Title,Tag,Content
"TSX Slightly Down, Books Weekly Gains",Stock Market,"TSX Slightly Down, Books Weekly GainsUnited States Stock MarketThe S&P/TSX Composite index ended marginally in the red at the 20,260 level on Friday, the highest since late May, snapping the sharp gains from the prior three sessions while adding 2.2% on the week amid continuous hopes that lower inflation will ease central banks’ prolonged tightening pressure. Energy producers led the losses of the session and slipped 2.3%, tracking lower oil prices. Also, policy-sensitive tech shares edged down by 0.2%, tracking their peers on Nasdaq. On the other hand, the heavyweight financial sector gained 0.3% following some upbeat corporate results for US banking giants. Among stocks, TELUS International tumbled 30.5% after the IT services company estimated a loss for the second quarter results. Pine Cliff Energy fell 6.9% after being downgraded by Stifel. Also, First Quantum Minerals slipped 0.7% after Raymond James downgraded the rating on copper miner. 2 days ago"
UnitedHealth Hits 4-week High,stocks,UnitedHealth Hits 4-week HighUnited States stocksUnitedHealth increased to a 4-week high of 483.243 days ago
Cisco Systems Hits 4-week Low,stocks,Cisco Systems Hits 4-week LowUnited States stocksCisco Systems decreased to a 4-week low of 50.083 days ago
AT&T Hits All-time Low,stocks,AT&T Hits All-time LowUnited States stocksAT&T decreased to an all-time low of 14.393 days ago
Microsoft Hits 4-week High,stocks,Microsoft Hits 4-week HighUnited States stocksMicrosoft increased to a 4-week high of 348.563 days ago
JPMorgan Hits 16-month High,stocks,JPMorgan Hits 16-month HighUnited States stocksJPMorgan increased to a 16-month high of 151.683 days ago
US Export Prices Fall More than Expected,Export Prices MoM,"US Export Prices Fall More than ExpectedUnited States Export Prices MoMExport prices in the US dropped 0.9 percent month-over-month in June 2023, following a 1.9 percent fall in May and more than market expectations of a 0.2 percent decrease. Prices for agricultural exports fell 1.6 percent due to lower prices for soybeans, fruit, and nuts more than offset higher meat prices. Also, nonagricultural cost decreased 0.9 percent as lower prices for nonagricultural industrial supplies and materials and nonagricultural foods more than offset higher prices for capital goods, consumer goods, and automotive vehicles. On a yearly basis, export prices tumbled 12 percent, the largest decline since the series was first published in September 1984.3 days ago"
Citigroup earnings above expectations at 1.37 USD,Earnings,"Citigroup earnings above expectations at 1.37 USDUnited States EarningsCitigroup (C) released earnings per share at 1.37 USD, compared to market expectations of 1.30 USD.3 days ago"
US Treasury Yields Below Recent Highs,Government Bond 10Y,"US Treasury Yields Below Recent Highs United States Government Bond 10YThe yield on the US 10-year Treasury note was around 3.78% on Friday, close to low levels not seen since late June, after both consumer and producer inflation figures came below market forecasts, raising expectations the Fed will end its tightening cycle sooner rather than later. Traders are assigning a 95% chance of a 25bps increase in the fed funds rate later this month but remain divided on the need of further increases, although several officials including Chair Powell and Governor Waller have been advocating for another increase in borrowing costs beyond July. Bets for a September increase currently stand at 13% and for November at 21%. Meanwhile, the yield on the US two-year note, the most sensitive to short-term policy moves, dropped to 4.63%.3 days ago"
Wells Fargo earnings above expectations at 1.25 USD,Earnings,"Wells Fargo earnings above expectations at 1.25 USDUnited States EarningsWells Fargo (WFC) released earnings per share at 1.25 USD, compared to market expectations of 1.18 USD.3 days ago"
BlackRock earnings above expectations at 9.28 USD,Earnings,"BlackRock earnings above expectations at 9.28 USDUnited States EarningsBlackRock (BLK) released earnings per share at 9.28 USD, compared to market expectations of 8.43 USD.3 days ago"
UnitedHealth earnings above expectations at 6.14 USD,Earnings,"UnitedHealth earnings above expectations at 6.14 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 6.14 USD, compared to market expectations of 6.06 USD.3 days ago"
Dollar Languishes on Dovish Fed Bets,Currency,"Dollar Languishes on Dovish Fed BetsUnited States CurrencyThe dollar index held its recent decline to below 100 on Friday, sinking to its lowest levels in 15 months as signs that US inflation is on a downward trend raised hopes that the Federal Reserve is nearing the end of its current monetary policy tightening cycle. Latest data showed that US consumer and producer inflation rose less than anticipated in June even as the US labor market remained robust. The US central bank is still seen raising rates by 25 basis points in July, while traders scaled back bets of further rate increases after this year. Market pricing also suggests that the Fed could start cutting rates next year. The dollar plunged to over one-year lows against the euro and sterling, while it declined to multi-month lows against the yen and antipodean currencies.3 days ago"
Bitcoin Climbs as US Inflation Slows,Currency,"Bitcoin Climbs as US Inflation SlowsUnited States CurrencyBitcoin broke above the $31,000 mark in mid-July, hitting its strongest levels in 13 months as signs that US inflation is on a downward trend raised hopes that the Federal Reserve is nearing the end of its current monetary policy tightening cycle. Latest data showed that US consumer and producer inflation rose less than anticipated in June, while the US labor market remained robust. The US central bank is still seen raising rates by 25 basis points in July, while traders scaled back bets of further rate increases this year. Market pricing also suggests that the Fed could start cutting rates next year. Optimism over the creation of spot bitcoin ETFs by major financial firms such as BlackRock also continued to bolster prices, though the US SEC has yet to approve applications.3 days ago"
US Budget Deficit Widens More than Expected in June,Government Budget Value,"US Budget Deficit Widens More than Expected in JuneUnited States Government Budget ValueThe US government budget deficit came at USD 227.8 billion in June 2023, widening from a USD 88.8 billion gap in the same month of the previous year, and below market expectations of a USD 175 billion deficit as revenues continued to weaken and July benefit payments were accelerated into June. Revenues declined by 9.2% to USD 418 billion due to lower non-withheld individual income taxes. Outlays soared 17.5% to $646 billion led by higher individual tax refunds as the Internal Revenue Service cleared a backlog of unprocessed receipts. Considering the first nine months of the fiscal year, the budget deficit stood at USD 1.393 trillion compared to a USD 1.375 billion deficit a year earlier.
4 days ago"
Visa Hits 24-week High,stocks,Visa Hits 24-week HighUnited States stocksVisa increased to a 24-week high of 244.264 days ago
Amazon Hits 43-week High,stocks,Amazon Hits 43-week HighUnited States stocksAmazon increased to a 43-week high of 133.964 days ago
10-Year Treasury Yield Falls for 4th Session,Government Bond 10Y,"10-Year Treasury Yield Falls for 4th SessionUnited States Government Bond 10YThe yield on the US 10-year Treasury note hovered near 3.85% on Thursday, extending a decline for a 4th session as further evidence that price pressures are slowing in the US raised hopes of a less aggressive path ahead. Both headline and core producer prices came in softer than expected in June, rising 0.1% from the previous month. Earlier, data showed headline inflation dropping more than expected to 3%. Still, the US central bank is widely expected to raise the funds rate by 25bps this month before holding rates unchanged until the end of the year.4 days ago"
DXY Approaches 100,Currency,"DXY Approaches 100United States CurrencyThe dollar index fell toward 100 on Thursday, sinking to its weakest levels in over a year as softer-than-expected US producer and consumer price numbers bolstered speculations that the Federal Reserve may be nearing the end of its rate-hiking cycle. The annual inflation rate in the US slowed to 3% in June, coming in below market expectations of 3.1%, while the core inflation rate eased further to 4.8%. Also, producer prices went up 0.1% from a month earlier, less than forecasts of 0.2%. The Fed is still seen raising rates by 25 basis points this month, while traders scaled back bets of any further rate increases this year. The dollar slumped to over one-year lows against the euro and the sterling, while it depreciated to around one-month lows against the yen and antipodean currencies.4 days ago"
US Core PPI Rises Less than Expected,Core Producer Prices MoM,"US Core PPI Rises Less than ExpectedUnited States Core Producer Prices MoMCore producer prices in the United States increased by 0.1% over a month in June 2023, matching May's revised reading and slightly below market estimates of a 0.2% rise. On a yearly basis, core consumer prices advanced by 2.4% in June, slowing from a downwardly revised 2.6% increase in May and below market expectations of a 2.6% rise.4 days ago"
Progressive earnings below expectations at 0.57 USD,Earnings,"Progressive earnings below expectations at 0.57 USDUnited States EarningsProgressive (PGR) released earnings per share at 0.57 USD, compared to market expectations of 0.89 USD.4 days ago"
PepsiCo earnings above expectations at 2.09 USD,Earnings,"PepsiCo earnings above expectations at 2.09 USDUnited States EarningsPepsiCo (PEP) released earnings per share at 2.09 USD, compared to market expectations of 1.96 USD.4 days ago"
UnitedHealth earnings above expectations at 6.14 USD,Earnings,"UnitedHealth earnings above expectations at 6.14 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 6.14 USD, compared to market expectations of 6.06 USD.3 days ago"
Dollar Languishes on Dovish Fed Bets,Currency,"Dollar Languishes on Dovish Fed BetsUnited States CurrencyThe dollar index held its recent decline to below 100 on Friday, sinking to its lowest levels in 15 months as signs that US inflation is on a downward trend raised hopes that the Federal Reserve is nearing the end of its current monetary policy tightening cycle. Latest data showed that US consumer and producer inflation rose less than anticipated in June even as the US labor market remained robust. The US central bank is still seen raising rates by 25 basis points in July, while traders scaled back bets of further rate increases after this year. Market pricing also suggests that the Fed could start cutting rates next year. The dollar plunged to over one-year lows against the euro and sterling, while it declined to multi-month lows against the yen and antipodean currencies.3 days ago"
Bitcoin Climbs as US Inflation Slows,Currency,"Bitcoin Climbs as US Inflation SlowsUnited States CurrencyBitcoin broke above the $31,000 mark in mid-July, hitting its strongest levels in 13 months as signs that US inflation is on a downward trend raised hopes that the Federal Reserve is nearing the end of its current monetary policy tightening cycle. Latest data showed that US consumer and producer inflation rose less than anticipated in June, while the US labor market remained robust. The US central bank is still seen raising rates by 25 basis points in July, while traders scaled back bets of further rate increases this year. Market pricing also suggests that the Fed could start cutting rates next year. Optimism over the creation of spot bitcoin ETFs by major financial firms such as BlackRock also continued to bolster prices, though the US SEC has yet to approve applications.3 days ago"
US Budget Deficit Widens More than Expected in June,Government Budget Value,"US Budget Deficit Widens More than Expected in JuneUnited States Government Budget ValueThe US government budget deficit came at USD 227.8 billion in June 2023, widening from a USD 88.8 billion gap in the same month of the previous year, and below market expectations of a USD 175 billion deficit as revenues continued to weaken and July benefit payments were accelerated into June. Revenues declined by 9.2% to USD 418 billion due to lower non-withheld individual income taxes. Outlays soared 17.5% to $646 billion led by higher individual tax refunds as the Internal Revenue Service cleared a backlog of unprocessed receipts. Considering the first nine months of the fiscal year, the budget deficit stood at USD 1.393 trillion compared to a USD 1.375 billion deficit a year earlier.
4 days ago"
Visa Hits 24-week High,stocks,Visa Hits 24-week HighUnited States stocksVisa increased to a 24-week high of 244.264 days ago
Amazon Hits 43-week High,stocks,Amazon Hits 43-week HighUnited States stocksAmazon increased to a 43-week high of 133.964 days ago
10-Year Treasury Yield Falls for 4th Session,Government Bond 10Y,"10-Year Treasury Yield Falls for 4th SessionUnited States Government Bond 10YThe yield on the US 10-year Treasury note hovered near 3.85% on Thursday, extending a decline for a 4th session as further evidence that price pressures are slowing in the US raised hopes of a less aggressive path ahead. Both headline and core producer prices came in softer than expected in June, rising 0.1% from the previous month. Earlier, data showed headline inflation dropping more than expected to 3%. Still, the US central bank is widely expected to raise the funds rate by 25bps this month before holding rates unchanged until the end of the year.4 days ago"
DXY Approaches 100,Currency,"DXY Approaches 100United States CurrencyThe dollar index fell toward 100 on Thursday, sinking to its weakest levels in over a year as softer-than-expected US producer and consumer price numbers bolstered speculations that the Federal Reserve may be nearing the end of its rate-hiking cycle. The annual inflation rate in the US slowed to 3% in June, coming in below market expectations of 3.1%, while the core inflation rate eased further to 4.8%. Also, producer prices went up 0.1% from a month earlier, less than forecasts of 0.2%. The Fed is still seen raising rates by 25 basis points this month, while traders scaled back bets of any further rate increases this year. The dollar slumped to over one-year lows against the euro and the sterling, while it depreciated to around one-month lows against the yen and antipodean currencies.4 days ago"
US Core PPI Rises Less than Expected,Core Producer Prices MoM,"US Core PPI Rises Less than ExpectedUnited States Core Producer Prices MoMCore producer prices in the United States increased by 0.1% over a month in June 2023, matching May's revised reading and slightly below market estimates of a 0.2% rise. On a yearly basis, core consumer prices advanced by 2.4% in June, slowing from a downwardly revised 2.6% increase in May and below market expectations of a 2.6% rise.4 days ago"
Progressive earnings below expectations at 0.57 USD,Earnings,"Progressive earnings below expectations at 0.57 USDUnited States EarningsProgressive (PGR) released earnings per share at 0.57 USD, compared to market expectations of 0.89 USD.4 days ago"
PepsiCo earnings above expectations at 2.09 USD,Earnings,"PepsiCo earnings above expectations at 2.09 USDUnited States EarningsPepsiCo (PEP) released earnings per share at 2.09 USD, compared to market expectations of 1.96 USD.4 days ago"
US Mortgage Applications Rise 0.9%: MBA,Mortgage Applications,"US Mortgage Applications Rise 0.9%: MBAUnited States Mortgage ApplicationsMortgage applications in the US edged 0.9% higher in the week ended July 7th, 2023, following a 4.4% decline in the previous week, data from the Mortgage Bankers Association data showed. Applications to buy a home increased 1.8%, driven by increases in both Federal Housing Administration and VA . Applications to refinance a home loan dropped 1.3%, as demand for rate/term and cash-out refinances remains extremely low. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) jumped 22bps to 7.07%, the highest in eight months, as Treasury yields marched higher after Fed Chair reinforced that interest rates will need to rise further this year.5 days ago"
Dollar Languishes Ahead of Key Inflation Report,Currency,"Dollar Languishes Ahead of Key Inflation ReportUnited States CurrencyThe dollar index fell below 101.6 on Wednesday, hitting its weakest levels in two months amid growing expectations that US inflation will continue to ease and that the Federal Reserve will soon stop hiking rates. On Monday, several US central bank officials said they will likely lift rates further this year to bring down inflation that is still too high, but the end of the current monetary policy tightening cycle is getting closer. Meanwhile, latest data showed that US consumer inflation expectations for the year ahead fell for a third consecutive month to 3.8% in June 2023 from 4.1% in May, the lowest in over two years. Economic optimism in the US also unexpectedly declined to an eight-month low in July. Investors now look ahead to the June US consumer price index report to provide clarity on the Fed’s progress in fighting inflation. The dollar weakened the most against the Australian and New Zealand dollars, while it depreciated to an almost one-month low against the Japanese yen.5 days ago"
US Futures Steady Ahead of Key Inflation Data,Stock Market,"US Futures Steady Ahead of Key Inflation DataUnited States Stock MarketUS stock futures were little changed on Wednesday as investors braced for a key US inflation report that could guide the outlook for the economy and interest rates. Futures contracts tied to the three major indexes were all trading near breakeven. In regular trading on Tuesday, the Dow jumped 0.93%, the S&P 500 gained 0.67% and the Nasdaq Composite added 0.55%, with all three benchmarks rising for the second straight session. Ten out of the 11 S&P sectors finished higher, led to the upside by energy, utilities and industrials, while the healthcare sector was unchanged. Investors digested remarks from several Federal Reserve officials who said they will likely need to raise rates further to bring down inflation, but the end of the tightening cycle is getting close. Meanwhile, the June consumer price index reading due before the market opens on Wednesday is expected to show that price pressures are continuing to cool. 5 days ago"
US Crude Oil Inventories Unexpectedly Rise: API,API Crude Oil Stock Change,"US Crude Oil Inventories Unexpectedly Rise: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US increased by 3.026 million barrels in the week that ended July 7th, 2023, snapping three straight weeks of draw, data from the API's Weekly Statistical Bulletin showed. The reading followed a fall of 4.385 million barrels in the previous week while the market expected a 0.2 million decline.

5 days ago"
US 10-Year Treasury Yield Down for 3rd Session,Government Bond 10Y,"US 10-Year Treasury Yield Down for 3rd SessionUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell below 4%, retreating for the third consecutive session after hitting its highest since November 2022 at almost 4.1% as investors turned cautious ahead of key economic data that could influence the Federal Reserve’s next interest rate policy moves. The CPI report on Wednesday is expected to show headline annual inflation fell to 3.1% in June from 4% in the previous month, while the core index probably decreased to 5% from 5.3%. Markets are now pricing in a 94.9% chance of rates being hiked again during the central bank’s upcoming meeting on July 25-26 but uncertainty remains for the other three Fed meetings scheduled for later in the year. In the latest Fed commentary, Fed President Mary Daly said that she expects two further rate hikes to be announced this year to lower inflation, in line with early comments from Fed Chairman Jerome Powell.6 days ago"
Dollar Weakens to 2-Month Low,Currency,"Dollar Weakens to 2-Month LowUnited States CurrencyThe dollar index fell to around 101.8 on Tuesday, hitting its weakest levels in two months as several US central bank officials said they will likely raise interest rates further to bring down inflation, but the end of the current monetary policy tightening cycle is getting close. Markets are currently priced for a 25 basis point rate increase this month, while doubts persist on the need for further hikes. US consumer inflation expectations for the year ahead also fell for a third consecutive month to 3.8% in June 2023 from 4.1% in May, the lowest in over two years. Investors now look ahead to US consumer inflation data on Wednesday and producer inflation numbers on Thursday for more clues on the economy and the path for interest rates. The dollar fell the most against the British Pound which touched the $1.29 mark, its strongest level since April 2022. Also, the Swiss Franc hit $0.88, closing on the strongest since January 2015 and the Yen touched a 4-week high of $140. 6 days ago"
"US Consumer Credit Misses Forecasts, Lowest Since 2020",Consumer Credit,"US Consumer Credit Misses Forecasts, Lowest Since 2020United States Consumer CreditTotal consumer credit in the US increased by $7.24 billion in May of 2023, following a downwardly revised $20.32 billion rise in the previous month and well below market expectations of a $20.25 billion rise. It was the smallest monthly gain in consumer credit since November of 2020, as revolving credit, like credit cards, growth slowed to $8.49 billion (or +8.2 percent on annual basis), compared to an upwardly revised $14.16 billion rise in the prior month. Non Revolving credit, typically auto and student loans, fell by $1.25 billion ( or -0.4 percent), following a downwardly revised $6.15 billion gain in the prior month. 
7 days ago"
Dollar Wavers as Traders Await Releases,Currency,"Dollar Wavers as Traders Await Releases United States CurrencyThe dollar index swung around 102.2 on Monday, following a 0.9% drop on Friday, with traders awaiting important data to be released during the week to assess the health of the US economy. The CPI and the PPI reports and the beginning of the US earnings season will be keenly watched, after the jobs report on Friday continued to point to strong wage growth, despite a slowdown in the number of payrolls added. Investors have already priced in a 25bps increase in the fed funds rate later in the month, but doubts persist on the need for further hikes. 7 days ago"
Treasury Yields Little Changed Ahead of Inflation,Government Bond 10Y,"Treasury Yields Little Changed Ahead of InflationUnited States Government Bond 10YThe yield on the US 10-year Treasury note was around 4.05%, close to the highest since November 2022 as markets continued to assess the latest data for hints on the extent of remaining tightening by the Federal Reserve. The CPI report due on Wednesday and the PPI on Thursday will be in the spotlight this week. On Friday, the payrolls report showed the economy added less jobs than expected in June, but the increase was robust enough to hold recent evidence that the US labor market remains tight, a favourable backdrop for the Federal Reserve to continue raising interest rates to curb stubborn inflation. The central bank is expected to raise its funds rate by 25bps in its upcoming meeting this month before holding the terminal rate of 5.5% until May of 2024.7 days ago"
US Futures Waver,Stock Market,"US Futures Waver United States Stock MarketStock futures in the US swung around the flatline on Monday, as traders await the US CPI report and the kick off of the second quarter earnings season later in the week. The upcoming inflation report is expected to offer additional evidence regarding inflationary pressures and provide insights into the Federal Reserve's future actions. Traders are currently pricing in a nearly 92% chance for a 25bps increase in the fed funds rate this month, but the odds for another quarter point hike later in the year have been swinging, currently standing at 22% for September and 34% for November. Moreover, concerns about the weakening Chinese recovery persisted after disappointing consumer and producer inflation figures. On the earnings front, reports from prominent financial institutions such as Citigroup, JPMorgan Chase, and Wells Fargo, along with Delta Air Lines, PepsiCo, BlackRock, and UnitedHealth Group will be in the spotlight this week.7 days ago"
US Dollar Stays Below 103,Currency,"US Dollar Stays Below 103United States CurrencyThe dollar index remained below 103 on Monday, as traders recalculated over how much further US interest rate would be needed after US jobs data posted the smallest rise in 2-1/2 years. The US economy added 209,000 jobs last month, data on Friday showed, missing market expectations for the first time in 15 months. Meanwhile,  the jobless rate fell slightly to 3.6%, while wage growth was strong with earnings rising 4.4% over the past twelve months. Investors now anticipated a slew of US inflation data on Wednesday and Thursday and speeches from several Federal Reserve officials this week.
7 days ago"
US Natural Gas Stocks Rise More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 72 billion cubic feet of natural gas into storage during the week that ended June 30th, totaling 2,877 billion cubic feet. The figure outpaced market expectations of a 64 billion influx, and rose above the 60 billion cubic feet build from the corresponding week of the previous year. Natural gas storages are 25% higher than those from June 2022, and 15.6% above the five-year average from 2018 to 2022.
10 days ago"
10-Year Treasury Note Yield Rises to 8-Month High,Government Bond 10Y,"10-Year Treasury Note Yield Rises to 8-Month HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note held above 4.05% on Friday, the highest since November 2022 as markets continued to assess the latest data for hints on the extent of remaining tightening by the Federal Reserve. Non-farm payrolls rose slightly less than markets expected in June, but the increase was robust enough to hold recent evidence that the US labor market remains tight, a favorable backdrop for the Federal Reserve to continue raising interest rates to curb stubborn inflation. The central bank is expected to raise its funds rate by 25bps in its upcoming meeting this month before holding the terminal rate of 5.5% until May of 2024. 10 days ago"
Dollar Weakens as NFP Data Disappoints,Currency,"Dollar Weakens as NFP Data DisappointsUnited States CurrencyThe dollar index dropped below 103 on Friday after the latest labor data cast some doubts over the need for further tightening by the Fed. The US economy added only 209 thousand jobs in June, the least since December 2020 but the jobless rate decreased slightly to 3.6%, and wage growth of 4.4% surpassed market expectations. Traders now fully price in a 25bps hike in the fed funds rate this month but the odds for another quarter-point increase beyond July decreased. 10 days ago"
US Jobless Rate Falls to 3.6%,Unemployment Rate,"US Jobless Rate Falls to 3.6%United States Unemployment RateThe unemployment rate in the US decreased slightly to 3.6 percent in June 2023, which is lower than May's seven-month high of 3.7 percent and in line with market expectations. The jobless rate has fluctuated between 3.4 percent and 3.7 percent since March 2022, indicating a consistently tight labor market and allowing the Federal Reserve the flexibility to continue raising interest rates as a means to combat inflation. The number of unemployed people decreased by 140 thousand to 5.96 million and employment levels rose by 273 thousand to 160.99 million. The so-called U-6 unemployment rate, which also includes people who want to work, but have given up searching and those working part-time because they cannot find full-time employment, rose to 6.9 percent in June from 6.7 percent in May. The labor force participation rate was unchanged at 62.6 percent, remaining at its highest level since March 2020.10 days ago"
US Futures Steady Ahead of Payrolls,Stock Market,"US Futures Steady Ahead of PayrollsUnited States Stock MarketUS stock futures were little changed on Friday as investors refrained from making big bets ahead of the payrolls release which will provide further evidence of the labour market performance and clues on what the Fed will do next. Traders are currently assigning a nearly 90% chance of a 25bps increase in the fed funds rate this month while the odds for another quarter point increase in November stand at about 38%. In premarket trading, most tech and growth megacaps experienced slight declines, while shares of Alibaba rose following a report by Reuters stating that Chinese authorities are likely to impose a fine of at least CNY 8 billion on Ant Group. Considering the first week of the second half of the year, the Dow Jones is down nearly 1.4%, the S&P 500 fell 0.9% and the Nasdaq lost 0.8%. Next week, investors can expect further insights into the health of the US economy, as the earnings season kicks off and the CPI for June is due to be released on Wednesday.10 days ago"
Dollar Steadies Ahead of Key Jobs Report,Currency,"Dollar Steadies Ahead of Key Jobs ReportUnited States CurrencyThe dollar index steadied around 103.1 on Friday as investors cautiously awaited a key US jobs report that could influence the outlook for Federal Reserve monetary policy, which is expected to show that US jobs growth eased in June. Meanwhile, data released on Thursday showed that private companies in the US added 497K jobs in June, the most since February 2022 and far exceeding forecasts of 228K, pointing to a still tight labor market. Employers also announced the least job cuts since October and continuing claims fell to the lowest in four months. Moreover, the ISM Services PMI unexpectedly jumped to 53.9 in June of 2023, pointing to the strongest growth in the services sector in four months, and well above expectations of 51. The strong jobs and services data bolstered bets that the Fed will lift rates further in July.10 days ago"
US Mortgage Rates Rise to 8-Month High,30 Year Mortgage Rate,"US Mortgage Rates Rise to 8-Month HighUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage increased by 10 basis points from the previous week to 6.81% in the week ending July 6th, the highest November 2022 as higher interest from the Federal Reserve underpinned expensive mortgage rates for American consumers. A year ago, the 30-year fixed mortgage rate was at 5.3%. “Mortgage rates continued their upward trajectory again this week, rising to the highest rate this year so far,” said Sam Khater, Freddie Mac’s Chief Economist. “This upward trend is being driven by a resilient economy, persistent inflation and a more hawkish tone from the Federal Reserve. These high rates combined with low inventory continue to price many potential homebuyers out of the market.”11 days ago"
US Crude Oil Inventories Fall Slightly More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall Slightly More than ExpectedUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 1.508 million barrels in the week ending June 30th, 2023, the least in three weeks but slightly more than forecasts of a 0.983 million fall, data from the EIA Petroleum Status Report showed. Crude stocks at the Cushing, Oklahoma delivery hub were down by 0.4 million barrels, following a 1.209 million increase in the previous period. Meanwhile, distillate stockpiles, which include diesel and heating oil, went down by 1.045 million barrels, compared to expectations of a 0.296 million rise and gasoline inventories decreased by 2.55 million, compared with forecasts of a 1.417 million drop.11 days ago"
Dollar Rebounds,Currency,"Dollar Rebounds United States CurrencyThe dollar index inched higher to pass 103.5 on Thursday after fresh data showed the US economy remains strong strengthening the case for the Fed to continue to raise rates. The ISM Services PMI unexpectedly jumped to 53.9 in June of 2023, pointing to the strongest growth in the services sector in four months, and well above expectations of 51. Also, private businesses added 497K workers to their payrolls in June, the most since February 2022 and exceeding forecasts of 228K while employers announced the least job cuts since October, and continuing claims fell to the lowest in four months. Traders are currently assigning a nearly 95% chance of a 25bps increase in the fed funds rate while the odds for another quarter-point increase in September went up to 30% from around 20% early. The payrolls report due tomorrow will be keenly watched for further information.11 days ago"
US Job Quits Rise to 5-Month High,Job Quits,"US Job Quits Rise to 5-Month HighUnited States Job QuitsThe number of job quits in the United States rose by 250K from the previous month to 4.02 million in May of 2023, the highest level since last December. That was below record peaks of roughly 4.5 million quits reached in November 2021 but was still historically high. The number of quits increased mostly in health care and social assistance (+69,000) and in construction (+57,000). The quits rate, which measures the proportion of voluntary job leavers among total employment, was up to 2.6% in May from 2.4% in the prior month.11 days ago"
US Private Sector Output Grows at Softer Pace in June,Composite PMI,"US Private Sector Output Grows at Softer Pace in JuneUnited States Composite PMIThe S&P Global US Composite PMI was revised upward to 53.2 in June 2023 from the preliminary estimate of 53.0. However, it remained below May's reading of 54.3, indicating a solid but slower upturn in business activity. Service providers experienced a softer increase in output, while there was a renewed contraction in manufacturing production. New order growth slowed due to a continued decline in export orders, while employment saw a moderate increase. On the pricing front, cost pressures intensified, with a second consecutive fall in cost burdens among manufacturers being offset by the sharpest rise in service sector costs recorded since January. Output charges continued to rise at a strong rate, well above the pre-pandemic average.11 days ago"
US Services PMI Revised Slightly Higher,Services PMI,"US Services PMI Revised Slightly HigherUnited States Services PMIThe S&P Global US Services PMI was revised slightly higher to 54.4 in June of 2023 from a preliminary of 54.1, continuing to point to a robust services performance. Output continued to rise at a solid pace as the demand environment improved, spurring a strong upturn in new orders. Domestic and foreign client demand supported new business growth, as new export orders rose for a second month running. Job creation was also linked to greater pressure on capacity as backlogs of work returned to growth. Supplier shortages, higher interest rates and increased wage bills pushed cost burdens higher. Input prices consequently rose at the sharpest pace in five months. That said, efforts to remain competitive led to more muted upticks in charges, meaning selling prices increased at the slowest rate since February. Also, firms were more upbeat in their year-ahead expectations for activity and sought to expand employment accordingly. 11 days ago"
Dollar Slightly Lower on Thursday,Currency,"Dollar Slightly Lower on ThursdayUnited States CurrencyThe dollar index swung around 103.3 on Thursday, after booking small gains this week, as traders digest prospects of higher interest rates and mixed economic data. Yesterday, FOMC minutes reinforced expectations for a rate increase this month, with traders currently assigning a nearly 93% chance of a 25bps increase in the fed funds rate while the odds for another quarter-point increase in September went up to 30% from around 20% early. At the same time, labour market data including the job cuts, the ADP and the claims report continue to point to a strong job market. The payrolls report due tomorrow will be keenly watched for further information. On the other hand, production indicators including the ISM manufacturing PMI and factory orders disappointed.11 days ago"
US Exports Down to 14-Month Low,Exports,"US Exports Down to 14-Month LowUnited States ExportsExports from the United States decreased by USD 2.1 billion to USD 247.1 billion in May 2023, the lowest level since March 2022, reflecting weakened global demand. Exports of goods were down USD 2.5 billion mainly due to lower sales of soybeans, as well as industrial supplies and materials including crude oil, other petroleum products and natural gas liquids. Exports of services rose USD 0.4 billion, boosted by travel, transport and other business services.11 days ago"
US Imports Drop to 17-Month Low,Imports,"US Imports Drop to 17-Month LowUnited States ImportsImports into the United States plummeted by USD 7.5 billion to USD 316.1 billion in May 2023, the lowest level since December 2021, suggesting that persistently high inflation and rising interest rates may have impacted domestic demand. Imports of goods decreased USD 7.2 billion, led by lower purchases of consumer goods, including pharmaceutical preparations and cell phones and other household goods. Additionally, imports were down for industrial supplies and materials thanks to falling purchases of nonmonetary gold and organic chemicals. By contrast, imports of computers rose. Finally, imports of services declined USD 0.3 billion, driven by transport and travel.
11 days ago"
US Initial Jobless Claims Rise as Expected,Initial Jobless Claims,"US Initial Jobless Claims Rise as ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits rose by 12,000 to 248,000 on the week ending July 1st, broadly aligned with expectations of 245,000. Still, the result remained well below historical averages and the brief peaks from the first three weeks of June, echoing evidence of a tight labor market from other surveys for the period. The four-week moving average, which removes week-to-week volatility, fell by 3,500 to 253,250. On a seasonally unadjusted basis, claims rose by 20,838 to 250,556, with notable increases in Michigan (+6,729) and New York (+4,341). In the meantime, continuing claims fell by 13,000 to 1,720,000 in the prior week, the lowest in four months, suggesting that conditions for jobseekers to find employment may be improving.11 days ago"
US Trade Gap Falls Slightly as Expected,Balance of Trade,"US Trade Gap Falls Slightly as ExpectedUnited States Balance of TradeThe US trade gap narrowed slightly to $69 billion in May of 2023 from $74.4 billion in April, in line with market expectations. Imports went down 2.3% to $316.1 billion,  the lowest level since December 2021, led by falls in purchases of pharmaceutical preparations, cell phones, nonmonetary gold, organic chemicals, transport and travel while increases were seen for artwork and computers. Meanwhile, exports edged 0.8% lower to $247.1 billion, dragged down by purchases of soybeans, crude oil, natural gas, and charges for the use of intellectual property. On the other hand, shipments went up for passenger cars, travel and transport. In May, the biggest trade deficits were recorded with China ($-24.9 billion), the European Union ($-16.5 billion), Mexico ($-13.5 billion), Vietnam ($-8.1 billion) and the highest surpluses with the Netherlands ($3.9 billion), Belgium ($1.7 billion), Hong Kong ($1.6 billion), Australia ($1.2 billion), the United Kingdom ($1.2 billion), Brazil ($1 billion).11 days ago"
US Companies Cut the Least Jobs in 8 Months,Challenger Job Cuts,"US Companies Cut the Least Jobs in 8 MonthsUnited States Challenger Job CutsUS-based employers announced 40.709K job cuts in June 2023, the lowest level since October 2022, compared to 80.809K in May. Still, the reading is above 32.517K layoffs announced a year earlier. The tech sector laid off nearly 5,000 employees. ""The drop in cuts is not unusual for the summer months. In fact, June is historically the slowest month on average for announcements. It is also possible that the deep job losses predicted due to inflation and interest rates will not come to pass, particularly as the Fed holds rates,"" said Andrew Challenger, senior vice president at Challenger, Gray & Christmas Inc. So far this year, employers have announced 458,209 cuts, the highest first-half total since 2020. Technology is leading with 141,516 cuts, the second-highest total for the sector ever, followed by retail companies (48,212) and financial firms (39,768). The top reason for job cuts is Market/Economic Conditions, followed by Cost-Cutting and store, unit, or department Closings.11 days ago"
Mortgage Rates at 1-Month High: MBA,Mortgage Rate,"Mortgage Rates at 1-Month High: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) in the US jumped 10bps to 6.85% in the last week of June 2023. Interest rates moved back to high levels not seen in nearly a month, as Treasury yields marched higher after Fed Chair reinforced that interest rates will need to rise further this year.11 days ago"
Mortgage Applications Fall as Rates Rise: MBA,Mortgage Applications,"Mortgage Applications Fall as Rates Rise: MBAUnited States Mortgage ApplicationsMortgage applications in the US fell 4.4% in the week ended June 30th, 2023, the first decline in four weeks, weighed by a rise in mortgage rates, data from the Mortgage Bankers Association data showed. Applications to buy a home were down 4.6% and those to refinance a home loan dropped 4.1%. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) jumped 10bps to 6.85%, back to high levels not seen in nearly a month, as Treasury yields marched higher after Fed Chair reinforced that interest rates will need to rise further this year. ""The average loan size for a purchase application declined to $423,500, its lowest level since January 2023”, likely driven by a drop in homebuying in some high-price markets and more activity in some of the lower price tiers, according to Joel Kan, MBA’s deputy chief economist.11 days ago"
Dollar Firms Up on Hawkish Fed View,Currency,"Dollar Firms Up on Hawkish Fed ViewUnited States CurrencyThe dollar index held its recent advance to around 103.4 on Thursday, approaching its highest levels in over three weeks as the latest Federal Reserve policy meeting minutes reinforced expectations for a rate increase this month. The FOMC loosely agreed to pause its rate hikes in June to assess the impact of its aggressive tightening campaign on inflation and growth. However, the minutes showed that a vast majority of policymakers expect further rate increases this year to curb stubbornly high inflation amid a so-far resilient labor market. Meanwhile, US factory orders slowed more than expected in May, while ISM data showed that US manufacturing activity for June contracted the most since May 2022. Investors now look ahead to the latest ADP private payrolls and initial jobless claims figures on Thursday, as well as services PMI reports.11 days ago"
US Crude Oil Inventories Fall the Most in Over 1 Month: API,API Crude Oil Stock Change,"US Crude Oil Inventories Fall the Most in Over 1 Month: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US dropped by 4.382 million barrels in the week that ended June 30th, 2023, marking the third consecutive draw and the sharpest since mid-May, data from the API's Weekly Statistical Bulletin showed. It extended the decrease of 2.408 million barrels the previous week.11 days ago"
US Dollar Rises to 3-Week High,Currency,"US Dollar Rises to 3-Week HighUnited States CurrencyThe dollar index advanced to above 103.3 on Wednesday, hovering at its highest in over three weeks as markets digested minutes from the latest Federal Reserve meeting. The FOMC loosely agreed to pause rate hikes so that further data could be gathered on how the aggressive tightening cycle has impacted inflation and growth. Still, some policymakers favored a 25bps rate hike, and there was a broad consensus that further tightening will eventually be needed to curb stubbornly high inflation amid a so-far resilient labor market. Still, swap prices showed that investors continued to doubt the dot-plot’s signal of two additional rate hikes this year, as the slowing economy could force the Fed to be less hawkish than it is inclined. Factory orders slowed more than expected in May, while ISM data showed that US manufacturing activity for June contracted the most since May 2022.12 days ago"
US 10Y Bond Yield Holds at 4-Month High,Government Bond 10Y,"US 10Y Bond Yield Holds at 4-Month HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note maintained its position above the 3.9% threshold, hovering close to its highest level since early March after the minutes from the June's FOMC policy-setting meeting revealed that a majority of policymakers were in agreement that further interest rate hikes would be appropriate during 2023. Officials acknowledged that inflation, despite a recent slowdown, remained significantly above the Federal Reserve's 2% target, while emphasizing the persistently tight labor market. Nevertheless, concerns regarding an economic slowdown led market expectations to anticipate a 25bps increase in the central bank's upcoming meeting, with a subsequent pause, deviating from indications of 50bps of additional rate hikes suggested in the FOMC's Summary of Economic Projections.12 days ago"
Treasury Yields Rise to 4-Month High,Government Bond 10Y,"Treasury Yields Rise to 4-Month HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose toward the 3.9% mark in early July, the highest since early March, as markets continued to assess the latest economic data for hints on the extent of the Federal Reserve’s remaining tightening. Minutes from the FOMC’s latest policy-setting meeting are expected to show that the committee broadly agrees that more interest rate hikes are necessary to fight the recent stubbornness observed in core inflation rates. Still, concerns of a slowing economy drove markets to expect a 25bps increase in the central bank’s next meeting before an eventual pause, coming short of signals of 50bps of remaining hikes from the FOMC’s Summary of Economic Projections. Besides recent signs of a loosening job market, fresh data showed that factory orders slowed considerably in May. Markets also assessed concerns of upside inflation risks amid export restrictions from China, which could lift prices in motor trades.12 days ago"
"US Stocks Fall, FOMC Minutes Eyed",Stock Market,"US Stocks Fall, FOMC Minutes EyedUnited States Stock MarketUS stocks were lower on Wednesday, with the Dow Jones falling about 100 points while both the S&P 500 and the Nasdaq were down nearly 0.3% each, as investors return from the Independence Day holiday to face concerns about the health of the global economy. The services PMI data pointed to a sharp slowdown in China and a bigger than-expected loss of momentum in the Euro Area. Also, traders will keep a close eye on the FOMC minutes release later in the day for further clues on the Fed's plans, although Chair Powell has been reinforcing that interest rates will need to rise further this year. Factory orders are also due today while the payrolls report will be released Friday. Materials, financials and industrial were the worst performing sectors. 12 days ago"
"US 10-Year Treasury Yield Little Changed, FOMC Minutes Awaited",Government Bond 10Y,"US 10-Year Treasury Yield Little Changed, FOMC Minutes AwaitedUnited States Government Bond 10YThe yield on the US 10-year Treasury note was around 3.8%, with investors focusing on the health of the global economy and prospects that the Fed and other major central banks will continue to tighten. The FOMC minutes release later today will be keenly watched for any further clues on the Fed's plans. Traders are currently assigning a nearly 86% chance the Fed will raise the fed funds rate by 25bps this month and the odds for another quarter-point hike in September currently stand at 19%. Later in the week, the payrolls report will provide further evidence on the labour market performance. 12 days ago"
US Futures Point to Lower Open,Stock Market,"US Futures Point to Lower Open United States Stock MarketUS stock futures were lower on Wednesday, with contracts on the Dow Jones falling over 100 points while both the S&P 500 and the Nasdaq were down nearly 0.4%, as investors return from the Independence Day holiday to face concerns about the health of the global economy. The services PMI data pointed to a sharp slowdown in China and a bigger than-expected loss of momentum in the Euro Area. Also, traders will keep a close eye on the FOMC minutes release later in the day for further clues on the Fed's plans, although Chair Powell has been reinforcing that interest rates will need to rise further this year. Factory orders are also due today while the payrolls report will be released Friday. On the corporate front, Netflix rose 0.8% in premarket trading after Goldman Sachs upgraded the company's shares to neutral from sell12 days ago"
Dollar Muted Ahead of Fed Minutes,Currency,"Dollar Muted Ahead of Fed MinutesUnited States CurrencyThe dollar index was little changed around 103.1 on Wednesday, remaining sideways so far this week as traders braced for the latest Federal Reserve policy meeting minutes for more clues on the path for US interest rates. Markets are currently betting that the central bank will deliver another 25 basis point rate hike this month as Fed Chair Jerome Powell said that further rate increases are likely ahead as it will take time to bring inflation back down to the 2% target. Meanwhile, ISM data released on Tuesday showed that US manufacturing activity for June contracted the most since May 2020 amid weakening demand. Investors now look ahead to the key monthly jobs report, JOLTS and ISM Services PMI data later this week for further clues on the economy.12 days ago"
US Futures Edge Lower on Wednesday,Stock Market,"US Futures Edge Lower on WednesdayUnited States Stock MarketUS stock futures edged lower on Wednesday as trading resumes in a holiday-shortened week, with futures tied to the three major indexes all losing about 0.1%. Markets were closed on Tuesday for the Fourth of July holiday and closed early on Monday. The major averages notched gains during Monday’s session which kicked off the start of a new month, quarter and half-year for the market. The Nasdaq Composite climbed 0.21%, the S&P 500 rose 0.12% and the Dow inched up 0.03%, with nine out of the 11 S&P sectors finishing higher. Investors now look ahead to the latest Federal Reserve policy meeting minutes on Wednesday for more clues on the path for interest rates, as well as May factory orders data.12 days ago"
Dollar Little Changed as Traders Weigh Economic Outlook,Currency,"Dollar Little Changed as Traders Weigh Economic OutlookUnited States CurrencyThe dollar index was little changed around 103 on Tuesday, as investors weigh updates on the US economic performance and prospects the Fed will continue to tighten. The ISM Manufacturing PMI pointed to the sharpest contraction in factory activity since May 2020 while consumer spending released last week showed a big slowdown. The payrolls report, JOLTS and ISM Services PMI are also due this week. Meanwhile, minutes from the latest FOMC meeting due Wednesday will be keenly watched for further clues on the Fed's next steps, with Chair Powell reinforcing last week that interest rates will continue to rise this year.14 days ago"
US Treasury Yields Fall after ISM PMI,Government Bond 10Y,"US Treasury Yields Fall after ISM PMIUnited States Government Bond 10YThe yield on the US 10-year Treasury note cut early gains to around 3.8% on the first trading day of the second half of the year, amid concerns about the health of the economy, after the ISM Manufacturing PMI pointed to the biggest contraction in factory activity in nearly three years. The payrolls report, JOLTS and ISM Services PMI are also due this week. Meanwhile, minutes from the latest FOMC meeting on Wednesday will be keenly watched for further clues on the Fed's next steps, with Chair Powell reinforcing last week that interest rates will continue to rise this year. Traders are currently assigning a nearly 87% chance the Fed will raise the fed funds rate by 25bps next month and the odds for another quarter-point hike in September fell to 18% from 21% before the ISM release. Early on Monday, the gap between the 2-year and the 10-year Treasury yields hit -109.5 bps, the widest since 1981. Markets will close early Monday and be closed Tuesday for the Independence Day holiday.14 days ago"
US Manufacturing PMI Confirmed at 6-Month Low: S&P Global,Manufacturing PMI,"US Manufacturing PMI Confirmed at 6-Month Low: S&P GlobalUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was confirmed at a six-month low of 46.3 in June of 2023, pointing to a second successive monthly decline in the health of the manufacturing sector, amid a renewed fall in output and a sharp downturn in new orders, dragged down by suppressed demand due to inflationary pressure and higher interest rates. Despite a steep drop in backlogs of work, manufacturers still sought to replace voluntary leavers and fill long-held vacancies, meaning employment grew further. A dearth of new orders led firms to continue in their efforts to run down stocks with input buying also contracting markedly. On the price front, cost burdens fell at the fastest pace for over three years. Weak demand conditions, meanwhile, led to broadly unchanged output charges on the month as firms sought to attract new sales. Finally, business expectations were the lowest so far this year. 14 days ago"
Treasury Yields Edge Higher to Kick Off H2 2023,Government Bond 10Y,"Treasury Yields Edge Higher to Kick Off H2 2023United States Government Bond 10YThe yield on the US 10-year Treasury note edged higher to approach 3.86% on the first trading day of the second half of the year, as investors await further updates on the economic performance due this week, including the payrolls report and the ISM PMIs. Also, minutes from the latest FOMC meeting will be keenly watched for further clues on the Fed's next steps, with Chair Powell reinforcing last week that interest rates will continue to rise this year. Traders are currently assigning a nearly 87% chance the Fed will raise the fed funds rate by 25bps next month and the odds for another quarter-point hike in September currently stand at nearly 21%. Meanwhile, the gap between the 2-year and the 10-year Treasury yields hit -109.5 bps, the widest since 1981. Markets will close early Monday and be closed Tuesday for the Independence Day holiday.14 days ago"
Tesla Shares Rally after Upbeat Results,Stock Market,"Tesla Shares Rally after Upbeat ResultsUnited States Stock MarketContracts on the Dow Jones and S&P 500 futures were little changed while Nasdaq 100 futures added nearly 0.2% to kick off the second half of 2023, with shares of Tesla rallying nearly 7% in premarket trading. The electric car maker beat deliveries and production estimates for Q2, as the company increased production and offered some discounts to boost sales. In the first half of the year, the Nasdaq Composite rallied 31.7%, its biggest first-half increase in four decades, led by a rally in AI-related shares and bets the Fed is done with most of its rate hikes. Meanwhile, the S&P 500 gained 15.9% and the Dow Jones added 3.8%. Wall Street will close early today and will be closed tomorrow for the Independence day holiday. 14 days ago"
Dollar Pressured by Soft Inflation Data,Currency,"Dollar Pressured by Soft Inflation DataUnited States CurrencyThe dollar index held just below 103 on Monday after losing 0.4% in the previous session, weighed down by data showing US inflation slowed in May, suggesting the Federal Reserve’s aggressive tightening campaign is having its desired outcome. US consumer spending also decelerated sharply last month. Still, Fed Chair Jerome Powell indicated last week that further rate increases are likely ahead as it will take time to bring inflation back down to the 2% target. Markets are priced for an 84% chance that the central bank will hike rates by 25 basis points in its July meeting. Investors now look ahead to US manufacturing activity data on Monday to guide the economic and monetary policy outlook, as well as the key monthly jobs report on Friday.14 days ago"
US Michigan Consumer Sentiment Revised Higher,Consumer Confidence,"US Michigan Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised higher to 64.4 in June of 2023, the highest in four months, from a preliminary of 63.9. Improvements were also seen in both current economic conditions (69 vs 68) and consumer expectations (61.5 vs 61.3).  ""Overall, this striking upswing reflects a recovery in attitudes generated by the early-month resolution of the debt ceiling crisis, along with more positive feelings over softening inflation. Views of their own personal financial situation were unchanged, however, as persistent high prices and expenses continued to weigh on consumers"", Surveys of Consumers Director Joanne Hsu said. Meanwhile, year-ahead inflation expectations receded for the second consecutive month to 3.3%, the lowest since March 2021, and in line with the preliminary estimate. Long-run inflation expectations were little changed from May at 3%, also matching the initial reading.17 days ago"
Chicago PMI Disappoints,Chicago PMI,"Chicago PMI DisappointsUnited States Chicago PMIThe Chicago Business Barometer, also known as the Chicago PMI, increased to 41.5 in June of 2023 from 40.4 points in May 2023, but well below market forecasts of 44. The reading marked the tenth consecutive month of contraction in business activity in the Chicago region.17 days ago"
Dollar Falls Slightly as PCE Inflation Slows,Currency,"Dollar Falls Slightly as PCE Inflation SlowsUnited States CurrencyThe dollar index was slightly lower around 103 on Friday, as investors digest slowing PCE inflation. The Fed's preferred inflation gauge rose 0.3% mom, in line with forecasts and below 0.4% in April. Also, the annual core rate slowed to 4.6% and the headline PCE rate reached the lowest in nearly two years. Early in the week, Chair Powell pledged that interest rates will rise again this year, and data including an upwardly revised GDP growth for Q1 pointed to a robust economy. Most traders still bet the Fed will deliver a 25bps increase in the fed funds rate in July, although the chances fell slightly to 87% from 89% before the PCE release. Also, the odds for another quarter-point hike in September eased to 21% from 25%. The dollar index gained nearly 0.5% on the second quarter.17 days ago"
US 10Y Bond Yield Down from Over 3-Month High as PCE Inflation Cools,Government Bond 10Y,"US 10Y Bond Yield Down from Over 3-Month High as PCE Inflation CoolsUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell back below 3.85% on Friday, down from an over three-month high of 3.892 touched earlier in the session, after data showing a slowdown in PCE inflation offered fresh evidence of easing price pressures due to the Federal Reserve's aggressive policy tightening. The PCE price inflation cooled to 3.8% in May, the lowest since April 2021, while the core index edged down to 4.6%, still pointing to high cost pressures. At the same time, personal spending growth eased to a meager 0.1%. This data followed a batch of economic releases released earlier this week pointing to a robust economic performance and a solid labor market, which strengthened bets that the Fed will continue to raise interest rates. Chair Powell recently reinforced that interest rates will rise again this year, signaling the possibility of at least two more rate hikes.17 days ago"
US PCE Prices Rise at a Slower 0.1%,PCE Price Index Monthly Change,"US PCE Prices Rise at a Slower 0.1%United States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States rose 0.1% month-over-month in May of 2023, below 0.4% in April. Prices for services increased 0.3% while goods cost went down 0.1%. Food prices increased 0.1% and energy sank 3.9%. Excluding food and energy, the PCE price index increased 0.3%. Year-on-year, PCE prices increased 3.8%, the lowest reading since April of 2021, compared to a downwardly revised 4.3% advance in April and the core rate which is the Federal Reserve’s preferred gauge to measure inflation, increased 4.6%, compared to market expectations of 4.7%.17 days ago"
US Personal Income Slightly Beats Forecasts,Personal Income,"US Personal Income Slightly Beats ForecastsUnited States Personal IncomePersonal income in the United States rose by 0.4% over a month in May of 2023, compared to a downwardly revised 0.3% rise in April, while analysts had expected it to rise 0.3%. The growth was driven by a 0.5% increase in compensation, namely private wages and salaries (+0.5%) and personal current transfer receipts (+0.3%), of which Medicaid payments. Personal income receipts on assets also went up (+0.3%), led by personal interest income (+0.5%).
17 days ago"
US Core PCE Prices Edge Higher as Expected,Core PCE Price Index MoM,"US Core PCE Prices Edge Higher as ExpectedUnited States Core PCE Price Index MoMThe index measuring core personal consumption expenditure prices in the US, which excludes food and energy, matched market expectations and rose by 0.3% in May, easing from the 0.4% increase in the previous month. The yearly change, which is the Federal Reserve’s key gauge for inflation in the US economy, rose by 4.6%, edging lower from 4.7% in April. When including food and energy costs, the PCE price index edged 0.1% higher from the previous month and 3.8% higher from the corresponding period of the previous year, the smallest annual increase since April 2021.17 days ago"
US PCE Inflation Slows in May,PCE Price Index Annual Change,"US PCE Inflation Slows in May United States PCE Price Index Annual ChangeThe personal consumption expenditure price index in the United States increased 3.8% year-on-year in May 2023, the lowest reading since April of 2021, compared to a downwardly revised 4.3% advance in April. Prices for goods increased 1.1% and prices for services rose 5.3%. Food cost went up 5.8% and energy prices decreased 13.4%. Excluding food and energy, the PCE price index which is the Federal Reserve’s preferred gauge to measure inflation, increased 4.6% from one year ago, compared to market expectations of 4.7% and 4.7% in April. On a monthly basis, PCE prices rose 0.1% and the core index 0.3%. In June, the Fed projected PCE inflation for this year at 3.2% and core PCE inflation at 3.9%.17 days ago"
US 10-Year Bond Yield at Over 3-Month High,Government Bond 10Y,"US 10-Year Bond Yield at Over 3-Month HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note approached 3.9% in the last day of June, back to high levels not seen since mid-March, as strong data for the US released this week continued to point to a robust economic performance, strengthening bets the Fed will continue to raise interest rates. GDP growth was revised sharply higher to 2% compared to early estimates of 1.3%. Also, initial claims fell the most since October 2021, durable goods unexpectedly rose, the CB consumer confidence came much higher than expected and new home sales surged. This week, Chair Powell reinforced that interest rates will rise again this year, signalling two more rate hikes at least, and not excluding consecutive-meeting rate hikes. Traders are currently assigning a nearly 89% chance the Fed will raise the fed funds rate by 25bps next month and the odds for another quarter-point hike in September are rising, currently standing at nearly 25%. PCE inflation data due today will be the next big catalyst.17 days ago"
US 10Y Bond Yield Hits 16-week High,Government Bond 10Y,US 10Y Bond Yield Hits 16-week HighUnited States Government Bond 10YUS 10 Year Government Bond Yield increased to a 16-week high of 3.8681%17 days ago
Dollar Heads for Second Weekly Advance,Currency,"Dollar Heads for Second Weekly AdvanceUnited States CurrencyThe dollar index held above 103 on Friday and was set to advance for the second consecutive week amid further signs the US economy remains resilient, strengthening the case for the Federal Reserve to continue raising interest rates. US GDP growth for the first quarter was revised sharply higher to 2% from 1.3%, coming in above the 1.4% previous estimate. Initial jobless claims also unexpectedly dropped last week, while consumer confidence hit a nearly 1-1/2-year high in June. Moreover, results from Fed’s annual stress tests showed the 23 biggest banks in the US are well positioned to weather a severe recession. Markets are currently assigning a nearly 87% chance the Fed will raise the fed funds rate by 25 basis points next month and the odds for another quarter-point hike in September are rising.17 days ago"
US Futures Steady Ahead of Key Inflation Data,Stock Market,"US Futures Steady Ahead of Key Inflation DataUnited States Stock MarketUS stock futures were little changed on Friday as investors look ahead to the latest personal consumption expenditures data, the Federal Reserve’s preferred inflation gauge. Futures contracts tied to the three major averages were all trading near breakeven. In regular trading on Thursday, the Dow and S&P 500 gained 0.8% and 0.45%, respectively, as major banks rallied after passing the Fed’s annual stress test. Meanwhile, the Nasdaq Composite was flat as technology stocks ended mixed on Thursday. Investors also reacted to an upward revision in US first quarter GDP data from 1.3% to 2%, as well as an unexpected decline in initial jobless claims last week, supporting the case for further policy tightening. Friday marks a pivotal day for the market, with the three major indexes all set to end the month, the second quarter and the first half in positive territory.17 days ago"
US Mortgage Rates Rebound in End of June,30 Year Mortgage Rate,"US Mortgage Rates Rebound in End of JuneUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage increased by 4 basis points from the previous week to 6.71% as of June 29th, according to a survey of lenders by mortgage giant Freddie Mac. The result halted three consecutive weekly decreases, reapproaching the six-month high of 6.79% touched at the end of May. A year ago, the 30-year fixed mortgage rate was at 5.7%. “Mortgage rates have hovered in the six to seven percent range for over six months and, despite affordability headwinds, homebuyers have adjusted and driven new home sales to its highest level in more than a year,” said Sam Khater, Freddie Mac’s Chief Economist. “New home sales have rebounded more robustly than the resale market due to a marginally greater supply of new construction. The improved demand has led to a firming of prices, which have now increased for several months in a row.”

18 days ago"
US Natural Gas Stocks Rise Less than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise Less than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 76 billion cubic feet of gas into storage to 2,729 billion during the week ended June 23rd, 2023, slightly below expectations of an 82 billion cubic feet increase. The result marks a 490 billion cubic feet increase from the corresponding period of the previous year, and is 262 billion cubic feet above the five-year average from 2018 to 2022.18 days ago"
Coca-Cola Hits 4-week Low,stocks,Coca-Cola Hits 4-week LowUnited States stocksCoca-Cola decreased to a 4-week low of 59.7718 days ago
Apple Hits All-time High,stocks,Apple Hits All-time HighUnited States stocksApple increased to an all-time high of 189.9118 days ago
Visa Hits 5-week High,stocks,Visa Hits 5-week HighUnited States stocksVisa increased to a 5-week high of 230.4618 days ago
Walt Disney Hits 4-week Low,stocks,Walt Disney Hits 4-week LowUnited States stocksWalt Disney decreased to a 4-week low of 87.5918 days ago
Paychex earnings meet market expectations at 0.97 USD,Earnings,"Paychex earnings meet market expectations at 0.97 USDUnited States EarningsPaychex (PAYX) released earnings per share at 0.97 USD, in line with market expectations.18 days ago"
Dollar at 2-Week High,Currency,"Dollar at 2-Week HighUnited States CurrencyThe dollar index strengthened to 103.3 on Thursday, approaching high levels not seen in nearly two weeks, amid further signs the US economy remains resilient, strengthening the case for the Fed to continue to raise interest rates, in line with recent signs from Chair Powell. US GDP growth for Q1 was revised sharply higher to 2% from 1.3%, initial claims unexpectedly dropped last week and consumer confidence hit a nearly 1-1/2-year high. At the same time, results from Federal Reserve’s annual stress tests showed the 23 biggest banks are well positioned to weather a severe recession. Meanwhile, traders are currently assigning a nearly 87% chance the Fed will raise the fed funds rate by 25bps next month and the odds for another quarter-point hike in September are rising, and currently stand at nearly 23%.18 days ago"
US 10-Year Bond Yield Climbs on GDP Revision,Government Bond 10Y,"US 10-Year Bond Yield Climbs on GDP RevisionUnited States Government Bond 10YThe yield on the US 10-year Treasury note extended gains to the 3.8% level, touching the highest level since June 22, after data revealed that the US economy grew at a 2% annual pace in the first quarter, surpassing previous estimates. The latest figures were revised from an initial estimate of 1.3%, primarily due to a significant upturn in consumer spending, marking the most substantial increase in two years. The stronger-than-expected data has reinforced expectations that the Federal Reserve will continue to raise interest rates in order to tackle inflation. Fed Chair Powell recently reiterated that interest rates will continue to climb, and he did not rule out the possibility of consecutive rate hikes. However, he also mentioned that a recession in the US is not the most probable scenario. Investors are now anticipating the release of May's PCE inflation data, which is scheduled for Friday.18 days ago"
US Corporate Profits Fall the Most Since Q4 2020,Corporate Profits,"US Corporate Profits Fall the Most Since Q4 2020United States Corporate ProfitsCorporate profits in the United States declined by 5.9 percent to USD 2.329 trillion in the first quarter of 2023, slightly less than the previously estimated 6.8 percent slump, and compared with a 2.7 percent decline in the previous three-month period. This marked the sharpest decrease in corporate profits since the last quarter of 2020, a result of the unprecedented policy tightening by the Federal Reserve. Undistributed profits tumbled 17.5 percent to USD 0.678 trillion and net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, dropped 0.6 percent to USD 3.127 trillion. In addition, net dividends fell 0.1 percent to USD 1.652 trillion.18 days ago"
Dollar Firms Up on Hawkish Powell Remarks,Currency,"Dollar Firms Up on Hawkish Powell RemarksUnited States CurrencyThe dollar index rose to around 103 on Thursday, inching closer to its strongest levels in two weeks as Federal Reserve Chair Jerome Powell reaffirmed the central bank’s firm hawkish stance at the ECB Forum. Powell said he does not see inflation reaching the 2% target any time soon, noting that two more rate rises are likely this year. He added that he wouldn’t take consecutive-meeting rate hikes off the table, including a possible rate increase in July. Those comments came on the heels of strong US economic data, with consumer confidence hitting a nearly 1-1/2-year high in June, while business spending, durable goods orders and home sales held up in May. Meanwhile, the European Central Bank also signaled further policy tightening this year to combat inflation, while the Bank of Japan remained committed to ultra-easy monetary policy.18 days ago"
US Futures Rise After Mixed Session,Stock Market,"US Futures Rise After Mixed SessionUnited States Stock MarketUS stock futures rose on Thursday after the major averages ended mixed during Wednesday’s regular session, though the market is looking to finish the month with solid gains. Futures contracts tied to the three major indexes were all up at least 0.2%. In extended trading, Micron Technology jumped 3% on higher-than-expected revenue in the latest quarter, while JPMorgan and Bank of America both gained more than 1% after passing the Federal Reserve’s annual stress test. In regular trading on Wednesday, the Dow fell 0.22% and the S&P 500 shed 0.04%, while the tech-heavy Nasdaq Composite gained 0.27%. Growth stocks mostly advanced, though semiconductor names came under pressure amid reports that the US government was considering banning AI chip exports to China. Those moves came as Fed Chair Jerome Powell said at the ECB Forum that he does not see inflation reaching the 2% target any time soon, suggesting more rate hikes are on the table.18 days ago"
Verizon Hits 5-week High,stocks,Verizon Hits 5-week HighUnited States stocksVerizon increased to a 5-week high of 36.6919 days ago
US 10-Year Treasury Yield Holds Around 3.7%,Government Bond 10Y,"US 10-Year Treasury Yield Holds Around 3.7%United States Government Bond 10YThe yield on the US 10-year Treasury note hovered around 3.7% in the last week of June, as investors weigh fresh economic data pointing to a resilient economy and prospects that interest rates will continue to march higher. Fed Chair Powell reiterated at the ECB Forum on Central Banking that interest rates will rise further and that he wouldn’t take moving in consecutive meetings off the table at all, but noted that a recession in the US is not the most likely case. Market participants are currently assigning a nearly 84% chance the Fed will deliver a 25bps increase in the fed funds rate in July. The focus now shifts to fresh PCE inflation due Friday.19 days ago"
Fed Chair Powell Reiterates the Need for Further Rate Hikes,Interest Rate,"Fed Chair Powell Reiterates the Need for Further Rate Hikes United States Interest RateFed Chair Powell said at the ECB Forum on Central Banking that more restriction is coming and that interest rates will need to rise again this year, seeing two more rate hikes, at least. At the same time, Powell added that he wouldn’t take consecutive-meeting rate hikes off the table. Also, Fed Chair noted the US economy is quite resilient and a recession, although possible, is not the most likely case. The Fed left the target for the funds rate unchanged at 5%-5.25% in June but signaled rates may go to 5.6% by year-end if the economy and inflation do not slow down more. 19 days ago"
DXY Up after 3-Day Loss,Currency,"DXY Up after 3-Day LossUnited States CurrencyThe dollar index edged up to 102.8 on Wednesday following three consecutive sessions of losses, as strong US data suggested the economy remains resilient in the face of persistent inflation and higher borrowing costs, supporting the case for further Federal Reserve policy tightening. Data showed that US consumer confidence jumped to a nearly 1-1/2-year high in June, while business spending, durable goods orders and home sales held up in May. Federal Reserve Chair Jerome Powell said that further rate increases are likely ahead as inflation remains too high. Other Fed officials mirrored his statements, with San Francisco Fed Bank President Mary Daly suggesting that two more rate hikes this year is a “very reasonable” projection. 19 days ago"
Apple Hits All-time High,stocks,Apple Hits All-time HighUnited States stocksApple increased to an all-time high of 188.4319 days ago
US Wholesale Inventories Down for 3rd Month,Wholesale Inventories,"US Wholesale Inventories Down for 3rd MonthUnited States Wholesale InventoriesWholesale inventories in the US decreased 0.1% month-over-month in May 2023, following a 0.3% drop in April, preliminary estimates showed. Inventories fell for nondurables by 1%, after a 1.7% decline in the previous period, but went up by 0.5% for durables, following 0.6% increase. Compared to a year earlier, wholesale inventories rose 3.6%.19 days ago"
US Futures Point to Muted Open,Stock Market,"US Futures Point to Muted OpenUnited States Stock MarketUS stock futures were around the flatline on Wednesday, dragged down by chip stocks, after a tech rally fuelled strong gains the day before. Shares of Nvidia and Advanced Micro Devices were down nearly 3% in premarket trading after the Wall Street Journal reported that the US government is considering new restrictions on exports of artificial intelligence chips to China. Meanwhile, investors await Fed Chair Powell comments at the ECB Forum on Central Banking for any further clues about the monetary policy path. The Fed is also due to release the results of its annual stress tests to banks, but more details on Basel III Endgame and changes to bank supervision will also be in the spotlight. 19 days ago"
General Mills earnings above expectations at 1.12 USD,Earnings,"General Mills earnings above expectations at 1.12 USDUnited States EarningsGeneral Mills (GIS) released earnings per share at 1.12 USD, compared to market expectations of 1.07 USD.19 days ago"
US Mortgage Rates Rise in Latest Week: MBA,Mortgage Rate,"US Mortgage Rates Rise in Latest Week: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) in the US edged up 2bps to 6.75% in the week ended June 23rd 2023, the first increase in four weeks, data from the Mortgage Bankers Association data showed. Meanwhile, the average rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $726,200) went up to 6.91% from 6.80%. “The spread between the jumbo and conforming rates widened to 16 basis points, the third week in a row that the jumbo rate was higher than the conforming rate. To put this into perspective, from May 2022 to May 2023, the jumbo rate averaged around 30 basis points less than the conforming rate”, said Joel Kan, MBA’s vice president and deputy chief economist.19 days ago"
Dollar Steadies Amid Strong US Data,Currency,"Dollar Steadies Amid Strong US DataUnited States CurrencyThe dollar index steadied around 102.6 on Wednesday after seeing small losses in the past two sessions, as strong US data suggested the economy remains resilient in the face of persistent inflation and higher borrowing costs, supporting the case for further Federal Reserve policy tightening. Data showed that US consumer confidence jumped to a nearly 1-1/2-year high in June, while business spending, durable goods orders and home sales held up in May. Last week, Federal Reserve Chair Jerome Powell said that further rate increases are likely ahead as inflation remains too high. Other Fed officials mirrored his statements, with San Francisco Fed Bank President Mary Daly suggesting that two more rate hikes this year is a “very reasonable” projection. Investors now look ahead to Fed Chair Jerome Powell’s appearance before a policy panel in Europe on Wednesday for fresh clues on the rates path.19 days ago"
US Futures Drop on Talks of AI Chip Export Ban to China,Stock Market,"US Futures Drop on Talks of AI Chip Export Ban to ChinaUnited States Stock MarketUS stock futures dropped on Wednesday after the Wall Street Journal reported that the US government is considering new restrictions on exports of artificial intelligence chips to China. Nasdaq 100 futures fell 0.4%, S&P 500 futures lost 0.2% and Dow futures shed 0.1%, with semiconductor heavyweights Nvidia and AMD losing 3.1% and 2.4%, respectively, in after-hours trading. In regular trading on Tuesday, meanwhile, the Nasdaq Composite rallied 1.65%, the S&P 500 jumped 1.15% and the Dow gained 0.63%, with ten out of the 11 S&P sectors finishing higher. Those moves came as strong housing and durable goods orders data suggested the US economy remains resilient in the face of persistent inflation and high interest rates. Investors now look ahead to Federal Reserve Chair Jerome Powell’s appearance before a policy panel in Europe on Wednesday for fresh clues on the rates path.19 days ago"
US Crude Oil Inventories Fall More than Estimates: API,API Crude Oil Stock Change,"US Crude Oil Inventories Fall More than Estimates: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US declined by 2.408 million barrels in the week ended June 23rd, 2023, after a 1.246 million barrels drop in the previous week, data from the API's Weekly Statistical Bulletin showed. It was the biggest weekly fall since the third week of May 2023, compared with market expectations of a 1.467 million barrels decrease.
19 days ago"
Apple Hits All-time High,stocks,Apple Hits All-time HighUnited States stocksApple increased to an all-time high of 188.0620 days ago
Texas Service Sector Outlook Improves in June,Dallas Fed Services Index,"Texas Service Sector Outlook Improves in JuneUnited States Dallas Fed Services IndexThe Dallas Fed general business activity index for Texas' service sector rose to -8.2 in June 2023 from -17.3 in the previous month, suggesting that perceptions of broader business conditions were at their least negative level since last September. The company outlook index has also increased to -1.4, with the near-zero figure indicating company outlooks were no longer worsening and held mostly steady in June. By contrast, the revenue index, a key measure of state service sector conditions, fell to 3.6 from 6.9 in May, suggesting activity grew at a slower rate than the previous month. Additionally, labor market indicators pointed to faster employment growth and flat workweeks. The employment index increased five points to 9.2, the highest value since January, and the part-time employment index rose three points to 2.2. The hours worked index was mostly unchanged at -0.9. Finally, input price and wage pressures increased modestly in June, while selling price pressures were flat.20 days ago"
US 10-Year Treasury Yield Hovers at 3.7%,Government Bond 10Y,"US 10-Year Treasury Yield Hovers at 3.7%United States Government Bond 10YThe yield on the US 10-year Treasury note hovered around 3.7% in the last week of June, as investors weigh fresh economic data pointing to a resilient economy and prospects that interest rates will continue to march higher. Durable goods orders beat forecasts for a third consecutive month, new homes sales surged to the highest level in over a year and the CB consumer confidence hit the highest level since early 2022. Last week, Fed Chair Powell reiterated to the Congress that interest rates would need to go higher and signalled two more rate hikes. Investors await further hints on the future rate path and will closely monitor appearances from several Fed officials, including Chair Powel, further economic data and the Bank Stress Test results. Market participants are currently assigning a nearly 77% chance the Fed will deliver a 25bps increase in the fed funds rate in July.20 days ago"
Fifth District Manufacturing Contracts Less than Expected,Richmond Fed Manufacturing Index,"Fifth District Manufacturing Contracts Less than ExpectedUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the Richmond area rose by 8 points from the previous month to -7 in June of 2023, beating market expectations of -10 but recording the sixth consecutive result in the negative territory. The downturn slowed considerably for shipments (-5 vs -13 in May) and in the volume of new orders (-15 vs -13), raising hopes that manufacturing activity could stabilize in the near future. In turn, the improved order book health took off pressure from cleared backlogs of orders (-25 vs -32), allowing firms to increase capital expenditures (6 vs -12). On the other hand, employment levels edged lower (2 vs 5), in line with a softening labor market throughout the country. Also, price trends continued to moderate for costs paid and prices charged.20 days ago"
US 5th District Service Sector Activity Improved Modestly in June,Richmond Fed Services Index,"US 5th District Service Sector Activity Improved Modestly in JuneUnited States Richmond Fed Services IndexThe Fifth District Service Sector Activity Revenues index increased to -3 in June 2023 from -10 in May and compared with market expectations of 7. At the same time, the demand index went up to 6 in June from -5, signaling a modest improvement in activity. Expectations for future revenue and demand also improved, with both indexes increasing to 11. All three spending expectations indexes were positive, suggesting that many firms expect to increase spending over the next six months. The employment index rose slightly to 4 in and firms continued to report wage increases, while the availability of skills index increased to 7. The average growth in prices paid increased moderately, while the growth rate of prices received decreased slightly.20 days ago"
US House Prices Rise More than Expected: FHFA,House Price Index MoM,"US House Prices Rise More than Expected: FHFAUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose by 0.7% compared to the previous month in April 2023, well above a market expectations of a 0.3% increase. For the nine census divisions, monthly price changes ranged from +0.1 percent in the Pacific division to +2.4 percent in the New England division. Year-on-year, house prices advanced 3.1 percent, the lowest since July 2012 and in line with forecasts. The 12-month changes ranged from -3.8 percent in the Pacific division to +6.1 percent in the East South Central division. “U.S. house prices generally increased moderately in April,” said Dr. Nataliya Polkovnichenko, Supervisory Economist in FHFA’s Division of Research and Statistics. “However, on a year-over-year basis, house prices in some regions of the country continued to decline.” 20 days ago"
US House Prices Fall the Most in 11 Years,Case Shiller Home Price Index YoY,"US House Prices Fall the Most in 11 YearsUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US fell 1.7% yoy in April 2023, the biggest decline since April 2012, and compared to forecasts of a 2.6% drop. Seattle (-12.4%) and San Francisco (-11.1%) booked the biggest decreases while Miami (5.2%), Chicago (4.1%), Atlanta (3.5%) and Charlotte (3.4%) reported the gains. The Southeast (3.6%) continues as the strongest region, while the West (-6.9%) remains the weakest. Compared to the previous month, housing prices were up 1.7%, a sign the housing market continued to strengthen in April. “If I were trying to make a case that the decline in home prices that began in June 2022 had definitively ended in January 2023, April’s data would bolster my argument. Whether we see further support for that view in coming months will depend on the how well the market navigates the challenges posed by current mortgage rates and the continuing possibility of economic weakness”, says Craig J. Lazzara, Managing Director at S&P DJI.20 days ago"
US Building Permits Revised Slightly Higher,Building Permits,"US Building Permits Revised Slightly HigherUnited States Building PermitsBuilding permits in the United States increased by 5.6 percent to a seasonally adjusted annual rate of 1.496 million in May 2023, following two consecutive months of decline, revised data showed. Permits reached the highest level since October 2022; however, they remained 12.4 percent below the level recorded in May of the previous year, amid indications that housing activity remained subdued due to the unprecedented rise in interest rates and persistent high inflation. Approvals for the volatile multi-segment rose 5.9 percent to a rate of 594 thousand and single-family authorizations increased 5.4 percent to a 10-month high of 902 thousand. Permits were up in the South (2.4 percent to 822 thousand), West (5.1 percent to 350 thousand), Midwest (7.5 percent to 187 thousand) and Northeast (28.0 percent to 137 thousand).20 days ago"
Dollar Eases as Fed Outlook Mulled,Currency,"Dollar Eases as Fed Outlook MulledUnited States CurrencyThe dollar index eased slightly to around 102.6 on Tuesday, falling for the second straight session as traders continued to assess the economic and monetary policy outlook. Last week, Federal Reserve Chair Jerome Powell said that further rate increases are likely ahead as inflation remains too high. Other Fed officials mirrored his statements, with San Francisco Fed Bank President Mary Daly suggesting that two more rate hikes this year is a “very reasonable” projection. Meanwhile, data released on Friday showed that US private sector activity slowed to a three-month low in June amid a deepening contraction in the manufacturing sector. The dollar also faced pressure from aggressive monetary tightening from other major central banks, with the European Central Bank and the Bank of England raising interest rates further in June.20 days ago"
Home Depot Hits 17-week High,stocks,Home Depot Hits 17-week HighUnited States stocksHome Depot increased to a 17-week high of 306.0521 days ago
Pfizer Hits 26-month Low,stocks,Pfizer Hits 26-month LowUnited States stocksPfizer decreased to a 26-month low of 36.1721 days ago
Goldman Sachs Hits 13-week Low,stocks,Goldman Sachs Hits 13-week LowUnited States stocksGoldman Sachs decreased to a 13-week low of 314.0221 days ago
Apple Hits All-time High,stocks,Apple Hits All-time HighUnited States stocksApple increased to an all-time high of 187.5821 days ago
US 10-Year Treasury Yield Around 3.7%,Government Bond 10Y,"US 10-Year Treasury Yield Around 3.7%United States Government Bond 10YThe yield on the US 10-year Treasury note was trading around 3.7% in the last week of June, as concerns that higher interest rates could cause a recession linger. Last week, Fed Chair Powell reiterated to the Congress that interest rates would need to go higher and signalled two more rate hikes. Appearances from several Fed officials, including Chair Powel, fresh economic data and the Bank Stress Test results will be in the spotlight this week for further clues on the monetary path and the US economic performance. 
21 days ago"
Dollar Eases as Traders Mull Outlook,Currency,"Dollar Eases as Traders Mull OutlookUnited States CurrencyThe dollar index eased slightly to around 102.7 on Monday as traders continued to assess the economic and monetary policy outlook globally, while keeping an eye on Europe where Russia saw a brief rebellion by a paramilitary group over the weekend. Data also showed that US private sector activity slowed to a three-month low in June amid a deepening contraction in the manufacturing sector. Meanwhile, the index gained about half a percent last week, snapping a three-week decline as aggressive monetary tightening and hawkish messaging by major central banks stoked fears of a global economic slowdown, driving safe-haven demand for the dollar. Fed Chair Jerome Powell said last week that further rate increases are likely ahead as inflation remains too high, while central banks in Europe hiked rates by a larger-than-expected margin.21 days ago"
Merck & Co Hits 4-week High,stocks,Merck & Co Hits 4-week HighUnited States stocksMerck & Co increased to a 4-week high of 114.4924 days ago
Apple Hits All-time High,stocks,Apple Hits All-time HighUnited States stocksApple increased to an all-time high of 187.124 days ago
Global Bond Yields Sink Further,Government Bond 10Y,"Global Bond Yields Sink FurtherUnited States Government Bond 10YGlobal bond yields declined sharply on Friday, with that on the 10-year US Treasury note dropping to the 3.7% level as concerns that higher interest rates could cause a recession outweighed the opportunity cost of government bonds. The developments took place after Federal Reserve Chair Powell emphasized that FOMC members believe that the funds rate must continue to increase to bring inflation down, despite recent data underscoring the negative impact of a tighter monetary setting. The latest PMI figures showed that the US manufacturing sector contracted faster than expected in June, while services growth slowed. In the meantime, initial jobless claims have persistently surpassed market forecasts and stand at 2021 highs. Elsewhere, German's 10-year Bund yield, the benchmark for Europe, fell to 2.3%, the yield on the UK 10-year Gilt went down to 2.7%, and that on Canadian 10-year bonds sank to 3.3%. 24 days ago"
US Service Sector Remains Strong,Services PMI,"US Service Sector Remains StrongUnited States Services PMIThe S&P Global US Services PMI edged down to 54.1 in June 2023 from 54.9 in May and compared with market expectations of 54, preliminary estimates showed. Demand conditions at service providers remained robust, as new orders increased at a strong rate and new export orders also rose. Meanwhile, the rate of job creation eased to the weakest since January amid challenges replacing voluntary leavers. On the price front, input cost inflation was the steepest for five months, as companies stated that greater wage bills in particular placed further pressure on business expenses. Conversely, companies sought to remain competitive and drive sales which led to a slower uptick in output charges during June. Finally, firms were upbeat in their expectations for output over the coming year, with the level of optimism the highest since May 2022.24 days ago"
US Factory Sector Shrinks the Most in Six Months,Manufacturing PMI,"US Factory Sector Shrinks the Most in Six MonthsUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI fell to 46.3 in June 2023, pointing to the biggest contraction in the manufacturing sector since December, compared to 48.4 in May and forecasts of 48.5, preliminary estimates showed. New orders fell the most since December, with weak demand linked to muted customer confidence while foreign demand was also subdued. Also, input buying fell at the steepest rate since January, and both pre- and post-production inventories declined sharply. On the price front, cost pressures continued to dwindle, as suppliers sought to boost their sales and offer reduced prices. Input prices fell the most since May 2020 and selling price inflation was the slowest in the current sequence of inflation. Meanwhile, greater success in finding suitable candidates allowed firms to expand their workforce numbers. Finally, the degree of optimism was the weakest in 2023 so far, amid customer hesitancy and inflationary concerns.24 days ago"
"DXY Strengthens, Set for Weekly Gain",Currency,"DXY Strengthens, Set for Weekly GainUnited States CurrencyThe DXY surpassed 102.9 on Friday, on track for a weekly gain of 0.5% following three consecutive weeks of losses as investors turned cautious and sought the safety of the dollar amid global economic uncertainties and concerns about inflation. Expectations of further rate hikes by central banks, including the Federal Reserve, have fueled market sentiment, while the relative strength of the US economy compared to other currencies supported the dollar. The latest data showed that Eurozone business output growth came close to stalling in June, leading to a 0.6% depreciation of the euro against the UDS dollar. Despite the Bank of England's unexpected 50 bps rate hike this week, the pound weakened, as concerns lingered regarding its potential impact on the economy, including the risk of a recession. The currencies of CHF, CAD, BRL, and MXN also weakened. Meanwhile, the yen hovered near a more than 7-month low as the central bank maintains its ultra-loose monetary policy.24 days ago"
US Stocks Set to End the Week Lower,Stock Market,"US Stocks Set to End the Week LowerUnited States Stock MarketUS stock futures were lower on Friday, with contracts on the Dow Jones falling nearly 0.3%, the S&P 500 declining 0.4% and the Nasdaq 100 losing 0.5%, amid mounting concerns about the effects of tight monetary policy on the economies. During a Congressional hearing this week, Fed Chair Powell reiterated that interest rates will continue to rise this year, and he stated that two more rate hikes would be ""a pretty good guess."" Traders are currently assigning a nearly 74% chance the Fed will raise rates by 25bps next month. Meanwhile, the S&P Global PMIs for the US due later in the day will provide further clues on the economic performance in June. On Friday, data for Europe released earlier came in well below forecasts. The three benchmark stock indexes are on track to end the week lower. The blue-chip index is down 1% so far while the S&P 500 fell 0.6% and the Nasdaq declined 0.4%, after the latter two had their best performance since March last week. 24 days ago"
Bond Yields Fall on Recession Concerns,Government Bond 10Y,"Bond Yields Fall on Recession ConcernsUnited States Government Bond 10YGlobal bond yields were lower on Friday, with the 10-year US Treasury note yield, seen as a proxy for borrowing costs worldwide, retreating to 3.74%, amid concerns that high interest rates could hurt the economies even more. Fresh PMIs for Europe showed private sector activity in both the Euro Area and Germany nearly stalled while it actually shrank in France. At the same time, major central banks have been reinforcing the need to push borrowing costs even higher to tame persistent inflation. During the testimony to Congress, Fed Chair Powell reinforced last week's message that interest rates will need to rise further this year to fight high inflation. Powell also said two more rate hikes this year was “a pretty good guess”. Yesterday, central banks in the UK and Norway hiked rates by a bigger-than-expected 50bps. Elsewhere, German's 10-year Bund yield, the benchmark for Europe, fell to 2.36%, the yield on the UK 10-year gilt went down to 2.78% and the Canadian one to 3.38%.24 days ago"
Dollar Firms Up on Risk-Off Sentiment,Currency,"Dollar Firms Up on Risk-Off SentimentUnited States CurrencyThe dollar index rose above 102.5 on Friday, extending gains from the previous session as aggressive monetary tightening and hawkish messaging from major central banks hurt the global economic outlook, prompting investors to rush for safer assets like the dollar. Federal Reserve Chair Jerome Powell said in his testimony to Congress that further interest rate rises are likely ahead if the economy maintains its current trajectory. Meanwhile, the Bank of England delivered a larger-than-expected 50 basis point rate hike on Thursday, stoking fears of an economic slowdown in the UK. The Norges Bank and the Swiss National Bank also raised rates by 50 bps and 25 bps on Thursday, respectively, while signaling further tightening. On the macro front, weekly claims in the US remained at a 20-month high last week, an early signal of a potential softening in the labor market.24 days ago"
US Futures Decline After Mixed Session,Stock Market,"US Futures Decline After Mixed SessionUnited States Stock MarketUS stock futures declined on Friday after the major averages ended mixed during Thursday’s regular session, as investors continued to assess the economic and monetary policy outlook. Futures contracts tied to the three major indexes were all down about 0.4%. In regular trading on Thursday, the Dow inched down 0.01%, while the S&P 500 and Nasdaq Composite gained 0.37% and 0.95%, respectively. Technology and other growth stocks outperformed the market, with strong gains from mega-cap names such as Tesla (2%), Amazon (4.3%) and Apple (1.7%). Meanwhile, real estate, energy and financial stocks mostly declined. In a testimony before Congress, Federal Reserve Chair Jerome Powell emphasized that FOMC members are currently in a broad consensus that interest rates must continue to rise. Other monetary authorities also remained hawkish, with the Bank of England, Norges Bank and Swiss National Bank raising interest rates further.24 days ago"
Apple Hits All-time High,stocks,Apple Hits All-time HighUnited States stocksApple increased to an all-time high of 18724 days ago
US Mortgage Rates Fall for 3rd Week,30 Year Mortgage Rate,"US Mortgage Rates Fall for 3rd WeekUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage decreased by 2 basis points from the previous week to 6.67% as of June 22nd, according to a survey of lenders by mortgage giant Freddie Mac. It was the third consecutive decrease since rates hit a 6-month high of 6.79% at the end of May. A year ago, the 30-year fixed rate was 5.81%. “Mortgage rates slid down again this week but remain elevated compared to this time last year,” said Sam Khater, Freddie Mac’s Chief Economist. “Potential homebuyers have been watching rates closely and are waiting to come off the sidelines. However, inventory challenges persist as the number of existing homes for sale remains very low. Though, a recent rebound in single-family housing starts is an encouraging development that will hopefully extend through the summer.”25 days ago"
DXY Strengthens Above 102,Currency,"DXY Strengthens Above 102United States CurrencyThe dollar index strengthened above 102 on Thursday, as investors assessed the future trajectory of interest rates and digested comments from Federal Reserve Chairman Jerome Powell. Powell's comments indicated that further rate increases were highly probable if the economy maintained its current trajectory. In the most recent policy meeting, the Federal Reserve opted to keep interest rates unchanged, but signaled expectations for two 25 basis point hikes later in the year. This marked the first pause in the central bank's extended campaign of rate hikes, aimed at addressing inflationary pressures and tempering economic growth. On the macro front, weekly claims remained at a 20-month high last week, an early signal of a potential softening in the labor market. Elsewhere, the central banks of the UK, Switzerland, Norway, and Turkey all raised interest rates.25 days ago"
US Treasury Yields Continue to Rise,Government Bond 10Y,"US Treasury Yields Continue to RiseUnited States Government Bond 10YThe yield on the US 10-year Treasury note was trading around 3.8%, the highest in 3 months while the 2-year yield hit inched toward 4.8%, approaching the 15-year high of 5% hit in early March as investors are expecting the interest rates to rise further and remain elevated for longer. During the testimony to Congress, Fed Chair Powell reinforced last week's message that interest rates will need to rise further this year to fight high inflation. Powell also said two more rate hikes this year was “a pretty good guess”. Meanwhile, data showed initial jobless claims came only slightly higher than forecasts while continuing claims actually surprised on the downside. Also, the housing sector seems to be stabilizing, with existing home sales, building permits, housing starts, and the NAHB Housing Market Index topping expectations. Elsewhere, central banks in the UK and Norway hiked rates by 50bps, more than expected. 25 days ago"
US Crude Inventories Unexpectedly Fall: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Fall: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 3.831 million barrels in the week ending June 16, 2023, compared with market expectations of a 0.329 million build, data from the EIA Petroleum Status Report showed. Also, crude stocks at the Cushing, Oklahoma delivery hub went down by 98 thousand barrels, following a 1.554 million increase in the previous period. Meanwhile, distillate stockpiles, which include diesel and heating oil, rose by 0.433 million barrels, less than the consensus for a 0.705 million rise and gasoline inventories went up by 0.479 million, more than forecasts of a 0.113 million injection.25 days ago"
Kansas Fed Manufacturing Index Decline in June,Kansas Fed Manufacturing Index,"Kansas Fed Manufacturing Index Decline in JuneUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production index fell to -10 in June of 2023 from -2 in the previous month, marking the third consecutive month in the negative territory. The result backed recent data pointing to a slowdown in the US economy, reflecting the impact of higher interest rates as production declined for durable and non-durable goods, notably for primary metals and print manufacturing. The number of employees (-12 vs 7 in May) fell to its lowest in three years, while deterioration was also noted for the volume of shipments (-2 vs -1), inventories of finished goods (-10 vs 1) and inventories of input materials (-12 vs 7). Year-over-year indices were also sharply lower for the period, and the survey reflected pessimism for the next six months for the first time since April 2020.25 days ago"
Amazon Hits 40-week High,stocks,Amazon Hits 40-week HighUnited States stocksAmazon increased to a 40-week high of 128.4225 days ago
Chicago Fed National Activity Index Falls in May,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Falls in MayUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index decreased to -0.15 in May 2023 from an upwardly revised 0.14 in April. Production-related indicators contributed -0.09, down from 0.18 in April; employment-related indicators contributed -0.03, after 0.07; and the sales, orders and inventories category -0.05 compared with - 0.10 in April. Also, the personal consumption and housing category contributed 0.02 compared with -0.01 in the previous month. Meanwhile, the three-month moving average went up to -0.14 in May from -0.20 and the CFNAI Diffusion Index, which is also a three-month moving average, moved up to -0.09 from -0.14.25 days ago"
US Current Account Gap Wider than Expected in Q1,Current Account,"US Current Account Gap Wider than Expected in Q1United States Current AccountThe US recorded a current account gap of $219.3 billion in Q1 2023, higher than an upwardly revised $216.2 billion in Q4 2022 and forecasts of a $217.5 billion deficit. It is equivalent to 3.3% of the current-dollar GDP. The secondary income gap increased to $49.6 billion from $40.7 billion, as receipts fell due to general government transfers, mainly fines and penalties while payments rose, reflecting an increase in private transfers, mainly insurance-related transfers. The primary income surplus narrowed ($31.3 billion vs $38.1 billion), with payments rising more than receipts, mainly interest on loans and deposits due to higher short-term interest rates. On the other hand, the goods and services gap decreased to $201 billion from $213.5 billion, due to a rise in exports of medicinal, dental, and pharmaceutical products, and goods transferred through the Presidential Drawdown Authority. Imports were down mainly petroleum and products and chemicals.25 days ago"
US Futures Point to Lower Open,Stock Market,"US Futures Point to Lower Open United States Stock MarketStock futures in the US were lower on Thursday, pointing to a fourth consecutive day of losses, with contracts on the three major averages falling nearly 0.3% each. Traders digest hawkish messages from central banks while the AI-rally seems to be fading for now. Fed Chair Powell will appear before Congress for a second day today. Yesterday, Powell reiterated that more rate hikes are likely ahead to combat inflation. In Europe, central banks in the UK, Switzerland and Norway raised borrowing costs today. On the corporate front, shares of Tesla were down nearly 3% in premarket trading after a Morgan Stanley analyst downgraded its stock. Boeing also fell about 3% and Spirit AeroSystems almost 9% after workers from the largest first-tier aerostructures manufacturer went on strike and the firm will halt production. Shares of Nvidia were also down nearly 1.1%.25 days ago"
Dollar Holds Decline After Powell Remarks,Currency,"Dollar Holds Decline After Powell RemarksUnited States CurrencyThe dollar index traded around 102 on Thursday, holding losses from the previous session and hovering near its lowest levels in six weeks as Federal Reserve Chair Jerome Powell’s remarks before Congress offered little surprise to the market. Powell said further rate increases are likely ahead as inflation “remains well above” the Fed’s 2% target despite signs that price pressures have been cooling. He added that the timing of rate moves will be decided at each meeting and it makes sense to move rates at a more moderate pace. Analysts argued that a lot of hawkishness from Powell was already priced in, with markets betting the central bank would raise rates again by 25 basis point in July and stop hiking after that. Investors now look ahead to more comments from Powell as he appears before the Senate Banking Committee on Thursday.25 days ago"
US Futures Pressured After Powell-Induced Rout,Stock Market,"US Futures Pressured After Powell-Induced RoutUnited States Stock MarketUS stock futures edged lower on Thursday after the market suffered heavy losses following Federal Reserve Chair Jerome Powell’s testimony before Congress. Futures contracts tied to the three major indexes were all down at least 0.2%. In regular trading on Wednesday, the Dow fell 0.3%, the S&P 500 dropped 0.52% and the Nasdaq Composite tumbled 1.21%, marking the third straight day of decline in all three benchmarks. Technology and other growth stocks led the market to the downside, while energy, utilities and industrials outperformed. Notable losses were seen from mega-cap tech names such as Tesla (-5.5%), Nvidia (-1.7%), Microsoft (-1.3%), Meta Platforms (-1%) and Alphabet (-2.1%). Powell said more rate hikes are likely ahead to combat inflation, pushing back against bets the central bank was close to the end of its tightening cycle. He will speak again on Thursday before the Senate Banking Committee, while investors also await weekly jobless claims data.25 days ago"
US Crude Oil Inventories Drop More than Expected: API,API Crude Oil Stock Change,"US Crude Oil Inventories Drop More than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US fell by 1.246 million barrels in the week ended June 16th, 2023, after a 1.024 million barrels increase in the previous week and well below market expectations of a 0.433 million barrel decline, data from the API's Weekly Statistical Bulletin showed.
25 days ago"
DXY Little Changed,Currency,"DXY Little ChangedUnited States CurrencyThe dollar index was little changed below 102.5 on Wednesday, following four consecutive sessions of gains as investors are increasingly confident that the Federal Reserve will raise interest rates further this year, following a temporary pause in June. Fed Chair Powell emphasized that the process of achieving the target inflation rate of 2% still has a long way to go, indicating that it may be appropriate to raise interest rates to some extent by the end of the year. While the Fed temporarily halted its aggressive tightening campaign last week, it hinted at the possibility of further policy tightening in the coming months. In its latest report to Congress, the central bank highlighted that inflation in key sectors of the US services industry remains elevated and has not shown signs of easing.26 days ago"
US Treasury Yields Higher as Interest Rates Set to Rise Further,Government Bond 10Y,"US Treasury Yields Higher as Interest Rates Set to Rise FurtherUnited States Government Bond 10YThe yield on the US 10-year Treasury note edged higher to 3.76% after remarks from Fed Chair to the Congress reinforced last week message that the Fed will raise rates further this year to fight high inflation. The Federal Reserve kept the fed funds rate steady as expected in June, but signalled further hikes would be necessary. Around 79% of market participants expect the Fed to raise rates by 25bps next month. Two-year Treasury yields considered most sensitive to interest rates rose to 4.7%.26 days ago"
"Mortgage Applications Edge Up, Interest Rates Fall: MBA",Mortgage Applications,"Mortgage Applications Edge Up, Interest Rates Fall: MBAUnited States Mortgage ApplicationsMortgage applications in the US edged 0.5% higher in the week ended June 16th, 2023, following a 7.2% jump in the previous week which was the biggest in nearly three months, data from the Mortgage Bankers Association data showed. Applications to buy a home were up 1.5% while those to refinance a home loan declined 2.1%. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) fell again by 4bps to 6.73%, the third straight week of decreases.26 days ago"
Dollar Stabilizes on Strong Housing Data,Currency,"Dollar Stabilizes on Strong Housing DataUnited States CurrencyThe dollar index stabilized around 102.5 on Wednesday, holding its recent advance amid surprisingly strong US housing data, while investors look ahead to Federal Reserve Chair Jerome Powell’s testimony before Congress later in the global day. Data showed that housing starts in the US surged 21.7% in May despite forecasts for little change. Investors now await comments from Fed officials this week for clues on the rate path, with markets betting that the central bank would lift rates again by 25 basis points in July and halt afterwards. Last week, the Fed decided to pause its aggressive tightening campaign, but hinted at further policy tightening this year. The central bank said in its latest report to Congress that inflation in key parts of the US services industry “remains elevated and has not shown signs of easing.”26 days ago"
US Futures Flat After Lackluster Session,Stock Market,"US Futures Flat After Lackluster SessionUnited States Stock MarketUS stock futures were little changed on Wednesday after the major averages declined during Tuesday’s regular session, as the market took a breather from last week’s rally. Futures contracts tied to the three major indexes were all trading near breakeven. In extended trading , FedEx tumbled 3% on weaker-than-expected revenue for the most recent quarter. In regular trading on Tuesday, the Dow fell 0.72%, the S&P 500 lost 0.47% and the Nasdaq Composite shed 0.16%. Ten out of the 11 S&P sectors finished lower, led to the downside by energy, materials and utilities. Those losses came as investors cautiously awaited comments from Federal Reserve officials this week, especially Fed Chair Jerome Powell’s semiannual report to Congress for further clues on the central bank's next steps. Meanwhile, housing starts and building permits topped forecasts, with the former unexpectedly surging the most since 2016 in May.26 days ago"
McDonalds Hits 5-week High,stocks,McDonalds Hits 5-week HighUnited States stocksMcDonalds increased to a 5-week high of 296.7527 days ago
P&G Hits 4-week High,stocks,P&G Hits 4-week HighUnited States stocksP&G increased to a 4-week high of 150.127 days ago
US Building Permits Rise to 7-Month High,Building Permits,"US Building Permits Rise to 7-Month HighUnited States Building PermitsBuilding permits in the United States increased by 5.2 percent to a seasonally adjusted annual rate of 1.491 million in May 2023, following two consecutive months of decline and surpassing market expectations of 1.42 million, according to a preliminary estimate. Permits reached the highest level since October 2022; however, they remained 12.7 percent below the level recorded in May of the previous year, amid indications that housing activity remained subdued due to the unprecedented rise in interest rates and persistent high inflation. Approvals for the volatile multi-segment rose 5.9 percent to a rate of 594 thousand and single-family authorizations increased 4.8 percent to a 10-month high of 897 thousand. Permits were up in the South (1.5 percent to 815 thousand), West (6.0 percent to 353 thousand), Midwest (7.5 percent to 187 thousand) and Northeast (27.1 percent to 136 thousand).27 days ago"
US 10-Year Treasury Yields Below 3.8%,Government Bond 10Y,"US 10-Year Treasury Yields Below 3.8%United States Government Bond 10YThe yield on the US 10-year Treasury note fell 11bps to 3.7% to kick off a holiday-shortened week, the lowest in two weeks, after touching 3.85% on June 14th after the Federal Reserve kept the fed funds rate steady as expected, but signalled further hikes would be necessary. Traders remain focused on the monetary policy outlook and eagerly await comments from several Fed officials this week, specially Chair Powell semiannual report to Congress for further clues on the central bank's next steps. Around 72% of market participants expect the Fed to raise rates by 25bps next month.27 days ago"
Dollar Steadies as Fed Outlook Mulled,Currency,"Dollar Steadies as Fed Outlook MulledUnited States CurrencyThe dollar index steadied above 102 on Tuesday as investors continued to assess the outlook for US monetary policy ahead of appearances from several Federal Reserve officials this week. Last week, the index tumbled 1.2% after the Fed kept interest rates unchanged, pausing its aggressive tightening campaign when other major lenders were still raising borrowing costs. However, the body hinted at further policy tightening this year, saying in its latest report to Congress that inflation in key parts of the US services industry “remains elevated and has not shown signs of easing.” Markets now expect the Fed to lift rates again by 25 basis points in July and halt afterwards. Meanwhile, the European Central Bank delivered another 25 basis point rate hike on Thursday and signaled more increases. The Bank of England is set to raise rates again this week.28 days ago"
"US Stocks End Lower, Mark Best Week Since March",Stock Market,"US Stocks End Lower, Mark Best Week Since MarchUnited States Stock MarketThe Dow finished more than 100 points below the flatline on Friday, the S&P 500 and the Nasdaq lost nearly 0.4% and 0.7%, respectively, as investors continued to assess the outlook of monetary policy for the Fed amid a massive options expiration at the second 2023’s quadruple witching date. Among stocks, Microsoft fell 1.7% and Micron Technology dropped 1.7%. Conversely, Virgin Galactic surged 16.3% on plans for commercial space tourism. Tesla added 1.8% after hitting a 37-week high during the session and Adobe gained 0.8% with positive earnings and guidance. On the week, the Dow Jones added 0.9%, marking a three-week winning streak despite the Fed's warning of future rate hikes. The S&P 500 gained 2.2%, its fifth consecutive weekly gain, the longest since November 2021, rising 2.2%. The Nasdaq was up 2.7% for an eighth straight positive week. Markets will be closed on Monday for the Juneteenth holiday.
2023-06-16T20:07:00"
Tesla Hits 37-week High,stocks,Tesla Hits 37-week HighUnited States stocksTesla increased to a 37-week high of 263.492023-06-16T18:43:54.447
US Stocks Pare Gains,Stock Market,"US Stocks Pare GainsUnited States Stock MarketThe US stocks wiped off their earlier gains on a volatile trading day at the second 2023’s quadruple witching date. All three major US stock indexes wobbled near the flatline as investors hesitated between buying and selling amid a massive options expiration. Among stocks, Virgin Galactic surged 15% on plans for commercial space tourism. Nvidia rose 2.1% to a record high, reaching a market cap of $1.08 trillion on a raised price target by Morgan Stanley. Tesla added 2.2% hitting a 37-week high and Adobe gained 1.8% with positive earnings and guidance. Conversely, Micron Technology dropped 1.6%. On the week, the Dow Jones is set to add 1.3% for the week, marking a three-week winning streak despite the Fed's warning of future rate hikes. The S&P 500 is on track for its fifth consecutive weekly gain, the longest since November 2021, rising 2.7%. The Nasdaq is up 3.2% for an eighth straight positive week. Markets will be closed on Monday for the Juneteenth holiday.2023-06-16T18:19:00"
US Consumer Sentiment at 4-Month High,Consumer Confidence,"US Consumer Sentiment at 4-Month HighUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US increased to 63.9 in June of 2023, the highest in four months, from 59.2 in May,  preliminary figures showed. Figures beat forecasts of 60, reflecting greater optimism as inflation eased and policymakers resolved the debt ceiling crisis. ""Consumer sentiment is now 28% above the historic low from a year ago and may be resuming its upward trajectory since then"", Surveys of Consumers Director Joanne Hsu said. In June, improvements were seen in both current economic conditions (68 vs 64.9) and consumer expectations (61.3 vs 55.4). Also, year-ahead inflation expectations receded for the second consecutive month to 3.3%, the lowest since March 2021, from 4.2% in May. In contrast, long-run inflation expectations were little changed from May at 3%.2023-06-16T14:04:00"
Nike Hits 4-week High,stocks,Nike Hits 4-week HighUnited States stocksNike increased to a 4-week high of 114.262023-06-16T13:32:00.963
Microsoft Hits All-time High,stocks,Microsoft Hits All-time HighUnited States stocksMicrosoft increased to an all-time high of 350.932023-06-16T13:30:09.117
Apple Hits All-time High,stocks,Apple Hits All-time HighUnited States stocksApple increased to an all-time high of 186.612023-06-16T13:30:03.193
US Futures Little Changed,Stock Market,"US Futures Little ChangedUnited States Stock MarketUS futures were little changed on Friday, following gains of more than 1% the day before, with investors increasingly betting the Fed will have to end its tightening campaign earlier than anticipated, even though the central bank left rates steady on Wednesday and warned more hikes to come. Meanwhile, trading is expected to be volatile as it is a quadruple witching date. On the corporate front, shares of Virgin Galactic jumped over 40% in premarket trading after the company announced plans to start commercial space tourism flights in late June. Also, Adobe was up more than 3% after beating forecasts on both revenue and earnings. On the week, the Dow Jones is up about 1.6%, the S&P 500 gained nearly 3%, which would mark its best weekly performance since March, and the Nasdaq surged about 4%. Markets will be closed Monday for the Juneteenth holiday. 2023-06-16T11:29:00"
US Futures Steady After Winning Session,Stock Market,"US Futures Steady After Winning SessionUnited States Stock MarketUS stock futures held steady on Friday after the major averages rallied sharply during Thursday’s regular session, as investors bet that interest rates are near their peak after the Federal Reserve paused its tightening campaign in June. Futures contracts tied to the three major indexes were all trading near breakeven. In extended trading, Virgin Galactic surged 42% after announcing that its first commercial space tourism flight will take place at the end of this month. Adobe also jumped more than 3% after topping estimates on top and bottom lines and issuing an upbeat guidance. In regular trading on Thursday, the Dow rallied 1.26%, the S&P 500 jumped 1.22% and the Nasdaq Composite gained 1.15%. All 11 S&P sectors finished higher, led by healthcare, technology and industrial stocks. The major averages are also on track for weekly gains as the technology-led rally morphed into an advance with broad market participation.2023-06-15T23:52:00"
US Capital Inflow Shrinks in April,Capital Flows,"US Capital Inflow Shrinks in AprilUnited States Capital FlowsThe United States posted a capital and financial account surplus of $48.4 billion in April of 2023, marking the fifth increase in the last six months while narrowing from an upwardly revised $129 billion surplus in the prior month. The net foreign private inflows were recorded at $2.5 billion, and net foreign official inflows were $45.9 billion. Foreign residents increased their holdings of long-term U.S. securities in April; net purchases were $97.6 billion. Net purchases by private foreign investors were $59.4 billion, while net purchases by foreign official institutions were $38.3 billion.

2023-06-15T20:25:00"
"Facebook | Meta Platforms, Inc. Hits 16-month High",stocks,"Facebook | Meta Platforms, Inc. Hits 16-month HighUnited States stocksFacebook | Meta Platforms, Inc. increased to a 16-month high of 280.662023-06-15T17:55:54.127"
US Mortgage Rates Fall for 2nd Week,30 Year Mortgage Rate,"US Mortgage Rates Fall for 2nd WeekUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage decreased to 6.69% as of June 14th, 2023, from 6.71% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac. It was the second consecutive decrease since rates hit a 6-month high of 6.79% in the end of May. A year ago, the 30-year fixed rate was 5.78%. “Mortgage rates decreased slightly this week in anticipation of the pause in rate hikes by the Federal Reserve,"" said Sam Khater, Freddie Mac’s Chief Economist. “As inflation continues to decelerate, economic growth is slowing and the tightening cycle of monetary policy is reaching its apex, which means mortgage rates are expected to decrease later this year and into next.”2023-06-15T17:09:02.557"
US Natural Gas Stocks Rise Less than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise Less than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 84 billion cubic feet of gas into storage during the week ended June 9, 2023, less than market expectations of a 95 bcf increase. That compared with an increase of 94 bcf in the same week last year and a five-year (2018-2022) average increase of 84 bcf. Last week's increase brought stockpiles to 2.634 trillion cubic feet (tcf), 552 bcf higher than last year and 353 bcf above the five-year average of 2.281 bcf. At 2.634 tcf, total working gas is within the five-year historical range.2023-06-15T14:32:35.987"
US Business Inventories Rebound in April as Forecast,Business Inventories,"US Business Inventories Rebound in April as ForecastUnited States Business InventoriesManufacturers and trade inventories in the US rose by 0.2% from a month earlier in April 2023, after a downwardly revised 0.2% fall in the prior month, matching market forecasts. Stocks increased at manufacturers (0.5% vs -0.8% in March) and retailers (0.1% vs 0.4%) but fell for merchant wholesalers (-0.1% vs -0.2%). Year-on-year, business inventories jumped by 5.2% in April.2023-06-15T14:08:00"
Apple Hits All-time High,stocks,Apple Hits All-time HighUnited States stocksApple increased to an all-time high of 184.962023-06-15T13:50:19.733
US Capacity Utilization Falls in May,Capacity Utilization,"US Capacity Utilization Falls in MayUnited States Capacity UtilizationCapacity utilization rate in the United States decreased to 79.6% in May of 2023 from an upwardly revised 79.8% in April and below forecasts of 79.7%. It is also 0.1 percentage point below its long-run average. The operating rate for mining edged down 0.3 percentage point to 92.2%, and the operating rate for utilities fell 1.5 percentage points to 70.7%. Also, capacity utilization for manufacturing remained at 78.4%.2023-06-15T13:28:39.07"
US Manufacturing Output Growth Eases as Expected,Manufacturing Production MoM,"US Manufacturing Output Growth Eases as ExpectedUnited States Manufacturing Production MoMManufacturing production in the United States went up 0.1 percent in May 2023, easing from a downwardly revised 0.9 percent gain in the previous month, as expected. The indexes for durable manufacturing and other manufacturing (publishing and logging) increased 0.3 percent and 0.2 percent, respectively, while the output of nondurable manufacturing moved down 0.1 percent. Within durables, aerospace and miscellaneous transportation equipment posted the largest gain of 2.5 percent, while computer and electronic products posted the largest loss of 0.8 percent. The index for motor vehicles and parts moved up 0.2 percent in May after jumping nearly 10 percent in April. Within nondurables, a gain of 1.7 percent in May in the index for petroleum and coal products was more than offset by declines in most other industries. Capacity utilization for manufacturing remained at 78.4 percent in May, a rate that is 0.2 percentage point above its long-run (1972–2022) average.2023-06-15T13:22:07.267"
US Industrial Output Unexpectedly Falls,Industrial Production Mom,"US Industrial Output Unexpectedly FallsUnited States Industrial Production MomIndustrial production in the United States went down 0.2 percent from a month earlier in May 2023, missing market expectations of a 0.1 percent increase. Mining output slid 0.4 percent driven primarily by decreases in coal mining and support activities, in particular, oil and gas well drilling. Also, the output of utilities declined 1.8 percent for a second consecutive month, as electric utilities fell, while natural gas utilities remained unchanged. On the other hand, manuafcturing activity increased 0.1 percent, as expected. The indexes for durable manufacturing and other manufacturing (publishing and logging) increased 0.3 percent and 0.2 percent, respectively, while the output of nondurable manufacturing moved down 0.1 percent. Capacity utilization moved down to 79.6 percent in May, a rate that is 0.1 percentage point below its long-run (1972–2022) average.2023-06-15T13:20:06.803"
10-Year Treasury Yield Eases from 3-Month High,Government Bond 10Y,"10-Year Treasury Yield Eases from 3-Month HighUnited States Government Bond 10YThe yield on the 10-year US Treasury note eased back below the 3.8% mark from the three-month high of 3.84% touched on June 13th, as markets digested the latest economic data for insights on the Federal Reserve’s policy outlook. Initial jobless claims were well above market expectations and remained at 2021 highs in the middle of June, while import and export prices in the American economy fell more than expected in May. At the same time, core retail sales slowed as expected. The developments are in line with a series of other indicators showing that the US economy is cooling, limiting the leeway for the Federal Reserve to resume its tightening campaign. Growth concerns drove markets to price one final 25bps hike in the Fed’s July meeting, lowballing 50bps in rate hikes according to median forecasts from the FOMC’s dot plot. 2023-06-15T12:58:00"
DXY Falls Below 103,Currency,"DXY Falls Below 103United States CurrencyThe dollar index retreated further below 103 on Thursday, as the Federal Reserve and the European Central Bank implemented contrasting policy decisions. The US central bank refrained from raising interest rates but hinted at two additional quarter-point rate increases by the end of the year. On the other hand, the ECB raised rates by 25 basis points and signaled further rate hikes. Meanwhile, economic data indicated that weekly claims remained at 2021-high levels, while retail sales unexpectedly rose.2023-06-15T12:54:00"
NY Manufacturing Activity Unexpectedly Rebounds,NY Empire State Manufacturing Index,"NY Manufacturing Activity Unexpectedly Rebounds United States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index unexpectedly climbed 38 points to +6.6 in June 2023, from a four-month low of -31.8 in May. Figures came better than market estimates of -15.1. About 31% of respondents reported that conditions had improved over the month, while 24% reported that conditions had worsened. The new orders index climbed thirty-one points to 3.1, and the shipments index shot up thirty-eight points to 22.0. The unfilled orders index remained negative at -8.0; and the inventories index also remained negative at -6.0, indicating that inventories moved lower. The delivery times index came in at -1.0, suggesting delivery times were little changed. Meanwhile, the index for number of employees remained negative for a 5th consecutive month, and the average workweek index also held below zero. Both input and selling price increases slowed considerably. Planned increases in capital spending remained weak. Looking ahead, firms became more optimistic about the six-month outlook.2023-06-15T12:41:00"
US Export Prices Unexpectedly Fall in May,Export Prices MoM,"US Export Prices Unexpectedly Fall in MayUnited States Export Prices MoMExport prices in the US dropped 1.9 percent month-over-month in May 2023, following a revised 0.1 percent decrease in April and defying the market expectation of a flat reading. It was the largest monthly decline in export prices since last December, led by a 2.1 percent fall in agricultural export prices and a 1.8 percent drop in the cost of nonagricultural exports. On a yearly basis, export prices tumbled 10.1 percent, the largest decline since the series was first published in September 1984.2023-06-15T12:39:55.58"
Philadelphia Factory Activity Contraction Deepens,Philadelphia Fed Manufacturing Index,"Philadelphia Factory Activity Contraction DeepensUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US decreased to -13.7 in June 2023 from -10.4 in May and compared with market expectations of -14. The survey’s indicators for general activity and new orders remained negative. However, the index for shipments rose and turned positive. The employment index suggests steady employment overall. The price indexes remained below long-run averages. Most future indicators improved, but expectations for growth over the next six months remained tempered.
2023-06-15T12:35:38.557"
US Futures Lower,Stock Market,"US Futures LowerUnited States Stock MarketUS futures were lower on Thursday, with contracts on the Dow Jones falling almost 100 points, the S&P 500 0.4% and the Nasdaq 100 0.7%, as investors anticipate interest rates will rise further. The Federal Reserve kept the fed funds rates steady yesterday, in line with expectations, but warned further tightening would be necessary. Traders are now bracing for two more 25bps increases this year, with the first possibly as soon as July. Investors will also keep a close eye on a batch of economic data due today, including the claims report, retail sales and industrial production. On the corporate front, Target raised its quarterly dividend by 1.9% to $1.10 per share2023-06-15T11:17:00"
10-Year Treasury Yield Rises after Fed,Government Bond 10Y,"10-Year Treasury Yield Rises after FedUnited States Government Bond 10YThe yield on the US 10-year Treasury note was above 3.8%, approaching high levels not seen in three months, amid hawkish signals from the Federal Reserve. The Fed kept interest rates steady in June, in line with expectations but warned further tightening would be necessary. Median forecasts from FOMC members point to a terminal rate of 5.6%, which implies two additional 25bps rate hikes this year before an eventual dovish pivot next year. Traders are currently betting the next rate hike will happen as soon as July although Fed Chair Powell said no decision for the next meeting has been made yet.2023-06-15T07:16:00"
Dollar Rises on Fed’s Hawkish Pause,Currency,"Dollar Rises on Fed’s Hawkish PauseUnited States CurrencyThe dollar index strengthened above 103 on Thursday after facing pressure in recent sessions as the Federal Reserve held off on a rate hike, but hinted at two more quarter-point rate increases by the end of the year.  The Fed kept its benchmark interest rate within a range of 5.00% to 5.25% at its June policy meeting, saying that holding rates steady allows it to assess additional information and its implications for monetary policy. However, the central bank’s dot plot indicated a median expectation for the funds rate to reach 5.6% by the end of 2023 as inflationary pressures persist. The dollar gained the most against the Japanese yen as the Bank of Japan is expected to maintain its ultra-easy policy on Friday. The greenback also appreciated sharply against the yuan and the kiwi as latest data pointed to a weakening economy in China and New Zealand.2023-06-15T03:24:00"
US Futures Steady After Fed Decision,Stock Market,"US Futures Steady After Fed DecisionUnited States Stock MarketUS stock futures steadied on Thursday after the Federal Reserve kept rates unchanged for the first time since March 2022, but signaled that further policy tightening may be needed later this year. Futures contracts tied to the three major indexes drifted flat to slightly positive. In regular trading on Wednesday, the Dow fell 0.68%, while the S&P 500 and Nasdaq Composite gained 0.08% and 0.39%, respectively. Seven out of the 11 S&P sectors finished lower, led to the downside by energy, healthcare and materials, while technology stocks outperformed. The Fed’s post-meeting statement said that holding rates steady allows it to assess additional information and its implications for monetary policy, while hinting at two more rate increases by the end of 2023. Fed Chair Jerome Powell also said that no decision for July has been made yet and the conditions needed to get inflation down are coming into place.2023-06-15T00:02:00"
Lennar earnings above expectations at 2.94 USD,Earnings,"Lennar earnings above expectations at 2.94 USDUnited States EarningsLennar (LEN) released earnings per share at 2.94 USD, compared to market expectations of 2.31 USD.2023-06-14T21:00:23.163"
Treasury Yields Soar After Hawkish Fed Hold,Government Bond 10Y,"Treasury Yields Soar After Hawkish Fed HoldUnited States Government Bond 10YThe yield on the US 10-year Treasury note breathly rebounded to the 3.8% mark on Wednesday, lifted by hawkish signals from the Federal Reserve. Despite pausing the tightening cycle on the federal fund's rate, median forecasts from FOMC members point to a terminal rate of 5.6%. Such developments translate to two additional 25bps rate hikes this year before an eventual dovish pivot next year. The move reflected a hawkish turn by major central banks following surprise rate hikes by the BoC and RBA this week, underscoring concerns about sticky core inflation by major monetary authorities. Yesterday, the CPI report showed the headline inflation eased more than anticipated to 4%, while the core gauge met forecasts at 5.3%.2023-06-14T18:08:00"
DXY Pares Losses,Currency,"DXY Pares LossesUnited States CurrencyThe dollar index pared losses to 103.2 on Wednesday, as investors raised bets that the Federal Reserve would deliver a rate hike in July after a pause this month. The central bank maintained interest rates within the range of 5.00% to 5.25% but signaled that the economy is stronger than anticipated and that inflation's decline will be slower, saying another 50 bps hike before year-end is likely.2023-06-14T18:08:00"
Microsoft Hits 17-month High,stocks,Microsoft Hits 17-month HighUnited States stocksMicrosoft increased to a 17-month high of 338.572023-06-14T15:26:06.387
Intel Hits 41-week High,stocks,Intel Hits 41-week HighUnited States stocksIntel increased to a 41-week high of 34.412023-06-14T14:37:38.363
DXY Falls for 2nd Session,Currency,"DXY Falls for 2nd SessionUnited States CurrencyThe dollar index fell 0.5% to a 4-week low of 102.8 on Wednesday after recent data reinforced the view that Fed would pause its aggressive tightening cycle at its two-day meeting ending today. The US inflation rate fell to 4% in May from 4.9% in April, the lowest in over two years and below market expectations of 4.1%. Also, annual producer inflation hit 1.1%, the lowest since December 2020. On the other hand, other major central banks including the ECB, the Bank of England, and the Reserve Banks of Australia and New Zealand are set to continue with hikes. The strongest selling activity was recorded against the British pound which hit a 14-month high of $1.27, and the Australian dollar which was trading at a more than 4-month high of $0.68.2023-06-14T14:07:00"
"US Treasury Yields Fall, Fed Awaited",Government Bond 10Y,"US Treasury Yields Fall, Fed AwaitedUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell to below 3.8% on Wednesday, as investors brace for the FOMC decision later in the day. Traders are currently betting on a pause in the central bank's interest-rate hiking campaign while keeping a close eye on new economic projections and the Fed's plans for the rest of the year. Market participants seem to be divided whether the central bank will raise rates again in July or in September. Meanwhile, fresh data showed US producer prices fell more than expected last month, confirming inflationary pressures continue to slow. Yesterday, the CPI report showed the headline inflation eased more than anticipated to 4%, while the core gauge met forecasts at 5.3%. 2023-06-14T13:53:21.44"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyDXY decreased to a 4-week low of 102.792023-06-14T13:43:28.083
American Express Hits 13-week High,stocks,American Express Hits 13-week HighUnited States stocksAmerican Express increased to a 13-week high of 176.222023-06-14T13:33:42.357
UnitedHealth Hits 51-week Low,stocks,UnitedHealth Hits 51-week LowUnited States stocksUnitedHealth decreased to a 51-week low of 452.352023-06-14T13:30:12.287
US Mortgage Rates Down for 2nd Week: MBA,Mortgage Rate,"US Mortgage Rates Down for 2nd Week: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) in the US decreased by 4bps to 6.77% in the week ended June 9th, 2023, the second straight week of decline. Still, borrowing costs remain elevated amid prospects the Fed will need to keep the fed funds rate higher for longer. A year earlier, interest rates were lower at 5.65%.2023-06-14T11:09:43.77"
Dollar Subdued Ahead of Fed Decision,Currency,"Dollar Subdued Ahead of Fed DecisionUnited States CurrencyThe dollar index was subdued around 103.2 on Wednesday after losing about 0.3% in the previous session, as softer-than-expected US inflation data bolstered bets that the Federal Reserve will pause its aggressive tightening cycle this month. The US inflation rate fell to 4% in May from 4.9% in April, the lowest in over two years and below market expectations of 4.1%. Still, markets remain divided on whether the US central bank would hold rates steady or resume its policy tightening in July. Externally, investors also braced for monetary policy decisions from the European Central Bank and the Bank of Japan. The ECB is widely expected to raise its policy rate by 25 basis points this week and again in July to combat sticky inflation. On the other hand, the BOJ is anticipated to maintain its ultra-loose monetary policy this week as continued economic recovery was countered by slowing global growth.2023-06-14T03:18:48.907"
US Equity Futures Move Lower ahead of Fed Rate Decision,Stock Market,"US Equity Futures Move Lower ahead of Fed Rate DecisionUnited States Stock MarketUS stock futures fell on Wednesday after Wall Street overnight posted a fourth consecutive day of gains, amid bets that the Fed could hold its key lending rate steady later in the day after official data showed consumer inflation cooled more than expected in May.  Market participants also preparing for Chair Powell’s remarks to the media, where he may offer insight about the economy and the central bank’s path forward. On the corporate front, US-listed shares of Chinese companies rose after China's central bank lowered its short-term lending rate for the first time since August 2022. JD. Com surged 3.5% and Alibaba Group climbed almost 2%. Intel Corp. soared 2.5% after a report the chipmaker is in talks with SoftBank Group Corp's Arm to be an anchor investor in its IPO. Bunge Ltd. jumped 2.5% after the U.S. grains merchant and Glencore-backed Viterra said they were merging to create an agricultural trading giant worth about $34 billion, including debt.


2023-06-14T00:58:00"
US Crude Oil Inventories Unexpectedly Rise: API,API Crude Oil Stock Change,"US Crude Oil Inventories Unexpectedly Rise: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US rose 1.024 by million barrels in the week ended June 9th, 2023, after a 1.710 million barrels drop in the previous week and compared to market expectations of a 1.29 million barrel decline, data from the API's Weekly Statistical Bulletin showed.
2023-06-13T20:33:51.977"
J&J Hits 4-week High,stocks,J&J Hits 4-week HighUnited States stocksJ&J increased to a 4-week high of 160.732023-06-13T19:56:12.69
Pfizer Hits 7-week High,stocks,Pfizer Hits 7-week HighUnited States stocksPfizer increased to a 7-week high of 40.142023-06-13T15:13:02.517
US 10-Year Yield Rebounds from Session Low,Government Bond 10Y,"US 10-Year Yield Rebounds from Session LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note rebounded to approximately 3.8% after hitting a session low of 3.682% on Tuesday. Investors analyzed the US inflation data, which further strengthened the belief that the Federal Reserve might opt to refrain from raising interest rates at the conclusion of its two-day meeting on Wednesday. The CPI report revealed that headline inflation in May decelerated more than anticipated, reaching 4.0%, while the core gauge met expectations at 5.3%. Elsewhere, central banks in the Eurozone and United Kingdom are expected to continue their rate-hiking strategies in the coming months, reflecting their efforts to address inflationary pressures.2023-06-13T14:19:52.81"
Walt Disney Hits 4-week High,stocks,Walt Disney Hits 4-week HighUnited States stocksWalt Disney increased to a 4-week high of 94.252023-06-13T13:31:04.017
Walmart Hits 20-week High,stocks,Walmart Hits 20-week HighUnited States stocksWalmart increased to a 20-week high of 154.492023-06-13T13:30:18.807
US Services Inflation Slows to 10-Month Low,Services Inflation,"US Services Inflation Slows to 10-Month LowUnited States Services InflationServices inflation in the United States eased for the fourth month to 6.3% year-on-year in May 2023, the lowest in ten months, from 6.8% in the prior month.2023-06-13T12:53:46.56"
US Energy Prices Fall for 3rd Month,Energy Inflation,"US Energy Prices Fall for 3rd MonthUnited States Energy InflationThe cost of energy in the US slumped by 11.7% year-on-year in May 2023, extending a 5.1% decline in the prior month. It was the third consecutive monthly drop in energy prices and at the quickest pace since June 2020, amid sharp declines in prices of fuel oil (-37% vs -20.2% in April), gasoline (-19.7% vs -12.2%) and natural gas (-11% vs -2.1%). Additionally, prices slowed down for electricity (5.9% vs 8.4%).2023-06-13T12:50:00"
US Food Inflation Drops to Near 1-1/2-Year Low,Food Inflation,"US Food Inflation Drops to Near 1-1/2-Year LowUnited States Food InflationFood inflation in the United States fell to a near 1-1/2-year low of 6.7% year-on-year in May 2023, from 7.7% in the prior month and a peak of 11.4% in August 2022. Prices eased further for both food at home (5.8% vs 7.1% in April) and food away from home (8.3% vs 8.6%).2023-06-13T12:45:30.253"
US 10-Year Yield Drops as Investors Digest CPI Data,Government Bond 10Y,"US 10-Year Yield Drops as Investors Digest CPI DataUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell below the 3.7% mark, after US inflation data supported bets that the Federal Reserve could skip raising interest rates this month. The CPI report showed the headline inflation slowed more than forecast to 4.0% in May, while the core gauge met expectations at 5.3%. Investors now await the Federal Reserve's announcement on Wednesday.2023-06-13T12:44:00"
US Core Inflation Rate Slows to 1-1/2-Year Low of 5.3%,Core Inflation Rate,"US Core Inflation Rate Slows to 1-1/2-Year Low of 5.3%United States Core Inflation RateThe annual core consumer price inflation rate in the United States, which excludes volatile items such as food and energy, eased to a 1-1/2-year low of 5.3% in May 2023, as expected, from 5.5% in the prior month. On a monthly basis, core consumer prices rose by 0.4% from a month earlier in May, the same pace as in April and March, in line with market expectations.2023-06-13T12:39:22.47"
US CPI Rises Less than Forecast,Inflation Rate MoM,"US CPI Rises Less than ForecastUnited States Inflation Rate MoMConsumer prices in the United States edged up 0.1 percent in May 2023, easing from a 0.4 percent increase the month before and slightly below market consensus of a 0.2 percent gain, as the cost of energy declined 3.6 percent. By contrast, shelter was the largest contributor to the monthly increase, followed by an advance in prices for used cars and trucks. Food cost increased 0.2 percent after being unchanged in the previous two months, with prices for food at home rising 0.1 percent and those for food away from home growing 0.5 percent.2023-06-13T12:35:31.417"
US Core CPI Rises 0.4% MoM as Expected,Core Inflation Rate MoM,"US Core CPI Rises 0.4% MoM as ExpectedUnited States Core Inflation Rate MoMUS core consumer prices, which exclude volatile items such as food and energy, rose by 0.4% from a month earlier in May of 2023, as did in April and March, matching market estimates. Categories which increased in May included shelter, used cars and trucks, motor vehicle insurance, apparel, and personal care. The index for household furnishings and operations and the index for airline fares were among those that decreased over the month. Year-on-year, core consumer prices advanced by 5.3% in May, following a 5.5% rise in the prior month and matching market forecasts.2023-06-13T12:32:00"
US Stock Futures Higher Ahead of Key CPI Data,Stock Market,"US Stock Futures Higher Ahead of Key CPI DataUnited States Stock MarketUS stock futures gained momentum on Tuesday, as investors eagerly anticipated the release of the inflation report later today and the Federal Reserve's interest rate decision on Wednesday. Market participants were hopeful that data reflecting a slowdown in price pressures during May would support the expectation of a pause from the Fed in its policy meeting. The US inflation rate is expected to further decrease to 4.1%, reaching its lowest level since March 2021, while the core gauge is anticipated to ease to 5.2%. During extended trading, Oracle saw a 4% surge after surpassing expectations for both revenue and earnings, primarily driven by substantial growth in cloud revenue. In regular trading on Monday, the Dow increased by 0.56%, the S&P 500 gained 0.93%, and the Nasdaq Composite rallied 1.53%. Technology, consumer discretionary, and communication services were among the leading sectors, contributing to the positive performance of eight out of the 11 S&P sectors.2023-06-13T09:02:32.357"
Dollar Edges Down Ahead of Key Inflation Data,Currency,"Dollar Edges Down Ahead of Key Inflation DataUnited States CurrencyThe dollar index edged down to 103.3 on Tuesday as investors prepared for the May inflation report due later in the day and the Federal Reserve’s interest rate decision on Wednesday. The US inflation rate is forecasted to slow from 4.9% in April to 4.1% in May, the lowest since March 2021, while the core gauge may decelerate from 5.5% to 5.2%. That would support the case for the Fed to pause its tightening cycle at the upcoming meeting, though markets remain divided on what the central bank’s next steps are from July. Externally, investors also braced for monetary policy decisions from the European Central Bank and the Bank of Japan. The ECB is widely expected to raise its policy rate by 25 basis points this week and again in July to combat sticky inflation. On the other hand, the BOJ is anticipated to maintain its ultra-loose monetary policy this week as continued economic recovery was countered by slowing global growth.2023-06-13T02:40:00"
The S&P 500 Hit 13-month High,Stock Market,The S&P 500 Hit 13-month HighUnited States Stock MarketUS500 increased to a 13-month high of 43302023-06-12T19:09:02.307
US Budget Deficit Swells in May,Government Budget Value,"US Budget Deficit Swells in MayUnited States Government Budget ValueThe US government budget deficit came at USD 240 billion in May 2023, widening from a USD 66 billion deficit in the corresponding period of the previous year, and below market expectations of a USD 236 billion gap led by a decline in revenue while Medicare spending surged. Revenues tumbled by 21% to USD 307 billion as non-withheld individual income taxes and higher tax return payments slashed revenues. Meantime, outlays jumped 20% to $548 billion with a tripling of spending on the government-run Medicare health program for seniors driving much of the increase. Considering the first eight months of the fiscal year, the budget deficit stood at USD 1.165 trillion compared to a USD 426 billion deficit a year earlier. 2023-06-12T18:12:00"
Boeing Hits 16-month High,stocks,Boeing Hits 16-month HighUnited States stocksBoeing increased to a 16-month high of 223.332023-06-12T17:12:28.157
US Inflation Expectations Lowest since March 2021,Inflation Expectations,"US Inflation Expectations Lowest since March 2021United States Inflation ExpectationsUS consumer inflation expectations for the year ahead fell to 4.1% in May 2023, the lowest since March 2021. The median inflation for the next 12 months is expected to moderate further for college education (down by 0.7 pp to 7.1%), food (down by 0.4 pp to 5.4%), medical care (down by 0.1 pp to 9.2%), and rent (down by 0.1 pp to 9.1%) and to remain unchanged for gas (at 5.1%). Meanwhile, inflation expectations for the three- and five-year horizons increased by 0.1 percentage points to 3% and 2.7%, respectively.2023-06-12T15:06:00"
US Futures Edge Up,Stock Market,"US Futures Edge UpUnited States Stock MarketUS stock futures rose on Monday, with contracts on the Dow Jones adding 30 points, the S&P 500 up 0.3% and the Nasdaq 0.6% as investors are hopeful that inflationary pressures would show further signs of easing, supporting the case for a pause in the Fed’s interest rate hikes this week. The US inflation rate is forecasted to fall 4.1% in May, the lowest since March 2021, from 4.9% in April while the core gauge may decelerate to 5.2% from 5.5%. Most market participants expect the US central bank to leave interest rates unchanged at the current levels but there is a 30% chance of a rate hike depending on the CPI reading and after surprise moves in Australia and Canada last week. In premarket trading, UBS shares added over 1% after the Swiss bank said it had completed the takeover of Credit Suisse. 2023-06-12T11:38:55.94"
US 10-Year Treasury Yield Little Changed,Government Bond 10Y,"US 10-Year Treasury Yield Little ChangedUnited States Government Bond 10YThe yield on the US 10-year Treasury note was little changed above 3.7%, as investors await the Federal Reserve's announcement on Wednesday. Most market participants expect the US central bank to leave interest rates unchanged at the current levels but there is a chance of a rate hike depending on the CPI reading and after surprise moves in Australia and Canada last week. The US inflation rate likely fell to 4.1% in May, the lowest since March 2021, from 4.9% in April, while the core gauge probably decelerated to 5.2% from 5.5%. Meanwhile, the ECB is expected to raise rates by 25 basis points on Thursday.2023-06-12T10:01:00"
Dollar Steadies Ahead of Busy Week,Currency,"Dollar Steadies Ahead of Busy WeekUnited States CurrencyThe dollar index steadied above 103.5 on Monday as investors geared up for US inflation data and the Federal Reserve’s interest rate decision this week. Last week, the index lost 0.5% as softer-than-expected economic data supported the case for a pause in the Fed’s tightening cycle at the upcoming meeting. Meanwhile, markets remain divided on whether the US central bank would hold rates steady or resume its policy tightening in July. Externally, investors also braced for monetary policy decisions from the European Central Bank and the Bank of Japan. The ECB is widely expected to raise its policy rate by 25 basis points this week and again in July to combat sticky inflation. On the other hand, the BOJ is anticipated to maintain its ultra-loose monetary policy this week as continued economic recovery was countered by slowing global growth.2023-06-12T03:16:00"
JPMorgan Hits 5-week High,stocks,JPMorgan Hits 5-week HighUnited States stocksJPMorgan increased to a 5-week high of 141.652023-06-09T14:52:13.163
The Dow Jones Hit 5-week High,Stock Market,The Dow Jones Hit 5-week HighUnited States Stock MarketUS30 increased to a 5-week high of 339442023-06-09T14:46:49.287
US Futures Steady After Upbeat Session,Stock Market,"US Futures Steady After Upbeat SessionUnited States Stock MarketUS stock futures held steady on Friday after the major averages posted strong gains during Thursday’s regular session, with the S&P 500 closing at its highest level for 2023. Futures contracts tied to the three major indexes were all trading near breakeven. In extended trading, DocuSign jumped 5% on better-than-expected earnings and revenue for the first quarter. GM and Tesla also gained 4% and 5%, respectively, after announcing that GM will join Ford Motor in partnering with Tesla to use the EV-maker’s charging network in North America. In regular trading on Thursday, the Dow rose 0.5%, the S&P 500 gained 0.62% and the Nasdaq Composite rallied 1.02%. Seven out of the 11 S&P sectors finished higher, led to the upside by consumer discretionary and technology. Those gains came as a sharp fall in Treasury yields boosted technology and other growth stocks, with a surge in new unemployment claims bolstering bets for a pause in the Federal Reserve's interest rate hikes next week.2023-06-09T00:15:00"
US Mortgage Rates Fall After 3-Week Ascent,30 Year Mortgage Rate,"US Mortgage Rates Fall After 3-Week AscentUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage decreased to 6.71% as of June 8, 2023, down from 6.79% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac. A year ago, the 30-year fixed rate was 5.23%. “Mortgage rates decreased after a three-week climb,” said Sam Khater, Freddie Mac’s Chief Economist. “While elevated rates and other affordability challenges remain, inventory continues to be the biggest obstacle for prospective homebuyers.” Meanwhile, the 15-year fixed-rate mortgage averaged 6.07%, below 6.18% last week.2023-06-08T16:09:43.66"
US Natural Gas Stocks Rise More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 118 billion cubic feet of gas into storage during the week ended June 2, 2023, slightly more than market expectations of a 113 bcf increase as mild weather limited demand for the fuel for both heating and cooling. Last week's increase brought stockpiles to 2.550 trillion cubic feet (tcf), 562 bcf higher than last year and 353 bcf above the five-year average of 2.197 bcf. At 2.550 tcf, total working gas is within the five-year historical range.2023-06-08T14:36:21.893"
US Wholesale Inventories Fall for 2nd Month,Wholesale Inventories,"US Wholesale Inventories Fall for 2nd MonthUnited States Wholesale InventoriesWholesale inventories in the US decreased 0.1% month-over-month in April 2023, less than earlier estimates of a 0.2% fall and following a downwardly revised 0.2% drop in March. Inventories fell for nondurables (-1.2% vs -0.5% in March), mostly drugs (-0.8%), apparel (-2.3%), and farm products (-7.1%). On the other hand stocks for durable goods rose 0.6% (vs a flat reading in March). Compared to a year earlier, wholesale inventories jumped 6.3%.2023-06-08T14:07:00"
US Continuing Claims Lowest Since Mid-February,Continuing Jobless Claims,"US Continuing Claims Lowest Since Mid-FebruaryUnited States Continuing Jobless ClaimsContinuing jobless claims in the US, which include people who have received unemployment benefits for a week or more, fell to 1757 thousand in the week ended May 27, 2023, from 1794 thousand, and compared with market expectations of 1800 thousand. It was the lowest reading since mid-February. 2023-06-08T13:43:07.797"
DXY Falls after Weekly Claims,Currency,"DXY Falls after Weekly ClaimsUnited States CurrencyThe dollar index dropped to as low as 103.58 on Thursday after higher-than-anticipated weekly claims reduced expectations of an imminent interest rate hike by the Federal Reserve. Market participants anticipate that the Federal Reserve will temporarily halt its cycle of interest rate increases before resuming them in July, but unexpected rate hikes by the Reserve Bank of Australia and the Bank of Canada have increased the likelihood of a Federal Reserve rate hike already next week. Nevertheless, the Federal Reserve's decision could be influenced by the release of May's consumer inflation data, scheduled for a day before the central bank's meeting, which is projected to indicate a 0.3% increase in prices.2023-06-08T12:49:00"
US Consumer Credit Above Estimates,Consumer Credit,"US Consumer Credit Above EstimatesUnited States Consumer CreditTotal consumer credit in the US increased $23.01 billion in April of 2023, after a downwardly revised $22.83 billion rise in the previous month and beating market expectations of a $22 billion increase. On a seasonally adjusted annual basis, consumer credit went up by 5.7 percent in April after a downwardly revised 5.7 percent gain in the prior month. Revolving credit, like credit cards, was up 13.1 percent, compared to a 14.6 percent rise in the prior month. Nonrevolving credit, typically auto and student loans, increased by 3.2 percent, following a downwardly revised 2.7 percent gain in the prior month.
2023-06-07T19:13:40.963"
"DXY Steady Ahead of Inflation, Fed Next Week",Currency,"DXY Steady Ahead of Inflation, Fed Next WeekUnited States CurrencyThe dollar index remained largely unchanged around 104 on Thursday, reflecting cautious sentiment ahead of inflation data and the Fed decision next week. The Federal Reserve is expected to maintain interest rates this month, but markets are pricing in a potential rate hike in July. May's consumer inflation data, projected to show a 0.3% price increase, could impact the Fed's decision. Also, investors have been unwinding long bets on the dollar, which were taken as a hedge before the U.S. government raised the debt ceiling. The market is monitoring the U.S. Treasury's increased issuance of Treasury bills to rebuild its cash balance, as any potential demand problems could impact the market. The latest data showed the U.S. trade deficit widened in April, driven by increased imports and decreased exports. Elsewhere, recent rate hikes by the Bank of Canada and the Reserve Bank of Australia attracted investors away from the dollar.2023-06-07T15:55:00"
Goldman Sachs Hits 5-week High,stocks,Goldman Sachs Hits 5-week HighUnited States stocksGoldman Sachs increased to a 5-week high of 332.882023-06-07T15:35:27.783
US Crude Inventories Unexpectedly Fall: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Fall: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories went down by 0.451 million barrels in the week ending June 2, 2023, compared with market expectations of a 1.022 million injection, data from the EIA Petroleum Status Report showed. On the other hand, crude stocks at the Cushing, Oklahoma, delivery hub rose by 1.721 million barrels, following a 1.628 million increase. Also, gasoline inventories increased by 2.746 million, more than forecasts of a 0.88 million increase and distillate stockpiles, which include diesel and heating oil, surged by 5.075 million barrels, the most since early December and more than the consensus for a 1.328 million rise. 2023-06-07T14:39:39.98"
Exxon Mobil Hits 4-week High,stocks,Exxon Mobil Hits 4-week HighUnited States stocksExxon Mobil increased to a 4-week high of 108.542023-06-07T14:21:08.877
Chevron Hits 4-week High,stocks,Chevron Hits 4-week HighUnited States stocksChevron increased to a 4-week high of 158.62023-06-07T14:05:36.813
United States Stock Market Index (US500) above 4300,stock market,United States Stock Market Index (US500) above 4300United States stock marketUnited States Stock Market Index (US500) rose above 4300 points.2023-06-07T13:43:23.89
Home Depot Hits 5-week High,stocks,Home Depot Hits 5-week HighUnited States stocksHome Depot increased to a 5-week high of 298.152023-06-07T13:30:49.493
US Imports Snap 2-Month Fall,Imports,"US Imports Snap 2-Month FallUnited States ImportsImports to the United States increased by USD 4.8 billion from a month earlier to USD 323.6 billion in April 2023, recovering from two consecutive months of decreases. Imports of goods went up by USD 5.2 billion, amid higher purchases of automotive vehicles, parts, and engines (up USD 2.0 billion), finished metal shapes (up USD 1.5 billion), nonmonetary gold (up USD 1.1. billion), organic chemicals (up USD 0.9 billion) and cell phones and other household goods (up 1.7 billion). On the other hand, imports of crude oil (down USD 0.8 billion) and natural gas (down USD 0.8 billion) decreased. Also, imports of services decreased by USD 0.4 billion, due to transport (down USD 0.4 billion) and travel (down USD 0.2 billion).2023-06-07T12:41:00"
US Exports Fall to 13-Month Low,Exports,"US Exports Fall to 13-Month LowUnited States ExportsExports from the United States decreased by USD 9.2 billion from a month earlier to USD 249 billion in April 2023, the lowest since March 2022. Exports of goods declined by USD 9.4 billion, due to lower sales of crude oil (down USD 2.1 billion), fuel oil (down 1.3 billion), pharmaceutical preparations (down 0.5 billion), gem diamonds (down 0.4 billion) and jewelry (down 0.4 billion). On the other hand, exports of services increased by USD 0.2 billion mainly due to travel (up 0.5 billion) and other business services (up 0.3 billion).2023-06-07T12:37:00"
US Mortgage Rates Fall for 1st Time in 4 Weeks: MBA,Mortgage Rate,"US Mortgage Rates Fall for 1st Time in 4 Weeks: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) in the United States decreased by 10bps to 6.81% in the week ended June 2nd 2023. It is the first drop in four weeks, from 6.91% which was the highest level since early November. Still, borrowing costs remain elevated amid prospects the Fed will need to keep the fed funds rate higher for longer. As the debt ceiling standoff came to an end, the inflation report and the Fed monetary policy decision in the second full week of June should be the next big catalysts for  mortgage rates. 2023-06-07T11:11:22.883"
Dollar Steadies as Fed Outlook Mulled,Currency,"Dollar Steadies as Fed Outlook MulledUnited States CurrencyThe dollar index steadied above the 104 mark on Wednesday as investors continued to assess the health of the US economy and the outlook for Federal Reserve monetary policy ahead of next week’s meeting. Mixed economic data have done little to guide markets, with the latest payrolls report showing a remarkable 339,000 jobs added in May, while the ISM Services PMI fell to a five-month low last month. Around 75% of traders anticipate that the Fed will pause its tightening cycle next week, but markets see a nearly 52% chance of another 25 basis point rate hike in July. The greenback was little changed across the board, but it weakened against the Australian dollar after the Reserve Bank of Australia raised borrowing costs by 25 basis points and offered a hawkish outlook on rates.2023-06-07T04:15:58.65"
US Crude Oil Inventories Unexpectedly Fall: API,API Crude Oil Stock Change,"US Crude Oil Inventories Unexpectedly Fall: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US dropped by 1.710 million barrels in the week ended June 2nd, 2023, after a 5.202 million barrels rise in the previous week and compared to market expectations of a 1.5 million barrel increase, data from the API's Weekly Statistical Bulletin showed.
2023-06-06T20:36:00.89"
McDonalds Hits 8-week Low,stocks,McDonalds Hits 8-week LowUnited States stocksMcDonalds decreased to a 8-week low of 283.342023-06-06T14:14:34.82
Dollar Edges Higher,Currency,"Dollar Edges HigherUnited States CurrencyThe dollar index edged slightly higher to above 104 on Tuesday, holding close to levels not seen since mid-March, as traders try to assess the resilience of the US economy and the Fed's next steps. Factory orders rose 0.4% in April, half the market forecasts and the ISM Services PMI fell sharply to the lowest in five months in May. Last week, the payrolls report painted a mixed scenario, with the economy adding a remarkable 339K jobs in May while the unemployment rate rose by 0.3 percentage points to 3.7% and hourly wage growth slowed. Around 75% of traders anticipate that the Fed will pause its tightening cycle this month, but there is a nearly 52% chance of another 25bps hike in July. Despite the general strenght, the greenback weakened against the Aussie, after the Reserve Bank of Australia delivered a surprise 25bps rate hike in borrowing costs.2023-06-06T13:48:00"
Dollar Pressured by Weak Services Data,Currency,"Dollar Pressured by Weak Services DataUnited States CurrencyThe dollar index held below 104 on Tuesday, remaining under pressure after surprisingly soft US services data for May supported the case for the Federal Reserve to pause its interest rate hikes at next week’s policy meeting. Some Fed officials previously suggested that the central bank might skip a rate hike in the upcoming meeting but emphasized that such a decision should not be interpreted as the end of the tightening cycle. Around 80% of market participants expect the Fed to leave rates steady when it meets next week, but traders now seem to be divided regarding the July move. Around half are expecting a 25 basis point rate increase, compared to 56% prior to the ISM Services release. Meanwhile, the latest payrolls report painted a mixed scenario, with the economy adding a remarkable 339K jobs in May while the unemployment rate rose by 0.3 percentage points to 3.7% and hourly wage growth slowed.2023-06-06T04:00:02.2"
US Futures Inch Lower After Lackluster Session,Stock Market,"US Futures Inch Lower After Lackluster SessionUnited States Stock MarketUS stock futures inched lower on Tuesday after the major averages finished in the red during Monday’s regular session, snapping a two-day advance on Wall Street. Futures contracts tied to the three major indexes were all down at least 0.1%. In regular trading on Monday, the Dow declined 0.59%, the S&P 500 fell 0.2% and the Nasdaq Composite slipped 0.09%. Seven out of the 11 S&P sectors finished lower, led to the downside by industrials, energy and financials. Those moves came as investors as weaker-than-expected US data weighed on cyclical stocks which are sensitive to the performance of the economy. Factory orders rose 0.4% in April, half the market forecasts and the ISM Services PMI fell sharply to the lowest in five months in May. Caterpillar (-1.8%), Boeing (-2.1%), and 3M (-4.4%) were among the worst performers. Apple also tumbled 0.8% after unveiling a ""mixed reality"" headset, its major new product since 2014 at the Worldwide Developers Conference.2023-06-06T00:26:00"
Cisco Systems Hits 6-week High,stocks,Cisco Systems Hits 6-week HighUnited States stocksCisco Systems increased to a 6-week high of 50.492023-06-05T16:15:53.053
Dollar Reverses Gains as ISM Services PMI Falls,Currency,"Dollar Reverses Gains as ISM Services PMI FallsUnited States CurrencyThe dollar index cut early gains to trade little changed around 104 on Monday, as investors try to assess the health of the US economy and the Fed's next steps. Factory orders rose 0.4% in April, half the market forecasts and the ISM Services PMI fell sharply to the lowest in five months in May. Last week, the payrolls report painted a mixed scenario, with the economy adding a remarkable 339K jobs in May while the unemployment rate rose by 0.3 percentage points to 3.7% and hourly wage growth slowed. Around 80% of market participants expect the Fed to leave rates steady when it meets next week, but traders now seem to be divided regarding the July move, with only around half expecting a 25bps rate increase, compared to 56% prior to the ISM Services release. 2023-06-05T15:23:00"
US Treasury Yields Reverse Gains after Disappointing Data,Government Bond 10Y,"US Treasury Yields Reverse Gains after Disappointing DataUnited States Government Bond 10YThe yield on the US 10-year Treasury note reversed early gains to trade around 3.7%, as recent data raised some concerns about the resilience of the economy. ISM Services PMI showed a bigger-than-expected slowdown in services activity last month while factory orders rose much less than market forecasts. Last week, the payrolls report painted a mixed scenario, with the economy adding a remarkable 339K jobs in May while the unemployment rate rose by 0.3 percentage points to 3.7% and hourly wage growth slowed. Around 80% of market participants expect the Fed to leave rates steady when it meets next week, but traders now seem to be divided regarding the July move, with only around half expecting a 25bps rate increase, compared to 56% prior to the ISM Services release. Meanwhile, President Biden signed the new debt bill into law on Saturday, avoiding a US default and the Treasury Department is now set to resume new debt issuance.2023-06-05T15:17:00"
US Output Growth Quickens to Over 1-Year High,Composite PMI,"US Output Growth Quickens to Over 1-Year HighUnited States Composite PMIThe S&P Global US Composite PMI came in at 54.3 in May 2023, little-changed from a preliminary estimate of 54.5 and above April's final reading of 53.4. The latest PMI signaled the fastest expansion in business activity for just over a year, driven by the service sector. This helped offset a weaker rise in manufacturing production. Total new business continued to increase, despite a sharp drop in overseas goods trade, employment rose at a solid pace and backlogs of work fell. Finally, inflationary pressures eased.2023-06-05T13:54:30.84"
"US Services PMI Revised Slightly Lower, but Remains Highest in Nearly One Year",Services PMI,"US Services PMI Revised Slightly Lower, but Remains Highest in Nearly One YearUnited States Services PMIThe S&P Global US Services PMI was revised slightly lower to 54.9 in May of 2023 from a preliminary 55.1, but continued to point to the strongest expansion in the services sector since April 2022, mainly supported by new business. The upturn in new orders was driven by improved demand conditions in both domestic and export markets. At the same time, firms stepped up their hiring activity again, with employment increasing at a solid pace. Sufficient capacity to process incoming new business allowed companies to reduce backlogs of work for the first time in four months. On the price front, rates of both input price and output charge inflation softened since April though remained elevated. Meanwhile, business confidence picked up to the highest level in a year, albeit still weaker than the series average. 2023-06-05T13:51:14.643"
Apple Hits All-time High,stocks,Apple Hits All-time HighUnited States stocksApple increased to an all-time high of 183.772023-06-05T13:45:50.007
Treasury Yields Rise,Government Bond 10Y,"Treasury Yields Rise United States Government Bond 10YThe yield on the US 10-year Treasury note continued to rise to approach 3.75% in early-June as investors bet interest rates will need to stay higher for longer, following a mixed payrolls report. The US economy added 339K jobs in May, well above market estimates of 190K, but the unemployment rate rose by 0.3 percentage points to 3.7% and hourly wage growth slowed. Around 80% of market participants now expect the Fed to leave rates steady when it meets next week and about 56% see a 25bps hike in the fed funds rate in July. Meanwhile, President Biden signed the debt bill into law on Saturday, avoiding what would have been the first-ever US default. The Treasury Department is now set to resume new debt issuance.2023-06-05T07:44:00"
Dollar Firms Up on Strong Jobs Data,Currency,"Dollar Firms Up on Strong Jobs DataUnited States CurrencyThe dollar index held above 104 on Monday after gaining half a percent in the previous session, underpinned by surprisingly strong jobs data that raised bets the Federal Reserve will keep interest rates higher for longer. The US economy unexpectedly added 339,000 jobs in May, surpassing the forecasts for a 190,000 increase. However, the unemployment rate rose to a seven-month high of 3.7%, higher than the expected 3.5% and wage growth slowed as expected. Markets now see a 25% chance that the Fed would deliver another 25 basis point rate hike this month, with a potential pause in the tightening cycle still on the table. Some Fed officials previously suggested that the central bank might skip a rate hike in the next meeting but emphasized that such a decision should not be interpreted as the end of the tightening cycle. Meanwhile, President Joe Biden signed the debt ceiling bill into law over the weekend, averting a potentially catastrophic default by the US government. 2023-06-05T03:12:36.067"
US Futures Steady After Broad-Based Rally,Stock Market,"US Futures Steady After Broad-Based RallyUnited States Stock MarketUS stock futures were little changed on Monday after the major averages came off a winning week, driven by a broad-based rally during Friday’s session. Futures contracts tied to the three major indexes were all trading near breakeven. In regular trading on Friday, the Dow rallied 2.12%, the S&P 500 jumped 1.45% and the Nasdaq Composite gained 1.07%. All 11 S&P sectors finished higher, led to the upside by materials, industrials and energy. Those moves came as US lawmakers passed the Fiscal Responsibility Act last week, which President Joe Biden then signed into law over the weekend, averting a potentially catastrophic default by the US government. Growing expectations that the Federal Reserve will pause its interest rate hikes this month also boosted the market, as the central bank aims to seek more clarity on the state of the economy. Investors now look ahead to more economic data this week including May PMI data and April factory and durable goods orders.2023-06-05T00:49:00"
Caterpillar Hits 4-week High,stocks,Caterpillar Hits 4-week HighUnited States stocksCaterpillar increased to a 4-week high of 219.932023-06-02T14:43:34.747
AT&T Hits 33-week Low,stocks,AT&T Hits 33-week LowUnited States stocksAT&T decreased to a 33-week low of 14.982023-06-02T14:27:56.7
Tesla Hits 15-week High,stocks,Tesla Hits 15-week HighUnited States stocksTesla increased to a 15-week high of 213.332023-06-02T14:16:03.237
UnitedHealth Hits 4-week High,stocks,UnitedHealth Hits 4-week HighUnited States stocksUnitedHealth increased to a 4-week high of 499.72023-06-02T14:12:02.533
General Electric Hits 18-month High,stocks,General Electric Hits 18-month HighUnited States stocksGeneral Electric increased to a 18-month high of 106.452023-06-02T13:36:34.78
Verizon Hits 18-week Low,stocks,Verizon Hits 18-week LowUnited States stocksVerizon decreased to a 18-week low of 34.332023-06-02T13:31:19.89
The Nasdaq 100 Hit 13-month High,Stock Market,The Nasdaq 100 Hit 13-month HighUnited States Stock MarketUSNDX increased to a 13-month high of 145412023-06-02T13:31:04.727
DXY Rebounds,Currency,"DXY ReboundsUnited States CurrencyThe dollar index rebounded to 103.7 on Friday as mixed jobs numbers reduced investors' expectations of a pause in the Federal Reserve tightening cycle. The US economy unexpectedly added 339K jobs, surpassing the forecast of 190K. However, the unemployment rate rose to a 7-month high of 3.7%, higher than the expected 3.5% and wage growth slowed as expected. Earlier, Fed Governor Philip Jefferson and Philadelphia Fed President Patrick Harker indicated that the central bank might skip a rate hike in the next meeting but emphasized that such a decision should not be interpreted as the end of the tightening cycle. Additionally, the House of Representatives approved the Fiscal Responsibility Act of 2023, which is expected to be approved by the Senate before the June 5 default deadline. For the week, the DXY is down 0.7%.2023-06-02T12:50:00"
Treasury Yields Climb Following Labor Data,Government Bond 10Y,"Treasury Yields Climb Following Labor DataUnited States Government Bond 10YThe yield on the 10-year US Treasury note rose to the 3.63% mark on Friday, after domestic labor data added confusion to the expected path of US monetary policy. Recent speeches by Fed officials indicated that the central bank might skip a rate hike in the next meeting, but the latest jobs report increased the likelihood of a 25bps rate hike this month. The US economy added 339 thousand jobs in May, well above market estimates of 190 thousand and upwardly revised 294 thousand in April. On the other hand, the unemployment rate rose by 0.3 percentage points to 3.7% and hourly wage growth slowed. Meanwhile, the US Congress approved the deal to suspend the government's debt ceiling until 2025, erasing concerns of a default.2023-06-02T12:47:00"
US Treasury Yields Little-Changed ahead of NFP,Government Bond 10Y,"US Treasury Yields Little-Changed ahead of NFPUnited States Government Bond 10YThe yield on the US 10-year Treasury note was little-changed at 3.6% on Friday, as traders await the nonfarm payrolls report and welcome the passage of the Fiscal Responsibility Act in the Senate. The US economy is expected to have added 190K jobs in May, slowing from 253K in April, further supporting bets the Fed will pause the tightening cycle this month. Investors now assign a higher 75% chance the Fed will keep the target for the federal funds rate steady at 5-5.25%. Meanwhile, the debt deal now goes to President Biden who is set to sign it shortly before the default deadline. 2023-06-02T09:07:57.827"
US Futures Inch Higher Ahead of Key Jobs Report,Stock Market,"US Futures Inch Higher Ahead of Key Jobs ReportUnited States Stock MarketUS stock futures inched up on Friday as investors look ahead to the May jobs report that could affect the economic and monetary policy outlook. Futures contracts tied to the three major indexes were all up about 0.1%. In extended trading, Lululemon, MongoDB, Five Below, Asana and Samsara all popped on better-than-expected quarterly results, while Broadcom, PagerDuty, ChargePoint and SentinelOne tumbled on disappointing corporate updates. In regular trading on Thursday, the DOw gained 0.47%, the S&P 500 jumped 0.98% and the Nasdaq Composite rallied 1.28%, with nine out of the 11 S&P sectors finishing higher led to the upside by technology. Those gains came as the House passed the debt ceiling bill late on Wednesday, advancing it to the Senate ahead of the June 5 deadline. Fresh ISM data also showed manufacturing activity contracted for the 5th consecutive month and price pressures eased significantly, reinforcing bets the Fed will pause the tightening cycle this month.2023-06-02T00:06:00"
The S&P 500 Hit 40-week High,Stock Market,The S&P 500 Hit 40-week HighUnited States Stock MarketUS500 increased to a 40-week high of 42312023-06-01T19:03:40.757
"Facebook | Meta Platforms, Inc. Hits 15-month High",stocks,"Facebook | Meta Platforms, Inc. Hits 15-month HighUnited States stocksFacebook | Meta Platforms, Inc. increased to a 15-month high of 272.672023-06-01T17:16:45.563"
US 30-Year Mortgage Rate Rises to 6-Month High,30 Year Mortgage Rate,"US 30-Year Mortgage Rate Rises to 6-Month HighUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage rose to 6.79% in the week ending May 31st, 2023, the highest since early November, advancing from 6.57% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac. The result is sharply above the fixed rate of 5.09% in the corresponding period of the previous year, aligned with the aggressive tightening rate by the Federal Reserve. “Mortgage rates jumped this week, as a buoyant economy has prompted the market to price-in the likelihood of another Federal Reserve rate hike,” said Sam Khater, Freddie Mac’s Chief Economist. “Although there has been a steady flow of purchase demand around rates in the low to mid six percent range, that demand is likely to weaken as rates approach seven percent.”2023-06-01T16:26:00"
US Crude Inventories Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 4.488 million barrels in the week ending May 26, 2023, compared with market expectations of a 1.386 million draw, data from the EIA Petroleum Status Report showed. Also, distillate stockpiles, which include diesel and heating oil, went up by 985 thousand barrels, more than the consensus for an 862 thousand rise. On the other hand, gasoline inventories fell by 207 thousand, less than forecasts of a 497 thousand decline.  2023-06-01T15:15:00"
Dollar Falls on Expectations of a Pause in Rate Hikes,Currency,"Dollar Falls on Expectations of a Pause in Rate HikesUnited States CurrencyThe dollar index fell below 103.9 on Thursday, the lowest in nearly a week, as fresh data and comments from some Fed officials raised bets the central bank will pause the tightening cycle when it meets in about two weeks. Unit labour costs rose less than expected in Q1 and the slump in productivity was revised lower, while the ISM PMI showed the manufacturing sector contracted for a 7th month. On the other hand, initial jobless claims and the ADP report beat forecasts. Also, Fed Governor Philip Jefferson and Philadelphia Fed President Patrick Harker suggested the central bank would skip a rate hike in the next meeting. Meanwhile, the House of Representatives approved the Fiscal Responsibility Act of 2023 by a vote of 314-117 on Wednesday evening. The bill is now headed to the Senate and is expected to be approved before the June 5th default deadline.2023-06-01T14:47:00"
US Natural Gas Stocks Rise More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 110 billion cubic feet of gas into storage during the week ended May 26, 2023, slightly more than market expectations of a 106 bcf increase as mild weather limited demand for the fuel for both heating and cooling. That compared with an increase of 82 bcf in the same week last year and a five-year (2018-2022) average increase of 101 bcf. Last week's increase brought stockpiles to 2.446 trillion cubic feet (tcf), 557 bcf higher than last year and 349 bcf above the five-year average of 2.097 bcf. At 2.33446 tcf, total working gas is within the five-year historical range.2023-06-01T14:39:07.32"
Goldman Sachs Hits 9-week Low,stocks,Goldman Sachs Hits 9-week LowUnited States stocksGoldman Sachs decreased to a 9-week low of 317.322023-06-01T14:31:25.987
US Treasury Yields Reverse Gains,Government Bond 10Y,"US Treasury Yields Reverse Gains United States Government Bond 10YThe yield on the US 10-year Treasury note fell to around 3.6% on Thursday, back to levels not seen in nearly two weeks, as traders digest fresh data and the monetary policy outlook. Unit labour costs rose less than expected in Q1 and the slump in productivity was revised lower, while the ISM PMI showed the manufacturing sector contracted for a 7th month. On the other hand, initial jobless claims and the ADP report beat forecasts. Investors now assign a higher 71% chance of a pause in the current tightening cycle when the Fed meets in nearly two weeks. Comments from Fed Governor Philip Jefferson and Philadelphia Fed President Patrick Harker also suggested the central bank will leave rates steady in June. Meanwhile, the House of Representatives approved the Fiscal Responsibility Act of 2023 by a vote of 314-117 on Wednesday evening. The bill is now headed to the Senate and is expected to be approved before the June 5th default deadline.2023-06-01T14:30:00"
US Manufacturing PMI Revised Slightly Lower: S&P Global,Manufacturing PMI,"US Manufacturing PMI Revised Slightly Lower: S&P GlobalUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was revised slightly lower to 48.4 in May of 2023 from a preliminary of 48.5 driven by a solid contraction in new orders amid muted demand conditions. Efforts to run down stocks were met by a steeper contraction in purchasing activity, hinting at lower production growth in the coming months. Sharply falling demand for inputs contributed to an unprecedented improvement in vendor performance. On the other hand, output and employment continued to increase, as firms expanded their capacity to fulfill existing backlogs of work amid improved supply conditions. On the price front, input costs fell for the first time since May 2020. The decrease in costs contributed to the slowest rise in selling prices for almost three years as firms also sought to become more competitive and boost new sales. Also, the degree of confidence was solid overall. 2023-06-01T13:50:00"
Boeing Hits 5-week High,stocks,Boeing Hits 5-week HighUnited States stocksBoeing increased to a 5-week high of 208.652023-06-01T13:37:32.443
US Unit Labour Costs Revised Lower,Labour Costs,"US Unit Labour Costs Revised LowerUnited States Labour CostsUnit labor costs in the US nonfarm business sector rose an annualized 4.2 percent in the first quarter of 2023, less than preliminary estimates of 6.3 percent and below market expectations of a 6 percent gain, revised data showed. It reflects a 2.1 percent increase in hourly compensation and a 2.1 percent decrease in productivity. Year-on-year, labor costs were up 3.8 percent, easing from a 4.9 percent advance in Q4.
2023-06-01T12:41:12.51"
Dollar General earnings below expectations at 2.34 USD,Earnings,"Dollar General earnings below expectations at 2.34 USDUnited States EarningsDollar General (DG) released earnings per share at 2.34 USD, compared to market expectations of 2.39 USD.2023-06-01T11:00:31.543"
US Treasury Yields Rebound,Government Bond 10Y,"US Treasury Yields ReboundUnited States Government Bond 10YThe yield on the US 10-year Treasury note edged higher to approach 3.7% on Thursday, as investors follow the votes on the debt deal. The House of Representatives approved the Fiscal Responsibility Act of 2023 by a vote of 314-117 on Wednesday evening. The bill is now headed to the Senate and is expected to be approved before the June 5th default deadline. Meanwhile, traders pushed back expectations of a 25bps rate hike from the Fed in June after comments from Fed Governor Philip Jefferson and Philadelphia Fed President Patrick Harker suggested the central bank will leave rates steady in June. Investors now assign a nearly 64% change of a pause in the current tightening cycle when the Fed meets in nearly two weeks. However, crucial economic data scheduled for release this week including the payrolls report and the ISM Manufacturing PMI should provide further clarity on the economic strength. The JOLTS report showed an unexpected rise in job vacancies to 10 million.2023-06-01T07:46:19.517"
Dollar Subdued as Fed Outlook Mulled,Currency,"Dollar Subdued as Fed Outlook MulledUnited States CurrencyThe dollar index was subdued around 104.2 on Thursday after easing from over two-month highs in the previous session, as investors reassessed the outlook for Federal Reserve monetary policy.  Fed Governor and vice chair nominee Philip Jefferson said on Wednesday that “skipping a rate hike at a coming meeting would allow the Committee to see more data before making decisions about the extent of additional policy firming.” He added that any decision to hold rates steady should not be viewed as the end of the tightening cycle. Markets have now trimmed the chances that the Fed will raise rates by 25 basis points to merely 26%, just a day after seeing a 67% chance. Safe-haven demand for the dollar also eased after the US House of Representatives passed the bill to raise the debt ceiling with broad bipartisan support, advancing it to the Senate ahead of the June 5 deadline.2023-06-01T03:37:00"
US Crude Oil Inventories Unexpectedly Rise: API,API Crude Oil Stock Change,"US Crude Oil Inventories Unexpectedly Rise: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US rose by 5.202 million barrels in the week ended May 26th, 2023, after a 6.799 million barrels decline in the previous week. It pointed to the biggest weekly gain since the week ended on February 24th, 2023, beating market expectations of a 1.22 million barrel decrease, data from the API's Weekly Statistical Bulletin showed. 
2023-05-31T20:34:00"
Exxon Mobil Hits 9-week Low,stocks,Exxon Mobil Hits 9-week LowUnited States stocksExxon Mobil decreased to a 9-week low of 102.022023-05-31T17:37:14.547
Texas Service Sector Outlook Worsens,Dallas Fed Services Index,"Texas Service Sector Outlook WorsensUnited States Dallas Fed Services IndexThe Dallas Fed general business activity index for Texas' service sector fell to -17.3 in May of 2023 from -14.4 in April, worse than market forecasts of -16, in a sign perceptions of broader business conditions continued to worsen. Decreases were seen in employment (4.2 vs 5.5), input prices (31.8 vs 35.5) and wage pressures (16.6 vs 18.4) while activity growth was steady (revenues index at 6.9 vs 6.9 in April). Also, capital expenditures increased slightly (11.5 vs 10.3). Meanwhile, the company outlook index worsened a bit to -9.5 from -9.4 and the outlook uncertainty index fell to 15.8 from 16.1. At the same time, the future general business activity index decreased to -13.2 from -13. 
2023-05-31T14:46:21.937"
Intel Hits 4-week High,stocks,Intel Hits 4-week HighUnited States stocksIntel increased to a 4-week high of 31.732023-05-31T14:24:28.877
US Job Quits Continue to Fall,Job Quits,"US Job Quits Continue to FallUnited States Job QuitsThe number of job quits in the United States decreased by 49K from the previous month to 3.79 million in April of 2023, the lowest level since March of 2021 and falling further from the record peak of roughly 4.5 million quits reached in November 2021. Quits increased mostly in wholesale trade (29K) but decreased in state and local government, excluding education (-18K). The quits rate, which measures the proportion of voluntary job leavers among total employment, fell to 2.4% from 2.5%.2023-05-31T14:06:27.647"
Coca-Cola Hits 11-week Low,stocks,Coca-Cola Hits 11-week LowUnited States stocksCoca-Cola decreased to a 11-week low of 59.42023-05-31T14:00:06.29
Chicago Business Barometer Drops in May,Chicago PMI,"Chicago Business Barometer Drops in MayUnited States Chicago PMIThe Chicago Business Barometer, also known as the Chicago PMI, fell to 40.4 points in May 2023, down from an eight-month high of 48.6 in April and well below market forecasts of 47. The reading marked the ninth consecutive month of contraction in business activity in the Chicago region, but one that was the softest since November last year.2023-05-31T13:55:00"
Caterpillar Hits 4-week Low,stocks,Caterpillar Hits 4-week LowUnited States stocksCaterpillar decreased to a 4-week low of 207.022023-05-31T13:48:25.817
Chevron Hits 10-week Low,stocks,Chevron Hits 10-week LowUnited States stocksChevron decreased to a 10-week low of 151.152023-05-31T13:34:27.533
US Treasury Yields Continue to Fall,Government Bond 10Y,"US Treasury Yields Continue to FallUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell to under 3.7%, well below 3.85% touched last week, as investors await the votes on the debt deal. The House of Representatives is expected to vote on the bill today after it was cleared in the House Rules Committee with a 7-6 majority. If the bill passes the House, it will then go to the Senate. Still, several Republicans have stated that they will not vote in favor of it. Yields on lower-maturity bonds which carry a higher risk of default, extended the decline from recent highs, with the 4-week bill falling to below 5.3%. Meanwhile, markets have now assigned a higher probability for a 25bps rate hike in the fed funds rate in June. Key economic data due this week including the payrolls report and the ISM Manufacturing PMI should provide further clarity on the economic strength. 2023-05-31T11:42:00"
US Mortgage Rates Highest since November: MBA,Mortgage Rate,"US Mortgage Rates Highest since November: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) in the United States jumped by 22bps to 6.91% in the week ended May 26th, reaching the highest level since early November. Mortgage rates have been on the rise in the last three weeks, mirroring the upward trend of the 10-year Treasury note yield, amid uncertainty regarding the US debt ceiling and expectations the Fed will keep interest rates higher for longer. 2023-05-31T11:10:00"
Dollar Set for Monthly Gain,Currency,"Dollar Set for Monthly GainUnited States CurrencyThe dollar index held above 104 on Wednesday and was on track to gain nearly 3% in May, underpinned by strong US economic data which bolstered expectations that the Federal Reserve could tighten policy again in June and hold interest rates higher for longer. Data released on Friday showed that PCE prices in the US, the Federal Reserve’s preferred inflation gauge, rose more than expected in April. US consumer spending and durable goods orders also exceeded forecasts in April, indicating that the US economy remains resilient in the face of higher interest rates. Markets are now pricing in a higher chance that the Fed will deliver another 25 basis point rate hike in June, a shift from previous expectations for a pause in the tightening cycle. The dollar also found support after President Biden and House Speaker McCarthy struck a tentative debt ceiling deal over the weekend and expressed confidence that both Democrats and Republicans will support the agreement.2023-05-31T04:07:00"
Nike Hits 23-week Low,stocks,Nike Hits 23-week LowUnited States stocksNike decreased to a 23-week low of 106.992023-05-30T16:38:43.983
Dallas Fed Manufacturing Index at 3-Year Low,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index at 3-Year LowUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas’ general business activity index for manufacturing in Texas sank by 5.7 points from the previous month to -29.1 in May of 2023, the lowest since the pandemic-induced crash in the second quarter of 2020. The production index swung to the negative territory (-1.3 vs 0.9 in April), while new order levels extended their poor momentum to the twelfth consecutive month of contraction (-16.1 vs -9.6) and the growth rate of new orders sank at a faster pace (-20.7 vs -11.1). On the other hand, the employment gauge added some relief (9.6 vs 8). Looking ahead, expectations for the growth rate of orders sank (-2 vs 3.9), while the optimism on new order levels slowed (3.7 vs 7.7). Still, improvements were seen for future production expectations (12 vs 3) and employment levels (24.8 vs 23.2).2023-05-30T14:38:00"
American Express Hits 4-week High,stocks,American Express Hits 4-week HighUnited States stocksAmerican Express increased to a 4-week high of 158.382023-05-30T13:51:20.847
US House Prices Fall for 1st Time since 2012,Case Shiller Home Price Index YoY,"US House Prices Fall for 1st Time since 2012United States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US fell 1.1% yoy in March 2023, the first decline since May 2012, and compared to forecasts of a 1.6% drop. Seattle (-12.4%), San Francisco (-11.2%) and San Diego (-5.3%) reported the biggest declines, while Miami (7.7%), Tampa (4.8%), and Charlotte (4.7%), replacing Atlanta in third place, saw the highest annual gains. Compared to February, prices in 20 cities jumped 1.5% and increased 1.3% nationally according to non-seasonally adjusted data, rising in all 20 cities (versus in 12 in February). “Two months of increasing prices do not a definitive recovery make, but March’s results suggest that the decline in home prices that began in June 2022 may have come to an end. That said, the challenges posed by current mortgage rates and the continuing possibility of economic weakness are likely to remain a headwind for housing prices for at least the next several months”, says Craig Lazzara, Managing Director at S&P DJI.2023-05-30T13:09:00"
S&P and Nasdaq Futures Higher,Stock Market,"S&P and Nasdaq Futures HigherUnited States Stock MarketS&P 500 futures were up 0.3% and contracts on the Nasdaq 100 gained almost 0.9% on Tuesday, pushed higher by AI-related stocks. Shares of Nvidia rose almost 4% in premarket trading, extending gains from last week, and on track to reach $1 trillion market cap. Stocks of Advanced Micro Devices, Intel, Qualcomm and Meta were also in the green in premarket. Meanwhile, contracts on the Dow Jones futures were falling nearly 50 points, as investors track votes on the debt ceiling. President Biden and House Speaker McCarthy reached a tentative deal in a phone call late on Saturday. The bill will suspend the debt ceiling until January 1, 2025, and federal spending will be capped for the next two years. A vote by the House will likely happen Wednesday, before it goes to the Senate. This week, investors will also keep a close eye on a batch of economic data, including the payrolls report and the ISM Manufacturing PMI, and some earnings report from HP, Salesforce and Macy's.2023-05-30T11:43:00"
Dollar Index Hits 10-week High,currency,Dollar Index Hits 10-week HighUnited States currencyDXY increased to a 10-week high of 104.462023-05-30T05:44:09.723
US Futures Rise as Debt Ceiling Deal Reached,Stock Market,"US Futures Rise as Debt Ceiling Deal ReachedUnited States Stock MarketUS stock futures rose on Tuesday after the Biden administration and Republican lawmakers reached a tentative deal on raising the US debt ceiling, removing a source of uncertainty in the markets. Nasdaq 100 futures jumped 0.4%, S&P 500 futures gained 0.3% and Dow futures added 0.2%. President Biden and House Speaker Kevin McCarthy reached a tentative deal in a phone call late on Saturday and showed confidence it would pass in Congress. The bill will suspend the debt ceiling until January 1, 2025, and federal spending will be capped for the next two years. US stock and bond markets were closed Monday for the Memorial Day holiday. Investors now look ahead to a fresh batch of economic data this week including the May jobs report and the ISM Manufacturing PMI. 2023-05-30T00:33:00"
"US Stocks Surge, Tech Rally Continues",Stock Market,"US Stocks Surge, Tech Rally ContinuesUnited States Stock MarketUS equities surged on hopes of a debt ceiling deal, with Dow Jones up 329 points and S&P 500 rising 1.3%. Nasdaq Composite jumped 2.2%, driven by Marvell's 32% spike after strong revenue projections due to AI technologies, in line with Nvidia on Thursday. Treasury Secretary Yellen announced the department expects to be able to make payments on US debts up until June 5, buying time for debt ceiling talks. It comes after White House and Republican negotiators appeared to be closing in on a compromise agreement to raise the debt ceiling for two years but were still clashing Friday. The positive mood persisted despite hotter-than-expected PCE inflation data, reinforcing bets the Federal Reserve will maintain its hawkish stance and keep interest rates elevated for an extended period. On the corporate front, retailer GAP soared 12% after the company's earnings beat on the upside. For the week, the Dow lost 1% while the S&P went up 0.3% and the Nasdaq notched its fifth straight week of wins.2023-05-26T20:30:00"
Amazon Hits 30-week High,stocks,Amazon Hits 30-week HighUnited States stocksAmazon increased to a 30-week high of 118.622023-05-26T14:31:23.827
US Consumer Sentiment Revised Higher but Remains Lowest in 6 Months,Consumer Confidence,"US Consumer Sentiment Revised Higher but Remains Lowest in 6 MonthsUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised higher to 59.2 in May of 2023 from an initial estimate of 57.7, but remaining the lowest level in six months, amid worries about the path of the economy. This decline mirrors the 2011 debt ceiling crisis, during which sentiment also plunged, according to Surveys of Consumers Director Joanne Hsu. The expectations gauge was revised to 55.4 from 53.4 and the current economic conditions subindex to 64.9 from 64.5. Inflation expectations were also revised lower for both the year ahead (4.2% vs 4.5% in the preliminary estimate) and the five-year outlook (3.1% vs 3.2%).2023-05-26T14:06:00"
Dollar Heads for Third Straight Weekly Gain,Currency,"Dollar Heads for Third Straight Weekly GainUnited States CurrencyThe dollar index held near two-month highs above 104 on Friday and was headed for its third straight weekly advance, lifted by growing expectations that US interest rates could stay elevated for longer than previously anticipated. The most recent PCE inflation data exceeded market expectations, leading to speculations that the Federal Reserve will maintain its hawkish stance and keep rates elevated for an extended period. Moreover, personal spending rose more than expected, and durable goods orders unexpectedly increased. Meanwhile, it looked like the White House and Republicans narrowed the differences and it is likely that the debt deal will be concluded before the deadline.2023-05-26T12:59:00"
US 10-Year Yield Bounces Back to Over 2-Month High,Government Bond 10Y,"US 10-Year Yield Bounces Back to Over 2-Month HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note climbed above 3.83%, reaching its highest level since March 9, boosted by stronger-than-expected data, which raised expectations of additional tightening by the Federal Reserve. The core PCE inflation, the Fed's preferred inflation gauge, rose to 4.7% in April, surpassing expectations of 4.6%. Also, personal spending rose more than expected, and durable goods orders unexpectedly increased. Meanwhile, investors are eagerly awaiting updates on the ongoing debt ceiling negotiations. A deal between Republican and White House negotiators is nearing completion, according to some sources, further adding to the volatility in the market. US stock and bond markets are closed Monday for the Memorial Day holiday.2023-05-26T12:49:00"
US Goods Trade Gap Widens More than Expected,Goods Trade Balance,"US Goods Trade Gap Widens More than Expected United States Goods Trade BalanceThe US trade deficit in goods widened to USD 96.8 billion in April of 2023 from the upwardly revised USD 84.6 billion in the previous month, compared to market expectations of a USD 85.7 billion gap,  an advance estimate showed. Exports fell by 5.5% from the previous month to USD 163.3 billion, mainly due to declines in sales of industrial supplies (-9.8% to USD 58.4 billion) and consumer goods (-7.4% to USD 20.8 billion). On the other hand, imports rose by 1.8% to USD 260 billion, led by higher purchases of automotive vehicles (6% to USD 37.2 billion), industrial supplies (2.7% to USD 59.3 billion) and consumer goods (2.2% to USD 65.9 billion).2023-05-26T12:45:00"
United States Wholesale Inventories Edge Down,Wholesale Inventories,"United States Wholesale Inventories Edge DownUnited States Wholesale InventoriesWholesale inventories in the US decreased 0.2% month-over-month in April 2023 from the 0.3% drop in March, missing the market expectations of a zero change, preliminary estimates showed. Inventories fell for nondurables by 1.1%, accelerating a 0.5% decline in the previous period, but went up by 0.4% for durables, following 0.1% drop. Compared to a year earlier, wholesale inventories jumped 6.2%.2023-05-26T12:41:00"
US PCE Inflation Accelerates in April,PCE Price Index Annual Change,"US PCE Inflation Accelerates in AprilUnited States PCE Price Index Annual ChangeThe personal consumption expenditure price index in the United States rose 4.4 percent year-on-year in April 2023, accelerating from a 4.2 percent advance in the previous month. Prices for goods increased 2.1 percent, up from 1.6 percent in March, and prices for services increased 5.5 percent, the same as in the prior month. Meanwhile, food inflation eased to 6.9 percent from 8 percent and energy prices decreased 6.3 percent, following a 9.8 percent fall. Excluding food and energy, the PCE price index increased 4.7 percent from one year ago, above market expectations of 4.6 percent.2023-05-26T12:39:00"
US Core PCE Inflation Tops Forecast,Core PCE Price Index Annual Change,"US Core PCE Inflation Tops ForecastUnited States Core PCE Price Index Annual ChangeThe US core PCE price index, the Federal Reserve’s preferred gauge to measure inflation, rose by 4.7% annually in April of 2023, accelerating from 4.6% in the previous month. The result overshot market expectations of 4.6%, raising bets that the Federal Reserve will commit to its hawkish stance and leave rates elevated for a prolonged period.2023-05-26T12:38:00"
US PCE Inflation Picks Up in April,PCE Price Index Monthly Change,"US PCE Inflation Picks Up in AprilUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States went up 0.4 percent month-over-month in April 2023, following a 0.1 percent increase in March. Prices for goods increased 0.3 percent, rebounding from a 0.2 percent fall in the previous month and services inflation accelerated to 0.4 percent from 0.3 percent. Food prices decreased less than 0.1 percent (vs -0.2 percent), and energy prices increased 0.7 percent, after a 3.7 percent decline. Excluding food and energy, the PCE price index rose 0.4 percent, above market expectations of 0.3 percent. 
2023-05-26T12:37:00"
"US Personal Income Rises 0.4%, in Line with Forecasts",Personal Income,"US Personal Income Rises 0.4%, in Line with ForecastsUnited States Personal IncomePersonal income in the United States rose by 0.4% mom in April of 2023, compared to a 0.3% rise in March and matching market forecasts. It is the highest gain in three months, primarily reflecting increases in compensation, namely private wages and salaries and personal income receipts on assets, both personal interest income and personal dividend income. On the other hand, personal current transfer receipts decreased, led by “other” government social benefits.2023-05-26T12:32:00"
US 10-Year Treasury Yield Eases Slightly,Government Bond 10Y,"US 10-Year Treasury Yield Eases Slightly United States Government Bond 10YThe yield on the US 10-year Treasury note edged slightly lower to 3.78% on Friday, but remained close to over two-month highs, as investors await any developments on the debt ceiling negotiations. News reported that a deal between Republican and White House negotiators appears to be close. At the same time, traders will keep a close eye on PCE inflation due early in the morning. On Thursday, an upward revision to GDP growth in Q1 and a smaller-than-expected jobless claims figure reinforced bets the Fed will leave interest rates higher for longer. The odds for a pause in the tightening cycle currently stand at 63% while nearly 37% of investors expect a 25bps increase in the fed funds rate next month.2023-05-26T11:15:58.323"
Pinduoduo earnings above expectations at 6.92 USD,Earnings,"Pinduoduo earnings above expectations at 6.92 USDUnited States EarningsPinduoduo (PDD) released earnings per share at 6.92 USD, compared to market expectations of 4.47 USD.2023-05-26T11:00:37.81"
US Futures Ease as Debt Ceiling Talks Eyed,Stock Market,"US Futures Ease as Debt Ceiling Talks EyedUnited States Stock MarketUS stock futures eased on Friday as investors cautiously awaited updates on the ongoing debt ceiling negotiations in Washington. Dow and S&P 500 futures fell about 0.2%, while Nasdaq 100 futures lost 0.1%. In extended trading, Gap, Marvell Technology and Workday jumped on upbeat earnings reports, while Ulta Beauty and RH dropped on disappointing results. In regular trading on Thursday, the Nasdaq Composite S&P 500 gained 1.71% and 0.88%, respectively, after an earnings beat and stronger-than-expected revenue guidance from Nvidia fueled a rally in semiconductor and AI-related companies as well as the broader technology sector. Meanwhile, the Dow shed 0.11%, sliding for the fifth straight session following a sharp decline in Intel shares. Investors now turn their focus on the debt ceiling talks after a Reuters report said progress was made on Thursday with stakeholders needing to agree on just $70 billion in spending.2023-05-26T00:20:00"
Costco Wholesale earnings below expectations at 2.93 USD,Earnings,"Costco Wholesale earnings below expectations at 2.93 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 2.93 USD, compared to market expectations of 3.30 USD.2023-05-25T20:30:25.683"
Nasdaq and S&P 500 Gain Boosted by Nvidia,Stock Market,"Nasdaq and S&P 500 Gain Boosted by Nvidia United States Stock MarketThe Nasdaq closed 1.7% lower while the S&P 500 gained 0.9% as investors shrugged off debt concerns and welcomed Nvidia's quarterly results. Nvidia surged 26% to approach a $1 Trillion valuation as its earnings and revenue beat and the company reported a stronger-than-expected revenue guidance driven by AI chip demand. On the other hand, the Dow fell for 5th session dragged down by Intel shares. Meanwhile, US government debt negotiations failed again to reach an agreement but key GOP Representative Patrick McHenry said that the list of issues dividing the two camps had grown shorter. 2023-05-25T20:21:04.227"
US 30-Year Mortgage Rate Rises to 6.57%,30 Year Mortgage Rate,"US 30-Year Mortgage Rate Rises to 6.57%United States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage increased to 6.57% in the week ending May 24, 2023, the highest in 2 months, and up from 6.39% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac. A year ago, the 30-year fixed rate was 5.1%. ""The U.S. economy is showing continued resilience which, combined with debt ceiling concerns, led to higher mortgage rates this week. Dampened affordability remains an issue for interested homebuyers and homeowners seem unwilling to lose their low rate and put their home on the market. If this predicament continues to limit supply, it could open up an opportunity for builders to help address the country’s housing shortage."" Meanwhile, the 15-year fixed-rate mortgage averaged 5.97%, the highest since November of 2022. 2023-05-25T18:22:00"
Dow Falls for 5th Session,Stock Market,"Dow Falls for 5th SessionUnited States Stock MarketDow Jones fell for a fifth session on Thursday as investors remained concerned about the sustainability of US government debt as the negotiations failed again to achieve any significant breakthrough. In the latest twist, the White House said that a virtual meeting took place on Thursday morning. On the other hand, the Nasdaq was up more than 2% while the S&P 500 gained 0.6% on Nvidia fuelled tech rally. Nvidia surged more than 25% as earnings and revenue beat and the company reported a stronger-than-expected revenue guidance driven by AI chip demand. Meanwhile, fresh data showed the US economy grew more than initially estimated in Q1 and jobless claims rose less than expected, reinforcing the need for more hikes from the Fed.2023-05-25T16:44:00"
J&J Hits 7-week Low,stocks,J&J Hits 7-week LowUnited States stocksJ&J decreased to a 7-week low of 154.112023-05-25T15:49:10.777
Kansas Fed Factory Activity Remained Mostly Steady,Kansas Fed Manufacturing Index,"Kansas Fed Factory Activity Remained Mostly SteadyUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production index increased to -2 in May 2023 from -21 in the previous month, above market expectations of -11. The increase was driven by both durable and non-durable goods, especially by paper, primary metal, and miscellaneous durable goods manufacturing. The production, volume of shipments, volume of new orders, number of employees, and finished goods inventories indexes all increased closer to their March levels after a significant decline in April. The average employee workweek and new orders indexes decreased slightly over the last month. All year-over-year indexes increased or stayed close to their April levels, with the exception of the price indexes which cooled. The future composite index was modestly positive, at 2. Most indexes of expectations for activity in six months remained similar to last month, except for increases in new orders and backlog of orders and cooling in the price indexes.2023-05-25T15:04:58.277"
US Natural Gas Stocks Rise Less than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise Less than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 96 billion cubic feet of gas into storage during the week ended May 19, 2023, slightly less than market expectations of a 100 bcf increase as mild weather limited demand for the fuel for both heating and cooling. That compared with an increase of 88 bcf in the same week last year and a five-year (2018-2022) average increase of 96 bcf. Last week's increase brought stockpiles to 2.336 trillion cubic feet (tcf), 529 bcf higher than last year and 340 bcf above the five-year average of 1.996 bcf. At 2.336 tcf, total working gas is within the five-year historical range.2023-05-25T14:44:00"
Walt Disney Hits 20-week Low,stocks,Walt Disney Hits 20-week LowUnited States stocksWalt Disney decreased to a 20-week low of 88.42023-05-25T14:07:33.71
Chicago Fed Index Rebounds,Chicago Fed National Activity Index,"Chicago Fed Index ReboundsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index increased to a three-month high of 0.07 in April of 2023 from a downwardly revised -0.37 in March. Production-related indicators contributed 0.15 after having contributed -0.17 in March; employment-related indicators contributed 0.01, after -0.03; and the sales, orders and inventories category -0.04 compared with - 0.10 in March. Also, the personal consumption and housing category contributed -0.04 compared with -0.06 in the previous month. Meanwhile, the three-month moving average fell to -0.22 in April from -0.12 and the CFNAI Diffusion Index, which is also a three-month moving average, moved down to -0.19 from -12.2023-05-25T13:54:00"
Nasdaq Gets a Boost from Nvidia,Stock Market,"Nasdaq Gets a Boost from NvidiaUnited States Stock MarketThe Nasdaq opened 1.4% higher and the S&P 500 was up 0.6% on Thursday, as the tech sector got a boost from a 25% rally in Nvidia shares. Nvidia's earnings and revenue beat and the company also reported a stronger-than-expected revenue guidance driven by AI chip demand. On the other hand, the Dow Jones fell over 100 points as the debt ceiling impasse continued to weigh on investors' mood with Fitch Ratings putting the US on credit watch for a possible downgrade. House Speaker McCarthy said today that negotiators have made some progress and that he instructed his team to work 24 hours to get the deal. Meanwhile, fresh data showed US economy grew more than initially estimated in Q1 and jobless claims rose less than expected, reinforcing the need for more hikes from the Fed. 2023-05-25T13:37:00"
Merck & Co Hits 4-week Low,stocks,Merck & Co Hits 4-week LowUnited States stocksMerck & Co decreased to a 4-week low of 112.362023-05-25T13:33:43.187
Intel Hits 9-week Low,stocks,Intel Hits 9-week LowUnited States stocksIntel decreased to a 9-week low of 28.262023-05-25T13:30:01.16
Microsoft Hits 16-month High,stocks,Microsoft Hits 16-month HighUnited States stocksMicrosoft increased to a 16-month high of 323.232023-05-25T13:30:00.953
US 10-Year Yield at Over 2-Month High,Government Bond 10Y,"US 10-Year Yield at Over 2-Month HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note continued to climb, reaching 3.8% and marking a new high since March 9th, as investors processed stronger-than-anticipated economic data and closely monitored developments related to the ongoing US debt ceiling negotiations. Jobless claims remained at levels indicative of a relatively tight labor market, leaving room for potential interest rate hikes by the Federal Reserve. Additionally, the first-quarter GDP growth was revised upward to 1.3%, primarily supported by robust consumer spending. In other news, US House Speaker Kevin McCarthy stated that negotiators had made some progress in discussions to raise the US debt limit. However, a final agreement had not yet been reached. DBRS Morningstar and Fitch have taken the step of placing the credit rating for the US under review for a potential downgrade, due to concerns over the potential consequences if Congress fails to promptly raise or suspend the debt ceiling.2023-05-25T13:02:00"
DXY Extends Gains to Over 2-Month High,Currency,"DXY Extends Gains to Over 2-Month HighUnited States CurrencyThe dollar index continued its upward momentum, surpassing 104 on Thursday and reaching its highest level in over two months, following House Speaker McCarthy's statement about progress in debt ceiling negotiations after the US received a sovereign rating watch. Additionally, recent data indicates the resilience of the US economy to the Federal Reserve's aggressive tightening measures, with Q1 GDP growth being revised higher, despite a 6.8% decline in corporate profits. Moreover, figures highlight a robust labor market as weekly claims rose less than expected, potentially reducing the likelihood of interest rate cuts this year. The latest FOMC minutes revealed differing views among members, with some advocating for additional rate hikes while others anticipated a reduced need for further tightening due to decelerating growth.2023-05-25T12:57:00"
Nasdaq 100 and S&P 500 Futures Extend Gains,Stock Market,"Nasdaq 100 and S&P 500 Futures Extend GainsUnited States Stock MarketContracts on the Nasdaq 100 futures extended gains to 2.3% and the S&P 500 was up 0.9% on Thursday, as the tech sector got a boost from a 24% rally in Nvidia shares during premarket hours. Nvidia's earnings and revenue beat and the company also reported a stronger-than-expected revenue guidance driven by AI chip demand. Meanwhile, Dow Jones futures pared early losses to trade close to the flatline, after House Speaker McCarthy said negotiators have made some progress on talks to raise the US debt limit and that he instructed his team to work 24 hours to get the deal. 2023-05-25T12:54:00"
DBRS Morningstar Puts US Credit Rating Under Review,Credit Rating,"DBRS Morningstar Puts US Credit Rating Under ReviewUnited States Credit RatingDBRS Morningstar joined Fitch as the second credit rating agency to place its rating for the United States under review for a potential downgrade on Thursday. This action was taken in response to the ongoing negotiations and disagreements in Washington regarding the borrowing limits of the country. In a statement, DBRS Morningstar expressed that the ""Under Review with Negative Implications"" status was a reflection of the risk associated with the possibility of Congress failing to timely increase or suspend the debt ceiling. The agency further emphasized that if no action is taken, the US federal government may face challenges in meeting all its financial obligations.2023-05-25T12:17:00"
Fitch Puts US Rating on Negative Watch,Credit Rating,"Fitch Puts US Rating on Negative WatchUnited States Credit RatingRatings agency Fitch has taken a negative stance on the United States' ""AAA"" rating, placing it under watch, as ongoing discussions regarding the country's debt ceiling continue. The agency specifically highlighted the growing political partisanship that is impeding the progress towards a resolution to raise or suspend the debt limit, despite the impending x date. Fitch emphasized that the failure to reach an agreement before the x date would send a negative signal about the overall governance and willingness of the U.S. to fulfill its obligations promptly, which would be inconsistent with maintaining a 'AAA' rating.2023-05-25T06:45:00"
Dollar Scales Over 2-Month Highs,Currency,"Dollar Scales Over 2-Month HighsUnited States CurrencyThe dollar index topped the 104 mark on Thursday, scaling its highest levels in over two months as signs that the US economy could withstand the Federal Reserve’s aggressive tightening campaign and hawkish remarks from central bank officials prompted investors to scale back bets for interest rate cuts this year. The latest FOMC minutes also revealed that some members saw the need for more rate hikes this year, while others anticipated that decelerating growth would eliminate the requirement for further tightening. The currency benefited as well, ironically, from safe-haven demand amid mounting concerns about a potential US debt default, with Fitch Ratings saying that the ongoing debt ceiling negotiations have raised the risks that the government could miss payments on some of its obligations.2023-05-25T03:19:00"
DXY Hits Fresh 2-Month High,Currency,"DXY Hits Fresh 2-Month HighUnited States CurrencyThe US dollar index climbed to 103.8, reaching its highest level in two months, driven by safe-haven demand amid mounting concerns about a potential US default. House Speaker Kevin McCarthy's remarks that negotiators were still divided on spending caps, with Democrats joining the discussion late, added to the unease. Treasury Secretary Janet Yellen further heightened fears by warning of a ""highly likely"" default in early June. Additionally, the FOMC minutes revealed that policymakers were less certain about the need for further interest rate hikes.2023-05-24T18:27:00"
US 10-Year Yield Holds at Over 2-Month High,Government Bond 10Y,"US 10-Year Yield Holds at Over 2-Month HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note remained slightly above 3.7%, staying close to its highest level since March 9th as investors were monitoring the ongoing debt ceiling negotiations and digesting the recently released Federal Reserve's policy meeting minutes. During the May meeting, US policymakers expressed uncertainty regarding the appropriate extent of further policy tightening, considering the delayed effects of previous interest rate hikes and the potential impact on the economy from additional credit tightening. However, members agreed on the importance of maintaining flexibility for future policy decisions. In the meantime, House Speaker Kevin McCarthy stated on Tuesday that a deal to prevent a historic US default had still not been reached.2023-05-24T18:13:00"
US Crude Stocks Post Biggest Draw in Six Months,Crude Oil Stocks Change,"US Crude Stocks Post Biggest Draw in Six MonthsUnited States Crude Oil Stocks ChangeUS crude oil inventories declined by 12.456 million barrels in the week ending May 19, 2023, the most since November 2022 and compared with market expectations of a 0.775 million injection, data from the EIA Petroleum Status Report showed. Also, gasoline inventories fell by 2.053 million, more than forecasts of a 1.051 million draw and distillate stockpiles, which include diesel and heating oil, were down by 0.562 million barrels, compared to consensus for a 0.385 million rise. On the other hand, crude stocks at the Cushing, Oklahoma, delivery hub rose by 1.762 million barrels, the most since end-January.2023-05-24T14:36:00"
The Dow Jones Hit 7-week Low,Stock Market,The Dow Jones Hit 7-week LowUnited States Stock MarketUS30 decreased to a 7-week low of 328212023-05-24T14:02:06.597
US Stocks Extend Losses,Stock Market,"US Stocks Extend LossesUnited States Stock MarketUS stocks were lower on Wednesday, with the Dow Jones falling nearly 200 points to seven-week lows of 32821 while both the S&P 500 and the Nasdaq lost 0.7%, as investors await developments on the debt ceiling standoff. The talks are set to resume today with Republicans claiming the White House shows little urgency in negotiations and Democrats asserting that Speaker McCarthy is unwilling to offer any compromises. Meanwhile, the FOMC minutes due later in the afternoon should provide further clues on the Fed's next move, at a time comments from several officials have sharply reduced bets for a rate cut this year. On the corporate front, shares of Kohl's jumped nearly 15% after the retailer posted a surprise profit and maintained its full-year profit forecasts. Abercrombie & Fitch also topped earnings estimates while Nvidia's earnings report is scheduled for release after the closing bell.2023-05-24T13:33:00"
Visa Hits 7-week Low,stocks,Visa Hits 7-week LowUnited States stocksVisa decreased to a 7-week low of 222.322023-05-24T13:30:11.163
Analog Devices earnings above expectations at 2.83 USD,Earnings,"Analog Devices earnings above expectations at 2.83 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 2.83 USD, compared to market expectations of 2.75 USD.2023-05-24T11:30:25.21"
Mortgage Applications Down for 2nd Week: MBA,Mortgage Applications,"Mortgage Applications Down for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the US declined 4.6% in the week ended May 19th 2023, following a 5.7% drop in the previous week, data from the Mortgage Bankers Association data showed. Applications to refinance a home loan sank 5.4% and those to buy a home fell 4.3%. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) jumped by 12bps to 6.69%, the highest level since early March. “Since rates have been so volatile and for-sale inventory still scarce, we have yet to see sustained growth in purchase applications,” said Joel Kan, MBA’s vice president.2023-05-24T11:05:00"
"US Futures Down as Traders Eye Debt, FOMC Minutes",Stock Market,"US Futures Down as Traders Eye Debt, FOMC MinutesUnited States Stock MarketUS futures were lower on Wednesday, with contracts on the Dow Jones falling more than 100 points, while the S&P 500 lost 0.3% and the Nasdaq 100 dropped 0.2%, as investors await any developments on the debt ceiling standoff. Talks on the government debt limit will continue this week but a deal has not been reached yet. House Speaker Kevin McCarthy said on Tuesday the two sides had yet to reach a deal to avert a first-ever US default. Meanwhile, the FOMC minutes due later in the afternoon will be keenly watched for further clues on the Fed's next move, at a time comments from several officials have sharply reduced bets for a rate cut this year. On the corporate front, shares of Kohl's jumped nearly 12% in premarket hours after the retailer posted a surprise profit and maintained its full-year profit forecasts. Abercrombie & Fitch also topped earnings estimates while Nvidia's earnings report is scheduled for release after the closing bell.2023-05-24T10:58:00"
US Treasury Yields Remain Elevated on Debt Impasse,Government Bond 10Y,"US Treasury Yields Remain Elevated on Debt Impasse United States Government Bond 10YThe yield on the US 10-year Treasury note was around 3.7% on Wednesday, close to levels not seen since mid-March, as investors follow the debt ceiling impasse and the monetary policy outlook. Yields on lower-maturity bonds, which are associated with higher risk of default, have experienced significant increases, with the four-week bill reaching 5.8%. Talks on the government debt limit will continue this week but a deal has not been reached yet. House Speaker Kevin McCarthy said on Tuesday the two sides had yet to reach a deal to avert a first-ever US default. Meanwhile, comments from several Fed officials have been raising bets that interest rates will stay high for longer. The probability of a pause in the rate hike cycle has been falling this week and now stands at 64%, compared to 77% on Tuesday while the likelihood of a 25bps hike rose to 36% from 20% last week. On the other hand, expectations of a rate cut this year decreased. 2023-05-24T07:32:00"
Dollar Hovers Near 2-Month High,Stock Market,"Dollar Hovers Near 2-Month HighUnited States Stock MarketThe dollar index steadied around 103.5 on Wednesday, hovering near its highest levels in two months as investors patiently waited for the outcome of the debt ceiling negotiations in Washington. Another round of talks between President Joe Biden and House Speaker Kevin McCarthy late on Tuesday showed little signs of progress even as the risk of default estimated in early June looms. Hawkish remarks from Federal Reserve officials which bolstered expectations that interest rates will stay higher for longer also supported the dollar. In the latest commentary, Fed’s Bullard suggested the possibility of raising rates by another half-point this year, while Fed's Kashkari described the decision to pause or hike rates in June as a close call. Markets are currently pricing in a pause in the rate hike cycle next month, while scaling back bets on interest rate cuts this year. Investors now look ahead to the minutes from the Federal Reserve’s May meeting on Wednesday.2023-05-24T03:06:00"
US Crude Oil Inventories Fall the Most in Six Months: API,API Crude Oil Stock Change,"US Crude Oil Inventories Fall the Most in Six Months: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US fell by 6.799 million barrels in the week ended May 19th, 2023, the biggest decline in six months, after a 3.69 million barrels increase in the previous week, and compared to market expectation of a 0.525 million barrel increase, data from the API's Weekly Statistical Bulletin showed. 

2023-05-23T20:35:00"
US Stocks Cut Some Losses after PMIs,Stock Market,"US Stocks Cut Some Losses after PMIsUnited States Stock MarketThe Dow Jones was trading around the flatline after falling as much as 173 points early in the session after fresh PMIs showed private sector growth in the US beat forecasts, led by the services sector. Meanwhile, the S&P 500 and the Nasdaq are down nearly 0.2% as investors remain cautious and refrain from making big bets as talks on the debt ceiling are set to resume today. The meeting between President Biden and House Speaker Kevin McCarthy on Monday was productive but failed to produce a deal. Meanwhile, Lowe’s was up nearly 3%, rebounding from losses in premarket hours, after the company beat on earnings but lowered its full-year sales forecast. Also, Chevron surged almost 2% after HSBC upgraded the company's stocks to buy from hold. On the other hand, Zoom was falling 7% despite reporting an upbeat EPS and guidance in line with expectations.
2023-05-23T14:36:00"
US Fifth District Services Index Remains Negative,Richmond Fed Services Index,"US Fifth District Services Index Remains NegativeUnited States Richmond Fed Services IndexThe Fifth District Service Sector Activity Revenues index came in at -10 in May of 2023, from -23 in April and compared with market forecasts of -29. At the same time, the demand index went up to -5 in May from -11 in April, but both indexes remained in negative territory. Expectations for future revenue and demand also improved, with the revenue expectations index edging up to 0 in May from -5 in April and the index for demand expectations rising to 1 in May from -6 in the prior month. Further, the index for current local business conditions rose to -17 in May from -27 in April. However, the index for expected local business conditions did not improve, registering at -20, from -19 in the prior month. Each of the three spending indexes edged up slightly, with the services expenditures index rising the most, to 3 in May from -3 in April. The employment index rose to 0 in May from -4 in April, ending its
steady decline since the beginning of the year, and wages continued to rise.2023-05-23T14:12:00"
US New Home Sales Rise in April,New Home Sales,"US New Home Sales Rise in AprilUnited States New Home SalesSales of new single-family houses in the US unexpectedly jumped 4.1% month-over-month to a seasonally adjusted annualised rate of 683K in April of 2023, the highest level since March last year, and compared to forecasts of 665K. However, data for March 2023 was revised sharply lower to 656K from initial estimates of 683K. In April, sales increased 17.8% to 443K in the South and 11.8% to 76K in the Midwest, but sank 58.6% to 24K in the Northeast and 9.1% to 140K in the West. The median price of new houses sold was $420,800 while the average sales price was $501,000, compared to $458,200 and $562,400 respectively a year ago. There were 433K houses left to sell, corresponding to 7.6 months of supply at the current sales rate.
2023-05-23T14:06:00"
Manufacturing Activity in 5th District Shrinks Further,Richmond Fed Manufacturing Index,"Manufacturing Activity in 5th District Shrinks FurtherUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the Richmond area fell to -15 in May 2023 from -10 in April, the lowest in three months and below market expectations of -8. The shipments index (-13 vs -7 in April) and the new orders index (-29 vs -20) declined while the employment index rose slightly (5 vs 0). Many firms continued to report reductions in orders backlogs and vendor lead time as these indexes remained negative. The average growth rate of prices paid decreased notably, while the average growth rate of prices received edged down slightly in May. Firms expect both growth rates to moderate over the next 12 months. Firms remained pessimistic about local business conditions and the expectations index for future local business conditions also fell.2023-05-23T14:05:00"
US Service Sector Growth Unexpectedly Accelerates,Services PMI,"US Service Sector Growth Unexpectedly AcceleratesUnited States Services PMIThe S&P Global US Services PMI increased to 55.1 in May 2023, up from 53.6 the month before and well above market expectations of 52.6, a preliminary estimate showed. The rate of growth in activity was the fastest for just over a year, with firms linking the upturn to greater demand from new and existing clients.  New orders rose at the fastest rate since April 2022 and new export orders grew for the first time in a year, and at a solid rate. Also, the rate of job creation was the fastest for ten months. On the price front, rates of increase in input prices and output charges were faster than their respective series averages. Looking ahead, confidence picked up to the highest in a year amid hopes of sustained increases in client demand.2023-05-23T13:50:00"
US Building Permits Revised Slightly Higher,Building Permits,"US Building Permits Revised Slightly HigherUnited States Building PermitsBuilding permits in the United States declined by 1.4 percent to a seasonally adjusted annual rate of 1.417 million in April 2023, revised data showed. This marked the second consecutive month of decline, indicating that housing demand remained subdued due to the impact of higher interest rates and rising consumer prices. Permits for the volatile multi-segment tumbled 7.7 percent to a rate of 561 thousand, the lowest since July 2021, while single-family authorizations increased 3.3 percent to a seven-month high of 856 thousand. Permits were down in the Northeast (-27.7 percent to 107 thousand) and Midwest (-14.7 percent to 174 thousand), but were up in the South (4.6 percent to 803 thousand) and West (5.0 percent to 333 thousand).2023-05-23T12:07:32.547"
AutoZone earnings above expectations at 34.12 USD,Earnings,"AutoZone earnings above expectations at 34.12 USDUnited States EarningsAutoZone (AZO) released earnings per share at 34.12 USD, compared to market expectations of 31.41 USD.2023-05-23T11:00:46.343"
Lowe's Companies earnings above expectations at 3.67 USD,Earnings,"Lowe's Companies earnings above expectations at 3.67 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 3.67 USD, compared to market expectations of 3.46 USD.2023-05-23T10:30:33.017"
US Futures Point to Weaker Open,Stock Market,"US Futures Point to Weaker OpenUnited States Stock MarketUS futures lacked direction on Tuesday, with contracts on the Dow Jones futures falling nearly 60 points while both the S&P 500 and the Nasdaq were around the flatline. The debt ceiling impasse remains in the spotlight with President Biden and House Speaker Kevin McCarthy expressing optimism after a meeting on Monday, although a deal on the government debt has not been reached yet and negotiations are set to continue during the week. Treasury Secretary Yellen made another warning that it is highly likely that Treasury will no longer be able to satisfy all of the government’s obligations if Congress has not acted to raise or suspend the debt limit by early June, and potentially as early as June 1st. At the same time, shares of Lowe’s were down nearly 1% in premarket hours after the company lowered its full-year sales forecast. BJ’s Wholesale and Dick’s Sporting Goods are set to report quarterly results as well. On the data front, flash PMIs for May and new home sales are also due.
2023-05-23T09:52:00"
Dollar Steadies on Tuesday,Currency,"Dollar Steadies on TuesdayUnited States CurrencyThe dollar index steadied around 103.3 on Tuesday, supported by growing expectations that the Federal Reserve will keep interest rates higher for longer, while traders cautiously awaited updates from the debt ceiling negotiations. In the latest central bank commentary, Fed’s Bullard suggested the possibility of raising rates by another half-point this year, while Fed's Kashkari described the decision to pause or hike rates in June as a close call. Markets have scaled back bets on interest rate cuts this year, with rates seen holding at around 4.7% by December. Meanwhile, President Joe Biden and House Speaker Kevin McCarthy signaled cautious optimism that a deal to raise the debt ceiling would be reached, with Treasury Secretary Janet Yellen reaffirming that the US could be at risk of default by June 1. 2023-05-23T03:26:48.543"
US Futures Climb on Debt Ceiling Optimism,Stock Market,"US Futures Climb on Debt Ceiling OptimismUnited States Stock MarketUS stock futures climbed on Tuesday as President Joe Biden and House Speaker Kevin McCarthy signaled cautious optimism that a deal to raise the debt ceiling would be reached following their meeting late on Monday. Futures contracts tied to the three major indexes were all up nearly 0.3%. In regular trading on Monday, the Dow fell 0.42%, while the S&P 500 and Nasdaq Composite rose 0.02% and 0.5%, respectively. Technology, real estate and financials outperformed the market, while consumer staples, materials and energy declined the most. Those moves came as investors followed the latest updates on the debt ceiling negotiations, with Treasury Secretary Janet Yellen reaffirming that the US could be at risk of default by June 1. On the policy front, Fed’s Kashkari said a June rate pause or hike is a close call and St. Louis Fed President Bullard said the Fed may still need to raise rates by another half-point this year.2023-05-23T00:04:00"
US Stocks End Mixed Ahead of Debt Ceiling Meeting,Stock Market,"US Stocks End Mixed Ahead of Debt Ceiling MeetingUnited States Stock MarketThe Dow Jones closed 140 points lower on Monday, while the S&P finished slightly in the green and the Nasdaq added 0.5% as investors awaited a breakthrough in the debt limit talks. Hours before today’s 5.30 PM scheduled meeting between President Biden and House Speaker Kevin McCarthy, the house speaker said ""I firmly believe what we're negotiating right now, a majority of Republicans will see that it is a right place to put us on the right path,"". Treasury Secretary Yellen said on Sunday that the likelihood of the Treasury paying all US bills by June 15th is quite low. On the policy front, Fed’s Kashkari said a June rate pause or hike is a close call and St. Louis Fed President Bullard said the Fed may still need to raise rates by another half-point this year. Among stocks, shares of Micron Technology fell 2.8% after China banned some Chinese tech manufacturers from using the company's chips. Stocks of Apple lost 0.5% after Loop Capital downgraded its stock to hold from buy.
2023-05-22T20:03:00"
McDonalds Hits 4-week Low,stocks,McDonalds Hits 4-week LowUnited States stocksMcDonalds decreased to a 4-week low of 289.422023-05-22T19:50:26.433
DXY Edges Up,Currency,"DXY Edges UpUnited States CurrencyThe dollar index edged up above 103 on Monday, as traders cautiously awaited updates from the US debt ceiling negotiations, while continuing to assess the outlook for Federal Reserve monetary policy. Federal Reserve officials have expressed divergent views regarding the central bank's future actions: Fed Bullard suggested the possibility of raising rates by another half-point this year, and Fed's Kashkari described the decision to pause or hike rates in June as a close call. On Friday, Fed Chair Jerome Powell noted that due to stress in the banking sector, it may not be necessary to raise rates further to address inflation concerns. At the same time, President Joe Biden and House Speaker Kevin McCarthy are set to continue discussions after an unsuccessful meeting on Friday.2023-05-22T15:25:00"
US Stocks Waver as Investors Eye Debt Ceiling,Stock Market,"US Stocks Waver as Investors Eye Debt CeilingUnited States Stock MarketUS stocks lacked direction on Monday, as investors awaited a breakthrough in the debt ceiling negotiations. The Dow Jones declined nearly 100 points, while the S&P and the Nasdaq added more than 0.1% and 0.5%, respectively. President Biden and House Speaker Kevin McCarthy are set to continue negotiations on the debt ceiling today at 5.30 PM following a failed meeting on Friday. Treasury Secretary Yellen said on Sunday that the likelihood of the Treasury paying all US bills by June 15th is quite low. Meanwhile, traders continue to follow comments from several Fed officials: Fed’s Kashkari said a June rate pause or hike is a close call and St. Louis Fed President Bullard said the Fed may still need to raise rates by another half-point this year. In corporate news, shares of Micron Technology fell nearly 4% after China banned some Chinese tech manufacturers from using the company's chips. Stocks of Apple were also down almost 1% after Loop Capital downgraded its stock to hold from buy. 2023-05-22T15:07:00"
US Stocks Lack Direction as Investors Eye Debt Ceiling,Stock Market,"US Stocks Lack Direction as Investors Eye Debt CeilingUnited States Stock MarketUS stocks traded around the flatline on Monday, as investors remain concerned about the sustainability of US government debt. President Biden and House Speaker Kevin McCarthy are set to continue negotiations on the debt ceiling today following a failed meeting on Friday. Treasury Secretary Yellen said on Sunday that the likelihood of the Treasury paying all US bills by June 15th is quite low. Meanwhile, traders continue to follow comments from several Fed officials: Fed’s Kashkari said a June rate pause or hike is a close call and St. Louis Fed President Bullard said the Fed may still need to raise rates by another half-point this year. On the corporate front, shares of Micron Technology fell nearly 4% after China banned some Chinese tech manufacturers from using the company's chips. Stocks of Apple were also down about 1% after Loop Capital downgraded its stock to hold from buy. Meta stocks were also under pressure after the firm has been fined by European regulators.2023-05-22T13:36:00.957"
US Futures Cautious as Investors Eye Debt Ceiling,Stock Market,"US Futures Cautious as Investors Eye Debt Ceiling United States Stock MarketUS futures were around the flatline on Monday, as investors remain concerned about the sustainability of US government debt. President Biden and House Speaker Kevin McCarthy are set to continue negotiations on the debt ceiling today following a failed meeting on Friday. Meanwhile, Treasury Secretary Janet Yellen said on Sunday that the likelihood of the Treasury paying all US bills by June 15th is quite low. On the corporate front, shares of Micron Technology fell more than 4% in premarket trading after China banned some Chinese tech manufacturers from using the company's chips. Stocks of Apple were also down about 1% after Loop Capital downgraded the company’s stock to hold from buy. Meta stocks lost nearly 1% after the firm has been fined a record €1.2 billion by European privacy regulators. 2023-05-22T12:03:00"
US 10-Year Treasury Yield Falls on Debt Ceiling Uncertainty,Government Bond 10Y,"US 10-Year Treasury Yield Falls on Debt Ceiling Uncertainty United States Government Bond 10YThe yield on the US 10-year Treasury note fell by around 5 basis points to 3.64% on Monday, reflecting increasing uncertainty surrounding the debt ceiling impasse in the US. President Biden is scheduled to meet with House Speaker Kevin McCarthy today in an attempt to reach a deal, following a failed meeting between top debt ceiling negotiators on Friday. At the same time, Treasury Secretary Janet Yellen said on Sunday that the likelihood of the Treasury being able to pay all US bills by June 15th is quite low. Additionally, traders are closely watching for any indications of the Federal Reserve's future actions. On Friday, Fed Chair Powell said that because of stress in the banking sector, it might be unnecessary to further raise rates to curb inflation. As such, the probability of a pause in the rate hike cycle has increased, with traders currently assigning an 86% chance that the Fed will maintain steady rates in June.2023-05-22T08:07:00"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under PressureUnited States CurrencyThe dollar index fell toward 103 on Monday, sliding for the second consecutive session as traders cautiously awaited updates from the US debt ceiling negotiations, while continuing to assess the outlook for Federal Reserve monetary policy.  President Joe Biden and House Speaker Kevin McCarthy are set to continue discussions on Monday, as Treasury Secretary Janet Yellen has repeatedly warned that the US could default on its debt as early as June 1 if a deal to raise the US debt ceiling is not reached. Meanwhile, Fed Chair Jerome Powell said that inflation was “far above” the central bank’s objective, but added that it may be unnecessary to raise interest rates further due to the stress in the banking sector. Markets are currently betting that the Fed would pause its historic tightening campaign next month. Investors also look ahead to a slew of US economic reports this week including a second reading for first quarter GDP and the personal consumption expenditure inflation gauge.2023-05-22T03:22:00"
US Futures Slip on Debt Deal Worries,Stock Market,"US Futures Slip on Debt Deal WorriesUnited States Stock MarketUS stock futures slipped on Monday as uncertainties surrounding the US debt ceiling negotiations continued to weigh on market sentiment. Futures contracts tied to the three major indexes were all down about 0.1%. Last week, the Dow rose 0.38%, the S&P 500 gained 1.65% and the Nasdaq Composite jumped 3.04%, as a strong rally in mega-cap technology names outweighed concerns about the US debt limit and stubborn inflation. President Joe Biden and House Speaker Kevin McCarthy are set to continue negotiations on Monday, as Treasury Secretary Janet Yellen has repeatedly warned that the US could default on its debt as early as June 1 if a deal to raise the US debt ceiling is not reached. Investors also look ahead to a slew of US economic reports this week including a second reading for first quarter GDP and the personal consumption expenditure inflation gauge. Moreover, earnings reports are set to come from Zoom Video, Lowe’s and Dick’s Sporting Goods, among others.2023-05-21T23:58:00"
Wall Street Turns Lower,Stock Market,"Wall Street Turns Lower United States Stock MarketUS stocks reversed earlier gains during afternoon trading Friday, with the Dow Jones down more than 100 points and the S&P 500 and the Nasdaq falling 0.3% each, as investors were digesting recent developments on the debt ceiling and Fed Chair Powell's comments. On one hand, it was reported that GOP negotiators walked out of a debt ceiling meeting. On the other, Fed Chair Powell said that because of stress in the banking sector, it might be unnecessary to raise rates to curb inflation. On the corporate front, stocks of Deere were up more than 3% after its earnings and revenue beat forecasts. On the other hand, shares of Foot Locker were down more than 23% following disappointing quarterly results. So far on the week, the Dow Jones is up 0.4%, the S&P 500 gained 1.8% for its best week since March and the Nasdaq surged 3.3%, also the biggest weekly gain in two months.2023-05-19T15:31:00"
DXY Extends Losses,Currency,"DXY Extends LossesUnited States CurrencyThe dollar index extended losses to around 103 on Friday, moving further away from a two-month high of 103.6 the day before, as investors monitor the debt ceiling impasse and adjust expectations for the next move by the Fed. It was reported that GOP negotiators walked out of a debt ceiling meeting, dashing hopes for a deal. At the same time, Fed Chair Powell emphasized that inflation is significantly above the central bank's target and reiterated the Federal Reserve's commitment to bringing it down to the 2% goal. Still, the Chair said that because of stress in the banking sector, it might be unnecessary to raise rates to curb inflation. Currently, markets are pricing in a 36% probability of a 25 bps hike in the fed funds rate in June. For the week, the dollar is poised to gain 0.3%, marking a second consecutive week of increases.2023-05-19T15:23:00"
Apple Hits 13-month High,stocks,Apple Hits 13-month HighUnited States stocksApple increased to a 13-month high of 176.152023-05-19T14:33:49.04
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketUS stocks attempted to extend gains on Friday amid increasing optimism that a deal on the debt ceiling could be reached this weekend or next week. The Dow Jones was flat to higher, while the S&P 500 gained 0.2% to hit levels not seen since August and the Nasdaq 100 edged 0.1% higher to levels not seen in over a year. On the corporate front, stocks of Deere were up more than 3% after its earnings and revenue beat forecasts. On the other hand, shares of Foot Locker were down more than 23% following a disappointing quarterly results. Traders will also keep a close eye on a conversation between Fed Chair Powell and former Chair Ben Bernanke at the Thomas Laubach Research Conference for any further clues on the Fed's next steps. So far on the week, the Dow Jones is up 0.7%, the S&P 500 gained 1.8% for its best week since March and the Nasdaq surged 3.3%, also the biggest weekly gain in two months.2023-05-19T13:35:00"
Tesla Hits 4-week High,stocks,Tesla Hits 4-week HighUnited States stocksTesla increased to a 4-week high of 177.42023-05-19T13:32:09.21
Dollar Eases Slightly from 2-Month Highs,Currency,"Dollar Eases Slightly from 2-Month HighsUnited States CurrencyThe dollar index was around 103.3 on Friday, after touching a two-month high of 103.6 the day before, as investors remain optimistic the debt ceiling impasse will soon be over and adjust expectations for the next move by the Fed. Traders pared bets the central bank will pause the rate hike campaign next month, following hawkish comments from some officials including Dallas Federal Reserve President Lorie Logan. Markets are now pricing in a 36% chance of a 25 bps hike in the fed funds rate in June. On the week, the dollar is set to add 0.6%, marking a second straight week of gains.2023-05-19T11:56:00"
US Futures Edge Higher,Stock Market,"US Futures Edge HigherUnited States Stock MarketUS futures were slightly higher on Friday amid increasing optimism that a deal on the debt ceiling could be reached this weekend or next week. Contracts on the Dow Jones futures added nearly 50 points, while S&P 500 futures gained 0.2% to hit a 15-week high and Nasdaq e-minis edged 0.1% higher to levels not seen in nine months. On the corporate front, stocks of Deere were up almost 4% in premarket hours after its earnings and revenue beat forecasts. On the other hand, shares of Foot Locker were down more than 23% in premarket trading following a disappointing quarterly results. Traders will also keep a close eye on a conversation between Fed Chair Powell and former Chair Ben Bernanke at the Thomas Laubach Research Conference for any further clues on the Fed's next steps. So far on the week, the Dow Jones is up 0.7%, the S&P 500 gained 1.8% for its best week since March and the Nasdaq surged 3.3%, also the biggest weekly gain in two months.2023-05-19T11:37:00"
Deere & Company earnings above expectations at 9.65 USD,Earnings,"Deere & Company earnings above expectations at 9.65 USDUnited States EarningsDeere & Company (DE) released earnings per share at 9.65 USD, compared to market expectations of 8.53 USD.2023-05-19T10:30:30.977"
Dollar Hovers at 2-Month Highs,Currency,"Dollar Hovers at 2-Month HighsUnited States CurrencyThe dollar index held its recent advance to around 103.5 on Friday, hovering at its highest level in two months, underpinned by growing optimism over the debt ceiling negotiations and hawkish signals from the Federal Reserve. The dollar gauge is also up about 0.8% so far this week, on track to gain for the second consecutive week. Investors remained hopeful that an agreement in raising the US debt ceiling would be reached to avoid a default, with House Speaker Kevin McCarthy suggesting a potential deal could come as soon as next week. Meanwhile, strong US jobs data pointing to a still-tight labor market bolstered the Fed’s case to keep monetary settings restrictive. Two Fed officials said on Thursday that US inflation does not look like it is cooling fast enough to allow the central bank to pause its interest rate hikes. Markets are now pricing in about a 40% chance that the Fed would deliver another 25 basis point rate hike next month.2023-05-19T03:30:00"
US Futures Edge Higher After Positive Session,Stock Market,"US Futures Edge Higher After Positive SessionUnited States Stock MarketUS stock futures edged higher on Friday after the major averages gained during Thursday’s regular session, as easing concerns about the US debt ceiling crisis and upbeat corporate earnings results lifted market sentiment. Dow and S&P 500 futures rose about 0.1%, while Nasdaq 100 futures advanced 0.3%. In regular trading on Thursday, the S&P 500 climbed 0.94% and the Nasdaq Composite jumped 1.21%, with both benchmarks hitting their highest levels since August, while the Dow rose 0.34%. Seven out of the 11 S&P sectors finished higher, led to the upside by technology, communication services and consumer discretionary. Investors continued to monitor negotiations on the US debt ceiling, with House Speaker Kevin McCarthy suggesting a potential deal could come as soon as next week. Positive corporate updates from major firms also boosted sentiment, with Nvidia surging nearly 5% after announcing it joined ServiceNow to build AI for enterprises.2023-05-19T00:14:00"
"Nasdaq and S&P 500 Rise, Dow Falls",Stock Market,"Nasdaq and S&P 500 Rise, Dow FallsUnited States Stock MarketUS stocks lacked direction on Thursday as investors were following corporate announcements and the debt ceiling negotiations. The Nasdaq was up more than 1% and S&P 500 turned positive boosted by Netflix, Synopsys, and Nvidia. Netflix said it had 5 million monthly active users for its cheaper, ad-supported option. Synopsys reported better-than-expected revenue and earnings while Nvidia announced it joined ServiceNow to build AI for enterprises. Also, Walmart was up after the retailer raised its full-year forecast, and earnings topped expectations. On the other hand, the Dow fell more than 100 points in spite of the optimism over the debt ceiling deal. House Speaker Kevin McCarthy said on Thursday the House could vote on the debt ceiling deal as soon as next week. At the same time, the possibility of another rate increase by the Fed came back again to the table after Dallas Fed President Lorie Logan said the latest data doesn’t justify a pause in rate hikes yet. 2023-05-18T18:38:00"
"Facebook | Meta Platforms, Inc. Hits 15-month High",stocks,"Facebook | Meta Platforms, Inc. Hits 15-month HighUnited States stocksFacebook | Meta Platforms, Inc. increased to a 15-month high of 244.922023-05-18T17:12:15.44"
US Stocks Lack Direction,Stock Market,"US Stocks Lack DirectionUnited States Stock MarketThe Dow Jones was falling more than 50 points in afternoon trading Thursday while the S&P 500 added 0.3% and the Nasdaq gained 0.8%, as investors reassessed the outlook for monetary policy and followed the debt ceiling standoff. House Speaker Kevin McCarthy said on Thursday the House could vote on the debt ceiling deal as soon as next week. At the same time, the possibility of another rate increase by the Fed came back again to the table. Dallas Fed President Lorie Logan said the latest data doesn’t justify a pause in rate hikes yet. Initial jobless claims fell more than expected last week and continued to point to a tight labour market. On the corporate front, Cisco fell slightly after the company reported a 23% decline in orders for the quarter. On the other hand, Walmart was up after the retailer raised its full-year forecast, and earnings topped expectations.2023-05-18T16:06:00"
The S&P 500 Hit 15-week High,Stock Market,The S&P 500 Hit 15-week HighUnited States Stock MarketUS500 increased to a 15-week high of 41872023-05-18T15:53:21.887
The Dow Jones Index is falling 0.08%,Stock Market,"The Dow Jones Index is falling 0.08%United States Stock MarketIn New York the Dow Jones Index is dropping 28 points. Leading the losses are Walgreens Boots Alliance (-2.29%), P&G (-1.73%) and UnitedHealth (-1.63%). Top gainers were Intel (2.60%), Walt Disney (1.46%) and Nike (1.44%).2023-05-18T15:46:47.567"
AT&T Hits 16-week Low,stocks,AT&T Hits 16-week LowUnited States stocksAT&T decreased to a 16-week low of 16.52023-05-18T15:08:57.42
Apple Hits 39-week High,stocks,Apple Hits 39-week HighUnited States stocksApple increased to a 39-week high of 174.62023-05-18T15:03:31.487
"Dow Pares Losses, S&P Rebounds",Stock Market,"Dow Pares Losses, S&P ReboundsUnited States Stock MarketThe Dow Jones was trading around the flatline attempting to rebound from early losses while the S&P 500 recovered to gain 0.4% and the Nasdaq added almost 1% on Thursday, as investors anticipate the standoff on the debt ceiling could be over soon. House Speaker Kevin McCarthy said on Thursday the House could vote on the debt ceiling deal as soon as next week. At the same time, the possibility of another rate increase by the Fed came back again to the table. Dallas Fed President Lorie Logan said the latest data doesn’t justify a pause in rate hikes yet. Initial jobless claims fell more than expected last week and continued to point to a tight labour market. On the corporate front, Cisco fell nearly 1% after the company reported a 23% decline in orders for the quarter. On the other hand, Walmart was up 2% after the retailer raised its full-year forecast, and earnings topped expectations.2023-05-18T14:52:00"
The Nasdaq 100 Hit 12-month High,Stock Market,The Nasdaq 100 Hit 12-month HighUnited States Stock MarketUSNDX increased to a 12-month high of 137302023-05-18T14:43:13.483
US Natural Gas Stocks Rise Less than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise Less than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 99 billion cubic feet (bcf) of gas into storage during the week ended May 12, 2023, below market expectations of a 108 bcf increase.  That compared with an increase of 87 bcf in the same week last year and a five-year (2018-2022) average increase of 91 bcf as mild weather kept demand for the fuel low for both heating and cooling. Last week's increase boosted stockpiles to 2.240 trillion cubic feet (tcf), 521 bcf higher than last year at this time and 340 bcf above the five-year average of 1.809 bcf. At 2.240 tcf, total working gas is within the five-year historical range.2023-05-18T14:39:48.447"
Dow and S&P Fall,Stock Market,"Dow and S&P FallUnited States Stock MarketThe Dow Jones was falling nearly 100 points and the S&P 500 lost 0.1% while the Nasdaq gained 0.2% on Thursday, as investors reduce their bets on a potential pause in the Federal Reserve's interest rate hikes next month, with many now increasing their expectations of another rate increase. Dallas Fed President Lorie Logan said on Thursday the latest data doesn’t argue for a pause in rate hikes yet. Initial jobless claims fell more than expected last week and continued to point to a tight labour market. On the corporate front, shares of Cisco fell 2% after reporting a 23% decline in orders for the quarter. On the other hand, stocks of Walmart were up 3% after the retailer raised its full-year forecast and earnings topped forecasts, although it warned of a cautious view on US consumers. Traders were also keeping a close eye on the debt ceiling standoff. 2023-05-18T13:37:00"
P&G Hits 4-week Low,stocks,P&G Hits 4-week LowUnited States stocksP&G decreased to a 4-week low of 152.42023-05-18T13:36:06.067
DXY Up to 2-Month High,Currency,"DXY Up to 2-Month HighUnited States CurrencyThe dollar index rose above 103 on Thursday, the strongest in 2 months, underpinned by growing optimism that the US government would strike a deal on the debt ceiling and avoid a default. President Joe Biden and House Speaker Kevin McCarthy both indicated confidence late on Wednesday that the US government will not default on its debt after a months-long standoff. On top of that, a pullback in jobless claims pointed to a still-tight labor market, dashing hopes for interest rate cuts soon. Also, Chicago Fed President Austan Goolsbee said it was “far too premature to be talking about rate cuts,” while Cleveland Fed President Loretta Mester said rates were not yet at a point where the central bank could hold steady due to stubborn inflation.2023-05-18T12:48:00"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketUS futures were mixed on Thursday, with contracts on the Dow Jones down nearly 30 points while both the S&P 500 and the Nasdaq were above the flatline. Shares of Walmart were up 1.7% in premarket trading after the retailer raised its full-year forecast and earnings topped forecasts. At the same time, traders become increasingly optimistic the debt ceiling standoff would soon be solved and the US will avoid a default. Also, regional banks are also expected to extend gains when markets open. However, the latest data showed weekly claims fell more-than-expected last week, indicating interest rates may need to stay higher for longer.2023-05-18T12:41:00"
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week HighUnited States Government Bond 10YUS 10 Year Government Bond Yield increased to a 4-week high of 3.621%2023-05-18T12:31:06.717
Walmart earnings above expectations at 1.47 USD,Earnings,"Walmart earnings above expectations at 1.47 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.47 USD, compared to market expectations of 1.31 USD.2023-05-18T11:26:42.527"
US Futures Rise Helped by Walmart,Stock Market,"US Futures Rise Helped by Walmart United States Stock MarketUS futures were higher on Thursday, with contracts on the Dow Jones rising nearly 50 points while both the S&P 500 and the Nasdaq were up 0.3% each. Shares of Walmart were up 1.5% in premarket trading after the retailer raised its full-year forecast and earnings topped forecasts. At the same time, traders become increasingly optimistic the debt ceiling standoff would soon be solved and the US will avoid a default. Also, regional banks are also expected to extend gains when markets open.2023-05-18T11:25:00"
US Futures Steady on Debt-Ceiling Deal Hopes,Stock Market,"US Futures Steady on Debt-Ceiling Deal HopesUnited States Stock MarketUS stock futures held steady on Thursday after a strong rally during Wednesday’s regular session, as growing optimism that the debt ceiling crisis would be resolved and positive corporate results lifted sentiment. Futures contracts tied to the three major indexes were all trading near breakeven. In regular trading on Wednesday, the Dow rose 1.24%, the S&P 500 gained  1.19% and the Nasdaq Composite jumped 1.28%, with nine of the 11 S&P sectors finishing higher led to the upside by financials, energy and consumer discretionary. President Joe Biden and House Speaker Kevin McCarthy both indicated confidence late on Wednesday that the US government will not default on its debt. On the corporate front, Western Alliance Bancorp surged 10.2% after reporting a deposit growth in the current quarter, while Tesla climbed 4.4% after Elon Musk announced that the company will begin advertising its cars. Investors now await Walmart’s earnings and a slew of economic data on Thursday.2023-05-17T23:45:00"
Copart earnings above expectations at 0.72 USD,Earnings,"Copart earnings above expectations at 0.72 USDUnited States EarningsCopart (CPRT) released earnings per share at 0.72 USD, compared to market expectations of 0.64 USD.2023-05-17T20:30:36.313"
Cisco Systems Hits 4-week High,stocks,Cisco Systems Hits 4-week HighUnited States stocksCisco Systems increased to a 4-week high of 47.662023-05-17T19:32:16.82
General Electric Hits 15-month High,stocks,General Electric Hits 15-month HighUnited States stocksGeneral Electric increased to a 15-month high of 103.22023-05-17T17:30:51.507
US Crude Stocks Post Biggest Gain in 12 Weeks,Crude Oil Stocks Change,"US Crude Stocks Post Biggest Gain in 12 WeeksUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 5.04 million barrels in the week ending May 12, 2023, the biggest weekly increase in 12 weeks, compared with market expectations of a 0.92 million drop, data from the EIA Petroleum Status Report showed. Also, crude stocks at the Cushing, Oklahoma delivery hub were up by 1.461 million barrels, the most since end-January and following a 397 thousand rise in the previous period. On the other hand, gasoline inventories fell by 1.381 million, more than forecasts of a 1.06 million draw; and distillate stockpiles, which include diesel and heating oil, were up by 0.08 million barrels, above the consensus for a 0.057 million rise.
2023-05-17T14:41:00"
UnitedHealth Hits 6-week Low,stocks,UnitedHealth Hits 6-week LowUnited States stocksUnitedHealth decreased to a 6-week low of 478.172023-05-17T13:51:08.537
Coca-Cola Hits 4-week Low,stocks,Coca-Cola Hits 4-week LowUnited States stocksCoca-Cola decreased to a 4-week low of 62.982023-05-17T13:41:09.53
Walmart Hits 4-week Low,stocks,Walmart Hits 4-week LowUnited States stocksWalmart decreased to a 4-week low of 149.382023-05-17T13:35:32.827
US Building Permits Fall for 2nd Month,Building Permits,"US Building Permits Fall for 2nd MonthUnited States Building PermitsBuilding permits in the United States declined by 1.5 percent to a seasonally adjusted annual rate of 1.416 million in April 2023, according to a preliminary estimate. This marks the second consecutive month of decline and falls short of market expectations of 1.437 million permits, suggesting housing demand remained subdued due to higher interest rates and increasing consumer prices. Permits for the volatile multi-segment tumbled 7.7 percent to a rate of 561 thousand, the lowest since last July 2021, while single-family authorizations increased 3.1 percent to a seven-month high of 855 thousand. Permits were down in the Northeast (-23.6 percent to 113 thousand) and Midwest (-15.2 percent to 173 thousand), but were up in the South (4.3 percent to 801 thousand) and West (3.8 percent to 329 thousand).2023-05-17T12:35:00"
TJX Companies earnings above expectations at 0.76 USD,Earnings,"TJX Companies earnings above expectations at 0.76 USDUnited States EarningsTJX Companies (TJX) released earnings per share at 0.76 USD, compared to market expectations of 0.71 USD.2023-05-17T12:00:33.737"
Target earnings above expectations at 2.05 USD,Earnings,"Target earnings above expectations at 2.05 USDUnited States EarningsTarget (TGT) released earnings per share at 2.05 USD, compared to market expectations of 1.79 USD.2023-05-17T11:00:29.727"
Dollar Edges Up as Debt Ceiling Negotiations Eyed,Currency,"Dollar Edges Up as Debt Ceiling Negotiations EyedUnited States CurrencyThe dollar index rose approached 103 on Wednesday as traders awaited updates on the negotiations over the US debt ceiling, with President Joe Biden and House Speaker Kevin McCarthy edging closer to a deal late on Tuesday, though a consensus was not reached. Biden has maintained that raising the debt ceiling is non-negotiable, while McCarthy continued to push for spending cuts to be tied with the debt limit increase. Data on Tuesday also showed that US consumer spending remained robust in April, pouring cold water on expectations that interest rate cuts are coming soon. Chicago Fed President Austan Goolsbee said it was “far too premature to be talking about rate cuts,” while Cleveland Fed President Loretta Mester said rates were not yet at a point where the central bank could hold steady due to stubborn inflation.2023-05-17T02:43:00"
US Crude Oil Inventories Unexpectedly Rise: API,API Crude Oil Stock Change,"US Crude Oil Inventories Unexpectedly Rise: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US increased by 3.69 million barrels in the week that ended May 12th, 2023, following a 3.618 million barrel rise in the previous week and compared to market expectation of a 1.300 million barrel decline, data from the API's Weekly Statistical Bulletin showed. 

2023-05-16T20:43:36.817"
Chevron Hits 7-week Low,stocks,Chevron Hits 7-week LowUnited States stocksChevron decreased to a 7-week low of 153.842023-05-16T14:53:41.303
US Business Inventories Unexpectedly Fall,Business Inventories,"US Business Inventories Unexpectedly FallUnited States Business InventoriesManufacturers and trade inventories in the US went down by 0.1% from a month earlier in March 2023, compared to market expectations of a flat reading. Stocks were unchanged for a second month at merchant wholesalers and inventories fell at manufacturers (-0.8% vs -0.2%). On the other hand inventories were higher at retailers (0.7% vs 0.2%). Year-on-year, business inventories jumped by 6.5% in March.2023-05-16T14:04:59.507"
Verizon Hits 8-week Low,stocks,Verizon Hits 8-week LowUnited States stocksVerizon decreased to a 8-week low of 36.542023-05-16T13:53:01.467
Exxon Mobil Hits 7-week Low,stocks,Exxon Mobil Hits 7-week LowUnited States stocksExxon Mobil decreased to a 7-week low of 104.182023-05-16T13:48:22.85
US Capacity Utilization Continues to Rise,Capacity Utilization,"US Capacity Utilization Continues to RiseUnited States Capacity UtilizationCapacity utilization rate in the United States increased to a five-month high of 79.7% in April of 2023 from 79.4% in March, matching market forecasts. Capacity utilization for manufacturing moved up 0.7 percentage point in April to 78.3%. The operating rate for mining rose 0.6 percentage point to 91.8%, while the operating rate for utilities fell 2.6 percentage points to 72.7%. The general capacity rate for April was equal to its long-run (1972–2022) average. The one for manufacturing is 0.1 percentage point above it, the rate for mining was 5.4 percentage points above its long-run average, while the rate for utilities remained well below its long-run average.2023-05-16T13:25:01.57"
US Manufacturing Output Rises More Than Expected,Manufacturing Production MoM,"US Manufacturing Output Rises More Than ExpectedUnited States Manufacturing Production MoMManufacturing production in the United States rose 1 percent in April 2023, more than market expectations of a 0.1 percent increase. Durable and nondurable manufacturing advanced 1.4 percent and 0.6 percent in April, respectively. Other manufacturing (publishing and logging) ticked down 0.1 percent. Industry groups within durable manufacturing posted somewhat mixed results, with the largest increase coming from motor vehicles and parts (9.3 percent) and the largest decrease coming from miscellaneous manufacturing (1.4 percent). Within nondurables, plastics and rubber products recorded the largest gain (1.2 percent), while apparel and leather recorded the largest loss (0.8 percent). Capacity utilization for manufacturing moved up 0.7 percentage point in April to 78.3 percent, a rate that is 0.1 percentage point above its long-run (1972–2022) average. 2023-05-16T13:23:32.05"
US Industrial Output Growth Beats Estimates,Industrial Production Mom,"US Industrial Output Growth Beats EstimatesUnited States Industrial Production MomIndustrial production in the United States rose 0.5 percent from a month earlier in April 2023, beating market expectations of flat reading. Manufacturing advanced 1 percent, well above forecasts of a 0.1 percent increase bolstered by a strong gain in the output of motor vehicles and parts; factory output excluding motor vehicles and parts moved up 0.4 percent. The index for mining rose 0.6 percent, while the index for utilities dropped 3.1 percent, as milder temperatures in April lowered demand for heating. Capacity utilization edged up to 79.7 percent in April, a rate that is equal to its long-run (1972–2022) average. Data for March was revised to show no growth in industrial ouptut, from previously estimates of a 0.4 percent rise.2023-05-16T13:21:07.15"
US 10-Year Treasury Yield Rises to 2-Week High,Government Bond 10Y,"US 10-Year Treasury Yield Rises to 2-Week HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose past the 3.5% mark in mid-May, the highest in over two weeks amid the persistent unease over Washington’s debt ceiling stalemate. In the meantime, investors also gauged signals from Federal Reserve members and the latest economic data for insights on the central bank’s policy outlook. Multiple policymakers suggested that the fight against inflation in the US economy is far from over, dismissing bets of an incoming dovish pivot. At the same time, April retail sales data missed expectations but still bounced back sharply from the contraction in the previous month.2023-05-16T13:07:23.467"
DXY Remains Under Pressure,Currency,"DXY Remains Under PressureUnited States CurrencyThe dollar index slipped to around 102.4 on Tuesday, remaining under pressure as traders fretted about the risk of a US default if an agreement between Democrats and Republicans on raising the debt ceiling is not reached. President Joe Biden has maintained that raising the debt ceiling is non-negotiable, while House Speaker Kevin McCarthy continued to push for spending cuts to be tied with the debt limit increase. On the data front, retail trade data for April came in weaker-than-expected reinforcing the market’s expectations the Federal Reserve may soon pause its policy tightening. Meanwhile, Atlanta Fed President Raphael Bostic and Chicago Fed economist Austan Goolsbee signaled their preference for pausing interest-rate increases, while Minneapolis Fed President Neel Kashkari suggested the central bank may have more work to do in its inflation fight. Investors now look ahead to further talks between Biden and congressional leaders and more central bank commentary on Tuesday.2023-05-16T12:45:00"
Home Depot earnings below expectations at 3.82 USD,Earnings,"Home Depot earnings below expectations at 3.82 USDUnited States EarningsHome Depot (HD) released earnings per share at 3.82 USD, compared to market expectations of 3.87 USD.2023-05-16T10:30:31.567"
Dollar Eases as Traders Eye US Debt Limit Talks,Currency,"Dollar Eases as Traders Eye US Debt Limit TalksUnited States CurrencyThe dollar index slipped to around 102.3 on Tuesday, remaining under pressure as traders fretted about the risk of a US default if an agreement between Democrats and Republicans on raising the debt ceiling is not reached. President Joe Biden has maintained that raising the debt ceiling is non-negotiable, while House Speaker Kevin McCarthy continued to push for spending cuts to be tied with the debt limit increase. Meanwhile, Atlanta Fed President Raphael Bostic and Chicago Fed economist Austan Goolsbee signaled their preference for pausing interest-rate increases, while Minneapolis Fed President Neel Kashkari suggested the central bank may have more work to do in its inflation fight. Investors now look ahead to further talks between Biden and congressional leaders and more central bank commentary on Tuesday.2023-05-16T03:29:00"
US Capital Inflow Widens in March,Capital Flows,"US Capital Inflow Widens in MarchUnited States Capital FlowsThe United States posted a capital and financial account surplus of $56.7 billion in March of 2023, widening from a downwardly revised $13.7 billion surplus in the prior month. The net foreign private inflows were recorded $13.2 billion, and net foreign official inflows were $43.6 billion. Foreign residents increased their holdings of long-term U.S. securities in March; net purchases were $110.5 billion.  Net purchases by private foreign investors were $63.5 billion, while net purchases by foreign official institutions were $47.0 billion.
2023-05-15T20:28:58.333"
US Treasury Yields Rise,Government Bond 10Y,"US Treasury Yields RiseUnited States Government Bond 10YThe yield on the US 10-year Treasury note approached 3.5% in mid-May, as investors monitored the ongoing debt ceiling impasse and awaited insights from several Federal Reserve officials regarding the central bank's intentions. President Joe Biden announced that he would meet with congressional leaders on Tuesday to discuss a plan for raising the nation's debt limit. In the meantime, traders continue to bet the Federal Reserve will pause rate hikes during its upcoming meeting next month.
2023-05-15T13:18:00"
Dollar Hovers Over 1-Month High,Currency,"Dollar Hovers Over 1-Month HighUnited States CurrencyThe dollar index steadied above 102.5 on Monday, hovering at its highest levels in over a month after gaining about 1.4% last week. Analysts attributed the currency’s strength to increased safe-haven demand as global economic uncertainties weighed on risk assets. Federal Reserve Governor Michell Bowman also said last week that the central bank will probably need to raise interest rates further if inflation persists, adding that key data so far this month has not convinced her that price pressures are receding. Meanwhile, data from the University of Michigan released Friday showed that US consumer sentiment declined to a six-month low in May and inflation expectations for the next five years were the highest since 2011.2023-05-15T02:40:38.167"
DXY Firms Above 102.5,Currency,"DXY Firms Above 102.5United States CurrencyThe dollar index firmed up above 102.5 on Friday and was set for an over 1% weekly gain, the biggest since February, due to concerns over the US debt ceiling and regional banking stress, causing investors to seek safety in the currency. Additionally, there is speculation that the Federal Reserve may need to maintain higher interest rates for a longer period, following comments from Fed Governor Michelle Bowman that rates may need to be raised further if inflation persists. The latest economic data also showed that US consumer sentiment dropped unexpectedly to a six-month low in May.2023-05-12T16:28:00"
US 10-Year Treasury Yield Hovers at 3.4%,Government Bond 10Y,"US 10-Year Treasury Yield Hovers at 3.4%United States Government Bond 10YThe yield on the US 10-year Treasury note was around 3.43% on Friday, after touching 3.35% earlier in the week, as investors processed a batch of economic data and the outlook for the Fed's rate path. A report from the University of Michigan showed that inflation expectations for the next five years increased to the highest level in 12 years. Earlier in the week, both consumer and producer inflation showed signs of easing inflationary pressures, while the claims report pointed to a softer labor market. Currently, markets are pricing in a pause in rate hikes by the Fed in June. Meanwhile, the debt ceiling and the regional banking crisis remain in the spotlight.2023-05-12T15:07:00"
Dollar Index Hits 4-week High,currency,Dollar Index Hits 4-week HighUnited States currencyDXY increased to a 4-week high of 102.412023-05-12T14:31:48.593
US Export Prices Rebound in April,Export Prices MoM,"US Export Prices Rebound in AprilUnited States Export Prices MoMUS export prices rose by 0.2% from a month earlier in April of 2023, in line with market expectations, and rebounding from the upwardly revised 0.6% decrease in the prior month. The price index for agricultural exports rose by 0.4%, bouncing back from the 1.9% drop in the previous month amid higher costs of corn, nuts, meat, and vegetables. Meanwhile, those of non-agricultural exports rose by a softer 0.2%, as higher prices of non-agricultural materials, capital goods, and consumer goods outweighed lower prices for automotive vehicles. On a yearly basis, US export prices slipped by 5.9%, the largest decline since a 6.7% drop in May 2020.2023-05-12T12:36:10.717"
Dollar Heads for Positive Week,Currency,"Dollar Heads for Positive WeekUnited States CurrencyThe dollar index firmed up around 102 on Friday and was set for its first weekly gain in three, even after a slew of data pointed to a slowing US economy and supported the case for the Federal Reserve to pause its interest rate hike next month. US consumer inflation unexpectedly slowed to 4.9% in April and fell below 5% for the first time in two years, while producer inflation rose less than expected. The weekly jobless claims also jumped to a 1-½-year high last week, pointing to a weakening labor market as demand slows. Markets are currently priced for a 98% chance that the Fed would keep rates unchanged in June, while rate cuts are projected by the end of the year. Elsewhere, investors continued to monitor risks surrounding the banking sector and the US debt ceiling impasse.2023-05-12T03:26:21.71"
US Natural Gas Stocks Rise More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 78 billion cubic feet (bcf) of gas into storage during the week ended May 5, 2023, more than market expectations of a 74 bcf increase. That compared with an increase of 76 bcf in the same week last year and a five-year (2018-2022) average increase of 87 bcf as cold weather kept heating demand for the fuel high. Last week's increase boosted stockpiles to 2.141 trillion cubic feet (tcf), 509 bcf higher than last year at this time and 332 bcf above the five-year average of 1.809 bcf. At 2.141 tcf, total working gas is within the five-year historical range.2023-05-11T14:57:48.903"
J&J Hits 5-week Low,stocks,J&J Hits 5-week LowUnited States stocksJ&J decreased to a 5-week low of 159.612023-05-11T14:00:05.303
Walt Disney Hits 6-week Low,stocks,Walt Disney Hits 6-week LowUnited States stocksWalt Disney decreased to a 6-week low of 94.72023-05-11T13:30:14.507
Pfizer Hits 24-month Low,stocks,Pfizer Hits 24-month LowUnited States stocksPfizer decreased to a 24-month low of 37.562023-05-11T13:30:10.997
Amazon Hits 14-week High,stocks,Amazon Hits 14-week HighUnited States stocksAmazon increased to a 14-week high of 111.12023-05-11T13:30:04.543
10-Year Treasury Yield Approaches 1-Month Low,Government Bond 10Y,"10-Year Treasury Yield Approaches 1-Month LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell to the 3.35% level in the second week of May, hovering at its lowest in over one month as evidence of slower inflation and a softening labor market strengthened bets of a dovish outlook for the Federal Reserve. Annual producer inflation in the United States slowed more than expected in April, in line with a previous report showing that consumer prices decelerated for the tenth straight month. In the meantime, initial unemployment claims soared to an 18-month high at the beginning of May and added to recent data pointing to a softening labor market. The developments drove swaps to firmly price a tightening pause by the US central bank in its next meeting and raised expectations of multiple rate cuts this year. Additionally, sharp deposit outflows from regional US banks strengthened demand for the safety of Treasuries.2023-05-11T13:15:44.28"
DXY Eases Gains,Currency,"DXY Eases GainsUnited States CurrencyThe dollar index pared some gains to 101.7 on Thursday, after fresh data reinforced the bets that Fed will soon pause the rate hike campaign. Producer inflation fell more than expected in April, while weekly claims rose to the highest level since October 2021, a sign the labour market is cooling. Meanwhile, markets continue to follow the banking sector crisis and the debt ceiling impasse. Treasury Secretary Janet Yellen said the government may be unable to meet all payment obligations as soon as June 1st. President Biden and House Speaker Kevin McCarthy are set to meet again on Friday to further discuss raising the debt ceiling.2023-05-11T12:37:00"
US Core Producer Prices Rise 0.2% MoM in April,Core Producer Prices MoM,"US Core Producer Prices Rise 0.2% MoM in AprilUnited States Core Producer Prices MoMCore producer prices in the United States increased by 0.2% over a month in April 2023, matching market estimates, after a revised flat reading in the prior month. On a yearly basis, core consumer prices rose by 3.2% in April, the least since March 2021 and below market expectations of 3.3%.2023-05-11T12:36:00"
Dollar Edges Higher,Currency,"Dollar Edges HigherUnited States CurrencyThe dollar index edged higher to approach 101.9 on Thursday, recovering from the previous day's losses, as investors digest the outlook for the Fed's monetary policy. The annual inflation rate in the US surprisingly slowed last month, and the core rate also edged lower, prompting more bets that the Fed will soon pause the rate hike campaign and even cut borrowing costs later in the year. Meanwhile, markets continue to follow the banking sector crisis and the debt ceiling impasse. Treasury Secretary Janet Yellen said the government may be unable to meet all payment obligations as soon as June 1st. President Biden and House Speaker Kevin McCarthy are set to meet again on Friday to further discuss raising the debt ceiling.2023-05-11T09:55:10.803"
US 10-Year Treasury Yield Falls Further,Government Bond 10Y,"US 10-Year Treasury Yield Falls FurtherUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell to below 3.4% after the inflation report showed a surprise decline in headline inflation in April while annual core inflation edged lower as expected. The reading strengthened the case for the Fed to pause the tightening cycle next month and raised the likelihood of a rate cut later in the year. Meanwhile, investors are continuing to assess the stability of troubled regional lenders and the debt ceiling impasse after recent talks between President Joe Biden and congressional Republicans showed little progress.2023-05-11T08:03:00"
Dollar  Remains Under Pressure,Currency,"Dollar  Remains Under PressureUnited States CurrencyThe dollar index held below 101.5 on Thursday after losing ground in the previous session as the latest CPI report showed that headline inflation in the US unexpectedly slowed last month, supporting bets that the Federal Reserve will pause its interest rate hikes in June. The annual inflation rate stood at 4.9% in April, defying expectations for no change and falling below 5% for the first time in two years. Money markets are currently pricing a 95% chance of a pause next month, while 5% expect another quarter-point rate hike. The dollar also came under pressure from ongoing negotiations over the US debt ceiling, after a meeting between President Joe Biden and congressional leaders late on Tuesday yielded little progress.2023-05-11T03:42:00"
Microsoft Hits 13-month High,stocks,Microsoft Hits 13-month HighUnited States stocksMicrosoft increased to a 13-month high of 312.032023-05-10T18:44:02
US Budget Surplus Narrows More Than Expected in April,Government Budget Value,"US Budget Surplus Narrows More Than Expected in AprilUnited States Government Budget ValueThe US government budget surplus came at USD 176 billion in April 2023, narrowing from a USD 308 billion surplus in the corresponding period of the previous year, and below market expectations of a USD 235 billion surplus. It pointed to the first budget surplus since April 2022, amid a sharp drop in revenues due to lower non-withheld individual tax receipts. Revenues decreased by 26% to $639 billion, despite marking the second-highest level since a year earlier. Meantime, outlays fell 17% to $462 billion. Considering the first seven months of the 2023 fiscal year, the budget deficit stood at $925 billion, marking a 157% jump from the $360 billion deficit a year earlier.

2023-05-10T18:22:00"
Nike Hits 4-week Low,stocks,Nike Hits 4-week LowUnited States stocksNike decreased to a 4-week low of 122.812023-05-10T16:59:07.62
US Crude Inventories Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 2.951 million barrels in the week ending May 5, 2023, the biggest weekly increase in 11 weeks, compared with market expectations of a 0.917 million drop, data from the EIA Petroleum Status Report showed. Also, crude stocks at the Cushing, Oklahoma delivery hub were up by 397 thousand barrels, following a 541 thousand rise in the previous period. On the other hand, gasoline inventories fell by 3.168 million, more than forecasts of a 1.233 million draw; and distillate stockpiles, which include diesel and heating oil, were also down by 4.17 million barrels, above the consensus for a 0.808 million drop.2023-05-10T14:39:00"
Walmart Hits 15-week High,stocks,Walmart Hits 15-week HighUnited States stocksWalmart increased to a 15-week high of 153.782023-05-10T13:30:48.837
Dollar Edges Lower,Currency,"Dollar Edges Lower United States CurrencyThe dollar index fell to 101.3 on Wednesday, approaching again levels not seen in nearly a year, after the CPI report showed inflation in the US moderated further, increasing bets the Fed will pause rate hikes in June. The annual inflation rate unexpectedly fell to 4.9% in April and the annual core rate edged lower to 5.5% as expected. The dollar also came under pressure from ongoing negotiations over the US debt ceiling, after a meeting between President Joe Biden and congressional leaders late on Tuesday yielded little progress.2023-05-10T12:55:00"
US Energy Prices Down for 2nd Month,Energy Inflation,"US Energy Prices Down for 2nd MonthUnited States Energy InflationThe cost of energy in the US fell by 5.1% year-on-year in April 2023, following a 6.4% decline in the prior month. It was the second consecutive drop in energy prices since January 2021. Prices fell for fuel oil (-20.2% vs -14.2% in March), gasoline (-12.2% vs -17.4%) and natural gas (-2.1% vs 5.5%). In the meantime, electricity prices slowed down (8.4% vs 10.2%).2023-05-10T12:47:00"
US 10-Year Treasury Yield Retreats After CPI,Government Bond 10Y,"US 10-Year Treasury Yield Retreats After CPIUnited States Government Bond 10YThe yield on the 10-year US Treasury note fell to below 3.5% on Wednesday as cooler-than-expected inflation data for April strengthened bets that the Federal Reserve may cut interest rates this year. The annual inflation fell to 4.9%, under the market consensus of 5% to mark the tenth consecutive monthly slowdown. Also, the Federal Reserve’s closely watched core services metric slowed considerably on a monthly basis, as prices decelerated for shelter and fell for transportation services. In the meantime, investors continued to assess the stability of troubled regional lenders and rising tensions regarding lawmakers’ debt ceiling disagreement.2023-05-10T12:43:00"
US Food Inflation Slows to 15-Month Low,Food Inflation,"US Food Inflation Slows to 15-Month LowUnited States Food InflationFood inflation in the United States fell to a 15-month low of 7.7% year-on-year in April 2023, from 8.5% in the prior month and a peak of 11.4% in August 2022. Prices continued to slow down for food at home (7.1% vs 8.4% in March) and food away from home (8.6% vs 8.8%).
2023-05-10T12:42:00"
US Core CPI Rises as Expected,Core Inflation Rate MoM,"US Core CPI Rises as ExpectedUnited States Core Inflation Rate MoMUS core consumer prices, which exclude volatile items such as food and energy, rose by 0.4 percent from a month earlier in April of 2023, unchanged from the previous month and in line with market expectations. Consumer costs rose considerably for used cars and trucks, halting a long series of decreases, and continued to rise for shelter and medical care. Year-on-year, core consumer prices advanced by 5.5%.2023-05-10T12:36:00"
US Core Inflation Rate Eases as Expected,Core Inflation Rate,"US Core Inflation Rate Eases as ExpectedUnited States Core Inflation RateThe annual core consumer price inflation rate in the United States, which excludes volatile items such as food and energy, ticked down to 5.5% in April 2023, as expected, from 5.6% in the prior month, amid a downtick in the cost of rent. On a monthly basis, core consumer prices rose by 0.4% from a month earlier in April, the same pace as in March, in line with market expectations.2023-05-10T12:33:00"
Apollo Global Management earnings below expectations at 1.42 USD,Earnings,"Apollo Global Management earnings below expectations at 1.42 USDUnited States EarningsApollo Global Management (APO) released earnings per share at 1.42 USD, compared to market expectations of 1.46 USD.2023-05-10T11:07:11.957"
TransDigm earnings above expectations at 5.98 USD,Earnings,"TransDigm earnings above expectations at 5.98 USDUnited States EarningsTransDigm (TDG) released earnings per share at 5.98 USD, compared to market expectations of 5.45 USD.2023-05-10T11:07:11.707"
Occidental Petroleum earnings below expectations at 1.09 USD,Earnings,"Occidental Petroleum earnings below expectations at 1.09 USDUnited States EarningsOccidental Petroleum (OXY) released earnings per share at 1.09 USD, compared to market expectations of 1.25 USD.2023-05-10T11:07:11.597"
Air Products & Chemicals earnings above expectations at 2.74 USD,Earnings,"Air Products & Chemicals earnings above expectations at 2.74 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.74 USD, compared to market expectations of 2.65 USD.2023-05-10T11:07:11.423"
Duke Energy earnings below expectations at 1.20 USD,Earnings,"Duke Energy earnings below expectations at 1.20 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.20 USD, compared to market expectations of 1.26 USD.2023-05-10T11:07:11.19"
Airbnb earnings below expectations at 0.18 USD,Earnings,"Airbnb earnings below expectations at 0.18 USDUnited States EarningsAirbnb (ABNB) released earnings per share at 0.18 USD, compared to market expectations of 0.20 USD.2023-05-10T11:07:09.727"
Dollar Eases as Key Inflation Data Looms,Currency,"Dollar Eases as Key Inflation Data LoomsUnited States CurrencyThe dollar index eased to around 101.5 on Wednesday, snapping a two-day advance as investors cautiously awaited a key US inflation report that could guide the outlook for Federal Reserve monetary policy. The upcoming CPI report is expected to show inflation remained elevated with the monthly rate rising by 0.4% and the headline number staying at 5%. Last week, the Fed delivered a widely expected 25 basis point rate hike but opened the door for a possible end to its aggressive tightening cycle. Meanwhile, the dollar came under pressure from ongoing negotiations over the US debt ceiling, after a meeting between President Joe Biden and congressional leaders late on Tuesday yielded little progress.2023-05-10T03:24:00"
US Crude Inventories Above Estimates: API,API Crude Oil Stock Change,"US Crude Inventories Above Estimates: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US rose by 3.618 million barrels in the week that ended May 5th, 2023, following a 3.939 million barrel decline in the previous week and well above market expectation of a 1.600 million barrel decrease, data from the API's Weekly Statistical Bulletin showed. 

2023-05-09T20:33:00"
Apollo Global Management earnings below expectations at 1.42 USD,Earnings,"Apollo Global Management earnings below expectations at 1.42 USDUnited States EarningsApollo Global Management (APO) released earnings per share at 1.42 USD, compared to market expectations of 1.46 USD.2023-05-09T11:30:45.79"
TransDigm earnings above expectations at 5.98 USD,Earnings,"TransDigm earnings above expectations at 5.98 USDUnited States EarningsTransDigm (TDG) released earnings per share at 5.98 USD, compared to market expectations of 5.45 USD.2023-05-09T11:30:41.967"
Duke Energy earnings below expectations at 1.20 USD,Earnings,"Duke Energy earnings below expectations at 1.20 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.20 USD, compared to market expectations of 1.26 USD.2023-05-09T11:30:40.293"
Air Products & Chemicals earnings above expectations at 2.74 USD,Earnings,"Air Products & Chemicals earnings above expectations at 2.74 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.74 USD, compared to market expectations of 2.65 USD.2023-05-09T10:30:50.563"
"US 10-Year Treasury Yield Edges Lower, Inflation Eyed",Government Bond 10Y,"US 10-Year Treasury Yield Edges Lower, Inflation EyedUnited States Government Bond 10YThe yield on the US 10-year Treasury note decreased slightly to 3.5%, following its peak of 3.52% early in the week, as investors assess the monetary policy outlook and await the US inflation report on Wednesday. The payrolls report for April showed a larger-than-expected job gain and rising wage inflation, which has tempered fears of a recession and made it more difficult for the Federal Reserve to justify cutting interest rates. At the same time, traders are continuously evaluating the health of the banking sector, with the Fed's Loan Officer Survey illustrating a persistent tightening of lending conditions, primarily due to the impact of the Fed's monetary policy as opposed to the recent banking turmoil. In the meantime, short-term Treasury yields have increased as the debt-ceiling deadline draws near.2023-05-09T08:46:00"
Dollar Edges Higher Ahead of Inflation Data,Currency,"Dollar Edges Higher Ahead of Inflation DataUnited States CurrencyThe dollar index rose toward 101.5 on Tuesday, rising for the second straight session as investors looked ahead to key US inflation reports this week that could influence the Federal Reserve’s next interest rate decision. Data released Monday also showed that credit conditions for US businesses and households continued to tighten at the start of the year, but it was likely caused by the Fed’s aggressive rate hikes rather than the recent banking turmoil. Meanwhile, the 12-month inflation outlook for the US declined to 4.4% in April from 4.7% in March. Last week, the Fed delivered a widely expected 25 basis point rate hike but opened the door for a possible end to its aggressive tightening cycle.  Investors now look ahead to US consumer inflation data on Wednesday and producer inflation data on Thursday to guide the monetary policy outlook.2023-05-09T03:12:17.21"
US Futures Little Changed Ahead of Inflation,Stock Market,"US Futures Little Changed Ahead of InflationUnited States Stock MarketUS stock futures were little changed on Tuesday as investors cautiously awaited key inflation reports this week that could guide the outlook for the economy and monetary policy. Futures contracts tied to the three major indexes drifted flat to slightly negative. In extended trading, Palantir jumped more than 20% on a strong earnings report and upbeat guidance, while Lucid, PayPal and Skyworks all declined on disappointing quarterly updates. In regular trading on Monday, the Dow fell 0.17%, while the S&P 500 and Nasdaq Composite gained 0.05% and 0.18%, respectively. Communication services, consumer discretionary and financials outperformed the market, while real estate, industrials and utilities slumped the most. Investors now look ahead to consumer inflation data on Wednesday and producer inflation data on Thursday. Meanwhile, companies slated to report earnings on Tuesday include Airbnb, Rivian and Fox Corp.2023-05-08T23:54:00"
US Stocks Little Changed Ahead of Inflation,Stock Market,"US Stocks Little Changed Ahead of InflationUnited States Stock MarketUS stocks struggled for a clear direction after Friday’s rally as the Dow Jones closed more than 50 points lower on Monday, while the S&P 500 finished marginally higher and the Nasdaq edged up nearly 0.2%. Regional banks booked gains, as shares of Republic First Bancorp finished 9% higher while PacWest added 3.6% after gaining 29% during the session as the lender reduced its quarterly dividend. The energy sector was also in the green as oil prices surged. Meanwhile, investors are awaiting the US inflation report on Wednesday for more insights into price pressures and the monetary policy outlook. On the corporate front, although the earnings season is nearing its end, companies such as Disney and PayPal are still due to report quarterly results this week.
2023-05-08T20:04:00"
US Stocks Lack Direction,Stock Market,"US Stocks Lack DirectionUnited States Stock MarketUS stocks struggled for direction on Monday, with the Dow Jones down more than 50 points while both the S&P 500 and the Nasdaq swung between small gains and losses. The worst performers were the tech and real estate sectors, while regional banks saw gains, with shares of PacWest rising by 29% after the lender reduced its quarterly dividend. The energy sector was also in the green as oil prices surged. Meanwhile, investors are awaiting the US inflation report on Wednesday for more insights into price pressures and the monetary policy outlook. On the corporate front, although the earnings season is nearing its end, companies such as Disney and PayPal are still due to report quarterly results this week.2023-05-08T17:51:00"
US Stocks Fall,Stock Market,"US Stocks FallUnited States Stock MarketThe Dow Jones opened with small gains but later reversed to trade around 80 points lower, while the S&P 500 was down 0.1% and the Nasdaq extended losses to fall 0.3%. The worst performers were the tech and real estate sectors, while regional banks saw gains, with shares of PacWest rising by 29% after the lender reduced its quarterly dividend. The energy sector was also in the green as oil prices surged. Meanwhile, investors are awaiting the US inflation report on Wednesday for more insights into price pressures and the monetary policy outlook. On the corporate front, although the earnings season is nearing its end, companies such as Disney and PayPal are still due to report quarterly results this week.2023-05-08T14:23:00"
US 10-Year Treasury Yield Rebounds,Government Bond 10Y,"US 10-Year Treasury Yield ReboundsUnited States Government Bond 10YThe yield on the US 10-year Treasury note has risen to 3.51% as investors look ahead to the US inflation report on Wednesday. The payrolls report for April showed a larger-than-expected job gain and rising wage inflation, which has tempered fears of a recession and made it more difficult for the Federal Reserve to justify cutting interest rates. Meanwhile, investors experienced temporary relief from the regional banking turmoil, but they will be closely watching the release of the Loan Officer Survey for clues on how the recent turmoil has affected lending.2023-05-08T13:30:00"
KKR & Co LP earnings above expectations at 0.81 USD,Earnings,"KKR & Co LP earnings above expectations at 0.81 USDUnited States EarningsKKR & Co LP (KKR) released earnings per share at 0.81 USD, compared to market expectations of 0.74 USD.2023-05-08T11:30:50.353"
US Futures Waver,Stock Market,"US Futures Waver United States Stock MarketContracts on the Dow Jones futures rose by nearly 100 points, and S&P 500 futures gained 0.2%, while Nasdaq 100 was trading close to the flatline on Monday, as investors awaited the US inflation report on Wednesday for more insights into price pressures and the monetary policy outlook. Regional banks saw gains in pre-market trading, with shares of PacWest rising by 34% after the lender reduced its quarterly dividend. Meanwhile, while the earnings season is nearing its end, but companies such as Disney and PayPal are still due to report quarterly results this week. 2023-05-08T10:38:00"
US 10-Year Bond Yield Falls Ahead of US Inflation,Government Bond 10Y,"US 10-Year Bond Yield Falls Ahead of US InflationUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell to 1.43% in the second week of May as investors continued to anticipate that the Federal Reserve will cut rates later this year. Despite the payrolls report for April showing a bigger-than-expected job gain and rising wage inflation, which tempered fears of a recession, most market participants still see a nearly 51% chance of a rate cut in September. To gain further insight into price pressures, traders will closely monitor the US CPI report due on Wednesday. Additionally, the Loan Officer Survey will be watched closely for clues on recent lending standards tightening, while the impasse over the looming US debt ceiling and the slump in bank shares will also be in the spotlight.2023-05-08T09:08:00"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under PressureUnited States CurrencyThe dollar index slipped toward 101 on Monday, extending last week’s decline as the Federal Reserve hinted at the end of its aggressive tightening cycle. On Wednesday, the Fed delivered a widely expected 25 basis point rate hike but removed the “anticipation” of further rate increases from its policy statement. However, Fed Chair Jerome Powell clarified that the committee is not currently advocating for rate cuts based on their inflation outlook. The April jobs report released Friday also showed the US economy unexpectedly added 253K jobs in April, well above forecasts of 180K, while wages grew the most in 9 months. Investors now look ahead to US consumer inflation data on Wednesday and producer inflation data on Thursday, as well as bank lending figures to guide the economic and monetary policy outlook.2023-05-08T04:35:00"
Berkshire Hathaway earnings above expectations at 5522.2 USD,Earnings,"Berkshire Hathaway earnings above expectations at 5522.2 USDUnited States EarningsBerkshire Hathaway (BRKA) released earnings per share at 5522.2 USD, compared to market expectations of 5430.86 USD.2023-05-06T13:41:42.15"
US Consumer Credit  Beats Estimates,Consumer Credit,"US Consumer Credit  Beats EstimatesUnited States Consumer CreditTotal consumer credit in the US rose $26.51 billion in March of 2023, after an upwardly revised $15 billion increase in the previous month and well above market expectations of a $16.5 billion rise. On a seasonally adjusted annual basis, consumer credit went up by 6.6 percent in March after a 3.7 percent gain in the prior month. Revolving credit, like credit cards, was up 17.3 percent, compared to a 5.7 percent rise in the prior month. Nonrevolving credit, typically auto and student loans, increased by 3 percent, following a 3.1 percent gain in the prior month. 
2023-05-05T19:12:31.557"
The Nasdaq 100 Hit 37-week High,Stock Market,The Nasdaq 100 Hit 37-week HighUnited States Stock MarketUSNDX increased to a 37-week high of 132882023-05-05T18:54:16.893
US Used Car Prices Fall for 1st Time in 5 Months,Used Car Prices MoM,"US Used Car Prices Fall for 1st Time in 5 MonthsUnited States Used Car Prices MoMThe Manheim Used Vehicle Value Index, which tracks prices of used vehicles sold at its US wholesale auctions declined 3% month-over-month in April of 2023, the first drop in five months, and the biggest since September. The seasonal adjustment had a downward impact. Four of the eight categories lost less, between 0.8% and 2.8%, while compact cars were flat compared to March, and luxury and midsize cars lost slightly more at 3.3% each. Year-on-year, prices for used cars decreased 4.4%, an eighth straight month of falls, and 'it's likely not over yet', said Chris Frey, senior manager of Economic and Industry Insights for Cox Automotive. Pickups, compacts, and midsize cars lost less than the industry, at 0.2%, 3.4%, and 3.9%, respectively. Luxury lost 9%, and the remaining three segments declined between 5% and 7%.2023-05-05T14:01:42.777"
US Treasury Yields Rise Sharply Following Payrolls Data,Government Bond 10Y,"US Treasury Yields Rise Sharply Following Payrolls DataUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose to above the 3.45% level, rebounding sharply from the one-month low of 3.35% touched on May 4th after strong labor market figures for April ramped up hawkish bets for the Federal Reserve’s policy outlook. More than 250 thousand jobs were added to the US economy, while the unemployment rate fell to 3.4% and wages grew by 0.5%, all tighter than expected, to momentarily reverse the trend of data that pointed to a softening job market. The data added leeway for the Federal Reserve to leave its funds rate elevated for a prolonged period. In its last meeting, the central bank raised its rate by 25bps and refrained from signaling any future rate hikes.2023-05-05T12:50:00"
DXY Rebounds after Jobs Report,Currency,"DXY Rebounds after Jobs ReportUnited States CurrencyThe dollar index rose to 101.7 on Friday after the US jobs report showed the labor market remained strong throwing cold water into expectations that the Federal Reserve rate-hike cycle was over. The US economy unexpectedly added 253K jobs in April, well above forecasts of 180K while wages grew the most in 9 months. 2023-05-05T12:46:00"
US Youth Jobless Rate Falls to New Low since 1953,Youth Unemployment Rate,"US Youth Jobless Rate Falls to New Low since 1953United States Youth Unemployment RateThe youth unemployment rate in the United States, measuring jobseekers between 16 and 24 years old, decreased to 6.5 percent in April 2023, the lowest since 1953, down from 7.5 percent in March.2023-05-05T12:39:00"
US Jobless Rate Falls to Over Five-Decade Low,Unemployment Rate,"US Jobless Rate Falls to Over Five-Decade LowUnited States Unemployment RateThe unemployment rate in the United States edged down to 3.4 percent in April 2023, matching a 50-year low of 3.4 percent seen in January and below market expectations of 3.6 percent. The number of unemployed people decreased by 182  thousand to 5.657 million and employment levels rose by 139 thousand to 161.031 million. Meanwhile, the labor force participation rate was unchanged at 62.6 percent.2023-05-05T12:32:00"
Johnson Controls earnings above expectations at 0.75 USD,Earnings,"Johnson Controls earnings above expectations at 0.75 USDUnited States EarningsJohnson Controls (JCI) released earnings per share at 0.75 USD, compared to market expectations of 0.73 USD.2023-05-05T11:30:56.827"
Cigna earnings above expectations at 5.41 USD,Earnings,"Cigna earnings above expectations at 5.41 USDUnited States EarningsCigna (CI) released earnings per share at 5.41 USD, compared to market expectations of 5.28 USD.2023-05-05T10:30:41.773"
Dollar Set to Finish Week Lower,Currency,"Dollar Set to Finish Week LowerUnited States CurrencyThe dollar index slipped to around 101.2 on Friday and was on track to finish the week lower, as traders ramped up bets that the Federal Reserve could end its aggressive tightening cycle soon and even cut interest rates toward the end of the year. Those speculations came on the heels of growing fears of a US recession and signs of stress at another US regional bank. PacWest shares sank 50% on Thursday following news that the California-based lender has been weighing strategic options, including a possible sale. On Wednesday, the Fed delivered a widely expected 25 basis point rate hike but removed language from its policy statement that it “anticipates” further rate increases would be needed. However, Fed Chair Jerome Powell clarified that the committee is not currently advocating for rate cuts based on their inflation outlook. Investors now look ahead to the April jobs report for more clues on the state of the economy and the likely direction of monetary policy.2023-05-05T02:38:40.66"
Square earnings above expectations at 0.40 USD,Earnings,"Square earnings above expectations at 0.40 USDUnited States EarningsSquare (SQ) released earnings per share at 0.40 USD, compared to market expectations of 0.35 USD.2023-05-04T20:55:19.513"
Microchip Technology earnings above expectations at 1.64 USD,Earnings,"Microchip Technology earnings above expectations at 1.64 USDUnited States EarningsMicrochip Technology (MCHP) released earnings per share at 1.64 USD, compared to market expectations of 1.62 USD.2023-05-04T20:37:58.9"
Fortinet earnings above expectations at 0.34 USD,Earnings,"Fortinet earnings above expectations at 0.34 USDUnited States EarningsFortinet (FTNT) released earnings per share at 0.34 USD, compared to market expectations of 0.29 USD.2023-05-04T20:37:22.537"
Monster Beverage earnings above expectations at 0.38 USD,Earnings,"Monster Beverage earnings above expectations at 0.38 USDUnited States EarningsMonster Beverage (MNST) released earnings per share at 0.38 USD, compared to market expectations of 0.34 USD.2023-05-04T20:36:44.16"
Apple earnings meet market expectations at 1.43 USD,Earnings,"Apple earnings meet market expectations at 1.43 USDUnited States EarningsApple (AAPL) released earnings per share at 1.43 USD, in line with market expectations.2023-05-04T20:31:06.053"
Home Depot Hits 4-week Low,stocks,Home Depot Hits 4-week LowUnited States stocksHome Depot decreased to a 4-week low of 285.62023-05-04T18:49:29.097
US Mortgage Rates Tick Down,30 Year Mortgage Rate,"US Mortgage Rates Tick DownUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage decreased to 6.39% as of May 4, 2023, down from 6.43% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac. “This week, mortgage rates inched down slightly amid recent volatility in the banking sector and commentary from the Federal Reserve on its policy outlook,” said Sam Khater, Freddie Mac’s Chief Economist. “Spring is typically the busiest season for the residential housing market and, despite rates hovering in the mid-six percent range, this year is no different. Interested homebuyers are acclimating to the current rate environment, but the lack of inventory remains a primary obstacle to affordability.” Meanwhile, the 15-year fixed-rate mortgage averaged 5.76%, above 5.71% last week. 2023-05-04T17:47:59.39"
The S&P 500 Hit 5-week Low,Stock Market,The S&P 500 Hit 5-week LowUnited States Stock MarketUS500 decreased to a 5-week low of 40492023-05-04T16:08:00
Goldman Sachs Hits 4-week Low,stocks,Goldman Sachs Hits 4-week LowUnited States stocksGoldman Sachs decreased to a 4-week low of 321.32023-05-04T14:46:07.47
Visa Hits 4-week Low,stocks,Visa Hits 4-week LowUnited States stocksVisa decreased to a 4-week low of 224.282023-05-04T14:25:38.037
American Express Hits 14-week Low,stocks,American Express Hits 14-week LowUnited States stocksAmerican Express decreased to a 14-week low of 148.882023-05-04T14:16:39.32
AT&T Hits 14-week Low,stocks,AT&T Hits 14-week LowUnited States stocksAT&T decreased to a 14-week low of 16.942023-05-04T13:47:18.833
Boeing Hits 5-week Low,stocks,Boeing Hits 5-week LowUnited States stocksBoeing decreased to a 5-week low of 198.152023-05-04T13:42:51.41
DXY Recovers from 2-Day Loss,Currency,"DXY Recovers from 2-Day LossUnited States CurrencyThe dollar index recovered to 101.5 on Thursday, following two days of losses, as investors processed the latest economic data and monetary policy decisions ahead of the monthly jobs report on Friday. The Federal Reserve raised interest rates by 25 bps as anticipated but removed language in its policy statement that suggested additional rate hikes were forthcoming. However, Fed Chair Jerome Powell clarified that the committee is not currently advocating for rate cuts based on their inflation outlook. Economic data revealed that weekly claims surpassed expectations and that US companies cut the fewest jobs in April compared to the rest of the year, while unit labor costs in Q1 accelerated more than expected. On Friday, investors await the monthly jobs report, which is expected to indicate the creation of 180K jobs in April, the lowest since December 2020. Meanwhile, the ECB raised rates by 25 bps, signaling a slower pace of tightening after three consecutive hikes of 50 bps.2023-05-04T12:52:00"
US Imports Fall for 2nd Straight Month,Imports,"US Imports Fall for 2nd Straight MonthUnited States ImportsImports to the United States experienced a second consecutive month of decline in March 2023, falling by USD 1.1 billion to reach USD 320.4 billion. This drop reflected weakening domestic demand, likely caused by the cost-of-living squeeze. Imports of goods decreased USD 1.2 billion, led by lower purchases of capital goods, including semiconductors, electric apparatus, and excavating machinery. Additionally, imports were down for industrial supplies and materials thanks to falling purchases of other petroleum products, fuel oil, organic chemicals and crude oil. On the other hand, consumer goods imports rose due to pharmaceutical preparations and other textile apparel and household goods. Finally, imports of services were up USD 0.1 billion, boosted by travel.2023-05-04T12:44:47.93"
US Productivity Declines More than Forecast in Q1,Productivity,"US Productivity Declines More than Forecast in Q1United States ProductivityNonfarm business sector labor productivity in the United States saw a substantial decline of 2.7 percent in the first quarter of 2023, as per a preliminary estimate. This followed a downwardly revised 1.6 percent increase in the previous three-month period and was much worse than market expectations of a 1.8 percent drop. The output grew by a meager 0.2 percent, compared to 2.9 percent in Q4 2022, while hours worked were up by 3.0 percent, compared to 1.3 percent in Q4. Yearly, productivity declined 0.9 percent in the first quarter of 2023.2023-05-04T12:41:30.47"
US Exports Rebound in March,Exports,"US Exports Rebound in MarchUnited States ExportsExports from the United States increased by USD 5.3 billion from a month earlier to USD 256.2 billion in March 2023. This surge, up from the revised figure of USD 250.9 billion the previous month, indicated a rebound in external demand as inflationary pressures across the globe started to ease. Exports of goods were up USD 5.2 billion mainly due to sales of industrial supplies, in particular crude and fuel oil, and natural gas. In addition, sales of vehicles also increased. Exports of services rose USD 0.1 billion, boosted by travel.2023-05-04T12:38:33.253"
Parker-Hannifin earnings above expectations at 5.93 USD,Earnings,"Parker-Hannifin earnings above expectations at 5.93 USDUnited States EarningsParker-Hannifin (PH) released earnings per share at 5.93 USD, compared to market expectations of 5.02 USD.2023-05-04T12:28:37.033"
American Electric Power earnings below expectations at 1.11 USD,Earnings,"American Electric Power earnings below expectations at 1.11 USDUnited States EarningsAmerican Electric Power (AEP) released earnings per share at 1.11 USD, compared to market expectations of 1.13 USD.2023-05-04T12:28:25.633"
Sempra Energy earnings above expectations at 2.92 USD,Earnings,"Sempra Energy earnings above expectations at 2.92 USDUnited States EarningsSempra Energy (SRE) released earnings per share at 2.92 USD, compared to market expectations of 2.75 USD.2023-05-04T12:28:21.84"
Intercontinental Exchange earnings above expectations at 1.41 USD,Earnings,"Intercontinental Exchange earnings above expectations at 1.41 USDUnited States EarningsIntercontinental Exchange (ICE) released earnings per share at 1.41 USD, compared to market expectations of 1.40 USD.2023-05-04T12:28:09.35"
Zoetis earnings above expectations at 1.31 USD,Earnings,"Zoetis earnings above expectations at 1.31 USDUnited States EarningsZoetis (ZTS) released earnings per share at 1.31 USD, compared to market expectations of 1.25 USD.2023-05-04T12:27:47.467"
ConocoPhillips earnings above expectations at 2.38 USD,Earnings,"ConocoPhillips earnings above expectations at 2.38 USDUnited States EarningsConocoPhillips (COP) released earnings per share at 2.38 USD, compared to market expectations of 2.06 USD.2023-05-04T12:27:30.583"
"Becton, Dickinson and Co. earnings above expectations at 2.86 USD",Earnings,"Becton, Dickinson and Co. earnings above expectations at 2.86 USDUnited States EarningsBecton, Dickinson and Co. (BDX) released earnings per share at 2.86 USD, compared to market expectations of 2.74 USD.2023-05-04T11:34:41.26"
Regeneron Pharmaceuticals earnings above expectations at 10.09 USD,Earnings,"Regeneron Pharmaceuticals earnings above expectations at 10.09 USDUnited States EarningsRegeneron Pharmaceuticals (REGN) released earnings per share at 10.09 USD, compared to market expectations of 9.56 USD.2023-05-04T11:34:30.663"
PG&E earnings meet market expectations at 0.29 USD,Earnings,"PG&E earnings meet market expectations at 0.29 USDUnited States EarningsPG&E (PCG) released earnings per share at 0.29 USD, in line with market expectations.2023-05-04T10:33:11.917"
Dollar Pressured by Fed Pause Bets,Currency,"Dollar Pressured by Fed Pause BetsUnited States CurrencyThe dollar index weakened toward the 101 mark on Thursday, sliding for the third straight session as the Federal Reserve delivered a widely expected 25 basis point rate hike but removed language from its policy statement that it “anticipates” further rate increases would be needed. However, Fed Chair Jerome Powell said that the committee’s current inflation outlook does not support the case for rate cuts. The dollar was also pressured as fears of a wider contagion in the US regional banking space returned following news that PacWest Bank has been weighing strategic options, including a possible sale. Investors now look ahead to initial jobless claims on Thursday and the monthly jobs report on Friday to guide the monetary policy outlook. Elsewhere, the European Central Bank is expected to tighten policy further as well on Thursday.2023-05-04T03:17:16.75"
Equinix earnings above expectations at 2.77 USD,Earnings,"Equinix earnings above expectations at 2.77 USDUnited States EarningsEquinix (EQIX) released earnings per share at 2.77 USD, compared to market expectations of 2.19 USD.2023-05-03T21:26:43.573"
Corteva Inc earnings above expectations at 1.16 USD,Earnings,"Corteva Inc earnings above expectations at 1.16 USDUnited States EarningsCorteva Inc (CTVA) released earnings per share at 1.16 USD, compared to market expectations of 0.94 USD.2023-05-03T21:16:46.937"
MetLife earnings below expectations at 1.52 USD,Earnings,"MetLife earnings below expectations at 1.52 USDUnited States EarningsMetLife (MET) released earnings per share at 1.52 USD, compared to market expectations of 1.83 USD.2023-05-03T20:48:05.323"
US 10-Year Bond Yields Retreats Further,Government Bond 10Y,"US 10-Year Bond Yields Retreats FurtherUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell back to under the 3.4% level, firmly below the one-month high of 3.6% touched on April 19th after the Federal Reserve hiked rates by 25 bps as expected and signaled a potential pause in its 14-month tightening cycle. “The committee will closely monitor incoming information and assess the implications for monetary policy,” the Federal Open Market Committee said in a statement Wednesday. It omitted a line from its previous statement in March that said the committee “anticipates that some additional policy firming may be appropriate.”2023-05-03T18:05:00"
General Electric Hits 15-month High,stocks,General Electric Hits 15-month HighUnited States stocksGeneral Electric increased to a 15-month high of 102.12023-05-03T16:59:01.917
Cisco Systems Hits 14-week Low,stocks,Cisco Systems Hits 14-week LowUnited States stocksCisco Systems decreased to a 14-week low of 45.962023-05-03T15:07:19.35
US Crude Stocks Fall More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Fall More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 1.28 million barrels in the week ending April 28, 2023, above market expectations of a 1.1 million drop, data from the EIA Petroleum Status Report showed. Distillate stockpiles, which include diesel and heating oil, were also down by 1.191 million barrels, more than the consensus for a 1.084 million drop and the fifth consecutive period of decrease in stocks. Meanwhile, crude stocks at the Cushing, Oklahoma delivery hub rose by 541 thousand barrels, following a 319 thousand increase in the previous period. Also, gasoline inventories rose by 1.743 million, compared with forecasts of a 1.157 million draw.2023-05-03T14:41:06.117"
US Output Growth Accelerates to 11-Month High,Composite PMI,"US Output Growth Accelerates to 11-Month HighUnited States Composite PMIThe S&P Global US Composite PMI came in at 53.4 in April 2023, little-changed from the preliminary estimate of 53.5 and showing a solid upturn in private sector business activity that was the fastest since May 2022. The faster increase in activity was due to both the manufacturing and service sectors experiencing quicker growth. Despite a continued decline in new export orders, new business increased at a faster pace, and employment grew the most since July 2022. However, price pressures regained momentum in April, as input costs and output charges rose at sharper rates.2023-05-03T13:59:22.96"
US Services PMI Revised Slightly Down but Remains Strongest in a Year,Services PMI,"US Services PMI Revised Slightly Down but Remains Strongest in a YearUnited States Services PMIThe S&P Global US Services PMI was revised slightly down to 53.6 in April of 2023 from a preliminary of 53.7, but continued to point to the biggest expansion in the services sector in a year, as output, new orders and employment growth all accelerated. The rate of expansion in new orders was the sharpest for almost a year, prompted by greater customer referrals, stronger demand conditions in the domestic market and successful marketing and sales initiatives. Meanwhile, capacity was pressured as backlogs of work rose again, spurring the quickest increase in employment since last August. Concurrently, inflationary pressures regained momentum. Service sector input costs rose at the steepest rate for three months, while the increase in selling prices quickened to the fastest since August 2022. Firms were also more upbeat regarding the year ahead outlook for output. 2023-05-03T13:51:25.767"
Apple Hits 35-week High,stocks,Apple Hits 35-week HighUnited States stocksApple increased to a 35-week high of 170.472023-05-03T13:35:34.21
Yum Brands earnings below expectations at 1.06 USD,Earnings,"Yum Brands earnings below expectations at 1.06 USDUnited States EarningsYum Brands (YUM) released earnings per share at 1.06 USD, compared to market expectations of 1.13 USD.2023-05-03T11:31:08.47"
Kraft Heinz earnings above expectations at 0.68 USD,Earnings,"Kraft Heinz earnings above expectations at 0.68 USDUnited States EarningsKraft Heinz (KHC) released earnings per share at 0.68 USD, compared to market expectations of 0.60 USD.2023-05-03T11:31:01.397"
Exelon earnings above expectations at 0.70 USD,Earnings,"Exelon earnings above expectations at 0.70 USDUnited States EarningsExelon (EXC) released earnings per share at 0.70 USD, compared to market expectations of 0.66 USD.2023-05-03T11:01:23.9"
Emerson Electric earnings above expectations at 1.09 USD,Earnings,"Emerson Electric earnings above expectations at 1.09 USDUnited States EarningsEmerson Electric (EMR) released earnings per share at 1.09 USD, compared to market expectations of 0.97 USD.2023-05-03T11:01:16.067"
Estée Lauder earnings below expectations at 0.47 USD,Earnings,"Estée Lauder earnings below expectations at 0.47 USDUnited States EarningsEstée Lauder (EL) released earnings per share at 0.47 USD, compared to market expectations of 0.51 USD.2023-05-03T11:01:00.017"
CVS Health earnings above expectations at 2.20 USD,Earnings,"CVS Health earnings above expectations at 2.20 USDUnited States EarningsCVS Health (CVS) released earnings per share at 2.20 USD, compared to market expectations of 2.10 USD.2023-05-03T11:00:57.35"
Dollar Eases on Economic Concerns,Currency,"Dollar Eases on Economic ConcernsUnited States CurrencyThe dollar index eased below 101.9 on Wednesday, extending losses from the previous session as weaker-than-anticipated jobs data, concerns over the debt ceiling and banking sector risks piled on fears that the US economy could be headed for a recession. Still, the Federal Reserve is widely expected to deliver another 25 basis point interest rate hike on Wednesday, though analysts remain divided on whether it would keep borrowing costs elevated for the remainder of the year or start cutting rates in the second half. US job openings fell for a third straight month and layoffs increased to the highest in more than two years, suggesting employers are becoming more cautious amid heightened economic uncertainties. Investors also fretted about the collapse of First Republic Bank and its subsequent takeover by JPMorgan, the second-largest bank failure in US history. Markets now look ahead to the latest ADP jobs and services PMI data on Wednesday.2023-05-03T03:05:00"
US Crude Oil Inventories Fall More than Expected: API,API Crude Oil Stock Change,"US Crude Oil Inventories Fall More than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US declined by 3.939 million barrels in the week that ended April 28th, 2023, following a 6.083 million barrel drop in the previous week and above the market expectation of a 1.000 million barrel decrease, data from the API's Weekly Statistical Bulletin showed. 2023-05-02T20:36:37.067"
US 10-Year Bond Yields Retreats Ahead of Fed,Government Bond 10Y,"US 10-Year Bond Yields Retreats Ahead of FedUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell back to under the 3.4% level, firmly below the one-month high of 3.6% touched on April 19th as underwhelming labor market data pared concerns of an overly-hawkish Federal Reserve ahead of the central bank’s rate decision tomorrow. The Fed is widely expected to raise its funds rate by 25bps to finalize its 500bps tightening path. Still, signs of resilient inflation amid softening in the labor market spurred conflicting expectations on the duration that the central bank will hold rates at a high level. Data from the JOLTS showed that job openings in the United States fell to a near two-year low in March. At the same time, fresh PMI data showed that inflation picked up during April, underscoring the stubbornness of price growth to higher borrowing costs.2023-05-02T15:14:00"
US Job Quits Fall in March,Job Quits,"US Job Quits Fall in MarchUnited States Job QuitsThe number of job quits in the United States decreased by 129,000 from the previous month to 3.85 million in March 2023, the lowest level since May 2021 and below the record peak of roughly 4.5 million quits reached in November 2021. Accommodation and food services saw the most significant decline in the number of quits, with a decrease of 178,000. The quits rate, which measures the proportion of voluntary job leavers among total employment, fell to 2.5% from 2.6% in February, matching the lowest in two years. 2023-05-02T14:06:00"
Chevron Hits 4-week Low,stocks,Chevron Hits 4-week LowUnited States stocksChevron decreased to a 4-week low of 1642023-05-02T13:36:57.463
Exxon Mobil Hits 4-week Low,stocks,Exxon Mobil Hits 4-week LowUnited States stocksExxon Mobil decreased to a 4-week low of 113.062023-05-02T13:34:15.067
Merck & Co Hits Near 51-year High,stocks,Merck & Co Hits Near 51-year HighUnited States stocksMerck & Co increased to a near 51-year high of 117.012023-05-02T13:33:48.617
Cheniere Energy earnings below expectations at 5.43 USD,Earnings,"Cheniere Energy earnings below expectations at 5.43 USDUnited States EarningsCheniere Energy (LNG) released earnings per share at 5.43 USD, compared to market expectations of 5.61 USD.2023-05-02T12:12:00.4"
Sysco earnings below expectations at 0.90 USD,Earnings,"Sysco earnings below expectations at 0.90 USDUnited States EarningsSysco (SYY) released earnings per share at 0.90 USD, compared to market expectations of 0.92 USD.2023-05-02T12:11:58.193"
Ecolab earnings above expectations at 0.88 USD,Earnings,"Ecolab earnings above expectations at 0.88 USDUnited States EarningsEcolab (ECL) released earnings per share at 0.88 USD, compared to market expectations of 0.86 USD.2023-05-02T12:11:56.017"
Illinois Tool Works earnings above expectations at 2.33 USD,Earnings,"Illinois Tool Works earnings above expectations at 2.33 USDUnited States EarningsIllinois Tool Works (ITW) released earnings per share at 2.33 USD, compared to market expectations of 2.23 USD.2023-05-02T12:11:51.02"
Marriott International earnings above expectations at 2.09 USD,Earnings,"Marriott International earnings above expectations at 2.09 USDUnited States EarningsMarriott International (MAR) released earnings per share at 2.09 USD, compared to market expectations of 1.85 USD.2023-05-02T11:30:47.813"
MPLX earnings above expectations at 0.91 USD,Earnings,"MPLX earnings above expectations at 0.91 USDUnited States EarningsMPLX (MPLX) released earnings per share at 0.91 USD, compared to market expectations of 0.83 USD.2023-05-02T11:01:14.287"
Idexx Laboratories earnings above expectations at 2.55 USD,Earnings,"Idexx Laboratories earnings above expectations at 2.55 USDUnited States EarningsIdexx Laboratories (IDXX) released earnings per share at 2.55 USD, compared to market expectations of 2.43 USD.2023-05-02T11:01:10.403"
Marathon Petroleum earnings above expectations at 6.09 USD,Earnings,"Marathon Petroleum earnings above expectations at 6.09 USDUnited States EarningsMarathon Petroleum (MPC) released earnings per share at 6.09 USD, compared to market expectations of 5.50 USD.2023-05-02T11:01:08.273"
Thomson Reuters USA earnings above expectations at 0.82 USD,Earnings,"Thomson Reuters USA earnings above expectations at 0.82 USDUnited States EarningsThomson Reuters USA (TRI) released earnings per share at 0.82 USD, compared to market expectations of 0.80 USD.2023-05-02T11:01:06.003"
Uber earnings below expectations at -3.04 USD,Earnings,"Uber earnings below expectations at -3.04 USDUnited States EarningsUber (UBER) released earnings per share at -3.04 USD, compared to market expectations of -0.09 USD.2023-05-02T11:01:02.15"
Pfizer earnings above expectations at 1.23 USD,Earnings,"Pfizer earnings above expectations at 1.23 USDUnited States EarningsPfizer (PFE) released earnings per share at 1.23 USD, compared to market expectations of 0.98 USD.2023-05-02T11:00:44.527"
Enterprise Products Partners earnings above expectations at 0.63 USD,Earnings,"Enterprise Products Partners earnings above expectations at 0.63 USDUnited States EarningsEnterprise Products Partners (EPD) released earnings per share at 0.63 USD, compared to market expectations of 0.62 USD.2023-05-02T10:31:00.68"
Dollar Holds Up on Strong US Data,Currency,"Dollar Holds Up on Strong US DataUnited States CurrencyThe dollar index held up around 102 on Tuesday after rising for three straight sessions, underpinned by better-than-projected US manufacturing data and firm expectations that the Federal Reserve will raise interest rates again this week. The ISM Manufacturing PMI in the US grew to 47.1 in April from 46.3 in March, exceeding forecasts of 46.8 as new orders improved and employment rebounded. Meanwhile, the Fed is widely anticipated to deliver another 25 basis point rate hike on Wednesday, though analysts remain split on whether the regulator would keep borrowing costs elevated for the remainder of the year or start cutting rates in the second half. Other major central banks, including the European Central Bank and Reserve Bank of Australia, will also decide on monetary policy this week.2023-05-02T02:51:00"
US Futures Edge Lower Ahead of Fed Meeting,Stock Market,"US Futures Edge Lower Ahead of Fed MeetingUnited States Stock MarketUS stock futures edged lower on Tuesday as investors geared up for the Federal Reserve’s policy meeting. Futures contracts tied to the three major indexes were all down at least 0.1%. In regular trading on Monday, the Dow fell 0.14%, the S&P 500 shed 0.04% and the Nasdaq Composite lost 0.11%. Those losses came as investors reacted to news that JPMorgan won the weekend auction for troubled First Republic Bank. Meanwhile, analysts noted that subdued trading activity is expected in the days leading up to a Fed policy meeting. The central bank is widely expected to deliver another 25 basis point rate hike, and markets will focus on guidance for the future path of rates. Investors now look ahead to job openings, factory orders and light vehicle sales data on Tuesday, as well as earnings reports from Uber, Pfizer, Ford, Starbucks and Advanced Micro Devices, among others.2023-05-02T00:03:00"
Vertex Pharmaceuticals earnings above expectations at 3.05 USD,Earnings,"Vertex Pharmaceuticals earnings above expectations at 3.05 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 3.05 USD, compared to market expectations of 3.03 USD.2023-05-01T20:30:20.237"
US Treasury Yields Rise Sharply,Government Bond 10Y,"US Treasury Yields Rise Sharply United States Government Bond 10YThe yield on the US 10-year Treasury note rose to the 3.55% level, approaching the one-month high of 3.6% from April 16th amid evidence of high inflation and eased concerns over turmoil in the banking sector. JPMorgan agreed to acquire First Republic Bank’s assets and assume its deposits in a government-led deal, ending the risks that the troubled lender posed on the financial system and lowering demand for the safety of US Treasuries. In the meantime, PMI data from ISM and S&P showed that inflationary pressures rebounded considerably in April. Markets are in full consensus that the Federal Reserve will raise rates by 25bps this week, and swap prices show that investors are reconsidering bets that the central bank will still deliver rate cuts this year. 2023-05-01T15:57:59.24"
DXY Tops 102,Currency,"DXY Tops 102United States CurrencyThe dollar index rose past 102 on Monday, extending gains for the fourth session, following a better-than-expected PMI reading ahead of the Federal Reserve’s interest rate decision on Wednesday. The Institute for Supply Management (ISM) said  that its manufacturing PMI rose to 47.1 last month from 46.3 in March, ahead of forecast of 46.8 as new orders improved and employment rebounded. The Fed is widely expected to deliver another 25 basis point rate hike on Wednesday, though analysts remain split on whether the central bank would keep borrowing costs elevated for the remainder of the year or start cutting rates in the second half. Other major central banks including the European Central Bank and Reserve Bank of Australia will also decide on monetary policy this week.2023-05-01T14:57:00"
US Manufacturing PMI Revised Lower: S&P Global,Manufacturing PMI,"US Manufacturing PMI Revised Lower: S&P GlobalUnited States Manufacturing PMIThe S&P Global Manufacturing PMI for the US was revised lower to 50.2 in April 2023 from a preliminary of 50.4, and compared to 49.2 in March. New orders returned to expansion territory and production increased at the fastest pace since May 2022 while new export orders contracted further. Nonetheless, anticipations of greater future sales led firms to ramp up employment, with the rate of job creation reaching the fastest since September 2022. Despite subdued customer orders and another drop in input buying, suppliers hiked their prices at a steeper rate. Cost burdens rose at the sharpest pace for three months, as selling prices also increased at an accelerated rate.  Looking ahead, the degree of optimism rose to the strongest for three months and was broadly in line with the series long-run average.2023-05-01T13:50:00"
Nike Hits 12-week High,stocks,Nike Hits 12-week HighUnited States stocksNike increased to a 12-week high of 127.52023-05-01T13:33:28.947
Goldman Sachs Hits 7-week High,stocks,Goldman Sachs Hits 7-week HighUnited States stocksGoldman Sachs increased to a 7-week high of 345.242023-05-01T13:31:38.047
JPMorgan Hits 7-week High,stocks,JPMorgan Hits 7-week HighUnited States stocksJPMorgan increased to a 7-week high of 142.042023-05-01T13:30:14.053
US Stock Futures Little-Changed on Monday,Stock Market,"US Stock Futures Little-Changed on MondayUnited States Stock MarketUS stock futures showed little movement on the first trading session of May, as investors processed news that US regulators have approved the sale of First Republic Bank's assets to JPMorgan, as part of efforts to restore confidence in the financial system following the collapse of three regional banks in the US. In April, the major index averages ended higher, with the Dow Jones registering its best monthly gain since January, rising 2.5%, and the S&P 500 increasing 1.5%, a second consecutive month of rises. Investors were buoyed by mostly positive earnings reports, particularly from technology firms, indicating that companies are performing well despite persistent inflation, higher interest rates, and growing concerns of a recession. Investors are now focused on upcoming corporate earnings, key economic data, and the Federal Reserve's policy decision this week.2023-05-01T10:13:00"
Dollar Firms Up as Fed Decision Looms,Currency,"Dollar Firms Up as Fed Decision LoomsUnited States CurrencyThe dollar index rose toward 102 on Monday, rising for the third straight session as investors gear up for the Federal Reserve’s interest rate decision this week. The Fed is widely expected to deliver another 25 basis point rate hike on Wednesday, though analysts remain split on whether the central bank would keep borrowing costs elevated for the remainder of the year or start cutting rates in the second half. Data on Friday showed that US consumer sentiment improved in April, while core PCE inflation exceeded forecasts in March. Investors now look ahead to the monthly jobs report and ISM manufacturing and services PMI data this week to guide the economic and monetary policy outlook in the US. Other major central banks including the European Central Bank and Reserve Bank of Australia will also decide on monetary policy this week.2023-05-01T02:37:00"
US Futures Flat at First Trading Day of May,Stock Market,"US Futures Flat at First Trading Day of MayUnited States Stock MarketUS stock futures were little changed on Monday after the major averages notched gains in April, while investors are searching for fresh catalysts in May. Futures contracts tied to the three major indexes were flat to slightly negative. For the month of April, the Dow gained 2.48%, the S&P 500 climbed 1.46% and the Nasdaq Composite added 0.04%, with all three benchmarks rising for the second straight month. Investors cheered mostly positive earnings reports especially from technology firms, which suggested that companies are doing well in the face of persistent inflation, higher interest rates and growing recession fears. Meanwhile, regulators have called on banks to submit a final offer for troubled lender First Republic amid a deposit flight, with JPMorgan Chase and PNC among the likely bidders. Investors now look ahead to more corporate earnings, key economic data and the Federal Reserve’s policy decision this week.2023-04-30T23:54:00"
Southern Co. earnings below expectations at 0.70 USD,Earnings,"Southern Co. earnings below expectations at 0.70 USDUnited States EarningsSouthern Co. (SO) released earnings per share at 0.70 USD, compared to market expectations of 0.74 USD.2023-04-28T20:34:35.48"
The Dow Jones HIT 10-week High,Stock Market,The Dow Jones HIT 10-week HighUnited States Stock MarketUS30 increased to a 10-week high of 340852023-04-28T16:32:20.34
Walt Disney Hits 7-week High,stocks,Walt Disney Hits 7-week HighUnited States stocksWalt Disney increased to a 7-week high of 102.222023-04-28T14:51:46.247
US Consumer Sentiment Improvement Confirmed,Consumer Confidence,"US Consumer Sentiment Improvement ConfirmedUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US increased to 63.5 in April 2023 from 62 in March, in line with preliminary estimates. A rise was seen in both current conditions (68.2 vs 66.3 in March) and expectations (60.5 vs 59.2). Meanwhile inflation for the year-ahead is seen jumping to a five-month high of 4.6% from 3.6% while the five-year gauge went up to 3% from  2.9%. Despite the increasingly negative news on business conditions heard by consumers, their short and long-run economic outlook improved modestly from last month. These improvements were balanced by worsening assessments of personal finances due to higher expenses, reflecting the ongoing pain stemming from continued high prices.2023-04-28T14:10:18.053"
US 10-Year Bond Yield Eases,Government Bond 10Y,"US 10-Year Bond Yield EasesUnited States Government Bond 10YThe yield on the 10-year US Treasury note, seen as a proxy for borrowing costs worldwide, fell below the 3.45% mark on Friday after a batch of economic data offered new insights on how the US economy fares in a higher interest rate environment. Core PCE prices, which are the Federal Reserve’s preferred inflation metric, slowed less than expected and surpassed the headline figures to underscore the risks of entrenched price growth as energy prices fall. At the same time, employment costs and personal income figures surpassed expectations, supporting short-term bond yields. The data aligned with the FOMC members’ calls for elevated borrowing costs for the remainder of the year, and consolidated bets of a 25bps rate hike by the Fed next week.2023-04-28T13:24:00"
DXY Set for Weekly Gain,Currency,"DXY Set for Weekly GainUnited States CurrencyThe dollar index rose to 102 on Friday and was 0.4% up for the week, as investors expect the Federal Reserve to deliver another 25 basis point interest rate hike in May. The latest data showed compensation costs for civilian workers in the US increased 1.2% in Q1, faster than a 1% rise in Q4 and above expectations. Meanwhile, core PCE inflation rose 0.3% in March as expected. Looking at growth, the US economy expanded less than expected in the first quarter but consumer spending remained resilient.2023-04-28T13:01:00"
US Core PCE Inflation Surpasses Expectations,Core PCE Price Index Annual Change,"US Core PCE Inflation Surpasses ExpectationsUnited States Core PCE Price Index Annual ChangeThe US core PCE price index, the Federal Reserve’s preferred gauge to measure inflation, rose by 4.6% annually in March of 2023, easing from the 4.7% in the previous month and matching the 13-month low from December 2022. The result overshot market expectations of 4.5%, raising bets that the Federal Reserve will commit to its hawkish stance and leave rates elevated for a prolonged period.2023-04-28T12:52:55.263"
US Personal Income Slightly Above Forecasts,Personal Income,"US Personal Income Slightly Above ForecastsUnited States Personal IncomePersonal income in the United States rose by 0.3 percent from a month earlier in March 2023, maintaining the same growth pace as in February and slightly exceeding market expectations of a 0.2 percent rise. The growth was driven by a 0.3 percent increase in compensation, led by private wages and salaries. Additionally, personal income receipts on assets and rental income of persons grew by 0.5 percent and 1.4 percent, respectively. However, proprietors' income saw a 0.1 percent decline due to falling farm income. Meanwhile, personal current transfer receipts remained unchanged, mainly due to a decrease in ""other"" government social benefits as pandemic-related emergency benefits for the Supplemental Nutrition Assistance Program came to an end.2023-04-28T12:37:00"
US Core PCE Prices Rise 0.3% in March,Core PCE Price Index MoM,"US Core PCE Prices Rise 0.3% in MarchUnited States Core PCE Price Index MoMCore PCE prices in the US, which exclude food and energy, rose by 0.3% month-over-month in March of 2023, the same pace as the prior month and in line with market expectations. The annual rate, the Federal Reserve's preferred gauge to measure inflation, slowed down to 4.6%, slightly above market expectations of 4.5% but equalling the 13-month low from December 2022. The result underscores the resilience of US inflation from the Federal Reserve's aggressive tightening path, strengthening the FOMC's signals that borrowing costs are to remain elevated until the end of the year.2023-04-28T12:34:00"
US PCE Inflation Lowest since May 2021,PCE Price Index Annual Change,"US PCE Inflation Lowest since May 2021United States PCE Price Index Annual ChangeThe personal consumption expenditure price index in the United States rose by 4.2% year-on-year in March 2023, the lowest since May 2021 and easing from an upwardly revised 5.1% rise in the previous month. Prices for goods were up 1.6% (vs 4.7% in February) and prices for services increased 5.7% (vs 5.6%). Food cost rose 9.7% (vs 11.1%) and energy prices increased 5.5% (vs 5.8%). Compared to the previous month, the PCE Price Index went up by 0.1%.2023-04-28T12:32:00"
Charter Communications earnings below expectations at 6.65 USD,Earnings,"Charter Communications earnings below expectations at 6.65 USDUnited States EarningsCharter Communications (CHTR) released earnings per share at 6.65 USD, compared to market expectations of 7.47 USD.2023-04-28T11:30:50.787"
Colgate-Palmolive earnings above expectations at 0.73 USD,Earnings,"Colgate-Palmolive earnings above expectations at 0.73 USDUnited States EarningsColgate-Palmolive (CL) released earnings per share at 0.73 USD, compared to market expectations of 0.70 USD.2023-04-28T11:01:13.097"
Exxon Mobil earnings above expectations at 2.83 USD,Earnings,"Exxon Mobil earnings above expectations at 2.83 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 2.83 USD, compared to market expectations of 2.60 USD.2023-04-28T11:00:47.3"
Chevron earnings above expectations at 3.55 USD,Earnings,"Chevron earnings above expectations at 3.55 USDUnited States EarningsChevron (CVX) released earnings per share at 3.55 USD, compared to market expectations of 3.38 USD.2023-04-28T10:30:50.18"
Dollar Heads for Second Monthly Drop,Currency,"Dollar Heads for Second Monthly DropUnited States CurrencyThe dollar index steadied above 101.5 on Friday but was still set to decline for the second straight month amid growing expectations that the Federal Reserve could soon end its aggressive tightening campaign. Data on Thursday showed that the US economy grew less than expected in the first quarter as business investment growth slowed down, inventories declined and rising interest rates continued to hurt the housing market. Still, consumer spending remained resilient, while a key inflation measure rose to a one-year high. The Fed is widely expected to deliver another 25 basis point interest rate hike in May, though analysts remain split on whether the central bank would keep borrowing costs elevated for the remainder of the year or start cutting rates in the second half.2023-04-28T04:17:59.407"
US Futures Ease as Tech Earnings Disappoint,Stock Market,"US Futures Ease as Tech Earnings DisappointUnited States Stock MarketUS stock futures eased on Friday as investors digested a fresh batch of corporate earnings, with disappointing results from major tech companies hurting sentiment. Futures contracts tied to the three major indexes were all down about 0.1%. In extended trading, Amazon fell 2% despite a revenue beat, as the firm raised concerns of ongoing weakness in cloud growth. Snap also sank 18% on a revenue miss and Pinterest tumbled 13% on a soft second-quarter revenue guidance, while Intel jumped 4% after exceeding forecasts on the top and bottom lines. In regular trading on Thursday, the Dow jumped 1.57%, the S&P 500 surged 1.96% and the Nasdaq Composite rallied 2.43%, with all 11 S&P sectors finishing higher. Those gains came as strong earnings from Meta fueled a rally in tech stocks and overshadowed concerns about a Fed-induced economic slowdown. Investors also shrugged off weaker-than-expected first quarter GDP data.2023-04-27T23:58:00"
Republic Services earnings above expectations at 1.24 USD,Earnings,"Republic Services earnings above expectations at 1.24 USDUnited States EarningsRepublic Services (RSG) released earnings per share at 1.24 USD, compared to market expectations of 1.14 USD.2023-04-27T20:49:02.267"
L3Harris Technologies Inc earnings above expectations at 2.86 USD,Earnings,"L3Harris Technologies Inc earnings above expectations at 2.86 USDUnited States EarningsL3Harris Technologies Inc (LHX) released earnings per share at 2.86 USD, compared to market expectations of 2.85 USD.2023-04-27T20:47:44.59"
Capital One Financial earnings below expectations at 2.31 USD,Earnings,"Capital One Financial earnings below expectations at 2.31 USDUnited States EarningsCapital One Financial (COF) released earnings per share at 2.31 USD, compared to market expectations of 3.87 USD.2023-04-27T20:47:00.783"
Arthur J. Gallagher earnings above expectations at 3.03 USD,Earnings,"Arthur J. Gallagher earnings above expectations at 3.03 USDUnited States EarningsArthur J. Gallagher (AJG) released earnings per share at 3.03 USD, compared to market expectations of 2.99 USD.2023-04-27T20:46:22.933"
Gilead Sciences earnings below expectations at 1.37 USD,Earnings,"Gilead Sciences earnings below expectations at 1.37 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 1.37 USD, compared to market expectations of 1.53 USD.2023-04-27T20:44:10.177"
T-Mobile Us earnings above expectations at 1.58 USD,Earnings,"T-Mobile Us earnings above expectations at 1.58 USDUnited States EarningsT-Mobile Us (TMUS) released earnings per share at 1.58 USD, compared to market expectations of 1.52 USD.2023-04-27T20:36:06.11"
Dexcom earnings above expectations at 0.17 USD,Earnings,"Dexcom earnings above expectations at 0.17 USDUnited States EarningsDexcom (DXCM) released earnings per share at 0.17 USD, compared to market expectations of 0.15 USD.2023-04-27T20:30:51.933"
US Stocks Surge on Upbeat Earnings,Stock Market,"US Stocks Surge on Upbeat EarningsUnited States Stock MarketThe Dow closed more than 520 points higher on Thursday, while the S&P 500 and Nasdaq 100 were up 2% and 2.4%, respectively, as upbeat earnings took over concerns about a Fed-induced economic slowdown. Meta Platforms soared 13.9% after the Facebook parent beat revenue expectations in the first quarter and issued strong guidance for the current period. Shares of other social media giants like Snap and Pinterest moved in tandem deep into the green. On top of that, Eli Lilly rose 3.7% after raising its full-year profit forecast, while Comcast rallied 10.3% after beating earnings and revenue estimates. However, the US economy saw slower growth than expected in Q1, and the PCE index indicated an increase in inflation during the same period. Amazon and Intel are due to release earning reports after the bell.
2023-04-27T20:03:00"
Kansas Fed Manufacturing Index Lowest Since May 2020,Kansas Fed Manufacturing Index,"Kansas Fed Manufacturing Index Lowest Since May 2020United States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production index fell to -21 in April 2023 from 3 in the previous month, the lowest since May 2020 and below market expectations of 3. The decline was driven more by nondurable goods plants, especially printing, plastics, paper, and food manufacturing. All month-over-month indexes declined, except for the raw materials prices, finished product prices, average employee workweek, and supplier delivery time indexes. Materials inventory and capital expenditures indexes increased on a year-over-year basis, while all other annual indexes fell, with the composite index declining from 6 to -2. The future composite index stayed at 3 in April. Expectations for activity in six months remained similar to last month, except for a decrease in materials inventory and an uptick in supplier delivery time, which turned positive for the first time since October 2022. 2023-04-27T15:08:24.48"
US Annual GDP Growth Accelerates in Q1,GDP Annual Growth Rate,"US Annual GDP Growth Accelerates in Q1United States GDP Annual Growth RateThe US economic growth accelerated to 1.6 percent year-on-year during the first quarter of 2023, up from 0.9 percent in the previous period, a preliminary estimate showed. Consumer spending rose at a faster pace (2.3 percent vs 1.7 percent in Q4), despite the stubbornly high inflation, due to a rebound in goods purchases (0.8 percent vs -0.8 percent) and a solid increase in services consumption (3.0 percent, the same as in Q4). In addition, public spending increased 2.6 percent, the most since the second quarter of 2020, and net external demand contributed positively to the GDP as exports rose and imports fell. Meanwhile, nonresidential fixed investment growth slowed to 2.7 percent (vs 4.5 percent in Q4) and residential fixed investment tumbled 19.0 percent, a sixth period of contraction, as rising borrowing costs continued to hurt the housing market.2023-04-27T14:47:12.327"
US Natural Gas Stocks Rise More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 79 billion cubic feet (bcf) of gas into storage during the week ended April 21, 2023, more than market expectations of a 75 bcf increase, as mild weather kept heating demand low. That compares with an increase of 42 bcf in the same week last year and a five-year (2018-2022) average increase of 43 bcf. Last week's increase boosted stockpiles to 2.009 trillion cubic feet (tcf), 525 bcf higher than last year at this time and 365 bcf above the five-year average of 1,644 bcf. At 2.009 tcf, total working gas is within the five-year historical range.2023-04-27T14:35:03.843"
US Stocks Rise Amid Upbeat Earnings,Stock Market,"US Stocks Rise Amid Upbeat EarningsUnited States Stock MarketThe Dow rose over 500 points on Thursday afternoon, while the S&P 500 and Nasdaq 100 were up 1.9% and 2.4%, respectively, as upbeat corporate results offset concerns about a Fed-induced economic slowdown. Meta Platforms jumped almost 15% after the Facebook parent beat revenue expectations in the first quarter and issued strong guidance for the current period. Shares of other social media giants like Snap and Pinterest moved in tandem deep into the green. On top of that, Eli Lilly rose 2% after raising its full-year profit forecast, while Comcast rallied over 8% after beating earnings and revenue estimates. However, the US economy saw slower growth than expected in Q1, and the PCE index indicated an increase in inflation during the same period.2023-04-27T13:33:00"
Caterpillar Hits 26-week Low,stocks,Caterpillar Hits 26-week LowUnited States stocksCaterpillar decreased to a 26-week low of 208.912023-04-27T13:30:44.423
Facebook | Meta Hits 14-month High,stocks,Facebook | Meta Hits 14-month HighUnited States stocksFacebook | Meta increased to a 14-month high of 239.992023-04-27T13:30:07.447
Seattle Genetics earnings below expectations at -0.93 USD,Earnings,"Seattle Genetics earnings below expectations at -0.93 USDUnited States EarningsSeattle Genetics (SGEN) released earnings per share at -0.93 USD, compared to market expectations of -0.83 USD.2023-04-27T13:01:33.673"
Treasury Yields Jump Following GDP Data,Government Bond 10Y,"Treasury Yields Jump Following GDP DataUnited States Government Bond 10YThe yield on the 10-year US Treasury note, seen as a proxy for borrowing costs worldwide, rose to above the 3.45% mark on Thursday after a round of fresh economic data showed inflation remains a threat to the US economy, strengthening the case for a rate hike next week. Core PCE prices, which are the chosen inflation metric by the Federal Reserve, grew by a hotter-than-expected 4.9% in the quarter, and the headline PCE price index increased by 4.2%, above expectations. Also, although the US economy grew less than expected in Q1, consumer spending remained robust on the back of a strong labor market. Reinforcing the view, weekly unemployment fell in the latest week. 2023-04-27T12:55:00"
DXY Rebounds after GDP Data,Currency,"DXY Rebounds after GDP DataUnited States CurrencyThe dollar index surged to 101.6 on Thursday, after investors came to terms that recent GDP data will not prevent the Federal Reserve from raising rates next week. The US economy grew less than expected in Q1 as business investment slowed down, residential investment declined and private inventory contributed negatively to the growth. Still, consumer spending remained resilient, increasing by 3.7% and the personal consumption expenditures price index, an inflation measure that the Federal Reserve follows closely, increased by 4.2%, ahead of estimates.2023-04-27T12:42:00"
Mastercard earnings above expectations at 2.80 USD,Earnings,"Mastercard earnings above expectations at 2.80 USDUnited States EarningsMastercard (MA) released earnings per share at 2.80 USD, compared to market expectations of 2.71 USD.2023-04-27T12:16:59.82"
AbbVie earnings meet market expectations at 2.46 USD,Earnings,"AbbVie earnings meet market expectations at 2.46 USDUnited States EarningsAbbVie (ABBV) released earnings per share at 2.46 USD, in line with market expectations.2023-04-27T12:00:50.823"
IQVIA Holdings Inc earnings below expectations at 1.53 USD,Earnings,"IQVIA Holdings Inc earnings below expectations at 1.53 USDUnited States EarningsIQVIA Holdings Inc (IQV) released earnings per share at 1.53 USD, compared to market expectations of 2.41 USD.2023-04-27T11:31:32.69"
Newmont Mining earnings above expectations at 0.40 USD,Earnings,"Newmont Mining earnings above expectations at 0.40 USDUnited States EarningsNewmont Mining (NEM) released earnings per share at 0.40 USD, compared to market expectations of 0.36 USD.2023-04-27T11:31:28.837"
Keurig Dr Pepper earnings above expectations at 0.34 USD,Earnings,"Keurig Dr Pepper earnings above expectations at 0.34 USDUnited States EarningsKeurig Dr Pepper (KDP) released earnings per share at 0.34 USD, compared to market expectations of 0.33 USD.2023-04-27T11:31:20.19"
Altria earnings below expectations at 1.18 USD,Earnings,"Altria earnings below expectations at 1.18 USDUnited States EarningsAltria (MO) released earnings per share at 1.18 USD, compared to market expectations of 1.19 USD.2023-04-27T11:31:16.417"
S&P Global Inc earnings above expectations at 3.15 USD,Earnings,"S&P Global Inc earnings above expectations at 3.15 USDUnited States EarningsS&P Global Inc (SPGI) released earnings per share at 3.15 USD, compared to market expectations of 2.92 USD.2023-04-27T11:31:10.89"
Bristol-Myers Squibb earnings above expectations at 2.05 USD,Earnings,"Bristol-Myers Squibb earnings above expectations at 2.05 USDUnited States EarningsBristol-Myers Squibb (BMY) released earnings per share at 2.05 USD, compared to market expectations of 1.97 USD.2023-04-27T11:30:57.743"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketStock futures contracts tied to the Dow Jones rose 0.5% on Thursday, while those linked to the S&P 500 and Nasdaq were up 0.6% and 0.9%, respectively, as investors welcomed upbeat corporate results. Meta Platforms jumped almost 12% in premarket trading after the Facebook parent beat revenue expectations in the first quarter and issued strong guidance for the current period. Shares of other social media giants, such as Snap and Pinterest, were also trading deep in the green. On top of that, Comcast rose by over 2% after beating earnings and revenue estimates. However, concerns about the US banking sector have dampened the upbeat mood, with First Republic Bank experiencing an 80% drop in the last two sessions. On the economic front, the US economy experienced slower-than-expected growth during Q1, while inflation measured by the PCE index accelerated during the same period.2023-04-27T11:25:00"
Comcast earnings above expectations at 0.92 USD,Earnings,"Comcast earnings above expectations at 0.92 USDUnited States EarningsComcast (CMCSA) released earnings per share at 0.92 USD, compared to market expectations of 0.82 USD.2023-04-27T11:04:51.12"
Valero Energy earnings above expectations at 8.27 USD,Earnings,"Valero Energy earnings above expectations at 8.27 USDUnited States EarningsValero Energy (VLO) released earnings per share at 8.27 USD, compared to market expectations of 6.94 USD.2023-04-27T11:01:49.577"
Roper Industries earnings above expectations at 3.90 USD,Earnings,"Roper Industries earnings above expectations at 3.90 USDUnited States EarningsRoper Industries (ROP) released earnings per share at 3.90 USD, compared to market expectations of 3.86 USD.2023-04-27T11:01:43.63"
Hershey earnings above expectations at 2.96 USD,Earnings,"Hershey earnings above expectations at 2.96 USDUnited States EarningsHershey (HSY) released earnings per share at 2.96 USD, compared to market expectations of 2.67 USD.2023-04-27T11:01:40.407"
Northrop Grumman earnings above expectations at 5.50 USD,Earnings,"Northrop Grumman earnings above expectations at 5.50 USDUnited States EarningsNorthrop Grumman (NOC) released earnings per share at 5.50 USD, compared to market expectations of 5.10 USD.2023-04-27T11:01:36.6"
Caterpillar earnings above expectations at 4.91 USD,Earnings,"Caterpillar earnings above expectations at 4.91 USDUnited States EarningsCaterpillar (CAT) released earnings per share at 4.91 USD, compared to market expectations of 3.80 USD.2023-04-27T11:01:23.233"
Merck & Co earnings above expectations at 1.40 USD,Earnings,"Merck & Co earnings above expectations at 1.40 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 1.40 USD, compared to market expectations of 1.35 USD.2023-04-27T11:00:47.8"
Eli Lilly earnings below expectations at 1.62 USD,Earnings,"Eli Lilly earnings below expectations at 1.62 USDUnited States EarningsEli Lilly (LLY) released earnings per share at 1.62 USD, compared to market expectations of 1.69 USD.2023-04-27T11:00:45.593"
Xcel Energy earnings above expectations at 0.76 USD,Earnings,"Xcel Energy earnings above expectations at 0.76 USDUnited States EarningsXcel Energy (XEL) released earnings per share at 0.76 USD, compared to market expectations of 0.75 USD.2023-04-27T10:31:24.967"
Honeywell International earnings above expectations at 2.07 USD,Earnings,"Honeywell International earnings above expectations at 2.07 USDUnited States EarningsHoneywell International (HON) released earnings per share at 2.07 USD, compared to market expectations of 1.93 USD.2023-04-27T10:31:01.873"
"Dollar Pressured by Economic, Bank Concerns",Currency,"Dollar Pressured by Economic, Bank ConcernsUnited States CurrencyThe dollar index weakened toward 101.3 on Thursday, extending losses from the previous session, coming under pressure from recession fears and renewed concerns about the banking sector. Data on Wednesday showed new orders for key US-manufactured capital goods fell more than expected in March, adding to signs that the world's largest economy could fall into recession later this year. Bloomberg also reported that First Republic Bank is considering divesting as much as $100 billion of assets as part of a rescue plan, stoking fresh concerns about further impact from the banking crisis. Still, the Federal Reserve is widely expected to deliver another 25 basis point interest rate hike in May as signs of persistent inflation suggest the tightening cycle is not over. Investors now look ahead to first-quarter GDP, weekly jobless claims and pending home sales data for more clues into the state of the economy.2023-04-27T02:51:00"
Waste Management earnings above expectations at 1.31 USD,Earnings,"Waste Management earnings above expectations at 1.31 USDUnited States EarningsWaste Management (WM) released earnings per share at 1.31 USD, compared to market expectations of 1.29 USD.2023-04-27T02:30:53.457"
Edwards Lifesciences earnings above expectations at 0.62 USD,Earnings,"Edwards Lifesciences earnings above expectations at 0.62 USDUnited States EarningsEdwards Lifesciences (EW) released earnings per share at 0.62 USD, compared to market expectations of 0.61 USD.2023-04-26T20:41:47.5"
O'Reilly Automotive earnings above expectations at 8.28 USD,Earnings,"O'Reilly Automotive earnings above expectations at 8.28 USDUnited States EarningsO'Reilly Automotive (ORLY) released earnings per share at 8.28 USD, compared to market expectations of 7.97 USD.2023-04-26T20:37:35.537"
Walt Disney Hits 4-week Low,stocks,Walt Disney Hits 4-week LowUnited States stocksWalt Disney decreased to a 4-week low of 97.392023-04-26T18:31:46.027
US Crude Stocks Post Biggest Drop in a Month,Crude Oil Stocks Change,"US Crude Stocks Post Biggest Drop in a MonthUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 5.054 million barrels in the week ending April 21st, 2023, the largest decline in a month and compared with market consensus of a 1.486 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, crude stocks at the Cushing, Oklahoma delivery hub rose by 0.319 million barrels, the first period of increase since the week ending February 24th, and gasoline inventories fell by 2.408 million, more than an expected 0.933 million draw. Distillate stockpiles, which include diesel and heating oil, were also down by 0.576 million barrels, compared with forecasts for a 0.839 million drop.2023-04-26T14:37:51.867"
Hess earnings above expectations at 1.30 USD,Earnings,"Hess earnings above expectations at 1.30 USDUnited States EarningsHess (HES) released earnings per share at 1.30 USD, compared to market expectations of 1.09 USD.2023-04-26T14:01:10.973"
Pfizer Hits 21-month Low,stocks,Pfizer Hits 21-month LowUnited States stocksPfizer decreased to a 21-month low of 38.962023-04-26T13:32:29.743
Microsoft Hits 12-month High,stocks,Microsoft Hits 12-month HighUnited States stocksMicrosoft increased to a 12-month high of 295.732023-04-26T13:31:12.743
US Goods Trade Gap Narrows More than Expected,Goods Trade Balance,"US Goods Trade Gap Narrows More than ExpectedUnited States Goods Trade BalanceThe US trade deficit in goods narrowed to USD 84.6 billion in March of 2023 from the upwardly revised USD 92 billion in the previous month, compared to market expectations of a USD 89 billion gap. Exports grew by 2.9% from the previous month to USD 172.7 billion, supported by strong external demand for industrial supplies (6.4% to USD 64.8 billion), consumer goods (2% to USD 22.4 billion), and automotive vehicles (4.3% to USD 14.4 billion). On the other hand, imports contracted by 1% to USD 275.3 billion, pressured by lower purchases of capital goods (-2.9% to 71.4 billion) and industrial supplies (-2.7% to 57.7 billion).2023-04-26T12:35:00"
Amphenol earnings above expectations at 0.69 USD,Earnings,"Amphenol earnings above expectations at 0.69 USDUnited States EarningsAmphenol (APH) released earnings per share at 0.69 USD, compared to market expectations of 0.67 USD.2023-04-26T12:15:22.033"
Norfolk Southern earnings above expectations at 3.32 USD,Earnings,"Norfolk Southern earnings above expectations at 3.32 USDUnited States EarningsNorfolk Southern (NSC) released earnings per share at 3.32 USD, compared to market expectations of 3.15 USD.2023-04-26T12:15:19.87"
Boeing earnings below expectations at -1.27 USD,Earnings,"Boeing earnings below expectations at -1.27 USDUnited States EarningsBoeing (BA) released earnings per share at -1.27 USD, compared to market expectations of -1.04 USD.2023-04-26T11:43:30.637"
Old Dominion Freight Line earnings below expectations at 2.58 USD,Earnings,"Old Dominion Freight Line earnings below expectations at 2.58 USDUnited States EarningsOld Dominion Freight Line (ODFL) released earnings per share at 2.58 USD, compared to market expectations of 2.69 USD.2023-04-26T11:31:17.35"
General Dynamics earnings above expectations at 2.64 USD,Earnings,"General Dynamics earnings above expectations at 2.64 USDUnited States EarningsGeneral Dynamics (GD) released earnings per share at 2.64 USD, compared to market expectations of 2.59 USD.2023-04-26T11:31:03.82"
CME earnings above expectations at 2.42 USD,Earnings,"CME earnings above expectations at 2.42 USDUnited States EarningsCME (CME) released earnings per share at 2.42 USD, compared to market expectations of 2.36 USD.2023-04-26T11:30:58.37"
ADP earnings above expectations at 2.52 USD,Earnings,"ADP earnings above expectations at 2.52 USDUnited States EarningsADP (ADP) released earnings per share at 2.52 USD, compared to market expectations of 2.45 USD.2023-04-26T11:30:51.32"
American Tower earnings below expectations at 0.72 USD,Earnings,"American Tower earnings below expectations at 0.72 USDUnited States EarningsAmerican Tower (AMT) released earnings per share at 0.72 USD, compared to market expectations of 1.09 USD.2023-04-26T11:30:48.057"
Dollar Under Renewed Pressure,Currency,"Dollar Under Renewed Pressure United States CurrencyThe dollar weakened against a basket of major currencies on Wednesday, with the DXY softening towards 101, as investors reassessed the outlook for monetary policy and growth. Data on Tuesday showed US consumer confidence dropped to a nine-month low in April, exacerbating concerns that the world's largest economy would fall into recession later this year. On the monetary side, the Federal Reserve will likely deliver another 25bps rate hike next week as signs of persistent inflation suggest the tightening cycle is not over. Still, money markets are pricing in the peak for US interest rates in June and then a decline to end the year below 4.5%. Investors now look ahead to first-quarter GDP data for more clues into the state of the economy. The most pronounced selling activity was against the euro and the British pound. On the other hand, the greenback continued to appreciate against risk-sensitive currencies such as the Australian and New Zealand dollars.
2023-04-26T11:15:00"
Humana earnings above expectations at 9.38 USD,Earnings,"Humana earnings above expectations at 9.38 USDUnited States EarningsHumana (HUM) released earnings per share at 9.38 USD, compared to market expectations of 9.29 USD.2023-04-26T11:01:10.997"
Boston Scientific earnings above expectations at 0.47 USD,Earnings,"Boston Scientific earnings above expectations at 0.47 USDUnited States EarningsBoston Scientific (BSX) released earnings per share at 0.47 USD, compared to market expectations of 0.43 USD.2023-04-26T11:01:03.95"
Hilton Worldwide earnings above expectations at 1.24 USD,Earnings,"Hilton Worldwide earnings above expectations at 1.24 USDUnited States EarningsHilton Worldwide (HLT) released earnings per share at 1.24 USD, compared to market expectations of 1.13 USD.2023-04-26T10:31:20.883"
Southern Co. earnings below expectations at 0.70 USD,Earnings,"Southern Co. earnings below expectations at 0.70 USDUnited States EarningsSouthern Co. (SO) released earnings per share at 0.70 USD, compared to market expectations of 0.74 USD.2023-04-26T10:30:55.04"
Thermo Fisher Scientific earnings meet market expectations at 5.03 USD,Earnings,"Thermo Fisher Scientific earnings meet market expectations at 5.03 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 5.03 USD, in line with market expectations.2023-04-26T10:30:44.037"
Illumina earnings above expectations at 0.08 USD,Earnings,"Illumina earnings above expectations at 0.08 USDUnited States EarningsIllumina (ILMN) released earnings per share at 0.08 USD, compared to market expectations of 0.01 USD.2023-04-25T20:44:19.273"
US Crude Inventories Fall Below Estimates: API,API Crude Oil Stock Change,"US Crude Inventories Fall Below Estimates: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US dropped by 6.083 million barrels in the week that ended April 21st, 2023, above the market expectation of a 1.667 million decrease and following a 2.675 million barrel decline in the previous week, data from the API's Weekly Statistical Bulletin showed. 2023-04-25T20:33:56.1"
Wall Street Slides on Bank Worries,Stock Market,"Wall Street Slides on Bank Worries United States Stock MarketThe blue-chip Dow closed more than 300 points lower on Tuesday, while the S&P 500 and Nasdaq 100 lost nearly 1.6% and 2%, respectively, as investors digested the latest corporate earnings results for clues about the health of the US economy. First Republic tumbled 49.4% after the regional bank reported that deposits shrank by 41% to $104.5 billion last quarter, reigniting concerns about a banking crisis. United Parcel Service fell nearly 10% amid worse-than-expected Q1 revenue due to a deceleration in US retail sales. On the positive side of the ledger, PepsiCo added 2.3% after posting quarterly earnings and revenue that topped analysts' expectations. Mcdonald's (-0.5%) also reported quarterly results that surprised investors on the upside. Market participants now await results from tech giants Microsoft and Alphabet after the bell. On the data front, US consumer confidence declined to the lowest level since July.
2023-04-25T20:04:00"
DXY Approaches 102,Currency,"DXY Approaches 102United States CurrencyThe dollar strengthened sharply against a basket of major currencies, pushing the DXY towards the 102 mark on the back of a flight to safety as concerns about the banking system resurfaced following disappointing earnings from First Republic Bank and UBS. On top of that, the Federal Reserve will likely deliver another 25bps rate hike next week as signs of persistent inflation suggest the tightening cycle is not over yet. Still, money markets are now pricing in the peak for US interest rates in June and then a decline to end the year below 4.5%. Investors now look ahead to first-quarter GDP data and April consumer sentiment data for more clues on the state of the economy and more earnings reports from major US firms. This dollar’s strength was seen across the board, with some of the most pronounced buying activity against risk-sensitive currencies such as the Australian dollar.  2023-04-25T16:21:00"
Microsoft Hits 4-week Low,stocks,Microsoft Hits 4-week LowUnited States stocksMicrosoft decreased to a 4-week low of 278.392023-04-25T15:49:48.79
Texas Service Sector Outlook Remains Weak,Dallas Fed Services Index,"Texas Service Sector Outlook Remains WeakUnited States Dallas Fed Services IndexThe Dallas Fed general business activity index for Texas' service sector increased to -14.4 in April of 2023 from -18 in March, suggesting perceptions of broader business conditions continued to worsen, though pessimism waned slightly. The company outlook index also improved to -9.4 from -11.3 while the outlook uncertainty index fell to 16.1. At the same time, the future general business activity index remained negative but largely unchanged at -13.0. In April, improvements were seen for revenues (6.9 vs 5.5), a key measure of state service sector conditions, employment (5.5 vs -0.4), input prices (35.5 vs 38.3), wage pressures (18.4 vs 19.8) and capital expenditures (10.3 vs 7.4).2023-04-25T14:42:42.727"
Fifth District Manufacturing Activity Contracts Further,Richmond Fed Manufacturing Index,"Fifth District Manufacturing Activity Contracts FurtherUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the Richmond area sank to -10 in April of 2023, deteriorating from the -5 in the previous month as higher interest rates continue to pressure business activity for manufacturers. Among the survey’s main components, shipments swung to negative territory ( -7 vs 2 in March), while conditions deteriorated further for the volume of new orders (-20 vs -11) and the backlog of orders (-31 vs -14). At the same time, firms remained pessimistic about current sentiment (-19 vs -12) and future expectations (-5 vs -1) of local business conditions. On the price front, both prices paid and prices received edged higher, erasing the improved inflation rate seen in the previous month.2023-04-25T14:26:04.257"
Fifth District Service Index at Near 3-Year Low,Richmond Fed Services Index,"Fifth District Service Index at Near 3-Year LowUnited States Richmond Fed Services IndexThe Fifth District Service Sector Activity Revenues index fell to -23 in April of 2023, the lowest since June of 2020, from the -17 in the previous month. To add, the demand index sank to -11 from -1 in March, consolidating poor business conditions due to the Federal Reserve's aggressive tightening campaign. Future revenue expectations for service providers also worsened, falling to -5 from 10 in the previous month, while expectations for future demand swung to a -6 from 7. 2023-04-25T14:16:43.147"
US New Homes Sales at 1-Year High,New Home Sales,"US New Homes Sales at 1-Year HighUnited States New Home SalesSales of new single-family houses in the US unexpectedly jumped 9.3% month-over-month to a seasonally adjusted annualised rate of 683K in March of 2023, the highest in a year, and beating forecasts of 630K. Sales jumped 170.8% to 65K in the Northeast, 29.8% to 161K in the West and 6% to 71K in the Midwest but fell 5.4% to 386K in the South. The median price of new houses sold was $449,800 while the average sales price was $562,400, compared to $435,900 and $511,800 respectively a year ago. There were 432K houses left to sell, the lowest since April of 2022, corresponding to 7.6 months of supply at the current sales rate.2023-04-25T14:06:00"
Wall Street Struggles for Traction,Stock Market,"Wall Street Struggles for Traction United States Stock MarketThe blue-chip Dow lost 300 points on Tuesday afternoon, while the S&P 500 and Nasdaq 100 were down more than 1% each as investors parsed through corporate earnings results for clues about the economy's health. First Republic sank over 40% after the regional bank reported that deposits tumbled 41% to $104.5 billion last quarter, reigniting concerns about a banking crisis. United Parcel Service fell nearly 10% amid worse-than-expected Q1 revenue due to a deceleration in US retail sales. On the positive side of the ledger, PepsiCo added over 2% after posting quarterly earnings and revenue that topped analysts' expectations. Mcdonald's also reported quarterly results that surprised investors on the upside. Market participants now await results from tech giants Microsoft and Alphabet later today. Meanwhile, US consumer confidence declined to the lowest level since July.2023-04-25T13:35:00"
Merck & Co Hits Near 51-year High,stocks,Merck & Co Hits Near 51-year HighUnited States stocksMerck & Co increased to a near 51-year high of 116.462023-04-25T13:32:22.437
Intel Hits 4-week Low,stocks,Intel Hits 4-week LowUnited States stocksIntel decreased to a 4-week low of 29.52023-04-25T13:30:04.677
US Home Price Unexpectedly Rise: FHFA,House Price Index MoM,"US Home Price Unexpectedly Rise: FHFAUnited States House Price Index MoMThe average price of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose by 0.5 percent from a month earlier in February of 2023, picking up from the downwardly revised 0.1 percent increase in the previous month and compared to market expectations of a 0.1 percent decline. For the nine census divisions, monthly house prices advanced the most in the East South Central division (2.3 percent), while prices fell in the South Atlantic division (-0.4 percent). Regarding 12-month changes, house prices rose by 4 percent nationally in February, the least since 2014, with considerable growth in the East South Central division (8.3 percent) and a slight decrease in the Pacific division (-2.7 percent). “This increase was, in part, due to a decline in mortgage rates by more than half a percentage point from the peak reached in early November as well as historically low housing inventory.” said Dr. Nataliya Polkovnichenko, Supervisory Economist.2023-04-25T13:06:00"
US Building Permits Revised Higher in March,Building Permits,"US Building Permits Revised Higher in MarchUnited States Building PermitsBuilding permits in the United States were revised higher to a seasonally adjusted annualized rate of 1.43 million in March of 2023, compared to initial estimates of 1.413 million, but continued to point to subdued housing demand amid higher interest rates and rising consumer prices. Permits for the volatile multi-segment fell slightly less than initially expected (-20% to 611 thousand vs 595 thousand in the preliminary estimate) while permits for the single-family segment rose more (4.2% to 819 thousand vs an initial rate of 818 thousand). Permits declined less than anticipated in the South (-11.2% to 766 thousand vs an initial 761 thousand) and the West (-15.7% to 317 thousand vs 314 thousand) and rose more in the Midwest (4.1% to 204 thousand vs 194 thousand). On the other hand, permits in the Northeast were revised slightly lower (24.3% to 143 thousand vs 144 thousand).2023-04-25T12:40:13.737"
PACCAR earnings above expectations at 2.25 USD,Earnings,"PACCAR earnings above expectations at 2.25 USDUnited States EarningsPACCAR (PCAR) released earnings per share at 2.25 USD, compared to market expectations of 1.79 USD.2023-04-25T12:15:33.627"
Kimberly Clark earnings above expectations at 1.67 USD,Earnings,"Kimberly Clark earnings above expectations at 1.67 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 1.67 USD, compared to market expectations of 1.31 USD.2023-04-25T12:15:31.263"
NextEra Energy earnings above expectations at 0.84 USD,Earnings,"NextEra Energy earnings above expectations at 0.84 USDUnited States EarningsNextEra Energy (NEE) released earnings per share at 0.84 USD, compared to market expectations of 0.70 USD.2023-04-25T12:00:40.593"
Biogen earnings above expectations at 3.40 USD,Earnings,"Biogen earnings above expectations at 3.40 USDUnited States EarningsBiogen (BIIB) released earnings per share at 3.40 USD, compared to market expectations of 3.28 USD.2023-04-25T11:31:11.787"
Moody's earnings above expectations at 2.99 USD,Earnings,"Moody's earnings above expectations at 2.99 USDUnited States EarningsMoody's (MCO) released earnings per share at 2.99 USD, compared to market expectations of 2.21 USD.2023-04-25T11:31:05.623"
Sherwin-Williams earnings above expectations at 2.04 USD,Earnings,"Sherwin-Williams earnings above expectations at 2.04 USDUnited States EarningsSherwin-Williams (SHW) released earnings per share at 2.04 USD, compared to market expectations of 1.79 USD.2023-04-25T11:30:56.53"
Fiserv earnings above expectations at 1.58 USD,Earnings,"Fiserv earnings above expectations at 1.58 USDUnited States EarningsFiserv (FISV) released earnings per share at 1.58 USD, compared to market expectations of 1.57 USD.2023-04-25T11:30:51.61"
Raytheon Technologies Corp earnings above expectations at 1.22 USD,Earnings,"Raytheon Technologies Corp earnings above expectations at 1.22 USDUnited States EarningsRaytheon Technologies Corp (RTX) released earnings per share at 1.22 USD, compared to market expectations of 1.13 USD.2023-04-25T11:30:44.393"
McDonalds earnings above expectations at 2.63 USD,Earnings,"McDonalds earnings above expectations at 2.63 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 2.63 USD, compared to market expectations of 2.33 USD.2023-04-25T11:10:40.623"
Msci earnings above expectations at 3.14 USD,Earnings,"Msci earnings above expectations at 3.14 USDUnited States EarningsMsci (MSCI) released earnings per share at 3.14 USD, compared to market expectations of 3.01 USD.2023-04-25T11:01:03.227"
General Motors earnings above expectations at 2.21 USD,Earnings,"General Motors earnings above expectations at 2.21 USDUnited States EarningsGeneral Motors (GM) released earnings per share at 2.21 USD, compared to market expectations of 1.70 USD.2023-04-25T11:01:00.953"
3M earnings above expectations at 1.97 USD,Earnings,"3M earnings above expectations at 1.97 USDUnited States Earnings3M (MMM) released earnings per share at 1.97 USD, compared to market expectations of 1.58 USD.2023-04-25T11:00:55.47"
Verizon earnings above expectations at 1.20 USD,Earnings,"Verizon earnings above expectations at 1.20 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.20 USD, compared to market expectations of 1.19 USD.2023-04-25T11:00:41.407"
Centene earnings above expectations at 2.11 USD,Earnings,"Centene earnings above expectations at 2.11 USDUnited States EarningsCentene (CNC) released earnings per share at 2.11 USD, compared to market expectations of 2.00 USD.2023-04-25T10:31:14.807"
Dow Inc earnings above expectations at 0.58 USD,Earnings,"Dow Inc earnings above expectations at 0.58 USDUnited States EarningsDow Inc (DOW) released earnings per share at 0.58 USD, compared to market expectations of 0.36 USD.2023-04-25T10:31:12.627"
General Electric earnings above expectations at 0.27 USD,Earnings,"General Electric earnings above expectations at 0.27 USDUnited States EarningsGeneral Electric (GE) released earnings per share at 0.27 USD, compared to market expectations of 0.14 USD.2023-04-25T10:30:58.827"
United Parcel Service earnings below expectations at 2.20 USD,Earnings,"United Parcel Service earnings below expectations at 2.20 USDUnited States EarningsUnited Parcel Service (UPS) released earnings per share at 2.20 USD, compared to market expectations of 2.21 USD.2023-04-25T10:30:53.347"
Danaher earnings above expectations at 2.36 USD,Earnings,"Danaher earnings above expectations at 2.36 USDUnited States EarningsDanaher (DHR) released earnings per share at 2.36 USD, compared to market expectations of 2.25 USD.2023-04-25T10:30:51.167"
PepsiCo earnings above expectations at 1.50 USD,Earnings,"PepsiCo earnings above expectations at 1.50 USDUnited States EarningsPepsiCo (PEP) released earnings per share at 1.50 USD, compared to market expectations of 1.38 USD.2023-04-25T10:30:46.247"
US Stock Futures Fall,Stock Market,"US Stock Futures FallUnited States Stock MarketUS stock futures tracking the broader market were down roughly 0.5% on Tuesday, putting Wall Street on track to open lower as investors parsed through corporate earnings results for clues about the economy's health. Verizon declined roughly 1% in premarket trading after missing first-quarter revenue estimates and warning about wireless subscriber losses. First Republic sank more than 20% after the regional bank reported that deposits tumbled 41% to $104.5 billion last quarter. On the other hand, PepsiCo and Mcdonald's added 2% and 1%, respectively, after both companies posted quarterly earnings and revenue that topped analysts' expectations. Investors now await results from tech giants, including Microsoft and Alphabet. Meanwhile, data published Monday showed that US manufacturing data was weaker than expected, highlighting the impact of the Fed's tightening campaign on the economy.  2023-04-25T09:36:00"
Dollar Holds Decline on Economic Concerns,Currency,"Dollar Holds Decline on Economic ConcernsUnited States CurrencyThe dollar index traded around 101.5 on Tuesday after losing 0.4% in the previous session, as investors reassessed the outlook for the US economy and Federal Reserve monetary policy. The market is sifting through a raft of corporate earnings and economic data to determine whether the US economy is headed for a recession. Still, the Fed is widely expected to deliver another 25 basis point interest rate hike in May, though traders will be monitoring guidance on the future rate path. The European Central Bank is also set to raise rates further next month, but the bets on the size of an increase vary between a quarter- and a half-percentage. Traders now look ahead to first-quarter GDP data, April consumer sentiment data, and more earnings reports from major US firms.2023-04-25T03:41:00"
Walmart Hits 12-week High,stocks,Walmart Hits 12-week HighUnited States stocksWalmart increased to a 12-week high of 152.572023-04-24T19:06:09.467
US 10-Year Treasury Yield Eases Towards 3.4%,Government Bond 10Y,"US 10-Year Treasury Yield Eases Towards 3.4%United States Government Bond 10YThe 10-year US Treasury note yield, seen as a proxy for borrowing costs worldwide, eased to around 3.4% as money flew into safe-haven government debt amid lingering concerns about Fed-induced recession late in 2023. Still-high inflation and a slew of hawkish speeches from policymakers prompted bets for another 25bps increase in the Fed funds rate next month. Investors now focus on critical economic data, including the US GDP on Thursday and the PCE price index on Friday, for further insight into the central bank's future policy. Meanwhile, money markets continue to see interest rates peaking in the coming weeks before a series of cuts later this year.2023-04-24T16:07:00"
Exxon Mobil Hits 9-week High,stocks,Exxon Mobil Hits 9-week HighUnited States stocksExxon Mobil increased to a 9-week high of 117.222023-04-24T13:55:49.92
Wall Street Muted as Investors Await Next Catalyst,Stock Market,"Wall Street Muted as Investors Await Next CatalystUnited States Stock MarketAll three major US stock indexes swung between gains and losses on Monday, as investors refrained from opening new positions ahead of a busy week of tech earnings and economic data. So far, quarterly reports from corporate America have indicated that companies are holding up well against macro headwinds like persistent inflation and rising interest rates. Now, all eyes turn to mega-cap names, including Alphabet, Microsoft, and Amazon, scheduled to announce their results later this week. At the same time, GDP figures for the first quarter will offer further insight into the Federal Reserve's tightening plan. Meanwhile, Coca-Cola rose nearly 1% after the beverage maker topped Wall Street estimates on earnings and revenue following price increases. On the other hand, Bed Bath & Beyond tumbled over 30% after the home goods retailer filed for Chapter 11 bankruptcy protection.2023-04-24T13:38:00"
US Stock Futures Waver,Stock Market,"US Stock Futures Waver United States Stock MarketUS stock index futures fluctuated near the flatline on Monday as investors appeared reluctant to open new positions ahead of a busy week of tech earnings and economic data. Alphabet, Microsoft, Amazon, and Meta are among the most prominent companies scheduled to announce their results. At the same time, GDP figures for the first quarter will offer further insight into the Federal Reserve's tightening plan. Meanwhile, Coca-Cola rose almost 2% in premarket trading after the beverage maker topped Wall Street estimates on earnings and revenue following price increases. Last week, the Dow fell 0.2%, the S&P 500 shed 0.1%, and the Nasdaq Composite dropped 0.4%.2023-04-24T12:26:00"
Coca-Cola earnings above expectations at 0.68 USD,Earnings,"Coca-Cola earnings above expectations at 0.68 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.68 USD, compared to market expectations of 0.65 USD.2023-04-24T11:00:23.817"
Dollar Steadies as Fed Outlook Mulled,Currency,"Dollar Steadies as Fed Outlook MulledUnited States CurrencyThe dollar index steadied around 101.8 on Monday as investors continued to assess the outlook for the US economy and Federal Reserve monetary policy. Data released on Friday showed US business activity expanded the most in nearly a year in April, bolstering the case for further monetary tightening. Investors now look ahead to first quarter US GDP numbers and April consumer sentiment data this week for clues into the state of the country's economy, among others. The Fed is widely expected to deliver another 25 basis point interest rate hike in May, though traders will be monitoring guidance on the future rate path. The European Central Bank is also anticipated to raise rates further, but the market remains split on whether it would be a quarter- or half-percentage point increase next month.2023-04-24T03:09:00"
US 10-Year Treasury Yield Consolidates Around 3.6%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Around 3.6%United States Government Bond 10YThe 10-year US Treasury note yield, seen as a proxy for borrowing costs worldwide, consolidated around 3.6% as investors parsed through new economic data while assessing the impact of the Federal Reserve's rate-hiking path. US business activity accelerated to an 11-month high in April, easing concerns that the world's largest economy is on the brink of a recession but throwing cold water into expectations that the central bank will soon end its historic tightening campaign. It contrasted with data released on April 20th which showed the Philadelphia Fed manufacturing index sank more than expected while initial jobless claims unexpectedly rose for the second week and continuing claims hit the highest since November 2021. Money markets priced in a 25bps increase in the fed funds rate next month, while a cut is likely by the end of the year.2023-04-21T14:11:00"
US Services Activity Growth Picks Up to 1-Year High,Services PMI,"US Services Activity Growth Picks Up to 1-Year HighUnited States Services PMIThe S&P Global US Services PMI increased to 53.7 in April 2023, up from 52.6 the month before and well above market expectations of 51.5, a preliminary estimate showed. The latest reading pointed to the fastest pace of expansion in the country's service sector since April 2022 as new business rose for the second straight month, and at a rate that was the fastest since last May, amid improved marketing initiatives, greater domestic demand and the acquisition of new customers. Still, new export orders continued to decline. Employment levels rose the most since July 2022 and backlogs of work increased further. On the price front, both input and selling prices rose at a faster pace. Finally, business confidence picked up to the second-highest for almost a year, as firms remained hopeful of further improvements in demand.2023-04-21T14:07:46.717"
DXY Set to Snap 5-Week Losing Streak,Currency,"DXY Set to Snap 5-Week Losing StreakUnited States CurrencyThe dollar index rose back to 102 on Friday and was set to finish the week higher, snapping five straight weeks of losses, as stronger-than-expected PMI data reinforced expectations that the US Federal Reserve will raise interest rates again in May. The S&P Global US Composite PMI rose to 53.5 in April, signaling the quickest upturn in business activity since May 2022 with the services activity growth hitting a 12-month high and manufacturing output expanding at the fastest rate since May 2022. On the monetary policy front, a slew of Fed officials supported the need for further policy tightening to bring down inflation, with St. Louis Fed President James Bullard favoring a higher terminal rate of between 5.50% to 5.75%.2023-04-21T14:05:00"
US Factory Activity Unexpectedly Rebounds in April,Manufacturing PMI,"US Factory Activity Unexpectedly Rebounds in AprilUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI increased to 50.4 in April 2023 from 49.2 in March, beating forecasts of 49, and pointed to the first expansion in factory activity in six months, preliminary estimates showed. Production levels at manufacturers rose modestly in April, albeit at the fastest rate since May 2022 due to increased employment and a return to new order growth. New sales rose for the first time in six months and the rate of job creation accelerated to the fastest since September 2022. On the price front, the pace of increase in operating expenses was the quickest since last November and selling prices increased at a sharp and historically elevated rate. Finally, optimism in the outlook for output over the coming year rose to a three-month high, but was slightly below the long-run series average amid inflation worries and some concerns regarding a shift away from goods towards services among customers following the end of the pandemic.2023-04-21T13:53:00"
P&G Hits 14-week High,stocks,P&G Hits 14-week HighUnited States stocksP&G increased to a 14-week high of 154.732023-04-21T13:32:12.887
Visa Hits 12-week High,stocks,Visa Hits 12-week HighUnited States stocksVisa increased to a 12-week high of 235.112023-04-21T13:31:28.54
Freeport-McMoran earnings above expectations at 0.52 USD,Earnings,"Freeport-McMoran earnings above expectations at 0.52 USDUnited States EarningsFreeport-McMoran (FCX) released earnings per share at 0.52 USD, compared to market expectations of 0.43 USD.2023-04-21T12:13:00.653"
HCA earnings above expectations at 4.85 USD,Earnings,"HCA earnings above expectations at 4.85 USDUnited States EarningsHCA (HCA) released earnings per share at 4.85 USD, compared to market expectations of 3.93 USD.2023-04-21T11:30:34.85"
P&G earnings above expectations at 1.37 USD,Earnings,"P&G earnings above expectations at 1.37 USDUnited States EarningsP&G (PG) released earnings per share at 1.37 USD, compared to market expectations of 1.32 USD.2023-04-21T11:00:27.727"
Dollar Set to End Week Higher,Currency,"Dollar Set to End Week HigherUnited States CurrencyThe dollar index steadied around 101.8 on Friday and was set to finish the week higher, snapping five straight weeks of losses on firm expectations that the US Federal Reserve will raise interest rates again in May. A slew of Fed officials supported the need for further policy tightening to bring down inflation, with  St. Louis Fed President James Bullard favoring a higher terminal rate of between 5.50% to 5.75%. Meanwhile, investors remain cautious as soft economic data pointed to a slowing economy in the US. The latest figures indicated weekly claims rose for the second week, and the Philadelphia Fed report showed business activity in the US Mid-Atlantic region contracted on Friday to gain more insight on the state of the economy.2023-04-21T03:10:45.333"
US Futures Steady After Weak Session,Stock Market,"US Futures Steady After Weak SessionUnited States Stock MarketUS stock futures steadied on Friday after the major averages tumbled during Thursday’s regular session, as investors weighed a slew of corporate earnings reports. Futures contracts tied to the three major indexes were all trading near breakeven. In regular trading on Thursday, the Dow fell 0.33%, the S&P 500 dropped 0.59% and the Nasdaq Composite declined 0.8%, with ten out of the 11 S&P sectors finishing lower. Tesla shares weighed on the indexes, losing nearly 10% after reporting lower first quarter net income and unveiling price cuts on its models. Meanwhile, Cleveland Fed Bank President Loretta Mester backed another interest rate hike to tame inflation while emphasizing the need to monitor the impact of the recent banking turmoil on the wider economy. Investors now look ahead to more earnings reports on Friday, as well as US manufacturing and services PMI data to gauge the health of the economy.2023-04-21T00:20:00"
Wall Street Drops for 2nd Session,Stock Market,"Wall Street Drops for 2nd SessionUnited States Stock MarketUS stocks remained under pressure for the second straight session on Thursday as investors continued to digest the latest batch of earnings and comments from Federal Reserve speakers. The Dow lost over 100 points, while the S&P 500 and the Nasdaq slid 0.6% and 0.8%, respectively. Tesla sank 9.7% after the electric vehicle manufacturer unveiled its lowest quarterly gross margin in two years, followed by more price cuts on its models. Similarly, AT&T plummeted 10.4% after it missed estimates of free cash flow. On the other hand, IBM ended in the green after it said margins were expanding. Fed Bank of Cleveland President Loretta Mester supports for another rate hike to tame inflation while emphasizing the need to watch recent bank turmoil that could dampen the economy. On the economic front, initial jobless claims unexpectedly rose for the second week and continuous claims jumped to their highest since November 2021, the latest signal that the labor market is softening.2023-04-20T20:04:00"
Pfizer Hits 5-week Low,stocks,Pfizer Hits 5-week LowUnited States stocksPfizer decreased to a 5-week low of 39.852023-04-20T19:27:29.54
US Stocks Continue to Fall,Stock Market,"US Stocks Continue to FallUnited States Stock MarketThe Dow dropped over 200 points on Thursday afternoon, while the S&P 500 and the Nasdaq dipped more than 0.9% each as investors continued to digest the latest batch of earnings and how the corporate sector performs under higher interest rate conditions. Tesla sank 10.1% after the electric vehicle manufacturer unveiled its lowest quarterly gross margin in two years, followed by more price cuts on its models. Similarly, AT&T plummeted 10.3% after it missed estimates of free cash flow. On the other hand, IBM traded in the green after it said margins were expanding. On the economic front, initial jobless claims unexpectedly rose for the second week and continuous claims jumped to their highest since November 2021, the latest signal that the labor market is softening. Also, the Philadelphia Fed manufacturing index sank past expectations to its lowest since May 2020.
2023-04-20T18:42:00"
Wall Street Trims Some Losses,Stock Market,"Wall Street Trims Some LossesUnited States Stock MarketWall Street cut some earlier losses but remained under pressure as the latest earnings results shed light on how the corporate sector fares in a higher interest rate environment. The Dow hovered around 60 points below the flatline, while the S&P 500 and the Nasdaq both recovered from 1% declines and were down by 0.3% and 0.5%, respectively. Tesla sank 9.5% after the electric vehicle manufacturer unveiled its lowest quarterly gross margin in two years, followed by more price cuts on its models. Similarly, AT&T plummeted 10% after it missed estimates of free cash flow. On the other hand, IBM traded in the green after it said margins were expanding. On the economic front, initial jobless claims unexpectedly rose for the second week and continuous claims jumped to their highest since November 2021, the latest signal that the labor market is softening. Also, the Philadelphia Fed manufacturing index sank past expectations to its lowest since May 2020.2023-04-20T17:04:00"
Home Depot Hits 6-week High,stocks,Home Depot Hits 6-week HighUnited States stocksHome Depot increased to a 6-week high of 299.952023-04-20T15:44:37.257
Coca-Cola Hits 15-week High,stocks,Coca-Cola Hits 15-week HighUnited States stocksCoca-Cola increased to a 15-week high of 63.842023-04-20T15:04:46.61
US Natural Gas Stocks Rise More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 75 billion cubic feet (bcf) of gas into storage during the week ended April 14, more than market expectations of a 69 bcf increase, as mild weather kept heating demand low. That compares with an increase of 47 bcf in the same week last year and a five-year (2018-2022) average increase of 41 bcf. Last week's increase boosted stockpiles to 1.930 trillion cubic feet (tcf), 488 bcf higher than last year at this time and 329 bcf above the five-year average of 1,601 bcf. At 1,930 bcf, total working gas is within the five-year historical range.2023-04-20T14:36:00"
US Existing Home Sales Fall in March,Existing Home Sales,"US Existing Home Sales Fall in MarchUnited States Existing Home SalesExisting home sales in the US which include completed transactions of single-family homes, town homes, condominiums and co-ops dropped 2.4% mom to a seasonally adjusted annual rate of 4.44 million in March of 2023, compared to market forecasts of 4.5 million. In February, sales rose a downwardly revised 13.8% which was the biggest surge since July of 2020. Total housing inventory was 980,000 units, up 1% from February and 5.4% from one year ago. The median existing-home price for all housing types was $375,700, a decline of 0.9% from March 2022. 65% of homes sold in March were on the market for less than a month and first-time buyers were responsible for 28% of sales, up from 27% in February. ""Home sales are trying to recover and are highly sensitive to changes in mortgage rates. Yet, at the same time, multiple offers on starter homes are quite common, implying more supply is needed to fully satisfy demand"", said NAR Chief Economist Lawrence Yun.2023-04-20T14:07:00"
Verizon Hits 4-week Low,stocks,Verizon Hits 4-week LowUnited States stocksVerizon decreased to a 4-week low of 37.222023-04-20T14:01:45.483
AT&T Hits 4-week Low,stocks,AT&T Hits 4-week LowUnited States stocksAT&T decreased to a 4-week low of 18.262023-04-20T13:34:13.49
Wall Street Remains Under Pressure,Stock Market,"Wall Street Remains Under Pressure United States Stock MarketThe blue-chip Dow lost over 150 points on Thursday morning, while the S&P 500 and the Nasdaq 100 were down roughly 1% each as investors parsed through corporate earnings results while mulling over the future path of interest rates. Tesla slumped more than 8% after the electric carmaker announced more price cuts and reported its lowest quarterly gross margin in two years. AT&T fell over 5% after the US wireless carrier missed revenue estimates for its first quarter. American Express declined roughly 4% after it missed earnings estimates. On the positive side of the ledger, IBM rose 3% after the company said margins were expanding. On the economic front, initial jobless claims, the most timely snapshot of the labor market, came in at 245,000 for the week ended April 15, an increase of 5,000 from the prior week, Labor Department data showed. 2023-04-20T13:34:00"
American Express Hits 4-week Low,stocks,American Express Hits 4-week LowUnited States stocksAmerican Express decreased to a 4-week low of 157.452023-04-20T13:32:13.513
Tesla Hits 5-week Low,stocks,Tesla Hits 5-week LowUnited States stocksTesla decreased to a 5-week low of 166.092023-04-20T13:30:02.79
DXY Falls Below 102,Currency,"DXY Falls Below 102United States CurrencyThe dollar index dropped below 102 on Thursday after gaining some ground in the previous session, as more data pointed to a weakening economy. At the same time, the Federal Reserve was set to hike rates again at the next meeting. The latest figures indicated weekly claims rose for the second week, and the Philadelphia Fed report showed business activity in the US Mid-Atlantic region contracted more than anticipated in April. Markets continue to price in a 25bps increase in the fed funds rate in May, while a cut is now expected at the end of the year. New York Fed Bank President John Williams said on Wednesday that inflation remained at problematic levels, and the central bank would act to lower it. St. Louis Fed President James Bullard also revealed earlier this week favoring a higher terminal rate of between 5.50% to 5.75%, while Atlanta Fed President Raphael Bostic saw one more 25 basis point hike before the pause.2023-04-20T13:13:00"
US 10-Year Bond Yield Falls from One-Month Highs,Government Bond 10Y,"US 10-Year Bond Yield Falls from One-Month HighsUnited States Government Bond 10YThe 10-year US Treasury note yield, seen as a proxy for borrowing costs worldwide, eased to around 3.5% from nearly one-month highs of 3.6% touched on April 19th after new data signaled an economic slowdown. The Philadelphia Fed manufacturing index sank more than expected to its lowest since May 2020, while initial jobless claims unexpectedly rose for the second week and continuing claims hit the highest since November 2021. Still, markets continue to price a 25bps increase in the fed funds rate next month, while a cut is mostly expected by the end of the year. New York Fed President Williams recently said inflation is still too high and the central bank needs to hold policy tight. Appearances from other policymakers this week are also set to provide further hints on the policy outlook. 2023-04-20T12:36:00"
Nucor earnings above expectations at 4.45 USD,Earnings,"Nucor earnings above expectations at 4.45 USDUnited States EarningsNucor (NUE) released earnings per share at 4.45 USD, compared to market expectations of 3.89 USD.2023-04-20T12:00:43.117"
Blackstone earnings above expectations at 0.97 USD,Earnings,"Blackstone earnings above expectations at 0.97 USDUnited States EarningsBlackstone (BX) released earnings per share at 0.97 USD, compared to market expectations of 0.95 USD.2023-04-20T12:00:34.297"
Union Pacific earnings above expectations at 2.67 USD,Earnings,"Union Pacific earnings above expectations at 2.67 USDUnited States EarningsUnion Pacific (UNP) released earnings per share at 2.67 USD, compared to market expectations of 2.58 USD.2023-04-20T12:00:32.583"
Marsh & McLennan Companies earnings above expectations at 2.53 USD,Earnings,"Marsh & McLennan Companies earnings above expectations at 2.53 USDUnited States EarningsMarsh & McLennan Companies (MMC) released earnings per share at 2.53 USD, compared to market expectations of 2.47 USD.2023-04-20T11:30:42.75"
American Express earnings below expectations at 2.40 USD,Earnings,"American Express earnings below expectations at 2.40 USDUnited States EarningsAmerican Express (AXP) released earnings per share at 2.40 USD, compared to market expectations of 2.66 USD.2023-04-20T11:30:38.993"
Philip Morris International earnings above expectations at 1.38 USD,Earnings,"Philip Morris International earnings above expectations at 1.38 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.38 USD, compared to market expectations of 1.35 USD.2023-04-20T11:30:37.583"
AT&T earnings above expectations at 0.60 USD,Earnings,"AT&T earnings above expectations at 0.60 USDUnited States EarningsAT&T (T) released earnings per share at 0.60 USD, compared to market expectations of 0.58 USD.2023-04-20T11:00:37.187"
Truist Financial Corp earnings below expectations at 1.05 USD,Earnings,"Truist Financial Corp earnings below expectations at 1.05 USDUnited States EarningsTruist Financial Corp (TFC) released earnings per share at 1.05 USD, compared to market expectations of 1.14 USD.2023-04-20T10:00:44.767"
Dollar Firms Up on Hawkish Fed View,Currency,"Dollar Firms Up on Hawkish Fed ViewUnited States CurrencyThe dollar index steadied near 102 on Thursday after gaining some ground in the previous session, underpinned by expectations that the Federal Reserve will tighten policy further. New York Fed Bank President John Williams said on Wednesday that inflation is still at problematic levels and the central bank will act to lower it. St. Louis Fed President James Bullard also said earlier this week that he favors a higher terminal rate of between 5.50% to 5.75%, while Atlanta Fed President Raphael Bostic said he sees one more 25 basis point increase before pausing. Markets are currently pricing an 86% chance the Fed would raise the fed funds rate by a quarter-point in May. Meanwhile, the Beige Book survey showed the US economy stalled in recent weeks as hiring and inflation slowed and access to credit narrowed.2023-04-20T03:29:26.967"
Crown Castle International earnings above expectations at 1.91 USD,Earnings,"Crown Castle International earnings above expectations at 1.91 USDUnited States EarningsCrown Castle International (CCI) released earnings per share at 1.91 USD, compared to market expectations of 0.94 USD.2023-04-19T20:30:29.743"
American Express Hits 4-week High,stocks,American Express Hits 4-week HighUnited States stocksAmerican Express increased to a 4-week high of 166.372023-04-19T18:47:53.487
Wall Street Pares Losses,Stock Market,"Wall Street Pares LossesUnited States Stock MarketThe Dow was slightly lower on Wednesday afternoon, while the S&P 500 and Nasdaq 100 turned higher, as investors digested a batch of earnings reports while mulling the future path of interest rate rises. Morgan Stanley recovered from a 1%-fall after the Wall Street lender reported a 19% drop in quarterly profit as its investment banking business remained under pressure amid a lengthy decline in dealmaking. Netflix declined almost 4% after the video-streaming giant topped analysts' earnings estimates but offered weak guidance. Tesla, which is set to report after the closing bell, dropped 1% after cutting prices for some of its vehicles for the sixth time this year. On the monetary front, hawkish comments from several policymakers this week dashed hopes that the Federal Reserve will soon be able to pause interest rate increases.2023-04-19T17:12:00"
Amazon Hits 10-week High,stocks,Amazon Hits 10-week HighUnited States stocksAmazon increased to a 10-week high of 104.222023-04-19T16:08:35.993
US Crude Stocks Fall More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Fall More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 4.581 million barrels in the week ended April 14, 2023, more than market expectations of a 1.088 million barrel decrease, the latest US Energy Information Administration report showed. Also, crude stocks at the Cushing, Oklahoma delivery hub dropped by 1.088 million barrels, following a 409 thousand decrease in the previous period. Meanwhile, gasoline stocks rose by 1.3 million, against expectations of a 1.267 million draw. Distillate stockpiles, which include diesel and heating oil, went down by 0.356 million, compared with forecasts for a 0.927 million drop.2023-04-19T14:36:23.407"
Cisco Systems Hits 4-week Low,stocks,Cisco Systems Hits 4-week LowUnited States stocksCisco Systems decreased to a 4-week low of 49.162023-04-19T13:30:05.847
Morgan Stanley earnings below expectations at 1.7 USD,Earnings,"Morgan Stanley earnings below expectations at 1.7 USDUnited States EarningsMorgan Stanley (MS) released earnings per share at 1.7 USD, compared to market expectations of 1.75 USD.2023-04-19T11:47:20.197"
Abbott earnings above expectations at 1.03 USD,Earnings,"Abbott earnings above expectations at 1.03 USDUnited States EarningsAbbott (ABT) released earnings per share at 1.03 USD, compared to market expectations of 0.99 USD.2023-04-19T11:30:29.537"
US Mortgage Rates Rise for 1st Time in 6 Weeks: MBA,Mortgage Rate,"US Mortgage Rates Rise for 1st Time in 6 Weeks: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) in the United States jumped by 13bps to 6.43% in the week ended April 14th 2023, the first increase in six weeks, and compared to two-month lows of 6.3% in the previous period, data from the Mortgage Bankers Association’s (MBA) showed. Borrowing costs have been tracking a rise in Treasury yields as investors reduced their bets the Fed will soon pause the tightening cycle.
2023-04-19T11:14:07.353"
Travelers Companies earnings above expectations at 4.11 USD,Earnings,"Travelers Companies earnings above expectations at 4.11 USDUnited States EarningsTravelers Companies (TRV) released earnings per share at 4.11 USD, compared to market expectations of 3.61 USD.2023-04-19T11:00:32.897"
US Bancorp earnings above expectations at 1.16 USD,Earnings,"US Bancorp earnings above expectations at 1.16 USDUnited States EarningsUS Bancorp (USB) released earnings per share at 1.16 USD, compared to market expectations of 1.10 USD.2023-04-19T11:00:31.33"
US Stock Futures Fall,Stock Market,"US Stock Futures Fall United States Stock MarketStock futures contracts tied to the Dow Jones were down more than 100 points on Wednesday, while those linked to the S&P 500 and Nasdaq declined 0.4% and 0.7%, respectively, as investors await a fresh batch of earnings reports while mulling the future path of interest rate rises. Netflix declined roughly 1% in premarket trading after the video-streaming giant topped analysts' earnings estimates but offered weak guidance. Tesla plunged more than 2% after the electric-vehicle maker cut prices for some of its vehicles for the sixth time this year. The company is now due to report quarterly results after the closing bell. On the monetary front, hawkish comments from several policymakers this week dashed hopes that the Federal Reserve will soon be able to pause interest rate increases. In regular trading on Tuesday, the Dow and Nasdaq Composite shed 0.03% and 0.04%, respectively, while the S&P 500 rose 0.09%2023-04-19T10:54:00"
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week HighUnited States Government Bond 10YUS 10 Year Government Bond Yield increased to a 4-week high of 3.6138%2023-04-19T06:30:38.527
Dollar Steadies as Fed Outlook Mulled,Currency,"Dollar Steadies as Fed Outlook MulledUnited States CurrencyThe dollar index steadied around 102 on Wednesday as traders reassessed the outlook for Federal Reserve monetary policy. In the latest Fed commentary, St. Louis Fed President James Bullard shared with Reuters favoring a higher terminal rate of between 5.50% to 5.75% to subdue persistent inflation. Meanwhile, Atlanta Fed President Raphael Bostic told CNBC he saw a final 25 basis point rate hike before the pause to assess the impact on the economy. Markets are currently pricing an 86% chance the Fed would raise the fed funds rate by a quarter-point in May. Investors now anticipate the Fed’s “beige book” of economic conditions on Wednesday, as well as appearances from Chicago Fed President Austan Goolsbee and New York Fed President John Williams.2023-04-19T03:30:00"
US Futures Ease as Traders Weigh Earnings,Stock Market,"US Futures Ease as Traders Weigh EarningsUnited States Stock MarketUS stock futures eased on Wednesday as investors weighed a fresh batch of earnings and assessed how companies are faring under an environment of persistent inflation and rising interest rates. Futures contracts tied to the three major indexes were all down about 0.1%. In regular trading on Tuesday, the Dow and Nasdaq Composite shed 0.03% and 0.04%, respectively, while the S&P 500 rose 0.09%. Goldman Sachs dropped 1.7% on Tuesday after missing revenue expectations, while Bank of America added 0.63% on an earnings and revenue beat. In the technology sector, Netflix rose 0.29% as the streaming giant exceeded earnings forecasts, but fell short of estimates on revenue and disappointed investors after pushing back plans to more strictly clamp down on password sharing. Companies slated to report quarterly results on Wednesday include Tesla, Morgan Stanley and IBM.2023-04-19T00:15:00"
US Crude Inventories Drop More than Expected: API,API Crude Oil Stock Change,"US Crude Inventories Drop More than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US fell by 2.675 million barrels in the week that ended April 14th, 2023, above the market expectation of a 2.464 million decline and following a 0.377 million barrel increase in the previous week, data from the API's Weekly Statistical Bulletin showed. 
2023-04-18T20:35:00"
General Electric Hits 14-month High,stocks,General Electric Hits 14-month HighUnited States stocksGeneral Electric increased to a 14-month high of 97.882023-04-18T14:09:31.553
Stocks in United States Hit 34-week High,Stock Market,Stocks in United States Hit 34-week HighUnited States Stock MarketUSNDX increased to a 34-week high of 132052023-04-18T13:48:54.023
Apple Hits 33-week High,stocks,Apple Hits 33-week HighUnited States stocksApple increased to a 33-week high of 166.852023-04-18T13:47:45.143
Stocks in United States Hit 10-week High,Stock Market,Stocks in United States Hit 10-week HighUnited States Stock MarketUS500 increased to a 10-week high of 41722023-04-18T13:30:01.95
US Building Permits Fall More than Expected,Building Permits,"US Building Permits Fall More than ExpectedUnited States Building PermitsBuilding permits in the United States tumbled 8.8 percent to a seasonally adjusted annual rate of 1.413 million in March 2023, partially reversing a 15.8 percent jump in February, a preliminary estimate showed. The number of permits missed market expectations of 1.45 million and remained close to December's 31-month low of 1.337 million, indicating housing demand remained subdued due to higher interest rates and rising consumer prices. Permits for the volatile multi-segment tumbled 22.1 percent to a rate of 595 thousand, the lowest since last November, while single-family authorizations increased 4.1 percent to a five-month high of 818 thousand. Permits were up only in the Northeast (25.2 percent to 144 thousand), but were down in the South (-11.8 percent to 761 thousand), West (-16.5 percent to 314 thousand) and Midwest (-1.0 percent to 194 thousand).2023-04-18T12:36:00"
ProLogis earnings above expectations at 1.22 USD,Earnings,"ProLogis earnings above expectations at 1.22 USDUnited States EarningsProLogis (PLD) released earnings per share at 1.22 USD, compared to market expectations of 0.56 USD.2023-04-18T12:12:10.707"
Lockheed Martin earnings above expectations at 6.61 USD,Earnings,"Lockheed Martin earnings above expectations at 6.61 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 6.61 USD, compared to market expectations of 6.07 USD.2023-04-18T12:00:30.353"
Goldman Sachs earnings above expectations at 8.79 USD,Earnings,"Goldman Sachs earnings above expectations at 8.79 USDUnited States EarningsGoldman Sachs (GS) released earnings per share at 8.79 USD, compared to market expectations of 8.24 USD.2023-04-18T11:30:36.1"
Bank Of America earnings above expectations at 0.97 USD,Earnings,"Bank Of America earnings above expectations at 0.97 USDUnited States EarningsBank Of America (BAC) released earnings per share at 0.97 USD, compared to market expectations of 0.81 USD.2023-04-18T11:00:28.82"
J&J earnings above expectations at 2.68 USD,Earnings,"J&J earnings above expectations at 2.68 USDUnited States EarningsJ&J (JNJ) released earnings per share at 2.68 USD, compared to market expectations of 2.50 USD.2023-04-18T10:30:24.99"
US 10-Year Treasury Yield Hovers Near One-Month High,Government Bond 10Y,"US 10-Year Treasury Yield Hovers Near One-Month HighUnited States Government Bond 10YThe 10-year US Treasury note yield, seen as a proxy for borrowing costs worldwide, consolidated near a one-month high of 3.6% as investors ramp up bets for two more rate hikes while scaling back expectations for rate cuts later in the year. Richmond Fed President Thomas Barkin was among the latest policymakers to warn that more evidence is needed that US inflation is returning to the central bank's 2% target. Earlier, Governor Christopher Waller echoed a similar view, leaning toward further policy tightening amid still-high inflation. Meantime, concerns about a potential US recession and further stress in the banking sector eased amid better-than-expected results from banking heavyweights, including JP Morgan Chase, Wells Fargo, Bank of American, and Goldman Sachs. 2023-04-18T09:20:00"
Dollar 2-Day Rally Pauses,Currency,"Dollar 2-Day Rally PausesUnited States CurrencyThe dollar index fell below 102 on Tuesday, ending a two-day winning streak, as investors continued to digest the economic and monetary policy outlook, with upbeat Chinese growth for Q1 offering some relief over a slowing global recovery. China's GDP expanded 4.5% yoy in Q1, beating forecasts of 4% and coming only slightly below the government's annual target of 5%. At the same time, labour market data for the UK supported the pound, as wage growth came higher than expected. Meanwhile, the market still saw an 87% chance the Fed would raise its fed funds rate by 25bps next month. Also, solid corporate earnings results from major US banks allayed concerns about the banking crisis that plunged the sector last month.2023-04-18T08:52:00"
Dollar Firms Up on Fed Rate Hike Bets,Currency,"Dollar Firms Up on Fed Rate Hike BetsUnited States CurrencyThe dollar index held above 102 on Tuesday after gaining more than 1% in the past two sessions, as robust US economic data bolstered market expectations that the Federal Reserve will raise interest rates again in May. Latest data showed that confidence among US single-family homebuilders improved for a fourth straight month in April, while manufacturing activity in New York expanded for the first time in five months. Solid corporate earnings results from major US banks also allayed some concerns about the banking crisis that plunged the sector last month. Markets are currently pricing a near certainty that the Fed would hike rate by 25 basis points next month, while still expecting rate cuts towards the end of the year. Investors now look ahead to the latest US housing starts and building permits data on Tuesday.2023-04-18T03:22:46.923"
US Capital Inflow Narrows in February,Capital Flows,"US Capital Inflow Narrows in FebruaryUnited States Capital FlowsThe United States posted a capital and financial account surplus of $28 billion in February of 2023, narrowing from a $183.1 billion surplus in the prior month after it reached January 2022 levels high. The net foreign private outflows were recorded at $37.4 billion, while net foreign official inflows were $65.5 billion. Foreign residents increased their holdings of long-term US securities in the period, with net purchases at $63.6 billion, including $9.4 billion in net purchases by foreign investors and $54.2 billion from foreign official institutions.
2023-04-17T20:32:01.043"
Charles Schwab earnings above expectations at 0.93 USD,Earnings,"Charles Schwab earnings above expectations at 0.93 USDUnited States EarningsCharles Schwab (SCHW) released earnings per share at 0.93 USD, compared to market expectations of 0.90 USD.2023-04-17T12:10:34.847"
Dollar Climbs on Fed Rate Hike Bets,Currency,"Dollar Climbs on Fed Rate Hike BetsUnited States CurrencyThe dollar index rose toward 102 on Monday, rebounding further from one-year lows as the American economy’s resilience and strong earnings from major US banks bolstered market expectations for another interest rate hike in May. Although US retail sales fell more than anticipated in March, core retail sales remained solid. Meanwhile, US consumer sentiment increased unexpectedly in April, and inflation projections for the year ahead jumped to a five-month high of 4.6%. Elsewhere, better first-quarter earnings results from JPMorgan, Citigroup, and Wells Fargo eased concerns about the banking turmoil. Markets are currently pricing a 25 basis point rate increase from the Federal Reserve for the next month. The dollar strengthened across the board, with the most pronounced buying activity against the euro and sterling.2023-04-17T03:31:00"
US Futures Rise Ahead of Busy Earnings Week,Stock Market,"US Futures Rise Ahead of Busy Earnings WeekUnited States Stock MarketUS stock futures rose on Monday as investors look ahead to a raft of earnings reports this week to gauge the health of corporate America. Dow and S&P 500 futures rose 0.2%, while Nasdaq 100 futures were flat. Last week, the Dow gained 1.2% for its fourth straight weekly advance, while the S&P 500 and Nasdaq Composite ended 0.79% and 0.29% higher, respectively. Those moves came as investors reacted to signs of cooling inflation in the US and better-than-expected earnings reports from major banks despite the recent turmoil in the financial sector. However, investors continued to grapple with a highly uncertain outlook for the economy and interest rates, with the Federal Reserve intent on bringing down inflation despite projecting a mild recession later this year. Markets now turn their attention to corporate earnings from major firms this week such as Tesla, Netflix, Bank of America, Morgan Stanley and Johnson & Johnson, among others.2023-04-16T23:47:00"
US Business Inventories Rise Less than Forecast,Business Inventories,"US Business Inventories Rise Less than ForecastUnited States Business InventoriesManufacturers and trade inventories in the US rose by 0.2% from a month earlier in February 2023, following an upwardly revised 0.2% fall in the prior month and slightly below market forecasts of a 0.3% increase. Higher stocks at retailers (0.7% vs flat reading in January) and merchant wholesalers (0.1% vs -0.6%) outweighed reduced inventories at manufacturers (-0.1% vs -0.1%). Year-on-year, business inventories jumped by 9.1% in February. 2023-04-14T14:09:00"
US Consumer Sentiment Surprises on the Upside,Consumer Confidence,"US Consumer Sentiment Surprises on the UpsideUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US unexpectedly increased to 63.5 in April of 2023 from 62 in March, beating forecasts of 62, preliminary estimates showed. A rise was seen in both current conditions (68.6 vs 66.3) and expectations (60.3 vs 59.2). Meanwhile inflation for the year-ahead is seen jumping to a five-month high of 4.6% from 3.6% while the five-year gauge was unchanged at 2.9%. While consumers have noted the easing of inflation among durable goods and cars, they still expect high inflation to persist, at least in the short run.2023-04-14T14:06:00"
JPMorgan Hits 4-week High,stocks,JPMorgan Hits 4-week HighUnited States stocksJPMorgan increased to a 4-week high of 135.352023-04-14T13:30:16.17
US Manufacturing Output Falls More than Forecast,Manufacturing Production MoM,"US Manufacturing Output Falls More than ForecastUnited States Manufacturing Production MoMManufacturing production in the United States fell 0.5 percent in March 2023, more than market expectations of a 0.1 percent decrease. The indexes for durable manufacturing and nondurable manufacturing moved down 0.9 percent and 0.1 percent in March, respectively, while the index for other manufacturing (publishing and logging) fell 0.7 percent. Most durables industries posted losses; wood products posted the largest drop, of 2.9 percent, followed by nonmetallic mineral products, which fell 2.6 percent. Within nondurables, gains of at least 1 percent were registered by apparel and leather and by petroleum and coal products; chemicals posted the largest loss, at 0.9 percent. Capacity utilization for manufacturing moved down 0.5 percentage point in March to 78.1 percent, a rate that is 0.1 percentage point below its long-run average. For the first quarter as a whole, the manufacturing sector edged up 0.3 percent at an annual rate.2023-04-14T13:30:05.317"
US Capacity Utilization at 4-Month High,Capacity Utilization,"US Capacity Utilization at 4-Month HighUnited States Capacity UtilizationCapacity utilization in the United States increased to a four-month high of 79.8% in March of 2023, from 79.6% in February and beating market forecasts of 79%. The operating rate for utilities jumped 5.6 percentage points to 75.3% while the one for manufacturing moved down 0.5 percentage point to 78.1% and for mining fell 0.5 percentage point to 91.1%. Capacity utilization is now 0.1 percentage point above its long-run average.2023-04-14T13:29:00"
10-Year Treasury Yield Rises Above 3.5%,Government Bond 10Y,"10-Year Treasury Yield Rises Above 3.5%United States Government Bond 10YThe yield on the 10-year US Treasury note jumped to over 3.5% on Friday, the highest in two weeks, as investors continued to monitor the latest economic data for insights on the Federal Reserve’s path for the rest of the year. US retail sales contracted more than expected in March, although upward revisions for the prior month softened worries about low consumer activity. At the same time, strong corporate results from US banks downplayed systemic risks from the bank runs in March, giving the Fed more room to increase interest rates. Even though the 10-year yield remains over 20bps higher than the 7-month low touched this month, investors continue to bet that cooler inflation and softer labor market conditions will force the Federal Reserve to cut its funds rate on three occasions this year. Earlier data showed that producer and consumer prices were lower than expected in March, while unemployment claims and non-farm payrolls showed some job market softening.2023-04-14T13:02:00"
US Export Prices Fall More than Expected,Export Prices MoM,"US Export Prices Fall More than ExpectedUnited States Export Prices MoMUS export prices went down by 0.3% from a month earlier in March of 2023, compared to market expectations of a 0.1% fall and following an upwardly revised 0.4% increase in the prior month. It was the first decrease in export prices after two consecutive months of rises. The price index for agricultural exports decreased by 1.5% in March, after increasing 1.2% the previous month, as lower prices for corn, soybeans, wheat, and fruit more than offset higher meat prices.  Meanwhile, the ones for nonagricultural exports fell by 0.2%, following a 0.3% advance in February. Lower prices for nonagricultural industrial supplies and materials and nonagricultural foods in March more than offset higher prices for capital goods and consumer goods. On a yearly basis, prices for US exports slipped by 4.8% in March, the largest decline since a 6.7% drop in May 2020.2023-04-14T12:54:00"
DXY Edges Up,Currency,"DXY Edges UpUnited States CurrencyThe dollar index pared losses and was above 101 on Friday, still remaining close to its lowest level in a year, as investors try to gauge the next Fed monetary policy steps. The latest data showed retail sales in March fell more than expected but previous figures were revised to show a smaller decline. Meanwhile, US consumer sentiment unexpectedly increased and inflation expectations for the year ahead jumped to a 5-month high of 4.6%. Earlier, US producer prices unexpectedly fell month-on-month in March by the most in nearly three years, and inflation data pointed to a moderation in consumer prices. The latest FOMC minutes also indicated that officials considerably scaled back expectations of aggressive rate hikes, as the recent banking crisis would likely tip the economy into recession later this year. Markets are currently pricing in a 25 basis point rate increase from the Fed in May and a series of rate cuts from July to the end of the year.2023-04-14T12:54:00"
Dollar Index Hits 51-week Low,currency,Dollar Index Hits 51-week LowUnited States currencyDXY decreased to a 51-week low of 100.792023-04-14T12:30:33.873
Citigroup earnings above expectations at 2.19 USD,Earnings,"Citigroup earnings above expectations at 2.19 USDUnited States EarningsCitigroup (C) released earnings per share at 2.19 USD, compared to market expectations of 1.70 USD.2023-04-14T12:10:56.863"
PNC earnings above expectations at 3.98 USD,Earnings,"PNC earnings above expectations at 3.98 USDUnited States EarningsPNC (PNC) released earnings per share at 3.98 USD, compared to market expectations of 3.67 USD.2023-04-14T11:00:34.85"
Wells Fargo earnings above expectations at 1.23 USD,Earnings,"Wells Fargo earnings above expectations at 1.23 USDUnited States EarningsWells Fargo (WFC) released earnings per share at 1.23 USD, compared to market expectations of 1.12 USD.2023-04-14T11:00:30.947"
JPMorgan earnings above expectations at 4.32 USD,Earnings,"JPMorgan earnings above expectations at 4.32 USDUnited States EarningsJPMorgan (JPM) released earnings per share at 4.32 USD, compared to market expectations of 3.41 USD.2023-04-14T10:58:52.82"
BlackRock earnings above expectations at 7.93 USD,Earnings,"BlackRock earnings above expectations at 7.93 USDUnited States EarningsBlackRock (BLK) released earnings per share at 7.93 USD, compared to market expectations of 7.75 USD.2023-04-14T10:30:30.323"
UnitedHealth earnings above expectations at 6.26 USD,Earnings,"UnitedHealth earnings above expectations at 6.26 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 6.26 USD, compared to market expectations of 6.17 USD.2023-04-14T10:00:28.993"
US 10-Year Treasury Yield Consolidates Around 3.4%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Around 3.4%United States Government Bond 10YThe yield on the 10-year Treasury note consolidated around 3.40%, not far from a seven-month low of 3.25% touched earlier this month as investors have been adjusting their portfolios to cope with sluggish growth and a less aggressive stance from the Federal Reserve. After data revealed that consumer inflation fell more than expected in March, another report showed that producer prices fell by 0.5%, the most since the pandemic-induced decline in April 2020. Investors now bet policymakers will deliver one more interest rate hike in May before pausing and pivoting to a dovish policy in the year's second half. Meanwhile, the March Fed minutes revealed that the collapse of two regional banks would likely tip the economy into recession later this year.2023-04-14T07:49:27.743"
Merck & Co Hits Near 51-year High,stocks,Merck & Co Hits Near 51-year HighUnited States stocksMerck & Co increased to a near 51-year high of 115.782023-04-13T19:45:12.233
AT&T Hits 9-week High,stocks,AT&T Hits 9-week HighUnited States stocksAT&T increased to a 9-week high of 19.942023-04-13T19:03:00.353
Facebook | Meta Hits 49-week High,stocks,Facebook | Meta Hits 49-week HighUnited States stocksFacebook | Meta increased to a 49-week high of 219.822023-04-13T17:53:29.93
Nike Hits 8-week High,stocks,Nike Hits 8-week HighUnited States stocksNike increased to a 8-week high of 126.072023-04-13T17:40:13.867
US Mortgage Rates Fall for 5th Week: Freddie Mac,30 Year Mortgage Rate,"US Mortgage Rates Fall for 5th Week: Freddie MacUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage decreased for a fifth consecutive week to 6.27% as of April 13, 2023, down from 6.28% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac. The 15-year fixed-rate mortgage averaged 5.54%, below 5.64% last week. “Mortgage rates decreased for the fifth consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “Incoming data suggest inflation remains well above the desired level but showing signs of deceleration. These trends, coupled with tight labor markets, are creating increased optimism among prospective homebuyers as the housing market hits its peak in the spring and summer.”2023-04-13T16:18:37.067"
Treasury Yields Retreat Following PPI,Government Bond 10Y,"Treasury Yields Retreat Following PPIUnited States Government Bond 10YThe yield on the 10-year Treasury note fell to under 3.4%, heading toward the seven-month low of 3.28% touched on April 5th as evidence of slowing inflation in the US economy strengthened bets that the Federal Reserve could cut rates multiple times this year. After data revealed that consumer inflation fell more than expected in March, another report showed that producer prices fell by 0.5%, the most since the pandemic-induced decline in April 2020. Core producer prices also decreased, raising hopes that lower core consumer inflation could follow. Meanwhile, the March Fed minutes disclosed that the collapse of two regional banks could tip the economy into a recession later this year, further supporting government debt. Money markets now price two 25bps rate cuts in the third quarter and one in the fourth quarter.2023-04-13T12:56:00"
US Producer Inflation Slows More than Expected,Producer Prices Change,"US Producer Inflation Slows More than ExpectedUnited States Producer Prices ChangeThe Producer Price Index for final demand in the United States increased by 2.7 percent from a year earlier in March 2023, easing from an upwardly revised 4.9 percent rise in the previous month and below market expectations of 3 percent. The rate of inflation was the lowest since January 2021, adding to signs that inflationary pressure in the world's largest economy might be cooling following the policy tightening delivered by the Fed over the past year.2023-04-13T12:36:41.247"
US Core Producer Prices Fall for 1st Time since 2020,Core Producer Prices MoM,"US Core Producer Prices Fall for 1st Time since 2020United States Core Producer Prices MoMCore producer prices in the United States which exclude the cost of food and energy were down 0.1% month-over-month in March of 2023, following a revised 0.2% rise in February and compared with market forecasts of a 0.3% increase. It was the first decrease in core producer prices since April 2020. Year-on-year, core producer inflation dropped to a two-year low of 3.4% in March, matching market estimates.
2023-04-13T12:35:00"
Progressive earnings below expectations at 0.75 USD,Earnings,"Progressive earnings below expectations at 0.75 USDUnited States EarningsProgressive (PGR) released earnings per share at 0.75 USD, compared to market expectations of 1.39 USD.2023-04-13T12:30:29.813"
US 10-Year Treasury Yield Consolidates Around 3.4%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Around 3.4%United States Government Bond 10YThe yield on the 10-year Treasury note consolidated around 3.40%, not far from a seven-month low of 3.25% touched earlier this month as investors have been adjusting their portfolios to cope with sluggish growth and a less aggressive stance from the Federal Reserve. The annual inflation rate fell to 5.0% last month, the lowest since May 2021, below economists' forecasts of 5.2%, prompting bets that policymakers will deliver one more interest rate hike in May before a pause and pivot to a dovish policy in the year's second half. Meanwhile, the March Fed minutes revealed that the collapse of two regional banks would likely tip the economy into recession later this year. 2023-04-13T08:24:30.167"
Dollar Holds Losses Following FOMC Minutes,Currency,"Dollar Holds Losses Following FOMC MinutesUnited States CurrencyThe dollar index steadied around 101.5, remaining close to its lowest levels since early February as investors assessed minutes from the latest Fed meeting for hints on future monetary policy decisions. The FOMC considerably scaled back the expectations of aggressive rate hikes this year after major US bank closures stressed the global financial system, and stated they would remain vigilant on the potential of a credit crunch and its impact on the economy. The document also suggested policymakers were less determined for another rate hike in May to assess how elevated interest rates impact consumers. Earlier in the session, fresh CPI data showed that inflation slowed more than expected in March, but an increase in annual core inflation kept dovish expectations in check. Following the batch of new data, investors pared back bets of the Fed’s dovish pivot, but continued to price three rate cuts by the end of the year. 2023-04-12T18:41:00"
US Budget Deficit Widens More Than Expected in March,Government Budget Value,"US Budget Deficit Widens More Than Expected in MarchUnited States Government Budget ValueThe US government budget deficit stood at USD 378 billion in March 2023 above a USD 192 billion shortfall in the corresponding period of the previous year, and market expectations of a USD 302 billion shortfall. It was the biggest deficit since March 2021, amid lower Federal Reserve earnings and higher individual tax refunds as the Internal Revenue Service worked through a substantial backlog of unprocessed returns amassed during the COVID-19 pandemic. Outlays rose by 36% to USD 691 billion from a year earlier, while receipts shrank by 0.6% to USD 313 billion. 

2023-04-12T18:21:00"
10-Year Treasury Yield Remains Steady After FOMC,Government Bond 10Y,"10-Year Treasury Yield Remains Steady After FOMCUnited States Government Bond 10YThe yield on the 10-year Treasury note recovered from early lows and hovered at the 3.45% mark on Wednesday, well above the seven-month low of 3.29% from April 6th as investors weighed on minutes from the Federal Reserve’s March meeting and fresh CPI data. The FOMC agreed in raising the funds rate by 25bps despite previous calls for a more aggressive 50bps increase, underscoring caution against overtightening following major bank closures in the United States that sent ripples throughout the global financial sector. Still, policymakers showed a broad consensus that inflation remains too high, easing bets of three rate cuts this year. Earlier in the session, data showed that consumer prices rose by 5% in March, below market expectations of 5.2% and slowing from the 6% increase in the previous month. On the other hand, the annual core inflation edged higher for the first time in six months. 2023-04-12T18:16:00"
US Rent Inflation Rises to Fresh 4-Decade High,Rent Inflation,"US Rent Inflation Rises to Fresh 4-Decade HighUnited States Rent InflationRent Inflation in the United States continued to climb to 8.2% in March 2023, up from 8.1% in the prior month. It was the highest reading since June 1982.2023-04-12T12:58:00"
US Energy Prices Fall for 1st Time in Over 2 Years,Energy Inflation,"US Energy Prices Fall for 1st Time in Over 2 YearsUnited States Energy InflationThe cost of energy in the US declined by 6.4% year-on-year in March 2023, compared with a 5.2% rise in the prior month. It was the first drop in energy prices since January 2021, amid a sharp fall in prices of gasoline (-17.4% vs -2% in February) and fuel oil (-14.2% vs -9.2%). At the same time, prices softened for natural gas (5.5% vs 14.3%) and electricity (10.2% vs 12.9%).2023-04-12T12:48:00"
Treasury Yields Retreat After CPI,Government Bond 10Y,"Treasury Yields Retreat After CPIUnited States Government Bond 10YThe yield on the 10-year US Treasury note sank to below the 3.35% mark on Wednesday, as cooler-than-expected inflation data eased pressure on the Federal Reserve to increase interest rates. Consumer prices rose by 5% in March, below market expectations of 5.2% and slowing from the 6% increase in the previous month. On the other hand, the annual core inflation edged higher for the first time in six months. As a result, money markets pared bets of a 25bps interest rate increase by the Fed in May, extending the dovish momentum following a release of softer labor market data last week. Traders now await FOMC minutes for further clues on the Fed's next move.2023-04-12T12:47:00"
US Services Inflation Slows to 4-Month Low,Services Inflation,"US Services Inflation Slows to 4-Month LowUnited States Services InflationServices inflation in the United States eased to 7.3% year-on-year in March 2023, the lowest in four months, from 7.6% in the prior month.
2023-04-12T12:44:26.94"
US Food Inflation Hits Over 1-Year Low,Food Inflation,"US Food Inflation Hits Over 1-Year LowUnited States Food InflationFood prices in the United States increased at a slower 8.5% from a year earlier in March 2023, decelerating from a 9.5% rise in February and a peak of 11.4% in last August. It was the lowest reading since February of 2022, as prices continued to slow down for food at home (8.4% vs 10.2% in February), while accelerating further for food away from home (8.8% vs 8.4%).2023-04-12T12:42:00"
US Annual Core Inflation Rate Edges Higher,Core Inflation Rate,"US Annual Core Inflation Rate Edges HigherUnited States Core Inflation RateThe annual core consumer price inflation rate in the United States, which excludes volatile items such as food and energy, ticked up to 5.6% in March 2023, from a 14-month low of 5.5% in the prior month, matching market estimates as the cost of rent increased further. On a monthly basis, core consumer prices rose by 0.4% from a month earlier in March of 2023, in line with market expectations, and slowing slightly from the 0.5% increase in the previous month. Prices continued to fall for used cars and trucks and medical care services, while the transportation services and shelter were up. 
2023-04-12T12:37:00"
US CPI Rises 0.1% MoM in March,Inflation Rate MoM,"US CPI Rises 0.1% MoM in MarchUnited States Inflation Rate MoMThe CPI in the US increased 0.1 percent month-over-month in March of 2023, slowing from a 0.4 percent rise in February and below analysts' expectations of a 0.2 percent gain. The index for shelter was by far the most significant contributor (0.6 percent vs. 0.8 percent in February), offsetting a sharp decline in energy (-3.5 percent vs. -0.6 percent). 2023-04-12T12:36:13.36"
US Core Consumer Prices Rise Less than Expected,Core Inflation Rate MoM,"US Core Consumer Prices Rise Less than ExpectedUnited States Core Inflation Rate MoMUS core consumer prices, which exclude volatile items such as food and energy, rose by 0.4 percent from a month earlier in March of 2023, in line with market expectations, and slowing slightly from the 0.5 percent increase in the previous month. Consumer costs continued to fall for used cars and trucks and medical care services, offsetting the increase for transportation services and shelter. Year-on-year, core consumer prices advanced by 5.6 percent.2023-04-12T12:33:00"
US Mortgage Rates Fall for 5th Week,Mortgage Rate,"US Mortgage Rates Fall for 5th WeekUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) in the United States decreased by 10bps to 6.3% in the first week of April, the fifth consecutive week of declines and the lowest level in two months, data from the Mortgage Bankers Association’s (MBA) showed. Borrowing costs have been tracking a fall in Treasury yields amid concerns about the banking turmoil and the economic outlook for the US. However, yields rose after the nonfarm payrolls report, suggesting mortgage rates could start marching higher again.2023-04-12T11:12:00"
Dollar Muted Ahead of Key Inflation Data,Currency,"Dollar Muted Ahead of Key Inflation DataUnited States CurrencyThe dollar index held around 102.1 in subdued trade on Wednesday after losing some ground in the previous session, as investors cautiously awaited a key US inflation report that could influence the Federal Reserve’s interest rate decision in May. Friday's jobs data from the US Labor Department revealed that the labor market remained tight, easing some concerns over a possible recession and raising the odds that the central bank could tighten policy further in May. A slew of Fed speakers offered little clues on how much further US interest rates would rise, with New York Fed President John Williams saying that the central bank’s policy path will depend on incoming data. Money markets are now pricing in a much higher chance that the Fed will deliver another 25 basis point rate hike next month.2023-04-12T03:25:00"
US Futures Steady Ahead of Key Inflation Data,Stock Market,"US Futures Steady Ahead of Key Inflation DataUnited States Stock MarketUS stock futures held steady on Wednesday as investors cautiously awaited a key US inflation report that could influence the trajectory of the Federal Reserve’s interest rate decision in May. Futures contracts tied to the three major indexes drifted flat to slightly positive. In regular trading on Tuesday, the Dow rose 0.29% and the S&P 500 ended flat, while the Nasdaq Composite fell 0.43%. Nine out of the 11 S&P sectors finished higher led to the upside by energy, while technology stocks underperformed the market. Last week's jobs data pointed to a still-tight labor market, reinforcing bets of another 25 bps rate hike in May but easing some concerns that the US economy is near recession. Investors now await a slew of economic data and corporate results, particularly those from big US banks, for clues about the economy's health and the likely future path of interest rates. 2023-04-12T00:08:00"
US Crude Oil Inventories Above Expectations: API,API Crude Oil Stock Change,"US Crude Oil Inventories Above Expectations: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US increased by 0.377 million barrels in the week that ended April 7th, 2023, beating the market expectation of a 1.3 million decline and following a 4.3 million barrel fall in the previous week in the previous week, data from the API's Weekly Statistical Bulletin showed. It was the first week of gain after two straight weeks of decline.
2023-04-11T20:39:35.717"
Goldman Sachs Hits 4-week High,stocks,Goldman Sachs Hits 4-week HighUnited States stocksGoldman Sachs increased to a 4-week high of 3292023-04-11T19:15:06.123
DXY Fails to Hold Momentum,Currency,"DXY Fails to Hold MomentumUnited States CurrencyThe dollar depreciated against a basket of major currencies on Tuesday, pulling back from its weekly highs toward the 102 mark as investors turned their attention to a critical US inflation reading due on Wednesday for clues on monetary policy. Friday's jobs data from the US Labor Department revealed a still-tight labor market, supporting bets for another Federal Reserve hike rate in May and easing some concerns of a looming recession in the world's largest economy. Investors now await the US CPI report for signs of how close interest rates are to peaking. The dollar's weakness was seen across the board, with some of the most pronounced selling activity against the euro and the British pound.2023-04-11T10:53:27.84"
UnitedHealth Hits 13-week High,stocks,UnitedHealth Hits 13-week HighUnited States stocksUnitedHealth increased to a 13-week high of 514.382023-04-10T17:08:38.843
Walmart Hits 10-week High,stocks,Walmart Hits 10-week HighUnited States stocksWalmart increased to a 10-week high of 151.052023-04-10T16:39:13.097
Walt Disney Hits 4-week High,stocks,Walt Disney Hits 4-week HighUnited States stocksWalt Disney increased to a 4-week high of 100.452023-04-10T14:36:47.657
USD Appreciates Sharply,Currency,"USD Appreciates SharplyUnited States CurrencyThe dollar strengthened toward the 103 mark as investors bolstered bets that the Federal Reserve would hike rates in May following Friday's payrolls data. The Labor Department's closely watched report showed the U.S. nonfarm payrolls increased by 236,000 jobs in March, coming close to expectations of 239,000. The unemployment rate also fell to 3.5% compared with the forecasts of 3.6%. Markets are now pricing in an over 70% chance that the Fed would raise rates by 25 basis points next month. Investors also await the US CPI report later this week for further clues on the tightening path. The dollar's strength was seen across the board, with some of the most pronounced buying activity against the Japanese yen after Japan's new central bank governor, Kazuo Ueda, hinted at an accommodative monetary stance.2023-04-10T14:34:00"
US Wholesale Inventories Revised Lower,Wholesale Inventories,"US Wholesale Inventories Revised LowerUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.1 percent from a month earlier in February 2023, slightly below the preliminary estimate of a 0.2 percent growth and partially recovering from a revised 0.6 percent decline in January. Stocks of durable goods were up 0.5 percent (vs -0.2 percent in January) on the back of rising inventories of automotive (1.7 percent vs -0.1 percent), electrical (1.6 percent vs 0.2 percent), machinery (0.9 percent vs 1.0 percent), and hardware (0.7 percent vs -0.1 percent). By contrast, inventories of non-durable goods dropped 0.5 percent, due to declines in stocks of farm products (-3.3 percent vs -4.9 percent), petroleum (-2.7 percent vs -0.9 percent), chemicals (-1.0 percent vs -1.4 percent), and drugs (-0.9 percent vs 1.0 percent). On a yearly basis, wholesale inventories rose by 12.0 percent in February.2023-04-10T14:08:00"
10-Year Treasury Yield Rises on Bets for Another 25bps Rate Hike,Government Bond 10Y,"10-Year Treasury Yield Rises on Bets for Another 25bps Rate HikeUnited States Government Bond 10YThe yield on the US 10-year Treasury note reversed early losses to trade higher above 3.41% to kick off the second week of April, as investors return from the Easter weekend and continue to assess the economic and the monetary policy outlook. Most investors now see the Fed delivering another 25bps increase in the fed funds rate in May, after the payrolls report continued to point to a tight labour market, with the economy adding 236K jobs and the unemployment rate dropping to near record lows to 3.5%. Traders now await consumer and producer inflation releases and FOMC minutes for further clues on the Fed's next move.  On Friday, the ten-year yield jumped as much as 11bps after the NFP release while the two-year rose as much as 15bps to 3.97%. 2023-04-10T14:03:00"
US Stocks Under Pressure,Stock Market,"US Stocks Under Pressure United States Stock MarketThe blue-chip Dow lost more than 100 points on Monday afternoon, while the S&P 500 and Nasdaq were down 0.9% and 1.1%, respectively, as investors reassessed the outlook for monetary policy and growth following Friday's nonfarm payrolls data. The Labor Department's closely watched report showed that hiring cooled in March but that the labor market remained tight, with the unemployment rate slipping to 3.5%. This data have bolstered bets for another Fed rate increase in May but eased some concerns that the world's largest economy is heading toward recession. On the corporate side, shares of regional banks slipped after Federal Reserve data showed overall credit from US banks declined by a record of more than $120 billion in the latest week. Tesla dropped almost 2% after cutting all models' prices again. On the other hand, Micron Technology jumped more than 7% after rival Samsung Electronics said it would cut memory chip production.2023-04-10T13:31:00"
US Stock Futures Subdued,Stock Market,"US Stock Futures Subdued United States Stock MarketStock futures contracts tied to the Dow Jones fell 0.2% on Monday, while those linked to the S&P 500 and Nasdaq were down 0.5% and 0.7%, respectively, as investors reassessed the outlook for monetary policy and growth following Friday's nonfarm payrolls data. The Labor Department's closely watched employment report showed that hiring cooled in March but that the labor market remained tight, with the unemployment rate slipping to 3.5%. This data bolstered bets for another Fed rate increase in May but eased some concerns that the world's largest economy is heading toward recession. On the corporate side, Tesla dropped 2% in premarket trading after cutting all models' prices again this year. Micron Technology jumped more than 6% after rival Samsung Electronics said it would cut memory chip production.2023-04-10T11:48:00"
US 10-Year Yield Falls Slightly,Government Bond 10Y,"US 10-Year Yield Falls SlightlyUnited States Government Bond 10YThe yield on the US 10-year Treasury note eased to 3.36% to kick off the second week of April, as investors continue to assess the economic and the monetary policy outlook. Focus this week will be on consumer and producer inflation releases and FOMC minutes for further clues on the Fed's next move. Most investors now see the Fed delivering another 25bps increase in the fed funds rate in May, after the payrolls report continued to point to a tight labour market, with the economy adding 236K jobs and the unemployment rate dropping to near record lows to 3.5%. On Friday, the ten-year yield jumped as much as 11bps after the NFP release while the two-year rose as much as 15 basis points to 3.97%. The U.S. Treasury yield curve which showed the gap between yields on two- and 10-year Treasury notes and is seen as an indicator of economic expectations, was at -58 bps.2023-04-10T07:52:00"
Dollar Firms Up on Solid Jobs Report,Currency,"Dollar Firms Up on Solid Jobs ReportUnited States CurrencyThe dollar index firmed up above 102 on Monday, holding close to its strongest levels in a week after the US non-farm payrolls report pointed to a tight labor market and supported bets for another interest rate hike from the Federal Reserve in May. Data released on Friday showed the US non-farm payrolls increased by 236,000 jobs in March, coming close to expectations of 239,000. The unemployment rate also fell to 3.5% compared with the forecasts of 3.6%. Markets are now pricing in a 66% chance that the Fed would raise rates by 25 basis points next month. Investors also look ahead to key US inflation data on Wednesday for clues on the central bank’s tightening campaign. Meanwhile, the economic outlook for the US remains challenging as a slew of data from last week, including jobless claims, ISM PMIs, ADP, and the JOLTS report, confirmed that tighter financial conditions are already hurting the economy.2023-04-10T02:47:00"
US Futures Fluctuate Ahead of Busy Week,Stock Market,"US Futures Fluctuate Ahead of Busy WeekUnited States Stock MarketUS stock futures were mixed on Monday as investors cautiously awaited key inflation data and a raft of corporate earnings reports for the latest quarter. Dow and S&P 500 futures rose 0.1%, while Nasdaq 100 futures fell 0.1%. In holiday-shortened trading last week, the Dow gained 0.63%, while the S&P 500 and Nasdaq Composite lost 0.1% and 1.1%, respectively. Those moves came as softening US data pointed to further signs that the economy may be headed to a recession. Meanwhile, data released on Friday showed US payrolls grew by 236,000 in March, largely in line with expectations. However, the unemployment rate ticked lower to 3.5%, compared with forecasts of 3.6%. Markets now look ahead to the latest consumer price index and the FOMC minutes for clues on the Federal Reserve’s rate hiking campaign, as well as earnings reports this week from UnitedHealth, JPMorgan Chase, Wells Fargo, Citigroup, and Delta Air Lines.2023-04-10T00:00:00"
US Youth Jobless Rate Lowest since 1953,Youth Unemployment Rate,"US Youth Jobless Rate Lowest since 1953United States Youth Unemployment RateThe youth unemployment rate in the United States, measuring jobseekers between 16 and 24 years old, decreased to 7.5 percent in March 2023, the lowest since 1953, down from 8.1 percent in February.2023-04-07T12:53:19.05"
Dollar Rises to Highest Level so Far this Month,Currency,"Dollar Rises to Highest Level so Far this Month United States CurrencyThe dollar index extended gains to approach 102.2 in thin Good Friday trade, hitting the highest level so far this month, after the NFP report renewed bets the Fed could move on with another 25bps hike next month. Prior to the release, the odds of a rate hike were falling and most investors were expecting the Fed to halt the increases. However, the payrolls report showed NFP near expectations at 236K, while the jobless rate unexpectedly fell and the annual pay growth slowed more than expected. However, the economic outlook for the US remains challenging, with data released during the week including jobless claims, ISM PMIs, ADP and the JOLTS report showing tighter financial conditions are already hurting the economy.2023-04-07T12:52:00"
US Annual Pay Growth at Near 2-Year Low,Average Hourly Earnings YoY,"US Annual Pay Growth at Near 2-Year LowUnited States Average Hourly Earnings YoYAverage hourly earnings for all employees on US private nonfarm payrolls increased by 4.2% year-on-year in March 2023, down from 4.6% in the prior month and slightly below market forecasts of a 4.3% rise. It was the smallest increase in annual average hourly earnings since June 2021.2023-04-07T12:45:21.473"
US 10-Year Bond Yield Surges after NFP,Government Bond 10Y,"US 10-Year Bond Yield Surges after NFPUnited States Government Bond 10YThe yield on the US 10-year Treasury note jumped almost 10bps to 3.37% on Friday, after the NFP report showed the US economy added 236K jobs in March, slightly less than forecasts of 239K, but still pointing to a strong job growth. At the same time, the unemployment rate unexpectedly edged lower and annual pay growth slowed more than anticipated. The payrolls report renewed bets of a 25bps rate hike from the Fed next month. Prior to the NFP release, a majority of investors were seeing the central bank pausing the tightening cycle, after data during the week including jobless claims, ISM PMIs, ADP and the JOLTS report showed tighter financial conditions are already hurting the US economy. The Securities Industry and Financial Markets Association Trading recommended trading in the bond market to close at 12:00 PM today.2023-04-07T12:43:00"
US Jobless Rate Unexpectedly Falls,Unemployment Rate,"US Jobless Rate Unexpectedly FallsUnited States Unemployment RateThe unemployment rate in the United States edged down to 3.5 percent in March 2023, against expectations that it would hold at 3.6 percent. The number of unemployed people decreased by 97 thousand to 5.839 million and employment levels rose by 577 thousand to 160.892 million. The so-called U-6 unemployment rate, which also includes people who want to work, but have given up searching and those working part-time because they cannot find full-time employment, decreased to 6.7 percent in March from 6.8 percent. Meanwhile, the labor force participation rate edged up to 62.6 percent in March from 62.5 percent in February, the highest since March 2020.2023-04-07T12:33:00"
"US 10-Year Treasury Yield at 3.3%, Payrolls Eyed",Government Bond 10Y,"US 10-Year Treasury Yield at 3.3%, Payrolls EyedUnited States Government Bond 10YThe yield on the US 10-year Treasury note was around 3.3% in thin trade on the Good Friday, holding close to low levels not seen since September last year, as traders await the highly-anticipated payrolls release and as worries over the health of the US economy mount. Early in the week, several data including jobless claims, ISM PMIs, ADP and the JOLTS report showed tighter financial conditions are already hurting the US economy. Most investors now see the Fed leaving the fed funds rate steady next month, with less than 40% expecting a 25bps rate hike. The Securities Industry and Financial Markets Association Trading recommended trading in the bond market to close at 12:00 PM today.2023-04-07T07:27:54.39"
Dollar Steady Ahead of NFP Data,Currency,"Dollar Steady Ahead of NFP DataUnited States CurrencyThe US dollar steadied around 102 in thin trading on Friday after falling to a 2-month low earlier in the week, as investors braced for non-farm payrolls report later in the day. Market participants also digested Thursday's US initial jobless claims data showing unemployment benefits dropped 18,000 to a seasonally adjusted 228,000 for the week ended April 1st,  but data for the prior week was revised to show 48,000 more applications received than previously reported. Other figures released this week indicated that private companies in the US added fewer jobs than expected in March with job openings falling below 10 million for the first time since 2021. Meanwhile, factory orders declined further and the ISM Manufacturing PMI was down for the fifth month. 


2023-04-07T02:03:00"
US Natural Gas Stocks Fall More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Fall More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities pulled 23 billion cubic feet (bcf) of gas from storage during the week ended March 31, above market expectations of a 21 bcf withdrawal. That compares with a 24 bcf withdrawal during the same week a year ago and a five-year (2018-2022) average of 0 bcf. Last week's decrease cut stockpiles to 1.830 trillion cubic feet (tcf), 443 bcf higher than last year at this time and 298 bcf above the five-year average of 1.532 tcf.2023-04-06T14:34:27.743"
Coca-Cola Hits 10-week High,stocks,Coca-Cola Hits 10-week HighUnited States stocksCoca-Cola increased to a 10-week high of 63.032023-04-06T13:35:07.207
Caterpillar Hits 22-week Low,stocks,Caterpillar Hits 22-week LowUnited States stocksCaterpillar decreased to a 22-week low of 211.392023-04-06T13:30:44.43
DXY Recover Slightly,Currency,"DXY Recover SlightlyUnited States CurrencyThe US dollar rose past 102 on Thursday, recovering from a 2-month low hit earlier in the week as investors were digesting recent data. The number of Americans filing new claims for unemployment benefits fell 18,000 to a seasonally adjusted 228,000 for the week ended April 1 but data for the prior week was revised to show 48,000 more applications received than previously reported. On the other hand, data released earlier this week suggests the labor market is cooling and that the economy is starting to slow amid high borrowing costs raising expectations the Federal Reserve might halt the tightening cycle. Challenger, Gray & Christmas Inc. said that job cuts at US-based employers totaled 89,703 in March, 319% more than a year earlier; and the ADP report showed private companies in the US added fewer jobs than expected in March. 
 2023-04-06T13:02:00"
US 10Y Bond Yield Hits 29-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 29-week LowUnited States Government Bond 10YUS 10 Year Government Bond Yield decreased to a 29-week low of 3.2643%2023-04-06T12:29:15.597
Constellation Brands earnings above expectations at 1.98 USD,Earnings,"Constellation Brands earnings above expectations at 1.98 USDUnited States EarningsConstellation Brands (STZ) released earnings per share at 1.98 USD, compared to market expectations of 1.84 USD.2023-04-06T12:00:24.01"
US Stock Futures Muted,Stock Market,"US Stock Futures MutedUnited States Stock MarketStock futures contracts tied to the three major indices were trading around the flatline on Thursday as investors grew worried about the impact of the Federal Reserve's rate-hiking spree on growth. Regarding the labor market, the US private sector added far fewer jobs than expected in March, while job vacancies sank in February to the lowest since May 2021. Also, the ISM surveys showed that the US services sector slowed more than expected last month while manufacturing activity continued to contract. Despite mounting evidence that the US is on the brink of a recession, Fed Cleveland President Mester said the fund's rate should rise above 5% this year to quell inflation.2023-04-06T08:09:15.617"
Dollar Edges Higher Ahead of NFP Data,Currency,"Dollar Edges Higher Ahead of NFP DataUnited States CurrencyThe US dollar rose slightly on Thursday, trying to hold gains from the prior session, as traders braced for US non-farm payrolls data Friday. Meantime, Cleveland Fed President Loretta Mester said this week that interest rates in the US will keep rising despite weakness in the economy. She also suggested that rates will remain above the 5% mark for longer.  Money markets are now pricing a pause in interest rate hikes in May, with rate cuts expected soon in July through the end of the year. The dollar index slid to a two-month low earlier this week after the ADP report showed private companies in the US added fewer jobs than expected in March. Also, job openings fell below 10 million for the first time since 2021, while factory orders declined further and the ISM Manufacturing PMI indicated that factory activity dropped for a fifth month. 2023-04-06T04:42:00"
Dollar Recovers from Early Losses,Currency,"Dollar Recovers from Early LossesUnited States CurrencyThe dollar index recovered from early losses to trade slightly higher around 101.8 on Wednesday, as investors worry about the health of the US economy after fresh economic data offered further evidence of a slowdown. The ISM Services PMI came in much lower than expected as demand is cooling and the ADP report showed private companies added less jobs than anticipated, as high borrowing costs weigh. Early in the week, US job openings, a measure of labor demand, fell below 10 million for the first time since 2021, while factory orders declined further and the ISM Manufacturing PMI showed factory activity shrank for a fifth month. Money markets are now pricing a pause in interest rate hikes by the Fed in May, with rate cuts expected soon after that. The most pronounced buying activity was against the British pound and the euro. The next big catalyst for the dollar should be the NFP report due Friday.2023-04-05T15:08:00"
US Crude Stocks Fall More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Fall More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 3.739 million barrels in the week ended March 31, 2023, more than market expectations of a 2.329 million barrel decrease, the latest US Energy Information Administration report showed. Also, crude stocks at the Cushing, Oklahoma delivery hub dropped by 970 thousand barrels, following a 1632 thousand decrease in the previous period. Meanwhile, gasoline stocks declined by 4.119 million, above expectations of a 1.729 million draw. Distillate stockpiles, which include diesel and heating oil, went down by 3.632 million, compared with forecasts for a 0.396 million drop.2023-04-05T14:42:56.46"
Merck & Co Hits 4-week High,stocks,Merck & Co Hits 4-week HighUnited States stocksMerck & Co increased to a 4-week high of 110.732023-04-05T13:57:10.503
"US Composite PMI Revised Lower, Still the Highest in 9 Months",Composite PMI,"US Composite PMI Revised Lower, Still the Highest in 9 MonthsUnited States Composite PMIThe S&P Global US Composite PMI came in at 52.3 in March 2023, revised lower from the preliminary estimate of 53.3 but above February final reading of 50.1. The latest PMI figure signaled a modest rise in business activity that was the fastest since last June, mainly led by a steeper increase in service sector output. Meanwhile, manufacturers recorded only a fractional advance in output. Overall new business grew for the first time in six months driven by solid domestic demand. Employment levels rose at a faster rate, while backlogs of work increased for the first time since last September. On the price front, a further marked rise in input costs was reflected in a faster increase in output charges.2023-04-05T13:54:27.127"
US Services PMI Revised Lower: S&P Global,Services PMI,"US Services PMI Revised Lower: S&P GlobalUnited States Services PMIThe S&P Global US Services PMI was revised lower to 52.6 in March 2023 from a preliminary estimate of 53.8, and compared with 50.6 in the previous month. The latest data showed the sharpest rise in output since June 2022, driven by the first expansion in new business since last September. Domestic demand continued to support the increase, but new export orders fell further, albeit at only a fractional pace. Pressure on capacity built following greater new orders, as firms registered a modest accumulation of backlogs of work. Subsequently, companies engaged in another round of job creation. Despite stronger demand conditions, business confidence was below the series average and dipped from February amid inflation concerns. On the price front, input costs rose at the second-slowest pace since October 2020. Nevertheless, efforts to pass through higher costs to clients resulted in a steep and accelerated increase in selling prices.2023-04-05T13:47:00"
Dollar Edges Lower after ADP Narrows Fed's Room for Tightening,Currency,"Dollar Edges Lower after ADP Narrows Fed's Room for Tightening United States CurrencyThe dollar index fell to 101.5 on Wednesday, a level not seen in two months, after the ADP report showed private companies in the US added less jobs than expected in March, in another sign the economy is starting to slow amid high borrowing costs. Early in the week, US job openings, a measure of labor demand, fell below 10 million for the first time since 2021, while factory orders declined further and the ISM Manufacturing PMI showed factory activity shrank for a fifth month. Money markets are now pricing a pause in interest rate hikes in May, with rate cuts expected soon after that. The most pronounced selling activity was against the British pound. The next big catalyst for the dollar should be the NFP report due Friday.2023-04-05T12:54:35.897"
US Imports Down After 2 Months of Increases,Imports,"US Imports Down After 2 Months of IncreasesUnited States ImportsImports to the United States fell by USD 5.0 billion from a month earlier to USD 321.7 billion in February 2023, the first decline in 2 months, reflecting a weakening domestic demand due to the cost-of-living squeeze. Imports of goods decreased by USD 5.8 billion thanks to lower purchases of consumer goods such as cell phones and other household goods, pharmaceutical preparations and cotton apparel and household goods, as well as purchases of vehicles. Meanwhile, imports of services were up USD 0.8 billion, boosted by transport.2023-04-05T12:47:00"
US Exports Drop 2.7% in February,Exports,"US Exports Drop 2.7% in FebruaryUnited States ExportsExports from the United States decreased by USD 6.9 billion from a month earlier to USD 251.2 billion in February 2023, not far from December's nine-month low of USD 249.0 billion, as a sticky global inflation and rising borrowing costs hit external demand. Exports of goods were down USD 8.5 billion mainly due to lower sales of industrial supplies, in particular natural gas and non-monetary gold, vehicles, and pharmaceutical preparations. In addition, sales of capital goods such as civilian aircraft were also down. Meanwhile, exports of services rose USD 1.7 billion, boosted by travel.2023-04-05T12:39:02.89"
US Mortgage Rates Fall to 2-Month Low: MBA,Mortgage Rate,"US Mortgage Rates Fall to 2-Month Low: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) in the United States decreased to 6.40 percent in the week ending March 31st, the lowest level since the week ending February 10th, data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey showed. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $726,200) increased to 6.36 percent from 6.27 percent. The divergence in rates suggested that banks may be tightening credit in response to recent challenges, preserving balance sheet capacity as deposit balances have declined.2023-04-05T11:25:43.577"
US Crude Oil Inventories Fall More than Estimates: API,API Crude Oil Stock Change,"US Crude Oil Inventories Fall More than Estimates: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US declined by 4.3 million barrels in the week that ended March 31st, 2023, compared to a 6 million barrel fall in the previous week, data from the API's Weekly Statistical Bulletin showed. It marked the second sharpest weekly fall since December 2022, while the market expected a 1.8 million drop. 2023-04-04T20:40:47.477"
10-Year Treasury Yield Falls Below 4.3%,Government Bond 10Y,"10-Year Treasury Yield Falls Below 4.3%United States Government Bond 10YThe yield on the 10-year US Treasury note fell below 4%, approaching the six-month low of 3.37% touched on March 24th as recently released data tamed bets of further tightening by the Federal Reserve. JOLTS data showed that the number of job openings in the US fell by 632K to 9.9 million in February, the lowest level since May of 2021, pointing that the labor market is cooling. Earlier, ISM Manufacturing PMI showed a bigger-than-expected contraction in US factory activity. Still, investors continued to weigh the risk of higher energy inflation after OPEC+ nations surprisingly cut oil production. Money markets show that investors are undecided on whether the Fed will hike rates in its next meeting, but show a broad consensus that the Fed will start cutting borrowing costs by the third quarter.2023-04-04T14:19:00"
US Economic Optimism Rises for 3rd Month,Economic Optimism Index,"US Economic Optimism Rises for 3rd MonthUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the US rose for a third consecutive month to 47.4 in April of 2023, the highest since December of 2021, from 46.9 in March. However, the index remained in pessimistic territory, below the 50 neutral level, for a 20th straight month. The six-month outlook for the US. economy was unchanged at a gloomy 41.6; the personal finances subindex rose three-tenths of a point to 55.3, the highest since August 2021, when a roaring bull market was still intact; and the gauge of support for federal economic policies rose 1.1 points to 45.3. 2023-04-04T14:14:55.05"
US Job Quits Rise in February,Job Quits,"US Job Quits Rise in FebruaryUnited States Job QuitsThe number of job quits in the United States rose by 146,000 from a month earlier to 4.02 million in February 2023. That was below record peaks of roughly 4.5 million quits touched in November 2021 but was still historically high, meaning the businesses might need to offer a higher salary to keep their workers. Quits increased in professional and business services (+115,000); accommodation and food services (+93,000); wholesale trade (+31,000); and educational services (+18,000), but were down in finance and insurance (-39,000). The so-called quits rate, which measures voluntary job leavers as a share of total employment, rose marginally to 2.6 percent from January's figure of 2.5 percent, but was still down from a record high of 3.0 percent seen at the end of 2021.2023-04-04T14:05:00"
Home Depot Hits 4-week High,stocks,Home Depot Hits 4-week HighUnited States stocksHome Depot increased to a 4-week high of 298.32023-04-04T13:31:04.42
Dollar Index Hits 8-week Low,currency,Dollar Index Hits 8-week LowUnited States currencyDXY decreased to a 8-week low of 101.912023-04-04T07:50:28.75
"US 10-Year Bond Yield Steady at 3.43%, ISM Manuf PMI Weighing",Government Bond 10Y,"US 10-Year Bond Yield Steady at 3.43%, ISM Manuf PMI WeighingUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for borrowing costs worldwide, was little changed at 3.43%, after the latest ISM Manufacturing PMI showed a bigger than expected contraction in US factory activity, easing concerns about the need of more rate hikes. The reading came in at 46.3 in March, the lowest since May of 2020, in a sign that tighter credit conditions are already hurting the economy. Early in the week, a surprise cut in oil production by OPEC+ raised fears about further inflationary pressure and the need of more rate hikes. Fed Bank of St. Louis President James Bullard told Bloomberg Television that OPEC+’s decision to cut output was unexpected and an increase in oil prices could make the Fed’s job of lowering inflation more challenging. Investors now look ahead to more economic releases this week such as jobs openings, ADP private payrolls and the highly-anticipated NFP.2023-04-04T07:06:00"
Dollar Holds Decline After Weak Data,Currency,"Dollar Holds Decline After Weak DataUnited States CurrencyThe dollar index traded near two-month lows of 102 on Tuesday, after losing half a percent in the previous session, weighed down by weaker-than-expected US manufacturing data which pointed to a further slowing economy. The data also countered bullish bets for more interest rate hikes following a surprise cut in oil production by OPEC+. St. Louis Fed Bank President James Bullard told Bloomberg Television that OPEC+’s decision to cut output was unexpected and an increase in oil prices could make the Fed’s job of lowering inflation more challenging. Investors now look ahead to other economic releases in the US this week, including ISM Services PMI, JOLTS, ADP employment, and the highly-anticipated NFP.2023-04-04T03:11:00"
US Futures Flat After Mixed Session,Stock Market,"US Futures Flat After Mixed SessionUnited States Stock MarketUS stock futures were little changed on Tuesday after the major averages ended mixed during Monday’s regular session, as investors weighed a surprise production cut from OPEC+ and its impact on inflation and Federal Reserve monetary policy. Futures contracts tied to the three major indexes drifted flat to slightly negative. In regular trading on Monday, the Dow and S&P 500 climbed 0.98% and 0.37%, respectively, helped by gains in energy stocks amid a jump in oil prices. Meanwhile, the Nasdaq Composite lost 0.27%, dragged down by technology shares. In corporate news, Tesla dropped 6.12% after missing first-quarter deliveries estimates. Investors now await key economic data for this week, including ISM Services PMI, JOLTS, ADP employment, and the highly-anticipated NFP.2023-04-04T00:01:00"
Visa Hits 6-week High,stocks,Visa Hits 6-week HighUnited States stocksVisa increased to a 6-week high of 227.422023-04-03T16:40:33.947
J&J Hits 5-week High,stocks,J&J Hits 5-week HighUnited States stocksJ&J increased to a 5-week high of 156.262023-04-03T15:30:43.597
Pfizer Hits 4-week High,stocks,Pfizer Hits 4-week HighUnited States stocksPfizer increased to a 4-week high of 41.152023-04-03T15:26:04.79
Dollar Cuts Gains as ISM Manufacturing PMI Misses Forecasts,Currency,"Dollar Cuts Gains as ISM Manufacturing PMI Misses ForecastsUnited States CurrencyThe dollar index fell to 102.1 on Monday, after touching 103 early in the session, as investors concerns about the need for more monetary tightening eased after a weaker-than-expected ISM manufacturing PMI reading. Early in the session, a surprise cut in oil production by OPEC+ raised fears about further inflationary pressure and the need of more rate hikes. Fed Bank of St. Louis President James Bullard told Bloomberg Television that OPEC+’s decision to cut output was unexpected and an increase in oil prices could make the Fed’s job of lowering inflation more challenging. Investors now look ahead to more economic releases this week such as jobs openings data on Tuesday, ADP private payrolls report on Wednesday and the monthly jobs report on Friday.2023-04-03T15:08:00"
Treasury Yields Cut Gains after ISM,Government Bond 10Y,"Treasury Yields Cut Gains after ISMUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for borrowing costs worldwide, reversed early gains to fall to 3.42% on Monday, as investors concern about the need for more monetary tightening eased after data showed US factory activity fell more than expected. Early in the session, the yield went up to as high as 3.545%, after a surprise cut in oil production by OPEC+ raised concerns about further inflationary pressure. The 10-year yield ended the first quarter of 2023 down roughly 30bps, as instability in the US financial sector drove investors to pile onto the safety of government debt. 2023-04-03T14:56:00"
Stocks in United States Hit 5-week High,Stock Market,Stocks in United States Hit 5-week HighUnited States Stock MarketUS30 increased to a 5-week high of 336242023-04-03T14:24:22.36
US Construction Spending Falls in February,Construction Spending,"US Construction Spending Falls in FebruaryUnited States Construction SpendingConstruction spending in the United States went down by 0.1% month-over-month to a seasonally adjusted annual rate of $1.844 trillion in February 2023, following a revised 0.4% rise in January and compared with market expectations of a flat reading. Public spending decreased by 0.1% while private investment was flat. Among sectors, total nonresidential construction spending increased by 0.4%, supported by spending in offices (0.3%), power infrastructure (1.3%), manufacturing (2.6%), and highway and street (0.2%). It was enough to offset the 0.6% decline in residential construction.2023-04-03T14:03:00"
US Manufacturing Decline Eases in March,Manufacturing PMI,"US Manufacturing Decline Eases in MarchUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI came in at 49.2 in March 2023, broadly in line with the earlier released 'flash' estimate of 49.3 and above February's 47.3. The latest reading pointed to the weakest pace of contraction in the US manufacturing sector in the current five-month sequence of decline, as output rose for the first time since last October, albeit at a slower rate, and employment increased modestly. Meanwhile, new orders continued to fall, with new export sales down for a tenth successive month, as higher interest rates and inflationary pressures hit demand. Manufacturers also engaged in cost-cutting initiatives as input buying and pre-production inventories fell. Weak demand for materials drove the quickest improvement in lead times on record. On the price front, average cost burdens and output charges rose the least since July 2020 and October 2020, respectively. Finally, business confidence slipped to a three-month low.2023-04-03T13:54:06.23"
Chevron Hits 6-week High,stocks,Chevron Hits 6-week HighUnited States stocksChevron increased to a 6-week high of 169.632023-04-03T13:31:41.587
Exxon Mobil Hits 4-week High,stocks,Exxon Mobil Hits 4-week HighUnited States stocksExxon Mobil increased to a 4-week high of 113.172023-04-03T13:30:08.387
US Bond Yields Edge Higher,Government Bond 10Y,"US Bond Yields Edge Higher United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for borrowing costs worldwide, edged higher to 3.5% on Monday, after a surprise cut in oil production by OPEC+ raised concerns of further inflationary pressures and the need of more monetary tightening. Money markets now see a 65% probability of a 25bps rate hike in the fed funds rate next month, compared to 55% earlier. Meanwhile, the yield on the 2-year note rose to 4.07%. The 10-year yield ended the first quarter of 2023 down roughly 30bps, as instability in the US financial sector drove investors to pile onto the safety of government debt. Hampered confidence in the sector and the banks’ vulnerability to higher borrowing costs forced the Fed to hold its terminal rate projections despite upward revisions to inflation and downward revisions to unemployment forecasts.2023-04-03T11:28:00"
Dollar Gains on Inflationary Concerns,Currency,"Dollar Gains on Inflationary ConcernsUnited States CurrencyThe dollar index climbed to around 103 on Monday, rising for the second straight session after OPEC+ surprised markets by announcing further production cuts, reigniting fears that the Federal Reserve may need to keep raising interest rates to keep inflation under control. Meanwhile, data released on Friday showed that US core PCE price growth, the Fed’s preferred gauge to measure inflation, slowed more than expected to 4.6% in February, the lowest in 15 months. US consumer spending also rose moderately in February after surfing in the previous month. Markets are now pricing an over 50% chance that the central bank will deliver a quarter-point rate hike in May, while expecting rate cuts by the end of the year. Investors now look ahead to a number of US economic releases this week such as jobs openings data on Tuesday, ADP private payrolls report on Wednesday and the monthly jobs report on Friday.2023-04-03T05:25:00"
Tesla earnings below expectations at 0.83 USD,Earnings,"Tesla earnings below expectations at 0.83 USDUnited States EarningsTesla (TSLA) released earnings per share at 0.83 USD, compared to market expectations of 0.86 USD.2023-04-03T02:30:28.227"
Tesla Hits 4-week High,stocks,Tesla Hits 4-week HighUnited States stocksTesla increased to a 4-week high of 200.692023-03-31T14:49:46.773
Stocks in United States Hit 5-week High,Stock Market,Stocks in United States Hit 5-week HighUnited States Stock MarketUS500 increased to a 5-week high of 40792023-03-31T14:44:44.957
Amazon Hits 7-week High,stocks,Amazon Hits 7-week HighUnited States stocksAmazon increased to a 7-week high of 103.052023-03-31T14:42:50.22
Chicago PMI Tops Forecasts,Chicago PMI,"Chicago PMI Tops ForecastsUnited States Chicago PMIThe Chicago Business Barometer, also known as the Chicago PMI, increased for the first time this year to 43.80 points in March of 2023 from 43.60 points in February, beating forecasts of 43.4. However, the reading still pointed to a seventh straight month of contraction in business activity.2023-03-31T14:29:13.95"
General Electric Hits 12-month High,stocks,General Electric Hits 12-month HighUnited States stocksGeneral Electric increased to a 12-month high of 94.952023-03-31T14:27:26.857
US Consumer Sentiment Revised Lower,Consumer Confidence,"US Consumer Sentiment Revised LowerUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised lower to 62 in March 2023, from a preliminary of 67.   
It was the first decline in sentiment in four months, as consumers increasingly expect a recession ahead.  All five index components declined this month, led by a notably sharp weakening in one-year business conditions. The gauge for expectations was revised down to 59.2 from 61.5 and the current conditions subindex was revised lower to 66.3 from 66.4. Meanwhile, inflation expectations for the year were revised lower to 3.6% from 3.8% in the preliminary estimate and the 5-year outlook was revised up to 2.9% from 2.8%. This month’s turmoil in the banking sector had a limited impact on consumer sentiment,  as the sector was exhibiting downward momentum prior to the collapse of Silicon Valley Bank, according to Surveys of Consumers Director Joanne Hsu.2023-03-31T14:03:00"
Microsoft Hits 32-week High,stocks,Microsoft Hits 32-week HighUnited States stocksMicrosoft increased to a 32-week high of 284.472023-03-31T13:52:24.967
Boeing Hits 4-week High,stocks,Boeing Hits 4-week HighUnited States stocksBoeing increased to a 4-week high of 214.342023-03-31T13:46:32.14
Apple Hits 28-week High,stocks,Apple Hits 28-week HighUnited States stocksApple increased to a 28-week high of 162.522023-03-31T13:30:43.247
Stocks in United States Hit 31-week High,Stock Market,Stocks in United States Hit 31-week HighUnited States Stock MarketUSNDX increased to a 31-week high of 129882023-03-31T13:30:41.35
US Treasury Yields Pull Back,Government Bond 10Y,"US Treasury Yields Pull BackUnited States Government Bond 10YThe yield on the 10-year US Treasury note, seen as a proxy for borrowing costs worldwide, eased to the 3.5% mark from the one-week high of 3.6% touched on March 28th as investors digested the latest economic data for hints on the extent that the Federal Reserve may still tighten policy. Core PCE prices, the Fed’s preferred gauge to measure inflation in the US economy, rose by 0.3% in February and beat expectations of a 0.4% increase, easing pressure on the central bank to increase borrowing costs. The yield on the 10-year Treasury note ended the first quarter of 2023 down roughly 30bps, as instability in the US financial sector drove investors to pile onto the safety of government debt. Hampered confidence in the sector and the banks’ vulnerability to higher borrowing costs forced the Fed to hold its terminal rate projections despite upward revisions to inflation and downward revisions to unemployment forecasts.2023-03-31T13:00:00"
"DXY Eases Some Gains, Heads for Monthly Drop",Currency,"DXY Eases Some Gains, Heads for Monthly DropUnited States CurrencyThe dollar index eased some gains on Friday, as investors pulled back bets on further monetary tightening after the core PCE price inflation, the Federal Reserve’s preferred gauge to measure inflation, slowed more than expected to 4.6% in February, the lowest in 15 months. Earlier, several Fed policymakers suggested more monetary tightening would be needed to tame inflation, even after the recent turmoil in the banking sector. Money market bets are now pricing in an over 50% chance that the US central bank will raise rates by 25 basis points in May and pause afterward. Meanwhile, the dollar index is on track for a third consecutive weekly decline and is down more than 2% in March as the ending of the Fed's rate-tightening cycle spooked investors. The DXY lost more than 1% in this year's first quarter.2023-03-31T12:51:00"
US PCE Inflation Lowest since September 2021,PCE Price Index Annual Change,"US PCE Inflation Lowest since September 2021United States PCE Price Index Annual ChangeThe personal consumption expenditure price index in the United States increased by 5% year-on-year in February of 2023, the lowest since September 2021 and easing from a downwardly revised 5.3% rise in the previous month. Prices for goods were up 3.6% (vs 4.7% in January) and prices for services increased 5.7% (vs 5.6%). Food cost rose 9.7% (vs 11.1%) and energy prices increased 5.1% (vs 9.6%). Compared to the previous month, the PCE Price Index rose by 0.3%.2023-03-31T12:39:46.09"
US Personal Income Slightly Beats Forecasts,Personal Income,"US Personal Income Slightly Beats ForecastsUnited States Personal IncomePersonal income in the United States rose by 0.3 percent from a month earlier in February 2023, easing from a 0.6 percent gain in January but slightly beating market expectations of 0.2 percent growth. The increase in income was led by rises in compensation, mainly from wages and salaries. Private wages and salaries for services-producing industries and government wages and salaries increased.2023-03-31T12:35:00"
Core PCE Price Inflation Unexpectedly Eases,Core PCE Price Index Annual Change,"Core PCE Price Inflation Unexpectedly EasesUnited States Core PCE Price Index Annual ChangeThe US core PCE price index, the Federal Reserve’s preferred gauge to measure inflation, rose by 4.6% annually in February of 2023, the least in 15 months, and slowing from the 4.7% in the previous month. The result compares to market expectations of 4.7%, raising hopes that price growth is easing and that the Federal Reserve could limit the extent of remaining rate hikes in its tightening campaign.2023-03-31T12:33:00"
US Core PCE Inflation Rises Less than Expected,Core PCE Price Index MoM,"US Core PCE Inflation Rises Less than ExpectedUnited States Core PCE Price Index MoMCore PCE prices in the US, which exclude food and energy, rose by 0.3 percent month-over-month in February of 2023, following a downwardly revised 0.5 percent increase in the previous month and below market estimates of 0.4 percent. The annual rate, the Federal Reserve's preferred gauge to measure inflation, rose by 4.6 percent, the least in 15 months, and also below market expectations of 4.7 percent, in the latest signal that inflation peaked while sparking speculation that the Fed's rate-tightening cycle could end soon. Meanwhile, the headline figure rose by 0.3% from the previous month in February, with the annual rate easing to 5.0% from 5.3%.2023-03-31T12:32:00"
"DXY Bounces Back, Heads for a Quarterly Loss",Currency,"DXY Bounces Back, Heads for a Quarterly Loss United States CurrencyThe dollar strengthened against a basket of major currencies on Friday, regaining ground above the 102 mark as investors reassessed the outlook for monetary policy. Several Fed policymakers suggested more monetary tightening would be needed to tame inflation, even after the recent turmoil in the banking sector. Money market bets are now pricing in an over 50% chance that the US central bank will raise rates by 25 basis points in May and pause afterward. Today, a report on the Fed's preferred measure of inflation will be published to provide further clues into the central bank's next move. The most pronounced buying activity was against the euro and the Australian dollar. Meanwhile, the dollar index is on track for a third consecutive weekly decline and is down more than 2% in March as the ending of the Fed's rate-tightening cycle spooked investors. The DXY lost more than 1% in this year's first quarter. 2023-03-31T11:53:00"
Dollar Heads for 2nd Quarterly Decline,Currency,"Dollar Heads for 2nd Quarterly DeclineUnited States CurrencyThe dollar index held its recent decline to around 102.2 on Friday and was on track to decline for the second straight quarter, weighed down by expectations that the Federal Reserve will end its tightening campaign soon amid easing inflationary pressures and efforts to avoid a wider banking crisis. The Fed delivered a widely expected 25 basis point rate hike at its March meeting and hinted at just one more rate increase. Meanwhile, money markets are currently pricing a 40% chance that the central bank will pause its rate hikes in May, with rate cuts expected by year’s end. All eyes now turn to a critical measure of US inflation and several speeches from Fed officials on Friday.2023-03-31T04:00:21.217"
US Futures Steady After Two-Day Rally,Stock Market,"US Futures Steady After Two-Day RallyUnited States Stock MarketUS stock futures held steady on Friday after the market rallied for two straight sessions, as investors are becoming more optimistic on the outlook for interest rates and the banking sector. Futures contracts tied to the three major indexes drifted flat to slightly positive. In regular trading on Thursday, the Dow rose 0.43%, the S&P 500 gained 0.57% and the Nasdaq Composite jumped 0.73%, with all three benchmarks set to finish the week higher. Ten out of the 11 S&P sectors ended in the green, with real estate, technology and consumer discretionary leading the advance, while financials was the sole decliner. Data showed that US applications for jobless benefits rose last week, though they remained at historically low levels. Investors now await a key US inflation measure on Friday, as well as remarks from several Federal Reserve officials.2023-03-30T23:51:00"
P&G Hits 10-week High,stocks,P&G Hits 10-week HighUnited States stocksP&G increased to a 10-week high of 147.422023-03-30T19:40:19.687
US Mortgage Rates Fall to 6-Week Low: Freddie Mac,30 Year Mortgage Rate,"US Mortgage Rates Fall to 6-Week Low: Freddie MacUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage decreased to 6.32% as of March 30, 2023, the lowest in six weeks and down from 6.42% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac. The 15-year fixed-rate mortgage averaged 5.56%, below 5.68% last week. “Economic uncertainty continues to bring mortgage rates down,” said Sam Khater, Freddie Mac’s Chief Economist. “Over the last several weeks, declining rates have brought borrowers back to the market but, as the spring homebuying season gets underway, low inventory remains a key challenge for prospective buyers.”2023-03-30T16:57:00.82"
Facebook | Meta Hits 46-week High,stocks,Facebook | Meta Hits 46-week HighUnited States stocksFacebook | Meta increased to a 46-week high of 207.892023-03-30T16:26:20.217
US Natural Gas Stocks Fall Less than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Fall Less than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities pulled 47 billion cubic feet (bcf) of gas from storage during the week ended March 24, below market expectations of a 54 bcf withdrawal. Still, it compares with an increase of 15 bcf in the same week last year and a five-year (2018-2022) average decline of 17 bcf as cold weather last week boosted heating demand for the fuel. Last week's decrease cut stockpiles to 1.853 trillion cubic feet (tcf), 442 bcf higher than last year at this time and 321 bcf above the five-year average of 1.532 tcf.2023-03-30T14:53:00"
Intel Hits 29-week High,stocks,Intel Hits 29-week HighUnited States stocksIntel increased to a 29-week high of 32.362023-03-30T14:28:01.107
Verizon Hits 4-week High,stocks,Verizon Hits 4-week HighUnited States stocksVerizon increased to a 4-week high of 38.652023-03-30T13:31:08.04
US Initial Jobless Claims Rise More than Expected,Initial Jobless Claims,"US Initial Jobless Claims Rise More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits rose by 7,000 from the previous week to 198,000 on the week ending March 25th, slightly above expectations of 196,000. While surpassing expectations, the result remained at a low level by historical standards and continued to point to a stubbornly tight labor market, in line with the hot payroll figures for February and the Federal Reserve's outlook of low unemployment. The tight job market forces employers to raise wages to attract and keep staff, magnifying inflationary pressure on the American economy and adding leeway for the central bank to continue tightening monetary policy. The four-week moving average, which removes week-to-week volatility, rose by 2,000 to 198,250. On a seasonally unadjusted basis, initial claims rose by 10,906 to 223,913, with significant increases in Michigan (+4,465) and Massachusetts (+2,693). 2023-03-30T12:35:00"
DXY Under Renewed Pressure,Currency,"DXY Under Renewed Pressure United States CurrencyThe dollar weakened against a basket of major currencies on Thursday, depreciating toward the 102 mark as investors reassessed the outlook for monetary policy. The financial turmoil, which started earlier in March with the collapse of two regional banks, has prompted investors to reprice expectations of future monetary tightening by the US central bank. Money markets are now pricing a pause in interest rate hikes in May, with rate cuts expected soon after that. All eyes now turn to a critical measure of US inflation and several speeches from Fed officials this week. The most pronounced selling activity was against the euro and the British pound.2023-03-30T10:56:47.767"
US Futures Steady After Sharp Market Rally,Stock Market,"US Futures Steady After Sharp Market RallyUnited States Stock MarketUS stock futures were little changed on Thursday after the major averages rallied sharply during Wednesday’s regular session, lifted by expectations that interest rates would soon peak and the banking crisis will continue to abate. Futures contracts tied to the three major indexes drifted flat to slightly negative. In regular trading on Wednesday, the Dow gained 1%, the S&P 500 jumped 1.42% and the Nasdaq Composite surged 1.79%, with all 11 S&P sectors finishing higher led by real estate, technology and consumer discretionary. Mega-cap technology names helped the rally, with strong gains from Tesla (2.5%), Nvidia (2.2%), Apple (2%), Microsoft (1.9%) and Amazon (3.1%), among others. Investors now await more US economic reports this week to guide the outlook, as well as remarks from several Federal Reserve officials.2023-03-29T23:53:00"
Wall Street Closes Higher,Stock Market,"Wall Street Closes HigherUnited States Stock MarketThe Dow rallied more than 300 points on Wednesday, while the S&P 500 and Nasdaq 100 added 1.5% and 1.9%, respectively, amid easing concerns about a banking crisis and a rally in Chinese tech stocks overnight. Michael Barr, the Federal Reserve's vice chairman for supervision, said that SVB's troubles were due to poor risk management, suggesting it could be an isolated case. At the same time, Chinese tech giant Alibaba's break-up plans fueled hope for a revival in the country's tech sector, which had been hit by Beijing's crackdown over the previous two years. Investors now await remarks from several Fed policymakers and economic releases this week, particularly the core PCI price index due on Friday, for clues on monetary policy. On the corporate side, Micron Technology jumped 7.5% after issuing a strong outlook for the quarter. Lululemon Athletica soared almost 15% after forecasting annual sales and profit above expectations.2023-03-29T20:01:01.773"
DXY Regains Some Traction,Currency,"DXY Regains Some Traction United States CurrencyThe dollar strengthened against a basket of major currencies on Thursday, bouncing back toward the 103 mark facing pressure earlier in the week as investors reassessed the outlook for monetary policy. The Federal Reserve delivered a widely expected 25 basis point rate hike last week and hinted it was close to pausing its rate-tightening cycle amid turbulence in the banking sector. Still, Fed Chair Jerome Powell said the officials didn't see rate cuts for 2023, while investors have priced in about a 50% probability that the US central bank will raise rates by another 25 bps at its next meeting. All eyes now turn to a critical measure of US inflation and several speeches from Fed officials this week. The most pronounced buying activity was against the yen, which was volatile as the end of the Japanese fiscal year looms.2023-03-29T15:19:00"
US Crude Stocks Fall Most in 4 Months: EIA,Crude Oil Stocks Change,"US Crude Stocks Fall Most in 4 Months: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 7.489 million barrels in the week ended March 24, 2023, the most since November last year and against market expectations of a 0.092 million barrel increase, the latest US Energy Information Administration report showed. Also, crude stocks at the Cushing, Oklahoma delivery hub dropped by 1.632 million barrels, following a 1.063 million decrease. Meanwhile, gasoline stocks declined by 2.904 million, above expectations of a 1.617 million draw. Distillate stockpiles, which include diesel and heating oil, went up by 0.281 million, compared with forecasts for a 1.455 million drop.2023-03-29T14:44:39.127"
Wall Street Enjoys Wave of Momentum,Stock Market,"Wall Street Enjoys Wave of Momentum United States Stock MarketThe Dow added 200 points on Wednesday afternoon, while the S&P 500 and Nasdaq 100 were up 1.2% and 1.6%, respectively, amid easing concerns about a banking crisis and a rally in Chinese tech stocks overnight. Michael Barr, the Federal Reserve's vice chairman for supervision, said that SVB's troubles were due to poor risk management, suggesting it could be an isolated case. At the same time, Chinese tech giant Alibaba's break-up plans fueled hope for a revival in the country's tech sector, which had been hurt by Beijing's crackdown over the previous two years. Investors now await remarks from several Fed policymakers and economic releases this week, particularly the core PCI price index due on Friday, for clues on monetary policy. Rate-sensitive companies, including Microsoft, Apple, Alphabet, Tesla, and Amazon.com, rallied between 1.5% and 2.5%. Meanwhile, Lululemon Athletica soared almost 15% after forecasting annual sales and profit above expectations.2023-03-29T13:36:00"
Paychex earnings above expectations at 1.29 USD,Earnings,"Paychex earnings above expectations at 1.29 USDUnited States EarningsPaychex (PAYX) released earnings per share at 1.29 USD, compared to market expectations of 1.25 USD.2023-03-29T13:00:53.467"
Cintas earnings above expectations at 3.14 USD,Earnings,"Cintas earnings above expectations at 3.14 USDUnited States EarningsCintas (CTAS) released earnings per share at 3.14 USD, compared to market expectations of 3.04 USD.2023-03-29T13:00:51.69"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketStock futures contracts tied to the Dow Jones rose 0.8% on Wednesday, while those linked to the S&P 500 and Nasdaq 100 were up roughly 1% each, amid easing concerns about a banking crisis while a rally in Chinese tech stocks lifted sentiment. Michael Barr, the Federal Reserve’s vice chairman for supervision, said that SVB’s problems were due to poor risk management, suggesting it could be an isolated case. Rate-sensitive companies, including Microsoft, Alphabet, and Tesla, enjoyed some respite in premarket trading, up between 1% and 2% as yields declined. Meanwhile, Lululemon Athletica soared almost 15% after forecasting annual sales and profit above expectations. In regular trading on Tuesday, the Dow fell 0.1%, the S&P 500 lost 0.2%, and the Nasdaq dropped 0.5%. 2023-03-29T12:03:00"
US Mortgage Rates Fall for 3rd Week: MBA,Mortgage Rate,"US Mortgage Rates Fall for 3rd Week: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) fell by 3bps to 6.45% in the week ended March 24th 2023, declining for a third consecutive week and to the lowest level since mid-February, data from the Mortgage Bankers Association showed. ""While the 30-year fixed rate remained 1.65 percentage points higher than a year ago, homebuyers responded, leading to a fourth straight increase in purchase applications"", MBA Vice President and Deputy Chief Economist Joel Kan said.2023-03-29T11:10:13.597"
Dollar Holds Decline as Banking Fears Ease,Currency,"Dollar Holds Decline as Banking Fears EaseUnited States CurrencyThe dollar index held its recent decline to around 102.5 on Wednesday after losing nearly 1% in the past two sessions, as fears over the recent financial turmoil continued to ease, prompting traders to reduce holdings in safer assets. Investors welcomed news that First Citizens BankShares agreed to buy all deposits and loans of failed Silicon Valley Bank. Federal Reserve vice chair for supervision Michael Barr also told lawmakers that SVB’s troubles were due to “terrible” risk management, suggesting it could be an isolated case. On the monetary policy front, the Fed delivered a widely expected 25 basis point rate hike last week and hinted at just one more rate increase. Still, Fed Chair Jerome Powell said the officials didn't see rate cuts for 2023 and were prepared to prolong their tightening cycle if needed. All eyes now turn to a key measure of US inflation and several speeches from Fed officials this week.2023-03-29T03:06:06.383"
US Futures Rise After Downbeat Session,Stock Market,"US Futures Rise After Downbeat SessionUnited States Stock MarketUS stock futures rose on Wednesday after the major averages finished lower during Tuesday’s regular session, as growth stocks came under renewed pressure from rising Treasury yields. Futures contracts tied to the three major indexes were all up at least 0.1%. In extended trading, Micron Technology shares fluctuated on disappointing quarterly results, while Lululemon jumped 13% after beating expectations on the top and bottom lines. In regular trading on Tuesday, the Dow fell 0.12%, the S&P 500 lost 0.16% and the Nasdaq Composite dropped 0.45%, with six out of 11 S&P sectors finishing lower led on the downside by communication services, healthcare and technology. Those moves came as Treasury yields rose for the second straight session on Tuesday, with the benchmark 10-year yield climbing toward 3.6%. Traders also continued to monitor developments surrounding the recent banking turmoil, with Fed’s Michael Barr set to make another appearance in Washington on Wednesday.2023-03-28T23:55:00"
US Crude Oil Inventories Unexpectedly Fall: API,API Crude Oil Stock Change,"US Crude Oil Inventories Unexpectedly Fall: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the US dropped by 6 million barrels in the week that ended March 24th, 2023, data from the API's Weekly Statistical Bulletin showed. The figure compares to a 3.3 million barrel rise in the previous week and market expectations of a 0.18 million gain.2023-03-28T20:36:26.027"
Texas Service Sector Outlook Deteriorates in March,Dallas Fed Services Index,"Texas Service Sector Outlook Deteriorates in MarchUnited States Dallas Fed Services IndexThe Dallas Fed general business activity index for Texas' service sector dropped 8.7 points to a three-month low of -18.0 in March 2023, suggesting perceptions of broader business conditions worsened further as uncertainty picked up. The company outlook index also fell 9.6 points to -11.3, while the outlook uncertainty index rose 9.9 points to 22.8, above its series average of 13.5. By contrast, the revenue index, a key measure of state service sector conditions, edged down just over one point to 5.5, suggesting a slight slowdown in activity growth, while labor market indicators pointed to mostly flat employment and a slight contraction in workweeks. On the price front, inflationary pressures eased, and wage pressures remained elevated. The input prices index ticked down 2.3 points to 38.3, and the selling prices index dropped 8.4 points to 11.4. The wages and benefits index was slightly up to 19.8, remaining above its average reading of 15.7.2023-03-28T14:45:46.757"
AT&T Hits 4-week High,stocks,AT&T Hits 4-week HighUnited States stocksAT&T increased to a 4-week high of 18.962023-03-28T14:11:55.177
US 5th District Service Index Lowest since June 2020,Richmond Fed Services Index,"US 5th District Service Index Lowest since June 2020United States Richmond Fed Services IndexThe Fifth District Service Sector Activity revenues index dropped to -17 in March 2023 from -3 in February, the lowest since June 2020. Also, the demand index  went down to -1 in March  from 6 in February. Revenue expectations improved mildly, while the index for demand expectations remained positive but decreased slightly. The indexes for both current and expected local business conditions remained negative. The employment index registered at 1 in March, continuing its steady decline this year. Firms continued reporting wage increases and difficulty finding workers. However, the availability of skills index has been improving. Over the next six months, firms expect to continue hiring and increasing wages, while also expecting some improvement in their ability to find workers with the necessary skills. Average growth in prices paid and prices received remained relatively unchanged in March, and firms broadly expected both to moderate over the coming year.2023-03-28T14:10:00"
Manufacturing Activity in 5th District Contracts Less,Richmond Fed Manufacturing Index,"Manufacturing Activity in 5th District Contracts LessUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the Richmond area rose to -5 in March 2023 from -16 in the previous month, pointing to a modest improvement in business conditions. Of its three component indexes, shipments saw the largest change (up to 2 in March from -15 in February) and both the employment (-5 vs -7) and new orders (-11 vs -24) indexes improved but remained in negative territory. Firms continued to report easing of supply chain constraints as the indexes for backlogs and lead times remained negative. The average growth rate of prices paid decreased moderately, while the average growth rate of prices received changed little in March. Firms remained pessimistic about local business conditions and the index for future local business conditions edged down slightly.
2023-03-28T14:05:20.05"
US Home Prices Rebound: FHFA,House Price Index MoM,"US Home Prices Rebound: FHFAUnited States House Price Index MoMThe average price of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US increased 0.2 percent from a month earlier in January 2023, up from a 0.1 percent decrease in each of the previous two months. For the nine census divisions, monthly house price changes ranged from -0.6 percent in the Pacific division to +2.0 percent in the New England division. Year-on-year, house prices advanced 5.3 percent, the least since May 2020. The 12-month changes were -1.5 percent in the Pacific division to +9.6 percent in the South Atlantic division. “U.S. house prices changed slightly in January, continuing the trend of the last few months,” said Dr. Nataliya Polkovnichenko, Supervisory Economist, in FHFA’s Division of Research and Statistics. “Many of the January closings, on which this month’s HPI is constructed, reflect rate locks after mortgage rates declined from their peak in early November. Inventories of available homes for sale remained low.”2023-03-28T13:04:00"
US Wholesale Inventories Rebound,Wholesale Inventories,"US Wholesale Inventories ReboundUnited States Wholesale InventoriesWholesale inventories in the US increased 0.2% month-over-month in February of 2023, rebounding from an upwardly revised 0.5% drop in January, preliminary estimates showed. Inventories were up 0.6% for durables, after a 0.2% drop while those for nondurables decreased 0.4%, following a 1.1% decline in January. Compared to a year earlier, wholesale inventories jumped 12.2%.2023-03-28T12:34:00"
US 10-Year Treasury Yield Consolidates Above 3.5%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Above 3.5%United States Government Bond 10YThe US 10-year Treasury note yield, seen as a proxy for global borrowing costs, consolidated above 3.5% as investors paused to reassess the outlook for monetary policy while weighing the risk of a recession after the recent turmoil in the banking sector. This week a report on the Fed's preferred measure of inflation will be published to provide further clues into the central bank's next move. So far, signs of persistent price growth and a tight labor market sparked speculation that the Fed's rate-tightening cycle was not over. Money market bets are now equally split between the 25 basis point rate hike and a pause during the regulator's policy meeting in May. Meanwhile, Minneapolis Federal Reserve President Neel Kashkari was among the first policymakers to warn that recent stress in the financial sector and the possibility of a follow-on credit crunch brings the world's largest economy closer to recession.2023-03-28T12:10:46.937"
Dollar Slips as Bank Concerns Fade,Currency,"Dollar Slips as Bank Concerns FadeUnited States CurrencyThe dollar index slipped toward 102.5 on Tuesday and fell for the second straight session as fears over the recent financial turmoil started to fade, hurting demand for the safe-haven currency. Investors welcomed news about First Citizens BankShares' agreement to buy significant holdings of Silicon Valley Bank. At the same time, CNBC reported that outflows from small institutions to lending giants have slowed. US authorities also aimed to shore up confidence by considering an expanded emergency lending facility and assuring markets that the US banking system was ""sound and resilient."" Last week, the Federal Reserve delivered a widely expected 25 basis point rate hike and hinted at a final rate increase. Still, Fed Chair Jerome Powell said the officials didn't see rate cuts for 2023 and were prepared to prolong their tightening cycle if needed. All eyes now turn to a key measure of US inflation and several speeches from Fed officials this week.2023-03-28T03:19:00"
Wall Street Starts Week Higher on Banks Relief,Stock Market,"Wall Street Starts Week Higher on Banks Relief  United States Stock MarketThe Dow ended more than 190 points higher on Monday, while the S&P 500 was up nearly 0.2%, as sentiment improved after policymakers took steps and offered additional support to the troubled banking sector. Regional banks gained with the First Republic Bank jumping 12.1%, following news that US authorities are considering expanding an emergency credit line for banks. Also, First Citizens announced a deal to take over Silicon Valley Bank's loans and deposits from the FDIC. Meanwhile, the Nasdaq 100 was down roughly 0.5% after an uptick in Treasury yields spooked investors away from tech and other high-growth stocks. Tomorrow, Fed Barr is expected to testify before the Senate lawmakers calling the failure of Silicon Valley Bank a ""textbook case of mismanagement"" while acknowledging there may have been shortcomings in the central bank’s oversight. 
2023-03-27T20:03:00"
McDonalds Hits 8-week High,stocks,McDonalds Hits 8-week HighUnited States stocksMcDonalds increased to a 8-week high of 273.462023-03-27T15:11:11.56
Wall Street Extends Gains,Stock Market,"Wall Street Extends Gains United States Stock MarketThe blue-chip Dow rallied more than 100 points in early deals on Monday, while the S&P 500 was up 0.2%, as news of additional support from US authorities offered some respite for the troubled banking sector. First Republic Bank jumped almost 15%, pushing regional peers deep into the green, following a Bloomberg's report that US authorities are considering expanding an emergency credit line for banks to give the lender more time to strengthen its balance sheet. The buyout of Silicon Valley Bank, with First Citizens BancShares saying that it would purchase the loans and deposits of the former, also helped ease worries about stability in the sector. Meanwhile, the Nasdaq 100 pared gains to cross into negative territory, with an uptick in Treasury yields enough to spook investors away from tech and other high-growth stocks. 2023-03-27T13:36:00"
UnitedHealth Hits 4-week High,stocks,UnitedHealth Hits 4-week HighUnited States stocksUnitedHealth increased to a 4-week high of 485.992023-03-27T13:35:10.16
Walmart Hits 4-week High,stocks,Walmart Hits 4-week HighUnited States stocksWalmart increased to a 4-week high of 143.082023-03-27T13:30:07.323
Wall Street Set to Open Higher,Stock Market,"Wall Street Set to Open HigherUnited States Stock MarketStock futures contracts tied to the Dow Jones rose 0.7% on Monday, while those linked to the S&P 500 and Nasdaq were up 0.8% and 0.5%, respectively, as news of additional support from US authorities offered some respite for the troubled banking sector. First Republic Bank soared more than 30% in premarket trading, pushing regional peers into the green, after Bloomberg reported that US authorities are considering expanding an emergency credit line for banks to give the lender more time to strengthen its balance sheet. The buyout of Silicon Valley Bank, with First Citizens BancShares saying that it would purchase the loans and deposits of SVB, also helped ease worries about stability in the sector. Last week, the Dow rose 1.2%, the S&P 500 gained 1.4%, and the tech-heavy Nasdaq Composite jumped 1.7%. 2023-03-27T11:35:00"
US 10-Year Treasury Yield Hovers Around 3.4%,Government Bond 10Y,"US 10-Year Treasury Yield Hovers Around 3.4%United States Government Bond 10YThe US 10-year Treasury note yield, seen as a proxy for global borrowing costs, bottomed around 3.4%, close to levels not seen since September 2022, as investors piled into safe-haven assets amid concerns about the global banking sector's health while weighing the risk of a recession. Minneapolis Federal Reserve President Neel Kashkari was among the first policymakers to warn that recent stress in the banking sector and the possibility of a follow-on credit crunch brings the world's largest economy closer to recession. Meanwhile, the Federal Reserve delivered dovish rhetoric along with the loosely-expected 25bps hike in interest rates, indicating that it was on the verge of pausing its tightening campaign to address recent risks to financial stability.2023-03-27T08:05:37.367"
Dollar Holds Recent Advance,Currency,"Dollar Holds Recent AdvanceUnited States CurrencyThe dollar index steadied around 103 on Monday, holding its recent advance as investors continued to assess the potential trajectory of the financial crisis and the outlook for Federal Reserve monetary policy. US authorities aimed to shore up market confidence by considering an expanded emergency lending facility and assuring the US banking system was “sound and resilient”. Nonetheless, traders remained wary. Last week, the Fed delivered a widely expected 25 basis point rate hike and hinted at only one more increase. Still, Fed Chair Jerome Powell said that officials didn’t see rate cuts for 2023 and were prepared to prolong their tightening cycle if needed. All eyes now turn to a key measure of US inflation and several speeches from Fed officials this week.2023-03-27T03:49:00"
US Factory Activity Shrinks the Least in 5 Months,Manufacturing PMI,"US Factory Activity Shrinks the Least in 5 MonthsUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI increased to 49.1 in March of 2023 from 47.3 in February, beating forecasts of 47, preliminary estimates showed. The reading pointed to the smallest contraction in the current five-month sequence of falling factory activity, amid a renewed rise in production and a softer fall in new orders. Also, inflationary pressures softened amid less marked supplier price hikes and moderations in some raw material costs. There was also an unprecedented improvement in supplier delivery times which in turn led to a slower fall in input buying and a softer depletion of pre-production inventories. Lead times were reduced to the greatest extent on record, allowing firms to start replenishing stocks and process backlogs of work, which fell solidly. Employment continued to rise at a modest pace and firms noted further difficulties finding skilled candidates. Finally, confidence was the lowest for three months amid inflationary concerns and uncertainty about demand.2023-03-24T13:55:00"
US Private Sector Activity Expands the Most in 10 Months,Composite PMI,"US Private Sector Activity Expands the Most in 10 MonthsUnited States Composite PMIThe S&P Global US Composite PMI jumped to 53.3 in March of 2023, expanding from 50.1 in the previous month and firmly above market estimates, according to preliminary data. It was the fastest pace of expansion in private-sector activity since May 2022, as growth for the services sector (53.8 vs 50.6 in February) offset a slower decline for manufacturers (49.3 vs 47.3). Output grew in both sectors, underpinned by the greatest improvement in delivery times on record. In the meantime, new orders increased for the first time since September 2022 as firms scored new clients and introduced new products. Higher demand for new business led backlogs of work to rise for the first time in six months, driving companies to turn up hiring activity. Meanwhile, input inflation softened to its second-slowest pace since October 2020, although price growth remained high by historical standards. Still, uncertainty in financial markets pressure business confidence to a three-month low.2023-03-24T13:49:00"
US Stocks Lower as Bank Concerns Weigh,Stock Market,"US Stocks Lower as Bank Concerns WeighUnited States Stock MarketUS stocks were lower on Friday, with the Dow Jones losing nearly 200 points, while both the S&P 500 and the Nasdaq fell 0.6% each, amid renewed concerns over the global banking system. Bank shares were under heavy pressure, with Bank of America (-1%), Wells Fargo (-1.8%), JPMorgan Chase (-1.1%) and Citigroup (-1.5%) all falling. U.S.-listed shares of Deutsche Bank sank almost 6% after the bank said it would redeem $1.5 billion in a set of tier 2 notes due in 2028 and as its credit default swaps surged to the highest since they were introduced in 2019. At the same time, Bloomberg reported that UBS and Credit Suisse are under scrutiny in a US Justice Department probe into whether financial professionals helped Russian oligarchs evade sanctions. Banking shares were lower even after Treasury Secretary Yellen said yesterday she was prepared for further steps to protect deposits if needed. So far on the week, the three major averages are up nearly 1%.
2023-03-24T13:37:00"
JPMorgan Hits 21-week Low,stocks,JPMorgan Hits 21-week LowUnited States stocksJPMorgan decreased to a 21-week low of 125.142023-03-24T13:30:08.267
DXY Tops 103,Currency,"DXY Tops 103United States CurrencyThe dollar index strenghtened past 103 on Friday, moving further away from a 7-week low of 102 hit in the preivous session, as investors took shelter in the US currency amid instability in the banking sector. The Deutsche Bank said it would redeem $1.5 billion in a set of tier 2 notes due in 2028 and as its credit default swaps surged to the highest since they were introduced in 2019. At the same time, Bloomberg reported that UBS and Credit Suisse are under scrutiny in a US Justice Department probe into whether financial professionals helped Russian oligarchs evade sanctions. On Thursday, Treasury Secretary Yellen said authorities are prepared for further steps to protect deposits if needed. Earlier this week, the Fed delivered a widely expected 25 basis point rate hike and hinted at only one more rate increase. Still, Fed Chair Jerome Powell said that officials don’t see rate cuts this year and are prepared to prolong their tightening cycle if needed.2023-03-24T12:09:00"
US Stock Futures Fall as Banking Concerns Mount,Stock Market,"US Stock Futures Fall as Banking Concerns MountUnited States Stock MarketUS futures were lower on Friday, with contracts on the Dow Jones futures losing nearly 300 points, the S&P 500 0.7% and the Nasdaq 100 0.4%, amid renewed concerns over the global banking system. Bank shares were under heavy pressure in premarket hours, with Bank of America, Wells Fargo, JPMorgan Chase and Citigroup all falling. U.S.-listed shares of Deutsche Bank sank almost 8% in premarket, after the bank said it would redeem $1.5 billion in a set of tier 2 notes due in 2028 and as its credit default swaps surged to the highest since they were introduced in 2019. At the same time, Bloomberg reported that UBS and Credit Suisse are under scrutiny in a US Justice Department probe into whether financial professionals helped Russian oligarchs evade sanctions. Banking shares were lower even after Treasury Secretary Yellen said yesterday she was prepared for further steps to protect deposits if needed. So far on the week, the three major averages are up nearly 1%.2023-03-24T11:49:00"
Dollar Steadies as Fed Outlook Mulled,Currency,"Dollar Steadies as Fed Outlook MulledUnited States CurrencyThe dollar index steadied around 102.6 on Friday, with investors still assessing the outlook for Federal Reserve monetary policy as the central bank aims to balance the fight against inflation with lingering concerns about the banking crisis. Earlier this week, the Fed delivered a widely expected 25 basis point rate hike and hinted at only one more rate increase. Still, Fed Chair Jerome Powell said that officials don’t see rate cuts this year and are prepared to prolong their tightening cycle if needed. Meanwhile, Treasury Secretary Janet Yellen reiterated on Thursday that the US government was prepared to take further action if needed to protect depositors. Investors now look ahead to US durable goods, manufacturing and services data on Friday, as well as St. Louis Fed President James Bullard’s speech. The dollar index is on track to lose more than 1% this week.2023-03-24T03:22:15.43"
Home Depot Hits 19-week Low,stocks,Home Depot Hits 19-week LowUnited States stocksHome Depot decreased to a 19-week low of 281.352023-03-23T18:44:26.32
US Mortgage Rates Fall for 2nd Week: Freddie Mac,30 Year Mortgage Rate,"US Mortgage Rates Fall for 2nd Week: Freddie MacUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage decreased to 6.42% as of March 23, 2023, down from 6.60% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac. It was the biggest one-week decline since mid-January. The 15-year fixed-rate mortgage averaged 5.68%, below 5.90% last week. “Mortgage rates continued to slide down as financial market concerns came to the fore over the last two weeks,” said Sam Khater, Freddie Mac’s Chief Economist. “However, on the homebuyer front, the news is more positive with improved purchase demand and stabilizing home prices. If mortgage rates continue to slide over the next few weeks, look for a continued rebound during the first weeks of the spring homebuying season.”2023-03-23T17:25:00"
Tenth District Manufacturing Activity Bounces Back in March,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Bounces Back in MarchUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production index increased to 3 in March of 2023 from -9 in the previous month. It was the highest reading since last July. Food manufacturing plants reported an increase in activity, while nondurable goods plants saw decreased activity in March, especially printing, plastics, and chemical manufacturing. Indexes for production, the volume of shipments and finished goods inventories increased slightly, while declined for new orders, supplier delivery time, and materials inventories. Monthly price indexes were mixed with an increase in materials prices but a slight decrease in finished goods prices.2023-03-23T15:13:00"
Dollar on Track for Biggest Losing Streak in 2-1/2 Years,Currency,"Dollar on Track for Biggest Losing Streak in 2-1/2 YearsUnited States CurrencyThe dollar index remained under pressure on Thursday, trading around 102.2, close to low levels not seen since early February, and on track to book a sixth straight session of declines, its longest losing streak in 2-1/2 years. Investors continued to digest the latest FOMC statement and comments from Fed Chair, with market participants split on whether the central bank would cut rates this year despite Jerome Powell pushing back against such moves in 2023. The central body raised the fed funds rate by the expected 25bps and signaled only one more hike this year. Elsewhere, major central banks in Europe, including the BoE, the SNB, and the Norges Bank, continued monetary tightening and showed readiness to lift rates further should inflationary pressures mount.2023-03-23T14:33:00"
J&J Hits 27-month Low,stocks,J&J Hits 27-month LowUnited States stocksJ&J decreased to a 27-month low of 150.672023-03-23T14:05:39.683
US Building Permits Revised Higher,Building Permits,"US Building Permits Revised HigherUnited States Building PermitsBuilding permits in the US were revised higher to a seasonally adjusted annual rate of 1.55 million in February of 2023, from an initial estimate of 1.524 million. It remains the highest reading in five months, with both single-family (8.9% to 786 thousand vs an initial rate of 777 thousand) and multi-segment authorizations (23.8% to 764 thousand vs 747 thousand) revised higher. Permits were up in all four regions: the South (13.3% to 863 thousand vs an initial 845 thousand), West (28.3% to 376 thousand vs 381 thousand), Midwest (10.1% to 196 thousand vs 195 thousand), and the Northeast (8.5% to 115 thousand vs 103 thousand).2023-03-23T12:46:00"
US Current Account Deficit Lowest in 6 Quarters,Current Account,"US Current Account Deficit Lowest in 6 QuartersUnited States Current AccountThe current account deficit in the US narrowed to $206.8 billion in the last quarter of 2022, the lowest since mid-2021, and below market forecasts of a $213.2 billion gap. It primarily reflected a reduced deficit on secondary income and an expanded surplus on services. Considering the full 2022, the current account deficit widened by $97.4 billion to $943.8 billion. It is the equivalent of 3.7% of current-dollar GDP, the highest since 2008, and up from 3.6% in 2021. The widening primarily reflected expanded deficits on goods and on secondary income that were partly offset by an expanded surplus on primary income.2023-03-23T12:34:00"
General Mills earnings above expectations at 0.97 USD,Earnings,"General Mills earnings above expectations at 0.97 USDUnited States EarningsGeneral Mills (GIS) released earnings per share at 0.97 USD, compared to market expectations of 0.92 USD.2023-03-23T11:30:42.81"
DXY Falls for 5th Session,Currency,"DXY Falls for 5th SessionUnited States CurrencyThe dollar index fell close to the seven-week lows of 102 on Thursday after the Federal Reserve delivered a widely expected 25 basis point rate hike, changing the aggressive tone and hinting at only one more rate increase. Still, Fed Chair Jerome Powell said the officials don’t see rate cuts this year and are prepared to prolong their tightening cycle if needed. Meanwhile, Treasury Secretary Yellen told lawmakers the US government was not considering a “blanket insurance” for bank deposits, reigniting concerns about the financial crisis. Investors now look ahead to Thursday's weekly jobless claims and new home sales data in the US. Elsewhere, the Bank of England is projected to tighten policy further on Thursday after a hotter-than-anticipated inflation print for the UK.2023-03-23T03:36:00"
US Futures Stabilize After Sharp Selloff,Stock Market,"US Futures Stabilize After Sharp SelloffUnited States Stock MarketUS stock futures stabilized on Thursday after the major averages sold off sharply during Wednesday’s regular session, as the Federal Reserve shot down hopes for interest rate cuts this year while Treasury Secretary Janet Yellen’s latest comments rattled bank shares. Futures contracts tied to the three major indexes drifted flat to slightly positive. In regular trading on Wednesday, the major averages initially rallied after the Fed delivered a widely expected 25 basis point rate hike. However, they reversed course late in the afternoon, with the Dow falling 1.63%, the S&P 500 dropping 1.65% and the Nasdaq Composite tumbling 1.6%. Those losses came as Fed Chair Jerome Powell said officials don’t see rate cuts this year and that they are prepared to raise rates higher than expected if needed. Yellen also told lawmakers that the US government was not considering a “blanket insurance” for bank deposits.2023-03-23T00:05:00"
Treasury Yields Decline Further on Dovish Fed,Government Bond 10Y,"Treasury Yields Decline Further on Dovish FedUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell past the 3.5% mark, approaching the six-month low of 3.3% touched on Monday as investors digested the dovish rhetoric from the Federal Reserve along with the loosely-expected 25bps hike in its funds rate. The Fed indicated that it was on the verge of pausing its tightening campaign to address recent risks to financial stability, as bank failures this month threatened the health of systemic banks. Concerns that high interest rates may increase the risk of a crisis drove the FOMC to keep year-end forecasts of the funds rate unchanged at 5.1% despite a sharp increase in inflation expectations and downward revisions to the unemployment rate forecast. In the meantime, the yield on the 2-year note fell 20bps to under 4%, narrowing the inversion on the yield curve. 
2023-03-22T19:31:00"
Coca-Cola Hits 5-week High,stocks,Coca-Cola Hits 5-week HighUnited States stocksCoca-Cola increased to a 5-week high of 60.872023-03-22T18:44:06.743
10-Year Treasury Yield Falls to Near 6-Month Low,Government Bond 10Y,"10-Year Treasury Yield Falls to Near 6-Month LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell to 3.5% mark, approaching the six-month intraday low of 3.3% touched on Monday as investors digested a dovish Fed and the loosely-expected 25ps hike in the federal funds rate. The decision took place as financial conditions stabilized momentarily after bank failures in the US significantly cut expectations on how high the Federal Reserve will raise rates this year, driving the central bank to indicate it was in the verge of pausing its tightening campaign. Still, a small majority of policymakers expect another 25bps rate hike this year, as US inflation remains well above the Fed’s target. 2023-03-22T18:05:00"
US Crude Stocks Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 1.1170 million barrels in the week ended March 17, 2023, against market expectations of a 1.565 million-barrel-draw, the latest US Energy Information Administration report showed. Also, crude stocks at the Cushing, Oklahoma delivery hub fell by 1.063 million barrels, less than market expectations for a 1.558 million decrease. On the other hand, gasoline stocks declined by 6.4 million, the most since September 2021 and above expectations of a 1.677 million draw. Distillate stockpiles, which include diesel and heating oil, tumbled by 3.313 million, the most since October 2022 and compared to forecasts for a smaller 1.5 million drop.2023-03-22T14:37:18.143"
Treasury Yields Edge Higher Ahead of Fed,Government Bond 10Y,"Treasury Yields Edge Higher Ahead of FedUnited States Government Bond 10YThe yield on the US 10-year Treasury rose above 3.62%, the highest in a week, and moved further away from a six-month low of 3.291% hit on Monday, as investors shifted their focus to the Fed. The central bank is expected to deliver a 25bps rate increase later in the day. However, some market participants believe the body could pause its rate hike cycle due to the recent turmoil in the banking sector. Traders will keep a close eye on future guidance, specifically a possibility of a higher terminal rate or more rate increases for this year. Meanwhile, concerns regarding the health of the banking sector have eased for now, with global authorities moving fast to restore market confidence. Treasury Secretary Janet Yellen said the government is ready to provide additional deposit guarantees if the financial crisis worsens.2023-03-22T11:50:48.85"
US Mortgage Rates Fall the Most in 4 Months: MBA,Mortgage Rate,"US Mortgage Rates Fall the Most in 4 Months: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) in the US fell by 23bps to 6.48% in the week ended March 17th 2023, declining for a second consecutive week, and by the most since mid-November. Borrowing costs are now at the lowest level in near a month, after the turmoil in the banking sector sent Treasury yields lower. However, mortgage rates are still much higher than 4.5% a year ago. At the same time, Treasury yields rebounded from March 20th as concerns over the health of the global financial system eased amid government interventions to shore up confidence. 2023-03-22T11:12:26.143"
"Dollar Falls for 5th Day, Fed Awaited",Currency,"Dollar Falls for 5th Day, Fed AwaitedUnited States CurrencyThe dollar index fell for a fifth consecutive session to 103 on Wednesday, its lowest level since early February, as investors braced for the FOMC monetary policy decision later in the day. The Fed is expected to deliver another 25bps increase in the fed funds rate. However, some investors see it pausing the hikes cycle to shore up financial stability after the collapse of three US regional banks and the takeover of Credit Suisse. At the same time, the odds rose for the BoE to continue its tightening campaign after a hotter-than-expected inflation print for the UK. In Europe, ECB President Lagarde reiterated that inflation is still high, and the central bank is committed to returning it to 2%. The dollar lost mostly against the GBP and the EUR.2023-03-22T10:41:45.923"
Nike earnings above expectations at 0.79 USD,Earnings,"Nike earnings above expectations at 0.79 USDUnited States EarningsNike (NKE) released earnings per share at 0.79 USD, compared to market expectations of 0.55 USD.2023-03-21T20:30:37.05"
US Stocks Extend Rebound on Tuesday,Stock Market,"US Stocks Extend Rebound on TuesdayUnited States Stock MarketUS stock indices closed sharply higher on Tuesday, extending yesterday’s rebound as worries regarding the instability of the financial sector momentarily waned. The Dow extended early gains and closed 290 points higher, while the S&P 500 and the Nasdaq added 1.2% and 1.3%, respectively. Banks soared after Treasury Secretary Yellen said that the US will continue to protect depositors past FDIC insurance thresholds should bank runs resurface. Also, reports indicated that major lenders furthered discussions about a rescue plan for the First Republic Bank, sending its shares 55% higher before easing back to a 35% increase at the close. Reassurance in the banking sector was also underscored by the VIX booking its sharpest 2-day decrease since May 2022, adding leeway for the Federal Reserve to tighten financial conditions. The central bank is widely expected to deliver a 25bps hike tomorrow. Elsewhere, energy shares surged on the back of crude oil’s rebound, with Exxon Mobil adding 4.6%.2023-03-21T20:03:00"
First Republic Leads Banks Higher in Wall Street,Stock Market,"First Republic Leads Banks Higher in Wall StreetUnited States Stock MarketThe Dow Jones was up 250 points on Tuesday, and both the S&P 500 and the Nasdaq gained 1.4% each as investors' worries over the health of the global banking system continue to abate ahead of the Federal Reserve's decision Wednesday. First Republic Bank was trading more than 30% higher after hitting a record low on Monday, on reports that JPMorgan Chase CEO Jamie Dimon is leading discussions with other bank chiefs about a rescue plan for the bank. The SPDR Regional Banking ETF gained nearly 5%, after Treasury Secretary Janet Yellen said that the government is ready to provide further guarantees of deposits if the banking crisis worsens. Meanwhile, a 25 bps rate hike is widely expected at the conclusion of the Federal Reserve's two-day meeting on Wednesday, a sharp reversal from a steep 50 bps increase estimated before the banking crisis. Elsewhere, Meta Platforms Inc rose after Morgan Stanley upgraded the stock to ""overweight"" from ""equal weight"". 2023-03-21T13:34:00"
Nike Hits 4-week High,stocks,Nike Hits 4-week HighUnited States stocksNike increased to a 4-week high of 123.782023-03-21T13:30:04.14
US Stock Futures Tick Up,Stock Market,"US Stock Futures Tick UpUnited States Stock MarketStock futures contracts tied to the Dow Jones rose 0.7% on Tuesday, while those linked to the S&P 500 and Nasdaq were up 0.6% and 0.5%, respectively, as investors' worries over the health of the global banking system continue to abate ahead of the Federal Reserve's decision Wednesday. First Republic Bank was 22% higher in premarket trading after hitting a record low on Monday. Also, major US banks such as JPMorgan Chase & Co, Citigroup and Bank of America rose between 0.7% and 1.4% before the bell. A 25 bps rate hike is widely expected at the conclusion of the Federal Reserve's two-day meeting on Wednesday, a sharp reversal from a steep 50bps rate hike expected before the banking crisis. Major averages staged a relief rally during Monday’s regular session, as the state-backed takeover of Credit Suisse by UBS and steps taken by central banks to boost liquidity, eased fears of a contagion to the broader banking sector.2023-03-21T10:54:11.547"
"US Treasury Yields Rise, FOMC Eyed",Government Bond 10Y,"US Treasury Yields Rise, FOMC EyedUnited States Government Bond 10YThe yield on the US 10-year Treasury approached 3.5%, moving further away from a six-month low of 3.291% hit on Monday after risk appetite rose a bit as investors started to hope that banking crises may be under control. The collapse of Credit Suisse appears to have been avoided, after the Swiss government engineered a forced takeover by UBS, although AT1 bonds worth $17 billion, are set to be wiped out. Meanwhile, the focus remains on the FOMC 2-day meeting that will kick off today, with the central bank set to raise the fed funds rate by 25bps.2023-03-21T08:33:19.293"
Dollar Holds Decline as Fed Decision Looms,Currency,"Dollar Holds Decline as Fed Decision LoomsUnited States CurrencyThe dollar index held below 103.5 on Wednesday, close to its lowest levels in five weeks, amid growing expectations that the Federal Reserve would adopt a more cautious policy approach on interest rates later in the day. The central bank is projected to deliver a more moderate 25 basis point rate hike, with some analysts betting on a pause. Such expectations came on the heels of a global banking crisis that prompted regulators and major lenders to help stabilize markets. In the span of 2 weeks, tech startup-focused Silicon Valley Bank and New York Signature Bank collapsed, First Republic Bank received a lifeline from large US banks, and Credit Suisse was taken over by UBS. Meanwhile, to ensure global dollar liquidity, the Fed offered daily currency swaps to BoC, BoE, BoJ, ECB, and SNB.2023-03-21T03:53:00"
US Futures Steady After Upbeat Session,Stock Market,"US Futures Steady After Upbeat SessionUnited States Stock MarketUS stock futures held steady on Tuesday after the major averages staged a relief rally during Monday’s regular session on bets that the global banking turmoil would be contained. Futures contracts tied to the three major indexes were all trading near breakeven. In regular trading on Monday, the Dow jumped 1.2%, the S&P 500 gained 0.89% and the Nasdaq Composite added 0.39%, with all 11 S&P sectors finishing higher led by energy, materials and industrials. Those moves came a day after the Swiss government engineered a forced takeover of Credit Suisse by UBS. The market also cheered news that JPMorgan Chase could be advising troubled First Republic Bank on strategic alternatives. Investors now look ahead to the Federal Reserve’s policy decision on Wednesday where it is widely expected to deliver a more moderate 25 basis point rate hike, with some bets for a pause.2023-03-21T00:19:00"
US Stocks Regain Ground,Stock Market,"US Stocks Regain GroundUnited States Stock MarketThe Dow Jones added almost 400 points, the S&P 500 gained nearly 1% and the Nasdaq also rose as bank's fears of contagion eased after UBS rescues Credit Suisse. On Sunday, the Swiss government forced a takeover of Credit Suisse by UBS but as a part of the deal about CHF16 billion of additional tier 1 bonds will be completely written down. The SPDR Regional Banking ETF (KRE) gained nearly 1.2% after tumbling 14% last week. Still, stocks of First Republic Bank slumped 47%, adding to a decline of more than 80% already this month, after S&P downgraded the bank deeper into junk status and said the recent $30 billion cash infusion may not be enough to solve its liquidity problems. Traders also await the highly-anticipated 2-day FOMC meeting to kick off tomorrow, with markets expecting a roughly 73% probability of a quarter-percentage point rate hike versus about a 27% chance of no change.2023-03-20T20:10:00"
US Stocks Extend Gains,Stock Market,"US Stocks Extend GainsUnited States Stock MarketThe Dow Jones was up more than 200 points and the S&P 500 gained nearly 0.5% on Monday as investors analyze the health of the global banking sector and government efforts to shore up confidence. On Sunday, the Swiss government forced a takeover of Credit Suisse by UBS but as a part of the deal about CHF16 billion of the so-called additional tier 1 bonds will be completely written down. Shares of major US banks were higher, namely Citigroup (1.5%), Goldman Sachs (2.6%), JPMorgan (1.6%), Wells Fargo (0.8%), and Bank of America (1.3%). On the other hand, stocks of First Republic Bank slumped 19%, adding to a decline of more than 80% already this month, after S&P downgraded the bank deeper into junk status and said the recent $30 billion cash infusion may not be enough to solve its liquidity problems. Traders also await the highly-anticipated 2-day FOMC meeting to kick off tomorrow.2023-03-20T15:54:00"
Cisco Systems Hits 4-week High,stocks,Cisco Systems Hits 4-week HighUnited States stocksCisco Systems increased to a 4-week high of 50.772023-03-20T15:09:02.917
Dow and S&P Open Higher,Stock Market,"Dow and S&P Open HigherUnited States Stock MarketThe Dow Jones opened nearly 200 points higher and the S&P 500 gained 0.2% while the Nasdaq was around the flatline on Monday as investors analyse the health of the global banking sector and government efforts to shore up confidence. On Sunday, the Swiss government forced a takeover of Credit Suisse by UBS but as a part of the deal about CHF16 billion of the so-called additional tier 1 bonds will be completely written down. Shares of major US banks were higher, namely Citigroup (1.4%), Goldman Sachs (1.2%), JPMorgan (1%), Wells Fargo (0.9%), and Bank of America (0.8%). On the other hand, stocks of First Republic Bank slumped 18%, adding to a decline of more than 80% already this month, after S&P downgraded the bank deeper into junk status and said the recent $30 billion cash infusion may not be enough to solve its liquidity problems. Traders also await the highly-anticipated 2-day FOMC meeting to kick off tomorrow.2023-03-20T13:36:00"
Dollar Wavers as Investors Assess Global Financial System,Currency,"Dollar Wavers as Investors Assess Global Financial SystemUnited States CurrencyThe dollar index swung between gains and losses to trade around 103.5 on Monday as investors assess the health of the global financial system amid efforts from authorities to stabilise the banking sector. The Swiss government engineered a forced takeover of Credit Suisse by UBS in response to client outflows and a dramatic selloff in the target company’s stock and bonds. Meanwhile, the Federal Reserve and five other central banks announced during the weekend coordinated action to improve liquidity in US dollar swap arrangements to maintain stability in the global financial system. At the same time, the 2-day FOMC meeting kicks off tomorrow, with investors increasingly betting the Fed will deliver a smaller 25bps increase in the fed funds rate.2023-03-20T12:05:30.06"
US Stock Futures Fluctuate,Stock Market,"US Stock Futures FluctuateUnited States Stock MarketUS stock futures were shifting between small gains and losses on Monday, as investors were analyzing the health of the global banking sector. On Sunday, the Swiss government forced a takeover of Credit Suisse by UBS but as a part of the deal about CHF16 billion of the so-called additional tier 1 bonds will be completely written down. Meanwhile, First Republic Bank slumped 16% in premarket trading, adding to a decline of more than 80% already this month, after S&P downgraded the bank deeper into junk status and said the recent $30 billion cash infusion may not be enough to solve its liquidity problems.2023-03-20T11:06:00"
Pinduoduo Inc earnings below expectations at 8.34 USD,Earnings,"Pinduoduo Inc earnings below expectations at 8.34 USDUnited States EarningsPinduoduo Inc (PDD) released earnings per share at 8.34 USD, compared to market expectations of 8.50 USD.2023-03-20T11:00:42.99"
US Stock Futures Point to Lower Open,Stock Market,"US Stock Futures Point to Lower Open United States Stock MarketUS stock futures cut early gains to trade lower on Monday, with contracts on the Dow Jones futures falling nearly 100 points, while the S&P 500 was down 0.4% and the Nasdaq 0.2%. Investors remain nervous and concerned over the health of the global financial system, even after a forced takeover of Credit Suisse by UBS and global central banks' action to boost dollar liquidity. On Sunday, the Swiss government forced takeover of Credit Suisse by UBS in response to client outflows and a dramatic selloff in the target company’s stock and bonds. Meanwhile, the Federal Reserve and five other central banks announced coordinated action to improve liquidity in US dollar swap arrangements to maintain stability in the global financial system. These developments came on the heels of a global banking crisis which started with the collapse of Silicon Valley Bank in the US that spurred a selloff in risk assets. Investors now look ahead to the Fed’s policy decision on Wednesday.2023-03-20T09:17:00"
Dollar Edges Higher as Risk-Off Mood Returns,Currency,"Dollar Edges Higher as Risk-Off Mood ReturnsUnited States CurrencyThe dollar index edged slightly higher to around 104 on Monday, as cautiousness and risk aversion returned to the market after an initial enthusiasm over the takeover of Credit Suisse by UBS and global central banks' action to boost dollar liquidity faded and concerns over the health of the global banking system reemerged, ahead of this week's Fed monetary policy decision. The Swiss government engineered a forced takeover of Credit Suisse by UBS in response to client outflows and a dramatic selloff in the target company’s stock and bonds. Meanwhile, the Federal Reserve and five other central banks announced during the weekend coordinated action to improve liquidity in US dollar swap arrangements to maintain stability in the global financial system. At the same time, investors look ahead to the Fed’s policy decision on Wednesday, with the central bank expected to deliver a more moderate 25 bps rate increase in light of easing inflationary pressures and the recent banking turmoil.2023-03-20T08:18:00"
Dollar Eases as Sentiment Improves,Currency,"Dollar Eases as Sentiment ImprovesUnited States CurrencyThe dollar index edged below 103.8 on Monday, sliding for the third straight session as the forced takeover of Credit Suisse by UBS and global central banks' action to boost dollar liquidity somewhat eased market concerns about a wider banking and financial crisis. The Swiss government engineered a forced takeover of Credit Suisse by UBS in response to client outflows and a dramatic selloff in the target company’s stock and bonds. Meanwhile, the Federal Reserve and five other central banks announced coordinated action to improve liquidity in US dollar swap arrangements to maintain stability in the global financial system. Investors now look ahead to the Fed’s policy decision on Wednesday, where it is expected to deliver a more moderate 25 basis point rate increase in light of easing inflationary pressures and the recent banking turmoil.2023-03-19T23:46:00"
US Futures Rise as UBS Buys Credit Suisse,Stock Market,"US Futures Rise as UBS Buys Credit SuisseUnited States Stock MarketUS stock futures rose early Monday as investors welcomed the forced takeover of Credit Suisse by UBS and global central banks' action to boost dollar liquidity. Futures contracts tied to the three major indexes were all up about 0.6%. On Sunday, the Swiss government engineered a forced takeover of Credit Suisse by UBS in response to client outflows and a dramatic selloff in the target company’s stock and bonds. Meanwhile, the Federal Reserve and five other central banks announced coordinated action to improve liquidity in US dollar swap arrangements to maintain stability in the global financial system. These developments came on the heels of a global banking crisis which started with the collapse of Silicon Valley Bank in the US that spurred a selloff in risk assets. Investors now look ahead to the Fed’s policy decision on Wednesday, where it is expected to deliver a more moderate 25 basis point rate increase in light of easing inflationary pressures and the recent banking turmoil.
2023-03-19T22:39:00"
Wall Street Rattles As First Republic Sinks,Stock Market,"Wall Street Rattles As First Republic Sinks United States Stock MarketThe Dow finished over 380 points lower on Friday, while the S&P 500 and Nasdaq 100 lost 1.1% and 0.7%, respectively, as concerns over the banking sector turmoil kept investors on edge. First Republic Bank came under renewed heavy selling pressure, down nearly 33%, as the rescue attempt from larger banks, including JPMorgan Chase and Citigroup, offered only brief relief as worries persist that the infusion may not be enough to shore up the regional bank. Also, US-listed Credit Suisse finished 7% down, even after the bank received a CHF50 billion lifeline from the Swiss National Bank. This week, the bank sector turmoil helped big techs to gain $500 billion sending Microsoft and Alphabet shares more than 12% higher. On the week, Dow Jones lost 0.4%, while the S&P 500 and Nasdaq gained 1.5% and 4.3%, respectively.
2023-03-17T20:04:00"
Wall Street Under Renewed Pressure,Stock Market,"Wall Street Under Renewed Pressure United States Stock MarketThe blue-chip Dow lost over 400 points on Friday afternoon, while the S&P 500 and Nasdaq 100 were down 1.3% and 0.9%, respectively, as concerns about the banking sector's health kept investors on edge. First Republic Bank came under renewed heavy selling pressure, down more than 20%, as the rescue attempt from larger banks, including JPMorgan Chase and Citigroup, offered only brief relief as worries persist that the infusion may not be enough to shore up the regional bank. On the other side of the Atlantic, Credit Suisse declined 10% despite its recent bailout from the Swiss National Bank. On the positive side of the ledger, FedEx jumped approximately 8% after severe cost cuts helped the freight bellwether lift its profit forecast. As of Thursday's close, the Dow Jones is up roughly 1.1% this week, while the S&P 500 and Nasdaq added 2.6% and 5.2%, respectively.2023-03-17T13:37:00"
Verizon Hits 7-week Low,stocks,Verizon Hits 7-week LowUnited States stocksVerizon decreased to a 7-week low of 36.382023-03-17T13:36:22.377
US Capacity Utilization Below Forecasts,Capacity Utilization,"US Capacity Utilization Below ForecastsUnited States Capacity UtilizationCapacity utilization in the United States was unchanged at two-year lows of 78% in February of 2023, the same as in January, and below market forecasts of 78.4%. It is also 1.6 percentage points below its long-run average. Capacity utilization for manufacturing slipped 0.1 percentage point to 77.6%, the operating rate for mining fell 0.6 percentage point to 87.3%, while the operating rate for utilities increased 0.2 percentage point to 68.9%.2023-03-17T13:28:13.343"
US Manufacturing Output Unexpectedly Rises,Manufacturing Production MoM,"US Manufacturing Output Unexpectedly RisesUnited States Manufacturing Production MoMManufacturing production in the United States increased 0.1 percent in February 2023, compared with expectations of a 0.1 percent decrease. The indexes for durable manufacturing and nondurable manufacturing moved up 0.1 percent and 0.2 percent, respectively, while the index for other manufacturing (publishing and logging) fell 1.5 percent. Within durables, computer and electronic products recorded the largest gain (1.2 percent), while nonmetallic mineral products recorded the largest loss (0.5 percent). Within nondurables, decreases of at least 1 percent were registered by textile and product mills and by plastics and rubber products; only chemicals recorded an increase of more than 1 percent. Capacity utilization for manufacturing slipped 0.1 percentage point in February to 77.6 percent, a rate that is 0.6 percentage point below its long-run average. 2023-03-17T13:24:14.673"
US Stock Futures Waver,Stock Market,"US Stock Futures Waver United States Stock MarketStock futures contracts tied to the blue-chip Dow and S&P 500 fell 0.6% and 0.4%, respectively, on Friday, as concerns about the banking sector's health kept investors on edge. First Republic Bank fell more than 10% in premarket trading as the rescue attempt from larger banks, including JPMorgan Chase and Citigroup, offered only brief relief about the risk of financial contagion to more significant institutions. Credit Suisse shares declined 10% in Europe despite its recent bailout from the Swiss National Bank. Meanwhile, contracts on the Nasdaq 100 were up roughly 0.4%, with soft Treasury yields pushing investors into tech and other growth stocks. In other corporate news, FedEx jumped approximately 12% after severe cost cuts helped the freight bellwether lift its profit forecast. As of Thursday's close, the blue-chip Dow is up roughly 1.1% this week, while the S&P 500 and Nasdaq added 2.6% and 5.2%, respectively.2023-03-17T12:02:01.707"
Dollar Eases as Haven Demand Ebbs,Currency,"Dollar Eases as Haven Demand EbbsUnited States CurrencyThe dollar index eased toward 104 on Friday, sliding for the second straight session as a rescue package for First Republic Bank eased market concerns about another bank failure in the US, lifting market sentiment while hurting demand for safe-haven currencies. Large US banks agreed to contribute $30 billion in deposits to First Republic Bank in a bid to shore up confidence in the banking system. Equities and risk-sensitive currencies rallied on the news, putting downward pressure on the dollar. The currency also weakened after the European Central Bank raised interest rates by 50 basis points despite the vulnerability of some European banks. Investors now look ahead to the Federal Reserve’s policy decision next week, where it is expected to deliver a more moderate 25 basis point rate increase in light of easing inflationary pressures and the recent banking turmoil.2023-03-17T03:31:00"
Wall Street Gains on Thursday,Stock Market,"Wall Street Gains on ThursdayUnited States Stock MarketThe Dow Jones closed higher by more than 350 points while the S&P 500 and the Nasdaq added 1.8% and 2.5%, respectively, after the news that big banks will support First Republic Bank brought some relief for the troubled banking sector. A group of major financial institutions including BoA, JPMorgan, and Citi has agreed to deposit $30 billion in the First Republic to stabilize it, sending its shares over 10% higher after opening 36% in the red. Meanwhile, data showed banks borrowed a record $164.8 billion from two Fed backstop facilities in the week ended March 15th. Earlier, Treasury Secretary Yellen told the Senate finance committee that the American financial system is in good shape despite the collapse of two midsize banks. On the data front, first-time filings for unemployment insurance declined while the housing starts and building permits showed the housing market is recovering.
2023-03-16T20:02:00"
Apple Hits 4-week High,stocks,Apple Hits 4-week HighUnited States stocksApple increased to a 4-week high of 156.312023-03-16T19:07:39.623
Wall Street Maintains Upswing,Stock Market,"Wall Street Maintains UpswingUnited States Stock MarketUS stock indices recovered from morning losses on Thursday, with the Dow Jones up by 250 points while the S&P 500 and the Nasdaq added 1.4% and 2.2%, respectively, as news that key lenders will support First Republic Bank offered some respite for the troubled banking sector. It was reported that major US banks agreed to deposit $30 billion in the regional lender, sending its shares over 10% higher after opening 36% in the red. Earlier, Treasury Secretary Yellen told the Senate finance committee that the American financial system is in good shape despite the collapse of two midsize banks. On the data front, first-time filings for unemployment insurance declined while the housing starts and building permits showed the housing market is recovering. 2023-03-16T18:06:00"
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketUSNDX increased to a 4-week high of 124682023-03-16T15:30:04
Wall Street Turns Positive in Volatile Session,Stock Market,"Wall Street Turns Positive in Volatile SessionUnited States Stock MarketWall Street recovered from a sour open on Thursday, with the Dow Jones erasing an over 200-point decline to cross into positive territory as regional banks' shares regained ground after comments from Treasury Secretary Janet Yellen. When she appeared before the Senate finance committee earlier today, the Treasury Secretary told lawmakers that the American financial system is in good shape despite the collapse of two midsize banks. The sentiment got an extra boost from a report claiming that large banks are in talks to support struggling regional lender First Republic Bank. Meantime, the S&P 500 and Nasdaq outperformed by adding 1.6% and 2.4%, respectively, with soft Treasury yields pushing investors into tech and other growth stocks. On the data front, the latest weekly report on initial jobless claims showed a decline in first-time filings for unemployment insurance.2023-03-16T15:14:00"
Microsoft Hits 4-week High,stocks,Microsoft Hits 4-week HighUnited States stocksMicrosoft increased to a 4-week high of 266.52023-03-16T14:59:38.437
US Natural Gas Stocks Fall Less than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Fall Less than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities pulled 58 bcf (billion cubic feet) of gas from storage during the week ended March 10, 2023, less than market expectations of a 62 bcf drop. That compares with a decrease of 866 bcf in the same week last year and a five-year (2018-2022) average decline of 77 bcf. Last week's decrease cut stockpiles to 1.972 trillion cubic feet (tcf), 521 bcf higher than last year at this time and 378 bcf above the five-year average of 1.594 tcf.2023-03-16T14:43:00"
Amazon Hits 4-week High,stocks,Amazon Hits 4-week HighUnited States stocksAmazon increased to a 4-week high of 982023-03-16T14:33:55.447
Visa Hits 10-week Low,stocks,Visa Hits 10-week LowUnited States stocksVisa decreased to a 10-week low of 212.492023-03-16T13:46:23.58
US Stocks Remain Under Pressure,Stock Market,"US Stocks Remain Under Pressure United States Stock MarketThe Dow lost 200 points Thursday morning, while the S&P 500 and Nasdaq 100 were down 0.6% and 0.3%, respectively, amid persistent concerns about the banking sector's health. First Republic Bank plummeted more than 30% after it was reported that the lender is exploring strategic options, including a sale. As a result, shares of other regional banks, including Western Alliance Bancorp and PacWest Bancorp, declined roughly 6% and 10%, respectively. The market movement came despite Credit Suisse announcing that it could borrow as much as 50 billion francs ($53.68 billion) from a Swiss National Bank liquidity facility. At the same time, the ECB remained stuck to its tightening path, delivering a widely expected 50 bps hike despite the turmoil in the banking sector.2023-03-16T13:32:00"
Intel Hits 4-week High,stocks,Intel Hits 4-week HighUnited States stocksIntel increased to a 4-week high of 28.52023-03-16T13:30:11.973
US Treasury Yields Retreat Further,Government Bond 10Y,"US Treasury Yields Retreat FurtherUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell to the 3.4% mark in mid-March, the lowest in six weeks, as persistent concerns regarding the stability of the global financial sector ramped up demand for the safety of US government debt. The potential sale of the First Republic Bank extended the risk of a crisis in the banking sector after the collapse of Signature Bank and SVB. To add, the Swiss National Bank’s liquidity support for Credit Suisse offered a little relief for systemic risks to European lenders. Meanwhile, US unemployment claims figures were well below expectations in mid-March, reigniting concerns of a stubbornly tight labor market. Building permits also rose more than expected, supporting signals of a hot economy.2023-03-16T13:09:00"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open Lower  United States Stock MarketStock futures contracts tied to the Dow Jones fell 0.7% on Thursday, while those linked to the S&P 500 and Nasdaq were down 0.6% and 0.2%, respectively, amid persistent concerns in financial markets about systemic risk. First Republic Bank plummeted more than 30% in premarket trading on news that the private lender is exploring strategic options, including a sale. Shares of other regional lenders, including Western Alliance Bancorp and PacWest Bancorp, declined 8% and 20%, respectively. The market movement came despite Credit Suisse announcing that it has arranged to borrow as much as 50 billion francs ($53.68 billion) from a Swiss National Bank liquidity facility. At the same time, the ECB remained stuck to its tightening path, delivering a widely expected 50 bps hike despite the turmoil in the banking sector. This move dashed hopes that the Fed will soon pause interest rate increases.2023-03-16T12:59:00"
US Export Prices Rise for 2nd Month,Export Prices MoM,"US Export Prices Rise for 2nd MonthUnited States Export Prices MoMUS export prices increased by 0.2% from a month earlier in February of 2023, compared to market expectations of a 0.1% fall and following a downwardly revised 0.5% increase in the prior month. It was the second consecutive monthly rise in export prices since June 2022. The ones for agricultural goods rebounded (1% vs -0.9% in January),  as higher prices for vegetables, soybeans, and corn more than offset declining meat prices. Meanwhile, the non-agricultural prices slowed down (0.1% vs 0.6%). Higher prices for capital goods and consumer goods more than offset 
lower prices for nonagricultural industrial supplies and materials, automotive vehicles, and nonagricultural foods. 
On a yearly basis, prices for US exports fell by 0.8% in February, the first decline since November 2020, after a downwardly revised 2.2% rise in the prior month.2023-03-16T12:36:00"
US Housing Starts Unexpectedly Surge to 5-Month High,Housing Starts,"US Housing Starts Unexpectedly Surge to 5-Month HighUnited States Housing StartsHousing starts in the US surged 9.8% from a month earlier to a seasonally adjusted annualized rate of 1.45 million in February of 2023, the highest in five months, and way above market forecasts of 1.31 million, in a sign that some confidence may have returned to the housing market, although mortgage rates and inflation remain elevated. Single-family housing starts were up 1.1% to 830 thousand and starts for units in buildings with five units or more surged 24.1% to 608 thousand, the highest since April last year. Starts soared in the Midwest (70.3% to 201 thousand), the West (16.8% to 347 thousand), and the South (2.2% to 796 thousand) but fell in the Northeast (-16.5% to 106 thousand). Compared to February 2022 however, housing starts were 18.4% lower. In January, housing starts were revised higher to 1.321 million from an early estimate of 1.309 million, but remaining the lowest since June of 2020.2023-03-16T12:33:00"
US Import Prices Fall for 8th Month,Import Prices MoM,"US Import Prices Fall for 8th MonthUnited States Import Prices MoMPrices for US imports dropped 0.1 percent from a month earlier in February 2023, following a revised 0.4 percent decrease in the previous month and compared with market expectations of a 0.2 percent decline. It was the eighth consecutive month of decline in import prices, led by a decrease in fuel costs (-4.9 percent, the same as in January). Within fuel, natural gas prices slumped 55.6 percent in February, following a 10.3 percent gain in January. By contrast, the price index for nonfuel imports rose 0.4 percent in February after advancing 0.2 percent in January, boosted by increases in the cost of consumer goods, foods, feeds, and beverages; capital goods; and automotive vehicles. Yearly, import prices declined 1.1 percent in February, the first 12-month decrease since December 2020.2023-03-16T12:32:00"
US Stock Futures Waver,Stock Market,"US Stock Futures Waver United States Stock MarketStock futures contracts tied to the blue-chip Dow and S&P 500 fell 0.6% and 0.4%, respectively, on Thursday, as uncertainty on the future interest rate path rises kept investors on edge. Still, contracts on the Nasdaq 100 were up roughly 0.2%, with soft Treasury yields pushing investors into tech and other growth stocks. Stubbornly high inflation and a still-tight labor market should keep central banks sticking to their tightening plans even after the recent turmoil in the banking sector. Meanwhile, fears of a broader threat to the global financial system eased somehow after Credit Suisse announced that it has arranged to borrow as much as 50 billion francs ($53.68 billion) from a Swiss National Bank liquidity facility. All eyes are now on the ECB interest rate decision later today, with policymakers expected to deliver a 50 bps hike. 2023-03-16T11:39:20.86"
Dollar General earnings below expectations at 2.96 USD,Earnings,"Dollar General earnings below expectations at 2.96 USDUnited States EarningsDollar General (DG) released earnings per share at 2.96 USD, compared to market expectations of 2.99 USD.2023-03-16T11:00:51.827"
Dollar Holds at 104.5 on Haven Demand,Currency,"Dollar Holds at 104.5 on Haven DemandUnited States CurrencyThe dollar index was near 104.5 on Thursday after jumping 1% in the previous session, underpinned by rising demand for safe-haven currencies following the collapse of Silicon Valley Bank and Signature Bank in the US, as well as fresh troubles at Switzerland-based Credit Suisse. Investors were fearful about the prospect of a global banking crisis and economic instability, though the turmoil fueled speculations that major central banks could take a less aggressive approach to policy tightening in order to prevent a severe recession. Latest data also showed that the annual inflation rate in the US slowed further to 6% in February, while producer price index and retail sales data were weaker than expected. These bolstered expectations that the Federal Reserve could soften its stance on inflation, with markets pricing in a smaller 25 basis point rate hike next week.2023-03-16T03:16:00"
US Futures Rise After Mixed Session,Stock Market,"US Futures Rise After Mixed SessionUnited States Stock MarketUS stock futures rose on Thursday after the major averages ended mixed during Wednesday’s regular session, as fresh turmoil at Credit Suisse exacerbated concerns about the financial sector, fueling speculations that the Federal Reserve could take a less aggressive approach next week. Nasdaq 100 and S&P 500 futures rose 0.3% and 0.1%, respectively, while Dow futures were flat. In regular trading on Wednesday, the Dow and S&P 500 fell 0.87% and 0.7%, respectively, while the Nasdaq Composite inched up 0.05%. The major averages sold off sharply in the morning following news that Credit Suisse’s largest investor, the Saudi National Bank, ruled out increasing its stake a day after the bank revealed it had found “material weaknesses” in its financial reporting processes for 2022 and 2021. The indexes pared those losses in the afternoon after regulators announced that the Swiss National Bank would provide additional liquidity to Credit Suisse if necessary.2023-03-16T00:07:00"
US Capital Inflows at 1-Year High,Capital Flows,"US Capital Inflows at 1-Year HighUnited States Capital FlowsThe United States recorded a capital and financial account surplus of $183.1 billion in January of 2023, widening from a $26.7 billion surplus in the prior month. It was the highest figure since January 2022, as net foreign private inflows were recorded at $171.240 billion, while net foreign official inflows were $11.9 billion. Foreign residents increased their holdings of long-term US securities in the period, with net purchases at $31.7 billion, including $85 billion in net purchases by foreign investors and $53.3 billion from foreign official institutions.
2023-03-15T20:18:54.29"
Dow and S&P 500 Fall Amid Credit Suisse Crisis,Stock Market,"Dow and S&P 500 Fall Amid Credit Suisse CrisisUnited States Stock MarketThe Dow closed 280 points lower on Wednesday, while the S&P 500 lost almost 0.7% and Nasdaq 100 ended marginally in the green, after turmoil at Credit Suisse injected more jitters into markets, renewing concerns over the banking sector’s health. Credit Suisse’s plunged as much as 31% and trading for several European banks was halted after the Saudi National Bank ruled out increasing its stake a day after the bank revealed it had found “material weaknesses” in its financial reporting processes for 2022 and 2021. Later, it was reported that Swiss authorities and Credit Suisse were discussing ways to stabilize the bank and after the closing bell, Swiss National Bank pledged to provide liquidity to SVX if necessary. In the US, First Republic Bank and PacWest Bancorp dropped 21.4% and 12.9%, respectively, leading the losses by regional banks. On the economic front, the Labor Department's PPI report showed that headline and core inflation slowed more than expected in February,.
2023-03-15T20:04:00"
Wall Street Pares Some Losses,Stock Market,"Wall Street Pares Some LossesUnited States Stock MarketUS stocks pared some losses in the afternoon after it was reported that Swiss authorities and Credit Suisse are discussing ways to stabilize the bank. Earlier in the day, Credit Suisse’s plunged as much as 31% and trading for several European banks was halted after the Saudi National Bank ruled out increasing its stake a day after the bank revealed it had found “material weaknesses” in its financial reporting processes for 2022 and 2021. On the economic front, the Labor Department's PPI report showed that headline and core inflation slowed more than expected in February, opening the door for a possible pause in the Federal Reserve tightening cycle. Swap prices show investors expect the US central bank to cut interest rates by as much as 100 basis points by year-end from an expected peak in May. The Dow Jones cut the decline to about 300 points, after falling more than 600 points at the open, while the S&P 500 was down 0.8% and the Nasdaq crossed into positive territory. 2023-03-15T18:51:00"
P&G Hits 5-week High,stocks,P&G Hits 5-week HighUnited States stocksP&G increased to a 5-week high of 141.582023-03-15T18:23:50.457
AT&T Hits 7-week Low,stocks,AT&T Hits 7-week LowUnited States stocksAT&T decreased to a 7-week low of 18.12023-03-15T17:31:09.187
Stocks in United States Hit 20-week Low,Stock Market,Stocks in United States Hit 20-week LowUnited States Stock MarketUS30 decreased to a 20-week low of 314832023-03-15T16:24:19.007
US Crude Stocks Rise More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 1.55 million barrels in the week ended March 10th, more than market expectations of a 1.188 million injection, the latest US Energy Information Administration report showed. On the other hand, crude stocks at the Cushing, Oklahoma delivery hub fell by 1.916 million barrels, the most since May 2022. Also, gasoline stocks declined by 2.061 million, the most since the end of 2022 and above expectations of a 1.82 million draw. Distillate stockpiles, which include diesel and heating oil, tumbled by 2.537 million, the most since October 2022 and compared to forecasts for a smaller 1.172 million drop.2023-03-15T14:37:00"
US Business Inventories Unexpectedly Fall,Business Inventories,"US Business Inventories Unexpectedly FallUnited States Business InventoriesManufacturers’ and trade inventories in the US shrank by 0.1% from a month earlier in January 2023, following a 0.3% rise in the prior month and against matching market expectations of no change. It was the first drop in business inventories since April 2021, as wholesalers' stocks fell (-0.4% vs 0.1% in December). Meanwhile, inventories remained unchanged for manufacturers and slowed down for retailers (0.2% vs 0.4%). Year-on-year, business inventories jumped by 11.1% in January.2023-03-15T14:07:00"
US Homebuilder Sentiment Rises for 3rd Month,Nahb Housing Market Index,"US Homebuilder Sentiment Rises for 3rd MonthUnited States Nahb Housing Market IndexThe NAHB/Wells Fargo Housing Market index in the US increased for a third month to 44 in March of 2023, a new high since September of 2022 and beating market forecasts of 40. The gauge for current sales conditions rose to 49 from an upwardly revised 47, and traffic of prospective buyers edged 3 points higher to 31, hitting a 6-month high. On the other hand, sales expectations in the next six months fell slightly to 47 from 48. “While financial system stress has recently reduced long-term interest rates, which will help housing demand in the coming weeks, the cost and availability of housing inventory remains a critical constraint for prospective home buyers,” Robert Dietz, NAHB chief economist, said.2023-03-15T14:05:00"
US Stocks Under Pressure,Stock Market,"US Stocks Under Pressure  United States Stock MarketThe Dow lost almost 500 points on Wednesday afternoon, while the S&P 500 and Nasdaq 100 were down 1.3% and 0.6%, respectively, as renewed fears about systemic risk in the banking sector hammered the appetite for riskier assets. An over 25% slump in shares of Credit Suisse after the top shareholder Saudi National Bank ruled out more aid sparked concerns that troubles that hit regional US banks have migrated across the Atlantic. Meanwhile, Citizens Financial Group and US Bancorp declined 2% and 5%, respectively, dragging down shares in larger lenders, including Well Fargo and Bank of America. On the economic front, the Labor Department's PPI report showed that headline and core inflation slowed more than expected in February, opening the door for a possible pause in the Federal Reserve tightening cycle. Swap prices show investors expect the US central bank to cut interest rates by as much as 100 basis points by year-end from an expected peak in May.	2023-03-15T13:38:00"
Goldman Sachs Hits 21-week Low,stocks,Goldman Sachs Hits 21-week LowUnited States stocksGoldman Sachs decreased to a 21-week low of 308.352023-03-15T13:34:33.727
New York State Business Activity Falls in March,NY Empire State Manufacturing Index,"New York State Business Activity Falls in MarchUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index sank to -24.6 in March of 2023, from -5.8 in February, and well below market forecasts of -8. New orders (-21.7 vs. -7.8 in February) and shipments (-13.4 vs. 0.1) declined, while both employment (-10.1 vs. -6.6) and hours worked (-18.5 vs. -12.1) fell for a second consecutive month. At the same time, delivery times shortened (-7.6 vs. -9.2), suggesting supply availability improved and inventories were steady. In addition, input price increases slowed considerably (41.9 vs 45.0), and selling price increases also moderated (22.9 vs. 28.4). Looking ahead, firms expect some deterioration in business conditions over the next six months (2.9 vs. 14.7).2023-03-15T13:23:47.313"
Wall Street Set to Open Sharply Lower,Stock Market,"Wall Street Set to Open Sharply Lower  United States Stock MarketStock futures contracts tied to the blue-chip Dow and S&P 500 fell almost 2% on Wednesday, while those linked to the Nasdaq 100 were down 1.5%, as renewed fears about systemic risk in the banking sector hammered the appetite for riskier assets. The shift in sentiment was triggered by an over 25% slump in shares of Credit Suisse after the top shareholder Saudi National Bank ruled out more aid leading to the halt in trading of several European banks. Meanwhile, Citizens Financial Group and US Bancorp declined nearly 4% in premarket trading, dragging down shares in larger lenders, including Well Fargo and Bank of America. On the economic front, the Labor Department's PPI report showed that headline and core inflation slowed more than expected in February, opening the door for a possible pause in the Federal Reserve tightening cycle.2023-03-15T12:54:00"
US 10-Year Treasury Yield Falls,Government Bond 10Y,"US 10-Year Treasury Yield FallsUnited States Government Bond 10YThe US 10-year Treasury note yield, seen as a proxy for global borrowing costs, bottomed around 3.4%, close to levels not seen since September 2022, as investors piled into safe-haven assets amid lingering concerns about the global banking sector's health. Credit Suisse lost almost a quarter of its value on Wednesday to hit a new record low after the top shareholder Saudi National Bank ruled out more aid leading. It came after the collapse of Silicon Valley Bank and Signature Bank earlier in the week, reigniting some jitters among investors about the resilience of the global banking system. Meanwhile, the Labor Department's PPI report showed that headline and core inflation slowed more than expected in February, opening the door for a possible pause in the Federal Reserve tightening cycle.2023-03-15T12:50:00"
Dollar Surges as Bank Turmoil Continues,Currency,"Dollar Surges as Bank Turmoil ContinuesUnited States CurrencyThe dollar index surged over 1% to around 105 on Wednesday, amid mounting risk aversion and flight to safety, after Credit Suisse woes renewed concerns over the health of the global banking sector. Credit Suisse's top shareholder, Saudi National Bank, ruled out any further liquidity injections, sending the shares down nearly 25% and halting the trading of several European banks. Investors are also reassessing the outlook for Federal Reserve monetary policy in light of the recent turmoil in the US banking sector and the latest US inflation report. The biggest buying activity was reported against the Euro (-1.6%), Swiss Franc (-1.6%), and the Pound (-1%) while the Japanese yen strengthened. 2023-03-15T12:08:00"
US Stock Futures Slide,Stock Market,"US Stock Futures SlideUnited States Stock MarketStock futures contracts tied to the blue-chip Dow and S&P 500 fell 1.7% on Wednesday, while those linked to the Nasdaq 100 were down 1.3%, as renewed fears about systemic risk in the banking sector rattled equity markets. The shift in sentiment was triggered by an over 20% slump in shares of Credit Suisse after the top shareholder Saudi National Bank, ruled out more aid leading to the halt in trading of several European banks. Meanwhile, Citizens Financial Group and US Bancorp declined more than 3% in premarket trading, dragging down shares in larger lenders. On the economic front, the Labor Department's CPI report showed that headline inflation slowed as much as estimated. Still, the closely-watched core inflation came fractionally higher than expected, supporting bets for further Federal Reserve rate hikes. 2023-03-15T11:46:00"
US Mortgage Rates Fall for 1st Time in 5 Weeks: MBA,Mortgage Rate,"US Mortgage Rates Fall for 1st Time in 5 Weeks: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) fell 8bps to 6.71% in the week ended March 10th 2023, data from the Mortgage Bankers Association (MBA) showed. It is the first decline in five weeks after the collapse of SVB prompted a bond rally. Still, mortgage rates hold close to November highs.2023-03-15T11:18:37.133"
US 10-Year Treasury Yield Consolidates Around 3.7%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Around 3.7%United States Government Bond 10YThe US 10-year Treasury note yield, seen as a proxy for global borrowing costs, consolidated around 3.6%, moving away from a one-month low of 3.4% earlier this week, with investors reassessing the economic outlook. The Labor Department's CPI report showed that headline inflation slowed as much as estimated. Still, the closely-watched core inflation came fractionally higher than expected, supporting bets for further Federal Reserve rate hikes. The latest CPI reading comes amid turmoil in the banking sector. Swap prices show that investors broadly expect the Federal Reserve to hike interest rates by 25bps next meeting, lower than previous bets of 50bps, as the closure of Silicon Valley Bank threatened the financial stability of the American economy, even though authorities guaranteeing all deposits are safe.2023-03-15T08:45:00"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under PressureUnited States CurrencyThe dollar index traded around 103.5 on Wednesday, hovering near its weakest levels in a month as investors reassessed the outlook for Federal Reserve monetary policy in light of the recent turmoil in the US banking sector and the latest US inflation report. The greenback came under heavy selling pressure this week as the collapse of Silicon Valley Bank and Signature Bank fueled speculations that the Fed could pause its tightening campaign to avoid further risks to the financial system. Fresh data also showed that the annual inflation rate in the US slowed further to 6% in February, the lowest since September 2021, in line with expectations. Money markets are now pricing an 80% chance of a 25 basis point rate hike from the Fed next week, lower than the half-percentage point increase expected a week ago.2023-03-15T03:51:45.34"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyDXY decreased to a 4-week low of 103.472023-03-15T02:08:31.47
US Crude Oil Inventories Beat Estimates: API,API Crude Oil Stock Change,"US Crude Oil Inventories Beat Estimates: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 1.555 million barrels in the week ended March 10th, 2023, well above market expectation of a 0.555 million barrels rise and following a 3.835 million barrels fall in the previous week, data from the American Petroleum Institute showed. 

2023-03-14T21:09:00"
Facebook | Meta Hits 4-week High,stocks,Facebook | Meta Hits 4-week HighUnited States stocksFacebook | Meta increased to a 4-week high of 190.472023-03-14T13:35:51.88
US Rent Inflation Highest since 1982,Rent Inflation,"US Rent Inflation Highest since 1982United States Rent InflationRent Inflation in the US rose to 8.1% from a year earlier in February 2023, up from 7.9% in the prior month. It was the highest reading since June of 1982.2023-03-14T12:48:10.9"
US Energy Inflation Hits 2-Year Low,Energy Inflation,"US Energy Inflation Hits 2-Year LowUnited States Energy InflationThe cost of energy in the US increased at a much slower 5.2% year-on-year in February 2023, down significantly from a 8.7% rise in the previous month. It was the lowest reading since February of 2021, supported by a decrease in prices of gasoline (-2% vs 1.5% in January) and a sharp slowdown for fuel oil (9.2% vs 27.7%) and natural gas (14.3% vs 26.7%). On the other hand, the electricity cost picked up (12.9% vs 11.9%).2023-03-14T12:43:00"
US Food Inflation at Near 1-Year Low,Food Inflation,"US Food Inflation at Near 1-Year LowUnited States Food InflationFood prices in the United States increased at a slower 9.5% from a year earlier in February 2023, decelerating from a 10.1% rise in January and a peak of 11.4% in last August. It was the lowest reading since April of 2022, as prices slowed down further for food at home (10.1% vs 11.3% in January), while accelerating for food away from home (8.4% vs 8.2%).2023-03-14T12:39:00"
DXY Rises after Inflation Data,Currency,"DXY Rises after Inflation DataUnited States CurrencyThe dollar index rose to as high as 103.95 on Tuesday, after losing almost 1% in the previous session, as investors try to gauge the next monetary policy steps following the collapse of Silicon Valley Bank and another slowdown in the inflation rate. Fresh data showed the US inflation rate fell to 6% in February, the lowest since September 2021 and in line with expectations. In an abrupt change from the previous week, money markets are now pricing a 31% chance that the Fed would keep rates on hold next week, with rate cuts expected as early as June and through the end of this year. 2023-03-14T12:39:00"
US CPI Rises 0.4% MoM in February,Inflation Rate MoM,"US CPI Rises 0.4% MoM in FebruaryUnited States Inflation Rate MoMThe CPI in the US increased 0.4% month-over-month in February of 2023, slowing from a 0.5% rise in January and matching market forecasts. The index for shelter was the largest contributor (0.8% vs 0.7% in January) but other upward pressure came from prices of food (0.4% vs 0.5%), recreation (0.9%), household furnishings and operations (0.8%), airline fares (6.4%). In contrast, energy prices decreased 0.6% as the natural gas (-8%, the biggest decrease since October of 2006) and fuel oil (-7.9%) both declined while gasoline prices were up 1%. Also, the index for used cars and trucks fell 2.8%, continuing a recent downward trend. Excluding food and energy, the core CPI was up 0.5%, the biggest increase since September and compared to forecasts of 0.4%.2023-03-14T12:36:00"
US Core CPI Rises More than Expected,Core Inflation Rate MoM,"US Core CPI Rises More than ExpectedUnited States Core Inflation Rate MoMUS core consumer prices, which exclude volatile items such as food and energy, rose by 0.5 percent from a month earlier in February 2023, following a 0.4 percent increase in January and above market expectations of 0.4 percent. Categories which increased in February include shelter, recreation, household furnishings and operations, and airline fares. The index for used cars and trucks and the index for medical care were among those that decreased over the month. Year-on-year, core consumer prices advanced 5.5 percent, in line with forecasts.2023-03-14T12:32:00"
Dollar Languishes on Rate Hike Pause Bets,Currency,"Dollar Languishes on Rate Hike Pause BetsUnited States CurrencyThe dollar index held below 104 on Tuesday after losing almost 1% in the previous session, weighed down by speculations that the Federal Reserve could pause its tightening campaign following the collapse of Silicon Valley Bank to avoid a broader financial and economic crisis. Investors also geared up for today's key US inflation data, one of the last major economic reports the central bank will consider before the policy meeting. In an abrupt change from the previous week, money markets are now pricing a 31% chance that the Fed would keep rates on hold next week, with rate cuts expected as early as June and through the end of this year. Still, stronger-than-anticipated US economic figures, which point to a tight labor market, and elevated inflationary pressures support the case for further monetary tightening.2023-03-14T02:56:00"
Global Bond Yields Extend Decline,Government Bond 10Y,"Global Bond Yields Extend DeclineUnited States Government Bond 10YGovernment bond yields extended decline, as investors pared bets of higher interest rates and looked for safety after the collapse of Silicon Valley Bank. The US 10-year Treasury yield fell to a five-week low of 3.5% and the 2-year yield lost nearly 50bps to 4.05%, marking the largest three-day slump since 1987. In Germany, 10-year yield fell nearly 30bps to 2.17% and the UK Gilt was down to 3.27%.2023-03-14T02:04:00"
Boeing Hits 9-week Low,stocks,Boeing Hits 9-week LowUnited States stocksBoeing decreased to a 9-week low of 197.382023-03-13T13:38:26.793
Merck & Co Hits 4-week Low,stocks,Merck & Co Hits 4-week LowUnited States stocksMerck & Co decreased to a 4-week low of 104.422023-03-13T13:30:23.24
US 10Y Bond Yield Hits 5-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 5-week LowUnited States Government Bond 10YUS 10 Year Government Bond Yield decreased to a 5-week low of 3.4998%2023-03-13T11:48:00
US Stock Futures Slide,Stock Market,"US Stock Futures Slide United States Stock MarketStock futures contracts tied to the blue-chip Dow declined more than 300 points on Monday, while those linked to the S&P 500 and Nasdaq 100 were down 0.9% and 0.2%, respectively, as investors continued to monitor the US banking sector following the collapse of Silicon Valley Bank and New York-based Signature Bank. During the weekend, the Federal Reserve, FDIC, and Treasury Department issued a joint statement saying all Silicon Valley Bank depositors will have access to their money starting Monday. On top of that, the Fed said it would establish a funding program to offer loans with maturities of up to a year. Still, the First Republic Bank plunged more than 70% in premarket trading despite securing $70 billion in additional financing through JPMorgan Chase. At the same time, the recent turmoil in the banking system raised bets that the Federal Reserve will continue with the current pace of its interest rate hikes, with Goldman Sach even hitting on a pause.2023-03-13T10:27:00"
Global Bond Yields Extend Declines,Government Bond 10Y,"Global Bond Yields Extend Declines United States Government Bond 10YGovernment bond yields around the world extended declines on Monday, as investors pared bets of higher interest rates and looked for safety after the collapse of Silicon Valley Bank. This came despite the US government announcing it would protect “all depositors” at SVB and establishing a new lending program. The benchmark US 10-year Treasury yield fell to a five-week low of 3.5% and the 2-year yield lost nearly 50bps to 4.05%, the largest three-day slump since 1987. In Europe, the German 10-year government yield fell nearly 30bps to 2.17%, the UK Gilt one was down to 3.27% and in the Asia-Pacific region, 10-year yields in Australia and Japan were down nearly 10bps to 3.51% and 0.3% respectively.2023-03-13T07:43:00"
Dollar Falls in Aftermath of SVB Collapse,Currency,"Dollar Falls in Aftermath of SVB CollapseUnited States CurrencyThe dollar index fell toward 104 on Monday, sliding for the third straight session as investors assessed the prospect of further systemic risk following the collapse of Silicon Valley Bank, though US regulators announced plans to backstop depositors and provide a new lending program to financial institutions. The failure of SVB also gave rise to speculations that the Federal Reserve could take a less aggressive approach to policy tightening to avoid further risks to the financial system. Meanwhile, a stronger-than-expected US jobs report released on Friday continued to support the case for further interest rate hikes, while investors await key US inflation data this week. Markets are now divided on whether the Fed would deliver a super-sized 50 basis point rate hike this month, or a more cautious quarter point increase.2023-03-13T01:52:00"
US Futures Rise as Regulators Step In,Stock Market,"US Futures Rise as Regulators Step InUnited States Stock MarketUS stock futures rose on Monday as US regulators provided support to the financial sector, announcing a plan to backstop all the depositors in failed Silicon Valley Bank and making a new lending program available for other banks. Futures contracts tied to the three major indexes were all up about 1%. In a joint statement from the Treasury Department, Federal Reserve and the FDIC, authorities announced that all SVB depositors will have access to their money starting on Monday. The Fed also announced that it is creating a new Bank Term Funding Program that will offer loans of up to one year to banks, savings associations, credit unions and other institutions aimed at safeguarding deposits. The major averages fell sharply on Friday in the wake of the SVB collapse, with the Dow, S&P 500 and Nasdaq Composite all losing more than 4% last week. Investors now look ahead to key US inflation data this week, as well as retail sales and producer price data.2023-03-12T23:45:00"
US Budget Deficit Widens to $262 Billion in February,Government Budget Value,"US Budget Deficit Widens to $262 Billion in FebruaryUnited States Government Budget ValueThe US government budget deficit stood at USD 262 billion in February of 2023 after a USD 217 billion shortfall in the corresponding period of the previous year, compared to market expectations of a USD 256 billion deficit.  It was the widest deficit since July 2021, mostly due to higher tax refunds issued. Outlays rose by 4% to USD 525 billion from a year earlier, while receipts shrank by 10% to USD 262 billion. The individual withheld tax receipts rose by 4%, compared to a year ago, but individual tax refunds, which reduce revenues, soared 153% to $52 billion.
2023-03-10T19:18:00"
Chevron Hits 21-week Low,stocks,Chevron Hits 21-week LowUnited States stocksChevron decreased to a 21-week low of 158.842023-03-10T18:52:17.23
Exxon Mobil Hits 6-week Low,stocks,Exxon Mobil Hits 6-week LowUnited States stocksExxon Mobil decreased to a 6-week low of 108.622023-03-10T18:15:21.297
Caterpillar Hits 11-week Low,stocks,Caterpillar Hits 11-week LowUnited States stocksCaterpillar decreased to a 11-week low of 232.872023-03-10T15:22:13.87
Nike Hits 6-week Low,stocks,Nike Hits 6-week LowUnited States stocksNike decreased to a 6-week low of 117.32023-03-10T14:51:19.84
Treasury Yields Hold Decline After NFP,Government Bond 10Y,"Treasury Yields Hold Decline After NFPUnited States Government Bond 10YThe yield on the 10-year US Treasury note fell below 3.7% on Friday, the lowest in a month, as investors digested a batch of labor market data for February. Non-farm payrolls totaled 311,000 in the period, well above market estimates of 205,000 and in line with other hot data this week that confirms the persistent tightness in the US labor market. Still, the unemployment rate edged 0.2 percentage points higher while labor income slowed down, suggesting the job market could be starting to feel the effects of aggressive rate hikes by the Federal Reserve. Bond yields held the slide from the last session after SVB Financial Group sold debt securities to meet depositor demand, raising worries that the Federal Reserve may be forced to ease its tightening path. Money markets are now favoring the likelihood of a softer 25bps interest rate increase for the Fed’s meeting this month.2023-03-10T13:56:00"
Dollar Edges Lower after Mixed Payrolls,Currency,"Dollar Edges Lower after Mixed PayrollsUnited States CurrencyThe dollar index weakened over 1% to around 104 on Friday as investors digested the labor market report. The US economy added 311K jobs in February, way more than expected, but the unemployment rate unexpectedly increased to 3.6% while wage growth slowed. Earlier in the week, the dollar hit more than a 3-month high of 105.5 after Fed Chair Powell told the US Congress that the ultimate level of interest rates could be higher than anticipated in light of strong economic data and that the central bank would be prepared to increase the pace of tightening if needed. After the NFP release, expectations eased about the need for higher interest rates. The market is now pricing a 50/50 chance of the Fed raising rates by either 25bps or 50bps this month, compared to a better-than-even chance of a 50bps increase earlier. Traders now await the US CPI report due next week.2023-03-10T13:46:00"
US Annual Wages Growth Below Forecasts,Average Hourly Earnings YoY,"US Annual Wages Growth Below ForecastsUnited States Average Hourly Earnings YoYAverage hourly earnings for all employees on US private nonfarm payrolls increased by 4.6% year-on-year in February 2023, up from 4.4% in the prior month but slightly below market forecasts of a 4.7% rise.2023-03-10T13:41:28.047"
US Jobless Rate Above Forecasts,Unemployment Rate,"US Jobless Rate Above ForecastsUnited States Unemployment RateThe unemployment rate in the US edged up to 3.6 percent in February 2023, up from a 50-year low of 3.4 percent seen in January and above market expectations of 3.4 percent. The number of unemployed people increased by 242 thousand to 5.94 million and employment levels rose by 177 thousand to 160.32 million. The so-called U-6 unemployment rate, which also includes people who want to work, but have given up searching and those working part-time because they cannot find full-time employment, rose to 6.8 percent in February from 6.6 percent in January. The labor force participation rate inched higher to 62.5 percent, the highest since March 2020.2023-03-10T13:33:00"
US Wages Grow Less Than Expected,Average Hourly Earnings,"US Wages Grow Less Than ExpectedUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls rose by 8 cents, or 0.2%, to $33.09 in February 2023, while markets had expected them to remain at 0.3%. This was the smallest growth in average hourly earnings in a year. Average hourly earnings of private-sector production and nonsupervisory employees rose by 13 cents, or 0.5%, to $28.42. Over the past 12 months, average hourly earnings have increased by 4.6%, up from 4.4% in the prior month but slightly below market forecasts of a 4.7% rise.2023-03-10T13:32:00"
US Stock Futures Fall,Stock Market,"US Stock Futures Fall United States Stock MarketStock futures contracts tied to the blue-chip Dow fell 0.7% on Friday, while those linked to the S&P 500 and Nasdaq 100 were down 0.6% and 0.3%, respectively, as investors remain cautious ahead of the crucial non-farm payrolls report. A tight labor market has been a headache for markets and policymakers, with Federal Reserve Chair Powell reaffirming his message of likely sharper interest rate hikes should economic data warrant. Hints of stress in the US banking system exacerbated this equity rout after US tech-industry lender SVB Financial Group launched a share sale to shore up its balance sheet amid losses from bond sales. Shares of the US bank are down more than 20% in premarket trading, following a 60% decline in the previous session. All three major indexes are on track to end the week down by at least 3%.2023-03-10T09:13:20.073"
Oracle earnings above expectations at 1.22 USD,Earnings,"Oracle earnings above expectations at 1.22 USDUnited States EarningsOracle (ORCL) released earnings per share at 1.22 USD, compared to market expectations of 1.21 USD.2023-03-09T22:17:26.937"
American Express Hits 4-week Low,stocks,American Express Hits 4-week LowUnited States stocksAmerican Express decreased to a 4-week low of 172.172023-03-09T20:23:53.263
US Natural Gas Storage Falls More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Storage Falls More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities pulled 84 bcf (billion cubic feet) of gas from storage during the week ended March 3, 2023, more than market expectations of an 80 bcf drop. Still, it is much less than a decrease of 126 bcf in the same week last year and a five-year (2018-2022) average decline of 101 bcf as mild weather kept heating demand for the fuel low. Last week's decrease cut stockpiles to 2.030 trillion cubic feet (tcf), 493 bcf higher than last year at this time and 359 bcf above the five-year average of 1.671 tcf.2023-03-09T15:33:00"
DXY Eases from 3-Month High,Currency,"DXY Eases from 3-Month HighUnited States CurrencyThe dollar index fell to 105.4 on Thursday, down from an over 3-month high hit in the previous session after weekly claims unexpectedly rose to their highest since December, easing concerns about a sharp rise in interest rates. Federal Reserve Chair Jerome Powell warned this week that the ultimate level of interest rates could be higher than anticipated in light of strong economic data, and the central bank would be prepared to increase the pace of tightening if needed. Investors are now focused on the February non-farm payrolls report due on Friday, which is expected to show the US economy created 205K, the least since December of 2020, after a 517K growth in January.2023-03-09T13:54:00"
US Stock Futures Fall,Stock Market,"US Stock Futures FallUnited States Stock MarketStock futures contracts tied to the Dow Jones fell 0.1% on Thursday, while those linked to the S&P 500 and Nasdaq were down 0.3% and 0.6%, respectively, with investors fretting that a still-hot economy will force a more aggressive tightening from the Federal Reserve. Ahead of the crucial non-farm payrolls report on Friday, the latest ADP and JOLTs Job figures report showed a still-tight US labor market, underpinning convictions that the Federal Reserve's job may be far from over. Echoing a similar view, Fed Chair Jerome Powell told Congress that the central bank would likely need to raise rates more than expected should economic data warrant. On the corporate side, Uber gained about 1% in premarket after Bloomberg reported that it is weighing a potential spinoff of its freight logistics unit. 2023-03-09T10:46:25.077"
Dollar Firms Up on Hawkish Fed Outlook,Currency,"Dollar Firms Up on Hawkish Fed OutlookUnited States CurrencyThe dollar index held above 105.5 on Thursday, hovering near its strongest levels in over three months, underpinned by hawkish remarks from Federal Reserve Chair Jerome Powell and hotter-than-expected US employment data. Powell warned this week that the ultimate level of interest rates could be higher than anticipated in light of strong economic data, and that the central bank would be prepared to increase the pace of rate hikes if needed. Data released on Wednesday also showed that US private employment rose more than expected in February, pointing to ongoing tightness in the labor market. Markets are currently expecting the Fed to raise interest rates by 50 basis points in March.2023-03-09T03:20:14.427"
US Futures Flat as Rates Outlook Mulled,Stock Market,"US Futures Flat as Rates Outlook MulledUnited States Stock MarketUS stock futures were little changed on Thursday as investors continued to assess the outlook for US interest rates in light of recent comments from Federal Reserve Chair Jerome Powell and another hot employment data. Futures contracts tied to the three major indexes were all trading near breakeven. In extended trading, Uber gained about 2% after Bloomberg reported that the firm is weighing a potential spinoff of its freight logistics unit, while Silvergate Capital plunged 40% after announcing that it will wind down operations and liquidate Silvergate Bank. In regular trading on Wednesday, the Dow fell 0.18%, while the S&P 500 and Nasdaq Composite rose 0.14% and 0.4%, respectively. Those moves came as Powell said the central bank would likely need to raise rates more than expected in response to hotter-than-expected employment and inflation data. The latest ADP and JOLTs Job figures report showed a still-tight US labor market, sporting the case for further monetary tightening.2023-03-08T23:48:00"
JPMorgan Hits 6-week Low,stocks,JPMorgan Hits 6-week LowUnited States stocksJPMorgan decreased to a 6-week low of 137.432023-03-08T17:12:50.023
US Crude Stocks Unexpectedly Fall: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Fall: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 1.694 million barrels in the week ended March 3rd, compared with market expectations of a 0.395 million barrel increase, the latest US Energy Information Administration report showed. Also, crude stocks at Cushing, Oklahoma, went down by 0.89 million barrels, following a 0.307 million build and gasoline stocks declined by 1.134 million, less than market expectations of a 1.863 million draw. On the other hand, distillate stockpiles, which include diesel and heating oil, increased by 0.138 million, versus forecasts for a 1.038 million drop.2023-03-08T15:51:00"
US 10-Year Treasury Note Holds Below 4%,Government Bond 10Y,"US 10-Year Treasury Note Holds Below 4%United States Government Bond 10YThe yield on the US 10-year Treasury note bottomed around 4%, remaining marginally below the three-month high of 4.1% touched on March 2nd as investors assessed the pace of future rate hikes by the Federal Reserve. The latest ADP and JOLTs Job figures report showed a still-tight US labor market, underpinning convictions that the Federal Reserve's monetary policy tightening may be far from over. On the policy side, Fed Chairman Powell stated that recent hot economic data might force the central bank to increase interest rates more aggressively and that the terminal rate may be higher than anticipated. Despite the pullback in 10-year Treasury yields, the remarks drove investors to price an almost 80% chance of a 50bps interest rate hike instead of back-to-back 25bps increases. As a result, the spread between the two and 10-year yields widened to as much as 104 basis points, the deepest inversion since 1981.2023-03-08T15:32:00"
US Job Quits Fall to 20-Month Low,Job Quits,"US Job Quits Fall to 20-Month LowUnited States Job QuitsThe number of job quits in the United States dropped by 207,000 from a month earlier to 3.88 million in January 2023, the lowest level since May 2021 and well below record peaks of 4.5 million quits touched in November 2021. Still, the number remained historically high, which could force businesses to pay more to keep their workers. Quits decreased in professional and business services (-221,000), educational services (-14,000), and federal government (-5,000). The so-called quits rate, which measures voluntary job leavers as a share of total employment, edged down to 2.5 percent from December's revised figure of 2.6 percent and was down from a record high of 3.0 percent seen at the end of 2021.2023-03-08T15:05:00"
UnitedHealth Hits 4-week Low,stocks,UnitedHealth Hits 4-week LowUnited States stocksUnitedHealth decreased to a 4-week low of 471.882023-03-08T15:00:27.107
Tesla Hits 4-week Low,stocks,Tesla Hits 4-week LowUnited States stocksTesla decreased to a 4-week low of 183.82023-03-08T14:33:31.903
US Futures Little Changed,Stock Market,"US Futures Little ChangedUnited States Stock MarketUS stock futures were around the flatline on Wednesday as investors digested fresh economic data and bets that interest rates will continue to march higher. The ADP report showed private businesses added 242K jobs in February, more than expected, adding further evidence the labor market remains tight. JOLTS figures are also due today and the highly-anticipated NFP report is due Friday. Meanwhile, Powell has told lawmakers yesterday that the central bank would likely need to raise rates more than expected in response to recent hotter-than-expected employment and inflation data. On the corporate side, Tesla fell almost 1.0% in premarket trading after Berenberg downgraded the stock to ""hold."" In regular trading on Tuesday, the Dow tumbled 1.7%, the S&P 500 declined 1.5%, and the Nasdaq dropped 1.3%.2023-03-08T13:47:00"
US Imports Rise for 2nd Straight Month,Imports,"US Imports Rise for 2nd Straight MonthUnited States ImportsImports to the United States increased for a second consecutive month to a three-month high of USD 325.8 billion in January 2023, suggesting there was a recovery in domestic demand as inflation eased from a recent high. Imports of goods were up USD 9.5 billion, boosted by purchases of consumer goods on the back of cell phones and other household goods, pharmaceutical preparations and toys, games, and sporting goods. Imports were also up for both vehicles and capital goods such as electric apparatus and telecommunications equipment. Imports of services edged up USD 0.1 billion, boosted by travel.2023-03-08T13:41:36.337"
US Exports Rise to 4-Month High,Exports,"US Exports Rise to 4-Month HighUnited States ExportsExports from the United States increased by USD 8.5 billion to a four-month high of USD 257.5 billion in January 2023, pointing to a slight recovery in external demand as inflation across the globe eased from recent peaks. Exports of goods surged USD 10.1 billion, boosted by sales of consumer goods such as pharmaceutical preparations, capital goods led by civilian aircraft and telecommunications equipment, and vehicles. Meanwhile, exports of services were down USD 1.6 billion thanks to a decline in travel and transport.2023-03-08T13:36:34.667"
US Mortgage Rates Continue to March Higher: MBA,Mortgage Rate,"US Mortgage Rates Continue to March Higher: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased by 8bps to 6.79% in the week ended March 3rd 2023, data from the Mortgage Bankers Association (MBA) showed. Borrowing costs rose for a fourth consecutive week, by a total of 61bps to fresh highs not seen since November, prompted by expectations the Fed would need to keep monetary policy restrictive for a longer period. 2023-03-08T12:14:26.16"
US Stock Futures Waver Ahead of Key Data,Stock Market,"US Stock Futures Waver Ahead of Key Data United States Stock MarketStock futures contracts tied to the blue-chip Dow and the S&P 500 were virtually flat on Wednesday, while those linked to the Nasdaq 100 were up 0.3%, as investors digested hawkish remarks from Federal Reserve Chair Jerome Powell while awaiting critical economic data. Powell has told lawmakers that the central bank would likely need to raise rates more than expected in response to recent hotter-than-expected employment and inflation data. Investors now await JOLTS job openings data for a clearer picture of the labor market and further insight into the direction of the Federal Reserve's rate path. On the corporate side, Tesla fell almost 1.0% in premarket trading after Berenberg downgraded the stock to ""hold."" In regular trading on Tuesday, the Dow tumbled 1.7%, the S&P 500 declined 1.5%, and the Nasdaq dropped 1.3%. 2023-03-08T11:58:25.51"
US 2-Year Note Yield Hits 14-Year High,2 Year Note Yield,"US 2-Year Note Yield Hits 14-Year HighUnited States 2 Year Note YieldThe two-year Treasury note’s yield increased to 5%, the highest since July 2007, and compared to a 2023 low of 4.03% hit in early February as traders anticipate a higher Fed terminal rate. In a hearing before the Senate, Chairman Powell stated that recent hot economic data might force the central bank to increase interest rates more aggressively and that the terminal rate may be higher than anticipated. As a result, investors pricing in peak rates of 5.6% from less than 5% at the end of last year. 2023-03-08T09:48:00"
US Crude Oil Inventories Fall More than Estimates: API,API Crude Oil Stock Change,"US Crude Oil Inventories Fall More than Estimates: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 3.835 million barrels in the week ended March 3rd, 2023, following a 6.203 million barrels gain in the previous week, data from the American Petroleum Institute showed. It was the first decline in crude oil inventories since the week ended February 3rd, 2023, and the biggest drop in crude oil inventories since the week ended December 2nd, 2022, while the market expected a 0.308 million barrels fall.

2023-03-07T21:38:00"
US Consumer Credit Rises Less than Expected,Consumer Credit,"US Consumer Credit Rises Less than ExpectedUnited States Consumer CreditTotal consumer credit in the US rose $14.8 billion in January of 2023, after a downwardly revised $10.69 billion increase in the previous month and missing market expectations of a $20 billion rise. On a seasonally adjusted annual basis, consumer credit went up by 3.7 percent in January after an upwardly revised 2.9 percent gain in the prior month. Revolving credit, like credit cards, was up 11.1 percent, compared to a downwardly revised 6.9 percent rise in the prior month. Nonrevolving credit, typically auto and student loans, increased by 1.2 percent, following a downwardly revised 1.3 percent gain in the prior month.


2023-03-07T20:15:00"
Walmart Hits 4-week Low,stocks,Walmart Hits 4-week LowUnited States stocksWalmart decreased to a 4-week low of 139.372023-03-07T18:00:59.757
US 10-Year Treasury Note Eases from 4%,Government Bond 10Y,"US 10-Year Treasury Note Eases from 4%United States Government Bond 10YThe yield on the US 10-year Treasury note consolidated around 3.95%, remaining marginally below the three-month high of 4.07% touched on March 2nd as investors assessed the pace of future rate hikes by the Federal Reserve. In a hearing before the Senate, Chairman Powell stated that recent hot economic data might force the central bank to increase interest rates more aggressively and that the terminal rate may be higher than anticipated. Despite the pullback in 10-year Treasury yields, the remarks drove investors to price a 60% chance of a 50bps interest rate hike instead of back-to-back 25bps increases. Meanwhile, the 2-year yield increased to 5% for the first time since July 2007, jumping from the 2023 low of 4.03% hit earlier in February. As a result, the spread between the 2 and 10-year yields widened to as much as 104 basis points, the deepest inversion since 1981. 2023-03-07T17:42:00"
Dollar Index Hits 8-week High,currency,Dollar Index Hits 8-week HighUnited States currencyDXY increased to a 8-week high of 105.362023-03-07T15:56:07.04
Treasury Yields Surge Amid Hawkish Fed Remarks,Government Bond 10Y,"Treasury Yields Surge Amid Hawkish Fed RemarksUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose to the 4% level, approaching the three-month high of 4.07% touched on March 2nd after Federal Reserve Chairman Powell signaled that the central bank is likely to raise interest rates higher than previously expected. The Chairman reasoned that recent figures for economic activity and consumer price growth have been hotter than the Fed expected, warranting more restrictive interest rates to curb unsustainable inflation. The central bank will continue to rely on the latest data to gauge the extent of tightening, underscoring the importance of the labor market data to be released Friday. Powell’s remarks drove money markets to bet on a 50bps interest rate hike this month, compared to prior expectations of a softer 25bps.2023-03-07T15:30:36.673"
US Wholesale Inventories Shrink in January,Wholesale Inventories,"US Wholesale Inventories Shrink in JanuaryUnited States Wholesale InventoriesWholesale inventories in the United States fell by 0.4% from a month earlier to $929 billion in January 2023, in line with preliminary estimates and after a 0.1% increase in the prior month. It was the first decline in inventories since July 2020, reinforcing the idea that businesses are scaling down their restocking efforts amid weaker demand. Stocks fell for both non-durable goods (-0.9%, the same as in December), mostly apparel (-5.5%) and farm products (-3.5%) and durable ones (-0.1% vs 0.7%), notably furniture (-2.7%). On an annual basis, wholesale inventories grew by 15.8% in January, slightly below an earlier reading of 15.9%.2023-03-07T15:07:00"
Merck & Co Hits 7-week High,stocks,Merck & Co Hits 7-week HighUnited States stocksMerck & Co increased to a 7-week high of 111.452023-03-07T14:31:17.927
US Logistics Sector Growth Slows,Lmi Logistics Managers Index Current,"US Logistics Sector Growth SlowsUnited States Lmi Logistics Managers Index CurrentThe Logistics Manager’s Index in the US fell to 54.7 in February 2023 from 57.6 in January and approaching 53.6, its second-lowest reading on record hit in November. Transportation Costs (36.1 vs 42) contracted at the fastest rate on record, but February is generally a low point seasonally due to the consumer spending hangover from the holidays in the U.S. and slowness in imports due to the Chinese New Year. Meanwhile, the Warehousing Capacity (56.6 vs 46.4) moved into the expansionary territory after 30 consecutive months of contraction. Increased Warehousing Capacity will be a welcome sign for many firms as the lack of capacity has been a source of significant costs throughout the supply chain. Still, Warehousing Prices (73.3 vs 75) and Inventory Costs (70.9 vs 74.2) continued to rise. At the same time, Transportation Utilization slowed (51.9 vs 57) but Transportation Capacity moved up slightly (70.4 vs 70.2). 2023-03-07T09:07:00"
Dollar Muted Ahead of Powell Testimony,Currency,"Dollar Muted Ahead of Powell TestimonyUnited States CurrencyThe dollar index was subdued around 104.2 on Tuesday as investors cautiously awaited Federal Reserve Chair Jerome Powell’s congressional testimony on Tuesday and Wednesday for further guidance on the central bank’s tightening plans. Investors also looked ahead to the February jobs report on Friday that could influence how aggressive the Fed will need to be in the upcoming meetings. Markets are expecting the central bank to raise interest rates by another 25 basis points at its March meeting in light of stronger-than-expected US economic data, though analysts remain divided on what the likely peak for rates could be. In the latest Fed commentary, San Francisco Fed President Mary Daly said US rates need to stay higher for longer amid concerns about recent hotter-than-expected inflation data and worries about global economic trends that could fuel price pressures.2023-03-07T03:16:47.777"
McDonalds Hits 5-week High,stocks,McDonalds Hits 5-week HighUnited States stocksMcDonalds increased to a 5-week high of 270.592023-03-06T20:48:48.003
US Stock Futures Waver,Stock Market,"US Stock Futures Waver United States Stock MarketStock futures contracts tied to the three major indices were flat on Monday, putting Wall Street on track for a muted open as investors reassessed the outlook for monetary policy. All eyes are on this week's Fed Chair Jerome Powell's testimony to the Senate and House committees after recent hot economic data fueled bets for more interest rate hikes this year. The nonfarm payrolls report on Friday will also provide a clearer picture of the labor market while giving further insight into the direction of the Federal Reserve's rate path. On the corporate side, Apple climbed more than 1% in premarket trading after Goldman Sachs initiated coverage on the iPhone maker with a ""buy"" rating. Last week, the Dow gained 1.8%, the S&P 500 climbed 1.9%, and the Nasdaq Composite jumped 2.6% 2023-03-06T12:45:00"
US 10-Year Treasury Yield Hovers Around 3.9%,Government Bond 10Y,"US 10-Year Treasury Yield Hovers Around 3.9%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, bottomed around 3.9%, moving away from an almost four-month peak of 4% touched last week, with investors reassessing the economic outlook. Market participants are waiting to see if this week’s Fed Chair Jerome Powell’s testimony to the Senate and House committees reflects recent hawkish rhetoric from other Fed policymakers. The nonfarm payrolls report on Friday will also provide a clearer picture of the labor market while giving further insight into the direction of the Federal Reserve’s interest rate rises. Money markets have now priced at least three more 25 basis point rate hikes this year and see interest rates peaking at around 5.5% by June.2023-03-06T10:07:29.513"
Dollar Muted Ahead of Busy Calendar Week,Currency,"Dollar Muted Ahead of Busy Calendar WeekUnited States CurrencyThe dollar index was subdued around 104.4 on Monday as investors cautiously awaited Federal Reserve Chair Jerome Powell’s congressional testimony on Tuesday and Wednesday for further guidance on the central bank’s tightening plans. Investors also looked ahead to the February jobs report on Friday that could influence how aggressive the Fed will need to be in the upcoming meetings. Markets are expecting the central bank to raise interest rates by another 25 basis points at its March meeting in light of stronger-than-expected US economic data, though analysts remain divided on what the likely peak for rates could be. In the latest Fed commentary, San Francisco Fed President Mary Daly said US rates need to stay higher for longer amid concerns about recent hotter-than-expected inflation data and worries about global economic trends that could fuel price pressures.2023-03-06T04:06:03.827"
US Private Sector Output Stabilizes in February,Composite PMI,"US Private Sector Output Stabilizes in FebruaryUnited States Composite PMIThe S&P Global US Composite PMI stood at 50.1 in February 2023, little-changed from a preliminary estimate of 50.2 and well above January's 46.8. The latest data signaled an end to a seven-month sequence of contraction and indicated broadly stable levels of business activity at private sector firms. New orders declined the least in four months, while the rate of job creation accelerated to a five-month high and backlogs of work fell for a fifth month running. On the price front, input costs rose at the second-slowest pace since October 2020. Nonetheless, output charges increased at a steeper pace, as firms sought to pass through higher cost burdens to their customers.2023-03-03T14:58:20.373"
US Services Activity Returns to Expansion,Services PMI,"US Services Activity Returns to ExpansionUnited States Services PMIThe S&P Global US Services PMI came in at 50.6 in February 2023, little-changed from a preliminary estimate of 50.5 and above January's 46.8. The latest data signaled only a marginal uptick in business activity, bringing to an end a seven-month sequence of contraction. New business declined at the slowest pace since last October, as demand conditions improved despite higher interest rates and inflationary pressures, while new export orders declined for the ninth month running and at a solid rate. The rate of job creation was the quickest since last September, but was marginal overall, and backlogs of work were unchanged following four monthly declines. On the price front, input cost inflation was the second-slowest since October 2020, while the rate of charge inflation accelerated to the highest since October. Finally, business sentiment strengthened to a nine-month high.2023-03-03T14:54:14.74"
Wall Street Set to Open Higher,Stock Market,"Wall Street Set to Open HigherUnited States Stock MarketStock futures contracts tied to the blue-chip Dow rose 0.1% on Friday, while those linked to the S&P 500 and Nasdaq 100 were up 0.3% and 0.5%, respectively, as investors digested Fed official speeches and awaited the ISM report for the services sector. The shift in sentiment came after Atlanta Fed President Raphael Bostic, a non-voting member in 2023, said that he still sees the central bank raising rates by another quarter percentage point later this month. Signs of a still-tight labor market and stubbornly high inflation have been a headache for policymakers. Market participants now look for clues on how high the benchmark interest rate needs to go and how long it will stay for inflation to return to its 2% target. All three major US stock indexes are now on track for a weekly gain. The Dow is up 0.6%, the S&P 500 added 0.3%, on pace to snap a three-week decline, while the Nasdaq has a 0.6% gain. 2023-03-03T12:02:00"
Dollar Steadies as Traders Weigh Fed Outlook,Currency,"Dollar Steadies as Traders Weigh Fed OutlookUnited States CurrencyThe dollar index steadied near 105 on Friday as investors continued to assess the outlook for Federal Reserve monetary policy in light of recent commentary from central bank officials. Atlanta Fed President Raphael Bostic supported 25 basis point rate increases and said the central bank could be in a position to pause rate hikes sometime this summer. However, Fed Governor Christopher Waller maintained a hawkish view, saying rates could peak higher if labor and inflation numbers don’t cool as expected. On Thursday, the greenback gained about 0.6% after fresh data pointed to a still-tight labor market, reinforcing expectations of prolonged tightening. Investors now look ahead to US services activity data and further central bank commentary on Friday.2023-03-03T03:41:00"
Costco Wholesale earnings above expectations at 3.3 USD,Earnings,"Costco Wholesale earnings above expectations at 3.3 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 3.3 USD, compared to market expectations of 3.21 USD.2023-03-02T21:18:31.257"
Broadcom Inc earnings above expectations at 10.33 USD,Earnings,"Broadcom Inc earnings above expectations at 10.33 USDUnited States EarningsBroadcom Inc (AVGO) released earnings per share at 10.33 USD, compared to market expectations of 10.18 USD.2023-03-02T21:17:04.69"
VMware earnings above expectations at 2.13 USD,Earnings,"VMware earnings above expectations at 2.13 USDUnited States EarningsVMware (VMW) released earnings per share at 2.13 USD, compared to market expectations of 1.92 USD.2023-03-02T21:12:45.94"
Caterpillar Hits 4-week High,stocks,Caterpillar Hits 4-week HighUnited States stocksCaterpillar increased to a 4-week high of 252.162023-03-02T20:38:10.46
Verizon Hits 5-week Low,stocks,Verizon Hits 5-week LowUnited States stocksVerizon decreased to a 5-week low of 38.082023-03-02T16:20:34.013
US Natural Gas Storage Falls More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Storage Falls More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities pulled 81 bcf (billion cubic feet) of gas from storage during the week ended February 24, 2023, more than market expectations of a 75 bcf drop. Still, it is much less than a decrease of 137 bcf in the same week last year and a five-year (2018-2022) average decline of 134 bcf as mild weather kept heating demand low. Last week's decrease cut stockpiles to 2.114 trillion cubic feet (tcf), 451 bcf higher than last year at this time and 342 bcf above the five-year average of 1.772 tcf.2023-03-02T15:36:00"
US 10-Year Treasury Yields Tops 4%,Government Bond 10Y,"US 10-Year Treasury Yields Tops 4%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, topped 4%, approaching an over 14-year high of 4.3% reached in October, as a batch of hot economic data strengthened expectations that the Federal Reserve will raise interest rates to a higher level and keep them restrictive for longer. Data from the US Department of Labor showed that the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a still-tight labor market and opening the door for further interest rate increases. A robust labor market and signs of persistent inflation forced investors to reverse their views on the likely future path of interest rate rises, now pricing at least three more 25 basis point rate hikes this year and betting that interest rates will peak around 5.5% by June. 2023-03-02T14:48:00"
Stocks in United States Hit 5-week Low,Stock Market,Stocks in United States Hit 5-week LowUnited States Stock MarketUSNDX decreased to a 5-week low of 118442023-03-02T14:30:06.137
US Q4 Productivity Growth Revised Lower,Productivity,"US Q4 Productivity Growth Revised LowerUnited States ProductivityNonfarm business sector labor productivity growth in the United States was revised lower to 1.7 percent in the fourth quarter of 2022, down from a preliminary estimate of 3.0 percent and compared with the previous period's 1.2 percent increase. Output grew 3.1 percent (vs a preliminary 3.5 percent) and hours worked were up 1.4 percent (vs a preliminary 0.5 percent). On a yearly basis, productivity decreased 1.8 percent in the final three months of 2022, reflecting a 0.7 percent expansion in output and a 2.6 percent advance in hours worked. Considering 2022 full year, annual average productivity decreased 1.7 percent, the largest decline since 1974, when productivity also decreased 1.7 percent.2023-03-02T13:35:00"
Dollar Rises on Hawkish Fed Remarks,Currency,"Dollar Rises on Hawkish Fed RemarksUnited States CurrencyThe dollar index strengthened above 104 on Thursday, recouping some losses from the previous session as Federal Reserve officials indicated that more work is needed to bring down inflation. Atlanta Fed President Raphael Bostic called for continued rate hikes to above 5% to make sure inflation does not pick up again, while Minneapolis Fed President Neel Kashkari said the central bank’s rate hikes are not having much of an impact on the services sector. Meanwhile, the greenback fell half a percent on Wednesday after facing pressure from robust Chinese manufacturing data and hot German inflation data. Investors also reacted to the latest ISM report which showed that the US manufacturing sector contracted for a fourth consecutive month in February. Investors now await weekly jobless claims data and Fed Governor Christopher Waller’s speech on Thursday.2023-03-02T03:32:25.347"
Salesforce.com earnings above expectations at 1.68 USD,Earnings,"Salesforce.com earnings above expectations at 1.68 USDUnited States EarningsSalesforce.com (CRM) released earnings per share at 1.68 USD, compared to market expectations of 1.36 USD.2023-03-01T21:17:41.853"
Stocks in United States Hit 5-week Low,Stock Market,Stocks in United States Hit 5-week LowUnited States Stock MarketUS500 decreased to a 5-week low of 39432023-03-01T16:11:13.663
Stocks in United States Hit 16-week Low,Stock Market,Stocks in United States Hit 16-week LowUnited States Stock MarketUS30 decreased to a 16-week low of 325232023-03-01T16:11:12.663
Amazon Hits 5-week Low,stocks,Amazon Hits 5-week LowUnited States stocksAmazon decreased to a 5-week low of 92.32023-03-01T16:08:48.953
Visa Hits 5-week Low,stocks,Visa Hits 5-week LowUnited States stocksVisa decreased to a 5-week low of 217.362023-03-01T15:15:20.59
Apple Hits 4-week Low,stocks,Apple Hits 4-week LowUnited States stocksApple decreased to a 4-week low of 145.722023-03-01T15:06:33.003
US Construction Spending Falls for 2nd Month,Construction Spending,"US Construction Spending Falls for 2nd MonthUnited States Construction SpendingConstruction spending in the United States went down by 0.1% month-over-month to $1.826 trillion in January of 2023, following an upwardly revised 0.7% contraction in the previous month and missing market forecasts of a 0.2% growth. Spending on public construction sank by 0.6% from the prior month while private investment was flat. 2023-03-01T15:04:00"
US Manufacturing PMI Revised Lower: S&P Global,Manufacturing PMI,"US Manufacturing PMI Revised Lower: S&P GlobalUnited States Manufacturing PMIThe S&P Global Manufacturing PMI for the US was revised lower to 47.3 in February of 2023 from a preliminary of 47.8, and compared to 46.9 in January. The reading showed manufacturing activity shrank for a fourth consecutive month, amid further contractions in output and new orders, although rates slowed in both instances. Weak domestic and foreign client demand reportedly drove a further drop in total new sales as firms adjusted their spending activity and inventory holdings down accordingly. Also, lower demand for inputs helped spur the greatest improvement in vendor performance since May 2009. Meanwhile, employment rose the most in five months, helping drive a further drop in backlogs of work. At the same time, the rate of charge inflation accelerated again as firms sought to pass on higher costs to customers. Conversely, input costs increased at a softer rate. Finally, business confidence was the second-strongest since May 20222023-03-01T14:50:58.427"
Home Depot Hits 16-week Low,stocks,Home Depot Hits 16-week LowUnited States stocksHome Depot decreased to a 16-week low of 291.722023-03-01T14:36:52.697
Microsoft Hits 4-week Low,stocks,Microsoft Hits 4-week LowUnited States stocksMicrosoft decreased to a 4-week low of 248.062023-03-01T14:34:23.77
Coca-Cola Hits 16-week Low,stocks,Coca-Cola Hits 16-week LowUnited States stocksCoca-Cola decreased to a 16-week low of 58.872023-03-01T14:34:13.26
Walt Disney Hits 5-week Low,stocks,Walt Disney Hits 5-week LowUnited States stocksWalt Disney decreased to a 5-week low of 98.952023-03-01T14:31:21.547
AT&T Hits 5-week Low,stocks,AT&T Hits 5-week LowUnited States stocksAT&T decreased to a 5-week low of 18.822023-03-01T14:30:21.12
US Mortgage Rates at Fresh November Highs: MBA,Mortgage Rate,"US Mortgage Rates at Fresh November Highs: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased by 9 bps to 6.71% in the week ended February 24th 2023, a new high since November, and after rising by 44bps in the previous two week, data from the Mortgage Bankers Association (MBA) showed. Rates went up for a third straight week, after falling for five consecutive weeks, and tracking a rise in Treasury yields amid expectations the Fed would need to keep monetary policy restrictive for a longer period. “Data on inflation, employment, and economic activity have signaled that inflation may not be cooling as quickly as anticipated, which continues to put upward pressure on rates,” said Joel Kan, an MBA economist.2023-03-01T12:15:33.717"
US Mortgage Applications Fall for 3rd Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 3rd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the US were down 5.7% in the week ended February 24th, 2023, marking a third consecutive decline, and pushing the mortgage index close to 28-year lows, data from the Mortgage Bankers Association showed. Applications to refinance a home loan were down 5.5% and those to purchase a home loan fell 5.6%. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) went up 9bps to 6.71%, a fresh high since mid-November, and tracking a rise in Treasury yields. “Data on inflation, employment, and economic activity have signalled that inflation may not be cooling as quickly as anticipated, which continues to put upward pressure on rates. Refinance applications account for less than a third of all applications and remained more than 70% behind last year’s pace, as a majority of homeowners are already locked into lower rates"", said Joel Kan, an MBA economist.2023-03-01T12:05:00"
Lowe's Companies earnings above expectations at 2.28 USD,Earnings,"Lowe's Companies earnings above expectations at 2.28 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 2.28 USD, compared to market expectations of 2.21 USD.2023-03-01T11:34:27.47"
Dollar Struggles for Traction,Currency,"Dollar Struggles for TractionUnited States CurrencyThe dollar weakened sharply against a basket of major currencies on Wednesday, depreciating toward the 104 mark as money flowed into riskier currencies amid upbeat economic data in China and Europe. The yuan and the Australian and New Zealand dollars benefited from robust Chinese manufacturing data, while the euro enjoyed substantial gains after regional German price data added to inflation concerns. Domestically, the Chicago PMI contracted for a sixth consecutive month in February, reflecting the impact of higher interest rates on the economy. Still, signs of persistent inflation and a tight labor market prompted speculation that the Federal Reserve would raise interest rates further and keep them restrictive for longer.2023-03-01T09:42:00"
US 10-Year Treasury Yields Hovers Near 4%,Government Bond 10Y,"US 10-Year Treasury Yields Hovers Near 4%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, consolidated around 4%, its highest level in three months, as a batch of hot economic data strengthened expectations that the Federal Reserve will raise interest rates to a higher level and keep them restrictive for longer. Signs of persistent inflation and a still-tight labor market forced investors to reverse their views on the likely future path of interest rate rises, now pricing at least three more 25 basis point rate hikes this year and betting that interest rates will peak around 5.5% by June. Money markets also see the European Central Bank raising rates until at least February 2024, with a fully priced 4% ECB terminal rate.2023-03-01T09:21:40.843"
Monster Beverage earnings below expectations at 0.57 USD,Earnings,"Monster Beverage earnings below expectations at 0.57 USDUnited States EarningsMonster Beverage (MNST) released earnings per share at 0.57 USD, compared to market expectations of 0.63 USD.2023-02-28T21:19:13.447"
Ross Stores earnings above expectations at 1.31 USD,Earnings,"Ross Stores earnings above expectations at 1.31 USDUnited States EarningsRoss Stores (ROST) released earnings per share at 1.31 USD, compared to market expectations of 1.24 USD.2023-02-28T21:10:47.213"
Agilent earnings above expectations at 1.37 USD,Earnings,"Agilent earnings above expectations at 1.37 USDUnited States EarningsAgilent (A) released earnings per share at 1.37 USD, compared to market expectations of 1.31 USD.2023-02-28T21:10:15.903"
Dallas Fed Services Index Improves Further in February,Dallas Fed Services Index,"Dallas Fed Services Index Improves Further in FebruaryUnited States Dallas Fed Services IndexThe Dallas Fed General Business Activity index for services in Texas went up to -9.3 in February of 2023 from -15 in the previous month. Although perceptions of business conditions continued to worsen in during the period, the result pointed to the most moderate deterioration in five months. The company outlook index booked a considerable improvement, increasing to -1.7 from -8.3 in the previous month, while the index measuring the outlook on uncertainty fell to 12.9 from 20 in January.2023-02-28T15:44:00"
Chicago PMI Unexpectedly Falls in February,Chicago PMI,"Chicago PMI Unexpectedly Falls in FebruaryUnited States Chicago PMIThe Chicago PMI in the United States fell for a second consecutive month to 43.6 in February of 2023 from 44.3 in January. Figures came lower than market forecasts of 45, pointing to another contraction in economic activity in the Chicago region, which extended for a sixth straight month.2023-02-28T15:09:45.597"
US 5th District Service Index Increases for 2nd Month,Richmond Fed Services Index,"US 5th District Service Index Increases for 2nd MonthUnited States Richmond Fed Services IndexThe Fifth District Service Sector Activity revenues index improved slightly to -3 in February of 2022 from -6 in January. At the same time, the demand index rose to 6, also up from -6 in January. Firms’ six months ahead revenue expectations softened mildly, while expectations for demand increased. The indexes for both current and anticipated local business conditions remained negative. The indexes for capital and services expenditures fell from 8 and 6 to -1 and -3, respectively, while the index for equipment & software spending remained relatively flat. All three of the spending expectations indexes were positive, suggesting that firms generally expect spending to increase over the next six months. The employment index stayed in positive territory in February, indicating that firms, at large, continued hiring. They also reported wage increases in the last month and continued difficulty finding candidates with the desired skillsets.2023-02-28T15:09:00"
US 5th District Factory Activity Contracts Further,Richmond Fed Manufacturing Index,"US 5th District Factory Activity Contracts FurtherUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the Richmond area decreased to -16 in February of 2023 from -11 in the previous month, the lowest since May of 2020. Of its three component indexes, shipments (-15 vs -3 in January) and employment(-7 vs -3) declined while the new orders index remained unchanged at -24. Firms remained pessimistic about local business conditions, as the index remained at -13. However, the expectations index for future local business conditions increased notably and returned to positive territory for the first time since March 2022. Businesses continued to see declines in backlogs and lead times as both indexes remained negative. However, the capacity utilization index fell notably from -7 in January to -17 in February. The average growth rate of prices paid remained nearly unchanged, while the average growth rate of prices received decreased in February. Firms expect both to moderate over the next 12 months.2023-02-28T15:06:06.763"
US Home Prices Fall for 2nd Month: FHFA,House Price Index MoM,"US Home Prices Fall for 2nd Month: FHFAUnited States House Price Index MoMThe average price of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US went down 0.1 percent from a month earlier in December of 2022, the same as in November. Year-on-year, house prices advanced 6.6 percent, the least since June of 2020. Considering Q4, house prices were up 0.3 percent from third quarter. Of the nine census divisions, the South Atlantic division recorded the strongest four-quarter appreciation, posting a 12.4 percent increase between the fourth quarters of 2021 and 2022. Appreciation was weakest in the Pacific division, where prices rose by 2.9 percent. “House price appreciation continued to wane in the fourth quarter” said Dr. Polkovnichenko, Supervisory Economist in FHFA’s Division of Research and Statistics. “House prices grew at a much slower pace in recent quarters amid higher mortgage rates and a decline in mortgage applications. These negative pressures were partially offset by historically low inventory.”2023-02-28T14:03:00"
US Wholesale Inventories Fall for 1st Time since 2020,Wholesale Inventories,"US Wholesale Inventories Fall for 1st Time since 2020United States Wholesale InventoriesWholesale inventories fell by 0.4% from a month earlier to USD 929.7 billion in January 2023, following a 0.1% rise in the prior month, preliminary estimates showed. It was the first decline in inventories since July 2020, as stocks fell for both durable (-0.1% vs 0.6% in December) and non-durable goods (-0.8%, the same as December). On an annual basis, wholesale inventories grew by 15.9% in January.2023-02-28T13:37:00"
US Goods Trade Deficit Widens in January,Goods Trade Balance,"US Goods Trade Deficit Widens in JanuaryUnited States Goods Trade BalanceThe US trade deficit in goods widened to USD 91.5 billion in January 2023 from a revised USD 89.7 billion in December, preliminary data showed. Exports of goods increased 4.2 percent over the previous month to USD 173.8 billion, amid higher sales of industrial supplies (0.3 percent) and capital goods (4.3 percent). Meantime, imports advanced at a faster 3.4 percent to USD 265.3 billion, mainly boosted by purchases of capital goods (1.8 percent) and consumer goods (6.4 percent).   2023-02-28T13:32:00"
Texas Manufacturing Sector Contraction Deepens,Dallas Fed Manufacturing Index,"Texas Manufacturing Sector Contraction DeepensUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas’ general business activity index for manufacturing in Texas slipped 5.1 points to -13.5 in February of 2023, from -8.4 in the previous month. It marks the tenth consecutive month of contraction in activity. The new orders index was negative for a ninth month in a row and moved down nine points to -13.2; and the production index, a key measure of state manufacturing conditions, edged down from 0.2 to -2.8, a reading suggestive of a modest contraction in output. Also, the capacity utilization index returned to negative territory after two positive readings, falling 10 points to -4.1. Labor market measures suggest relatively flat employment and longer workweeks. On the price front, price and wage pressures intensified in February. Lastly, the future production index pushed further positive to 21.3, signaling output growth is expected over the next six months. The future general business activity index was slightly negative, moving up from -9.1 to -2.9.2023-02-27T15:34:00"
DXY Falls from 7-Week High,Currency,"DXY Falls from 7-Week HighUnited States CurrencyThe dollar index extended losses to 104.9, down from a seven-week high hit above 105 as investors digest the latest economic data and try to gauge the next monetary policy steps. Hotter-than-expected economic data raised the prospect of interest rates staying higher for longer as the Federal Reserve fights stubborn inflation. Investors have now priced at least three more 25 basis point rate hikes this year and see interest rates peaking at around 5.5% by June. Market participants now look ahead to more US economic reports, such as consumer confidence, the ISM manufacturing survey, and corporate earnings. Meanwhile, durable goods orders fell more than expected in January. 2023-02-27T13:55:00"
US New Home Sales Surge in January,New Home Sales,"US New Home Sales Surge in JanuaryUnited States New Home SalesSales of new single family houses in the US jumped 7.2% month-over-month to a seasonally adjusted annualised rate of 670K in January of 2023, following an upwardly revised 7.2% jump in December. It is the highest reading since March last year, beating market forecasts of 620K, in a sign the housing market may be stabilising. Sales soared 17.1% in the South to 451K, offsetting decreases in the Midwest (-6.9% to 67K), the West (-7.3% to 127K) and the Northeast (-19.4% to 25K). The median price of new houses sold was $427,500 while the average sales price was $474,000, both below $430,500 and $501,200 respectively a year ago. There were 439K houses left to sell, the lowest since May of 2022, corresponding to 7.9 months of supply at the current sales rate.2023-02-24T15:08:00"
US Consumer Sentiment Revised Slightly Higher,Consumer Confidence,"US Consumer Sentiment Revised Slightly HigherUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised higher to 67 in February of 2023, the highest since January 2022, from a preliminary of 66.4. The gauge for expectations was revised higher to 64.7 from 62.3 while the current conditions subindex was revised lower to 70.7 from 72.6. Meanwhile, inflation expectations for the year were revised lower to 4.1% from 4.2% in the preliminary estimate and the 5-year outlook was unchanged at 2.9%.2023-02-24T15:03:49.673"
DXY Rises to 7-Week High,Currency,"DXY Rises to 7-Week HighUnited States CurrencyThe dollar index rose to above 105, the highest in seven weeks after the latest data showed the Fed’s preferred gauge to measure inflation accelerated more than expected in January, supporting the case for further monetary tightening from the Federal Reserve. The latest data showed core PCE prices jumped by 0.6% in January, the most since August, and above market estimates of 0.4%. The annual rate accelerated to 4.7% from 4.6% and surpassed forecasts of 4.3%. On the week, the DXY is up 1%, on track for a fourth consecutive weekly gain. Minutes of the latest FOMC meeting showed that Fed officials noted that upside risks to the inflation outlook remained a key factor shaping the policy outlook and that interest rates would need to move higher and stay elevated until inflation is clearly on a path to 2%. At the same time, the dollar has also benefitted from safe-haven demand stemming from growing geopolitical tensions between the US and China over the war in Ukraine.2023-02-24T13:54:00"
10-Year Treasury Yield Rises to 3-Month High,Government Bond 10Y,"10-Year Treasury Yield Rises to 3-Month HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, jumped to above 3.94%, its highest level in three months, as a batch of hot economic data strengthened expectations that the Federal Reserve will raise interest rates to a higher level and keep them restrictive for a longer period. Personal spending in the US jumped by 1.8% from the previous month in January, while core PCE prices accelerated above expectations and underscored the Fed’s perception that the fight against inflation is far from over. The data compounded hawkish fears after earlier reports showed that initial jobless claims unexpectedly fell, emphasizing that the US labor market is stubbornly tight and driving investors away from debt instruments. 2023-02-24T13:54:00"
US Building Permits Remain Close to 31-Month Lows,Building Permits,"US Building Permits Remain Close to 31-Month LowsUnited States Building PermitsBuilding permits in the United States inched 0.1 percent higher to a seasonally adjusted annual rate of 1.339 million in January 2023, remaining close to December's 31-month low, as high inflation and rising borrowing costs continued to weigh on demand for new housing, revised data showed. Single-family authorizations declined 1.2 percent to a rate of 722 thousand, the lowest since April 2020, while the volatile multi-segment rose 1.8 percent to 617 thousand. Permits were down in the West (-4.6 percent to 293 thousand) and Northeast (-7.8 percent to 106 thousand), but were up in the South (3.0 percent to 762 thousand) and Midwest (1.7 percent to 178 thousand).2023-02-24T13:50:06.57"
US PCE Inflation Accelerates in January,PCE Price Index Annual Change,"US PCE Inflation Accelerates in JanuaryUnited States PCE Price Index Annual ChangeThe personal consumption expenditure price index in the United States increased by 5.4% year-on-year in January of 2023, accelerating from an upwardly revised 5.3% rise in the previous month. Prices for goods were up 4.7% (vs 5.1% in December) and prices for services increased 5.7% (vs 5.4%). Food cost went up 11.1% (vs 11.6%) and energy prices increased 9.6% (vs 8.5%). Compared to the previous month, the PCE Price Index rose by 0.6%, the most in seven months.2023-02-24T13:40:00"
US Personal Income Below Forecasts,Personal Income,"US Personal Income Below ForecastsUnited States Personal IncomePersonal income in the United States rose by 0.6 percent from a month earlier in January 2023, accelerating from an upwardly revised 0.3 percent gain in December but missing market expectations of 1.0 percent growth. The increase in income was led by rising compensation, reflecting private wages and salaries in both services-producing industries and goods-producing industries. Meanwhile, government social benefits were down in January, as a decrease in “other” benefits due to the expiration of the extended child tax credit as well as a decline in one-time refundable tax credits issued by states was partly offset by an increase in Social Security. Disposable personal income surged 2.0 percent in January.2023-02-24T13:37:00"
US PCE Prices Rise the Most in 7 Months,PCE Price Index Monthly Change,"US PCE Prices Rise the Most in 7 MonthsUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States rose 0.6 percent month-over-month in January of 2023, the most in seven months and after an upwardly revised 0.2 percent increase in December. The cost of goods went up 0.6 percent, recovering from a 0.5 percent fall in the previous month while service inflation was steady at 0.6 percent. Food prices went up 0.4 percent, the same as in December and energy prices surged 2 percent, after falling 3.6 percent. Excluding food and energy, the PCE price index advanced 0.6 percent, faster than market expectations of a 0.4 percent rise, suggesting inflation is becoming more entrenched in the economy. The annual rate accelerated to 5.4 percent from an upwardly revised 5.3 percent in December.2023-02-24T13:36:00"
"DXY Hovers Around 105, Set for Fourth Weekly Gain",Currency,"DXY Hovers Around 105, Set for Fourth Weekly Gain United States CurrencyThe dollar index was steady around the 105 mark, the highest in seven weeks, as signs of persistent inflationary pressures and a tight labor market supported the case for further monetary tightening from the Federal Reserve. At the same time, the dollar has also benefitted from safe-haven demand stemming from growing geopolitical tensions between the US and China over the war in Ukraine. On the policy side, minutes of the latest FOMC meeting showed that Fed officials noted that upside risks to the inflation outlook remained a key factor shaping the policy outlook and that interest rates would need to move higher and stay elevated until inflation is clearly on a path to 2%. Hence, the DXY rallied almost 1% this week, on track for a fourth consecutive weekly gain.2023-02-24T10:02:58.223"
US 10-Year Treasury Yield Eases Below 3.9%,Government Bond 10Y,"US 10-Year Treasury Yield Eases Below 3.9%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, eased below 3.9%, moving away from an over three-month peak of 4% reached earlier this week, with investors reassessing the economic outlook. The US economy expanded slightly less than initially expected in the last quarter of 2022, reflecting a downward revision to consumer spending, which accounts for roughly 70% of economic activity. On the other hand, the Commerce Department revised the core PCE price index to show a softer slowdown than previously anticipated. A different report showed that initial jobless claims, a proxy for layoffs, declined in the week ended Jan. 14 to the lowest since September, prompting markets to bet on a higher terminal level for the Fed funds rate. On the policy side, the minutes of the Federal Reserve’s last meeting indicated that most policymakers backed its recent quarter-point increase, but some favored a 50 bps rise.2023-02-24T08:37:10.743"
Dollar Stays Near 7-Week High,Currency,"Dollar Stays Near 7-Week HighUnited States CurrencyThe dollar index was little changed at 104.6 on Friday, remaining near its highest level in seven weeks while pointing to the fourth straight week of gains, amid a resilient US economy that supported the case for further monetary tightening from the Federal Reserve. Meantime, minutes of the latest FOMC meeting showed that Fed officials noted that upside risks to the inflation outlook remained a key factor shaping the policy outlook and that interest rates would need to move higher and stay elevated until inflation is clearly on a path to 2%. Elsewhere, St. Louis Fed President James Bullard said recently the central bank still needs a ""sharp"" tightening to tame high inflation.
2023-02-24T05:12:00"
US Stock Futures Down Slightly,Stock Market,"US Stock Futures Down SlightlyUnited States Stock MarketUS equity futures fell slightly on Friday after Wall Street closed higher in a volatile session overnight, as investors awaited the January data on US personal income and consumer spending. Sentiment among traders remained fragile, amid worries about the pace of future rate hikes in the face of contradictory economic signals recently.  Meantime, the strain in US-China relations likely deepened after Bloomberg News said Washington is increasing its small contingent of troops in Taiwan to train local forces. Major averages in the US are heading for a weekly fall, with the S&P 500 on its way to its worst week since Dec. 16th, the Dow is set to its fourth straight losing week, and the Nasdaq is on pace for its 2d negative week in 3 On the corporate front, Nvidia Corp. delivered upbeat guidance Thursday, as its quarterly results beat on both the top and bottom lines, Meantime, Boeing temporarily suspended deliveries of its 787 Dreamliners to evaluate its fuselage component.2023-02-24T02:21:00"
US Natural Gas Stocks Fall More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Fall More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities pulled 71 bcf (billion cubic feet) of gas from storage during the week ended February 17, 2023, slightly more than market expectations of a 67 bcf drop. Still, it is much less than a decrease of 138 bcf in the same week last year and a five-year (2018-2022) average decline of 177 bcf s milder weather lead to lower heating demand for the fuel. Last week's decrease cut stockpiles to 2.195 trillion cubic feet (tcf), 395 bcf higher than last year at this time and 289 bcf above the five-year average of 1.906 tcf.2023-02-23T16:34:04.487"
Tenth District Manufacturing Activity Declines Further,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Declines FurtherUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production index fell to -9 in February of 2023 from -4 in the previous month, consolidating the fifth consecutive contraction in manufacturing output. Deterioration was noted in nondurable goods plants, mainly for plastics, chemicals, and food manufacturing. 2023-02-23T16:23:50.74"
US Crude Stocks Rise More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise More than Expected: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the US rose by 7.648 million barrels to 850.6 million in the week ended February 17th, the highest level since the week ended September 23rd. It compares with market expectations of a smaller 2.083 million barrels build. Also, crude stocks at the Cushing, Oklahoma, delivery hub increased by 700 thousand barrels, following a 659 thousand rise. Meanwhile, distillate stockpiles, including diesel and heating oil, grew by 2.698 million barrels, versus market expectations of a 1.126-million-barrel-drop. On the other hand, gasoline stocks declined by 1.856 million barrels, while markets were expecting a 0.108 million injection.2023-02-23T16:07:22.937"
Treasury Yields Extend Rally,Government Bond 10Y,"Treasury Yields Extend RallyUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, rose past the 3.95% mark on Thursday to reach its highest in over three months amid further expectations that the Federal Reserve will raise its funds rate to a higher level for a longer period of time. The core PCE price index was revised to show a softer slowdown than previously anticipated in the fourth quarter, while initial jobless claims unexpectedly fell and furthered evidence of a tight labor market. Still, downward revisions to the US GDP limited the rally for bond yields. The data comes shortly after the release of minutes from the FOMC’s latest meeting, which showed that policymakers underscored upside risks to the inflation outlook and that interest rates would need to remain at a restrictive level until inflation is clearly on a path to 2%. 2023-02-23T13:51:00.13"
DXY Firms at 104.5,Currency,"DXY Firms at 104.5United States CurrencyThe dollar index firmed up near 104.5 on Thursday, hovering near its strongest levels in seven weeks as minutes from the Federal Reserve’s last meeting showed that policymakers largely agreed to keep raising interest rates to bring inflation back down within target. The minutes stated that inflation “remained well above” the Fed’s 2% target and the labor market “remained very tight, contributing to continuing upward pressure on wages and prices.” Meanwhile, Q4 GDP growth was revised slightly lower while PCE prices rose faster than initially thought, second estimates showed. Another report showed weekly claims unexpectedly fell last week, pointing to a still tight labor market.2023-02-23T13:38:00"
Dollar Firms Up on Hawkish Fed Outlook,Currency,"Dollar Firms Up on Hawkish Fed OutlookUnited States CurrencyThe dollar index firmed up near 104.5 on Thursday, hovering near its strongest levels in seven weeks as minutes from the Federal Reserve’s last meeting showed that policymakers largely agreed to keep raising interest rates to bring inflation back down within target. The minutes stated that inflation “remained well above” the Fed’s 2% target and the labor market “remained very tight, contributing to continuing upward pressure on wages and prices.” These updates came on the heels of stronger-than-expected inflation, jobs and retail sales data in the US that supported the case for further monetary tightening. Some Fed officials also indicated last week that they are open to a bigger 50 basis point rate hike at the central bank’s meeting in March. Investors now look ahead to the latest US GDP and weekly jobless claims data on Thursday.2023-02-23T03:21:01.4"
US Crude Oil Inventories Beat Expectations: API,API Crude Oil Stock Change,"US Crude Oil Inventories Beat Expectations: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States jumped by 9.895 million barrels in the week ended February 17th, 2023, following a 10.507 million barrels gain in the previous week, data from the American Petroleum Institute showed. It was the second strong weekly gain since the first week of January 2023, compared with market expectations of a 1.233 million barrels increase.
2023-02-22T21:37:08.403"
US 10-Year Treasury Yield Holds Near 3-Months High,Government Bond 10Y,"US 10-Year Treasury Yield Holds Near 3-Months HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, held above 3.9%, close to the highest level seen in three months, as investors continue to bet on higher interest rates following the last Federal Reserve meeting minutes. A solid majority of policymakers agreed to slow down the pace of rate increases, delivering a smaller 25 bps hike in February. Still, they noted that upside risks to the inflation outlook remained and that interest rates would need to move higher and stay elevated until inflation is clearly on a path to 2%. It comes after recent economic data showed the sharpest increase in producer prices in seven months in January, while another report showed the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, opening the door to further rate hikes by the Federal Reserve. 2023-02-22T19:21:40.867"
DXY Extend Gains after Fed Minutes,Currency,"DXY Extend Gains after Fed MinutesUnited States CurrencyThe dollar index extended gains to 104.5 on Wednesday, its highest level in seven weeks, on expectations the Federal Reserve will continue to tighten monetary policy to control inflation. The latest meeting minutes showed that Fed officials noted that upside risks to the inflation outlook remained a key factor shaping the policy outlook and that interest rates would need to move higher and stay elevated until inflation is clearly on a path to 2%. This comes on the heels of a batch of stronger-than-expected US economic data and hawkish remarks from Federal Reserve officials, supporting the case for further monetary tightening.2023-02-22T19:10:00"
US Mortgage Applications Plunge 13.3%,Mortgage Applications,"US Mortgage Applications Plunge 13.3%United States Mortgage ApplicationsMortgage applications in the US plunged 13.3% in the week ended February 17th, 2023, following a 7.7% decline in the previous week, as mortgage rates continue to rise, data from the Mortgage Bankers Association showed. Applications to refinance a home loan were down 2.2% and those to purchase a home loan sank 18.1%. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) jumped 23bps to 6.62%, the highest since mid-November, and tracking a rise in Treasury yields.2023-02-22T12:05:00"
Wall Street Starts Week on Sour Note,Stock Market,"Wall Street Starts Week on Sour NoteUnited States Stock MarketThe Dow closed almost 700 points lower on Tuesday, and the S&P 500 and Nasdaq 100 slipped 2% and 2.5%, respectively. Investors were worried after Treasury yields surged to their highest level since November and disappointing forecasts from heavyweight retailers added to concerns that inflation and higher interest rates have started hurting the purchasing power of US consumers. On the corporate news, Home Depot fell more than 7% after the home improvement retailer missed quarterly revenue estimates and offered weak guidance. Walmart also came into the spotlight after the retail bellwether struck a cautious note in its economic outlook for 2023. On top of that, better-than-expected PMI data supported the case for further central bank policy tightening, driving Treasury yields higher while punishing tech and other growth stocks. Rising geopolitical tensions, particularly between the world's two superpowers, US and China, also discouraged investors from turning bullish.2023-02-21T21:01:00"
"Wall Street Selloff Continues, Dow Sheds 700 Points",Stock Market,"Wall Street Selloff Continues, Dow Sheds 700 PointsUnited States Stock MarketUS Stocks remained under pressure on Tuesday afternoon, as a renewed surge in Treasury yields and disappointing forecasts from heavyweight retailers added to concerns that inflation and higher interest rates have started hurting the purchasing power of US consumers. The Dow lost 700 points or 2%, and the S&P 500 and Nasdaq 100 plunged 2% and 2.4%, respectively. On the corporate news, Home Depot fell more than 6% after the home improvement retailer missed quarterly revenue estimates and offered weak guidance. Walmart also came into the spotlight after the retail bellwether struck a cautious note in its economic outlook for 2023. On top of that, better-than-expected PMI data supported the case for further central bank policy tightening, driving Treasury yields higher while punishing tech and other growth stocks. Rising geopolitical tensions, particularly between the world's two superpowers, US and China, also discouraged investors from turning bullish.
2023-02-21T19:22:00"
Wall Street Selloff Intensifies,Stock Market,"Wall Street Selloff Intensifies United States Stock MarketThe Dow lost over 500 points on Tuesday afternoon, and the S&P 500 and Nasdaq 100 plunged 1.6% and 2%, respectively, as disappointing forecasts from heavyweight retailers added to concerns that inflation and higher interest rates have started hurting the purchasing power of US consumers. Home Depot fell more than 6% after the home improvement retailer missed quarterly revenue estimates and offered weak guidance. Walmart also came into the spotlight after the retail bellwether struck a cautious note in its economic outlook for 2023. On top of that, better-than-expected PMI data supported the case for further central bank policy tightening, driving Treasury yields higher while punishing tech and other growth stocks. Rising geopolitical tensions, particularly between the world's two superpowers, US and China, also discouraged investors from turning bullish.2023-02-21T16:23:00"
US Factory Activity Falls at a Softer Pace,Manufacturing PMI,"US Factory Activity Falls at a Softer PaceUnited States Manufacturing PMIS&P Global Manufacturing PMI for the US increased to 47.8 in February of 2023 from 46.9 in January, beating forecasts of 47.1, preliminary estimates showed. The reading pointed to a fourth consecutive month of falling factory activity although the smallest in the current sequence of decline. Production continued to fall amid weak client demand and new orders decreased sharply, with some companies noting that sufficient stocks at customers and high inflation dampened demand conditions. Meanwhile, lower buying activity also contributed towards an improvement in vendor performance. Suppliers’ delivery times were reduced to the greatest extent since May 2009 amid weak demand for inputs and fewer logistics issues. Employment rose at the fastest pace since last September and firms reduced their backlogs of work solidly. Input prices softened although selling prices rose the most in three months. Finally, the level of business confidence was broadly in line with that seen in January.2023-02-21T14:56:00"
Wall Street Remains Under Pressure,Stock Market,"Wall Street Remains Under PressureUnited States Stock MarketWall Street opened a holiday-shortened week in the red, with the Dow Jones losing 400 points while the S&P 500 and Nasdaq 100 were down 1.1% and 1.5%, respectively, as investors grew worried over a higher-for-longer outlook for interest rates. The most recent US economic data pointed to still elevated inflationary pressures and a tight labor market, supporting the case for further central bank policy tightening. At the same time, rising geopolitical tensions, particularly between the world's two superpowers, US and China, are also discouraging investors from turning bullish. On the corporate side, Home Depot plunged 5% after the home improvement retailer missed quarterly revenue estimates. Walmart also came into the spotlight after the retail bellwether struck a cautious note in its economic outlook for 2023.2023-02-21T14:33:00"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open Lower  United States Stock MarketStock futures contracts tied to the three major indices were down roughly 1% on Tuesday, putting Wall Street on track to start a holiday-shortened week lower as investors grew worried over a higher-for-longer outlook for interest rates. The most recent US economic data pointed to still elevated inflationary pressures and a tight labor market, supporting the case for further central bank policy tightening. At the same time, rising geopolitical tensions, particularly between the world's two superpowers, US and China, are also discouraging investors from turning bullish. Market participants now look to Wednesday's FOMC meeting minutes for further clues on the central bank's rate-hike path. Last week, the Dow lost 0.5%, while the S&P 500 and the Nasdaq 100 fell 0.8% and 0.2%, respectively. 2023-02-21T11:22:00"
Dollar Firms Up on Hawkish Fed Outlook,Currency,"Dollar Firms Up on Hawkish Fed OutlookUnited States CurrencyThe dollar index firmed up above 104 on Wednesday, holding near its highest levels in six weeks as stronger-than-expected US economic data and hawkish remarks from Federal Reserve officials buoyed the currency. Latest data pointed to still elevated inflationary pressures and a robust jobs market in the US, supporting the case for further monetary tightening. Cleveland Fed President Loretta Mester said she saw a “compelling economic case” for another 50 basis point rate hike. St. Louis Fed President James Bullard also stated he would not rule out backing a half-percentage point increase at the Fed’s March meeting. Investors now look ahead to the latest FOMC meeting minutes, more Fed commentary and the Fed-preferred inflation gauge of PCE price index this week.2023-02-20T03:52:00"
US Export Prices Rise for 1st Time in 7 Months,Export Prices MoM,"US Export Prices Rise for 1st Time in 7 MonthsUnited States Export Prices MoMUS export prices increased by 0.8 percent from a month earlier in January of 2023, compared to market expectations of a 0.2 percent decrease and recovering from an upwardly revised 3.2 percent fall in December. It was the first rise in export prices since June 2022, mainly due to a 0.8 percent advance in nonagricultural export prices. Higher prices for nonagricultural industrial supplies and materials; capital goods; automotive vehicles; and consumer goods all contributed to the January advance. Meanwhile, prices for agricultural exports declined 0.2 percent, as a 21.6 percent drop in vegetable prices more than offset higher prices for soybeans and corn.2023-02-17T13:34:00"
US Stock Futures Slide,Stock Market,"US Stock Futures Slide United States Stock MarketStock futures contracts tied to the blue-chip Dow fell 0.6% on Friday, while those linked to the S&P 500 and Nasdaq were down 0.8% and 1%, respectively, as hot economic data fuelled speculation of the Federal Reserve raising rates for longer. A report from the Bureau of Labor Statistics on Thursday showed the highest rise in producer prices in seven months in January, suggesting that inflation could be much sticker than many expected. On top of that, the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, indicating that the labor market remains tight. Speeches from St. Louis Fed President James Bullard and his Cleveland counterpart also supported the view that the US central bank will have to continue to hike interest rates to cool the economy. For the week, the Dow Jones and the S&P 500 indexes are down roughly 1% each. Outperforming its peers, the Nasdaq 100 is up almost 0.5%. 2023-02-17T12:08:00"
US 10-Year Treasury Yield Hits 3.9% for First Time in Three Months,Government Bond 10Y,"US 10-Year Treasury Yield Hits 3.9% for First Time in Three Months United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, topped 3.9%, a level not seen in three months, as investors adjust their portfolios for a higher terminal rate. Recent economic data showed the sharpest increase in producer prices in seven months in January, while another report showed the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, opening the door to further rate hikes by the Federal Reserve. This slew of data followed a blockbuster retail sales report and a hotter-than-expected CPI reading. Speeches from St. Louis Fed President James Bullard and his Cleveland counterpart also supported the idea that the US central bank will have to continue to raise interest rates to cool the economy. Money markets have now priced at least three more 25 basis point rate hikes this year and see interest rates peaking at 5.5% by July. 2023-02-17T09:14:34.367"
US Natural Gas Stocks Fall Less than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Fall Less than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities pulled 100 bcf (billion cubic feet) of gas from storage during the week ended February 10, 2023, less than market expectations of a 109 bcf drop as mild weather kept heating demand low. That compares with a decrease of 195 bcf in the same week last year and a five-year (2018-2022) average decline of 166 bcf. Last week's decrease cut stockpiles to 2.266 trillion cubic feet (tcf), 328 bcf higher than last year at this time.2023-02-16T15:50:02.583"
DXY Turns Positive after PPI Data,Currency,"DXY Turns Positive after PPI DataUnited States CurrencyThe dollar index turned positive and rose to above 104 on Thursday, approaching a 6-week high after stronger-than-expected producer price inflation reinforced expectations that the Federal Reserve will need to extend its tightening cycle. US producer prices increased 0.7% month-over-month in January, the most in seven months and higher than market forecasts of 0.4%. Another report showed weekly claims edged down only marginally last week. Earlier this week, retail sales data highlighted the economy’s strength, suggesting the Federal Reserve has more room to hike rates. The latest data also showed that the annual inflation rate in the US slowed slightly to 6.4% in January, the lowest since October 2021 but above market expectations of 6.2%. 2023-02-16T13:50:00"
"US 10-Year Treasury Yield Rises after PPI, Claims Data",Government Bond 10Y,"US 10-Year Treasury Yield Rises after PPI, Claims DataUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, was above 3.8%, a level not seen in more than a month, as investors adjust their portfolios for a higher terminal rate. The closely watched US CPI reading for January landed at 6.4%, the lowest since October 2021, still above economists' forecast of 6.2%. Producer prices also came above forecasts while initial jobless claims surprised on the downside, which supports Fed's view that the labour market remains tight and inflation elevated, opening the door to further rate hikes. Money markets have now priced at least two more 25 basis point rate hikes this year and see interest rates peaking at 5.2% by July.2023-02-16T13:48:52.79"
US Building Permits Rise Less Than Expected,Building Permits,"US Building Permits Rise Less Than ExpectedUnited States Building PermitsBuilding permits in the United States rose 0.1% from a month earlier to a seasonally adjusted annual rate of 1.3 million in January 2023, hovering close to the lowest since May 2020, a preliminary estimate showed. Figures came below market expectations of 1.35 million. Single-family authorizations fell 1.8% to a rate of 718 thousand while the volatile multi-segment rose 2.5% to 621 thousand. Permits increased in the South (+3% to 762 thousand) and Midwest (+1.7% to 178 thousand), but decreased in the Northeast (-7.8% to 106 thousand) and the West (-4.6% to 293 thousand).
2023-02-16T13:41:00"
US Jobless Claims Fall Slightly,Initial Jobless Claims,"US Jobless Claims Fall SlightlyUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits declined to 194 thousand in the week ending February 11th, down from the previous week's revised level of 195 thousand and below market expectations of 200 thousand. The latest value remained close to a nine-month low of 183 thousand hit at the end of January, suggesting US labor market was still tight due in part to reduced labor force participation. This could force employers to raise wages to attract and keep staff, adding to further inflationary pressure in the world's largest economy. The 4-week moving average, which removes week-to-week volatility, increased to 189.5 thousand from last week's 10-month low of 189 thousand. On a non-seasonally adjusted basis, the number of claims was down 9 thousand to 225 thousand, with the largest decreases being recorded in California (-3.7 thousand), Pennsylvania (-2.7 thousand) and Illinois (-1.9 thousand).2023-02-16T13:41:00"
US Housing Starts Fall to 31-Month Low,Housing Starts,"US Housing Starts Fall to 31-Month LowUnited States Housing StartsHousing starts in the United States fell by 4.5 percent from a month earlier to a seasonally adjusted annualized rate of 1.309 million in January of 2023, the lowest since June 2020 and well below market expectations of 1.36 million. Single-family housing starts were down 4.3% to 841 thousand and starts for units in buildings with five units or more decreased by 5.4% to 457 thousand. Starts declined in the Northeast (-42.2% to 119 thousand) and in the Midwest (-25.9% to 123 thousand) but rose in the South (7.3% to 760 thousand) and in the West (5.5% to 307 thousand).2023-02-16T13:35:00"
Philadelphia Factory Activity Shrinks the Most Since 2020,Philadelphia Fed Manufacturing Index,"Philadelphia Factory Activity Shrinks the Most Since 2020United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US plunged to -24.3 in February of 2023, from -8.9 in January, compared to market expectations of -7.4. It was the sixth consecutive month that manufacturing activity remained below pair and the lowest reading since May 2020. The overall activity index continued to fall, the index for new orders remained negative, and the index for shipments continued to be positive but at a low level. The pricing indexes continued to show general gains but were in line with long-run averages, while the employment index decreased but remained in positive territory. Most of the survey's forward-looking indicators were encouraging but somewhat modest, indicating restrained expectations for growth over the following six months.2023-02-16T13:34:00"
Dollar Eases as Fed Outlook Mulled,Currency,"Dollar Eases as Fed Outlook MulledUnited States CurrencyThe dollar index eased to around 103.6 on Thursday, retreating slightly from recent highs as investors reassessed the outlook for US monetary policy. On Wednesday, the dollar reached an over five-week high of 104.11 as stronger-than-expected US retail sales data highlighted the economy’s strength, suggesting the Federal Reserve has more room to hike rates. Latest data also showed that the annual inflation rate in the US slowed slightly to 6.4% in January, the lowest since October 2021 but above market expectations of 6.2%. In the latest Fed commentary, policymakers largely backed more rate increases, with Richmond Fed President Barkin and Dallas Fed President Logan stressing the need for further tightening should inflation persist above the target. Investors now look ahead to US producer inflation and weekly jobless claims data on Thursday.2023-02-16T04:49:13.02"
US Capital Inflows at 6-Month Low,Capital Flows,"US Capital Inflows at 6-Month LowUnited States Capital FlowsThe United States recorded a capital and financial account surplus of $28.6 billion in December of 2022, narrowing from an upwardly revised $213.4 billion surplus in the prior month. Of this, net foreign private inflows were $40 billion, while net foreign official outflows were $11.4 billion. Foreign residents increased their holdings of long-term US securities in the period, with net purchases at $103.3 billion, including $102.3 billion in net purchases by foreign investors and $1 billion from foreign official institutions.
2023-02-15T21:38:00"
"Welltower Inc earnings above expectations at 0.83	 USD",Earnings,"Welltower Inc earnings above expectations at 0.83	 USDUnited States EarningsWelltower Inc (WELL) released earnings per share at 0.83	 USD, compared to market expectations of 0.10 USD.2023-02-15T21:23:42.85"
"Republic Services earnings above expectations at 	1.13 USD",Earnings,"Republic Services earnings above expectations at 	1.13 USDUnited States EarningsRepublic Services (RSG) released earnings per share at 	1.13 USD, compared to market expectations of 1.02 USD.2023-02-15T21:23:14.493"
"AIG earnings above expectations at 	1.36 USD",Earnings,"AIG earnings above expectations at 	1.36 USDUnited States EarningsAIG (AIG) released earnings per share at 	1.36 USD, compared to market expectations of 1.29 USD.2023-02-15T21:21:26.627"
Synopsys earnings above expectations at 2.62 USD,Earnings,"Synopsys earnings above expectations at 2.62 USDUnited States EarningsSynopsys (SNPS) released earnings per share at 2.62 USD, compared to market expectations of 2.50 USD.2023-02-15T21:16:20.867"
"Equinix earnings below expectations at 1.39	 USD",Earnings,"Equinix earnings below expectations at 1.39	 USDUnited States EarningsEquinix (EQIX) released earnings per share at 1.39	 USD, compared to market expectations of 1.74 USD.2023-02-15T21:15:24.167"
Cisco Systems earnings above expectations at 0.88 USD,Earnings,"Cisco Systems earnings above expectations at 0.88 USDUnited States EarningsCisco Systems (CSCO) released earnings per share at 0.88 USD, compared to market expectations of 0.85 USD.2023-02-15T21:14:56.737"
US Crude Stocks Rise More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise More than Expected: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the US surged by 16.283 million barrels to 842.973 million in the week ended February 10th, the highest level since early October. It compares with market expectations of a smaller 1.166 million barrels build. Also, crude stocks at the Cushing, Oklahoma, delivery hub increased by 0.659 million barrels, following a 1.043 million rise. Gasoline stocks rose by 2.316 million barrels, above forecasts of 1.543 million; while distillate stockpiles, including diesel and heating oil, dropped by 1.285 million, versus expectations of a 0.447 million increase. 2023-02-15T15:46:17.757"
US Business Inventories Rise 0.3% as Expected,Business Inventories,"US Business Inventories Rise 0.3% as ExpectedUnited States Business InventoriesManufacturers’ and trade inventories in the US increased by 0.3% from a month earlier in December of 2022, following a downwardly revised 0.3% rise in the prior month, matching market expectations. Stocks rose for manufacturers (0.4 percent vs flat reading in November) and retailers (0.7 percent vs flat reading), while inventory growth eased for merchant wholesalers (0.1 percent vs 0.9 percent). Year-on-year, business inventories jumped by 12.7% in December.2023-02-15T15:04:34.137"
Gold Hovers Near Six-Week Low,Stock Market,"Gold Hovers Near Six-Week LowUnited States Stock MarketGold bottomed below the $1,850/oz mark, a level not seen since early January, as signs of a resilient US economy paved the way for the Federal Reserve to hike interest rates. The Commerce Department report showed retail sales rebounded 3% in January, a sharper increase than expected, complicating the Federal Reserve's task to cool the economy. At the same time, the annual inflation rate in the US slowed slightly to 6.4% in January from 6.5% in December, the lowest since October 2021 but above market expectations of 6.2%. The latest Fed commentary also showed that policymakers largely backed more rate increases. However, Philadelphia Fed Bank President Patrick Harker said the Fed was nearing the point where rates were restrictive enough. 2023-02-15T14:46:00"
US Capacity Utilization Rate Falls to Lowest since 2021,Capacity Utilization,US Capacity Utilization Rate Falls to Lowest since 2021United States Capacity UtilizationCapacity utilization in rate in the US fell to 78.3% in January of 2023 from a downwardly revised 78.4% in December and well below forecasts of 79%. It is the lowest rate since September of 2021 and 1.3 percentage points below its long-run average. Capacity utilization for utilities fell to a record low of 68.6% while the operating rate for mining rose 1.6 percentage points to 89% and the one for manufacturing increased 0.6 percentage point to 77.7%.2023-02-15T14:31:18.437
US Manufacturing Output Rises More than Forecast,Manufacturing Production MoM,"US Manufacturing Output Rises More than ForecastUnited States Manufacturing Production MoMManufacturing production in the United States moved up 1.0 percent in January 2023 after falling by a revised 1.8 percent in December, beating market expectations of a 0.8 percent increase. Durable, nondurable, and other manufacturing recorded advances of 0.8 percent, 1.1 percent, and 2.2 percent, respectively. Within durables, output rose for nonmetallic mineral products (2.4 percent), machinery (1.7 percent), computer and electronic products (1.1 percent), electrical equipment, appliances, and components (1.3 percent), and aerospace and miscellaneous transportation equipment (1.1 percent). Within nondurables, the production of chemicals and food, beverage, and tobacco products advanced 1.6 and 1.7 percent, respectively.2023-02-15T14:28:05.163"
US Industrial Output Unexpectedly Unchanged,Industrial Production Mom,"US Industrial Output Unexpectedly UnchangedUnited States Industrial Production MomIndustrial production in the United States was unchanged in January 2023 after falling by a revised 1.0 percent in December, missing market expectations of a 0.5 percent increase. The output of utilities fell 9.9 percent, as a swing from unseasonably cool weather in December to unseasonably warm weather in January depressed the demand for heating, while manufacturing output moved up 1.0 percent and mining output rose 2.0 percent. On a yearly basis, industrial output rose 0.8 percent in January, the least since March 2021.2023-02-15T14:18:00"
Biogen earnings above expectations at 4.05 USD,Earnings,"Biogen earnings above expectations at 4.05 USDUnited States EarningsBiogen (BIIB) released earnings per share at 4.05 USD, compared to market expectations of 3.48 USD.2023-02-15T12:39:21.227"
Kraft Heinz earnings above expectations at 0.85 USD,Earnings,"Kraft Heinz earnings above expectations at 0.85 USDUnited States EarningsKraft Heinz (KHC) released earnings per share at 0.85 USD, compared to market expectations of 0.78 USD.2023-02-15T12:39:19.127"
Analog Devices earnings above expectations at 2.75 USD,Earnings,"Analog Devices earnings above expectations at 2.75 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 2.75 USD, compared to market expectations of 2.61 USD.2023-02-15T12:39:14.9"
US Mortgage Rates Rise for 1st Time in Six Weeks,Mortgage Rate,"US Mortgage Rates Rise for 1st Time in Six WeeksUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased for the first time in six weeks to 6.39% in the week ended February 10th 2023 from 6.18%, which was the lowest since September. The increase decline in mortgage rates tracks a rise in Treasury yields amid expectations the Fed would need to keep monetary policy restrictive for a longer period. The rate in now at the highest level since the first week of the year and compares with 4.05% one year ago.2023-02-15T12:12:58.997"
US Mortgage Applications Sink as Rates Move Higher,Mortgage Applications,"US Mortgage Applications Sink as Rates Move HigherUnited States Mortgage ApplicationsMortgage applications in the US sank 7.7% in the week ended February 10th, 2023, erasing a 7.4% jump in the previous week, data from the Mortgage Bankers Association showed. Applications to refinance a home loan plunged 12.5% and those to purchase a home loan went down 5.5%. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) jumped 21bps to 6.39%, the highest in five weeks. “Mortgage rates increased across the board last week, pushed higher by market expectations that inflation will persist, thus requiring the Federal Reserve to keep monetary policy restrictive for a longer time,” said Joel Kan, MBA’s vice president and deputy chief economist.2023-02-15T12:07:00"
Dollar Finds Footing on Hawkish Fed Bets,Currency,"Dollar Finds Footing on Hawkish Fed BetsUnited States CurrencyThe dollar index strengthened above 103 on Wednesday, finding some support after a stronger-than-expected US CPI report bolstered expectations the Federal Reserve will need to keep pushing interest rates higher to bring down inflation. The annual inflation rate in the US slowed slightly to 6.4% in January from 6.5% in December, the lowest since October 2021 but above market expectations of 6.2%. The latest Fed commentary also showed that policymakers largely backed more rate increases, though Philadelphia Fed Bank President Patrick Harker said the Fed was nearing the point where rates were restrictive enough. Investors now look ahead to US retail sales data for more clues about the economy. The dollar strengthened across the board, with the most pronounced buying activity against the Australian and New Zealand dollars.2023-02-15T04:07:00"
US Crude Oil Inventories Beat Estimates: API,API Crude Oil Stock Change,"US Crude Oil Inventories Beat Estimates: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States jumped by 10.507 million barrels in the week ended February 10th, 2023, following a 2.184 million barrels drop in the previous week, data from the American Petroleum Institute showed. It was the highest weekly gain since the first week of January 2023, compared with market expectations of a 0.321 million barrels increase.
2023-02-14T21:42:00"
Devon Energy earnings below expectations at 1.66 USD,Earnings,"Devon Energy earnings below expectations at 1.66 USDUnited States EarningsDevon Energy (DVN) released earnings per share at 1.66 USD, compared to market expectations of 1.77 USD.2023-02-14T21:13:42.733"
Airbnb Inc earnings above expectations at 0.48 USD,Earnings,"Airbnb Inc earnings above expectations at 0.48 USDUnited States EarningsAirbnb Inc (ABNB) released earnings per share at 0.48 USD, compared to market expectations of 0.25 USD.2023-02-14T21:09:59.52"
Dollar Steady Near One-Month High,Currency,"Dollar Steady Near One-Month HighUnited States CurrencyThe dollar index traded around 103.5 on Tuesday, hovering close to levels not seen since early January, with hotter-than-expected US inflation dashing hopes that the Federal Reserve will soon end its tightening campaign. The annual inflation rate in the US slowed only slightly to 6.4% in January from 6.5% in December, less than market forecasts of 6.2%, suggesting that getting inflation under control will take more time than expected. At the same time, a chorus of Fed officials reaffirmed their commitment to bring down inflation with more rate increases. The most pronounced selling activity was against the euro and the British pound. On the flip side, the dollar appreciated against the Japanese yen following the surprise nomination of Kazuo Ueda as the next Bank of Japan governor. 2023-02-14T17:09:32.38"
US 10-Year Treasury Yield Approaches 3.8%,Government Bond 10Y,"US 10-Year Treasury Yield Approaches 3.8%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, approached 3.8%, a level not seen in more than a month, as investors adjust their portfolios for a higher terminal rate. The closely watched US CPI reading for January landed at 6.4%, the lowest since October 2021, still above economists' forecast of 6.2%, opening the door to further rate hikes by the Federal Reserve. At the same time, Dallas Fed President Lorie Logan was the last official to warn that borrowing costs may need to go higher than expected. Money markets have now priced at least two more 25 basis point rate hikes this year and see interest rates peaking at 5.2% by July. Looking ahead, Wall Street and the Fed are again in a standoff on the future path of interest rates, with the former betting on a rate cut later this year while the latter reaffirmed its view that interest rates will stay higher for longer.2023-02-14T16:44:00"
US Energy Inflation Edges Higher to 8.7%,Energy Inflation,"US Energy Inflation Edges Higher to 8.7%United States Energy InflationThe cost of energy in the US increased at a faster 8.7% year-on-year in January 2023, compared with a 7.3% rise in the previous month, which was the lowest reading since February of 2021. Prices accelerated for natural gas (26.7% vs 19.3% in December) and rebounded slightly for gasoline (1.5% vs -1.5%). Meanwhile, there was a slowdown in prices of fuel oil (27.7% vs 41.5%) and electricity (11.9% vs 14.3%).2023-02-14T13:45:00"
"US CPI Rises 0.5% in January, Most in Three Months",Inflation Rate MoM,"US CPI Rises 0.5% in January, Most in Three MonthsUnited States Inflation Rate MoMConsumer prices in the US increased 0.5% month-over-month in January of 2023, the most in three months, and in line with the market forecast. The index for shelter was by far the largest contributor (0.7%), accounting for nearly half of the monthly all-items increase followed by food (0.5%), gasoline (2.4%), and natural gas (6.7%). Increases were also seen for prices of motor vehicle insurance (1.4%), recreation (0.5%), and apparel (0.8%).2023-02-14T13:44:00"
US 10-Year Yield Slightly Down After CPI Report,Government Bond 10Y,"US 10-Year Yield Slightly Down After CPI ReportUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, was slightly down at 3.69% on Tuesday, reversing an initial jump that sent the yield to above 3.7%, as investors assessed the latest CPI report out of the US. Inflation in the world's largest economy eased to 6.4% in January, the lowest since October 2021, but slightly above market expectations of 6.2%, suggesting US policymakers will continue to raise rates to combat inflation. Last week, Fed Chair Jerome Powell acknowledged that rates may need to move higher than expected if the US economic strength threatens the Fed's progress in lowering inflation.2023-02-14T13:44:00"
US Food Inflation Eases to 8-Month Low,Food Inflation,"US Food Inflation Eases to 8-Month LowUnited States Food InflationFood prices in the United States increased at a slower 10.1% from a year earlier in January 2023, decelerating from a 10.4% rise in December and a peak of 11.4% in August. It was the lowest reading since May 2022, as prices slowed down further for both food at home (11.3% vs 11.8% in December) and food away from home (8.2% vs 8.3%).2023-02-14T13:39:00"
DXY Falls Further after CPI Data,Currency,"DXY Falls Further after CPI DataUnited States CurrencyThe dollar index fell to 102.6 on Tuesday, after inflation data showed consumer prices continued to moderate in the new year though at a slower pace than previously thought. The annual inflation rate in the US slowed only slightly to 6.4% in January from 6.5% in December, less than market forecasts of 6.2%. Still, it is the lowest reading since October of 2021. It comes after a chorus of Federal Reserve officials reaffirmed their commitment to bring down inflation with more rate increases in various statements. Fed Chair Jerome Powell also noted that rates could peak higher than anticipated if the jobs market remains robust and if inflation numbers do not abate. Moreover, the New York Fed’s latest inflation survey for January showed that Americans continued to expect elevated near-term inflation pressures.2023-02-14T13:36:00"
US Core CPI Rises 0.4% MoM as Expected,Core Inflation Rate MoM,"US Core CPI Rises 0.4% MoM as ExpectedUnited States Core Inflation Rate MoMUS core consumer prices, which exclude volatile items such as food and energy, went up by 0.4% from a month earlier in January 2023, the same pace as in the prior month and in line with market estimates. The indexes for shelter, motor vehicle insurance, recreation, apparel, and household furnishings and operations increased; while the indexes for used cars and trucks, medical care, and airline fares were among those that decreased. Year-on-year, core consumer prices advanced 5.6%, down from a 5.7% increase in December, but slightly above market forecasts of a 5.5% rise.2023-02-14T13:31:00"
US Stock Futures Tick Higher Ahead of CPI Data,Stock Market,"US Stock Futures Tick Higher Ahead of CPI Data United States Stock MarketUS stock futures tracking the broader market were slightly higher on Tuesday as investors refrained from placing big bets until the release of US inflation data that will be key in influencing the pace of future interest rate hikes. Headline inflation in the US is likely to have slowed further to 6.2% in January, the lowest since October 2021, but accelerating by 0.5% month-over-month. Today’s reading will reveal whether investor optimism over a less aggressive Federal Reserve has foundations, with a hotter-than-expected print likely to harm risk assets. On the corporate front, Coca-Cola rose 1% in premarket trading after reporting quarterly revenue that topped analysts’ forecasts. In regular trading on Monday, the Dow gained 1.1%, the S&P 500 jumped 1.2%, and the Nasdaq Composite rallied 1.5%. 2023-02-14T12:24:00"
Coca-Cola earnings meet market expectations at 0.45 USD,Earnings,"Coca-Cola earnings meet market expectations at 0.45 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.45 USD, in line with market expectations.2023-02-14T12:16:47.9"
Dollar Eases Ahead of US Inflation Data,Currency,"Dollar Eases Ahead of US Inflation DataUnited States CurrencyThe dollar index fell toward 103 on Tuesday, sliding for the second straight session as investors cautiously awaited the US CPI report which is expected to show that inflationary pressures eased further in January. Meanwhile, a chorus of Federal Reserve officials reaffirmed their commitment to bring down inflation with more rate increases in various statements. Fed Chair Jerome Powell also noted that rates could peak higher than anticipated if the jobs market remains robust and if inflation numbers do not abate. Moreover, the New York Fed’s latest inflation survey for January showed that Americans continued to expect elevated near-term inflation pressures. The dollar weakened slightly across the board, with the most pronounced selling activity against the Japanese yen.2023-02-14T05:27:00"
Arista Networks earnings above expectations at 1.41 USD,Earnings,"Arista Networks earnings above expectations at 1.41 USDUnited States EarningsArista Networks (ANET) released earnings per share at 1.41 USD, compared to market expectations of 1.21 USD.2023-02-13T21:29:35.66"
Cadence Design Systems earnings above expectations at 0.96 USD,Earnings,"Cadence Design Systems earnings above expectations at 0.96 USDUnited States EarningsCadence Design Systems (CDNS) released earnings per share at 0.96 USD, compared to market expectations of 0.92 USD.2023-02-13T21:29:05.3"
Dollar Steady Ahead of Key US CPI Data,Currency,"Dollar Steady Ahead of Key US CPI DataUnited States CurrencyThe dollar index held near 103.5 on Monday, hovering close to levels not seen since early January, as investors awaited US inflation on Tuesday for clues on the central bank's rate-hike path. A chorus of Fed officials reaffirmed their commitment to bring down inflation with more rate increases. Fed Chair Jerome Powell was among those who reiterated such a view, warning that rates could peak higher than anticipated if the jobs market remains robust and if inflation numbers do not abate, dashing hopes that this tightening cycle would soon end. Meanwhile, the New York Federal Reserve's latest inflation survey showed that Americans in January continued to expect elevated near-term inflation pressures. The dollar came under pressure against antipodean currencies such as the Australian and New Zealand dollars while appreciating further against the Japanese yen as investors are coming to terms with the fact that BoJ governor Ueda won't be as hawkish as initially expected.2023-02-13T16:21:07.52"
US Stocks Rise Ahead of Key Economic Data,Stock Market,"US Stocks Rise Ahead of Key Economic DataUnited States Stock MarketThe Dow added almost 300 points on Monday, while the S&P 500 and Nasdaq 100 were up 0.9% and 1.3%, respectively, as investors were digesting the latest comments from Fed officials and awaited the US inflation report due out later this week for clues about the path of interest rates. On the one hand, Fed Governor Michelle Bowman was among the latest officials to warn that interest rates would need to keep rising. On the other, Tuesday's CPI report will likely show that annual inflation slowed to 6.2% in January, the lowest since October 2021, reigniting hopes for a policy pivot despite the persistently tight labor market. On the corporate side, Facebook-parent Meta rallied roughly 3.5% on reports of fresh layoffs. Other mega-cap companies, including Amazon.com, Apple, and Microsoft, added between 1.5% and 3.5%.2023-02-13T14:35:00"
Fidelity National Information Services earnings above expectations at 1.71 USD,Earnings,"Fidelity National Information Services earnings above expectations at 1.71 USDUnited States EarningsFidelity National Information Services (FIS) released earnings per share at 1.71 USD, compared to market expectations of 1.70 USD.2023-02-13T13:27:44.627"
US Stock Futures Rise,Stock Market,"US Stock Futures Rise United States Stock MarketStock futures contracts tied to the Dow Jones rose 0.1% on Monday, while those linked to the S&P 500 and Nasdaq were up 0.3% and 0.6%, respectively, as investors awaited fresh inflation data due out later this week. Rate-sensitive companies, including Amazon.com, Google parent Alphabet, Tesla, and Microsoft, added between 0.5% and 1.5% in premarket trading. While a persistently tight labor market has been a headache for markets and the Fed, with policymakers reiterating last week that interest rates would need to keep rising, further evidence of cooling prices could reignite hopes for a policy pivot. On the earnings front, several blue chip companies, including  Coca-Cola, Cisco, and Applied Materials, report this week.2023-02-13T12:57:00"
US Futures Edge Lower on Rate Concerns,Stock Market,"US Futures Edge Lower on Rate ConcernsUnited States Stock MarketUS stock futures edged lower on Monday as investors fretted about the prospect of higher interest rates ahead of key US inflation data this week. Dow and S&P 500 futures fell about 0.2%, while Nasdaq 100 futures dropped 0.3%. Last week, the Dow shed 0.17%, the S&P 500 fell 1.11% and the Nasdaq Composite dropped 2.41%. Those losses came on the heels of hawkish signals from Fed officials who reaffirmed their commitment to bring down inflation with more rate hikes. Fed Chair Jerome Powell also noted that rates could peak higher than anticipated if the jobs market remains robust and if inflation numbers do not abate, dashing hopes of a pause in rate hikes. Investors now look ahead to US inflation data on Tuesday that could guide the rates outlook, as well as more corporate earnings from major US firms this week such as Coca-Cola, Cisco and Applied Materials.2023-02-12T23:58:00"
US 10-Year Treasury Yield Tops 3.7%,Government Bond 10Y,"US 10-Year Treasury Yield Tops 3.7%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, topped 3.7%, a level not seen in more than a month, as investors adjust their portfolios for a higher terminal rate. Richmond Federal Reserve president Thomas Barkin was among the latest officials to acknowledge that the US economy is slowing but warning that it is fundamental to continue hiking to ensure inflation doesn't get entrenched. Investors now see the Fed raising the fed funds rate to 5%-5.25%, with the world's most influential central bank delivering a 25 bps hike in March and May before pausing. Looking ahead, Wall Street and the Fed are again in a standoff on the future path of interest rates, with the former betting on a rate cut later this year while the latter reaffirmed its view that interest rates will stay higher for longer.2023-02-10T11:02:16.143"
Mettler Toledo International earnings above expectations at 12.00 USD,Earnings,"Mettler Toledo International earnings above expectations at 12.00 USDUnited States EarningsMettler Toledo International (MTD) released earnings per share at 12.00 USD, compared to market expectations of 11.67 USD.2023-02-10T09:43:27.727"
Thomson Reuters earnings above expectations at 0.98 CAD,Earnings,"Thomson Reuters earnings above expectations at 0.98 CADUnited States EarningsThomson Reuters (TRI) released earnings per share at 0.98 CAD, compared to market expectations of 0.88 CAD.2023-02-10T09:43:09.26"
Dollar Stabilizes Ahead of Inflation Data,Currency,"Dollar Stabilizes Ahead of Inflation DataUnited States CurrencyThe dollar index stabilized above 103 on Friday as investors look ahead to US inflation data next week for clues about the trajectory of Federal Reserve interest rate hikes. Investors also heeded hawkish signals from Fed officials this week who reaffirmed their commitment to bring inflation down with further policy tightening, against the backdrop of robust jobs numbers. Meanwhile, investors remain cautious about escalating risks of a recession and signs of cooling inflation in the US. Fed Chair Jerome Powell said earlier this week that the disinflationary process has started, but warned of more rate increases if the jobs market remains strong. Investors now look ahead to more central bank commentary and US consumer sentiment data on Friday.2023-02-10T04:05:44.347"
"Motorola Solutions Msi earnings above expectations at 3.6	 USD",Earnings,"Motorola Solutions Msi earnings above expectations at 3.6	 USDUnited States EarningsMotorola Solutions Msi (MSI) released earnings per share at 3.6	 USD, compared to market expectations of 3.43 USD.2023-02-09T21:25:12.96"
Dexcom earnings above expectations at 0.34 USD,Earnings,"Dexcom earnings above expectations at 0.34 USDUnited States EarningsDexcom (DXCM) released earnings per share at 0.34 USD, compared to market expectations of 0.27 USD.2023-02-09T21:21:41.437"
PayPal earnings above expectations at 1.24 USD,Earnings,"PayPal earnings above expectations at 1.24 USDUnited States EarningsPayPal (PYPL) released earnings per share at 1.24 USD, compared to market expectations of 1.20 USD.2023-02-09T21:21:03.873"
US Natural Gas Storage Falls More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Storage Falls More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities pulled 217 bcf (billion cubic feet) of gas from storage during the week ended February 3, 2023, more than market expectations of a 195 bcf drop as cold weather boosted demand for gas to heat homes and businesses. That compares with a decrease of 228 bcf in the same week last year and a five-year (2018-2022) average decline of 171 bcf. Last week's decrease cut stockpiles to  2.366 trillion cubic feet (tcf), or 117 Bcf above the five-year average of 2.249 tcf for this time of year. At 2.366 trillion bcf, total working gas is within the five-year historical range.2023-02-09T15:41:00"
Hilton Worldwide earnings above expectations at 1.59 USD,Earnings,"Hilton Worldwide earnings above expectations at 1.59 USDUnited States EarningsHilton Worldwide (HLT) released earnings per share at 1.59 USD, compared to market expectations of 1.23 USD.2023-02-09T14:06:26.007"
Apollo Global Management earnings below expectations at 1.49 USD,Earnings,"Apollo Global Management earnings below expectations at 1.49 USDUnited States EarningsApollo Global Management (APO) released earnings per share at 1.49 USD, compared to market expectations of 1.50 USD.2023-02-09T14:06:23.907"
Thomson Reuters USA earnings above expectations at 0.73 USD,Earnings,"Thomson Reuters USA earnings above expectations at 0.73 USDUnited States EarningsThomson Reuters USA (TRI) released earnings per share at 0.73 USD, compared to market expectations of 0.65 USD.2023-02-09T14:06:18.67"
Duke Energy earnings above expectations at 1.11 USD,Earnings,"Duke Energy earnings above expectations at 1.11 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.11 USD, compared to market expectations of 1.06 USD.2023-02-09T14:06:16.593"
S&P Global Inc earnings above expectations at 2.54 USD,Earnings,"S&P Global Inc earnings above expectations at 2.54 USDUnited States EarningsS&P Global Inc (SPGI) released earnings per share at 2.54 USD, compared to market expectations of 2.48 USD.2023-02-09T14:06:12.897"
Philip Morris International earnings above expectations at 1.39 USD,Earnings,"Philip Morris International earnings above expectations at 1.39 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.39 USD, compared to market expectations of 1.24 USD.2023-02-09T14:06:08.697"
AbbVie earnings above expectations at 3.60 USD,Earnings,"AbbVie earnings above expectations at 3.60 USDUnited States EarningsAbbVie (ABBV) released earnings per share at 3.60 USD, compared to market expectations of 3.53 USD.2023-02-09T14:06:02.233"
PepsiCo earnings above expectations at 1.67 USD,Earnings,"PepsiCo earnings above expectations at 1.67 USDUnited States EarningsPepsiCo (PEP) released earnings per share at 1.67 USD, compared to market expectations of 1.65 USD.2023-02-09T11:26:28.697"
Dollar Steadies as Traders Mull Fed Outlook,Currency,"Dollar Steadies as Traders Mull Fed OutlookUnited States CurrencyThe dollar index steadied above 103 on Thursday, remaining sideways in recent sessions as investors assessed the latest Federal Reserve commentary, where officials reaffirmed their commitment to bringing down inflation with more rate hikes. Meanwhile, Fed Chair Jerome Powell sounded less hawkish than expected earlier this week, saying the disinflationary process has started despite warning of further policy tightening if the jobs market remains strong. The latest data showed that the US economy added 517K jobs in January, the most since July and well above the market expectations of 185K. Fed Governor Christopher Waller said that robust jobs numbers could fuel consumer spending that would maintain upward pressure on inflation. Investors now look ahead to US inflation data due next week.2023-02-09T04:06:52.883"
"O'Reilly Automotive earnings above expectations at 8.37	 USD",Earnings,"O'Reilly Automotive earnings above expectations at 8.37	 USDUnited States EarningsO'Reilly Automotive (ORLY) released earnings per share at 8.37	 USD, compared to market expectations of 7.75 USD.2023-02-08T21:40:36.723"
Walt Disney earnings above expectations at 0.99 USD,Earnings,"Walt Disney earnings above expectations at 0.99 USDUnited States EarningsWalt Disney (DIS) released earnings per share at 0.99 USD, compared to market expectations of 0.79 USD.2023-02-08T21:22:17.59"
US Crude Stocks Rise for 7th Week: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise for 7th Week: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the US rose by 2.423 million barrels in the week ended February 3rd, 2023, compared with market expectations of a 2.457-million-barrel increase, the latest US Energy Information Administration report showed. Also, crude stocks at the Cushing, Oklahoma, delivery hub increased by 1.043 million barrels, following a 2.315 million build. Gasoline stocks rose by 5.008 million barrels, above forecasts of 1.271 million; and distillate stockpiles, including diesel and heating oil, advanced by 2.932 million, versus expectations of a 0.097 million increase. 2023-02-08T15:39:46.133"
US Wholesale Inventories Growth Slows to Near 1-1/2-Year Low,Wholesale Inventories,"US Wholesale Inventories Growth Slows to Near 1-1/2-Year LowUnited States Wholesale InventoriesWholesale inventories in the United States went up by 0.1% from a month earlier to $932.9 billion in December 2022, in line with preliminary estimates and slowing from the 0.9% rise in the previous month. It was the smallest increase in wholesale inventories since July 2020, suggesting that businesses were scaling down their restocking efforts as demand weakens amid tighter financial conditions. Inventories rose at a slower pace for durable goods (0.9% vs 1% in November) and stocks of non-durable goods decreased (-1.2% vs 0.8%), especially for petroleum (-5.8% vs 2.2%), farm products (-3.6% vs -1.9%), apparel (-2.3% vs 2.4%) and paper (-2.3% vs -0.8%). On an annual basis, wholesale inventories rose by 17.6%, slightly below an earlier reading of 17.8%.2023-02-08T15:06:00"
Dominion Resources earnings above expectations at 1.06 USD,Earnings,"Dominion Resources earnings above expectations at 1.06 USDUnited States EarningsDominion Resources (D) released earnings per share at 1.06 USD, compared to market expectations of 1.04 USD.2023-02-08T13:29:09.92"
Yum Brands earnings above expectations at 1.31 USD,Earnings,"Yum Brands earnings above expectations at 1.31 USDUnited States EarningsYum Brands (YUM) released earnings per share at 1.31 USD, compared to market expectations of 1.26 USD.2023-02-08T12:26:38"
Emerson Electric earnings below expectations at 0.78 USD,Earnings,"Emerson Electric earnings below expectations at 0.78 USDUnited States EarningsEmerson Electric (EMR) released earnings per share at 0.78 USD, compared to market expectations of 0.87 USD.2023-02-08T12:26:33.79"
CME earnings above expectations at 1.92 USD,Earnings,"CME earnings above expectations at 1.92 USDUnited States EarningsCME (CME) released earnings per share at 1.92 USD, compared to market expectations of 1.88 USD.2023-02-08T12:26:31.677"
CVS Health earnings above expectations at 1.99 USD,Earnings,"CVS Health earnings above expectations at 1.99 USDUnited States EarningsCVS Health (CVS) released earnings per share at 1.99 USD, compared to market expectations of 1.92 USD.2023-02-08T12:26:25.887"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open Lower  United States Stock MarketStock futures contracts tied to the Dow and the S&P 500 were down roughly 0.3% each on Wednesday, while those linked to the Nasdaq 100 were trading virtually flat as investors paused to assess the latest Powell-induced rally. Speaking at an event in Washington, Fed Chair Jerome Powell reiterated that the disinflationary process has begun and that the Fed has the tools to bring down inflation to its 2% target. Still, he warned that if robust labor data persists, the terminal level of the Fed funds may be higher than expected. On the corporate side, Uber surged more than 6% in premarket trading after reporting better-than-expected fourth-quarter earnings and revenue. In regular trading on Tuesday, the Dow gained 0.8%, while the S&P 500 and Nasdaq 100 rallied 1.3% and 2.1%, respectively. 2023-02-08T12:23:00"
Uber earnings above expectations at 0.29 USD,Earnings,"Uber earnings above expectations at 0.29 USDUnited States EarningsUber (UBER) released earnings per share at 0.29 USD, compared to market expectations of -0.15 USD.2023-02-08T12:18:17.897"
US Mortgage Rates Fall for 5th Week: MBA,Mortgage Rate,"US Mortgage Rates Fall for 5th Week: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) edged down 1bps to 6.18%, to hit a new low since September. The decline in mortgage rates tracks a fall in Treasury yields amid rising expectations the Federal Reserve will slow the pace of rate increases.2023-02-08T12:07:25.913"
Dollar Steadies as Traders Mull Fed Outlook,Currency,"Dollar Steadies as Traders Mull Fed OutlookUnited States CurrencyThe dollar index steadied above 103 on Wednesday after being pressured in the previous session, as Federal Reserve Chair Jerome Powell's latest remarks sounded less hawkish than anticipated. The official confirmed the start of disinflationary processes but warned more rate hikes would be needed, and the terminal rate could peak higher if the jobs market remains strong. The latest data showed that the US economy added 517K jobs in January, the most since July and well above the market expectations of 185K. At the same time, ISM data pointed to a solid services sector, adding to persistent inflation concerns and bolstering the case for tightening. Investors now look ahead to a slew of US economic data and more Fed commentary on Wednesday for further guidance.2023-02-08T03:47:00"
Prudential Financial earnings below expectations at 2.42 USD,Earnings,"Prudential Financial earnings below expectations at 2.42 USDUnited States EarningsPrudential Financial (PRU) released earnings per share at 2.42 USD, compared to market expectations of 2.52 USD.2023-02-07T21:23:28.917"
Vertex Pharmaceuticals earnings above expectations at 3.79 USD,Earnings,"Vertex Pharmaceuticals earnings above expectations at 3.79 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 3.79 USD, compared to market expectations of 3.53 USD.2023-02-07T21:22:58.487"
Fortinet earnings above expectations at 0.44 USD,Earnings,"Fortinet earnings above expectations at 0.44 USDUnited States EarningsFortinet (FTNT) released earnings per share at 0.44 USD, compared to market expectations of 0.39 USD.2023-02-07T21:21:50.367"
"Chipotle Mexican Grill earnings below expectations at 8.29	 USD",Earnings,"Chipotle Mexican Grill earnings below expectations at 8.29	 USDUnited States EarningsChipotle Mexican Grill (CMG) released earnings per share at 8.29	 USD, compared to market expectations of 8.92 USD.2023-02-07T21:21:19.437"
US Consumer Credit Growth Misses Forecasts,Consumer Credit,"US Consumer Credit Growth Misses ForecastsUnited States Consumer CreditTotal consumer credit in the US went up $11.65 billion in December of 2022, after a $27.96 billion rise in the previous month and missing market expectations of a $25 billion rise. On an annual basis, consumer credit was up by 2.9 percent in December after a 7.1 percent gain in the prior month. Revolving credit, like credit cards, was up 7.3 percent, compared to a 16.9 percent rise in the prior month. Nonrevolving credit, typically auto and student loans, increased by 1.5 percent, following a 3.9 percent gain in the prior month.
2023-02-07T20:12:03.433"
Powell Says Interest Rates Are Likely to Rise Further,Interest Rate,"Powell Says Interest Rates Are Likely to Rise FurtherUnited States Interest RateFed Chair Jerome Powell reiterated that the disinflationary process has begun, particularly in the goods sector, and that the Fed has the tools to bring down inflation to its 2% target when speaking at the Economic Club of Washington. At the same time, when asked about the strong January jobs report, Powell's comments did not suggest that it would change the central bank's approach to future rate increases. However, he warned that if robust labor data persists, the terminal level of the Fed funds may be higher. The Federal Reserve raised the target range for the fed funds rate by 25bps to 4.5%-4.75% in its February 2023 meeting, dialing back the size of the increase for a second straight meeting but still pushing borrowing costs to the highest since 2007. 2023-02-07T18:48:00"
DXY Loses Upside Momentum,Currency,"DXY Loses Upside Momentum United States CurrencyThe dollar weakened against a basket of major currencies on Tuesday, pulling back from a one-month peak of around 104 to hit a session low of 103, as remarks from Fed Chair Jerome Powell spooked investors. The head of the US central bank once again reassured markets that the disinflationary process has begun, particularly in the goods sector, while saying that the Fed has the tools to bring down inflation to its 2% target. At the same time, when asked about the strong January jobs report, Powell's comments did not suggest that it would change the central bank's approach to future rate increases. However, he warned that if robust labor data persists, the terminal level of the Fed funds may be higher. 2023-02-07T18:36:00"
US Imports Rebound from 11-Month Low,Imports,"US Imports Rebound from 11-Month LowUnited States ImportsImports to the United States increased by USD 4.2 billion to USD 317.6 billion in December 2022, up from the previous month's 11-month low of USD 313.4 billion, suggesting a rebound in domestic demand following a slowdown in inflation. Purchases of goods were up USD 4.5 billion, boosted by consumer goods (up USD 4.1 billion), in particular cell phones and other household goods, as well as automotive vehicles, parts, and engines (up USD 2.9 billion). Meanwhile, imports of industrial supplies and materials declined USD 2.7 billion, led by fuel oil and organic chemicals. Finally, imports of services decreased USD 0.3 billion, due to travel and transport. Considering 2022 full year, imports increased USD 556.1 billion from 2021 to USD 3.96 trillion.2023-02-07T13:45:00"
US Exports Fall to 9-Month Low,Exports,"US Exports Fall to 9-Month LowUnited States ExportsExports from the United States decreased by USD 2.2 billion to USD 250.2 billion in December 2022, down for a fourth consecutive month to the lowest level since March, as stubbornly high inflation and rising borrowing costs across the globe hit demand. Exports of goods dropped USD 2.9 billion, dragged by lower sales of industrial supplies and materials (down USD 3.1 billion), in particular non-monetary gold and crude oil, and consumer goods (down USD 1.0 billion) such as jewelry and pharmaceutical preparations. Meanwhile, exports of foods, feeds, and beverages increased USD 0.7 billion. Exports of services were also up USD 0.7 billion on the back of travel, transport and other business services. Considering 2022 full year, exports increased USD 453.1 billion from 2021 to USD 3.01 trillion.2023-02-07T13:42:00"
Carrier Global Corp earnings meet market expectations at 0.40 USD,Earnings,"Carrier Global Corp earnings meet market expectations at 0.40 USDUnited States EarningsCarrier Global Corp (CARR) released earnings per share at 0.40 USD, in line with market expectations.2023-02-07T12:45:03.18"
TransDigm earnings above expectations at 4.58 USD,Earnings,"TransDigm earnings above expectations at 4.58 USDUnited States EarningsTransDigm (TDG) released earnings per share at 4.58 USD, compared to market expectations of 4.27 USD.2023-02-07T12:45:01.037"
KKR & Co LP earnings below expectations at 0.09 USD,Earnings,"KKR & Co LP earnings below expectations at 0.09 USDUnited States EarningsKKR & Co LP (KKR) released earnings per share at 0.09 USD, compared to market expectations of 0.85 USD.2023-02-07T12:44:58.937"
Fiserv earnings meet market expectations at 1.91 USD,Earnings,"Fiserv earnings meet market expectations at 1.91 USDUnited States EarningsFiserv (FISV) released earnings per share at 1.91 USD, in line with market expectations.2023-02-07T12:44:57.51"
Dupont De Nemours Inc earnings above expectations at 0.89 USD,Earnings,"Dupont De Nemours Inc earnings above expectations at 0.89 USDUnited States EarningsDupont De Nemours Inc (DD) released earnings per share at 0.89 USD, compared to market expectations of 0.78 USD.2023-02-07T11:20:11.453"
Centene earnings above expectations at 0.86 USD,Earnings,"Centene earnings above expectations at 0.86 USDUnited States EarningsCentene (CNC) released earnings per share at 0.86 USD, compared to market expectations of 0.82 USD.2023-02-07T11:20:08.103"
UK Stocks Rise Led by BP,Stock Market,"UK Stocks Rise Led by BPUnited States Stock MarketThe FTSE 100 rose 0.5% to above 7,870 on Wednesday, heading back to record levels hit on Monday and outperforming its regional peers, boosted by a nearly 4% gain in oil major BP. The oil company reported record annual profits, raised its fourth-quarter dividend by 10%, launched a US$2.75bn share buy-back and raised earnings targets out to 2030. On the data front, the Halifax house price index increased by 1.9% from a year earlier in January of 2023, the least since October 2019. Meanwhile, investors await key speeches by US Fed Chair Jerome Powell and Bank of England's Huw Pill due later today for further cues on the central banks' next moves.2023-02-07T08:27:00"
Dollar Steadies Ahead of Powell Speech,Currency,"Dollar Steadies Ahead of Powell SpeechUnited States CurrencyThe dollar index steadied around 103.5 on Tuesday after gaining more than 2% in the past three sessions, as investors cautiously awaited Federal Reserve Chair Jerome Powell’s speech at the Economic Club of Washington for further clues about the central bank’s plans. The market reassessed the outlook for monetary policy as stronger-than-expected US jobs data suggested the Fed could deliver further hikes, at odds with Powell’s previous disinflation remarks, signaling a dovish pivot. The US economy added 517K jobs in January, the most since July and well above the market expectations of 185K. At the same time, ISM data pointed to a strong services sector, adding to persistent inflation concerns and bolstering the case for tightening. Despite a slight pullback, the dollar held near one-month highs against the euro, sterling, and yen.2023-02-07T03:32:00"
Activision Blizzard earnings above expectations at 1.87 USD,Earnings,"Activision Blizzard earnings above expectations at 1.87 USDUnited States EarningsActivision Blizzard (ATVI) released earnings per share at 1.87 USD, compared to market expectations of 1.51 USD.2023-02-06T21:33:06.38"
Simon Property Group earnings above expectations at 3.15 USD,Earnings,"Simon Property Group earnings above expectations at 3.15 USDUnited States EarningsSimon Property Group (SPG) released earnings per share at 3.15 USD, compared to market expectations of 1.80 USD.2023-02-06T21:32:38.727"
US Equities Fall,Stock Market,"US Equities FallUnited States Stock MarketUS stocks fell on Monday, as investors reassessed the outlook for monetary policy and remained concerned about US-China tensions. Last week's blockbuster US jobs report and ISM data pointing to a robust services sector added to concerns about persistent inflation and bolstered the case for more rate increases. Investors also refrained from opening new positions ahead of the Federal Reserve Chair Powell's Tuesday speech at the Economic Club of Washington which could offer clues about how much more the central bank may tighten financial conditions to cool the economy. Another slew of earnings releases, including those from Pepsi, Uber, and Walt Disney, will offer further insight into how businesses deal with growing macro headwinds. The Down Jones was down by about 50 points, while the S&P 500 and Nasdaq 100 were down 0.6% each. 2023-02-06T18:11:27.253"
US Stocks Struggle for Traction,Stock Market,"US Stocks Struggle for Traction United States Stock MarketThe Dow lost more than 100 points on Monday, while the S&P 500 and Nasdaq 100 were down 0.6% and 0.8%, respectively, as investors reassessed the outlook for monetary policy and remained concerned about US-China tensions. Last week's blockbuster US jobs report and ISM data pointing to a robust services sector added to concerns about persistent inflation and bolstered the case for more rate increases. Investors also refrained from opening new positions ahead of the Federal Reserve Chair Powell's Tuesday speech at the Economic Club of Washington which could offer clues about how much more the central bank may tighten financial conditions to cool the economy. Another slew of earnings releases, including those from Pepsi, Uber, and Walt Disney, will offer further insight into how businesses deal with growing macro headwinds.2023-02-06T14:31:00"
Cummins earnings above expectations at 4.63 USD,Earnings,"Cummins earnings above expectations at 4.63 USDUnited States EarningsCummins (CMI) released earnings per share at 4.63 USD, compared to market expectations of 4.52 USD.2023-02-06T13:24:28.293"
Idexx Laboratories earnings above expectations at 2.05 USD,Earnings,"Idexx Laboratories earnings above expectations at 2.05 USDUnited States EarningsIdexx Laboratories (IDXX) released earnings per share at 2.05 USD, compared to market expectations of 1.92 USD.2023-02-06T12:22:18.87"
Wall Street Set to Open Sharply Lower,Stock Market,"Wall Street Set to Open Sharply Lower United States Stock MarketStock futures contracts tied to the Dow Jones fell 0.8% on Monday, while those linked to the S&P 500 and Nasdaq 100 were down 1.1% and 1.2%, respectively, as investors reassessed the outlook for monetary policy. Last week's blockbuster US jobs report and ISM data pointing to a robust services sector added to concerns about persistent inflation and bolstered the case for more rate increases. Now, attention shifts to Federal Reserve Chair Powell's Tuesday speech at the Economic Club of Washington for clues about how much more the central bank may tighten financial conditions to cool the economy. Another slew of earnings releases, including those from Pepsi, Uber, and Walt Disney, will offer further insight into how businesses deal with growing macro headwinds. 2023-02-06T10:45:00"
US 10-Year Treasury Yield Hovers Near One-Month High,Government Bond 10Y,"US 10-Year Treasury Yield Hovers Near One-Month High United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, topped 3.6%, a level not seen in almost a month, as signs of a tight labor market and a still resilient economy fanned concerns about a hawkish Federal Reserve. The Labor Department's closely watched employment report showed that job growth accelerated sharply in January. At the same time, ISM data pointed to a robust services sector, adding to concerns about persistent inflation and bolstering the case for more rate increases. Investors now see the Fed raising the fed funds rate to 5%-5.25%, with the world's most influential central bank delivering a 25 bps hike in March and May before pausing. Still, Wall Street and the Fed are again in a standoff on the future path of interest rates, with the former betting on a rate cut later this year while the latter reaffirmed its view that interest rates will stay higher for longer.2023-02-06T09:30:00"
Dollar Firms Up on Strong Jobs Data,Currency,"Dollar Firms Up on Strong Jobs DataUnited States CurrencyThe dollar index firmed up around 103 on Monday after jumping more than 1% in the previous session, as stronger-than-expected US jobs data suggested the Federal Reserve has more room to hike interest rates. The US economy added 517K jobs in January, the most since July and much more than market expectations of 185K. Still, the index remains down about 10% from its September peak amid signs of cooling inflation in the US and as the Federal Reserve delivered a smaller 25 basis point rate hike in February, while Fed Chair Jerome Powell said that the “disinflationary process has started.” Investors now look ahead to Powell’s speech before the Economic Club of Washington on Tuesday to gain clarity on the Fed’s policy plans. The dollar held recent gains against the euro, sterling and antipodean currencies, while it strengthened further against the yen.2023-02-06T03:28:00.36"
"US Treasury Yields Extend the Rise after NFP, ISM Data",Government Bond 10Y,"US Treasury Yields Extend the Rise after NFP, ISM DataUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, rose 15bps to 3.55% on Friday, after the payrolls report totally surprised on the upside, showing the US economy added 517K jobs and the unemployment rate fell to 3.4%. Also, the ISM Services PMI pointed to a way bigger-than-expected improvement in the services sector last month. The strong data added to evidence the US labour market remains strong and the economy continues to be resilient. Traders now see the Fed raising the fed funds rate to 5%-5.25% before pausing, above 5% expected before the payrolls release. Meanwhile, the two-year Treasury yields have climbed 20bps to 4.29% and the thirty-year one 10bps to 3.66%.

2023-02-03T15:14:37.88"
US Private Sector Output Drops at Softer Pace,Composite PMI,"US Private Sector Output Drops at Softer PaceUnited States Composite PMIThe S&P Global US Composite PMI was revised slightly higher to 46.8 in January 2023, up from a preliminary estimate of 46.6 and above December's four-month low of 45.0. The latest reading pointed to a softer contraction in the US private sector, as both manufacturing and service sectors shrank at slowest rates. Total new orders fell modestly in January, amid weak domestic and foreign client demand, while backlogs of work continued to decline. In addition, employment rose only marginally. On the price front, the rate of cost inflation ticked higher, while increases in selling prices moderated again.2023-02-03T14:54:35.903"
US Services PMI Revised Higher: S&P Global,Services PMI,"US Services PMI Revised Higher: S&P GlobalUnited States Services PMIThe S&P Global US Services PMI was revised slightly higher to 46.8 in January of 2023 from a preliminary of 46.6, but continued to point to a sixth straight month of falling services sector activity. Although easing from December (44.7), the fall in output stemmed from further weak domestic and external demand conditions, as new business and new export orders declined. Firms continued to expand their workforce numbers despite another fall in backlogs of work, but the pace of employment growth slowed further amid reports of cost-cutting efforts. Nonetheless, business confidence strengthened and was buoyed by increased spending on marketing and investment in cost efficiency. At the same time, cost inflation picked up for the first time in eight months. A sharper rise in input prices was not reflected in a quicker increase in output charges, however, as selling prices rose at the slowest pace since October 2020. 2023-02-03T14:48:06.103"
US Bond Yields Soar after NFP,Government Bond 10Y,"US Bond Yields Soar after NFPUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, rose 10bps to 3.5% on Friday, after the payrolls report totally surprised on the upside, showing the US economy added 517K jobs and the unemployment rate fell to 3.4%. Two-year Treasury yields have climbed almost 15bps to 4.23%. The strong data added to evidence the US labour market remains strong, reinforcing the Fed's view that tightening is not impacting the labour market yet. Traders now see the Fed raising the fed funds rate to 5%-5.25% before pausing, above 5% expected before the payrolls release. 2023-02-03T13:43:00"
US Wages Annual Growth at Near 1-1/2-Year Low,Average Hourly Earnings YoY,"US Wages Annual Growth at Near 1-1/2-Year LowUnited States Average Hourly Earnings YoYAverage hourly earnings for all employees on US private nonfarm payrolls increased by 4.4% from a year earlier in January of 2023, after an upwardly revised 4.8% rise in the prior month and slightly above market estimates of 4.3%. It was the smallest annual growth in average hourly earnings since August of 2021.2023-02-03T13:38:42.987"
DXY Recovers from 9-Month Low,Currency,"DXY Recovers from 9-Month LowUnited States CurrencyThe dollar index rose to above 102 on Friday, recovering from a nine-month low of 100.82 in the previous session, after the latest jobs surprised on the upside complicating the Federal Reserve's quest to slow down the pace of tightening. The US economy added 517K jobs in January, the most since July and much above market expectations of 185K. Still, the greenback remains down more than 10% from its September peak as the Federal Reserve delivered a smaller 25 basis point rate hike in a widely expected move, while Fed Chair Jerome Powell said that the “disinflationary process has started.”.2023-02-03T13:37:00"
US Jobless Rate Falls to Over Five-Decade Low,Unemployment Rate,"US Jobless Rate Falls to Over Five-Decade LowUnited States Unemployment RateThe unemployment rate in the US inched lower to 3.4 percent in January 2023, the lowest level since May 1969 and below market expectations of 3.6 percent, as the number of unemployed people declined by 28 thousand to 5.69 million and the number of employed increased by 894 thousand to 160.1 million. The latest jobs report came on the heels of a sharp decline in weekly jobless claims to nine-month lows and a larger-than-expected increase in the level of job openings in December to a five-month high, pointing to a still-tight labor market.2023-02-03T13:33:00"
Regeneron Pharmaceuticals earnings above expectations at 12.56 USD,Earnings,"Regeneron Pharmaceuticals earnings above expectations at 12.56 USDUnited States EarningsRegeneron Pharmaceuticals (REGN) released earnings per share at 12.56 USD, compared to market expectations of 10.17 USD.2023-02-03T12:26:20.703"
Cigna earnings above expectations at 4.96 USD,Earnings,"Cigna earnings above expectations at 4.96 USDUnited States EarningsCigna (CI) released earnings per share at 4.96 USD, compared to market expectations of 4.87 USD.2023-02-03T11:23:29.543"
US New Light-Vehicle Sales Rise for 5th Month,Total Vehicle Sales,"US New Light-Vehicle Sales Rise for 5th MonthUnited States Total Vehicle SalesNew light-vehicle sales in the United States rose on a seasonally adjusted basis by 4.2% to 15.74 million units in January 2022 from a year ago, rising for the fifth straight month, with sales in February and March also expected to increase as more inventory becomes available. Still, supply chain headwinds aren't fully in the rearview but are hindering vehicle production much less than a year ago. GM, Ford and Toyota grabbed the lion’s share of the market, with crossover and pickup trucks accounting for nearly two-thirds of sales. By powertrain, vehicles with an internal combustion engine accounted for 86.4% of sales in January, while electric (6.4%), hybrid (5.7%) and plug-in hybrid (1.4%) types took the rest.2023-02-03T05:09:25.417"
Dollar Gains Some Ground,Currency,"Dollar Gains Some GroundUnited States CurrencyThe dollar index steadied near 102 on Friday after hitting a nine-month low of 100.82 in the previous session, as traders took dovish hints from the European Central Bank and the Bank of England who said inflationary pressures in their economies have become less intense. Meanwhile, the greenback remains down more than 10% from its September peak as the Federal Reserve delivered a smaller 25 basis point rate hike in a widely expected move, while Fed Chair Jerome Powell said that the “disinflationary process has started.” Still, the central bank signaled more rate increases ahead, but Powell’s remarks ignited hopes that this tightening cycle may be nearing its end. Latest data also showed that US companies announced the most significant number of job cuts since September 2020. Investors now look ahead to the monthly US jobs report on Friday for clues about the state of the economy.2023-02-03T04:43:49.84"
US Futures Fall on Earnings Misses,Stock Market,"US Futures Fall on Earnings MissesUnited States Stock MarketUS stock futures fell on Friday as disappointing earnings reports from major technology firms weighed on sentiment, prompting investors to reassess the sustainability of the recent market rally. Nasdaq 100 futures dropped 1.4%, S&P 500 futures lost 0.6% and Dow futures shed 0.15%. In extended trading, Apple and Alphabet both tumbled more than 3% on weaker-than-expected quarterly results, while Amazon lost nearly 5% despite beating revenue estimates. Qualcomm, Starbucks and Ford also slipped on earnings and/or revenue misses, while Gilead Sciences rose on a strong fourth quarter report. In regular trading on Thursday, the Dow lost 0.11%, while the S&P 500 and Nasdaq Composite rallied 1.47% and 3.25%, respectively. Interest rate-sensitive technology stocks outperformed the market amid expectations that the Federal Reserve’s tightening cycle may be nearing its peak. Investors now look ahead to the monthly US jobs report on Friday for clues about the state of the economy.2023-02-03T00:25:00"
Microchip Technology earnings above expectations at 1.56 USD,Earnings,"Microchip Technology earnings above expectations at 1.56 USDUnited States EarningsMicrochip Technology (MCHP) released earnings per share at 1.56 USD, compared to market expectations of 1.55 USD.2023-02-02T21:53:45.027"
Apple earnings below expectations at 1.88 USD,Earnings,"Apple earnings below expectations at 1.88 USDUnited States EarningsApple (AAPL) released earnings per share at 1.88 USD, compared to market expectations of 1.94 USD.2023-02-02T21:53:31.13"
Qualcomm earnings above expectations at 2.37 USD,Earnings,"Qualcomm earnings above expectations at 2.37 USDUnited States EarningsQualcomm (QCOM) released earnings per share at 2.37 USD, compared to market expectations of 2.36 USD.2023-02-02T21:15:26.053"
Starbucks earnings below expectations at 0.75 USD,Earnings,"Starbucks earnings below expectations at 0.75 USDUnited States EarningsStarbucks (SBUX) released earnings per share at 0.75 USD, compared to market expectations of 0.77 USD.2023-02-02T21:15:01.56"
"Gilead Sciences earnings above expectations at 1.67	 USD",Earnings,"Gilead Sciences earnings above expectations at 1.67	 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 1.67	 USD, compared to market expectations of 1.50 USD.2023-02-02T21:14:10.69"
Ford Motor earnings below expectations at 0.51 USD,Earnings,"Ford Motor earnings below expectations at 0.51 USDUnited States EarningsFord Motor (F) released earnings per share at 0.51 USD, compared to market expectations of 0.62 USD.2023-02-02T21:13:19.45"
"Alphabet earnings below expectations at 1.05	 USD",Earnings,"Alphabet earnings below expectations at 1.05	 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 1.05	 USD, compared to market expectations of 1.18 USD.2023-02-02T21:12:38.857"
Amazon earnings below expectations at 0.03 USD,Earnings,"Amazon earnings below expectations at 0.03 USDUnited States EarningsAmazon (AMZN) released earnings per share at 0.03 USD, compared to market expectations of 0.17 USD.2023-02-02T21:12:09.35"
Dollar Bounces Off Nine-Month Low,Currency,"Dollar Bounces Off Nine-Month LowUnited States CurrencyThe dollar index regained ground on Thursday, recovering from a nine-month low of 100.8 to trade around the 101.4 mark as investors reassessed the outlook for monetary policy and growth. The shift in direction came as the euro and the British pound weakened against the greenback after the European Central Bank and the Bank of England offered no new surprises, with the latter adopting a more dovish tone on inflation. The ECB and the BoE hiked interest rates by a widely expected 50 basis to 3% and 4%, respectively. Stateside, the Federal Reserve delivered a smaller 25 bps rate hike in a widely expected move, while Fed Chair Jerome Powell said the disinflationary process has started. Meanwhile, the latest figures showed that US companies announced the most significant number of job cuts since September 2020 while weekly claims fell to an over 9-month low. Meanwhile, unit labor costs rose less than expected in Q4, and the Q3 figure was downwardly revised.2023-02-02T16:14:00"
US Natural Gas Storage Falls More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Storage Falls More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities pulled 151 bcf of gas from storage during the week ended January 27, slightly more than market expectations of a 142 bcf fall. That compares with a decrease of 261 bcf in the same week last year and a five-year (2018-2022) average decline of 181 bcf.2023-02-02T15:49:09.657"
US Factory Orders Rebound But Rise Less than Expected,Factory Orders,"US Factory Orders Rebound But Rise Less than ExpectedUnited States Factory OrdersNew orders for US manufactured goods jumped 1.8% month-over-month in December of 2022, rebounding from an upwardly revised 1.9% fall in November, but below market forecasts of 2.2%. Orders for transportations surged 16.9%, pushed by a 115.5% jump in those for nondefense aircraft and parts. Also, orders for fabricated metal products edged up 0.1% and those for electrical equipment, appliances, and components increased 1.1%. On the other hand, new orders for machinery went down 1.7% and those for computers and electronics went down 0.5%. Considering full 2022, factory orders increased 11.8%.2023-02-02T15:07:00"
Dollar Languishes on Fed Disinflation Talk,Currency,"Dollar Languishes on Fed Disinflation TalkUnited States CurrencyThe dollar index steadied near 101 on Thursday, holding close to low levels not seen in over nine months as the Federal Reserve delivered a smaller 25 basis point rate hike in a widely expected move, while Fed Chair Jerome Powell said that the “disinflationary process has started.” Powell added that it is “certainly possible” that the Fed will keep its benchmark interest rate below 5% and that it can get inflation back down to 2% without significant economic damage. Still, the central bank signaled more rate increases ahead, but Powell’s remarks ignited hopes that this tightening cycle may be nearing its end. Elsewhere, the ECB and the BoE raised rates by 50 bps as expected. On the data front, the latest figures showed US companies announced the biggest number of job cuts since September 2020 while weekly claims fell to an over 9-month low. Meanwhile, unit labor costs rose less than expected in Q4 and Q3 figure was downwardly revised.2023-02-02T13:56:40.02"
Parker-Hannifin earnings above expectations at 4.76 USD,Earnings,"Parker-Hannifin earnings above expectations at 4.76 USDUnited States EarningsParker-Hannifin (PH) released earnings per share at 4.76 USD, compared to market expectations of 4.46 USD.2023-02-02T13:52:37.31"
Hershey earnings above expectations at 2.02 USD,Earnings,"Hershey earnings above expectations at 2.02 USDUnited States EarningsHershey (HSY) released earnings per share at 2.02 USD, compared to market expectations of 1.77 USD.2023-02-02T13:52:30.52"
Intercontinental Exchange earnings below expectations at 1.25 USD,Earnings,"Intercontinental Exchange earnings below expectations at 1.25 USDUnited States EarningsIntercontinental Exchange (ICE) released earnings per share at 1.25 USD, compared to market expectations of 1.27 USD.2023-02-02T13:52:17.453"
Illinois Tool Works earnings below expectations at 2.34 USD,Earnings,"Illinois Tool Works earnings below expectations at 2.34 USDUnited States EarningsIllinois Tool Works (ITW) released earnings per share at 2.34 USD, compared to market expectations of 2.52 USD.2023-02-02T13:52:09.003"
Estée Lauder earnings above expectations at 1.54 USD,Earnings,"Estée Lauder earnings above expectations at 1.54 USDUnited States EarningsEstée Lauder (EL) released earnings per share at 1.54 USD, compared to market expectations of 1.29 USD.2023-02-02T13:52:00.067"
ConocoPhillips earnings below expectations at 2.71 USD,Earnings,"ConocoPhillips earnings below expectations at 2.71 USDUnited States EarningsConocoPhillips (COP) released earnings per share at 2.71 USD, compared to market expectations of 2.72 USD.2023-02-02T13:51:49.087"
Bristol-Myers Squibb earnings above expectations at 1.82 USD,Earnings,"Bristol-Myers Squibb earnings above expectations at 1.82 USDUnited States EarningsBristol-Myers Squibb (BMY) released earnings per share at 1.82 USD, compared to market expectations of 1.73 USD.2023-02-02T13:51:41.683"
Eli Lilly earnings above expectations at 2.09 USD,Earnings,"Eli Lilly earnings above expectations at 2.09 USDUnited States EarningsEli Lilly (LLY) released earnings per share at 2.09 USD, compared to market expectations of 1.80 USD.2023-02-02T13:51:29.697"
US Productivity Rises More than Forecast in Q4,Productivity,"US Productivity Rises More than Forecast in Q4United States ProductivityNonfarm business sector labor productivity in the United States increased 3.0 percent in the fourth quarter of 2022, following an upwardly revised 1.4 percent advance in the previous three-month period and beating market expectations of 2.4 percent, a preliminary estimate showed. Output grew 3.5 percent (vs 3.6 percent in Q3) and hours worked were up 0.5 percent (vs 2.3 percent in Q3). On a yearly basis, productivity decreased 1.5 percent in the final three months of 2022, reflecting a 0.8 percent expansion in output and a 2.3 percent advance in hours worked. Considering 2022 full year, annual average productivity decreased 1.3 percent, the largest decline since 1974, when productivity decreased 1.7 percent.2023-02-02T13:36:00"
"Becton, Dickinson and Co. earnings above expectations at 2.98 USD",Earnings,"Becton, Dickinson and Co. earnings above expectations at 2.98 USDUnited States EarningsBecton, Dickinson and Co. (BDX) released earnings per share at 2.98 USD, compared to market expectations of 2.68 USD.2023-02-02T12:03:23.86"
Honeywell International earnings above expectations at 2.52 USD,Earnings,"Honeywell International earnings above expectations at 2.52 USDUnited States EarningsHoneywell International (HON) released earnings per share at 2.52 USD, compared to market expectations of 2.51 USD.2023-02-02T12:03:06.1"
Merck & Co earnings above expectations at 1.62 USD,Earnings,"Merck & Co earnings above expectations at 1.62 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 1.62 USD, compared to market expectations of 1.53 USD.2023-02-02T12:02:50.44"
Air Products & Chemicals earnings below expectations at 2.64 USD,Earnings,"Air Products & Chemicals earnings below expectations at 2.64 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.64 USD, compared to market expectations of 2.70 USD.2023-02-02T11:20:32.793"
US 10-Year Treasury Yield Hovers Near Five-Month Low,Government Bond 10Y,"US 10-Year Treasury Yield Hovers Near Five-Month LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, bottomed around 3.4%, close to levels not seen since September 2022, as investors reassessed the Federal Reserve's plans for rate hikes. The world's most influential central bank raised interest rates by 25 basis points to a range between 4.5% and 4.75%, a less aggressive move than before, indicating growing confidence that inflation is on a downward trajectory. However, despite Fed Chair Powell's overall dovish tone, he still sees ongoing increases in the target range appropriate to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2%. Wall Street and the Fed are again in a standoff on the future path of interest rates, with the former betting on a rate cut later this year while the latter reaffirmed its view that interest rates will stay higher for longer. 2023-02-02T09:42:00"
Nasdaq Futures Jump on Meta Boost,Stock Market,"Nasdaq Futures Jump on Meta BoostUnited States Stock MarketNasdaq futures jumped on Thursday as Meta shares surged on an upbeat quarterly report, extending gains made during Wednesday’s regular session amid a Fed-induced technology rally. Nasdaq 100 and S&P 500 futures gained 1% and 0.4%, respectively, while Dow futures were flat. In extended trading, Meta surged nearly 20% after reporting a stronger-than-expected fourth revenue and announcing a $40 billion stock buyback. Align Technology, Hologic and e.l.f Beauty also jumped on solid quarterly results, while C.H. Robinson dropped on an earnings and revenue miss. In regular trading on Wednesday, the Nasdaq Composite rallied 2%, the S&P 500 gained 1.05% and the Dow ticked up 0.02%, with ten out of 11 S&P sectors finishing higher. Those moves came as the Federal Reserve reduced the size of its rate hike and said it has made progress in the fight against inflation. The central bank also signaled more rate increases ahead, but hopes that this tightening cycle may be nearing its end is growing.2023-02-02T00:07:00"
Corteva Inc earnings above expectations at 0.16 USD,Earnings,"Corteva Inc earnings above expectations at 0.16 USDUnited States EarningsCorteva Inc (CTVA) released earnings per share at 0.16 USD, compared to market expectations of 0.05 USD.2023-02-01T23:48:11.443"
"MetLife earnings below expectations at 1.55	 USD",Earnings,"MetLife earnings below expectations at 1.55	 USDUnited States EarningsMetLife (MET) released earnings per share at 1.55	 USD, compared to market expectations of 1.68 USD.2023-02-01T21:22:28.603"
"McKesson earnings above expectations at 6.9	 USD",Earnings,"McKesson earnings above expectations at 6.9	 USDUnited States EarningsMcKesson (MCK) released earnings per share at 6.9	 USD, compared to market expectations of 6.36 USD.2023-02-01T21:12:51.863"
Facebook | Meta earnings below expectations at 1.76 USD,Earnings,"Facebook | Meta earnings below expectations at 1.76 USDUnited States EarningsFacebook | Meta (FB) released earnings per share at 1.76 USD, compared to market expectations of 2.26 USD.2023-02-01T21:11:39.753"
Aflac earnings above expectations at 1.29 USD,Earnings,"Aflac earnings above expectations at 1.29 USDUnited States EarningsAflac (AFL) released earnings per share at 1.29 USD, compared to market expectations of 1.21 USD.2023-02-01T21:11:01.42"
Dollar Falls 1% after Fed,Currency,"Dollar Falls 1% after FedUnited States CurrencyThe dollar index lost nearly 1% to 101.1 on Wednesday as investors digest the latest FOMC decision and Chair Powell comments during the regular press conference. General market sentiment saw a more dovish tone as policymakers raised the fed funds rate by 25bps and signalled ongoing rate increases to follow but also recognized that inflation is going down while Fed Chair said that ""if inflation comes down much faster, then we’ll be seeing that and it will be incorporated into our thinking about policy”. Markets considered that a rate cut this year was not ruled out by the Fed. The terminal rate for the fed funds rate is now seen under 4.9%.2023-02-01T20:15:00"
US 10-Year Bond Yield Falls on Powell Comments,Government Bond 10Y,"US 10-Year Bond Yield Falls on Powell CommentsUnited States Government Bond 10YThe yield on the 10-year US Treasury note fell to 3.39% on Wednesday, approaching low levels not seen since April last year, as investors digest the latest FOMC statement and Fed Chair comments. The Federal Reserve delivered a smaller 25bps rate hike as expected and reiterated that ongoing increases in borrowing costs would remain appropriate. However, the FOMC language appeared more dovish, as officials now see inflation has eased somewhat. At the same time, Chair Powell noted the disinflation process is underway and happening without weakening in the labor market. Markets now see the terminal rate for the fed funds rate at under 4.9%.2023-02-01T20:06:45.087"
United States Stock Market Index (US500) above 4100,stock market,United States Stock Market Index (US500) above 4100United States stock marketUnited States Stock Market Index (US500) rose above 4100 points.2023-02-01T19:44:22.367
US 10-Year Treasury Yield Little Changed at 3.5%,Government Bond 10Y,"US 10-Year Treasury Yield Little Changed at 3.5%United States Government Bond 10YThe yield on the US 10-year Treasury eased losses to almost 3.5% on Wednesday, as investors digest the latest US Fed monetary policy meeting. The central bank raises rates by only 25 bps, as expected, and reinforced that ongoing rate increases will be appropriate. 2023-02-01T19:07:23.163"
DXY Hits Lowest Since April 2022,Currency,"DXY Hits Lowest Since April 2022United States CurrencyThe dollar index extended losses to below 101.2 on Wednesday, the lowest since April last year, after Fed Chair Powell said during the press conference that the disinflationary process has begun. The US central bank raised rates by only 25bps as expected, still bringing borrowing costs to their highest since 2007. Looking ahead, the Committee said more rate increases will be appropriate.2023-02-01T19:03:00"
Fed Delivers Smaller 25bps Hike,Interest Rate,"Fed Delivers Smaller 25bps HikeUnited States Interest RateThe Federal Reserve raised the target range for the fed funds rate by 25bps to 4.5%-4.75% in its February 2023 meeting, dialing back the size of the increase for a second straight meeting, but still pushing borrowing costs to the highest since 2007. The decision came in line with market expectations. Policymakers added that ongoing increases in the target range will be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2%. During the regular press conference, Chair Powell reinforced the disinflation process is on an early stage and that interest rates are not yet at a sufficiently restrictive level. In determining the size of future rate increases, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments.2023-02-01T19:01:00"
US Crude Stocks Rise More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise More than Expected: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the US rose by 4.14 million barrels in the week ended January  27th, much more than market expectations of a 0.376-million-barrel increase, the latest US Energy Information Administration report showed. Also, crude stocks at the Cushing, Oklahoma, delivery hub increased by 2.315 million barrels, following a 4.267 million build. Gasoline stocks rose by 2.576 million barrels, above forecasts of 1.442 million; and distillate stockpiles, including diesel and heating oil, increased by 2.32 million, versus expectations of a 1.3 million draw.2023-02-01T15:40:00.647"
10-Year Treasury Yield Pares Losses,Government Bond 10Y,"10-Year Treasury Yield Pares LossesUnited States Government Bond 10YThe yield on the US 10-year Treasury note trimmed its pullback but held below 3.5% on Wednesday, as investors continued to assess the Federal Reserve’s rate-hike plans and the extent they may impact growth. Hopes for dovish signals by the central bank continued after ADP data showed that fewer jobs were added to the private economy and factory activity continued to decline. Still, strong job opening figures per the JOLTS backed previous hawkish pledges by Fed officials. The US central bank is expected to increase its funds rate by a slower 25bps today. Investors now focus on clues about future interest rate policy, including whether the central bank could pause rate hikes following their March meeting and whether borrowing costs could be cut this year. Wall Street and the Fed have been in a standoff on the future path of interest rates, with the former hoping that signs of cooling inflation will trigger a dovish pivot while the latter sees higher rates for longer.2023-02-01T15:33:48.86"
US Construction Spending Unexpectedly Contracts,Construction Spending,"US Construction Spending Unexpectedly ContractsUnited States Construction SpendingConstruction spending in the United States fell by 0.4% month-over-month to $1.81 trillion in December of 2022, swinging from an upwardly revised 0.5% expansion in the previous month and missing market forecasts of a stall. Both spending in private and public construction sank by 0.4% from the prior month. 2023-02-01T15:04:00.483"
US Job Quits Slightly Down in December,Job Quits,"US Job Quits Slightly Down in DecemberUnited States Job QuitsThe number of job quits in the United States dropped by 15,000 from a month earlier to 4.09 million in December 2022. That was below record peaks of roughly 4.5 million quits touched in November 2021, but was still historically high, which could force businesses to pay more to keep their workers. Quits decreased in transportation, warehousing, and utilities (-69,000), but were up in other services (+65,000). The so-called quits rate, which measures voluntary job leavers as a share of total employment, was unchanged at 2.7 percent, but was still down from a record high of 3.0 percent seen at the end of 2021.2023-02-01T15:03:00"
US Manufacturing PMI Revised Slightly Higher: S&P Global,Manufacturing PMI,"US Manufacturing PMI Revised Slightly Higher: S&P GlobalUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was revised slightly higher to 46.9 in January of 2023 from a preliminary estimate of 46.8. The reading continued to point to a third consecutive month of falling factory activity, albeit the contraction eased compared to December (46.2). The downturn was driven by a sharp contraction in new orders, a further drop in output and ongoing efforts to reduce inventories. Weak demand conditions stemmed from subdued sales across both domestic and export markets. Meanwhile, input costs and output charges rose at increased rates as price pressures strengthened again, despite suppliers' delivery times broadly stabilising and a marked contraction in input buying. Also, a lower new order inflows and a strong decline in backlogs of work caused the rate of job creation to slow further. Nonetheless, business confidence ticked higher amid hopes of stronger demand in the months ahead, greater supply chain stability and investment in new products.2023-02-01T14:52:48.917"
10-Year Treasury Yield Eases Further,Government Bond 10Y,"10-Year Treasury Yield Eases FurtherUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, fell to the 3.47% mark as investors continued to assess the Federal Reserve’s plans for rate hikes and the extent they may impact growth. Fresh ADP data showed that 106 thousand jobs were added to the US private economy, missing expectations of 178 thousand to mark the lowest reading in two years and challenge the slew of economic data that pointed to a tight labor market until December. Amid large concerns of a slowing economy, the Fed is set to increase its funds rate by a slower 25bps today. Investors are now hoping for clues about future interest rate policy, including whether the central bank could pause rate hikes following their March meeting. Wall Street and the Fed have been in a standoff on the future path of interest rates, with the former hoping that signs of cooling inflation will trigger a dovish pivot while the latter sees higher rates through the end of the year.2023-02-01T14:01:00.583"
Dollar Depreciates after ADP,Currency,"Dollar Depreciates after ADPUnited States CurrencyThe dollar index retreated to 101.8 on Wednesday, holding close to low levels not seen since June last year, after the ADP report showed private businesses in the US added the least jobs in two years. The report reinforced the economy is slowing, in line with data showing shrinking manufacturing, easing inflation and wage-cost and a cooling housing market. The Fed is expected to raise rates by 25bps later in the day, dialling back the size of the increase for a second straight meeting and investors will be looking for any clues on whether a Fed pivot could be close. Meanwhile, the dollar booked its fourth straight monthly decline in January as growing fears of a US recession and bets for a slower pace of central bank policy tightening weighed on the currency starting from October last year.
2023-02-01T13:45:00"
Old Dominion Freight Line earnings above expectations at 2.92 USD,Earnings,"Old Dominion Freight Line earnings above expectations at 2.92 USDUnited States EarningsOld Dominion Freight Line (ODFL) released earnings per share at 2.92 USD, compared to market expectations of 2.68 USD.2023-02-01T12:16:22.413"
Johnson Controls earnings meet market expectations at 0.67 USD,Earnings,"Johnson Controls earnings meet market expectations at 0.67 USDUnited States EarningsJohnson Controls (JCI) released earnings per share at 0.67 USD, in line with market expectations.2023-02-01T12:16:20.317"
Humana earnings above expectations at 1.62 USD,Earnings,"Humana earnings above expectations at 1.62 USDUnited States EarningsHumana (HUM) released earnings per share at 1.62 USD, compared to market expectations of 1.46 USD.2023-02-01T12:16:16.52"
Boston Scientific earnings below expectations at 0.45 USD,Earnings,"Boston Scientific earnings below expectations at 0.45 USDUnited States EarningsBoston Scientific (BSX) released earnings per share at 0.45 USD, compared to market expectations of 0.47 USD.2023-02-01T12:16:14.41"
Altria earnings above expectations at 1.18 USD,Earnings,"Altria earnings above expectations at 1.18 USDUnited States EarningsAltria (MO) released earnings per share at 1.18 USD, compared to market expectations of 1.17 USD.2023-02-01T12:16:12.297"
T-Mobile Us earnings above expectations at 1.18 USD,Earnings,"T-Mobile Us earnings above expectations at 1.18 USDUnited States EarningsT-Mobile Us (TMUS) released earnings per share at 1.18 USD, compared to market expectations of 1.07 USD.2023-02-01T12:16:08.653"
US Mortgage Rates at Fresh 4-Month Low: MBA,Mortgage Rate,"US Mortgage Rates at Fresh 4-Month Low: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) in the US edged 1bps lower to 3.19% in the week ended January 27th, 2023, hitting a fresh low since September. The decline in mortgage rates tracks a fall in Treasury yields amid rising expectations the Federal Reserve will slow the pace of rate increases.2023-02-01T12:10:00"
US Mortgage Applications Fall for 1st Time in 4 Weeks,Mortgage Applications,"US Mortgage Applications Fall for 1st Time in 4 WeeksUnited States Mortgage ApplicationsMortgage applications in the US sank 9% in the week ended January 27th 2023, after rising for three consecutive weeks, with applications falling for both refinancing (-7.1%) and purchases (-10.3%), data from the Mortgage Bankers Association showed. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) edged 1bps lower to 6.19%, to hit a new low since September. “Purchase activity is expected to pick up as the spring homebuying season gets underway, bolstered by lower rates and moderating home-price growth. Both trends will help some buyers regain purchasing power”, said Joel Kan, an MBA economist.2023-02-01T12:06:00"
Enterprise Products Partners earnings above expectations at 0.65 USD,Earnings,"Enterprise Products Partners earnings above expectations at 0.65 USDUnited States EarningsEnterprise Products Partners (EPD) released earnings per share at 0.65 USD, compared to market expectations of 0.62 USD.2023-02-01T11:15:21.237"
Thermo Fisher Scientific earnings above expectations at 5.40 USD,Earnings,"Thermo Fisher Scientific earnings above expectations at 5.40 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 5.40 USD, compared to market expectations of 5.22 USD.2023-02-01T11:15:15.37"
US 10-Year Treasury Yield Eases Below 3.5% Ahead of Fed Decision,Government Bond 10Y,"US 10-Year Treasury Yield Eases Below 3.5% Ahead of Fed Decision United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, moved back below 3.5% as investors reassessed the Federal Reserve's plans for rate hikes and the potential impact on the economy. The world's most influential central bank will likely slow down the pace of its monetary policy tightening by delivering a 25 bps rate hike at the end of its two-day policy meeting. Still, such a move will bring their benchmark federal-funds to a range between 4.5% and 4.75%, extending the most rapid adjustment in interest rates since the early 1980s. Investors are now hoping for clues about future interest rate policy, including whether the Fed could pause rate hikes following their March meeting. Wall Street and the Fed have been in a standoff on the future path of interest rates, with the former hoping that signs of cooling inflation will trigger a dovish pivot while the latter sees higher rates through the end of the year. 2023-02-01T10:34:36.87"
Waste Management earnings below expectations at 1.30 USD,Earnings,"Waste Management earnings below expectations at 1.30 USDUnited States EarningsWaste Management (WM) released earnings per share at 1.30 USD, compared to market expectations of 1.41 USD.2023-02-01T07:19:46.803"
Dollar Muted as Fed Decision Looms,Currency,"Dollar Muted as Fed Decision LoomsUnited States CurrencyThe dollar index was subdued around 102.1 on Wednesday, remaining under pressure as signs of cooling inflation in the US bolstered expectations of less aggressive Federal Reserve policy tightening. Data on Tuesday showed that US wage growth slowed in the fourth quarter of 2022, while US house prices rose at a weaker pace in November. Last week, data also showed that the Fed-preferred core PCE inflation measure in the US slowed to an over one-year low in December. The Fed is widely expected to deliver a smaller quarter-point rate hike on Wednesday, while traders will be looking for guidance on the path for interest rate rises. Meanwhile, the dollar booked its fourth straight monthly decline in January as growing fears of a US recession and bets for a slower pace of central bank policy tightening weighed on the currency starting from October last year.2023-02-01T04:00:34.377"
Advanced Micro Devices earnings above expectations at 0.69 USD,Earnings,"Advanced Micro Devices earnings above expectations at 0.69 USDUnited States EarningsAdvanced Micro Devices (AMD) released earnings per share at 0.69 USD, compared to market expectations of 0.67 USD.2023-01-31T22:13:19.023"
Edwards Lifesciences earnings above expectations at 0.64 USD,Earnings,"Edwards Lifesciences earnings above expectations at 0.64 USDUnited States EarningsEdwards Lifesciences (EW) released earnings per share at 0.64 USD, compared to market expectations of 0.61 USD.2023-01-31T21:26:32.757"
Chubb earnings below expectations at 4.05 USD,Earnings,"Chubb earnings below expectations at 4.05 USDUnited States EarningsChubb (CB) released earnings per share at 4.05 USD, compared to market expectations of 4.26 USD.2023-01-31T21:26:01.3"
Electronic Arts EA earnings below expectations at 0.73 USD,Earnings,"Electronic Arts EA earnings below expectations at 0.73 USDUnited States EarningsElectronic Arts EA (EA) released earnings per share at 0.73 USD, compared to market expectations of 3.04 USD.2023-01-31T21:12:23.613"
Mondelez International earnings above expectations at 0.73 USD,Earnings,"Mondelez International earnings above expectations at 0.73 USDUnited States EarningsMondelez International (MDLZ) released earnings per share at 0.73 USD, compared to market expectations of 0.70 USD.2023-01-31T21:12:19.41"
Stryker earnings above expectations at 3.00 USD,Earnings,"Stryker earnings above expectations at 3.00 USDUnited States EarningsStryker (SYK) released earnings per share at 3.00 USD, compared to market expectations of 2.84 USD.2023-01-31T21:12:19.303"
Amgen earnings meet market expectations at 4.09 USD,Earnings,"Amgen earnings meet market expectations at 4.09 USDUnited States EarningsAmgen (AMGN) released earnings per share at 4.09 USD, in line with market expectations.2023-01-31T21:12:15.887"
Fed Expected to Raise Rates by a Smaller 25bps,Interest Rate,"Fed Expected to Raise Rates by a Smaller 25bpsUnited States Interest RateThe Federal Reserve is expected to raise the fed funds rate by 25bps to 4.5%-4.75% in its February 2023 meeting, dialling back the size of the increase for a second straight meeting, but still pushing borrowing costs to the highest since 2007. Investors will be paying close attention to any clues about the central bank's next steps, specially if it still states that ongoing increases in the target range will be appropriate. In December, Fed officials predicted interest rates to reach 5.1% this year, then to fall to 4.1% in 2024, and 3.1% in 2025 but economic data released since then has painted a mixed scenario. Inflation fell more than expected, manufacturing and housing have already taken a hit and consumer spending is showing clear signs of slowing. On the other hand, the labour market remains robust, wage growth is still strong and economic growth in the last quarter of 2022 topped forecasts.2023-01-31T15:47:00"
Dallas Fed Services Index Increases in January,Dallas Fed Services Index,"Dallas Fed Services Index Increases in JanuaryUnited States Dallas Fed Services IndexThe Dallas Fed General Business Activity index for services in Texas went up to -15 in January of 2023 from a revised -20.5 in December. Perceptions of broader business conditions continued to worsen in January, though pessimism waned. The company outlook index also improved from -11.0 to -8.3, while the outlook uncertainty index remained elevated at 20.0, above its series average of 13.4.
2023-01-31T15:34:29.653"
United States Chicago PMI Drops in January,Chicago PMI,"United States Chicago PMI Drops in JanuaryUnited States Chicago PMIThe Chicago PMI in the United States fell back to 44.3 points in January of 2023 from 44.9 in December and compared to market forecasts of 45. The reading pointed to a fifth consecutive month of contraction in business activity in the Chicago region. The Employment subindex ticked down by -0.6 points to a four-month low of
 42.0 in January as one-quarter of firms reported lower employment levels. Labor shortages continue to hamper business activity and were reported by some firms as making up the greatest bottleneck to production.2023-01-31T14:50:00"
US Home Prices Edge Down in November: FHFA,House Price Index MoM,"US Home Prices Edge Down in November: FHFAUnited States House Price Index MoMThe average price of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US went down 0.1 percent from a month earlier in November of 2022 after being unchanged in October.  For the nine census divisions, monthly house price changes ranged from -1.1 percent in the Pacific division to +0.5 percent in the West North Central division. Year-on-year, house prices advanced 8.2 percent, the least since July 2020. The 12-month changes were all positive, ranging from +2.4 percent in the Pacific division to +12.0 percent in the South Atlantic division. “U.S. house prices were largely unchanged in the last four months and remained near the peak levels reached over the summer of 2022,” said Nataliya Polkovnichenko, Ph.D., Supervisory Economist, in FHFA’s Division of Research and Statistics. “While higher mortgage rates have suppressed demand, low inventories of homes for sale have helped maintain relatively flat house prices.”2023-01-31T14:06:00"
The Dow Jones Index dropped 0.77%,Stock Market,The Dow Jones Index dropped 0.77%United States Stock MarketIn New York the Dow Jones Index fell 261 points or 0.77 percent on Monday. Leading the losses are Nike (-0.91%). Top gainers were IBM (0.68%) and American Express (0.20%).2023-01-31T14:00:13.347
MPLX earnings below expectations at 0.78 USD,Earnings,"MPLX earnings below expectations at 0.78 USDUnited States EarningsMPLX (MPLX) released earnings per share at 0.78 USD, compared to market expectations of 0.84 USD.2023-01-31T13:09:09.993"
Sysco earnings below expectations at 0.80 USD,Earnings,"Sysco earnings below expectations at 0.80 USDUnited States EarningsSysco (SYY) released earnings per share at 0.80 USD, compared to market expectations of 0.84 USD.2023-01-31T13:09:06.34"
Msci earnings above expectations at 2.84 USD,Earnings,"Msci earnings above expectations at 2.84 USDUnited States EarningsMsci (MSCI) released earnings per share at 2.84 USD, compared to market expectations of 2.76 USD.2023-01-31T13:09:04.243"
Moody's earnings above expectations at 1.60 USD,Earnings,"Moody's earnings above expectations at 1.60 USDUnited States EarningsMoody's (MCO) released earnings per share at 1.60 USD, compared to market expectations of 1.41 USD.2023-01-31T13:08:54.117"
Marathon Petroleum earnings above expectations at 6.65 USD,Earnings,"Marathon Petroleum earnings above expectations at 6.65 USDUnited States EarningsMarathon Petroleum (MPC) released earnings per share at 6.65 USD, compared to market expectations of 5.67 USD.2023-01-31T13:08:47.78"
Caterpillar earnings below expectations at 3.86 USD,Earnings,"Caterpillar earnings below expectations at 3.86 USDUnited States EarningsCaterpillar (CAT) released earnings per share at 3.86 USD, compared to market expectations of 4.02 USD.2023-01-31T13:08:28.18"
United Parcel Service earnings above expectations at 3.62 USD,Earnings,"United Parcel Service earnings above expectations at 3.62 USDUnited States EarningsUnited Parcel Service (UPS) released earnings per share at 3.62 USD, compared to market expectations of 3.59 USD.2023-01-31T13:08:23.827"
McDonalds earnings above expectations at 2.59 USD,Earnings,"McDonalds earnings above expectations at 2.59 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 2.59 USD, compared to market expectations of 2.45 USD.2023-01-31T13:08:19.583"
Pfizer earnings above expectations at 1.14 USD,Earnings,"Pfizer earnings above expectations at 1.14 USDUnited States EarningsPfizer (PFE) released earnings per share at 1.14 USD, compared to market expectations of 1.07 USD.2023-01-31T13:08:11.697"
Exxon Mobil earnings above expectations at 3.40 USD,Earnings,"Exxon Mobil earnings above expectations at 3.40 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 3.40 USD, compared to market expectations of 3.29 USD.2023-01-31T13:08:01.127"
General Motors earnings above expectations at 2.12 USD,Earnings,"General Motors earnings above expectations at 2.12 USDUnited States EarningsGeneral Motors (GM) released earnings per share at 2.12 USD, compared to market expectations of 1.68 USD.2023-01-31T11:41:58.9"
Wall Street Set to Extend Losses,Stock Market,"Wall Street Set to Extend LossesUnited States Stock MarketStock futures contracts tied to the blue-chip Dow and the S&P 500 were down roughly 0.4% each on Tuesday, while those linked to the Nasdaq 100 fell 0.6%, with investors fretting about the prospects of a recession from aggressive central bank actions to tame inflation. While the Federal Reserve will most likely slow down the pace of its monetary policy tightening by delivering a 25 bps rate hike on Wednesday, it will still be extending the most rapid adjustment in interest rates since the early 1980s. Still, the major averages are on track to end January on a high note, with the Nasdaq 100 rallying nearly 8% this month, while the S&P 500 and Dow are up 4.2% and 1.4%, respectively. Those gains came as signs of cooling inflation, and a still resilient economy offered investors some respite. 2023-01-31T10:50:14.84"
Dollar Heads for 4th Monthly Decline,Currency,"Dollar Heads for 4th Monthly DeclineUnited States CurrencyThe dollar index firmed up above 102 on Tuesday as investors look ahead to a highly-anticipated interest rate decision from the Federal Reserve this week, but the currency is still headed for its fourth straight monthly decline amid growing fears of a US recession and bets for a slower pace of central bank policy tightening. The Fed is widely expected to deliver a smaller quarter-point increase on Wednesday, while investors will be watching for clues on the path for interest rate rises. Data released on Friday showed that the Fed-preferred core PCE inflation measure in the US slowed to an over one-year low in December, supporting the case for a smaller hike. US consumer spending also declined more than expected in December, indicating a slowing economy at the end of last year, with most analysts expecting a mild recession by the second half of 2023. The Bank of England and the European Central Bank are set to decide on monetary policy this week as well.2023-01-31T05:22:00.557"
US Futures Rise as January Draws to a Close,Stock Market,"US Futures Rise as January Draws to a CloseUnited States Stock MarketUS stock futures rose on Tuesday as Wall Street looks to end January on a positive note, though investors remain cautious ahead of an expected interest rate hike from the Federal Reserve this week. Futures contracts tied to the three major indexes were all up at least 0.1%. In regular trading on Monday, the Dow fell 0.77%, the S&P 500 lost 1.3% and the Nasdaq Composite dropped 1.96%, with ten out of 11 S&P sectors finishing lower led by energy and technology. Still, the major averages are on track to end January higher, with the tech-heavy Nasdaq Composite rallying 8.86% so far this month, while the S&P 500 and Dow are up 4.64% and 1.72%, respectively. Those gains came as easing inflation, weakening economic data and mixed corporate earnings in the US bolstered hopes that the Fed will slow the pace of rate increases. Investors now look ahead to the central bank’s decision on Wednesday, as well as more economic data and earnings reports this week.2023-01-31T01:19:00"
Texas Manufacturing Sector Downturn Softens,Dallas Fed Manufacturing Index,"Texas Manufacturing Sector Downturn SoftensUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas’ general business activity index for manufacturing in Texas rose 11.6 points to -8.4 in January of 2023, from an upwardly revised 20 in December. The latest reading pointed to the ninth consecutive month of contraction in activity, though the weakest in the current sequence. The production index, a key measure of state manufacturing conditions, fell from 9.1 to 0.2, with the near-zero reading suggestive of flat output. Also, the new orders index was negative for the eighth month in a row, suggesting a continued decrease in demand, though it moved up from -11.0 to -4.0. Meanwhile, labor market measures pointed to stronger employment growth and longer workweeks. Price pressures were generally steady and wage growth eased slightly in January. The future production index pushed further positive to 16.1, signaling that respondents expect output growth over the next six months. The future general business activity index remained negative, coming in at -9.1.2023-01-30T15:38:00"
10-Year Treasury Yield Consolidates Above 3.5%,Government Bond 10Y,"10-Year Treasury Yield Consolidates Above 3.5%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, consolidated above 3.5% as investors reassessed the Federal Reserve's plans for rate hikes and the potential impact on the economy. The US GDP expanded by 2.9% in the last quarter of 2022, beating market expectations of a 2.6% advance, underscoring the economy's resilience, and adding leeway for the Federal Reserve to extend its hawkish momentum. Still, a Commerce Department report showed that core PCE price inflation fell to a 14-month low of 4.4% in December, offering hope that inflation stateside has peaked. Money markets are now pricing an over 99% chance that the US central bank will hike rates by 25 basis points in February. At the same time, growing speculation about a recession prompted bets that the Fed will eventually cut rates later this year. 2023-01-30T12:59:26.13"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open Lower  United States Stock MarketStock futures contracts tied to the blue-chip Dow lost 0.7% on Monday, while those linked to the S&P 500 and Nasdaq were down 1% and 1.3%, respectively, as investors braced for a busy week of earnings and interest rate decisions from major central banks. So far, the fourth-quarter earnings season has painted a mixed picture of the health of the US economy, with all eyes now turning to heavyweight growth companies, including Apple, Amazon.com, and Alphabet, that are due to report quarterly earnings on Thursday. On the policy side, the Federal Reserve will likely slow down the pace of tightening at the end of its two-day policy meeting on Wednesday, delivering a 25 bps hike amid mounting evidence that inflation in the US has begun to ease. 2023-01-30T12:45:00"
"US Futures Fall, Fed and Earnings Eyed",Stock Market,"US Futures Fall, Fed and Earnings EyedUnited States Stock MarketUS futures kicked off the week in the red, with contracts on the Dow Jones futures falling over 200 points while both the S&P and Nasdaq lost around 1% each, as investors take a cautious approach ahead of a key Fed policy decision. The central bank is expected to raise the fed funds rate by a smaller 25bps on Wednesday, following a 50bps increase in December. Traders also brace for a big week of earnings, including results from McDonald’s, General Motors, Apple, Meta, Amazon and Alphabet. Last week, the Dow gained 1.8%, the S&P 500 2.5% and the Nasdaq 4.3%, and are on track to book its best start to the year since 1999.2023-01-30T09:56:51.24"
Dollar Steadies as Fed Decision Looms,Currency,"Dollar Steadies as Fed Decision LoomsUnited States CurrencyThe dollar index steadied near 102 on Monday as investors cautiously awaited a key interest rate decision from the Federal Reserve this week. The US central bank is widely expected to deliver a smaller quarter-point increase on Wednesday, while investors will be watching for clues on the path for interest rate rises. Data released on Friday showed that the Fed-preferred core PCE inflation measure in the US slowed to an over one-year low in December, supporting the case for a slower pace of policy tightening. US consumer spending also declined more than expected in December, indicating a slowing economy at the end of last year, with most analysts expecting a mild recession by the second half of 2023. The Bank of England and the European Central Bank are set to decide on monetary policy this week as well.2023-01-30T05:23:10.227"
US Consumer Sentiment Revised Higher,Consumer Confidence,"US Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised higher to 64.9 in January of 2023, the highest since April, from a preliminary of 64.6. The gauge for expectations was revised higher to 62.7 from 62 while the current conditions subindex was revised lower to 68.4 from 68.6. Meanwhile, inflation expectations for the year were revised lower to 3.9% from 4% in the preliminary estimate and the 5-year outlook was revised lower to 2.9% from 3%.2023-01-27T15:04:09.397"
Treasury Yields Sustain Rise After Key Data,Government Bond 10Y,"Treasury Yields Sustain Rise After Key DataUnited States Government Bond 10YThe yield on the US 10-year Treasury note trimmed its sharp increase back to the 3.5% mark in late January, but held its increase to hover at the highest level in one week as investors assessed a batch of economic data for hints on whether the US economy may be able to achieve a soft landing as the Federal Reserve is set to continue its tightening campaign. Core PCE price inflation fell to a 14-month low on an annual basis, extending the decrease in consumer prices. Meanwhile, the US GDP expanded by 2.9% in the fourth quarter, beating market expectations of a 2.6% increase and underscoring the resilience of the US economy, adding leeway for the Federal Reserve to extend its hawkish momentum. Still, money markets expect the Federal Reserve to raise its key rate by a softer 25bps next week and end its tightening campaign at 5% in March before cutting the rate in November, compared to the central bank’s pledge of a 5.25% terminal rate for the whole year.2023-01-27T13:53:00"
DXY Steadies Below 102,Currency,"DXY Steadies Below 102United States CurrencyThe dollar index steadied below 102 on Friday as better-than-expected fourth-quarter US GDP numbers raised hopes of a soft landing in the world’s largest economy, and PCE data continued to show price pressures slowing. The US economy expanded annually by 2.9% in the fourth quarter, beating forecasts for a 2.6% growth. However, there were some signs of challenges to the economy, with most analysts expecting a mild recession by the second half of 2023, supporting bets for a less aggressive tightening from the Fed. Easing US inflation also reinforced the case for a smaller rate hike, with money markets pricing an over 95% chance of a 25 basis point increase at the next policy meeting.2023-01-27T13:44:00"
US Core PCE Inflation at Over 1-Year Low in December,Core PCE Price Index Annual Change,"US Core PCE Inflation at Over 1-Year Low in DecemberUnited States Core PCE Price Index Annual ChangeThe core PCE annual rate, which is the Federal Reserve’s preferred gauge of inflation, fell to an over one-year low of 4.4% in December of 2022 from 4.7% in the prior month, in line with market forecasts.2023-01-27T13:38:00"
US PCE Inflation at 15-Month Low in December,PCE Price Index Annual Change,"US PCE Inflation at 15-Month Low in DecemberUnited States PCE Price Index Annual ChangeThe personal consumption expenditure price index in the United States increased by 5% year-on-year in December of 2022, the least since September of 2021 and below 5.5% in November. Prices for goods were up 4.6.% and prices for services increased 5.2%. Food cost went up 11.2% and energy prices increased 6.9%. Compared to the previous month, the PCE Price Index rose by 0.1%.2023-01-27T13:35:00"
US PCE Rises 0.1% MoM,PCE Price Index Monthly Change,"US PCE Rises 0.1% MoMUnited States PCE Price Index Monthly ChangeThe PCE Price Index in the United States rose by 0.1 percent month-over-month in December of 2022, the same as in the previous month. Services prices increased (0.5 percent vs. 0.3 percent) while those for goods declined further (-0.7 percent vs. -0.4 percent). Meantime, food prices went up 0.2 percent, following a 0.3 percent gain in November. Year-on-year, the PCE Price Index rose by 5 percent, the least since September 2021. 2023-01-27T13:35:00"
US Personal Income Up 0.2% in December,Personal Income,"US Personal Income Up 0.2% in DecemberUnited States Personal IncomePersonal income in the United States went up 0.2 percent from a month earlier in December of 2022, following a downwardly revised 0.3 percent increase in November and in line with market expectations. It was the smallest gain since April. The increase primarily reflected increases in compensation and proprietors' income. The increase in compensation reflected increases in private wages and salaries in both services-producing industries and goods-producing industries. The increase in proprietors' income reflected an increase in nonfarm income that was partly offset by a decrease in farm income. 2023-01-27T13:32:00"
Roper Industries earnings above expectations at 3.92 USD,Earnings,"Roper Industries earnings above expectations at 3.92 USDUnited States EarningsRoper Industries (ROP) released earnings per share at 3.92 USD, compared to market expectations of 3.77 USD.2023-01-27T12:16:21.043"
Colgate-Palmolive earnings above expectations at 0.77 USD,Earnings,"Colgate-Palmolive earnings above expectations at 0.77 USDUnited States EarningsColgate-Palmolive (CL) released earnings per share at 0.77 USD, compared to market expectations of 0.76 USD.2023-01-27T12:16:18.93"
HCA earnings below expectations at 4.64 USD,Earnings,"HCA earnings below expectations at 4.64 USDUnited States EarningsHCA (HCA) released earnings per share at 4.64 USD, compared to market expectations of 4.78 USD.2023-01-27T12:16:16.787"
Charter Communications earnings below expectations at 7.69 USD,Earnings,"Charter Communications earnings below expectations at 7.69 USDUnited States EarningsCharter Communications (CHTR) released earnings per share at 7.69 USD, compared to market expectations of 8.85 USD.2023-01-27T12:16:14.667"
American Express earnings below expectations at 2.07 USD,Earnings,"American Express earnings below expectations at 2.07 USDUnited States EarningsAmerican Express (AXP) released earnings per share at 2.07 USD, compared to market expectations of 2.23 USD.2023-01-27T12:16:12.563"
Chevron earnings below expectations at 4.09 USD,Earnings,"Chevron earnings below expectations at 4.09 USDUnited States EarningsChevron (CVX) released earnings per share at 4.09 USD, compared to market expectations of 4.42 USD.2023-01-27T12:16:09.063"
Dollar Steadies Ahead of PCE Data,Currency,"Dollar Steadies Ahead of PCE DataUnited States CurrencyThe dollar index steadied near 102 on Friday as better-than-expected fourth quarter US GDP numbers raised hopes of a soft landing in the world’s largest economy, while investors cautiously await US PCE data for cues on the Federal Reserve’s interest rate path. The US economy expanded annually by 2.9% in the fourth quarter, beating forecasts for a 2.6% growth. However, there were some signs of challenges to the economy, with most analysts expecting a mild recession by the second half of 2023, supporting bets for a less aggressive tightening from the Fed. Easing US inflation also reinforced the case for a smaller rate hike, with money markets now pricing an over 95% chance of a 25 basis point increase at the next policy meeting. Investors now look ahead to US PCE data, the Fed’s preferred inflation measure, with a lower-than-expected reading likely to pressure the dollar further.2023-01-27T03:59:00"
Arthur J. Gallagher earnings above expectations at 1.54 USD,Earnings,"Arthur J. Gallagher earnings above expectations at 1.54 USDUnited States EarningsArthur J. Gallagher (AJG) released earnings per share at 1.54 USD, compared to market expectations of 1.50 USD.2023-01-26T22:22:59.597"
KLA-Tencor earnings above expectations at 7.38 USD,Earnings,"KLA-Tencor earnings above expectations at 7.38 USDUnited States EarningsKLA-Tencor (KLAC) released earnings per share at 7.38 USD, compared to market expectations of 7.10 USD.2023-01-26T21:18:45.943"
L3Harris Technologies Inc earnings above expectations at 3.27 USD,Earnings,"L3Harris Technologies Inc earnings above expectations at 3.27 USDUnited States EarningsL3Harris Technologies Inc (LHX) released earnings per share at 3.27 USD, compared to market expectations of 3.26 USD.2023-01-26T21:18:19.35"
Visa earnings above expectations at 2.18 USD,Earnings,"Visa earnings above expectations at 2.18 USDUnited States EarningsVisa (V) released earnings per share at 2.18 USD, compared to market expectations of 2.01 USD.2023-01-26T21:17:45.757"
Intel earnings below expectations at 0.1 USD,Earnings,"Intel earnings below expectations at 0.1 USDUnited States EarningsIntel (INTC) released earnings per share at 0.1 USD, compared to market expectations of 0.22 USD.2023-01-26T21:17:13.917"
Tenth District Manufacturing Activity Eases Decline,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Eases DeclineUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production index rose to -4 in January of 2023 from an upwardly revised -6 in the previous month, pointing to the lowest decrease in manufacturing output in four months. Improvements were noted mostly in durable goods plants, mainly for wood products, machinery, and the manufacturing of transportation equipment. The monthly employment index swung to positive territory, while the volume of shipments grew at a slightly slower pace. On the other hand, the volume of new orders declined further. The future composite index continued to show slight optimism, albeit to a smaller extent than the prior month.2023-01-26T16:08:00"
US Wholesale Inventories Little Changed in December,Wholesale Inventories,"US Wholesale Inventories Little Changed in DecemberUnited States Wholesale InventoriesWholesale inventories edged 0.1% higher in December of 2022, totalling $934.1 billion, preliminary estimates showed. It follows a downwardly revised 0.9% jump in November. In December, stocks of durable goods jumped 1.2% while those for nondurables went down 1.3%.2023-01-26T14:16:00"
10-Year Treasury Yields Climb After GDP Data,Government Bond 10Y,"10-Year Treasury Yields Climb After GDP DataUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose to the 3.5% mark, extending the rebound from the four-month low of 3.38% touched on January 18th as a batch of fresh economic data underscored the resilience of the US economy and added leeway for the Federal Reserve to extend its hawkish momentum. The US GDP expanded by 2.9% in the fourth quarter, beating market expectations of a 2.6% increase and extending the 3.2% rise in the previous period with growth noted in consumer spending, government expenditure, and inventory investment. Durable goods orders also expanded past expectations, while initial unemployment claims unexpectedly fell to nine-month lows. Still, money markets expect the Federal Reserve to raise its key rate by a softer 25bps next week and end its tightening campaign at 5% in March before cutting the rate in November, compared to the central bank’s pledge of a 5.25% terminal rate for the whole year.2023-01-26T13:51:00"
DXY Holds Below 102,Currency,"DXY Holds Below 102 United States CurrencyThe dollar index held below 102 on Thursday, hovering near its lowest level in almost eight months, on expectations of less aggressive policy tightening from the Federal Reserve and worries that a US recession might be near even though recent data showed the economy remains resilient. The latest data showed the American economy advanced 2.9% in the last three months of 2022, while analysts expected a 2.6% growth. Still, more frequent data is pointing to a weakening economy and mixed corporate earnings suggest that the broader economy is facing headwinds. Meanwhile, the country's eased inflation bolstered bets that the Fed would further slow down its rate hikes, with money markets now pricing an over 95% chance of a 25 basis point increase at the next policy meeting. Additionally, Fed Governor Christopher Waller said that upcoming moves and the forecasted decline in inflation brought policy close to being ""sufficiently restrictive.""2023-01-26T13:47:00"
US GDP Growth Slows to 2.1% in 2022,Full Year GDP Growth,"US GDP Growth Slows to 2.1% in 2022United States Full Year GDP GrowthThe US GDP expanded by 2.1% in 2022, slowing from a 5.9% expansion in 2021 as the economy returned to a more normal pace of growth after pandemic-related disruptions in the previous two years. In 2022, the positive contributions came from consumer spending, exports, private inventory investment, and nonresidential fixed investment while decreases were reported in residential fixed investment and federal government spending. Imports increased.2023-01-26T13:46:12.363"
US Economic Activity Downturn Softens in December,Chicago Fed National Activity Index,"US Economic Activity Downturn Softens in DecemberUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index edged up to -0.49 in December of 2022 from -0.51 in November, indicating a softer economic contraction in the US economic activity. The contribution of the sales, orders, and inventories category to the CFNAI in December moved up to -0.01 from -0.07; and employment-related indicators contributed +0.02, up from -0.03 in November. On the other hand, production-related indicators contributed -0.43, down from -0.35; and the contribution of the personal consumption and housing category also ticked down to -0.07 from -0.05 in November. Meanwhile, the index’s three-month moving average, CFNAI-MA3, which provides a more consistent picture of national economic growth, decreased to -0.33 in December from -0.14. The CFNAI Diffusion Index, which is also a three-month moving average, fell to -0.13 from a neutral value in November.2023-01-26T13:44:00"
US Goods Trade Deficit Widens in December,Goods Trade Balance,"US Goods Trade Deficit Widens in DecemberUnited States Goods Trade BalanceThe US trade deficit in goods widened to USD 90.3 billion in December 2022, from a near two-year low of USD 82.9 billion in November, an advance estimate showed. Imports advanced 1.9 percent, after a sharp decline the month before, mainly boosted by purchases of vehicles (9.4 percent) and consumer goods (6.6 percent). Meanwhile, exports were down again, by 1.6 percent, due to falling sales of industrial supplies (-5.1 percent) and consumer goods (-1.7 percent). Sales of foods, feeds, and beverages and vehicles were up 5.0 percent and 2.2 percent, respectively. Considering 2022 full year, the trade deficit in goods increased to USD 1.19 trillion from USD 1.08 trillion in 2021.2023-01-26T13:40:00"
"US Building Permits Fall Less than Initially Thought, Still Lowest in 31 Months",Building Permits,"US Building Permits Fall Less than Initially Thought, Still Lowest in 31 MonthsUnited States Building PermitsBuilding permits in the United States fell 1.0 percent from a month earlier to a seasonally adjusted annual rate of 1.337 million in December 2022, the lowest level since May 2020, as high inflation and rising mortgage rates hit demand for new housing, revised data showed. Single-family authorizations declined 6.4 percent to a rate of 731 thousand, the lowest since April 2020, while the volatile multi-segment rose 6.3 percent to 606 thousand. Permits were down in the South (-1.7 percent to 740 thousand), Midwest (-12.1 percent to 175 thousand) and Northeast (-2.5 percent to 115 thousand), but were up in the West (9.3 percent to 307 thousand).2023-01-26T13:06:51.033"
US Futures Edge Up as Traders Weigh Earnings,Stock Market,"US Futures Edge Up as Traders Weigh EarningsUnited States Stock MarketUS stock futures edged higher on Thursday after the major averages struggled for direction during Wednesday’s regular session, as investors digested the latest batch of corporate earnings that were released after the bell. Nasdaq 100 futures rose 0.3%, while S&P 500 and Dow futures gained about 0.1%. In extended trading, Tesla jumped 4.5% after the EV-maker’s fourth quarter earnings and revenue topped expectations. Chevron, Levi Strauss and Las Vegas Sands also gained on upbeat quarterly results, while ServiceNow and IBM tumbled on disappointing updates. In regular trading on Wednesday, the Dow inched up 0.03%, while the S&P 500 and Nasdaq Composite shed 0.02% and 0.18%, respectively. US stocks initially sold off as a bleak outlook from Microsoft triggered a tech rout, before recovering towards the close as investors shifted their focus to other pockets of the market. Investors now look ahead to more earnings reports and a slew of economic data on Thursday.2023-01-25T23:50:00"
Lam Research earnings above expectations at 10.71 USD,Earnings,"Lam Research earnings above expectations at 10.71 USDUnited States EarningsLam Research (LRCX) released earnings per share at 10.71 USD, compared to market expectations of 10.05 USD.2023-01-25T21:22:55.823"
Ameriprise Financial earnings above expectations at 6.94 USD,Earnings,"Ameriprise Financial earnings above expectations at 6.94 USDUnited States EarningsAmeriprise Financial (AMP) released earnings per share at 6.94 USD, compared to market expectations of 6.45 USD.2023-01-25T21:22:07.62"
CSX earnings above expectations at 0.49 USD,Earnings,"CSX earnings above expectations at 0.49 USDUnited States EarningsCSX (CSX) released earnings per share at 0.49 USD, compared to market expectations of 0.47 USD.2023-01-25T21:21:05.287"
"Crown Castle International earnings below expectations at 0.95	 USD",Earnings,"Crown Castle International earnings below expectations at 0.95	 USDUnited States EarningsCrown Castle International (CCI) released earnings per share at 0.95	 USD, compared to market expectations of 0.98 USD.2023-01-25T21:20:04.933"
IBM earnings above expectations at 3.6 USD,Earnings,"IBM earnings above expectations at 3.6 USDUnited States EarningsIBM (IBM) released earnings per share at 3.6 USD, compared to market expectations of 3.58 USD.2023-01-25T21:18:58.67"
Las Vegas Sands earnings below expectations at -0.19 USD,Earnings,"Las Vegas Sands earnings below expectations at -0.19 USDUnited States EarningsLas Vegas Sands (LVS) released earnings per share at -0.19 USD, compared to market expectations of -0.09 USD.2023-01-25T21:18:27.16"
ServiceNow earnings above expectations at 2.28 USD,Earnings,"ServiceNow earnings above expectations at 2.28 USDUnited States EarningsServiceNow (NOW) released earnings per share at 2.28 USD, compared to market expectations of 2.02 USD.2023-01-25T21:17:44.293"
"Tesla earnings above expectations at 1.19	 USD",Earnings,"Tesla earnings above expectations at 1.19	 USDUnited States EarningsTesla (TSLA) released earnings per share at 1.19	 USD, compared to market expectations of 1.15 USD.2023-01-25T21:17:18.057"
Progressive earnings below expectations at 1.40 USD,Earnings,"Progressive earnings below expectations at 1.40 USDUnited States EarningsProgressive (PGR) released earnings per share at 1.40 USD, compared to market expectations of 1.46 USD.2023-01-25T14:18:52.66"
Kimberly Clark earnings above expectations at 1.54 USD,Earnings,"Kimberly Clark earnings above expectations at 1.54 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 1.54 USD, compared to market expectations of 1.52 USD.2023-01-25T13:18:13.177"
Hess earnings above expectations at 2.03 USD,Earnings,"Hess earnings above expectations at 2.03 USDUnited States EarningsHess (HES) released earnings per share at 2.03 USD, compared to market expectations of 1.66 USD.2023-01-25T13:18:11.063"
Amphenol earnings above expectations at 0.78 USD,Earnings,"Amphenol earnings above expectations at 0.78 USDUnited States EarningsAmphenol (APH) released earnings per share at 0.78 USD, compared to market expectations of 0.75 USD.2023-01-25T13:18:08.99"
Norfolk Southern earnings below expectations at 3.42 USD,Earnings,"Norfolk Southern earnings below expectations at 3.42 USDUnited States EarningsNorfolk Southern (NSC) released earnings per share at 3.42 USD, compared to market expectations of 3.44 USD.2023-01-25T13:18:06.863"
Freeport-McMoran earnings above expectations at 0.52 USD,Earnings,"Freeport-McMoran earnings above expectations at 0.52 USDUnited States EarningsFreeport-McMoran (FCX) released earnings per share at 0.52 USD, compared to market expectations of 0.44 USD.2023-01-25T13:18:04.75"
NextEra Energy earnings above expectations at 0.51 USD,Earnings,"NextEra Energy earnings above expectations at 0.51 USDUnited States EarningsNextEra Energy (NEE) released earnings per share at 0.51 USD, compared to market expectations of 0.50 USD.2023-01-25T13:18:03.063"
Abbott earnings above expectations at 1.03 USD,Earnings,"Abbott earnings above expectations at 1.03 USDUnited States EarningsAbbott (ABT) released earnings per share at 1.03 USD, compared to market expectations of 0.92 USD.2023-01-25T13:17:59.72"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open Lower  United States Stock MarketStock futures contracts tied to the blue-chip Dow fell 0.7% on Wednesday, while those linked to the S&P 500 and Nasdaq were down 0.8% and 1.3%, respectively, as investors monitored a slew of corporate earnings releases. Microsoft dropped more than 2% in premarket trading after the software giant registered its slowest sales growth in more than six years. Boeing fell roughly 2% after recording a $663 million loss in the fourth quarter amid labor and supply chain issues. On the other hand, AT&T added approximately 2% after the telecommunication company reported earnings results that topped analyst estimates. Now, all eyes turn to Tesla, which will announce its earnings after the close. Investors have grown concerned about the chance of a recession as higher borrowing costs keep more companies from growing while slower sales force some into layoffs. 2023-01-25T12:51:00"
General Dynamics earnings above expectations at 3.58 USD,Earnings,"General Dynamics earnings above expectations at 3.58 USDUnited States EarningsGeneral Dynamics (GD) released earnings per share at 3.58 USD, compared to market expectations of 3.55 USD.2023-01-25T12:17:02.537"
US Bancorp earnings above expectations at 1.20 USD,Earnings,"US Bancorp earnings above expectations at 1.20 USDUnited States EarningsUS Bancorp (USB) released earnings per share at 1.20 USD, compared to market expectations of 1.12 USD.2023-01-25T12:17:00.39"
ADP earnings above expectations at 1.96 USD,Earnings,"ADP earnings above expectations at 1.96 USDUnited States EarningsADP (ADP) released earnings per share at 1.96 USD, compared to market expectations of 1.93 USD.2023-01-25T12:16:58.31"
AT&T earnings above expectations at 0.61 USD,Earnings,"AT&T earnings above expectations at 0.61 USDUnited States EarningsAT&T (T) released earnings per share at 0.61 USD, compared to market expectations of 0.57 USD.2023-01-25T12:16:56.703"
US Mortgage Rates Continue to Fall: MBA,Mortgage Rate,"US Mortgage Rates Continue to Fall: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) in the US dropped 3bps to 6.2% in the week ended January 20th, 2023. The rate remains the lowest since September. The decline in mortgage rates tracks a fall in Treasury yields amid rising expectations the Federal Reserve will slow the pace of rate increases.2023-01-25T12:13:00"
US 10-Year Treasury Yield Eases Back Towards 3.4%,Government Bond 10Y,"US 10-Year Treasury Yield Eases Back Towards 3.4%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, moved back to around 3.4%, close to levels not seen since September 2022, as mounting fears of a sharp economic downturn and prospects of a less aggressive Federal Reserve reigned appetite for government debt. Data released Tuesday showed that US business activity contracted for the seventh straight month in January, worsening concerns that the economy may be moving closer to recession. Money markets are now pricing an over 98% chance that the US central bank will hike rates by 25 basis points in February. 2023-01-25T10:24:42.657"
Dollar Hovers Near 8-Month Lows,Currency,"Dollar Hovers Near 8-Month LowsUnited States CurrencyThe dollar index held below 102 on Thursday, hovering near its lowest level in almost eight months, as rising risks of a US recession and expectations of less aggressive policy tightening from the Federal Reserve weighed on the currency. Weakening US economic data and mixed corporate earnings suggested that the broader economy is facing headwinds. Meanwhile, the country's eased inflation bolstered bets that the Fed would further slow down its rate hikes, with money markets now pricing an over 95% chance of a 25 basis point increase at the next policy meeting. Additionally, Fed Governor Christopher Waller said that upcoming moves and the forecasted decline in inflation brought policy close to being ""sufficiently restrictive."" Investors now look ahead to a flurry of US data that could offer clues about the rate path, including the Q4 GDP growth rate, durable goods orders, the PCE price index, and personal income and spending data.2023-01-25T03:34:00"
Capital One Financial earnings below expectations at 2.82 USD,Earnings,"Capital One Financial earnings below expectations at 2.82 USDUnited States EarningsCapital One Financial (COF) released earnings per share at 2.82 USD, compared to market expectations of 3.88 USD.2023-01-24T21:57:50.82"
Intuitive Surgical earnings below expectations at 1.23 USD,Earnings,"Intuitive Surgical earnings below expectations at 1.23 USDUnited States EarningsIntuitive Surgical (ISRG) released earnings per share at 1.23 USD, compared to market expectations of 1.26 USD.2023-01-24T21:57:46.67"
Texas Instruments earnings above expectations at 2.02 USD,Earnings,"Texas Instruments earnings above expectations at 2.02 USDUnited States EarningsTexas Instruments (TXN) released earnings per share at 2.02 USD, compared to market expectations of 2.00 USD.2023-01-24T21:57:45.087"
Microsoft earnings above expectations at 2.32 USD,Earnings,"Microsoft earnings above expectations at 2.32 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 2.32 USD, compared to market expectations of 2.30 USD.2023-01-24T21:34:10.593"
US 5th District Service Index Edges up,Richmond Fed Services Index,"US 5th District Service Index Edges upUnited States Richmond Fed Services IndexThe Fifth District Service Sector Activity revenues index increased to -6 in January of 2023 from -12 in December. In addition, the demand index went up to -6 from -12 and firms’ expectations for revenues and demand over the next six months also improved. Firms’ assessments of current and anticipated local business conditions improved slightly but remained low. The employment index rose (9 vs -2) but firms’ ability to find workers with the necessary skills saw little improvement. Firms continued to increase wages and expect further wage increases in the near term. Average growth in prices paid increased slightly, while growth in prices received decreased somewhat. Firms expect both to moderate over the coming year.2023-01-24T15:14:42.11"
US 5th District Factory Index Contracts the Most since May 2020,Richmond Fed Manufacturing Index,"US 5th District Factory Index Contracts the Most since May 2020United States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the Richmond area decreased to -11 in January of 2023 from 1 in December, the lowest since May 2020 and below market expectations of -5. Each of its three component indexes: shipments (-3 vs 5 in December), new orders (-24 vs -4), and employment (-3 vs 3) declined. The index for order backlogs retreated further into negative territory, indicating that, businesses continued to see declining backlogs. Meanwhile, the index for vendor lead time also remained well below 0, suggesting a continued decline in lead times. The average growth rates of both prices paid and prices received decreased in January. Expectations for both price growth measures over the next 12 months also decreased to a level much lower than last year. Although the local business conditions expectations index rose slightly from
December, firms generally reported pessimism about conditions over the next six months.2023-01-24T15:09:38.907"
US Service Sector Remains in Contraction Territory,Services PMI,"US Service Sector Remains in Contraction TerritoryUnited States Services PMIThe S&P Global US Services PMI increased to 46.6 in January 2023, up from 44.7 at the end of 2022 and above market expectations of 45.0, a preliminary estimate showed. The latest reading signaled a solid fall in service sector output, but one that was the softest since last October, amid customer hesitancy and high inflation. The decrease in new business was only marginal overall, while employment rose only fractionally and backlogs of work declined further. On the price front, input cost inflation accelerated and output price inflation was unchanged from December. Finally, business confidence reached a four-month high amid hopes that domestic and external demand conditions improve.2023-01-24T15:00:45.893"
US Factory Activity Shrinks for 3rd Month,Manufacturing PMI,"US Factory Activity Shrinks for 3rd Month United States Manufacturing PMIThe S&P Global US Manufacturing PMI increased to 46.8 in January 2023 from 46.2 in December, beating market forecasts of 46, preliminary estimates showed. Still, the reading continued to point to a contraction in factory activity which was the second-fastest since May 2020 as manufacturing demand conditions remained subdued. Output shrank following another sharp drop in new order inflows, with firms highlighting the impact greater costs were having on client demand. The rate of decline in new business was the second-fastest in over two-and-a-half years and firms cut their workforce numbers for the first time since July 2020. On the price front, input costs increased at a faster pace, ending a sequence of moderation in cost inflation that began in mid-2022 while output prices also rose. Vendor performance deteriorated only marginally. Goods producers were, however, more optimistic regarding the outlook as firms sought to acquire new customers through marketing and new product launches.2023-01-24T14:52:00"
Union Pacific earnings below expectations at 2.67 USD,Earnings,"Union Pacific earnings below expectations at 2.67 USDUnited States EarningsUnion Pacific (UNP) released earnings per share at 2.67 USD, compared to market expectations of 2.78 USD.2023-01-24T13:46:51.383"
Halliburton earnings above expectations at 0.72 USD,Earnings,"Halliburton earnings above expectations at 0.72 USDUnited States EarningsHalliburton (HAL) released earnings per share at 0.72 USD, compared to market expectations of 0.67 USD.2023-01-24T12:41:16.227"
Lockheed Martin earnings above expectations at 7.79 USD,Earnings,"Lockheed Martin earnings above expectations at 7.79 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 7.79 USD, compared to market expectations of 7.41 USD.2023-01-24T12:41:13.06"
Raytheon Technologies Corp earnings above expectations at 1.27 USD,Earnings,"Raytheon Technologies Corp earnings above expectations at 1.27 USDUnited States EarningsRaytheon Technologies Corp (RTX) released earnings per share at 1.27 USD, compared to market expectations of 1.24 USD.2023-01-24T12:41:12.98"
Verizon earnings meet market expectations at 1.19 USD,Earnings,"Verizon earnings meet market expectations at 1.19 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.19 USD, in line with market expectations.2023-01-24T12:41:09.837"
3M earnings below expectations at 2.28 USD,Earnings,"3M earnings below expectations at 2.28 USDUnited States Earnings3M (MMM) released earnings per share at 2.28 USD, compared to market expectations of 2.37 USD.2023-01-24T11:40:36.793"
General Electric earnings above expectations at 1.24 USD,Earnings,"General Electric earnings above expectations at 1.24 USDUnited States EarningsGeneral Electric (GE) released earnings per share at 1.24 USD, compared to market expectations of 1.15 USD.2023-01-24T11:40:34.713"
Danaher earnings above expectations at 2.87 USD,Earnings,"Danaher earnings above expectations at 2.87 USDUnited States EarningsDanaher (DHR) released earnings per share at 2.87 USD, compared to market expectations of 2.50 USD.2023-01-24T11:40:34.62"
J&J earnings above expectations at 2.35 USD,Earnings,"J&J earnings above expectations at 2.35 USDUnited States EarningsJ&J (JNJ) released earnings per share at 2.35 USD, compared to market expectations of 2.24 USD.2023-01-24T11:40:31.2"
Dollar Hovers Near 8-Month Lows,Currency,"Dollar Hovers Near 8-Month LowsUnited States CurrencyThe dollar index held below 102 on Tuesday, its lowest level in almost 8 months, as rising risks of a US recession and expectations of less aggressive policy tightening from the Federal Reserve weighed on the currency. Recent US economic data have suggested that the broader economy is facing headwinds. At the same time, easing inflation bolstered bets that the Fed would further slow down its rate hikes, with money markets now pricing an over 95% chance of the fed funds rate increase by 25 basis points at the next central bank's meeting. Fed Governor Christopher Waller also said the upcoming moves and the forecasted decline in inflation turned policy close to ""sufficiently restrictive"". Investors now look ahead to a flurry of US data that could offer clues about the rate path, including the Q4 GDP growth rate, durable goods orders, the PCE price index, and personal income and spending data.2023-01-24T03:46:00"
Wall Street Rallies Ahead of Earnings,Stock Market,"Wall Street Rallies Ahead of Earnings United States Stock MarketAll three major stock indexes finished in the green on Monday, as pessimism among investors has faded in past days betting on the Fed's slower tightening, ahead of busy earnings week. The Dow added 250 points after advancing more than 400 points during the session, while the S&P 500 roughly gained 1.2% and climbed above the 4000 mark. The Nasdaq 100 added 2%, as investors are eyeing earnings after tech firms shift their focus to cost cuts in recent weeks. Apple was up 2.3% after UBS stuck with its earnings forecast of $1.93 for Apple. Meanwhile, Tesla jumped 7.7% and Spotify was roughly up 2.1%. 
2023-01-23T21:04:00"
Dollar Hovers Near Seven-Month Low,Currency,"Dollar Hovers Near Seven-Month LowUnited States CurrencyThe dollar index bottomed around the 102 neighborhood, hovering close to levels not seen since May 2022, as concerns about a US recession and prospects of a less aggressive Federal Reserve spooked investors away from the greenback. Recent economic data, such as those on the housing and manufacturing sectors, have suggested that the broader economy is facing rising headwinds. At the same time, signs of inflation easing in the US fuel speculation that the Fed will further slow down its rate increases, with money markets now pricing an over 95% chance that the central bank will hike its funds by 25 basis points in February. Investors also look ahead to a flurry of US data that could offer clues about the rate path, including the Q4 GDP growth rate, durable goods orders, the PCE price index, and consumer data. 2023-01-23T15:42:12.72"
US Stocks Rise for 2nd Session,Stock Market,"US Stocks Rise for 2nd SessionUnited States Stock MarketThe Dow added almost 400 points on Monday, while the S&P 500 and Nasdaq 100 were up 1.5% and 2.2%, respectively, as investors paused to reassess the outlook for monetary policy while bracing from a busy week of earnings. Recent economic data have magnified concerns that the US economy is near a recession while boosting bets that the Federal Reserve will continue to slow the pace of policy rate increases. Meanwhile, the earnings season will kick into a higher gear this week with several big tech names, including Microsoft, Tesla, IBM, and Intel, reporting. So far, the Q4 earnings season has painted a mixed picture of the health of the US economy. Some companies, like Netflix, reported strong growth, while big banks, including JPMorgan Chase, have set aside more money for expected defaults. Also, today software firm Salesforce rose 3% after activist investor Elliott Management Corp invested in the company.2023-01-23T14:43:00"
US 10-Year Treasury Yield Bounces Back To 3.5%,Government Bond 10Y,"US 10-Year Treasury Yield Bounces Back To 3.5%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, consolidated around 3.5%, as hawkish remarks from several Fed policymakers threw some cold water into expectations that the Federal Reserve will soon slow its aggressive tightening campaign. Fed Vice Chair Lael Brainard, considered a dove, said rates would need to stay elevated to bring down inflation to its 2% target. Still, investors are not blindly buying this tightening narrative, with speculation about a recession prompting bets that the Federal Reserve will eventually cut rates later this year. Data released last week showed that Americans curbed spending while business investment fell, heightening concerns that the economy may be moving closer to recession. Money markets are now pricing an over 95% chance that the US central bank will hike rates by 25 basis points in February. 2023-01-23T13:06:10.05"
US Stock Futures Waver,Stock Market,"US Stock Futures Waver United States Stock MarketStock futures contracts tied to the three major indices fluctuated between small gains and losses on Monday as investors appeared reluctant to open new positions ahead of a busy week of earnings and economic data. So far, the fourth-quarter earnings season has painted a mixed picture of the health of the US economy. Some companies, like Netflix, reported strong growth, while big banks, including JPMorgan Chase, have set aside more money for expected defaults. The season will kick into a higher gear as several big tech names, including Microsoft, Tesla, IBM, and Intel, report results later this week. Meantime, recent economic data have magnified concerns that the US economy is near a recession while boosting bets that the Federal Reserve will continue to slow the pace of policy rate increases. Fourth-quarter GDP figures due Thursday will offer analysts clues about the health of the world's largest economy. 2023-01-23T12:18:00"
Dollar Falls on Slower Fed Hike Bets,Currency,"Dollar Falls on Slower Fed Hike BetsUnited States CurrencyThe dollar index edged below 102 on Monday, sliding back to its lowest levels in almost eight months as weakening US economic data and recent comments from Federal Reserve officials signaled a less aggressive monetary tightening ahead. Latest data showed that US home sales plunged to a 12-year low in December as higher borrowing costs and economic uncertainties dampened buyer demand and sales activity. On the monetary policy front, Fed Governor Christopher Waller said the upcoming rate moves and an expected continued decline in inflation turned policy close to “sufficiently restrictive”. He also favored a smaller 25 basis point raise at the next meeting. Investors now look ahead to a flurry of US data that could guide the rates outlook, including the Q4 GDP growth rate, durable goods orders, the PCE price index, and consumer data. The dollar weakened across the board, with the most pronounced selling activity against the euro on hawkish remarks from ECB officials.2023-01-23T03:08:00"
US Futures Ease After Friday’s Rally,Stock Market,"US Futures Ease After Friday’s RallyUnited States Stock MarketUS stock futures eased on Monday after the major averages staged a sharp rebound at Friday’s regular session, as risk assets got boosted by expectations of less aggressive interest rate hikes from the Federal Reserve. Nasdaq 100 futures fell 0.2%, while Dow and S&P 500 futures lost 0.1%. In regular trading on Friday, the Dow gained 1%, the S&P 500 jumped 1.89%, and the Nasdaq Composite rallied 2.66%, with all 11 S&P sectors ending higher, led by communication services, technology, and consumer discretionary. For the week, however, only the tech-heavy Nasdaq finished in the green, with the Dow and S&P 500 snapping a two-week winning streak. Those moves came as weak US data supported the case for a slower pace of monetary tightening, with Fed Governor Christopher Waller backing a more moderate 25 basis point rate increase at the next meeting. Investors now look ahead to a slew of US economic data and more earnings reports this week.2023-01-23T00:01:00"
US Existing Home Sales Fall to 2010-Lows,Existing Home Sales,"US Existing Home Sales Fall to 2010-LowsUnited States Existing Home SalesExisting home sales in the US which include completed transactions of single-family homes, town homes, condominiums and co-ops, fell 1.5% to a seasonally adjusted annual rate of 4.02 million in December of 2022, slightly above market forecasts of 3.96 million. It marks an eleventh straight month of falling home sales, the longest  stretch since 1999, and the lowest level since November of 2010, as buyers continue to face limited inventory and high mortgage rates. Total housing inventory was 970,000 units, which was down 13.4% from November but up 10.2% from one year ago. The median existing-home price for all housing types was $366,900, an increase of 2.3% from December 2021, as prices rose in all regions. “However, expect sales to pick up again soon since mortgage rates have markedly declined after peaking late last year”, said NAR Chief Economist Lawrence Yun.2023-01-20T15:06:00"
Dollar Steadies as Traders Assess Economic Data,Currency,"Dollar Steadies as Traders Assess Economic DataUnited States CurrencyThe dollar index steadied around 102 on Friday after facing heightened volatility in recent sessions, as traders assessed a flurry of US data released Thursday which indicated that aggressive interest rate hikes from the Federal Reserve are already having an impact on the economy. However, lower-than-expected unemployment claims in the US last week signaled another month of solid job growth and continued labor market tightness. Meanwhile, a chorus of Fed officials reiterated their commitment to tighter policy this week, with Vice Chair Lael Brainard saying rates would need to stay elevated for a period to further cool inflation. Still, easing US inflation drove expectations that the Fed will downshift to a smaller 25 basis point rate hike in February after delivering a half-percentage point increase in December.2023-01-20T03:24:30.067"
Netflix earnings below expectations at 0.12 USD,Earnings,"Netflix earnings below expectations at 0.12 USDUnited States EarningsNetflix (NFLX) released earnings per share at 0.12 USD, compared to market expectations of 0.59 USD.2023-01-19T21:21:58.667"
US Crude Stocks Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the US rose by 8.408 million barrels in the week ended January 13th, compared with market expectations of a 0.593 million draw, the latest US Energy Information Administration report showed. Meanwhile, crude stocks at the Cushing, Oklahoma, delivery hub increased by 3.646 million barrels, after a 2.511 million increase in the previous week. Also, gasoline stocks rose by 3.483 million barrels, more than forecasts of a 2.529 million barrel increase. On the other hand, distillate stockpiles, including diesel and heating oil, dropped by 1.939 million, versus expectations for a 0.122 million increase.2023-01-19T16:19:15.583"
The Dow Jones Index fell 1.81%,Stock Market,The Dow Jones Index fell 1.81%United States Stock MarketIn New York the Dow Jones Index dropped 614 points or 1.81 percent on Wednesday. Losses were led by IBM (-3.29%) and McDonalds (-2.94%).2023-01-19T14:00:16.077
US Housing Starts Fall Less than Expected,Housing Starts,"US Housing Starts Fall Less than ExpectedUnited States Housing StartsHousing starts in the US dropped 1.4% to a seasonally adjusted annualized rate of 1.382 million in December of 2022, the lowest level in five months, but above market forecasts of 1.359 million. Starts for units in buildings with five units or more sank 18.9% to 463 thousand while those for single-family ones jumped 11.3% to 090 thousand. Starts were lower in the Midwest (-37.4%), the West (-9.5%) and the South (-4%) but jumped 135.6% in the Northeast. December marks a fourth consecutive month of falling housing starts, pushing the 2022 drop to 3%, the first decline since 2009, as rising mortgage rates and inflation weighed on affordability. 2023-01-19T13:36:00"
US 10-Year Treasury Yield Holds Near 3.4%,Government Bond 10Y,"US 10-Year Treasury Yield Holds Near 3.4%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, bottomed around 3.4%, close to levels not seen since September 2022, as mounting fears of a sharp economic downturn and prospects of a less aggressive Federal Reserve boosted appetite for government debt. Data released Wednesday showed that Americans curbed spending while business investment fell, heightening concerns that the economy may be moving closer to recession. At the same time, producer prices slid by the most since the pandemic's start, offering further evidence that inflation had already peaked while giving the Fed room to slow its monetary tightening. Money markets are now pricing an over 95% chance that the US central bank will hike rates by 25 basis points in February. Still, hawkish remarks from several Fed policymakers highlighted that the fight against inflation is far from over.2023-01-19T08:57:00"
Allstate earnings below expectations at -1.37 USD,Earnings,"Allstate earnings below expectations at -1.37 USDUnited States EarningsAllstate (ALL) released earnings per share at -1.37 USD, compared to market expectations of 1.93 USD.2023-01-19T07:11:41.227"
Dollar Steadies as Fed Outlook Mulled,Currency,"Dollar Steadies as Fed Outlook MulledUnited States CurrencyThe dollar index steadied above 102 on Thursday after dipping briefly to an over 7-month low of 101.53 in the previous session, as investors digested weak US data and hawkish remarks from Federal Reserve officials. Latest data showed the US retail sales declined more than expected in December while US producer prices fell the most since April 2020, stoking concerns over a potential slowdown. Meanwhile, Fed's James Bullard said rates were not yet restrictive and could rise up to 5.5% by year-end, while Fed’s Loretta Mester and Patrick Harker also backed more rate increases. The dollar has come under renewed pressure this year as the annual inflation rate in the US slowed for a 6th straight month to 6.5% in December, the lowest reading since October 2021, raising hopes that inflation peaked at 9.1% in June. The data cemented expectations that the Fed will downshift to a smaller 25 basis point rate hike in February after delivering a half-percentage point increase in December. 2023-01-19T03:35:04.167"
US Futures Steady After Weak Session,Stock Market,"US Futures Steady After Weak SessionUnited States Stock MarketUS stock futures steadied on Thursday after a broad market selloff during Wednesday’s regular session, as markets continued to grapple with economic uncertainties while assessing the outlook for monetary policy. Futures contracts tied to the three major indexes were all trading near breakeven. In extended trading, Discover Financial (-6%), H.B. Fuller (-4%) and Alcoa (-4%) all declined on disappointing quarterly results. In regular trading on Wednesday, the Dow tumbled 1.81%, the S&P 500 dropped 1.56% and the Nasdaq Composite lost 1.24%, with all 11 S&P sectors finishing lower. Those moves came as investors digested disappointing retail sales data and weaker-than-expected producer inflation reading in the US that fueled recession fears, as well as hawkish remarks from Federal Reserve officials. St. Louis Fed President James Bullard said rates were not yet restrictive and could rise up to 5.5% by year-end, while Fed’s Mester and Harker also backed more rate increases.2023-01-19T00:05:00"
US Crude Inventories Unexpectedly Rise,API Crude Oil Stock Change,"US Crude Inventories Unexpectedly RiseUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 7.615 million barrels in the week ended January 13th, 2023, after a record high of 14.865 million barrels gain in the previous week, data from the American Petroleum Institute showed. It came above analyst expectations of a 1.750 million barrels decline.
2023-01-18T21:49:32"
Kinder Morgan earnings above expectations at 0.31 USD,Earnings,"Kinder Morgan earnings above expectations at 0.31 USDUnited States EarningsKinder Morgan (KMI) released earnings per share at 0.31 USD, compared to market expectations of 0.30 USD.2023-01-18T21:42:14.023"
US Capital Inflow Widens Further in November,Capital Flows,"US Capital Inflow Widens Further in NovemberUnited States Capital FlowsThe United States recorded a capital and financial account surplus of $213.1 billion in November of 2022, widening from a downwardly revised $179.3 billion surplus in the prior month. Of this, net foreign private inflows were $212.7 billion, while net foreign official inflows were $0.4 billion. Foreign residents increased their holdings of long-term US securities in the period, with net purchases at $140.6 billion, including $152.8 billion in net purchases by foreign investors while net sales by foreign official institutions were at $12.2 billion.
2023-01-18T21:23:00"
US Business Inventories Rise Faster in November as Forecast,Business Inventories,"US Business Inventories Rise Faster in November as ForecastUnited States Business InventoriesManufacturers’ and trade inventories in the US increased by 0.4% from a month earlier in November of 2022, following a downwardly revised 0.2% rise in the prior month, matching market expectations. Inventories increased for merchant wholesalers (1% vs 0.6% in October) and retailers (0.1% vs -0.4%) but stalled for manufacturers (vs 0.4% in October). Year-on-year, business inventories jumped by 15.1% in November.2023-01-18T15:06:00"
US Manufacturing Output Falls Most in 22 Months,Manufacturing Production MoM,"US Manufacturing Output Falls Most in 22 MonthsUnited States Manufacturing Production MoMManufacturing output in the United States fell by 1.3 percent from a month earlier in December 2022, the most since February 2021 and much more than market expectations for a 0.3 percent decrease. The indexes for durable and nondurable manufacturing dropped 1.1 percent and 1.5 percent, respectively, while the index for other manufacturing (publishing and logging) stepped down 0.9 percent. Within durables, most major industries posted declines of at least 1 percent; machinery and wood products recorded the largest declines, at 3.4 percent and 2.1 percent, respectively. Within nondurables, the indexes for all major industries declined, with the indexes for printing and support and for petroleum and coal products contracting more than 3 percent. Capacity utilization for manufacturing decreased 1.0 percentage point in December to 77.5 percent, a rate that is 0.7 percentage point below its long-run average. Considering Q4, manufacturing output moved down 2.5 percent.2023-01-18T14:29:27.28"
US Capacity Utilization Lowest in a Year,Capacity Utilization,"US Capacity Utilization Lowest in a YearUnited States Capacity UtilizationCapacity Utilization in the United States decreased to 78.8% in December of 2022, the lowest in a year, following a downwardly revised 79.4% in November and well below forecasts of 79.6%. Capacity utilization for manufacturing decreased 1.0 percentage point to 77.5%. The operating rate for mining fell 0.9 percentage point to 87.7%, while the operating rate for utilities jumped 2.7 percentage points to 76.8%. 2023-01-18T14:28:39.787"
US Industrial Output Falls Most in 15 Months,Industrial Production Mom,"US Industrial Output Falls Most in 15 MonthsUnited States Industrial Production MomIndustrial production in the US fell by 0.7% mom in December of 2022, following an upwardly revised 0.6% decrease in November and more than market expectations of a 0.1% loss. It was the biggest drop in industrial activity since September 2021, as higher interest rates and prices weighed on demand. Manufacturing output dropped 1.3%, way more than expectations for a 0.3% decrease. The indexes for durable and nondurable manufacturing dropped 1.1% and 1.5%, respectively, while the index for other manufacturing (publishing and logging) stepped down 0.9%. Meanwhile, mining was down 0.9% while utilities rose 3.9%, driven by increases for both electric and natural gas utilities. Capacity utilization dropped 0.6 percentage point in December to 78.8%, a rate that is 0.8 percentage point below its long-run (1972–2021) average. Considering Q4, industrial production declined 1.7%.2023-01-18T14:23:00"
10-Year Treasury Yield Falls to 1-Month Low,Government Bond 10Y,"10-Year Treasury Yield Falls to 1-Month LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell towards the 4.4% mark in the third week of January, the lowest in over one month and approaching levels last seen in September, as a bigger-than-expected monthly decline in US producer prices and retail sales strengthened bets that the Federal Reserve will further slow the pace of interest rate hikes. The data furthered recent evidence that prices are slowing after consumer inflation fell for the sixth consecutive month in December. Consequently, money markets priced an over 95% chance of a softer 25bps interest rate increase in the central bank’s February decision before reaching a terminal rate of 5% by the end of the first quarter. Still, hawkish rhetoric by Fed policymakers warns that the fight against inflation is far from over.2023-01-18T13:54:34.463"
DXY Weakens to Near Seven-Month Low,Currency,"DXY Weakens to Near Seven-Month LowUnited States CurrencyThe dollar index bottomed below 102 on Wednesday, close to levels not seen since June 2022, as prospects that cooling inflation will give the Federal Reserve room to slow its aggressive tightening spooked investors away from the greenback. The latest data showed producer prices fell the most since April 2020 in December, adding to bets that the Federal Reserve will increase rates by a smaller 25 bps in February. Also, inflation in the US has been slowing since July to 6.5% in December. The most pronounced selling activity was against risk-sensitive currencies such as the Australian and New Zealand dollars. On the flip side, the dollar strengthened against the Japanese yen after the Bank of Japan pushed back against speculations of another policy adjustment by maintaining ultra-low interest rates and keeping its yield control policy unchanged.2023-01-18T13:46:00"
US Mortgage Rates Lowest in 4-Months: MBA,Mortgage Rate,"US Mortgage Rates Lowest in 4-Months: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) in the US dropped 19bps to 6.23% in the week ended January 13th, 2023. It is the lowest rate since September and about a percentage point below the peak of 7.16% reported in October. The decline in mortgage rates tracks a fall in Treasury yields amid further signs of slowing inflationary pressures. 2023-01-18T12:17:00"
US Mortgage Applications Jump the Most since 2020,Mortgage Applications,"US Mortgage Applications Jump the Most since 2020United States Mortgage ApplicationsMortgage applications in the US surged 27.9% in the week ended January 13th 2023, the biggest jump since the first week of March 2020, as interest rates dropped to the lowest level since September, data from the Mortgage Bankers Association showed. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) dropped 19bps to 6.23%. Applications to refinance a home loan soared 34.2% while those to purchase jumped 24.7%. ""As we enter the beginning of the spring buying season, lower mortgage rates and more homes on the market will help affordability for first-time homebuyers,"" Mike Fratantoni, senior vice president and chief economist at the MBA, said.2023-01-18T12:10:00"
Dollar Hovers Near Seven-Month Low,Currency,"Dollar Hovers Near Seven-Month LowUnited States CurrencyThe dollar index bottomed around the 102 neighborhood, close to levels not seen since June 2022, as prospects that cooling inflation will give the Federal Reserve room to slow its aggressive tightening spooked investors away from the greenback. With inflation in the US slowing for a sixth consecutive month to 6.5% in December, investors now bet that the Fed will downshift to a smaller 25 bps rate hike in February after delivering a half-percentage point increase in December. The most pronounced selling activity was against risk-sensitive currencies such as the Australian and New Zealand dollars. On the flip side, the dollar strengthened sharply against the Japanese yen after the Bank of Japan pushed back against speculations of another policy adjustment by maintaining ultra-low interest rates and keeping its yield control policy unchanged.2023-01-18T09:34:37.02"
Dollar Gains as Yen Selloff Intensifies,Currency,"Dollar Gains as Yen Selloff IntensifiesUnited States CurrencyThe dollar index climbed toward 103 on Wednesday, lifted by a sharp yen decline after the Bank of Japan defied market expectations for another policy adjustment by maintaining ultra-low interest rates and keeping its yield control policy unchanged. Meanwhile, the greenback remained close to its lowest levels in over seven months after data showed that US annual inflation slowed for a sixth straight month to 6.5% in December, in line with market forecasts. That was also the lowest reading since October 2021, raising hopes that inflation peaked at 9.1% in June. The data cemented expectations that the Fed will downshift to a smaller 25 basis point interest rate hike in February after delivering a half-percentage point increase in December. Investors now look ahead to US producer inflation and retail sales data due later on Wednesday that could provide more clues on the central bank’s policy tightening path.2023-01-18T05:26:46.093"
US Stocks Finish Mixed,Stock Market,"US Stocks Finish Mixed United States Stock MarketThe blue-chip Dow lost almost 400 points on Tuesday, dragged by the financial sector, as investors digested a slew of earnings reports while reassessing the growth outlook. The S&P 500 seesawed around the 4,000 mark while the Nasdaq 100 outperformed by adding roughly 0.1%, driven by an over 7% rally in Tesla. Goldman Sachs reported a larger-than-expected 69% decline in fourth-quarter profits due to heavy losses in its investment banking unit and asset management revenue, which drove its shares down almost 7%. On the other hand, rival Morgan Stanley jumped 6% after surprising investors on the upside after its trading firm got a boost from market volatility. Whirlpool was also in the spotlight after the home appliances company said it is divesting its businesses across Europe, the Middle East, and Africa. 2023-01-17T21:04:00"
US Stocks Under Pressure,Stock Market,"US Stocks Under Pressure United States Stock MarketThe blue-chip Dow lost more than 300 points on Tuesday, dragged by the financial sector, as investors digested a slew of earnings reports while reassessing the growth outlook. The S&P 500 seesawed around the 4,000 mark while the Nasdaq outperformed by adding roughly 0.3%, driven by a 7% rise in Tesla. Goldman Sachs reported a larger-than-expected 69% decline in fourth-quarter profits due to heavy losses in its investment banking unit and asset management revenue, which drove its shares down almost 7%. On the other hand, rival Morgan Stanley jumped 7% after surprising investors on the upside after its trading business got a boost from market volatility. Whirlpool was also in the spotlight after the home appliances company said it is divesting its businesses across Europe, the Middle East, and Africa. 2023-01-17T14:39:00"
Wall Street Set for Subdued Open,Stock Market,"Wall Street Set for Subdued OpenUnited States Stock MarketStock futures contracts tied to the blue-chip Dow fell 0.4% on Tuesday, while those linked to the S&P 500 and Nasdaq were down roughly 0.3% each as investors digested more earnings results from big banks. Goldman Sachs reported a larger-than-expected 69% decline in fourth-quarter profit due to heavy losses in its investment banking unit and asset management revenue, which, in turn, drove its shares down more than 2% in premarket trading. Meanwhile, Morgan Stanley surprised investors on the upside as its trading business got a boost from market volatility. Last week, JPMorgan, Bank of America, Citigroup, and Wells Fargo turned in mixed fourth-quarter results, with the nation's largest banks reporting better-than-expected numbers but issuing recession warnings. Still, markets have been enjoying a wave of respite in 2023 so far, with sentiment lifted by optimism about China's reopening and signs of a slowdown in inflation in the US and Europe. 2023-01-17T13:10:00"
US Stock Futures Fall,Stock Market,"US Stock Futures Fall United States Stock MarketUS stock futures tracking the broader market were down roughly 0.5% on Tuesday, putting Wall Street on track to start a holiday-shortened week lower as investors await a slew of earnings reports for clues on how corporate America performed against macro headwinds. Last week, JPMorgan, Bank of America, Citigroup, and Wells Fargo turned in mixed fourth-quarter results, with the nation's largest banks reporting better-than-expected numbers but issuing recession warnings. Investors now look ahead to more reports, including those from Morgan Stanley and Goldman Sachs. Equities have been enjoying a wave of respite in 2023 so far, with sentiment lifted by optimism about China's reopening and signs of a slowdown in inflation in the US and Europe. 2023-01-17T11:43:00"
Dollar Steadies as Fed Outlook Mulled,Currency,"Dollar Steadies as Fed Outlook MulledUnited States CurrencyThe dollar index steadied above 102 on Tuesday as investors continued to assess the likely trajectory of Federal Reserve interest rate hikes amid the backdrop of easing US inflation and weakening growth outlook. Meanwhile, the currency remained close to its lowest levels in over seven months after data showed that US annual inflation slowed for a sixth straight month to 6.5% in December, in line with market forecasts. That was also the lowest reading since October 2021, raising hopes that inflation peaked in June at 9.1%. The data cemented expectations that the Fed will downshift to a smaller 25 basis point interest rate hike in February after delivering a half-percentage point increase in December. Meanwhile, investors were kept on edge by deteriorating growth prospects, with the World Economic Forum, World Bank and major US companies sounding the alarm about a potential recession this year.2023-01-17T03:44:20.59"
US Futures Ease Ahead of More Earnings,Stock Market,"US Futures Ease Ahead of More EarningsUnited States Stock MarketUS stock futures eased on Tuesday as investors assessed whether the recent rally could continue higher given the deteriorating outlook for growth, while awaiting more corporate earnings that could provide clues on US economic activity. Futures contracts tied to the three major indexes drifted flat to slightly negative. All three major averages are positive so far this year, with the Nasdaq Composite rallying 5.85%, while the S&P 500 and Dow are up 4.16% and 3.49%, respectively. Those gains came as easing US inflation cemented expectations that the Federal Reserve will downshift to a smaller 25 basis point interest rate hike in February after delivering a half-percentage point increase in December. Meanwhile, the fourth-quarter earnings season which kicked off last week has so far yielded mixed results, with major banks reporting better-than-expected numbers but issuing recession warnings. Investors now look ahead to more earnings from Morgan Stanley and Goldman Sachs, among others.2023-01-17T01:28:00"
US Stock Futures Muted,Stock Market,"US Stock Futures MutedUnited States Stock MarketStock futures contracts tied to the three major indices were trading flat with some negative bias on Monday as investors assessed whether the recent rally has legs given the deteriorating outlook for growth and sharp downward earnings revisions. Fourth-quarter earnings season kicked off last week with a bunch of big banks reporting mixed results, with JPMorgan Chase, Bank of America, and Citigroup surprising investors on the upside but warning that they are setting aside more money for a recession. This holiday-shortened week will bring more news for markets to gauge the health of the world's largest economy, including Wednesday's PPI and retail sales report and more results from corporate America. In regular trading on Friday, the Dow closed 0.3% higher and reported its best week since November. The S&P 500 added 0.4% while the Nasdaq 100 gained 0.7%, its longest winning rally since 2021. 2023-01-16T14:30:00"
Dollar Weakens on Slower Fed Hike Bets,Currency,"Dollar Weakens on Slower Fed Hike BetsUnited States CurrencyThe dollar index weakened below 102 in holiday-thinned on Monday, hitting its lowest levels in over seven months as easing US inflation and related expectations sparked hopes for less aggressive interest rate hikes from the Federal Reserve. The annual inflation rate in the US slowed for a sixth straight month to 6.5% in December, in line with market forecasts. That was also the lowest reading since October 2021, raising hopes that inflation peaked in June at 9.1%. Money markets are now pricing an over 90% chance that the central bank will downshift to a smaller 25 basis point rate hike in February after delivering a half-percentage point increase in December. The dollar weakened across the board, with the most pronounced selling against the risk-sensitive New Zealand and Australian dollars.2023-01-16T03:27:23.583"
US Export Prices Fall More than Expected,Export Prices MoM,"US Export Prices Fall More than ExpectedUnited States Export Prices MoMUS export prices fell by 2.6 percent from a month earlier in December of 2022, above expectations of a 0.5 percent drop and following an upwardly revised 0.4 percent retreat in the prior month. It was the sixth consecutive monthly decrease in export prices as nonagricultural export prices fell 2.7 percent, the most since in July 2022 and agricultural export prices decreased 2.4 percent . On a yearly basis, prices for US exports rose by 5 percent, the least since January of 2021 and slowing from the downwardly revised 6.1 percent in the previous month.2023-01-13T13:34:55.44"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open Lower  United States Stock MarketStock futures contracts tied to the three major indices were down roughly 1% on Friday, putting Wall Street on track to open lower as a slew of earnings reports from big banks added to concerns about an economic downturn. JPMorgan Chase kicked off the fourth-quarter earnings reporting season with upbeat results. However, it warned that it is setting aside $1.4 billion in anticipation of a mild recession, which, in turn, drove its shares down 3% in premarket trading. Wells Fargo fell nearly 4% after reporting a 50% drop in quarterly profit as the bank piled cash to prepare for soured loans. Bank of America also declined more than 2% despite reporting a better-than-expected fourth-quarter profit. In other corporate news, Tesla plunged almost 6% after slashing prices for its vehicles sold in the US. For the week, the blue-chip Dow is up roughly 0.9%, while the S&P 500 and Nasdaq 100 added 1.4% and 2.9%, respectively. 2023-01-13T12:48:00"
Bank Of New York Mellon earnings above expectations at 1.30 USD,Earnings,"Bank Of New York Mellon earnings above expectations at 1.30 USDUnited States EarningsBank Of New York Mellon (BK) released earnings per share at 1.30 USD, compared to market expectations of 1.08 USD.2023-01-13T12:14:28.127"
BlackRock earnings above expectations at 8.93 USD,Earnings,"BlackRock earnings above expectations at 8.93 USDUnited States EarningsBlackRock (BLK) released earnings per share at 8.93 USD, compared to market expectations of 7.86 USD.2023-01-13T12:14:26.03"
Wells Fargo earnings above expectations at 1.37 USD,Earnings,"Wells Fargo earnings above expectations at 1.37 USDUnited States EarningsWells Fargo (WFC) released earnings per share at 1.37 USD, compared to market expectations of 1.27 USD.2023-01-13T12:14:23.96"
Bank Of America earnings above expectations at 0.85 USD,Earnings,"Bank Of America earnings above expectations at 0.85 USDUnited States EarningsBank Of America (BAC) released earnings per share at 0.85 USD, compared to market expectations of 0.79 USD.2023-01-13T12:14:21.877"
UnitedHealth earnings above expectations at 5.34 USD,Earnings,"UnitedHealth earnings above expectations at 5.34 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 5.34 USD, compared to market expectations of 5.18 USD.2023-01-13T11:13:34.37"
Dollar Subdued Near Seven-Month Low,Currency,"Dollar Subdued Near Seven-Month Low United States CurrencyThe dollar remained subdued against a basket of major currencies on Friday, testing the 102 neighborhood for the first time since last June, as prospects of a less aggressive tightening from the Federal Reserve spooked investors away from the greenback. In the spotlight was data showing that the annual inflation rate in the US slowed for a sixth straight month to 6.5% in December, in line with market forecasts. That was also the lowest reading since October 2021, offering hopes that inflation peaked in June at 9.1%. Money markets are now pricing an over 90% chance that the central bank would downshift to a smaller 25 basis point rate hike in February after delivering a half-percentage point increase in December. The DXY fell roughly 1.5% this week, marking the sharpest weekly decline since early November. 2023-01-13T10:06:36.443"
US 10-Year Treasury Yield Hovers Near Four-Month Low,Government Bond 10Y,"US 10-Year Treasury Yield Hovers Near Four-Month Low United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, bottomed below 3.5%, closing in on its lowest level since last September, as prospects of a less aggressive Federal Reserve boosted appetite for government debt. As broadly expected, inflation in the US slowed for a sixth consecutive month to 6.5% in December, offering hope that price pressures have peaked and giving the Federal Reserve room to slow its pace of rate hikes. At the same time, concerns mount that the US is heading for a recession this year, with several sectors of the economy, including housing, industry, and, more recently, services, flashing recessionary signs. Money markets are now pricing an over 90% chance that the US central bank will hike rates by 25 basis points in February 2023.2023-01-13T09:05:00"
Dollar Languishes on Slower Fed Hike Bets,Currency,"Dollar Languishes on Slower Fed Hike BetsUnited States CurrencyThe dollar index traded around 102.3 on Friday, hovering near its lowest levels in seven months as data showed that US inflation eased further in December, fueling bets that the Federal Reserve will slow the pace of interest rate hikes. The annual inflation rate in the US slowed for a sixth straight month to 6.5% in December, in line with market forecasts. That was also the lowest reading since October 2021 and follows a 7.1% rise in November. Markets are now betting that the central bank would downshift to a smaller 25 basis point rate hike in its next meeting after delivering a half-percentage point increase in December. Meanwhile, a drumbeat of Fed officials reiterated their hawkish stance this week, with Fed Chair Jerome Powell saying that “restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy.” 2023-01-13T03:56:16.413"
US Budget Deficit Widens to $85 Billion in December,Government Budget Value,"US Budget Deficit Widens to $85 Billion in DecemberUnited States Government Budget ValueThe US government budget deficit nearly quadrupled to USD 85 billion in December of 2022 from USD 21.3 billion in the corresponding period of the previous year, compared to market expectations of a USD 70 billion shortfall. Outlays rose 6% to USD 540 billion, as interest on the public debt grew by $9 billion from a year earlier and Social Security outlays rose because of cost-of-living adjustments. Receipts shrank by 7 percent to USD 455 billion from December 2021 as individual withheld receipts from 2022 year-end bonuses dropped to zero.

2023-01-12T19:14:00"
US Energy Inflation Hits Near 2-Year Low,Energy Inflation,"US Energy Inflation Hits Near 2-Year LowUnited States Energy InflationThe cost of energy in the US increased at a much slower 7.3% year-on-year in December of 2022, down significantly from a 13.1% rise in the previous month. It was the lowest reading since February of 2021, supported by a decrease in prices of gasoline (-1.5% vs 10.1% in November) and a slowdown for fuel oil (41.5% vs 65.7%). On the other hand, cost accelerated for electricity (14.3% vs 13.7%) and natural gas (19.3% vs 15.5%).

2023-01-12T13:48:00"
Treasury Yields Ease Following CPI,Government Bond 10Y,"Treasury Yields Ease Following CPIUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, held the decline from early January and hovered at a one-month low of 3.5% as investors digested the latest domestic price data for hints on the Federal Reserve’s incoming interest rate decisions. Inflation in the US slowed for a sixth month to 6.5% in December, as broadly expected, and challenged the Fed’s hawkish rhetoric that continuously pushes back against hopes of a dovish pivot. Recently, San Francisco Fed president Mary Daly noted that she expects interest rates to rise beyond 5% in 2023. Her Atlanta counterpart Raphael Bostic echoed a similar view by saying that policymakers should hike above 5% by early in the second quarter and hold rates there for a long time. Consistent with the central bank’s perception of a tight labor market, initial unemployment claims unexpectedly fell to a three-month low on the week ending January 6th.2023-01-12T13:46:08.477"
US Food Inflation Hits 6-Month Low,Food Inflation,"US Food Inflation Hits 6-Month LowUnited States Food InflationFood prices in the United States increased at a slower 10.4% from a year earlier in December of 2022, decelerating from a 10.6% rise in November and a peak of 11.4% in August. It was the lowest reading since June of 2022, as prices slowed down further for both food at home (11.8% vs 12% in November) and food away from home (8.3% vs 8.5%).2023-01-12T13:45:00"
US CPI Falls for 1st Time since May 2020,Inflation Rate MoM,"US CPI Falls for 1st Time since May 2020United States Inflation Rate MoMThe Consumer Price Index in the United States decreased 0.1% month-over-month in December of 2022, the first decline since May of 2020 and beating market forecasts of a flat reading. Gasoline costs dropped 9.4%, more than offsetting a 0.8% increase in shelter prices. Food prices were up 0.3%, below 0.5% in the previous month. Other increases were also seen for household furnishings and operations (0.3%), motor vehicle insurance (0.6%), recreation (0.2%), and apparel (0.5%). In contrast, the indexes for used cars and trucks (-2.5%), and airline fares (-3.1%) were among those that decreased over the month.2023-01-12T13:41:00"
DXY Falls to 7-Month Lows,Currency,"DXY Falls to 7-Month LowsUnited States CurrencyThe dollar index was approaching 102.5, the lowest since early June, after rising to 103.2 earlier in the session after another slowdown in the US inflation rate cooled down rate hike bets. Still, headline figures came in line with market expectations, and some investors were hoping for a lower reading. It comes after a drumbeat of Fed officials reiterated their hawkish stance this week, with Fed Chair Jerome Powell saying that “restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy.” Meanwhile, another report showed weekly claims unexpectedly fell to a three-month low, underlining a still-tight labor market. 2023-01-12T13:32:00"
US Core CPI Matches Forecasts,Core Inflation Rate MoM,"US Core CPI Matches ForecastsUnited States Core Inflation Rate MoMUS core consumer prices, which exclude volatile items such as food and energy, went up by 0.3% from a month earlier in December of 2022, compared to a 0.2% rise in the prior month, in line with market expectations. The indexes which increased in December include shelter, household furnishings and operations, motor vehicle insurance, recreation, and apparel, while the decreases were reported for used cars and trucks, and airline fares. Year-on-year, core consumer prices advanced 5.7% in December, slowing from a 6% increase in November, and matching market forecasts.

2023-01-12T13:31:00"
Dollar Eases Ahead of Key Inflation Report,Currency,"Dollar Eases Ahead of Key Inflation ReportUnited States CurrencyThe dollar index fell toward 103 on Thursday, sliding back to its lowest levels in seven months as investors cautiously awaited key US inflation data that could influence the trajectory of Federal Reserve interest rate hikes. Investors are betting that the December CPI report would show further easing in price pressures, supporting the case for a less aggressive tightening from the central bank. Meanwhile, a drumbeat of Fed officials reiterated their hawkish stance this week, with Fed Chair Jerome Powell saying that “restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy.” Elsewhere, China’s reopening from Covid curbs that bolstered the outlook for the global economy, as well as a budding rally in risk assets also added downward pressure on the dollar. The dollar weakened across the board, with the most pronounced selling against the Japanese yen.2023-01-12T03:43:45.187"
US Stocks End Higher As Optimism Remains,Stock Market,"US Stocks End Higher As Optimism RemainsUnited States Stock MarketThe Dow added more than 250 points on Wednesday, while the S&P 500 gained 1.3% and the Nasdaq 100 marked its 4-day winning streak since September, advancing 1.8%. Confidence rose among investors betting on the US Thursday’s inflation report to show cooling signals and a downshift in the Fed's rate hike. It comes after Fed Chair Jerome Powell, in a speech delivered to Sweden's Riksbank on Tuesday, abstained from commenting on the outlook for monetary policy, contrasting with some hawkish messages from his colleagues earlier this week. Globally, hopes grew that China's reopening would boost growth prospects for the country and other economies. On the corporate side, Bed Bath & Beyond shares posted a record one day, up more than 68%, on speculation that the company could be a potential acquisition target.2023-01-11T21:11:00"
US Crude Stocks Rise Most since February 2021: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise Most since February 2021: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the US surged by 18.962 million barrels in the week ended January 6th, the most since February 2021 and compared with market expectations of a 2.243 million draw, the latest US Energy Information Administration report showed. Meanwhile, crude stocks at the Cushing, Oklahoma, delivery hub increased by 2.511 million barrels, after a 244 thousand increase in the previous week. Also, gasoline stocks rose by 4.114 million barrels, more than forecasts of a 1.186 million barrel increase. On the other hand, distillate stockpiles, including diesel and heating oil, dropped by 1.069 million, versus expectations for a 0.472 million decrease.2023-01-11T15:34:54.233"
Wall Street Extends Rally,Stock Market,"Wall Street Extends Rally United States Stock MarketThe Dow advanced more than 150 points on Wednesday, while the S&P 500 and the Nasdaq 100 were up roughly 0.8% and 1.2%, respectively, with investors' focus turning to the US inflation report due on Thursday for hints on the Federal Reserve's next move. The overall economic picture has improved recently on the back of signs that inflation is cooling, allowing monetary policymakers to slow down the pace of tightening while easing some worries about a deep economic downturn. At the same time, hopes grew that China's reopening would boost growth prospects for the country and other economies. On the policy front, Fed Chair Jerome Powell, in a speech delivered to Sweden's Riksbank on Tuesday, abstained from commenting on the outlook for monetary policy, contrasting with some hawkish messages from his colleagues earlier this week. On the corporate side, Bed Bath & Beyond remained in the spotlight, up more than 20%, on speculation that the company could be a potential acquisition target.2023-01-11T14:32:00"
Wall Street Set for Muted Open,Stock Market,"Wall Street Set for Muted Open United States Stock MarketStock futures contracts tied to the three major indices were trading around the flatline with some positive bias on Wednesday as investors waited anxiously for US inflation data on Thursday for clues on the Federal Reserve's next move. The overall economic picture has improved recently on the back of signs that inflation is cooling, allowing monetary policymakers to slow down the pace of tightening while easing some worries about a deep recession. On top of that, hopes grew that China's reopening would boost growth prospects for the country and other economies. At the same time, Fed Chair Jerome Powell, in a speech delivered to Sweden's Riksbank, abstained from commenting on the outlook for monetary policy, contrasting with some hawkish messages from his colleagues earlier this week. On the corporate side, Bed Bath & Beyond remains in the spotlight, up more than 25% in premarket trading, on some speculation that the company could be a potential acquisition target. 2023-01-11T12:45:00"
Mortgage Rates Fall in Latest Week,Mortgage Rate,"Mortgage Rates Fall in Latest WeekUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) in the US fell by 16bps to 6.42% in the first week of January 2023 from 6.58% in the last week of 2022,  closing in on the lowest level since mid-September, data from the Mortgage Bankers Association (MBA) showed. “Mortgage rates declined last week as markets reacted to data showing a weakening economy and slowing wage growth. All loan types in the survey saw a decline in rates,” said Joel Kan, an MBA economist. In January 2022, interest rates were much lower at 3.52% and in January 2020, before the covid pandemic, the rate was 3.91%.2023-01-11T12:13:00"
Dollar Steadies as Inflation Data Looms,Currency,"Dollar Steadies as Inflation Data LoomsUnited States CurrencyThe dollar index steadied above 103 on Wednesday as investors look ahead to the US CPI report due later this week to see whether it will confirm that inflation is trending lower. Federal Reserve Chair Jerome Powell also avoided making comments on the outlook for monetary policy in a speech on Tuesday, but he said that “restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy.” Moreover, Fed Governor Michelle Bowman said the central bank has more work to do to curb inflation, noting that more rate increases are needed. Meanwhile, the dollar index remains close to its lowest levels in seven months on growing expectations that US inflation will continue to ease, while a budding rally in risk assets weighed on the currency further.2023-01-11T03:30:37.023"
Powell Says Unpopular Decisions Are Necessairy to Bring Down Prices,Interest Rate,"Powell Says Unpopular Decisions Are Necessairy to Bring Down PricesUnited States Interest Rate“Price stability is the bedrock of a healthy economy and provides the public with immeasurable benefits over time. But restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow the economy,” the chairman said in prepared remarks for the panel discussion in Stockholm. Powell's comments focused on central banks' independence and were short of details on the coming interest-rate decisions. The Federal Reserve raised the fed funds rate by 50bps to 4.25%-4.5% during its last monetary policy meeting of 2022, pushing borrowing costs to the highest level since 2007, and in line with market expectations. Fed Officials also have signaled their intention to lift the rate above 5% in 2023 and keep it there throughout the year.2023-01-10T19:37:00"
US 10-Year Treasury Yield Bounces Back Above 3.6%,Government Bond 10Y,"US 10-Year Treasury Yield Bounces Back Above 3.6% United States Government Bond 10YThe US 10-year Treasury note yield, seen as a proxy for global borrowing costs, moved back toward the 3.6% mark, as hawkish remarks from Fed policymakers once again dashed for an imminent policy pivot. San Francisco Fed president Mary Daly noted that she expects interest rates to rise beyond 5% in 2023. Her Atlanta counterpart Raphael Bostic echoed a similar view by saying that policymakers should hike above 5% by early in the second quarter and hold rates there for a long time. However, investors are not blindly buying this tightening narrative, with speculation about a recession prompting bets that the Federal Reserve will eventually cut rates later this year. Data from the Institute for Supply Management showed a contraction in December in US manufacturing and services activity. At the same time, the Labor Department's closely watched employment report showed that nonfarm payrolls grew by 223K, the least since December 2020, while average hourly earnings slowed more than expected. 2023-01-10T16:06:00"
US Wholesale Inventories Rise Further in November,Wholesale Inventories,"US Wholesale Inventories Rise Further in NovemberUnited States Wholesale InventoriesWholesale inventories in the United States rose by 1% from a month earlier to $933.1 billion in November of 2022, in line with preliminary estimates and picking up from the 0.6% increase in the previous month. Inventories accumulated at a faster pace for durable goods (1.1% vs 0.8% in October), amid a rebound for inventory changes of furniture (1.4% vs -2.2%) and professional equipment (1% vs -0.2%), while growth continued at a high pace for machinery (2.2% vs 2.9%). Inventories levels also accelerated for non-durable goods (0.7% vs 0.3%), largely due to rebounds in stocks of drugs (2.7% vs -0.7%) and apparel (2.3% vs -0.5%). On an annual basis, wholesale inventories rose by 20.9%, slightly below the 21.9% increase from the prior month.2023-01-10T15:04:00"
DXY Bounces Off Seven-Month Low,Currency,"DXY Bounces Off Seven-Month LowUnited States CurrencyThe dollar strengthened against a basket of major currencies on Tuesday, recovering from a seven-month low of 102.9 in the prior session to around the 103.5 mark, as hawkish remarks from Fed policymakers sparked a fresh wave of buying for the greenback. San Francisco Fed president Mary Daly noted that she expects interest rates to rise beyond 5% in 2023. Her Atlanta counterpart Raphael Bostic echoed a similar view by saying that policymakers should hike above 5% by early in the second quarter and hold rates there for a long time. This dollar’s strength was seen across the board, with some of the most pronounced buying activity against the Australian dollar. The dollar has been under pressure since November as signs that inflation is cooling and speculation of a US recession tempered some expectations that the Fed will continue to hike rates aggressively. 2023-01-10T12:57:26.397"
Dollar Holds Decline as Fed Outlook Mulled,Currency,"Dollar Holds Decline as Fed Outlook MulledUnited States CurrencyThe dollar index held its recent decline to around 103.2 on Tuesday, trading near its lowest levels in seven months as investors continued to assess the likely path of Federal Reserve interest rate hikes. The greenback lost nearly 2% in the past two sessions as softer-than-expected US data tempered expectations that the Fed will continue to hike rates aggressively. Still, San Francisco Fed Bank President Mary Daly said she expects the central bank to raise rates to somewhere over 5%, while Atlanta Fed Bank President Raphael Bostic noted that policymakers should hike above 5% by early in the second quarter and hold them there for a long time. Investors now look ahead to the December inflation report on Thursday for further clues about the Fed's next move, as well as Fed Chair Jerome Powell’s speech later on Tuesday.2023-01-10T04:53:54.5"
US Consumer Credit Growth Beats Forecasts,Consumer Credit,"US Consumer Credit Growth Beats ForecastsUnited States Consumer CreditTotal consumer credit in the US rose by $27.96 billion in November of 2022, after an upwardly revised $29.12 billion increase in the previous month but above market expectations of a $25 billion rise. On an annual basis, consumer credit was up by 7.1 percent in November after a 7.4 percent gain in the prior month. Revolving credit, like credit cards, surged 16.9  percent, compared to a 10.3 percent rise in the prior month. Nonrevolving credit, typically auto and student loans, increased by 3.9 percent, following a 6.5 percent gain in the prior month.2023-01-09T20:23:00"
Wall Street Enjoys Wave of Momentum,Stock Market,"Wall Street Enjoys Wave of Momentum United States Stock MarketThe Dow added 200 points on Monday, while the S&P 500 and the Nasdaq 100 were up 1.2% and 2%, respectively, as hopes grew that the Federal Reserve might dial back its aggressive monetary tightening. Signs that inflation could be easing and concerns about an imminent recession prompted bets that the Federal Reserve would slow down the pace of interest-rate hikes in February and that it would even be cutting rates later this year. Adding to the cheaper mood was optimism around China's reopening after the world's second-largest economy announced more financial aid to households and companies to shore up growth while moving away from a strict Covid-Zero policy. On the corporate side, Bed Bath & Beyond jumped around 40% in another bout of extreme volatility ahead of the company's earnings report later this week. Bed Bath & Beyond warned last week that bankruptcy is likely due to a massive drop in sales. 2023-01-09T14:33:00"
Dollar Hovers Near Seven-Month Lows,Currency,"Dollar Hovers Near Seven-Month LowsUnited States CurrencyThe dollar weakened sharply against a basket of major currencies on Monday, testing the 103 mark for the first time since last June amid prospects that the Federal Reserve could soon slow down the pace of its monetary policy tightening. Last week, weaker-than-expected ISM manufacturing and services data fuelled concerns about a recession, which, combined with the payrolls report showing slowing wage growth, paved the way for a less aggressive tightening stance from the US central bank. Now, all eyes are on the CPI report, due on Thursday, for further clues about the Fed's next move. The dollar weakened across the board, with the most pronounced selling activity against risk-sensitive currencies such as the Australian and New Zealand dollars.2023-01-09T14:08:34.763"
Wall Street Set to Open Higher,Stock Market,"Wall Street Set to Open HigherUnited States Stock MarketUS stock futures tracking the broader market were up roughly 0.5% on Monday, putting Wall Street on track to start the week higher as hopes grew that the Federal Reserve might dial back it's aggressive monetary tightening. Signs that inflation could be easing and concerns about an imminent recession prompted bets that the Federal Reserve would slow down the pace of interest-rate hikes in February and that it would even be cutting rates later this year. Adding to the cheaper mood was optimism around China's reopening after the world's second-largest economy announced more financial aid to households and companies to shore up growth while moving away from a strict Covid-Zero policy. On the corporate side, Bed Bath & Beyond jumped roughly 20% in premarket trading in another bout of extreme volatility after the WSJ reported that the company was preparing to file for bankruptcy within weeks. 2023-01-09T12:55:00"
US 10-Year Treasury Yield Consolidates Around 3.5%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Around 3.5%United States Government Bond 10YThe US 10-year Treasury note yield, seen as a proxy for global borrowing costs, consolidated around 3.5%, as signs of an imminent recession in the US and prospects of a less aggressive monetary tightening from the Federal Reserve lifted appetite for government debt. Data from the Institute for Supply Management showed a contraction in December in US manufacturing and services activity. At the same time, the Labor Department's closely watched employment report showed that nonfarm payrolls grew by 223K, the least since December 2020, while average hourly earnings slowed more than expected. Now, all eyes are on the CPI report, due on Thursday, for hints on how much further the Federal Reserve may tighten financial conditions as it seeks to cool an overheating economy. Money markets are betting that the US central bank will hike rates by 25 basis points in February 2023. 2023-01-09T12:28:00"
Dollar Extends Fall as Fed Outlook Mulled,Currency,"Dollar Extends Fall as Fed Outlook MulledUnited States CurrencyThe dollar index slipped toward 103.5 on Monday, extending a sharp decline in the previous session as weaker-than-expected US data released last week sparked hopes that the Federal Reserve would slow the pace of its interest rate hikes. US nonfarm payrolls rose by 223,000 jobs in December, posting slightly above expectations but a 0.3% rise in average earnings was smaller than projected and slowed from a 0.4% increase in November. ISM data also showed that US services sector activity unexpectedly contracted in December at the steepest  pace in 2-½ years amid weakening demand. Meanwhile, minutes of the FOMC's December meeting showed that policymakers committed to pushing rates higher and holding them at a restrictive level until there were clear signs that inflation was easing. The dollar weakened across the board, with the most pronounced selling activity against  risk-sensitive currencies such as the Australian and New Zealand dollars.2023-01-09T02:51:21.363"
10-Year Treasury Yield Falls Below 3.6%,Government Bond 10Y,"10-Year Treasury Yield Falls Below 3.6%United States Government Bond 10YThe yield on the US 10-year Treasury fell by 15bps to 3.6% on Friday, the lowest in three weeks, as investors digested a batch of fresh economic data for hints on the outlook of the Fed’s monetary policy. US wage growth unexpectedly slowed in December and earnings for previous months were revised sharply lower. Also, ISM data showed that factory orders contracted more than expected, while service activity unexpectedly declined. Still, a batch of labor data released this week confirmed that the US labor market remains stubbornly tight, with non-farm payrolls, ADP employment change, and ISM manufacturing employment surprising to the upside. 2023-01-06T15:44:00"
US Factory Orders Fall More than Expected,Factory Orders,"US Factory Orders Fall More than ExpectedUnited States Factory OrdersNew orders for US manufactured goods decreased by 1.8 percent in November of 2022, following three consecutive monthly increases and compared with market expectations of a 0.8 percent decline. Orders for durable goods dropped 2.1 percent, after a 0.7 percent increase in October, mainly due to fall in transportation equipment (-6.3 percent) and primary metals (-0.6 percent) while orders increased for computers and electronic products (0.6 percent). Also, demand for non-durable goods fell 1.4 percent, after a 0.1 percent increase. Excluding transportation, factory orders went down 0.8 percent (vs 0.1 percent). 2023-01-06T15:11:00"
Dollar Subdued After Employment Data,Currency,"Dollar Subdued After Employment Data  United States CurrencyThe dollar index failed to hold its initial upside momentum on Friday, pulling from a one-month high of 105.6 to bottom below the 104 mark after the latest jobs report showed wage inflation slowed in December, easing worries over the Federal Reserve's rate-hike path. The Fed wants to see rising wages to help Americans keep up with inflation but avoid a wage-price spiral. Still, the Labor Department's closely watched employment report showed that US employers hired more workers than expected in December, with nonfarm payrolls increasing by 223,000 jobs last month. Meanwhile, minutes of the FOMC's December meeting showed that policymakers committed to pushing rates higher and holding them at a restrictive level until there were clear signs that inflation was easing. This dollar’s weakness was seen across the board, with some of the most pronounced selling activity against risk-sensitive currencies such as the Australian and New Zealand dollars.2023-01-06T14:29:00"
Treasury Yields Fall After NFP,Government Bond 10Y,"Treasury Yields Fall After NFPUnited States Government Bond 10YThe yield on the US 10-year Treasury fell to below 3.7%, the lowest in two weeks after data showed US wages grew less than expected easing concerns about further tightening by the Fed. Still, the report showed labor market remains stubbornly tight backing the Federal Reserve’s hawkish stance that interest rates need to be more restrictive for a longer period. The US economy added 223 thousand jobs in December, well above estimates of 200 thousand and the jobless rate fell to 3.5%.2023-01-06T13:58:00"
DXY Holds Above 105,Currency,"DXY Holds Above 105United States CurrencyThe dollar index held above the 105 mark on Friday, remaining close to its highest in a month, after the latest jobs report showed the labour market remains strong, keeping pressure on the Fed. The US economy added 223K jobs in December, beating market expectations of 200K. Still, weaker-than-expected wage growth eased some concerns about the pace of the Federal Reserve's interest rate rises. Meanwhile, minutes of the FOMC's December meeting showed that policymakers committed to pushing rates higher and holding them at a restrictive level until there were clear signs that inflation was easing. The dollar rallied against most major currencies while it continued to depreciate against emerging market currencies.2023-01-06T13:45:00"
US Jobless Rate Unexpectedly Falls,Unemployment Rate,"US Jobless Rate Unexpectedly FallsUnited States Unemployment RateThe unemployment rate in the US dropped to 3.5 percent in December 2022, falling below market expectations of 3.7 percent and matching the rates seen in September and July, which were the lowest since February 2020. The latest jobs report came on the heels of a sharp decline in weekly jobless claims to three-month lows and a smaller-than-expected decrease in the level of job openings in November, pointing to a still-tight and strong labor market, which could mean the US central bank will continue hiking interest rates for a while. The number of unemployed persons declined by 278 thousand to 5.72 million in December, while the number of employed increased by 717 thousand to 159.2 million.2023-01-06T13:33:00"
Dollar Holds Up on Strong Jobs Data,Currency,"Dollar Holds Up on Strong Jobs DataUnited States CurrencyThe dollar index broke above the 105 mark on Friday to levels not seen in a month, with robust labor market data supporting the Federal Reserve'sReserve's case to raise interest rates. ADP data released Thursday showed that US private employment increased by 235,000 jobs in December, far exceeding expectations for a 150,000 rise, while the latest JOLTs Job Openings figures and jobless claims numbers also pointed to a still-tight US labor market. Now, all eyes are on the December nonfarm payrolls report later today, which will offer critical insight into the next move in interest rates and the health of the world'sworld's largest economy. Meanwhile, minutes of the FOMC's December meeting showed that policymakers committed to pushing rates higher and holding them at a restrictive level until there were clear signs that inflation was easing. The dollar rallied against most major currencies while it continued to appreciate against emerging market currencies.2023-01-06T03:51:00"
US Crude Stocks Fall More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Fall More than Expected: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the US went up by 1.694 million barrels in the week ended December 30th, more than market expectations of a 1.154 million rise, the latest US Energy Information Administration report showed. Meanwhile, crude stocks at the Cushing, Oklahoma, delivery hub increased by 244 thousand barrels, after a 195 thousand draw in the previous week. Meanwhile, gasoline stocks decreased 346 thousand barrels, less than forecasts of a 486 thousand barrel fall; and distillate stockpiles, including diesel and heating oil, dropped by 1.427 million, versus expectations for a 0.396 million decrease.2023-01-05T16:11:17.483"
US Natural Gas Storage Declines Sharply: EIA,Natural Gas Stocks Change,"US Natural Gas Storage Declines Sharply: EIAUnited States Natural Gas Stocks ChangeUS utilities pulled 221 billion cubic feet (bcf) of gas from storage during the week ended  December 30th, way more than a decrease of 46 bcf in the same week last year and a five-year (2017-2021) average decline of 98 bcf. Colder-than-normal weather prompted consumers to burn lots of gas to heat their homes and businesses. Figures compared with market expectations for a 228 bcf drop.2023-01-05T15:37:22.47"
US Private Sector Output Falls Sharply at End of 2022,Composite PMI,"US Private Sector Output Falls Sharply at End of 2022United States Composite PMIThe S&P Global US Composite PMI was revised slightly higher to 45.0 in December 2022, up from a preliminary estimate of 44.6 and compared with November's 46.4. Still, the latest reading indicated a strong decline in private sector business activity, led by sharp declines in both manufacturing and services output. Overall new business dropped the most since May 2020 amid a broad-based downturn in client demand, while the rate of job creation was only marginal overall and the second-weakest since September 2021. On the price front, inflationary pressures eased notably at the end of the year, as cost burdens rose at the slowest pace since October 2020 and selling prices increased the least in over two years.2023-01-05T14:54:39.533"
US Services PMI Revised Slightly Higher,Services PMI,"US Services PMI Revised Slightly HigherUnited States Services PMIThe S&P Global US Services PMI was revised slightly higher to 44.7 in December of 2022 from a preliminary of 44.4 but continued to point to the biggest contraction in the services sector in four months and was the second-fastest since May of 2020. Lower business activity was commonly attributed to a further reduction in new orders, as client demand weakened due to the impact of higher interest rates and inflation on customer spending. New export orders also declined amid global economic uncertainty and high inflation in key export markets. Meanwhile, job creation was only marginal overall as cost saving initiatives and lay-offs weighed on hiring. On the price front, input inflation was the slowest since October of 2020 as higher supplier and wage bills were partly offset by reductions in some key input prices. Finally, service sector firms registered optimistic
expectations regarding the year ahead.2023-01-05T14:51:58.667"
DXY Approaches 105 Mark,Currency,"DXY Approaches 105 Mark United States CurrencyThe dollar tested the 105 neighborhood for the first time in three weeks as investors digested a slew of job market data that paved the way for an aggressive Federal Reserve. Stronger-than-forecasted ADP and JOLTs Job Openings figures, coupled with a decline in jobless claims numbers, pointed to a still-tight labor market, which, in turn, fueled bets that rates would have to move even higher to cool the economy. Now, all eyes turn to the nonfarm payroll report on Friday for clues about the next move in interest rates. On the policy side, minutes from the FOMC December meeting also echoed this view, with policymakers committed to pushing rates higher and holding them at a restrictive level until there were clear signs that inflation was easing. This dollar's strength was seen across the board, with some of the most pronounced buying activity against the British pound and risk-sensitive currencies such as the Australian and New Zealand dollars.2023-01-05T14:35:00"
US Imports Slump 6.4% in November,Imports,"US Imports Slump 6.4% in NovemberUnited States ImportsImports to the United States fell by $21.5 billion, or 6.5%, to $313.4 billion in November of 2022, the lowest since December 2021. Imports of goods decreased $20.7 billion to $254.9 billion, in particular pharmaceutical preparations (down $2.9 billion) and cell phones and other household goods (down $2.7 billion). In addition, imports fell for industrial supplies and materials (down $3.7 billion); automotive vehicles, parts, and engines (down $3.3 billion) and capital goods (down $3.0 billion). Imports of services decreased $0.8 billion to $58.5 billion, led by transport and travel. 2023-01-05T13:42:00"
US Exports Fall 2% in November,Exports,"US Exports Fall 2% in NovemberUnited States ExportsExports from the United States fell by $5.1 billion, or 2%, to $251.9 billion in November of 2022, the lowest since March. Exports of goods decreased $5.3 billion to $170.8 billion, led by lower sales of industrial supplies and materials (down $3.6 billion) and capital goods (down $1.3 billion). On the other hand, exports of pharmaceutical preparations increased $1.2 billion. Also, exports of services increased $0.2 billion to $81.0 billion.2023-01-05T13:36:00"
US Job Cuts Fall in December,Challenger Job Cuts,"US Job Cuts Fall in DecemberUnited States Challenger Job CutsUS-based employers announced 43,651 job cuts in December of 2022, less than 76,835 in November which was the biggest since January of 2021. However, it is the second-highest number of monthly job cuts announced in 2022 and 129% above 19,052 cuts announced in the same month in 2021. Considering full 2022, employers announced plans to cut 363,824 jobs, up 13% from the 321,970 cuts announced in 2021. It is the second-lowest recorded total since Challenger began tracking monthly job cut announcements in 1993, with 2021 being the lowest. The tech sector led the losses with a total of 97,171, namely Fintech firms due to the crypto downturn (10,476 cuts). The Automotive industry announced the second-most job cuts in 2022 with 30,912. “The overall economy is still creating jobs, though employers appear to be actively planning for a downturn. Hiring has slowed as companies take a cautious approach entering 2023,” said Andrew Challenger, Senior VP of Challenger, Gray & Christmas.2023-01-05T12:37:00"
US 10-Year Treasury Yield Consolidates Above 3.7%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Above 3.7%United States Government Bond 10YThe US 10-year Treasury note yield, seen as a proxy for global borrowing costs, consolidated above 3.7% as investors digested minutes from the FOMC December meeting. Policymakers confirmed their previous hawkish signals that interest rates must continue to rise and remain at a restrictive level for a prolonged period to bring inflation down to target. However, investors are not blindly buying this tightening narrative, with speculation about a recession prompting bets that the Federal Reserve will cut rates later this year. Some sectors of the US economy, including housing and industry, have already flashed recessionary signs. Now, all eyes turn to the nonfarm payroll report on Friday for clues about the next move in interest rates.2023-01-05T08:47:00"
Dollar Muted Despite Hawkish Fed Minutes,Currency,"Dollar Muted Despite Hawkish Fed MinutesUnited States CurrencyThe dollar index held its recent decline to around 104.2 on Thursday as hawkish signals from the Federal Reserve failed to lift the currency, while an improving risk sentiment globally weighed on the greenback further. Minutes of the Fed’s December meeting showed that officials backed keeping policy restrictive until they see compelling evidence that inflation is trending lower toward the 2% target. Fed officials also stated that a slower pace of rate hike in the last meeting should not be interpreted as a dovish pivot, as borrowing costs still need to increase, but highlighted the need to curb inflation without slowing the economy too much. Moreover, investors assessed data showing US manufacturing activity contracted for the second straight month in December, while job openings pointed to a resilient labor market in November. Investors now look ahead to the December jobs report on Friday, which will be the last employment report before the Fed meets in February.2023-01-05T03:20:03.767"
Treasury Yields Steady Following Fed Minutes,Government Bond 10Y,"Treasury Yields Steady Following Fed MinutesUnited States Government Bond 10YThe yield on the US 10-year Treasury note was stable at the 3.7% level as investors digested minutes from the FOMC’s December meeting. Policymakers confirmed their previous hawkish signals that interest rates must continue to rise and remain at a restrictive level for a prolonged period to bring inflation down to target. Officials also noted that it may take time for price growth to converge to the desired level, raising concerns that high inflation amid elevated borrowing costs will pressure the US economy into a recession. Increasing worries of a slowing economy drove investors to pile onto government debt during the last week. Among the latest signals, fresh ISM PMI data showed that US factory activity contracted for a second month, while job openings edged downwards in November.2023-01-04T19:25:04.723"
US Dollar Inches Higher After FOMC Minutes,Currency,"US Dollar Inches Higher After FOMC MinutesUnited States CurrencyThe dollar index remained at the 104 level on Wednesday, hovering relatively close to the two-week high of 105 touched in the prior session as investors digested minutes from the FOMC’s latest meeting. The document showed that policymakers maintained that restrictive monetary policy will be needed for an extended period of time to bring down inflation to a healthy level. Officials also stated that the slowdown in the pace of interest rate hikes from the prior meeting should not be interpreted as a pivot in monetary policy, as borrowing costs still need to increase. Earlier in the session, JOLT job openings pointed to a lower-than-expected decrease in vacancies, pointing to a continuously tight labor market and backing the Fed's hawkish rhetoric. Still, PMI data showed that factory activity continued to contract.   2023-01-04T19:13:00"
US Job Quits Rise in November,Job Quits,"US Job Quits Rise in NovemberUnited States Job QuitsThe number of job quits in the United States rose by 126,000 from a month earlier to 4.17 million in November 2022. That is below record peaks of roughly 4.6 million quits late last year, but is still historically high, which could force businesses to pay more to keep their workers. Quits increased in health care and social assistance (+82,000); transportation, warehousing, and utilities (+73,000); and information (+19,000). The so-called quits rate, which measures voluntary job leavers as a share of total employment, edged up to 2.7 percent in November from 2.6 percent in October, but was still down from a record high of 3.0 percent seen at the end of 2021.2023-01-04T15:05:00"
US Stocks Rise Ahead of Fed Minutes,Stock Market,"US Stocks Rise Ahead of Fed MinutesUnited States Stock MarketThe Dow added more than 100 points on Wednesday, while the S&P 500 and the Nasdaq 100 were up 0.6% and 0.8%, respectively,  as investors await a slew of data releases in the US calendar and the FOMC minutes for clues on the central bank's rate-hike path. Signs that global inflationary pressures may be peaking encouraged central banks to slow the pace of interest-rate hikes later last year while offering some relief to investors. Rate-sensitive companies, including Alphabet, Apple, and Facebook-parent Meta, were up between 1% and 2%. Now, minutes of the latest Fed policy meeting later today and nonfarm payrolls data on Friday will offer critical insight into the next move in interest rates and the health of the world's largest economy. In other corporate news, Microsoft fell more than 4% after UBS downgraded the company's stocks to ""neutral"". Salesforce also came under pressure after announcing that it would lay off 10% of staff. 2023-01-04T14:36:00"
Wall Street Set to Open Slightly Higher,Stock Market,"Wall Street Set to Open Slightly HigherUnited States Stock MarketStock futures contracts tied to the three major indices were up roughly 0.5% on Wednesday, putting Wall Street on track to rebound as investors await a slew of data releases in the US calendar and the FOMC minutes for clues on the central bank's rate-hike path. Signs that global inflationary pressures may be peaking encouraged central banks to slow the pace of interest-rate hikes later last year while offering some relief to investors. However, as 2023 rolls out, the narrative starts changing from inflation and tightening to recession and sharp downward earnings revisions. Minutes of the latest Fed policy meeting and JOLT job openings data later today will offer critical insight into the next move in interest rates and the health of the world's largest economy. On the corporate side, Microsoft fell more than 2% in premarket trading after UBS downgraded the company's stocks to ""neutral"". 2023-01-04T12:37:00"
US Mortgage Rates on the Rise Again: MBA,Mortgage Rate,"US Mortgage Rates on the Rise Again: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) in the US increased to 6.58% in the week ended December 30th 2022, compared to 6.42% a week earlier, data from the Mortgage Bankers Association (MBA) showed. It is the highest rate since mid-November and close to 2001-highs seen in the beginning of November, which were prompted by a surge in Treasury yields. 2023-01-04T12:19:00"
US Mortgage Applications Sink the Most in 3 Months,Mortgage Applications,"US Mortgage Applications Sink the Most in 3 MonthsUnited States Mortgage ApplicationsMortgage applications in the US declined 10.3% in the week ended December 30th 2022, the biggest decline in three months, led by a 12% plunge in the purchase index and a 4.4% drop in refinancing applications, data from the Mortgage Bankers Association showed. Mortgage rates increased, with the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) jumping to 6.58%, the highest since mid-November. “Mortgage rates are lower than October 2022 highs, but would have to decline substantially to generate additional refinance activity. Purchase applications have been impacted by slowing home sales in both the new and existing segments of the market. Even as home-price growth slows in many parts of the country, elevated mortgage rates continue to put a strain on affordability and are keeping prospective homebuyers out of the market”, according to Joel Kan, an MBA economist.2023-01-04T12:05:00"
US Logistics Index Rebounds in December,Lmi Logistics Managers Index Current,"US Logistics Index Rebounds in DecemberUnited States Lmi Logistics Managers Index CurrentThe Logistics Manager’s Index in the US increased to 54.6 in December of 2022 from 53.6 in November which was the second lowest reading on record, with economic activity usually revolving around holiday shopping firms take steps to prepare for it. Inventory Levels (57.3) are increasing at a much slower rate than was observed throughout most of 2022. Inventory Levels were much higher for Downstream than for Upstream firms (62.8 to 53.3 respectively), as Downstream respondents such as retailers held higher levels of inventory and dealt with more limited warehousing as they pushed to get goods to consumers for holiday shopping. Meanwhile, Transportation Utilization was down to 48.1, marking the first time it has dipped into contraction territory since April of 2020. Transportation Prices contracted at a rate of 36.9, which is the sharpest rate of contraction on record.2023-01-04T10:48:00"
Dollar Eases Ahead of Fed Minutes,Currency,"Dollar Eases Ahead of Fed MinutesUnited States CurrencyThe dollar index slipped to around 104 on Wednesday, easing from a two-week high of 104.86 reached in the previous session as investors cautiously awaited the Federal Reserve’s December meeting minutes, which could provide clues on its policy tightening path. Investors are also looking ahead to a raft of US economic data this week, headlined by the December jobs report on Friday. Recession fears in the US gripped markets at the start of the year, with former New York Fed President William Dudley saying that a US recession is on the cards but will not likely be severe. On top of that, former Fed Chair Alan Greenspan said a recession is the “most likely outcome” for the world’s largest economy. The US central bank hiked its federal-funds rate by a cumulative 4.25% in 2022, bringing borrowing costs to the highest since 2007. It also signaled further tightening in an ongoing effort to bring down inflation.2023-01-04T04:18:00"
US Stocks Start Year on Sour Note,Stock Market,"US Stocks Start Year on Sour NoteUnited States Stock MarketMajor US stock indices failed to sustain early gains and closed in the red on Tuesday, the first trading day of the year, amid persistent concerns that the Federal Reserve will continue to raise interest rates and hurt growth to bring inflation down to its target. The Dow erased a near 200-point gain and closed below the flatline and the S&P 500 lost 0.4%, as the 4% decline in crude oil prices pressured energy giants. In the meantime, the Nasdaq 100 underperformed and dropped 0.7%, remaining under pressure after sliding 33% in 2022 as aggressive monetary tightening continues to hit the rate-sensitive tech sector. Tesla plummeted 12.4% after the electric-vehicle maker missed its 2022 delivery target, and Apple dropped 3.7% after reports that the tech giant will cut production due to weak demand. Now, investors' focus turns to minutes of the latest Fed policy meeting on Wednesday, which may provide insight into where the pain threshold lies for Fed officials.2023-01-03T21:07:00"
US Manufacturing PMI Unrevised in December,Manufacturing PMI,"US Manufacturing PMI Unrevised in DecemberUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was unrevised at 46.2 in December of 2022, pointing to the biggest contraction in factory activity since May of 2020, amid weak client demand. Output fell at a solid pace that was the quickest in just over two-and-a-half years and new orders fell at one of the fastest rates ever. Companies noted that weak client demand stemmed from economic uncertainty and inflationary pressures leading to lower purchasing power among customers. Foreign client demand also contracted as dollar strength and global economic uncertainty weighed. Also, purchasing activity dropped markedly and at the fastest pace since May 2020, leading to broadly unchanged lead times for inputs, as supplier capacity constraints were less apparent than earlier in the year. Meanwhile, backlogs of work contracted at a steep pace and employment rose only slightly. On the price front, inflation slowed. Also, output expectations picked up to three-month high, but remained historically subdued.2023-01-03T14:54:08.017"
US Stocks Start 2023 on Bright Note,Stock Market,"US Stocks Start 2023 on Bright NoteUnited States Stock MarketThe Dow added roughly 100 points on Tuesday, while the S&P 500 and Nasdaq rallied 0.5% and 0.9%, respectively, buoyed by some dip-buying strategies while fading Treasury yield brought some respite to tech and other high-growth stocks. Still, volatility is expected to remain elevated amid growing concerns that an aggressive tightening from the Federal Reserve will tip the US economy into a recession later this year. Minutes of the latest Fed policy meeting on Wednesday may provide insight into where the pain threshold lies for Fed officials, who are still somewhat hawkish despite evidence of cooling inflation and sluggish growth. On the corporate side, Tesla dropped more than 5% after the electric-vehicle market missed its 2022 delivery target.2023-01-03T14:37:00"
US 10-Year Treasury Yield Consolidates Below 3.7%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Below 3.7%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, bottomed below 3.7% as investors piled into government debt amid prospects that the Federal Reserve will gradually move away from its aggressive stance as the US could slip into a recession later this year. Some sectors of the US economy, including housing and industry, have already flashed recessionary signs. On top of that, tightening financial conditions have already started to dent consumer spending and will likely lead to job losses. Now all eyes turn to the Federal Reserve's minutes on Wednesday and the nonfarm payroll report on Friday for clues about the next move in interest rates.2023-01-03T13:18:00"
DXY Bounces Back Towards 105,Currency,"DXY Bounces Back Towards 105United States CurrencyThe dollar strengthened sharply against a basket of major currencies on Tuesday, moving towards the 105 mark in the run-up to minutes from the Federal Reserve's December meeting, which could provide cues on its policy tightening path. The US central bank hiked its federal-funds rate by a cumulative 4.25% in 2022, the most since 1980, bringing borrowing costs to the highest level in 15 years. Investors are now wary of an imminent recession and a potentially prolonged period of sluggish economic growth. The December nonfarm payroll report on Friday will also be a key driver for the greenback this month while paving the way for the Fed's policy stance. This dollar's strength was seen across the board, with some of the most pronounced buying activity against risk-sensitive currencies such as the Australian and New Zealand dollars.2023-01-03T12:51:05.12"
US Stock Futures Rise,Stock Market,"US Stock Futures Rise United States Stock MarketStock futures contracts tied to the three major indices were up roughly 0.5% on Tuesday, the first trading day of 2023, as investors continued to assess the outlook for monetary policy and economic growth. A dismal 2022 prompted investors to take advantage of lower valuations while rebalancing their portfolios to cope with the current environment of fading  Treasury yields. Still, volatility is expected to remain elevated amid growing concerns that an aggressive tightening from the Federal Reserve will tip the US economy into a recession later this year. Minutes of the latest Fed policy meeting on Wednesday may provide insight into where the pain threshold lies for Fed officials, who are still somewhat hawkish despite evidence of cooling inflation and sluggish growth. On the corporate side, Tesla dropped 5% in premarket trading after the electric-vehicle market missed its 2022 delivery target. 2023-01-03T12:07:00"
Dollar Muted as Traders Await More Data,Currency,"Dollar Muted as Traders Await More DataUnited States CurrencyThe dollar index held around 103.5 in muted trade on Tuesday as investors return from a holiday-extended weekend, while looking ahead to more data that could guide the outlook for growth and monetary policy. Among others, traders are awaiting US manufacturing PMI data on Tuesday, the latest Federal Reserve policy meeting minutes on Wednesday and the December jobs report on Friday. The greenback held steady against the euro, sterling and antipodean currencies, while it fell to near seven-month lows against the yen on growing speculation that the Bank of Japan might shift away from ultra-easy policy. Meanwhile, the dollar index gained about 14% in 2022 as the Fed embarked on a historic tightening campaign to rein in surging inflation. However, the currency weakened in the fourth quarter as the central bank slowed the pace of rate increases, though it signaled further rate hikes this year.2023-01-03T05:42:05.76"
US Futures Fall to Kick Off the New Year,Stock Market,"US Futures Fall to Kick Off the New YearUnited States Stock MarketUS stock futures fell on Tuesday ahead of the first trading day of 2023, as investors continued to assess the outlook for monetary policy and economic growth. Dow futures dropped 0.2%, while S&P 500 and Nasdaq 100 futures declined 0.3% and 0.4%, respectively. The major averages suffered heavy losses in 2022 as the Federal Reserve embarked on a historic tightening campaign to combat surging inflation. The Dow lost 8.8% last year, the S&P 500 tumbled 19.4% and the tech-heavy Nasdaq Composite plunged 33.1%, with US stocks posting their worst annual performances since 2008. Investors now look ahead to a raft of economic data this week, including US manufacturing PMI data on Tuesday, the latest Fed policy meeting minutes on Wednesday and the December jobs report on Friday. The prospect of further Fed rate hikes that could push the economy into recession this year remains a top concern among investors.2023-01-03T02:17:00"
"US Stocks Book Worst Year Since 2008, Nasdaq Plunges 33%",Stock Market,"US Stocks Book Worst Year Since 2008, Nasdaq Plunges 33%United States Stock MarketUS stocks ended a dismal year on a sour note with the Dow closing 70 points down, while the S&P 500 and Nasdaq fell 0.3% and 0.1%, respectively, as investors continued to assess the outlook for growth and tighter monetary policy worldwide. The Dow fell 8.8% in 2022, while the S&P 500 and Nasdaq 100 plunged 19.5% and 33.3%, respectively, marking Wall Street’s worst annual performance since 2008. Governments and central banks grappled with stubbornly high inflation arising from years of loose monetary policy and the fallout from Russia’s war in Ukraine. The sharp declines in global equities worldwide wiped out nearly one-fifth of the capitalization of global stocks, preceding largely pessimistic expectations for next year as central banks signaled further aggressive monetary tightening to rein in unstable price growth, ultimately leading to job losses and downward earnings revisions. In December, the Dow lost 4.2%, the S&P 500 lost 5.9%, and the Nasdaq 100 dropped 9%. 2022-12-30T21:10:00"
Chicago PMI Continues to Point to Contraction,Chicago PMI,Chicago PMI Continues to Point to ContractionUnited States Chicago PMIThe Chicago PMI in the United States increased to 44.9 points in December of 2022 recovering slightly from a 30-month low of 37.20 points hit in November and compared to market forecasts of 40. The reading pointed to a fourth consecutive month of contraction in business activity in the Chicago region. 2022-12-30T15:07:00
Wall Street Heads for Worst Year Since 2008,Stock Market,"Wall Street Heads for Worst Year Since 2008United States Stock MarketThe Dow lost over 300 points on Friday, and the S&P 500 and Nasdaq 100 were down 1% and 1.2%, respectively, with investors reassessing the outlook for growth and monetary policy after a dismal year that could mark Wall Street’s worst annual performance since 2008. Governments and central banks grappled with stubbornly high inflation arising from years of ultra-ease monetary policy and the fallout from Russia’s war in Ukraine. At the same time, it is now widely expected that the developed world is heading for a severe recession in 2023 amid an aggressive tightening from major central banks to rein in such price growth, ultimately leading to job losses and downward earnings revisions. For December, the Dow is currently down around 4.4%, the S&P 500 lost 6.4%, and the Nasdaq 100 dropped 10.2%. Regarding 2022, the Dow is down 8.9%, while the S&P 500 and Nasdaq 100 plunged 19.7% and 33.5%, respectively.2022-12-30T14:32:00"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open Lower  United States Stock MarketStock futures contracts tied to the three major indices were down roughly 0.5% on Friday, the last trading day of 2022, with investors reassessing the outlook for growth and monetary policy after a dismal year that could mark Wall Street’s worst annual performance since 2008. Governments and central banks grappled with stubbornly high inflation arising from years of ultra-ease monetary policy and the fallout from Russia’s war in Ukraine. At the same time, it is now widely expected that the developed world is heading for a severe recession in 2023 amid an aggressive tightening from major central banks to rein in such price growth, ultimately leading to job losses and downward earnings revisions. For December, the Dow is currently down around 4.4%, the S&P 500 lost 6.4%, and the Nasdaq 100 dropped 10.2%. Regarding 2022, the Dow is down 8.9%, while the S&P 500 and Nasdaq 100 plunged 19.7% and 33.5%, respectively.2022-12-30T12:37:00"
US Crude Stocks Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the US went up by 0.718 million barrels in the week ended December 23rd, against market forecasts of a 1.52 million drop, the latest US Energy Information Administration report showed. Meanwhile, crude stocks at the Cushing, Oklahoma, delivery hub decreased by 0.195 million barrels. Gasoline stocks edged up 0.282 million barrels, versus expectations of a 2.05 million barrel fall.2022-12-29T16:09:00"
US Natural Gas Storage Fall the Most since January,Natural Gas Stocks Change,"US Natural Gas Storage Fall the Most since JanuaryUnited States Natural Gas Stocks ChangeUS utilities pulled 213 billion cubic feet (bcf) of gas from storage during the week ended December 23rd, more than market expectations of a 201 bcf drop. It was the biggest draw in inventories since the end of January as a winter storm that swept across large parts of the country raised heating demand for the fuel. It compares with a withdrawal of 125 bcf during the same week a year ago and a five-year (2017-2021) average of 106 bcf.2022-12-29T15:36:00"
Continuing Claims Highest in 10 Months,Continuing Jobless Claims,"Continuing Claims Highest in 10 MonthsUnited States Continuing Jobless ClaimsContinuing jobless claims in the United States increased to 1710 thousand in the week ending December 17th from 1669 thousand in the previous week. It is the highest level since February of 2022, above market forecasts of 1686 thousand suggesting it has been more difficult for the unemployed to find new jobs.2022-12-29T14:22:06.987"
Dollar Enjoys Robust 2022,Currency,"Dollar Enjoys Robust 2022 United States CurrencyThe dollar index enjoyed one of its strongest years ever, up over 8% year-to-date, as the Federal Reserve was the first central bank among developed economies to rein on stubbornly high inflation with an aggressive tightening. The US central bank hiked its federal-funds rate by a cumulative 4.25% this year, the most since 1980, bringing borrowing costs to the highest level in 15 years while pledging that rates would need to go even higher in 2023. This dollar’s strength was seen across the board, with some of the most pronounced buying activity against the yen, given the widened gap in interest rates. The DXY hit a yearly peak of 114.8 on September 28, a level not seen since May 2002, before bottoming below 104 in December as concerns mount that the US economy will be dragged into a recession next year with the Fed already slowing the pace of rate hikes. 2022-12-29T09:27:00"
Dollar Steadies Amid Market Caution,Currency,"Dollar Steadies Amid Market CautionUnited States CurrencyThe dollar index steadied above 104 on Thursday, underpinned by market caution amid growing fears that China’s reopening would add inflationary pressures to the global economy and lead to a surge in infections worldwide. The greenback also remains supported by a hawkish Federal Reserve outlook, with the central bank expected to tighten policy further despite the economic risks. Earlier in December, the Fed raised interest rates by a more moderate 50 basis points but indicated that the terminal rate could reach 5.1% next year, higher than markets anticipated. Meanwhile, latest data showed that US core PCE prices, the central bank’s preferred inflation gauge, fell to a four-month low of 4.7% YoY in November, in line with market forecasts. The dollar index has lost nearly 10% after reaching a 20-year high of almost 115 in September, but remains up about 9% so far this year as the Fed’s historic tightening campaign to combat inflation lifted the currency.2022-12-29T03:27:00"
Dallas Fed Services Index Lowest Since July 2020,Dallas Fed Services Index,"Dallas Fed Services Index Lowest Since July 2020United States Dallas Fed Services IndexThe Dallas Fed General Business Activity index for services in Texas fell to -19.8 in December of 2022, the lowest since July 2020, sinking well below the series average of 3.5, and compared to the -11 in the prior month. Perceptions of broader business conditions dropped further with the company outlook gauge falling sharply to -9.9 from -4.1 in the prior month. On the other hand, the uncertainty outlook eased to 22 from 23.4 in the previous period. 2022-12-28T15:51:00"
US 5th District Service Index Falls Further,Richmond Fed Services Index,"US 5th District Service Index Falls FurtherUnited States Richmond Fed Services IndexThe Fifth District Service Sector Activity revenues index fell to -12 in December of 2022 from -2 in the prior month, moving deeper into negative territory and pointing to the seventh straight month without expansion in the service revenues in the area. Indices for local business conditions (-14 vs -13 in November) and services expenditures (-3 vs 3) deteriorated, while both employment levels (32 vs 42) and wages (-2 vs 5) worsened from the prior month. On the other hand, prices paid softened (9.21 vs 10.13). Meanwhile, firms surveyed pointed to little change in the perception of business over the next six months compared to November.2022-12-28T15:10:00"
Dollar Edges Up on Rising Treasury Yields,Currency,"Dollar Edges Up on Rising Treasury YieldsUnited States CurrencyThe dollar index edged above 104 on Wednesday, attempting to rise from recent lows, underpinned by surging Treasury yields on growing fears that China’s reopening would add inflationary pressures to the global economy. The benchmark 10-year US yield jumped to a six-week high of 3.85%, extending an uptrend that started in mid-December. The greenback also remains supported by a hawkish Federal Reserve outlook, with the central bank expected to tighten policy further despite the economic risks. Earlier in December, the Fed raised interest rates by a more moderate 50 basis points but indicated that the terminal rate could reach 5.1% next year, higher than markets anticipated. Meanwhile, latest data showed that US core PCE prices, the central bank’s preferred inflation gauge, fell to a four-month low of 4.7% YoY in November, in line with market forecasts.2022-12-28T03:27:17.92"
US Futures Steady After Lackluster Session,Stock Market,"US Futures Steady After Lackluster SessionUnited States Stock MarketUS stock futures stabilized in Asian trade on Wednesday after the major averages mostly declined during Tuesday’s session, as Treasury yields surged on mounting fears that China’s reopening would fuel inflationary pressures to the global economy. Futures contracts tied to the three major indexes all traded near breakeven. In regular trading on Tuesday, the Dow rose 0.11%, while the S&P 500 and Nasdaq Composite tumbled 0.4% and 1.38%, respectively. Those moves came as the benchmark 10-year US yield jumped to a six-week high of 3.85%, extending an uptrend that started in mid-December. A sharp, sustained fall in Tesla shares also weighed on the tech-heavy Nasdaq index, as demand worries in China prompted the electric vehicle manufacturer to lower production plans. Other mega-cap tech names also declined on fears of further Federal Reserve rate hikes. Investors now look ahead to a raft of US economic data that could guide the rates outlook.2022-12-28T00:37:00"
Texas Manufacturing Contracts for 8th Month,Dallas Fed Manufacturing Index,"Texas Manufacturing Contracts for 8th MonthUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas’ general business activity index for manufacturing in Texas fell to -18.8 in December of 2022 from -14.4 in the prior month, pointing to the eighth contraction in the activity. The company outlook posted its tenth straight negative reading at -12.8 from -15.2, and the uncertainty outlook index fell to 15.6 from 20.4. Also, capital expenditures sank sharply to -2.1 from 9.3, while finished goods inventories turned negative to -3.3 from 2.2. While improving slightly, the measure of new orders for manufacturers was negative for the seventh month at -9.2 from -20.9 in November, while production advanced to 9.7 from 0.8. Looking forward, general business expectations remained negative at -8.3 from -17.5.2022-12-27T15:42:00"
US Home Price Growth at 2-Year Low: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Price Growth at 2-Year Low: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US rose by 8.6 percent from a year earlier in October 2022, the least since October 2020 and compared with market forecasts of an 8.2 percent increase. It was the sixth consecutive deceleration in home price growth as demand for housing has been hit by rising borrowing costs, low housing inventory, and stubbornly high inflation. The biggest gains were reported in Miami (21 percent), Tampa (20.5 percent), and Charlotte (15 percent). Meanwhile, prices grew the least in San Francisco (0.6 percent) and Seattle (4.5 percent). Compared to September, prices dropped by 0.8%, a fourth consecutive decline. ""As the Federal Reserve continues to move interest rates higher, mortgage financing continues to be a headwind for home prices,"" Craig J. Lazzara, managing director at S&P DJI, said. ""Given the continuing prospects for a challenging macroeconomic environment, prices may well continue to weaken."" 2022-12-27T14:12:00"
US Home Prices Stall in October: FHFA,House Price Index MoM,"US Home Prices Stall in October: FHFAUnited States House Price Index MoMThe average price of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US was unchanged from a month earlier in October of 2022 after ticking up by 0.1 percent in the prior month. Among the different census regions, a 0.9% drop in home prices in the Pacific and a 0.2% decrease in the Mountain regions offset a 0.2% gain in South Atlantic and a 1.4% jump in New England. On a yearly basis, house prices rose by 9.8 percent, the lease since September of 2020 and easing from the upwardly revised 11.1 percent increase in the previous month. “Higher mortgage rates continued to put downward pressure on demand, weakening house price growth,” said Nataliya Polkovnichenko, Ph.D., Supervisory Economist, in FHFA’s Division of Research and Statistics.2022-12-27T14:06:00"
Dollar Eases on Risk-On Mood,Currency,"Dollar Eases on Risk-On MoodUnited States CurrencyThe dollar index eased toward 104 on Tuesday, hovering close to its lowest levels in six months, weighed down by improving market sentiment after China said it will end quarantine requirements for inbound travelers in early January. The greenback also extended losses from last week when data showed that US core PCE prices, the central bank’s preferred inflation gauge, fell to a four-month low of 4.7% YoY in November, in line with market forecasts. That overshadowed data from earlier last week showing the US economy expanded more than initially estimated in the third quarter. Meanwhile, a hawkish Federal Reserve outlook kept investors on edge, as policymakers are expected to tighten policy further despite the economic risks. Earlier in December, the Fed raised interest rates by a more moderate 50 basis points but indicated that the terminal rate could reach 5.1% next year, higher than markets anticipated.2022-12-27T03:54:57.867"
US Building Permits Revised Slightly Higher in November,Building Permits,"US Building Permits Revised Slightly Higher in NovemberUnited States Building PermitsBuilding permits in the United States tumbled 10.6 percent from a month earlier to a seasonally adjusted annual rate of 1.351 million in November 2022, the lowest level since June 2020 and compared to a preliminary estimate of 1.342 million, revised data showed. Permits, a proxy for future construction, have been falling as soaring prices and rising mortgage rates hit demand and activity. Approvals of units in the multi-family segment were revised up to 0.570 million from 0.561 million in earlier estimates; while permits for single-family units were unchanged at 0.781 million. Permits fell in the Midwest (-5.2% vs -6.2% in early estimates), the South (-12.4% vs 12.2%) and the West (-14.8% vs -16.4%) but rose in the Northeast (5.4% vs 1.8%).2022-12-23T15:40:21.73"
Michigan Consumer Sentiment Higher than Expected,Consumer Confidence,"Michigan Consumer Sentiment Higher than ExpectedUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised higher to 59.7 in December of 2022 from a preliminary of 59.1. The gauge for expectations was revised higher to 59.9 from 58.4 while the current conditions subindex was revised lower to 59.4 from 60.2. Meanwhile, inflation expectations for the year were revised lower to 4.4% from 4.6% in the preliminary estimate and the 5-year outlook was revised lower to 2.9% from 3%.2022-12-23T15:04:47.65"
Treasury Yields Hover at 3-Week High,Government Bond 10Y,"Treasury Yields Hover at 3-Week HighUnited States Government Bond 10YThe yield on the 10-year US Treasury note rose above the 3.7% mark, the highest in over three weeks as recent economic data releases backed the aggressively hawkish decisions and guidances by the Fed and other major central banks. The US economy expanded by 3.2% quarter-on-quarter in the three months leading to September of 2022, above earlier estimates of 2.9% and pointing to slightly better resilience since the Fed started its tightening cycle in March. Also, personal income levels remained robust in November. Still, cooler-than-expected PCE price data and spending levels for November limited further upswings for bond yields. In its last meeting, the FOMC increased projections for the federal funds rate to reach and stay at 5.1% in 2023 from prior estimates of 4.6%. Increased tightening momentum from other major central banks also pressured bond prices. Most notably, the BoJ unexpectedly widened the tolerance band on its 10-year JGB yield and the ECB signaled increased tightening.2022-12-23T13:57:48.933"
DXY Depreciates on Friday,Currency,"DXY Depreciates on FridayUnited States CurrencyThe dollar index weakened to 104.2 on Friday, hovering close to its lowest levels in six months after data showed the core PCE annual rate, which is the Federal Reserve’s preferred gauge of inflation, fell to a four-month low of 4.7% in November, in line with market forecasts. On Thursday, the greenback gained for the second straight session as stronger-than-expected US data reinforced the Federal Reserve’s case to raise interest rates further and keep them higher for longer. Updated figures showed the US economy expanded more than initially estimated in the third quarter while weekly jobless claims rose less-than-expected last week. Last week, the Fed raised interest rates by a more moderate 50 basis points but indicated that the terminal rate could reach 5.1% next year, higher than markets anticipated.2022-12-23T13:40:00"
US Personal Spending Disappoints,Personal Spending,"US Personal Spending DisappointsUnited States Personal SpendingPersonal spending in the US edged up a meagre 0.1% month-over-month in November of 2022, following an upwardly revised 0.9% jump in October and below market forecasts of 0.2%, as consumer spending cooled during the holiday season. Spending on services went up by $79.2 billion, led by housing and offsetting a $59.5 billion decrease in spending on goods, namely new light trucks. Adjusted for inflation, personal spending stalled in November, the weakest performance since July.2022-12-23T13:36:00"
US Core PCE Inflation in Line with Forecasts,Core PCE Price Index MoM,"US Core PCE Inflation in Line with ForecastsUnited States Core PCE Price Index MoMCore PCE prices in the US, which exclude food and energy, went up by 0.2% month-over-month in November of 2022, following an upwardly revised 0.3% increase in the prior month, matching market estimates. The annual rate, the Federal Reserve’s preferred gauge of inflation, fell to a four-month low of 4.7% from 5% in the prior month.2022-12-23T13:35:17.82"
US Personal Income Rises More than Expected,Personal Income,"US Personal Income Rises More than ExpectedUnited States Personal IncomePersonal income in the United States increased 0.4 percent from a month earlier in November of 2022, following a 0.7 percent rise in October and above market expectations of a 0.3 percent gain. The increase primarily reflected increases in compensation and personal income receipts on assets. The increase in compensation reflected increases in private wages and salaries in both services-producing industries and goods-producing industries.2022-12-23T13:32:00"
Dollar Steadies Ahead of PCE Data,Currency,"Dollar Steadies Ahead of PCE DataUnited States CurrencyThe dollar index steadied above 104 on Friday as investors cautiously awaited the November PCE report, the central bank’s preferred inflation gauge, as well as personal income, new home sales and consumer sentiment data that could guide the rates outlook. On Thursday, the greenback gained for the second straight session as stronger-than-expected US data reinforced the Federal Reserve’s case to raise interest rates further and keep them higher for longer. Updated figures showed the US economy expanded more than initially estimated in the third quarter while weekly jobless claims rose less-than-expected last week. Still, the greenback is close to its lowest levels in six months amid fears that further monetary tightening could tip the world’s largest economy into recession next year. Last week, the Fed raised interest rates by a more moderate 50 basis points but indicated that the terminal rate could reach 5.1% next year, higher than markets anticipated.2022-12-23T03:53:57.243"
US Stocks Close Sharply Lower on Thursday,Stock Market,"US Stocks Close Sharply Lower on ThursdayUnited States Stock MarketWall Street partially cut intra-day losses but still closed firmly lower on Thursday, nearly erasing last session’s rally as upward revisions to the US GDP and Core PCE prices backed the Federal Reserve’s commitment to raise interest rates and maintain them higher for longer. The final estimate for GDP growth showed the US economy expanded 3.2% in Q3, higher than 2.9% in the second release. Low jobless claims pointing to a stubbornly tight labor market also added to the hawkish pressure. The Dow was down 800 points before closing 350 points lower and the S&P 500 dropped 1.5%. The Nasdaq underperformed and slid 2.2%, erasing last session’s gains as the dollar rose and Treasury yields consolidated near three-week highs. Shares of Micron Technology fell nearly 4% after the company forecasted a bigger-than-expected loss, triggering a slide for other semiconductor manufacturers. Also, Tesla plummeted over 9% and extended this week’s volatility after announcing discounts on selected models.2022-12-22T21:02:00"
US Stocks Extend Selloff,Stock Market,"US Stocks Extend SelloffUnited States Stock MarketWall Street extended its selloff on Thursday, more than erasing last session’s rally triggered by strong corporate results as upward revisions to the US GDP and Core PCE prices backed the Federal Reserve’s commitment to raise interest rates and maintain them higher for longer. The final estimate for GDP growth showed the US economy expanded 3.2% in Q3, higher than 2.9% in the second release. Hawkish pressure was also contributed by fresh jobless claims data pointing to a stubbornly tight labor market. The Dow Jones slid 750 points and the S&P 500 fell 2.8%, while the tech-heavy Nasdaq tanked over 3.5% as the dollar rose and Treasury yields consolidated near three-week highs. Shares of Micron Technology fell 5% after the company forecasted a bigger-than-expected loss for the current period, triggering a slide for other semiconductor manufacturers. Also, Tesla plummeted nearly 10% and extended this week’s volatility after announcing discounts on selected models.2022-12-22T18:40:58.52"
US Mortgage Rates Extend the Decline for 6th Week: Freddie Mac,30 Year Mortgage Rate,"US Mortgage Rates Extend the Decline for 6th Week: Freddie MacUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage decreased for a sixth consecutive week to 6.27% as of December 22nd 2022, the lowest rate since September 15th, and down from 6.31% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac. The 15-year fixed-rate mortgage averaged 5.59%, up from 5.54% last week. “Heading into the holidays, mortgage rates continued to move down,” said Sam Khater, Freddie Mac’s Chief Economist. “Rates have declined significantly over the past six weeks, which is helpful for potential homebuyers, but new data indicates homeowners are hesitant to list their homes. Many of those homeowners are carefully weighing their options as more than two-thirds of current homeowners have a fixed mortgage rate of below four percent.”2022-12-22T17:23:57.603"
Tenth District Manufacturing Activity Declines at Faster Pace,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Declines at Faster PaceUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production index fell to -13 in December of 2022 from -10 in the previous month, driven by decreased activity in printing, wood products, machinery manufacturing, and food manufacturing. The monthly employment index fell from 3 to 0, its lowest level since 2020 but still indicative of flat employment for the month. Indexes for year-over-year factory activity slowed slightly in December, including the composite index, which decreased from 19 to 15. The future composite index increased from 0 to 2 in December, with the expected volume of new orders index also moving into positive territory for the first time in two months.2022-12-22T16:07:14.297"
Wall Street Rally Pauses,Stock Market,"Wall Street Rally PausesUnited States Stock MarketUS stocks traded sharply lower on Thursday, with the Dow Jones losing nearly 550 points, the S&P 500 falling 2% and the Nasdaq down 3%, as strong economic data raised concerns that further monetary tightening would be necessary. The final estimate for GDP growth showed the US economy expanded 3.2% in Q3, higher than 2.9% in the second release. At the same time, the claims report continued to point to a healthy labor market. On the corporate front, shares of Micron Technology fell nearly 3% after the company forecasted a bigger-than-expected loss for the current period. On Wednesday, the three major averages booked a strong 1.5% gain, but the rebound proved to be short-lived. So far this month, the Dow is down nearly 4%, the S&P 500 over 6% and the Nasdaq around 8%.2022-12-22T14:38:00"
Paychex earnings above expectations at 0.99 USD,Earnings,"Paychex earnings above expectations at 0.99 USDUnited States EarningsPaychex (PAYX) released earnings per share at 0.99 USD, compared to market expectations of 0.95 USD.2022-12-22T14:16:39.453"
"US Futures Extend Losses after Strong GDP, Claims",Stock Market,"US Futures Extend Losses after Strong GDP, ClaimsUnited States Stock MarketUS futures extended losses on Thursday, with contracts on the Dow Jones futures falling nearly 150 points, the S&P 500 retreating 0.5%, and the Nasdaq down 0.8%, after the final estimate for GDP growth showed the US economy expanded 3.2% in Q3, higher than 2.9% in the second release. At the same time, the claims report continued to point to a healthy labor market, which together with a stronger GDP number, strengthens the case for the Fed to continue to raise interest rates and eventually resort to more aggressive policy. On the corporate front, shares of Micron Technology fell nearly 3% in premarket trading after the company forecasted a bigger-than-expected loss for the current period.2022-12-22T13:45:00"
US Treasury Yields Rise Following Upward GDP Revision,Government Bond 10Y,"US Treasury Yields Rise Following Upward GDP RevisionUnited States Government Bond 10YThe 10-year US Treasury note yield rose firmly above the 3.6% mark, hovering 15bps higher since the start of December amid aggressively hawkish decisions and guidances from major central banks, while investors digested final growth data for the United States. The US economy expanded by 3.2% quarter-on-quarter in the three months leading to September of 2022, above earlier estimates of 2.9% and pointing to slightly better resilience since the Federal Reserve started its tightening cycle in March. In its last meeting, the FOMC increased projections for the federal funds rate to reach and stay at 5.1% in 2023 from prior estimates of 4.6%. Increased tightening momentum from other major central banks also pressured bond prices. Most notably, the Bank of Japan unexpectedly widened the tolerance band on its 10-year JGB yield, sending its yield above the 0.4% level. Also, the European Central Bank signaled it will continue to hike interest rates to tame inflation.2022-12-22T13:41:07.847"
DXY Firms Above 104,Currency,"DXY Firms Above 104United States CurrencyThe dollar index firmed above 104 on Thursday, after a batch of upbeat economic data reinforced the case for further monetary policy tightening. Updated figures showed the US economy expanded more than initially estimated in Q3 and weekly claims rose by less than expected last week. Still, the greenback is close to its lowest levels in six months amid fears that further monetary tightening from the Federal Reserve could tip the world’s largest economy into recession next year. Last week, the Fed raised interest rates by a more moderate 50 basis points but indicated that the terminal rate could reach 5.1% next year, higher than markets anticipated.2022-12-22T13:38:00"
US Corporate Profits Unexpectedly Rise in Q3,Corporate Profits,"US Corporate Profits Unexpectedly Rise in Q3United States Corporate ProfitsCorporate profits in the United States increased 0.8 percent to USD 2.54 trillion in the third quarter of 2022, following a 6.2 percent gain in the previous period and compared with preliminary estimates of a 0.2 percent drop. Net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, rose 6.2 percent to USD 3.14 trillion, while net dividends fell 3.2 percent to USD 1.68 trillion. Meanwhile, undistributed profits climbed 9.8 percent to USD 0.86 trillion.2022-12-22T13:34:14.24"
US Stocks Rally Set to Pause,Stock Market,"US Stocks Rally Set to PauseUnited States Stock MarketUS futures traded in the red on Thursday, following a 1.5% rally on Wednesday, as investors try to assess whether the US economy will be able to avoid a recession next year. Contracts on the three benchmark index futures were down nearly 0.2%. On the corporate front, shares of Micron Technology fell nearly 3% in premarket trading after the company forecasted a bigger-than-expected loss for the current period. Traders now will keep an eye on the claims report for an update on the labour market. The final estimate for Q3 GDP growth is also due. In regular trading on Wednesday, the three main indexes booked their best day so far in December, prompted by upbeat quarterly results from Nike and FedEx and a rise in consumer sentiment.2022-12-22T11:58:00"
Wall Street Rallies Amid Upbeat Earnings,Stock Market,"Wall Street Rallies Amid Upbeat EarningsUnited States Stock MarketMajor US stock indices closed sharply higher on Wednesday, as strong corporate results and consumer confidence ramped up hopes that the US economy is more resilient to tighter monetary policy than previously expected. The Dow Jones added 520 points and the S&P 500 jumped 1.5%. The Nasdaq also rose by 1.5% and rebounded from the last session’s underperformance, as Treasury yields stabilized from yesterday’s selloff and supported gains for the tech sector. Nike shares soared 13% after the sporting-goods company posted its best quarterly revenue growth in more than a decade, while FedEx jumped more than 3% as earnings beat estimates. On the data front, the CB consumer confidence gauge topped estimates to reach its highest level since April. On the other hand, existing home sales sank more than anticipated in a sign high mortgage rates are weighing heavily on the housing market. 2022-12-21T21:04:00"
US Dollar Hovers Close to 6-Month Low,Currency,"US Dollar Hovers Close to 6-Month LowUnited States CurrencyThe dollar index was at the 104 mark on Wednesday, remaining close to the six-month low of 103.75 touched on December 14th and holding losses from the week after BOJ unexpectedly widened raised the upper limit of its tolerance band on 10-year government bonds to 0.5% from 0.25% boosting the yen. The BOJ’s move came sooner than expected, reflecting ongoing pressure from major central banks to tighten monetary policy and support their local currencies. Meanwhile, investors hope that 
an upcoming recession could keep the Federal Reserve from holding interest rates at higher levels. During its December meeting, the Fed raised interest rate by a more moderate 50 basis points but indicated that the terminal rate could reach 5.1% next year, higher than markets anticipated.2022-12-21T16:01:00"
US Crude Oil Stocks Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the US fell by 5.894 million in the week ended December 16th, way more than market forecasts of a 1.657 million drop, the latest US Energy Information Administration report showed. Meanwhile, crude stocks at the Cushing, Oklahoma, delivery hub edged up by 853,000 barrels. Gasoline stocks rose by 2.53 million barrels, versus expectations of a 2.14 million barrel rise.2022-12-21T15:32:26.26"
Wall Street Rallies,Stock Market,"Wall Street RalliesUnited States Stock MarketUS stocks rallied on Wednesday with the Dow Jones adding nearly 500 points, the S&P 500 rising 1.7%, and the Nasdaq up 1.8%, after strong quarterly results from Nike and FedEx lifted investors' sentiment. Nike shares gained more than 14% after the company posted its best quarterly revenue growth in more than a decade while FedEx jumped more than 4% as earnings beat estimates. Tesla shares also advanced after Elon Musk announced he will resign as Twitter CEO. On the data front, existing home sales sank more than anticipated in a sign high mortgage rates are weighing heavily on the housing market. In contrast, the CB consumer confidence topped estimates.2022-12-21T14:35:00"
Cintas earnings above expectations at 3.12 USD,Earnings,"Cintas earnings above expectations at 3.12 USDUnited States EarningsCintas (CTAS) released earnings per share at 3.12 USD, compared to market expectations of 3.03 USD.2022-12-21T14:16:46.787"
Mortgage Applications Rise for 2nd Week: MBA,Mortgage Applications,"Mortgage Applications Rise for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the US rose 0.9% in the week ending December 16th, following a 3.2% jump in the previous week which was the highest in 3 months, data from the Mortgage Bankers Association showed. Applications to refinance a home loan surged 6% as consumers took advantage of a fall in mortgage rates while applications to purchase a home edged 0.1% lower. Meanwhile, the 30-year mortgage rate dropped by 8bps to 6.34% to hit the lowest level since the first week of September. “The latest data on the housing market show that homebuilders are pulling back the pace of new construction in response to low levels of traffic, and we expect this weakness in demand will persist in 2023, as the US is likely to enter a recession. However, if mortgage rates continue to trend down, as we are forecasting, more buyers are likely to return to the market later in the year, as affordability improves with both lower rates and slower home-price growth”, Mike Fratantoni, MBA’s chief economist said.2022-12-21T12:06:00"
US Futures Rise Boosted by Nike and FedEx,Stock Market,"US Futures Rise Boosted by Nike and FedEx United States Stock MarketUS stock index futures were in the green on Wednesday with contracts on the Dow Jones futures adding nearly 300 points, the S&P 500 rising 0.9%, and the Nasdaq up 0.6%, after strong quarterly results from Nike and FedEx lifted investors' sentiment. Nike shares gained more than 10% in premarket trading after the company posted its best quarterly revenue growth in more than a decade while FedEx jumped more than 4% as earnings beat estimates. Tesla shares also gained more than 1% after Elon Musk announced he will resign as Twitter CEO. Traders now await existing home sales and consumer confidence data due later in the day. On Tuesday, the major averages eked out small gains to close in the green for the first time in five sessions.2022-12-21T11:58:00"
Dollar Steadies as Treasury Yields Climb,Currency,"Dollar Steadies as Treasury Yields ClimbUnited States CurrencyThe dollar index steadied around 104 on Wednesday, supported by rising Treasury yields, with the benchmark 10-year US yield hitting a three-week high of 3.72%. Meanwhile, the greenback tumbled about 0.6% on Tuesday after the Bank of Japan unexpectedly raised the upper limit of its tolerance band on 10-year government bonds to 0.5% from 0.25%. The BOJ’s move to tighten policy came sooner-than-expected, reflecting ongoing pressure from central banks around the world to push interest rates higher. The dollar also faced pressure from fears that further monetary tightening from the Federal Reserve could tip the world’s largest economy into recession next year. Last week, the Fed raised interest rates by a more moderate 50 basis points but indicated that the terminal rate could reach 5.1% next year, higher than markets anticipated.2022-12-21T02:59:45.303"
US Futures Rise on Upbeat Earnings,Stock Market,"US Futures Rise on Upbeat EarningsUnited States Stock MarketUS stock futures rose on Wednesday as investors digested better-than-expected earnings reports from Nike and FedEx, while continuing to assess the outlook for inflation, interest rates and growth. Futures contracts tied to the three major indexes were all up about 0.4%. In extended trading, Nike rallied 12% after topping quarterly estimates on the top and bottom line, while FedEx jumped 4% on an earnings beat. In regular trading on Tuesday, the Dow rose 0.28%, the S&P 500 gained 0.1% and the Nasdaq Composite inched up 0.01%, with US stocks breaking four straight days of losses. Those gains came even after Treasury yields soared after the Bank of Japan increased the upper limit for the 10-year JGB yield and magnified the aggressive monetary tightening momentum for major central banks. Investors now look ahead to US mortgage, existing home sales and consumer confidence data, as well as more earning reports from firms such as Micron Technology and Cintas.2022-12-21T00:05:00"
FedEx earnings above expectations at 3.18 USD,Earnings,"FedEx earnings above expectations at 3.18 USDUnited States EarningsFedEx (FDX) released earnings per share at 3.18 USD, compared to market expectations of 2.81 USD.2022-12-20T21:21:14.223"
US Building Permits Tumble to Over 2-Year Low,Building Permits,"US Building Permits Tumble to Over 2-Year LowUnited States Building PermitsBuilding permits in the United States tumbled 11.2 percent from a month earlier to a seasonally adjusted annual rate of 1.342 million in November 2022, the lowest level since June 2020 and well below market expectations of 1.485 million. Permits, a proxy for future construction, have been falling as soaring prices and rising mortgage rates hit demand and activity. Single-family authorizations declined 7.1 percent to a rate of 781 thousand, the lowest since May 2020, while the volatile multi-segment also dropped 16.4 percent to a 14-month low of 561 thousand. Permits were down in the South (-12.2 percent to 755 thousand), West (-16.4 percent to 276 thousand) and Midwest (-6.2 percent to 197 thousand), but were slightly up in the Northeast (1.8 percent to 114 thousand).2022-12-20T13:38:00"
General Mills earnings above expectations at 1.10 USD,Earnings,"General Mills earnings above expectations at 1.10 USDUnited States EarningsGeneral Mills (GIS) released earnings per share at 1.10 USD, compared to market expectations of 1.06 USD.2022-12-20T12:14:49.017"
DXY Weakens Below 104,Currency,"DXY Weakens Below 104United States CurrencyThe dollar index moved below the 104 mark, closing in on its lowest level since June, as uncertainty about the path for interest rates and mounting fears about a recession continued to spook investors away from the greenback. Despite the Federal Reserve's recent pledge to keep its aggressive stance against inflation, markets are buying only part of the narrative, pricing in that the world's most influential bank will end cutting rates in 2023 amid a sharp economic downturn. Sectors most sensitive to fluctuations in interest rates, like real estate and consumer discretionary, have been flashing recessionary signs amid tighter financial conditions. Aside from the above and also a key catalyst for the downside move seen in the DXY, the Japanese yen appreciated more than 3% against the dollar after the Bank of Japan unexpectedly increased the upper limit of its tolerance band on 10-year government bonds. 2022-12-20T09:27:37.83"
Dollar Muted as Rates Outlook Mulled,Currency,"Dollar Muted as Rates Outlook MulledUnited States CurrencyThe dollar index was subdued around 104.6 on Tuesday as investors continued to assess the outlook for inflation and interest rates. Meanwhile, the greenback held onto gains from late last week after the Federal Reserve raised interest rates by a more moderate 50 basis points but indicated that the terminal rate could reach 5.1% next year, higher than markets anticipated. The currency was also supported by higher Treasury yields, with the benchmark 10-year US yields hovering at a one-week high of 3.6%. Investors now look ahead to more US economic reports this week that could offer more clues on the likely path for Fed rate hikes, with the PCE price index on Friday taking center stage. A slew of consumer activity and housing data are also on deck this week. The dollar held steady against the euro and sterling, while it gained sharply versus the kiwi and the yen.2022-12-20T03:01:13.75"
Wall Street Closes Lower for a 4th Day,Stock Market,"Wall Street Closes Lower for a 4th DayUnited States Stock MarketUS stocks closed lower for a fourth straight session Monday, as concerns over a recession in the US mounted after the Fed took a more hawkish tone than expected. Chair Powell said last week the central bank would continue its monetary policy tightening campaign, despite the ongoing recession risks and expectations that inflation is peaking. Among single stocks, Meta Platforms dropped 4.1% after the European Commission said it could impose a fine of up to 10% of its annual global turnover if evidence showed an infringement of the EU's antitrust laws, while L3Harris Technologies fell 3.7% after saying it would buy Aerojet Rocketdyne Holdings for $4.7 billion. On the economic data front, US homebuilder sentiment fell for a 12th month as high mortgage rates weighed on affordability. The Dow Jones fell 163 points, or 0.5%, to 32,758, the S&P 500 lost 0.9% to 3,818, and the Nasdaq Composite shed 1.5% to 10,546. Stocks are on track to end December lower after two consecutive weeks in the red.2022-12-19T21:12:56.66"
US Stocks Start Week Lower,Stock Market,"US Stocks Start Week LowerUnited States Stock MarketUS stocks traded lower on Monday, with the Dow Jones falling more than 200 points and the S&P 500 and the Nasdaq 100 down 1% and 1.5% respectively as worries over the health of the global economy and the path for interest rates continued to hang over the markets. Last week, the Federal Reserve reaffirmed its commitment to keep increasing interest rates and keep them higher to rein on still stubbornly high inflation, putting the world's largest economy at risk of a sharp recession. Meanwhile, US homebuilder sentiment fell for the 12th month as high mortgage rates weigh on affordability. On the corporate side, shares of Tesla enjoyed some respite after Elon Musk taunted that he would step down from being Twitter's CEO. Moderna rose almost 4% after Jefferies upgraded the company's stock to ""buy"" from ""hold"".2022-12-19T16:27:00"
Wall Street Struggles for Traction,Stock Market,"Wall Street Struggles for Traction United States Stock MarketThe blue-chip Dow and the S&P 500 were trading around the flatline with some negative bias on Monday, while the Nasdaq 100 was down roughly 0.5%, as worries over the global economy's health and the path for interest rates continue to hang over the markets. Last week wrapped up with the Federal Reserve reaffirming its commitment to raise interest rates and keep them higher to rein on still stubbornly high inflation, putting the world's largest economy at risk of a sharp recession. The European Central Bank and the Bank of England struck similar tones, dashing any hopes for a policy pivot soon. Meanwhile, China's top leaders have pledged to revive consumption and support the private sector to boost the economy next year. On the corporate side, shares of Tesla enjoyed some respite after Elon Musk taunted that he would step down from being Twitter's CEO. Moderna rose almost 4% after Jefferies upgraded the company's stock to ""buy"" from ""hold."" 2022-12-19T14:37:00"
US Stock Futures Rise,Stock Market,"US Stock Futures Rise United States Stock MarketStock futures contracts tied to the blue-chip Dow rose 0.1% on Monday, while those linked to the S&P 500 and Nasdaq were up 0.2% and 0.3%, respectively, as investors took advantage of lower valuations following a Fed-induced selloff last week. The Federal Reserve reaffirmed its commitment to raise interest rates and keep them higher to rein on still stubbornly high inflation, putting the world's largest economy at risk of a sharp recession. The European Central Bank and the Bank of England struck similar tones, dashing any hopes for a policy pivot soon. Meanwhile, China's top leaders have pledged to revive consumption and support the private sector to boost the economy next year. On the corporate side, Tesla jumped roughly 4% in premarket trading after Elon Musk taunted that he would step down from being Twitter's CEO. Moderna rose over 3% after Jefferies upgraded the company's stock to ""buy"" from ""hold."" 2022-12-19T12:26:00"
Dollar Eases After 2-Day Advance,Currency,"Dollar Eases After 2-Day AdvanceUnited States CurrencyThe dollar index eased to around 104.5 on Monday after gaining more than 1% in the past two sessions, as investors continued to mull over the Federal Reserve’s rate hike path and the chances that it could tip the world’s largest economy into recession. Last week, the Federal Reserve delivered a more moderate 50 basis point rate hike, though it projected a terminal rate of 5.1% next year, higher than previously indicated. Investors now look ahead to more US economic reports this week that could guide the rates outlook headlined by the PCE price index, as well as a slew of consumer activity and real estate data. The dollar weakened notably against the yen following reports that Prime Minister Fumio Kishida was planning to revise a decade-old accord with the Bank of Japan to add flexibility to its 2% inflation target. The greenback also declined against most developed and emerging market currencies.2022-12-19T03:32:50.703"
US Futures Steady After 2nd Weekly Loss,Stock Market,"US Futures Steady After 2nd Weekly LossUnited States Stock MarketUS stock futures steadied on Monday after two straight weeks of losses on Wall Street, as investors continued to mull over the Federal Reserve’s rate hike path and the chances that it could tip the world’s largest economy into recession. Futures contracts tied to the three major indexes drifted flat to slightly positive. Last week, the Dow lost 1.66%, the S&P 500 dropped 2.09% and the Nasdaq Composite tumbled 2.72%, with all three benchmarks sliding for the second straight week. Those moves came as the Fed delivered a smaller 50 basis point rate hike, but indicated that rates could peak higher than anticipated in an effort to bring down inflation to sustainable levels. The prospect of higher interest rates fueled fears that the US economy could fall into recession next year, prompting a widespread selloff in risk assets. Investors now look ahead to a raft of US economic reports this week, as well as more earnings reports from major firms such as Nike, FedEx and General Mills.2022-12-18T23:31:00"
US 10-Year Treasury Yield Bounces Back Above 3.6%,Stock Market,"US 10-Year Treasury Yield Bounces Back Above 3.6% United States Stock MarketThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, bounced back above 3.6% as prospects of further interest rates from the Federal Reserve dented appetite for government debt. After delivering a widely expected 50 bps hike last week, the US central bank reaffirmed its commitment to raise interest rates even further and keep them higher for longer to tame inflation. Policymakers now expect the terminal rate for the Fed funds at 5.1% in 2023, with officials seeing no cuts until 2024. Still, investors see a much higher chance of a recession next year, with sectors most sensitive to fluctuations in interest rates, like housing, flashing recessionary signs. Meanwhile, the gap between 2 and 10-year bond yields widened to roughly 80 basis points, the largest since at least 1981.2022-12-16T15:32:00"
US Service Sector Shrinks Further in December,Services PMI,"US Service Sector Shrinks Further in DecemberUnited States Services PMIThe S&P Global US Services PMI slumped to 44.4 in December 2022 from 46.2 in the previous month and well below market expectations of 46.8, a preliminary estimate showed. The latest data signaled the fastest pace of contraction in the service sector for four months, also one of the quickest since 2009, led by a further solid decrease in new orders. In addition, the rate of job creation was the second-slowest since September 2021, due to the non-replacement of voluntary leavers and reports of lay-offs. At the same time, pressure on capacity waned further, as backlogs of work fell at a solid pace. On the price front, input cost inflation was the lowest since October 2020, while selling prices rose the least for over two years. Finally, business confidence was among the weakest in two years as firms highlighted concerns regarding inflation, hikes in interest rates and dwindling demand.2022-12-16T15:00:37.687"
US Business Activity Contraction Deepens at End of 2022,Composite PMI,"US Business Activity Contraction Deepens at End of 2022United States Composite PMIThe S&P Global US Composite PMI fell to 44.6 in December 2022 from 46.4 in the previous month, signaling the joint-fastest decline in business activity for over two-and-a-half years, a preliminary estimate showed. Excluding the initial pandemic period, the contraction was the joint-sharpest since 2009, as both manufacturers and service providers reported steeper decreases in output. New business declined at a faster pace in December, with new export orders dropping for a seventh month in a row. Meanwhile, employment rose only marginally and backlogs of work declined for the third consecutive month. On the price front, input cost inflation was the slowest since October 2020, while the rate of selling price inflation eased to over two-year low. Finally, business sentiment was among the weakest in over two years, as higher borrowing costs, inflation and a broad economic slowdown dampened optimism.2022-12-16T14:54:00"
Dollar Steadies After Sharp Rebound,Currency,"Dollar Steadies After Sharp ReboundUnited States CurrencyThe dollar index consolidated around 104.5 on Friday after jumping almost 1% in the previous session, as investors continued to assess hawkish signals from major central banks that triggered fears of a global recession. On Tuesday, the Federal Reserve moderated the size of its rate hikes by delivering a half percentage point increase, though it projected a terminal rate of 5.1% next year, higher than previously indicated. The European Central Bank also raised its benchmark policy rate by 50 basis points and signaled further tightening to bring inflation down to sustainable levels. Meanwhile, investors digested data on Thursday showing US retail sales activity and manufacturing PMI declined more than expected, giving rise to speculations that the Fed’s aggressive tightening campaign could already be slowing the economy.2022-12-16T03:44:15.617"
Net Capital Inflows Widen in October,Capital Flows,"Net Capital Inflows Widen in OctoberUnited States Capital FlowsThe United States recorded a capital and financial account surplus of $179.9 billion in October of 2022, widening sharply from the $30.4 billion in the prior month. Of this, net foreign private inflows were $167.7 billion, while net foreign official inflows were $12.2 billion. Foreign residents increased their holdings of long-term US securities in the period, with net purchases at $63.7 billion, including $72 billion in net purchases by foreign investors while net sales by foreign official institutions were at $8.3 billion.2022-12-15T21:36:45.503"
Adobe Systems earnings above expectations at 3.60 USD,Earnings,"Adobe Systems earnings above expectations at 3.60 USDUnited States EarningsAdobe Systems (ADBE) released earnings per share at 3.60 USD, compared to market expectations of 3.50 USD.2022-12-15T21:19:58.217"
US Stocks Selloff to 1-Month Low,Stock Market,"US Stocks Selloff to 1-Month LowUnited States Stock MarketMajor US stock indices extended their sell-offs on Thursday, as the sharper-than-expected retreat in retail sales and manufacturing underscored the slowdown in the economy after the Federal Reserve doubled down on its hawkish pledges. The US central bank raised the target for its funds rate by 50bps yesterday, as expected, while the Summary of Economic Projections showed it expects to raise interest rates to a higher level for longer. At the same time, unemployment was revised higher and the growth rate was nearly slashed in half for the next year. The Dow closed 760 points lower and the S&P 500 slipped 2.5%. Meanwhile, the Nasdaq underperformed and declined 3.2% amid pressure from policy-sensitive tech and high-growth stocks. Apple shares dropped nearly 5%, while Netflix plummeted 9% amid rumors that it may return money to advertisers after missing viewing targets.2022-12-15T21:04:00"
Wall Street Extends Sell-off,Stock Market,"Wall Street Extends Sell-offUnited States Stock MarketMajor US stock indices extended their sell-offs on Thursday as investors digested the concerning contraction in retail sales data amid an aggressively hawkish Federal Reserve, magnifying worries of a recession. The US central bank raised the target for its funds rate by 50bps yesterday, as expected, while the Summary of Economic Projections showed it expects to raise interest rates to a higher level for longer than markets expected. At the same time, unemployment was revised higher and the growth rate was nearly slashed in half for the next year. The Dow Jones plunged over 900 points, while the S&P 500 and the Nasdaq tanked nearly 3% and 3.5%, respectively. Policy-sensitive tech and high-growth stocks led the losses, with Alphabet and Nvidia both declining 5%. Also, Netflix plummeted nearly 10% amid rumors that it may return money to advertisers after missing viewing targets.2022-12-15T18:34:34.253"
Stocks in United States Hit 5-week Low,Stock Market,Stocks in United States Hit 5-week LowUnited States Stock MarketUS30 decreased to a 5-week low of 331182022-12-15T17:44:56.117
Dollar Bounces Off Six-Month Low,Currency,"Dollar Bounces Off Six-Month Low United States CurrencyThe dollar strengthened sharply against a basket of major currencies on Thursday, bouncing back from its lowest level in six months to above 104 on prospects that the Federal Reserve will keep interest rates higher for longer. The Federal Reserve on Tuesday raised its federal-funds rate by a half percentage point to a range between 4.25% and 4.5%, a 15-year high, with policymakers expecting the terminal level at 5.1% in 2023. At the same time, Fed's projections showed US economic growth slowing to a below-trend rate of 0.5%, and policymakers expect to cut interest rates only in 2024. This dollar's strength was seen across the board, with some of the most pronounced buying activity against risk-sensitive currencies such as the Australian and New Zealand dollars.2022-12-15T16:08:20.433"
Stocks in United States Hit 5-week Low,Stock Market,Stocks in United States Hit 5-week LowUnited States Stock MarketUSNDX decreased to a 5-week low of 114142022-12-15T15:09:01.307
Stocks in United States Hit 4-week Low,Stock Market,Stocks in United States Hit 4-week LowUnited States Stock MarketUS500 decreased to a 4-week low of 39182022-12-15T14:58:06.293
Wall Street Selloff Intensifies,Stock Market,"Wall Street Selloff IntensifiesUnited States Stock MarketThe Dow Jones plunged more than 600 points on Thursday, while the S&P 500 and Nasdaq were down 2% and 2.5%, respectively, as hawkish central banks and concerns about a looming recession rattled investors. The Federal Reserve on Tuesday raised its federal-funds rate by a half percentage point to a range between 4.25% and 4.5%, a 15-year high, signaling that interest rates will go higher for longer while dashing hopes for a rate cut in 2023. Adding to the already gloomy outlook, the ECB also delivered a 50 bps hike and reinforced the narrative that interest rates will have to go much higher to prevent inflation from becoming entrenched. On the data front, retail sales contracted more than expected in November as tight financial conditions started to hit consumer demand.2022-12-15T14:35:00"
US Manufacturing Output Falls More Than Expected,Manufacturing Production MoM,"US Manufacturing Output Falls More Than ExpectedUnited States Manufacturing Production MoMManufacturing production in the United States fell 0.6% from a month earlier in November of 2022, after a 0.3% increase in October and worse than market expectations of a 0.1% decrease. The indexes for durable and nondurable manufacturing both declined 0.6 percent, and the index for other manufacturing (publishing and logging) slipped 0.4 percent. Within durables, increases were recorded by wood products, by computer and electronic products, and by aerospace and miscellaneous transportation equipment; these gains were outweighed by losses for other industries, particularly for motor vehicles and parts. Within nondurables, most industries registered decreases, with only printing and support posting an increase. Capacity utilization for manufacturing fell 0.6 percentage point in November to 78.9 percent, a rate that is 0.7 percentage point above its long-run average.2022-12-15T14:22:53.65"
Factory Activity in Philadelphia Shrinks for 4th Month,Philadelphia Fed Manufacturing Index,"Factory Activity in Philadelphia Shrinks for 4th MonthUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US remained negative but rose 6 points to -13.8 in December of 2022, compared to market expectations of -10. This is its fourth consecutive negative reading and sixth negative reading in the past seven months. 31% of the firms reported declines in activity, while 17 percent reported increases. The majority (51%) reported no change. The new orders index decreased 9 points to -25.8, its lowest reading since April 2020, and the shipments index fell 13 points to -6.2, its first negative reading since May 2020. The employment index dipped into negative territory for the first time since June 2020, falling from 7.1 in November to -1.8 this month. The average workweek index also turned negative, falling 10 points to -8.9. The future indicators improved, suggesting that the firms expect overall growth over the next six months.
2022-12-15T13:38:00"
New York State Business Activity Falls in December,NY Empire State Manufacturing Index,"New York State Business Activity Falls in DecemberUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index dropped 16 points from a month earlier to -11.2 in December 2022, well below market expectations of -1.0 and pointing to the steepest deterioration in the New York State's business activity since August. New orders moved slightly lower, while shipments edged higher. Delivery times and inventories were little changed. Labor market indicators pointed to a moderate increase in employment, but a slightly shorter average workweek. On the price front, both input and selling prices increased at about the same pace as last month. Looking ahead, firms expect some improvement in business conditions over the next six months, but optimism was very subdued.2022-12-15T13:37:25.183"
DXY Pares Gains,Currency,"DXY Pares GainsUnited States CurrencyThe dollar pared some gains to trade just above 104 on Thursday, after retail sales data came much worse than expected as stubbornly high inflation and tight financial conditions hit consumer demand. The dollar recovered from six-month lows in the previous session as the Federal Reserve delivered a more moderate half percentage point rate hike in a widely expected move, but signaled that the fed funds rate could peak higher than anticipated in 2023. The central bank projected rates would end at 5.1% next year before being lowered to 4.1% in 2024, higher than previously indicated. Fed Chair Jerome Powell said that the size of future rate increases would depend on incoming data, but warned that the Fed still has some ways to go in its tightening campaign. Median forecasts for US GDP growth were also revised sharply lower to 0.5% in 2023 from 1.2%, while the unemployment rate was revised to 4.6% from 4.4%, pressuring the dollar further.2022-12-15T13:34:00"
Wall Street Set to Open Sharply Lower,Stock Market,"Wall Street Set to Open Sharply Lower  United States Stock MarketStock futures contracts tied to the blue-chip Dow fell roughly 1% on Thursday, and those linked to the S&P 500 and Nasdaq were down 1.3% and 1.5%, respectively, as a hawkish Federal Reserve and concerns about a looming recession rattled sentiment. The US central bank raised its federal-funds rate by a half percentage point to a range between 4.25% and 4.5%, a 15-year high, signaling that interest rates will go higher for longer while dashing hopes for a rate cut in 2023. On the data front, a Commerce Department report showed retail sales contracted more than expected in November, as stubbornly high inflation and tight financial conditions hit consumer demand. In regular trading on Wednesday, the Dow fell 0.4%, the S&P 500 lost 0.6%, and the Nasdaq Composite tumbled 0.8%.2022-12-15T09:00:00"
Dollar Stabilizes After Fed-Induced Rout,Currency,"Dollar Stabilizes After Fed-Induced RoutUnited States CurrencyThe dollar index stabilized near 104 on Thursday after sliding to six-month lows in the previous session as the Federal Reserve delivered a more moderate half percentage point rate hike in a widely expected move, but signaled that the fed funds rate could peak higher than anticipated in 2023. The central bank projected rates would end at 5.1% next year before being lowered to 4.1% in 2024, higher than previously indicated. Fed Chair Jerome Powell said that the size of future rate increases would depend on incoming data, but warned that the Fed “still have some ways to go” in its tightening campaign. Median forecasts for US GDP growth were also revised sharply lower to 0.5% in 2023 from 1.2%, while the unemployment rate was revised to 4.6% from 4.4%, pressuring the dollar further.2022-12-15T03:52:25.797"
US Futures Edge Up After Downbeat Session,Stock Market,"US Futures Edge Up After Downbeat SessionUnited States Stock MarketUS stock futures edged higher in Asian trade on Thursday after the major averages dropped overnight as the Federal Reserve delivered a widely expected half-percentage point rate hike, but Fed Chair Jerome Powell dashed hopes for a pivot next year and indicated a higher peak for rates. Futures contracts tied to the three major indexes were all up about 0.2%. In regular trading on Wednesday, the Dow fell 0.42%, the S&P 500 lost 0.6% and the Nasdaq Composite tumbled 0.76%, with ten out of the 11 S&P sectors finishing lower. The central bank said it will continue raising interest rates through 2023 and projected a terminal rate of 5.1%, higher than previously indicated. Investors now look ahead to more US economic reports on Thursday including retail sales, jobless claims and the Philadelphia manufacturing index.2022-12-15T00:06:00"
10-Year Treasury Yield Eases,Government Bond 10Y,"10-Year Treasury Yield EasesUnited States Government Bond 10YThe yield on the 10-year US Treasury note fell back to under the 3.5% mark, approaching the three-month low of 3.4% touched on December 7th as projections of a sharp slowdown in the US economy drove investors to challenge the Federal Reserve’s hawkish signals in its December meeting. The Fed delivered a 50bps interest rate hike to 4.25%-4.5% as widely expected, slowing from the four consecutive 75bps increases since June. Meantime, the Summary of Economic Projections pointed to sharp downward revisions to the US GDP growth and expectations of higher unemployment in the coming years, as policymakers increased projections for the Federal funds rate to reach and stay at 5.1% in 2023 from prior estimates of 4.6%. In the meantime, the inversion of the spread between the 2-year and the 10-year bond yields widened past 76bps, approaching the 1981-high of 85bps touched on December 7th.2022-12-14T20:39:54.353"
DXY Pares Gains to Hover at 6-Month Low,Currency,"DXY Pares Gains to Hover at 6-Month LowUnited States CurrencyThe dollar index pared immediate gains and fell to below the 104 mark, hovering at the lowest level in six months as investors digested the Fed’s interest rate hike and fresh economic projections. The central bank raised its key rate by 50bps as largely expected, extending the four consecutive 75bps rate hikes since June and lifting borrowing costs to their highest since 2007. Policymakers signaled that its key interest rate will be at 5.1% by the end of 2023, well above September’s projections of 4.6%, and challenging expectations that interest rate cuts would start in the third quarter of next year. Consequently, median forecasts for GDP growth were revised downwards sharply to 0.5% in 2023 from 1.2% and the unemployment rate was revised to 4.6% from 4.4%, pressuring the greenback. Also, forecasts for core PCE inflation were lifted despite the cooler-than-expected CPI prints in recent months. On Tuesday, the index lost nearly 1% after November’s inflation rate slowed to 7.1%.2022-12-14T20:20:15.58"
10-Year Treasury Note Rebounds Past 3.5%,Government Bond 10Y,"10-Year Treasury Note Rebounds Past 3.5%United States Government Bond 10YThe yield on the 10-year US Treasury note rose above the 3.5% mark, extending its rebound from the three-month low of 3.4% touched on December 7th after the Federal Reserve delivered a 50bps interest rate hike to 4.25%-4.5%, as widely expected, and raised projections for future borrowing costs. Policymakers projected the key interest rate would reach 5.1% at the end of 2023, well above the prior estimates of 4.6%, signaling that the central bank does not see any rate cuts during the period. In the meantime, the inversion of the spread between the 2-year and the 10-year bond yields widened past 75bps, approaching the 1981-high of 85bps touched on December 7th.2022-12-14T19:17:00"
Dollar Rebounds Following Fed Rate Hike,Currency,"Dollar Rebounds Following Fed Rate HikeUnited States CurrencyThe dollar index approached the 104 level, rebounding from the four-month low of 103.5 after the Federal Reserve hiked the fund's rate by 50bps to 4.25%-4.5%, as expected, and raised projections for future borrowing cost levels. The central bank signaled that its key interest rate will be at 5.1% by the end of 2023, well above September’s projections of 4.6%, and challenging expectations that interest rate cuts would start in the third quarter of next year. On Tuesday, the index lost nearly 1% after November’s inflation data slowed more than expected to 7.1%.2022-12-14T19:08:00"
US Crude Oil Stocks Rise the Most since March 2021,Crude Oil Stocks Change,"US Crude Oil Stocks Rise the Most since March 2021United States Crude Oil Stocks ChangeStocks of crude oil in the US unexpectedly surged by 10.23 million in the week ended December 9th, the first increase in five weeks and the biggest since March of 2021, compared to market forecasts of a 3.595 million drop, the latest US Energy Information Administration report showed. Meanwhile, crude stocks at the Cushing, Oklahoma, delivery hub rose by 426,000 barrels. Gasoline stocks rose by 4.5 million barrels, almost twice the market forecast of a 2.7 million barrel rise.2022-12-14T15:35:00"
US Export Prices Decline for 5th Month,Export Prices MoM,"US Export Prices Decline for 5th MonthUnited States Export Prices MoMUS export prices fell by 0.3 percent from a month earlier in November of 2022, slightly below expectations of a 0.4 percent drop and following an upwardly revised 0.4 percent retreat in the prior month. It was the fifth consecutive monthly decrease in export prices as the retreat in costs of non-agricultural exports (-0.6 percent) offset the increase in agricultural exports (2.3 percent). On a yearly basis, prices for US exports rose by 6.3 percent, the lowest increment since February of 2021 and slowing from the upwardly revised 7.4 percent in the previous month.
2022-12-14T13:39:00"
US Mortgage Rates Hold Below 21-Year Highs: MBA,Mortgage Rate,"US Mortgage Rates Hold Below 21-Year Highs: MBA United States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) in the US edged up by 1bps to 6.42% in the week ended December 9th, data from the Mortgage Bankers Association (MBA) showed. It is the first increase in mortgage rates in five months, although borrowing costs hold close to low levels not seen since mid-September, tracking a retreat in bond yields. In November, rates reached 7.14%, the highest since 2001. 2022-12-14T12:12:00"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the US rose 3.2% in the week ending December 9th, the first rise in three weeks and the highest gain in three months. The purchase index increased 4% and the refinancing one 2.8%. Meanwhile, the 30-year mortgage rate edged up by 1bps to 6.42%, but hold close to low levels not seen since mid-September. “The ongoing moderation in home-price growth, along with further declines in mortgage rates, may encourage more buyers to return to the market in the coming months,” said Joel Kan, an MBA economist.2022-12-14T12:06:00"
Dollar Holds Decline Ahead of Fed Decision,Currency,"Dollar Holds Decline Ahead of Fed DecisionUnited States CurrencyThe dollar index held its recent decline to around 104 on Wednesday as investors cautiously awaited the Federal Reserve’s interest rate decision, where it is expected to moderate its aggressive tightening campaign but point to a higher peak for rates. Traders will be closely monitoring Fed Chair Jerome Powell’s press conference after the policy announcement for guidance on futures rate hikes. Meanwhile, the index lost nearly 1% on Tuesday to hit its lowest levels in six months following the release of cooler-than-expected US consumer price data. The annual inflation rate in the US slowed to 7.1% in November 2022, compared to 7.7% in October and below market expectations of 7.3%. Investors also remain cautious as other major central banks including the European Central Bank, Bank of England and Swiss National Bank are set to decide on monetary policy later this week.2022-12-14T03:43:25.13"
US Futures Flat Ahead of Fed Decision,Stock Market,"US Futures Flat Ahead of Fed DecisionUnited States Stock MarketUS stock futures were little changed on Wednesday as investors were on a wait and see mode ahead of the Federal Reserve’s interest rate decision. Futures contracts tied to the three major indexes were all near breakeven. In regular trading on Tuesday, the Dow rose 0.3%, the S&P 500 gained 0.73% and the Nasdaq Composite climbed 1.01%, with ten out of 11 S&P sectors finishing in positive territory. Those gains came on the heels of softer-than-expected US inflation data, giving rise to hopes that the central bank could pause or shift policy in the coming months. A Bureau of Labor Statistics report showed that the annual inflation rate eased to 7.1% in November, below economists' forecasts of 7.3%, reinforcing the case for a modest 50 bps hike on Wednesday. Still, the major averages retreated sharply from their daily highs during Tuesday’s session as the likely peak for rates remains highly uncertain.2022-12-14T00:43:00"
US Crude Inventories Unexpectedly Rise,API Crude Oil Stock Change,"US Crude Inventories Unexpectedly RiseUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 7.819 million barrels in the week ended December 9th, 2022, following a 6.426 million barrels draw in the previous week, data from the American Petroleum Institute showed. It was the sharpest built since the week ended March 5th, 2021, compared with market expectations of a 3.913 million barrels decline. 2022-12-13T21:41:27.203"
US Stocks End Volatile Session Higher,Stock Market,"US Stocks End Volatile Session HigherUnited States Stock MarketUS stocks closed Tuesday's session higher but well below their daily highs, with the Dow erasing a 700-point gain to end around 34,110 points as investors digested signs of cooling inflation but remained cautious ahead of the Federal Reserve meeting. The S&P 500 added 0.7%, while the Nasdaq rose 1%, with the two indexes up 2.8% and 3.8% at session highs, respectively. A Bureau of Labor Statistics report showed that the annual inflation rate eased to 7.1% in November, below economists' forecasts of 7.3%, reinforcing the case for a modest 50 bps hike on Wednesday. On the corporate side, Moderna jumped over 20% after the drugmaker issued promising data about its cancer treatment. Meanwhile, airline shares came under heavy selling pressure, with Jet Blue down almost 10% after the company offered weak guidance. American Airlines and United Airlines were also among the biggest laggards, down 5% and 7%, respectively.2022-12-13T21:03:00"
Wall Street Pares Gains,Stock Market,"Wall Street Pares Gains United States Stock MarketThe Dow erased a 700-point gain to briefly cross into negative territory on Tuesday, while the S&P 500 and the Nasdaq added roughly 0.5% each, as investors digested signs of cooling inflation and speculated on the direction policymakers will take ahead of the conclusion to the Federal Reserve's meeting. A Bureau of Labor Statistics report showed that the annual inflation rate eased to 7.1% in November, below economists' forecasts of 7.3%, reinforcing the case for a modest 50 bps hike on Wednesday and sparking bets on a lower terminal level for the Fed funds, now seen at roughly 4.9% in May 2023. On the corporate side, Moderna jumped over 20% after the drugmaker issued promising data about its cancer treatment. Meanwhile, airline shares came under heavy selling pressure, with Jet Blue down 10% after the company offered weak guidance. American Airlines and United Airlines were also among the biggest laggards, down 6% and 7%, respectively. 2022-12-13T16:16:00"
Americans Are Slightly Less Pessimistic: IBD/TIPP,Economic Optimism Index,"Americans Are Slightly Less Pessimistic: IBD/TIPPUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the US increased to 42.9 in December of 2022 from 40.4 in November, beating market forecasts of 41.3. The biggest positive contribution came from the personal finances subindex which rose by 1.8 points to 50.2, edging into optimistic territory for the first time since September as gas prices fell and the Dow Jones rallied. Also, the share of Americans who think the US economy is in a recession fell to 55% from 58%in November and 61% in October. Meanwhile, the six-month outlook for the US economy increased by 3.4 points to 37.7. Still, the index remained below 50 for a sixteenth consecutive month, continuing to point to pessimism. 2022-12-13T15:12:00"
Stocks in United States Hit 13-week High,Stock Market,Stocks in United States Hit 13-week HighUnited States Stock MarketUS500 increased to a 13-week high of 41022022-12-13T14:30:02.553
10-Year Treasury Note Approaches 3-Month Low After CPI,Government Bond 10Y,"10-Year Treasury Note Approaches 3-Month Low After CPIUnited States Government Bond 10YThe yield on the US 10-year Treasury noted retreated below the 3.5% mark, approaching the three-month low of 3.4% touched on December 7th after the domestic inflation report surprised to the downside, easing expectations of how high the Federal Reserve will have to raise its funds rate target. Consumer prices rose by 7.1% annually in November, below estimates of 7.3% and easing from 7.7% in the prior month. The result consolidated hopes of slowing price growth as data showed that consumer inflation expectations dropped to the lowest in 14 months, adding to bets that the Federal Reserve will deliver a 50bps rate hike this week and maintain smaller rate hike increments after four straight 75bps increases since June. 2022-12-13T13:49:05.45"
US Core CPI Rises Less than Expected,Core Inflation Rate MoM,"US Core CPI Rises Less than ExpectedUnited States Core Inflation Rate MoMUS core consumer prices, which exclude volatile items such as food and energy, went up by 0.2% from a month earlier in November of 2022, down slightly from a 0.3% rise in the prior month and below market estimates of a 0.3% increase. It was the smallest increase in core consumer prices since August of 2021. The indexes for shelter, communication, recreation, motor vehicle insurance, education, and apparel were among those that increased over the month, while the indexes for used cars and trucks, medical care, and airline fares declined. Year-on-year, core consumer prices advanced 6.0% in November of 2022, slowing from a 6.3% increase in October and below market estimates of a 6.1% rise.2022-12-13T13:48:00"
Dollar Sinks to 6-Month Low after CPI,Currency,"Dollar Sinks to 6-Month Low after CPIUnited States CurrencyThe dollar index extended losses and fell more than 1% to below 104 on Tuesday, the lowest level in six months after the CPI report showed the inflation rate in the US eased more than expected. The annual inflation slowed down to 7.1% and the monthly rate and core figures surprised on the downside, pointing that the worst inflationary pressures are behind. Meanwhile, the last Fed meeting of the year begins today. Markets are currently pricing a 50bps rate hike in the fund's rate after four successive 75bps rate increases but still investors will look for any changes in the peak rate.2022-12-13T13:37:00"
US Consumer Prices Rise 0.1% MoM,Inflation Rate MoM,"US Consumer Prices Rise 0.1% MoMUnited States Inflation Rate MoMThe Consumer Price Index in the United States increased by 0.1% from the prior month in November of 2022, slowing from the 0.4% increase in October and below expectations of a 0.3% rise. The energy price index fell by 1.6%, nearly erasing the 1.8% jump in the prior month amid lower prices for gasoline (-2% vs 4.4% in October), electricity (-0.2% vs 0.1%), and utility gas services (-3.5% vs -4.6%). Meanwhile, the cost of food rose by 0.5%, slightly easing from the 0.6% jump in the prior month as costs for both foods at home (0.5% vs 0.4%) and food away from home (0.5% vs 0.9%) rose steadily. In the meantime, shelter prices rose by 0.6% and were responsible for nearly half of the increase in the CPI besides food and energy, slowing slightly from the 0.8% rise in October, lifted by rent (0.8%) and owners’ equivalent rent (0.7%). Other increases were noted for communication (1% vs -0.1%) and recreation (0.5% vs 0.7%). 
2022-12-13T13:31:00"
Dollar Steadies Ahead of Key Inflation Data,Currency,"Dollar Steadies Ahead of Key Inflation DataUnited States CurrencyThe dollar index steadied around 105 on Tuesday, holding in a tight trading range as investors cautiously awaited a key US inflation report that could influence the near-term outlook for interest rates, as well as the Federal Reserve’s policy decision on Wednesday. Investors also digested data on Monday showing US consumer inflation expectations for the next 12 months fell to 5.2% in November 2022, the lowest since August of 2021 and following a 5.9% reading in October. Money markets are currently pricing an almost 75% chance that the US central bank will hike rates by 50 basis points after delivering four successive 75 basis point rate increases. Still, investors see a loftier chance that the peak for the Fed funds will be higher than expected if inflation becomes entrenched.2022-12-13T03:39:00"
Oracle earnings above expectations at 1.21 USD,Earnings,"Oracle earnings above expectations at 1.21 USDUnited States EarningsOracle (ORCL) released earnings per share at 1.21 USD, compared to market expectations of 1.16 USD.2022-12-12T21:19:53.04"
10-Year Treasury Yield Extends Rise,Government Bond 10Y,"10-Year Treasury Yield Extends RiseUnited States Government Bond 10YThe yield on the US 10-year Treasury note approached 3.6%, extending its rebound from the three-month low of 3.4% touched on December 7th as investors await the key US CPI release on Tuesday and the Federal Reserve’s final policy decision of the year on the following day. Consumer prices are expected to have slowed for the fifth straight month in November, consistent with fresh data that showed consumer inflation expectations dropped to the lowest in 14 months. Evidence of slowing inflation drove money markets to price a 50bps rate hike by the Fed this week, easing after four straight 75bps increases since June. Still, concerns of unsustainable price growth remain as producer prices surprised on the upside. At the same time, strong ISM services data and the strong jobs report for November extended some leeway for the Federal Reserve to continue raising borrowing costs. 2022-12-12T16:34:16.903"
"Dollar Cuts Losses, Inflation Eyed",Currency,"Dollar Cuts Losses, Inflation EyedUnited States CurrencyThe dollar index cut early losses to trade little changed around 105 on Monday, as investors take a wait-and-see approach ahead of the key US inflation report due tomorrow and the Fed's monetary policy decision on Wednesday. Traders also digest mixed data showing consumer inflation expectations slowed to the lowest since August last year while the producer price index print released last week surprised on the upside. Money markets are currently pricing an almost 75% chance that the US central bank will hike rates by 50 basis points after delivering four successive 75 basis point rate increases. Still, investors see a loftier chance that the peak for the Fed funds will be higher than expected if inflation becomes entrenched. 2022-12-12T16:21:00"
DXY Subdued Below 105,Currency,"DXY Subdued Below 105United States CurrencyThe dollar index moved below the 105 mark, hovering close to levels not seen since late June and erasing more than half of this year's gains, as prospects of a slowdown in the Federal Reserve tightening campaign and concerns about the economy hang over the greenback. Money markets are pricing an almost 75% chance that the US central bank will hike rates by 50 basis points on Wednesday after delivering four successive 75 basis point rate increases. Still, investors see a loftier chance that the peak for the Fed funds will be higher than expected if inflation becomes entrenched, with the US CPI report on Tuesday offering significant insight about the rate path next year. Some of the most pronounced selling activity against the Euro as investors adjust their bets for the next ECB move. 2022-12-12T10:11:39.513"
"Dollar Climbs with Focus on CPI, Fed",Currency,"Dollar Climbs with Focus on CPI, FedUnited States CurrencyThe dollar index rose above 105 on Monday, extending gains from the previous session when data showed that US producer prices rose more than expected in November, while investors look ahead to US consumer price data and the Federal Reserve’s interest rate decision this week. The US CPI report on Tuesday will be the last major data before the Fed announces its policy decision on Wednesday. Although the Fed is widely expected to deliver a smaller 50 basis point rate hike this week, expectations around the terminal fed funds rate which currently hovers at about 5% could change as inflation remains elevated. Investors also opted for the dollar’s safety as other major central banks including the European Central Bank, the Bank of England and the Swiss National Bank are set to decide on monetary policy this week as well.2022-12-12T04:01:00"
US Futures Ease Ahead of Busy Week,Stock Market,"US Futures Ease Ahead of Busy WeekUnited States Stock MarketUS stock futures edged lower on Monday ahead of a busy calendar week, with US consumer price data and the Federal Reserve’s interest rate decision taking center stage. Futures contracts tied to the three major indexes were all slightly down in Asian trade. Last week, the Dow fell 2.77%, the S&P 500 dropped 3.37% and the Nasdaq Composite declined 3.99%. Those moves came as investors digested a slew of US releases that pointed to a still robust economy, bolstering the case for further monetary tightening. Investors now look ahead to US consumer price data on Tuesday which will be the last major release before the Fed announces its policy decision on Wednesday. The central bank is widely expected to deliver a more modest 50 basis point rate hike this week after raising rates by a hefty 75 basis points in each of the past four meetings, though investors will be watching the Fed’s updated economic projections and Powell’s post-meeting press conference to guide the rates outlook.2022-12-12T01:31:00"
US Wholesale Inventories Rise Less than Initially Thought,Wholesale Inventories,"US Wholesale Inventories Rise Less than Initially ThoughtUnited States Wholesale InventoriesWholesale inventories in the US advanced by 0.5% from a month earlier to $923.8 billion in October of 2022, below an initial estimate of 0.8% and easing slightly from a 0.6% increase in the previous month. It was the weakest growth in wholesale inventories since December of 2020. Inventories rose at a slower pace for durable goods (0.7% vs 1% in September), as increases in machinery (3%) and hardware (1.3%) were partly offset by declines in computer equipment (-2.2%) and furniture (-1.8%). Meanwhile, stocks of non-durable goods edged higher (0.2% vs flat reading). On an annual basis, wholesale inventories grew by 21.9% in October, slightly below an earlier reading of 22.1%.2022-12-09T15:08:00"
10-Year Treasury Yield Rebounds from 3-Month Low,Government Bond 10Y,"10-Year Treasury Yield Rebounds from 3-Month LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, rebounded to above 3.5% from the three-month low of 3.4% touched on December 7th after the producer price index print surprised to the upside, raising concerns that consumer inflation could refrain from slowing further. Better than expected ISM services data and a strong jobs report for November also extended leeway for the Federal Reserve to continue raising borrowing costs, supporting worries that interest rates will top at a higher level next year. Still, money markets continue to price an 80% chance that the US central bank will hike rates by a slower 50bps in December. On top of that, some sectors of the US economy, including housing and industry, have been flashing recessionary signs. Meanwhile, the gap between 2 and 10-year bond yields widened to over 80bps, the largest since at least 1981.2022-12-09T13:42:23.387"
Dollar Rebounds After PPI Release,Currency,"Dollar Rebounds After PPI ReleaseUnited States CurrencyThe dollar index gave up early losses to trade around 105 on Friday, after fresh PPI data showed producer prices in the US rose more than expected last month. Although markets already priced in a smaller 50bps rate hike by the Fed next week, expectations around the terminal fed funds rate which currently hovers around 5% could change as inflation remains elevated. Attention now turns to CPI data due next week. So far this month, the green back lost 1% and is down more than 7% from a 20-year peak of 114.1 reached in September, amid prospects that other central banks namely the ECB and the BoE will tighten faster than initially expected while China eased some covid curbs.2022-12-09T13:38:00"
Dollar Extends Fall as Inflation Data Loom,Currency,"Dollar Extends Fall as Inflation Data LoomUnited States CurrencyThe dollar index weakened to around 104.5 on Friday, sliding for the third straight session as investors cautiously awaited US producer and consumer price data that could shed light on the state of inflation and influence longer-term expectations for monetary policy. Growing recessionary fears in the US also weighed on the currency, with a chorus of top executives sounding the alarm on a potential recession next year. The PPI data for November is due for release later today, while the CPI data is due next week, one day before the Federal Reserve’s policy meeting. The Fed is expected to deliver a more moderate 50 basis point rate hike next week after raising rates by a hefty 75 basis points in the past four meetings, and traders will be watching for signs on whether the central bank is getting ready to pause or continue tightening. Investors are also bracing for monetary policy decisions from the European Central Bank and the Bank of England next week.2022-12-09T02:00:29.55"
US Futures Steady Ahead of PPI Data,Stock Market,"US Futures Steady Ahead of PPI DataUnited States Stock MarketUS stock futures held steady in Asian trade on Friday after the major averages snapped a losing streak, as investors look ahead to the US PPI report that could throw light on the state of inflation. Futures contracts tied to the three major indexes were all near breakeven. In extended trading, Lululemon tumbled 7% after issuing a weak fourth quarter guidance, while DocuSign jumped 11% on better-than-expected quarterly results. In regular trading on Thursday, the S&P 500 climbed 0.75% to end a five-day losing streak, while the Dow and Nasdaq Composite gained 0.55% and 1.13%, respectively. Those moves came as investors continued to assess the outlook for growth and the trajectory of monetary policy. Investors now await the November PPI report and consumer sentiment data on Friday, while consumer inflation data and the Federal Reserve policy meeting will take the spotlight next week.2022-12-09T00:16:00"
Costco Wholesale earnings below expectations at 3.07 USD,Earnings,"Costco Wholesale earnings below expectations at 3.07 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 3.07 USD, compared to market expectations of 3.12 USD.2022-12-08T21:20:03.347"
Broadcom Inc earnings above expectations at 10.45 USD,Earnings,"Broadcom Inc earnings above expectations at 10.45 USDUnited States EarningsBroadcom Inc (AVGO) released earnings per share at 10.45 USD, compared to market expectations of 10.28 USD.2022-12-08T21:20:00.11"
US Mortgage Rates Extend the Decline for 4th Week: Freddie Mac,30 Year Mortgage Rate,"US Mortgage Rates Extend the Decline for 4th Week: Freddie MacUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage decreased for a fourth consecutive week to 6.33% as of December 8th 2022, due to increasing concerns over lacklustre economic growth. It is the lowest rate since mid-September, compared to 6.49% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac. The 15-year fixed-rate mortgage averaged 5.67%, also lower than 5.76% in the previous week. “Over the last four weeks, mortgage rates have declined three quarters of a point, the largest decline since 2008. While the decline in rates has been large, homebuyer sentiment remains low with no major positive reaction in purchase demand to these lower rates”, said Sam Khater, Freddie Mac’s Chief Economist. Still, mortgage rates remain more than double the levels a year ago when the 30-year FRM averaged 3.1% and the 15-year one 2.38%.2022-12-08T19:28:58.007"
Dollar Falls Below 105,Currency,"Dollar Falls Below 105United States CurrencyThe dollar index fell below 105 on Thursday as investors weigh concerns over economic growth and brace for a 50bps rate hike by the Fed next week. Key economic data due tomorrow including PPI and the Michigan consumer sentiment will also be in the spotlight. At the same time, CPI data due next week will provide a more clear picture on inflationary pressures and could change expectations around the terminal fed funds rate which currently hovers around 5%. So far this month, the green back lost 1% and is down more than 7% from a 20-year peak of 114.1 reached in September, amid prospects that other central banks namely the ECB and the BoE will tighten faster than initially expected while China eased some covid curbs.2022-12-08T19:23:00"
US Natural Gas Storage Declines Less than Forecasts: EIA,Natural Gas Stocks Change,"US Natural Gas Storage Declines Less than Forecasts: EIAUnited States Natural Gas Stocks ChangeWorking gas held in storage facilities in the United States decreased by 21 billion cubic feet in the week ending December 2nd of 2022, following an 81 billion cubic feet draw in the previous week and less than market forecasts of a 31 billion cubic feet fall. Total working gas stocks in storage stand at 3.462 trillion cubic feet, down 51 billion cubic feet from a year ago and 58 billion cubic feet below the five-year average. 2022-12-08T15:39:39.747"
"US Continuing Claims Rise for 8th Week, Top Forecasts",Continuing Jobless Claims,"US Continuing Claims Rise for 8th Week, Top ForecastsUnited States Continuing Jobless ClaimsThe number of Americans filing continuing claims for unemployment benefits rose by 62 thousand to 1.671 million on the week ending November 26th, increasing for the eighth consecutive week and well above forecasts of 1.600 million. It was the highest number since early February, reinforcing that the labor market is gradually cooling and Americans who are losing their job are having more trouble finding a new one.2022-12-08T13:32:00"
Initial Claims Match Forecasts at 230K,Initial Jobless Claims,"Initial Claims Match Forecasts at 230KUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits edged higher by 4K to 230K in the week ending December 3rd, matching market expectations. The previous week's level was revised up by 1K from 225K to 226K. The 4-week moving average which removes week-to-week volatility was 230K, the highest level since the last week of August. Non-seasonally adjusted data showed claims rose the most in California (16.057K), amid a big tech layoff, followed by Texas (7.9K) and Georgia (7.57K). Initial claims averaged 224K so far in the fourth quarter, a level consistent with tight labour market. Meanwhile, continuing claims rose for an eighth straight week to 1.671 million in the last week of November, the highest since the week ending February 5th.2022-12-08T13:32:00"
Dollar Holds Up on Recession Fears,Currency,"Dollar Holds Up on Recession FearsUnited States CurrencyThe dollar index held above 105 on Thursday, remaining up so far this week and benefiting from risk-off sentiment as renewed recession fears gripped financial markets. The greenback was also being supported by bets that the Federal Reserve will raise interest rates further and keep them higher for longer following the release of surprisingly strong US employment, services and factory data. Investors now look ahead to US consumer inflation data next week, as well as the Fed’s policy meeting where it is expected to deliver a more moderate 50 basis point rate hike after raising its key rate by 75 basis points in the past four meetings. The dollar held its ground against the euro, sterling and the yen, while it gained against most emerging currencies.2022-12-08T05:31:17.613"
US Futures Slide on Economic Fears,Stock Market,"US Futures Slide on Economic FearsUnited States Stock MarketUS stock futures edged lower on Thursday, extending losses as investors grapple with mounting recession fears and lingering uncertainties around the path for Federal Reserve rate hikes. Futures contracts tied to the three major indexes were all down about 0.2%. In extended trading, Rent the Runway surged 25% after the online retailer topped revenue expectations, while GameStop jumped 4% even after reporting disappointing results. In regular trading on Wednesday, the Dow ended flat, while the S&P 500 and Nasdaq Composite fell 0.19% and 0.51%, respectively. Eight out of 11 S&P sectors declined, led by communication services, technology and consumer discretionary. Those moves came as the bond market flashed growing recession fears, reflecting recent warnings from top US executives who flagged a possible recession next year. Investors now await the latest weekly jobless claims, as well as more earning reports from firms such as Broadcom, Costco and Lululemon.2022-12-08T01:21:00"
US Consumer Credit Rises Less than Expected,Consumer Credit,"US Consumer Credit Rises Less than ExpectedUnited States Consumer CreditTotal consumer credit in the US rose $27.1 billion in October of 2022, following an upwardly revised $25.8 billion rise in the prior month, but below market forecasts of $28.3 billion. That translates into a 6.9% seasonally adjusted annual increase, compared to 6.6% in September. Revolving credit  like credit cards increased at an annual rate of 10.4%, while nonrevolving credit, typically auto and student loans, increased 5.8%. The Fed’s data on consumer credit does not include mortgage loans, which is the largest category of household debt.2022-12-07T20:13:00"
US Crude Oil Stocks Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the US fell by 5.187 million in the week ended December 2nd, a fourth consecutive decline and much more than market forecasts of a 3.305 million drop, the latest US Energy Information Administration report showed. It follows a 12.58 million draw in the previous week which was the highest since June of 2019. At 413.9 million barrels, US crude oil inventories are about 9% below the five year average for this time of year. Meanwhile, crude stocks at Cushing, Oklahoma, went down by 373 thousand barrels, following a 415 thousand draw while gasoline stocks rose by 5.3 million barrels, almost twice the market forecast of a 2.7 million-barrel rise. Distillate stocks rose by 6.2 million barrels, the biggest increase in nearly two years.2022-12-07T15:36:00"
Dollar Struggles For Traction,Currency,"Dollar Struggles For Traction United States CurrencyThe dollar index bottomed around the 105 mark, hovering close to levels not seen since late June and erasing more than half of this year's gains, as prospects of a slowdown in the Federal Reserve tightening and concerns about the US economy spooked investors away from the greenback. Money markets are pricing an almost 80% odd that the US central bank will hike rates by 50 basis points in December after delivering four successive 75 basis point rate increases. Still, investors see a loftier chance that the peak for the Fed funds will be higher than expected. At the same time, some sectors of the US economy, including housing and industry, have been flashing recessionary signs. This dollar's weakness was seen across the board, with some of the most pronounced selling activity against the Euro and the British Pound. 2022-12-07T13:45:00"
US Labor Productivity Revised Higher,Productivity,"US Labor Productivity Revised HigherUnited States ProductivityNonfarm labor productivity in the US rose by an annualized 0.8 percent in the third quarter of 2022, well above preliminary estimates of a 0.3 percent increase and rebounding from the 4.1 percent slump in the previous quarter. It was the first period of growth in labor productivity since the fourth quarter of 2021, as output rose by 3.3 percent (vs -1.2 percent in Q2) while hours worked increased by a slower 2.5 percent (vs 2.9 percent). Year-on-year, nonfarm business sector labor productivity fell by 1.3 percent, revised slightly lower from preliminary estimates of a 1.4 percent drop and easing from the 2.1 percent retreat in the second quarter.2022-12-07T13:35:00"
US Unit Labour Costs Revised Lower,Labour Costs,"US Unit Labour Costs Revised LowerUnited States Labour CostsUnit labor costs in the US nonfarm business sector increased 2.4% in the third quarter of 2022, below a preliminary estimate of 3.5% and market forecasts of 3.1%. It reflects a 3.2% increase in hourly compensation and a 0.8% increase in productivity. Year-on-year, labor costs were up 5.3%. Considering the manufacturing sector, unit labor costs were up 5.8%, reflecting a 2.7% increase in hourly compensation and a 2.9% decrease in productivity. 2022-12-07T13:32:00"
Wall Street Set to Extend Losses,Stock Market,"Wall Street Set to Extend Losses United States Stock MarketUS stock futures tracking the broader market were down roughly 0.5% on Wednesday, putting Wall Street to extend losses as concerns about a longer rate-hike cycle and a looming recession took the driver's seat. The chief executives of America's biggest companies, including JPMorgan Chase CEO Jamie Dimon, are feeling increasingly sour about the health of the world's largest economy as it deals with the twin shocks of high inflation and rising interest rates. This narrative that the Federal Reserve's aggressive tightening will drag the US economy into a recession in 2023 has countered some optimism around China's reopening. On the corporate side, MongoDB jumped more than 25% in premarket trading on better-than-expected third-quarter revenue and upbeat fourth-quarter guidance. In regular trading on Tuesday, the Dow fell 1%, the S&P 500 dropped 1.4%, and the Nasdaq Composite tumbled 2%. 2022-12-07T12:18:00"
Mortgage Applications Fall Despite Lower Interest Rates: MBA,Mortgage Applications,"Mortgage Applications Fall Despite Lower Interest Rates: MBAUnited States Mortgage ApplicationsMortgage applications in the US declined 1.9% in the week ending December 2nd, after a 0.8% drop in the previous period, data from the Mortgage Bankers Association (MBA) showed. Applications to purchase a home dropped 3% while those to refinance a home loan increased 4.7%. Meanwhile, the 30-year mortgage rate went down by 8bps to 6.41%, a fourth consecutive decline to a new low level since mid-September. 2022-12-07T12:06:14.07"
Dollar Buoyed by Growth Concerns,Currency,"Dollar Buoyed by Growth ConcernsUnited States CurrencyThe dollar index steadied around 105.5 on Wednesday after rising for two straight sessions, supported by concerns about a possible recession that hurt risk sentiment and the prospect of higher interest rates. A chorus of top banking executives in the US warned of an impending economic slowdown, with JPMorgan Chase CEO Jamie Dimon saying that persistently high inflation will dent consumer spending and most likely drag the world's largest economy into a recession next year. Meanwhile, surprisingly strong US services and jobs data pointed to a resilient economy and bolstered the case for further monetary tightening. Still, the market expects the Fed to deliver a more moderate 50 basis point rate hike at its December meeting following four straight 75 basis point increases, though questions on how long the central bank will need to tighten remain.2022-12-07T04:01:35.76"
US Crude Oil Inventories Fall More than Expected: API,API Crude Oil Stock Change,"US Crude Oil Inventories Fall More than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States tumbled by 6.426 million barrels in the week ended December 2nd, 2022, well above market expectations of a 3.884-million-barrel decrease and following a 7.850 million barrels draw in the previous week, data from the American Petroleum Institute showed. It was the fourth consecutive weekly drop in stockpiles. 
2022-12-06T21:34:26.047"
The Dow Jones Index fell 1.03%,Stock Market,"The Dow Jones Index fell 1.03%United States Stock MarketIn New York the Dow Jones Index dropped 349 points or 1.03 percent on Tuesday. Losses were led by Walt Disney (-3.79%), Boeing (-3.60%) and Chevron (-2.58%).2022-12-06T21:30:12.347"
Dollar Holds Steady Near 105,Currency,"Dollar Holds Steady Near 105United States CurrencyThe dollar was broadly steady against a basket of major currencies on Tuesday, hovering around the 105 mark as investors continued to assess growth and monetary policy outlook. The upbeat ISM Services data and the solid November jobs report released last week pointed to still a resilient economy and bolstered the case for further monetary tightening. Still, the market expects the Fed to deliver a more moderate 50 basis point rate hike at its December meeting following four straight 75 basis point increases, though questions on how long the central bank will need to tighten remain. The dollar held recent gains against the Chinese yuan while selling against risk-sensitive currencies such as the Australian and New Zealand dollars.2022-12-06T14:06:44.24"
US 10-Year Treasury Yield Consolidates Below 3.5%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Below 3.5%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, bottomed below 3.5% as investors piled into government debt amid prospects that the Federal Reserve will soon slow its pace of rate hikes and fears of an economic slowdown. While better-than-expected ISM services and Jobs data brought some uncertainty regarding the Fed funds terminal level, markets continued to price in an 80% chance that the US central bank will hike rates by 50 basis points in December. On top of that, some sectors of the US economy, including housing and industry, have been flashing recessionary signs. Meanwhile, the gap between 2 and 10-year bond yields widened to over 80 basis points, the largest since at least 1981. 2022-12-06T13:52:00"
US Imports Rise 0.6% in October,Imports,"US Imports Rise 0.6% in OctoberUnited States ImportsImports to the United States increased by USD 2.2 billion, or 0.6%, to USD 334.8 billion in October 2022, moving closer to March's all-time high of USD 351.1 billion, helped by a strong dollar and suggesting domestic demand in the world's largest economy remains strong. Purchases of goods were up by USD 2.4 billion, led by imports of other goods (up USD 1.4 billion) and industrial supplies and materials (up USD 1.1 billion), such as fuel oil, finished metal shapes and nuclear fuel materials. Also, shipments of passenger cars increased USD 0.7 billion. On the other hand, imports of consumer goods were down by USD 0.6 billion, due to lower purchases of cell phones and other household goods, as well as toys, games, and sporting goods. Imports of services decreased by USD 0.2 billion, driven by transport.2022-12-06T13:43:00.51"
US Exports Drop for 2nd Straight Month,Exports,"US Exports Drop for 2nd Straight MonthUnited States ExportsExports from the United States decreased by USD 1.9 billion to USD 256.6 billion in October 2022, down for a second consecutive month, suggesting external demand weakened further amid high inflation, rising borrowing costs and a strong dollar. Exports of goods were down USD 3.7 billion, led by lower sales of industrial supplies and materials (down USD 2.4 billion) such as natural gas and other petroleum products; and consumer goods (down USD 2.0 billion) on the back of pharmaceutical preparations. Meanwhile, exports of foods, feeds, and beverages were up USD 0.5 billion, boosted by sales of soybeans. Exports of services increased USD 1.8 billion, led by travel, transport and other business services.2022-12-06T13:35:04.117"
AutoZone earnings above expectations at 27.45 USD,Earnings,"AutoZone earnings above expectations at 27.45 USDUnited States EarningsAutoZone (AZO) released earnings per share at 27.45 USD, compared to market expectations of 25.26 USD.2022-12-06T12:14:24.037"
Dollar Holds Advance on Fed Hike Bets,Currency,"Dollar Holds Advance on Fed Hike BetsUnited States CurrencyThe dollar index held its recent advance to above 105 on Tuesday, supported by renewed concerns that the Federal Reserve will keep on raising interest rates following better-than-expected US services activity data. The November ISM Services data, along with the solid November jobs report released last week, pointed to a resilient economy and bolstered the case for further monetary tightening. Still, the market is expecting the Fed to deliver a more moderate 50 basis point rate hike at its December meeting following four straight 75 basis point increases, though questions on how long the central bank will need to tighten remain. The dollar held recent gains against the euro, sterling and yen, while facing renewed pressure from the antipodean currencies as the Reserve Bank of Australia raised interest rates further.2022-12-06T03:55:37.763"
DXY Reverses from Near 6-Month Low,Currency,"DXY Reverses from Near 6-Month LowUnited States CurrencyThe dollar index rose to above 105 on Monday, having touched an almost 6-month low at 104.11 earlier in the session, on renewed prospects for a more aggressive Federal Reserve following better-than-expected economic data. Investors see a chance that the peak for the Fed funds will be higher than expected, after a US services gauge rose unexpectedly in November, adding to last week's stronger-than-anticipated US jobs report. Money markets are currently pricing in a terminal rate of close to 5% in the middle of 2023. Still, last week, Fed Chair Powell pledged to scale down the pace of rate increases.2022-12-05T18:23:00"
US 10-Year Treasury Yield Rebounds from 10-Week Low,Government Bond 10Y,"US 10-Year Treasury Yield Rebounds from 10-Week LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note was around 3.6%, up from an over 10-week low of 3.5% hit on December 2nd, as a surprising improvement in the US services sector lifted expectations the Federal Reserve will keep its aggressive tightening to curb inflation. The ISM Services PMI unexpectedly jumped to 56.5 in November, rebounding from a more than 2-year low of 54.4 hit in October and beating market forecasts of 53.3. The report comes after last week wrapped up with stronger-than-expected jobs data. The US economy added a net 263 thousand jobs during November, well above market forecasts of 200 thousand and showing further evidence that the labor market remains tight. Earlier, Fed Chairman Powell said that it may be appropriate to slow the pace of interest rate increases as there are recent data points to a slowdown in the US economy.2022-12-05T18:10:00"
US Private Sector Output Contracts for 5th Month,Composite PMI,"US Private Sector Output Contracts for 5th MonthUnited States Composite PMIThe S&P Global US Composite PMI came in at 46.4 in November 2022, little-changed from a preliminary estimate of 46.3 and down from 48.2 in the previous month. The latest reading pointed to a fifth consecutive decline in private sector business activity, driven by a faster decrease in service sector activity and a renewed downturn in manufacturing production. Incoming new business dropped at a faster rate, with new business from abroad also falling further and at a strong pace. Meanwhile, employment continued to rise, despite a sharper decrease in backlogs of work. On the price front, cost burdens inflation eased to the lowest since the end of 2020. Meanwhile, discounts and concessions aimed at driving new sales led to the softest uptick in output charges for over two years.2022-12-05T14:53:00"
US Services PMI Revised Slightly Higher: S&P Global,Services PMI,"US Services PMI Revised Slightly Higher: S&P GlobalUnited States Services PMIThe S&P Global US Services PMI was revised slightly higher to 46.2 in November of 2022 from a preliminary of 46.1, but continued to point to a fifth straight month of falling services activity and the second-sharpest decline since May of 2020. There was a steeper decrease in new orders, as domestic and foreign client demand remained weak. Efforts to entice customer spending were reflected in the slowest rise in output charges since October 2020. Also, softer upticks in selling prices followed easing cost pressures, as input prices increased at the slowest rate in almost two years. Subdued client demand led to a strong decline in backlogs of work, with concerns for future new order inflows driving below-average levels of business confidence. Nonetheless, efforts to fill long-held vacancies saw employment rise marginally. Finally, business expectations improved amid hopes of greater client demand and lower rates of inflation over the coming year, but remained below average levels. 
2022-12-05T14:52:09.297"
Wall Street Struggles For Traction,Stock Market,"Wall Street Struggles For Traction United States Stock MarketThe Dow lost more than 200 points on Monday, while the S&P 500 and the Nasdaq 100 were down nearly 1% each, as investors await a slew of economic data to gauge the economy's health and the Fed's next move. Last week wrapped up with a stronger-than-expected payroll report, which has thrown some cold water into expectations for a less aggressive tightening despite markets still seeing a 75% chance that the US central bank will hike rates by 50 basis points in December. Still, evidence of rising wage pressures could lead the Fed to keep increasing rates to higher levels than markets are currently expecting. Meanwhile, Tesla dropped more than 2% after warning about a cut in the December output of the Model Y at its Shanghai plant. On the flip side, US-listed Chinese companies, including Alibaba Group and JD.com, enjoyed some respite of hopes for a swifter reopening of China's economy.2022-12-05T14:40:00"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open Lower  United States Stock MarketStock futures contracts tied to the three major indices were down roughly 1% on Monday, putting Wall Street on track to start the week on a sour note as investors await a slew of economic data to gauge the economy's health and the Fed's next move. Last week wrapped up with a stronger-than-expected payroll report, which has thrown some cold water into expectations for a less aggressive tightening despite markets still seeing an 80% chance that the US central bank will hike rates by 50 basis points in December. Now, all eyes are on a report from the ISM that is expected to show that the services sector grew slower in November as tighter financial conditions dented business activity. Meanwhile, Tesla dropped more than 4% after warning about a cut in the December output of the Model Y at its Shanghai plant. On the flip side, US-listed Chinese companies, including Alibaba Group and JD.com, enjoyed some respite of hopes for a swifter reopening of China's economy. 2022-12-05T12:42:00"
Dollar Remains Subdued,Currency,"Dollar Remains Subdued United States CurrencyThe dollar index consolidated slightly below the 105 mark, hovering at the lowest since late June, and erasing more than half of this year’s gains as prospects of a less aggressive tightening from the Federal Reserve spooked investors away from the greenback. The pledge by Fed Chair Powell to scale down the pace of rate increases has somewhat overshadowed last week's stronger-than-anticipated US jobs report. Money markets are pricing an 80% chance that the US central bank will hike rates by 50 basis points in December after delivering four successive 75 basis point rate increases. Still, investors see a loftier chance that the peak for the Fed funds will be higher than expected. The dollar was mostly steady against the euro and the British pound but it came under pressure against the Chinese yuan as bets of a swifter reopening of China's economy lent optimism to yuan bulls. 2022-12-05T11:15:00"
US 10-Year Bond Yields Remains Near 2-Month Low,Government Bond 10Y,"US 10-Year Bond Yields Remains Near 2-Month LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note remained near 3.5%, the lowest in two months as investors believe the Fed will slow down the pace of rate hikes in spite of better-than-expected jobs data released on Friday. The US economy added a net 263 thousand jobs during November, well above market forecasts of 200 thousand and showing further evidence that the labor market remains tight. Earlier, Fed Chairman Powell said that it may be appropriate to slow the pace of interest rate increases as there are recent data points to a slowdown in the US economy.2022-12-05T10:38:00"
Dollar Extends Fall as Sentiment Improves,Currency,"Dollar Extends Fall as Sentiment ImprovesUnited States CurrencyThe dollar index fell toward 104 on Monday, sliding for the fourth straight session and erasing more than half of this year’s gains as China’s policy shift on its Covid response boosted risk assets and expectations grew that the Fed would slow down the pace of rate hikes. The pledge by Fed Chair Powell to scale down the pace of rate increases overshadowed the stronger-than-anticipated US jobs report. The US economy added 263K jobs in November, higher than market forecasts for a 200K increase and following an upwardly revised 284K additions in October. Investors now look ahead to more US economic reports this week including services activity, consumer sentiment, and producer inflation data, as well as consumer inflation data next week. Also, the Fed is also scheduled to meet next week, where it is expected to deliver a smaller 50 basis point rate hike after raising interest rates by 75 basis points in the past four meetings.2022-12-05T03:37:00"
US Futures Ease as Traders Await More Data,Stock Market,"US Futures Ease as Traders Await More DataUnited States Stock MarketUS stock futures eased on Monday as the market entered a quiet period ahead of the Federal Reserve’s December policy meeting, while awaiting more US data to gauge the health of the economy. Futures contracts tied to the three major indexes all fell about 0.1%. In regular trading on Friday, the Dow rose 0.1%, while the S&P 500 and Nasdaq Composite shed 0.12% and 0.18%, respectively, closing little changed after recouping most of the earlier losses triggered by a stronger-than-expected November jobs report. Meanwhile, expectations that the Fed will slow the pace of interest rate hikes starting this month remained intact, with Fed Chair Jerome Powell expressing support for such a move. Investors now look ahead to more US economic reports this week including services activity, consumer sentiment and producer inflation data.2022-12-05T00:50:00"
Private Payrolls Beat on the Upside,Nonfarm Payrolls Private,"Private Payrolls Beat on the UpsideUnited States Nonfarm Payrolls PrivatePrivate payrolls in the United States increased by 221K in November of 2022, the least since April of 2021, but beating market forecasts of 190K. Most job gains were seen in leisure and hospitality (88K), including a gain of 62K in food services and drinking places; and health care (45K). In contrast, employment fell in retail trade (-30K) and transportation and warehousing (-15K).2022-12-02T13:45:43.593"
US Treasury Yields Surge Following NFP,Government Bond 10Y,"US Treasury Yields Surge Following NFPUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose above the 3.6% mark from the two-month low of 3.5% touched on December 1st, as a stronger-than-expected US jobs report added to Federal Reserve’s leeway to continue tightening monetary policy. The US economy added a net 263 thousand jobs during November, well above market forecasts of 200 thousand and showing further evidence that the labor market remains tight. On top of that, average hourly earnings surpassed expectations and grew 0.6% on the month, adding to the central bank’s room to fight inflation. Still, US bond yields are set to close the week sharply lower after Fed Chairman Powell said that it may be appropriate to slow the pace of interest rate increases as there are recent data points to a slowdown in the US economy. 2022-12-02T13:39:00"
DXY Jumps after Jobs Report,Currency,"DXY Jumps after Jobs ReportUnited States CurrencyThe dollar index jumped to 105.5 on Friday, after a strong jobs report renewed expectations for higher interest rates. The US economy unexpectedly added 263K jobs in November of 2022, beating market forecasts of 200K, and following an upwardly revised 284K in October. For the week however, the greenback is still down more than 0.5%, as data released on Thursday showed US PCE inflation slowed to a ten-month low in October and the Fed Chair Jerome Powell said on Wednesday that the Fed could moderate the size of rate hikes as soon as December.2022-12-02T13:35:00"
US Jobless Rate Unchanged at 3.7% in November,Unemployment Rate,"US Jobless Rate Unchanged at 3.7% in NovemberUnited States Unemployment RateThe unemployment rate in the US was unchanged at 3.7 percent in November 2022, matching market expectations and remaining close to September's 29-month low of 3.5 percent. The jobless rate has been in a narrow range of 3.5 percent to 3.7 percent since March, suggesting that the tight labor market will likely continue to contribute to inflationary pressure in the world's largest economy for some time to come. The number of unemployed persons rose by 48 thousand to 6.01 million in November, while the number of employed decreased by 138 thousand to 158.5 million.2022-12-02T13:34:00"
Dollar Holds Decline Ahead of Jobs Data,Currency,"Dollar Holds Decline Ahead of Jobs DataUnited States CurrencyThe dollar index held its recent decline to below 105 on Friday and is on course to finish the week lower as investors cautiously awaited the November jobs report, which would be the last monthly employment release before the Federal Reserve meets on Dec. 13-14. The greenback fell about 1% on Thursday after US PCE inflation slowed to a ten-month low in October, while US manufacturing activity declined more than expected in November. On Wednesday, Fed Chair Jerome Powell said that “slowing down at this point is a good way to balance risks,” and that the Fed could moderate the size of rate hikes as soon as December. Market pricing indicated that the Fed funds rate will peak below 5% in May 2023 following Powell’s comments, lower than previous expectations for a peak above 5% in June. Still, Powell warned that controlling inflation “will require holding policy at a restrictive level for some time.”2022-12-02T03:58:01.423"
US Mortgage Rates Fall for 3rd Week,30 Year Mortgage Rate,"US Mortgage Rates Fall for 3rd WeekUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage decreased for a third straight week to 6.49% as of December 1st 2022, the lowest since mid-September and compared to 6.58% in the previous week, according to a survey of lenders by mortgage giant Freddie Mac. The 15-year fixed-rate mortgage averaged 5.76%, also lower than 5.90% in the previous week. Still, mortgage rates remain more than double the levels a year ago when the 30-year FRM averaged 3.11% and the 15-year one 2.39%. “Mortgage rates continued to drop this week as optimism grows around the prospect that the Federal Reserve will slow its pace of rate hikes. Even as rates decrease and house prices soften, economic uncertainty continues to limit homebuyer demand as we enter the last month of the year”, said Sam Khater, Freddie Mac’s Chief Economist.2022-12-01T18:59:55.757"
US Savings Rate Falls to Lowest Since 2005,Personal Savings,"US Savings Rate Falls to Lowest Since 2005United States Personal SavingsPersonal Saving Rate as a share of disposable income in the United States decreased to 2.30 percent in October, the lowest since 2005 as the high inflation rate and rising borrowing costs are eating out the cushion Americans accumulated during the COVID-19 pandemic. 2022-12-01T16:13:01.243"
US Natural Gas Storage Draw Slightly Smaller-than-Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Storage Draw Slightly Smaller-than-Expected: EIAUnited States Natural Gas Stocks ChangeWorking gas held in storage facilities in the United States decreased by 81 billion cubic feet in the week ending November 25 of 2022. It is the biggest draw since the first week of March, following a 80 billion cubic feet decline in the previous week. Still, figures compare with market forecasts of a bigger 84 billion cubic feet fall. 2022-12-01T15:49:27.223"
US Construction Spending Falls in October,Construction Spending,"US Construction Spending Falls in OctoberUnited States Construction SpendingConstruction spending in the US shrank 0.3% month-over-month in October of 2022, following a downwardly revised 0.1% increase in the previous month, matching market forecasts. Spending on private construction fell by 0.5%, led by a decline in the nonresidential segment (-0,8%), especially for religious (-9.9%) and manufacturing (-3.2%). Investment in residential construction also decreased (-0.3%), with spending on single-family projects dropping 2.6% while outlays on multi-family housing projects increased 0.6%. On the other hand, public investment rose 0.6%, mainly supported by power (22.8%) and health care (4.2%).2022-12-01T15:07:00"
United States Stock Market Index (US500) above 4100,stock market,United States Stock Market Index (US500) above 4100United States stock marketUnited States Stock Market Index (US500) rose above 4100 points.2022-12-01T15:00:00.657
United States Manufacturing PMI Revised Slightly Higher: S&P Global,Manufacturing PMI,"United States Manufacturing PMI Revised Slightly Higher: S&P GlobalUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was revised slightly higher to 47.7 in November of 2022 from a preliminary of 47.6, but continued to point to the first contraction in factory activity since June of 2020. The fall was driven by declines in output and new orders. Demand conditions weakened in domestic and external markets, as new export orders fell further. Employment growth slowed as pressure on capacity dwindled and backlogs of work contracted strongly. On a more positive note, supply chains improved for the first time since October 2019, with price pressures softening as a result of reduced demand for inputs from firms. Input costs rose at the slowest rate for two years. Meanwhile, business confidence remained historically subdued, as concerns regarding inflation and customer hesitancy weighed on optimism.2022-12-01T14:48:46.537"
US Continuing Jobless Claims Highest Since February,Continuing Jobless Claims,"US Continuing Jobless Claims Highest Since FebruaryUnited States Continuing Jobless ClaimsContinuing claims for unemployment benefits rose by 57,000 to 1.608 million in the week ending November 19th, well above market forecasts of 1.573 million. It was the highest number since February and the biggest jump in a year suggesting that labor market is gradually cooling and Americans are finding it more difficult to find a new job.2022-12-01T14:16:15.16"
Dollar Falls 1%,Currency,"Dollar Falls 1%United States CurrencyThe dollar index extended losses and fell nearly 1% to below 105 on the first day of December, the lowest in near five months, after fresh data showed PCE inflation slowed in October and factory activity shrank for the first time in over two years, strengthening the case for the Fed to slow the pace of interest rate increases. On Wednesday, Powell said that “slowing down at this point is a good way to balance risks,” and that the Fed could moderate the size of rate hikes as soon as December. Market pricing indicated that the Fed funds rate will peak below 5% in May 2023 following Powell’s comments, lower than previous expectations for a peak above 5% in June. Still, Powell warned that controlling inflation “will require holding policy at a restrictive level for some time”. Traders now await the jobs report due tomorrow for a further update on the health of the labour market.2022-12-01T13:46:00"
US Personal Income Above Forecasts,Personal Income,"US Personal Income Above ForecastsUnited States Personal IncomePersonal income in the United States increased 0.7% from a month earlier in October of 2022, up from a 0.4%  rise in September and above market expectations of a 0.4% gain. It was the strongest reading since October of 2021, primarily reflecting increases in compensation and government social benefits. The increase in compensation was led by private wages and salaries. Within private wages and salaries, both services-producing industries and goods-producing industries increased. The increase in government social benefits reflected increases in ""other"" benefits, primarily reflecting one-time refundable tax credits issued by states.2022-12-01T13:34:00"
US Initial Jobless Claims Unexpectedly Fall,Initial Jobless Claims,"US Initial Jobless Claims Unexpectedly FallUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 16,000 to 225,000 on the week ending November 26th, compared to market expectations of 235,000. The 4-week moving average was 228,750, an increase of 1,750 from the previous week's revised average. On a seasonally unadjusted basis, initial claims fell by 50,512 to 198,557, with notable decreases in Montana (-318), North Carolina (-133), and Arkansas (-131). 2022-12-01T13:33:00"
Kroger earnings above expectations at 0.88 USD,Earnings,"Kroger earnings above expectations at 0.88 USDUnited States EarningsKroger (KR) released earnings per share at 0.88 USD, compared to market expectations of 0.81 USD.2022-12-01T13:16:49.09"
Dollar General earnings below expectations at 2.33 USD,Earnings,"Dollar General earnings below expectations at 2.33 USDUnited States EarningsDollar General (DG) released earnings per share at 2.33 USD, compared to market expectations of 2.54 USD.2022-12-01T13:16:44.94"
US Companies Cut Most Jobs since 2021,Challenger Job Cuts,"US Companies Cut Most Jobs since 2021United States Challenger Job CutsUS-based employers announced 76,835 job cuts in November of 2022, the highest since January of 2021, and compared to 33,835 in October. The tech sector announced 52,771 cuts, the highest monthly total for the sector since detailed industry data started being collected in 2000. Other big job cuts were recorded in the consumer products sector (4,176), health care (2,985), construction (2,612) and transportation (2,127). So far this year, employers announced plans to cut 320,173 jobs, a 6% increase from the the first eleven months of 2021, with the tech sector cutting 80,978, the most since 2002. The auto sector announced the second-most job cuts this year with 30,669. Most jobs were lost in California so far in 2022 (103,433) more than doubling 45,114 cuts in the same period of 2021. Most job losses were due to cost-cutting (77,134). Meanwhile, employers announced plans to hire 30,203 workers in November, bringing the year-to-date total to 1,430,671, down 14% from 2021.
2022-12-01T12:40:00"
10-Year Treasury Yield Consolidates Around 3.5%,Government Bond 10Y,"10-Year Treasury Yield Consolidates Around 3.5%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, consolidated around 3.5%, a level not seen since late September, as the narrative started to change from inflation and tightening to slowing growth and the likelihood of a policy pivot. In a recent speech at the Brookings Institution, Fed Chair Jerome Powell suggested that it may be appropriate to slow the pace of interest rate increases as soft economic data hinted that its aggressive policy is taking effect on the economy. The Fed's preferred inflation measure, the US core personal consumption expenditures price index, eased to 5% in line with expectations, in the latest signal that inflation could be peaking. Now all eyes turn to November non-farm payrolls and unemployment rate data, due on Friday, or more clues on future interest rate hikes.2022-12-01T08:25:00"
Dollar Index Hits 15-week Low,currency,Dollar Index Hits 15-week LowUnited States currencyDXY decreased to a 15-week low of 105.322022-12-01T07:20:42.383
Dollar Languishes on Powell Remarks,Currency,"Dollar Languishes on Powell RemarksUnited States CurrencyThe dollar index held below 106 on Thursday, the lowest in four months, after a sharp fall in the previous session, after Federal Reserve Chair Jerome Powell signaled a slower pace of tightening ahead. Powell said that “slowing down at this point is a good way to balance risks,” and that the Fed could moderate the size of rate hikes as soon as December. Market pricing indicated that the Fed funds rate will peak below 5% in May 2023 following Powell’s comments, lower than previous expectations for a peak above 5% in June. Still, Powell warned that controlling inflation “will require holding policy at a restrictive level for some time.” Investors now look ahead to more US data to gauge the health of the world’s largest economy, highlighted by a key monthly jobs report on Friday.2022-12-01T04:18:00"
Synopsys earnings above expectations at 1.91 USD,Earnings,"Synopsys earnings above expectations at 1.91 USDUnited States EarningsSynopsys (SNPS) released earnings per share at 1.91 USD, compared to market expectations of 1.85 USD.2022-11-30T21:22:59.72"
Salesforce.com earnings above expectations at 1.40 USD,Earnings,"Salesforce.com earnings above expectations at 1.40 USDUnited States EarningsSalesforce.com (CRM) released earnings per share at 1.40 USD, compared to market expectations of 1.22 USD.2022-11-30T21:22:57.6"
Stocks in United States Hit 10-week High,Stock Market,Stocks in United States Hit 10-week HighUnited States Stock MarketUSNDX increased to a 10-week high of 120252022-11-30T21:00:52.763
US 10-Year Treasury Yield Consolidates Around 3.7%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Around 3.7%United States Government Bond 10YThe yield on the 10-year Treasury note consolidated around 3.7%, not far from an over 7-week low of 3.62% touched on November 28th as investors raised bets for a smaller size of rate increases from the Federal Reserve going forward. It comes after Fed Chair Jerome Powell said on Wednesday in remarks prepared for the speech at the Brookings Institution that the Federal Reserve may scale back the pace of its interest rate hikes already in December. Also, data suggested the labour market started to cool.  Markets now see a 75% chance for a smaller 50 bps interest rate hike in December, after four consecutive 75 bps increases. 2022-11-30T18:57:00"
DXY Eases to Session Lows on Prospect of Smaller Rate Hikes,Currency,"DXY Eases to Session Lows on Prospect of Smaller Rate HikesUnited States CurrencyThe dollar index pulled back to session lows of 106.3 in a roller coaster session Wednesday, having risen above 107 earlier, after Fed Chair Powell confirmed smaller rate hikes could start already in December. The greenback turned positive earlier in the session after labour data was not enough to dash concerns about another 75 bps hike in December. Employment increased by 127,000 from October to November, the least since January 2021, and job openings declined to 10.3 million in October, suggesting demand for labor was cooling amid tight financial conditions.2022-11-30T18:40:00"
DXY Bounces Back Above 107,Currency,"DXY Bounces Back Above 107 United States CurrencyThe dollar index bounced back above the 107 mark, a dramatic reversal from its daily lows of around 106.3, as investors reassessed the outlook for monetary policy ahead of remarks from Fed Chair Powell. The abrupt change in sentiment around the greenback came after the release of job openings data. Although the report showed that the number of job openings declined to 10.3 million in October, which, along with the ADP numbers, suggested that demand for labor was cooling, it was not enough to dash concerns about another 75 bps hike in December. Now, all eyes were on Powell's speech on the economic outlook and the labor market at a Brookings Institution event later in the day for clues about the central bank's rate path. The most pronounced buying activity was against the euro and the British pound. The DXY lost more than 4% in November, leaving it on track for the biggest monthly fall since September 2010.2022-11-30T16:06:00"
US Gasoline Stocks Rise Sharply for 3rd Week,Gasoline Stocks Change,US Gasoline Stocks Rise Sharply for 3rd WeekUnited States Gasoline Stocks ChangeStocks of gasoline in the United States increased by 2769 thousand barrels in the week ending November 25 of 2022. Figures beat market forecasts of 1625 thousand. 2022-11-30T15:59:13.443
US Heating Oil Stocks Fall the Most This Year,Heating Oil Stocks,"US Heating Oil Stocks Fall the Most This YearUnited States Heating Oil Stocks US heating oil stocks fell by 729 thousand barrels in the week ended November 25th, the most since August 2021.2022-11-30T15:58:19.367"
US Distillate Stocks Rise More than Expected Last Week,Distillate Stocks,"US Distillate Stocks Rise More than Expected Last WeekUnited States Distillate StocksDistillate stockpiles in the United States, which include diesel and heating oil, rose by 3.547 million barrels in the week ended November 25th, the most since September and compared to expectations for a 1.457-million barrel increase, the EIA data showed.2022-11-30T15:57:40.733"
US Crude Stocks Fall the Most since 2019,Crude Oil Stocks Change,"US Crude Stocks Fall the Most since 2019United States Crude Oil Stocks ChangeUS crude oil inventories fell by 12.58 million barrels in the week ended November 25th, the most since June of 2019 and compared with market expectations of a much smaller 2.758-million-barrel decrease, the latest US Energy Information Administration report showed. Crude stocks at Cushing, Oklahoma, went down by 415 thousand barrels, following an 887 thousand draw. On the other hand, gasoline stocks rose by 2.769 million, more than market expectations of a 1.625 million build, and distillate stockpiles, including diesel and heating oil, went up by 3.547 million, versus forecasts for a 1.457 million increase.  2022-11-30T15:37:00"
US Job Quits Lowest since May 2021,Job Quits,"US Job Quits Lowest since May 2021United States Job QuitsThe number of job quits in the United States declined to 4.026 million in October of 2022, the lowest since May of 2021. In October, quits decreased in information (-29,000). The so-called quits rate, which measures voluntary job leavers as a share of total employment, was 2.6 percent, down from 2.7 percent in each of the three previous months and also the lowest since May of 2021.2022-11-30T15:27:00"
US Pending Home Sales Decline for 5th Month,Pending Home Sales MoM,"US Pending Home Sales Decline for 5th MonthUnited States Pending Home Sales MoMPending home sales in the US fell by 4.6% month-over-month in October of 2022, the fifth consecutive decline, but slightly below market forecasts of a 5% retreat. Pending home sales fell for the fifth month in a row in the Northeast (-4.3%) and in the South (-6.4%), while the West (-11.3%) slumped for a second month. Year-over-year, pending home sales fell by 37%, the sharpest decline on record. ""October was a difficult month for home buyers as they faced 20-year-high mortgage rates. The upcoming months should see a return of buyers, as mortgage rates appear to have already peaked and have been coming down since mid-November"", said NAR Chief Economist Lawrence Yun.2022-11-30T15:10:00"
Chicago Business Barometer at 30-Month Low,Chicago PMI,"Chicago Business Barometer at 30-Month LowUnited States Chicago PMIThe Chicago PMI in the United States tumbled to 37.2 points in November of 2022 from 45.20 points in the previous month, marking the third consecutive month of contractions. It is the lowest reading since May of 2020, well below market forecasts of 47. Among the main five indicators, a decline was seen for production (down 9.2 points to 35.9), new orders (-8.5 points to 30.7) and orders backlogs (-11.2 points to 36.1). At the same time, inventories went up 2.9 points to 59.8. On the other hand, employment rose 1.5 points to 47.1 and supplier deliveries declined by 9.4 points to 49.9 while prices paid moderated by 8.6 points to 66.2.2022-11-30T14:57:50.057"
US 10-Year Bond Yield Rises After GDP Revision,Government Bond 10Y,"US 10-Year Bond Yield Rises After GDP RevisionUnited States Government Bond 10YThe yield on the 10-year Treasury note was at the 3.75% mark, consolidating above the 6-week low of 3.7% touched on November 16th as investors continued to assess the health of the US economy for hints on how much tightening leeway the Federal Reserve has to curb inflation. Second estimates showed that the US GDP grew by 2.9% in the third quarter, above the previous estimate of 2.6% and adding some resilience to the economy ahead of more rate hikes by the Fed. Previously, FOMC member Bullard noted that financial markets are underestimating the chances of higher interest rates next year as inflation remains far too high, also pressuring US debt. The hawkish tone went against minutes from the Fed’s last meeting, which signaled that policymakers agreed that there were concerns about the economy’s health and that it would be appropriate to slow the pace of rate hikes. 2022-11-30T13:49:54.54"
"DXY Weakens, Set for 4.5% Monthly Loss",Currency,"DXY Weakens, Set for 4.5% Monthly LossUnited States CurrencyThe dollar index weakened to 106.5 on Wednesday and is down more than 4.5% in November, on track for the biggest monthly fall since September 2010. Markets have been betting that the US central bank will likely slow the pace of tightening to 50 basis points in December after delivering four straight 75 basis point increases. However, recent hawkish remarks from several Fed policymakers, with Louis Fed President James Bullard and his New York counterpart John Williams warning about a higher terminal level, brought uncertainty around the rate path. Meanwhile, the latest data showed US GDP growth was revised higher to 2.9% in Q3 from initial estimates of 2.6%. At the same time, second estimates showed PCE prices slowed less than earlier expected. Another report showed hiring at US companies retreated in November to the slowest pace in nearly two years and wage gains moderated. 2022-11-30T13:43:00"
US Wholesale Inventories Growth Picks Up in October,Wholesale Inventories,"US Wholesale Inventories Growth Picks Up in OctoberUnited States Wholesale InventoriesWholesale inventories in the US rose by 0.8 percent month-over-month to $925.8 billion in October of 2022, picking up from a 0.6 percent rise in the prior month, preliminary estimates showed. It was the 27th consecutive month of growth in inventories, as stocks rose for both durable goods (1.0 percent, the same as in the previous month) and non-durable goods (0.4 percent vs. -0.1 percent). On an annual basis, wholesale inventories grew by 22.1 percent in October. 2022-11-30T13:39:50.863"
US Corporate Profits Edge Down in Q3,Corporate Profits,"US Corporate Profits Edge Down in Q3United States Corporate ProfitsCorporate profits in the United States went down 0.2 percent to USD 2.52 trillion in the third quarter of 2022, after a 6.2 percent rise in the previous period. Net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, rose 5.2 percent to USD 3.11 trillion, while net dividends fell 3.1 percent to USD 1.69 trillion. Meanwhile, undistributed profits climbed 6.2 percent to USD 0.83 trillion.2022-11-30T13:35:18.127"
US Goods Gap Widens to 5-Month High,Goods Trade Balance,"US Goods Gap Widens to 5-Month HighUnited States Goods Trade BalanceThe trade gap on goods in the US widened sharply to $99 billion in October of 2022 from the downwardly revised $91.9 billion in the prior month, marking the largest deficit in five months. Exports fell by 2.6 percent to $173.3 billion, with declines taking place for consumer goods (-9.4 percent), industrial supplies (-4.7 percent), and capital goods (-0.1 percent). On the other hand, imports rose by 0.9 percent to $272.7 billion, supported by industrial supplies (1.5 percent), food, feeds, and beverages (2.9 percent), and automotive vehicles (2.2 percent).2022-11-30T13:34:00"
Mortgage Rates Fall for 3rd Week: MBA,Mortgage Rate,"Mortgage Rates Fall for 3rd Week: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) in the US fell by 18bps to 6.49% in the week ended November 25th, following a 23bps drop in the previous week, data from the Mortgage Bankers Association (MBA) showed. It is the third consecutive week that borrowing costs fall and now stand at their lowest level in since mid-September, tracking a retreat in bond yields. 2022-11-30T12:11:44.857"
"Dollar Subdued, Heads For Worst Month Since September 2010",Currency,"Dollar Subdued, Heads For Worst Month Since September 2010United States CurrencyThe dollar weakened against a basket of six peers on Wednesday, hovering around 106.5 as investors refrained from opening new positions ahead of Federal Reserve Chair Jerome Powell’s speech later today. Markets have been betting that the US central bank will likely slow the pace of tightening to 50 basis points in December after delivering four straight 75 basis point increases. However, recent hawkish remarks from several Fed policymakers, with Louis Fed President James Bullard and his New York counterpart John Williams warning about a higher terminal level, brought uncertainty around the rate path. Investors also look ahead to a raft of US economic reports this week, highlighted by a critical monthly jobs report on Friday. The DXY lost more than 4.5% in November, leaving it on track for the biggest monthly fall since September 2010. 2022-11-30T10:36:30.157"
Dollar Steadies Ahead of Powell Remarks,Currency,"Dollar Steadies Ahead of Powell RemarksUnited States CurrencyThe dollar index held above 106.5 on Wednesday, consolidating recent gains as investors geared up for Federal Reserve Chair Jerome Powell’s remarks later today that could offer fresh clues on future rate hikes. The greenback rose more than 1% in the prior three sessions as Fed officials signaled that interest rates could peak higher than previously anticipated as inflation remains stubbornly high. St. Louis Fed President James Bullard said the policy rate needs to rise to at least 5%, while New York Fed President John Williams said that rates need to rise further and stay high through next year. Still, the Fed is widely expected to slow the pace of tightening to 50 basis points in December after delivering four straight 75 basis point increases. Investors also look ahead to a raft of US economic reports this week, highlighted by a key monthly jobs report on Friday.2022-11-30T03:53:05.657"
US Futures Steady Ahead of Powell Speech,Stock Market,"US Futures Steady Ahead of Powell SpeechUnited States Stock MarketUS stock futures held steady on Wednesday as investors cautiously awaited Federal Reserve Chair Jerome Powell’s speech that could offer fresh clues on future rate hikes. Future contracts tied to the three major indexes drifted flat to slightly negative. In regular trading on Tuesday, the Dow ticked up 0.01%, while the S&P 500 and Nasdaq Composite dropped 0.16% and 0.59%, respectively. Those moves came as investors fretted about further monetary tightening and its implications on growth, with Fed officials signaling that interest rates will continue to rise well into next year as inflation remains stubbornly high. Markets now turn their attention to Powell’s appearance at the Brookings Institution for more guidance. Investors also look ahead to a raft of US economic data on Wednesday, as well as more earnings reports from major firms such as Salesforce, Synopsys and Hormel Foods.2022-11-30T00:45:00"
US Crude Oil Inventories Fall More than Expected: API,API Crude Oil Stock Change,"US Crude Oil Inventories Fall More than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States tumbled by 7.85 million barrels in the week ended November 25th, 2022, well above market expectations of a 2.487-million-barrel decrease and following a 4.819 million barrels draw in the previous week, data from the American Petroleum Institute showed. It was the sharpest decline since the week ended July 2th, 2021. 2022-11-29T21:36:21.907"
Workday earnings above expectations at 0.99 USD,Earnings,"Workday earnings above expectations at 0.99 USDUnited States EarningsWorkday (WDAY) released earnings per share at 0.99 USD, compared to market expectations of 0.84 USD.2022-11-29T21:24:02.823"
Intuit earnings above expectations at 1.66 USD,Earnings,"Intuit earnings above expectations at 1.66 USDUnited States EarningsIntuit (INTU) released earnings per share at 1.66 USD, compared to market expectations of 1.19 USD.2022-11-29T21:23:59.47"
Wall Street Struggles For Traction,Stock Market,"Wall Street Struggles For Traction United States Stock MarketThe Dow Jones closed virtually flat on Tuesday, and the S&P 500 and Nasdaq lost roughly 0.2% and 0.8%, respectively, amid persistent concerns that further interest rate hikes will drag the US economy into a recession and lead to sharp downward earnings revisions. Louis President James Bullard and his New York counterpart John Williams were among the latest policymakers to warn that the terminal rate of Fed Funds could be higher than expected next year as inflation remains stubbornly high. The market movement came along with an uptick in Treasury yields, enough to spook investors away from tech and other high-growth stocks. Now all eyes are on Fed Chair Jerome Powell's speech at the Brookings Institution for further clues on the central bank's rate-hike path. Meanwhile, China's national health authority said it would bolster vaccination among its senior citizens and avoid severe restrictions, fueling speculation that Beijing is bending to pressure for a swifter reopening. 2022-11-29T21:01:00"
US Stocks Under Pressure,Stock Market,"US Stocks Under PressureUnited States Stock MarketThe Dow lost 100 points on Tuesday, and the S&P 500 and Nasdaq were down 0.5% and 1%, respectively, amid persistent concerns that further interest rate hikes will drag the US economy into a recession and lead to sharp downward earnings revisions. Louis President James Bullard was among the latest policymakers to warn that the terminal rate of Fed Funds could be higher than expected next year as inflation remains stubbornly high. The market movement came along with an uptick in Treasury yields, enough to spook investors away from tech and other high-growth stocks. Meanwhile, China's national health authority said it would bolster vaccination among its senior citizens and avoid severe restrictions, fueling speculation that Beijing is bending to pressure for a swifter reopening and pushing US-listed Chinese shares higher. 2022-11-29T16:57:00"
Dallas Fed Services Index Improves Slightly in November,Dallas Fed Services Index,"Dallas Fed Services Index Improves Slightly in NovemberUnited States Dallas Fed Services IndexThe Dallas Fed General Business Activity index for services in Texas rose slightly to -11 in November of 2022, from an over two-year low of -13.6 in the prior month. Perceptions of broader business conditions remained negative in November, although they were less pessimistic than in October. The company outlook index also increased to -4.1 from -9.1, while the outlook uncertainty index fell four points to 23.4.2022-11-29T15:38:03.06"
Wall Street Struggles to Make Headway,Stock Market,"Wall Street Struggles to Make Headway United States Stock MarketAll three major US stock indexes were trading around the flatline on Tuesday as investors continued to follow developments in China while reassessing the growth and monetary policy outlook. Some of the upbeat tone seen during the European session amid speculation that China could ease some coronavirus-related restrictions started to fade in the light of persistent concerns that an aggressive tightening from the Federal Reserve would drag the economy into a recession next year. Louis President James Bullard, New York Fed President John Williams, and Fed Vice Chair Lael Brainard were among the latest policymakers to warn investors that the terminal rate of Fed Funds could be higher than expected. On the corporate side, US-listed Chinese shares somewhat outperformed after China's national health authority said it would bolster vaccination among its senior citizens and avoid severe restrictions.2022-11-29T14:36:00"
US Home Prices Edge Up in September,House Price Index MoM,"US Home Prices Edge Up in SeptemberUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US edged up 0.1 percent from a month earlier in September of 2022. On a yearly basis, house prices rose 11 percent, the least since October 2020 and easing from a 11.9 percent advance in the previous month. Considering Q3, house prices rose 12.4 percent compared to  the third quarter of 2021 and were up 0.1 percent when compared to the previous period. “House prices were flat for the third quarter but continued to remain above levels from a year ago.” said William Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics. “The rate of U.S. house price growth has substantially decelerated. This deceleration is widespread with about one-third of all states and metropolitan statistical areas registering annual growth below 10 percent.” 2022-11-29T14:05:57.543"
US Stock Futures Rise,Stock Market,"US Stock Futures Rise United States Stock MarketStock futures contracts tied to the three major indices were up roughly 0.5% on Tuesday, putting Wall Street on track to rebound as investors continued to monitor developments in China while digesting a slew of Fed speeches. China's national health authority downplayed the risks of the Omicron variant while saying it would bolster vaccination among its senior citizens, a move regarded as essential to ending its strict zero-COVID policy following massive protests across the country. On the monetary policy side, St. Louis President James Bullard, New York Fed President John Williams, and Fed Vice Cahir Lael Brainard warned investors that the terminal rate of Fed Funds would be higher than previously expected. In regular trading on Monday, the Dow fell 1.45%, the S&P 500 dropped 1.54%, and the Nasdaq Composite tumbled 1.58%. 2022-11-29T10:45:00"
US Futures Steady After Downbeat Session,Stock Market,"US Futures Steady After Downbeat SessionUnited States Stock MarketUS stock futures held steady on Tuesday after the major averages slumped during Monday’s session, while investors look ahead to a slew of US economic data and more Federal Reserve commentary this week. Futures contracts tied to the three major indexes were all trading near breakeven. In regular trading on Monday, the Dow fell 1.45%, the S&P 500 dropped 1.54% and the Nasdaq Composite tumbled 1.58%, with all eleven S&P sectors finishing the day lower. Equities and other risk assets came under pressure on Monday as protests against strict Covid restrictions in China spread across the country and clouded the global outlook. Hawkish remarks from Fed officials about the rate hike path also weighed on markets. Investors now await US house price and consumer confidence data later today, as well as Fed Chair Jerome Powell’s remarks on Wednesday. Companies slated to report earnings on Tuesday include Intuit, Workday, CrowdStrike, HP and Netapp.2022-11-29T00:35:00"
Wall Street Extends Losses,Stock Market,"Wall Street Extends LossesUnited States Stock MarketThe Dow lost almost 500 points on Monday, and the S&P 500 and Nasdaq were down over 1.5% as investors grew worried about the prospects of a global recession and Fed officials reassured more rate hikes are coming. Widespread protests against strict COVID-19 restrictions in several Chinese cities exacerbated concerns about the health of the world's second-largest economy while sending shockwaves through global equities markets. Meanwhile, St. Louis Fed President Bullard said the Fed needs to hike interest rates a bit further and then keep them there throughout next year and into 2024 to gain control of inflation and bring it back down toward the 2% central bank goal. Also, Fed Vice Chair Brainard said the string of supply shocks is keeping inflation risks elevated. On the corporate side, Apple tumbled roughly 2.6% after a media report said the company would face an approximately 6 million iPhone Pro production shortfall due to unrest at Foxconn's Zhengzhou plant. 2022-11-28T21:22:00"
DXY Edges Up,Currency,"DXY Edges UpUnited States CurrencyThe dollar edged up to 106.5 on Monday, slightly recovering from a 3-1/2-month low of 105.32 supported by safe-haven demand as investors fretted about global growth and reassessed the outlook for monetary policy. A substantial majority of Fed policymakers have been hinting that soon will be appropriate to slow the pace of interest rate hikes for the central bank to assess the economic landscape. However, Fed Bullard said markets may be underestimating the chances of higher rates and Fed Williams noted policymakers have more work to do to curb inflation. Earlier this month, the Fed delivered its fourth straight 75 basis point rate increase and pushed borrowing costs to the highest since 2008 to tame stubbornly high inflation. Money markets are now pricing in a 70% chance that the central bank would deliver a smaller 50-bps rate hike in December. At the same time, growing unrest in China over its strict COVID-19 restrictions added to worries about sluggish economic growth.2022-11-28T18:32:00"
Texas Manufacturing Sector Slows Contraction in November,Dallas Fed Manufacturing Index,"Texas Manufacturing Sector Slows Contraction in NovemberUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas’ general business activity index for manufacturing in Texas increased to -14.4 in November of 2022 from -19.4 in the prior month. The prices paid for raw materials index fell sharply to 22.6 from 32 in October, supporting lower inflation for prices received for finished goods (13.9 vs 22.2). On the other hand, the production index, a key measure of state manufacturing conditions, fell to 0.8 points from 6 in the prior month, suggesting further deceleration in output growth. Also, the new orders index sank to -20.9 from -8.8, recording the sixth negative month in a row and consequently driving finished goods inventories to rebound to 2.2 from -12.6. Still, optimism for the future prevailed, as the future production index increased to 8.9 from 3.1, while expected new orders rebounded to 4.5 from -4.5.2022-11-28T15:34:00"
US Stocks Struggle For Traction,Stock Market,"US Stocks Struggle For Traction United States Stock MarketThe Dow lost more than 400 points on Monday, and the S&P 500 and Nasdaq were down over 1% each as investors grew worried about the prospects of a global recession. Widespread protests against strict COVID-19 restrictions in several Chinese cities exacerbated concerns about the health of the world's second-largest economy while sending shockwaves through global equities markets. On the corporate side, Apple tumbled roughly 2% after a media report said the company would face an approximately 6 million iPhone Pro production shortfall due to unrest at Foxconn's Zhengzhou plant. US-listed Chinese companies, such as e-commerce giants Alibaba Group and JD.com, also came under pressure. Investors now look ahead to a slew of US economic releases this week, including the November non-farm payroll report on Friday, for clues about the economy and the Federal Reserve rate path.2022-11-28T14:32:00"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open Lower  United States Stock MarketStock futures contracts tied to the three major indices were down roughly 1% on Monday, putting Wall Street on track to start the week on a sour note as investors fret about the prospects of a global recession. Widespread protests against strict COVID-19 restrictions in several Chinese cities exacerbated concerns about the health of the world's second-largest economy while sending shockwaves through global equities markets. On the corporate side, Apple tumbled roughly 2% in premarket trading after a media report said the company would face an approximately 6 million iPhone Pro production shortfall due to unrest at Foxconn's Zhengzhou plant. Investors now look ahead to a slew of US economic releases this week, including the November non-farm payroll report on Friday, for clues about the economy and the Federal Reserve rate path. In last holiday-shortened trading week, the Dow jumped 1.78%, the S&P 500 rose 1.53%, and the Nasdaq Composite gained 0.72%2022-11-28T12:31:00"
Pinduoduo Inc earnings above expectations at 8.62 USD,Earnings,"Pinduoduo Inc earnings above expectations at 8.62 USDUnited States EarningsPinduoduo Inc (PDD) released earnings per share at 8.62 USD, compared to market expectations of 4.79 USD.2022-11-28T12:15:54.707"
Dollar Hovers Near 3-Month Low,Currency,"Dollar Hovers Near 3-Month LowUnited States CurrencyThe dollar weakened against a basket of major currencies on Monday, bottoming below the 106 mark and closing in on its lowest level since mid-August, as investors reassessed the outlook for monetary policy and growth. A substantial majority of Fed policymakers have been hinting that soon will be appropriate to slow the pace of interest rate hikes for the central bank to assess the economic landscape. Earlier this month, the Fed delivered its fourth straight 75 basis point rate increase and pushed borrowing costs to the highest since 2008 to tame stubbornly high inflation. Money markets are now pricing in a 70% chance that the central bank would deliver a smaller 50-bps rate hike in December. At the same time, growing unrest in China over its strict COVID-19 restrictions added to worries about sluggish economic growth while denting risk appetite. The most pronounced selling activity was against the euro amid expectations of a narrow interest rate gap between the ECB and the Fed.2022-11-28T09:54:00"
Dollar Edges Higher on Haven Demand,Currency,"Dollar Edges Higher on Haven DemandUnited States CurrencyThe dollar index edged above 106 on Monday, rising further from recent lows as a growing unrest in China over its strict Covid restrictions dented risk sentiment and spurred haven demand for the currency. Investors also continued to assess the outlook for growth and monetary policy after the latest Federal Reserve meeting minutes showed that a substantial majority of policymakers agreed it would soon be appropriate to slow the pace of interest rate hikes, while flagging increased recessionary risks. Earlier this month, the Fed delivered its fourth straight 75 basis point rate increase and pushed borrowing costs to the highest since 2008 to tame stubbornly high inflation, and markets are now betting that it would moderate the size of its rate hike in December to 50 basis points. Investors also look ahead to a slew of US economic releases this week such as the labor report, personal consumption data and ISM manufacturing figures, among others.2022-11-28T04:10:38.497"
US Futures Slip on Weak Global Sentiment,Stock Market,"US Futures Slip on Weak Global SentimentUnited States Stock MarketUS stock futures fell on Monday, weighed down by weak global sentiment following news of growing unrest in China over Covid restrictions, while subdued Black Friday shopping in the US added to the bearish mood. Futures contracts tied to the three major indexes were all trading in negative territory. In last week’s holiday-shortened trading, the major averages finished higher as the Federal Reserve signaled that it would likely slow the pace of interest rate hikes, with the Dow jumping 1.78%, the S&P 500 rising 1.53% and the Nasdaq Composite gaining 0.72%. Investors now look ahead to a slew of US economic releases this week such as the labor report, personal consumption data and ISM manufacturing figures, among others. Investors also await more earnings reports from major firms including Salesforce, Intuit, Dollar General, Workday and CrowdStrike.2022-11-28T00:38:00"
Dollar Bounces Off Three-Month Low,Currency,"Dollar Bounces Off Three-Month Low United States CurrencyThe dollar index regained some ground above the 106 mark on Friday, recovering from an over three-month low of around 105.6 in the prior session, as investors assessed the outlook for growth and monetary policy. The latest Fed meeting minutes showed that a substantial majority of policymakers agreed it would soon be appropriate to slow the pace of interest rate hikes while pointing to increased recessionary risks. Earlier this month, the Fed delivered its fourth straight 75 basis point rate increase to tame stubbornly high inflation, pushing borrowing costs to the highest since 2008. The DXY is on track to end the Thanksgiven week, in which trading volumes were substantially thin, down almost 1%. 2022-11-25T12:55:34.993"
10-Year Treasury Yield Consolidates Around 3.7%,Government Bond 10Y,"10-Year Treasury Yield Consolidates Around 3.7%United States Government Bond 10YThe yield on the US 10-year Treasury note, seen as a proxy for global borrowing costs, consolidated around 3.7%, a level not seen since October 4th, as the narrative started to change from inflation and tightening to recession and the likelihood of a policy pivot. Minutes from the last Federal Reserve meeting showed officials see the case for a slower pace of interest rate rises. The November meeting minutes also showed that policymakers were growing concerned about the economy's health, with officials noting that a recession is now almost as likely as their baseline projection of weak growth. This outlook for monetary policy is decoupling from the one seen for Europe, in which the ECB reassured markets that its tightening cycle is far over despite the continent heading for a recession in the last quarter of 2022. Germany's 10-year Bund yield, the European benchmark, rebounded from a two-month low to around 1.9%. 2022-11-25T09:13:00"
Dollar Heads for Weekly Fall,Currency,"Dollar Heads for Weekly FallUnited States CurrencyThe dollar index held below 106 on Friday and was on track to end the week lower, weighed down by expectations that the Federal Reserve would tighten less aggressively in the upcoming meetings. The latest Fed meeting minutes showed that a substantial majority of policymakers agreed it would likely soon be appropriate to slow the pace of interest rate hikes. Earlier this month, the Fed delivered its fourth straight 75 basis point rate increase in an effort to tame stubbornly high inflation, pushing borrowing costs to the highest levels since 2008. The central bank now wants to assess the impact of its historic tightening campaign on the economy, with recent softness in US economic data supporting the case for more moderate moves. The dollar is set for a weekly loss against other major currencies, but remains up week-to-date against the Chinese yuan amid a worsening Covid outbreak in China.2022-11-25T04:11:00"
US 10Y Bond Yield Hits 7-week Low,Government Bond 10Y,"US 10Y Bond Yield Hits 7-week LowUnited States Government Bond 10YUS 10 Year Government Bond Yield decreased to a 7-week low of 3.6595%, after meeting minutes released the Federal Reserve's meeting showed a potential slowdown in interest rate hikes. The Fed had raised its policy rates by 75 bps for the fourth straight time in November. But slowing U.S. inflation had eased fears of more aggressive rate hikes going ahead and commentary from the U.S. central bank supported that sentiment. The US's annual inflation rate slowed for a 4th month to 7.7% in October, the lowest since January.
The US bond market were closed on Thursday for the Thanksgiving holiday. 2022-11-25T00:05:00"
Dollar Extends Fall After Fed Minutes,Currency,"Dollar Extends Fall After Fed MinutesUnited States CurrencyThe dollar index weakened below 106 on Thursday, sliding for the third straight session toward its lowest levels since mid-August after the latest Federal Reserve meeting minutes showed that a substantial majority of policymakers agreed it would likely soon be appropriate to slow the pace of interest rate hikes. Earlier this month, the Fed delivered its fourth straight 75 basis point rate increase to 3.75%-4% in an effort to tame stubbornly high inflation, pushing borrowing costs to the highest levels since 2008. The central bank now wants to assess the impact of its historic tightening campaign on the economy, with recent softness in US economic data supporting the case for more moderate moves. The dollar slipped across the board, with the most pronounced selling against the euro and the yen.2022-11-24T03:53:00"
US Stocks Push Higher After Fed Minutes,Stock Market,"US Stocks Push Higher After Fed MinutesUnited States Stock MarketThe Dow closed more than 100 points up on Wednesday, and the S&P 500 and the Nasdaq were up 0.6% and 1%, respectively, after FOMC minutes showed officials see the case for a slower pace of interest rate rises. The minutes also showed that policymakers were growing concerned about the economy's health but hinted at a higher terminal rate. Meanwhile, since that meeting, markets have parsed a slew of economic data that somehow reinforced the view of a 50-bps hike in December. Business activity contracted for a 5th straight month, with a measure for manufacturing dipping below the 50 mark for the first time since 2020. At the same time, weekly claims rose more than expected to a 3-month high last week. On the corporate side, Deere & Co jumped 5% after the farm equipment company reported a higher-than-expected quarterly profit. Conversely, Nordstrom dropped over 3% after the fashion retailer offered weak guidance. The US stock market will be closed Thursday for the Thanksgiving holiday.2022-11-23T21:31:00"
US 10-Year Treasury Yield Down to 1-Week Low,Government Bond 10Y,"US 10-Year Treasury Yield Down to 1-Week LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note dropped toward 3.7%, the lowest in a week after the latest Fed meeting minutes signalled smaller rate hikes ahead by the Fed. Money markets bet the US central bank will lift the fed funds rate by 50 bps in December, after four consecutive 75 bps increases. Minutes released from the Federal Reserve's November meeting showed a substantial majority of policymakers agreed it would ""likely soon be appropriate"" to slow the pace of interest rate hikes. At the same time, the terminal rate is now seen at 5.03% in June. The US bond market will be closed Thursday for the Thanksgiving holiday.2022-11-23T19:18:00"
DXY Falls to Over 3-Month High,Currency,"DXY Falls to Over 3-Month HighUnited States CurrencyThe dollar index fell more than 1% toward 106, the lowest since mid-August, as traders raised bets that the Fed would only hike the rates by 50 bps in December. The latest Federal Reserve meeting minutes showed that a substantial majority of policymakers agreed it would likely soon be appropriate to slow the pace of interest rate hikes. During the last policy meeting, the Fed raised the rates by 75 bps to 3.75%-4%, the sixth consecutive rate hike and the fourth straight three-quarter point increase, pushing borrowing costs to a new high since 2008. But now it appears that the central bank needs more time to judge the impacts of the hikes.
2022-11-23T19:07:00"
US Stocks Rise After Fed Minutes,Stock Market,"US Stocks Rise After Fed MinutesUnited States Stock MarketThe Dow added more than 100 points on Wednesday, and the S&P 500 and the Nasdaq were up 0.6% and 1%, respectively, after minutes from the last Federal Reserve meeting showed officials see the case for a slower pace of interest rate rises. The November meeting minutes also showed that policymakers were growing concerned about the economy's health but hinted at a higher terminal rate. Meanwhile, since that meeting, markets have parsed a slew of economic data that somehow reinforced the view of a 50-bps hike in December. US business activity contracted for a fifth straight month in November, with a measure for manufacturing dipping below the 50 mark for the first time since 2020. At the same time, weekly claims rose more than expected to a three-month high last week. On the corporate side, Deere & Co jumped 5% after the farm equipment company reported a higher-than-expected quarterly profit. Conversely, Nordstrom dropped over 3% after the fashion retailer offered weak guidance.2022-11-23T19:02:00"
US Stocks Waver Ahead Minutes From Fed,Stock Market,"US Stocks Waver Ahead Minutes From FedUnited States Stock MarketUS stocks wavered in afternoon trading Wednesday, as investors steered clear of big bets before the release of minutes of the Federal Reserve's policy meeting that may provide insight into its tightening plan. The Dow Jones and the S&P 500 swung between small gains and losses, while the Nasdaq added 0.5% supported by growth stocks. On the corporate side, Deere & Co jumped almost 6% after the world's largest farm equipment company reported a higher-than-expected quarterly profit. Conversely, Nordstrom dropped over 5% after the fashion retailer offered weak guidance. On the macro front, US business activity contracted for a fifth straight month in November, with a measure for manufacturing dipping below the 50 mark for the first time since 2020. At the same time, a different report showed that weekly claims rose more than expected to a three-month high last week. 2022-11-23T17:35:00"
US Crude Stocks Drops More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Drops More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 3.691 million barrels in the week ended November 18th, compared with market expectations of a smaller 1.055-million-barrel decrease, the latest US Energy Information Administration report showed. Crude stocks at Cushing, Oklahoma, went down by 0.887 million barrels, following a 1.624 million draw. In the meantime, gasoline stocks rose by 3.058 million, more than market expectations of a 0.383 million build, and distillate stockpiles, including diesel and heating oil, went up by 1.718 million, versus forecasts for a 0.55 million drop.  2022-11-23T15:33:03.917"
Wall Street Finds Some Traction,Stock Market,"Wall Street Finds Some Traction United States Stock MarketUS stocks managed to rebound from a sour opening on Wednesday, with the blue-chip Dow adding 100 points and the S&P 500 and Nasdaq up 0.5% and 1%, respectively, as weaker-than-expected economic data reinforced bets that the Federal Reserve will soon slow its aggressive tightening campaign. US business activity contracted for a fifth straight month in November, with a measure for manufacturing dipping below the 50 mark for the first time since 2020. At the same time, a different report showed that weekly claims rose more than expected to a three-month high last week. Still, all eyes are on the Fed minutes of the November meeting to be released later today, which may provide insight into its tightening plan. On the corporate side, Deere & Co jumped 5% after the world's largest farm equipment company reported a higher-than-expected quarterly profit. Conversely, Nordstrom dropped over 8% after the fashion retailer offered weak guidance.2022-11-23T15:25:00"
US Consumer Sentiment Revised Higher,Consumer Confidence,"US Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised higher to 56.8 in November of 2022 from a preliminary of 54.7 and higher than market expectations of 55. The current conditions subindex was revised higher to 58.8 from 57.8 and the gauge for expectations was revised higher to 55.6 from 52.7. Meanwhile, inflation expectations for the year ahead eased to 4.9% from 5.1% in the preliminary estimate of 5.1% while the 5-year outlook was unchanged at 3%. ""Along with the ongoing impact of inflation, consumer attitudes have also been weighed down by rising borrowing costs, declining asset values, and weakening labor market expectations.""
2022-11-23T15:07:00"
US Service Sector Contracts at Faster Rate in November,Services PMI,"US Service Sector Contracts at Faster Rate in NovemberUnited States Services PMIThe S&P Global US Services PMI fell to 46.1 in November 2022, down from 47.8 in October and missing market expectations of 47.9, a preliminary estimate showed. The reading pointed to the second-fastest rate of contraction in the service sector, excluding the initial pandemic phase in the first half of 2020, as high inflation and rising interest rates hit demand. New business dropped the most since May 2020 and employment rose only marginally, while backlogs of work and capacity pressure were down. On the price front, input cost inflation was the softest in almost two years and output price inflation was the lowest since October 2020. Nonetheless, firms remained upbeat in their expectations for activity over the next year, amid hopes of further easing in price pressures and investment in service lines.2022-11-23T15:00:38.54"
US Private Sector Business Activity Shrinks Further,Composite PMI,"US Private Sector Business Activity Shrinks FurtherUnited States Composite PMIThe S&P Global US Composite PMI dropped to 46.3 in November 2022 from 48.2 in the previous month, signaling the sharpest pace of contraction in the private sector since August and among the quickest since 2009, a preliminary estimate showed. New orders fell the most since the initial pandemic wave in May 2020 as the impact of high inflation and rising borrowing costs weighed on demand, while the pace of job creation was only marginal. On the price front, input cost inflation softened for the sixth month running to the lowest since December 2020, but remained high overall, and selling price inflation eased to an over two-year low. Nonetheless, business expectations improved in November, amid improvements in supply chain stability and hopes of greater client demand following new product launches.2022-11-23T14:54:00"
Wall Street Lacks Direction Ahead of Fed Minutes,Stock Market,"Wall Street Lacks Direction Ahead of Fed Minutes United States Stock MarketAll three major US stock indexes opened Wednesday's session virtually flat as investors remained reluctant to open new positions ahead of the release of minutes of the Federal Reserve's policy meeting that may provide insight into its tightening plan. Recent remarks from Fed officials, including Cleveland President Loretta Mester and his Kansas counterpart Esther George, have offered mixed hints about the central bank's rate path but have reiterated that a pause is still premature. Money markets are pricing a 75% chance of a 50-bps hike in December. On the corporate side, Deere & Co jumped 5% after the world's largest farm equipment company reported a higher-than-expected quarterly profit. Conversely, Nordstrom dropped over 8% after the fashion retailer offered weak guidance. Meanwhile, weekly claims rose more than expected to a three-month high last week, while durable goods orders beat estimates in October.2022-11-23T14:39:00"
US Continuing Jobless Claims Rises for 6th Week,Continuing Jobless Claims,"US Continuing Jobless Claims Rises for 6th WeekUnited States Continuing Jobless ClaimsThe number of Americans filing continuing claims for unemployment benefits rose for the sixth straight week to 1.551 million on the week ending November 12th, well above market forecasts of 1.517 million. It was the largest amount of continued unemployment benefits recorded since the first week of March. The result signals that unemployed Americans are out of work for longer periods, in line with the slowdown of the economy brought by aggressive interest rate hikes by the Federal Reserve.2022-11-23T13:53:37.563"
DXY Falls for 2nd Session,Currency,"DXY Falls for 2nd SessionUnited States CurrencyThe dollar index fell below 107 on Wednesday, extending losses for a second session as investors awaited the latest Federal Reserve meeting minutes that could offer clues on the central bank’s future tightening plans. Traders have been parsing through remarks from Fed officials who have largely maintained a strong commitment to bringing down inflation but voiced support for a slower pace of interest rate hikes if warranted. In the latest commentary, San Francisco Fed President Mary Daly warned against overtightening, while Cleveland Fed President Loretta Mester said she wants to see inflation come down sustainably before supporting a pause. On the macro front, fresh figures showed weekly claims rose more than expected to a 3-month high last week while durable goods orders beat estimates in October. 2022-11-23T13:40:07.16"
US Building Permits Fall More Than Previously Thought,Building Permits,"US Building Permits Fall More Than Previously ThoughtUnited States Building PermitsBuilding permits in the United States dropped 3.3 percent from a month earlier to a seasonally adjusted annual rate of 1.512 million in October 2022, below a preliminary estimate of 1.526 million, revised data showed. Permits, a proxy for future construction, hit the lowest level since June 2020 as soaring prices and rising mortgage rates weighed on demand and activity. Single-family authorizations declined 3.3 percent to a rate of 841 thousand, while the volatile multi-segment also dropped 3.3 percent to 671 thousand. Permits were down in the West (-12.9 percent to 330 thousand) and Northeast (-13.2 percent to 112 thousand), but were up in the South (1.5 percent to 860 thousand) and Midwest (0.5 percent to 210 thousand).2022-11-23T13:35:33.76"
Mortgage Rates Fall for 2nd Week: MBA,Mortgage Rate,"Mortgage Rates Fall for 2nd Week: MBAUnited States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) in the US fell by 23bps to 6.67% in the week ended November 18th, following a 24bps drop in the previous week which was the biggest decline since the last week of July, data from the Mortgage Bankers Association (MBA) showed. It is the first time in four months that borrowing costs fall for two consecutive weeks and now stand at their lowest level in eight weeks, tracking a retreat in bond yields. Still, mortgage rates remain close to levels not seen since 2001, and more than double the 3% reported a year earlier.2022-11-23T12:19:00"
Deere & Company earnings above expectations at 7.44 USD,Earnings,"Deere & Company earnings above expectations at 7.44 USDUnited States EarningsDeere & Company (DE) released earnings per share at 7.44 USD, compared to market expectations of 7.12 USD.2022-11-23T12:15:27.277"
Mortgage Applications Rise For 2nd Week,Mortgage Applications,"Mortgage Applications Rise For 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the US rose 2.2% in the week ending November 18th, following a 2.7% increase in the previous period, data from the Mortgage Bankers Association (MBA) showed. It is the first time in three months that mortgage applications increase for two consecutive weeks, amid a further retreat in borrowing costs. The purchase index went up 2.8% and applications to refinance a home loan increased 1.8%. Meanwhile, the 30-year mortgage rate went down by 23bps to 6.67%, the lowest in eight weeks. “The decrease in mortgage rates should improve the purchasing power of prospective homebuyers, who have been largely sidelined as mortgage rates have more than doubled in the past year,” said Joel Kan, an MBA economist. Compared to the previous year however, refinance applications are still 86% lower while mortgage applications to purchase a home were 41% down. 2022-11-23T12:06:00"
Dollar Steadies Ahead of Fed Minutes,Currency,"Dollar Steadies Ahead of Fed MinutesUnited States CurrencyThe dollar index steadied around 107 on Wednesday, holding a recent decline as investors cautiously awaited the latest Federal Reserve meeting minutes that could offer clues on the central bank’s future tightening plans. Traders have been parsing through remarks from Fed officials who have largely maintained a strong commitment to bring down inflation, but voiced support for a slower pace of interest rate hikes if warranted. In the latest commentary, San Francisco Fed President Mary Daly warned against overtightening, while Cleveland Fed President Loretta Mester said she wants to see inflation come down sustainably before supporting a pause. Investors also look ahead to a slew of US economic reports including jobless claims, durable goods and new home sales data.2022-11-23T03:44:37.57"
US Futures Flat Ahead of Fed Minutes,Stock Market,"US Futures Flat Ahead of Fed MinutesUnited States Stock MarketUS stock futures were little changed on Wednesday as investors braced for the latest Federal Reserve meeting minutes that could guide the US rates outlook. Futures contracts tied to the three major indexes were all trading near breakeven. In extended trading, Nordstrom and Autodesk plunged 8% and 9%, respectively, after issuing weak forward guidance, while HP gained 2% on better-than-expected quarterly results. In regular trading on Tuesday, the Dow rose 1.18%, while the S&P 500 and Nasdaq Composite both jumped 1.36%. Those moves came as upbeat corporate earnings and bets for a less aggressive tightening from the Fed underpinned equities. Investors now look ahead to the Fed meeting minutes for clues on the central bank’s tightening plans, as well as a slew of economic data such as jobless claims, durable goods and new home sales. US markets will be closed on Thursday for the Thanksgiving holiday and will close early on Friday.2022-11-23T00:12:00"
Autodesk earnings meet market expectations at 1.70 USD,Earnings,"Autodesk earnings meet market expectations at 1.70 USDUnited States EarningsAutodesk (ADSK) released earnings per share at 1.70 USD, in line with market expectations.2022-11-22T22:29:38.087"
VMware earnings below expectations at 1.47 USD,Earnings,"VMware earnings below expectations at 1.47 USDUnited States EarningsVMware (VMW) released earnings per share at 1.47 USD, compared to market expectations of 1.59 USD.2022-11-22T22:29:34.68"
API Reports Another Large US Crude Draw,API Crude Oil Stock Change,"API Reports Another Large US Crude DrawUnited States API Crude Oil Stock ChangeCrude oil inventories sagged by another 4.2 million barrels, American Petroleum Institute (API) data showed on Tuesday, after dropping 5.8 million barrels in the week prior. Analysts anticipated a smaller 2.2 million barrel draw. The API reported a draw in gasoline inventories this week of 400,000 barrels for the week ending November 18, after the previous week’s 1.690 million-barrel build. Distillate stocks saw a build this week of 1.1 million barrels, on top of last week’s 850,000-barrel increase. Cushing inventories fell 1.4 million barrels in the week to Nov 18, on top of last week’s reported decrease of 842,000 barrels.2022-11-22T22:24:00"
US Stocks Rise After Quiet Session,Stock Market,"US Stocks Rise After Quiet SessionUnited States Stock MarketThe Dow added nearly 400 points on Tuesday, while the S&P 500 and Nasdaq rose roughly 1.4% each as investors digested a slew of corporate results and Fed speeches. Best Buy jumped over 12% after it hiked its 2023 financial outlook and beat earnings forecasts. Abercrombie & Fitch and American Eagle Outfitters also enjoyed some respite after reporting results that topped Wall Street expectations. Conversely, Zoom Video Communications tumbled almost 4% after the company lowered its yearly revenue forecast, with shares now down about 90% from their pandemic high in October 2020. On the policy side, the Federal Reserve has recently thrown cold water into expectations that it will soon pause its aggressive tightening campaign. San Francisco Fed President Mary Daly and her Cleveland counterpart Loretta Mester were among the latest officials to echo this view, although signaling support for a smaller 50 bps hike in December.2022-11-22T21:07:00"
Stocks in United States Hit 13-week High,Stock Market,Stocks in United States Hit 13-week HighUnited States Stock MarketUS30 increased to a 13-week high of 339882022-11-22T15:30:53.07
US Fifth District Services Index Remains Negative,Richmond Fed Services Index,"US Fifth District Services Index Remains NegativeUnited States Richmond Fed Services IndexThe Fifth District Service Sector Activity revenues index increased to -2 in November of 2022 from -8 in October, but continued to point to soft activity in the services industry. The indexes for capital (7 vs 10), equipment & software (7 vs 9), and services expenditures (3 vs 4) edged down slightly again. Also, a slightly smaller share of firms reported increased hiring in November (5 vs 6), but their ability to find workers with the necessary skills improved modestly (-7 vs -8). Growth in prices paid increased somewhat (10.13 vs 9.24) while growth in prices received decreased slightly (6.56 vs 7.19). Meanwhile, firms were slightly more optimistic about the next six months than they were in October. 2022-11-22T15:22:53.99"
Dollar Tree earnings above expectations at 1.20 USD,Earnings,"Dollar Tree earnings above expectations at 1.20 USDUnited States EarningsDollar Tree (DLTR) released earnings per share at 1.20 USD, compared to market expectations of 1.18 USD.2022-11-22T13:17:31.297"
Analog Devices earnings above expectations at 2.73 USD,Earnings,"Analog Devices earnings above expectations at 2.73 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 2.73 USD, compared to market expectations of 2.58 USD.2022-11-22T12:16:40.347"
Dollar Eases as Fed Outlook Mulled,Currency,"Dollar Eases as Fed Outlook MulledUnited States CurrencyThe dollar index fell to around 107.5 on Tuesday, giving back some gains from the previous session as investors cautiously awaited the latest Federal Reserve meeting minutes that could guide the outlook for US rates. Traders also parsed through various remarks from Fed officials who have largely maintained a strong commitment to bring down inflation. In the latest commentary, San Francisco Fed President Mary Daly warned against overtightening, while Cleveland Fed President Loretta Mester said she wants to see inflation come down sustainably before supporting a pause. On Monday, the dollar index jumped nearly 1% as a worsening Covid situation in China spurred safe-haven demand for the currency. The greenback slipped across the board, with the most pronounced selling versus the kiwi ahead of the Reserve Bank of New Zealand’s policy decision.2022-11-22T03:49:00"
US Futures Flat Amid Market Caution,Stock Market,"US Futures Flat Amid Market CautionUnited States Stock MarketUS stock futures were little changed on Tuesday as investors remain cautious ahead of Federal Reserve meeting minutes that could offer clues on the trajectory of US rate hikes, while monitoring the Covid situation in China. Futures contracts tied to the three major indexes were all trading near breakeven. In extended trading, shares of Dell, Urban Outfitters and Agilent all jumped on better-than-expected quarterly results, while Zoom tumbled 7% after offering a weak outlook for the fourth quarter. In regular trading on Monday, the Dow shed 0.13%, while the S&P 500 and Nasdaq Composite lost 0.39% and 1.09%, respectively. Those moves came as markets digested the latest Fed commentary, with San Francisco Fed President Mary Daly warning against overtightening, while Cleveland Fed President Loretta Mester said she wants to see inflation come down sustainably before supporting a pause. Investors now look ahead to more Fed appearances, economic and earnings reports.2022-11-21T23:59:00"
Agilent earnings above expectations at 1.53 USD,Earnings,"Agilent earnings above expectations at 1.53 USDUnited States EarningsAgilent (A) released earnings per share at 1.53 USD, compared to market expectations of 1.38 USD.2022-11-21T21:26:27.24"
"US Stocks Edge Down Amid Fed Speeches, China Uncertainty",Stock Market,"US Stocks Edge Down Amid Fed Speeches, China UncertaintyUnited States Stock MarketUS stocks closed down Monday as investors were monitoring speeches by Fed officials and concerns emerged about further lockdowns in China. San Francisco Fed President Mary Daly warned that too much tightening could be unnecessarily painful for the economy ahead of the FOMC minutes release on Wednesday. Meanwhile, the first covid deaths in six months were reported in China and Guangzhou's Baiyun district was locked down for 5 days. The Dow Jones closed just shy of the flatline while the S&P 500 lost 0.2% and the Nasdaq 1%, dragged down by losses in Tesla, Amazon, and Apple. On a positive note, Disney shares rose more than 5% after the company announced that Bob Iger will return as CEO.2022-11-21T21:02:00"
"Dow Cuts Gains, S&P and Nasdaq Fall",Stock Market,"Dow Cuts Gains, S&P and Nasdaq FallUnited States Stock MarketThe Dow Jones failed to hold opening gains to trade more than 100 points lower on Monday while both the S&P 500 and the Nasdaq fell deeper into negative territory, down by 0.5% and 1% respectively. Investors were cautious ahead of the FOMC minutes release on Wednesday which could provide further clues on the pace of the Fed's rate hikes. Some Fed officials are also due to speak this week. Meanwhile, concerns of further curbs in China after the country reported covid deaths for the first time in six months during the weekend, also weighed on investors' risk appetite. On a positive note, Disney shares were up nearly 7% after the company announced that Bob Iger will return as CEO. The US bond market will be closed on Thursday for the Thanksgiving holiday and will close early on Friday.2022-11-21T15:12:00"
"Disney Pushes Dow Up, S&P and Nasdaq Subdued",Stock Market,"Disney Pushes Dow Up, S&P and Nasdaq SubduedUnited States Stock MarketThe Dow Jones added nearly 100 points to start a shortened holiday week, pushed by an 8% surge in Disney shares after the company announced that Bob Iger will return as CEO. On the other hand, the S&P 500 traded around the flatline while the Nasdaq lost nearly 0.3%, amid a drop in risk appetite on concerns of further curbs in China after the country reported covid deaths for the first time in six months during the weekend. Meanwhile, traders remain cautious ahead of the FOMC minutes release on Wednesday which could provide further clues on the pace of the Fed's rate hikes. The US bond market will be closed on Thursday for the Thanksgiving holiday and will close early on Friday.2022-11-21T14:34:00"
US 10-Year Bond Yield Little Changed at 3.8%,Government Bond 10Y,"US 10-Year Bond Yield Little Changed at 3.8%United States Government Bond 10YThe yield on the US 10-year Treasury note was around 3.8% in the fourth week of November, well below 4.2% touched early in the month, as traders await the FOMC minutes release on Wednesday for more clues on the Fed's next rate hikes. Fed policymakers have been trying to push against the dovish narrative from markets, with many officials signalling rates would go higher than projected in September. Most investors now bet on a 50bps hike in the fed funds rate to the 4.25%-4.50% range in December, following four consecutive 75bps increases. Still, most see a higher peak rate. The US bond market will be closed on Thursday for the Thanksgiving holiday and will close early on Friday. 2022-11-21T08:18:00"
Dollar Gains on Haven Demand,Currency,"Dollar Gains on Haven DemandUnited States CurrencyThe dollar index rose to above 107 on Monday, approaching its strongest levels in over a week as Covid-related concerns in China prompted investors to dump risk assets and rush for the greenback’s safety. The dollar was also underpinned by hawkish remarks from Federal Reserve officials, with St. Louis Fed President James Bullard suggesting last week that the policy rate could reach the 5% to 7% range in order to bring down inflation, higher than what the market is currently pricing. Investors are betting that the Fed would deliver a more moderate 50 basis point rate hike in December, and a series of 25 basis point increases next year. Markets now look ahead to minutes of the central bank’s November meeting, as well as a slew of US economic reports including consumer sentiment, durable goods and new home sales.2022-11-21T03:23:00"
US Stocks Rally,Stock Market,"US Stocks Rally United States Stock MarketThe Dow added over 100 points on Friday, and the S&P 500 and Nasdaq were up roughly 0.5% each as investors assessed the outlook for economic growth and monetary policy. A slew of upbeat corporate results in different sectors has given investors some respite despite the deteriorating economic outlook. Applied Materials rose more than 2% after the chip tools maker forecasted first-quarter revenue above analysts' expectations. Other tech names, including Nvidia, Meta Platforms, and Amazon.com, also gained. Still, hawkish speeches from several Federal Reserve policymakers kept investors on edge. Among them, St. Louis Fed President James Bullard was the most drastic, warning that tightening conditions have only had a modest effect on inflation. The Dow is virtually flat for the week, while the S&P 500 and Nasdaq have lost about 0.5% each.
2022-11-18T14:34:00"
Wall Street Set to Open Higher,Stock Market,"Wall Street Set to Open HigherUnited States Stock MarketStock futures contracts tied to the three major indices added roughly 1% on Friday, putting Wall Street on track for a higher open as investors assess the outlook for economic growth and monetary policy. A slew of upbeat corporate results in different sectors of the economy has given investors some respite despite the deteriorating outlook for growth. Applied Materials rose more than 4% in premarket trading after the chip tools maker forecasted first-quarter revenue above analysts' expectations. Other tech names, including Nvidia, Meta Platforms, and Amazon.com, also gained. Still, hawkish speeches from several Federal Reserve policymakers, with the central warning that interest rates will continue to rise, kept investors on edge. The Dow is virtually flat for the week, while the S&P 500 and Nasdaq lost about 0.5% each. 2022-11-18T12:38:00"
Dollar Supported by Hawkish Fed View,Currency,"Dollar Supported by Hawkish Fed ViewUnited States CurrencyThe dollar index stabilized around 106.5 on Friday, supported this week by strong US retail sales data and hawkish remarks from Federal Reserve officials who pushed back against expectations of a policy shift. Most notably, St. Louis Fed President James Bullard said that the policy rate is not sufficiently restrictive and suggested that it could reach the 5% to 7% range as authorities try to stamp out inflation,  higher than what the market is currently pricing. Markets are betting that the Fed would deliver a more moderate 50 basis point rate hike in December, and a series of 25 basis point increases next year. Still, the dollar index remains close to three-month lows after facing heavy selling pressure recently due to softening US inflation data, while traders look ahead to November and December inflation readings for confirmation of a trend.2022-11-18T03:56:00"
"US Futures Fluctuate on Strong Earnings, Hawkish Fed",Stock Market,"US Futures Fluctuate on Strong Earnings, Hawkish FedUnited States Stock MarketUS stock futures fluctuated on Friday as investors digested more earnings reports, while weighing hawkish remarks from the Federal Reserve. Futures contracts tied to the three major indexes shifted between small gains and losses. In extended trading, shares of Gap, Ross Stores, Palo Alto Networks, Keysight Technologies and Applied Materials all jumped on better-than-expected quarterly results. In regular trading on Thursday, the Dow shed 0.02%, the S&P 500 lost 0.31% and the tech-heavy Nasdaq Composite dropped 0.35%. Those moves came as investors assessed comments from more than a dozen Fed officials, with St. Louis Fed President James Bullard saying “the policy rate is not yet in a zone that may be considered sufficiently restrictive.” He also suggested that the federal funds rate could reach the 5% to 7% range as authorities fight inflation, higher than what is currently factored in by the market.2022-11-18T00:47:00"
Palo Alto Networks earnings above expectations at 0.83 USD,Earnings,"Palo Alto Networks earnings above expectations at 0.83 USDUnited States EarningsPalo Alto Networks (PANW) released earnings per share at 0.83 USD, compared to market expectations of 0.69 USD.2022-11-17T21:26:08.797"
Applied Materials earnings above expectations at 2.03 USD,Earnings,"Applied Materials earnings above expectations at 2.03 USDUnited States EarningsApplied Materials (AMAT) released earnings per share at 2.03 USD, compared to market expectations of 1.75 USD.2022-11-17T21:26:05.477"
Kansas Fed Manufacturing Index Remains Negative,Kansas Fed Manufacturing Index,"Kansas Fed Manufacturing Index Remains NegativeUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production index was at -10 in November of 2022, the second-lowest figure since May of 2020, solely behind the -22 from the prior month. The slower pace of factory growth in the period was driven by a decline in activity in primary metals, plastics and rubber products, chemicals, furniture, and fabricated metals manufacturing. Most month-over-month indexes decreased, with the current delivery time index reaching its lowest on record. In the meantime, the year-on-year index grew at the slowest pace since March of 2021, pressured by reduced volumes of new orders and backlog of orders. On the other hand, the future composite index edged to 0 from -1 in the prior month, amid a rebound in expectations of production (6 vs -1 in October).2022-11-17T16:16:31.933"
US Stocks Tumble,Stock Market,"US Stocks Tumble United States Stock MarketThe Dow lost 200 points on Thursday, and the S&P 500 and Nasdaq were down 1% each as Federal Reserve officials continued to signal that the aggressive rate hikes are not yet over. St Louis Fed President James Bullard was among the latest policymakers who emphasized that the central bank still has much work to do before reaching its goals, warning that tightening conditions had only a modest effect on inflation. Equities most vulnerable to a recession and higher rates led to the sell-off, including tech. Aside from the Fed, investors also digested a slew of earnings releases. Bath & Body Works skyrocketed over 20% after the retailer beat Wall Street forecasts for revenue. Cisco added almost 4% after topping earnings and revenue estimates. Macy's also beat estimates and raised its full-year earnings guidance. 2022-11-17T14:32:00"
US Continuing Jobless Claims at Over 6-Month High,Continuing Jobless Claims,"US Continuing Jobless Claims at Over 6-Month HighUnited States Continuing Jobless ClaimsThe number of Americans filing continuing claims for unemployment benefits rose for the fifth straight week to 1.507 million on the week ending November 5th, above market forecasts of 1.5 million. It was the largest amount of continued unemployment benefits recorded since March, extending the disconnect between mixed levels of initial unemployment benefits and longer-term job seekers. The result signals that unemployed Americans are out of work for longer periods, in line with the slowdown of the economy brought by aggressive interest rate hikes by the Federal Reserve.2022-11-17T13:59:00"
Factory Activity in Philadelphia Shrinks,Philadelphia Fed Manufacturing Index,"Factory Activity in Philadelphia Shrinks United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US fell to -19.4 in November of 2022 from -8.7 last month, the lowest since May of 2020 and well below market expectations of -6.2. The general activity index declined further, the new orders index remained negative, and the shipments index remained positive but low. The employment index declined but continued to suggest overall hiring, and the price indexes continued to suggest overall increases. Although the survey’s future indexes rose slightly, they continued to suggest that the firms expect overall declines in activity and new orders six months from now.2022-11-17T13:35:00"
US Building Permits Slump to 2-Year Lows,Building Permits,"US Building Permits Slump to 2-Year LowsUnited States Building PermitsBuilding permits in the United States dropped 2.4 percent from a month earlier to a seasonally adjusted annual rate of 1.526 million in October 2022, the lowest since August 2020 and compared with market expectations of 1.512 million. Permits, a proxy for future construction, have been falling amid soaring prices of materials and rising mortgage rates. Single-family authorizations declined 3.6 percent to a rate of 839 thousand, while the volatile multi-segment dropped 1.0 percent to 687 thousand. Permits were down in the West (-12.9 percent to 330 thousand) and Northeast (-7.0 percent to 120 thousand), but were up in the South (2.4 percent to 867 thousand) and unchanged in the Midwest (at 209 thousand).2022-11-17T13:34:00"
US 10-Year Treasury Yield Bounces Sharply,Government Bond 10Y,"US 10-Year Treasury Yield Bounces SharplyUnited States Government Bond 10YThe yield on the US 10-year Treasury note moved towards 3.8%, bouncing sharply from an over one-month low of 3.7% hit in the prior session as uncertainty regarding the Fed's rate path spooked bond investors. St. Louis Fed President James Bullard and San Francisco Fed President Mary Daly were among the latest policymakers to throw some cold water in expectations of a sooner-than-expected pause in the central bank tightening cycle. Mixed signs from the US economy, with retail sales data signaling incredible resilience from US consumers despite macro headwinds, added to uncertainty about the Fed's next move.2022-11-17T13:24:00"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open LowerUnited States Stock MarketUS stock futures tracking the broader market were down roughly 1% on Thursday, with investors fretting about the economy's health while reassessing the outlook for monetary policy. Mixed signs from the US economy, with inflation showing some evidence that it is abating but retail sales numbers indicating an unexpected resilience among US consumers, added to uncertainty about the Fed's next step. While policymakers hinted that soon should be appropriate to slow the pace of interest rate increases, there is yet to be consensus about the terminal level. On the corporate side, Bath & Body Works skyrocketed almost 20% in premarket trading after the retailer beat Wall Street forecasts for revenue. Cisco added over 4% after topping both earnings and revenue estimates.2022-11-17T13:01:00"
Global Bond Yields Ease From Multi-Year Highs,Government Bond 10Y,"Global Bond Yields Ease From Multi-Year Highs United States Government Bond 10YInvestors continued to pile into government debt, pushing yields down from multi-year highs as the narrative started to change from inflation and tightening to recession and the likelihood of a monetary policy pivot. The US 10-year Treasury yield, the benchmark for borrowing costs worldwide, bottomed at 3.7%, a sharp decline from a 15-year peak of 4.2% touched on October 24th. Several Federal Reserve policymakers have hinted that the central bank could soon slow the pace of its rate hikes, a view that softer-than-expected US inflation readings have supported, with money markets now pricing an 85% chance of a 50 bps hike in December. In Europe, most countries will head to a recession in the last quarter of 2022, according to the European Commission's autumn economic forecast, with the outlook deeply clouded by the ongoing energy crisis. Germany's 10-year Bund yield, the European benchmark, eased below 2%, moving away from its October peak of almost 2.5%. 2022-11-17T08:40:00"
Dollar Steadies as Fed Outlook Mulled,Currency,"Dollar Steadies as Fed Outlook MulledUnited States CurrencyThe dollar index steadied above 106 on Thursday, after stronger-than-expected US retail sales data clouded the outlook for inflation and indicated that the economy can withstand more rate hikes. Federal Reserve officials also continued to signal a firm hawkish stance, with San Francisco Fed President Mary Daly emphasizing that a pause is “off the table,” while Kansas City Fed President Esther George said that policymakers must be “careful not to stop too soon” on hiking rates and that achieving a soft landing might be difficult. Markets are betting that the central bank will deliver a 50 basis point rate hike in December and a series of 25 basis point increases early next year to bring the policy rate to around 5%. The dollar stabilized against other major currencies, while it gained sharply against emerging Asia currencies.2022-11-17T03:56:00"
Cisco Systems earnings above expectations at 0.86 USD,Earnings,"Cisco Systems earnings above expectations at 0.86 USDUnited States EarningsCisco Systems (CSCO) released earnings per share at 0.86 USD, compared to market expectations of 0.84 USD.2022-11-16T21:26:59.34"
Nvidia earnings below expectations at 0.58 USD,Earnings,"Nvidia earnings below expectations at 0.58 USDUnited States EarningsNvidia (NVDA) released earnings per share at 0.58 USD, compared to market expectations of 0.71 USD.2022-11-16T21:26:57.937"
Net Purchases of US Treasuries Declines From Previous Month,Foreign Bond Investment,"Net Purchases of US Treasuries Declines From Previous MonthUnited States Foreign Bond InvestmentNet Purchases of US Treasury Bonds and Notes increased by $60.4 billion in September of 2022, down from an increase of $174.2 billion in the previous month. U.S. residents decreased their holdings of long-term foreign securities, with net sales of $24.2 billion. Foreign residents decreased their holdings of U.S. Treasury bills by $9.5 billion. Foreign resident holdings of all dollar-denominated short-term U.S. securities and other custody liabilities decreased by $8.9 billion.2022-11-16T21:26:00"
Net Foreign Capital Flow Totals $30.9 billion,Capital Flows,"Net Foreign Capital Flow Totals $30.9 billionUnited States Capital FlowsThe United States recorded a capital and financial account surplus of $30.9 billion in September of 2022 shrinking from a surplus of $275.6 in August. Of this, net foreign private inflows were $48.5 billion, and net foreign official outflows were $17.7 billion. Foreign residents increased their holdings of long-term U.S. securities in September; net purchases were $93.8 billion.  Net purchases by private foreign investors were $116.6 billion, while net sales by foreign official institutions were $22.8 billion.2022-11-16T21:18:00"
US Crude Stocks Fall More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Fall More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 5.4 million barrels in the week ended November 11th, compared with market expectations of a smaller 0.44-million-barrel decrease, the latest US Energy Information Administration report showed. Crude stocks at Cushing, Oklahoma, went down by 1.624 million barrels, following a 0.923 million draw. In the meantime, gasoline stocks rose by 2.207 million, more than market expectations of a 0.31 million build, and distillate stockpiles, including diesel and heating oil, went up by 1.12 million, versus forecasts for a 0.513 million drop.  2022-11-16T15:39:28.637"
US Homebuilder Confidence at Early-Pandemic Lows: NAHB,Nahb Housing Market Index,"US Homebuilder Confidence at Early-Pandemic Lows: NAHBUnited States Nahb Housing Market IndexThe NAHB housing market index in the US extended losses for an 11th straight month to 33 in November of 2022 from 38 in October and below forecasts of 36. It is the lowest reading since 2012 excluding the immediate onset of the pandemic. Current sales conditions declined to 39 from 45, sales expectations in the next six months went down to 31 from 35, and traffic of prospective buyers fell 5 points to 20. ""Higher interest rates have significantly weakened demand for new homes as buyer traffic is becoming increasingly scarce"", NAHB Chairman Jerry Konter said.
2022-11-16T15:07:00"
US Inventories Growth at Near 1-1/2-Year Low,Business Inventories,"US Inventories Growth at Near 1-1/2-Year LowUnited States Business InventoriesManufacturers’ and trade inventories in the US increased by 0.4 percent from a month earlier in September of 2022, slowing from a 0.9 percent advance the in the prior month and slightly below expectations of a 0.5 percent rise. It was the smallest growth since April of 2021, amid slower increases in stocks of merchant wholesalers (0.6 percent vs 1.4 percent in August) and retailers (0.4 percent vs 1.4 percent). Meanwhile, inventories rebounded slightly for manufacturers (0.2 percent vs -0.1 percent). Year-on-year, business inventories jumped by 17.8 percent in September.2022-11-16T15:06:00"
US Capacity Utilization at 4-Month Low,Capacity Utilization,"US Capacity Utilization at 4-Month LowUnited States Capacity UtilizationCapacity Utilization in the United States decreased to 79.9 percent in October from 80.1 percent in September of 2022. It is the lowest reading since June and below forecasts of 80.4 percent. Capacity utilization for manufacturing was unchanged at 79.5 percent. The operating rate for mining fell 0.5 percentage point to 88.4 percent, while the operating rate for utilities declined 1.2 percentage points to 72.1 percent. 2022-11-16T14:31:49.377"
US Industrial Production Rises 3.3% YoY,Industrial Production,"US Industrial Production Rises 3.3% YoYUnited States Industrial ProductionIndustrial Production in the United States increased 3.3% year-on-year in October of 2022, following a downwardly revised 5% rise in September. It is the smallest annual increase since January. Manufacturing went up 2.4%, utilities 2.5% and mining  6.9%.2022-11-16T14:23:33.333"
US Manufacturing Output Rises Less Than Expected,Manufacturing Production MoM,"US Manufacturing Output Rises Less Than ExpectedUnited States Manufacturing Production MoMManufacturing production in the United States edged up 0.1% from a month earlier in October of 2022, after a 0.2% increase in September and below market expectations of a 0.2% gain. Manufacturing output went up 0.1%, below expectations for a 0.2% increase mostly supported by durable goods (0.5%). Within durables, increases of at least 1.5% were recorded by electrical equipment, appliances, and components; aerospace and miscellaneous transportation equipment; and motor vehicles and parts. At the same time, nondurable manufacturing fell 0.3% as gains for printing and support, plastics and rubber products, and apparel and leather products were offset by losses in petroleum and coal products, textile and product mills, and paper. Meanwhile, capacity utilization for manufacturing was unchanged in October at 79.5 percent, a rate that is 1.3 percentage points above its long-run average. 2022-11-16T14:22:00"
10-Year Treasury Yield Remains at 6-Week Low,Government Bond 10Y,"10-Year Treasury Yield Remains at 6-Week LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note remained below 3.8% in mid-November, the lowest since early October, as investors continued to assess the extent of rate hikes that the Federal Reserve will still deliver in its ongoing tightening cycle. Retail sales expanded at a faster rate than expected in October, suggesting some resilience in household spending despite the slowing economy. Still, money markets point to a broad consensus that the Fed will slow the pace of its rate hikes in its next meeting as both consumer and producer inflation were below expectations for October. Fed Vice Chair Lael Brainard signaled that the central bank could soon ease the tightening rate, saying that policymakers had already done a significant job in taming inflation. Fed Governor Christopher Waller echoed a similar view but emphasized that the central bank is not close to a pause. 2022-11-16T13:41:00"
DXY Remains Under Pressure,Currency,"DXY Remains Under PressureUnited States CurrencyThe dollar weakened further against a basket of major currencies on Wednesday, hovering around just above the 106 mark as investors continued to bet that the Federal Reserve will soon slow its aggressive tightening campaign, with softer-than-expected inflation readings recently reinforcing such a view. Meanwhile, retail sales in October topped forecasts, signaling the economy remains resilient. Several Fed policymakers, including vice Chair Lael Brainard and Governor Christopher Waller, acknowledged that the central bank might slow the rate hikes, saying it has already done a significant job taming inflation. Still, there has yet to be a consensus among the Fed members. Atlanta Federal Reserve President Raphael Bostic warned that he sees little evidence that inflation is easing while signaling that interest rates will have to rise further for the central bank to reach its goals.2022-11-16T13:41:00"
US Import Prices Fall Less than Expected,Import Prices MoM,"US Import Prices Fall Less than ExpectedUnited States Import Prices MoMImport prices in the US decreased by 0.2 percent from a month earlier in October of 2022, following a 1.1 percent decline in the previous month and compared with market expectations of a 0.4 percent drop as the strong dollar helped to reduce prices of imported goods. It was the fourth consecutive monthly decline. Fuel prices were down 1.3 percent while nonfuel edged down 0.1 percent. Compared to the same period last year, US import prices advanced by 4.2 percent, the least since February 2021, after rising 6 percent in September.2022-11-16T13:36:00"
US Export Prices Down for 4th Month,Export Prices MoM,"US Export Prices Down for 4th MonthUnited States Export Prices MoMUS export prices went down 0.3 percent from a month earlier in October of 2022, slightly below market expectations of a 0.4 percent drop and following an upwardly revised 1.5 percent decrease in the previous month. It was the fourth consecutive monthly decrease in export prices with contributions from both agricultural (-1 percent) and non-agricultural (-0.3 percent) outbound sales. On a yearly basis, prices for US exports rose by 6.9 percent, easing from the downwardly revised 9.2 percent jump in the prior month.2022-11-16T13:33:00"
TJX Companies earnings above expectations at 0.86 USD,Earnings,"TJX Companies earnings above expectations at 0.86 USDUnited States EarningsTJX Companies (TJX) released earnings per share at 0.86 USD, compared to market expectations of 0.80 USD.2022-11-16T13:17:34.34"
US Mortgage Applications Rise as Rates Fall,Mortgage Applications,"US Mortgage Applications Rise as Rates FallUnited States Mortgage ApplicationsMortgage applications in the US rose 2.7% in the week ending November 11th, the first increase in eight weeks, amid a retreat in borrowing costs, data from the Mortgage Bankers Association (MBA) showed. The purchase index surged 4.4% but applications to refinance a home loan continued to fall by 1.6%. “Purchase applications increased for all loan types, and the average purchase loan dipped to its smallest amount since January 2021,” said Joel Kan, a Mortgage Bankers Association economist. Meanwhile, the 30-year mortgage rate went down by 24bps to 6.9%, the lowest reading in five weeks. Compared to a year earlier, applications to refinance a home loan were 88% lower while applications to purchase a home went down 46%.
2022-11-16T12:07:00"
Lowe's Companies earnings above expectations at 3.27 USD,Earnings,"Lowe's Companies earnings above expectations at 3.27 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 3.27 USD, compared to market expectations of 3.08 USD.2022-11-16T11:15:24.837"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under PressureUnited States CurrencyThe dollar weakened further against a basket of major currencies on Wednesday, hovering around the 106 mark as investors continued to bet that the Federal Reserve will soon slow its aggressive tightening campaign, with a softer-than-expected PPI reading reinforcing such a view. Several Fed policymakers, including vice Chair Lael Brainard and Governor Christopher Waller, acknowledged that the central bank might slow the rate hikes, saying it has already done a significant job taming inflation. Still, there has yet to be a consensus among the Fed members. Atlanta Federal Reserve President Raphael Bostic warned that he sees little evidence that inflation is easing while signaling that interest rates will have to rise further for the central bank to reach its goals. Meanwhile, fears of a broader European conflict after a missile hit Polish territory and killed two civilians sparked some safe-haven demand and limited the dollar's downside. 2022-11-16T09:30:00"
Dollar Steadies as Geopolitical Tensions Rise,Currency,"Dollar Steadies as Geopolitical Tensions RiseUnited States CurrencyThe dollar index steadied around 106.5 on Wednesday, remaining supported by haven demand amid fears of a wider conflict in Europe after a Russian-made missile hit Polish territory and killed two civilians. However, Polish President Andrzej Duda said his government still doesn’t conclusively know who fired the missile while US President Joe Biden said the rocket was unlikely to have been fired from Russia. Meanwhile, the dollar index briefly plunged to a three-month low of 105.34 on Tuesday after US PPI data came in below expectations, reinforcing the case for a less aggressive tightening from the Federal Reserve. Investors are betting that the central bank would moderate the size of their rate hikes to 50 basis points from December after delivering four straight 75 basis point increases. Still, Fed officials warned that more work is needed to tame inflation.2022-11-16T03:46:43.563"
Large Crude Draw of 5.8 MM Barrels per API,API Crude Oil Stock Change,"Large Crude Draw of 5.8 MM Barrels per APIUnited States API Crude Oil Stock ChangeThe American Petroleum Institute (API) reported a large draw this week for crude oil of 5.835 million barrels—more than undoing last week’s build of 5.6 million barrels. A build in gasoline inventories of 1.690 million barrels occurred this week, compared to the previous week’s 2.553 million-barrel build. Distillate stocks saw a build this week of 850,000 barrels, compared to last week’s 1.773-barrel decrease. Cushing inventories fell 842,000 barrels in the week to Nov 11. In the week prior, the API saw a Cushing decrease of 1.848 million barrels. WTI crude prices jumped on the news.2022-11-15T22:28:00"
US Stocks Surge,Stock Market,"US Stocks Surge United States Stock MarketThe Dow added over 300 points on Tuesday, and the S&P 500 and Nasdaq jumped roughly 1.5% and 2.5%, respectively, as a softer-than-expected reading for inflation reinforced bets that the Federal Reserve will soon slow its aggressive tightening campaign. The producer price index, a gauge of prices for final demand products, rose 0.2% over the previous month in October, while analysts expected a 0.4% gain. The report also showed the PPI coming in softer than expected on a year-on-year basis and in its core reading. Speculation about a possible policy pivot was also encouraged by Fed Vice Chair Lael Brainard, who signaled that the central bank could soon slow the pace of its interest rate increases. The market movement came in tandem with a weaker dollar and softening Treasury yields, with prompted a rally in high-growth and tech stocks. Meanwhile, Walmart jumped more than 8% after the retailer beat Wall Street earnings and revenue forecast and raised full-year guidance.2022-11-15T14:32:00"
US Treasury Yields Retreat Further,Government Bond 10Y,"US Treasury Yields Retreat FurtherUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell below 3.8%, the lowest since early October, as the cooler-than-expected increase in producer prices added to the recent momentum of slowing inflation. The data was consistent with the sharp slowdown in consumer inflation for October, easing expectations on how aggressively the Federal Reserve will tighten policy to fight price growth. Fed Vice Chair Lael Brainard signaled that the central bank could soon slow the pace of its interest rate increases, saying that policymakers had already done a significant job in taming inflation. Fed Governor Christopher Waller echoed a similar view but emphasized that the central bank is not close to a pause. Despite a higher degree of uncertainty regarding the Fed's rate path, the narrative of a possible policy pivot consolidated as money markets price an over 80% chance of a 50 bps hike in December. 2022-11-15T13:54:47.217"
DXY Hits 3-Month Low,Currency,"DXY Hits 3-Month LowUnited States CurrencyThe dollar depreciated more than 1% to 105.6 on Tuesday, the lowest since August 12th after the latest producer inflation data reinforced expectations that the Federal Reserve could soon slow down the pace of its monetary policy tightening. Producer prices went up 0.2% in October, less than forecasts of a 0.4% increase while core producer prices were unchanged. Fed Vice Chair Lael Brainard said recently that the US central bank has already done much work in taming inflation while cementing the case for a 50 bps hike in December. Fed Governor Christopher Waller also acknowledged that the central bank might slow the pace of rate increases in the upcoming meetings but emphasized that officials are not close to a pause. This dollar’s weakness was seen across the board, with some of the most pronounced selling activity against risk-sensitive currencies such as the Australian and New Zealand dollars.2022-11-15T13:46:00"
NY State Business Activity Grows Slightly in November,NY Empire State Manufacturing Index,"NY State Business Activity Grows Slightly in NovemberUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index surged 13.6 points to 4.5 in November 2022, compared with market expectations of -5.0 and pointing to the first month of improvement in the New York State's business activity since July. New orders decreased slightly, while shipments expanded modestly. Delivery times were little changed, and inventories grew significantly. Labor market indicators pointed to a solid increase in employment and a longer average workweek. On the price front, input prices increased at about the same pace as last month, while selling cost rose at faster pace. Looking ahead, firms expect business conditions to worsen over the next six months.2022-11-15T13:33:00"
Walmart earnings above expectations at 1.50 USD,Earnings,"Walmart earnings above expectations at 1.50 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.50 USD, compared to market expectations of 1.32 USD.2022-11-15T12:16:00.39"
Home Depot earnings above expectations at 4.24 USD,Earnings,"Home Depot earnings above expectations at 4.24 USDUnited States EarningsHome Depot (HD) released earnings per share at 4.24 USD, compared to market expectations of 4.12 USD.2022-11-15T11:15:05.92"
Investors Pile into Government Debt,Government Bond 10Y,"Investors Pile into Government Debt United States Government Bond 10YThe yield on the US 10-year Treasury note bottomed around 3.8%, a level not seen since early October, as investors continued to assess the outlook for monetary policy. Federal Reserve Vice Chair Lael Brainard signaled that the central bank could soon slow the pace of its interest rate increases, saying that policymakers had already done a significant job in taming inflation. Fed Governor Christopher Waller echoed a similar view but emphasized that the central bank is not close to a pause. Despite a higher degree of uncertainty regarding the Fed's rate path, this narrative of a possible policy pivot gained form on the heels of a softer-than-expected US inflation report, with money markets now pricing an 80% chance of a 50 bps hike in December. In the meantime, investors continued to monitor results from mid-term elections, with the Democrats set to secure a majority in the Senate and Republicans likely taking control of the House.2022-11-15T11:01:06.717"
Dollar Hits Three-Month Low,Currency,"Dollar Hits Three-Month LowUnited States CurrencyThe dollar weakened sharply against a basket of major currencies on Tuesday, testing the 106 mark for the first time in three months amid prospects that the Federal Reserve could soon slow down the pace of its monetary policy tightening. Fed Vice Chair Lael Brainard was among the latest policymakers to echo this view, saying that the US central bank has already done much work in taming inflation while cementing the case for a 50 bps hike in December. Fed Governor Christopher Waller also acknowledged that the central bank might slow the pace of rate increases in the upcoming meetings but emphasized that officials are not close to a pause. This dollar’s weakness was seen across the board, with some of the most pronounced selling activity against risk-sensitive currencies such as the Australian and New Zealand dollars. 2022-11-15T10:42:23.143"
Dollar Holds Advance on Rate Hike Jitters,Currency,"Dollar Holds Advance on Rate Hike JittersUnited States CurrencyThe dollar index traded near 107 on Tuesday, holding gains from the previous session as Federal Reserve officials signaled that US rates could end higher than previously anticipated and as US inflation expectations picked up for the first time in four months. Fed Governor Christopher Waller acknowledged that the central bank may slow the pace of rate increases in the upcoming meetings, but emphasized that markets should focus on the endpoint for rates which is likely still “a ways off” rather than the pace of each move. Fed Vice Chair Lael Brainard also backed easing off rate increases, but said that the Fed still has “additional work to do” in bringing down inflation. Investors are betting that the central bank would moderate the size of their rate hikes to 50 basis points from December after a series of 75 basis point moves in the past four meetings. Markets are also looking ahead to US PPI data and more remarks from other Fed officials later in the day.2022-11-15T03:57:00"
US Stocks Regain Some Ground,Stock Market,"US Stocks Regain Some GroundUnited States Stock MarketUS stocks regained some ground in afternoon trading on Monday, with the Dow up more than 100 points, the S&P rising 0.3% and the Nasdaq also trading above the flatline as investors cheered comments from Fed Brainard saying it will probably be appropriate soon to move to a slower pace of rate increases. Earlier, markets were under pressure from Fed Waller’s view that investors overreacted to last week's soft inflation data and warned that the US central bank still has work to do before ending interest-rate hikes. Also, US consumer inflation expectations for the year ahead increased to 5.9% in October after three consecutive months of a slowdown. Chinese stocks listed in the US extended gains for the third day after Joe Biden and Xi Jinping met for the first time as top leaders. Attention now turns to quarterly results from big retailers, including Walmart, Home Depot, Target, Lowe's, and Macy's.2022-11-14T18:42:00"
Wall Street Set for Subdued Open,Stock Market,"Wall Street Set for Subdued OpenUnited States Stock MarketStock futures contracts tied to the three major indices were down on Monday, putting Wall Street on track for a subdued open as investors await a slew of earning releases while reassessing the outlook for monetary policy. This week's quarterly results from big retailers, including Walmart, Home Depot, Target, Lowe's, and Macy's, will offer insights into how US consumers deal with macro headwinds from inflation and higher interest rates. On the policy side, Fed governor Christopher Waller said investors overreacted to last week's soft inflation data while warning that the US central bank still has work to do before ending interest-rate hikes. Last week, the S&P 500 rallied 5.9% to post its best week since June, the Nasdaq Composite surged 8.1% for its best week since March, while the Dow gained 4.2%.2022-11-14T13:02:00"
US 10-Year Treasury Yield Edges Higher,Government Bond 10Y,"US 10-Year Treasury Yield Edges Higher United States Government Bond 10YThe yield on the US 10-year Treasury note topped 3.9%, bouncing off a one-month low of 3.8% touched last week as investors reassessed the outlook for monetary policy. Speculation about a dovish pivot increased on the heels of a softer-than-expected US inflation report, with money markets now pricing an 80% chance of a 50 bps hike in December. However, Federal Reserve Governor Christopher Waller has thrown some cold water in such expectations after warning that policymakers still have work to do before ending interest-rate hikes. In the meantime, investors continued to monitor results from mid-term elections, with the Democrats set to secure a majority in the Senate and Republicans likely taking control of the House. 2022-11-14T08:30:46.327"
Stocks in United States Hit 7-week High,Stock Market,Stocks in United States Hit 7-week HighUnited States Stock MarketUSNDX increased to a 7-week high of 116822022-11-11T15:14:20.987
Dollar Hovers Near Three-Month Low,Currency,"Dollar Hovers Near Three-Month Low United States CurrencyThe dollar index depreciated below 107, a level not seen since mid-August, as softer-than-expected US data set the stage for a slower pace of interest rate hikes by the Federal Reserve. A Bureau of Labor Statistics report showed that the annual inflation rate eased to 7.7%, below economists’ forecasts of 8%. The report also showed the CPI coming in cooler than expected on a month-on-month basis and in its core reading. Money markets are currently priced for a more moderate 50 basis point Fed rate hike in December after it delivered four consecutive 75 basis point increases. Given the above, the DXY is now down more than 3% this week, on track for its worst week since March 2020. 2022-11-11T08:27:00"
Dollar Set to End Week Sharply Lower,Currency,"Dollar Set to End Week Sharply LowerUnited States CurrencyThe dollar index edged above 108 on Friday but was still on track to end the week more than 2% lower as a cooler-than-expected US CPI report raised hopes for peak inflation and a slower pace of interest rates hikes from the Federal Reserve. The annual inflation rate in the US eased for a fourth straight month to 7.7% in October, rising at the slowest pace since January and coming in below expectations for a milder drop to 8%. Treasury yields also declined sharply as investors revised expectations for the terminal rate lower, with the benchmark 10-year US yield dropping toward 3.8% for the first time in over a month. Money markets are currently priced for a more moderate 50 basis point Fed rate hike in December after it delivered four consecutive 75 basis point increases. The dollar held its decline against other major currencies such as the euro, sterling and antipodean currencies, while it continued to slide against most Asian currencies.2022-11-11T03:25:00"
US Futures Edge Higher After Post-CPI Rally,Stock Market,"US Futures Edge Higher After Post-CPI RallyUnited States Stock MarketUS stock futures edged higher on Friday after the major averages posted their biggest one-day rallies in over two years, as softer-than-expected inflation data raised hopes that the Federal Reserve would slow the pace of interest rate hikes in upcoming meetings. Futures contracts tied to the three major indexes were all up at least 0.1%. In regular trading on Thursday, the Dow gained 3.7%, the S&P 500 jumped 5.54% and the Nasdaq Composite soared 7.35%, with all three benchmarks on track for a winning week. Those moves came as data showed that annual inflation eased to 7.7% in October, slowing for the fourth straight month and coming in below expectations of 8%. Core readings also surprised to the downside, leading markets to bet on a lower terminal rate that pressured the dollar and Treasury yields, while pushing technology and other growth stocks higher.2022-11-11T00:47:00"
Wall Street Holds Rally After CPI Report,Stock Market,"Wall Street Holds Rally After CPI ReportUnited States Stock MarketMajor US stock indices moved sharply higher on Thursday after the cooler-than-expected inflation print raised hopes that the Federal Reserve could slow the pace of rate hikes in the upcoming meetings. The Dow soared over 1000 points and the S&P 500 added 4.6%, with more than 90% of stocks trading in the green. In the meantime, the Nasdaq 100 surged 6.2%, the most since April 2020. The data showed that annual inflation eased to 7.7% in October, slowing for the fourth consecutive month and below analysts' expectations of 8%. Core readings also surprised to the downside, placing downward pressure on the dollar and Treasury yields and moving money markets to price the Fed’s terminal rate below 5%. Consequently, policy-sensitive technology and growth stocks led the gains with Amazon, Meta, Nvidia, and Alphabet surging between 7-11%.2022-11-10T18:55:00"
US 10Y Bond Yield Hits 4-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 4-week LowUnited States Government Bond 10YUS 10 Year Government Bond Yield decreased to a 4-week low of 3.8237%2022-11-10T15:42:12.443
US Continued Unemployment Claims Rise for 4th Week,Continuing Jobless Claims,"US Continued Unemployment Claims Rise for 4th WeekUnited States Continuing Jobless ClaimsThe number of Americans filing continuing claims for unemployment benefits rose by 5 thousand to 1.493 million on the week ending October 29th, increasing for the fourth consecutive week and well above forecasts of 1.475 million. It was the largest amount of continuing claims since March, in line with the slowdown of the economy brought by aggressive interest rate hikes by the Federal Reserve.2022-11-10T15:38:58.707"
Stocks in United States Hit 8-week High,Stock Market,Stocks in United States Hit 8-week HighUnited States Stock MarketUS500 increased to a 8-week high of 39132022-11-10T15:14:45.72
Wall Street Poised For Best Day Since 2020,Stock Market,"Wall Street Poised For Best Day Since 2020United States Stock MarketThe Dow jumped more than 900 points on Thursday, and the S&P 500 and Nasdaq surged 4.5% and 6%, respectively, after US inflation slowed more than expected in October, raising hopes that the Federal Reserve will become less aggressive on interest rate hikes. The blue-chip Dow is now poised for its best daily performance since June 2020, while the other two indexes were on track for their best day since April 2020. A Bureau of Labor Statistics report showed that the annual inflation rate eased to 7.7%, below economists’ forecasts of 8%, reinforcing the case for a modest 50 bps hike in December. The report also showed the CPI coming in softer than expected on a month-on-month basis, as well as in its core reading. The market movement came along with a softening dollar and Treasury yields, which brought some respite to beaten-down technology and other high-growth stocks. Microsoft, Tesla, Alphabet, Facebook, Apple, and Amazon, were up between 6% and 10%. 
2022-11-10T14:37:00"
Dollar Index Hits 8-week Low,currency,Dollar Index Hits 8-week LowUnited States currencyDXY decreased to a 8-week low of 108.632022-11-10T14:11:37.853
US Monthly Inflation Rate Steady at 0.4%,Inflation Rate MoM,"US Monthly Inflation Rate Steady at 0.4%United States Inflation Rate MoMThe Consumer Price Index in the United States increased 0.4% month-over-month in October of 2022, the same as in September and below forecasts of 0.6%. The index for shelter contributed over half of the monthly all items increase (up by 0.8%). The energy index increased 1.8%, as gasoline rose 4%, following three consecutive declines and electricity (0.1%), while natural gas cost decreased 4.6%. Meanwhile, food prices rose 0.6%, below 0.8% in September, with cost of food at home rising 0.4%, the least since December. Other price increases were also seen for motor vehicle insurance (1.7%); recreation (0.7%); new vehicles (0.4%); personal care (0.5%). In contrast, medical care services (-0.6%) and commodities (0%) pushed the CPI down due to a fall in retained earnings by insurance companies this year due to high rates of health care utilization in 2021 and robust profit margins from 2020.2022-11-10T13:47:00"
US Energy Inflation at Over 1-1/2-Year Low,Energy Inflation,"US Energy Inflation at Over 1-1/2-Year LowUnited States Energy InflationCost of energy in the US increased at a slower 17.6% year-on-year in October of 2022, easing from a 19.8% rise in the previous month. It was the lowest reading since March of 2021, amid a further slowdown in prices of gasoline (17.5% from 18.2% in September), electricity (14.1% vs 15.5%) and natural gas (20% vs 33.1%). Meanwhile, costs continued to soar for fuel oil (68.5% vs 58.1%).2022-11-10T13:47:00"
US Food Inflation Slows for 2nd Month,Food Inflation,"US Food Inflation Slows for 2nd MonthUnited States Food InflationCost of food in the United States increased at a slower 10.9% over a year ago in October of 2022, easing further from an 11.2% rise in the previous month. Prices slowed down for food at home (12.4% vs 13% in September), including cereals and bakery products (15.9% vs 16.2%); dairy and related products (15.5% vs 15.9%) and meats, poultry, fish, and eggs (8% vs 9.8%) and fruits & vegetables (9.3% vs 10.4%). Meanwhile, food away from home was more expensive (8.6% vs 8.5%).2022-11-10T13:38:00"
US 10-Year Treasury Yield Retreats After CPI,Government Bond 10Y,"US 10-Year Treasury Yield Retreats After CPIUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell sharply to 3.8%, the lowest in one month, after fresh CPI data came cooler than expected. Consumer prices rose by 7.7% in October, slowing from the 8.2% in the prior month and below expectations of 8%. Core inflation also surprised to the downside at 6.3%, easing pressure on the Federal Reserve to hike rates for an extended period as signaled in its November meeting. Fed fund futures show that markets expect a 50bps rate hike by the Fed in December after four consecutive 75bps increases, while expectations for the terminal rate eased to 5%. In the meantime, investors continued to monitor results from mid-term elections, pointing to a split Senate and an advantage for the Republican party in the House of Representatives. Bond markets in the US will be closed Friday in observance of the national holiday.2022-11-10T13:35:00"
US Stock Futures Waver Ahead of CPI Report,Stock Market,"US Stock Futures Waver Ahead of CPI Report United States Stock MarketStock futures contracts tied to the three major indices were mostly flat with some positive bias on Thursday as investors look ahead to the October inflation report while keeping an eye on midterm election results. With last week's employment report showing still-solid payroll gains, today's inflation numbers will likely be a key driver for expectations of how far the Federal Reserve will raise interest rates. Markets are currently pricing a 50 basis point rate hike in December, but a hotter-than-anticipated inflation report could fuel bets for another supersized 75 basis point increase. Meanwhile, US voters delivered a mixed verdict in midterm elections, challenging expectations for a Republican sweep and a Congress gridlock. On the corporate side, Rivian Automotive jumped almost 9% in premarket trading after the electric-vehicle maker reaffirmed its full-year production outlook. 2022-11-10T12:42:00"
"Becton, Dickinson and Co. earnings meet market expectations at 2.75 USD",Earnings,"Becton, Dickinson and Co. earnings meet market expectations at 2.75 USDUnited States EarningsBecton, Dickinson and Co. (BDX) released earnings per share at 2.75 USD, in line with market expectations.2022-11-10T12:24:45.007"
DXY Extends Upward Momentum Towards 111,Currency,"DXY Extends Upward Momentum Towards 111 United States CurrencyThe dollar index strengthened further toward the 111 mark as investors adjusted their portfolios ahead of a highly anticipated October US inflation report. Money markets are currently pricing a 50 basis point rate hike in December, but a hotter-than-anticipated inflation report could fuel bets for another supersized 75 basis point increase. Meanwhile, US voters delivered a mixed verdict in midterm elections. The odds are still favoring Republicans to win the US House, but the Senate control still hangs in the balance as a red wave expected by analysts did not materialize. The most pronounced buying activity was against risk-sensitive currencies such as the Australian and New Zealand dollars. 
2022-11-10T11:11:00"
Dollar Steadies Ahead of Inflation Report,Currency,"Dollar Steadies Ahead of Inflation ReportUnited States CurrencyThe dollar index steadied above 110 on Thursday after rising nearly 1% in the previous session, with traders looking ahead to a key US inflation report, while constantly tracking midterm election results. The midterm elections proved more competitive than anticipated, as the market had hoped for a landslide win for Republicans that would create a gridlock in Washington. Investors now turn their focus to the October CPI report due later in the day that could influence the Federal Reserve’s next policy move. Analysts observed that the market seemed positioned for softer data, and warned that recent months have produced upside surprises. Markets are currently priced for a more moderate half percentage point Fed rate hike next month, but a hotter-than-anticipated inflation report could fuel bets for another supersized 75 basis point increase.2022-11-10T01:59:00"
US Stocks Close About 2% Down,Stock Market,"US Stocks Close About 2% DownUnited States Stock MarketUS stocks declined Wednesday, with the Dow falling over 600 points, the S&P 500 down 2.0% and the Nasdaq 2.4% on uncertainty about the outcome of the midterm elections that will set the agenda for the next Congress. Early results point to a tighter-than-expected race between Democrats and Republicans, with the odds still favoring the latter to control the US House while the Senate remains up for grabs. Investors also await the October inflation report due tomorrow for hints on how further the Fed may tighten financial conditions to cool an overheating economy. On the corporate side, shares of Disney dropped more than 13% after missing quarterly earnings and revenue estimates. Tesla was down 7% after filings revealed that Elon Musk sold nearly $4 billion in shares before his takeover of Twitter. On the other hand, Facebook-parent Meta rallied 5% after the social media giant announced that it would cut more than 11,000 jobs in the 1st round of layoffs.2022-11-09T21:04:14.413"
US Tech 100 Index below 10800,stock market,US Tech 100 Index below 10800United States stock marketUS Tech 100 Index decreased below 10800 points.2022-11-09T20:48:17.327
US Stocks Extend Losses,Stock Market,"US Stocks Extend LossesUnited States Stock MarketUS stocks extended losses in afternoon trading Wednesday, with the Dow falling almost 500 points, the S&P 500 down 1.4% and the Nasdaq 1.8% on uncertainty about the outcome of the midterm elections that will set the agenda for the next Congress. Early results point to a tighter-than-expected race between Democrats and Republicans, with the odds still favoring the latter to control the US House while the Senate remains up for grabs. Investors also await the October inflation report due tomorrow for hints on how further the Fed may tighten financial conditions to cool an overheating economy. On the corporate side, shares of Disney dropped more than 13% after missing quarterly earnings and revenue estimates. Tesla was down 6% after filings revealed that Elon Musk sold nearly $4 billion in shares before his takeover of Twitter. On the other hand, Facebook-parent Meta rallied 6% after the social media giant announced that it would cut more than 11,000 jobs in the 1st round of layoffs.2022-11-09T19:17:14.167"
US Crude Stocks Rise More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 3.925 million barrels in the week ended November 4th, compared with market expectations of a 1.360-million-barrel increase, the latest US Energy Information Administration report showed. In the meantime, gasoline stocks fell by 0.899 million, less than market expectations of a 1.08 million draw. Crude stocks at Cushing, Oklahoma, went down by 0.923 million barrels following a 0.1.267 million build, and distillate stockpiles, including diesel and heating oil, decreased by 0.521 million, versus forecasts for a 0.8 million drop.  2022-11-09T15:34:15.407"
Dollar Bounces Off Seven-Week Low,Currency,"Dollar Bounces Off Seven-Week Low United States CurrencyThe dollar index regained some ground above the 110 mark, recovering from a seven-week low of 109.4 in the previous session, as investors tracked the results of a tighter-than-expected contested midterm election. The odds are still favoring Republicans to win the US House, but the Senate control still hangs in the balance as a red wave expected by analysts did not materialize. Aside from politics, the primary catalyst for markets resides in the October CPI report due on Thursday, which will offer clues about the Federal Reserve's rate path. Money markets are currently pricing a more moderate 50 basis point rate hike in December, but a hotter-than-anticipated inflation report could fuel bets for another supersized 75 basis point increase.2022-11-09T14:56:00"
US Stocks Struggle for Traction,Stock Market,"US Stocks Struggle for Traction United States Stock MarketThe Dow lost more than 300 points on Wednesday, while the S&P 500 and Nasdaq fell roughly 1% each as investors awaited the outcome of the midterm elections that will set the agenda for the next Congress. The first results point to a tighter-than-expected race between Democrats and Republicans, with the odds still favoring the latter to control the US House while the Senate remains up for grabs. Investors also await the October inflation report due tomorrow for hints on how further the Federal Reserve may tighten financial conditions to cool an overheating economy. On the corporate side, shares of Disney dropped more than 9% after missing quarterly earnings and revenue estimates. Facebook-parent Meta rallied 6% after the social media giant announced that it would cut more than 11,000 jobs in the first round of layoffs. Tesla also came into the spotlight after filings revealed that Elon Musk sold nearly $4 billion in shares before his takeover of Twitter.2022-11-09T14:32:00"
US Equity Futures Fall,Stock Market,"US Equity Futures Fall United States Stock MarketStock futures contracts tied to the three major indices were down on Wednesday, putting Wall Street on track to snap a three-day rally as investors awaited the outcome of the midterm elections that will set the agenda for the next Congress. The first results point to a tighter-than-expected race between Democrats and Republicans, with the odds still favoring the latter to control the US House while the Senate remains up for grabs. Investors also await the October inflation report due tomorrow for hints on how further the Federal Reserve may tighten financial conditions to cool an overheating economy. On the corporate front, Disney shares dropped more than 8% in premarket trading after missing quarterly earnings and revenue estimates. Facebook-parent Meta rallied 5% after the social media giant announced that it would cut more than 11,000 jobs in the first round of layoffs. 2022-11-09T14:00:32.02"
US Mortgage Rates Back to 7.1%,Mortgage Rate,"US Mortgage Rates Back to 7.1%United States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) in the US rose by 8bps to 7.14% in the first week of November, data from the Mortgage Bankers Association (MBA) showed. It is the third consecutive week mortgage rates stay above 7%, close to levels not seen since 2001, and more than double the 3% reported a year earlier. Borrowing costs have been tracking a rise in Treasury yields as the Fed is expected to continue to rise interest rates sharply to curb inflationary pressures. 2022-11-09T12:10:00"
US 10-Year Treasury Yield Consolidates Around 4.1%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Around 4.1%United States Government Bond 10YThe US 10-year Treasury yield, the benchmark for borrowing costs worldwide, bottomed around 4.1%, not far from a 15-year peak of 4.3% reached in late October, as investors awaited the outcome of congressional midterm elections and inflation data due to be released later in the week. A slipt government, with Republicans winning the House of Representatives and possibly the Senate, could result in political gridlock that hampers significant reforms while boosting risk appetite. On the monetary side, the Federal Reserve delivered a widely expected 75 bps hike last week while flagging a longer monetary tightening path as the central bank seeks to bring down inflation to its 2% target. While recent data showed that the job market remains extremely tight, now, all eyes turn to October inflation data, due on Thursday, for more clues on future interest rate hikes. 2022-11-09T08:22:23.013"
"US Futures Waver, Midterm Results Awaited",Stock Market,"US Futures Waver, Midterm Results AwaitedUnited States Stock MarketUS stock futures swung between small gains and losses on Wednesday as the first midterm election results started to come in. Republicans are likely to win the House, but the Democrats will probably keep the Senate, although the race remains tight and the vote count continues. Investors also await the October inflation report due tomorrow for hints on how further the Federal Reserve may tighten financial conditions to cool an overheating economy. On the corporate front, Disney shares dropped more than 7% in premarket trading after missing quarterly earnings and revenue estimates. Tesla also came into the spotlight after filings revealed that Elon Musk sold nearly $4 billion in shares before his takeover of Twitter. In regular trading Tuesday, stocks extended gains for a third session, with the Dow jumping 1%, the S&P 500 0.6%, and the Nasdaq Composite 0.5%. 2022-11-09T07:45:00"
"Dollar Pressured by Midterms, Inflation Jitters",Currency,"Dollar Pressured by Midterms, Inflation JittersUnited States CurrencyThe dollar index held below 110 on Wednesday after losing about 3% in the past three sessions, remaining under pressure as traders awaited results of the US midterm elections and a key inflation report that could signal the Federal Reserve’s next policy move. Latest polls showed that Republicans are likely to take back the House and possibly the Senate, placing a check on the Democratic policy agenda. Investors are also looking ahead to a key US CPI report on Thursday, hoping it will confirm the downward trend in inflation since July and ease pressure on the Fed to continue tightening aggressively. Markets are currently priced for a more moderate half percentage point Fed rate hike next month, but a hotter-than-anticipated inflation report could fuel bets for another supersized 75 basis point increase.2022-11-09T05:46:00"
US Crude Inventories Unexpectedly Rise,API Crude Oil Stock Change,"US Crude Inventories Unexpectedly RiseUnited States API Crude Oil Stock ChangeU.S. crude inventories rose by 5.6 million barrels for the week ended Nov. 4. That compared with a draw of 6.5M barrels reported by the API for the previous week. Economists were expecting an increase of about 1.1M barrels. The API data also showed that gasoline inventories rose by 2.5M barrels last week, and distillate stocks decreased by 1.7M barrels. The rise in inventories weighed on oil prices just as ongoing Covid-19 restrictions in China continue to cast a shadow on the demand outlook.  2022-11-09T00:20:00"
US Futures Steady as Midterm Results Awaited,Stock Market,"US Futures Steady as Midterm Results AwaitedUnited States Stock MarketUS stock futures held steady on Wednesday as investors looked ahead to the results of the US midterm elections, with markets betting on Republicans to take back the House and create a gridlock in Washington. Futures contracts tied to the three major averages drifted flat to slightly positive. In regular trading on Tuesday, the Dow jumped 1.02%, the S&P 500 climbed 0.56% and the Nasdaq Composite added 0.49%, with US stocks extending gains for the third session. Markets are anticipating a split government, with the GOP likely to win the House and possibly the Senate, thus placing a check on the Democratic policy agenda. Investors also await the October inflation report due on Thursday for hints on how much further the Federal Reserve may tighten financial conditions as it seeks to cool an overheating economy. Meanwhile, Disney shares dropped more than 6% in extended trading after missing quarterly earnings and revenue estimates.2022-11-09T00:16:00"
Occidental Petroleum earnings below expectations at 2.44 USD,Earnings,"Occidental Petroleum earnings below expectations at 2.44 USDUnited States EarningsOccidental Petroleum (OXY) released earnings per share at 2.44 USD, compared to market expectations of 2.68 USD.2022-11-08T21:36:07.087"
Walt Disney earnings below expectations at 0.30 USD,Earnings,"Walt Disney earnings below expectations at 0.30 USDUnited States EarningsWalt Disney (DIS) released earnings per share at 0.30 USD, compared to market expectations of 0.59 USD.2022-11-08T21:11:10.613"
US Equities Gain as Americans Head to the Polls,Stock Market,"US Equities Gain as Americans Head to the PollsUnited States Stock MarketUS equities had a choppy session to the upside Tuesday as investors awaited midterm election results. The Dow added more than 300 points, while the S&P 500 and Nasdaq gained 0.5% and 0.6%, respectively. Recent data suggest Republicans gained ground, and analysts anticipate a split government, with the GOP likely to win the House and possibly the Senate, thus placing a check on the Democratic policy agenda. Aside from politics, all eyes are on October inflation data, due on Thursday, for hints on how much further the Federal Reserve may tighten financial conditions as it seeks to cool an overheating economy. Additionally, volatility in the crypto markets with the collapse of the FTX token weighed on sentiment. SolarEdge Technologies was the leading outperformed up more than 18% after reporting record revenue in its most recent quarter. Elsewhere, shares of Kohl's jumped more than 10% after the department store chain announced the departure of its CEO next month. 2022-11-08T21:01:00"
US Stocks Pull Back On Fading Hopes of China Reopening,Stock Market,"US Stocks Pull Back On Fading Hopes of China ReopeningUnited States Stock MarketUS equities reversed course Tuesday falling back towards the flatline as investors processed the fading likelihood of a Chinese reopening. Commodities and China-linked stocks fell as CCP officials pushed back against Chinese social media rumors that a reopening would occur sooner than expected. The Dow added more than 200 points, while the S&P 500 and Nasdaq were up roughly 0.2% as investors awaited the outcome of the midterm elections while also bracing for a critical CPI reading later this week. Recent data suggest Republicans gained ground, and analysts anticipate a split government, with the GOP likely to win the House and possibly the Senate, thus placing a check on the Democratic policy agenda. Aside from politics, all eyes are on October inflation data, due on Thursday, for hints on how much further the Federal Reserve may tighten financial conditions as it seeks to cool an overheating economy. Additionally, volatility in the crypto markets weighed on sentiment.2022-11-08T19:57:20.207"
DXY Depreciates Below 110,Currency,"DXY Depreciates Below 110United States CurrencyThe dollar index weakened below the 110 mark, a level not seen in almost two weeks, as risk appetite returned to the markets with attention turning to the midterm elections. Investors also await key US inflation data later this week that could influence the size of the Federal Reserve's rate hike in December. Markets are betting that the Fed will hike rates by 50 basis points in December after delivering four successive 75 basis point rate increases. The dollar's weakness was seen across the board, with some of the most pronounced selling activity against risk-sensitive currencies such as the New Zealand and Australian dollars. 2022-11-08T15:32:00"
Stocks in United States Hit 10-week High,Stock Market,Stocks in United States Hit 10-week HighUnited States Stock MarketUS30 increased to a 10-week high of 330722022-11-08T15:17:03.673
US Stocks Rise Ahead of Midterms,Stock Market,"US Stocks Rise Ahead of Midterms United States Stock MarketThe Dow added more than 200 points on Tuesday, while the S&P 500 and Nasdaq went up roughly 1% as investors awaited the outcome of the midterm elections while also bracing for a critical CPI reading later this week. Recent data suggest Republicans gained ground, and analysts anticipate a split government, with the GOP likely to win the House and possibly the Senate, thus placing a check on the Democratic policy agenda. Aside from politics, all eyes are on October inflation data, due on Thursday, for hints on how much further the Federal Reserve may tighten financial conditions as it seeks to cool an overheating economy. On the corporate side, SolarEdge surged over 15% after the company reported upbeat quarterly results, while Kohl's jumped over 10% after announcing the CEO's departure next month. On the other hand, Lyft and TripAdvisor plunged around 20% each after offering weak guidance.  	2022-11-08T14:33:00"
US Stock Futures Rise Ahead of Midterms,Stock Market,"US Stock Futures Rise Ahead of Midterms United States Stock MarketUS stock futures tracking the broader market were up roughly 0.5% on Tuesday, putting Wall Street on track to extend its rally as investors awaited the outcome of the midterm elections. Recent data suggest Republicans gained ground in polls, and markets anticipate a slipt government, with the GOP likely to win the House and possibly the Senate, thus placing a check on the Democratic policy agenda. Aside from politics, all eyes are on October CPI data, due on Thursday, for hints on how much further the Federal Reserve may tighten financial conditions as it seeks to cool an overheating economy. Money markets are betting that the US central bank will hike rates by 50 basis points in December after delivering four successive 75 basis point rate increases.  In regular trading on Monday, the Dow jumped 1.3%, the S&P 500 gained 1%, and the Nasdaq Composite added 0.9%.2022-11-08T11:57:00"
Dollar Steadies Ahead of Midterm Elections,Currency,"Dollar Steadies Ahead of Midterm ElectionsUnited States CurrencyThe dollar index steadied above 110 on Tuesday after declining for two straight sessions, as investors looked ahead to the US midterm elections that could sway future economic policy. Markets also await key US inflation data later this week that could influence the size of the Federal Reserve’s rate hike in December. Markets are currently priced for a more moderate half percentage point rate increase next month, but a hotter-than-anticipated US CPI report on Thursday could fuel bets for another supersized 75 basis point rate hike. The dollar held recent declines against other major currencies including the euro, sterling, aussie and kiwi. Meanwhile, the greenback continued to trade sideways against the yen amid fears of another intervention from Japanese authorities, while it strengthened slightly against the yuan due to lingering uncertainties about China’s zero-Covid policy.2022-11-08T03:48:42.99"
Activision Blizzard earnings above expectations at 0.68 USD,Earnings,"Activision Blizzard earnings above expectations at 0.68 USDUnited States EarningsActivision Blizzard (ATVI) released earnings per share at 0.68 USD, compared to market expectations of 0.51 USD.2022-11-07T22:26:49.377"
US Stocks Push Higher,Stock Market,"US Stocks Push HigherUnited States Stock MarketThe Dow gained nearly 400 points on Monday, while the S&P 500 and Nasdaq added about 1% as investor focus turned to the latest inflation report and the midterm elections later this week. With the Federal Reserve hinting at a slowdown in the pace of monetary tightening later this year but warning about a higher terminal rate, investors now await October CPI data, due on Thursday, for clear insight regarding the central bank's rate path. The market movement came on the heels of a mixed US nonfarm payroll report for October that showed that the world's largest economy created more new jobs than expected while wages continued to increase although the unemployment rate climbed. On the corporate side, Facebook-parent Meta jumped more than 6% despite saying it plans to begin large-scale layoffs this week. Apple fell roughly 1% after warning that it intends to produce at least three million fewer iPhone 14s than initially expected this year.2022-11-07T20:59:44.157"
US consumer credit growth moderates in September,Consumer Credit,"US consumer credit growth moderates in SeptemberUnited States Consumer CreditTotal consumer credit rose $25 billion in September, down from a revised $30.2 billion in the prior month. That translates into a 6.4% seasonally adjusted annual rate, down from a revised 7.8% gain in the prior month. Evolving credit, like credit cards, rose 8.7% in September, less than half of the 18.1% gain in the prior month. In the third quarter, revolving credit expanded at a 12.9% rate. Nonrevolving credit, typically auto and student loans, rose 5.7%, up from a 4.5% growth rate in the prior month. This category of credit is much less volatile. The Fed’s data does not include mortgage loans, which is the largest category of household debt.2022-11-07T20:53:21.473"
Berkshire Hathaway B earnings above expectations at 3.53 USD,Earnings,"Berkshire Hathaway B earnings above expectations at 3.53 USDUnited States EarningsBerkshire Hathaway B (BRKb) released earnings per share at 3.53 USD, compared to market expectations of 3.10 USD.2022-11-07T18:59:32.793"
Wall Street Enjoys Some Respite,Stock Market,"Wall Street Enjoys Some Respite United States Stock MarketThe Dow rose more than 400 points on Monday, while the S&P 500 and Nasdaq added 1% as investor focus turned to the latest inflation report and the midterm elections later this week. With the Federal Reserve hinting at a slowdown in the pace of monetary tightening later this year but warning about a higher terminal rate, investors now await October CPI data, due on Thursday, for clear insight regarding the central bank's rate path. The market movement came on the heels of a mixed US nonfarm payroll report for October that showed that the world's largest economy created more new jobs than expected while wages continued to increase although the unemployment rate climbed. On the corporate side, Facebook-parent Meta jumped more than 6% despite saying it plans to begin large-scale layoffs this week. Apple fell roughly 1% after warning that it intends to produce at least three million fewer iPhone 14 than initially expected this year. 2022-11-07T14:39:00"
US Stock Futures Rise,Stock Market,"US Stock Futures Rise United States Stock MarketStock futures contracts tied to the three major indices added roughly 0.5% on Monday, putting Wall Street on track to open higher as investors looked for more clues about the magnitude of the December rate hike following a mixed jobs report last week. US nonfarm payroll data for October showed that the world's largest economy created more new jobs than expected while wages continued to increase, but unemployment rose. With the Federal Reserve hinting at a slowdown in the pace of rate increases later this year but warning about a higher terminal rate, investors now await October CPI data, due on Thursday, for clear insight regarding the central bank's rate path. On the corporate side, Apple expected to produce at least three million fewer iPhone 14 than initially expected this year. At the same time, Meta Platforms warned that it plans to begin large-scale layoffs this week.2022-11-07T10:50:00"
Dollar Fails to Hold Gains,Currency,"Dollar Fails to Hold Gains United States CurrencyThe dollar index weakened toward the 110 mark, moving away from its daily highs of 111.3, with investors seeking new signals for future rate hikes. Last week wrapped up with a hawkish message from the Federal Reserve warning about a longer monetary tightening path and a mixed US jobs report showing strong hiring and wage increases along with higher unemployment. Now, all eyes turn to October CPI data, due on Thursday, for hints on how much further the US central bank may tighten financial conditions as it seeks to cool an overheating economy. Markets are betting that the Fed will hike rates by 50 basis points in December after delivering four successive 75 basis point rate increases. The most pronounced selling activity was against the British pound amid expectations of tighter financial conditions as the UK inflation rate hit a 40-year high and fiscal uncertainty continued.2022-11-07T09:37:00"
US 10-Year Treasury Approches 15-Year High,Government Bond 10Y,"US 10-Year Treasury Approches 15-Year High United States Government Bond 10YThe US 10-year Treasury yield, the benchmark for borrowing costs worldwide, consolidated around 4.1%, not far from a 15-year peak of 4.3% reached in late October, as worries about inflation and aggressive Fed tightening spook investors. The Federal Reserve delivered a widely expected 75 bps hike last week while flagging a longer monetary tightening path as the central bank seeks to bring down inflation to its 2% target. While recent data showed that the job market remains extremely tight, now, all eyes turn to October inflation data, due on Thursday, for more clues on future interest rate hikes. Meantime, Germany's 10-year Bund yield, the European benchmark, rose to as high as 2.3%, closing in on its highest level since August 2011.
2022-11-07T08:18:00"
Dollar Bounces as China Clings to Covid Policy,Currency,"Dollar Bounces as China Clings to Covid PolicyUnited States CurrencyThe dollar index strengthened to around 111 on Monday, recouping some losses from the previous session as it benefited from haven demand after China quashed hopes that it was planning to gradually ease Covid restrictions. Meanwhile, investors continued to assess the outlook for US interest rates, with a mixed US jobs report last week reinforcing expectations that the Federal Reserve will slow the pace of rate increases in December. Markets are currently betting that the Fed will hike rates by 50 basis points next month after delivering four successive 75 basis point rate increases. However, a hotter-than-expected US inflation report on Thursday would likely fuel bets for another 75 basis point rate hike and drive a fresh dollar rally. The dollar gained across the board, with the most pronounced buying against the Chinese yuan and Australian and New Zealand dollars.2022-11-07T05:39:50.62"
US Treasury Yields Approach 4.2%,Government Bond 10Y,"US Treasury Yields Approach 4.2%United States Government Bond 10YThe yield on the 10-year Treasury note held above 4.1%, extending its rise since the start of November and approaching the 15-year peak of 4.2% hit on October 24th as investors digested the October US jobs report. While the American economy added a stronger-than-expected 260 thousand jobs during the period, a higher-than-expected unemployment rate drove investors to ponder on the extent that the US labor market remains tight. After delivering a widely expected 75 bps rate hike on Wednesday, the Federal Reserve flagged a longer monetary tightening path and warned that the terminal fed funds rate could rise above previous expectations.  2022-11-04T12:45:00"
Private Payrolls Rise by 233K,Nonfarm Payrolls Private,"Private Payrolls Rise by 233K United States Nonfarm Payrolls PrivateNonfarm payrolls in the US private sector increased by 233K in October of 2022, following an upwardly revised 319K rise in September and beating market forecasts of 200K. The reading continued to point to a robust labour market, with relatively broad based gains across sectors, including health care, professional and business services and manufacturing, as workers shortages persist. 2022-11-04T12:41:00"
US Unemployment Rate Slightly Above Forecasts,Unemployment Rate,"US Unemployment Rate Slightly Above ForecastsUnited States Unemployment RateThe unemployment rate in the US increased by 0.2 percentage point to 3.7 percent in October 2022, up from September's 29-month low of 3.5 percent and slightly above market expectations of 3.6 percent. The jobless rate has been in a narrow range of 3.5 percent to 3.7 percent since March, suggesting that the labor market is already very tight, which, in turn, is likely to contribute significantly to inflationary pressure in the world's largest economy for some time to come. The number of unemployed persons rose by 306 thousand to 6.06 million in October, while the number of employed decreased by 328 thousand to 158.6 million. The labor force participation rate edged down to 62.2 percent from 62.3 percent.2022-11-04T12:33:00"
"Dollar Rally Pauses, Still Poised for Weekly Gains",Currency,"Dollar Rally Pauses, Still Poised for Weekly GainsUnited States CurrencyThe dollar index weakened to below 111 on Friday, easing from its weekly highs of above 113 as investors paused to assess the outlook for monetary policy following a mixed jobs report. The job market remains extremely tight, which has made it harder for the Federal Reserve to cool the economy and tame inflation. The US economy added a stronger-than-expected 261K jobs in October but the unemployment rate increased more than anticipated to 3.7 percent. The most pronounced selling activity was against the Australian and New Zealand dollars, as higher commodity prices boosted bets on both currencies. Still, the DXY rallied almost 1.5% this week as a hawkish message from the Fed lent optimism to bulls. The US central bank raised interest rates by 75 basis points in a widely expected move on Wednesday, while Fed Chair Jerome Powell signaled that rates could peak higher even as he hinted at a slower pace of increases later this year.2022-11-04T12:32:00"
Dominion Resources earnings below expectations at 1.11 USD,Earnings,"Dominion Resources earnings below expectations at 1.11 USDUnited States EarningsDominion Resources (D) released earnings per share at 1.11 USD, compared to market expectations of 1.12 USD.2022-11-04T12:16:08.77"
Hershey earnings above expectations at 2.17 USD,Earnings,"Hershey earnings above expectations at 2.17 USDUnited States EarningsHershey (HSY) released earnings per share at 2.17 USD, compared to market expectations of 2.10 USD.2022-11-04T11:16:44.593"
Duke Energy earnings below expectations at 1.78 USD,Earnings,"Duke Energy earnings below expectations at 1.78 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.78 USD, compared to market expectations of 1.88 USD.2022-11-04T11:16:37.233"
"Dollar Rally Pauses, Still Poised for Weekly Gains",Currency,"Dollar Rally Pauses, Still Poised for Weekly Gains United States CurrencyThe dollar index weakened to around 112.5 on Friday, easing from its weekly highs of above 113 as investors paused to assess the outlook for monetary policy ahead of the US non-farm payroll report later today. The job market remains extremely tight, which has made it harder for the Federal Reserve to cool the economy and tame inflation. Market participants now expect the report to play a critical role in driving prices, with a stronger-than-expected reading likely triggering another leg higher.   The most pronounced selling activity was against the Australian and New Zealand dollars, as higher commodity prices boosted bets on both currencies. Still, the DXY rallied almost 2% this week as a hawkish message from the Fed lent optimism to bulls. The US central bank raised interest rates by 75 basis points in a widely expected move on Wednesday, while Fed Chair Jerome Powell signaled that rates could peak higher even as he hinted at a slower pace of increases later this year. 2022-11-04T10:13:00"
Dollar Steadies as Hawkish Fed Supports,Currency,"Dollar Steadies as Hawkish Fed SupportsUnited States CurrencyThe dollar index steadied just below 113 on Friday, consolidating recent gains on expectations that US rates could peak higher than previously anticipated. After the Federal Reserve delivered its fourth straight 75 basis point rate hike on Wednesday, Fed Chair Jerome Powell said that rates have yet to be “sufficiently restrictive” and that it is “premature to discuss pausing.” However, Powell added that a slower pace of rate increases could soon be appropriate. Markets are now betting on a terminal rate of about 5.15% by June next year. The US economy’s remarkable resilience also supported the dollar despite some sectoral slowdowns. Traders now turn their attention to the nonfarm payrolls report due later today that could offer fresh clues on the pace of future rate hikes from the Fed.2022-11-04T03:58:12.173"
Corteva Inc earnings above expectations at -0.12 USD,Earnings,"Corteva Inc earnings above expectations at -0.12 USDUnited States EarningsCorteva Inc (CTVA) released earnings per share at -0.12 USD, compared to market expectations of -0.23 USD.2022-11-03T22:51:32.187"
Motorola Solutions Msi earnings above expectations at 3.00 USD,Earnings,"Motorola Solutions Msi earnings above expectations at 3.00 USDUnited States EarningsMotorola Solutions Msi (MSI) released earnings per share at 3.00 USD, compared to market expectations of 2.88 USD.2022-11-03T20:59:54.307"
Monster Beverage earnings meet market expectations at 0.60 USD,Earnings,"Monster Beverage earnings meet market expectations at 0.60 USDUnited States EarningsMonster Beverage (MNST) released earnings per share at 0.60 USD, in line with market expectations.2022-11-03T20:59:47.957"
EOG Resources earnings below expectations at 3.71 USD,Earnings,"EOG Resources earnings below expectations at 3.71 USDUnited States EarningsEOG Resources (EOG) released earnings per share at 3.71 USD, compared to market expectations of 4.21 USD.2022-11-03T20:59:44.637"
PayPal earnings above expectations at 1.08 USD,Earnings,"PayPal earnings above expectations at 1.08 USDUnited States EarningsPayPal (PYPL) released earnings per share at 1.08 USD, compared to market expectations of 0.96 USD.2022-11-03T20:59:42.52"
Starbucks earnings above expectations at 0.81 USD,Earnings,"Starbucks earnings above expectations at 0.81 USDUnited States EarningsStarbucks (SBUX) released earnings per share at 0.81 USD, compared to market expectations of 0.73 USD.2022-11-03T20:59:40.407"
Amgen earnings above expectations at 4.70 USD,Earnings,"Amgen earnings above expectations at 4.70 USDUnited States EarningsAmgen (AMGN) released earnings per share at 4.70 USD, compared to market expectations of 4.45 USD.2022-11-03T20:59:38.7"
US Mortgage Rates Dip Under 7%,30 Year Mortgage Rate,"US Mortgage Rates Dip Under 7%United States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage decreased to 6.95% as of November 3rd, from 7.08% last week, and compared to 3.09% a year ago, according to a survey of lenders by mortgage giant Freddie Mac. The 15-year fixed-rate mortgage averaged 6.29%, down from 6.36% last week but above 2.35% a year ago. The average rate on a five-year Treasury-indexed hybrid adjustable-rate mortgage, or ARM, was 5.95%, slightly down from 5.96% last week and compared to 2.54% last year. “Mortgage rates continue to hover around seven percent, as the dynamics of a once-hot housing market have faded considerably,” said Sam Khater, Freddie Mac’s Chief Economist. “Unsure buyers navigating an unpredictable landscape keeps demand declining while other potential buyers remain sidelined from an affordability standpoint. Yesterday’s interest rate hike by the Federal Reserve will certainly inject additional lead into the heels of the housing market.”2022-11-03T15:38:18.973"
US Factory Orders Rise 0.3% in September,Factory Orders,"US Factory Orders Rise 0.3% in SeptemberUnited States Factory OrdersNew orders for US manufactured goods rose by 0.3 percent in September of 2022, picking up from the revised 0.2 percent uptick in the prior month and in line with market expectations. Orders for durable goods rose by 0.4 percent (vs 0.2 percent in August), largely due to increased orders for transportation equipment (2.2 percent vs 0.5 percent). A steeper expansion was prevented by lower orders of primary metals (-1.9 percent vs 0.4 percent) and machinery (-0.1 percent vs 0.7 percent). In the meantime, demand for non-durable goods rose by a slower 0.2 percent, unchanged from last month's rise. Excluding transportation, factory orders fell by 0.1 percent in September, edging down from the 0.1 percent rise in August.2022-11-03T14:03:00"
US Private Sector Output Contracts for 4th Month,Composite PMI,"US Private Sector Output Contracts for 4th MonthUnited States Composite PMIThe S&P Global US Composite PMI was revised higher to 48.2 in October 2022 from a preliminary estimate of 47.3, compared with September's 49.5. The latest data signaled a fourth consecutive month of contraction in the private sector, driven by a sharper decline in service activity. Meanwhile, manufacturing output rose marginally. Overall new business dropped back into contraction, with dollar strength and inflation weighing on new export orders which fell further; while employment increased slightly and backlogs of work posted a solid fall. On the price front, inflationary pressures softened amid reports of reductions in some material costs which were passed through to customers via concessions. Finally, output expectations for the year ahead weakened.2022-11-03T14:01:42.873"
US Service Sector Output Contracts at Faster Pace,Services PMI,"US Service Sector Output Contracts at Faster PaceUnited States Services PMIThe S&P Global US Services PMI was revised higher to 47.8 in October 2022 from a preliminary estimate of 46.6, and compared with 49.3 in the previous month. Still, the latest reading pointed to a steeper deterioration in business activity conditions across the service sector, as new business fell back into contraction amid high inflation and rising borrowing costs. In addition, new business from abroad declined at the second-fastest rate since May 2020 on weakening global demand conditions. Employment growth stalled, ending a 27-month sequence of expansion in staffing numbers, while the level of outstanding business fell at a solid pace. On the price front, input cost inflation fell to the slowest since January 2021, but remained elevated overall, while output charge inflation eased for the sixth month running to the slowest since December 2020. Finally, business optimism was the weakest since September 2020 due to concerns regarding inflation and greater customer hesitancy.2022-11-03T13:54:00"
US Continuing Unemployment Claims at 7-Month High,Continuing Jobless Claims,"US Continuing Unemployment Claims at 7-Month HighUnited States Continuing Jobless ClaimsThe number of Americans filing continuing claims for unemployment benefits rose by 47 thousand to 1.485 million on the week ending October 22nd, well above market forecasts of 1.45 million. It was the largest amount of continuing claims filed in a week since March, marking a significant divergence from the historically low levels of new claims for unemployment. The result signals that unemployed Americans are out of work for longer periods, in line with the slowdown of the economy brought by aggressive interest rate hikes by the Federal Reserve.2022-11-03T13:14:00"
Johnson Controls earnings meet market expectations at 0.99 USD,Earnings,"Johnson Controls earnings meet market expectations at 0.99 USDUnited States EarningsJohnson Controls (JCI) released earnings per share at 0.99 USD, in line with market expectations.2022-11-03T12:50:38.673"
Sempra Energy earnings above expectations at 1.97 USD,Earnings,"Sempra Energy earnings above expectations at 1.97 USDUnited States EarningsSempra Energy (SRE) released earnings per share at 1.97 USD, compared to market expectations of 1.79 USD.2022-11-03T12:50:35.757"
US Exports Drop from Record High,Exports,"US Exports Drop from Record HighUnited States ExportsExports from the United States decreased by USD 2.8 billion to USD 258.0 billion in September 2022 from the previous month's record high of USD 260.8 billion, due to weakening external demand amid high inflation and a strong dollar. Exports of goods were down USD 3.7 billion, led by lower sales of industrial supplies and materials (down USD 2.3 billion) such as crude oil and nonmonetary gold; and foods, feeds, and beverages (down USD 2.1 billion) on the back of soybeans. Meanwhile, exports of capital goods were up USD 1.2 billion, due to sales of telecommunications equipment and semiconductors. Exports of services increased USD 0.9 billion, led by travel, transport and financial services.2022-11-03T12:44:21.89"
US Imports Rise 1.5% in September,Imports,"US Imports Rise 1.5% in SeptemberUnited States ImportsImports to the United States increased by USD 4.8 billion or 1.5% to USD 331.3 billion in September 2022, amid solid domestic demand. Purchases of goods were up by USD 2.9 billion due to capital goods (up USD 3.3 billion), namely semiconductors, civilian aircraft and telecommunications equipment. Also, shipments of consumer goods increased (USD 1.1 billion), mainly driven by cell phones and other household goods, as well as pharmaceutical preparations. On the other hand, imports of industrial supplies and materials were down by USD 2.0 billion, due to lower purchases of fuel oil, crude oil, and other petroleum products. Imports of services increased by $1.9 billion, driven by travel and transport.2022-11-03T12:37:00"
US Labor Costs Rise Less than Expected,Labour Costs,"US Labor Costs Rise Less than ExpectedUnited States Labour CostsUnit labor costs in the US nonfarm business sector surged by 3.5 percent in the third quarter of 2022, below market forecasts of a 4.1 percent increase and following a downwardly revised 8.9 percent gain in the previous period, a preliminary release showed. It reflects a 3.8 percent increase in hourly compensation and a 0.3 percent gain in productivity. Unit labor costs increased 6.1 percent over the last four quarters. 
2022-11-03T12:34:52.033"
US Labour Productivity Rises Less Than Expected,Productivity,"US Labour Productivity Rises Less Than ExpectedUnited States ProductivityNon-farm labor productivity in the US increased an annualized 0.3 percent in the third quarter of 2022, below market expectations of a 0.6 percent rise, preliminary estimates showed. Output advanced 2.8 percent, recovering from a 1.2 percent fall in Q2 and hours worked rose 2.4 percent, easing from a 2.9 percent gain. Year-on-year, non-farm business sector labor productivity fell by 1.4 percent, following a 2.1 percent drop in Q2.2022-11-03T12:32:00"
Parker-Hannifin earnings above expectations at 4.74 USD,Earnings,"Parker-Hannifin earnings above expectations at 4.74 USDUnited States EarningsParker-Hannifin (PH) released earnings per share at 4.74 USD, compared to market expectations of 4.18 USD.2022-11-03T11:57:17.103"
Exelon earnings above expectations at 0.75 USD,Earnings,"Exelon earnings above expectations at 0.75 USDUnited States EarningsExelon (EXC) released earnings per share at 0.75 USD, compared to market expectations of 0.69 USD.2022-11-03T11:57:14.99"
Cheniere Energy earnings below expectations at -9.54 USD,Earnings,"Cheniere Energy earnings below expectations at -9.54 USDUnited States EarningsCheniere Energy (LNG) released earnings per share at -9.54 USD, compared to market expectations of 5.21 USD.2022-11-03T11:57:10.777"
Fidelity National Information Services earnings below expectations at 1.74 USD,Earnings,"Fidelity National Information Services earnings below expectations at 1.74 USDUnited States EarningsFidelity National Information Services (FIS) released earnings per share at 1.74 USD, compared to market expectations of 1.76 USD.2022-11-03T11:57:08.637"
Intercontinental Exchange earnings above expectations at 1.31 USD,Earnings,"Intercontinental Exchange earnings above expectations at 1.31 USDUnited States EarningsIntercontinental Exchange (ICE) released earnings per share at 1.31 USD, compared to market expectations of 1.26 USD.2022-11-03T11:57:05.517"
Moderna Inc earnings below expectations at 2.53 USD,Earnings,"Moderna Inc earnings below expectations at 2.53 USDUnited States EarningsModerna Inc (MRNA) released earnings per share at 2.53 USD, compared to market expectations of 4.81 USD.2022-11-03T11:57:03.403"
Zoetis earnings below expectations at 1.21 USD,Earnings,"Zoetis earnings below expectations at 1.21 USDUnited States EarningsZoetis (ZTS) released earnings per share at 1.21 USD, compared to market expectations of 1.25 USD.2022-11-03T11:57:01.323"
ConocoPhillips earnings below expectations at 3.60 USD,Earnings,"ConocoPhillips earnings below expectations at 3.60 USDUnited States EarningsConocoPhillips (COP) released earnings per share at 3.60 USD, compared to market expectations of 3.72 USD.2022-11-03T11:56:59.23"
US Companies Cut More Jobs in October,Challenger Job Cuts,"US Companies Cut More Jobs in OctoberUnited States Challenger Job CutsUS-based employers announced 33,843 job cuts in October of 2022, a 13% increase from the 29,989 cuts in September. It is the highest reading since February last year, led by losses in technology companies (9,587), services (4,157) and warehousing (2,602). “We are beginning to see more job cut activity in the fourth quarter, historically when the bulk of cuts occur, as companies finalize budgets and plans. Many companies are anticipating a downturn, and with a still-tight labor market and the Fed’s rate hikes, more cuts will be on the way as we enter 2023,” said Andrew Challenger, Senior VP of Challenger, Gray & Christmas, Inc. So far this year, employers announced plans to cut 243,338 jobs, the lowest January-October total since Challenger began tracking monthly job cut announcements in 1993. 

2022-11-03T11:36:00"
Marriott International earnings above expectations at 1.69 USD,Earnings,"Marriott International earnings above expectations at 1.69 USDUnited States EarningsMarriott International (MAR) released earnings per share at 1.69 USD, compared to market expectations of 1.67 USD.2022-11-03T11:25:54.537"
Regeneron Pharmaceuticals earnings above expectations at 11.14 USD,Earnings,"Regeneron Pharmaceuticals earnings above expectations at 11.14 USDUnited States EarningsRegeneron Pharmaceuticals (REGN) released earnings per share at 11.14 USD, compared to market expectations of 9.82 USD.2022-11-03T11:25:40.15"
Air Products & Chemicals earnings above expectations at 2.89 USD,Earnings,"Air Products & Chemicals earnings above expectations at 2.89 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.89 USD, compared to market expectations of 2.77 USD.2022-11-03T10:14:17.17"
Cigna earnings above expectations at 6.04 USD,Earnings,"Cigna earnings above expectations at 6.04 USDUnited States EarningsCigna (CI) released earnings per share at 6.04 USD, compared to market expectations of 5.71 USD.2022-11-03T10:14:15.543"
Dollar Tops 113,Currency,"Dollar Tops 113United States CurrencyThe dollar index extended gains to 113 on Thursday and is on track to move back to 20-year highs after the Fed said interest rates will be higher than previously expected and that it is very premature to talk about pausing the rate-hike cycle. Markets got surprised by such a hawkish message and were actually expecting the Fed to eventually signal a pivot. At the same time, the US economy continues to show remarkable resilience, despite some sectoral slowdowns. The inflation remains elevated and is holding at 40-year highs, the GDP rebounded in Q3 from a contraction in the previous two quarters and employment continues to rise. Traders now turn their attention to the nonfarm payrolls report due Friday.2022-11-03T09:08:00"
Dollar Consolidates After Fed-Induced Rally,Currency,"Dollar Consolidates After Fed-Induced RallyUnited States CurrencyThe dollar index consolidated near 112 on Thursday after a sharp turnaround rally in the previous session, as the Federal Reserve delivered another outsized interest rate hike and signaled that the tightening campaign was not over. The Fed raised interest rates by a widely expected margin of 75 basis points on Wednesday, while Fed Chair Jerome Powell said that rates have yet to be “sufficiently restrictive” and that it is “premature to discuss pausing” even as they could soon slow the pace of increases. In September, Fed officials projected a median terminal rate of roughly 4.6% but many analysts now see it rising to 5% or even higher. Investors now look ahead to a key US jobs report on Friday to gauge how the labor market and overall economy are responding to previous rate hikes, as well as the Bank of England's policy decision later today.2022-11-03T04:03:46.763"
MetLife earnings below expectations at 1.21 USD,Earnings,"MetLife earnings below expectations at 1.21 USDUnited States EarningsMetLife (MET) released earnings per share at 1.21 USD, compared to market expectations of 1.32 USD.2022-11-02T22:25:39.693"
Realty Income earnings above expectations at 0.98 USD,Earnings,"Realty Income earnings above expectations at 0.98 USDUnited States EarningsRealty Income (O) released earnings per share at 0.98 USD, compared to market expectations of 0.36 USD.2022-11-02T20:23:55.19"
Fortinet earnings above expectations at 0.33 USD,Earnings,"Fortinet earnings above expectations at 0.33 USDUnited States EarningsFortinet (FTNT) released earnings per share at 0.33 USD, compared to market expectations of 0.27 USD.2022-11-02T20:23:53.047"
Equinix earnings above expectations at 7.73 USD,Earnings,"Equinix earnings above expectations at 7.73 USDUnited States EarningsEquinix (EQIX) released earnings per share at 7.73 USD, compared to market expectations of 1.83 USD.2022-11-02T20:23:50.88"
Booking Holdings Inc earnings above expectations at 53.03 USD,Earnings,"Booking Holdings Inc earnings above expectations at 53.03 USDUnited States EarningsBooking Holdings Inc (BKNG) released earnings per share at 53.03 USD, compared to market expectations of 49.55 USD.2022-11-02T20:23:48.75"
Qualcomm earnings below expectations at 3.13 USD,Earnings,"Qualcomm earnings below expectations at 3.13 USDUnited States EarningsQualcomm (QCOM) released earnings per share at 3.13 USD, compared to market expectations of 3.15 USD.2022-11-02T20:23:47.057"
US 10-Year Treasury Yield Returns Above 4%,Government Bond 10Y,"US 10-Year Treasury Yield Returns Above 4%United States Government Bond 10YThe US 10-year Treasury note yield bounced back above 4% after investors' bets that the Fed would cool down the pace of rate increases fell apart after the Federal Reserve press conference. Incoming data since the last meeting suggest ultimate level of interest rates will be higher than expected, Fed Chair Powell said. We have some ground to cover with interest rates”, and “there’s no sense that inflation is coming down.”, he added.2022-11-02T19:02:00"
Dollar Cuts Most Losses,Currency,"Dollar Cuts Most LossesUnited States CurrencyThe dollar index traded around 111.5 on Wednesday, after Fed Chair Powell said during the press conference the final interest rate level will be higher than initially expected. The dollar initially sank after the FOMC decision, with the Fed raising rates by 75bps and signalling a slower pace of rate hikes could follow in December. However, the greenback pared most losses as investors acknowledged the Fed is not ready to pivot yet and that actually borrowing costs could rise even higher than previously anticipated. In September, Fed officials projected a median terminal rate of roughly 4.6% but many investors now see it rising to 5% or above.  2022-11-02T18:58:00"
US 10-Year Treasury Yield Falls Below 4%,Government Bond 10Y,"US 10-Year Treasury Yield Falls Below 4%United States Government Bond 10YThe US 10-year Treasury note yield decreased below 4% after the Federal Reserve hiked interest rates by 75bps but also signaled the aggressive campaign to curb inflation could be reaching its final phase. There is a possibility that the central bank slows down the pace of its rate-hiking path already in December amid mounting evidence that tighter financial conditions are already impacting the economy while fuelling concerns about a recession. Still, better-than-expected ISM Manufacturing PMI and JOLTs Job Openings figures throw a little cold water on expectations earlier this week.2022-11-02T18:11:00"
DXY Depreciates After FED,Currency,"DXY Depreciates After FEDUnited States CurrencyThe dollar weakened below 111 after the Fed raised interest rates by another 75 bps as widely expected and sounded less hawkish than many investors anticipated. Investors are now awaiting Fed Chair Powell's press conference for further clues about the magnitude of the December rate hike amid recent speculations that it could be only a smaller 50 bps rate increase. Meanwhile, better-than-expected ISM manufacturing data and JOLTS numbers signaled that previous rate increases have yet to dampen the economic momentum. 2022-11-02T18:01:00"
US Crude Stocks Unexpectedly Fall: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Fall: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 3.115 million barrels in the week ended October 28th, compared with market expectations of a 0.367 million barrel increase, the latest US Energy Information Administration report showed. Also, gasoline stocks declined by 1.257 million, less than market expectations of a 1.358 million draw. On the other hand, crude stocks at Cushing, Oklahoma, went up by 1.267 million barrels, following a 0.667 million build; and distillate stockpiles, which include diesel and heating oil, increased by 0.427 million, versus forecasts for a 0.56 million drop. 2022-11-02T14:36:00"
Humana earnings above expectations at 6.88 USD,Earnings,"Humana earnings above expectations at 6.88 USDUnited States EarningsHumana (HUM) released earnings per share at 6.88 USD, compared to market expectations of 6.26 USD.2022-11-02T11:15:02.847"
Estée Lauder earnings above expectations at 1.43 USD,Earnings,"Estée Lauder earnings above expectations at 1.43 USDUnited States EarningsEstée Lauder (EL) released earnings per share at 1.43 USD, compared to market expectations of 1.33 USD.2022-11-02T11:15:00.697"
CVS Health earnings above expectations at 2.09 USD,Earnings,"CVS Health earnings above expectations at 2.09 USDUnited States EarningsCVS Health (CVS) released earnings per share at 2.09 USD, compared to market expectations of 2.00 USD.2022-11-02T11:14:59.053"
US Mortgage Applications Continue to Fall: MBA,Mortgage Applications,"US Mortgage Applications Continue to Fall: MBAUnited States Mortgage ApplicationsMortgage applications in the US edged 0.5% lower in the week ending October 28th, it's sixth consecutive decline, with the purchase index falling 0.8% while the refinancing one increased 0.2%, data from the Mortgage Bankers Association (MBA) showed. The 30-year mortgage rate fell 10bps to 7.06%, the first decline in eleven weeks, but holding close to levels not seen since 2001. Mortgage applications are now 41% lower than a year earlier and refinancing operations 85% below its 2021 level. 2022-11-02T11:07:00"
Dollar Eases as Fed Decision Looms,Currency,"Dollar Eases as Fed Decision LoomsUnited States CurrencyThe dollar index eased below 111.5 on Wednesday, struggling to gain traction as investors stayed on the sidelines ahead of a highly-anticipated Federal Reserve policy decision. While the Fed is widely expected to raise interest rates by another 75 basis points on Wednesday, markets will focus on its forward guidance amid recent speculations that it could slow the pace of rate hikes from December. Meanwhile, better-than-expected ISM manufacturing data and JOLTS numbers signaled that previous rate increases have yet to dampen the economic momentum, keeping the Fed on course to remain aggressive. The dollar weakened across the board, with the most pronounced selling activity against the yen amid concerns about another currency intervention and as Bank of Japan Governor Haruhiko Kuroda hinted at a potential shift in the yield curve control policy.2022-11-02T04:06:49.97"
Prudential Financial earnings below expectations at 2.13 USD,Earnings,"Prudential Financial earnings below expectations at 2.13 USDUnited States EarningsPrudential Financial (PRU) released earnings per share at 2.13 USD, compared to market expectations of 2.15 USD.2022-11-01T21:24:35.987"
Electronic Arts EA earnings below expectations at 1.07 USD,Earnings,"Electronic Arts EA earnings below expectations at 1.07 USDUnited States EarningsElectronic Arts EA (EA) released earnings per share at 1.07 USD, compared to market expectations of 1.36 USD.2022-11-01T20:24:00.983"
AIG earnings above expectations at 0.66 USD,Earnings,"AIG earnings above expectations at 0.66 USDUnited States EarningsAIG (AIG) released earnings per share at 0.66 USD, compared to market expectations of 0.65 USD.2022-11-01T20:23:58.853"
Devon Energy earnings meet market expectations at 2.18 USD,Earnings,"Devon Energy earnings meet market expectations at 2.18 USDUnited States EarningsDevon Energy (DVN) released earnings per share at 2.18 USD, in line with market expectations.2022-11-01T20:23:56.717"
Public Storage earnings above expectations at 4.13 USD,Earnings,"Public Storage earnings above expectations at 4.13 USDUnited States EarningsPublic Storage (PSA) released earnings per share at 4.13 USD, compared to market expectations of 2.69 USD.2022-11-01T20:23:54.58"
McKesson earnings above expectations at 6.06 USD,Earnings,"McKesson earnings above expectations at 6.06 USDUnited States EarningsMcKesson (MCK) released earnings per share at 6.06 USD, compared to market expectations of 6.05 USD.2022-11-01T20:23:52.437"
Mondelez International earnings above expectations at 0.74 USD,Earnings,"Mondelez International earnings above expectations at 0.74 USDUnited States EarningsMondelez International (MDLZ) released earnings per share at 0.74 USD, compared to market expectations of 0.69 USD.2022-11-01T20:23:50.29"
Advanced Micro Devices earnings below expectations at 0.67 USD,Earnings,"Advanced Micro Devices earnings below expectations at 0.67 USDUnited States EarningsAdvanced Micro Devices (AMD) released earnings per share at 0.67 USD, compared to market expectations of 0.68 USD.2022-11-01T20:23:47.833"
10-Year Treasury Yield Consolidates Above 4%,Government Bond 10Y,"10-Year Treasury Yield Consolidates Above 4%United States Government Bond 10YThe US 10-year Treasury yield, the benchmark for borrowing costs worldwide, consolidated above 4% as investors digested a slew of economic data while reassessing the outlook for monetary policy ahead of an eagerly anticipated interest rate decision by the Federal Reserve. Better-than-expected ISM Manufacturing PMI and JOLTs Job Openings figures throw a little cold water on expectations that an imminent pivot is on the horizon. The US central bank will likely announce a fourth straight 75 basis point rate increase on Wednesday as it seeks to bring inflation back to its 2% target. However, investors have been hoping that the Fed could slow the pace of policy rate increases later this year amid mounting evidence that tighter financial conditions are already impacting the economy while fuelling concerns about a recession. 2022-11-01T15:18:00"
Construction Spending in the US Unexpectedly Rebounds,Construction Spending,"Construction Spending in the US Unexpectedly ReboundsUnited States Construction SpendingConstruction spending in the US unexpectedly increased 0.2% month-over-month in September of 2022, rebounding from a downwardly revised 0.6% fall in August and beating market forecasts of a 0.5% drop. Spending on private construction went up 0.4%, led by a 1% surge in investment in nonresidential structures, namely for manufacturing (7.6%) and office (0.1%). Investment in residential construction was unchanged, with spending on single-family projects dropping 2.6% while outlays on multi-family housing projects increased 0.3%. Public investment on the other hand, fell 0.4% as educational construction was virtually unchanged while highway construction surged 1.7%.2022-11-01T15:17:49.82"
Dallas Fed Services Index Lowest since July 2020,Dallas Fed Services Index,"Dallas Fed Services Index Lowest since July 2020United States Dallas Fed Services IndexThe Dallas Fed General Business Activity index for services in Texas fell to -13.6 in October of 2022, the lowest reading since July of 2020, from -5.4 in September, pointing to worsening perceptions of broader business conditions as uncertainty continued to increase. The company outlook index also fell to 9.1 from -1.4 and the outlook uncertainty index increased 13 points to 27.6.2022-11-01T15:04:21.353"
"Dollar Pares Losses after ISM, JOLTS",Currency,"Dollar Pares Losses after ISM, JOLTSUnited States CurrencyThe dollar index cut losses to trade slightly higher at 111.7 on Tuesday, after falling to 110.7 early in the session, as the ISM manufacturing reading and the JOLTS number topped market forecasts, in a sign the US economy remains resilient, thus easing bets the Fed will need to pivot. The central bank is widely expected to deliver another 75bps rate hike tomorrow but many analysts were hoping the Fed would signal a slowdown in the pace of interest rates increases, with some expecting a smaller 50bps hike in December. 2022-11-01T14:40:00"
US Job Quits Fall in September,Job Quits,"US Job Quits Fall in SeptemberUnited States Job QuitsThe number of job quits in the United States declined by 123,000 from a month earlier to 4.06 million in September 2022. Quits decreased in construction (-56,000); transportation, warehousing, and utilities (-35,000); and durable goods manufacturing (-28,000). Quits increased in state and local government, excluding education (+15,000). The so-called quits rate, which measures voluntary job leavers as a share of total employment, was 2.7 percent for the third month in a row, slightly down from a record high of 3.0 percent seen at the end of 2021.2022-11-01T14:11:00"
US Factory Activity Avoids Contraction: S&P Global,Manufacturing PMI,"US Factory Activity Avoids Contraction: S&P Global United States Manufacturing PMIThe S&P Global US Manufacturing PMI was revised higher to 50.4 in October of 2022 from a preliminary of 49.9, but still pointed to the slowest growth in factory activity since the sector contracted in the second quarter of 2020. Production rose at a marginal rate helped by easing supplier bottlenecks, while new orders declined the most in almost two-and-a-half years due to greater client hesitancy amid marked inflation. Also, new export sales dropped sharply as dollar strength and challenging economic conditions across key export markets dampened foreign demand. Elsewhere, employment rose only modestly, due to cost-cutting measures, uncertainty regarding future demand, and lower production requirements. On the price front, rates of input price and output charge inflation softened again, but remained high overall. Finally, business confidence weakened to the lowest since May 2020.2022-11-01T13:49:00"
Wall Street Extends Gains,Stock Market,"Wall Street Extends Gains United States Stock MarketThe Dow added over 200 points on Tuesday, the first trading day of November, while the S&P 500 and Nasdaq rose over 1% each amid speculation that the Federal Reserve will signal a slower pace of future interest rate hikes amid a deteriorating outlook for growth. All eyes now turn to the Fed monetary policy announcement on Wednesday, with markets pricing in a 75 bps interest rate hike and anticipating that Chair Jerome Powell will hint at a relaxation of monetary tightening. On the corporate side, Uber skyrocketed more than 10% after the company beat Wall Street estimates for revenue while offering strong guidance. 2022-11-01T13:32:54.297"
Simon Property Group earnings above expectations at 2.97 USD,Earnings,"Simon Property Group earnings above expectations at 2.97 USDUnited States EarningsSimon Property Group (SPG) released earnings per share at 2.97 USD, compared to market expectations of 2.93 USD.2022-11-01T12:42:31.1"
Enterprise Products Partners earnings above expectations at 0.63 USD,Earnings,"Enterprise Products Partners earnings above expectations at 0.63 USDUnited States EarningsEnterprise Products Partners (EPD) released earnings per share at 0.63 USD, compared to market expectations of 0.61 USD.2022-11-01T12:42:07.16"
Sysco earnings below expectations at 0.97 USD,Earnings,"Sysco earnings below expectations at 0.97 USDUnited States EarningsSysco (SYY) released earnings per share at 0.97 USD, compared to market expectations of 0.99 USD.2022-11-01T12:16:05.613"
Ecolab earnings below expectations at 1.30 USD,Earnings,"Ecolab earnings below expectations at 1.30 USDUnited States EarningsEcolab (ECL) released earnings per share at 1.30 USD, compared to market expectations of 1.32 USD.2022-11-01T12:16:03.467"
KKR & Co LP earnings above expectations at 0.93 USD,Earnings,"KKR & Co LP earnings above expectations at 0.93 USDUnited States EarningsKKR & Co LP (KKR) released earnings per share at 0.93 USD, compared to market expectations of 0.87 USD.2022-11-01T11:15:14.11"
Phillips 66 earnings above expectations at 6.46 USD,Earnings,"Phillips 66 earnings above expectations at 6.46 USDUnited States EarningsPhillips 66 (PSX) released earnings per share at 6.46 USD, compared to market expectations of 4.83 USD.2022-11-01T11:15:11.927"
Thomson Reuters USA earnings above expectations at 0.57 USD,Earnings,"Thomson Reuters USA earnings above expectations at 0.57 USDUnited States EarningsThomson Reuters USA (TRI) released earnings per share at 0.57 USD, compared to market expectations of 0.50 USD.2022-11-01T11:15:09.79"
Uber earnings below expectations at -0.61 USD,Earnings,"Uber earnings below expectations at -0.61 USDUnited States EarningsUber (UBER) released earnings per share at -0.61 USD, compared to market expectations of -0.18 USD.2022-11-01T11:15:07.643"
Marathon Petroleum earnings above expectations at 7.81 USD,Earnings,"Marathon Petroleum earnings above expectations at 7.81 USDUnited States EarningsMarathon Petroleum (MPC) released earnings per share at 7.81 USD, compared to market expectations of 6.66 USD.2022-11-01T11:15:05.45"
Pfizer earnings above expectations at 1.78 USD,Earnings,"Pfizer earnings above expectations at 1.78 USDUnited States EarningsPfizer (PFE) released earnings per share at 1.78 USD, compared to market expectations of 1.44 USD.2022-11-01T11:15:01.123"
Eli Lilly earnings above expectations at 1.98 USD,Earnings,"Eli Lilly earnings above expectations at 1.98 USDUnited States EarningsEli Lilly (LLY) released earnings per share at 1.98 USD, compared to market expectations of 1.91 USD.2022-11-01T11:14:59.42"
US 10-Year Treasury Yield Dips Below 4%,Government Bond 10Y,"US 10-Year Treasury Yield Dips Below 4%United States Government Bond 10YThe US 10-year Treasury yield, the benchmark for borrowing costs worldwide, bottomed below 4% as investors reassessed the outlook for monetary policy ahead of an eagerly anticipated interest rate decision by the Federal Reserve. The US central bank will likely announce a fourth straight 75 basis point rate increase on Wednesday as it seeks to bring inflation back to its 2% target. Still, speculation grows about a policy pivot in December amid mounting evidence that tighter financial conditions are already impacting the economy while fuelling concerns about a recession. Still, treasury yields remain close to their highest since June 2008, as the Federal Reserve has already raised its fed fund futures by 300 basis points since March, one of the fastest moves in history.2022-11-01T09:48:48.553"
Dollar Eases as Risk Sentiment Improves,Currency,"Dollar Eases as Risk Sentiment ImprovesUnited States CurrencyThe dollar index slipped below 111 on Tuesday, easing from a one-week high hit in the previous session as risk sentiment improved, with equities and commodity-linked currencies surging higher. Still, the greenback was kept supported as persistent inflationary pressures in the US reinforced expectations that the Federal Reserve will remain aggressive in its tightening campaign. Analysts also pointed out that the US economy proved more resilient than anticipated even in the face of slowing global growth, supporting bets for further monetary tightening. The Fed is widely expected to hike rates by another 75 basis points this week, though markets will be looking for guidance on its future tightening plans as a dovish surprise could weigh on the dollar.  2022-11-01T04:26:00"
Arista Networks earnings above expectations at 1.25 USD,Earnings,"Arista Networks earnings above expectations at 1.25 USDUnited States EarningsArista Networks (ANET) released earnings per share at 1.25 USD, compared to market expectations of 1.04 USD.2022-10-31T20:24:27.957"
Aflac earnings below expectations at 1.15 USD,Earnings,"Aflac earnings below expectations at 1.15 USDUnited States EarningsAflac (AFL) released earnings per share at 1.15 USD, compared to market expectations of 1.24 USD.2022-10-31T20:24:23.67"
Stryker earnings below expectations at 2.12 USD,Earnings,"Stryker earnings below expectations at 2.12 USDUnited States EarningsStryker (SYK) released earnings per share at 2.12 USD, compared to market expectations of 2.23 USD.2022-10-31T20:24:21.97"
US Equities Fall as Investors Await Fed Decision,Stock Market,"US Equities Fall as Investors Await Fed Decision United States Stock MarketThe Dow Jones declined over 120 points on Monday, while the S&P 500 and the Nasdaq lost 0.5% and 1%, respectively, as investors reassessed the outlook for growth and monetary policy. The ongoing earnings season has offered mixed signs about the health of the world's largest economy, with mega-cap names including Meta, Microsoft, Amazon, and Alphabet reporting disappointing results. Uber, Pfizer, and Advanced Micro Devices are the most prominent names to post results this week. At the same time, the Federal Reserve is on track to hike interest rates by 75 basis points on Wednesday for the fourth time this year as the central bank seeks to tame inflation. Still, speculation grows that the US central bank will slow the pace of policy rate increases later this year. The Dow gained about 14% in October, 
its best monthly gain since 1976. The S&P 500 and Nasdaq increased 8% and 4%, respectively, snapping a two-month losing streak.2022-10-31T20:01:19.25"
Chicago PMI Falls in October,Chicago PMI,"Chicago PMI Falls in OctoberUnited States Chicago PMIThe Chicago PMI in the United States decreased to 45.20 points in October from 45.70 points in September of 2022. It is the lowest reading since June of 2020, below market forecasts of 47.2022-10-31T15:58:37.03"
US Stocks Under Pressure,Stock Market,"US Stocks Under PressureUnited States Stock MarketThe Dow Jones declined almost 100 points on Monday, while the S&P 500 and the Nasdaq lost 0.5% and 1%, respectively, as investors reassessed the outlook for growth and monetary policy. The ongoing earnings season has offered mixed signs about the health of the world's largest economy, with mega-caps names including Meta, Microsoft, Amazon, and Alphabet reporting disappointing results. Uber, Pfizer, and Advanced Micro Devices are the most prominent names to post results this week. At the same time,  the Federal Reserve is on track to hike interest rates by 75 basis points on Wednesday for the fourth time this year as the central bank seeks to tame inflation. Still, speculation grows that the US central bank will slow the pace of policy rate increases later this year. The Dow is currently up 13% in October, heading for its best monthly gain since 1976. The S&P 500 and Nasdaq are up roughly 8% and 4%, respectively, on track to snap a two-month losing streak.
2022-10-31T13:42:00"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open LowerUnited States Stock MarketStock futures contracts tied to the three major indices were down roughly 0.5% on Monday, the last trading day of October, as investors reassessed the outlook for growth and monetary policy. The world's largest economy has shown signs that it remains resilient despite a slowdown in consumer and business spending and a decline in investment in residential housing. At the same time, underlying inflation pressures continued to pressure, keeping the Federal Reserve on track to hike interest rates by 75 basis points for the fourth time this year. Still, speculation grows that the US central bank would slow the pace of policy rate increases later this year, with Wall Street looking for such a signal from the statement or Chair Jerome Powell's press conference. The Dow is currently up 14.4%  in October, heading for its best monthly gain since 1976. The S&P 500 and Nasdaq are up 8.8% and 5%, respectively, on track to snap a two-month losing streak. 2022-10-31T13:06:00"
Emerson Electric earnings above expectations at 1.53 USD,Earnings,"Emerson Electric earnings above expectations at 1.53 USDUnited States EarningsEmerson Electric (EMR) released earnings per share at 1.53 USD, compared to market expectations of 1.39 USD.2022-10-31T12:38:13.88"
Dollar Holds Firm as Fed Meeting Looms,Currency,"Dollar Holds Firm as Fed Meeting LoomsUnited States CurrencyThe dollar index broke above 111 on Monday, holding a recent advance as robust consumer spending and persistent inflationary pressures in the US supported the case for the Federal Reserve to remain aggressive in its tightening campaign. The central bank is widely expected to hike rates by another 75 basis points this week, though markets will be looking for any dovish hints from Fed Chair Jerome Powell’s speech after the meeting. Data released last week also showed that the US economy expanded more than expected in the third quarter after two straight quarters of contraction, highlighting the US economy’s resilience in the face of slowing global growth, which is driving haven demand for the dollar. Meanwhile, traders will also be watching monetary decisions from other major central banks this week, including the Bank of England and the Reserve Bank of Australia.2022-10-31T05:44:00"
NextEra Energy earnings above expectations at 0.85 USD,Earnings,"NextEra Energy earnings above expectations at 0.85 USDUnited States EarningsNextEra Energy (NEE) released earnings per share at 0.85 USD, compared to market expectations of 0.79 USD.2022-10-29T00:19:31.34"
AbbVie earnings above expectations at 3.66 USD,Earnings,"AbbVie earnings above expectations at 3.66 USDUnited States EarningsAbbVie (ABBV) released earnings per share at 3.66 USD, compared to market expectations of 3.56 USD.2022-10-29T00:19:24.99"
Colgate-Palmolive earnings meet market expectations at 0.74 USD,Earnings,"Colgate-Palmolive earnings meet market expectations at 0.74 USDUnited States EarningsColgate-Palmolive (CL) released earnings per share at 0.74 USD, in line with market expectations.2022-10-29T00:19:03.093"
Charter Communications earnings below expectations at 7.51 USD,Earnings,"Charter Communications earnings below expectations at 7.51 USDUnited States EarningsCharter Communications (CHTR) released earnings per share at 7.51 USD, compared to market expectations of 8.36 USD.2022-10-29T00:19:00.95"
Chevron earnings above expectations at 5.66 USD,Earnings,"Chevron earnings above expectations at 5.66 USDUnited States EarningsChevron (CVX) released earnings per share at 5.66 USD, compared to market expectations of 4.83 USD.2022-10-29T00:18:58.847"
Exxon Mobil earnings above expectations at 4.45 USD,Earnings,"Exxon Mobil earnings above expectations at 4.45 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 4.45 USD, compared to market expectations of 3.67 USD.2022-10-29T00:18:58.753"
US Consumer Sentiment Revised Higher,Consumer Confidence,"US Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised higher to 59.9 in October of 2022 from a preliminary of 59.8. The current conditions subindex was revised higher to 65.6 from 65.3 while the gauge for expectations was confirmed at 56.2. The median expected year-ahead inflation rate rose to 5.0%, with increases reported across age, income, and education. Last month, long run inflation expectations fell below the narrow 2.9-3.1% range for the first time since July 2021, but since then expectations have reverted to 2.9%. Uncertainty over inflation expectations remains elevated, indicating that inflation expectations are likely to remain unstable in the months ahead.2022-10-28T14:09:00"
US Pending Home Sales Tank in September,Pending Home Sales MoM,"US Pending Home Sales Tank in SeptemberUnited States Pending Home Sales MoMPending home sales in the US slumped by 10.2% month-over-month in September of 2022, the third consecutive decline and the steepest since April of 2020. Pending home sales fell for a third month in a row in the Northeast (-16.3%), the Midwest (-8.8%), and the South (-11.7%), while the West (-8.1%) slumped after a marginal increase in the prior month. ""Persistent inflation has proven quite harmful to the housing market. The Federal Reserve has had to drastically raise interest rates to quell inflation, which has resulted in far fewer buyers and even fewer sellers”, said NAR Chief Economist Lawrence Yun. Year-over-year, pending home sales tumbled by 31%.
2022-10-28T14:03:00"
US Q3 Labor Costs Rise 1.2%,Employment Cost Index,"US Q3 Labor Costs Rise 1.2%United States Employment Cost IndexCompensation costs for civilian workers in the US increased 1.2 percent on quarter in the three months to September 2022, following a 1.3 percent rise in the previous period and mostly in line with market expectations. Wages and salaries rose 1.3 percent, while benefit costs increased 1.0 percent from June 2022. Year-on-year, compensation costs for civilian workers grew by 5.0 percent in the third quarter, the same as in the previous period. 
2022-10-28T13:26:01.743"
US Core CPI Rises Less than Expected,Core PCE Price Index Annual Change,"US Core CPI Rises Less than ExpectedUnited States Core PCE Price Index Annual ChangeThe core PCE annual rate, which is the Federal Reserve’s preferred gauge of inflation, rose to 5.1 percent from 4.9 percent in the prior month, below expectations of 5.2 percent.2022-10-28T12:43:28.327"
US PCE Inflation Steadies in September,PCE Price Index Annual Change,"US PCE Inflation Steadies in SeptemberUnited States PCE Price Index Annual ChangeThe personal consumption expenditure price index in the United States increased 6.2 percent year-on-year in September of 2022, the same as in August. Prices for goods increased 8.1 percent and prices for services increased 5.3 percent. Food prices increased 11.9 percent and energy prices increased 20.3 percent. Excluding food and energy, the PCE price index increased 5.1 percent from one year ago. 2022-10-28T12:42:34.22"
US Core PCE Inflation Steady in September,Core PCE Price Index MoM,"US Core PCE Inflation Steady in SeptemberUnited States Core PCE Price Index MoMCore PCE prices in the US, which exclude food and energy, went up by 0.5 percent month-over-month in September of 2022, the same as in August and in line with market expectations. The annual rate, the Federal Reserve’s preferred gauge of inflation, rose to 5.1 percent from 4.9 percent, below expectations of 5.2 percent.2022-10-28T12:37:00"
US Personal Income Rises More than Forecast,Personal Income,"US Personal Income Rises More than ForecastUnited States Personal IncomePersonal income in the United States rose by 0.4 percent from a month earlier in September 2022, the same pace as in August and slightly above market expectations of 0.3 percent, primarily due to increases in compensation and personal income receipts on assets. Compensation of employees rose 0.5 percent (vs 0.3 percent in August), led by private wages and salaries (0.6 percent vs 0.3 percent). Within private wages and salaries, both services-producing industries and goods-producing industries increased. In addition, personal income receipts on assets were up 0.4 percent, the same pace as in August, reflecting increases in both interest (0.6 percent vs 0.5 percent) and dividend income (0.3 percent vs 0.2 percent).2022-10-28T12:32:00"
US 10-Year Treasury Yield Rockets Above 4%,Government Bond 10Y,"US 10-Year Treasury Yield Rockets Above 4% United States Government Bond 10YThe US 10-year Treasury note yield bounced back above the 4% mark as investors digested the latest GDP reading while reassessing the outlook for monetary policy. The first estimate of third-quarter GDP showed that the economy grew by 2.6%, above market expectations of 2.4%, and returning to growth after two consecutive quarters of decline. Still, the report showed that consumer and business spending faltered amid stubbornly high inflation and tighter financial conditions. On the policy side, Federal Reserve is still expected to increase its key rate by 75bps in November. However, speculation grows that policymakers are considering slowing down the pace of interest-rate hikes later this year amid intensifying macro headwinds. Meanwhile, a series of hot inflation in developed economies, notably Germany, France, and Italy, also rattled bond investors. Germany's 10-year Bund yield, the European benchmark, rose above 2.1%. 2022-10-28T11:38:27.773"
Dollar Set for Second Straight Weekly Loss,Currency,"Dollar Set for Second Straight Weekly LossUnited States CurrencyThe dollar index steadied around 110.8 on Friday but was still set to decline for the second straight week, pressured by growing expectations that the Federal Reserve will turn less aggressive soon. The Fed is widely expected to deliver its fourth straight 75 basis point rate increase in November, though markets started to speculate that it would slow the pace of rate hikes after that amid concerns about overtightening. Meanwhile, the greenback jumped 0.8% on Thursday after data showed that the US economy expanded 2.6% YoY in the third quarter, exceeding forecasts for a 2.4% growth and rebounding from two consecutive quarters of economic contraction. Elsewhere, investors reacted to the European Central Bank's decision to raise rates by another 75 basis points, while the Bank of Japan maintained its policy of ultra-low interest rates in a widely expected move.2022-10-28T03:14:00"
Pioneer Natural Resources earnings above expectations at 7.48 USD,Earnings,"Pioneer Natural Resources earnings above expectations at 7.48 USDUnited States EarningsPioneer Natural Resources (PXD) released earnings per share at 7.48 USD, compared to market expectations of 7.43 USD.2022-10-28T00:32:46.937"
Vertex Pharmaceuticals earnings above expectations at 4.01 USD,Earnings,"Vertex Pharmaceuticals earnings above expectations at 4.01 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 4.01 USD, compared to market expectations of 3.62 USD.2022-10-27T22:27:50.117"
Edwards Lifesciences earnings below expectations at 0.61 USD,Earnings,"Edwards Lifesciences earnings below expectations at 0.61 USDUnited States EarningsEdwards Lifesciences (EW) released earnings per share at 0.61 USD, compared to market expectations of 0.62 USD.2022-10-27T21:26:33.713"
Apple earnings above expectations at 1.29 USD,Earnings,"Apple earnings above expectations at 1.29 USDUnited States EarningsApple (AAPL) released earnings per share at 1.29 USD, compared to market expectations of 1.26 USD.2022-10-27T21:26:32.007"
Arthur J. Gallagher earnings above expectations at 1.97 USD,Earnings,"Arthur J. Gallagher earnings above expectations at 1.97 USDUnited States EarningsArthur J. Gallagher (AJG) released earnings per share at 1.97 USD, compared to market expectations of 1.66 USD.2022-10-27T20:25:45.973"
Capital One Financial earnings below expectations at 4.20 USD,Earnings,"Capital One Financial earnings below expectations at 4.20 USDUnited States EarningsCapital One Financial (COF) released earnings per share at 4.20 USD, compared to market expectations of 5.11 USD.2022-10-27T20:25:43.873"
Dexcom earnings above expectations at 0.28 USD,Earnings,"Dexcom earnings above expectations at 0.28 USDUnited States EarningsDexcom (DXCM) released earnings per share at 0.28 USD, compared to market expectations of 0.24 USD.2022-10-27T20:25:41.807"
Republic Services earnings above expectations at 1.34 USD,Earnings,"Republic Services earnings above expectations at 1.34 USDUnited States EarningsRepublic Services (RSG) released earnings per share at 1.34 USD, compared to market expectations of 1.22 USD.2022-10-27T20:25:39.72"
L3Harris Technologies Inc earnings below expectations at 3.26 USD,Earnings,"L3Harris Technologies Inc earnings below expectations at 3.26 USDUnited States EarningsL3Harris Technologies Inc (LHX) released earnings per share at 3.26 USD, compared to market expectations of 3.41 USD.2022-10-27T20:25:37.627"
Gilead Sciences earnings above expectations at 1.90 USD,Earnings,"Gilead Sciences earnings above expectations at 1.90 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 1.90 USD, compared to market expectations of 1.52 USD.2022-10-27T20:25:35.537"
Intel earnings above expectations at 0.59 USD,Earnings,"Intel earnings above expectations at 0.59 USDUnited States EarningsIntel (INTC) released earnings per share at 0.59 USD, compared to market expectations of 0.34 USD.2022-10-27T20:25:33.44"
T-Mobile Us earnings above expectations at 0.40 USD,Earnings,"T-Mobile Us earnings above expectations at 0.40 USDUnited States EarningsT-Mobile Us (TMUS) released earnings per share at 0.40 USD, compared to market expectations of 0.39 USD.2022-10-27T20:25:33.347"
Amazon earnings above expectations at 0.28 USD,Earnings,"Amazon earnings above expectations at 0.28 USDUnited States EarningsAmazon (AMZN) released earnings per share at 0.28 USD, compared to market expectations of 0.22 USD.2022-10-27T20:25:30.383"
Kansas Fed Manufacturing Index at 30-Month Low,Kansas Fed Manufacturing Index,"Kansas Fed Manufacturing Index at 30-Month LowUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production Index fell to -22 in October of 2022 from 2 in the previous month, the lowest since April of 2020. The slower pace in factory growth in October was driven by decreased activity in computer and electronic, wood, primary metals, and plastics and rubber manufacturing. Most month-over-month indexes decreased in October, except for supplier delivery time and finished goods inventories. Year-over-year factory indexes continued to decrease in October, and the composite index slowed from 30 to 24. The future composite index dropped from 9 to -1 in October, with the future production, new orders, order backlog, employee workweek, new orders for exports, supplier delivery time, and finished goods inventories indexes also moving into negative territory. 2022-10-27T15:06:46.79"
DXY Rebounds,Currency,"DXY ReboundsUnited States CurrencyThe dollar index regained ground to trade above 110 on Thursday, recovering from its lowest level in over a month, after data showed the US economy remains resilient despite rising interest rates. The US economy grew an annualized 2.6% on quarter in the three months to September of 2022, more than market expectations of 2.4% and rebounding from a contraction in the first half of the year. The data comes against growing expectations that the Federal Reserve could pivot in December to prevent overtightening, after hiking rates for the fourth time by 75 bps in November. Elsewhere, the ECB delivered a second 75 bps rate hike as expected, and signaled more increases.2022-10-27T12:38:00"
US 10-Year Treasury Yield Retreats after GDP,Government Bond 10Y,"US 10-Year Treasury Yield Retreats after GDPUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell to the below the 4% mark, extending its retreat from the over 14-year high of 4.3% touched on October 24 as investors digested fresh GDP figures and their impact on the Federal Reserve’s guidance. The US economy expanded by 2.6% on a quarterly basis in Q3, surpassing estimates of a 2.4% growth. Still, increasing hopes of a dovish pivot by the Federal Reserve maintained the downward pressure in Treasury yields. The US central bank is expected to increase its funds rate by 75bps in its November meeting, but reports that policymakers are starting to consider overtightening risks ramped up bets that the December rate hike could be at a slower 50bps. 2022-10-27T12:36:00"
US Durable Goods Orders Top Expectations,Durable Goods Orders,"US Durable Goods Orders Top ExpectationsUnited States Durable Goods OrdersNew orders for the US manufactured durable goods increased 0.4% mom in September of 2022, following an upwardly revised 0.2% gain in August and beating market expectations for a 0.2% advance. New orders were up six of the last seven months. Excluding transportation, new orders decreased 0.5 percent. Excluding defense, new orders increased 1.4 percent. Transportation equipment, up five of the last six months, drove the increase, $1.9 billion or 2.1 percent to $95.4 billion.2022-10-27T12:33:00"
PG&E earnings above expectations at 0.29 USD,Earnings,"PG&E earnings above expectations at 0.29 USDUnited States EarningsPG&E (PCG) released earnings per share at 0.29 USD, compared to market expectations of 0.18 USD.2022-10-27T12:16:17.777"
Mastercard earnings above expectations at 2.68 USD,Earnings,"Mastercard earnings above expectations at 2.68 USDUnited States EarningsMastercard (MA) released earnings per share at 2.68 USD, compared to market expectations of 2.57 USD.2022-10-27T12:16:16.133"
American Electric Power earnings above expectations at 1.62 USD,Earnings,"American Electric Power earnings above expectations at 1.62 USDUnited States EarningsAmerican Electric Power (AEP) released earnings per share at 1.62 USD, compared to market expectations of 1.55 USD.2022-10-27T11:15:42.933"
Keurig Dr Pepper earnings meet market expectations at 0.46 USD,Earnings,"Keurig Dr Pepper earnings meet market expectations at 0.46 USDUnited States EarningsKeurig Dr Pepper (KDP) released earnings per share at 0.46 USD, in line with market expectations.2022-10-27T11:15:40.86"
Fiserv earnings below expectations at 1.63 USD,Earnings,"Fiserv earnings below expectations at 1.63 USDUnited States EarningsFiserv (FISV) released earnings per share at 1.63 USD, compared to market expectations of 1.70 USD.2022-10-27T11:15:38.77"
Southern Co. earnings above expectations at 1.35 USD,Earnings,"Southern Co. earnings above expectations at 1.35 USDUnited States EarningsSouthern Co. (SO) released earnings per share at 1.35 USD, compared to market expectations of 1.30 USD.2022-10-27T11:15:36.66"
Northrop Grumman earnings below expectations at 5.89 USD,Earnings,"Northrop Grumman earnings below expectations at 5.89 USDUnited States EarningsNorthrop Grumman (NOC) released earnings per share at 5.89 USD, compared to market expectations of 6.11 USD.2022-10-27T11:15:34.53"
Altria earnings below expectations at 1.28 USD,Earnings,"Altria earnings below expectations at 1.28 USDUnited States EarningsAltria (MO) released earnings per share at 1.28 USD, compared to market expectations of 1.30 USD.2022-10-27T11:15:32.44"
American Tower earnings above expectations at 1.80 USD,Earnings,"American Tower earnings above expectations at 1.80 USDUnited States EarningsAmerican Tower (AMT) released earnings per share at 1.80 USD, compared to market expectations of 1.13 USD.2022-10-27T11:15:30.28"
S&P Global Inc earnings above expectations at 2.93 USD,Earnings,"S&P Global Inc earnings above expectations at 2.93 USDUnited States EarningsS&P Global Inc (SPGI) released earnings per share at 2.93 USD, compared to market expectations of 2.81 USD.2022-10-27T11:15:28.18"
Caterpillar earnings above expectations at 3.95 USD,Earnings,"Caterpillar earnings above expectations at 3.95 USDUnited States EarningsCaterpillar (CAT) released earnings per share at 3.95 USD, compared to market expectations of 3.17 USD.2022-10-27T11:15:26.067"
Honeywell International earnings above expectations at 2.25 USD,Earnings,"Honeywell International earnings above expectations at 2.25 USDUnited States EarningsHoneywell International (HON) released earnings per share at 2.25 USD, compared to market expectations of 2.16 USD.2022-10-27T11:15:23.99"
Comcast earnings above expectations at 0.96 USD,Earnings,"Comcast earnings above expectations at 0.96 USDUnited States EarningsComcast (CMCSA) released earnings per share at 0.96 USD, compared to market expectations of 0.90 USD.2022-10-27T11:15:21.89"
McDonalds earnings above expectations at 2.68 USD,Earnings,"McDonalds earnings above expectations at 2.68 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 2.68 USD, compared to market expectations of 2.59 USD.2022-10-27T11:15:19.73"
Merck & Co earnings above expectations at 1.85 USD,Earnings,"Merck & Co earnings above expectations at 1.85 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 1.85 USD, compared to market expectations of 1.75 USD.2022-10-27T11:15:18.043"
Dollar Bounces Off One-Month Low,Currency,"Dollar Bounces Off One-Month LowUnited States CurrencyThe dollar index managed to regain some ground above the 110 mark, recovering from its lowest level in over a month, as investors paused to assess the outlook for monetary policy ahead of third-quarter US GDP data. Lacklustre earnings from big tech companies added to recent soft economic data and raised hopes that the Federal Reserve could be less aggressive later this year. Expectations for a possible pivot increased further after the Bank of Canada reduced the pace of its rate hikes for a second consecutive month on Wednesday. Investors also cautiously awaited policy decisions from the European Central Bank and the Bank of Japan this week. The most pronounced buying activity was against the euro and the British pound. 2022-10-27T10:42:00"
Dollar Holds Decline on Less Hawkish Fed Bets,Currency,"Dollar Holds Decline on Less Hawkish Fed BetsUnited States CurrencyThe dollar index held below 110 on Thursday after sliding more than 2% in the prior two sessions to its lowest in over a month, amid growing expectations that the Federal Reserve would start slowing the pace of interest rate hikes later this year. Investors also cautiously awaited policy decisions from the European Central Bank and the Bank of Japan this week. The Fed is widely expected to deliver its fourth straight 75 basis point rate increase in November, though markets started to speculate that it would turn less aggressive in December amid concerns about overtightening and its impact on growth. Meanwhile, IMF Managing Director Kristalina Gerogieva called on central banks to keep raising interest rates further to fight inflation until they hit a “neutral” level. The dollar held at multi-week lows against the euro, sterling and antipodean currencies, while easing further from historic highs against the yen and yuan.2022-10-27T04:30:00"
US Futures Edge Up Despite Tech Woes,Stock Market,"US Futures Edge Up Despite Tech WoesUnited States Stock MarketUS stock futures edged higher on Thursday as investors digested mixed earnings results, with megacap technology names so far disappointing market expectations. Futures contracts tied to the three major indexes were all trading in positive territory. In extended trading, Facebook-parent Meta Platforms sank 20% after missing third quarter earnings estimates and offering weak guidance for the fourth quarter. Meanwhile, ServiceNow, KLA Corp. and Teladoc Health all gained in late trading on strong quarterly results. In regular trading on Wednesday, the Dow inched up 0.01%, while the S&P 500 and Nasdaq Composite dropped 0.74% and 2.04%, respectively. Those moves came as disappointing quarterly reports from Alphabet and Microsoft weighed on the technology sector, while an overall gloomy forward guidance added to growing fears of a global economic slowdown. Still, expectations that the Federal Reserve will turn less aggressive later this year kept markets supported.2022-10-27T00:00:00"
O'Reilly Automotive earnings above expectations at 9.17 USD,Earnings,"O'Reilly Automotive earnings above expectations at 9.17 USDUnited States EarningsO'Reilly Automotive (ORLY) released earnings per share at 9.17 USD, compared to market expectations of 8.47 USD.2022-10-26T22:38:53.507"
KLA-Tencor earnings above expectations at 7.06 USD,Earnings,"KLA-Tencor earnings above expectations at 7.06 USDUnited States EarningsKLA-Tencor (KLAC) released earnings per share at 7.06 USD, compared to market expectations of 6.22 USD.2022-10-26T20:37:01.177"
Ford Motor earnings below expectations at 0.30 USD,Earnings,"Ford Motor earnings below expectations at 0.30 USDUnited States EarningsFord Motor (F) released earnings per share at 0.30 USD, compared to market expectations of 0.32 USD.2022-10-26T20:36:59.027"
ServiceNow earnings above expectations at 1.96 USD,Earnings,"ServiceNow earnings above expectations at 1.96 USDUnited States EarningsServiceNow (NOW) released earnings per share at 1.96 USD, compared to market expectations of 1.85 USD.2022-10-26T20:36:56.807"
Facebook | Meta earnings below expectations at 1.64 USD,Earnings,"Facebook | Meta earnings below expectations at 1.64 USDUnited States EarningsFacebook | Meta (FB) released earnings per share at 1.64 USD, compared to market expectations of 1.93 USD.2022-10-26T20:36:53.497"
US Tech Shares Plummet on Sour Alphabet and Microsoft Earnings,Stock Market,"US Tech Shares Plummet on Sour Alphabet and Microsoft EarningsUnited States Stock MarketThe Nasdaq fell over 2%, while the Dow finished flat, and the S&P 500 declined more than 0.7% as disappointing results from Microsoft and Alphabet sent shockwaves through the tech sector and raised concerns about slowing economic growth. Google-parent Alphabet lost over 9%, its worst day since March 2020, after reporting gloomy ad sales and offering sour guidance for the advertising business. Microsoft dropped over 7% after the tech giant posted its lowest sales growth in five years. Meanwhile, the Dow traded near the flatline, trying to hold gains from the previous 3 sessions on speculation that the Federal Reserve will slow down its aggressive tightening. Today, the Bank of Canada unexpectedly curbed the pace of rate increases with a hike of 50bps instead of the expected 75bps, adding to market bets that the Federal Reserve could do the same later this year.2022-10-26T20:00:00"
General Dynamics earnings above expectations at 3.26 USD,Earnings,"General Dynamics earnings above expectations at 3.26 USDUnited States EarningsGeneral Dynamics (GD) released earnings per share at 3.26 USD, compared to market expectations of 3.16 USD.2022-10-26T17:27:42.933"
Tech Stocks Fall on Weak Earnings,Stock Market,"Tech Stocks Fall on Weak EarningsUnited States Stock MarketThe Nasdaq was down more than 2% and S&P 500 declined more than 0.5% as disappointing results from Microsoft and Alphabet sent shockwaves through the tech sector and raised concerns about slowing economic growth. Google-parent Alphabet lost as much as 8%, its worst day since March 2020, after reporting gloomy ad sales and offering sour guidance for the advertising business. Microsoft dropped 6% after the tech giant posted its lowest sales growth in five years. Meanwhile, the Dow was trading near the flatline, trying to hold gains from the previous 3 sessions on speculation that the Federal Reserve will slow down its aggressive tightening. Today, the Bank of Canada unexpectedly curb the pace of rate increases, adding to market bets that the Federal Reserve could do the same later this year. 2022-10-26T17:10:00"
Dollar Index Hits Five-Week Low,currency,"Dollar Index Hits Five-Week LowUnited States currencyThe dollar index weakened below the 110 mark, a level not seen in five weeks, on speculation that the Federal Reserve would slow the pace of interest rate hikes later this year amid mounting evidence of a sharp economic slowdown. Adding to expectations of a possible pivot was the Bank of Canada's decision to curb the pace of rate increases, and to deliver a smaller-than-expected 50 bps rate hike. Aside from the policy side, soft US economic data signaled that stubbornly high inflation and tighter financial conditions are already impacting the world's largest economy. This dollar's weakness was seen across the board, with some of the most pronounced selling activity against currencies such as the Australian and New Zealand dollars. The greenback also came under heavy selling pressure against the Chinese yuan amid reports of government intervention in currency markets.2022-10-26T15:09:00"
US Crude Stocks Rise More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 2.558 million barrels in the week ended October 21st, compared with market expectations of a 1.029-million-barrel increase, the latest US Energy Information Administration report showed. Also, crude stocks at Cushing, Oklahoma, went up by 0.667 million barrels, following a 0.583 million build; and distillate stockpiles, which include diesel and heating oil, increased by 0.17 million, versus forecasts for a 1.138 million drop. On the other hand, gasoline stocks fell by 1.478 million, more than market expectations of a 0.805 million draw. 2022-10-26T14:38:34.74"
US Building Permits Unrevised in September,Building Permits,"US Building Permits Unrevised in SeptemberUnited States Building PermitsBuilding permits in the US, a proxy for future construction, went up 1.4% month-over-month to an annualized 1.564 million in September of 2022, in line with preliminary estimates. Approvals of units in the multi-family segment were revised up to 0.694 million from 0.692 million in earlier estimates and 0.642 million in August; while permits of single family unites were revised down to 0.870 million from 0.872 million and compared to 0.900 million in August. Permits rose in the Midwest (3.4% vs 4% in early estimates), the South (2.5% vs 3.1%) and the West (0.8% vs 0.3%) but fell in the Northeast (-6.5% vs -9.4%).2022-10-26T12:38:00"
US Goods Gap Rises to 3-Month High,Goods Trade Balance,"US Goods Gap Rises to 3-Month HighUnited States Goods Trade BalanceThe trade gap on goods in the US widened to a three-month high of $92.2 billion in September of 2022, compared to a $87.3 billion deficit in August. Exports went down 1.5% to $177.6 billion, with sales of food, feeds and beverages (-14%) and industrial supplies (-3.1%) recording the biggest decrease. Meanwhile, imports were up 0.8% to $269.85 billion, led by purchases of capital goods (4.4%), consumer goods (1.4%) and autos (1.9%). 2022-10-26T12:35:00"
US Wholesale Inventories Grow Less than Expected,Wholesale Inventories,"US Wholesale Inventories Grow Less than ExpectedUnited States Wholesale InventoriesWholesale inventories in the US rose by 0.8 percent month-over-month to $921.7 billion in September of 2022, below estimates of a 1 percent rise and easing from the upwardly revised 1.4 percent increase in the prior month. Still, it marked the 26th consecutive month of growth in inventories, as stocks rose for both durable goods (1.1 percent vs 1.5 percent in August) and non-durable goods (0.4 percent vs 1.3 percent). On an annual basis, wholesale inventories grew by 24.5 percent in September.2022-10-26T12:32:00"
Hess earnings below expectations at 1.89 USD,Earnings,"Hess earnings below expectations at 1.89 USDUnited States EarningsHess (HES) released earnings per share at 1.89 USD, compared to market expectations of 2.14 USD.2022-10-26T12:28:47.387"
Amphenol earnings above expectations at 0.80 USD,Earnings,"Amphenol earnings above expectations at 0.80 USDUnited States EarningsAmphenol (APH) released earnings per share at 0.80 USD, compared to market expectations of 0.75 USD.2022-10-26T12:28:45.27"
Norfolk Southern earnings above expectations at 4.10 USD,Earnings,"Norfolk Southern earnings above expectations at 4.10 USDUnited States EarningsNorfolk Southern (NSC) released earnings per share at 4.10 USD, compared to market expectations of 3.61 USD.2022-10-26T12:28:43.127"
Boeing earnings below expectations at -6.18 USD,Earnings,"Boeing earnings below expectations at -6.18 USDUnited States EarningsBoeing (BA) released earnings per share at -6.18 USD, compared to market expectations of 0.18 USD.2022-10-26T12:28:41.483"
Mortgage Applications Fall as Rates Hit 2001-Highs,Mortgage Applications,"Mortgage Applications Fall as Rates Hit 2001-HighsUnited States Mortgage ApplicationsMortgage applications in the US fell 1.7% in the week ending October 21st, it's fifth consecutive decline, as borrowing costs continue to rise, with the 30-year mortgage rate jumping 22bps to 7.16%, the highest reading since 2001, data from the Mortgage Bankers Association (MBA) showed. Mortgage application activity is now at its slowest pace since 1997. The purchase index went down 2.3% and applications to refinance a home loan were unchanged.2022-10-26T11:07:00"
Hilton Worldwide earnings above expectations at 1.31 USD,Earnings,"Hilton Worldwide earnings above expectations at 1.31 USDUnited States EarningsHilton Worldwide (HLT) released earnings per share at 1.31 USD, compared to market expectations of 1.24 USD.2022-10-26T10:14:41.707"
Thermo Fisher Scientific earnings above expectations at 5.08 USD,Earnings,"Thermo Fisher Scientific earnings above expectations at 5.08 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 5.08 USD, compared to market expectations of 4.81 USD.2022-10-26T10:14:40.373"
Bristol-Myers Squibb earnings above expectations at 1.99 USD,Earnings,"Bristol-Myers Squibb earnings above expectations at 1.99 USDUnited States EarningsBristol-Myers Squibb (BMY) released earnings per share at 1.99 USD, compared to market expectations of 1.82 USD.2022-10-26T09:13:10.857"
DXY Hits Three-Week Low,Currency,"DXY Hits Three-Week Low United States CurrencyThe dollar index weakened towards the 110 mark, a level not seen in three weeks, as speculation that the Federal Reserve would slow the pace of interest rate hikes later this year amid mounting evidence of a sharp economic slowdown spooked investors away from the greenback. Data showing US private sector activity contracted for the fourth consecutive month in October supported such a stance, as it signaled that tighter financial conditions are already impacting the economy. On top of that, the S&P CoreLogic Case-Shiller index showed home-price growth in the US slowed the most on record as soaring rates have drained demand. This dollar's weakness was seen across the board, with some of the most pronounced selling activity against currencies such as the Australian and New Zealand dollars. The greenback also came under heavy selling pressure against the Chinese yuan amid reports of government intervention in currency markets.2022-10-26T08:04:40.547"
Dollar Pressured by Bets for Less Hawkish Fed,Currency,"Dollar Pressured by Bets for Less Hawkish FedUnited States CurrencyThe dollar index stabilized around 111 on Wednesday after losing 1% in the previous session, but remained under pressure from growing expectations that the US Federal Reserve will turn less aggressive in the coming months. After delivering a widely expected 75 basis point rate hike in November, Fed officials are likely to consider a smaller increase in December amid concerns about overtightening, the WSJ reported on Friday. Soft US data this week signaling that previous rate hikes are already having an impact on the economy supported such a view. The dollar held at multi-week lows against the euro, sterling and antipodean currencies, though it remained near multi-decade highs against the yen and the yuan.2022-10-26T03:42:00"
US Futures Fall as Tech Stocks Slump,Stock Market,"US Futures Fall as Tech Stocks SlumpUnited States Stock MarketUS stock futures fell on Wednesday, with tech-heavy Nasdaq 100 futures losing 2% as investors digested disappointing quarterly updates from big technology companies. S&P 500 futures also dropped 1%, while Dow futures lost 0.3%. In extended trading, Google-parent Alphabet slumped about 7% on weaker-than-expected earnings and revenue as the firm grappled with slowing online ad spending. Microsoft also tumbled 7% after reporting softer cloud revenue and offering a weak guidance, dragging Amazon shares with it which dropped 4%. In regular trading on Tuesday, the Dow gained 1.07%, the S&P 500 climbed 1.63% and the Nasdaq Composite jumped 2.25%. Those moves came as Treasury yields retreated sharply, with the benchmark US 10-year yield pulling back to 4.1% after hitting a 15-year high of 4.33% last week. Soft US data reinforced expectations that the Federal Reserve would soon slow the pace of rate increases.2022-10-25T23:32:00"
Enphase Energy earnings above expectations at 1.25 USD,Earnings,"Enphase Energy earnings above expectations at 1.25 USDUnited States EarningsEnphase Energy (ENPH) released earnings per share at 1.25 USD, compared to market expectations of 1.09 USD.2022-10-25T21:25:50.443"
Chubb earnings below expectations at 3.17 USD,Earnings,"Chubb earnings below expectations at 3.17 USDUnited States EarningsChubb (CB) released earnings per share at 3.17 USD, compared to market expectations of 3.19 USD.2022-10-25T21:25:47.707"
Chipotle Mexican Grill earnings above expectations at 9.51 USD,Earnings,"Chipotle Mexican Grill earnings above expectations at 9.51 USDUnited States EarningsChipotle Mexican Grill (CMG) released earnings per share at 9.51 USD, compared to market expectations of 9.17 USD.2022-10-25T20:24:54.877"
Texas Instruments earnings above expectations at 2.45 USD,Earnings,"Texas Instruments earnings above expectations at 2.45 USDUnited States EarningsTexas Instruments (TXN) released earnings per share at 2.45 USD, compared to market expectations of 2.39 USD.2022-10-25T20:24:50.333"
Visa earnings above expectations at 1.93 USD,Earnings,"Visa earnings above expectations at 1.93 USDUnited States EarningsVisa (V) released earnings per share at 1.93 USD, compared to market expectations of 1.87 USD.2022-10-25T20:24:48.223"
Alphabet earnings below expectations at 1.06 USD,Earnings,"Alphabet earnings below expectations at 1.06 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 1.06 USD, compared to market expectations of 1.28 USD.2022-10-25T20:24:46.033"
Microsoft earnings above expectations at 2.35 USD,Earnings,"Microsoft earnings above expectations at 2.35 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 2.35 USD, compared to market expectations of 2.32 USD.2022-10-25T20:24:44.347"
"US Equities Gain as Yields Fall, Earnings Beat",Stock Market,"US Equities Gain as Yields Fall, Earnings Beat United States Stock MarketThe blue-chip Dow rose more than 300 points on Tuesday, and the S&P 500 and Nasdaq added 1.7% and 2.0%, respectively, as investors welcomed a slew of upbeat earnings results while fading Treasury yields brought some respite to growth stocks. The US 10 Year yield lost almost 15bps as home prices declined for the second straight week. On the corporate side, General Motors rose almost 4% after the automaker reported better-than-expected third-quarter results while offering a positive outlook for the rest of the year. United Parcel Service also reported results that surprised investors on the upside and reaffirmed its full-year forecast. Microsoft and Google-parent Alphabet are due to release their earnings results today after the bell, while Apple, Meta, and Amazon.com report later in the week. Aside from a busy week for corporate America, investors will also be looking for economic data that could support the case for a slowdown in the pace of interest rate hikes.2022-10-25T19:56:00"
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketUSNDX increased to a 4-week high of 116612022-10-25T16:20:57.077
Dollar Extends Downside Momentum,Currency,"Dollar Extends Downside Momentum United States CurrencyThe dollar index weakened below the 111 mark, a level not seen in almost three weeks, as speculation that the Federal Reserve would slow the pace of interest rate hikes later this year boosted appetite for riskier bets while diminishing the US currency's appeal. Data showing US private sector activity contracted for the fourth consecutive month in October supported such a stance, as it signaled that tighter financial conditions are already impacting the economy. This dollar's weakness was seen across the board, with some of the most pronounced selling activity against the British pound as investors welcomed Rishi Sunak as the new UK prime minister. 2022-10-25T14:20:23.45"
US Fifth District Services Index Falls in October,Richmond Fed Services Index,"US Fifth District Services Index Falls in OctoberUnited States Richmond Fed Services IndexThe Service Sector Activity Index in the US fifth district fell notably to -8 in October of 2022 from 0 in September. The demand index also decreased to -7, nearly returning to their August levels. Firms’ assessments of local business conditions plummeted from September, with a reading of - 19 in October. Moreover, a burgeoning share of firms were pessimistic about future business conditions, as the expected business conditions index slid to -28 from -9, nearly matching the -31 reading in July. A smaller share of firms reported increased hiring in October, but their ability to find workers with the necessary skills improved. Firms were split on the issue of labor availability over the next six months and expect wage increases to persist. Growth in prices paid decreased very slightly in October, while prices received increased somewhat.2022-10-25T14:09:20.423"
Global Bond Yields Retreat,Government Bond 10Y,"Global Bond Yields RetreatUnited States Government Bond 10YBond yields in the US and Europe were falling on Tuesday, as investors were hoping that the impact of high-interest rates on economic growth will force central banks to slow down monetary tightening. The yield on the 10-year Treasury note was down by around 15 bps to 4.08%. Meanwhile, Britain's 10-year gilt fell for a 2nd session to 3.6% as markets hoped new PM Sunak could offer more predictability and stability.2022-10-25T14:07:44.81"
Manufacturing Activity in 5th District Contracts Most since 2020,Richmond Fed Manufacturing Index,"Manufacturing Activity in 5th District Contracts Most since 2020United States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district fell to -10 in October of 2022 from 0 in in September, the lowest since May of 2022, as two of its three component indexes deteriorated notably. The indexes for shipments and volume of new orders fell from 14 and -11 in September to -3 and -22 in October, respectively. The third component, the employment index, remained unchanged at 0 in October, as hiring challenges persisted. The average growth rate of prices paid and prices received both increased again in October, after moderating in September. Expectations for both over the next 12 months also increased slightly from September.2022-10-25T14:05:16.73"
Wall Street Extends Gains,Stock Market,"Wall Street Extends Gains United States Stock MarketThe blue-chip Dow rose more than 200 points on Tuesday, and the S&P 500 and Nasdaq added 1.4% and 1.9%, respectively, as investors welcomed a slew of upbeat earnings results while fading Treasury yields brought some respite to growth stocks. On the corporate side, General Motors rose almost 4% after the automaker reported better-than-expected third-quarter results while offering a positive outlook for the rest of the year. United Parcel Service also reported results that surprised investors on the upside and reaffirmed its full-year forecast. Microsoft and Google-parent Alphabet are due to release their earnings results today after the bell, while Apple, Meta, and Amazon.com report later in the week. Aside from a busy week for corporate America, investors will also be looking for economic data that could support the case for a slowdown in the pace of interest rate hikes. 2022-10-25T13:38:00"
US Home Prices Fall for 2nd Month,House Price Index MoM,"US Home Prices Fall for 2nd MonthUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US fell 0.7 percent from a month earlier in August of 2022. For the nine census divisions, monthly house price changes ranged from -2.0 percent in the Mountain division to +0.4 percent in the New England division.  On a yearly basis, house prices rose 11.9 percent, the least since December 2020 and following a 13.9 percent advance in the previous month. The 12-month changes were all positive, ranging from +7.4 percent in the Pacific division to +16.2 percent in the South Atlantic division. “U.S. house prices declined in August at a similar pace to the previous month. This is the first time since March 2011 that the index has seen two consecutive months of decline.” said Will Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics.2022-10-25T13:08:55.11"
Kimberly Clark earnings below expectations at 1.40 USD,Earnings,"Kimberly Clark earnings below expectations at 1.40 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 1.40 USD, compared to market expectations of 1.46 USD.2022-10-25T12:16:24.533"
Illinois Tool Works earnings above expectations at 2.35 USD,Earnings,"Illinois Tool Works earnings above expectations at 2.35 USDUnited States EarningsIllinois Tool Works (ITW) released earnings per share at 2.35 USD, compared to market expectations of 2.25 USD.2022-10-25T12:16:22.433"
Moody's earnings below expectations at 1.85 USD,Earnings,"Moody's earnings below expectations at 1.85 USDUnited States EarningsMoody's (MCO) released earnings per share at 1.85 USD, compared to market expectations of 2.10 USD.2022-10-25T11:15:32.673"
Archer-Daniels Midland earnings above expectations at 1.86 USD,Earnings,"Archer-Daniels Midland earnings above expectations at 1.86 USDUnited States EarningsArcher-Daniels Midland (ADM) released earnings per share at 1.86 USD, compared to market expectations of 1.39 USD.2022-10-25T11:15:30.567"
Valero Energy earnings below expectations at 7.14 USD,Earnings,"Valero Energy earnings below expectations at 7.14 USDUnited States EarningsValero Energy (VLO) released earnings per share at 7.14 USD, compared to market expectations of 7.33 USD.2022-10-25T11:15:28.473"
General Motors earnings above expectations at 2.25 USD,Earnings,"General Motors earnings above expectations at 2.25 USDUnited States EarningsGeneral Motors (GM) released earnings per share at 2.25 USD, compared to market expectations of 1.89 USD.2022-10-25T11:15:26.387"
Sherwin-Williams earnings above expectations at 2.83 USD,Earnings,"Sherwin-Williams earnings above expectations at 2.83 USDUnited States EarningsSherwin-Williams (SHW) released earnings per share at 2.83 USD, compared to market expectations of 2.59 USD.2022-10-25T11:15:24.25"
3M earnings above expectations at 2.69 USD,Earnings,"3M earnings above expectations at 2.69 USDUnited States Earnings3M (MMM) released earnings per share at 2.69 USD, compared to market expectations of 2.62 USD.2022-10-25T11:15:22.153"
General Electric earnings below expectations at 0.35 USD,Earnings,"General Electric earnings below expectations at 0.35 USDUnited States EarningsGeneral Electric (GE) released earnings per share at 0.35 USD, compared to market expectations of 0.50 USD.2022-10-25T11:15:20.047"
Raytheon Technologies Corp earnings above expectations at 1.21 USD,Earnings,"Raytheon Technologies Corp earnings above expectations at 1.21 USDUnited States EarningsRaytheon Technologies Corp (RTX) released earnings per share at 1.21 USD, compared to market expectations of 1.14 USD.2022-10-25T11:15:19.92"
Coca-Cola earnings above expectations at 0.69 USD,Earnings,"Coca-Cola earnings above expectations at 0.69 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.69 USD, compared to market expectations of 0.64 USD.2022-10-25T11:15:16.287"
Centene earnings above expectations at 1.30 USD,Earnings,"Centene earnings above expectations at 1.30 USDUnited States EarningsCentene (CNC) released earnings per share at 1.30 USD, compared to market expectations of 1.23 USD.2022-10-25T10:14:24.877"
United Parcel Service earnings above expectations at 2.99 USD,Earnings,"United Parcel Service earnings above expectations at 2.99 USDUnited States EarningsUnited Parcel Service (UPS) released earnings per share at 2.99 USD, compared to market expectations of 2.86 USD.2022-10-25T10:14:21.643"
Dollar Pressured by Bets on Slower Fed Hikes,Currency,"Dollar Pressured by Bets on Slower Fed HikesUnited States CurrencyThe dollar index held below 112 on Tuesday, hovering near its lowest levels in almost three weeks, pressured by growing expectations that the US Federal Reserve would slow the pace of interest rate hikes soon. After delivering a widely expected 75 basis point rate hike in November, Fed officials are likely to consider a smaller increase in December amid concerns about overtightening, the WSJ reported on Friday. Data showing US private sector activity contracted for the fourth straight month in October supported such a stance, as it signaled  that tighter financial conditions are already having an impact on the economy. The greenback lost some ground against the New Zealand and Australian dollars as risk sentiment improved, and it also weakened against the sterling as Rishi Sunak is set to become UK’s next prime minister. Elsewhere, the dollar was little changed against the euro and the yen ahead of their respective central banks’ policy meetings this week.2022-10-25T03:57:00"
US Futures Steady Ahead of Big Tech Earnings,Stock Market,"US Futures Steady Ahead of Big Tech EarningsUnited States Stock MarketUS stock futures held steady on Tuesday after the major averages advanced for the second straight session, while investors cautiously awaited a slew of potentially market-moving earnings reports from big technology companies. Futures contracts tied to the three major indexes shifted between small gains and losses. In extended trading, Amazon shares dipped slightly on reports of a hiring freeze, while Cadence Design Systems rose on an upbeat earnings report. In regular trading on Monday, the Dow advanced 1.34% to close at its highest level in six weeks, while the S&P 500 and Nasdaq Composite gained 1.19% and 0.86%, respectively. US stocks built on Friday’s gains after a WSJ report suggested that some Federal Reserve officials are concerned about overtightening. Investors now brace for the earnings season kicking into higher gear, with five of the biggest tech firms by revenue, including Apple, Microsoft, Alphabet, Amazon and Meta Platforms, among those reporting this week.2022-10-25T00:04:00"
Cadence Design Systems earnings above expectations at 1.06 USD,Earnings,"Cadence Design Systems earnings above expectations at 1.06 USDUnited States EarningsCadence Design Systems (CDNS) released earnings per share at 1.06 USD, compared to market expectations of 0.96 USD.2022-10-24T20:25:22.867"
US Equities Gain as Investors Await Earnings Reports,Stock Market,"US Equities Gain as Investors Await Earnings ReportsUnited States Stock MarketThe blue-chip Dow and S&P 500 advanced 1.3% each on Monday, and the tech-heavy Nasdaq added roughly 1.1% as investors reassessed the outlook for monetary policy while awaiting another slew of earnings reports. Market participants welcomed a report from the Wall Street Journal last week that hinted some Fed officials are concerned about overtightening. San Francisco Fed President Mary Daly was among those who have this view, saying that the central bank should start discussing the potential of a smaller rate hike in December. On top of that, the US economy is showing clear signs of a slowdown, with business activity contracting the most since June 2020. Investors now brace for the earnings season kicking into higher gear, with five of the biggest tech firms by revenue, including Apple, Microsoft, Alphabet, Amazon.com, and Meta Platforms, among those reporting this week.2022-10-24T20:04:00"
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketUS500 increased to a 4-week high of 38042022-10-24T18:57:20.307
US Factory Activity Unexpectedly Contracts,Manufacturing PMI,"US Factory Activity Unexpectedly ContractsUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI fell to 49.9 in October of 2022 from 52 in September, well below market forecasts of 51 and marking the sector’s first contraction since June of 2020. New orders shrank, signaling a renewed decline in demand with manufacturers highlighting the impact of high inflation and stock building from earlier in the year. The rally for the dollar also pressured export demand to decline at the quickest pace since May 2020. Still, manufacturing output was seen marginally higher, pressuring backlogs of work to fall for the first time in over two years. Meanwhile, employment grew at a slower pace. On the price front, input costs accelerated after a four-month period of eased inflation, largely due to material shortages and higher wage bills. Looking forward, price pressure and expectations of higher interest rates drove the degree of confidence to be close to survey-lows. 2022-10-24T13:57:00.867"
US Service Sector Contraction Deepens in October,Services PMI,"US Service Sector Contraction Deepens in OctoberUnited States Services PMIThe S&P Global US Services PMI dropped to 46.6 in October 2022 from 49.3 in the previous month, and well below market forecasts of 49.2, a preliminary estimate showed. The latest reading signaled the second-fastest fall in business activity in almost two-and-a-half years, due to weak client demand and the impact of inflation and higher interest rates. New business fell for the second time in the last three months, with new export orders declining sharply due to challenging economic conditions in key export markets. At the same time, employment was down for the first time since June 2020, amid reports of non-replacement of voluntary leavers, alongside some reports of lay-offs. On the price front, both input and output cost inflation rates accelerated. Finally, business confidence fell to the weakest level since September 2020, as higher operating costs and client hesitancy weighed on optimism.2022-10-24T13:48:00"
Chicago Fed Activity Index Remains Stable,Chicago Fed National Activity Index,"Chicago Fed Activity Index Remains StableUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index held steady at +0.10 in September 2022, unchanged from the previous month's revised figure and pointing to a modest growth in overall economic activity. Production-related indicators contributed +0.07 to the CFNAI in September (vs -0.02 in August) due to a rebound in industrial activity, and employment-related indicators contributed +0.06 (vs -0.05 in August) as the unemployment rate declined to 3.5 percent, a 40-year low. On the other hand, the contribution of the sales, orders, and inventories category to the CFNAI decreased to -0.01 in September (vs +0.15 in August), while that of the personal consumption and housing category to the CFNAI edged down to -0.01 (vs +0.02 in August).2022-10-24T12:36:00"
US 10-Year Treasury Yield Eases on Fed Pivot Hopes,Government Bond 10Y,"US 10-Year Treasury Yield Eases on Fed Pivot HopesUnited States Government Bond 10YThe United States 10-year Treasury yield, the benchmark for borrowing costs worldwide, bottomed around 4%, moving further away from an over 14-year high of 4.3% reached last week, on hopes the Federal Reserve could slow down the pace of interest rate hikes later this year. Speculation about a possible policy pivot followed a report from the Wall Street Journal that hinted some Fed officials are concerned about overtightening. San Francisco Fed President Mary Daly echoed this view, saying that the central bank should start discussing the potential of a smaller rate hike in December. On top of that, soft US economic data signaled that stubbornly high inflation and tighter financial conditions are already impacting the economy while fuelling concerns about a recession. Still, treasury yields remain close to their highest since June 2008, as the Federal Reserve has already raised its fed fund futures by 300 basis points since March, one of the fastest moves in history.2022-10-24T10:18:00"
Dollar Recoups Some Losses,Currency,"Dollar Recoups Some LossesUnited States CurrencyThe dollar index rose above 112 on Monday, recouping some losses after a sharp fall in the previous session which was driven by speculations that the Federal Reserve would consider a slower pace of rate hikes and a suspected Japanese intervention to prop up the yen. After delivering a widely expected 75 basis point rate hike in November, Fed officials are likely to consider a smaller increase in December amid concerns about overtightening, the WSJ reported. The dollar weakened sharply against the euro, sterling and antipodean currencies following the news, though it is attempting to reverse those moves in today’s session. Meanwhile, the greenback has recovered about half of its losses against the yen after Japanese authorities likely intervened again in the currency market, with an FT report suggesting that the government spent about $30 billion on Friday in its efforts. Investors now await central bank decisions worldwide and a raft of US economic data.2022-10-24T05:31:00"
DXY Weakens Toward 112,Currency,"DXY Weakens Toward 112United States CurrencyThe dollar index pulled back toward 112 on Friday and was on course for a 0.8% weekly drop, as investors scaled back bets on aggressive monetary tightening after a WSJ report saying that some Fed officials are concerned about overtightening with large rate hikes. The Federal Reserve is still expected to lift the fed funds rate by 75 bps in November, the fourth straight rate hike of that magnitude, but the December increase could be smaller. Philadelphia Fed President Patrick Harker said the central bank is likely to raise rates to “well above” 4% this year and hold them at restrictive levels for a while.2022-10-21T17:35:58.793"
US Stocks Gain Traction in Afternoon Trading,Stock Market,"US Stocks Gain Traction in Afternoon TradingUnited States Stock MarketWall Street rallied after a muted start on Friday, with the Dow adding more than 600 points and both the S&P 500 and Nasdaq up around 1.5% as investors reassessed the outlook for monetary policy. The trigger for the abrupt upside move was a report from the WSJ that showed that some officials are signaling a desire to slow down the pace of the increase soon to gauge the impact of such tightening on growth. The market movement came in tandem with easing Treasury yields, which brought some respite to growth-oriented stocks. Still, volatility showed no signs of abating amid Friday’s $2 trillion options expiration. Meanwhile, a slew of negative quarterly results from corporate America capped gains. Snap crashed 30% after the company forecasted zero growth for the current quarter, triggering a selloff among other social media companies dependent on advertising revenue.2022-10-21T16:03:00"
Verizon earnings above expectations at 1.32 USD,Earnings,"Verizon earnings above expectations at 1.32 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.32 USD, compared to market expectations of 1.29 USD.2022-10-21T14:18:13.39"
US Stocks Turn Positive in Rollercoaster Session,Stock Market,"US Stocks Turn Positive in Rollercoaster Session United States Stock MarketWall Street recovered from a muted start on Friday, with the Dow adding more than 200 points and the S&P 500 and Nasdaq crossing into positive territory as investors reassessed the outlook for monetary policy. The trigger for the abrupt upside move was a report from the WSJ that showed that some officials are signaling a desire to slow down the pace of the increase soon to gauge the impact of such tightening on growth. The market movement came in tandem with easing Treasury yields, which brought some respite to growth-oriented stocks. Still, volatility showed no signs of abating amid Friday’s $2 trillion options expiration. Meanwhile, a slew of negative quarterly results from corporate America capped gains. Snap crashed 30% after the company forecasted zero growth for the current quarter, triggering a selloff among other social media companies dependent on advertising revenue.2022-10-21T14:11:00"
US Stocks Remain Under Pressure,Stock Market,"US Stocks Remain Under Pressure United States Stock MarketAll three major US stock indexes were trading around the flatline with negative bias on Friday as investors reassessed the outlook for monetary policy. Several hawkish speeches from Fed policymakers prompted money markets to price in a 5% peak policy rate in 2023, above the dot plot estimates of a terminal peak of 4.6%. Still, a report from the WSJ showed that some officials are signaling a desire to slow down the pace of the increase soon to gauge the impact on growth. On the earnings front, Snap crashed almost 30% after the company forecasted zero growth for the current quarter, triggering a selloff among other social media companies dependent on advertising revenue. Meanwhile, shares of Twitter dropped more than 4% on news that the Biden administration is debating whether the US should subject some of Elon Musk’s ventures to national-security reviews.2022-10-21T13:41:00"
Wall Street Set to Extend Losses,Stock Market,"Wall Street Set to Extend Losses United States Stock MarketUS stock futures tracking the broader market were down roughly 1% on Friday, putting Wall Street on track to extend its decline as investors grew worried about the impact of tightening financial conditions on economic growth and corporate profits. Several hawkish speeches from Fed policymakers prompted money markets to price in a 5% peak policy rate in 2023, above the dot plot estimates of a terminal peak of 4.6%. Prospects of rising interest rates pushed Treasury yields to levels not seen since the financial crisis, putting tech and other growth stocks under heavy pressure. On the earnings front, Snap crashed almost 30% in premarket trading after the company forecasted zero growth for the current quarter, triggering a selloff among other social media companies dependent on advertising revenue. Meanwhile, shares of Twitter dropped more than 6% on news that the Biden administration is debating whether the US should subject some of Elon Musk’s ventures to national-security reviews.2022-10-21T11:19:00"
HCA earnings above expectations at 3.93 USD,Earnings,"HCA earnings above expectations at 3.93 USDUnited States EarningsHCA (HCA) released earnings per share at 3.93 USD, compared to market expectations of 3.88 USD.2022-10-21T11:15:23.477"
American Express earnings above expectations at 2.47 USD,Earnings,"American Express earnings above expectations at 2.47 USDUnited States EarningsAmerican Express (AXP) released earnings per share at 2.47 USD, compared to market expectations of 2.41 USD.2022-10-21T11:15:19.297"
Dollar Gains as Strong Yields Support,Currency,"Dollar Gains as Strong Yields SupportUnited States CurrencyThe dollar index edged above 113 on Friday, supported by surging Treasury yields as investors proceeded to raise their projected peaks for US rates amid persistent inflationary pressures. A chorus of hawkish remarks from Federal Reserve officials also underpinned the currency, with Philadelphia Fed President Patrick Harker saying the central bank is likely to raise rates to “well above” 4% this year and hold them at restrictive levels for a while. Markets are currently priced for another 75 basis point rate hike next month, with some bets for a similar move in December. The dollar’s strength was seen across the board, with some of the most pronounced buying against risk-sensitive currencies such as the British pound and New Zealand and Australian dollars. The greenback also strengthened slightly against the euro, while scaling 32-year highs versus the yen.2022-10-21T05:18:33.95"
CSX earnings above expectations at 0.52 USD,Earnings,"CSX earnings above expectations at 0.52 USDUnited States EarningsCSX (CSX) released earnings per share at 0.52 USD, compared to market expectations of 0.50 USD.2022-10-20T20:24:43.607"
US Natural Gas Stocks Rise More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 111 billion cubic feet (bcf) of gas to storage during the week ended October 14th, above market expectations of a 105 bcf build due to mild weather and an increase in wind power. It compares with an increase of 91 in the same week last year and a five-year (2017-2021) average increase of 73 bcf.2022-10-20T14:32:20.94"
Wall Street Regains Traction,Stock Market,"Wall Street Regains Traction United States Stock MarketAll three major US stock indexes recovered from a weak start on Thursday, with the Dow rising more than 300 points while the S&P 500 and Nasdaq added roughly 1%, as investors welcomed another slew of upbeat earnings results. AT&T jumped almost 10% after the wireless carrier reported quarterly results that beat analysts' estimates. IBM rose nearly 5% after reporting earnings that beat forecasts. American Airlines also issued a third-quarter revenue forecast above expectations while joining rivals in forecasting resilient travel demand. Conversely, Tesla dropped more than 5% after the electric vehicle maker missed Wall Street's sales estimate and cut its vehicle-delivery target. On the economic side, the weekly jobless claims showed an unexpected drop in initial filings. Meantime, existing home sales in the US fell 1.5% to a seasonally adjusted annual rate of 4.71 million in September of 2022, the lowest since May 2020. 2022-10-20T14:25:00"
Wall Street Struggles to Make Headway,Stock Market,"Wall Street Struggles to Make Headway United States Stock MarketAll three major US stock indexes were trading around the flatline on Thursday, as persistent worries about inflation and fears that the Federal Reserve would need to stay aggressive sapped the optimism after recent earnings reports. Investors have grown increasingly concerned that the world's largest economy, facing headwinds from tight financial conditions and slowing consumer spending, will fall into recession in 2023. Still, corporate America has so far shown resilience. AT&T rose over 6% after the wireless carrier reported quarterly results that beat analysts' estimates. American Airlines is also up nearly 2% after issuing a third-quarter revenue forecast above expectations while joining rivals in forecasting resilient travel demand. Conversely, Tesla dropped more than 7% after the electric vehicle maker missed Wall Street's sales estimate and cut its vehicle-delivery target. 2022-10-20T13:38:00"
Freeport-McMoran earnings below expectations at 0.26 USD,Earnings,"Freeport-McMoran earnings below expectations at 0.26 USDUnited States EarningsFreeport-McMoran (FCX) released earnings per share at 0.26 USD, compared to market expectations of 0.32 USD.2022-10-20T12:16:25.823"
Union Pacific earnings above expectations at 3.19 USD,Earnings,"Union Pacific earnings above expectations at 3.19 USDUnited States EarningsUnion Pacific (UNP) released earnings per share at 3.19 USD, compared to market expectations of 3.08 USD.2022-10-20T12:16:24.193"
US Stock Futures Enjoy Some Respite,Stock Market,"US Stock Futures Enjoy Some Respite United States Stock MarketStock futures contracts tied to the three major indices were mostly up on Thursday, putting Wall Street on track to rebound as investors digested another slew of upbeat corporate results. AT&T rose almost 3% in premarket trading after the wireless carrier reported quarterly results that beat analysts' estimates. American Airlines is also up nearly 3% after issuing a third-quarter revenue forecast above expectations while joining rivals in forecasting resilient travel demand. Conversely, Tesla dropped more than 5% after the electric vehicle maker missed Wall Street's sales estimate and cut its vehicle-delivery target. Still, investors have grown increasingly concerned that the world's largest economy, facing headwinds from rising interest rates and slowing consumer spending, will fall into recession in 2023. In regular trading on Wednesday, the Dow fell 0.3%, the S&P 500 lost 0.7%, and the Nasdaq Composite dropped 0.9%,2022-10-20T11:40:00"
Dollar Momentum Weakens,Currency,"Dollar Momentum Weakens United States CurrencyThe dollar index weakened below the 113 mark on Thursday as investors paused to reassess the potential economic impact of the Federal Reserve's tightening campaign to tame stubbornly high inflation. Markets are currently priced for another 75 basis point rate hike in November, with a chorus of hawkish statements from US policymakers hinting at an even higher peak for rates despite looming signs that the US economy is slowing down. This dollar's weakness was seen across the board, but some of the most pronounced selling activity was against commodity-linked currencies such as the Australian and New Zealand dollars. Meanwhile, earlier this session, the dollar traded at its highest level against the Japanese yen in more than 30 years. 2022-10-20T11:18:00"
Marsh & McLennan Companies earnings above expectations at 1.18 USD,Earnings,"Marsh & McLennan Companies earnings above expectations at 1.18 USDUnited States EarningsMarsh & McLennan Companies (MMC) released earnings per share at 1.18 USD, compared to market expectations of 1.14 USD.2022-10-20T11:15:29.29"
Blackstone earnings above expectations at 1.06 USD,Earnings,"Blackstone earnings above expectations at 1.06 USDUnited States EarningsBlackstone (BX) released earnings per share at 1.06 USD, compared to market expectations of 0.98 USD.2022-10-20T11:15:27.177"
AT&T earnings above expectations at 0.68 USD,Earnings,"AT&T earnings above expectations at 0.68 USDUnited States EarningsAT&T (T) released earnings per share at 0.68 USD, compared to market expectations of 0.61 USD.2022-10-20T11:15:25.047"
Philip Morris International earnings above expectations at 1.53 USD,Earnings,"Philip Morris International earnings above expectations at 1.53 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.53 USD, compared to market expectations of 1.37 USD.2022-10-20T11:15:22.87"
Danaher earnings above expectations at 2.56 USD,Earnings,"Danaher earnings above expectations at 2.56 USDUnited States EarningsDanaher (DHR) released earnings per share at 2.56 USD, compared to market expectations of 2.26 USD.2022-10-20T11:15:20.757"
Dollar Tracks Treasury Yields Higher,Currency,"Dollar Tracks Treasury Yields HigherUnited States CurrencyThe dollar index rose above 113 on Thursday, extending gains for the second straight session, underpinned by a surge in Treasury yields amid bets that the Federal Reserve will push ahead with its aggressive tightening plans to bring down inflation despite mounting growth concerns. The benchmark US 10-year Treasury yield surged past 4.1% to its highest levels since June 2008, while the 2-year Treasury yield touched a 15-year high of 4.58%. Markets are currently priced for another 75 basis point rate hike next month, with a chorus of hawkish statements from US policymakers hinting at an even higher peak for rates bolstering such a view. The dollar’s strength was seen across the board, with some of the most pronounced buying activity against the Australian and New Zealand dollars as risk appetite dried up.2022-10-20T03:44:19.147"
Crown Castle International earnings below expectations at 0.97 USD,Earnings,"Crown Castle International earnings below expectations at 0.97 USDUnited States EarningsCrown Castle International (CCI) released earnings per share at 0.97 USD, compared to market expectations of 0.98 USD.2022-10-19T20:24:36.803"
US Crude Stocks Unexpectedly Fall: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Fall: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 1.725 million barrels in the week ended October 14th, compared with market expectations of a 1.38-million-barrel increase,  the latest US Energy Information Administration report showed. Also, gasoline stocks went down by 0.114 million, less than market expectations of a 1.114 million draw. On the other hand, distillate stockpiles, which include diesel and heating oil, increased by 0.124 million, versus forecasts for a 2.167 million drop. Crude stocks at Cushing, Oklahoma, rose by 0.583 million barrels, after a 0.309 million decrease.2022-10-19T14:34:00"
US Mortgage Demand Hits 25-Year Low,MBA Mortgage Market Index,"US Mortgage Demand Hits 25-Year LowUnited States MBA Mortgage Market IndexThe MBA Mortgage Market Index in the United States decreased by 4.5% to 204.6 points in the week ended October 14th, the lowest since 1997 as interest rates continue to rise. Applications to purchase a home loan went down 3.7% and the refinancing index dropped 6.8%, also the lowest since 1998.2022-10-19T14:09:00"
US Building Permits Top Expectations,Building Permits,"US Building Permits Top ExpectationsUnited States Building PermitsBuilding permits in the US, a proxy for future construction, went up 1.4% month-over-month to an annualized 1.564 million in September of 2022, beating market expectations of 1.53 million. Approvals of units in buildings with five units or more surged 8.2 percent to 644 thousand while single-family authorizations dropped 3.1 percent to 872 thousand units. Permits rose in the Midwest (4 percent to 210 thousand), the South (3.1 percent to 852 thousand) and the West (0.3 percent to 37 thousand) but fell in the Northeast (-9.4 percent to 125 thousand). 2022-10-19T12:34:00"
ProLogis earnings above expectations at 1.36 USD,Earnings,"ProLogis earnings above expectations at 1.36 USDUnited States EarningsProLogis (PLD) released earnings per share at 1.36 USD, compared to market expectations of 1.34 USD.2022-10-19T12:16:14.45"
Abbott earnings above expectations at 1.15 USD,Earnings,"Abbott earnings above expectations at 1.15 USDUnited States EarningsAbbott (ABT) released earnings per share at 1.15 USD, compared to market expectations of 0.95 USD.2022-10-19T12:16:12.24"
Travelers Companies earnings above expectations at 2.20 USD,Earnings,"Travelers Companies earnings above expectations at 2.20 USDUnited States EarningsTravelers Companies (TRV) released earnings per share at 2.20 USD, compared to market expectations of 1.83 USD.2022-10-19T11:15:20.397"
P&G earnings above expectations at 1.57 USD,Earnings,"P&G earnings above expectations at 1.57 USDUnited States EarningsP&G (PG) released earnings per share at 1.57 USD, compared to market expectations of 1.56 USD.2022-10-19T11:15:18.777"
US 10Y Bond Yield Hits 14-year High,Government Bond 10Y,US 10Y Bond Yield Hits 14-year HighUnited States Government Bond 10YUS 10 Year Government Bond Yield increased to a 14-year high of 4.0814%2022-10-19T08:16:31.863
Intuitive Surgical earnings above expectations at 1.19 USD,Earnings,"Intuitive Surgical earnings above expectations at 1.19 USDUnited States EarningsIntuitive Surgical (ISRG) released earnings per share at 1.19 USD, compared to market expectations of 1.12 USD.2022-10-18T20:24:46.357"
Netflix earnings above expectations at 3.10 USD,Earnings,"Netflix earnings above expectations at 3.10 USDUnited States EarningsNetflix (NFLX) released earnings per share at 3.10 USD, compared to market expectations of 2.18 USD.2022-10-18T20:24:44.653"
"US Equities March Upward, Give Up Morning Gains",Stock Market,"US Equities March Upward, Give Up Morning GainsUnited States Stock MarketUS equities continued their rebound Tuesday, with the Dow gaining over 300 points, while the S&P 500 and the Nasdaq added 1.1% and 0.9%, respectively. Much of the initial enthusiasm over upbeat earnings in the morning session faded, with the threats of soaring inflation, rising interest rates, and flagging growth curbing risk appetite. Goldman Sachs, up roughly 2%, joined other big US banks in reporting quarterly results that surprised markets on the upside, helping eclipse the current economic gloom. Johnson & Johnson also beat Wall Street's quarterly revenue and profit estimates. On the economic front, industrial production figures came in better than expected, signaling the resilience of the world's largest economy against growing macro headwinds. 2022-10-18T20:02:21.393"
US Capacity Utilization Highest in 14-Years,Capacity Utilization,"US Capacity Utilization Highest in 14-YearsUnited States Capacity UtilizationCapacity utilization in the United States moved up 0.2 percentage points to 80.34 percent in September 2022, above market expectations of 80.0 percent and 0.7 percentage points above its long-run average. It is the highest rate since March 2008. Meanwhile, the capacity utilization rate for non-durable goods manufacturing increased to 82.1%, the highest since 1998. 2022-10-18T16:48:08.19"
Wall Street Pares Gains,Stock Market,"Wall Street Pares Gains United States Stock MarketWall Street lost some traction in afternoon deals on Tuesday, with the Dow erasing a 600-point gain to bottom around 30,500 while the S&P 500 and the Nasdaq added a modest 1%. Much of the initial enthusiasm over upbeat earnings faded, with the threats of soaring inflation, rising interest rates, and flagging growth curbing risk appetite. Goldman Sachs, up roughly 3%, joined other big US banks in reporting quarterly results that surprised markets on the upside, helping eclipse the current economic gloom. Johnson & Johnson also beat Wall Street's quarterly revenue and profit estimates. On the economic front, industrial production figures came in better than expected, signaling the resilience of the world's largest economy against growing macro headwinds.2022-10-18T16:42:00"
US Manufacturing Production Growth Accelerates in September,Manufacturing Production,"US Manufacturing Production Growth Accelerates in SeptemberUnited States Manufacturing ProductionManufacturing production in the United States increased 4.7 percent year-on-year in September 2022, the largest advance since April, accelerating from an upwardly revised 3.5 percent growth in the previous month. The production of durable manufacturing jumped 6.0 percent (vs 4.4 percent in August), led by motor vehicles and parts (19.4 percent vs 10.3 percent), fabricated metal products (5.0 percent vs 4.1 percent), machinery (5.2 percent vs 4.9 percent), and aerospace and miscellaneous transportation equipment (9.2 percent vs 8.1 percent). Also, nondurable manufacturing increased 3.6 percent (vs 2.7 percent in August), boosted by the production of food, beverage, and tobacco products (3.3 percent vs 2.3 percent), and chemicals (4.4 percent vs 2.8 percent). On a monthly basis, manufacturing output rose 0.4 percent in September, beating market forecasts of 0.2 percent.2022-10-18T13:40:34.95"
US Industrial Production Growth Hits 5-Month High,Industrial Production,"US Industrial Production Growth Hits 5-Month HighUnited States Industrial ProductionIndustrial production in the United States increased 5.3 percent year-on-year in September 2022, the most since April, accelerating from an upwardly revised 3.9 percent advance in the previous month. Manufacturing output growth accelerated to 4.7 percent from 3.5 percent in August, due to a 6.0 percent jump in the production of durable manufacturing, led by motor vehicles and parts, fabricated metal products, machinery, and aerospace and miscellaneous transportation equipment. Also, nondurable manufacturing increased 3.6 percent, boosted by the production of food, beverage, and tobacco products, and chemicals. Mining output jumped 11.1 percent (8.7 percent), while utilities output moved up 0.5 percent as a 4.3 percent advance in natural gas production was partially offset by a 0.3 percent decline in electric output. On a monthly basis, industrial output rose 0.4 percent in September, beating market forecasts of 0.1 percent.2022-10-18T13:35:00"
Wall Street Rally Gains Steam,Stock Market,"Wall Street Rally Gains Steam United States Stock MarketThe Dow jumped almost 600 points on Tuesday, while the S&P 500 and Nasdaq added over 2% each as better-than-expected earnings results and lower valuations prompted investors to open new positions. Goldman Sachs, up more than 4%, joined other big US banks in reporting quarterly results that surprised markets on the upside, helping eclipse the current economic gloom. Johnson & Johnson also enjoyed some respite after beating Wall Street's quarterly revenue and profit estimates. Risk appetite has found additional support after the UK government withdrew from an unpopular package of tax cuts and government borrowing. On the economic front, industrial production figures came in better than expected, signaling the resilience of the world's largest economy against growing macro headwinds. 2022-10-18T13:32:00"
US Manufacturing Output Growth Tops Forecast,Manufacturing Production MoM,"US Manufacturing Output Growth Tops ForecastUnited States Manufacturing Production MoMManufacturing production in the United States rose 0.4% from a month earlier in September of 2022, the same as in August and above market expectations of a 0.2% gain. The indexes for durable and nondurable manufacturing rose 0.5% and 0.3%, respectively, while the index for other manufacturing (publishing and logging) fell 0.7%. Within durables, gains of at least 1% were recorded by nonmetallic mineral products, fabricated metal products, computer and electronic products, and motor vehicles and parts; miscellaneous manufacturing posted the only loss of at least 1%. Within nondurables, declines in paper and in printing and support were outweighed by gains in food, beverage, and tobacco products; apparel and leather; chemicals; and petroleum and coal products. Capacity utilization for manufacturing increased 0.3 percentage point in September to 80%, a rate that is 1.8 percentage points above its long-run average. Considering Q3, manufacturing output advanced 1.9%.2022-10-18T13:28:32.62"
Lockheed Martin earnings above expectations at 6.87 USD,Earnings,"Lockheed Martin earnings above expectations at 6.87 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 6.87 USD, compared to market expectations of 6.66 USD.2022-10-18T12:16:04.557"
Goldman Sachs earnings above expectations at 8.25 USD,Earnings,"Goldman Sachs earnings above expectations at 8.25 USDUnited States EarningsGoldman Sachs (GS) released earnings per share at 8.25 USD, compared to market expectations of 7.80 USD.2022-10-18T12:16:00.113"
Wall Street Set to Extend Gains,Stock Market,"Wall Street Set to Extend Gains United States Stock MarketStock futures contracts tied to the three major indices added 2% on Tuesday, putting Wall Street on track to extend gains as better-than-expected earnings results and lower valuations prompted investors to open new positions. Johnson & Johnson rallied over 1% in premarket trading after beating Wall Street's quarterly revenue and profit estimates. Big US banks, including JPMorgan and Bank of America, have also kicked off the quarterly earnings season on an upbeat note, helping eclipse the current economic gloom. Risk appetite has found additional support after the UK government withdrew from an unpopular package of tax cuts and government borrowing. In regular trading on Monday, the Dow and S&P 500 jumped 1.9% and 2.7%, respectively, while the tech-heavy Nasdaq Composite rallied 3.4% for its best one-day gains since July.2022-10-18T11:19:00"
J&J earnings above expectations at 2.55 USD,Earnings,"J&J earnings above expectations at 2.55 USDUnited States EarningsJ&J (JNJ) released earnings per share at 2.55 USD, compared to market expectations of 2.52 USD.2022-10-18T11:14:54.117"
Dollar Regains Some Traction,Currency,"Dollar Regains Some Traction United States CurrencyThe dollar index bounced back above the 112 mark, recovering from a nearly two-week low of 111.8, as prospects of higher interest rates and a worsening global growth outlook continued to lend optimism to bulls. The most pronounced buying activity was against the British pound as investors awaited further clarity on UK's fiscal plan while confusing headlines about the Bank of England's plan to delay quantitative tightening added to uncertainty. The greenback also enjoyed sharp gains against the yen, scaling 32-year highs as Japanese authorities declined to comment on whether they are conducting stealth intervention. On the flip side, the dollar is struggling to gain traction against the New Zealand dollar, as higher-than-expected Q3 inflation numbers fuelled bets on a further tightening. 2022-10-18T10:41:00"
Truist Financial Corp earnings above expectations at 1.24 USD,Earnings,"Truist Financial Corp earnings above expectations at 1.24 USDUnited States EarningsTruist Financial Corp (TFC) released earnings per share at 1.24 USD, compared to market expectations of 1.20 USD.2022-10-18T10:13:55.427"
US 10-Year Treasury Yield Consolidates Above 4%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Above 4%United States Government Bond 10YThe United States 10-year Treasury yield, the benchmark for borrowing costs worldwide, consolidated above the 4% mark, the highest since October 2008 as investors were monitoring corporate earnings in the US for clues on the impact of high inflation rates and Fed tightening on the company profits. Meanwhile, a series of hot inflation prints and a downbeat survey of inflation expectations from the University of Michigan added to concerns that the Federal Reserve will continue to raise rates more aggressively despite a slowing economy. Also, volatility is expected to remain elevated, with sharp moves in gilts sending shockwaves through other bond markets as investors awaited further clarity on the UK's fiscal plan. Confusing headlines about the Bank of England's plan to delay quantitative tightening added to uncertainty. 2022-10-18T09:35:00"
Dollar Falls for 3rd Session,Currency,"Dollar Falls for 3rd SessionUnited States CurrencyThe dollar index held below 112 on Tuesday, struggling to gain traction as risk appetite returned to the markets, with the reversal of almost all of UK’s planned tax cuts helping sentiment. The most pronounced selling activity was against the New Zealand dollar which rallied on higher-than-expected Q3 inflation numbers, followed by the Australian dollar which gained on hawkish remarks from a central bank official. The dollar also held recent declines against the British pound following UK’s policy U-turn, while scaling 32-year highs versus the yen as Japanese authorities declined to comment whether they are conducting stealth intervention. Meanwhile, the greenback remains supported by expectations that the Federal Reserve will tighten policy further to get ahead of inflation.2022-10-18T04:13:00"
US Equities Rally as BofA Earnings Beat Estimates,Stock Market,"US Equities Rally as BofA Earnings Beat EstimatesUnited States Stock MarketThe Dow advanced nearly 600 points on Monday, and the S&P 500 and Nasdaq added 2.5% and 3.4% as investors brace for a busy week of earnings which will provide insight into how businesses are dealing with macro headwinds. Bank of America jumped nearly 7% after reporting quarterly results that surprised investors to the upside. Still, the second-largest US bank joined other big banks in posting a year-over-year drop in third-quarter profit, amid slowing investment banking activity and an increase in reserves. Heavyweight technology names, including Tesla, Netflix, and Snap, will also release quarterly reports later this week. On top of that, the British government's U-turn on its fiscal plan, with newly-appointed Finance Minister Jeremy Hunt's announcing that it will reverse almost all previous tax measures, allowed risk-taking to resume and the pound to rally against the dollar. US 10-year yields rose 2bps as investors coalesce to the reality of Fed's continued tightening.2022-10-17T19:59:00"
US Stocks Rally to Start the Week,Stock Market,"US Stocks Rally to Start the Week United States Stock MarketThe Dow advanced more than 600 points on Monday, and the S&P 500 and Nasdaq added 2.9% and 3.5%, respectively, as investors brace for a busy week of earnings which will provide insight into how businesses are dealing with growing macro headwinds. Bank of America jumped over 5% after reporting quarterly results that surprised investors on the upside. Still, the second-largest US bank joined other big banks, including JPMorgan, in posting a year-over-year drop in third-quarter profit, amid slowing investment banking activity and an increase in reserves in anticipation of a deteriorating economy. Heavyweight technology names, including Tesla, Netflix, and Snap, will also release quarterly reports later this week. On top of that, the British government's U-turn on its fiscal plan, with newly-appointed Finance Minister Jeremy Hunt's announcing that it will reverse almost all previous tax measures, allowed risk-taking to resume.2022-10-17T13:32:00"
Charles Schwab earnings above expectations at 1.10 USD,Earnings,"Charles Schwab earnings above expectations at 1.10 USDUnited States EarningsCharles Schwab (SCHW) released earnings per share at 1.10 USD, compared to market expectations of 1.05 USD.2022-10-17T13:16:46.417"
DXY Struggles For Traction,Currency,"DXY Struggles For Traction United States CurrencyThe dollar weakened across the board on Monday, bottoming around the 112 mark as risk appetite returned to markets roiled recently by concerns about global economic growth, stubbornly high inflation, and tightening financial conditions. The most pronounced selling activity was against risk-sensitive currencies such as the Australian and New Zealand dollars. The dollar also depreciated sharply against the British pound after the new Chancellor, Jeremy Hunt, reversed most of the mini-budget, reassuring markets that the UK will return to a more sustainable borrowing path. Still, with US inflation expectations rising, a dovish pivot from the Federal Reserve seems extremely unlikely. The US central bank has been reassuring markets that it will keep rates higher for longer to bring down inflation to its 2% target, which, in turn, should lead to further upside momentum on the greenback. 2022-10-17T12:03:00"
Wall Street to Open Higher,Stock Market,"Wall Street to Open Higher United States Stock MarketUS stock futures tracking the broader market rallied over 1% on Monday, putting Wall Street poised to open in an upbeat mood as investors brace for a busy week of earnings which will provide insight into how businesses are dealing with growing macro headwinds. Bank of America jumped over 3% in premarket trading after reporting quarterly results that surprised investors on the upside. Still, the second-largest US bank joined other big banks, including JPMorgan, in posting a drop in third-quarter profit, signaling a wobble in global financial markets and the effect of tightening monetary conditions. Heavyweight technology names, including Tesla, Netflix, and Snap, will also release quarterly reports later this week. On top of that, the British government's U-turn on its fiscal plan, with newly-appointed Finance Minister Jeremy Hunt's announcing that it will reverse almost all previous tax measures, allowed risk-taking to resume. 2022-10-17T11:35:00"
Bank Of America earnings above expectations at 0.81 USD,Earnings,"Bank Of America earnings above expectations at 0.81 USDUnited States EarningsBank Of America (BAC) released earnings per share at 0.81 USD, compared to market expectations of 0.78 USD.2022-10-17T11:14:52.09"
US 10-Year Treasury Yield Eases,Government Bond 10Y,"US 10-Year Treasury Yield Eases United States Government Bond 10YThe United States 10-year Treasury yield, the benchmark for borrowing costs worldwide, bottomed around 3.9%, moving away from a 14-year peak of 4.1% touched last week. The market movement came along with a sharp rally in gilt markets as investors welcomed the UK's government U-turn on its fiscal plan. New finance minister Jeremy Hunt said the government would reverse almost all the tax changes announced in the mini-budget several weeks ago. Still, market participants continued to worry over high inflation and interest rates and their impact on the economy. Last week, a hot US inflation reading and a report from the University of Michigan showing that US year-ahead inflation expectations rose for the first time since March slashed any hopes of a policy pivot.2022-10-17T10:55:00"
US Michigan 1-Year Inflation Expectations Rise for 1st Time in 7 Months,Michigan Inflation Expectations,"US Michigan 1-Year Inflation Expectations Rise for 1st Time in 7 MonthsUnited States Michigan Inflation ExpectationsThe median expected year-ahead inflation rate rose to 5.1% in October of 2022, from a one-year low of 4.7% in the prior month, according to the preliminary estimate from the University of Michigan Consumer Survey. It was the first increase in the year-ahead inflation expectations since March.2022-10-14T16:30:35.147"
10-year Treasury Yield Climbs Back Towards 4%,Government Bond 10Y,"10-year Treasury Yield Climbs Back Towards 4%United States Government Bond 10YThe United States 10-year Treasury yield, the benchmark for borrowing costs worldwide, moved towards the 4% mark and shy of levels not seen since October 2008 as investors reassessed the outlook for monetary policy. A report from the University of Michigan showing that US year-ahead inflation expectations increased for the first time since March, and a hotter-than-expected US inflation reading earlier this week slashed any hopes of a policy pivot. On top of that, minutes of the latest Fed policy meeting signaled that policymakers were committed to pushing rates to a restrictive level until there were clear signs that inflation was easing even with the risk of a sharp economic slowdown. The market movement came along with a selloff in gilts markets as recent actions by Prime Minister Truss failed to boost investors' confidence.2022-10-14T15:04:00"
Dollar Enjoys Wave of Momentum,Currency,"Dollar Enjoys Wave of Momentum United States CurrencyThe dollar index regained ground above the 113 mark, bouncing back from its weekly lows of around 112 touched in the prior session, as investors refocused on the course of monetary policy. Triggering another leg of gains was a report from the University of Michigan showing that US year-ahead inflation expectations increased for the first time in seven months. Such a reading came on the heels of hot inflation data earlier this week, pushing back on the idea of a pivot any time soon while adding to expectations for another jumbo interest rate hike in November. The most pronounced buying activity was against risk-sensitive currencies such as the Australian and New Zealand dollars. The dollar also enjoyed sharp gains against the British pound as recent actions by Prime Minister Truss were not enough to boost investors' confidence. For the week, the DXY is up roughly 0.5%. 2022-10-14T14:48:00"
US Inventories Growth Below Expectations,Business Inventories,"US Inventories Growth Below ExpectationsUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 0.8 percent from a month earlier in August of 2022, picking up from the one-year low and downwardly revised 0.5 percent gain in the prior month but slightly below expectations of a 0.9 percent rise. Stock growth were seen higher for merchant wholesalers (1.3 percent vs 0.6 percent in July) and retailers (1.3 percent vs 1 percent), offsetting the decline for manufacturers (-0.1 percent vs 0 percent). Year-on-year, business inventories jumped by 18.2 percent in August.2022-10-14T14:18:00"
Wall Street Extends Gains,Stock Market,"Wall Street Extends Gains United States Stock MarketThe Dow rallied almost 300 points on Friday, and the S&P 500 and Nasdaq added 1% each as investors digested a slew of earnings reports from big banks and US economic data. JPMorgan, the biggest US bank by assets, jumped nearly 3% after reporting third-quarter results for profit and revenue that surprised investors on the upside. Wells Fargo also enjoyed some robust gains after revenue top estimates. On the flip side, Morgan Stanley's and Citigroup's shares came under pressure, with both banks reporting quarterly profits that came below forecasts. On the data front, a Commerce Department report showed retail sales stalled in September as stubbornly high inflation and tight financial conditions hit consumer demand. The Dow so far outperformed this week by adding over 3%. The S&P 500 and Nasdaq are up roughly 1.5% and 0.4%, respectively.2022-10-14T13:34:00"
10-Year Treasury Yield Eases From 14-Year Peak,Government Bond 10Y,"10-Year Treasury Yield Eases From 14-Year Peak United States Government Bond 10YThe United States 10-year Treasury yield, the benchmark for borrowing costs worldwide, bottomed around 3.95%, moving away from a 14-year peak of 4.10% touched in the last session as investors reassessed the outlook for monetary policy and growth. A Commerce Department report showed retail sales stalled in September as stubbornly high inflation and tight financial conditions hit consumer demand, a sign that the world's largest economy could be slowing down. The market movement came in tandem with a rally in gilts markets after British PM Truss announced sweeping changes in her cabinet and was set to U-turn some government policies. On the policy side, minutes of the latest Fed policy meeting signaled that policymakers were committed to pushing rates to a restrictive level until there were clear signs that inflation was easing even with the risk of a sharp economic slowdown.2022-10-14T13:16:00"
DXY Pares Gains as Retail Sales Disappoint,Currency,"DXY Pares Gains as Retail Sales DisappointUnited States CurrencyThe dollar index pared most of its gains to trade below 113, after the latest data showed retail trade was unchanged in September, disappointing markets that were expecting a 0.2% gain as lower gasoline prices were not enough to offset the increase in the cost of other goods. Still, a hot inflation reading and a robust jobs report, as well as hawkish Fed commentary, pushed back on the idea of a pivot any time soon and added to expectations for a fourth 75 bps interest rate hike in November. For the week, the DXY is down roughly 0.4%. On the bigger picture, the dollar index rallied almost 20% this year, putting it on course for its sharpest annual increase.2022-10-14T13:12:00"
US Export Prices Fall for 3rd Month,Export Prices MoM,"US Export Prices Fall for 3rd MonthUnited States Export Prices MoMUS export prices declined 0.8 percent from a month earlier in September of 2022, slightly below market expectations of a 1 percent drop and easing from an upwardly revised 1.7 percent decrease in the previous year. It was the third consecutive monthly decreases in export prices with contributions from both agricultural (-1 percent) and non-agricultural (-0.9 percent) outbound sales. On a yearly basis, prices for US exports rose by 9.5 percent, easing from the downwardly revised 10.7 percent jump in the prior month.2022-10-14T12:37:00"
Citigroup earnings above expectations at 1.63 USD,Earnings,"Citigroup earnings above expectations at 1.63 USDUnited States EarningsCitigroup (C) released earnings per share at 1.63 USD, compared to market expectations of 1.49 USD.2022-10-14T12:14:38.56"
Morgan Stanley earnings above expectations at 1.53 USD,Earnings,"Morgan Stanley earnings above expectations at 1.53 USDUnited States EarningsMorgan Stanley (MS) released earnings per share at 1.53 USD, compared to market expectations of 1.52 USD.2022-10-14T12:14:36.827"
Wall Street Set to Open Higher,Stock Market,"Wall Street Set to Open Higher United States Stock MarketUS stock futures tracking the broader market were up roughly 0.5% on Friday as investors were digesting the first quarterly results from big banks. JPMorgan, the biggest US bank by assets, rallied almost 3% in premarket trading after reporting third-quarter results for profit and revenue that surprised investors on the upside. On the flip side, Well Fargo missed its earnings target as the bank's decision to build up reserves for a hit from a potential economic slowdown cut into profits. The market movement came on the heels of a hotter-than-expected US inflation reading for September, which reinforced the Federal Reserve's case for continued aggressive tightening. Meanwhile, data showed US retail trade was unchanged in September 2022, missing market expectations of a 0.2 percent advance, as high inflation, and rising borrowing costs hit consumer demand. The Dow so far outperformed this week by adding over 3%. The S&P 500 and Nasdaq are up roughly 1.5% and 0.2%, respectively. 2022-10-14T11:20:00"
US Bancorp earnings above expectations at 1.18 USD,Earnings,"US Bancorp earnings above expectations at 1.18 USDUnited States EarningsUS Bancorp (USB) released earnings per share at 1.18 USD, compared to market expectations of 1.13 USD.2022-10-14T11:14:01.97"
PNC earnings above expectations at 3.78 USD,Earnings,"PNC earnings above expectations at 3.78 USDUnited States EarningsPNC (PNC) released earnings per share at 3.78 USD, compared to market expectations of 3.72 USD.2022-10-14T11:14:00.363"
UnitedHealth earnings above expectations at 5.79 USD,Earnings,"UnitedHealth earnings above expectations at 5.79 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 5.79 USD, compared to market expectations of 5.43 USD.2022-10-14T10:13:04.903"
Dollar Enjoy Some Respite,Currency,"Dollar Enjoy Some Respite United States CurrencyThe dollar index regained ground above the 113 mark, bouncing back from its weekly lows of around 112 touched in the prior session, as investors refocused on tightening expectations. Another hot inflation reading this week, combined with a robust jobs report and hawkish Fed commentary, pushed back on the idea of a pivot any time soon while adding to expectations for another jumbo interest rate hike in November. The most pronounced buying activity was against the euro and the pound. For the week, the DXY is up roughly 0.2%. On the bigger picture, the dollar index rallied almost 20% this year, putting it on course for its sharpest annual increase.2022-10-14T10:10:00"
Dollar Rally Pauses,Currency,"Dollar Rally PausesUnited States CurrencyThe dollar index bottomed around the 113 mark, below a 20-year peak of above 114 touched on September 28th, as improved risk sentiment in global financial markets wiped out some of its gains from expectations of further interest rate hikes. A recent rally in the British pound amid headlines suggesting that Finance Minister Kwasi Kwarteng could make a U-turn on some of the measures of the mini-budget also kept the greenback subdued this week. Still, another hot inflation reading, combined with a robust jobs report and hawkish Fed commentary, pushed back on the idea of a pivot any time soon, which will likely trigger another leg of gains. The DXY has rallied almost 20% this year, putting it on course for its largest annual increase on record.2022-10-14T08:42:00"
10-Year Treasury Yield Consolidates Above 3.9%,Government Bond 10Y,"10-Year Treasury Yield Consolidates Above 3.9%United States Government Bond 10YThe United States 10-year Treasury yield, the benchmark for borrowing costs worldwide, consolidated above 3.9%, close to a 14-year peak of 4.1% touched in the last session as investors reassessed the outlook for monetary policy. A hotter-than-expected US inflation reading came on the heels of a robust jobs report, slashing any hopes of a policy pivot while adding to expectations for another jumbo interest rate hike in November. On top of that, minutes of the latest Fed policy meeting signaled that policymakers were committed to pushing rates to a restrictive level until there were clear signs that inflation was easing even with the risk of a sharp economic slowdown. Meanwhile, bond investors continued to follow the flip-flopping rollercoaster from the UK government, with the latest news suggesting that Finance Minister Kwasi Kwarteng could make a U-turn on some of the measures of the mini-budget that caused a historic market turmoil.2022-10-14T07:17:00"
Dollar Holds Decline on Risk-On Mood,Currency,"Dollar Holds Decline on Risk-On MoodUnited States CurrencyThe dollar index held just above 112 on Friday after falling sharply in the previous session, weighed down by improving risk sentiment that drove global equities roaring higher, while investors assessed red-hot US inflation data that cemented bets of another outsized Federal Reserve rate hike next month. Data released on Thursday showed that US inflation eased less than expected in September to 8.2%, while underlying prices excluding energy and food prices accelerated to a new four-decade high. Markets are currently betting that the Fed will deliver its fourth straight 75 basis point rate increase in November. The dollar nursed heavy losses against the euro and the sterling, with the latter also benefiting from speculations of a policy U-turn in the UK. Meanwhile, the greenback held firm against the yen after hitting a three-decade high overnight despite talks of more intervention from Japanese authorities..2022-10-14T03:47:00"
US Crude Stocks Rise the Most Since March 2021: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise the Most Since March 2021: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories jumped by 9.88 million barrels in the week ended October 7th, the most since March 2021 and compared with market expectations of a 2.05-million-barrel decrease, according to EIA's latest report. Also, gasoline stocks rose by 2.023 million barrels, versus forecasts for a 1.825 million draw. Meanwhile, distillate stockpiles, which include diesel and heating oil, declined by 4.853 million barrels, above the consensus of a 2.05 million decrease. Crude stocks at Cushing, Oklahoma, went down by 0.309 million barrels, following a 0.273 million increase.2022-10-13T15:10:56.667"
US Natural Gas Stocks Rise More than Expected: EIA,Natural Gas Stocks Change,"US Natural Gas Stocks Rise More than Expected: EIAUnited States Natural Gas Stocks ChangeUS utilities added 125 billion cubic feet (bcf) of gas to storage during the week ended October 7th, above market expectations of a 123 bcf build due to mild weather and an increase in wind power. It compares with an increase of 86 in the same week last year and a five-year (2017-2021) average increase of 82 bcf.2022-10-13T14:37:08.5"
US Stocks Sink After Red-Hot Inflation Data,Stock Market,"US Stocks Sink After Red-Hot Inflation DataUnited States Stock MarketThe Dow lost more than 500 points on Thursday, and the S&P 500 and Nasdaq tumbled 2.2% and 2.9%, respectively, as hotter-than-expected US CPI data fanned concerns about hawkish central bank policies. The Labor Department's consumer price index report showed that monthly CPI rose 0.4% in September from August, against analysts' expectation of a 0.2% gain. Such a reading came on the heels of the FOMC minutes release that showed that officials were committed to pushing rates to a restrictive level until there were clear signs that inflation was easing. On the corporate side, Delta Air Lines shared strong guidance for the last quarter of 2022 amid expectations that travel demand will remain robust despite growing global macro headwinds. BlackRock also delivered better-than-expected quarterly results despite tightening financial conditions.2022-10-13T13:31:00"
US Monthly Inflation Rate Goes Up to 0.4%,Inflation Rate MoM,"US Monthly Inflation Rate Goes Up to 0.4%United States Inflation Rate MoMConsumer prices in the US were up 0.4% month-over-month in September of 2022, the highest reading in three months, and twice the market expectation of 0.2%. Increases in prices of shelter (0.7%), food (0.4%), and medical care services (1%) were the largest of many contributors to the increase. The food index continued to rise, jumping 0.8%. These increases were partly offset by a 4.9% decline in gasoline cost, but prices of natural gas (2.9%) and electricity (0.4%) moved up. The core index which excludes food and energy rose 0.6% on the month, the same as in August, but above forecasts of 0.5%.2022-10-13T12:51:53.967"
Progressive earnings below expectations at 0.49 USD,Earnings,"Progressive earnings below expectations at 0.49 USDUnited States EarningsProgressive (PGR) released earnings per share at 0.49 USD, compared to market expectations of 1.24 USD.2022-10-13T12:47:47.47"
DXY Rallies after CPI Report,Currency,"DXY Rallies after CPI ReportUnited States CurrencyThe dollar index skyrocketed above 113.8 on Thursday, approaching again its highest levels in 20 years on a hotter-than-expected CPI report. US inflation eased less than expected in September to 8.2%, and underlying prices excluding energy and food prices accelerated to a new four-decade high. The dollar continued to benefit from robust safe-haven demand as well, as the US economy remained resilient in the face of slowing global growth and heightened geopolitical tensions. 2022-10-13T12:33:00"
BlackRock earnings above expectations at 9.55 USD,Earnings,"BlackRock earnings above expectations at 9.55 USDUnited States EarningsBlackRock (BLK) released earnings per share at 9.55 USD, compared to market expectations of 7.65 USD.2022-10-13T11:14:02.377"
US Stock Futures Rise Ahead of CPI Release,Stock Market,"US Stock Futures Rise Ahead of CPI ReleaseUnited States Stock MarketUS stock futures tracking the broader market were up over 1% on Thursday as investors await September's consumer inflation data and a slew of earnings reports to gauge the economy's health. The market movement came on the heels of the FOMC minutes release that showed that policymakers were committed to pushing rates to a restrictive level until there were clear signs that inflation was easing. On the corporate side, Delta Air Lines jumped over4% in premarket trading after the Atlanta-based carrier shared strong guidance for the last quarter of 2022 amid expectations that travel demand will remain robust despite growing global macro headwinds. BlackRock also delivered better-than-expected quarterly results despite tightening financial conditions. In regular trading on Wednesday, the Dow shed 0.1%, the S&P 500 fell 0.3%, and the Nasdaq Composite lost 0.1%.2022-10-13T10:56:00"
API US Crude Stock Increases by over 7 Mln Bbl,API Crude Oil Stock Change,"API US Crude Stock Increases by over 7 Mln BblUnited States API Crude Oil Stock ChangeAPI Crude Oil Stock Change in the United States increased by 7.1 BBL/1Million on October 12 from -1.77 BBL/1Million in the previous week. Gasoline Stocks added 2.0 BBL/1Million, distillate stocks decreased by 4.6 BBL/1Million, while Cushing crude stocks decreased by -0.8 BBL/1Million. 2022-10-12T20:44:00"
Treasury Yields Edge Slightly Lower after FOMC,Government Bond 10Y,"Treasury Yields Edge Slightly Lower after FOMCUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged slightly lower to 3.9% on Wednesday after FOMC minutes showed no surprises by reiterating Fed's commitment to bring inflation down and to raise interest rates further, offering no changes on the Fed's tightening plans. Attention now turns to the US CPI report due Thursday. Fresh data showed producer prices increased more than expected in September, reinforcing the narrative that the US central bank will keep interest rates higher for longer to cool an overheated economy. 2022-10-12T18:24:00"
DXY Falls after FOMC Minutes,Currency,"DXY Falls after FOMC MinutesUnited States CurrencyThe dollar index erased gains but held above 113 on Wednesday, after several Fed officials said it would be important to calibrate the pace of further policy tightening to mitigate the risk of significant adverse effects on the economic outlook, the minutes of the Sept. 20-21 meeting showed. Still, many participants emphasized the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action. Investors now focus on Thursday’s CPI print, which could add to market bets for a fourth 75 bps rate hike by the central bank in November. The latest data showed that producer price growth rose by a more-than-expected 0.4% in September, rebounding from the decline in August and adding to the urgency for the Fed to tame inflation. Moreover, the dollar continued to benefit from strong demand for haven currencies due to a highly uncertain outlook amid geopolitical tension, with the IMF slashing its 2023 growth forecast for the global economy.2022-10-12T18:08:00"
US Dollar Extends Rise,Currency,"US Dollar Extends Rise United States CurrencyThe dollar index rose above the 113 mark on Wednesday, edging higher for the sixth session and approaching the 20-year high of 114.1 hit on September 26 amid expectations that the Federal Reserve will continue to aggressively raise interest rates. Ahead of FOMC minutes this afternoon and the CPI print tomorrow, fresh data showed that producer price growth rose more than expectations with a 0.4% monthly gain in September, rebounding from the decline in August and adding to the urgency for the Federal Reserve to tame inflation. Moreover, the dollar continued to benefit from strong demand of haven currencies due to a highly uncertain outlook amid geopolitical tension, with the IMF slashing its 2023 growth forecast for the global economy. The dollar extended gains against the euro, sterling, and surged to fresh 24-year highs against the yen amid the increasing discrepancy of monetary policy between the Fed and BoJ.2022-10-12T12:54:00"
US 10-Year Treasury Yield Nears 4%,Government Bond 10Y,"US 10-Year Treasury Yield Nears 4%United States Government Bond 10YThe United States 10-year Treasury yield, the benchmark for borrowing costs worldwide, surged past 3.9%, not far from a 14-year peak of 4% touched on September 28th, as investors reassessed the outlook for monetary policy. Another hotter-than-expected US inflation reading, with producer prices increasing more than expected in September, reinforced the narrative that the US central bank will keep interest rates higher for longer to cool an overheated economy. Investors now look forward to FOMC minutes release later today for additional clues about the central bank rate path.2022-10-12T12:53:21.38"
US 30-Year Mortgage Rate Hits 6.8%,Mortgage Rate,"US 30-Year Mortgage Rate Hits 6.8%United States Mortgage RateThe average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) in the US reached 6.81% in the first week of October, a new high since July of 2006 and compared to 6.75% in the previous week. Rates have been tracking a rise in Treasury yields and were much lower at 3.1% a year earlier. “The news that job growth and wage growth continued in September is positive for the housing market, as higher incomes support housing demand. However, it also pushed off the possibility of any near-term pivot from the Federal Reserve on its plans for additional rate hikes,” Michael Fratantoni, MBA’s chief economist said.2022-10-12T11:13:00"
PepsiCo earnings above expectations at 1.97 USD,Earnings,"PepsiCo earnings above expectations at 1.97 USDUnited States EarningsPepsiCo (PEP) released earnings per share at 1.97 USD, compared to market expectations of 1.84 USD.2022-10-12T10:13:13.443"
"Dollar Edges Higher as Fed, Haven Demand Lift",Currency,"Dollar Edges Higher as Fed, Haven Demand LiftUnited States CurrencyThe dollar index edged above 113 on Wednesday, rising for the sixth straight session and marching toward a 20-year high reached last month, supported by bets for further Federal Reserve monetary tightening and robust haven demand. Investors also awaited minutes of the last central bank meeting to guide the rates outlook, as well as key US inflation readings this week that could cement expectations for another supersized rate hike from the Fed in November. Moreover, the dollar continued to benefit from strong haven demand due to a highly uncertain global economic outlook and heightened geopolitical uncertainties, with the IMF slashing its 2023 growth forecast for the global economy. The dollar extended gains against the euro and sterling, while hovering over two-year lows against the Australian and New Zealand dollars. Meanwhile, the greenback surged to fresh 24-year highs against the yen amid a widening policy divergence and rate differentials.2022-10-12T04:04:35.873"
Stocks in United States Hit 22-month Low,Stock Market,Stocks in United States Hit 22-month LowUnited States Stock MarketUS500 decreased to a 22-month low of 35692022-10-11T19:15:55.94
US 10-Year Treasury Yield Eases,Government Bond 10Y,"US 10-Year Treasury Yield Eases United States Government Bond 10YThe United States 10-year Treasury yield, the benchmark for borrowing costs worldwide, bottomed around 3.9% as investors reassessed the outlook for monetary policy ahead of crucial US inflation reports. Last week's strong labor print and hawkish rhetoric from Fed officials reinforced the view that the US central bank will keep interest rates higher for longer to cool an overheated economy. This week, the PPI and CPI figures scheduled for Wednesday and Thursday will offer further clues about the Federal Reserve's rate path. The market movement came as investors digested the Bank of England's decision to expand its emergency bond purchase program to include inflation-linked British government bonds to avoid a meltdown in the UK pensions sector. Such a move offered some relief to markets, indicating that despite the ongoing tightening cycle, central banks will move fiercely to rescue their economies.2022-10-11T17:21:00"
US Stocks Extend Downward Trend,Stock Market,"US Stocks Extend Downward Trend United States Stock MarketThe Dow declined roughly 100 points on Tuesday, and the S&P 500 and Nasdaq lost over 1% each as fears mount that further monetary tightening would take a heavy toll on the economy and company earnings. Federal Reserve policymakers have been advocating the need to raise the target policy rate to around 4.5% by early next year, even at the risk of a recession. Exacerbating global growth worries were escalating tensions between Russia and Ukraine, and headlines from China that Shanghai and other big Chinese cities have ramped up testing for coronavirus as infections rise sharply. Investors are also bracing for US inflation data and a raft of bank earnings that will kick off the third-quarter season. In other corporate news, Amgen surged more than 6% after Morgan Stanley upgraded the drugmaker's stock to ""overweight"" from ""equal weight"". 2022-10-11T13:35:00"
"Dollar Pares Gains, Still Holds Close to 20-Year Highs",Currency,"Dollar Pares Gains, Still Holds Close to 20-Year HighsUnited States CurrencyThe dollar index paused a four-day rally to traded around 113 on Tuesday, after touching 113.5 early in the session, which was the highest level so far this month. Bond yields also retreated as traders take a wait-and-see approach ahead of FOMC minutes release tomorrow, the highly-anticipated CPI report Thursday and the kick-off of the earnings season which will provide more clarity on the Fed's hawkish stance. Still, the greenback remains close to levels not seen since mid-2002 as the Fed has been raising rates aggressively and is expected to deliver another 75bps rate hike next month. At the same time, the US economy remains more robust and resilient than others, despite high inflation and increasing borrowing costs.
2022-10-11T13:10:00"
Wall Street Set to Extend Losses,Stock Market,"Wall Street Set to Extend Losses United States Stock MarketUS stock futures tracking the broader market were down nearly 0.5% on Tuesday, putting Wall Street on track to extend its decline as fears mount that further monetary tightening would take a heavy toll on the economy and company earnings. Federal Reserve policymakers have been advocating the need to raise the target policy rate to around 4.5% by early next year, even at the risk of a recession. Exacerbating global growth worries were escalating tensions between Russia and Ukraine, and headlines from China that Shanghai and other big Chinese cities have ramped up testing for coronavirus as infections rise sharply. Investors are also bracing for US inflation data and a raft of bank earnings that will kick off the third-quarter season. In regular trading on Monday, the Dow and S&P 500 fell 0.3% and 0.8%, respectively, posting their fourth straight day of losses. The Nasdaq Composite dropped 1% to close at its lowest level in over two years.2022-10-11T11:56:00"
US Small Business Optimism at 4-Month High,NFIB Business Optimism Index,"US Small Business Optimism at 4-Month HighUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index in the United States rose to a four-month high of 92.1 in September of 2022 from 91.8 in August. 46% of owners reported job openings they could not fill last month, down three points from August. Also, 30% reported that inflation was their single most important issue in operating their business, up one point from August. Meanwhile, less owners expect better business conditions over the next six months (-44%). “Inflation and worker shortages continue to be the hardest challenges facing small business owners. Even with these challenges, owners are still seeking opportunities to grow their business in the current period”, NFIB Chief Economist Bill Dunkelberg said. 2022-10-11T10:07:00"
US 10-Year Treasury Yield Approaches Key 4%,Government Bond 10Y,"US 10-Year Treasury Yield Approaches Key 4%United States Government Bond 10YThe United States 10-year Treasury yield, the benchmark for borrowing costs worldwide, consolidated above 3.9%, not far from a 14-year peak of 4% touched on September 28th, as investors reassessed the outlook for monetary policy. Last week's strong labor print and hawkish rhetoric from Fed officials reinforced the view that the US central bank will keep interest rates higher for longer to cool an overheated economy. The next crucial catalyst will be the inflation report on Thursday. A cooler-than-expected CPI could support the argument that inflation has already peaked. On the flip side, an upside surprise could heap pressure on policymakers to extend 75 bps rate hikes beyond this year. Minutes of the latest Fed policy meeting on Wednesday may provide insight into the central bank's rate path.2022-10-11T09:59:00"
Dollar Rises for 5th Straight Session,Currency,"Dollar Rises for 5th Straight SessionUnited States CurrencyThe dollar index climbed toward 113.5 on Tuesday, rising for the fifth straight session, lifted by expectations of further tightening by the Federal Reserve and haven demand stemming from global economic and geopolitical risks. A stronger-than-expected US jobs report on Friday cemented the view that the Fed will continue to aggressively raise interest rates, while markets are looking ahead to US inflation data on Thursday for confirmation. Investors also await the FOMC minutes on Wednesday and more appearances from Fed officials this week. Heightened geopolitical tensions and global recession fears also spurred safe-haven demand for the dollar, with the IMF and World Bank warning about rising risks of a slowdown. The dollar extended its gains against the euro and the sterling, while hitting fresh 2-½-year lows against the aussie and kiwi. The dollar also hovered 24-year lows versus the yen, prompting speculations of more intervention from Japanese authorities.2022-10-11T04:14:00"
Dollar Strengthens for 4th Day,Currency,"Dollar Strengthens for 4th DayUnited States CurrencyThe dollar index strengthened for a fourth consecutive session to above 113 on Monday, as investors continue to bet the Federal Reserve will press ahead with its aggressive tightening plans. The jobs report last week showed a stronger-than-expected payrolls number, continuing to point to a strong labour market. This week, the US inflation report, FOMC minutes, and appearances from several policymakers this week should continue to reinforce Fed's commitment to its fight against inflation. Money markets are currently pricing in another 75bps rate hike in the fed dunds rate for November. 2022-10-10T14:23:00"
US Futures Reverse and Point to Gains at the Open,Stock Market,"US Futures Reverse and Point to Gains at the OpenUnited States Stock MarketUS futures reversed early losses to trade slightly higher on Monday, with contracts on the Dow Jones adding more than 100 points while both the Nasdaq and the S&P 500 added nearly 0.3% each. Investors brace for a big week, with the earnings season kicking-off while key indicators including the CPI report, FOMC minutes and appearances from several Fed officials should provide further clarity on the Fed's stance. At the same time, trading volumes will probably remain lower due to the Columbus day holiday but volatility is set to continue as tensions in Ukraine escalate and concerns that high interest rates may hurt deeply the economy and company earnings linger. Last week, a stronger-than-expected labor market report and several hawkish remarks from Fed policymakers dashed hopes for any dovish pivot from the US central bank, with markets pricing a nearly 80% chance of a 75 basis point rate hike next month. 2022-10-10T13:16:00"
Wall Street Set for Subdued Open,Stock Market,"Wall Street Set for Subdued OpenUnited States Stock MarketStock futures contracts tied to the three major US indices were mostly down on Monday, putting Wall Street on track to start the week on a sour note as concerns mounted that tightening financial conditions will take a heavy toll on the economy and corporate earnings. Last week, a stronger-than-expected labor market report and several hawkish remarks from Fed policymakers dashed hopes for any dovish pivot from the US central bank, with markets pricing a nearly 80% chance of a 75 basis point rate hike next month. With the earnings season kicking off this week, investors will be watching closely for evidence of the impact of inflation and a soaring dollar on margins and consumer demand. Market participants will also await the release of the minutes of the latest Fed policy meeting on Wednesday and inflation data on Thursday for further clues about the Federal Reserve policy-tightening path. 2022-10-10T11:27:00"
Dollar Firms Up on Fed Rate Hike Bets,Currency,"Dollar Firms Up on Fed Rate Hike BetsUnited States CurrencyThe dollar index firmed up near 113 on Monday after rising for three straight sessions, underpinned by stronger-than-expected US jobs data which bolstered bets that the Federal Reserve will press ahead with its aggressive monetary tightening plans. The US economy added 263k jobs in September, exceeding expectations for a 250k gain, while the unemployment rate fell to a historic low of 3.5%. Last week, a chorus of Fed officials also sounded unequivocally committed to bringing down inflation with more rate hikes, even at the cost of higher unemployment and weaker growth. Investors now look ahead to US inflation data on Thursday that is expected to show still elevated price pressures. Elsewhere, the dollar remains supported by safe-haven demand amid global recession fears,  and heightened geopolitical tensions.2022-10-10T03:26:28.183"
"US Futures Fall as CPI, Earnings Loom",Stock Market,"US Futures Fall as CPI, Earnings LoomUnited States Stock MarketUS stock futures extended losses on Monday after stronger-than-expected US employment data spurred another equity selloff during Friday’s session, while investors brace for US inflation data and the kickoff to the earnings season this week. Futures contracts tied to the three major indexes were all down at least 0.5%. In regular trading on Friday, the Dow dropped 2.11%, the S&P 500 tumbled 2.8% and the Nasdaq Composite slumped 3.8%, with US stocks heading back toward their lowest levels in over two years. Those moves came as solid US jobs data and hawkish remarks from US policymakers extinguished hopes for any dovish pivot from the Federal Reserve. Investors now look ahead to the monthly Consumer Price Index report on Thursday amid fears that higher energy prices could fuel inflationary pressures. Major US companies are also set to release quarterly earnings this week including JPMorgan, Wells Fargo, Morgan Stanley, Citi, PepsiCo, Domino’s and Delta.2022-10-09T23:36:00"
US Consumer Credit Rises to 32.24 billion,Consumer Credit,US Consumer Credit Rises to 32.24 billion United States Consumer CreditConsumer Credit in the United States increased to 32.24 USD Billion in August from 23.81 USD Billion in July of 2022. The annual rate of change increased from 6.8% in July to 8.4%. Revolving credit totaled 18.1 billion vs 11.7 billion in the previous month. Non-revolving fell slightly from 5.2 billion to 5.1 billion. The annual rate of the total flow of credit increased from 313.2 billion to 386.9 billion. 2022-10-07T19:20:00
US Wholesale Inventories Rise for 25th Month,Wholesale Inventories,"US Wholesale Inventories Rise for 25th MonthUnited States Wholesale InventoriesWholesale inventories in the US advanced by 1.3 percent from a month earlier to $912.6 billion in August of 2022, matching an initial estimate and after a 0.6 percent increase in the previous month. It was the 25th consecutive month of growth in inventories, as stocks rebounded for non-durable goods (1.2 percent vs -0.1 percent in July), mainly boosted by chemicals (3.8 percent). Also, those of durable goods rose slightly faster (1.3 percent vs 1.1 percent), primarily automotive (5.1 percent). On an annual basis, wholesale inventories grew by 25 percent in August, slightly below an earlier reading of 25.1 percent.2022-10-07T14:05:00"
DXY Jumps after NFP Print,Currency,"DXY Jumps after NFP PrintUnited States CurrencyThe dollar index jumped to 112.5 on Friday, after the NFP print came in above expectations reinforcing bets the Fed will continue hiking rates aggressively to tame inflation. The US economy added a robust 263K jobs in September, above market expectations of 250K. Also, Cleveland Fed Bank President Loretta Mester said the Fed has to be “singularly focused on inflation,” echoing remarks from other central bank officials who sounded unequivocally committed to bringing down inflation with more rate hikes, even at the cost of higher unemployment and weaker growth. Investors now look ahead to next week's inflation report for more clues on the central bank’s rate hike path. 2022-10-07T12:33:00"
US Wages Growth Steady in September,Average Hourly Earnings,"US Wages Growth Steady in SeptemberUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls in the US rose by 10 cents, or 0.3% to $32.46 in September of 2022, the same pace as in August, in line with market forecasts. In September, average hourly earnings of private-sector production and nonsupervisory employees rose by 10 cents, or 0.4%, to $27.77. Over the past 12 months, average hourly earnings have increased by 5.0%, following a 5.2% rise in the prior month and slightly below market estimates of a 5.1% gain.2022-10-07T12:33:00"
US Jobless Rate Unexpectedly Falls,Unemployment Rate,"US Jobless Rate Unexpectedly FallsUnited States Unemployment RateThe US unemployment rate fell to 3.5 percent in September 2022, matching July's 29-month low and remaining below market expectations of 3.7 percent, in another sign overall labor market conditions in the world's largest economy remain tight. The number of unemployed persons declined by 261 thousand to 5.75 million in September, while the number of employed increased by 204 thousand to 158.9 million. The labor force participation rate edged down to 62.3 percent from 62.4 percent.2022-10-07T12:31:00"
Dollar Holds Advance Ahead of Jobs Report,Currency,"Dollar Holds Advance Ahead of Jobs ReportUnited States CurrencyThe dollar index held around 112 on Friday, underpinned by a drumbeat of hawkish remarks from Federal Reserve officials, while investors look ahead to the pivotal monthly jobs report that could guide the central bank’s monetary decision in November. The nonfarm payrolls report due later in the global day is expected to show that the US economy added 250,000 jobs in September, and a surprise to the upside would reinforce bets for further monetary tightening and drive another dollar rally. Cleveland Fed Bank President Loretta Mester said the Fed has to be “singularly focused on inflation,” echoing remarks from other central bank officials who sounded unequivocally committed to bringing down inflation with more rate hikes, even at the cost of higher unemployment and weaker growth. The dollar held its gains against the euro, the sterling, the yen and antipodean currencies, while rebounding sharply against Asian currencies.2022-10-07T03:23:00"
US Stocks Decline as Investors Await Friday Jobs Report,Stock Market,"US Stocks Decline as Investors Await Friday Jobs ReportUnited States Stock MarketThe Dow lost 340 points Thursday, as the S&P 500 and the Nasdaq declined roughly 0.9% and 0.7%, respectively, as investors digested a slew of economic releases and awaited tomorrow’s key employment report. US-based companies announced plans to cut almost 30K jobs from their payrolls in September of 2022, the highest in three months, as hiring is slowing and downsizing events are beginning to occur. At the same time, a report from the Labor Department showed that jobless claims rose more than expected last week. Still, while signs that the job market is cooling sparked hopes for a dovish pivot, recent hawkish remarks from several policymakers suggest the opposite. Newly minted Federal Reserve Governor Lisa Cook pushed against dovish hopes saying, “a risk management approach requires a strong focus on taming inflation.” General Electric tumbled more than 2% after announcing that it would fire 20% of its US onshore workforce. 2022-10-06T20:04:31.077"
Dollar Extends Upside Momentum,Currency,"Dollar Extends Upside MomentumUnited States CurrencyThe dollar index moved toward the 112 mark, rebounding further from a two-week low of around 110 as investors adjusted their portfolios for an aggressive tightening of monetary policy. While signs that the job market is cooling sparked some hopes for a policy pivot, recent hawkish remarks from several policymakers suggest the opposite. Minneapolis Fed President Neel Kashkari was the latest policymaker to signal that further rate hikes are needed to bring down inflation to its 2% target. Now, monthly non-farm payrolls and unemployment rate figures, due on Friday, will be at the top of markets' radar for clues about the central bank rate path. 2022-10-06T15:07:23.087"
US Mortgage Rates Decrease Slightly,30 Year Mortgage Rate,"US Mortgage Rates Decrease SlightlyUnited States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage edged down slightly to 6.66% this week, after six weeks of increases that pushed borrowing costs to 6.70% last week, the highest since July 2007, and compared to 2.99% a year ago, according to a survey of lenders by mortgage giant Freddie Mac. The 15-year fixed-rate mortgage averaged 5.90%, down from 5.96% last week but well above 2.23% a year ago. The average rate on a five-year Treasury-indexed hybrid adjustable-rate mortgage, or ARM, was 5.36%, up from 5.30% last week and 2.52% last year. “Mortgage rates decreased slightly this week due to ongoing economic uncertainty,” said Sam Khater, Freddie Mac’s Chief Economist. “However, rates remain quite high compared to just one year ago, meaning housing continues to be more expensive for potential homebuyers.”2022-10-06T14:15:00"
US Stocks Remain Under Pressure,Stock Market,"US Stocks Remain Under Pressure United States Stock MarketThe Dow lost nearly 300 points and the S&P 500 and the Nasdaq declined roughly 0.6% and 0.4%, respectively, as investors digested a slew of economic releases while reassessing the outlook for monetary policy. US-based companies announced plans to cut almost 30K jobs from their payrolls in September of 2022, the highest in three months, as hiring is slowing and downsizing events are beginning to occur. At the same time, a report from the Labor Department showed that jobless claims rose more than expected last week. Still, while signs that the job market is cooling sparked hopes for a dovish pivot, recent hawkish remarks from several policymakers suggest the opposite. The Federal Reserve has been aggressively tightening monetary policy to reduce demand-driven inflation and will likely continue its patch until clear evidence of easing price pressures. Now all eyes are on the US job report for September for further clues on the central bank’s rate-hike path.2022-10-06T13:35:00"
Constellation Brands earnings above expectations at 3.17 USD,Earnings,"Constellation Brands earnings above expectations at 3.17 USDUnited States EarningsConstellation Brands (STZ) released earnings per share at 3.17 USD, compared to market expectations of 2.78 USD.2022-10-06T12:14:10.74"
US 10-Year Treasury Yield Consolidates Around 3.8%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Around 3.8%United States Government Bond 10YThe United States 10-year Treasury yield, which is a benchmark for borrowing costs worldwide, consolidated around 3.8%, not far from a 14-year peak of 4% touched in late September, as investors reassessed the outlook of tightening monetary policy, with the Federal Reserve seeking to rein on inflation even as growth slows. Despite some evidence that price pressures are easing and the job market is starting to cool, several Fed policymakers have reaffirmed their support for keeping monetary policy tight for some time. The next crucial catalyst this week will be the nonfarm payrolls report on Friday which will provide a more precise update on the labor market strength and wage pressures.2022-10-06T07:47:00"
Dollar Holds Gains on Fed Rate Hike Bets,Currency,"Dollar Holds Gains on Fed Rate Hike BetsUnited States CurrencyThe dollar index traded around 111 in choppy trade on Thursday, holding onto gains from the previous session as better-than-expected US data and hawkish remarks from US policymakers supported the case for continued Federal Reserve monetary tightening. Markets digested an ADP report pointing to another robust private sector hiring and ISM Services PMI data that beat estimates, signaling that the US economy remains resilient and countering weak data from earlier this week. On the monetary policy front, Atlanta Fed Bank President Raphael Bostic said he favored raising rates to 4.5% by year-end or 125 basis points of additional tightening, while San Francisco Fed Bank President Mary Daly pushed back against speculations for a Fed pivot next year. Meanwhile, an improving risk sentiment on Thursday weighed on the dollar, with US futures, commodities and risk-sensitive currencies rising in early trade.2022-10-06T02:50:06.573"
US Crude Stocks Unexpectedly Fall for 2nd Week: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Fall for 2nd Week: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 1.356 million barrels to 429.2 million barrels in the week ended September 30th, compared with market expectations of a 2.052-million-barrel increase, according to EIA's latest report. Also, gasoline stocks fell by 4.728 million barrels to the lowest since November 2014, much more than forecasts for a 1.334 million draw and distillate stockpiles, which include diesel and heating oil, declined 3.443 million barrels, above the consensus of a 1.367 million decrease. Meanwhile, crude stocks at Cushing, Oklahoma, went up by 0.273 million barrels, following a 0.692 million increase.2022-10-05T14:40:00"
US Treasury Yields Continue to Rise,Government Bond 10Y,"US Treasury Yields Continue to RiseUnited States Government Bond 10YThe US 10-year Treasury note yield rose towards 3.8% on Wednesday as expectations the Fed will continue its hawkish monetary policy stance returned after ISM Services PMI figures and the ADP report suggested the economy remains robust. Early in the week, investors started to wonder whether central banks and specially the Fed could take a more dovish stance after disappointing data from the ISM Manufacturing PMI and the Jolts report. The next big catalyst this week will be the nonfarm payrolls report on Friday which will provide a more clear update on the labour market strength and wage pressures. 2022-10-05T14:33:04.603"
Dollar Approaches 112,Currency,"Dollar Approaches 112United States CurrencyThe dollar index extended gains and strengthened almost 1.5% to approach 112 on Wednesday, rebounding from a 1.5% loss the day before which was its biggest one-day drop in more than two years. The expectations the Fed will start slowing the pace of monetary tightening were pushed back after the ISM Services PMI beat forecasts and the ADP report pointed to another robust job growth. The next big catalyst for markets will be the nonfarm payrolls report on Friday.2022-10-05T14:24:00"
US Composite PMI Rises in September,Composite PMI,"US Composite PMI Rises in SeptemberUnited States Composite PMIThe S&P Global US Composite PMI was revised slightly higher to 49.5 in September of 2022 from a preliminary of 49.3, pointing to a much smaller contraction in private sector activity than in the previous month (44.6). A further decline in output at service providers (49.3) outweighed a slight expansion at manufacturers (52). Contributing to the softer decrease in output was a renewed rise in new business at private sector firms. The expansion was broad based, and driven by domestic demand as new export orders fell further. Price pressures across the manufacturing and service sectors eased amid reports of some input costs falling which were passed on to clients in an effort to drive sales. Rates of inflation remained historically elevated, but among the slowest for almost two years. Greater business confidence was led by service providers, whilst manufacturers were slightly more downbeat than in August amid inflation concerns.2022-10-05T13:57:17.283"
US Services Contract Slightly Less than Expected: S&P Global,Services PMI,"US Services Contract Slightly Less than Expected: S&P GlobalUnited States Services PMIThe S&P Global US Services PMI was revised slightly higher to 49.3 in September of 2022 from a preliminary estimate of 49.2, but still pointing to the third consecutive month of falling services sector activity. The fall in output was only marginal overall, as firms noted that improved demand conditions led to a weaker decline. New orders returned to growth, with domestic sales supporting the upturn, as new export business fell further. The rate of job creation softened to the slowest in 2022 to date, however, as challenges finding and retaining staff persisted. Labor and input shortages sparked a renewed rise in backlogs of work. Meanwhile, cost pressures eased for the fourth month running amid reports of some reductions in input prices. Hopes of greater client demand, a peaking of inflation and investment in new products drove business expectations for the year-ahead to the highest for four months.2022-10-05T13:50:00"
DXY Gains Nearly 1%,Currency,"DXY Gains Nearly 1%United States CurrencyThe dollar index jumped almost 1% to 111 on Wednesday, following a 1.5% loss the day before which was its biggest one-day drop in more than two years. Bets the Fed will start slowing the pace of monetary tightening faded, with investors looking for further data to support a slowing economy. Still, the ADP report pointed into another direction to a robust job growth while the trade deficit continues to narrow in the US. Early in the week however, the JOLTS report showed a bigger-than-anticipated fall in the number of job openings while the ISM Manufacturing PMI slowed sharply. Traders now await the ISM Services PMI release later today but the next big catalyst will be the nonfarm payrolls report on Friday. 2022-10-05T12:49:00"
US Exports Decrease for 1st Time this Year,Exports,"US Exports Decrease for 1st Time this YearUnited States ExportsExports from the United States went down by $0.7 billion from the previous month to $258.9 billion in August of 2022, the first decrease in exports this year. Sales of goods decreased by $0.7 billion to $182.5 billion in August, especially nonmonetary gold (down by $2.0 billion) and crude oil (down by $1.0 billion). Meanwhile, exports of automotive vehicles, parts, and engines decreased by $1.1 billion while those of consumer goods increased by $1.3 billion. Exports of services decreased by less than $0.1 billion to $76.4 billion.2022-10-05T12:41:38.697"
US Imports Fall for 3rd Month,Imports,"US Imports Fall for 3rd MonthUnited States ImportsImports to the United States fell by $3.7 billion from a month earlier to $326.3 in August of 2022, the third consecutive monthly drop. Imports of goods decreased by $4.1 billion to $270.1 billion, mainly crude oil (down by $2.7 billion) and capital goods (down $1.1 billion). On the other hand, purchases of automotive vehicles, parts, and engines increased by $1.1 billion. Also, imports of services increased by $0.4 billion to $56.2 billion, particularly travel (up $0.3 billion).2022-10-05T12:36:07.313"
"US Mortgage Applications Sink on Rates, Hurricane Ian",Mortgage Applications,"US Mortgage Applications Sink on Rates, Hurricane IanUnited States Mortgage ApplicationsMortgage applications in the US sank 14.2% in the last week of September, the biggest drop since April 2020, pushing the index to 218.7, the lowest since 1997 as higher borrowing costs continue to weigh on demand. There was also an impact from Hurricane Ian’s arrival in Florida last week, which prompted widespread closings and evacuations resulting in a 31% fall in applications. Applications to refinance a home loan tumbled 17.8% and applications to purchase a home went down 12.6%. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) reached 6.75%, the highest since July of 2006 and compared to 6.52% in the previous week and 3.1% a year earlier.2022-10-05T11:15:00"
US Treasury Yields Rebound,Government Bond 10Y,"US Treasury Yields ReboundUnited States Government Bond 10YThe US 10-year Treasury note yield rose to 3.7% on Wednesday after falling by 3bps the day before, as bets that the Fed will soon start slowing the pace of rate hikes started to fade. Economic data released early in the week including the ISM Manufacturing PMI and JOLTS job openings disappointed, pointing to an economic slowdown and abating job market pressures, which could provide some room for a less hawkish Fed. However, investors' hopes of such a pivot change started to fade as more economic data is needed to confirm the slowing path. Yet,  the ADP report beat estimates and pointed to a solid 208K job gain. The US jobs report on Friday will be the next big catalyst for markets.2022-10-05T08:05:00"
Dollar Stabilizes as Hawkish Fed Supports,Currency,"Dollar Stabilizes as Hawkish Fed SupportsUnited States CurrencyThe dollar index stabilized above 110 on Wednesday, supported by expectations that the Federal Reserve will push borrowing costs higher and keep interest rates at restrictive levels until inflation falls back down to its 2% target. Investors also heeded hawkish signals from the Reserve Bank of New Zealand, which countered dovish hints from the Reserve Bank of Australia and reminded markets that many central banks are still prioritizing the fight against inflation. Meanwhile, the dollar dropped nearly 2% in the previous two sessions as weak US economic data and Australia’s smaller-than-expected rate hike prompted bets that the US central bank will slow the pace of rate hikes. Haven demand for the dollar also eased in recent sessions as the UK government dialed back proposed policies that rattled financial markets, while analysts suggested that the US economy could withstand more tightening before getting into recessionary conditions.2022-10-05T05:24:54.65"
US Stocks Rally on Tightening Labor Market,Stock Market,"US Stocks Rally on Tightening Labor MarketUnited States Stock MarketThe Dow added more than 800 points on Tuesday, and the S&P 500 and Nasdaq rallied 3.0% and 3.3%, respectively, on hopes that weaker-than-expected US economic data would temper the extreme hawkish tone from the Federal Reserve. The number of job openings in the US fell more than expected in August, signaling that tighter financial conditions could be cooling the job market. This data came a day after a gauge of US manufacturing from ISM showed activity declined to the lowest since May 2020. Investors also welcomed a weakening dollar and falling government bond yields, which brought some respite to beaten-down technology and other high-growth stocks. Short covering added to the rally’s momentum as the most heavily shorted stocks (according to Goldman Sachs) jumped more than 5%. Meanwhile, Fed officials, most notably John Williams, Philip Jefferson, and Mary Dale, continue to advocate for further rate hikes.2022-10-04T19:52:00"
Dollar Weakens Below 111,Currency,"Dollar Weakens Below 111United States CurrencyThe dollar index weakened below the 111 mark, a level not seen in almost two weeks, on speculation that weaker-than-expected US economic data would temper the Federal Reserve’s aggressive tightening. The number of job openings in the US fell more than expected in August, signaling that tighter financial conditions could be cooling the job market. This data came a day after a gauge of US manufacturing from ISM showed activity declined to the lowest since May 2020. Meanwhile, Fed officials continue to advocate for further rate hikes. New York Fed Bank President John Williams said that while there are signs of cooling inflation, underlying price pressures remain elevated, reinforcing the case for further monetary tightening.2022-10-04T14:28:54.927"
US Logistics Industry Rebounds in September,Lmi Logistics Managers Index Current,"US Logistics Industry Rebounds in SeptemberUnited States Lmi Logistics Managers Index CurrentThe Logistics Manager’s Index in the US increased for the first time in six months to 61.4 in September of 2022 from 59.7 in August which was the lowest since May of 2020. The reading pointed to sustained growth in the logistics industry, fueled by high levels of inventory (71.9 vs 67.6) and costs (77.2 vs 76.8). On the other hand, transportation metrics continue their slowed pace, reaching the second highest level of capacity growth (71.8 vs 64.3), and the third fastest rate of price contraction in the history of the index. Every metric other than Transportation Prices (44.5 vs 48) and Warehousing Capacity (44.3 vs 42.3) is growing at a faster rate, pointing to some potential bounce back in the logistics industry.2022-10-04T14:05:00"
Wall Street Rally Gains Steam,Stock Market,"Wall Street Rally Gains SteamUnited States Stock MarketThe Dow added almost 700 points on Tuesday, and the S&P 500 and Nasdaq rallied 2.6% and 2.7%, respectively, on hopes that weaker-than-expected US economic data would temper the extreme hawkish tone from the Federal Reserve. The number of job openings in the US fell more than expected in August, signaling that tighter financial conditions could be cooling the job market. This data came a day after a gauge of US manufacturing from ISM showed activity declined to the lowest since May 2020. Investors also welcomed a fading dollar and government bond yields, which brought some respite to beaten-down technology and other high-growth stocks. Meanwhile, Fed officials continue to advocate for further rate hikes. New York Fed Bank President John Williams, Federal Reserve Governor Philip Jefferson, and San Francisco Federal Reserve Bank President Mary Daly echoed that reducing inflation is the top priority and that the job is far from done. 2022-10-04T13:32:00"
Dollar Holds Steady on Hawkish Fed,Currency,"Dollar Holds Steady on Hawkish FedUnited States CurrencyThe dollar index held steady around 111.6 on Tuesday after facing pressure in recent sessions, supported by a hawkish Federal Reserve that is expected to keep raising interest rates until it sees compelling evidence that inflation is trending down. New York Fed Bank President John Williams said on Monday that while there are signs of cooling inflation, underlying price pressures remain elevated, reinforcing the case for further monetary tightening. Meanwhile, the dollar fell half a percent on Monday and tracked a sharp decline in Treasury yields after softer-than-expected US manufacturing data signaled that tightening monetary conditions may be taking a toll on demand. This gave rise to speculations that the Fed may slow the pace of future rate increases. The dollar recouped some losses against the sterling, the yen and antipodean currencies, while remaining under pressure from a strong euro on expectations that the European Central Bank will tighten further.2022-10-04T03:46:53.163"
US Futures Edge Up After Monday's Rally,Stock Market,"US Futures Edge Up After Monday's RallyUnited States Stock MarketUS stock futures edged higher on Tuesday after the major averages rebounded on the first trading day of the month, as weaker-than-expected manufacturing data allayed fears about the Federal Reserve’s aggressive rate hike path. Futures contracts tied to the three major indexes were all trading in positive territory. In regular trading on Monday, the Dow rallied 2.66%, the S&P 500 surged 2.59% and the tech-heavy Nasdaq Composite jumped 2.27%, with all three benchmarks rebounding from their lowest levels in about two years. The September ISM PMI showed manufacturing activity grew at its slowest pace in 30 months as new orders headed into contractionary territory, in a sign that tightening monetary conditions may be taking a toll on demand. Treasury yields fell on the news, with investors hoping that the Fed would slow the pace of its rate increases. Markets now look ahead to the monthly US jobs report due on Friday, as well as earnings reports from a raft of companies this week.2022-10-03T23:29:00"
US 10-Year Bond Yield Falls to 3.6%,Government Bond 10Y,"US 10-Year Bond Yield Falls to 3.6%United States Government Bond 10YThe US 10-year Treasury note yield touched 3.6% in the first week of October, easing further from an over 12-1/2-year high of 4% hit on September 27th, as investors doubt that central banks will be able to tighten the monetary policy aggressively as there are more signs that the economic activity is slowing down. The ISM Manufacturing PMI unexpectedly fell to 50.9 in September, the lowest since May 2020 and below market forecasts of 52.2. Meanwhile, markets await the US labor report due on Friday to assess the Fed's commitment to rate hikes. So far, swaps tied to the March Fed policy meeting suggest a peak policy rate of 4.40% next year, down from recent highs above 4.60%. 2022-10-03T17:25:00"
Dollar Struggles For Traction,Currency,"Dollar Struggles For Traction United States CurrencyThe dollar index weakened below the 112 mark, a level not seen in more than a week, as easing Treasury yields and a general risk appetite spooked investors away from the heaven currency. On top of that, a report from ISM showed that the US manufacturing activity grew at its slowest pace in almost 2-1/2 years in September, underscoring the challenging macro environment while suggesting that tighter financial conditions curbed demand for goods. The Fed raised interest rates by 75 basis points for a third consecutive meeting in September while forecasting rates to peak at 4.6% next year with no cuts until 2024, pushing back any dovish pivot that the markets were hoping for in the near term. This dollar’s weakness was seen across the board, with some of the most pronounced selling activity commodity-linked currencies, such as the Australian and New Zealand dollars.2022-10-03T15:04:22.693"
US Construction Spending Drops More than Expected,Construction Spending,"US Construction Spending Drops More than ExpectedUnited States Construction SpendingConstruction spending in the US fell by 0.7 percent from the previous month to a seasonally adjusted annual rate of USD 1.78 billion in August of 2022, more than market expectations of a 0.3 percent decrease and compared to an upwardly revised 0.6 percent drop in July. It marks the biggest decline since February 2021, as spending on private construction fell by 0.6 percent, dragged by residential (-0.9 percent), power (-0.9 percent) and manufacturing (-0.5 percent) construction. Also, public construction decreased by 0.8 percent, including residential (-2.7 percent) and nonresidential (-0.8 percent) construction.2022-10-03T14:06:00"
US Manufacturing PMI Revised Higher: S&P Global,Manufacturing PMI,"US Manufacturing PMI Revised Higher: S&P GlobalUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was revised higher to 52 in September of 2022 from a preliminary of 51.8 and above 51.5 in August. Still, the reading pointed to subdued operating conditions although output and new orders returned to growth. Nonetheless, firms expanded their workforce numbers at the fastest pace since March, although labor shortages continued to hamper firms' ability to work through incoming new orders. Outstanding business rose again and at a quicker rate. At the same time, cost pressures softened amid reports of lower prices for some inputs. Although slower than those seen earlier in the year, the rate of selling price inflation picked up slightly as firms continued to pass-through higher cost burdens to customers. Finally, concerns regarding inflation and client purchasing power weighed on expectations, which dipped from August, and input buying.2022-10-03T13:48:24.373"
Wall Street Set to Open Higher,Stock Market,"Wall Street Set to Open Higher United States Stock MarketStock futures contracts tied to the three major indices were up roughly 1% on Monday, putting Wall Street on track to start the last quarter on a positive note as investors reassessed the outlook for tightening monetary policy. After a series of hotter-than-expected inflation prints and hawkish speeches from several Federal Reserve policymakers, markets seem to have acknowledged that interest rates will be pushed to a restrictive level and likely stay high for longer, even at the risk of a recession. Now all eyes are on the US job report for September for further clues on the central bank’s rate-hike path. In the third quarter, the Dow fell 6.7% to record a three-quarter losing streak for the first time since 2015. The S&P and Nasdaq Composite dropped 5.3% and 4.1%, respectively, to post their third consecutive negative quarter for the first time since 2009.2022-10-03T11:25:00"
Dollar Holds Steady,Currency,"Dollar Holds SteadyUnited States CurrencyThe dollar index held steady above 112 on Monday as investors looked ahead to US manufacturing data and speeches from Federal Reserve officials for insight on the state of the world’s largest economy and to guide the rates outlook. Markit PMI and ISM manufacturing data for the US are due for release later on Monday, while Fed officials Raphael Bostic and Thomas Barkin are set to give separate speeches. The dollar has climbed steadily throughout the year as the US central bank aggressively raised interest rates to quell surging inflation. The Fed also forecasted rates to peak at 4.6% next year with no cuts until 2024, shooting down any dovish pivot that the markets were hoping for in the near term. Global recession fears and the US economy’s relative strength also boosted safe-haven demand for the dollar at the expense of other assets.2022-10-03T05:30:21.48"
US Equities Have Worst Month Since March 2020,Stock Market,"US Equities Have Worst Month Since March 2020United States Stock MarketUS stocks fell in volatile trading Friday, with the Dow losing more than 500 points, the S&P 500 and Nasdaq lost 1.5% each, as investors digested a slew of economic releases. The Fed's preferred inflation measure, the US core PCE price index, came well above expectations in August, worrying investors that inflation may be stickier than anticipated. On top of that, a report from the US Commerce Department showed that personal spending rebounded in August, pointing to a still resilient economy. Markets rallied early in the session as Fed Vice Chair Lael Brainard acknowledged the need to monitor the impact rising borrowing costs could have on global market stability. All three benchmarks are now on track for sharp weekly and monthly declines, with the Nasdaq losing the most in September, nearly 12%. All indices are headed for three straight quarters of decline for the S&P for the first time since 2009 and for the Nasdaq since the dot-com bubble.2022-09-30T19:58:00"
Stocks in United States Hit 22-month Low,Stock Market,Stocks in United States Hit 22-month LowUnited States Stock MarketUSNDX decreased to a 22-month low of 110322022-09-30T19:50:09.847
"Dollar Eases, Still Poised for Quarterly Gains",Currency,"Dollar Eases, Still Poised for Quarterly GainsUnited States CurrencyThe dollar weakened to 112, the lowest in a week after Fed Brainard warned about the impact of rapidly rising rates on global markets. Still, the dollar is on track for its fourth monthly gain and up almost 10% this quarter, supported by expectations that the Federal Reserve would remain aggressive in battling inflation even at the risk of a recession. The Fed raised interest rates by 75 basis points for a third consecutive meeting in September while forecasting rates to peak at 4.6% next year with no cuts until 2024, pushing back any dovish pivot that the markets were hoping for in the near term. This dollar’s strength was seen across the board, with some of the most pronounced buying activity against the British pound and the euro amid growing economic and energy worries.2022-09-30T15:28:00"
US Consumer Sentiment Revised Lower but Holds at 5-Month High,Consumer Confidence,"US Consumer Sentiment Revised Lower but Holds at 5-Month HighUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised lower to 58.6 in September of 2022 from a preliminary of 59.5, but remained above 58.2 in August and the highest in five months. Expectations were revised sharply lower (58 vs 59.9 in the preliminary estimate) while current conditions were seen better (59.7 vs58.9). Buying conditions for durables and the one-year economic outlook continued lifting from the extremely low readings earlier in the summer, but these gains were largely offset by modest declines in the long run outlook for business conditions. Meanwhile, inflation in the year ahead was seen higher (4.7% vs 4.6% in the preliminary estimate) while the five-year outlook was revised lower (2.7% vs 2.8%). 2022-09-30T14:04:00"
Chicago PMI Contracts Sharply,Chicago PMI,"Chicago PMI Contracts SharplyUnited States Chicago PMIThe Chicago PMI, measuring the performance of business activity in the Chicago region of the US fell sharply to 45.7 in September of 2022 from 52.2 in the prior month, largely missing market forecasts of 51.8. It was the first contraction since the start of the pandemic took its toll in Chicago’s economic activity in the second quarter of 2020, pointing to deteriorating business conditions as the Federal Reserve aggressively hikes interest rates to contain soaring inflation.2022-09-30T13:54:45.777"
DXY Set for 4th Monthly Gain,Currency,"DXY Set for 4th Monthly GainUnited States CurrencyThe dollar index edged up above 112 from a one-week low, moving again toward levels not seen since May 2002, after personal spending and core PCE inflation came in above expectations. The dollar is on track for its fourth monthly gain and up almost 10% this quarter, supported by expectations that the Federal Reserve would remain aggressive in battling inflation even at the risk of a recession. The Fed raised interest rates by 75 basis points for a third consecutive meeting in September while forecasting rates to peak at 4.6% next year with no cuts until 2024, pushing back any dovish pivot that the markets were hoping for in the near term. This dollar’s strength was seen across the board, with some of the most pronounced buying activity against the British pound and the euro amid growing economic and energy worries.2022-09-30T12:46:00"
Core PCE Inflation Rises More than Expected,Core PCE Price Index MoM,"Core PCE Inflation Rises More than ExpectedUnited States Core PCE Price Index MoMCore PCE prices in the US, which exclude food and energy, went up by 0.6 percent month-over-month in August of 2022, rising from the revised stall in the previous month and slightly above market expectations of a 0.5 percent uptick. The annual rate, the Federal Reserve’s preferred gauge of inflation, unexpectedly rose to 4.9 percent from the upwardly revised 4.7 percent in the prior month, surpassing expectations of 4.7 percent.
2022-09-30T12:33:55.397"
US Personal Income Rises 0.3% in August,Personal Income,"US Personal Income Rises 0.3% in AugustUnited States Personal IncomePersonal income in the United States rose by 0.3 percent from a month earlier in August 2022, the same pace as in July and in line with market expectations. Compensation of employees advanced 0.3 percent (vs 0.8 percent in July) on the back of rising wages and salaries, while proprietors' income was up 1.2 percent (vs -0.2 percent in July) supported by an increase in nonfarm income. In addition, government social benefits rose, mainly in Medicare. A 0.2 percent decline in personal interest income partially offset the monthly gains.2022-09-30T12:32:00"
US 10-Year Treasury Yield Eases,Government Bond 10Y,"US 10-Year Treasury Yield EasesUnited States Government Bond 10YThe US 10-year Treasury note yield bottomed around 3.7%, easing further from an over 12-1/2-year high of 4%, amid growing concerns that sky-high inflation and higher interest rates will drag the nation's economy into a recession. The Fed's preferred inflation measure, the US core personal consumption expenditures price index, came well above expectations, underscoring the challenging macro environment. Meanwhile, the Bank of England restarted its quantitive easing program to steam a crisis in government debt markets and avoid a meltdown in the Uk pensions sector, bringing some relief to global bond markets. Still, the 10-year Treasury note has climbed almost an entire percentage point since early July, as expectations of an aggressive tightening from the Federal Reserve dented appetite for government debt. The terminal rate, the peak spot where the federal funds rate is, is now seen at 4.6%, with policymakers anticipating cutting interest rates in 2024 and extending that into 2025. 2022-09-30T10:02:00"
"Dollar Eases, Still Poised for Quarterly Gains",Currency,"Dollar Eases, Still Poised for Quarterly Gains United States CurrencyThe dollar index weakened below the 112 mark, a level not seen in a week, as easing Treasury yields and a general risk appetite prompted some profit-taking after a rally that saw the DXY hit its highest level since May 2002. Still, the dollar is on track for its fourth monthly gain and up almost 10% this quarter, supported by expectations that the Federal Reserve would remain aggressive in battling inflation even at the risk of a recession. The Fed raised interest rates by 75 basis points for a third consecutive meeting in September while forecasting rates to peak at 4.6% next year with no cuts until 2024, pushing back any dovish pivot that the markets were hoping for in the near term. This dollar’s strength was seen across the board, with some of the most pronounced buying activity against the British pound and the euro amid growing economic and energy worries.2022-09-30T09:46:00"
Dollar Heads for Strong Monthly Gain,Currency,"Dollar Heads for Strong Monthly GainUnited States CurrencyThe dollar index steadied near 112 on Friday after retreating from a 20-year high of 114.778 hit earlier this week, but was still headed for another strong monthly gain on expectations that the Federal Reserve will tighten monetary settings further to bring down high inflation. The index is up about 3% so far this month and is trading nearly 7% higher for the quarter. Fed policymakers reiterated this week that the central bank needs to raise interest rates to restrictive levels amid persistent inflationary pressures, despite concerns about growth and market volatility. The greenback also benefited from increased haven demand given the US economy’s strength relative to other developed nations. Meanwhile, the dollar faced some turbulence earlier in the week as the sterling rebounded on easing concerns about the UK's fiscal plans, while the euro jumped as a hot German inflation report raised expectations that the European Central Bank will tighten further.2022-09-30T05:43:00"
United States Dollar at 112.14,Currency,"United States Dollar at 112.14United States CurrencyThe dollar index gave up earlier gains falling toward 112 on Thursday after tumbling more than 1% in the previous session, as the pound pushed above 1.1 USD and the Yuan gained for the first time in nine days after the CCP warned of further currency intervention. The DXY initially tracked gains in treasury yields as fresh data showed weekly claims fell to a 5-month, and PCE prices were revised higher in Q2. Hawkish remarks from Federal Reserve officials and the rejection of a possible currency agreement among major economies also supported the dollar. Additionally, the White House National Economic Council Director Brian Deese rejected the idea of another 1985-type currency accord to weaken the dollar and added that the US economy’s relative strength was a significant factor driving the dollar higher.2022-09-29T20:27:48.76"
"US Stocks Fall as VIX Spikes, Yields Rise",Stock Market,"US Stocks Fall as VIX Spikes, Yields Rise United States Stock MarketUS Equities declined sharply Thursday, with the Dow falling nearly 500 points while the S&P 500 and Nasdaq lost 2.2% and 2.9%, respectively, as treasury yields resumed their climb higher, outweighing the Bank of England’s emergency intervention in UK notes. The volatility index (VIX) also flashed panic signs peaking above 33. A hotter-than-expected inflation reading, with core PCE prices for the second quarter above expectations, raised concerns of inflation becoming even more entrenched. At the same time, better-than-expected jobless claims numbers painted a picture of an economy that can likely withstand more central bank tightening. Hawkish rhetoric adopted by several Fed policymakers about the central bank’s battle against inflation has stoked further angst in markets. For the quarter, the Dow and S&P 500 are on track for their third consecutive quarterly loss for the first time since 2015 and 2009, respectively.2022-09-29T20:02:36.813"
US Equities Sell Off as Bond Liquidity Dries Up,stock market,"US Equities Sell Off as Bond Liquidity Dries UpUnited States stock marketThe Dow resumed its decline Thursday, falling more than 600 points, while the S&P 500 and Nasdaq lost 2.7% and 3.6%, respectively, as the boost from the Bank of England’s emergency intervention faded and liquidity in global bond markets tightened. Investors are concerned about tightening financial conditions and slowing economic growth. A hotter-than-expected inflation reading, with core PCE prices for the second quarter above expectations, raised concerns of inflation becoming even more entrenched. At the same time, better-than-expected jobless claims numbers painted a picture of an economy that can likely withstand more central bank tightening. Hawkish rhetoric adopted by several Fed policymakers about the central bank’s battle against inflation has stoked further angst in markets. For the quarter, the Dow and S&P 500 are on track for their third consecutive quarterly loss for the first time since 2015 and 2009, respectively.2022-09-29T18:02:00"
Stocks in United States Hit 14-week Low,Stock Market,Stocks in United States Hit 14-week LowUnited States Stock MarketUSNDX decreased to a 14-week low of 111052022-09-29T17:07:57.357
US Stocks Sell-Off Resumes,Stock Market,"US Stocks Sell-Off ResumesUnited States Stock MarketThe Dow lost more than 600 points on Thursday, while the S&P 500 and Nasdaq lost 2.6% and 3.5%, respectively, amid persistent worries about tightening financial conditions and slowing economic growth. A hotter-than-expected inflation reading, with core PCE prices for the second quarter above expectations, raised concerns of inflation becoming even more entrenched. At the same time, better-than-expected jobless claims numbers painted a picture of an economy that can likely withstand more central bank tightening. Hawkish rhetoric adopted by several Fed policymakers about the central bank’s battle against inflation has stoked further angst in markets. For the quarter, the Dow and S&P 500 are on track for their third consecutive quarterly loss for the first time since 2015 and 2009, respectively. Bucking the overall positive trend, the Nasdaq is poised to break a two-quarter losing streak. 2022-09-29T13:39:00"
US Stock Futures Extend Decline,Stock Market,"US Stock Futures Extend DeclineUnited States Stock MarketUS stock futures tracking the broader market were down more than 1% on Thursday, putting Wall Street on track to open sharply lower amid persistent worries about tightening financial conditions and slowing economic growth. A hotter-than-expected inflation reading, with core PCE prices for the second quarter above expectations, raised concerns of inflation becoming even more entrenched. On top of that, better-than-expected jobless claims numbers painted a picture of an economy that can likely withstand more central bank tightening. In regular trading on Wednesday, the Dow climbed 1.9%, the S&P 500 jumped 2%, and the Nasdaq rallied 2.1%, with all three benchmarks eking out small gains for the week thus far but still poised for a monthly decline. For the quarter, the Dow and S&P 500 are on track for their third consecutive quarterly loss for the first time since 2015 and 2009, respectively. Bucking the overall positive trend, the Nasdaq is poised to break a two-quarter losing streak.2022-09-29T12:57:00"
DXY Rebounds Above 113,Currency,"DXY Rebounds Above 113United States CurrencyThe dollar index rebounded above 113 on Thursday after tumbling more than 1% in the previous session, heading back towards its highest levels in two decades after fresh data showed weekly claims fell to a 5-month and PCE prices were revised higher in Q2. Meanwhile, the American economy was confirmed to have contracted 0.6% in Q2. Hawkish remarks from Federal Reserve officials and the rejection of a possible currency agreement among major economies also supported the dollar. Throughout the week, a chorus of Fed policymakers indicated the central bank’s determination to do what is necessary to bring down inflation, even at the risk of a recession and further market volatility. Meanwhile, White House National Economic Council Director Brian Deese rejected the idea of another 1985-type currency accord to weaken the dollar, and added that the US economy’s relative strength was a significant factor driving the dollar higher. 2022-09-29T12:45:05.44"
US Corporate Profits Revised Lower in Q2,Corporate Profits,"US Corporate Profits Revised Lower in Q2United States Corporate ProfitsCorporate profits in the United States rose 6.2 percent to a fresh record high of USD 2.53 trillion in the second quarter of 2022, less than previous estimates of a 9.1 percent surge and following a downwardly revised 2.5 percent drop in the previous period. Net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, rose 4.1 percent to USD 2.95 trillion, while net dividends fell 0.2 percent to USD 1.74 trillion. Meanwhile, undistributed profits skyrocketed 24 percent to USD 0.78 trillion. 2022-09-29T12:34:00"
US Economy Shrinks 0.6% in Q2,GDP Growth Rate,"US Economy Shrinks 0.6% in Q2United States GDP Growth RateThe US economy contracted an annualized 0.6% on quarter in Q2 2022, matching the second estimate, and confirming the economy technically entered a recession, following a 1.6% drop in Q1. Private inventories and fixed investment were the main draggers in Q2. At the same time, an upward revision to consumer spending was offset by a downward revision to exports. Meanwhile, GDP growth rate for 2021 was revised higher to 5.9% compared to an initial 5.7%. Also, the economy contracted 2.8% in 2020, less than an initial 3.4% drop. For 2022 however, the Fed recently forecasted a meagre 0.2% expansion, as the strong interest rate hikes are expected to trigger a big downturn in economic activity.2022-09-29T12:32:00"
10-Year Treasury Yield Consolidates Above 3.8%,Government Bond 10Y,"10-Year Treasury Yield Consolidates Above 3.8%United States Government Bond 10YThe US 10-year Treasury note yield consolidated above 3.8% after briefly topping the 4% mark earlier this week, a level not seen since April 2010,  as investors brace for further aggressive monetary policy tightening by the Federal Reserve while big swings in the gilts market rattled sentiment. Several hawkish Fed speeches this week confirmed the central bank's commitment to bring inflation back to its 2% target even at the risk of a recession. The terminal rate, the peak spot where the federal funds rate is, is now seen at 4.6%, with policymakers anticipating cutting interest rates in 2024 and extending that into 2025. Meanwhile, the Bank of England was forced to restart its quantitive easing program to steam a crisis in government debt markets and avoid a meltdown in the Uk pensions sector. Still, it was a short-lived relief as the British Treasury needed to reveal a plausible plan to get debt under control to restore market confidence.2022-09-29T08:23:54.967"
Dollar Rebounds as BoE Move Fades,Currency,"Dollar Rebounds as BoE Move FadesUnited States CurrencyThe dollar index rebounded above 113 on Thursday after tumbling more than 1% in the previous session, heading back towards its highest levels in two decades as the impact of the Bank of England’s surprise bond buying operation faded amid concerns over Britain’s fiscal plan and economic challenges. Hawkish remarks from Federal Reserve officials and the rejection of a possible currency agreement among major economies also supported the dollar. Throughout the week, a chorus of Fed policymakers indicated the central bank’s determination to do what is necessary to bring down inflation, even at the risk of a recession and further market volatility. Meanwhile, White House National Economic Council Director Brian Deese rejected the idea of another 1985-type currency accord to weaken the dollar, and added that the US economy’s relative strength was a significant factor driving the dollar higher.2022-09-29T06:06:34.473"
Dollar Eases from Two-Decade Peak,Currency,"Dollar Eases from Two-Decade PeakUnited States CurrencyThe dollar index weakened below the 114 mark as easing Treasury yields combined with a general risk appetite prompted some profit-taking after a rally that saw the US currency hit its highest level since May 2002. Still, hawkish remarks from Federal Reserve officials and the rejection of a possible currency agreement among major economies limited further downside momentum. A chorus of Fed policymakers indicated the central bank’s determination to do what is necessary to bring down inflation, even at the risk of a recession and further market volatility. Meanwhile, White House National Economic Council Director Brian Deese rejected the idea of another 1985-type currency accord to weaken the dollar. 2022-09-28T15:16:41.877"
US Crude Stocks Unexpectedly Fall: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Fall: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories went down by 0.215 million barrels in the week ended September 23rd, compared with market expectations of a 0.443-million-barrel increase, according to EIA's latest report. That was mainly due to reduced refining activity after several outages. Also, gasoline stocks fell by 2.422 million barrels, versus forecast for a 0.709 million injection and distillate stockpiles, which include diesel and heating oil, declined 2.892 million barrels, more than the forecast of a 0.069 million draw. Meanwhile, crude stocks at Cushing, Oklahoma, went up by 0.692 million barrels, following a 0.343 million increase.2022-09-28T14:40:00"
US 10-Year Treasury Yield Retreats from 4%,Government Bond 10Y,"US 10-Year Treasury Yield Retreats from 4%United States Government Bond 10YThe US 10-year Treasury note yield retreated to to 3.8% on Wednesday, after briefly topping the 4% mark early in the session, a level not seen since April of 2010. The Bank of England's announcement that it will carry out temporary purchases of long-dated UK government bonds in order to restore orderly market conditions offered investors some support, with bonds rising in the US and Europe. Still, Treasury yields remain elevated as traders brace for further aggressive monetary policy tightening by the Federal Reserve. A slew of hawkish Fed speeches confirmed the central bank commitment to bring inflation back to its 2% target, with Chicago Fed President Charles Evans, St. Louis Fed President James Bullard, and Minneapolis Fed President Neel Kashkari making a case for more rate hikes in future meetings. 2022-09-28T13:24:00"
Cintas earnings above expectations at 3.39 USD,Earnings,"Cintas earnings above expectations at 3.39 USDUnited States EarningsCintas (CTAS) released earnings per share at 3.39 USD, compared to market expectations of 3.11 USD.2022-09-28T13:14:53.11"
Paychex earnings above expectations at 1.03 USD,Earnings,"Paychex earnings above expectations at 1.03 USDUnited States EarningsPaychex (PAYX) released earnings per share at 1.03 USD, compared to market expectations of 0.97 USD.2022-09-28T13:14:50.06"
US Wholesale Inventories Growth Picks Up in August,Wholesale Inventories,"US Wholesale Inventories Growth Picks Up in AugustUnited States Wholesale InventoriesWholesale inventories in the US rose by 1.3 percent month-over-month to $913.1 billion in August of 2022, picking up from a 0.6 percent rise in the prior month, preliminary estimates showed. It was the 25th consecutive month of growth in inventories, as stocks rebounded sharply for non-durable goods (1.3 percent vs -0.1 percent in July) and rose quicker for durable goods (1.3 percent vs 1.1 percent). On an annual basis, wholesale inventories grew by 25.1 percent in August, unchanged from the prior month.2022-09-28T12:38:00"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open Lower United States Stock MarketUS stock futures tracking the broader market were down roughly 0.5% on Wednesday as investors grew worried about the impact of dizzying inflation, a strong dollar, and rising interest rates on corporate America. Apple tumbled more than 3% in premarket trading after the tech giant warned that it would trim production of its new iPhones this year amid signals of weak demand. The market movement came in tandem with soaring Treasury yields, with the US 10-year Treasury note yield topping the 4% mark for the first time in over a decade as investors reacted to a slew of hawkish Fed speeaches. Chicago Fed President Charles Evans, St. Louis Fed President James Bullard, and Minneapolis Fed President Neel Kashkari were the latest policymakers to echo the central bank's intention to keep rising rates until bringing inflation to its 2% target. In regular trading on Tuesday, the Dow and S&P 500 fell 0.43% and 0.21%, respectively, while the Nasdaq Composite finished 0.25% higher.2022-09-28T12:28:00"
US Mortgage Applications Back to Contraction: MBA,Mortgage Applications,"US Mortgage Applications Back to Contraction: MBAUnited States Mortgage ApplicationsMortgage applications in the US went down 3.7% in the week ended September 23rd, after rising 3.8% in the previous week, which was the first increase in six weeks, as interest rates continue to march higher. Applications to refinance a home loan tumbled 10.9% and applications to purchase a home went down 0.4%. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($647,200 or less) reached 6.52%, the highest since August of 2008 from 6.25% in the previous week. “After a brief pause in July, mortgage rates have increased more than a percentage point over the past six weeks. Ongoing uncertainty about the impact of the Fed’s reduction of its MBS and Treasury holdings is adding to the volatility in mortgage rates”, said Joel Kan, MBA’s associate vice president of economic and industry forecasting. 2022-09-28T11:06:00"
US 10-Year Treasury Yield Hits 4%,Government Bond 10Y,"US 10-Year Treasury Yield Hits 4%United States Government Bond 10YThe US 10-year Treasury note yield topped the 4% mark, a level not seen since April 2010, as investors braced for aggressive monetary policy tightening by the Federal Reserve. A slew of hawkish Fed speeches confirmed Federal Reserve's commitment to bring inflation back to its 2% target, with Chicago Fed President Charles Evans, St. Louis Fed President James Bullard, and Minneapolis Fed President Neel Kashkari making a case for more rate hikes in future meetings. The Federal Reserve has hiked interest rates for a third consecutive meeting in September to a target range of 3% to 3.25%, with money markets now pricing in another 75 bps hike in November. On top of that, concern over possible Japanese sales of US government debt and a massive selloff among British bonds rattled bond markets. 2022-09-28T07:19:00"
Dollar Hits Fresh 2-Decade High,Currency,"Dollar Hits Fresh 2-Decade HighUnited States CurrencyThe dollar index rose to an over two-decade high of 114.8 on Wednesday before paring some gains to around 114, as hawkish remarks from Federal Reserve officials and the rejection of a possible currency agreement among major economies lent optimism to bulls. A chorus of Fed policymakers indicated the central bank’s determination to do what is necessary to bring down inflation, even at the risk of a recession and further market volatility. Meanwhile, White House National Economic Council Director Brian Deese rejected the idea of another 1985-type currency accord to weaken the dollar. Deese also commented that the US economy’s relative strength was a significant factor driving the dollar higher. 
2022-09-28T05:12:00"
Dollar Index Hits 20-year High,currency,"Dollar Index Hits 20-year HighUnited States currencyDXY increased to a 20-year high of 114.53 after a White House official ruled out a currency agreement to weaken the currency. Meantime, Chicago Fed President Charles Evans and St. Louis Fed President James Bullard made a case for more rate hikes, reaffirming the central bank's commitment to tame inflation even at the risk of a recession. Further, haven demand continued to support the greenback as investors rushed for its safety amid a highly uncertain global economic outlook and escalating recession risks. 2022-09-28T01:30:00"
Crude Oil Stocks Increase by 4.15 Million Bbl,API Crude Oil Stock Change,"Crude Oil Stocks Increase by 4.15 Million BblUnited States API Crude Oil Stock ChangeAPI Crude Oil Stock in the United States increased by 4.15 Million Bbl last week on September 23, up from a change of 1.04 Million Bbl the previous week. Cushing increased by 357k Bbl, gasoline decreased by 1.048m Bbl, and distillates increased by 438k Bbl. Crude prices fell slightly from today's highs on the news. 2022-09-27T20:44:00"
Stocks in United States Hit 21-month Low,Stock Market,Stocks in United States Hit 21-month LowUnited States Stock MarketUS500 decreased to a 21-month low of 36262022-09-27T17:41:07.67
Dollar Bounces Back Above 114,Currency,"Dollar Bounces Back Above 114 United States CurrencyThe dollar index bounced back above the 114 mark, recovering from its daily lows of around 113 as investors reassessed the likely path for US monetary policy. A slew of hawkish Fed speeches, with Chicago Fed President Charles Evans and St. Louis Fed President James Bullard making a case for more rate hikes in future meetings, reaffirmed the central bank's commitment to tame inflation even at the risk of a recession. On top of that, haven demand continued to support the currency as investors rushed for its safety amid a highly uncertain global economic outlook and mounting recession risks. The dollar held near multi-decade highs against the euro and the yen while hovering close to an all-time low against the sterling amid a lack of confidence in Britain's fiscal strategy. 2022-09-27T17:19:00"
US Building Permits Revised Higher,Building Permits,"US Building Permits Revised HigherUnited States Building PermitsBuilding permits in the US, a proxy for future construction, tumbled a revised 8.5% month-over-month to an annualized 1.542 million in August of 2022. It is the lowest reading since August of 2020, with permits falling in the Northeast (-15.9%), the South (-10.9%), the Midwest (-6%) and the West (-0.8%). Permits of single family unites declined to 0.900 million from 0.932 million and those for the multi-family segment went down to 0.642 million from 0.753 million. Early estimates showed building permits have fallen at a greater 10% to 1.517 million in August, with single-family authorizations dropping to 0.899 million units, while approvals of units in buildings with five units or more declined to 0.571 million.2022-09-27T14:38:46.573"
US 5th District Service Sector Activity Unchanged in September,Richmond Fed Services Index,"US 5th District Service Sector Activity Unchanged in SeptemberUnited States Richmond Fed Services IndexThe Service Sector Activity Index in the US fifth district stagnated in September of 2022 from -12 in the previous month. The demand index rebounded to 5 from -11 in August, while capital expenditures rose to 14 from 13 and equipment and software spending rose to 14 from 12. At the same time, the gauge measuring number of employees rose to 11 from 10 in the prior month, but availability of skills needed tanked further to -15 from -5.
2022-09-27T14:23:00"
US 5th District Factory Index Stagnates in September,Richmond Fed Manufacturing Index,"US 5th District Factory Index Stagnates in SeptemberUnited States Richmond Fed Manufacturing IndexThe Richmond Fed composite manufacturing index was at 0 in September of 2022 from -8 in the previous month. Improvement took place in the shipments subindex, rising to 14 from -8 in August and offsetting the decline in volume of new orders, which eased to -11 from -20. In the meantime, the employment index stagnated from 11 in the prior month. The wage index continued its upward momentum and jumped to 40 from 27, but the availability of skills demanded by manufacturers fell further to -6 from -3. Also, the negative gauge in local business conditions index eased to -5 from -14. On the price front, both prices paid and prices received edged down from the prior month’s values. Looking forward, expectations of conditions over the next six months improved for shipments and volumes of new orders. 2022-09-27T14:12:00"
Wall Street Regains Some Traction,Stock Market,"Wall Street Regains Some Traction United States Stock MarketThe Dow rose 200 points on Tuesday, while the S&P 500 and the Nasdaq added roughly 1% as dip buyers emerged to blunt a five-day selloff that dragged Wall Street to fresh yearly lows. The market movement came in tandem with easing Treasury yields, which brought some respite to beaten-down technology and other high-growth stocks. Rate-sensitive companies, including Microsoft, Amazon, Alphabet, Facebook, Apple, and Tesla, were up between 1% and 3%. Still, sentiment remained clouded by lingering concerns about corporate America coming under heavy pressure from inflation, an economic downturn, and soaring interest rates. Markets also digested a slew of hawkish Fed speeches, with Chicago Fed President Charles Evans and St. Louis Fed President James Bullard making a case for more rate hikes in future meetings. On the data front, the latest report from the US Census Bureau showed that new home sales soared 28.8% from a month earlier to a seasonally adjusted annual rate of 685K in August 2022. 2022-09-27T13:32:00"
US House Prices Drop for 1st Time in Over 2 Years: FHFA,House Price Index MoM,"US House Prices Drop for 1st Time in Over 2 Years: FHFAUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US dropped 0.6 percent from a month earlier in July 2022, the first monthly fall since May 2020 when the economy experienced lockdowns as a result of COVID-19. This decline was widespread as eight of the nine census divisions saw a decrease, as demand for new houses was hit by rising interest rates. The largest monthly fall was recorded in the Pacific division (-1.6 percent), followed by decreases in the New England (-1.1 percent) and Mountain regions (-1.0 percent). On a yearly basis, house prices were up 13.9 percent, the least since February 2021.2022-09-27T13:09:00"
US Home Price Growth Lowest in Over a Year,Case Shiller Home Price Index YoY,"US Home Price Growth Lowest in Over a YearUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US increased only 16.1% year-on-year in July of 2022, decelerating for a third consecutive month, and below market forecasts of a 17% rise. It is also the smallest increase in home cost since April last year, with all 20 cities reporting deceleration, as the Fed continues to move interest rates up, making mortgage financing more expensive. Prices in Tampa (31.8%), Miami (31.7%), and Dallas (24.7%) rose the most while Minneapolis (9%), Washington (9.4%), and San Francisco (10.8%) recorded the smallest increases. Meanwhile, the National Composite Index rose by 15.8% in July, following an 18.1% hike in June. The -2.3% difference between those two monthly rates of gain is the largest deceleration in the history of the index. ""Given the prospects for a more challenging macroeconomic environment, home prices may well continue to decelerate”, Craig J. Lazzara, Managing Director at S&P DJI said.2022-09-27T13:05:00"
Wall Street Set to Rebound,Stock Market,"Wall Street Set to Rebound United States Stock MarketStock futures contracts tied to the three major indices were up 1% on Tuesday, putting Wall Street on track to rebound as dip buyers emerged to blunt a five-day selloff that dragged the blue-chip Dow and S&P 500 to new yearly lows. The market movement came in tandem with easing Treasury yields, which brought some respite to beaten-down technology and other high-growth stocks. Still, sentiment remained clouded by lingering concerns about corporate America coming under heavy pressure from surging inflation, an economic downturn, and higher interest rates. On top of that, markets digested several hawkish Fed speeches, including those from Boston Fed president Susan Collins, Atlanta Fed president Raphael Bostic, Cleveland Fed president Loretta Mester, and Chicago Federal Reserve Bank President Charles Evans. 2022-09-27T11:12:00"
Dollar Rally Takes a Breather,Currency,"Dollar Rally Takes a BreatherUnited States CurrencyThe dollar index fell below 114 on Tuesday, easing slightly from a fresh 20-year high of 114.5 reached in the previous session as investors took some profits and paused for breath following a sharp rally. Meanwhile, the greenback remains at historical highs against its major peers on expectations that the Federal Reserve will tighten monetary settings further to stamp out surging inflation. A slew of Fed officials indicated their commitment to the fight against inflation on Monday, even at the risk of some economic pain and further market volatility. Haven demand also continued to support the dollar as investors rush for its safety amid a highly uncertain global economic outlook and mounting recession risks. The dollar held near multi-decade highs against the euro and the yen, while hovering close to an all-time low against the sterling amid a lack of confidence in Britain's fiscal strategy.2022-09-27T03:56:00"
Mester Says Rates Are Not Coming Down Next Year,Interest Rate,"Mester Says Rates Are Not Coming Down Next YearUnited States Interest RateCleveland Fed President Loretta Mester gave a hawkish speech Monday saying that inflation is ""unacceptably high"" and that ""when there is uncertainty, it can be better for policymakers to act more aggressively because aggressive and preemptive action can prevent the worst case outcomes."" She added that she would be ""very cautious"" when assessing inflation, saying she would need to see several months of MoM declines in the inflation rate to be convinced of it peaking. The Fed last week increased its policy rate by 75bps and raised its peak target rate to 4.6%.2022-09-26T20:49:00"
US Stocks Retreat For 5th Session,Stock Market,"US Stocks Retreat For 5th SessionUnited States Stock MarketWall Street extended losses for a fifth consecutive session Monday, with the Dow falling 325 points down 1.1%, the S&P 500 retreating 1.03%, and the Nasdaq 0.60%, as signals that inflation is becoming more entrenched in the economy paved the way for further interest rate increases. On Monday, Fed Collins said additional tightening is needed to rein in stubbornly high inflation and cautioned the process will require some job losses. Losses were also driven by foreign currency worries after the British pound tumbled to record lows against the USD and the BoE said it will not hesitate to raise rates if needed to control inflation. Energy shares were in the red across the indices as crude oil prices fell over 2%, with Baker Hughes falling nearly 6%. On a positive note, Wynn Resorts and Las Vegas Sands skyrocketed over 12% each, following news that China might, after almost three years, allow tour groups in Macau.2022-09-26T20:02:00"
US Stocks Down for 5th Session,Stock Market,"US Stocks Down for 5th SessionUnited States Stock MarketWall Street extended losses for a fifth consecutive session Monday, with the Dow falling more than 300 points, the S&P 500 retreating 0.9% and the Nasdaq 0.5% as signals that inflation is becoming more entrenched in the economy paved the way for further interest rate increases. On Monday, Fed Collins said additional tightening is needed to rein in stubbornly high inflation and cautioned the process will require some job losses. Losses were also driven by foreign currency worries after the British pound tumbled to record lows against the USD and the BoE said it will not hesitate to raise rates if needed to control inflation. On a positive note, Wynn Resorts and Las Vegas Sands skyrocketed over 13% each, following news that China might, after almost three years, allow tour groups in Macau.2022-09-26T16:36:00"
US Bond Sell-Off Accelerates,Government Bond 10Y,"US Bond Sell-Off Accelerates United States Government Bond 10YThe US 10-year Treasury note yield briefly broke above the 3.8% mark for the first time since April 2010 as expectations of higher interest rates to rein on sky-high inflation continued to dent appetite for government debt. The Federal Reserve has hiked interest rates for a third consecutive meeting in September to a target range of 3% to 3.25%, with money markets now pricing in another 75 bps hike in November. Policymakers also significantly cut their outlook for 2022 economic growth, expecting just a 0.2% gain in GDP, down from 1.7% in June. Meantime, the 2-year Treasury yield surged above 4.3%, the highest since 2007, widening the gap in the former and further inverting the yield curve.2022-09-26T13:56:10.43"
Wall Street Struggles to Make Headway,Stock Market,"Wall Street Struggles to Make Headway United States Stock MarketThe blue-chip Dow and S&P 500 lost roughly 0.5% on Monday, and the tech-heavy Nasdaq was trading around the flatline as signals that inflation is becoming more entrenched in the economy paved the way for further interest rate increases. The Federal Reserve has reaffirmed its commitment to bring down inflation to its 2% target even at the risk of a recession, curbing market speculation that the central bank would pivot towards cutting rates. Money markets are seeing rates rising as high as 4.6% in 2023 with no rate cuts until 2024. Elsewhere, the British pound has tumbled to an all-time low against the dollar after the new government announced historic tax cuts and massive increases in borrowing against a backdrop of global recession fears. 
2022-09-26T13:33:00"
Dollar Scales Fresh 2-Decade High,Currency,"Dollar Scales Fresh 2-Decade HighUnited States CurrencyThe dollar index hit the 114 mark on Monday for the first time since May 2020, lifted by the Federal Reserve’s aggressive plan to stamp out inflation and escalating risk of a global recession. The Fed raised interest rates by 75 basis points for a third consecutive meeting last week and forecasted rates to peak at 4.6% next year with no cuts until 2024, putting an end to all hopes for a dovish pivot. The dollar also benefited from haven demand as global economic uncertainties prompted investors to rush for the greenback’s safety. It surged to an all-time low against the sterling as the new  administration in the UK unveiled historic tax cuts funded by the largest government borrowing since 1972. The dollar also scaled two-decade highs against the euro and over two-year highs against the antipodean currencies, while recouping recent losses against the yen following Japan’s intervention.2022-09-26T04:07:01.507"
Wall Street Retests Yearly Lows,Stock Market,"Wall Street Retests Yearly Lows United States Stock MarketThe Dow tumbled below the key 30,000 mark to levels not seen in almost two years while entering a bear market, and the S&P 500 and the Nasdaq lost more than 2% each and were just shy of their June lows as a Fed-induced selloff intensified. All three major averages are on track for their second straight weekly decline, down roughly 5% each. Sentiment remains clouded by a worsening outlook for growth, with sky-high inflation hitting Main Street while dampening consumer spending. At the same time, prospects of further interest rates from the Federal Reserve, with the central bank seeing rates rising as high as 4.6% in 2023, exacerbated the risk of a recession. On the corporate side, shares of Costco Wholesale dropped almost 5% after the big-box retailer reported a drop in its fourth-quarter profit margins. Disappointing results from Costco added to dire outlooks from several companies, including FedEx and Ford Motor. 2022-09-23T18:12:00"
US Private Sector Output Falls at Softer Pace,Composite PMI,"US Private Sector Output Falls at Softer PaceUnited States Composite PMIThe S&P Global US Composite PMI increased to 49.3 in September 2022 from 44.6 in the previous month, pointing to a softer decline in private sector business activity, a preliminary estimate showed. Service output contracted at a slower rate, while manufacturers continued to register a slight fall in production. New orders rebounded despite a continued decline in export orders, while employment rose. On the price front, input cost inflation eased to the slowest since the start of 2021, but remained high overall on the back of interest rate hikes and material and wage increases. Looking ahead, business confidence picked up to a four-month high and was only just below the series trend on hopes of further upticks in new orders and the acquisition of new customers.2022-09-23T13:55:00"
US Service Sector Contracts for 3rd Month in a Row,Services PMI,"US Service Sector Contracts for 3rd Month in a RowUnited States Services PMIThe S&P Global US Services PMI rose to 49.2 in September 2022 from 43.7 in the previous month, easily beating market expectations of 45.0 but signaling a third consecutive month of contraction in the sector. Business activity dropped at the softest pace for three months, due to a pick up in new orders and client demand. Still, new export orders fell for the fourth month running, while backlogs of work returned to growth. On the price front, the rate of cost inflation was the slowest since January 2021 amid reports of drops in some material costs, but remained high overall. Finally, business confidence was the strongest since May amid improved expectations around client demand.2022-09-23T13:50:00"
"Dow Jones Sinks Below 30,000",Stock Market,"Dow Jones Sinks Below 30,000 United States Stock MarketThe Dow tumbled below the key 30,000 mark to levels not seen in almost two years, and the S&P 500 and the Nasdaq lost 1% each as a Fed-induced selloff intensified, putting all the three major averages on track for their second straight weekly decline. Sentiment remains clouded by a worsening outlook for growth, with sky-high inflation hitting Main Street while dampening consumer spending. At the same time, prospects of further interest rates from the Federal Reserve, with the central bank seeing rates rising as high as 4.6% in 2023, exacerbated the risk of a recession. Now all eyes turn to Fed chair Powell's speech later today for further clues about growth and monetary policy outlook. 2022-09-23T13:32:00"
Dollar Hovers Near 20-Year High on Fed Boost,Currency,"Dollar Hovers Near 20-Year High on Fed BoostUnited States CurrencyThe dollar index held above 111 on Friday, hovering near a 20-year high of 11.81 hit in the previous session, underpinned by expectations that the Federal Reserve will remain aggressive in fighting inflation even at the risk of a recession. The Fed raised interest rates by 75 basis points for a third time in a row on Wednesday and projected rates to peak at 4.6% next year with no cuts until 2024, defying market speculations that the central bank could ease policy in 2023 to better manage the economy. The dollar also benefited from safe-haven flows amid escalating geopolitical tensions surrounding Ukraine and growing fears about a global economic slowdown. The greenback scaled multi-decade highs against the euro and the sterling, while hovering over two-year highs against the Australian and New Zealand dollars. Meanwhile, the dollar weakened against the yen after Japanese authorities intervened in the currency markets for the first time since 1998.2022-09-23T04:30:14.723"
Wall Steet Set for 2nd Weekly Loss,Stock Market,"Wall Steet Set for 2nd Weekly LossUnited States Stock MarketUS stock futures fell on Friday, with the Dow remaining below 30,000 points and on track to decline for the second straight week as investors fretted about the diminishing odds of a soft economic landing as the Federal Reserve remains intent on bringing down inflation with aggressive interest rate hikes. Futures contracts tied to the three major indexes were all in negative territory. In extended trading, Costco dropped nearly 3% after reporting higher labor and freight costs, while DocuSign and Guidewire rose on positive corporate updates. The major averages extended losses on Thursday, with the Dow losing 0.35%, while the S&P 500 and Nasdaq Composite declined 0.84% and 1.37%, respectively. Consumer discretionary, financials and industrials were hit by recession fears, while defensive stocks outperformed. All three benchmarks are headed for their second straight losing week and are all down at least 2% so far during the period.2022-09-23T00:13:00"
Costco Wholesale earnings above expectations at 4.20 USD,Earnings,"Costco Wholesale earnings above expectations at 4.20 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 4.20 USD, compared to market expectations of 4.15 USD.2022-09-22T20:20:24.043"
"US Stocks Edge Down, NASDAQ Underperforms",Stock Market,"US Stocks Edge Down, NASDAQ UnderperformsUnited States Stock MarketThe Dow closed slightly down, falling 107 points or 0.36% on Thursday, while the S&P 500 and Nasdaq fell 0.28% and 1.37%, as investors fretted over the implications of tighter global monetary policy on the growth momentum. The Federal Reserve hiked interest rates for a third consecutive meeting on Wednesday and pledged to continue increasing rates as high as 4.6% in 2023 until inflation is under control. Adding to the gloomy outlook, Fed Chairman Jerome Powell, at his post-meeting news conference, indicated that a premature relaxation of monetary policy would be a significant negative and that some pain would be necessary to bring down inflation. The Fed also revised its estimate for unemployment to be 4.4% in 2023 and 2024, up from previous forecasts of 3.9% and 4.1%, while upbeat US jobless claims figures cemented expectations that the job market remains robust. 
2022-09-22T20:01:00"
Tenth District Manufacturing Activity Remains Sluggish,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Remains Sluggish United States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production Index recovered to 2 in September 2022 from -9 in the prior month. Still, factory growth remained downbeat, led by decreased activity at durable goods plants, primarily electrical, furniture, nonmetallic mineral, primary metal, fabricated metal, and transportation equipment manufacturing. “Regional factory activity was sluggish overall in September. However, firms continued to add workers and were moderately optimistic about growth in coming months,” said Chad Wilkerson, vice president, and economist at the Federal Reserve Bank of Kansas City.2022-09-22T16:34:57.457"
US Mortgage Rates Climb to Highest since October 2008,30 Year Mortgage Rate,"US Mortgage Rates Climb to Highest since October 2008United States 30 Year Mortgage RateThe average rate on a 30-year fixed mortgage climbed to 6.29% this week, the highest since October 2008, up from 6.02% last week and 2.88% a year ago, according to a survey of lenders by mortgage giant Freddie Mac. It comes after the 10-year Treasury yield hit its highest level since 2011. The 15-year fixed-rate mortgage averaged 5.44%, up from 5.21% last week and 5.21% a year ago. The average rate on a five-year Treasury-indexed hybrid adjustable-rate mortgage, or ARM, was 4.97%, up from 4.93% last week and 2.43% last year.2022-09-22T15:23:00"
Wall Street Struggles to Make Headway,Stock Market,"Wall Street Struggles to Make HeadwayUnited States Stock MarketThe Dow lost around 100 points on Thursday, and the S&P 500 and Nasdaq tumbled 0.8% and 1.2%, respectively, as investors fretted over the implications of tighter global monetary policy on the growth momentum. The Federal Reserve has hiked interest rates for a third consecutive meeting on Wednesday while pledging to continue increasing rates as high as 4.6% in 2023 until inflation is under control. Adding to the gloomy outlook, Fed Chairman Jerome Powell, at his post-meeting news conference, indicated that a premature relaxation of monetary policy while battling inflation could have consequences while saying that some pain will be necessary to bring down inflation. Elsewhere, policymakers in the UK and Switzerland raised rates by 50 and 75 bps, respectively, while the ECB hinted at further interest rate hikes. On the data front, upbeat US jobless claims figures cemented expectations that the job market remains robust. 2022-09-22T13:34:00"
Dollar Hovers Near 20-Year High on Fed Boost,Currency,"Dollar Hovers Near 20-Year High on Fed BoostUnited States CurrencyThe dollar index held above 111 on Friday, hovering near its highest levels in 20 years, after the Federal Reserve delivered its third straight 75 basis point rate hike and offered a hawkish outlook for rates. Fed officials projected rates to peak at 4.6% next year with no cuts until 2024, defying market speculations that the central bank could ease policy in 2023 to manage the economy. The dollar also benefited from safe-haven flows after President Vladimir Putin announced a partial military mobilization in Russia, in a significant escalation of the conflict in Ukraine. The greenback climbed to multi-decade highs against the euro and the sterling, while hovering over two-year highs against the Australian and New Zealand dollars. Meanwhile, the yen sank to a fresh 24-year low against the dollar as the Bank of Japan maintained its ultra-loose policy, remaining an outlier among a global wave of central bank policy tightening.2022-09-22T04:47:00"
US Stocks Bounce Back on Powell Comments,Stock Market,"US Stocks Bounce Back on Powell Comments United States Stock MarketAfter an initial selloff, all three major US indexes regained some ground as Fed Chair Jerome Powell argued that the economy remains resilient and capable of handling tightening financial conditions. The Fed delivered a 75 bps rate hike for a third consecutive meeting while signaling further increases in the next few months. The terminal rate, the peak spot where the federal funds rate is, is now seen at 4.6%, with policymakers anticipating cutting interest rates in 2024 and extending that into 2025. Officials also significantly cut their outlook for 2022 economic growth, expecting just a 0.2% gain in GDP, down from 1.7% in June. 2022-09-21T19:03:00"
US 10-Year Treasury Yield Rockets Above 3.6%,Government Bond 10Y,"US 10-Year Treasury Yield Rockets Above 3.6% United States Government Bond 10YThe US 10-year Treasury note yield briefly broke above the 3.6% mark for the first time since April  2011 after the Federal Reserve ratcheted up its campaign against inflation by raising its federal-funds rate by 0.75 percentage points. The terminal rate, the peak spot where the federal funds rate is, is now seen at 4.6%, with policymakers anticipating cutting interest rates in 2024 and extending that into 2025. Officials also significantly cut their outlook for 2022 economic growth, expecting just a 0.2% gain in GDP, down from 1.7% in June. Meantime, the 2-year Treasury yield surged above 4.1%, the highest since 2007.2022-09-21T18:17:00"
US Crude Stocks Increase for 3rd Week: EIA,Crude Oil Stocks Change,"US Crude Stocks Increase for 3rd Week: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 1.142 million barrels in the week ended September 16th, below market expectations of a 2.161-million-barrel increase, according to EIA's latest report. That was largely due to another big release of barrels from US strategic reserves, which this past week came to 6.9 million barrels. Also, crude stocks at Cushing, Oklahoma, went up by 0.343 million barrels and gasoline stocks climbed by 1.569 million barrels, versus forecast for a 0.431 million draw. Meanwhile, distillate stockpiles, which include diesel and heating oil, surged by 1.231 million barrels, more than forecast of a 0.42 million injection. 2022-09-21T14:37:00"
Wall Street Regains Some Traction,Stock Market,"Wall Street Regains Some Traction United States Stock MarketThe Dow added over 100 points on Wednesday, and the S&P 500 and Nasdaq rallied roughly 0.5% each as investors reassessed the outlook for monetary policy ahead of an eagerly anticipated interest rate decision by the Federal Reserve. The US central bank will likely announce a third straight 75 basis point rate increase, with money markets now pricing an 18% chance of a jumbo, 100 bps hike. Investors will also look for longer-term economic projections and dot plot estimates for cues on the Fed's insight into the terminal level and the inflation, economic growth, and unemployment outlooks. On the corporate side, shares of General Mills advanced almost 5% on solid quarterly profit results and upbeat forward guidance. Lennar, KB Homes, and Steelcase are also expected to report results later today. 2022-09-21T13:34:00"
"US Stocks to Open Slightly Higher, Fed Awaited",Stock Market,"US Stocks to Open Slightly Higher, Fed AwaitedUnited States Stock MarketUS futures were slightly higher on Wednesday, with contracts on the Dow Jones adding almost 150 points while both the S&P 500 and the Nasdaq gained 0.5% each, as investors await the FOMC decision later in the day. The Fed is expected to lift its policy rate by 75 bps for the third consecutive time and provide fresh forecasts for inflation, GDP, unemployment and interest rate. At the same time, Treasury yields edged lower after President Putin announcement of a partial mobilization of Russian population, escalating the war in Ukraine. In regular trading on Tuesday, the Dow fell 1%, the S&P 500 dropped 1.1% and the Nasdaq 1%, with all three benchmarks closing at their lowest levels in 2 months.2022-09-21T12:53:00"
Treasury Yields Fall on Ukraine War Escalation,Government Bond 10Y,"Treasury Yields Fall on Ukraine War EscalationUnited States Government Bond 10YThe yield on the US 10-year Treasury note, which sets the tone for corporate and household borrowing costs worldwide, fell to 3.52% on Wednesday, after hitting an over twelve-year high of 3.6% the day before, as safe haven demand increased after President Putin announced a partial military mobilization in Russia, raising uncertainty over the escalation of the war in Ukraine. Meanwhile, investors await the FOMC announcement later in the day with the Fed set to announce a third consecutive 75bps rate hike while bets of a full point increase have scaled back. Investors will also keep a close eye on the so-called dot plot for projections on where rates may go later this year and next year. In Europe, the German 10-year Bund retreated to below 1.9% from nearly nine-year highs early in the week.2022-09-21T08:45:00"
Dollar Index Hits 20-year High,currency,Dollar Index Hits 20-year HighUnited States currencyDXY increased to a 20-year high of 110.792022-09-21T06:41:29.353
Dollar Firms Up on Hawkish Fed View,Currency,"Dollar Firms Up on Hawkish Fed ViewUnited States CurrencyThe dollar index firmed up above 110 on Wednesday, moving closer to its highest levels in 20 years, lifted by expectations that the Federal Reserve will deliver another outsized interest rate hike and signal strong commitment to bringing down inflation. The greenback also tracked Treasury yields higher, with the benchmark 10-year US yield rising above 3.5% to its highest since February 2011. US policymakers are widely expected to deliver a third straight 75 basis point increase on Wednesday to tame elevated inflationary pressures, with some analysts betting on a bigger full percentage point hike. Investors will zero in on the updated economic projections and dot plot estimates to guide the outlook for US interest rates, as well as Fed Chair Jerome Powell’s speech after the meeting for any hawkish surprises. Also, the US economy has been showing relative strength in the face of slowing global growth, making the dollar more attractive for investors looking for safety.2022-09-21T02:59:20.933"
US Futures Flat Ahead of Fed Decision,Stock Market,"US Futures Flat Ahead of Fed DecisionUnited States Stock MarketUS stock futures were little changed on Wednesday as investors moved to the sidelines ahead of a key Federal Reserve decision, where it is expected to announce another outsized rate hike to curb high inflation. Futures contracts tied to the three major indexes were all near breakeven. In extended trading, Stitch Fix tumbled 3% on disappointing earnings and revenue, with company CEO Elizabeth Spaulding citing a challenging macroeconomic environment that is weighing on retail spending. In regular trading on Tuesday, the Dow fell 1.01%, the S&P 500 dropped 1.13% and the Nasdaq Composite lost 0.95%, with all three benchmarks closing at their lowest levels in 2 months. All S&P sectors declined, led by real estate, materials and consumer discretionary. Stock reversed gains from earlier this week as the Fed is expected to signal its firm commitment to fighting inflation, while the third quarter earnings season also loomed over the markets.2022-09-20T23:59:00"
US Crude Oil Inventories Rise Less than Expected: API,API Crude Oil Stock Change,"US Crude Oil Inventories Rise Less than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 1,035 million barrels in the week ended September 16th, 2022, below market expectations of a 2.321-million-barrel increase and following a 6.035 million barrels injection in the previous week.2022-09-20T20:38:00"
Wall Street Closes Lower as Tightening Worries Persist,Stock Market,"Wall Street Closes Lower as Tightening Worries PersistUnited States Stock MarketThe Dow lost almost 300 points on Tuesday, and the S&P 500 and Nasdaq dropped 1.1% and 0.8%, respectively, as tightening financial conditions and growth concerns have been a mounting headwind for equities. The Federal Reserve will almost certainly hike the key interest rate by 75 bps, with money markets now pricing a 16% chance of a jumbo, 100 bps increase. On the corporate side, Ford tumbled over 10% after warning that supply chain issues would cost the company an additional $1 billion in the third quarter. Meanwhile, Treasury yields continued to march higher to hit fresh multi-year highs, putting further pressure on technology and other growth-related stocks.2022-09-20T20:02:00"
Wall Street Extends Selloff,Stock Market,"Wall Street Extends SelloffUnited States Stock MarketThe Dow lost almost 500 points in afternoon deals on Tuesday, and the S&P 500 and Nasdaq dropped 1.5% and 1.2%, respectively, as tightening financial conditions and growth concerns have been a mounting headwind for equities. The Federal Reserve will almost certainly hike the key interest rate by 75 bps, with money markets now pricing a 16% chance of a jumbo, 100 bps increase. On the corporate side, Ford tumbled over 10% after warning that supply chain issues would cost the company an additional $1 billion in the third quarter. Meanwhile, Treasury yields continued to march higher to hit fresh multi-year highs, putting further pressure on technology and other growth-related stocks.2022-09-20T17:51:09.363"
US Stocks Remain Under Pressure,Stock Market,"US Stocks Remain Under Pressure United States Stock MarketThe Dow tumbled over 200 points on Tuesday, and the S&P 500 and the Nasdaq lost nearly 0.9% each as investors refrained from opening new positions ahead of the outcome of the US Federal Reserve's two-day policy meeting which starts today. The US central bank will almost certainly increase the key interest rate by 75 bps, with money markets now pricing an 18% chance of a jumbo, 100 bps hike. On the corporate side, Ford tumbled over 5% after warning that supply chain issues would cost the company an additional $1 billion in the third quarter. Meanwhile, Treasury yields continued to march higher to hit fresh multi-year highs, putting further pressure on technology and other growth-related stocks. 2022-09-20T13:31:00"
Dollar Extends Gains After Strong Housing Data,Currency,"Dollar Extends Gains After Strong Housing DataUnited States CurrencyThe dollar index extended gains above 110 against a basket of currencies on Tuesday, moving closer towards its highest level in 20 years, as investors were bracing for the third interest rate hike by the Federal Reserve. US policymakers are expected to deliver a 75 basis point increase on Wednesday to tame elevated inflationary pressures, with some analysts betting on a bigger full percentage point hike. Also, the US economy has been showing relative strength in the face of slowing global growth, making the dollar more attractive for investors looking for safety. Meanwhile, the market is also monitoring other major central banks' meetings, with the Swiss National Bank and the Bank of England also expected to raise interest rates this week.2022-09-20T12:42:00"
US Building Permits Fall the Most Since April 2020,Building Permits,"US Building Permits Fall the Most Since April 2020United States Building PermitsBuilding permits in the US, a proxy for future construction, tumbled 10% to an annualized rate of 1.517 million in August of 2022, well below market expectations of 1.61 million. It was the biggest drop since April 2020 and the lowest level since June 2020. Single-family authorizations dropped 3.5 percent to 899 thousand units, while approvals of units in buildings with five units or more declined 18.5 percent to 571 thousand. Permits fell in the Northeast (-15.2 percent to 139 thousand), the Midwest (-6.5 percent to 201 thousand), the South (-13.5 percent to 802 thousand) and the West (-1.1 percent to 375 thousand).2022-09-20T12:33:00"
Fed to Hike Rates by 75bps for 3rd Time,Interest Rate,"Fed to Hike Rates by 75bps for 3rd Time United States Interest RateThe Federal Reserve is expected to deliver a 75 bps hike during its September 2022 meeting, which would be the third straight three-quarter point increase, pushing borrowing costs to the 3%-3.25% range, the highest since 2008. Some analysts still bet the central bank could deliver an even bigger rate hike. At the same time, the so-called dot plot is expected to show interest rates will likely reach 4% by December, above 3.4% projected in June, and rise to around 4.5% next year, higher than 3.8% seen three months ago. Fed policymakers have been reiterating their commitment to bring inflation down which holds close to levels not seen in 40 years. Investors will also keep a close eye on new projections for inflation, unemployment, and GDP.2022-09-20T11:12:00"
Dollar Holds Steady Ahead of Fed Rate Hike,Currency,"Dollar Holds Steady Ahead of Fed Rate HikeUnited States CurrencyThe dollar index held steady around 109.5 on Tuesday, hovering close to its highest levels in 20 year, as investors geared up for another supersized interest rate hike from the Federal Reserve to tame elevated inflationary pressures. Higher-than-expected inflation numbers and solid economic data in the US last week cemented expectations that the Fed will tighten further, and markets are currently priced for a third straight 75 basis point increase, while some analysts are betting on a bigger full percentage point hike. The US economy also showed relative strength in the face of slowing global growth, making the dollar more attractive for investors looking for safety. Meanwhile, investors remained cautious as other major central banks such as the Swiss National Bank and the Bank of England are also expected to raise interest rates this week, and a hawkish surprise could spur more currency volatility.2022-09-20T04:08:20.547"
Wall Street Regains Ground,Stock Market,"Wall Street Regains Ground United States Stock MarketThe Dow added almost 200 points on Monday, while the S&P 500 and Nasdaq rallied roughly 0.7% each as dip buyers emerged after last week's selloff on worries about monetary policy tightening. Sky-high inflation and signs that the job market remains robust cemented expectations for a third consecutive 0.75 percentage point rate hike later this week, which would lift the fed funds rate to a target range of 3% to 3.25%. On the data front, confidence among US single-family homebuilders fell for the ninth straight month in September as soaring mortgage rates and persistently high prices for building materials continued to spook potential buyers. The market movement came in tandem with another selloff in bond markets, with the yield on 10-year US government debt surging past 3.5% for the first time since April 2011.2022-09-19T20:01:00"
Wall Street Pare Losses,Stock Market,"Wall Street Pare LossesUnited States Stock MarketUS stocks recovered from a sour open on Monday, with the Dow Jones index bouncing back from an over 300-point drop to around 30,900 and the S&P 500 and the Nasdaq crossing into positive territory as investors reassessed the outlook for monetary policy. Sky-high inflation and signs that the job market remains robust cemented expectations for a third consecutive 0.75 percentage point rate hike later this week, which would lift the fed funds rate to a target range of 3% to 3.25%. Worries now mount that such an effort to bring down inflation to its 2% target will push the US into a recession as borrowing costs increase for companies and individual borrowers. The market movement came in tandem with another selloff in bond markets, with the yield on 10-year US government debt surging past 3.5% for the first time since April 2011. 2022-09-19T14:44:18.6"
Wall Street Extends Slide,Stock Market,"Wall Street Extends SlideUnited States Stock MarketThe Dow lost almost 300 points on Monday, and the S&P 500 and the Nasdaq fell roughly 1% each as investors continued to bet that the Federal Reserve would go ahead with its aggressive tightening plan. Sky-high inflation and signs that the job market remains robust cemented expectations for a third consecutive 0.75 percentage point rate hike later this week, which would lift the fed funds rate to a target range of 3% to 3.25%. Worries now mount that such an effort to bring down inflation to its 2% target will push the US into a recession as borrowing costs increase for companies and individual borrowers. The market movement came in tandem with soaring Treasury yields, which spooked investors away from tech and other growth stocks in anticipation of higher interest rates narrowing the group’s future profit growth. 2022-09-19T13:31:00"
AutoZone earnings above expectations at 40.51 USD,Earnings,"AutoZone earnings above expectations at 40.51 USDUnited States EarningsAutoZone (AZO) released earnings per share at 40.51 USD, compared to market expectations of 38.51 USD.2022-09-19T11:13:24.647"
US 10-Year Bond Yield Remains Close to 10-Year High,Government Bond 10Y,"US 10-Year Bond Yield Remains Close to 10-Year HighUnited States Government Bond 10YThe yield on the 10-year US Treasury note stood at 3.45%, remaining close an over decade high of 3.5% hit in June, amid expectations that the Federal Reserve will further accelerate the pace of its monetary tightening due to stubbornly high inflation. Last week, data showed US consumer prices rose at an 8.3% annual pace in August, decelerating less than expected, while retail sales beat forecasts and weekly unemployment claims fell to their lowest level since May, ramping up bets that the Fed could raise interest rates by as much as 100bps on Wednesday. Increasingly hawkish expectations raised Treasury yields across the board, with the yield on the policy-sensitive 2-year note surging to a 15-year high of 3.86%, inverting the 2-to-30 year yield curve to its steepest this century.2022-09-19T09:16:00"
Dollar Edges Up as Fed Decision Looms,Currency,"Dollar Edges Up as Fed Decision LoomsUnited States CurrencyThe dollar index edged higher to 110 on Monday, hovering close to its highest levels in 20 years as investors were awaiting a big week for central bank decisions, headlined by the Federal Reserve which is expected to deliver another supersized rate hike to tame surging inflation. Higher-than-expected inflation numbers and solid economic data in the US last week cemented expectations that the Fed will tighten further, and markets are currently priced for a third straight 75 basis point increase, while some analysts are betting on a bigger full percentage point hike. The US economy also showed relative strength in the face of slowing global growth, making the dollar attractive for investors looking for safety. Meanwhile, investors remained cautious as other major central banks such as the Swiss National Bank and the Bank of England are also expected to raise interest rates this week, and a hawkish surprise could spur more currency volatility.2022-09-19T04:20:00"
US Capital Inflow Widens in July,Capital Flows,"US Capital Inflow Widens in JulyUnited States Capital FlowsThe United States recorded a capital and financial account surplus of USD 153.5 billion in July of 2022, widening from the upwardly revised USD 22.3 billion in the previous month. Foreign investors acquired a net USD 23.1 billion in Treasuries in the period, easing from the USD 58.9 billion inflow in the previous month. Meanwhile, foreigners bought USD 21.4 billion of long-term US securities.
2022-09-16T20:32:00"
Wall Street Extends Selloff,Stock Market,"Wall Street Extends SelloffUnited States Stock MarketThe Dow lost over 200 points on Friday, while the S&P 500 and the Nasdaq lost 0.9% each as FedEx ugly earnings warning reaffirmed investors' fears about the gloomy global growth outlook. At the same time, prospects of an even more aggressive tightening policy further dented sentiment. FedEx plunged more than 20% after the logistics giant withdrew its full-year guidance while missing earnings estimates as the outlook for the global economy significantly worsened. All three benchmarks are on track to notch their fourth losing week in five. The Dow Jones has plunged 4.5% this week, while the S&P 500 is 4.8% lower. The Nasdaq is down over 6%. 2022-09-16T13:36:00"
Stocks in United States Hit 8-week Low,Stock Market,Stocks in United States Hit 8-week LowUnited States Stock MarketUS500 decreased to a 8-week low of 38782022-09-16T13:30:03.78
Wall Street Set to Extend Losses,Stock Market,"Wall Street Set to Extend LossesUnited States Stock MarketUS stock futures tracking the broader market were down over 0.5% on Friday, putting Wall Street on track to extend its decline as investors fretted over sky-high inflation and a gloomy global growth outlook. At the same time, prospects of an even more aggressive tightening policy further dented sentiment. FedEx plunged more than 20% in premarket trading after the logistics giant withdrew its full-year guidance while missing earnings estimates as the outlook for the global economy significantly worsened. In regular trading on Thursday, the Dow lost 0.6%, the S&P 500 dropped 1.1%, and the Nasdaq Composite tumbled 1.4%, with all three benchmarks on track to notch their fourth losing week in five.2022-09-16T11:35:00"
FedEx earnings below expectations at 3.44 USD,Earnings,"FedEx earnings below expectations at 3.44 USDUnited States EarningsFedEx (FDX) released earnings per share at 3.44 USD, compared to market expectations of 5.17 USD.2022-09-16T07:12:28.95"
Dollar Firms Up Ahead of Fed Meeting,Currency,"Dollar Firms Up Ahead of Fed MeetingUnited States CurrencyThe dollar index firmed up near 20-year highs around 109.8 on Friday and was set for its fourth weekly gain in five, as better-than-expected data cemented expectations that the Federal Reserve will deliver another supersized interest rate hike at next week's policy meeting. Solid US retail sales and jobless claims data on Thursday, along with a surprisingly hot CPI report earlier this week bolstered expectations that the Fed may need to move even more aggressively to arrest surging prices, with some analysts expecting a larger 100 basis point rate increase. The dollar was also supported by safe-haven inflows as the US economy remained resilient at a time an ongoing energy crisis in Europe threatened to push the region into recession, while China continues to grapple with the damaging effects of Covid lockdowns. The greenback holds above parity against the euro and trades near 37-year lows against the sterling, while hovering near multi-year lows against major Asian currencies.2022-09-16T05:26:58.24"
US Bond Yields Extend Rise,Government Bond 10Y,"US Bond Yields Extend RiseUnited States Government Bond 10YThe yield on the 10-year US Treasury note rose above 3.46%, approaching the over 10-year peak of 3.5% hit in June as rising concerns that inflation is becoming entrenched deepened expectations that the Federal Reserve will further accelerate the pace of its monetary tightening. After this week’s CPI report surprised to the upside, the latest data showed that retail sales unexpectedly pick up and weekly unemployment claims fell to their lowest since May, ramping up bets that the Fed could raise interest rates by 100bps next week. Increasingly hawkish expectations raised Treasury yields across the board, with the yield on the policy-sensitive 2-year note surging to a 15-year high of 3.86%, inverting the 2-to-30 year yield curve to its steepest this century. 2022-09-15T17:23:00"
New York Empire State Factory Gauge Steady in August,NY Empire State Manufacturing Index,"New York Empire State Factory Gauge Steady in AugustUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index climbed 30 points to -1.5 in August 2022, beating market expectations of -13. New orders increased, and shipments expanded significantly. Delivery times were steady while inventories picked up. Labor market indicators pointed to a modest increase in employment and no change in the average workweek. While still elevated, the prices paid and prices received indexes moved significantly lower, indicating a deceleration in price increases. Finally, firms remained not much optimistic that business conditions would improve over the next few months. 2022-09-15T16:43:01.497"
Nasdaq 100 Hits 8-Week Low,Stock Market,"Nasdaq 100 Hits 8-Week LowUnited States Stock MarketThe tech-heavy Nasdaq 100 tumbled below the 12,000 mark, a level not seen since July, as prospects of an even more aggressive tightening from the Federal Reserve sent Treasury yields higher, which, in turn, made tech and other growth stocks less attractive. In other corporate news, Adobe slid almost 20% after announcing that it will acquire Figma for $20 billion in a cash and shares deal.
2022-09-15T15:01:00"
US Business Inventories Growth Slows to 14-Month Low,Business Inventories,"US Business Inventories Growth Slows to 14-Month LowUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 0.6 percent from a month earlier in July of 2022, the least since May 2021 and following a 1.4 percent gain in the prior month, in line with market expectations. Stocks slowed for retailers (1.2 percent vs 2 percent in June), merchant wholesalers (0.6 percent vs 1.8 percent), and manufacturers (0.1 percent vs 0.4 percent). Year-on-year, business inventories jumped by 18.4 percent in July.2022-09-15T14:14:33.297"
US Manufacturing Output Unexpectedly Grows,Manufacturing Production MoM,"US Manufacturing Output Unexpectedly GrowsUnited States Manufacturing Production MoMManufacturing production in the United States went up 0.1% in August of 2022, down from a downwardly revised 0.6% rise in the previous month and compared with expectations of a flat reading. The index for durable manufacturing was unchanged, the index for nondurable manufacturing rose 0.2%, and the index for other manufacturing (publishing and logging) edged down 0.1%. Within durables, gains of at least 1.0% were recorded by machinery, by computer and electronic products, by aerospace and miscellaneous transportation equipment, and by miscellaneous manufacturing. Losses of more than 1% were registered by wood products, by motor vehicles and parts, and by furniture and related products. Within nondurables, increases for petroleum and coal products, paper, and chemicals offset decreases for most other industries. Capacity utilization for manufacturing was unchanged in August at 79.6%, a rate that is 1.4%age points above its long-run average.2022-09-15T13:26:38.813"
Adobe Systems earnings above expectations at 3.40 USD,Earnings,"Adobe Systems earnings above expectations at 3.40 USDUnited States EarningsAdobe Systems (ADBE) released earnings per share at 3.40 USD, compared to market expectations of 3.34 USD.2022-09-15T13:14:45.7"
US Import Prices Fall for Second Straight Month,Import Prices MoM,"US Import Prices Fall for Second Straight MonthUnited States Import Prices MoMImport prices in the US fell by 1.0 percent from a month earlier in August of 2022, following a revised 1.5 percent decline in the previous month and compared with market expectations of a 1.2 percent drop as the strong dollar helped to reduce prices of imported goods. It was the second consecutive monthly decline in import prices, as fuel prices declined 6.8 percent while those of nonfuel decreased 0.2 percent. Still, compared to the same period last year, US import prices advanced by 10.8 percent. 2022-09-15T12:38:00"
Factory Activity in Philadelphia Unexpectedly Contracts,Philadelphia Fed Manufacturing Index,"Factory Activity in Philadelphia Unexpectedly ContractsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US fell to -9.9 in September of 2022 from 6.2 in August, missing market expectations of 2.8. The indicator for current activity returned to negative territory, the new orders index remained negative, and the shipments index also declined but remained positive. The firms reported continued increases in employment. The price indexes continue to indicate increases in prices overall. Expectations for growth over the next six months were subdued, as the future general activity index improved but remained negative.2022-09-15T12:38:00"
DXY Loses Ground,Currency,"DXY Loses GroundUnited States CurrencyThe dollar index depreciated further from the 110 level on Thursday, as investors digest the latest batch of economic data and assess the next monetary policy moves. Retail trade data showed less onerous gas prices freed up consumption for other goods and services and weekly jobless claims fell to the lowest since May. Markets are currently expecting the Fed to deliver a 75 bps or 100 bps rate hike next week to combat inflation. US consumer prices unexpectedly rose 0.1% in August from a month ago despite expectations for a 0.1% contraction, while the annual rate eased less than expected to 8.3%. On the other hand, producer prices fell for the second straight month in August, providing investors some relief. 2022-09-15T12:35:00"
10-Year Treasury Note Yield Eases Following Retail Data,Government Bond 10Y,"10-Year Treasury Note Yield Eases Following Retail DataUnited States Government Bond 10YThe yield on the 10-year US Treasury note eased back towards the 3.4% mark, remaining below the over 10-year peak of 3.5% hit in June after US retail sales unexpectedly rose in August. The headline figure pointed to a 0.3% monthly rise in turnover, while retail activity excluding gasoline jumped 0.8%. Still, core retail turnover was flat for the period, raising concerns of lower consumer spending as the Fed quickly raises interest rates and driving investors into the safety of government bonds. At the same time, initial jobless claims fell to their lowest since May and import prices eased less than expected, giving the Fed further room to accelerate the pace of monetary tightening. While a 75bps rate hike in the funds rate is broadly expected, the hotter than expected CPI reading this week triggered bets of a more aggressive 100bps raise. In the meantime, the yield on two-year Treasury notes spiked to an 15-year high of around 3.83%, significantly widening the gap with that of the 10Y.2022-09-15T12:34:00"
Dollar Holds Advance on Hawkish Fed View,Currency,"Dollar Holds Advance on Hawkish Fed ViewUnited States CurrencyThe dollar index traded just below 110 on Thursday, holding its recent advance and hovering near a 20-year high, underpinned by expectations that the Federal Reserve will need to move even more aggressively to combat inflation. US consumer prices unexpectedly rose 0.1% in August from a month ago despite expectations for a 0.1% contraction, while the annual rate eased less than expected to 8.3%. Meanwhile, producer prices fell for the second straight month in August, providing investors some relief. Markets are currently expecting the Fed to deliver its third straight 75 basis point rate hike next week, while fed funds futures are pricing a 37% chance of a bigger 100 basis point increase. The dollar held its recent gains against the euro, sterling and antipodean currencies, while fluctuating against the yen on concerns about a possible intervention.2022-09-15T03:55:44.103"
US Futures Edge Up Ahead of More Data,Stock Market,"US Futures Edge Up Ahead of More DataUnited States Stock MarketUS stock futures edged up on Thursday after the major averages ended the last regular session on a positive note, while investors look ahead to a fresh batch of economic data. Dow futures rose 0.1%, while S&P 500 and Nasdaq 100 futures were both up about 0.2%. In extended trading, Danaher jumped 4% after unveiling plans to spin off its environmental and applied solutions business and raised its third quarter revenue guidance. In regular trading on Wednesday, the Dow rose 0.1%, the S&P 500 climbed 0.34% and the tech-heavy Nasdaq Composite jumped 0.74%. The major averages stabilized after another hot inflation report sent them tumbling to post their worst day in over two years on Tuesday. Meanwhile, US producer prices fell for the second straight month in August, providing markets some comfort. Investors now look ahead to more economic data on Thursday including retail sales, import prices and jobless claims, as well as the Philadelphia Fed and Empire State manufacturing surveys.2022-09-14T23:38:00"
US Crude Stocks Rise More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 2.442 million barrels in the week ended September 9th, above market expectations of a 0.833-million-barrel increase. Also, distillate stockpiles, which include diesel and heating oil, surged by 4.219 million barrels, more than forecast of a 0.6 million injection. Meanwhile, crude stocks at Cushing, Oklahoma, decreased by 0.135 million barrels and gasoline stocks went down by 1.767 million barrels, versus forecast for a 0.858 million draw.2022-09-14T14:38:30.02"
Dollar Pauses Broad Rally,Currency,"Dollar Pauses Broad Rally United States CurrencyThe dollar index weakened towards the 109 mark, giving back some of the gains it made following Tuesday's blockbuster US inflation report, as markets moved their focus to the Fed's two-day September meeting next week. The Labor Department's consumer price index report showed that monthly CPI unexpectedly rose 0.1%, against analysts' expectation of a 0.1% contraction, and the annual rate eased only to 8.3%, less than expected. Such a reading sparked worries that inflation could now be deeply entrenched in the economy, paving the way for an even more aggressive stance from the Federal Reserve. Money markets have priced in a 75 bps hike next week and placed 30% odds on 100 basis points.2022-09-14T10:10:59.747"
Wall Street Plunges Following CPI,Stock Market,"Wall Street Plunges Following CPIUnited States Stock MarketUS stocks fell sharply on Tuesday, as a hotter-than-expected US inflation reading boosted speculation that the Fed will have to move even more aggressively to tame runaway price growth. The Dow plunged nearly 1300 points and the S&P 500 fell 4.3%, marking their worst sessions since June 2020, while the Nasdaq 100 plummeted 5.5% for its sharpest decline since March of 2020. The Labor Department's consumer price index report showed that monthly CPI unexpectedly rose 0.1%, against analysts' expectation of a 0.1% contraction, and the annual rate eased only to 8.3%, less than expected. While a 75bps rate hike is still broadly expected next week, Fed funds futures point to an over 30% likelihood of a more aggressive 100 basis point increase, supporting bets that the policy rate could reach 4.3% in early 2023. Declines were most pronounced in high-growth stocks as the prospect of higher interest rates triggered a rally in Treasury yields, denting appetite for such companies. 2022-09-13T19:44:00"
Wall Street Falls Sharply,Stock Market,"Wall Street Falls SharplyUnited States Stock MarketWall Street's sell-off deepened on Tuesday, with the Dow plunging 1300 points and the S&P 500 and the Nasdaq losing 4.4% and 5.6%, respectively, as a hotter-than-expected US inflation reading boosted speculation that the Fed will have to move even more aggressively to tame runaway price growth. The Labor Department's consumer price index report showed that monthly CPI unexpectedly rose 0.1%, against analysts' expectation of a 0.1% contraction, and the annual rate eased only to 8.3%, less than expected. Money markets have priced in a 75 bps hike next week and placed almost 20% odds on 100 basis points. Falls were most pronounced in high-growth stocks as the prospect of higher interest rates triggered a rally in Treasury yields, denting appetite for such companies.2022-09-13T14:33:00"
US 10-Year Treasury Yield Breaks Above 3.4%,Government Bond 10Y,"US 10-Year Treasury Yield Breaks Above 3.4%United States Government Bond 10YThe 10-year US Treasury note yield consolidated above 3.4%, approaching an over 10-year peak of 3.5% touched in early June after a hotter-than-expected CPI report reinforced market bets on more hikes. The US annual inflation rate eased to 8.3% in August from 8.5% in July, less than markets had expected, while the monthly figure went up 0.1%, against expectations of a 0.1% decrease. The US central bank is widely expected to deliver its third straight 75 basis point rate hike at the September 20-21 policy meeting.2022-09-13T12:48:00"
Dollar Muted as Inflation Data Looms,Currency,"Dollar Muted as Inflation Data LoomsUnited States CurrencyThe dollar index steadied around 108.2 in subdued trade on Tuesday, as investors prepared for a key inflation report that could throw light on how aggressive the Federal Reserve will need to be in raising interest rates moving forward. The headline inflation rate in the US is expected to slow on an annual basis from 8.5% in July to 8.1% in August, and a surprise on either side would likely drive further currency volatility. However, the US central bank is still widely expected to deliver its third straight 75 basis point rate hike at the Sept. 20-21 policy meeting despite easing inflationary expectations. Meanwhile, the dollar lost nearly 2% in the past four sessions amid speculations that inflation has already peaked, sparking a rally in risk assets while pressuring the greenback. Hawkish remarks from European Central Bank officials saying that rates would need to increase further if high inflation persists also weighed on the dollar.2022-09-13T04:48:47.983"
Oracle earnings below expectations at 1.03 USD,Earnings,"Oracle earnings below expectations at 1.03 USDUnited States EarningsOracle (ORCL) released earnings per share at 1.03 USD, compared to market expectations of 1.08 USD.2022-09-12T20:19:54.93"
US Stocks Extend Rally Ahead of CPI,Stock Market,"US Stocks Extend Rally Ahead of CPIUnited States Stock MarketUS stocks closed higher for a fourth consecutive session on Monday, extending last week’s rally to levels not seen in two weeks with support from increasing optimism that inflation has peaked. The Dow Jones added over 200 points, while the S&P 500 and the Nasdaq gained 1.1% and 1.3%, respectively. Equities advanced as investors eagerly awaited tomorrow’s CPI report, expected to show that inflation slowed for a second consecutive month to 8.1% in August. Hopes that the Federal Reserve will not have to engage in restrictive policy for an extended period pressured the dollar and supported crude prices, lifting energy shares to be among the best performers of the session. Also, Apple outperformed other tech stocks amid uplifting orders after the release of new products last week. In the meantime, investors also await retail sales and industrial production due later in the week, the final big releases ahead of the Fed’s September decision.
2022-09-12T20:05:00"
Wall Street Enjoys Wave of Momentum,Stock Market,"Wall Street Enjoys Wave of Momentum United States Stock MarketThe Dow added over 200 points on Monday, while the S&P 500 and Nasdaq rallied roughly 0.8% each as investors continued to assess the outlook for monetary policy. Some evidence that economic activity and inflation cooled raised speculation that the Federal Reserve could ease the pace of monetary tightening later this year, despite policymakers reassuring markets that such a policy pivot is unlikely. All eyes now turn to the US August inflation report, the first-tier piece of data that could influence the Fed's rate path before the September meeting. Investors will also keep a close eye on US retail sales and industrial production data for clues about the health of the world's largest economy.2022-09-12T13:37:00"
Wall Street Set to Extend Winning Streak,Stock Market,"Wall Street Set to Extend Winning StreakUnited States Stock MarketStock futures contracts tied to the three major indices were up roughly 0.5% on Monday, setting up Wall Street to extend gains from the previous week as investors continued to assess the outlook for monetary policy. Some evidence that economic activity and inflation cooled raised speculation that the Federal Reserve could ease the pace of monetary tightening later this year, despite policymakers reassuring markets that such a policy pivot is unlikely. All eyes now turn to the US August inflation report, the first-tier piece of data that could influence the Fed's rate path before the September meeting. Investors will also keep a close eye on US retail sales and industrial production data for clues about the health of the world's largest economy. The major averages snapped a three-week losing streak last week, with the Dow climbing 2.7% on the period, while the S&P 500 and Nasdaq Composite gained 3.7% and 4.1%, respectively. 2022-09-12T11:44:00"
"Dollar Falls on Hawkish ECB, CPI Data Eyed",Currency,"Dollar Falls on Hawkish ECB, CPI Data EyedUnited States CurrencyThe dollar index fell toward 108.5 on Monday, retreating further from 20-year highs, as an increasingly hawkish outlook on European Central Bank policy weighed on the greenback. Bundesbank President Joachim Nagel said over the weekend that the ECB will need to continue raising interest rates if high inflation persists, with policymakers reportedly prepared to deliver another jumbo 75 basis point rate hike in October. Meanwhile, investors are also preparing for a key US inflation reading that could influence the Federal Reserve’s rate hike plans. The US CPI due for release on Tuesday is expected to ease from 8.5% in July to 8.1% in August year-over-year, and a surprise to the upside could drive a fresh dollar rally as it would support further tightening from the Fed. Safe-haven demand also provided a floor to the greenback, as the US economy has shown resilience at a time other major economies could be on the brink of recession.2022-09-12T05:33:10.497"
Wall Street Extends Gains for 3rd Session,Stock Market,"Wall Street Extends Gains for 3rd SessionUnited States Stock MarketUS stocks extended gains for the third session on Friday, and snapped a 3-week losing streak as investors looked past hawkish headlines and piled into tech and growth stocks that have been battered since mid-August. Gains came ahead of next week's CPI report, which is expected to show inflation slowed to 8.1% in August from 8.5% in July. The market movement came a day after Fed chair Jerome Powell, in a speech at the Cato Institute, reiterated that the central bank would do what it takes to tame inflation, further curbing any speculation of an imminent policy pivot. The sentiment is likely to remain subdued in anticipation of an economic slowdown and more tightening. On the corporate side, DocuSign jumped more than 10% after the company reported quarterly results that surprised investors on the upside while offering strong guidance. The Dow added 377 points, the S&P 500 1.5% and the Nasdaq 2.1%. For the week, the Dow gained almost 3%, and both the S&P and the Nasdaq about 4%.2022-09-09T19:26:00"
Kroger earnings above expectations at 0.90 USD,Earnings,"Kroger earnings above expectations at 0.90 USDUnited States EarningsKroger (KR) released earnings per share at 0.90 USD, compared to market expectations of 0.80 USD.2022-09-09T14:16:12.14"
Wall Street Extends Gains,Stock Market,"Wall Street Extends Gains United States Stock MarketThe Dow rose over 350 points on Friday, and the S&P 500 and the Nasdaq added 1.5% and 2.1%, respectively, as investors continued to assess the outlook for monetary policy. The market movement came a day after Fed chair Jerome Powell, in a speech at the Cato Institute, reiterated that the central bank would do what it takes to tame inflation, further curbing any speculation of an imminent policy pivot. On the corporate side, DocuSign jumped almost 10% after the company reported quarterly results that surprised investors on the upside while offering strong guidance. The Dow is up over 2.5% for the week, while the S&P 500 and Nasdaq advanced more than 3%, putting the three major indexes on track to snap a three-week losing streak.2022-09-09T13:39:00"
Dollar Eases After Powell Remarks,Currency,"Dollar Eases After Powell RemarksUnited States CurrencyThe dollar index eased below 109 on Friday and was set to snap a tree-week advance, as traders took some profits following a strong rally, while assessing Federal Reserve Chair Jerome Powell’s latest remarks about inflation. Powell said the Fed is “strongly committed” to fighting inflation and cautioned strongly against prematurely loosening policy. However, markets largely took his remarks in stride as traders have already priced in another supersized 75 basis point rate hike at this month’s policy meeting. His comments were also offset by the European Central Bank’s decision to raise its policy rate by a historic margin of 75 basis points on Thursday and signaled further tightening as it aims to get ahead of inflation despite heightened recession risks. Investors now look ahead of US CPI data for August to be released next week, which will be the last inflation report before this month’s policy meeting.2022-09-09T03:40:00"
US Futures Climb as Traders Weigh Powell Remarks,Stock Market,"US Futures Climb as Traders Weigh Powell RemarksUnited States Stock MarketUS stock futures climbed higher on Friday as traders digested Federal Reserve Chair Jerome Powell’s hawkish remarks, saying the central bank will continue tightening policy “until the job is done.” Futures contracts to the three major indexes were all trading in positive territory. In extended trading, Docusign and Zscaler rallied 18% and 12%, respectively, on better-than-expected second quarter earnings and revenue. In regular trading on Thursday, the S&P 500 rose 0.66%, while the Dow and Nasdaq Composite each gained 0.6%, putting all three benchmarks on track to snap a three-week losing streak. Markets largely took Powell’s comments in stride as traders have already priced in another supersized 75 basis point rate increase this month, and further tightening down the line. Investors now look ahead to August inflation data due for release next week.2022-09-09T00:50:00"
US Consumer Credit Rises Less Than Expected,Consumer Credit,"US Consumer Credit Rises Less Than ExpectedUnited States Consumer CreditConsumer credit in the United States increased by USD 23.81 billion in July of 2022, down from a downwardly revised USD 39.1 billion gain in the previous month and well below market expectations of a USD 33 billion rise. Non-revolving credit, which includes auto and student loans went up by USD 12.91 billion while revolving credit, which includes credit card debt, rose by USD 10.9 billion. On an annual basis, the consumer credit advanced by 6.2 percent, following a downwardly revised 10.2 percent increase in June.2022-09-08T19:04:00"
US Crude Stocks Rise the Most since April: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise the Most since April: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories jumped 8.844 million barrels in the week ended September 2nd, the most since April and compared to market expectations of a 0.25-million-barrel decrease. Also, gasoline stocks went up by 0.333 million barrels, versus forecast for a 1.667 million draw. Meanwhile, crude stocks at Cushing, Oklahoma, decreased by 0.501 million barrels and distillate stockpiles, which include diesel and heating oil, rose by 0.095 million barrels, less than expectations of a 0.53 million injection.2022-09-08T15:06:00"
Dollar Approaches 110,Currency,"Dollar Approaches 110United States CurrencyThe dollar approached 110 on Thursday, as Fed Chair reiterated during his speech at the Cato Institute that the central bank is strongly committed to bring inflation down, and that longer inflation remains above target which poses a great risk. Markets are currently betting on another 75bps rate hike when the Fed meets later in the month. At the same time, the US economy is seen in a better shape to handle a recession than other major economies. The dollar strengthened mostly against Euro as investors get more increasingly concerned about the outlook in the Euro Area, even after the ECB delivered a historic 75bps rate hike in its September 2022 meeting.2022-09-08T13:47:00"
The Dow Jones Index went up by 1.40%,Stock Market,"The Dow Jones Index went up by 1.40%United States Stock MarketIn New York the Dow Jones Index gained 436 points or 1.40 percent on Wednesday. Gains were led by Home Depot (2.74%), Walmart (2.57%) and American Express (2.46%).2022-09-08T13:00:09.607"
Dollar Steadies Ahead of Powell Speech,Currency,"Dollar Steadies Ahead of Powell SpeechUnited States CurrencyThe dollar index steadied around 109.5 on Thursday, hovering close to a 20-year high hit in the previous session, as investors braced for Federal Reserve Chair Jerome Powell’s speech for more clues on the central bank’s rate hike path. Powell will speak at the Cato Institute conference later on Thursday, delivering what could be his last public remarks until the Sept. 20-21 policy meeting. In the latest commentary, Fed Vice Chair Lael Brainard stressed the need to bring rates to restrictive levels to get inflation under control, while Boston Fed President Susan Collins said that bringing inflation back down to 2% is the central bank’s main priority. Markets are currently leaning towards another 75 basis point rate hike at this month’s meeting, which would bring the fed funds rate to 3%-3.25%. Meanwhile, traders also await the European Central Bank’s policy decision later today, where it is expected to move more aggressively to tackle inflation despite mounting recession risks.2022-09-08T06:19:33.2"
US Crude Oil Stock Unexpectedly Rise: API,API Crude Oil Stock Change,"US Crude Oil Stock Unexpectedly Rise: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 3.645 million barrels in the week ended September 2nd, compared with market forecasts of a 0.733-million-barrel draw and following a decline of 0.593 million barrels in the previous week. It was the largest injection since the week ended July 8th, data from the American Petroleum Institute showed.2022-09-07T20:43:03.147"
US Imports Drop 2.9% in July,Imports,"US Imports Drop 2.9% in JulyUnited States ImportsImports to the United States declined by 2.9 percent or USD 9.7 billion from a month earlier to USD 329.9 billion in July 2022. Purchases of goods fell by USD 8.5 billion to USD 274.1 billion due to lower imports of consumer goods (-USD 7.4 billion), particularly pharmaceutical preparations (-USD 3.0 billion). At the same time, imports of industrial supplies and materials dropped by USD 1.8 billion, while those of automotive vehicles, parts, and engines rose by USD 1.8 billion. Meantime, services imports fell by USD 1.2 billion to USD 55.9 billion, led by transport (-USD 1.1 billion). 2022-09-07T12:36:00"
US Exports Climb to Fresh Record,Exports,"US Exports Climb to Fresh RecordUnited States ExportsExports from the United States increased by 0.2 percent or USD 0.5 billion from the previous month to USD 259.3 billion in July of 2022, the highest since the series began in 1950. Services exports increased by USD 0.8 billion to USD 76.3 billion, led by travel (USD 0.6 billion) and other business services (USD 0.3 billion). Meanwhile, exports of goods decreased by USD 0.3 billion to USD 183 billion, dragged by industrial supplies and materials (-USD 0.9 billion), mainly natural gas (-USD 1.3 billion) and other petroleum products (-USD 1.0 billion). Also, food, feed, and beverage sales fell by USD 1.3 billion. On the other hand, exports of capital goods increased by USD 2.1 billion, while those of automotive vehicles, parts, and engines grew by USD 0.9 billion. 2022-09-07T12:34:00"
US Mortgage Applications Fall as Rates Jump: MBA,Mortgage Applications,"US Mortgage Applications Fall as Rates Jump: MBAUnited States Mortgage ApplicationsMortgage applications in the US dropped by 0.8% in the week ended September 2nd, a fourth consecutive decline as high mortgage rates continued to discourage buyers. The refinancing index was down 1.1% and the purchase one declined by 0.7%. Meanwhile, the average rate on a 30-year fixed-rate mortgage jumped by 14bps to 5.94%, the highest since mid-June. “Mortgage rates moved higher over the course of last week as markets continued to re-assess the prospects for the economy and the path of monetary policy, with expectations for short-term rates to move and stay higher for longer”, said Mike Fratantoni, MBA chief economist. ""There is no sign of a rebound in purchase applications yet, but the robust job market and an increase in housing inventories should lead to an eventual increase in purchase activity"", Fratantoni added.2022-09-07T11:15:00"
"US Futures Fall as Strong Dollar, Yields Weigh",Stock Market,"US Futures Fall as Strong Dollar, Yields WeighUnited States Stock MarketUS stock futures extended losses on Wednesday, facing renewed pressure from a strong dollar and a surge in Treasury yields that saw the benchmark 10-year US bond yield jump to its highest level since June. Futures contracts tied to the three major indexes were all trading in negative territory. In extended trading, Newell Brands fell more than 4% after lowering its third quarter revenue guidance, while Coupa Software surged nearly 14% on better-than-expected second quarter earnings. In regular trading on Tuesday, the Dow and S&P 500 dropped 0.55% and 0.41%, respectively, for their sixth losing session in seven. Meanwhile, the tech-heavy Nasdaq Composite declined 0.74% for its seventh consecutive down day, its longest losing streak since November 2016. Investors continued to grapple with the Federal Reserve's aggressive fight against inflation, while awaiting the central bank’s latest economic updates and speeches from Fed policymakers.2022-09-07T00:21:00"
US Composite PMI Revised Lower in August,Composite PMI,"US Composite PMI Revised Lower in AugustUnited States Composite PMIThe S&P Global US Composite PMI was revised lower to 44.6 in August of 2022 from a preliminary estimate of 45, down from the 47.7 in July to signal the second consecutive contraction in private sector business and the sharpest since May 2020. The decline in service sector activity (43.7 vs 37.3 in July) more than offset the slight growth for US manufacturers (51.5 vs 52.2). Service providers registered a sharp decline in production and the downturn in new orders accelerated to a two-year low, while output and new business also contracted for US factories. Although still rising markedly, the rate of cost inflation softened to the slowest pace since January 2021, as lower demand drove companies to offer concessions to clients. In the meantime, employment growth dropped to January lows for both sectors. Pressure on capacity eased further for private companies as weaker demand cleared backlogs of work for service providers, while that for manufacturers rose marginally. 2022-09-06T14:25:24.867"
Dollar Hits Fresh 20-Year Peak,Currency,"Dollar Hits Fresh 20-Year PeakUnited States CurrencyThe dollar index gained further ground above the 110 mark, reaching levels not seen since June 2002, as investors brace for more interest rate hikes from the Federal Reserve. The US central bank signaled that it would prioritize the fight against inflation over growth headwinds, with markets currently priced for another 75 bps rate increase this month. On top of that, recessionary fears in the eurozone exacerbated by a worsening energy crisis and fresh coronavirus-induced lockdowns in China also drove safe-haven flows into the dollar. This dollar’s strength was seen across the board, but some of the most pronounced buying activity was against commodity-linked currencies such as the Australian and New Zealand dollars. 2022-09-06T14:01:54.247"
US Services PMI Revised Lower: S&P Global,Services PMI,"US Services PMI Revised Lower: S&P GlobalUnited States Services PMIThe S&P Global US Services PMI was revised lower to 43.7 in August of 2022 from a preliminary reading of 44.1, extending the decline from 47.3 in the prior month and pointing to the sharpest contraction in the US services sector since May 2020. Output was seen sharply lower amid weak domestic and foreign demand, while new orders fell at the sharpest rate in over two years. Simultaneously, employment grew at the slowest pace since January as backlogs of work fell further. On the price front, both input and output charge inflation eased to the lowest in 16 months, aided by a slight decrease in material costs and efforts to drive sales. While business confidence rose to a three-month high, it remained well below the series average as low demand weighed on expectations. 2022-09-06T13:54:20.833"
US 10Y Bond Yield Hits 11-week High,Government Bond 10Y,US 10Y Bond Yield Hits 11-week HighUnited States Government Bond 10YUS 10 Year Government Bond Yield increased to a 11-week high of 3.2976%2022-09-06T13:35:59.297
Wall Street Set to Open Higher,Stock Market,"Wall Street Set to Open HigherUnited States Stock MarketStock futures contracts tied to the three major indices were up roughly 0.5% on Tuesday, putting Wall Street on track to start a holiday-shortened week higher as investors continued to assess the outlook for monetary policy. Several speeches from Federal Reserve policymakers and new economic data, including today's ISM Services figures, will be closely watched for clues about the central bank's rate path. On the corporate side, CVS Health announced that it would purchase Signify Health for almost $8 billion, and Volkswagen revealed its intention to list Porsche in an IPO. In regular trading on Friday, the Dow and S&P 500 both fell 1.07%, while the tech-heavy Nasdaq Composite lost 1.31%, with all three benchmarks closing out their third straight week of losses.2022-09-06T12:33:00"
10-Year Treasury Yield Consolidates Around 3.3%,Government Bond 10Y,"10-Year Treasury Yield Consolidates Around 3.3%United States Government Bond 10YThe 10-year US Treasury note yield consolidated around 3.3%, not far from an over 10-year peak of 3.5% touched in June, as investors reassessed the outlook for monetary policy as the Federal Reserve seeks to rein in soaring inflation by hiking interest rates further even as growth slows. While the US economy is slowing and some industries such as housing show signs of weakness, the labor market has remained robust and quieted fears of a recession. The latest data from the Bureau of Labor Statistics showed that the US economy added 315,000 jobs in August, exceeding analysts' forecasts. Money markets are now pricing on an almost 90% chance of another supersized 75 basis-point interest rate hike in September. 2022-09-06T09:31:00"
Dollar Rally Pauses on Profit Taking,Currency,"Dollar Rally Pauses on Profit TakingUnited States CurrencyThe dollar index steadied around 109.5 on Tuesday after pulling back from a two-decade high of 110.3 reached in the previous session, as traders took some profits and awaited speeches from Federal Reserve officials for more clues on the central bank's rate hike path. Investors also turned cautious ahead of the European Central Bank’s rate decision later in the week, where it is expected to deliver a supersized 75 basis point increase to combat inflation despite pressure from a worsening energy crisis. Meanwhile, the dollar remains strong as the Fed signaled that it would prioritize the fight against inflation over growth concerns, with markets currently priced for another 75 basis point rate increase this month. Escalating recession fears in the euro zone and other non-US regions is also driving safe-haven flows into the dollar.2022-09-06T05:56:23.693"
US Futures Rise to Start Holiday-Shortened Week,Stock Market,"US Futures Rise to Start Holiday-Shortened WeekUnited States Stock MarketUS stock futures rose on Tuesday as traders kicked off a holiday-shortened week, while looking ahead to speeches from Federal Reserve officials and policy decisions from other major central banks. Dow futures were up 0.7%, S&P 500 futures gained 0.8% and Nasdaq 100 futures jumped 1%. In regular trading on Friday, the Dow and S&P 500 both fell 1.07%, while the tech-heavy Nasdaq Composite lost 1.31%, with all three benchmarks closing out their third straight week of losses. Moderating US jobs growth failed to allay fears about the Fed’s aggressive interest rates hikes, as it committed itself to bringing down inflation even if it meant risking some economic pain.  Investors are also monitoring energy prices as a deepening energy crisis in Europe following news that Russia would halt gas flows to Germany and an OPEC+ decision to cut production all add to inflationary pressures.2022-09-06T01:20:49.41"
Dollar Index Hits 20-year High,currency,Dollar Index Hits 20-year HighUnited States currencyDXY increased to a 20-year high of 109.982022-09-04T22:19:05.377
US Treasury Yields Retreat Slightly,Government Bond 10Y,"US Treasury Yields Retreat Slightly United States Government Bond 10YThe yield on the benchmark 10-year Treasury note retreated to below 3.2% on Friday, after approaching near three-month highs of 3.3% early in the week, as the NFP report came roughly in line with forecasts, showing the US economy added 315K jobs in August while wage growth slowed. Figures offered investors some relief over the need of faster interest rate hikes, still pricing in a 75bps rate hike in the fed funds rate this month. Meanwhile, the two-year Treasury yield also edged lower but hold close to 15-year highs at 3.41%. The bond market will be closed on Monday for the Labor Day holiday.2022-09-02T14:08:00"
US 10-Year Bond Yield Little Changed after Payrolls,Government Bond 10Y,"US 10-Year Bond Yield Little Changed after Payrolls United States Government Bond 10YThe yield on the benchmark 10-year US Treasury note was little changed near 3.3% on Friday, close to levels not seen since mid-June, after the NFP report came roughly in line with forecasts, showing the US economy added 315K jobs in August while wage growth slowed. Figures offered investors some relief over the need of faster interest rate hikes, still pricing in a 75bps rate hike in the fed funds rate this month. Meanwhile, the two-year Treasury yield hold close to 15-year highs at 3.42%.2022-09-02T12:52:00"
DXY Eases from 20-Year Highs after Jobs Report,Currency,"DXY Eases from 20-Year Highs after Jobs ReportUnited States CurrencyThe dollar index fell to 109.2 on Friday, below 20-year highs of near 110 hit earlier this week after the August jobs report showed the labor market may be cooling, easing the pressure on the Fed to raise rates aggressively. US economy added 315K in August, well below the downwardly revised 526K gain in July but more than forecasts of 300K. At the same time, the jobless rate rose unexpectedly to a 6-month high of 3.7% and the labour force participation rate increased to 62.4%, the highest since March; while wages rose less than expected. Fed officials recently signaled that the fight against inflation would take priority over growth concerns, with markets currently priced for another supersized 75 basis point rate increase in September.2022-09-02T12:38:00"
US Wages Rise Less Than Expected,Average Hourly Earnings,"US Wages Rise Less Than ExpectedUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls in the US rose by 10 cents, or 0.3 %, to $32.36 in August of 2022, following a 0.5% gain in the previous month and below market forecasts of a 0.4% rise. In August, average hourly earnings of private-sector production and nonsupervisory employees rose by 10 cents, or 0.4%, to $27.68. Over the past 12 months, average hourly earnings have increased by 5.2%, the same pace as in the prior month and missing market estimates of a 5.3% gain.2022-09-02T12:33:00"
US Jobless Rate Unexpectedly Rises to 6-Month High,Unemployment Rate,"US Jobless Rate Unexpectedly Rises to 6-Month HighUnited States Unemployment RateThe US unemployment rate rose to 3.7 percent in August of 2022, the highest since February and above market expectations of 3.5 percent. The number of unemployed people increased by 344 thousand to 6.014 million, while employment levels went up by 442 thousand to 158.732 million. Meanwhile, the labor force participation rate increased to a five-month high of 62.4 percent in August from 62.1 percent in July.2022-09-02T12:33:00"
Dollar Firms Up Ahead of Key Jobs Data,Currency,"Dollar Firms Up Ahead of Key Jobs DataUnited States CurrencyThe dollar index firmed up near 20-year highs above 109.5 on Friday and is on track to gain for the third straight week, as investors held onto dollar positions ahead of a highly-anticipated monthly jobs report that could reinforce the Federal Reserve’s aggressive stance against inflation. The US economy is expected to have added 300,000 jobs in August, less than the unexpectedly strong 528,000 jobs added in July, and another big upward surprise could bolster bets for further monetary tightening. Robust US manufacturing data in August also supported Fed rate hike bets and propped up the dollar as factory activity in other major economies showed signs of weakness. Fed officials recently signaled that the fight against inflation would take priority over growth concerns, with markets currently priced for another supersized 75 basis point rate increase in September.2022-09-02T05:19:49.623"
US Futures Flat Ahead of Key Jobs Report,Stock Market,"US Futures Flat Ahead of Key Jobs ReportUnited States Stock MarketUS stock futures were little changed on Friday as investors looked ahead to a key jobs report that could offer insight on the state of the economy and influence the outlook for monetary policy. Futures contracts tied to the three major indexes were all trading near breakeven. In extended trading, Lululemon (10%), Pagerduty (9%) and Broadcom (2%) all surged on better-than-expected second quarter results. In regular trading on Thursday, the Dow and S&P 500 rose 0.46% and 0.30%, respectively, while the tech-heavy Nasdaq Composite lost 0.26%. All three benchmarks are set to decline for the third straight week as hawkish remarks from Federal Reserve officials signaling that the fight against inflation would take priority over growth concerns rattled equity markets. The US economy is expected to have added 300,000 jobs in August, less than the surprisingly strong 528,000 jobs added in July, and another big upward surprise could bolster bets for more aggressive tightening.2022-09-02T00:24:00"
Broadcom Inc earnings above expectations at 9.73 USD,Earnings,"Broadcom Inc earnings above expectations at 9.73 USDUnited States EarningsBroadcom Inc (AVGO) released earnings per share at 9.73 USD, compared to market expectations of 9.56 USD.2022-09-01T20:22:59.393"
US Construction Spending Falls for 2nd Month,Construction Spending,"US Construction Spending Falls for 2nd MonthUnited States Construction SpendingConstruction spending in the US fell by 0.4 percent from the previous month to a seasonally adjusted annual rate of USD 1.78 billion in July of 2022, in line with market expectations and easing from the downwardly revised 0.5 percent drop in June. Spending on private construction fell by 0.8 percent, dragged by residential (-1.5 percent) and healthcare (-1.3 percent) construction. On the other hand, public construction expanded by 1.5 percent, supported by residential (0.8 percent) and power (4.3 percent) construction. 2022-09-01T14:05:00"
US Manufacturing PMI Revised Slightly Higher: S&P Global,Manufacturing PMI,"US Manufacturing PMI Revised Slightly Higher: S&P GlobalUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was revised higher to 51.5 in August of 2022 from a preliminary of 51.3, still pointing to the slowest growth in factory activity since July of 2020. Output contracted for a second straight month as new orders fell for a third month in a row amid weak client demand, amid the impact of inflation and economic uncertainty on customer spending. Employment growth was the weakest since January, with backlogs of work rising only marginally. Meanwhile, supply chain disruptions were the least severe since October 2020. On the price front, input price inflation was the slowest since January 2021 but remained elevated due to hikes in transportation, fuel and metals prices. Charge inflation was the slowest in 18 months, as some companies passed through savings to their customers in an effort to remain competitive. Meanwhile, business confidence was the highest in three months due to hopes of an uptick in demand.2022-09-01T13:54:00.59"
The Dow Jones Index decreased 0.88%,Stock Market,The Dow Jones Index decreased 0.88%United States Stock MarketIn New York the Dow Jones Index decreased 280 points or 0.88 percent on Wednesday. Losses were driven by Merck & Co (-1.75%) and Nike (-1.31%).2022-09-01T13:00:20.673
US Labour Productivity Falls Slightly Less than Initially Expected,Productivity,"US Labour Productivity Falls Slightly Less than Initially ExpectedUnited States ProductivityNon-farm labor productivity in the US fell an annualized 4.1 percent in the second quarter of 2022, slightly less than initial estimates of a 4.6 percent drop. Output decreased 1.4 percent and hours worked 2.7 percent. Compared to the second quarter of 2021, productivity decreased 2.4 percent, the largest decline sine the first quarter of 1948.2022-09-01T12:40:01.183"
US Labor Costs Revised Lower in Q2,Labour Costs,"US Labor Costs Revised Lower in Q2United States Labour CostsUnit labor costs in the US non-farm business sector jumped by 10.2 percent in the second quarter of 2022, below initial estimates of a 10.8 percent rise and following a 12.6 percent surge in the first quarter. It reflects a 4.4 percent decrease in hourly compensation and a 4.1 percent decline in labor productivity. Unit labor costs increased by 9.3 percent over the last four quarters, the largest increase since 1982.
2022-09-01T12:37:10.49"
Dollar Climbs Back Up Toward 20-Year High,Currency,"Dollar Climbs Back Up Toward 20-Year HighUnited States CurrencyThe dollar index rose above 109 on Thursday after facing turbulence in recent sessions, climbing back up toward its highest levels in 20 years as the Federal Reserve appeared intent on keeping interest rates higher for longer until inflation falls back down within target. Cleveland Fed President Loretta Mester said on Wednesday that the fed funds rate will have to be moved “somewhat above 4%” by early next year and stay there in order to bring high inflation substantially lower, and that she does not anticipate rate cuts in 2023. Markets are currently priced for a third straight 75 basis point rate hike in September, as investors look ahead to the monthly jobs report on Friday to gauge the strength of the labor market. The US nonfarm payrolls data is expected to show that the economy added 300,000positions in August, strengthening the case for more aggressive rate hikes.2022-09-01T05:40:54.98"
US Futures Extend Fall on Rate Hike Jitters,Stock Market,"US Futures Extend Fall on Rate Hike JittersUnited States Stock MarketUS stock futures fell further on Thursday after the major averages closed out August with losses, as investors fretted about the Federal Reserve’s aggressive plan to bring down inflation that sparked fears of slowing economic growth. Dow futures fell 0.3%, S&P 500 futures dropped 0.5% and Nasdaq 100 futures declined 1%. In extended trading, Okta plunged 12% despite posting strong quarterly results and Veeva dropped 11% after lowering its full-year revenue forecast. Meanwhile, Nutanix and Pure Storage surged 19% and 6%, respectively, on better-than-expected second quarter results. In regular trading on Wednesday, the Dow lost 0.88%, the S&P 500 shed 0.78% and the tech-heavy Nasdaq Composite was down 0.56% for their fourth straight session of losses. In the latest commentary, Cleveland Fed President Loretta Mester said she expects interest rates to rise above 4% by early next year and stay there, and that she does not anticipate rate cuts in 2023.2022-09-01T00:49:00"
US Crude Stocks Drop Exceeds Expectations for 2nd Week,Crude Oil Stocks Change,"US Crude Stocks Drop Exceeds Expectations for 2nd WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 3.326 million barrels in the week ended August 26th, much more than market expectations of a 1.483-million-barrel decrease. Also, crude stocks at Cushing, Oklahoma, decreased by 0.523 million barrels, following a 0.426-million-barrel injection in the previous period. Gasoline inventories went down by 1.172 million barrels, almost in line with expectations; and distillate stockpiles, which include diesel and heating oil, rose by 0.111 million barrels against forecasts for a 0.96 million decrease. 2022-08-31T14:41:06.92"
Chicago PMI Remains Close to 2-Year Low,Chicago PMI,"Chicago PMI Remains Close to 2-Year LowUnited States Chicago PMIThe Chicago PMI in the United States was at 52.2 in August of 2022, remaining relatively unchanged from the 23-month low of 52.1 hit in the prior month and broadly in line with market estimates of 52.  2022-08-31T13:52:12.047"
DXY Heads for 3rd Monthly Gain,Currency,"DXY Heads for 3rd Monthly GainUnited States CurrencyThe dollar index rose to 109 on Wednesday, closing in on its highest level in 20 years and on track for a third straight monthly gain, underpinned by firm expectations that the Federal Reserve will keep interest rates elevated until inflation falls back down within target. Fed's Mester said on Wednesday the central bank will need to raise the fed funds rate up to above 4% in early 2023 and hold it there to curb sky-high inflation, echoing recent comments from Fed Chair Jerome Powell. She also added that her decision on whether to back a third straight 75 bps rate hike next month will be based on the inflation outlook, rather than the monthly jobs report due on Friday. Still, the US nonfarm payrolls report is expected to show the economy added 300K positions in August, strengthening the case for more aggressive rate hikes. Latest data also showed US job openings increased in July and consumer confidence rebounded significantly in August, bolstering the Fed’s aggressive policy stance.2022-08-31T13:41:49.697"
The Dow Jones Index dropped 0.96%,Stock Market,The Dow Jones Index dropped 0.96%United States Stock MarketIn New York the Dow Jones Index fell 308 points or 0.96 percent on Tuesday. Leading the losses are UnitedHealth (-1.31%). Top gainers were American Express (0.08%).2022-08-31T13:00:16.033
US Mortgage Applications Fall for 3rd Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 3rd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the US dropped by 3.7% in the week ended August 26th, a third consecutive decline, prompted by a 7.8% plunge in the refinancing index and a 1.8% drop in applications to purchase a home. Meanwhile, the average rate on a 30-year fixed-rate mortgage went up by 15bps to 5.8%, the highest level since mid-July, and tracking a rise in Treasury yields, after Fed officials reiterated interest rates would stay higher for longer. Compared to a year ago, mortgage applications are down 63%, with refinancing plunging 83% and the purchase index 23%.2022-08-31T11:09:00"
Dollar Heads for 3rd Straight Monthly Gain,Currency,"Dollar Heads for 3rd Straight Monthly GainUnited States CurrencyThe dollar index steadied around 108.5 on Wednesday and was on track for a third straight monthly gain, underpinned by firm expectations that the Federal Reserve will keep interest rates elevated until inflation falls back down within target. New York Fed President John Williams told Wall Street Journal on Tuesday that he expects interest rates to continue higher and to remain at those levels until inflation is subdued, echoing recent comments from Fed Chair Jerome Powell. Latest data also showed US job openings increased in July and consumer confidence rebounded significantly in August, bolstering the Fed’s aggressive policy stance. Markets are currently priced for another supersized 75 basis point rate hike in September, ahead of the US nonfarm payrolls report due on Friday that could influence expectations.2022-08-31T06:13:33.113"
US Futures Rise After 3-Day Selloff,Stock Market,"US Futures Rise After 3-Day SelloffUnited States Stock MarketUS stock futures rose on Wednesday after the major averages declined for the third straight session, as investors continued to grapple with the Federal Reserve's aggressive plan to stamp out inflation. Futures contracts tied to the three major indexes were all trading in positive territory. In after-hours trading, Chewy tumbled 11% as the pert products retailer missed  revenue estimates and offered weak forward guidance. HP also dropped 6% on weaker-than-expected revenue. In regular trading on Tuesday, the Dow fell 0.96%, while the S&P 500 and Nasdaq Composite each tumbled about 1.1%. All three benchmarks are on track to finish August with losses, retracing about half of the summer rebound. In the latest central bank commentary, New York Fed President John Williams told Wall Street Journal he expects interest rates to continue higher and to remain at those levels until inflation is subdued, saying that he is also in the higher-for-longer camp when it comes to monetary policy.2022-08-31T01:33:00"
US Crude Oil Stock Unexpectedly Rebounds: API,API Crude Oil Stock Change,"US Crude Oil Stock Unexpectedly Rebounds: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 0.593 million barrels in the week ended August 26th 2022, compared with market forecasts of a 0.633 million barrel draw and rebounding from a decline of 5.632 million barrels in the previous week, which was the largest withdrawal since mid-April, data from the American Petroleum Institute showed.2022-08-30T20:38:24.893"
CrowdStrike Holdings Inc. earnings above expectations at 0.36 USD,Earnings,"CrowdStrike Holdings Inc. earnings above expectations at 0.36 USDUnited States EarningsCrowdStrike Holdings Inc. (CRWD) released earnings per share at 0.36 USD, compared to market expectations of 0.28 USD.2022-08-30T20:22:16.767"
US Stocks Extend Selloff,Stock Market,"US Stocks Extend SelloffUnited States Stock MarketWall Street closed lower on Tuesday, as the selloff of the last two sessions continued after Fed Chair signaled a more hawkish stance at the Jackson Hole symposium last week. Moreover, data for JOLTS job openings came way better than expected, strengthening the case for the Fed to continue its aggressive tightening to tame inflation. CB consumer confidence also topped forecasts. The Dow Jones lost over 300 points, while the S&P 500 shed 1.1%, falling below the 4,000 level for the first time since July and the Nasdaq dropped 1.1%. The energy sector was by far the worst performer, tracking a fall in oil and natural gas prices. Meanwhile, shares of Twitter were down over 2% after Elon Musk cited a whistle-blower claims as a new reason to terminate the $44 billion takeover. Investors will scrutinize fresh data in the coming days for further clues about the global economic outlook and the future path of monetary policy.2022-08-30T20:05:00"
US Stocks Fall for 3rd Session,Stock Market,"US Stocks Fall for 3rd SessionUnited States Stock MarketUS stocks failed to hold early gains at the open and fell into negative territory on Tuesday, extending a selloff in the previous two sessions prompted by Fed Chair remarks at the Jackson Hole symposium that the central bank will continue to raise interest rates to fight inflation despite a slowing economy. At the same time, data for JOLTS job openings came way better than expected, strengthening the case for the Fed to continue to raise rates. CB consumer confidence also topped forecasts. The Dow Jones fell around 400 points, the S&P 500 more than 1% and the Nasdaq almost 2%. The energy sector was by far the worst performer, tracking a fall in oil and natural gas prices, followed by materials and industrials. Meanwhile, shares of Twitter were down nearly 1% after Elon Musk cited a whistle-blower claims as a new reason to terminate the $44 billion takeover. 2022-08-30T14:13:00"
US Stocks Edge Higher,Stock Market,"US Stocks Edge HigherUnited States Stock MarketUS stocks were slightly higher on Tuesday, as investors take a breath after a two-day slide prompted by Fed Chair remarks at the Jackson Hole symposium that the central bank will continue to raise interest rates to fight inflation despite a slowing economy. The Dow Jones added almost 100 points, the S&P 500 0.3% and the Nasdaq 0.6%. Consumer discretionary, financials and tech sectors were among the top performers. On the other hand, shares of Twitter were down almost 1% after Elon Musk cited a whistle-blower claims as a new reason to terminate the $44 billion takeover. Traders now await the CB consumer confidence and the JOLTS report due today.2022-08-30T13:39:00"
US Home Prices Rise the Least in Over 2 Years,House Price Index MoM,"US Home Prices Rise the Least in Over 2 YearsUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US went up 0.1% from a month earlier in June of 2022, the least since a 0.1% decrease in May of 2020 and easing from a downwardly revised 1.4% in May. Considering Q2, house prices rose 17.7% from a year earlier and were up 4% compared to the first quarter of 2022. Of the nine census divisions, the South Atlantic division recorded the strongest four-quarter appreciation, posting a 23% yearly gain and a 5.2% quarterly increase. Annual house price appreciation was weakest in the West North Central division, where prices rose by 13.9 percent from a year earlier. “Housing prices grew quickly through most of the second quarter of 2022, but a deceleration has appeared in the June monthly data. The pace of growth has subsided recently, which is consistent with other recent housing data.” said William Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics. 2022-08-30T13:14:00"
US Treasury Yields Remain Elevated,Government Bond 10Y,"US Treasury Yields Remain ElevatedUnited States Government Bond 10YThe yield on the 10-year US Treasury note climbed above 3.1% for the first since June 29th, as interest rates are set to continue to rise. At his Jackson Hole Symposium, Fed Chair Powell reiterated the need for restrictive monetary policy for some time to bring inflation down. Money markets are now pricing a 70% chance the Fed will hike rates by 75 bps at its September meeting. Meanwhile, the 2-year Treasury yield hit 3.48%, its highest level since November of 2007. The next big catalyst this week should be the payrolls report due Friday which will provide an update on the labour market strenght. 2022-08-30T08:09:00"
Dollar Steadies After Brief Turbulence,Currency,"Dollar Steadies After Brief TurbulenceUnited States CurrencyThe dollar index steadied just below 109 on Tuesday after pulling back from a 20-year high of 109.48 reached in the previous session, as traders balanced the Federal Reserve’s aggressive plan to stamp out inflation against speculations that the European Central Bank is considering a more aggressive move in September. The euro, which is the most heavily weighted component of the dollar index, enjoyed some respite following reports that ECB policymakers are considering a supersized 75 basis point rate hike next month. Meanwhile, Fed Chair Jerome Powell delivered a stern commitment to bring down inflation by keeping interest rates higher for longer during his speech at the Jackson Hole symposium, adding that it may hurt growth and soften the job market. Traders now await the monthly jobs report on Friday which could give further clues on the Fed's next steps.2022-08-30T06:06:13.153"
US Futures Rise After 2-Day Selloff,Stock Market,"US Futures Rise After 2-Day SelloffUnited States Stock MarketUS stock futures rose on Tuesday after the major averages declined for the second straight session, as investors factored in the Federal Reserve’s determination in bringing down inflation with higher interest rates, even at the risk of some economic pain. Futures contracts tied to the three major indexes were all trading in positive territory. In regular trading on Monday, the Dow fell 0.57%, the S&P 500 dropped 0.67% and the tech-heavy Nasdaq Composite tumbled 1.02%, with all three benchmarks closing at one-month lows and sliding toward their 50-day moving averages. Nine out of 11 S&P sectors declined, led by technology and real estate, while the energy sector outperformed on higher oil prices. Notable losses were seen from mega-cap tech names including Tesla (-1.1%), Apple (-1.4%), Nvidia (-2.8%), Microsoft (-1.1%) and Meta Platforms (-1.6%). Investors now await the highly-anticipated monthly jobs report on Friday for an update on the strength of the US labor market.2022-08-30T00:02:00"
US Stocks End Modestly Lower,Stock Market,"US Stocks End Modestly LowerUnited States Stock MarketWall Street closed lower on Monday, with the Dow losing 184 points while the S&P 500 and the Nasdaq fell 0.7% and 1%, respectively, extending last week's sharp losses, dragged down by heavyweight tech and high-growth stocks. Investors repositioned for an extended period of aggressive interest rate hikes by the Federal Reserve and some economic pain following chair Jerome Powell's hawkish speech on Friday. Meanwhile, the focus this week turns to the NFP report on Friday for an update on the strength of the US labour market.

2022-08-29T20:05:00"
US Stocks Pare Some Losses,Stock Market,"US Stocks Pare Some LossesUnited States Stock MarketThe three main US stock indexes trimmed earlier losses on Monday, with both the Dow Jones and the S&P 500 turning flat while the Nasdaq fell around 0.4%, as weakness in tech shares was outweighed by gains in energy and utilities. Investors repositioned for an extended period of aggressive interest rate hikes by the Federal Reserve following chair Jerome Powell's hawkish speech on Friday. Meanwhile, the focus this week turns to the NFP report on Friday for an update on the strength of the labour market.



2022-08-29T18:09:00"
US Stocks Extend Losses,Stock Market,"US Stocks Extend LossesUnited States Stock MarketThree main US stock indexes fell on Monday, following sharp losses in the previous session dragged down by tech shares as investors continue to worry about the impact of higher interest rates on the economy after hawkish remarks from Fed Chair at the Jackson Hole symposium on Friday cut hopes the central bank would slow monetary tightening. The Dow Jones was down almost 100 points, after plunging 1,000 points on Friday; and the S&P traded 0.3% lower and the Nasdaq 0.5% after having their worst days since June. Investors focus this week turns to the NFP report on Friday for an update on the strength of the labour market.2022-08-29T16:22:00"
US Stocks Lower,Stock Market,"US Stocks Lower United States Stock MarketWall Street opened the week sharply lower, with the Dow Jones losing almost 300 points while both the S&P 500 and the Nasdaq fell nearly 0.8%. Investors continue to worry over high interest rates after hawkish remarks from Fed Chair at the Jackson Hole Symposium on Friday cut hopes the central bank would slow monetary tightening. Health, materials and utilities were among the worst S&P performers. Tech shares were also under pressure, amid a rise in Treasury yields. Investors focus this week turs to the NFP report on Friday for an update on the strenght of the labour market. On Friday, US stocks plunged to fully erase August gains.2022-08-29T13:37:13.33"
Pinduoduo Inc earnings above expectations at 7.54 USD,Earnings,"Pinduoduo Inc earnings above expectations at 7.54 USDUnited States EarningsPinduoduo Inc (PDD) released earnings per share at 7.54 USD, compared to market expectations of 2.96 USD.2022-08-29T13:17:22.337"
Dollar Loses Steam but Remains Strong,Currency,"Dollar Loses Steam but Remains StrongUnited States CurrencyThe dollar index lost some steam but hold at 109 on Monday, close to levels not seen since June of 2022, amid prospects the Fed will continue to raise interest rates fast to curb high inflation. On Friday, Fed Chair Powell delivered a stern commitment to bring down inflation by keeping interest rates higher for longer during his speech at the Jackson Hole symposium. Money markets are now pricing in a 70.5% chance the Fed will deliver another 75bps rate hike next month. Traders now await the payrolls report on Friday which could give further clues on the Fed's next steps. 2022-08-29T13:15:25.943"
Wall Street to Open Lower,Stock Market,"Wall Street to Open LowerUnited States Stock MarketUS futures pointed to falls at the open on Monday, with contracts on the Dow Jones losing 0.8%, the S&P 500 0.9% and the Nasdaq more than 1%. Investors continue to worry over high interest rates after hawkish remarks from Fed Chair at the Jackson Hole Symposium on Friday cut hopes the central bank would slow monetary tightening. Technology and growth stocks including Apple, Amazon and Tesla were down nearly 2% in pre-market trading, tracking a rise in Treasury yields. Investors focus this week turs to the NFP report on Friday for an update on the strenght of the labour market. On Friday, US stocks plunged to fully erase August gains2022-08-29T11:12:09.607"
Dollar Hits 20-Year High on Powell Lift,Currency,"Dollar Hits 20-Year High on Powell LiftUnited States CurrencyThe dollar index appreciated past 109 on Monday, hitting its highest levels in 20 years, after Federal Reserve Chair Jerome Powell delivered a stern commitment to bring down inflation by keeping interest rates higher for longer in a policy speech at the Jackson Hole conference late last week. Powell warned strongly against prematurely loosening policy amid data showing possible signs of peak inflation, noting that the Fed’s focus is broader than a month or two of data and that it will continue pushing ahead until inflation moves down closer to its 2% target. He also acknowledged that the fight against inflation may cause some economic pain, but warned that “failure to restore price stability would mean far greater pain.” Investors now look ahead to more speeches from other Fed officials this week, as well as the monthly US labor report and final manufacturing PMI readings for August.2022-08-29T03:31:00"
Dollar Index Hits Near 20-year High,currency,"Dollar Index Hits Near 20-year HighUnited States currencyDXY increased to a near 20-year high of 109.35, amid the outlook of higher interest rates by the Federal Reserve. During his speech at the Jackson Hole symposium, Fed Chair Powell noted that the central bank remains determined to bring inflation down to 2% and that restoring price stability could require borrowing costs to remain elevated for a prolonged time and dent growth. In the meantime, personal spending for July surprised market expectations on the downside, compounding concerns that the Fed will not achieve a soft landing. Furthermore, PCE price indices were below forecasts and added to recent CPI data that pointed to a sharp slowdown in inflation.2022-08-29T01:38:00"
US Stocks Plunge on Hawkish Fed,Stock Market,"US Stocks Plunge on Hawkish FedUnited States Stock MarketUS stocks plunged on Friday, fully erasing August gains after Chairman Jerome Powell reassured markets that the Fed will keep interest rates at a restrictive territory until inflation is brought down to the 2% level. In his speech at the Jackson Hole symposium, Powell noted that restoring price stability could require a sustained period of lower growth and that labor market conditions will likely soften. In the meantime, personal spending figures for July missed expectations, further reducing hopes that the Fed can achieve a soft landing as policy tightens. The Dow plummeted 1,000 points, while the S&P 500 and the Nasdaq tanked 3.4% and 3.9%, respectfully. Tech giants booked the sharpest losses, closing at one-month lows with a near 9% plunge for Nvidia and 5% drop for Alphabet. On the week, the three main equity averages lost more than 4%, notching the second consecutive weekly decline. 2022-08-26T20:05:00"
Stocks in United States Hit 4-week Low,Stock Market,Stocks in United States Hit 4-week LowUnited States Stock MarketUS30 decreased to a 4-week low of 323772022-08-26T19:35:59.75
Stocks in United States Hit 4-week Low,Stock Market,Stocks in United States Hit 4-week LowUnited States Stock MarketUSNDX decreased to a 4-week low of 127992022-08-26T15:09:03.31
US 10-Year Bond Yield Approaches 2-Month High,Government Bond 10Y,"US 10-Year Bond Yield Approaches 2-Month HighUnited States Government Bond 10YThe yield on the 10-year Treasury note moved higher above the 3% mark on Friday, approaching the two-month high of 3.1% touched in the start of the week after Fed Chair Powell reinstated the US central bank’s priority of bringing inflation down to the 2% level by continuing to raise borrowing costs. During his speech at the Jackson Hole symposium, Powell noted that restoring price stability could maintain growth at below trend levels and that labor market conditions could soften, as borrowing costs may have to maintain a restrictive level for a prolonged time. Meanwhile, worse than expected spending data further dampened bets that the Fed can achieve a soft landing. Also, PCE price indices were cooler than expected, adding to hopes of slower inflation after July’s eased CPI. 2022-08-26T14:35:14.87"
DXY Extends Retreat Following Powell Speech,Currency,"DXY Extends Retreat Following Powell SpeechUnited States CurrencyThe dollar index dropped to below the 108 mark on Friday, retreating further from the 20-year high of 109 touched in the beginning of the week as Fed Chair Powell emphasized the central bank’s priority to bring inflation down by destroying demand in the US economy during his speech at the Jackson Hole symposium. The Chairman noted that restoring price stability could require borrowing costs to maintain in restrictive territory for a prolonged time, and that growth could consequently suffer. In the meantime, the Federal Reserve’s preferred inflation gauge, the core PCE price index, was below expectations at 0.1% on the month, adding to recent CPI data that pointed to a sharp slowdown in inflation. Also, personal spending surprised market expectations on the downside, compounding concerns of an economic slowdown.2022-08-26T14:19:40.713"
US Consumer Sentiment Revised Higher in August,Consumer Confidence,"US Consumer Sentiment Revised Higher in AugustUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised higher to 58.2 in August of 2022 from a preliminary of 55.1. The gauge for expectations was revised higher to 58 from 47.3 and the current conditions subindex was revised higher to 58.6 from 58.1. Inflation expectations for the year ahead moderated to 4.8% from 5.2% in the previous month, its lowest in 8 months and below preliminary figures of 5%. Meanwhile, the 5-year outlook was unchanged at 2.9%, compared with 3% in advanced figures. 2022-08-26T14:05:00"
US 10-Year Bond Yield Remains Above 3%,Government Bond 10Y,"US 10-Year Bond Yield Remains Above 3%United States Government Bond 10YThe yield on the 10-year US Treasury note consolidated above the 3% mark on Friday, hovering close to the two-month high of 3.1% hit at the start of the week amid bets that the Federal Reserve will maintain its hawkish stance and prioritize the fight against inflation. Investors await Fed Chair Powell’s speech during the central bank’s symposium in Jackson Hole for possible hints on the pace of monetary tightening this year. Other Fed policymakers have been pointing to the need to move rates to a restrictive territory, highlighting the necessity to bring inflation down to its 2% target and erasing previous expectations of a dovish pivot despite recent data suggesting that inflation may be easing. After a cooler CPI reading in July, PCE price indices were also lower than expectations while worse than expected spending data dampened bets that the Fed can achieve a soft landing.2022-08-26T12:56:00"
Dollar Edges Lower on Low Spending Data,Currency,"Dollar Edges Lower on Low Spending DataUnited States CurrencyThe dollar index held close to the 108 mark on Friday, edging down from the 20-year high of 109 touched in the beginning of the week as investors weighed on fresh spending data for July. The Federal Reserve’s preferred inflation gauge, the core PCE price index, was below expectations at 0.1% on the month, adding to recent CPI data that pointed to a sharp slowdown in inflation. In the meantime, personal spending surprised market expectations on the downside, compounding concerns of an economic slowdown. Investors now turn to the highly anticipated speech by Fed Chair Jerome Powell at the central bank’s annual symposium. Powell is expected to reiterate the central bank’s aggressive stance against surging inflation following a raft of hawkish remarks from Fed officials, though markets remain divided on whether the Fed will deliver another supersized 75 basis point or a more modest half-percentage point rate hike in September.2022-08-26T12:43:17.703"
US Trade Goods Gap Narrows in July,Goods Trade Balance,"US Trade Goods Gap Narrows in JulyUnited States Goods Trade BalanceThe US goods trade deficit narrowed to USD 89.1 billion in July of 2022 from a revised USD 98.6 billion in the previous month, the advance estimate showed. Exports dropped 0.2 percent over the last month to USD 147.3 billion, dragged by lower sales of industrial supplies (-2.3 percent) and consumer goods (-3.4 percent). Meanwhile, imports fell 3.5 percent to USD 234 billion as lower purchases of industrial supplies (-2.9 percent) were offset by higher imports of capital goods (0.5 percent). 
2022-08-26T12:40:00"
Core PCE Inflation Slows More than Expected,Core PCE Price Index MoM,"Core PCE Inflation Slows More than ExpectedUnited States Core PCE Price Index MoMCore PCE prices in the US, which exclude food and energy, went up by 0.1 percent month-over-month in July of 2022, easing from a 0.6 percent rise in June and below market expectations of 0.3 percent. Meanwhile, the annual rate, the Fed’s preferred gauge of inflation, slowed to 4.6 percent from 4.8 percent in the prior month, also below market expectations of 4.7 percent.2022-08-26T12:36:33.323"
US July Wholesale Inventories Rise Less,Wholesale Inventories,"US July Wholesale Inventories Rise LessUnited States Wholesale InventoriesWholesale inventories in the US went up by 0.8 percent month-over-month to $902.9 billion in July of 2022, following a 1.9 percent rise in the previous month, a preliminary estimate showed. Stocks of durable goods rose at a slower pace of 1.3 percent (vs 2.3 percent in June) while inventory levels of nondurable goods were flat, after increasing 1.2 percent in the prior month. On an annual basis, wholesale inventories surged 25.4 percent in July2022-08-26T12:35:00"
US Personal Income Rises Less than Forecast,Personal Income,"US Personal Income Rises Less than ForecastUnited States Personal IncomePersonal income in the United States increased 0.2 percent from a month earlier in July of 2022, easing from an upwardly revised 0.7 percent rise in June and well below market expectations of 0.6 percent. It was still the sixth consecutive rise, primarily reflecting an increase in compensation that was partly offset by decreases in proprietors' income, personal current transfer receipts, and rental income of persons. The increase in compensation was led by private wages and salaries. The decrease in proprietors' income was mainly in nonfarm income. The decrease in personal current transfer receipts followed an increase in June that reflected a legal settlement from corporate business to persons.2022-08-26T12:33:00"
US Treasury Yields Climb Ahead of Jackson Hole,Government Bond 10Y,"US Treasury Yields Climb Ahead of Jackson Hole United States Government Bond 10YThe 10-year US Treasury note yield consolidated above the 3% mark, closing in on its highest level in two months, as investors braced for a hawkish message from Fed Chair Powell at the Jackson Hole symposium. Several Fed policymakers have been pointing to the need to move rates to a restrictive territory, highlighting the necessity to bring inflation down to its 2% target and erasing previous expectations of a dovish pivot despite recent data suggesting that inflation may be cooling. Now all eyes are on Powell’s widely-anticipated speech, which investors hope will offer clues on the US central bank’s tightening plans, with the most likely outcome from a hawkish view to be a rise in yields at both the front and back of the yield curve. 2022-08-26T08:23:20.207"
Dollar Steadies as Powell Speech Awaited,Currency,"Dollar Steadies as Powell Speech AwaitedUnited States CurrencyThe dollar index steadied around 108.5 on Friday, holding less than 1% below 20-year highs, as traders braced for Federal Reserve Chair Jerome Powell’s highly-anticipated speech at the Jackson Hole symposium later today for guidance on the central bank’s tightening plans. Powell is expected to reiterate the central bank’s aggressive stance against surging inflation following a raft of hawkish remarks from Fed officials, though markets remain divided on whether the Fed will deliver another supersized 75 basis point or a more modest half-percentage point rate hike in September. Analysts suggested that a tougher messaging from the Fed chief could drive the dollar even higher. The dollar also recovered intraday losses on Thursday after second estimates showed the US economy shrank by 0.6% in the second quarter, less than a 0.9% contraction seen in the advance estimate, supporting the case for further monetary tightening.2022-08-26T04:01:17.733"
Workday earnings above expectations at 0.83 USD,Earnings,"Workday earnings above expectations at 0.83 USDUnited States EarningsWorkday (WDAY) released earnings per share at 0.83 USD, compared to market expectations of 0.79 USD.2022-08-25T20:22:13.793"
VMware earnings above expectations at 1.64 USD,Earnings,"VMware earnings above expectations at 1.64 USDUnited States EarningsVMware (VMW) released earnings per share at 1.64 USD, compared to market expectations of 1.58 USD.2022-08-25T20:22:10.627"
10-Year Treasury Note Yield Eases,Government Bond 10Y,"10-Year Treasury Note Yield EasesUnited States Government Bond 10YThe 10-year US Treasury note yield fell towards the 3% mark, retreating from the near two-month high of 3.1% hit on August 24 as investors continued to weigh on expectations of tighter monetary policy ahead of Fed Chair Powell’s speech in the Jackson Hole economic symposium. Previously, Fed policymakers noted the need to move borrowing costs to a restrictive territory, highlighting the necessity to bring inflation substantially down and erasing previous bets of a dovish pivot following slower inflation in July. Still, more recent data provided a little more room for the central bank to maintain its hawkish stance, as a second GDP estimate showed the US economy shrank by 0.6 in Q2, less than the 0.9% contraction in the advance estimate, while initial jobless claims surprised on the downside for the third week.2022-08-25T19:31:36.78"
Kansas Fed Manufacturing Index at Over 2-Year Low,Kansas Fed Manufacturing Index,"Kansas Fed Manufacturing Index at Over 2-Year LowUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production Index fell to -9 in August of 2022 from 7 in the prior month, reaching the lowest level since May of 2022. The slower pace of factory growth was contributed to less activity in wood products, machinery, and computer equipment. Meanwhile, gauges measuring employment, supplier delivery time, raw materials inventories, volume of shipments and volume of new orders backlog of orders also deteriorated. On a positive note, monthly price indexes fell to their lowest in over a year. ""Overall, activity slowed considerably from the past few months. However, expectations are still positive and price indexes reached their lowest level in over a year"", said Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City.2022-08-25T15:13:00"
DXY Pares Some Losses Below 20-Year High,Currency,"DXY Pares Some Losses Below 20-Year HighUnited States CurrencyThe dollar index pared some losses to around 108.5 on Thursday, after second estimates showed the US economy shrank by 0.6% in Q2, less than a 0.9% contraction seen in the advance estimate. Another report showed weekly jobless claims fell to a 4-week low, below market expectations. The dollar has been falling from near 20-year highs, as traders await Fed Chair Jerome Powell’s speech at the Jackson Hole symposium on Friday. Investors are trying to assess whether the Fed will move ahead with its aggressive plan to stamp out inflation as recent weakness in US economic data complicated the picture. Earlier this week, Minneapolis Fed President Neel Kashkari said his biggest fear was underestimating the extent of price pressures, and that the central bank would have to be more aggressive for longer if inflation persists. Markets are again pricing in a slightly higher chance of another super-sized 75 basis point rate hike in September.2022-08-25T12:54:11.393"
US Corporate Profits Hit Record High in Q2,Corporate Profits,"US Corporate Profits Hit Record High in Q2United States Corporate ProfitsCorporate profits in the United States rose 9.1 percent to a fresh record high of USD 2.62 trillion in the second quarter of 2022, following a 4.9 percent drop in the previous period. Net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, rose 5.8 percent to $3.34 trillion, while net dividends fell 0.2 percent to $1.47 trillion. Meanwhile, undistributed profits skyrocketed 23.8 percent to $1.15 trillion.2022-08-25T12:42:00"
Dollar Tree earnings above expectations at 1.60 USD,Earnings,"Dollar Tree earnings above expectations at 1.60 USDUnited States EarningsDollar Tree (DLTR) released earnings per share at 1.60 USD, compared to market expectations of 1.59 USD.2022-08-25T12:15:23.163"
Dollar General earnings above expectations at 2.98 USD,Earnings,"Dollar General earnings above expectations at 2.98 USDUnited States EarningsDollar General (DG) released earnings per share at 2.98 USD, compared to market expectations of 2.94 USD.2022-08-25T11:14:32.597"
Dollar Pulls Back from Near 20-Year High,Currency,"Dollar Pulls Back from Near 20-Year HighUnited States CurrencyThe dollar index eased to around 108.3 on Thursday, pulling back from near 20-year highs, as traders avoided making big bets ahead of Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium the following day that could throw light on the central banks’ rate hike path. Investors are also assessing whether the Fed will move ahead with its aggressive plan to stamp out inflation as recent weakness in US economic data complicated the picture. Earlier this week, Minneapolis Fed President Neel Kashkari said his biggest fear was underestimating the extent of price pressures, and that the central bank would have to be more aggressive for longer if inflation persists. Markets are again pricing in a slightly higher chance of another super-sized 75 basis point rate hike in September.2022-08-25T05:46:33.59"
US Futures Flat as Traders Assess Earnings,Stock Market,"US Futures Flat as Traders Assess EarningsUnited States Stock MarketUS stock futures were little changed on Thursday as traders assessed a fresh batch of earnings reports, while awaiting the start of the Jackson Hole economic symposium later in the global day. Futures contracts tied to the three major indexes were all near breakeven. In extended trading, Nvidia tumbled nearly 5% after missing estimates for the top and bottom lines, while Salesforce plunged 7% on weak third quarter and full-year guidance. Meanwhile, Snowflake (18%), Autodesk (6%) and Netapp (6%) all surged on stronger-than-expected quarterly results. In regular trading on Wednesday, the Dow and S&P 500 gained 0.18% and 0.29%, respectively, both snapping three-day losing streaks. The tech-heavy Nasdaq Composite also climbed 0.41%. Investors now look ahead to more earnings reports from major firms including Dollar General, Affirm Holdings and Peloton on Thursday, as well as Fed Chair Jerome Powell’s speech at the annual central bank event on Friday.2022-08-25T00:29:00"
Autodesk earnings above expectations at 1.65 USD,Earnings,"Autodesk earnings above expectations at 1.65 USDUnited States EarningsAutodesk (ADSK) released earnings per share at 1.65 USD, compared to market expectations of 1.57 USD.2022-08-24T20:22:28.607"
Salesforce.com earnings above expectations at 1.19 USD,Earnings,"Salesforce.com earnings above expectations at 1.19 USDUnited States EarningsSalesforce.com (CRM) released earnings per share at 1.19 USD, compared to market expectations of 1.03 USD.2022-08-24T20:22:26.497"
Nvidia earnings below expectations at 0.51 USD,Earnings,"Nvidia earnings below expectations at 0.51 USDUnited States EarningsNvidia (NVDA) released earnings per share at 0.51 USD, compared to market expectations of 0.53 USD.2022-08-24T20:22:24.977"
US 10-Year Treasury Yield Approaches 2-Month High,Government Bond 10Y,"US 10-Year Treasury Yield Approaches 2-Month HighUnited States Government Bond 10YThe 10-year US Treasury note yield topped 3.1% in late August, the highest in nearly two months, on increasing bets that the Federal Reserve will continue to tighten monetary policy aggressively. Several Fed policymakers noted the need to move borrowing costs to a restrictive territory, highlighting the necessity to bring inflation substantially down and erasing previous bets of a dovish pivot following slower inflation and solid jobs data from July. On the data front, second GDP estimates showed the US economy shrank by 0.6% in Q2, less than a 0.9% contraction in the advance estimate. Investors expect Fed Chair Powell's speech on Friday during the annual Jackson Hole symposium to echo the central bank's hawkish stance, with markets pricing a 75bps for the Fed's next meeting in September.2022-08-24T18:51:00"
US Crude Stocks Fall More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Fall More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 3.282 million barrels in the week ended August 19th, much more than market expectations of a 0.933-million-barrel decrease. Also, gasoline stocks went down by 0.027 million barrels, compared to expectations of a 1.46 million drop; and distillate stockpiles, which include diesel and heating oil, declined by 0.661 million barrels against forecasts for a 0.58 million increase. Meanwhile, crude inventories at Cushing, Oklahoma, increased by 0.426 million barrels, following a 0.192-million-barrel injection in the previous period. 2022-08-24T14:33:25.957"
Dollar Rises on Hawkish Fed Talk,Currency,"Dollar Rises on Hawkish Fed TalkUnited States CurrencyThe dollar index bounced back to around 108.7 on Wednesday, rising again toward its highest levels in 20 years, as the latest hawkish Federal Reserve commentary stressing the need for more aggressive rate hikes to control inflation outweighed weak US economic data. Minneapolis Fed President Neel Kashkari said his biggest fear was underestimating the extent of price pressures, and that the central bank would have to be more aggressive for longer if inflation persists. Investors are also gearing up for Fed Chair Jerome Powell’s speech at the annual Jackson Hole symposium later this week for guidance on the central bank’s tightening plans. Meanwhile, markets are currently undecided on whether the Fed would deliver a third straight 75 basis point or a milder half-percentage point rate increase in September.2022-08-24T04:42:14.46"
Intuit earnings above expectations at 1.10 USD,Earnings,"Intuit earnings above expectations at 1.10 USDUnited States EarningsIntuit (INTU) released earnings per share at 1.10 USD, compared to market expectations of 0.99 USD.2022-08-23T20:22:21.28"
Dollar Pulls Back From 20-Year High,Currency,"Dollar Pulls Back From 20-Year HighUnited States CurrencyThe dollar index bottomed around the 108 mark, pulling back from a 20-year peak after dismal US economic data exacerbated concerns of a potential recession. US private-sector business activity contracted for a second straight month in August to its lowest level since July 2020. Still, the PMI survey's indexes of input and output prices both fell again, to the lowest since February of 2021, signaling that inflationary pressures could be cooling. Money markets now price 55.5% odds of a 50 basis-point rate hike by the Federal Open Market Committee in September. The most pronounced selling activity was against commodity-linked currencies such as the Australian and New Zealand dollars. 2022-08-23T15:32:35.86"
US 5th District Service Sector Activity Remains Sluggish,Richmond Fed Services Index,"US 5th District Service Sector Activity Remains SluggishUnited States Richmond Fed Services IndexThe Service Sector Activity Index in the US fifth district rose marginally to -12 in August of 2022 from -13 in the previous month, but still close to low levels last seen in July of 2020. The revenues index increased slightly to -12 but remained well below 0, while the demand index decreased to -11 from -6. Firms' assessments of local business conditions improved from July, but remained well below 0 with a reading of -18 in August. Moreover, firms were considerably less pessimistic about future business conditions, as the expected business conditions index rose to -18 from -31. Results also showed more survey respondents increased hiring in August and their ability to find workers with the necessary skills continued to improve from its June level. Firms expect further improvement in skills availability in the next six months, but they also expect wages to remain elevated. In addition to increasing wage pressures, growth in prices paid and prices received increased in August.2022-08-23T14:11:00"
US 5th District Factory Index Drops in August,Richmond Fed Manufacturing Index,"US 5th District Factory Index Drops in AugustUnited States Richmond Fed Manufacturing IndexThe Richmond Fed composite manufacturing index fell to -8 in August of 2022 from 0 in the previous month. Two of its three component indexes tumbled: the indexes for shipments and volume of new orders slid to -8 and -20 in August from 7 and -10 in July, respectively. The third component, the employment index, rose to 11 from 8 in July. The wage index remained elevated, despite a slight downward shift, indicating that a large but shrinking share of firms continues to report increasing wages. The local business conditions index edged downward slightly in August, moving to -14 from -13. Meanwhile, firms' expectations of conditions over the next six months stayed steady in August after a marked improvement in July. The average growth rate of prices paid was virtually flat in August, while the average growth rate of prices received increased somewhat.2022-08-23T14:05:00"
US Services Sector Shrinks the Most since 2020,Services PMI,"US Services Sector Shrinks the Most since 2020United States Services PMIThe S&P Global US Services PMI fell to 44.1 in August of 2022 from 47.3 in July, signaling the sharpest contraction since May 2020 as hikes in interest rates and inflation dampened customer spending. New orders contracted at the steepest pace for over two years and new business from abroad decreased at the second-fastest rate since December 2020. In line with a sharper fall in backlogs of work, service sector firms recorded a slower rise in employment. Although the rate of input price inflation eased to the slowest for seven months, firms noted that wage pressures, transportation surcharges and greater supplier costs had pushed up business expenses. In an effort to encourage new sales, output charges rose at the softest pace in 17 months. Finally, the degree of optimism regarding the outlook for output over the coming year to the highest for three months.2022-08-23T13:56:46.797"
US Business Activity Contraction Deepens in August,Composite PMI,"US Business Activity Contraction Deepens in AugustUnited States Composite PMIThe S&P Global US Composite PMI registered 45 in August of 2022, down from 47.7 in July, indicating a second successive monthly decrease in total business activity and at the fastest pace seen since May 2020. The reduction in output was broad based, with manufacturers and service providers registering lower activity. Service sector firms recorded the steeper rate of decline, as activity fell sharply, while goods producers saw a modest drop in output. New orders fell the most in 2 years and new export orders also declined further and at a solid pace. Weak client demand and lower new orders led firms to scale back their hiring efforts, as employment rose at the slowest pace in 2022 to date. On the price front, input prices rose at the slowest pace for a year-and-a-half and firms increased their selling prices at the softest pace in 18 months in August. Despite weak client demand, private sector firms were more upbeat regarding the outlook for output over the coming 12 months in August.2022-08-23T13:48:00"
Dollar Marches Toward 20-Year High,Currency,"Dollar Marches Toward 20-Year HighUnited States CurrencyThe dollar index held above 109 on Tuesday, closing in on its highest level since September 2002, supported by safe haven flows and expectations that the Federal Reserve will move ahead with its aggressive tightening plan to bring inflation substantially lower. Last week, several US policymakers offered hawkish statements on the need for further tightening, driving a fresh rally in the dollar. Markets are currently leaning towards a higher chance of another 75 basis point rate increase in September. Traders are also bracing for Fed Chair Jerome Powell’s speech at the annual Jackson Hole symposium later this week that could signal how high US borrowing costs may go. The most pronounced buying activity was against the Euro and the Pound, as soaring natural gas prices increased Europe's risk of recession.2022-08-23T06:09:04.45"
US Futures Edge Up After Sharp Selloff,Stock Market,"US Futures Edge Up After Sharp SelloffUnited States Stock MarketUS stock futures edged higher on Tuesday after a sharp selloff that brought the major averages to their lowest in at least two weeks, weighed down by growth worries and renewed concerns about aggressive interest rate hikes. Futures contracts tied to the three major indexes drifted flat to slightly positive. In after-hours trading, Palo Alto Networks surged 8% on strong quarterly results, while Zoom plunged 8% after downgrading its full-year forecast. In regular trading on Monday, the Dow fell 1.91%, the S&P 500 dropped 2.14% and the tech-heavy Nasdaq Composite sank 2.55%. All 11 S&P sectors declined, led by consumer discretionary and technology stocks. Sharp losses were seen from mega-cap names including Tesla (-2.3%), Apple (-2.3%) and Nvidia (-4.6%). Investors are bracing ahead of the annual Jackson Hole symposium later this week that is expected to reinforce a strong commitment to fight inflation, while markets remain divided between a 50 and a 75 bps hike in September.2022-08-23T01:20:00"
Palo Alto Networks earnings above expectations at 2.39 USD,Earnings,"Palo Alto Networks earnings above expectations at 2.39 USDUnited States EarningsPalo Alto Networks (PANW) released earnings per share at 2.39 USD, compared to market expectations of 2.28 USD.2022-08-22T20:22:53.753"
US Stocks Sink,Stock Market,"US Stocks SinkUnited States Stock MarketThe main US stock indices fell sharply on Monday, extending the decline from the previous week with losses in all sectors, as investors braced for a prolonged period of rate hikes following hawkish remarks from FOMC members last week. Money markets expect the Federal Reserve will raise its key interest rate by another 75bps in September, with attention turning to Fed Chair Jerome Powell's speech at the central bank's annual Jackson Hole symposium. The Dow closed 640 points lower to notch its worst session since June, while the S&P 500 and the Nasdaq lost 2.1% and 2.6%, respectively. Tech giants tracked the downturn in Treasury notes and the surge of the VIX index with Netflix dropping over 6% while Nvidia and Amazon trailed between 3.5%-4.5%. Meanwhile, Ford shares fell over 5% after the company announced it will lay off 3,000 workers to fund its shift to electric vehicles.2022-08-22T20:04:00"
Wall Street Losses Intensify,Stock Market,"Wall Street Losses Intensify United States Stock MarketThe major US stock indices fell sharply on Monday, extending losses from the previous week with pressure from all sectors, as investors braced for higher borrowing costs following hawkish remarks from several Fed policymakers last week. Money markets expect the Federal Reserve will raise its key interest rate by another 75bps in September, with attention turning to Fed Chair Jerome Powell's speech at the central bank's annual Jackson Hole symposium. The Dow was 650 points lower, on course for its worst session since June, while the S&P 500 and the Nasdaq trailed 2.1% and 2.5%, respectively. Tech giants were among the biggest laggards, with Microsoft, Amazon, Alphabet, and Apple trading sharply in the red.2022-08-22T18:21:00"
Dollar Approaches 20-Year Peak,Currency,"Dollar Approaches 20-Year PeakUnited States CurrencyThe dollar index broke above the 109 mark, closing in on its highest level since September 2002, as investors have increased bets that the Fed will move on with its aggressive tightening plan to tame sky-high inflation. Louis Fed President James Bullard was among the most hawkish policymakers last week, echoing the Fed's intention to tighter monetary policy and leaning towards favoring another 75 bps hike in September. The most pronounced buying activity was against the Euro and the Pound, as soaring natural gas prices increased Europe's risk of recession. 2022-08-22T16:11:00"
Wall Street Extends Selloff,Stock Market,"Wall Street Extends SelloffUnited States Stock MarketThe Dow lost over 600 points on Monday, and the S&P 500 and the Nasdaq lost 2% and 2.5%, respectively, as investors reassessed the outlook for monetary policy following hawkish remarks from several Fed policymakers last week. Money markets are pointing to expectations that the Federal Reserve will raise its key interest rate by another 75 bps in September, with attention turning to Fed Chair Jerome Powell's speech at the central bank's annual Jackson Hole economic symposium. High-growth and technology companies remained under heavy selling pressure, with Microsoft, Amazon, Alphabet, Facebook, Tesla, and Apple, trading deep in the red. 2022-08-22T13:32:00"
Dollar Firms Up on Hawkish Fed Outlook,Currency,"Dollar Firms Up on Hawkish Fed OutlookUnited States CurrencyThe dollar index firmed up above 108 on Monday, approaching a 20-year high of 109.3 reached in July, underpinned by expectations that the Federal Reserve will continue to aggressively raise interest rates to bring down inflation. Among the most hawkish statements so far, St. Louis Fed President James Bullard said Thursday he is considering support for a third straight 75-basis point rate hike in September and added he is not ready to say the economy has seen the worst of the inflation surge. Richmond Fed President Thomas Barkin also said Friday the “urge” among central bankers was towards faster, front-loaded rate increases. Still, markets are currently priced for a slightly higher chance of a more modest 50 basis point rate hike in September. Traders now look forward to Fed Chair Jerome Powell’s speech at this week’s annual Jackson Hole symposium for more clues on the central bank’s rate hike path.2022-08-22T05:19:00"
US Futures Fall on Rate Hike Fears,Stock Market,"US Futures Fall on Rate Hike FearsUnited States Stock MarketUS stock futures fell on Monday after the major averages stalled last week, as recent central bank commentary reignited fears of aggressive interest rate hikes. Dow and S&P 500 futures each lost about 0.5%, while Nasdaq 100 futures dropped 0.6%. Last week, the Dow shed 0.16%, the S&P 500 fell 1.21% and the tech-heavy Nasdaq Composite declined 2.62%. A raft of Federal Reserve officials indicated their commitment to keep raising interest rates to combat inflation, with St. Louis Fed President James Bullard saying last week that he is considering a third straight 75 basis point rate hike at the September meeting. Investors now look ahead to Fed Chair Jerome Powell’s speech at the central bank’s annual symposium in Jackson Hole, Wyoming this week for more clues on the Fed’s rate hike path. Meanwhile, 95% of S&P 500 companies have already released their latest earnings reports, with roughly 75% of those having topped expectations.2022-08-22T00:18:00"
US Stocks Under Pressure,Stock Market,"US Stocks Under PressureUnited States Stock MarketThe Dow lost over 200 points on Friday, and the S&P 500 and Nasdaq fell 1.1% and 1.6%, respectively, as investors worried that a lengthy period of tightening monetary policy from the Federal Reserve could drag the world's largest economy into a recession. Despite some signs that inflation could be peaking, the US central bank has affirmed that a dovish pivot is unlikely until inflation returns to its 2% target. St. Louis Fed President James Bullard, Minneapolis Federal Reserve Neel Kashkari, and San Francisco Fed President Mary Daly were the latest policymakers to echo such a view. Technology and high-growth stocks were among the top losers as Treasury yields climbed. Meanwhile, Deere & Company plunged almost 3% following disappointing earnings results. The Dow Jones remained positive for the week, while the S&P 500 and tech-heavy Nasdaq were poised to snap a four-week advance.2022-08-19T13:36:00"
Deere & Company earnings below expectations at 6.16 USD,Earnings,"Deere & Company earnings below expectations at 6.16 USDUnited States EarningsDeere & Company (DE) released earnings per share at 6.16 USD, compared to market expectations of 6.64 USD.2022-08-19T11:15:04.38"
US 10-Year Bond Yield Hits Four-Week High,Government Bond 10Y,"US 10-Year Bond Yield Hits Four-Week HighUnited States Government Bond 10YThe yield on the 10-year US Treasury note topped 3%, a level not seen in a month, as investors reassessed the outlook for monetary policy following hawkish remarks from several Fed policymakers. Louis Fed President James Bullard echoed the Fed's intention to tighter monetary policy, leaning towards favoring another 75 bps hike in September. San Francisco Federal Reserve President Mary Daly highlighted the need to push interest rates to the restrictive territory to bring inflation down to its 2% target. Market moves came after minutes from the last Federal Reserve meeting signaled that a dovish pivot is unlikely until such an aggressive tightening would drag on growth.2022-08-19T06:10:00"
US Futures Ease as Stock Rally Cools,Stock Market,"US Futures Ease as Stock Rally CoolsUnited States Stock MarketUS stock futures eased on Friday as the Wall Street rally that started in mid-July started to show signs of cooling, with the major averages set to end mixed this week. Futures contracts tied to the three major index drifted flat to slightly negative. In extended trading, semiconductor equipment firm Applied Materials and payment software company Bill.com surged 2% and 21%, respectively, on better-than-expected earnings reports and upbeat forward guidance. Meanwhile, Bed Bath & Beyond tumbled another 45% in after-hours trading as activist investor Ryan Cohen revealed that he had exited his entire position in the company. The major averages are mixed so far this week, with the Dow and S&P 500 remaining in positive territory, while the tech-heavy Nasdaq Composite is set to snap a four-week advance. Investors continue to navigate volatile markets marked by strong earnings and signs of easing inflation, as well as expectations that the Federal Reserve will tighten further.2022-08-19T00:55:41.873"
Applied Materials earnings above expectations at 1.94 USD,Earnings,"Applied Materials earnings above expectations at 1.94 USDUnited States EarningsApplied Materials (AMAT) released earnings per share at 1.94 USD, compared to market expectations of 1.78 USD.2022-08-18T20:23:36.487"
Dollar Hits One-Month Peak,currency,"Dollar Hits One-Month PeakUnited States currencyThe dollar index broke above the 107 mark, a level not seen in a month, as investors reassessed the outlook for monetary policy following hawkish remarks from several Fed policymakers. Louis Fed President James Bullard echoed the Fed's intention to tighter monetary policy, leaning towards favoring another 75 bps hike in September. San Francisco Federal Reserve President Mary Daly highlighted the need to push interest rates to the restrictive territory to bring inflation down to its 2% target. Market moves came after minutes from the last Federal Reserve meeting signaled that a dovish pivot is unlikely until such an aggressive tightening would drag on growth.2022-08-18T17:00:00"
Estée Lauder earnings above expectations at 0.42 USD,Earnings,"Estée Lauder earnings above expectations at 0.42 USDUnited States EarningsEstée Lauder (EL) released earnings per share at 0.42 USD, compared to market expectations of 0.33 USD.2022-08-18T11:15:01.1"
Dollar Firms Up After Fed Minutes,Currency,"Dollar Firms Up After Fed MinutesUnited States CurrencyThe dollar index firmed up above 106.5 on Thursday, hovering near its highest levels in three weeks, after Federal Reserve officials at their July meeting indicated their commitment to raise interest rates into restrictive territory to bring inflation substantially lower. However, US policymakers did not provide specific guidance for future increases and said that rate decisions would be based on incoming economic data, as well as assessments of how the economy is adapting to rising interest rates. Markets are currently priced for a half-percentage point rate hike in September, with some speculations for a bigger 75 basis point increase, while expecting rates to hit a peak around 3.7% by March and stay there until later in 2023.2022-08-18T05:42:56.337"
US Futures Slip Further After Weak Session,Stock Market,"US Futures Slip Further After Weak SessionUnited States Stock MarketUS stock futures slipped further on Thursday after all three major averages ended lower in the last regular session, weighed down by disappointing earnings reports and the Federal Reserve’s commitment to fighting inflation. Futures contracts tied to the three major indexes were all trading in negative territory. In extended trading, Bed Bath & Beyond tumbled 18% after it was revealed that activist investor Ryan Cohen plans to exit his entire position in the retailer. Meanwhile, Dow component Cisco jumped more than 4% on better-than-expected earnings and revenue. In regular trading on Wednesday, the Dow fell 0.5%, the S&P 500 lost 0.7% and the tech-heavy Nasdaq Composite dropped 1.25%. Those moves came as investors digested the latest FOMC minutes, where policymakers indicated they likely would not consider slowing the pace of rate hikes until inflation comes down toward the 2% target.2022-08-18T00:34:20.993"
Synopsys earnings above expectations at 2.10 USD,Earnings,"Synopsys earnings above expectations at 2.10 USDUnited States EarningsSynopsys (SNPS) released earnings per share at 2.10 USD, compared to market expectations of 1.99 USD.2022-08-17T21:00:23.983"
Cisco Systems earnings above expectations at 0.83 USD,Earnings,"Cisco Systems earnings above expectations at 0.83 USDUnited States EarningsCisco Systems (CSCO) released earnings per share at 0.83 USD, compared to market expectations of 0.82 USD.2022-08-17T21:00:22.46"
DXY Steadies after Fed Minutes,Currency,"DXY Steadies after Fed MinutesUnited States CurrencyThe dollar index steadied at 106.5 on Wednesday, having hit a session high of 106.9 earlier on expectations the Federal Reserve will hike rates by a lower magnitude at the next meeting. Markets see a 60% probability of a 50 bps rate hike by the Fed at the September meeting, while before the Fed minutes a third 75 bps rate hike was likely. Still, Fed officials remained committed to keeping interest rate hikes until inflation is under control. On the data front, the Commerce Department reported that retail sales stalled in July, indicating that sky-high inflation continued to curb consumer spending.2022-08-17T18:19:00"
US 10-Year Bond Yield Retreats Below 2.9%,Government Bond 10Y,"US 10-Year Bond Yield Retreats Below 2.9%United States Government Bond 10YThe yield on the 10-year US Treasury note edged below the 2.9% level as minutes from the FOMC July meeting did not give a specific guidance for the Federal Reserve and emphasized that the central bank will continue make data-dependent decisions. Policymakers also showed general consensus that the current 2.25%-2.5% target of funds rate is around the neutral level, signaling further rate hikes are necessary to move to the restrictive territory. The latest CPI report showed that consumer prices cooled more than expected, with the inflation rate retreating sharply from June’s 40-year high. In the meantime, the job market remains tight with July payroll data showing jobs added surprised to the upside.2022-08-17T18:15:00"
US Crude Stocks Fall More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Fall More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 7.056 million barrels in the week ended August 12th, the most since early April, while markets were expecting a smaller 0.275-million-barrel decrease. On top of that, gasoline stocks fell by 4.642 million barrels, compared to expectations of a 1.096 million drop. Meanwhile, crude inventories at Cushing, Oklahoma, increased by 0.192 million barrels, following a 0.723-million-barrel injection in the previous period. Distillate stockpiles, which include diesel and heating oil, climbed by 0.766million barrels against forecasts for a 0.440 million increase. 2022-08-17T14:37:00"
US 10-Year Bond Yield Edges Higher,Government Bond 10Y,"US 10-Year Bond Yield Edges HigherUnited States Government Bond 10YThe yield on the 10-year US Treasury note rose to the 2.9% level as investors digested fresh US retail sales data and its effect on the Federal Reserve’s guidance. While headline retail sales were flat in July, the gauge excluding gasoline and autos showed a robust increase compared to the previous month, strengthening bets that the Fed may continue to tighten policy aggressively. In the meantime, investors await minutes from the Federal Reserve's meeting to assess the economy's health and the pace of interest rate hikes. While the latest CPI report showed that price growth could be slowing, the job market remains extremely tight, making it challenging to grasp the actual picture of the US economy. Meanwhile, the Federal Reserve has been reassuring markets that a dovish pivot is unlikely, as it remains determined to bring inflation down to the 2% target level.2022-08-17T12:44:00"
Dollar Extends Rally Towards 107,Currency,"Dollar Extends Rally Towards 107United States CurrencyThe dollar index strengthened towards the 107 mark, a level not seen in three weeks, as investors awaited minutes from the Federal Reserve's meeting to gauge the economy's health and the pace of interest rate hikes. On the data front, the Commerce Department reported that retail sales stalled in July, indicating that sky-high inflation continued to curb consumer spending. Meanwhile, the Federal Reserve has been reassuring markets that a dovish pivot is unlikely despite some evidence that inflation is cooling. However, it has constantly avoided putting exact numbers on the size of the next rate hike in September. 2022-08-17T12:42:18.027"
TJX Companies earnings above expectations at 0.69 USD,Earnings,"TJX Companies earnings above expectations at 0.69 USDUnited States EarningsTJX Companies (TJX) released earnings per share at 0.69 USD, compared to market expectations of 0.67 USD.2022-08-17T11:59:36.797"
Target earnings below expectations at 0.39 USD,Earnings,"Target earnings below expectations at 0.39 USDUnited States EarningsTarget (TGT) released earnings per share at 0.39 USD, compared to market expectations of 0.80 USD.2022-08-17T11:59:31.077"
Analog Devices earnings above expectations at 2.52 USD,Earnings,"Analog Devices earnings above expectations at 2.52 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 2.52 USD, compared to market expectations of 2.43 USD.2022-08-17T11:59:27.967"
Lowe's Companies earnings above expectations at 4.67 USD,Earnings,"Lowe's Companies earnings above expectations at 4.67 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 4.67 USD, compared to market expectations of 4.59 USD.2022-08-17T10:15:06.417"
"Dollar Muted Ahead of Retail Sales, Fed Minutes",Currency,"Dollar Muted Ahead of Retail Sales, Fed MinutesUnited States CurrencyThe dollar index steadied above 106 in muted market action on Wednesday as traders awaited US retail sales data that could give insight on the state of the consumer, as well as minutes of the last Federal Reserve policy meeting that could offer fresh clues on the central bank’s rate hike path. Meanwhile, the index remains about 0.7% up this week as several central bank officials reassured markets that a dovish pivot is unlikely despite signs that inflation could be peaking. Richmond Fed Bank President Thomas Barkin said Friday that the Fed will have to continue to move rates into “restrictive territory” until he sees inflation sustainably moving within the target range for a significant period. The dollar also benefited from safe-haven buying as weak Chinese and US data reignited fears of a global recession.2022-08-17T05:47:00"
US Futures Flat After Mixed Session,Stock Market,"US Futures Flat After Mixed SessionUnited States Stock MarketUS stock futures were little changed on Wednesday after the major averages ended mixed in the last regular session, as investors digested upbeat earnings reports from big retailers, while remaining cautious about the Federal Reserve’s plans to continue raising interest rates to bring down inflation. Futures contracts tied to the three major indexes drifted flat to slightly positive. In regular trading on Tuesday, the Dow and S&P 500 rose 0.71% and 0.19%, respectively, pushed higher by strong quarterly results from Walmart and Home Depot. Investors now await more retail earnings from Target and Lowe’s before the bell on Wednesday, as well as US retail sales data for July that could offer clues on how consumers are coping with still elevated inflationary levels. Meanwhile, the tech-heavy Nasdaq Composite fell 0.19% as growth stocks remain under pressure from rising interest rates.2022-08-17T00:50:00"
Agilent earnings above expectations at 1.34 USD,Earnings,"Agilent earnings above expectations at 1.34 USDUnited States EarningsAgilent (A) released earnings per share at 1.34 USD, compared to market expectations of 1.20 USD.2022-08-16T21:24:35.823"
US Crude Oil Inventories Fall More than Expected: API,API Crude Oil Stock Change,"US Crude Oil Inventories Fall More than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States decreased by 0.448 million barrels in the week ended August 12th, 2022, after a 2.156 million barrels rise in the previous week and compared with market expectations of a 0.117 million fall, data from the American Petroleum Institute showed.2022-08-16T20:33:00"
10-Year Treasury Yield Consolidates Above 2.8%,Government Bond 10Y,"10-Year Treasury Yield Consolidates Above 2.8%United States Government Bond 10YThe 10-year US Treasury note yield consolidated above the 2.8% level as investors awaited minutes from the Federal Reserve's meeting to gauge the economy's health and the pace of interest rate hikes. While some recent inflation reports showed evidence that price growth could be slowing, the job market remains extremely tight, making it challenging to handle the actual picture of the US economy. Meanwhile, the Federal Reserve has been reassuring markets that a dovish pivot is unlikely. However, it has constantly avoided putting exact numbers on the size of the next rate hike in September. 2022-08-16T15:19:21.68"
US Manufacturing Production Rebounds More than Expected,Manufacturing Production MoM,"US Manufacturing Production Rebounds More than ExpectedUnited States Manufacturing Production MoMManufacturing production in the United States rose by 0.7 percent in July of 2022, rebounding from the downwardly revised 0.4 percent drop in the previous month and beating expectations of a 0.2 percent increase. Durable manufacturing rose by 1.3 percent, supported by a 6.6 percent gain for motor vehicles, while fabricated metals, aerospace, and miscellaneous transportation equipment all added more than 1 percent. Non-durable manufacturing edged 0.1 percent higher as gains for apparel and leather, chemicals, and plastics and rubber offset declines in other industries. Capacity utilization for manufacturing rose by 0.5 percentage points to 79.8 percent, 1.6 percentage points above the long-run average.2022-08-16T13:40:45.097"
US Industrial Output Growth Beats Estimates,Industrial Production Mom,"US Industrial Output Growth Beats EstimatesUnited States Industrial Production MomIndustrial production in the United States rose 0.6% from a month earlier in July of 2022, surpassing market expectations of a 0.3% increase and edging higher from the revised stagnation in June. Manufacturing output rose by 0.7%, rebounding from the 0.4% decrease in the previous month with durable and non-durable manufacturing rising by 1.3% and 0.1%, respectively. Within manufacturing of durable goods, motor vehicles production gained 6.6%, while fabricated metals, aerospace, and miscellaneous transportation equipment all added more than 1%. Within non-durable manufacturing, higher output was focused on apparel and leather, and chemicals. Also, the index for mining was 0.7% higher, easing from the 2% jump in the prior month. Capacity utilization rose by 0.4 percentage points to 80.3% in July, 0.7 percentage points above its long-run average.2022-08-16T13:22:00"
Dollar Hits Three-Week High,Currency,"Dollar Hits Three-Week HighUnited States CurrencyThe dollar index strengthened towards the 107 mark, a level not seen in three weeks as dismal economic data in leading economies stoked fresh concerns about a global recession and drove safe-haven demand for the greenback. On top of that, the Federal Reserve has been reassuring markets that a dovish pivot is unlikely despite signs that inflation could be peaking. More speeches this week and the FOMC minutes release due on Wednesday are now highly expected for clues about the central bank's rate path. The dollar strengthened across the board, with the most pronounced buying activity again seen against currencies associated with higher risk appetite, such as the Australian and New Zealand dollars.2022-08-16T13:02:32.077"
Walmart earnings above expectations at 1.77 USD,Earnings,"Walmart earnings above expectations at 1.77 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.77 USD, compared to market expectations of 1.63 USD.2022-08-16T12:58:19.027"
Home Depot earnings above expectations at 5.05 USD,Earnings,"Home Depot earnings above expectations at 5.05 USDUnited States EarningsHome Depot (HD) released earnings per share at 5.05 USD, compared to market expectations of 4.94 USD.2022-08-16T12:58:11.39"
Dollar Firms Up on Recession Concerns,Currency,"Dollar Firms Up on Recession ConcernsUnited States CurrencyThe dollar index firmed up around 106.5 on Tuesday, hovering near its highest levels in a week, as weak economic data in major economies stoked fresh concerns about a global recession and drove safe-haven demand for the greenback. The dollar also benefited from expectations that the Federal Reserve will tighten monetary settings further despite signs of easing inflation and slowing growth in the US. In the latest central bank commentary, Richmond Fed Bank President Thomas Barkin said Friday that the Fed will have to continue to move rates into “restrictive territory” until he sees inflation sustainably falling within the target range for a significant period. Traders now await speeches from several central bank officials and the latest FOMC minutes which could offer more clues on the Fed’s rate hike path.2022-08-16T05:44:45.36"
US Futures Drift Ahead of Retail Earnings,Stock Market,"US Futures Drift Ahead of Retail EarningsUnited States Stock MarketUS stock futures drifted lower on Tuesday after the major averages posted gains in the last regular session, while investors braced for retail earnings that could offer clues about consumer activity and the overall health of the US economy. Futures contracts tied to the three major indexes drifted flat to slightly negative. In after-hours trading, job search engine ZipRecruiter fell more than 5% as it slashed its full-year revenue guidance, while real estate brokerage firm Compass dropped 12% after reporting a wider loss for the second quarter. In regular trading on Monday, the Dow rose 0.45%, the S&P 500 gained 0.40% and the Nasdaq Composite added 0.62%. Those moves came as investors shrugged off dismal economic data from China and the US and remained focused on easing price pressures. Investors now look ahead to earnings reports from major retailers, with Home Depot and Walmart scheduled for Tuesday. Markets also await minutes of the last Federal Reserve meeting due on Wednesday.2022-08-16T00:26:31.623"
10-Year Treasury Yield Falls,Government Bond 10Y,"10-Year Treasury Yield FallsUnited States Government Bond 10YThe 10-year US Treasury note yield consolidated around the 2.80% level, easing from a multi-week peak of 2.91% as investors rushed to the safety of bonds due to lingering concerns over a global economic slowdown. A batch of economic releases from China, including disappointing industrial production and retail sales figures, raised further concerns about the health of the world's second-larger economy. On top of that, several Federal Reserve policymakers have pointed out that a dovish pivot is unlikely despite signs that inflation could be peaking, added to concerns about a Fed-induced recession. 2022-08-15T10:52:00"
Dollar Steadies as Traders Mull Fed Outlook,Currency,"Dollar Steadies as Traders Mull Fed OutlookUnited States CurrencyThe dollar index steadied just below the 106 mark on Monday after rising half a percent in the previous session, as traders reassessed the outlook of US monetary policy following a raft of hawkish remarks from Federal Reserve officials. In the latest developments, Richmond Fed Bank President Thomas Barkin said Friday that the central bank will have to continue to move rates into “restrictive territory” until he sees a period of sustained inflation under control. He also acknowledged easing consumer and producer prices in July as a welcome sign, but wants to see inflation running sustainably within the 2% target. Meanwhile, the dollar index lost nearly 1% last week as speculations for peak inflation prompted markets to dial back bets for further supersized rate hikes from the Fed.2022-08-15T04:07:15.683"
US Futures Ease to Start the Week,Stock Market,"US Futures Ease to Start the WeekUnited States Stock MarketUS stock futures fell slightly on Monday after the major averages posted strong gains last week on easing inflationary pressures, while investors look ahead to earnings reports from big retailers this week to gauge how businesses are coping with various macro headwinds. Futures contracts tied to the three major indexes each fell about 0.2%. Last week, the Dow gained 2.9%, the S&P 500 rallied 3.3% and the Nasdaq Composite jumped 3.1%, with all benchmarks hitting their highest in at least three months. Analysts are speculating that this is a new bull market as the Dow and S&P 500 have now retraced 50% of their peak-to-trough losses. More than 90% of S&P 500 companies have now reported their second quarter results, and about 78% of those firms have posted better-than-expected earnings, according to Refinitiv. Investors now await quarterly results from major retailers, with Walmart and Home Depot set to report earnings on Tuesday, while Lowe’s and Target are scheduled for Wednesday.2022-08-14T23:56:00"
US Export Prices Post First Decline in Seven Months,Export Prices MoM,"US Export Prices Post First Decline in Seven MonthsUnited States Export Prices MoMUS export prices dropped by 3.3 percent from a month earlier in July of 2022, following a 0.7 percent gain in June and compared with market expectations of a 1.1 percent drop. It was the first drop in export prices in seven months and the sharpest one-month decline since April 2020. Lower agricultural and nonagricultural prices each contributed to the decline. Compared to the previous year, export prices climbed 13.1 percent.2022-08-12T12:37:00"
Bond Markets Under Pressure as Investors Focus on Further Tightening,Government Bond 10Y,"Bond Markets Under Pressure as Investors Focus on Further Tightening United States Government Bond 10YThe 10-year US Treasury note yield consolidated around the 2.90% level, a level not seen in three weeks, as markets continued to bet that the Federal Reserve will go ahead with its aggressive tightening plan despite signs of cooling inflation. San Francisco Fed Bank President Mary Daly said that while a 50 bps rate hike in September looks appropriate, she left the door open for a sharpest move to tame sky-high inflation. Minneapolis Fed President Neel Kashkari and Chicago Fed President Charles Evans echoed a similar view that the central bank's tightening cycle is far from done. Market moves came despite softer-than-expected US headline inflation and the first decline in producer prices in more than two years. 2022-08-12T09:55:00"
Dollar Bounces Off Six-Week Low,Currency,"Dollar Bounces Off Six-Week Low United States CurrencyThe dollar index managed to regain some ground above the 105 mark, recovering from its lowest level in over a month, as somewhat hawkish remarks from several Federal Reserve policymakers lent optimism to bulls. San Francisco Fed Bank President Mary Daly said that while a 50 bps rate hike in September looks appropriate, she left the door open for a sharpest move to tame sky-high inflation. Minneapolis Fed President Neel Kashkari and Chicago Fed President Charles Evans echoed a similar view that the central bank's tightening cycle is far from done. Such remarks came despite softer-than-expected US headline inflation and the first decline in producer prices in more than two years. For the week, the DXY has lost more than 1%. 2022-08-12T09:36:09.953"
Dollar Heads for Sharp Weekly Loss,Currency,"Dollar Heads for Sharp Weekly LossUnited States CurrencyThe dollar index held its recent decline toward the 105 mark on Friday and was on track to lose more than 1% this week, as softer-than-expected US consumer and producer price growths in July prompted speculations for peak inflation and a less aggressive Federal Reserve tightening moving forward. Markets are now priced for a higher chance of a 50-basis point rate hike in September versus earlier speculation of a bigger 75-basis point increase. In the latest Fed commentary, meanwhile, San Francisco Fed Bank President Mary Daly said that while a half-percentage point rate hike in September “makes sense,” she is open to the possibility of a bigger hike to fight too-high inflation. Minneapolis Fed President Neel Kashkari also said that he expects the central bank to raise its policy rate to 3.9% by year-end and to 4.4% by end of 2023, while Chicago Fed President Charles Evans indicated that US rates will top out at 4% next year.2022-08-12T05:51:59.027"
US Futures Steady After Lackluster Session,Stock Market,"US Futures Steady After Lackluster SessionUnited States Stock MarketUS stock futures steadied on Friday after the major averages ended mixed in the last regular session, as investors took profits and reassessed the outlook for US inflation and interest rates. Futures contracts tied to the three major indexes were all near breakeven. In extended trading, Rivian shares fell more than 2% despite topping earnings expectations as the EV maker trimmed its full-year guidance. Olo and Illumina also sank 27% and 17%, respectively, on disappointing quarterly reports, while Toast surged 11% on strong revenues and upbeat guidance. In regular trading on Thursday, the Dow inched up 0.08%, while the S&P 500 and Nasdaq Composite reversed early gains to close 0.07% and 0.58% lower, respectively. Six of the 11 S&P sectors declined, with healthcare and consumer discretionary stocks leading the losses, while energy shares outperformed on higher oil and natgas prices. Investors now await import prices and consumer sentiment data due later in the global day.2022-08-12T01:01:32.283"
ResMed earnings above expectations at 1.49 USD,Earnings,"ResMed earnings above expectations at 1.49 USDUnited States EarningsResMed (RMD) released earnings per share at 1.49 USD, compared to market expectations of 1.45 USD.2022-08-11T21:25:10.1"
Illumina earnings below expectations at 0.57 USD,Earnings,"Illumina earnings below expectations at 0.57 USDUnited States EarningsIllumina (ILMN) released earnings per share at 0.57 USD, compared to market expectations of 0.64 USD.2022-08-11T21:25:07.387"
US 10-Year Treasury Yield Picks Up to Nearly 3-Week High,Government Bond 10Y,"US 10-Year Treasury Yield Picks Up to Nearly 3-Week HighUnited States Government Bond 10YBond market participants, unfazed by signs of inflation peaking, have continued to push the 10-year US Treasury note yield higher to a 3-week high of 2.9% with focus instead on more rate hikes by the Federal Reserve. Fed funds futures traders are now pricing in a 58% chance of a 50-basis-point hike in September and a 42% chance of a 75-basis-point increase. Data showed US producer prices declined in July for the first time in over two years, while analysts expected them to increase, suggesting that producer inflation could be on a downward trend. On top of that, consumer prices in the US rose 8.5% annually in July, lower than expectations of 8.7%, while the core inflation rate unexpectedly stagnated.2022-08-11T19:25:00"
Treasury Yields Decline Further,Government Bond 10Y,"Treasury Yields Decline Further United States Government Bond 10YThe 10-year US Treasury note yield declined towards the 2.70% level, approaching a four-month low of 2.51% hit earlier this month as signs of cooling inflation prompted investors to scale back expectations that the Fed would deliver another mammoth rate hike in September. Data showed US producer prices declined in July for the first time in over two years, while analysts expected them to increase, suggesting that producer inflation could be on a downward trend. On top of that, consumer prices in the US rose 8.5% annually in July, lower than expectations of 8.7%, while the core inflation rate unexpectedly stagnated. Hopes that inflation could be peaking drove investors to reconsider the Fed’s dovish policy pivot, backtracking hawkish bets after last week’s hot payroll data.2022-08-11T13:19:36.597"
Dollar Extends Downside Momentum,Currency,"Dollar Extends Downside MomentumUnited States CurrencyThe dollar index bottomed below the 105 mark, closing in on its lowest level since late June, as markets reassessed the Federal Reserve’s policy outlook following further evidence that inflation could be peaking. Data showed US producer prices declined in July for the first time in over two years, while analysts expected them to increase. The data followed a softer-than-expected US CPI reading on Wednesday, which suggested that the Federal Reserve could slow down its aggressive policy tightening plans. Markets are now pricing a 50 bps hike at the US central bank’s next policy meeting in September.2022-08-11T13:01:58.553"
Dollar Rises on Hawkish Fed Remarks,Currency,"Dollar Rises on Hawkish Fed RemarksUnited States CurrencyThe dollar index rose toward 105.5 on Thursday after sliding 1% in the previous session, as traders assessed hawkish remarks from Federal Reserve policymakers emphasizing the central bank’s commitment to keep raising interest rates to convincingly tame inflation. In the latest developments, San Francisco Fed President Mary Daly warned in an FT interview that it is too early to “declare victory” in the fight against inflation, and that consumer prices remain “far too high and not near our price stability goal.” Minneapolis Fed President Neel Kashkari also said that he expects the central bank to raise its policy rate to 3.9% by year-end and to 4.4% by end of 2023, while Chicago Fed President Charles Evans indicated that US rates will top out at 4% next year. Those remarks came as the headline inflation rate slowed to 8.5% in July 2022 from an over 40-year high of 9.1% in June amid a significant drop in gasoline prices.2022-08-11T05:13:00"
US Futures Climb on Soft Inflation Report,Stock Market,"US Futures Climb on Soft Inflation ReportUnited States Stock MarketUS stock futures climbed higher on Thursday after the major averages rallied sharply in the last regular session, driven by softer-than-expected July inflation numbers that may ease some pressure on the Federal Reserve from tightening more aggressively. Futures contracts tied to the three major indexes each rose about 0.2%. In after-hours trading, Disney jumped nearly 7% on strong earnings and higher-than-expected Disney+ subscription numbers. Meanwhile, wireless sound system maker Sonos and online dating firm Bumble sank 18.3% and 11.3%, respectively, on poor quarterly results and/or weak guidance. In regular trading on Wednesday, the Dow gained 1.6%, the S&P 500 jumped 2.1% and the Nasdaq Composite surged 2.9%, with all three benchmarks closing at their highest in over three months. Those moves came after the headline inflation came in at 8.5% in July, decelerating from an over 40-year high of 9.1% in June, prompting speculations for peak inflation and a less aggressive Fed.2022-08-11T01:07:00"
Walt Disney earnings above expectations at 1.09 USD,Earnings,"Walt Disney earnings above expectations at 1.09 USDUnited States EarningsWalt Disney (DIS) released earnings per share at 1.09 USD, compared to market expectations of 0.98 USD.2022-08-10T20:22:56.697"
US Budget Gap Narrows 30% in July,Government Budget Value,"US Budget Gap Narrows 30% in JulyUnited States Government Budget ValueThe US government budget deficit narrowed by 30% to USD 211 billion in July of 2022 from USD 302 billion in the corresponding month of the previous year, compared to market expectations of a USD 194 billion gap. Receipts grew by 3 percent to USD 269 billion, while outlays fell by 15% to USD 480 billion mainly due to COVID-19 relief spending. The US federal deficit was at USD 726 billion in the ten months of the 2022 fiscal year, 71% lower than the USD 2,54 billion from the corresponding period of 2021.2022-08-10T18:04:00"
US Crude Stocks Rise More than Expected: EIA,Crude Oil Stocks Change,"US Crude Stocks Rise More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 5.458 million barrels to 432 million barrels in the week ended August 5th, the highest since December 2021, while markets were expecting a smaller 0.073-million-barrel increase. Crude stocks at Cushing, Oklahoma, increased by 0.723 million barrels, following a 0.926-million-barrel injection in the previous period. Distillate stockpiles, which include diesel and heating oil, climbed by 2.166 million barrels to 111.5 million barrels, against forecasts for a 0.667 million decrease. Meanwhile, gasoline stocks fell by 4.978 million barrels to 220.3 million barrels, compared to expectations of a 0.633 million decrease. 2022-08-10T14:36:28.54"
US Wholesale Inventories Revised Slightly Lower,Wholesale Inventories,"US Wholesale Inventories Revised Slightly LowerUnited States Wholesale InventoriesWholesale inventories in the US advanced by 1.8% from a month earlier to $895.4 billion in June of 2022, slightly below an initial estimate of a 1.9% rise and after a 1.9% increase in the previous month. It was the 23rd straight month of gains, as stocks of both durable goods (2% vs 2.1% in May) and nondurables (1.4% vs 1.7%) stocks increased. On an annual basis, wholesale inventories jumped 25.5% in June, also slightly below an earlier reading of 25.6%.2022-08-10T14:05:00"
Stocks in United States Hit 10-week High,Stock Market,Stocks in United States Hit 10-week HighUnited States Stock MarketUS30 increased to a 10-week high of 333052022-08-10T14:03:57.393
US 10-Year Bond Yield Retreats Sharply,Government Bond 10Y,"US 10-Year Bond Yield Retreats SharplyUnited States Government Bond 10YThe yield on the 10-year US Treasury note declined sharply to the 2.7% level, approaching the four-month low of 2.5% hit earlier in the month as lower than expected inflation figures eased worries that the Fed will extend its aggressive tightening pace. Consumer prices in the US rose 8.5% annually in July, lower than expectations of 8.7%, while the core inflation rate unexpectedly stagnated. Hopes that the rise in consumer prices have peeked drove investors to reconsider the Fed’s dovish policy pivot, backtracking hawkish bets after last week’s hot payroll data. 2022-08-10T12:38:00"
US Inflation Rate Below Forecasts at 8.5%,Inflation Rate,"US Inflation Rate Below Forecasts at 8.5%United States Inflation RateThe annual inflation rate in the US slowed more than expected to 8.5% in July of 2022 from an over 40-year high of 9.1% hit in June, and below market forecasts of 8.7%. Energy CPI rose by 32.9%, after hitting a 42-year high of 41.6% in June, mainly due to a big slowdown in gasoline costs (44% vs 59.9%), fuel oil (75.6% vs 98.5%), and natural gas (30.5% vs 38.4%) while electricity prices accelerated (15.2%, the most since February 2006). Cost also slowed for new vehicles (10.4% vs 11.4%) and airline fares (27.7% vs 34.1%), but inflation continued to march higher for food (10.9%, the largest increase since May of 1979, vs 10.4%); shelter (5.7% vs 5.6%); and used cars and trucks (6.6% vs 1.7%). Compared to the previous month, the CPI was unchanged, after hitting a 17-year high of 1.3% and also below forecasts of 0.2%. Core inflation was steady at 5.9%, beating expectations of 6.1%, and offering some support that inflation has finally peaked.2022-08-10T12:32:00"
Dollar Steadies Ahead of Key CPI Report,Currency,"Dollar Steadies Ahead of Key CPI ReportUnited States CurrencyThe dollar index steadied above the 106 mark on Wednesday after facing some pressure in the previous two sessions, as traders avoided making big bets ahead of US inflation data that could influence the Federal Reserve’s policy stance. Economists expect the annual inflation rate to have eased to 8.7% in July from 9.1% in June, and a significant downward surprise could reduce some pressure on the Fed and drive the greenback even lower. On the other hand, a hotter-than-expected reading will reinforce the central bank's aggressive stance against runaway inflation and likely trigger another dollar rally. Markets are currently priced for a third straight 75 basis point rate hike at the US central bank’s next policy meeting in September on the heels of a surprisingly strong jobs report last week.2022-08-10T03:43:03.45"
US Futures Flat Ahead of Inflation Report,Stock Market,"US Futures Flat Ahead of Inflation ReportUnited States Stock MarketUS stock futures were little changed on Wednesday as investors braced for a key inflation report that could affect the outlook on the Federal Reserve’s rate hike path. Futures contracts tied to the three major indexes were all near breakeven. In after-hours trading, Coinbase and Roblox dropped 5.5% and 17.4%, respectively, on disappointing earnings reports, while The Trade Desk rallied 17.8% on strong revenues and upbeat guidance. In regular trading on Tuesday, the Dow fell 0.18%, the S&P 500 lost 0.42% and the tech-heavy Nasdaq dropped 1.19%. Those moves came as major technology firms warned of a grim outlook due to a challenging macro environment and weakening demand. Meanwhile, the annual inflation rate for July is expected to have cooled to 8.7% from 9.1% in June. A significant surprise on either side could inform how aggressively the Fed would tighten going forward.2022-08-10T00:34:33.917"
Welltower Inc earnings above expectations at 0.20 USD,Earnings,"Welltower Inc earnings above expectations at 0.20 USDUnited States EarningsWelltower Inc (WELL) released earnings per share at 0.20 USD, compared to market expectations of 0.19 USD.2022-08-09T21:23:30.16"
US Crude Oil Inventories Rise More than Expected: API,API Crude Oil Stock Change,"US Crude Oil Inventories Rise More than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 2.156 million barrels in the week ended August 5th 2022, above market expectations of a 0.073-million-barrel increase and following a 2.165 million barrels injection in the previous week. 2022-08-09T20:35:53.887"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under PressureUnited States CurrencyThe dollar index bottomed around the 106 mark as investors seemed reluctant to make significant moves ahead of US inflation data due on Wednesday, which may provide insight into the Federal Reserve's tightening plan. Economists expect the annual inflation rate to have eased to 8.7% from 9.1% in June, and a significant downward surprise could reduce some pressure on the Fed and drive the dollar even lower. On the other hand, a hotter-than-expected reading will reinforce the central bank's stance of aggressive monetary policy tightening to tackle runaway inflation and likely trigger another bullish run for the dollar. The market movement came in the aftermath of stronger-than-expected payroll data last week, which prompted money markets to price in on another 75 bps hike in September. 2022-08-09T14:20:40.693"
US 10-Year Treasury Yield Edges Up Ahead Inflation Report,Government Bond 10Y,"US 10-Year Treasury Yield Edges Up Ahead Inflation ReportUnited States Government Bond 10YThe 10-year US Treasury note yield edged up to 2.8%, moving further away from a 4-month low of 2.5% hit on August 2nd as investors bet the Federal Reserve will raise interest rates by 75 basis points for the third straight month in September after data showed the economy is resilient ahead of the key inflation report on Wednesday. Last week's hot payroll report added to expectations of an aggressive tightening from the Federal Reserve, ending with recent speculation about a dovish policy pivot. Signs of a robust job market came along with hawkish comments from several Fed policymakers. The central bank has been reassuring markets that it remains fully committed to taming inflation, currently running at 40-year highs.2022-08-09T14:10:57.117"
US Economic Optimism Index Back to Lowest since 2011,Economic Optimism Index,"US Economic Optimism Index Back to Lowest since 2011United States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the US edged lower to 38.1 in August of 2022 from 38.5 in July, and matching June's reading for the lowest since August 2011. Consumers remained pessimist for a 12th consecutive month, as inflation cancels out wage gains. The six-month outlook for the US economy edged up four-tenths of a point to 32.6; the personal finances subindex rose 1.2 points to 46.5 after hitting a record low in July; while the gauge of support for federal economic policies slid 2.7 points to 35.3, its lowest level since January of 2014.2022-08-09T14:10:00.227"
US Labor Costs Rise More than Expected,Labour Costs,"US Labor Costs Rise More than ExpectedUnited States Labour CostsUnit labor costs in the US nonfarm business sector surged by 10.8 percent in the second quarter of 2022, above market forecasts of a 9.5 percent jump and following an upwardly revised 12.7 percent gain in the previous period. It reflects a 5.7 percent increase in hourly compensation and a 4.6 percent decrease in productivity. Unit labor costs increased 9.5 percent over the last four quarters, the most significant gain since the first quarter of 1982. 
2022-08-09T12:35:00"
US Labor Productivity Drops Less than Expected,Productivity,"US Labor Productivity Drops Less than ExpectedUnited States ProductivityNon-farm labor productivity in the US fell an annualized 4.6 percent in the second quarter of 2022, slightly below market expectations of a 4.7 percent drop and easing from the downwardly revised 7.3 percent decline in the previous period. Output slid 2.1 percent, easing from the upwardly revised 2.5 percent contraction in the first quarter, while hours worked rose by 2.6 percent from a downwardly revised 5.3 percent increase. Year-on-year, non-farm business sector labor productivity fell by 2.5 percent, picking up from the 0.6 percent fall in the first quarter.2022-08-09T12:34:00"
TransDigm earnings above expectations at 4.85 USD,Earnings,"TransDigm earnings above expectations at 4.85 USDUnited States EarningsTransDigm (TDG) released earnings per share at 4.85 USD, compared to market expectations of 4.39 USD.2022-08-09T12:28:05.187"
Sysco earnings above expectations at 1.15 USD,Earnings,"Sysco earnings above expectations at 1.15 USDUnited States EarningsSysco (SYY) released earnings per share at 1.15 USD, compared to market expectations of 1.11 USD.2022-08-09T12:27:18.103"
Emerson Electric earnings above expectations at 1.38 USD,Earnings,"Emerson Electric earnings above expectations at 1.38 USDUnited States EarningsEmerson Electric (EMR) released earnings per share at 1.38 USD, compared to market expectations of 1.29 USD.2022-08-09T12:18:42.457"
Dollar Holds Steady as Inflation Data Looms,Currency,"Dollar Holds Steady as Inflation Data LoomsUnited States CurrencyThe dollar index held steady above 106 on Tuesday, hovering near recent highs, as traders looked ahead to US inflation data later in the week that could offer more clues on the Federal Reserve’s rate hike path. Economists are expecting the annual inflation rate to have eased to 8.7% from 9.1% in June, and a significant downward surprise could ease some pressure on the Fed and drive the dollar lower. A New York Federal Reserve survey released Monday pointed to a sharp decline in American consumers’ inflation expectations for the coming year and the next three years. Meanwhile, data last week showed that the US economy unexpectedly added 528,000 jobs in July, more than double the 250,000 jobs economists predicted, raising bets that the Fed will deliver another 75 basis point rate hike in September.2022-08-09T05:33:31.773"
US Futures Edge Up After Mixed Session,Stock Market,"US Futures Edge Up After Mixed SessionUnited States Stock MarketUS stock futures edged up in Asian trade on Tuesday after the major averages ended mixed overnight, as investors weighed various earnings reports and looked ahead to inflation data that could guide the outlook for US monetary policy. Futures contracts tied to the three major indexes drifted flat to positive. In extended trading, Novavax plunged 33.6% after the drugmaker slashed its full-year revenue guidance due to weak demand for its Covid vaccines. Consumer lending company Upstart also tumbled 14.5% after missing estimates for the top and bottom lines. In regular trading on Monday, the Dow rose 0.09%, while the S&P 500 and Nasdaq Composite shed 0.12% and 0.10%, respectively. Those moves came as Nvidia missed revenue forecasts and offered weak forward guidance, dragging other chip stocks lower. Investors now await more earnings reports from major firms including Roblox, The Trade Desk and Coinbase on Tuesday, as well as the July inflation report on Wednesday.2022-08-09T01:09:16.207"
AIG earnings above expectations at 1.19 USD,Earnings,"AIG earnings above expectations at 1.19 USDUnited States EarningsAIG (AIG) released earnings per share at 1.19 USD, compared to market expectations of 1.07 USD.2022-08-08T21:23:22.547"
Dominion Resources earnings above expectations at 0.77 USD,Earnings,"Dominion Resources earnings above expectations at 0.77 USDUnited States EarningsDominion Resources (D) released earnings per share at 0.77 USD, compared to market expectations of 0.75 USD.2022-08-08T12:15:22.457"
Dollar Firms Up on Hawkish Fed Outlook,Currency,"Dollar Firms Up on Hawkish Fed OutlookUnited States CurrencyThe dollar index firmed up above 106.5 on Monday after jumping nearly 1% in the previous session, underpinned by a surprisingly strong monthly jobs report last week that reinforced that Federal Reserve’s case for further monetary tightening. The US economy unexpectedly added 528,000 jobs in July, more than double the 250,000 jobs economists predicted, easing recession fears as the labor market remained solid even in the face of high inflation and rising interest rates. Markets are betting that the Fed will deliver another 75 basis point rate hike in September, with Fed Governor Michelle Bowman saying on Saturday that she supports the central bank’s quarter point rate hikes and believes they should continue until inflation is subdued. Investors now turn their focus to a key inflation report due on Wednesday that could offer more clues on the Fed’s rate hike path.2022-08-08T05:24:00"
US Futures Slip as Inflation Data Eyed,Stock Market,"US Futures Slip as Inflation Data EyedUnited States Stock MarketUS stock futures slipped on Monday as investors digested a surprisingly strong monthly jobs report released late last week, while markets turned their focus to a key inflation report this week for more clues on the Federal Reserve’s next policy move. Futures contracts tied to the three major indexes all traded in negative territory. The major averages ended mixed in regular trading on Friday, with the Dow rising 0.23%, while the S&P 500 and Nasdaq Composite lost 0.16% and 0.50%, respectively. The Labor Department's closely watched report showed that the US economy added 528K payrolls in July 2022, well above Wall Street expectations. The data followed hawkish comments from several Fed officials, which made a policy pivot even more elusive as the central bank sought to cool an overheating economy. Investors now await the July CPI data slated for release on Wednesday.2022-08-08T01:00:00"
US Consumer Credit Beats Forecasts,Consumer Credit,"US Consumer Credit Beats ForecastsUnited States Consumer CreditConsumer credit in the United States increased by USD 40.15 billion in June of 2022, up significantly from an upwardly revised USD 23.79 billion gain in the previous month and well above market expectations of a USD 25 billion rise. It was the biggest monthly gain in consumer credit in three months, as non-revolving credit, which includes auto and student loans went up by USD 25.36 billion while revolving credit, which includes credit card debt, rose by USD 14.80 billion. On an annual basis, consumer credit surged by 10.5 percent, following an upwardly revised 6.3 percent increase in May.2022-08-05T19:11:00"
US 10-Year Bond Yield Jumps on Strong Labor Data,Government Bond 10Y,"US 10-Year Bond Yield Jumps on Strong Labor DataUnited States Government Bond 10YThe yield on the 10-year US treasury note jumped to 2.8% after fresh jobs data surpassed market expectations in multiple gauges, strengthening bets that the Fed will continue its aggressive hiking momentum. 528 thousand non-farm payrolls were added to the American economy in July, more than double of expectations, while the unemployment rate dropped to 3.5% and wages grew by 0.5% on the month. Stronger labor market figures add to recent hawkish comments by Fed policymakers, which remain fully committed to taming surging inflation. 2022-08-05T12:46:00"
DXY Strengthens after Strong Payroll Number,Currency,"DXY Strengthens after Strong Payroll NumberUnited States CurrencyThe dollar index jumped 0.8% to above 96.5 on Friday after a stronger-than-expected jobs report strengthened expectations the Federal Reserve will remain aggressively in the coming months to tame inflation. The US economy added 528K jobs in July, much better than market forecasts of 250K and above an upwardly revised 398K in June. For the week, the dollar is up 0.7%. 2022-08-05T12:40:00"
US Unemployment Rate Falls to 3.5%,Unemployment Rate,"US Unemployment Rate Falls to 3.5%United States Unemployment RateThe US unemployment rate decreased to 3.5% in July 2022, the lowest since February 2020, from 3.6% in the previous period, while analysts expected it to be unchanged. The number of unemployed persons edged down to 5.7 million. Meanwhile, the labor force participation rate, at 62.1 percent, and the employment-population ratio, at 60.0 percent, were little changed over the month.2022-08-05T12:34:00"
Corteva Inc earnings above expectations at 1.64 USD,Earnings,"Corteva Inc earnings above expectations at 1.64 USDUnited States EarningsCorteva Inc (CTVA) released earnings per share at 1.64 USD, compared to market expectations of 1.46 USD.2022-08-05T08:15:17.24"
Dollar Holds Steady as Key Jobs Data Looms,Currency,"Dollar Holds Steady as Key Jobs Data LoomsUnited States CurrencyThe dollar index held steady near 106 on Friday after facing heightened volatility earlier this week, as investors are preparing for a key monthly jobs report that could guide the outlook for US monetary policy. The US non-farm payrolls number for July due on Friday is expected to come in at 250,000, and a surprise on either side could impact expectations on the Federal Reserve’s next policy move. The dollar started to weaken in mid-July amid speculations that the US central bank may raise interest rates less aggressively in the coming months to avoid a recession. However, the greenback recouped some losses after several Fed officials recently pushed back against such expectations, voicing their determination to keep hiking rates until inflation abates. St. Louis Fed Bank President James Bullard said he favors a strategy of front-loading big rate increases, repeating that he wants to end the year at 3.75% to 4%.2022-08-05T04:59:00"
US Futures Flat Ahead of Jobs Report,Stock Market,"US Futures Flat Ahead of Jobs ReportUnited States Stock MarketUS stock futures were little changed on Friday as investors looked ahead to the highly anticipated jobs report that could give fresh insight on the state of the economy and further clues on the Federal Reserve tightening path. Futures contracts tied to the three major index drifted flat to slightly positive. In regular trading on Thursday, the Dow and S&P 500 shed 0.26% and 0.08%, respectively, while the tech-heavy Nasdaq rose 0.41%. The S&P 500 and Nasdaq Composite are on track to post a third straight week of gains, while the Dow is set to snap a two-week advance. The US non-farm payrolls number for July due Friday is expected to come in at 250,000, and a surprise on either side could impact expectations on the Fed’s next policy move. Earlier this week, several Fed policymakers pushed back against speculations that the central bank would tighten less aggressively to avoid a recession, reassuring markets that it is determined to do what it takes to bring inflation under control.2022-08-05T00:41:36.16"
Regency Centers earnings above expectations at 0.61 USD,Earnings,"Regency Centers earnings above expectations at 0.61 USDUnited States EarningsRegency Centers (REG) released earnings per share at 0.61 USD, compared to market expectations of 0.45 USD.2022-08-04T21:03:22.757"
Expedia earnings above expectations at 1.96 USD,Earnings,"Expedia earnings above expectations at 1.96 USDUnited States EarningsExpedia (EXPE) released earnings per share at 1.96 USD, compared to market expectations of 1.58 USD.2022-08-04T21:03:16.62"
Insulet earnings below expectations at -0.50 USD,Earnings,"Insulet earnings below expectations at -0.50 USDUnited States EarningsInsulet (PODD) released earnings per share at -0.50 USD, compared to market expectations of 0.22 USD.2022-08-04T21:03:12.503"
Skyworks Solutions earnings above expectations at 2.44 USD,Earnings,"Skyworks Solutions earnings above expectations at 2.44 USDUnited States EarningsSkyworks Solutions (SWKS) released earnings per share at 2.44 USD, compared to market expectations of 2.35 USD.2022-08-04T21:03:08.39"
"Rocket Companies, Inc. earnings below expectations at -0.03 USD",Earnings,"Rocket Companies, Inc. earnings below expectations at -0.03 USDUnited States EarningsRocket Companies, Inc. (RKT) released earnings per share at -0.03 USD, compared to market expectations of 0.02 USD.2022-08-04T21:03:04.257"
Ventas earnings below expectations at -0.11 USD,Earnings,"Ventas earnings below expectations at -0.11 USDUnited States EarningsVentas (VTR) released earnings per share at -0.11 USD, compared to market expectations of 0.00 USD.2022-08-04T21:03:01.077"
Live Nation Entertainment earnings above expectations at 0.66 USD,Earnings,"Live Nation Entertainment earnings above expectations at 0.66 USDUnited States EarningsLive Nation Entertainment (LYV) released earnings per share at 0.66 USD, compared to market expectations of 0.50 USD.2022-08-04T21:02:55.947"
Motorola Solutions Msi earnings above expectations at 2.07 USD,Earnings,"Motorola Solutions Msi earnings above expectations at 2.07 USDUnited States EarningsMotorola Solutions Msi (MSI) released earnings per share at 2.07 USD, compared to market expectations of 1.87 USD.2022-08-04T21:02:42.083"
Republic Services earnings above expectations at 1.32 USD,Earnings,"Republic Services earnings above expectations at 1.32 USDUnited States EarningsRepublic Services (RSG) released earnings per share at 1.32 USD, compared to market expectations of 1.18 USD.2022-08-04T21:02:37.987"
Monster Beverage earnings below expectations at 0.51 USD,Earnings,"Monster Beverage earnings below expectations at 0.51 USDUnited States EarningsMonster Beverage (MNST) released earnings per share at 0.51 USD, compared to market expectations of 0.70 USD.2022-08-04T21:02:34.877"
Square earnings above expectations at 0.18 USD,Earnings,"Square earnings above expectations at 0.18 USDUnited States EarningsSquare (SQ) released earnings per share at 0.18 USD, compared to market expectations of 0.16 USD.2022-08-04T21:02:31.79"
Public Storage earnings above expectations at 3.42 USD,Earnings,"Public Storage earnings above expectations at 3.42 USDUnited States EarningsPublic Storage (PSA) released earnings per share at 3.42 USD, compared to market expectations of 2.52 USD.2022-08-04T21:02:28.663"
EOG Resources earnings below expectations at 2.74 USD,Earnings,"EOG Resources earnings below expectations at 2.74 USDUnited States EarningsEOG Resources (EOG) released earnings per share at 2.74 USD, compared to market expectations of 3.06 USD.2022-08-04T21:02:25.533"
Vertex Pharmaceuticals earnings above expectations at 3.60 USD,Earnings,"Vertex Pharmaceuticals earnings above expectations at 3.60 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 3.60 USD, compared to market expectations of 3.49 USD.2022-08-04T21:02:19.34"
Amgen earnings above expectations at 4.65 USD,Earnings,"Amgen earnings above expectations at 4.65 USDUnited States EarningsAmgen (AMGN) released earnings per share at 4.65 USD, compared to market expectations of 4.39 USD.2022-08-04T21:02:16.68"
Bio Techne earnings below expectations at 2.05 USD,Earnings,"Bio Techne earnings below expectations at 2.05 USDUnited States EarningsBio Techne (TECH) released earnings per share at 2.05 USD, compared to market expectations of 2.08 USD.2022-08-04T17:59:17.123"
Targa Resources earnings below expectations at 1.16 USD,Earnings,"Targa Resources earnings below expectations at 1.16 USDUnited States EarningsTarga Resources (TRGP) released earnings per share at 1.16 USD, compared to market expectations of 1.21 USD.2022-08-04T16:21:37.813"
Cheniere Energy earnings below expectations at 2.90 USD,Earnings,"Cheniere Energy earnings below expectations at 2.90 USDUnited States EarningsCheniere Energy (LNG) released earnings per share at 2.90 USD, compared to market expectations of 3.46 USD.2022-08-04T16:21:24.493"
Thomson Reuters earnings above expectations at 0.77 CAD,Earnings,"Thomson Reuters earnings above expectations at 0.77 CADUnited States EarningsThomson Reuters (TRI) released earnings per share at 0.77 CAD, compared to market expectations of 0.68 CAD.2022-08-04T16:21:21.427"
Kellogg earnings above expectations at 1.18 USD,Earnings,"Kellogg earnings above expectations at 1.18 USDUnited States EarningsKellogg (K) released earnings per share at 1.18 USD, compared to market expectations of 1.04 USD.2022-08-04T16:19:12.41"
Wayfair Inc. earnings below expectations at -1.94 USD,Earnings,"Wayfair Inc. earnings below expectations at -1.94 USDUnited States EarningsWayfair Inc. (W) released earnings per share at -1.94 USD, compared to market expectations of -1.90 USD.2022-08-04T16:09:32.44"
Advanced Drainage Systems earnings above expectations at 2.22 USD,Earnings,"Advanced Drainage Systems earnings above expectations at 2.22 USDUnited States EarningsAdvanced Drainage Systems (WMS) released earnings per share at 2.22 USD, compared to market expectations of 1.45 USD.2022-08-04T16:08:59.463"
Abiomed earnings above expectations at 1.25 USD,Earnings,"Abiomed earnings above expectations at 1.25 USDUnited States EarningsAbiomed (ABMD) released earnings per share at 1.25 USD, compared to market expectations of 1.06 USD.2022-08-04T16:08:56.363"
Howmet Aerospace Inc earnings above expectations at 0.35 USD,Earnings,"Howmet Aerospace Inc earnings above expectations at 0.35 USDUnited States EarningsHowmet Aerospace Inc (HWM) released earnings per share at 0.35 USD, compared to market expectations of 0.33 USD.2022-08-04T16:08:53.28"
Evergy Inc earnings above expectations at 0.86 USD,Earnings,"Evergy Inc earnings above expectations at 0.86 USDUnited States EarningsEvergy Inc (EVRG) released earnings per share at 0.86 USD, compared to market expectations of 0.84 USD.2022-08-04T16:08:50.197"
Quanta Services earnings above expectations at 1.54 USD,Earnings,"Quanta Services earnings above expectations at 1.54 USDUnited States EarningsQuanta Services (PWR) released earnings per share at 1.54 USD, compared to market expectations of 1.52 USD.2022-08-04T16:08:45.097"
Vulcan Materials earnings below expectations at 1.53 USD,Earnings,"Vulcan Materials earnings below expectations at 1.53 USDUnited States EarningsVulcan Materials (VMC) released earnings per share at 1.53 USD, compared to market expectations of 1.68 USD.2022-08-04T16:08:41.993"
Cheniere Partners earnings below expectations at 0.25 USD,Earnings,"Cheniere Partners earnings below expectations at 0.25 USDUnited States EarningsCheniere Partners (CQP) released earnings per share at 0.25 USD, compared to market expectations of 1.02 USD.2022-08-04T16:08:38.863"
CBRE Group Inc earnings above expectations at 1.83 USD,Earnings,"CBRE Group Inc earnings above expectations at 1.83 USDUnited States EarningsCBRE Group Inc (CBRE) released earnings per share at 1.83 USD, compared to market expectations of 1.39 USD.2022-08-04T16:08:27.61"
Apollo Global Management earnings below expectations at 0.94 USD,Earnings,"Apollo Global Management earnings below expectations at 0.94 USDUnited States EarningsApollo Global Management (APO) released earnings per share at 0.94 USD, compared to market expectations of 1.06 USD.2022-08-04T16:08:23.527"
Parker-Hannifin earnings above expectations at 5.16 USD,Earnings,"Parker-Hannifin earnings above expectations at 5.16 USDUnited States EarningsParker-Hannifin (PH) released earnings per share at 5.16 USD, compared to market expectations of 4.68 USD.2022-08-04T16:08:19.423"
Johnson Controls earnings meet market expectations at 0.85 USD,Earnings,"Johnson Controls earnings meet market expectations at 0.85 USDUnited States EarningsJohnson Controls (JCI) released earnings per share at 0.85 USD, in line with market expectations.2022-08-04T16:08:16.28"
Sempra Energy earnings above expectations at 1.98 USD,Earnings,"Sempra Energy earnings above expectations at 1.98 USDUnited States EarningsSempra Energy (SRE) released earnings per share at 1.98 USD, compared to market expectations of 1.78 USD.2022-08-04T16:08:10.03"
Intercontinental Exchange earnings above expectations at 1.32 USD,Earnings,"Intercontinental Exchange earnings above expectations at 1.32 USDUnited States EarningsIntercontinental Exchange (ICE) released earnings per share at 1.32 USD, compared to market expectations of 1.27 USD.2022-08-04T16:08:06.93"
Fidelity National Information Services earnings above expectations at 1.73 USD,Earnings,"Fidelity National Information Services earnings above expectations at 1.73 USDUnited States EarningsFidelity National Information Services (FIS) released earnings per share at 1.73 USD, compared to market expectations of 1.71 USD.2022-08-04T16:08:03.857"
Zoetis earnings below expectations at 1.20 USD,Earnings,"Zoetis earnings below expectations at 1.20 USDUnited States EarningsZoetis (ZTS) released earnings per share at 1.20 USD, compared to market expectations of 1.23 USD.2022-08-04T16:07:57.507"
Duke Energy earnings above expectations at 1.14 USD,Earnings,"Duke Energy earnings above expectations at 1.14 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.14 USD, compared to market expectations of 1.07 USD.2022-08-04T16:07:54.39"
ConocoPhillips earnings above expectations at 3.91 USD,Earnings,"ConocoPhillips earnings above expectations at 3.91 USDUnited States EarningsConocoPhillips (COP) released earnings per share at 3.91 USD, compared to market expectations of 3.86 USD.2022-08-04T16:07:51.293"
The Dow Jones Index increased 1.29%,Stock Market,The Dow Jones Index increased 1.29%United States Stock MarketIn New York the Dow Jones Index went up by 416 points or 1.29 percent on Wednesday. The rise was driven by Cisco Systems (1.76%).2022-08-04T13:00:06.667
US Imports Edge Down 0.3% in June,Imports,"US Imports Edge Down 0.3% in JuneUnited States ImportsImports to the United States went down 0.3 percent or USD 1 billion from a month earlier to USD 340.4 billion in June of 2022. Imports of goods decreased by USD 1.4 billion to USD 282.5 billion, as lower purchases of automotive vehicles, parts, and engines (down USD 2.7 billion) more than offset higher imports of computers (up USD 1.4 billion) and industrial supplies and materials (up USD 0.6 billion). Meanwhile, imports of services increased by USD 0.4 billion to USD 57.9 billion in June, particularly transport (up USD 1 billion) and travel (up USD 1 billion).2022-08-04T12:49:31.233"
US Exports Hit Fresh Record High,Exports,"US Exports Hit Fresh Record HighUnited States ExportsExports from the United States increased by 1.7 percent or USD 4.3 billion from the previous month to USD 260.8 billion in June of 2022, the highest since the series began in 1950. Exports of goods increased by USD 3.5 billion, driven by industrial supplies and materials (USD 4.7 billion) such as nonmonetary gold (USD 1.8 billion) and natural gas (USD 1.6 billion). Meanwhile, sales of foods, feeds, and beverages increased by USD 0.9 billion while those of civilian aircraft decreased by USD 0.8 billion. Exports of services grew by USD 0.7 billion to USD 77.8 billion, particularly travel (USD 0.3 billion) and transport (USD 0.3 billion).2022-08-04T12:42:00"
US Jobless Claims Rise Slightly,Initial Jobless Claims,"US Jobless Claims Rise SlightlyUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits rose by 6 thousand to 260,000 the week that ended July 30th, slightly surpassing market expectations of 259,000. On a non-seasonally adjusted basis, claims fell by 9,285 to 205,587 from last week’s downwardly revised value, with notable decreases in Massachusetts (-6,934), and Ohio (-1,801), while claims rose significantly in Connecticut (+7,095). The 4-week moving average, which removes week-to-week volatility, was at 254,750, an increase of 6 thousand from the previous week’s downwardly revised average of 248,750.2022-08-04T12:36:00"
WESTROCK earnings above expectations at 1.54 USD,Earnings,"WESTROCK earnings above expectations at 1.54 USDUnited States EarningsWESTROCK (WRK) released earnings per share at 1.54 USD, compared to market expectations of 1.48 USD.2022-08-04T12:26:38.217"
Iron Mountain earnings above expectations at 0.74 USD,Earnings,"Iron Mountain earnings above expectations at 0.74 USDUnited States EarningsIron Mountain (IRM) released earnings per share at 0.74 USD, compared to market expectations of 0.40 USD.2022-08-04T12:25:14.083"
EPAM Systems earnings above expectations at 2.38 USD,Earnings,"EPAM Systems earnings above expectations at 2.38 USDUnited States EarningsEPAM Systems (EPAM) released earnings per share at 2.38 USD, compared to market expectations of 1.71 USD.2022-08-04T12:22:15.497"
Thomson Reuters USA earnings above expectations at 0.60 USD,Earnings,"Thomson Reuters USA earnings above expectations at 0.60 USDUnited States EarningsThomson Reuters USA (TRI) released earnings per share at 0.60 USD, compared to market expectations of 0.53 USD.2022-08-04T12:15:48.5"
Air Products & Chemicals earnings above expectations at 2.62 USD,Earnings,"Air Products & Chemicals earnings above expectations at 2.62 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.62 USD, compared to market expectations of 2.61 USD.2022-08-04T12:15:45.397"
"Becton, Dickinson and Co. earnings above expectations at 2.66 USD",Earnings,"Becton, Dickinson and Co. earnings above expectations at 2.66 USDUnited States EarningsBecton, Dickinson and Co. (BDX) released earnings per share at 2.66 USD, compared to market expectations of 2.50 USD.2022-08-04T12:14:05.003"
Cigna earnings above expectations at 6.22 USD,Earnings,"Cigna earnings above expectations at 6.22 USDUnited States EarningsCigna (CI) released earnings per share at 6.22 USD, compared to market expectations of 5.49 USD.2022-08-04T12:13:09.95"
Eli Lilly earnings below expectations at 1.25 USD,Earnings,"Eli Lilly earnings below expectations at 1.25 USDUnited States EarningsEli Lilly (LLY) released earnings per share at 1.25 USD, compared to market expectations of 1.71 USD.2022-08-04T12:09:06.117"
Lamar Advertising earnings above expectations at 1.32 USD,Earnings,"Lamar Advertising earnings above expectations at 1.32 USDUnited States EarningsLamar Advertising (LAMR) released earnings per share at 1.32 USD, compared to market expectations of 1.27 USD.2022-08-04T11:40:41.913"
Bruker earnings meet market expectations at 0.45 USD,Earnings,"Bruker earnings meet market expectations at 0.45 USDUnited States EarningsBruker (BRKR) released earnings per share at 0.45 USD, in line with market expectations.2022-08-04T11:40:38.593"
United Therapeutics earnings below expectations at 2.41 USD,Earnings,"United Therapeutics earnings below expectations at 2.41 USDUnited States EarningsUnited Therapeutics (UTHR) released earnings per share at 2.41 USD, compared to market expectations of 4.38 USD.2022-08-04T11:40:35.34"
Amerco earnings above expectations at 17.03 USD,Earnings,"Amerco earnings above expectations at 17.03 USDUnited States EarningsAmerco (UHAL) released earnings per share at 17.03 USD, compared to market expectations of 8.06 USD.2022-08-04T11:40:32.1"
American Financial earnings above expectations at 2.85 USD,Earnings,"American Financial earnings above expectations at 2.85 USDUnited States EarningsAmerican Financial (AFG) released earnings per share at 2.85 USD, compared to market expectations of 2.21 USD.2022-08-04T11:40:17.367"
Western Gas Partners earnings below expectations at 0.74 USD,Earnings,"Western Gas Partners earnings below expectations at 0.74 USDUnited States EarningsWestern Gas Partners (WES) released earnings per share at 0.74 USD, compared to market expectations of 0.77 USD.2022-08-04T11:40:14.183"
Qorvo earnings above expectations at 2.25 USD,Earnings,"Qorvo earnings above expectations at 2.25 USDUnited States EarningsQorvo (QRVO) released earnings per share at 2.25 USD, compared to market expectations of 2.11 USD.2022-08-04T11:40:11.037"
Charles River Laboratories earnings above expectations at 2.77 USD,Earnings,"Charles River Laboratories earnings above expectations at 2.77 USDUnited States EarningsCharles River Laboratories (CRL) released earnings per share at 2.77 USD, compared to market expectations of 2.75 USD.2022-08-04T11:40:06.73"
Apache earnings below expectations at 2.37 USD,Earnings,"Apache earnings below expectations at 2.37 USDUnited States EarningsApache (APA) released earnings per share at 2.37 USD, compared to market expectations of 2.43 USD.2022-08-04T11:39:50.48"
Fair Isaac earnings above expectations at 4.47 USD,Earnings,"Fair Isaac earnings above expectations at 4.47 USDUnited States EarningsFair Isaac (FICO) released earnings per share at 4.47 USD, compared to market expectations of 3.95 USD.2022-08-04T11:39:43.633"
NiSource earnings below expectations at 0.12 USD,Earnings,"NiSource earnings below expectations at 0.12 USDUnited States EarningsNiSource (NI) released earnings per share at 0.12 USD, compared to market expectations of 0.13 USD.2022-08-04T11:39:39.4"
Host Hotels & Resorts earnings above expectations at 0.36 USD,Earnings,"Host Hotels & Resorts earnings above expectations at 0.36 USDUnited States EarningsHost Hotels & Resorts (HST) released earnings per share at 0.36 USD, compared to market expectations of 0.25 USD.2022-08-04T11:39:36.223"
Texas Pacific Land earnings below expectations at 15.37 USD,Earnings,"Texas Pacific Land earnings below expectations at 15.37 USDUnited States EarningsTexas Pacific Land (TPL) released earnings per share at 15.37 USD, compared to market expectations of 15.83 USD.2022-08-04T11:39:16.413"
MGM Resorts International earnings below expectations at 0.03 USD,Earnings,"MGM Resorts International earnings below expectations at 0.03 USDUnited States EarningsMGM Resorts International (MGM) released earnings per share at 0.03 USD, compared to market expectations of 0.27 USD.2022-08-04T11:39:04.863"
Generac earnings above expectations at 2.99 USD,Earnings,"Generac earnings above expectations at 2.99 USDUnited States EarningsGenerac (GNRC) released earnings per share at 2.99 USD, compared to market expectations of 2.61 USD.2022-08-04T11:38:49.357"
Marathon Oil earnings above expectations at 1.32 USD,Earnings,"Marathon Oil earnings above expectations at 1.32 USDUnited States EarningsMarathon Oil (MRO) released earnings per share at 1.32 USD, compared to market expectations of 1.27 USD.2022-08-04T11:38:39.797"
BioMarin Pharmaceutical earnings above expectations at 0.15 USD,Earnings,"BioMarin Pharmaceutical earnings above expectations at 0.15 USDUnited States EarningsBioMarin Pharmaceutical (BMRN) released earnings per share at 0.15 USD, compared to market expectations of 0.03 USD.2022-08-04T11:38:36.617"
Atmos Energy earnings above expectations at 0.92 USD,Earnings,"Atmos Energy earnings above expectations at 0.92 USDUnited States EarningsAtmos Energy (ATO) released earnings per share at 0.92 USD, compared to market expectations of 0.85 USD.2022-08-04T11:38:27.16"
Fleetcor Technologies earnings above expectations at 4.17 USD,Earnings,"Fleetcor Technologies earnings above expectations at 4.17 USDUnited States EarningsFleetcor Technologies (FLT) released earnings per share at 4.17 USD, compared to market expectations of 3.88 USD.2022-08-04T11:38:16.167"
Clorox earnings meet market expectations at 0.93 USD,Earnings,"Clorox earnings meet market expectations at 0.93 USDUnited States EarningsClorox (CLX) released earnings per share at 0.93 USD, in line with market expectations.2022-08-04T11:38:12.94"
PPL earnings meet market expectations at 0.30 USD,Earnings,"PPL earnings meet market expectations at 0.30 USDUnited States EarningsPPL (PPL) released earnings per share at 0.30 USD, in line with market expectations.2022-08-04T11:37:39.92"
Entergy earnings above expectations at 1.78 USD,Earnings,"Entergy earnings above expectations at 1.78 USDUnited States EarningsEntergy (ETR) released earnings per share at 1.78 USD, compared to market expectations of 1.38 USD.2022-08-04T11:37:17.977"
Ansys earnings above expectations at 1.77 USD,Earnings,"Ansys earnings above expectations at 1.77 USDUnited States EarningsAnsys (ANSS) released earnings per share at 1.77 USD, compared to market expectations of 1.60 USD.2022-08-04T11:37:07.427"
CDW earnings above expectations at 2.49 USD,Earnings,"CDW earnings above expectations at 2.49 USDUnited States EarningsCDW (CDW) released earnings per share at 2.49 USD, compared to market expectations of 2.42 USD.2022-08-04T11:37:02.207"
Albemarle earnings above expectations at 3.45 USD,Earnings,"Albemarle earnings above expectations at 3.45 USDUnited States EarningsAlbemarle (ALB) released earnings per share at 3.45 USD, compared to market expectations of 3.00 USD.2022-08-04T11:36:35.583"
eBay earnings above expectations at 0.99 USD,Earnings,"eBay earnings above expectations at 0.99 USDUnited States EarningseBay (EBAY) released earnings per share at 0.99 USD, compared to market expectations of 0.89 USD.2022-08-04T11:36:32.417"
AmerisourceBergen earnings above expectations at 2.62 USD,Earnings,"AmerisourceBergen earnings above expectations at 2.62 USDUnited States EarningsAmerisourceBergen (ABC) released earnings per share at 2.62 USD, compared to market expectations of 2.57 USD.2022-08-04T11:36:25.033"
Allstate earnings below expectations at -3.81 USD,Earnings,"Allstate earnings below expectations at -3.81 USDUnited States EarningsAllstate (ALL) released earnings per share at -3.81 USD, compared to market expectations of -0.99 USD.2022-08-04T11:36:19.853"
Yum Brands earnings below expectations at 1.05 USD,Earnings,"Yum Brands earnings below expectations at 1.05 USDUnited States EarningsYum Brands (YUM) released earnings per share at 1.05 USD, compared to market expectations of 1.09 USD.2022-08-04T11:36:08.707"
Realty Income earnings above expectations at 0.37 USD,Earnings,"Realty Income earnings above expectations at 0.37 USDUnited States EarningsRealty Income (O) released earnings per share at 0.37 USD, compared to market expectations of 0.36 USD.2022-08-04T11:35:39.607"
Exelon earnings below expectations at 0.44 USD,Earnings,"Exelon earnings below expectations at 0.44 USDUnited States EarningsExelon (EXC) released earnings per share at 0.44 USD, compared to market expectations of 0.46 USD.2022-08-04T11:35:36.43"
McKesson earnings above expectations at 5.83 USD,Earnings,"McKesson earnings above expectations at 5.83 USDUnited States EarningsMcKesson (MCK) released earnings per share at 5.83 USD, compared to market expectations of 5.29 USD.2022-08-04T11:35:22.773"
Fortinet earnings above expectations at 0.24 USD,Earnings,"Fortinet earnings above expectations at 0.24 USDUnited States EarningsFortinet (FTNT) released earnings per share at 0.24 USD, compared to market expectations of 0.22 USD.2022-08-04T11:35:14.567"
MetLife earnings above expectations at 2.00 USD,Earnings,"MetLife earnings above expectations at 2.00 USDUnited States EarningsMetLife (MET) released earnings per share at 2.00 USD, compared to market expectations of 1.47 USD.2022-08-04T11:35:10.297"
Enterprise Products Partners earnings above expectations at 0.64 USD,Earnings,"Enterprise Products Partners earnings above expectations at 0.64 USDUnited States EarningsEnterprise Products Partners (EPD) released earnings per share at 0.64 USD, compared to market expectations of 0.62 USD.2022-08-04T11:34:37.743"
Regeneron Pharmaceuticals earnings above expectations at 9.77 USD,Earnings,"Regeneron Pharmaceuticals earnings above expectations at 9.77 USDUnited States EarningsRegeneron Pharmaceuticals (REGN) released earnings per share at 9.77 USD, compared to market expectations of 8.60 USD.2022-08-04T11:34:26.757"
Moderna Inc earnings above expectations at 5.24 USD,Earnings,"Moderna Inc earnings above expectations at 5.24 USDUnited States EarningsModerna Inc (MRNA) released earnings per share at 5.24 USD, compared to market expectations of 4.54 USD.2022-08-04T11:34:17.62"
Booking Holdings Inc earnings above expectations at 19.08 USD,Earnings,"Booking Holdings Inc earnings above expectations at 19.08 USDUnited States EarningsBooking Holdings Inc (BKNG) released earnings per share at 19.08 USD, compared to market expectations of 18.25 USD.2022-08-04T11:34:04.95"
CVS Health earnings above expectations at 2.40 USD,Earnings,"CVS Health earnings above expectations at 2.40 USDUnited States EarningsCVS Health (CVS) released earnings per share at 2.40 USD, compared to market expectations of 2.18 USD.2022-08-04T11:33:20.707"
Cummins earnings above expectations at 5.36 USD,Earnings,"Cummins earnings above expectations at 5.36 USDUnited States EarningsCummins (CMI) released earnings per share at 5.36 USD, compared to market expectations of 4.35 USD.2022-08-04T11:23:29.847"
Caesars Entertainment earnings below expectations at -0.57 USD,Earnings,"Caesars Entertainment earnings below expectations at -0.57 USDUnited States EarningsCaesars Entertainment (CZR) released earnings per share at -0.57 USD, compared to market expectations of 0.19 USD.2022-08-04T11:18:05.75"
Henry Schein earnings above expectations at 1.16 USD,Earnings,"Henry Schein earnings above expectations at 1.16 USDUnited States EarningsHenry Schein (HSIC) released earnings per share at 1.16 USD, compared to market expectations of 1.13 USD.2022-08-04T11:17:59.507"
Service International earnings above expectations at 0.84 USD,Earnings,"Service International earnings above expectations at 0.84 USDUnited States EarningsService International (SCI) released earnings per share at 0.84 USD, compared to market expectations of 0.82 USD.2022-08-04T11:17:56.333"
Fidelity National Financial earnings above expectations at 1.90 USD,Earnings,"Fidelity National Financial earnings above expectations at 1.90 USDUnited States EarningsFidelity National Financial (FNF) released earnings per share at 1.90 USD, compared to market expectations of 1.59 USD.2022-08-04T11:17:53.127"
Molson Coors Brewing earnings meet market expectations at 1.19 USD,Earnings,"Molson Coors Brewing earnings meet market expectations at 1.19 USDUnited States EarningsMolson Coors Brewing (TAP) released earnings per share at 1.19 USD, in line with market expectations.2022-08-04T11:17:34.463"
Westlake Chemical earnings above expectations at 6.60 USD,Earnings,"Westlake Chemical earnings above expectations at 6.60 USDUnited States EarningsWestlake Chemical (WLK) released earnings per share at 6.60 USD, compared to market expectations of 6.08 USD.2022-08-04T11:17:31.273"
Repligen earnings above expectations at 0.91 USD,Earnings,"Repligen earnings above expectations at 0.91 USDUnited States EarningsRepligen (RGEN) released earnings per share at 0.91 USD, compared to market expectations of 0.71 USD.2022-08-04T11:17:17.517"
Leidos earnings above expectations at 1.59 USD,Earnings,"Leidos earnings above expectations at 1.59 USDUnited States EarningsLeidos (LDOS) released earnings per share at 1.59 USD, compared to market expectations of 1.56 USD.2022-08-04T11:17:11.233"
FMC earnings above expectations at 1.93 USD,Earnings,"FMC earnings above expectations at 1.93 USDUnited States EarningsFMC (FMC) released earnings per share at 1.93 USD, compared to market expectations of 1.88 USD.2022-08-04T11:17:07.023"
Healthpeak Properties Inc earnings above expectations at 0.13 USD,Earnings,"Healthpeak Properties Inc earnings above expectations at 0.13 USDUnited States EarningsHealthpeak Properties Inc (PEAK) released earnings per share at 0.13 USD, compared to market expectations of 0.10 USD.2022-08-04T11:17:03.857"
Entegris earnings below expectations at 1.00 USD,Earnings,"Entegris earnings below expectations at 1.00 USDUnited States EarningsEntegris (ENTG) released earnings per share at 1.00 USD, compared to market expectations of 1.05 USD.2022-08-04T11:16:56.58"
Incyte Corp earnings above expectations at 0.72 USD,Earnings,"Incyte Corp earnings above expectations at 0.72 USDUnited States EarningsIncyte Corp (INCY) released earnings per share at 0.72 USD, compared to market expectations of 0.56 USD.2022-08-04T11:16:52.397"
Markel earnings below expectations at 15.41 USD,Earnings,"Markel earnings below expectations at 15.41 USDUnited States EarningsMarkel (MKL) released earnings per share at 15.41 USD, compared to market expectations of 21.06 USD.2022-08-04T11:16:42.883"
Zebra Technologies earnings above expectations at 4.61 USD,Earnings,"Zebra Technologies earnings above expectations at 4.61 USDUnited States EarningsZebra Technologies (ZBRA) released earnings per share at 4.61 USD, compared to market expectations of 4.22 USD.2022-08-04T11:16:36.94"
LPL Financial earnings above expectations at 2.24 USD,Earnings,"LPL Financial earnings above expectations at 2.24 USDUnited States EarningsLPL Financial (LPLA) released earnings per share at 2.24 USD, compared to market expectations of 1.98 USD.2022-08-04T11:16:29.457"
Xylem earnings above expectations at 0.66 USD,Earnings,"Xylem earnings above expectations at 0.66 USDUnited States EarningsXylem (XYL) released earnings per share at 0.66 USD, compared to market expectations of 0.54 USD.2022-08-04T11:16:26.263"
Match Group earnings below expectations at -0.11 USD,Earnings,"Match Group earnings below expectations at -0.11 USDUnited States EarningsMatch Group (MTCH) released earnings per share at -0.11 USD, compared to market expectations of 0.57 USD.2022-08-04T11:16:20.393"
CenterPoint Energy earnings above expectations at 0.31 USD,Earnings,"CenterPoint Energy earnings above expectations at 0.31 USDUnited States EarningsCenterPoint Energy (CNP) released earnings per share at 0.31 USD, compared to market expectations of 0.27 USD.2022-08-04T11:16:08.223"
Steris earnings below expectations at 1.90 USD,Earnings,"Steris earnings below expectations at 1.90 USDUnited States EarningsSteris (STE) released earnings per share at 1.90 USD, compared to market expectations of 1.92 USD.2022-08-04T11:16:01.76"
Paycom Software earnings above expectations at 1.26 USD,Earnings,"Paycom Software earnings above expectations at 1.26 USDUnited States EarningsPaycom Software (PAYC) released earnings per share at 1.26 USD, compared to market expectations of 1.12 USD.2022-08-04T11:15:56.057"
Waters earnings above expectations at 2.75 USD,Earnings,"Waters earnings above expectations at 2.75 USDUnited States EarningsWaters (WAT) released earnings per share at 2.75 USD, compared to market expectations of 2.67 USD.2022-08-04T11:15:52.913"
Gartner earnings above expectations at 2.85 USD,Earnings,"Gartner earnings above expectations at 2.85 USDUnited States EarningsGartner (IT) released earnings per share at 2.85 USD, compared to market expectations of 2.14 USD.2022-08-04T11:15:43.283"
Coterra Energy earnings above expectations at 1.35 USD,Earnings,"Coterra Energy earnings above expectations at 1.35 USDUnited States EarningsCoterra Energy (CTRA) released earnings per share at 1.35 USD, compared to market expectations of 1.27 USD.2022-08-04T11:15:35.597"
Zimmer Biomet Holdings Inc earnings above expectations at 1.82 USD,Earnings,"Zimmer Biomet Holdings Inc earnings above expectations at 1.82 USDUnited States EarningsZimmer Biomet Holdings Inc (ZBH) released earnings per share at 1.82 USD, compared to market expectations of 1.64 USD.2022-08-04T11:15:32.357"
Extra Space Storage earnings above expectations at 1.73 USD,Earnings,"Extra Space Storage earnings above expectations at 1.73 USDUnited States EarningsExtra Space Storage (EXR) released earnings per share at 1.73 USD, compared to market expectations of 1.48 USD.2022-08-04T11:15:18.727"
Dupont De Nemours Inc earnings above expectations at 0.88 USD,Earnings,"Dupont De Nemours Inc earnings above expectations at 0.88 USDUnited States EarningsDupont De Nemours Inc (DD) released earnings per share at 0.88 USD, compared to market expectations of 0.75 USD.2022-08-04T11:15:12.297"
Ametek earnings above expectations at 1.38 USD,Earnings,"Ametek earnings above expectations at 1.38 USDUnited States EarningsAmetek (AME) released earnings per share at 1.38 USD, compared to market expectations of 1.29 USD.2022-08-04T11:15:09.023"
Verisk Analytics earnings above expectations at 1.53 USD,Earnings,"Verisk Analytics earnings above expectations at 1.53 USDUnited States EarningsVerisk Analytics (VRSK) released earnings per share at 1.53 USD, compared to market expectations of 1.41 USD.2022-08-04T11:15:03.233"
Public Service earnings below expectations at 0.64 USD,Earnings,"Public Service earnings below expectations at 0.64 USDUnited States EarningsPublic Service (PEG) released earnings per share at 0.64 USD, compared to market expectations of 0.66 USD.2022-08-04T11:14:51.9"
MPLX earnings above expectations at 0.83 USD,Earnings,"MPLX earnings above expectations at 0.83 USDUnited States EarningsMPLX (MPLX) released earnings per share at 0.83 USD, compared to market expectations of 0.81 USD.2022-08-04T11:14:48.693"
WEC Energy earnings above expectations at 0.91 USD,Earnings,"WEC Energy earnings above expectations at 0.91 USDUnited States EarningsWEC Energy (WEC) released earnings per share at 0.91 USD, compared to market expectations of 0.85 USD.2022-08-04T11:14:45.483"
Idexx Laboratories earnings below expectations at 1.56 USD,Earnings,"Idexx Laboratories earnings below expectations at 1.56 USDUnited States EarningsIdexx Laboratories (IDXX) released earnings per share at 1.56 USD, compared to market expectations of 1.65 USD.2022-08-04T11:14:34.727"
Waste Connections earnings above expectations at 1.00 USD,Earnings,"Waste Connections earnings above expectations at 1.00 USDUnited States EarningsWaste Connections (WCN) released earnings per share at 1.00 USD, compared to market expectations of 0.95 USD.2022-08-04T11:14:28.317"
Electronic Arts EA earnings above expectations at 0.41 USD,Earnings,"Electronic Arts EA earnings above expectations at 0.41 USDUnited States EarningsElectronic Arts EA (EA) released earnings per share at 0.41 USD, compared to market expectations of 0.33 USD.2022-08-04T11:14:20.803"
Prudential Financial earnings below expectations at 1.74 USD,Earnings,"Prudential Financial earnings below expectations at 1.74 USDUnited States EarningsPrudential Financial (PRU) released earnings per share at 1.74 USD, compared to market expectations of 2.36 USD.2022-08-04T11:14:15.563"
Microchip Technology earnings above expectations at 1.37 USD,Earnings,"Microchip Technology earnings above expectations at 1.37 USDUnited States EarningsMicrochip Technology (MCHP) released earnings per share at 1.37 USD, compared to market expectations of 1.33 USD.2022-08-04T11:14:03.957"
KKR & Co LP earnings meet market expectations at 0.95 USD,Earnings,"KKR & Co LP earnings meet market expectations at 0.95 USDUnited States EarningsKKR & Co LP (KKR) released earnings per share at 0.95 USD, in line with market expectations.2022-08-04T11:13:53.313"
Marathon Petroleum earnings above expectations at 10.61 USD,Earnings,"Marathon Petroleum earnings above expectations at 10.61 USDUnited States EarningsMarathon Petroleum (MPC) released earnings per share at 10.61 USD, compared to market expectations of 8.71 USD.2022-08-04T11:13:49.1"
Marriott International earnings above expectations at 1.80 USD,Earnings,"Marriott International earnings above expectations at 1.80 USDUnited States EarningsMarriott International (MAR) released earnings per share at 1.80 USD, compared to market expectations of 1.56 USD.2022-08-04T11:13:38.363"
Pioneer Natural Resources earnings above expectations at 9.36 USD,Earnings,"Pioneer Natural Resources earnings above expectations at 9.36 USDUnited States EarningsPioneer Natural Resources (PXD) released earnings per share at 9.36 USD, compared to market expectations of 8.82 USD.2022-08-04T11:13:30.98"
Occidental Petroleum earnings above expectations at 3.16 USD,Earnings,"Occidental Petroleum earnings above expectations at 3.16 USDUnited States EarningsOccidental Petroleum (OXY) released earnings per share at 3.16 USD, compared to market expectations of 3.02 USD.2022-08-04T11:13:25.753"
Uber earnings below expectations at -1.33 USD,Earnings,"Uber earnings below expectations at -1.33 USDUnited States EarningsUber (UBER) released earnings per share at -1.33 USD, compared to market expectations of -0.27 USD.2022-08-04T11:13:12.997"
Illinois Tool Works earnings above expectations at 2.37 USD,Earnings,"Illinois Tool Works earnings above expectations at 2.37 USDUnited States EarningsIllinois Tool Works (ITW) released earnings per share at 2.37 USD, compared to market expectations of 2.21 USD.2022-08-04T11:13:05.52"
Gilead Sciences earnings above expectations at 1.58 USD,Earnings,"Gilead Sciences earnings above expectations at 1.58 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 1.58 USD, compared to market expectations of 1.52 USD.2022-08-04T11:12:53.68"
Caterpillar earnings above expectations at 3.18 USD,Earnings,"Caterpillar earnings above expectations at 3.18 USDUnited States EarningsCaterpillar (CAT) released earnings per share at 3.18 USD, compared to market expectations of 3.01 USD.2022-08-04T11:12:21.383"
Starbucks earnings above expectations at 0.84 USD,Earnings,"Starbucks earnings above expectations at 0.84 USDUnited States EarningsStarbucks (SBUX) released earnings per share at 0.84 USD, compared to market expectations of 0.77 USD.2022-08-04T11:12:08.25"
PayPal earnings above expectations at 0.93 USD,Earnings,"PayPal earnings above expectations at 0.93 USDUnited States EarningsPayPal (PYPL) released earnings per share at 0.93 USD, compared to market expectations of 0.87 USD.2022-08-04T11:12:00.813"
S&P Global Inc earnings below expectations at 2.81 USD,Earnings,"S&P Global Inc earnings below expectations at 2.81 USDUnited States EarningsS&P Global Inc (SPGI) released earnings per share at 2.81 USD, compared to market expectations of 2.93 USD.2022-08-04T11:11:51.27"
Advanced Micro Devices earnings above expectations at 1.05 USD,Earnings,"Advanced Micro Devices earnings above expectations at 1.05 USDUnited States EarningsAdvanced Micro Devices (AMD) released earnings per share at 1.05 USD, compared to market expectations of 1.03 USD.2022-08-04T11:11:37.253"
Dollar Holds Steady as Key Jobs Data Looms,Currency,"Dollar Holds Steady as Key Jobs Data LoomsUnited States CurrencyThe dollar index held steady around 106 on Thursday after recovering from one-month lows earlier this week, as investors are preparing for a key monthly jobs report that could guide the outlook for US monetary policy. The US non-farm payrolls number for July due on Friday is expected to come in at 250,000, and a surprise on either side could impact expectations on the Federal Reserve’s next policy move. The dollar started to weaken in mid-July amid speculations that the US central bank may raise interest rates less aggressively in the coming months to avoid a recession. However, the greenback recouped some losses after several Fed officials recently pushed back against such expectations, voicing their determination to keep hiking rates until inflation abates. St. Louis Fed Bank President James Bullard said he favors a strategy of front-loading big rate increases, repeating that he wants to end the year at 3.75% to 4%, as reported by Bloomberg.2022-08-04T05:33:00"
US Futures Inch Lower After Sharp Rally,Stock Market,"US Futures Inch Lower After Sharp RallyUnited States Stock MarketUS stock futures inched lower in Asian trade on Thursday after the major averages rallied sharply overnight on solid corporate earnings from major firms and upbeat economic data. Futures contracts tied to the three major indexes traded flat to slightly negative. In after-hours trading, Lucid Group tumbled nearly 13% as the EV maker has slashed its full-year production target by more than a third now and reported a quarterly loss of 33 cents per share. Fortinet also dropped 10% on disappointing quarterly results, dragging other cybersecurity firms such as Crowdstrike (-1.3%) and Palo Alto Networks (-1.9%). In regular trading on Wednesday, the Dow rose 1.3%, the S&P 500 gained 1.6% and the tech-heavy Nasdaq advanced 2.6%. Robust corporate earnings supported the recent market rally, while a surprise rebound in July services PMI helped ease concerns about a potential recession. Investors now look ahead to weekly jobless claims, further Fed commentary and more earnings reports.2022-08-03T23:57:00"
The Dow Jones Index rose 1.49%,Stock Market,"The Dow Jones Index rose 1.49%United States Stock MarketIn New York the Dow Jones Index rose 483 points or 1.49 percent on Wednesday. Leading the gains are Walt Disney (4.38%), Apple (3.80%) and Salesforce.com (3.19%).2022-08-03T20:30:05.937"
Stocks in United States Hit 8-week High,Stock Market,Stocks in United States Hit 8-week HighUnited States Stock MarketUS500 increased to a 8-week high of 41452022-08-03T15:42:52.777
US Crude Stocks Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 4.467 million barrels in the week ended July 29th, while markets were expecting a 0.629-million-barrel fall. Crude stocks at Cushing, Oklahoma, increased by 0.926 million barrels, up from a 0.751-million-barrel injection in the previous period. Gasoline stocks went up by 0.163 barrels, compared to expectations of a 1.614 million decrease. Distillate stockpiles, which include diesel and heating oil, fell by 2.4 million barrels, against forecasts for a 1.038 million increase.2022-08-03T14:34:43.387"
US Services PMI Revised Higher: S&P Global,Services PMI,"US Services PMI Revised Higher: S&P GlobalUnited States Services PMIThe S&P Global US Services PMI was revised higher to 47.3 in July of 2022 from a preliminary of 47, but down from 52.7 in June to signal the sharpest fall in output since May 2020. Although new orders returned to growth, the rate of expansion was historically subdued and much slower than those seen earlier in the year. Subsequently, service providers registered weaker expectations regarding the outlook for output, as confidence dropped to a 22-month low. Nevertheless, companies expanded workforce numbers at a solid pace, with sufficient capacity allowing firms to work through backlogs of work effectively. Inflationary pressures remained historically elevated during July, but eased further. Input costs and output charges increased at the slowest paces for five and 16 months, respectively.2022-08-03T13:53:56.01"
US Composite PMI Revised Higher,Composite PMI,"US Composite PMI Revised HigherUnited States Composite PMIThe S&P Global US Composite PMI was revised higher to 47.7 in July of 2022 from a preliminary of 47.5, down from 52.3 in June to signal the first contraction in private sector business activity since June 2020. Despite a decrease in manufacturing new order inflows, total sales rose during July, as service providers signalled a return to growth in client demand. New export orders weighed on overall new business again, as foreign client demand deteriorated. Although still rising markedly, the rate of cost inflation softened to the slowest for six months. Hikes in input prices were linked to higher fuel, transportation, wage and material costs which continued to be passed through to customers. Nonetheless, output charges increased at the slowest pace since March 2021. Private sector firms expanded their workforce numbers at the slowest pace since January. Pressure on capacity eased at service providers, while manufacturers only recorded a slight uptick in work-in-hand.2022-08-03T13:49:26.22"
US Mortgage Applications Rise for 1st Time in a Month,Mortgage Applications,"US Mortgage Applications Rise for 1st Time in a MonthUnited States Mortgage ApplicationsMortgage applications in the US increased 1.2% in the last week of July, the first rise in five weeks, as both the refinance index (1.5%) and the purchase one (1%) went up. Meanwhile, the average rate on a 30-year fixed-rate mortgage fell for a second straight time, down by 31bps to 5.43%. It is the biggest fall in mortgage costs since 2020. “Mortgage rates declined last week following another announcement of tighter monetary policy from the Federal Reserve, with the likelihood of more rate hikes to come. Treasury yields dropped as a result, as investors continue to expect a weaker macroeconomic environment in the coming months. Lower mortgage rates, combined with signs of more inventory coming to the market, could lead to a rebound in purchase activity”, said Joel Kan, MBA’s associate vice president of economic and industry forecasting.
2022-08-03T11:07:00"
US Logistics Industry Rises at Slowest Rate in Two Years,Lmi Logistics Managers Index Current,"US Logistics Industry Rises at Slowest Rate in Two YearsUnited States Lmi Logistics Managers Index CurrentThe Logistics Manager’s Index in the US declined for a fourth month to 60.7 in July of 2022, the lowest reading since May of 2020 mostly due to a decline in transportation prices. The index stayed below the all-time average of 65.3 for a second time but still pointed to a healthy rate of expansion in the logistics industry. Transportation Prices shifted from expansion to contraction (49.5) for the first time in two years as Transportation Capacity (69.1) increased to levels not seen since April of 2019. However, the increase in capacity was much more muted in the last week of July. Meanwhile, Warehousing Utilization (68.8) and Inventory Levels (68.8) remained strong.2022-08-03T10:42:00"
10-Year Treasury Yield Consolidates Above 2.7%,Government Bond 10Y,"10-Year Treasury Yield Consolidates Above 2.7%United States Government Bond 10YThe 10-year US Treasury note yield consolidated above 2.7%, bouncing off a four-month low of around 2.5% as investors reassessed the outlook of tightening monetary policy as the Federal Reserve seeks to rein in runaway prices even at the risk of a recession. Several Fed policymakers, including the Chicago Fed president Charles Evans, which tends to be very dovish, indicated a strong commitment to bringing down inflation, pointing to a 50 bps hike in September but opening the door for a 75 bps increase if necessary. On top of that, better-than-expected economic data, including a rebound in the ISM non-manufacturing purchasing managers index, eased concerns about an imminent recession and cemented the view that a pivot in policy is unlikely to come soon. 2022-08-03T07:30:00"
Dollar Eases After Fed-Induced Rally,Currency,"Dollar Eases After Fed-Induced RallyUnited States CurrencyThe dollar index eased to around 106 on Wednesday after rallying nearly 1% in the previous session as Federal Reserve officials signaled resolve in their aggressive tightening path to bring inflation to reasonable levels. San Francisco Fed President Mary Daly, who is considered normally dovish, said Tuesday that the central bank still has a lot of work to do before it gets inflation under control as people continue to struggle with higher prices. In a separate statement, Chicago Fed President Charles Evans also opened up the possibility of another large rate hike in September but signaled policy caution. Moreover,  St. Louis Fed President James Bullard expects the central bank to keep raising interest rates to combat inflation, and indicated confidence that the economy can achieve a soft landing.2022-08-03T05:04:00"
"US Futures Mixed as Fed, Earnings Weigh",Stock Market,"US Futures Mixed as Fed, Earnings WeighUnited States Stock MarketUS stock futures were mixed on Wednesday as investors digested the latest commentary from Federal Reserve policymakers and mixed earnings reports from major companies. Dow futures rose 0.1% and S&P 500 futures were flat, while Nasdaq 100 futures fell 0.2%. In after-hours trading, Paypal soared more than 11% on solid second quarter results and an upbeat forward guidance, while SoFi also gained 8.1% on an earnings and revenue beat. Meanwhile, AMD (-6.9%), Match Group (-22.1%), Airbnb (-8.2%) and Solaredge Technologies (-12.9%) all tumbled in extended trading on disappointing quarterly results and/or weak guidance. In regular trading on Tuesday, the Dow fell 1.23%, the S&P 500 lost 0.67% and the Nasdaq shed 0.16%. Those moves came amid heightened tensions between the US and China over Pelosi’s visit to Taiwan, as well as remarks by several Fed officials who hinted that further rate hikes would be necessary to combat high inflation.2022-08-03T00:36:00"
US Crude Oil Stock Unexpectedly Rebounds: API,API Crude Oil Stock Change,"US Crude Oil Stock Unexpectedly Rebounds: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 2.165 million barrels in the week ended July 29th 2022, compared with market forecasts of a 0.629 million barrel draw and rebounding from a decline of 4.037 million barrels in the previous week, which was the largest withdrawal since mid-April, data from the American Petroleum Institute showed.2022-08-02T20:34:00"
The Dow Jones Index dropped 1.02%,Stock Market,"The Dow Jones Index dropped 1.02%United States Stock MarketIn New York the Dow Jones Index fell 336 points or 1.02 percent on Tuesday. Leading the losses are Caterpillar (-5.77%), Boeing (-3.45%) and Intel (-2.57%).2022-08-02T20:30:04.21"
Expeditors International Of Washington earnings above expectations at 2.27 USD,Earnings,"Expeditors International Of Washington earnings above expectations at 2.27 USDUnited States EarningsExpeditors International Of Washington (EXPD) released earnings per share at 2.27 USD, compared to market expectations of 2.09 USD.2022-08-02T18:30:02.03"
Wall Street Set to Extend Losses,Stock Market,"Wall Street Set to Extend LossesUnited States Stock MarketUS stock futures tracking the broader market were down over 0.5% on Tuesday, putting Wall Street on track to extend its decline on mounting geopolitical tensions between the US and China over House Speaker Nancy Pelosi's visit to Taiwan. Beijing said such a visit would be a flagrant violation of the ""one China"" policy controlling the territory's status and an indication of American support for Taiwanese independence. On the corporate side, Uber rallied over 10% in premarket trading after beating Wall Street's estimate for revenue despite heavy second-quarter losses. Pinterest rallied soared 20% despite lackluster quarterly results, as activist investor Elliot Management revealed that it became the largest shareholder in the company and touted its significant potential for growth. In regular trading on Monday, the Dow shed 0.14%, the S&P 500 lost 0.28%, and the Nasdaq Composite fell 0.18%.2022-08-02T11:09:00"
PerkinElmer earnings above expectations at 2.32 USD,Earnings,"PerkinElmer earnings above expectations at 2.32 USDUnited States EarningsPerkinElmer (PKI) released earnings per share at 2.32 USD, compared to market expectations of 2.02 USD.2022-08-02T07:17:26.273"
Dollar Languishes on Less Hawkish Fed View,Currency,"Dollar Languishes on Less Hawkish Fed ViewUnited States CurrencyThe dollar index traded near 106 on Tuesday, hovering at its lowest levels in four weeks, as an increasing risk of US recession bolstered the case for a less aggressive monetary tightening from the Federal Reserve in the coming months. The latest US GDP and manufacturing activity data signaled a weakening economy, while the monthly jobs report due on Friday is expected to show that the improvement in the labor market is moderating. Last week, the US central bank raised its policy rate by 75 basis points in a widely expected move, with Fed Chair Jerome Powell saying that it will likely become appropriate to slow the pace of rate increases depending on the flow of data. 2022-08-02T05:34:00"
"US Futures Drift Lower, Pinterest Soars",Stock Market,"US Futures Drift Lower, Pinterest SoarsUnited States Stock MarketUS stock futures drifted lower on Tuesday after Wall Street kicked off the new month on a downbeat note, while Pinterest soared in after-hours trading. Futures contracts tied to the three major indexes drifted flat to negative. Pinterest rallied more than 21% in extended trading despite lackluster quarterly results, as activist investor Elliot Management revealed that it’s the largest shareholder in the image-sharing company and touted its significant potential for growth. In regular trading on Monday, meanwhile, the Dow shed 0.14%, the S&P 500 lost 0.28% and the Nasdaq Composite fell 0.18%. Seven out of the 11 S&P sectors declined, led by energy as oil prices dropped on a weakening demand outlook. Investors remained cautious about the market due to a number of macro headwinds despite a strong rally in July and upbeat corporate earnings. Markets now await the July nonfarm payrolls report on Friday and more earning reports on Tuesday from AMD, Caterpillar and Paypal, among others.2022-08-02T00:37:43.773"
Dollar Index Hits 4-week Low,currency,"Dollar Index Hits 4-week LowUnited States currencyDXY decreased to a 4-week low of 105.24, as the US economy unexpectedly shrank for a second straight quarter in the three months to June of 2022, stoking recession fears and building expectations that the Fed may need to slow down the pace of interest rate hikes. The GDP data was released last week, just a day after the US Federal Reserve raised its policy rate by 75bps in a widely expected move, with chair Powell sounding less hawkish on future rate hikes.
2022-08-02T00:32:00"
Diamondback Energy earnings above expectations at 7.07 USD,Earnings,"Diamondback Energy earnings above expectations at 7.07 USDUnited States EarningsDiamondback Energy (FANG) released earnings per share at 7.07 USD, compared to market expectations of 6.66 USD.2022-08-02T00:27:28.593"
Devon Energy earnings above expectations at 2.59 USD,Earnings,"Devon Energy earnings above expectations at 2.59 USDUnited States EarningsDevon Energy (DVN) released earnings per share at 2.59 USD, compared to market expectations of 2.38 USD.2022-08-02T00:27:17.717"
Williams Companies earnings above expectations at 0.40 USD,Earnings,"Williams Companies earnings above expectations at 0.40 USDUnited States EarningsWilliams Companies (WMB) released earnings per share at 0.40 USD, compared to market expectations of 0.37 USD.2022-08-02T00:27:09.44"
CF Industries earnings above expectations at 6.19 USD,Earnings,"CF Industries earnings above expectations at 6.19 USDUnited States EarningsCF Industries (CF) released earnings per share at 6.19 USD, compared to market expectations of 6.06 USD.2022-08-02T00:26:55.56"
Arista Networks earnings above expectations at 1.08 USD,Earnings,"Arista Networks earnings above expectations at 1.08 USDUnited States EarningsArista Networks (ANET) released earnings per share at 1.08 USD, compared to market expectations of 0.92 USD.2022-08-02T00:26:51.597"
Mosaic earnings below expectations at 3.64 USD,Earnings,"Mosaic earnings below expectations at 3.64 USDUnited States EarningsMosaic (MOS) released earnings per share at 3.64 USD, compared to market expectations of 3.99 USD.2022-08-02T00:02:52.367"
Monolithic Power Systems earnings above expectations at 3.25 USD,Earnings,"Monolithic Power Systems earnings above expectations at 3.25 USDUnited States EarningsMonolithic Power Systems (MPWR) released earnings per share at 3.25 USD, compared to market expectations of 2.94 USD.2022-08-01T23:57:58.907"
SBA Communications earnings below expectations at 0.64 USD,Earnings,"SBA Communications earnings below expectations at 0.64 USDUnited States EarningsSBA Communications (SBAC) released earnings per share at 0.64 USD, compared to market expectations of 0.90 USD.2022-08-01T23:57:02.9"
Aflac earnings above expectations at 1.46 USD,Earnings,"Aflac earnings above expectations at 1.46 USDUnited States EarningsAflac (AFL) released earnings per share at 1.46 USD, compared to market expectations of 1.28 USD.2022-08-01T23:56:40.597"
Simon Property Group earnings below expectations at 1.51 USD,Earnings,"Simon Property Group earnings below expectations at 1.51 USDUnited States EarningsSimon Property Group (SPG) released earnings per share at 1.51 USD, compared to market expectations of 1.52 USD.2022-08-01T23:56:18.37"
Activision Blizzard earnings meet market expectations at 0.48 USD,Earnings,"Activision Blizzard earnings meet market expectations at 0.48 USDUnited States EarningsActivision Blizzard (ATVI) released earnings per share at 0.48 USD, in line with market expectations.2022-08-01T23:55:56.907"
CNA Financial earnings below expectations at 0.90 USD,Earnings,"CNA Financial earnings below expectations at 0.90 USDUnited States EarningsCNA Financial (CNA) released earnings per share at 0.90 USD, compared to market expectations of 0.99 USD.2022-08-01T23:20:43.547"
Builders Firstsource earnings above expectations at 6.26 USD,Earnings,"Builders Firstsource earnings above expectations at 6.26 USDUnited States EarningsBuilders Firstsource (BLDR) released earnings per share at 6.26 USD, compared to market expectations of 3.06 USD.2022-08-01T23:06:32.493"
Loews earnings meet market expectations at 0.73 USD,Earnings,Loews earnings meet market expectations at 0.73 USDUnited States EarningsLoews (L) released earnings per share at 0.73 USD.2022-08-01T23:06:22.12
Jacobs Engineering Group Inc earnings above expectations at 1.86 USD,Earnings,"Jacobs Engineering Group Inc earnings above expectations at 1.86 USDUnited States EarningsJacobs Engineering Group Inc (J) released earnings per share at 1.86 USD, compared to market expectations of 1.81 USD.2022-08-01T23:05:59.693"
Global Payments earnings above expectations at 2.36 USD,Earnings,"Global Payments earnings above expectations at 2.36 USDUnited States EarningsGlobal Payments (GPN) released earnings per share at 2.36 USD, compared to market expectations of 2.34 USD.2022-08-01T23:05:29.72"
US Manufacturing PMI Revised Slightly Lower: S&P Global,Manufacturing PMI,"US Manufacturing PMI Revised Slightly Lower: S&P GlobalUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was revised slightly lower to 52.2 in July of 2022 from a preliminary of 52.3, pointing to the lowest factory growth since July of 2020. Output dropped for the first time since June of 2020, amid weaker demand conditions and challenges finding suitable candidates for vacancies and raw material shortages. Also, new orders fell at the fastest pace for over two years as further supply chain disruption and hikes in prices weighed on customer spending. The decrease in new order inflows was accompanied by a weakening of payroll growth to the lowest for six months, albeit with some firms continuing to hire additional staff to fill long-held vacancies. Meanwhile, cost inflation softened to the slowest since March of 2021 as some components reportedly fell and output inflation also eased. Finally, firms’ expectations regarding the outlook for output over the coming 12 months remained at their lowest since October 2020.2022-08-01T13:55:31.403"
Dollar Weakens on Less Hawkish Fed Outlook,Currency,"Dollar Weakens on Less Hawkish Fed OutlookUnited States CurrencyThe dollar index held below 106 on Monday, hovering near its lowest levels in almost a month, as an increasing risk of a US recession bolstered the case for a less aggressive monetary tightening from the Federal Reserve moving forward. The Q2 GDP data was released a day after the US central bank raised its policy rate by 75 basis points in a widely expected move, with Fed Chair Jerome Powell saying that it will likely become appropriate to slow the pace of rate increases depending on the flow of data. Meanwhile, the dollar rose on Friday as the annual PCE price index hit the highest level since January 1982, but reversed those gains into the close after a key survey indicated declining consumer inflation expectations. Investors now look ahead to the monthly jobs report due on Friday for fresh clues on the likely direction of US monetary policy.2022-08-01T05:41:16.42"
"US Futures Slip Ahead of Key Data, More Earnings",Stock Market,"US Futures Slip Ahead of Key Data, More EarningsUnited States Stock MarketUS stock futures slipped on Monday after the major averages capped off their best month since 2020, as investors look ahead to key economic data and more earnings reports this week. Futures contracts tied to the three major indexes all traded in negative territory. In July, the Dow gained 6.7%, the S&P 500 rallied 9.1% and the tech-heavy Nasdaq surged 12.4%, with the 11 S&P sectors all finishing the month higher. US stocks rallied in relief last month initially as pessimism reached extreme levels, and later on as upbeat earnings reports from major companies and a less hawkish Federal Reserve sustained the move higher. Data last week showed that the US economy shrank for the second straight quarter, while the Fed-preferred inflation measure hit the highest level since January 1982. Investors now await the July nonfarm payrolls report to gain insight on the strength of the labor market and earning reports from AMD, Paypal and Stabucks, among others.2022-08-01T00:18:00"
Week Ahead,GDP,"Week AheadUnited States GDPIn the US, it will be a  busy week with a focus on the July labour report, speeches by several Fed officials,  ISM Manufacturing and Non-Manufacturing PMIs, and earnings reports. Elsewhere, investors will be paying attention to the monetary policy decisions in the UK, Australia, Brazil, and India. 2022-07-31T12:11:18.617"
W. P. Carey earnings above expectations at 1.31 USD,Earnings,"W. P. Carey earnings above expectations at 1.31 USDUnited States EarningsW. P. Carey (WPC) released earnings per share at 1.31 USD, compared to market expectations of 1.29 USD.2022-07-29T14:24:52.873"
Chicago Business Barometer Drops to Nearly Two-Year Low,Chicago PMI,"Chicago Business Barometer Drops to Nearly Two-Year LowUnited States Chicago PMIThe Chicago PMI in the United States decreased to 51.1 points in July of 2022 from 56.0 points in June and missing market forecasts of 55. It was the lowest reading since August of 2020, suggesting a slowdown in economic activity. 2022-07-29T13:49:01.063"
Grainger earnings above expectations at 7.19 USD,Earnings,"Grainger earnings above expectations at 7.19 USDUnited States EarningsGrainger (GWW) released earnings per share at 7.19 USD, compared to market expectations of 6.64 USD.2022-07-29T13:17:02.087"
US 10-Year Bond Yield Edges Higher,Government Bond 10Y,"US 10-Year Bond Yield Edges HigherUnited States Government Bond 10YThe yield on the US Treasury 10-year remained above the 2.7% level after consumer spending and personal income in the United States surpassed analysts’ expectations for June. At the same time, the PCE price index topped forecasts to reach its highest in over 40 years. The rise in the Fed’s preferred inflation gauge added to concerns that the US economy may continue to contract as the central bank moves to restrictive monetary policy to fight soaring inflation. Still, treasury yields remained close to the three-month lows touched the end of July, as the worsening macroeconomic backdrop strengthened the appeal of safe assets. Investors continued to assess the extent to which the Fed may tighten policy by the end of the the year, after the US GDP unexpectedly contracted for the second consecutive period during the second quarter. 2022-07-29T13:11:00"
"Dollar Below 20-Year Highs, Investors Digest FOMC and Data",Currency,"Dollar Below 20-Year Highs, Investors Digest FOMC and DataUnited States CurrencyThe dollar index ended the July month near 106.5, below 20-year highs of 109.3 touched early in the month, and holding close to two-month lows, as investors try to assess the economic outlook and what the next Fed move will be. The Fed raised rates by 75bps as expected during its July meeting, and Chair Powell hinted that smaller increases in the fed funds rate could follow, depending on the data. The advance GDP figure for Q2 showed the US economy contracted by 0.9%, following a 1.6% drop in the previous quarter. At the same time, fresh PCE inflation and employment costs came above forecasts, in a sign inflation has not peaked yet. Most investors currently expect the Fed will deliver a smaller 50bps rate hike in September, with interest rates peaking by December and a cut seen in 2023.2022-07-29T13:00:00"
US Q2 Labor Costs Rise More than Expected,Employment Cost Index,"US Q2 Labor Costs Rise More than ExpectedUnited States Employment Cost IndexCompensation costs for civilian workers in the US rose 1.3 percent quarter-over-quarter in the three months ending June of 2022, slightly slower than a record growth of 1.4 percent increase in the previous period and marginally faster than market expectations of 1.2 percent, as the labor market remained significantly tighter. Wages and salaries increased 1.4 percent (vs 1.2 percent in Q1) and benefits went up 1.2 percent (vs 1.8 percent). Compared with a year earlier, labor costs fell 2.4 percent in the second quarter, following a 3.7 percent contraction in the quarter ending March.
2022-07-29T12:35:00"
US Personal Income Tops Forecasts,Personal Income,"US Personal Income Tops ForecastsUnited States Personal IncomePersonal income in the United States increased 0.5 percent from a month earlier in June of 2022, the same as in the previous month and above market expectations of 0.5 percent. It was the fifth consecutive rise reflecting increases in compensation, led by private wages and salaries; and proprietors' income, mainly nonfarm. Other current transfer receipts increased $12.9 billion in June, reflecting a legal settlement from corporate business to persons. The national income and product accounts record these settlements on an accrual basis in the month when the settlement is reached, regardless of when they are recorded on companies’ financial statements. 2022-07-29T12:33:00"
CBOE earnings meet market expectations at 1.67 USD,Earnings,"CBOE earnings meet market expectations at 1.67 USDUnited States EarningsCBOE (CBOE) released earnings per share at 1.67 USD, in line with market expectations.2022-07-29T12:30:42.55"
AbbVie earnings above expectations at 3.37 USD,Earnings,"AbbVie earnings above expectations at 3.37 USDUnited States EarningsAbbVie (ABBV) released earnings per share at 3.37 USD, compared to market expectations of 3.34 USD.2022-07-29T12:29:10.91"
Booz Allen Hamilton earnings above expectations at 1.13 USD,Earnings,"Booz Allen Hamilton earnings above expectations at 1.13 USDUnited States EarningsBooz Allen Hamilton (BAH) released earnings per share at 1.13 USD, compared to market expectations of 1.06 USD.2022-07-29T12:27:00.767"
Church Dwight earnings above expectations at 0.76 USD,Earnings,"Church Dwight earnings above expectations at 0.76 USDUnited States EarningsChurch Dwight (CHD) released earnings per share at 0.76 USD, compared to market expectations of 0.72 USD.2022-07-29T12:26:57.213"
Phillips 66 earnings above expectations at 6.77 USD,Earnings,"Phillips 66 earnings above expectations at 6.77 USDUnited States EarningsPhillips 66 (PSX) released earnings per share at 6.77 USD, compared to market expectations of 5.75 USD.2022-07-29T12:26:50.097"
Colgate-Palmolive earnings above expectations at 0.72 USD,Earnings,"Colgate-Palmolive earnings above expectations at 0.72 USDUnited States EarningsColgate-Palmolive (CL) released earnings per share at 0.72 USD, compared to market expectations of 0.71 USD.2022-07-29T12:26:46.53"
Charter Communications earnings above expectations at 8.80 USD,Earnings,"Charter Communications earnings above expectations at 8.80 USDUnited States EarningsCharter Communications (CHTR) released earnings per share at 8.80 USD, compared to market expectations of 7.13 USD.2022-07-29T12:26:42.96"
Chevron earnings above expectations at 5.82 USD,Earnings,"Chevron earnings above expectations at 5.82 USDUnited States EarningsChevron (CVX) released earnings per share at 5.82 USD, compared to market expectations of 5.09 USD.2022-07-29T12:26:35.907"
P&G earnings below expectations at 1.21 USD,Earnings,"P&G earnings below expectations at 1.21 USDUnited States EarningsP&G (PG) released earnings per share at 1.21 USD, compared to market expectations of 1.23 USD.2022-07-29T12:26:32.353"
Exxon Mobil earnings above expectations at 4.14 USD,Earnings,"Exxon Mobil earnings above expectations at 4.14 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 4.14 USD, compared to market expectations of 3.84 USD.2022-07-29T12:26:28.817"
Weyerhaeuser earnings above expectations at 1.06 USD,Earnings,"Weyerhaeuser earnings above expectations at 1.06 USDUnited States EarningsWeyerhaeuser (WY) released earnings per share at 1.06 USD, compared to market expectations of 0.99 USD.2022-07-29T10:42:19.907"
Dollar Falls as Traders Reassess Fed Outlook,Currency,"Dollar Falls as Traders Reassess Fed OutlookUnited States CurrencyThe dollar index fell below 106 on Friday to its lowest in over three weeks, as the US economy contracted for a second straight quarter, fueling recession fears and raising expectations that the Federal Reserve may need to slow down the pace of interest rate hikes. US GDP shrank 0.9% YoY in the second quarter of 2022 following a 1.6% contraction in the first quarter. The data was released a day after the US central bank raised its policy rate by 75 basis points in a widely expected move, with Fed Chair Jerome Powell saying that it will likely become appropriate to slow the pace of rate increases depending on the flow of data. The dollar retreated further from a 20-year high of 109.3 reached in mid-July and is on track to decline for the second straight week.2022-07-29T05:27:02.843"
Camden Property earnings above expectations at 1.64 USD,Earnings,"Camden Property earnings above expectations at 1.64 USDUnited States EarningsCamden Property (CPT) released earnings per share at 1.64 USD, compared to market expectations of 1.62 USD.2022-07-29T02:20:37.543"
Mettler Toledo International earnings above expectations at 9.39 USD,Earnings,"Mettler Toledo International earnings above expectations at 9.39 USDUnited States EarningsMettler Toledo International (MTD) released earnings per share at 9.39 USD, compared to market expectations of 8.73 USD.2022-07-29T02:20:29.113"
Eversource Energy earnings above expectations at 0.86 USD,Earnings,"Eversource Energy earnings above expectations at 0.86 USDUnited States EarningsEversource Energy (ES) released earnings per share at 0.86 USD, compared to market expectations of 0.84 USD.2022-07-29T02:19:26.083"
Gaming And Leisure Properties earnings above expectations at 0.91 USD,Earnings,"Gaming And Leisure Properties earnings above expectations at 0.91 USDUnited States EarningsGaming And Leisure Properties (GLPI) released earnings per share at 0.91 USD, compared to market expectations of 0.90 USD.2022-07-29T02:18:58.233"
Eastman Chemical earnings above expectations at 2.83 USD,Earnings,"Eastman Chemical earnings above expectations at 2.83 USDUnited States EarningsEastman Chemical (EMN) released earnings per share at 2.83 USD, compared to market expectations of 2.68 USD.2022-07-28T21:25:00.813"
Celanese earnings above expectations at 4.99 USD,Earnings,"Celanese earnings above expectations at 4.99 USDUnited States EarningsCelanese (CE) released earnings per share at 4.99 USD, compared to market expectations of 4.56 USD.2022-07-28T21:24:56.237"
Continental Resources earnings above expectations at 3.47 USD,Earnings,"Continental Resources earnings above expectations at 3.47 USDUnited States EarningsContinental Resources (CLR) released earnings per share at 3.47 USD, compared to market expectations of 3.21 USD.2022-07-28T21:24:51.247"
Digital Realty earnings below expectations at 0.19 USD,Earnings,"Digital Realty earnings below expectations at 0.19 USDUnited States EarningsDigital Realty (DLR) released earnings per share at 0.19 USD, compared to market expectations of 0.28 USD.2022-07-28T21:24:47.313"
Apple earnings above expectations at 1.20 USD,Earnings,"Apple earnings above expectations at 1.20 USDUnited States EarningsApple (AAPL) released earnings per share at 1.20 USD, compared to market expectations of 1.16 USD.2022-07-28T21:24:43.873"
Bio-Rad Laboratories earnings above expectations at 3.38 USD,Earnings,"Bio-Rad Laboratories earnings above expectations at 3.38 USDUnited States EarningsBio-Rad Laboratories (BIO) released earnings per share at 3.38 USD, compared to market expectations of 2.80 USD.2022-07-28T20:26:48.677"
Verisign earnings meet market expectations at 1.54 USD,Earnings,"Verisign earnings meet market expectations at 1.54 USDUnited States EarningsVerisign (VRSN) released earnings per share at 1.54 USD, in line with market expectations.2022-07-28T20:26:19.477"
Hartford Financial Services earnings above expectations at 2.15 USD,Earnings,"Hartford Financial Services earnings above expectations at 2.15 USDUnited States EarningsHartford Financial Services (HIG) released earnings per share at 2.15 USD, compared to market expectations of 1.53 USD.2022-07-28T20:26:15.897"
Edison International earnings above expectations at 0.94 USD,Earnings,"Edison International earnings above expectations at 0.94 USDUnited States EarningsEdison International (EIX) released earnings per share at 0.94 USD, compared to market expectations of 0.93 USD.2022-07-28T20:25:59.127"
Arthur J. Gallagher earnings above expectations at 1.70 USD,Earnings,"Arthur J. Gallagher earnings above expectations at 1.70 USDUnited States EarningsArthur J. Gallagher (AJG) released earnings per share at 1.70 USD, compared to market expectations of 1.68 USD.2022-07-28T20:25:26.737"
KLA-Tencor earnings above expectations at 5.81 USD,Earnings,"KLA-Tencor earnings above expectations at 5.81 USDUnited States EarningsKLA-Tencor (KLAC) released earnings per share at 5.81 USD, compared to market expectations of 5.50 USD.2022-07-28T20:25:07.01"
Edwards Lifesciences earnings below expectations at 0.63 USD,Earnings,"Edwards Lifesciences earnings below expectations at 0.63 USDUnited States EarningsEdwards Lifesciences (EW) released earnings per share at 0.63 USD, compared to market expectations of 0.64 USD.2022-07-28T20:25:03.013"
Amazon earnings below expectations at -0.20 USD,Earnings,"Amazon earnings below expectations at -0.20 USDUnited States EarningsAmazon (AMZN) released earnings per share at -0.20 USD, compared to market expectations of 0.13 USD.2022-07-28T20:24:04.257"
L3Harris Technologies Inc earnings above expectations at 3.23 USD,Earnings,"L3Harris Technologies Inc earnings above expectations at 3.23 USDUnited States EarningsL3Harris Technologies Inc (LHX) released earnings per share at 3.23 USD, compared to market expectations of 3.16 USD.2022-07-28T20:17:43.993"
Seattle Genetics earnings above expectations at -0.73 USD,Earnings,"Seattle Genetics earnings above expectations at -0.73 USDUnited States EarningsSeattle Genetics (SGEN) released earnings per share at -0.73 USD, compared to market expectations of -0.82 USD.2022-07-28T20:17:36.717"
VF earnings below expectations at 0.09 USD,Earnings,"VF earnings below expectations at 0.09 USDUnited States EarningsVF (VFC) released earnings per share at 0.09 USD, compared to market expectations of 0.13 USD.2022-07-28T20:17:22.067"
Dexcom earnings meet market expectations at 0.17 USD,Earnings,"Dexcom earnings meet market expectations at 0.17 USDUnited States EarningsDexcom (DXCM) released earnings per share at 0.17 USD, in line with market expectations.2022-07-28T20:17:18.487"
Intel earnings below expectations at 0.29 USD,Earnings,"Intel earnings below expectations at 0.29 USDUnited States EarningsIntel (INTC) released earnings per share at 0.29 USD, compared to market expectations of 0.69 USD.2022-07-28T20:17:15.4"
Tenth District Manufacturing Activity Gains Momentum in July,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Gains Momentum in JulyUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production Index rebounded to 7 in July of 2022 from -1 in the prior month. Indexes for production, shipments, new orders, and order backlog grew from June’s readings, while inventory and supplier delivery time indexes declined slightly.2022-07-28T15:24:23.033"
Franklin Resources earnings above expectations at 0.82 USD,Earnings,"Franklin Resources earnings above expectations at 0.82 USDUnited States EarningsFranklin Resources (BEN) released earnings per share at 0.82 USD, compared to market expectations of 0.76 USD.2022-07-28T13:17:25.76"
Alnylam Pharmaceuticals earnings below expectations at -2.03 USD,Earnings,"Alnylam Pharmaceuticals earnings below expectations at -2.03 USDUnited States EarningsAlnylam Pharmaceuticals (ALNY) released earnings per share at -2.03 USD, compared to market expectations of -1.61 USD.2022-07-28T13:17:17.467"
Dollar Holds Close to 2-Month High,Currency,"Dollar Holds Close to 2-Month HighUnited States CurrencyThe dollar index was little changed around 106.5 on Thursday, holding close to two-month lows, as investors digest the recent FOMC decision and fresh economic data and scale back expectations for additional jumbo hikes. The Fed raised rates by 75bps as expected during its July meeting, and Chair Powell hinted that smaller increases in the fed funds rate could follow, depending on the data. The Fed also noted that although the labor market remains strong, other economic indicators have softened. Meanwhile, the advance GDP figures for Q2 showed the economy contracted by 0.9%, following a 1.6% drop in the previous quarter.2022-07-28T13:03:00"
"US 10Y Bond Yield Falls Slightly after Fed, GDP",Government Bond 10Y,"US 10Y Bond Yield Falls Slightly after Fed, GDP United States Government Bond 10YThe yield on the US 10-year Treasury note edged lower to near 2.7%, a level not seen in two months, after the Fed hiked the funds rate by 75bps as broadly expected and hinted that a slowdown in the rate hike path could come. At the same time, the advance GDP estimate showed the US economy shrank for a second consecutive quarter in Q2. Still, Fed Powell said he did not believe the US was in a recession and pointed to strength in the economy, namely the labour market. The NFP report next week will provide an update on how the jobs market is evolving2022-07-28T12:58:00"
Magellan Midstream Partners earnings above expectations at 1.94 USD,Earnings,"Magellan Midstream Partners earnings above expectations at 1.94 USDUnited States EarningsMagellan Midstream Partners (MMP) released earnings per share at 1.94 USD, compared to market expectations of 1.05 USD.2022-07-28T12:32:26.733"
First Citizens Bancshares earnings below expectations at 16.86 USD,Earnings,"First Citizens Bancshares earnings below expectations at 16.86 USDUnited States EarningsFirst Citizens Bancshares (FCNCA) released earnings per share at 16.86 USD, compared to market expectations of 17.02 USD.2022-07-28T12:32:23.243"
CMS Energy Corporation earnings above expectations at 0.53 USD,Earnings,"CMS Energy Corporation earnings above expectations at 0.53 USDUnited States EarningsCMS Energy Corporation (CMS) released earnings per share at 0.53 USD, compared to market expectations of 0.45 USD.2022-07-28T12:32:19.74"
Fortive Corp earnings above expectations at 0.78 USD,Earnings,"Fortive Corp earnings above expectations at 0.78 USDUnited States EarningsFortive Corp (FTV) released earnings per share at 0.78 USD, compared to market expectations of 0.72 USD.2022-07-28T12:32:16.22"
PG&E earnings below expectations at 0.25 USD,Earnings,"PG&E earnings below expectations at 0.25 USDUnited States EarningsPG&E (PCG) released earnings per share at 0.25 USD, compared to market expectations of 0.28 USD.2022-07-28T12:32:12.697"
T. Rowe Price earnings below expectations at 1.79 USD,Earnings,"T. Rowe Price earnings below expectations at 1.79 USDUnited States EarningsT. Rowe Price (TROW) released earnings per share at 1.79 USD, compared to market expectations of 2.17 USD.2022-07-28T12:32:09.127"
Baxter International earnings meet market expectations at 0.87 USD,Earnings,"Baxter International earnings meet market expectations at 0.87 USDUnited States EarningsBaxter International (BAX) released earnings per share at 0.87 USD, in line with market expectations.2022-07-28T12:32:05.527"
Mastercard earnings above expectations at 2.56 USD,Earnings,"Mastercard earnings above expectations at 2.56 USDUnited States EarningsMastercard (MA) released earnings per share at 2.56 USD, compared to market expectations of 2.35 USD.2022-07-28T12:31:58.19"
Reliance Steel & Aluminum earnings above expectations at 9.15 USD,Earnings,"Reliance Steel & Aluminum earnings above expectations at 9.15 USDUnited States EarningsReliance Steel & Aluminum (RS) released earnings per share at 9.15 USD, compared to market expectations of 8.82 USD.2022-07-28T12:30:11.217"
Teleflex earnings above expectations at 3.39 USD,Earnings,"Teleflex earnings above expectations at 3.39 USDUnited States EarningsTeleflex (TFX) released earnings per share at 3.39 USD, compared to market expectations of 3.34 USD.2022-07-28T12:30:07.357"
Masco earnings below expectations at 1.14 USD,Earnings,"Masco earnings below expectations at 1.14 USDUnited States EarningsMasco (MAS) released earnings per share at 1.14 USD, compared to market expectations of 1.19 USD.2022-07-28T12:30:03.63"
Carlyle earnings above expectations at 1.17 USD,Earnings,"Carlyle earnings above expectations at 1.17 USDUnited States EarningsCarlyle (CG) released earnings per share at 1.17 USD, compared to market expectations of 1.07 USD.2022-07-28T12:29:59.06"
Kimco Realty earnings below expectations at -0.21 USD,Earnings,"Kimco Realty earnings below expectations at -0.21 USDUnited States EarningsKimco Realty (KIM) released earnings per share at -0.21 USD, compared to market expectations of 0.15 USD.2022-07-28T12:29:55.557"
Textron earnings below expectations at 0.81 USD,Earnings,"Textron earnings below expectations at 0.81 USDUnited States EarningsTextron (TXT) released earnings per share at 0.81 USD, compared to market expectations of 0.88 USD.2022-07-28T12:29:51.997"
International Paper earnings above expectations at 1.24 USD,Earnings,"International Paper earnings above expectations at 1.24 USDUnited States EarningsInternational Paper (IP) released earnings per share at 1.24 USD, compared to market expectations of 1.08 USD.2022-07-28T12:29:48.477"
Martin Marietta Materials earnings above expectations at 5.65 USD,Earnings,"Martin Marietta Materials earnings above expectations at 5.65 USDUnited States EarningsMartin Marietta Materials (MLM) released earnings per share at 5.65 USD, compared to market expectations of 3.79 USD.2022-07-28T12:29:43.363"
Laboratory Of America earnings above expectations at 4.96 USD,Earnings,"Laboratory Of America earnings above expectations at 4.96 USDUnited States EarningsLaboratory Of America (LH) released earnings per share at 4.96 USD, compared to market expectations of 4.70 USD.2022-07-28T12:29:38.797"
Southwest Airlines earnings above expectations at 1.30 USD,Earnings,"Southwest Airlines earnings above expectations at 1.30 USDUnited States EarningsSouthwest Airlines (LUV) released earnings per share at 1.30 USD, compared to market expectations of 1.13 USD.2022-07-28T12:29:35.34"
DTE Energy earnings below expectations at 0.88 USD,Earnings,"DTE Energy earnings below expectations at 0.88 USDUnited States EarningsDTE Energy (DTE) released earnings per share at 0.88 USD, compared to market expectations of 1.02 USD.2022-07-28T12:29:31.827"
Sirius XM earnings below expectations at 0.07 USD,Earnings,"Sirius XM earnings below expectations at 0.07 USDUnited States EarningsSirius XM (SIRI) released earnings per share at 0.07 USD, compared to market expectations of 0.08 USD.2022-07-28T12:29:28.12"
Carrier Global Corp earnings above expectations at 0.69 USD,Earnings,"Carrier Global Corp earnings above expectations at 0.69 USDUnited States EarningsCarrier Global Corp (CARR) released earnings per share at 0.69 USD, compared to market expectations of 0.62 USD.2022-07-28T12:29:24.38"
Hershey earnings above expectations at 1.80 USD,Earnings,"Hershey earnings above expectations at 1.80 USDUnited States EarningsHershey (HSY) released earnings per share at 1.80 USD, compared to market expectations of 1.68 USD.2022-07-28T12:29:20.797"
Valero Energy earnings above expectations at 11.36 USD,Earnings,"Valero Energy earnings above expectations at 11.36 USDUnited States EarningsValero Energy (VLO) released earnings per share at 11.36 USD, compared to market expectations of 9.14 USD.2022-07-28T12:29:17.25"
Keurig Dr Pepper earnings meet market expectations at 0.39 USD,Earnings,"Keurig Dr Pepper earnings meet market expectations at 0.39 USDUnited States EarningsKeurig Dr Pepper (KDP) released earnings per share at 0.39 USD, in line with market expectations.2022-07-28T12:29:13.717"
Northrop Grumman earnings below expectations at 6.06 USD,Earnings,"Northrop Grumman earnings below expectations at 6.06 USDUnited States EarningsNorthrop Grumman (NOC) released earnings per share at 6.06 USD, compared to market expectations of 6.10 USD.2022-07-28T12:29:10.243"
Southern Co. earnings above expectations at 1.07 USD,Earnings,"Southern Co. earnings above expectations at 1.07 USDUnited States EarningsSouthern Co. (SO) released earnings per share at 1.07 USD, compared to market expectations of 0.84 USD.2022-07-28T12:29:06.693"
Altria earnings above expectations at 1.26 USD,Earnings,"Altria earnings above expectations at 1.26 USDUnited States EarningsAltria (MO) released earnings per share at 1.26 USD, compared to market expectations of 1.25 USD.2022-07-28T12:29:03.123"
American Tower earnings above expectations at 1.95 USD,Earnings,"American Tower earnings above expectations at 1.95 USDUnited States EarningsAmerican Tower (AMT) released earnings per share at 1.95 USD, compared to market expectations of 0.96 USD.2022-07-28T12:28:59.43"
Honeywell International earnings above expectations at 2.10 USD,Earnings,"Honeywell International earnings above expectations at 2.10 USDUnited States EarningsHoneywell International (HON) released earnings per share at 2.10 USD, compared to market expectations of 2.03 USD.2022-07-28T12:28:53.847"
Comcast earnings above expectations at 1.01 USD,Earnings,"Comcast earnings above expectations at 1.01 USDUnited States EarningsComcast (CMCSA) released earnings per share at 1.01 USD, compared to market expectations of 0.92 USD.2022-07-28T12:28:46.62"
Merck & Co earnings above expectations at 1.87 USD,Earnings,"Merck & Co earnings above expectations at 1.87 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 1.87 USD, compared to market expectations of 1.68 USD.2022-07-28T12:28:42.987"
Pfizer earnings above expectations at 2.04 USD,Earnings,"Pfizer earnings above expectations at 2.04 USDUnited States EarningsPfizer (PFE) released earnings per share at 2.04 USD, compared to market expectations of 1.71 USD.2022-07-28T12:28:39.457"
LKQ earnings above expectations at 1.09 USD,Earnings,"LKQ earnings above expectations at 1.09 USDUnited States EarningsLKQ (LKQ) released earnings per share at 1.09 USD, compared to market expectations of 1.02 USD.2022-07-28T12:28:00.643"
Stanley Black & Decker earnings below expectations at 1.77 USD,Earnings,"Stanley Black & Decker earnings below expectations at 1.77 USDUnited States EarningsStanley Black & Decker (SWK) released earnings per share at 1.77 USD, compared to market expectations of 2.13 USD.2022-07-28T12:27:55.9"
West Pharmaceutical Services earnings above expectations at 2.47 USD,Earnings,"West Pharmaceutical Services earnings above expectations at 2.47 USDUnited States EarningsWest Pharmaceutical Services (WST) released earnings per share at 2.47 USD, compared to market expectations of 2.21 USD.2022-07-28T12:27:31.507"
Xcel Energy earnings meet market expectations at 0.60 USD,Earnings,"Xcel Energy earnings meet market expectations at 0.60 USDUnited States EarningsXcel Energy (XEL) released earnings per share at 0.60 USD, in line with market expectations.2022-07-28T12:26:56.32"
Thermo Fisher Scientific earnings above expectations at 5.51 USD,Earnings,"Thermo Fisher Scientific earnings above expectations at 5.51 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 5.51 USD, compared to market expectations of 4.99 USD.2022-07-28T12:26:28.52"
Morningstar earnings meet market expectations at 1.17 USD,Earnings,Morningstar earnings meet market expectations at 1.17 USDUnited States EarningsMorningstar (MORN) released earnings per share at 1.17 USD.2022-07-28T07:55:13.577
Dollar Weakens as Fed Tempers Hawkish View,Currency,"Dollar Weakens as Fed Tempers Hawkish ViewUnited States CurrencyThe dollar index weakened below 106.5 on Thursday, inching closer to its lowest levels in almost a month, as Federal Reserve Chair Jerome Powell delivered a less hawkish outlook on rates than markets anticipated. The US central bank raised its policy rate by 75 basis points in a widely expected move on Wednesday, while Powell said that it will likely “become appropriate to slow the pace of increases while we assess how our cumulative policy adjustments are affecting the economy and inflation.” The Fed also noted that although the labor market remains strong, other economic indicators have softened.  Investors now turn their attention to US GDP data due later today to gain more insight into the state of the world’s largest economy.2022-07-28T04:15:19.977"
Duke Realty earnings above expectations at 0.48 USD,Earnings,"Duke Realty earnings above expectations at 0.48 USDUnited States EarningsDuke Realty (DRE) released earnings per share at 0.48 USD, compared to market expectations of 0.47 USD.2022-07-28T02:18:01.903"
PTC earnings below expectations at 0.97 USD,Earnings,"PTC earnings below expectations at 0.97 USDUnited States EarningsPTC (PTC) released earnings per share at 0.97 USD, compared to market expectations of 1.07 USD.2022-07-28T02:17:26.957"
EQT earnings above expectations at 0.83 USD,Earnings,"EQT earnings above expectations at 0.83 USDUnited States EarningsEQT (EQT) released earnings per share at 0.83 USD, compared to market expectations of 0.81 USD.2022-07-28T02:16:29.423"
US Futures Ease After Post-Fed Relief Rally,Stock Market,"US Futures Ease After Post-Fed Relief RallyUnited States Stock MarketUS stock futures eased on Thursday after the major averages staged a relief rally as the Federal Reserve delivered a widely expected 75 basis point rate hike and Fed Chair Jerome Powell said it will likely become appropriate to slow the pace of increases depending on the inflationary and economic picture. Dow and S&P 500 futures each shed about 0.1%, while Nasdaq 100 futures lost 0.3%. In after-hours trading, Meta Platforms dropped 4.6% on disappointing quarterly results and forward guidance amid a weakening ad environment. Teladoc also sank 24.3%, while Ford Motor and Etsy rallied 6.4% and 9%, respectively. In regular trading on Wednesday, the Dow gained 1.37%, the S&P 500 rallied 2.62% and the tech-heavy Nasdaq surged 4.06%. All S&P sectors finished higher, led by communication services, technology and consumer discretionary stocks. Investors now await Q2 GDP due later today for clues on the state of the US economy, as well as more earning reports from major tech firms.2022-07-28T00:14:00"
Annaly Capital Management earnings above expectations at 0.30 USD,Earnings,"Annaly Capital Management earnings above expectations at 0.30 USDUnited States EarningsAnnaly Capital Management (NLY) released earnings per share at 0.30 USD, compared to market expectations of 0.25 USD.2022-07-27T21:35:21.037"
Graco earnings above expectations at 0.68 USD,Earnings,"Graco earnings above expectations at 0.68 USDUnited States EarningsGraco (GGG) released earnings per share at 0.68 USD, compared to market expectations of 0.67 USD.2022-07-27T21:35:17.017"
Antero Resources earnings above expectations at 2.29 USD,Earnings,"Antero Resources earnings above expectations at 2.29 USDUnited States EarningsAntero Resources (AR) released earnings per share at 2.29 USD, compared to market expectations of 1.91 USD.2022-07-27T21:35:11.747"
SS&C Technologies earnings below expectations at 1.10 USD,Earnings,"SS&C Technologies earnings below expectations at 1.10 USDUnited States EarningsSS&C Technologies (SSNC) released earnings per share at 1.10 USD, compared to market expectations of 1.19 USD.2022-07-27T21:35:06.96"
Molina Healthcare earnings above expectations at 4.55 USD,Earnings,"Molina Healthcare earnings above expectations at 4.55 USDUnited States EarningsMolina Healthcare (MOH) released earnings per share at 4.55 USD, compared to market expectations of 4.33 USD.2022-07-27T21:34:57.683"
American Water Works earnings above expectations at 1.20 USD,Earnings,"American Water Works earnings above expectations at 1.20 USDUnited States EarningsAmerican Water Works (AWK) released earnings per share at 1.20 USD, compared to market expectations of 1.16 USD.2022-07-27T21:34:49.387"
ETSY Inc earnings above expectations at 0.51 USD,Earnings,"ETSY Inc earnings above expectations at 0.51 USDUnited States EarningsETSY Inc (ETSY) released earnings per share at 0.51 USD, compared to market expectations of 0.32 USD.2022-07-27T20:36:26.813"
C.H. Robinson Worldwide earnings above expectations at 2.67 USD,Earnings,"C.H. Robinson Worldwide earnings above expectations at 2.67 USDUnited States EarningsC.H. Robinson Worldwide (CHRW) released earnings per share at 2.67 USD, compared to market expectations of 1.98 USD.2022-07-27T20:36:23.157"
Carlisle Companies earnings above expectations at 6.15 USD,Earnings,"Carlisle Companies earnings above expectations at 6.15 USDUnited States EarningsCarlisle Companies (CSL) released earnings per share at 6.15 USD, compared to market expectations of 5.00 USD.2022-07-27T20:36:14.477"
Tyler Technologies earnings above expectations at 1.88 USD,Earnings,"Tyler Technologies earnings above expectations at 1.88 USDUnited States EarningsTyler Technologies (TYL) released earnings per share at 1.88 USD, compared to market expectations of 1.82 USD.2022-07-27T20:36:10.817"
Hologic earnings above expectations at 0.95 USD,Earnings,"Hologic earnings above expectations at 0.95 USDUnited States EarningsHologic (HOLX) released earnings per share at 0.95 USD, compared to market expectations of 0.71 USD.2022-07-27T20:35:58.897"
Cincinnati Financial earnings below expectations at 0.65 USD,Earnings,"Cincinnati Financial earnings below expectations at 0.65 USDUnited States EarningsCincinnati Financial (CINF) released earnings per share at 0.65 USD, compared to market expectations of 1.05 USD.2022-07-27T20:35:55.217"
United Rentals earnings above expectations at 7.86 USD,Earnings,"United Rentals earnings above expectations at 7.86 USDUnited States EarningsUnited Rentals (URI) released earnings per share at 7.86 USD, compared to market expectations of 6.47 USD.2022-07-27T20:35:44.317"
Align Technology earnings below expectations at 2.00 USD,Earnings,"Align Technology earnings below expectations at 2.00 USDUnited States EarningsAlign Technology (ALGN) released earnings per share at 2.00 USD, compared to market expectations of 2.28 USD.2022-07-27T20:35:40.64"
Raymond James Financial earnings below expectations at 1.61 USD,Earnings,"Raymond James Financial earnings below expectations at 1.61 USDUnited States EarningsRaymond James Financial (RJF) released earnings per share at 1.61 USD, compared to market expectations of 1.67 USD.2022-07-27T20:35:37.007"
Mid-America Apartment Communities earnings above expectations at 1.82 USD,Earnings,"Mid-America Apartment Communities earnings above expectations at 1.82 USDUnited States EarningsMid-America Apartment Communities (MAA) released earnings per share at 1.82 USD, compared to market expectations of 1.08 USD.2022-07-27T20:35:33.517"
AvalonBay Communities earnings below expectations at 0.99 USD,Earnings,"AvalonBay Communities earnings below expectations at 0.99 USDUnited States EarningsAvalonBay Communities (AVB) released earnings per share at 0.99 USD, compared to market expectations of 1.17 USD.2022-07-27T20:35:17.23"
Cognizant Technology Solutions earnings above expectations at 1.14 USD,Earnings,"Cognizant Technology Solutions earnings above expectations at 1.14 USDUnited States EarningsCognizant Technology Solutions (CTSH) released earnings per share at 1.14 USD, compared to market expectations of 1.09 USD.2022-07-27T20:34:59.19"
O'Reilly Automotive earnings below expectations at 8.78 USD,Earnings,"O'Reilly Automotive earnings below expectations at 8.78 USDUnited States EarningsO'Reilly Automotive (ORLY) released earnings per share at 8.78 USD, compared to market expectations of 8.98 USD.2022-07-27T20:34:49.913"
Ford Motor earnings above expectations at 0.68 USD,Earnings,"Ford Motor earnings above expectations at 0.68 USDUnited States EarningsFord Motor (F) released earnings per share at 0.68 USD, compared to market expectations of 0.45 USD.2022-07-27T20:34:46.393"
Equinix earnings above expectations at 2.37 USD,Earnings,"Equinix earnings above expectations at 2.37 USDUnited States EarningsEquinix (EQIX) released earnings per share at 2.37 USD, compared to market expectations of 1.80 USD.2022-07-27T20:34:35.327"
Lam Research earnings above expectations at 8.83 USD,Earnings,"Lam Research earnings above expectations at 8.83 USDUnited States EarningsLam Research (LRCX) released earnings per share at 8.83 USD, compared to market expectations of 7.34 USD.2022-07-27T20:34:28.02"
ServiceNow earnings above expectations at 1.62 USD,Earnings,"ServiceNow earnings above expectations at 1.62 USDUnited States EarningsServiceNow (NOW) released earnings per share at 1.62 USD, compared to market expectations of 1.55 USD.2022-07-27T20:34:12.32"
Qualcomm earnings above expectations at 2.96 USD,Earnings,"Qualcomm earnings above expectations at 2.96 USDUnited States EarningsQualcomm (QCOM) released earnings per share at 2.96 USD, compared to market expectations of 2.89 USD.2022-07-27T20:34:09.293"
Stocks in United States Hit 6-week High,Stock Market,Stocks in United States Hit 6-week HighUnited States Stock MarketUSNDX increased to a 6-week high of 126632022-07-27T19:28:20.263
DXY Drops Under 106.5 after Fed,Currency,"DXY Drops Under 106.5 after FedUnited States CurrencyThe dollar index retreated to below the 106.5 mark after the Federal Reserve hiked its funds rate by 75bps in its July meeting, as broadly expected. Although remaining robust, Chairman Powell noted that the labor market is showing signs of slower job creation and that it will be appropriate to ease the pace of the current tightening path. At the same time, weak domestic consumer confidence, contractionary PMI figures, and an upturn in initial jobless claims added to worries of a recession. Investors now turn to the long-awaited US GDP figure to be released on Thursday, which will give more insight into the state of the world’s largest economy.2022-07-27T19:06:00"
US 10-Year Bond Yield Steady Following Fed,Government Bond 10Y,"US 10-Year Bond Yield Steady Following FedUnited States Government Bond 10YThe yield on the US Treasury 10-Year note remained below the 2.8% mark, a level not seen in two months, after the Federal Reserve hiked the funds rate by 75bps as broadly expected. The demand for safe-haven assets persisted as Fed policymakers noted that spending and output have eased, furthering concerns of a sharp economic slowdown following a recent slew of poor economic data. The US business activity contracted in July for the first time in nearly two years, pressured by a sharp slowdown in the service sector, clouding a market outlook amid increasingly high borrowing costs. Investors now turn to the long-awaited US GDP figure to be released on Thursday, which will give more insight into the state of the world’s largest economy.2022-07-27T18:27:00"
US Dollar Steady Following Fed Decision,Currency,"US Dollar Steady Following Fed DecisionUnited States CurrencyThe dollar index was steady at just above the 107 mark after the Federal Reserve raised its funds rate by 75bps in its July meeting as expected. At the same time, weak domestic consumer confidence, contractionary PMI figures, and an upturn in initial jobless claims added to worries of a recession. Investors now turn to the long-awaited US GDP figure to be released on Thursday, which will give more insight into the state of the world’s largest economy.2022-07-27T18:14:00"
US Crude Stocks Unexpectedly Fall the Most in 8 Weeks: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Fall the Most in 8 Weeks: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories declined by 4.523 million barrels in the week ended July 22nd, the most in 8 weeks and four times more than forecasts for a 1.037-million-barrel fall. Crude stocks at Cushing, Oklahoma, rose by 0.751 million barrels, up from a 1.143-million-barrel injection in the previous period. Gasoline stocks dropped by 3.304 million barrels, compared to expectations of a 0.857 million decrease. Distillate stockpiles, which include diesel and heating oil, rose by 0.784 million barrels, above expectations for a 0.5 million increase.2022-07-27T14:47:21.22"
Southern Copper earnings below expectations at 0.76 USD,Earnings,"Southern Copper earnings below expectations at 0.76 USDUnited States EarningsSouthern Copper (SCCO) released earnings per share at 0.76 USD, compared to market expectations of 0.97 USD.2022-07-27T14:06:14.317"
US Wholesale Inventories Rise for 23rd Month,Wholesale Inventories,"US Wholesale Inventories Rise for 23rd MonthUnited States Wholesale InventoriesWholesale inventories in the US went up 1.9 percent month-over-month to $896.0 billion in June of 2022, the same pace as in May, a preliminary estimate showed. Stocks of durable goods rose at a marginally slower pace of 1.9 percent (vs 2.0 percent in May) while inventory levels of nondurable goods rose 1.8 percent, the same as in the previous month. On an annual basis, wholesale inventories surged 25.6 percent in June.
2022-07-27T12:36:33.623"
US Goods Gap Lowest in 7 Months,Goods Trade Balance,"US Goods Gap Lowest in 7 MonthsUnited States Goods Trade BalanceThe goods gap in the US narrowed to $98.2 billion in June of 2022 form a downwardly revised $104 billion in May. It was the lowest trade deficit of the year so far, as exports jumped by 2.5% to a record high of $181.5 billion. Outbound sales rose sharply for industrial supplies (6.5%) and foods, feeds, and beverages (5.3%), which offset the decrease in automotive vehicles (-3.6%), capital goods (-1%) and consumer goods (-1%). On the other hand, imports fell by 0.5% to $279.7 billion, as purchases declined sharply for automotive vehicles (-7.8%) and foods, feeds, and beverages (-1.1%). Conversely, exports rose for capital goods (0.9%) and consumer goods (0.6%).2022-07-27T12:35:00"
Rollins earnings meet market expectations at 0.20 USD,Earnings,"Rollins earnings meet market expectations at 0.20 USDUnited States EarningsRollins (ROL) released earnings per share at 0.20 USD, in line with market expectations.2022-07-27T12:28:43.997"
Hess earnings above expectations at 2.15 USD,Earnings,"Hess earnings above expectations at 2.15 USDUnited States EarningsHess (HES) released earnings per share at 2.15 USD, compared to market expectations of 2.12 USD.2022-07-27T12:28:39.46"
Amphenol earnings above expectations at 0.75 USD,Earnings,"Amphenol earnings above expectations at 0.75 USDUnited States EarningsAmphenol (APH) released earnings per share at 0.75 USD, compared to market expectations of 0.68 USD.2022-07-27T12:28:35.827"
Norfolk Southern earnings below expectations at 3.45 USD,Earnings,"Norfolk Southern earnings below expectations at 3.45 USDUnited States EarningsNorfolk Southern (NSC) released earnings per share at 3.45 USD, compared to market expectations of 3.47 USD.2022-07-27T12:28:32.137"
Boeing earnings below expectations at -0.37 USD,Earnings,"Boeing earnings below expectations at -0.37 USDUnited States EarningsBoeing (BA) released earnings per share at -0.37 USD, compared to market expectations of -0.13 USD.2022-07-27T12:28:28.337"
Avery Dennison earnings above expectations at 2.64 USD,Earnings,"Avery Dennison earnings above expectations at 2.64 USDUnited States EarningsAvery Dennison (AVY) released earnings per share at 2.64 USD, compared to market expectations of 2.36 USD.2022-07-27T12:26:45.847"
Teledyne Technologies earnings above expectations at 4.43 USD,Earnings,"Teledyne Technologies earnings above expectations at 4.43 USDUnited States EarningsTeledyne Technologies (TDY) released earnings per share at 4.43 USD, compared to market expectations of 4.38 USD.2022-07-27T12:26:41.977"
Genuine Parts earnings above expectations at 2.20 USD,Earnings,"Genuine Parts earnings above expectations at 2.20 USDUnited States EarningsGenuine Parts (GPC) released earnings per share at 2.20 USD, compared to market expectations of 2.03 USD.2022-07-27T12:26:31.08"
Rockwell Automation earnings above expectations at 2.66 USD,Earnings,"Rockwell Automation earnings above expectations at 2.66 USDUnited States EarningsRockwell Automation (ROK) released earnings per share at 2.66 USD, compared to market expectations of 2.35 USD.2022-07-27T12:26:23.937"
Old Dominion Freight Line earnings above expectations at 3.30 USD,Earnings,"Old Dominion Freight Line earnings above expectations at 3.30 USDUnited States EarningsOld Dominion Freight Line (ODFL) released earnings per share at 3.30 USD, compared to market expectations of 3.16 USD.2022-07-27T12:26:20.417"
Kraft Heinz earnings above expectations at 0.70 USD,Earnings,"Kraft Heinz earnings above expectations at 0.70 USDUnited States EarningsKraft Heinz (KHC) released earnings per share at 0.70 USD, compared to market expectations of 0.68 USD.2022-07-27T12:26:15.877"
Boston Scientific earnings above expectations at 0.44 USD,Earnings,"Boston Scientific earnings above expectations at 0.44 USDUnited States EarningsBoston Scientific (BSX) released earnings per share at 0.44 USD, compared to market expectations of 0.42 USD.2022-07-27T12:26:09.993"
General Dynamics earnings above expectations at 2.75 USD,Earnings,"General Dynamics earnings above expectations at 2.75 USDUnited States EarningsGeneral Dynamics (GD) released earnings per share at 2.75 USD, compared to market expectations of 2.72 USD.2022-07-27T12:26:06.363"
Humana earnings above expectations at 8.67 USD,Earnings,"Humana earnings above expectations at 8.67 USDUnited States EarningsHumana (HUM) released earnings per share at 8.67 USD, compared to market expectations of 7.66 USD.2022-07-27T12:26:02.597"
Waste Management earnings above expectations at 1.44 USD,Earnings,"Waste Management earnings above expectations at 1.44 USDUnited States EarningsWaste Management (WM) released earnings per share at 1.44 USD, compared to market expectations of 1.40 USD.2022-07-27T12:25:58.763"
Sherwin-Williams earnings below expectations at 2.41 USD,Earnings,"Sherwin-Williams earnings below expectations at 2.41 USDUnited States EarningsSherwin-Williams (SHW) released earnings per share at 2.41 USD, compared to market expectations of 2.77 USD.2022-07-27T12:25:55.21"
CME earnings above expectations at 1.97 USD,Earnings,"CME earnings above expectations at 1.97 USDUnited States EarningsCME (CME) released earnings per share at 1.97 USD, compared to market expectations of 1.93 USD.2022-07-27T12:25:51.58"
ADP earnings above expectations at 1.50 USD,Earnings,"ADP earnings above expectations at 1.50 USDUnited States EarningsADP (ADP) released earnings per share at 1.50 USD, compared to market expectations of 1.46 USD.2022-07-27T12:25:47.857"
Bristol-Myers Squibb earnings above expectations at 1.93 USD,Earnings,"Bristol-Myers Squibb earnings above expectations at 1.93 USDUnited States EarningsBristol-Myers Squibb (BMY) released earnings per share at 1.93 USD, compared to market expectations of 1.80 USD.2022-07-27T12:25:43.793"
T-Mobile Us earnings below expectations at -0.09 USD,Earnings,"T-Mobile Us earnings below expectations at -0.09 USDUnited States EarningsT-Mobile Us (TMUS) released earnings per share at -0.09 USD, compared to market expectations of 0.26 USD.2022-07-27T12:25:40.117"
Bunge earnings below expectations at 2.97 USD,Earnings,"Bunge earnings below expectations at 2.97 USDUnited States EarningsBunge (BG) released earnings per share at 2.97 USD, compared to market expectations of 3.16 USD.2022-07-27T12:25:09.38"
Otis Worldwide Corp earnings above expectations at 0.86 USD,Earnings,"Otis Worldwide Corp earnings above expectations at 0.86 USDUnited States EarningsOtis Worldwide Corp (OTIS) released earnings per share at 0.86 USD, compared to market expectations of 0.79 USD.2022-07-27T12:24:59.413"
Hilton Worldwide earnings above expectations at 1.29 USD,Earnings,"Hilton Worldwide earnings above expectations at 1.29 USDUnited States EarningsHilton Worldwide (HLT) released earnings per share at 1.29 USD, compared to market expectations of 1.05 USD.2022-07-27T12:24:51.94"
Mortgage Applications Continue to Decline: MBA,Mortgage Applications,"Mortgage Applications Continue to Decline: MBAUnited States Mortgage ApplicationsMortgage applications in the US fell by 1.8% in the week ended July 22nd, a fourth consecutive week of declines and pushing the index to the lowest level since February of 2000, as borrowing costs and prices remain elevated. The refinancing rate went down 3.7% and applications for a loan to purchase a home fell 0.8%. Meanwhile, the average rate on a 30-year fixed-rate mortgage decreased by 8bps to 5.74%. “Increased economic uncertainty and prevalent affordability challenges are dissuading households from entering the market, leading to declining purchase activity that is close to lows last seen at the onset of the pandemic,” said Joel Kan, an economist at the MBA.2022-07-27T11:09:00"
Citrix Systems earnings below expectations at 0.90 USD,Earnings,"Citrix Systems earnings below expectations at 0.90 USDUnited States EarningsCitrix Systems (CTXS) released earnings per share at 0.90 USD, compared to market expectations of 1.18 USD.2022-07-27T10:08:37.587"
IDEX earnings above expectations at 2.02 USD,Earnings,"IDEX earnings above expectations at 2.02 USDUnited States EarningsIDEX (IEX) released earnings per share at 2.02 USD, compared to market expectations of 1.89 USD.2022-07-27T10:08:09.9"
Boston Properties earnings above expectations at 1.42 USD,Earnings,"Boston Properties earnings above expectations at 1.42 USDUnited States EarningsBoston Properties (BXP) released earnings per share at 1.42 USD, compared to market expectations of 0.76 USD.2022-07-27T10:08:02.59"
Teradyne earnings above expectations at 1.21 USD,Earnings,"Teradyne earnings above expectations at 1.21 USDUnited States EarningsTeradyne (TER) released earnings per share at 1.21 USD, compared to market expectations of 1.14 USD.2022-07-27T10:07:58.947"
Dollar Eases Ahead of Fed Outcome,Currency,"Dollar Eases Ahead of Fed OutcomeUnited States CurrencyThe dollar index eased to around 107 on Wednesday after jumping 0.7% in the previous session, as investors awaited the outcome of the Federal Reserve’s policy meeting. The Fed is widely expected to raise interest rates by another 75 basis points on Wednesday, versus earlier speculations of a bigger 100 basis point increase, as it tries to address conflicting concerns of high inflation and slowing growth. Markets will be watching Fed Chair Jerome Powell’s comments after the meeting for clues on the likely path for US monetary policy, as a hawkish surprise could stoke another dollar rally. Meanwhile, US consumer confidence fell sharply in July, highlighting fears of slowing growth while advance estimates for second quarter US GDP due on Thursday will give investors more insight into the state of the world’s largest economy.2022-07-27T05:50:00.15"
NVR earnings below expectations at 123.65 USD,Earnings,"NVR earnings below expectations at 123.65 USDUnited States EarningsNVR (NVR) released earnings per share at 123.65 USD, compared to market expectations of 126.77 USD.2022-07-27T00:16:47.307"
UDR earnings below expectations at 0.01 USD,Earnings,"UDR earnings below expectations at 0.01 USDUnited States EarningsUDR (UDR) released earnings per share at 0.01 USD, compared to market expectations of 0.07 USD.2022-07-27T00:16:39.927"
Essex Property earnings below expectations at 0.87 USD,Earnings,"Essex Property earnings below expectations at 0.87 USDUnited States EarningsEssex Property (ESS) released earnings per share at 0.87 USD, compared to market expectations of 1.33 USD.2022-07-27T00:16:33.187"
FirstEnergy earnings meet market expectations at 0.53 USD,Earnings,"FirstEnergy earnings meet market expectations at 0.53 USDUnited States EarningsFirstEnergy (FE) released earnings per share at 0.53 USD, in line with market expectations.2022-07-27T00:16:26.25"
CoStar earnings above expectations at 0.28 USD,Earnings,"CoStar earnings above expectations at 0.28 USDUnited States EarningsCoStar (CSGP) released earnings per share at 0.28 USD, compared to market expectations of 0.21 USD.2022-07-27T00:16:18.963"
Ameriprise Financial earnings above expectations at 5.81 USD,Earnings,"Ameriprise Financial earnings above expectations at 5.81 USDUnited States EarningsAmeriprise Financial (AMP) released earnings per share at 5.81 USD, compared to market expectations of 5.61 USD.2022-07-27T00:16:12.127"
Equity Residential earnings above expectations at 0.59 USD,Earnings,"Equity Residential earnings above expectations at 0.59 USDUnited States EarningsEquity Residential (EQR) released earnings per share at 0.59 USD, compared to market expectations of 0.28 USD.2022-07-27T00:16:03.333"
US Futures Bounce on Big Tech Updates,Stock Market,"US Futures Bounce on Big Tech UpdatesUnited States Stock MarketUS stock futures rebounded on Wednesday as quarterly updates from major technology firms lifted sentiment, while investors await the latest Federal Reserve interest rate decision. Contracts on the tech-heavy Nasdaq 100 rallied 1.4%, while Dow and S&P 500 futures gained 0.4% and 0.8%, respectively. Google parent Alphabet jumped 4.9% in extended trading as the firm’s revenues remained solid despite a challenging outlook for the online advertising industry, while Microsoft gained 4% on a strong sales forecast. Elsewhere, Enphase Energy and Chipotle soared 9.4% and 9%, respectively, on upbeat earnings reports. In regular trading on Tuesday, the major averages tumbled on mixed corporate results as companies grappled with recession fears, surging inflation and supply chain disruptions. The Dow fell 0.71%, the S&P 500 lost 1.15% and the Nasdaq Composite dropped 1.87%. Investors now look ahead to more quarterly reports and the Fed’s policy updates.2022-07-27T00:16:00"
Enphase Energy earnings above expectations at 1.07 USD,Earnings,"Enphase Energy earnings above expectations at 1.07 USDUnited States EarningsEnphase Energy (ENPH) released earnings per share at 1.07 USD, compared to market expectations of 0.85 USD.2022-07-27T00:15:56.2"
Chipotle Mexican Grill earnings above expectations at 9.30 USD,Earnings,"Chipotle Mexican Grill earnings above expectations at 9.30 USDUnited States EarningsChipotle Mexican Grill (CMG) released earnings per share at 9.30 USD, compared to market expectations of 9.04 USD.2022-07-27T00:15:35.623"
Stryker earnings below expectations at 2.25 USD,Earnings,"Stryker earnings below expectations at 2.25 USDUnited States EarningsStryker (SYK) released earnings per share at 2.25 USD, compared to market expectations of 2.28 USD.2022-07-27T00:14:49.973"
Chubb earnings above expectations at 4.20 USD,Earnings,"Chubb earnings above expectations at 4.20 USDUnited States EarningsChubb (CB) released earnings per share at 4.20 USD, compared to market expectations of 3.62 USD.2022-07-27T00:14:35.393"
Mondelez International earnings below expectations at 0.54 USD,Earnings,"Mondelez International earnings below expectations at 0.54 USDUnited States EarningsMondelez International (MDLZ) released earnings per share at 0.54 USD, compared to market expectations of 0.64 USD.2022-07-27T00:14:21.987"
Texas Instruments earnings above expectations at 2.45 USD,Earnings,"Texas Instruments earnings above expectations at 2.45 USDUnited States EarningsTexas Instruments (TXN) released earnings per share at 2.45 USD, compared to market expectations of 2.13 USD.2022-07-27T00:14:02.467"
PulteGroup earnings above expectations at 2.73 USD,Earnings,"PulteGroup earnings above expectations at 2.73 USDUnited States EarningsPulteGroup (PHM) released earnings per share at 2.73 USD, compared to market expectations of 2.62 USD.2022-07-26T20:07:13.62"
Corning earnings meet market expectations at 0.57 USD,Earnings,"Corning earnings meet market expectations at 0.57 USDUnited States EarningsCorning (GLW) released earnings per share at 0.57 USD, in line with market expectations.2022-07-26T20:01:15.58"
PACCAR earnings above expectations at 2.07 USD,Earnings,"PACCAR earnings above expectations at 2.07 USDUnited States EarningsPACCAR (PCAR) released earnings per share at 2.07 USD, compared to market expectations of 1.83 USD.2022-07-26T20:00:40.207"
Msci earnings above expectations at 2.78 USD,Earnings,"Msci earnings above expectations at 2.78 USDUnited States EarningsMsci (MSCI) released earnings per share at 2.78 USD, compared to market expectations of 2.69 USD.2022-07-26T19:59:54.1"
Ecolab earnings meet market expectations at 1.10 USD,Earnings,"Ecolab earnings meet market expectations at 1.10 USDUnited States EarningsEcolab (ECL) released earnings per share at 1.10 USD, in line with market expectations.2022-07-26T19:58:44.053"
Archer-Daniels Midland earnings above expectations at 2.15 USD,Earnings,"Archer-Daniels Midland earnings above expectations at 2.15 USDUnited States EarningsArcher-Daniels Midland (ADM) released earnings per share at 2.15 USD, compared to market expectations of 1.72 USD.2022-07-26T19:58:31.26"
Moody's earnings below expectations at 2.22 USD,Earnings,"Moody's earnings below expectations at 2.22 USDUnited States EarningsMoody's (MCO) released earnings per share at 2.22 USD, compared to market expectations of 2.35 USD.2022-07-26T19:57:20.047"
Centene earnings above expectations at 1.77 USD,Earnings,"Centene earnings above expectations at 1.77 USDUnited States EarningsCentene (CNC) released earnings per share at 1.77 USD, compared to market expectations of 1.60 USD.2022-07-26T19:57:13.35"
Fiserv earnings meet market expectations at 1.56 USD,Earnings,"Fiserv earnings meet market expectations at 1.56 USDUnited States EarningsFiserv (FISV) released earnings per share at 1.56 USD, in line with market expectations.2022-07-26T19:56:00.54"
General Electric earnings above expectations at 0.78 USD,Earnings,"General Electric earnings above expectations at 0.78 USDUnited States EarningsGeneral Electric (GE) released earnings per share at 0.78 USD, compared to market expectations of 0.38 USD.2022-07-26T19:54:55.193"
3M earnings above expectations at 2.48 USD,Earnings,"3M earnings above expectations at 2.48 USDUnited States Earnings3M (MMM) released earnings per share at 2.48 USD, compared to market expectations of 2.43 USD.2022-07-26T19:54:44.253"
Raytheon Technologies Corp earnings above expectations at 1.16 USD,Earnings,"Raytheon Technologies Corp earnings above expectations at 1.16 USDUnited States EarningsRaytheon Technologies Corp (RTX) released earnings per share at 1.16 USD, compared to market expectations of 1.12 USD.2022-07-26T19:53:00.713"
United Parcel Service earnings above expectations at 3.29 USD,Earnings,"United Parcel Service earnings above expectations at 3.29 USDUnited States EarningsUnited Parcel Service (UPS) released earnings per share at 3.29 USD, compared to market expectations of 3.16 USD.2022-07-26T19:52:44.45"
McDonalds earnings above expectations at 2.55 USD,Earnings,"McDonalds earnings above expectations at 2.55 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 2.55 USD, compared to market expectations of 2.47 USD.2022-07-26T19:52:18.357"
Coca-Cola earnings above expectations at 0.70 USD,Earnings,"Coca-Cola earnings above expectations at 0.70 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.70 USD, compared to market expectations of 0.67 USD.2022-07-26T19:51:01.69"
US Fifth District Service Sector Activity Deteriorates Sharply,Richmond Fed Services Index,"US Fifth District Service Sector Activity Deteriorates Sharply United States Richmond Fed Services IndexThe Service Sector Activity Index in the US fifth district fell to -13 in July of 2022 from a flat reading in the previous month. It was the lowest reading since July 2020, with the revenues and demand indexes decreasing to -13 and -6 in July from 0 and 3 in June, respectively. Meantime, firms were way less optimistic about their business conditions for the next six months. 2022-07-26T14:54:02.893"
Manufacturing Activity in Fifth District Remained Flat in July,Richmond Fed Manufacturing Index,"Manufacturing Activity in Fifth District Remained Flat in July United States Richmond Fed Manufacturing IndexThe Richmond Fed composite manufacturing index remained flat in July, recovering from a revised -9 in June. Shipments and new order volume indexes increased to 7 and -10 from -17 and -20 in June, respectively, while the employment index dropped to 8 from 16 in the previous month. In the meantime, firms expected an improvement in the next six months and expected wages to remain elevated.  	2022-07-26T14:24:29.05"
IMF Sees Lower Growth and Higher Inflation this Year,Forecast,"IMF Sees Lower Growth and Higher Inflation this YearUnited States ForecastThe IMF lowered its growth forecasts for the global economy to 3.2% in 2022 from 3.6% in the April projection, while the outlook for inflation was revised higher to 6.6% in advanced economies (5.7% in April) and 9.5% in emerging and developing economies (vs 8.7%), due to food and energy prices as well as lingering supply-demand imbalances. Meanwhile, the IMF considers risks to the outlook are on the downside, as the war in Ukraine could lead to a sudden stop of European gas imports from Russia; inflation could be harder to bring down than anticipated; tighter global financial conditions could induce debt distress; renewed COVID-19 outbreaks and lockdowns as well as a further escalation of the property sector crisis might further suppress Chinese growth; and geopolitical fragmentation could impede global trade and cooperation. The US economy is seen growing 2.3% in 2022 (vs 3.7% seen in April), China 3.3% (vs 4.4%), Euro Area 2.6% (vs 2.8%),  Japan 1.7% (vs 2.4%), India 7.4% (vs 8.2%).2022-07-26T13:29:00"
US Home Prices Rise 1.4% in May: FHFA,House Price Index MoM,"US Home Prices Rise 1.4% in May: FHFAUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US increased by 1.4% from a month earlier in May of 2022, easing from a downwardly revised 1.5% in the previous month. For the nine census divisions, monthly house price changes ranged from +0.2% in the Pacific division to +2% in the New England division. Year-on-year, house prices jumped by 18.3%. “Since peaking in February, price appreciation has moderated slightly.  Price growth continues to remain above historical levels, supported by the low inventory of properties for sale.” said Will Doerner, Ph.D., Supervisory Economist in FHFA's Division of Research and Statistics.
2022-07-26T13:04:16.533"
RPM International earnings below expectations at 1.42 USD,Earnings,"RPM International earnings below expectations at 1.42 USDUnited States EarningsRPM International (RPM) released earnings per share at 1.42 USD, compared to market expectations of 1.44 USD.2022-07-26T11:55:45.12"
Packaging Of America earnings above expectations at 3.23 USD,Earnings,"Packaging Of America earnings above expectations at 3.23 USDUnited States EarningsPackaging Of America (PKG) released earnings per share at 3.23 USD, compared to market expectations of 2.86 USD.2022-07-26T11:55:25.447"
Brown & Brown earnings above expectations at 0.51 USD,Earnings,"Brown & Brown earnings above expectations at 0.51 USDUnited States EarningsBrown & Brown (BRO) released earnings per share at 0.51 USD, compared to market expectations of 0.48 USD.2022-07-26T11:54:44.08"
Sun Communities earnings below expectations at 0.61 USD,Earnings,"Sun Communities earnings below expectations at 0.61 USDUnited States EarningsSun Communities (SUI) released earnings per share at 0.61 USD, compared to market expectations of 0.78 USD.2022-07-26T11:54:15.647"
Alexandria Real Estate Equities earnings above expectations at 0.78 USD,Earnings,"Alexandria Real Estate Equities earnings above expectations at 0.78 USDUnited States EarningsAlexandria Real Estate Equities (ARE) released earnings per share at 0.78 USD, compared to market expectations of 0.60 USD.2022-07-26T11:54:05.063"
Newmont Mining earnings below expectations at 0.46 USD,Earnings,"Newmont Mining earnings below expectations at 0.46 USDUnited States EarningsNewmont Mining (NEM) released earnings per share at 0.46 USD, compared to market expectations of 0.68 USD.2022-07-26T11:53:38.073"
Cadence Design Systems earnings above expectations at 1.08 USD,Earnings,"Cadence Design Systems earnings above expectations at 1.08 USDUnited States EarningsCadence Design Systems (CDNS) released earnings per share at 1.08 USD, compared to market expectations of 0.96 USD.2022-07-26T11:52:53.557"
Hubbell earnings above expectations at 2.81 USD,Earnings,"Hubbell earnings above expectations at 2.81 USDUnited States EarningsHubbell (HUBB) released earnings per share at 2.81 USD, compared to market expectations of 2.42 USD.2022-07-26T11:46:16.62"
Kimberly Clark earnings above expectations at 1.34 USD,Earnings,"Kimberly Clark earnings above expectations at 1.34 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 1.34 USD, compared to market expectations of 1.31 USD.2022-07-26T11:46:04.123"
Dollar Enjoys Wave of Momentum,Currency,"Dollar Enjoys Wave of MomentumUnited States CurrencyThe dollar index regained ground above the 107 neighborhood as investors reassessed the outlook of tightening monetary policy from the Federal Reserve. The US central bank is on track to raise interest rates by another 75 basis points on Wednesday as it seeks to curb inflation, currently running at levels not seen since 1981. The risk-averse market environment also favored bets on the safe-haven currency. The most pronounced buying activity was against the Euro, as recession concerns and the ongoing energy crisis in Europe spooked investors away from the single currency. 2022-07-26T11:23:00"
US Futures Fall on Walmart Profit Warning,Stock Market,"US Futures Fall on Walmart Profit WarningUnited States Stock MarketUS stock futures fell on Tuesday as Walmart tumbled after slashing its profit forecast, dragging other retail stocks lower in after-hours trading. Futures contracts tied to the three major indexes each lost about 0.4%. Walmart sank nearly 10% in extended trading after cutting its quarterly and full-year profit estimates, citing reduced consumer spending due to rising prices. Other retailers also declined including Target (-5.1%), Macy’s (-4.2%), Costco (-3.1%), Dollar General (-4.3%) and Amazon (-3.9%). Stocks ended mixed in regular trading on Monday, with the Dow and S&P 500 gaining 0.28% and 0.13%, respectively, while the tech-heavy Nasdaq dropped 0.43%. Those moves came as investors braced for the Federal Reserve meeting, key economic data and a batch of mega-cap tech earnings this week. Companies slated to report earnings on Tuesday include Microsoft, Alphabet, Visa, Coca-Cola and McDonald’s, among others.2022-07-26T00:35:00"
Dallas Fed Manufacturing Index at 26-Month Low,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index at 26-Month LowUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas decreased to -22.6 in July of 2022 from -17.7 in June, remaining the lowest since May 2020. The production index, a key measure of state manufacturing conditions, was largely unchanged at 3.8, a reading well below average but still indicative of growth. The new orders index remained negative at -9.2 (vs-7.3 in June) and the growth rate of orders index also remained negative but edged up to -12.0. The capacity utilization index was unchanged at 3.5, and the shipments index ticked up to 4.3. Labor market measures continued to indicate robust employment growth and longer workweeks. The employment index moved up three points to 17.9, a reading significantly above its series average of 7.7. On the price front, prices and wages continued to increase but at a more moderate pace. Finally, expectations regarding future manufacturing activity were mixed. 2022-07-25T14:38:00"
Chicago Fed National Activity Index Remains Subdued,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Remains SubduedUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index was unchanged at -0.19 in June of 2022 from a downwardly revised -0.19 in May. The index remained at low levels not seen since February of 2021, pointing to steady although below average economic growth. Production-related indicators contributed -0.20, down from -0.17 in May; employment-related indicators contributed +0.05, down slightly from +0.06; and the contribution of the sales, orders, and inventories category edged up to +0.03 from -0.01. Meanwhile, the index’s three-month moving average, CFNAI-MA3, which provides a more consistent picture of national economic growth, decreased to -0.04 from +0.09, the first negative reading in two years.2022-07-25T12:45:00"
Dollar Steadies as Fed Meeting Looms,Currency,"Dollar Steadies as Fed Meeting LoomsUnited States CurrencyThe dollar index steadied around 106.4 on Tuesday, remaining in a tight trading range as investors avoided making big bets ahead of a key Federal Reserve meeting where it is expected to balance inflation-fighting efforts against mounting risks of a recession. The US central bank is widely expected to deliver another 75 basis point rate hike this week, and markets will focus on Fed Chair Jerome Powell's comments for further clues on the monetary policy path. Last week, data showed US business activity contracted in July for the first time in nearly two years, while advance estimates for second quarter US GDP due on Thursday will give investors more insight into the state of the world’s largest economy.2022-07-25T05:13:00"
US Service Sector Activity Unexpectedly Contracts in July,Services PMI,"US Service Sector Activity Unexpectedly Contracts in JulyUnited States Services PMIThe S&P Global US Services PMI fell to 47 in July of 2022 from 52.7 in June, missing market expectations of 52.6 and signaling the sharpest fall in output since May 2020. New export business decreased for the second successive month amid challenging economic conditions in key export destinations and new business returned to expansion at a much softer pace than that seen in the last two years. The rate of job creation was the weakest for five months as pressure on capacity subsided. Backlogs of work decreased at a faster pace, and one that was the sharpest since May 2020. On the price front, input prices rose markedly, albeit at the softest pace since January; and output charges softened the most since March 2021. Looking ahead, service providers signaled the lowest degree of confidence in the outlook for output since September 2020.2022-07-22T13:56:42.547"
US Factory Growth Slows Less than Expected,Manufacturing PMI,"US Factory Growth Slows Less than ExpectedUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI edged lower to 52.3 in July of 2022 from 52.7 in June, compared to market forecasts of 52, preliminary estimates showed. The reading pointed to the slowest growth in manufacturing activity in two years, amid broadly unchanged production levels and a further fall in new order inflows. Meanwhile, cost inflation slowed to the lowest since April 2021 but remained elevated due to energy, fuel, transportation and material prices. Vendor performance deteriorated again and more firms mentioned plans to cut costs and reduce staffing numbers as the rate of job creation slowed to the second-weakest in the current two-year sequence of employment growth. Finally, business sentiment was the lowest since October of 2020 due to weak client demand and the impact of further inflationary pressure on customer spending.2022-07-22T13:52:00"
Twitter earnings below expectations at -0.08 USD,Earnings,"Twitter earnings below expectations at -0.08 USDUnited States EarningsTwitter (TWTR) released earnings per share at -0.08 USD, compared to market expectations of 0.15 USD.2022-07-22T12:24:41.087"
NextEra Energy earnings above expectations at 0.81 USD,Earnings,"NextEra Energy earnings above expectations at 0.81 USDUnited States EarningsNextEra Energy (NEE) released earnings per share at 0.81 USD, compared to market expectations of 0.75 USD.2022-07-22T11:47:48.59"
Verizon earnings below expectations at 1.31 USD,Earnings,"Verizon earnings below expectations at 1.31 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.31 USD, compared to market expectations of 1.33 USD.2022-07-22T11:47:42.157"
Roper Industries earnings above expectations at 3.95 USD,Earnings,"Roper Industries earnings above expectations at 3.95 USDUnited States EarningsRoper Industries (ROP) released earnings per share at 3.95 USD, compared to market expectations of 3.69 USD.2022-07-22T11:17:06.677"
American Express earnings above expectations at 2.57 USD,Earnings,"American Express earnings above expectations at 2.57 USDUnited States EarningsAmerican Express (AXP) released earnings per share at 2.57 USD, compared to market expectations of 2.41 USD.2022-07-22T11:16:53.65"
HCA earnings above expectations at 4.21 USD,Earnings,"HCA earnings above expectations at 4.21 USDUnited States EarningsHCA (HCA) released earnings per share at 4.21 USD, compared to market expectations of 3.71 USD.2022-07-22T10:45:49.68"
Regions Financial earnings above expectations at 0.59 USD,Earnings,"Regions Financial earnings above expectations at 0.59 USDUnited States EarningsRegions Financial (RF) released earnings per share at 0.59 USD, compared to market expectations of 0.53 USD.2022-07-22T10:15:52.867"
Dollar Rises Ahead of Next Week’s Fed Meeting,Currency,"Dollar Rises Ahead of Next Week’s Fed MeetingUnited States CurrencyThe dollar index was around 107 on Friday, recouping some losses from earlier this week, as traders took stock of various monetary policy decisions and geared up for next week’s Federal Reserve meeting. The US central bank is on track to raise interest rates by another 75 basis points next week after pushing back against expectations of a bigger 100 basis point increase. Markets will be watching for the Fed’s forward guidance on rates, as any hawkish statement could push the dollar higher and hurt other major currencies. The greenback fell on Thursday after the European Central Bank raised rates by a larger-than-expected 50 basis points for the first hike since 2011. However, dollar dips are seen as short-lived given the US’s relative economic strength and more aggressive tightening path.2022-07-22T06:12:00"
Nasdaq Futures Drop as Snap Plummets,Stock Market,"Nasdaq Futures Drop as Snap PlummetsUnited States Stock MarketUS stock futures dropped on Friday as investors digested more corporate earnings reports, with disappointing results from Snap hurting sentiment and sending social media shares down. Nasdaq 100 futures fell 0.7%, while Dow and S&P 500 futures lost 0.2% and 0.4%, respectively. Snap plummeted nearly 27% in extended trading after the social media firm missed the top and bottom lines in the second quarter and said it would substantially slow hiring. Other technology firms heavily reliant on online advertising sales followed suit, with losses from Alphabet (-2.8%), Meta Platforms (-4.7%), Twitter (-2.1%) and Pinterest (-6.4%). The news is set to break a hot streak on Wall Street, with the three major averages posting their third straight positive session on Thursday. Still, the tech-heavy Nasdaq is on track to gain more than 5% this week, while the Dow and S&P 500 are up 2.4% and 3.5%, respectively, so far this week.2022-07-22T01:12:00"
W.R. Berkley earnings below expectations at 0.64 USD,Earnings,"W.R. Berkley earnings below expectations at 0.64 USDUnited States EarningsW.R. Berkley (WRB) released earnings per share at 0.64 USD, compared to market expectations of 0.86 USD.2022-07-21T20:35:23.6"
SVB Financial earnings below expectations at 5.60 USD,Earnings,"SVB Financial earnings below expectations at 5.60 USDUnited States EarningsSVB Financial (SIVB) released earnings per share at 5.60 USD, compared to market expectations of 7.95 USD.2022-07-21T20:35:07.12"
Snap Inc earnings above expectations at -0.02 USD,Earnings,"Snap Inc earnings above expectations at -0.02 USDUnited States EarningsSnap Inc (SNAP) released earnings per share at -0.02 USD, compared to market expectations of -0.20 USD.2022-07-21T20:35:00.173"
PPG Industries earnings above expectations at 1.81 USD,Earnings,"PPG Industries earnings above expectations at 1.81 USDUnited States EarningsPPG Industries (PPG) released earnings per share at 1.81 USD, compared to market expectations of 1.74 USD.2022-07-21T20:34:51.5"
Capital One Financial earnings below expectations at 4.96 USD,Earnings,"Capital One Financial earnings below expectations at 4.96 USDUnited States EarningsCapital One Financial (COF) released earnings per share at 4.96 USD, compared to market expectations of 5.10 USD.2022-07-21T20:34:40.953"
Intuitive Surgical earnings below expectations at 1.14 USD,Earnings,"Intuitive Surgical earnings below expectations at 1.14 USDUnited States EarningsIntuitive Surgical (ISRG) released earnings per share at 1.14 USD, compared to market expectations of 1.20 USD.2022-07-21T20:34:32.32"
Government Bond Yields Fall as Recession Fears Grow,Government Bond 10Y,"Government Bond Yields Fall as Recession Fears GrowUnited States Government Bond 10YThe yield on the US Treasury 10-year note slipped below the 2.9% mark as investors rushed to safe-haven assets amid lingering fears that an aggressive tightening worldwide to tame sky-high inflation will eventually tip economies into a recession. The ECB surprised markets with a larger-than-expected 50 bps hike on Thursday, ending eight years of negative rates, while revealing a new bond-buying program to tame borrowing costs for the eurozone's most indebted countries. Meanwhile, the Federal Reserve, the world's most influential central bank, has already raised benchmark short-term borrowing rates by 1.5 percentage points this year, with another 75 bps hike in July regarded as inevitable. While such an aggressive tightening should be the key to bringing down inflation, currently running at over 40-year highs in the US, investors have grown concerned that it will also tip the world's largest economy into a recession.2022-07-21T15:00:00"
US Futures Point to Gains at the Open,Stock Market,"US Futures Point to Gains at the OpenUnited States Stock MarketContracts on both the Dow Jones and S&P 500 futures reversed early losses to trade higher and the Nasdaq extended gains on Thursday, after the ECB raised rates by 50bps, which is twice the hike announced in the previous meeting, lifting the euro higher, and sending the dollar and Treasury yields lower. Meanwhile, the earnings season continues to point to a mixed economic outlook. AT&T results beat forecasts but the company lowered its full-year free cash flow guidance. American Airlines earnings and revenue was in line with expectations while United Airlines missed estimates. On the other hand, Tesla shares were up more than 2.5% in premarket trading after the company's earnings came better-than-expected. On Wednesday, the three major averages hit their highest levels in more than a month.2022-07-21T12:51:00"
Dollar Erases Gains after ECB,Currency,"Dollar Erases Gains after ECBUnited States CurrencyThe dollar index reversed most gains to 107 on Thursday, after the ECB delivered a 50bps increase in interest rates, twice a 25bps rate hike signalled in the previous meeting. The euro soared almost 1% after the ECB's big hike, thus pressuring the greenback. Still, the US dollar is set to hold strong as risk sentiment remains fragile around the world, with the energy crisis in Europe and Italy's political turmoil pressuring the common currency. More importantly, the Fed is set to continue its tightening plans and is expected to deliver a 75bps rate hike next week, a fourth straight increase, totalling 225bps so far. 2022-07-21T12:48:00"
Nucor earnings above expectations at 9.67 USD,Earnings,"Nucor earnings above expectations at 9.67 USDUnited States EarningsNucor (NUE) released earnings per share at 9.67 USD, compared to market expectations of 8.26 USD.2022-07-21T12:24:43.707"
Freeport-McMoran earnings below expectations at 0.58 USD,Earnings,"Freeport-McMoran earnings below expectations at 0.58 USDUnited States EarningsFreeport-McMoran (FCX) released earnings per share at 0.58 USD, compared to market expectations of 0.70 USD.2022-07-21T12:24:37.063"
Dominos Pizza earnings below expectations at 2.82 USD,Earnings,"Dominos Pizza earnings below expectations at 2.82 USDUnited States EarningsDominos Pizza (DPZ) released earnings per share at 2.82 USD, compared to market expectations of 2.90 USD.2022-07-21T11:48:00.057"
Blackstone earnings above expectations at 1.49 USD,Earnings,"Blackstone earnings above expectations at 1.49 USDUnited States EarningsBlackstone (BX) released earnings per share at 1.49 USD, compared to market expectations of 1.40 USD.2022-07-21T11:47:53.377"
Union Pacific earnings above expectations at 2.93 USD,Earnings,"Union Pacific earnings above expectations at 2.93 USDUnited States EarningsUnion Pacific (UNP) released earnings per share at 2.93 USD, compared to market expectations of 2.87 USD.2022-07-21T11:47:46.75"
Interpublic Of Companies earnings above expectations at 0.63 USD,Earnings,"Interpublic Of Companies earnings above expectations at 0.63 USDUnited States EarningsInterpublic Of Companies (IPG) released earnings per share at 0.63 USD, compared to market expectations of 0.58 USD.2022-07-21T11:18:44.443"
Quest Diagnostics earnings above expectations at 2.36 USD,Earnings,"Quest Diagnostics earnings above expectations at 2.36 USDUnited States EarningsQuest Diagnostics (DGX) released earnings per share at 2.36 USD, compared to market expectations of 2.24 USD.2022-07-21T11:18:26.213"
Pool earnings above expectations at 7.63 USD,Earnings,"Pool earnings above expectations at 7.63 USDUnited States EarningsPool (POOL) released earnings per share at 7.63 USD, compared to market expectations of 7.44 USD.2022-07-21T11:18:19.557"
Huntington Bancshares earnings above expectations at 0.36 USD,Earnings,"Huntington Bancshares earnings above expectations at 0.36 USDUnited States EarningsHuntington Bancshares (HBAN) released earnings per share at 0.36 USD, compared to market expectations of 0.34 USD.2022-07-21T11:18:12.993"
Tractor Supply earnings above expectations at 3.53 USD,Earnings,"Tractor Supply earnings above expectations at 3.53 USDUnited States EarningsTractor Supply (TSCO) released earnings per share at 3.53 USD, compared to market expectations of 3.50 USD.2022-07-21T11:18:06.29"
Travelers Companies earnings above expectations at 2.57 USD,Earnings,"Travelers Companies earnings above expectations at 2.57 USDUnited States EarningsTravelers Companies (TRV) released earnings per share at 2.57 USD, compared to market expectations of 1.97 USD.2022-07-21T11:17:59.677"
IQVIA Holdings Inc earnings above expectations at 2.44 USD,Earnings,"IQVIA Holdings Inc earnings above expectations at 2.44 USDUnited States EarningsIQVIA Holdings Inc (IQV) released earnings per share at 2.44 USD, compared to market expectations of 2.39 USD.2022-07-21T11:17:53.09"
Marsh & McLennan Companies earnings above expectations at 1.89 USD,Earnings,"Marsh & McLennan Companies earnings above expectations at 1.89 USDUnited States EarningsMarsh & McLennan Companies (MMC) released earnings per share at 1.89 USD, compared to market expectations of 1.87 USD.2022-07-21T11:17:37.913"
Philip Morris International earnings above expectations at 1.48 USD,Earnings,"Philip Morris International earnings above expectations at 1.48 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.48 USD, compared to market expectations of 1.25 USD.2022-07-21T11:17:31.777"
Snap-On earnings above expectations at 4.27 USD,Earnings,"Snap-On earnings above expectations at 4.27 USDUnited States EarningsSnap-On (SNA) released earnings per share at 4.27 USD, compared to market expectations of 3.94 USD.2022-07-21T10:46:43.887"
KEY earnings above expectations at 0.54 USD,Earnings,"KEY earnings above expectations at 0.54 USDUnited States EarningsKEY (KEY) released earnings per share at 0.54 USD, compared to market expectations of 0.51 USD.2022-07-21T10:46:28.793"
Dover earnings above expectations at 2.14 USD,Earnings,"Dover earnings above expectations at 2.14 USDUnited States EarningsDover (DOV) released earnings per share at 2.14 USD, compared to market expectations of 2.07 USD.2022-07-21T10:46:22.003"
Fifth Third Bancorp earnings below expectations at 0.76 USD,Earnings,"Fifth Third Bancorp earnings below expectations at 0.76 USDUnited States EarningsFifth Third Bancorp (FITB) released earnings per share at 0.76 USD, compared to market expectations of 0.87 USD.2022-07-21T10:46:15.343"
DR Horton earnings above expectations at 4.67 USD,Earnings,"DR Horton earnings above expectations at 4.67 USDUnited States EarningsDR Horton (DHI) released earnings per share at 4.67 USD, compared to market expectations of 4.50 USD.2022-07-21T10:46:08.767"
AT&T earnings above expectations at 0.65 USD,Earnings,"AT&T earnings above expectations at 0.65 USDUnited States EarningsAT&T (T) released earnings per share at 0.65 USD, compared to market expectations of 0.61 USD.2022-07-21T10:46:02.147"
Dow Inc earnings above expectations at 2.31 USD,Earnings,"Dow Inc earnings above expectations at 2.31 USDUnited States EarningsDow Inc (DOW) released earnings per share at 2.31 USD, compared to market expectations of 2.14 USD.2022-07-21T10:15:37.677"
Danaher earnings above expectations at 2.76 USD,Earnings,"Danaher earnings above expectations at 2.76 USDUnited States EarningsDanaher (DHR) released earnings per share at 2.76 USD, compared to market expectations of 2.36 USD.2022-07-21T10:15:31.45"
Dollar Back to Above 107,Currency,"Dollar Back to Above 107United States CurrencyThe dollar index reversed early losses to trade above 107 on Thursday, as cautious returns and investors rush to the safety of the greenback. The ECB is set to raise interest rates for the first time in eleven years on Thursday but Italy's Prime Minister Draghi resigned, sending the euro down and complicating the central bank's plans to tight monetary policy to tame soaring inflation. Meanwhile, the BoJ stick with its ultra-easing policy stance while the Fed will continue to raise borrowing costs. The Fed is set to raise interest rates by another 75 basis points next week after pushing back against expectations of a bigger 100 basis point increase.2022-07-21T09:42:47.25"
Dollar Edges Lower as ECB Decision Looms,Currency,"Dollar Edges Lower as ECB Decision LoomsUnited States CurrencyThe dollar index fell back toward 106.7 on Thursday, erasing gains in the previous session, as traders weighed the Federal Reserve’s firm hawkish plans against expectations that other major central banks will act more aggressively to catch up with inflation. The US central bank is on track to raise interest rates by another 75 basis points next week after pushing back against expectations of a bigger 100 basis point increase. Meanwhile, the European Central Bank is set to raise interest rates for the first time in 11 years on Thursday, with reports suggesting that it may consider a more aggressive move. Analysts also flagged a potential half point rate hike from the Bank of England after the country’s inflation surged to a four-decade high in June. The dollar weakened markedly against the euro and the pound, but held near 24-year highs versus the yen.2022-07-21T05:41:49.653"
Discover Financial Services earnings above expectations at 3.96 USD,Earnings,"Discover Financial Services earnings above expectations at 3.96 USDUnited States EarningsDiscover Financial Services (DFS) released earnings per share at 3.96 USD, compared to market expectations of 3.76 USD.2022-07-20T22:38:32.313"
Crown earnings above expectations at 2.10 USD,Earnings,"Crown earnings above expectations at 2.10 USDUnited States EarningsCrown (CCK) released earnings per share at 2.10 USD, compared to market expectations of 2.01 USD.2022-07-20T21:05:45.847"
Equifax earnings above expectations at 2.09 USD,Earnings,"Equifax earnings above expectations at 2.09 USDUnited States EarningsEquifax (EFX) released earnings per share at 2.09 USD, compared to market expectations of 2.00 USD.2022-07-20T21:05:33.593"
Steel Dynamics earnings below expectations at 6.02 USD,Earnings,"Steel Dynamics earnings below expectations at 6.02 USDUnited States EarningsSteel Dynamics (STLD) released earnings per share at 6.02 USD, compared to market expectations of 6.05 USD.2022-07-20T20:35:12.87"
United Airlines Holdings earnings below expectations at 1.43 USD,Earnings,"United Airlines Holdings earnings below expectations at 1.43 USDUnited States EarningsUnited Airlines Holdings (UAL) released earnings per share at 1.43 USD, compared to market expectations of 1.86 USD.2022-07-20T20:35:06.253"
Las Vegas Sands earnings below expectations at -0.34 USD,Earnings,"Las Vegas Sands earnings below expectations at -0.34 USDUnited States EarningsLas Vegas Sands (LVS) released earnings per share at -0.34 USD, compared to market expectations of -0.25 USD.2022-07-20T20:34:59.587"
Kinder Morgan earnings above expectations at 0.28 USD,Earnings,"Kinder Morgan earnings above expectations at 0.28 USDUnited States EarningsKinder Morgan (KMI) released earnings per share at 0.28 USD, compared to market expectations of 0.27 USD.2022-07-20T20:34:52.947"
Crown Castle International earnings above expectations at 0.97 USD,Earnings,"Crown Castle International earnings above expectations at 0.97 USDUnited States EarningsCrown Castle International (CCI) released earnings per share at 0.97 USD, compared to market expectations of 0.96 USD.2022-07-20T20:34:46.167"
Tesla earnings above expectations at 2.27 USD,Earnings,"Tesla earnings above expectations at 2.27 USDUnited States EarningsTesla (TSLA) released earnings per share at 2.27 USD, compared to market expectations of 1.86 USD.2022-07-20T20:34:39.457"
CSX earnings above expectations at 0.54 USD,Earnings,"CSX earnings above expectations at 0.54 USDUnited States EarningsCSX (CSX) released earnings per share at 0.54 USD, compared to market expectations of 0.47 USD.2022-07-20T20:03:38.143"
Dollar Bounces Off Two-Week Low,Currency,"Dollar Bounces Off Two-Week LowUnited States CurrencyThe dollar recovered from its lowest level in two weeks to consolidate above the 107 neighborhood as investors reassessed the outlook of tightening monetary policy from the Federal Reserve. The US central bank is on track to raise interest rates by another 75 basis points next week as it seeks to curb inflation, currently running at levels not seen since 1981. While soaring inflation initially led markets to price a 100 bps hike, several Fed policymakers came to calm markets by suggesting that a minor move should work. 2022-07-20T17:29:00"
US Crude Stocks Unexpectedly Fall: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Fall: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories declined by 0.446 million barrels in the week ended July 15th, following an injection of 3.254 million barrels in the previous period, and contrasting with market expectations for a 1.357 million build. Crude stocks at Cushing, Oklahoma, rose by 1.143 million barrels, up from a 0.316-million-barrel injection in the previous period. Gasoline stocks rose by 3.498 million barrels, beating forecasts of a 0.071 million build. Distillate stockpiles, which include diesel and heating oil, shrank by 1.295 million barrels, against expectations for a 1.169 million increase.2022-07-20T14:53:14.4"
Stocks in United States Hit 5-week High,Stock Market,Stocks in United States Hit 5-week HighUnited States Stock MarketUS500 increased to a 5-week high of 39462022-07-20T14:25:41.76
Northern earnings below expectations at 1.86 USD,Earnings,"Northern earnings below expectations at 1.86 USDUnited States EarningsNorthern (NTRS) released earnings per share at 1.86 USD, compared to market expectations of 1.93 USD.2022-07-20T11:48:09.807"
Abbott earnings above expectations at 1.43 USD,Earnings,"Abbott earnings above expectations at 1.43 USDUnited States EarningsAbbott (ABT) released earnings per share at 1.43 USD, compared to market expectations of 1.13 USD.2022-07-20T11:47:54.807"
NASDAQ OMX earnings above expectations at 2.07 USD,Earnings,"NASDAQ OMX earnings above expectations at 2.07 USDUnited States EarningsNASDAQ OMX (NDAQ) released earnings per share at 2.07 USD, compared to market expectations of 1.92 USD.2022-07-20T11:17:22.913"
Baker Hughes Co earnings below expectations at 0.11 USD,Earnings,"Baker Hughes Co earnings below expectations at 0.11 USDUnited States EarningsBaker Hughes Co (BKR) released earnings per share at 0.11 USD, compared to market expectations of 0.22 USD.2022-07-20T11:17:16.207"
Biogen earnings above expectations at 5.25 USD,Earnings,"Biogen earnings above expectations at 5.25 USDUnited States EarningsBiogen (BIIB) released earnings per share at 5.25 USD, compared to market expectations of 4.13 USD.2022-07-20T11:17:03.647"
Alphabet earnings above expectations at 24.62 USD,Earnings,"Alphabet earnings above expectations at 24.62 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 24.62 USD, compared to market expectations of 1.29 USD.2022-07-20T11:07:40.717"
Comerica earnings above expectations at 1.92 USD,Earnings,"Comerica earnings above expectations at 1.92 USDUnited States EarningsComerica (CMA) released earnings per share at 1.92 USD, compared to market expectations of 1.77 USD.2022-07-20T10:46:16.333"
MarketAxess earnings above expectations at 1.78 USD,Earnings,"MarketAxess earnings above expectations at 1.78 USDUnited States EarningsMarketAxess (MKTX) released earnings per share at 1.78 USD, compared to market expectations of 1.72 USD.2022-07-20T10:46:09.75"
M&T Bank earnings below expectations at 1.08 USD,Earnings,"M&T Bank earnings below expectations at 1.08 USDUnited States EarningsM&T Bank (MTB) released earnings per share at 1.08 USD, compared to market expectations of 2.44 USD.2022-07-20T10:45:56.583"
Dollar Set to Fall for 4th Straight Session,Currency,"Dollar Set to Fall for 4th Straight SessionUnited States CurrencyThe dollar index fell toward 106.5 on Wednesday and was on track to fall for the fourth straight session, as expectations of a supersized 100 basis point rate hike at next week’s Federal Reserve meeting eased, while other major central banks grew increasingly hawkish to curb surging inflation. The US central bank is on track to raise interest rates by another 75 basis points next week after pushing back against expectations of a bigger full percentage point increase. Meanwhile, European Central Bank officials are considering a bigger 50 basis point rate hike on Thursday to get ahead of inflation, according to a Reuters report. Reserve Bank of Australia Governor Philip Lowe also warned on Wednesday of upside risks to inflation and signaled more policy tightening ahead, while Bank of England Governor Andrew Bailey said on Tuesday that a 50 basis point rate hike will be considered at next week’s meeting.2022-07-20T04:54:35.827"
Nasdaq Futures Gain as Netflix Jumps,Stock Market,"Nasdaq Futures Gain as Netflix JumpsUnited States Stock MarketUS stock futures edged up on Wednesday as stronger-than-expected corporate earnings lifted market sentiment and drove equities higher. Tech-heavy Nasdaq 100 futures jumped 0.4%, while Dow and S&P 500 futures each gained about 0.2%. Netflix shares surged almost 8% in extended trading after reporting 970,000 lost subscribers in the second quarter, less than half of the 2 million it previously predicted. The streamer also plans to offer a lower-cost, ad-supported service in early 2023. In regular trading on Tuesday, the Dow gained 2.43%, the S&P 500 advanced 2.76% and the Nasdaq Composite rallied 3.11%. The three major indexes all closed above their 50-day moving averages for the first time since April on the back of upbeat earnings and a weaker dollar. Investors now look ahead to more earnings reports later this week, including from Tesla, United Airlines, Snap, Twitter and Verizon, among others.2022-07-20T00:41:00"
First Horizon National earnings below expectations at 0.34 USD,Earnings,"First Horizon National earnings below expectations at 0.34 USDUnited States EarningsFirst Horizon National (FHN) released earnings per share at 0.34 USD, compared to market expectations of 0.35 USD.2022-07-19T21:05:28.49"
Omnicom earnings below expectations at 1.46 USD,Earnings,"Omnicom earnings below expectations at 1.46 USDUnited States EarningsOmnicom (OMC) released earnings per share at 1.46 USD, compared to market expectations of 1.57 USD.2022-07-19T21:05:21.427"
J. B. Hunt earnings above expectations at 2.42 USD,Earnings,"J. B. Hunt earnings above expectations at 2.42 USDUnited States EarningsJ. B. Hunt (JBHT) released earnings per share at 2.42 USD, compared to market expectations of 2.35 USD.2022-07-19T21:05:12.05"
Interactive Brokers earnings below expectations at 0.84 USD,Earnings,"Interactive Brokers earnings below expectations at 0.84 USDUnited States EarningsInteractive Brokers (IBKR) released earnings per share at 0.84 USD, compared to market expectations of 0.91 USD.2022-07-19T21:05:04.47"
US Crude Oil Inventories Rise More than Expected: API,API Crude Oil Stock Change,"US Crude Oil Inventories Rise More than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose 1.860 million barrels in the week ended June 15th, 2022, after increasing 4.762 million barrels in the previous week and compared to market expectations of a 0.333 million gain, data from the American Petroleum Institute showed.2022-07-19T20:45:36.92"
Wall Street Ends Sharply Higher,Stock Market,"Wall Street Ends Sharply HigherUnited States Stock MarketThe Dow rallied over 700 points on Tuesday, and the S&P 500 and Nasdaq added 2.8% and 3.3%, respectively, as investors welcomed a slew of upbeat earnings reports while reassessing the outlook for tightening monetary policy. Truist Financial and Citizens Financial Group were the latest banks to report strong results, rising roughly 2% each and pushing other financial shares deep into the green. Halliburton jumped more than 2% after posting an over 40% gain in second-quarter profit driven by high oil prices. Results from Johnson & Johnson also topped estimates, but the company cut its full-year profit and sales forecast due to a hit from a stronger dollar. On the negative side of the ledger, IBM shares tumbled over 5% after lowering its cash flow forecast, despite reporting results that surpassed analysts' earnings and revenue estimates. Meanwhile, Twitter jumped nearly 3% amid news that its lawsuit against Elon Musk over his aggressive takeover will go to trial in October.2022-07-19T20:05:00"
Netflix earnings above expectations at 3.20 USD,Earnings,"Netflix earnings above expectations at 3.20 USDUnited States EarningsNetflix (NFLX) released earnings per share at 3.20 USD, compared to market expectations of 2.96 USD.2022-07-19T20:03:12.757"
US 10-Year Treasury Yield Consolidates Near 3%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Near 3%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged up toward 3% in the third week of July, as investors continued to weigh the outlook of tighter monetary policy. Last Friday, Fed Governor Waller and St Louis Fed Governor James Bullard said they favoured a 75 bps interest rate increase, rather than the 100 bps move. At the same time, recent economic data showed the economy remains robust, despite strong inflation and rising interest rates. Fed policymakers enter a ""blackout"" period this week before the FOMC meeting on July 26th and 27th. Focus this week will be on corporate earnings and housing market indicators.2022-07-19T12:59:00"
US Building Permits Fall for 3rd Month,Building Permits,"US Building Permits Fall for 3rd MonthUnited States Building PermitsBuilding permits in the US, a proxy for future construction, decreased 0.6% to an annualized rate of 1.685 million in June of 2022, the lowest level since September last year and compared to forecasts of 1.65 million. It was the third consecutive month of declines in permits. Single-family authorizations dropped 8% to 0.967 million while authorizations of units in buildings with five units or more climbed 13.1% to 0.666 million. Building permits declined in the Midwest (-15.7%) and the South (-2.1%) but increased in the Northeast (18%) and in the West (5.8%).2022-07-19T12:34:00"
Ally Financial earnings below expectations at 1.76 USD,Earnings,"Ally Financial earnings below expectations at 1.76 USDUnited States EarningsAlly Financial (ALLY) released earnings per share at 1.76 USD, compared to market expectations of 1.86 USD.2022-07-19T11:47:47.757"
Lockheed Martin earnings below expectations at 6.32 USD,Earnings,"Lockheed Martin earnings below expectations at 6.32 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 6.32 USD, compared to market expectations of 6.34 USD.2022-07-19T11:47:41.513"
Halliburton earnings above expectations at 0.49 USD,Earnings,"Halliburton earnings above expectations at 0.49 USDUnited States EarningsHalliburton (HAL) released earnings per share at 0.49 USD, compared to market expectations of 0.45 USD.2022-07-19T11:16:56.937"
Hasbro earnings above expectations at 1.15 USD,Earnings,"Hasbro earnings above expectations at 1.15 USDUnited States EarningsHasbro (HAS) released earnings per share at 1.15 USD, compared to market expectations of 0.95 USD.2022-07-19T10:46:34.027"
Citizens Financial earnings above expectations at 1.14 USD,Earnings,"Citizens Financial earnings above expectations at 1.14 USDUnited States EarningsCitizens Financial (CFG) released earnings per share at 1.14 USD, compared to market expectations of 0.80 USD.2022-07-19T10:46:18.28"
Truist Financial Corp earnings above expectations at 1.20 USD,Earnings,"Truist Financial Corp earnings above expectations at 1.20 USDUnited States EarningsTruist Financial Corp (TFC) released earnings per share at 1.20 USD, compared to market expectations of 1.07 USD.2022-07-19T10:46:07.523"
J&J earnings above expectations at 2.59 USD,Earnings,"J&J earnings above expectations at 2.59 USDUnited States EarningsJ&J (JNJ) released earnings per share at 2.59 USD, compared to market expectations of 2.55 USD.2022-07-19T10:46:01.19"
Dollar Index Falls for 3rd Session,Currency,"Dollar Index Falls for 3rd SessionUnited States CurrencyThe dollar index extended losses for a third day to trade below 107 on Tuesday, after touching 109.29 last week, a level not seen since September of 2002. Traders continue to adjust bets for the next Fed move, with most seeing a 75bps rate hike next week, instead of 100bps. Still, the US dollar remains strong and close to 20-year highs amid soaring inflation and concerns over slower growth and as the Fed is expected to continue to raise rates more quickly than most central banks around the world.2022-07-19T10:12:00"
Signature Bank earnings above expectations at 5.26 USD,Earnings,"Signature Bank earnings above expectations at 5.26 USDUnited States EarningsSignature Bank (SBNY) released earnings per share at 5.26 USD, compared to market expectations of 5.06 USD.2022-07-19T09:44:33.673"
Equity Lifestyle Properties earnings below expectations at 0.33 USD,Earnings,"Equity Lifestyle Properties earnings below expectations at 0.33 USDUnited States EarningsEquity Lifestyle Properties (ELS) released earnings per share at 0.33 USD, compared to market expectations of 0.34 USD.2022-07-19T08:04:47.35"
Dollar Holds Decline as Fed Path Mulled,Currency,"Dollar Holds Decline as Fed Path MulledUnited States CurrencyThe dollar index steadied around 107.5 on Tuesday after sliding for two straight days, as traders reassessed the Federal Reserve’s policy tightening path and dialed back expectations for a bigger full percentage point rate hike that previously emboldened dollar bulls. Markets briefly speculated on a supersized 100 basis point rate increase last week after data showed US inflation accelerated further in June, marking a fresh four-decade high. However, some Fed officials quickly nixed such expectations and signaled that they are on track to raise rates by another 75 basis points this month. Data released Friday also showed consumer inflation expectations softened in July. Meanwhile, the dollar remains close to its highest levels in 20 years, underpinned by a relatively more aggressive US monetary tightening and safe-haven inflows spurred by global recession fears.2022-07-19T03:27:16.02"
US Futures Steady Ahead of More Earnings Results,Stock Market,"US Futures Steady Ahead of More Earnings ResultsUnited States Stock MarketUS stock futures were steady in Asian trade on Tuesday as investors gear up for more earnings reports from major firms, remaining watchful of any potential downside risks. Dow futures held near breakeven, while S&P 500 and Nasdaq 100 futures each rose about 0.2%. IBM fell more than 4% in extended trading despite topping revenue and earnings estimates as the company lowered its forecast for cash flow. In regular trading on Monday, the major averages reversed a morning rally and sold off into the close, with the Dow losing 0.69%, while the S&P 500 and Nasdaq Composite declined 0.84% and 0.81%, respectively. Those moves came after Bloomberg reported that Apple would slow hiring and spending on growth next year to prepare for a possible economic slowdown. Investors now await quarterly reports from Johnson & Johnson, Lockheed Martin and Netflix, among others, later in the global day. Tesla, Twitter, Snap, Verizon and many others will also report later this week.2022-07-19T00:38:24.543"
IBM earnings above expectations at 2.31 USD,Earnings,"IBM earnings above expectations at 2.31 USDUnited States EarningsIBM (IBM) released earnings per share at 2.31 USD, compared to market expectations of 2.27 USD.2022-07-18T20:32:58.677"
US Books Capital Inflow in May,Capital Flows,"US Books Capital Inflow in MayUnited States Capital FlowsThe United States recorded a capital and financial account surplus of USD 182.5 billion in May of 2021, reversing a downwardly revised USD 2.7 billion deficit in the previous month. Foreign investors acquired USD 99.9 billion in Treasuries in May, compared with an outflow of USD 1.2 billion the previous month. Meanwhile, foreigners bought USD 137.4 billion of long-term US securities.2022-07-18T20:21:02.537"
Homebuilder Sentiment Sinks to 2-Year Lows,Nahb Housing Market Index,"Homebuilder Sentiment Sinks to 2-Year LowsUnited States Nahb Housing Market IndexThe NAHB housing market index in the US declined for the seventh month running to hit 55 in July of 2022, the lowest reading since May of 2020 and compared to 67 in June and much lower than forecasts of 65. The 12 points slump was the second largest monthly drop in the survey’s 37-year history. “Production bottlenecks, rising home building costs and high inflation are causing many builders to halt construction because the cost of land, construction, and financing exceeds the market value of the home"". In another sign of a softening market, 13% of builders in the HMI survey reported reducing home prices in the past month to bolster sales and/or limit cancellations”, said NAHB Chairman Jerry Konter. The current sales subindex dropped 12 points to 64; buyer traffic fell to 37 from 48, and sales expectations in the next six months declined by 11 points to 50.  2022-07-18T14:05:00"
Wall Street Rally Gains Steam,Stock Market,"Wall Street Rally Gains Steam United States Stock MarketAll three major US stock indexes added about 1% on Monday as investors welcomed upbeat earnings results from some big banks while scaling back forecasts for rate rises from the Federal Reserve. Goldman Sachs and Bank of America were the latest banks to beat Wall Street's expectations, with shares rising roughly 3% and 1%, respectively. In other corporate news, Boeing surged almost 3% on news that Delta Air Lines bought hundred 737 MAX 10 airplanes. On top of that, several Federal Reserve policymakers have supported raising interest rates another 75 basis points next week to curb inflation, rather than the full percentage point increase predicted by some analysts. 2022-07-18T13:31:00"
Charles Schwab earnings above expectations at 0.97 USD,Earnings,"Charles Schwab earnings above expectations at 0.97 USDUnited States EarningsCharles Schwab (SCHW) released earnings per share at 0.97 USD, compared to market expectations of 0.91 USD.2022-07-18T13:20:49.713"
ProLogis earnings above expectations at 0.82 USD,Earnings,"ProLogis earnings above expectations at 0.82 USDUnited States EarningsProLogis (PLD) released earnings per share at 0.82 USD, compared to market expectations of 0.65 USD.2022-07-18T12:18:59.97"
"Wall Street Set to Rally at the Open, GS Results Beat",Stock Market,"Wall Street Set to Rally at the Open, GS Results BeatUnited States Stock MarketUS stocks are set to extend Friday's rally and open sharply higher on Monday, as investors scaled back expectations the Fed will deliver a big rate hike next week. Traders now mostly bet on a 75bps increase in the fed funds rate, instead of 100bps last week. Meanwhile, focus turns to the earnings season which enters a busy phase. Goldman Sachs profit, revenue and earnings topped estimates, sending the bank's shares more than 2% higher in pre-market trading. Stocks of Boeing jumped more than 4% in pre-market hours after the company announced that Delta Air Lines ordered 100 Boeing 737 Max jets. On the other hand, earnings from Bank of America came slightly below forecasts. Contracts on the three key index futures were up more than 1%.2022-07-18T12:05:00"
Bank Of America earnings below expectations at 0.73 USD,Earnings,"Bank Of America earnings below expectations at 0.73 USDUnited States EarningsBank Of America (BAC) released earnings per share at 0.73 USD, compared to market expectations of 0.75 USD.2022-07-18T12:01:05.6"
Goldman Sachs earnings above expectations at 7.73 USD,Earnings,"Goldman Sachs earnings above expectations at 7.73 USDUnited States EarningsGoldman Sachs (GS) released earnings per share at 7.73 USD, compared to market expectations of 6.64 USD.2022-07-18T11:52:12.28"
Synchrony Financial earnings above expectations at 1.60 USD,Earnings,"Synchrony Financial earnings above expectations at 1.60 USDUnited States EarningsSynchrony Financial (SYF) released earnings per share at 1.60 USD, compared to market expectations of 1.41 USD.2022-07-18T10:45:57.967"
"US Treasury Yields Little Changed, 75Bps Rate Hike Expected",Government Bond 10Y,"US Treasury Yields Little Changed, 75Bps Rate Hike ExpectedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was little changed at 2.9% in the third week of July, below 3% hit early in the month, as investors appear to scale back expectations the Fed will deliver a big 100bps rate hike next week. Last Friday, Fed Governor Waller and St Louis Fed Governor James Bullard said they favoured a 75 bps interest rate increase, rather than the 100 bps move. At the same time, recent economic data showed the economy remains robust, despite strong inflation and rising interest rates. Fed policymakers enter a ""blackout"" period this week before the FOMC meeting on July 26th and 27th. Focus this week will be on corporate earnings and housing market indicators. 2022-07-18T08:42:00"
State Street earnings above expectations at 1.94 USD,Earnings,"State Street earnings above expectations at 1.94 USDUnited States EarningsState Street (STT) released earnings per share at 1.94 USD, compared to market expectations of 1.77 USD.2022-07-15T14:22:08.69"
US Business Inventories Above Expectations,Business Inventories,"US Business Inventories Above ExpectationsUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 1.4 percent from a month earlier in May of 2022, picking up from an upwardly revised 1.3 percent gain in the prior month and slightly above market expectations of a 1.3 percent increase. Stocks rose at a faster pace for manufacturers (1.3 percent vs 0.8 percent in April) and retailers (1.1 percent vs 0.8 percent), while inventory growth eased for merchant wholesalers (1.8 percent vs 2.3 percent). Year-on-year, business inventories jumped by 17.7 percent in May.
2022-07-15T14:04:58.333"
US Manufacturing Output Falls More Than Expected,Manufacturing Production MoM,"US Manufacturing Output Falls More Than ExpectedUnited States Manufacturing Production MoMManufacturing production in the United States fell 0.5 percent in June of 2022, the same as in the previous month and more than market forecasts of a 0.1 percent decrease. Durable manufacturing went down 0.3 percent, as declines of more than 1 percent in primary metals, machinery, and motor vehicles and parts outweighed gains of more than 1 percent in miscellaneous manufacturing and in electrical equipment, appliances, and components. Nondurable manufacturing fell 0.8 percent, with every group except for two posting a decline of at least 0.8 percent; apparel and leather recorded a gain of 2.5 percent, while chemicals registered a dip of 0.1 percent. The index for other manufacturing (publishing and logging) moved down 0.2 percent.0.50 percent in June from -0.50 percent in May of 2022. Capacity utilization for manufacturing fell 0.5 percentage point in June to 79.3 percent, 1.1 percentage points above its long-run average.2022-07-15T13:22:00"
Dollar Remains Strong,Currency,"Dollar Remains StrongUnited States CurrencyThe dollar index eased slightly to 108.2 on Friday, as investors digest a batch of economic data, including upbeat retail sales and slower import prices. Still, the greenback hovers close to levels not seen in 20 years as investors continue to bet on strong interest rate hikes by the Fed. After the US inflation rate came higher than expected the possibility of a 100bps rate hike in the fed funds rate later this month increased. That would be the largest increase since the central bank started directly using overnight interest rates to conduct monetary policy in the early 1990s. 2022-07-15T13:02:00"
Progressive earnings below expectations at -0.94 USD,Earnings,"Progressive earnings below expectations at -0.94 USDUnited States EarningsProgressive (PGR) released earnings per share at -0.94 USD, compared to market expectations of 0.93 USD.2022-07-15T12:49:21.827"
Citigroup earnings above expectations at 2.19 USD,Earnings,"Citigroup earnings above expectations at 2.19 USDUnited States EarningsCitigroup (C) released earnings per share at 2.19 USD, compared to market expectations of 1.65 USD.2022-07-15T12:49:04.787"
NY Business Activity Beats Forecasts,NY Empire State Manufacturing Index,"NY Business Activity Beats Forecasts United States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index rose to 11.1 in July of 2022 from -1.2 in June, the highest in three months and beating market expectations of -2. New orders increased marginally, and shipments expanded significantly. Unfilled orders edged lower for a second consecutive month. Delivery times lengthened at the slowest pace in months, and inventories picked up. Labor market indicators pointed to a solid increase in employment and a slightly longer average workweek. While still elevated, both the prices paid and prices received indexes moved significantly lower, pointing to a deceleration in price increases. Firms turned pessimistic about the six-month outlook, a rare occurrence in the survey’s history.2022-07-15T12:43:00"
US Import Prices Rise Less than Forecast,Import Prices MoM,"US Import Prices Rise Less than ForecastUnited States Import Prices MoMImport prices in the US increased 0.2 percent from a month earlier in June of 2022, following an upwardly revised 0.6 percent rise in May and below market expectations of 0.7 percent. Fuel prices rose 5.7 percent, easing from 6.5 percent the previous month, the first slowdown since December of 2021. Meanwhile, prices for nonfuel imports fell 0.5 percent, marking the second consecutive month of declines. Compared to the same period last year, US import prices advanced by 10.7 percent versus 11.7 percent in May.2022-07-15T12:36:00"
US Export Price Inflation Slows More than Expected,Export Prices MoM,"US Export Price Inflation Slows More than ExpectedUnited States Export Prices MoMUS export prices increased by 0.7 percent from a month earlier in June of 2022, easing from an upwardly revised 2.9 percent advance in May and below market expectations of a 1.2 percent gain. The cost of nonagricultural exports increased 0.9 percent, as higher prices for nonagricultural industrial supplies and materials more than offset lower prices for nonagricultural food, capital goods, and consumer goods. On the other hand, export agricultural prices fell 0.3 percent, the first monthly drop since September 2021, as lower prices for corn, other animal feeds, and cotton more than offset higher soybean prices. Year-on-year, export prices climbed 18.2 percent. 2022-07-15T12:35:00"
Bank Of New York Mellon earnings below expectations at 1.03 USD,Earnings,"Bank Of New York Mellon earnings below expectations at 1.03 USDUnited States EarningsBank Of New York Mellon (BK) released earnings per share at 1.03 USD, compared to market expectations of 1.13 USD.2022-07-15T11:16:52.08"
PNC earnings above expectations at 3.42 USD,Earnings,"PNC earnings above expectations at 3.42 USDUnited States EarningsPNC (PNC) released earnings per share at 3.42 USD, compared to market expectations of 3.16 USD.2022-07-15T11:16:45.513"
US Bancorp earnings above expectations at 1.09 USD,Earnings,"US Bancorp earnings above expectations at 1.09 USDUnited States EarningsUS Bancorp (USB) released earnings per share at 1.09 USD, compared to market expectations of 1.06 USD.2022-07-15T11:16:38.913"
BlackRock earnings below expectations at 7.36 USD,Earnings,"BlackRock earnings below expectations at 7.36 USDUnited States EarningsBlackRock (BLK) released earnings per share at 7.36 USD, compared to market expectations of 8.55 USD.2022-07-15T11:16:32.3"
Wells Fargo earnings below expectations at 0.82 USD,Earnings,"Wells Fargo earnings below expectations at 0.82 USDUnited States EarningsWells Fargo (WFC) released earnings per share at 0.82 USD, compared to market expectations of 0.85 USD.2022-07-15T11:16:25.987"
UnitedHealth earnings above expectations at 5.57 USD,Earnings,"UnitedHealth earnings above expectations at 5.57 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 5.57 USD, compared to market expectations of 5.21 USD.2022-07-15T10:14:39.907"
Dollar Rally Pauses as Traders Mull Rates Path,Currency,"Dollar Rally Pauses as Traders Mull Rates PathUnited States CurrencyThe dollar index held steady around 108.6 on Friday, hovering near a 20-year high hit in the previous session and pausing its relentless rally, as two Federal Reserve policymakers nipped speculations for a bigger 100 basis point rate hike. Fed Governor Christopher Waller and St. Louis Fed President James Bullard said in separate statements that they favored another 75 basis point increase for July despite higher-than-expected inflation figures. Latest data showed that US inflation surged 9.1% in June 2022 from a year ago, hitting its highest level since 1981 and piling pressure on the Federal Reserve to respond more aggressively. Still, the dollar was on track for its third straight weekly advance as it also benefited from safe-haven inflows spurred by growing fears of an economic slowdown.2022-07-15T06:11:24.543"
Cintas earnings above expectations at 2.81 USD,Earnings,"Cintas earnings above expectations at 2.81 USDUnited States EarningsCintas (CTAS) released earnings per share at 2.81 USD, compared to market expectations of 2.69 USD.2022-07-14T13:51:01.153"
Conagra Foods earnings above expectations at 0.65 USD,Earnings,"Conagra Foods earnings above expectations at 0.65 USDUnited States EarningsConagra Foods (CAG) released earnings per share at 0.65 USD, compared to market expectations of 0.63 USD.2022-07-14T11:47:44.6"
First Republic Bank earnings above expectations at 2.16 USD,Earnings,"First Republic Bank earnings above expectations at 2.16 USDUnited States EarningsFirst Republic Bank (FRC) released earnings per share at 2.16 USD, compared to market expectations of 2.10 USD.2022-07-14T11:47:31.893"
Morgan Stanley earnings below expectations at 1.44 USD,Earnings,"Morgan Stanley earnings below expectations at 1.44 USDUnited States EarningsMorgan Stanley (MS) released earnings per share at 1.44 USD, compared to market expectations of 1.57 USD.2022-07-14T11:47:25.503"
JPMorgan earnings below expectations at 2.76 USD,Earnings,"JPMorgan earnings below expectations at 2.76 USDUnited States EarningsJPMorgan (JPM) released earnings per share at 2.76 USD, compared to market expectations of 2.94 USD.2022-07-14T10:55:41.067"
US 10-Year Treasury Yield Consolidates Near 3%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Near 3%United States Government Bond 10YThe 10-year US Treasury note yield, which sets the tone for corporate and household borrowing costs worldwide, consolidated around 3% as investors assessed the outlook for tightening monetary policy after a hotter-than-expected US inflation reading. The annual increase of the CPI rose to 9.1% in June, the highest since 1981, boosting bets on a possible 100 basis point rate rise by the Federal Reserve this month while raising concern over a possible recession. The gap between 2 and 10-year bond yields widened by almost 30 basis points, the largest in over two decades. This closely-watched part of the US yield curve, viewed as a proxy for recession risks, has been inverted in the last several trading sessions.2022-07-14T10:36:06.083"
Visa earnings above expectations at 1.79 USD,Earnings,"Visa earnings above expectations at 1.79 USDUnited States EarningsVisa (V) released earnings per share at 1.79 USD, compared to market expectations of 1.65 USD.2022-07-14T08:01:41.373"
US Futures Fall After Hot Inflation Report,Stock Market,"US Futures Fall After Hot Inflation ReportUnited States Stock MarketUS stock futures fell in Asian trade on Thursday after June inflation data came in hotter than expected, piling pressure on the Federal Reserve to respond more aggressively. Futures contracts tied to the three major indexes all traded in negative territory. In regular trading on Wednesday, the major averages finished lower as investors reacted to the latest inflation reading, with the Dow losing 0.67%, while the S&P 500 and Nasdaq Composite fell 0.45% and 0.15%, respectively. The annual inflation rate in the US surged 9.1% in June 2022, hitting its highest level since 1981 and exceeding expectations for an 8.8% increase. Atlanta Fed President Raphael Bostic said “everything is in play” when asked by reporters if a full percentage point hike was on the table, while Cleveland Fed President Loretta Mester said there was “no reason” for raising rates by less than 75 basis points. Meanwhile, the earnings season continues Thursday with JPMorgan and Morgan Stanley set to report pre-market.2022-07-14T00:36:00"
US June Budget Deficit Larger than Expected,Government Budget Value,"US June Budget Deficit Larger than ExpectedUnited States Government Budget ValueThe US government budget deficit narrowed sharply to USD 89 billion in June of 2022 from USD 174 billion in the corresponding period of the previous year, compared to market expectations of a USD 76.5 billion gap. Receipts grew by 3 percent to USD 461 billion, marking a fresh record for the month of June as tax collections grew for individuals and corporations over the prior 12 months. At the same time, outlays fell by 12 percent from the previous year to USD 550 billion, largely due to the decline in pandemic-related relief for citizens and assistance to small businesses. The US federal deficit was at USD 515 billion in the nine months of the 2022 fiscal year, 77% lower than the USD 2,238 billion from the corresponding period of 2021.2022-07-13T18:08:00"
10-Year Treasury Yield Retreats to 2.9%,Government Bond 10Y,"10-Year Treasury Yield Retreats to 2.9%United States Government Bond 10YThe yield on the 10-year US Treasury note, which sets the tone for corporate and household borrowing costs worldwide, retreated back to the 2.9% level as investors continued to assess the risks of a recession following the release of higher than expected inflation in the US. The annual increase of the CPI rose to 9.1% in June, the highest since 1981, and added pressure on the Federal reserve to stick to aggressive interest rate hikes to lower demand in the American economy. Meanwhile, the gap between 2 and 10-year bond yields widened to 20 basis points, the largest since at least March 2010. This closely-watched part of the US yield curve, viewed by many as a warning for economic contraction, has been inverted in the last several trading sessions.2022-07-13T17:29:00"
DXY Retreats from 20-Year High,Currency,"DXY Retreats from 20-Year HighUnited States CurrencyThe dollar reversed course after hitting a fresh 20-year high of 107.58 earlier in the day, as investors took profits from recent gains following a hotter-than-expected CPI report. The annual inflation rate in the US accelerated to 9.1% in June, the highest since November of 1981, and above market forecasts of 8.8%. Also, core prices, a measure that strips out volatile food and energy components, increased by 5.9%, a slower pace than May’s 6% but also beating expectations of 5.7%. Following a stronger-than-expected jobs report on Friday, the hot inflation reading likely confirms that the Federal Reserve will stick to its aggressive tightening path to arrest rising consumer prices. The central bank is widely seen hiking interest rates by another 75 basis points this month following a similar move in June.2022-07-13T15:40:00"
US Crude Stocks Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 3.254 million barrels in the week ended July 8th, after an 8.235 million increase in the previous period, while analysts expected a 0.154 million drop. Crude stocks at Cushing, Oklahoma, rose by 0.316 million barrels, up from a 0.069-million-barrel injection in the previous period. Gasoline stocks rose by 5.825 million barrels, against forecasts of a 0.357 million decline. Distillate stockpiles, which include diesel and heating oil, increased by 2.668 million barrels, above expectations for a 1.591 million increase.2022-07-13T14:39:22.823"
DXY Strengthens Past 108.5,Currency,"DXY Strengthens Past 108.5United States CurrencyThe dollar index jumped to as high as 108.57 on Wednesday, its highest level in 20 years, after data showed US consumer prices rose more than expected in June. The annual inflation rate in the US accelerated to 9.1% in June, the highest since November of 1981, and above market forecasts of 8.8%. Also, core prices, a measure that strips out volatile food and energy components, increased by 5.9%, a slower pace than May’s 6% but also beating expectations of 5.7%. Following a stronger-than-expected jobs report on Friday, the hot inflation reading likely confirms that the Federal Reserve will stick to its aggressive tightening path to arrest rising consumer prices. The central bank is widely seen hiking interest rates by another 75 basis points this month following a similar move in June. The dollar also benefited from safe-haven inflows as investors looked to hedge against surging inflation and recession risks.2022-07-13T12:36:00"
Fastenal earnings meet market expectations at 0.50 USD,Earnings,"Fastenal earnings meet market expectations at 0.50 USDUnited States EarningsFastenal (FAST) released earnings per share at 0.50 USD, in line with market expectations.2022-07-13T11:16:19.703"
Delta Air Lines earnings below expectations at 1.44 USD,Earnings,"Delta Air Lines earnings below expectations at 1.44 USDUnited States EarningsDelta Air Lines (DAL) released earnings per share at 1.44 USD, compared to market expectations of 1.65 USD.2022-07-13T10:45:28.747"
Dollar Stands Tall as Inflation Data Looms,Currency,"Dollar Stands Tall as Inflation Data LoomsUnited States CurrencyThe dollar index held steady above 108 on Wednesday, hovering near its highest levels in 20 years, as investors brace for key US inflation data that is likely to shed light on the Federal Reserve’s policy tightening path. The US Labor Department's latest CPI due later today is expected to have accelerated 8.8% in June from a year ago, which would be the biggest increase since 1981. In addition to a stronger-than-expected jobs report on Friday, a hot inflation reading would likely confirm that the Fed will stick to its aggressive tightening path to arrest rising consumer prices. The central bank is widely seen hiking interest rates by another 75 basis points this month following a similar move in June. The dollar also benefited from safe-haven inflows as investors looked to hedge against surging inflation and recession risks.2022-07-13T06:08:18.147"
US Futures Inch Up as Inflation Data Looms,Stock Market,"US Futures Inch Up as Inflation Data LoomsUnited States Stock MarketUS stock futures inched higher in Asian trade on Wednesday as investors looked ahead to a key inflation report that is expected to remain hot. Futures contracts tied to the three major indexes drifted flat to slightly positive. In regular trading on Tuesday, the Dow fell 0.62%, while the S&P 500 and Nasdaq Composite lost 0.92% and 0.95%, respectively. Those moves came as investors braced for US inflation data that is expected to climb 8.8% in June from a year earlier, which would be the biggest increase since 1981. In addition to a stronger-than-expected jobs report on Friday, the hot inflation reading would likely confirm that the Federal Reserve will stick to its aggressive tightening path. The Fed is widely seen hiking interest rates by another 75 basis points this month following a similar move in June. Investors also await more quarterly earnings as major banks are slated to report this week.2022-07-13T01:16:00"
PepsiCo earnings above expectations at 1.86 USD,Earnings,"PepsiCo earnings above expectations at 1.86 USDUnited States EarningsPepsiCo (PEP) released earnings per share at 1.86 USD, compared to market expectations of 1.74 USD.2022-07-12T10:14:40.633"
US Small Business Optimism Nearly 9-1/2-Year Low,NFIB Business Optimism Index,"US Small Business Optimism Nearly 9-1/2-Year LowUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index in the United States decreased to 89.5 in June of 2022, the lowest since January 2013, and compared to 93.1 in May. A net negative 61% of small business owners expect better business conditions over the next six month, the lowest level recorded in the 48-year survey.2022-07-12T10:12:11.46"
US Futures Fall as Earnings Season Kicks Off,Stock Market,"US Futures Fall as Earnings Season Kicks OffUnited States Stock MarketUS stock futures fell on Tuesday as investors look ahead to the start of the second quarter earnings season that is expected to spur further volatility. Futures contracts tied to the three major indexes all traded in negative territory. In regular trading on Monday, the Dow fell 0.52%, while the S&P 500 and Nasdaq Composite tumbled 1.15% and 2.26%, respectively. Those moves came as investors geared up for potential downside risks from upcoming earnings reports, as companies grapple with surging inflation, rising interest rates and mounting recession risks. PepsiCo is set to report earnings on Tuesday, followed by Delta Air Lines, JPMorgan Chase, Morgan Stanley, Wells Fargo and Citigroup later in the week. Markets are also keenly awaiting the June consumer prices index report due on Wednesday, which is expected to show an acceleration in prices, bolstering the case for another supersized rate hike from the Federal Reserve this month.2022-07-12T00:39:00"
10-Year Treasury Note Eases Below 3%,Government Bond 10Y,"10-Year Treasury Note Eases Below 3%United States Government Bond 10YThe yield on the 10-year US Treasury note, which sets the tone for corporate and household borrowing costs worldwide, eased to below the 3% mark as investors continued to assess recession risks against the outlook of interest rate hikes by the Federal Reserve. A batch of economic data, including June consumer prices, will give further information on the Fed's aggressiveness in its subsequent decision. Several policymakers, including Chair Jerome Powell, already backed a 75bps rate hike in the central bank's next meeting while saying that monetary policy needs to be more restrictive to tame inflation, even if it hampers growth. Meanwhile, the yield for the 2-year instrument was at nearly 3.1%, remaining above its 10-year counterpart and reflecting a higher perceived risk for the short-term.2022-07-11T21:55:00"
Wall Street Begins Week with Losses,Stock Market,"Wall Street Begins Week with LossesUnited States Stock MarketThe Dow Jones lost over 100 points on Monday, while the S&P 500 and the Nasdaq were down roughly 1% and 2%, respectively, as investors appeared quite reluctant to open new positions ahead of a busy week of economic data and earnings reports. With sentiment rattled by worries that an aggressive tightening from the Federal Reserve will drag the economy into a recession, investors will await essential inflation and consumer confidence data later this week for clues on the central bank's rate-hike path. At the same time, the start of the corporate earnings season will provide investors with further clues about the health of corporate America. Meanwhile, Twitter shares slumped about 10% after Elon Musk said he canceled his takeover deal because the social media company violated several merger agreement provisions.2022-07-11T15:30:50.827"
Wall Street Struggles to Maintain Momentum,Stock Market,"Wall Street Struggles to Maintain MomentumUnited States Stock MarketAll three major US stock indexes opened Monday's session in the red, struggling to build on the momentum from last week's solid performance as investors refrained from placing big bets ahead of a busy week of economic data and earnings reports. With sentiment rattled by worries that an aggressive tightening from the Federal Reserve will drag the economy into a recession, investors will await essential inflation and consumer confidence data later this week for clues on the central bank's rate-hike path. Aside from the recession narrative, earnings from several US companies, particularly those from JPMorgan Chase, Morgan Stanley, Wells Fargo, and Citigroup, due at the end of the week, will be a crucial driver for prices. Meanwhile, Twitter shares slumped about 10% after Elon Musk said he canceled his takeover deal because the social media company violated several merger agreement provisions.2022-07-11T13:39:00"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open LowerUnited States Stock MarketUS stock futures tracking the broader market were down roughly 0.5%, putting major indexes on track to open lower as investors appeared quite reluctant to open new positions ahead of a busy week of economic data and earnings reports. Last week wrapped up with a stronger-than-expected jobs report, which, in turn, allayed fears of an economic slowdown but reinforced the Federal Reserve’s case for continued aggressive tightening. Investors now await the June consumer price index to be released on Wednesday and the July consumer sentiment report on Friday for further clues on the central bank’s rate-hike path. Meanwhile, Twitter shares slumped about 10% in premarket trading after Elon Musk said he canceled his takeover deal because the social media company violated several merger agreement provisions. 2022-07-11T09:49:00"
US 10-Year Treasury Yield Consolidates Above 3%,Government Bond 10Y,"US 10-Year Treasury Yield Consolidates Above 3%United States Government Bond 10YThe 10-year US Treasury note yield, which sets the tone for corporate and household borrowing costs worldwide, consolidated above 3% as investors assessed the outlook for tightening monetary policy ahead of a critical US inflation. Last week wrapped up with a stronger than expected jobs report, sparking speculation of more aggressive interest rate rises by the Federal Reserve. Several policymakers, including Chair Jerome Powell, already backed a 75bps rate hike in the central bank's next meeting while saying that monetary policy needs to be more restrictive to tame inflation, even if it hampers growth. 2022-07-11T09:18:58.81"
US 10-Year Treasury Note Yield Rebounds on Week,Government Bond 10Y,"US 10-Year Treasury Note Yield Rebounds on WeekUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose for the third straight session to 3.08% on Friday, as traders assessed the Federal Reserve’s tightening outlook amid stronger-than-expected payroll data. Meanwhile, this week’s upbeat economic data and new insights from Fed policymakers further cemented a 75bps raise in the fed funds at its July meeting. Also, minutes from the FOMC’s June meeting indicated that policymakers agreed that monetary policy needs to be more restrictive to tame inflation, even if it hampers growth. Still, the 2-year, 10-year part of the yield curve remained inverted, reflecting an increase in short-term risk perception and often seen as an indicator that a recession could follow in one-to-two years. For the week, the yield rose by 18 basis points.2022-07-08T20:40:35.78"
US Consumer Credit Growth Misses Forecasts,Consumer Credit,"US Consumer Credit Growth Misses ForecastsUnited States Consumer CreditConsumer credit in the United States increased by USD 22.35 billion in May of 2022, slowing significantly from a downwardly revised USD 36.76 billion gain in the previous month and well below market expectation of a USD 31.9 billion rise. Revolving credit, which includes credit card debt, rose by USD 7.42 billion while non-revolving credit, which includes auto and student loans went up by USD 14.93 billion. On an annual basis, consumer credit went up 5.9 percent, following a downwardly revised 9.7 percent increase in April.
2022-07-08T19:05:00"
Greenback Flat at Near 2-Decade High,Currency,"Greenback Flat at Near 2-Decade HighUnited States CurrencyThe dollar index moved sideways 107.1 on Friday afternoon, after hitting a fresh two-decade high after the US jobs report release. Investors continued to assess what the larger-than-expected increase in employment in June would do for the Fed’s rate hike plans after July, as little doubt remains that the funds rate will increase by 75 bps later this month. In the latest Fed insights, two of the most hawkish policymakers, Christopher Waller and James Bullard, backed raising interest rates by another 75 basis points this month to curb red-hot inflation, in line with market expectations since the FOMC minutes release earlier this week. An aggressive stance against inflation among major economies also stoked fears of a global economic slowdown, prompting investors to rush for the safe-haven dollar. The greenback rose especially against the euro, as the bloc’s natural gas shortages risk derailing its economy. 2022-07-08T17:15:21.553"
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketUSNDX increased to a 4-week high of 121862022-07-08T15:09:56.677
US Wholesale Inventories Revised Slightly Down,Wholesale Inventories,"US Wholesale Inventories Revised Slightly DownUnited States Wholesale InventoriesWholesale inventories in the US increased by 1.8 percent from a month earlier to $878.6 billion in May of 2022, slightly below an initial estimate of 2 percent and after a 2.3 percent rise in the previous month. It was the 22th straight month of gains, as both durable goods (1.8 percent vs 2.3 percent in April) and nondurable (1.8 percent vs 2.3 percent) stocks increased. On an annual basis, wholesale inventories jumped 24.7 percent in May, also slightly below an earlier reading of 25 percent.2022-07-08T14:07:00"
Treasury Yields Jump Following Payroll Data,Government Bond 10Y,"Treasury Yields Jump Following Payroll DataUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose to the 3.1% mark after the US payrolls report showed larger than expected employment figures in June, strengthening bets of an aggressive 75bps rate hike by the Federal Reserve this month. Earlier this week, both Fed's Christopher Waller and James Bullard backed a 75bps raise in the fed funds, while minutes from the FOMC’s June meeting indicated that policymakers agreed that monetary policy needs to be more restrictive to tame inflation, even if it hampers growth. Still, the 2-year, 10-year part of the yield curve remained inverted, reflecting an increase in short-term risk perception and often seen as an indicator that a recession could follow in one-to-two years.2022-07-08T12:50:00"
DXY Hits New 20-Year High,Currency,"DXY Hits New 20-Year HighUnited States CurrencyThe dollar index edged up to 107.3 on Friday, the highest since September 2002 after the US jobs report showed a larger-than-expected increase in employment in June, bolstering the case for another supersized rate hike from the Federal Reserve. In the latest Fed commentary, two of the most hawkish policymakers, Christopher Waller and James Bullard, backed raising interest rates by another 75 basis points this month to curb red-hot inflation. An aggressive stance against inflation among major economies also stoked fears of a global economic slowdown, prompting investors to rush for the safe-haven dollar. The greenback gained markedly against the euro as looming gas shortages in Europe threaten to derail the region's economic growth. 2022-07-08T12:39:00"
US Jobless Rate Steady for 4th Month,Unemployment Rate,"US Jobless Rate Steady for 4th MonthUnited States Unemployment RateThe US unemployment rate was unchanged at 3.6 percent in June of 2022, the same as in the previous three months, remaining the lowest since February 2020 and in line with market expectations. The number of unemployed people decreased by 38 thousand to 5.912 million, while employment levels fell by 315 thousand to 158.111 million. Meanwhile, the labor force participation rate edged down to 62.2 percent in June fom 62.3 percent in May.2022-07-08T12:33:00"
US Wage Growth Eases in June,Average Hourly Earnings,"US Wage Growth Eases in JuneUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls in the US rose by 10 cents, or 0.3%, to $32.08 in June of 2022, following an upwardly revised 0.4% gain in the prior month and matching market estimates. In June, average hourly earnings of private-sector production and nonsupervisory employees rose by 13 cents, or 0.5%, to $27.45. Over the past 12 months, average hourly earnings have increased by 5.1%, following an upwardly revised 5.3% rise and slightly above market forecasts of a 5% gain.2022-07-08T12:32:00"
Treasury Yields Edge Lower Ahead of NFP,Government Bond 10Y,"Treasury Yields Edge Lower Ahead of NFPUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note fell below 3% on Friday, as investors were cautious ahead of the payrolls report which will offer a further update on the strenght of the American economy. A strong NFP would raise the odds for a 75 bps rate hike later this month while a slowdown in wage growth could open the door for bets of a smaller 50 bps increase. Early this week, both Fed's Christopher Waller and James Bullard backed a 75bps raise in the fed funds rate this month. Still, the 2-year, 10-year part of the yield curve remained inverted, which is usually seen as an indicator that a recession will follow in one-to-two years. 2022-07-08T09:50:00"
Dollar Holds Firm Ahead of US Jobs Data,Currency,"Dollar Holds Firm Ahead of US Jobs DataUnited States CurrencyThe dollar index held firmly above 107 on Friday, inching closer to a fresh 20-year high, as investors await US jobs data which is expected to remain solid in June, bolstering the case for another supersized rate hike from the Federal Reserve. In the latest Fed commentary, two of the most hawkish policymakers, Christopher Waller and James Bullard, backed raising interest rates by another 75 basis points this month to curb red-hot inflation. An aggressive stance against inflation among major economies also stoked fears of a global economic slowdown, prompting investors to rush for the safe-haven dollar. The greenback gained markedly against the euro as looming gas shortages in Europe threatens to derail the region's economic growth. The dollar index is up almost 2% so far this week and is headed for its second straight weekly gain.2022-07-08T05:01:00"
US Futures Ease Ahead of Key Jobs Report,Stock Market,"US Futures Ease Ahead of Key Jobs ReportUnited States Stock MarketUS stock futures eased on Friday after the major averages rallied in the regular session, as investors brace for a highly anticipated monthly jobs report due Friday. Dow futures fell 0.15%, while S&P 500 and Nasdaq 100 futures each lost about 0.2%. In regular trading on Thursday, the S&P 500 and Nasdaq Composite posted their fourth straight day of gains, rallying 1.5% and 2.3%, respectively. The Dow also gained 1.1% for its third winning session in four. Energy stocks led the advance as oil prices rebounded, with gains from Exxon Mobil (3.2%), Chevron (2%)  and Occidental Petroleum (4%). Chipmakers also boosted the technology sector after Samsung posted its best April-June quarterly profit in three years. Investors now look ahead to a key jobs report which is expected to show another month of strong hiring, bolstering the case for another supersized rate increase from the Federal Reserve.2022-07-08T00:13:00"
US 10-Year Treasury Note Yield Recovers Firmly,Government Bond 10Y,"US 10-Year Treasury Note Yield Recovers Firmly United States Government Bond 10YThe yield on the benchmark 10-year Treasury note went up to 3% on Thursday, rising for the 2nd straight session, as investors weighed the Fed’s resolve in bringing down inflation. Governor Waller said on Thursday he’ll be supporting a 75 bps rate hike later this month, and most likely a 50 bps hike in September, before starting the debate around 25 bps increases. At the same time, St. Louis Fed’s Bullard reiterated calls to get the funds rate at 3.5% later this year, which would leave room for two 50 bps rate hikes after the July meeting. Lastly, the FOMC June meeting minutes consolidated bets for another 75 bps rate hike as Fed is set to continue an aggressive monetary policy stance to curb inflation. The jobs report on Friday will be the next major release this week, to offer clues on how much tighter conditions will get this year, after seeing higher-than-expected rise in initial jobless claims earlier.2022-07-07T20:59:04.127"
US Stocks End in Positive Territory,Stock Market,"US Stocks End in Positive TerritoryUnited States Stock MarketAll three major stock indices closed higher on Thursday, with the Dow up 347 points, the S&P 500 booked a 1.5% gain and the Nasdaq ended 2.3% higher, with the latter two indices extending gains for the fourth session in a row. Cyclicals and commodity-linked stocks led the climbs, as softer jobs data calmed concerns about the extent of the Fed’s tightening. Also, St Louis Fed’s Bullard pushed back against recession calls and Governor Waller noted that recession woes were overblown. Meanwhile chipmakers Micron, AMD and Nvidia got a boost after Samsung posted its best April-June quarterly profit in three years. Shares of GameStop surged 15.1% after the company said a 4-for-1 stock split was approved by its board. Meanwhile, traders were looking forward to the jobs report due tomorrow, after monitoring a higher-than-expected rise in initial jobless claims.
2022-07-07T20:03:00"
"US Stocks Extend Gains, Energy Rebound",Stock Market,"US Stocks Extend Gains, Energy ReboundUnited States Stock MarketUS stocks extended gains on Thursday, with the Dow Jones adding more than 200 points, while both the S&P 500 and the Nasdaq gained for a fourth consecutive session, as concerns over recession and tight monetary policy to rein in inflation momentarily eased. Energy and financial stocks led gains, following several sessions of declines, while chipmakers Micron, AMD and Nvidia got a boost after Samsung posted its best April-June quarterly profit in three years. Shares of GameStop surged 9% after the company said a 4-for-1 stock split was approved by its board. Meanwhile, traders were looking forward to the jobs report due tomorrow, after monitoring a higher-than-expected rise in initial jobless claims. 2022-07-07T16:16:00"
US Crude Stocks Unexpectedly Rise the Most in 8 Weeks: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Rise the Most in 8 Weeks: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories jumped by 8.235 million barrels in the week July 1st, the most in eight weeks and after a 2.762 million drop in the previous period. It compares with market expectations of a 1.043 million fall. Also, crude stocks at the Cushing, Oklahoma, rose by 0.069 million barrels. On the other hand, gasoline stocks fell by 2.497 million barrels, more than forecasts of a 0.48 million decrease and distillate stockpiles, which include diesel and heating oil, declined by 1.266 million, versus market consensus for a 1.133 million rise. 2022-07-07T15:09:14.867"
Wall Street Opens Higher,Stock Market,"Wall Street Opens HigherUnited States Stock MarketUS stocks opened higher on Thursday, with the Dow Jones adding more than 200 points, while both the S&P 500 and the Nasdaq gained for a fourth consecutive session, as concerns over recession and tight monetary policy to rein in inflation momentarily eased. Shares of energy, financials and consumer discretionary were among the top performers and chipmakers including Micron, AMD and Nvidia got a boost after Samsung posted its best April-June quarterly profit in three years. Shares of GameStop surged 9% after the company said a 4-for-1 stock split was approved by its board. Meanwhile, traders continue to follow fresh labour data ahead of the highly-anticipated jobs report due tomorrow. Initial jobless claims increased more-than-expected to the highest reading since January, remaining below 250K, but pointing to a slowdown in the labour market.2022-07-07T13:37:00"
US Imports Edge Up 0.6% in May,Imports,"US Imports Edge Up 0.6% in MayUnited States ImportsImports to the United States edged up 0.6 percent or USD 1.9 billion from a month earlier to USD 341.4 billion in May of 2022. Services imports rose by USD 1.8 billion to USD 57.5 billion, particularly travel (up 1.0 billion) and transport (up USD 0.4 billion). On the other hand, purchases of goods went down USD 0.1 billion as higher imports of industrial supplies and materials (up 1.8 billion) were offset by lower imports of consumer goods (down 1.5 billion).2022-07-07T12:44:09.09"
US Trade Gap Lowest so Far this Year,Balance of Trade,"US Trade Gap Lowest so Far this YearUnited States Balance of TradeThe trade deficit in the US narrowed by $1.1 billion to a five-month low of $85.5 billion in May of 2022, compared to market forecasts of $84.9 billion, as exports hit a record high while soaring prices and slowing domestic demand weighed on imports. Total exports were up 1.2% to an all-time high of $255.9 billion, prompted by sales of industrial supplies and materials, crude oil, nonmonetary gold, natural gas, pharmaceutical preparations and financial services. Imports increased at a softer 0.6% to $341.4 billion, led by crude oil and other petroleum products, travel (the highest since before the pandemic) and transport while purchases of consumer goods declined. The goods deficit widened with China ($-31.5 billion), the EU ($-21.4 billion) and Canada ($-9.8 billion) but narrowed with Mexico ($-10.6 billion) and Russia ($-1 billion).2022-07-07T12:39:00"
American Electric Power earnings above expectations at 1.21 USD,Earnings,"American Electric Power earnings above expectations at 1.21 USDUnited States EarningsAmerican Electric Power (AEP) released earnings per share at 1.21 USD, compared to market expectations of 1.17 USD.2022-07-07T10:29:25.967"
US Treasury Yields Rise on FOMC,Government Bond 10Y,"US Treasury Yields Rise on FOMC United States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose to approach 3% on Thursday, after FOMC minutes showed the Fed is set to continue an aggressive monetary policy stance to curb inflation, with the odds rising that another 75bps rate hike will come this month. The 2-year, 10-year part of the yield curve reached minus 7 basis points, after inverting on Tuesday for the first time in three weeks, a move that is usually seen as an indicator that a recession will follow in one-to-two years. Still, concerns over a recession prompted by fast rate hikes linger, with recent economic data released this week including the ISM services PMI and the JOLTS report pointing to a slowdown although beating market forecasts. The jobs report on Friday will be the next major release this week.2022-07-07T09:53:00"
Dollar Hovers Near 20-Year High,Currency,"Dollar Hovers Near 20-Year HighUnited States CurrencyThe dollar index traded just below 107 on Thursday, remaining close to its highest levels in 20 years after minutes from the Federal Reserve’s June meeting pointed to consensus that interest rates need to rise further to prevent inflation from becoming entrenched. Policymakers emphasized the importance of fighting higher consumer prices, even if it hampers growth, strengthening bets that the Fed may hike its funds rate by 75bps this month and adding to the dollar’s safety appeal. Demand for the greenback was also supported by the looming energy crisis in Europe and political turmoil in the United Kingdom.2022-07-07T05:50:09.227"
US 10Y Treasury Note Yield Rebounds,Government Bond 10Y,"US 10Y Treasury Note Yield ReboundsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note jumped more than 10 basis points to 2.9% on Wednesday, rebounding from a five-week lows, as upbeat economic data propelled interest rate expectations higher, while investors also digested the FOMC minutes. Fed policymakers viewed that the current economic outlook made a more restrictive stance possible, and would be adopted if inflation becomes sticky, while also stressing the importance of the Fed’s credibility, adding that a 50 or 75 bps rate hike would come in July. Meanwhile, both the June ISM Services PMI and the JOLTS report topped forecasts, pushing back some recession calls and showing an unsustainably tight labor market.2022-07-06T18:33:00"
US Dollar Robust at 20-Year High,Currency,"US Dollar Robust at 20-Year HighUnited States CurrencyThe dollar index was steady above the 107 level on Wednesday, remaining at a 20-year high after minutes from the Federal Reserve’s June meeting pointed to consensus that interest rates need to rise further to prevent inflation from becoming entrenched. Policymakers emphasized the importance of fighting higher consumer prices, even if it hampers growth, strengthening bets that the Fed may hike its funds rate by 75bps this month and adding to the dollar’s safety appeal. Demand for the greenback was also supported by the looming energy crisis in Europe and political turmoil in the United Kingdom.
2022-07-06T18:18:00"
US Services PMI Revised Higher: S&P Global,Services PMI,"US Services PMI Revised Higher: S&P GlobalUnited States Services PMIThe S&P Global US Services PMI was revised higher to 52.7 in June of 2022 from a preliminary of 51.6, and down from 53.4 in May pointing to the weakest rise in activity since January. New orders decrease for the first time in almost two years as sustained price pressures and economic uncertainty hit demand. On the price front, a further substantial rise in input prices was recorded in June, although inflation did ease from May's survey peak. Rising wages played a key role in higher input costs, with increased fuel charges also widely mentioned. Firms often passed on higher costs to their customers, but efforts to stimulate demand led to a further slowdown in charge inflation. Finally, business confidence regarding the year ahead outlook dropped to a 21-month low.2022-07-06T13:59:54.263"
US Private Sector Activity Growth Eases Less than Expected,Composite PMI,"US Private Sector Activity Growth Eases Less than ExpectedUnited States Composite PMIThe S&P Global US Composite PMI was revised higher to 52.3 in June of 2022 from a preliminary of 51.2, down from 53.6 in May, the lowest since January. The slowdown in growth was broad based, with both manufacturing and services seeing weaker increases at the end of the second quarter. Business confidence also waned, dropping to the lowest since September 2020. A weaker expansion in output reflected a renewed contraction in new orders, the first in almost two years. New business was down across both monitored sectors, with new export orders also falling. Rates of input cost and output price inflation remained sharp in June, but eased amid softer demand conditions. The main positive from the latest surveys was a further marked increase in employment, with job creation led by the service sector.2022-07-06T13:52:57.67"
Wall Street Opens Higher,Stock Market,"Wall Street Opens HigherUnited States Stock MarketUS stocks opened slightly higher on Wednesday, after a wild session on Tuesday, and volatility is set to continue as investors weigh growth risks while awaiting the minutes of the Federal Reserve’s last meeting for further clues on the size of this month's rate hike. The ISM non-manufacturing PMI and the JOLTS report will also be in the spotlight. Around 5 minutes after the opening bell, the Dow was up 50 points, and both the S&P 500 and the Nasdaq gained 0.3% each. Real estate, utilities and consumer staples sectors were the top performers while energy, consumer discretionary and financials were the biggest laggards.2022-07-06T13:36:00"
US Mortgage Applications Fall: MBA,Mortgage Applications,"US Mortgage Applications Fall: MBAUnited States Mortgage ApplicationsMortgage applications in the US fell 5.4% in the week ended July 1st, after three consecutive weeks of increases even as mortgage rates dropped for the second week in a row. The purchase index dropped 4.3% and the refinancing 7.7%. Meanwhile, the average contract rate on a 30-year fixed-rate mortgage fell by 10 basis points to 5.74%.  “Mortgage rates decreased for the second week in a row, as growing concerns over an economic slowdown and increased recessionary risks kept Treasury yields lower,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting. “Rates are still significantly higher than they were a year ago, which is why applications for home purchases and refinances remain depressed. Purchase activity is hamstrung by ongoing affordability challenges and low inventory,” said Kan.2022-07-06T11:03:00"
US LMI Index Down to 2-Year Low,Lmi Logistics Managers Index Current,"US LMI Index Down to 2-Year LowUnited States Lmi Logistics Managers Index CurrentThe Logistics Manager’s Index in the US extended the decline for a third month in a row to a two-year low of 65 in June of 2022 from 67.1 in May, staying below the long-term average of 65.3 for the first time since July 2020. Up until 2022, there was high demand for transportation and warehousing and difficulty building up inventories, but the June’s report shows the opposite. Inventory costs lead the way at 83.8, and inventory levels are up (+2.5 to 71.8). Also, transportation price is down 61.3, and slightly below transportation capacity (61.7). It is the first time since April 2020 that transportation prices fall below capacity and when these two lines invert, it often means a serious economic shift has taken place. Meanwhile, warehousing metrics remain elevated, but warehousing prices are down (-9.1 to 78.4).2022-07-06T09:55:00"
US New Light-Vehicle Sales Rise in June,Total Vehicle Sales,"US New Light-Vehicle Sales Rise in JuneUnited States Total Vehicle SalesNew light-vehicle sales in the United States increased 2.3% to 13 million units on a seasonally adjusted basis in June 2022 from the previous month’s sales of 12.7 million units. However, June 2022’s sales were down 16% compared to the same month last year. Demand is still outpacing supply, but a lack of inventory caused by supply chain disruptions continues to be the biggest factor limiting sales, according to NADA’s monthly report. Additionally, the low interest rate environment of the past few years will shift from a tailwind to a headwind as the Federal Reserve continues to boost interest rates in an effort to rein in inflation. Toyota, GM, Ford and Stellantis grabbed the lion’s share of the market, with crossover and pickup trucks accounting for nearly two-thirds of sales.2022-07-06T07:46:43.85"
Dollar Hovers Two-Decade High,Currency,"Dollar Hovers Two-Decade High United States CurrencyThe dollar index held above 106.5 on Wednesday, hovering near its highest levels in 20 years, as mounting recession fears drove investors towards the safe-haven dollar and out of risk-sensitive currencies and commodities. Such economic fears were driven by aggressive interest rate hikes among major central banks aimed at curbing high inflation. The greenback was also underpinned by expectations that the pace of the Federal Reserve’s monetary tightening will not let up in the second half of 2022. Last week, Fed policymakers cemented expectations for further policy tightening, signaling another 75 basis point rate hike in July to arrest surging prices. Investors now await the FOMC minutes release on Wednesday and the payrolls report Friday.2022-07-06T04:53:26.56"
Dollar at 19-1/2-Year High,Currency,"Dollar at 19-1/2-Year HighUnited States CurrencyThe dollar index was sharply higher, rising more than 1% to 106.5 on Tuesday, a level not seen since November of 2002, as pessimism returned due to fears of a recession, especially in Europe, as well as stronger expectations for a more aggressive Fed stance. The euro, which makes up 58% of the dollar index, fell sharply following a slew of downbeat PMI readings and as investors fear that the natural gas crunch may tip Germany’s economy, the largest in the bloc, into a recession. Meanwhile, several Federal Reserve officials have been advocating for another aggressive 75bps rate hike in July to curb surging consumer prices, strengthening expectations for an extended monetary tightening path. Investors now await the FOMC minutes release on Wednesday and the payrolls report Friday.
2022-07-05T19:10:00"
Wall Street Falls as Growth Risks Loom,Stock Market,"Wall Street Falls as Growth Risks LoomUnited States Stock MarketThree main US averages were down more than 1% shortly after the opening bell on Tuesday, as concerns over the possibility of a recession re-emerged amid stubbornly high inflation and tight monetary policy. All sectors were in the red but energy, materials, industrials and financials led the declines while mega-cap growth stocks including Amazon, Microsoft and Alphabet were down nearly 2%. Meanwhile, news that US President Joe Biden may announce as soon as this week a rollback of some US tariffs on Chinese imports failed to boost investors' confidence, with many saying it will not have a big impact on inflation. The focus this week will be on the FOMC minutes release tomorrow and the payrolls report Friday to assess the health of the economy and the likely path for US monetary policy. 2022-07-05T13:35:00"
US Futures Point to Lower Open,Stock Market,"US Futures Point to Lower Open United States Stock MarketUS stock futures reversed early gains to trade lower on Tuesday, as concerns over the possibility of a recession re-emerged amid stubbornly high inflation and tight monetary policy. Demand increased for safe haven assets including the dollar, which appreciated to levels not seen since 2002. Meanwhile, news that US President Joe Biden may announce as soon as this week a rollback of some US tariffs on Chinese imports failed to boost investors' confidence, with many saying it will not have a big impact on inflation. Factory orders are due later in the day but the focus this week will be on the FOMC minutes release tomorrow and the payrolls report Friday to assess the health of the economy and the likely path for US monetary policy. US stock and bond markets were closed yesterday for the Independence Day holiday.2022-07-05T10:03:00"
Dollar Rises to 2002-Highs,Currency,"Dollar Rises to 2002-HighsUnited States CurrencyThe dollar index continued to march higher to hit 106 on Tuesday, the highest level since November of 2002, as pessimism returned due to fears of a recession, specially in Europe, and investors rushed to the safety of the dollar. Meanwhile, the Fed is set to continue its fast monetary tightening to tame inflation, and is expected to raise the fed funds rate either by 50bps or 75bps this month. Investors now await the FOMC minutes release tomorrow for further clues on the size of this month's rate hike while the NFP report due Friday will show if the labour market remains.2022-07-05T09:33:19.65"
Dollar Index Hits 19-1/2-year High,currency,Dollar Index Hits 19-1/2-year HighUnited States currencyDXY increased to a 19-1/2-year high of 105.862022-07-05T08:30:48.767
Dollar Firms Up on Fed Rate Hike Bets,Currency,"Dollar Firms Up on Fed Rate Hike BetsUnited States CurrencyThe dollar index firmed up above 105 on Tuesday, hovering near its highest levels since December 2002, supported by market bets that the Federal Reserve will continue to aggressively raise interest rates to curb surging inflation. Fed policymakers cemented expectations for further monetary tightening, signaling another 75 basis point interest rate hike in July. Meanwhile, tighter financial conditions across major economies raised fears of a global recession, prompting investors to divest out of riskier assets into the safety of the dollar. Data released Friday highlighted such concerns, showing US manufacturing activity slowed more than expected in June. Investors now look ahead to the minutes of the last central bank meeting and the monthly jobs report for clues on the likely path for US monetary policy.2022-07-05T05:24:25.887"
Dollar Firms Up in Thin Holiday Trade,Currency,"Dollar Firms Up in Thin Holiday TradeUnited States CurrencyThe dollar index was around 105 in holiday-thinned trade on Monday, hovering near its highest levels since December 2002, as the Federal Reserve led a global wave of aggressive monetary tightening to combat rising prices. Last week, Fed policymakers cemented expectations for further policy tightening, signaling another 75 basis point interest rate hike in July. Meanwhile, tighter financial conditions across major economies raised fears of a global recession, prompting investors to divest out of riskier assets into the safety of the dollar. Data released Friday also showed US manufacturing activity slowed more than expected in June. Investors now look ahead to the minutes of the last central bank meeting and the monthly jobs report for clues on the likely path for US monetary policy.2022-07-04T05:52:00"
Dollar Hovers Near Two-Decade High,Currency,"Dollar Hovers Near Two-Decade HighUnited States CurrencyThe dollar index broke above the 105 neighborhood, closing in on its highest level since December 2002, underpinned by the Federal Reserve’s firm hawkish stance and escalating global recession risks. Several Fed policymakers, including Chair Jerome Powell, indicated a strong commitment to bringing down inflation even at the risk of a recession, signaling another 75 basis point rate increase in July. The most pronounced buying activity was against the pound, which tumbled to an over two-year low against the greenback. Sharp gains were also seen against risk-sensitive currencies such as the Australian and New Zealand dollars. The DXY has rallied more than 1% o far this week following a robust performance in the second quarter. 2022-07-01T14:14:00"
US Construction Spending Unexpectedly Falls,Construction Spending,"US Construction Spending Unexpectedly FallsUnited States Construction SpendingConstruction spending in the US fell by 0.1 percent from the previous month to a seasonally adjusted annual rate of USD 1.78 trillion in May of 2022, compared to the upwardly revised 0.8 percent gain in April and market expectations of a 0.4 percent rise. Spending on public construction fell by 0.8 percent from the previous month, dragged by lower outlays for both residential (-0.7 percent) and nonresidential (-0.8 percent) construction. At the same time, private construction was virtually unchanged, as higher spending in residential (0.2 percent) and manufacturing (1.2 percent) construction offset decreases in highways (-2.3 percent) and healthcare (-1.8 percent) construction.2022-07-01T14:03:00"
"US S&P Global Manufacturing PMI Revised Up, But Holds at Nearly 2-Year Lows",Manufacturing PMI,"US S&P Global Manufacturing PMI Revised Up, But Holds at Nearly 2-Year LowsUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was revised slightly higher to 52.7 in June of 2022 from a preliminary of 52.4, but still pointed to the slowest growth in factory activity since July of 2020. New orders fell, due to inflationary pressures, weak client confidence in the outlook and supply-chain disruptions. Firms utilised their current holdings of inputs and finished goods to supplement production, with input buying stagnating and supply chain delays easing. A reduction in new orders, combined with a sustained rise in employment led to greater success clearing backlogs of work, which increased at a notably weaker pace. On the price front, input price inflation was the lowest in three months and output charge inflation also moderated. At the same time, inflationary concerns were once again cited by firms, as business confidence regarding the year-ahead outlook slumped to the lowest level since October 2020. 2022-07-01T13:56:56.133"
Dollar Set for Weekly Advance,Currency,"Dollar Set for Weekly AdvanceUnited States CurrencyThe dollar index edged up to around 104.9 on Friday and was set to gain for the week, underpinned by the Federal Reserve’s firm hawkish stance and escalating risks of a global recession. Fed policymakers indicated this week a strong commitment to bringing down inflation even at the risk of a recession, signaling another 75 basis point rate increase in July. The dollar also benefited at the expense of commodity currencies and other risk assets from fears of a global downturn, as the odds are extremely low that the US slides into recession while the rest of the world does not. Meanwhile, the greenback faced pressure on Thursday from data showing weaker US consumer spending in May, in the latest sign of slowing economic growth. The Fed-preferred core PCE price index also showed signs of easing prices in May, but remained at elevated levels.2022-07-01T05:19:18.11"
Micron Technology earnings above expectations at 2.59 USD,Earnings,"Micron Technology earnings above expectations at 2.59 USDUnited States EarningsMicron Technology (MU) released earnings per share at 2.59 USD, compared to market expectations of 2.46 USD.2022-06-30T20:29:02.907"
"US Stocks Down, Historic 1st Half Rout",Stock Market,"US Stocks Down, Historic 1st Half RoutUnited States Stock MarketWall St. closed in negative territory on Thursday, with the Dow 254 points lower, the S&P down 0.9% and the Nasdaq underperforming with a 1.3% loss, due to lingering concerns over a worsening growth outlook amid persistently high inflation and the looming threat of a longer-than-expected tightening cycle. On the data front, the core PCE Price Index inflation, the Fed’s preferred inflation gauge, provided some relief after easing to a six-month low of 4.7 percent in May 2022. All three major indexes saw sharp monthly and quarterly losses, with technology stocks hit especially hard. On first-half performances, the Dow and the S&P 500 saw their worst performances since 1962 and 1970, respectively, while the Nasdaq suffered its worst-ever half-year run. Stagflation and aggressive rate hike risks drove much of the selloff in equity markets in the first semester, with Covid lockdowns in China and Russia’s invasion of Ukraine escalating volatility further.2022-06-30T20:06:00"
US 10Y Treasury Note Yield at 3-Week Low,Government Bond 10Y,"US 10Y Treasury Note Yield at 3-Week LowUnited States Government Bond 10YThe yield on the US Treasury 10-year note slipped below the 3% mark, retreating to levels not seen in three weeks, as investors rushed to safe-haven assets due to persistent fears that the Fed will tip the US economy into a recession as it attempts to rein in inflation. Weak economic data this week fueled those concerns further, namely signs of a slowdown in consumer spending, with morale among consumers at a 16-month low and worse-than-expected GDP figures. On the other hand, the core PCE Price Index inflation, the preferred gauge of inflation by the Fed, eased to a six-month low of 4.7 percent in May 2022, indicating that price increases could be slowing. 2022-06-30T19:25:00"
Walgreens Boots Alliance earnings above expectations at 0.96 USD,Earnings,"Walgreens Boots Alliance earnings above expectations at 0.96 USDUnited States EarningsWalgreens Boots Alliance (WBA) released earnings per share at 0.96 USD, compared to market expectations of 0.92 USD.2022-06-30T13:18:46.04"
Constellation Brands earnings above expectations at 2.66 USD,Earnings,"Constellation Brands earnings above expectations at 2.66 USDUnited States EarningsConstellation Brands (STZ) released earnings per share at 2.66 USD, compared to market expectations of 2.55 USD.2022-06-30T13:18:39.523"
US Dollar Hovers Close to 20-Year High,Currency,"US Dollar Hovers Close to 20-Year HighUnited States CurrencyThe dollar index remained above the 105 mark on Thursday, hovering close to the 20-year high of 105.79 touched in mid-June as global recession fears strengthened demand for the greenback’s safety, while the Fed’s hawkishness also supported the currency. May data pointed to a 4.7% annual increase in the core PCE price index, the Fed’s preferred inflation gauge, reflecting a further deceleration but remaining stubbornly high. During the ECB’s annual forum, Chairman Powell said it was important to curb inflation back to healthy levels, despite the possible economic slowdown from demand destruction. At the same time, Cleveland Fed President Mester said that she will be advocating for another 75 basis point rate increase in July if economic conditions remain the same. The DXY is set to appreciate 7.2% in the second quarter of the year, supported by 150bps in rate hikes by the Federal Reserve since its March meeting.2022-06-30T12:57:22.337"
US PCE Inflation Remains Elevated,PCE Price Index Monthly Change,"US PCE Inflation Remains Elevated United States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States increased 0.6% month-over-month in May of 2022, higher than 0.2% in April. The annual rate also however, was unchanged at 6.3% after touching a record high of 6.6% in March. Energy prices increased 35.8% (vs 30.4% in April) while food inflation quickened again to 11% from 10%. Excluding food and energy, PCE inflation eased to 4.7% from 4.9%, below forecasts of 4.8%.2022-06-30T12:40:00"
US Jobless Claims Fall Less than Expected,Initial Jobless Claims,"US Jobless Claims Fall Less than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 2K to 231K in the week that ended June 25th, compared with market forecasts of 228K, pointing to tight labour conditions. On a non-seasonally adjusted basis, initial claims rose by 1,060 from the previous week to 207,421, with notable increases seen in New Jersey (+5,471), Massachusetts (+3,152), Ohio (+2,472) and Kentucky (+1.501). The 4-week moving average was 231,750, an increase of 7,250 from the previous week's upwardly revised average.2022-06-30T12:36:00"
US Personal Income Rises 0.5% in May,Personal Income,"US Personal Income Rises 0.5% in MayUnited States Personal IncomePersonal income in the United States increased 0.5 percent from a month earlier in May 2022, the same as in the previous month and matching market expectations, as a rise in compensation and proprietors' income offset a decrease in government social benefits. Within compensation, the increase reflected rises in both private and government wages and salaries. The increase in proprietors' income was led by nonfarm income. The fall in government social benefits primarily reflected a decrease in transfers to nonprofit health care providers through the Provider Relief Fund that was partly offset by increases in Medicaid and Medicare.2022-06-30T12:33:00"
10-Year Treasury Yield Extends Decline,Government Bond 10Y,"10-Year Treasury Yield Extends Decline United States Government Bond 10YThe 10-year US Treasury note yield extended its decline towards the 3% mark, a level not seen in three weeks, as investors continued to pile into safe-haven assets amid concerns that tightening financial conditions could tip the US economy into a recession. Federal Reserve officials have reiterated their determination to rein in inflation, setting expectations for a back-to-back 75 basis point rate hike in July. Meanwhile, the core PCE Price Index inflation, the preferred gauge of inflation by the Fed, eased to a six-month low of 4.7 percent in May 2022, indicating that price increases could be slowing. Inflation data followed worse-than-expected GDP figures and dire consumer confidence data earlier this week. 
2022-06-30T09:15:00"
Dollar Holds Advance on Hawkish Fed,Currency,"Dollar Holds Advance on Hawkish FedUnited States CurrencyThe dollar index traded around 105 on Thursday, hovering close to a 20-year high of 105.79 reached in mid-June, underpinned by the Federal Reserve’s firm hawkish stance, while also benefiting from safe-haven demand amid fears of a global recession. Speaking at a European Central Bank event on Wednesday, Fed Chair Jerome Powell said it was important to bring down inflation, even if it meant economic pain, with similar remarks from ECB President Christine Lagarde. Cleveland Fed Bank President Loretta Mester also told CNBC on Wednesday that she will be advocating for another 75 basis point rate increase in July if economic conditions remain the same. The Fed earlier this month raised rates by 75 basis points, the biggest increase since 1994, amid its fight against inflation that is currently running at a 40-year high.2022-06-30T06:04:41.497"
US 10-Year Treasury Note Yield Slips,Government Bond 10Y,"US 10-Year Treasury Note Yield Slips United States Government Bond 10YThe yield on the US Treasury 10-year note fell below 3.10% on Wednesday, down more than 10 basis points from the previous session, amid concerns over a looming recession and that the Fed will tip the economy into a recession as it focuses more on inflationary risks. Federal Reserve officials in recent days have reiterated their determination to rein in inflation, setting expectations for a back-to-back 75 basis point rate hike in July. Meanwhile, economic data continues to paint a bleak picture, including worse-than-expected GDP figures and dire consumer confidence data. Looking ahead, investors await the release of the core PCE price index, the Fed’s preferred inflation gauge, which is expected to be more than double of the inflation target.2022-06-29T20:41:29.66"
"US Dollar Strengthens, Eyes 20-Year High",Currency,"US Dollar Strengthens, Eyes 20-Year HighUnited States CurrencyThe dollar index rose as much as half a percentage point on Wednesday, extending gains of the previous session to cross the 105 level and within striking distance of a two-decade high of 105.79 hit on June 15th. Investors rushed to the safe-haven greenback amid downbeat economic data and hawkish remarks from Federal Reserve officials. Chairman Jeremy Powell, speaking at an ECB annual event, stressed the importance of preventing a high inflation regime, signaling it would go as far as shifting to a restrictive monetary policy. Adding to recent hawkish comments by other policy makers, such as Mester, Daly, and Williams, investors increasingly worry that the tightening cycle will push the economy into a recession. Furthermore, final estimates showed the US economy contracted 1.6% in Q1, more than early estimates of 1.5%, and the latest consumer morale indicator slipped to a 16-month low, further denting market sentiment, in the latest sign of growing angst over rising prices.2022-06-29T18:57:00"
US Crude Stocks Fall for Second Week: EIA,Crude Oil Stocks Change,"US Crude Stocks Fall for Second Week: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 2.762 million barrels in the week ended June 24th, following a 0.386 million drop in the previous period, according to EIA's latest report. Meanwhile, crude stocks at the Cushing, Oklahoma, fell by 0.782 million barrels, while gasoline stocks rose by 2.645 million. Distillate stockpiles, which include diesel and heating oil, increased by 2.559 million barrels. 2022-06-29T14:55:51.407"
US Stock Futures Turn Positive,Stock Market,"US Stock Futures Turn Positive United States Stock MarketUS stock futures tracking the broader market pared early losses to crosse into positive territory on Wednesday, as investors reassessed the outlook for tightening monetary policy against a backdrop of slowing growth. A slew of recent data releases in the US calendar, including worse-than-expected GDP data for the first quarter, have lowered investors' expectations of how far the Federal Reserve will raise interest rates in anticipation of borrowing costs compounding a possible recession. Market participants will now keep a close eye on the ECB's forum, with Fed Chair Powell scheduled to speak later in the day. In regular trading on Tuesday, the Dow fell 1.56%, the S&P 500 lost 2.01%, and the Nasdaq Composite dropped 2.95%. All the three US benchmarks rallied early in the session before giving up those gains following a disappointing consumer confidence index reading.2022-06-29T13:27:43.42"
Paychex earnings above expectations at 0.81 USD,Earnings,"Paychex earnings above expectations at 0.81 USDUnited States EarningsPaychex (PAYX) released earnings per share at 0.81 USD, compared to market expectations of 0.80 USD.2022-06-29T12:48:02.96"
US Corporate Profits Revised Lower in Q1,Corporate Profits,"US Corporate Profits Revised Lower in Q1United States Corporate ProfitsCorporate profits in the United States fell 4.9 percent to USD 2.40 trillion in the first quarter of 2022, following a 0.2 percent gain in the previous period and compared with preliminary estimates of a 4.3 percent drop. Net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, fell 2.2 percent to USD 3.16 trillion, while net dividends rose 0.8 percent to USD 1.48 trillion. Meanwhile, undistributed profits slumped 12.8 percent to USD 0.93 trillion.2022-06-29T12:40:07.397"
General Mills earnings above expectations at 1.12 USD,Earnings,"General Mills earnings above expectations at 1.12 USDUnited States EarningsGeneral Mills (GIS) released earnings per share at 1.12 USD, compared to market expectations of 1.01 USD.2022-06-29T11:15:23.667"
McCormick earnings below expectations at 0.48 USD,Earnings,"McCormick earnings below expectations at 0.48 USDUnited States EarningsMcCormick (MKC) released earnings per share at 0.48 USD, compared to market expectations of 0.66 USD.2022-06-29T10:44:42.967"
Wall Street Set to Extend Losses,Stock Market,"Wall Street Set to Extend LossesUnited States Stock MarketUS stock index futures pointed to a lower open on Wednesday, as investors grew concerned that the world's largest economy may face challenging times, with several indicators poting to a slowing economic activity and the Federal Reserve seeking to rein on inflation with an aggressive tightening. Market participants will now keep a close eye on the ECB's forum, with Fed Chair Powell scheduled to speak later in the day. In regular trading on Tuesday, the Dow fell 1.56%, the S&P 500 lost 2.01%, and the Nasdaq Composite dropped 2.95%. All the three US benchmarks rallied early in the session before giving up those gains following a disappointing consumer confidence index reading. 2022-06-29T10:27:00"
US 10-Year Treasury Yield Eases on Recession Fears,Government Bond 10Y,"US 10-Year Treasury Yield Eases on Recession FearsUnited States Government Bond 10YThe benchmark 10-year US yield eased toward 3.15% on Wednesday after hitting an intraday high of 3.259% in the previous session, as concerns over a slowing economy due largely to aggressive monetary tightening continued to dominate market sentiment. Highlighting such pessimism, data released Tuesday showed US consumer confidence dropped to 16-month low in June amid persistent inflation worries, while near-term expectations sank to a near decade low. Meanwhile, Federal Reserve policymakers promised further rapid interest rate hikes to bring down high inflation on Tuesday, but pushed back against growing fears among investors and economists that sharply higher borrowing costs will trigger a steep downturn. Investors now await comments from Fed Chair Jerome Powell who is scheduled to give a speech at the European Central Bank forum on Wednesday.2022-06-29T07:53:00"
Dollar Firms Up on Hawkish Fed Remarks,Currency,"Dollar Firms Up on Hawkish Fed RemarksUnited States CurrencyThe dollar index firmed up around 104.5 on Wednesday after jumping half a percent in the previous session, underpinned by remarks from central bank officials who indicated support for continued aggressive monetary tightening ahead. Federal Reserve policymakers promised further rapid interest rate hikes to bring down high inflation on Tuesday, but pushed back against growing fears among investors and economists that sharply higher borrowing costs will trigger a steep downturn. The Fed earlier this month raised rates by 75 basis points, the biggest increase since 1994, amid its fight against inflation that is currently running at a 40-year high. Data released Tuesday also showed that US consumer confidence dropped to a 16-month low in June, in the latest sign of growing angst over rising prices.2022-06-29T05:50:40.343"
US Crude Oil Stock Slump Much More than Expected: API,API Crude Oil Stock Change,"US Crude Oil Stock Slump Much More than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States slumped by 3.799 million barrels in the week ended June 24th, 2022, the largest withdrawal since mid-April, following a 5.607 million barrel surge in the previous week and compared to market expectations of a 0.106 million barrel draw, data from the American Petroleum Institute showed.
2022-06-28T20:34:04.493"
US Stocks Down Sharply on Tuesday,Stock Market,"US Stocks Down Sharply on TuesdayUnited States Stock MarketUS equity securities gave up initial gains and closed sharply lower on Tuesday, with all sectors under selling pressure but energy, as investors digested disappointing data and hawkish comments by Fed officials. US consumer confidence fell to a 16-month low in June amid persistent inflation woes, while near-term expectations sank to a near decade low. Jitters over 75 bps rate hikes also made their way back after the San Francisco and the New York Fed Presidents both argued in favor of aggressive increases in the funds rate to combat inflation. Among individual stocks, Nike shed 7% as its Q1 revenue forecasts missed estimates on expectations of more discounts and pandemic-related disruptions in China. The NASDAQ, pressured by higher yields, led losses with a 3% drop, followed by the S&P 500, down 2%, and the Dow shed 491 points. All indexes are on track for the first back-to-back quarterly drop since 2015, while the S&P 500 is eyeing its worst performance in 5 decades.
2022-06-28T20:03:00"
US Stocks Set for Sharp Losses on Tuesday,Stock Market,"US Stocks Set for Sharp Losses on TuesdayUnited States Stock MarketWall Street remained under heavy selling pressure on Tuesday afternoon, giving up initial gains, as new comments from Federal Reserve officials brought back concerns of an aggressive 75 bps rate hike in July. The NASDAQ, pressured by higher Treasury yields, led losses with a 2.3% drop, followed by the S&P 500, down 1.6%, and the Dow shed 1.3%. Both the San Francisco Fed and the New York Fed Presidents have come in support of an aggressive rate hike at the FOMC’s July meeting, arguing that decisive action on inflation was required to avoid further pain in consumers’ wallets. On the economic data front, US consumer confidence fell to a 16-month low in June amid persistent inflation concerns, while the latest S&P CoreLogic Case-Shiller index put the annual increase in the cost of a home at a record 21.2% in April. Among individual stocks, Nike shed 6.3% as its Q1 revenue forecasts missed estimates on expectations of more discounts and pandemic-related disruptions in China.2022-06-28T19:01:00"
Wall Street Fails to Hold onto Gains,Stock Market,"Wall Street Fails to Hold onto GainsUnited States Stock MarketWall Street turned an initial rally into a sell-off on Tuesday as investors balanced signs of slowing economic growth against news that China was easing coronavirus-induced restrictions. A new report showed US consumer confidence deteriorated to a 16-month low in June amid persistent inflation concerns, while the latest S&P CoreLogic Case-Shiller index put the annual increase in the cost of a home at a record 21.2% in April. On the policy side, the New York Federal Reserve President reiterated the need to act aggressively to bring down inflation by raising interest rates to around 3.5% by the end of the year. Still, he pointed out that the world's largest economy remains resilient and can endure such tightening. Meanwhile, several big banks, including Bank of America, Morgan Stanley, and Goldman Sachs, increased their dividends in response to passing this year's Fed stress tests.2022-06-28T15:34:00"
US 10-Year Treasury Note Yield Resumes Climb,Government Bond 10Y,"US 10-Year Treasury Note Yield Resumes ClimbUnited States Government Bond 10YThe yield on the US Treasury 10-year note steadied above 3.2%, up 14 basis points from a a two-week low of 3.0% hit in the prior week, as investors assessed the outlook for monetary policy ahead of the US PCE reading for May due later this week. The New York Federal Reserve President reiterated the need to act aggressively to bring down inflation by raising the funds rate up to 3.5% by the end of the year, adding to recent hawkish comments from the Fed Chair Jerome Powell that the Fed would remain focused on inflation even at the risk of an economic slowdown. Now, investors will be looking to the Federal Reserve's preferred measure of inflation, which could provide further cues on its policy tightening path.2022-06-28T15:29:07.807"
Manufacturing Activity in 5th District Contracts for 2nd Month,Richmond Fed Manufacturing Index,"Manufacturing Activity in 5th District Contracts for 2nd MonthUnited States Richmond Fed Manufacturing IndexThe Richmond Fed composite manufacturing index fell to -11 in June of 2022 from -9 in May, the lowest since May 2020 as two of its three component indexes dropped further into negative territory. The indexes for shipments (-15 vs -14 in May) and volume of new orders (-26 vs -16) declined while the employment index rose (16 vs 8). The wage index also remained elevated, despite a minor downward shift, indicating that a large share of firms continues to report increasing wages. Additionally, the local business conditions index continued to slide in June, falling to -28. Firms are also less optimistic about conditions in the next six months as the expectations index decreased (-26 vs -13). The Richmond Fed composite manufacturing index was initially reported at -19 due to incorrect data because of an error related to the discontinuation of the average workweek index.2022-06-28T14:06:00"
Wall Street Regains Some Traction,Stock Market,"Wall Street Regains Some Traction United States Stock MarketAll three major indexes were up more than 1% in early deals on Tuesday as investors continue to assess the outlook for monetary policy amid signs of slowing global growth. Market participants have reduced their expectations for how far the Federal Reserve will raise interest rates, fearing that higher borrowing costs could tip the economy into recession. Adding to the chipper mood were easing coronavirus-induced in China's capital, Beijing, and the financial hub of Shanghai, as well as signs that China will roll out tools in its policy reserve in a timely way to cope with more economic challenges. Meanwhile, several big banks, including Bank of America, Morgan Stanley, and Goldman Sachs, increased their dividends in response to passing this year's Fed stress tests.2022-06-28T13:34:00"
US House Prices Remain Elevated: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Remain Elevated: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US increased 21.2% yoy in April of 2022, a record high rate, following a downwardly revised 21.1% increase in the previous month. Figures compare with market forecasts of 21%, with Tampa (35.8%), Miami (33.3%) and Phoenix (31.3%) continuing to lead with the strongest price gains. The national index however, went up 20.4%, less than 20.6% in March. “April 2022 showed initial (although inconsistent) signs of a deceleration in the growth rate of U.S. home prices. We continue to observe very broad strength in the housing market and a more-challenging macroeconomic environment may not support extraordinary home price growth for much longer"", Craig Lazzara, managing director at S&P DJI said. Yet, a cooler housing market is expected in the coming months as high mortgage rates hurt affordability. 2022-06-28T13:18:00"
US Home Prices Rise 1.6% in April: FHFA,House Price Index MoM,"US Home Prices Rise 1.6% in April: FHFAUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US increased 1.6% from a month earlier in April of 2022, the same as in March. For the nine census divisions, monthly house price changes ranged from +0.3 percent in the East South Central division to +2.5 percent in the West South Central division. Year-on-year, house prices jumped 18.8 percent. ""The inventory of homes on the market remains low, which has continued to keep upward pressure on sales prices.  Increasing mortgage rates have yet to offset demand enough to deter the strong price gains happening across the country."" said Will Doerner, Ph.D., Supervisory Economist in FHFA's Division of Research and Statistics.2022-06-28T13:06:45.937"
US January Wholesale Inventories Expand Less,Wholesale Inventories,"US January Wholesale Inventories Expand LessUnited States Wholesale InventoriesWholesale inventories in the US rose 2 percent month-over-month to $880.6 billion in May of 2022, easing from an upwardly revised 2.3 percent advance in April, a preliminary estimate showed. Both durable goods (2.2 percent vs 2.4 percent in April) and nondurable (1.8 percent vs 2.2 percent) stocks increased at a softer pace. On an annual basis, wholesale inventories surged 25 percent in May.2022-06-28T12:33:00"
Wall Street Set to Open Higher,Stock Market,"Wall Street Set to Open HigherUnited States Stock MarketStock futures contracts tied to the three major indices were up roughly 0.5% on Tuesday, putting Wall Street on track to rebound as investors continue to assess the outlook for monetary policy amid signs of slowing global growth. Market participants have reduced their expectations for how far the Federal Reserve will raise interest rates, fearing that higher borrowing costs could tip the economy into recession. Adding to the chipper mood were easing coronavirus-induced in China's capital, Beijing, and the financial hub of Shanghai, as well as signs that China will roll out tools in its policy reserve in a timely way to cope with more economic challenges. Meanwhile, several big banks, including Bank of America, Morgan Stanley, and Goldman Sachs, increased their dividends in response to passing this year's Fed stress tests. In regular trading on Monday, the Dow shed 0.2%, the S&P 500 fell 0.3%, and the Nasdaq Composite lost 0.7%.
2022-06-28T11:15:00"
US Futures Rise After Monday's Decline,Stock Market,"US Futures Rise After Monday's DeclineUnited States Stock MarketUS stock futures rose on Tuesday after starting the week on a sour note, as technology shares came under renewed selling pressure. Dow and S&P 500 futures gained 0.4%, while Nasdaq 100 futures were up 0.5%. Those moves followed modest losses in Wall Street on Monday as the major indexes failed to sustain momentum from last week’s rally. The Dow shed 0.2%, the S&P 500 fell 0.3% and the Nasdaq Composite lost 0.7%. Mega cap tech names dragged the market lower, with sharp losses from Nvidia (-1.5%), Amazon (-2.8%) and Alphabet (-1.8%). Meanwhile, energy stocks outperformed on Wall Street amid higher oil prices, including Exxon Mobil (2.5%), Occidental Petroleum (2.4%) and Chevron (1.9%). Investors remained suspicious of last week’s rally given an increasing risk of a recession, while the Federal Reserve continues to tighten policy to curb surging inflation.2022-06-28T00:32:00"
Nike earnings above expectations at 0.90 USD,Earnings,"Nike earnings above expectations at 0.90 USDUnited States EarningsNike (NKE) released earnings per share at 0.90 USD, compared to market expectations of 0.81 USD.2022-06-27T21:04:29.633"
Greenback Falters at Start of Busy Week,Currency,"Greenback Falters at Start of Busy WeekUnited States CurrencyThe dollar index traded eased below 104 on Monday, extending last week’s declines, on expectations that the Federal Reserve won’t need to go as far as previously thought, following signs that inflationary pressures have started to ease. The revision in the inflation outlook comes at a time when raw material and oil prices are set for a significant drop on a monthly basis, the first in oil prices this year, and the steepest in copper prices since March 2020. Also, mounting recession woes prompted caution, after Fed Chair Jerome Powell suggested that a recession could be possible as the Federal Reserve was focused on curbing inflation, and a slew of weak economic data. Later this week, the focus will be on personal consumption expenditure data from May, which includes the Fed’s preferred inflation gauge and the evolution of personal spending in the US, for more clues on the inflation and interest rate outlook. 
2022-06-27T19:47:00"
Dollar Holds Decline Amid Recession Fears,Currency,"Dollar Holds Decline Amid Recession FearsUnited States CurrencyThe dollar index traded around 104 on Monday, holding on to its last week’s declines and tracking recent weakness in Treasury yields, amid growing concerns about a possible recession. Federal Reserve Chair Jerome Powell said last week that the central bank is fully committed to bringing prices under control, even at the risk of an economic downturn. He acknowledged that a recession was “certainly a possibility,” reflecting market concerns that the Fed’s aggressive monetary tightening would hamper growth.  Weakening US economic data also weighed on the dollar, with a survey released on Friday showing consumer confidence at a record low, prompting investors to scale back bets on further dollar rallies.2022-06-27T05:47:06.177"
Week Ahead,Currency,"Week AheadUnited States CurrencyA raft of upcoming data in the US including consumer confidence and personal consumption expenditures should show how the US economy is responding to Fed's aggressive tightening. Also, the stock market is set to record its worst first half of the year in a decade. In Europe, attention will be given to the ECB’s forum on central banking with speeches from Fed Chair Powell, ECB President Lagarde, and BoE Governor Bailey. Also, key reports on inflation and unemployment will be released for the Eurozone, including Germany, Italy, and France.2022-06-25T12:28:22.363"
Carnival earnings below expectations at -1.64 USD,Earnings,"Carnival earnings below expectations at -1.64 USDUnited States EarningsCarnival (CCL) released earnings per share at -1.64 USD, compared to market expectations of -1.18 USD.2022-06-24T16:35:18.19"
CarMax earnings below expectations at 0.98 USD,Earnings,"CarMax earnings below expectations at 0.98 USDUnited States EarningsCarMax (KMX) released earnings per share at 0.98 USD, compared to market expectations of 1.30 USD.2022-06-24T14:15:07.82"
Wall Street Rally Gains Traction,Stock Market,"Wall Street Rally Gains Traction United States Stock MarketThree major US stock indexes rose sharply on Friday, set for their first weekly gain in four, as expectations of higher and faster rate hikes cooled. While recessionary fears remained a top concern among investors, recent economic data pointing to slower economic activity sparked speculation that central banks may take their foot off the pedal. The University of Michigan survey showed the consumer sentiment hit a record low level in June and its gauge of inflation expectations over the next 5 to 10 years, fell to 3.1% from 3.3%. In the afternoon trading, the Dow was up more than 600 points, the S&P 500 added 2.5%, and the tech-heavy Nasdaq advanced 2.7%.2022-06-24T13:34:00"
FedEx earnings meet market expectations at 6.87 USD,Earnings,"FedEx earnings meet market expectations at 6.87 USDUnited States EarningsFedEx (FDX) released earnings per share at 6.87 USD, in line with market expectations.2022-06-23T20:33:20.033"
Kansas Fed Manufacturing Index Turns Negative,Kansas Fed Manufacturing Index,"Kansas Fed Manufacturing Index Turns NegativeUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production Index fell further to -1 in June of 2022 from 19 in the prior month, reaching the lowest level since May of 2020. The slower pace of factory growth was driven by reduced activity at durable goods plants in June, especially electrical equipment, transportation equipment, and furniture-related product manufacturing. Indexes for production, shipments, new orders, and order backlog declined, while inventory indexes increased slightly. ""Over 85 percent of firms reported delays in shipping and product availability as continued negative impacts on their business activity, with around half of firms not expecting any improvements in the next six months."" said Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City. 2022-06-23T15:08:00"
US Private Sector Activity Eases Further in June,Composite PMI,"US Private Sector Activity Eases Further in JuneUnited States Composite PMIThe S&P Global US Composite PMI fell to a five-month low of 51.2 in June 2022 from 53.6 in May, a preliminary estimate showed. The increase in activity was the second-weakest since July 2020, with slower service sector output growth and the first contraction in manufacturing production in two years. Manufacturers and service providers experienced slower job growth, with the rate of total job creation slowing to its lowest since February. On the price front, input inflation eased to the slowest in five months while output charges rose at the feeblest pace since March 2021. Finally, firms were markedly more pessimist regarding the outlook for production over the coming amid a worsening outlook for inflation and growth. 2022-06-23T14:43:37.94"
US Services Sector Growth Hits 5-Month Low,Services PMI,"US Services Sector Growth Hits 5-Month LowUnited States Services PMIThe S&P Global US Services PMI fell to 51.6 in June of 2022 from 53.4 in May, the lowest in five months and well below forecasts of 53.5, a preliminary estimate showed. Primary downward pressure came from a sharp fall in new orders, with demand falling for the first time since July 2020, while new export orders decreased at the fastest pace since December 2020. On top of that, the rate of job creation eased o the softest in four months. Meanwhile, input prices eased to a five-month low while the pace of output charge also softened to the lowest since March 2021. Finally, sentiment remained positive but was at its lowest since September 2020 amid a worsening outlook for infaltion and growth. 2022-06-23T14:02:21.56"
FactSet Research Systems earnings above expectations at 3.27 USD,Earnings,"FactSet Research Systems earnings above expectations at 3.27 USDUnited States EarningsFactSet Research Systems (FDS) released earnings per share at 3.27 USD, compared to market expectations of 2.97 USD.2022-06-23T11:48:01.553"
Darden Restaurants earnings below expectations at 1.93 USD,Earnings,"Darden Restaurants earnings below expectations at 1.93 USDUnited States EarningsDarden Restaurants (DRI) released earnings per share at 1.93 USD, compared to market expectations of 2.10 USD.2022-06-23T11:47:54.443"
Investors Pile into Government Debt,Government Bond 10Y,"Investors Pile into Government Debt United States Government Bond 10YThe 10-year US Treasury note yield extended its decline towards the 3% mark, a level not seen in two weeks, as investors continued to pile into safe-haven assets amid concerns that tightening financial conditions could tip the US economy into a recession. On Wednesday, Federal Reserve Chair Jerome Powell said that the central bank is fully committed to controlling prices, even at the risk of an economic slowdown. The Federal Reserve raised its target interest rate by three-quarters of a percentage point earlier this month to address the highest inflation seen since late 1981 while projecting a slowing economy and rising unemployment in the months to come. Money markets are now expecting 75-basis points rate increase in July, followed by a 50-basis points rise in September. 2022-06-23T09:03:27.84"
Dollar Holds Decline as US Yields Weigh,Currency,"Dollar Holds Decline as US Yields WeighUnited States CurrencyThe dollar index traded around 104 on Friday, holding on to its recent declines and tracking Treasury yields lower, amid growing concerns about a possible recession. Federal Reserve Chair Jerome Powell said in a testimony to Congress that the central bank is fully committed to bringing prices under control, even at the risk of an economic downturn. He acknowledged that a recession was “certainly a possibility,” reflecting market concerns that the Fed’s aggressive monetary tightening would hamper growth. Powell also said that the Fed will keep raising interest rates following a 75 basis point increase last week, the largest since 1994, as inflation surprised to the upside over the past year, and further surprises could be in store. Moreover, Fed Governor Michelle Bowman backed raising interest rates by 75 basis points again in July and following that with a few more half-point rate hikes.2022-06-23T05:27:00"
DXY Drops Below 104,Currency,"DXY Drops Below 104United States CurrencyThe dollar index fell as much as 0.5% to below 104 on Wednesday, as investors see a higher chance of the US economy tipping into recession over the next years amid record-high inflation and a weak macroeconomic backdrop. Fed Chair Powell said in his semiannual testimony to the Senate Banking Committee that the Federal Reserve will keep raising interest rates to tame inflation following the steepest hike in almost three decades, as inflation surprised to the upside over the past year, and further surprises could be in store. Markets expect the Fed funds rate to peak at around 3.6% by the middle of next year, according to interest-rate futures. 2022-06-22T15:12:00"
Dollar Edges Higher Ahead of Powell’s Remarks,Currency,"Dollar Edges Higher Ahead of Powell’s RemarksUnited States CurrencyThe dollar index rose above 104.5 on Wednesday, recouping some losses from previous sessions and inching towards a 20-year high reached last week as expectations that the Federal Reserve will continue to aggressively tighten monetary settings supported the currency. The US central bank raised its benchmark interest rate by 75 basis points last week, the largest increase since 1994, as it seeks to bring inflation under control. Investors are now awaiting Fed Chair Jerome Powell’s appearance before Congress on Wednesday and Thursday for fresh insight on the central bank’s future policy plans. Analysts expect the Fed to deliver another 75 basis point rate hike in July, followed by a 50 basis point increase in September. The dollar also benefited from safe-haven inflows spurred by fears of a global economic slowdown.2022-06-22T06:02:56.327"
US Stocks Extend Gains,Stock Market,"US Stocks Extend GainsUnited States Stock MarketWall Street's main indexes began a holiday-shortened week deeply in the green as investors took advantage of a selloff in the previous week to open new positions. The Dow closed up 642 points and the S&P 500 and Nasdaq gained 2.5%. Airline stocks were among the biggest gainers ahead of an anticipated travel boom, with Spirit Airlines surging almost 10% after JetBlue raised its takeover offer. Recently beaten-down technology stocks also enjoy some respite, with Microsoft, Amazon, Alphabet, Facebook, and Apple trading more than 3% higher and Tesla surging 12%. Still, investors brace for further volatility in equities, with Fed Chair Jerome Powell set to testify before Congress Wednesday and Thursday.2022-06-21T18:41:00"
Wall Street Regains Some Momentum,Stock Market,"Wall Street Regains Some Momentum United States Stock MarketWall Street's main indexes began a holiday-shortened week in the green as investors took advantage of a selloff in the previous week to open new positions, but fears that the global economy will slow dramatically amid tightening financial conditions kept sentiment in check. Airline stocks were among the biggest gainers ahead of an anticipated leisure travel boom, with Spirit Airlines surging almost 10% after JetBlue raised its takeover offer. Recently beaten-down technology stocks also enjoy some respite, with Microsoft, Amazon, Alphabet, Facebook, Tesla, and Apple trading in positive territory. Still, investors brace for further volatility in equities, with Fed Chair Jerome Powell set to testify before Congress Wednesday and Thursday.2022-06-21T13:33:00"
Lennar earnings above expectations at 4.49 USD,Earnings,"Lennar earnings above expectations at 4.49 USDUnited States EarningsLennar (LEN) released earnings per share at 4.49 USD, compared to market expectations of 3.97 USD.2022-06-21T10:13:46.16"
Dollar Remains Close to 20-Year Highs,Currency,"Dollar Remains Close to 20-Year HighsUnited States CurrencyThe dollar index eased toward 104.3 on Tuesday, giving back some of its recent, but remains close to a 20-year high reached last week as expectations that the Federal Reserve will continue to aggressively tighten monetary settings supported the currency. The Fed raised its benchmark interest rate by 75 basis points last week, the largest increase since 1994. In the latest commentary, Fed Governor Christopher Waller said Saturday he would support another hike of a similar scale at the central bank’s July meeting should economic data come in as he expects. Meanwhile, Cleveland Fed Bank President Loretta Mester warned Sunday that the risk of a US recession is increasing, and that it will take several years to return to the central bank’s 2% inflation goal. Investors now look ahead to Fed Chair Jerome Powell’s appearance before Congress on Wednesday and Thursday for clues on the likely path forward for US monetary policy.2022-06-21T04:51:04.173"
Dollar Eases in Thin Holiday Trade,Currency,"Dollar Eases in Thin Holiday TradeUnited States CurrencyThe dollar index eased toward 104.4 in thin holiday trade on Monday, giving back some gains from the previous session, but remains close to a 20-year high reached last week as expectations that the Federal Reserve will continue to aggressively tighten monetary settings supported the currency. The Fed raised its benchmark interest rate by 75 basis points last week, the largest increase since 1994. In the latest commentary, Fed Governor Christopher Waller said Saturday he would support another hike of a similar scale at the central bank’s July meeting should economic data come in as he expects. Meanwhile, Cleveland Fed Bank President Loretta Mester warned Sunday that the risk of a US recession is increasing, and that it will take several years to return to the central bank’s 2% inflation goal.2022-06-20T04:55:00"
US Futures Climb as Risk Appetite Returns,Stock Market,"US Futures Climb as Risk Appetite ReturnsUnited States Stock MarketUS stock futures climbed on Monday as risk appetite returned to the markets, but persistent concerns about inflation and a possible recession kept sentiment in check. Dow futures rose 0.5%, S&P 500 futures added 0.7% and Nasdaq 100 futures gained 1%. Those moves came after another week of heavy selling on Wall Street, with the S&P 500 losing 5.8% and sinking deeper into bear market territory. Meanwhile, the Dow and Nasdaq Composite each fell 4.8% last week. Volatility is expected to continue to whipsaw markets as aggressive monetary tightening in major economies aimed at bringing inflation down remains a threat to asset prices. In the latest Fed commentary, Governor Christopher Waller said he would support another 75 basis point rate hike at the central bank’s July meeting, while Cleveland Fed Bank President Loretta Mester said the risk of a US recession is increasing. US stock markets will be closed on Monday for the Juneteenth holiday. 2022-06-20T01:03:00"
US Stocks Turn Higher,Stock Market,"US Stocks Turn HigherUnited States Stock MarketAfter switching between gains and losses, Wall Street turned higher in the afternoon trading on Friday led by gains in the tech sector as investors took advantage of lower valuations. Still, the main averages are heading for a third consecutive weekly decline as investors grew concerned higher interest rates to fight surging inflation would drag the economy into a recession. The Fed has raised its benchmark interest rate by the most since 1994 on Wednesday, a move that was followed by rate hikes on Thursday from the central banks of Switzerland and Britain. Adding to concerns, several economic indicators ranging from retail sales to housing starts and industrial production pointed to slower economic activity. 2022-06-17T18:28:00"
Wall Street Struggles for Traction,Stock Market,"Wall Street Struggles for Traction United States Stock MarketUS Stocks remained under pressure on Friday and were heading for a third consecutive weekly decline as investors grew concerned that rising inflation and higher interest rates would drag the nation’s economy into a recession. The Fed has raised its benchmark interest rate by the most since 1994 on Wednesday, a move that was followed by rate hikes on Thursday from the central banks of Switzerland and Britain. Adding to concerns that such an aggressive tightening could jeopardy a fragile recovery, several economic indicators ranging from retail sales to housing starts and industrial production pointed to slower economic activity. So far, the S&P 500 and the tech-heavy Nasdaq underperformed this week, down 6% each, while the Dow fell roughly 5%. 2022-06-17T13:33:00"
US Industrial Output Rises the Least This Year,Industrial Production Mom,"US Industrial Output Rises the Least This YearUnited States Industrial Production MomIndustrial production in the United States rose 0.2% from a month earlier in May of 2022, following an upwardly revised 1.4% growth in April and half market expectations of a 0.4% advance. It is the weakest gain in industrial activity so far this year, mainly due to a 0.1% fall in manufacturing, namely wood products (-2.6%) and machinery. On the other hand, the mining sector jumped 1.3% and the utility output rose 1% as unseasonably warm weather in May boosted demand for air conditioning. The output of electric utilities gained 1.9% while the output of natural gas utilities stepped back 4.5%.2022-06-17T13:25:00"
Dollar Rebounds with Treasury Yields,Currency,"Dollar Rebounds with Treasury YieldsUnited States CurrencyThe dollar index bounced back above 104 on Friday after coming under pressure in the prior two sessions, tracking a rebound in Treasury yields as investors reassessed the likely path for US monetary policy against a backdrop of high inflation and a challenging growth outlook. Markets also took stock of policy moves from other major central banks this week, with the Swiss National Bank and the Bank of England raising their own benchmark rates, while the Bank of Japan kept its ultra-easy policy unchanged. The Fed delivered a 75 basis point rate increase on Wednesday, the largest since 1994, as the central bank seeks to combat surging inflation. Fed Chair Jerome Powell also said that a 50 or 75 basis point increase “seems most likely” at the next meeting in July, but does not expect moves of such scale to be common.2022-06-17T05:52:00.213"
Adobe Systems earnings above expectations at 3.35 USD,Earnings,"Adobe Systems earnings above expectations at 3.35 USDUnited States EarningsAdobe Systems (ADBE) released earnings per share at 3.35 USD, compared to market expectations of 3.31 USD.2022-06-16T20:28:58.68"
Investors Rush to Safety of Government Debt,Government Bond 10Y,"Investors Rush to Safety of Government DebtUnited States Government Bond 10YThe 10-year US Treasury note yield tumbled towards the 3% level as investors rushed into safe-haven assets on concerns that an aggressive tightening from central banks could tip economies into a recession. The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to address the highest inflation seen since late 1981 while projecting a slowing economy and rising unemployment in the months to come. On top of that, the BoE delivered a fifth straight rate increase, and the SNB surprising markets by raising its policy rate for the first time in 15 years, sparking worries that other central banks could consider raising rates higher and faster. 
2022-06-16T20:22:00"
Wall Street Tumbles as Recession Fears Mount,Stock Market,"Wall Street Tumbles as Recession Fears MountUnited States Stock MarketUS stocks finished sharply lower on Thursday following a series of interest rate hikes by global central banks that reignited worries that aggressive tightening would drag economies into recession. The Dow lost over 700 points, falling below the 30,000 level, while the S&P 500 and Nasdaq slid 3.3% and 4.1%, respectively, bringing all three major indexes to levels not seen since late 2020. On Wednesday, the Fed hiked the fund's rate by the most since 1994, while on Thursday, the Bank of England delivered a fifth consecutive rate hike, and the SNB surprised markets by raising its policy rate for the first time in 15 years. Meanwhile, new data pointed to a slowdown in economic activity. Housing starts in May slumped by 14% to the lowest since April 2021, while the Philadelphia Fed Business Index pointed to the first contraction in manufacturing activity since May 2020.2022-06-16T20:00:00"
DXY Falls Sharply,Currency,"DXY Falls SharplyUnited States CurrencyAfter steadying near 20-year highs of 105, the dollar index fell more than 1% to below 104 on Thursday, after the move by the Federal Reserve yesterday forced other central banks to consider raising rates higher and faster. The Fed delivered a 75bps increase, the largest since 1994, while Chair Jerome Powell said that a 50 or 75 basis point increase “seems most likely” at the next meeting in July. In response, today the Swiss National unexpectedly hiked its policy rate by 50bps to -0.25%, and the Bank of England raised the borrowing cost for a fifth straight meeting and signaled it is prepared to unleash larger moves if needed.2022-06-16T17:44:00"
"Dow Jones Tumbles to Below 30,000",Stock Market,"Dow Jones Tumbles to Below 30,000United States Stock MarketUS stocks traded sharply lower on Thursday amid lingering concerns about the implications of an aggressive tightening on the growth momentum. The Dow lost almost 800 points, falling below 30,000 for the first time since January 2021 while the S&P 500 and Nasdaq slid 3.5% and 4.5%, respectively. Yesterday, the Fed hiked the fund's rate by the most since 1994, while today the Bank of England delivered a fifth consecutive rate hike, and the SNB surprised markets by raising its policy rate for the first time in 15 years. Meanwhile, new data pointed to a slowdown in economic activity. Housing starts in May slumped by 14% to the lowest since April 2021 while the Philadelphia Fed Business Index for June pointed to the first contraction in manufacturing activity since May 2020.2022-06-16T13:45:00"
Philadelphia Factory Activity Unexpectedly Contracts,Philadelphia Fed Manufacturing Index,"Philadelphia Factory Activity Unexpectedly ContractsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US dropped to -3.3 in June of 2022, well below forecasts pointing to growth of 5.5, signaling the first contraction in factory activity since May of 2020. Declines were seen in new orders (-12.4 vs 22.1 in May), unfilled orders (-7 vs 17.9), and inventories (-2.2 vs 3.2). At the same time, price pressures eased slightly but remained elevated for both prices paid (59.4 vs 78.9) and received (49.2 vs 51.7). On the other hand, the number of employees was seen higher (29.2 vs 25.5), despite a slowdown in optimism for growth in the next six months.2022-06-16T12:39:00"
US Building Permits Drop 7%,Building Permits,"US Building Permits Drop 7%United States Building PermitsBuilding permits in the US, a proxy for future construction, dropped 7% to an annualized rate of 1.695 million in May of 2022, the lowest level since September last year and well below forecasts of 1.785 million. Permits fell for a second time after staying above 1.8 million in the past five months. Single-family authorizations dropped 5.5% to 1.048 million and authorizations of units in buildings with five units or more fell 10% to 0.592 million. Building permits declined in all four regions: Northeast (-20.2%), West (-7.1%), Midwest (-7.6%) and South (-4.7%). 2022-06-16T12:36:00"
Kroger earnings above expectations at 1.45 USD,Earnings,"Kroger earnings above expectations at 1.45 USDUnited States EarningsKroger (KR) released earnings per share at 1.45 USD, compared to market expectations of 1.29 USD.2022-06-16T12:16:41.48"
10-Year Treasury Yield Hovers Near 3-1/2-Year High,Government Bond 10Y,"10-Year Treasury Yield Hovers Near 3-1/2-Year HighUnited States Government Bond 10YThe 10-year US Treasury note yield consolidated above 3.40%, moving closer to an over three-year peak of 3.50%, as investors brace for an even more aggressive tightening from the Federal Reserve to rein on sky-high inflation. The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to address the highest inflation seen since late 1981 while projecting a slowing economy and rising unemployment in the months to come. Investors now worry that such a hike, which would be the biggest since 1994, could jeopardize the post-COVID-19 recovery. 2022-06-16T08:59:00"
Dollar Steadies After Post-Fed Decline,Currency,"Dollar Steadies After Post-Fed DeclineUnited States CurrencyThe dollar index steadied near the 105 mark on Thursday after retreating from 20-year highs in the previous session, as the Federal Reserve implemented a large but widely expected interest rate hike. The Fed delivered a 75 basis point rate increase on Wednesday, the largest since 1994, as the central bank seeks to combat surging inflation. Fed Chair Jerome Powell also said that a 50 or 75 basis point increase “seems most likely” at the next meeting in July, but does not expect moves of such scale to be common. The sharp increase in rates came after the CPI report released last week showed US inflation surged unexpectedly to a more than four-decade high of 8.6% in May. Risk assets rallied in relief as the markets were very prepared for the Fed’s aggressive move, putting some pressure on the dollar and Treasury yields.2022-06-16T06:00:10.597"
US April Capital Inflows at 4-Month Low,Capital Flows,"US April Capital Inflows at 4-Month LowUnited States Capital FlowsThe United States recorded a capital and financial account surplus of USD 1.3 billion in April of 2022, following a downwardly revised USD 108.7 billion in the previous month. It was the smallest capital inflow since December last year. Foreign investors sold USD 1.2 billion in Treasuries, after buying USD 48.8 billion in March, marking the first month of net sales since last October. Meanwhile, foreign investors acquired USD 68.2 billion worth of long-term US securities, a sharp increase compared with an inflow of USD 2-2 billion in the previous month.2022-06-15T20:15:00"
DXY Erases Gains,Currency,"DXY Erases GainsUnited States CurrencyThe dollar index fell more than 0.5% to below 105 from an 20-year high of 105.8 hit earlier in the session as risk sentiment returned to markets after it became clear that the Fed is fully committed to fighting the surging inflation. The Federal Reserve hiked the fed funds rate by 75bps, the most since 1994 while Chair Powell signaled a similar move could come at the next meeting but he does not expect 75bps moves to be common. The sharp increase in rates comes after last week the CPI report showed inflation surged unexpectedly to a 41-year high of 8.6% in May. 2022-06-15T19:50:00"
DXY Hits Fresh 20-Year High,Currency,"DXY Hits Fresh 20-Year HighUnited States CurrencyThe dollar index rose to as high as 105.8 on Wednesday, the highest since December 2002, before paring gains to around 105.2, after the Federal Reserve hiked the fed funds rate by 75bps, the most since 1994. The sharp increase in rates comes after last week the CPI report showed inflation surged unexpectedly to a 41-year high of 8.6% in May, before which only a 50bps increase was awaited. Adding to the bullish tone, policymakers projected the rate to increase to 3.4% by the end of the year, which implies another 175bps of tightening this year. During the press conference, Chair Powell said another hike of between 50-75bps will be on the table in the next meeting, while also cautioning that 75bps hikes are not expected to be common going forward. The dollar also benefited recently from safe-haven inflows amid fears of an economic slowdown due to rapidly tightening financial conditions.2022-06-15T18:09:00"
US Crude Stocks Unexpectedly Rise for 2nd Week: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Rise for 2nd Week: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 1.956 million barrels in the week ended June 10th, following a 2.025 million increase in the previous period and compared to market expectations for a 1.314 million drop, according to EIA. Meanwhile, crude stocks at the Cushing, Oklahoma, fell by 0.826 million barrels; and gasoline stocks declined by 0.71 million barrels, against forecasts of a 1.066 million rise. Distillate stockpiles which include diesel and heating oil increased by 0.725 million barrels, above expectations for a 0.292 million increase.2022-06-15T14:41:00"
NAHB Homebuilder Sentiment Continues to Weaken,Nahb Housing Market Index,"NAHB Homebuilder Sentiment Continues to WeakenUnited States Nahb Housing Market IndexThe NAHB housing market index in the US fell for a 6th straight month to 67 in June of 2022, the lowest since June of 2020, from 69 in May and below forecasts of 68 as rising mortgage rates and building material costs continue to hurt affordability. The current sales subindex dropped 1 point to 77; buyer traffic fell to 48 from 53; and sales expectations in the next six months declined 2 points to 61. ""The entry-level market has been particularly affected by declines for housing affordability and builders are adopting a more cautious stance as demand softens with higher mortgage rates. Government officials need to enact policies that will support the supply-side of the housing market as costs continue to climb"", said NAHB Chairman Jerry Konter. 2022-06-15T14:07:00"
US Business Inventories Continue to Rise Strongly,Business Inventories,"US Business Inventories Continue to Rise StronglyUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 1.2 percent from a month earlier in April of 2022, easing from an upwardly revised 2.4 percent gain in the prior month and in line with market expectations. Stocks rose the most among merchant wholesalers (2.2 percent vs 2.7 percent in March), while gains were more subtle for retailers (0.7 percent vs 3.1 percent) and manufacturers (0.6 percent vs 1.4 percent). Year-on-year, business inventories jumped by 13.7 percent in April.2022-06-15T14:06:00"
US 10-Year Bond Yields Seen Lower Ahead of Fed,Government Bond 10Y,"US 10-Year Bond Yields Seen Lower Ahead of Fed United States Government Bond 10YThe yield on the 10-year US Treasury note was below 3.4%, pulling back slightly from an 11-year high of 3.55% hit yesterday ahead of the Federal Reserve monetary policy decision late in the day. Hotter than expected CPI data for May ramped up expectations of a 75bps hike to the Fed’s funds rate, compared to the previously signaled 50bps. Adding to voes, retail sales unexpectedly fall during May as higher gasoline prices and rising borrowing costs make car purchases more expensive.2022-06-15T12:54:00"
US Export Prices Rise More than Expected,Export Prices MoM,"US Export Prices Rise More than ExpectedUnited States Export Prices MoMUS export prices jumped by 2.8 percent from a month earlier in May of 2022, picking up from the upwardly revised 0.8 percent increase in April and well above market expectations of a 1.3 percent increase. Exports excluding agriculture jumped 2.9 percent from a 0.7 percent increase in the prior month, led by nonagricultural industrial supplies and materials, capital goods, automotive vehicles, and non-agricultural foods. Prices for agricultural exports rose by 2.1 percent, lifted by soybeans, corn, and wheat. On a yearly basis, US export prices rose by a record-high 18.9 percent.2022-06-15T12:37:47.3"
US Import Prices Rise Less than Forecast,Import Prices MoM,"US Import Prices Rise Less than ForecastUnited States Import Prices MoMImport prices in the US increased 0.6 percent from a month earlier in May of 2022, following an upwardly revised 0.4 percent rise in April and below market expectations of 1.1 percent. Fuel prices rose 7.5 percent in May, driven by soaring petroleum and natural gas prices. Meanwhile, prices for nonfuel imports declined 0.3 percent, marking the first decline since November 2020. On a yearly basis, US import prices advanced 11.7 percent in May.2022-06-15T12:36:00"
NY Business Activity Below Forecasts,NY Empire State Manufacturing Index,"NY Business Activity Below ForecastsUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index rose to -1.2 in June of 2022 from -11.6 in May, missing market forecasts of 3. New orders and shipments edged slightly higher, and unfilled orders declined for the first time in over a year. Delivery times lengthened at a slower pace than in recent months, and inventories grew significantly. Labor market indicators pointed to a solid increase in employment and a longer average workweek. The prices paid index moved higher, and the prices received index edged lower, but both remained elevated. Looking ahead, optimism about the six-month outlook remained muted.2022-06-15T12:35:00"
US Government Bond Yields Ease Ahead of Fed Decision,Government Bond 10Y,"US Government Bond Yields Ease Ahead of Fed Decision  United States Government Bond 10YThe 10-year US Treasury note yield bottomed around 3.35% as investors took a breather after a recent selloff that sent treasury yields above 3.45% for the first time since April 2011. Market moves came as participants brace for an aggressive hike from the Federal Reserve to tame the highest inflation seen since late 1981. The Fed will announce its latest monetary policy decision today, with markets betting on a 75 basis point rate hike, the biggest since 1994. 
2022-06-15T11:50:55.457"
US Mortgage Applications Rise: MBA,Mortgage Applications,"US Mortgage Applications Rise: MBAUnited States Mortgage ApplicationsMortgage applications in the US increased 6.6% in the week ended June 10th, the first increase in five weeks, but were 52.7% lower than a year earlier. The purchase index jumped 8.1% and the refinancing 3.7%. Meanwhile, the average contract rate on a 30-year fixed-rate mortgage rose by 25 basis points to 5.65%, the highest level since late 2008. “Mortgage rates followed Treasury yields up in response to higher-than-expected inflation and anticipation that the Federal Reserve will need to raise rates at a faster pace,” said Joel Kan, an MBA economist. 2022-06-15T11:10:00"
Dollar Stands High as Fed Rate Hike Looms,Currency,"Dollar Stands High as Fed Rate Hike LoomsUnited States CurrencyThe dollar index held firmly above 105 on Wednesday, hovering around its highest levels in nearly 20 years, as investors gear up for an aggressive move from the Federal Reserve to tame surging inflation. The Fed is set to announce its latest monetary policy decision on Wednesday, with markets betting on a 95% chance of a 75 basis point rate hike, the biggest since 1994, based on the CME Group’s FedWatch tool. The sharp pick up in expectations followed media reports, first by the Wall Street Journal, that a bigger rate increase was on the cards after data released last week showed the US consumer price index surged to a fresh 40-year high of 8.6% in May. The dollar also benefited recently from safe-haven inflows amid fears of an economic slowdown due to rapidly tightening financial conditions.2022-06-15T05:32:43.43"
US Crude Oil Stocks Unexpectedly Rise for 2nd Month,API Crude Oil Stock Change,"US Crude Oil Stocks Unexpectedly Rise for 2nd MonthUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 0.736 million barrels in the week ended June 10th, 2022, after a 1.845 million barrels surge in the previous week and compared to market expectations of a 1.314 million fall, data from the American Petroleum Institute showed.2022-06-14T20:34:00"
Oracle earnings above expectations at 1.54 USD,Earnings,"Oracle earnings above expectations at 1.54 USDUnited States EarningsOracle (ORCL) released earnings per share at 1.54 USD, compared to market expectations of 1.37 USD.2022-06-13T20:29:36.477"
US Stocks Sell-off Accelerates,Stock Market,"US Stocks Sell-off AcceleratesUnited States Stock MarketUS equities sell-off accelerated in the last hour of trading on Monday, as investors are coming to terms that the economy will suffer a major hit as soaring inflation is forcing the Fed to raise rates higher and faster. The Dow closed down 980 points, the S&P 500 shed nearly 4% sliding into a bear market, and the Nasdaq fell 4.8%. The Fed was expected to deliver its second straight half-point rate increase on Wednesday but a WSJ report suggested the central bank could consider surprising markets with a larger-than-expected 75 bps rate hike. Highlighting recession fears, the short-term 2-year Treasury yield traded above its 10-year counterpart for the first time since April. Among individual stocks, more than 10% declines were reported for Carnival and Norwegian Cruise Line as the companies took a massive loan to survive during the Covid 19 pandemic. Also, Netflix, Tesla and Nvidia were down more than 6% and Boeing and Salesforce fell more than 9% and 6%, respectively.2022-06-13T19:52:00"
Stocks in United States Hit 16-month Low,Stock Market,Stocks in United States Hit 16-month LowUnited States Stock MarketUS30 decreased to a 16-month low of 304862022-06-13T15:54:06.877
US Stocks Slump,Stock Market,"US Stocks Slump United States Stock MarketUS equities traded sharply lower on Monday, with the Dow Jones down more than 800 points, the S&P 500 sliding into a bear market, and the Nasdaq falling by over 4% as investors are coming to terms that the economy will suffer a major hit as soaring inflation is forcing the Fed to raise rates higher and faster. Highlighting recession fears, the short-term 2-year Treasury yield traded above its 10-year counterpart at one point in the session for the first time since April. The Fed is expected to announce at least a 50bps rate hike on Wednesday after last week’s hotter-than-expected inflation report and markets started pricing in two half-point and one 75 basis-point hikes by September. 2022-06-13T13:37:00"
Stocks in United States Hit 15-month Low,Stock Market,Stocks in United States Hit 15-month LowUnited States Stock MarketUS500 decreased to a 15-month low of 38012022-06-13T13:30:19.59
Stocks in United States Hit 19-month Low,Stock Market,Stocks in United States Hit 19-month LowUnited States Stock MarketUSNDX decreased to a 19-month low of 114692022-06-13T13:30:04.263
US 10-Year Treasury Yield Hits 3-1/2-Year High,Government Bond 10Y,"US 10-Year Treasury Yield Hits 3-1/2-Year HighUnited States Government Bond 10YThe benchmark 10-year US yield climbed above 3.2% on Monday, hitting its highest level in three and a half years, boosted by hotter-than-expected inflation data which drove expectations of even more aggressive monetary tightening. US consumer prices unexpectedly accelerated to a fresh 40-year high of 8.6% in May, raising the likelihood that the Federal Reserve would continue with its 50-basis point rate hikes through September to combat inflation. US consumer sentiment also fell sharply to a record low in June, appearing to accelerate the selling in bonds at the end of last week. The US central bank is expected to deliver its second straight half-point rate increase when it meets on Wednesday. Meanwhile, the 2-year US yield jumped above 3.1% for the first time since 2007, threatening an inversion of the yield curve and signaling higher risk of a recession.2022-06-13T07:40:57.337"
Dollar Nears 20-Year High on Hot Inflation Data,Currency,"Dollar Nears 20-Year High on Hot Inflation DataUnited States CurrencyThe dollar index climbed toward 104.5 on Monday, inching closer to its highest levels in 20 years, boosted by higher-than-expected US inflation data which drove expectations of even more aggressive monetary tightening. US consumer prices unexpectedly accelerated to a fresh 40-year high of 8.6% in May, raising the likelihood that the Federal Reserve would continue with its 50-basis point rate hikes through September to combat inflation. The Fed is expected to deliver its second straight half-point rate increase when it meets on Wednesday. Investors will also be watching moves from other major central banks, with the Bank of England set to lift interest rates again, while the Swiss National Bank prepares to start its tightening cycle. Meanwhile, the Bank of Japan is expected to retain its ultra-dovish stance despite a rapidly falling yen.2022-06-13T04:36:02.787"
Dollar Index Hits 4-week High,currency,"Dollar Index Hits 4-week HighUnited States currencyDXY increased to a 4-week high of 104.45, after fresh CPI data showed Friday inflation rate in the US unexpectedly accelerated in May, raising further concerns that prices have not peaked yet and increasing prospects of more aggressive interest rate hikes by the Fed at least through its September gathering.2022-06-13T00:00:00"
US May Budget Deficit Smaller than Expected,Government Budget Value,"US May Budget Deficit Smaller than ExpectedUnited States Government Budget ValueThe US government budget deficit narrowed sharply to USD 66 billion in May of 2022, from USD 132 billion in the same period last year and compared with market expectations of a USD 120 billion gap. Receipts declined 16 percent from a year earlier to $389 billion, the Treasury said, largely due to last year's extension of the deadline for individual income tax filings by a month to mid-May. At the same time, outlays slumped 24 percent to USD 455 billion, reflecting lower spending for COVID-19 relief. For the first eight months of the 2022 fiscal year, the US federal deficit stood at USD 426 billion, 79 percent lower than the USD 2,064 billion deficit recorded in the same period of the previous fiscal year.2022-06-10T18:04:00"
10-Year Treasury Yield Hovers Near 3-1/2-Year High,Government Bond 10Y,"10-Year Treasury Yield Hovers Near 3-1/2-Year HighUnited States Government Bond 10YThe 10-year US Treasury note yield consolidated above 3%, moving closer to an over three-year peak of 3.2%, as investors assessed the outlook for monetary policy after a hotter-than-expected US inflation reading. The annual inflation rate in the US unexpectedly accelerated to 8.6% in May of 2022, the highest since December 1981, increasing pressure on the Federal Reserve to stick to aggressive rate hikes while raising concern over a possible recession. Meanwhile, the 2-year rate jumped more than eight basis points to trade above 2.9%. 2022-06-10T12:56:00"
Dollar Strengthens to Approach 20-Year Highs,Currency,"Dollar Strengthens to Approach 20-Year HighsUnited States CurrencyThe dollar index extended gains to approach 104 on Friday, the highest in three weeks and getting close again to levels not seen in twenty years. Fresh CPI data showed inflation rate in the US unexpectedly accelerated in May, raising further concerns that prices have not peaked yet and increasing prospects of more aggressive interest rate hikes by the Fed at least through its September gathering.2022-06-10T12:50:00"
US Futures Muted Ahead of Key Inflation Report,Stock Market,"US Futures Muted Ahead of Key Inflation ReportUnited States Stock MarketUS stock futures were muted on Friday after a technology-led sell-off in the previous session, with investors gearing up for a highly anticipated inflation report due out later today. The Dow and S&P 500 were marginally higher while Nasdaq remained above the flatline in the early trading in Europe. The annual inflation rate in the US likely stayed unchanged at 8.3% in May, slightly below a 41-year high of 8.5% in March while the core inflation rate is seen falling to 5.9% from 6.2%, a sign that price pressures might have peaked. On Thursday, the Dow fell 1.94%, while the S&P 500 and Nasdaq Composite dropped 2.38% and 2.75%, respectively as investors continued to worry that higher interest rates will lead to a slowdown in GDP growth and a fall in corporate profits. Mega-cap tech names led the decline, with sharp losses from Meta Platforms (-6.4%), Alphabet (-2%), Apple (-3.6%), Microsoft (-2.1%) and Nvidia (-3.2%). 2022-06-10T09:24:08.31"
Dollar Holds Up Ahead of Key Inflation Report,Currency,"Dollar Holds Up Ahead of Key Inflation ReportUnited States CurrencyThe dollar index firmed up above 103 on Friday, holding on to its overnight gains and hovering near its highest in three weeks, as investors gear up for a highly-anticipated inflation report that should guide the Federal Reserve’s policy tightening path. US core consumer price growth is expected to ease further in May, indicating that decades-high inflation had peaked in March. This could also give the Fed some wiggle room to raise rates less aggressively later in the year as it tries to rein in inflation without tipping the economy into recession. Meanwhile, the Fed is set to deliver two more 50 basis point rate hikes at its June and July meetings following a similar move in May, which has boosted the dollar in recent months. Investors also assessed the European Central Bank’s announcement that it would start raising interest rates next month, in a move that analysts considered no more hawkish than expected.2022-06-10T03:39:28.58"
Vail Resorts earnings above expectations at 9.16 USD,Earnings,"Vail Resorts earnings above expectations at 9.16 USDUnited States EarningsVail Resorts (MTN) released earnings per share at 9.16 USD, compared to market expectations of 9.03 USD.2022-06-09T20:32:10.593"
DocuSign Inc earnings below expectations at 0.38 USD,Earnings,"DocuSign Inc earnings below expectations at 0.38 USDUnited States EarningsDocuSign Inc (DOCU) released earnings per share at 0.38 USD, compared to market expectations of 0.46 USD.2022-06-09T20:32:02.703"
DXY Firms at 3-Week High,Currency,"DXY Firms at 3-Week HighUnited States CurrencyThe dollar index strengthened to above 103, the highest in three weeks as investors brace for US inflation data that could strengthen the case for aggressive interest rate hikes by the Federal Reserve after a better-than-expected US jobs report last week indicated a solid economic trajectory and supported the Fed’s aggressive stance against surging inflation. The Fed is set to deliver a 50bps rate hike at its June and July meetings, and a high inflation reading would add to expectations of further tightening in the second half of the year. On the other hand, if inflation slows down from April, as expected, some could infer that it has peaked. The most pronounced buying activity was against the euro after ECB signaled the start of monetary normalization with a 25bps rate hike in July and opened the door to a bigger increase in September, putting the Eurozone’s economic growth at risk. 2022-06-09T18:21:00"
10-Year Treasury Yield Hovers Near 3-1/2-Year High,Government Bond 10Y,"10-Year Treasury Yield Hovers Near 3-1/2-Year HighUnited States Government Bond 10YThe 10-year US Treasury note yield consolidated above 3%, moving closer to an over three-year peak of 3.2%, as investors assessed the outlook for inflation and monetary policy ahead of Friday's highly anticipated May US consumer price data. Inflation is seen above 8%, increasing pressure on the Federal Reserve to stick to aggressive rate hikes. The US Central Bank has raised its benchmark policy rate by half a percentage point for the first time since 2000 in early May while signaling it intended to increase it by the same amount in June.2022-06-09T12:22:00"
Dollar Firms Up as Inflation Data Looms,Currency,"Dollar Firms Up as Inflation Data LoomsUnited States CurrencyThe dollar index firmed up around 102.5 on Thursday, remaining in a tight trading range, as investors brace for US inflation data that could guide the Federal Reserve’s rate hike timeline. The US consumer price index for May due out on Friday is expected to have gained 5.9% on the year, after an annual rise of 6.2% in April, based on consensus forecasts. While markets have priced in another half-percentage point rate increases for both June and July, a high inflation reading would bolster expectations of further tightening in the second half of the year. Meanwhile, investors remained cautious ahead of the European Central Bank meeting later on Thursday where it is expected to at least lay the groundwork for rapid rate rises, if not begin them with a small hike.2022-06-09T05:05:03.223"
Wall Street Closes Lower,Stock Market,"Wall Street Closes LowerUnited States Stock MarketThe Dow Jones fell 270 points, the S&P 500 shed 1.1% and the Nasdaq retreated 0.7% as investors were coming to terms that high inflation rates will force central banks to tighten monetary policy faster than expected thus restraining economic growth and the outlook for corporate earnings. In the lack of any significant catalyst, signs of lower consumer spending following weak guidance from Target and Credit Suisse, alongside high Treasury yields continued to grip Wall Street. Meanwhile, mortgage applications in the US continued to fall heading into June as mortgage rates moved higher, housing prices remained elevated, and housing inventory was low. Among single stocks, US-traded shares of Credit Suisse declined by over 1% after the bank issued a profit warning for the second quarter; Intel tumbled 5% after management warned of weakening demand for semiconductors; and shares of Robinhood dropped 4% as Securities and Exchange Commission chief previewed overhauls to market rules .2022-06-08T20:07:00"
Brown Forman earnings above expectations at 0.31 USD,Earnings,"Brown Forman earnings above expectations at 0.31 USDUnited States EarningsBrown Forman (BFa) released earnings per share at 0.31 USD, compared to market expectations of 0.27 USD.2022-06-08T17:57:37.21"
Brown-Forman earnings above expectations at 0.31 USD,Earnings,"Brown-Forman earnings above expectations at 0.31 USDUnited States EarningsBrown-Forman (BFb) released earnings per share at 0.31 USD, compared to market expectations of 0.27 USD.2022-06-08T16:24:48.777"
US Crude Stocks Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 2.025 million barrels in the week ended June 3rd, after a 5.068 million decrease in the previous period and compared to market expectations for a 1.917 million drop. Meanwhile, crude stocks at the Cushing, Oklahoma, fell by 1.593 million barrels, down from a 0.256-million-barrel injection; and gasoline stocks fell by 0.812 million barrels, against forecasts of a 1.075 million rise. Distillate stockpiles which include diesel and heating oil increased by 2.592 million barrels, above expectations for a 1.06 million increase.2022-06-08T14:35:26.937"
US Wholesale Inventories Revised Slightly Up,Wholesale Inventories,"US Wholesale Inventories Revised Slightly UpUnited States Wholesale InventoriesWholesale inventories in the US increased 2.2 percent from a month earlier to $861.8 billion in April of 2022, slightly above an initial estimate of 2.1 percent and after a 2.7 percent rise in the previous month. It was the 21st straight month of gains, as both durable goods (2 percent vs 2.4 percent in March) and nondurable (2.4 percent vs 3.3 percent) stocks increased. On an annual basis, wholesale inventories jumped 24 percent in April, also above an earlier reading of 23.8 percent.2022-06-08T14:05:00"
Wall Street Struggles to Make Headway,Stock Market,"Wall Street Struggles to Make Headway United States Stock MarketThree major US stock indexes were down almost 1% on Wednesday as investors assessed the outlook for economic growth and monetary policy ahead of a US inflation reading due at the end of the week. In the lack of any significant catalyst, signs of lower consumer spending following weak guidance from Target and high Treasury yields continued to grip Wall Street. On the corporate side, shares of Ollie’s Bargain Outlet Holdings came under pressure after the retailer missed estimates for its first quarter. Meanwhile, Mortgage applications in the US continued to fall heading into June as mortgage rates moved higher, housing prices remained elevated, and housing inventory was low.2022-06-08T13:44:00"
Campbell Soup earnings above expectations at 0.70 USD,Earnings,"Campbell Soup earnings above expectations at 0.70 USDUnited States EarningsCampbell Soup (CPB) released earnings per share at 0.70 USD, compared to market expectations of 0.61 USD.2022-06-08T11:45:36.283"
Dollar Firms Up as Inflation Data Looms,Currency,"Dollar Firms Up as Inflation Data LoomsUnited States CurrencyThe dollar index firmed up around 102.5 on Thursday, remaining in a tight trading range, as investors brace for US inflation data due out on Friday that could strengthen the case for aggressive interest rate hikes by the Federal Reserve. Investors also digested a better-than-expected US jobs report from last week, which signaled economic resiliency and supported the Fed’s assertive stance against inflation. While markets priced in another 50 basis point rate hikes both in June and July, a high inflation reading would bolster expectations of further tightening in the second half of the year. Meanwhile, investors remained cautious ahead of the European Central Bank meeting on Thursday where it is expected to at least lay the groundwork for rapid rate rises, if not begin them with a small hike.2022-06-08T03:52:00"
US Futures Slip After 2-Day Advance,Stock Market,"US Futures Slip After 2-Day AdvanceUnited States Stock MarketUS stock futures slipped around 0.2% in early trading on Wednesday after two straight days of gains, as investors continued to assess the impact of surging inflation and tighter financial conditions on corporate earnings and the wider economy. In regular trading on Tuesday, the Dow rose 0.8%, the S&P 500 added 0.95% and the Nasdaq Composite was up 0.94% for their second straight day of gains. Ten of the 11 S&P sectors ended in positive territory, led by the energy, industrials and health sectors. The stock market shrugged off a profit warning from Target after the retailer slashed its guidance and said it was planning to get rid of excess inventory. Investors now look ahead to Friday’s consumer price index reading for May, which will be crucial for the path of Federal Reserve policy and whether the central bank will keep raising interest rates beyond July.2022-06-08T00:45:00"
US Crude Oil Stocks Rise the Most in 6 Weeks: API,API Crude Oil Stock Change,"US Crude Oil Stocks Rise the Most in 6 Weeks: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 1.845 million barrels in the week ended June 3rd, after a 1.181 million barrels decline in the previous week and compared to market expectations of a 1.800 million fall.  It was the largest injection of crude oil US inventories in six weeks, data from the American Petroleum Institute showed.2022-06-07T20:37:28.32"
US 10-Year Treasury Yield Falls to Below 3%,Government Bond 10Y,"US 10-Year Treasury Yield Falls to Below 3%United States Government Bond 10YThe benchmark 10-year US yield held fell to below 3% on Tuesday, after Target Corp. warned about excess inventory and said it would cut prices, boosting bets that the worst of inflation may be in the past. Still, investors await US inflation data this week that could strengthen the case for aggressive interest rate hikes by the Federal Reserve after a better-than-expected US jobs report last week indicated a solid economic trajectory and supported the Fed’s aggressive stance against surging inflation. The Fed has raised interest rates by an aggregate of 75 basis points this year, and while it is widely expected to deliver 50 basis point rate hikes at its June and July policy meetings, a high inflation reading would bolster expectations of further tightening in the second half of the year. 2022-06-07T20:21:13.68"
US Consumer Credit Beats Forecasts,Consumer Credit,"US Consumer Credit Beats ForecastsUnited States Consumer CreditConsumer credit in the United States increased by USD 38.07 billion in April of 2022, after a downwardly revised USD 47.34 billion gain in the previous month and above market expectation of a USD 35 billion rise. Revolving credit, which includes credit card debt, rose by USD 17.77 billion while non-revolving credit, which includes auto and student loans went up by USD 20.3 billion. On an annual basis, consumer credit grew 10.1 percent, following a downwardly revised 12.7 percent increase in March.2022-06-07T19:09:18.597"
US Imports Fall 3.4% in April,Imports,"US Imports Fall 3.4% in AprilUnited States ImportsImports to the United States declined by 3.7 percent or USD 12.1 billion from a month earlier to USD 339.7 billion in April 2022. Purchases of goods fell by 13 billion to USD 283.8 billion due to lower imports of consumer goods (-USD 6.3 billion), particularly other textile apparel and household goods (-USD 1.3 billion). At the same time, imports of industrial supplies and materials dropped by USD 5.3 billion while those of capital goods fell by USD 2.6 billion. Meanwhile, services imports increased by USD 0.9 billion to USD 55.9 billion, led by travel (+USD 0.6 billion). Regarding major trading partners, imports from China decreased sharply amid an economic slowdown in the world's second-largest economy due to strict coronavirus-induced lockdowns. 2022-06-07T12:47:00"
US Exports Climb to Fresh Record,Exports,"US Exports Climb to Fresh RecordUnited States ExportsExports from the United States increased by 3.5 percent or USD 8.5 billion from the previous month to USD 252.6 billion in April of 2022, the highest since the series began in 1950. Exports of goods increased by USD 6.1 billion to USD 176.1 billion, driven by industrial supplies and materials (USD 2.3 billion), mainly natural gas (USD 0.9 billion) and other petroleum products (USD 0.7 billion). Also, sales of foods, feeds, and beverages increased by USD 2.2 billion. Meantime, services exports increased by USD 2.4 billion to USD 76.5 billion, led by travel (USD 1.5 billion) and transport (USD 0.3 billion).2022-06-07T12:38:21.363"
J.M. Smucker earnings above expectations at 2.23 USD,Earnings,"J.M. Smucker earnings above expectations at 2.23 USDUnited States EarningsJ.M. Smucker (SJM) released earnings per share at 2.23 USD, compared to market expectations of 1.88 USD.2022-06-07T11:14:48.553"
US 10-Year Yield Holds Above 3% as Inflation Data Eyed,Government Bond 10Y,"US 10-Year Yield Holds Above 3% as Inflation Data EyedUnited States Government Bond 10YThe benchmark 10-year US yield held above 3% on Tuesday or about 20 basis points below a 3-½-year high reached last month, as investors brace for US inflation data this week that could strengthen the case for aggressive interest rate hikes by the Federal Reserve. Investors also digested a better-than-expected US jobs report from last week which indicated a solid economic trajectory and supported the Fed’s aggressive stance against surging inflation. The Fed has raised interest rates by an aggregate of 75 basis points this year, and while it is widely expected to deliver 50 basis point rate hikes at its June and July policy meetings, a high inflation reading would bolster expectations of further tightening in the second half of the year. Fed Vice Chair Lael Brainard recently said it is unlikely that the central bank would pause its current rate-hiking cycle until inflation is tamed, while St. Louis Fed President James Bullard warned that it is too early to call a peak in inflation.2022-06-07T08:14:34.203"
Dollar Climbs as Inflation Data Looms,Currency,"Dollar Climbs as Inflation Data LoomsUnited States CurrencyThe dollar index hovered at 102.5 on Tuesday, attempting to climb for the third straight day, as risk appetite receded and investors brace for US inflation data later this week that could strengthen the case for aggressive interest rate hikes by the Federal Reserve. Investors also digested a better-than-expected US jobs report from last week, which signaled economic resiliency and supported the Fed’s assertive stance against inflation. While markets priced in another 50 bps rate hike in June and July, a high inflation reading would bolster expectations of further tightening in the second half of the year. The dollar also benefited from waning investor confidence, with US stocks failing to hold onto gains toward the market close in recent sessions as inflation worries persisted.
2022-06-07T04:41:00"
US Futures Decline on Tuesday,Stock Market,"US Futures Decline on TuesdayUnited States Stock MarketUS stock futures dropped on Tuesday after the major averages logged modest gains in the previous session, as investors look ahead to a key inflation report due out later in the week. Futures contracts tied to the three major indexes all traded in negative territory. In regular trading on Monday, the Dow inched up 0.05%, the S&P 500 added 0.31% and the tech-heavy Nasdaq Composite advanced 0.4%. Eight of the 11 S&P sectors ended in positive territory, led by the consumer discretionary, communication services and materials sectors. The indexes gave back most of their gains from earlier in the session as the 10-year Treasury yield broke above 3% for the first time in a month.  Investors are focusing  on the May CPI reading to be released on Friday to gauge whether US inflation has peaked, but a high inflation reading would likely put an end to speculations that the Federal Reserve will pause its interest rate hikes in September.2022-06-07T00:03:00"
Wall Street Struggles,Stock Market,"Wall Street StrugglesUnited States Stock MarketThe Dow Jones closed mostly flat on Monday, having risen more than 300 points earlier and both the S&P 500 and the Nasdaq ended less than 0.5% higher, easing from an over 1% advance while the 10-Year Treasury yield broke above 3%. Market sentiment remains clouded by concerns about the implications of an aggressive tightening on a backdrop of soaring inflation and a challenging growth outlook. Now all eyes are on the US inflation report for May for further clues on the central bank’s rate-hike path. On the corporate side, shares of Amazon rose as the 20-for-1 stock split went into effect, while Twitter Inc declined after Elon Musk said he might walk away from his buyout offer if the social media company fails to provide data on spam and fake accounts. Meanwhile, Didi Global Inc rallied on optimism China will ease regulatory crackdowns. 2022-06-06T19:46:00"
Wall Street Rally Loses Steam,Stock Market,"Wall Street Rally Loses SteamUnited States Stock MarketUS stocks gave up some gains in afternoon trading on Monday, with the Dow Jones up only 20 points after rising more than 200 points earlier and both the S&P 500 and the Nasdaq adding 0.4%, easing from an over 1% advance while the 10-Year Treasury yield broke above 3%. On the corporate side, shares of Amazon were up almost 2% as the 20-for-1 stock split went into effect, while US-listed tech Chinese firms rallied on optimism about easing regulatory crackdowns. At the same time, solar energy stocks enjoyed some respite as investors reacted to headlines suggesting that the Biden administration would suspend tariffs on solar panels. Still, market sentiment remains clouded by concerns about the implications of an aggressive tightening on a backdrop of soaring inflation and a challenging growth outlook. Now all eyes are on the US inflation report for May for further clues on the central bank’s rate-hike path.2022-06-06T16:48:00"
Wall Street Gains Traction,Stock Market,"Wall Street Gains Traction United States Stock MarketThe Dow added more than 200 points at the opening bell on Monday, while the S&P 500 and Nasdaq advanced 1.1% and 1.5%, respectively, as investors took advantage of a decline in the previous week to open new positions. On the corporate side, shares of Amazon jumped almost 3% as the 20-for-1 stock split went into effect, while US-listed tech Chinese firms rallied on optimism about easing regulatory crackdowns. At the same time, solar energy stocks enjoyed some respite as investors reacted to headlines suggesting that the Biden administration would suspend tariffs on solar panels. Still, market sentiment remains clouded by concerns about the implications of an aggressive tightening on a backdrop of soaring inflation and a challenging growth outlook. Now all eyes are on the US inflation report for May for further clues on the central bank’s rate-hike path.2022-06-06T13:40:00"
Dollar Firms Up on Solid Jobs Report,Currency,"Dollar Firms Up on Solid Jobs ReportUnited States CurrencyThe dollar index firmed up above the 102 mark on Monday, holding onto gains from last week, after a better-than-expected US jobs report bolstered the Federal Reserve’s aggressive stance against surging inflation. Data showed the US economy added 390,000 jobs in May, posting higher than expected and reinforcing bets of additional rate hikes going into the second half of the year. The Fed has raised interest rates by an aggregate of 75 basis points this year and is widely expected to increase rates by another 50 bps at each of the next two meetings in June and July, while its actions after that remain up for debate. Investors now look ahead to the May consumer price index for release later this week to gauge whether US inflation has peaked. Cleveland Fed Bank President Loretta Mester said Friday she is looking for “compelling” evidence that inflation has peaked before reducing the pace of the Fed’s monetary tightening.2022-06-06T03:38:12.187"
US Services PMI Revised Slightly Lower: S&P Global,Services PMI,"US Services PMI Revised Slightly Lower: S&P GlobalUnited States Services PMIThe S&P Global US Services PMI was revised slightly lower to 53.4 in May of 2022 from a preliminary of 53.5, and down from 55.6 in April to signal the slowest rate of expansion since January. Domestic and foreign client demand weakened in part due to hikes in selling prices and supplier delivery delays. Although output charges increased at a slower rate than April's survey high, the rise was marked overall and reflected soaring input prices, which increased at the sharpest pace on record. The rate of job creation was broadly in line with April's recent high, with firms noting the filling of long-held vacancies and greater staffing numbers in response to new order inflows. Finally, confidence picked up from that seen in April and was strong overall.2022-06-03T14:00:14.187"
US Private Sector Activity Growth Eases More than Anticipated,Composite PMI,"US Private Sector Activity Growth Eases More than AnticipatedUnited States Composite PMIThe S&P Global US Composite PMI was revised lower to 53.6 in May of 2022 from a preliminary of 53.8, down from 56.0 in April, to signal a solid but slower upturn in private sector business activity. The softer rise in output reflected slower increases in the manufacturing and service sectors, amid hikes in selling prices and supply-chain disruption. The rise in new orders was the joint-softest since September 2020 and foreign client demand increased at the weakest rate since January. Inflationary pressures remained marked in May, as the rate of increase in cost burdens accelerated again. Although the pace of input price inflation quickened to a series high, there was evidence of a hesitancy to completely pass higher costs on, as output charges rose at a softer pace. Backlogs of work continued to expand sharply, however, as firms stepped up their hiring activity in response. 2022-06-03T13:52:17.21"
US 10-Year Treasury Yield Rises on Strong Labor Data,Government Bond 10Y,"US 10-Year Treasury Yield Rises on Strong Labor DataUnited States Government Bond 10YThe benchmark US 10-year Treasury yield rose above 2.95%, approaching the 2018-high of 3.15% hit in May, as strong job growth added to expectations of tighter policy by the Federal Reserve. The US economy added 390 thousand jobs in May, surpassing market expectations of 328 thousand while the unemployment rate remained steady at the 1969-low of 3.6%. The hawkish sentiment remains consistent across the Fed's board. Fed Vice Chair Brainard said it is unlikely the central bank will pause its current tightening cycle as the inflation rate remains at a 40-year high. Also, St. Louis Fed President James Bullard noted that it is too early to call a peak in inflation, warning that price pressures receded but then reasserted themselves in previous periods of high inflation.
2022-06-03T12:51:00"
DXY Strengthens Above 102,Currency,"DXY Strengthens Above 102 United States CurrencyThe dollar index rose to above the 102 mark on Friday while posting its first weekly advance in three after the US jobs report showed more positions were added in May than expected, indicating the economy remains resilient to further interest rate increases. The report also showed that wage growth increased at the same pace as the previous month, below what markets were expecting, easing some fears over spiraling inflation. Markets are now pricing two 50-basis point interest rate increases in June and July but what could happen after that remains uncertain. Meanwhile, two policymakers signaled on Thursday that the central bank would continue tightening monetary policy beyond the half-percentage point rate hikes expected at each of its next two meetings as inflation remains elevated.
2022-06-03T12:43:00"
US Jobless Rate Unchanged for 3rd Month,Unemployment Rate,"US Jobless Rate Unchanged for 3rd MonthUnited States Unemployment RateThe US unemployment rate was unchanged at 3.6 percent in May of 2022, the same as in the previous two months, remaining the lowest since February 2020 and compared with market expectations of 3.5 percent. The number of unemployed people increased by 9 thousand to 5.950 million, while employment levels rose by 321 thousand to 158.426 million. Meanwhile, the labor force participation rate edged up to 62.3 percent in May from a 3-month low of 62.2 percent in April.2022-06-03T12:33:00"
US Wage Growth Below Forecasts,Average Hourly Earnings,"US Wage Growth Below ForecastsUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls in the US rose by 10 cents, or 0.3%, to $31.95 in May of 2022, the same pace as in the prior month and slightly below market expectations of a 0.4% gain. In May, average hourly earnings of private-sector production and nonsupervisory employees rose by 15 cents, or 0.6 percent, to $27.33. Over the past 12 months, average hourly earnings have increased by 5.2%, following a 5.5% rise in April and in line with market forecasts.2022-06-03T12:33:00"
HCP earnings above expectations at -0.17 USD,Earnings,"HCP earnings above expectations at -0.17 USDUnited States EarningsHCP (HCP) released earnings per share at -0.17 USD, compared to market expectations of -0.29 USD.2022-06-03T08:07:19.567"
Cooper Companies earnings below expectations at 3.24 USD,Earnings,"Cooper Companies earnings below expectations at 3.24 USDUnited States EarningsCooper Companies (COO) released earnings per share at 3.24 USD, compared to market expectations of 3.43 USD.2022-06-03T08:07:02.683"
Dollar Holds Decline Ahead of US Jobs Update,Currency,"Dollar Holds Decline Ahead of US Jobs UpdateUnited States CurrencyThe dollar index held around 101.7 on Friday after falling nearly 1% in the previous session, facing pressure from a strong rally in risk assets and uncertainties about the Federal Reserve’s monetary tightening plans. Overnight data showed US private payrolls rose less than expected last month, while investors await US non-farm payrolls data due later today to gauge the strength of the broader economy and guide the outlook for US monetary policy. Markets are priced for two 50-basis point rate increases in June and July but the dollar has been pushed around this week by uncertainty about what happens after that. Meanwhile, two policymakers signaled on Thursday that the central bank is likely to continue tightening monetary policy beyond the half-percentage point rate hikes expected at each of its next two meetings.2022-06-03T05:27:14.923"
OKTA Inc earnings above expectations at -0.27 USD,Earnings,"OKTA Inc earnings above expectations at -0.27 USDUnited States EarningsOKTA Inc (OKTA) released earnings per share at -0.27 USD, compared to market expectations of -0.34 USD.2022-06-02T22:07:23.163"
CrowdStrike Holdings Inc. earnings above expectations at 0.31 USD,Earnings,"CrowdStrike Holdings Inc. earnings above expectations at 0.31 USDUnited States EarningsCrowdStrike Holdings Inc. (CRWD) released earnings per share at 0.31 USD, compared to market expectations of 0.23 USD.2022-06-02T22:07:08.71"
S&P 500 Hits 4-week High,Stock Market,S&P 500 Hits 4-week HighUnited States Stock MarketUS500 increased to a 4-week high of 41702022-06-02T19:50:02.677
US Crude Inventories Fall More than Expected: EIA,Crude Oil Stocks Change,"US Crude Inventories Fall More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 5.068 million barrels in the week ended May 27th, following a 1.019-million-barrel decline in the previous week and compared to market expectations of a 1.35 million decrease. At the same time, gasoline stocks unexpectedly shrank by 0.711 million barrels, surprising analysts’ forecasts of a 0.533-million-barrel gain. 2022-06-02T15:06:58.687"
Dollar Faces Downward Pressure,Currency,"Dollar Faces Downward PressureUnited States CurrencyThe dollar index tested the 102 mark on Thursday as dismal US economic data spooked investors away from the greenback. The ADP report showed that US companies added the fewest number of jobs since the pandemic recovery began, suggesting the Fed could be less hawkish. This weakness has been seen across the board, but some of the most pronounced selling activity was against commodity-linked currencies, such as the New Zealand and Australian dollars.  2022-06-02T14:16:00"
US Stocks to Open Higher,Stock Market,"US Stocks to Open HigherUnited States Stock MarketUS futures were modestly higher on Thursday, as investors continue to assess the economic outlook, corporate results and economic figures. Fresh data continues to point to a robust manufacturing sector while the ADP report showed US companies added the fewest number of jobs since the pandemic recovery began. At the same time, oil prices declined, offering some temporarily relief over a spike in inflation. Still, concerns over faster interest rate increases and the risk of recession linger. Investors now await the payrolls report tomorrow for further updates on the labour strenght and wage growth. On the corporate front, earnings from pet retailer Chewy and apparel retailer PVH beat forecasts while earnings and revenues from HP missed. In regular trading on Wednesday, the Dow lost 0.54%, while the S&P 500 and Nasdaq Composite dropped 0.75% and 0.72%, respectively.2022-06-02T13:02:00"
"US Labor Productivity Revised Higher, Still Falls the Most in 75 Years",Productivity,"US Labor Productivity Revised Higher, Still Falls the Most in 75 YearsUnited States ProductivityNonfarm labor productivity in the US fell an annualized 7.3 percent in the first quarter of 2022, below earlier estimates of a 7.5 percent drop and following a 6.3 percent rise in the previous period. It was the steepest decrease in productivity since the third quarter of 1947, as output fell by 2.4 percent (vs 9 percent in Q4 2021) and hours worked rose by 5.4 percent (vs 2.5 percent). Year-on-year, nonfarm business sector labor productivity fell by 0.6 percent, consistent with previous estimates and compared to a 1.9 percent advance in the previous quarter.2022-06-02T12:35:00"
US Labour Costs Revised Higher in Q1,Labour Costs,"US Labour Costs Revised Higher in Q1United States Labour CostsUnit labor costs in the US nonfarm business sector jumped an annualized 12.6 percent in the first quarter of 2022, higher than initial estimates of an 11.6% rise. It reflects a 4.4% increase in hourly compensation and a 7.3% decrease in productivity. Unit labor costs increased 8.2% over the last four quarters, the largest four-quarter increase since Q3 1982. 2022-06-02T12:34:10.497"
US Job Cuts Fall in May,Challenger Job Cuts,"US Job Cuts Fall in MayUnited States Challenger Job CutsUS-based companies announced plans to cut 20,712 jobs from their payrolls in May of 2022, the lowest reading in three months. It is 15.8% lower than the 24,586 cuts announced in May of 2021. So far this year, employers announced plans to cut 100,694 job cuts, the lowest on record for the first five months of the year. Still, four industries saw more job cuts announced in May than in the previous four months of the year combined: technology (4,044, the highest since December of 2020); fintech (2,059); construction (817); and automotive (2,918). Meanwhile, employers in the US announced 126,083 hiring plans in May, primarily on plans from Ace Hardware to hire 40,000 associates and 7-Eleven, which plans to hire 60,000. So far this year, there were 612,686 hiring announcements, the second-highest January-May hiring total on record.2022-06-02T11:49:00"
Hormel Foods earnings above expectations at 0.48 USD,Earnings,"Hormel Foods earnings above expectations at 0.48 USDUnited States EarningsHormel Foods (HRL) released earnings per share at 0.48 USD, compared to market expectations of 0.47 USD.2022-06-02T11:16:35.17"
Veeva Systems earnings above expectations at 0.99 USD,Earnings,"Veeva Systems earnings above expectations at 0.99 USDUnited States EarningsVeeva Systems (VEEV) released earnings per share at 0.99 USD, compared to market expectations of 0.92 USD.2022-06-02T08:03:28.063"
MongoDB Inc earnings above expectations at 0.20 USD,Earnings,"MongoDB Inc earnings above expectations at 0.20 USDUnited States EarningsMongoDB Inc (MDB) released earnings per share at 0.20 USD, compared to market expectations of -0.08 USD.2022-06-02T08:03:19.063"
US 10-Year Treasury Yield Holds Above 2.9%,Government Bond 10Y,"US 10-Year Treasury Yield Holds Above 2.9%United States Government Bond 10YThe benchmark US 10-year yield held above 2.9% on Friday, hovering near a two-week high amid concerns over a potential reacceleration in global inflation and further monetary tightening from the Federal Reserve. Rising prices around the world remain a key concern for investors, with the latest euro zone inflation data coming in much higher than expected. St. Louis Fed President James Bullard noted recently that it is “too early” to call a peak in inflation, warning that in past periods of high inflation, price pressures receded for months but then reasserted themselves. Two other Fed officials also signaled on Thursday that the central bank is likely to continue tightening monetary policy beyond the half-percentage point rate hikes expected at each of its next two meetings. Investors now look ahead to US nonfarm payrolls and inflation data for May to gauge the strength of the broader economy and guide the outlook for monetary policy.2022-06-02T07:03:00"
"Dollar Firms Up on Rising Yields, Inflation Woes",Currency,"Dollar Firms Up on Rising Yields, Inflation WoesUnited States CurrencyThe dollar index held around 102.5 on Thursday after rallying for two straight sessions, supported by rising US Treasury yields and widespread concerns over high inflation. The benchmark US 10-year yield jumped back above 2.9% on Wednesday as investors priced in a potential reacceleration in inflation, more aggressive monetary tightening and the possibility of a recession. Rising prices around the world remain a key concern for investors, with euro zone inflation data coming in much higher than expected on Tuesday. Uncertainties around the outlook for monetary policy also kept markets on edge, with Federal Reserve Governor Christopher Waller saying on Monday that he is not “taking 50-basis point hikes off the table” until he sees inflation come back closer to the central bank’s 2% target. Investors now look ahead to US nonfarm payrolls and inflation data for May for clues on the health of the economy and to guide the outlook for monetary policy.2022-06-02T04:41:02.613"
US Futures Slip Further on Economic Concerns,Stock Market,"US Futures Slip Further on Economic ConcernsUnited States Stock MarketUS stock futures slipped further on Thursday after stern comments from JPMorgan CEO Jamie Dimon, warning of an economic “hurricane” caused by the Federal Reserve and the war in Ukraine, sent Wall Street lower on the first trading day of June. Futures contracts tied to the three major indexes each fell about 0.3%. In regular trading on Wednesday, the Dow lost 0.54%, while the S&P 500 and Nasdaq Composite dropped 0.75% and 0.72%, respectively. The consumer defensive, healthcare and financial sectors led the decline. Those losses came following Dimon’s comments at an investment conference, where he also said his company is “going to be very conservative with our balance sheet.” Investors also digested new data which pointed to a still tight labor market and stronger-than-expected manufacturing activity, raising concerns about further interest rate increases.2022-06-02T00:13:00"
NetApp earnings above expectations at 1.42 USD,Earnings,"NetApp earnings above expectations at 1.42 USDUnited States EarningsNetApp (NTAP) released earnings per share at 1.42 USD, compared to market expectations of 1.28 USD.2022-06-01T20:35:14.037"
Hewlett Packard earnings below expectations at 0.44 USD,Earnings,"Hewlett Packard earnings below expectations at 0.44 USDUnited States EarningsHewlett Packard (HPE) released earnings per share at 0.44 USD, compared to market expectations of 0.45 USD.2022-06-01T20:35:07.593"
US Construction Spending Rises Less than Expected,Construction Spending,"US Construction Spending Rises Less than ExpectedUnited States Construction SpendingConstruction spending in the US increased 0.2 percent from the previous month to a seasonally adjusted annual rate of USD 1.745 trillion in April of 2022, easing from an upwardly revised 0.3 percent gain in March and missing market expectations of a 0.5 percent advance. Spending on private construction rose 0.5 percent, mainly due to higher expenditure for new single family residential construction (0.5 percent) and manufacturing (1.6 percent) and office infrastructure (0.1 percent) while spending fell for power (-1.5 percent) and commercial construction (-0.2 percent).  On the other hand, public construction outlays fell 0.7 percent from the previous month, dragged down by lower spending for both non-residential (-0.7 percent) and residential (-1.2 percent) construction.2022-06-01T14:10:48.317"
US Manufacturing PMI Revised Lower: S&P Global,Manufacturing PMI,"US Manufacturing PMI Revised Lower: S&P GlobalUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was revised lower to 57 in May of 2022 from a preliminary of 57.5, pointing to the slowest albeit robust growth in factory activity since January. Production and new orders eased although employment picked up and backlogs of work increased. Meanwhile, the rate of cost inflation accelerated to the fastest in six months, with firms passing on higher expenses to customers through a near-record rise in output charges. Higher operating expenses were commonly linked to hikes in metals, energy, fuel and transportation costs, with some firms mentioning that the war in Ukraine and COVID-19 lockdowns in mainland China had exacerbated surging prices. Also, business confidence fell to the lowest level since October 2020.2022-06-01T13:56:35.85"
US Mortgage Applications Fall for 3rd Week,Mortgage Applications,"US Mortgage Applications Fall for 3rd WeekUnited States Mortgage ApplicationsMortgage applications in the US fell 2.3% in the week ended May 27th to the lowest level since December of 2018, a third consecutive decrease, pointing to further cooling in a housing market amid high prices and rising borrowing costs. Applications to refinance a home dropped 5.4% and those to purchase a home went down 0.6%. Meanwhile, the average contract rate on a 30-year fixed-rate mortgage fell by 13bps to 5.33%.2022-06-01T11:12:00"
"Dollar Climbs on Rising Yields, Inflation Worries",Currency,"Dollar Climbs on Rising Yields, Inflation WorriesUnited States CurrencyThe dollar index rose toward 103 on Wednesday, extending gains in the previous session, amid rising Treasury yields and as worries over a further acceleration in global inflation drove safe-haven demand for the greenback. US Treasury yields have been climbing this week after Fed Governor Christopher Waller said the central bank should be prepared to raise interest rates by 50 basis points at every meeting from now on until inflation is decisively curbed. President Joe Biden also assured Fed Chair Jerome Powell in a meeting on Tuesday that he will give the central bank the space and independence to address inflation as it sees fit. The dollar also found support after data showed euro-area consumer inflation soared to a record, stoking fears of further acceleration in global inflation and denting risk sentiment among investors.2022-06-01T06:35:00"
HP earnings above expectations at 1.08 USD,Earnings,"HP earnings above expectations at 1.08 USDUnited States EarningsHP (HPQ) released earnings per share at 1.08 USD, compared to market expectations of 1.05 USD.2022-05-31T20:37:09.31"
Salesforce.com earnings above expectations at 0.98 USD,Earnings,"Salesforce.com earnings above expectations at 0.98 USDUnited States EarningsSalesforce.com (CRM) released earnings per share at 0.98 USD, compared to market expectations of 0.94 USD.2022-05-31T20:37:02.997"
Wall Street Rally Pauses,Stock Market,"Wall Street Rally Pauses United States Stock MarketThe Dow finished Tuesday's session down over 200 points, while the S&P 500 and Nasdaq lost 0.6% and 0.4%, respectively, as investors fretted over the implications of soaring inflation and tighter monetary policy on the growth momentum. Fed Governor Christopher Waller highlighted earlier this week that the US central bank should be prepared to hike interest rates by a half percentage point at every meeting until there is clear and convincing evidence that inflation is dropping. In Europe, record-high inflation in the eurozone sparked bets that the ECB would have to move even more aggressively. Meanwhile, the Dow and the S&P 500 indexes ended May virtually flat, while the Nasdaq lost over 2%.2022-05-31T20:03:00"
Wall Street Rally Runs Out of Steam,Stock Market,"Wall Street Rally Runs Out of SteamUnited States Stock MarketWall Street's main indexes began a holiday-shortened week lower amid lingering worries over the implications of soaring inflation and tighter monetary policy on the growth momentum. Fed Governor Christopher Waller highlighted earlier this week that the US central bank should be prepared to hike interest rates by a half percentage point at every meeting until there is clear and convincing evidence that inflation is dropping. Adding to concerns about runaway price growth were soaring crude oil prices after EU leaders reached an agreement to ban 90% of Russian crude by the end of 2022. At the same time, record-high inflation in the eurozone sparked bets that the ECB would have to move even more aggressively. The Dow and the S&P 500 indexes are only marginally higher on the month, while the Nasdaq is down almost 2%. 2022-05-31T13:34:00"
US Home Prices Rise at a Slower Pace: FHFA,House Price Index MoM,"US Home Prices Rise at a Slower Pace: FHFAUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the US increased 1.5% from a month earlier in March of 2022, easing from a revised record 1.9% rise in February. Considering Q1, house prices rose 18.7% from a year earlier and were up 4.6% compared to the fourth quarter of 2021. Of the nine census divisions, the Mountain division recorded the strongest four-quarter appreciation, posting a 24.0% yearly gain and a 5.7% quarterly increase. Annual house price appreciation was weakest in the Middle Atlantic division, where prices rose by 14.6% from a year earlier. ""Strong demand coupled with tight supply have kept prices climbing. Through the end of March, higher mortgage rates have not yet translated into slower price gains, but new home sales have dropped during the last few months, with a significant falloff in April."" said William Doerner, Ph.D., Supervisory Economist in FHFA's Division of Research and Statistics.2022-05-31T13:11:00"
US 10-Year Treasury Yields Inch Higher,Government Bond 10Y,"US 10-Year Treasury Yields Inch HigherUnited States Government Bond 10YThe yield on the US 10-year government bond rose to above 2.8%, firming above a six-week low of 2.706% hit last week, after hawkish comments from Fed Governor Waller amidst soaring inflation. US Federal Reserve Governor Christopher Waller said that until a substantial reduction in inflation a 50bps hike is on the table in every Fed meeting. Markets are pricing in 50-basis-point hikes at each of the Fed's June and July meetings and some probability of a similar move in September. Meanwhile, investors worry that inflation reports out of European countries showing that prices increased at a much faster pace than what was expected could spread into the US. Moreover, crude prices rose toward $120 per barrel, approaching again levels not seen since 2008, after the EU agreed on a partial ban on Russian oil imports. The annual inflation rate in the US slowed to 8.3% in April from a 41-year high of 8.5% in March, and the May print is set to be out on June 10th.2022-05-31T11:19:00"
US Stocks Set to Start Week Lower,Stock Market,"US Stocks Set to Start Week LowerUnited States Stock MarketUS futures fell nearly 1% on Tuesday amid mounting concerns over rising inflation and the need for more aggressive interest rate increases, after Eurozone inflation rate accelerated more than expected in May, showing no signs of peaking. At the same time, oil prices are approaching 2008-levels again as the EU agreed in principle to ban most of its Russian oil imports, putting further pressure on the general price level. Markets in the US were closed on Monday for the Memorial Day holiday. Last week, the three main averages booked strong gains as solid retail earnings, robust consumer spending and a slowing inflation report for the US lifted sentiment. This week, all eyes will be on the payrolls report due Friday while more corporate results and guidance will provide further clues on the economic outlook.2022-05-31T10:07:00"
Dollar Heads for Monthly Loss,Currency,"Dollar Heads for Monthly LossUnited States CurrencyThe dollar index rose above 101.5 on Tuesday, but was still set to end the month lower as investors repositioned for the possibility of a slower pace of US interest rate hikes and as fears of a global recession have somewhat receded. The Fed-preferred core PCE index slowed to 4.9% year-on-year in April from 5.2% in March, a still-elevated level that nonetheless indicated that price pressure could be easing a bit. US consumer spending also rose more than expected in April which shows that the economy remains robust despite price pressures. Investors have scaled back forward expectations about Fed rate hikes amid hints the central bank might slow or even pause its tightening cycle later this year after raising interest rates aggressively over the next two months. Meanwhile, analysts noted that there was no assurance that the Fed would pivot away from an aggressive pace of tightening given the uncertain economic outlook.2022-05-31T06:25:47.253"
Dollar Remains Weak as Fed Bets Ease,Currency,"Dollar Remains Weak as Fed Bets EaseUnited States CurrencyThe dollar index hovered one-month lows around 101.5 on Monday, as investors reassessed expectations about the Federal Reserve’s monetary tightening plans and as fears of a global recession have somewhat receded. The Fed-preferred core PCE index slowed to 4.9% year-on-year in April from 5.2% in March, a still-elevated level that nonetheless indicated that price pressure could be easing a bit. US consumer spending also rose more than expected in April which shows that the economy remains robust despite price pressures. Investors have scaled back forward expectations about Fed rate hikes amid hints the central bank might slow or even pause its tightening cycle later this year after raising interest rates aggressively over the next two months. Meanwhile, major Chinese cities started easing virus curbs as infections stabilized, raising hopes for a rebound on global consumption.2022-05-30T06:19:52.467"
Week Ahead,Population,"Week AheadUnited States PopulationIt will be a busy week in the US with labour report taking the central stage followed by ISM Manufacturing and Services PMI. Also, investors will be closely watching Q1 GDP growth releases for  Switzerland, Canada, Australia, Brazil, India and inflation rates for several European countries including Germany and France. Also, speeches by several Fed officials and Bank of Canada interest rate decision should provide some update on monetary policy setting. 2022-05-28T17:30:00"
Wall Street Rally Enters 3rd Day,Stock Market,"Wall Street Rally Enters 3rd DayUnited States Stock MarketThe stock rally gained steam on Friday, with the Dow Jones adding 300 points and the S&P 500 and the Nasdaq jumping 1.5% and 2% respectively. Traders welcomed fresh data showing consumer spending rose more than expected in April, signaling consumption remained robust at the beginning of Q2 and may support a GDP expansion this year. Also, a closely watched PCE inflation reading eased in April. At the same time, dip buyers returned to the market while FOMC minutes released early in the week pointed out that the Fed would not embark on more aggressive interest rate hikes. On the corporate front, Autodesk rose 7.4% and Dell Technologies surged almost 14% on strong earnings. On the other hand, Gap Inc. fell more than 2% after lowering its full-year forecast. On the week, the three main averages are on track to gain nearly 5%, with the Dow snapping its longest losing streak since 1923.2022-05-27T15:29:00"
US Consumer Sentiment Revised Lower in May,Consumer Confidence,"US Consumer Sentiment Revised Lower in MayUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised down to 58.4 in May of 2022, the lowest since August 2011, from a preliminary reading of 59.1. Consumers continued to have negative views on current buying conditions for houses and durables, as well as the future outlook for the economy, primarily due to concerns over inflation. At the same time, consumers expressed less pessimism over future prospects for their personal finances than over future business conditions. The gauge for current conditions fell to 63.3 from a preliminary of 63.6 and the expectations subindex declined to 55.2 from 56.3 in the first estimate. Meanwhile, inflation expectations for the year ahead dropped to 5.3% from 5.4% but the 5-year outlook was unchanged at 3%.
2022-05-27T14:08:00"
Wall Street Set to End the Week Sharply Higher,Stock Market,"Wall Street Set to End the Week Sharply HigherUnited States Stock MarketUS stocks extended gains for a 3rd straight session on Friday, with the Dow Jones adding almost 100 points while the S&P 500 jumped nearly 1% and the Nasdaq more than 1.5%. Traders welcomed fresh data showing consumer spending rose more than expected in April, signalling consumption remained robust at the beginning of Q2 and may support a GDP expansion this year while PCE inflation eased as price pressures seem to be slowing. At the same time, dip buyers returned to the market while FOMC minutes released early in the week pointed out that the Fed would not embark on more aggressive interest rate hikes. The earnings season continues with Ulta Beauty reporting better-than-expected quarterly results, while Gap cut its profit guidance. On the week, the three main averages are on track to gain nearly 4%, with the Dow snapping its longest losing streak since 1923.2022-05-27T13:39:00"
US 10-Year Treasury Note Yield Little Changed,Government Bond 10Y,"US 10-Year Treasury Note Yield Little ChangedUnited States Government Bond 10YThe 10-year US Treasury note yield, which sets the tone for corporate and household borrowing costs worldwide, remained little changed around 2.74% on Friday, as traders digested PCE data. Core PCE price inflation, Fed’s preferred inflation gauge, fell to 4.9% from a year earlier in April, the lowest in 4 months, pointing out that price increases could be slowing. Earlier in the week, the latest FOMC meeting minutes provided some relief regarding the Fed’s forward guidance, as most policymakers agreed that 50 basis point rate hikes would be appropriate as inflation risks are skewed to the upside, while the economy is robust and the labor market is tight. Still, the magnitude of tighter monetary policy for the rest of the year remains unclear, owing to high uncertainty due to the war in Ukraine. Markets will be closed on Monday for the Memorial Day holiday.2022-05-27T13:03:00"
US Futures Extend Gains on Upbeat PCE,Stock Market,"US Futures Extend Gains on Upbeat PCEUnited States Stock MarketUS futures extended gains on Friday after fresh data showed consumer spending rose more than expected and PCE inflation eased last month. The data signaled consumer spending remained robust at the beginning of Q2 and may support a GDP expansion this year while inflationary pressures could be slowing. Meanwhile, dip buyers returned to the market as investors turn their focus to corporate results and FOMC minutes released early in the week pointed out that the Fed would not embark on more aggressive interest rate hikes. On the corporate front, Ulta Beauty reported better-than-expected quarterly results, while Gap cut its profit guidance. On the week, the three main averages are on track to gain nearly 4%.2022-05-27T12:48:00"
US PCE Inflation Slows in April,PCE Price Index Monthly Change,"US PCE Inflation Slows in AprilUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States increased 0.2% month-over-month in April of 2022, much less than a 0.9% rise in March. The annual rate also slowed to 6.3% from a record high of 6.6%. Energy prices increased 30.4%, less than 33.9% in March but food inflation quickened to 10%. Meantime, excluding food and energy, the PCE price index rose 0.3% month-over-month, the same as in the previous month and in line with market expectations. Also, the annual core rate, Fed’s preferred gauge of inflation, eased to a 4-month low of 4.9% from 5.2% in the prior month, in line with expectations, in a sign that price increases could be slowing.2022-05-27T12:44:00"
US Goods Trade Deficit Narrows from Record High,Goods Trade Balance,"US Goods Trade Deficit Narrows from Record HighUnited States Goods Trade BalanceThe goods trade deficit in the US narrowed to $105.9 billion in April of 2022 from an upwardly revised record high of $125.9 billion in March, as exports increased while imports fell. Exports were up 3.1 percent to a new all-time high of $173.9 billion with the biggest increases reported for foods, feeds & beverages (13.3 percent), industrial supplies (2.7 percent), and capital goods (2.6 percent). In contrast, imports fell by 5.0 percent to $279.9 billion, on lower purchases of industrial supplies (-8.2 percent), consumer goods including motor vehicles (-7.9 percent), and capital goods (-3.9 percent). Such data reflects the overall outperformance of the US economy relative to the rest of the world, with demand outpacing economic activity in many other countries.
2022-05-27T12:37:00"
US Wholesale Inventories Rise for 21st Month,Wholesale Inventories,"US Wholesale Inventories Rise for 21st MonthUnited States Wholesale InventoriesWholesale inventories in the US advanced by 2.1 percent month-over-month to $860.8 billion in April of 2022, after an upwardly revised 2.7 percent increase in March and above market forecasts of a 2 percent gain, a preliminary estimate showed. It was the 21st straight month of gains, as both durable goods (1.9 percent vs 2.4 percent in March) and nondurable (2.3 percent vs 3.3 percent) stocks increased. On an annual basis, wholesale inventories jumped 23.8 percent in April.2022-05-27T12:37:00"
US Personal Income Rises Less than Expected,Personal Income,"US Personal Income Rises Less than ExpectedUnited States Personal IncomePersonal income in the United States went up 0.4 percent from a month earlier in April of 2022, after a 0.5 percent increase in March and below market expectations of a 0.5 percent gain as an increase in compensation and personal income receipts on assets were partly offset by a decrease in proprietors' income. Within compensation, the increase reflected increases in both private and government wages and salaries. The increase in personal income receipts on assets was led by personal dividend income. The decrease in proprietors' income was led by nonfarm income.2022-05-27T12:34:00"
Pinduoduo Inc earnings below expectations at 0.47 USD,Earnings,"Pinduoduo Inc earnings below expectations at 0.47 USDUnited States EarningsPinduoduo Inc (PDD) released earnings per share at 0.47 USD, compared to market expectations of 1.71 USD.2022-05-27T11:48:43.197"
US Futures Extend Gains,Stock Market,"US Futures Extend GainsUnited States Stock MarketUS futures were slightly higher on Friday, following a rally in the previous session, as dip buyers returned and investors turn their focus to corporate results while FOMC minutes released early in the week offered some momentarily relief on the need of more aggressive interest rate hikes. On the corporate front, Ulta Beauty reported better-than-expected quarterly results, while Gap cut its profit guidance. Traders also await PCE data which will provide an update on consumer spending and inflationary pressures in April. On the week, the three main averages are on track to gain nearly 4%.2022-05-27T10:26:00"
Ulta Salon Cosmetics Fragrance earnings above expectations at 6.28 USD,Earnings,"Ulta Salon Cosmetics Fragrance earnings above expectations at 6.28 USDUnited States EarningsUlta Salon Cosmetics Fragrance (ULTA) released earnings per share at 6.28 USD, compared to market expectations of 4.44 USD.2022-05-26T20:37:06.047"
Dell Technologies Inc earnings above expectations at 1.84 USD,Earnings,"Dell Technologies Inc earnings above expectations at 1.84 USDUnited States EarningsDell Technologies Inc (DELL) released earnings per share at 1.84 USD, compared to market expectations of 1.40 USD.2022-05-26T20:36:56.953"
Autodesk earnings above expectations at 1.43 USD,Earnings,"Autodesk earnings above expectations at 1.43 USDUnited States EarningsAutodesk (ADSK) released earnings per share at 1.43 USD, compared to market expectations of 1.35 USD.2022-05-26T20:36:46.44"
Workday earnings below expectations at 0.83 USD,Earnings,"Workday earnings below expectations at 0.83 USDUnited States EarningsWorkday (WDAY) released earnings per share at 0.83 USD, compared to market expectations of 0.85 USD.2022-05-26T20:36:38.247"
Costco Wholesale earnings above expectations at 3.00 USD,Earnings,"Costco Wholesale earnings above expectations at 3.00 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 3.00 USD, compared to market expectations of 2.97 USD.2022-05-26T20:36:25.343"
Wall Street Extends Rebound,Stock Market,"Wall Street Extends ReboundUnited States Stock MarketUS equities closed higher on Thursday, extending last session’s rebound with support from strong earnings results in the retail sector, while minutes from the Federal Reserve’s latest meeting reduced investors’ concerns of aggressive tightening measures to fight inflation. The Dow Jones added over 500 points while the S&P 500 and the Nasdaq advanced 2% and 2.8%, respectively. Macy’s surged over 19% after beating profits and sales forecasts and confirming its 2022 guidance. Adding to the retail rally, the Dollar Tree and Dollar General rose 22% and 14%, respectively, after earnings topped estimates. Also, Nvidia rebounded from early losses and ended 5.2% higher despite its weaker than expected guidance for the second quarter, as investors reassessed projections for the chip-maker’s performance. Meanwhile, fresh economic data showed the American economy contracted more than expected in Q1, and pending home sales continue to decline.2022-05-26T20:08:00"
Broadcom Inc earnings above expectations at 9.07 USD,Earnings,"Broadcom Inc earnings above expectations at 9.07 USDUnited States EarningsBroadcom Inc (AVGO) released earnings per share at 9.07 USD, compared to market expectations of 8.72 USD.2022-05-26T17:20:00.607"
Dollar Index Remains Near 1-Month Low,Currency,"Dollar Index Remains Near 1-Month LowUnited States CurrencyThe dollar remained near 102, its lowest level in a month as investors believe the Fed will remain on the current policy path with minutes from the May meeting showing no surprises. All participants backed a half-percentage-point interest rate hike to tame sky-high inflation while signaling similar-sized hikes at its next two policy meetings in June and July. The dollar index hit a 20-year peak above 105 mid-month, but started losing ground in the last few days as signs are emerging that aggressive Fed action may already be slowing economic growth and as other major central banks also started tightening cycle. 2022-05-26T15:30:43.987"
Tenth District Manufacturing Activity Growth Eases,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Growth EasesUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed’s Manufacturing Production Index fell to 19 in May of 2022 from 28 in the prior month. Despite the slowdown, regional factory activity remained strong, driven mainly by transportation equipment, electrical equipment, and furniture related product manufacturing. Indexes for supplier delivery time and volume of shipments were slightly lower, while figures for volumes of new orders, employment, and order backlogs accelerated. “Firms continued to report negative impacts from higher inflation and supply shortages. Nearly 70% of all firms reported worse supply disruptions and shortages compared with 2021, with most expecting conditions to last another six months or longer.”, said Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City.2022-05-26T15:22:24.033"
US Stocks Rally,Stock Market,"US Stocks Rally United States Stock MarketUS equities rose on Thursday for the 2nd session on strong earnings results from the retail sector and as minutes from the Federal Reserve's latest meeting reduced investors’ concerns about aggressive tightening measures to fight inflation. The Dow Jones jumped more than 400 points, while S&P 500 and Nasdaq rose 1.9% and 2.4% respectively. Macy’s surged more than 15% after profits and sales beat forecasts and the company reaffirmed its 2022 sales outlook and raised its profit guidance. Also, Dollar Tree and Dollar General jumped 17% and 12% respectively after earnings topped estimates. Meanwhile, fresh economic data showed the American economy contracted more than expected in Q1, and pending home sales continue to decline. 2022-05-26T14:51:00"
US Stocks Rise for 2nd Day,Stock Market,"US Stocks Rise for 2nd DayUnited States Stock MarketThe Dow Jones opened more than 250 points higher on Thursday, boosted by strong results from the retail sector. Macy's profits and sales beat forecasts and the company reaffirmed its 2022 sales outlook and raised its profit guidance. Also, Dollar Tree and Dollar General topped earnings estimates. Meanwhile, the S&P 500 gained more than 0.5% and the Nasdaq was also in the green as traders continue to digest the last FOMC minutes which confirmed the Fed is set to deliver a 50bps hike in the fed funds rate in both June and July. Still, worries over slower growth and inflationary pressures linger, with Nvidia delivering weaker-than-expected guidance for the second quarter and saying it would slow hiring.2022-05-26T13:37:00"
US Corporate Profits Fall from Record High,Corporate Profits,"US Corporate Profits Fall from Record HighUnited States Corporate ProfitsCorporate profits in the United States fell 4.3 percent to USD 2.42 trillion in the first quarter of 2022, from a record USD 2.53 trillion reached in the previous period. Net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, fell 1.6 percent to $3.18 trillion, while net dividends rose 0.5 percent to $1.47 trillion. Meanwhile, undistributed profits slumped 11.0 percent to $0.95 trillion. 
2022-05-26T12:38:29.103"
US Weekly Jobless Claims Fall More than Expected,Initial Jobless Claims,"US Weekly Jobless Claims Fall More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 8 thousand to 210 thousand in the week ended May 21st, from the previous week's unrevised level of 218 thousand and above the market estimate of 215 thousand. On a non-seasonally adjusted basis, initial claims fell by 14,534 from the previous week to 183,927, with notable declines in California (-5,316), Illinois (-4,059), Kentucky (-3,564) and New York (-1,409). The 4-week moving average, which removes week-to-week volatility, was 206,750, an increase of 7,250 from the previous week's unrevised average of 199,500.2022-05-26T12:34:00"
VMware earnings below expectations at 1.28 USD,Earnings,"VMware earnings below expectations at 1.28 USDUnited States EarningsVMware (VMW) released earnings per share at 1.28 USD, compared to market expectations of 1.56 USD.2022-05-26T12:25:41.15"
Dollar Tree earnings above expectations at 2.37 USD,Earnings,"Dollar Tree earnings above expectations at 2.37 USDUnited States EarningsDollar Tree (DLTR) released earnings per share at 2.37 USD, compared to market expectations of 2.01 USD.2022-05-26T11:48:27.58"
US Stocks Set to Open Higher,Stock Market,"US Stocks Set to Open HigherUnited States Stock MarketUS futures pointed to gains at the open on Thursday, with contracts on the Dow Jones rising more than 150 points and both the S&P 500 and the Nasdaq gaining nearly 0.5% each. Traders continue to digest the last FOMC minutes which confirmed the Fed is set to deliver a 50bps hike in the fed funds rate in both June and July. Meanwhile, worries over slower growth and inflationary pressures linger, with fresh corporate results and guidance providing a mixed picture for the year: Macy's profits and sales topped forecasts and the company reaffirmed its 2022 sales outlook and raised its profit guidance. In contrast, Nvidia delivered weaker-than-expected guidance for the second quarter and said it would slow hiring. 2022-05-26T11:25:00"
Burlington Stores earnings below expectations at 0.54 USD,Earnings,"Burlington Stores earnings below expectations at 0.54 USDUnited States EarningsBurlington Stores (BURL) released earnings per share at 0.54 USD, compared to market expectations of 0.63 USD.2022-05-26T11:17:19"
Dollar General earnings above expectations at 2.41 USD,Earnings,"Dollar General earnings above expectations at 2.41 USDUnited States EarningsDollar General (DG) released earnings per share at 2.41 USD, compared to market expectations of 2.33 USD.2022-05-26T11:17:12.17"
Nvidia earnings above expectations at 1.36 USD,Earnings,"Nvidia earnings above expectations at 1.36 USDUnited States EarningsNvidia (NVDA) released earnings per share at 1.36 USD, compared to market expectations of 1.30 USD.2022-05-25T20:37:34.537"
Splunk earnings above expectations at -0.32 USD,Earnings,"Splunk earnings above expectations at -0.32 USDUnited States EarningsSplunk (SPLK) released earnings per share at -0.32 USD, compared to market expectations of -0.74 USD.2022-05-25T20:07:23.75"
Dollar Bounces Off One-Month Low,Currency,"Dollar Bounces Off One-Month LowUnited States CurrencyThe dollar recovered from its lowest level in a month to consolidate around the 102 mark as investors reassessed the outlook of tightening monetary policy from the Federal Reserve. Minutes from the May meeting showed all participants backed a half-percentage-point interest rate increase to tame sky-high inflation while signaling similar-sized hikes are likely at its next two policy meetings in June and July. However, policymakers failed to provide a clear picture of the Fed's aggressive tightening path this year. Some backed an outright pause in rate increases this fall, while others advocated for a string of half-percentage-point hikes at the September, November, and December meetings. The most pronounced buying activity was against the euro, as investors took a breather after a recent rally that sent the single currency to levels not seen in a month.
2022-05-25T18:43:00"
US 10-Year Treasury Yield Steady Following FOMC Minutes,Government Bond 10Y,"US 10-Year Treasury Yield Steady Following FOMC MinutesUnited States Government Bond 10YThe 10-year US Treasury note yield, which sets the tone for corporate and household borrowing costs worldwide, was relatively unchanged at the 2.75% level as investors digested the minutes of the May FOMC meeting. Policymakers showed strong consensus in backing a 50bps rate hike in the last meeting, while most participants agreed 50bps in the coming meetings would be appropriate as inflation risks are skewed to the upside, while the economy is robust and the labor market is tight. Still, the magnitude of tighter monetary policy for the rest of the year remains unclear, owing to high uncertainty due to the war in Ukraine.2022-05-25T18:29:00"
US Crude Inventories Fall More than Expected: EIA,Crude Oil Stocks Change,"US Crude Inventories Fall More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 1.019 million barrels in the week ended May 20th, following a 3.394-million-barrel decline in the previous week and compared to market expectations of a 0.737 million decrease. Also, crude stocks at Cushing, Oklahoma, delivery hub dropped by 1.061 million barrels, after a 2.403-million-barrel fall. Meanwhile, gasoline stocks shrank by 0.482 million barrels, less than forecasts of a 0.634-million-barrel drop; while inventories of distillate fuels, which include diesel and heating oil, went up 1.657 million barrels.2022-05-25T14:56:39.513"
US 10Y Bond Yield Hits 4-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 4-week LowUnited States Government Bond 10YUS 10 Year Government Bond Yield decreased to a 4-week low of 2.7166%2022-05-25T12:31:18.117
Dollar Bounces From 1-Month Low,Currency,"Dollar Bounces From 1-Month LowUnited States CurrencyThe dollar index rose toward 102 on Wednesday after hitting a one-month low in the previous session, taking cues from stabilizing Treasury yields. The dollar faced pressure in the past two weeks and tracked broad declines in Treasury yields amid fears that aggressive Federal Reserve rate hikes could tilt the US economy into recession. Atlanta Fed President Raphael Bostic warned that headlong rate hikes could create “significant economic dislocation,” urging his colleagues to “proceed carefully” in an essay published Tuesday. Investors now await minutes of the latest central bank meeting for fresh clues on the likely path for monetary policy. Analysts also suggested that if inflation reads started showing signs of moderating, that could open up the possibility of a Fed pause.2022-05-25T06:21:12.267"
Agilent earnings above expectations at 1.13 USD,Earnings,"Agilent earnings above expectations at 1.13 USDUnited States EarningsAgilent (A) released earnings per share at 1.13 USD, compared to market expectations of 1.12 USD.2022-05-24T20:36:26.873"
Intuit earnings above expectations at 7.65 USD,Earnings,"Intuit earnings above expectations at 7.65 USDUnited States EarningsIntuit (INTU) released earnings per share at 7.65 USD, compared to market expectations of 7.58 USD.2022-05-24T20:05:43.533"
Tech Drags Wall Street Lower,Stock Market,"Tech Drags Wall Street LowerUnited States Stock MarketThe Nasdaq closed down 2.4% on Tuesday, brought down by sharp losses among social media giants. Snap tanked 43% after the company warned of a hiring slowdown while saying it would not meet its second-quarter financial targets. The worsened outlook spread for shares of other businesses that rely on digital ads, with Meta, Alphabet, Amazon, Netflix, and Pinterest also closing sharply lower. Meanwhile, the Dow reversed its 515 point decline to end 50 points higher, while the S&P 500 cut losses to 0.8% helped by gains in utilities, consumer staples, and defense. On the monetary policy front, remarks from Fed Chair Jerome Powell at the National Center for American Indian Enterprise confirmed a more aggressive policy stance.
2022-05-24T20:05:00"
Wall Street Remains Under Pressure,Stock Market,"Wall Street Remains Under PressureUnited States Stock MarketThe Dow lost over 200 points in afternoon deals on Tuesday, and the S&P 500 and the Nasdaq 100 slid 1.9% and 3.1%, respectively, as investors assessed the impact of inflation and an aggressive tightening on earnings and growth. Snapchat tanked more than 40% after the company warned of a hiring slowdown while saying it would not meet its second-quarter profit and revenue targets. Shares of other companies that rely on the ad business followed Snap lower, with Apple, Amazon, Twitter, Netflix, Meta, and Pinterest down between 3% and 25%. Meanwhile, remarks from Fed Chair Jerome Powell at the National Center for American Indian Enterprise brought no surprises about the outlook of tightening monetary policy. 
2022-05-24T16:41:00"
Government Debt Rallies,Government Bond 10Y,"Government Debt RalliesUnited States Government Bond 10YCore government debt witnessed heavy buying pressure as investors rushed into safe-haven assets amid lingering concerns that soaring inflation and an aggressive tightening from central banks could tip developed economies into a recession. The yield on the 10-year US Treasury note, which sets the tone for corporate and household borrowing costs worldwide, eased to a four-week low of around 2.72%. Meantime, Germany's 10-year Bund yield, the benchmark for Europe, bottomed below 0.95%.	2022-05-24T14:33:00"
US 5th District Service Sector Activity Eases in May,Richmond Fed Services Index,"US 5th District Service Sector Activity Eases in MayUnited States Richmond Fed Services IndexThe Service Sector Activity Index in the US fifth district eased to 8 in May of 2022 from 13 in the previous month. The demand index fell to 10 from 24 in the prior month, and local business conditions swung to -5 from 4. Still, the employment index rose to 17 from 9 in April.2022-05-24T14:11:00"
US 5th District Factory Index at 2-Year Low,Richmond Fed Manufacturing Index,"US 5th District Factory Index at 2-Year LowUnited States Richmond Fed Manufacturing IndexThe Richmond Fed composite manufacturing index was at -9 in May of 2022 from 14 in the previous month. It was the first negative reading since September of 2021, and the lowest since May of 2020. The shipments subindex swung to -14 from 17, while the volume of new orders was at -16 compared to 6 in the prior month. The index for finished goods and raw materials deteriorated to a lesser extent, and firms expect that to persist in the foreseeable future. Manufacturers reported lower number of employees, even though wage levels were steady from the previous month. Also, firms noted a significant increase in prices paid, while prices received rose to a lower extent. Survey participants expect business conditions to deteriorate in the next six month, the fourth time in survey history that the expectations index was negative.2022-05-24T14:05:00"
US Services Sector Slows More than Expected: Markit,Services PMI,"US Services Sector Slows More than Expected: MarkitUnited States Services PMIThe S&P Global US Services PMI fell to 53.5 in May of 2022 from 55.6 in the previous month, the lowest in four months and below market consensus of 55.2, a preliminary estimate showed. Although the rise was supported by increased client demand, the pace of expansion was reportedly weighed down by hikes in selling prices and concerns over higher interest rates. Similarly, new business rose at a solid but softer pace in May. The rate of growth in new sales was the slowest since August 2020 and below the series average. New export business at service providers rose strongly, but at the slowest rate since the start of the year. On the price front, service providers registered the fastest rise in input prices on record in May while the rate of charge inflation eased from April’s record high and was the slowest for three months. Meanwhile, optimism among service sector firms strengthened. 2022-05-24T13:53:09.587"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyDXY decreased to a 4-week low of 101.742022-05-24T13:51:05.783
US Private Sector Growth Eases to 4-Month High,Composite PMI,"US Private Sector Growth Eases to 4-Month HighUnited States Composite PMIThe S&P Global Flash US Composite PMI registered 53.8 in May of 2022, down from 57.7 in March, down from 56.0 in April, to signal the weakest rate of expansion of output across private sector firms for four months, with the index now below the series long-run average of 54.8, preliminary estimates showed. Manufacturers and service providers signaled softer upturns in output amid elevated inflationary pressures, a further deterioration in supplier delivery times and weaker demand growth. Still, business confidence across the private sector remained upbeat, with firms recording a stronger degree of optimism in the outlook for output over the coming year in May.2022-05-24T13:49:00"
Wall Street Fails to Hold Gains,Stock Market,"Wall Street Fails to Hold GainsUnited States Stock MarketThe Dow lost over 500 points in early deals on Tuesday, and the S&P 500 and the Nasdaq 100 slid 2.4% and 3.5%, respectively, as investors assessed the impact of inflation and an aggressive tightening on earnings while refraining from placing big bets ahead of speeches from Fed Chair Jerome Powell and ECB President Christine Lagard. Snapchat tanked more than 40% after the company warned of a hiring slowdown and said it expects to miss earnings and revenue targets in the current quarter. Shares of other companies that rely on the ad business followed Snap lower, with Twitter, Amazon, Apple, Netflix, Meta, and Pinterest down between 3% and 28%. Meantime, the scheduled speeches from the Federal Reserve and ECB are also highly anticipated for clues on the central banks' rate-hike path.2022-05-24T13:33:00"
Best Buy earnings below expectations at 1.57 USD,Earnings,"Best Buy earnings below expectations at 1.57 USDUnited States EarningsBest Buy (BBY) released earnings per share at 1.57 USD, compared to market expectations of 1.60 USD.2022-05-24T11:16:55.273"
AutoZone earnings above expectations at 29.03 USD,Earnings,"AutoZone earnings above expectations at 29.03 USDUnited States EarningsAutoZone (AZO) released earnings per share at 29.03 USD, compared to market expectations of 26.07 USD.2022-05-24T11:16:48.873"
Dollar Extends Losses,Currency,"Dollar Extends LossesUnited States CurrencyThe dollar index weakened to its lowest level in a month below the 102 mark, moving in tandem with Treasury yields amid lingering concerns about slowing economic growth. At the same time, investors scaled back bets on whether US interest rate hikes will drive further greenback gains, with aggressive tightening by the Federal Reserve already priced in. The most pronounced selling activity was against the euro, a move triggered by somewhat hawkish remarks from the ECB. The Central Bank signaled that it would likely lift its deposit rate out of the negative territory by the end of the third quarter. 2022-05-24T08:07:00"
Nordson earnings above expectations at 2.43 USD,Earnings,"Nordson earnings above expectations at 2.43 USDUnited States EarningsNordson (NDSN) released earnings per share at 2.43 USD, compared to market expectations of 2.29 USD.2022-05-24T08:03:14.807"
Dollar Bounces on Risk-Off Market,Currency,"Dollar Bounces on Risk-Off MarketUnited States CurrencyThe dollar index bounced back above 102.2 on Tuesday after sliding to a near one-month low in the previous session, amid a general risk-off mood in the markets, highlighted by a decline in global equities and risk currencies. US stock futures fell early on Tuesday after social media firm Snap warned of a hit to its top and bottom-line figures amid deteriorating macroeconomic trends. Meanwhile, having peaked at a nearly two-decade high above 105 earlier this month, the dollar has been falling broadly alongside a decline in Treasury yields, with aggressive easing by the Federal Reserve already priced in. Recent weakness in US economic data and corporate earnings, coupled with positive signs for the global economy such as Shanghai’s planned reopening and US President Joe Biden’s comments this week towards a possible easing of the trade war with China, also drove investors out of the dollar.2022-05-24T05:48:10.537"
US Futures Drop Amid Snap Warning,Stock Market,"US Futures Drop Amid Snap WarningUnited States Stock MarketUS stock futures dropped on Tuesday after a broad overnight rally, as Snap warned that it is unlikely to meet revenue and profit forecasts for the second quarter amid deteriorating macroeconomic trends. Nasdaq 100 futures fared worst with a 2.1% loss, followed by S&P 500 and Dow futures which fell 1.4% and 1.0%, respectively. The Snapchat owner’s shares plunged 31% in extended trading, dragging other internet giants including Meta Platforms (-7.1%), Twitter (-3.7%), and Alphabet (-3.4%). The moves came as the markets staged a rebound in regular trading on Monday after last week’s selloff, led by the Dow’s 1.98% surge. The S&P 500 also jumped 1.86% and the Nasdaq Composite gained 1.59%. All 11 S&P sectors finished higher, led by energy and financial stocks. Monday’s rebound was helped by Biden’s comments that China tariffs imposed by Trump are being reviewed. Investors now look ahead to a speech from Jerome Powell on Tuesday and the latest Fed minutes on Wednesday.2022-05-24T00:46:00"
Advance Auto Parts earnings below expectations at 3.57 USD,Earnings,"Advance Auto Parts earnings below expectations at 3.57 USDUnited States EarningsAdvance Auto Parts (AAP) released earnings per share at 3.57 USD, compared to market expectations of 3.58 USD.2022-05-23T21:06:05.847"
Zoom Video Communications earnings above expectations at 1.03 USD,Earnings,"Zoom Video Communications earnings above expectations at 1.03 USDUnited States EarningsZoom Video Communications (ZM) released earnings per share at 1.03 USD, compared to market expectations of 0.88 USD.2022-05-23T20:35:08.9"
Wall Street Closes Higher on Monday,Stock Market,"Wall Street Closes Higher on MondayUnited States Stock MarketUS equities closed higher on Monday, with the Dow gaining over 600 points while the S&P 500 and the Nasdaq added 1.8% and 1.6%, respectively, as investors took advantage of lower valuations and welcomed reports that President Biden may reduce tariffs on some goods imported from China. Still, sentiment remained wary as prospects of tighter monetary policy and concerns of slowing global growth sent major US stock indices to over one-year lows last week. Market participants await Fed Chair Jerome Powell's speech scheduled for tomorrow, as well as the FOMC minutes later on Wednesday for clues on the central bank’s rate-hike path. Banks led the gains in the session with JPMorgan rising 6.1% as it expects to reach key return targets before initially planned, while Citi and Bank of America also gained 6%. Meanwhile, VMWare surged 25% following news that US chipmaker Broadcom is in talks to buy the software company.2022-05-23T20:07:00"
US Stock Rally Gains Steam,Stock Market,"US Stock Rally Gains SteamUnited States Stock MarketThe Dow advanced roughly 800 points around midday trading on Monday, while the S&P 500 and Nasdaq added 1.9% and 1.5%, respectively, as investors took advantage of lower valuations following a massive meltdown that sent equities to levels not seen in over a year. Still, any rally should be short-lived, with markets still rattled by lingering worries about tighter monetary policy taming runaway inflation and signs of slowing global growth. Market participants will watch a fresh batch of earnings reports this week, including an array of big retail names. A speech by Fed Chair Jerome Powell scheduled for Tuesday is also highly anticipated, as well as the FOMC minutes later on Wednesday for clues on the central bank’s rate-hike path. In terms of individual share price movement, VMWare surged over 20% following news that US chipmaker Broadcom is in talks to buy the software company.2022-05-23T15:57:00"
Wall Street Attempts Comeback,Stock Market,"Wall Street Attempts ComebackUnited States Stock MarketThe Dow advanced almost 500 points in early deals on Monday, while the S&P 500 and Nasdaq added 1.2% and 0.7%, respectively, as investors were trying to take advantage of lower valuations following a massive meltdown that sent equities to levels not seen in over a year. Still, any rally should be short-lived, with markets rattled by lingering worries about tighter monetary policy taming runaway inflation and signs of slowing global growth. Market participants will now await a fresh batch of earnings reports this week, including an array of big retail names. A speech by Fed Chair Jerome Powell scheduled for Tuesday is also highly anticipated, as well as the FOMC minutes later on Wednesday for clues on the central bank’s rate-hike path. In terms of individual price movement, shares of VMWare surged nearly 20% following news that US chipmaker Broadcom is in talks to buy the software company.
2022-05-23T13:38:00"
Dollar Hits Over One-Month Low,Currency,"Dollar Hits Over One-Month LowUnited States CurrencyThe dollar index weakened to its lowest level in more than a month at 102 as a relief rally across equities and signs of progress in China's effort to bring coronavirus outbreaks under control spooked investors away from the safe-haven currency. The most pronounced selling activity was against commodity-linked currencies such as the Australian and New Zealand dollars. Further downward pressure came from a stronger euro and pound on mounting evidence that other major central banks, particularly the ECB and the Bank of England, would be forced to act more aggressively to tame record inflation.2022-05-23T07:25:00"
Week Ahead,Inflation Rate,"Week AheadUnited States Inflation RateNext week investors will be looking for signs that the stock market is bottoming with earnings results from retailers including Costco, Macy’s, Nordstrom, and Best Buy taking center stage. Meanwhile, key data to watch include flash PMI surveys for major economies and personal spending and income for the US. Also, Federal Reserve will be publishing May meeting minutes and central banks in New Zealand, South Korea, Indonesia, and Turkey will be deciding on the monetary policy.2022-05-22T13:48:00"
NASDAQ 100 Hits 18-month Low,Stock Market,NASDAQ 100 Hits 18-month LowUnited States Stock MarketUSNDX decreased to a 18-month low of 116922022-05-20T16:08:34.613
US Stocks Resume the Sell-off,Stock Market,"US Stocks Resume the Sell-offUnited States Stock MarketWall Street turned a rally into a sell-off on Friday, reversing earlier gains as lingering worries about soaring inflation hitting companies' profit margins, and an aggressive tightening potentially causing a recession, kept investors on edge. Disappointing forecasts from retailers, including Walmart and Target, have dented investors' mood this week. Ross Stores, saw its shares plunge over 20%, after the discount retailer cut its outlook for profit and sales. The Dow was down more than 300 points, the S&P 500 declined more than 1.2%, and the Nasdaq shed 1.7% in the last hour of trading. For the week, the Dow is off by 4% and on track for its first 8-week losing streak since 1923. The S&P 500 is also down 4% and the Nasdaq is off by 5%, both on pace to fall for a seventh-straight week.

2022-05-20T15:04:00"
Wall St Regains Some Traction,Stock Market,"Wall St Regains Some Traction United States Stock MarketThe Dow added roughly 200 points in early deals on Friday, while the S&P 500 and Nasdaq advanced 0.8% and 0.9%, respectively, as investors took advantage of lower valuations at the end of a roller-coaster week dominated by worries about soaring inflation, as well as what monetary-policy tightening means for economic growth. Sentiment got an extra boost from news that China trimmed its mortgage reference rate by a wide margin, the second cut this year, with the world's second-largest economy seeking to revive the housing market to support a slowing economy. However, disappointing forecasts from retailers, including Walmart and Target, have rattled markets this week. Ross Stores, which saw its shares plunge over 20%, was the latest retailer to report how inflation hit profit margins. On the week, the Nasdaq and the S&P 500 were on track to book their seventh straight weekly loss and the Dow its eighth week of losses.2022-05-20T13:35:00"
Booz Allen Hamilton earnings above expectations at 0.86 USD,Earnings,"Booz Allen Hamilton earnings above expectations at 0.86 USDUnited States EarningsBooz Allen Hamilton (BAH) released earnings per share at 0.86 USD, compared to market expectations of 0.85 USD.2022-05-20T11:17:43.217"
Deere & Company earnings above expectations at 6.81 USD,Earnings,"Deere & Company earnings above expectations at 6.81 USDUnited States EarningsDeere & Company (DE) released earnings per share at 6.81 USD, compared to market expectations of 6.69 USD.2022-05-20T11:17:37.13"
Dollar Set to End Six-Week Advance,Currency,"Dollar Set to End Six-Week AdvanceUnited States CurrencyThe dollar index held its recent decline to below 103 on Friday and was set to end a six-week winning streak, tracking a slide in Treasury yields as continued softness in US economic data amid the Federal Reserve’s aggressive monetary tightening fueled growth concerns. The Fed has raised its benchmark policy rate by an aggregate of 75 basis points this year, and is on track to increase it again in 50-basis point increments at each of the next two meetings in June and July. Fed Chair Jerome Powell also stated that the central bank was intent on using its tools to bring down multi-decade high inflation even if it involves moving past broadly understood neutral levels, raising the risk of a recession. This prompted investors to rush for the safety of Treasury bonds, pushing yields and the dollar lower.2022-05-20T06:01:44.097"
US Futures Rise,Stock Market,"US Futures RiseUnited States Stock MarketUS stock futures rose on Friday after another lackluster session on Wall Street as risk sentiment rebounded after China cut the mortgage refinance rate to boost the economy. Dow futures edged up 0.9%, S&P 500 futures gained 1.2% and Nasdaq 100 futures jumped 1.6%. Stocks have come under pressure this week as disappointing quarterly results from major US retailers raised concerns about diminishing margins due to surging inflation and weaker consumer demand. On Thursday, the Dow and Nasdaq Composite fell 0.78% and 0.26%, respectively. The S&P 500 also declined 0.58% and is now more than 19% below an intraday all-time high reached in early January, within a hair’s breadth of entering a bear market. In extended trading, Ross Stores plunged 25% as the latest retailer to fall after reporting earnings. 2022-05-20T01:01:00"
VF earnings below expectations at 0.45 USD,Earnings,"VF earnings below expectations at 0.45 USDUnited States EarningsVF (VFC) released earnings per share at 0.45 USD, compared to market expectations of 0.46 USD.2022-05-19T20:36:21.103"
Palo Alto Networks earnings above expectations at 1.79 USD,Earnings,"Palo Alto Networks earnings above expectations at 1.79 USDUnited States EarningsPalo Alto Networks (PANW) released earnings per share at 1.79 USD, compared to market expectations of 1.68 USD.2022-05-19T20:36:14.493"
Ross Stores earnings below expectations at 0.97 USD,Earnings,"Ross Stores earnings below expectations at 0.97 USDUnited States EarningsRoss Stores (ROST) released earnings per share at 0.97 USD, compared to market expectations of 1.02 USD.2022-05-19T20:08:37.557"
Applied Materials earnings below expectations at 1.85 USD,Earnings,"Applied Materials earnings below expectations at 1.85 USDUnited States EarningsApplied Materials (AMAT) released earnings per share at 1.85 USD, compared to market expectations of 1.90 USD.2022-05-19T20:08:28.797"
US Equities Fall for 2nd Session,Stock Market,"US Equities Fall for 2nd SessionUnited States Stock MarketUS stocks ended Thursday's volatile session lower as worries about an aggressive tightening to rein on decades-high inflation and the economic slowdown continued to grip investors. The S&P 500 dropped 0.6%, inching closer to bear market territory, the Nasdaq was down 0.2% and the Dow shed 237 points. On the corporate front, Synopsys added over 10% after the software company posted an earnings beat while Cisco Systems Inc. sunk more than 14% after warning that Chinese lockdowns and supply disruptions would weigh on growth. The lackluster quarterly reports from big-box retailers, mainly Target and Walmark, led to a sharp sell-off yesterday, highlighting how painful inflation and supply chain bottlenecks could be on corporate earnings while sparking concerns about a slowdown in the US consumer-led economic growth.2022-05-19T20:07:00"
US Stocks Wobble,Stock Market,"US Stocks WobbleUnited States Stock MarketBoth the Dow Jones and the S&P 500 remained in the negative territory on Thursday afternoon as worries about an aggressive tightening to rein on decades-high inflation and the economic slowdown continued to grip Wall Street. Meanwhile, Nasdaq swung back and forth between gains and losses as investors were trying to take advantage of lower valuations for tech stocks. Synopsys added over 12% after the software company posted an earnings beat while Cisco Systems Inc. sunk more than 10% after warning that Chinese lockdowns and supply disruptions would weigh on growth. The lackluster quarterly reports from big-box retailers, mainly Target and Walmark, led to a sharp sell-off yesterday, highlighting how painful inflation and supply chain bottlenecks could be on corporate earnings while sparking concerns about a slowdown in the US consumer-led economic growth.2022-05-19T16:23:00"
Dollar Hits Two-Week Low,Currency,"Dollar Hits Two-Week LowUnited States CurrencyThe dollar index lost significant ground on Thursday afternoon, testing the 102.7 mark for the first time in two weeks as continued weakness in US economic data sparked growth concerns amid a backdrop of high inflation, coupled with an aggressive tightening monetary policy. Fed Chair Powell said the central bank would not hesitate to keep raising interest rates until inflation returns to the 2% target, even if it involves moving past broadly understood neutral levels. On top of that, evidence grows that other major central banks, particularly the ECB and the Bank of England, would be forced to act more aggressively to tame record inflation.2022-05-19T15:55:14.61"
US Existing Home Sales Fall for 3rd Month,Existing Home Sales,"US Existing Home Sales Fall for 3rd MonthUnited States Existing Home SalesExisting home sales in the US declined by 2.4% to a seasonally adjusted annual rate of 5.61 million in April of 2022, the lowest since June of 2020 and slightly below forecasts of 5.65 million. Sales went down for a third consecutive month, in another sign the housing market is cooling, as higher home prices and mortgage rates have reduced buyer activity. Total housing inventory amounted to 1,030,000 units, up 10.8% from March and the median existing-home price for all housing types was $391,200, up 14.8% from April 2021. ""It looks like more declines are imminent in the upcoming months, and we'll likely return to the pre-pandemic home sales activity after the remarkable surge over the past two years"", said Lawrence Yun, NAR's chief economist.2022-05-19T14:07:00"
US Stocks Meltdown Continues,Stock Market,"US Stocks Meltdown ContinuesUnited States Stock MarketThe Dow sank over 400 points after the opening bell on Thursday, while the S&P 500 and Nasdaq fell roughly 1% each, respectively, as investors fretted over the implications of soaring inflation and tighter monetary policy on the growth momentum. The lackluster quarterly reports from big-box retailers, mainly Target and Walmark, highlighted how painful inflation and supply chain bottlenecks could be on corporate earnings while sparking concerns about a slowdown in the US consumer-led economic growth. At the same time, Kohl plunged more than 5% after the retailer missed Wall Street expectations and slashed its profit and sales outlook. Meanwhile, the US labor department said that Americans filing new claims for unemployment benefits increased by a larger-than-expected 21 thousand to 218 thousand last week. 2022-05-19T13:31:00"
US Jobless Claims Hit 16-Week High,Initial Jobless Claims,"US Jobless Claims Hit 16-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 21 thousand to 218 thousand in the week ended May 14th, from a revised 197 thousand in the previous period and above the market estimate of 200 thousand. It is the highest reading since the week ended January 22nd. On a non-seasonally adjusted basis, initial claims rose by 12,811 from the previous week to 198,711, with notable increases in Kentucky (+6,728), California (+3,315), Pennsylvania (+2,102) and Illinois (+1,827). The 4-week moving average, which removes week-to-week volatility, was 199,500, an increase of 8,250 from the previous week's revised average.2022-05-19T12:37:00"
Copart earnings above expectations at 1.17 USD,Earnings,"Copart earnings above expectations at 1.17 USDUnited States EarningsCopart (CPRT) released earnings per share at 1.17 USD, compared to market expectations of 1.15 USD.2022-05-19T08:08:57.6"
Lowe's Companies earnings above expectations at 3.51 USD,Earnings,"Lowe's Companies earnings above expectations at 3.51 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 3.51 USD, compared to market expectations of 3.22 USD.2022-05-19T08:06:57.72"
Dollar Ebbs on Mixed Global Cues,Currency,"Dollar Ebbs on Mixed Global CuesUnited States CurrencyThe dollar index eased to around 103.7 on Thursday but still remained near a 20-year high, as investors weighed receding safe-haven demand against expectations of aggressive Federal Reserve rate hikes. Safe-haven currencies retreated Thursday after a deputy mayor said Shanghai will start to allow more businesses in zero-Covid areas to resume normal operations from the beginning of June, as the city looks forward to the end of lockdown. Meanwhile, Fed Chair Jerome Powell recently affirmed that the central bank was intent on using its tools to bring down multi-decade high inflation, even if it involves moving past broadly understood neutral levels.2022-05-19T06:29:00"
US Futures Steady After Biggest Rout Since 2020,Stock Market,"US Futures Steady After Biggest Rout Since 2020United States Stock MarketUS stock futures steadied on Thursday after the Dow and S&P 500 posted their biggest declines in two years, as disappointing quarterly results from major retailers weighed on the markets. Futures contracts tied to the three major indexes held near breakeven. In regular trading on Wednesday, the Dow fell 3.57% and the S&P 500 tumbled 4.04% for their biggest one-day drop since June 2020, while the Nasdaq Composite plunged 4.73%. The sharp selloff came as big-box retail earnings indicated that inflation squeezed corporate profits. Target shares tumbled 25% in its worst rout since 1987 after the company missed Wall Street expectations amid higher prices and supply bottlenecks while cutting its profit forecast due to a surge in costs. Walmart stocks fell 6.8% after issuing a similar statement on Tuesday. Analysts expect further downside for stocks this year due to economic and policy uncertainties before the market can find a bottom.2022-05-19T01:07:00"
Synopsys earnings above expectations at 2.50 USD,Earnings,"Synopsys earnings above expectations at 2.50 USDUnited States EarningsSynopsys (SNPS) released earnings per share at 2.50 USD, compared to market expectations of 2.37 USD.2022-05-18T20:32:42.817"
Cisco Systems earnings above expectations at 0.87 USD,Earnings,"Cisco Systems earnings above expectations at 0.87 USDUnited States EarningsCisco Systems (CSCO) released earnings per share at 0.87 USD, compared to market expectations of 0.86 USD.2022-05-18T20:32:36.32"
US Treasury Yields Fall as Stocks Sink,Government Bond 10Y,"US Treasury Yields Fall as Stocks SinkUnited States Government Bond 10YThe yield on the US 10-year government bond fell below 2.9% after US stocks sold-off on Wednesday amid concerns over rising inflation and interest rates on growth and earnings. Early in the week, the benchmark yield topped 3% after Fed Chair Powell said the central bank will not hesitate to keep raising interest rates until inflation falls in a clear and convincing way, even if that involves moving past broadly understood levels of neutral. The Fed raised interest rates by a half point early this month and Chair Powell said two similar moves were on the table in June and July.2022-05-18T20:17:00"
Dow and S&P Book Biggest Loss in 2 Years,Stock Market,"Dow and S&P Book Biggest Loss in 2 YearsUnited States Stock MarketThe Dow Jones ended 1165 points lower at 31490 on Wednesday, its biggest fall since June of 2020, led by a plunge in consumer shares after another retailer warned on rising cost pressures. Target shares tumbled 25% in its worst rout since 1987 after the company missed Wall Street expectations amid higher prices and supply bottlenecks while cutting its profit forecast due to a surge in costs. Walmart stocks fell 6.8% after issuing a similar statement on Tuesday. Meanwhile, the S&P 500 declined 4% to 3924, the biggest drop since June 2020 while the Nasdaq lost 4.7% to 11418, the worst performance since May 5th. Investors worry that high inflation coupled with rising borrowing costs will severely weigh down on the growth. Yesterday, Fed Chair Powell said the central bank would not hesitate to keep raising interest rates until inflation returns to the 2% target.2022-05-18T20:10:00"
US Stocks Sink on Inflation Worries,Stock Market,"US Stocks Sink on Inflation WorriesUnited States Stock MarketThe Dow Jones lost over 1200 points heading into the closing bell on Wednesday, its biggest fall since 2020, and led by a plunge in consumer shares after another retailer warned on rising cost pressures. Target shares tumbled more than 25% in its worst rout since 1987 after the company missed Wall Street expectations amid higher prices and supply bottlenecks while cutting its profit forecast due to a surge in costs. Walmart stocks fell more than 7% after issuing a similar statement on Tuesday. Meanwhile, the S&P 500 fell over 4%, the biggest drop since June 2020 while the Nasdaq lost almost 5%, the worst performance since May 5th. Investors worry that high inflation coupled with rising borrowing costs will severely weigh down on the growth. Yesterday, Fed Chair Powell said the central bank would not hesitate to keep raising interest rates until inflation returns to the 2% target.2022-05-18T19:42:00"
Wall Street Selloff Intensifies,Stock Market,"Wall Street Selloff Intensifies United States Stock MarketThe Dow lost over 1000 points on Wednesday afternoon, while the S&P 500 and Nasdaq dropped 4% and 4.9%, respectively, as investors fret over the impact of soaring inflation on growth and the prospect of an even more hawkish Federal Reserve. Fed Chair Powell said the central bank would not hesitate to keep raising interest rates until inflation returns to the 2% target, even if it involves moving past broadly understood neutral levels. Technology and growth companies were under heavy pressure, with Microsoft, Apple, Nvidia, Tesla, and Amazon down between 3.5% and 5.8%. Meanwhile, Target plunged over 25% after the retail giant missed Wall Street expectations amid higher prices and supply bottlenecks. After issuing a similar statement on Tuesday, Walmart went down almost 15%, confirming the fears over runaway inflation. 2022-05-18T16:17:00"
US Crude Stocks Unexpectedly Fall: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Fall: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories unexpectedly fell by 3.394 million barrels in the week ended May 13th, after an 8.487-million-barrel addition in the previous week and compared to market expectations of a 1.383 million rise. Also, crude stocks at Cushing, Oklahoma, delivery hub fell by 2.403 million barrels, after a 1.379-million-barrel increase. Meanwhile, gasoline stocks shrank by 4.779 million barrels, the most since mid-October 2021 and much more than forecasts of a 1.333 million barrel drop; and inventories of distillate fuels, which include diesel and heating oil, went up 1.235 million barrels.2022-05-18T14:35:00"
US Building Permits Fall to 5-Month Low in April,Building Permits,"US Building Permits Fall to 5-Month Low in AprilUnited States Building PermitsBuilding permits in the United States dropped 3.2 percent from a month earlier to a seasonally adjusted annual rate of 1.819 million in April of 2022, the lowest in five months but above market expectations of 1.812million. Authorizations for buildings with five units or more went down 0.6 percent to 656 thousand and those for single-family declined 4.6 percent to a rate of 1,110 thousand. Permits fell in the Northeast (-11.9 percent to 163 thousand), the Midwest (-3.5 percent to 251 thousand) and in the West (-8.4 percent to 423 thousand) but increased in the South (1 percent to 982 thousand). 2022-05-18T12:35:00"
TJX Companies earnings above expectations at 0.68 USD,Earnings,"TJX Companies earnings above expectations at 0.68 USDUnited States EarningsTJX Companies (TJX) released earnings per share at 0.68 USD, compared to market expectations of 0.61 USD.2022-05-18T11:47:14.547"
Analog Devices earnings above expectations at 2.40 USD,Earnings,"Analog Devices earnings above expectations at 2.40 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 2.40 USD, compared to market expectations of 2.11 USD.2022-05-18T11:16:24.74"
US Mortgage Applications Fall the Most in 3 Months: MBA,Mortgage Applications,"US Mortgage Applications Fall the Most in 3 Months: MBAUnited States Mortgage ApplicationsMortgage applications in the US sank 11% in the week ended May 13th, the biggest decline in three months, as both the purchase (-11.9%) and the refinancing index (-9.5%) plunged. ""General uncertainty about the near-term economic outlook, as well as recent stock market volatility, may be causing some households to delay their home search"", said Joel Kan, an MBA economist.  Meanwhile, the average contract rate on a 30-year fixed-rate mortgage edged down by 4bps to 5.49% but remained at 2009 high levels.2022-05-18T11:11:00"
Target earnings below expectations at 2.16 USD,Earnings,"Target earnings below expectations at 2.16 USDUnited States EarningsTarget (TGT) released earnings per share at 2.16 USD, compared to market expectations of 3.06 USD.2022-05-18T10:45:37.907"
Dollar Regains Some Momentum,Currency,"Dollar Regains Some Momentum United States CurrencyThe dollar index rebounded from its lowest level in over a week to around 103.60, with the market pricing in the chances of an increasingly hawkish Federal Reserve stance to keep a lid on the highest inflation in decades. Fed Chair Powell said the central bank would not hesitate to keep raising interest rates until inflation returns to the 2% target, even if it involves moving past broadly understood neutral levels. The greenback saw some downward pressure recently as the recent relief rally across equities and signs of progress in China's effort to bring coronavirus outbreaks under control dented investors' appetite for the safe-haven currency. On top of that, evidence grows that other major central banks, particularly the ECB and the Bank of England, would be forced to act more aggressively to tame record inflation. 2022-05-18T08:01:00"
Keysight Technologies earnings above expectations at 1.83 USD,Earnings,"Keysight Technologies earnings above expectations at 1.83 USDUnited States EarningsKeysight Technologies (KEYS) released earnings per share at 1.83 USD, compared to market expectations of 1.68 USD.2022-05-17T20:33:03.8"
US 10-Year Treasury Yield Approaches 3%,Government Bond 10Y,"US 10-Year Treasury Yield Approaches 3%United States Government Bond 10YThe yield on the US 10-year government bond approached 3% in mid-May, as investors reassessed the outlook of tightening monetary policy and strong retail sales and industrial production data for April. Fed Chair Powell said the central bank will not hesitate to keep raising interest rates until inflation falls in a clear and convincing way, even if that involves moving past broadly understood levels of neutral. The Fed raised interest rates by a half point early this month and Chair Powell said two similar moves were on the table in June and July. 2022-05-17T19:15:00"
US Business Inventories Rise More than Expected,Business Inventories,"US Business Inventories Rise More than ExpectedUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 2 percent from a month earlier in March of 2022, quickening from an upwardly revised 1.8 percent increase in the prior month and beating market expectations of a 1.9 percent advance. Stocks rose the most among merchant wholesalers (2.3 percent vs 2.8 percent in February), followed by retailers (2.3 percent vs 1.6 percent) and manufacturers (1.3 percent vs 0.9 percent). Year-on-year, business inventories surged by 14.7 percent in March.
2022-05-17T14:04:00"
US Manufacturing Output Growth Beats Expectations,Manufacturing Production MoM,"US Manufacturing Output Growth Beats ExpectationsUnited States Manufacturing Production MoMProduction in US factories rose 0.8% from a month earlier in April of 2022, the same as in the prior month and above market expectations of a 0.4% gain. The indexes for durable and nondurable manufacturing increased 1.1% and 0.3%, respectively, while the output of other manufacturing (publishing and logging) moved up 0.9%. Most durable goods industries posted gains, with only nonmetallic mineral products; electrical equipment, appliances, and components; and furniture and related products recording losses. Within nondurables, only food, beverage, and tobacco products posted a notable increase (0.9%), and only plastics and rubber products posted a notable decrease (0.8%); the indexes for most other industries were little changed. Meanwhile, capacity utilization at factories increased 0.6 pp to 79.2%, the highest level since April 2007, and was above its long-run average by 1.1 pp. 2022-05-17T13:26:59.197"
US Industrial Output Rises More than Expected,Industrial Production Mom,"US Industrial Output Rises More than ExpectedUnited States Industrial Production MomIndustrial production in the United States rose 1.1 percent from a month earlier in April of 2022, marking the fourth consecutive month of gains of 0.8 percent or greater.  It follows a 0.9 percent increase in March and compared with market expectations of a 0.5 percent rise. Manufacturing output advanced 0.8 percent, the same as in the prior month and above market expectations of 0.4 percent. The indexes for durable and nondurable manufacturing increased 1.1 percent and 0.3 percent, respectively, while the output of other manufacturing (publishing and logging) moved up 0.9 percent. Meanwhile, the index for utilities moved up 2.4 percent, and the index for mining advanced 1.6 percent. Year-on-year, industrial activity rose 6.4 percent. 2022-05-17T13:22:00"
Dollar Index Hits One-Week Low,Currency,"Dollar Index Hits One-Week LowUnited States CurrencyThe dollar index touched its lowest level in over a week at 103.2 as the recent relief rally across equities and signs of progress in China's effort to bring coronavirus outbreaks under control dented investors' appetite for the safe-haven currency. The most pronounced selling activity was against the Euro and the Pound. Traders are boosting bets for quicker ECB rate hikes after Dutch central bank governor Knot said the 50bps rate hike in July should not be ruled out and the ECB Villeroy de Galhau warned a lower euro could threaten the ECB's efforts to steer inflation towards its target. Meanwhile, the pound strengthened more than 1%  after data showed the UK jobless rate fell unexpectedly to its lowest since 1974 in Q1.2022-05-17T12:08:00"
Walmart earnings below expectations at 1.30 USD,Earnings,"Walmart earnings below expectations at 1.30 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.30 USD, compared to market expectations of 1.47 USD.2022-05-17T11:16:52.307"
Home Depot earnings above expectations at 4.09 USD,Earnings,"Home Depot earnings above expectations at 4.09 USDUnited States EarningsHome Depot (HD) released earnings per share at 4.09 USD, compared to market expectations of 3.68 USD.2022-05-17T10:45:43.973"
Dollar Eases from 20-Year High,Currency,"Dollar Eases from 20-Year HighUnited States CurrencyThe dollar index fell back toward the 104 level on Tuesday, retreating further from a 20-year high reached last week, as investors took profits and scaled back bets on whether US interest rate hikes will drive further greenback gains. The dollar also tracked a recent decline in US Treasury yields as investors sought the safety of bonds amid concerns that aggressive near-term hikes meant to curb surging inflation may tilt the economy towards a recession. Latest data showed that the headline CPI in the US held close to a 40-year high at 8.3% in April, while the core CPI also came in above expectations at 6.2%, stoking worries that elevated prices may persist and fueling concerns about faster interest rate hikes. The data suggested inflation may have peaked, but was unlikely to ease rapidly and impede the Fed’s current tightening plans. Markets are priced for at least a half percentage point rate increase at each of the next two Fed meetings in June and July.2022-05-17T06:20:21.19"
Take Two Interactive Software earnings below expectations at 0.95 USD,Earnings,"Take Two Interactive Software earnings below expectations at 0.95 USDUnited States EarningsTake Two Interactive Software (TTWO) released earnings per share at 0.95 USD, compared to market expectations of 1.01 USD.2022-05-16T20:34:09.217"
Wall Street Fails to Recover,Stock Market,"Wall Street Fails to RecoverUnited States Stock MarketUS equities failed to recover from last week's losses on Monday as prospects of aggressive Fed tightening, the war in Ukraine, and Covid-19 lockdowns in China weighted on investors' mood. The Dow closed marginally higher, the S&P 500 fell 0.4% and the Nasdaq Composite dropped 1.2%. Tech shares led the sell-off with cloud companies, Tesla and Zoom falling the most. The S&P 500 is now on the edge of a bear market, while the Nasdaq Composite is almost 30% off its record peak.2022-05-16T20:17:00"
US March Capital Inflows at 3-Month Low,Capital Flows,"US March Capital Inflows at 3-Month LowUnited States Capital FlowsThe United States recorded a capital and financial account superavit of USD 149.2 billion in March of 2022, following USD 160.3 billion in the previous month. It was the smallest capital inflow since December last year. Foreign investors bought USD 48.8 billion in Treasuries, less than USD 75.3 billion inflow in February, still marking the fifth month in a row of net purchases. Meanwhile, foreign investors acquired USD 1.8 billion worth of long-term US securities, a sharp decrease compared with an inflow of USD 185.7 billion in the previous month. 
2022-05-16T20:08:13.473"
Wall Street Attempts to Rebound,Stock Market,"Wall Street Attempts to ReboundUnited States Stock MarketUS equities attempted to rebound in the afternoon trading on Monday with the Dow gaining as much as 300 points, the S&P 500 up 0.3%, and the Nasdaq down just 0.2% as investors took advantage of lower valuations in a wake of an aggressive Fed tightening, the war in Ukraine, and Covid-19 lockdowns in China. Energy shares led the gains as crude oil prices continued to rise. Also, Spirit Airlines jumped more than 12% after JetBlue announced a hostile takeover bid for the airline. Meanwhile, market participants will watch another batch of quarterly corporate results with Walmart, Target, and Home Depot in focus.2022-05-16T19:08:00"
Wall Street Struggles for Traction,Stock Market,"Wall Street Struggles for TractionUnited States Stock MarketUS equities fluctuated between slight losses and gains on Monday as investors wrestled with an aggressive Fed tightening, the war in Ukraine, and Covid-19 lockdowns in China. The S&P 500 is now on the edge of a bear market, while the Nasdaq Composite is almost 30% off its record peak, as a threat of soaring inflation spooked investors away from riskier assets. Meanwhile, market participants will watch another batch of quarterly corporate results with Walmart, Target, and Home Depot in focus. In other corporate news, shares of Spirit Airlines jumped more than 12% after JetBlue announced a hostile takeover bid for the airline. 
2022-05-16T13:34:00"
Week Ahead,GDP,"Week AheadUnited States GDPTrouble in equity markets may not be over yet with investors looking for further clues on the course of Fed monetary policy and monitoring earnings result from big retailers. Retail sales, housing data and speeches by several Fed officials will take center stage in the US. Elsewhere, the inflation rates for UK, Canada, and Japan will be closely watched.2022-05-14T14:16:00"
The Dow Jones Index increased 1.28%,Stock Market,"The Dow Jones Index increased 1.28%United States Stock MarketUnited States Stock Market went up by 407 points. The rise was driven by Nike (4.64%), Salesforce.com (4.00%) and American Express (3.47%).2022-05-13T20:30:13.843"
US Stocks Bounce Back,Stock Market,"US Stocks Bounce Back United States Stock MarketThe Dow added almost 400 points at the opening bell on Friday, while the S&P 500 and Nasdaq advanced 1.9% and 2.7%, respectively, as investors took advantage of lower valuations at the end of a roller-coaster week dominated by concerns about aggressive monetary policy tightening and slowing economic growth. Federal Reserve chair Powell said Thursday that bringing inflation down to the central bank's target of 2% could cause some pain, adding that addressing price growth without causing a recession may depend on external factors. Markets interpreted such remarks as more dovish, easing fears that the Fed would increase rates by 0.75 percentage points at some point to curb decades-high inflation. Meanwhile, Twitter shares slumped about 10% after Elon Musk said he is putting his takeover deal on hold as it awaits details about the number of spam/fake accounts. Still, the Dow and S&P 500 are down 2.4% and 2.9% for the week, respectively, while the Nasdaq Composite has declined 4%.2022-05-13T13:31:00"
US Export Prices Rise Slightly Less than Expected,Export Prices MoM,"US Export Prices Rise Slightly Less than ExpectedUnited States Export Prices MoMUS export prices rose by 0.6 percent from a month earlier in April of 2022, easing from the downwardly revised 4.1 percent increase in March and slightly lower than market expectations of a 0.7 percent increase. Prices for agricultural exports rose by 1.1 percent, compared to the 4.3 percent jump in the prior month, as higher prices for corn, cotton, meat, and nuts offset lower prices for wheat and soybeans. At the same time, exports excluding agriculture advanced a slower 0.5 percent, following a 4.1 percent jump, driven by higher costs for capital goods and nonagricultural industrial supplies. On a yearly basis, US export prices increased by 18 percent.2022-05-13T12:35:00"
10-Year Treasury Yield Consolidates at 2.9%,Government Bond 10Y,"10-Year Treasury Yield Consolidates at 2.9%United States Government Bond 10YThe 10-year US Treasury note yield consolidated at around 2.90% as investors reassessed the outlook of tightening monetary policy. Last week, Federal Reserve chair Powell warned that bringing inflation down to the central bank's target of 2% could cause some economic pain. Markets interpreted such remarks as more dovish, easing fears that the Fed would increase rates by 0.75 percentage points at some point to curb decades-high inflation. 2022-05-13T09:35:00"
Motorola Solutions Msi earnings above expectations at 1.70 USD,Earnings,"Motorola Solutions Msi earnings above expectations at 1.70 USDUnited States EarningsMotorola Solutions Msi (MSI) released earnings per share at 1.70 USD, compared to market expectations of 1.58 USD.2022-05-13T08:15:06.107"
"US Futures Rise, Wall Street Heads for Weekly Loss",Stock Market,"US Futures Rise, Wall Street Heads for Weekly LossUnited States Stock MarketUS stock futures rose on Friday after a mixed overnight session, but the major averages were still heading for big weekly losses as rising interest rates, persistent inflation and a weakening global economic outlook continued to weigh on the markets. Dow futures edged up 0.4%, S&P 500 futures gained 0.6% and Nasdaq 100 futures jumped 1%. For the week, the Dow and S&P 500 are down 3.55% and 4.69% so far, respectively, while the Nasdaq Composite has declined 6.37%. The stock market has been sliding for months, starting with unprofitable high-growth technology stocks late last year and spreading to companies with healthy cash flows in recent weeks. The selloff has wiped much of the rapid gains stocks enjoyed off their pandemic lows in March 2020, as surging inflation prompted the Federal Reserve to tighten monetary settings. Fed Chair Jerome Powell also told NPR on Thursday that he couldn’t guarantee a “soft landing” that brought down inflation without causing a recession.2022-05-13T01:09:00"
Dow Jones Falls for 6th Session,Stock Market,"Dow Jones Falls for 6th SessionUnited States Stock MarketThe stock markets remained volatile on Thursday amid lingering worries over the implications of an aggressive tightening on the growth momentum. The Dow closed 104 points down, the S&P 500 fell 0.1% while the tech-heavy Nasdaq was marginally up. The market movement came on the heels of April's hot consumer price data, leaving bets of aggressive Fed tightening broadly intact as the central bank seeks to tame runaway inflation. Meanwhile, data showed that producer price inflation eased in April but still remained elevated and the number of Americans filing new claims for unemployment benefits rose for a second month.2022-05-12T20:28:00"
US Stocks Slide as Volatility Continues to Reign,Stock Market,"US Stocks Slide as Volatility Continues to ReignUnited States Stock MarketVolatility continued to grip markets on Thursday, with all three major indexes down almost 2% as an initial attempt to rebound failed amid lingering worries over the implications of an aggressive tightening on the growth momentum. The market movement came on the heels of April's hot consumer price data, leaving bets of aggressive Fed tightening broadly intact as the central bank seeks to tame runaway inflation. On the corporate side, Rivian Automotive jumped over 20%, while Beyond Meat slumped more than 4% on the back of quarterly results. Meanwhile, data showed that producer price inflation eased in April, and the number of Americans filing new claims for unemployment benefits rose for a second month.2022-05-12T16:36:00"
Wall Street Extends Losses,Stock Market,"Wall Street Extends LossesUnited States Stock MarketThe Dow lost over 300 points in early deals on Thursday, while the S&P 500 and Nasdaq underperformed by falling 1.4% and 2.2%, respectively, with growth stocks leading declines as investors fret over the impact of higher borrowing costs. The market movement came on the heels of April's hot consumer price data, leaving bets of aggressive Fed tightening broadly intact as the central bank seeks to tame runaway inflation. On the corporate side, Rivian Automotive jumped over 15%, while Beyond Meat slumped more than 4% on the back of quarterly results. Meanwhile, data showed that producer price inflation eased in April, and the number of Americans filing new claims for unemployment benefits rose for a second month. 2022-05-12T13:35:00"
Investors Rush to Safety of Government Bonds,Government Bond 10Y,"Investors Rush to Safety of Government BondsUnited States Government Bond 10YMajor core government debt rallied on Thursday as investors rushed into safe-haven assets amid lingering concerns that an aggressive tightening from central banks to rein on record inflation could hurt global economic growth. The yield on the 10-year US Treasury note, which sets the tone for corporate and household borrowing costs worldwide, eased to a two-week low of around 2.8%. Meantime, Germany's 10-year Bund yield, the benchmark for the region, was down ten basis points at 0.88%, a level not seen since late April. Italy's 10-year spread, an influential gauge of risk in eurozone bond markets owing to the vast scale of Italian debt, narrowed to more than 2.74 percentage points.2022-05-12T08:26:00"
Steris earnings above expectations at 2.04 USD,Earnings,"Steris earnings above expectations at 2.04 USDUnited States EarningsSteris (STE) released earnings per share at 2.04 USD, compared to market expectations of 2.02 USD.2022-05-12T08:15:07.32"
Walt Disney earnings below expectations at 1.08 USD,Earnings,"Walt Disney earnings below expectations at 1.08 USDUnited States EarningsWalt Disney (DIS) released earnings per share at 1.08 USD, compared to market expectations of 1.19 USD.2022-05-12T08:12:44.707"
Dollar Index Hits 19-year High,currency,Dollar Index Hits 19-year HighUnited States currencyDXY increased to a 19-year high of 104.192022-05-12T06:03:07.35
Dollar Rally Pauses,Currency,"Dollar Rally Pauses United States CurrencyThe dollar index bottomed around 103.6, easing from its daily highs of 104.1 as much of the upside seen after hotter-than-expected US inflation started to fade. Still, the DXY remained close to a level not seen since 2002 as the Federal Reserve embarked on an aggressive tightening of monetary policy to rein in soaring inflation. The annual inflation rate in the US slowed to 8.3% in April, less than market forecasts of 8.1%, while core CPI gained 6.2% compared to expectations of 6%. Such a reading is a blow to the Fed's narrative of transitory inflationary pressures, opening the door for a 75bps rate hike in June. The dollar has also been buoyed recently by haven demand due to economic uncertainties surrounding Europe and China, with Russia's war in Ukraine and Covid-induced lockdowns in China clouding the outlook.2022-05-11T15:49:00"
US Crude Stocks Unexpectedly Increase: EIA,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Increase: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories unexpectedly expanded by 8.487 million barrels in the week ended May 6th, following a 1.302 million barrel addition in the previous week and compared to market expectations of a 0.457 million barrel decline. Still, crude stocks at Cushing, Oklahoma, delivery hub fell by 0.587 million barrels, after a 1.379 million barrel injection. Meanwhile, gasoline stocks shrank by 3.607 million barrels, more than forecasts of a 1.574 million barrel drop; and inventories of distillate fuels, which include diesel and heating oil, decreased by 0.913 million barrels, less than expectations of a 1.312 million barrel draw. 
2022-05-11T14:38:00"
US 10-Year Treasury Yield Rebounds,Government Bond 10Y,"US 10-Year Treasury Yield ReboundsUnited States Government Bond 10YThe yield on the 10-year US Treasury note, which sets the tone for corporate and household borrowing costs worldwide, bounced back to 3.03% from an intraday low of 2.91% as investors digested hotter-than-expected consumer prices data. Headline inflation eased to 8.3% April from a four-decade high of 8.5% in March, but came above market expectations of 8.0%, signaling inflation may have peaked but its decline may take longer than previously thought. Core inflation also slowed less than forecasted, and remained above the 6% mark, which doesn’t provide much relief to the Federal Reserve’s board. The yield hit 3.20% on Monday for the first time since November 2018, with the market pricing in bets that interest rates would go all the way up to 3% by year-end. 2022-05-11T12:47:30.7"
DXY Rises Above 104,Currency,"DXY Rises Above 104United States CurrencyThe dollar index rose to above 104 on Wednesday, after the data showed the US inflation rate slowed less than expected reinforcing the need for the faster tightening by the Federal Reserve. The annual inflation rate in the US slowed to 8.3% in April from a 41-year high of 8.5% in March, but less than market forecasts of 8.1%. The dollar has also been buoyed recently by haven demand due to economic uncertainties surrounding Europe and China, with Russia’s war in Ukraine and Covid-induced lockdowns in China clouding the outlook.2022-05-11T12:44:51.9"
US Core CPI Rises More than Expected,Core Inflation Rate MoM,"US Core CPI Rises More than ExpectedUnited States Core Inflation Rate MoMThe CPI index for all items less food and energy in the US rose 0.6% month-over-month in April 2022, accelerating from a 0.3% increase the prior month and above market expectations of 0.4%. Along with indexes for shelter (0.5%), airline fares (18.6%), and new vehicles (1.1%), prices also increased for medical care (0.4%), recreation (0.4%), and household furnishings and operations. The annual core inflation rate eased to 6.2% from 1982-highs of 6.5%, but above market forecasts of 6%.2022-05-11T12:33:00"
US Stock Futures Rise,Stock Market,"US Stock Futures Rise United States Stock MarketUS stock futures were up roughly 1% on Wednesday tracking the broader market as investors reassessed the inflation outlook ahead of Wednesday’s highly anticipated April US inflation report. If April’s inflation comes in as expected or is even weaker, it could spark a relief rally, while a hotter than expected reading would harm equities since it could mean the Fed will have to move more aggressively to tame price growth. Investors will also be looking to earnings reports from companies including Toyota Motors, Walt Disney, and Beyond Meat. In a highly volatile regular session on Tuesday, the Dow fell for a fourth straight day by 0.26%, while the S&P 500 and Nasdaq Composite gained 0.25% and 0.95%, respectively.2022-05-11T08:57:00"
Dollar Holds Up Ahead of Inflation Data,Currency,"Dollar Holds Up Ahead of Inflation DataUnited States CurrencyThe dollar index held around 103.5 on Wednesday, hovering near a two-decade high, as investors looked ahead to a key inflation reading that should provide clues on how aggressive the Federal Reserve will be in tightening monetary policy. Investors will be watching the April US consumer price index for any signs inflation may be peaking, with expectations calling for an 8.1% annual increase compared with an 8.5% rise recorded in March. The Fed raised its benchmark interest rate by 50 basis points last week, the largest in 22 years. Markets are priced for another hike of at least 50 basis points at the central bank’s June meeting, according to CME’s FedWatch Tool. The dollar has also been buoyed recently by haven demand due to economic uncertainties surrounding Europe and China, with Russia’s war in Ukraine and Covid-induced lockdowns in China clouding the outlook.2022-05-11T05:58:00"
Western Gas Partners earnings above expectations at 0.75 USD,Earnings,"Western Gas Partners earnings above expectations at 0.75 USDUnited States EarningsWestern Gas Partners (WES) released earnings per share at 0.75 USD, compared to market expectations of 0.61 USD.2022-05-10T21:05:41.273"
Darling Ingredients earnings above expectations at 1.14 USD,Earnings,"Darling Ingredients earnings above expectations at 1.14 USDUnited States EarningsDarling Ingredients (DAR) released earnings per share at 1.14 USD, compared to market expectations of 1.11 USD.2022-05-10T21:05:34.533"
Welltower Inc earnings meet market expectations at 0.14 USD,Earnings,"Welltower Inc earnings meet market expectations at 0.14 USDUnited States EarningsWelltower Inc (WELL) released earnings per share at 0.14 USD, in line with market expectations.2022-05-10T21:05:23.297"
US Crude Oil Inventories Unexpectedly Rise: API,API Crude Oil Stock Change,"US Crude Oil Inventories Unexpectedly Rise: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 1.618 million barrels in the week ended May 6th of 2022, following a 3.479 million barrels slump in the previous week and against market expectations of a 0.457 million decrease, data from the American Petroleum Institute showed.2022-05-10T20:36:57.14"
Fidelity National Financial earnings above expectations at 1.37 USD,Earnings,"Fidelity National Financial earnings above expectations at 1.37 USDUnited States EarningsFidelity National Financial (FNF) released earnings per share at 1.37 USD, compared to market expectations of 1.26 USD.2022-05-10T20:35:22.943"
"Rocket Companies, Inc. earnings below expectations at 0.15 USD",Earnings,"Rocket Companies, Inc. earnings below expectations at 0.15 USDUnited States EarningsRocket Companies, Inc. (RKT) released earnings per share at 0.15 USD, compared to market expectations of 0.19 USD.2022-05-10T20:35:14.26"
Coinbase earnings below expectations at -1.98 USD,Earnings,"Coinbase earnings below expectations at -1.98 USDUnited States EarningsCoinbase (COIN) released earnings per share at -1.98 USD, compared to market expectations of 0.00 USD.2022-05-10T20:35:07.593"
Electronic Arts EA earnings below expectations at 0.80 USD,Earnings,"Electronic Arts EA earnings below expectations at 0.80 USDUnited States EarningsElectronic Arts EA (EA) released earnings per share at 0.80 USD, compared to market expectations of 1.43 USD.2022-05-10T20:34:48.65"
Occidental Petroleum earnings above expectations at 2.12 USD,Earnings,"Occidental Petroleum earnings above expectations at 2.12 USDUnited States EarningsOccidental Petroleum (OXY) released earnings per share at 2.12 USD, compared to market expectations of 1.98 USD.2022-05-10T20:34:36.35"
US Stocks Close Mixed,Stock Market,"US Stocks Close MixedUnited States Stock MarketUS stocks volatility continued on Tuesday with the Dow closing down 0.3% and extending losses for a 4th session, the S&P 500 up 0.3%, and the Nasdaq climbing 1%. Tech companies led the gains but concerns about an aggressive monetary policy tightening, a slowdown in economic growth, and geopolitical risks kept the sentiment subdued. As 50 basis point increases in the Fed funds rate are on the table during the next two policy meetings, Cleveland Fed President Loretta Mester said that the Fed does not rule out a 75 bps hike forever. Now all eyes are on the US inflation report for May for further clues on the central bank’s rate-hike path. On the corporate front, Peloton plunged roughly 15% after reporting a larger-than-expected loss in Q1. Also, Novavax declined almost 7% after reporting its first profitable quarter, but still missing expectations on earnings and revenue. On the flip side, entertainment company AMC jumped nearly 6% after quarterly results beat Wall Street expectations.2022-05-10T18:20:00"
Fed Master Backs Big Rate Hikes,Interest Rate,"Fed Master Backs Big Rate HikesUnited States Interest RateAs 50 basis point increases in the fed funds rate are on the table during the next two policy meetings in June and July, some Federal Reserve officials may be considering bigger hikes going forward. “We don’t rule out 75 forever,” Cleveland Fed President Loretta Mester said in an interview this week. “When we get to that point in the second half of the year, if we don’t have inflation moving down we may have to speed up.”, she added. The Federal Reserve raised the target for the fed funds rate by half a point to 0.75%-1% during the May meeting, the second consecutive rate hike and the biggest rise in borrowing costs since 2000, aiming to tackle soaring inflation.2022-05-10T18:05:10.327"
Wall Street Rally Evaporates,Stock Market,"Wall Street Rally EvaporatesUnited States Stock MarketUS equities pared earlier gains to briefly cross into negative territory on Tuesday morning, as initial dip-buying lost momentum while concerns about an aggressive tightening and a slowdown in economic growth kept sentiment subdued. The market movement came as investors digested hawkish remarks from Cleveland Federal Reserve Bank President Loretta Mester and New York Fed President John Williams, signaling that 50 bps rate hikes are likely for the next couple of Fed meetings. Now all eyes are on the US inflation report for May for further clues on the central bank’s rate-hike path. On the corporate front, shares of Peloton Interactive plunged roughly 15% after reporting a larger-than-expected loss in the first quarter. Novavax declined almost 7% on the back of recent quarterly earnings. On the flip side, AMC jumped nearly 6% after the entertainment company beat Wall Street expectations.2022-05-10T15:37:14.343"
Twenty First Century Fox earnings below expectations at 0.81 USD,Earnings,"Twenty First Century Fox earnings below expectations at 0.81 USDUnited States EarningsTwenty First Century Fox (FOX) released earnings per share at 0.81 USD, compared to market expectations of 0.86 USD.2022-05-10T15:29:45.617"
Wall Street Regains Some Ground,Stock Market,"Wall Street Regains Some GroundUnited States Stock MarketThe Dow added more than 400 points at the opening bell on Tuesday, while the S&P 500 and Nasdaq advanced 1.7% and 2.5%, respectively, as dip buyers emerged to blunt a massive meltdown seen in the prior sessions that sent all the three major indexes to levels not seen in over a year. Still, market sentiment remains clouded by concerns about the implications of an aggressive tightening on a backdrop of soaring inflation and a challenging growth outlook. On the corporate front, shares of Peloton Interactive plunged almost 20% after reporting a larger-than-expected loss in the first quarter. Novavax declined roughly 20% on the back of recent quarterly earnings. On the flip side, AMC jumped almost 7% after the entertainment company beat Wall Street expectations. 2022-05-10T13:35:00"
Twenty-First Century Fox earnings below expectations at 0.81 USD,Earnings,"Twenty-First Century Fox earnings below expectations at 0.81 USDUnited States EarningsTwenty-First Century Fox (FOXA) released earnings per share at 0.81 USD, compared to market expectations of 0.87 USD.2022-05-10T12:23:42.073"
Sysco earnings above expectations at 0.71 USD,Earnings,"Sysco earnings above expectations at 0.71 USDUnited States EarningsSysco (SYY) released earnings per share at 0.71 USD, compared to market expectations of 0.55 USD.2022-05-10T12:23:26.92"
TransDigm earnings above expectations at 3.86 USD,Earnings,"TransDigm earnings above expectations at 3.86 USDUnited States EarningsTransDigm (TDG) released earnings per share at 3.86 USD, compared to market expectations of 3.69 USD.2022-05-10T11:47:51.257"
Dentsply International earnings below expectations at 0.52 USD,Earnings,"Dentsply International earnings below expectations at 0.52 USDUnited States EarningsDentsply International (XRAY) released earnings per share at 0.52 USD, compared to market expectations of 0.58 USD.2022-05-10T11:17:05.733"
Builders Firstsource earnings above expectations at 3.90 USD,Earnings,"Builders Firstsource earnings above expectations at 3.90 USDUnited States EarningsBuilders Firstsource (BLDR) released earnings per share at 3.90 USD, compared to market expectations of 2.02 USD.2022-05-10T11:16:50.417"
US Futures Slip After Wall Street Rout,Stock Market,"US Futures Slip After Wall Street RoutUnited States Stock MarketUS stock futures slipped on Tuesday after Wall Street extended a sharp selloff that sent all three major averages to their lowest levels in over a year. Dow futures fell 0.4%, while S&P 500 and Nasdaq 100 futures were each down about 0.5%. In regular trading on Monday, the S&P 500 dropped 3.2% and the Dow declined 1.99% to their lowest since March 2021. The Nasdaq Composite also plunged 4.29%, accelerating a selloff in the tech-heavy index to its weakest since late 2020. Those moves came as inflation fears and growth concerns continued to grip markets. Rising interest rates also continued to pressure technology names with sharp losses from Tesla (-9.1%), Apple (-3.3%), Amazon (-5.2%), AMD (-9.4%) and Nvidia (-9.2%). In extended trading, AMC jumped 2.6% on a strong quarterly performance as consumers returned to movie theaters, while Novavax tumbled 22% on an earnings miss.2022-05-10T01:17:00"
RingCentral earnings below expectations at -1.60 USD,Earnings,"RingCentral earnings below expectations at -1.60 USDUnited States EarningsRingCentral (RNG) released earnings per share at -1.60 USD, compared to market expectations of 0.34 USD.2022-05-09T20:35:24.367"
Zynga earnings below expectations at -0.02 USD,Earnings,"Zynga earnings below expectations at -0.02 USDUnited States EarningsZynga (ZNGA) released earnings per share at -0.02 USD, compared to market expectations of 0.08 USD.2022-05-09T20:35:15.107"
Plug Power earnings below expectations at -0.27 USD,Earnings,"Plug Power earnings below expectations at -0.27 USDUnited States EarningsPlug Power (PLUG) released earnings per share at -0.27 USD, compared to market expectations of -0.16 USD.2022-05-09T20:35:07.907"
International Flavors Fragrances earnings above expectations at 1.69 USD,Earnings,"International Flavors Fragrances earnings above expectations at 1.69 USDUnited States EarningsInternational Flavors Fragrances (IFF) released earnings per share at 1.69 USD, compared to market expectations of 1.35 USD.2022-05-09T20:34:58.753"
Microchip Technology earnings above expectations at 1.35 USD,Earnings,"Microchip Technology earnings above expectations at 1.35 USDUnited States EarningsMicrochip Technology (MCHP) released earnings per share at 1.35 USD, compared to market expectations of 1.25 USD.2022-05-09T20:34:49.9"
Simon Property Group earnings meet market expectations at 1.30 USD,Earnings,"Simon Property Group earnings meet market expectations at 1.30 USDUnited States EarningsSimon Property Group (SPG) released earnings per share at 1.30 USD, in line with market expectations.2022-05-09T20:34:43.617"
US Stocks Close Sharply Lower,Stock Market,"US Stocks Close Sharply LowerUnited States Stock MarketWall Street's sell-off accelerated in the final hour of trading with the Dow closing down 653 points below the 4000 level and the S&P 500 and Nasdaq plunging 3.2% and 4.3%, respectively, pushing the three major indexes to levels not seen in over a year. Investors have been increasingly concerned about the implications of tighter global monetary policy on the growth momentum. Adding to the sour mood were signs of slowing economic activity in China as the world's second-largest economy struggles with tight lockdowns, and further Western sanctions on Russia, further stoking inflation. All sectors except for consumer staples turned red. Falls were once again most pronounced in high-growth stocks, with Meta Platforms, Google-owner Alphabet, Amazon.com, Microsoft, Apple, and Tesla down between 2% and 6%. On top of that, the energy sector also came under heavy selling pressure, with Chevron tumbling as much as 7% tracking lower oil prices. 2022-05-09T19:59:00"
Dow Jones Hits 13-month Low,Stock Market,"Dow Jones Hits 13-month LowUnited States Stock MarketThe Dow lost more than 500 points on Monday afternoon, while the S&P 500 and Nasdaq plunged 2.5% and 3.1%, respectively, pushing all the three major indexes to levels not seen in over a year. Investors have been growing concerned about the implications of tighter global monetary policy on the growth momentum. Adding to the sour mood were signs of slowing economic activity in China as the world's second-largest economy struggles with tight lockdowns, and more Western sanctions on Russia, further stoking inflation. Falls were once again most pronounced in high-growth stocks, with mega-cap names such as Meta Platforms, Google-owner Alphabet, Amazon.com, Microsoft, Apple, and Tesla down between 2% and 6%. On top of that,  the energy sector also came under heavy selling pressure, with Chevron tumbling over 7% tracking lower oil prices. Now, all eyes turn to the US inflation report for May, which might influence the pace of the Fed tightening. 
2022-05-09T15:33:00"
US Wholesale Inventories Unrevised in March,Wholesale Inventories,"US Wholesale Inventories Unrevised in MarchUnited States Wholesale InventoriesWholesale inventories in the US increased 2.3% mom to $840.3 billion in March of 2022, matching initial estimates. It follows an upwardly revised 2.8% rise in February. Inventories of durable goods went up 2.2%, namely for furniture (4.5%), electrical (4.2%) and hardware (3.7%) equipment. Meanwhile, wholesale stocks of nondurables increased 2.6%, with apparel (4.4%), farm products (3.8%), and groceries (3.6%) recording the biggest gains. 2022-05-09T14:13:47.21"
Wall Street Extends Selloff,Stock Market,"Wall Street Extends SelloffUnited States Stock MarketThe Dow lost over 450 points at the opening bell on Monday, while the S&P 500 and Nasdaq underperformed by falling 2.3% and 3%, respectively, as investors fretted over the implications of tighter global monetary policy on the growth momentum. Falls were once again most pronounced in high-growth stocks as the prospect of higher interest rates threatens to undermine the valuations of tech companies in particular. Adding to the sour mood were signs of slowing economic activity in China as the world's second-largest economy struggles with tight lockdowns, and more Western sanctions on Russia, further stoking inflation. Now, all eyes turn to the US inflation report for May, which might influence the pace of the Fed tightening.2022-05-09T13:33:00"
S&P 500 Hits 51-week Low,Stock Market,"S&P 500 Hits 51-week LowUnited States Stock MarketThe S&P 500 index tumbled to a 51-week low of 4060, dragged by another meltdown in the technology sector amid rising bond yields amid expectations of an aggressive tightening monetary policy and slower economic growth. 2022-05-09T13:30:00"
Jones Lang LaSalle earnings above expectations at 3.47 USD,Earnings,"Jones Lang LaSalle earnings above expectations at 3.47 USDUnited States EarningsJones Lang LaSalle (JLL) released earnings per share at 3.47 USD, compared to market expectations of 2.16 USD.2022-05-09T11:48:15.843"
Tyson Foods earnings above expectations at 2.29 USD,Earnings,"Tyson Foods earnings above expectations at 2.29 USDUnited States EarningsTyson Foods (TSN) released earnings per share at 2.29 USD, compared to market expectations of 1.86 USD.2022-05-09T11:48:06.81"
AECOM earnings above expectations at 0.83 USD,Earnings,"AECOM earnings above expectations at 0.83 USDUnited States EarningsAECOM (ACM) released earnings per share at 0.83 USD, compared to market expectations of 0.78 USD.2022-05-09T11:17:34.757"
Palantir Technologies Inc. earnings below expectations at 0.02 USD,Earnings,"Palantir Technologies Inc. earnings below expectations at 0.02 USDUnited States EarningsPalantir Technologies Inc. (PLTR) released earnings per share at 0.02 USD, compared to market expectations of 0.04 USD.2022-05-09T11:17:25.86"
Duke Energy earnings below expectations at 1.30 USD,Earnings,"Duke Energy earnings below expectations at 1.30 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.30 USD, compared to market expectations of 1.34 USD.2022-05-09T11:17:19.607"
Wall Street Set to Open Sharply Lower,Stock Market,"Wall Street Set to Open Sharply Lower United States Stock MarketUS stock futures tracking the broader were down more than 1%, putting major indexes on track to extend losses as investors fretted over the implications of tighter global monetary policy on the growth momentum. Last week wrapped up with nonfarm payroll numbers showing that US employers added back far more jobs than expected in April and reinforced the narrative of an extremely tight job market. At the same time, the Federal Reserve hiked its benchmark policy rate by half a percentage point for the first time since 2000, while markets are now pricing in a more than 90% chance of a 75 bps hike in June. Now, all eyes turn to the US inflation report for May, which might influence the pace of the Fed tightening. Last week, the Nasdaq Composite declined 1.54%, and the S&P 500 shed 0.21% for their fifth straight losing week, while the Dow lost 0.24% for its sixth straight down week. 2022-05-09T10:58:00"
10-Year Treasury Yield Hits 3.2%,Government Bond 10Y,"10-Year Treasury Yield Hits 3.2%United States Government Bond 10YThe yield on the 10-year US Treasury note, which sets the tone for corporate and household borrowing costs worldwide, topped 3.2%, a level not seen since November 2018, as investors digest the narrative of a looming policy tightening cycle against a backdrop of slowing global growth. The Federal Reserve hiked its benchmark policy rate by half a percentage point for the first time since 2000, while markets are now pricing in a more than 90% chance of a 75 bps hike in June. With inflation running at 40-year highs and the job market extremely tight, the Federal Reserve had no choice but to change the narrative and signal a faster tightening.2022-05-09T10:23:09.34"
"US Consumer Credit Tops Forecasts, Highest Since 2010",Consumer Credit,"US Consumer Credit Tops Forecasts, Highest Since 2010United States Consumer CreditConsumer credit in the United States increased by USD 52.43 billion in March of 2022, up from a downwardly revised USD 37.7 billion gain in the prior month, and well above market expectations of a USD 25 billion rise. It was the biggest monthly gain in consumer credit since December of 2010, as non-revolving credit went up by USD 21.07 billion while revolving credit increased by USD 31.37 billion. On an annual basis, consumer credit grew 14 percent, following a downwardly revised 10.2 percent increase in February.2022-05-06T19:04:00"
Citrix Systems earnings above expectations at 1.52 USD,Earnings,"Citrix Systems earnings above expectations at 1.52 USDUnited States EarningsCitrix Systems (CTXS) released earnings per share at 1.52 USD, compared to market expectations of 1.19 USD.2022-05-06T16:53:51.317"
Liberty Broadband earnings above expectations at 1.77 USD,Earnings,"Liberty Broadband earnings above expectations at 1.77 USDUnited States EarningsLiberty Broadband (LBRDA) released earnings per share at 1.77 USD, compared to market expectations of 1.35 USD.2022-05-06T15:07:59.007"
Icahn Enterprises earnings above expectations at 1.06 USD,Earnings,"Icahn Enterprises earnings above expectations at 1.06 USDUnited States EarningsIcahn Enterprises (IEP) released earnings per share at 1.06 USD, compared to market expectations of 0.17 USD.2022-05-06T14:22:00.363"
DXY Hovers Close to 20-Year High,Currency,"DXY Hovers Close to 20-Year HighUnited States CurrencyThe dollar index eased to around 103.4 on Friday, but remained not far from a 20-year high hit above 104 earlier as investors continued to bet on further Federal Reserve monetary tightening to bring decades-high inflation under control. The Fed on Wednesday raised its benchmark overnight interest rate by 50 basis points, the biggest jump in 22 years, while Chair Jerome Powell added the bank was not considering a 75 basis-point move in the future. However, he assured Americans that the central bank will do what it takes to curb surging inflation, while acknowledging that this could risk economic pain. Meanwhile, the latest data showed the economy added 428K jobs in April, more than expectations for a 391K increase and the 12th straight month of job gains above 400K. 2022-05-06T12:51:57.437"
Liberty Broadband Lbrdk earnings above expectations at 1.77 USD,Earnings,"Liberty Broadband Lbrdk earnings above expectations at 1.77 USDUnited States EarningsLiberty Broadband Lbrdk (LBRDK) released earnings per share at 1.77 USD, compared to market expectations of 1.08 USD.2022-05-06T12:49:02.43"
US Jobless Rate Above Forecasts,Unemployment Rate,"US Jobless Rate Above ForecastsUnited States Unemployment RateThe US unemployment rate was unchanged at 3.6 percent in April of 2022, remaining the lowest since February 2020 and compared with market expectations of 3.5 percent. The number of unemployed people declined by 11 thousand to 5.941 million, while employment levels fell by 353 thousand to 158.105 million. Meanwhile, the labor force participation rate fell to a 3-month low of 62.2 percent in April, from 62.4 percent in March.2022-05-06T12:35:00"
US Wages Grow Less Than Expected,Average Hourly Earnings,"US Wages Grow Less Than ExpectedUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls in the US increased by 10 cents, or 0.3%, to $31.85 in April of 2022, after an upwardly revised 0.5% rise in March and below market expectations for a 0.4% increase. In April, the average hourly earnings of private sector production and nonsupervisory employees rose by 10 cents, or 0.4%, to $27.12. Over the past 12 months, average hourly earnings have increased by 5.5%, following a 5.6% increase in March. 2022-05-06T12:34:00"
Wall Street Set to Extend Losses,Stock Market,"Wall Street Set to Extend Losses United States Stock MarketUS stock futures tracking the broader were down more than 0.5%, putting major indexes on track to extend losses as investors worried over the implications of tighter global monetary policy on a backdrop of high inflation and a challenging growth outlook. Now market participants are closely watching the nonfarm payroll report on Friday to gauge the health of the world's largest economy. In regular trading on Thursday, the Dow lost more than 1,000 points, and the tech-heavy Nasdaq Composite plunged nearly 5%, with both indexes notching their worst one-day drops since 2020. The S&P 500 also dropped 3.6% on its second-worst day of 2022. Still, all three major indexes were on track to end the week virtually flat. 2022-05-06T11:21:17.697"
Dish Network earnings below expectations at 0.68 USD,Earnings,"Dish Network earnings below expectations at 0.68 USDUnited States EarningsDish Network (DISH) released earnings per share at 0.68 USD, compared to market expectations of 0.74 USD.2022-05-06T10:48:32.693"
Cigna earnings above expectations at 6.01 USD,Earnings,"Cigna earnings above expectations at 6.01 USDUnited States EarningsCigna (CI) released earnings per share at 6.01 USD, compared to market expectations of 5.20 USD.2022-05-06T10:48:07.46"
American Homes 4 Rent earnings above expectations at 0.16 USD,Earnings,"American Homes 4 Rent earnings above expectations at 0.16 USDUnited States EarningsAmerican Homes 4 Rent (AMH) released earnings per share at 0.16 USD, compared to market expectations of 0.11 USD.2022-05-06T08:11:40.677"
Dollar Set for 5th Weekly Advance,Currency,"Dollar Set for 5th Weekly AdvanceUnited States CurrencyThe dollar index held firmly above 103.5 on Friday and was set for its fifth consecutive week of gains, as investors continued to bet on further Federal Reserve monetary tightening to bring decades-high inflation under control. The greenback is up about half a percent so far this week, hovering near its highest in 20 years and tracking gains in Treasury yields, with the benchmark US 10-year yield topping 3.1% overnight. The Fed on Wednesday raised its benchmark overnight interest rate by 50 basis points, the biggest jump in 22 years, while Chair Jerome Powell added the bank was not considering a 75 basis-point move in the future. However, he assured Americans that the central bank will do what it takes to curb surging inflation, while acknowledging that this could risk economic pain. Investors now await the April jobs report due later today which could reinforce the case for aggressive monetary policy tightening.2022-05-06T06:11:20.027"
AES earnings below expectations at 0.21 USD,Earnings,"AES earnings below expectations at 0.21 USDUnited States EarningsAES (AES) released earnings per share at 0.21 USD, compared to market expectations of 0.28 USD.2022-05-05T22:38:21.287"
Consolidated Edison earnings below expectations at 1.47 USD,Earnings,"Consolidated Edison earnings below expectations at 1.47 USDUnited States EarningsConsolidated Edison (ED) released earnings per share at 1.47 USD, compared to market expectations of 1.48 USD.2022-05-05T22:38:13.873"
Ameren earnings below expectations at 0.97 USD,Earnings,"Ameren earnings below expectations at 0.97 USDUnited States EarningsAmeren (AEE) released earnings per share at 0.97 USD, compared to market expectations of 0.98 USD.2022-05-05T22:08:25.65"
Ventas earnings above expectations at 0.10 USD,Earnings,"Ventas earnings above expectations at 0.10 USDUnited States EarningsVentas (VTR) released earnings per share at 0.10 USD, compared to market expectations of -0.02 USD.2022-05-05T21:37:20.027"
Insulet earnings above expectations at 0.40 USD,Earnings,"Insulet earnings above expectations at 0.40 USDUnited States EarningsInsulet (PODD) released earnings per share at 0.40 USD, compared to market expectations of 0.23 USD.2022-05-05T21:35:27.247"
Zillow earnings above expectations at 0.25 USD,Earnings,"Zillow earnings above expectations at 0.25 USDUnited States EarningsZillow (Z) released earnings per share at 0.25 USD, compared to market expectations of 0.24 USD.2022-05-05T21:34:18.927"
DaVita Healthcare Partners earnings below expectations at 1.61 USD,Earnings,"DaVita Healthcare Partners earnings below expectations at 1.61 USDUnited States EarningsDaVita Healthcare Partners (DVA) released earnings per share at 1.61 USD, compared to market expectations of 1.87 USD.2022-05-05T20:35:55.987"
Paylocity earnings above expectations at 1.00 USD,Earnings,"Paylocity earnings above expectations at 1.00 USDUnited States EarningsPaylocity (PCTY) released earnings per share at 1.00 USD, compared to market expectations of 0.91 USD.2022-05-05T20:35:48.967"
News earnings above expectations at 0.16 USD,Earnings,"News earnings above expectations at 0.16 USDUnited States EarningsNews (NWS) released earnings per share at 0.16 USD, compared to market expectations of 0.15 USD.2022-05-05T20:35:42.113"
News Corp earnings above expectations at 0.16 USD,Earnings,"News Corp earnings above expectations at 0.16 USDUnited States EarningsNews Corp (NWSA) released earnings per share at 0.16 USD, compared to market expectations of 0.15 USD.2022-05-05T20:35:34.837"
Cognex earnings above expectations at 0.42 USD,Earnings,"Cognex earnings above expectations at 0.42 USDUnited States EarningsCognex (CGNX) released earnings per share at 0.42 USD, compared to market expectations of 0.38 USD.2022-05-05T20:35:27.977"
Fleetcor Technologies earnings above expectations at 3.65 USD,Earnings,"Fleetcor Technologies earnings above expectations at 3.65 USDUnited States EarningsFleetcor Technologies (FLT) released earnings per share at 3.65 USD, compared to market expectations of 3.53 USD.2022-05-05T20:35:17.143"
Live Nation Entertainment earnings above expectations at -0.39 USD,Earnings,"Live Nation Entertainment earnings above expectations at -0.39 USDUnited States EarningsLive Nation Entertainment (LYV) released earnings per share at -0.39 USD, compared to market expectations of -0.77 USD.2022-05-05T20:35:10.213"
Mettler Toledo International earnings above expectations at 7.87 USD,Earnings,"Mettler Toledo International earnings above expectations at 7.87 USDUnited States EarningsMettler Toledo International (MTD) released earnings per share at 7.87 USD, compared to market expectations of 7.28 USD.2022-05-05T20:34:59.337"
Republic Services earnings above expectations at 1.14 USD,Earnings,"Republic Services earnings above expectations at 1.14 USDUnited States EarningsRepublic Services (RSG) released earnings per share at 1.14 USD, compared to market expectations of 1.05 USD.2022-05-05T20:34:50.497"
Monster Beverage earnings below expectations at 0.55 USD,Earnings,"Monster Beverage earnings below expectations at 0.55 USDUnited States EarningsMonster Beverage (MNST) released earnings per share at 0.55 USD, compared to market expectations of 0.61 USD.2022-05-05T20:34:43.683"
Illumina earnings above expectations at 1.07 USD,Earnings,"Illumina earnings above expectations at 1.07 USDUnited States EarningsIllumina (ILMN) released earnings per share at 1.07 USD, compared to market expectations of 0.90 USD.2022-05-05T20:34:29.827"
McKesson earnings below expectations at 5.83 USD,Earnings,"McKesson earnings below expectations at 5.83 USDUnited States EarningsMcKesson (MCK) released earnings per share at 5.83 USD, compared to market expectations of 6.03 USD.2022-05-05T20:34:21.657"
Square earnings below expectations at 0.18 USD,Earnings,"Square earnings below expectations at 0.18 USDUnited States EarningsSquare (SQ) released earnings per share at 0.18 USD, compared to market expectations of 0.22 USD.2022-05-05T20:34:14.757"
Vertex Pharmaceuticals earnings below expectations at 3.52 USD,Earnings,"Vertex Pharmaceuticals earnings below expectations at 3.52 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 3.52 USD, compared to market expectations of 3.56 USD.2022-05-05T20:34:07.847"
EOG Resources earnings above expectations at 4.00 USD,Earnings,"EOG Resources earnings above expectations at 4.00 USDUnited States EarningsEOG Resources (EOG) released earnings per share at 4.00 USD, compared to market expectations of 3.64 USD.2022-05-05T20:34:01.38"
"Dow, Nasdaq Suffer Worst Day since 2020",Stock Market,"Dow, Nasdaq Suffer Worst Day since 2020United States Stock MarketThe Dow lost over 1000 points on Thursday and the Nasdaq Composite sink almost 5%, their biggest daily drop since 2020, while the S&P 500 tumbled 3.6% as investors continue to bet on bigger interest rate hikes to rein on inflation and worry about its impact on growth despite Fed Chair Jerome Powell’s less hawkish tone. Falls were most pronounced in high-growth stocks, with Apple and other tech giants such as Amazon, Tesla, and Microsoft plunging between 4% and 8%. The market moves came after the Fed hiked its benchmark policy rate by half a percentage point for the first time since 2000, sending a strong signal that it intended to do so again at the next two meetings. All eyes next week turn to Friday's nonfarm payroll report for further clues about the job market's strength.2022-05-05T20:11:00"
Wall Street Selloff Intensifies,Stock Market,"Wall Street Selloff Intensifies United States Stock MarketThe Dow lost over 1200 points on Thursday, while the S&P 500 and Nasdaq sank by 4.1% and 5.7%, respectively, as investors continue to bet on bigger interest rate hikes to rein on inflation and worry about its impact on growth despite Fed Chair Jerome Powell’s less hawkish tone. Falls were most pronounced in high-growth stocks, with Apple and other tech giants such as Amazon, Tesla, and Microsoft plunging between 4% and 8%. The market moves came after the Fed hiked its benchmark policy rate by half a percentage point for the first time since 2000, sending a strong signal that it intended to do so again at the next two meetings. Adding to the sour mood, Etsy and eBay dropped 15% and 9%, respectively, after issuing weak revenue guidance, and Shopify fell 17% after missing estimates. All eyes next week turn to Friday's nonfarm payroll report for further clues about the job market's strength.2022-05-05T15:49:00"
US Bond Selloff Resumes,Government Bond 10Y,"US Bond Selloff Resumes  United States Government Bond 10YThe yield on the 10-year US Treasury note, which sets the tone for corporate and household borrowing costs worldwide, jumped towards 3.1%, a level not seen since November 2018, as investors digest the narrative of a looming policy tightening cycle against a backdrop of slowing global growth. The Federal Reserve hiked its benchmark policy rate by half a percentage point for the first time since 2000, sending a strong signal that it intended to do so again at the next two meetings. With inflation running at 40-year highs and the job market extremely tight, the Federal Reserve had no choice but to change the narrative and signal a faster tightening. 2022-05-05T15:21:57.98"
Dominion Resources earnings above expectations at 1.18 USD,Earnings,"Dominion Resources earnings above expectations at 1.18 USDUnited States EarningsDominion Resources (D) released earnings per share at 1.18 USD, compared to market expectations of 1.17 USD.2022-05-05T13:52:36.547"
Intercontinental Exchange earnings above expectations at 1.43 USD,Earnings,"Intercontinental Exchange earnings above expectations at 1.43 USDUnited States EarningsIntercontinental Exchange (ICE) released earnings per share at 1.43 USD, compared to market expectations of 1.42 USD.2022-05-05T13:51:25.173"
Parker-Hannifin earnings above expectations at 4.83 USD,Earnings,"Parker-Hannifin earnings above expectations at 4.83 USDUnited States EarningsParker-Hannifin (PH) released earnings per share at 4.83 USD, compared to market expectations of 4.65 USD.2022-05-05T13:50:56.78"
Wall Street Rally Pauses,Stock Market,"Wall Street Rally PausesUnited States Stock MarketThe Dow lost over 600 points at the opening bell on Thursday, while the S&P 500 and Nasdaq plunged by 2.5% and 4%, respectively, as yesterday's Fed-induced relief rally ran out of steam and investors refrained from placing big bets before Friday's jobs data. The market moves came after the Fed hiked its benchmark policy rate by half a percentage point for the first time since 2000, sending a strong signal that it intended to do so again at the next two meetings. On the data front, nonfarm labor productivity in the US slumped an annualized 7.5 percent in the first quarter of 2022, much more than market expectations and the most since 1947. Adding to the gloomy mood, Etsy and eBay dropped 16% and 8%, respectively, after issuing weak revenue guidance, and Shopify fell 18% after missing estimates. 
2022-05-05T13:43:00"
US Jobless Claims Rise to Highest Level Since February,Initial Jobless Claims,"US Jobless Claims Rise to Highest Level Since FebruaryUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 19 thousand to 200 thousand in the week ended April 30th, 2022, from a revised 181 thousand in the previous period and above the market estimate of 182 thousand. It is the highest reading since mid-February. On a non-seasonally adjusted basis, initial claims decreased by 7,164 from the previous week to 196,962, with notable declines in California (-2,860) and Ohio (-2,609). The 4-week moving average, which removes week-to-week volatility, was 1,417,000, a drop of 3,250 from the previous week's revised average. 2022-05-05T12:39:00"
US Labour Costs Rise More than Expected,Labour Costs,"US Labour Costs Rise More than ExpectedUnited States Labour CostsUnit labor costs in the US nonfarm business sector surged by 11.6 percent in the first quarter of 2022, above market forecasts of a 9.9 percent jump and following an upwardly revised 1 percent gain in the previous period. It reflects a 3.2 percent increase in hourly compensation and a 7.5 percent decrease in productivity. Unit labor costs increased 7.2 percent over the last four quarters, the largest gain since the third quarter of 1982, as hourly compensation increased 6.5 percent while productivity dropped 0.6 percent.
2022-05-05T12:33:00"
Magellan Midstream Partners earnings above expectations at 1.10 USD,Earnings,"Magellan Midstream Partners earnings above expectations at 1.10 USDUnited States EarningsMagellan Midstream Partners (MMP) released earnings per share at 1.10 USD, compared to market expectations of 1.04 USD.2022-05-05T12:24:49.46"
Targa Resources earnings below expectations at 0.94 USD,Earnings,"Targa Resources earnings below expectations at 0.94 USDUnited States EarningsTarga Resources (TRGP) released earnings per share at 0.94 USD, compared to market expectations of 0.98 USD.2022-05-05T12:24:42.857"
Royal Caribbean Cruises earnings below expectations at -4.58 USD,Earnings,"Royal Caribbean Cruises earnings below expectations at -4.58 USDUnited States EarningsRoyal Caribbean Cruises (RCL) released earnings per share at -4.58 USD, compared to market expectations of -4.44 USD.2022-05-05T12:24:36.203"
PPL earnings above expectations at 0.41 USD,Earnings,"PPL earnings above expectations at 0.41 USDUnited States EarningsPPL (PPL) released earnings per share at 0.41 USD, compared to market expectations of 0.40 USD.2022-05-05T12:24:29.723"
Kellogg earnings above expectations at 1.10 USD,Earnings,"Kellogg earnings above expectations at 1.10 USDUnited States EarningsKellogg (K) released earnings per share at 1.10 USD, compared to market expectations of 0.93 USD.2022-05-05T12:24:23.637"
Wayfair Inc. earnings below expectations at -1.96 USD,Earnings,"Wayfair Inc. earnings below expectations at -1.96 USDUnited States EarningsWayfair Inc. (W) released earnings per share at -1.96 USD, compared to market expectations of -1.55 USD.2022-05-05T11:18:10.053"
Evergy Inc earnings above expectations at 0.58 USD,Earnings,"Evergy Inc earnings above expectations at 0.58 USDUnited States EarningsEvergy Inc (EVRG) released earnings per share at 0.58 USD, compared to market expectations of 0.55 USD.2022-05-05T11:17:52.37"
Cardinal Health earnings below expectations at 1.45 USD,Earnings,"Cardinal Health earnings below expectations at 1.45 USDUnited States EarningsCardinal Health (CAH) released earnings per share at 1.45 USD, compared to market expectations of 1.53 USD.2022-05-05T11:17:45.547"
Quanta Services earnings above expectations at 1.37 USD,Earnings,"Quanta Services earnings above expectations at 1.37 USDUnited States EarningsQuanta Services (PWR) released earnings per share at 1.37 USD, compared to market expectations of 1.25 USD.2022-05-05T11:17:38.26"
Trimble Navigation earnings above expectations at 0.73 USD,Earnings,"Trimble Navigation earnings above expectations at 0.73 USDUnited States EarningsTrimble Navigation (TRMB) released earnings per share at 0.73 USD, compared to market expectations of 0.68 USD.2022-05-05T11:17:31.403"
CBRE Group Inc earnings above expectations at 1.39 USD,Earnings,"CBRE Group Inc earnings above expectations at 1.39 USDUnited States EarningsCBRE Group Inc (CBRE) released earnings per share at 1.39 USD, compared to market expectations of 1.08 USD.2022-05-05T11:17:24.487"
Apollo Global Management earnings above expectations at 1.52 USD,Earnings,"Apollo Global Management earnings above expectations at 1.52 USDUnited States EarningsApollo Global Management (APO) released earnings per share at 1.52 USD, compared to market expectations of 1.05 USD.2022-05-05T11:17:10.64"
Sempra Energy earnings above expectations at 2.91 USD,Earnings,"Sempra Energy earnings above expectations at 2.91 USDUnited States EarningsSempra Energy (SRE) released earnings per share at 2.91 USD, compared to market expectations of 2.71 USD.2022-05-05T11:16:56.437"
Zoetis earnings above expectations at 1.32 USD,Earnings,"Zoetis earnings above expectations at 1.32 USDUnited States EarningsZoetis (ZTS) released earnings per share at 1.32 USD, compared to market expectations of 1.23 USD.2022-05-05T11:16:47.617"
ConocoPhillips earnings above expectations at 3.27 USD,Earnings,"ConocoPhillips earnings above expectations at 3.27 USDUnited States EarningsConocoPhillips (COP) released earnings per share at 3.27 USD, compared to market expectations of 3.14 USD.2022-05-05T11:16:40.653"
Lamar Advertising earnings above expectations at 0.91 USD,Earnings,"Lamar Advertising earnings above expectations at 0.91 USDUnited States EarningsLamar Advertising (LAMR) released earnings per share at 0.91 USD, compared to market expectations of 0.72 USD.2022-05-05T10:46:21.857"
WESTROCK earnings above expectations at 1.17 USD,Earnings,"WESTROCK earnings above expectations at 1.17 USDUnited States EarningsWESTROCK (WRK) released earnings per share at 1.17 USD, compared to market expectations of 1.01 USD.2022-05-05T10:46:15.257"
"Becton, Dickinson and Co. earnings above expectations at 3.18 USD",Earnings,"Becton, Dickinson and Co. earnings above expectations at 3.18 USDUnited States EarningsBecton, Dickinson and Co. (BDX) released earnings per share at 3.18 USD, compared to market expectations of 2.93 USD.2022-05-05T10:45:55.623"
EPAM Systems earnings above expectations at 2.49 USD,Earnings,"EPAM Systems earnings above expectations at 2.49 USDUnited States EarningsEPAM Systems (EPAM) released earnings per share at 2.49 USD, compared to market expectations of 1.85 USD.2022-05-05T10:21:03"
Ball earnings below expectations at 0.77 USD,Earnings,"Ball earnings below expectations at 0.77 USDUnited States EarningsBall (BLL) released earnings per share at 0.77 USD, compared to market expectations of 0.82 USD.2022-05-05T10:20:54.247"
Air Products & Chemicals earnings above expectations at 2.38 USD,Earnings,"Air Products & Chemicals earnings above expectations at 2.38 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.38 USD, compared to market expectations of 2.35 USD.2022-05-05T10:20:39.707"
Dollar Weakens as Fed Nixes Hawkish Hopes,Currency,"Dollar Weakens as Fed Nixes Hawkish HopesUnited States CurrencyThe dollar index traded around 102.5 on Thursday after falling nearly 1% in the previous session, as the Federal Reserve raised interest rates by a widely expected half-percentage point but nixed expectations for even larger rate hikes ahead. The central bank increased its benchmark interest rate by 50 basis points, the largest since 2000, and Fed Chair Jerome Powell said that similar moves were on the table for June and July. Meanwhile, he clarified that the Fed is “not actively considering” a larger, 75 basis point rate hike. The dollar depreciated the most against antipodean currencies after the Fed announcement as investors dialed back bets on outsized US interest rate hikes. Investors also assessed economic risks stemming from the Fed’s battle against surging inflation, denting haven demand for the greenback.2022-05-05T06:23:19.7"
US New Light-Vehicle Sales Improves in April,Total Vehicle Sales,"US New Light-Vehicle Sales Improves in AprilUnited States Total Vehicle SalesNew light-vehicle sales in the United States increased to 14.3 million units on a seasonally adjusted basis in April 2022 from the previous month’s sales of 13.3 million units. However, April 2022’s sales was down 21.9% compared to the stellar sales pace seen in April 2021 which was driven by strong consumer demand and enough inventory available to meet that demand. April 2021 was one of the last sales months before inventory began to decline significantly and limit the sales pace. “We don’t expect that April’s month-end inventory level will change much from March’s level of 1.23 million units as the industry is still unable to produce enough vehicles to meet current demand, let alone restock dealer lots,” NADA said in a monthly report. “For the rest of the year vehicle availability will continue to be the principal limiting factor for new light-vehicle sales. Our forecast for sales in all of 2022 remains unchanged at 15.4 million units,” it added.2022-05-05T00:20:12.237"
Texas Pacific Land earnings below expectations at 12.64 USD,Earnings,"Texas Pacific Land earnings below expectations at 12.64 USDUnited States EarningsTexas Pacific Land (TPL) released earnings per share at 12.64 USD, compared to market expectations of 14.30 USD.2022-05-04T22:21:18.02"
American Financial earnings above expectations at 3.56 USD,Earnings,"American Financial earnings above expectations at 3.56 USDUnited States EarningsAmerican Financial (AFG) released earnings per share at 3.56 USD, compared to market expectations of 2.45 USD.2022-05-04T21:57:07.973"
Apache earnings below expectations at 1.92 USD,Earnings,"Apache earnings below expectations at 1.92 USDUnited States EarningsApache (APA) released earnings per share at 1.92 USD, compared to market expectations of 2.21 USD.2022-05-04T21:35:56.367"
Atmos Energy earnings above expectations at 2.37 USD,Earnings,"Atmos Energy earnings above expectations at 2.37 USDUnited States EarningsAtmos Energy (ATO) released earnings per share at 2.37 USD, compared to market expectations of 2.34 USD.2022-05-04T21:05:04.7"
Realty Income earnings below expectations at 0.34 USD,Earnings,"Realty Income earnings below expectations at 0.34 USDUnited States EarningsRealty Income (O) released earnings per share at 0.34 USD, compared to market expectations of 0.42 USD.2022-05-04T21:04:40.083"
Corteva Inc earnings above expectations at 0.97 USD,Earnings,"Corteva Inc earnings above expectations at 0.97 USDUnited States EarningsCorteva Inc (CTVA) released earnings per share at 0.97 USD, compared to market expectations of 0.82 USD.2022-05-04T21:04:33.447"
Allstate earnings below expectations at 2.58 USD,Earnings,"Allstate earnings below expectations at 2.58 USDUnited States EarningsAllstate (ALL) released earnings per share at 2.58 USD, compared to market expectations of 2.79 USD.2022-05-04T21:00:33.783"
Host Hotels & Resorts earnings above expectations at 0.39 USD,Earnings,"Host Hotels & Resorts earnings above expectations at 0.39 USDUnited States EarningsHost Hotels & Resorts (HST) released earnings per share at 0.39 USD, compared to market expectations of 0.26 USD.2022-05-04T20:50:48.047"
Eversource Energy earnings above expectations at 1.30 USD,Earnings,"Eversource Energy earnings above expectations at 1.30 USDUnited States EarningsEversource Energy (ES) released earnings per share at 1.30 USD, compared to market expectations of 1.22 USD.2022-05-04T20:50:27.973"
Marathon Oil earnings above expectations at 1.02 USD,Earnings,"Marathon Oil earnings above expectations at 1.02 USDUnited States EarningsMarathon Oil (MRO) released earnings per share at 1.02 USD, compared to market expectations of 0.98 USD.2022-05-04T20:49:51.447"
Lincoln National earnings below expectations at 1.66 USD,Earnings,"Lincoln National earnings below expectations at 1.66 USDUnited States EarningsLincoln National (LNC) released earnings per share at 1.66 USD, compared to market expectations of 1.82 USD.2022-05-04T20:35:32.98"
ETSY Inc earnings above expectations at 0.60 USD,Earnings,"ETSY Inc earnings above expectations at 0.60 USDUnited States EarningsETSY Inc (ETSY) released earnings per share at 0.60 USD, compared to market expectations of 0.57 USD.2022-05-04T20:35:20.52"
CF Industries earnings below expectations at 4.21 USD,Earnings,"CF Industries earnings below expectations at 4.21 USDUnited States EarningsCF Industries (CF) released earnings per share at 4.21 USD, compared to market expectations of 4.31 USD.2022-05-04T20:35:03.957"
Continental Resources earnings above expectations at 2.65 USD,Earnings,"Continental Resources earnings above expectations at 2.65 USDUnited States EarningsContinental Resources (CLR) released earnings per share at 2.65 USD, compared to market expectations of 2.43 USD.2022-05-04T20:34:57.15"
Ansys earnings above expectations at 1.36 USD,Earnings,"Ansys earnings above expectations at 1.36 USDUnited States EarningsAnsys (ANSS) released earnings per share at 1.36 USD, compared to market expectations of 1.16 USD.2022-05-04T20:34:50.533"
Albemarle earnings above expectations at 2.38 USD,Earnings,"Albemarle earnings above expectations at 2.38 USDUnited States EarningsAlbemarle (ALB) released earnings per share at 2.38 USD, compared to market expectations of 1.63 USD.2022-05-04T20:34:44.047"
Fortinet earnings above expectations at 0.94 USD,Earnings,"Fortinet earnings above expectations at 0.94 USDUnited States EarningsFortinet (FTNT) released earnings per share at 0.94 USD, compared to market expectations of 0.80 USD.2022-05-04T20:34:23.473"
MetLife earnings above expectations at 2.08 USD,Earnings,"MetLife earnings above expectations at 2.08 USDUnited States EarningsMetLife (MET) released earnings per share at 2.08 USD, compared to market expectations of 1.65 USD.2022-05-04T20:34:16.907"
Pioneer Natural Resources earnings above expectations at 7.74 USD,Earnings,"Pioneer Natural Resources earnings above expectations at 7.74 USDUnited States EarningsPioneer Natural Resources (PXD) released earnings per share at 7.74 USD, compared to market expectations of 7.21 USD.2022-05-04T20:34:05.947"
Booking Holdings Inc earnings above expectations at 3.90 USD,Earnings,"Booking Holdings Inc earnings above expectations at 3.90 USDUnited States EarningsBooking Holdings Inc (BKNG) released earnings per share at 3.90 USD, compared to market expectations of 0.88 USD.2022-05-04T20:33:59.263"
eBay earnings above expectations at 1.05 USD,Earnings,"eBay earnings above expectations at 1.05 USDUnited States EarningseBay (EBAY) released earnings per share at 1.05 USD, compared to market expectations of 1.03 USD.2022-05-04T20:27:26.003"
Qorvo earnings above expectations at 3.12 USD,Earnings,"Qorvo earnings above expectations at 3.12 USDUnited States EarningsQorvo (QRVO) released earnings per share at 3.12 USD, compared to market expectations of 2.94 USD.2022-05-04T20:16:34.407"
Cognizant Technology Solutions earnings above expectations at 1.08 USD,Earnings,"Cognizant Technology Solutions earnings above expectations at 1.08 USDUnited States EarningsCognizant Technology Solutions (CTSH) released earnings per share at 1.08 USD, compared to market expectations of 1.04 USD.2022-05-04T20:16:28.347"
Dow Jones above 34000,stock market,Dow Jones above 34000United States stock marketDow Jones rose above 34000 points.2022-05-04T19:32:34.353
US 10-Year Treasury Yield Fluctuates,Government Bond 10Y,"US 10-Year Treasury Yield FluctuatesUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note fluctuated around the 2.97% level, remaining close to its highest since December 2018, after the Federal Reserve delivered its biggest rate hike since May 2000. The central bank raised the target for the fed funds rate by half a point to 0.75%-1% and confirmed it will begin reducing its asset holdings on its $9 trillion balance sheet on June 1st, as expected. Fed Chair Powell said during the press conference that the labour market is extremely tight and inflation is much too high, while the economy proved resilient in the past two years. He added that a 50bps rate hike is on the table for the next two meetings and a 75bps rate hike is not something policymakers are considering.2022-05-04T18:16:00"
DXY Falls after Fed,Currency,"DXY Falls after Fed United States CurrencyThe dollar index fell to below 103 on Wednesday, in a market's dovish reaction to the latest Federal Reserve decision. The Federal Reserve raised the target for the fed funds rate by half a point to 0.75%-1% and indicated it will begin reducing asset holdings on its $9 trillion balance sheet on June 1st as expected. Fed Chair Powell said during the press conference that the labour market is extremely tight and inflation is much too high, while the economy proved resilient in the past two years. He added that a 50bps rate hike is on the table for the next two meetings and a 75bps rate hike is not something policymakers are considering.2022-05-04T18:08:00"
US Stocks Struggle for Direction Ahead Fed,Stock Market,"US Stocks Struggle for Direction Ahead FedUnited States Stock MarketUS stocks fluctuated between gains and losses on Wednesday, ahead of the US Federal Reserve's announcement. Markets priced in a 50bps interest rate hike, the sharpest hike since 2020, and anticipated the start of a reduction in the US central bank's balance sheet as it ramps up its fight to tame inflation rising at the fastest pace in 40 years. Meanwhile, another slew of upbeat earnings reports kept sentiment alive on Wall Street. AMD rose over 2% following the chipmaker's prediction of higher-than-expected full-year and second-quarter revenue, and Starbucks also gained more than 5% after posting upbeat quarterly revenue. On the flip side, Lyft plummeted over 30% after the ridesharing company cut its guidance.2022-05-04T17:42:00"
US Crude Inventories Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 1.302 million barrels in the week ended April 29th, following a 0.692 million increase in the previous period and compared to market expectations for a 0.829 million drop. Crude stocks at the Cushing, Oklahoma, increased by 1.379 million barrels. Meanwhile, gasoline stocks fell by 2.23 million barrels, more than forecasts of a 0.589 million decline; and distillate stockpiles which include diesel and heating oil tumbled by 2.344 million barrels, above expectations for a 1.341 million fall. 2022-05-04T14:35:52.363"
US Composite PMI Points to Strong Private Sector Growth: S&P Global,Composite PMI,"US Composite PMI Points to Strong Private Sector Growth: S&P GlobalUnited States Composite PMIThe S&P Gobal US Composite PMI was revised higher to 56 in April of 2022 from a preliminary of 55.1, but below 57.7 in March. Although slightly slower than the upturn at the end of Q1, the rise in overall output was sharp overall. A faster expansion in manufacturing production (59.2 vs 58.8) was offset by softer service growth (55.6 vs 58). Similarly, the overall expansion in new business eased following a slower upturn in service sector new orders. Nonetheless, the rise in new sales was sharp as domestic and foreign client demand strengthened. New export orders rose at the fastest pace since May 2021. Meanwhile, inflationary pressures intensified further and both input prices and output charges increased at the sharpest rates on record due to material and labor shortages and greater transportation costs. Although firms registered a further rise in employment, labor shortages continued to be highlighted. As a result, backlogs of work grew at a sharp pace.2022-05-04T13:57:47.557"
US Services PMI Revised Higher: S&P Global,Services PMI,"US Services PMI Revised Higher: S&P GlobalUnited States Services PMIThe S&P Global US Services PMI was revised higher to 55.6 in April of 2022 from a preliminary of 54.7, pointing to a steep expansion in services activity. Demand conditions remained strong and sparked the fastest rise in employment for a year as backlogs mounted at a near-record pace. On the other hand, the rate of output growth eased to the slowest for three months, but was sharp overall. Similarly, higher selling prices weighed on client spending as the pace of new business expansion softened. Meanwhile, input and labor shortages pushed up cost burdens to the greatest extent on record. In response, firms raised their output charges notably and at the sharpest pace since data collection began in October 2009. Concerns regarding inflation weighed on business confidence, which slipped to the lowest in six months. 2022-05-04T13:52:48.95"
US Trade Gap Jumps to Fresh Record,Balance of Trade,"US Trade Gap Jumps to Fresh RecordUnited States Balance of TradeThe US trade deficit widened sharply to a record high of $109.8 billion in March of 2022, as a broad-based rise in prices, especially for energy lifted imports by 10.3% to a new record high of $351.5 billion. Oil import prices jumped to $87.2 billion a barrel in March compared to $76.37 in the previous month. Also, sharp increases were seen in purchases of finished metal shapes, crude oil, cotton apparel and household goods, footwear, furniture, computers, passenger cars, transport and travel. Exports also reached a new record of $241.7 billion but increased 5.6%, much less than imports. Shipments rose mainly for crude oil, fuel oil, natural gas liquids, autos and parts, transport and travel. Based on not seasonally adjusted data, the trade deficit with China increased to $34 billion from $30.7 billion in February and with Russia, the gap widened to $2.6 billion from $2.1 billion. 2022-05-04T12:38:00"
US Exports Hit Another Record High,Exports,"US Exports Hit Another Record HighUnited States ExportsExports from the United States increased by 5.6 percent or USD 12.9 billion from the previous month to USD 241.7 billion in March of 2022, the highest since the series began in 1950. Exports of goods increased by USD 11.6 billion to USD 170.7 billion, driven by industrial supplies and materials (USD 7.4 billion), mainly other petroleum products (USD 2 billion) and crude oil (USD 1.7 billion). Also, sales of automotive vehicles, parts, and engines went up by USD 1.0 billion. Meantime, services exports increased by USD 1.2 billion to USD 71.1 billion, led by transport (USD 0.5 billion). 2022-05-04T12:34:00"
US Imports Jump 10.3% to Fresh Record,Imports,"US Imports Jump 10.3% to Fresh RecordUnited States ImportsImports to the United States increased 10.3 percent, or USD 32.9 billion, to a new record high of USD 351.5 billion in March 2022. Purchases of goods rose by 32 billion to USD 298.8 billion due to industrial supplies and materials (+USD 11.3 billion), mainly finished metal shapes (+USD 6.8 billion), and crude oil (+USD 1.2 billion). Imports of consumer goods increased by USD 10 billion while those of capital goods rose by USD 5.2 billion. Also, purchases of automotive vehicles, parts, and engines went up by USD 3.2 billion. Meantime, services imports increased by USD 0.9 billion to USD 52.7 billion, led by transport (+USD 1.2 billion).
2022-05-04T12:33:00"
Bio Techne earnings above expectations at 2.14 USD,Earnings,"Bio Techne earnings above expectations at 2.14 USDUnited States EarningsBio Techne (TECH) released earnings per share at 2.14 USD, compared to market expectations of 2.00 USD.2022-05-04T12:15:53.12"
NiSource earnings below expectations at 0.75 USD,Earnings,"NiSource earnings below expectations at 0.75 USDUnited States EarningsNiSource (NI) released earnings per share at 0.75 USD, compared to market expectations of 0.76 USD.2022-05-04T12:15:05.577"
Xylem earnings above expectations at 0.47 USD,Earnings,"Xylem earnings above expectations at 0.47 USDUnited States EarningsXylem (XYL) released earnings per share at 0.47 USD, compared to market expectations of 0.42 USD.2022-05-04T12:14:23.72"
AmerisourceBergen earnings above expectations at 3.22 USD,Earnings,"AmerisourceBergen earnings above expectations at 3.22 USDUnited States EarningsAmerisourceBergen (ABC) released earnings per share at 3.22 USD, compared to market expectations of 2.99 USD.2022-05-04T12:14:10.6"
Johnson Controls earnings meet market expectations at 0.63 USD,Earnings,"Johnson Controls earnings meet market expectations at 0.63 USDUnited States EarningsJohnson Controls (JCI) released earnings per share at 0.63 USD, in line with market expectations.2022-05-04T12:13:42.663"
Cheniere Energy Partners Cqp earnings above expectations at 0.73 USD,Earnings,"Cheniere Energy Partners Cqp earnings above expectations at 0.73 USDUnited States EarningsCheniere Energy Partners Cqp (CQP) released earnings per share at 0.73 USD, compared to market expectations of 0.72 USD.2022-05-04T12:13:28.067"
Idexx Laboratories earnings above expectations at 2.27 USD,Earnings,"Idexx Laboratories earnings above expectations at 2.27 USDUnited States EarningsIdexx Laboratories (IDXX) released earnings per share at 2.27 USD, compared to market expectations of 2.25 USD.2022-05-04T12:13:00.467"
CDW earnings above expectations at 2.20 USD,Earnings,"CDW earnings above expectations at 2.20 USDUnited States EarningsCDW (CDW) released earnings per share at 2.20 USD, compared to market expectations of 2.00 USD.2022-05-04T12:12:41.417"
Yum Brands earnings below expectations at 1.05 USD,Earnings,"Yum Brands earnings below expectations at 1.05 USDUnited States EarningsYum Brands (YUM) released earnings per share at 1.05 USD, compared to market expectations of 1.07 USD.2022-05-04T12:12:28.943"
Emerson Electric earnings above expectations at 1.29 USD,Earnings,"Emerson Electric earnings above expectations at 1.29 USDUnited States EarningsEmerson Electric (EMR) released earnings per share at 1.29 USD, compared to market expectations of 1.18 USD.2022-05-04T12:11:58.53"
Regeneron Pharmaceuticals earnings above expectations at 11.49 USD,Earnings,"Regeneron Pharmaceuticals earnings above expectations at 11.49 USDUnited States EarningsRegeneron Pharmaceuticals (REGN) released earnings per share at 11.49 USD, compared to market expectations of 9.37 USD.2022-05-04T12:11:51.88"
CVS Health earnings above expectations at 2.22 USD,Earnings,"CVS Health earnings above expectations at 2.22 USDUnited States EarningsCVS Health (CVS) released earnings per share at 2.22 USD, compared to market expectations of 2.14 USD.2022-05-04T12:11:21.03"
Generac earnings above expectations at 2.09 USD,Earnings,"Generac earnings above expectations at 2.09 USDUnited States EarningsGenerac (GNRC) released earnings per share at 2.09 USD, compared to market expectations of 1.92 USD.2022-05-04T11:55:45.177"
Charles River Laboratories earnings above expectations at 2.75 USD,Earnings,"Charles River Laboratories earnings above expectations at 2.75 USDUnited States EarningsCharles River Laboratories (CRL) released earnings per share at 2.75 USD, compared to market expectations of 2.72 USD.2022-05-04T11:48:12.55"
Vulcan Materials earnings above expectations at 0.73 USD,Earnings,"Vulcan Materials earnings above expectations at 0.73 USDUnited States EarningsVulcan Materials (VMC) released earnings per share at 0.73 USD, compared to market expectations of 0.61 USD.2022-05-04T11:47:59.453"
Cheniere Energy earnings below expectations at -3.41 USD,Earnings,"Cheniere Energy earnings below expectations at -3.41 USDUnited States EarningsCheniere Energy (LNG) released earnings per share at -3.41 USD, compared to market expectations of 3.33 USD.2022-05-04T11:47:52.913"
Uber earnings below expectations at -3.04 USD,Earnings,"Uber earnings below expectations at -3.04 USDUnited States EarningsUber (UBER) released earnings per share at -3.04 USD, compared to market expectations of -0.27 USD.2022-05-04T11:47:46.9"
Mortgage Applications Rise for 1st Time in 2 Months: MBA,Mortgage Applications,"Mortgage Applications Rise for 1st Time in 2 Months: MBAUnited States Mortgage ApplicationsMortgage applications in the US increased 2.5% in the week ending April 29th, the first rise in two months, as the interest rate surge briefly paused, data from the MBA showed. The purchase index surged 4.1% and the refinance one edged higher 0.2% while the average contract rate on a 30-year fixed-rate mortgage fell 1bps to 5.36%. Still, Treasury yields and interest rates already resumed the climb in the first week of May. “The purchase market remains challenged by low levels of housing inventory and rapid home-price gains, as well as the affordability hit from higher mortgage rates that are forcing prospective buyers to factor in higher monthly payments"", said Joel Kan, an MBA economist.2022-05-04T11:18:00"
Marriott International earnings above expectations at 1.25 USD,Earnings,"Marriott International earnings above expectations at 1.25 USDUnited States EarningsMarriott International (MAR) released earnings per share at 1.25 USD, compared to market expectations of 0.91 USD.2022-05-04T11:17:18.11"
Moderna Inc earnings above expectations at 8.58 USD,Earnings,"Moderna Inc earnings above expectations at 8.58 USDUnited States EarningsModerna Inc (MRNA) released earnings per share at 8.58 USD, compared to market expectations of 5.74 USD.2022-05-04T11:17:08.187"
AIG earnings above expectations at 1.30 USD,Earnings,"AIG earnings above expectations at 1.30 USDUnited States EarningsAIG (AIG) released earnings per share at 1.30 USD, compared to market expectations of 1.24 USD.2022-05-03T22:10:56.48"
Lyft Inc earnings above expectations at 0.07 USD,Earnings,"Lyft Inc earnings above expectations at 0.07 USDUnited States EarningsLyft Inc (LYFT) released earnings per share at 0.07 USD, compared to market expectations of -0.07 USD.2022-05-03T21:40:09.6"
Match Group earnings above expectations at 0.74 USD,Earnings,"Match Group earnings above expectations at 0.74 USDUnited States EarningsMatch Group (MTCH) released earnings per share at 0.74 USD, compared to market expectations of 0.66 USD.2022-05-03T21:15:35.53"
Jack Henry Associates earnings above expectations at 1.16 USD,Earnings,"Jack Henry Associates earnings above expectations at 1.16 USDUnited States EarningsJack Henry Associates (JKHY) released earnings per share at 1.16 USD, compared to market expectations of 1.06 USD.2022-05-03T20:53:52.037"
Prudential Financial earnings above expectations at 3.17 USD,Earnings,"Prudential Financial earnings above expectations at 3.17 USDUnited States EarningsPrudential Financial (PRU) released earnings per share at 3.17 USD, compared to market expectations of 2.67 USD.2022-05-03T20:53:20.213"
Healthpeak Properties Inc earnings above expectations at 0.43 USD,Earnings,"Healthpeak Properties Inc earnings above expectations at 0.43 USDUnited States EarningsHealthpeak Properties Inc (PEAK) released earnings per share at 0.43 USD, compared to market expectations of 0.42 USD.2022-05-03T20:43:45.483"
Waste Connections earnings below expectations at 0.82 USD,Earnings,"Waste Connections earnings below expectations at 0.82 USDUnited States EarningsWaste Connections (WCN) released earnings per share at 0.82 USD, compared to market expectations of 0.83 USD.2022-05-03T20:43:18.617"
Edison International earnings above expectations at 1.07 USD,Earnings,"Edison International earnings above expectations at 1.07 USDUnited States EarningsEdison International (EIX) released earnings per share at 1.07 USD, compared to market expectations of 0.74 USD.2022-05-03T20:42:43.817"
ONEOK earnings below expectations at 0.87 USD,Earnings,"ONEOK earnings below expectations at 0.87 USDUnited States EarningsONEOK (OKE) released earnings per share at 0.87 USD, compared to market expectations of 0.89 USD.2022-05-03T20:42:30.557"
Paycom Software earnings above expectations at 1.90 USD,Earnings,"Paycom Software earnings above expectations at 1.90 USDUnited States EarningsPaycom Software (PAYC) released earnings per share at 1.90 USD, compared to market expectations of 1.76 USD.2022-05-03T20:42:23.03"
Southern Copper earnings below expectations at 1.02 USD,Earnings,"Southern Copper earnings below expectations at 1.02 USDUnited States EarningsSouthern Copper (SCCO) released earnings per share at 1.02 USD, compared to market expectations of 1.09 USD.2022-05-03T20:39:54.13"
US Crude Oil Inventories Fall More than Expected: API,API Crude Oil Stock Change,"US Crude Oil Inventories Fall More than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States declined 3.479 million barrels in the week ended April 29th, 2022, after a 4.78 million barrels rise in the previous week and compared to market expectations of a 1.167 million fall, data from the American Petroleum Institute showed. 2022-05-03T20:35:13.427"
Regency Centers earnings above expectations at 1.03 USD,Earnings,"Regency Centers earnings above expectations at 1.03 USDUnited States EarningsRegency Centers (REG) released earnings per share at 1.03 USD, compared to market expectations of 0.93 USD.2022-05-03T20:31:51.777"
PerkinElmer earnings above expectations at 2.41 USD,Earnings,"PerkinElmer earnings above expectations at 2.41 USDUnited States EarningsPerkinElmer (PKI) released earnings per share at 2.41 USD, compared to market expectations of 2.08 USD.2022-05-03T20:31:45.147"
Extra Space Storage earnings above expectations at 2.01 USD,Earnings,"Extra Space Storage earnings above expectations at 2.01 USDUnited States EarningsExtra Space Storage (EXR) released earnings per share at 2.01 USD, compared to market expectations of 1.86 USD.2022-05-03T20:31:38.43"
Verisk Analytics earnings below expectations at 1.34 USD,Earnings,"Verisk Analytics earnings below expectations at 1.34 USDUnited States EarningsVerisk Analytics (VRSK) released earnings per share at 1.34 USD, compared to market expectations of 1.39 USD.2022-05-03T20:31:29.713"
Starbucks earnings below expectations at 0.59 USD,Earnings,"Starbucks earnings below expectations at 0.59 USDUnited States EarningsStarbucks (SBUX) released earnings per share at 0.59 USD, compared to market expectations of 0.60 USD.2022-05-03T20:31:23.1"
Advanced Micro Devices earnings above expectations at 1.13 USD,Earnings,"Advanced Micro Devices earnings above expectations at 1.13 USDUnited States EarningsAdvanced Micro Devices (AMD) released earnings per share at 1.13 USD, compared to market expectations of 0.91 USD.2022-05-03T20:31:16.573"
Public Storage earnings above expectations at 3.65 USD,Earnings,"Public Storage earnings above expectations at 3.65 USDUnited States EarningsPublic Storage (PSA) released earnings per share at 3.65 USD, compared to market expectations of 3.59 USD.2022-05-03T20:20:32.47"
Caesars Entertainment earnings above expectations at -2.11 USD,Earnings,"Caesars Entertainment earnings above expectations at -2.11 USDUnited States EarningsCaesars Entertainment (CZR) released earnings per share at -2.11 USD, compared to market expectations of -2.15 USD.2022-05-03T20:20:19.417"
Akamai earnings below expectations at 1.39 USD,Earnings,"Akamai earnings below expectations at 1.39 USDUnited States EarningsAkamai (AKAM) released earnings per share at 1.39 USD, compared to market expectations of 1.42 USD.2022-05-03T20:20:12.807"
Skyworks Solutions earnings above expectations at 2.63 USD,Earnings,"Skyworks Solutions earnings above expectations at 2.63 USDUnited States EarningsSkyworks Solutions (SWKS) released earnings per share at 2.63 USD, compared to market expectations of 2.62 USD.2022-05-03T20:20:05.31"
Cerner earnings meet market expectations at 0.89 USD,Earnings,"Cerner earnings meet market expectations at 0.89 USDUnited States EarningsCerner (CERN) released earnings per share at 0.89 USD, in line with market expectations.2022-05-03T13:21:12.98"
Expeditors International Of Washington earnings above expectations at 2.05 USD,Earnings,"Expeditors International Of Washington earnings above expectations at 2.05 USDUnited States EarningsExpeditors International Of Washington (EXPD) released earnings per share at 2.05 USD, compared to market expectations of 1.77 USD.2022-05-03T12:48:21.46"
Franklin Resources earnings above expectations at 0.96 USD,Earnings,"Franklin Resources earnings above expectations at 0.96 USDUnited States EarningsFranklin Resources (BEN) released earnings per share at 0.96 USD, compared to market expectations of 0.79 USD.2022-05-03T12:48:14.577"
Thomson Reuters earnings above expectations at 0.85 CAD,Earnings,"Thomson Reuters earnings above expectations at 0.85 CADUnited States EarningsThomson Reuters (TRI) released earnings per share at 0.85 CAD, compared to market expectations of 0.76 CAD.2022-05-03T12:28:34.097"
DuPont earnings above expectations at 0.82 USD,Earnings,"DuPont earnings above expectations at 0.82 USDUnited States EarningsDuPont (DD) released earnings per share at 0.82 USD, compared to market expectations of 0.67 USD.2022-05-03T12:20:16.72"
Hilton Worldwide earnings above expectations at 0.71 USD,Earnings,"Hilton Worldwide earnings above expectations at 0.71 USDUnited States EarningsHilton Worldwide (HLT) released earnings per share at 0.71 USD, compared to market expectations of 0.60 USD.2022-05-03T12:19:48.353"
Gartner earnings above expectations at 2.33 USD,Earnings,"Gartner earnings above expectations at 2.33 USDUnited States EarningsGartner (IT) released earnings per share at 2.33 USD, compared to market expectations of 1.89 USD.2022-05-03T12:19:41.77"
CMS Energy Corporation earnings above expectations at 1.20 USD,Earnings,"CMS Energy Corporation earnings above expectations at 1.20 USDUnited States EarningsCMS Energy Corporation (CMS) released earnings per share at 1.20 USD, compared to market expectations of 1.13 USD.2022-05-03T12:17:52.073"
Illinois Tool Works earnings above expectations at 2.11 USD,Earnings,"Illinois Tool Works earnings above expectations at 2.11 USDUnited States EarningsIllinois Tool Works (ITW) released earnings per share at 2.11 USD, compared to market expectations of 2.07 USD.2022-05-03T12:16:23.797"
Cummins earnings below expectations at 2.92 USD,Earnings,"Cummins earnings below expectations at 2.92 USDUnited States EarningsCummins (CMI) released earnings per share at 2.92 USD, compared to market expectations of 3.55 USD.2022-05-03T11:48:26.617"
Public Service earnings above expectations at 1.33 USD,Earnings,"Public Service earnings above expectations at 1.33 USDUnited States EarningsPublic Service (PEG) released earnings per share at 1.33 USD, compared to market expectations of 1.12 USD.2022-05-03T11:48:20.06"
Molson Coors Brewing earnings above expectations at 0.29 USD,Earnings,"Molson Coors Brewing earnings above expectations at 0.29 USDUnited States EarningsMolson Coors Brewing (TAP) released earnings per share at 0.29 USD, compared to market expectations of 0.19 USD.2022-05-03T11:19:13.987"
Howmet Aerospace Inc earnings above expectations at 0.31 USD,Earnings,"Howmet Aerospace Inc earnings above expectations at 0.31 USDUnited States EarningsHowmet Aerospace Inc (HWM) released earnings per share at 0.31 USD, compared to market expectations of 0.30 USD.2022-05-03T11:19:06.567"
Catalent earnings below expectations at 0.82 USD,Earnings,"Catalent earnings below expectations at 0.82 USDUnited States EarningsCatalent (CTLT) released earnings per share at 0.82 USD, compared to market expectations of 0.94 USD.2022-05-03T11:18:59.487"
Westlake Chemical earnings above expectations at 5.83 USD,Earnings,"Westlake Chemical earnings above expectations at 5.83 USDUnited States EarningsWestlake Chemical (WLK) released earnings per share at 5.83 USD, compared to market expectations of 4.70 USD.2022-05-03T11:18:52.467"
Broadridge Financial Solutions earnings above expectations at 1.93 USD,Earnings,"Broadridge Financial Solutions earnings above expectations at 1.93 USDUnited States EarningsBroadridge Financial Solutions (BR) released earnings per share at 1.93 USD, compared to market expectations of 1.83 USD.2022-05-03T11:18:45.703"
Incyte Corp earnings above expectations at 0.55 USD,Earnings,"Incyte Corp earnings above expectations at 0.55 USDUnited States EarningsIncyte Corp (INCY) released earnings per share at 0.55 USD, compared to market expectations of 0.46 USD.2022-05-03T11:18:38.737"
Waters earnings above expectations at 2.80 USD,Earnings,"Waters earnings above expectations at 2.80 USDUnited States EarningsWaters (WAT) released earnings per share at 2.80 USD, compared to market expectations of 2.33 USD.2022-05-03T11:18:31.753"
Martin Marietta Materials earnings below expectations at 0.39 USD,Earnings,"Martin Marietta Materials earnings below expectations at 0.39 USDUnited States EarningsMartin Marietta Materials (MLM) released earnings per share at 0.39 USD, compared to market expectations of 0.66 USD.2022-05-03T11:18:22.833"
Rockwell Automation earnings below expectations at 1.66 USD,Earnings,"Rockwell Automation earnings below expectations at 1.66 USDUnited States EarningsRockwell Automation (ROK) released earnings per share at 1.66 USD, compared to market expectations of 2.27 USD.2022-05-03T11:18:16.003"
Ametek earnings above expectations at 1.33 USD,Earnings,"Ametek earnings above expectations at 1.33 USDUnited States EarningsAmetek (AME) released earnings per share at 1.33 USD, compared to market expectations of 1.27 USD.2022-05-03T11:18:07.893"
Biogen earnings below expectations at 3.62 USD,Earnings,"Biogen earnings below expectations at 3.62 USDUnited States EarningsBiogen (BIIB) released earnings per share at 3.62 USD, compared to market expectations of 4.34 USD.2022-05-03T11:18:00.88"
MPLX earnings above expectations at 0.78 USD,Earnings,"MPLX earnings above expectations at 0.78 USDUnited States EarningsMPLX (MPLX) released earnings per share at 0.78 USD, compared to market expectations of 0.76 USD.2022-05-03T11:17:53.85"
KKR & Co LP earnings above expectations at 1.10 USD,Earnings,"KKR & Co LP earnings above expectations at 1.10 USDUnited States EarningsKKR & Co LP (KKR) released earnings per share at 1.10 USD, compared to market expectations of 0.98 USD.2022-05-03T11:17:47.027"
Fidelity National Information Services earnings above expectations at 1.47 USD,Earnings,"Fidelity National Information Services earnings above expectations at 1.47 USDUnited States EarningsFidelity National Information Services (FIS) released earnings per share at 1.47 USD, compared to market expectations of 1.46 USD.2022-05-03T11:17:40.34"
Estée Lauder earnings above expectations at 1.90 USD,Earnings,"Estée Lauder earnings above expectations at 1.90 USDUnited States EarningsEstée Lauder (EL) released earnings per share at 1.90 USD, compared to market expectations of 1.67 USD.2022-05-03T11:17:33.017"
S&P Global Inc earnings below expectations at 2.89 USD,Earnings,"S&P Global Inc earnings below expectations at 2.89 USDUnited States EarningsS&P Global Inc (SPGI) released earnings per share at 2.89 USD, compared to market expectations of 2.99 USD.2022-05-03T11:17:26.317"
Pfizer earnings above expectations at 1.62 USD,Earnings,"Pfizer earnings above expectations at 1.62 USDUnited States EarningsPfizer (PFE) released earnings per share at 1.62 USD, compared to market expectations of 1.52 USD.2022-05-03T11:17:19.573"
Henry Schein earnings above expectations at 1.24 USD,Earnings,"Henry Schein earnings above expectations at 1.24 USDUnited States EarningsHenry Schein (HSIC) released earnings per share at 1.24 USD, compared to market expectations of 1.18 USD.2022-05-03T10:47:07.667"
Leidos earnings below expectations at 1.42 USD,Earnings,"Leidos earnings below expectations at 1.42 USDUnited States EarningsLeidos (LDOS) released earnings per share at 1.42 USD, compared to market expectations of 1.50 USD.2022-05-03T10:47:01.187"
Jacobs Engineering Group Inc earnings above expectations at 1.72 USD,Earnings,"Jacobs Engineering Group Inc earnings above expectations at 1.72 USDUnited States EarningsJacobs Engineering Group Inc (J) released earnings per share at 1.72 USD, compared to market expectations of 1.68 USD.2022-05-03T10:46:54.723"
CenterPoint Energy earnings below expectations at 0.47 USD,Earnings,"CenterPoint Energy earnings below expectations at 0.47 USDUnited States EarningsCenterPoint Energy (CNP) released earnings per share at 0.47 USD, compared to market expectations of 0.48 USD.2022-05-03T10:46:48.22"
Zebra Technologies earnings above expectations at 4.01 USD,Earnings,"Zebra Technologies earnings above expectations at 4.01 USDUnited States EarningsZebra Technologies (ZBRA) released earnings per share at 4.01 USD, compared to market expectations of 3.87 USD.2022-05-03T10:46:41.68"
ZIMMER BIOMET HDG. earnings above expectations at 1.61 USD,Earnings,"ZIMMER BIOMET HDG. earnings above expectations at 1.61 USDUnited States EarningsZIMMER BIOMET HDG. (ZBH) released earnings per share at 1.61 USD, compared to market expectations of 1.40 USD.2022-05-03T10:46:35.083"
Thomson Reuters USA earnings above expectations at 0.66 USD,Earnings,"Thomson Reuters USA earnings above expectations at 0.66 USDUnited States EarningsThomson Reuters USA (TRI) released earnings per share at 0.66 USD, compared to market expectations of 0.60 USD.2022-05-03T10:46:26.513"
Marathon Petroleum earnings above expectations at 1.49 USD,Earnings,"Marathon Petroleum earnings above expectations at 1.49 USDUnited States EarningsMarathon Petroleum (MPC) released earnings per share at 1.49 USD, compared to market expectations of 1.32 USD.2022-05-03T10:46:19.79"
Boston Properties earnings above expectations at 1.82 USD,Earnings,"Boston Properties earnings above expectations at 1.82 USDUnited States EarningsBoston Properties (BXP) released earnings per share at 1.82 USD, compared to market expectations of 1.74 USD.2022-05-02T21:18:20.953"
FMC earnings above expectations at 1.88 USD,Earnings,"FMC earnings above expectations at 1.88 USDUnited States EarningsFMC (FMC) released earnings per share at 1.88 USD, compared to market expectations of 1.71 USD.2022-05-02T21:04:37.783"
Mosaic earnings below expectations at 2.41 USD,Earnings,"Mosaic earnings below expectations at 2.41 USDUnited States EarningsMosaic (MOS) released earnings per share at 2.41 USD, compared to market expectations of 2.44 USD.2022-05-02T20:37:22.41"
Clorox earnings above expectations at 1.31 USD,Earnings,"Clorox earnings above expectations at 1.31 USDUnited States EarningsClorox (CLX) released earnings per share at 1.31 USD, compared to market expectations of 0.93 USD.2022-05-02T20:34:20.51"
MGM Resorts International earnings above expectations at 0.01 USD,Earnings,"MGM Resorts International earnings above expectations at 0.01 USDUnited States EarningsMGM Resorts International (MGM) released earnings per share at 0.01 USD, compared to market expectations of -0.09 USD.2022-05-02T20:34:14.007"
Monolithic Power Systems earnings above expectations at 2.45 USD,Earnings,"Monolithic Power Systems earnings above expectations at 2.45 USDUnited States EarningsMonolithic Power Systems (MPWR) released earnings per share at 2.45 USD, compared to market expectations of 2.26 USD.2022-05-02T20:34:07.387"
Coterra Energy earnings above expectations at 1.01 USD,Earnings,"Coterra Energy earnings above expectations at 1.01 USDUnited States EarningsCoterra Energy (CTRA) released earnings per share at 1.01 USD, compared to market expectations of 0.83 USD.2022-05-02T20:33:52.433"
Devon Energy earnings above expectations at 1.88 USD,Earnings,"Devon Energy earnings above expectations at 1.88 USDUnited States EarningsDevon Energy (DVN) released earnings per share at 1.88 USD, compared to market expectations of 1.75 USD.2022-05-02T20:33:40.097"
Williams Companies earnings above expectations at 0.41 USD,Earnings,"Williams Companies earnings above expectations at 0.41 USDUnited States EarningsWilliams Companies (WMB) released earnings per share at 0.41 USD, compared to market expectations of 0.35 USD.2022-05-02T20:33:33.57"
Arista Networks earnings above expectations at 0.84 USD,Earnings,"Arista Networks earnings above expectations at 0.84 USDUnited States EarningsArista Networks (ANET) released earnings per share at 0.84 USD, compared to market expectations of 0.81 USD.2022-05-02T20:22:50.167"
Avis Budget earnings above expectations at 9.99 USD,Earnings,"Avis Budget earnings above expectations at 9.99 USDUnited States EarningsAvis Budget (CAR) released earnings per share at 9.99 USD, compared to market expectations of 3.54 USD.2022-05-02T20:11:50.327"
Diamondback Energy earnings above expectations at 5.20 USD,Earnings,"Diamondback Energy earnings above expectations at 5.20 USDUnited States EarningsDiamondback Energy (FANG) released earnings per share at 5.20 USD, compared to market expectations of 4.74 USD.2022-05-02T20:11:43.83"
Expedia earnings above expectations at -0.47 USD,Earnings,"Expedia earnings above expectations at -0.47 USDUnited States EarningsExpedia (EXPE) released earnings per share at -0.47 USD, compared to market expectations of -0.48 USD.2022-05-02T20:02:41.653"
S&P 500 Hits 49-week Low,Stock Market,S&P 500 Hits 49-week LowUnited States Stock MarketUS500 decreased to a 49-week low of 41052022-05-02T16:54:16.207
Berkshire Hathaway earnings above expectations at 2632.28 USD,Earnings,"Berkshire Hathaway earnings above expectations at 2632.28 USDUnited States EarningsBerkshire Hathaway (BRKA) released earnings per share at 2632.28 USD, compared to market expectations of 4.00 USD.2022-05-02T14:22:04.377"
US Factory Growth Slows Again in April,Business Confidence,"US Factory Growth Slows Again in AprilUnited States Business ConfidenceThe ISM Manufacturing PMI for the US fell for a second straight month to 55.4 in April of 2022 from 57.1 in March and compared to market forecasts of 57.6. It was the lowest reading since July 2020, as a slowdown was seen in production (53.6 vs 54.5 in March), new orders (53.5 vs 53.8), and employment (50.9 vs 56.3). Meanwhile, price pressures moderated (84.6 vs 87.1) while the backlog of orders decreased (56 vs 60). “The US manufacturing sector remains in a demand-driven, supply chain-constrained environment. In April, progress slowed in solving labor shortage problems at all tiers of the supply chain”, Timothy Fiore, Chair of the ISM Manufacturing Business Survey Committee, said. 2022-05-02T14:04:00"
US Construction Spending Misses Forecasts,Construction Spending,"US Construction Spending Misses ForecastsUnited States Construction SpendingConstruction spending in the US increased by 0.1 percent from the previous month to a seasonally adjusted annual rate of USD 1.731 trillion in March of 2022, slowing from a 0.5 percent advance in February and missing market expectations of a 0.7 percent gain. Spending on private construction rose 0.2 percent, mainly due to higher expenditure for new single family residential construction (1.3 percent) and communication infrastructure (0.1 percent), while spending fell for commercial construction (-1.9 percent). On the other hand, public construction outlays fell 0.2 percent from the previous month, dragged down by lower spending for non-residential construction (-0.3 percent).2022-05-02T14:03:00"
US Manufacturing PMI Revised Lower but Points to Strong Factory Growth: S&P,Manufacturing PMI,"US Manufacturing PMI Revised Lower but Points to Strong Factory Growth: S&PUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was revised lower to 59.2 in April of 2022 from a preliminary of 59.7, but remained above 58.8 in March. The rate of overall factory growth accelerated for the third month and was the strongest since September, driven by a quicker expansion in output, a softer deterioration in vendor performance and a series-record rise in pre-production inventories. Although lead times lengthened further, severe material and capacity shortages at suppliers led to sharper increases in cost burdens and selling prices. Meanwhile, firms continued to hire additional staff to ease pressure on capacity, as backlogs of work rose at the slowest pace since February 2021. At the same time, firms were strongly upbeat regarding the 12-month outlook for output, but concerns regarding inflation and geopolitical tensions pushed confidence to the lowest for six months. 2022-05-02T13:51:09.313"
Berkshire Hathaway B earnings above expectations at 3.18 USD,Earnings,"Berkshire Hathaway B earnings above expectations at 3.18 USDUnited States EarningsBerkshire Hathaway B (BRKB) released earnings per share at 3.18 USD, compared to market expectations of 2.77 USD.2022-05-02T12:15:38.99"
Wall Street Struggles for Traction,Stock Market,"Wall Street Struggles for Traction United States Stock MarketUS stock futures tracking the broader market were virtually flat on Monday, the first trading day of May, as investors wrestled with the shocks of an aggressive tightening, potentially causing a recession, and an ongoing war in Ukraine, further stoking inflation. Last week wrapped up with disappointing guidance from Amazon and Apple technology titans, while the hot inflation reading underscored the challenging macro environment. The Fed's preferred inflation gauge's core personal consumption expenditures price index rose 5.2% from a year ago. Investors now look ahead to the Federal Reserve's monetary policy decision on Wednesday, betting that the Fed will deliver the first of many 50bps interest rate hikes. The Dow and S&P 500 are coming off their worst month since March 2020, when the pandemic took hold, declining 4.9% and 8.8%, respectively, in April. The tech-heavy Nasdaq Composite plunged 13.3% in April, its worst monthly performance since October 2008.2022-05-02T11:36:00"
Wisconsin Energy earnings above expectations at 1.79 USD,Earnings,"Wisconsin Energy earnings above expectations at 1.79 USDUnited States EarningsWisconsin Energy (WEC) released earnings per share at 1.79 USD, compared to market expectations of 1.68 USD.2022-05-02T11:16:44.66"
Global Payments earnings above expectations at 2.07 USD,Earnings,"Global Payments earnings above expectations at 2.07 USDUnited States EarningsGlobal Payments (GPN) released earnings per share at 2.07 USD, compared to market expectations of 2.04 USD.2022-05-02T11:16:38.137"
Moody's earnings below expectations at 2.89 USD,Earnings,"Moody's earnings below expectations at 2.89 USDUnited States EarningsMoody's (MCO) released earnings per share at 2.89 USD, compared to market expectations of 2.90 USD.2022-05-02T11:16:31.967"
CNA Financial earnings below expectations at 1.16 USD,Earnings,"CNA Financial earnings below expectations at 1.16 USDUnited States EarningsCNA Financial (CNA) released earnings per share at 1.16 USD, compared to market expectations of 1.24 USD.2022-05-02T10:45:42.733"
Loews earnings meet market expectations at 1.36 USD,Earnings,Loews earnings meet market expectations at 1.36 USDUnited States EarningsLoews (L) released earnings per share at 1.36 USD.2022-05-02T10:45:36.387
Enterprise Products Partners earnings above expectations at 0.59 USD,Earnings,"Enterprise Products Partners earnings above expectations at 0.59 USDUnited States EarningsEnterprise Products Partners (EPD) released earnings per share at 0.59 USD, compared to market expectations of 0.52 USD.2022-05-02T10:14:49.6"
Dollar Firms Up Ahead of Key Fed Meeting,Currency,"Dollar Firms Up Ahead of Key Fed MeetingUnited States CurrencyThe dollar index firmed up above the 103 level on Tuesday, holding near a 19-year high hit last week, as traders prepared for a key Federal Reserve meeting later this week where it is widely expected to raise interest rates by a hefty 50 basis points. Fed policymakers look set to deliver a series of aggressive rate hikes at least until the summer to deal with rapid inflation and surging labor costs, even as two reports on Friday showed tentative signs both may be peaking. Weaker-than-expected quarterly US growth data on Thursday also proved little obstacle to the dollar’s rise, and investors hardly adjusted their near-term interest rate bets. Moreover, fears of an economic slowdown in Europe and China driven by the Ukraine war and Covid lockdowns, respectively, spurred safe haven flows into the dollar.2022-05-02T07:42:00"
NASDAQ 100 Hits 12-month Low,Stock Market,NASDAQ 100 Hits 12-month LowUnited States Stock MarketUSNDX decreased to a 12-month low of 129362022-04-29T19:29:57.407
US Consumer Sentiment Revised Higher,Consumer Confidence,"US Consumer Sentiment Revised Higher United States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised lower to 65.2 in April of 2022 from a preliminary of 65.7. The gauge for expectations was revised lower to 62.5 from 64.1 while the current conditions subindex was revised higher to 69.4 from 67.2. Inflation expectations were confirmed at 5.4% for the year ahead and 3% for the next five years. The downward slide in confidence represents the impact of uncertainty, which began with the pandemic and was reinforced by cross-currents, including the negative impact of inflation and higher interest rates, and the positive impact of a persistently strong labor market and rising wages. Moreover, consumers have lost confidence in economic policies, with fiscal actions increasingly hampered by partisanship in the runup to the Congressional elections.2022-04-29T14:06:00"
Chicago Business Barometer at Near 1-1/2-Year Low,Chicago PMI,"Chicago Business Barometer at Near 1-1/2-Year LowUnited States Chicago PMIThe Chicago PMI in the United States decreased to 58.5 points in April of 2022 from 65.9 points in March and missing market forecasts of 62. It was the lowest reading since November of 2020, suggesting a slowdown in economic activity.2022-04-29T13:49:00"
Wall Street Fails to Hold Momentum,Stock Market,"Wall Street Fails to Hold Momentum United States Stock MarketThe Dow lost over 300 points after the opening bell on Friday, while the S&P 500 and Nasdaq underperformed by falling 1.7% and 1.9%, respectively, as investors digested disappointing results from Amazon and Apple. The shares of Amazon tumbled more than 11% after reporting a surprise loss because of its investment in Rivian and issuing weak revenue guidance for Q2 2022. Apple shares were also down after CFO Luca Maestri stated that supply chain constraints could impede fiscal third-quarter revenue. Falls have been most pronounced in high-growth stocks as the prospect of higher interest rates threatens to undermine the valuations of tech companies. Markets were recalibrating the higher possibility of a 50bps interest rate hike in May from the Fed as the central bank seeks to tame runaway inflation. As a result, the tech-heavy Nasdaq and the S&P 500 were on track for their worst month since March 2020. The Dow is also set to end April on a weak note. 2022-04-29T13:36:00"
US PCE Price Inflation Hits Record High,PCE Price Index Annual Change,"US PCE Price Inflation Hits Record HighUnited States PCE Price Index Annual ChangeThe personal consumption expenditure price index in the United States climbed 6.6% year-on-year in March of 2022, quickening from a downwardly revised 6.3% increase in February. It was the steepest rise since the series began in 1959, reflecting increases in goods and services. Energy prices increased 33.9%, while food prices increased 9.2%. Excluding food and energy, the PCE price index rose 5.2% from one year ago.2022-04-29T12:37:00"
US Personal Income Rises More than Forecast,Personal Income,"US Personal Income Rises More than ForecastUnited States Personal IncomePersonal income in the United States increased 0.5 percent from a month earlier in March 2022, following a revised 0.7 percent growth in February and beating market expectations of a 0.4 percent gain, reflecting an increase in compensation, proprietors' income, personal income receipts on assets, and government social benefits. The rise in compensation reflected increases in private and government wages and salaries. The increase in proprietors' income was due to increased crop and livestock prices. Personal interest income drove the increase in individual income receipts on assets. Medicare and Medicaid were the driving forces behind the increase in government social benefits.2022-04-29T12:32:00"
US Employment Costs Rise More Than Expected,Employment Cost Index,"US Employment Costs Rise More Than ExpectedUnited States Employment Cost IndexCompensation costs for civilian workers in the US increased 1.4 percent quarter-over-quarter in the first three months of 2022, quickening from a 1.0 percent rise in the previous period and faster than market expectations of a 1.1 percent raise as a tight labour market boosted competition for workers. Wages and salaries increased 1.2 percent (vs 1.0 percent in Q4 2021) and benefits went up 1.8 percent (vs 0.9 percent). Compared with a year earlier, the labor costs surged 4.5%, the most since 2001.
2022-04-29T12:32:00"
CBOE earnings above expectations at 1.73 USD,Earnings,"CBOE earnings above expectations at 1.73 USDUnited States EarningsCBOE (CBOE) released earnings per share at 1.73 USD, compared to market expectations of 1.67 USD.2022-04-29T12:09:59.243"
W. P. Carey earnings above expectations at 1.35 USD,Earnings,"W. P. Carey earnings above expectations at 1.35 USDUnited States EarningsW. P. Carey (WPC) released earnings per share at 1.35 USD, compared to market expectations of 1.28 USD.2022-04-29T12:09:17.537"
AbbVie earnings above expectations at 3.16 USD,Earnings,"AbbVie earnings above expectations at 3.16 USDUnited States EarningsAbbVie (ABBV) released earnings per share at 3.16 USD, compared to market expectations of 3.15 USD.2022-04-29T12:08:09.44"
Phillips 66 earnings above expectations at 1.32 USD,Earnings,"Phillips 66 earnings above expectations at 1.32 USDUnited States EarningsPhillips 66 (PSX) released earnings per share at 1.32 USD, compared to market expectations of 1.25 USD.2022-04-29T11:18:47.447"
Colgate-Palmolive earnings below expectations at 0.74 USD,Earnings,"Colgate-Palmolive earnings below expectations at 0.74 USDUnited States EarningsColgate-Palmolive (CL) released earnings per share at 0.74 USD, compared to market expectations of 0.75 USD.2022-04-29T11:18:27.77"
Charter Communications earnings above expectations at 6.90 USD,Earnings,"Charter Communications earnings above expectations at 6.90 USDUnited States EarningsCharter Communications (CHTR) released earnings per share at 6.90 USD, compared to market expectations of 6.56 USD.2022-04-29T11:18:21.29"
Honeywell International earnings above expectations at 1.91 USD,Earnings,"Honeywell International earnings above expectations at 1.91 USDUnited States EarningsHoneywell International (HON) released earnings per share at 1.91 USD, compared to market expectations of 1.86 USD.2022-04-29T11:18:14.73"
Bristol-Myers Squibb earnings above expectations at 1.96 USD,Earnings,"Bristol-Myers Squibb earnings above expectations at 1.96 USDUnited States EarningsBristol-Myers Squibb (BMY) released earnings per share at 1.96 USD, compared to market expectations of 1.91 USD.2022-04-29T11:18:07.297"
Chevron earnings below expectations at 3.36 USD,Earnings,"Chevron earnings below expectations at 3.36 USDUnited States EarningsChevron (CVX) released earnings per share at 3.36 USD, compared to market expectations of 3.43 USD.2022-04-29T11:18:00.693"
Exxon Mobil earnings below expectations at 2.07 USD,Earnings,"Exxon Mobil earnings below expectations at 2.07 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 2.07 USD, compared to market expectations of 2.23 USD.2022-04-29T11:17:54.623"
Weyerhaeuser earnings above expectations at 1.31 USD,Earnings,"Weyerhaeuser earnings above expectations at 1.31 USDUnited States EarningsWeyerhaeuser (WY) released earnings per share at 1.31 USD, compared to market expectations of 1.11 USD.2022-04-29T09:44:19.293"
Dollar Set for Strong Monthly Performance,Currency,"Dollar Set for Strong Monthly PerformanceUnited States CurrencyThe dollar index eased to around 103.1 on Friday after hitting a 19-year high in the previous session, but is still up about 5% in April and on track for its best monthly performance in nearly a decade. The greenback was lifted by bets on faster US interest rate hikes and worries about growth in Europe and China. The dollar climbed each week in April, and has particularly outperformed against the Japanese yen which sank to 20-year lows as the Bank of Japan reinforced a commitment to its super-low yield policy. Meanwhile, the Federal Reserve is expected to deliver a hefty 50 basis point rate hike at next week’s policy meeting in response to soaring inflation, to be followed by equivalent rate increases in the next two meetings. Weaker-than-expected quarterly US growth data on Thursday also proved little obstacle to the dollar’s rise, and investors hardly adjusted their near-term interest rate bets.2022-04-29T07:37:40.27"
Alliant Energy earnings above expectations at 0.77 USD,Earnings,"Alliant Energy earnings above expectations at 0.77 USDUnited States EarningsAlliant Energy (LNT) released earnings per share at 0.77 USD, compared to market expectations of 0.72 USD.2022-04-28T22:11:19.94"
Zendesk earnings below expectations at 0.12 USD,Earnings,"Zendesk earnings below expectations at 0.12 USDUnited States EarningsZendesk (ZEN) released earnings per share at 0.12 USD, compared to market expectations of 0.14 USD.2022-04-28T21:30:26.273"
CubeSmart earnings above expectations at 0.58 USD,Earnings,"CubeSmart earnings above expectations at 0.58 USDUnited States EarningsCubeSmart (CUBE) released earnings per share at 0.58 USD, compared to market expectations of 0.57 USD.2022-04-28T21:09:08.68"
Camden Property earnings above expectations at 1.50 USD,Earnings,"Camden Property earnings above expectations at 1.50 USDUnited States EarningsCamden Property (CPT) released earnings per share at 1.50 USD, compared to market expectations of 1.49 USD.2022-04-28T21:09:01.937"
Eastman Chemical earnings below expectations at 2.06 USD,Earnings,"Eastman Chemical earnings below expectations at 2.06 USDUnited States EarningsEastman Chemical (EMN) released earnings per share at 2.06 USD, compared to market expectations of 2.07 USD.2022-04-28T21:08:49.73"
Gaming And Leisure Properties earnings below expectations at 0.86 USD,Earnings,"Gaming And Leisure Properties earnings below expectations at 0.86 USDUnited States EarningsGaming And Leisure Properties (GLPI) released earnings per share at 0.86 USD, compared to market expectations of 0.87 USD.2022-04-28T20:47:07.827"
Carlisle Companies earnings above expectations at 4.26 USD,Earnings,"Carlisle Companies earnings above expectations at 4.26 USDUnited States EarningsCarlisle Companies (CSL) released earnings per share at 4.26 USD, compared to market expectations of 2.60 USD.2022-04-28T20:39:25.693"
Bio-Rad Laboratories earnings above expectations at 4.94 USD,Earnings,"Bio-Rad Laboratories earnings above expectations at 4.94 USDUnited States EarningsBio-Rad Laboratories (BIO) released earnings per share at 4.94 USD, compared to market expectations of 3.40 USD.2022-04-28T20:39:19.19"
Celanese earnings above expectations at 5.54 USD,Earnings,"Celanese earnings above expectations at 5.54 USDUnited States EarningsCelanese (CE) released earnings per share at 5.54 USD, compared to market expectations of 4.50 USD.2022-04-28T20:39:12.127"
Western Digital earnings above expectations at 1.65 USD,Earnings,"Western Digital earnings above expectations at 1.65 USDUnited States EarningsWestern Digital (WDC) released earnings per share at 1.65 USD, compared to market expectations of 1.49 USD.2022-04-28T20:39:05.633"
SS&C Technologies earnings meet market expectations at 1.25 USD,Earnings,"SS&C Technologies earnings meet market expectations at 1.25 USDUnited States EarningsSS&C Technologies (SSNC) released earnings per share at 1.25 USD, in line with market expectations.2022-04-28T20:38:59.16"
Principal Financial earnings above expectations at 1.63 USD,Earnings,"Principal Financial earnings above expectations at 1.63 USDUnited States EarningsPrincipal Financial (PFG) released earnings per share at 1.63 USD, compared to market expectations of 1.55 USD.2022-04-28T20:38:50.667"
Cincinnati Financial earnings above expectations at 1.58 USD,Earnings,"Cincinnati Financial earnings above expectations at 1.58 USDUnited States EarningsCincinnati Financial (CINF) released earnings per share at 1.58 USD, compared to market expectations of 1.48 USD.2022-04-28T20:38:44.19"
Hartford Financial Services earnings above expectations at 1.66 USD,Earnings,"Hartford Financial Services earnings above expectations at 1.66 USDUnited States EarningsHartford Financial Services (HIG) released earnings per share at 1.66 USD, compared to market expectations of 1.55 USD.2022-04-28T20:38:31.47"
Seattle Genetics earnings above expectations at -0.74 USD,Earnings,"Seattle Genetics earnings above expectations at -0.74 USDUnited States EarningsSeattle Genetics (SGEN) released earnings per share at -0.74 USD, compared to market expectations of -1.00 USD.2022-04-28T20:38:24.85"
ResMed earnings below expectations at 1.32 USD,Earnings,"ResMed earnings below expectations at 1.32 USDUnited States EarningsResMed (RMD) released earnings per share at 1.32 USD, compared to market expectations of 1.44 USD.2022-04-28T20:38:18.27"
Digital Realty earnings below expectations at 0.22 USD,Earnings,"Digital Realty earnings below expectations at 0.22 USDUnited States EarningsDigital Realty (DLR) released earnings per share at 0.22 USD, compared to market expectations of 0.29 USD.2022-04-28T20:38:05.627"
L3Harris Technologies Inc earnings below expectations at 2.44 USD,Earnings,"L3Harris Technologies Inc earnings below expectations at 2.44 USDUnited States EarningsL3Harris Technologies Inc (LHX) released earnings per share at 2.44 USD, compared to market expectations of 3.06 USD.2022-04-28T20:37:58.93"
Stryker earnings below expectations at 1.97 USD,Earnings,"Stryker earnings below expectations at 1.97 USDUnited States EarningsStryker (SYK) released earnings per share at 1.97 USD, compared to market expectations of 1.98 USD.2022-04-28T20:37:39.163"
Apple earnings above expectations at 1.52 USD,Earnings,"Apple earnings above expectations at 1.52 USDUnited States EarningsApple (AAPL) released earnings per share at 1.52 USD, compared to market expectations of 1.43 USD.2022-04-28T20:37:32.67"
Arthur J. Gallagher earnings above expectations at 2.81 USD,Earnings,"Arthur J. Gallagher earnings above expectations at 2.81 USDUnited States EarningsArthur J. Gallagher (AJG) released earnings per share at 2.81 USD, compared to market expectations of 2.77 USD.2022-04-28T20:36:26.573"
KLA-Tencor earnings above expectations at 5.13 USD,Earnings,"KLA-Tencor earnings above expectations at 5.13 USDUnited States EarningsKLA-Tencor (KLAC) released earnings per share at 5.13 USD, compared to market expectations of 4.80 USD.2022-04-28T20:35:46.533"
Fortune Brands Home Security earnings above expectations at 1.31 USD,Earnings,"Fortune Brands Home Security earnings above expectations at 1.31 USDUnited States EarningsFortune Brands Home Security (FBHS) released earnings per share at 1.31 USD, compared to market expectations of 1.24 USD.2022-04-28T20:25:28.21"
LPL Financial earnings above expectations at 1.95 USD,Earnings,"LPL Financial earnings above expectations at 1.95 USDUnited States EarningsLPL Financial (LPLA) released earnings per share at 1.95 USD, compared to market expectations of 1.79 USD.2022-04-28T20:25:20.917"
Verisign earnings above expectations at 1.43 USD,Earnings,"Verisign earnings above expectations at 1.43 USDUnited States EarningsVerisign (VRSN) released earnings per share at 1.43 USD, compared to market expectations of 1.39 USD.2022-04-28T20:25:07.197"
Dexcom earnings below expectations at 0.32 USD,Earnings,"Dexcom earnings below expectations at 0.32 USDUnited States EarningsDexcom (DXCM) released earnings per share at 0.32 USD, compared to market expectations of 0.53 USD.2022-04-28T20:11:09.91"
Gilead Sciences earnings above expectations at 2.12 USD,Earnings,"Gilead Sciences earnings above expectations at 2.12 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 2.12 USD, compared to market expectations of 1.80 USD.2022-04-28T20:09:05.687"
Intel earnings above expectations at 0.87 USD,Earnings,"Intel earnings above expectations at 0.87 USDUnited States EarningsIntel (INTC) released earnings per share at 0.87 USD, compared to market expectations of 0.79 USD.2022-04-28T20:07:22.47"
Amazon earnings below expectations at -7.56 USD,Earnings,"Amazon earnings below expectations at -7.56 USDUnited States EarningsAmazon (AMZN) released earnings per share at -7.56 USD, compared to market expectations of 8.37 USD.2022-04-28T20:06:34.7"
Dow Jones is up by 2%,stock market,Dow Jones is up by 2%United States stock marketDow Jones increased 2% to 339672022-04-28T18:43:49.487
US Bond Selloff Resumes,Government Bond 10Y,"US Bond Selloff Resumes  United States Government Bond 10YThe yield on the 10-year US Treasury note, which sets the tone for corporate and household borrowing costs worldwide, consolidated around 2.90%, not far from an over three-year high of 2.98 touched last week, with investors pricing chances of an increasingly hawkish Federal Reserve stance. Cementing such a view was new data showing that the job market remains extremely tight, with initial claims for state unemployment benefits historically low. Last week, Fed Chair Jerome Powell clarified that the central bank remains committed to taming inflation at 40-year highs while opening the door for a 50bps interest rate hike in May. 2022-04-28T13:48:00"
Alnylam Pharmaceuticals earnings above expectations at -1.49 USD,Earnings,"Alnylam Pharmaceuticals earnings above expectations at -1.49 USDUnited States EarningsAlnylam Pharmaceuticals (ALNY) released earnings per share at -1.49 USD, compared to market expectations of -1.82 USD.2022-04-28T12:23:24.183"
PG&E earnings above expectations at 0.30 USD,Earnings,"PG&E earnings above expectations at 0.30 USDUnited States EarningsPG&E (PCG) released earnings per share at 0.30 USD, compared to market expectations of 0.25 USD.2022-04-28T12:23:17.057"
Twitter earnings above expectations at 0.90 USD,Earnings,"Twitter earnings above expectations at 0.90 USDUnited States EarningsTwitter (TWTR) released earnings per share at 0.90 USD, compared to market expectations of 0.05 USD.2022-04-28T12:23:04.507"
Mastercard earnings above expectations at 2.76 USD,Earnings,"Mastercard earnings above expectations at 2.76 USDUnited States EarningsMastercard (MA) released earnings per share at 2.76 USD, compared to market expectations of 2.18 USD.2022-04-28T12:22:57.417"
Teleflex earnings above expectations at 2.88 USD,Earnings,"Teleflex earnings above expectations at 2.88 USDUnited States EarningsTeleflex (TFX) released earnings per share at 2.88 USD, compared to market expectations of 2.73 USD.2022-04-28T12:18:25.17"
LKQ earnings above expectations at 1.00 USD,Earnings,"LKQ earnings above expectations at 1.00 USDUnited States EarningsLKQ (LKQ) released earnings per share at 1.00 USD, compared to market expectations of 0.91 USD.2022-04-28T12:16:18.69"
PulteGroup earnings above expectations at 1.83 USD,Earnings,"PulteGroup earnings above expectations at 1.83 USDUnited States EarningsPulteGroup (PHM) released earnings per share at 1.83 USD, compared to market expectations of 1.70 USD.2022-04-28T12:14:53.597"
Grainger earnings above expectations at 7.07 USD,Earnings,"Grainger earnings above expectations at 7.07 USDUnited States EarningsGrainger (GWW) released earnings per share at 7.07 USD, compared to market expectations of 6.16 USD.2022-04-28T12:14:19.61"
Stanley Black & Decker earnings above expectations at 2.10 USD,Earnings,"Stanley Black & Decker earnings above expectations at 2.10 USDUnited States EarningsStanley Black & Decker (SWK) released earnings per share at 2.10 USD, compared to market expectations of 1.68 USD.2022-04-28T12:13:47.007"
Textron earnings above expectations at 0.88 USD,Earnings,"Textron earnings above expectations at 0.88 USDUnited States EarningsTextron (TXT) released earnings per share at 0.88 USD, compared to market expectations of 0.72 USD.2022-04-28T12:13:23.09"
Medical Properties earnings meet market expectations at 0.47 USD,Earnings,"Medical Properties earnings meet market expectations at 0.47 USDUnited States EarningsMedical Properties (MPW) released earnings per share at 0.47 USD, in line with market expectations.2022-04-28T12:12:57.647"
Webster Financial earnings above expectations at 1.24 USD,Earnings,"Webster Financial earnings above expectations at 1.24 USDUnited States EarningsWebster Financial (WBS) released earnings per share at 1.24 USD, compared to market expectations of 1.12 USD.2022-04-28T11:52:33.28"
Dominos Pizza earnings below expectations at 2.50 USD,Earnings,"Dominos Pizza earnings below expectations at 2.50 USDUnited States EarningsDominos Pizza (DPZ) released earnings per share at 2.50 USD, compared to market expectations of 3.06 USD.2022-04-28T11:52:18.8"
Carlyle earnings below expectations at 0.74 USD,Earnings,"Carlyle earnings below expectations at 0.74 USDUnited States EarningsCarlyle (CG) released earnings per share at 0.74 USD, compared to market expectations of 1.01 USD.2022-04-28T11:52:11.633"
Fortive Corp earnings above expectations at 0.70 USD,Earnings,"Fortive Corp earnings above expectations at 0.70 USDUnited States EarningsFortive Corp (FTV) released earnings per share at 0.70 USD, compared to market expectations of 0.68 USD.2022-04-28T11:51:56.507"
T. Rowe Price earnings below expectations at 2.62 USD,Earnings,"T. Rowe Price earnings below expectations at 2.62 USDUnited States EarningsT. Rowe Price (TROW) released earnings per share at 2.62 USD, compared to market expectations of 2.79 USD.2022-04-28T11:51:50.687"
A.O. Smith earnings above expectations at 0.77 USD,Earnings,"A.O. Smith earnings above expectations at 0.77 USDUnited States EarningsA.O. Smith (AOS) released earnings per share at 0.77 USD, compared to market expectations of 0.75 USD.2022-04-28T11:20:19.147"
First Citizens Bancshares earnings above expectations at 18.95 USD,Earnings,"First Citizens Bancshares earnings above expectations at 18.95 USDUnited States EarningsFirst Citizens Bancshares (FCNCA) released earnings per share at 18.95 USD, compared to market expectations of 13.76 USD.2022-04-28T11:20:11.83"
Reliance Steel & Aluminum earnings above expectations at 8.42 USD,Earnings,"Reliance Steel & Aluminum earnings above expectations at 8.42 USDUnited States EarningsReliance Steel & Aluminum (RS) released earnings per share at 8.42 USD, compared to market expectations of 6.76 USD.2022-04-28T11:20:05.053"
Abiomed earnings above expectations at 1.16 USD,Earnings,"Abiomed earnings above expectations at 1.16 USDUnited States EarningsAbiomed (ABMD) released earnings per share at 1.16 USD, compared to market expectations of 1.08 USD.2022-04-28T11:19:57.947"
Interpublic Of Companies earnings below expectations at 0.40 USD,Earnings,"Interpublic Of Companies earnings below expectations at 0.40 USDUnited States EarningsInterpublic Of Companies (IPG) released earnings per share at 0.40 USD, compared to market expectations of 0.42 USD.2022-04-28T11:19:49.093"
Kimco Realty earnings above expectations at 0.37 USD,Earnings,"Kimco Realty earnings above expectations at 0.37 USDUnited States EarningsKimco Realty (KIM) released earnings per share at 0.37 USD, compared to market expectations of 0.15 USD.2022-04-28T11:19:42.217"
Iron Mountain earnings above expectations at 0.38 USD,Earnings,"Iron Mountain earnings above expectations at 0.38 USDUnited States EarningsIron Mountain (IRM) released earnings per share at 0.38 USD, compared to market expectations of 0.37 USD.2022-04-28T11:19:34.943"
International Paper earnings above expectations at 0.76 USD,Earnings,"International Paper earnings above expectations at 0.76 USDUnited States EarningsInternational Paper (IP) released earnings per share at 0.76 USD, compared to market expectations of 0.51 USD.2022-04-28T11:19:25.93"
Sirius XM earnings meet market expectations at 0.08 USD,Earnings,"Sirius XM earnings meet market expectations at 0.08 USDUnited States EarningsSirius XM (SIRI) released earnings per share at 0.08 USD, in line with market expectations.2022-04-28T11:19:18.373"
Laboratory Of America earnings above expectations at 6.11 USD,Earnings,"Laboratory Of America earnings above expectations at 6.11 USDUnited States EarningsLaboratory Of America (LH) released earnings per share at 6.11 USD, compared to market expectations of 5.99 USD.2022-04-28T11:19:11.373"
Church Dwight earnings above expectations at 0.83 USD,Earnings,"Church Dwight earnings above expectations at 0.83 USDUnited States EarningsChurch Dwight (CHD) released earnings per share at 0.83 USD, compared to market expectations of 0.76 USD.2022-04-28T11:19:04.34"
DTE Energy earnings below expectations at 1.65 USD,Earnings,"DTE Energy earnings below expectations at 1.65 USDUnited States EarningsDTE Energy (DTE) released earnings per share at 1.65 USD, compared to market expectations of 2.06 USD.2022-04-28T11:18:56.937"
Southwest Airlines earnings meet market expectations at -0.32 USD,Earnings,"Southwest Airlines earnings meet market expectations at -0.32 USDUnited States EarningsSouthwest Airlines (LUV) released earnings per share at -0.32 USD, in line with market expectations.2022-04-28T11:18:48.777"
Baxter International earnings above expectations at 0.93 USD,Earnings,"Baxter International earnings above expectations at 0.93 USDUnited States EarningsBaxter International (BAX) released earnings per share at 0.93 USD, compared to market expectations of 0.81 USD.2022-04-28T11:18:41.77"
Hershey earnings above expectations at 2.53 USD,Earnings,"Hershey earnings above expectations at 2.53 USDUnited States EarningsHershey (HSY) released earnings per share at 2.53 USD, compared to market expectations of 2.10 USD.2022-04-28T11:18:34.837"
American Electric Power earnings above expectations at 1.22 USD,Earnings,"American Electric Power earnings above expectations at 1.22 USDUnited States EarningsAmerican Electric Power (AEP) released earnings per share at 1.22 USD, compared to market expectations of 1.21 USD.2022-04-28T11:18:27.937"
Keurig Dr Pepper earnings meet market expectations at 0.33 USD,Earnings,"Keurig Dr Pepper earnings meet market expectations at 0.33 USDUnited States EarningsKeurig Dr Pepper (KDP) released earnings per share at 0.33 USD, in line with market expectations.2022-04-28T11:18:20.98"
Northrop Grumman earnings above expectations at 6.10 USD,Earnings,"Northrop Grumman earnings above expectations at 6.10 USDUnited States EarningsNorthrop Grumman (NOC) released earnings per share at 6.10 USD, compared to market expectations of 5.96 USD.2022-04-28T11:18:14.063"
Altria earnings above expectations at 1.12 USD,Earnings,"Altria earnings above expectations at 1.12 USDUnited States EarningsAltria (MO) released earnings per share at 1.12 USD, compared to market expectations of 1.09 USD.2022-04-28T11:18:07.073"
McDonalds earnings above expectations at 2.28 USD,Earnings,"McDonalds earnings above expectations at 2.28 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 2.28 USD, compared to market expectations of 2.17 USD.2022-04-28T11:18:00.17"
Comcast earnings above expectations at 0.86 USD,Earnings,"Comcast earnings above expectations at 0.86 USDUnited States EarningsComcast (CMCSA) released earnings per share at 0.86 USD, compared to market expectations of 0.80 USD.2022-04-28T11:17:52.933"
Morningstar earnings meet market expectations at 1.41 USD,Earnings,Morningstar earnings meet market expectations at 1.41 USDUnited States EarningsMorningstar (MORN) released earnings per share at 1.41 USD.2022-04-28T11:05:50.037
West Pharmaceutical Services earnings above expectations at 2.30 USD,Earnings,"West Pharmaceutical Services earnings above expectations at 2.30 USDUnited States EarningsWest Pharmaceutical Services (WST) released earnings per share at 2.30 USD, compared to market expectations of 2.12 USD.2022-04-28T10:56:54.333"
Carrier Global Corp earnings above expectations at 0.54 USD,Earnings,"Carrier Global Corp earnings above expectations at 0.54 USDUnited States EarningsCarrier Global Corp (CARR) released earnings per share at 0.54 USD, compared to market expectations of 0.47 USD.2022-04-28T10:55:36.2"
Xcel Energy earnings above expectations at 0.70 USD,Earnings,"Xcel Energy earnings above expectations at 0.70 USDUnited States EarningsXcel Energy (XEL) released earnings per share at 0.70 USD, compared to market expectations of 0.68 USD.2022-04-28T10:55:16.137"
Southern Co. earnings above expectations at 0.97 USD,Earnings,"Southern Co. earnings above expectations at 0.97 USDUnited States EarningsSouthern Co. (SO) released earnings per share at 0.97 USD, compared to market expectations of 0.90 USD.2022-04-28T10:54:45.047"
Caterpillar earnings above expectations at 2.88 USD,Earnings,"Caterpillar earnings above expectations at 2.88 USDUnited States EarningsCaterpillar (CAT) released earnings per share at 2.88 USD, compared to market expectations of 2.60 USD.2022-04-28T10:54:22.55"
Thermo Fisher Scientific earnings above expectations at 7.25 USD,Earnings,"Thermo Fisher Scientific earnings above expectations at 7.25 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 7.25 USD, compared to market expectations of 6.22 USD.2022-04-28T10:52:48.953"
Merck & Co earnings above expectations at 2.14 USD,Earnings,"Merck & Co earnings above expectations at 2.14 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 2.14 USD, compared to market expectations of 1.83 USD.2022-04-28T10:52:35.83"
Eli Lilly earnings above expectations at 2.62 USD,Earnings,"Eli Lilly earnings above expectations at 2.62 USDUnited States EarningsEli Lilly (LLY) released earnings per share at 2.62 USD, compared to market expectations of 2.28 USD.2022-04-28T10:51:46.64"
EQT earnings below expectations at 0.81 USD,Earnings,"EQT earnings below expectations at 0.81 USDUnited States EarningsEQT (EQT) released earnings per share at 0.81 USD, compared to market expectations of 1.04 USD.2022-04-27T20:58:09.447"
Graco earnings below expectations at 0.57 USD,Earnings,"Graco earnings below expectations at 0.57 USDUnited States EarningsGraco (GGG) released earnings per share at 0.57 USD, compared to market expectations of 0.63 USD.2022-04-27T20:58:02.837"
PTC earnings above expectations at 1.39 USD,Earnings,"PTC earnings above expectations at 1.39 USDUnited States EarningsPTC (PTC) released earnings per share at 1.39 USD, compared to market expectations of 1.10 USD.2022-04-27T20:47:29.3"
American Water Works earnings above expectations at 0.87 USD,Earnings,"American Water Works earnings above expectations at 0.87 USDUnited States EarningsAmerican Water Works (AWK) released earnings per share at 0.87 USD, compared to market expectations of 0.75 USD.2022-04-27T20:47:10.757"
Annaly Capital Management earnings above expectations at 0.28 USD,Earnings,"Annaly Capital Management earnings above expectations at 0.28 USDUnited States EarningsAnnaly Capital Management (NLY) released earnings per share at 0.28 USD, compared to market expectations of 0.25 USD.2022-04-27T20:39:46.083"
Fair Isaac earnings above expectations at 4.68 USD,Earnings,"Fair Isaac earnings above expectations at 4.68 USDUnited States EarningsFair Isaac (FICO) released earnings per share at 4.68 USD, compared to market expectations of 3.74 USD.2022-04-27T20:39:39.267"
Tyler Technologies earnings above expectations at 1.90 USD,Earnings,"Tyler Technologies earnings above expectations at 1.90 USDUnited States EarningsTyler Technologies (TYL) released earnings per share at 1.90 USD, compared to market expectations of 1.68 USD.2022-04-27T20:38:57.003"
Molina Healthcare earnings above expectations at 4.90 USD,Earnings,"Molina Healthcare earnings above expectations at 4.90 USDUnited States EarningsMolina Healthcare (MOH) released earnings per share at 4.90 USD, compared to market expectations of 4.65 USD.2022-04-27T20:38:26.437"
Raymond James Financial earnings below expectations at 1.55 USD,Earnings,"Raymond James Financial earnings below expectations at 1.55 USDUnited States EarningsRaymond James Financial (RJF) released earnings per share at 1.55 USD, compared to market expectations of 1.64 USD.2022-04-27T20:38:12.293"
United Rentals earnings above expectations at 5.73 USD,Earnings,"United Rentals earnings above expectations at 5.73 USDUnited States EarningsUnited Rentals (URI) released earnings per share at 5.73 USD, compared to market expectations of 4.97 USD.2022-04-27T20:38:05.437"
Duke Realty earnings above expectations at 0.65 USD,Earnings,"Duke Realty earnings above expectations at 0.65 USDUnited States EarningsDuke Realty (DRE) released earnings per share at 0.65 USD, compared to market expectations of 0.19 USD.2022-04-27T20:37:55.2"
Mid-America Apartment Communities earnings above expectations at 0.95 USD,Earnings,"Mid-America Apartment Communities earnings above expectations at 0.95 USDUnited States EarningsMid-America Apartment Communities (MAA) released earnings per share at 0.95 USD, compared to market expectations of 0.82 USD.2022-04-27T20:37:47.97"
Las Vegas Sands earnings below expectations at -0.49 USD,Earnings,"Las Vegas Sands earnings below expectations at -0.49 USDUnited States EarningsLas Vegas Sands (LVS) released earnings per share at -0.49 USD, compared to market expectations of -0.22 USD.2022-04-27T20:37:40.597"
Discover Financial Services earnings above expectations at 4.22 USD,Earnings,"Discover Financial Services earnings above expectations at 4.22 USDUnited States EarningsDiscover Financial Services (DFS) released earnings per share at 4.22 USD, compared to market expectations of 3.60 USD.2022-04-27T20:37:31.283"
AvalonBay Communities earnings above expectations at 1.87 USD,Earnings,"AvalonBay Communities earnings above expectations at 1.87 USDUnited States EarningsAvalonBay Communities (AVB) released earnings per share at 1.87 USD, compared to market expectations of 1.34 USD.2022-04-27T20:37:24.127"
Aflac earnings above expectations at 1.42 USD,Earnings,"Aflac earnings above expectations at 1.42 USDUnited States EarningsAflac (AFL) released earnings per share at 1.42 USD, compared to market expectations of 1.37 USD.2022-04-27T20:37:17.263"
O'Reilly Automotive earnings below expectations at 7.17 USD,Earnings,"O'Reilly Automotive earnings below expectations at 7.17 USDUnited States EarningsO'Reilly Automotive (ORLY) released earnings per share at 7.17 USD, compared to market expectations of 7.49 USD.2022-04-27T20:37:10.363"
ServiceNow earnings above expectations at 1.73 USD,Earnings,"ServiceNow earnings above expectations at 1.73 USDUnited States EarningsServiceNow (NOW) released earnings per share at 1.73 USD, compared to market expectations of 1.70 USD.2022-04-27T20:36:40.697"
PayPal earnings meet market expectations at 0.88 USD,Earnings,"PayPal earnings meet market expectations at 0.88 USDUnited States EarningsPayPal (PYPL) released earnings per share at 0.88 USD, in line with market expectations.2022-04-27T20:36:33.897"
C.H. Robinson Worldwide earnings above expectations at 2.05 USD,Earnings,"C.H. Robinson Worldwide earnings above expectations at 2.05 USDUnited States EarningsC.H. Robinson Worldwide (CHRW) released earnings per share at 2.05 USD, compared to market expectations of 1.54 USD.2022-04-27T20:26:05.737"
Equinix earnings below expectations at 7.16 USD,Earnings,"Equinix earnings below expectations at 7.16 USDUnited States EarningsEquinix (EQIX) released earnings per share at 7.16 USD, compared to market expectations of 7.19 USD.2022-04-27T20:25:57.953"
BioMarin Pharmaceutical earnings above expectations at 0.55 USD,Earnings,"BioMarin Pharmaceutical earnings above expectations at 0.55 USDUnited States EarningsBioMarin Pharmaceutical (BMRN) released earnings per share at 0.55 USD, compared to market expectations of 0.38 USD.2022-04-27T20:25:44.097"
Qualcomm earnings above expectations at 3.21 USD,Earnings,"Qualcomm earnings above expectations at 3.21 USDUnited States EarningsQualcomm (QCOM) released earnings per share at 3.21 USD, compared to market expectations of 2.95 USD.2022-04-27T20:16:41.96"
Meta earnings above expectations at 2.72 USD,Earnings,"Meta earnings above expectations at 2.72 USDUnited States EarningsMeta (FB) released earnings per share at 2.72 USD, compared to market expectations of 2.56 USD.2022-04-27T20:14:04.297"
Ford Motor earnings above expectations at 0.38 USD,Earnings,"Ford Motor earnings above expectations at 0.38 USDUnited States EarningsFord Motor (F) released earnings per share at 0.38 USD, compared to market expectations of 0.37 USD.2022-04-27T20:13:44.813"
Hologic earnings above expectations at 2.07 USD,Earnings,"Hologic earnings above expectations at 2.07 USDUnited States EarningsHologic (HOLX) released earnings per share at 2.07 USD, compared to market expectations of 1.60 USD.2022-04-27T20:06:48.787"
Align Technology earnings below expectations at 2.13 USD,Earnings,"Align Technology earnings below expectations at 2.13 USDUnited States EarningsAlign Technology (ALGN) released earnings per share at 2.13 USD, compared to market expectations of 2.30 USD.2022-04-27T20:06:29.483"
Amgen earnings above expectations at 4.25 USD,Earnings,"Amgen earnings above expectations at 4.25 USDUnited States EarningsAmgen (AMGN) released earnings per share at 4.25 USD, compared to market expectations of 4.12 USD.2022-04-27T20:05:49.95"
NASDAQ 100 Hits 12-month Low,Stock Market,"NASDAQ 100 Hits 12-month LowUnited States Stock MarketThe tech-heavy Nasdaq 100 briefly cross into negative territory to hit an over one-year low around the 12,930 level, as the prospect of higher interest rates threatens to undermine the valuations of tech companies. 2022-04-27T14:37:00"
US Crude Inventories Rise Less than Expected: EIA,Crude Oil Stocks Change,"US Crude Inventories Rise Less than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories went up by 0.692 million barrels to 414.4 million barrels in the week ended April 22nd, recovering from an 8.02 million drop in the previous period and less than market expectations of a 2 million rise. Crude stocks at the Cushing, Oklahoma, increased by 1.298 million barrels. Meanwhile, gasoline stocks fell by 1.573 million barrels to 230.8 million barrels, versus expectations for a 0.808 million increase; and distillate stockpiles which include diesel and heating oil declined by 1.449 million barrels to 107.3 million barrels, more than expectations for a 0.292 million barrel fall.2022-04-27T14:36:00"
US Wholesale Inventories Rise for 20th Month,Wholesale Inventories,"US Wholesale Inventories Rise for 20th MonthUnited States Wholesale InventoriesWholesale inventories in the US advanced 2.3 percent month-over-month to $837.7 billion in March of 2022, after an upwardly revised 2.6 percent increase in February, a preliminary estimate showed. It was the 20th straight month of gains, as both durable goods (2.1 percent vs 2.0 percent in January) and nondurable (2.6 percent vs 3.5 percent) stocks increased. On an annual basis, wholesale inventories jumped 21.5 percent in March.
2022-04-27T12:39:00"
Westinghouse Air Brake Technologies earnings below expectations at 1.13 USD,Earnings,"Westinghouse Air Brake Technologies earnings below expectations at 1.13 USDUnited States EarningsWestinghouse Air Brake Technologies (WAB) released earnings per share at 1.13 USD, compared to market expectations of 1.14 USD.2022-04-27T12:18:43.21"
Masco earnings above expectations at 0.95 USD,Earnings,"Masco earnings above expectations at 0.95 USDUnited States EarningsMasco (MAS) released earnings per share at 0.95 USD, compared to market expectations of 0.88 USD.2022-04-27T12:17:46.987"
Bunge earnings above expectations at 4.26 USD,Earnings,"Bunge earnings above expectations at 4.26 USDUnited States EarningsBunge (BG) released earnings per share at 4.26 USD, compared to market expectations of 3.24 USD.2022-04-27T12:17:26.28"
Amphenol earnings above expectations at 0.67 USD,Earnings,"Amphenol earnings above expectations at 0.67 USDUnited States EarningsAmphenol (APH) released earnings per share at 0.67 USD, compared to market expectations of 0.61 USD.2022-04-27T12:17:13.887"
Norfolk Southern earnings above expectations at 2.93 USD,Earnings,"Norfolk Southern earnings above expectations at 2.93 USDUnited States EarningsNorfolk Southern (NSC) released earnings per share at 2.93 USD, compared to market expectations of 2.91 USD.2022-04-27T12:15:21.687"
Rollins earnings meet market expectations at 0.14 USD,Earnings,"Rollins earnings meet market expectations at 0.14 USDUnited States EarningsRollins (ROL) released earnings per share at 0.14 USD, in line with market expectations.2022-04-27T11:48:12.753"
Hess earnings above expectations at 1.30 USD,Earnings,"Hess earnings above expectations at 1.30 USDUnited States EarningsHess (HES) released earnings per share at 1.30 USD, compared to market expectations of 1.08 USD.2022-04-27T11:47:57.847"
Boeing earnings below expectations at -2.75 USD,Earnings,"Boeing earnings below expectations at -2.75 USDUnited States EarningsBoeing (BA) released earnings per share at -2.75 USD, compared to market expectations of -0.19 USD.2022-04-27T11:47:51.527"
Teledyne Technologies earnings above expectations at 4.46 USD,Earnings,"Teledyne Technologies earnings above expectations at 4.46 USDUnited States EarningsTeledyne Technologies (TDY) released earnings per share at 4.46 USD, compared to market expectations of 3.97 USD.2022-04-27T11:23:11.723"
Entergy earnings below expectations at 1.32 USD,Earnings,"Entergy earnings below expectations at 1.32 USDUnited States EarningsEntergy (ETR) released earnings per share at 1.32 USD, compared to market expectations of 1.33 USD.2022-04-27T11:23:05.253"
Old Dominion Freight Line earnings above expectations at 2.60 USD,Earnings,"Old Dominion Freight Line earnings above expectations at 2.60 USDUnited States EarningsOld Dominion Freight Line (ODFL) released earnings per share at 2.60 USD, compared to market expectations of 2.40 USD.2022-04-27T11:22:56.363"
IQVIA Holdings Inc earnings above expectations at 2.47 USD,Earnings,"IQVIA Holdings Inc earnings above expectations at 2.47 USDUnited States EarningsIQVIA Holdings Inc (IQV) released earnings per share at 2.47 USD, compared to market expectations of 2.42 USD.2022-04-27T11:22:36.58"
Kraft Heinz earnings above expectations at 0.60 USD,Earnings,"Kraft Heinz earnings above expectations at 0.60 USDUnited States EarningsKraft Heinz (KHC) released earnings per share at 0.60 USD, compared to market expectations of 0.53 USD.2022-04-27T11:22:29.987"
Humana earnings above expectations at 8.04 USD,Earnings,"Humana earnings above expectations at 8.04 USDUnited States EarningsHumana (HUM) released earnings per share at 8.04 USD, compared to market expectations of 6.79 USD.2022-04-27T11:22:23.303"
Boston Scientific earnings meet market expectations at 0.39 USD,Earnings,"Boston Scientific earnings meet market expectations at 0.39 USDUnited States EarningsBoston Scientific (BSX) released earnings per share at 0.39 USD, in line with market expectations.2022-04-27T11:22:16.827"
Fiserv earnings above expectations at 1.40 USD,Earnings,"Fiserv earnings above expectations at 1.40 USDUnited States EarningsFiserv (FISV) released earnings per share at 1.40 USD, compared to market expectations of 1.35 USD.2022-04-27T11:22:10.223"
General Dynamics earnings above expectations at 2.61 USD,Earnings,"General Dynamics earnings above expectations at 2.61 USDUnited States EarningsGeneral Dynamics (GD) released earnings per share at 2.61 USD, compared to market expectations of 2.50 USD.2022-04-27T11:22:03.557"
CME earnings above expectations at 2.11 USD,Earnings,"CME earnings above expectations at 2.11 USDUnited States EarningsCME (CME) released earnings per share at 2.11 USD, compared to market expectations of 1.98 USD.2022-04-27T11:21:54.883"
ADP earnings above expectations at 2.21 USD,Earnings,"ADP earnings above expectations at 2.21 USDUnited States EarningsADP (ADP) released earnings per share at 2.21 USD, compared to market expectations of 2.08 USD.2022-04-27T11:21:41.583"
American Tower earnings above expectations at 1.56 USD,Earnings,"American Tower earnings above expectations at 1.56 USDUnited States EarningsAmerican Tower (AMT) released earnings per share at 1.56 USD, compared to market expectations of 1.11 USD.2022-04-27T11:21:15.927"
T-Mobile Us earnings above expectations at 0.57 USD,Earnings,"T-Mobile Us earnings above expectations at 0.57 USDUnited States EarningsT-Mobile Us (TMUS) released earnings per share at 0.57 USD, compared to market expectations of 0.44 USD.2022-04-27T11:20:45.713"
Mortgage Applications Fall for 7th Week,Mortgage Applications,"Mortgage Applications Fall for 7th WeekUnited States Mortgage ApplicationsMortgage applications in the US declined 8.3% in the week ending April 22nd, a 7th straight week of falls, as mortgage rates continue to march higher, data from the MBA showed. The refinancing index sank 9% and the purchase index 7.6%. The average contract rate on a 30-year fixed-rate mortgage increased to 5.37%, the highest since 2009, from 5.20%. “The recent decrease in purchase applications is an indication of potential weakness in home sales in the coming months,” said Joel Kan, an MBA economist. “The ARM share of applications last week was over 9% by loan count and 17% based on dollar volume. At 9%, the ARM share was double what it was three months ago, which also coincides with the 1.5 percentage point increase in the 30-year fixed rate,” noted Kan.2022-04-27T11:05:00"
Markel earnings below expectations at 11.33 USD,Earnings,"Markel earnings below expectations at 11.33 USDUnited States EarningsMarkel (MKL) released earnings per share at 11.33 USD, compared to market expectations of 16.79 USD.2022-04-26T22:04:29.627"
CoStar earnings above expectations at 0.31 USD,Earnings,"CoStar earnings above expectations at 0.31 USDUnited States EarningsCoStar (CSGP) released earnings per share at 0.31 USD, compared to market expectations of 0.28 USD.2022-04-26T21:42:42.49"
Teradyne earnings above expectations at 0.98 USD,Earnings,"Teradyne earnings above expectations at 0.98 USDUnited States EarningsTeradyne (TER) released earnings per share at 0.98 USD, compared to market expectations of 0.88 USD.2022-04-26T21:09:31.917"
IDEX earnings above expectations at 1.96 USD,Earnings,"IDEX earnings above expectations at 1.96 USDUnited States EarningsIDEX (IEX) released earnings per share at 1.96 USD, compared to market expectations of 1.74 USD.2022-04-26T20:59:24.79"
Exact Sciences earnings above expectations at -1.04 USD,Earnings,"Exact Sciences earnings above expectations at -1.04 USDUnited States EarningsExact Sciences (EXAS) released earnings per share at -1.04 USD, compared to market expectations of -1.12 USD.2022-04-26T20:59:03.967"
Juniper Networks earnings below expectations at 0.31 USD,Earnings,"Juniper Networks earnings below expectations at 0.31 USDUnited States EarningsJuniper Networks (JNPR) released earnings per share at 0.31 USD, compared to market expectations of 0.32 USD.2022-04-26T20:48:27.33"
Enphase Energy earnings above expectations at 0.77 USD,Earnings,"Enphase Energy earnings above expectations at 0.77 USDUnited States EarningsEnphase Energy (ENPH) released earnings per share at 0.77 USD, compared to market expectations of 0.68 USD.2022-04-26T20:48:20.8"
US Crude Oil Inventories Rise More than Expected: API,API Crude Oil Stock Change,"US Crude Oil Inventories Rise More than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States surged by 4.784 million barrels in the week ended April 22nd of 2022, following a 4.496 million barrels slump in the previous week and well above market expectations of a 2.000 million rise.  It was the largest injection of crude oil US inventories since the week ended February 18th, data from the American Petroleum Institute showed.2022-04-26T20:48:00"
Chubb earnings above expectations at 3.82 USD,Earnings,"Chubb earnings above expectations at 3.82 USDUnited States EarningsChubb (CB) released earnings per share at 3.82 USD, compared to market expectations of 3.48 USD.2022-04-26T20:38:30.357"
Robert Half International earnings above expectations at 1.52 USD,Earnings,"Robert Half International earnings above expectations at 1.52 USDUnited States EarningsRobert Half International (RHI) released earnings per share at 1.52 USD, compared to market expectations of 1.47 USD.2022-04-26T20:37:35.15"
UDR earnings meet market expectations at 0.55 USD,Earnings,"UDR earnings meet market expectations at 0.55 USDUnited States EarningsUDR (UDR) released earnings per share at 0.55 USD, in line with market expectations.2022-04-26T20:37:28.567"
Essex Property earnings above expectations at 3.37 USD,Earnings,"Essex Property earnings above expectations at 3.37 USDUnited States EarningsEssex Property (ESS) released earnings per share at 3.37 USD, compared to market expectations of 3.34 USD.2022-04-26T20:37:21.93"
Equity Residential earnings below expectations at 0.77 USD,Earnings,"Equity Residential earnings below expectations at 0.77 USDUnited States EarningsEquity Residential (EQR) released earnings per share at 0.77 USD, compared to market expectations of 0.80 USD.2022-04-26T20:37:14.887"
Mondelez International earnings above expectations at 0.84 USD,Earnings,"Mondelez International earnings above expectations at 0.84 USDUnited States EarningsMondelez International (MDLZ) released earnings per share at 0.84 USD, compared to market expectations of 0.74 USD.2022-04-26T20:37:08.117"
Edwards Lifesciences earnings above expectations at 0.60 USD,Earnings,"Edwards Lifesciences earnings above expectations at 0.60 USDUnited States EarningsEdwards Lifesciences (EW) released earnings per share at 0.60 USD, compared to market expectations of 0.58 USD.2022-04-26T20:37:01.273"
F5 Networks earnings above expectations at 2.13 USD,Earnings,"F5 Networks earnings above expectations at 2.13 USDUnited States EarningsF5 Networks (FFIV) released earnings per share at 2.13 USD, compared to market expectations of 2.01 USD.2022-04-26T20:26:45.363"
Capital One Financial earnings above expectations at 5.62 USD,Earnings,"Capital One Financial earnings above expectations at 5.62 USDUnited States EarningsCapital One Financial (COF) released earnings per share at 5.62 USD, compared to market expectations of 5.39 USD.2022-04-26T20:26:31.407"
Visa earnings above expectations at 1.79 USD,Earnings,"Visa earnings above expectations at 1.79 USDUnited States EarningsVisa (V) released earnings per share at 1.79 USD, compared to market expectations of 1.65 USD.2022-04-26T20:26:11.68"
Chipotle Mexican Grill earnings above expectations at 5.7 USD,Earnings,"Chipotle Mexican Grill earnings above expectations at 5.7 USDUnited States EarningsChipotle Mexican Grill (CMG) released earnings per share at 5.7 USD, compared to market expectations of 5.64 USD.2022-04-26T20:16:04.83"
General Motors earnings above expectations at 2.09 USD,Earnings,"General Motors earnings above expectations at 2.09 USDUnited States EarningsGeneral Motors (GM) released earnings per share at 2.09 USD, compared to market expectations of 1.66 USD.2022-04-26T20:15:17.077"
Texas Instruments earnings above expectations at 2.33 USD,Earnings,"Texas Instruments earnings above expectations at 2.33 USDUnited States EarningsTexas Instruments (TXN) released earnings per share at 2.33 USD, compared to market expectations of 2.18 USD.2022-04-26T20:07:20.347"
Alphabet earnings below expectations at 24.62 USD,Earnings,"Alphabet earnings below expectations at 24.62 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 24.62 USD, compared to market expectations of 25.75 USD.2022-04-26T20:06:56.76"
Microsoft earnings above expectations at 2.22 USD,Earnings,"Microsoft earnings above expectations at 2.22 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 2.22 USD, compared to market expectations of 2.19 USD.2022-04-26T20:06:50.21"
Dow Jones is down by 2%,stock market,Dow Jones is down by 2%United States stock marketDow Jones decreased 2% to 333672022-04-26T19:15:32.77
New Home Sales Drop for 3rd Month,New Home Sales,"New Home Sales Drop for 3rd MonthUnited States New Home SalesNew home sales in the United States dropped 8.6% from a month earlier to a seasonally adjusted annual rate of 763 thousand in March of 2022, following a revised 1.2% drop in the previous month and below market expectations of 765 thousand. Declines were seen in home sales in the South (-10.2% to 414 thousand), the Midwest (-8.7% to 94 thousand), West (-6.0% to 202 thousand) and in the Northeast (-5.4% to 53 thousand). Meanwhile, the median sales price of new houses sold last month was USD 436,700, much higher than USD 359,600 a year earlier, while the average sales price was USD 523,900, up from USD 414,700.2022-04-26T14:07:00"
US 5th District Factory Index at 4-Month High,Richmond Fed Manufacturing Index,"US 5th District Factory Index at 4-Month HighUnited States Richmond Fed Manufacturing IndexThe Richmond Fed composite manufacturing index increased to 14 in April of 2022 from 13 in March, the highest in four months. Shipments increased to 17 from 9, while the volume of new orders moved down slightly to 6 from 10. Order backlogs continued to increase in April, while vendor lead times remained high. The index for finished goods and raw materials inventories remained low, and firms expected that to persist for the foreseeable future. Manufacturers continued to report growth in employment while experiencing challenges finding workers with the necessary skills. The average growth rate of prices paid increased slightly in April while the growth rate of prices received from customers edged down slightly. Survey participants expect business conditions to deteriorate in the next six months, the third time in the history of the survey that this expectations index has been negative.2022-04-26T14:04:41.973"
NVR earnings above expectations at 116.56 USD,Earnings,"NVR earnings above expectations at 116.56 USDUnited States EarningsNVR (NVR) released earnings per share at 116.56 USD, compared to market expectations of 100.47 USD.2022-04-26T13:19:39.987"
US Home Prices Surge the Most on Record: FHFA,House Price Index MoM,"US Home Prices Surge the Most on Record: FHFAUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased a record 2.1 percent from a month earlier in February 2022, following a 1.6 percent gain in January. For the nine census divisions, monthly house price changes ranged from +1.3 percent in the East North Central division to +2.9 percent in the South Atlantic division. Year-on-year, house prices jumped 19.4 percent in February, accelerating from a revised 18.3 percent in the prior month. ""Acceleration approached twice the monthly rate as seen a year ago. Housing prices continue to rise due to supply constraints,"" said Will Doerner, PhD, Supervisory Economist in FHFA's Division of Research and Statistics.2022-04-26T13:07:00"
Ecolab earnings meet market expectations at 0.82 USD,Earnings,"Ecolab earnings meet market expectations at 0.82 USDUnited States EarningsEcolab (ECL) released earnings per share at 0.82 USD, in line with market expectations.2022-04-26T12:46:31.313"
US Durable Goods Orders Rise Less than Expected,Durable Goods Orders,"US Durable Goods Orders Rise Less than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods increased 0.8 percent month-over-month in March of 2022, recovering from a downwardly revised 1.7 percent drop in the previous month but below market expectations of a 1 percent gain. Excluding transportation, new orders rose 1.1 percent (vs -0.5 percent in February); and excluding defense, new orders advanced 1.2 percent (vs -2.1 percent). Computers and electronic products, up two of the last three months, led the increase, up by $0.7 billion, or 2.6 percent, to $26.3 billion. Meanwhile, orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rose by 1 percent, rebounding from a 0.3 percent decrease in February and surpassing market expectations of a 0.5 percent increase.2022-04-26T12:36:00"
Northern earnings above expectations at 1.77 USD,Earnings,"Northern earnings above expectations at 1.77 USDUnited States EarningsNorthern (NTRS) released earnings per share at 1.77 USD, compared to market expectations of 1.66 USD.2022-04-26T12:16:43.38"
PACCAR earnings above expectations at 1.72 USD,Earnings,"PACCAR earnings above expectations at 1.72 USDUnited States EarningsPACCAR (PCAR) released earnings per share at 1.72 USD, compared to market expectations of 1.51 USD.2022-04-26T12:14:57.033"
Avery Dennison earnings above expectations at 2.40 USD,Earnings,"Avery Dennison earnings above expectations at 2.40 USDUnited States EarningsAvery Dennison (AVY) released earnings per share at 2.40 USD, compared to market expectations of 2.17 USD.2022-04-26T11:21:05.787"
Corning earnings above expectations at 0.54 USD,Earnings,"Corning earnings above expectations at 0.54 USDUnited States EarningsCorning (GLW) released earnings per share at 0.54 USD, compared to market expectations of 0.50 USD.2022-04-26T11:20:59.207"
Msci earnings above expectations at 2.98 USD,Earnings,"Msci earnings above expectations at 2.98 USDUnited States EarningsMsci (MSCI) released earnings per share at 2.98 USD, compared to market expectations of 2.77 USD.2022-04-26T11:20:52.367"
Valero Energy earnings above expectations at 2.31 USD,Earnings,"Valero Energy earnings above expectations at 2.31 USDUnited States EarningsValero Energy (VLO) released earnings per share at 2.31 USD, compared to market expectations of 1.67 USD.2022-04-26T11:20:45.827"
Roper Industries earnings above expectations at 3.77 USD,Earnings,"Roper Industries earnings above expectations at 3.77 USDUnited States EarningsRoper Industries (ROP) released earnings per share at 3.77 USD, compared to market expectations of 3.68 USD.2022-04-26T11:20:39.303"
Archer-Daniels Midland earnings above expectations at 1.90 USD,Earnings,"Archer-Daniels Midland earnings above expectations at 1.90 USDUnited States EarningsArcher-Daniels Midland (ADM) released earnings per share at 1.90 USD, compared to market expectations of 1.41 USD.2022-04-26T11:20:32.77"
Sherwin-Williams earnings above expectations at 1.61 USD,Earnings,"Sherwin-Williams earnings above expectations at 1.61 USDUnited States EarningsSherwin-Williams (SHW) released earnings per share at 1.61 USD, compared to market expectations of 1.54 USD.2022-04-26T11:20:24.167"
Waste Management earnings above expectations at 1.29 USD,Earnings,"Waste Management earnings above expectations at 1.29 USDUnited States EarningsWaste Management (WM) released earnings per share at 1.29 USD, compared to market expectations of 1.14 USD.2022-04-26T11:20:17.67"
Raytheon Technologies Corp earnings above expectations at 1.15 USD,Earnings,"Raytheon Technologies Corp earnings above expectations at 1.15 USDUnited States EarningsRaytheon Technologies Corp (RTX) released earnings per share at 1.15 USD, compared to market expectations of 1.01 USD.2022-04-26T11:20:11.573"
DR Horton earnings above expectations at 4.03 USD,Earnings,"DR Horton earnings above expectations at 4.03 USDUnited States EarningsDR Horton (DHI) released earnings per share at 4.03 USD, compared to market expectations of 3.38 USD.2022-04-26T10:46:48.163"
3M earnings above expectations at 2.65 USD,Earnings,"3M earnings above expectations at 2.65 USDUnited States Earnings3M (MMM) released earnings per share at 2.65 USD, compared to market expectations of 2.32 USD.2022-04-26T10:46:41.423"
General Electric earnings above expectations at 0.24 USD,Earnings,"General Electric earnings above expectations at 0.24 USDUnited States EarningsGeneral Electric (GE) released earnings per share at 0.24 USD, compared to market expectations of 0.19 USD.2022-04-26T10:46:35.077"
Entegris earnings above expectations at 1.06 USD,Earnings,"Entegris earnings above expectations at 1.06 USDUnited States EarningsEntegris (ENTG) released earnings per share at 1.06 USD, compared to market expectations of 0.99 USD.2022-04-26T10:17:50.737"
Centene earnings above expectations at 1.83 USD,Earnings,"Centene earnings above expectations at 1.83 USDUnited States EarningsCentene (CNC) released earnings per share at 1.83 USD, compared to market expectations of 1.68 USD.2022-04-26T10:17:17.967"
United Parcel Service earnings above expectations at 3.05 USD,Earnings,"United Parcel Service earnings above expectations at 3.05 USDUnited States EarningsUnited Parcel Service (UPS) released earnings per share at 3.05 USD, compared to market expectations of 2.89 USD.2022-04-26T10:16:48.513"
PepsiCo earnings above expectations at 1.29 USD,Earnings,"PepsiCo earnings above expectations at 1.29 USDUnited States EarningsPepsiCo (PEP) released earnings per share at 1.29 USD, compared to market expectations of 1.23 USD.2022-04-26T10:16:41.813"
Sun Communities earnings below expectations at 0.01 USD,Earnings,"Sun Communities earnings below expectations at 0.01 USDUnited States EarningsSun Communities (SUI) released earnings per share at 0.01 USD, compared to market expectations of 0.07 USD.2022-04-26T08:04:36.733"
Dollar Steadies After Strong Rally,Currency,"Dollar Steadies After Strong RallyUnited States CurrencyThe dollar index steadied around 101.7 on Tuesday after hitting a fresh 2-year high in the previous session, buoyed by expectations of faster Federal Reserve policy tightening and fears about the economic impact of China’s Covid-19 lockdowns. Fed Chair Jerome Powell said last week the central bank is committed to raising rates “expeditiously” to bring down inflation, and added that a 50-basis point rate increase was “on the table” for May. Investors are also monitoring a worsening Covid situation in China after authorities in Beijing expanded virus testing to most of the city, raising concerns about a lockdown of the capital. Moreover, Russia told the world not to underestimate the considerable risk of nuclear war it said it wanted to reduce and warned that conventional Western weapons were legitimate targets in Ukraine.2022-04-26T06:41:44.853"
Brown & Brown earnings above expectations at 0.77 USD,Earnings,"Brown & Brown earnings above expectations at 0.77 USDUnited States EarningsBrown & Brown (BRO) released earnings per share at 0.77 USD, compared to market expectations of 0.75 USD.2022-04-25T22:15:49.317"
Crown earnings above expectations at 2.01 USD,Earnings,"Crown earnings above expectations at 2.01 USDUnited States EarningsCrown (CCK) released earnings per share at 2.01 USD, compared to market expectations of 1.82 USD.2022-04-25T21:13:14.863"
Universal Health Services earnings below expectations at 2.15 USD,Earnings,"Universal Health Services earnings below expectations at 2.15 USDUnited States EarningsUniversal Health Services (UHS) released earnings per share at 2.15 USD, compared to market expectations of 2.48 USD.2022-04-25T20:42:40.63"
Packaging Of America earnings above expectations at 2.72 USD,Earnings,"Packaging Of America earnings above expectations at 2.72 USDUnited States EarningsPackaging Of America (PKG) released earnings per share at 2.72 USD, compared to market expectations of 2.51 USD.2022-04-25T20:42:34.063"
W.R. Berkley earnings above expectations at 1.10 USD,Earnings,"W.R. Berkley earnings above expectations at 1.10 USDUnited States EarningsW.R. Berkley (WRB) released earnings per share at 1.10 USD, compared to market expectations of 0.94 USD.2022-04-25T20:42:27.517"
Ameriprise Financial earnings above expectations at 5.98 USD,Earnings,"Ameriprise Financial earnings above expectations at 5.98 USDUnited States EarningsAmeriprise Financial (AMP) released earnings per share at 5.98 USD, compared to market expectations of 5.88 USD.2022-04-25T20:42:21.017"
Alexandria Real Estate Equities earnings below expectations at -0.96 USD,Earnings,"Alexandria Real Estate Equities earnings below expectations at -0.96 USDUnited States EarningsAlexandria Real Estate Equities (ARE) released earnings per share at -0.96 USD, compared to market expectations of 0.75 USD.2022-04-25T20:42:14.997"
Whirlpool earnings above expectations at 5.31 USD,Earnings,"Whirlpool earnings above expectations at 5.31 USDUnited States EarningsWhirlpool (WHR) released earnings per share at 5.31 USD, compared to market expectations of 4.82 USD.2022-04-25T20:11:29.367"
SBA Communications earnings above expectations at 1.72 USD,Earnings,"SBA Communications earnings above expectations at 1.72 USDUnited States EarningsSBA Communications (SBAC) released earnings per share at 1.72 USD, compared to market expectations of 1.00 USD.2022-04-25T20:11:08.883"
Cadence Design Systems earnings above expectations at 1.17 USD,Earnings,"Cadence Design Systems earnings above expectations at 1.17 USDUnited States EarningsCadence Design Systems (CDNS) released earnings per share at 1.17 USD, compared to market expectations of 1.02 USD.2022-04-25T20:11:02.687"
Wall Street Turns Positive,Stock Market,"Wall Street Turns Positive United States Stock MarketUS stocks pared losses on Monday as a retreat in bond yields boosted the tech stocks. The Dow  The Dow gained as many as 238 points, after being down almost 490 points earlier in the session, the Nasdaq was up 1.3% while the S&P 500 gained 0.6%. Stocks sunk at the open as investors remained concerned about Covid-19 lockdowns in China and inflation currently running at a 4-decades high, which has already prompted the Federal Reserve to signal big increases in the Fed funds rate this year. Among single stocks, Twitter shares climbed more than 6% after the board accepted Elon Musk’s offer to buy the social media company and take it private.2022-04-25T18:39:00"
Wall Street Trades Mostly Lower,Stock Market,"Wall Street Trades Mostly LowerUnited States Stock MarketUS stocks pared some losses on Monday but mostly remained in the negative territory with Dow Jones down more than 200 points in the afternoon trade, S&P declining almost 1%, and Nasdaq attempting to hold small gains. Investors remained concerned about Covid-19 lockdowns in China and inflation currently running at a 4-decades high, which has already prompted the Federal Reserve to signal big increases in the Fed funds rate this year. Among single stocks, Twitter shares climbed more than 6% on reports the company is in advance talks to sell itself to Elon Musk and a deal could be reached as soon as Monday. Meanwhile, financials and energy shares led the sell-off with crude oil prices retreating more than 6%.2022-04-25T17:44:00"
Wall Street Extends Losses,Stock Market,"Wall Street Extends Losses United States Stock MarketUS stocks extended losses on Monday, amid concerns about Covid-19 lockdowns in China and subsequent supply chain disruptions that could further spur inflation currently running at a 4-decades high, that has already prompted the Federal Reserve to signal big increases in the fed funds rate this year. Among single stocks, Twitter shares climbed on reports the company is in advance talks to sell itself to Elon Musk and a deal could be reached as soon as Monday. Equities of Coca-Cola also gained after it reported stronger-than-expected Q1 results. The Dow Jones lost more than 350 points to a 6-week low below 33,400, the S&P 500 was down over 1% and the Nasdaq 0.5%. 2022-04-25T13:33:00"
Coca-Cola earnings above expectations at 0.64 USD,Earnings,"Coca-Cola earnings above expectations at 0.64 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.64 USD, compared to market expectations of 0.58 USD.2022-04-25T13:30:25.843"
Activision Blizzard earnings below expectations at 0.64 USD,Earnings,"Activision Blizzard earnings below expectations at 0.64 USDUnited States EarningsActivision Blizzard (ATVI) released earnings per share at 0.64 USD, compared to market expectations of 0.71 USD.2022-04-25T12:21:32.86"
Otis Worldwide Corp earnings above expectations at 0.77 USD,Earnings,"Otis Worldwide Corp earnings above expectations at 0.77 USDUnited States EarningsOtis Worldwide Corp (OTIS) released earnings per share at 0.77 USD, compared to market expectations of 0.74 USD.2022-04-25T10:16:21.777"
US Yields Slip on Global Growth Concerns,Government Bond 10Y,"US Yields Slip on Global Growth ConcernsUnited States Government Bond 10YThe benchmark 10-year US yield bottomed around 2.80%, retreating from an over 3-year high of 2.98% hit last week, as concerns over global growth appeared to trump expectations of faster Federal Reserve policy tightening for now. Investors piled back into safe-haven bonds as fears grew that Beijing was on the verge of joining Shanghai in lockdowns to contain Covid-19, hurting growth in the world’s second-largest economy. Analysts also flagged concerns on whether the US and global economy can withstand an increasingly hawkish Fed and the commodity shock caused by the Russia-Ukraine war. Still, Fed Chair Jerome Powell indicated last week that the central bank is committed to raising rates “expeditiously” to bring down inflation and added that a 50-basis point interest rate increase was “on the table” for May.2022-04-25T08:23:00"
Wall Street Selloff Intensifies,Stock Market,"Wall Street Selloff Intensifies United States Stock MarketThe Dow lost over 800 points to hit a five-week low of around 34,000, while the S&P 500 and the Nasdaq declined 2.5% and 2.3%, respectively, as investors assessed hawkish remarks from the head of the Fed while digested a slew of corporate earnings results. When speaking as part of an IMF panel on Thursday, Powell made clear that the central bank remains committed to taming inflation, currently at 40-year highs, while opening the door for a 50bps interest rate hike in May. Such remarks triggered another rally in 10-year Treasury yields, which, in turn, spooked investors away from high-growth technology stocks. On corporate news, HCA Healthcare fell almost 20% after the hospital operator suggested that higher labour costs would carve into its financial results this year. Gap plummeted over 20% on news that its CEO is leaving the company this week. As a result, all three main US stock indexes are heading for a weekly decline.
2022-04-22T17:41:00"
US Services Sector Growth at 3-Month Low: S&P Global,Services PMI,"US Services Sector Growth at 3-Month Low: S&P GlobalUnited States Services PMIThe S&P Global US Services PMI fell to 54.7 in April of 2022 from 58 in March, the lowest in 3 months and well below forecasts of 58, a preliminary estimate showed. New business growth eased to a three-month low amid reports of labor and supply shortages and inflation dampening customer willingness to spend. The easing of travel restrictions allowed new export orders to tick higher again, as the rate of growth reached the fastest since data collection began in September 2014. Meanwhile, cost burdens continued to soar, as the rate of input price inflation accelerated to a series-record pace. In response, service providers hiked their selling prices at the steepest rate on record in an effort to pass through greater cost burdens. Employment growth was the second-fastest on record, as some services companies continued to highlight challenges fulfilling hiring requirements. Finally, business confidence dipped to the lowest level since October 2021.2022-04-22T14:02:06.99"
US Economic Upturn Eases in April: S&P Global,Composite PMI,"US Economic Upturn Eases in April: S&P GlobalUnited States Composite PMIThe S&P Global US Composite PMI registered 55.1 in April, down from 57.7 in March, a preliminary estimate showed. It was the lowest reading in 3 months due to the impact of inflation on customer spending. Although service providers recorded a softer upturn in activity, manufacturing firms noted the quickest uptick in production since last July. New orders growth eased from March’s 9-month high while new export orders expanded sharply and at the steepest pace since the series began in September 2014. April data indicated a series-record rise in input costs across the private sector as raw materials, fuel, transportation and wage bills ticked higher. In an effort to pass through higher cost burdens to clients, businesses signaled the steepest rise in output charges on record. Meanwhile, the rate of job creation was the second-fastest since May 2021. Finally, the level of business confidence over the coming year slipped to a six-month low.2022-04-22T13:53:00"
Kimberly Clark earnings above expectations at 1.35 USD,Earnings,"Kimberly Clark earnings above expectations at 1.35 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 1.35 USD, compared to market expectations of 1.23 USD.2022-04-22T11:47:56.12"
HCA earnings below expectations at 4.14 USD,Earnings,"HCA earnings below expectations at 4.14 USDUnited States EarningsHCA (HCA) released earnings per share at 4.14 USD, compared to market expectations of 4.31 USD.2022-04-22T11:47:49.47"
Verizon earnings meet market expectations at 1.35 USD,Earnings,"Verizon earnings meet market expectations at 1.35 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.35 USD, in line with market expectations.2022-04-22T11:47:43.417"
Cliffs Natural Resources earnings above expectations at 1.71 USD,Earnings,"Cliffs Natural Resources earnings above expectations at 1.71 USDUnited States EarningsCliffs Natural Resources (CLF) released earnings per share at 1.71 USD, compared to market expectations of 1.62 USD.2022-04-22T11:17:44.197"
Newmont Mining earnings below expectations at 0.69 USD,Earnings,"Newmont Mining earnings below expectations at 0.69 USDUnited States EarningsNewmont Mining (NEM) released earnings per share at 0.69 USD, compared to market expectations of 0.75 USD.2022-04-22T11:17:26.133"
American Express earnings above expectations at 2.73 USD,Earnings,"American Express earnings above expectations at 2.73 USDUnited States EarningsAmerican Express (AXP) released earnings per share at 2.73 USD, compared to market expectations of 2.40 USD.2022-04-22T11:17:19.073"
Regions Financial earnings above expectations at 0.55 USD,Earnings,"Regions Financial earnings above expectations at 0.55 USDUnited States EarningsRegions Financial (RF) released earnings per share at 0.55 USD, compared to market expectations of 0.48 USD.2022-04-22T10:15:51.35"
Dollar Firms Up as Hawkish Fed Supports,Currency,"Dollar Firms Up as Hawkish Fed SupportsUnited States CurrencyThe dollar index rose above 100.8 on Friday, recovering further from a 1-week low hit in the previous session, as investors digested hawkish remarks from Federal Reserve Chair Jerome Powell who hinted at more aggressive rate hikes ahead. Speaking at a panel hosted by the IMF on Thursday, Fed Chair Jerome Powell said the central bank is committed to raising rates “expeditiously” to bring down inflation, and added that a 50-basis point rate increase was “on the table” for May. Along with rate hikes, the Fed is also expected to start reducing its massive balance sheet soon, which consists of about $9 trillion-worth of Treasuries and mortgage-backed securities.Powell noted that other than pernicious inflation, the US economy is “very strong” otherwise, and characterized the labor market as “extremely tight.” The dollar index is set to gain for the third straight week.2022-04-22T07:25:08.947"
US Futures Extend Losses After Market Rout,Stock Market,"US Futures Extend Losses After Market RoutUnited States Stock MarketUS stock futures extended losses on Friday after an overnight rout on Wall Street, driven by hawkish remarks from Federal Reserve Chair Jerome Powell hinting a half-point rate hike was likely next month. Dow futures fell 0.4%, S&P 500 futures lost 0.5% and Nasdaq 100 futures dropped 0.6%. The moves followed a dramatic reversal on Thursday when the major averages wiped early gains and closed sharply lower. The Dow ended 1.1% lower, while the S&P 500 and Nasdaq Composite declined 1.5% and 2.1%, respectively. Speaking at a panel hosted by the IMF, Powell said a 50-basis point rate increase was “on the table” for May, and reiterated that Fed officials were committed to “front-end loading” inflation-fighting efforts. Meanwhile, the earnings season continues, with Snap rising slightly in after-hours trading on strong growth in daily users, while Gap plunged 11.6% amid the departure of its Old Navy division CEO.2022-04-22T01:22:00"
FirstEnergy earnings below expectations at 0.60 USD,Earnings,"FirstEnergy earnings below expectations at 0.60 USDUnited States EarningsFirstEnergy (FE) released earnings per share at 0.60 USD, compared to market expectations of 0.61 USD.2022-04-21T22:40:55.013"
SVB Financial earnings above expectations at 7.92 USD,Earnings,"SVB Financial earnings above expectations at 7.92 USDUnited States EarningsSVB Financial (SIVB) released earnings per share at 7.92 USD, compared to market expectations of 5.80 USD.2022-04-21T22:40:48.537"
PPG Industries earnings above expectations at 1.37 USD,Earnings,"PPG Industries earnings above expectations at 1.37 USDUnited States EarningsPPG Industries (PPG) released earnings per share at 1.37 USD, compared to market expectations of 1.12 USD.2022-04-21T22:40:42.03"
Snap earnings above expectations at -0.02 USD,Earnings,"Snap earnings above expectations at -0.02 USDUnited States EarningsSnap (SNAP) released earnings per share at -0.02 USD, compared to market expectations of -0.17 USD.2022-04-21T22:40:33.33"
Intuitive Surgical earnings above expectations at 1.13 USD,Earnings,"Intuitive Surgical earnings above expectations at 1.13 USDUnited States EarningsIntuitive Surgical (ISRG) released earnings per share at 1.13 USD, compared to market expectations of 1.08 USD.2022-04-21T22:40:27.243"
Dollar Regains Ground,Currency,"Dollar Regains Ground United States CurrencyThe dollar index consolidated above 100.6, not far from an over two-year high of 101 touched in the prior session, as investors increasingly bet the Fed will need to raise rates faster to rein in soaring inflation. Fed Chair Jerome Powell made clear when speaking as part of an International Monetary Fund panel that the central bank remains committed to taming inflation, currently at 40-year highs, while opening the door for a 50bps interest rate hike in May. Several Fed policymakers, including regional presidents Mary Daly of San Francisco, Charles Evans of Chicago and Raphael Bostic of Atlanta, echoed such a narrative this week. The Fed's stance contrasts with other banks worldwide, which either take a more dovish stance like the ECB or the BoJ or take an expansionary approach like the PBoC.2022-04-21T20:27:52.02"
Wall Street Ends Rollercoaster Session Sharply Lower,Stock Market,"Wall Street Ends Rollercoaster Session Sharply LowerUnited States Stock MarketWall Street turned an initial rally into a selloff, with the Dow finishing Thursday's session down more than 300 points while the S&P 500 and the Nasdaq fell 1.5% and 2.1%, respectively. Much of the initial enthusiasm over upbeat earnings faded while hawkish remarks from Fed Chair Powell spooked investors. When speaking as part of an International Monetary Fund panel, Powell made clear that the central bank remains committed to taming inflation, currently at 40-year highs, while opening the door for a 50bps interest rate hike in May. On the corporate side, Tesla jumped over 3% following the electric-car maker's upbeat earnings report, while United Airlines added 9% after the company forecasted a profit in 2022. 2022-04-21T20:02:00"
Wall Street Selloff Intensifies,Stock Market,"Wall Street Selloff Intensifies United States Stock MarketWall Street turned an initial rally into a selloff on Thursday afternoon, with the Dow erasing a 300-point gain to cross into negative territory, while the S&P 500 and the Nasdaq fell 0.7% and 1.1%, respectively. Much of the initial enthusiasm over upbeat earnings faded while prospects of an aggressive tightening spooked investors. Fed Chair Jerome Powell made clear when speaking as part of an International Monetary Fund panel that the central bank remains committed to taming inflation, currently at 40-year highs, while opening the door for a 50bps interest rate hike in May. The market movement came along with renewed selloff in bond markets, with the yield on the 10-year US Treasury note consolidating around 2.95%. On the corporate side, Tesla jumped nearly 5% following the electric-car maker's upbeat earnings report, while United Airlines added 11% after the company forecasted a profit in 2022. 2022-04-21T18:15:16.883"
US Bond Selloff Resumes,Government Bond 10Y,"US Bond Selloff Resumes  United States Government Bond 10YThe yield on the 10-year US Treasury note, which sets the tone for corporate and household borrowing costs worldwide, consolidated around 2.90%, not far from an over three-year high of 2.98% hit in the prior session, with investors pricing in chances of an increasingly hawkish Federal Reserve stance. Cementing such a view were increased inflationary pressures as annual inflation hit 8.5% in March, a new 40-year high. On top of that, when speaking as part of an International Monetary Fund panel, Powell made clear that the central bank remains committed to taming inflation while opening the door for a 50bps interest rate hike in May. Along with runaway inflation, the job market has been showing signs of being extremely tight, which, in turn, brought forward the expectations of sharper interest-rate hikes to cool an overheating economy.
2022-04-21T16:39:00"
Wall Street Reverses Gains,Stock Market,"Wall Street Reverses GainsUnited States Stock MarketUS stocks pared early gains around midday trading on Thursday, erasing a 300-point gain in the Dow Jones, while the S&P 500 and the Nasdaq crossed into negative territory. Much of the initial enthusiasm over upbeat earnings faded while soaring Treasury yields put renewed pressure on growth stocks. Tesla jumped over 5% following the electric-car maker's upbeat earnings report, while United Airlines added 11% after the company forecasted a profit in 2022. On the flip side, Discovery tumbled more than 8% following news of the company shutting down CNN+. Aside from one of the busiest weeks in the US earnings season, investors have been digesting comments from several Fed policymakers while awaiting Powell's speech or new clues on the central bank's policy outlook.2022-04-21T16:18:00"
Wall Street Gains Traction,Stock Market,"Wall Street Gains Traction United States Stock MarketThe Dow Jones added almost 200 points on Thursday morning, while the S&P 500 and Nasdaq advanced 0.4% and 0.6%, respectively, as investors digested the latest earnings reports while looking ahead to a speech from Fed Chair Powell. Tesla jumped over 10% following the electric-car maker's upbeat earnings report, while United Airlines added 9% after the company forecasted a profit in 2022. Aside from one of the busiest weeks in the US earnings season, investors have been digesting comments from several Fed policymakers while awaiting Powell's speech or new clues on the central bank's policy outlook. Meanwhile, the Fed's April Beige Book brought no surprises, pointing to solid economic activity, increased inflationary pressures and a tight job market. On the data front, initial jobless rose to 184,000 last week, moderately above the consensus forecast of 180,000.2022-04-21T13:32:00"
Genuine Parts earnings above expectations at 1.86 USD,Earnings,"Genuine Parts earnings above expectations at 1.86 USDUnited States EarningsGenuine Parts (GPC) released earnings per share at 1.86 USD, compared to market expectations of 1.68 USD.2022-04-21T12:50:22.217"
Philadelphia Factory Growth Slows in April,Philadelphia Fed Manufacturing Index,"Philadelphia Factory Growth Slows in AprilUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US fell to 17.6 in April of 2022 from 27.4 in March, below market expectations of 21, and pointing to a slowdown in manufacturing activity. The subindexes for shipments (19.1 vs 30.2) and new orders (17.8 vs 25.8) declined from last month but remained positive and price pressures intensified for both prices paid (84.6 vs 81, the highest since June of 1979) and received (55 vs 54.4). On the other hand, the employment index went up to a record of 41.4 from 38.9. Meanwhile, the future indicators for general activity fell by 15 points to 8.2, its lowest reading since December of 2008 and new orders also fell sharply, but overall the firms continued to expect growth over the next six months.2022-04-21T12:44:00"
East West Bancorp earnings above expectations at 1.66 USD,Earnings,"East West Bancorp earnings above expectations at 1.66 USDUnited States EarningsEast West Bancorp (EWBC) released earnings per share at 1.66 USD, compared to market expectations of 1.52 USD.2022-04-21T12:23:21.357"
Nucor earnings above expectations at 7.67 USD,Earnings,"Nucor earnings above expectations at 7.67 USDUnited States EarningsNucor (NUE) released earnings per share at 7.67 USD, compared to market expectations of 7.39 USD.2022-04-21T12:23:14.847"
Freeport-McMoran earnings above expectations at 1.07 USD,Earnings,"Freeport-McMoran earnings above expectations at 1.07 USDUnited States EarningsFreeport-McMoran (FCX) released earnings per share at 1.07 USD, compared to market expectations of 0.88 USD.2022-04-21T12:23:08.373"
Union Pacific earnings above expectations at 2.57 USD,Earnings,"Union Pacific earnings above expectations at 2.57 USDUnited States EarningsUnion Pacific (UNP) released earnings per share at 2.57 USD, compared to market expectations of 2.56 USD.2022-04-21T12:23:02.483"
Watsco earnings above expectations at 2.90 USD,Earnings,"Watsco earnings above expectations at 2.90 USDUnited States EarningsWatsco (WSO) released earnings per share at 2.90 USD, compared to market expectations of 1.76 USD.2022-04-21T11:48:33.267"
NextEra Energy earnings above expectations at 0.74 USD,Earnings,"NextEra Energy earnings above expectations at 0.74 USDUnited States EarningsNextEra Energy (NEE) released earnings per share at 0.74 USD, compared to market expectations of 0.68 USD.2022-04-21T11:48:27.343"
Quest Diagnostics earnings above expectations at 3.22 USD,Earnings,"Quest Diagnostics earnings above expectations at 3.22 USDUnited States EarningsQuest Diagnostics (DGX) released earnings per share at 3.22 USD, compared to market expectations of 3.03 USD.2022-04-21T11:18:20.467"
Pool earnings above expectations at 4.41 USD,Earnings,"Pool earnings above expectations at 4.41 USDUnited States EarningsPool (POOL) released earnings per share at 4.41 USD, compared to market expectations of 3.13 USD.2022-04-21T11:18:13.927"
Huntington Bancshares earnings above expectations at 0.32 USD,Earnings,"Huntington Bancshares earnings above expectations at 0.32 USDUnited States EarningsHuntington Bancshares (HBAN) released earnings per share at 0.32 USD, compared to market expectations of 0.29 USD.2022-04-21T11:18:07.39"
Tractor Supply earnings above expectations at 1.65 USD,Earnings,"Tractor Supply earnings above expectations at 1.65 USDUnited States EarningsTractor Supply (TSCO) released earnings per share at 1.65 USD, compared to market expectations of 1.40 USD.2022-04-21T11:18:00.68"
Marsh & McLennan Companies earnings above expectations at 2.30 USD,Earnings,"Marsh & McLennan Companies earnings above expectations at 2.30 USDUnited States EarningsMarsh & McLennan Companies (MMC) released earnings per share at 2.30 USD, compared to market expectations of 2.16 USD.2022-04-21T11:17:53.987"
Blackstone earnings above expectations at 1.55 USD,Earnings,"Blackstone earnings above expectations at 1.55 USDUnited States EarningsBlackstone (BX) released earnings per share at 1.55 USD, compared to market expectations of 1.19 USD.2022-04-21T11:17:38.84"
Philip Morris International earnings above expectations at 1.56 USD,Earnings,"Philip Morris International earnings above expectations at 1.56 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.56 USD, compared to market expectations of 1.50 USD.2022-04-21T11:17:32.92"
Snap-On earnings above expectations at 4.00 USD,Earnings,"Snap-On earnings above expectations at 4.00 USDUnited States EarningsSnap-On (SNA) released earnings per share at 4.00 USD, compared to market expectations of 3.67 USD.2022-04-21T10:46:52.137"
KEY earnings below expectations at 0.45 USD,Earnings,"KEY earnings below expectations at 0.45 USDUnited States EarningsKEY (KEY) released earnings per share at 0.45 USD, compared to market expectations of 0.49 USD.2022-04-21T10:46:45.647"
Dover earnings above expectations at 1.90 USD,Earnings,"Dover earnings above expectations at 1.90 USDUnited States EarningsDover (DOV) released earnings per share at 1.90 USD, compared to market expectations of 1.83 USD.2022-04-21T10:46:39.043"
AT&T earnings above expectations at 0.77 USD,Earnings,"AT&T earnings above expectations at 0.77 USDUnited States EarningsAT&T (T) released earnings per share at 0.77 USD, compared to market expectations of 0.75 USD.2022-04-21T10:46:26.317"
Dow Chemical earnings above expectations at 2.34 USD,Earnings,"Dow Chemical earnings above expectations at 2.34 USDUnited States EarningsDow Chemical (DOW) released earnings per share at 2.34 USD, compared to market expectations of 2.01 USD.2022-04-21T10:15:54.793"
Danaher earnings above expectations at 2.76 USD,Earnings,"Danaher earnings above expectations at 2.76 USDUnited States EarningsDanaher (DHR) released earnings per share at 2.76 USD, compared to market expectations of 2.66 USD.2022-04-21T10:15:42.623"
United Airlines Holdings earnings below expectations at -4.24 USD,Earnings,"United Airlines Holdings earnings below expectations at -4.24 USDUnited States EarningsUnited Airlines Holdings (UAL) released earnings per share at -4.24 USD, compared to market expectations of -4.14 USD.2022-04-20T20:36:45.283"
Alcoa earnings above expectations at 3.06 USD,Earnings,"Alcoa earnings above expectations at 3.06 USDUnited States EarningsAlcoa (AA) released earnings per share at 3.06 USD, compared to market expectations of 2.79 USD.2022-04-20T20:36:38.773"
Steel Dynamics earnings above expectations at 5.71 USD,Earnings,"Steel Dynamics earnings above expectations at 5.71 USDUnited States EarningsSteel Dynamics (STLD) released earnings per share at 5.71 USD, compared to market expectations of 5.42 USD.2022-04-20T20:36:28.173"
Equifax earnings above expectations at 2.22 USD,Earnings,"Equifax earnings above expectations at 2.22 USDUnited States EarningsEquifax (EFX) released earnings per share at 2.22 USD, compared to market expectations of 2.16 USD.2022-04-20T20:36:19.633"
Kinder Morgan earnings above expectations at 0.32 USD,Earnings,"Kinder Morgan earnings above expectations at 0.32 USDUnited States EarningsKinder Morgan (KMI) released earnings per share at 0.32 USD, compared to market expectations of 0.28 USD.2022-04-20T20:36:13.093"
Lam Research earnings below expectations at 7.40 USD,Earnings,"Lam Research earnings below expectations at 7.40 USDUnited States EarningsLam Research (LRCX) released earnings per share at 7.40 USD, compared to market expectations of 7.56 USD.2022-04-20T20:36:06.567"
Crown Castle International earnings above expectations at 0.97 USD,Earnings,"Crown Castle International earnings above expectations at 0.97 USDUnited States EarningsCrown Castle International (CCI) released earnings per share at 0.97 USD, compared to market expectations of 0.94 USD.2022-04-20T20:35:59.96"
Tesla earnings above expectations at 3.22 USD,Earnings,"Tesla earnings above expectations at 3.22 USDUnited States EarningsTesla (TSLA) released earnings per share at 3.22 USD, compared to market expectations of 2.24 USD.2022-04-20T20:35:45.97"
CSX earnings above expectations at 0.39 USD,Earnings,"CSX earnings above expectations at 0.39 USDUnited States EarningsCSX (CSX) released earnings per share at 0.39 USD, compared to market expectations of 0.38 USD.2022-04-20T20:04:27.433"
US Bond Selloff Pauses for Breath,Government Bond 10Y,"US Bond Selloff Pauses for Breath  United States Government Bond 10YThe yield on the 10-year US Treasury note, which sets the tone for corporate and household borrowing costs worldwide, bottomed around 2.89% as investors took a breather after a recent selloff that sent yields above 2.94% for the first time since December 2018, with markets pricing chances of an increasingly hawkish Federal Reserve stance. Cementing such a view were increased inflationary pressures as annual inflation hit 8.5% in March, a new 40-year high. Earlier this week, Louis Fed President James Bullard echoed the Fed's intention to tighter monetary policy, saying that hikes of 75bps could be necessary to tame inflation. Along with runaway inflation, the job market has been showing signs of being extremely tight, which, in turn, brought forward the expectations of sharper interest-rate hikes to cool an overheating economy.2022-04-20T14:57:00"
US Crude Inventories Fall the Most in 16 Months,Crude Oil Stocks Change,"US Crude Inventories Fall the Most in 16 MonthsUnited States Crude Oil Stocks ChangeUS crude oil inventories tumbled 8.02 million barrels to 413.7 million barrels in the week ended April 15th, the most since January of 2021 and compared with market expectations for a 2.471 million increase. Crude stocks at the Cushing, Oklahoma, went down by 0.185 million barrels. Also, gasoline stocks fell by 0.761 million barrels to 232.4 million barrels, less than forecasts for a 0.976 million drop; and distillate stockpiles which include diesel and heating oil declined by 2.664 million barrels to 108.7 million barrels, compared to expectations for a 0.829 million barrel fall.2022-04-20T14:37:00"
Anthem earnings above expectations at 8.25 USD,Earnings,"Anthem earnings above expectations at 8.25 USDUnited States EarningsAnthem (ANTM) released earnings per share at 8.25 USD, compared to market expectations of 7.85 USD.2022-04-20T12:45:40.38"
Abbott earnings above expectations at 1.73 USD,Earnings,"Abbott earnings above expectations at 1.73 USDUnited States EarningsAbbott (ABT) released earnings per share at 1.73 USD, compared to market expectations of 1.47 USD.2022-04-20T11:48:19.527"
Comerica earnings below expectations at 1.37 USD,Earnings,"Comerica earnings below expectations at 1.37 USDUnited States EarningsComerica (CMA) released earnings per share at 1.37 USD, compared to market expectations of 1.38 USD.2022-04-20T11:17:54.35"
Nasdaq Omx earnings above expectations at 1.97 USD,Earnings,"Nasdaq Omx earnings above expectations at 1.97 USDUnited States EarningsNasdaq Omx (NDAQ) released earnings per share at 1.97 USD, compared to market expectations of 1.93 USD.2022-04-20T11:17:40.617"
Baker Hughes Co earnings below expectations at 0.15 USD,Earnings,"Baker Hughes Co earnings below expectations at 0.15 USDUnited States EarningsBaker Hughes Co (BKR) released earnings per share at 0.15 USD, compared to market expectations of 0.20 USD.2022-04-20T11:17:33.793"
Procter & Gamble earnings above expectations at 1.33 USD,Earnings,"Procter & Gamble earnings above expectations at 1.33 USDUnited States EarningsProcter & Gamble (PG) released earnings per share at 1.33 USD, compared to market expectations of 1.29 USD.2022-04-20T11:12:03.827"
MarketAxess earnings below expectations at 1.71 USD,Earnings,"MarketAxess earnings below expectations at 1.71 USDUnited States EarningsMarketAxess (MKTX) released earnings per share at 1.71 USD, compared to market expectations of 1.75 USD.2022-04-20T10:46:25.837"
M&T Bank earnings above expectations at 2.73 USD,Earnings,"M&T Bank earnings above expectations at 2.73 USDUnited States EarningsM&T Bank (MTB) released earnings per share at 2.73 USD, compared to market expectations of 2.39 USD.2022-04-20T10:46:18.843"
Dollar Remains Strong,Currency,"Dollar Remains StrongUnited States CurrencyThe dollar index was around 100, after breaking the 101 mark for the first time since March 2020 on Tuesday, as the bond sell-off continues and investors increasingly bet the Fed will need to raise rates faster to rein in soaring inflation. Comments from Fed officials this week including those from St. Louis Fed President James Bullard and Minneapolis Fed President Neel Kashkari pushed expectations of faster tightening even higher. The Fed's stance contrasts to other banks around the world which either take a more dovish stance like the ECB or the BoJ or take an expansionary approach like the PBoC. 2022-04-20T09:57:00"
"US Futures Fall as Yields Climb, Netflix Tanks",Stock Market,"US Futures Fall as Yields Climb, Netflix TanksUnited States Stock MarketUS stock futures retreated on Wednesday as Treasury yields climbed higher on expectations of a more aggressive Federal Reserve tightening to tame soaring inflation, while Netflix tanked on disappointing results. Dow futures inched lower by 0.1%, while S&P 500 and Nasdaq 100 futures fell 0.4% and 1%, respectively. Netflix plummeted 25% in extended trading after reporting a loss of 200,000 subscribers in the 1st quarter, losing customers for the first time since 2011. Meanwhile, the benchmark 10-year US yield topped 2.97% to its highest since December 2018, further pressuring equity markets. The moves in the futures markets came after Wall Street rallied in regular trading on Tuesday as investors focused on the earnings season. The Dow gained 1.5%, the S&P 500 jumped 1.6% and the Nasdaq rallied 2.2%. Companies slated to report earnings on Wednesday include Procter & Gamble, Tesla and United Airlines, among others.2022-04-20T00:45:00"
First Horizon National earnings above expectations at 0.38 USD,Earnings,"First Horizon National earnings above expectations at 0.38 USDUnited States EarningsFirst Horizon National (FHN) released earnings per share at 0.38 USD, compared to market expectations of 0.32 USD.2022-04-19T20:36:03.31"
Rexford Industrial Realty earnings above expectations at 0.27 USD,Earnings,"Rexford Industrial Realty earnings above expectations at 0.27 USDUnited States EarningsRexford Industrial Realty (REXR) released earnings per share at 0.27 USD, compared to market expectations of 0.19 USD.2022-04-19T20:35:55.92"
Omnicom earnings above expectations at 1.39 USD,Earnings,"Omnicom earnings above expectations at 1.39 USDUnited States EarningsOmnicom (OMC) released earnings per share at 1.39 USD, compared to market expectations of 1.31 USD.2022-04-19T20:35:48.9"
IBM earnings above expectations at 1.40 USD,Earnings,"IBM earnings above expectations at 1.40 USDUnited States EarningsIBM (IBM) released earnings per share at 1.40 USD, compared to market expectations of 1.39 USD.2022-04-19T20:35:35.233"
Interactive Brokers earnings below expectations at 0.64 USD,Earnings,"Interactive Brokers earnings below expectations at 0.64 USDUnited States EarningsInteractive Brokers (IBKR) released earnings per share at 0.64 USD, compared to market expectations of 0.82 USD.2022-04-19T20:05:07.59"
Netflix earnings above expectations at 3.53 USD,Earnings,"Netflix earnings above expectations at 3.53 USDUnited States EarningsNetflix (NFLX) released earnings per share at 3.53 USD, compared to market expectations of 2.95 USD.2022-04-19T20:04:51.337"
Dollar Index Hits 24-month High,currency,"Dollar Index Hits 24-month HighUnited States currencyThe dollar index broke the 101 mark for the first time since March 2020 on Tuesday, underpinned by soaring US Treasury yields, as investors braced for multiple half-point rate hikes from the Federal Reserve as it seeks to rein in soaring inflation. St. Louis Fed President James Bullard, a noted hawk, said Monday US inflation is ""far too high"" as he repeated his case for increasing interest rates to 3.5% by the end of the year. The Fed raised its target policy rate by 25 basis points last month, and its forecasts released at the time showed policymakers expected rates to rise to 1.9% by year-end. Bullard's preferred rate path would require half-point rate hikes at all six of the Fed's remaining meetings this year. The dollar also gained on expectations of good economic data, with analysts pointing to the US economy's outperformance relative to other major economies amid global headwinds.
2022-04-19T19:35:00"
ProLogis earnings above expectations at 1.54 USD,Earnings,"ProLogis earnings above expectations at 1.54 USDUnited States EarningsProLogis (PLD) released earnings per share at 1.54 USD, compared to market expectations of 0.67 USD.2022-04-19T12:19:06.2"
Lockheed Martin earnings above expectations at 6.44 USD,Earnings,"Lockheed Martin earnings above expectations at 6.44 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 6.44 USD, compared to market expectations of 6.21 USD.2022-04-19T11:48:09.407"
Halliburton earnings above expectations at 0.35 USD,Earnings,"Halliburton earnings above expectations at 0.35 USDUnited States EarningsHalliburton (HAL) released earnings per share at 0.35 USD, compared to market expectations of 0.34 USD.2022-04-19T11:17:27.827"
Travelers Companies earnings above expectations at 4.22 USD,Earnings,"Travelers Companies earnings above expectations at 4.22 USDUnited States EarningsTravelers Companies (TRV) released earnings per share at 4.22 USD, compared to market expectations of 3.43 USD.2022-04-19T11:17:21.517"
US 10-Year Treasury Note Yield Hits Over 3-Year High,Government Bond 10Y,"US 10-Year Treasury Note Yield Hits Over 3-Year HighUnited States Government Bond 10YThe yield on the 10-year US Treasury note, which sets the tone for corporate and household borrowing costs worldwide, hit an over three-year high of 2.91% before capping gains at 2.89%, with investors pricing chances of an increasingly hawkish Federal Reserve stance and elevated inflationary pressure. Fed’s Bullard, a known hawk, said he wouldn’t rule out a 75 bps rate hike, although his case was for a 50 bps increase, which is increasingly becoming the more likely decision at the next interest rate decision. Investors have been increasingly betting on the scenario of two consecutive 50 bps rate hikes in the Federal Reserve funds rate, in May and June. Along with runaway inflation, the job market has been showing signs of being extremely tight, which also brought forward the expectations of sharper interest-rate hikes to cool an overheating economy.2022-04-19T11:05:00"
Hasbro earnings below expectations at 0.57 USD,Earnings,"Hasbro earnings below expectations at 0.57 USDUnited States EarningsHasbro (HAS) released earnings per share at 0.57 USD, compared to market expectations of 0.64 USD.2022-04-19T10:46:35.563"
Citizens Financial earnings above expectations at 1.07 USD,Earnings,"Citizens Financial earnings above expectations at 1.07 USDUnited States EarningsCitizens Financial (CFG) released earnings per share at 1.07 USD, compared to market expectations of 0.91 USD.2022-04-19T10:46:28.923"
Fifth Third Bancorp earnings below expectations at 0.68 USD,Earnings,"Fifth Third Bancorp earnings below expectations at 0.68 USDUnited States EarningsFifth Third Bancorp (FITB) released earnings per share at 0.68 USD, compared to market expectations of 0.70 USD.2022-04-19T10:46:21.59"
Johnson & Johnson earnings above expectations at 2.67 USD,Earnings,"Johnson & Johnson earnings above expectations at 2.67 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.67 USD, compared to market expectations of 2.59 USD.2022-04-19T10:46:15.083"
Truist Financial Corp earnings above expectations at 1.23 USD,Earnings,"Truist Financial Corp earnings above expectations at 1.23 USDUnited States EarningsTruist Financial Corp (TFC) released earnings per share at 1.23 USD, compared to market expectations of 0.93 USD.2022-04-19T10:16:59.453"
Signature Bank earnings above expectations at 5.30 USD,Earnings,"Signature Bank earnings above expectations at 5.30 USDUnited States EarningsSignature Bank (SBNY) released earnings per share at 5.30 USD, compared to market expectations of 4.30 USD.2022-04-19T09:13:16.843"
Equity Lifestyle Properties earnings above expectations at 0.72 USD,Earnings,"Equity Lifestyle Properties earnings above expectations at 0.72 USDUnited States EarningsEquity Lifestyle Properties (ELS) released earnings per share at 0.72 USD, compared to market expectations of 0.41 USD.2022-04-18T20:36:16.077"
J B Hunt Transport Services earnings above expectations at 2.29 USD,Earnings,"J B Hunt Transport Services earnings above expectations at 2.29 USDUnited States EarningsJ B Hunt Transport Services (JBHT) released earnings per share at 2.29 USD, compared to market expectations of 1.93 USD.2022-04-18T20:36:10.03"
S&P 500 Hits 4-week Low,Stock Market,S&P 500 Hits 4-week LowUnited States Stock MarketUS500 decreased to a 4-week low of 43812022-04-18T15:39:25.377
NASDAQ 100 Hits 4-week Low,Stock Market,NASDAQ 100 Hits 4-week LowUnited States Stock MarketUSNDX decreased to a 4-week low of 138532022-04-18T13:30:04.77
Charles Schwab earnings below expectations at 0.77 USD,Earnings,"Charles Schwab earnings below expectations at 0.77 USDUnited States EarningsCharles Schwab (SCHW) released earnings per share at 0.77 USD, compared to market expectations of 0.84 USD.2022-04-18T12:50:24.247"
Bank Of New York Mellon earnings below expectations at 0.86 USD,Earnings,"Bank Of New York Mellon earnings below expectations at 0.86 USDUnited States EarningsBank Of New York Mellon (BK) released earnings per share at 0.86 USD, compared to market expectations of 0.88 USD.2022-04-18T10:46:28.223"
Bank Of America earnings above expectations at 0.80 USD,Earnings,"Bank Of America earnings above expectations at 0.80 USDUnited States EarningsBank Of America (BAC) released earnings per share at 0.80 USD, compared to market expectations of 0.75 USD.2022-04-18T10:46:21.717"
Synchrony Financial earnings above expectations at 1.77 USD,Earnings,"Synchrony Financial earnings above expectations at 1.77 USDUnited States EarningsSynchrony Financial (SYF) released earnings per share at 1.77 USD, compared to market expectations of 1.55 USD.2022-04-18T10:15:21.773"
US 10Y Treasury Note Yield at Over 3-Year High,Government Bond 10Y,"US 10Y Treasury Note Yield at Over 3-Year HighUnited States Government Bond 10YThe US yield on the 10-year note, which sets the tone for corporate and household borrowing costs worldwide, rose past 2.86%, a level not seen since late 2018, on the back of heightened inflation woes and prospects of an aggressive hawkish shift in the Fed’s stance. Investors have been increasingly betting on the scenario of two consecutive 50 bps rate hikes in the Federal Reserve funds rate, in May and June. The case for such moves has been strengthened by recent comments from Fed governors and policymakers arguing for a sustained tightening in monetary policy, after data showed consumer prices rising the most in four decades last month and producer prices climbing at the fastest pace since 2010. Along with runaway inflation, the job market has been showing signs of being extremely tight, which also brought forward the expectations of sharper interest-rate hikes to cool an overheating economy.2022-04-18T10:02:20.35"
Week Ahead,Economic Optimism Index,"Week AheadUnited States Economic Optimism IndexThe earnings season in the US would enter a busy phase with financials and several large companies due to report. The week will be also busy with data releases including flash services and manufacturing PMI’ for major economies, and several housing indicators for US and China GDP growth for Q1. Meanwhile, a war in Ukraine will again keep the commodity prices volatile.2022-04-16T11:48:00"
US Manufacturing Production Rises More than Expected,Manufacturing Production MoM,"US Manufacturing Production Rises More than ExpectedUnited States Manufacturing Production MoMProduction in US factories rose 0.9% from a month earlier in March of 2022, more than forecasts of a 0.6% gain but slowing from February’s 4-month high of 1.2%. The indexes for durable and nondurable manufacturing increased 1.3% and 0.4%, respectively, while the output of other manufacturing (publishing and logging) moved up 0.2%. Excluding the large gain in motor vehicles and parts, the output of durable goods increased 0.4% in March, with most industries posting gains; only nonmetallic mineral products, primary metals, and furniture and related products recorded decreases. Increases were posted by all nondurable goods industries except for textile and product mills, paper, and printing and support; the largest rise (1.1%) was registered by plastics and rubber products. Meanwhile, capacity utilization at factories increased to 78.7%, rising above its long-run average of 78.1% for the first time since August 2018.2022-04-15T13:30:00"
Treasury Yields Resume Rally,Government Bond 10Y,"Treasury Yields Resume Rally United States Government Bond 10YThe US yield on the 10-year note, which sets the tone for corporate and household borrowing costs worldwide, moved to around 2.80%, approaching an over three-year high of 2.83% hit earlier this week. Investors have been adjusting portfolios to price in the higher possibility of the Federal Reserve raising interest rates by a 50-bps hike in May. Cementing such a view were increased inflationary pressures as annual inflation hit 8.5% in March, a new 40-year high, and while core inflation eased, markets will wait for further data to gauge if inflation is peaking. Along with runaway inflation, the job market has been showing signs of being extremely tight, which, in turn, brought forward the expectations of sharper interest-rate hikes to cool an overheating economy. 2022-04-14T14:29:39.37"
US Business Inventories Beat Forecasts,Business Inventories,"US Business Inventories Beat ForecastsUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 1.5 percent from a month earlier in February of 2022, quickening from an upwardly revised 1.3 percent increase in the prior month and beating market expectations of a 1.3 percent advance. Stocks mostly expanded among merchant wholesalers (2.5 percent vs 1.2 percent in January), followed by retailers (1.2 percent vs 2.0 percent) and manufacturers (0.6 percent vs 0.8 percent). Year-on-year, business inventories climbed 12.4 percent in February.
2022-04-14T14:03:03.687"
Progressive earnings below expectations at 0.52 USD,Earnings,"Progressive earnings below expectations at 0.52 USDUnited States EarningsProgressive (PGR) released earnings per share at 0.52 USD, compared to market expectations of 1.24 USD.2022-04-14T12:51:15.437"
US Import Prices Rise the Most Since 2011,Import Prices MoM,"US Import Prices Rise the Most Since 2011United States Import Prices MoMThe price index for US imports jumped 2.6 percent from a month earlier in March of 2022, the most since April 2011, following a revised 1.6 percent increase in February and above market expectations of 2.3 percent. Prices for import fuel advanced 14.6 percent in March, the largest one-month advance since July 2020, driven by higher petroleum prices. Meantime, Nonfuel import prices increased 1.2 percent, led by higher prices for nonfuel industrial supplies and materials, capital goods, consumer goods, and foods, feeds, and beverages. On a yearly basis, US import prices advanced 12.5 percent in March.
2022-04-14T12:44:00"
US Export Prices Rise the Most on Record,Export Prices MoM,"US Export Prices Rise the Most on RecordUnited States Export Prices MoMUS export prices rose 4.5 percent from a month earlier in March of 2022, accelerating from the 3 percent increase in February and well above market estimates of a 2.2 percent increase. It was the largest monthly rise since one-month percent changes were first published in January of 1989. Prices for agricultural exports jumped by 4.7 percent, following an upwardly revised 2.9 percent rise in the prior month, underpinned by higher prices for soybeans, wheat, and corn due to supply shocks caused by the war in Ukraine. At the same time, exports excluding agriculture advanced 4.5 percent, compared to a 3 percent rise in February, lifted by nonagricultural industrial supplies and materials, capital goods, consumer goods, and automotive vehicles. On a yearly basis, US exports advanced 18.8 percent in March.2022-04-14T12:35:00"
Citigroup earnings above expectations at 2.02 USD,Earnings,"Citigroup earnings above expectations at 2.02 USDUnited States EarningsCitigroup (C) released earnings per share at 2.02 USD, compared to market expectations of 1.51 USD.2022-04-14T12:20:02.567"
Ally Financial earnings above expectations at 2.03 USD,Earnings,"Ally Financial earnings above expectations at 2.03 USDUnited States EarningsAlly Financial (ALLY) released earnings per share at 2.03 USD, compared to market expectations of 1.95 USD.2022-04-14T11:49:18.827"
State Street earnings above expectations at 1.59 USD,Earnings,"State Street earnings above expectations at 1.59 USDUnited States EarningsState Street (STT) released earnings per share at 1.59 USD, compared to market expectations of 1.50 USD.2022-04-14T11:49:12.273"
Goldman Sachs earnings above expectations at 10.76 USD,Earnings,"Goldman Sachs earnings above expectations at 10.76 USDUnited States EarningsGoldman Sachs (GS) released earnings per share at 10.76 USD, compared to market expectations of 8.97 USD.2022-04-14T11:49:05.747"
Morgan Stanley earnings above expectations at 2.06 USD,Earnings,"Morgan Stanley earnings above expectations at 2.06 USDUnited States EarningsMorgan Stanley (MS) released earnings per share at 2.06 USD, compared to market expectations of 1.75 USD.2022-04-14T11:48:59.617"
PNC earnings above expectations at 3.29 USD,Earnings,"PNC earnings above expectations at 3.29 USDUnited States EarningsPNC (PNC) released earnings per share at 3.29 USD, compared to market expectations of 2.89 USD.2022-04-14T11:18:03.427"
US Bancorp earnings above expectations at 0.99 USD,Earnings,"US Bancorp earnings above expectations at 0.99 USDUnited States EarningsUS Bancorp (USB) released earnings per share at 0.99 USD, compared to market expectations of 0.95 USD.2022-04-14T11:17:55.66"
Wells Fargo earnings above expectations at 0.88 USD,Earnings,"Wells Fargo earnings above expectations at 0.88 USDUnited States EarningsWells Fargo (WFC) released earnings per share at 0.88 USD, compared to market expectations of 0.82 USD.2022-04-14T11:17:49.463"
US Stock Futures Mostly Muted,Stock Market,"US Stock Futures Mostly MutedUnited States Stock MarketUS stock futures tracking the broader market were little changed Thursday morning as investors await earnings reports from big banks and a slew of data releases in the US calendar, including March retail sales figures and jobless claims numbers. Wells Fargo, Goldman Sachs, Morgan Stanley and Citigroup will post their first-quarter earnings, with markets looking for how banks performed against macro headwinds, mainly soaring Treasury yields. Meanwhile, Twitter Inc surged over 10% in premarket trading after Elon Musk launched a $43-billion hostile takeover of the social media company. In regular trading on Wednesday, all three major averages rebounded as investors continued to shrug off mounting inflationary pressures. The Dow advanced 1% after two losing days, while the S&P 500 and Nasdaq Composite jumped 1.1% and 2%, respectively, each snapping a three-day decline.2022-04-14T10:28:00"
UnitedHealth earnings above expectations at 5.49 USD,Earnings,"UnitedHealth earnings above expectations at 5.49 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 5.49 USD, compared to market expectations of 5.36 USD.2022-04-14T10:15:42.27"
Dollar Eases as Treasury Yields Retreat,Currency,"Dollar Eases as Treasury Yields RetreatUnited States CurrencyThe dollar index weakened below 99.8 on Thursday after retreating from a near 2-year high of 100.5 hit in the previous session, tracking declines in Treasury yields as traders scaled back aggressive bets on faster Federal Reserve interest rate hikes. Investors also shrugged off the latest US CPI report at least momentarily amid signs that inflation may be peaking, with US core consumer prices showing slower increases. Still, the dollar remained at elevated levels against major peers on prospects of a more aggressive US monetary policy tightening to tame surging inflation. Fed Governor Lael Brainard also said the central bank will raise rates expeditiously to reduce soaring inflation and expressed confidence in its ability to moderate price pressures without triggering an economic downturn.2022-04-14T06:13:50.69"
US Futures Steady Ahead of Bank Earnings,Stock Market,"US Futures Steady Ahead of Bank EarningsUnited States Stock MarketUS stock futures were little changed in Asian trade on Thursday after a strong overnight finish on Wall Street, as investors awaited quarterly earnings reports from big US banks like Citigroup and Wells Fargo. Dow and S&P 500 futures ticked higher by 0.05%, while Nasdaq 100 futures inched up 0.1%. In regular trading on Wednesday, the major averages rebounded sharply as investors shrugged off the latest CPI report, which showed inflation levels not seen since 1981. The Dow advanced 1% after two losing days, while the S&P 500 and Nasdaq Composite jumped 1.1% and 2%, respectively, each snapping a three-day decline. The market gains also came after an initial batch of better-than-expected quarterly results from companies including Delta, Fastenal and BlackRock. Analysts argued that investors will have to see how resilient markets and earnings will be given the inflationary and geopolitical risks.2022-04-14T01:21:00"
US Dollar Falters Late Wednesday,Currency,"US Dollar Falters Late WednesdayUnited States CurrencyThe dollar index faltered from a near two-year high of 100.5 hit early this session to trade lower at 99.85 on Wednesday late trades, as the greenback lost to the euro ahead of the ECB meeting. Still, the US dollar remained historically elevated on prospects of an aggressive tightening by the Federal Reserve. Fed Governor Brainard’s said that despite the welcoming signs of cooling in US consumer price inflation, the central bank was still determined to substantially shrink its asset sheet and raise interest rates several times. These remarks reassured investors that the Fed would continue to pursue what the FOMC minutes had recently shown: a 50bps rate hike next month and a monthly reduction of $95 billion in the Fed’s asset sheet.2022-04-13T22:41:00"
US Crude Inventories Rise the Most in Over 1-Year,Crude Oil Stocks Change,"US Crude Inventories Rise the Most in Over 1-YearUnited States Crude Oil Stocks ChangeUS crude oil inventories jumped by 9.382 million barrels to 421.8 million barrels in the week ended April 8th, the most since March 2021 and above market expectations for a 0.863 million increase. Crude stocks at the Cushing, Oklahoma, went up by 0.45 million barrels, the second consecutive week of increases. Meanwhile, gasoline stocks fell by 3.649 million barrels to 233.1 million barrels, more than forecasts for a 0.388 million drop; and distillate stockpiles which include diesel and heating oil declined by 2.902 million barrels to 111.4 million barrels, compared to expectations for a 0.515 million barrel fall.2022-04-13T14:40:42.853"
US Core PPI Rises More than Expected,Core Producer Prices MoM,"US Core PPI Rises More than ExpectedUnited States Core Producer Prices MoMThe producer price index for final demand less foods and energy in the United States rose 1 percent from a month earlier in March 2022, accelerating from an upwardly revised 0.4 percent increase in February and well above market expectations of 0.5 percent. Year-on-year, core producer prices surged by a record 9.2 percent, compared to forecasts of 8.4 percent.2022-04-13T12:35:00"
Wall Street Poised to Rebound at Open,Stock Market,"Wall Street Poised to Rebound at OpenUnited States Stock MarketStock futures contracts tied to the three major indices were up over 0.5%, as investors digested the latest reading of US inflation data while awaiting a slew of earnings results. The annual inflation rate in the US accelerated to 8.5% in March, the highest since December of 1981 and slightly above market forecasts, driven by the higher cost of energy and food. However, core consumer prices came below expectations, indicating that inflation could be peaking. Investors await the March producer prices report on Wednesday for possible signs of stabilised inflation and the kickstart of the first-quarter earnings season, with some banks and airlines reporting earnings on Wednesday. In regular trading on Tuesday, the Dow fell 0.26%, the S&P 500 lost 0.34% and the Nasdaq Composite declined 0.30% 2022-04-13T11:26:51.077"
First Republic Bank earnings above expectations at 2.00 USD,Earnings,"First Republic Bank earnings above expectations at 2.00 USDUnited States EarningsFirst Republic Bank (FRC) released earnings per share at 2.00 USD, compared to market expectations of 1.89 USD.2022-04-13T11:18:11.65"
Fastenal earnings above expectations at 0.47 USD,Earnings,"Fastenal earnings above expectations at 0.47 USDUnited States EarningsFastenal (FAST) released earnings per share at 0.47 USD, compared to market expectations of 0.44 USD.2022-04-13T11:18:05.097"
JPMorgan Chase earnings below expectations at 2.63 USD,Earnings,"JPMorgan Chase earnings below expectations at 2.63 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 2.63 USD, compared to market expectations of 2.72 USD.2022-04-13T10:59:44.573"
Delta Air Lines earnings above expectations at -1.23 USD,Earnings,"Delta Air Lines earnings above expectations at -1.23 USDUnited States EarningsDelta Air Lines (DAL) released earnings per share at -1.23 USD, compared to market expectations of -1.33 USD.2022-04-13T10:47:00.883"
BlackRock earnings above expectations at 9.52 USD,Earnings,"BlackRock earnings above expectations at 9.52 USDUnited States EarningsBlackRock (BLK) released earnings per share at 9.52 USD, compared to market expectations of 8.99 USD.2022-04-13T10:46:54.03"
Dollar Hovers Near Two-Year Peak,Currency,"Dollar Hovers Near Two-Year Peak United States CurrencyThe dollar index broke above 100.5 for the first time since May 2020, underpinned by the prospect of a more aggressive pace of Federal Reserve tightening. Some of the downward pressure seen Tuesday after a smaller-than-expected rise in US core inflation proved short-lived, suggesting markets will wait for further data to gauge if inflation is peaking. Actually, in the aftermath of such data Fed Governor Brainard’s said that despite the welcoming signs of cooling in US consumer price inflation, the central bank was still determined to substantially shrink its asset sheet and raise interest rates several times. These remarks reassured investors that the Fed would continue to pursue what the FOMC minutes had recently shown: a 50bps rate hike next month and a monthly reduction of $95 billion in the Fed’s asset sheet. 2022-04-13T08:42:49.017"
US Crude Oil Stocks Rise the Most in 11 Months: API,API Crude Oil Stock Change,"US Crude Oil Stocks Rise the Most in 11 Months: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 7.757 million barrels in the week ended April 8th of 2022, following a 1.08 million barrels increase in the previous week and well above market expectations of a 1.367 million addition. It was the largest injection of crude oil US inventories since the first week of May 2021, data from the American Petroleum Institute showed.
2022-04-12T20:42:29.76"
"Greenback Gains Pace, New 2-Year High",Currency,"Greenback Gains Pace, New 2-Year HighUnited States CurrencyThe dollar index bounced back from early losses 100.3 on Tuesday, with its 8-day rally regaining momentum after Fed Governor Brainard’s hawkish comments overshadowed inflation figures. The Federal Reserve’s number 2 said that despite the welcoming signs of cooling in US consumer price inflation, the central bank was still determined to substantially shrink its asset sheet and raise interest rates several times. Earlier, core consumer prices in March rose less than analysts had forecasted, while headline inflation came hotter-than-expected. Brainard’s comments reassured markets that the monetary authority would continue to pursue what the FOMC minutes had recently shown, this is, a 50bps rate hike next month and a monthly reduction of $95 billion in the Fed’s asset sheet.2022-04-12T19:21:43.543"
Americans Become Less Pessimistic in April,Economic Optimism Index,"Americans Become Less Pessimistic in AprilUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the US increased to 45.5 in April of 2022 from 41 in March which was the lowest reading since October 2013, as inflation could start slowing soon. Still, pessimism maintained its grip for an eighth straight month. While economic confidence may have bottomed in March, as gas prices spiked following Russia's invasion of Ukraine, household financial stress hit the highest level since April 2020, at the outset of the pandemic. The six-month US economic outlook index jumped 5.8 points to 39.7 and the personal finances subindex recovered 4.9 points to 52.2, but both remained below high values from last year. The gauge of support for federal economic policies climbed 2.6 points to 44.5.2022-04-12T14:11:33.483"
US Bond Sell-off Eases,Government Bond 10Y,"US Bond Sell-off EasesUnited States Government Bond 10YThe US yield on the 10-year note, which sets the tone for corporate and household borrowing costs worldwide, bottomed around 2.70%, a dramatic reversal from an over three-year high of 2.83% hit earlier this week. The market movement came as investors digested the latest reading of US inflation data, which showed core CPI came below forecasts, indicating that inflation could be peaking. Still, the annual inflation rate in the US accelerated to 8.5% in March, the highest since December of 1981 and slightly above market forecasts, driven by the higher cost of energy and food. Along with runaway inflation, the job market has been showing signs of being extremely tight, which, in turn, brought forward the expectations of sharper interest-rate hikes to cool an overheating economy. 2022-04-12T13:16:00"
Dollar Cuts Gains after CPI Report,Currency,"Dollar Cuts Gains after CPI ReportUnited States CurrencyThe dollar index pared most early gains to trade around 100 on Tuesday after core CPI figures came below forecasts, increasing expectations the inflation peak has been reached. Still, the greenback remains close to levels not seen in 2 years as the inflation will probably not recede to the central bank’s 2% target anytime soon and the Fed is seen tightening monetary policy more aggressively. Minutes from the last FOMC meeting showed a more hawkish Fed and signalled a 50bps rate hike next month and a reduction in the central bank massive balance sheet by about $95 billion a month.2022-04-12T13:01:00"
US Core CPI Rises Less than Expected,Core Inflation Rate MoM,"US Core CPI Rises Less than ExpectedUnited States Core Inflation Rate MoMThe CPI index for all items less food and energy in the US rose 0.3 percent month-over-month in March, easing from a 0.5 percent increase the prior month and below market expectations of 0.5 percent. The shelter index was by far the biggest factor in the increase, with a broad set of other indexes also contributing, including those for airline fares, household furnishings and operations, medical care, and motor vehicle insurance. In contrast, the index for used cars and trucks fell 3.8 percent over the month. Core consumer prices climbed 6.5 percent in the 12 months to March, the most since August 1982  but less than expectations of 6.6 percent. 2022-04-12T12:32:00"
US Stock Futures Muted,Stock Market,"US Stock Futures Muted United States Stock MarketStock futures contracts tied to the three major indices were mostly flat on Tuesday, as investors refrained from placing big bets ahead of crucial US inflation data, which could pave the way for the Fed's policy stance. The annual inflation rate in the US likely accelerated to 8.4% in March of 2022, the highest since January 1982. Runaway inflation and an extremely tight job market brought forward the expectations of sharper interest-rate hikes to cool an overheating economy, which, in turn, sparked a selloff among tech and other growth stocks. In regular trading on Monday, the tech-heavy Nasdaq Composite dropped 2.18%, while the Dow and S&P 500 fell 1.19% and 1.69%, respectively.2022-04-12T12:03:56.403"
CarMax earnings below expectations at 0.98 USD,Earnings,"CarMax earnings below expectations at 0.98 USDUnited States EarningsCarMax (KMX) released earnings per share at 0.98 USD, compared to market expectations of 1.30 USD.2022-04-12T11:17:20.183"
US Small Business Optimism at 2-Year Low,NFIB Business Optimism Index,"US Small Business Optimism at 2-Year LowUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index in the United States declined for a 3rd straight month to 93.2 in March of 2022, the lowest since April of 2020, from 95.7 in February. The percentage of owners expecting better business conditions over the next six months decreased to -49%, the lowest level on record. Inflation is seen as the most important problem by 31% of business owners, the biggest share since the first quarter of 1981. ""With inflation, an ongoing staffing shortage, and supply-chain disruptions, small-business owners remain pessimistic about their future business conditions. Their expectations for sales growth and business conditions later this year are in the tank"" NFIB chief economist Bill Dunkelberg said.
2022-04-12T10:12:00"
Dollar Steady Ahead of Key Inflation Data,Currency,"Dollar Steady Ahead of Key Inflation DataUnited States CurrencyThe dollar index held steady at 100 on Tuesday, holding near its highest level in nearly 2 years, underpinned by rising Treasury yields ahead of data that is expected to show rampant inflation in the US, reinforcing bets for a faster pace of Federal Reserve policy tightening. The US March CPI report is expected to show an 8.5% annual increase, the highest since December 1981. The latest Federal Reserve minutes showed that officials planned to reduce the central bank’s massive balance sheet by about $95 billion a month, and indicated that one or more 50 basis point interest rate hikes could be warranted to combat surging inflation. The benchmark 10-year US yield surged to a 3-year high past 2.8% on Tuesday, giving a boost to the dollar.2022-04-12T05:57:56.84"
US Futures Fall Ahead of Key Inflation Print,Stock Market,"US Futures Fall Ahead of Key Inflation PrintUnited States Stock MarketUS stock futures fell in Asian trade on Tuesday after a sharp selloff on Wall Street overnight, while investors looked ahead to the start of earnings season and a key inflation report. Futures contracts tied to the three major indexes lost at least 0.3%. In regular trading on Monday, the tech-heavy Nasdaq Composite dropped 2.18%, while the Dow and S&P 500 fell 1.19% and 1.69%, respectively. All 11 S&P sectors ended in the red, with sharp losses from energy and technology stocks including Exxon Mobil (-3.4%), Chevron (-2.6%), ConocoPhillips (-4.9%), Apple (-4.8%), Microsoft (-3.9%) and Nvidia (-5.2%). The moves came as investors await the March CPI report, which is expected to show an 8.5% annual increase, the highest since 1981. The earnings season is also set to kick off Wednesday with major reports from firms including JPMorgan and Delta Air Lines.2022-04-12T00:33:00"
US Stocks End Near 4-Week Lows,Stock Market,"US Stocks End Near 4-Week LowsUnited States Stock MarketUS stock markets accelerated their downturn to close near four-week lows on Monday, with the Dow Jones ending 413 points lower at 34,308, the S&P 500 shedding 1.7% and NASDAQ down by 2.2%, reflecting a selloff in tech, as well as autos, energy, and telecoms. Investors became increasingly worried about a rally in Treasury note yields hitting their highest level in over three years, as markets adjusted their expectations for an aggressive tightening. Investors now await US inflation data on Tuesday for clues on the Federal Reserve's plans and the kickstart of the first-quarter earnings season, with some banks and airlines reporting earnings later this week. Meanwhile, shares of Twitter bounced back during the session to close 1.7% higher after CEO Parag Agrawal revealed that Elon Musk had abandoned his plan to join the company's board. Conversely, Tesla shares sank almost 5% following downbeat sales in China amid the COVID-19 outbreak. 	2022-04-11T20:01:00"
Wall St Falls on Tech Drag,Stock Market,"Wall St Falls on Tech DragUnited States Stock MarketThe Dow Jones lost more than 100 points at the opening bell on Monday, while the S&P 500 and Nasdaq underperformed by falling 0.8% and 1.4%, respectively, dragged by weakness in tech and other growth stocks. The market movement came as bond yields hit their highest level in over three years, with markets adjusting their expectations for an aggressive tightening. Investors now await US inflation data on Tuesday for clues on the Federal Reserve's plans and the kickstart of the first-quarter earnings season, with some banks and airlines reporting earnings later this week. Meanwhile, shares of Twitter dipped into negative territory after CEO Parag Agrawal revealed that Elon Musk had abandoned his plan to join the company's board.2022-04-11T13:39:36.983"
US Stocks Set to Extend Losses,Stock Market,"US Stocks Set to Extend LossesUnited States Stock MarketUS stock futures drifted lower on Monday as investors braced for Fed's aggressive tightening with bond yields extending the sell-off and were monitoring the situation in Ukraine and China's lockdowns. Falls have been most pronounced in tech stocks as the prospect of higher interest rates threatens to undermine their valuations with Nasdaq futures down more than 1%. Investors now await US inflation data on Tuesday for clues on the Federal Reserve's plans and the kickstart of the first-quarter earnings season, with some banks and airlines reporting earnings later this week. Meanwhile, shares of Twitter tumbled in premarket trading after CEO Parag Agrawal revealed that Elon Musk had abandoned his plan to join the company's board. The tech-heavy Nasdaq Composite has been under pressure, falling 3.9% last week while the S&P 500 and Dow declined 1.3% and 0.3%, respectively. 2022-04-11T12:49:00"
Dollar Supported by Rising Treasury Yields,Currency,"Dollar Supported by Rising Treasury YieldsUnited States CurrencyThe dollar index traded around 100 on Monday, holding near its highest level in nearly 2 years, underpinned by rising Treasury yields amid the prospect of a more aggressive pace of Federal Reserve tightening. The latest Federal Reserve minutes showed that officials planned to reduce the central bank’s massive balance sheet by about $95 billion a month, and indicated that one or more 50 basis point interest rate hikes could be warranted to combat surging inflation. The benchmark 10-year US yield surged to an over 2-year high past 2.7% on Monday, giving a boost to the dollar. Meanwhile, investors will get a fresh look at data this week, with the CPI for March due out on Tuesday and the PPI following on Wednesday.2022-04-11T07:01:15.163"
"US Futures Slip Ahead of Earnings, Inflation Data",Stock Market,"US Futures Slip Ahead of Earnings, Inflation DataUnited States Stock MarketUS stock futures slipped in Asian trade on Monday ahead of a busy, holiday-shortened week, as Wall Street is set to kick off the first quarter earnings season while investors brace for another hot inflation report. Futures contracts tied to the three major indexes each fell more than 0.2%. Stocks are coming off a negative week, weighed down by a firm hawkish stance from the Federal Reserve. The tech-heavy Nasdaq Composite fell 3.9% last week, while the S&P 500 and Dow dropped 1.3% and 0.3%, respectively. Investors will get a fresh look at data this week, with the CPI for March due out on Tuesday and the PPI following on Wednesday. Major firms are also set to report Q1 results including UnitedHealth Group, JP Morgan, Goldman Sachs, Citigroup and Delta Airlines. Meanwhile, investors will be keeping an eye on market volatility driven by the developments in Ukraine.2022-04-11T00:21:00"
US February Wholesale Inventories Revised Higher,Wholesale Inventories,"US February Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the US advanced 2.5 percent month-over-month to $818.2 billion in February of 2022, following an upwardly revised 1.2 percent increase in the prior month and above a preliminary estimate of 2.1 percent. It was the 19th straight month of gains, amid increases in inventories of both nondurable goods (3.3 percent vs 1.3 percent in January) and durable ones (1.9 percent vs 1.1 percent). On a yearly basis, wholesale inventories advanced 19.9 percent in February, above a preliminary reading of 19.4 percent.2022-04-08T14:13:00"
Wall Street Set to Open Higher,Stock Market,"Wall Street Set to Open Higher United States Stock MarketStock futures contracts tied to the three major indices were up around 0.3%, as investors continued to take advantage of lower valuations while digesting the US Federal Reserve's hawkish guidance. Still, all major US indices head for a weekly decline amid lingering concerns about economic growth on the back of runaway inflation and an aggressive tightening monetary policy. Falls have been most pronounced in high-growth stocks as the prospect of higher interest rates threatens to undermine the valuations of tech companies in particular, whose profits lie further in the future. Adding to the gloomy outlook were escalating tensions between the West and Russia. The US and the European Union have announced new sanctions against Moscow, including an embargo on Russian coal imports. In regular trading on Thursday, the Dow rose 0.25%, the S&P 500 gained 0.42%, and the Nasdaq Composite ticked up 0.06%2022-04-08T11:13:32.727"
US Consumer Credit Growth Hits Highest Since 2010,Consumer Credit,"US Consumer Credit Growth Hits Highest Since 2010United States Consumer CreditConsumer credit in the United States increased by USD 41.82 billion in February of 2022, up from an upwardly revised USD 8.93 billion gain in the prior month, and well above market expectations of a USD 16.65 billion rise. It was the biggest monthly gain in consumer credit since December of 2010, as non-revolving credit went up by USD 23.82 billion while revolving credit increased by USD 18 billion. On an annual basis, consumer credit grew 11.3 percent, following an upwardly revised 2.4 percent increase in January.2022-04-07T19:06:00"
Conagra Foods earnings meet market expectations at 0.58 USD,Earnings,"Conagra Foods earnings meet market expectations at 0.58 USDUnited States EarningsConagra Foods (CAG) released earnings per share at 0.58 USD, in line with market expectations.2022-04-07T11:48:57.907"
Constellation Brands earnings below expectations at 2.07 USD,Earnings,"Constellation Brands earnings below expectations at 2.07 USDUnited States EarningsConstellation Brands (STZ) released earnings per share at 2.07 USD, compared to market expectations of 2.10 USD.2022-04-07T11:48:51.327"
US Stock Futures Mostly Flat,Stock Market,"US Stock Futures Mostly FlatUnited States Stock MarketStock futures contracts tied to the three major indices were mostly flat on Thursday as investors digested the hawkish tone in the minutes from the latest Federal Reserve meeting. Given the worsening outlook for inflation, US policymakers considered higher rate hikes than its usual 25-basis-point while agreeing on balance sheet reductions. Investors now wrestled with the twin shocks of an aggressive tightening, potentially causing a recession and more Western sanctions on Russia, further stoking inflation. Meanwhile, HP Inc surged 15% in the premarket after Warren Buffett’s Berkshire Hathaway disclosed a stake in the tech hardware maker. In regular trading on Wednesday, the Dow shed 0.4%, the S&P 500 slid 1%, and the tech-heavy Nasdaq Composite dropped another 2.2%.2022-04-07T10:50:12.06"
Costco Wholesale earnings above expectations at 3.00 USD,Earnings,"Costco Wholesale earnings above expectations at 3.00 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 3.00 USD, compared to market expectations of 2.97 USD.2022-04-07T08:06:24.233"
Dollar Index Approches 100 Points Mark,Currency,"Dollar Index Approches 100 Points MarkUnited States CurrencyThe dollar index held above 99.5 on Thursday, hovering levels not seen since May of 2020, amid increasing expectations the Fed will tighten monetary policy faster to fight rising inflation. Minutes from the last FOMC meeting showed the Fed will likely reduce its balance sheet by $95 billion a month from May, which is higher than the monthly reduction made in 2017-2019. Also, many participants wanted the fed funds rate to be lifted by 50bps last month rather than the 25bps increase. At the same time, risk appetite was dampened as the West prepared new sanctions on Moscow over civilian killings in northern Ukraine, with the EU proposing to ban Russian coal and the US targeting Russian banks and elites.2022-04-06T18:33:00"
US Crude Inventories Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 2.421 million barrels to 412.4 million barrels in the week ended April 1st, after a 3.449 million barrel drop and compared with market expectations for a 2.056 million fall, data from the EIA Petroleum Status Report showed. Meanwhile, crude stocks at the Cushing, Oklahoma, rose by 1.654 million barrels, and distillate stockpiles which include diesel and heating oil went up 0.771 million barrels to 114.3 million barrels, against forecasts for a 0.819 million drop. Gasoline inventories went down 2.041 million barrels to 236.8 million barrels, while markets were expecting a 0.063 million-barrel increase. 2022-04-06T14:39:51.08"
US Stocks Extend Losses,Stock Market,"US Stocks Extend LossesUnited States Stock MarketThe Dow Jones lost roughly 250 points at the opening bell Wednesday, while the S&P 500 and the Nasdaq 100 fell 1.3% and 2.4%, respectively, following hawkish remarks from Fed officials and as investors await details of fresh international sanctions against Russia. After Fed Governor Lael Brainard flagged rapid reductions in the balance sheet and steady interest rates hikes, Philadelphia Fed President Patrick Harker and San Francisco Fed President Mary Daly joined the chorus warning about inflation. Meanwhile, the gap between 2 and 10-year bond yields widened further. Now all eyes are on the Fed meeting minutes Wednesday for further clues on the central bank’s rate-hike path.
2022-04-06T13:31:00"
RPM International earnings above expectations at 0.38 USD,Earnings,"RPM International earnings above expectations at 0.38 USDUnited States EarningsRPM International (RPM) released earnings per share at 0.38 USD, compared to market expectations of 0.30 USD.2022-04-06T11:17:22.373"
Dollar Climbs as Hawkish Fed Supports,Currency,"Dollar Climbs as Hawkish Fed SupportsUnited States CurrencyThe dollar index appreciated past 99.5 on Wednesday, rising for the fifth straight session and scaling its highest since May 2020, underpinned by hawkish comments from Federal Reserve officials. Fed Governor Lael Brainard indicated support for higher interest rates and said swift reduction of the central bank’s balance sheet could begin as soon as May. San Francisco Fed President Mary Daly also pledged that the Fed will use its tools to combat inflation, saying higher prices are “as harmful as not having a job.” Upbeat labor market data helped the case for monetary tightening, as figures showed 431,000 jobs were added in March, along with faster wage rises and the lowest jobless rate in two years. The dollar also gained markedly against riskier currencies as the West prepared new sanctions on Moscow over civilian killings in northern Ukraine, with the EU proposing to ban Russian coal and to prevent Russian ships from entering EU ports.2022-04-06T05:56:21.347"
US New Light-Vehicle Sales Slips in March,Total Vehicle Sales,"US New Light-Vehicle Sales Slips in MarchUnited States Total Vehicle SalesNew light-vehicle sales in the United States decreased to 13.3 million units on a seasonally adjusted basis in March 2022, down from the previous month’s sales of 14.1 million units, as well as from March 2021’s sales of 17.6 million units. “Sales fell throughout Q1 2022 as production that was already limited by scarce microchips was further curtailed by global shocks from the war in Ukraine and continuing supply chain disruptions beyond microchips,” NADA said in its monthly report. “For the rest of the year, new-vehicle sales will be limited by the number of vehicles OEMs can build. While our 2022 forecast of 15.4 million new light-vehicle sales remains unchanged from the start of the quarter, there are downside risks to our forecast from ongoing supply chain issues, global conflicts and pandemic-related impacts,” it added. Toyota, GM, Ford and Stellantis grabbed the lion’s share of the market, with crossover and pickup trucks accounting for nearly two-thirds of sales.2022-04-06T02:31:48.31"
US Crude Oil Inventories Unexpectedly Rise: API,API Crude Oil Stock Change,"US Crude Oil Inventories Unexpectedly Rise: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 1.08 million barrels in the week ended April 1st of 2022, following a 3.01 million barrels fall in the previous week and compared with market expectations of a 2.056 million decline. It was the first increase in US crude inventories in three weeks, data from the American Petroleum Institute showed.

2022-04-05T20:49:00"
Dollar Index Hits 22-month High,currency,Dollar Index Hits 22-month HighUnited States currencyDXY increased to a 22-month high of 99.4472022-04-05T18:32:12.837
Dollar Extends Gains after Brainard Speech,Currency,"Dollar Extends Gains after Brainard SpeechUnited States CurrencyThe dollar index climbed past 99.2  on Tuesday, extending gains from the past three sessions and hitting again the highest since May 2020, underpinned by Fed Governor Brainard’s hawkish speech. The central bank’s number two said that in order to lower inflation the monetary authority “will continue tightening monetary policy methodically through a series of interest rate increases and by starting to reduce the balance sheet at a rapid pace as soon as our May meeting"", adding that economic recovery was stronger than in the previous cycle. Upbeat labor market data helped the case for monetary tightening, as figures showed 431 thousand jobs were added in March, along with faster wage rises and the lowest jobless rate in two years. The dollar also gained markedly against the euro amid talks of further sanctions against Russia over war crimes in Ukraine. 2022-04-05T15:31:00"
US Services PMI Revised Lower,Services PMI,"US Services PMI Revised LowerUnited States Services PMIThe S&P Global US Services PMI registered 58.0 in March of 2022, up from 56.5 in February, but lower than the earlier released flash estimate of 58.9. The expansion in output quickened to the fastest for four months, amid stronger demand conditions and a steeper rise in new orders. Client demand strengthened despite a record rate of charge inflation. Output prices increased markedly as a faster rise in cost burdens was largely passed through to customers. At the same time, pressure on capacity built despite employment rising at the steepest pace for almost a year. Backlogs of work expanded at the strongest rate since the series began in October 2009. Longer term growth expectations were less upbeat, however, as confidence in the year-ahead outlook slipped to the weakest for five months.  2022-04-05T13:55:14.55"
US Private Sector Growth Accelerates to 8-Month High,Composite PMI,"US Private Sector Growth Accelerates to 8-Month HighUnited States Composite PMIThe S&P Global US Composite PMI was revised lower to 57.7 in March of 2022 from a preliminary of 58.5, but was still up from 55.9 in February, to signal a sharp expansion in business activity across the private sector. The rate of growth was the fastest since last July, as manufacturers and service providers recorded steeper upturns in output. Supporting the sharper uptick in activity was the quickest rise in new business since June 2021. Domestic and foreign client demand strengthened as easing COVID-19 restrictions continued to boost new sales. Meanwhile, inflationary pressures intensified as supplier costs soared. Input prices rose at one of the fastest rates on record, whilst costs passed through to customers drove up output charges at the joint-sharpest pace since data collection began in October 2009. Although private sector employment grew at a steep pace, pressure on capacity mounted amid severe raw material shortages, with backlogs of work expanding at a series record rate.2022-04-05T13:50:00"
US Imports Surge 1.3% to New Record,Imports,"US Imports Surge 1.3% to New RecordUnited States ImportsImports to the United States increased 1.3 percent, or USD 4.1 billion, to a new record high of USD 317.8 billion in February 2022. Purchases of goods rose by 1.7 billion to USD 266.2 billion due to imports of industrial supplies and materials (+USD 3.4 billion), particularly crude oil (+USD 1.9 billion), while purchases of capital goods increased by USD 0.9 billion. In contrast, purchases of automotive vehicles, parts, and engines decreased by USD 3.2 billion. Meantime, imports of services increased by USD 2.4 billion to USD 51.6 billion, led by charges for the use of intellectual property (+USD 1.2 billion). 2022-04-05T12:48:00"
US Exports Hits Record High,Exports,"US Exports Hits Record High United States ExportsExports from the United States increased by 1.8 percent or USD 4.1 billion from the previous month to USD 228.6 billion in February of 2022, the highest since the series began in 1950. Exports of goods increased by USD 2.8 billion to USD 158.8 billion, driven by sales of industrial supplies and materials (+USD 1.7 billion), while sales of consumer goods increased by USD 1.3 billion due to pharmaceutical preparations (+USD 1.5 billion). On the other hand, exports of capital goods fell by USD 0.7 billion due to civilian aircraft (-USD 1.0 billion). Meantime, services exports increased by USD 1.3 billion to USD 69.9 billion, led by travel (+USD 1.2 billion). 2022-04-05T12:39:00"
Wall Street Rises on Tech Boost,Stock Market,"Wall Street Rises on Tech BoostUnited States Stock MarketThe Dow pared early losses and crossed into positive territory in midday trading on Monday, while the S&P 500 and Nasdaq outperformed as a surge in technology shares offset worries about more sanctions against Russia over its invasion of Ukraine. Twitter skyrocketed over 27% after Elon Musk took a 9.2% stake in the company, while other mega-cap names such as Tesla, Meta, Amazon, Apple, and Microsoft rose more than 1%. Also, US-listed Chinese firms jumped after China’s securities watchdog proposed revising confidentiality rules involving offshore listings, clearing a legal hurdle to Sino-US cooperation on audit oversight. Still, sentiment remained clouded by the Russia-Ukraine war, with investors worried about new sanctions against Russia following mounting evidence of war crimes committed by its forces on the outskirts of Kyiv.2022-04-04T16:26:00"
Dollar Firms Up on Strong Jobs Report,Currency,"Dollar Firms Up on Strong Jobs ReportUnited States CurrencyThe dollar index firmed up near 99 on Tuesday after rising for three straight sessions, as a strong US jobs report strengthened the case for more aggressive Federal Reserve rate hikes to tame decades-high inflation. The American economy added 431,000 jobs in March, falling short of expectations, but the unemployment rate fell to a new 2-year low of 3.6% and wage growth re-accelerated, supporting a 50 basis point rate increase in May. The dollar also gained markedly against the euro amid talks of further sanctions against Russia. The US and European countries pledged to punish Moscow over civilian killings in northern Ukraine, with French President Emmanuel Macron suggesting sanctions on Russian oil and coal.2022-04-04T06:17:00"
US Futures Drift Lower After 3-Week Rally,Stock Market,"US Futures Drift Lower After 3-Week RallyUnited States Stock MarketUS stock futures drifted lower in Asian trade on Monday after the S&P 500 and Nasdaq notched their third straight week of gains. Futures contracts tied to the three major indexes each fell at least 0.2%. In regular trading on Friday, the S&P 500 rose 0.34% and the Nasdaq added 0.29% to cap a three-week advance. The Dow also gained 0.4% on Friday, but snapped a two-week win streak. Friday’s positive session came even after the latest employment report showed US employers hired fewer workers than expected in March, but the unemployment rate fell to a new two-year low of 3.6% and wages growth accelerated again. A tighter job market and soaring inflation are paving the way for the Federal Reserve to raise interest rates by a hefty 50 basis points in May. Investors also remained cautious of recessionary risks after Treasury yields inverted last week, while monitoring geopolitical developments in Ukraine.2022-04-04T00:27:00"
Wall Street Trades Slightly Lower,Stock Market,"Wall Street Trades Slightly LowerUnited States Stock MarketAll three main US stock indexes pared early gains to dip into negative territory in midday trading on Friday, as investors digested a slew of data releases while looking ahead to tighter monetary policy. The latest employment report showed US employers hired fewer workers than expected in March, but the unemployment rate fell to a new two-year low of 3.6% and wages growth accelerated again. Meanwhile, March manufacturing data from ISM came below expectations. A tighter job market and soaring inflation are paving the way for the Federal Reserve to raise interest rates by a hefty 50 basis points in May. Industrial and technology shares underperformed in afternoon trading, while energy stocks were trading higher. Market moves came after all three major averages posted their worst quarter since March 2020. 2022-04-01T16:16:00"
US Construction Spending Misses Forecasts,Construction Spending,"US Construction Spending Misses ForecastsUnited States Construction SpendingConstruction spending in the US increased 0.5 percent from the previous month to a seasonally adjusted annual rate of USD 1.704 trillion in February of 2022, easing from an upwardly revised 1.6 percent advance in January and below market expectations of a 1 percent gain. Spending on private construction rose 0.8 percent, mostly new single family residential construction (2.5 percent), power (1.4 percent), manufacturing (0.6 percent), lodging (0.8 percent) educational (0.2 percent) and transportation (2.3 percent). Meanwhile, public construction outlays went down 0.4 percent, dragged down by spending on nonresidential (-0.5 percent). 2022-04-01T14:05:32.943"
US S&P Global Manufacturing PMI Revised Up,Manufacturing PMI,"US S&P Global Manufacturing PMI Revised UpUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI was revised slightly higher to 58.8 in March of 2022 from a preliminary of 58.5, pointing to the strongest growth in factory activity in six months, amid faster increases in output and new orders, as domestic and foreign client demand ticked higher. Although backlogs of work rose at a sharper pace firms noted that fewer supply bottlenecks allowed production to expand at a faster rate. Moreover, supplier delivery times deteriorated to the smallest extent since January 2021. Nonetheless, costs continued to soar, as the rate of input price inflation quickened to a marked pace. Encouraged by stronger demand conditions, firms stepped up their hiring activity, with some also noting a greater ability to find suitable candidates. Meanwhile, expectations regarding the outlook for output reached the highest since November 2020. 2022-04-01T13:48:40.413"
US Dollar Consolidates Further on Jobs Report,Currency,"US Dollar Consolidates Further on Jobs ReportUnited States CurrencyThe dollar index extended a rebound to above 98.5 on Friday after gaining half a percent in the previous session, as labour report reinforced the view that the Fed would need to tighten more aggressively during the next MPC meeting in May. March nonfarm payrolls missed expectations, but the jobless rate fell more than expected and average hourly earnings grew at a stronger pace than in February. Earlier this week, the data showed core PCE prices, the preferred gauge of inflation by the central bank, rose at the fastest rate in nearly four decades in February. The greenback also benefited from safe-haven flows as peace talks between Russia and Ukraine appeared to have stalled.2022-04-01T12:41:00"
US Jobless Rate Falls More than Expected,Unemployment Rate,"US Jobless Rate Falls More than ExpectedUnited States Unemployment RateThe US unemployment rate declined to 3.6 percent in March of 2022 from 3.8 percent in the previous month, the lowest since February 2020 and below market expectations of 3.7 percent. The number of unemployed people declined by 318 thousand to 5.952 million, while employment levels rose by 736 thousand to 158.458 million. Meanwhile, the labor force participation rate edged up to 62.4 percent in March, the highest level since March 2020.2022-04-01T12:32:00"
Treasury Yields Surge Ahead of Jobs Report,Government Bond 10Y,"Treasury Yields Surge Ahead of Jobs ReportUnited States Government Bond 10YThe benchmark 10-year Treasury yield climbed to around 2.44%, having touched an almost three-year high of 2.56% earlier this week, as investors await the nonfarm payroll report on Friday, which could pave the way for the US Federal Reserve's policy stance. With the job market remaining extremely tight and inflation currently running at 40-year highs, markets were recalibrating the higher possibility of the Federal Reserve raising interest rates by a 50-bps hike in May. Given the above and the reflation trade seen earlier this year, Treasuries recorded their worst month since November 2016 in March and their worst quarter since 1980, with the global bond plunge sending yields well above pre-pandemic levels.2022-04-01T08:01:52.033"
Dollar Edges Higher Ahead of Key Jobs Report,Currency,"Dollar Edges Higher Ahead of Key Jobs ReportUnited States CurrencyThe dollar index extended a rebound to above 98.4 on Friday after gaining half a percent in the previous session, as traders looked forward to the March US jobs report for clues on the pace of Federal Reserve policy tightening. Analysts argued that a strong jobs report on Friday could bolster the Fed’s aggressive tightening plans to control inflation without slowing the economy. At the next FOMC policy meeting in May, markets are pricing in a more than 50% chance of a half-point rate increase to follow on from a quarter-point hike in March. Meanwhile, the greenback also benefited from safe-haven flows as peace talks between Russian and Ukraine appeared to have stalled, though they are set to resume later on Friday.2022-04-01T06:25:35.897"
Dollar Bounces Off One-Month Lows,Currency,"Dollar Bounces Off One-Month LowsUnited States CurrencyThe dollar recovered from its lowest level in a month to consolidate above the 98 neighbourhood amid some safe-haven demand stemming from the lack of progress in Russia-Ukraine peace negotiations. Investors are now closely watching the nonfarm payroll report on Friday, which could pave the way for the US Federal Reserve's policy stance. On top of a very tight job market, inflation is currently running at 40-year highs, which, in turn, led to bets of a 50-bps hike in May. 2022-03-31T16:50:00"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketUS futures were little changed on Thursday, with energy shares under pressure during pre-market hours amid a fall in oil prices as the Biden administration pledged to make a huge reserves release to curb rising oil prices and a tight supply. At the same time, traders continue to follow the Russia-Ukraine ceasefire talks and reassess the outlook for inflation and the direction of monetary policy. On the month, the S&P 500 and Nasdaq are up about 5% each, while the Dow is nearly 4% higher. Considering Q3 however, the 3 main averages are on track to book the first quarterly loss since Q1 2020. 2022-03-31T12:54:00"
Walgreens Boots Alliance earnings above expectations at 1.59 USD,Earnings,"Walgreens Boots Alliance earnings above expectations at 1.59 USDUnited States EarningsWalgreens Boots Alliance (WBA) released earnings per share at 1.59 USD, compared to market expectations of 1.37 USD.2022-03-31T12:42:03.273"
Core PCE Inflation Remains Elevated,Core PCE Price Index MoM,"Core PCE Inflation Remains ElevatedUnited States Core PCE Price Index MoMCore PCE prices in the US which exclude food and energy increased 0.4% mom in February of 2022, down slightly from a 0.5% rise in the previous month and in line with market forecasts. The annual rate accelerated to 5.4%, the highest since April of 1983 and slightly below market expectations of 5.5%, signaling persistent inflationary pressures.2022-03-31T12:37:00"
US Personal Income Rises 0.5% in February,Personal Income,"US Personal Income Rises 0.5% in FebruaryUnited States Personal IncomePersonal income in the United States increased 0.5 percent from a month earlier in February 2022, following a revised 0.1 percent growth in January and matching market expectations, as a rise in compensation offset a decrease in government social benefits. The increase in compensation reflected gains in private and government wages and salaries. In contrast, a reduction in “other” benefits within government social benefits was partly offset by increases in Medicare and Medicaid. 2022-03-31T12:32:00"
US Job Cuts at 5-Month High,Challenger Job Cuts,"US Job Cuts at 5-Month HighUnited States Challenger Job CutsUS-based companies announced plans to cut 21,387 jobs from their payrolls in March of 2022, the most in five months. Most cuts were due to store, unit, or plant closing (5,301) and vaccine refusal  (3,278). By sector, for the fourth consecutive month, Health Care/Products announced the most job cuts (4,995). “There appears to be a return of a healthier churn in the labor market. Some U.S. Employers report hiring is getting easier, particularly with the incentives many companies put in place to attract and retain talent. Meanwhile, inflation impacts and war concerns are causing workers who were depending on savings or investments to seek out paid employment"", said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc. In Q1, employers announced 55,696 cuts, down 62% year-on-year, and the lowest quarterly total since Q3 2021, when 52,560 cuts were recorded. 2022-03-31T11:49:00"
US Crude Inventories Fall More than Expected: EIA,Crude Oil Stocks Change,"US Crude Inventories Fall More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 3.449 million barrels in the week ended March 25th, the most in seven weeks and above market expectations of a 1.022-million-barrel decrease, data from the EIA Petroleum Status Report showed. Also, crude stocks at the Cushing, Oklahoma, delivery hub decreased by 1.009 million. Meanwhile, gasoline inventories rose 0.785 million barrels, the first increase since the end of January and compared to market expectations of a 1.744 million fall; and distillate stockpiles which include diesel and heating oil went up 1.394 million barrels, against forecasts of a 1.55-million-barrel decline. 2022-03-30T14:38:00"
Paychex earnings above expectations at 1.15 USD,Earnings,"Paychex earnings above expectations at 1.15 USDUnited States EarningsPaychex (PAYX) released earnings per share at 1.15 USD, compared to market expectations of 1.05 USD.2022-03-30T12:51:34.097"
US Corporate Profits Hit All-Time High in Q4,Corporate Profits,"US Corporate Profits Hit All-Time High in Q4United States Corporate ProfitsCorporate profits in the United States rose 0.2 percent to a fresh record high of USD 2.53 trillion in the last quarter of 2021, following a 3.4 percent jump in the previous period. Net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, rose 3.0 percent to $3.23 trillion, while net dividends rose 1.8 percent to $1.47 trillion. Meanwhile, undistributed profits tumbled 2.0 percent to $1.06 trillion. 2022-03-30T12:40:00"
Mortgage Applications Fall as Rates Surge: MBA,Mortgage Applications,"Mortgage Applications Fall as Rates Surge: MBAUnited States Mortgage ApplicationsMortgage applications in the US declined 6.8% to 425.1 in the week ended March 25th, the lowest level since December 2019 as mortgage rates surged the most in eleven years. Applications to refinance a home loan tumbled 14.9% to the lowest since May 2019 while those to purchase a home edged up 0.6%. Meantime, the average fixed 30-year mortgage rate increased by 30bps, the most since February 2011, bringing the rate to 4.8%, the highest since December 2018. “Mortgage rates jumped to their highest level in more than three years last week, as investors continue to price in the impact of a more restrictive monetary policy from the Federal Reserve,” said Michael Fratantoni, MBA’s chief economist.2022-03-30T11:09:00"
Dollar Holds Below 98,Currency,"Dollar Holds Below 98United States CurrencyThe dollar index held below 98 on Thursday after sliding in the past two sessions, as reports of progress in peace talks between Russia and Ukraine prompted a sharp gain for the euro while dampening the greenback's safe-haven appeal. Investors now await critical US economic data, including the March jobs report on Friday, to gauge the direction of monetary policy. Markets have been recalibrating the higher possibility of a 50-bps hike in May following hawkish comments from several policymakers last week on the back of runaway inflation.2022-03-30T09:59:00"
Dollar Slips Further on Ceasefire Hopes,Currency,"Dollar Slips Further on Ceasefire HopesUnited States CurrencyThe dollar index fell 0.3% toward the 98 level on Wednesday, extending a 0.7% drop in the previous session as reports of progress in peace talks between Russia and Ukraine lifted the euro and dampened the safe-haven appeal of the greenback. Russia said it would scale down military operations in Kyiv and another city, while Ukraine proposed adopting a neutral status in confidence-building steps towards negotiating peace. Analysts also suggested that aggressive bets for a faster pace of Federal Reserve tightening may have been scaled back as markets have already priced in bigger rate hikes, while fears of a possible recession added uncertainties to the outlook. Investors now await the latest Core PCE figures due later today, as well as the March jobs report on Friday to gauge the direction of monetary policy.2022-03-30T06:49:00"
Micron Technology earnings above expectations at 2.14 USD,Earnings,"Micron Technology earnings above expectations at 2.14 USDUnited States EarningsMicron Technology (MU) released earnings per share at 2.14 USD, compared to market expectations of 1.98 USD.2022-03-29T20:37:41.417"
US Stocks Rise for 4th Session,Stock Market,"US Stocks Rise for 4th SessionUnited States Stock MarketAll three major US stock indexes extended gains on Tuesday, with Dow closing up 339 points, the S&P 500 rising 1.2%, and the Nasdaq climbing 1.8% after Ukraine and Russia claimed progress has been made in cease-fire talks in Turkey. Auto and travel stocks were the biggest gainers with Ford, GM, Caesar’s Entertainment and American Airlines each rising about 5%. On the other hand, energy and materials shares declined as commodities prices pulled back. Meanwhile, Philadelphia Fed President Harker said that he doesn’t think the US is heading for recession and that he expects a 25 bps hike in May but is open to 50 bps if inflation remains high. On the data front, the number of job openings in the United States came at 11.266 million in February of 2022, remaining near an all-time high. Now investors await Friday's non-farm payroll report to measure the job market's strength further and gauge the outlook for monetary policy.2022-03-29T20:01:00"
US Home Prices Rise the Most in 7 Months: FHFA,House Price Index MoM,"US Home Prices Rise the Most in 7 Months: FHFAUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 1.6 percent from a month earlier in January of 2022, the most in seven months and accelerating from an upwardly revised 1.3 percent gain in December. For the nine census divisions, monthly house price changes ranged from +0.1 percent in the New England division to +2.2 percent in the South Atlantic division. Year-on-year, house prices advanced 18.2 percent in January, up from 17.7 percent. “Rising mortgage rates in January certainly reflect a major change from the past several years, but lending costs remain relatively low. The mortgage rate shift has not dampened upward price pressure from intense borrower demand and limited supply”,  said Will Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics.2022-03-29T13:05:00"
Dollar Eases from Three-Week Highs,Currency,"Dollar Eases from Three-Week HighsUnited States CurrencyThe dollar index eased from three-week highs to consolidate around 98.20 as investors took a breather after a recent rally driven by expectations of higher interest rates. Markets were recalibrating the higher possibility of a 50-bps hike in May following hawkish comments from several policymakers last week. Investors now look forward to the monthly jobs report, PCE inflation, and consumer confidence data in the US to guide the outlook for monetary policy. The most pronounced selling activity was against the euro, a move triggered by a potential ceasefire or peace deal between Russia and Ukraine. 2022-03-29T10:48:00"
Dollar Firms Up on Aggressive Fed Hike Bets,Currency,"Dollar Firms Up on Aggressive Fed Hike BetsUnited States CurrencyThe dollar index held above 99 on Tuesday after a four-day advance, inching towards its highest levels in nearly two years, as traders ramped up bets on a more aggressive Federal Reserve monetary tightening. Wall Street firms from Goldman Sachs to Bank of America are projecting half-point rate increases in upcoming Fed meetings this year, after central bank officials indicated readiness to tighten more aggressively to bring inflation under control. The benchmark 10-year yield also reached 2.5% this week, providing further support to the dollar. Investors now look forward to the monthly jobs report, PCE inflation and consumer confidence data in the US to guide the outlook for monetary policy.2022-03-29T05:10:09.54"
Texas Factory Growth Slows,Dallas Fed Manufacturing Index,"Texas Factory Growth SlowsUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas decreased to 8.7 in March of 2022 from 14 in February. However, it remained robust, as the production index, a key measure of state manufacturing conditions, remained unchanged at 13.2. Still, new orders dropped from 23.1 to 10.5, the lowest in over a year, while the growth rate of the orders index held steady at 13. 2022-03-28T14:45:00"
US Stock Futures Remain Muted,Stock Market,"US Stock Futures Remain MutedUnited States Stock MarketUS stock futures remained near the flatline on Monday ahead of a busy week for economic data and as investors reassessed the outlook of tightening monetary policy from the Fed while watching developments in the Russia-Ukraine war. Markets were recalibrating the higher possibility of a 50-bps hike in May following hawkish comments from several policymakers last week. Investors now look forward to the monthly jobs report, PCE inflation, and consumer confidence data in the US to guide the outlook for monetary policy. Meanwhile, Ukrainian President Volodymyr Zelenskyy has reiterated that his country is prepared to discuss adopting a neutral status ahead of fresh talks with Russia in Turkey. Last week, the Dow rose slightly by 0.3%, the S&P 500 added 1.8%, and the Nasdaq Composite climbed 2%.2022-03-28T11:16:00"
"US Consumer Sentiment Revised Down, Remain Lowest since 2011",Consumer Confidence,"US Consumer Sentiment Revised Down, Remain Lowest since 2011United States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised slightly lower to 59.4 in March of 2022 from a preliminary of 59.7, the lowest reading since August of 2011. The subindexes for both current conditions (67.2 vs preliminary of 67.8) and expectations (54.3 vs 54.4) were both revised down. Inflation has been the primary cause of rising pessimism, with an expected year-ahead inflation rate at 5.4%, the highest since November 1981. More consumers mentioned reduced living standards due to rising inflation than any other time except during the two worst recessions in the past fifty years: from March 1979 to April 1981, and from May to October 2008. Also, half of all consumers unfavorably assessed current policies, more than three times the 16% who rated them favorably. 2022-03-25T14:10:55.99"
Global Bond Selloff Intensifies,Government Bond 10Y,"Global Bond Selloff Intensifies United States Government Bond 10YThe global bond market rout resumed in anticipation of a looming policy tightening cycle. Major central banks sought to tame inflation, currently running at records levels in Europe and 40-year highs in the US. Market moves were exacerbated this week by surprisingly hawkish comments from Fed Chair Powell and his rate-setting colleagues, which, in turn, led markets to bet on a higher probability of the Fed lifting rates by 50 rather than 25 basis points in May. The US yield on the 10-year note, which sets the tone for corporate and household borrowing costs worldwide, surged above 2.46%, its highest level since May 2019. Germany's 10-year Bund yield, the benchmark for Europe, rose to as high as 0.56%, the highest since May 2018, while French 10-year yield held above 1%. 2022-03-25T13:58:00"
Wall Street Set to Extended Gains,Stock Market,"Wall Street Set to Extended Gains  United States Stock MarketUS stock futures tracking the broader market rose on Friday, as investors continued to evaluate the economic risks from the Federal Reserve's policy tightening while watching developments in the Russia-Ukraine war. The US struck a gas deal with the European Union, supplying 15 billion cubic metres of liquefied natural gas to the block this year to help it wean off Russian energy dependence. In regular trading on Thursday, the Dow rose 1%, the S&P 500 gained 1.4%, and the Nasdaq Composite jumped 1.9%2022-03-25T13:08:48.783"
US Treasury Yields Hover Near 3-Year Highs,Government Bond 10Y,"US Treasury Yields Hover Near 3-Year HighsUnited States Government Bond 10YThe benchmark 10-year Treasury yield bottomed around 2.36%, having touched a 33-month high of 2.42% earlier this week as expectations of higher interest rates dented appetite for government debt. Market moves were exacerbated this week by surprisingly hawkish comments from Fed Chair Powell and his rate-setting colleagues, which, in turn, led markets to bet on a higher probability of the Fed lifting rates by 50 rather than 25 basis points in May. Meanwhile, investors continued to watch developments in the Russia-Ukraine war as ongoing peace talks failed to progress.2022-03-25T09:43:42.067"
Dollar Pressured by Improving Risk Sentiment,Currency,"Dollar Pressured by Improving Risk SentimentUnited States CurrencyThe dollar index fell below 98.6 on Friday, paring some gains from earlier this week, as an improving global risk sentiment countered a firm hawkish stance from the Federal Reserve. Riskier assets rallied this week as investors appeared to shrug off geopolitical and economic uncertainties, denting demand for the safe-haven dollar. Meanwhile, Chicago Fed President Charles Evans was the latest Fed official to signal readiness for moving more aggressively, saying Thursday he’s “comfortable” with raising rates in quarter-point increments while being “open” to a 50 basis-point increase if needed. This followed similar remarks from his colleagues, including from Fed Chair Jerome Powell who opened the door for raising rates by more than 25 basis points at upcoming policy meetings to prevent inflation, which currently runs at 40-year highs, from getting entrenched.2022-03-25T06:16:25.773"
Tenth District Manufacturing Activity Grows at Record Pace,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Grows at Record PaceUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index rose to 46 in March of 2022, the highest on record, Increased activity was driven by growth in printing and paper, plastics, electrical equipment, furniture and related product manufacturing, and especially transportation equipment. On the other hand, the pace of growth for food and machinery manufacturing declined. Indexes for production, shipments, new orders, backlog of orders, and supplier delivery time increased at a faster rate in March. However, the pace of growth for number of employees and new orders for exports moved down. “Regional factory activity increased at a record pace in March. However, due to increasing input costs and supply chain disruptions, nearly a quarter of firms noted a significant decrease in profit margins since the beginning of the year, and another 44% reported a slight decrease in profit margins.” said o Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City.2022-03-24T15:12:15.413"
US Manufacturing Activity Hits 6-month High,Manufacturing PMI,"US Manufacturing Activity Hits 6-month HighUnited States Manufacturing PMIThe S&P Global US Manufacturing PMI increased to 58.5 in March of 2022 from 57.3 in February, easily beating forecasts of 56.3, preliminary estimates showed. It was the highest reading since September 2020, with output rising at the fastest rate since last June, supported by increasing demand, fewer supply bottlenecks and the easing of coronavirus-related restrictions. The pace of job creation in the industry was the sharpest since April 2020. On the price front, manufacturers continued to register sharper upticks in input costs while output charges slowed only slightly. Finally, escalating inflationary pressures and concerns related to Russia's invasion of Ukraine clouded the sentiment in the industry. 
2022-03-24T13:53:00"
US Private Sector Recovery Gains Momentum,Composite PMI,"US Private Sector Recovery Gains MomentumUnited States Composite PMIThe S&P Global US Composite PMI rose to 58.5 in March 2022, from 55.9 in the previous month, a preliminary estimate showed, as demand conditions and supply issues continued to improve from January’s omicron impact. It was the fastest growth in the American private sector since July, as both goods producers and service providers saw higher output levels. On the demand side, new orders rose to a 9-month high, along with stronger overseas demand. Companies responded to higher demand by raising staffing levels at the fastest pace in almost a year. Still, costs went up at one of the strongest paces recorded in the series, driven by energy, fuel, and raw material prices. The highest costs were passed onto clients, although the rate of inflation moderated slightly. Finally, the production outlook was the least positive in five months, mostly weighed down by concerns over soaring costs and the war in Ukraine.2022-03-24T13:49:00"
US Current Account Gap Narrows Slightly in Q4,Current Account,"US Current Account Gap Narrows Slightly in Q4United States Current AccountThe current account deficit in the US shrank to $217.9 billion, or 3.6% of the GDP in the fourth quarter of 2021 from an upwardly revised $219.9 billion in the prior period, matching market forecasts. The services surplus rose slightly to $49.9 billion from $49.8 billion in Q3, and the primary income surplus also went up to $48.2 billion from $41.9 billion. At the same time, the secondary income deficit shrank to $38 billion from $38.4 billion, mainly due to an increase in general government transfers, primarily fines and penalties and taxes on income and wealth. Meanwhile, the goods gap widened to $274.8 billion from $273.2 billion, as imports jumped $41.8 billion to $756.9 billion whereas exports rose $31.6 billion to $473.5 billion. In 2021, the US current account deficit shot up 33.4% to an all-time high of $821.6 billion, reflecting an expanded deficit on goods. The deficit last year represented 3.6% of GDP, the largest share since 2008 and up from 2.9% in 2020. 




2022-03-24T12:34:00"
Dollar Firms Up on Hawkish Fed Stance,Currency,"Dollar Firms Up on Hawkish Fed StanceUnited States CurrencyThe dollar index held above 98.8 on Thursday, inching toward its highest level in nearly two years after Federal Reserve officials indicated readiness to take more aggressive action to bring inflation under control, including a possible 50 basis point rate hike in May. San Francisco Fed President Mary Daly, noted for being more cautious about policy tightening, said that she supports a bigger rate hike if needed to combat inflation given a strong labor market. This followed similar remarks from her colleagues, including from Fed Chair Jerome Powell who opened the door for raising rates by more than 25 basis points at upcoming policy meetings to prevent inflation, which currently runs at 40-year highs, from getting entrenched. Meanwhile, the dollar was also buoyed ahead of US President Joe Biden’s meeting with NATO allies where he is expected to announce additional sanctions against Russia over its invasion of Ukraine.2022-03-24T05:36:32.86"
US Stocks Close Lower,Stock Market,"US Stocks Close LowerUnited States Stock MarketThe Dow lost more than 400 points and both the S&P 500 and the Nasdaq fell over 1% on Wednesday, as investors looked ahead to tighter monetary policy from the Fed and inflation concerns returned with oil prices resuming the rally. Markets were recalibrating the possibility of a 50-bps hike in May following hawkish comments from several policymakers this week. Fed Chair Powell opened the door for a more aggressive move to tame inflation, which is now running at 40 years highs. Meanwhile, Ukrainian President Zelenskyy called for more pressure on Russia from Western countries as ongoing peace talks between Moscow and Kyiv failed to progress. Financials were among the worst performers while the energy sector rose along with utilities. Among single stocks, Photoshop maker Adobe slipped after it forecast downbeat Q2 revenue and profit while General Mills gained on strong earnings and GameStop also rose after Chairman Cohen's investment company bought 100,000 shares of the videogame retailer.2022-03-23T20:03:00"
US Crude Inventories Unexpectedly Fall: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Fall: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 2.508 million barrels to 413.4 million barrels in the week ended March 18th, after a 4.345 million rise in the previous period and compared with market expectations of a 0.114-million-barrel increase, data from the EIA Petroleum Status Report showed. Also, gasoline inventories declined by 2.947 million barrels to 238 million barrels, the seventh consecutive week of falls and more than market forecasts of a 1.986 million drop; and distillate stockpiles which include diesel and heating oil went down by 2.071 million barrels to 112.1 million barrels, the lowest since April 2014 and above the consensus of a 1.386-million-barrel fall. Meanwhile, crude stocks at the Cushing, Oklahoma, delivery hub increased by 1.235 million.2022-03-23T14:35:00"
US Stocks Fall at the Open,Stock Market,"US Stocks Fall at the OpenUnited States Stock MarketUS equity markets came under pressure on Wednesday, with major indices down about 1% as investors looked ahead to tighter monetary policy from the Fed and inflation concerns returned with oil prices resuming the rally. Markets were recalibrating the possibility of a 50-bps hike in May following hawkish comments from several policymakers this week. Fed Chair Powell, during a speech before the National Association for Business Economics, opened the door for a more aggressive move to tame inflation, which is now running at 40 years highs. Meanwhile, Ukrainian President Volodymyr Zelenskyy called for more pressure on Russia from Western countries as ongoing peace talks between Moscow and Kyiv failed to progress. 2022-03-23T13:34:00"
Cintas earnings above expectations at 2.69 USD,Earnings,"Cintas earnings above expectations at 2.69 USDUnited States EarningsCintas (CTAS) released earnings per share at 2.69 USD, compared to market expectations of 2.47 USD.2022-03-23T12:46:08.723"
General Mills earnings above expectations at 0.84 USD,Earnings,"General Mills earnings above expectations at 0.84 USDUnited States EarningsGeneral Mills (GIS) released earnings per share at 0.84 USD, compared to market expectations of 0.78 USD.2022-03-23T11:35:43.61"
Dollar Keeps Upside Momentum,Currency,"Dollar Keeps Upside Momentum United States CurrencyThe dollar index gained further ground towards the 99 mark as investors adjusted their expectations for rate hikes following hawkish comments from several Fed policymakers. Markets were recalibrating the higher possibility of a 50-bps hike in May after Fed Chair Powell, during a speech before the National Association for Business Economics, opened the door for a more aggressive move to tame inflation, which is now running at 40 years highs. Other policymakers issued similar views toward monetary tightening to rein in surging prices, citing inflationary and supply-side risks stemming from the Ukraine crisis.2022-03-23T10:22:10.317"
US Stock Futures Fall,Stock Market,"US Stock Futures Fall United States Stock MarketFutures contracts tied to the three major indices declined nearly 0.5% each, as investors looked ahead to tighter monetary policy from the Fed while watching developments in the Russia-Ukraine war. Markets were recalibrating the higher possibility of a 50-bps hike in May following hawkish comments from several policymakers this week. Fed Chair Powell, during a speech before the National Association for Business Economics, opened the door for a more aggressive move to tame inflation, which is now running at 40 years highs. In regular trading on Tuesday, the Dow rose 0.7% while the S&P 500 climbed 1.1%. The Nasdaq Composite was the relative outperformer, rallying 2% as big tech names pushed the index higher. 2022-03-23T10:02:00"
US Treasury Yields Hover Near 3-Year Highs,Government Bond 10Y,"US Treasury Yields Hover Near 3-Year HighsUnited States Government Bond 10YThe benchmark 10-year Treasury yield bottomed around 2.36%, having touched a 33-month high of 2.42% earlier this session as expectations of higher interest rates dented appetite for government debt. Market moves came in the aftermath of surprisingly hawkish comments from Fed Chair Jerome Powell during a speech before the National Association for Business Economics. Powell opened the door for raising interest rates by more than 25 basis points at upcoming policy meetings to tame inflation, which is now running at 40 years highs. Meanwhile, investors continued to watch developments in the Russia-Ukraine war as ongoing peace talks failed to progress.2022-03-23T08:36:00"
Dollar Struggles for Momentum,Currency,"Dollar Struggles for MomentumUnited States CurrencyThe dollar index held around 98.4 on Wednesday after failing to hold sharp intraday gains in the previous session, as investors weighed hawkish remarks from Federal Reserve officials against an improving risk appetite that led to a rally in global equities. The dollar initially jumped on Monday after Fed Chair Jerome Powell opened the door for raising rates by more than 25 basis points at upcoming policy meetings in order to combat inflation. Other policymakers issued similar, if not more aggressive views toward monetary tightening to rein in surging prices, in some cases citing inflationary and supply-side risks stemming from the Ukraine crisis. However, the boost from hawkish Fed remarks faded due in part to a rally in equities which dented some of the safe-haven appeal of the greenback.2022-03-23T06:07:32.27"
US Crude Oil Inventories Unexpectedly Fall: API,API Crude Oil Stock Change,"US Crude Oil Inventories Unexpectedly Fall: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States declined 4.28 million barrels in the week ended March 18th, 2022, after a 3.754 million barrels rise in the previous week and compared to market expectations of a 0.0250 million increase, data from the American Petroleum Institute showed. It was the first drop in US crude stocks in a month. 2022-03-22T20:35:14.153"
Adobe Systems earnings above expectations at 3.37 USD,Earnings,"Adobe Systems earnings above expectations at 3.37 USDUnited States EarningsAdobe Systems (ADBE) released earnings per share at 3.37 USD, compared to market expectations of 3.34 USD.2022-03-22T20:17:11.837"
US Stocks Rebound,Stock Market,"US Stocks Rebound United States Stock MarketUS stocks rebound on Tuesday, with the Dow up more than 250 points, the S&P 500 rising 1.1% and the Nasdaq advancing almost 2% led by technology stocks as investors returned to faster-growing companies. Shares of banks and other financials also rose on prospects of higher long-term interest rates. Among single stocks, Nike gained 2.2% after it beat quarterly estimates for profit and revenue; and Tesla jumped about 8% after delivering its first German-made cars to customers at its Gruenheide gigafactory. On Monday, Fed Chair Powell said that the US central bank could move more aggressively by raising the interest rates by more than 25 basis points at a meeting or meetings to bring inflation, which is now running at 40 years highs, under control. Meanwhile, Russia and Ukraine failed to make progress on the ceasefire, and the shelling of Ukrainian cities continues. 2022-03-22T20:09:00"
DXY Pauses 3-Day Gain,Currency,"DXY Pauses 3-Day GainUnited States CurrencyThe dollar index stabilized around the 98.50 level, pausing a three day rally as investors returned to equity markets denting some of the safe-haven appeal of the greenback. On Monday, Federal Reserve Chair Jerome Powell said rates could increase more than the previously approved 25 basis points to bring too-high inflation under control, which pushed bets for a 50-basis-point hike at the Fed's May meeting higher. Traders are pricing in a 61.6% chance of a 50-basis-point hike at the Fed's May meeting, according to CME's FedWatch Tool, up from slightly more than 50% a week ago. The Fed delivered a quarter-point rate hike last week in a measured move to tame inflation, which is now running at 40 years highs. Meanwhile, investors continued to monitor the Russia-Ukraine war as ongoing peace talks failed to progress. Analysts warned that the Ukraine conflict would likely continue, exacerbating supply disruptions and adding to inflationary pressures that would support haven bids for the dolla2022-03-22T19:58:50.65"
Wall Street Rebound Accelerates,Stock Market,"Wall Street Rebound AcceleratesUnited States Stock MarketUS stocks extended their rebound in afternoon trading on Tuesday, with the Dow up more than 250 points, the S&P 500 rising 1% and the Nasdaq advancing 1.7% as investors reassessed the monetary policy outlook following surprisingly hawkish comments from Fed Chair Powell while watching the war in Ukraine. Powell noted that the US central bank could move more aggressively by raising the interest rates by more than 25 basis points at a meeting or meetings to bring inflation, which is now running at 40 years highs, under control. Meanwhile, Russia and Ukraine failed to make progress on the ceasefire, and the shelling of Ukrainian cities continues. On the corporate side, Nike shares climbed 3% as the world's biggest sportswear maker beat quarterly estimates for profit and revenue. Procter & Gamble was 0.5% higher after Truist upgraded the stock to a buy rating. Also, banks continued to outperform along with interest rates with JPMorgan up more than 2%, and Bank of America rising around 3%.2022-03-22T17:37:00"
Wall Street Regains Some Momentum,Stock Market,"Wall Street Regains Some Momentum United States Stock MarketThe Dow added over 100 points at the opening bell Tuesday, while the S&P 500 and the Nasdaq rose 0.4% and 0.3%, respectively, as investors reassessed the outlook for tightening monetary policy following surprisingly hawkish comments from Fed Chair Powell while watching the situation in Eastern Europe. Powell noted that the US central bank could move more aggressively by raising the interest rates by more than 25 basis points at a meeting or meetings to bring inflation, which is now running at 40 years highs, under control. Meanwhile, Russia and Ukraine failed to make progress, and Ukraine refused to surrender the port city of Mariupol to Russian forces. On the corporate side, Nike shares jumped over 6% as the world's biggest sportswear maker beat quarterly estimates for profit and revenue. Procter & Gamble added nearly 1% after Truist upgraded the stock to a buy rating. 2022-03-22T13:35:00"
US Stock Futures Rise,Stock Market,"US Stock Futures Rise United States Stock MarketUS stock futures tracking the broader market rose on Tuesday as investors reassessed the outlook for tightening monetary policy following surprisingly hawkish comments from Fed Chair Powell while watching the situation in Eastern Europe. Powell noted that the US central bank could move more aggressively by raising the interest rates by more than 25 basis points at a meeting or meetings to bring inflation, which is now running at 40 years highs, under control. On the corporate side, Nike shares jumped over 5% in the premarket on an earnings and revenue beat driven by strong demand in North America. In regular trading on Monday, the Dow fell 0.6%, the S&P 500 shed 0.04%, and the Nasdaq Composite lost 0.4%.2022-03-22T10:05:13.647"
US Futures Slip After Hawkish Powell Remarks,Stock Market,"US Futures Slip After Hawkish Powell RemarksUnited States Stock MarketUS stock futures slipped early on Tuesday after hawkish remarks from Federal Reserve Chair Jerome Powell snapped last week’s winning streak on Wall Street. Futures contracts tied to the three major indexes drifted flat to negative. Nike shares jumped 6% in after-hours trading on an earnings and revenue beat driven by strong demand in North America. In regular trading on Monday, the Dow fell 0.6%, the S&P 500 shed 0.04% and the Nasdaq Composite lost 0.4%. The moves came after Powell said rates could increase more than the previously approved 25 basis points if needed to curb inflation. A surge in oil prices on Monday amid news that Europe is weighing a ban on Russian oil also dampened sentiment. Elsewhere, investors continued to monitor the Russia-Ukraine war as ongoing peace talks failed to make progress, as well as an omicron subvariant that is spreading rapidly across Europe.2022-03-22T00:10:00"
Nike earnings above expectations at 0.87 USD,Earnings,"Nike earnings above expectations at 0.87 USDUnited States EarningsNike (NKE) released earnings per share at 0.87 USD, compared to market expectations of 0.73 USD.2022-03-21T20:29:50.88"
Powell Signals Further and Faster Hikes if Necessary,Interest Rate,"Powell Signals Further and Faster Hikes if NecessaryUnited States Interest RateFederal Reserve policymakers will take the necessary steps to get inflation down even if that means increasing interest rates by more than 25 basis points at a meeting or meetings, Chair Powell said in comments to a National Association for Business Economics conference in Washington. Powell also repeated that the Fed's reductions to its massive balance sheet could start by May. The Fed raised the target for the fed funds rate by a quarter-point to 0.25%-0.5% during its March 2022 meeting for the first time in three years and signaled ongoing rate hikes ahead. The Fed now sees rate hikes at each of the six remaining meetings this year, with the fed funds rate reaching 1.9% by year’s end. 2022-03-21T17:33:00"
Pinduoduo Inc earnings above expectations at 0.92 USD,Earnings,"Pinduoduo Inc earnings above expectations at 0.92 USDUnited States EarningsPinduoduo Inc (PDD) released earnings per share at 0.92 USD, compared to market expectations of 0.20 USD.2022-03-21T12:16:11.49"
Dollar Firms on Hawkish Fed Expectations,Currency,"Dollar Firms on Hawkish Fed ExpectationsUnited States CurrencyThe dollar index firmed up above 98.2 on Monday after jumping in the previous session, supported by hawkish comments from Federal Reserve officials who said last week the central bank needs to take more aggressive steps to combat inflation. St. Louis Fed President James Bullard, who favored a bigger 50 basis point rate increase in the last meeting, said Friday that officials should raise rates to more than 3% this year. Minneapolis Fed President Neel Kashkari, a former dove, also said he wants to raise rates to 1.75% to 2% this year, according to an essay published on the regional Fed bank's website. The Fed delivered a quarter-point rate hike last week in an effort to tame 40-year high inflation, and signaled six more rate increases over the course of this year.2022-03-21T07:20:24.33"
Week Ahead,GDP,"Week AheadUnited States GDPUkraine will remain in focus with any new development set to create volatility. Also, investors will be paying attention to the covid situation as the virus is again spreading in Europe and Asia and causing lockdowns in Chinese cities. Finally, speeches from several Fed officials should provide further clues on the course of US monetary policy.2022-03-19T12:30:00"
NASDAQ 100 Hits 4-week High,Stock Market,NASDAQ 100 Hits 4-week HighUnited States Stock MarketUSNDX increased to a 4-week high of 143432022-03-18T18:56:20.837
Dow Jones Hits 4-week High,Stock Market,Dow Jones Hits 4-week HighUnited States Stock MarketUS30 increased to a 4-week high of 344852022-03-18T16:40:12.603
S&P 500 Hits 4-week High,Stock Market,S&P 500 Hits 4-week HighUnited States Stock MarketUS500 increased to a 4-week high of 44182022-03-18T15:36:55.573
Wall Street Set for Best Week Since November 2020,Stock Market,"Wall Street Set for Best Week Since November 2020United States Stock MarketVolatility continued to grip equities on Friday, with the Dow Jones down nearly 0.6%, the S&P 500 trading around the flatline, while the tech-heavy Nasdaq outperformed by rising almost 1%. The moves came as Wall Street enjoyed a relief rally this week, with the Dow Jones adding nearly 4.7% while the S&P advanced about 5%, both on track for its best week since November 2020. The tech-heavy Nasdaq increased almost 6%. Investors have been digesting the kickstart of the Federal Reserve monetary tightening and the ongoing war between Russia and Ukraine. The US central bank announced a widely expected 25 basis point rate hike and signalled six more hikes this year. Regarding the Russia-Ukraine war, President Joe Biden is set to discuss the conflict in Ukraine with Chinese President Xi Jinping while warning of retaliation if Beijing supports Russia in Ukraine. 2022-03-18T15:29:00"
Dollar Set to Snap Five-Week Rally,Currency,"Dollar Set to Snap Five-Week RallyUnited States CurrencyThe dollar index held its recent decline to 98 on Friday and was headed for its first down week in six, languishing near a one-week low as investors continued to assess the impact of the Federal Reserve’s measured move to tighten monetary policy. The greenback weakened even after the Fed delivered its first interest rate hike since 2018 and signaled the equivalent of a quarter-point increase at each of its six remaining policy meetings this year to combat inflation. The Fed has also downgraded its GDP estimate for 2022 to a 2.8% expansion from the 4% it predicted in December, citing high prices and economic disruptions from the war in Ukraine. Meanwhile, investors continued monitoring the ongoing ceasefire talks between Russia and Ukraine after officials from both countries said their positions remained far apart as the war entered its fourth week.2022-03-18T06:34:50.167"
FedEx earnings below expectations at 4.59 USD,Earnings,"FedEx earnings below expectations at 4.59 USDUnited States EarningsFedEx (FDX) released earnings per share at 4.59 USD, compared to market expectations of 4.69 USD.2022-03-17T20:22:13.547"
Dollar Hits One-Week Low,Currency,"Dollar Hits One-Week Low United States CurrencyThe dollar index depreciated to fresh weekly lows in the 98 neighbourhood, moving in tandem with lower Treasury yields, as investors digested the kickstart of the Federal Reserve tightening cycle, which brought no additional hawkish surprises. The US central bank has approved its first interest rate hike in more than three years, lifting its benchmark rate by 25bps while pointing to six more interest-rate increases by year’s end, moving more aggressively to slow inflation. The Fed has also downgraded its gross domestic product growth estimate for 2022 to 2.8%, from the 4% projected in December. Aside from policy headlines, investors continued to follow developments in the Russia-Ukraine war. The most pronounced selling activity was against commodity-linked currencies such as the Australian and New Zealand dollars. 2022-03-17T16:06:57.487"
US Manufacturing Production Beats Estimates in February,Manufacturing Production MoM,"US Manufacturing Production Beats Estimates in FebruaryUnited States Manufacturing Production MoMProduction in US factories rose 1.2 percent from a month earlier in February of 2022, the most in 4 months following a downwardly revised 0.1 percent increase in January and above market expectations of a 0.6 percent gain. The indexes for durable and nondurable manufacturing moved up 1.3 percent and 1.1 percent, respectively, while the output of other manufacturing (publishing and logging) moved down 0.4 percent. Most major durable and nondurable goods industry groups posted gains. An exception was the output of motor vehicles and parts, which declined 3.5 percent and continued to be restrained by a shortage of electronic components. Meanwhile, capacity utilization at factories rose to 78%, the highest since 2018, from 77.1% a month earlier. 2022-03-17T15:33:06.863"
US Industrial Output Grows 0.5% in February,Industrial Production Mom,"US Industrial Output Grows 0.5% in FebruaryUnited States Industrial Production MomIndustrial production in the United States increased 0.5 percent from a month earlier in February of 2022, following a 1.4 percent rise in January and in line with market expectations. Manufacturing output advanced 1.2 percent, above forecasts of a 0.6 percent gain, mainly due to durable (1.3 percent) and nondurable (1.1 percent) manufacturing. On the other hand, output of publishing and logging went down 0.4 percent and output of motor vehicles and parts declined 3.5 percent and continued to be restrained by a shortage of electronic components. Meanwhile, the index for utilities declined 2.7 percent, and the output of mines edged up 0.1 percent.2022-03-17T13:23:11.963"
US Stock Futures Decline Slightly,Stock Market,"US Stock Futures Decline SlightlyUnited States Stock MarketUS stock futures drifted into negative territory on Thursday after a strong finish yesterday, as investors digested the latest Federal Reserve decision and moved back their attention to the war in Ukraine. The Fed hiked its benchmark interest rate for the first time since 2018 by a widely expected 25bps but pointed to six more interest-rate increases by year’s end, moving more aggressively to slow inflation, which is running at a four-decade high. At the same time, Fed Chair Jerome Powell emphasized that the US economy can withstand tighter monetary conditions and that the likelihood of a recession is “not particularly elevated.” Meanwhile, there were no new developments on the progress of ceasefire talks between Russia and Ukraine. In regular trading on Wednesday, the Dow rose 1.55%, the S&P 500 advanced 2.24% and the Nasdaq rallied 3.77%. 2022-03-17T12:54:08.497"
Philadelphia Factory Activity Unexpectedly Grows,Philadelphia Fed Manufacturing Index,"Philadelphia Factory Activity Unexpectedly GrowsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US rose to 27.4 in March of 2022 from 16 in February and above market expectations of 15. It was the highest reading since last November. The survey’s indicators for general activity, shipments, and new orders all rose after declining last month. The employment index and both price indexes climbed higher and remain elevated. The survey’s future general activity, new orders, and shipments indexes moderated, but the surveyed firms remained generally optimistic about growth over the next six months.2022-03-17T12:35:00"
US Building Permits Fall in February,Building Permits,"US Building Permits Fall in FebruaryUnited States Building PermitsBuilding permits in the United States fell 1.9 percent from a month earlier to a seasonally adjusted annual rate of 1,859 million in February 2022, down from the previous month's 16-year high of 1.895 million and in line with market expectations. Single-family authorizations edged down 0.5 percent to 1,207 thousand while those for buildings with five units or more dropped 4.5 percent to a rate of 597 thousand. Permits decreased in the Midwest (-8.4 percent to 252 thousand) and the South (-5.5 percent to 954 thousand). On the other hand, permits rose in the Northeast (22.7 percent to 173 thousand) and the West (2.1 percent to 480 thousand).

2022-03-17T12:35:00"
Dollar General earnings above expectations at 2.57 USD,Earnings,"Dollar General earnings above expectations at 2.57 USDUnited States EarningsDollar General (DG) released earnings per share at 2.57 USD, compared to market expectations of 2.56 USD.2022-03-17T11:18:28.07"
Dollar Holds Decline After Fed Decision,Currency,"Dollar Holds Decline After Fed DecisionUnited States CurrencyThe dollar index was little changed around 98.4 on Thursday after falling 0.6% in the previous session, as the Federal Reserve announced a 25 basis point rate hike that has long been anticipated without delivering a more hawkish surprise that might have been a catalyst for further dollar appreciation. The Fed also raised its projections for inflation and signaled six more hikes this year, taken by investors as an aggressive move towards keeping inflationary pressures in check. Meanwhile, the US central bank cut its GDP estimate for 2022 to a 2.8% expansion from the 4% it predicted in December, citing high prices and economic disruptions from the war in Ukraine. The dollar also weakened against riskier currencies which gained on hopes for a compromise between Russia and Ukraine.2022-03-17T06:40:07.22"
US 10-Year Treasury Yield Falls Below 2019-Highs,Government Bond 10Y,"US 10-Year Treasury Yield Falls Below 2019-HighsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note fell back to 2.16% after briefly rising to near 2-year highs of 2.24% earlier this week, as investors digest the latest FOMC statement. The Fed hiked the federal funds rate by 25bps as expected but signaled six more rate hikes this year and projected slower growth and higher inflation. Still, Fed Chair Powell said the American economy is robust and well-positioned to handle tighter monetary policy while the probability of a recession is “not particularly elevated.”2022-03-16T19:28:00"
DXY Remains Near 21-Month High,Currency,"DXY Remains Near 21-Month HighUnited States CurrencyThe dollar index touched briefly the 99 levels after the Federal Reserve hiked the fund's rate by 25bps as expected and pointed to six more hikes this year to tame surging inflation but retreated again as Fed Chair Powell was giving a press conference. “The American economy is very strong and well positioned to handle tighter monetary policy,” and the probability of a recession is “not particularly elevated.” Powell said. The latest data showed the US annual inflation rate accelerated to 7.9% in February, matching expectations but rising to a fresh 40-year high. The data came amid growing concerns over a commodity-driven rise in inflation spurred by the Russia-Ukraine war, leaving central banks with a balancing act between curbing inflation and supporting growth.2022-03-16T18:18:00"
US Crude Inventories Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 4.345 million barrels to 415.9 million barrels in the week ended March 11th, recovering from a 1.863 million fall in the previous period and compared with market expectations of a 1.375-million-barrel fall, data from the EIA Petroleum Status Report showed. Also, crude stocks at the Cushing, Oklahoma, delivery hub increased by 1.786 million to 24 million barrels, the first increase this year; and distillate stockpiles which include diesel and heating oil went up by 0.322 million barrels, against the consensus of a 1.826-million-barrel drop. Meanwhile, gasoline inventories declined by 3.616 million barrels, the sixth consecutive week of falls and above market forecasts of a 1.579 million drop.2022-03-16T14:39:00"
NAHB Homebuilder Sentiment at 6-Month Low,Nahb Housing Market Index,"NAHB Homebuilder Sentiment at 6-Month LowUnited States Nahb Housing Market IndexThe NAHB housing market index in the US fell to a 6-month low of 79 in March of 2022 from 81 in February and below market forecasts of 81. The home sales over the next six months sub-index sank to 70 from 80 and the current single-family sub-index dropped to 86 from 89 while the gauge for prospective buyers increased to 67 from 65. ""Builders are more concerned that increasing construction costs and higher interest rates will price prospective home buyers out of the market. While low existing inventory and favorable demographics are supporting demand, the impact of elevated inflation and expected higher interest rates suggests caution for the second half of 2022"", NAHB Chief Economist Robert Dietz said.2022-03-16T14:07:00"
US Business Inventories Rise as Expected,Business Inventories,"US Business Inventories Rise as ExpectedUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 1.1 percent from a month earlier in January of 2022, as expected, after an upwardly revised record-setting 2.4 percent increase in the prior month. Stocks rose the most among retailers (2.0 percent vs 4.7 percent in December), followed by merchant wholesalers (0.8 percent vs 2.6 percent) and manufacturers (0.7 percent vs 0.4 percent). Year-on-year, business inventories climbed 11.4 percent in January.
2022-03-16T14:03:01.103"
US Export Prices Rise the Most on Record,Export Prices MoM,"US Export Prices Rise the Most on RecordUnited States Export Prices MoMUS export prices rose 3.0 percent from a month earlier in February of 2022, accelerating from a downwardly revised 2.8 percent advance in January. It was the largest monthly rise since 1-month percent changes were first published in January 1989. Prices for agricultural exports increased 3.0 percent, following a 2.8 percent increase in the prior month, as higher prices for soybeans, corn, and cotton more than offset lower nut prices. The cost of nonagricultural exports rose 3.0 percent, the most on record, due to higher prices for nonagricultural industrial supplies and materials; capital goods; consumer goods; automotive vehicles; and nonagricultural foods. On a yearly basis, US exports advanced 16.6 percent in February.2022-03-16T12:34:00"
US Futures Firm Ahead of FOMC,Stock Market,"US Futures Firm Ahead of FOMCUnited States Stock MarketUS futures were higher on Wednesday, extending the previous session rally, as traders await the FOMC decision later in the day and a highly-anticipated 25bps increase in the fed funds rate. Contracts on the Dow Jones futures were up more than 300 points, the S&P 500 added 1% and the tech-heavy Nasdaq 100 soared 1.8%. Meanwhile, market sentiment was also supported by the ongoing ceasefire talks between Russia and Ukraine, China's pledge to roll out policies favourable for capital markets, while oil prices remain below recent highs. Investors will also keep an eye on Ukrainian President address to Congress on Wednesday. On the data front, retail sales rose less than expected last month as inflation continues to pressure purchasing power. 2022-03-16T09:25:00"
Dollar Consolidates Ahead of Fed Decision,Currency,"Dollar Consolidates Ahead of Fed DecisionUnited States CurrencyThe dollar index was near the 99 level on Wednesday, not far off a 21-month high of 99.4 touched last week, as investors awaited a key Federal Reserve decision where it is widely expected to announce a quarter-point interest rate hike to tame surging inflation. US Treasury yields rose to their highest in more than two-and-a-half years ahead of the announcement, providing support to the greenback. Latest data showed the US annual inflation rate accelerated to 7.9% in February, matching expectations but rising to a fresh 40-year high. The data came amid growing concerns over a commodity-driven rise in inflation spurred by the Russia-Ukraine war, leaving central banks with a balancing act between curbing inflation and supporting growth. Investors will also be watching for adjustments to the economic outlook, the path of rates and the likely schedule of asset tapering given added uncertainty from the Russia-Ukraine war.2022-03-16T05:57:00"
US Futures Drift  Ahead of Fed Decision,Stock Market,"US Futures Drift  Ahead of Fed DecisionUnited States Stock MarketUS stock futures drifted in Asian trade on Wednesday after the major averages rallied overnight, as investors await the Federal Reserve’s policy decision and updated economic outlook. Futures tied to the three major indexes drifted between small gains and losses. In regular trading on Tuesday, the Dow added 1.82%, while the S&P 500 and Nasdaq Composite rallied 2.14% and 2.92%, respectively. 10 of the 11 S&P sectors advanced, with the energy sector being the sole decliner. The gains came ahead of the conclusion of a two-day Fed meeting where it is widely expected to raise interest rates by 25 basis points to curb inflation. Investors will also be watching for adjustments to the economic outlook, the path of rates and the likely schedule of asset tapering given added uncertainty from the Russia-Ukraine war. Falling oil prices and lower than expected producer inflation also eased concerns over mounting inflationary pressures, aiding market sentiment.2022-03-15T23:59:00"
Wall Street Rebounds on Tuesday,Stock Market,"Wall Street Rebounds on TuesdayUnited States Stock MarketUS stocks closed sharply higher on Tuesday, after the decline in oil prices and lower than expected producer inflation eased concerns over mounting inflationary pressures. The Dow Jones closed 600 points higher while the S&P 500 and the Nasdaq gained 2.1% and 2.9%, respectively.  Still, the impact of the surge in commodity prices was not yet captured by price data, while lockdowns from rising Covid infections in China continue to threaten supply chains. Attention now turns to the Fed’s policy decision tomorrow, with the central bank expected to deliver a quarter-point rate hike, the first increase in the fed funds rate since 2018. Investors also await an update on inflation and growth expectations and guidance on the impact that the war in Ukraine may have on the economy. 
2022-03-15T20:06:00"
Wall Street Bounces Back,Stock Market,"Wall Street Bounces Back United States Stock MarketUS stocks were higher on Tuesday as oil prices continued to fall to levels not seen since the Russian invasion of Ukraine, easing some concerns over mounting inflationary pressures on the economy. Also, producer inflation last month was lower than anticipated although the impact of the recent surge in commodity prices was not captured yet. Still, market volatility is set to continue as worries over the Russia-Ukraine war linger and investors remain cautious ahead of a key Fed monetary policy decision due tomorrow. The Fed is expected to deliver a quarter-point rate hike, which would be the first increase in the fed funds rate since 2018. The Dow Jones was up more than 400 points and both the S&P 500 and the Nasdaq gained around 2% each, after the latter ended in bear market territory on Monday.2022-03-15T13:32:00"
"US Futures Lower, Volatility Set to Continue",Stock Market,"US Futures Lower, Volatility Set to ContinueUnited States Stock MarketUS futures reversed early gains to trade around 0.4% lower on Tuesday and volatility is set to continue when markets open as worries over the Russia-Ukraine war linger and investors remain cautious ahead of a key Fed monetary policy decision due tomorrow. The Fed is expected to deliver a quarter-point rate hike, which would be the first increase in the fed funds rate since 2018. At the same time, a stock sell-off in Chinese equities continued for a second day, also weighing on investors mood. On Monday, the Dow Jones ended little changed at 32945, the S&P 500 lost 0.7% and the Nasdaq sank 2% to close in bear market territory.2022-03-15T09:40:54.367"
Dollar Consolidates Ahead of Key FOMC Meeting,Currency,"Dollar Consolidates Ahead of Key FOMC MeetingUnited States CurrencyThe dollar index consolidated recent gains around the 99 level on Tuesday, not far off a 21-month high of 99.4 touched last week, as the Federal Reserve is set to start a two-day policy meeting where it is widely expected to raise interest rates by 25 basis points to tame soaring inflation. Latest data showed the US annual inflation rate accelerated to 7.9% in February, matching expectations but rising to a fresh 40-year high. The data came amid growing concerns over a commodity-driven rise in inflation spurred by the Russia-Ukraine war, leaving central banks with a balancing act between curbing inflation and supporting growth. Investors will also be watching for adjustments to the economic outlook, the path of rates and the likely schedule of asset tapering given added uncertainty from the Russia-Ukraine war.2022-03-15T04:37:56.777"
10-Year Treasury Yield Hits Highest Level Since July 2019,Government Bond 10Y,"10-Year Treasury Yield Hits Highest Level Since July 2019United States Government Bond 10YThe benchmark 10-year Treasury yield broke above 2.1%, a level not seen since July 2019, as investors anticipate a looming policy tightening cycle. The latest CPI data showed that the annual inflation rate in the US accelerated to 7.9% in February of 2022, the highest since January 1982. The hot inflation reading came on the heels of better-than-expected nonfarm payrolls numbers earlier this month while surging commodities prices added to inflationary pressures. While Fed Chair Jerome Powell pointed to a 25 basis point hike on March 16th, he opened the door for a more aggressive move if inflation does not abate as anticipated. Meanwhile, investors continued to monitor developments in the Russia-Ukraine crisis. Headlines suggesting hopes for a diplomatic push for a ceasefire even as Russia intensified fighting in Kyiv overnight have dented the appeal of safe-haven assets.2022-03-14T11:27:00"
Dollar Struggles to Hold Momentum,Currency,"Dollar Struggles to Hold Momentum United States CurrencyThe dollar index bottomed around the 98.70 level on Monday, moving further away from a nearly two-year peak of 99.60 touched last week as investors continued to monitor the outlook for monetary policy and developments surrounding the war in Ukraine. The latest CPI data showed that the annual inflation rate in the US accelerated to 7.9% in February of 2022, the highest since January 1982. The hot inflation reading came on the heels of better-than-expected nonfarm payrolls numbers earlier this month while surging commodities prices added to inflationary pressures. While Fed Chair Jerome Powell pointed to a 25 basis point hike on March 16th, he opened the door for a more aggressive move if inflation does not abate as anticipated. Meanwhile, investors continued to monitor developments in the Russia-Ukraine crisis. Headlines suggesting hopes for a diplomatic push for a ceasefire even as Russia intensified fighting in Kyiv overnight have dented the appeal of safe-haven currencies. 2022-03-14T10:12:52.723"
Dollar Firms Up Ahead of Key FOMC Meeting,Currency,"Dollar Firms Up Ahead of Key FOMC MeetingUnited States CurrencyThe dollar index held firmly above 99 on Monday after rising for five consecutive weeks to a near 2-year high, as investors braced for a key Federal Reserve meeting this week where it is widely expected to raise interest rates by 25 basis points after another hot inflation report. The annual inflation rate in the US accelerated to 7.9% in February, matching expectations but rising to a fresh 40-year high. The data came amid growing concerns over a commodity-driven rise in inflation spurred by the Russia-Ukraine war, leaving central banks with a balancing act between curbing inflation and supporting growth. Investors will be watching for any change in the central bank’s outlook for rates, inflation and the economy given the added uncertainty from the Ukraine crisis. Moreover, the dollar found support from rising Treasury yields which jumped back above 2% as rate hike bets piled on.2022-03-14T06:31:09.59"
Wall Street Regains Traction,Stock Market,"Wall Street Regains Traction United States Stock MarketUS stocks regained ground on Friday, with the Dow rising almost 300 points while both the S&P 500 and the Nasdaq gained around 0.6% each as investors took advantage of lower valuations while digesting headlines indicating positive talks between Russia and Ukraine. According to a translation by NBC News, Russian President Vladimir Putin noted that some progress had been made in negotiations between the two countries. However, Putin's comments came a day after talks in Turkey failed as Moscow's representative defended its invasion and said it was going as planned. On the economic front, the annual inflation rate in the US accelerated to 7.9% in February of 2022, the highest since January of 1982 but matching market expectations. Week to date, the Dow is down 1.31% and headed for its fifth weekly drop. Meantime, the S&P is down 1.60% and Nasdaq 1.38% this week.2022-03-11T14:45:00"
10-Year Treasury Yield Breaks Above 2%,Government Bond 10Y,"10-Year Treasury Yield Breaks Above 2%United States Government Bond 10YThe benchmark 10-year Treasury yield broke above the key 2% level, a sharp move from its recent lows of 1.67% as investors anticipate a looming policy tightening cycle. The latest CPI data showed that the annual inflation rate in the US accelerated to 7.9% in February of 2022, the highest since January 1982. The hot inflation reading came on the heels of better-than-expected nonfarm payrolls numbers earlier this month while surging commodities prices added to inflationary pressures. Fed Chair Jerome Powell has reassured investors that the central bank remains committed to tame runaway inflation while pointing to a 25 basis point hike on March 16th. Still, if inflation does not abate as anticipated, he opened the door for a more aggressive move. Meanwhile, investors continued to monitor developments in the Russia-Ukraine crisis. Western states implemented harsh sanctions against Russia after the country's move to launch a full-scale invasion of Ukraine last month.2022-03-11T14:04:00"
Wall Street Set to Open Higher,Stock Market,"Wall Street Set to Open Higher United States Stock MarketUS stock futures tracking the broader market surged on Friday, as investors took advantage of lower valuations while digesting headlines indicating positive talks between Russia and Ukraine. According to a translation by NBC News, Russian President Vladimir Putin noted that some progress had been made in negotiations between the two countries. However, Putin's comments came a day after talks in Turkey failed as Moscow's representative defended its invasion and said it was going as planned. On the economic front, the annual inflation rate in the US accelerated to 7.9% in February of 2022, the highest since January of 1982 but matching market expectations. In regular trading on Thursday, the Dow lost 0.34%, the S&P 500 fell 0.43%, and the Nasdaq Composite dropped 0.95%. Week to date, the Dow is down 1.31% and headed for its fifth weekly drop. Meantime, the S&P is down 1.60% and Nasdaq 1.38% this week.2022-03-11T12:48:00"
Wall Street Poised for Weekly Decline,Stock Market,"Wall Street Poised for Weekly Decline United States Stock MarketVolatility once again gripped market futures on Friday as investors continued to monitor developments surrounding the war in Ukraine while bracing for the impact of tighter monetary policy from central banks. Recent talks between Russia and Ukraine's foreign ministers in Turkey failed as Moscow's representative defended its invasion and said it was going as planned. On the economic front, the annual inflation rate in the US accelerated to 7.9% in February of 2022, the highest since January of 1982 but matching market expectations. In regular trading on Thursday, the Dow lost 0.34%, the S&P 500 fell 0.43%, and the Nasdaq Composite dropped 0.95%. Week to date, the Dow is down 1.31% and headed for its fifth weekly drop. Meantime, the S&P is down 1.60% and Nasdaq 1.38% this week.2022-03-11T09:51:00"
Dollar Edges Higher Ahead of FOMC Meeting,Currency,"Dollar Edges Higher Ahead of FOMC MeetingUnited States CurrencyThe dollar index rose above 98.3 on Friday after hitting a 1-week low of 97.7 in the previous session, as investors braced for the Federal Reserve meeting scheduled next week where it is widely expected to raise interest rates by 25 basis points after another hot inflation report. The annual inflation rate in the US accelerated to 7.9% in February, matching expectations but rising to a fresh 40-year high. The data came amid global concerns over a commodity-driven rise in inflation spurred by the Russia-Ukraine war, leaving central banks with a balancing act between curbing inflation and supporting growth. Meanwhile, the dollar also benefited from safe-haven flows after the first round of talks between the Russian and Ukrainian foreign ministers failed to yield a ceasefire.2022-03-11T06:03:41.053"
Oracle earnings below expectations at 1.13 USD,Earnings,"Oracle earnings below expectations at 1.13 USDUnited States EarningsOracle (ORCL) released earnings per share at 1.13 USD, compared to market expectations of 1.17 USD.2022-03-10T21:29:00.537"
The Dow Jones Index decreasing 1.00%,Stock Market,"The Dow Jones Index decreasing 1.00%United States Stock MarketUnited States Stock Market is falling 332 points. Losses were driven by Apple (-3.77%), Intel (-2.84%) and P&G (-2.63%). Biggest rises came from Chevron (2.01%), Walmart (1.56%) and Dow Inc (0.75%).2022-03-10T20:30:20.377"
US Budget Deficit Narrows Less than Expected,Government Budget Value,"US Budget Deficit Narrows Less than ExpectedUnited States Government Budget ValueThe US budget deficit narrowed to USD 217 billion in February of 2022 from the USD 311 billion gap in the same period last year, well above market expectations of a USD 49.5 billion deficit. Still, it was the highest deficit since July of 2021. Receipts totaled USD 290 billion, 17 percent lower than the record high for a February posted in 2021, as a result of the economic recovery efforts from the pandemic. At the same time, outlays were down by 9 percent to USD 506 billion as a result of lower unemployment compensation and less pandemic benefits. The total deficit for the first five months of the fiscal year totaled USD 476 billion, the Treasury said.
2022-03-10T19:07:00"
US 10-Year Treasury Yield Picks Up to 2-Week High,Government Bond 10Y,"US 10-Year Treasury Yield Picks Up to 2-Week HighUnited States Government Bond 10YThe benchmark 10-year Treasury yield rose to a two-week high above 1.98%, a sharp move from its weekly lows of 1.67% as investors anticipate a looming policy tightening cycle. Prices paid by US consumers jumped 7.9% in February from a year earlier, the highest inflation rate since 1982 and in line with market expectations. Fed Chair Jerome Powell has reassured investors that the central bank remains committed to tame runaway inflation while pointing to a 25 basis point hike on March 16th. Meantime, investors continued to monitor developments in the Russia-Ukraine crisis. Western states implemented harsh sanctions against Russia after the country's move to launch a full-scale invasion of Ukraine last month.2022-03-10T13:57:00"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under Pressure United States CurrencyThe dollar index bottomed around the 98.00 level on Thursday, moving further away from a nearly two-year peak of 99.40 touched earlier this week as investors continued to monitor the outlook for inflation and developments surrounding the war in Ukraine. The latest CPI data showed that the annual inflation rate in the US accelerated to 7.9% in February of 2022, the highest since January of 1982 but matching market expectations. The hot inflation reading came along with a disappointing US jobless claims report, which, in turn, eased some concerns about an aggressive monetary tightening. 2022-03-10T13:47:00"
Dollar Regains Momentum,Currency,"Dollar Regains MomentumUnited States CurrencyThe dollar index managed to regain ground above the 98.00 mark, recovering from its worst day in two years that sent the US currency as low as 97.85 in the prior session. Investors continued to monitor developments surrounding the war in Ukraine while awaiting consumer prices data for clues on the Federal Reserve's plans to hike interest rates. Market moves came on the heels of a better than expected US labour report last week and surging inflation, with headline CPI expected to accelerate 7.9% year-over-year, rising further from January's 7.5% rise. Still, Fed Chair Powell pointed to a 25 basis point rate hike but opened the door for a more hawkish movement if inflation does not abate as anticipated. 2022-03-10T10:42:00"
Wall Street Braces for Volatility Ahead of CPI Data,Stock Market,"Wall Street Braces for Volatility Ahead of CPI DataUnited States Stock MarketVolatility continued to grip market futures on Thursday as investors have been monitoring developments surrounding the war in Ukraine while awaiting consumer prices data for clues on the Federal Reserve's plans to hike interest rates. Recent talks between Russia and Ukraine's foreign ministers in Turkey failed as Moscow's representative once again defended its invasion and said it was going as planned. On top of that, an unexpectedly strong jobs report last week raised concerns about a more aggressive move by the central bank. Still, Fed Chair Powell pointed to a 25 basis point rate hike but opened the door for a more hawkish movement if inflation does not abate as anticipated. Amazon jumped over 6% in late trading as it eyes a stock split and shares buyback, while Crowdstrike rallied 13% on strong earnings and outlook. In regular trading on Wednesday, the Dow rose 2%, the S&P 500 gained 2.57%, and the Nasdaq rallied 3.6%.2022-03-10T09:46:00"
CrowdStrike Holdings Inc. earnings above expectations at 0.30 USD,Earnings,"CrowdStrike Holdings Inc. earnings above expectations at 0.30 USDUnited States EarningsCrowdStrike Holdings Inc. (CRWD) released earnings per share at 0.30 USD, compared to market expectations of 0.20 USD.2022-03-09T21:31:35.22"
Wall Street Consolidates Sharp Rebound,Stock Market,"Wall Street Consolidates Sharp ReboundUnited States Stock MarketThe major US stock indices closed with sharp gains on Wednesday, rebounding from multi-month lows as investors took advantage of recent sell-offs caused by the war in Ukraine, while weighing on cooled commodity prices, particularly oil. The Dow Jones added over 650 points to close at 33,258, while the S&P 500 ended 2.6% higher for its best day since June 2020 and the Nasdaq jumped 3.6% for its strongest day since March 2021. Technology stocks regained significant ground, led by Netflix (5%) after Wedbush upgraded the streamer’s title to neutral, while Nike (4.7%) carried consumer-related shares. Now, all eyes turn to the US inflation report for February, which might influence the pace of Federal Reserve tightening. Fed Chair Powell already pointed to a 25 basis point rate hike but opened the door for a more aggressive move if inflation does not abate as anticipated.
2022-03-09T21:06:00"
The Dow Jones Index rising 2.26%,Stock Market,"The Dow Jones Index rising 2.26%United States Stock MarketUnited States Stock Market is gaining 737 points. Leading the gains are American Express (5.96%), Salesforce.com (5.90%) and Nike (4.88%).2022-03-09T20:30:19.04"
Dollar Eases Off Two-Year Highs,Currency,"Dollar Eases Off Two-Year HighsUnited States CurrencyThe dollar index bottomed around the 98.00 level, moving away from a nearly two-year peak of 99.40 touched earlier this week as investors dumped safe-havens assets in favour of equity allocations. The most pronounced selling activity was against the euro, a move triggered by reports that European Union countries were discussing common bond issuance to finance energy and defence spending. Now, all eyes turn to the US inflation report for February, which might influence the pace of Federal Reserve tightening. The ECB meeting on Thursday will also be a key driver for the foreign exchange market, with tensions between the West and Russia over Ukraine clouding the outlook for policy.2022-03-09T17:26:00"
US Crude Inventories Fall More than Expected: EIA,Crude Oil Stocks Change,"US Crude Inventories Fall More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories decreased by 1.863 million barrels to 411.6 million barrels in the week ended March 4th, after a 2.597 million drop in the previous period and compared with market forecasts of a 0.657-million-barrel fall, data from the EIA Petroleum Status Report showed. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 0.585 million to 25.8 million barrels, the ninth consecutive week of declines, and gasoline inventories decreased by 1.405 million barrels to 244.6 million barrels, less than market expectations of a 2.105 million drop. Meanwhile, distillate stockpiles which include diesel and heating oil went down 5.231 million barrels to 113.9 million barrels, more than forecasts of a 1.914-million-barrel drop.2022-03-09T16:34:00"
Wall Street Rebounds Sharply,Stock Market,"Wall Street Rebounds Sharply United States Stock MarketThe Dow Jones added more than 600 points at the opening bell Wednesday, while the S&P 500 and the Nasdaq 100 rallied 2% and 2.5%, respectively, as bargain hunters took advantage of the recent selloffs caused by the war in Ukraine. Beaten-down financial stocks regained significant ground while consumer-related shares bounced back as surging commodity prices cooled. According to Bank of America client data, even with a clouded outlook for the world economy, runaway inflation and expectations of higher interest rates, retail traders have been net buyers of stocks for a ninth consecutive week. It marks a sharp contrast to the firm’s hedge fund clients, which sold $4 billion of equities last week, the most on record. Now, all eyes turn to the US inflation report for February, which might influence the pace of Federal Reserve tightening. Fed Chair Powell already pointed to a 25 basis point rate hike but opened the door for a more aggressive move if inflation does not abate as anticipated.2022-03-09T14:30:00"
Dollar Consolidates as Haven Bid Supports,Currency,"Dollar Consolidates as Haven Bid SupportsUnited States CurrencyThe dollar index consolidated its recent gains to trade near 99 on Wednesday, hovering levels last seen in May 2020 and benefitting from safe-haven flows as investors grappled with geopolitical and economic uncertainties surrounding the Russia-Ukraine war. The ongoing conflict in Ukraine and related sanctions showed no signs of de-escalation and continued to disrupt global markets. This has led to a surge in commodity prices which fueled inflationary and growth concerns, presenting fresh challenges to central banks. Meanwhile, the Federal Reserve is set to raise interest rates by 25 basis points at the March meeting, but Fed chair Jerome Powell opened the door for moving more aggressively down the line should high inflation persist. Investors now await the US inflation report due out on Thursday which is expected to notch another multi-decade high of 7.9% in February.2022-03-09T05:30:00"
US Futures Mixed After Volatile Session,Stock Market,"US Futures Mixed After Volatile SessionUnited States Stock MarketUS stock futures were mixed in Asian trade on Wednesday following another volatile session on Wall Street, as the war in Ukraine and resulting surge in commodity prices continued to weigh on investor sentiment. Dow futures rose 0.1%, S&P 500 futures were flat and Nasdaq 100 futures shed 0.2%. In regular trading on Tuesday, the Dow slid 0.56% and the S&P 500 lost 0.72%, with both indexes falling deeper into correction territory, while the Nasdaq shed 0.28% after entering bear market territory on Monday. The consumer defensive, healthcare and basic materials sectors led the declines, while the energy sector outperformed. US president Biden announced a ban on Russian oil and other energy imports on Tuesday, rattling the markets and stoking fears about a slowdown in global growth amid surging inflation. Britain also said it will phase out Russian oil and oil products by the end of 2022, with markets being wary of a ban in Europe given its heavy reliance on Russian energy supplies.2022-03-09T00:10:00"
US Wholesale Inventories Rise For 18th Month,Wholesale Inventories,"US Wholesale Inventories Rise For 18th MonthUnited States Wholesale InventoriesWholesale inventories in the US advanced 0.8 percent month-over-month to $799.9 billion in January of 2022, following an upwardly revised 2.6 percent increase in the prior month and matching a preliminary estimate. It was the 18th consecutive month of gains, amid increases in inventories of both durable goods (0.8 percent vs 3.1 percent in December) and nondurable ones (0.9 percent vs 1.8 percent). On a yearly basis, wholesale inventories advanced 18.1 percent in January, above a preliminary reading of 17.8 percent.2022-03-08T15:07:00"
US Imports Surge 1.2% to New Record,Imports,"US Imports Surge 1.2% to New RecordUnited States ImportsImports to the United States increased 1.2 percent, or USD 3.8 billion, to a new record high of USD 314.1 billion in January of 2022. Purchases of goods were up USD 4.8 billion to USD 264.8 billion, due to imports of automotive vehicles, parts, and engines (USD 1.6 billion), industrial supplies and materials (USD 1.5 billion), particularly crude oil (USD 0.9 billion), natural gas (USD 0.6 billion) and copper (USD 0.6 billion). Also, imports grew for foods, feeds, and beverages (USD 1.4 billion) and capital goods (USD 1.1 billion). On the other hand, imports of services decreased USD 1.0 billion to USD 49.3 billion, led by transport (USD 0.8 billion) and travel (USD 0.5 billion).2022-03-08T13:42:00"
US Exports Fall 1.7% from Record,Exports,"US Exports Fall 1.7% from RecordUnited States ExportsExports from the United States decreased by 1.7 percent, or USD 3.9 billion, to USD 224.4 billion in January from the previous month's record high. Exports of goods decreased $2.3 billion to $155.9 billion, particularly pharmaceutical preparations (down $3.2 billion) and exports of services decreased $1.6 billion to $68.5 billion, mainly travel ($1.8 billion) and transport ($0.5 billion). On the other hand, sales of capital goods increased by $1.1 billion, due to civilian aircraft ($0.4 billion) and telecommunications equipment ($0.2 billion).2022-03-08T13:37:00"
US Small Business Optimism Falls for 2nd Month,NFIB Business Optimism Index,"US Small Business Optimism Falls for 2nd MonthUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index in the United States declined for a second consecutive month to 95.7 in February of 2022, the lowest since January of 2021 from 97.1 in the previous month. ""Inflation continues to be a problem on Main Street, leading more owners to raise selling prices again in February. Supply chain disruptions and labor shortages also remain problems, leading to lower earnings and sales for many”, said NFIB Chief Economist Bill Dunkelberg. February data had no made no mention of the war in Ukraine, which started in late February.2022-03-08T11:14:00"
US Treasury Yields Rise Further,Government Bond 10Y,"US Treasury Yields Rise FurtherUnited States Government Bond 10YThe benchmark 10-year Treasury yield bottomed around 1.93%, a sharp move from its weekly lows of 1.67% as investors anticipate a looming policy tightening cycle. Market moves came on the heels of a better than expected US labour report last week and surging inflation, with headline CPI expected to accelerate 7.9% year-over-year, rising further from January's 7.5% rise. Fed Chair Jerome Powell has reassured investors that the central bank remains committed to tame runaway inflation while pointing to a 25 basis point hike on March 16. Meantime, investors continued to monitor developments in the Russia-Ukraine crisis. Western states implemented harsh sanctions against Russia after the country's move to launch a full-scale invasion of Ukraine last month. 2022-03-08T09:40:00"
Dollar Holds Advance on Haven Bid,Currency,"Dollar Holds Advance on Haven BidUnited States CurrencyThe dollar index held its recent advance to above 99 on Tuesday, hovering levels last seen in May 2020 and benefitting from safe-haven flows as investors continued to assess geopolitical and economic uncertainties surrounding the Russia-Ukraine war. The ongoing conflict in Ukraine showed no signs of de-escalation and continued to disrupt global markets. This has led to a surge in commodity prices which fueled inflationary and growth concerns, presenting fresh challenges to central banks. Meanwhile, the Federal Reserve is set to raise interest rates by 25 basis points at the March meeting, but Fed chair Jerome Powell opened the door for moving more aggressively down the line should high inflation persist. Investors now await the US inflation report due out on Thursday which is expected to notch another multi-decade high of 7.9% in February.2022-03-08T06:55:33.55"
US Futures Slip Further After Market Rout,Stock Market,"US Futures Slip Further After Market RoutUnited States Stock MarketUS stock futures slipped further early on Tuesday extending the decline from the previous session, as surging oil prices and global growth concerns amid Russia’s invasion of Ukraine continued to weigh on sentiment. Futures tied to the three major indexes each lost more than 0.7%. In regular trading on Monday, the Dow and S&P 500 fell 2.37% and 2.95%, respectively, while the Nasdaq Composite dropped 3.62%, entering bear market territory being down 20% from its record high in November. The consumer cyclical, technology and communication services sectors led the declines, while energy stocks outperformed. There appeared to be no signs of de-escalation in the war in Ukraine as Russian President Putin vowed to press ahead with his invasion unless Kyiv surrendered. Meanwhile, the US and its allies are considering a ban on Russian oil and gas imports, sending crude prices to fresh multi-year highs.2022-03-08T06:24:00"
Wall Street Closes Sharply Lower,Stock Market,"Wall Street Closes Sharply LowerUnited States Stock MarketThe main stock market indexes in the US closed sharply lower on Monday, following four straight weeks of declines as investors continued to assess stagflation risks to the global economy. Russia’s invasion of Ukraine has clouded the growth outlook while prospects of a coordinated US and European ban on Russian oil fuelled concerns of further inflationary pressures. The Dow Jones tumbled nearly 800 points to close around 32,820 and the S&P 500 declined 3% to 4,201, falling deeper into correction territory. Meanwhile, the tech-heavy Nasdaq fell 3.6% to 12,831, more than 20% from its all-time close. Falls were again most pronounced in financial stocks, which may be the most impacted by sanctions, with American Express down 8% and US Bancorp shedding almost 4%.
2022-03-07T21:04:00"
The Dow Jones Index decreasing 1.90%,Stock Market,"The Dow Jones Index decreasing 1.90%United States Stock MarketUnited States Stock Market is falling 638 points. Losses were driven by American Express (-7.30%), Boeing (-4.57%) and Nike (-4.43%).2022-03-07T20:30:15.307"
US Consumer Credit Rises Less Than Expected,Consumer Credit,"US Consumer Credit Rises Less Than ExpectedUnited States Consumer CreditConsumer credit in the United States increased by USD 6.84 billion in January of 2022, the least since January of 2021, easing from an upwardly revised USD 23.38 billion gain in the previous month, and well below market expectations of a USD 23.8 billion rise. Revolving credit, which includes credit card debt, decreased by USD 0.22 billion while non-revolving credit, which includes auto and student loans went up by USD 7.06 billion. On an annual basis, consumer credit grew 1.9 percent, following an upwardly revised 6.1 percent increase in December 2021.
2022-03-07T20:11:00"
Wall Street Sell-Off Intensifies,Stock Market,"Wall Street Sell-Off IntensifiesUnited States Stock MarketThe Dow Jones tumbled more than 600 points to around 33,000 while the S&P 500 and the tech-heavy Nasdaq lost 2% each in midday trading Monday as investors continued to assess stagflation risks to the global economy. Russia’s invasion of Ukraine has clouded the growth outlook while prospects of a coordinated US and European ban on Russian oil fulled concerns of further inflationary pressures on economies. Still, Federal Reserve chair Jerome Powell pointed to a 25 basis point rate hike at the March policy meeting but noted the central bank is prepared to move more aggressively later if inflation does not abate as expected. Falls were again most pronounced in financial stocks, which may be the most impacted by sanctions, with Citigroup down 3.9% and US Bancorp down almost 3%.2022-03-07T17:16:46.967"
US Treasury Yields Remain Volatile,Government Bond 10Y,"US Treasury Yields Remain VolatileUnited States Government Bond 10YThe benchmark 10-year Treasury yield rose to as high as 1.81% on Monday, a sharp move from its daily lows of 1.67% as investors assessed the ongoing crisis involving the West, Russia, and Ukraine while awaiting the Fed's tightening cycle to rein in inflation. Market moves came on the heels of a better than expected US labour report last week and surging inflation, with headline CPI expected to accelerate 7.9% year-over-year, rising further from January's 7.5% rise. Fed Chair Jerome Powell has reassured investors that the central bank remains committed to tame runaway inflation while pointing to a 25 basis point hike on March 16. 2022-03-07T15:44:00"
Wall Street Struggles for Traction,Stock Market,"Wall Street Struggles for Traction United States Stock MarketUS stocks opened Monday’s session mostly down, following last week’s meltdown as investors continued to assess stagflation risks to the global economy from escalating military conflict in eastern Europe and commodity inflation. Russia’s invasion of Ukraine has created economic uncertainty, and investors grew concerned that it could hamper central banks’ ability to loosen monetary policy to provide support. Federal Reserve chair Jerome Powell pointed to a 25 basis point rate hike at the March policy meeting but said the central bank is prepared to move more aggressively later if inflation does not abate as expected. Falls were again most pronounced in financial stocks, which may be the most impacted by sanctions,  with Citigroup down 3.9% and US Bancorp down almost 3%. 2022-03-07T14:40:00"
US 10-Year Yield Falls Below 1.7%,Government Bond 10Y,"US 10-Year Yield Falls Below 1.7%United States Government Bond 10YThe benchmark 10-year Treasury yield fell to below 1.7% on  Monday amid a general flight to safety after fights in Ukraine intensified and President Putin said the war in Ukraine would continue. The move comes despite a better than expected US labor report which brought forward the expectations of more aggressive action from the Federal Reserve. The Fed, the world's most powerful rate-setter, is seen starting its policy tightening cycle in March with a 25 basis point rate hike.2022-03-07T01:10:00"
The Dow Jones Index decreasing 0.55%,Stock Market,"The Dow Jones Index decreasing 0.55%United States Stock MarketUnited States Stock Market is falling 187 points. Losses were driven by American Express (-3.91%), Visa (-3.14%) and Walt Disney (-2.96%). Biggest rises came from UnitedHealth (2.09%), Walmart (1.62%) and Walgreens Boots Alliance (1.35%).2022-03-04T20:30:18.303"
US 10Y Treasury Note Yield Subdued on Friday,Government Bond 10Y,"US 10Y Treasury Note Yield Subdued on FridayUnited States Government Bond 10YThe benchmark 10-year Treasury yield briefly hit 1.76% returning to the earlier range below 1.8% on Friday amid a general flight to safety as tensions in Ukraine intensified after Russian forces attacked and took over Europe’s largest nuclear power plant in Ukraine, briefly igniting a fire, and raising concerns over an environmental disaster. Also, traders digested a stronger-than-expected 678 thousand expansion in US nonfarm payrolls, pointing to the highest monthly increase in seven months, led by growth in leisure & hospitality. The reading augurs well for the expected tightening of the Fed’s monetary policy by later this month, after Chairman Powell voiced support for a 25bps hike, although the Ukraine crisis dampened hopes for a fast tightening cycle through the rest of the year.2022-03-04T13:46:00"
US Wages Growth Misses Forecasts,Average Hourly Earnings,"US Wages Growth Misses ForecastsUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls in the US were little changed at $31.58 in February of 2022, after a downwardly revised 0.6% gain in January and compared with market estimates of a 0.5% rise. In February, average hourly earnings of private-sector production and nonsupervisory employees rose by 8 cents to $26.94. Year-on-year, average hourly earnings have increased by 5.1%, following a downwardly revised 5.5% rise in January and missing market forecasts of a 5.8% gain.2022-03-04T13:35:00"
US Jobless Rate Falls More than Expected,Unemployment Rate,"US Jobless Rate Falls More than ExpectedUnited States Unemployment RateThe US unemployment rate edged down to 3.8 percent in February of 2022 from 4 percent in the previous month, a new pandemic low and below market expectations of 3.9 percent. The number of unemployed persons edged down by 243 thousand to 6.270 million. In February 2020, prior to the coronavirus pandemic, the unemployment rate was 3.5 percent, and the number of unemployed persons was 5.7 million. Meanwhile, the labor force participation rate edged up to 62.3 percent in February, the highest level since March 2020.2022-03-04T13:33:00"
US Treasury Yields Retreat on Ukraine Developments,Government Bond 10Y,"US Treasury Yields Retreat on Ukraine DevelopmentsUnited States Government Bond 10YThe benchmark 10-year Treasury yield fell to below 1.8% on Friday amid a general flight to safety as tensions in Ukraine intensify after Russian forces attacked and took over Europe’s largest nuclear power plant in Ukraine, briefly igniting a fire, and raising concerns over an environmental disaster. Meanwhile, traders await the payrolls report due early in the morning which is likely to show the US economy added a strong 400K jobs last month, bringing again the case for more aggressive rate hikes.2022-03-04T09:56:03.267"
US Futures Fall,Stock Market,"US Futures FallUnited States Stock MarketUS stock futures were down more than 0.5% in early trading in Europe as fights intensified in Ukraine and investors awaited the US jobs report. Russian forces took over the Zaporizhzhia nuclear power plant, the largest nuclear power plant in Europe after shelling caused a fire at a plant, raising concerns about a nuclear disaster. Meanwhile, the February jobs report is expected to show the US economy added 400,000 jobs bringing again the case for more aggressive rates hikes. On Thursday, the Dow fell 0.29%, the S&P 500 lost 0.53% and the Nasdaq Composite dropped 1.56%.2022-03-04T09:44:32.56"
US New Light-Vehicle Sales Weakens in February,Total Vehicle Sales,"US New Light-Vehicle Sales Weakens in FebruaryUnited States Total Vehicle SalesNew light-vehicle sales in the United States decreased to 14.1 million units on a seasonally adjusted basis in February 2022, down from the previous month’s sales of 15.04 million units, as well as from February 2021’s sales of 15.9 million units. “New light-vehicle sales are expected to improve throughout the year, but will continue to be restrained by the ongoing semiconductor microchip shortage and other supply chain-related issues,” NADA said in its monthly report. Toyota, GM, Ford and Stellantis grabbed the lion’s share of the market, with crossover and pickup trucks accounting for nearly two-thirds of sales. On a powertrain basis, internal combustion engines accounted for 88.5% of sales, while hybrid, electric and plug-in hybrid cars took the rest.2022-03-04T08:48:15.46"
Dollar Hovers 20-Month High,Currency,"Dollar Hovers 20-Month HighUnited States CurrencyThe dollar index hovered 20-month highs above 97.8 on Friday, as investors sought the safety of the greenback at a time of geopolitical and economic uncertainties. Markets were rattled earlier in the day following reports of a Russian attack in Europe’s largest nuclear power plant located in Ukraine, but concerns have since eased after Ukrainian officials said the facility has been secured. Investors are also bracing for the February jobs report due later today which is expected to show 400,000 additional jobs and for the annual wage growth to log at 5.8%. This is the last jobs report before the Federal Reserve’s next meeting where it is expected to begin hiking rates, with Fed chair Jerome Powell leaning toward a smaller 25 basis point increase in March, while leaving the door open for moving more aggressively down the line should inflation persist.2022-03-04T05:33:29.687"
US Futures Slip Amid Ukraine Developments,Stock Market,"US Futures Slip Amid Ukraine DevelopmentsUnited States Stock MarketUS stock futures fell in Asian trade on Friday following reports that smoke was visible from a nuclear power plant in Ukraine, the largest in Europe, after Russian troops attacked. Futures tied to the three major averages were each down about 1%. The moves also come in advance of the February jobs report which is expected to show 400,000 additional jobs and for the annual wage growth to log at 5.8%. This is the last jobs report before the Federal Reserve’s next meeting where it is expected to begin hiking rates, with Fed chair Jerome Powell leaning toward a smaller 25 basis point increase in March, while leaving the door open for moving more aggressively down the line should inflation persist. He also said the Russia-Ukraine conflict added uncertainty to the outlook. In regular trading on Thursday, the Dow fell 0.29%, the S&P 500 lost 0.53% and the Nasdaq Composite dropped 1.56%.2022-03-04T01:00:00"
Broadcom Inc earnings above expectations at 8.39 USD,Earnings,"Broadcom Inc earnings above expectations at 8.39 USDUnited States EarningsBroadcom Inc (AVGO) released earnings per share at 8.39 USD, compared to market expectations of 8.13 USD.2022-03-03T21:44:20.777"
Costco Wholesale earnings above expectations at 2.92 USD,Earnings,"Costco Wholesale earnings above expectations at 2.92 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 2.92 USD, compared to market expectations of 2.69 USD.2022-03-03T21:38:50.33"
Wall Street Closes Down,Stock Market,"Wall Street Closes Down United States Stock MarketThe Dow Jones lost around 0.3%, while the S&P 500 and the tech-heavy Nasdaq underperformed, falling 0.5% and 1.6%, respectively, as investors remained focused on the Russia-Ukraine conflict and Federal Reserve Chairman Jerome Powell’s Senate testimony. Technology shares were among the worst performers, with the prospect of higher interest rates threatening to undermine the valuations of those companies, whose profits lie further in the future. Powell confirmed that a 25 basis point rate would come in March while opening the door for a more aggressive move if inflation does not abate as expected. Meanwhile, initial jobless claims fell way more than anticipated to an eight-week low of 215K, and the Challenger report showed job cuts were the lowest in three months. Snowflake plunged over 15% after the company issued weaker-than-expected sales guidance. Kroger climbed over 11%, while Best Buy added over 9% following upbeat earnings reports. 2022-03-03T21:06:00"
US Factory Orders Rise More than Expected,Factory Orders,"US Factory Orders Rise More than ExpectedUnited States Factory OrdersNew orders for US manufactured goods went up 1.4 percent from a month earlier in January of 2022, quickening from a revised 0.7 percent increase in December and above market expectations of 0.7 percent. Orders rose faster in industries producing both durables (1.6 percent vs 1.2 percent in December) and nondurable goods (1.2 percent vs 0.1 percent). Among durable goods, main upward pressure came from transportation equipment (3.4 percent vs 1.7 percent), mainly driven by orders for nondefense aircraft and parts; followed by machinery (2.6 percent vs 1.3 percent), boosted by material handling equipment and ventilation, heating, air conditioning & refrigeration equipment. Meanwhile, factory orders excluding transportation equipment rose 1.0 percent, faster than an upwardly revised 0.5 percent gain in December.2022-03-03T15:02:00"
US Composite PMI Remains Strong: Markit,Composite PMI,"US Composite PMI Remains Strong: MarkitUnited States Composite PMIThe IHS Markit US Composite PMI was revised slightly lower to 55.9 in February of 2021 from a preliminary of 56, still way better than January's Omicron-induced low of 51.1. Growth regained momentum at manufacturers (57.3) and service providers (56.5). Stronger demand conditions at private sector firms led to the fastest upturn in new business since July 2021. Greater new sales were supported by increased foreign client demand, as new export orders rose solidly. Inflationary pressures remained elevated, despite manufacturers recording a slight slowdown in hikes in supplier costs. The rate of charge inflation quickened to a four-month high amid the sharpest rise in service sector output prices on record. Further expansions in backlogs of work at private sector firms led to a greater impetus to hire new staff. Despite ongoing reports of labor shortages, firms were able to increase workforce numbers at the steepest pace since May 2021.2022-03-03T14:53:23.317"
US Services PMI Revised Slightly Lower: Markit,Services PMI,"US Services PMI Revised Slightly Lower: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised slightly lower to 56.5 in February of 2021 from a preliminary of 56.7, but sill pointed to a strong growth in the services sector, following the easing of COVID-19 restrictions. The faster rise in output was supported by the steepest upturn in new sales for seven months. Total new orders were also aided by a solid increase in foreign client demand. In line with improved demand conditions, firms expanded their workforce numbers at the fastest pace since last May. At the same time, business confidence was buoyed by new opportunities for growth, with the degree of optimism reaching the strongest since November 2020.2022-03-03T14:48:12.297"
US Stocks Set to Open Higher,Stock Market,"US Stocks Set to Open HigherUnited States Stock MarketUS stocks futures erased early losses to add around 0.7% on Thursday, following a big rally the day before, as investors continue to monitor Russia’s invasion of Ukraine although news of an allegedly deal with Iran that could allow the country to export more oil offered a momentarily relief to soaring energy costs. Meanwhile, initial jobless claims fell way more than anticipated to an 8-week low of 215K and the Challenger report showed job cuts were the lowest in 3 months. Traders now await the highly-anticipated jobs report due tomorrow for an update on the labour market. Early this week, Powell said he remains committed to easing cost pressures through rate hikes despite the uncertainty around Ukraine, pointing to a 25 basis point rate hike this month.2022-03-03T14:16:41.98"
US Labour Productivity Unrevised in Q4,Productivity,"US Labour Productivity Unrevised in Q4United States ProductivityNonfarm labor productivity in the US rose an annualized 6.6 percent in the fourth quarter of 2021, matching an earlier estimate and following a downwardly revised 3.9 percent decline in the previous period. Figures came slightly below market expectations of a 6.7 percent gain. It was the largest increase in productivity since the second quarter of 2020, as output increased 9.1 percent (vs 2 percent in Q3) and hours worked increased 2.4 percent (vs 6.2 percent). Year-on-year, nonfarm business sector labor productivity advanced 1 percent, compared with a preliminary reading of 2 percent. Productivity increased 1.9 percent in 2021, compared with a 2.4 percent rise in 2020.2022-03-03T13:36:00"
US Q4 Labour Cost Growth Revised Higher,Labour Costs,"US Q4 Labour Cost Growth Revised HigherUnited States Labour CostsUnit labor costs in the US nonfarm business sector increased an annualized 0.9 percent in the last quarter of 2021, faster than initial estimates of a 0.3 percent gain but slowing sharply from a downwardly revised 9.3 percent rise in the previous period. The reading reflects a 7.5 percent jump in hourly compensation and a 6.6 percent increase in productivity. Unit labor costs rose 3.5 percent over the last four quarters, instead of the previously reported 3.1 percent, as hourly compensation went up 5.5 percent and productivity increased 1.9 percent.2022-03-03T13:32:00"
US Weekly Jobless Claims Fall More than Expected,Initial Jobless Claims,"US Weekly Jobless Claims Fall More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 18 thousand to 215 thousand in the week ended February 26th, from a revised 233 thousand in the previous period and compared with market expectations of 225. It was the lowest number since the start of the year amid strong demand for labor as Omicron restrictions eased. On a non-seasonally adjusted basis, initial claims fell by 21,285 from the previous week to 194,693, with notable decreases being recorded in Michigan (-9,200); California (-4,673); Florida (-2,388); Ohio (-2,147) and Illinois (-2,089). The 4-week moving average which removes week-to-week volatility was 230.5 thousand, a decrease of 6 thousand and continuing claims were at 1.476 million.2022-03-03T13:32:00"
US Companies Cut Only 15K Jobs in February,Challenger Job Cuts,"US Companies Cut Only 15K Jobs in FebruaryUnited States Challenger Job CutsJob cuts announced by US-based companies fell to 15,245 in February of 2022 from 19,064 in January with 5,558 positions eliminated due to market conditions. Another 4,671 cuts were due to store, unit, or plant closing, while 1,430 cuts were due to workers refusing to get vaccinated against employer policy. In the first two months of the year, employers announced 34,309 cuts, down 70% year-on-year and the lowest January-February total since records began in 1993. Meanwhile, employers announced plans to hire 215,127 workers, the highest February total on record. “The latest numbers give more evidence that job creation is strong, and employers continue to hold fast to their workforces. The churn in the labor market is coming from resignations,” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc.2022-03-03T12:35:00"
Dollar Steadies After Powell Remarks,Currency,"Dollar Steadies After Powell RemarksUnited States CurrencyThe dollar index steadied around 97.5 on Thursday after hitting a 20-month high of 97.83 in the previous session, after Federal Reserve chair Jerome Powell affirmed that the central bank will take a measured approach to hiking rates despite geopolitical uncertainties. Powell said he is inclined to support a 25 basis point increase but noted that the Fed could move more aggressively if inflation does not abate as expected. Meanwhile, investors were kept on edge as the ongoing conflict between Russia and Ukraine exacerbated supply issues and drove oil prices to multi-year highs, adding to inflationary risks and growth concerns.2022-03-03T06:20:15.773"
10-Year Treasury Yield Bounces Off Two-Month Low,Government Bond 10Y,"10-Year Treasury Yield Bounces Off Two-Month Low United States Government Bond 10YThe benchmark 10-year Treasury note yield was around 1.86%, rebounding sharply from a two-month low of 1.68% hit early in the week. Market moves came after Fed Chair Jerome Powell told US lawmakers the US economy no longer needs such an accommodative policy stance, signalling a 25 basis point rate hike in March. Aside from Powell's remarks, investors continued to follow developments around the Russia-Ukraine war. 2022-03-02T20:37:00"
The Dow Jones Index is up by 1.79%,Stock Market,"The Dow Jones Index is up by 1.79%United States Stock MarketUnited States Stock Market is picking up 597 points. Gains are led by Caterpillar (5.38%), Intel (4.22%) and Travelers Companies (3.66%).2022-03-02T20:30:17.873"
US Crude Inventories Unexpectedly Fall: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Fall: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 2.597 million barrels in the week ended February 25th, following a 4.515 million rise in the previous period and compared with market forecasts of a 2.748-million-barrel gain, data from the EIA Petroleum Status Report showed. Crude stocks at the Cushing, Oklahoma, delivery hub declined by 0.972 million, while gasoline inventories decreased by 0.468 million barrels against market expectations of a 1.375-million-barrel drop. 2022-03-02T15:35:00"
US 10Y traded above 1.8 percent,Government Bond 10Y,"US 10Y traded above 1.8 percentUnited States Government Bond 10YUS 10 Year Note Bond Yield rose above 1.8, according to over-the-counter interbank yield quotes for this government bond maturity.2022-03-02T14:47:38.94"
DXY Extends Rally to 20-Month High,currency,"DXY Extends Rally to 20-Month HighUnited States currencyThe dollar index hit its highest level since July 2020 at 97.8 on Wednesday, extended gains for the third session as investors rushed for safety on fears that the conflict between Russia and Ukraine could quickly escalate further. Investors also worried that inflationary risks and supply disruptions resulting from the conflict could dampen global growth, presenting a challenge for policymakers ahead of the Federal Reserve policy meeting later this month. Markets now have priced out a 50bps rate hike in the fed funds rate at the meeting. Markets look ahead to employment data from ADP due out Wednesday, as well as to Fed chair Powell’s appearance in Congress to give his semiannual monetary policy update.2022-03-02T09:14:00"
US 10-Year Bond Yield Edges Up from 7-Week low,Government Bond 10Y,"US 10-Year Bond Yield Edges Up from 7-Week lowUnited States Government Bond 10YThe benchmark 10-year Treasury note yield rose to above 1.75% on Wednesday, from seven-week lows below 1.7% hit in the previous session, ahead of Federal Reserve Chair Jerome Powell's testimony for clues on interest rates and as Ukraine and Russia are expected to resume talks. In prepared remarks for his testimony to the US House of Representatives Financial Services Committee, Powell reiterated expectations that it will be appropriate to raise the target range for the federal funds rate at the meeting later this month but gave no hint about how far or how fast the Fed may need to go in its policy tightening. However, investors continue to worry over the global growth outlook amid inflationary risks and supply disruptions resulting from the conflict. Traders now see a 5% probability of a 50 basis point rate hike by the Fed at its March meeting.2022-03-02T08:20:00"
Dollar Firms Up on Haven Bid,Currency,"Dollar Firms Up on Haven BidUnited States CurrencyThe dollar index extended gains for the third day to 97.6 on Wednesday, closing in on its strongest level since July 2020 as investors rushed for safety on fears that the conflict between Russia and Ukraine could quickly escalate further. Investors also worried that inflationary risks and supply disruptions resulting from the conflict could dampen global growth, presenting a challenge for policymakers ahead of the Federal Reserve policy meeting later this month. Markets look ahead to employment data from ADP due out Wednesday, as well as to Fed chair Powell’s appearance in Congress to give his semiannual monetary policy update.2022-03-02T05:20:00"
US Crude Oil Inventories Unexpectedly Fall: API,API Crude Oil Stock Change,"US Crude Oil Inventories Unexpectedly Fall: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States decreased by 6.058 million barrels in the week ended February 25th of 2022, following a 5.983 million barrels fall in the previous week and compared with market expectations of a 2.796 million rise, data from the American Petroleum Institute showed. 2022-03-01T22:18:42.207"
Salesforce.com earnings above expectations at 0.84 USD,Earnings,"Salesforce.com earnings above expectations at 0.84 USDUnited States EarningsSalesforce.com (CRM) released earnings per share at 0.84 USD, compared to market expectations of 0.75 USD.2022-03-01T21:08:04.55"
The Dow Jones Index decreasing 1.87%,Stock Market,"The Dow Jones Index decreasing 1.87%United States Stock MarketUnited States Stock Market is falling 635 points. Losses were driven by American Express (-8.20%), Boeing (-5.16%) and JPMorgan (-4.33%).2022-03-01T20:30:17.467"
US 10-Year Yield Falls Towards 1.7%,Government Bond 10Y,"US 10-Year Yield Falls Towards 1.7% United States Government Bond 10YThe benchmark 10-year Treasury note yield fell to almost 1.7% on Tuesday, the lowest in nearly seven weeks as demand for safe-haven assets surged as the situation in Ukraine is deteriorating by the hour and concerns are mounting over the impact of war on the global economy. Russia intensified the shelling of several cities and a huge Russian convoy heads towards Kyiv while cease-fire talks on Monday end nowhere. As a result, investors continue to scale back aggressive rate hike bets across major developed economies.2022-03-01T18:12:48.943"
DXY Strengthens Above 97.3,Currency,"DXY Strengthens Above 97.3United States CurrencyThe dollar index rose as much as 0.7% to cross 97.3 on Tuesday, closing in on the strongest level since July 2020 as market participants rush to safety as the Russian military offensive moves closer to Kyiv. Investors worry that inflationary risks and supply disruptions resulting from the conflict could dampen global growth, clouding the outlook for monetary policy. Meanwhile, currency traders look ahead to Federal Reserve chair Jerome Powell's appearance in Congress on Wednesday for fresh clues on the timing and magnitude of interest rate hikes. 2022-03-01T16:29:21.457"
US Construction Spending Rises the Most in a Year,Construction Spending,"US Construction Spending Rises the Most in a YearUnited States Construction SpendingConstruction spending in the US rose 1.3 percent from the previous month to a seasonally adjusted annual rate of USD 1.677 trillion in January of 2022, the most since in a year, following an upwardly revised 0.8 percent advance in December and easily beating market expectations of a 0.2 percent gain. Spending on private construction rose 1.5 percent, mostly new single family residential construction (1.2 percent), transportation (1.5 percent), power (2.7 percent) and manufacturing (8.5 percent). Also, public construction outlays went up 0.6 percent, boosted by spending on both residential (3.6 percent) and nonresidential (0.5 percent). 2022-03-01T15:06:31.553"
US Manufacturing PMI Revised Lower: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Lower: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised lower to 57.3 in February of 2022, from a preliminary estimate of 57.5 but above the previous month's final reading of 55.5. The headline figure was below the peaks seen in 2021, but signalled a stronger upturn in the health of the manufacturing sector, with sharper output and new order expansions contributing to overall growth. Stronger new sales growth spurred manufacturers to increase staffing numbers and boost stocks of purchases. Pressure on capacity softened as backlogs rose at the slowest pace in a year as material shortages eased. Although input costs increased at the slowest pace for nine months, selling prices ticked higher at the sharpest rate since last November. Finally, output expectations for the coming year were the strongest since November 2020, as firms were buoyed by hopes of a reduction in supply-chain disruption and a greater ability to retain employees.2022-03-01T14:49:00"
AutoZone earnings above expectations at 22.30 USD,Earnings,"AutoZone earnings above expectations at 22.30 USDUnited States EarningsAutoZone (AZO) released earnings per share at 22.30 USD, compared to market expectations of 17.76 USD.2022-03-01T12:20:39.613"
Target earnings above expectations at 3.19 USD,Earnings,"Target earnings above expectations at 3.19 USDUnited States EarningsTarget (TGT) released earnings per share at 3.19 USD, compared to market expectations of 2.85 USD.2022-03-01T11:42:07.53"
US 10Y Bond Yield Hits 4-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 4-week LowUnited States Government Bond 10YUS 10 Year Government Bond Yield decreased to a 4-week low of 1.7428%2022-03-01T11:01:15.353
Dollar Index Stabilizes Amid Ukraine Crisis,Currency,"Dollar Index Stabilizes Amid Ukraine CrisisUnited States CurrencyThe dollar index stabilized near the 97 mark on Tuesday as markets took stock of geopolitical developments and reassessed risks arising from the Russia-Ukraine conflict. Investors were also concerned that inflationary risks and supply disruptions resulting from the conflict could dampen global growth, clouding the outlook for monetary policy. Meanwhile, investors look ahead to Federal Reserve chair Jerome Powell's appearance in Congress on Wednesday for fresh clues on the timing and magnitude of interest rate hikes.2022-03-01T06:34:00"
Zoom Video Communications earnings above expectations at 1.29 USD,Earnings,"Zoom Video Communications earnings above expectations at 1.29 USDUnited States EarningsZoom Video Communications (ZM) released earnings per share at 1.29 USD, compared to market expectations of 1.07 USD.2022-02-28T22:16:05.46"
HP earnings above expectations at 1.10 USD,Earnings,"HP earnings above expectations at 1.10 USDUnited States EarningsHP (HPQ) released earnings per share at 1.10 USD, compared to market expectations of 1.04 USD.2022-02-28T21:33:51.8"
Workday earnings above expectations at 0.78 USD,Earnings,"Workday earnings above expectations at 0.78 USDUnited States EarningsWorkday (WDAY) released earnings per share at 0.78 USD, compared to market expectations of 0.71 USD.2022-02-28T21:10:49.563"
US Stocks Close Mixed,Stock Market,"US Stocks Close MixedUnited States Stock MarketThe Dow Jones slipped 169 points, the S&P 500 closed down 0.3%, while the Nasdaq rebounded 0.4 as investors continued to monitor the Russian invasion of Ukraine. G7 nations agreed to exclude Russian banks from SWIFT, and the Biden administration banned US people and companies from doing business with the Bank of Russia, the Russian National Wealth Fund, and the Ministry of Finance. Defense and cybersecurity stocks helped limit Nasdaq losses while the banks sunk drugging down the Dow Jones. Adding to the gloomy mood, the Federal Reserve warned last week that inflation could persist longer than expected unless a shortage of available workers begins to ease. Still, the three major US averages lost roughly 4% in February.
2022-02-28T20:30:00"
Texas Manufacturing Activity Growth at 4-Month High,Dallas Fed Manufacturing Index,"Texas Manufacturing Activity Growth at 4-Month HighUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose by 12 points to +14.0 in February of 2022, up from the previous month's 1-1/2-year low of +2.0. It was the highest reading since October of 2021, as new orders increased by 3 points to 23.1, while the growth rate of the orders index held steady at 12.6, with both readings significantly above average. The capacity utilization index was unchanged at 11.5, and the shipments index rallied 15 points to 23.5. Employment growth remained robust while wages and prices continued to increase in February, with the indexes near record highs. Finally, expectations regarding future manufacturing activity were higher in February.  
2022-02-28T15:52:00"
Wall Street Resumes Slide,Stock Market,"Wall Street Resumes Slide United States Stock MarketUS equity markets were under renewed selling pressure on Monday, with the Dow shedding more than 400 points at the open and  S&P 500 and Nasdaq declining more than 1% after new sanctions imposed on Russia deepened tensions across markets. During the weekend, G7 nations agreed to exclude Russian banks from SWIFT, while Biden’s administration announced Monday that it would ban US people and companies from doing business with the Bank of Russia, the Russian National Wealth Fund, and the Ministry of Finance. Despite the escalation, a Ukrainian delegation held talks with Russian officials near the Belarusian border. Adding to the gloomy mood, the Federal Reserve warned last week that inflation could persist longer than expected unless a shortage of available workers begins to ease. As a result, US stocks are on track for their second consecutive monthly drop, with the Dow Jones down more than 4% in February, the most since September 2021. 
2022-02-28T14:31:00"
US January Wholesale Inventories Expand Less,Wholesale Inventories,"US January Wholesale Inventories Expand LessUnited States Wholesale InventoriesWholesale inventories in the US rose 0.8 percent month-over-month to $798.2 billion in January of 2022, slowing from an upwardly revised 2.3 percent increase in December, a preliminary estimate showed. It was the 18th straight month of expansion, amid increases in inventories of both durable goods (1.0 percent vs 2.8 percent in December) and nondurable ones (0.5 percent vs 1.6 percent). On an annual basis, wholesale inventories advanced 17.8 percent in January.2022-02-28T13:41:00"
Berkshire Hathaway B earnings above expectations at 3.27 USD,Earnings,"Berkshire Hathaway B earnings above expectations at 3.27 USDUnited States EarningsBerkshire Hathaway B (BRKb) released earnings per share at 3.27 USD, compared to market expectations of 2.79 USD.2022-02-28T13:08:32.143"
Dollar Index Remains Near 97,Currency,"Dollar Index Remains Near 97United States CurrencyThe dollar index remained near 97 on Monday closing on the strongest level since July 2020 as investors resumed flight to safety as fierce fighting continues in Ukraine. Ukrainian officials are holding talks with Russian counterparts at the Belarus border, but Ukraine voiced skepticism about the talks. During the weekend, G7 nations agreed to exclude some Russian banks from the SWIFT and today Biden’s administration banned U.S. people and companies from doing business with the Bank of Russia, the Russian National Wealth Fund and the Ministry of Finance.2022-02-28T13:01:00"
Berkshire Hathaway earnings above expectations at 4901.78 USD,Earnings,"Berkshire Hathaway earnings above expectations at 4901.78 USDUnited States EarningsBerkshire Hathaway (BRKa) released earnings per share at 4901.78 USD, compared to market expectations of 4230.87 USD.2022-02-28T02:20:30.983"
US Treasury Yields Decline,Government Bond 10Y,"US Treasury Yields DeclineUnited States Government Bond 10YThe 10-year US treasury yield dropped as much as 8 basis points to below 1.9% on Monday as demand for safe-haven assets surged after the invasion of Ukraine by Russian forces continued and Western nations ramped up new sanctions on Russia in response. Meanwhile, 2-year yields fell eight basis points to 1.48%, while 30-year yields slipped six basis points to 2.21%.2022-02-28T00:37:00"
Exelon earnings below expectations at 0.64 USD,Earnings,"Exelon earnings below expectations at 0.64 USDUnited States EarningsExelon (EXC) released earnings per share at 0.64 USD, compared to market expectations of 0.67 USD.2022-02-26T04:57:09.68"
US Stocks Rally for 2nd Day,Stock Market,"US Stocks Rally for 2nd DayUnited States Stock MarketUS stocks rallied for a second day on Friday, as investors continue to monitor the situation in Ukraine and ponder on the next Fed steps. Despite persistent inflationary pressures, geopolitical risks stemming from Eastern Europe are lowering the odds for a 50bps Federal Reserve rate hike in March. Prospects of talks between Russia and Ukraine vanished while Russian missiles pounded the capital city of Kyiv. Western nations debate imposing sanctions on any European assets held by Putin, while the US unveiled new sanctions focused on export blocks on technology, Russian banks and elites. The online marketplace Etsy jumped after quarterly results topped analyst expectations while Foot Locker recorded its worst day ever and Beyond Meat also declined on disappointing updates. The Dow added 835 points on its best day since November 2020, the S&P 500 gained 2.2% and the Nasdaq rose 1.6%. The Dow ended lower for the third week while the S&P gained 0.8% and the Nasdaq advanced 1.1%.2022-02-25T20:30:00"
US Treasury Yields Bounces Back Above 2%,Government Bond 10Y,"US Treasury Yields Bounces Back Above 2%United States Government Bond 10YThe benchmark 10-year Treasury note yield rose again above 2%, as investors weigh prospects of interest rate hikes to tame inflation and developments in the Russia-Ukraine war. The likelihood for a half-percentage point hike in the feds funds rate in March is decreasing due to geopolitical risks stemming from Eastern Europe despite persistent inflationary pressures. The latest data showed both personal spending and annual core PCE inflation rising more than expected. Meanwhile, expectations for talks between Russia and Ukraine were dashed after the Kremlin said Kyiv stopped responding after rejecting Moscow’s initial offer of a meeting in Minsk and deadly battles have reached Kyiv. Earlier, China’s leader Xi Jinping told Putin that Moscow should negotiate with the government in Kyiv.2022-02-25T17:31:00"
US Stocks Rebound Further,stock market,"US Stocks Rebound FurtherUnited States stock marketWall Street’s main indexes rebounded further on Friday, as investors continued to monitor the situation in Ukraine and pondered on the next Fed steps. Despite persistent inflationary pressures, geopolitical risks stemming from Eastern Europe are lowering the odds for a 50bps Federal Reserve interest rate increase in March. Meanwhile, prospects of talks between Russia and Ukraine vanished after the Kremlin said Kyiv stopped responding after rejecting Moscow’s initial offer of a meeting in Minsk. Western nations debate imposing sanctions on any European assets held by Putin, while the US unveiled new sanctions focused on export blocks on technology, Russian banks and elites. The Dow added more than 700 points, heading for its best day this year, the S&P 500 rose almost 2% and the Nasdaq was 1% higher.2022-02-25T16:55:00"
DXY Declines from 20-Month High,Currency,"DXY Declines from 20-Month HighUnited States CurrencyThe dollar index fell as much as 0.6% to below 96.6 on Friday, following a near 1% gain in the previous session that saw the greenback hitting a 20-month high at 97.7 as the latest developments in the Ukrainian crisis dulled demand for havens. Russian troops' moving toward the suburbs of the capital Kyiv but sanctions announced by the West were not as severe as initially thought. Also, it is becoming clear that geopolitical risks stemming from Eastern Europe may prevent Fed from considering a 50bps hike at the March meeting even though the inflation pressures persist. The Core PCE price index, the Federal Reserve’s favorite inflation gauge, rose 5.2% from a year ago, the most since April of 1983 slightly more than market expectations of 5.1%. Expectations for at least a 50-basis-point interest rate hike in March fell to 25% from around 34% a day ago, according to CME.2022-02-25T15:46:00"
US Consumer Sentiment Revised Higher but Remains at Decade-Low,Consumer Confidence,"US Consumer Sentiment Revised Higher but Remains at Decade-LowUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised higher to 62.8 in February of 2022 from a preliminary of 61.7. The reading still pointed to the lowest level of consumer confidence in the past decade, amid inflationary declines in personal finances, a near universal awareness of rising interest rates, falling confidence in the government's economic policies, and the most negative long term prospects for the economy in the past decade. Still, interviews to consumers were conducted prior to the Russian invasion so its impact is yet to be felt by consumers. The expectations gauge fell to 59.4, better than a preliminary of 57.4 while current economic conditions subindex fell further than initially anticipated (68.2 vs 68.5 in the preliminary estimate). On the price front, consumers see inflation at 4.9% in a year, less than 5% in the preliminary estimate. The 5-year outlook was also revised lower to 3% from 3.1%.2022-02-25T15:10:50.143"
US Pending Home Sales Slide Most in 11 Months,Pending Home Sales MoM,"US Pending Home Sales Slide Most in 11 Months  United States Pending Home Sales MoMThe number of signed contracts to buy existing homes in the US plunged 5.7% from a month earlier to 109.5 in January of 2022, marking a three-month drop in transactions and the sharpest drop since February 2021. Analysts were expecting it to rise 1%. Contract signings dropped in three of the four major US regions, led by a 12.1% plunge in the Northeast, while the West posted the only gain. All four areas declined in year-over-year activity. 
2022-02-25T15:07:00"
US Stocks Rebound Keeps Momentum,Stock Market,"US Stocks Rebound Keeps MomentumUnited States Stock MarketWall Street’s main indexes opened in the green on Friday, with the Dow Jones adding almost 600 points as investors continue to monitor the situation in Ukraine. The Russian invasion of Ukraine intensified on Friday with fighting reaching the suburbs of capital Kyiv while some signs emerged that Russia is willing to hold high-level talks with Ukraine. Still, Western nations debate imposing sanctions on any European assets held by Putin, while the US unveiled new sanctions focused on export blocks on technology, Russian banks and elites. At the same time, prospects of aggressive interest-rate hikes to tame inflation kept sentiment in check. The core PCE price index, the Federal Reserve’s favourite inflation gauge, rose 5.2% from a year ago, the highest since April 1983. Adding to the fire, Fed Governor Michelle Bowman said earlier this week that a possible bigger-than-usual half-percentage point initial hike is on the table if inflation readings come in too high amid rising energy costs.2022-02-25T14:48:00"
US 10-Year Bond Yield Below 2%,Government Bond 10Y,"US 10-Year Bond Yield Below 2%United States Government Bond 10YThe benchmark 10-year Treasury note yield was below 2%, after rising to as high as 2.016% earlier in the day as investors weigh prospects of interest rate hikes to tame inflation and developments in the Russia-Ukraine war. Despite persistent inflationary pressures, geopolitical risks stemming from Eastern Europe are lowering the odds for a 50bps Federal Reserve interest rate increase in March. The latest data showed both personal spending and annual core PCE inflation rising more than expected. Meanwhile, news that Russian President Vladimir Putin is open to sending a delegation to Minsk for talks with Ukraine, flagged demand for havens, although deadly battles have reached Kyiv. Earlier, China’s leader Xi Jinping told Putin that Moscow should negotiate with the government in Kyiv.2022-02-25T14:07:00"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketUS stock futures turned higher on Friday, on news that President Vladimir Putin is ready to hold talks with the government in Ukraine after China’s leader Xi Jinping said that Moscow should negotiate with the government in Kyiv. Meanwhile, data showed the core PCE price index, the Federal Reserve’s favorite inflation gauge, rose 5.2% from a year ago, slightly more than market expectations of 5.1%, raising the chances for a Federal Reserve interest-rate increase next month. Also, personal spending rose more than expected. The Dow Jones is set to open more than 100 points higher and both the S&P 500 and the Nasdaq are heading for an over 0.5% gain at the open.  2022-02-25T13:48:00"
US Personal Income Unchanged in January,Personal Income,"US Personal Income Unchanged in January United States Personal IncomePersonal income in the United States was unchanged in January of 2022, following a revised 0.4 percent growth in December, while analysts expected it to fall 0.3 percent, as an increase in compensation partly offset by a decrease in government social benefits. The rise in compensation reflected gains in both private and government wages and salaries. 2022-02-25T13:35:00"
US Core PCE Inflation Remains High,Core PCE Price Index MoM,"US Core PCE Inflation Remains HighUnited States Core PCE Price Index MoMCore PCE prices in the US which exclude food and energy increased 0.5% mom in January of 2022, the same as in the previous two months and in line with market forecasts. The annual rate accelerated to 5.2%, the highest since April of 1983 and slightly above market expectations of 5.1%, signaling persistent inflationary pressures.2022-02-25T13:33:00"
US Government Bond Yields Rise,Government Bond 10Y,"US Government Bond Yields RiseUnited States Government Bond 10YThe benchmark 10-year Treasury note yield climbed as high as 2.014%, a dramatic reversal from its daily lows of 1.934%, as prospects of aggressive interest-rate hikes to tame inflation sent shockwaves through bond markets. Federal Reserve Governor Michelle Bowman said earlier this week that a possible bigger-than-usual half-percentage point initial hike is on the table if inflation readings come in too high amid rising energy costs. Still, investors continued to monitor developments on the Russia-Ukraine crisis. Western states implement harsh sanctions against Russia after the country's move to launch a full-scale invasion of Ukraine. 2022-02-25T13:04:02.093"
Sempra Energy earnings above expectations at 2.16 USD,Earnings,"Sempra Energy earnings above expectations at 2.16 USDUnited States EarningsSempra Energy (SRE) released earnings per share at 2.16 USD, compared to market expectations of 2.00 USD.2022-02-25T12:20:06.73"
US Treasury Yields Remain Under Pressure,Government Bond 10Y,"US Treasury Yields Remain Under PressureUnited States Government Bond 10YThe benchmark 10-year Treasury note yield bottomed around 1.955%, well below a thirty-month high of 2.065% hit on February 16. Investors continued to monitor developments on the Russia-Ukraine crisis while digesting the prospects of tightening Federal funds Reserve monetary policy. Western states implement harsh sanctions against Russia after the country's move to launch a full-scale invasion of Ukraine. However, prospects of aggressive interest-rate hikes to tame inflation sent shockwaves through bond markets. Federal Reserve Governor Michelle Bowman said earlier this week that a possible bigger-than-usual half-percentage point initial hike is on the table if inflation readings come in too high amid rising energy costs. 2022-02-25T11:19:19.757"
Dollar Eases from 20-Month High,Currency,"Dollar Eases from 20-Month HighUnited States CurrencyThe dollar index retreated below 97 on Friday after hitting a 20-month high of 97.7 in the previous session, as safe-haven demand for the currency eased while traders took stock of geopolitical developments. The dollar index jumped 1.6% to its highest level since June 2020 on Thursday after Russia launched an attack on Ukraine, with president Putin warning other countries against interfering. However, the greenback pared some of its gains after US president Joe Biden unveiled new sanctions on Russia, but made it clear that Western powers were not willing to sacrifice their own economies to penalize Moscow for invading Ukraine. Meanwhile, the dollar remained on solid footing on inflation concerns and ensuing rate hikes from the Federal Reserve. Fed governor Michelle Bowman said Monday that she will assess incoming data in deciding whether a half percentage point rate increase at the March meeting is needed.2022-02-25T06:22:36.597"
US Futures Fall as Investors Assess Ukraine Situation,Stock Market,"US Futures Fall as Investors Assess Ukraine SituationUnited States Stock MarketUS stock futures fell on Friday after the major averages staged a dramatic reversal in the previous session, while investors continued to assess risks arising from Russia’s invasion of Ukraine. Dow futures shed 0.5%, S&P 500 futures declined 0.6% and Nasdaq 100 futures dropped 0.8%. In regular trading on Thursday, the major averages turned higher following days of heavy selling, with the Nasdaq rallying 3.35%. The S&P 500 also gained 1.5% and the Dow rose 0.28%. This action came after the three indexes gapped down on the open as markets reacted after Russia launched a military operation in Ukraine, before sentiment shifted as investors covered shorts and bought the dip. Analysts argued that major geopolitical events were usually short-term market issues, especially if the economy was on solid footing.  Meanwhile, all three averages are still in correction territory, with each down more than 10% from their respective record highs.2022-02-25T00:20:00"
Monster Beverage earnings below expectations at 0.60 USD,Earnings,"Monster Beverage earnings below expectations at 0.60 USDUnited States EarningsMonster Beverage (MNST) released earnings per share at 0.60 USD, compared to market expectations of 0.61 USD.2022-02-24T21:32:53.257"
Dell Technologies Inc earnings below expectations at 1.72 USD,Earnings,"Dell Technologies Inc earnings below expectations at 1.72 USDUnited States EarningsDell Technologies Inc (DELL) released earnings per share at 1.72 USD, compared to market expectations of 1.95 USD.2022-02-24T21:32:46.85"
Square earnings above expectations at 0.27 USD,Earnings,"Square earnings above expectations at 0.27 USDUnited States EarningsSquare (SQ) released earnings per share at 0.27 USD, compared to market expectations of 0.23 USD.2022-02-24T21:32:28.22"
Coinbase earnings above expectations at 3.32 USD,Earnings,"Coinbase earnings above expectations at 3.32 USDUnited States EarningsCoinbase (COIN) released earnings per share at 3.32 USD, compared to market expectations of 1.95 USD.2022-02-24T21:26:23.81"
Autodesk earnings above expectations at 1.50 USD,Earnings,"Autodesk earnings above expectations at 1.50 USDUnited States EarningsAutodesk (ADSK) released earnings per share at 1.50 USD, compared to market expectations of 1.43 USD.2022-02-24T21:26:02.49"
EOG Resources earnings below expectations at 3.09 USD,Earnings,"EOG Resources earnings below expectations at 3.09 USDUnited States EarningsEOG Resources (EOG) released earnings per share at 3.09 USD, compared to market expectations of 3.21 USD.2022-02-24T21:25:56.007"
VMware earnings above expectations at 2.02 USD,Earnings,"VMware earnings above expectations at 2.02 USDUnited States EarningsVMware (VMW) released earnings per share at 2.02 USD, compared to market expectations of 1.97 USD.2022-02-24T21:25:46.89"
Intuit earnings below expectations at 1.55 USD,Earnings,"Intuit earnings below expectations at 1.55 USDUnited States EarningsIntuit (INTU) released earnings per share at 1.55 USD, compared to market expectations of 1.83 USD.2022-02-24T21:14:37.207"
Wall Street Ends Higher,Stock Market,"Wall Street Ends HigherUnited States Stock MarketAll three main US stocks ended Thursday’s session higher, erasing steep declines earlier in the session, as investors were assessing the Russian invasion of Ukraine and took advantage of lower valuations. US President Joe Biden announced additional sanctions on Russian banks and said the US would release additional barrels of oil as conditions warrant but felt short of barring Russia from the Swift network. Meanwhile, better than expected weekly jobless claims also tempered the gloomy mood across markets, while economic growth to end 2021 was slightly better than initially reported. The Dow Jones gained 90 points, after falling to levels not seen since March last year; the S&P 500 climbed 1.5%; and the Nasdaq rose more than 3% as investors moved back to the safety trade of big tech after a rough open.2022-02-24T21:03:00"
Occidental Petroleum earnings above expectations at 1.48 USD,Earnings,"Occidental Petroleum earnings above expectations at 1.48 USDUnited States EarningsOccidental Petroleum (OXY) released earnings per share at 1.48 USD, compared to market expectations of 1.08 USD.2022-02-24T20:20:03.293"
Wall Street Cuts Losses,Stock Market,"Wall Street Cuts LossesUnited States Stock MarketUS stocks erased most losses after falling as much as 2% at the open on Thursday, as investors were assessing the Russian invasion of Ukraine and took advantage of lower valuations. US President Joe Biden announced additional sanctions on Russian banks and said the US would release additional barrels of oil as conditions warrant but felt short of barring Russia from the Swift network. Meanwhile, better than expected weekly jobless claims also tempered the gloomy mood across markets, while economic growth to end 2021 was slightly better than initially reported. Heading into the last hour of trading, the Dow Jones was down only about 300 points after falling to levels not seen since March last year; the S&P 500 turned positive; and the Nasdaq rose almost 2% as investors moved back to the safety trade of big tech after a rough open. 2022-02-24T19:48:00"
Wall Street Pares Heavy Losses,Stock Market,"Wall Street Pares Heavy LossesUnited States Stock MarketUS stocks pared some of their heavy losses, with the tech-heavy Nasdaq recovering from an over 2% drop to briefly cross over into positive territory as investors moved back to the safety trade of big tech after a rough open. The Dow Jones has declined to levels not seen since March last year, while the S&P 500 tumbled deeper into correction territory, but some dip-buying strategies have put a floor under prices. As expected, a wave of red coming from Europe has washed up on the screens of investors on Wall Street. NATO and its allies firmly condemned Russia's invasion, and, in an emergency meeting, the military alliance decided to deploy additional forces in the region and fresh sanctions against Moscow. Meanwhile, better than expected weekly jobless claims also tempered the gloomy mood across markets, while economic growth to end 2021 was slightly better than initially reported. 2022-02-24T16:51:00"
US Crude Inventories Rise More than Expected: EIA,Crude Oil Stocks Change,"US Crude Inventories Rise More than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 4.515 million barrels in the week ended February 18th, the most since October last year and following a 1.121 million increase in the previous period. It compares with market forecasts of a 0.442-million-barrel rise, data from the EIA Petroleum Status Report showed. Crude stocks at the Cushing, Oklahoma, delivery hub however declined by 2.049 million and gasoline inventories decreased by 0.582 million barrels, less than market expectations of a 1.331 million drop. Meanwhile, distillate stockpiles which include diesel and heating oil went down 0.585 million barrels, compared to forecasts of a 1.763-million-barrel decline.2022-02-24T16:41:43.647"
US New Home Sales Fall in January,New Home Sales,"US New Home Sales Fall in JanuaryUnited States New Home SalesNew home sales in the United States fell 4.5% from a month earlier to a seasonally adjusted annual rate of 801 thousand in January of 2022, as high home prices, rising mortgage rates, cold weather and a surge in omicron infections weighed. Figures came slightly below market forecasts of 806 thousand and compare with a 9-month high of 839 thousand in December. In January, drops were seen in home sales in the Northeast (-10.7% to 25 thousand), the South (-7.4% to 438 thousand) and the Midwest (-3.7% to 78 thousand) while sales rose 1.2% in the Midwest to 260 thousand. The median sales price of new houses sold last month was USD 423,300, much higher than USD 373,200 a year earlier while the average sales price was USD 496,900, up from USD 418,600. The supply of new homes for sale increased by 3 percent.2022-02-24T15:06:00"
Dow Jones is down by 2%,stock market,Dow Jones is down by 2%United States stock marketDow Jones decreased 2% to 324702022-02-24T14:53:31.35
Wall Street Extends Selloff,Stock Market,"Wall Street Extends SelloffUnited States Stock MarketWall Street lost further ground Thursday, with the Dow Jones tumbling more than 800 points while the S&P 500 and the tech-heavy Nasdaq are down 3% and 2.5%, respectively, as Russia launched a full-scale military invasion in Ukraine. As expected, a wave of red coming from Europe has washed up on the screens of investors on Wall Street. NATO and its allies firmly condemned the attacks, and, in an emergency meeting, the military alliance decided to deploy additional forces in the region and fresh sanctions against Moscow. On the data front, weekly jobless claims came in better than expected and economic growth to end 2021 was slightly better than initially reported, according to government data.2022-02-24T14:33:00"
S&P 500 Hits 40-week Low,Stock Market,S&P 500 Hits 40-week LowUnited States Stock MarketUS500 decreased to a 40-week low of 41172022-02-24T14:30:08.607
NASDAQ 100 Hits 40-week Low,Stock Market,NASDAQ 100 Hits 40-week LowUnited States Stock MarketUSNDX decreased to a 40-week low of 130752022-02-24T14:30:06.637
Chicago Fed National Activity Index Rises in January,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Rises in JanuaryUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the US increased to +0.69 in January of 2022 from a revised 0.07 in the previous month, suggesting a pick up in economic activity.  All four broad categories of indicators used to construct the index made positive contributions in January, and two categories improved from December.  Production-related indicators contributed +0.29 to the CFNAI in January, up from –0.10 in December; and the contribution of the personal consumption and housing category rose to +0.23 from –0.14 in December. Meanwhile, the contribution of the sales, orders, and inventories moved down to +0.03 in January from +0.11 in December. Also, employment-related indicators contributed +0.14, down slightly from +0.19 in December.  The index’s three-month moving average, CFNAI-MA3, edged down to +0.42 in January from +0.46 in December.
2022-02-24T13:34:00"
American Electric Power earnings above expectations at 0.98 USD,Earnings,"American Electric Power earnings above expectations at 0.98 USDUnited States EarningsAmerican Electric Power (AEP) released earnings per share at 0.98 USD, compared to market expectations of 0.94 USD.2022-02-24T12:22:21.15"
Keurig Dr Pepper earnings meet market expectations at 0.45 USD,Earnings,"Keurig Dr Pepper earnings meet market expectations at 0.45 USDUnited States EarningsKeurig Dr Pepper (KDP) released earnings per share at 0.45 USD, in line with market expectations.2022-02-24T12:22:08.84"
Newmont Mining earnings above expectations at 0.78 USD,Earnings,"Newmont Mining earnings above expectations at 0.78 USDUnited States EarningsNewmont Mining (NEM) released earnings per share at 0.78 USD, compared to market expectations of 0.77 USD.2022-02-24T12:22:02.357"
Moderna Inc earnings above expectations at 11.29 USD,Earnings,"Moderna Inc earnings above expectations at 11.29 USDUnited States EarningsModerna Inc (MRNA) released earnings per share at 11.29 USD, compared to market expectations of 9.62 USD.2022-02-24T12:21:55.843"
American Tower earnings below expectations at 0.99 USD,Earnings,"American Tower earnings below expectations at 0.99 USDUnited States EarningsAmerican Tower (AMT) released earnings per share at 0.99 USD, compared to market expectations of 1.15 USD.2022-02-24T12:21:47.38"
US Stock Futures Fall Sharply,Stock Market,"US Stock Futures Fall SharplyUnited States Stock MarketWall Street is poised to open sharply down on Thursday, with futures contracts tied to the three major indices declining nearly 3% each after Russia launched a full-scale military invasion in Ukraine. As expected, a wave of red coming from Europe has washed up on the screens of investors on Wall Street. NATO and its allies firmly condemned the attacks, and, in an emergency meeting, the military alliance decided to deploy additional forces and fresh sanctions. On Wednesday, the S&P 500 fell 1.84% in regular trading, moving deeper into correction territory and ending the day about 12% from its Jan. 3 record close. The Dow also dropped 1.38%, and the Nasdaq declined 2.57%, with all three indices closing at their lowest levels of the year. 2022-02-24T11:48:00"
Dollar Surges as Russia Launches Attack,Currency,"Dollar Surges as Russia Launches AttackUnited States CurrencyThe dollar index appreciated past 96.5 on Thursday, as safe-haven demand for the currency jumped after president Vladimir Putin announced that Russia would launch a military operation in Ukraine, with explosions being reported in Kyiv. Putin warned other countries that any attempt to interfere with the Russian action would lead to “consequences they have never seen,” according to Reuters. President Joe Biden condemned the attack and said that he would meet with G-7 leaders on Thursday and announce further consequences the West will impose on Russia. Meanwhile, investors are also keeping an eye on accelerating inflation and ensuing rate hikes from the Federal Reserve, after Fed governor Michelle Bowman said Monday that she will assess incoming data in deciding whether a half percentage point rate increase at the March meeting is needed.2022-02-24T04:35:01.36"
US Futures Fall as Putin Announces Military Operation,Stock Market,"US Futures Fall as Putin Announces Military OperationUnited States Stock MarketUS stock futures fell on Thursday after president Vladimir Putin announced that Russia would launch a military operation in Ukraine, with explosions being reported in Kyiv. Contracts tied to the three major indices each declined more than 1%. In regular trading on Wednesday, the S&P 500 fell 1.84%, moving deeper into correction territory and ending the day about 12% from its Jan. 3 record close. The Dow also dropped 1.38% and the Nasdaq declined 2.57%, with all three indices closing at their lowest levels of the year. While investors continued to assess risks arising from the crisis in Ukraine, analysts suggested that expectations of higher interest rates could be driving the market drop. However, strong fundamentals are still expected to support the market, with several big companies slated to report earnings on Thursday including Alibaba, Moderna, Coinbase, Block and Dell, among others.2022-02-24T03:27:00"
DXY Strengthens Above 96.2,Currency,"DXY Strengthens Above 96.2United States CurrencyThe dollar index strengthened to 96.2, lifted by safe-haven flows after the US State Department said a Russian invasion of Ukraine remains potentially imminent and Ukraine declared a state of emergency. Several countries announced more sanctions against Russia and President Biden announced new penalties hitting the builder of the Nord Stream 2 gas pipeline. Meanwhile, the current crisis in Ukraine pushed expectations for at least a 50-basis-point interest rate hike at the March meeting down to about 31% from around 45% a week ago, according to CME's FedWatch Tool. On Monday, Fed governor Michelle Bowman suggested that a 50 bps rate increase could happen if PCE inflation to be released later in the week comes in above expectations.2022-02-23T22:09:00"
US Crude Oil Inventories Rise More than Expected: API,API Crude Oil Stock Change,"US Crude Oil Inventories Rise More than Expected: API United States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 5.983 million barrels in the week ended February 18th of 2022, after a 1.076-million-barrel draw in the previous week and well above market expectations of a 0.767-million-barrel increase. It was the first increase in US crude inventories in five weeks, data from the American Petroleum Institute showed.2022-02-23T21:39:14.45"
Booking Holdings Inc earnings above expectations at 15.83 USD,Earnings,"Booking Holdings Inc earnings above expectations at 15.83 USDUnited States EarningsBooking Holdings Inc (BKNG) released earnings per share at 15.83 USD, compared to market expectations of 12.73 USD.2022-02-23T21:21:07.74"
"US Stocks Sink, Dow Ends at 11-Month Low",Stock Market,"US Stocks Sink, Dow Ends at 11-Month LowUnited States Stock MarketWall Street went into a tailspin on Wednesday, with investors nervous about the Ukraine crisis and the consequences of Western sanctions against Russia on growth and inflation. After an initial round of sanctions on Moscow, US President Biden announced new penalties hitting the builder of the Nord Stream 2 gas pipeline. US intelligence warned Ukraine of full-scale Russian invasion within 48 hours while several countries including the EU, the UK, Canada, Australia and Japan also imposed restrictions on Russian companies, individuals and financial markets. Meanwhile, Ukraine’s parliament approved a declaration of a state of emergency in the entire country and told its citizens in Russia to immediately come home, while Moscow began evacuating its Kyiv embassy. The Dow Jones lost more than 460 points to close at its lowest level in about 11 months; the S&P 500 declined 1.8%, extending losses for the 4th day and falling deeper into correction territory; and the heavyweight Nasdaq shed 2.6%.2022-02-23T21:04:00"
Dow Jones Hits 4-week Low,Stock Market,Dow Jones Hits 4-week LowUnited States Stock MarketUS30 decreased to a 4-week low of 333642022-02-23T18:30:54.05
S&P 500 Hits 4-week Low,Stock Market,S&P 500 Hits 4-week LowUnited States Stock MarketUS500 decreased to a 4-week low of 42672022-02-23T18:15:03.237
NASDAQ 100 Hits 37-week Low,Stock Market,NASDAQ 100 Hits 37-week LowUnited States Stock MarketUSNDX decreased to a 37-week low of 137162022-02-23T18:12:02.707
"US Stocks Pare Gains, Volatility Returns",Stock Market,"US Stocks Pare Gains, Volatility ReturnsUnited States Stock MarketUS stocks pared early gains to trade lower on Wednesday as market volatility returned, amid fresh concerns over the crisis in Ukraine. Several countries are announcing more sanctions on Russia, Ukraine suffered another cyberattack on state websites and is set to introduce a state of emergency. The Dow Jones lost almost 400 points after adding more than 200 points at the open and the S&P 500 fell deeper into correction territory after rising almost 1%. The Nasdaq was also down by 2% hitting a 37-week low. Consumer discretionary and utilities were among the worst performing sectors. Meanwhile, home retailing giant Lowe's beat earnings forecasts and said sales rose 5%, sending shares up more than 2%.2022-02-23T16:00:00"
Wall Street Regains Traction,Stock Market,"Wall Street Regains Traction United States Stock MarketWall Street's main indexes opened Wednesday's session in the green, with the Dow Jones adding more than 200 points while the S&P 500 and the Nasdaq 100 were up almost 1% each as investors were awaiting further developments on the Ukraine crisis. Western countries, Australia and Japan, announced sanctions targeting Russian banks, the country's sovereign debt and elites after Moscow ordered troops into separatist regions of eastern Ukraine. Meanwhile, Home retailing giant Lowe's beat earnings forecasts and said sales rose 5%, sending shares up more than 3%. 2022-02-23T14:34:00"
TJX Companies earnings below expectations at 0.78 USD,Earnings,"TJX Companies earnings below expectations at 0.78 USDUnited States EarningsTJX Companies (TJX) released earnings per share at 0.78 USD, compared to market expectations of 0.90 USD.2022-02-23T13:08:38.68"
Lowe's Companies earnings above expectations at 1.78 USD,Earnings,"Lowe's Companies earnings above expectations at 1.78 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 1.78 USD, compared to market expectations of 1.71 USD.2022-02-23T11:05:22.503"
US Treasury Yields Rebound from Three-Week Low,Government Bond 10Y,"US Treasury Yields Rebound from Three-Week Low United States Government Bond 10YThe benchmark 10-year Treasury note yield rose to around 1.976%, rebounding from an almost three-week low of 1.846% hit in the prior session. After a recent rally, bond markets took a breather as investors weighed the impact of retaliatory western sanctions against Russia amid escalating tensions in eastern Ukraine. Aside from Ukraine headlines, the latest FOMC showed the central bank would not raise interest rates yet but strongly indicated a hike is on the way as soon as March, while it will start unwinding its nearly $9 trillion balance sheet. 2022-02-23T09:49:00"
"Dollar Muted as Traders Mull Ukraine, Inflation Risks",Currency,"Dollar Muted as Traders Mull Ukraine, Inflation RisksUnited States CurrencyThe dollar index was little changed around 96 on Wednesday, as investors continued monitoring developments around the Ukraine crisis closely, while keeping an eye on accelerating inflation and ensuing rate hikes from the Federal Reserve. Fed governor Michelle Bowman suggested on Monday that a 50 basis point rate hike at the March meeting could happen if PCE inflation to be released later in the week comes in above expectations. Policymakers are coalescing around a plan and conditioning markets for a steady increase in interest rates starting in March. Meanwhile, Biden announced US sanctions against Russia on Tuesday targeting the country’s sovereign debt, financial firms and elites, after Moscow ordered troops into two separatist regions of Ukraine.2022-02-23T07:11:43.8"
Cadence Design Systems earnings above expectations at 0.82 USD,Earnings,"Cadence Design Systems earnings above expectations at 0.82 USDUnited States EarningsCadence Design Systems (CDNS) released earnings per share at 0.82 USD, compared to market expectations of 0.78 USD.2022-02-22T21:30:05.94"
Realty Income earnings below expectations at 0.01 USD,Earnings,"Realty Income earnings below expectations at 0.01 USDUnited States EarningsRealty Income (O) released earnings per share at 0.01 USD, compared to market expectations of 0.31 USD.2022-02-22T21:29:58.913"
Agilent earnings above expectations at 1.21 USD,Earnings,"Agilent earnings above expectations at 1.21 USDUnited States EarningsAgilent (A) released earnings per share at 1.21 USD, compared to market expectations of 1.18 USD.2022-02-22T21:29:52.313"
Palo Alto Networks earnings above expectations at 1.74 USD,Earnings,"Palo Alto Networks earnings above expectations at 1.74 USDUnited States EarningsPalo Alto Networks (PANW) released earnings per share at 1.74 USD, compared to market expectations of 1.65 USD.2022-02-22T21:29:39.037"
Public Storage earnings above expectations at 3.54 USD,Earnings,"Public Storage earnings above expectations at 3.54 USDUnited States EarningsPublic Storage (PSA) released earnings per share at 3.54 USD, compared to market expectations of 2.18 USD.2022-02-22T21:29:33.127"
S&P 500 Hits 4-week Low,Stock Market,S&P 500 Hits 4-week LowUnited States Stock MarketUS500 decreased to a 4-week low of 42922022-02-22T18:39:14.113
Home Depot earnings above expectations at 3.21 USD,Earnings,"Home Depot earnings above expectations at 3.21 USDUnited States EarningsHome Depot (HD) released earnings per share at 3.21 USD, compared to market expectations of 3.18 USD.2022-02-22T17:26:55.053"
Williams Companies earnings above expectations at 0.39 USD,Earnings,"Williams Companies earnings above expectations at 0.39 USDUnited States EarningsWilliams Companies (WMB) released earnings per share at 0.39 USD, compared to market expectations of 0.34 USD.2022-02-22T16:15:45.6"
US 5th District Factory Index at 5-Month Low,Richmond Fed Manufacturing Index,"US 5th District Factory Index at 5-Month LowUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district decreased to a 5-month low of 1 in February of 2022 from 8 in the previous month, due to declines in the indexes for shipments (-11 vs 14 in January) and new orders (-3 vs 6). However, the third component in the composite index, employment, increased to 20 from 4 in January. Firms reported decreases in order backlogs, as the index became negative for the first time since June 2020. Vendor lead times increased for many firms as that index remained at near-historic highs. Firms’ perceptions about changes in local business conditions remained slightly negative; however, firms remained optimistic about future conditions. Firms continued to report increasing wages while also citing challenges finding workers with the necessary skills. Firms expect this challenge to last for at least the next six months as the expectations index remained in negative territory.2022-02-22T15:06:00"
Dollar Little Changed as Traders Await Developments in Ukraine,Currency,"Dollar Little Changed as Traders Await Developments in UkraineUnited States CurrencyThe dollar index was around 96 on Tuesday, reversing from early gains, as investors track the crisis in Ukraine and the risks to growth and inflation. Russian president Vladimir Putin recognized on Monday the independence of two breakaway regions in eastern Ukraine and later ordered forces into the area. US president Joe Biden responded by ordering sanctions on the two separatist regions, with the European Union taking additional measures. Moreover, Federal Reserve governor Michelle Bowman suggested Monday that a 50 basis point rate hike at the March meeting could happen if PCE inflation to be released later in the week comes in above expectations.
2022-02-22T15:02:00"
US Private Sector Growth Accelerates from 18-Month Low,Composite PMI,"US Private Sector Growth Accelerates from 18-Month LowUnited States Composite PMIThe IHS Markit US Composite PMI rose to 56.0 in February 2022, from an 18-month low of 51.1 in the previous month, a preliminary estimate showed as companies reported a notable recovery in demand from COVID-related disruptions at the start of the year. Services firms led the rise, although manufacturers likewise registered a stronger increase in output, buoyed by a slight easing of supply bottlenecks. New business growth among private sector companies was the fastest in seven months and employment expanded further, taking the current sequence of job creation to 20 months and at the strongest pace since last May. On the price front, inflationary pressures across the private sector intensified, with the rate of input price inflation quickening from January’s ten-month low mainly due to higher raw material, transportation and wage costs. Prices charged for goods and services in the US rose at a record pace as companies continued to share additional cost burdens with their clients. 2022-02-22T14:53:00"
US Services Sector Expands More than Expected: Markit,Services PMI,"US Services Sector Expands More than Expected: MarkitUnited States Services PMIThe IHS Markit US Services PMI rose to 56.7 in February 2022 from 51.2 in the previous month and above market consensus of 53.0, a preliminary estimate showed. Companies noted the strongest expansion in sales since last July. International demand for US services also strengthened in February. With demand conditions improving, service providers continued to hire extra staff. The increase was marked and the fastest in nine months. On the price front, there were sharper increases in both input costs and output prices. Notably, the rate of charge inflation hit a series peak. 2022-02-22T14:49:00"
US Home Prices Rise 1.2% in December: FHFA,House Price Index MoM,"US Home Prices Rise 1.2% in December: FHFAUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 1.2 percent from a month earlier in December 2021, the same pace as in November. Year-on-year, house prices jumped 17.6 percent in December, also at the same rate as in the previous month.
2022-02-22T14:01:00"
US Treasury Yields Drop as Russia-Ukraine Tensions Escalate,Government Bond 10Y,"US Treasury Yields Drop as Russia-Ukraine Tensions EscalateUnited States Government Bond 10YThe benchmark 10-year Treasury note yield bottomed around 1.959%, having touched an over two-week low of 1.846% earlier this session. Investors continued to monitor developments on the Russia-Ukraine crisis while digesting the prospects of tightening Federal Reserve monetary policy. Western countries threatened to impose sanctions against Russia after President Putin recognized the Donetsk and Luhansk territories in eastern Ukraine as independent states and deployed Russian troops into the region. Aside from Ukraine headlines, the latest FOMC showed the central bank would not raise interest rates yet but strongly indicated a hike is on the way as soon as March, while it will start unwinding its nearly $9 trillion balance sheet. 2022-02-22T10:41:00"
NASDAQ 100 Hits 4-week Low,Stock Market,NASDAQ 100 Hits 4-week LowUnited States Stock MarketUSNDX decreased to a 4-week low of 138702022-02-21T14:30:05.207
US Stock Futures Tumble,Stock Market,"US Stock Futures Tumble United States Stock MarketUS stock futures tracking the broader market tumbled on Monday, extending last week's meltdown on worries of escalating geopolitical tensions in Eastern Europe. In the most recent developments, US President Joe Biden and Russian President Vladimir Putin agreed to a proposal by France's Emanuel Macron to hold a summit over Ukraine. However, Russia did not confirm that preparations for such a meeting had begun. Wall Street has dropped for two consecutive weeks amid growing geopolitical concerns in Europe, exacerbated by inflationary risks and upcoming interest rate hikes from the Federal Reserve. Federal Reserve's last meeting minutes showed the central bank would not raise interest rates yet but strongly indicated a hike is on the way as soon as March, while it will start unwinding its nearly $9 trillion balance sheet. Last week, the Dow dropped 1.9%, while the S&P 500 and Nasdaq lost 1.58% and 1.76%, respectively. US markets will be closed Monday for Presidents Day.2022-02-21T13:44:00"
US Treasury Yields Ease,Government Bond 10Y,"US Treasury Yields Ease United States Government Bond 10YThe benchmark 10-year Treasury note yield bottomed around 1.927%, easing from a thirty-month high of 2.065% hit on February 16, as investors continued to monitor developments on the Russia-Ukraine crisis while digesting the prospects of tightening Federal Reserve monetary policy. The latest FOMC minutes did not offer fresh hawkish clues, showing the central bank would not raise interest rates yet but strongly indicated a hike is on the way as soon as March, while it will start unwinding its nearly $9 trillion balance sheet. US Bond markets will be closed Monday for Presidents Day.  2022-02-21T11:32:13.8"
Dollar Weakens on Ukraine Summit Plan,Currency,"Dollar Weakens on Ukraine Summit PlanUnited States CurrencyThe dollar index weakened past the 96 level on Monday, as safe-haven demand for the currency eased after the US president agreed to meet with his Russian counterpart to de-escalate tensions over Ukraine. The office of French president Emmanuel Macron said that Biden and Putin have agreed “in principle” to a summit in the coming weeks, after a series of conversations between Macron and both leaders, provided that Russia does not invade Ukraine. Meanwhile, traders continued to assess the outlook for monetary policy after St. Louis Fed president James Bullard, who had just called for aggressive action, warned last week that inflation could get out of control without rate hikes. Markets will be closely watching a string of public remarks from Federal Reserve officials this week for any hint on the timing and magnitude of rate hikes.2022-02-21T06:15:57.343"
US Futures Rise on Proposed Biden-Putin Summit,Stock Market,"US Futures Rise on Proposed Biden-Putin SummitUnited States Stock MarketUS stock futures bounced back from early losses on Monday following reports that the ongoing talks to halt the escalation of tensions in Ukraine were successful. Dow, S&P 500 and Nasdaq 100 futures each gained more than 0.4%. The office of French president Emmanuel Macron said that Biden and Putin have agreed “in principle” to a summit in the coming weeks, after a series of conversations between Macron and both leaders, provided that Russia does not invade Ukraine. US stocks fell for two consecutive weeks amid growing geopolitical concerns in Europe, exacerbated by inflationary risks and upcoming interest rate hikes from the Federal Reserve. St. Louis Fed president James Bullard, who had just called for aggressive action, warned last week that inflation could get out of control without rate hikes. The Dow dropped 1.9% last week, while the S&P 500 and Nasdaq lost 1.58% and 1.76%, respectively. US markets will be closed Monday in observance of the Presidents’ Day holiday.2022-02-21T03:24:00"
US Stocks Fall for 2nd Straight Week,stock market,"US Stocks Fall for 2nd Straight WeekUnited States stock marketUS stocks closed lower for the third straight session on Friday, notching a second consecutive losing week as escalating tensions between Russia and Ukraine and concerns about the Fed's next steps dominated the session. Russian media said a car exploded near a government building in separatist-controlled Donetsk, and civilians were ordered to evacuate, heightening fears that Russia is planning to invade Ukraine. Meanwhile, St. Louis Fed Bullard warned that inflation could get out of control without rate hikes and Fed Bank of Cleveland President Loretta Mester said she supports hiking rates faster if needed. On corporate updates, BoA analysts reiterated their “underperform” rating on Intel’s stock, while Roku shares plunged 22% after quarterly revenues missed expectations and issued weak guidance. The Dow lost 234 points, S&P 500 was down 0.7%, and Nasdaq ended 1.2% lower. 2022-02-18T20:32:00"
"Wall Street Lower, Poised for Weekly Decline",Stock Market,"Wall Street Lower, Poised for Weekly DeclineUnited States Stock MarketUS stocks were mostly down in early trading Friday, following the last session's meltdown as investors reacted to conflicting headlines regarding the escalating tensions between Russia and Ukraine. In recent developments, Russian-backed rebels and Ukrainian forces traded fresh accusations of cease-fire violations at Ukraine's border. Meanwhile, the US secretary of state Antony Blinken agreed to meet with Russian foreign minister Sergei Lavrov next week, hoping for a diplomatic solution. Aside from Russia-Ukraine rhetoric, investors focused on less hawkish signals from US Federal Reserve's last meeting minutes. The central bank would not raise interest rates yet but strongly indicated a hike is on the way as soon as March, while it will start unwinding its nearly $9 trillion balance sheet. As a result, Wall Street is on track for its second weekly decline, with the Dow Jones down over 1% so far this week. The S&P 500 and the tech-heavy Nasdaq 100 are almost 1% down each. 2022-02-18T14:44:00"
Deere & Company earnings above expectations at 2.92 USD,Earnings,"Deere & Company earnings above expectations at 2.92 USDUnited States EarningsDeere & Company (DE) released earnings per share at 2.92 USD, compared to market expectations of 2.24 USD.2022-02-18T12:17:08.627"
Treasury Yields Steady as US and Russia Set to Meet,Government Bond 10Y,"Treasury Yields Steady as US and Russia Set to MeetUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note steadied at 1.97% to end the week, amid a general improvement in risk appetite after US secretary of state Antony Blinken agreed to meet with Russian foreign minister Sergei Lavrov next week, easing some concerns about escalating geopolitical risks. Meanwhile, investors continue to digest prospects of tightening Federal Reserve monetary policy. St. Louis Fed President James Bullard repeated his call for Fed's strong action and Fed Bank of Cleveland President Loretta Mester said she supports hiking rates faster if needed. The Fed is set to start raising the fed funds rate next month although it is still unclear whether it will deliver a 25bps or a 50bps increase. 2022-02-18T09:29:36.873"
"Dollar Muted as Traders Mull Ukraine, Inflation Risks",Currency,"Dollar Muted as Traders Mull Ukraine, Inflation RisksUnited States CurrencyThe dollar index held steady around the 95.8 level on Friday after facing increased volatility in the previous session, as traders reassessed geopolitical and inflationary risks. US secretary of state Antony Blinken agreed to meet with Russian foreign minister Sergei Lavrov next week, raising hopes for a diplomatic solution to the ongoing standoff in Ukraine and providing some relief to the markets. Meanwhile, St. Louis Fed president James Bullard warned Thursday that inflation could get out of control without rate hikes and reiterated his call for a full percentage point of rate increase by July. Expectations for a more aggressive policy tightening were previously nipped after the latest FOMC minutes showed that while policymakers agreed that it would “soon be appropriate” to raise interest rates, they would reassess the rate hike timeline at each meeting.2022-02-18T06:51:47.78"
Digital Realty earnings above expectations at 3.71 USD,Earnings,"Digital Realty earnings above expectations at 3.71 USDUnited States EarningsDigital Realty (DLR) released earnings per share at 3.71 USD, compared to market expectations of 0.32 USD.2022-02-17T22:27:08.07"
US Building Permits Beat Forecasts at 2006-High,Building Permits,"US Building Permits Beat Forecasts at 2006-HighUnited States Building PermitsBuilding permits in the United States rose 0.7 percent from a month earlier to a seasonally adjusted annual rate of 1.899 million in January of 2022, the highest since May of 2006, and above market expectations of 1.760 million. Single-family authorizations jumped 6.8 percent to a rate of 1,205 thousand while those for buildings with five units or more dropped 8.8 percent to a rate of 629 thousand. Permits increased significantly in the West (13.9 percent to 475 thousand) and the South (11.4 percent to 1,004 thousand). On the other hand, permits fell in the Northeast (-48.3 percent to 155 thousand and in the Midwest (-0.7percent to 265 thousand).2022-02-17T13:32:00"
Baxter International earnings above expectations at 1.04 USD,Earnings,"Baxter International earnings above expectations at 1.04 USDUnited States EarningsBaxter International (BAX) released earnings per share at 1.04 USD, compared to market expectations of 1.03 USD.2022-02-17T12:37:54.053"
Walmart earnings above expectations at 1.53 USD,Earnings,"Walmart earnings above expectations at 1.53 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.53 USD, compared to market expectations of 1.49 USD.2022-02-17T12:37:48.167"
Southern Co. earnings above expectations at 0.36 USD,Earnings,"Southern Co. earnings above expectations at 0.36 USDUnited States EarningsSouthern Co. (SO) released earnings per share at 0.36 USD, compared to market expectations of 0.35 USD.2022-02-17T12:15:56.41"
Dollar Turns Higher Amid Geopolitical Concerns,Currency,"Dollar Turns Higher Amid Geopolitical ConcernsUnited States CurrencyThe dollar index edged higher toward the 96 level on Thursday after losing some ground in the past two sessions, as geopolitical concerns resurfaced and spurred safe-haven demand for the currency. State-owned RIA news agency reported that Russia-backed rebels accused Ukrainian forces of mortar fire on Thursday, in violation of agreements aimed at ending the conflict. On the other hand, NATO officials accused Russia of increasing troops at the Ukrainian border on Wednesday, a day after Moscow claimed it had begun withdrawing some of its military units. Meanwhile, investors mulled the latest FOMC meeting minutes which indicated that the Fed is prepared to hike rates and reduce its balance sheet soon, as widely expected, but that any decision moving forward would depend on a meeting-by-meeting analysis of inflation and other data.2022-02-17T06:23:00"
AIG earnings below expectations at 0.94 USD,Earnings,"AIG earnings below expectations at 0.94 USDUnited States EarningsAIG (AIG) released earnings per share at 0.94 USD, compared to market expectations of 1.19 USD.2022-02-16T21:55:09.133"
Synopsys earnings above expectations at 2.40 USD,Earnings,"Synopsys earnings above expectations at 2.40 USDUnited States EarningsSynopsys (SNPS) released earnings per share at 2.40 USD, compared to market expectations of 2.38 USD.2022-02-16T21:25:25.33"
Pioneer Natural Resources earnings above expectations at 4.58 USD,Earnings,"Pioneer Natural Resources earnings above expectations at 4.58 USDUnited States EarningsPioneer Natural Resources (PXD) released earnings per share at 4.58 USD, compared to market expectations of 4.05 USD.2022-02-16T21:25:18.847"
Equinix earnings below expectations at 1.36 USD,Earnings,"Equinix earnings below expectations at 1.36 USDUnited States EarningsEquinix (EQIX) released earnings per share at 1.36 USD, compared to market expectations of 1.40 USD.2022-02-16T21:25:12.287"
Applied Materials earnings above expectations at 1.89 USD,Earnings,"Applied Materials earnings above expectations at 1.89 USDUnited States EarningsApplied Materials (AMAT) released earnings per share at 1.89 USD, compared to market expectations of 1.86 USD.2022-02-16T21:25:05.7"
Cisco Systems earnings above expectations at 0.84 USD,Earnings,"Cisco Systems earnings above expectations at 0.84 USDUnited States EarningsCisco Systems (CSCO) released earnings per share at 0.84 USD, compared to market expectations of 0.81 USD.2022-02-16T21:24:59.053"
Nvidia earnings above expectations at 1.32 USD,Earnings,"Nvidia earnings above expectations at 1.32 USDUnited States EarningsNvidia (NVDA) released earnings per share at 1.32 USD, compared to market expectations of 1.22 USD.2022-02-16T21:24:53.193"
Dollar Remains Under Selling Pressure,Currency,"Dollar Remains Under Selling PressureUnited States CurrencyThe dollar index lost further ground on Wednesday, bottoming around the 95.70 neighbourhood as investors reacted to an expected looming policy tightening cycle from the US Central Bank. Minutes from the Federal Reserve’s last meeting showed the central bank would not raise interest rates yet but strongly indicated a hike is on the way as soon as March, while it will start unwinding its nearly $9 trillion balance sheet. Still, geopolitical tensions kept sentiment in check. In the most recent developments, NATO officials accused Russia of concentrating troops at the Ukrainian border a day after Moscow insisted they had withdrawn some forces.2022-02-16T19:45:36.6"
US 10Y Bond Yield Flat after Hitting 30-Month High,Government Bond 10Y,"US 10Y Bond Yield Flat after Hitting 30-Month HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note briefly hit a thirty-month high of 2.0645% before trimming gains to trade around 2.04%, as investors monitored the FOMC minutes from the Fed’s most recent meeting. According to the minutes, policymakers strongly signaled a rate hike as soon as next month and layed out procedures on how to taper the central bank’s $9 trillion balance sheet, which mostly consists of bonds. Additionally, the FOMC sees as likely both a faster tapering and a quicker pace of interest rate hikes than in the period between 2014 and 2019, if the economy continues to evolve mostly in line with the committee’s predictions. Prior to the minutes release, market participants were forecasting a 50 bps rate hike in March. Russia-Ukraine geopolitical concerns linger as NATO said today it has not seen any de-escalation of Russian troops on the ground, contradicting the Kremlin’s claims on Tuesday. 2022-02-16T18:55:00"
US Crude Inventories Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose 1.121 million barrels to 411.5 million barrels in the week ended February 11th, after a 4.756 million drop in the previous period and compared with market forecasts of a 1.572- million-barrel fall, data from the EIA Petroleum Status Report showed. Crude stocks at the Cushing, Oklahoma, delivery hub however declined by 1.9 million to 25.8 million barrels, their lowest since September 2018 and gasoline inventories decreased by 1.331 million barrels, against market expectations of a 0.55 million increase. Meanwhile, distillate stockpiles which include diesel and heating oil went down 1.552 million barrels, more than forecasts of a 1.463-million-barrel drop.2022-02-16T15:42:00"
US Homebuilder Sentiment Edges Down for 2nd Month: NAHB,Nahb Housing Market Index,"US Homebuilder Sentiment Edges Down for 2nd Month: NAHBUnited States Nahb Housing Market IndexThe NAHB housing market index in the US edged down to 82 in February of 2022, the lowest in four months and compared to market forecasts of 83. The home sales over the next six months sub-index fell to 80 from a downwardly revised 82 and the gauge for prospective buyers declined to 65 from 69. Meanwhile, the current single-family sub-index edged higher to 90 from 89. ""Delivery delays are raising construction costs and pricing prospective buyers out of the market. Residential construction costs are up 21% on a year over year basis, and these higher development costs have hit first-time buyers particularly hard"", NAHB Chairman Jerry Konter said.2022-02-16T15:08:38.437"
US Industrial Output Rises More than Expected,Industrial Production Mom,"US Industrial Output Rises More than ExpectedUnited States Industrial Production MomIndustrial production in the United States increased 1.4 percent from a month earlier in January of 2022, recovering from a 0.1 percent fall in December and beating market expectations of a 0.4 percent increase. Utilities output jumped 9.9 percent, the most since records began in 1972 mostly because of a surge in heating demand. Manufacturing output rose 0.2 percent as gains in machinery and electrical equipment more than offset a decline in production of motor vehicles and petroleum products. Also, sizable increases were recorded in the production of textile and product mills; food, beverage, and tobacco products; and paper. Meanwhile, mining output rose 1 percent. 2022-02-16T14:20:00"
US Export Prices Jump a Record 2.9% in January,Export Prices MoM,"US Export Prices Jump a Record 2.9% in JanuaryUnited States Export Prices MoMPrices for US exports went up 2.9 percent month-over-month in January of 2022, the largest one-month rise on record, rebounding from an upwardly revised 1.6 percent drop in December and beating market expectations of a 1.3 percent raise. Higher prices for agricultural and nonagricultural exports contributed to the overall increase. Export prices soared 15.1 percent yearly, following a 14.7 percent hike in December.2022-02-16T13:34:00"
US Import Prices Rise the Most Since 2011,Import Prices MoM,"US Import Prices Rise the Most Since 2011United States Import Prices MoMThe price index for US imports rose 2 percent from a month earlier in January of 2022, the most since April 2011, rebounding from a revised 0.4 percent drop in December and above market expectations of 1.3 percent. Both fuel and nonfuel prices increased. The price index for import fuel rose 9.3 percent driven by higher petroleum (9.5 percent) and natural gas (10.5 percent) prices. The cost of nonfuel imports increased 1.4 percent, the most since monthly percent changes were first published in January 2002. Higher prices for nonfuel industrial supplies and materials; foods, feeds, and beverages; capital goods; consumer goods; and automotive vehicles all contributed. On a yearly basis, US import prices advanced 10.8 percent in January.2022-02-16T13:32:00"
Kraft Heinz earnings above expectations at 0.79 USD,Earnings,"Kraft Heinz earnings above expectations at 0.79 USDUnited States EarningsKraft Heinz (KHC) released earnings per share at 0.79 USD, compared to market expectations of 0.63 USD.2022-02-16T12:10:29.62"
Analog Devices earnings above expectations at 1.94 USD,Earnings,"Analog Devices earnings above expectations at 1.94 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 1.94 USD, compared to market expectations of 1.79 USD.2022-02-16T12:10:15.713"
US Mortgage Applications Fall for 2nd Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the US fell 5.4% in the week ended February 11th, following an 8.1% drop in the previous period, data from the Mortgage Bankers Association showed. The refinancing index plunged 8.9% and the purchase index fell 1.2% as prospective buyers still face elevated sales prices and higher mortgage rates. Fixed 30-year mortgage rates surged by 22bps to 4.05%, the highest since October 2019. Meanwhile, the average loan size increased to another record of $453,000. 2022-02-16T12:07:00"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under Pressure United States CurrencyThe dollar index bottomed around 95.80 on Wednesday, easing further from a two-week peak of 96.44 touched earlier this week. Investors assessed the ongoing crisis involving the West, Russia, and Ukraine while awaiting the FOMC minutes release later in the day for an update on the Fed's tightening plans. In the most recent developments, NATO officials accused Russia of concentrating troops at the Ukrainian border a day after Moscow insisted they started to withdraw some forces. Meanwhile, the odds are rising the Federal Reserve will deliver a 50bps rate hike but speeches from several policymakers are still pointing to a lack of consensus. 2022-02-16T11:55:00"
Hilton Worldwide earnings below expectations at 0.72 USD,Earnings,"Hilton Worldwide earnings below expectations at 0.72 USDUnited States EarningsHilton Worldwide (HLT) released earnings per share at 0.72 USD, compared to market expectations of 0.74 USD.2022-02-16T11:35:20.377"
"US Futures Fall Slightly, Russia-Ukraine Tensions and FOMC Eyed",Stock Market,"US Futures Fall Slightly, Russia-Ukraine Tensions and FOMC EyedUnited States Stock MarketUS futures reversed early gains to trade slightly lower on Wednesday, with contracts on the 3 main averages falling around 0.2%, as investors again began concerned with geopolitical tensions. NATO said it appears that Russia continues the military build-up and President Joe Biden noted an invasion remains possible while the Kremlin said yesterday it was withdrawing some of its troops from the Ukrainian border. Meanwhile, investors await the FOMC minutes release later in the day for further clues on the size of a federal funds rate hike next month. The odds are rising the central bank will deliver a 50bps increase but speeches from several policymakers have pointed to a lack of consensus. Earnings will also be in focus today: Kraft Heinz topped forecasts while Cisco Systems, AIG and Nvidia are due to report after markets close.2022-02-16T10:51:00"
"US Treasury Yields Little Changed, FOMC Eyed",Government Bond 10Y,"US Treasury Yields Little Changed, FOMC Eyed United States Government Bond 10YThe yield on the benchmark US 10-year Treasury note remained around 2% on Wednesday, close to levels not seen since July of 2019, as investors await the FOMC minutes release later in the day for an update on the Fed's tightening plans. Traders are increasingly bet the central bank will deliver a 50bps rate hike next month amid stubbornly high inflation. Meanwhile, Russia-Ukraine geopolitical concerns linger as NATO said today it has not seen any de-escalation of Russian troops on the ground, after Russia said on Tuesday that troops were returning from the Ukrainian border.2022-02-16T10:29:21.687"
Dollar Steadies Amid Easing Geopolitical Tensions,Currency,"Dollar Steadies Amid Easing Geopolitical TensionsUnited States CurrencyThe dollar index steadied around the 96 level on Wednesday after falling in the previous session, as traders weighed easing geopolitical tensions against expectations of a more aggressive tightening from the Federal Reserve. Safe-haven demand for the currency moderated as Russia withdrew some of its troops near the Ukrainian border, de-escalating tensions with the West. President Putin also told German chancellor Olaf Scholz that Russia intends to negotiate with its Western partners on security guarantees through diplomatic channels. Meanwhile, the dollar was kept from further losses as St. Louis Fed president James Bullard said Monday that the central bank needs to be aggressive in fighting inflation after calling for a full percentage point rate increase by July. Investors now await the FOMC minutes on Wednesday and speeches from several Fed officials this week for fresh clues on the timing and magnitude of rate hikes.2022-02-16T05:41:55.227"
Devon Energy earnings above expectations at 1.39 USD,Earnings,"Devon Energy earnings above expectations at 1.39 USDUnited States EarningsDevon Energy (DVN) released earnings per share at 1.39 USD, compared to market expectations of 1.24 USD.2022-02-15T21:27:45.69"
The Dow Jones Index rising 1.11%,Stock Market,"The Dow Jones Index rising 1.11%United States Stock MarketUnited States Stock Market is gaining 383 points. Leading the gains are Boeing (3.42%), Salesforce.com (3.32%) and Nike (2.65%).2022-02-15T20:30:15.98"
Ecolab earnings below expectations at 1.28 USD,Earnings,"Ecolab earnings below expectations at 1.28 USDUnited States EarningsEcolab (ECL) released earnings per share at 1.28 USD, compared to market expectations of 1.32 USD.2022-02-15T13:40:09.57"
IQVIA Holdings Inc earnings above expectations at 2.55 USD,Earnings,"IQVIA Holdings Inc earnings above expectations at 2.55 USDUnited States EarningsIQVIA Holdings Inc (IQV) released earnings per share at 2.55 USD, compared to market expectations of 2.43 USD.2022-02-15T12:11:10.627"
Marriott International earnings above expectations at 1.30 USD,Earnings,"Marriott International earnings above expectations at 1.30 USDUnited States EarningsMarriott International (MAR) released earnings per share at 1.30 USD, compared to market expectations of 1.00 USD.2022-02-15T12:11:04.18"
Fidelity National Information Services earnings above expectations at 1.92 USD,Earnings,"Fidelity National Information Services earnings above expectations at 1.92 USDUnited States EarningsFidelity National Information Services (FIS) released earnings per share at 1.92 USD, compared to market expectations of 1.90 USD.2022-02-15T12:10:57.627"
Zoetis earnings above expectations at 1.00 USD,Earnings,"Zoetis earnings above expectations at 1.00 USDUnited States EarningsZoetis (ZTS) released earnings per share at 1.00 USD, compared to market expectations of 0.96 USD.2022-02-15T12:10:50.973"
Dollar Eases Back from Two-Week Highs,Currency,"Dollar Eases Back from Two-Week HighsUnited States CurrencyThe dollar index bottomed around the 96 level, moving away from a two-week peak of 96.44 touched in the prior session as the risk-on mood, backed by easing geopolitical tensions involving the West, Russia, and Ukraine, spooked investors away from the safe-haven currency. Russian foreign minister said that while large-scale drills across the country continued, some Southern and Western military districts units have completed their exercises and started returning to bases. Putting a floor under prices were recent remarks from Louis Fed president James Bullard that the central bank needs to be aggressive in fighting inflation after calling for a 100bps in an interest rate hike by July. Investors now await the FOMC minutes on Wednesday and speeches from several Fed officials this week for fresh clues on the timing and magnitude of rate hikes.2022-02-15T11:52:00"
US Futures Rise after Russia Pulls Troops,Stock Market,"US Futures Rise after Russia Pulls TroopsUnited States Stock MarketUS futures surged on Tuesday, with contracts on the Dow Jones rising around 300 points while the S&P 500 gained 1% and Nasdaq 100 futures added more than 1.5% as some Russian troops near the Ukrainian border are returning to their bases, Russia's defence ministry allegedly said, easing some concerns of an imminent war in Europe. At the same time, Fed's tightening plans remain in the spotlight as traders await the FOMC minutes tomorrow for further clarification if the central bank will deliver a 50bps rate hike next month.2022-02-15T11:22:24.333"
"Dollar Gains on Ukraine Tensions, Rate Hike Bets",Currency,"Dollar Gains on Ukraine Tensions, Rate Hike BetsUnited States CurrencyThe dollar index firmed up above 96.1 on Tuesday after hitting a 2-week high of 96.435 in the previous session, as geopolitical tensions boosted safe-haven demand for the currency, while investors mulled the potential impact of a more aggressive policy tightening from the Federal Reserve. US secretary of state Antony Blinken ordered the closing of the US embassy in Kyiv and urged Americans to leave Ukraine, citing a rapid buildup of Russian troops near the border. Meanwhile, St. Louis Fed president James Bullard said Monday that the central bank needs to be aggressive in fighting inflation, after previously calling for a full percentage point rate increase by July. Investors now await the FOMC minutes on Wednesday and speeches from several Fed officials this week for fresh clues on the timing and magnitude of rate hikes.2022-02-15T06:22:21.137"
Arista Networks earnings above expectations at 0.82 USD,Earnings,"Arista Networks earnings above expectations at 0.82 USDUnited States EarningsArista Networks (ANET) released earnings per share at 0.82 USD, compared to market expectations of 0.74 USD.2022-02-14T21:25:49.907"
US Stocks Close Subdued,Stock Market,"US Stocks Close SubduedUnited States Stock MarketUS equities closed mostly lower on Monday, with the Dow down 170 points, S&P 500 shedding 0.4%, and the Nasdaq near the flatline, in a session dominated by fears of imminent war in Eastern Europe and anxiety over the US Fed’s next move. The US embassy in Kyiv is relocating its operations to Lviv in the west of Ukraine amid a rapid buildup of Russian troops near the border, while Russia’s Foreign Minister Lavrov suggested he was ready to keep using diplomacy to defuse tensions. Earlier this session, St. Louis Federal Reserve President James Bullard reiterated his call for 100bps of hikes by July 1st during the interview on CNBC, and more speeches are expected from Fed officials this week. On the corporate side, software maker Splunk jumped 9.1% following news of a $20 billion takeover bid from Cisco Systems, while vaccine maker Moderna fell 12% after SEC filings late Friday showed its CEO sold shares last week. 2022-02-14T21:00:00"
Investors Rush to Safety of Government Bonds,Government Bond 10Y,"Investors Rush to Safety of Government BondsUnited States Government Bond 10YGlobal core government debt rallied as investors rushed to safe-haven assets. During the weekend, US security adviser Jake Sullivan told CNN that Russia could launch an invasion of Ukraine, triggering a stock sell-off and strengthening the demand for bonds. The US yield on the 10-year note, which sets the tone for corporate and household borrowing costs worldwide, bottomed around 1.920%, a dramatic reversal from an over two-year high of 2.065% touched last week. Meanwhile, Germany's 10-year Bund yield, the European benchmark, tumbled to 0.2% from an over 3-year high of almost 0.3% hit on February 11th.

2022-02-14T10:48:00"
Dollar Hits Two-Week High,Currency,"Dollar Hits Two-Week High United States CurrencyThe dollar gained further ground against its major peers on Monday, hitting an almost two-week high of 96.32 earlier this session as the risk-off mood, backed by escalating geopolitical tensions in Eastern Europe, is boosting the currency safe-haven demand. US security adviser Jake Sullivan told CNN that Russia could launch an invasion of Ukraine this week. President Biden told Ukrainian President Zelensky that the US would respond swiftly and decisively to any further aggression against Ukraine. Aside from safe-haven bids, a looming policy tightening cycle from the Federal Reserve supercharged the existing bullish sentiment. Investors now await the FOMC minutes on Wednesday and speeches from several Fed officials during the week for any updates on the size of a federal funds rate hike next month. 2022-02-14T10:28:08.983"
US Futures Fall 1% on US-Russia Tensions,Stock Market,"US Futures Fall 1% on US-Russia TensionsUnited States Stock MarketUS futures sank on Monday, with the 3 benchmarks falling around 1% each, as tensions with Russia over Ukraine escalated during the weekend. US security adviser Jake Sullivan told CNN Russia could launch an invasion of Ukraine this week and President Biden told Ukrainian President Zelensky the United States would respond swiftly and decisively to any further aggression against Ukraine. Meanwhile, investors continue to digest Fed's tightening plans and await the FOMC minutes on Wednesday and speeches from several Fed officials during the week for any updates on the size of a federal funds rate hike next month. Money markets now see bigger chances of a 50bps rate hike but policymakers do not seem to agree on such a big move. Last week, the tech-heavy Nasdaq slumped 2.18%, the S&P 500 fell 1.82% and the Dow lost 1%.2022-02-14T10:05:41.773"
"Dollar Holds Up Amid Ukraine, Inflation Concerns",Currency,"Dollar Holds Up Amid Ukraine, Inflation ConcernsUnited States CurrencyThe dollar index held around 96 on Monday after gaining some ground last week, as inflationary and geopolitical risks boosted safe-haven demand for the currency. US national security adviser Jake Sullivan said over the weekend that a Russian invasion of Ukraine “could begin at any time” and warned of civilian casualties, prompting the US to threaten Moscow with “swift and severe costs.” Meanwhile, data last week showed that US inflation accelerated to a 40-year high of 7.5% in January, driving the benchmark 10-year yield above 2% for the first time since 2019 and prompting St. Louis Fed president James Bullard to call for a bigger rate hike, expecting a full percentage point increase by July.2022-02-14T06:45:33.933"
Dominion Resources earnings below expectations at 0.90 USD,Earnings,"Dominion Resources earnings below expectations at 0.90 USDUnited States EarningsDominion Resources (D) released earnings per share at 0.90 USD, compared to market expectations of 0.91 USD.2022-02-12T16:18:44.887"
Apollo Global Management earnings below expectations at 1.05 USD,Earnings,"Apollo Global Management earnings below expectations at 1.05 USDUnited States EarningsApollo Global Management (APO) released earnings per share at 1.05 USD, compared to market expectations of 1.09 USD.2022-02-12T16:18:25.42"
Markets are Braced for More Volatility Next Week,News,"Markets are Braced for More Volatility Next WeekUnited States NewsWorries over a hawkish Federal Reserve and growing fears of the Russian invasion on Ukraine will dominate markets next week. In the US, all eyes will be on the FOMC meeting minutes, retail sales, producer inflation and housing data. Other important releases include inflation rates for China, Canada and Japan; UK unemployment rate, and Japan GDP growth rate. 2022-02-12T12:56:00"
US Stocks End Friday's Session Sharply Lower,Stock Market,"US Stocks End Friday's Session Sharply LowerUnited States Stock MarketThree main US stock market indexes finished sharply lower as investors turned to safe assets on growing tensions between Russia and Ukraine and tried to weigh the Fed's response to persistent inflation. The Dow ended 504 points down, the S&P 500 declined 1.9% and the Nasdaq shed 2.8%. The White House has warned Russia could invade Ukraine at any time, as more Russian troops were moved towards the border, urging Americans to leave. Yesterday, St. Louis Fed President Bullard called for two 50 bps hikes by the start of July after the data showed inflation hit 7.5% in January. 2022-02-11T21:21:00"
The Dow Jones Index falling 0.98%,Stock Market,"The Dow Jones Index falling 0.98%United States Stock MarketUnited States Stock Market is dropping 345 points. Leading the losses are Salesforce.com (-4.84%), Boeing (-3.06%) and Nike (-2.95%). Top gainers were Chevron (1.65%), Walgreens Boots Alliance (1.04%) and Merck & Co (0.72%).2022-02-11T20:30:04.5"
US Stocks Fall for 2nd Session,Stock Market,"US Stocks Fall for 2nd SessionUnited States Stock MarketThree main US stock market indexes turned sharply lower in the afternoon trade as investors continued to digest the latest batch of earnings and economic data and tried to weigh the Fed response to persistent inflation. The Dow was down more than 400 points, the S&P 500 declined more than 1.5% and the Nasdaq more than 2.5%. St. Louis Fed President Bullard called for two 50 bps hikes by the start of July after the data showed inflation hit 7.5% in January. On the corporate front, Zillow jumped almost 12% after the real estate website operator posted a surprise profit of $1.07 per share while Expedia rose 4% after the company beat earnings expectations and said that bookings were improving. Meanwhile, preliminary data showed the US's University of Michigan consumer sentiment fell sharply for a second straight month to 61.7 in February of 2022, the lowest since October of 2011 and well below market forecasts of 67.5.2022-02-11T16:50:00"
Treasury Yield Rally Pauses,Government Bond 10Y,"Treasury Yield Rally PausesUnited States Government Bond 10YThe rally on US Treasury yields paused on Friday but the benchmark 10-year yield remained around 2%, the highest since mid-2019, as investors continue to bet on faster Fed interest-rate hikes amid hot inflation and strong job growth. Money markets now see bigger chances of a 50bps rate hike in the fed funds rate next month but policymakers do not seem to agree on such a big move. St. Louis Fed President James Bullard told Bloomberg on Thursday he has become ""dramatically"" more hawkish but comments from other officials including Mary Daly and Thomas Barkin suggest the Fed will not start the hiking cycle with such an aggressive increase. 
2022-02-11T09:57:54.487"
Dollar Climbs Higher on Rate Hike Bets,Currency,"Dollar Climbs Higher on Rate Hike BetsUnited States CurrencyThe dollar index climbed higher toward the 96 mark on Friday after hotter-than-expected US inflation and hawkish comments from a Federal Reserve official fueled bets for a more aggressive tightening. US inflation hit 7.5% in January, accelerating at its fastest pace since February 1982 and posting higher than forecasts. Treasury yields spiked in reaction to the data, with the benchmark 10-year yield breaking above 2% for the first time since 2019. The hot inflation reading also prompted St. Louis Fed president James Bullard to call for accelerating rate hikes with a full percentage point increase by the start of July. Meanwhile, similar inflationary pressures and rate hike expectations worldwide kept a lid on gains in the dollar.2022-02-11T05:31:14.687"
Republic Services earnings above expectations at 1.02 USD,Earnings,"Republic Services earnings above expectations at 1.02 USDUnited States EarningsRepublic Services (RSG) released earnings per share at 1.02 USD, compared to market expectations of 1.01 USD.2022-02-10T22:31:01.843"
Philip Morris International earnings above expectations at 1.41 USD,Earnings,"Philip Morris International earnings above expectations at 1.41 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.41 USD, compared to market expectations of 1.33 USD.2022-02-10T22:30:40.05"
Illumina earnings above expectations at 0.75 USD,Earnings,"Illumina earnings above expectations at 0.75 USDUnited States EarningsIllumina (ILMN) released earnings per share at 0.75 USD, compared to market expectations of 0.46 USD.2022-02-10T22:28:12.927"
Dexcom earnings below expectations at 0.68 USD,Earnings,"Dexcom earnings below expectations at 0.68 USDUnited States EarningsDexcom (DXCM) released earnings per share at 0.68 USD, compared to market expectations of 0.88 USD.2022-02-10T22:27:08.847"
US 10Y Bond Yield Hits 30-month High,Government Bond 10Y,US 10Y Bond Yield Hits 30-month HighUnited States Government Bond 10YUS 10 Year Government Bond Yield increased to a 30-month high of 2.0433%2022-02-10T17:51:06.677
Dollar Fails to Hold Gains,Currency,"Dollar Fails to Hold Gains United States CurrencyThe dollar index weakened to weekly lows at 95.20 on Thursday afternoon, making a dramatic reversal after higher-than-expected US inflation figures propelled the greenback as high as 96.00 earlier this session. The hot CPI reading deepened fears that the Federal Reserve may consider a 50 bps hike in March, bringing the yield on the benchmark 10-year Treasury note to above 2% for the first time since August 2019. However, much of the initial fears of an aggressive tightening faded, with market participants expecting other central banks to join the Federal Reserve in fighting inflation that's on the rise globally. 2022-02-10T17:23:00.363"
Dollar Ticks Higher after Hot Inflation,Currency,"Dollar Ticks Higher after Hot InflationUnited States CurrencyThe dollar index edged higher to 95.9 on Thursday after the US CPI report showed a bigger-than-expected inflation reading for January, raising the odds the Fed will need to adopt a more aggressive monetary policy stance. Last week, a better-than-expected payrolls number also reinforced such bets. Money markets now see a 50% chance of a 50 bps rate hike in March, compared to 30% before the CPI release.2022-02-10T13:46:00"
US Core CPI Rises More than Expected,Core Inflation Rate MoM,"US Core CPI Rises More than ExpectedUnited States Core Inflation Rate MoMThe CPI for all items less food and energy in the US rose 0.6 percent month-over-month in January of 2022, the same as in December and above market expectations of a 0.5 percent raise. Along with shelter, household furnishing and operations, used cars and trucks, the indexes for medical care and recreation increased in January. The indexes for lodging away from home and wireless telephone services were among the few to decline over the month. Core consumer prices climbed 6.0 percent yearly, the most since August 1982 and above the market consensus of a 5.9 percent increase.2022-02-10T13:32:00"
Global Payments earnings above expectations at 2.13 USD,Earnings,"Global Payments earnings above expectations at 2.13 USDUnited States EarningsGlobal Payments (GPN) released earnings per share at 2.13 USD, compared to market expectations of 2.12 USD.2022-02-10T12:20:46.877"
Moody's earnings below expectations at 2.33 USD,Earnings,"Moody's earnings below expectations at 2.33 USDUnited States EarningsMoody's (MCO) released earnings per share at 2.33 USD, compared to market expectations of 2.38 USD.2022-02-10T12:19:18.04"
Duke Energy earnings below expectations at 0.94 USD,Earnings,"Duke Energy earnings below expectations at 0.94 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 0.94 USD, compared to market expectations of 0.97 USD.2022-02-10T12:18:52.847"
Philip Morris International earnings above expectations at 1.35 USD,Earnings,"Philip Morris International earnings above expectations at 1.35 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.35 USD, compared to market expectations of 1.32 USD.2022-02-10T12:17:27.49"
Coca-Cola earnings above expectations at 0.45 USD,Earnings,"Coca-Cola earnings above expectations at 0.45 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.45 USD, compared to market expectations of 0.41 USD.2022-02-10T12:16:12.497"
PepsiCo earnings above expectations at 1.53 USD,Earnings,"PepsiCo earnings above expectations at 1.53 USDUnited States EarningsPepsiCo (PEP) released earnings per share at 1.53 USD, compared to market expectations of 1.52 USD.2022-02-10T11:06:47.17"
Dollar Stabilizes as Inflation Data Looms,Currency,"Dollar Stabilizes as Inflation Data LoomsUnited States CurrencyThe dollar index traded in a narrow range around 95.5 on Thursday, stabilizing from a recent downturn as surprisingly strong jobs data provided support, while traders await US inflation data for fresh clues on the timing and magnitude of Federal Reserve tightening. Data released on Friday showed nonfarm payrolls jumped by 467,000 jobs in January, beating expectations and indicating a limited impact from the omicron variant on the US labor market. Investors now turn their focus on the latest US consumer price index which is expected to have risen in January by 7.3% from a year ago, the largest such increase since 1982, bolstering the case for a more aggressive Fed stance. Meanwhile,  Cleveland Fed president Loretta Mester allayed speculations for a bigger 50 bps rate hike in March, saying Wednesday she did not see a compelling case for such a move and added that future rate increases after March would depend on how persistent inflation will be.2022-02-10T05:44:26.077"
O'Reilly Automotive earnings above expectations at 7.64 USD,Earnings,"O'Reilly Automotive earnings above expectations at 7.64 USDUnited States EarningsO'Reilly Automotive (ORLY) released earnings per share at 7.64 USD, compared to market expectations of 6.04 USD.2022-02-09T21:59:30.143"
Motorola Solutions Msi earnings above expectations at 2.85 USD,Earnings,"Motorola Solutions Msi earnings above expectations at 2.85 USDUnited States EarningsMotorola Solutions Msi (MSI) released earnings per share at 2.85 USD, compared to market expectations of 2.74 USD.2022-02-09T21:28:23.987"
Uber earnings above expectations at 0.44 USD,Earnings,"Uber earnings above expectations at 0.44 USDUnited States EarningsUber (UBER) released earnings per share at 0.44 USD, compared to market expectations of -0.30 USD.2022-02-09T21:28:17.133"
Walt Disney earnings above expectations at 1.06 USD,Earnings,"Walt Disney earnings above expectations at 1.06 USDUnited States EarningsWalt Disney (DIS) released earnings per share at 1.06 USD, compared to market expectations of 0.74 USD.2022-02-09T21:07:49.067"
US Stocks Gain For a 2nd Session,Stock Market,"US Stocks Gain For a 2nd SessionUnited States Stock MarketThree major US stock indexes gained further ground Wednesday as investors digested another batch of corporate earnings results and eyed inflation data on Thursday for clues on the timing and magnitude of the Federal Reserve's tightening. The Dow Jones closed 306 points up, the S&P 500 gained 1.5% and the Nasdaq Composite jumped 2%. Tech stocks were leading the gains with Meta and Shopify rising more than 4% and Alphabet up 1.6% as a decline in bond yields eased the pressure. On the earnings front, Chipotle was up 9% on strong quarterly numbers, while Lyft gained 3% despite announcing it had fewer active riders than in the prior quarter.


2022-02-09T20:56:00"
The Dow Jones Index rising 0.78%,Stock Market,"The Dow Jones Index rising 0.78%United States Stock MarketUnited States Stock Market is gaining 277 points. Leading the gains are Walt Disney (3.11%), Intel (2.16%) and Walgreens Boots Alliance (1.98%). Top losers are Coca-Cola (-1.47%), Amgen (-1.04%) and Walmart (-0.25%).2022-02-09T20:30:04.637"
US Crude Inventories Unexpectedly Fall for 2nd Week: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Fall for 2nd Week: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 4.756 million barrels in the week ended February 4th, following a 1.046 million drop in the previous period and compared with market forecasts of a 0.369-million-barrel rise, data from the EIA Petroleum Status Report showed. Crude stocks at the Cushing, Oklahoma, delivery hub declined by 2.801 million and gasoline inventories decreased by 1.644 million barrels to 248.4 million barrels, the first fall in six weeks and against market expectations of a 1.623-million-barrel increase. Meanwhile, distillate stockpiles which include diesel and heating oil went down by 0.929 million barrels, less than forecasts of a 1.739-million-barrel drop. 2022-02-09T15:42:00"
US Wholesale Inventories Rise For 17th Month,Wholesale Inventories,"US Wholesale Inventories Rise For 17th MonthUnited States Wholesale InventoriesWholesale inventories in the US advanced 2.2 percent month-over-month to $789.4 billion in December of 2021, up from a 1.7 percent increase in the prior month and above a preliminary estimate of 2.1 percent. It was the 17th consecutive month of gains, amid increases in inventories of both durable goods (2.6 percent vs 2.6 percent in November) and nondurable ones (1.6 percent vs 0.4 percent). On a yearly basis, wholesale inventories advanced 18.5 percent in December.2022-02-09T15:01:00"
Wall Street Rallies for a Second Day,Stock Market,"Wall Street Rallies for a Second DayUnited States Stock MarketAll three major US stock indexes gained further ground Wednesday as investors digested another batch of corporate earnings results and eyed inflation data on Thursday for clues on the Federal Reserve's plans to hike interest rates. Gains were most pronounced in those growth-oriented stocks, with Meta, Tesla and Microsoft up about 2% each, while Chipmaker AMD added more than 1% after an upgrade from Daiwa Capital Markets. On the data front, mortgage applications in the US sank 8.1% in the week ended February 4th, the biggest decline in almost a year as buyers started to pull back faced with rising mortgage rates. 2022-02-09T14:38:00"
Yum Brands earnings below expectations at 1.02 USD,Earnings,"Yum Brands earnings below expectations at 1.02 USDUnited States EarningsYum Brands (YUM) released earnings per share at 1.02 USD, compared to market expectations of 1.10 USD.2022-02-09T12:17:36.413"
CME earnings above expectations at 1.66 USD,Earnings,"CME earnings above expectations at 1.66 USDUnited States EarningsCME (CME) released earnings per share at 1.66 USD, compared to market expectations of 1.64 USD.2022-02-09T12:16:49.24"
CVS Health earnings above expectations at 1.98 USD,Earnings,"CVS Health earnings above expectations at 1.98 USDUnited States EarningsCVS Health (CVS) released earnings per share at 1.98 USD, compared to market expectations of 1.82 USD.2022-02-09T11:38:02.837"
Bond Sell-off Shows No Sign of Abating,Government Bond 10Y,"Bond Sell-off Shows No Sign of AbatingUnited States Government Bond 10YThe US government debt market started 2022 on the back foot, as investors began pricing in the possibility of runaway inflation and, in turn, the prospects of faster tightening. The US yield on the 10-year note, which sets the tone for corporate and household borrowing costs worldwide, jumped above 1.96%, the highest in two years, in the aftermath of January's robust jobs, with markets now betting on more than five quarter-point Federal Reserve interest-rate hikes in 2022. Still, the focus will be on the US inflation report on Thursday, which could provide clues further about the timing of future rate hikes. 	2022-02-09T07:52:00"
Dollar Stabilizes as Inflation Data Looms,Currency,"Dollar Stabilizes as Inflation Data LoomsUnited States CurrencyThe dollar index stabilized around the 95.5 level on Wednesday after the previous week’s sharp downturn, as surprisingly strong jobs data provided support, while traders await US inflation figures for release on Thursday to guide policy outlook. Data released on Friday showed nonfarm payrolls jumped by 467,000 jobs in January, beating expectations and indicating a limited impact from the omicron variant on the US labor market. Investors now turn their focus on the latest US consumer price index which is expected to have risen in January by 7.3% on an annual basis, the largest such increase since 1982, bolstering speculations for a bigger 50 basis point Federal Reserve rate hike in March.2022-02-09T05:04:24.6"
Chipotle Mexican Grill earnings above expectations at 5.58 USD,Earnings,"Chipotle Mexican Grill earnings above expectations at 5.58 USDUnited States EarningsChipotle Mexican Grill (CMG) released earnings per share at 5.58 USD, compared to market expectations of 5.27 USD.2022-02-08T21:26:57.767"
The Dow Jones Index is up by 0.95%,Stock Market,"The Dow Jones Index is up by 0.95%United States Stock MarketUnited States Stock Market is picking up 335 points. Gains are led by Amgen (7.85%), American Express (3.10%) and UnitedHealth (2.02%). Biggest losers are Chevron (-1.89%), Nike (-1.43%) and Merck & Co (-1.03%).2022-02-08T20:30:10.243"
US 10 Year Bond Yield Approches 2%,Government Bond 10Y,"US 10 Year Bond Yield Approches 2%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note increased to above 1.96% on Wednesday, the highest since August 2019, as investors await US inflation data on Thursday. A hot inflation number could strengthen the case for a more aggressive Fed stance. Markets are now betting on more than five quarter-point Federal Reserve interest-rate hikes in 2022, after a stronger-than-expected job gain last month.2022-02-08T15:12:02.037"
Thomson Reuters earnings below expectations at 0.55 CAD,Earnings,"Thomson Reuters earnings below expectations at 0.55 CADUnited States EarningsThomson Reuters (TRI) released earnings per share at 0.55 CAD, compared to market expectations of 0.57 CAD.2022-02-08T14:11:57.817"
US Imports Rise 1.6% in December,Imports,"US Imports Rise 1.6% in DecemberUnited States ImportsImports to the United States increased 1.6 percent, or USD 4.8 billion, from the previous month to a new record high of USD 308.9 billion in December of 2021. Purchases of goods were up USD 5.2 billion due to imports of cell phones and other household goods (USD 2.4 billion); toys, games, and sporting goods (USD 1 billion) and household appliances (USD 0.6 billion). Also, imports grew for automotive vehicles, parts, and engines (USD 2.4 billion) and capital goods (USD 2.3 billion). On the other hand, imports of industrial supplies and materials decreased USD 3.2 billion; and imports of services decreased USD 0.4 billion. For 2021, imports increased USD 576.5 billion or 20.5 percent as Americans purchased more foreign products and strong demand pushed up the prices.2022-02-08T13:46:00"
US Exports Hits Again Record High,Exports,"US Exports Hits Again Record HighUnited States ExportsExports from the United States increased by 1.5 percent or USD 3.4 billion, from the previous month to USD 228.1 billion in December of 2021, the highest since the series began in 1950. Exports of goods increased by USD 2.0 billion to USD 158.3 billion, mainly driven by consumer goods, such as pharmaceutical preparations (USD 1.0 billion); civilian aircraft engines (USD 0.6 billion), passenger cars (USD 0.8 billion) and nonmonetary gold (USD 1.2 billion). Also, exports of services increased by USD 1.4 billion to USD 69.9 billion, particularly transport (USD 0.6 billion) and travel (USD 0.5 billion).  On the other hand, exports sales of natural gas liquids decreased USD 0.6 billion and those of soybeans went down USD 0.5 billion. For 2021, exports increased by USD 394.1 billion or 18.5 percent.2022-02-08T13:43:00"
US Trade Gap Hits Record in 2021,Balance of Trade,"US Trade Gap Hits Record in 2021United States Balance of TradeThe US trade gap in both goods and services rose 27% to hit $859 billion in 2021, an annual record as imports grew faster than exports. The imports surged 20.5% or $576.5 billion last year, as Americans purchased more foreign products and strong demand pushed up the prices. Meanwhile, exports were up 18.5 percent or $394.1 billion. In December alone, the deficit increased to $80.7 billion from a downwardly revised $79.3 billion gap in November and close to a record high of $80.8 billion in September, as imports surged to an all-time high as businesses were restocking the shelves. Also, exports hit the highest on record driven by shipments of consumer goods, such as pharmaceutical preparations, civilian aircraft engines, passenger cars and nonmonetary gold. 
2022-02-08T13:32:00"
Sysco earnings below expectations at 0.57 USD,Earnings,"Sysco earnings below expectations at 0.57 USDUnited States EarningsSysco (SYY) released earnings per share at 0.57 USD, compared to market expectations of 0.70 USD.2022-02-08T13:09:31.073"
S&P Global Inc earnings above expectations at 3.15 USD,Earnings,"S&P Global Inc earnings above expectations at 3.15 USDUnited States EarningsS&P Global Inc (SPGI) released earnings per share at 3.15 USD, compared to market expectations of 3.13 USD.2022-02-08T12:38:36.293"
KKR & Co LP earnings above expectations at 1.59 USD,Earnings,"KKR & Co LP earnings above expectations at 1.59 USDUnited States EarningsKKR & Co LP (KKR) released earnings per share at 1.59 USD, compared to market expectations of 1.21 USD.2022-02-08T12:12:45"
Fiserv earnings above expectations at 1.57 USD,Earnings,"Fiserv earnings above expectations at 1.57 USDUnited States EarningsFiserv (FISV) released earnings per share at 1.57 USD, compared to market expectations of 1.56 USD.2022-02-08T12:12:30.977"
Pfizer earnings above expectations at 1.08 USD,Earnings,"Pfizer earnings above expectations at 1.08 USDUnited States EarningsPfizer (PFE) released earnings per share at 1.08 USD, compared to market expectations of 0.87 USD.2022-02-08T12:12:12.113"
DuPont earnings above expectations at 1.08 USD,Earnings,"DuPont earnings above expectations at 1.08 USDUnited States EarningsDuPont (DD) released earnings per share at 1.08 USD, compared to market expectations of 0.99 USD.2022-02-08T11:37:12.373"
Carrier Global Corp earnings above expectations at 0.44 USD,Earnings,"Carrier Global Corp earnings above expectations at 0.44 USDUnited States EarningsCarrier Global Corp (CARR) released earnings per share at 0.44 USD, compared to market expectations of 0.39 USD.2022-02-08T11:37:05.467"
Thomson Reuters USA earnings below expectations at 0.43 USD,Earnings,"Thomson Reuters USA earnings below expectations at 0.43 USDUnited States EarningsThomson Reuters USA (TRI) released earnings per share at 0.43 USD, compared to market expectations of 0.45 USD.2022-02-08T11:36:50.17"
Centene earnings above expectations at 1.01 USD,Earnings,"Centene earnings above expectations at 1.01 USDUnited States EarningsCentene (CNC) released earnings per share at 1.01 USD, compared to market expectations of 0.97 USD.2022-02-08T11:05:38.693"
Dollar Stabilizes as Inflation Data Looms,Currency,"Dollar Stabilizes as Inflation Data LoomsUnited States CurrencyThe dollar index stabilized above the 95.5 mark on Tuesday after the previous week’s sharp downturn, as surprisingly strong jobs data provided support, while traders await US inflation figures for release on Thursday to guide policy outlook. Data released on Friday showed nonfarm payrolls jumped by 467,000 jobs in January, beating expectations and indicating a limited impact from the omicron variant on the US labor market. Investors now turn their focus on the latest US consumer price index which is expected to have risen in January by 7.3% from a year earlier, the largest such increase since 1982, bolstering speculations for a bigger 50 basis point Federal Reserve rate hike in March.2022-02-08T05:25:00"
Simon Property Group earnings above expectations at 1.53 USD,Earnings,"Simon Property Group earnings above expectations at 1.53 USDUnited States EarningsSimon Property Group (SPG) released earnings per share at 1.53 USD, compared to market expectations of 1.48 USD.2022-02-07T21:26:58.16"
Amgen earnings above expectations at 4.36 USD,Earnings,"Amgen earnings above expectations at 4.36 USDUnited States EarningsAmgen (AMGN) released earnings per share at 4.36 USD, compared to market expectations of 4.07 USD.2022-02-07T21:26:51.773"
US 10Y Bond Yield Hits 25-month High,Government Bond 10Y,US 10Y Bond Yield Hits 25-month HighUnited States Government Bond 10YUS 10 Year Government Bond Yield increased to a 25-month high of 1.9376%2022-02-07T15:48:50.187
US Logistics Managers Index Rebounds to Start 2022,Lmi Logistics Managers Index Current,"US Logistics Managers Index Rebounds to Start 2022United States Lmi Logistics Managers Index CurrentThe Logistics Manager’s Index in the US increased to 71.9 in January of 2022 from an eleven-month low of 70.1 in December, amid unseasonably high rates of inventory accumulation although capacity remains constrained, and prices continue to grow quickly.  Inventory grew the most since early 2018 as firms that had stocked up anticipating a continuation of the hot consumer economy may now be facing the opposite problem, with more inventory than needed to meet demand. Meanwhile, warehousing capacity read in at 47.1 marks 17 consecutive months of contraction and firms will continue to require more warehouse space, particularly in urban areas as soon as it becomes available. The lack of capacity continues to drive warehousing utilization (71) and warehousing prices (85.9) upwards. Looking forward, respondents do not predict much relied over the next 12 months. 2022-02-07T12:29:25.897"
"US Treasury Yields at 2-Year High, Inflation Eyed",Government Bond 10Y,"US Treasury Yields at 2-Year High, Inflation Eyed United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged up to 1.95%, the highest in 2 years, as investors await US inflation data on Thursday and continue to expect the Fed will need to raise rates faster to tackle soaring consumer prices. Money markets are now betting on more than five quarter-point Federal Reserve interest-rate hikes in 2022, after a stronger-than-expected job gain last month. A hot inflation number could strengthen the case further for a more aggressive Fed stance. 2022-02-07T11:17:00"
Dollar Stabilizes as Inflation Data Looms,Currency,"Dollar Stabilizes as Inflation Data LoomsUnited States CurrencyThe dollar index stabilized above the 95.5 mark on Monday after posting its worst week since March 2020, as surprisingly strong jobs data provided support, while traders await US inflation data for release on Thursday to guide policy outlook. The US labor report showed the US economy added 467K jobs in January, much higher than market expectations for 150K additional jobs, pointing to a weaker impact of the omicron variant on US employment. Investors now turn their focus on the latest US consumer price index which is expected to have risen in January by 7.3% from a year earlier, the largest such increase since 1982, bolstering speculations for a bigger 50 bps Federal Reserve rate hike in March.2022-02-07T06:22:00"
The Dow Jones Index rising 0.55%,Stock Market,"The Dow Jones Index rising 0.55%United States Stock MarketUnited States Stock Market is gaining 192 points. Leading the gains are Salesforce.com (3.57%), GS (3.13%) and JPMorgan (3.07%). Top losers are 3M (-1.75%), Walgreens Boots Alliance (-1.47%) and P&G (-0.97%).2022-02-04T20:30:16.48"
Dollar Finds Footing as Taper Looms,Currency,"Dollar Finds Footing as Taper Looms United States CurrencyThe dollar index regained some ground above the 95 mark on Friday, recovering from a sell-off that took it to its lowest level in nearly a month as investors reassessed the outlook for tightening monetary policy. The market moves came after the US labour report showed the US economy added 467K jobs in January of 2022, much above markets expectations of 150K, pointing to the much weaker impact of the Omicron variant on US employment. Such a reading raised the odds of interest rate rises to cool a rapidly growing economy and tame inflation. 2022-02-04T13:57:00"
US Jobless Rate Ticks Up to 4%,Unemployment Rate,"US Jobless Rate Ticks Up to 4%United States Unemployment RateThe US unemployment rate edged up to 4.0 percent in January of 2022, little changed from December's new pandemic low but slightly above market expectations of 3.9 percent. Over the year, the unemployment rate is down by 2.4 percentage points, and the number of unemployed persons declined by 3.7 million.2022-02-04T13:37:00"
Wall Street Drops After Jobs Report,Stock Market,"Wall Street Drops After Jobs Report United States Stock MarketUS stocks futures declined on Friday after yields jumped as better-than-expected jobs reports reassured investors that the Fed would continue with its tightening plans as soon as March, with bets increasing for a 50 bps rate hike. The US economy unexpectedly added 467K payrolls in January of 2022, following an upwardly revised 510K gain in December, and much better than market forecasts of 150K. The Dow Jones accelerated the losses to around 200 points, and both the S&P500 and the Nasdaq turned negative despite a few technology shares surging in premarket trade following strong quarterly results. Amazon was up 12.4%, Pinterest gained 13% and Snap rocketed up around 46%.2022-02-04T13:36:00"
Bristol-Myers Squibb earnings above expectations at 1.83 USD,Earnings,"Bristol-Myers Squibb earnings above expectations at 1.83 USDUnited States EarningsBristol-Myers Squibb (BMY) released earnings per share at 1.83 USD, compared to market expectations of 1.80 USD.2022-02-04T12:12:21.96"
Regeneron Pharmaceuticals earnings above expectations at 23.72 USD,Earnings,"Regeneron Pharmaceuticals earnings above expectations at 23.72 USDUnited States EarningsRegeneron Pharmaceuticals (REGN) released earnings per share at 23.72 USD, compared to market expectations of 20.06 USD.2022-02-04T11:37:27.393"
Air Products & Chemicals earnings meet market expectations at 2.52 USD,Earnings,"Air Products & Chemicals earnings meet market expectations at 2.52 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.52 USD, in line with market expectations.2022-02-04T11:11:41.45"
Snap earnings above expectations at 0.22 USD,Earnings,"Snap earnings above expectations at 0.22 USDUnited States EarningsSnap (SNAP) released earnings per share at 0.22 USD, compared to market expectations of 0.09 USD.2022-02-03T21:24:33.803"
Microchip Technology earnings above expectations at 1.2 USD,Earnings,"Microchip Technology earnings above expectations at 1.2 USDUnited States EarningsMicrochip Technology (MCHP) released earnings per share at 1.2 USD, compared to market expectations of 1.17 USD.2022-02-03T21:23:52.807"
Prudential Financial earnings above expectations at 3.18 USD,Earnings,"Prudential Financial earnings above expectations at 3.18 USDUnited States EarningsPrudential Financial (PRU) released earnings per share at 3.18 USD, compared to market expectations of 2.36 USD.2022-02-03T21:23:39.46"
Fortinet earnings above expectations at 1.23 USD,Earnings,"Fortinet earnings above expectations at 1.23 USDUnited States EarningsFortinet (FTNT) released earnings per share at 1.23 USD, compared to market expectations of 1.15 USD.2022-02-03T21:22:26.07"
Activision Blizzard earnings below expectations at 1.25 USD,Earnings,"Activision Blizzard earnings below expectations at 1.25 USDUnited States EarningsActivision Blizzard (ATVI) released earnings per share at 1.25 USD, compared to market expectations of 1.31 USD.2022-02-03T21:21:51.58"
Ford Motor earnings below expectations at 0.26 USD,Earnings,"Ford Motor earnings below expectations at 0.26 USDUnited States EarningsFord Motor (F) released earnings per share at 0.26 USD, compared to market expectations of 0.44 USD.2022-02-03T21:14:05.407"
Amazon earnings above expectations at 27.75 USD,Earnings,"Amazon earnings above expectations at 27.75 USDUnited States EarningsAmazon (AMZN) released earnings per share at 27.75 USD, compared to market expectations of 3.63 USD.2022-02-03T21:07:21.417"
"Wall Street Tumbles, Meta Shares Plunge 26%",Stock Market,"Wall Street Tumbles, Meta Shares Plunge 26%United States Stock MarketUS Stocks sank on Thursday, snapping a 4-day rally as tech and social media stocks weighed on investors’ mood. The Nasdaq Composite dropped 3.7%, dragged down by a 26.4% plunge in shares of Meta Platforms after earnings and outlook from the Facebook parent company disappointed. Also, other social media shares tracked Meta shares lower with Snap dipping 22% and Twitter dropping 6%. Meanwhile, mixed quarterly results from other companies including Honeywell, Biogen, T-Mobile, and Spotify also weighed on the indexes' performance. The S&P 500 slid 2.5% and the Dow Jones lost more than 500 points. Amazon and Ford are due to report quarterly results after markets close.2022-02-03T20:27:00"
"Dollar Weakens Further After ECB, BoE Meetings",Currency,"Dollar Weakens Further After ECB, BoE MeetingsUnited States CurrencyThe dollar index weakened further to around 95.4 on Thursday, extending losses for 4th consecutive session after a more hawkish policy stance from both BoE and ECB.  The BoE hiked its borrowing costs by 25 bps, as expected, although almost half of its policymakers voted to a bigger increase of 50 bps to tame inflation. Meanwhile, the ECB maintained key interest rates at record low levels in February 2022 and pledged to reduce steady its bond purchases this year, despite a record rise in inflation. Still, during the press conference, Lagarde declined to rule out an interest rate rise this year saying the bank would assess conditions very carefully. Domestically, investors await the highly-anticipated US nonfarm payroll report due tomorrow, while new job claims data fell more than expected as COVID-19 infections subsided, suggesting an anticipated slowdown in job growth in January was likely temporary.2022-02-03T16:00:00.703"
US Factory Orders Fall More than Expected,Factory Orders,"US Factory Orders Fall More than ExpectedUnited States Factory OrdersNew orders for US manufactured goods dropped by 0.4 percent from a month earlier in December of 2021, the first monthly decrease since April 2021 and the steepest since April of 2020, above market expectations of a 0.2 percent decline. Demand for transport equipment was down by 3.7 percent (vs 8.2 percent in November), pressured by civilian aircraft (-14.4 percent vs 42 percent), defense aircraft (-11.2 percent vs 7.6 percent), and motor vehicle bodies, parts, and trailers (-1.1 percent vs 0.2 percent). Orders also fell for computers and electronic products (-2.7 percent vs 4.2 percent), led by nondefense communications equipment (-6.6 percent vs 11.4 percent) and electronic components (-1.7 percent vs 1.8 percent). Excluding transportation, factory orders edged up 0.1 percent, easing from a 0.8 percent increase in November. 
2022-02-03T15:12:00"
US Composite PMI Falls Less than Anticipated,Composite PMI,"US Composite PMI Falls Less than AnticipatedUnited States Composite PMIThe IHS Markit US Composite PMI was revised slightly higher to 51.1 in January of 2022 from a preliminary of 50.8, but continued to point to the smallest increase in private sector activity since July of 2020, as both manufacturers (55.5 vs 57.7) and service providers (51.2 vs 57.6) registered a considerable slowdown. The expansion in new business also softened to the slowest since December 2020 as the Omicron wave weighed on demand conditions. A decline in manufacturing export orders dampened private sector growth in new business from abroad. Cost pressures eased, as the pace of input price inflation softened to the slowest since March 2021. The rate of output charge inflation, however, was broadly unchanged from December, and marked overall. Despite reports of challenges retaining and finding staff, private sector firms continued to add to their workforce numbers during January. Subsequently, the rate of growth in backlogs of work eased to the slowest since June 2021.2022-02-03T14:58:56.96"
US Markit Services PMI Remains Lowest since 2020,Services PMI,"US Markit Services PMI Remains Lowest since 2020United States Services PMIThe IHS Markit US Services PMI was revised slightly higher to 51.2 in January of 2022 from a preliminary of 50.9, but still pointed to the slowest growth in the services sector since July of 2020. The spread of the omicron variant hampered the upturn in new business and domestic and foreign demand conditions weakened. Firms were able to expand their workforce numbers further, however, which helped to soften the degree of pressure on business capacity. As a result, backlogs of work rose at the slowest pace since August 2021. Although there were signs that cost pressures eased during January, companies were able to pass on higher costs to clients through the fastest rise in output charges for three months. Meanwhile, business confidence fell from December but still was the second-highest since June 2021, linked to hopes of a further uptick in client demand and a reduction in disruption caused by new COVID-19 variants.2022-02-03T14:51:00"
"US Stocks Sink, Meta Shares Plunge 25%",Stock Market,"US Stocks Sink, Meta Shares Plunge 25%United States Stock MarketThe Nasdaq sank more than 2% on Thursday, dragged down by a 25% plunge in shares of Meta Platforms, after earnings and outlook from the Facebook parent company disappointed. Mixed quarterly results from other companies including Honeywell, Biogen, T-Mobile and Spotify also weighed on investors' mood. The S&P 500 was down more than 1% and the Dow Jones lost around 300 points. The 3 benchmark stock indexes ended a 4-day winning streak as the earnings season has seen some surprises on the downside. Amazon and Ford are also due to report quarterly results today after markets close.2022-02-03T14:34:00"
US Q4 Labour Costs Rise Much Less than Expected,Labour Costs,"US Q4 Labour Costs Rise Much Less than ExpectedUnited States Labour CostsUnit labor costs in the US nonfarm business sector edged up 0.3 percent in the fourth quarter of 2021, below market forecasts of a 1.5 percent rise and following a downwardly revised 9.3 percent gain in the previous period. It reflects a 6.9 percent jump in hourly compensation and a 6.6 percent rise in productivity. Unit labor costs increased 3.1 percent over the last four quarters, as hourly compensation increased 5.1 percent and productivity increased a 2.0 percent.2022-02-03T13:36:00"
US Labour Productivity Growth Tops Estimates,Productivity,"US Labour Productivity Growth Tops EstimatesUnited States ProductivityNonfarm labor productivity in the US rose an annualized 6.6 percent in the fourth quarter of 2021, well above market expectations of a 3.2 percent increase and after a downwardly revised 5 percent decline in the previous period, preliminary estimates showed. It was the largest increase in productivity since the second quarter of 2020, as output surged by 9.2 percent (vs 2 percent in Q3) and hours worked went up by 2.4 percent (vs 7.3 percent). Year-on-year, nonfarm business sector labor productivity advanced 2 percent. Productivity increased 1.9 percent in 2021, compared with the 2.4% rate in 2020.2022-02-03T13:33:00"
Nasdaq Futures Sink Dragged Down by Meta Shares,Stock Market,"Nasdaq Futures Sink Dragged Down by Meta SharesUnited States Stock MarketNasdaq futures sank almost 3% in premarket trading on Thursday, dragged down by a 22% plunge in shares of Meta Platforms, after earnings and outlook from the Facebook parent company disappointed. Mixed quarterly results from other companies including Honeywell, Biogen, T-Mobile and Spotify also weighed on investors' mood. Contracts on the S&P 500 futures were down more than 1% while the Dow Jones lost almost 200 points. The 3 benchmark stock indexes are on track to end a 4-day winning streak as the earnings season has seen some surprises on the downside. Amazon and Ford are also due to report quarterly results today after markets close. 2022-02-03T13:28:00"
Illinois Tool Works earnings above expectations at 1.93 USD,Earnings,"Illinois Tool Works earnings above expectations at 1.93 USDUnited States EarningsIllinois Tool Works (ITW) released earnings per share at 1.93 USD, compared to market expectations of 1.89 USD.2022-02-03T13:14:30.193"
Parker-Hannifin earnings above expectations at 4.46 USD,Earnings,"Parker-Hannifin earnings above expectations at 4.46 USDUnited States EarningsParker-Hannifin (PH) released earnings per share at 4.46 USD, compared to market expectations of 3.92 USD.2022-02-03T12:39:57.773"
Intercontinental Exchange earnings above expectations at 1.34 USD,Earnings,"Intercontinental Exchange earnings above expectations at 1.34 USDUnited States EarningsIntercontinental Exchange (ICE) released earnings per share at 1.34 USD, compared to market expectations of 1.32 USD.2022-02-03T12:39:51.54"
US Job Cuts Marginally Higher in January,Challenger Job Cuts,"US Job Cuts Marginally Higher in JanuaryUnited States Challenger Job CutsJob cuts announced by US-based companies rose marginally by 0.1 percent from a month earlier but plunged 76 percent from a year earlier to 19,064 in January 2022, as companies struggled with staff reluctance to get vaccinated. Around 5,757 of layoffs were due to companies firing workers who refused to take the COVID-19 vaccines, bringing the total of job cuts due to vaccine refusal to 13,931 since June 2021. Companies in the health care sector announced the most job cuts (5,053), followed by the warehousing (3,051), services (1,786), entertainment & leisure (1,691), and consumer product manufacturing businesses (1,432). 2022-02-03T12:33:00"
Hershey earnings above expectations at 1.69 USD,Earnings,"Hershey earnings above expectations at 1.69 USDUnited States EarningsHershey (HSY) released earnings per share at 1.69 USD, compared to market expectations of 1.61 USD.2022-02-03T12:13:44.27"
ConocoPhillips earnings above expectations at 2.27 USD,Earnings,"ConocoPhillips earnings above expectations at 2.27 USDUnited States EarningsConocoPhillips (COP) released earnings per share at 2.27 USD, compared to market expectations of 2.18 USD.2022-02-03T12:13:14.317"
"Treasury Yields Edges Up After BoE, ECB Meetings",Government Bond 10Y,"Treasury Yields Edges Up After BoE, ECB MeetingsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury edged higher to above 1.8% on Thursday after a more hawkish policy stance from both BoE and ECB.  The BoE hiked its borrowing costs by 25 bps, as expected, although almost half of its policymakers voted to a bigger increase of 50 bps to tame inflation. Meanwhile, the ECB maintained key interest rates at record low levels in February 2022 and pledged to reduce steady its bond purchases this year, despite a record rise in inflation. Still, during the press conference, Lagarde declined to rule out an interest rate rise this year saying the bank would assess conditions very carefully. Domestically, investors await the highly-anticipated US nonfarm payroll report due tomorrow, while new job claims data fell more than expected as COVID-19 infections subsided, suggesting an anticipated slowdown in job growth in January was likely temporary. 2022-02-03T12:13:00"
"Becton, Dickinson and Co. earnings above expectations at 3.64 USD",Earnings,"Becton, Dickinson and Co. earnings above expectations at 3.64 USDUnited States EarningsBecton, Dickinson and Co. (BDX) released earnings per share at 3.64 USD, compared to market expectations of 2.85 USD.2022-02-03T11:39:00.25"
Cigna earnings above expectations at 4.77 USD,Earnings,"Cigna earnings above expectations at 4.77 USDUnited States EarningsCigna (CI) released earnings per share at 4.77 USD, compared to market expectations of 4.72 USD.2022-02-03T11:38:53.583"
Honeywell International earnings above expectations at 2.09 USD,Earnings,"Honeywell International earnings above expectations at 2.09 USDUnited States EarningsHoneywell International (HON) released earnings per share at 2.09 USD, compared to market expectations of 2.08 USD.2022-02-03T11:38:30.167"
Merck & Co earnings above expectations at 1.80 USD,Earnings,"Merck & Co earnings above expectations at 1.80 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 1.80 USD, compared to market expectations of 1.52 USD.2022-02-03T11:38:23.25"
Eli Lilly earnings above expectations at 2.49 USD,Earnings,"Eli Lilly earnings above expectations at 2.49 USDUnited States EarningsEli Lilly (LLY) released earnings per share at 2.49 USD, compared to market expectations of 2.45 USD.2022-02-03T11:38:17.287"
"Dollar Steadies Ahead of ECB, BoE Meetings",Currency,"Dollar Steadies Ahead of ECB, BoE MeetingsUnited States CurrencyThe dollar index stabilized around 96 on Thursday following a sharp 3-day decline, as investors awaited central bank meetings in Europe and Britain to gauge the direction of global monetary policy. The European Central Bank is set to keep policy unchanged but acknowledge surging inflation, while the Bank of England is expected to raise interest rates again and signal further unwinding of pandemic stimulus. Analysts suggested that hawkish outcomes might pressure the dollar, which has been declining after Federal Reserve officials pushed back against speculations of a 50 bps rate hike in March. The dollar also came under pressure from an unexpected drop in US employment in January due to the spread of the omicron variant. Meanwhile, investors await Friday’s nonfarm payrolls report.2022-02-03T06:04:37.337"
Qualcomm earnings above expectations at 3.23 USD,Earnings,"Qualcomm earnings above expectations at 3.23 USDUnited States EarningsQualcomm (QCOM) released earnings per share at 3.23 USD, compared to market expectations of 3.00 USD.2022-02-02T21:29:45.68"
MetLife earnings above expectations at 2.17 USD,Earnings,"MetLife earnings above expectations at 2.17 USDUnited States EarningsMetLife (MET) released earnings per share at 2.17 USD, compared to market expectations of 1.47 USD.2022-02-02T21:28:03.957"
T-Mobile Us earnings above expectations at 0.34 USD,Earnings,"T-Mobile Us earnings above expectations at 0.34 USDUnited States EarningsT-Mobile Us (TMUS) released earnings per share at 0.34 USD, compared to market expectations of 0.13 USD.2022-02-02T21:25:27.533"
McKesson earnings above expectations at 6.15 USD,Earnings,"McKesson earnings above expectations at 6.15 USDUnited States EarningsMcKesson (MCK) released earnings per share at 6.15 USD, compared to market expectations of 5.42 USD.2022-02-02T21:24:48.757"
Align Technology earnings above expectations at 2.83 USD,Earnings,"Align Technology earnings above expectations at 2.83 USDUnited States EarningsAlign Technology (ALGN) released earnings per share at 2.83 USD, compared to market expectations of 2.75 USD.2022-02-02T21:24:23.033"
Aflac earnings above expectations at 1.28 USD,Earnings,"Aflac earnings above expectations at 1.28 USDUnited States EarningsAflac (AFL) released earnings per share at 1.28 USD, compared to market expectations of 1.26 USD.2022-02-02T21:24:05.957"
Meta earnings below expectations at 3.67 USD,Earnings,"Meta earnings below expectations at 3.67 USDUnited States EarningsMeta (FB) released earnings per share at 3.67 USD, compared to market expectations of 3.85 USD.2022-02-02T21:23:30.353"
Cognizant Technology Solutions earnings above expectations at 1.10 USD,Earnings,"Cognizant Technology Solutions earnings above expectations at 1.10 USDUnited States EarningsCognizant Technology Solutions (CTSH) released earnings per share at 1.10 USD, compared to market expectations of 1.04 USD.2022-02-02T21:18:33.177"
The Dow Jones Index rising 0.60%,Stock Market,"The Dow Jones Index rising 0.60%United States Stock MarketUnited States Stock Market is gaining 213 points. Leading the gains are Travelers Companies (2.79%), UnitedHealth (2.74%) and P&G (1.77%). Top losers are Salesforce.com (-3.31%), Walt Disney (-1.16%) and JPMorgan (-0.77%).2022-02-02T20:30:07.717"
US Crude Stocks Unexpectedly Fall,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly FallUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.046 million barrels in the week ended January 28th, the first decline in three weeks, and compared to forecasts of a 1.525 million rise, data from the EIA Petroleum Status Report showed. Crude stocks at the Cushing, Oklahoma, delivery hub were down by 1.2 million barrels and distillate stockpiles which include diesel and heating oil, fell by 2.4 million barrels. Meanwhile, gasoline inventories increased by 2.119 million, above forecasts of 1.645 million.2022-02-02T15:37:00"
"Treasury Yields Steady, Payrolls Awaited",Government Bond 10Y,"Treasury Yields Steady, Payrolls AwaitedUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note hovered around 1.8% in the first week of February as investors remain cautious ahead of the payrolls report on Friday and wonder what the tightening path from the Fed will be. Fresh ADP data showed US private companies unexpectedly cut 301K jobs in January, a sign the impact of the omicron coronavirus variant may be bigger than initially anticipated. At the same time, St. Louis Fed president James Bullard, a noted hawk, said on Tuesday he would argue for rate rises in March, May and June, but did not favor a half-point move. The US central bank indicated last week that it would likely hike interest rates in March, but markets started to price in five quarter-point rate hikes this year and some investors even pointed to a half-point rate hike next month.2022-02-02T13:42:00"
Dollar Extends Losses after ADP,Currency,"Dollar Extends Losses after ADPUnited States CurrencyThe dollar index extended losses to 96 on Wednesday after the ADP report showed an unexpected loss in the job market in January due to the spread of the omicron coronavirus variant. New figures helped to ease some concerns of a very fast tightening by the Fed this year. Early in the session, the greenback was already falling as St. Louis Fed president James Bullard, a noted hawk, said on Tuesday he would argue for rate rises in March, May and June, but did not favor a half-point move. 2022-02-02T13:34:00"
AbbVie earnings above expectations at 3.31 USD,Earnings,"AbbVie earnings above expectations at 3.31 USDUnited States EarningsAbbVie (ABBV) released earnings per share at 3.31 USD, compared to market expectations of 3.29 USD.2022-02-02T13:09:35.553"
Waste Management earnings meet market expectations at 1.26 USD,Earnings,"Waste Management earnings meet market expectations at 1.26 USDUnited States EarningsWaste Management (WM) released earnings per share at 1.26 USD, in line with market expectations.2022-02-02T12:38:49.457"
Roper Industries earnings above expectations at 3.73 USD,Earnings,"Roper Industries earnings above expectations at 3.73 USDUnited States EarningsRoper Industries (ROP) released earnings per share at 3.73 USD, compared to market expectations of 3.67 USD.2022-02-02T12:10:04.5"
Johnson Controls earnings above expectations at 0.54 USD,Earnings,"Johnson Controls earnings above expectations at 0.54 USDUnited States EarningsJohnson Controls (JCI) released earnings per share at 0.54 USD, compared to market expectations of 0.53 USD.2022-02-02T12:09:55.743"
Emerson Electric earnings above expectations at 1.05 USD,Earnings,"Emerson Electric earnings above expectations at 1.05 USDUnited States EarningsEmerson Electric (EMR) released earnings per share at 1.05 USD, compared to market expectations of 0.99 USD.2022-02-02T12:09:48.81"
Mortgage Applications Rise the Most in Near 7 Months,Mortgage Applications,"Mortgage Applications Rise the Most in Near 7 MonthsUnited States Mortgage ApplicationsMortgage applications in the US jumped 12% in the last week of January, the biggest increase since July last year, and recovering from a 7.1% fall in the previous week. Refinancing applications surged 18.4% as consumers rush to renegotiate their mortgage before interest rates go even higher once the Federal Reserve starts raising the fed funds rate. Also, applications to purchase a home loan went up 4%. The average fixed 30-year mortgage rate increased for a 6th straight week to 3.78% from 3.72%, hitting a new high since March 2020, as Treasury yields remained elevated. “The average purchase loan size hit a new survey high once again at $441,100. Stubbornly low inventory levels and swift home-price growth continue to push average loan sizes higher"", said Joel Kan, MBA’s associate vice president.2022-02-02T12:08:00"
Idexx Laboratories earnings above expectations at 1.83 USD,Earnings,"Idexx Laboratories earnings above expectations at 1.83 USDUnited States EarningsIdexx Laboratories (IDXX) released earnings per share at 1.83 USD, compared to market expectations of 1.72 USD.2022-02-02T11:36:52.92"
Marathon Petroleum earnings above expectations at 1.30 USD,Earnings,"Marathon Petroleum earnings above expectations at 1.30 USDUnited States EarningsMarathon Petroleum (MPC) released earnings per share at 1.30 USD, compared to market expectations of 0.56 USD.2022-02-02T11:36:46.41"
Humana earnings above expectations at 1.24 USD,Earnings,"Humana earnings above expectations at 1.24 USDUnited States EarningsHumana (HUM) released earnings per share at 1.24 USD, compared to market expectations of 1.16 USD.2022-02-02T11:36:39.963"
Boston Scientific earnings above expectations at 0.45 USD,Earnings,"Boston Scientific earnings above expectations at 0.45 USDUnited States EarningsBoston Scientific (BSX) released earnings per share at 0.45 USD, compared to market expectations of 0.44 USD.2022-02-02T11:36:33.25"
Southern Copper earnings below expectations at 1.04 USD,Earnings,"Southern Copper earnings below expectations at 1.04 USDUnited States EarningsSouthern Copper (SCCO) released earnings per share at 1.04 USD, compared to market expectations of 1.13 USD.2022-02-02T11:27:01.193"
Thermo Fisher Scientific earnings above expectations at 6.54 USD,Earnings,"Thermo Fisher Scientific earnings above expectations at 6.54 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 6.54 USD, compared to market expectations of 4.89 USD.2022-02-02T11:05:40.92"
US 10Y traded above 1.8 percent,Government Bond 10Y,"US 10Y traded above 1.8 percentUnited States Government Bond 10YUS 10 Year Note Bond Yield rose above 1.8, according to over-the-counter interbank yield quotes for this government bond maturity.2022-02-02T07:39:54.677"
"Dollar Holds Decline Amid Fed Pushback, Risk Rally",Currency,"Dollar Holds Decline Amid Fed Pushback, Risk RallyUnited States CurrencyThe dollar index held its decline to around 96 on Wednesday as Federal Reserve officials pushed back against speculations of a more aggressive rate hike, and as a rally in global equities dented its safe haven appeal. St. Louis Fed president James Bullard, a noted hawk, said on Tuesday he would argue for rate rises in March, May and June, but did not favor a half-point move. Analysts also suggested that the dollar could see some short-term underperformance against advanced economies that grow more aggressive in tightening, with the Reserve Bank of Australia deciding to end its bond-buying program on Feb. 10, while the Bank of England is expected to hike rates again on Thursday. Moreover, the dollar came under pressure from a rebound in equities as the major US averages rose for a third day.2022-02-02T05:47:00"
Gilead Sciences earnings below expectations at 0.69 USD,Earnings,"Gilead Sciences earnings below expectations at 0.69 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 0.69 USD, compared to market expectations of 1.58 USD.2022-02-01T21:30:16.137"
Electronic Arts EA earnings below expectations at 0.23 USD,Earnings,"Electronic Arts EA earnings below expectations at 0.23 USDUnited States EarningsElectronic Arts EA (EA) released earnings per share at 0.23 USD, compared to market expectations of 3.21 USD.2022-02-01T21:20:36.247"
General Motors earnings above expectations at 1.35 USD,Earnings,"General Motors earnings above expectations at 1.35 USDUnited States EarningsGeneral Motors (GM) released earnings per share at 1.35 USD, compared to market expectations of 1.13 USD.2022-02-01T21:19:59.017"
Chubb earnings above expectations at 3.81 USD,Earnings,"Chubb earnings above expectations at 3.81 USDUnited States EarningsChubb (CB) released earnings per share at 3.81 USD, compared to market expectations of 3.29 USD.2022-02-01T21:19:21.647"
Starbucks earnings below expectations at 0.72 USD,Earnings,"Starbucks earnings below expectations at 0.72 USDUnited States EarningsStarbucks (SBUX) released earnings per share at 0.72 USD, compared to market expectations of 0.80 USD.2022-02-01T21:19:09.003"
Advanced Micro Devices earnings above expectations at 0.92 USD,Earnings,"Advanced Micro Devices earnings above expectations at 0.92 USDUnited States EarningsAdvanced Micro Devices (AMD) released earnings per share at 0.92 USD, compared to market expectations of 0.76 USD.2022-02-01T21:18:51.153"
PayPal earnings below expectations at 1.11 USD,Earnings,"PayPal earnings below expectations at 1.11 USDUnited States EarningsPayPal (PYPL) released earnings per share at 1.11 USD, compared to market expectations of 1.12 USD.2022-02-01T21:18:22.907"
Alphabet earnings above expectations at 30.69 USD,Earnings,"Alphabet earnings above expectations at 30.69 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 30.69 USD, compared to market expectations of 27.80 USD.2022-02-01T21:17:57.32"
The Dow Jones Index is up by 0.61%,Stock Market,"The Dow Jones Index is up by 0.61%United States Stock MarketUnited States Stock Market is picking up 215 points. Gains are led by Boeing (9.37%), Salesforce.com (4.12%) and Walt Disney (4.03%). Biggest losers are UnitedHealth (-1.51%), Walgreens Boots Alliance (-1.12%) and Microsoft (-1.09%).2022-02-01T20:30:04.173"
10-Year Treasury Rebounds From Near 1-Week Low,Government Bond 10Y,"10-Year Treasury Rebounds From Near 1-Week LowUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was around 1.8%, still below 2020-highs of 1.9% hit in mid-January, as investors continue to wonder if the Fed will need to tight monetary policy faster than anticipated to tackle rising inflation. The US central bank indicated last week that it would likely hike interest rates in March, with markets pricing in five quarter-point rate hikes this year. Meanwhile, jobs openings topped forecasts and remained near record highs, as employers were still having a difficult time filling positions. The payrolls and ADP releases will also be in the spotlight this week.2022-02-01T16:26:00"
US December Construction Spending Misses Forecasts,Construction Spending,"US December Construction Spending Misses ForecastsUnited States Construction SpendingConstruction spending in the US inched up 0.2 percent from the previous month to a seasonally adjusted annual rate of USD 1.640 trillion in December of 2021, following an upwardly revised 0.6 percent advance in December and missing market expectations of a 0.6 percent gain. Spending on private construction rose 0.7 percent, mostly new single family residential construction (2.1 percent), amusement and recreation (3.3 percent) and lodging (2.1 percent). On the other hand, public construction outlays fell 1.6 percent, weighed down by transportation (-3.0 percent), educational (-1.4 percent), and sewage and waste disposal (-3.9 percent). 
2022-02-01T15:02:00"
US Markit Manufacturing PMI Revised Higher,Manufacturing PMI,"US Markit Manufacturing PMI Revised HigherUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised higher to 55.5 in January of 2022 from a preliminary of 55, but continued to point to the weakest rise in factory activity since October of 2020, as output growth was muted. Demand conditions also softened further, with new orders rising at the slowest pace since September 2020. Muted client demand was reflected in only a fractional increase in employment. The softer rise in new orders allowed firms to partially work through backlogs of work, which expanded at the slowest pace for 11 months. Nonetheless, firms were at their most upbeat regarding the outlook for output since November 2020. Meanwhile, inflationary pressures remained marked. The rate of cost inflation eased to the softest for eight months, however, as firms also moderated the pace at which selling prices increased.2022-02-01T14:49:36.893"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketUS futures were around the flatline on the first trading day of February, pausing after a big stock rally the day before and following a volatile January month that ended with big losses for the 3 key benchmarks, with the S&P and the Nasdaq recording their worst month since March 2020. Investors continue to digest prospects of a more hawkish monetary policy from the Fed and follow the earnings season. Of the 172 companies in the S&P 500 that have reported earnings to date, 78.5% topped analysts’ estimates, according to Refinitiv. O the corporate front, shares of United Parcel Services were up more than 7% in premarket trading amid strong corporate results and guidance and stocks of Exxon Mobil added more than 1% after upbeat earnings. Alphabet and GM are also due to report today. Meanwhile, the ISM Manufacturing PMI and the JOLTS report will also be in the spotlight today. 2022-02-01T13:14:51.817"
Exxon Mobil earnings above expectations at 2.05 USD,Earnings,"Exxon Mobil earnings above expectations at 2.05 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 2.05 USD, compared to market expectations of 1.93 USD.2022-02-01T12:39:35.62"
10-Year Treasury Yield Falls on Tuesday,Government Bond 10Y,"10-Year Treasury Yield Falls on Tuesday United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged lower to 1.74% on Tuesday and Treasury yield curves flattened, as investors continue to wonder if the Fed will need to tight monetary policy faster than anticipated to tackle rising inflation and how the interest rate increases could impact the economic recovery. Meanwhile, traders will get an update on the strength of the US labor market this week with the payrolls, JOLTS and ADP releases.2022-02-01T12:29:00.043"
Enterprise Products Partners earnings below expectations at 0.52 USD,Earnings,"Enterprise Products Partners earnings below expectations at 0.52 USDUnited States EarningsEnterprise Products Partners (EPD) released earnings per share at 0.52 USD, compared to market expectations of 0.54 USD.2022-02-01T11:06:37.607"
United Parcel Service earnings above expectations at 3.59 USD,Earnings,"United Parcel Service earnings above expectations at 3.59 USDUnited States EarningsUnited Parcel Service (UPS) released earnings per share at 3.59 USD, compared to market expectations of 3.09 USD.2022-02-01T11:06:31.39"
Dollar Consolidates Gains Amid Rate Hike Bets,Currency,"Dollar Consolidates Gains Amid Rate Hike BetsUnited States CurrencyThe dollar index held its decline to around 96.5 on Tuesday as investors consolidated gains after the index hit an 18-month high of 97.44 last week on expectations of a faster pace of policy tightening by the Federal Reserve. The US central bank indicated last week that it would likely hike interest rates in March, with markets pricing in five quarter-point rate hikes this year. Atlanta Fed President Raphael Bostic also told the Financial Times in an interview over the weekend that the Fed could super-size a rate increase to half a percentage point if inflation remained stubbornly high. Analysts suggested that the dollar could see some underperformance against advanced economies that grow more aggressive in tightening. Investors await Friday’s US nonfarm payrolls to gauge the labor market’s recovery along with a slew of central bank monetary policy decisions.2022-02-01T05:01:45.257"
US Stocks Rally to End January but Book Big Monthly Loss,Stock Market,"US Stocks Rally to End January but Book Big Monthly LossUnited States Stock MarketUS stocks closed sharply higher on the last trading day of January, led by gains in consumer discretionary, communication services, and tech shares. The Dow Jones ended 406 points higher at 35131, the S&P 500 rallied 1.9% to 4515 and the Nasdaq jumped 3.4% to 14240. On the corporate front, Tesla stocks rallied almost 11% after Credit Suisse upgraded the company to “outperform"". In the month, however, the S&P 500 lost almost 6% and the Nasdaq nearly 4%, their worst month since March 2020 while the Dow Jones fell 3.3% as the Fed moved to a more hawkish monetary policy with investors increasingly betting on five rate hikes in 2022.2022-01-31T20:30:00"
Chicago Business Barometer at 3-Month High,Chicago PMI,"Chicago Business Barometer at 3-Month HighUnited States Chicago PMIThe Chicago PMI in the United States increased to 65.20 points in January from 64.30 points in December of 2021. It is the highest reading in 3 months, beating forecasts of 61.7. Order backlogs, employment and supplier deliveries all increased and prices slowed while production and orders fell.2022-01-31T18:55:22.927"
Dollar on Track for 1% Monthly Gain,Currency,"Dollar on Track for 1% Monthly GainUnited States CurrencyThe dollar index declined to below 97 on the last trading day of January but is on track to book a 1% gain for the month, amid increasing bets the Fed will deliver 5 interest rate hikes this year while economic data for the US has pointed to a robust economic recovery. Investors now await the payrolls report on Friday for a more clear picture of the impact of the omicron coronavirus variant on the labour market while monetary policy decisions in Australia, Europe and the UK will give an update on tightening plans from other major central banks. 2022-01-31T15:08:51.163"
US 10Y traded above 1.8 percent,Government Bond 10Y,"US 10Y traded above 1.8 percentUnited States Government Bond 10YUS 10 Year Note Bond Yield rose above 1.8, according to over-the-counter interbank yield quotes for this government bond maturity.2022-01-31T14:59:56.327"
Wall Street Rebounds to End January,Stock Market,"Wall Street Rebounds to End JanuaryUnited States Stock MarketUS stocks rebounded on the last trading day of January, with the Dow Jones gaining more than 200 points, the S&P 500 adding more than 1% and the Nasdaq more than 2%. Still, January has been very bad for stocks on mixed earnings reports and as Fed moved to a more hawkish monetary policy with investors increasingly betting on five rate hikes in 2022. The Dow and the S&P 500 are down 5% and 7%, respectively, and head for their worst month in over a year while the Nasdaq is off by 12% and is on track for its worst month since October 2008. Meanwhile, Advanced Micro, Exxon Mobil, GM, Alphabet, Meta, Amazon, Honeywell, Ford, PayPal, and Wynn Resorts are due to report this week. The payrolls report, JOLTS, and ADP figures will also be in the spotlight this week.2022-01-31T14:35:00"
US Stocks Likely to Open Mixed and End January Lower,Stock Market,"US Stocks Likely to Open Mixed and End January LowerUnited States Stock MarketUS futures were mixed on the last trading day of January, with contracts on the Dow Jones falling more than 150 points while the S&P 500 edged lower and the Nasdaq attempted to remain in the green. So far on the month, the Dow and S&P 500 are down 5% and 7%, respectively, and head for their worst month in over a year. The Nasdaq is off by 12% and is on track for its worst month since October 2008. Markets have been volatile this month due to concerns the Fed will adopt a more hawkish monetary policy with investors increasingly betting on 5 rate hikes in the fed funds rate until December. Also, the earnings season has seen some surprises on the downside. Advanced Micro, Exxon Mobil, GM, Alphabet, Meta, Amazon, Honeywell, Ford, PayPal, and Wynn Resorts are due to report this week. The payrolls report, JOLTS and ADP figures will also be in the spotlight this week. 
2022-01-31T11:51:00"
Otis Worldwide Corp earnings above expectations at 0.72 USD,Earnings,"Otis Worldwide Corp earnings above expectations at 0.72 USDUnited States EarningsOtis Worldwide Corp (OTIS) released earnings per share at 0.72 USD, compared to market expectations of 0.69 USD.2022-01-31T11:35:55"
L3Harris Technologies Inc earnings above expectations at 3.30 USD,Earnings,"L3Harris Technologies Inc earnings above expectations at 3.30 USDUnited States EarningsL3Harris Technologies Inc (LHX) released earnings per share at 3.30 USD, compared to market expectations of 3.26 USD.2022-01-31T11:35:45.98"
"Treasury Yields Edge Higher, Payrolls Eyed",Government Bond 10Y,"Treasury Yields Edge Higher, Payrolls EyedUnited States Government Bond 10YUS 10-year Treasury yields edged higher to 1.81% on Monday, still below 2020-highs of 1.9% early in the month, but the yield curve flattened to its lowest level in three months, as investors continue to wonder if the Fed will need to tight monetary policy faster than anticipated to tackle rising inflation. Meanwhile, traders will get an update on the strength of the US labor market this week with the payrolls, JOLTS and ADP releases. 2022-01-31T11:25:00"
Dollar Hovers Near 18-Month High,Currency,"Dollar Hovers Near 18-Month HighUnited States CurrencyThe dollar index held above 97 on Monday after hitting an 18-month high of 97.44 in the previous session, as investors braced for upcoming interest rate hikes from the Federal Reserve. The US central bank indicated last week that it would likely hike interest rates in March and begin reducing its balance sheet soon after to combat inflation, with markets pricing in five quarter-point rate hikes this year. Reinforcing this view, data showed on Thursday that the US economy grew much more than expected at 6.9% in the fourth quarter. The dollar was also lifted by investors seeking safety amid a selloff in riskier assets as global equity benchmarks head for their worst month since the start of the pandemic.2022-01-31T05:56:25.61"
The Dow Jones Index rising 0.81%,Stock Market,"The Dow Jones Index rising 0.81%United States Stock MarketUnited States Stock Market is gaining 276 points. Leading the gains are Visa (9.54%), Apple (5.94%) and Salesforce.com (3.40%). Top losers are Caterpillar (-6.23%), 3M (-4.54%) and Chevron (-4.03%).2022-01-28T20:30:03.977"
US Consumer Sentiment Down to 2011 Lows,Consumer Confidence,"US Consumer Sentiment Down to 2011 LowsUnited States Consumer ConfidenceThe University of Michigan consumer sentiment for the US was revised lower to 67.2 in January of 2022, the lowest level since November 2011, compared to a preliminary of 68.8. Both current conditions (72 vs preliminary of 73.2) and expectations (64.1 vs 65.9) were revised down. Inflation expectations were confirmed at 4.9% for the year ahead and 3.1% for the next five years. According to Richard Curtin, Surveys of Consumers chief economist, ""the Delta and Omicron variants were largely responsible, but other factors, some of which were initially triggered by covid, have become independent forces shaping sentiment. Overall confidence in government economic policies is at its lowest level since 2014. Although their primary concern is rising inflation and falling real incomes, consumers may misinterpret the Fed's policy moves to slow the economy as part of the problem rather than part of the solution"".2022-01-28T15:09:00"
US 10Y Treasury Note Yield Rebounds,Government Bond 10Y,"US 10Y Treasury Note Yield ReboundsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note traded around 1.82% on Friday, faltering from earlier levels close to 1.85%, as investors digested a fresh batch of economic data. The employment cost index, cited by Chairman Powell as a key metric, rose 1.0% over the previous quarter in Q4, easing from a 1.3% increase in the prior period and missing market forecasts of 1.2% gain. Meanwhile, inflation-adjusted consumer spending fell 0.6% in December, as expected, reflecting the anticipation of the holiday shopping season to November and pandemic-related supply chain issues. On the other hand, Core PCE prices, the Federal Reserve’s preferred inflation gauge, jumped to a near four-decade high of 4.9% in December, surpassing market expectations of 4.8% and continued its upward trend above the inflation target of 2%. On Wednesday, the Fed signaled a rate hike in March as expected, while suggesting more frequent and larger interest rate increases could happen this year. 2022-01-28T14:03:00"
Phillips 66 earnings above expectations at 2.94 USD,Earnings,"Phillips 66 earnings above expectations at 2.94 USDUnited States EarningsPhillips 66 (PSX) released earnings per share at 2.94 USD, compared to market expectations of 1.91 USD.2022-01-28T13:45:10.283"
Colgate-Palmolive earnings meet market expectations at 0.79 USD,Earnings,"Colgate-Palmolive earnings meet market expectations at 0.79 USDUnited States EarningsColgate-Palmolive (CL) released earnings per share at 0.79 USD, in line with market expectations.2022-01-28T13:45:03.773"
Charter Communications earnings above expectations at 8.93 USD,Earnings,"Charter Communications earnings above expectations at 8.93 USDUnited States EarningsCharter Communications (CHTR) released earnings per share at 8.93 USD, compared to market expectations of 7.05 USD.2022-01-28T13:44:56.64"
US Personal Income Rises Less than Forecast,Personal Income,"US Personal Income Rises Less than ForecastUnited States Personal IncomePersonal income in the United States rose 0.3 percent from a month earlier in December 2021, following a 0.5 percent growth in November and missing market expectations of 0.5 percent, as a 0.6 percent increase in compensation was partly offset by a 1.4 percent decline in proprietors' income. Within compensation, the increase reflected gains in both private and government wages and salaries, while within proprietors' income, both nonfarm and farm income decreased. Government social benefits were slightly down, reflecting the winding down of pandemic-related assistance programs.2022-01-28T13:39:00"
Core PCE Inflation Remains Elevated,Core PCE Price Index MoM,"Core PCE Inflation Remains ElevatedUnited States Core PCE Price Index MoMCore PCE prices in the US which exclude food and energy increased 0.5% mom in December of 2021, the same as in the previous month and in line with market forecasts. The annual rate accelerated to 4.9%, the highest since September of 1983 and above market expectations of 4.8%.2022-01-28T13:37:00"
Dollar Index Hits 18-month High,currency,Dollar Index Hits 18-month HighUnited States currencyDXY increased to a 18-month high of 97.4312022-01-28T12:55:36.163
Chevron earnings below expectations at 2.56 USD,Earnings,"Chevron earnings below expectations at 2.56 USDUnited States EarningsChevron (CVX) released earnings per share at 2.56 USD, compared to market expectations of 3.06 USD.2022-01-28T12:22:44.44"
Caterpillar earnings above expectations at 2.69 USD,Earnings,"Caterpillar earnings above expectations at 2.69 USDUnited States EarningsCaterpillar (CAT) released earnings per share at 2.69 USD, compared to market expectations of 2.27 USD.2022-01-28T12:14:31.84"
US Futures Fall to End Volatile Week,Stock Market,"US Futures Fall to End Volatile WeekUnited States Stock MarketUS futures traded lower on Friday and are on track to end a volatile week in the red as investors remain concerned over tighter monetary policy from the Fed and digest mixed earnings reports. Shares of Chevron lost in premarket trading after earnings disappointed. Stocks of Caterpillar were also in the red even after the company reported better-than-expected earnings. Meanwhile, Apple shares surged almost 5% in premarket trading after the company report record revenues and profits that beat forecasts and said it expects supply constraints in the March quarter to be less than they were in the December quarter. So far on the week, the Dow Jones is down 0.3% which would mark a 4th weekly decline. The S&P 500 lost more than 1.5%, also a 4th weekly fall and the Nasdaq fell 1.4%, a 5th week of declines. Both the S&P and the Nasdaq are now in correction territory. PCE inflation and consumer spending will also be in the spotlight today. 
2022-01-28T11:58:00"
Dollar Sits High as Rate Hikes Loom,Currency,"Dollar Sits High as Rate Hikes LoomUnited States CurrencyThe dollar index held its advance trading above 97 on Friday after gaining more than 1% in the past two sessions, hovering levels around last seen in July 2020 as investors came to terms that aggressive Fed interest rate hikes are imminent. On Wednesday, the US central bank set a more hawkish tone signaling a rate hike in March and suggesting more frequent and larger interest rate increases could take place this year as the economy is strong. Reinforcing this view, on Thursday data showed US economy grew 6.9% in Q4, much more than expected. The dollar index was set to end the week about 1.6% higher, its biggest weekly gain since June 2021.2022-01-28T05:55:00"
KLA-Tencor earnings above expectations at 5.59 USD,Earnings,"KLA-Tencor earnings above expectations at 5.59 USDUnited States EarningsKLA-Tencor (KLAC) released earnings per share at 5.59 USD, compared to market expectations of 5.44 USD.2022-01-27T21:35:17.01"
Stryker earnings below expectations at 2.71 USD,Earnings,"Stryker earnings below expectations at 2.71 USDUnited States EarningsStryker (SYK) released earnings per share at 2.71 USD, compared to market expectations of 2.73 USD.2022-01-27T21:34:29.127"
Mondelez International earnings meet market expectations at 0.71 USD,Earnings,"Mondelez International earnings meet market expectations at 0.71 USDUnited States EarningsMondelez International (MDLZ) released earnings per share at 0.71 USD, in line with market expectations.2022-01-27T21:34:15.557"
Visa earnings above expectations at 1.81 USD,Earnings,"Visa earnings above expectations at 1.81 USDUnited States EarningsVisa (V) released earnings per share at 1.81 USD, compared to market expectations of 1.70 USD.2022-01-27T21:33:31.717"
Apple earnings above expectations at 2.1 USD,Earnings,"Apple earnings above expectations at 2.1 USDUnited States EarningsApple (AAPL) released earnings per share at 2.1 USD, compared to market expectations of 1.890 USD.2022-01-27T21:32:51.82"
Russell 2000 Hits 12-month Low,Stock Market,Russell 2000 Hits 12-month LowUnited States Stock MarketUS2000 decreased to a 12-month low of 19312022-01-27T19:49:54.667
HCA earnings below expectations at 4.42 USD,Earnings,"HCA earnings below expectations at 4.42 USDUnited States EarningsHCA (HCA) released earnings per share at 4.42 USD, compared to market expectations of 4.54 USD.2022-01-27T16:41:04.907"
Mastercard earnings above expectations at 2.35 USD,Earnings,"Mastercard earnings above expectations at 2.35 USDUnited States EarningsMastercard (MA) released earnings per share at 2.35 USD, compared to market expectations of 2.21 USD.2022-01-27T16:40:58.117"
Rockwell Automation earnings above expectations at 2.14 USD,Earnings,"Rockwell Automation earnings above expectations at 2.14 USDUnited States EarningsRockwell Automation (ROK) released earnings per share at 2.14 USD, compared to market expectations of 1.93 USD.2022-01-27T16:39:53.573"
T. Rowe Price earnings above expectations at 3.17 USD,Earnings,"T. Rowe Price earnings above expectations at 3.17 USDUnited States EarningsT. Rowe Price (TROW) released earnings per share at 3.17 USD, compared to market expectations of 3.10 USD.2022-01-27T16:39:47.167"
Marsh & McLennan Companies earnings above expectations at 1.36 USD,Earnings,"Marsh & McLennan Companies earnings above expectations at 1.36 USDUnited States EarningsMarsh & McLennan Companies (MMC) released earnings per share at 1.36 USD, compared to market expectations of 1.34 USD.2022-01-27T16:39:37.453"
US 10Y Treasury Note Yield Eases,Government Bond 10Y,"US 10Y Treasury Note Yield EasesUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note moderated towards 1.83% as traders digested a batch of economic data after the Federal Reserve set a more hawkish tone in the previous session. The world’s largest economy expanded at an annualized rate of 6.9% in Q4, beating market estimates of a 5.5% rise, while durable goods orders fell a more-than-expected 0.9% in December over the previous month. Meanwhile, weekly jobless claims matched market expectations at 260 thousand people last week. On Wednesday, the Fed signaled a rate hike in March as expected, while suggesting more frequent and larger interest rate increases could happen this year. Chairman Powell also said that inflation could go even higher and there's a risk it will not decline to pre-pandemic levels any time soon. 2022-01-27T13:52:00"
US Durable Goods Orders Slip More than Expected,Durable Goods Orders,"US Durable Goods Orders Slip More than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods fell 0.9 percent month-over-month in December of 2021, following an upwardly revised 3.2 percent advance in November and compared to market expectations of a 0.5 percent decrease. Excluding defense, new orders inched up 0.1 percent and excluding transportation went up 0.4 percent, with the latter matching market forecasts. Main downward pressure came from transportation equipment (-3.9 percent vs 8.9 percent in November), namely nondefense aircraft. Also, computer and electronic products orders were down (-2.8 percent vs 4.1 percent), as demand for communications equipment weakened. Meanwhile, orders for nondefense capital goods excluding aircraft, a closely watched proxy for business spending plans, were unchanged from November, missing forecasts of a 0.4 percent increase. 2022-01-27T13:32:00"
Msci earnings above expectations at 2.51 USD,Earnings,"Msci earnings above expectations at 2.51 USDUnited States EarningsMsci (MSCI) released earnings per share at 2.51 USD, compared to market expectations of 2.49 USD.2022-01-27T13:14:03.897"
Northrop Grumman earnings above expectations at 6.00 USD,Earnings,"Northrop Grumman earnings above expectations at 6.00 USDUnited States EarningsNorthrop Grumman (NOC) released earnings per share at 6.00 USD, compared to market expectations of 5.99 USD.2022-01-27T13:13:34.093"
Altria earnings above expectations at 1.09 USD,Earnings,"Altria earnings above expectations at 1.09 USDUnited States EarningsAltria (MO) released earnings per share at 1.09 USD, compared to market expectations of 1.08 USD.2022-01-27T13:13:10.997"
Blackstone earnings above expectations at 1.71 USD,Earnings,"Blackstone earnings above expectations at 1.71 USDUnited States EarningsBlackstone (BX) released earnings per share at 1.71 USD, compared to market expectations of 1.40 USD.2022-01-27T13:12:46.723"
Comcast earnings above expectations at 0.77 USD,Earnings,"Comcast earnings above expectations at 0.77 USDUnited States EarningsComcast (CMCSA) released earnings per share at 0.77 USD, compared to market expectations of 0.73 USD.2022-01-27T13:12:23.757"
McDonalds earnings below expectations at 2.23 USD,Earnings,"McDonalds earnings below expectations at 2.23 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 2.23 USD, compared to market expectations of 2.34 USD.2022-01-27T12:03:49.707"
Dollar Approaches 97,Currency,"Dollar Approaches 97United States CurrencyThe dollar index extended gains and approached 97 on Thursday, hovering at levels not seen since June 2020, amid increasing expectations of a faster Fed tightening. The central bank set a more hawkish tone and signalled a rate hike in March during its first 2022 meeting, while suggesting more frequent and larger interest rate increases could happen this year. Many market participants now expect 5 rate hikes in 2022 compared to 4 before the FOMC statement on Wednesday.2022-01-27T11:39:00"
Xcel Energy earnings above expectations at 0.58 USD,Earnings,"Xcel Energy earnings above expectations at 0.58 USDUnited States EarningsXcel Energy (XEL) released earnings per share at 0.58 USD, compared to market expectations of 0.57 USD.2022-01-27T11:31:05.623"
Dow Chemical earnings above expectations at 2.15 USD,Earnings,"Dow Chemical earnings above expectations at 2.15 USDUnited States EarningsDow Chemical (DOW) released earnings per share at 2.15 USD, compared to market expectations of 2.05 USD.2022-01-27T11:30:59.147"
Danaher earnings above expectations at 2.69 USD,Earnings,"Danaher earnings above expectations at 2.69 USDUnited States EarningsDanaher (DHR) released earnings per share at 2.69 USD, compared to market expectations of 2.53 USD.2022-01-27T11:30:53.337"
Treasury Yields Remain High after Hawkish Fed,Government Bond 10Y,"Treasury Yields Remain High after Hawkish FedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note hovered around 2-year highs of 1.85% and the Treasury yield curve was the flattest since 2020 after the Federal Reserve set a more hawkish tone and signalled a rate hike in March as expected, while suggesting more frequent and larger interest rate increases could happen this year. Fed Chair also said that inflation could go even higher and there's a risk it will not decline to pre-pandemic levels any time soon. 2022-01-27T09:37:00"
Dollar Hovers 1-Month High After Fed Decision,Currency,"Dollar Hovers 1-Month High After Fed DecisionUnited States CurrencyThe dollar index extended gains above 96.5 on Thursday after reclaiming 1-month highs in the previous session, as the Federal Reserve indicated that it would likely hike interest rates in March and begin reducing its balance sheet soon after. The combined moves will complete a pivot away from pandemic-era easy monetary policy toward an inflation-combatting mode. Markets are pricing in as many as five rate increases this year. The benchmark 10-year US yield also jumped back above 1.8% after the announcement, providing additional support to the dollar. Meanwhile, investors felt that the Fed fell short in providing much needed guidance on the timing and magnitude of the shift in policy, leaving the door open for a slower pace of policy tightening.2022-01-27T06:15:22.663"
Xilinx earnings above expectations at 1.29 USD,Earnings,"Xilinx earnings above expectations at 1.29 USDUnited States EarningsXilinx (XLNX) released earnings per share at 1.29 USD, compared to market expectations of 0.98 USD.2022-01-26T21:33:32.317"
Vertex Pharmaceuticals earnings above expectations at 3.37 USD,Earnings,"Vertex Pharmaceuticals earnings above expectations at 3.37 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 3.37 USD, compared to market expectations of 3.29 USD.2022-01-26T21:32:25.197"
Edwards Lifesciences earnings below expectations at 0.51 USD,Earnings,"Edwards Lifesciences earnings below expectations at 0.51 USDUnited States EarningsEdwards Lifesciences (EW) released earnings per share at 0.51 USD, compared to market expectations of 0.55 USD.2022-01-26T21:31:57.813"
Crown Castle International earnings above expectations at 0.81 USD,Earnings,"Crown Castle International earnings above expectations at 0.81 USDUnited States EarningsCrown Castle International (CCI) released earnings per share at 0.81 USD, compared to market expectations of 0.77 USD.2022-01-26T21:31:43.927"
Lam Research earnings above expectations at 8.53 USD,Earnings,"Lam Research earnings above expectations at 8.53 USDUnited States EarningsLam Research (LRCX) released earnings per share at 8.53 USD, compared to market expectations of 8.51 USD.2022-01-26T21:31:26.237"
ServiceNow earnings above expectations at 1.46 USD,Earnings,"ServiceNow earnings above expectations at 1.46 USDUnited States EarningsServiceNow (NOW) released earnings per share at 1.46 USD, compared to market expectations of 1.43 USD.2022-01-26T21:31:08.583"
Tesla earnings above expectations at 2.54 USD,Earnings,"Tesla earnings above expectations at 2.54 USDUnited States EarningsTesla (TSLA) released earnings per share at 2.54 USD, compared to market expectations of 2.33 USD.2022-01-26T21:30:16.253"
Intel earnings above expectations at 1.09 USD,Earnings,"Intel earnings above expectations at 1.09 USDUnited States EarningsIntel (INTC) released earnings per share at 1.09 USD, compared to market expectations of 0.90 USD.2022-01-26T21:27:09.793"
Dollar at One-Month High after Fed Decision,Currency,"Dollar at One-Month High after Fed DecisionUnited States CurrencyThe dollar index extended gains to a one-month high of 96.4 on Wednesday after Fed Chair Powell said during the regular press conference after the FOMC decision that there is quite a bit of room to raise interest rates without dampening employment. In its first monetary policy decision this year, the Fed said it would be appropriate to raise borrowing costs soon to tame inflation amid a strong labor market, signalling a rate hike will happen next meeting. 2022-01-26T20:05:25.793"
US 10-Year Bond Yield Rises Above 1.8%,Government Bond 10Y,"US 10-Year Bond Yield Rises Above 1.8%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note extended gains above 1.8%, moving further away from the two-week lows touched earlier this week, after Federal Reserve Chairman Jerome Powell suggested there was plenty of room to raise borrowing costs before it would harm the US economy. The Fed left monetary policy unchanged on Wednesday, but signaled that a rate hike may be coming in March as inflation remains well above the 2% target against a backdrop of strong labor market. In addition, policymakers reaffirmed plans to end the central bank's massive bond buying program that month, and agreed on a set of principles for ""significantly reducing"" the size of its asset holdings after the liftoff in interest rates.2022-01-26T19:10:00"
Dollar at 3-Week High as Fed Hints at March Rate Hike,Currency,"Dollar at 3-Week High as Fed Hints at March Rate HikeUnited States CurrencyThe dollar index held above 96 against a basket of currencies, having touched a three-week high of 96.2, after the Federal Reserve left monetary policy unchanged, but said it would be appropriate to raise borrowing costs soon to tame inflation amid a strong labor market. The central bank also said it would be ending its bond purchases that month as well as start reducing its asset holdings significantly after the liftoff in interest rates.2022-01-26T19:06:00"
Progressive earnings below expectations at 0.90 USD,Earnings,"Progressive earnings below expectations at 0.90 USDUnited States EarningsProgressive (PGR) released earnings per share at 0.90 USD, compared to market expectations of 0.99 USD.2022-01-26T17:50:41.42"
Dollar Edges Higher Ahead of Fed,Currency,"Dollar Edges Higher Ahead of FedUnited States CurrencyThe dollar index strengthened to a 3-week high of 96.2 on Wednesday as traders await the Fed monetary policy decision later in the day for more clues on how much and how quickly interest rates will be raised. The odds are rising the Fed will need to tight monetary policy faster than anticipated, while other central banks around the world seem more reluctant in raising borrowing costs. Meanwhile, rising geopolitical tensions also buoyed the safe-haven dollar, with US president Joe Biden threatening to sanction Vladimir Putin if he orders an invasion of Ukraine.2022-01-26T15:54:00"
Freeport-McMoran earnings below expectations at 0.96 USD,Earnings,"Freeport-McMoran earnings below expectations at 0.96 USDUnited States EarningsFreeport-McMoran (FCX) released earnings per share at 0.96 USD, compared to market expectations of 0.97 USD.2022-01-26T15:52:23.163"
US Crude Stocks Unexpectedly Increase,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly IncreaseUnited States Crude Oil Stocks ChangeUS crude oil inventories unexpectedly expanded by 2.377 million barrels in the week ending January 21st, the largest increase since late October and compared to market forecasts of a 0.728 million barrel draw, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories rose by 1.297 million barrels, missing market expectations of a 2.548 million barrel increase.
2022-01-26T15:34:05.28"
US Stocks Rebound Strongly Led by Microsoft,Stock Market,"US Stocks Rebound Strongly Led by MicrosoftUnited States Stock MarketUS stocks rebounded on Wednesday with the Dow Jones rising more than 200 points before parings some gains, the S&P 500 adding around 1% and the Nasdaq soaring nearly 2%. Microsoft was among the top gainers rising 4% after the company's earnings, revenues and sales forecasts topped estimates. Results from AT&T and Abbott also beat on the upside but stocks failed to rise and Boeing shares declined more than 3% after the company reported a much bigger-than-expected loss of $7.69 per share for the fourth quarter. Tesla and Intel are due to report quarterly results after markets close. Meanwhile, investors look ahead to the Fed decision later in the day for more clarity on how much and how quickly interest rates will be raised.2022-01-26T14:37:00"
US Wholesale Inventories Rise More than Expected,Wholesale Inventories,"US Wholesale Inventories Rise More than ExpectedUnited States Wholesale InventoriesWholesale inventories in the US advanced 2.1 percent month-over-month to $789.4 billion in December of 2021, up from a 1.7 percent increase in November and above market forecasts of 1.3 percent rise, a preliminary estimate showed. It was the 17th consecutive month of gains, amid increases in inventories of both durable goods (2.4 percent vs 2.5 percent in November) and nondurable ones (1.6 percent vs 0.6 percent). On a yearly basis, wholesale inventories advanced 18.3 percent in December.2022-01-26T13:35:00"
US Posts Largest Goods Trade Deficit on Record,Goods Trade Balance,"US Posts Largest Goods Trade Deficit on RecordUnited States Goods Trade BalanceThe US goods trade deficit widened to an all-time high of USD 101 billion in December of 2021 from a revised USD 98 billion in the previous month, the advance estimate showed. Imports rose 2 percent to USD 258.26 billion, reflecting the ongoing recovery in domestic demand due to rising wages and a growing economy. Purchases rose for automotive vehicles (8.4 percent) and consumer goods (7.6 percent). Meanwhile, exports rose at a slower 1.4 percent to USD 157.3 billion amid higher sales of capital goods (1.9 percent) and consumer goods (6.5 percent). During 2021, the United States posted a goods gap of USD 1,086 billion, the biggest annual shortfall on record.2022-01-26T13:32:00"
Amphenol earnings above expectations at 0.70 USD,Earnings,"Amphenol earnings above expectations at 0.70 USDUnited States EarningsAmphenol (APH) released earnings per share at 0.70 USD, compared to market expectations of 0.63 USD.2022-01-26T13:04:35.42"
Norfolk Southern earnings above expectations at 3.12 USD,Earnings,"Norfolk Southern earnings above expectations at 3.12 USDUnited States EarningsNorfolk Southern (NSC) released earnings per share at 3.12 USD, compared to market expectations of 3.05 USD.2022-01-26T13:04:29.557"
Kimberly Clark earnings above expectations at 1.30 USD,Earnings,"Kimberly Clark earnings above expectations at 1.30 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 1.30 USD, compared to market expectations of 1.24 USD.2022-01-26T12:34:42.157"
General Dynamics earnings above expectations at 3.39 USD,Earnings,"General Dynamics earnings above expectations at 3.39 USDUnited States EarningsGeneral Dynamics (GD) released earnings per share at 3.39 USD, compared to market expectations of 3.37 USD.2022-01-26T12:34:35.643"
Boeing earnings below expectations at -7.69 USD,Earnings,"Boeing earnings below expectations at -7.69 USDUnited States EarningsBoeing (BA) released earnings per share at -7.69 USD, compared to market expectations of -0.34 USD.2022-01-26T12:34:29.167"
Abbott earnings above expectations at 1.32 USD,Earnings,"Abbott earnings above expectations at 1.32 USDUnited States EarningsAbbott (ABT) released earnings per share at 1.32 USD, compared to market expectations of 1.21 USD.2022-01-26T12:34:22.59"
US Mortgage Applications Fall the Most in 2 Months,Mortgage Applications,"US Mortgage Applications Fall the Most in 2 MonthsUnited States Mortgage ApplicationsMortgage applications in the US sank 7.1% in the week ended January 21st, the biggest decline in 2 months, as the refinancing index plunged 12.6% and the purchase one went down 1.8%, data from the Mortgage Bankers Association showed. The average fixed 30-year mortgage rate increased to 3.72% from 3.64%, hitting a new high since March 2020, as Treasury yields continued to march towards 2-year highs. ""After almost two years of lower rates, there are not many borrowers left who have an incentive to refinance. Of those who are still in the market for a refinance, these higher rates are proving much less attractive to them"", said Joel Kan, an MBA economist.2022-01-26T12:07:00"
ADP earnings above expectations at 1.65 USD,Earnings,"ADP earnings above expectations at 1.65 USDUnited States EarningsADP (ADP) released earnings per share at 1.65 USD, compared to market expectations of 1.63 USD.2022-01-26T12:01:52.993"
Anthem earnings above expectations at 5.14 USD,Earnings,"Anthem earnings above expectations at 5.14 USDUnited States EarningsAnthem (ANTM) released earnings per share at 5.14 USD, compared to market expectations of 5.11 USD.2022-01-26T11:30:48.037"
AT&T earnings above expectations at 0.78 USD,Earnings,"AT&T earnings above expectations at 0.78 USDUnited States EarningsAT&T (T) released earnings per share at 0.78 USD, compared to market expectations of 0.76 USD.2022-01-26T11:30:41.893"
"US Futures Surge, Fed Awaited",Stock Market,"US Futures Surge, Fed AwaitedUnited States Stock MarketUS futures rebounded on Wednesday with both the Dow Jones and the S&P 500 adding around 1% each and contracts on the Nasdaq gaining almost 2%, as investors look ahead to the Fed decision later in the day for more clarity on the central bank tightening policy. Also, the earnings season continues with AT&T and Abbott beating on the upside. Boeing however reported a much bigger-than-expected loss of $7.69 per share for the fourth quarter. Tesla and Intel are due to report quarterly results after markets close. Meanwhile, shares of Microsoft jumped 3% in pre market trading after the company's earnings, revenues and sales forecasts topped estimates. 2022-01-26T10:37:00"
Dollar Muted Ahead of Fed Decision,Currency,"Dollar Muted Ahead of Fed DecisionUnited States CurrencyThe dollar index held near 2-week highs around 96 on Wednesday, but remained relatively subdued as investors looked ahead to the Federal Reserve meeting and press conference to gain some clarity on policy direction. The Fed is set to conclude its two-day meeting with an announcement at 2 pm ET on Wednesday, and although it is not expected to change policies, investors will look for hints on the schedule and extent of rate hikes and quantitative tightening. Money markets are priced for a first rate hike in March, with three more quarter-point increases by year-end. Rising geopolitical tensions also buoyed the safe-haven dollar, with US president Joe Biden threatening to sanction Vladimir Putin if he orders an invasion of Ukraine.2022-01-26T06:18:30.357"
Capital One Financial earnings above expectations at 5.41 USD,Earnings,"Capital One Financial earnings above expectations at 5.41 USDUnited States EarningsCapital One Financial (COF) released earnings per share at 5.41 USD, compared to market expectations of 5.33 USD.2022-01-25T21:32:52.14"
Texas Instruments earnings above expectations at 2.31 USD,Earnings,"Texas Instruments earnings above expectations at 2.31 USDUnited States EarningsTexas Instruments (TXN) released earnings per share at 2.31 USD, compared to market expectations of 1.95 USD.2022-01-25T21:32:39.227"
Microsoft earnings above expectations at 2.48 USD,Earnings,"Microsoft earnings above expectations at 2.48 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 2.48 USD, compared to market expectations of 2.31 USD.2022-01-25T21:32:33.563"
Wall Street Trims Losses,Stock Market,"Wall Street Trims Losses United States Stock MarketMain US stock market indexes closed down in another volatile session on Tuesday but trimmed some of the earlier losses as buyers emerged amid an intraday sell-off triggered by concerns over a more hawkish stance by the Federal Reserve and mixed earnings reports. The Dow Jones lost as much as 65 after shedding more than 800 points at session lows, the S&P fell 1.2%, and the Nasdaq Composite plunged 2.3% after being down more than 3%. The tech stocks were dragged by expectations of higher yields with Nividia down more than 4% and Amazon 3.1% lower. Also, GE sank more almost 6% after the company's earnings beat but sales missed forecasts and the 2022 guidance was mixed. Meanwhile, J&J was up almost 3% after the company projected $3 billion in Covid vaccine sales in 2022. In addition, American Express surged more than 9% after upbeat earnings, profits, and revenues, while the pick-up in bond yields boosted banks' gains.2022-01-25T19:34:00"
Treasury Yields Edge Up,Government Bond 10Y,"Treasury Yields Edge UpUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note inched higher to 1.79%, moving away from 2-week lows early in the week, as market volatility continues and investors await the FOMC decision. The Fed is set to raise the fed funds rate in March and reduce the balance-sheet later this year although the size of the rate hike is still uncertain and investors worry the Fed will tighten monetary policy more aggressively than anticipated. 2022-01-25T19:05:00"
Wall Street Resumes Sell-Off,Stock Market,"Wall Street Resumes Sell-OffUnited States Stock MarketThe US stocks resumed January's sell-off on Tuesday after one of the biggest comebacks on record during the end of the last session as investors digested mixed earnings reports while awaiting the FOMC monetary policy decision tomorrow. The Dow Jones shed more than 300 points, the S&P dropped 1.8%, and the tech-heavy Nasdaq Composite plunged 2.8% as tech stocks were dragged by expectations of higher yields with Nividia down more than 5% and Amazon 3.3% lower. On the corporate front, GE sank 6% after the company's earnings beat but sales missed forecasts and the 2022 guidance was mixed. J&J rose as much as 2% after the company outlined an expectation of $3 billion in Covid vaccine sales in 2022, while 3M was little changed even after the company's revenues and earnings surprised on the upside. American Express however surged more than 7% after upbeat earnings, profits and revenues. Microsoft is due to report quarterly results today after the closing bell.2022-01-25T17:45:00"
Raytheon Technologies Corp earnings above expectations at 1.08 USD,Earnings,"Raytheon Technologies Corp earnings above expectations at 1.08 USDUnited States EarningsRaytheon Technologies Corp (RTX) released earnings per share at 1.08 USD, compared to market expectations of 1.02 USD.2022-01-25T17:31:07.563"
Archer-Daniels Midland earnings above expectations at 1.50 USD,Earnings,"Archer-Daniels Midland earnings above expectations at 1.50 USDUnited States EarningsArcher-Daniels Midland (ADM) released earnings per share at 1.50 USD, compared to market expectations of 1.32 USD.2022-01-25T17:30:54.523"
American Express earnings above expectations at 2.18 USD,Earnings,"American Express earnings above expectations at 2.18 USDUnited States EarningsAmerican Express (AXP) released earnings per share at 2.18 USD, compared to market expectations of 1.86 USD.2022-01-25T17:30:48.12"
Verizon earnings above expectations at 1.31 USD,Earnings,"Verizon earnings above expectations at 1.31 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.31 USD, compared to market expectations of 1.28 USD.2022-01-25T17:30:35.953"
Dow Jones is down by 2%,stock market,Dow Jones is down by 2%United States stock marketDow Jones decreased 2% to 336762022-01-25T14:57:19.213
US Stocks Slide Again,Stock Market,"US Stocks Slide AgainUnited States Stock MarketThe Dow Jones fell more than 600 points a few minutes after the open before paring some losses, the S&P 500 went down 1.4% after falling more than 2% and the Nasdaq was down 1.8% after sinking 2.7% early. Investors digest mixed earnings reports while awaiting the FOMC monetary policy decision tomorrow. GE sank 7% after the company's earnings beat but sales missed forecasts and the 2022 guidance was mixed. J&J was little changed as revenues came below expectations but 3M were down 1% even after the company's revenues and earnings surprised on the upside. American Express however surged more than 8% after upbeat earnings, profits and revenues. Microsoft is due to report quarterly results today after the closing bell.2022-01-25T14:36:00"
3M earnings above expectations at 2.31 USD,Earnings,"3M earnings above expectations at 2.31 USDUnited States Earnings3M (MMM) released earnings per share at 2.31 USD, compared to market expectations of 2.02 USD.2022-01-25T14:14:54.74"
Lockheed Martin earnings above expectations at 7.47 USD,Earnings,"Lockheed Martin earnings above expectations at 7.47 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 7.47 USD, compared to market expectations of 7.15 USD.2022-01-25T14:13:48.33"
NextEra Energy earnings above expectations at 0.41 USD,Earnings,"NextEra Energy earnings above expectations at 0.41 USDUnited States EarningsNextEra Energy (NEE) released earnings per share at 0.41 USD, compared to market expectations of 0.39 USD.2022-01-25T14:13:42.29"
US Home Prices Rise 1.1% in November: FHFA,House Price Index MoM,"US Home Prices Rise 1.1% in November: FHFAUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 1.1 percent from a month earlier in November 2021, the same pace as in October. The last four months reflected average gains of 1 percent, down from the larger prior changes during the spring and summer months, and suggesting home price growth will likely slow further in 2022 amid higher interest rates. For the nine census divisions, monthly house price changes ranged from +0.5 percent in the West North Central division to +1.9 percent in the South Atlantic division. Year-on-year, house prices rose 17.5 percent in November, little-changed from a 17.4 percent increase in the previous month. ""This new trend is a welcome shift but still twice the monthly average we have seen in the last 20 years, which echoes concerns about access and affordability in housing markets.”, said Will Doerner, Supervisory Economist in FHFA’s Division of Research and Statistics.2022-01-25T14:10:56.88"
General Electric earnings above expectations at 0.92 USD,Earnings,"General Electric earnings above expectations at 0.92 USDUnited States EarningsGeneral Electric (GE) released earnings per share at 0.92 USD, compared to market expectations of 0.85 USD.2022-01-25T11:31:44.803"
Johnson & Johnson earnings above expectations at 2.13 USD,Earnings,"Johnson & Johnson earnings above expectations at 2.13 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.13 USD, compared to market expectations of 2.12 USD.2022-01-25T11:31:38.527"
"Dollar Holds Up on Hawkish Fed, Ukraine Tensions",Currency,"Dollar Holds Up on Hawkish Fed, Ukraine TensionsUnited States CurrencyThe dollar index hovered close to a 2-week high around 96.2 on Tuesday, amid flight to safety on rising geopolitical tensions and as the Federal Reserve is set to speed up the policy tightening. Although the Fed is not expected to move rates on Wednesday, markets are pricing in the first-rate hike in March, with three more quarter-point increases by year-end. Meanwhile, NATO said it was putting forces on standby and reinforcing eastern Europe with more ships and fighter jets in case Russian troops attack Ukraine in what Russia denounced as an escalation of tensions.2022-01-25T05:37:00"
IBM earnings above expectations at 3.35 USD,Earnings,"IBM earnings above expectations at 3.35 USDUnited States EarningsIBM (IBM) released earnings per share at 3.35 USD, compared to market expectations of 3.30 USD.2022-01-24T21:41:10.4"
US Stocks Turn Positive,Stock Market,"US Stocks Turn PositiveUnited States Stock MarketUS stocks turned positive at the of end a volatile session on Monday, after trading sharply negative, amid a spike in volume with dip buyers emerging after a sell-off triggered by investors dampening risky assets ahead of the US central bank meeting later this week. The Fed is expected to outline a policy tightening amid rising inflation, although it is not expected to move rates, the committee will tee up the first of 3 to 4 rate hikes starting in March and as well as start quantitative tightening. Also, traders remained cautious ahead of big tech earnings reports this week including IBM, Microsoft, Tesla, and Apple. So far 74% of S&P 500 companies that have reported results beat Wall Street estimates, but some key firms including Goldman Sachs and Netflix disappointed last week. The Dow Jones added as much as 100 points after plunging more than 1,100 points at the lows of the session, the S&P gained 0.3%, and the Nasdaq rose 0.6%, after being down 4.9%.2022-01-24T20:46:00"
Dow Jones below 34000,stock market,Dow Jones below 34000United States stock marketDow Jones decreased below 34000 points.2022-01-24T20:43:37.697
US Stocks Sell-off Sharply,Stock Market,"US Stocks Sell-off SharplyUnited States Stock MarketUS stocks sank further on Monday as traders remain cautious ahead of big tech earnings reports this week including IBM, Microsoft, Tesla, and Apple, and started finally pricing in that the Federal Reserve is set to raise rates three to four times this year and start quantitative tightening. So far 74% of S&P 500 companies that have reported results beat Wall Street estimates, but some key firms including Goldman Sachs and Netflix disappointed last week. The Dow dipped more than 900 points to the lowest since June, S&P 500 sank more than 3%, and Nasdaq pullback more than 4% around midday.2022-01-24T16:57:00.08"
US Service Sector Expands the Least in 1-1/2 Year,Services PMI,"US Service Sector Expands the Least in 1-1/2 YearUnited States Services PMIThe IHS Markit US Services PMI dropped to 50.9 in January 2022 from 57.6 in the previous month and well below market consensus of 55.0, a preliminary estimate showed. The latest reading pointed to the weakest pace of expansion in the service sector since July 2020, on the back of labor shortages, employee absences and the Omicron wave. New business growth softened to a four-month low, while employment rose at a modest pace and backlogs of work increased the least since May. On the price front, the increase in input costs was the joint-softest for almost a year despite being marked overall, while the rate of charge inflation accelerated to a series high. Finally, business confidence slipped to a three-month low amid concerns regarding the impact of inflation and the pandemic on demand over the coming months.2022-01-24T15:07:00"
US Factory Growth Lowest in 15 Months,Manufacturing PMI,"US Factory Growth Lowest in 15 MonthsUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 55 in January of 2022 from 56.7 in December, well below forecasts of 56.7, and pointing to the slowest growth in factory activity in 15 months, preliminary estimates showed. Output levels were broadly unchanged, as new order growth slowed to the softest rate since July 2020. Alongside labor and material shortages, firms noted that customers were keen to reduce spending amid sharp hikes in costs. The rate of cost inflation eased again and was the slowest since May 2021 and charge inflation was the least marked since April 2021. Labor shortages, a high turnover of staff and reports of the non-replacement of voluntary leavers led to the first decline in employment since July 2020. Finally, confidence was the highest since November 2020 amid hopes of stable supply flows and a reduction in the impact of COVID-19.2022-01-24T14:52:13.723"
US Stocks Sink,Stock Market,"US Stocks SinkUnited States Stock MarketUS stocks were sharply lower to start the week, with the Dow Jones falling more than 700 points, a 7th straight day of losses while the S&P 500 and the Nasdaq sank more than 2% as the tech sell-off continues. Traders remain cautious ahead of big tech earnings reports this week including IBM, Microsoft, Tesla, and Apple, after disappointing results last week from companies including Netflix and Goldman Sachs. Also, the Fed is expected to confirm a rate hike in March and a balance-sheet reduction later this year although the size of the rate hike is still uncertain. Meanwhile, geopolitical tensions between the US and Russia over Ukraine weighed on investors' mood as military action by Russia could come at any time.2022-01-24T14:35:00"
US-Russia Tensions and Fed Push the Dollar to 2-Week High,Currency,"US-Russia Tensions and Fed Push the Dollar to 2-Week HighUnited States CurrencyThe dollar index strengthened to a 2-week high above 96 on Monday, moving further away from 2-month lows of 94.8 early in the month amid flight to safety due to increasing tensions between the US and Russia and ahead of the Fed's monetary policy decision. Military action by Russia in Ukraine could come at any time and the US urged American citizens in Ukraine to leave immediately. Meanwhile, the Fed is set to conclude its two-day meeting on Wednesday, and although it is not expected to move rates, there has been rising expectations for the central bank to bring forward its tightening plans to tame persistently high inflation.2022-01-24T14:12:37.073"
"US Futures Reverse Gains, Earnings and Fed in Focus",Stock Market,"US Futures Reverse Gains, Earnings and Fed in FocusUnited States Stock MarketUS futures cut early gains on Monday, with contracts on the Dow Jones falling more than 200 points and both the S&P 500 and the Nasdaq losing more than 1%, following a broad sell-off last week. Traders remain cautious ahead of big tech earnings reports this week including IBM, Microsoft, Tesla, and Apple, after disappointing results last week from companies including Netflix and Goldman Sachs. Also, the Fed is expected to confirm a rate hike in March and a balance-sheet reduction later this year although the size of the rate hike is still uncertain. Meanwhile, geopolitical tensions between the US and Russia over Ukraine weighed on investors' moods as military action by Russia could come at any time. 2022-01-24T11:50:00"
"US Bond Yields Continue to Fall, Fed in Focus",Government Bond 10Y,"US Bond Yields Continue to Fall, Fed in FocusUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note continued to fall to 1.75% in the last week of January, the lowest in nearly 2 weeks, as stocks remain volatile and investors await the FOMC meeting. The Fed is set to raise the fed funds rate in March and reduce the balance-sheet later this year although the size of the rate hike is still uncertain. Meanwhile, tensions between the US and Russia mount after the US urged American citizens in Ukraine to leave immediately. 2022-01-24T09:44:00"
Dollar Firms Up Ahead of Fed Meeting,Currency,"Dollar Firms Up Ahead of Fed MeetingUnited States CurrencyThe dollar index firmed up above 95.8 on Monday and held onto the previous week's gains, as traders awaited fresh policy direction signals from the Federal Reserve meeting this week. The Fed is set to conclude its two-day meeting on Wednesday, and although it is not expected to move rates, there has been rising expectations for the central bank to bring forward its tightening plans to tame persistently high inflation. Goldman Sachs said Sunday that its baseline forecast calls for four rate hikes this year, but the bank sees a risk for more rate increases due to the surge in inflation. The dollar was also supported by increased safe-haven demand amid a global equity selloff and heightened geopolitical tensions. Meanwhile, the latest weekly jobless claims in the US unexpectedly jumped by the most since October, with some renewed virus-related disruptions at least temporarily impeding the labor market’s recovery.2022-01-24T06:33:00"
The Dow Jones Index falling 1.31%,Stock Market,"The Dow Jones Index falling 1.31%United States Stock MarketUnited States Stock Market is dropping 454 points. Leading the losses are Walt Disney (-4.16%), Boeing (-1.24%) and GS (-1.20%).2022-01-21T20:30:04.203"
Dollar Firms Up Ahead of Fed Meeting,Currency,"Dollar Firms Up Ahead of Fed MeetingUnited States CurrencyThe dollar index firmed up above 95.5 on Friday and was set to end the week higher, as traders braced for fresh hawkish signals from the Federal Reserve meeting next week. The US central bank is set to meet on Jan. 25-26, and although it is not expected to move rates, there has been strong hawkish commentary coming from policymakers. Last week, Fed chair Jerome Powell said that the US economy is ready for the rise in borrowing costs and that he sees a series of interest rate hikes this year. The dollar was also supported by increased safe-haven demand amid a global equity selloff and heightened geopolitical tensions. Meanwhile, weekly jobless claims in the US unexpectedly jumped last week by the most since October, with some renewed virus-related disruptions at least temporarily impeding the labor market’s recovery.2022-01-21T05:59:59.647"
Estée Lauder earnings below expectations at 2.62 USD,Earnings,"Estée Lauder earnings below expectations at 2.62 USDUnited States EarningsEstée Lauder (EL) released earnings per share at 2.62 USD, compared to market expectations of 2.64 USD.2022-01-20T23:56:17.97"
US 10Y traded above 1.8 percent,Government Bond 10Y,"US 10Y traded above 1.8 percentUnited States Government Bond 10YUS 10 Year Note Bond Yield rose above 1.8, according to over-the-counter interbank yield quotes for this government bond maturity.2022-01-20T23:49:28.093"
PPG Industries earnings above expectations at 1.26 USD,Earnings,"PPG Industries earnings above expectations at 1.26 USDUnited States EarningsPPG Industries (PPG) released earnings per share at 1.26 USD, compared to market expectations of 1.18 USD.2022-01-20T21:41:19.37"
SVB Financial earnings below expectations at 6.22 USD,Earnings,"SVB Financial earnings below expectations at 6.22 USDUnited States EarningsSVB Financial (SIVB) released earnings per share at 6.22 USD, compared to market expectations of 6.52 USD.2022-01-20T21:41:12.69"
CSX earnings above expectations at 0.42 USD,Earnings,"CSX earnings above expectations at 0.42 USDUnited States EarningsCSX (CSX) released earnings per share at 0.42 USD, compared to market expectations of 0.41 USD.2022-01-20T21:41:05.083"
Intuitive Surgical earnings above expectations at 1.30 USD,Earnings,"Intuitive Surgical earnings above expectations at 1.30 USDUnited States EarningsIntuitive Surgical (ISRG) released earnings per share at 1.30 USD, compared to market expectations of 1.28 USD.2022-01-20T21:40:56.373"
Netflix earnings above expectations at 1.33 USD,Earnings,"Netflix earnings above expectations at 1.33 USDUnited States EarningsNetflix (NFLX) released earnings per share at 1.33 USD, compared to market expectations of 0.85 USD.2022-01-20T21:40:46.3"
US Crude Inventories Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories increased by 0.515 million barrels in the week ending January 14th, the first increase since November and compared to market forecasts of a 0.938 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories rose by 5.873 million barrels, more than an expected 2.634 million increase.2022-01-20T16:06:00"
Union Pacific earnings above expectations at 2.66 USD,Earnings,"Union Pacific earnings above expectations at 2.66 USDUnited States EarningsUnion Pacific (UNP) released earnings per share at 2.66 USD, compared to market expectations of 2.62 USD.2022-01-20T14:33:40.357"
Factory Activity in Philadelphia Above Forecasts,Philadelphia Fed Manufacturing Index,"Factory Activity in Philadelphia Above ForecastsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US increased to 23.2 in January of 2022 from a 1-year low of 15.4 in December and above market expectations of 20. The survey’s indicators for general activity, shipments, and new orders posted modest increases after falling sharply last month. The employment index remained positive but decreased. The price indexes remained elevated. Responding firms remained generally optimistic about growth over the next six months.2022-01-20T13:43:00"
Travelers Companies earnings above expectations at 5.20 USD,Earnings,"Travelers Companies earnings above expectations at 5.20 USDUnited States EarningsTravelers Companies (TRV) released earnings per share at 5.20 USD, compared to market expectations of 3.86 USD.2022-01-20T11:59:42.287"
US Treasury Yields Ease from 2-Year Highs,Government Bond 10Y,US Treasury Yields Ease from 2-Year HighsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note edged down for a second day to 1.84% on Thursday after touching a fresh pandemic high of 1.9% early in the week. The bond selloff apparently eased as investors digest prospects of a bigger than 25 basis points hike in the fed funds rate by March and focus on the economic recovery and earnings. 2022-01-20T08:51:00
Dollar Remains Supported by Elevated Yields,Currency,"Dollar Remains Supported by Elevated YieldsUnited States CurrencyThe dollar index traded around 95.5 on Thursday, slipping from a 1-week high of 95.83 hit on Jan. 18, but kept from further losses by elevated US bond yields. The benchmark 10-year yield reached a 2-year high of 1.9% on Wednesday as traders braced for a more aggressive tightening by the Federal Reserve to tame persistently high inflation. The US central bank is set to meet on Jan. 25-26, and although it is not expected to move rates, there has been strong hawkish commentary coming from policymakers. Last week, Fed chair Jerome Powell said that the US economy is ready for the rise in borrowing cost and that he sees a series of interest rate hikes this year.2022-01-20T05:56:14.743"
Dow Jones below 35000,stock market,Dow Jones below 35000United States stock marketDow Jones decreased below 35000 points.2022-01-19T23:52:23.887
Discover Financial Services earnings below expectations at 3.64 USD,Earnings,"Discover Financial Services earnings below expectations at 3.64 USDUnited States EarningsDiscover Financial Services (DFS) released earnings per share at 3.64 USD, compared to market expectations of 3.72 USD.2022-01-19T23:52:22.103"
Kinder Morgan earnings above expectations at 0.27 USD,Earnings,"Kinder Morgan earnings above expectations at 0.27 USDUnited States EarningsKinder Morgan (KMI) released earnings per share at 0.27 USD, compared to market expectations of 0.25 USD.2022-01-19T23:52:09.707"
Dollar Slips But Remains Supported by Rate Hike,Currency,"Dollar Slips But Remains Supported by Rate HikeUnited States CurrencyThe dollar index traded around 95.5 on Wednesday, slipping from a one-week high of 95.73 hit on January 18th, as US Treasury yields retreated to below 1.85%. Still, the dollar index remained supported by expectations of a first rate hike by the Fed in March, while the bets are rising that it may be bigger than 25 basis points. Meanwhile, the US central bank is set to meet on Jan. 25-26, and although it is not expected to move rates, there has been strong hawkish commentary coming from policymakers. Last week, Fed chair Jerome Powell said that the US economy is ready for the rise in borrowing cost and that he sees a series of interest rate hikes this year.
2022-01-19T16:48:46.543"
ProLogis earnings above expectations at 1.67 USD,Earnings,"ProLogis earnings above expectations at 1.67 USDUnited States EarningsProLogis (PLD) released earnings per share at 1.67 USD, compared to market expectations of 0.71 USD.2022-01-19T15:51:12.603"
US Building Permits Hit 11-Month High,Building Permits,"US Building Permits Hit 11-Month HighUnited States Building PermitsBuilding permits in the United States surged 9.1 percent from a month earlier to a seasonally adjusted annual rate of 1.873 million in December 2021, the highest level since January and well above market expectations of 1.701 million, supported by an acute shortage of homes available for sale. Still, homebuilding activity is seen slowing in the coming months, amid rising mortgage rates, supply constraints and higher house prices. In addition, the US government nearly doubled duties on imported Canadian softwood lumber in November. The volatile multi-segment jumped 21.9 percent to a rate of 745 thousand in December and single-family authorizations advanced 2.0 percent to a rate of 1.128 million. Considering 2021 as a whole, building permits were estimated at 1.725 million, up 17.2 percent from 1.471 million in 2020.2022-01-19T13:35:00"
State Street earnings above expectations at 2.00 USD,Earnings,"State Street earnings above expectations at 2.00 USDUnited States EarningsState Street (STT) released earnings per share at 2.00 USD, compared to market expectations of 1.88 USD.2022-01-19T13:19:55.377"
US Bancorp earnings below expectations at 1.07 USD,Earnings,"US Bancorp earnings below expectations at 1.07 USDUnited States EarningsUS Bancorp (USB) released earnings per share at 1.07 USD, compared to market expectations of 1.10 USD.2022-01-19T13:19:03.177"
Morgan Stanley earnings above expectations at 2.08 USD,Earnings,"Morgan Stanley earnings above expectations at 2.08 USDUnited States EarningsMorgan Stanley (MS) released earnings per share at 2.08 USD, compared to market expectations of 1.94 USD.2022-01-19T12:48:31.93"
Bank Of America earnings above expectations at 0.82 USD,Earnings,"Bank Of America earnings above expectations at 0.82 USDUnited States EarningsBank Of America (BAC) released earnings per share at 0.82 USD, compared to market expectations of 0.77 USD.2022-01-19T12:43:09.47"
Procter & Gamble earnings below expectations at 1.66 USD,Earnings,"Procter & Gamble earnings below expectations at 1.66 USDUnited States EarningsProcter & Gamble (PG) released earnings per share at 1.66 USD, compared to market expectations of 1.66 USD.2022-01-19T12:42:08.403"
UnitedHealth earnings above expectations at 4.48 USD,Earnings,"UnitedHealth earnings above expectations at 4.48 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 4.48 USD, compared to market expectations of 4.31 USD.2022-01-19T12:41:09.6"
US 10-Year Treasury Yield Approaches 2%,Government Bond 10Y,"US 10-Year Treasury Yield Approaches 2%United States Government Bond 10YThe yield on the benchmark US 10-year Treasury note increased for a 3rd consecutive session and hit a fresh pre-pandemic high of 1.9% on Wednesday, before paring some gains to settle around 1.85%. Investors expect the first Fed hike in March and the bets are rising that it may be bigger than 25 basis points. Meanwhile, the BoE will likely deliver one more rate hike next month and expectations for the timing of the first ECB rate hike have been brought forward to September. 2022-01-19T09:00:00"
Dollar Supported by Elevated Yields,Currency,"Dollar Supported by Elevated YieldsUnited States CurrencyThe dollar index traded firmly above 95.5 on Wednesday, recovering further from a 2-month low of 94.63 hit on Jan. 14th, lifted by elevated US yields as traders braced for a more aggressive tightening by the Federal Reserve. The benchmark 10-year yield reached a 2-year high of 1.89% on Wednesday, while the 2-year Treasury yield leapt 15 basis points over two sessions to cross 1%. The US central bank is set to meet on Jan. 25-26, and although it is not expected to move rates, there has been strong hawkish commentary coming from policymakers. Last week, Fed chair Jerome Powell said that the US economy is ready for the rise in borrowing cost and that he sees a series of interest rate hikes this year.2022-01-19T06:26:21.543"
US Capital Flows Rise for 10th Month,Capital Flows,"US Capital Flows Rise for 10th MonthUnited States Capital FlowsThe United States recorded a capital and financial account surplus of USD 91 billion in August of 2021, the 10th straight month of increases, following an upwardly revised USD 164.1 billion in the previous month. Foreign investors bought USD 30.7 billion in Treasuries in August, compared with an inflow of USD 10.2 billion in July. Meanwhile, foreigners bought USD 79.3 billion of long-term US securities, after purchasing USD 2 billion in the previous month2022-01-18T21:06:00"
Wall Street Plunges to Multi-Week Lows,Stock Market,"Wall Street Plunges to Multi-Week LowsUnited States Stock MarketThe 3 main US stock indexes plunged on Tuesday, hitting multi-week lows pressured by financials after disappointing earnings reports, and tech shares amid soaring Treasury yields. The benchmark 10-year note hit 1.86%, its highest since January 2020 as many investors believe the Fed will need to tight monetary policy earlier than expected. Meanwhile, the earnings season gathered pace. Goldman Sachs's earnings and profits missed estimates, sending the bank's shares down almost 7%. At the same time, Microsoft dropped 2.3% after the company announced a $68.7 billion deal to buy video game company, Activision Blizzard. Also, Gap plunged more than 6% after Morgan Stanley downgraded the company to “underweight” from “equal-weight”. The Dow erased as much as 550 points to the lowest since December 20th, the S&P 500 dropped 1.8% to also touch levels not seen since December 20th, and the Nasdaq Composite plunged 2.6% to the lowest since October 12th.2022-01-18T21:01:00"
The Dow Jones Index falling 1.56%,Stock Market,"The Dow Jones Index falling 1.56%United States Stock MarketUnited States Stock Market is dropping 562 points. Leading the losses are GS (-6.84%), JPMorgan (-4.09%) and Cisco Systems (-2.82%).2022-01-18T20:30:19.483"
Wall Street Plunges to Multi-Week Lows,Stock Market,"Wall Street Plunges to Multi-Week LowsUnited States Stock MarketThree main US stock indexes lost around 2%, hitting multi-week lows pressured by financials amid disappointing earnings reports, and tech shares amid soaring Treasury yields. The benchmark 10-year note hit 1.86%, its highest since January 2020 as many investors believe the Fed will need to tight monetary policy earlier than expected. Meanwhile, the earnings season gathered pace. Goldman Sachs's earnings and profits missed estimates, sending the bank's shares down 8% while earnings from the Bank of New York Mellon topped forecasts. At the same time, Microsoft dropped 1.2% after the company announced a $68.7 billion deal to buy video game company, Activision Blizzard. Also, Gap plunged more than 7% after Morgan Stanley downgraded the company to “underweight” from “equal-weight”. The Dow erased more than 550 points to the lowest since December 20th, the S&P 500 dropped 1.8% to touch levels not seen since December 3rd, and the Nasdaq Composite plunged 2.3% to the lowest since October 12th.2022-01-18T18:17:00"
S&P 500 Hits 4-week Low,Stock Market,S&P 500 Hits 4-week LowUnited States Stock MarketUS500 decreased to a 4-week low of 45822022-01-18T17:26:59.81
Russell 2000 Hits 4-week Low,Stock Market,Russell 2000 Hits 4-week LowUnited States Stock MarketUS2000 decreased to a 4-week low of 21172022-01-18T16:41:01.62
US Homebuilder Sentiment Falls Slightly: NAHB,Nahb Housing Market Index,"US Homebuilder Sentiment Falls Slightly: NAHBUnited States Nahb Housing Market IndexThe NAHB housing market index in the US fell by 1 point to 83 in January of 2022 from a 10-month high of 84 in December, and slightly below market forecasts of 84. The home sales over the next six months sub-index fell to 83 from an upwardly revised 85 and the gauge for prospective buyers declined to 69 from 71. Meanwhile, the current single-family sub-index was steady at 90. ""While lean existing home inventory and solid buyer demand are supporting the need for new construction, the combination of ongoing increases for building materials, worsening skilled labor shortages and higher mortgage rates point to declines for housing affordability in 2022"", said Robert Dietz, NAHB’s chief economist.
2022-01-18T15:04:00"
"US Stocks Sharply Lower on Treasury Yields, Earnings",Stock Market,"US Stocks Sharply Lower on Treasury Yields, EarningsUnited States Stock MarketThe 3 main US stock indexes lost around 1.5% each on Tuesday, pressured by financials and tech shares amid soaring Treasury yields, due to concerns that central banks and specially the Fed will need to tight monetary policy earlier than expected. Meanwhile, the earnings season gathered pace. Goldman Sachs earnings and profits missed estimates, sending the bank's shares down 8%. On the other hand, earnings from Bank of New York Mellon topped forecasts. At the same time, stocks of Microsoft dropped 1.2% after announcing a $68.7 billion deal to buy video game company Activision Blizzard. Stocks of Gap plunged more than 7% after Morgan Stanley downgraded the company's stock to “underweight” from “equal-weight”. 2022-01-18T14:39:00"
Charles Schwab earnings below expectations at 0.86 USD,Earnings,"Charles Schwab earnings below expectations at 0.86 USDUnited States EarningsCharles Schwab (SCHW) released earnings per share at 0.86 USD, compared to market expectations of 0.88 USD.2022-01-18T14:03:14.803"
US Futures Point to Big Losses at the Open,Stock Market,"US Futures Point to Big Losses at the OpenUnited States Stock MarketUS futures slipped on Tuesday, with contracts on the 3 main averages losing around 1% each, pressured by tech shares amid soaring Treasury yields, due to concerns that central banks and specially the Fed will need to tight monetary policy earlier than expected. Meanwhile, the earnings season gathered pace. Goldman Sachs earnings and profits missed estimates, sending the bank's shares down 2% in premarket trading. On the other hand, earnings from Bank of New York Mellon topped forecasts. At the same time, stocks of Gap were down more than 5% in premarket trading after Morgan Stanley downgraded the company's stock to “underweight” from “equal-weight”. Also, shares of Unilever tumbled almost 10% after company made a $68 billion bid for GlaxoSmithKline’s consumer business. 2022-01-18T13:01:00"
Goldman Sachs earnings below expectations at 10.81 USD,Earnings,"Goldman Sachs earnings below expectations at 10.81 USDUnited States EarningsGoldman Sachs (GS) released earnings per share at 10.81 USD, compared to market expectations of 11.73 USD.2022-01-18T12:31:37.27"
Bank Of New York Mellon earnings above expectations at 1.04 USD,Earnings,"Bank Of New York Mellon earnings above expectations at 1.04 USDUnited States EarningsBank Of New York Mellon (BK) released earnings per share at 1.04 USD, compared to market expectations of 1.01 USD.2022-01-18T12:00:17.503"
PNC earnings above expectations at 3.68 USD,Earnings,"PNC earnings above expectations at 3.68 USDUnited States EarningsPNC (PNC) released earnings per share at 3.68 USD, compared to market expectations of 3.26 USD.2022-01-18T12:00:11.23"
Truist Financial Corp earnings above expectations at 1.38 USD,Earnings,"Truist Financial Corp earnings above expectations at 1.38 USDUnited States EarningsTruist Financial Corp (TFC) released earnings per share at 1.38 USD, compared to market expectations of 1.13 USD.2022-01-18T10:58:28.243"
US Treasury Yields Soar,Government Bond 10Y,"US Treasury Yields SoarUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note increased to 1.85% on Tuesday, the highest since January 2020, amid mounting concerns the Fed will need to adopt a tighter monetary policy to fight hot inflation. The odds are rising the Fed will raise the fed funds rate in March and many investors bet on 4 or more rate hikes for this year. Meanwhile, the 2-year yields jumped above 1% for the first time since 2020. The US bond market was closed on Monday for the Martin Luther King Jr. holiday. 2022-01-18T08:12:00"
US Futures Little Changed to Start the Week,Stock Market,"US Futures Little Changed to Start the WeekUnited States Stock MarketUS futures were around the flatline on Monday as investors await the earnings season to gather pace this week after mixed earnings reports from big banks on Friday while Treasury yields continue to march higher amid prospects of a faster Fed tightening. Meanwhile, the PBoC accelerated its pace of policy easing after fresh figures showed the Chinese economy slowed in Q4 last year. Last week, both the Dow (-0.9%) and the S&P (-0.3%) extended losses for a 2nd consecutive week and the Nasdaq declined for a third week (-0.3%). US stock and bond markets are closed on Monday for the Martin Luther King Jr. holiday.2022-01-17T09:09:36.443"
Dollar Gains Ground on Hawkish Fed Expectations,Currency,"Dollar Gains Ground on Hawkish Fed ExpectationsUnited States CurrencyThe dollar index traded above 95 on Monday, holding onto a late week bounce from the previous session as the hawkish US rates outlook remained intact ahead of the Federal Reserve’s January meeting. The US central bank is set to meet on Jan. 25-26, and although it is not expected to move rates, there has been strong hawkish commentary coming from policymakers. Fed chair Jerome Powell said last week that the US economy is ready for the start of tighter monetary policy, while other Fed officials signaled the first potential rate hike in March. Meanwhile, the benchmark 10-year Treasury yield hovered pre-pandemic highs after closing at 1.79% on Friday, providing support to the dollar. The US consumer price index also rose 7% in December from a year earlier, accelerating at its fastest pace in nearly four decades, bolstering the case for a more aggressive tightening by the Fed.2022-01-17T06:02:32.513"
The Dow Jones Index decreasing 0.80%,Stock Market,"The Dow Jones Index decreasing 0.80%United States Stock MarketUnited States Stock Market is falling 288 points. Losses were driven by JPMorgan (-6.46%), Home Depot (-3.86%) and American Express (-3.40%). Biggest rises came from Amgen (1.69%), Chevron (1.58%) and Microsoft (1.58%).2022-01-14T20:30:09.627"
Sherwin-Williams earnings below expectations at 1.35 USD,Earnings,"Sherwin-Williams earnings below expectations at 1.35 USDUnited States EarningsSherwin-Williams (SHW) released earnings per share at 1.35 USD, compared to market expectations of 1.69 USD.2022-01-14T15:49:38.853"
DXY Heads for Biggest Weekly Drop in 8 Months,Currency,"DXY Heads for Biggest Weekly Drop in 8 MonthsUnited States CurrencyThe dollar index edged up to around 95 on Friday but was still heading for its biggest weekly loss in eight months after investors unwound hawkish bets on the US rates outlook. Markets anticipate three Fed funds rate hikes this year with the first one coming in March, but there are signs emerging that the central bank may be more cautious in reducing its balance sheet. The latest data showed retail sales and industrial production unexpectedly declined in the last month of 2021 and consumer sentiment fell in early January to the second-lowest level in a decade and below market expectations. Earlier data showed the inflation rate came in line with forecasts and producer inflation eased slightly. 2022-01-14T15:46:00"
US Business Inventories Match Forecasts,Business Inventories,"US Business Inventories Match ForecastsUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 1.3 percent from a month earlier in November of 2021, the same as in the previous month and in line with market expectations. Stocks rose at retailers (2 percent vs 0.3 percent), merchant wholesalers (1.4 percent vs 2.5 percent) and manufacturers (0.7 percent vs 0.9 percent). Year-on-year, business inventories climbed 8.7 percent in November. 2022-01-14T15:05:05.69"
US Export Prices Unexpectedly Fall,Export Prices MoM,"US Export Prices Unexpectedly FallUnited States Export Prices MoMPrices for US exports decreased 1.8 percent from a month earlier in December of 2021, the most since a 3.5 percent fall in April 2020, after a downwardly revised 0.8 percent rise in November and compared to market expectations of a 0.3 percent increase. Nonagricultural export charges declined 2.1 percent, the most since April 2020 as lower prices for nonagricultural industrial supplies and materials and nonagricultural food more than offset higher prices for capital goods and consumer goods.  Meanwhile, prices for agricultural exports increased 0.8 percent as higher prices for soybeans, fruit, cotton, dairy products, and corn more than offset lower prices for nuts and meat. Year-on-year, export prices rose 14.7 percent, the least since March and easing from an 18.2 percent advance in the previous month. 2022-01-14T13:35:00"
US Import Prices Unexpectedly Fall,Import Prices MoM,"US Import Prices Unexpectedly FallUnited States Import Prices MoMThe price index for US imports dropped 0.2 percent from a month earlier in December 2021, following a 0.7 percent increase in November and missing market expectations of a 0.3 percent rise. It was the first monthly decrease since August as import fuel prices decreased 6.5 percent, the most since April 2020, due to a 6.0 percent fall in petroleum cost and a 13.7 percent decline in natural gas prices. Meanwhile, nonfuel import prices rose 0.5 percent for the third consecutive month in December, boosted by prices for nonfuel industrial supplies and materials; consumer goods; foods, feeds, and beverages; automotive vehicles; and capital goods. On a yearly basis, US import prices increased 10.4 percent in December.2022-01-14T13:32:00"
Citigroup earnings above expectations at 1.99 USD,Earnings,"Citigroup earnings above expectations at 1.99 USDUnited States EarningsCitigroup (C) released earnings per share at 1.99 USD, compared to market expectations of 1.57 USD.2022-01-14T13:29:50.907"
"US Futures Little Changed, Earnings in Focus",Stock Market,"US Futures Little Changed, Earnings in FocusUnited States Stock MarketUS futures were around the flatline on Friday as investors turn their attention to earnings reports from big banks while concerns of a more aggressive Fed tightening lingered after comments from several officials including Fed Governor Lael Brainard showed a reduction in inflation is the Fed’s “most important task”. On the corporate front, earnings from JPMorgan Chase and Wells Fargo beat estimates and Citigroup is also due to report today. On the week, both the Dow (-0.3%) and the S&P (-0.4%) are on track for their second straight week of losses, while the Nasdaq (-0.9%) is set to decline for a third week.2022-01-14T12:33:11.82"
Treasury Yields Edge Higher to End the Week,Government Bond 10Y,"Treasury Yields Edge Higher to End the WeekUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged higher to 1.79% on Friday, remaining close to 2-year highs of 1.8% early in the week as investors wonder if the Fed will need to adopt a tighter monetary policy to fight hot inflation. Fed Chair remarks at his Senate confirmation hearing on Tuesday eased some worries over a more hawkish approach but later comments from Fed Governor Lael Brainard, and officials Patrick Harker and Charles Evans raised further concerns the Fed will be more aggressive. Meanwhile, US inflation came in line with expectations, staying at levels not see since 1982 but producer inflation unexpectedly slowed. US stock and bond markets are closed on Monday for the Martin Luther King Jr. holiday.2022-01-14T09:58:00"
Dollar Heads for Biggest Weekly Loss in 8 Months,Currency,"Dollar Heads for Biggest Weekly Loss in 8 MonthsUnited States CurrencyThe dollar index slipped further below 94.9 on Friday, and was headed for its biggest weekly loss in eight months after investors unwound hawkish bets on the US rates outlook. The December consumer price index rose at the fastest pace in nearly four decades, but failed to support the dollar further as it came in line with expectations and has largely been priced in by the markets. Federal Reserve chair Jerome Powell also dashed expectations of a more aggressive tightening in a Congressional testimony earlier this week. Meanwhile, investors await more data releases to guide the outlook for monetary policy, as signs of strong economic growth could reinforce a faster pace toward policy normalization.2022-01-14T05:28:48.123"
Dollar at Over 2-Month Low,currency,"Dollar at Over 2-Month LowUnited States currencyThe dollar index extended losses for a 3rd consecutive session to below 95 on Thursday, the lowest in over 2 months, amid easing concerns the Fed will have to adopt a more aggressive monetary policy. Inflation rate came in line with forecasts and producer inflation eased slightly in the last month of 2021. Markets are already pricing in a fed funds rate hike as early as March.2022-01-13T14:02:00"
US Futures Rise after PPI Report,Stock Market,"US Futures Rise after PPI ReportUnited States Stock MarketUS futures rose on Thursday after producer inflation slowed in December, with gasoline costs dropping sharply compared to November, and adding to further evidence the Fed will not need to raise rates at a faster pace than early announced. At the same time, initial jobless claims rose in the first week of the year when the omicron spread started to disrupt activity, but remained within a level consistent with a healthy job market. Contracts on the Dow Jones futures were up around 100 points and both the S&P 500 and the Nasdaq added around 0.2% each. On the corporate front, Delta shares rose 2.2% in the premarket trading after the company's earnings beat forecasts. Stocks of Boeing were also higher (2.6%) after Bloomberg reported the 737 MAX jet is poised to resume commercial flights in China as soon as this month. 2022-01-13T14:00:00"
Treasury Yields Remain Off Recent Highs,Government Bond 10Y,"Treasury Yields Remain Off Recent Highs United States Government Bond 10YThe yield on the benchmark 10-year Treasury note was around 1.75% on Thursday, remaining below 2-year highs of 1.8% early in the week, as worries the Fed will need to take a more hawkish approach started to fade, following Fed Chair remarks at his Senate confirmation hearing. Powell said that there will be a long road to normal and that the balance sheet should runoff later this year. Meanwhile, US inflation came in line with expectations, staying at levels not see since 1982.  On Wednesday, a Treasury auction of $36 billion in 10-year notes saw better-than-average demand for the debt at 2.51 times the notes on sale.2022-01-13T10:10:51.783"
Dollar Holds Near 2-Month Low,Currency,"Dollar Holds Near 2-Month LowUnited States CurrencyThe dollar index declined for a 3rd straight session to below 95 on Thursday, as hot inflation data did not have much of an effect on an already hawkish rate outlook. The December consumer price index increased 7% from a year earlier, accelerating at its fastest pace since June 1982. However, the hot inflation report failed to support the dollar further as it came in line with expectations and has been largely priced in to the markets. Moreover, Federal Reserve chair Jerome Powell dashed expectations for a more hawkish approach in a Congressional testimony earlier this week. While acknowledging that the US economy was ready for higher interest rates and quantitative tightening to combat inflation, he said policymakers were still debating approaches to reducing the Fed’s balance sheet which could take up to four meetings to arrive at such a decision.2022-01-13T06:27:00"
Dollar Index Hits 8-week Low,currency,Dollar Index Hits 8-week LowUnited States currencyDXY decreased to a 8-week low of 95.1322022-01-12T16:04:53.12
US Reports Bigger-Than-Expected Draw in Crude Stocks,Crude Oil Stocks Change,"US Reports Bigger-Than-Expected Draw in Crude StocksUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 4.553 million barrels in the week ending January 7th, extending the current period of declines to seven weeks and compared with market forecasts of a 1.904 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories were up by 7.961 million barrels, more than an expected 2.408 million increase.2022-01-12T15:34:41.54"
US Stocks Rise after Inflation Report,Stock Market,"US Stocks Rise after Inflation ReportUnited States Stock MarketUS stocks were higher on Wednesday, with the Dow Jones rising almost 200 points, the S&P 500 0.5% and the Nasdaq nearly 1% after inflation figures in the US came in line with forecasts, easing concerns that the Fed will need to tighten faster than early announced. Also, Treasury yields edged lower, giving the tech sector some relief. On the corporate front, Microsoft shares (1.6%) were among the top performers in the Dow while J&J dropped 1.2%. Also, Biogen shares sank 8% after Medicare said it will only partially cover the Alzheimer’s drug Aduhelm. Traders now turn their attention to the earnings season with Wells Fargo, Citigroup, JPMorgan due to report Friday. 2022-01-12T14:39:00"
US Futures Rise after Inflation Report,Stock Market,"US Futures Rise after Inflation ReportUnited States Stock MarketUS futures moved higher on Wednesday after inflation figures in the US came in line with forecasts, easing concerns that the Fed will need to tighten faster than early announced. Minutes after the release, the Dow rose more than 100 points while both the S&P 500 and the Nasdaq added around 0.5% each. Traders now turn their attention to the earnings season with Wells Fargo, Citigroup, JPMorgan due to report Friday. On the corporate front, Biogen shares sank 9.1% in premarket trading after Medicare said it will only partially cover the Alzheimer’s drug Aduhelm.2022-01-12T13:48:00"
US 10-Year Bond Yield Eases After CPI Data,Government Bond 10Y,"US 10-Year Bond Yield Eases After CPI DataUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note touched a session high of 1.74% on Wednesday, before cutting some gains to fall slightly below 1.72%, after economic data showed the US consumer price inflation hit an over four-decade high of 7% in December as expected, while the core index rose 5.5%, the most since 1991 and slightly above market forecasts. Investors see three interest rate hikes by the US Federal Reserve this year.2022-01-12T13:42:00"
"Mortgage Applications Up, Rates at 2-Year High: MBA",Mortgage Applications,"Mortgage Applications Up, Rates at 2-Year High: MBAUnited States Mortgage ApplicationsMortgage applications in the US increased 1.4% in the first week of January, led by a 2.2% rise in the purchase index while applications to refinance a mortgage edged down 0.1%, data from the Mortgage Bankers Association showed. The rise in housing finance comes amid a spike in the average fixed 30-year mortgage rate increased to 3.52%, the highest since March 2020. Still, compared to the previous year, applications were still 17% lower and the refinance index fell 50%. “Mortgage rates increased significantly across all loan types last week as the Federal Reserve’s signaling of tighter policy ahead pushed US Treasury yields higher. The housing market started 2022 on a strong note. Both conventional and government purchase applications showed increases, with FHA purchase applications increasing almost 9%, and VA applications increasing more than 5%”, said Joel Kan, an MBA economist.2022-01-12T12:10:00"
US Bond Yield Rally Pauses,Government Bond 10Y,"US Bond Yield Rally Pauses United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged lower for a 3rd straight session to 1.74% on Wednesday, after touching a 2-year high of 1.8% early in the week, as investors await the US inflation report due early in the morning and after Fed Chair Powell remarks before the Senate dashed expectations for a more hawkish approach. Meanwhile, a $36 billion auction of 10-year bonds will also be in the spotlight2022-01-12T11:01:26.677"
Dollar Holds Decline as CPI Test Looms,Currency,"Dollar Holds Decline as CPI Test LoomsUnited States CurrencyThe dollar index hovered around the 95.5 level on Wednesday, after falling in the previous session to its weakest since November as Federal Reserve chair Jerome Powell dashed market expectations for a more hawkish approach. While acknowledging that the US economy was ready for higher interest rates and quantitative tightening to combat inflation, he said policymakers were still debating approaches to reducing the Fed’s balance sheet which could take up to four meetings to arrive at such a decision. Meanwhile, investors await US inflation data due later today to gain fresh insight on the economy and the likely direction of monetary policy. The US core CPI is expected to have risen by 5.4% in December, its highest in decades, and up from 4.9% in the previous month.2022-01-12T06:09:02.517"
Dollar Index Hits 6-week Low,currency,Dollar Index Hits 6-week LowUnited States currencyDXY decreased to a 6-week low of 95.57 after Federal Reserve Chair Jerome Powell’s testimony signaled that while the Fed will be normalizing policy it has not made a decision on reducing its nearly $9 trillion balance sheet. Powell’s overall message on Tuesday was less hawkish than some market participants had expected.2022-01-12T00:46:00
US Treasury Yields Steady Around 2-Year High,Government Bond 10Y,"US Treasury Yields Steady Around 2-Year High United States Government Bond 10YThe yield on the benchmark 10-year Treasury note was around 1.76% in the second week of January, the highest since January of 2020, as investors bet the Fed will have to tighten monetary policy faster than initially anticipated, following hawkish FOMC minutes released last week. On the other hand, Powell remarks before the Senate dashed markets' expectations for a more hawkish approach. Fed’s chairman said that there will be a long road to normal and that the balance sheet should runoff later this year, while the impacts of the covid-19 on the labor market may be short-lived. Still, inflation worries remain and Fed will keep adopting the necessary measures to tame the sharp increase in prices. Meanwhile, the 3-year note auction today showed that the Treasury sold $52 billion at a high rate of 1.237% with only 5.4% of bids at this rate.2022-01-11T18:11:32.367"
Dollar Weakens After Powell Testifies,Currency,"Dollar Weakens After Powell Testifies United States CurrencyThe dollar index weakened to below  95.7 on Tuesday after Powell remarks before the Senate dashed markets' expectations for a more hawkish approach. Fed’s chairman said that there will be a long road to normal and the impacts of the covid-19 on the labor market may be short-lived. Also, Fed officials have dropped hints they may start shrinking their asset portfolio soon after they raise rates, with the Powell saying such a process could begin “perhaps later this year.” At the same time, Fed reassured that the rates can be raised more if needed. Meanwhile, the US core CPI is expected to have risen by 5.4% in December, its highest in decades, and up from 4.9% in the previous month.


2022-01-11T16:29:00"
Dow and S&P Extend Losses,Stock Market,"Dow and S&P Extend LossesUnited States Stock MarketThe Dow Jones fell for a 5th straight session and was down around 200 points on Tuesday and the S&P 500 extended losses for a 6th day, its longest losing streak since February 2020 while the Nasdaq swung between small gains and losses. Investors followed Fed Chair Senate confirmation hearing which strengthened the case for a tighter monetary policy. Meanwhile, the US inflation report due tomorrow is likely to show that inflationary pressures persisted in the end of the year. On the corporate front, shares of Intel rose 0.4% after the company named Micron Technology Chief Financial Officer David Zinsner as its new CFO while IBM stocks were down 4% after UBS downgraded it to “sell” from “neutral.2022-01-11T15:37:00"
Wall Street Retreats ahead of Powell Hearing,Stock Market,"Wall Street Retreats ahead of Powell HearingUnited States Stock MarketUS stocks were lower on Tuesday, as Treasury yields remain elevated and investors await Fed Chair Powell Senate confirmation hearing for any updates on the central bank's policies to curb high inflation although his prepared remarks gave no further clues on the central bank plans. The US inflation report due tomorrow is likely to show that inflationary pressures persisted in the end of the year, strengthening the case for a faster monetary policy tightening. The Dow Jones fell almost 100 points while both the S&P 500 and the Nasdaq were down around 0.3% each. On the corporate front, shares of Intel rose 0.8% after the company named Micron Technology Chief Financial Officer David Zinsner as its new CFO while IBM stocks were down 4% after UBS downgraded it to “sell” from “neutral.2022-01-11T14:34:00"
US Small Business Optimism at 3-Month High,NFIB Business Optimism Index,"US Small Business Optimism at 3-Month HighUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index in the United States increased to a 3-month high of 98.9 in December of 2021 from 98.4 in November, beating market forecasts of 98.6. More firms are planning to increase employment and capital outlays, improving earnings. There was also a slight recovery in expectations of business conditions over the next six months. Also, the share of owners raising average selling prices decreased two points to 57% and 49% of owners reported job openings that could not be filled, up a point from November.2022-01-11T11:34:00"
"US Futures Rebound, Powell Hearing Awaited",Stock Market,"US Futures Rebound, Powell Hearing AwaitedUnited States Stock MarketUS futures were higher on Tuesday, with contracts on the Dow Jones rising more than 100 points while both the S&P and the Nasdaq added around 0.5% each, led by a rebound in tech shares as Treasury yields stabilized. Meanwhile, traders await Fed Chair Powell Senate confirmation hearing for any updates on the central bank's policies to curb high inflation. Investors also await the inflation report due tomorrow which is likely to show that inflationary pressures persisted in the end of the year, and strengthening the case for a faster monetary policy tightening. On Monday, the Dow Jones ended 163 points lower at 36069, the S&P 500 lost 0.1% to 4670 and the Nasdaq finished little changed at 14943.2022-01-11T09:56:00"
Dollar Steadies as Traders Eye Inflation Data,Currency,"Dollar Steadies as Traders Eye Inflation DataUnited States CurrencyThe dollar index steadied near the 96 level on Tuesday, after facing volatility in the previous session, as traders await key US inflation data to guide the outlook for monetary policy. Markets also expect further hawkish commentary from Federal Reserve chair Jerome Powell as he testifies before the Senate, along with other Fed officials who are scheduled to speak in separate events. The US core CPI which is due for release on Wednesday is expected to have risen to by 5.4% in December, its highest in decades, and up from 4.9% in the previous month. The benchmark US 10-year yield hit an almost 2-year high on Monday above 1.8%, driven by increasing expectations of a more aggressive policy tightening by the central bank. Goldman Sachs also expects the Fed to raise rates four times this year and begin reducing its balance sheet as soon as July.2022-01-11T05:37:31.88"
The Dow Jones Index falling 0.85%,Stock Market,"The Dow Jones Index falling 0.85%United States Stock MarketUnited States Stock Market is dropping 310 points. Leading the losses are Nike (-4.73%), Boeing (-2.98%) and Visa (-2.68%). Top gainers were Intel (2.42%), Merck & Co (2.24%) and UnitedHealth (1.24%).2022-01-10T20:30:08.463"
US Wholesale Inventories Rise More than Initially Thought,Wholesale Inventories,"US Wholesale Inventories Rise More than Initially ThoughtUnited States Wholesale InventoriesWholesale inventories in the United States rose 1.4 percent from a month earlier to $771.09 billion in November of 2021, above a preliminary estimate of 1.2 percent. Increases were seen in inventories of durables (2.1 percent), namely machinery (1.2 percent), automotive (2.7 percent) and professional equipment (0.9 percent). Also, stocks of nondurable goods went up 0.3 percent, particularly groceries (2.6 percent), apparel (3.9 percent) and paper (1.5 percent). On a yearly basis, wholesale inventories advanced 15.9 percent in November.2022-01-10T15:07:00"
NASDAQ 100 Hits 11-week Low,Stock Market,NASDAQ 100 Hits 11-week LowUnited States Stock MarketUSNDX decreased to a 11-week low of 153732022-01-10T14:30:02.85
Dollar Steadies as Traders Eye Inflation Data,Currency,"Dollar Steadies as Traders Eye Inflation DataUnited States CurrencyThe dollar index steadied near the 96 level on Monday, as traders await December US inflation data due later this week to guide the outlook for monetary policy. Markets also expect further hawkish commentary from Federal Reserve chair Jerome Powell as he testifies before the Senate this week, along with governor Lael Brainard, regarding their nominations. Meanwhile, the index dropped half a percent in the previous session as the December jobs report missed expectations. However, the case for monetary tightening remained intact following hawkish minutes from the Fed’s December meeting, which indicated the central bank could reduce its balance sheet in addition to hiking interest rates.2022-01-10T05:44:46.26"
US Consumer Credit Tops Forecasts,Consumer Credit,"US Consumer Credit Tops ForecastsUnited States Consumer CreditConsumer credit in the United States increased by USD 39.991 billion in November of 2021, following a downwardly revised USD 16 billion gain in the previous month and above market expectations of a USD 19.5 billion rise. Revolving credit increased by USD 19.838 billion while non-revolving credit went up by USD 20.15 billion.
2022-01-07T20:03:43.247"
US 10Y Bond Yield Hits Near 2-Year High,Government Bond 10Y,"US 10Y Bond Yield Hits Near 2-Year HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose to 1.78% on Friday, hovering around the highest level since January 2020 on a closing basis, after mixed economic data showed the US unemployment rate dropped more than expected in December and wage growth accelerated, while non-farm payrolls missed forecasts. Still, the jobs report is unlikely to change market expectations for a rate hike this quarter as the Fed set a more hawkish tone last meeting and viewed the labor market as “very tight"".2022-01-07T16:14:00"
US Futures in the Red after Payrolls,Stock Market,"US Futures in the Red after PayrollsUnited States Stock MarketUS futures cut early gains to trade in the red on Friday after jobs reports reinforced the view that Fed may accelerate its timeline for rate hikes. Although only 199K jobs were created in December, less than half of the market forecasts, the jobless rate fell to 3.9% and hourly wages surged 4.7% from a year ago. The Dow Jones lost 0.4% so far on the week and the S&P 500 1.7% while the Nasdaq plunged 4%, and is on track for its worst week since February 2021.2022-01-07T13:52:00"
DXY Set for Weekly Gain,Currency,"DXY Set for Weekly GainUnited States CurrencyThe dollar index fell below 96 on Friday, but was still on course for a weekly gain as investors continue to see a faster timetable for raising interest rates this year even though the December jobs report disappointed. Non-farm payrolls increased only 199 thousand in December, well below market forecasts of 400 thousand but the unemployment rate dropped more than expected and wage growth accelerated. Policymakers said in the latest Fed minutes the “very tight” US labor market might warrant raising rates sooner and indicated they could also reduce the central bank’s balance sheet to tame high inflation.  2022-01-07T13:49:00"
US 10-Year Bond Yield Rises to 2-Year High,Government Bond 10Y,"US 10-Year Bond Yield Rises to 2-Year HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose to 1.78% on Friday, hovering around the highest level since January 2020 on a closing basis, after mixed economic data showed the US unemployment rate dropped more than expected in December and wage growth accelerated, while non-farm payrolls missed forecasts. Still, the jobs report is unlikely to change market expectations for a rate hike this quarter as the Fed set a more hawkish tone last meeting and viewed the labor market as “very tight"".2022-01-07T13:42:00"
US Jobless Rate Falls to New Pandemic Low,Unemployment Rate,"US Jobless Rate Falls to New Pandemic LowUnited States Unemployment RateThe US unemployment rate dropped to 3.9 percent, the lowest since February 2020, pointing to a sustained recovery in the job market helped by a fast-recovering economy and strong demand for labor. The rate was still slightly above pre-crisis levels amid reports of severe labor shortages, but should decline further in the coming months as companies fill widespread vacancies. The number of unemployed persons decreased by 483,000 to 6.3 million.2022-01-07T13:33:00"
US Jobless Rate Likely Dropped to 4.1%,Unemployment Rate,"US Jobless Rate Likely Dropped to 4.1%United States Unemployment RateThe US unemployment rate likely dropped further last month to 4.1 percent, the lowest since February 2020, helped by a fast-recovering economy and strong demand for labor, and despite reports of severe labor shortages. The rate would still remain slightly above pre-crisis levels, but should decline further in the coming months as companies fill widespread vacancies. The highly anticipated jobs report will be closely watched by investors as stronger-than-expected figures could reinforce the case for early Federal Reserve interest rate hikes.2022-01-07T11:13:55.59"
Treasury Yields Little Changed ahead of Payrolls,Government Bond 10Y,"Treasury Yields Little Changed ahead of PayrollsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was little changed at 1.73% on Friday, pausing a 4-day rally but remaining close to levels not seen in 2 years as investors await the payrolls report. Still, the jobs report is unlikely to change market expectations for a rate hike this quarter as the Fed set a more hawkish tone last meeting and viewed the labour market as “very tight"".2022-01-07T10:57:00"
Dollar Muted Ahead of Key Jobs Report,Currency,"Dollar Muted Ahead of Key Jobs ReportUnited States CurrencyThe dollar index hovered around 96.2 on Friday, remaining relatively subdued as investors assessed a strong hawkish stance by the Federal Reserve ahead of a key monthly jobs report. Policymakers said the “very tight” US labor market might warrant raising rates sooner and indicated they could also reduce the central bank’s balance sheet to tame high inflation, according to the latest Fed minutes. Benchmark 10-year US bond yields have since surged to as high as 1.75%, the strongest level since March 2021. Meanwhile, the ADP National Employment report showed private US payrolls surged last month to more than double what markets had forecast, raising expectations for the non-farm payroll numbers due later today. Investors are closely monitoring employment data as a strong job growth could solidify the Fed’s hawkish stance and support the dollar.2022-01-07T05:53:14.473"
US Imports Surge 4.6% to New Record,Imports,"US Imports Surge 4.6% to New RecordUnited States ImportsImports to the United States increased further by USD 13.4 billion to a new record high of USD 304.4 billion in November 2021, amid a continued strong domestic recovery and ahead of the holiday shopping season. Purchases of goods were up USD 12.3 billion due to imports of industrial supplies and materials (up USD 5.9 billion), namely finished metal shapes and crude oil; consumer goods (up USD 3 billion), mainly driven by pharmaceutical preparations; and automotive vehicles, parts, and engines (up USD 1.2 billion). Imports of services increased $1.1 billion, driven by transport and travel. 2022-01-06T13:44:00"
US Trade Gap Close to Record High,Balance of Trade,"US Trade Gap Close to Record HighUnited States Balance of TradeThe US trade deficit increased to $80.2 billion in November of 2021 from an upwardly revised $67.2 billion gap in October and close to a record high of $81.4 billion in September. Figures compare with market forecasts of $77.1 billion. Imports jumped 4.6% to a fresh record of $304.4 billion, prompted by a broad-based increase in purchases, namely finished metal shapes, crude oil, and passenger cars. Exports also reached a new all-time high of $224.2 billion, edging up 0.2%, driven by services mainly travel and transport, and higher shipments of crude oil while sales fell for nonmonetary gold and capital goods. Considering the first 11 months of 2021, the US recorded a trade gap of $785.5 billion and is on track to reach a record high for the full year as the economy continues to recover from the pandemic, boosting demand.2022-01-06T13:39:00"
US Exports Rise 0.2% to New Record High,Exports,"US Exports Rise 0.2% to New Record HighUnited States ExportsExports from the United States increased by USD 0.4 billion from a month earlier to USD 224.2 billion in November of 2021, the highest level since the series began in 1950, reflecting strong foreign demand, a general rise in prices and increased travel volume. Exports of services increased USD 3.2 billion, boosted by travel and transport. However, sales of goods fell USD 2.9 billion, amid lower shipments of capital goods (down USD 1.2 billion), namely other industrial machines; telecommunications equipment and civilian aircraft engines; and industrial supplies and materials (down USD 0.9 billion), due to nonmonetary gold. By contrast, exports of oil increased USD 0.4 billion.




2022-01-06T13:37:00"
US Job Cuts in 2021 Lowest on Record,Challenger Job Cuts,"US Job Cuts in 2021 Lowest on RecordUnited States Challenger Job CutsUS-based companies announced plans to cut 321,970 jobs from their payrolls in 2021, the least on record and down 86% from 2020 as employees try to retain workers faced with a record number of job quits. Company closings caused the most cuts (69,648), followed by restructuring (58,712), and market conditions (54,160). In December alone, 19,052 job cuts were announced, 28.1% above an 18-year low of 14,875 hit in November but still 75.3% less than 77,030 in December 2020. ""The number of COVID cases will impact the labor market, regardless of how severe illnesses are. The main difference between COVID waves is that now much of the financial support from the government is gone, which may push workers who were leaving the workforce for child care, COVID concerns, or burnout back into the labor market. January may see more cuts due to workers’ refusal to get vaccinated, since many companies imposed deadlines for this month,” said Andrew Challenger, senior VP of Challenger, Gray & Christmas.2022-01-06T12:37:00"
Dow and S&P Futures Rebound,Stock Market,"Dow and S&P Futures ReboundUnited States Stock MarketContracts on both the Dow Jones and S&P 500 futures rebounded from yesterday's Fed fallout, while the Nasdaq remained in the red. FOMC minutes released Wednesday showed the Fed will likely raise rates sooner than earlier anticipated and could reduce its balance sheet shortly after it raises rates. The tech sector is likely to remain under heavy pressure when markets open today as Treasury yields continue to soar. Meanwhile, the claims report continued to point to a tight labour market. On Wednesday, the Dow Jones sank 393 points or 1.1% to 36407, after closing at a record level the day before; the S&P 500 lost 1.9% to 4701; and the Nasdaq finished 3.3% lower at 15100. 2022-01-06T11:25:00"
US Bond Selloff Continues,Government Bond 10Y,"US Bond Selloff ContinuesUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury yield rallied for a 5th consecutive session to 1.75% on Thursday, the highest on a closing basis in 2 years, after the FOMC minutes showed the Fed will likely raise rates sooner than expected and braced for the possibility of cutting its bond holdings. Interest rate futures now roughly see an 80% chance of a rate hike in the fed funds rate at the March meeting. Meanwhile, the payrolls report due tomorrow will be in the spotlight and a strong reading would add to expectations for a rate hike this quarter. 2022-01-06T09:03:00"
Dollar Muted Amid Hawkish Fed View,Currency,"Dollar Muted Amid Hawkish Fed ViewUnited States CurrencyThe dollar index hovered around 96.2 on Thursday, remaining relatively subdued as investors assessed strong hawkish signals from the latest Federal Reserve meeting minutes. Fed officials said the “very tight” U.S. labor market might warrant raising rates sooner and indicated they could also reduce the central bank’s balance sheet to tame high inflation, a process called quantitative tightening, minutes of the December meeting showed. Benchmark 10-year US bond yields surged above 1.7% following the minute’s release, levels not seen since April 2021. Meanwhile, the ADP National Employment report showed private US payrolls surged last month to more than double what markets had forecast, potentially raising expectations for the non-farm payrolls numbers due on Friday. 2022-01-06T05:50:02.81"
Dollar Little-Changed After Fed Minutes,Currency,"Dollar Little-Changed After Fed MinutesUnited States CurrencyThe dollar index held around 96.1 on Wednesday, after the FOMC meeting minutes showed the US central bank might start raising interest rates from record-low levels sooner than expected and reduce its overall asset holdings to tame high inflation. Policymakers also noted that the outlooks for the economy and the labor market had improved despite the risk of new variants of the virus, while elevated inflation had persisted for longer than they had previously anticipated.2022-01-05T19:25:00"
US 2Y Bond Yield Hits 22-month High,Government Bond 2Y,US 2Y Bond Yield Hits 22-month HighUnited States Government Bond 2YUS 2 Year Government Bond Yield increased to a 22-month high of 0.8097%2022-01-05T18:59:49.79
US 3Y Bond Yield Hits 4-week High,Government Bond 3Y,US 3Y Bond Yield Hits 4-week HighUnited States Government Bond 3YUS 3 Year Government Bond Yield increased to a 4-week high of 1.0622%2022-01-05T17:29:26.787
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 increased to an all-time high of 369362022-01-05T17:14:55.97
US Crude Stocks Fall for 6th Week,Crude Oil Stocks Change,"US Crude Stocks Fall for 6th WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 2.144 million barrels in the week ending December 31st, a sixth consecutive period of declines and compared with market forecasts of a 3.283 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories surged by 10.128 million barrels, the most since April 2020 and much more than market expectations of a 1.775 million increase.2022-01-05T15:52:00"
US Private Sector Activity Expands Solidly in December,Composite PMI,"US Private Sector Activity Expands Solidly in DecemberUnited States Composite PMIThe IHS Markit US Composite PMI came in at 57.0 in December 2021, little-changed from a preliminary estimate of 56.9 and November's final reading of 57.2. The latest data signaled a steep increase in private sector business activity, mainly driven by strong growth in the service sector. New order growth was the quickest for five months, while the pace of job creation slowed to only a marginal rate, amid challenges hiring suitable workers and retaining current staff. Finally, input cost inflation hit a fresh series high in December, boosted by input shortages, transportation delays and upticks in labor costs, while selling prices also rose steeply.2022-01-05T14:59:59.447"
US Service Sector Growth Remains Solid,Services PMI,"US Service Sector Growth Remains SolidUnited States Services PMIThe IHS Markit US Services PMI stood at 57.6 in December 2021, little-changed from a preliminary estimate of 57.5 and below November's 58.0. The latest reading signaled a sharp upturn in service sector business activity, despite the pace of growth easing to a three-month low, helped by strong client demand. New order growth quickened to the fastest since July, amid customer acquisitions and contract gains, while the pace of job creation was only marginal and the slowest for three months due to labor shortages and difficulties retaining workers. Meanwhile, backlogs of work continued to rise sharply. On the price front, input cost inflation hit a new all-time high on the back of soaring wage bills and greater supplier prices. The rate of charge inflation eased, but remained close to October's record. Finally, business confidence was the strongest since November 2020.2022-01-05T14:54:00"
"US Futures Tread Water, FOMC Awaited",Stock Market,"US Futures Tread Water, FOMC AwaitedUnited States Stock MarketUS futures pared some of the early losses to trade around the flatline on Wednesday, after the Dow Jones booked a fresh record close the day before, as investors shifted to shares that tend to benefit from an economic recovery. All eyes now turn to the FOMC minutes release later in the day after the Fed announced it would end its pandemic-era bond purchases in March, paving the way for three interest rate hikes by the end of 2022. Meanwhile, the ADP report showed private businesses in the US added the most jobs in 7 months in December.2022-01-05T10:44:00"
Dollar Rally Pauses ahead of FOMC,Currency,"Dollar Rally Pauses ahead of FOMCUnited States CurrencyThe dollar index edged down to around 96.1 on Wednesday, pausing after 2 sessions of gains as investors await the FOMC minutes release later in the day for more clues on the timing of the Federal Reserve’s first interest-rate hike, specially if there will be any time between the end of asset purchases and the first rate increase. The Fed is expected to begin raising interest rates as early as March amid a robust US economic rebound and surging inflation and despite a spike in omicron coronavirus infections.2022-01-05T10:19:26.387"
US Treasury Yields Remain Elevated ahead of FOMC Minutes,Government Bond 10Y,"US Treasury Yields Remain Elevated ahead of FOMC MinutesUnited States Government Bond 10YThe US 10-year Treasury yield was around 1.65% on Wednesday, remaining at the highest level since late November for a 3rd straight session, as the odds are rising the Federal Reserve will tighten faster this year amid rising inflation and in spite of the surge in Covid-19 omicron variant infections. FOMC minutes due later in the day will be in the spotlight as traders will be looking for any updates on the timing of the Federal Reserve’s first interest-rate hike, specially if there will be any time between the end of asset purchases and the first rate increase. Around 58% of traders are betting that Fed will start hiking rates already during the March meeting, up from around 27% just one month ago, according to federal-funds futures data. Any notes on the impact of omicron on the economic recovery will also be in the spotlight. 2022-01-05T08:22:42.72"
Dollar Holds Gains as Treasury Yields Climb,Currency,"Dollar Holds Gains as Treasury Yields ClimbUnited States CurrencyThe dollar index hovered above 96.2 on Wednesday, holdings onto gains after a recovery rally earlier this week driven by surging US Treasury yields. The benchmark 10-year bond yield has been steadily rising and reached as high as 1.7% on Tuesday, as investors grew more optimistic on the economic recovery and continued to bet on an early Federal Reserve interest rate hike. The Fed is expected to begin raising interest rates as early as March amid a robust US economic rebound and surging inflation, with the Fed-preferred PCE index accelerating at its fastest pace since 1982 at 5.7% in November. The Fed announced that it would end its pandemic-era asset purchases in March and signaled three quarter point interest rate hikes this year. Meanwhile, traders digested a batch of manufacturing and employment data released this week, while the highly anticipated December nonfarm payrolls report is expected to be out on Friday.2022-01-05T06:05:07.693"
The Dow Jones Index rising 0.78%,Stock Market,"The Dow Jones Index rising 0.78%United States Stock MarketUnited States Stock Market is gaining 286 points. Leading the gains are Caterpillar (5.43%), JPMorgan (4.00%) and GS (3.21%). Top losers are Salesforce.com (-3.05%), Cisco Systems (-3.01%) and UnitedHealth (-1.94%).2022-01-04T20:30:11.12"
US Job Quits Hit Record High,Job Quits,"US Job Quits Hit Record HighUnited States Job QuitsThe number of job quits in the United States increased by 370,000 to a series high of 4.527 million in November 2021, while the quits rate increased to 3.0 percent, matching the series high in September, as employers continue to have difficulty retaining workers. Quits increased in several industries with the largest in accommodation and food services (+159,000); health care and social assistance (+52,000); and transportation, warehousing, and utilities (+33,000). The number of quits increased in the Northeast, South, and Midwest regions.2022-01-04T15:21:00"
US Job Openings Fall But Remain Close to Records,Job Offers,"US Job Openings Fall But Remain Close to RecordsUnited States Job OffersThe number of job openings in the United States decreased to 10.562 million in November 2021 from an upwardly revised 11.033 million in the previous month and below market expectations of 11.075 million. Still, the level of openings remained near record highs, as employers were still having a difficult time filling positions. The largest declines were recorded in accommodation and food services (-261,000); construction (-110,000); and nondurable goods manufacturing (-66,000), while increases were reported for finance and insurance (+83,000) and federal government (+25,000). The number of job openings decreased in the South and Midwest regions. Meanwhile, the number of hires rose by 191,000 to 6.697 million, while total separations including quits, layoffs and discharges, and other separations jumped by 382,000 to 6.273 million.2022-01-04T15:09:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 48112022-01-04T14:30:02.963
Logistics Manager’s Index Rises the Least in 11 Months,Lmi Logistics Managers Index Current,"Logistics Manager’s Index Rises the Least in 11 Months United States Lmi Logistics Managers Index CurrentThe Logistics Manager’s Index fell to 70.1 in December of 2021, the lowest since January, but still pointing to a significant expansion in the logistics sector, amid abnormally high inventory metrics, combined with tight capacity and unseasonably high price growth. The reading also suggested that some supply chains may now be carrying too much inventory, potentially stocking up to avoid potential missed holiday sales. There was a contraction of inventories for downstream retailers but a rise for upstream firms such as manufacturers, wholesalers, and 3PLs. Essentially, downstream retailers struggled to find enough capacity to handle consumer demand during the holiday rush, while their upstream vendors labored to store and manage the deluge of inventory that flowed into supply chains throughout 2021.2022-01-04T10:16:00"
Dollar Recovers as Treasury Yields Jump,Currency,"Dollar Recovers as Treasury Yields JumpUnited States CurrencyThe dollar index was around 96.2 on Tuesday after a recovery rally the previous session, lifted by a jump in Treasury yields as traders bet on an early Federal Reserve interest rate hike despite surging Covid cases. The benchmark 10-year US yield jumped above 1.6% on Monday, as the Fed is expected to begin raising interest rates as early as March amid a robust US economic rebound and surging inflation, with the Fed-preferred PCE index accelerating at its fastest pace since 1982 at 5.7% in November. The Fed announced that it would end its pandemic-era asset purchases in March and signaled three quarter point interest rate hikes this year.2022-01-04T05:45:00"
"US Futures Flat After Dow, S&P Close at Records",Stock Market,"US Futures Flat After Dow, S&P Close at RecordsUnited States Stock MarketUS stock futures were steady on Tuesday after Wall Street kicked off 2022 on a strong note, with the Dow and S&P 500 closing at record highs in the previous session. Dow futures ticked 0.1% lower. S&P 500 futures slid 0.05% and Nasdaq 100 futures were flat. The Nasdaq Composite was the relative outperformer on Monday, gaining 1.2% as tech giants pushed higher. Tesla rallied 13.5% after beating fourth-quarter and full-year delivery expectations. Apple also became the first ever company to hit a $3 trillion market cap after rising 2.5% to a new record. Reopening plays like airlines and cruise lines also advanced on Monday amid optimism that the omicron variant will not derail the global economic recovery. Elsewhere, a jump in bond yields lifted bank stocks. Meanwhile, investors await a batch of economic data on Tuesday including December’s ISM manufacturing PMI and November’s Job Openings and Labor Turnover Survey.2022-01-04T01:16:00"
Russell 2000 Hits 5-week High,Stock Market,Russell 2000 Hits 5-week HighUnited States Stock MarketUS2000 increased to a 5-week high of 22772022-01-03T15:21:12.853
US Manufacturing PMI Revised Slightly Lower: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Slightly Lower: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised slightly lower to 57.7 in December of 2021 from a preliminary of 57.8, still pointing to a strong expansion in factory activity. Still, companies recorded the softest rise in new orders for a year and a further substantial deterioration in vendor performance amid severe material shortages. Longer lead times for inputs also led to another sharp increase in backlogs of work, albeit the slowest for ten months. Meanwhile, cost burdens continued to increase markedly despite the rate of inflation softening to the slowest since June. Efforts to pass-through greater costs to clients were hampered by softer demand conditions, as charges rose at the slowest rate since April. Finally, output expectations for the year ahead strengthened to the highest since November 2020. Optimism stemmed from hopes of reduced supply disruption and a greater ability to hire suitable workers.2022-01-03T14:48:00"
Dollar Robust to Start 2022,Currency,"Dollar Robust to Start 2022United States CurrencyThe dollar index recovered from early losses to trade above 96 on the first trading day of 2022 after gaining nearly 7% in 2021 which was the best yearly performance since 2015. The Federal Reserve is expected to begin raising interest rates as early as March amid a robust US economic rebound and surging inflation, with the Fed-preferred PCE index accelerating at its fastest pace since 1982 at 5.7% in November. The Fed announced that it would end its pandemic-era asset purchases in March and signaled three quarter point interest rate hikes this year. As a result, the dollar is likely to remain strong in 2022, specially against the euro, yen and Swiss franc.2022-01-03T10:35:00"
Dollar Starts Off 2022 on Positive Note,Currency,"Dollar Starts Off 2022 on Positive NoteUnited States CurrencyThe dollar index rose toward 96 on Monday, recouping some losses after declining for two straight weeks, as traders anticipate a faster pace of monetary policy tightening. The Federal Reserve is expected to begin raising interest rates as early as March amid a robust US economic rebound and surging inflation, with the Fed-preferred PCE index accelerating at its fastest pace since 1982 at 5.7% in November. The Fed announced that it would end its pandemic-era asset purchases in March and signaled three quarter point interest rate hikes this year. The dollar gained nearly 7% in 2021, its best annual performance since 2015.2022-01-03T07:31:42.32"
US Futures Rise Ahead of First Trading Day of 2022,Stock Market,"US Futures Rise Ahead of First Trading Day of 2022United States Stock MarketUS stock futures rose on Monday as investors turned optimistic ahead of the first trading day of 2022, while uncertainties around the Covid-19 pandemic lingered. Dow Jones futures gained 0.5%, while S&P 500 and Nasdaq 100 futures jumped 0.7% each. The moves in futures comes after markets closed out a strong 2021 last week, led by the S&P 500 which gained 27% for the year, followed by the Nasdaq’s 21% rally and the Dow’s 19% return. Meanwhile, surging Covid infections prompted thousands of flight cancellations during the holiday season and led some businesses and schools to consider temporary closures. The pace of monetary policy tightening also remains a top concern for inventors in 2022, as the Federal Reserve is expected to hike interest rates multiple times this year to combat inflation. Elsewhere, investors await US manufacturing and construction data due on Monday.2022-01-03T06:53:00"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyDXY decreased to a 4-week low of 95.7582021-12-31T15:25:23.977
Wall Street Subdued on Last Trading Day of 2021,Stock Market,"Wall Street Subdued on Last Trading Day of 2021United States Stock MarketUS stock indexes were little-changed on the last trading day of 2021, but were on track to finish the year near record highs, supported by strong corporate seasons, massive fiscal and monetary stimulus, a fast-recovering economy and signs of a solid rebound in the labor market. Still, investors should remain cautious due to concerns over the pace of monetary policy tightening amid rising inflation, and as they eye midterm elections in the US Congress next year. The Dow Jones headed for a 19% yearly gain, while the S&P 500 was on course to rise 27% and the Nasdaq 24%. The energy sector led the gains, outperforming all other sector indexes, followed by real estate and technology stocks.2021-12-31T14:38:00"
Bitcoin Gains 60% in 2021,Currency,"Bitcoin Gains 60% in 2021United States CurrencyBitcoin ended 2021 below 50K but booked a more than 60% yearly gain, benefiting from a rise in risk appetite, higher demand from at-home traders, growing acceptance by major corporations and institutional investors and as El Salvador became the first country to adopt it as an official currency. On February 19th, bitcoin hit $1 trillion in market value for the first time but has since pulled back to close to $900 billion. Volatility is likely to continue in 2022 amid rising regulatory risks and as investors continue to wonder if it can be an inflation hedge. Meanwhile, ethereum, which is the second-most popular coin, jumped more than 400% to 3.7K in 2021.2021-12-30T22:58:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 48082021-12-30T14:36:05.943
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 increased to an all-time high of 366442021-12-30T14:35:52.23
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 increased to an all-time high of 365662021-12-29T20:34:04.03
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week HighUnited States Government Bond 10YUS 10 Year Government Bond Yield increased to a 4-week high of 1.5375%2021-12-29T15:58:51.66
US Crude Stocks Fall for 5th Week,Crude Oil Stocks Change,"US Crude Stocks Fall for 5th WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 3.576 million barrels in the week ending December 24th, a fifth consecutive period of declines and compared with market forecasts of a 3.143 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories were down by 1.458 million barrels, defying expectations of a 0.487 million increase.2021-12-29T15:44:22.28"
Dollar on Track for 7% Yearly Gain,currency,"Dollar on Track for 7% Yearly GainUnited States currencyThe dollar index hovered around 96 at the end of December, close to the lowest level in 4 weeks, but it is still set for a 7% gain in 2021, the biggest since 2015 amid prospects the Fed would tighten monetary policy faster than other central banks and as investors believe the US economic recovery remains resilient and more robust than others. The Federal Reserve announced at its December meeting it would end its pandemic-era bond purchases in March, paving the way for three interest rate hikes by the end of 2022, as policymakers voiced concerns over persistently high inflation against a backdrop of a steady recovery in the labor market. 2021-12-29T15:21:00"
US Wholesale Inventories Continue to Rise,Wholesale Inventories,"US Wholesale Inventories Continue to RiseUnited States Wholesale InventoriesWholesale inventories in the US increased 1.2% mom to $769.9 billion in November of 2021, following a 2.5% rise in October, preliminary estimates showed. Stocks of durable goods surged 2%  while non-durable goods edged up 0.1%. 2021-12-29T13:34:22.48"
US Futures Flat,Stock Market,"US Futures Flat United States Stock MarketUS futures cut early gains to trade around the flatline on Wednesday after the Dow Jones booked its 5th straight session of gains and the S&P hit an intraday record the day before. Traders continue to wonder what will be the impact of omicron coronavirus variant on the global economy while expecting the Fed to continue to tighten next year amid persistent high inflation and a robust economic recovery. On the corporate front, Tesla shares rose 1.4% in premarket trading, following news that Elon Musk has exercised the last of his stock options for next year while stocks of BioNTech (-3%) and Moderna (-1.6%) were in the red. 2021-12-29T13:26:06.033"
US 10-Year Treasury Yield Around 1.5%,Government Bond 10Y,"US 10-Year Treasury Yield Around 1.5%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note hovered around 1.5% in the end of December, as investors continue to assess the economic impact of the Omicron coronavirus variant and prospects of faster policy tightening by the Federal Reserve. US policymakers turned more hawkish in their final policy meeting of 2021 and signalled a three quarter-point rate hike next year. The yields could go slightly higher next year as inflation will likely remain elevated for some time while GDP growth and the labour market continue to recover from the pandemic hit.2021-12-29T10:31:00"
Dollar Inches Up in Cautious Trading,Currency,"Dollar Inches Up in Cautious TradingUnited States CurrencyThe dollar index inched up above 96.2 on Wednesday as a recent rally in riskier assets took a breather, while moves remained subdued amid a holiday-thinned trading. The greenback started to gain ground against major currencies on Tuesday including the euro, pound, kiwi and aussie, while it continued to strengthen versus the safe haven yen. Emerging market currencies also faced pressure from the dollar’s firmness, with sharp losses from the Philippine peso and Indonesian rupiah. Moreover, robust US economic data and persistent inflation provided additional support to the dollar, with the Fed-preferred PCE index also surging 5.7% in November, its highest level since 1982. The Federal Reserve made a hawkish turn in recent statements, signaling three quarter point interest rate hikes next year to combat inflation.2021-12-29T07:23:29.943"
US 52W Bond Yield Hits 20-month High,Government Bond 52W,US 52W Bond Yield Hits 20-month HighUnited States Government Bond 52WUS 52 Week Government Bond Yield increased to a 20-month high of 0.3915%2021-12-28T23:30:04.583
Bitcoin Falls Below $50K,Currency,"Bitcoin Falls Below $50K United States CurrencyBitcoin fell below the key psychological level of $50K, the lowest in a week, as investors are moving away from highly speculative assets and as the supply outside of exchange reserves hit an all-time high. Still, the oldest cryptocurrency is up more than 80% so far this year amid higher demand from at-home traders, hedge fund managers while El Salvador became the first country to adopt it as an official currency. Meanwhile, ethereum, which is the second-most popular coin, was below $4K but is up more than 400% so far this year. 2021-12-28T15:47:00"
Fifth District Service Sector Activity Expands in December,Richmond Fed Services Index,"Fifth District Service Sector Activity Expands in DecemberUnited States Richmond Fed Services IndexThe Service Sector Activity Index in the US fifth district rose to +12.0 in December 2021 from +8 in the previous month. The demand index increased by 8 points to +21 and the employment index remained in expansionary territory at +14. Earnings continued to grow at a solid pace, with firms saying they expect to continue increasing wages in the next six months. On the other hand, service providers continued to report trouble finding workers with the necessary skills, and don't expect the difficulty to ease in the near term. On the price front, survey respondents expected the growth of both prices paid and prices received to slow in the next 12 months. 2021-12-28T15:11:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 47962021-12-28T14:30:00.087
US House Price Growth Slows for 3rd Month,Case Shiller Home Price Index YoY,"US House Price Growth Slows for 3rd MonthUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US rose 18.4% year-on-year in October of 2021, easing for a third consecutive month and slightly below forecasts of 18.5%. Phoenix (32.3%), Tampa (28.1%), and Miami (25.7%) recorded the highest annual increases. Prices were strongest in the South and Southeast (both +24.4%), but every region continued to log double-digit gains. The national index, covering all nine US census divisions, reported a 19.1% annual gain, down from 19.7% in the previous month. House prices have surged in 2021 and rose at a record 20% in July amid a change in locational preferences as households react to the COVID pandemic, low mortgage-interest rates and a limited supply of homes2021-12-28T14:09:00"
US House Prices Rise 1.1% in October: FHFA,House Price Index MoM,"US House Prices Rise 1.1% in October: FHFAUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 1.1 percent from a month earlier in October 2021, following a 0.9 percent advance in September. For the nine census divisions, monthly house price changes ranged from -0.3 percent in the New England division to +1.7 percent in the East South Central division. Year-on-year, house prices rose 17.4 percent in October, easing further from a record 19.3 percent jump seen in July. “House price levels continue to rise but the rapid pace is curtailing through October,” said Will Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics. “The large market appreciations seen this spring peaked in July and have been cooling this fall with annual trends slowing over the last four consecutive months.”2021-12-28T14:07:00"
Dollar Muted as Risk Sentiment Improves,Currency,"Dollar Muted as Risk Sentiment ImprovesUnited States CurrencyThe dollar index was little changed around 96 on Tuesday as an improving risk sentiment dampened interest in safe-haven currencies. The greenback continued to languish toward the bottom end of its recent trading ranges versus a basket of peers despite a hawkish tilt from the Federal Reserve, with policymakers signaling three quarter-point interest rate increases next year. US equities and commodities also rallied against the dollar on Monday after strong US retail sales data eased worries from the highly infectious omicron variant. Moreover, several studies suggesting lower hospitalization rates and the availability of more treatment options with the new variant lifted investor sentiment. Over the long term, the dollar has shown slight negative correlation with stocks.2021-12-28T07:04:02.767"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 47922021-12-27T20:59:48.783
The Dow Jones Index rising 0.79%,Stock Market,"The Dow Jones Index rising 0.79%United States Stock MarketUnited States Stock Market is gaining 286 points. Leading the gains are Apple (2.06%), Microsoft (2.00%) and Salesforce.com (1.96%). Top losers are Walt Disney (-0.71%), Boeing (-0.64%) and Caterpillar (-0.32%).2021-12-27T20:30:02.657"
NASDAQ 100 Hits 5-week High,Stock Market,NASDAQ 100 Hits 5-week HighUnited States Stock MarketUSNDX increased to a 5-week high of 164552021-12-27T14:43:07.33
Wall Street Extends Gains,Stock Market,"Wall Street Extends GainsUnited States Stock MarketUS stock indexes rose on Monday as investors returned from an extended Christmas break and assessed developments around the fast-spreading omicron variant. The Dow Jones rose more than 200 points to the highest level since mid-November, while the S&P 500 extended gains to a new record high and the Nasdaq Composite advanced more than 1%. Still, airline stocks and cruise line shares were under pressure after thousands of US flights were canceled during the weekend due to the pandemic and amid reports of Covid outbreaks on ships. The major averages recovered last week as concerns that the omicron variant would derail economic growth receded, with president Biden saying that the US will not go back to lockdown. Also, investors hoped for the revival of a massive democratic spending bill as president Biden insisted that he and senator Manchin will “get something done.”2021-12-27T14:37:00"
US Stocks Set to Start Week Higher,Stock Market,"US Stocks Set to Start Week HigherUnited States Stock MarketUS stock futures rose on Monday as investors are anticipating higher volatility and are monitoring developments around the fast-spreading omicron variant. Dow Jones futures rose by about 90 points to the highest level since mid-November, while S&P 500 was up 0.4% and Nasdaq 100 futures gained 0.5%. Still, airline stocks and cruise line shares headed for sharp losses after thousands of US flights were canceled due to the pandemic and amid reports of Covid outbreaks on ships. The major averages recovered last week as concerns that the omicron variant would derail economic growth receded, with president Biden saying that the US will not go back to lockdown. Also, the sentiment was lifted on hopes the massive democratic spending bill will be revived as president Biden insisted that he and senator Manchin will “get something done.” 2021-12-27T13:54:00"
US 10-Year Bond Yield Eases,Government Bond 10Y,"US 10-Year Bond Yield EasesUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note eased to 1.48% at the end of December, retreating further from Thursday's high just above 1.5%, amid uncertainty over the economic impact of the Omicron coronavirus variant and prospects of faster policy tightening by the Federal Reserve. US policymakers signaled three quarter-point rate hikes next year, citing concerns over rising inflation amid solid gains in economic activity and the labor market. Meanwhile, Goldman Sachs cut its estimate for US GDP growth to 3.8% from 4.2% due to the new COVID variant. Elsewhere, investors await any signs that US Senator Joe Manchin could reach an agreement to support the approval of President Joe Biden's Build Back Better bill.2021-12-27T09:08:19.453"
Dollar Muted Amid Omicron Uncertainties,Currency,"Dollar Muted Amid Omicron UncertaintiesUnited States CurrencyThe dollar index ticked higher to trade above 96.1 on Monday, but remained relatively subdued amid cautious investor positioning as the omicron threat persists. Asian stocks and crude oil weakened in holiday-thinned trading on Monday as uncertainty over the economic impact of the new variant weighed on investor sentiment. Airlines across the world cancelled thousands of flights over the past three days due to Covid-related staff shortages. Reports indicated that new daily US infections of the omicron supassed those in the delta wave, while China posted its highest daily rise in local cases in 21 months over the weekend as infections more than doubled in the city of Xian. The dollar was also restrained despite robust US economic data and persistent inflation, with the Fed-preferred PCE index surging to 5.7% in November, its fastest pace since 1982.2021-12-27T07:24:28.393"
Dollar Set for Worst Week Since August,Currency,"Dollar Set for Worst Week Since AugustUnited States CurrencyThe dollar index hovered around 96 on Friday, set for its worst week since August amid a rebound in riskier assets. The greenback languished against equities, bond yields and risk-sensitive currencies as investor confidence grew on signs that omicron might be less severe than feared. Early studies suggested the new variant carries a lower risk of hospitalization and causes a milder illness. Several drugmakers also reported that their vaccines or antiviral pills were effective against the omicron. The dollar’s weakness also came despite robust US economic data and persistent inflation, with the Fed-preferred PCE index surging to 5.7% in November, its fastest pace since 1982. The dollar fell markedly on the week against the British pound, euro and antipodean currencies, while it gained versus the safe-haven yen.2021-12-24T09:34:42.607"
Dow Jones above 36000,stock market,Dow Jones above 36000United States stock marketDow Jones rose above 36000 points.2021-12-23T18:56:40.953
S&P 500 Hits 4-week High,Stock Market,S&P 500 Hits 4-week HighUnited States Stock MarketUS500 increased to a 4-week high of 47322021-12-23T16:07:54.257
US December Consumer Sentiment Beat Flash Estimates,Consumer Confidence,"US December Consumer Sentiment Beat Flash EstimatesUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US rose to 70.6 in December of 2021, from 67.4 last month and above preliminary estimates of 70.4 points. The gauge for expectations was revised higher to 68.3 from 67.8 and the current conditions subindex was revised lower to 74.2 from 74.6. Inflation expectations for the year ahead moderated to 4.8% from 4.9% in the previous month and slightly below preliminary figures of 4.9%. Meanwhile, the 5-year outlook also eased to 2.9%, compared with 3.0% in both advance figures and November’s reading. The uptick was primarily supported by higher income expectations in the bottom third of the population distribution, who see their incomes rise at the fastest pace since 1999. The results were also influenced by the low number of interviews conducted to capture the impact of the rapid spread of the omicron variant. 
2021-12-23T15:04:00"
US 10Y Treasury Note Yield Gains Steam,Government Bond 10Y,"US 10Y Treasury Note Yield Gains SteamUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose past 1.49% on Thursday, as traders digested a batch of economic data, while omicron woes faded. The Core PCE price index, the Fed’s preferred inflation gauge, rose 4.7% yoy in November, 0.2pp above market forecasts, a level that should keep the pressure on policymakers to control rising prices. Meanwhile, initial jobless claims were steady at 205 thousand last week, still below pre-pandemic levels, reflecting businesses’ resilience amid increasing headwinds from disruptions caused by the pandemic. Meanwhile, studies showed infections from the omicron strain were less likely to develop to severe disease, while President Biden pushed back against concerns about a new lockdown. Finally, traders await developments about the “Build Back Better” Act, as the White House resumes talks with Senator Manchin.2021-12-23T14:21:00"
Greenback Edges Higher after Economic Data,Currency,"Greenback Edges Higher after Economic DataUnited States CurrencyThe dollar index traded flat to higher above 96 on Thursday, steadying from a 0.4% drop in the previous session, as traders digested a large batch of economic data. Personal spending growth eased to 0.6% mom in November, from an upwardly revised 1.4% rise in October, as expected. Meanwhile, new orders for US manufactured durable goods rose 2.5% over the same period, faster than forecasts of 1.6%, as orders for transportation equipment rebounded on the back of a sharp jump in nondefense aircraft and parts orders. Meanwhile, the core PCE price index, the Fed’s favored inflation gauge, rose a faster-than-expected 4.7% yoy in November, strengthening the case that inflationary pressures are building up stronger than policymakers had expected. Encouraging news also came from the pandemic front, with a trio of studies showing the infections with the omicron strain led to lower hospitalization rates and milder cases.2021-12-23T13:56:00"
US Personal Income Rises 0.4% in November,Personal Income,"US Personal Income Rises 0.4% in NovemberUnited States Personal IncomePersonal income in the United States increased 0.4 percent from a month earlier in November 2021, following a 0.5 percent growth in October and matching market expectations as most companies increased wages to attract and keep workers and in spite of waning federal stimulus. Wages and salaries rose 0.5 percent, slowing from a 0.8 percent gain in October while personal income receipts on assets grew 0.3 percent also slowing from 0.8 percent a month earlier. 2021-12-23T13:32:00"
Dollar Weakens on Improved Risk Sentiment,Currency,"Dollar Weakens on Improved Risk SentimentUnited States CurrencyThe dollar index traded around 96 on Thursday after falling about half a percent in the previous session, amid renewed optimism about the economy and increased risk appetite among investors. Equities, commodities and risk-sensitive currencies rallied against the dollar on Wednesday as investors adopted a more positive economic outlook, with upbeat consumer confidence levels and an upwardly revised estimate for US GDP. Encouraging news around the omicron variant also lifted sentiment, including a South African study suggesting the virus is less severe than previously feared and the granting of emergency use authorization by the US FDA to Pfizer’s Covid pill. Meanwhile, the White House said it is resuming talks on the Build Back Better bill with senator Joe Manchin, raising hopes for a large fiscal stimulus. 2021-12-23T07:18:53.853"
The Dow Jones Index is up by 0.56%,Stock Market,"The Dow Jones Index is up by 0.56%United States Stock MarketUnited States Stock Market is picking up 199 points. Gains are led by Caterpillar (1.73%), Microsoft (1.39%) and Home Depot (1.31%). Biggest losers are Nike (-0.89%), Travelers Companies (-0.56%) and Amgen (-0.24%).2021-12-22T20:30:15.213"
US 10Y Treasury Note Eases,Government Bond 10Y,"US 10Y Treasury Note Eases United States Government Bond 10YThe yield on the benchmark 10-year Treasury note eased to 1.45%, as investors digested economic data and continued to monitor updates about the omicron coronavirus strain. The US economy expanded an annualized 2.3% in Q3 over the prior period, slightly faster than a prior estimate of 2.1% but much slower than a 6.7% hike in Q2. It was the softest rate of growth since the economy slumped in the June quarter of 2020, as infections resurged in the second half of this past summer. On the pandemic front, Omicron is now the dominant variant in the US and makes up 73.2% of recent cases, with the rate of daily infections now having doubled from a 3-month low hit in late October. In addition, Goldman Sachs lowered US 2022 economic growth as US Senator Joe Manchin said he would not support President Biden's $1.9 trillion Build Back Better Act.2021-12-22T14:46:00"
DXY Weakens Below 96.3,Currency,"DXY Weakens Below 96.3United States CurrencyThe dollar index eased to below 96.3 on Wednesday, moving further away from 17-month highs touched in late November after a blow to democratic spending plans in Washington as Senator Joe Manchin said in a recent interview that he would not support the Biden administration’s $2 trillion domestic investment bill. Analysts argued that a breakdown of the fiscal package would mean less stimulus and weaker growth, which would drag rates and the dollar down. However, President Biden insisted on Tuesday that he and senator Manchin will “get something done” as pressure mounted on the administration to deliver on the key policy bill. On the data front, final estimates showed the US economy grew more than previously thought in Q3. Meanwhile, speculation that a rate hike could come as early as March and safe-haven demand streaming from Omicron prevented further losses.2021-12-22T14:33:00"
US GDP Growth Revised Higher to 2.3%,GDP Growth Rate,"US GDP Growth Revised Higher to 2.3%United States GDP Growth RateThe US economy grew by an annualized 2.3% on quarter in Q3 2021, slightly higher than 2.1% in the second estimate and following a 6.7% expansion in the previous three-month period. The update primarily reflects upward revisions to personal consumption expenditures (2% vs 1.7% in the second estimate) and private inventory investment (12.4% vs 11.6%) that were partly offset by a downward revision to exports (-5.3% vs -3%). Meanwhile, imports were revised down (4.7% vs 5.8%). A resurgence of COVID-19 cases resulted in new restrictions and delays in the reopening of establishments in some parts of the country. In Q3, government assistance payments in the form of forgivable loans to businesses, grants to state and local governments, and social benefits to households all decreased.  Looking ahead, analysts expect the US economy to expand at a faster pace in the current October-December quarter, putting it on track to record its best performance this year since 1984.2021-12-22T13:35:00"
US Corporate Profits Revised Lower in Q3,Corporate Profits,"US Corporate Profits Revised Lower in Q3United States Corporate ProfitsCorporate profits in the United States rose 3.4 percent to a fresh record high of USD 2.52 trillion in the third quarter of 2021, slowing from a 10.5 percent jump in the previous period and compared with preliminary estimates of 4.3 percent. Undistributed profits climbed 5.3	 percent to $1.08 trillion and net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, increased 1.8 percent to $3.14 trillion. Also, net dividends increased 2.0 percent to $1.44 trillion.2021-12-22T13:34:00"
Dollar Subdued Amid Fiscal Setback,Currency,"Dollar Subdued Amid Fiscal SetbackUnited States CurrencyThe dollar index traded around 96.5 on Wednesday, hovering below recent highs after a blow to democratic spending plans in Washington as senator Joe Manchin said in a recent interview that he would not support the Biden administration’s $2 trillion domestic investment bill. Analysts argued that a breakdown of the fiscal package would mean less stimulus and weaker growth, which would drag rates and the dollar down. However, president Biden insisted on Tuesday that he and senator Manchin will “get something done” as pressure mounted on the administration to deliver on the key policy bill. Meanwhile, the greenback previously rallied after Federal Reserve governor Chris Waller said on Friday that an interest rate increase will likely be warranted “shortly after” the bank ends its bond purchases, prompting investors to speculate on a first rate hike in March.2021-12-22T05:42:00"
US Treasury Yields Edge Up,Government Bond 10Y,"US Treasury Yields Edge UpUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose to 1.47%, above a two-and-a-half-month low of 1.36% hit on December 3rd as rising rates of Covid and the new Omicron variant pose a new risk to the US economy. The Omicron variant of coronavirus is now the dominant variant in the US and makes up 73.2% of recent cases. The rate of daily infections is now double from late October, when it was at a 3-month low. In addition, Goldman Sachs lowered US 2022 economic growth as US Senator Joe Manchin said he would not support President Biden's $1.9 trillion Build Back Better Act. The Federal Reserve’s more hawkish turn on monetary policy also remained in focus. The US Fed said at its December meeting it would speed up its tapering of bond purchases, putting it on track to conclude it in March 2022 and paving the way for three interest rate hikes by the end of next year. 2021-12-21T08:21:00"
Dollar Subdued Amid Fiscal Setback,Currency,"Dollar Subdued Amid Fiscal SetbackUnited States CurrencyThe dollar index traded around 96.5 on Tuesday, hovering below recent highs after a blow to democratic spending plans in Washington as senator Joe Manchin said on Sunday he would not support the Biden administration’s $1.75 trillion domestic investment bill. Analysts argued that a breakdown of the fiscal package would mean less stimulus and weaker growth, which would drag rates and the dollar down. The greenback previously rallied after Federal Reserve governor Chris Waller said on Friday that an interest rate increase will likely be warranted “shortly after” the bank ends its bond purchases, prompting investors to speculate on a first rate hike in March. The Fed previously announced that it would end pandemic era asset purchases in March and forecasted three rate hikes next year to fight inflation. 2021-12-21T07:18:41.707"
Micron Technology earnings above expectations at 2.42 USD,Earnings,"Micron Technology earnings above expectations at 2.42 USDUnited States EarningsMicron Technology (MU) released earnings per share at 2.42 USD, compared to market expectations of 2.33 USD.2021-12-20T21:19:08.277"
The Dow Jones Index falling 1.41%,Stock Market,"The Dow Jones Index falling 1.41%United States Stock MarketUnited States Stock Market is dropping 498 points. Leading the losses are Travelers Companies (-3.39%), Honeywell International (-3.24%) and GS (-2.97%).2021-12-20T20:30:15.32"
NASDAQ 100 Hits 7-week Low,Stock Market,NASDAQ 100 Hits 7-week LowUnited States Stock MarketUSNDX decreased to a 7-week low of 155432021-12-20T15:58:22.773
DXY Eases Below 96.4,Currency,"DXY Eases Below 96.4United States CurrencyThe dollar index fell below 96.4 on Monday, after strengthening in the previous two sessions after Goldman Sachs lowered US 2022 economic growth as US Senator Joe Manchin said he would not support President Biden's $1.9 trillion Build Back Better Act. Still, the dollar remains near its highest level in 17 months after the Federal Reserve signaled a first pandemic-era interest rate hike could come as early as March and investors flew to safety on omicron-related concerns. Fed governor Chris Waller said on Friday that an interest rate hike will likely be warranted “shortly after” the bank ends its bond purchases. 2021-12-20T15:45:00"
Russell 2000 Hits 17-week Low,Stock Market,Russell 2000 Hits 17-week LowUnited States Stock MarketUS2000 decreased to a 17-week low of 21252021-12-20T14:49:20.13
US Stocks Fall on Omicron Concerns,Stock Market,"US Stocks Fall on Omicron ConcernsUnited States Stock MarketWall Street tumbled on Monday as investors dumped travel stocks, big tech, and other growth shares, amid concerns about the rapid spread of the Omicron variant of the coronavirus and its impact on the global economic recovery. Several countries in Europe announced movement restrictions while the US has reported more than 156K cases on Friday. In addition, putting additional pressure on markets US Senator Joe Manchin said he would not support President Biden's $1.9 trillion Build Back Better Act, which would see the expansion of the US social safety net and the reduction of Americans' childcare and health care costs, among others. Also, Fed Governor Waller said on Friday that the rate hike in March would be ""very likely"", following the Federal Reserve's decision Wednesday to end its pandemic-era stimulus faster. The Dow lost more than 600 points or 1.8% in early trading, while the S&P 500 slumped 1.6% and the Nasdaq Composite was down 1.6% the lowest level since mid-October.2021-12-20T14:31:00"
US 10-Year Bond Yield Extends Losses,Government Bond 10Y,"US 10-Year Bond Yield Extends LossesUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note dropped below 1.4%, moving towards a two-and-a-half-month low of 1.36% hit on December 3rd, as bonds' safe-haven appeal on concerns over the rapid spread of Omicron outweighed fears about a fast rise in borrowing cost. US Fed Governor Chris Waller said last week that he thought a rate increase in March would be ""very likely"" while the central bank should also begin reducing its balance sheet in mid-2022. The US Fed said at its December meeting it would speed up its tapering of bond purchases, putting it on track to conclude it in March 2022 and paving the way for three interest rate hikes by the end of next year.2021-12-20T10:14:00"
Dollar Steadies After Sharp Rebound,Currency,"Dollar Steadies After Sharp ReboundUnited States CurrencyThe dollar index stabilized above 96.5 on Monday, after jumping 0.7% in the previous session as a Federal Reserve official signaled a much earlier rate hike, while omicron-related concerns provided additional support to the safe haven dollar. Fed governor Chris Waller said on Friday that an interest rate increase will likely be warranted “shortly after” the bank ends its bond purchases, prompting investors to speculate on a first rate hike in March. The Fed previously announced that it would end pandemic era asset purchases in March and forecasted three rate hikes next year to fight inflation. Meanwhile, risk-sensitive assets declined against the dollar as the Netherlands went into lockdown on Sunday, while tighter restrictions being imposed ahead of the holiday season loomed over other European countries. The WHO warned over the weekend that the number of omicron cases is doubling in 1.5 to 3 days in areas with community transmission.2021-12-20T05:49:24.727"
US Futures Extend Losses on Monday,Stock Market,"US Futures Extend Losses on MondayUnited States Stock MarketUS stock futures extended losses on Monday as investors continued to grapple with rising Covid cases and tighter central bank policies. Dow Jones, S&P 500 and Nasdaq 100 futures each lost at least 1%. The major averages came off a losing week, with the tech-heavy Nasdaq Composite dropping 2.95% as high valuation growth stocks sold off on the prospect of higher interest rates. Meanwhile, the omicron virus continued to spread as the winter holiday season approached, prompting fresh lockdowns in Europe. The WHO also said on Saturday that the number of cases with the new strain doubles in 1.5 to 3 days in areas with community transmission. Elsewhere, democratic senator Joe Manchin said on Sunday he won’t support his party’s $2 trillion social and environment bill, dealing a blow to the Biden administration heading into an election year. 2021-12-20T01:07:00"
Wall Street Set to Weekly Loss,Stock Market,"Wall Street Set to Weekly Loss United States Stock MarketUS stocks were volatile on Friday, with a volume 30% higher than in the last month as investors assess a more hawkish shift in global monetary policy and the spread of Omicron. The Dow Jones shed as much as 600 points at the beginning of the session and the S&P was down almost 1%, as the bank shares including GS, American Express, JPMorgan, and Visa, which were the biggest gainers on Thursday, were sharply down. Meanwhile, the tech-heavy Nasdaq reversed earlier losses to trade 0.4% higher, after losing almost 1.4%. Still, all three main averages are on track to book weekly losses.2021-12-17T19:19:00"
Dollar Hoovers at Near 3-Week High,Currency,"Dollar Hoovers at Near 3-Week HighUnited States CurrencyThe dollar index traded higher above 96.6 on Friday, near to a 3-week high of 96.87 touched on November 24th, as investors were droved away from risky currencies as talks of a more hawkish monetary policy by major central banks intensified, while fears about the omicron variant have been reignited due to how fast it spreads. Investors were slowly coming to terms that US rate hikes next year are imminent with the Fed signaling three interest rate hikes by the end of 2022. Meanwhile, a study showed that the risk of Omicron infection is five times higher than the Delta variant, while has shown no signs of being milder.2021-12-17T18:37:00"
Wall Street Heads For Weekly Loss,Stock Market,"Wall Street Heads For Weekly LossUnited States Stock MarketUS stocks extended losses for the second straight session on Friday heading for a weekly loss, with the Dow Jones shedding more than 500 points, the S&P dipping around 1%, and the Nasdaq Composite slipping 0.4% as investors assess a shift in global monetary policy. Faced with surging inflation, the major central banks signaled a more hawkish stance, raising worries about growth in 2022 while Omicron continues to spread globally. The Federal Reserve signaled three interest rate hikes in 2022 and the Bank of England became the first major central bank to raise rates since the pandemic began. Bank shares including GS, American Express, JPMorgan, and Visa, which were the biggest gainers on Thursday, were sharply down. Also, big tech was under pressure with Amazon, Microsoft, and Alphabet trading lower. On the week, the tech-heavy Nasdaq was almost 3% down, while both the S&P and Dow booked nearly 1% loss.2021-12-17T16:59:00"
US Stocks Fall for 2nd Day,Stock Market,"US Stocks Fall for 2nd DayUnited States Stock MarketUS stocks fell for the second session on Friday heading for a weekly loss, with the Dow Jones shedding more than 500 points, and both the S&P and the Nasdaq down more than 1% as investors assess a shift in global monetary policy. Faced with surging inflation, the major central banks signaled a more hawkish stance, raising worries about growth in 2022 while Omicron continues to spread globally. The Federal Reserve signaled three interest rate hikes in 2022 and the Bank of England became the first major central bank to raise rates since the pandemic began. Bank shares including GS, American Express, JPMorgan, and Visa, which were the biggest gainers on Thursday, were sharply down. Also, big tech was under pressure with Amazon, Microsoft, and Alphabet dipping 1% each. 2021-12-17T14:39:00"
US Treasury Yields Fall on Omicron Concerns,Government Bond 10Y,"US Treasury Yields Fall on Omicron ConcernsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note fell to below 1.42% on Friday, moving toward its lowest level since December 5th as traders sought safety amid the spread of Omicron. US President Joe Biden warned of a winter of severe illness and death for the unvaccinated, while Australia's and UK COVID-19 cases hit pandemic highs as Omicron continued to spread globally. On Wednesday, the US Federal Reserve said it would end its pandemic-era bond purchases in March, with officials seeing three rate hikes by the end of 2022. Policymakers voiced concerns over rising inflation amid solid gains in economic activity and the labor market, while noting that risks to the growth outlook remain due to the pandemic, in particular the Omicron coronavirus variant.  2021-12-17T09:24:13.74"
Dollar Pressured by ECB and BoE,Currency,"Dollar Pressured by ECB and BoEUnited States CurrencyThe dollar index hovered around 96 on Friday, remaining under pressure as traders digested a slew of hawkish central bank policy statements. Earlier this week, as expected, the Federal Reserve announced that it would end pandemic era asset purchases in March and hike interest rates three times next year. Meanwhile, on Thursday, the Bank of England surprised markets by raising rates for the first time since the pandemic began and the European Central Bank announced it would reduce the pace of its asset purchases under its €1.85 trillion PEPP next quarter and wind down the scheme next March earlier than expected. 2021-12-17T07:20:00"
DXY Remains Under Pressure,Currency,"DXY Remains Under PressureUnited States CurrencyThe dollar index briefly fell below 96 on Thursday morning, the second consecutive session of decline, as its appeal weakened after the Federal Reserve avoided any drastic changes to its monetary policy. As expected, the Federal Reserve suggested it would end pandemic-era asset purchases earlier and hike interest rates three times next year amid low unemployment and high inflation. Meanwhile, the Bank of England unexpectedly hiked its bank rate to 0.25% citing mounting inflationary pressures. In contrast, ECB cut its pandemic bond-buying, but pledged further stimulus avoiding any discussion about the possibility of future rate hikes. 2021-12-16T16:19:41.607"
US Services Sector Expands at Strong Pace,Services PMI,"US Services Sector Expands at Strong PaceUnited States Services PMIThe IHS Markit US Services PMI declined to 57.5 in December 2021 from 58.0 in the previous month and below market expectations of 58.5, a preliminary estimate showed. Still, the latest reading suggested the upturn in business activity remained sharp as demand conditions strengthened. The pace of new business growth accelerated to the fastest for five months, while employment growth eased to a three-month low as pressure on capacity remained substantial. Subsequently, backlogs of work rose at the third-fastest pace on record. On the price front, input cost inflation hit a new high and output charges rose at the second-sharpest pace on record. Finally, business confidence improved to the strongest since November 2020 on hopes of new client acquisitions and greater inflows of new orders.2021-12-16T14:58:05.837"
US Factory Growth Unexpectedly Slows to 1-Year Low: Markit,Manufacturing PMI,"US Factory Growth Unexpectedly Slows to 1-Year Low: MarkitUnited States Manufacturing PMIThe IHS Markit Manufacturing PMI for the US fell to 57.8 in December of 2021 from 58.3 in November and below market forecasts of 58.5, preliminary estimates showed. The reading pointed to the slowest growth in factory activity in a year. Although the pace of output growth quickened to the fastest for three months, the rate of expansion was muted compared to those seen earlier in the year as material shortages – although easing to the lowest since May, as measured by suppliers’ delivery times – hampered production again. The rate of job creation quickened to the fastest since June, but numerous panellists stated that problems finding and retaining staff persisted. Input prices continued to rise at a marked pace, offering firms little respite from inflationary pressure amid greater transportation, distribution and material costs. Output charges also rose sharply, albeit at the softest rate since April. Finally, output expectations for the year ahead were the greatest for four months.2021-12-16T14:54:42.543"
Dow Jones Hits 4-week High,Stock Market,Dow Jones Hits 4-week HighUnited States Stock MarketUS30 increased to a 4-week high of 360832021-12-16T14:30:03.23
US Industrial Output Rises Less than Forecast,Industrial Production Mom,"US Industrial Output Rises Less than ForecastUnited States Industrial Production MomIndustrial production in the United States rose 0.5 percent from a month earlier in November 2021, following an upwardly revised 1.7 percent growth in October and compared with market expectations of a 0.7 percent advance. Manufacturing output rose 0.7 percent, reaching its highest level since January 2019, driven by gains in the production of durables (0.8 percent), nondurables (0.5 percent), and other manufacturing such as logging and publishing (0.8 percent). Within durables, the largest increases were posted by motor vehicles and parts and by aerospace and miscellaneous transportation equipment. Within nondurables, textile and product mills, paper, and plastics and rubber products all recorded gains of more than 1 percent, while the index for petroleum and coal products fell 1.2 percent. Meanwhile, mining output increased 0.7 percent, while utilities output shrank 0.8 percent.2021-12-16T14:20:00"
Factory Activity in Philadelphia Below Forecasts,Philadelphia Fed Manufacturing Index,"Factory Activity in Philadelphia Below ForecastsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US fell to 15.4 in December of 2021 from a seven-month high of 39 in November and well below market forecasts of 30. The reading pointed to the weakest growth in factory activity in Philadelphia since December last year. The survey’s indicators for general activity, shipments, and new orders all declined to their lowest readings in 2021 but remained positive this month. However, the employment index improved somewhat. Both price indexes declined but remained elevated. The survey’s future general activity and new orders indexes moderated, but the surveyed firms remained generally optimistic about growth over the next six months.2021-12-16T13:36:00"
US Building Permits Exceeds Expectations,Building Permits,"US Building Permits Exceeds ExpectationsUnited States Building PermitsBuilding permits in the United States rose 3.6 percent from a month earlier to a seasonally adjusted annual rate of 1.712 million in November of 2021, above market expectations of 1.663 million. Permits for buildings with five units or more jumped 6.1 percent to a rate of 560 thousand and single-family authorizations rose 2.7 percent to a rate of 1.103 million. Permits increased significantly in the Northeast (12.4 percent to 145 thousand); in the South (4.9 percent vs 901 thousand); West (4.6 percent to 451 thousand); while permits fell in the Midwest (-8.1 percent to 215 thousand). 
2021-12-16T13:34:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 47442021-12-16T11:13:46.497
DXY Falls for 2nd Session,Currency,"DXY Falls for 2nd SessionUnited States CurrencyThe dollar index touched 96.1 on Thursday morning, falling for a second consecutive session as its appeal weakened after the Federal Reserve avoided any drastic changes to its monetary policy. As expected, the Federal Reserve suggested it would end pandemic-era asset purchases earlier and hike interest rates three times next year amid low unemployment and high inflation. Meanwhile, the Bank of England unexpectedly hiked its bank rate to 0.25% citing mounting inflationary pressures. In contrast, today ECB is also likely to signal that it will keep buying bonds throughout the year, in an attempt to rule out any rate hike in 2022.2021-12-16T10:06:00"
Dollar Steadies as Fed Announcement Mulled,Currency,"Dollar Steadies as Fed Announcement MulledUnited States CurrencyThe dollar index stabilized around 96.4 on Thursday, after a highly volatile session a day before as the Federal Reserve issued its policy statement. The Federal Reserve said it would end pandemic-era asset purchases in March and begin raising interest rates amid low unemployment and high inflation. Traders initially bought the dollar on prospects of higher interest rates, but the markets reversed after investors turned bullish on the economy and embraced risk assets. The greenback also remained vulnerable to the fast-spreading omicron variant, as a potential hit to the global economy could cloud the outlook and delay stimulus and rate lift off.2021-12-16T05:35:42.727"
US Capital Flows Reverse the September’s Deficit in October,Capital Flows,"US Capital Flows Reverse the September’s Deficit in OctoberUnited States Capital FlowsThe United States recorded a capital and financial account surplus of USD 143 billion in October of 2021, following a downwardly revised USD 27.3 billion deficit in the previous month. Foreign investors' Treasuries transactions decreased by USD USD 43.5 in October, compared with an inflow of USD 1.4 billion in the previous month. Meanwhile, foreigners bought USD 7.1 billion of long-term US securities, after purchasing USD 26.7 3 billion in the previous month.
2021-12-15T21:16:10.977"
US 10-Year Bond Yield Rises,Government Bond 10Y,"US 10-Year Bond Yield RisesUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note extended gains to 1.46%, after the US Federal Reserve said it would end its pandemic-era bond purchases in March, with officials seeing three rate hikes by the end of 2022. Policymakers voiced concerns over rising inflation amid solid gains in economic activity and the labor market, while noting that risks to the growth outlook remain due to the pandemic, in particular the Omicron coronavirus variant.2021-12-15T19:12:00"
DXY Strengthens Further,Currency,"DXY Strengthens Further United States CurrencyThe US dollar index rose more than 0.2% to 96.9 on Wednesday, approaching a 16-month high touched in November, after the US Federal Reserve doubled the pace of taper to $30 billion a month and paved the way for three interest rate hikes by the end of 2022, avoiding any drastic changes to its monetary policy.2021-12-15T19:04:00"
US Crude Stocks Fall for 3rd Week,Crude Oil Stocks Change,"US Crude Stocks Fall for 3rd WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 4.584 million barrels in the week ending December 10th, a third consecutive period of decline and compared with market forecasts of a 2.082 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories were down by 0.719 million barrels, compared with expectations of a 1.606 million increase.2021-12-15T15:33:10.553"
Russell 2000 Hits 16-week Low,Stock Market,Russell 2000 Hits 16-week LowUnited States Stock MarketUS2000 decreased to a 16-week low of 21422021-12-15T15:21:16.733
US Export Price Inflation Beats Expectations,Export Prices MoM,"US Export Price Inflation Beats ExpectationsUnited States Export Prices MoMPrices for US exports went up 1.0 percent month-over-month in November of 2021,easing from an upwardly revised 1.6 percent increase in October and beating market expectations of a 0.5 percent rise. It was the 18th straight monthly gain in export prices, underpinned by both nonagricultural (1.0 percent vs 1.7 percent in October) and agricultural (0.8 percent vs 1.0 percent) exports, with the former advancing for the 13th month in a row. Within nonagricultural exports, prices rose primarily on the back of industrial supplies and materials, capital goods, automotive vehicles, consumer goods, which more than offset a fall in costs of nonagricultural foods. Among agricultural products, inflation was driven by prices of wheat, fruit, cotton, and corn, which more than offset lower nut and soybean prices. Year-on-year, export prices soared an unprecedented 18.2 percent, following an 18.0 percent hike in October.2021-12-15T13:36:00"
NY Business Activity Growth Accelerates Further in December,NY Empire State Manufacturing Index,"NY Business Activity Growth Accelerates Further in DecemberUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index rose to 31.9 in December of 2021 from 30.9 in November, beating forecasts of 25, pointing to strong growth in business activity in the New York State. New orders (27.1 vs 28.8 in November) and shipments (27.1 vs 28.8) posted substantial increases, and firms had more unfilled orders (19 vs 12.7). Delivery times lengthened significantly (23.1 vs 32.2), though less so than last month. Labor market indicators pointed to a solid increase in employment (21.4 vs 26) and a longer average workweek (12.1 vs 23.1). Both price indexes moved somewhat lower but remained near recent record highs. Plans for capital and technology spending were strong. Looking ahead, firms remained optimistic that conditions would improve over the next six months (34.6, the same as in November), though optimism is still lower than it was in the fall.2021-12-15T13:33:00"
US Mortgage Applications Fall: MBA,Mortgage Applications,"US Mortgage Applications Fall: MBAUnited States Mortgage ApplicationsMortgage applications in the US fell 4 percent in the week ended December 10th, after a 2 percent advance om the previous period. The refinancing rate tumbled 6.4 percent while applications to purchase a home went up 0.7 percent, data from the Mortgage Bankers Association showed. Meanwhile, the average fixed 30-year mortgage rate was unchanged at 3.3 percent.2021-12-15T12:03:10.587"
Dollar Firms Up as Fed Decision Looms,Currency,"Dollar Firms Up as Fed Decision LoomsUnited States CurrencyThe dollar index held above 96.4 on Wednesday, remaining in a strong position versus a basket of major rivals as markets looked towards the much awaited Federal Reserve decision. The Fed is widely expected to announce an acceleration of its tapering process and signal earlier rate hikes as the economy stayed robust, with upbeat employment numbers and elevated inflation levels. US consumer prices accelerated to the highest level since 1982 at 6.8% in November, while producer prices grew at the fastest pace in over 13 years at 9.6%. Markets have been pricing for the Fed to wrap up asset purchases around March and then proceed with one or two rate hikes in 2022. Meanwhile, the greenback remained vulnerable to the fast-spreading omicron variant, as a potential hit to the global economy could cloud the outlook and delay stimulus and rate lift off.2021-12-15T05:39:29.26"
Treasury Yields Edge Higher as Fed Meeting Looms,Government Bond 10Y,"Treasury Yields Edge Higher as Fed Meeting LoomsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note traded higher around 1.44% in the third week of December as markets prepared for a busy central bank calendar week, headlined by the two-day Federal Reserve meeting to be concluded on Wednesday. The Fed is widely expected to signal a faster tapering of its asset purchases and an earlier start to rate hikes as the economy stayed robust, with upbeat employment numbers and high inflation. The annual inflation rate stood at 6.8% in November, accelerating to its highest level since 1982, while producer prices rose 9.6%, above market expectations, and the highest in over 13 years.2021-12-14T17:37:35.403"
Dollar Strengthens Ahead of Fed Meeting,Currency,"Dollar Strengthens Ahead of Fed MeetingUnited States CurrencyThe dollar index erased early losses and traded higher above 96.4 on Tuesday,  extending gains versus a basket of major rivals to a 2-1/2-week high, as markets prepared for a busy central bank calendar week, headlined by the two-day Federal Reserve meeting to be concluded on Wednesday. The Fed is widely expected to signal a faster tapering of its asset purchases and an earlier start to rate hikes as the economy stayed robust, with upbeat employment numbers and high inflation. The annual inflation rate stood at 6.8% in November, the highest since 1982, while producer prices rose 9.6%, above market expectations, and the highest in over 13 years. Still, the greenback remains vulnerable to the fast-spreading omicron variant, as a potential hit to the global economy could cloud the outlook and delay stimulus and rate lift-off.2021-12-14T17:22:00"
Dollar Firms Up amid Hawkish Fed Hopes,Currency,"Dollar Firms Up amid Hawkish Fed HopesUnited States CurrencyThe dollar index firmed up above 96.3 on Tuesday, remaining in a strong position versus a basket of major rivals as markets prepared for a busy central bank calendar week, headlined by the two-day Federal Reserve meeting to be concluded on Wednesday. The Fed is widely expected to signal a faster tapering of its asset purchases and an earlier start to rate hikes as the economy stayed robust, with upbeat employment numbers and high inflation. The annual inflation rate stood at 6.8% in November, accelerating to its highest level since 1982. Meanwhile, the greenback remained vulnerable to the fast-spreading omicron variant, as a potential hit to the global economy could cloud the outlook and delay stimulus and rate lift off.2021-12-14T05:43:38.42"
The Dow Jones Index decreasing 0.60%,Stock Market,"The Dow Jones Index decreasing 0.60%United States Stock MarketUnited States Stock Market is falling 217 points. Losses were driven by Boeing (-3.35%), Home Depot (-2.30%) and Dow Inc (-1.92%). Biggest rises came from Coca-Cola (2.83%), J&J (2.09%) and P&G (1.70%).2021-12-13T20:30:17.55"
Wall Street Starts the Week Lower,Stock Market,"Wall Street Starts the Week LowerUnited States Stock MarketUS stocks extended losses on Monday, with the Dow Jones falling around 300 points and both the S&P and the Nasdaq losing around 0.7% each as investors remain cautious ahead of key central bank decisions this week, including the Fed and continue to monitor the developments around new omicron variant. The Fed is expected to speed up tapering and traders will be looking for any clues for an earlier interest rate hike in 2022. Consumer discretionary and energy were the worst-performing sectors, falling by nearly 2% each. Also, Moderna, Pfizer and BioNTech surged more than 4% after Dr. Anthony Fauci said Covid booster shots are “optimal care”. Meanwhile, Apple shares were trading slightly lower, cutting 1% gain following an upgrade from JP Morgan. 2021-12-13T14:34:00"
Treasury Yields Falls Slightly ahead of FOMC,Government Bond 10Y,"Treasury Yields Falls Slightly ahead of FOMCUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was edged down to 1.43% in the third week of December as investors await a highly anticipated FOMC meeting on Wednesday. The Fed is expected to speed up tapering and traders will be looking for any clues for an earlier interest rate hike in 2022. On Friday, the CPI report showed inflationary pressures persist, with the annual inflation rate hitting the highest since 1982.2021-12-13T10:08:00"
Dollar Steady Ahead of Fed Meeting,Currency,"Dollar Steady Ahead of Fed MeetingUnited States CurrencyThe dollar index stabilized above 96.2 on Monday, remaining relatively quiet as markets prepared for a busy central bank calendar week, headlined by the two-day Federal Reserve meeting on Dec. 14-15. The Fed is widely expected to signal a faster tapering of its asset purchases and an earlier start to rate hikes as the economy stayed robust, with upbeat employment numbers and high inflation. The annual inflation rate stood at 6.8% in November, accelerating at its highest level since 1982. Meanwhile, the greenback remained vulnerable to Omicron-related news, as a potential hit to the global economy could cloud the outlook and delay stimulus and rate lift off. 2021-12-13T08:17:00"
Dow Jones above 36000,stock market,Dow Jones above 36000United States stock marketDow Jones rose above 36000 points.2021-12-12T23:00:46.663
Dollar Weakens After US Inflation Data,Currency,"Dollar Weakens After US Inflation DataUnited States CurrencyThe dollar index lost some ground to trade around just above 96 against a basket of currencies on Friday, after data showed the US consumer price inflation jumped to 6.8% in November, the highest since 1982 and well above the Fed's target of 2%. Still, the consumer prices data came as expected gearing up investors to bet that this is the peak of year-on-year numbers, so the Fed will not need to speed up the tightening cycle. Investors now turn attention to Fed’s meeting next week to try to assess clues on the future path of the monetary policy.  On the other hand, the greenback benefited from lingering threats from the Omicron variant, as some nations introduced renewed restrictions amid a spike in global infection cases. A study also found that the new variant is more transmissible and has a higher chance of escaping immunity than the delta.2021-12-10T21:10:43.617"
US Government Budget Deficit Widens as Expected,Government Budget Value,"US Government Budget Deficit Widens as ExpectedUnited States Government Budget ValueThe US budget deficit widened to USD 191 billion in November 2021, compared with a USD 145.3 billion gap in the same period last year and market expectations of a USD 195 billion gap. Outlays surged 29.5 percent to USD 472.5 billion, while receipts soared 28.1 percent to USD 281.2 billion 2021-12-10T18:55:00"
US 10Y Treasury Note Yield Trims Early Gains,Government Bond 10Y,"US 10Y Treasury Note Yield Trims Early GainsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note edged higher to 1.50% on Friday, losing some initial momentum as investors digested US inflation data. Consumer prices climbed 6.8% from a year earlier in November, the highest inflation rate since 1982 amid soaring energy prices, strengthening the case for the Fed to double the pace of tapering next week. A faster unwinding of monetary stimuli could bring forward interest rate hikes by the middle of 2022. Traders also weigh the risks to economic growth from omicron restrictions. 
2021-12-10T13:42:00"
Dollar Little-Changed After US Inflation Data,Currency,"Dollar Little-Changed After US Inflation DataUnited States CurrencyThe dollar index held at 96.3 against a basket of currencies on Friday, after data showed the US consumer price inflation jumped to 6.8% in November, the highest since 1982 and well above the Fed's target of 2%. The central bank is expected to announce that it will speed up the pace of its stimulus tapering at next week’s policy meeting, and to signal a more aggressive path for interest rate hikes in 2022. Elsewhere, the greenback benefited from lingering threats from the Omicron variant, as some nations introduced renewed restrictions amid a spike in global infection cases. A study also found that the new variant is more transmissible and has a higher chance of escaping immunity than the delta.2021-12-10T13:42:00"
US Treasury Yields Rise Ahead of Inflation Data,Government Bond 10Y,"US Treasury Yields Rise Ahead of Inflation DataUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was slightly higher at 1.51% on Friday as investors await the highly-anticipated CPI release later in the day which will likely show inflation was the highest since 1982 last month, strengthening the case for the Fed to double the pace of taper next week. Traders also weigh the risks to economic growth from omicron restrictions. 2021-12-10T09:49:45.217"
Dollar Steady Ahead of Inflation Data,Currency,"Dollar Steady Ahead of Inflation DataUnited States CurrencyThe dollar index was steady around 96.3 on Friday as markets await key US inflation data that could influence Federal Reserve tightening plans. Market estimates are suggesting that the reading could mark its highest year-on-year level since 1982, which could reinforce the Fed’s hawkish turn. The central bank is expected to announce that it will speed up the pace of its stimulus tapering at next week’s policy meeting, and to signal a more aggressive path for interest rate hikes in 2022. Meanwhile, the dollar gained a quarter of a percent in the previous session amid lingering threats from the Omicron variant, with some nations introducing renewed restrictions as global infection cases rise. A study also found that the new variant is more transmissible and has a higher chance of escaping immunity than the delta.2021-12-10T05:34:00"
US Futures Mixed ahead of Inflation Data,Stock Market,"US Futures Mixed ahead of Inflation DataUnited States Stock MarketUS stock futures were mixed on Friday as investors await key inflation data, while the Federal Reserve’s final policy meeting of the year scheduled next week looms. Dow Jones and S&P 500 futures were flat and Nasdaq 100 futures edged up 0.2%. The moves came after the major averages snapped a 3-day win streak coming off a sharp rebound from Omicron-triggered lows. The tech-heavy Nasdaq Composite led the market lower with a 1.71% decline, followed by the S&P 500 which fell 0.72%, while the Dow was unchanged. The consumer cyclical, technology, real estate and energy sectors were the biggest underperformers, dragged by losses from Amazon (-1.13%), Tesla (-6.1%), Nvidia (-4.2%), American Tower Corp (-1.74%) and ConocoPhillips (-2.1%), among others. Meanwhile, markets expect a high inflation reading in the November CPI data due later today, which together with a strong jobs data, is driving expectations of a faster pace of Fed tapering and earlier rate hikes.2021-12-10T02:41:00"
US Wholesale Inventories Revised Higher,Wholesale Inventories,"US Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the US went up at a record 2.3% mom to $759.4 billion in October of 2021, slightly higher than initial estimates of a 2.2% rise. Increases were seen in inventories of durables (2.1%), namely metals (6.6%), hardware (3.6%) and autos (2.3%). Stocks of nondurable goods jumped 2.6%, namely petroleum (12.1%), apparel (4.4%) and farm products (4.2%). 2021-12-09T15:05:32.723"
Dollar Strengthens on Thursday,Currency,"Dollar Strengthens on ThursdayUnited States CurrencyThe dollar index edged higher to 96.3 on Thursday after retreating in the previous session, as concerns over the impact of omicron on the global economy reemerge, despite optimism about the efficacy of vaccines and studies showing it is less severe than initially thought. Meanwhile, investors await Friday’s inflation report which is expected to confirm persistent inflation in the US and could fuel further rate hike bets and strengthen the case for the Fed to double the pace of taper next week2021-12-09T12:10:00"
US Stocks Set to End 3-Day Winning Streak,Stock Market,"US Stocks Set to End 3-Day Winning StreakUnited States Stock MarketUS futures traded lower on Thursday, with contracts on the Dow Jones falling more than 100 points and both the S&P 500 and the Nasdaq losing almost 0.5%. Stocks are set to end a 3-day winning streak, as the omicron rally paused and traders try to assess what will be the impact of the new omicron coronavirus variant on the economic recovery. Travel stocks were among the worst performers in pre-market trading. Traders also turn their attention to US inflation data due tomorrow which will likely show inflationary pressures persist, strengthening the case for the Fed to double the pace of taper next week.2021-12-09T11:58:00"
"Dollar Ebbs on Risk Rally, Fed in Focus",Currency,"Dollar Ebbs on Risk Rally, Fed in FocusUnited States CurrencyThe dollar index traded around 96 on Thursday, after retreating from a recent peak as safe haven assets ebbed on easing concerns around the Omicron variant. Risk assets including equities, commodities and risk-sensitive currencies gained against the dollar on Wednesday amid reports suggesting the new variant is milder than initially feared, with Pfizer and BioNTech saying that a booster shot of their vaccine provides a high level of protection against the new variant. Meanwhile, investors await Friday’s inflation report which is expected to confirm persistent inflation and could fuel further Federal Reserve rate hike bets. Major central banks are also scheduled to meet next week to decide on monetary policy, headlined by the Fed’s Dec. 14-15 meeting. 2021-12-09T08:43:52.427"
US Futures Flat after Third Day of Gains,Stock Market,"US Futures Flat after Third Day of GainsUnited States Stock MarketUS stock futures were little changed on Thursday, after the major averages gained for three consecutive days as concerns that the Omicron variant could derail the economic recovery faded. Dow Jones, S&P 500 and Nasdaq 100 futures swung marginally between gains and losses. Equities advanced after Pfizer and BioNTech said Wednesday morning that a booster dose of their vaccine provides a high level of protection against the new variant. 9 out of the 11 S&P sectors closed higher, led by the communication services, healthcare, real estate and technology sectors. On an individual stock basis, sharp rallies were seen from Roku (18.23%), Docusign (10.92%), Epam Systems (17.67%), Roblox (7.58%) and Digital World Acquisition (28.1%). Meanwhile, investors await Friday’s inflation report which is expected to confirm persistent inflationary pressures and could fuel further Fed rate hike bets.2021-12-09T07:56:00"
US Crude Oil Socks Fall Much Less than Expected,Crude Oil Stocks Change,"US Crude Oil Socks Fall Much Less than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the US edged down by 0.24 million barrels in the latest week, the second consecutive decline, but well below market forecasts of a 1.705 million drop, data from the EIA Petroleum Status Report showed. However, stocks at Cushing, Oklahoma, jumped by 2.37 million, the biggest rise since mid-February. Gasoline inventories were up by 3.882 million, above forecasts of 1.798 million.2021-12-08T15:37:55.9"
Treasury Yields Continue to Rise,Government Bond 10Y,"Treasury Yields Continue to RiseUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note reversed course to trade higher at 1.53% on Wednesday as worries over the impact of the omicron coronavirus variant eased further after Pfizer and BioNTech announced a 3rd dose of its coronavirus vaccine is effective in neutralizing the new strain. Yields rose for a 3rd straight session after sinking to an over 2-month low of 1.33% on Friday after the payrolls report showed the lowest job creation in the year. Traders now await fresh CPI data due Friday which is likely to show inflationary pressures persist, strengthening the case for the Fed to continue to tighten2021-12-08T14:26:00"
Dollar Edges Lower as Concerns Over Omicron Ease,Currency,Dollar Edges Lower as Concerns Over Omicron EaseUnited States CurrencyThe dollar index edged down to 96 on Wednesday as encouraging news regarding the omicron coronavirus variant boosted investors' risk appetite. Pfizer and BioNTech announced a 3rd dose of its coronavirus vaccine is effective in neutralizing the omicron variant and other studies suggested that although the new strain is more contagious it appears to be less severe than initially expected. Traders now await more economic data for the US to be released during the week including the inflation rate which could strengthen the case for the Fed to continue to tighten. 2021-12-08T13:10:00
Treasury Yields Edge Lower,Government Bond 10Y,"Treasury Yields Edge LowerUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note edged down to 1.47% on Wednesday as investors continue to assess the new omicron coronavirus variant and the impact it will have on the economic recovery. Pfizer and BioNTech announced a 3rd dose of its coronavirus vaccine is effective in neutralizing the omicron variant but worries persist that more restrictions could derail the economic rebound. Attention also turns to fresh CPI data due Friday which is likely to show inflationary pressures persist, strengthening the case for the Fed to continue to tighten. 2021-12-08T10:31:00"
Dollar Softens Slightly,Currency,"Dollar Softens SlightlyUnited States CurrencyThe dollar index fell 0.22% to 96.16 on Wednesday, as traders looked ahead to key inflation data that will be due on Friday US. Meantime, market fears around the Omicron variant eased after top US infectious disease official Dr. Anthony Fauci said that early indications suggested the variant was not worse than prior strains, and possibly milder. On the data front, the  US trade deficit narrowed sharply to $67.1 billion in October of 2021 from a record-high $81.4 billion gap in September, with both exports and imports hitting their record highs.2021-12-08T05:17:00"
The Dow Jones Index rising 1.31%,Stock Market,"The Dow Jones Index rising 1.31%United States Stock MarketUnited States Stock Market is gaining 460 points. Leading the gains are American Express (3.84%), Salesforce.com (2.98%) and Apple (2.91%).2021-12-07T20:30:04.743"
US Consumer Credit Misses Forecasts,Consumer Credit,"US Consumer Credit Misses Forecasts United States Consumer CreditConsumer credit in the United States increased by USD 16.897 billion in October of 2021, following a downwardly revised USD 27.8 billion gain in the previous month and below market expectations of a USD 25 billion rise. Revolving credit increased by USD 6.58 billion while non-revolving credit went up by USD 10.31 billion.
2021-12-07T20:04:29.077"
US Imports Rise 0.9% to New Record,Imports,"US Imports Rise 0.9% to New RecordUnited States ImportsImports to the United States increased further by USD 2.5 billion to a new record high of USD 290.7 billion in October 2021, amid a continued recovery in domestic demand helped by gains in the labor market and a strong economic rebound. Purchases of goods were up USD 1.8 billion due to imports of automotive vehicles, parts, and engines (up USD 1.5 billion) such as passenger cars, and consumer goods (up USD 0.9 billion), driven by gem diamonds and cell phones and other household goods. On the other hand, imports were down for industrial supplies and materials, like organic chemicals and other petroleum products, and capital goods, led by semiconductors and civilian aircraft. Imports of services increased USD 0.7 billion, boosted by transport and travel.2021-12-07T13:40:00"
US Exports Jump 8.1% to Record High,Exports,"US Exports Jump 8.1% to Record HighUnited States ExportsExports from the United States increased by USD 16.8 billion from a month earlier to USD 223.6 billion in October 2021, the highest level since the series began in 1950, reflecting strong foreign demand and a general rise in prices. Exports of goods were sharply higher on the back of sales of: industrial supplies and materials (up USD 6.4 billion), led by crude oil and nonmonetary gold; capital goods (up USD 3.1 billion), due to other industrial machines and civilian aircraft; foods, feeds, and beverages (up USD 2.1 billion) such as soybeans; consumer goods (up USD 1.6 billion), driven by gem diamonds; and automotive vehicles, parts, and engines. Exports of services increased USD 1.0 billion, boosted by travel, other business services and charges for the use of intellectual property.2021-12-07T13:36:00"
US Q3 Labor Productivity Falls the Most Since 1960,Productivity,"US Q3 Labor Productivity Falls the Most Since 1960United States ProductivityNonfarm labor productivity in the US fell an annualized 5.2 percent in the third quarter of 2021, more than a preliminary estimate of a 5 percent decrease and worse than market expectations of a 4.9 percent drop. It was the largest decline in quarterly productivity since the second quarter of 1960, as output increased 1.8 percent (vs 8.5 percent in Q2) while hours worked jumped 7.4 percent (vs 5.9 percent in Q2). Year-on-year, nonfarm business sector labor productivity went down 0.6 percent, the most since the fourth quarter of 1993.2021-12-07T13:33:00"
LMI Logistics Index at 3-Month High,Lmi Logistics Managers Index Current,"LMI Logistics Index at 3-Month HighUnited States Lmi Logistics Managers Index CurrentThe Logistics Manager’s Index increased to 73.4 in November of 2021, the highest in 3 months, from 72.6 in September mainly due to involving capacity, cost and downstream inventories. The transportation crunch remains particularly pronounced, with transportation prices hitting 92.7 and warehousing prices reaching a new record high of 89.3 for the sixth time in nine months. These high prices are due to the rapid movement of a significant volume of inventory from upstream storage to downstream retailers. The shortages of retail goods this holiday season have not been as severe as they were predicted to be. This seems to have been largely achieved by firms spending heavily on warehousing and transportation to get goods downstream. Warehousing space is in particularly high demand downstream, where capacity is contracting 9.2 points more quickly than upstream, as firms work to meet customer demand. 2021-12-07T10:56:00"
Dollar Firms Up on Rising US Yields,Currency,"Dollar Firms Up on Rising US YieldsUnited States CurrencyThe dollar index firmed up above 96.3 on Tuesday, as US treasury yields rose off recent lows following reports that the Omicron variant is milder than previously feared. Expectations for a faster Federal Reserve stimulus tapering also remained intact with policymakers appearing to be focused on signs of a tightening labor market and persistently high inflation instead of the threat from the new variant. Moreover, a growing number of policymakers have thrown their support behind normalizing policies and setting the stage for hiking rates in order to combat inflation. Meanwhile, a mixed US jobs report last week did little to shake market expectations of a more aggressive Fed tightening. Traders now look ahead to the US consumer price data due for release on Friday, seen by analysts as likely supporting the case for an earlier tapering and stronger dollar.2021-12-07T07:15:00"
The Dow Jones Index increases 1.86%,Stock Market,"The Dow Jones Index increases 1.86%United States Stock MarketUnited States Stock Market is up by 643 points. The rise is driven by Intel (3.75%), Walgreens Boots Alliance (3.74%) and Visa (3.53%).2021-12-06T20:30:02.527"
US Treasury Yields Rebound from Over 2-Month Lows,Government Bond 10Y,"US Treasury Yields Rebound from Over 2-Month LowsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged higher to 1.46% as investors' risk appetite improved and attention now turns to fresh CPI data due Friday which is likely to show inflationary pressures persist, strengthening the case for the Fed to continue to tighten. The 10-year yield hit an over 2-month low of 1.33% on Friday after the payrolls report showed the lowest job creation in the year. At the same time, traders continue to weigh risks to the economic outlook from a new coronavirus variant.2021-12-06T08:35:00"
Dollar Firms Up on Fed Tightening Bets,Currency,"Dollar Firms Up on Fed Tightening BetsUnited States CurrencyThe dollar index jumped back above 96.2 on Monday, as expectations for a faster Federal Reserve stimulus tapering remained intact with policymakers appearing to be focused on signs of a tightening labor market and persistently high inflation instead of the threat from the new Omicron variant. The dollar has been buoyed by a firm hawkish pivot by the Fed, with a growing number of policymakers having thrown their support behind normalizing policies and setting the stage for hiking rates in order to combat inflation. Moreover, a mixed US jobs report last week did little to shake market expectations of a more aggressive Fed tightening. Traders now look ahead to the US consumer price data due for release on Friday, seen by analysts as likely supporting the case for an earlier tapering and stronger dollar. 2021-12-06T07:42:00"
US Futures Rise After Recent Tech Rout,Stock Market,"US Futures Rise After Recent Tech RoutUnited States Stock MarketUS stock futures rose on Monday after investors ditched tech stocks last week amid concerns over the new Omicron variant and a firm hawkish pivot by the Federal Reserve. Dow Jones futures gained 0.6%, while S&P 500 and Nasdaq 100 futures edged up 0.5% and 0.15%, respectively. The richly valued consumer cyclical, communication services, healthcare and technology sectors were the relative underperformers last week, each dropping more than 2% WoW. Docusign shares led the tech losses on Friday, falling 42.22% after the e-signature software provided weak Q4 guidance. Other big decliners among growth names were Tesla (-6.42%), Nvidia (-4.46%), AMD (-4.43%), Alibaba (-8.24%) and Adobe (-8.24%). Meanwhile, the IMF urged the Fed on Friday to tighten monetary policy at a faster pace in light of rising inflation risks, citing the US’ strong economic position compared with other developed countries. Elsewhere, the Omicron variant has now been detected in at least 15 states, CDC said on Sunday.2021-12-06T06:50:00"
Russell 2000 Hits 15-week Low,Stock Market,Russell 2000 Hits 15-week LowUnited States Stock MarketUS2000 decreased to a 15-week low of 21472021-12-03T20:14:27.697
S&P 500 Hits 6-week Low,Stock Market,S&P 500 Hits 6-week LowUnited States Stock MarketUS500 decreased to a 6-week low of 45052021-12-03T19:20:07.263
US 10-Year Bond Yield Eases Towards 2-1/2-Month Low,Government Bond 10Y,"US 10-Year Bond Yield Eases Towards 2-1/2-Month LowUnited States Government Bond 10YThe yield on 10-year Treasury notes edged lower to 1.36% on Friday, moving towards a near 2-1/2-month low of 1.304% touched on September 22nd, as investors crowded into bonds looking for safety after a sentiment of risk-off that took hold in markets. Also, US non-farm payrolls came in below market expectations, showing the lowest job creation in the year, although the unemployment rate eased more than expected to 4.2%, while the labor force participation rate ticked up to 61.8%. Meanwhile, investors have been weighing concerns over the emergence of a new coronavirus variant against prospects of a faster tapering by the US Federal Reserve. Fed Chief Powell said earlier this week the central bank will discuss whether to reduce their bond purchases faster than previously anticipated at its next meeting and the word ""transitory"" is no longer the most accurate term to describe current inflation.2021-12-03T19:01:00"
US 10Y Bond Yield Hits 10-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 10-week LowUnited States Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 10-week low of 1.4003%2021-12-03T16:09:03.613
NASDAQ 100 Hits 5-week Low,Stock Market,NASDAQ 100 Hits 5-week LowUnited States Stock MarketUSNDX decreased to a 5-week low of 156692021-12-03T16:05:11.723
US Factory Orders Beat Expectations,Factory Orders,"US Factory Orders Beat ExpectationsUnited States Factory OrdersNew orders for US manufactured goods rose 1% month-over-month in October of 2021, following an upwardly revised 0.5% gain in September and beating market expectation of a 0.5% increase. The strongest contribution came from non-durable goods industries (2.4% vs 1.3% in September); primary metals (1.7% vs 1.0%), primarily iron and steel mills (2.3% vs 1.3%) and aluminum and non ferrous metals (2.8% vs -0.4%); fabricated metal products (0.3% vs 0.4%); and computers and electronic products (0.8% vs -0.2%). Still, gains were partly offset by falling orders in machinery (-0.7% vs 1.5%), weighed down by construction machinery; and a steep drop in orders of transport equipment (-2.6% vs -2.8%), reflecting mostly the impact of lower order volumes for aircraft and parts. Excluding transportation, factory orders climbed 1.6%, accelerating from an upwardly revised 1.1% advance in September.2021-12-03T15:03:00"
US November Composite PMI Revised Higher: Markit,Composite PMI,"US November Composite PMI Revised Higher: MarkitUnited States Composite PMIThe IHS Markit US Composite PMI was revised higher to 57.2 in November of 2021, from a preliminary estimate of 56.5. Output was led by the service sector as factories were hampered by supply chain disruptions. The upturn in new business was solid midway through the fourth quarter amid a strong expansion in services new orders. Meanwhile, foreign client demand signalled a renewed rise. Sharper increases in manufacturing and service sector input prices led to the fastest rise in cost inflation on record. Alongside greater fuel and material costs, firms noted a steeper uptick in wage bills. Although the rate of charge inflation softened from October, it was the second-sharpest on record as firms sought to pass on higher costs to customers. Despite ongoing reports of difficulties retaining workers, private sector employment rose sharply in November and at the fastest pace for five months. The rate of growth in backlogs of work softened, but it was the third-steepest on record.2021-12-03T14:56:15.7"
US November Services PMI Revised Higher: Markit,Services PMI,"US November Services PMI Revised Higher: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 58.0 in November 2021 from a preliminary of 57.0. Business activity and new orders continued to rise at strong paces. Although output continued to rise at a pace well above the survey’s long-run average, supply and labor issues hampered activity to result in a modest easing in the rate of expansion. Despite employment rising at the fastest pace since June, firms continued to struggle to work through backlogs of work, which rose at the second-fastest pace on record. Meanwhile, cost burdens surged higher. The rate of input price inflation accelerated to the quickest since May and the second highest on record amid supply chain disruption and soaring wage bills. The pace of increase in selling prices slipped slightly, but remained marked overall. Finally, the level of optimism was the strongest since June amid hopes of greater client demand, increased stability in supply chains and an end to COVID-19 uncertainty.2021-12-03T14:52:18.727"
DXY Volatile after Jobs Data,Currency,"DXY Volatile after Jobs DataUnited States CurrencyThe dollar index fell to below 96 on Friday, before bouncing back to 96.2 as investors digest the latest payrolls report. The US economy added just 210 thousand jobs in November, the least since a payroll decline in December 2020 and well below market expectations of 550 thousand but the unemployment rate fell by more than expected to 4.2%, the lowest since February 2020 even though the labour force participation rate climbed to its highest since March 2020. The employment report come days after Federal Reserve Chair Jerome Powell indicated the US central bank would consider speeding up the winding down of its massive bond purchases at its next meeting.2021-12-03T13:50:23.16"
US 10-Year Bond Yield Eases on Weak Payroll Data,Government Bond 10Y,"US 10-Year Bond Yield Eases on Weak Payroll DataUnited States Government Bond 10YThe yield on 10-year Treasury notes edged lower to 1.41% on Friday, moving towards an over two-month low of 1.4% touched on December 1st, after US non-farm payrolls came in below market expectations. Investors have been weighing concerns over the emergence of a new coronavirus variant against prospects of a faster tapering by the US Federal Reserve. Fed Chief Powell said earlier this week the central bank will discuss whether to reduce their bond purchases faster than previously anticipated at its next meeting and the word ""transitory"" is no longer the most accurate term to describe current inflation.2021-12-03T13:48:00"
US Jobless Rate Falls More than Expected,Unemployment Rate,"US Jobless Rate Falls More than ExpectedUnited States Unemployment RateThe US unemployment rate fell by 0.4 percentage points to 4.2 percent in November of 2021 from 4.6 percent in October and well below market expectations of 4.5 percent. It was the lowest jobless rate since February 2020, as the number of unemployed persons fell by 542,000 to 6.9 million. Meanwhile, the labor force participation rate edged up to 61.8 percent in November, the highest level since March 2020, and is 1.5 percentage points lower than in February 2020. The employment-population ratio increased by 0.4 percentage points to 59.2 percent in November, up from its low of 51.3 percent in April 2020 but below 61.1 percent reported in February 2020. 

2021-12-03T13:33:00"
US Wages Rise Less than Expected,Average Hourly Earnings,"US Wages Rise Less than ExpectedUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls increased by 8 cents, or 0.3% over the month to $31.03 in November of 2021, slightly below market expectations of 0.4% and following a 0.4% rise in October. It was the smallest increase in average hourly earnings since March. In November, average hourly earnings of private-sector production and nonsupervisory employees rose by 12 cents to $26.40. Over the past 12 months, average hourly earnings have rose by 4.8 percent, the same pace as in the prior month but missing market estimates of 5%.2021-12-03T13:32:00"
US 10-Year Bond Yield Flat Ahead of Jobs Data,Government Bond 10Y,"US 10-Year Bond Yield Flat Ahead of Jobs DataUnited States Government Bond 10YThe yield on 10-year Treasury notes traded around 1.43% on Friday, not far from an over two-month low of 1.4% touched on December 1st, as investors remain cautious ahead of the release of the highly-anticipated US jobs report due later today, which will be scrutinized for clues on central bank policy path. A larger-than-expected increase in employment levels could boost expectations of an early rate hike by the Federal Reserve, days after Chair Jerome Powell indicated that he expected to discuss speeding up the taper of the bond-buying program at the central bank's next meeting. Investors also remained concerned about the emergence of a new coronavirus variant.2021-12-03T12:11:00"
US Jobless Rate Seen Falling to New Pre-Pandemic Low of 4.5%,Unemployment Rate,"US Jobless Rate Seen Falling to New Pre-Pandemic Low of 4.5%United States Unemployment RateThe US unemployment rate is seen falling further to 4.5 percent in November of 2021 from 4.6 percent in the previous month, the lowest since March 2020. The jobless rate dropped by 1.7 percentage points from 6.3 percent in January to 4.6 in October, but the labor force participation rate edged up only 0.2 percentage points from 61.4 percent to 61.6 percent, remaining well below 63.3 percent in February 2020 amid worries over coronavirus, difficulties finding child care and a desire by many workers to leave their jobs and pursue roles with more flexibility, wages or benefits. A rebound in labor force participation could be further delayed due to the spread of the Omicron variant.2021-12-03T11:56:53.763"
Dollar Edges Higher on Hawkish Fed Outlook,Currency,"Dollar Edges Higher on Hawkish Fed OutlookUnited States CurrencyThe dollar index edged higher to trade above 96.2 on Friday, as markets await key US jobs data that could bolster expectations of earlier interest rate hikes by the Federal Reserve. A growing number of policymakers have thrown their support behind normalizing policies and setting the stage for hiking rates in order to combat inflation. Fed officials Mary Daly, Thomas Barkin and Raphael Bostic in separate statements on Thursday all joined Fed chair Jerome Powell who reiterated on Wednesday that the central bank will discuss an earlier end to pandemic-era stimulus in the December meeting while acknowledging that inflation may remain above target for some time. Meanwhile, uncertainties around the new variant and its economic impact continued to weigh on the dollar, as the US and other major economies reported more Omicron cases.2021-12-03T07:36:18.583"
DocuSign Inc earnings above expectations at 0.58 USD,Earnings,"DocuSign Inc earnings above expectations at 0.58 USDUnited States EarningsDocuSign Inc (DOCU) released earnings per share at 0.58 USD, compared to market expectations of 0.46 USD.2021-12-02T21:28:17.62"
Dow Jones is up by 2%,stock market,Dow Jones is up by 2%United States stock marketDow Jones increased 2% to 347002021-12-02T18:56:51.05
NASDAQ 100 Hits 4-week Low,Stock Market,NASDAQ 100 Hits 4-week LowUnited States Stock MarketUSNDX decreased to a 4-week low of 158002021-12-02T14:30:03.313
Dollar General earnings above expectations at 2.08 USD,Earnings,"Dollar General earnings above expectations at 2.08 USDUnited States EarningsDollar General (DG) released earnings per share at 2.08 USD, compared to market expectations of 2.02 USD.2021-12-02T13:06:49.463"
Dollar Steady amid Hawkish Powell Remarks,Currency,"Dollar Steady amid Hawkish Powell RemarksUnited States CurrencyThe dollar index steadied around 96 on Thursday, after extreme fluctuations in the last four sessions as markets weighed the risks from the Omicron variant against hawkish remarks from Federal Reserve chairman Jerome Powell. The Fed chief reiterated in congress on Wednesday that policymakers will discuss an earlier end to the central bank’s bond-buying program in the next meeting. He also emphasized the need to be ready to respond to the possibility that inflation may not recede in the second half of next year as most forecasters currently expect. Meanwhile, uncertainties around the new variant and its economic impacts continued to weigh on the dollar, as the US was the latest country to report its first Omicron case.2021-12-02T05:09:05.847"
CrowdStrike Holdings Inc. earnings above expectations at 0.17 USD,Earnings,"CrowdStrike Holdings Inc. earnings above expectations at 0.17 USDUnited States EarningsCrowdStrike Holdings Inc. (CRWD) released earnings per share at 0.17 USD, compared to market expectations of 0.10 USD.2021-12-01T21:41:47.717"
Synopsys earnings above expectations at 1.82 USD,Earnings,"Synopsys earnings above expectations at 1.82 USDUnited States EarningsSynopsys (SNPS) released earnings per share at 1.82 USD, compared to market expectations of 1.78 USD.2021-12-01T21:30:45.917"
Veeva Systems earnings above expectations at 0.97 USD,Earnings,"Veeva Systems earnings above expectations at 0.97 USDUnited States EarningsVeeva Systems (VEEV) released earnings per share at 0.97 USD, compared to market expectations of 0.88 USD.2021-12-01T21:30:27.247"
US 10-Year Bond Yield Hovers at 3-Week Low,Government Bond 10Y,"US 10-Year Bond Yield Hovers at 3-Week LowUnited States Government Bond 10YThe yield on 10-year Treasury notes traded around 1.45%, hovering around a 3-week low of 1.4393% touched on November 9th, as investors balanced concerns over the emergence of a new coronavirus variant with prospects of a faster tapering by the US Federal Reserve. Fed Chief Powell said the central bank will discuss whether to reduce their bond purchases faster than previously anticipated at its next meeting and the word ""transitory"" is no longer the most accurate term to describe current inflation.2021-12-01T18:40:00"
US Crude Stocks Drop Less than Forecast,Crude Oil Stocks Change,"US Crude Stocks Drop Less than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 0.91 million barrels in the week ending November 26th, following a 1.017 million rise in the previous period and compared with market forecasts of a 1.237 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories were up by 4.029 million barrels, more than an expected 0.029 million increase.2021-12-01T15:33:02.117"
US Construction Spending Rebounds in October,Construction Spending,"US Construction Spending Rebounds in OctoberUnited States Construction SpendingConstruction spending in the US went up 0.2 percent from the previous month to a seasonally adjusted annual rate of USD 1.598 trillion in October of 2021, after a downwardly revised 0.1 percent drop in September and compared with market expectations of a 0.4 percent increase. Public construction outlays rebounded by 1.8 percent (vs -0.1 percent in September), while spending on private construction fell 0.2 percent (vs -0.1 percent), mostly lodging (-1.3 percent) and power (-0.6 percent).2021-12-01T15:03:00"
US Manufacturing PMI Revised Lower: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Lower: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised lower to 58.3 in November 2021, from a preliminary estimate of 59.1 and slightly below the previous month's final reading of 58.4. The latest figure pointed to the weakest pace of expansion in the manufacturing sector since December 2020 amid reports of near-record supply delays and slowing demand. Output growth was the second-slowest since September 2020 and new orders rose the least in 11 months. In addition, the rate of job creation slowed to only a modest pace, however, as labor shortages stymied efforts to fill current vacancies. On the price front, input cost inflation hit a new record due to higher prices for metals, chemicals and plastics, alongside greater freight and transportation costs. Despite the faster increase, the rate of output charge inflation eased to a three-month low. Finally, expectations regarding the outlook for output over the coming year improved to a three-month high.2021-12-01T14:51:00"
US 10-Year Bond Yield Rebounds,Government Bond 10Y,"US 10-Year Bond Yield ReboundsUnited States Government Bond 10YThe yield on 10-year Treasury notes rebounded from a nine-week low to 1.5% on Wednesday, as investors balanced concerns over the emergence of a new coronavirus variant with prospects of a faster tapering by the US Federal Reserve. Fed Chief Powell said the central bank will discuss whether to reduce their bond purchases faster than previously anticipated at its next meeting and the word ""transitory"" is no longer the most accurate term to describe current inflation.2021-12-01T09:30:14.083"
Dollar Steady amid Hawkish Powell Remarks,Currency,"Dollar Steady amid Hawkish Powell RemarksUnited States CurrencyThe dollar index steadied close to the 96 level on Wednesday, after extreme fluctuations in the previous session as markets weighed the risks from the Omicron variant against hawkish remarks from Federal Reserve chairman Jerome Powell. The Fed chief said the central bank likely will discuss a faster withdrawal of its massive bond-buying program at its next meeting, citing a strong economy and expectations that factors pushing inflation upward will linger well into next year. Several policymakers have been calling for a quicker wind-down of asset purchases and higher interest rates, as the US inflation hit a three-decade high in November and as the labor market recovers steadily. Meanwhile, the greenback remained under pressure amid fears the global economy could take longer to return to pre-pandemic levels due to the new variant.2021-12-01T06:29:14.817"
Salesforce.com earnings above expectations at 1.27 USD,Earnings,"Salesforce.com earnings above expectations at 1.27 USDUnited States EarningsSalesforce.com (CRM) released earnings per share at 1.27 USD, compared to market expectations of 0.92 USD.2021-11-30T21:32:20.047"
The Dow Jones Index decreasing 1.74%,Stock Market,"The Dow Jones Index decreasing 1.74%United States Stock MarketUnited States Stock Market is falling 613 points. Losses were driven by Salesforce.com (-3.91%), Dow Inc (-3.32%) and American Express (-3.24%).2021-11-30T20:30:14.113"
Dollar Rises Towards 16-Month High,Currency,"Dollar Rises Towards 16-Month HighUnited States CurrencyThe dollar index erased early losses to bounce back to 96.5 on Tuesday, moving towards a recent 16-month high of 96.9 hit on November 24th, after Federal Reserve Chair Jerome Powell said the central bank likely will discuss a faster withdrawal of its massive bond-buying programme at its next meeting, citing a strong economy and expectations that factors pushing inflation upward will linger well into next year. Several policymakers have been calling for a quicker wind-down of asset purchases and higher interest rates, as the US inflation hit a three-decade high in November and as the labor market recovers steadily.2021-11-30T16:51:00"
Texas Service Activity Growth Picks Up in November,Dallas Fed Services Index,"Texas Service Activity Growth Picks Up in NovemberUnited States Dallas Fed Services IndexThe Federal Reserve Bank of Dallas' general business activity index for services in Texas rose to 22.7 in November 2021, from 20.7 in the previous month, pointing to an acceleration to the state's service sector activity growth. The revenue index, a key measure of state service sector conditions, increased to 25.4 from 19.6, while labor market indicators suggest continued growth in hiring and a lengthening of average hours worked. The employment index dipped 1.3 points to 12.9, even as the part-time employment index rose to the highest since 2007. The hours worked index was roughly unchanged at 13.3. Finally, wage and price pressures continued to build in November, with indexes at historically high levels.2021-11-30T16:17:59.45"
Russell 2000 Hits 7-week Low,Stock Market,Russell 2000 Hits 7-week LowUnited States Stock MarketUS2000 decreased to a 7-week low of 22132021-11-30T16:05:55.36
S&P 500 Hits 4-week Low,Stock Market,S&P 500 Hits 4-week LowUnited States Stock MarketUS500 decreased to a 4-week low of 45852021-11-30T16:00:08.473
US 10-Year Bond Yield Eases to 9-Week Low,Government Bond 10Y,"US 10-Year Bond Yield Eases to 9-Week LowUnited States Government Bond 10YThe yield on 10-year Treasury hit a new 9-week intraday low of 1.41% on Tuesday, as investors crowded into bonds looking for safety amid concerns over the emergence of a new coronavirus variant and its impact on global growth. On the other hand, offering some support, the Federal Reserve Chair, Jerome Powell, said the central bank likely will discuss a faster withdrawal of its massive bond-buying program at its next meeting, citing a strong economy and expectations that factors pushing inflation upward will linger well into next year. The Fed began to reduce its support for the economy in November and is currently on track to fully taper its $120 billion in monthly purchases of Treasuries and mortgage-backed securities by next June. The world's largest economy has been struggling with mounting inflationary pressure amid a steady recovery in the labor market, with many policymakers saying they remain open to accelerating the pace of the central bank's bond taper. 2021-11-30T15:26:00"
Chicago Business Barometer Falls in November,Chicago PMI,"Chicago Business Barometer Falls in NovemberUnited States Chicago PMIThe Chicago Business Barometer fell to 61.8 in November 2021, from 68.4 in the previous month and below market expectations of 67.0. It was the lowest reading since February, suggesting there was a slowdown in activity in the Chicago region. The gauge for order backlogs dropped to 60.8, 6 points below the 12-month average, as firms reported a reduction in the size of incoming orders, while the employment sub-index declined to 51.6, as firms struggled to find qualified workers to meet vacancies. In addition, new orders fell back to their February level of 58.2, while inventories rose to 59.6, the highest since Fall 2018 as some firms reported stockpiling to get ahead of further supply chain disruptions and counteract logistical issues. On the cost front, prices paid remained close to October's multi-decade high.2021-11-30T15:10:48.497"
US House Prices Rise Less in September: FHFA,House Price Index MoM,"US House Prices Rise Less in September: FHFAUnited States House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.9 percent from a month earlier in September 2021, following a 1 percent gain in August. Year-on-year, house prices rose 17.7 percent. Considering Q3, US house prices rose 18.5 percent from a year earlier. “House price appreciation reached its highest historical level in the quarterly series,” said William Doerner, Ph.D., Supervisory Economist in FHFA’s Division of Research and Statistics. “Compared to a year ago, annual gains have increased in every state and metro area. Real estate prices have risen exceptionally fast, but market momentum peaked in July as month-over-month gains have moderated.”2021-11-30T14:13:05.61"
US 10-Year Bond Yield Falls to 3-Week Low,Government Bond 10Y,"US 10-Year Bond Yield Falls to 3-Week LowUnited States Government Bond 10YThe yield on 10-year Treasury notes fell back below 1.5%, hovering around its lowest level since early November, as investors rushed for safety amid concerns over the emergence of a new coronavirus variant and its impact on global growth. Still, prospects of faster tightening plans by the US Federal Reserve could provide some support. The world's largest economy has been struggling with mounting inflationary pressure amid a steady recovery in the labor market, with many policymakers saying they remain open to accelerating the pace of the central bank's bond taper. Traders will be waiting for the Federal Reserve chief Powell's testimony Tuesday, as well as key economic data including the US jobs report on Friday.2021-11-30T08:31:39.637"
"Dollar Weakens, Still Remaining Close to Recent Peak",Currency,"Dollar Weakens, Still Remaining Close to Recent PeakUnited States CurrencyThe dollar index fell below 96 on Tuesday, still remaining close to a recent high, as traders balanced concerns about the efficacy of vaccines against the Omicron coronavirus variant with expectations of higher US interest rates. Atlanta Federal Reserve president Raphael Bostic was the latest among a growing number of Fed officials stating openness to accelerating the pace of stimulus tapering after he expressed hopes that the momentum of the US economy will carry it through the next wave of the pandemic. He also acknowledged the possibility of at least two rate hikes next year if inflation remains elevated. Meanwhile, Fed chair Jerome Powell told the US congress on Monday that the Omicron variant poses a threat to the economy, citing downside risks to employment and economic activity, and increased uncertainty for inflation.2021-11-30T04:36:00"
US Futures Climb as Virus Fears Ease,Stock Market,"US Futures Climb as Virus Fears EaseUnited States Stock MarketUS stock futures climbed higher on Tuesday as market fears and uncertainties surrounding the Omicron variant somewhat eased, with investors evaluating its impact on the economic recovery and monetary policy. Dow Jones futures edged up 0.4%, while S&P 500 and Nasdaq 100 futures each gained about 0.3% and 0.2%, respectively. The three major averages rebounded on a broad rally in the regular session after president Joe Biden announced that economic lockdowns are currently off the table and there will be no new travel restrictions. Moreover, the South African doctor who first raised the alarm over the new strain described the symptoms as “extremely mild”, while the WHO said it will take weeks to understand how the variant may affect diagnostics, therapeutics and vaccines. Meanwhile, Federal Reserve chair Jerome Powell told congress that the Omicron variant poses a threat to the economy, citing downside risks to employment and economic activity and increased uncertainty for inflation.2021-11-30T02:27:00"
Wall Street Rebounds on Tech Rally,Stock Market,"Wall Street Rebounds on Tech Rally United States Stock MarketAll three main US averages partially offset previous sessions losses on Monday. The Dow traded 0.7% higher to close at 35,136, the S&P added 1.3% and climbed to the 4,655 level, while the Nasdaq rose 1.8% to end the session at 15,783. Investors tried to assess the impact of the Omicron coronavirus variant on the economic recovery and monetary policy. The tech stocks rallied while travel and economy-related equities remained under pressure. Many countries, including the US, have already moved to restrict travel from southern Africa, while vaccine makers are also investigating whether new formulations are required to fight the spread of the new variant. Among single stocks, capping some indexes gains, Merck & Co fell 5.4% after an updated study showed a lower efficacy of its pill in reducing the risk of hospitalization and deaths. Elsewhere, investors keep an eye on a batch of economic data later this week, such as the job report on Friday and the ISM manufacturing survey.2021-11-29T21:03:00"
The Dow Jones Index rising 0.85%,Stock Market,"The Dow Jones Index rising 0.85%United States Stock MarketUnited States Stock Market is gaining 295 points. Leading the gains are Salesforce.com (4.58%), IBM (3.06%) and UnitedHealth (2.83%). Top losers are Merck & Co (-5.93%), Caterpillar (-1.67%) and Walmart (-1.33%).2021-11-29T20:30:12.94"
Wall Street Rebounds After Friday's Sell-Off,Stock Market,"Wall Street Rebounds After Friday's Sell-OffUnited States Stock MarketThe Dow was up more than 300 points, the S&P increased more than 1.5%, and the Nasdaq gained 2.5% recovering from Friday's sharp sell-off, as investors tried to assess the impact of the Omicron coronavirus variant on the economic recovery and monetary policy. The tech stocks were leading the gains while travel and economy-related equities remained under pressure. Many countries, including the US, have already moved to restrict travel from southern Africa, while vaccine makers are also investigating whether new formulations are required to fight the spread of the new variant. Elsewhere, investors await key economic data including the November jobs report on Friday and the ISM manufacturing survey on Wednesday. The Dow Jones gained 290 points or 0.8% after posting its worst day since October 2020, while the S&P 500 added 50 points or 1.1% and the Nasdaq advanced 200 points or 1.3%.2021-11-29T14:33:00"
US Stock Futures Point to Solid Gains,Stock Market,"US Stock Futures Point to Solid GainsUnited States Stock MarketUS stock futures pointed to solid gains at Monday's open, aiming to rebound from Friday's sharp sell-off, as investors looked to assess the impact of the Omicron coronavirus variant on the economic recovery and monetary policy, especially on the Federal Reserve's hawkish stance. Dow Jones futures gained 1%, while S&P 500 and Nasdaq 100 futures moved higher by 1.2% and 1.4%, respectively. Many countries have already moved to restrict travel from southern Africa, while vaccine makers are also investigating whether new formulations are required to fight the spread of the new variant. Elsewhere, investors also await key economic data including the November jobs report on Friday and the ISM manufacturing survey on Wednesday.2021-11-29T13:58:00"
US 10-Year Bond Yield Rebounds,Government Bond 10Y,"US 10-Year Bond Yield ReboundsUnited States Government Bond 10YThe yield on 10-year Treasury notes rose back above 1.5%, after touching on Friday its lowest level since early November, as investors weigh concerns over the emergence of a new coronavirus variant against prospects of faster tightening plans by the US Federal Reserve. The world's largest economy has been struggling with mounting inflationary pressure amid a steady recovery in the labor market, with many policymakers saying they remain open to accelerating the pace of the central bank's bond taper. Traders will be waiting for the Federal Reserve chief Powell's testimony Tuesday, as well as key economic data including the US jobs report on Friday.2021-11-29T09:19:00"
Dollar Rises as Hawkish Bets Remain,Currency,"Dollar Rises as Hawkish Bets RemainUnited States CurrencyThe dollar index gained more than 0.2% to trade above 96.3 on Monday, as traders balanced concerns over the Omicron variant with expectations of higher US interest rates. Atlanta Federal Reserve president Raphael Bostic was the latest among a growing number of Fed officials stating openness to accelerating the pace of stimulus tapering after he expressed hopes that the momentum of the US economy will carry it through the next wave of the pandemic. He also acknowledged the possibility of at least two rate hikes next year if inflation remains elevated. Markets meanwhile monitor closely any developments on the new variant as Japan suspended all new entries by foreign nationals on Monday.2021-11-29T05:53:00"
DXY Falls Sharply,Currency,"DXY Falls SharplyUnited States CurrencyThe dollar index almost touched 96 on Friday, easing from a 16-month high hit early in the week, and tracking a global fall in Treasury yields after a new coronavirus strain was identified in South Africa, raising concerns of further lockdowns and restrictions that could weigh on the economic recovery. The US dollar declined against the Euro, Pound, and safe-haven Japanese yen and the Swiss Franc while it rallied against commodities and risk-sensitive currencies including the New Zealand and Australian dollars, Mexican peso, and Russian ruble. 2021-11-26T18:37:43.63"
Wall Street Plunges on New Virus Strain,Stock Market,"Wall Street Plunges on New Virus StrainUnited States Stock MarketUS stocks tumbled on Friday as investors dumped riskier assets on renewed concerns over the global economic recovery after a new coronavirus and possibly vaccine-resistant coronavirus variant was identified in South Africa. The Dow Jones sank 2.5% to near levels not seen since October 14th, the S&P 500 dropped 2.3% getting closer to values observed at the end of October, and the Nasdaq Composite declined 2.2% to levels seen on October 29th. Cyclicals, Travel-related, and small-caps were among the biggest losers, namely Royal Caribbean (-13.2%), United Airlines (-9.6%), American Airlines (-8.8%), American Express (-8.6%), and Boeing (-5.4%). Meantime, vaccine-related and stay-at-home stocks cushioned the falls. Moderna jumped 20.6% and Pfizer shares rose 6.1% while Zoom traded 9.1% higher and Verizon gained 0.3%. On the week, all three main averages booked losses, Dow Jones closed 2.0% lower, the S&P fell 2.2%, and the Nasdaq Composite plunged 3.5%.2021-11-26T18:05:00"
Wall Street Sinks on New Virus Strain,Stock Market,"Wall Street Sinks on New Virus StrainUnited States Stock MarketUS stocks tumbled on Friday as investors dumped riskier assets on renewed concerns over a new coronavirus variant discovered in South Africa that threats the global economic recovery as some countries including the UK already banned flights to the country. The Dow Jones sank more than 1000 points, the S&P 500 was down 2.3% and the Nasdaq declined 2%. Travel-related stocks were among the biggest losers, namely Boeing (-8%), United Airlines (-13%) and American Airlines (-12%). Bank and industrial shares were also sharply lower. Investors return from the Thanksgiving holiday to a shortened trading session. Markets will close early at 1:00 PM.2021-11-26T14:35:00"
US Treasury Yields Fall Sharply amid Flight to Safety,Government Bond 10Y,"US Treasury Yields Fall Sharply amid Flight to SafetyUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was down by more than 10 basis points to 1.49% on Friday, the lowest in 3 weeks, amid flight to safety due to a new coronavirus variant identified in South Africa, with some countries including the UK, Singapore and Israel curbing travel from South Africa and other neighbouring countries. Investors return from the Thanksgiving holiday for a shortened session which will likely be volatile amid worries over further lockdowns and travel restrictions. 2021-11-26T08:49:00"
Dollar Steady Amid COVID Jitters,Currency,"Dollar Steady Amid COVID JittersUnited States CurrencyThe dollar index was steady around 96.7 on Friday, despite concerns over a new coronavirus variant detected in South Africa that spooked markets. The US dollar rallied against commodities and risk-sensitive currencies including the New Zealand and Australian dollars, while it declined against the Japanese yen. Meanwhile, the dollar index remained close to a 16-month high hit on Wednesday as outlook for US rates grew increasingly hawkish. Minutes from the last FOMC meeting showed a growing number of policymakers are ready to adjust the pace of asset purchases and raise interest rates sooner than anticipated if inflation remains above target. Moreover, weekly unemployment claims in the US fell to the lowest level since 1969, Q3 GDP was revised upwards to 2.1% and US PCE inflation accelerated 0.6% in October, all pointing to a sharp economic recovery and continued upward price pressures.2021-11-26T04:24:00"
US Futures Fall Amid Renewed COVID Fears,Stock Market,"US Futures Fall Amid Renewed COVID FearsUnited States Stock MarketUS stock futures slumped ahead of a shortened session on Friday as investors dumped risk assets on renewed concerns over a more potent virus variant. Contracts on the Dow Jones futures dropped 2%, while S&P 500 and Nasdaq 100 futures declined 1.6% and 1.2%, respectively. Britain introduced travel restrictions on South Africa and five neighbouring countries after scientists detected a new COVID-19 variant in South Africa that may be able to evade immune responses and counter vaccine effects. Global stocks plunged on Friday, along with risk-sensitive New Zealand and Australian dollars, Russian ruble and Mexican peso while safe-haven yen and gold jumped. Meanwhile, US equity markets underwent extreme volatility this week after a hawkish tilt from the Fed and a succession of upbeat economic data bolstered expectations of higher US interest rates. 2021-11-26T03:23:00"
Dollar Eases on the Thanksgiving,Currency,"Dollar Eases on the Thanksgiving United States CurrencyThe dollar rally paused on the Thanksgiving as investors take a breath to digest strong economic data for the US, a more hawkish Fed stance and rising coronavirus infections and restrictions in Europe. The DXY was around 96.7 after touching a fresh 16-month high of 96.9 the day before. 2021-11-25T08:39:00"
US Futures Higher,Stock Market,"US Futures HigherUnited States Stock MarketUS futures were higher on the Thanksgiving, extending gains from the previous session, as investors continue to bet the American economic recovery will remain resilient despite persistent price pressures and an eventual faster monetary policy tightening by the Fed. Recent FOMC minutes showed the Fed is ready to cut stimulus and raise interest rates sooner than anticipated if inflation continued to run high. On Wednesday, the Dow Jones ended little changed at 35804, the S&P 500 gained 0.2% to 4701 and the Nasdaq closed 0.4% higher at 15845. The stock market will be closed on Thursday and will close early on Friday for the Thanksgiving holiday.2021-11-25T08:21:02.21"
"Dollar Sits High on Hawkish Fed, Upbeat US Data",Currency,"Dollar Sits High on Hawkish Fed, Upbeat US DataUnited States CurrencyThe dollar index held onto gains above 96.6 on Thursday, as the Federal Reserve continued to signal a more hawkish stance. The latest Fed policy meeting minutes showed that a growing number of policymakers have tilted towards adjusting the pace of asset purchases and raising interest rates sooner than anticipated if inflation proved to be more persistent. Moreover, San Francisco Fed bank president Mary Daly said in an interview on Wednesday that she could see a case being made to speed up the Fed’s tapering of its bond purchases, in a shift of tone from a normally dovish Daly. Meanwhile, weekly unemployment claims in the US fell to the lowest level since 1969, Q3 GDP was revised upwards to 2.1% and US PCE inflation accelerated 0.6% in October, all pointing to a sharp economic recovery and continued upward price pressures.2021-11-25T05:02:12.317"
US 10-Year Bond Yield Remains Close to 1-Month High,Government Bond 10Y,"US 10-Year Bond Yield Remains Close to 1-Month HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged lower to 1.65% on Wednesday, but remained close to a recent four-week peak of 1.68%, as investors digested the minutes of the latest Federal Reserve's policy meeting and a batch of economic data. Federal Reserve policymakers voiced concerns about the inflation outlook and indicated that the central bank should be prepared to adjust the pace of asset purchases and raise interest rates sooner than anticipated if inflation continued to run high. On the data front, the jobless claims dropped to a 52-year low last week, while personal outlays and PCE prices rose firmly in October. The bond market will be closed on Thursday and will close early on Friday for the Thanksgiving holiday.2021-11-24T19:31:00"
Dollar at 16-Month High,Currency,"Dollar at 16-Month HighUnited States CurrencyThe dollar index strengthened toward 96.9 on Wednesday, a fresh 16-month high as investors continue to bet the Fed will have to tighten monetary policy faster than initially anticipated as inflation remains elevated and the US economic recovery remains more robust than others in Europe or Japan. Minutes from the last FOMC meeting showed Fed officials are ready to raise interest rates if inflation continues to run high. Traders digest a batch of economic data which showed a fall in initial claims, an unexpected drop in durable goods orders and an upward revision for GDP growth. Also, both personal income and spending topped forecasts and PCE inflation came in line with forecasts. The greenback is also benefiting from its safe-haven status amid surging COVID-19 cases and the reimposition of lockdowns in Europe.2021-11-24T19:19:39.597"
US Crude Inventories Unexpectedly Rise: EIA,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly Rise: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories rose 1.017 million barrels in the week ending November 19th, after a 2.101 million drop in the previous period and compared with market forecasts of 0.481 million decrease, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories fell 0.603 million barrels, more than an expected 0.561 million drop. 2021-11-24T15:35:10.797"
US Consumer Sentiment Revised Higher,Consumer Confidence,"US Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to 67.4 in November of 2021 from a preliminary of 66.8 and above market expectations of 66.9. It was still the lowest reading since November 2011. The gauge for expectations was revised higher to 63.5 from 63 and the current conditions subindex was revised higher to 73.6 from 73.2. Inflation expectations for the year ahead increased to 4.9% from 4.8% in the previous month, matching initial figures while the 5-year outlook went up to 3% from 2.9%, above preliminary figures of 2.9%. Consumers expressed less optimism in the November 2021 survey than any other time in the past decade about prospects for their own finances as well as for the overall economy. The decline was due to a combination of rapidly escalating inflation combined with the absence of federal policies that would effectively redress the inflationary damage to household budgets.2021-11-24T15:06:00"
US Personal Income Rises More than Forecast,Personal Income,"US Personal Income Rises More than ForecastUnited States Personal IncomePersonal income in the United States increased 0.5 percent from a month earlier in October 2021, partially recovering from a 1.0 percent drop in September and beating market expectations of a 0.2 percent gain. It was the largest rise in income for three months, primarily due to increases in compensation of employees on the back of higher private wages and salaries, and personal income receipts on assets boosted by both dividend income and interest income. On the other hand, government social benefits declined, reflecting decreases in payments from three pandemic-related unemployment programs.2021-11-24T15:03:00"
US Core Capital Goods Orders Rise More than Expected,Non Defense Capital Goods Orders Ex Aircraft,"US Core Capital Goods Orders Rise More than ExpectedUnited States Non Defense Capital Goods Orders Ex AircraftOrders for non-defense capital goods excluding aircraft in the United States, a closely watched proxy for business spending plans, rose by 0.6 percent from a month earlier in October 2021, following an upwardly revised 1.3 percent increase in September and above market expectations of 0.5 percent. 2021-11-24T13:56:00"
"US Futures Lower on Yields, Earnings",Stock Market,"US Futures Lower on Yields, EarningsUnited States Stock MarketUS futures were lower on Wednesday, with contracts on the Dow Jones falling almost 200 points and both the S&P 500 and the Nasdaq losing more than 0.5% each. Rising Treasury yields continue to pressure tech shares and investors digest fresh economic data which showed a fall in initial claims, an unexpected drop in durable goods orders and an upward revision for GDP growth. Disappointing earnings also weighed on the retail sector. Shares of Gap were down around 22% in pre-market trading after the company reported weaker-than-expected results and lowered sales forecast. Also, stocks of Nordstrom plunged around 25% on earnings miss.2021-11-24T13:54:00"
Dollar Hits Fresh 16-Month High,Currency,"Dollar Hits Fresh 16-Month HighUnited States CurrencyThe dollar index strengthened toward 96.9 on Wednesday, a fresh 16-month high as investors continue to bet the Fed will have to tighten monetary policy faster than initially anticipated as inflation remains elevated and the US economic recovery remains more robust than others in Europe or Japan. The latest data showed the US economy slowed to 2.1% in Q3, slightly better than earlier estimates and weekly jobless claims tumbled to the lowest since 1969. The greenback is also benefiting from its safe-haven status amid surging COVID-19 cases and the reimposition of lockdowns in Europe. 2021-11-24T13:51:00"
US 10-Year Bond Yield Erases Losses,Government Bond 10Y,"US 10-Year Bond Yield Erases LossesUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note cut losses to hover around 1.67% on Wednesday, not far from a four-week high of 1.68% the day before, following a stronger-than-expected jobless claims report and solid increases in personal income and outlays, as well as rising PCE prices. Traders continue to bet the Fed will need to tight monetary policy faster as inflationary pressures remain elevated and the economy continues to recover. Investors now await the release of FOMC minutes. The bond market will be closed on Thursday and will close early on Friday for the Thanksgiving holiday.2021-11-24T13:46:00"
US Corporate Profits Rise to All-Time High in Q3,Corporate Profits,"US Corporate Profits Rise to All-Time High in Q3United States Corporate ProfitsCorporate profits in the United States rose 4.3 percent to a fresh record high of USD 2.54 trillion in the third quarter of 2021, slowing from a 10.5 percent jump in the previous period, a preliminary estimate showed. Undistributed profits climbed 7.3 percent to $1.10 trillion and net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, advanced 2.5 percent to $3.16 trillion. Also, net dividends increased 2.0 percent to $1.44 trillion.
2021-11-24T13:37:00"
US Goods Trade Gap Narrows in October,Goods Trade Balance,"US Goods Trade Gap Narrows in OctoberUnited States Goods Trade BalanceThe US goods trade deficit narrowed to USD 82.9 billion in October 2021 from an upwardly revised series high of a USD 97 billion trade gap in September, the advance estimate showed. Exports of goods increased 10.7 percent to USD 157.4 billion, led by higher sales of foods, feeds, & beverages (16.6 percent), automotive vehicles (14.4 percent), and industrial supplies (11.9 percent). Imports rose 0.5 percent to USD 240.3 billion, boosted by purchases of automotive vehicles (5.7 percent), and foods, feeds, & beverages (1.9 percent), while purchases of industrial supplies declined 1.2 percent.2021-11-24T13:35:00"
US Wholesale Inventories Rise at Record Pace,Wholesale Inventories,"US Wholesale Inventories Rise at Record PaceUnited States Wholesale InventoriesWholesale inventories in the US rose 2.2 percent month-over-month to $758.5 billion in October of 2021, up from a 1.4 percent increase in September, a preliminary estimate showed. It was the 15th consecutive month of gains and at the strongest pace since available records began in 1992, amid solid increases in both non-durable goods (2.7 percent vs 1.5 percent in September) and durable goods inventories (1.9 percent vs 1.4 percent). On a yearly basis, wholesale inventories advanced 14.3 percent in October.2021-11-24T13:34:00"
US Durable Goods Orders Unexpectedly Drop,Durable Goods Orders,"US Durable Goods Orders Unexpectedly Drop United States Durable Goods OrdersNew orders for US manufactured durable goods fell 0.5 percent month-over-month in October of 2021, after a 0.4 percent decrease in September and compared to market expectations of a 0.2 percent increase. Orders declined for transportation equipment (-2.6 percent), namely nondefense aircraft and parts (-14.5 percent) and defense aircraft and parts (-21.8 percent). Other declines were also seen in orders for computers and related products (-2.2 percent), nondefense capital goods (-1.2 percent) and machinery (-0.9 percent). Excluding defense, new orders climbed 0.8 percent and excluding transportation went up 0.5 percent, in line with forecasts. Meanwhile, orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, rose 0.6 percent, above forecasts of 0.5 percent. 2021-11-24T13:34:00"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the US increased 1.8% in the week ended November 19th, following a 2.8% fall in the previous week, data from the Mortgage Bankers Association showed. The purchase index jumped 4.7% and the refinancing one edged up 0.4%. The average fixed 30-year mortgage rate was up by 4bps to 3.24%. “Both conventional and government loan applications increased, and the average loan size for a purchase loan was at $407,200, continuing its ongoing 2021 run of being mostly above $400,000. The financial markets continue to discern the Federal Reserve’s policy path in the coming months in light of the current high growth, high inflation environment. Despite a fair amount of rate volatility last week, mortgage rates were higher. Borrowers continue to lock in mortgages in anticipation of higher rates in the future"", said Joel Kan, an MBA economist.2021-11-24T12:04:00"
Dollar at Fresh 16-Month High,Currency,"Dollar at Fresh 16-Month HighUnited States CurrencyThe dollar index strengthened to a fresh 16-month high of 96.7 on Wednesday, as investors continue to bet the Fed will have to tighten monetary policy faster than initially anticipated as inflation remains elevated and the US economic recovery remains more robust than others in Europe or Japan. The greenback is also benefiting from its safe-haven status amid surging COVID-19 cases and reimposition of lockdowns in Europe. 2021-11-24T10:38:00"
US Treasury Yields Fall Slightly,Government Bond 10Y,"US Treasury Yields Fall SlightlyUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was around 1.65% on Wednesday after hitting a 4-week high of 1.68% the day before, as traders continue to bet the Fed will need to tight monetary policy faster than expected as inflationary pressures remain elevated and the economy continues to recover. Investors also await a batch of economic releases due today, including the second GDP growth estimate, PCE inflation and FOMC minutes. The bond market will be closed on Thursday and will close early on Friday for the Thanksgiving holiday. 2021-11-24T09:23:08.593"
Dollar Consolidates Gains After Powell Rally,Currency,"Dollar Consolidates Gains After Powell RallyUnited States CurrencyThe dollar index hovered close to a 16-month high around 96.5 on Wednesday, buoyed by the reappointment of Federal Reserve chairman Jerome Powell which bolstered bets for higher interest rates. Markets consider Powell to be more likely to respond sooner and harder to inflation than Lael Brainard, the other leading candidate, who will be Fed vice chair. The news somewhat removed policy uncertainty as outlook for US rates grew increasingly hawkish, with at least three Fed officials having openly discussed speeding up of stimulus tapering. The dollar was also helped by a jump in bond yields, with the US Treasury yield bouncing back above 1.6%, along with its safe-haven status amid surging COVID-19 cases and reimposition of lockdowns in Europe.2021-11-24T03:54:00"
VMware earnings above expectations at 1.72 USD,Earnings,"VMware earnings above expectations at 1.72 USDUnited States EarningsVMware (VMW) released earnings per share at 1.72 USD, compared to market expectations of 1.54 USD.2021-11-23T21:19:14.947"
Autodesk earnings above expectations at 1.33 USD,Earnings,"Autodesk earnings above expectations at 1.33 USDUnited States EarningsAutodesk (ADSK) released earnings per share at 1.33 USD, compared to market expectations of 1.26 USD.2021-11-23T21:19:08.6"
US Fifth District Factory Index Remains in Expansionary Territory,Richmond Fed Manufacturing Index,"US Fifth District Factory Index Remains in Expansionary TerritoryUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia decreased to 11 in November of 2021 from a 3-month high of 12 in the previous month. All three component indexes—shipments, new orders, and employment—continued to reflect growth. Survey results suggested that many firms increased employment and wages in November, but they struggled to find workers with the necessary skills. Survey respondents expected these trends to continue in the next six months. The average growth rates of both prices paid and prices received by survey respondents declined in November but remained high. Survey participants expected price growth to slow further over the next year.2021-11-23T15:12:36.61"
Fifth District Services Index Falls in November,Richmond Fed Services Index,"Fifth District Services Index Falls in NovemberUnited States Richmond Fed Services IndexThe Service Sector Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia decreased to 8 in November of 2021 from 9 in the previous month. The index for demand also remained in expansionary territory at 16, down slightly from 18 in October. Survey results indicated that many service sector firms increased employment and wages in November, but they struggled to find workers with the necessary skills. Survey respondents expected this challenge to persist and employment and wages to grow further in the coming months. The average growth rate of prices paid by survey participants declined in November, while that of prices received increased, but growth of prices paid continued to outpace that of prices received. Survey respondents expected growth of both prices paid and prices received to slow in the next 12 months.2021-11-23T15:10:44.627"
US Private Sector Expansion Remains Solid in November,Composite PMI,"US Private Sector Expansion Remains Solid in NovemberUnited States Composite PMIThe IHS Markit US Composite PMI declined to 56.5 in November 2021 from 57.6 in the previous month, signaling a sharp upturn in private sector activity, a preliminary estimate showed. Still, the latest reading also pointed to a slowdown in output growth, amid reports of rising prices, poor input availability and challenges finding suitable candidates for vacancies. New business and employment continued to increase at solid rates and the level of outstanding business rose at the second-sharpest pace on record. On the price front, the rates of inflation of both input costs and output charges hit new peaks. Finally, business confidence improved in November, helped by a sustained period of strong client demand, further easing of COVID-19 restrictions and the acquisition of new customers.2021-11-23T15:00:00"
Analog Devices earnings above expectations at 1.73 USD,Earnings,"Analog Devices earnings above expectations at 1.73 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 1.73 USD, compared to market expectations of 1.70 USD.2021-11-23T13:40:26.653"
Treasury Yields Hit 4-Week High,Government Bond 10Y,"Treasury Yields Hit 4-Week HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note continued to rise to hit a 4-week high of 1.653% on Tuesday, after President Biden nominated Fed Chair Powell for a second term, signaling stability at the Fed, and raising bets that the Fed will keep its tightening plans and will eventually cut stimulus and increase interest rates faster than anticipated. Meanwhile, Monday’s auctions showed that the Treasury sold $58 billion in 2-year notes at a high rate of 0.623%, awarding almost 90.2% of bids at the high rate, while the $59 billion 5-year note auction was sold at a high yield of 1.319%, with 66.7% of bids at this rate. On Tuesday’s auction, the Treasury sold $59 billion in 7-year notes at a high rate of 1.588%, awarding 92.1% of bids at this rate. 2021-11-23T12:00:00"
US Futures Point to Losses at the Open,Stock Market,"US Futures Point to Losses at the OpenUnited States Stock MarketUS futures were flat to lower on Tuesday, following a big tech sell-off the day before prompted by a rally in Treasury yields and the dollar after President Biden picked Jerome Powell for a second term at the Fed. Markets now expect the Fed to continue its tightening plans with some officials even suggesting the central bank will need to reduce stimulus faster than initially anticipated. On Monday, the Nasdaq sank 1.3% to 15855, the S&P 500 fell 0.3% to 4683 and the Dow Jones ended little changed at 35619. Technology, communication services and healthcare sectors were the biggest draggers, while the energy and basic materials sectors gained. Meanwhile, investors await a slew of economic releases this week including the latest FOMC minutes and the Fed-preferred measure of inflation PCE.2021-11-23T08:02:00"
"Dollar Firms Up on Powell Reappointment, Hawkish Bets",Currency,"Dollar Firms Up on Powell Reappointment, Hawkish BetsUnited States CurrencyThe dollar index hovered fresh 16-month highs around 96.5 on Tuesday, lifted by the reappointment of Federal Reserve chairman Jerome Powell which bolstered bets for higher interest rates. Meanwhile, Lael Brainard, who was the other leading candidate and widely considered to be more dovish of the two, will be Fed vice chair. The news somewhat removed policy uncertainty as outlook for US rates grew increasingly hawkish, with at least three Fed officials having openly discussed speeding up of stimulus tapering. The dollar was also buoyed by a jump in bond yields, with the US Treasury yield bouncing back above 1.6%, along with its safe-haven status amid surging COVID-19 cases and reimposition of lockdowns in Europe.2021-11-23T04:08:00"
US Futures Drift Higher After Tech-Led Rout,Stock Market,"US Futures Drift Higher After Tech-Led RoutUnited States Stock MarketUS stock futures drifted higher in overnight trading on Monday after a jump in bond yields triggered a sell-off in technology stocks. Dow Jones futures inched up 0.1%, while S&P 500 and Nasdaq 100 futures rose 0.15% and 0.2%, respectively. Stocks initially rallied after president Biden nominated Federal Reserve chair Jerome Powell for a second four-year term, but reversed course towards the end of the session while yields crept higher. The benchmark 10-year yield jumped back above 1.6%, triggering a sell-off in high-valuation growth pockets of the market. The technology, communication services and healthcare sectors were the biggest decliners, while the energy and basic materials sectors gained. Meanwhile, investors await a slew of economic releases this week including the latest Fed minutes and the Fed-preferred measure of inflation in the PCE.2021-11-22T23:45:00"
The Dow Jones Index increases 0.75%,Stock Market,"The Dow Jones Index increases 0.75%United States Stock MarketUnited States Stock Market is up by 267 points. The rise is driven by Cisco Systems (3.41%), Travelers Companies (3.38%) and Goldman Sachs (3.20%). Biggest losses came from Visa (-1.99%), Johnson & Johnson (-1.47%) and Boeing (-1.23%).2021-11-22T20:30:05.707"
US 10Y Treasury Note Climbs on Powell Nomination,Government Bond 10Y,"US 10Y Treasury Note Climbs on Powell NominationUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note gained more momentum and climbed to 1.60% on Monday, nearing a three-week high of 1.649% hit on November 17th, as traders digested President Biden’s nomination of Jeremy Powell for a second mandate as Chairman of the Federal Reserve. Lael Brainard, the Fed’s Board member who was also up for nomination, was appointed Vice-Chairwoman of the central bank. Monday’s auctions showed that the Treasury sold $58 billion in 2-year notes at a high rate of 0.623%, awarding almost 90.2% of bids at the high rate, while the $59 billion 5-year note auction was sold at a high yield of 1.319%, with 66.7% of bids at this rate. Meanwhile, traders cautiously await the FOMC minutes due on Wednesday for an update on the Fed's tapering plans and the Treasury’s auction later this week, with $59 billion in 7-year notes.2021-11-22T16:40:00"
US 10Y Treasury Note Climbs on Powell Nomination,Government Bond 10Y,"US 10Y Treasury Note Climbs on Powell NominationUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note gained more momentum and climbed to 1.60% on Monday, nearing a three-week high of 1.649% hit on November 17th, as traders digested President Biden’s nomination of Jeremy Powell for a second mandate as Chairman of the Federal Reserve. Lael Brainard, the Fed’s Board member who was also up for nomination, was appointed Vice-Chairwoman of the central bank. Meanwhile, traders cautiously await the  FOMC minutes due on Wednesday for an update on the Fed's tapering plans and the Treasury’s auction later this week, with $58 billion to be raised in 2-year notes, $59 billion in 5-year notes and $59 billion in 7-year notes. 2021-11-22T14:31:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 47192021-11-22T14:30:57.283
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 166442021-11-22T14:30:01.333
Dollar Extends Gains as Powell Will Continue to Lead the Fed,Currency,"Dollar Extends Gains as Powell Will Continue to Lead the FedUnited States CurrencyThe dollar index extended gains for a second consecutive session to a fresh 16-month high of 96.3 on Monday, after President Biden nominated Federal Reserve Chair Jerome Powell for a second four-year term, while Lael Brainard, who was the other top candidate and is seen as more dovish, will be vice chair. Early in the session, the dollar was also buoyed by its safe-haven status amid surging COVID-19 cases and reimposition of lockdowns in Europe. 2021-11-22T14:13:00.313"
Dollar Index Hits 16-month High,currency,Dollar Index Hits 16-month HighUnited States currencyDXY increased to a 16-month high of 96.2412021-11-22T14:00:11.97
Chicago Fed National Activity Index Jumps in October,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Jumps in OctoberUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index jumped to a 3-month high +0.76 in October of 2021 from -0.18 in September, pointing to a pickup in economic growth, led by improvements in production related indicators (contribution of +0.44, up from -0.35 in September), as industrial production surged 1.6%, rebounding from a 1.3% drop in the previous month. The contribution of the sales, orders, and inventories category moved up to +0.05 from +0.01; employment-related indicators contributed +0.24, up from +0.16; and the contribution of the personal consumption and housing category ticked up to +0.03 from +0.01. On the other hand, the index’s three-month moving average edged down to +0.21 from +0.22.2021-11-22T13:37:00"
"US Treasury Yields Edge Higher as FOMC Minutes, Fed Nomination Awaited",Government Bond 10Y,"US Treasury Yields Edge Higher as FOMC Minutes, Fed Nomination AwaitedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was slightly higher around 1.57% on Monday, still below 3-week highs of 1.649% last week, as traders await FOMC minutes due on Wednesday for an update on the Fed's tapering plans and President Biden pick for next Fed Chair. The President is expected to make a Federal reserve chair announcement before the Thanksgiving holiday and the odds are rising that Lael Brainard could be nominated. Meanwhile, the Treasury will auction $58 billion in 2-year notes, $59 billion in 5-year notes and $59 billion in 7-year notes this week.2021-11-22T09:23:00"
"Dollar Firms Up on Virus Fears, Rate Hike Bets",Currency,"Dollar Firms Up on Virus Fears, Rate Hike BetsUnited States CurrencyThe dollar index firmed up above 96 on Monday, with the US currency trading close to a 16-month high against the euro, buoyed by its safe-haven status amid surging COVID-19 cases in western nations and reimposition of lockdowns in Europe. The dollar also strengthened against the Australian and Canadian dollars, as commodity-linked currencies were under pressure from falling oil prices. Moreover, Federal Reserve officials Richard Clarida and Christopher Waller suggested on Friday that a faster pace of stimulus tapering may be appropriate amid a quickening recovery and heated inflation, providing additional support to the greenback. Money markets are currently expecting an increase in the Fed funds rate in June 2022, followed by two more hikes in September and December.2021-11-22T03:20:26.127"
The Dow Jones Index falling 0.76%,Stock Market,"The Dow Jones Index falling 0.76%United States Stock MarketUnited States Stock Market is dropping 272 points. Leading the losses are Boeing (-5.99%), Merck & Co (-2.55%) and Chevron (-2.29%). Top gainers were Nike (2.37%), Apple (1.64%) and Amgen (0.97%).2021-11-19T20:30:16.267"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 165592021-11-19T14:30:02.43
Dollar Index Hits 16-month High,currency,Dollar Index Hits 16-month HighUnited States currencyDXY increased to a 16-month high of 96.2422021-11-19T13:02:33.197
US Treasury Yields Below Weekly-Highs,Government Bond 10Y,"US Treasury Yields Below Weekly-HighsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to a one-week low of 1.53% on Friday, after touching a 3-week high of 1.649% early in the week, as traders remain concerned over persistent inflationary pressures and supply constraints although strong economic data and solid corporate results point to a resilient recovery. Investors also start to worry over full lockdowns in Europe after Austria reintroduced it and Germany could follow. On Thursday, a $14 billion auction of 10-Year TIPS was sold at a high yield of -1.145%, awarding almost 60% of bids at the high rate. There are no major economic releases scheduled for Friday but next week all eyes will turn to FOMC minutes for any further details on the Fed's tightening plans.2021-11-19T09:41:00"
Dollar Set for 4th Weekly Gain,Currency,"Dollar Set for 4th Weekly GainUnited States CurrencyThe US dollar index steadied around 95.7 on Friday, or about half a percent off its recent high, but is set to finish up for a fourth consecutive week due to market expectations that the Federal Reserve will raise interest rates earlier than indicated amid persistent inflationary pressures and strong economic data. The dollar particularly gained sharply against the European single currency and the Australian dollar as traders wagered that their respective central banks will fall behind major peers in tightening monetary policies. Outlooks for the dollar are mixed, with some seeing the recent dip as a chance to buy, while others argue that expectations of a hawkish pivot from the Fed are already fully priced in.2021-11-19T03:55:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 47202021-11-19T02:31:02.5
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX CFD increased to an all-time high of 165062021-11-18T21:51:54.05
Intuit earnings above expectations at 1.53 USD,Earnings,"Intuit earnings above expectations at 1.53 USDUnited States EarningsIntuit (INTU) released earnings per share at 1.53 USD, compared to market expectations of 0.97 USD.2021-11-18T21:22:45.547"
Workday earnings above expectations at 1.10 USD,Earnings,"Workday earnings above expectations at 1.10 USDUnited States EarningsWorkday (WDAY) released earnings per share at 1.10 USD, compared to market expectations of 0.87 USD.2021-11-18T21:22:32.857"
Applied Materials earnings below expectations at 1.94 USD,Earnings,"Applied Materials earnings below expectations at 1.94 USDUnited States EarningsApplied Materials (AMAT) released earnings per share at 1.94 USD, compared to market expectations of 1.94 USD.2021-11-18T21:22:26.91"
Dollar Index Eases from 16-Month High,Currency,"Dollar Index Eases from 16-Month HighUnited States CurrencyThe dollar index fell to around 95.5 on Thursday, easing from a 16-month high of 96.241 touched on November 16th, as investors try to assess whether the recent appreciation fueled by expectations of earlier Fed tightening has gone too far. The dollar lost ground mainly against the New Zealand Dollar and British Pound as odds increased that the RBNZ and BoE would need to increase rates during the upcoming policy meetings as inflation pressures persist. Also, the euro strengthened as much as 0.5%, rebounding from a recent 16-month low.2021-11-18T21:00:00"
Treasury Yields Slip from Recent Highs,Government Bond 10Y,"Treasury Yields Slip from Recent HighsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note steadied around 1.59% on Thursday after touching a 3-week high of 1.649% the day before, as traders take a breath after strong economic data strengthened the case for a tighter Fed policy. Meanwhile, the Treasury sold $23 billion in 20-year bonds at a high yield of 2.065% amid tepid demand. Also, a $14 billion auction of 10-Year TIPS was sold at a high yield of -1.145%, awarding almost 60% of bids at the high rate. Inflation expectations tumbled yesterday, with breakeven rates on five-year Treasury Inflation-Protected Securities (TIPS) falling to 3.16%2021-11-18T18:16:01.147"
Tenth District Manufacturing Activity Growth Eases,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Growth EasesUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index fell to 17 in November of 2021 from 25 in the previous month. Factory growth was driven by increased activity at durable goods plants, particularly machinery manufacturing, electrical equipment, transportation equipment, and furniture production. “Regional factory activity continued to grow but at a slower pace than in recent months”, said Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City. “Many firms reported additional materials cost increases, and more contacts reported delivery time delays compared to a month ago and a year ago. Labor shortages remain a key inhibitor in meeting higher demand for goods.” 2021-11-18T16:05:26.793"
Treasury Yields Retreat from Recent Highs,Government Bond 10Y,"Treasury Yields Retreat from Recent Highs United States Government Bond 10YThe yield on the benchmark 10-year Treasury note steadied around 1.59% on Thursday after touching a 3-week high of 1.649% the day before, as traders take a breath after strong economic data strengthened the case for a tighter Fed policy. Meanwhile, the Treasury sold $23 billion in 20-year bonds at a high yield of 2.065% amid tepid demand. A $14 billion auction of 10-Year TIPS will also be in the spotlight today. Inflation expectations tumbled yesterday, with breakeven rates on five-year Treasury Inflation-Protected Securities (TIPS) falling to 3.16%2021-11-18T09:44:17.05"
"Dollar Pauses Rally, Remains Near 16-Month Peak",Currency,"Dollar Pauses Rally, Remains Near 16-Month PeakUnited States CurrencyThe US dollar index eased slightly towards 95.7 on Thursday, after mixed US housing data failed to push the greenback higher as strong retail sales and elevated inflation numbers did in recent sessions. The dollar lost ground mainly from the British pound and the Japanese yen, as the former gained after UK inflation data rose at its fastest pace in more than ten years, while the latter benefited from a shift towards safe-haven assets amid global growth and policy uncertainties. Outlooks for the dollar are mixed, with some seeing the recent dip as a chance to buy, while others argue that expectations of a hawkish pivot from the Federal Reserve is already priced in.2021-11-18T03:24:09.92"
Nvidia earnings above expectations at 1.17 USD,Earnings,"Nvidia earnings above expectations at 1.17 USDUnited States EarningsNvidia (NVDA) released earnings per share at 1.17 USD, compared to market expectations of 1.11 USD.2021-11-17T21:43:33.833"
Cisco Systems earnings above expectations at 0.82 USD,Earnings,"Cisco Systems earnings above expectations at 0.82 USDUnited States EarningsCisco Systems (CSCO) released earnings per share at 0.82 USD, compared to market expectations of 0.80 USD.2021-11-17T21:19:27.127"
US Crude  Inventories Unexpectedly Fall: EIA,Crude Oil Stocks Change,"US Crude  Inventories Unexpectedly Fall: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories declined 2.101 million barrels in the week ending November 12th, after a 1.001 million increase in the previous period and compared with market forecasts of 1.398 million rise, data from the EIA Petroleum Status Report showed. It was the biggest fall in nationwide holdings since the week ended September 17th. Meanwhile, gasoline inventories fell 0.708 million barrels, more than an expected 0.575 million drop. It was the sixth consecutive period of a higher than expected drop in gasoline stocks.2021-11-17T15:34:00"
US Building Permits Beat Forecasts,Building Permits,"US Building Permits Beat ForecastsUnited States Building PermitsBuilding permits in the United States rose 4 percent from a month earlier to a seasonally adjusted annual rate of 1.650 million in October of 2021, above market expectations of 1.638 million. Permits for buildings with five units or more jumped 6.5 percent to a rate of 528 thousand and single-family authorizations rose 2.7 percent to a rate of 1.069 million. Permits were up in the Midwest (8.3 percent to 234 thousand); West (8.1 percent to 429 thousand); Northeast (4.8 percent to 130 thousand) and South (0.9 percent to 857 thousand).2021-11-17T13:39:00"
TJX Companies earnings above expectations at 0.84 USD,Earnings,"TJX Companies earnings above expectations at 0.84 USDUnited States EarningsTJX Companies (TJX) released earnings per share at 0.84 USD, compared to market expectations of 0.81 USD.2021-11-17T13:06:54.59"
US Mortgage Applications Decline in Latest Week,Mortgage Applications,"US Mortgage Applications Decline in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the US fell 2.8% in the week ended November 12th, following a 5.5% increase in the previous week which was the highest in 3-1/2-months, data from the Mortgage Bankers Association showed. The refinancing index declined 5.1% as interest rates increased while applications to purchase a home were up 1.5%. The average fixed 30-year mortgage rate was up by 4bps to 3.2% from a 5-week low of 3.16%. ""Activity has been particularly sensitive to rate movements, and last week’s decline was driven by a drop in conventional and FHA refinance applications, which offset an increase in VA refinance applications. Purchase applications increased for both conventional and government loan segments, as housing demand continues to show resiliency at a time – late fall – when home buying activity typically slows. The second straight increase in purchase applications suggests that stronger sales activity may continue in the weeks to come,” said Joel Kan, MBA’s associate vice president.2021-11-17T12:56:00"
Dollar Remains Strong,Currency,"Dollar Remains StrongUnited States CurrencyThe dollar index stabilized around 96 on Wednesday, close to levels last seen in July of 2020, as the case for the Fed to tighten monetary policy continues to strengthen as retail sales and industrial production data for October pointed to a strong consumer spending and robust economic recovery, despite persistent inflationary pressure. Money markets are currently expecting an increase in the Fed funds rate in June 2022, followed by two more hikes in September and December. 2021-11-17T11:48:00"
Target earnings above expectations at 3.03 USD,Earnings,"Target earnings above expectations at 3.03 USDUnited States EarningsTarget (TGT) released earnings per share at 3.03 USD, compared to market expectations of 2.81 USD.2021-11-17T11:34:05.793"
Lowe's Companies earnings above expectations at 2.73 USD,Earnings,"Lowe's Companies earnings above expectations at 2.73 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 2.73 USD, compared to market expectations of 2.33 USD.2021-11-17T11:33:59.807"
"US Futures Lack Direction, Earnings Eyed",Stock Market,"US Futures Lack Direction, Earnings EyedUnited States Stock MarketUS futures remained around the flatline on Wednesday as traders digest upbeat earnings reports from Lowe’s, Target and TJX after both Walmart and Home Depot topped forecasts the day before while fresh retail sales and industrial production data pointed to a robust economic recovery. Cisco Systems and Nvidia are also due to report after the market closes. On Tuesday, the Dow Jones drifted 0.2% higher to 36142; the S&P closed 0.4% higher, shedding just 0.80 points from its record high of 4,701.70 hit on November 8th; and  the Nasdaq Composite jumped 0.8% to close at 15,974.2021-11-17T11:19:00"
US Treasury Yields Close to 1-Month Highs,Government Bond 10Y,"US Treasury Yields Close to 1-Month HighsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was around 1.63% on Wednesday, getting close to 1-month highs after strong retail sales and industrial production data for the US strengthened the case for a tighter Fed policy, as the economic recovery remains robust and inflationary pressures persist. Meanwhile, a $23 billion auction in 20-year bonds and $14 billion in 10-Year TIPS will be in the spotlight this week.2021-11-17T09:30:00"
Bitcoin Under Pressure from China’s Mining Crackdown,Currency,"Bitcoin Under Pressure from China’s Mining CrackdownUnited States CurrencyBitcoin steadied around $60,000 on Wednesday, after falling sharply in the previous day amid profit-taking and a fresh crackdown by Chinese authorities on bitcoin mining. China’s top economic planner, represented by spokesperson Meng Wei, rebuked crypto mining activities anew on Tuesday by saying that the energy intensive industry is extremely harmful and threatens to jeopardize the country’s efforts to reduce carbon emissions. China, which accounts for 75% of bitcoin mining based on an April 2021 study, has been clamping down on the industry since May when it banned cryptocurrency trading and said it would scrutinize mining operations in the country. Elsewhere, the Economic Times reported on Wednesday that India is likely to ban cryptocurrency use for payments, but will likely allow them to be held like other financial assets.2021-11-17T08:40:40.997"
Dollar Extends Gains Amid Strong Economic Data,Currency,"Dollar Extends Gains Amid Strong Economic DataUnited States CurrencyThe US dollar index appreciated further above 96 on Wednesday, hitting levels last seen in July 2020 after data showed US retail sales rose more than expected, further pressuring the Federal Reserve to bring forward interest rate hikes. Retail sales rose 1.7% MoM in October, the highest level since March and rising faster than markets expected, reflecting strong consumer spending as well as spillover effects of rising prices. Moreover, St. Louis Federal Reserve bank president James Bullard said on Tuesday that the central bank should signal a more hawkish direction in the next couple of meetings to prepare in case inflation persists longer than anticipated, and maintained his projection that the Fed will need to raise rates twice in 2022.2021-11-17T04:35:00"
US Capital Flows Fall for 1st Time in Eleven Months,Capital Flows,"US Capital Flows Fall for 1st Time in Eleven MonthsUnited States Capital FlowsThe United States recorded a capital and financial account deficit of USD 26.8 billion in September of 2021, following a USD 91.1 billion surplus in the previous month, it was the first deficit after ten straight months of surpluses. Foreign investors bought USD 1.4 billion in Treasuries in September, compared with an inflow of USD 30.7 billion in the previous month. Meanwhile, foreigners bought USD 26.3 billion of long-term US securities, after purchasing USD 79.3 billion in the previous month.
2021-11-16T21:25:07.377"
Dollar Index Hovers at 15-month High,currency,"Dollar Index Hovers at 15-month HighUnited States currencyThe US dollar index appreciated further to above 95.8 on Tuesday, hovering at its strongest levels since July 2020 after data showed US retail sales rose more than forecasts further pressuring the Federal Reserve to bring forward rate hikes. Retail trade in the US rose 1.7% from a month earlier in October, the most since March and following an upwardly revised 0.8% gain in September signaling US economic recovery remains strong even with the fastest inflation in three decades. Also, Federal Reserve Bank of St. Louis President James Bullard said the central bank should speed up its reduction of monetary stimulus in response to a surge in US inflation.2021-11-16T17:14:00"
US Homebuilder Sentiment Rises for 3rd Month,Nahb Housing Market Index,"US Homebuilder Sentiment Rises for 3rd MonthUnited States Nahb Housing Market IndexThe NAHB housing market index in the US rose three points to 83 in November of 2021, the highest in six months, beating market forecasts of 80 as demand for homes remains strong in spite of higher prices and longer wait times. The current single-family sub-index increased to 89 from 86 in the previous month, and the home sales over the next six months sub-index was steady at 84. The gauge for prospective buyers advanced to 68 from 65.2021-11-16T15:05:00"
US Business Inventories Rise as Expected,Business Inventories,"US Business Inventories Rise as ExpectedUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 0.7 percent from a month earlier in September of 2021, following an upwardly revised 0.8 percent gain in August and in line with market expectations. Stocks rose the most among merchant wholesalers (1.4 percent vs 1.3 percent in August) and among manufacturers (0.8 percent vs 0.7 percent), while inventories of retailers shrank (-0.2 percent vs 0.2 percent). Year-on-year, business inventories jumped 7.5 percent.
2021-11-16T15:04:26.017"
US 10Y Treasury Note Firms on Upbeat Economic Data,Government Bond 10Y,"US 10Y Treasury Note Firms on Upbeat Economic DataUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged higher towards 1.65% on Tuesday, well above a 6-week low of 1.424% early in the month, as investors digested upbeat retail sales and industrial production data, which supported optimism about the economic recovery. Retail trade in the US rose 1.7% in October over September, following an upwardly revised 0.8% gain in the prior period and beating market forecasts of 1.4% as higher prices leveraged stores' receipts and consumer spending gained a boost from an early holiday shopping season. The reading highlighted how elevated savings and rising wages have helped Americans continue spending in the face of the highest inflation rate since 1990, strengthening the case for further monetary policy tightening by the US Fed. Meanwhile, a $23 billion auction in 20-year bonds and $14 billion in 10-Year TIPS will also be in the spotlight this week.
2021-11-16T13:57:00"
US Import Prices Rise the Most in 5 Months,Import Prices MoM,"US Import Prices Rise the Most in 5 MonthsUnited States Import Prices MoMThe price index for US imports advanced 1.2 percent from a month earlier in October 2021, accelerating from a 0.4 percent increase in the previous month and above market expectations of a 1 percent rise. It was the largest monthly advance since a 1.3 percent rise in May. Import fuel cost jumped 8.6 percent, following a 3.9 percent increase the previous month, mostly driven by higher petroleum and natural gas prices. Meanwhile, prices for nonfuel imports went up 0.4 percent, after a 0.1 percent advance in September due to higher prices for nonfuel industrial supplies and materials; automotive vehicles; foods, feeds, and beverages; and consumer goods. On a yearly basis, import prices surged 10.7 percent in October, the largest over-the-year increase since June 2021.2021-11-16T13:36:00"
US Export Prices Rise the Most Since May,Export Prices MoM,"US Export Prices Rise the Most Since MayUnited States Export Prices MoMPrices for US exports rose 1.5 percent over a month earlier in October of 2021, picking up momentum following an upwardly revised 0.4 percent increase in September and above market expectations of a 0.9 percent rise. It was the 17th straight monthly rise in export prices, although at the fastest pace since May. Nonagricultural export charges advanced for the 12th month in a row (1.5 percent vs 0.6 percent in September), underpinned by industrial supplies and materials, capital goods, automotive vehicles, consumer goods, and nonagricultural foods. Upward pressure also came from a higher costs of agricultural products (1.0 percent vs -1.5 percent), as prices of wheat, other animal feeds, cotton, meat, and dairy products, more than offset lower soybeans prices. Year-on-year, export prices hiked 18.0 percent, following an upwardly revised 16.5 percent jump in September.2021-11-16T13:32:00"
Home Depot earnings above expectations at 3.92 USD,Earnings,"Home Depot earnings above expectations at 3.92 USDUnited States EarningsHome Depot (HD) released earnings per share at 3.92 USD, compared to market expectations of 3.41 USD.2021-11-16T13:06:19.377"
Walmart earnings above expectations at 1.45 USD,Earnings,"Walmart earnings above expectations at 1.45 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.45 USD, compared to market expectations of 1.39 USD.2021-11-16T13:06:13.403"
"US Treasury Yields Remain Elevated ahead of Retail Sales, Industrial Production",Government Bond 10Y,"US Treasury Yields Remain Elevated ahead of Retail Sales, Industrial ProductionUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note remained around the 1.6% level on Tuesday, well above a 6-week low of 1.424% early in the month, as investors await fresh retail sales and industrial production data today for an update on the economic recovery. Strong readings would increase bets the Fed will have to speed up policy tightening as inflationary pressures persist. Meanwhile, a $23 billion auction in 20-year bonds and $14 billion in 10-Year TIPS will also be in the spotlight this week.2021-11-16T09:56:03.35"
"Bitcoin Falls Sharply Towards $60,000",Currency,"Bitcoin Falls Sharply Towards $60,000United States CurrencyBitcoin fell more than 4% towards $60,000 on Tuesday, in what analysts attributed to profit-taking after a sharp run-up and some short-selling, as there did not seem to be any specific news to drive the declines. The second biggest cryptocurrency by market value, Ethereum, also dropped more than 5% towards $4,200. Cryptocurrencies have been rallying since July due to inflation fears, dovish central bank statements and increasing government acceptance, as well as rising mainstream adoption culminating with the launch of futures-based bitcoin exchange-traded funds in the US. Meanwhile, expectations of higher interest rates due to surging inflation dented sentiment towards high valuation risk assets, including bitcoin, as cryptocurrencies largely thrived under a high inflation, low rate environment.2021-11-16T08:54:35.42"
Dollar Hovers 16-Month High as Euro Falls,Currency,"Dollar Hovers 16-Month High as Euro FallsUnited States CurrencyThe US dollar index firmed up above 95.5 on Tuesday, after rallying half a percent in the previous session as the euro, which accounts for more than half of the dollar index, tumbled amid fresh pushback by the European Central Bank against policy tightening.  ECB president Christine Lagarde said on Monday that tightening monetary policy to curb inflation could choke off the eurozone’s recovery, and maintained that factors pushing prices higher would fade next year, in an increasing contrast from hawkish hints from other central banks. Meanwhile, markets await US retail sales data due today, as stronger-than-expected consumer spending could add pressure on the Federal Reserve to bring forward rate hikes.2021-11-16T03:11:00"
Dollar Hovers at 16-Month High,Currency,"Dollar Hovers at 16-Month HighUnited States CurrencyThe US dollar index traded 0.3% higher to above 95.3 on Monday, hitting levels not seen since mid-July of 2020, as traders awaited fresh data to assess the strength of the US economic economy and the likely direction of monetary policy. Tuesday’s retail sales data will take the spotlight this week after consumer confidence unexpectedly fell to a decade low as inflation dented sentiment. Moreover, Minneapolis Federal Reserve Bank President Neel Kashkari said on Sunday that he expects higher inflation to continue over the next few months, but warned against central bank overreaction as he maintained that inflationary factors will likely prove to be temporary. 
2021-11-15T17:47:00"
US Treasury Yields Tick Up to Start the Week,Government Bond 10Y,"US Treasury Yields Tick Up to Start the WeekUnited States Government Bond 10YThe yield on benchmark 10-year Treasury note edged up to around 1.61% on Monday, remaining below 3-month highs hit in October, as traders continue to worry that inflation will stay high for longer than expected which could force the Fed to tighten soon. Bond-market expectations for inflation over the coming decade are near the highest since 2006, according to Bloomberg. This week, the Treasury will auction $23 billion in 20-year bonds and $14 billion in 10-Year TIPS.
2021-11-15T16:49:25.26"
US Treasury Yields Steady to Start the Week,Government Bond 10Y,"US Treasury Yields Steady to Start the WeekUnited States Government Bond 10YThe yield on benchmark 10-year Treasury note steadied around 1.57% on Monday, remaining below 3-month highs hit in October, as traders continue to worry that inflation will stay high for longer than expected which could force the Fed to tighten soon. Bond-market expectations for inflation over the coming decade are near the highest since 2006, according to Bloomberg. This week, the Treasury will auction $23 billion in 20-year bonds and $14 billion in 10-Year TIPS.2021-11-15T08:58:00"
Bitcoin Steady After Volatile Week,Currency,"Bitcoin Steady After Volatile WeekUnited States CurrencyBitcoin settled around $65,000 on Monday, after hitting fresh all time highs last week around $69,000, as cryptocurrencies navigated volatile markets amid surging global inflation. US consumer prices registered at a three-decade high of 6.2% in October YoY, sending bitcoin and gold prices higher. Cryptocurrencies have been rallying since July due to inflation fears, dovish central bank statements and increasing government acceptance. A recent Bloomberg analysis also showed that inflation and hedging against uncertainty accounted for 50% of Bitcoin’s price moves, while the other half was driven by momentum trading. Meanwhile, expectations of higher interest rates due to surging inflation may hurt high valuation risk assets, including Bitcoin, as cryptocurrencies largely thrived under a high inflation, low rate environment.2021-11-15T08:35:11.707"
Dollar Eases Slightly Amid Policy Outlook Uncertainty,Currency,"Dollar Eases Slightly Amid Policy Outlook UncertaintyUnited States CurrencyThe US dollar index was around 95 on Monday, as markets awaited fresh clues on the US economy and the likely direction of monetary policy. Tuesday’s retail sales data will take the spotlight in this week’s economic calendar after consumer confidence unexpectedly fell to a decade low as inflation dented sentiment. Moreover, Minneapolis Federal Reserve Bank president Neel Kashkari said on Sunday that he expects higher inflation to continue over the next few months, but warned against central bank overreaction as he maintained that inflationary factors will likely prove to be temporary. Meanwhile, the dollar remained near 16-month highs as decades-high inflation brought forward Fed interest rate hike expectations.2021-11-15T03:26:00"
The Dow Jones Index increases 0.50%,Stock Market,"The Dow Jones Index increases 0.50%United States Stock MarketUnited States Stock Market is up by 181 points. The rise is driven by 3M (1.94%), Apple (1.56%) and Home Depot (1.42%). Biggest losses came from Walt Disney (-1.61%), IBM (-0.93%) and Walgreens Boots Alliance (-0.56%).2021-11-12T20:30:18.367"
Job Quits in US Hit Record 4.4 Million,Job Quits,"Job Quits in US Hit Record 4.4 MillionUnited States Job QuitsThe number of Americans who quit their jobs voluntarily rose by 4.4 million in September, a record since the data become available in 2000 as workers looked for higher wages and better working conditions. There was a record number of people quitting jobs in the leisure and hospitality, manufacturing and health care sectors. Also, quits went up in arts, entertainment and recreation, other services, and state and local government education. 2021-11-12T19:21:00"
DXY Falls Slightly on Weak Consumer Confidence Data,Currency,"DXY Falls Slightly on Weak Consumer Confidence DataUnited States CurrencyThe US dollar index fell by 0.1%, almost touching 95 on Friday as investors become concerned about the pace of economic recovery after data showed US Michigan consumer sentiment tumbled to a decade low on surging consumer prices. Still, the dollar remains close to a 4-month high amid rising expectations that a high inflation rate is set to force the Federal Reserve to consider earlier interest rate hikes. US consumer prices rose 6.2% in October from a year earlier, the most in almost three decades driven in large part by higher energy costs and supply constraints. 2021-11-12T15:30:00"
US Treasury Yields Remain Elevated,Government Bond 10Y,"US Treasury Yields Remain ElevatedUnited States Government Bond 10YUS 10-year Treasury yields were around 1.57% on Friday as the market reopens following the Veterans Day holiday the day before, while investors continue to digest prospects that inflation will stay high for longer than expected which could force the Fed to tighten soon. Meanwhile, five-year yields climbed to 1.26% and a gauge of the yield curve flattened to the least since March 2020.2021-11-12T08:17:00"
Dollar Hits 16-Month High as Inflation Stokes Rate Hike Bets,Currency,"Dollar Hits 16-Month High as Inflation Stokes Rate Hike BetsUnited States CurrencyThe US dollar index strengthened past 95.2 on Friday, a level not seen since July 2020 amid rising expectations for earlier Federal Reserve interest rate hikes after the latest US inflation data accelerated at its fastest pace in three decades. US consumer prices rose 6.2% in October from a year earlier, driven in large part by higher energy costs, and challenging the Fed’s “transitory” narrative. Fed officials have so far dismissed discussions of interest rate hikes, and appear to be divided on the issue. Markets are pricing in the first rate hike by July 2022 and another increase by December.2021-11-12T03:11:00"
Dow Jones above 36000,stock market,Dow Jones above 36000United States stock marketDow Jones rose above 36000 points.2021-11-11T15:24:41.46
Bitcoin Steady After Sharp Correction,Currency,"Bitcoin Steady After Sharp CorrectionUnited States CurrencyBitcoin settled around $65,000 on Thursday, as cryptocurrencies navigated volatile markets amid the highest US inflation reading since 1990 and rising interest rate hike expectations. Bitcoin reached a new all time high near $69,000 in the previous session, before dipping to as low as $63,000 as investors took profits and digested the latest consumer price data. Cryptocurrencies have been rallying since July due to inflation fears, dovish central bank statements and increasing government acceptance. However, expectations of higher interest rates may hurt high valuation risk assets, including Bitcoin, as cryptocurrencies largely thrived under a high inflation, low rate environment.2021-11-11T09:07:28.587"
Dollar Hovers 16-Month High on Hot Inflation Data,Currency,"Dollar Hovers 16-Month High on Hot Inflation DataUnited States CurrencyThe US dollar index settled around 95 on Thursday, a level not seen since July of 2020, after fresh CPI figures showed US inflation jumped more than expected to 6.2% in October raising expectations of earlier tightening by the Federal Reserve. Among major currencies, the US dollar gained about 1.2% against the British pound, while it appreciated around 1% against the euro, yen, aussie and kiwi. Emerging market currencies also suffered against the dollar, with the MSCI EM currencies index marking its sharpest drop in two months. 2021-11-11T05:03:00"
Walt Disney earnings below expectations at 0.37 USD,Earnings,"Walt Disney earnings below expectations at 0.37 USDUnited States EarningsWalt Disney (DIS) released earnings per share at 0.37 USD, compared to market expectations of 0.51 USD.2021-11-10T21:23:52.65"
The Dow Jones Index falling 0.57%,Stock Market,"The Dow Jones Index falling 0.57%United States Stock MarketUnited States Stock Market is dropping 208 points. Leading the losses are Nike (-3.15%), Salesforce.com (-3.04%) and Apple (-1.84%). Top gainers were Merck & Co (1.31%), American Express (1.20%) and Visa (1.07%).2021-11-10T20:30:05.94"
US Government Budget Deficit Narrows More than Expected,Government Budget Value,"US Government Budget Deficit Narrows More than ExpectedUnited States Government Budget ValueThe US budget deficit narrowed to USD 165 billion in October 2021, compared with a USD 284 billion gap in the same period last year and market expectations of a USD 179 billion gap. Outlays dropped 13.9 percent to USD 448.9 billion, while receipts soared 19.4 percent to USD 283.9 billion
2021-11-10T19:12:31.077"
Dollar Index Hovers at 13-month High,currency,"Dollar Index Hovers at 13-month HighUnited States currencyThe US dollar index rose as much as 0.9% to trade just below 94.8 on Wednesday, hitting levels not seen since September of 2021 after consumer price data showed hotter-than-expected inflation raising the likelihood of interest rate hikes and in turn dampening the growth outlook. US inflation jumped to an annual rate of 6.2% in October, above market expectations of 5.8% and the highest since December 1990. Excluding food and energy, inflation was 4.6%, also topping analyst forecasts. A separate report showed the US labor market continues to improve with initial weekly claims setting a fresh pre-pandemic low last week. The latest data reinforces market bets that a rate hike might come earlier as Federal Reserve officials have anchored a potential increase in interest rates to whether inflation abates and employment reaches the target.2021-11-10T17:04:00"
US Crude Stocks Rise for 3rd Week,Crude Oil Stocks Change,"US Crude Stocks Rise for 3rd WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 1.001 million barrels in the week ending November 5th, following a 3.291 million advance in the previous period and compared with market forecasts of a 2.125 million increase, data from the EIA Petroleum Status Report showed. It was the third straight period of a higher than expected increase. Meanwhile, gasoline inventories were down by 1.555 million barrels, more than an expected 1.193 million drop.2021-11-10T15:35:00"
US Wholesale Inventories Revised Higher,Wholesale Inventories,"US Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the US rose 1.4 percent month-over-month to $742.2 billion in September of 2021, above a preliminary estimate of 1.1 percent and accelerating from a 1.3 percent increase in August. It was the 14th consecutive month of gains, amid increases in both durable goods (1.3 percent, the same pace as in August) and non-durable goods inventories (1.6 percent vs 1.3 percent). On a yearly basis, wholesale inventories advanced 13.1 percent, above an early reading of 12.7 percent.2021-11-10T15:07:00"
US 10Y Bond Yield Jumps after CPI Data,Government Bond 10Y,"US 10Y Bond Yield Jumps after CPI DataUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury jumped to around 1.57% on Wednesday, rebounding from a 7-week low of 1.415% hit in the previous session, after fresh data showed the US consumer prices surged more than expected, pushing forward rate hike expectations. The annual inflation rate in the US surged to 6.2% in October, the highest since November of 1990 and above forecasts of 5.8%. Meanwhile, weekly claims fell to a new pre-pandemic low, broadly in line with expectations. The bond market will be closed on Thursday for the Veterans Day holiday.2021-11-10T14:02:00"
US Core Consumer Prices Rise More than Expected,Core Inflation Rate MoM,"US Core Consumer Prices Rise More than ExpectedUnited States Core Inflation Rate MoMThe CPI for all items less food and energy in the US rose 0.6 percent month-over-month in October of 2021 after increasing 0.2 percent in September and above market expectations of a 0.4 percent rise. It was the fastest increase in core consumer prices since June. Along with shelter, used cars and trucks, and new vehicles, the indexes for medical care, for household furnishing and operations, and for recreation all increased in October. The indexes for airline fares and for alcoholic beverages were among the few to decline over the month. Year-on-year, core consumer prices climbed 4.6 percent, the most since August of 1991 and above market consensus of a 4.3 percent increase.

2021-11-10T13:32:00"
Treasury Yields Rise ahead of Inflation,Government Bond 10Y,"Treasury Yields Rise ahead of InflationUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note went up to 1.48% on Wednesday after hitting a 7-week low of 1.415% in the previous session, as investors await the highly anticipated US inflation release for an update on price pressures while trying to assess if it would impact the timing of a Fed rate hike. Inflation has been one of the top concerns for investors this year. On Tuesday, the yield on 10-year Treasury Inflation Protected Securities reached as low as -1.21%, the lowest since early August, and the yield on 30-year TIPS touched a record low of -0.592%.2021-11-10T10:21:42.927"
"Bitcoin Settles Above $66,000",Currency,"Bitcoin Settles Above $66,000United States CurrencyBitcoin settled above $66,000 while Ethereum traded around $4,700 on Wednesday, after the two largest cryptocurrencies scaled new record highs in the previous session. Bitcoin hit an all time high above $68,500 on Tuesday as inflation fears, dovish central banks and increasing adoption drove cryptocurrency valuations higher. Digital asset manager CoinShares also revealed that inflows into bitcoin products and funds hit a record $6.4 billion so far this year, as more investors raised exposure to cryptocurrencies due to its inflation hedging value and increasing government acceptance. Meanwhile, payments giant Mastercard announced that it partnered with three crypto service providers across Asia Pacific to launch the region’s first crypto-linked cards, allowing instant conversion of crypto assets into fiat currencies which can be spent around the world.2021-11-10T08:46:13.137"
Dollar Steady as Inflation Data Looms,Currency,"Dollar Steady as Inflation Data LoomsUnited States CurrencyThe US dollar index hovered the 94 level on Wednesday, after retreating in the last three days as traders braced for the highly anticipated US inflation data to guide outlook on the timing of interest rate hikes. Consensus forecasts for the October US consumer price index pointed to an annual increase of 5.8%, the highest in over a decade, while the Fed-preferred core CPI is expected to have risen 4.3%. Federal Reserve officials have anchored a potential increase in interest rates to whether inflation abates and employment reaches target, with some central bank members expressing views that current forces keeping people out of the labor market and pushing prices up will be temporary. A higher-than-expected inflation reading will be supportive of the dollar.2021-11-10T04:25:38.183"
Berkshire Hathaway B earnings above expectations at 4.59 USD,Earnings,"Berkshire Hathaway B earnings above expectations at 4.59 USDUnited States EarningsBerkshire Hathaway B (BRKb) released earnings per share at 4.59 USD, compared to market expectations of 3.03 USD.2021-11-09T15:36:10.31"
Berkshire Hathaway earnings above expectations at 6882 USD,Earnings,"Berkshire Hathaway earnings above expectations at 6882 USDUnited States EarningsBerkshire Hathaway (BRKa) released earnings per share at 6882 USD, compared to market expectations of 4536.17 USD.2021-11-09T15:35:59.603"
Dollar Edges Down ahead Inflation Data,Currency,"Dollar Edges Down ahead Inflation DataUnited States CurrencyThe US dollar index edged down to 94 on Tuesday, extending losses to a fifth day as investors gear up for tomorrow’s consumer inflation data after producer prices rose solidly and in line with expectations. Prices paid to US producers rose 0.6% from the prior month in October, accelerating from a 0.5% gain in September. The US annual consumer inflation is expected to hit more than a decade high of 5.8% in October, seen as a major test for the Federal Reserve’s position and outlook for interest rates. Chairman Jerome Powell previously noted that the Fed’s actions will be dependent on how the economic recovery unfolded, as there was “still ground to cover to reach maximum employment,” after he declined to offer specifics for the extent of tapering next year or the timing of interest rate hikes.2021-11-09T14:00:00"
US 10Y Bond Yield Hits 6-Week Low,Government Bond 10Y,"US 10Y Bond Yield Hits 6-Week LowUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury extended losses to a 6-week low of 1.424% on Tuesday as traders remain concerned over high inflation and digest a report saying President Biden interviewed Fed Governor Lael Brainard, seen as more dovish, for the chair job. Last week, the US 10-year bond yield slid almost 10% after the Fed announced an expected reduction in stimulus but signalled no hurry to hike interest rates while reiterating inflationary pressures are likely to be transitory. Meanwhile, the yield on 30-year Treasury TIPS (inflation-protected securities) fell to a record low of -0.508%.2021-11-09T13:51:00"
"Treasury Yields Fall as Inflation Fears Pesist, Fed in Focus",Government Bond 10Y,"Treasury Yields Fall as Inflation Fears Pesist, Fed in FocusUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note edged down to 1.45% on Tuesday, close to levels not seen since late September, as traders remain concerned over high inflation and digest a report saying President Biden interviewed Fed Governor Lael Brainard, seen as more dovish, for the chair job. Last week, the US 10-year bond yield slid almost 10% after the Fed announced an expected reduction in stimulus but signalled no hurry to hike interest rates while reiterating inflationary pressures are likely to be transitory. Meanwhile, the yield on 30-year Treasury TIPS (inflation-protected securities) fell to a record low of -0.508%.2021-11-09T09:03:00"
Dollar Subdued as Inflation Weighs on Rate Outlook,Currency,"Dollar Subdued as Inflation Weighs on Rate OutlookUnited States CurrencyThe US dollar index settled around 94 on Tuesday, after retreating against major currencies in the last session as traders positioned themselves cautiously ahead of US and China inflation figures due for release on Wednesday. The greenback depreciated most against the kiwi, losing 0.7% as markets continued to price in the possibility that the Reserve Bank of New Zealand could hike rates by 50 basis points later this month. The US annual consumer inflation is expected to hit more than a decade high of 5.8% in October, seen as a major test for the Federal Reserve’s position and outlook for interest rates. Chairman Jerome Powell previously noted that the Fed’s actions will be dependent on how the economic recovery unfolded, as there was “still ground to cover to reach maximum employment,” after he declined to offer specifics for the extent of tapering next year or the timing of interest rate hikes.2021-11-09T03:07:37.027"
PayPal earnings above expectations at 1.11 USD,Earnings,"PayPal earnings above expectations at 1.11 USDUnited States EarningsPayPal (PYPL) released earnings per share at 1.11 USD, compared to market expectations of 1.07 USD.2021-11-08T21:22:13.007"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketUS2000 increased to an all-time high of 24552021-11-08T14:53:59.837
US 10Y Treasury Note Slightly Up from 6-Week Low,Government Bond 10Y,"US 10Y Treasury Note Slightly Up from 6-Week LowUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note inched up towards 1.5% on Monday, slightly rebounding from an over 6-week low of 1.45% hit on November 5th, as investors gear up for inflation data released this week, while weighing the passage of a $1 trillion infrastructure spending bill and the latest US employment report. The bill passed by the Lower House will see new funding into roads, bridges, rail networks and the modernisation of city transit systems. Also, data showed the world's largest economy added 531 thousand jobs last month, easily beating market expectations, while the unemployment rate fell to a new pandemic low of 4.6% and wage growth remained solid. Last week, the US 10-year bond yield slid almost 10% after the US Federal Reserve announced an expected reduction in stimulus but signaled no hurry to hike interest rates while reiterating inflationary pressures are likely to be transitory.2021-11-08T08:50:00"
Dollar Steady as Inflation Data Looms,Currency,"Dollar Steady as Inflation Data LoomsUnited States CurrencyThe US dollar index settled around 94.3 on Monday, as traders await key US inflation data due for release on Wednesday amid the Federal Reserve’s position that current conditions do not warrant higher rates. The US consumer price index is expected to hit a more than a decade high of 5.8% YoY for October, with analysts watching for signs of whether the inflation problem is peaking or continued elevated readings. Elsewhere, October jobs report released Friday came in stronger than expected, pushing the unemployment rate to a fresh pandemic low of 4.6%.  Chairman Jerome Powell previously noted that the Fed’s actions will be dependent on how the economic recovery unfolded, as there was “still ground to cover to reach maximum employment,” after he declined to offer specifics for the extent of tapering next year or the timing of interest rate hikes.2021-11-08T04:14:20.613"
US Consumer Credit Stronger than Expected,Consumer Credit,"US Consumer Credit Stronger than ExpectedUnited States Consumer CreditConsumer credit in the United States increased by USD 29.91 billion in September of 2021, following a downwardly revised USD 13.76 billion gain in the previous month and stronger than market expectations of a USD 15.9 billion rise. Revolving credit increased by USD 9.9 billion while non-revolving credit went up by USD 20.1 billion.
2021-11-05T19:06:26.75"
Dollar Index Pulls Back after Hitting 13-Month High,Currency,"Dollar Index Pulls Back after Hitting 13-Month HighUnited States CurrencyThe US dollar index cut some gains to around 94.3 on Friday after hitting a 13-month high of 94.6 early in the session as investors' risk appetite improved a bit amid stronger-than-expected US labor market data. The October jobs report came in stronger than expected, as the US economy added 531 thousand jobs last month, well above market expectations of a 450 thousand gain, pushing the unemployment rate to a fresh pandemic low of 4.6%. Earlier in the week, the Federal Reserve announced an expected reduction in stimulus and signalled no rush in hiking fed funds saying the current surge in inflation is expected to be transitory. Still, the greenback is on track to extend gains for the second consecutive week.2021-11-05T17:32:00"
Sempra Energy earnings below expectations at 1.70 USD,Earnings,"Sempra Energy earnings below expectations at 1.70 USDUnited States EarningsSempra Energy (SRE) released earnings per share at 1.70 USD, compared to market expectations of 1.70 USD.2021-11-05T16:27:29.273"
Dominion Resources earnings above expectations at 1.11 USD,Earnings,"Dominion Resources earnings above expectations at 1.11 USDUnited States EarningsDominion Resources (D) released earnings per share at 1.11 USD, compared to market expectations of 1.06 USD.2021-11-05T16:18:36.273"
US 10Y Bond Yield Hits 5-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 5-week LowUnited States Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 5-week low of 1.4496%2021-11-05T15:43:06.82
US 10-Year Bond Yield Eases to 1-Month Low,Government Bond 10Y,"US 10-Year Bond Yield Eases to 1-Month LowUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note dropped below 1.5% on Friday, hovering around its lowest level in a month, after rising to as high as 1.55% earlier in the session, as investors diggested the US employment report. Data showed the world's largest economy added 531 thousand jobs last month, easily beating market expectations, while the unemployment rate fell to a new pandemic low of 4.6% and wage growth remained solid. Earlier this week, the US Federal Reserve announced an expected reduction in stimulus but signaled no hurry to hike interest rates while reiterating inflationary pressures are likely to be transitory.2021-11-05T14:17:50.17"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketUS2000 increased to an all-time high of 24322021-11-05T13:49:57.603
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 47062021-11-05T13:30:05.647
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 164102021-11-05T13:30:05.24
US 10-Year Bond Yield Rises on Strong Jobs Report,Government Bond 10Y,"US 10-Year Bond Yield Rises on Strong Jobs ReportUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose above 1.54% on Friday, after the US employment report showed the world's largest economy added 531 thousand jobs last month, easily beating market expectations, while the unemployment rate fell to a new pandemic low of 4.6% and wage growth remained solid. Earlier this week, the US Federal Reserve announced an expected reduction in stimulus but signaled no hurry to hike interest rates while reiterating inflationary pressures are likely to be transitory.2021-11-05T12:41:00"
US Wages Rise at Slower 0.4% MoM in October,Average Hourly Earnings,"US Wages Rise at Slower 0.4% MoM in OctoberUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls rose by 11 cents, or 0.4% over the month to $30.96 in October of 2021, matching market expectations and following a 0.6% rise in September and August. In October, average hourly earnings of private-sector production and nonsupervisory employees rose by 10 cents to $26.26. Over the past 12 months, average hourly earnings have increased by 4.9%, up from a 4.6% rise in the prior month and in line with market forecasts.2021-11-05T12:32:00"
US Jobless Rate Drops to New Pandemic Low,Unemployment Rate,"US Jobless Rate Drops to New Pandemic LowUnited States Unemployment RateThe US unemployment rate fell to 4.6 percent in October 2021, the lowest since March 2020 and slightly below market expectations of 4.7 percent. The labor market continued to gradually recover from the pandemic hit, helped by a surge in demand for labor, record levels of job openings, the expiration of enhanced jobless benefits and the subsiding summer wave of COVID-19 infections. The number of unemployed people declined by 255 thousand to 7.4 million in October, while employment levels rose by 359 thousand to 154.0 million. Still, the unemployment rate remained well above the pre-crisis level of about 3.5 percent, amid reports of persistent worker shortages.2021-11-05T12:32:00"
Dollar Index Hits 13-month High,currency,"Dollar Index Hits 13-month HighUnited States currencyThe US dollar index extended gains toward 94.6 on Friday, the highest since September 2020 after the October jobs report came in stronger than expected. The US economy added 531 thousand jobs last month, well above market expectations of a 450 thousand gain, pushing the unemployment rate to a fresh pandemic low of 4.6%. Earlier in the week, the Federal Reserve announced an expected reduction in stimulus and signaled no rush in hiking fed funds saying the current surge in inflation is expected to be transitory.2021-11-05T12:30:00"
LMI Logistics Index Inches Up in October,Lmi Logistics Managers Index Current,"LMI Logistics Index Inches Up in OctoberUnited States Lmi Logistics Managers Index CurrentThe Logistics Manager’s Index edged up to 72.6 in October of 2021 from 72.2 in September, pointing to a continuing expansion in the logistics sector, fueled primarily by involving capacity, cost and upstream inventories. The transportation crunch remains particularly pronounced, with the Transportation Prices subindex above 90 for the 7th time in the last 8 months while the Warehousing Prices gauge reached a record high of 89.3, a 4th consecutive record. Also, the Warehousing Space was down slightly to 47.6, marking the 13th consecutive month of contraction, and leading to a continue increase in Warehousing Utilization (up to 71.4), mainly because there is nowhere else for inventory to go.2021-11-05T10:42:08.813"
US Unemployment Rate Seen Falling to 4.7%,Unemployment Rate,"US Unemployment Rate Seen Falling to 4.7%United States Unemployment RateThe US unemployment rate likely fell last month to 4.7 percent, the lowest since March 2020, as the labor market gradually recovers helped by a surge in demand for labor and record levels of job openings. In addition, the expiration of enhanced jobless benefits and the subsiding summer wave of COVID-19 infections are also seen boosting job gains. The jobless rate would still remain well above the pre-crisis level of about 3.5 percent due to persistent worker shortages.2021-11-05T09:29:00"
Bitcoin Steady Amid Rate Hike Pushback,Currency,"Bitcoin Steady Amid Rate Hike PushbackUnited States CurrencyBitcoin prices settled around $62,000 on Friday, as global central banks pushed back against market bets on earlier tightening and deferred specific discussions on the timing of rate hikes. The Bank of England was the latest major central bank to defy market expectations of a hawkish pivot after keeping rates on hold. The Federal Reserve previously deferred rate hike talks, emphasizing that current conditions do not warrant higher rates, while the European Central Bank and the Reserve Bank of Australia explicitly stated that there will be no interest rate increases in 2022. Bitcoin thrived under a low rate, high inflation environment as investors started to acknowledge its hedging value.2021-11-05T08:35:41.937"
Dollar Firms Up Ahead of October Jobs Report,Currency,"Dollar Firms Up Ahead of October Jobs ReportUnited States CurrencyThe US dollar index was set for a second straight week of gains, hitting 94.5 on Friday and almost matching the 13-month high hit on October 12th after several central banks this week pushed back expectations of faster interest rate hikes and as investors await key US jobs report. Consensus estimates pointed to 450,000 additional jobs for October, compared to 194,000 in September. Federal Reserve ChairmanPowell previously noted that the FOMC actions will be dependent on how the economic recovery unfolded, as there was “still ground to cover to reach maximum employment,” after he declined to offer specifics for the extent of tapering next year or the timing of interest rate hikes. Analysts pointed out that the Fed can only defer rate hike talks so long, given evidence of continuous recovery in employment and fears that high inflation could last longer than the Fed initially projected.2021-11-05T01:57:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 46832021-11-04T20:31:45.123
Illumina earnings above expectations at 1.45 USD,Earnings,"Illumina earnings above expectations at 1.45 USDUnited States EarningsIllumina (ILMN) released earnings per share at 1.45 USD, compared to market expectations of 1.26 USD.2021-11-04T20:15:36.3"
Uber earnings below expectations at -1.28 USD,Earnings,"Uber earnings below expectations at -1.28 USDUnited States EarningsUber (UBER) released earnings per share at -1.28 USD, compared to market expectations of -0.34 USD.2021-11-04T20:15:30.333"
US 10-Year Treasury Tumbles to Near 3-Week Low,Government Bond 10Y,"US 10-Year Treasury Tumbles to Near 3-Week Low United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to a 3-week low of 1.52% at the start of November as investors pared their bets on rate hikes after the monetary policy decisions from Fed and BoE. The Bank of England surprised the markets after deciding not to raise the interest rates. Meanwhile, the US central bank announced an expected reduction in stimulus but signaled no hurry to raise interest rates while reiterating inflationary pressures are likely to be transitory. Yet, on traders' radar remains the next jobs report, due tomorrow, in which clues on the labor market health can be assessed, as Powell said it is still one factor weighing on Fed’s decision to approach a more hawkish stance.2021-11-04T19:27:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketUS2000 increased to an all-time high of 24152021-11-04T13:53:28.877
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 161912021-11-04T13:30:03.7
US 10-Year Treasury Yield Edges Down,Government Bond 10Y,"US 10-Year Treasury Yield Edges Down United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to a 3-week low of 1.52% on Thursday as investors digest the latest FOMC statement. The Fed announced an expected reduction in stimulus and signalled no hurry to raise interest rates while reiterating inflationary pressures are likely to be transitory. Meanwhile, the Treasury said this week it expects to cut the size of 2, 3, and 5-year note auctions by $2 billion each per month over the coming quarter, while 7-year auctions will be cut by $3 billion per month in the same period. New and reopened 10-year note and 30-year bond auctions will also be reduced by $2 billion, while the 20-year bond auctions will be cut by $4 billion. The 2-year floating-rate note auctions will also be cut by $2 billion. 2021-11-04T13:02:00"
US Futures Hover at Records,Stock Market,"US Futures Hover at RecordsUnited States Stock MarketUS futures were around the flatline on Thursday after the 3 main averages closed at new records for a 4th straight day on Wednesday, as investors digest the latest FOMC stance. The Fed announced an expected reduction in stimulus and signalled no hurry to raise interest rates while reiterating inflationary pressures are likely to be transitory. On the corporate front, Qualcomm rallied nearly 7% following an earnings beat while Moderna shares were down around 10% after the company cut its 2021 forecast for Covid vaccine sales. On the data front, initial claims fell more than expected to a pandemic low while labour costs soared above forecasts. Investors now await the highly anticipated jobs report due tomorrow for an update on the labour market recovery. 2021-11-04T12:54:25.507"
US Imports Hit Fresh Record High,Imports,"US Imports Hit Fresh Record HighUnited States ImportsImports to the United States increased 0.6 percent from the previous month to a new all-time high USD 288.5 billion in September of 2021, led by higher purchases of capital goods (up USD 2.5 billion), in particular computers and electric apparatus. Imports also rose for organic chemicals (up USD 0.9 billion) and passenger cars (up USD 1.7 billion). On the other hand, purchases of consumer goods decreased by USD 0.1 billion and imports of services went down by USD 0.2 billion.2021-11-04T12:42:56.09"
US Trade Gap at Fresh Record,Balance of Trade,"US Trade Gap at Fresh RecordUnited States Balance of TradeThe US trade deficit widened to a fresh record high of $80.9 billion in September of 2021, slightly higher than market forecasts of $80.5 billion, amid fall in exports while imports jumped to an all-time high. September exports were $207.6 billion, down by 3% from August, mainly due to nonmonetary gold, crude oil, other petroleum products, semiconductors, civilian aircraft engines and computer accessories while sales of consumer goods increased, namely pharmaceutical preparations. Imports meanwhile edged up 0.6% to a record $288.5 billion, mainly due to computers, electric apparatus, industrial supplies and materials, organic chemicals and cell phones and other household goods. The deficit with China increased $3.4 billion to $31.5 billion and the gap with Mexico widened by $2.3 billion to $8.8 billion.2021-11-04T12:39:00"
US Exports at 5-Month Low,Exports,"US Exports at 5-Month LowUnited States ExportsExports from the United States fell 3 percent from a month earlier to USD 207.6 billion in September of 2021, the lowest since April. Sales declined for industrial supplies and materials (down USD 5.7 billion), namely nonmonetary gold and crude oil and capital goods (down USD 1.6 billion) while those for consumer goods rose USD 0.7 billion. Meanwhile, exports of services advanced USD 0.6 billion, mostly due to travel, financial services and transport.2021-11-04T12:37:15.387"
US Q3 Labor Productivity Falls the Most Since 1981,Productivity,"US Q3 Labor Productivity Falls the Most Since 1981United States ProductivityNonfarm labor productivity in the US fell an annualized 5.0 percent in the third quarter of 2021, more than market expectations of a 3.0 percent drop and after an upwardly revised 2.4 percent gain in the prior period. Output increased 1.7 percent (vs 8.5 percent in Q2) and hours worked jumped 7.0 percent (vs 5.9 percent). Year-on-year, nonfarm business sector labor productivity decreased 0.5 percent, following an upwardly revised 1.9 percent advance in the second quarter.
2021-11-04T12:37:00"
US Layoffs at 5-Month High: Challenger,Challenger Job Cuts,"US Layoffs at 5-Month High: ChallengerUnited States Challenger Job CutsUS-based employers announced 22,822 job cuts in October of 2021, the highest reading in 5 months, with the majority of cuts (5,796) attributed to plant, store, and unit closing. For the third month in a row, companies in the Health Care/Products sector announced the most cuts with 6,694 and workers’ refusing to comply with vaccine mandates accounted for 5,071 cuts in October. So far this year, employers have announced plans to cut 288,043 jobs from their payrolls, down 87% from the 2,162,928 jobs eliminated through the same period last year. It is the lowest January-October total on record. 2021-11-04T11:58:00"
US Initial Jobless Claims to Fall Further,Initial Jobless Claims,"US Initial Jobless Claims to Fall FurtherUnited States Initial Jobless ClaimsInitial jobless claims likely dropped last week to another pandemic-era low of 275 thousand, as the job market gradually recovers amid a surge in demand for labor and a sustained decline in new coronavirus infections. Still, persistent worker shortages remained a challenge that could weigh on further employment gains. In other economic news, ADP reported on Wednesday that private employers added 571 thousand jobs in October, while data from the Labor Department is also expected to show on Friday a pick up in hiring. Continuing claims, which capture those still collecting benefits from regular state unemployment programs, likely fell to a new pandemic low of 2.118 million at the October 23rd week.2021-11-04T11:38:09.333"
Fidelity National Information Services earnings above expectations at 1.73 USD,Earnings,"Fidelity National Information Services earnings above expectations at 1.73 USDUnited States EarningsFidelity National Information Services (FIS) released earnings per share at 1.73 USD, compared to market expectations of 1.68 USD.2021-11-04T11:32:32.283"
Zoetis earnings above expectations at 1.25 USD,Earnings,"Zoetis earnings above expectations at 1.25 USDUnited States EarningsZoetis (ZTS) released earnings per share at 1.25 USD, compared to market expectations of 1.11 USD.2021-11-04T11:32:26.323"
Regeneron Pharmaceuticals earnings above expectations at 15.37 USD,Earnings,"Regeneron Pharmaceuticals earnings above expectations at 15.37 USDUnited States EarningsRegeneron Pharmaceuticals (REGN) released earnings per share at 15.37 USD, compared to market expectations of 10.17 USD.2021-11-04T11:00:12.677"
Duke Energy earnings above expectations at 1.88 USD,Earnings,"Duke Energy earnings above expectations at 1.88 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.88 USD, compared to market expectations of 1.80 USD.2021-11-04T11:00:06.693"
Southern Co. earnings above expectations at 1.23 USD,Earnings,"Southern Co. earnings above expectations at 1.23 USDUnited States EarningsSouthern Co. (SO) released earnings per share at 1.23 USD, compared to market expectations of 1.22 USD.2021-11-04T10:33:35.857"
Air Products & Chemicals earnings above expectations at 2.51 USD,Earnings,"Air Products & Chemicals earnings above expectations at 2.51 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.51 USD, compared to market expectations of 2.49 USD.2021-11-04T10:33:23.18"
"Becton, Dickinson and Co. earnings above expectations at 2.59 USD",Earnings,"Becton, Dickinson and Co. earnings above expectations at 2.59 USDUnited States EarningsBecton, Dickinson and Co. (BDX) released earnings per share at 2.59 USD, compared to market expectations of 2.45 USD.2021-11-04T10:33:04.18"
Cigna earnings above expectations at 5.73 USD,Earnings,"Cigna earnings above expectations at 5.73 USDUnited States EarningsCigna (CI) released earnings per share at 5.73 USD, compared to market expectations of 5.23 USD.2021-11-04T10:32:45.207"
Bitcoin Shaky After Fed Taper Announcement,Currency,"Bitcoin Shaky After Fed Taper AnnouncementUnited States CurrencyBitcoin prices settled below $62,000 on Thursday, after the Federal Reserve announced that it would start scaling back its massive $120 billion monthly bond-buying program this month, as the US economy recovers from pandemic lows and amid expanding price pressures. The move coincided with a global central bank trend towards policy normalization, leading markets to speculate on earlier interest rate hikes than policymakers indicated. Bitcoin thrived under a low rate, high inflation environment as investors acknowledged its hedging value. Meanwhile, a group of US congressmen lobbied SEC chairman Gary Gensler to authorize a spot-based Bitcoin ETF to provide a means for institutional investors to participate in the market.2021-11-04T09:16:00"
"Dollar Recoups Some Losses, Inflation in Focus",Currency,"Dollar Recoups Some Losses, Inflation in FocusUnited States CurrencyThe US dollar index regained the 94 level on Thursday, as traders mulled the start of the Federal Reserve tapering process and as market attention shifted to the conditions that could trigger an interest rate rise. The US dollar dipped on Wednesday after the Fed announced that it will start reducing asset purchases, but refused to comment on the timing of rate hikes, opting instead for flexibility by pinning its decisions on the employment situation and inflationary environment. Analysts pointed out that the Fed can only defer rate hikes so long, given fears that high inflation could last longer than the Fed initially projected.2021-11-04T04:18:31.64"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 CFD increased to an all-time high of 361802021-11-03T23:08:34.017
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 46642021-11-03T22:47:38.983
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX CFD increased to an all-time high of 161582021-11-03T22:14:28.427
Equinix earnings above expectations at 1.68 USD,Earnings,"Equinix earnings above expectations at 1.68 USDUnited States EarningsEquinix (EQIX) released earnings per share at 1.68 USD, compared to market expectations of 1.61 USD.2021-11-03T20:16:35.94"
Booking Holdings Inc earnings above expectations at 37.70 USD,Earnings,"Booking Holdings Inc earnings above expectations at 37.70 USDUnited States EarningsBooking Holdings Inc (BKNG) released earnings per share at 37.70 USD, compared to market expectations of 32.89 USD.2021-11-03T20:16:29.6"
Qualcomm earnings above expectations at 2.55 USD,Earnings,"Qualcomm earnings above expectations at 2.55 USDUnited States EarningsQualcomm (QCOM) released earnings per share at 2.55 USD, compared to market expectations of 2.26 USD.2021-11-03T20:16:23.333"
"Dollar Weakens on Fed’s Decision, Powell Remarks",Currency,"Dollar Weakens on Fed’s Decision, Powell Remarks United States CurrencyThe US dollar index was below 94 on Wednesday, trading close to sessions lows after the Federal Reserve said it will begin winding down its monthly asset purchases later this month at a pace of $15 billion per month, as highly expected by markets.  The Federal Reserve Chair Powell also said that upward pressure on prices is expected to be transitory, signaling that the Fed is patient to hike rates, although it is ready to act if inflation data proves necessary. 
2021-11-03T19:59:00"
US Treasury Yields Edge Up after Fed,Government Bond 10Y,"US Treasury Yields Edge Up after FedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged up to around 1.59% after the Fed decided to begin tapering back its $120 billion monthly bond-buying program by $15 billion a month, but said it is prepared to change the pace of purchases if the economic outlook changes. Also, the FOMC gave no updates on the timeline for interest rate hikes, holding to its belief that high inflation would prove ""transitory"". Meanwhile, the Treasury said it expects to cut the size of 2, 3, and 5-year note auctions by $2 billion each per month over the coming quarter, while 7-year auctions will be cut by $3 billion per month in the same period. New and reopened 10-year note and 30-year bond auctions will also be reduced by $2 billion, while the 20-year bond auctions will be cut by $4 billion. The 2-year floating-rate note auctions will also be cut by $2 billion.
2021-11-03T18:17:00"
Dollar Little Changed after Fed Announces Taper,Currency,"Dollar Little Changed after Fed Announces TaperUnited States CurrencyThe US dollar index was little changed at 94 on Wednesday, after briefly touching a session low at 93.8 after the Federal Reserve said it will begin winding down its monthly asset purchases later this month at a pace of $15 billion per month, as highly expected by markets. Yet, the central bank left the door open to adjustments to the pace of purchases if warranted by changes in the economic outlook. Policymakers also said that upward pressure on prices is expected to be transitory, signaling that rates will not need to rise sooner or faster. 2021-11-03T18:15:00"
US Treasury Yields Rise Ahead of Fed,Government Bond 10Y,"US Treasury Yields Rise Ahead of FedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged up to 1.56% on Wednesday as investors anticipate the Federal Reserve to announce that it will begin scaling back its $120 billion monthly bond-buying program at the end of its two-day meeting later in the day. Meanwhile, the Treasury said it expects to cut the size of 2-, 3- and 5-year note auctions by $2 billion each per month over the coming quarter, while 7-year auctions will be cut by $3 billion per month in the same period. New and reopened 10-year note and 30-year bond auctions will also be reduced by $2 billion, while the 20-year bond auctions will be cut by $4 billion. The 2-year floating-rate note auctions will also be cut by $2 billion. 2021-11-03T15:37:23.767"
US Crude Stocks Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Stocks Rise for 2nd WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 3.291 million barrels in the week ending October 29th, following a 4.267 million advance in the previous period and compared with market forecasts of a 2.225 million increase, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories were down by 1.488 million barrels, more than an expected 1.333 million drop.2021-11-03T14:35:16.333"
US Factory Orders Unexpectedly Rise,Factory Orders,"US Factory Orders Unexpectedly RiseUnited States Factory OrdersNew orders for US manufactured goods inched up 0.2% September of 2021, following a downwardly revised 1.0% rise in August and beating market forecasts of a flat reading. Orders rose the most for machinery(1.2%), namely photographic equipment (7.7%) and industrial machinery (7.2%); non-durable goods industries (0.8%); fabricated metal products (0.7%); and primary metals (0.7%), notably ferrous metal foundries (4.7%). On the other hand, the steepest drop was seen in orders for transport equipment (-2.3%), weighed down mostly by nondefense aircraft and parts (-27.9%). Excluding transportation, factory orders edged up 0.7%, accelerating from a 0.5% gain in August.2021-11-03T14:08:14.727"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketUS2000 increased to an all-time high of 23682021-11-03T14:05:42.57
US Private Sector Activity Growth Quickens to 3-Month High: Markit,Composite PMI,"US Private Sector Activity Growth Quickens to 3-Month High: MarkitUnited States Composite PMIThe IHS Markit US Composite PMI was revised higher to 57.6 in October of 2021, from a preliminary estimate of 57.3. The latest reading signaled the fastest pace of expansion in private sector business activity since July. Although manufacturing production continued to be constrained by supply issues, the overall expansion was supported by a sharper service sector upturn. Contributing to the overall expansion was a faster increase in new business, supported by sharp upticks in new orders at services providers and manufacturers. Foreign client demand fared less well, however, as goods producers registered only a fractional expansion and service sector firms saw a further contraction. Employment increased solidly despite ongoing concerns regarding labor shortages. The rate of cost inflation slowed to a six-month low, but remained historically elevated amid supply shortages. Firms passed costs through to clients, with private sector selling prices rising at the sharpest rate on record.2021-11-03T13:58:38.117"
US Services Sector Growth at 3-Month High: Markit,Services PMI,"US Services Sector Growth at 3-Month High: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 58.7 in October of 2021 from a preliminary of 58.2. The latest expansion was sharp overall and the quickest since July. The upturn was faster than the series average, with firms linking the increase to greater client demand and a further rise in new business. The rise in output was the quickest for three months and was supported by a stronger expansion in new business. In line with greater new order inflows, firms signalled the fastest increase in backlogs of work since data collection began in October 2009, despite a faster pace of job creation. Nonetheless, concerns regarding labor shortages and unstable supply chains led business confidence to drop to an eight-month low. Meanwhile, the rate of cost inflation eased to an eight-month low, despite being quicker than any pace of increase seen before March 2021. In response to a further rise in costs, firms raised their selling prices at the fastest rate on record.2021-11-03T13:51:00"
CVS Health earnings above expectations at 1.97 USD,Earnings,"CVS Health earnings above expectations at 1.97 USDUnited States EarningsCVS Health (CVS) released earnings per share at 1.97 USD, compared to market expectations of 1.79 USD.2021-11-03T11:29:21.117"
US Mortgage Applications Fall Despite Lower Rates,Mortgage Applications,"US Mortgage Applications Fall Despite Lower RatesUnited States Mortgage ApplicationsMortgage applications in the US fell 3.3% in the latest week, following a 0.3% gain in the previous period, data from the Mortgage Bankers Association showed. Applications to refinance a home loan dropped 4.3% and those to purchase a home decreased 1.6%. The average fixed 30-year mortgage rate went down by 6bps to 3.24%, the first decline in 6 weeks. ""Mortgage rates decreased for the first time since August, as concerns about supply-chain bottlenecks, waning consumer confidence, weaker economic growth, and rising inflation pushed Treasury yields lower. Purchase activity continues to be held back by high prices and low for-sale inventory, but current applications levels still point to healthy housing demand.” said Joel Kan, an MBA economist.2021-11-03T11:09:00"
US Treasury Yields at 2-Week Low Ahead of Fed,Government Bond 10Y,"US Treasury Yields at 2-Week Low Ahead of FedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to a 2-week low of 1.53% on Wednesday as investors await the outcome of the Federal Reserve monetary policy meeting later in the day. Policymakers are expected to announce a tapering of stimulus amid concerns over inflationary pressure, while markets have already priced in a 90% chance of quarter-point tightening by mid-2022, factoring in another rate increase by the end of the year. In addition, investors eye the release of the closely watched monthly payrolls report due Friday for further clues on the country's policy path.2021-11-03T10:10:24.167"
Bitcoin Firms Up on Wider Crypto Adoption,Currency,"Bitcoin Firms Up on Wider Crypto AdoptionUnited States CurrencyBitcoin prices firmed up near $63,000 on Wednesday, as cryptocurrencies gained momentum amid regulatory optimism and wider adoption. The Commonwealth Bank of Australia announced its plans on Wednesday to offer crypto trading to retail clients, in a move considered first among peers and helps validate the $2.6 trillion crypto trading industry. The Australian banking giant cited growing client demand as driving its decision, as competition in the space ramps up amid earlier bids from fintech firms including Square and PayPal. Meanwhile, US regulators continued to scrutinize digital assets with the Biden administration calling on the US Congress to regulate issuers of stablecoins, flagging possible risks amid growing use while acknowledging its benefits as a payment option.2021-11-03T07:06:35.637"
Dollar Steady Ahead of Fed Policy Decision,Currency,"Dollar Steady Ahead of Fed Policy DecisionUnited States CurrencyThe US dollar index held around the 94 level on Wednesday, trading half a percent below a 52-week high hit early in October amid rising expectations for earlier US interest rate hikes after the latest inflation data rose faster than expected. The headline inflation jumped 4.4% YoY while the Fed-preferred core inflation increased 3.6% YoY in September, challenging the Federal Reserve’s “transitory” narrative. Analysts brought forward US rate hike projections, with Goldman Sachs pinning the first hike in July next year followed by another increase in November 2022. Market participants now await policy outlook guidance from the conclusion of the FOMC meeting on Wednesday.2021-11-03T02:42:50.277"
Activision Blizzard earnings above expectations at 0.72 USD,Earnings,"Activision Blizzard earnings above expectations at 0.72 USDUnited States EarningsActivision Blizzard (ATVI) released earnings per share at 0.72 USD, compared to market expectations of 0.70 USD.2021-11-03T00:07:27.947"
Amgen earnings above expectations at 4.67 USD,Earnings,"Amgen earnings above expectations at 4.67 USDUnited States EarningsAmgen (AMGN) released earnings per share at 4.67 USD, compared to market expectations of 4.28 USD.2021-11-02T22:29:44.92"
T-Mobile Us earnings above expectations at 0.55 USD,Earnings,"T-Mobile Us earnings above expectations at 0.55 USDUnited States EarningsT-Mobile Us (TMUS) released earnings per share at 0.55 USD, compared to market expectations of 0.50 USD.2021-11-02T22:29:17.543"
Mondelez International earnings below expectations at 0.70 USD,Earnings,"Mondelez International earnings below expectations at 0.70 USDUnited States EarningsMondelez International (MDLZ) released earnings per share at 0.70 USD, compared to market expectations of 0.70 USD.2021-11-02T22:28:56.167"
Vertex Pharmaceuticals earnings above expectations at 3.56 USD,Earnings,"Vertex Pharmaceuticals earnings above expectations at 3.56 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 3.56 USD, compared to market expectations of 3.09 USD.2021-11-02T22:28:43.86"
US Stocks at Record High for the 3rd Consecutive Time,Stock Market,"US Stocks at Record High for the 3rd Consecutive Time United States Stock MarketWall Street's main indexes extended gains on Tuesday to close at a new record high for the third consecutive time amid another batch of strong earnings reports. The Dow Jones (+0.39%) climbed to the 36,053 level, S&P rose 0.37% to 4,631, and the Nasdaq Composite (+0.34%) was higher to close at 15,650. Earnings from Pfizer, Estée Lauder, DuPont, KKR & Co, and Under Armour topped forecasts. So far, 55.8% of S&P 500 companies have reported quarterly financial results, with 82% beating earnings estimates, according to FactSet. On the other hand, Tesla shares sank around 3% after Elon Musk said the company has not signed a contract with Hertz yet and after news that the carmaker will recall 11,700 vehicles. Meanwhile, the Fed's 2-day monetary policy meeting kicked off today and the central bank is expected to announce a reduction in its bond purchases, while investors look for guidance on the timing of US interest rate hikes.  The payrolls report due Friday will also be in the spotlight.2021-11-02T20:06:00"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 increased to an all-time high of 360102021-11-02T15:29:44.25
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketUS2000 increased to an all-time high of 23612021-11-02T14:27:33.487
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 46202021-11-02T13:38:16.82
US Stocks Hover at Records,Stock Market,"US Stocks Hover at RecordsUnited States Stock MarketUS stocks were trading around record levels on Tuesday with the Dow Jones and the S&P 500 hitting another intraday record amid strong corporate results and ahead of the key Federal Reserve decision. Earnings from Pfizer, Estée Lauder, DuPont, KKR & Co and Under Armour topped forecasts. So far, 55.8% of S&P 500 companies have reported quarterly financial results, with 82% beating earnings estimates, according to FactSet. On the other hand, Tesla shares sank around 3% after Elon Musk said the company has not signed contract with Hertz yet and after news that the carmaker will recall 11,700 vehicles. Meanwhile, the Fed's 2-day monetary policy meeting kicks off today and the central bank is expected to announce a reduction in its bond purchases. The payrolls report due Friday will also be in the spotlight.2021-11-02T13:37:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 159102021-11-02T13:36:39.17
US Futures Hover at Record Levels,Stock Market,"US Futures Hover at Record LevelsUnited States Stock MarketUS futures were little changed around record levels on Tuesday amid strong corporate results. Earnings from Pfizer, Estée Lauder, DuPont, KKR & Co and Under Armour topped forecasts. So far, 55.8% of S&P 500 companies have reported quarterly financial results, with 82% beating earnings estimates, according to FactSet. On the other hand, Tesla shares led premarket losses and fell more than 5% after Elon Musk said the company has not signed contract with Hertz yet and after news that the carmaker will recall 11,700 vehicles. Meanwhile, the Fed's 2-day monetary policy meeting kicks off today and the central bank is expected to announce a reduction in its bond purchases. The payrolls report due Friday will also be in the spotlight. 2021-11-02T11:36:00"
ConocoPhillips earnings above expectations at 1.77 USD,Earnings,"ConocoPhillips earnings above expectations at 1.77 USDUnited States EarningsConocoPhillips (COP) released earnings per share at 1.77 USD, compared to market expectations of 1.51 USD.2021-11-02T11:29:51.38"
Global Payments earnings above expectations at 2.18 USD,Earnings,"Global Payments earnings above expectations at 2.18 USDUnited States EarningsGlobal Payments (GPN) released earnings per share at 2.18 USD, compared to market expectations of 2.15 USD.2021-11-02T10:59:24.097"
Estée Lauder earnings above expectations at 1.89 USD,Earnings,"Estée Lauder earnings above expectations at 1.89 USDUnited States EarningsEstée Lauder (EL) released earnings per share at 1.89 USD, compared to market expectations of 1.70 USD.2021-11-02T10:58:52.397"
Pfizer earnings above expectations at 1.34 USD,Earnings,"Pfizer earnings above expectations at 1.34 USDUnited States EarningsPfizer (PFE) released earnings per share at 1.34 USD, compared to market expectations of 1.08 USD.2021-11-02T10:58:46.073"
Enterprise Products Partners earnings above expectations at 0.52 USD,Earnings,"Enterprise Products Partners earnings above expectations at 0.52 USDUnited States EarningsEnterprise Products Partners (EPD) released earnings per share at 0.52 USD, compared to market expectations of 0.51 USD.2021-11-02T10:31:00.78"
Dollar Steady Ahead of Fed Policy Meeting,Currency,"Dollar Steady Ahead of Fed Policy MeetingUnited States CurrencyThe US dollar index held near 94 on Tuesday, trading half a percent below a 52-week high hit early in October amid rising expectations for earlier US interest rate hikes after the latest inflation data rose faster than expected. The headline inflation jumped 4.4% YoY while the Fed-preferred core inflation increased 3.6% YoY in September, challenging the Federal Reserve’s “transitory” narrative. Analysts brought forward US rate hike projections, with Goldman Sachs pinning the first hike in July next year followed by another increase in November 2022. Meanwhile, markets now await policy outlook guidance from the conclusion of the Nov. 2-3 FOMC meeting.2021-11-02T03:28:22.45"
"Bitcoin Firm Above $60,000, Stablecoins in Focus",Currency,"Bitcoin Firm Above $60,000, Stablecoins in FocusUnited States CurrencyBitcoin prices firmed up above $60,000 in early November, after the Biden administration issued statements on the use and regulation of stablecoins, a digital asset pegged to traditional currencies widely used to trade crypto assets. The President’s Working Group on Financial Markets called on the Congress on Monday to regulate issuers of stablecoins like banks and urged financial agencies to assess whether the growing use of such digital assets in the country’s payment system pose a systemic risk. The regulators however acknowledged that stablecoins could support faster, efficient and inclusive payment options. Meanwhile, Bitcoin rallied 40% in October attributed by analysts to inflation concerns, increasing regulatory clarity and the launching of the first Bitcoin futures-backed US exchange traded fund. 2021-11-02T01:10:00"
Humana earnings above expectations at 6.89 USD,Earnings,"Humana earnings above expectations at 6.89 USDUnited States EarningsHumana (HUM) released earnings per share at 6.89 USD, compared to market expectations of 4.67 USD.2021-11-02T01:02:10.233"
Dollar Falls Back to Below 94 on Monday,Currency,"Dollar Falls Back to Below 94 on MondayUnited States CurrencyThe US dollar index lost some ground to trade slightly below the 94.0 level on Monday, partially offsetting the 0.8% gains from the last session ahead of Fed’s decision on Wednesday. Following Friday’s gains with higher inflation data, investors retreated and traded more cautiously, waiting for more clues on the Federal Reserve's next steps. Traders broadly expect the announcement of bond purchases stimulus tapering, while it is not yet clear when interest rate increases will occur. On Friday, the headline inflation jumped 4.4% YoY while the Fed-preferred core inflation increased 3.6% YoY in September, prompting some analysts to anticipate more aggressive hikes.2021-11-01T17:20:54.433"
Russell 2000 Hits 17-week High,Stock Market,Russell 2000 Hits 17-week HighUnited States Stock MarketUS2000 increased to a 17-week high of 23242021-11-01T14:00:02.463
US October Manufacturing PMI Revised Lower,Manufacturing PMI,"US October Manufacturing PMI Revised LowerUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised lower to 58.4 in October 2021, from a preliminary estimate of 59.2 and down from September's 60.7. The latest reading pointed to a sharp improvement in the health of the US manufacturing sector, although the pace of expansion slowed to the weakest for ten months due to smallest increase in production levels since July 2020 amid capacity constraints including material shortages. In addition, new orders rose the least in 10 months, while vendor performance continued to deteriorate sharply due to transportation delays and strong demand for inputs. Backlogs of work and employment increased at solid rates. On the price front, input cost inflation remained among the highest on record, and output charge inflation hit a new peak as firms continued to partially pass on higher costs to clients. Finally, output expectations dropped to a 12-month low in October amid concerns regarding inflation and supply-chain disruption.2021-11-01T13:54:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 46162021-11-01T13:30:02.287
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 158712021-11-01T13:30:01.727
US Stocks Hit New Records,Stock Market,"US Stocks Hit New RecordsUnited States Stock MarketWall Street's main indexes hit new records on the first trading day of November, with Tesla and energy stocks leading the gains, on the back of a strong earnings season and as investors prepare for a key Federal Reserve's policy meeting and the October's jobs report later this week. The Fed is widely expected to announce that it will be tapering its $120 billion monthly bond purchases by $15 billion on Wednesday, while investors will be looking ahead to central bank guidance on the timing of US interest rate hikes. The market is also anticipating signs of improvement from the October US employment report due for release on Friday. Among single stocks, Tesla rallied after it notched a trillion dollars in market capitalization last week, while Exxon Mobil and Chevron Corp gained as JP Morgan raised its price target on the oil majors following their strong quarterly results.2021-11-01T13:30:00"
US 10Y Bond Yield Little-Changed Ahead of Fed,Government Bond 10Y,"US 10Y Bond Yield Little-Changed Ahead of FedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note hovered around 1.55% at the start of November, as investors remained cautious ahead of a key US Federal Reserve meeting due later this week. Policymakers are expected to announce a tapering of stimulus amid concerns over inflationary pressure, while markets have already priced in a 90% chance of quarter-point tightening by mid-2022, factoring in another rate increase by the end of the year. In addition, investors eye the release of the closely watched monthly payrolls report due Friday for further clues on the country's policy path.2021-11-01T08:15:00"
Dollar Steady Ahead of Fed Policy Meeting,Currency,"Dollar Steady Ahead of Fed Policy MeetingUnited States CurrencyThe US dollar index firmed up above 94.10 on Monday, marching towards a 52-week high hit early in October amid rising expectations for earlier interest rate hikes after the latest US inflation data rose faster than expected. The headline inflation jumped 4.4% YoY while the Fed-preferred core inflation increased 3.6% YoY in September. Analysts are anticipating more aggressive hikes from the Federal Reserve than policymakers are currently indicating, with Goldman Sachs projecting the first hike in July next year followed by another increase in November 2022. Traders now look ahead to the conclusion of the Fed meeting on Wednesday as well as the October jobs data due on Friday.2021-11-01T03:15:37.577"
Bitcoin Steady After 40% October Rally,Currency,"Bitcoin Steady After 40% October RallyUnited States CurrencyBitcoin prices steadied above $60,000 at the start November, after rallying about 40% in the previous month attributed by analysts to inflation concerns, increasing regulatory clarity and the launching of the first Bitcoin futures-backed US exchange traded fund.  Meanwhile, cryptocurrency exchange Kraken revealed that on-chain data they were monitoring pointed to a “supply shock” in the market as also being behind the October rally. The report indicated that long-term holders were doing very little profit-taking and instead continued to accumulate, along with miners who were stockpiling their earned Bitcoin.2021-11-01T01:55:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 46122021-10-31T21:56:32.9
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX CFD increased to an all-time high of 158792021-10-31T21:54:58.163
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 CFD increased to an all-time high of 359222021-10-31T21:46:43.29
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 46102021-10-29T20:12:55.823
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX CFD increased to an all-time high of 158592021-10-29T20:10:30.673
AbbVie earnings above expectations at 3.33 USD,Earnings,"AbbVie earnings above expectations at 3.33 USDUnited States EarningsAbbVie (ABBV) released earnings per share at 3.33 USD, compared to market expectations of 3.22 USD.2021-10-29T14:35:59.477"
Exxon Mobil earnings above expectations at 1.58 USD,Earnings,"Exxon Mobil earnings above expectations at 1.58 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 1.58 USD, compared to market expectations of 1.56 USD.2021-10-29T14:33:10.713"
US Consumer Sentiment Revised Up,Consumer Confidence,"US Consumer Sentiment Revised UpUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised slightly higher to 71.7 in October of 2021 from a preliminary of 71.4. The expectations subindex was revised up to 67.9 from a preliminary of 67.2 while the gauge of current conditions dropped to 77.7 from a preliminary of 77.9. Meanwhile, inflation expectations for the year-ahead were at 4.8% while the 5-year outlook increased to 2.9% from a preliminary of 2.8%. The positive impact of higher income expectations and the receding coronavirus has been offset by higher rates of inflation and falling confidence in government economic policies.2021-10-29T14:08:39.143"
Chicago PMI Recovers in October,Chicago PMI,"Chicago PMI Recovers in OctoberUnited States Chicago PMIThe Chicago Business Barometer rose to 68.4 in October of 2021, picking up after two
consecutive months of decline and well above market estimates of 63.5. It was the highest reading since July. New orders advanced 3.1 points, recovering from September’s 6-month low; and employment increased again, up for a fourth straight month, rising 4.2 points to stand at the highest in just over three years. Production was the only component to fall in October, dropping 2.2 points to the lowest since August 2020. Meanwhile, supplier deliveries went up, as firms again reported worsening port congestion and ongoing logistical issues with trucking, rail, and even air cargo. On the price front, prices paid rose by 3.6 points in October to a 42-year high, with many companies saying prices continued to be an issue.

2021-10-29T13:52:00"
Dollar Bounces Off 1-Month Low,Currency,"Dollar Bounces Off 1-Month LowUnited States CurrencyThe dollar index regained some ground to 93.7 on Friday, recovering from a sell-off that took it to its lowest level in a month, buoyed by solid economic data including personal spending and initial jobless claims. Also, data continued to point to hot inflation as US employment costs rose at the fastest pace on record during Q3 while core PCE inflation increased in line with forecasts in September. Traders now look ahead to the US central bank meeting next week to gauge monetary policy direction as the Fed balances its act in the face of slowing growth and rising inflation. Figures earlier in the week showed the US economy grew much less than expected in Q3.2021-10-29T13:13:00"
Core PCE Inflation Slows in September,Core PCE Price Index MoM,"Core PCE Inflation Slows in SeptemberUnited States Core PCE Price Index MoMCore PCE prices in the US which exclude food and energy increased 0.2% mom in September of 2021, below 0.3% in the previous two months and in line with forecasts. The annual rate was steady at 3.6% for a third straight month, below expectations of 3.7%, in another sign that PCE inflation is stabilizing after an inflationary surge. 2021-10-29T12:47:45.95"
US Personal Income Falls for 1st Time in 4 Months,Personal Income,"US Personal Income Falls for 1st Time in 4 MonthsUnited States Personal IncomePersonal income in the United States dropped 1.0 percent from a month earlier in September 2021, following a 0.2 percent advance in August and compared with market expectations of a 0.2 percent fall. It was the first monthly decline in income since May, primarily due to a decrease in government social benefits, both in unemployment benefits and “other” benefits. Meanwhile, wages and salaries increased at a faster pace.2021-10-29T12:33:00"
US Q3 Employment Costs Rise Faster than Expected,Employment Cost Index,"US Q3 Employment Costs Rise Faster than ExpectedUnited States Employment Cost IndexCompensation costs for civilian workers in the US increased 1.3 percent quarter-over-quarter in the three months ending September of 2021, quickening from a 0.7 percent rise in the previous period and faster than market expectations of a 0.9 percent rise. Wages and salaries increased 1.5 percent (vs 0.9 percent in Q2) and benefit cost went up 0.9 percent (vs 0.4 percent).
2021-10-29T12:31:00"
Charter Communications earnings above expectations at 6.50 USD,Earnings,"Charter Communications earnings above expectations at 6.50 USDUnited States EarningsCharter Communications (CHTR) released earnings per share at 6.50 USD, compared to market expectations of 5.69 USD.2021-10-29T11:31:57.933"
L3Harris Technologies Inc earnings above expectations at 3.21 USD,Earnings,"L3Harris Technologies Inc earnings above expectations at 3.21 USDUnited States EarningsL3Harris Technologies Inc (LHX) released earnings per share at 3.21 USD, compared to market expectations of 3.18 USD.2021-10-29T11:01:41.153"
Colgate-Palmolive earnings above expectations at 0.81 USD,Earnings,"Colgate-Palmolive earnings above expectations at 0.81 USDUnited States EarningsColgate-Palmolive (CL) released earnings per share at 0.81 USD, compared to market expectations of 0.80 USD.2021-10-29T11:01:34.813"
Chevron earnings above expectations at 3.19 USD,Earnings,"Chevron earnings above expectations at 3.19 USDUnited States EarningsChevron (CVX) released earnings per share at 3.19 USD, compared to market expectations of 2.21 USD.2021-10-29T10:35:10.05"
US 10Y Bond Yield Extends Gains to 1.6%,Government Bond 10Y,"US 10Y Bond Yield Extends Gains to 1.6%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note extended gains to around 1.6% on Friday as investors shrugged off disappointing GDP growth figures as it was not seen as a factor contributing to postponing of interest rates hikes in the US. Traders now look ahead to the Fed meeting next week when the central bank is expected to announce a reduction in bond purchases. Last week, Fed Chair Powell reiterated the central bank would soon begin tapering although high inflation and pressure on wages will likely last into next year but will abate2021-10-29T09:05:33.16"
"Dollar Hovers 4-Week Low on Weak GDP, Euro Strength",Currency,"Dollar Hovers 4-Week Low on Weak GDP, Euro StrengthUnited States CurrencyThe US dollar index steadied around 93.40 early on Friday, after losing half a percent against major currencies in the previous session amid weak US GDP data. The US economy grew at its slowest pace in more than a year, bolstering speculations that other central banks may raise interest rates faster than the Federal Reserve. Meanwhile, the euro rallied sharply against the US dollar on Thursday after President Christine Lagarde fell short of convincing markets that the European Central Bank will remain dovish amid elevated levels of inflation. Traders now look ahead to the US central bank meeting next week to gauge monetary policy direction as the Fed balances its act in the face of slowing growth and rising inflation.2021-10-29T03:35:15.343"
Apple earnings below expectations at 1.24 USD,Earnings,"Apple earnings below expectations at 1.24 USDUnited States EarningsApple (AAPL) released earnings per share at 1.24 USD, compared to market expectations of 1.24 USD.2021-10-28T20:32:23.697"
Gilead Sciences earnings above expectations at 2.65 USD,Earnings,"Gilead Sciences earnings above expectations at 2.65 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 2.65 USD, compared to market expectations of 1.74 USD.2021-10-28T20:19:36.94"
Stryker earnings below expectations at 2.20 USD,Earnings,"Stryker earnings below expectations at 2.20 USDUnited States EarningsStryker (SYK) released earnings per share at 2.20 USD, compared to market expectations of 2.29 USD.2021-10-28T20:19:28.647"
Starbucks earnings above expectations at 1 USD,Earnings,"Starbucks earnings above expectations at 1 USDUnited States EarningsStarbucks (SBUX) released earnings per share at 1 USD, compared to market expectations of 0.99 USD.2021-10-28T20:12:40.287"
Amazon earnings below expectations at 6.12 USD,Earnings,"Amazon earnings below expectations at 6.12 USDUnited States EarningsAmazon (AMZN) released earnings per share at 6.12 USD, compared to market expectations of 8.91 USD.2021-10-28T20:05:18.96"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX CFD increased to an all-time high of 157862021-10-28T20:00:24.53
Mastercard earnings above expectations at 2.37 USD,Earnings,"Mastercard earnings above expectations at 2.37 USDUnited States EarningsMastercard (MA) released earnings per share at 2.37 USD, compared to market expectations of 2.19 USD.2021-10-28T15:59:09.737"
Illinois Tool Works earnings above expectations at 2.02 USD,Earnings,"Illinois Tool Works earnings above expectations at 2.02 USDUnited States EarningsIllinois Tool Works (ITW) released earnings per share at 2.02 USD, compared to market expectations of 2.00 USD.2021-10-28T15:58:42.393"
Tenth District Factory Growth at 3-Month High,Kansas Fed Manufacturing Index,"Tenth District Factory Growth at 3-Month HighUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index rose to 25 in October 2021 from 10 in the previous month, the highest since July. Factory growth in October was driven by increased activity at nondurable goods plants, in particular paper and printing production, chemical manufacturing, and plastics products, while durable goods manufacturing grew more moderately. “Production and employment have continued to increase. However, more firms reported additional price increases and delivery time delays. Most contacts expected supply chain issues to be resolved within the next 6 to 12 months, but 36% of firms expected these issues to persist for more than 12 months”, said Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City.2021-10-28T15:04:37.273"
Intercontinental Exchange earnings above expectations at 1.30 USD,Earnings,"Intercontinental Exchange earnings above expectations at 1.30 USDUnited States EarningsIntercontinental Exchange (ICE) released earnings per share at 1.30 USD, compared to market expectations of 1.22 USD.2021-10-28T14:54:30.72"
Baxter International earnings above expectations at 1.02 USD,Earnings,"Baxter International earnings above expectations at 1.02 USDUnited States EarningsBaxter International (BAX) released earnings per share at 1.02 USD, compared to market expectations of 0.94 USD.2021-10-28T14:53:29.447"
Dollar Weakens to 4-Week Low,currency,"Dollar Weakens to 4-Week LowUnited States currencyThe greenback lost further ground to 93.3 against a basket of its rivals on Thursday, the lowest in near four weeks after GDP growth for the US came below forecasts at 2% and PCE prices increased faster than anticipated. Yet, initial claims fell more than initially expected and investors try to assess how such economic data will impact Fed's tapering and interest rate outlook. Meanwhile, the euro extended gains as ECB President Lagarde sounded less dovish during a press conference in spite the ECB made no adjustments to its monetary policy or forward guidance. Elsewhere, the Bank of Canada ended its QE program on Wednesday, the Reserve Bank of Australia refused to defend its yield target as markets bet aggressively for earlier tightening and Japan also kept policies unchanged but signaled dovishness by trimming inflation and growth forecasts.2021-10-28T14:53:00"
Altria earnings below expectations at 1.22 USD,Earnings,"Altria earnings below expectations at 1.22 USDUnited States EarningsAltria (MO) released earnings per share at 1.22 USD, compared to market expectations of 1.26 USD.2021-10-28T14:52:13.493"
Moody's earnings above expectations at 2.69 USD,Earnings,"Moody's earnings above expectations at 2.69 USDUnited States EarningsMoody's (MCO) released earnings per share at 2.69 USD, compared to market expectations of 2.53 USD.2021-10-28T14:52:07.127"
Comcast earnings above expectations at 0.87 USD,Earnings,"Comcast earnings above expectations at 0.87 USDUnited States EarningsComcast (CMCSA) released earnings per share at 0.87 USD, compared to market expectations of 0.75 USD.2021-10-28T14:51:43.787"
American Tower earnings above expectations at 1.58 USD,Earnings,"American Tower earnings above expectations at 1.58 USDUnited States EarningsAmerican Tower (AMT) released earnings per share at 1.58 USD, compared to market expectations of 1.19 USD.2021-10-28T14:51:24.8"
Newmont Mining earnings below expectations at 0.60 USD,Earnings,"Newmont Mining earnings below expectations at 0.60 USDUnited States EarningsNewmont Mining (NEM) released earnings per share at 0.60 USD, compared to market expectations of 0.76 USD.2021-10-28T14:51:12.83"
Dollar Little Changed after GDP Data,Currency,"Dollar Little Changed after GDP DataUnited States CurrencyThe dollar index fell only slightly to below 93.8 on Thursday after GDP growth for the US came below forecasts at 2% and PCE prices increased faster than anticipated. At the same time, initial claims fell more than initially expected and investors try to assess how such economic data will impact Fed's tapering and interest rate outlook. At the same time, traders digest policy direction amid a slew of central bank decisions. The Bank of Canada ended its QE program on Wednesday and joined the Reserve Bank of New Zealand in normalizing monetary policy. The ECB made no adjustments to its monetary policy or forward guidance and the Bank of Japan also kept policies unchanged, but signalled dovishness by trimming inflation and growth forecasts, while the Reserve Bank of Australia refused to defend its yield target as markets bet aggressively for earlier tightening. 2021-10-28T13:02:12.663"
US 10Y Bond Yield Recovers from 2-Week Low,Government Bond 10Y,"US 10Y Bond Yield Recovers from 2-Week LowUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose to above 1.56% Thursday as disappointing GDP growth data was not seen as a factor contributing to the postponing of interest rates hikes in the US. The world's largest economy grew by an annualized 2% in the third quarter, well below market consensus of 2.7% amid growing inflationary pressure, persistent supply chain issues and rising COVID-19 cases. Meanwhile, the jobless claims fell to a new pandemic low pointing to a gradual recovery in the labor market. The yield has touched a five-month high of 1.69% earlier this month, as investors believe the Fed will start reducing stimulus as soon as next month. Last week, Fed Chair Powell reiterated the central bank would soon begin tapering although high inflation and pressure on wages will likely last into next year but will abate.2021-10-28T12:42:00"
"US Futures Edge Higher Ahead of GDP, Jobs Data",Stock Market,"US Futures Edge Higher Ahead of GDP, Jobs DataUnited States Stock MarketUS stock futures edged higher on Thursday after the Dow Jones and S&P 500 fell from recent peaks, as investors await US third-quarter GDP growth and weekly jobless claims data. Meanwhile, the earnings season continues with results from Carlye Group, Caterpillar, Comcast and Merck beating market forecasts. Also, Ford shares jumped in pre-market trading on a huge earnings surprise, while eBay and Twilio all tumbled on weak forward guidance. Amazon, Apple and Starbucks are due to report today after the closing bell.2021-10-28T12:21:00"
American Electric Power earnings below expectations at 1.43 USD,Earnings,"American Electric Power earnings below expectations at 1.43 USDUnited States EarningsAmerican Electric Power (AEP) released earnings per share at 1.43 USD, compared to market expectations of 1.46 USD.2021-10-28T10:59:46.86"
Northrop Grumman earnings above expectations at 6.63 USD,Earnings,"Northrop Grumman earnings above expectations at 6.63 USDUnited States EarningsNorthrop Grumman (NOC) released earnings per share at 6.63 USD, compared to market expectations of 5.99 USD.2021-10-28T10:59:34.19"
Caterpillar earnings above expectations at 2.66 USD,Earnings,"Caterpillar earnings above expectations at 2.66 USDUnited States EarningsCaterpillar (CAT) released earnings per share at 2.66 USD, compared to market expectations of 2.20 USD.2021-10-28T10:59:27.853"
Merck & Co earnings above expectations at 1.75 USD,Earnings,"Merck & Co earnings above expectations at 1.75 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 1.75 USD, compared to market expectations of 1.54 USD.2021-10-28T10:59:21.903"
US Initial Jobless Claims Seen Unchanged at 290K,Initial Jobless Claims,"US Initial Jobless Claims Seen Unchanged at 290KUnited States Initial Jobless ClaimsInitial jobless claims likely remained unchanged at a 19-month low of 290 thousand in the week ending October 23rd, as the labor market slowly recovers to its pre-pandemic normal amid a surge in demand for labor, the expiration of enhanced jobless benefits, and record levels of job openings and quits by employees. Still, the number of new filings remains well above the 212 thousand figure seen back in early March 2020, just before the COVID-19 crisis hit the US economy. Continuing claims, which capture those still collecting benefits from regular state unemployment programs, likely dropped to a new pandemic low of 2.415 million at the October 16th week.2021-10-28T10:51:33.11"
Dollar Steady Amid Key Central Bank Decisions,Currency,"Dollar Steady Amid Key Central Bank DecisionsUnited States CurrencyThe US dollar index settled around 93.88 on Thursday, as markets ponder policy direction amid a slew of central bank decisions. The Bank of Canada ended its QE program on Wednesday and joined the Reserve Bank of New Zealand in normalizing monetary policy. The Bank of Japan meanwhile kept policies unchanged, but signaled dovishness by trimming inflation and growth forecasts, while the Reserve Bank of Australia refused to defend its yield target as markets bet aggressively for earlier tightening. Traders now await the European Central Bank decision and the Federal Reserve meeting next week, as well as the US quarterly GDP and weekly jobs data due for release later today.2021-10-28T07:09:24.29"
Edwards Lifesciences earnings above expectations at 0.54 USD,Earnings,"Edwards Lifesciences earnings above expectations at 0.54 USDUnited States EarningsEdwards Lifesciences (EW) released earnings per share at 0.54 USD, compared to market expectations of 0.53 USD.2021-10-27T20:44:32.577"
ServiceNow earnings above expectations at 1.55 USD,Earnings,"ServiceNow earnings above expectations at 1.55 USDUnited States EarningsServiceNow (NOW) released earnings per share at 1.55 USD, compared to market expectations of 1.39 USD.2021-10-27T20:44:26.263"
Dollar Weakens Slightly on Wednesday,Currency,"Dollar Weakens Slightly on WednesdayUnited States CurrencyThe US dollar index edged lower to 93.8 on Wednesday, weakening against major peers such as the Canadian dollar, euro and Japanese yen, as investors digest Bank of Canada's hawkish tone and await policy outlook guidance from upcoming central bank meetings. The Bank of Canada announced an end to its quantitative easing programme and signaled that an interest rate hike may be coming sooner than expected amid concerns over high inflation. Elsewhere, the European Central Bank is expected to take a dovish stance on Thursday, while the Bank of Japan is unlikely to change the policy stance although there are reports that it discussed phasing out a COVID-19 loan scheme. Markets also eye US Q3 GDP figures due Thursday.2021-10-27T19:11:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 157112021-10-27T17:23:25.803
Norfolk Southern earnings above expectations at 3.06 USD,Earnings,"Norfolk Southern earnings above expectations at 3.06 USDUnited States EarningsNorfolk Southern (NSC) released earnings per share at 3.06 USD, compared to market expectations of 2.91 USD.2021-10-27T15:05:55.933"
US Crude Stocks Rise More than Forecast,Crude Oil Stocks Change,"US Crude Stocks Rise More than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 4.267 million barrels in the week ending October 22nd, following a 0.431 million decline in the previous period and compared with market forecasts of a 1.914 million increase, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories were down by 1.994 million barrels, more than an expected 1.862 million drop.2021-10-27T14:42:59.507"
US 10Y Bond Yield Falls Below 1.6%,Government Bond 10Y,"US 10Y Bond Yield Falls Below 1.6%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note declined below 1.6% at the end of October, as investors weighed a strong earnings season against concerns over slowing economic growth, inflationary pressure and ongoing supply chain issues. Still, the yield remained close to a recent five-month high, as investors believe the Fed will start reducing stimulus as soon as next month. On Friday, Fed Chair Powell reiterated the central bank would soon begin tapering although high inflation and pressure on wages will likely last into next year but will abate. Fresh GDP growth figures for Q3 due this week will be keenly watched for an update on the US economy.2021-10-27T14:33:27.76"
Thermo Fisher Scientific earnings above expectations at 5.76 USD,Earnings,"Thermo Fisher Scientific earnings above expectations at 5.76 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 5.76 USD, compared to market expectations of 4.68 USD.2021-10-27T13:48:53.907"
US Wholesale Inventories Rise at Slower Pace in September,Wholesale Inventories,"US Wholesale Inventories Rise at Slower Pace in SeptemberUnited States Wholesale InventoriesWholesale inventories in the US rose 1.1 percent month-over-month to $739.5 billion in September of 2021, easing from a 1.2 percent increase in August, a preliminary estimate showed. Durable goods stocks rose less (1.1 percent vs 1.3 percent in August) while nondurable ones advanced faster (1.1 percent vs 1 percent). On a yearly basis, wholesale inventories advanced 12.7 percent in September.2021-10-27T12:34:36.467"
Kraft Heinz earnings above expectations at 0.65 USD,Earnings,"Kraft Heinz earnings above expectations at 0.65 USDUnited States EarningsKraft Heinz (KHC) released earnings per share at 0.65 USD, compared to market expectations of 0.58 USD.2021-10-27T12:03:03.45"
Fiserv earnings above expectations at 1.47 USD,Earnings,"Fiserv earnings above expectations at 1.47 USDUnited States EarningsFiserv (FISV) released earnings per share at 1.47 USD, compared to market expectations of 1.45 USD.2021-10-27T12:02:29.71"
CME earnings above expectations at 1.60 USD,Earnings,"CME earnings above expectations at 1.60 USDUnited States EarningsCME (CME) released earnings per share at 1.60 USD, compared to market expectations of 1.56 USD.2021-10-27T12:02:23.037"
Boeing earnings below expectations at -0.60 USD,Earnings,"Boeing earnings below expectations at -0.60 USDUnited States EarningsBoeing (BA) released earnings per share at -0.60 USD, compared to market expectations of -0.15 USD.2021-10-27T12:01:50.013"
Bristol-Myers Squibb earnings above expectations at 2.00 USD,Earnings,"Bristol-Myers Squibb earnings above expectations at 2.00 USDUnited States EarningsBristol-Myers Squibb (BMY) released earnings per share at 2.00 USD, compared to market expectations of 1.93 USD.2021-10-27T12:01:44.05"
McDonalds earnings above expectations at 2.76 USD,Earnings,"McDonalds earnings above expectations at 2.76 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 2.76 USD, compared to market expectations of 2.46 USD.2021-10-27T11:11:04.14"
"US Mortgage Applications Inch Up, Rates Rise: MBA",Mortgage Applications,"US Mortgage Applications Inch Up, Rates Rise: MBAUnited States Mortgage ApplicationsMortgage applications in the US edged up 0.3% in the latest week, following a 6.3% drop in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home increased 3.5% while those to refinance a home loan declined 1.6%. The average fixed 30-year mortgage rate continued to rise to 3.3% from 3.23%, the highest since early April. “The increase in rates triggered the fifth straight decrease in refinance activity to the slowest weekly pace since January 2020. Higher rates continue to reduce borrowers’ incentive to refinance. Both new and existing-home sales last month were at their strongest sales pace since early 2021, but first-time home buyers are accounting for a declining share of activity”, said Joel Kan, MBA’s associate vice president.2021-10-27T11:07:00"
Coca-Cola earnings above expectations at 0.65 USD,Earnings,"Coca-Cola earnings above expectations at 0.65 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.65 USD, compared to market expectations of 0.58 USD.2021-10-27T11:01:05.723"
Boston Scientific earnings above expectations at 0.41 USD,Earnings,"Boston Scientific earnings above expectations at 0.41 USDUnited States EarningsBoston Scientific (BSX) released earnings per share at 0.41 USD, compared to market expectations of 0.40 USD.2021-10-27T11:00:10.28"
ADP earnings above expectations at 1.65 USD,Earnings,"ADP earnings above expectations at 1.65 USDUnited States EarningsADP (ADP) released earnings per share at 1.65 USD, compared to market expectations of 1.49 USD.2021-10-27T11:00:04.033"
Bitcoin Rally Stalls Pending Bank Regulation,Currency,"Bitcoin Rally Stalls Pending Bank RegulationUnited States CurrencyBitcoin prices steadied around $60,000 on Wednesday, after falling more than 4% in the previous session as markets await US regulatory decisions on how banks can hold and keep crypto-assets. FDIC Chairman Jelena McWilliams previously said that they are working with the Federal Reserve and the Office of the Comptroller of the Currency to provide regulatory clarity for banks willing to handle cryptocurrencies and stablecoins, planning to issue multiple policy statements over the coming months. While acknowledging the benefits that such assets bring to consumers, US regulators warned that they pose a risk to financial stability if they get widespread adoption. Meanwhile, Bitcoin already advanced about 50% since the end of September leading to the launch of the first crypto exchange traded fund, ProShares Bitcoin Strategy ETF, which started trading on October 19, as markets cheer mainstream adoption of the digital asset.2021-10-27T07:46:00"
US Dollar Steady Ahead of Central Bank Meetings,Currency,"US Dollar Steady Ahead of Central Bank MeetingsUnited States CurrencyThe US dollar index stabilized around 93.95 on Wednesday, after bouncing off recent lows against the euro, Japanese yen and Swiss franc, as markets await policy outlook guidance from upcoming central bank meetings. The Bank of Canada is expected to raise inflation forecast and end pandemic-era stimulus on Wednesday, the European Central Bank will meet on Thursday with presumptions that it will stay dovish, and the Bank of Japan will meet on Wednesday and Thursday with reports that it discussed phasing out a COVID-19 loan programme but is unlikely to change policies. Elsewhere, markets also eye US Q3 GDP figures this week. The US dollar meanwhile remained weak against other currencies such as the British pound and Australian and New Zealand dollars amid speculations of earlier rate hikes due to heightened inflation.2021-10-27T06:15:00"
Digital Realty earnings above expectations at 0.44 USD,Earnings,"Digital Realty earnings above expectations at 0.44 USDUnited States EarningsDigital Realty (DLR) released earnings per share at 0.44 USD, compared to market expectations of 0.24 USD.2021-10-26T20:47:49.107"
Advanced Micro Devices earnings above expectations at 0.73 USD,Earnings,"Advanced Micro Devices earnings above expectations at 0.73 USDUnited States EarningsAdvanced Micro Devices (AMD) released earnings per share at 0.73 USD, compared to market expectations of 0.66 USD.2021-10-26T20:47:42.797"
Chubb earnings above expectations at 2.64 USD,Earnings,"Chubb earnings above expectations at 2.64 USDUnited States EarningsChubb (CB) released earnings per share at 2.64 USD, compared to market expectations of 2.25 USD.2021-10-26T20:17:52.78"
Texas Instruments earnings above expectations at 2.07 USD,Earnings,"Texas Instruments earnings above expectations at 2.07 USDUnited States EarningsTexas Instruments (TXN) released earnings per share at 2.07 USD, compared to market expectations of 2.05 USD.2021-10-26T20:17:46.09"
Visa earnings above expectations at 1.62 USD,Earnings,"Visa earnings above expectations at 1.62 USDUnited States EarningsVisa (V) released earnings per share at 1.62 USD, compared to market expectations of 1.55 USD.2021-10-26T20:17:26.743"
Alphabet earnings above expectations at 27.99 USD,Earnings,"Alphabet earnings above expectations at 27.99 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 27.99 USD, compared to market expectations of 23.84 USD.2021-10-26T20:17:13.367"
Microsoft earnings above expectations at 2.27 USD,Earnings,"Microsoft earnings above expectations at 2.27 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 2.27 USD, compared to market expectations of 2.07 USD.2021-10-26T20:17:07.067"
US 5th District Services Index Bounces Back in October,Richmond Fed Services Index,"US 5th District Services Index Bounces Back in OctoberUnited States Richmond Fed Services IndexThe Service Sector Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rebounded to 9 points in October 2021 from a seven-month low of -3 in September. Major contributions came from revenues (9 from -3 in September) and demand (18 from 17), while local business conditions were little changed at 2 points. Results also showed many companies raised salaries this month, and more companies saw an expansion in staffing levels than a contraction, despite struggling to find workers with the necessary skills. On the price front, the average growth rate of prices paid and received by respondents increased slightly, but businesses see inflation rates slowing down in the coming year. Looking ahead, firms were optimistic that conditions would improve in the coming six months.2021-10-26T16:03:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 157102021-10-26T14:50:22.637
Texas Service Sector Activity Accelerates in October,Dallas Fed Services Revenues Index,"Texas Service Sector Activity Accelerates in OctoberUnited States Dallas Fed Services Revenues IndexThe Federal Reserve Bank of Dallas' revenue index for services in Texas, a key measure of state service sector conditions, increased to 19.6 in October 2021, from 14.5 in the previous month. Labor market indicators suggested there was a significant acceleration in hiring and lengthening of average hours worked, while perceptions of broader business conditions also improved significantly. On the price front, the wages and benefits index increased to 34.7, a record high in the survey’s 14-year history. The selling prices index rose to 22.7, while the input prices index climbed to 47.0, its highest reading since 2008. Finally, expectations regarding future business activity were more positive compared with September.2021-10-26T14:46:00"
US 5th District Factory Index Rebounds Firmly in October,Richmond Fed Manufacturing Index,"US 5th District Factory Index Rebounds Firmly in OctoberUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia jumped to a 3-month high of 12 in October 2021, rebounding from -3 in September, which was the lowest since May 2020. Support came from the three the indexes, namely shipments (1 from -1 in September), new orders (10 from -19) and employment (27 from 20). Meanwhile, backlogs of work (19 from 12) continued to expand and vendor lead times lengthened to unprecedented levels (67 from 59) Manufacturers continued to see low inventories of both finished goods (-11 from -14) and raw materials (-21 from -19). Finally, goods producers were optimistic that conditions would improve in the coming months but expected inventories to remain low for some time.
2021-10-26T14:05:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 45862021-10-26T13:30:04.557
US House Prices Rise the Least in 15 Months: FHFA,FHFA House Price Index MoM,"US House Prices Rise the Least in 15 Months: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 1.0 percent from a month earlier in August 2021, the least since a decline was reported in May 2020 and following a 1.4 percent gain in July. For the nine census divisions, seasonally adjusted monthly house price changes ranged from +0.1 percent in the New England division to +1.9 percent in the South Atlantic division. Year-on-year, house prices rose 18.5 percent in August, easing from July's record high of 19.2 percent.2021-10-26T13:05:00"
Ecolab earnings above expectations at 1.38 USD,Earnings,"Ecolab earnings above expectations at 1.38 USDUnited States EarningsEcolab (ECL) released earnings per share at 1.38 USD, compared to market expectations of 1.30 USD.2021-10-26T13:04:25.657"
Waste Management earnings below expectations at 1.26 USD,Earnings,"Waste Management earnings below expectations at 1.26 USDUnited States EarningsWaste Management (WM) released earnings per share at 1.26 USD, compared to market expectations of 1.36 USD.2021-10-26T11:32:10.337"
Sherwin-Williams earnings below expectations at 2.09 USD,Earnings,"Sherwin-Williams earnings below expectations at 2.09 USDUnited States EarningsSherwin-Williams (SHW) released earnings per share at 2.09 USD, compared to market expectations of 2.13 USD.2021-10-26T11:32:03.657"
Lockheed Martin earnings below expectations at 2.21 USD,Earnings,"Lockheed Martin earnings below expectations at 2.21 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 2.21 USD, compared to market expectations of 2.29 USD.2021-10-26T11:31:56.957"
S&P Global Inc earnings above expectations at 3.54 USD,Earnings,"S&P Global Inc earnings above expectations at 3.54 USDUnited States EarningsS&P Global Inc (SPGI) released earnings per share at 3.54 USD, compared to market expectations of 3.16 USD.2021-10-26T11:31:50.617"
3M earnings above expectations at 2.45 USD,Earnings,"3M earnings above expectations at 2.45 USDUnited States Earnings3M (MMM) released earnings per share at 2.45 USD, compared to market expectations of 2.20 USD.2021-10-26T11:01:07.233"
Centene earnings above expectations at 1.26 USD,Earnings,"Centene earnings above expectations at 1.26 USDUnited States EarningsCentene (CNC) released earnings per share at 1.26 USD, compared to market expectations of 1.24 USD.2021-10-26T10:32:10.83"
General Electric earnings above expectations at 0.57 USD,Earnings,"General Electric earnings above expectations at 0.57 USDUnited States EarningsGeneral Electric (GE) released earnings per share at 0.57 USD, compared to market expectations of 0.43 USD.2021-10-26T10:31:33.467"
United Parcel Service earnings above expectations at 2.71 USD,Earnings,"United Parcel Service earnings above expectations at 2.71 USDUnited States EarningsUnited Parcel Service (UPS) released earnings per share at 2.71 USD, compared to market expectations of 2.55 USD.2021-10-26T10:31:14.11"
Eli Lilly earnings below expectations at 1.94 USD,Earnings,"Eli Lilly earnings below expectations at 1.94 USDUnited States EarningsEli Lilly (LLY) released earnings per share at 1.94 USD, compared to market expectations of 1.96 USD.2021-10-26T10:31:07.407"
US Dollar Steady Ahead of Central Bank Meetings,Currency,"US Dollar Steady Ahead of Central Bank MeetingsUnited States CurrencyThe US dollar index stabilized around 93.9 on Tuesday, after bouncing off recent lows against the euro, Japanese yen and Swiss franc, as markets await policy outlook guidance from upcoming central bank meetings. The European Central Bank will meet on Thursday with expectations that it will stay dovish, while the Bank of Japan will meet on Wednesday and Thursday with reports that it discussed phasing out a COVID-19 loan programme but is unlikely to change policies. Elsewhere, markets also eye US Q3 GDP figures this week. The US dollar meanwhile remained weak against other currencies such as the British pound and Australian and New Zealand dollars amid speculations of earlier rate hikes due to heightened inflation.2021-10-26T02:17:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 45732021-10-25T20:30:26.75
Facebook earnings above expectations at 3.22 USD,Earnings,"Facebook earnings above expectations at 3.22 USDUnited States EarningsFacebook (FB) released earnings per share at 3.22 USD, compared to market expectations of 3.19 USD.2021-10-25T20:15:57.517"
NASDAQ 100 Hits 5-week High,Stock Market,NASDAQ 100 Hits 5-week HighUnited States Stock MarketUSNDX increased to a 5-week high of 154982021-10-25T16:37:39.15
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 increased to an all-time high of 357662021-10-25T16:04:34.04
Russell 2000 Hits 7-week High,Stock Market,Russell 2000 Hits 7-week HighUnited States Stock MarketUS2000 increased to a 7-week high of 23072021-10-25T14:31:15.653
Kimberly Clark earnings below expectations at 1.62 USD,Earnings,"Kimberly Clark earnings below expectations at 1.62 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 1.62 USD, compared to market expectations of 1.65 USD.2021-10-25T11:32:25.083"
US Treasury Yields Remain Elevated,Government Bond 10Y,"US Treasury Yields Remain ElevatedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note above 1.6% in the last week of October, remaining close to 5-month highs, as investors continue to bet on the American economic recovery amid strong corporate results and as traders get increasingly more confident the Fed will start reducing stimulus next month, despite persistent inflationary pressure. On Friday, Fed Chair Powell reiterated the central bank would soon begin tapering although high inflation and pressure on wages will likely last into next year but will abate. Fresh GDP growth figures for Q3 due this week will be keenly watched for an update on the US economy. 2021-10-25T08:01:00"
US Dollar Softens on Cautious Fed Stance,Currency,"US Dollar Softens on Cautious Fed StanceUnited States CurrencyThe US dollar edged 0.1% lower on Monday, with the DXY index testing the 93.5 support level, after Fed chair Jerome Powell confirmed last week the Federal Reserve is ready to start tapering, but said it is not yet time to raise interest rates. His remarks bolstered speculations that other central banks may hike rates sooner than the Fed, easing long bets on the greenback. Markets however noted that Powell acknowledged inflation risk due to worsening supply-side constraints, which may push yields higher and support the dollar. Meanwhile, traders await US GDP and core PCE data due later this week.2021-10-25T04:44:00"
US Futures Edge Lower Ahead of Big Tech Earnings,Stock Market,"US Futures Edge Lower Ahead of Big Tech EarningsUnited States Stock MarketUS stock futures edged lower on Monday, with the Dow Jones, S&P 500 and Nasdaq 100 futures all shedding about 0.3%, after the Dow Jones Industrial Average closed at a record high last week on strong earnings reports and as investors await third quarter results from big tech companies. Of the 117 S&P 500 companies that have reported so far, 84% beat market forecasts, according to Refinitiv. The upbeat Q3 results and strong market performance have so far thumped concerns over supply chain issues, inflation and corporate margins. Companies slated to report earnings this week include big techs Alphabet, Amazon, Apple, Facebook and Microsoft, as well as Dow components Boeing, Caterpillar, Coca-Cola and McDonald’s.2021-10-25T00:17:00"
US Treasury Yields Decline from 5-Month High,Government Bond 10Y,"US Treasury Yields Decline from 5-Month HighUnited States Government Bond 10YThe yield on the key US 10-year Treasury note tumbled to 1.64% on Friday, from a 5-month high of near 1.7% after Fed Chair Powell warned during a virtual conference that supply constraints and elevated inflation are likely to last longer than previously expected and well into next year. Powell indicated the Federal Reserve is ready to begin tapering but it is premature to raise rates. On the data front, recent PMI figures showed the service sector growth accelerated to the strongest since July while manufacturing output increased the least in 15 months.2021-10-22T16:04:43.09"
US Dollar Trims Early Losses after Powell Speech,Currency,"US Dollar Trims Early Losses after Powell SpeechUnited States CurrencyThe US dollar index trimmed early losses and hovered around 93.7 on Friday, as traders digested remarks from Federal Reserve Chair Jerome Powell indicating the central bank is ready to begin tapering. Powell warned that the central bank’s cautious approach wasn’t designed for the current framework, adding that upside risks on the supply chain, inflation, and wages are likely to last longer than previously anticipated and well into 2022. Still, the greenback is close to its lowest in nearly four weeks and is on track to finish the week 0.3% lower.2021-10-22T15:41:58.033"
US Service Sector Grows at Quicker than Expected Pace,Services PMI,"US Service Sector Grows at Quicker than Expected PaceUnited States Services PMIThe IHS Markit US Services PMI climbed to 58.2 in October 2021, from 54.9 in the previous month and comfortably above market expectations of 55.1, a preliminary estimate showed. The latest reading signaled the most marked expansion in services activity for three months, helped by the quickest rise in new business since July amid stronger demand conditions. At the same time, capacity pressures intensified amid reports that firms were struggling to cope with growing sales due to labor issues and supplier delays. Still, the pace of job creation accelerated to the fastest since June. On the price front, input cost inflation was the second-highest on record and the average charge inflation hit an all-time high.2021-10-22T13:51:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 45522021-10-22T13:35:07.453
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 increased to an all-time high of 356702021-10-22T13:32:33.56
Roper Industries earnings at 3.91 USD,Earnings,"Roper Industries earnings at 3.91 USDUnited States EarningsRoper Industries (ROP) released earnings per share at 3.91 USD, compared to market expectations of 3.83 USD.2021-10-22T11:29:44.067"
American Express earnings at 2.27 USD,Earnings,"American Express earnings at 2.27 USDUnited States EarningsAmerican Express (AXP) released earnings per share at 2.27 USD, compared to market expectations of 1.77 USD.2021-10-22T11:29:30.707"
Honeywell International earnings at 2.02 USD,Earnings,"Honeywell International earnings at 2.02 USDUnited States EarningsHoneywell International (HON) released earnings per share at 2.02 USD, compared to market expectations of 1.99 USD.2021-10-22T10:58:32.937"
"DXY Drifts Lower, Set for 2nd Weekly Loss",Currency,"DXY Drifts Lower, Set for 2nd Weekly LossUnited States CurrencyThe US dollar index drifted lower on Friday, trading below 93.7 and is on track for its second weekly loss. The greenback has been in a downtrend for the past two weeks on mounting expectations of faster monetary policy tightening in other countries and as rallying equity and commodity markets sapped demand for safe-haven assets.. Meanwhile, US benchmark 10-year yields remained close to a 5-month high of 1.7%.2021-10-22T06:34:00"
Intel earnings at 1.71 USD,Earnings,"Intel earnings at 1.71 USDUnited States EarningsIntel (INTC) released earnings per share at 1.71 USD, compared to market expectations of 1.11 USD.2021-10-21T20:18:56.587"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 45462021-10-21T19:23:40.44
US Dollar Strengthens on Thursday,Currency,"US Dollar Strengthens on ThursdayUnited States CurrencyThe dollar index was slightly higher to around 93.6 on Thursday, rebounding from two negative sessions, amid a slight increase in risk-off sentiment, as concerns about the inflationary impact of higher commodity prices mount. At the same time, Evergrande jitters return as the company is likely to fall in formal default on Friday after the grace period on its dollar bonds expire2021-10-21T12:58:18.817"
Philadelphia Manufacturing Rises at Slower Pace,Philadelphia Fed Manufacturing Index,"Philadelphia Manufacturing Rises at Slower PaceUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US fell to 23.8 in October of 2021 from 30.7 in September, pointing to a continuing expansion in manufacturing activity although slower than in the previous month. Both price indexes remained elevated and continue to suggest widespread increases in prices. The prices paid gauge was 70.3 vs 67.3 in September and prices received were 51.1 vs 52.9. Also, the new orders index improved (30.8 vs 15.9) while the shipments index held steady (30). Future indexes suggest that firms remained generally optimistic about growth over the next six months (24.2 vs 20). 2021-10-21T12:42:00"
Union Pacific earnings at 2.57 USD,Earnings,"Union Pacific earnings at 2.57 USDUnited States EarningsUnion Pacific (UNP) released earnings per share at 2.57 USD, compared to market expectations of 2.49 USD.2021-10-21T12:07:19.217"
Marsh & McLennan Companies earnings at 1.08 USD,Earnings,"Marsh & McLennan Companies earnings at 1.08 USDUnited States EarningsMarsh & McLennan Companies (MMC) released earnings per share at 1.08 USD, compared to market expectations of 1.00 USD.2021-10-21T11:37:32.827"
Blackstone earnings at 1.28 USD,Earnings,"Blackstone earnings at 1.28 USDUnited States EarningsBlackstone (BX) released earnings per share at 1.28 USD, compared to market expectations of 0.89 USD.2021-10-21T11:34:31.98"
AT&T earnings at 0.87 USD,Earnings,"AT&T earnings at 0.87 USDUnited States EarningsAT&T (T) released earnings per share at 0.87 USD, compared to market expectations of 0.78 USD.2021-10-21T11:30:36.54"
Danaher earnings at 2.39 USD,Earnings,"Danaher earnings at 2.39 USDUnited States EarningsDanaher (DHR) released earnings per share at 2.39 USD, compared to market expectations of 2.14 USD.2021-10-21T11:29:34.563"
DXY Slips on 3rd Day of Losses,Currency,"DXY Slips on 3rd Day of LossesUnited States CurrencyThe US dollar index fell another 0.1% to around 93.5 on Thursday as expectations mount of faster monetary policy tightening in other countries and as rallying equity and commodity markets sapped demand for safe-haven assets. Inflationary pressures are raising expectations that UK, the Euro Area, Australia and New Zealand may hike rates quicker than the Federal Reserve as US economic recovery is slowing down. The US dollar particularly fared worse against the British pound and the New Zealand dollar on firming perceptions that their respective central banks will hike rates as soon as November. However, US treasuries held the greenback from further losses as the benchmark 10 year yield grinded higher to above 1.66% on Thursday.2021-10-21T03:28:00"
Las Vegas Sands earnings at -0.45 USD,Earnings,"Las Vegas Sands earnings at -0.45 USDUnited States EarningsLas Vegas Sands (LVS) released earnings per share at -0.45 USD, compared to market expectations of -0.18 USD.2021-10-20T20:26:42.497"
Crown Castle International earnings at 0.81 USD,Earnings,"Crown Castle International earnings at 0.81 USDUnited States EarningsCrown Castle International (CCI) released earnings per share at 0.81 USD, compared to market expectations of 0.77 USD.2021-10-20T20:26:17.207"
CSX earnings at 0.43 USD,Earnings,"CSX earnings at 0.43 USDUnited States EarningsCSX (CSX) released earnings per share at 0.43 USD, compared to market expectations of 0.38 USD.2021-10-20T20:26:10.883"
Lam Research earnings at 8.36 USD,Earnings,"Lam Research earnings at 8.36 USDUnited States EarningsLam Research (LRCX) released earnings per share at 8.36 USD, compared to market expectations of 8.23 USD.2021-10-20T20:26:04.56"
IBM earnings at 2.52 USD,Earnings,"IBM earnings at 2.52 USDUnited States EarningsIBM (IBM) released earnings per share at 2.52 USD, compared to market expectations of 2.53 USD.2021-10-20T20:25:54.26"
Tesla earnings at 1.86 USD,Earnings,"Tesla earnings at 1.86 USDUnited States EarningsTesla (TSLA) released earnings per share at 1.86 USD, compared to market expectations of 1.61 USD.2021-10-20T20:19:35.7"
DXY Falls for 2nd Session,Currency,"DXY Falls for 2nd SessionUnited States CurrencyThe US dollar fell to below 93.6 on Wednesday as expectations mount of faster monetary policy tightening in other countries and as equity markets extended the rally sapping demand for safe-haven assets. The bets are rising that UK, Euro Area, Australia and New Zealand may hike rates quicker than the Federal Reserve as US economic recovery is slowing down. On Tuesday data showed that US housing starts unexpectedly fell in September and permits dropped to a one-year low amid shortages of raw materials and labor.2021-10-20T17:42:15.72"
US Crude Stocks Fall for 1st Time in 4 Weeks,Crude Oil Stocks Change,"US Crude Stocks Fall for 1st Time in 4 WeeksUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 0.431 million barrels in the week ending October 15th, the first decline in four weeks and compared with market forecasts of a 1.857 million increase, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories were down by 5.368 million barrels, more than an expected 1.267 million drop.2021-10-20T14:38:44.193"
NextEra Energy earnings at 0.75 USD,Earnings,"NextEra Energy earnings at 0.75 USDUnited States EarningsNextEra Energy (NEE) released earnings per share at 0.75 USD, compared to market expectations of 0.73 USD.2021-10-20T12:22:56.467"
Abbott earnings at 1.40 USD,Earnings,"Abbott earnings at 1.40 USDUnited States EarningsAbbott (ABT) released earnings per share at 1.40 USD, compared to market expectations of 0.94 USD.2021-10-20T12:22:50.143"
Verizon earnings at 1.41 USD,Earnings,"Verizon earnings at 1.41 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.41 USD, compared to market expectations of 1.36 USD.2021-10-20T12:12:10"
Biogen earnings at 4.77 USD,Earnings,"Biogen earnings at 4.77 USDUnited States EarningsBiogen (BIIB) released earnings per share at 4.77 USD, compared to market expectations of 4.12 USD.2021-10-20T11:19:29.03"
Anthem earnings at 6.79 USD,Earnings,"Anthem earnings at 6.79 USDUnited States EarningsAnthem (ANTM) released earnings per share at 6.79 USD, compared to market expectations of 6.39 USD.2021-10-20T10:19:01.223"
Treasury Yields Top Fresh 5-Month High,Government Bond 10Y,"Treasury Yields Top Fresh 5-Month HighUnited States Government Bond 10YThe yield on the key US 10-year Treasury note was at 1.68%, a fresh 5-month high, as investors continue to bet on the American economic recovery amid strong corporate results, although inflationary pressures persist due to soaring energy prices. Traders already priced in the Fed will start tapering next month.2021-10-20T08:08:00"
US Dollar Steady After Recent Weakness,Currency,"US Dollar Steady After Recent WeaknessUnited States CurrencyThe US dollar held steady around 93.8 on Wednesday, after dipping as low as 93.504 in the previous session amid relative weakness against other currencies including the Euro, British Pound, Australian and New Zealand dollars and the Chinese Yuan as expectations mount of faster monetary policy tightening in other countries. However, US treasuries held the greenback from further losses as the benchmark 10 year yield grinded higher to above 1.6%.2021-10-20T03:09:00"
Intuitive Surgical earnings at 1.19 USD,Earnings,"Intuitive Surgical earnings at 1.19 USDUnited States EarningsIntuitive Surgical (ISRG) released earnings per share at 1.19 USD, compared to market expectations of 1.17 USD.2021-10-19T21:02:25.213"
Netflix earnings at 3.19 USD,Earnings,"Netflix earnings at 3.19 USDUnited States EarningsNetflix (NFLX) released earnings per share at 3.19 USD, compared to market expectations of 2.57 USD.2021-10-19T20:01:47.027"
US 10Y Bond Yield Hits 5-Month High,Government Bond 10Y,"US 10Y Bond Yield Hits 5-Month Highunited states Government Bond 10YThe yield on the benchmark 10-year Treasury note rose above 1.63% on Tuesday, its highest level since May 21st, as investors continue to anticipate that the Fed would start tapering next month amid rising inflationary pressures and soaring energy prices and despite weaker-than-expected industry and housing data released this week. Strong corporate results so far have also helped to lift investors' mood.2021-10-19T15:41:00"
NASDAQ 100 Hits 4-week High,Stock Market,NASDAQ 100 Hits 4-week HighUnited States Stock MarketUSNDX increased to a 4-week high of 153572021-10-19T13:39:51.503
S&P 500 Hits 5-week High,Stock Market,S&P 500 Hits 5-week HighUnited States Stock MarketUS500 increased to a 5-week high of 45042021-10-19T13:30:09.377
Philip Morris International earnings at 1.58 USD,Earnings,"Philip Morris International earnings at 1.58 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.58 USD, compared to market expectations of 1.56 USD.2021-10-19T12:55:14.52"
US Building Permits Fall to 1-Year Low,Building Permits,"US Building Permits Fall to 1-Year LowUnited States Building PermitsBuilding permits in the United States dropped 7.7 percent from a month earlier to a seasonally adjusted annual rate of 1.589 million in September 2021, the lowest level in a year and well below market expectations of 1.68 million. Builders have been reporting supply chain disruptions and labor shortages, while mortgage rates have been rising due to high inflation, which could also hurt demand for new homes. The volatile multi-segment tumbled 18.3 percent to a rate of 548 thousand and single-family authorizations declined 0.9 percent to a rate of 1.041 million. Permits were down in the South (-6.0 percent to 853 thousand), West (-10.9 percent to 394 thousand), and Northeast (-20.0 percent to 124 thousand). Permits in the Midwest, however, were 0.5 percent higher at 218 thousand.2021-10-19T12:35:00"
Procter & Gamble earnings at 1.61 USD,Earnings,"Procter & Gamble earnings at 1.61 USDUnited States EarningsProcter & Gamble (PG) released earnings per share at 1.61 USD, compared to market expectations of 1.59 USD.2021-10-19T11:10:03.73"
Johnson & Johnson earnings at 2.6 USD,Earnings,"Johnson & Johnson earnings at 2.6 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.6 USD, compared to market expectations of 2.36 USD.2021-10-19T10:31:58.557"
US Treasury Yields Remain Elevated,Government Bond 10Y,"US Treasury Yields Remain ElevatedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was at 1.6% on Tuesday, remaining slightly below 1.63% hit in the previous session but still close to the highest level since June. Investors continue to anticipate that the Fed would start tapering next month amid rising inflationary pressures and soaring energy prices but still bet the American economy is in better shape to recover from the coronavirus hit. Strong corporate results so far also helped to lift investors' mood. The Treasury will make several auctions this week, including $24 billion of 20-year bonds, $19 billion of 5-year TIPS and $60 billion of 40-day bills.2021-10-19T08:28:00"
Dollar Weakens Amid Global Rate Hike Expectations,Currency,"Dollar Weakens Amid Global Rate Hike ExpectationsUnited States CurrencyThe U.S. dollar weakened 0.2% against a basket of currencies on Tuesday, testing recent support of around 93.70, weighted by disappointing US manufacturing production and expectations of faster tightening of monetary policy in other countries. Manufacturing output in the US decreased 0.7 percent compared to the previous month, as the production of motor vehicles and parts slumped 7.2 percent due to shortages of semiconductors. Meanwhile, Bank of England Governor Andrew Bailey signaled an early rate hike saying on Sunday that the central bank “have to act” to curb rising inflation risks. Elsewhere, inflationary conditions in New Zealand stoked bets of further rate hikes. 2021-10-19T03:13:00"
US Capital Flows Rise for 10th Month,Capital Flows,"US Capital Flows Rise for 10th MonthUnited States Capital FlowsThe United States recorded a capital and financial account surplus of USD 91 billion in August of 2021, the 10th straight month of increases, following an upwardly revised USD 164.1 billion in the previous month. Foreign investors bought USD 30.7 billion in Treasuries in August, compared with an inflow of USD 10.2 billion in July. Meanwhile, foreigners bought USD 79.3 billion of long-term US securities, after purchasing USD 2 billion in the previous month.


2021-10-18T20:05:00"
"US Treasury Yields Continue to Rise, Top 1.6%",Government Bond 10Y,"US Treasury Yields Continue to Rise, Top 1.6%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note extended gains to 1.61% on Monday, back to levels not seen since early June, after fresh economic data for the American economy including retail sales and initial claims pointed to an ongoing economic recovery despite persistent price pressures, soaring energy prices and bets the Fed will start tapering next month. The Treasury will make several auctions this week, including $24 billion of 20-year bonds, $19 billion of 5-year TIPS and $60 billion of 40-day bills. 2021-10-18T08:33:00"
"Bitcoin Tops 62,000 Ahead ETF Approval",Currency,"Bitcoin Tops 62,000 Ahead ETF ApprovalUnited States CurrencyBitcoin traded higher around $62,000 on Monday, the highest since April 15th and within striking distance from a record high of near $65,000 hit 6 months ago on expectations the first US Bitcoin Futures exchange-traded fund (ETF) may debut as soon as on Monday. Asset manager ProShares filed an updated prospectus late Friday with the Securities and Exchange Commission for the Bitcoin Strategy ETF (ticker BITO). The filling indicated October 18th as the approximate date for the proposed launch of the fund, which will trade on the NYSA Arca Exchange. Volatility across the crypto market sparked earlier in the year after China banned cryptocurrency transactions and turbulence around El Salvador’s troubled rollout of the digital coin as legal tender. 2021-10-18T08:21:00"
Dollar Edges Up to Start the Week,Currency,"Dollar Edges Up to Start the WeekUnited States CurrencyThe dollar index was higher around 94 on Monday, in line with a rise in Treasury yields and not far from 13-month high levels, amid a general risk-off mood and as investors bet the American economy is in better shape to fully recover from the coronavirus pandemic despite inflationary pressures and an early Fed tapering. Fresh data showed the Chinese economy slowed more than expected in Q3 while oil prices continued to soar to multi-year highs. Traders this week will turn their attention to corporate results as the earnings season continues and flash Markit PMIs.2021-10-18T07:40:00"
PNC earnings at 3.30 USD,Earnings,"PNC earnings at 3.30 USDUnited States EarningsPNC (PNC) released earnings per share at 3.30 USD, compared to market expectations of 3.38 USD.2021-10-16T04:26:41.66"
ProLogis earnings at 0.97 USD,Earnings,"ProLogis earnings at 0.97 USDUnited States EarningsProLogis (PLD) released earnings per share at 0.97 USD, compared to market expectations of 0.47 USD.2021-10-16T04:26:35.323"
Charles Schwab earnings at 0.84 USD,Earnings,"Charles Schwab earnings at 0.84 USDUnited States EarningsCharles Schwab (SCHW) released earnings per share at 0.84 USD, compared to market expectations of 0.80 USD.2021-10-16T04:26:11.347"
US Business Inventories in line with Forecasts,Business Inventories,"US Business Inventories in line with ForecastsUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 0.6 percent from a month earlier in August of 2021, following an upwardly revised 0.6 percent gain in July and in line with market expectations. Stocks were up at wholesalers (1.2 percent vs 0.6 percent in July), manufacturers (0.6 percent vs 0.6 percent and retailers (0.1 percent vs 0.4 percent). Year-on-year, business inventories jumped 7.4 percent.2021-10-15T14:03:00"
S&P 500 Hits 4-week High,Stock Market,S&P 500 Hits 4-week HighUnited States Stock MarketUS500 increased to a 4-week high of 44662021-10-15T14:02:10.847
Goldman Sachs earnings at 14.93 USD,Earnings,"Goldman Sachs earnings at 14.93 USDUnited States EarningsGoldman Sachs (GS) released earnings per share at 14.93 USD, compared to market expectations of 10.11 USD.2021-10-15T13:23:26.337"
US 10Y Bond Yield Rises on Upbeat Retail Trade Data,Government Bond 10Y,"US 10Y Bond Yield Rises on Upbeat Retail Trade DataUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note rose to 1.56% on Friday, after economic data showed US retail trade rose 0.7% in September, easily beating market forecasts of a 0.2% decline, pointing to strong consumer spending despite rising inflation. Other releases published earlier this week showed a sharp increase in consumer prices and steady rises in both producer and foreign trade costs, while new jobless claims dropped below 300 thousand for the first time since March 2020. Still, the yield remained slightly below a recent four-month high of 1.596%, as a rally in energy prices threatens the global economic recovery.2021-10-15T12:52:00"
US Export Price Inflation Misses Expectations,Export Prices MoM,"US Export Price Inflation Misses ExpectationsUnited States Export Prices MoMPrices for US exports edged up 0.1 percent over a month earlier in September of 2021, slowing from a 0.4 percent increase in August and missing market expectations of a 0.6 percent rise. It was the 16th straight monthly rise in export prices, although at the softest pace in the current sequence. Nonagricultural export charges went up 0.3 percent from a month earlier, as increases in industrial supplies and materials, and nonagricultural foods more than offset lower prices of consumer goods. Additionally, the cost of agricultural products fell 1.7 percent, following a downwardly revised 0.9 percent gain in August, pointing to the largest decrease since August of 2020. Soybeans and corn prices fell sharply, more than offsetting higher costs of cotton, wheat, fruit and vegetables. Year-on-year, export prices hiked 16.3 percent, following a 16.8 percent jump in August.2021-10-15T12:38:59.1"
US Import Prices Rebound in September,Import Prices MoM,"US Import Prices Rebound in SeptemberUnited States Import Prices MoMThe price index for US imports increased 0.4 percent in September 2021, rebounding from a 0.3 percent decline in August and compared with market expectations of a 0.6 percent rise. Import fuel cost advanced 3.7 percent, after decreasing 3.0 percent the previous month, mostly driven by higher petroleum and natural gas prices. Meanwhile, prices for nonfuel imports were unchanged, after edging down 0.1 percent in August, as a drop in cost for nonfuel industrial supplies and materials offset gains in prices for foods, feeds, and beverages; consumer goods; and automotive vehicles. On a yearly basis, import prices advanced 9.2 percent in September.2021-10-15T12:38:00"
NY Factory Growth Slows More than Expected,NY Empire State Manufacturing Index,"NY Factory Growth Slows More than ExpectedUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index fell fifteen points to 19.8 in October of 2021 from 34.3 in September and well below market forecasts of 27, pointing to a slower factory growth in the NY state but solid overall. New orders and shipments increased, though by less than they did last month. At the same time, labor market indicators pointed to ongoing growth in employment and the average workweek. Meanwhile, the delivery times index inched up to a record high and both the prices paid and prices received indexes held near record highs. Looking ahead, firms were still very optimistic that conditions would improve over the next six months.2021-10-15T12:34:00"
US 10-Year Treasury Yield Rises Slightly,Government Bond 10Y,"US 10-Year Treasury Yield Rises Slightly United States Government Bond 10YThe yield on the benchmark US 10-year Treasury note edged higher to 1.54% on Friday, but remained below a near 4-month high of 1.596% early in the week, as investors digest recent economic data and FOMC minutes while energy prices continue to soar, threatening the economic recovery. Consumer inflation came above forecasts while producer prices rose less than anticipated and initial jobless claims were lower than expectations. Meanwhile, the Federal Reserve meeting minutes showed the process of tapering could start in mid-November, as expected.2021-10-15T08:56:20.227"
Dollar on Track for 1st Weekly Drop Since September,Currency,"Dollar on Track for 1st Weekly Drop Since SeptemberUnited States CurrencyThe dollar index was little changed at 94.0 on Friday, heading for a 0.1% drop for the week which was the first weekly decline since the start of last month. The greenback has rallied since early September on expectations the US Federal Reserve would tighten monetary policy more quickly than previously anticipated amid an improving economy and surging energy prices. Minutes of the Fed’s September meeting confirmed this week that a tapering of stimulus is all but certain to start this year. Traders now await the release of US retail sales figures later in the day.2021-10-15T01:57:00"
US Crude Inventories Rise the Most in Over 7 Months,Crude Oil Stocks Change,"US Crude Inventories Rise the Most in Over 7 MonthsUnited States Crude Oil Stocks ChangeUS crude oil inventories jumped by 6.088 million barrels in the week ending October 8th, well above market forecasts of a 0.702 million rise, data from the EIA Petroleum Status Report showed. It was the third straight weekly gain and the biggest build since the week ended March 5th. Meanwhile, gasoline inventories were down 1.958 million barrels, compared with market expectations of a 0.083 million fall.2021-10-14T15:06:00"
Progressive earnings at 0.13 USD,Earnings,"Progressive earnings at 0.13 USDUnited States EarningsProgressive (PGR) released earnings per share at 0.13 USD, compared to market expectations of 0.22 USD.2021-10-14T14:21:48.407"
Walgreens Boots Alliance earnings at 1.17 USD,Earnings,"Walgreens Boots Alliance earnings at 1.17 USDUnited States EarningsWalgreens Boots Alliance (WBA) released earnings per share at 1.17 USD, compared to market expectations of 1.02 USD.2021-10-14T12:21:37.267"
US Bancorp earnings at 1.30 USD,Earnings,"US Bancorp earnings at 1.30 USDUnited States EarningsUS Bancorp (USB) released earnings per share at 1.30 USD, compared to market expectations of 1.15 USD.2021-10-14T12:21:30.947"
Citigroup earnings at 2.15 USD,Earnings,"Citigroup earnings at 2.15 USDUnited States EarningsCitigroup (C) released earnings per share at 2.15 USD, compared to market expectations of 1.74 USD.2021-10-14T12:21:24.99"
Morgan Stanley earnings at 1.98 USD,Earnings,"Morgan Stanley earnings at 1.98 USDUnited States EarningsMorgan Stanley (MS) released earnings per share at 1.98 USD, compared to market expectations of 1.69 USD.2021-10-14T11:34:03.017"
Wells Fargo earnings at 1.17 USD,Earnings,"Wells Fargo earnings at 1.17 USDUnited States EarningsWells Fargo (WFC) released earnings per share at 1.17 USD, compared to market expectations of 1.00 USD.2021-10-14T10:59:32.487"
Bank Of America earnings at 0.85 USD,Earnings,"Bank Of America earnings at 0.85 USDUnited States EarningsBank Of America (BAC) released earnings per share at 0.85 USD, compared to market expectations of 0.71 USD.2021-10-14T10:54:01.973"
UnitedHealth earnings at 4.52 USD,Earnings,"UnitedHealth earnings at 4.52 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 4.52 USD, compared to market expectations of 4.41 USD.2021-10-14T10:16:00.417"
US Treasury Yields Below Recent Highs,Government Bond 10Y,"US Treasury Yields Below Recent HighsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was around 1.52% on Thursday, after rising to a near 4-month high of 1.596% the day before as investors digest higher than expected CPI data and the FOMC minutes. Inflation rate in the US came above forecasts in September, pointing to continuing upward price pressures on the economy and raising further concerns that a spike in commodity prices would weigh on growth and push inflation even higher. Meanwhile, the Federal Reserve meeting minutes showed the process of tapering could start in mid-November, as expected.2021-10-14T08:23:00"
Dollar Softens,Currency,"Dollar SoftensUnited States CurrencyThe dollar index retreated to below 94 on Thursday after briefly touching a 13-month high of 94.5 the day before, as investors digest recent inflation figures and FOMC minutes. Fresh CPI data showed inflationary pressures remained high in September, raising concerns that inflation will stay at multi-year highs for longer than expected. At the same time, FOMC minutes showed the Fed is close to starting tapering, possibly in mid-November. 2021-10-14T03:45:00"
US 10Y Bond Yield Drops,Government Bond 10Y,"US 10Y Bond Yield DropsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note fell to 1.54% on Wednesday, after rising to as high as 1.596% earlier in the session as investors digest higher than expected CPI data and the FOMC minutes. The US consumer price inflation rate edged up to 5.4% in September, matching a recent 13-year peak seen in June and July and slightly beating market expectations of 5.3%. Investors have been worrying that a spike in commodity prices would weigh on growth and push inflation even higher although a rally in oil paused. Meanwhile, the Federal Reserve meeting minutes showed the process of tapering could start in mid-November, as expected.2021-10-13T18:23:00"
Dollar Retreats from 13-Month High on Rising Inflation,Currency,"Dollar Retreats from 13-Month High on Rising InflationUnited States CurrencyThe dollar index retreated to 94.1 on Wednesday after briefly touching a 13-month high of 94.5 early in the session, as investors digest recent inflation figures and FOMC minutes. Fresh CPI data showed inflationary pressures remained high in September, raising concerns that the inflation will stay at multi-year highs for longer than expected. At the same time, FOMC minutes showed the Fed is close to start tapering, possibly in mid-November.2021-10-13T18:18:17.503"
US 10Y Bond Yield Falls after CPI Data,Government Bond 10Y,"US 10Y Bond Yield Falls after CPI DataUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note fell to 1.54% on Wednesday, after rising to as high as 1.596% earlier in the session as investors digest higher than expected CPI data ahead of the FOMC minutes. The US consumer price inflation rate edged up to 5.4% in September, matching a recent 13-year peak seen in June and July and slightly beating market expectations of 5.3%. Investors have been worrying that a spike in commodity prices would weigh on growth and push inflation even higher although a rally in oil paused. 2021-10-13T17:04:00"
Dollar Weakens Ahead FOMC,Currency,"Dollar Weakens Ahead FOMC United States CurrencyThe dollar index weakened more than 0.3% to below 94.2 on Wednesday, after breaking above 94.5 on Tuesday for the first time since September 2020, as investors remain cautious ahead of the FOMC meeting minutes later in the day. Meanwhile, the latest CPI figures showed inflationary pressures remained high in September, raising the odds the Fed will have to tight faster than expected. 2021-10-13T15:37:00"
Dollar Back to 13-Month High,Currency,"Dollar Back to 13-Month HighUnited States CurrencyThe dollar index cut some early losses to trade around 94.5 on Wednesday, back to levels not seen since September of 2020, after fresh CPI figures showed inflationary pressures remained high in September, raising the odds the Fed will have to tight faster than expected. FOMC meeting minutes due later in the day should provide more clarity on what the central bank next steps will be..2021-10-13T12:48:54.747"
US 10Y Bond Yield Rises After CPI Beats Forecast,Government Bond 10Y,"US 10Y Bond Yield Rises After CPI Beats ForecastUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note rose above 1.59% on Wednesday, after US CPI data came in slightly above market expectations and as traders still wait for the FOMC minutes due later in the day for more clarity on the Fed's next policy steps. Investors have been worrying that a spike in commodity prices would weight on growth and push inflation even higher although a rally in oil paused.2021-10-13T12:42:00"
JPMorgan Chase earnings at 3.74 USD,Earnings,"JPMorgan Chase earnings at 3.74 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 3.74 USD, compared to market expectations of 3.00 USD.2021-10-13T11:04:30.653"
BlackRock earnings at 10.95 USD,Earnings,"BlackRock earnings at 10.95 USDUnited States EarningsBlackRock (BLK) released earnings per share at 10.95 USD, compared to market expectations of 9.60 USD.2021-10-13T10:18:56.647"
"Treasury Yields Retreat ahead of Inflation, FOMC Minutes",Government Bond 10Y,"Treasury Yields Retreat ahead of Inflation, FOMC MinutesUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note retreated to 1.56% on Wednesday, below 4-month highs of 1.61% early in the week, as traders await the US CPI data release and FOMC minutes later in the day for more clarity on what the Fed's next steps will be. Investors have been worrying that a spike in commodity prices would weight on growth and push inflation even higher although a rally in oil paused2021-10-13T10:04:45.657"
US Inflation Rate Seen Steady at 5.3%,Inflation Rate,"US Inflation Rate Seen Steady at 5.3%United States Inflation RateUS CPI figures likely showed inflationary pressures on the economy remain elevated in September as supply-chain bottlenecks have not improved and energy prices soared, raising further concerns that high inflation will last longer than expected. Consumer prices likely increased 5.3% yoy in September, the same as in August and the monthly rate is also seen steady at 0.3%. Core inflation however, is expected to edge up to 0.2% from 0.1% while the annual rate likely stayed at 4%. Traders will keep a close eye on CPI figures for further clues on when the Fed will start tapering. Markets already priced in that a cut in stimulus will be announced next month but higher-than-expected CPI figures could pressure the Fed to tight faster.2021-10-13T09:26:00"
Dollar Holds Near 1-Year High,Currency,"Dollar Holds Near 1-Year HighUnited States CurrencyThe dollar index was at 94.4 on Wednesday after breaking above 94.5 on Tuesday for the first time since September 2020, with traders continuing to bet the Fed will announce tapering to begin next month as the economic recovery continues although at a slower pace while inflationary pressures remain on the upside. The September Survey of Consumer Expectations showed that median inflation expectations over the next 12 months jumped to a fresh record high of 5.3%, from 5.2% in August; and three-year-ahead inflation expectations also increased, to 4.2% from 4%. A bond sell-off has also been pushing the greenback higher, with the most pronounced buying activity being against the yen, with the dollar climbing to a three-year high against the Japanese currency. FOMC meeting minutes and the US CPI data due later in the day will be keenly watched for any more clues on the Fed's next steps.
2021-10-13T02:15:22.693"
Dollar Hits 1-Year High,Currency,"Dollar Hits 1-Year HighUnited States CurrencyThe dollar index broke above 94.5 on Tuesday for the first time since September 2020 as investors continue to bet the Fed will announce tapering to begin next month as the economic recovery continues although at a slower pace while inflationary pressures remain on the upside. The September Survey of Consumer Expectations showed that median inflation expectations over the next 12 months jumped to a fresh record high of 5.3%, from 5.2% in August; and three-year-ahead inflation expectations also increased, to 4.2% from 4%. A bond sell-off has also been pushing the greenback higher, with the most pronounced buying activity being against the yen, with the dollar climbing to a three-year high against the Japanese currency. FOMC meeting minutes and the US CPI data due Wednesday will be keenly watched for any more clues on the Fed's next steps.2021-10-12T17:52:00"
Dollar at Fresh 1-Year High,Currency,"Dollar at Fresh 1-Year HighUnited States CurrencyThe dollar index edged higher for a second consecutive session to 94.4 on Tuesday, the highest since July of 2020, as investors continue to bet the Fed will announce tapering to begin next month as the economic recovery continues although at a slower pace while inflationary pressures remain on the upside. FOMC meeting minutes and the US CPI data due Wednesday will be keenly watched for any more clues on the Fed's next steps.2021-10-12T13:18:21.383"
US Small Business Optimism at 6-Month Low,NFIB Business Optimism Index,"US Small Business Optimism at 6-Month LowUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index in the United States fell to 99.1 points in September from 100.1 points in August, the lowest in six months. More than 50% of small businesses said they couldn’t fill open positions last month and the number of companies offering higher pay was also at a 48-year high. ""Small-business owners are doing their best to meet the needs of customers, but are unable to hire workers or receive the needed supplies and inventories. The outlook for economic policy is not encouraging to owners, as lawmakers shift to talks about tax increases and additional regulations”, NFIB chief economist Bill Dunkelberg said.
2021-10-12T10:13:00"
US Treasury Yields Remain at 4-Month High,Government Bond 10Y,"US Treasury Yields Remain at 4-Month HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was around 1.61% on Tuesday, the highest in 4 months, amid mounting concerns that a spike in commodity prices would weight on growth and push inflation even higher. At the same time, traders await the FOMC minutes release and US CPI data due tomorrow for further clues on the Fed's next steps although markets already priced in tapering to start next month and interest rates rising from end-2022.2021-10-12T09:08:35.833"
Dollar Firms ahead of FOMC Minutes,Currency,"Dollar Firms ahead of FOMC MinutesUnited States CurrencyThe dollar index stood at 94.3 on Tuesday, remaining around levels not seen since September of 2020, amid expectations that the US Federal Reserve will announce a tapering of its massive-bond buying in November despite softer US payrolls. Traders now await the FOMC minutes and US consumer price data later in the week. Meantime, China Evergrande Group reportedly looks set to miss its third round of bond payments in three weeks while small developers in China, namely Modern Land and Sinic Holdings were the latest scrambling to delay deadlines after mid-size developer Fantasia missed its payment since September.2021-10-12T03:06:40.63"
US Stocks Start Week Lower,Stock Market,"US Stocks Start Week LowerUnited States Stock MarketWall Street's main indexes closed at session lows on Monday, with the Dow Jones falling around 250 points, the S&P retreating 0.7% and the Nasdaq shedding 0.6%  as a rally in some commodity prices rekindled fears of persistent inflation and concerns over a global slowdown. WTI crude futures surged to a 7-year high, Chinese coal futures hit a fresh record and aluminum jumped to a new 13-year high. Also, market participants assessed a news report that China is expanding its crackdown to banks. At the same time, traders await the earnings season to kick-off with major banks set to report third-quarter results this week, while the FOMC minutes due Wednesday will be in the spotlight for any clues on the Fed's tapering timeline. Markets are anticipating some announcement next month.2021-10-11T20:14:00"
Wall Street Extends Losses in Afternoon Trading,Stock Market,"Wall Street Extends Losses in Afternoon TradingUnited States Stock MarketUS stocks extended losses heading into the close on Monday, with the Dow Jones falling more than 170 points, the S&P 500 down 0.4% and the Nasdaq 0.2% as a rally in some commodity prices rekindled fears of persistent inflation and concerns over a global slowdown. WTI crude futures surged to a 7-year high, Chinese coal futures hit a fresh record and aluminum jumped to a new 13-year high. Also, market participants assessed a news report that China is expanding its crackdown to banks. At the same time, traders await the earnings season to kick-off with major banks set to report third-quarter results this week, while the FOMC minutes due Wednesday will be in the spotlight for any clues on the Fed's tapering timeline. Markets are anticipating some announcement next month.2021-10-11T19:39:00"
US Stocks Hold Back,Stock Market,"US Stocks Hold BackUnited States Stock MarketVolatility continued to reign on Wall Street, as investors remain cautious after surging oil prices to 2014-highs prompted worries over a global slowdown and a spike in inflation. Traders also await the earnings season to kick-off with major banks set to report third-quarter results this week. Meanwhile, FOMC minutes due Wednesday will be in the spotlight for any clues on the Fed's tapering timeline. Markets are anticipating some announcement next month.2021-10-11T17:10:00"
Wall Street Rebounds Boosted by Energy Shares,Stock Market,"Wall Street Rebounds Boosted by Energy Shares United States Stock MarketUS stocks reversed early losses to trade higher on Monday, with the key 3 stock indexes adding around 0.5% each, prompted by energy shares as oil prices soar to 2014-highs. At the same time, investors try to shrug off concerns over a global slowdown and a spike in inflation. Traders also await the earnings season to kick-off with major banks set to report third quarter results this week. Meanwhile, FOMC minutes due Wednesday will be in the spotlight for any clues on the Fed's tapering timeline. Markets are anticipating some announcement next month.2021-10-11T14:16:00"
Dollar at 1-Year High,Currency,"Dollar at 1-Year HighUnited States CurrencyThe dollar index was higher at 94.3 on Monday, remaining around levels not seen since September of 2020, after a disappointing payrolls report on Friday did little to change market expectations the Fed will soon start reducing stimulus. Traders are anticipating the Fed will announce tapering to begin next month as the economic recovery continues although at a slower pace while inflationary pressures remain on the upside. FOMC meeting minutes due Wednesday will be keenly watched for any more clues on the Fed's next steps.2021-10-11T09:44:13.197"
Dollar Stays Near 1-Year High,Currency,"Dollar Stays Near 1-Year HighUnited States CurrencyThe dollar index stood at 94.07 on Monday, not far from its one-year high of 94.504 touched earlier this month, as the Federal Reserve is likely to start tapering its massive bond-buying next month and follow up with hiking rates next year. In recent data, the US economy created the fewest jobs in nine months in September, with nonfarm payrolls increasing 194,000, missing forecasts of 500,000. Still, data for August was revised up sharply while the jobless rate dropped to an 18-month low of 4.8% due to people leaving the labor force. Traders now await US consumer price data later in the week.2021-10-11T01:50:00"
10-Year Treasury Yield Climbs to Above 1.6%,Government Bond 10Y,"10-Year Treasury Yield Climbs to Above 1.6%United States Government Bond 10YThe yield on the benchmark US 10-year Treasury rose to above 1.6% on Friday, the highest in 4 months, after having fallen to as low as 1.56% earlier in the session as investors are digesting the latest labor report. The US economy added 194K jobs last month, the least this year and well below forecasts of 500K while the unemployment rate declined to 4.8% and average hourly earnings edged up. The US bond market will be closed on Monday for the Columbus Day holiday. 2021-10-08T14:40:00"
US Wholesale Inventories Unrevised in August,Wholesale Inventories,"US Wholesale Inventories Unrevised in AugustUnited States Wholesale InventoriesWholesale inventories in the US rose 1.2 percent month-over-month to $731.1 billion in August of 2021, in line with the preliminary estimate and accelerating from a 0.6 percent increase in July. It was the 13th consecutive month of gains, amid increases in both durable goods (1.2 percent vs 1.2 percent in July) and non-durable goods inventories (1.1 percent vs -0.3 percent). On a yearly basis, wholesale inventories advanced 12.3 percent in August. 2021-10-08T14:04:02.057"
US 10Y Bond Yield Cuts Gains,Government Bond 10Y,"US 10Y Bond Yield Cuts GainsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note erased some gains to hover near 1.58% on Friday, having fallen to as low as 1.56%, after the US jobs report showed the world's largest economy added fewer jobs than expected in September. Meanwhile, the unemployment rate dropped to its lowest level since the pandemic hit the labor market in March 2020. Still, treasury yields remained close to their highest level since mid-June as investors believe the Federal Reserve will start reducing its massive stimulus scheme this year.2021-10-08T12:41:00"
US Futures Cut Gains after Weak Payrolls,Stock Market,"US Futures Cut Gains after Weak PayrollsUnited States Stock MarketDow Jones and Nasdaq futures failed to hold small early gains on Friday after the payrolls report showed the US economy added 194K jobs last month, the lowest reading so far this year and well below forecasts of 500K, a sign the labour market recovery is still far from complete. At the same time, traders try to assess what the Fed's next steps will be as the odds were rising the central bank would start tapering next month. On Thursday, the Dow Jones added 338 points or 1% to 34755; the S&P 500 surged 36 points or 0.8% to 4400 and the technology-focused Nasdaq Composite jumped 152 points or 1.1% to 14654. Meanwhile, the 3 key stock indexes are on track to book gains for the first week of October.2021-10-08T12:37:00"
Dollar Rally Loses Momentum,Currency,"Dollar Rally Loses MomentumUnited States CurrencyThe dollar index could not sustain its strong momentum after a disappointing jobs report, moving away from a one-year high to bottoming around the 94 neighborhood. The US economy added only 194K jobs in September, well below market expectations of 500K, raising questions on whether the Fed will keep with its plan to start reducing stimulus as soon as November. Still, the unemployment rate fell more than expected to 4.8%, the lowest rate since March 2020.2021-10-08T12:35:00"
US Wages Growth Above Estimates,Average Hourly Earnings,"US Wages Growth Above EstimatesUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls rose by 19 cents, or 0.6% to $30.85 in September of 2021, following increases in the prior 5 months and above market estimates of 0.4%. In September, average hourly earnings of private-sector production and nonsupervisory employees rose by 14 cents to $26.15. The data for recent months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages. However, because average hourly earnings vary widely across industries, the large employment fluctuations since February 2020 complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 4.6%, in line with market forecasts, following a downwardly revised 4% rise in August.2021-10-08T12:31:00"
US Jobless Rate Seen Falling to 5.1%,Unemployment Rate,"US Jobless Rate Seen Falling to 5.1%United States Unemployment RateThe US unemployment rate likely dropped further last month to 5.1 percent, the lowest since March 2020, amid a steady recovery in the job market and as the negative effects of both Hurricane Ida and the Delta variant's summer spike start to fade. The rate would still remain well above the pre-crisis level of about 3.5 percent due to ongoing labor shortages, but is seen declining further in the coming months as companies fill widespread vacancies and as more workers go back into the labor force.2021-10-08T11:49:09.463"
US Futures Cautious Ahead of Payrolls,Stock Market,"US Futures Cautious Ahead of PayrollsUnited States Stock MarketStock futures in the US were around the flatline on Friday as traders held back from making big bets ahead of the payrolls report due early in the morning. Both ADP and jobless claims figures released this week topped forecasts and a strong job growth would raise the odds the Federal Reserve will soon start tapering. On Thursday, the Dow Jones added 338 points or 1% to 34755; the S&P 500 surged 36 points or 0.8% to 4400 and the technology-focused Nasdaq Composite jumped 152 points or 1.1% to 14654. Meanwhile, the 3 key stock indexes are on track to book gains for the first week of October. 2021-10-08T09:30:00"
Dollar Little Changed Ahead of Payrolls Data,Currency,"Dollar Little Changed Ahead of Payrolls DataUnited States CurrencyThe dollar index held steady at 94.2 on Friday, trading close to a one-year high, as the Federal Reserve is likely to begin tapering its monthly bond-buying as soon as November and follow up with hiking rates next year. In recent data, the number of Americans filing new claims for jobless benefits dropped by the most in three months last week, suggesting the labor market recovery was regaining momentum after a recent slowdown, as the wave of COVID-19 infections began to ease. Traders now await the highly anticipated payrolls report due later in the day. On the political front,  the Senate Thursday approved a bill to help Washington avoid a default on its debt in the next few weeks. The bill now moves to the House, where Speaker Nancy Pelosi is expected to take up the legislation within the coming days.2021-10-08T04:21:00"
US Socks Close Higher on Debt Limit Deal,Stock Market,"US Socks Close Higher on Debt Limit DealUnited States Stock MarketAll three main US stock indexes rose more than 1% on Thursday, extending gains from the previous session as Senate Majority Leader Chuck Schumer announced lawmakers have reached an agreement to extend the debt ceiling through early December. At the same time, energy prices fell from recent highs, easing some concerns over a global energy crisis. Traders now await the highly anticipated payrolls report due tomorrow for an update on the labour market recovery as strong job numbers would raise the odds of an early Fed tapering and interest rate hike. The claims report meanwhile, showed a bigger-than-expected drop in initial claims last week. The Dow Jones added 338 points; the S&P 500 surged 0.83% and the technology-focused Nasdaq Composite jumped 1.05%.2021-10-07T20:06:00"
US 10Y Bond Yield Hits 16-week High,Government Bond 10Y,"US 10Y Bond Yield Hits 16-week Highunited states Government Bond 10YThe yield on the benchmark US 10-year Treasury note reversed course and edged up to near 4-month highs of 1.57% on Thursday. Energy prices including oil and natural gas fell from recent highs, easing some concerns over a spike in inflation. Yields remain elevated as the odds are rising the Fed will start tapering next month as the economic recovery continues. The ADP report showed the private sector added the most jobs in 3 months. All eyes now turn to payrolls report due Friday which is expected to show the labor market recovery remains strong.2021-10-07T19:42:00"
US Consumer Credit Lower than Expected,Consumer Credit,"US Consumer Credit Lower than ExpectedUnited States Consumer CreditConsumer credit in the United States increased by USD 14.38 billion in August of 2021, following an upwardly revised USD 17.2 billion gain in the previous month, missing market expectations of a USD 17.5 billion rise. Revolving credit increased by USD 2.98 billion while non-revolving credit went up by USD 11.39 billion. 2021-10-07T19:03:34.637"
US 10-Year Treasury Yield Remains High,Government Bond 10Y,"US 10-Year Treasury Yield Remains HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note reversed course and edged up to near 4-month highs of 1.56% on Thursday. Energy prices including oil and natural gas fell from recent highs, easing some concerns over a spike in inflation. Yields remain elevated as the odds are rising the Fed will start tapering next month as the economic recovery continues. The ADP report showed the private sector added the most jobs in 3 months. All eyes now turn to payrolls report due Friday which is expected to show the labor market recovery remains strong.2021-10-07T08:02:00"
US Equities Poised for Higher Open,Stock Market,"US Equities Poised for Higher OpenUnited States Stock MarketUS stock futures rose sharply on Thursday after politicians appeared near to a temporary deal to avoid a federal debt default. News that US companies added the most jobs in three months in September also buoyed sentiment, along with reports that Washington and Beijing have agreed in principle for their presidents to hold a virtual meeting before the end of the year. Early speculation had been that the two leaders might meet in person at the G20 summit in Italy in October. The next US event in focus for traders is payrolls data due Friday, with markets expecting the labor market recovery remains strong. In business reports, Twitter Inc said Wednesday it had agreed to sell mobile as company MoPub to AppLovin Corp for $1.05 billion in cash. On Wednesday, the Dow rose 102 points or 0.3% to close at 34,417. The S&P 500 added 18 points or 0.41% to 4,364. The Nasdaq was up 68 points or 0.47% to 14,501.2021-10-07T03:33:00"
Dollar Holds Near 1-Year High,Currency,"Dollar Holds Near 1-Year HighUnited States CurrencyThe dollar index was little changed at 94.2 on Thursday, remaining close to a one-year high, amid expectations that the Federal Reserve will taper stimulus from November and start hiking rates next year. Meanwhile, the ADP report showed businesses added the most jobs in 3 months and payrolls data on Friday is expected to show the labor market recovery remains strong. On the political front, the US Senate appeared near to a temporary deal to avoid a federal debt default in the next two weeks, after Democrats said they might accept a Republican proposal to defuse the partisan standoff that threatens the broader economy.2021-10-07T02:33:21.867"
Bitcoin Extends Gains to Over 5-Month High,Currency,"Bitcoin Extends Gains to Over 5-Month HighUnited States CurrencyThe crypto bull run gained traction, with Bitcoin trading above $54,000, the highest since May 12th and not far from a record high of near $65,000. The virtual currency is up more than 30% in the past seven days, amidst stagflation fears and slowing economic recovery, after Securities and Exchange Commission Chair Gary Gensler said the US would not follow China’s lead in banning digital tokens. Volatility across the crypto market sparked earlier in the year after China banned cryptocurrency transactions and turbulence around El Salvador’s troubled rollout of the digital coin as legal tender.2021-10-06T15:08:13.74"
US Crude Stocks Unexpectedly Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly Rise for 2nd WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 2.346 million barrels in the week ending October 1st, a second straight period of increase and compared with market forecasts of a 0.418 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories were up by 3.256 million barrels, also defying expectations of a 0.279 million fall.2021-10-06T14:40:35.34"
Mortgage Applications Fall as Rates Rise: MBA,Mortgage Applications,"Mortgage Applications Fall as Rates Rise: MBAUnited States Mortgage ApplicationsMortgage applications in the US sank 6.9% in the week ending October 1st, the biggest decline since the last week of June, as interest rates continue to rise amid soaring bond yields, data from the Mortgage Bankers Association showed. Applications to refinance a home plunged 9.6% to the lowest level in three months and those to purchase a home dropped 1.7%. The average fixed 30-year mortgage rate surged to 3.14%, the highest since early-July and compared to 3.1% in the previous week. “Higher rates are reducing borrowers’ incentive to refinance, as declines were seen across all loan types. But that was still not enough to bring down the average loan balance of $410,000. With home-price appreciation and sales prices remaining very elevated, applications for higher balance, conventional loans still dominate the mix of activity”, said Joel Kan, an MBA economist.2021-10-06T11:07:00"
US 10-Year Yields Touch 4-Month High,Government Bond 10Y,"US 10-Year Yields Touch 4-Month HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note went up for a 3rd consecutive session to 1.53% on Wednesday, briefly touching 1.56% early in the session which was the highest since June 16th, as worries persist over high inflation and an early Fed tapering. The ADP report showed private businesses in the US hired the most in 3 months and payrolls data on Friday is expected to show the labor market recovery remains strong, bringing the case for an earlier tapering by the Federal Reserve. Meanwhile, the inflation rate is set to remain elevated given recent energy crises and the surge in commodity prices. 2021-10-06T08:05:00"
Wall Street Set for Weak Open,Stock Market,"Wall Street Set for Weak OpenUnited States Stock MarketUS stock futures moved lower on Wednesday after Wall Street rebounded Tuesday from a tech-led sell-off a day earlier, as traders awaited the result of a vote by the Senate on the Democratic debt ceiling measure later in the day. On the data front, the ADP private payrolls report for September is scheduled to be released later today while the nonfarm payrolls report for the month is slated for Friday. In recent data, the trade gap in the US widened to a record high of $73.3 billion in August as both exports and imports hit fresh peaks. Meantime, ISM Services PMI data in September was better than consensus while the IHS Markit US Services PMI was revised higher. In business news, Merck announced today a supply and purchase deal that will provide Singapore with access to its experimental oral COVID-19 drug. On Tuesday, the Dow Jones jumped 312 points or 0.92% to end at 34,315. The S&P 500 climbed 45 points or 1.35% to 4,346. The Nasdaq soared 178 points to 14,334. 2021-10-06T04:39:00"
Dollar Firms ahead of Payrolls Data,Currency,"Dollar Firms ahead of Payrolls DataUnited States CurrencyThe dollar index hovered around one-year highs of 94.3 on Wednesday, amid a general risk-off sentiment, and as worries over slower growth and persistently high inflation mount. At the same time, market participants look toward US jobs data for a clue on the timing of Federal Reserve policy tightening. The odds are increasing the Fed will start cutting stimulus next month. Meantime, the IMF said Tuesday that it now expects global economic growth to fall slightly below its July forecast of 6%, amid risks associated with debt, inflation, and divergent economic trends in the wake of the pandemic.2021-10-06T03:04:00"
US Treasury Yields Rise,Government Bond 10Y,"US Treasury Yields Rise United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged higher to 1.53% on Tuesday, getting closer to levels not seen since June, as worries over persistently high inflation and an early Fed tapering persist. Attention this week turns to the payrolls report due Friday which will provide an update on the labor market recovery. Traders will also follow negotiations in Washington to raise the US debt ceiling in order to avoid the first-ever default on the US debt. 2021-10-05T14:53:45.877"
US Economic Optimism Index Falls to Over 1-Year Low,Economic Optimism Index,"US Economic Optimism Index Falls to Over 1-Year LowUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the US slipped deeper into pessimistic territory, falling 1.7 points to 46.8 in October of 2021, its lowest since September of 2020. Americans have grown more pessimistic about the outlook for the U.S. economy with the lapse of unemployment benefits even as the latest Covid wave has slowed the jobs recovery. The six-month outlook for the U.S. economy held steady at a 13-month low of 41.3; and the federal policies subindex, which reflects views of how well government economic policies are working, fell 3.8 points to 45.3, the lowest since December, before the second round of stimulus checks. Also, the personal finances subindex, fell 2.1 points to 53.9, also the lowest since September 2020, weighed down by Dow Jones losses and inflation worries. 

2021-10-05T14:10:00"
US Composite PMI Lowest in a Year,Composite PMI,"US Composite PMI Lowest in a YearUnited States Composite PMIThe IHS Markit US Composite PMI was revised higher to 55 in September of 2021 from a preliminary of 54.5, still pointing to the slowest growth in private sector activity in a year, amid slower upturns in both manufacturing (60.7 vs 61.1) and services (54.9 vs 55.1). New business growth eased to the slowest in nine months. Manufacturers and service providers alike registered softer upticks in client demand. Goods producers reported a quicker rise in new export orders, which contrasted with a faster contraction in service sector foreign customer demand. Labour shortages continued to hamper output growth across the private sector. Although rates of job creation quickened in the individual sectors, employment growth was historically subdued. At the same time, constraints on capacity were reflected in a series-record expansion in backlogs of work. Meanwhile, inflationary pressures remained historically elevated as input costs and output charges rose markedly. 2021-10-05T13:53:50.897"
US Services PMI Revised Higher,Services PMI,"US Services PMI Revised HigherUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 54.9 in September of 2021 from a preliminary of 54.4, still pointing to the slowest growth in the services sector so far this year. New business rose the least in 13 months and labour shortages hampered output growth. Total sales were weighed down by the spread of COVID-19 and a faster decline in new export orders. At the same time, pressure on capacity was reflected in the sharpest rise in backlogs of work since data collection began almost 12 years ago. Challenges expanding workforce numbers reportedly exacerbated difficulties clearing incoming new business. Meanwhile, cost pressures built for a second month running as input prices rose at a steep rate. Firms continued to pass on higher costs to clients, but at the slowest pace for five months. Finally, business confidence was the highest since June amid hopes of a reduction in COVID-19 cases and a further boost to client demand.2021-10-05T13:49:33.867"
US Imports at New Record High,Imports,"US Imports at New Record HighUnited States ImportsImports to the US were up 1.4% mom to a new all-time high of $287 billion in August of 2021, namely pharmaceutical preparations, toys, games, organic chemicals, transport and travel. In contrast, purchases fell for passenger cars.2021-10-05T12:45:33.193"
US Exports Highest since 2019,Exports,"US Exports Highest since 2019United States ExportsExports from the US edged up 0.5% mom to $213.7 billion in August of 2021, the highest since May of 2019, boosted by sales of nonmonetary gold and natural gas while shipments fell for autos and parts, civilian aircrafts, corn and travel.2021-10-05T12:43:50.697"
US LMI Index Slows in September,Lmi Logistics Managers Index Current,"US LMI Index Slows in SeptemberUnited States Lmi Logistics Managers Index CurrentThe Logistics Manager’s Index fell to 72.2 in September of 2021 from 73.8 in August, pointing to the slowest growth in the logistics industry in four months, driven primarily by cost metrics (including an all-time high reading of 89.3 for Warehousing Prices), tempered somewhat by a decrease in the rate of growth for Inventory Levels. A decline which is likely due to a combination of inventory moving quickly due to high consumer demand, but also coming in slowly due to logistics delays. There were 73 ships at anchor or drifting in San Pedro Bay in mid-September. This bottleneck has led global schedule reliability to drop to an all-time low of 33.6% in August of 2021, down 30.1% from this time a year ago. The lack of space is confirmed in the Transportation Capacity metric, reading in at 37.2, down (-3.3) from August. Also, shippers are holding on to chassis for longer than normal because containers have nowhere else to go due to a lack of warehousing space.2021-10-05T10:49:00"
Dollar at 1-Year High,Currency,"Dollar at 1-Year HighUnited States CurrencyThe dollar index hovered around one-year highs of 94 on Tuesday, amid a general risk-off sentiment, and as worries over slower growth and persistently high inflation persist. At the same time, the odds are increasing the Fed will start cutting stimulus next month while the debt crisis in the Chinese property sector continues to push traders to the dollar safety. All eyes this week will be on the payrolls report due Friday which will provide an update on the job market recovery and could offer further clues on the Fed's tapering timeline. 2021-10-05T07:50:05.397"
US Equities Lack Direction,Stock Market,"US Equities Lack DirectionUnited States Stock MarketUS stocks futures were mixed on Tuesday after Wall Street ended deeply in the red the day before, amid persistent worries over slow growth, high inflation, and rising commodity prices. On the political front, President Joe Biden said he cannot guarantee the government will not breach its $28.4 trillion debt limit unless Republicans join Democrats in voting to raise it. Traders digested reports that Chinese property firms were struggling to earn enough to make interest payments on their debt, long before China Evergrande's debt crisis emerged. In business news, Facebook issued an explanation for the outage on Monday evening, saying that it was due to a configuration issue. The company says it doesn’t believe any user data was impacted. On Monday, the Dow Jones shed 434 points or 0.94% to 34,003. The S&P 500 sank 56 points or 1.3% to 4,300. The Nasdaq tumbled 311 points or 2.14% to 14,255.2021-10-05T06:52:00"
S&P 500 Hits 10-week Low,Stock Market,S&P 500 Hits 10-week LowUnited States Stock MarketUS500 decreased to a 10-week low of 42882021-10-04T14:53:34.497
NASDAQ 100 Hits 10-week Low,Stock Market,NASDAQ 100 Hits 10-week LowUnited States Stock MarketUSNDX decreased to a 10-week low of 145552021-10-04T14:18:38.97
Treasury Yields Remain High,Government Bond 10Y,"Treasury Yields Remain HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was at 1.48% in the first full trading week of October, as traders continue to digest prospects of an early Fed tightening despite persistent inflationary pressure. Last week, Fed Chair Powell said at the European Central Bank Forum that supply chain issues could cause inflation to last longer than the Fed had previously thought. Still, all eyes will be on the payrolls report due Friday which will provide an update on the labour market recovery. 2021-10-04T11:19:00"
US Shares Poised for Higher Open to Start the Week,Stock Market,"US Shares Poised for Higher Open to Start the WeekUnited States Stock MarketStock futures in the US fell slightly on Monday after Wall Street rallied on the first trading day of October, amid favorable economic data, a potential oral treatment against COVID-19, and optimism over the passage of an infrastructure bill. In recent data, factory growth advanced to a 4-month high, personal spending topped forecasts and PCE prices continued to point to high inflationary pressure. Traders anticipate US labor data later in the week, with markets forecasting 460,000 jobs to have been added in September. On the political front, House Democrats delayed plans to vote on a $1 trillion infrastructure bill as no deal has been reached yet. Meantime, both the Senate and the House passed a short-term appropriations bill that would keep the government running through December 3rd. For the week, however, all three indexes posted losses with S&P 500 and the Nasdaq posting their biggest weekly percentage drop since February.2021-10-04T04:12:00"
Dollar Liitle Changed,Currency,"Dollar Liitle ChangedUnited States CurrencyThe US dollar index was flat at 94 on Monday, remaining close to its highest level in nearly a year, amid expectations that the Federal Reserve will taper stimulus from November and start hiking rates next year. In recent data, both personal spending and core PCE prices in the US rose more than expected in August. Traders anticipate US labor data later in the week, with market forecasting  460,000 jobs to have been added in September, enough to keep the Federal Reserve on course to begin tapering before year’s end. Market participants continued to follow reports that China Evergrande has missed two bond interest payments in the past two weeks, with its offshore debt that amounting to about $20 billion trading at distressed levels.2021-10-04T02:43:00"
US Consumer Sentiment Revised Higher,Consumer Confidence,"US Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to 72.8 in September of 2021 from a preliminary of 71 and above August’s 70.3. The current conditions gauge climbed to 80.1, above a preliminary of 77.1 and up from 78.5 last month.  Expectations were revised higher to 68.1 from 67.1 and compared to August’s 65.1. Meanwhile, inflation expectations for the year ahead were unchanged at 4.6%, below a preliminary of 4.7% while the 5-year outlook rose to 3% from 2.9% in the prior month. ""Consumer sentiment edged upward in late September, although the overall gain still meant the continuation of depressed optimism, initially sparked by the Delta variant and supported by persistent inflation and unfavorable long-term prospects for the national economy."",Surveys of Consumers chief economist, Richard Curtin.2021-10-01T14:07:00"
US Construction Spending Unexpectedly Stalls,Construction Spending,"US Construction Spending Unexpectedly StallsUnited States Construction SpendingConstruction spending in the US was virtually unchanged at a seasonally adjusted annual rate of USD 1.584 trillion in August of 2021, after increasing 0.3 percent in the previous month and defying market expectations of a 0.3 percent rise. Spending on private construction decreased 0.1 percent (vs 0.2 percent in July), mostly transportation (-2.4%) and lodging (-2.3%), while public construction outlays rose 0.5 percent (the same as in July).
2021-10-01T14:06:00"
US Markit Manufacturing PMI Revised Up,Manufacturing PMI,"US Markit Manufacturing PMI Revised UpUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised higher to 60.7 in September of 2021 from a preliminary of 60.5 but below 61.1 in August. The latest data indicated a marked improvement in the health of the manufacturing sector, despite being the slowest since April. Despite rising markedly, production was often hampered by severe material and labour shortages, as supply chain disruption worsened. Demand conditions softened from the peaks seen earlier in the year, but both domestic and foreign client orders rose at historically elevated rates. Pressure on capacity was reflected in the fastest uptick in backlogs of work on record, as challenges expanding workforce numbers persisted. On the price front, the pace of input cost inflation softened only slightly from August's series record, causing firms to raise their charges at an unprecedented rate. Finally, output expectations dipped to a four-month low in September, weighed down principally by concerns regarding raw material availability.2021-10-01T13:49:00"
US PCE Prices Rise Again in August,PCE Price Index Monthly Change,"US PCE Prices Rise Again in AugustUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States rose 0.4 percent month-over-month in August of 2021, the same as in the previous month, driven by increases in cost for goods (0.6 percent vs 0.4 percent in July) and services (0.3 percent vs 0.4 percent). Within goods, prices were up for durable (0.9 percent vs 0.2 percent) and non-durable goods (0.4 percent vs 0.6 percent).
Excluding food and energy, PCE prices edged up 0.3 percent, the same as in July and slightly above market expectations of 0.2 percent. Year-on-year, the PCE price index advanced 4.3 percent and the core index increased 3.6 percent.2021-10-01T12:33:00"
US Personal Income Rises 0.2% in August,Personal Income,"US Personal Income Rises 0.2% in AugustUnited States Personal IncomePersonal income in the United States rose 0.2 percent from a month earlier in August 2021, following a 1.1 percent advance in July and slightly missing market expectations of a 0.3 percent gain. The compensation of employees, such as private wages and salaries, as well as government social benefits were mostly behind the gain. Within government social benefits, an increase in Child Tax Credit payments authorized by the American Rescue Plan, was partly offset by a decrease in unemployment insurance, due to declines in payments from the Pandemic Unemployment Compensation program.2021-10-01T12:33:00"
Wall Street Set for Weak Open to Start Q4,Stock Market,"Wall Street Set for Weak Open to Start Q4United States Stock MarketUS stock futures dropped on Wednesday after a sharp pullback Thursday, with the S&P 500 posting its worst month since the onset of the COVID-19 crisis, following a month and quarter wracked by concerns over COVID-19, inflation fears, a spike in bond yields, and rising cases of the Delta strain. Meantime, both the Senate and the House passed a short-term appropriations bill that would keep the government running through December 3rd. 2021-10-01T06:39:00"
Dollar Stays Near 1-Year High,Currency,"Dollar Stays Near 1-Year HighUnited States CurrencyThe dollar index was slightly down at 94 on Friday, still close to its highest level in nearly a year, amid expectations that the Federal Reserve will taper stimulus from November and start hiking rates next year. Spiking bond yields also added to the currency's firmness. In recent data, both personal spending and core PCE prices in the US rose more than expected in August. Meanwhile, there are more signs that the Chinese economic recovery is slowing down. The Evergrande woes are pointing to the structural problems in the real estate sector while the manufacturing sector remains under pressure amid the Delta strain outbreaks, higher material cost, production bottlenecks, and more recently, electricity rationing.2021-10-01T05:20:00"
Chicago PMI Falls Further,Chicago PMI,"Chicago PMI Falls FurtherUnited States Chicago PMIThe Chicago Business Barometer fell to 64.7 in September of 2021, the lowest level since February and down from 66.8 in August. Figures came slightly below market forecasts of 65. Order backlogs saw the largest decline, followed by supplier deliveries and new orders. Only employment increased through the month.2021-09-30T13:59:09.357"
US Stocks Rise on the Last Day of Q3,Stock Market,"US Stocks Rise on the Last Day of Q3United States Stock MarketWall Street opened slightly higher on the last trading day of the third quarter as investors welcomed signs that a government shutdown will be avoided. Senate Majority Leader Chuck Schumer said yesterday an agreement has been reached to extend government spending until December 3rd. Meanwhile, Fed Chair Powell and other central bank leaders reiterated their view that a rise in a surge in inflation is transitory. On the data front, initial claims unexpectedly rose for the 3rd week but GDP growth was revised slightly higher for Q2. So far this quarter, both the Dow and the Nasdaq are little changed while the S&P 500 is up 1.4%.2021-09-30T13:33:00"
US Jobless Claims Seen Falling for 1st Time in 3 Weeks,Initial Jobless Claims,"US Jobless Claims Seen Falling for 1st Time in 3 WeeksUnited States Initial Jobless ClaimsInitial jobless claims likely fell last week to 335 thousand, ending a two-week period of increases and moving closer to a pandemic low of 312 thousand reached in early September, as the pace of hiring picks up steam amid companies' efforts to fill widespread vacancies and as more workers go back into the labor force following the end of federal enhanced unemployment benefits. Still, factors related to the pandemic, such as caregiving needs and ongoing fears of the virus, continue to curb job gains. Meanwhile, continuing claims likely dropped to 2.80 million, after a slight increase the week before.2021-09-30T10:57:20.72"
US Futures Rise to End Q3,Stock Market,"US Futures Rise to End Q3United States Stock MarketUS futures were higher on the last trading day of the third quarter as investors welcomed signs that a government shutdown will be avoided. Senate Majority Leader Chuck Schumer said yesterday an agreement has been reached to extend government spending until December 3rd. Meanwhile, Fed Chair Powell and other central bank leaders reiterated their view that a rise in a surge in inflation is transitory. On the data front, initial claims unexpectedly rose for the 3rd week but GDP growth was revised slightly higher for Q2. On Wednesday, the Dow Jones gained 91 points or 0.3% to 34391, the S&P 500 added 7 points or 0.2% to 4359; and the Nasdaq lost 34 points or 0.2% to 14512. So far in the quarter, both the Dow and the Nasdaq are little changed while the S&P 500 is up 1.4%. 2021-09-30T09:18:00"
US Treasury Yields Remain Elevated,Government Bond 10Y,"US Treasury Yields Remain ElevatedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was around 1.5% on Friday, after touching a 3-month high of 1.56% early in the week, amid growing expectations that the Federal Reserve will start tapering in November and hike rates next year. Yields have been soaring from a low of 1.29% reached last week, after the central bank signalled during its latest meeting that stimulus could start being reduced in November and interest rates could rise as soon as next year, while cutting growth forecasts and hiking inflation projections for this year. Meanwhile, Federal Reserve Chairman Jerome Powell said at the European Central Bank Forum that supply chain issues could cause inflation to last longer than the Fed had previously thought.2021-09-30T08:12:00"
Dollar Trades Near 1-Year High,Currency,"Dollar Trades Near 1-Year HighUnited States CurrencyThe dollar index remained near 94.3 on Thursday, hovering at a near one-year high, as odds are rising that the Fed will soon start tapering and as investors remained concerned again about the pace of global economic recovery and rising energy cost. Last week, the US central bank signaled it could start reducing asset purchases as soon as November and start hiking rates next year. Meanwhile, there are more signs that the Chinese economic recovery is slowing down. The Evergrade woes are pointing to the structural problems in the real estate sector while the manufacturing sector remains under pressure amid the Delta variant of COVID-19 outbreaks, higher material cost, production bottlenecks, and more recently, electricity rationing.

2021-09-30T05:25:00"
US 10-Year Bond Yield Bounces Back,Government Bond 10Y,"US 10-Year Bond Yield Bounces Back United States Government Bond 10YAfter retreating below 1.5% earlier in the session, the yield on the benchmark 10-year Treasury note bounced back above 1.54% on Wednesday, approaching a 3-month high of 1.56% reached the day before on growing expectations that the Federal Reserve will start tapering in November and hike rates next year. Yields have been soaring from a low of 1.29% reached last week, after the central bank signaled during its latest meeting that stimulus could start being reduced in November and interest rates could rise as soon as next year, while cutting growth forecasts and hiking inflation projections for this year. Meanwhile, Federal Reserve Chairman Jerome Powell said at the European Central Bank Forum that supply chain issues could cause inflation to last longer than the Fed had previously thought.2021-09-29T18:08:00"
US Crude Stocks Rise for 1st Time in 2 Months,Crude Oil Stocks Change,"US Crude Stocks Rise for 1st Time in 2 MonthsUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 4.578 million barrels in the week ending September 24th, ending a seven-week period of decline and compared with market forecasts of a 1.652 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories were up by 0.193 million barrels, less than expectations of a 1.4 million rise.2021-09-29T14:41:43.24"
Dollar Strengthens for 3rd Day,Currency,"Dollar Strengthens for 3rd DayUnited States CurrencyThe dollar index extended gains for a 3rd consecutive to 93.9 on Wednesday, a new high since early November, amid a rise in Treasury yields as odds are rising that the Fed will soon start tapering. Last week, the US central bank signaled it could start reducing asset purchases as soon as November while lowering growth forecasts and rising inflation projections. Meanwhile, Fed Chair during his testimony to the Senate the economy had all but met the test for tapering and that there's still a long way from meeting the test for maximum employment. Early, St. Louis Federal Reserve President James Bullard said the Fed being 'a little' more aggressive would best ensure longer expansion while seeing two interest rate increases in 2022 and inflation remaining at 2.8% through next year. Also, Governor Lael Brainard said the labor market may soon meet her target for tapering while New York Fed President John Williams noted that moderating bond-buying may soon be warranted.2021-09-29T12:03:16.243"
US Treasury Yields Fall Slightly,Government Bond 10Y,"US Treasury Yields Fall SlightlyUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note retreated to 1.51% on Wednesday from a more than a 3-month high of 1.55% hit in the previous session. Yields soared after the US central bank signaled last week it could start reducing asset purchases as soon as November while lowering growth forecasts and rising inflation projections.
2021-09-29T08:13:00"
US Equities Set to Open Higher,Stock Market,"US Equities Set to Open HigherUnited States Stock MarketUS stock futures traded sharply higher on Wednesday following a sharp pullback in Wall Street the day before as a spike in Treasury yields dragged tech shares down. The yield on the 10-year Treasury topped 3-months highs of 1.5% and the 5-year rate rose above 1% for the first time since February 2020, with investor's bets growing after the FOMC meeting last week that the Fed will soon start reducing stimulus. Meanwhile, Fed Chair Powell said in his testimony before the US Senate the economy had all but met the test for tapering and that there's still a long way from meeting the test for maximum employment. In recent data, the  S&P CoreLogic Case-Shiller 20-city home price index in the US continued to break records in July, rising by 19.9% yoy in July after a 19.1% rise in June. The Nasdaq declined 2.8% on Tuesday, the most since March, the S&P 500 fell 2% and the Dow Jones shed around 570 points or 1.6%.2021-09-29T06:51:00"
Dollar Stays Firm,Currency,"Dollar Stays Firm United States CurrencyThe dollar index remained at 93.7 on Wednesday, its strongest since early November, amid a rise in Treasury yields as odds are rising that the Fed will soon start tapering. Last week, the US central bank signaled it could start reducing asset purchases as soon as November while lowering growth forecasts and rising inflation projections. Meanwhile, Fed Chair during his testimony to the Senate the economy had all but met the test for tapering and that there's still a long way from meeting the test for maximum employment. Early, St. Louis Federal Reserve President James Bullard said the Fed being 'a little' more aggressive would best ensure longer expansion while seeing two interest rate increases in 2022 and inflation remaining at 2.8% through next year. Also, Governor Lael Brainard said the labor market may soon meet her target for tapering while New York Fed President John Williams noted that moderating bond-buying may soon be warranted.2021-09-29T04:11:32.613"
Micron Technology earnings at 2.42 USD,Earnings,"Micron Technology earnings at 2.42 USDUnited States EarningsMicron Technology (MU) released earnings per share at 2.42 USD, compared to market expectations of 2.33 USD.2021-09-28T20:22:40.58"
US Stocks Sell-Off as Yields Surge,Stock Market,"US Stocks Sell-Off as Yields Surge United States Stock MarketWall Street closed sharply lower on Tuesday as a spike in Treasury yields dragged tech shares down. The yield on the 10-year Treasury topped 3-months highs of 1.5% and the 5-year rate rose above 1% for the first time since February 2020 as investor's bets grew after the FOMC meeting last week that the Fed will soon start reducing stimulus. The Nasdaq declined 2.8%, the most since March, the S&P 500 fell 2% and the Dow Jones declined around 570 points. Meanwhile, Fed Chair Powell said in his testimony before the US Senate the economy had all but met the test for tapering and that there's still a long way from meeting the test for maximum employment.2021-09-28T20:04:00"
US 10-Year Bond Yield Continues to Move Higher,Government Bond 10Y,"US 10-Year Bond Yield Continues to Move HigherUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note surged past 1.55%, the highest since June 17th, after the US central bank signaled last week it could start reducing asset purchases as soon as November while lowering growth forecasts and rising inflation projections. Since the latest policy meeting, several Fed officials have been reinforcing this possibility. St. Louis Federal Reserve President James Bullard said the Fed being 'a little' more aggressive would best ensure longer expansion while seeing two interest rate increases in 2022 and inflation remaining at 2.8% through next year. Meanwhile, Governor Lael Brainard said the labor market may soon meet her target for tapering while New York Fed President John Williams noted that moderating bond-buying may soon be warranted. 2021-09-28T13:37:00"
US Stocks Sink as Yields Surge,Stock Market,"US Stocks Sink as Yields SurgeUnited States Stock MarketWall Street traded sharply lower on Tuesday as a spike in Treasury yields dragged tech shares down. The yield on the 10-year Treasury topped 3-months highs of 1.5% and the 5-year rate rose above 1% for the first time since February 2020 as investor's bets grew after the FOMC meeting last week that the Fed will soon start reducing stimulus. The Nasdaq was down more than 2%, the S&P fell almost 2% and the Dow Jones declined more than 400 points. Meanwhile, Fed Chair Powell said in his testimony before the US Senate the economy had all but met the test for tapering and that there's still a long way from meeting the test for maximum employment.2021-09-28T13:35:00"
US House Prices Rise at Slower Pace in July: FHFA,FHFA House Price Index MoM,"US House Prices Rise at Slower Pace in July: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 1.4 percent from a month earlier in July 2021, the least since February and following a revised 1.7 percent gain in June. For the nine census divisions, seasonally adjusted monthly house price changes ranged from +0.8 percent in the West North Central division to +1.9 percent in the South Atlantic division. Year-on-year, house prices surged 19.2 percent in July, a new record high.2021-09-28T13:05:00"
US Goods Gap Widens in August,Goods Trade Balance,"US Goods Gap Widens in AugustUnited States Goods Trade BalanceThe goods trade deficit in the US increased to $87.6 billion in August of 2021 from $86.8 billion in July. Imports rose 0.8% mom to $236.6 billion, led by consumer goods (4.6%) and industrial supplies (3%). Exports went up at a slightly slower 0.7% to $149 billion, pushed up by sales of industrial supplies (5.9%) while shipments of capital goods declined 1.5%. 2021-09-28T12:36:00"
US Wholesale Inventories Rise Faster in August,Wholesale Inventories,"US Wholesale Inventories Rise Faster in AugustUnited States Wholesale InventoriesWholesale inventories in the US increased 1.2 percent month-over-month to $731 billion in August of 2021, following a 0.6 percent rise in July, a preliminary estimate showed. It was the 13th consecutive month of gains, amid increases in both durable goods (1.1 percent vs 1.2 percent in July) and non-durable goods inventories (1.3 percent vs -0.3 percent). On a yearly basis, wholesale inventories advanced 12.3 percent in August.2021-09-28T12:34:00"
US Futures Fall on Tuesday,Stock Market,"US Futures Fall on TuesdayUnited States Stock MarketUS futures were lower on Tuesday, with contracts on the Nasdaq falling around 1%, as investors monitor a spike in Treasury yields. The 10-year rate topped 3-months highs of 1.5% and the 5-year Treasury yield rose above 1% for the first time since February 2020. Traders continue to weigh prospects the Fed will soon start reducing stimulus although inflation pressures could last longer than expected. Investors now await the Fed Chair testimony on the Cares Act before the US Senate later in the day. Meanwhile, Governor Lael Brainard said the labor market may soon meet her target for tapering to start while New York Fed President John Williams noted that moderating bond-buying may soon be warranted.2021-09-28T08:01:00"
Dollar Edges Higher,Currency,"Dollar Edges HigherUnited States CurrencyThe dollar index inched up to a near one-week high of 93.5 on Tuesday, with market participants continuing to digest a more hawkish Fed. Last week, the US central bank signaled it could start reducing asset purchases as soon as November while lowering growth forecasts and rising inflation projections. Traders now keep a close eye on Fed Chair testimony on coronavirus support before the US Senate and Powell's participation in an ECB Forum panel. Meanwhile, the Evergrande debt crisis lingered amid reports about power curbs in China. Fresh economic data due this week including the ISM Manufacturing PMI and PCE inflation should provide an update on the American economy.2021-09-28T05:54:00"
US Stocks Close Mixed,Stock Market,"US Stocks Close Mixed United States Stock MarketThe Dow Jones gained more than 70 points on Monday, supported by energy and bank shares while the S&P 500 fell 0.3% and the Nasdaq declined 0.5% as rising yields pushed tech shares down. Investors weigh China's risks and a potential government shutdown while awaiting speeches from several Fed officials and Fed Chair testimony on the coronavirus CARES Act before the Senate. The Evergrande debt crisis and power curbs in China are raising concerns about the slowdown in the pace of economic recovery. Meanwhile, the Fed will likely start reducing stimulus this year, and speeches from several Fed policymakers this week could provide more clues on the exact tapering timeline. On the data front, new orders for durable goods topped market expectations, rising 1.8% in August. Fresh economic data due this week including the ISM Manufacturing PMI and PCE inflation should also provide an update on the American economy.2021-09-27T20:07:00"
Dollar Edges Higher,Currency,"Dollar Edges HigherUnited States CurrencyThe dollar index edged higher to 93.4 on Monday, rebounding from early losses, as investors continue to digest a more hawkish Fed while worries over China's economic growth linger. Last week, the Fed signalled it could start reducing asset purchases as soon as November while lowering growth forecasts and rising inflation projections. Meanwhile, the Evergrande debt crisis and power curbs in China are raising concerns of a big economic slowdown. Fresh economic data due this week including the ISM Manufacturing PMI and PCE inflation should provide an update on the American economy. Traders will also keep a close eye on Fed Chair testimony on coronavirus support before the US Senate and Powell's participation in an ECB Forum panel
2021-09-27T09:20:05.447"
US Shares Poised for Higher Open to Start the Week,Stock Market,"US Shares Poised for Higher Open to Start the WeekUnited States Stock MarketUS stock futures traded markedly higher on Monday as investors brace for the last week of the third quarter. Eyes will turn to Fed Powell testimony on Coronavirus and CARES Act before the Senate while lawmakers will try to pass a funding plan to avoid a government shutdown on October 1st. Meanwhile, House Speaker Nancy Pelosi pledged to pass a $550 billion infrastructure bill this week. Last week, the Dow rose 0.6% and the S&P 500 climbed 0.5% while the Nasdaq was little changed.2021-09-27T04:23:00"
Dollar Trades Near 1-Week Low,Currency,"Dollar Trades Near 1-Week LowUnited States CurrencyThe dollar index edged down to a near one-week low of 93.2 on Monday, as traders continued to digest the latest FOMC statement and prospects of slower growth in the US. On the data front, initial claims rose for a 2nd week last week while flash Markit PMIs came below forecasts. Meanwhile, fears of widespread contagion from China Evergrande eased after the PBoC today injected a net of CNY 100 billion into the financial system, adding to the net CNY 320 billion last week, the most since January. At the same time, it is reported that several local governments in China have set up special custodian accounts for Evergrande property projects to protect funds earmarked for housing projects from being diverted.2021-09-27T03:37:00"
US Futures Lower as Evergrande Concerns Mount,Stock Market,"US Futures Lower as Evergrande Concerns MountUnited States Stock MarketUS futures were lower on Friday amid mounting concerns over a potential default from Evergrande after the property group failed a payment to its foreign bondholders, leaving investors without any explanation whether the interest payment will be made. At the same time, traders continue to digest prospects the Fed will soon start cutting stimulus despite signs of a slowing recovery. So far on the week, the Dow Jones is up 0.5% and is on track to end a three-week losing streak. The S&P 500 gained 0.4% and the Nasdaq 0.1%.2021-09-24T08:16:00"
US Shares Set to Open Slightly Lower,Stock Market,"US Shares Set to Open Slightly LowerUnited States Stock MarketUS stock futures fell slightly on Friday after Wall Street rallied for the second straight day Thursday, with all three main indexes now on course for a weekly gain. In recent data, initial claims increased for the 2nd week and the flash Markit PMIs pointed to a slowdown in both services and manufacturing in September. Market participants continued to digest the latest FOMC statement, as the Fed said it could start tapering as soon as November and end next year but also left the door open to more stimulus if the economy needs it. Investors also kept their eyes on China's Evergrande debt crisis as the interest deadline expired without any announcement from the company. It now enters a 30-day grace period and will default if that passes without payment. On Thursday, the Dow Jones jumped 507 points or 1.48% to end at 34,765. The S&P 500 climbed 53 points or 1.2% to 4,449. The Nasdaq soared 155 points or 1% to 15,052.2021-09-24T06:51:00"
Dollar at 1-Week Low,Currency,"Dollar at 1-Week LowUnited States CurrencyThe dollar index edged up to 93.3 on Friday after falling to 93.1 early in the session and is on track to end the week little changed as investors digest the latest FOMC statement and prospects of slower growth. The Federal Reserve lowered its growth projections for 2021 and raised inflation forecasts but reinforced tapering could soon begin. The central bank also signalled interest rate hikes could follow earlier than expected but left the door open to more stimulus if the economy needs it. On the data front, initial claims rose for a 2nd week and flash Markit PMIs came below forecasts, in another sign the delta variant and supply constraints continue to hurt the economic recovery.2021-09-24T04:02:00"
Costco Wholesale earnings at 3.9 USD,Earnings,"Costco Wholesale earnings at 3.9 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 3.9 USD, compared to market expectations of 3.58 USD.2021-09-23T20:25:57.417"
Nike earnings at 1.16 USD,Earnings,"Nike earnings at 1.16 USDUnited States EarningsNike (NKE) released earnings per share at 1.16 USD, compared to market expectations of 1.12 USD.2021-09-23T20:18:11.507"
"US Stocks Rally for 2nd Day, Turn Higher for the Week",Stock Market,"US Stocks Rally for 2nd Day, Turn Higher for the WeekUnited States Stock MarketUS stocks closed sharply higher for the 2nd session on Thursday, with the Dow Jones up around 500 points, the S&P 500 rising 1.2% and the Nasdaq adding 1%. Investors continued to digest the latest FOMC statement and remained confident that the Evergrande debt crisis could be contained. The Federal Reserve could start tapering as soon as November and end next year but also left the door open to more stimulus if the economy needs it. Meanwhile, initial claims increased for the 2nd week and the flash Markit PMIs pointed to a slowdown in both services and manufacturing in September. On the corporate front, Salesforce surged after raised its full-year 2022 revenue guidance; Accenture gained after the IT consulting firm boosted its first-quarter outlook and Darden Restaurants climbed after reporting strong quarterly gains. Also, energy stocks tracked oil prices higher and bank stocks were boosted by a bounce in Treasury yields. All three main indexes are now on course for a weekly gain. 2021-09-23T20:08:00"
US 10Y Bond Yield Hits 10-Week High,Government Bond 10Y,"US 10Y Bond Yield Hits 10-Week Highunited states Government Bond 10YThe yield on the benchmark 10-year Treasury note inched higher to above 1.4% in late September, the highest since July 14th after the Federal Reserve signalled stimulus could start being reduced in November and interest rates could rise as soon as next year, while cutting growth forecasts and hiking inflation projections for this year. At the same time, initial jobless claims surprisingly increased for a second time to the highest in 4 weeks, suggesting the labour market continues to struggle to fully recover from the pandemic hit.2021-09-23T19:42:00"
Tenth District Factory Growth Lowest in 14 Months,Kansas Fed Manufacturing Index,"Tenth District Factory Growth Lowest in 14 MonthsUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index fell to 10 in September 2021 from 22 in the previous month, the lowest since July 2020. Factory growth continued to be driven by a faster increase in durable goods, in particular primary metals, computer and electronic products, and transportation equipment, while nondurable goods manufacturing grew more modestly. “The pace of regional factory activity growth eased slightly but remained positive,” said Wilkerson. “Many firms continued to report rapid increases in input prices, difficulties hiring workers, and supply chain delays. However, production remains considerably higher than a year ago, with the most positive expectations for production in almost 20 years.”2021-09-23T15:14:45.783"
US Composite PMI Drops in September,Composite PMI,"US Composite PMI Drops in SeptemberUnited States Composite PMIThe IHS Markit Composite PMI for the US fell to 54.5 in September of 2021 from 55.4 in August, preliminary estimates showed. The reading pointed to the lowest growth in private sector activity since September last year as both manufacturing (60.5 vs 61.1, a 5-month low) and services (54.4 vs 55.1, a 14-month low) eased. New order growth fell to the slowest since August 2020 and challenges finding suitable candidates and difficulties retaining employees were reflected in firms reporting only a fractional rise in employment for a second month. Input costs rose the most in four months to the second-highest rate ever and output price inflation hit an all-time high. Optimism at private sector firms was robust in September. Business confidence was often linked to hopes of improved client demand and the removal of supply chain blockages.2021-09-23T14:03:00"
US Treasury Yields Continue to Rise,Government Bond 10Y,"US Treasury Yields Continue to Rise United States Government Bond 10YThe yield on the benchmark 10-year Treasury note inched higher to above 1.35% in late September, after the Federal Reserve signalled stimulus could start being reduced in November and interest rates could rise as soon as next year, while cutting growth forecasts and hiking inflation projections for this year. At the same time, initial jobless claims surprisingly increased for a second time to the highest in 4 weeks, suggesting the labour market continues to struggle to fully recover from the pandemic hit. 2021-09-23T13:15:00"
Dollar Falls from 1-Month High,Currency,"Dollar Falls from 1-Month HighUnited States CurrencyThe dollar index retreated to 93.2 on Thursday after touching a one-month high of 93.5 early in the session, as investors digest the latest FOMC statement. The Federal Reserve lowered its growth projections for 2021 and raised inflation forecast but reinforced tapering could soon begin. The central bank also signalled interest rate hikes could follow earlier than expected, but left the door open to more stimulus if the economy needs it.2021-09-23T10:31:00"
US Equities Set to Open in the Green,Stock Market,"US Equities Set to Open in the GreenUnited States Stock MarketUS stock futures moved modestly higher on Thursday after a strong session the day before, as Fed Chair Jerome Powell reinforced that tapering was not meant to start a countdown to interest rates hikes. He said a reduction in bond-buying could come as soon as November and the process could be complete in the middle of 2022. Some positive news from struggling developer China Evergrande also calmed contagion concerns, with the company saying today that it will help investors redeem their products. On Wednesday, the Dow Jones rose 338 points or 1% to end at 34,258. The S&P 500 climbed 41 points or 0.95% to 4,396. The Nasdaq gained 150 points or 1% to 14,897.2021-09-23T04:13:00"
Dollar Hits 1-Month High,Currency,"Dollar Hits 1-Month HighUnited States CurrencyThe dollar index was at 93.5 on Thursday, the highest in a month, after the US Federal Reserve signaled tapering could begin soon, with Fed Chair Powell saying during the press conference that if the economy remains on track, tapering could conclude in the middle of next year. The central bank also indicated interest rate hikes could follow earlier than expected, despite lowering growth projections for 2021 and raising inflation forecast.2021-09-23T03:02:18.327"
US Treasury Yields Little Changed after Fed,Government Bond 10Y,"US Treasury Yields Little Changed after FedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was slightly lower at 1.3%, after Fed Chair Powell said during the press conference that tapering of bond purchases could begin as soon as November and that the process could be complete by mid-2022. Also, the central bank downgraded its GDP growth estimate for 2021 to 5.9% from 7% previously. 2021-09-22T18:20:00"
US Stocks Rise ahead of Fed,Stock Market,"US Stocks Rise ahead of FedUnited States Stock MarketUS stocks were higher on Wednesday, with the Dow adding more than 400 points, following a volatile session the day before, as investors await the FOMC release later in the day for an update on the Fed's tapering timeline. Meanwhile, fears over giant China Evergrande Group eased somewhat after the company said it would make a coupon payment on its domestic bonds tomorrow after failure to pay interest payments to some of its creditors. On the corporate front, shares of General Mills were higher after the company reported better-than-expected quarterly earnings while stocks of FedEx sank after the conglomerate lowered its profit outlook.2021-09-22T13:32:00"
General Mills earnings at 0.91 USD,Earnings,"General Mills earnings at 0.91 USDUnited States EarningsGeneral Mills (GIS) released earnings per share at 0.91 USD, compared to market expectations of 0.85 USD.2021-09-22T11:17:24.647"
Dollar Holds Advantage ahead of Fed,Currency,"Dollar Holds Advantage ahead of FedUnited States CurrencyThe dollar index was flat at 93.2 on Wednesday, not far from Monday's one-month high of 93.4, ahead of the highly anticipated FOMC monetary policy decision later in the day. Chair Powell will likely confirm the start of tapering still this year. Investors will also keep a close eye on fresh economic forecasts for an update on growth and inflationary pressures. An early scale back in asset purchases and the rate hike will likely prompt the dollar rally. The Evergrande debt crisis also weighed on investors' mood which prefer the safety of dollar instead of riskier currencies.2021-09-22T07:56:00"
US Shares Poised for Higher Open,Stock Market,"US Shares Poised for Higher OpenUnited States Stock MarketUS stock futures were higher on Wednesday, following a volatile session the day before, as traders await the outcome of the FOMC meeting later in the day. Adding to the positive mood, Democrats in the US House of Representatives passed a bill on Tuesday to fund the government through December 3rd and suspend the nation's borrowing limit until the end of 2022. Meanwhile, China's Evergrande crisis was temporarily averted, after the company said it would pay the bond interest due Thursday.  On Tuesday, the Dow Jones fell 51 points or 0.15% to end at 33,920. The S&P 500 dropped 4 points or less than 0.1% to 4,354. The Nasdaq was up 33 points or 0.22% to 14,746.2021-09-22T06:47:00"
Dollar Holds Near 1-Month High,Currency,"Dollar Holds Near 1-Month HighUnited States CurrencyThe dollar index was at 93.2 on Wednesday, not far from Monday's one-month high of 93.4, as traders await the Fed decision later in the day for an update on when the Fed will start cutting stimulus. Worries over the potential contagion from Evergrande also weighed on investors' mood.2021-09-22T03:19:00"
Adobe Systems earnings at 3.11 USD,Earnings,"Adobe Systems earnings at 3.11 USDUnited States EarningsAdobe Systems (ADBE) released earnings per share at 3.11 USD, compared to market expectations of 3.01 USD.2021-09-21T20:23:42.703"
US Building Permits Beat Expectations in August,Building Permits,"US Building Permits Beat Expectations in AugustUnited States Building PermitsBuilding permits in the United States rose 6.0 percent from a month earlier to a seasonally adjusted annual rate of 1.728 million in August 2021, the highest level since April and well above market expectations of 1.60 million. The volatile multi-segment jumped 15.8 percent to a rate of 674 thousand and single-family authorizations were up 0.6 percent to a rate of 1.054 million. Permits were up across all regions: the South (6.7 percent to 914 thousand); West (3.5 percent to 445 thousand); Midwest (0.9 percent to 215 thousand); and Northeast (18.5 percent to 154 thousand).2021-09-21T12:35:00"
Dollar Stays Near 1-Month High,Currency,"Dollar Stays Near 1-Month HighUnited States CurrencyThe dollar index was at 93.2 on Tuesday, near its strongest level since August 23rd, as investors flew to safety on worries over the potential contagion from Evergrand and remained cautious ahead of US Federal Reserve's policy meeting. It is unlikely that the world's most indebted real estate developer will be able to make interest payments of $84m on its bonds this Thursday. Meanwhile, the odds increased that the Fed will begin reducing its monthly bond purchases this year. 2021-09-21T03:57:00"
Dow Jones below 34000,stock market,Dow Jones below 34000United States stock marketDow Jones decreased below 34000 points.2021-09-20T23:47:56.053
"Dow Falls Most since July, S&P Posts Worst Sessions since May",Stock Market,"Dow Falls Most since July, S&P Posts Worst Sessions since MayUnited States Stock MarketThe Dow Jones shed more than 600 points on Monday, the most since July 19th and the S&P 500 and the Nasdaq suffered the worst session since May after falling sharply the previous week as investors' sentiment was hurt by a potential default from Chinese property giant Evergrande and rising Covid-19 cases ahead of the FOMC meeting later in the week. The Fed has made it already clear that tapering could occur this year but investors are waiting for more details, particularly after mixed economic data was released last week. The delta variant of the coronavirus pushed up infections to levels last seen in January, wiping out months of progress despite vaccination efforts as North America heads to colder weather. Meanwhile, Hong Kong listed Evergrande Group plummeted as much as 12% after it was reported on Sunday that an estimated CNY 40 billion in cash-strapped developer wealth management products are outstanding.2021-09-20T20:10:00"
"US Stocks Sink, Fed and Evergrande in Focus",Stock Market,"US Stocks Sink, Fed and Evergrande in FocusUnited States Stock MarketUS stocks extended losses in afternoon trading on Monday, after falling sharply in the previous week with the Dow Jones falling more than 700 points to a fresh 3-month low and both the S&P 500 and the Nasdaq losing more than 2% as investors' sentiment was hurt by a potential default from Chinese property giant Evergrande and rising Covid-19 cases ahead of the FOMC meeting later in the week. The Fed has made it already clear that tapering could occur this year but investors are waiting for more details, particularly after mixed economic data was released last week. The delta variant of the coronavirus pushed up infections to levels last seen in January, wiping out months of progress despite vaccination efforts as North America heads to colder weather. Meanwhile, Hong Kong listed Evergrande Group plummeted as much as 12% after it was reported on Sunday that an estimated CNY 40 billion in cash-strapped developer wealth management products are outstanding.2021-09-20T17:24:00"
Russell 2000 Hits 4-week Low,Stock Market,Russell 2000 Hits 4-week LowUnited States Stock MarketUS2000 decreased to a 4-week low of 21792021-09-20T13:54:09.187
"US Stocks Sink, Fed and Evergrande in Focus",Stock Market,"US Stocks Sink, Fed and Evergrande in FocusUnited States Stock MarketUS stocks sank on Monday, extending the sharp decline in the previous week with the Dow Jones falling more than 500 points to a fresh 2-month low and both the S&P 500 and the Nasdaq losing more than 1% as investors' risk appetite retreated ahead of the FOMC meeting later in the week and as concerns grew over a potential default from Chinese property giant Evergrande. The Fed has made it already clear that tapering could occur this year but investors are waiting for more details, particularly after mixed economic data was released last week. Meanwhile, Hong Kong listed Evergrande Group plummeted as much as 12% after it was reported on Sunday that an estimated CNY 40 billion in cash-strapped developer wealth management products are outstanding. So far this month, the Dow Jones fell 2.2%, the S&P 500 2% and the Nasdaq 1.4%.2021-09-20T13:33:00"
NASDAQ 100 Hits 4-week Low,Stock Market,NASDAQ 100 Hits 4-week LowUnited States Stock MarketUSNDX decreased to a 4-week low of 150882021-09-20T13:29:59.653
Wall Street Set to Open Sharply Lower,Stock Market,"Wall Street Set to Open Sharply LowerUnited States Stock MarketUS futures sank on Monday, extending the sharp decline in the previous week with contracts on the Dow Jones falling more than 600 points and both the S&P 500 and the Nasdaq losing more than 1.5% as investors' risk appetite retreated ahead of the FOMC meeting later in the week and concerns over a potential default from Chinese property giant Evergrande. The Fed has made it already clear that tapering could occur this year but investors are waiting for more details, particularly after mixed economic data was released last week. Meanwhile, Hong Kong listed Evergrande Group plummeted as much as 12% after it was reported on Sunday that an estimated CNY 40 billion in cash-strapped developer wealth management products are outstanding. So far this month, the Dow Jones fell 2.2%, the S&P 500 2% and the Nasdaq 1.4%. 2021-09-20T10:32:00"
US Shares Poised for Lower Open to Start the Week,Stock Market,"US Shares Poised for Lower Open to Start the WeekUnited States Stock MarketUS stock futures traded considerably lower on Monday after a sharp pullback on Wall Street Friday that saw the Dow Jones Friday falling to a 2-month low and the S&P 500 to a one-month low, as investors cautiously await the FOMC meeting later this week for clues about the tapering timeline. Recent economic data painted a mixed scenario, increasing doubts on when the Fed will start cutting stimulus. The Michigan consumer sentiment disappointed and continued to point to the least favorable economic prospects in more than a decade. Also, retail sales unexpectedly rose and inflation eased more than expected while jobless claims were above forecasts and the payrolls report disappointed. Investors also await a number of major quarterly earnings reports this week including Adobe, FedEx, Nike, and Costco. Last week, the Dow lost 0.1%, a 3rd straight week of losses. The S&P 500 fell 0.6%, its second consecutive drop. The Nasdaq declined 0.5%.2021-09-20T02:04:00"
Dollar Index Hits 4-week High,currency,"Dollar Index Hits 4-week HighUnited States currencyThe dollar index increased to a 4-week high of 93.26 on Monday morning in Asia, after the Michigan Consumer Sentiment came below forecasts, raising further uncertainty on when the Federal Reserve will start cutting stimulus. Early in the week, fresh data showed retail sales unexpectedly rose in August and the inflation slowed more than forecasted but remained high. Investors now await the FOMC meeting next week for further clarity on when the Fed will start cutting stimulus. Last week, the dollar gained 0.7%, a second straight week of rises. Investors now await the FOMC meeting on Tuesday and Wednesday.2021-09-20T00:42:00"
S&P 500 Hits 4-week Low,Stock Market,S&P 500 Hits 4-week LowUnited States Stock MarketUS500 decreased to a 4-week low of 44212021-09-19T21:15:01.353
US Stock Futures Steady,Stock Market,"US Stock Futures SteadyUnited States Stock MarketUS stock futures were little changed on Friday, as investors continue to weigh uncertainty over the pace of the economic recovery and what the Fed's next steps will be. Fresh data showed retail sales unexpectedly rebounded in August, while initial jobless claims increased slightly more than anticipated. Meantime, US Treasury Secretary Thursday said it had disbursed about $700 billion in the COVID-19 relief program in the first six months since the American Rescue Program was signed into law. On Thursday, Wall Street ended mixed, as traders await the FOMC decision next week for further details on when the Fed will start tapering. The Dow fell 63 points or 0.18% to end at 34,751. The S&P 500 dropped 7 points or 0.15% to 4,474. The Nasdaq was up 20 points or 0.13% to 15,182.2021-09-17T04:09:00"
US Dollar Hovers Near 3-Week High,Currency,"US Dollar Hovers Near 3-Week HighUnited States CurrencyThe dollar index stayed at a near three-week high on Friday, trading around 92.9, after fresh data showed an unexpected rise in retail sales last month, prompting expectations the Fed will start tapering this year. Investors now await the FOMC meeting next week for further clarity on when the Fed will start cutting stimulus.2021-09-17T03:14:00"
US Business Inventories Continue to Rise,Business Inventories,"US Business Inventories Continue to RiseUnited States Business InventoriesManufacturers’ and trade inventories in the US increased 0.5% mom in July of 2021, following an upwardly revised 0.9% rise in June and in line with market expectations. It was the 13th consecutive month of gains in business inventories. Stocks were up at wholesalers (0.6%), manufacturers (0.5%) and retailers (0.4%). Year-on-year, business inventories jumped 7.2%.2021-09-16T14:06:45.123"
US 10Y Bond Yield Rises on Strong Retail Trade Data,Government Bond 10Y,"US 10Y Bond Yield Rises on Strong Retail Trade DataUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose to 1.34% on Thursday, after economic data showed an unexpected increase in US retail sales. Investors now await the FOMC meeting next week for further clarity on when the Fed will start cutting stimulus, as many officials have been supporting tapering despite the recent slowdown in inflation numbers.2021-09-16T12:45:00"
Treasury Yields Bounce Back,Government Bond 10Y,"Treasury Yields Bounce BackUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note increased to above 1.31% on Thursday, after retreating to 1.26% early in the week, as investors await FOMC meeting next week for further clarity on when the Fed will start cutting stimulus. Recent economic data showed a mixed scenario: inflation rate slowed but remained elevated, raising doubts whether inflationary pressure is transitory as supply chain issues and raw material shortages persist. Also, the recent payrolls report disappointed and industrial production slowed in line with forecasts. Many Fed officials have been supporting tapering to start this year. 2021-09-16T07:49:00"
US Dollar Sluggish,Currency,"US Dollar SluggishUnited States CurrencyThe dollar index was at 92.6 on Thursday, little changed from Wednesday, and close to levels not seen in a week, as investors await the FOMC meeting next week for further clarity on when the Fed will start cutting stimulus. US inflation fell more than expected last month but prices remain elevated, raising further concerns over persistent price pressure. Also, the recent jobs report disappointed but other indicators including industrial production painted a mixed scenario. Tapering tends to benefit the dollar as it will mean the number of dollars in circulation will be lower. 2021-09-16T05:43:00"
US Stock Futures Down Slightly,Stock Market,"US Stock Futures Down SlightlyUnited States Stock MarketUS stock futures traded slightly lower on Thursday, as market participants were concerned about the impact of delta variant on economic recovery and uncertainty over the timing of Fed's tapering. Meantime, President Joe Biden Wednesday met with US CEOs and other top business leaders as he pushes companies to require workers to get vaccinated amid a surge in infections among the unvaccinated. In recent data, industrial production rose in line with forecasts, import prices dropped for the first time in 10 months and the New York Empire State Manufacturing Index grew more than expected. On Wednesday, Wall Street regained momentum, further recovering from its recent losses amid a boost from energy shares.  The Dow added 237 points or 0.7% to end at 34,814. The S&P 500 added 38 points or 0.9% to 4,481. The Nasdaq was up 124 points or 0.8% to 15,162.2021-09-16T04:59:00"
US Crude Inventories Down for 6th Week,Crude Oil Stocks Change,"US Crude Inventories Down for 6th WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 6.422 million barrels in the week ending September 10th, a sixth period of decline and compared with market forecasts of a 3.544 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories were down by 1.858 million barrels, a smaller-than-expected decrease when compared to expectations of a 1.957 million drop.2021-09-15T14:35:49.023"
US Export Price Inflation Slows as Expected,Export Prices MoM,"US Export Price Inflation Slows as ExpectedUnited States Export Prices MoMPrices for US exports edged up 0.4 percent over a month earlier in August of 2021, slowing from a downwardly revised 1.1 percent increase in July and matched market expectations. It was the 15th straight monthly rise in export prices, although at the softest pace in the current sequence. Nonagricultural export charges climbed 0.2 percent from a month earlier, as increases in industrial supplies and materials, capital goods, automotive vehicles, and nonagricultural foods more than offset a drop in prices of consumer goods. Additionally, the cost of agricultural products went up 1.1 percent, rebounding from a 1.7 percent fall in July, driven by prices of dairy products, nuts, wheat, meat and vegetables. Year-on-year, export prices jumped 16.8 percent, following downwardly revised 17.0 percent hike in July.

2021-09-15T12:37:00"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the US inched up 0.3 percent in the week ending September 10th, the first increase in three weeks, data from the Mortgage Bankers Association showed. Applications to purchase a home jumped 7.5 percent, pushing the index to the highest since April while those to refinance a home declined 3.2 percent. The average fixed 30-year mortgage rate was unchanged at 3.03 percent for a third straight week. ""Both conventional and government purchase applications increased, and the average loan size for a purchase application rose to $396,800. The very competitive purchase market continues to put upward pressure on sales prices” said Joel Kan, an MBA economist.2021-09-15T11:12:00"
Dollar Edges Lower,Currency,"Dollar Edges LowerUnited States CurrencyThe dollar index edged lower to 92.4 on Wednesday after touching a one-week high of 92.68 early in the session, as investors digest recent inflation numbers and uncertainty regarding the timing of Fed tapering. US inflation fell more than expected last month but prices remain elevated, raising further concerns over persistent price pressure. Traders now await FOMC meeting next week for further clarity on when the Fed will start cutting stimulus. Tapering tends to benefit the dollar as it will mean the number of dollars in circulation will be lower.2021-09-15T11:01:00"
Treasury Yields Retreat,Government Bond 10Y,"Treasury Yields Retreat United States Government Bond 10YThe yield on the benchmark 10-year Treasury note remained below 1.3% on Wednesday, moving further away from a two-month peak of 1.38% hit last week, as inflation rate slowed but remained elevated, raising doubts whether inflationary pressure is transitory as supply chain issues and raw material shortages persist. Traders now await the FOMC decision next week for further clarity on when the Fed will start cutting stimulus. 2021-09-15T07:39:22.897"
Dollar Hovers at 3-Week High,Currency,"Dollar Hovers at 3-Week HighUnited States CurrencyThe dollar index was around 92.6 on Wednesday, close to levels not seen since the end of August, as the initial enthusiasm over slowing inflation faded. Inflation fell more than expected last month but prices remain elevated, raising further concerns over persistent price pressure and uncertainties over the timing of Fed tapering. Tapering tends to benefit the dollar as it will mean the number of dollars in circulation will be lower. 2021-09-15T07:26:33.257"
US Shares Set to Open in the Green,Stock Market,"US Shares Set to Open in the GreenUnited States Stock MarketUS stock futures were modestly higher on Wednesday after all three major US stock indexes ended in the red Tuesday amid worries the equity markets are overvalued and fears about the impact of the spread of the Delta strain. In recent data, the annual inflation rate in the US eased to 5.3% in August from a 13-year high of 5.4% reported in June and July, matching market expectations. Meantime, small business optimism in the country rebounded slightly in August. On the political front, House Democrats released their proposed tax increases on Monday, including a rise in the corporate tax rate to 26.5% from 21%, a 3-percentage-point surtax on people making over $5 million, and increase capital-gains taxes. Such tax increases aim to cover the $3.5 trillion new spending plan. The proposal is set to be voted this week by the Democrats.  The Dow Jones fell 292 points or 0.8%; the S&P 500 lost 0.6% and the Nasdaq Composite retreated 0.5%.




2021-09-15T04:49:00"
US 10Y Bond Yield Eases After Inflation Data,Government Bond 10Y,"US 10Y Bond Yield Eases After Inflation DataUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note fell below 1.3% Tuesday, moving further away from a two-month peak of 1.38% hit last week, after economic data showed US consumer prices rose less than forecast in August, with the core index increasing at its slowest pace in six months in August.2021-09-14T12:45:00"
US Dollar Hovers at Near 3-Week High,Currency,"US Dollar Hovers at Near 3-Week HighUnited States CurrencyThe dollar index stood at 92.6 on Tuesday, not far from its highest in 3 weeks, amid growing expectations that the Federal Reserve could start taper bonds purchases as soon as November in spite of a surge in COVID-19 infections. The Philadelphia Fed President Harker became the latest official to say he would back the start of tapering this year following the Dallas Fed President Robert Kaplan and Bank of New York President Williams. Traders now await the CPI reading later in the day, while retail sales and industrial production data will be due later in the week.2021-09-14T06:16:25.24"
Oracle earnings at 1.03 USD,Earnings,"Oracle earnings at 1.03 USDUnited States EarningsOracle (ORCL) released earnings per share at 1.03 USD, compared to market expectations of 0.97 USD.2021-09-13T21:25:11.09"
US Futures Rebound to Start the Week,Stock Market,"US Futures Rebound to Start the WeekUnited States Stock MarketUS futures were higher on Monday, attempting to rebound from big losses last week, which saw the S&P 500 having its worst performance since June and the Nasdaq the weakest since July. Traders continue to digest signs of slowing growth amid the spread of the coronavirus delta variant, uncertainty over when the Fed will start reducing asset purchases, and worries that supply disruptions will weigh on corporate profits. CPI data due tomorrow will provide more clues on inflationary pressures and retail sales and industrial production due later in the week will also give an update on the American economy recovery.2021-09-13T09:00:00"
Treasury Yields Edge Down to Start the Week,Government Bond 10Y,"Treasury Yields Edge Down to Start the WeekUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.33%, remaining below a 2-month high of 1.38% hit last week, as investors await fresh CPI data for the US which will provide an update on inflationary pressures in the US and could offer some clues on when the Fed will start reducing bond purchases. Some investors pushed back expectations for when the Fed will begin reducing bond purchases after a disappointing payrolls report but several Fed officials have been supporting the start of tapering this year.2021-09-13T08:17:00"
US Dollar Strengthens,Currency,"US Dollar StrengthensUnited States CurrencyThe dollar index was at 92.66 on Monday, off the recent low of 91.94, amid risk aversion as a surge in COVID-19 cases was seen in vaccinated countries, such as Britain and Singapore. Meantime, CNN reported that the Biden administration is set to announce new coronavirus-related measures in relation to incoming travelers, ahead of the next meeting of the UN General Assembly later in the week. In recent data, US producer inflation was at 0.7% mom in August, above expectations of 0.6%,  leading to the biggest annual gain in nearly 11 years. Traders now anticipate the US consumer price data on Tuesday.2021-09-13T04:32:00"
US Equities Set to Open Higher to Start the Week,Stock Market,"US Equities Set to Open Higher to Start the WeekUnited States Stock MarketUS stock futures traded modestly higher on Monday, amid US-China optimism after a phone call between President Joe Biden and premier Xi Jinping Thursday aiming at managing competition between their countries. In business news, Bloomberg News said Sunday that Carlyle Group Inc is considering either a $6 billion sale or IPO for packaging company Novolex Holdings. Meantime, the WSJ said that ViacomCBS Inc is revamping the operations of its Paramount Pictures under a broader management shake-up. Traders now await US consumer prices data Tuesday and retail sales Thursday. On Friday, the Wall Street selloff accelerated, with the Dow Jones falling for the 5th straight session as Apple tumbled after a federal judge ruled that the tech giant can no longer force developers to use in-app purchasing. The S&P lost 0.8%, also its 5th drop. For the week, the Dow Jones dropped about 2.2%, the S&P 500 dipped 1.7%, their biggest weekly fall since June. The Nasdaq Composite sank 1.6%.2021-09-13T02:56:00"
US Wholesale Inventories Unrevised in July,Wholesale Inventories,"US Wholesale Inventories Unrevised in JulyUnited States Wholesale InventoriesWholesale inventories in the US increased 0.6 percent month-over-month to $722 billion in July of 2021, in line with the preliminary estimate and easing from a 1.2 percent rise in June. It was the twelfth consecutive month of gains. Durable goods rose more than anticipated (1 percent vs 0.9 percent in June) while nondurable goods inventories declined (-0.1 percent vs 0.2 percent in the preliminary estimate). On a yearly basis, wholesale inventories advanced 11.5 percent in July.
2021-09-10T14:05:08.367"
10-Year Treasury Yield Edges Up to End Volatile Week,Government Bond 10Y,"10-Year Treasury Yield Edges Up to End Volatile WeekUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged up to 1.32% on Friday, higher than 1.29% in the previous session but below a near 2-month high of 1.38% early in the week. Yields have been volatile this week as investors remain concerned over slower growth as the coronavirus delta variant continues to spread and are uncertain about the timing of Fed tapering. The US economy added only 235K jobs in August, the lowest in 7 months while wage growth continues to increase. At the same time, the Fed's Beige Book showed the American economy ""downshifted slightly"" in August but initial claims fell more than expected last week. Some traders started to push back expectations for when the Fed will begin reducing bond purchases but comments from few Fed officials this week, show the central bank will likely begin tapering before the end of the year.2021-09-10T07:54:05.15"
Dollar on Course for Weekly Gains,Currency,"Dollar on Course for Weekly GainsUnited States CurrencyThe dollar index was little changed at 92.4 on Friday and is on track to rise 0.4% for the week which would be the first weekly gain in three after the number of Americans seeking unemployment benefits fell last week to 310 thousand, the lowest level in nearly 18 months. Meantime, President Joe Biden outlined Thursday a broad plan to boost COVID-19 vaccination rates in the US, pressuring private employers to immunize their workforce as well as mandating the shots for federal employees, contractors, and health care workers. In Europe, the ECB said it will moderately slow the pace of bond purchases during its latest policy meeting. 2021-09-10T05:02:00"
US Crude Inventories Fall Less than Forecast,Crude Oil Stocks Change,"US Crude Inventories Fall Less than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 1.529 million barrels in the week ending September 3rd to 423.9 million barrels, a fifth period of decline to the lowest level since September 2019 and compared with market forecasts of a 4.612 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories slumped by 7.215 million barrels, the largest decrease since the first week of March and compared with market forecasts of a 3.39 million drop.2021-09-09T15:04:00"
Dollar Edges Lower after ECB,Currency,"Dollar Edges Lower after ECBUnited States CurrencyThe dollar index retreated to 92.5 on Thursday, after touching a 2-week high of 92.8 in the previous session, after the ECB said it will moderately slow the pace of bond purchases during the latest policy meeting. Meanwhile, traders started to push back expectations for when the Federal Reserve will begin reducing bond purchases after a disappointing payrolls report. Still, Dallas President Robert Kaplan said he would back the start of tapering from October, and Bank of New York President John Williams said “it could be appropriate” to begin tapering before the end of the year.2021-09-09T12:17:00"
Dow Jones above 35000,stock market,Dow Jones above 35000United States stock marketDow Jones rose above 35000 points.2021-09-09T11:54:41.257
US Treasury Yields Edge Lower,Government Bond 10Y,"US Treasury Yields Edge LowerUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged lower to 1.33% on Thursday, after touching a near 2-month high of 1.38% early in the week, amid a general risk-off sentiment. Investors remain concerned over slower growth as the coronavirus delta variant continues to spread and bet the Fed will delay its plans for tapering. The US economy added only 235K jobs in August, the lowest in 7 months while wage growth continues to increase. At the same time, the Fed's Beige Book showed the American economy ""downshifted slightly"" in August. Meanwhile, a $38 billion auction for 10-year notes saw strong demand. Treasury will also offer $24 billion in 30-year bonds on Thursday.2021-09-09T08:12:19.057"
Dollar at Near 2-Week High,Currency,"Dollar at Near 2-Week HighUnited States CurrencyThe dollar index was around 92.6 on Thursday, close to levels not seen in nearly 2 weeks amid a cautious risk sentiment. Concerns over the spread of the coronavirus delta variant and its impact on the economic recovery persist and investors await more hints from central banks on when they will start cutting stimulus. Dallas President Robert Kaplan said based on the current outlook he would back a September announcement of a tapering in bond purchases and a possible start in October and Bank of New York President John Williams said “it could be appropriate” to begin tapering before the end of the year. Meanwhile, the ECB is also seen debating a cut in pandemic stimulus. 2021-09-09T07:33:00"
US Consumer Credit Growth Misses Expectations,Consumer Credit,"US Consumer Credit Growth Misses ExpectationsUnited States Consumer CreditConsumer credit in the United States increased by USD 17.0 billion in July of 2021, following an upwardly revised USD 37.86 billion gain in the previous month, missing market expectations of a USD 25 billion rise. Revolving credit increased by USD 5.56 billion while non-revolving credit went up by USD 11.45 billion.2021-09-08T19:05:13.317"
US 10-Year Treasury Yield Edges Down to 1.36%,Government Bond 10Y,"US 10-Year Treasury Yield Edges Down to 1.36%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.36% on Wednesday after touching a near 2-month high of 1.38% in the previous session, as investors remain concerned over slower growth as the coronavirus delta variant continues to spread. The US economy added only 235K jobs in August, the lowest in 7 months. At the same time, a disappointing payrolls report tempered expectations that the Federal Reserve would soon start tapering its bond buying program.2021-09-08T07:18:08.167"
Dow Jones above 35000,stock market,Dow Jones above 35000United States stock marketDow Jones rose above 35000 points.2021-09-08T07:08:52.69
US Stock Futures Steady,Stock Market,"US Stock Futures SteadyUnited States Stock MarketUS stock futures were little changed on Wednesday after Wall Street ended mostly lower overnight as tepid payrolls data in August released last Friday raised concerns that US economic recovery is slowing down amid rising cases of the Delta variant. On the corporate side, PayPal Holdings Inc said Tuesday it would acquire Japanese buy now, pay later firm Paidy for $2.7 billion in cash, as the US payments company looks to expand its reach in Asia. Regarding the pandemic, President Joe Biden reportedly will outline a plan to tackle the highly contagious Delta variant on Thursday. Meantime, the US CDC warned Tuesday against traveling to Jamaica, Sri Lanka, and Brunei due to the pandemic situation in those countries. The Dow Jones sank 269 points or 0.76% to end at 35,100 on Tuesday and the S&P 500 fell 15 points or 0.34% to 4,520. Meantime, the Nasdaq was up 11 points or 0.1% to 15,374.2021-09-08T03:38:00"
US Stocks Close Mostly Lower,Stock Market,"US Stocks Close Mostly LowerUnited States Stock MarketThe Dow Jones dropped more than 260 points and the S&P went down 0.3% to start a holiday-shortened week, as concerns over the spread of the coronavirus delta variant and an economic slowdown more than offset the probability that the Fed may delay its stimulus tapering, following a disappointing payrolls report last week. Meanwhile, the Nasdaq edged up less than 0.1% to reach a fresh record high for the 4th day in a row boosted by big tech such as Apple. 2021-09-07T20:04:00"
US 10Y Bond Yield Hits 7-week High,Government Bond 10Y,"US 10Y Bond Yield Hits 7-week Highunited states Government Bond 10YThe yield on the benchmark 10-year Treasury note rose to almost 1.38% on Tuesday, its highest level since July 13th, as concerns grew over the spread of the coronavirus delta variant and its impact on economic recovery. Last Friday, data showed the US economy added 235K jobs in August, a seven-month low and well below forecasts of 750K as a surge in COVID-19 infections may have discouraged companies from hiring and workers from actively looking for a job and sharp increase in wages added to inflation concerns. Also, the expectations that the Federal Reserve would soon start tapering its bond-buying program were tempered as the central bank is closely monitoring the recovery in the labor market.2021-09-07T14:02:00"
Wall Street Lower to Start the Week,Stock Market,"Wall Street Lower to Start the WeekUnited States Stock MarketUS stocks turned lower to start a holiday-shortened week, as concerns over the spread of the coronavirus delta variant and an economic slowdown more than offset the probability that the Fed may delay its stimulus tapering, following a disappointing payrolls report last week. Traders now await jobless claims data on Thursday and producer prices on Friday for a further update on the American economic recovery.2021-09-07T13:32:00"
Dollar Bounces Back from 1-Month Lows,Currency,"Dollar Bounces Back from 1-Month LowsUnited States CurrencyThe dollar index edged up to 92.4 on Tuesday, moving away from one-month lows early in the month, and tracking a rise in Treasury yields. Investors pushed back expectations for when the Federal Reserve will begin reducing bond purchases after a disappointing payrolls report while expecting the ECB to debate a cut in stimulus later in the week.2021-09-07T13:26:04.617"
US Futures Wobble on Tuesday,Stock Market,"US Futures Wobble on TuesdayUnited States Stock MarketUS futures were little changed to start a holiday-shortened week, as investors worry over the spread of the coronavirus delta variant and prospects of an economic slowdown while bets increase that the Fed may delay its stimulus tapering, following a disappointing payrolls report last week. Investors now await jobless claims data on Thursday and producer prices on Friday for a further update on the American economic recovery. 2021-09-07T12:51:00"
Dollar Little Changed at 92.2,Currency,"Dollar Little Changed at 92.2United States CurrencyThe dollar index has been trading around 92.2 this week, close to levels not seen in a month, as traders pushed back expectations for when the Federal Reserve will begin reducing bond purchases after a disappointing payrolls report. The US economy added only 235 thousand jobs in August, missing market expectations of 750 thousand, as a surge in COVID-19 infections may have discouraged companies from hiring and workers from actively looking for a job. At the same time, growth in average hourly earnings came in stronger-than-expected, raising concerns about inflationary pressure. Traders will also be looking for any clues regarding a cut in stimulus by the ECB when the central bank decides on monetary policy later in the week. 2021-09-07T07:42:00"
US Equities Poised for Higher Open,Stock Market,"US Equities Poised for Higher OpenUnited States Stock MarketUS stock futures rose modestly on Tuesday, supported by hopes that US interest rates would stay low for longer. Investors were still assessing a weaker-than-expected US jobs report, which showed the US economy added 235K jobs in August, well below forecasts of 750K as a surge in COVID-19 infections may have discouraged companies from hiring and workers from actively looking for a job. Data also pointed to a sharp increase in wages, adding to inflation concerns. Elsewhere, the global sentiment was lifted by talk of more stimulus in Japan and China. US markets were closed for Labor Day on Monday. On Friday, the Dow Jones lost 75 points and the S&P 500 was flat, while the Nasdaq rose 0.2% helped by tech stock gains.2021-09-07T04:06:00"
US 10Y Bond Yield Holds Above 1.32%,Government Bond 10Y,"US 10Y Bond Yield Holds Above 1.32%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note held above 1.32% in early September, its highest level in over a week, after weaker-than-expected labor market data added to signs of a slowdown in US economic growth. Also, the payrolls number put in question the Fed's pledge to wind down bond purchases. The US economy added 235K jobs in August, a seven-month low and well below forecasts of 750K as a surge in COVID-19 infections may have discouraged companies from hiring and workers from actively looking for a job.2021-09-06T08:30:00"
US Stock Futures Trade Mixed,Stock Market,"US Stock Futures Trade MixedUnited States Stock MarketUS stock futures lacked direction on Monday amid muted trading as the stock exchanges are closed today for the Labor Day holiday. On Friday, the Dow Jones lost 75 points, the S&P 500 edged lower and the Nasdaq was up 0.2% supported by tech stocks after a disappointing NFP number put in question the strength of the economic recovery. The US economy added 235K jobs in August, well below forecasts of 750K as a surge in COVID-19 infections may have discouraged companies from hiring and workers from actively looking for a job. The Fed officials have been pledging to start reducing stimulus this year but weakness in the labour market may delay it.

2021-09-06T03:25:00"
US Composite PMI Confirmed at 8-Month Low,Composite PMI,"US Composite PMI Confirmed at 8-Month LowUnited States Composite PMIThe IHS Markit US Composite PMI was confirmed at 55.4 in August 2021, down from 59.9 in the previous month, to signal the slowest expansion in private sector output in 2021 to date. The slower overall upturn stemmed from weaker expansions in the manufacturing and service sectors. Overall new business and employment increased at softer rates, while backlogs of work rose markedly. Meanwhile, Inflationary pressures across the private sector remained elevated midway through the third quarter, as input costs rose substantially and the rate of charge inflation ticked higher.2021-09-03T13:59:45.383"
US Service Sector Expands the Least in 8 Months,Services PMI,"US Service Sector Expands the Least in 8 MonthsUnited States Services PMIThe IHS Markit US Services PMI stood at 55.1 in August 2021, little-changed from a preliminary estimate of 55.2 and well below July's 59.9. The latest data signaled a strong upturn in business activity across the U.S. service sector, albeit the slowest since December 2020. New order growth slowed to the weakest since August 2020, with foreign client demand fell at the fastest pace in 2021 to date. Meanwhile, service providers registered broadly unchanged employment levels, while backlogs of work rose markedly and at the fastest pace since data collection began in October 2009. On the price front, rates of input cost and output charge inflation quickened slightly as hikes in supplier and wage bills were partly passed on to clients. Finally, business expectations improved in August, due to hopes of an end to pandemic uncertainty and a further boost to client demand.2021-09-03T13:55:00"
US 10Y Bond Yield Rises After US Payroll Miss,Government Bond 10Y,"US 10Y Bond Yield Rises After US Payroll MissUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose to above 1.32% on Friday after disappointing payrolls number put in question Fed's pledge to wind down bonds purchases. The US economy added 235K jobs in August of 2021, the lowest in 7 months and well below forecasts of 750K as a surge in COVID-19 infections may have discouraged companies from hiring and workers from actively looking for a job. 2021-09-03T12:39:00"
US Wages Growth Tops Estimates,Average Hourly Earnings,"US Wages Growth Tops EstimatesUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls rose by 17 cents, or 0.6% to $30.73 in August of 2021, following increases in the prior 4 months and above market estimates of 0.3%. In August, average hourly earnings of private-sector production and nonsupervisory employees rose by 14 cents to  $25.99. The data for recent months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages. However, because average hourly earnings vary widely across industries, the large employment fluctuations since February 2020 complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 4.3%, above market expectations of 4%.2021-09-03T12:31:00"
US Jobless Rate to Drop to 5.2%,Unemployment Rate,"US Jobless Rate to Drop to 5.2%United States Unemployment RateThe US unemployment rate likely fell last month to 5.2 percent, a new pandemic low, as the labor market consolidated its recovery following business reopenings in the US and despite reports of labor supply shortages and concerns over the lingering threat of the COVID-19 resurgence. The rate would still remain well above the pre-crisis level of about 3.5 percent, but should decline further in the coming months helped by strong economic activity and demand for labor.2021-09-03T09:38:06.077"
US Treasury Yields Steady ahead of Payrolls,Government Bond 10Y,US Treasury Yields Steady ahead of PayrollsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was little changed at 1.3% on Friday as investors await the payrolls report as some confusion remains regarding the strength of US labour market recovery. Initial jobless claims fell more than expected to 340K in the latest week and job cuts were the lowest in 24 years but the ADP report showed the private employment grew much less than expected. The Federal Reserve is focusing on the recovery in the labor market to set the timeline to monetary policy tightening in the US. 2021-09-03T08:35:00.677
Dollar Hits 1-Month Low Ahead of Job Data,Currency,"Dollar Hits 1-Month Low Ahead of Job DataUnited States CurrencyThe dollar index stood at 92.2 against a basket of currencies on Friday, having touched 92.151 for the first time since August 5th earlier in the session, ahead of a crucial US jobs report. Investors wait to see if there is any sign of strong labor market recovery, a condition defined by the US Federal Reserve for paring pandemic-era asset purchases. The dollar had been strengthening for most of last month, hitting a 9-1/2-month high of 93.734 on August 20th, on the view that a taper could be imminent. However, a spike in COVID-19 cases and mixed economic data have pushed back tapering expectations. Earlier this week, data showed layoffs dropped to their lowest in more than 24 years, while the ADP National Employment Report on Wednesday showed a smaller-than-expected increase in private employment.2021-09-03T06:51:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 45472021-09-03T02:59:15.453
Avago Technologies earnings at 6.96 USD,Earnings,"Avago Technologies earnings at 6.96 USDUnited States EarningsAvago Technologies (AVGO) released earnings per share at 6.96 USD, compared to market expectations of 6.88 USD.2021-09-02T20:33:53.083"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyDXY decreased to a 4-week low of 92.2572021-09-02T17:38:40.547
Dollar Remains at 1-Month Low,Currency,"Dollar Remains at 1-Month LowUnited States CurrencyThe dollar index remained near 4-week lows of 92.5 at the beginning of September, as investors look forward to Friday’s payroll report for a clearer direction on the labour market recovery. Initial claims fell more than expected to a new pandemic low and the job cuts were the lowest in 24 years but the ADP report yesterday showed the private employment grew much less than expected. The Fed is focusing on its recovery to set the timeline to monetary policy tightening in the US.2021-09-02T12:48:00"
US Exports at Over 2-Year High,Exports,"US Exports at Over 2-Year HighUnited States ExportsExports from the US were up 1.3% mom to $212.9 billion in July of 2021, the highest since May of 2019, led by sales of capital goods ($1 billion), gem diamonds ($0.6 billion), autos ($0.6 billion), trucks, buses, and special purpose vehicles ($0.4 billion), auto parts ($0.3 billion), other business services ($0.2 billion) and charges for intellectual property products ($0.1 billion).2021-09-02T12:39:05.387"
US Labour Productivity Below Expectations,Productivity,"US Labour Productivity Below ExpectationsUnited States ProductivityNonfarm labor productivity in the US rose by an annualized 2.1 percent in the second quarter of 2021, below a preliminary estimate of a 2.3 percent increase and after a 4.3 percent gain in the prior period. Output increased 8.1 percent (vs 8.4 percent in Q1) and hours worked increased 6.0 percent (vs 4 percent). Year-on-year, nonfarm business sector labor productivity increased 1.8 percent, easing from a 4.1 percent advance.2021-09-02T12:37:00"
US Trade Gap Below Forecasts,Balance of Trade,"US Trade Gap Below ForecastsUnited States Balance of TradeThe US trade deficit narrowed to $70 billion in July of 2021, slightly below market forecasts of a $71 billion gap, mainly due to a drop in the goods deficit to $87.7 billion and a decrease in the services surplus to $17.7 billion. Exports were up 1.3% mom to $212.9 billion, the highest since May of 2019, led by sales of capital goods, gem diamonds, autos and parts, trucks, buses, and special purpose vehicles, other business services and charges for intellectual property products. Imports edged down 0.2% mom to $282.9 billion, after touching a record high of $283.3 billion in June, led by falls in purchases of toys, games, and sporting goods, cell phones, nonmonetary gold and lumber. The deficit with China decreased $2.0 billion to $25 billion in July and the gap with Canada fell $1.9 billion to $3.6 billion while the shortfall with Mexico widened by $1.3 billion to $8.5 billion.2021-09-02T12:34:00"
US Labour Costs Rise More than Initially Thought,Labour Costs,"US Labour Costs Rise More than Initially ThoughtUnited States Labour CostsUnit labor costs in the US nonfarm business sector increased an annualized 1.3 percent in the second quarter of 2021, compared to initial estimates of a 1 percent gain and following a 2.8 percent drop in the previous period. It reflects a 3.4 percent increase in hourly compensation and a 2.1 percent increase in productivity. Unit labor costs increased 0.2 percent over the last four quarters, as hourly compensation increased 2.0 percent and productivity increased 1.8 percent.2021-09-02T12:33:00"
US Initial Jobless Claims to Hit New Pandemic Low,Initial Jobless Claims,"US Initial Jobless Claims to Hit New Pandemic LowUnited States Initial Jobless ClaimsInitial jobless claims likely fell last week to a new pandemic low of 345 thousand, after a modest uptick in the previous period, as the labor market consolidates its recovery following business reopenings in the US and despite lingering concerns over the ongoing COVID-19 resurgence. At the same time, labor supply shortages continued to have a strong impact on the economy as employers struggle to find enough qualified workers to fill vacancies. The number of new claimants is expected to decline further in the coming weeks and months as the pandemic-era programs, including both regular state and enhanced federal unemployment benefits, will expire by September 6th in the about two dozen states still offering them.2021-09-02T10:23:37.177"
US 10-Year Treasury Note Yield Remains Near 1.3%,Government Bond 10Y,"US 10-Year Treasury Note Yield Remains Near 1.3%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note remained near 1.3% for a second session on Thursday as investors await Friday's payrolls report as some confusion remains regarding the strength of US labour market recovery. Initial jobless claims fell more than expected to 340K in the latest week, job cuts were the lowest in 24 years but the ADP report yesterday showed the private employment grew much less than expected. The Federal Reserve is focusing on the recovery in the labor market to set the timeline to monetary policy tightening in the US. Meanwhile, Germany's 10-year Bund yield remained near -0.38%, its highest level since July 19th, as signs are emerging that a European Central Bank may start to limit the emergency bond-buying. Eurozone inflation surged to a 10-year high in August and a few ECB policymakers made hawkish comments this week.2021-09-02T09:05:00"
US Shares Set to Open in the Red,Stock Market,"US Shares Set to Open in the RedUnited States Stock MarketUS equities futures moved slightly lower on Thursday after the ADP National Employment Report on Wednesday showed private businesses in the US hiring 374 thousand workers in August, missing consensus by a wide margin. Meantime, the IHS Markit Manufacturing PMI was revised down in August to the lowest in four months. Traders now await the US payrolls report for August on Friday as the Fed is focusing on recovery in the labor market to set the timeline to monetary policy tightening. Chipmaker Broadcom is scheduled to report quarterly results after the bell Thursday. On Thursday, Wall Street closed mixed, as a strong ISM Manufacturing PMI number was not enough to offset the ADP report.  The Dow Jones Industrial Average fell 0.1% to close at 35,312. The S&P 500 rose 1.41 points to 4,524, while the Nasdaq climbed 0.3% to a record 15,309.2021-09-02T04:28:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 45372021-09-01T17:30:59.86
US Crude Stocks Fall for 4th Week,Crude Oil Stocks Change,"US Crude Stocks Fall for 4th WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 7.169 million barrels in the week ending August 27th, a fourth consecutive period of declines and compared with market forecasts of a 3.088 million drop, data from the EIA Petroleum Status Report showed. Meanwhile, gasoline inventories were up by 1.29 million barrels, defying expectations of a 1.633 million fall.2021-09-01T14:55:44.66"
Dollar Falls Back to 1-Month Lows,Currency,"Dollar Falls Back to 1-Month LowsUnited States CurrencyThe dollar index erased early gains to fall back below 92.5 on Wednesday, hovering around its weakest level in a month, after the ADP employment report showed the US private sector added fewer jobs than expected in August. The ISM PMI survey, however, pointed to strong manufacturing growth over the same period, even as the measure of factory employment contracted last month and fell to its lowest level since November. Last week, Powell said the Fed will likely reduce stimulus this year although there is nothing certain about hiking rates, a sign the Fed's policy support will be withdrawn cautiously and gradually. Meanwhile, the US payrolls report will be in the spotlight on Friday as the Fed is focusing on recovery in the labor market to set the timeline to monetary policy tightening in the US.2021-09-01T14:13:00"
US Construction Spending Rises More than Expected,Construction Spending,"US Construction Spending Rises More than ExpectedUnited States Construction SpendingConstruction spending in the US went up 0.3 percent from the previous month to a seasonally adjusted annual rate of USD 1.569 trillion in July of 2021 after showing no growth in June and above market expectations of a 0.2 percent gain. Spending on private construction increased 0.3 percent and public construction outlays rose 0.7 percent, led by increases in Power  (2.3 percent), highway and street (1.9 percent) and commercial (1.7 percent). 2021-09-01T14:05:00"
US Manufacturing PMI at 4-Month Low: Markit,Manufacturing PMI,"US Manufacturing PMI at 4-Month Low: MarkitUnited States Manufacturing PMIThe IHS Markit Manufacturing PMI for the US was revised slightly down to 61.1 in August of 2021 from a preliminary of 61.2. The reading fell from a record of 63.4 in July, pointing to the slowest growth in factory activity in 4 months. The expansion was supported by steep upturns in production and new orders. Nevertheless, output growth was reportedly hampered by capacity constraints and material shortages. Lead times for inputs extended further as cost burdens soared, with the pace of inflation reaching a fresh series high. Although output expectations strengthened, employment growth eased as firms struggled to retain staff and find suitable candidates for current vacancies.2021-09-01T13:48:13.687"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 156332021-09-01T13:30:00.84
DXY Recovers Slightly,Currency,"DXY Recovers SlightlyUnited States CurrencyThe dollar index edged higher on Wednesday to 92.78, rebounding slightly from more than a 2-week low of 92.4 reached in the previous session, as traders digested a dovish stance from Fed Chair Powell and await fresh US data. Last week, Powell said the Fed will likely reduce stimulus this year although there is nothing certain about hiking rates, a sign the Fed's policy support will be withdrawn cautiously and gradually. Meanwhile, the US payrolls report will be in the spotlight on Friday as the Fed is focusing on recovery in the labor market to set the timeline to monetary policy tightening in the US.2021-09-01T07:01:09.383"
US 10-Year Treasury Note Turns Higher,Government Bond 10Y,"US 10-Year Treasury Note Turns HigherUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note turned higher to above 1.3%, after some ECB officials are turning more hawkish and as investors are waiting for key US data releases. A Dutch central governor Klass Knot said that the immediate slowdown in European Central Bank stimulus may be justified and the emergency bond-buying could be stopped in March as the euro zone’s inflation outlook may have improved markedly. Meanwhile, the US payrolls report will be in the spotlight on Friday as the Fed is focusing on recovery in the labor market to set the timeline to monetary policy tightening in the US. 2021-08-31T22:43:00"
US Crude Stocks Fall More Than Expected: API,API Crude Oil Stock Change,"US Crude Stocks Fall More Than Expected: APIUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 4.045 million barrels in the week ended August 27th of 2021, following a 1.622 million barrels drop in the previous week, and marking the sixth straight weekly decline, data from the American Petroleum Institute showed. It compares with market expectations of a 2.833 million fall.
2021-08-31T20:37:00"
S&P and Nasdaq End August Close to Record Levels,Stock Market,"S&P and Nasdaq End August Close to Record LevelsUnited States Stock MarketUS stocks closed marginally lower but remained close to record levels on Tuesday and book solid monthly gains as strong corporate results, a dovish Fed, and prospects of a rise in vaccination rates have continued to lift investors' mood. The Dow Jones and the S&P 500 both lost 0.1%, while the Nasdaq Composite was down just 0.04%. Still, in August the Dow Jones managed to book 1% gain; the Nasdaq added 4%, the 3rd straight month of gains; and the S&P 500 was up 3%, the 7th-straight winning month and the longest winning streak since December 2017. Markets now turn their attention to the data including the August payroll report and manufacturing PMI to measure the impact of the rapid spread of the coronavirus delta variant on the economic recovery. 2021-08-31T20:33:00"
Chicago PMI Tumbles in August,Chicago PMI,"Chicago PMI Tumbles in AugustUnited States Chicago PMIThe Chicago Business Barometer fell to 66.8 in August of 2021 from 73.4 in July, below market forecasts of 68. Order backlogs rose sharply while production sank. Firms say the available supply of raw materials and workers isn’t sufficient to keep up with new orders. The prices paid subindex hit the highest level since 1979 as companies continued to report higher costs for production materials. Also, demand for labor rose only slightly as firms struggled to find qualified workers for available jobs.2021-08-31T13:53:25.657"
US Stocks Wobble to End August,Stock Market,"US Stocks Wobble to End AugustUnited States Stock MarketUS stocks swung between small gains and losses but remained close to record levels on Tuesday after both the S&P 500 and the Nasdaq rose to all-time-highs in the previous session. Still, three main stock indexes are on track to book solid monthly gains as strong corporate results, a dovish Fed and prospects of a rise in vaccination rates have lifted investors' mood. Markets now turn their attention to the data including the August payroll report and manufacturing PMI to measure the impact of the rapid spread of the coronavirus delta variant on the economic recovery. The S&P 500 is set to end August 3% higher, the longest winning streak since December 2017; the Nasdaq may add 4%, the 3rd straight month of gains and the Dow Jones is on course for a nearly 1% rise.2021-08-31T13:33:00"
US House Prices Continue to Rise Solidly: FHFA,FHFA House Price Index MoM,"US House Prices Continue to Rise Solidly: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 1.6 percent from a month earlier in June 2021, following a revised 1.8 percent gain in May. For the nine census divisions, seasonally adjusted monthly house price changes ranged from +0.8 percent in the West North Central division to +2.6 percent in the Mountain division. Year-on-year, house prices surged 18.8 percent in June, the largest gain on record. Considering the second quarter as a whole, prices were up by 4.9 percent from the first quarter of the year and by 17.4 percent from the same three-month period of 2020.2021-08-31T13:10:00"
US Futures Cautious to End August,Stock Market,"US Futures Cautious to End AugustUnited States Stock MarketUS futures reversed small early gains to trade around the flatline but hovered at record levels after both the S&P 500 and the Nasdaq rose to all-time-highs in the previous session. Still, three main stock indexes are on track to book solid monthly gains as strong corporate results, a dovish Fed and prospects of a rise in vaccination rates have lifted investors' mood. Markets now turn their attention to the data including the August payroll report and manufacturing PMI to measure the impact of the rapid spread of the coronavirus delta variant on the economic recovery. The S&P 500 is set to end August 3% higher, the longest winning streak since December 2017; the Nasdaq may add 4%, the 3rd straight month of gains and the Dow Jones is on course for a nearly 1% rise. 2021-08-31T12:18:00"
US Treasury Yields at 1-Week Low,Government Bond 10Y,"US Treasury Yields at 1-Week LowUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note retreated to 1.27% on Tuesday, the lowest in a week, and well below 1.375% last week, as investors digest a dovish stance from Fed Chair while awaiting the payrolls report on Friday. Jerome Powell said during the Jackson Hole the Fed will likely reduce stimulus this year although he gave no tapering timeline and added that interest rate hikes are still off in the distance. The payrolls report and ISM PMIs due this week will provide an update on the American economic recovery and strong figures could steepen the Treasury yield curve.2021-08-31T07:51:26.587"
Dollar Stays at 2-Week Low,Currency,"Dollar Stays at 2-Week LowUnited States CurrencyThe dollar index hovered near two-week lows against a basket of currencies on Tuesday, as traders digested a dovish stance from Fed Chair Powell and await US payroll reports and ISM PMIs later in the week. During the Jackson Hole symposium, Powell said the Fed will likely reduce stimulus this year although there is nothing certain about hiking rates, a sign the Fed's policy support will be withdrawn cautiously and gradually. 2021-08-31T06:11:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 45382021-08-31T04:55:32.26
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX CFD increased to an all-time high of 156222021-08-31T04:49:55.237
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 45182021-08-30T13:48:50.713
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 155032021-08-30T13:45:47.037
Dollar at 2-Week Low,Currency,"Dollar at 2-Week LowUnited States CurrencyThe dollar index remained below 93 on Monday, close to levels not seen in 2 weeks, as investors digest a dovish stance from Fed Chair Powell. Jerome Powell said during the Jackson Hole symposium the Fed will likely reduce stimulus this year although there is nothing certain about hiking rates, a sign the Fed's policy support will be withdrawn cautiously and gradually. Meanwhile, several economic releases due this week including the payrolls report and ISM PMIs will show the state of US economic recovery.2021-08-30T07:28:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 154472021-08-29T23:35:53.997
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 45132021-08-29T22:14:49.387
The Dow Jones Index went up by 0.67%,Stock Market,"The Dow Jones Index went up by 0.67%United States Stock MarketUnited States Stock Market gained 236 points. Gains were led by Dow Inc (3.04%), Boeing (2.45%) and Walt Disney (2.02%). Biggest losers were Walmart (-0.57%), Merck & Co (-0.34%) and Salesforce.com (-0.32%).2021-08-27T20:30:01.917"
Russell 2000 Hits 6-week High,Stock Market,Russell 2000 Hits 6-week HighUnited States Stock MarketUS2000 increased to a 6-week high of 22592021-08-27T15:08:03.693
US 10Y Bond Yield Eases After Fed Powell Remarks,Government Bond 10Y,"US 10Y Bond Yield Eases After Fed Powell RemarksUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was down to 1.32% on Friday, moving further away from a one-and-half-month high of 1.37% hit on Thursday, after Federal Reserve Chairman Jerome Powell indicated that the central bank is likely to begin tapering its $120 billion in monthly bond purchases before the end of the year, though he still sees interest rate hikes off in the distance.2021-08-27T14:22:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 154052021-08-27T14:15:00.907
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 45022021-08-27T14:12:19.04
DXY Falls as Powell Say Rate Hikes Aren’t Imminent,Currency,"DXY Falls as Powell Say Rate Hikes Aren’t Imminent United States CurrencyThe dollar index fell more than 0.3% to below 93 after Fed Chair Powell indicated that the central bank will taper by the end of the year, but said there is nothing certain about hiking rates as there is “much ground to cover” before the economy hits full employment. “The timing and pace of the coming reduction in asset purchases will not be intended to carry a direct signal regarding the timing of interest rate liftoff, for which we have articulated a different and substantially more stringent test”2021-08-27T14:11:43.033"
US Consumer Sentiment Remains at Decade Low,Consumer Confidence,"US Consumer Sentiment Remains at Decade LowUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised to 70.3 in August of 2021 from a preliminary reading of 70.2. It is still the weakest reading in more than a decade, mainly due to a slump in the expectations gauge (65.1 vs 79 in July), as personal financial prospects continued to worsen due to smaller income gains amid higher inflationary trends. Consumers' extreme reactions were due to the surging Delta variant, higher inflation, slower wage growth, and smaller declines in unemployment. The extraordinary falloff in sentiment also reflects an emotional response, from dashed hopes that the pandemic would soon end and lives could return to normal. Current economic conditions also worsened (78.5 vs 84.5 in July). Inflation expectations for the year ahead eased to 4.6% from 4.7% in July while the 5-year outlook went up to 2.9% from 2.8%. 2021-08-27T14:04:00"
US PCE Prices Continue to Rise in July,PCE Price Index Monthly Change,"US PCE Prices Continue to Rise in JulyUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States rose 0.4 percent from a month earlier in July 2021, following a 0.5 percent gain in June, boosted by steady increases in cost for goods (0.5 percent vs 0.7 percent in June) and services (0.4 percent, the same as in June). Within goods, prices were up for nondurable (0.6 percent, the same as in June) and durable goods (0.3 percent vs 1.0 percent). Excluding food and energy, PCE prices advanced 0.3 percent in July, in line with market expectations. Year-on-year, the PCE price index advanced 4.2 percent and the core index increased 3.6 percent.2021-08-27T12:39:00"
US Goods Gap Narrows in July,Goods Trade Balance,"US Goods Gap Narrows in JulyUnited States Goods Trade BalanceThe US goods trade deficit narrowed to USD 86.38 billion in July of 2021, the lowest in 3 months, from USD 92.05 billion in the previous month, the advance estimate showed. Exports advanced 1.5 percent to a record USD 147.6 billion, the fifth consecutive month of gains as sales of automotive vehicles (5.1 percent), consumer goods (4.7 percent) and capital goods (2.2 percent) more than offset declines in foods, feeds, & beverages (-0.1 percent) and capital goods (-0.3 percent). Meantime, imports declined 1.4 percent from a record high, due to consumer goods (-4.3 percent), industrial supplies (-3.4 percent), capital goods (-0.3 percent) and foods, feeds, & beverages (-0.5 percent). Meanwhile, purchases of vehicles were up 3.9 percent. 2021-08-27T12:37:00"
US Wholesale Inventories Rise at Slower Pace in July,Wholesale Inventories,"US Wholesale Inventories Rise at Slower Pace in JulyUnited States Wholesale InventoriesWholesale inventories in the US increased 0.6 percent month-over-month to $722 billion in July of 2021, easing from an upwardly revised 1.2 percent rise in June, a preliminary estimate showed. It was the twelfth consecutive month of gains. Both durable goods (0.9 percent vs 1.4 percent in June) and nondurable goods inventories (0.2 percent vs 0.7 percent) grew at a slower rate. On a yearly basis, wholesale inventories advanced 11.5 percent in July.2021-08-27T12:32:00"
US Personal Income Rises More than Forecast,Personal Income,"US Personal Income Rises More than ForecastUnited States Personal IncomePersonal income in the United States rose 1.1 percent from a month earlier in July 2021, following a revised 0.2 percent advance in June and beating market expectations of a 0.2 percent gain. Government social benefits and compensation of employees were mostly behind the growth. Within government social benefits, an increase in ""other"" social benefits including Child Tax Credit payments authorized by the American Rescue Plan was partly offset by a decrease in unemployment insurance like payments from the Pandemic Unemployment Compensation program. Within compensation, the increase was primarily in private wages and salaries.2021-08-27T12:32:00"
US 10Y Bond Yield Remains High,Government Bond 10Y,"US 10Y Bond Yield Remains HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was around 1.34% on Friday, below one-month highs of 1.37% the day before but above levels from last week. Investors await a speech from Fed Chair at the Jackson Hole symposium in the morning for more details about Fed's plans for tapering of the stimulus. Investors were getting more confident the Federal Reserve will delay taper plans amid weak economic data and worries over the spread of the coronavirus delta variant but several officials implied yesterday that the time has come to start cutting on bond purchases. 2021-08-27T08:06:00"
US Dollar Trades around 93,Currency,"US Dollar Trades around 93United States CurrencyThe US dollar index held around 93 against a basket of currencies on Friday, as investors await Federal Reserve Chair Jerome Powell speech later in the day at the Jackson Hole symposium for more details about Fed's plans for tapering of the stimulus. Investors were getting more confident the Federal Reserve will delay taper plans amid weak economic data and worries over the spread of the coronavirus delta variant but several officials implied yesterday that the time has come to start cutting on bond purchases.2021-08-27T05:05:00"
The Dow Jones Index fell 0.54%,Stock Market,"The Dow Jones Index fell 0.54%United States Stock MarketUnited States Stock Market dropped 193 points. Losses were led by Boeing (-2.04%), Nike (-1.70%) and Caterpillar (-1.64%). Offsetting the fall, top gainers were Salesforce.com (2.58%), 3M (0.48%) and JPMorgan Chase (0.45%).2021-08-26T20:30:01.97"
VMware earnings at 1.75 USD,Earnings,"VMware earnings at 1.75 USDUnited States EarningsVMware (VMW) released earnings per share at 1.75 USD, compared to market expectations of 1.62 USD.2021-08-26T20:27:45.357"
Workday earnings at 1.23 USD,Earnings,"Workday earnings at 1.23 USDUnited States EarningsWorkday (WDAY) released earnings per share at 1.23 USD, compared to market expectations of 0.78 USD.2021-08-26T20:16:52.233"
Dollar Strengthens after Comments from Fed Officials,Currency,"Dollar Strengthens after Comments from Fed OfficialsUnited States CurrencyThe dollar index edged slightly higher to 93 on Thursday after the President of the St. Louis Fed James Bullard said he thinks the Fed should begin tapering of asset purchases in the fall and finish the process by the end of Q1 2022 calling for a first-rate hike in late 2022. Meanwhile, the Kansas City Federal Reserve President George said the Fed should start trimming its monthly bond purchases ""sooner rather than later"" and even though the delta variant poses a risk to the US economic outlook. The dollar has been in a tight range this week as investors await the Fed Powell speech tomorrow for more clarity on the Fed's plans for tapering.2021-08-26T13:02:00"
US 10Y Bond Yield Hits 1-1/2-Month High,Government Bond 10Y,"US 10Y Bond Yield Hits 1-1/2-Month HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose above 1.37% on Thursday, its highest level since mid-July, after Federal Reserve official James Bullard reiterated he wants the bond buying to end by early next year, and that a quick end to taper allows optionality for rate hikes. Investors now await a speech from Fed Chair at the Jackson Hole symposium tomorrow for more details about Fed's plans for stimulus. 2021-08-26T12:56:00"
Dollar General earnings at 2.69 USD,Earnings,"Dollar General earnings at 2.69 USDUnited States EarningsDollar General (DG) released earnings per share at 2.69 USD, compared to market expectations of 2.59 USD.2021-08-26T11:23:34.633"
US 10Y Treasury Yields at 2-Week High,Government Bond 10Y,"US 10Y Treasury Yields at 2-Week HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note remained at 2-week highs of 1.35% on Thursday, as investors await a speech from Fed Chair at the Jackson Hole symposium tomorrow for more details about Fed's plans for stimulus. Investors are getting more confident the Federal Reserve will delay taper plans amid weak economic data and worries over the spread of the coronavirus delta variant. 2021-08-26T08:18:00"
Dollar on Hold ahead of Jackson Hole,Currency,"Dollar on Hold ahead of Jackson HoleUnited States CurrencyThe dollar index held around 93 on Thursday, below an over 9-month high of 93.6 in the previous week, as investors are cautious ahead of the Jackson Hole Economic Symposium. Fed Chair Powell is expected to provide some more details on the Fed's plans for tapering tomorrow. Early in the month, investors were expecting the Fed to start reducing stimulus this year but such bets eased during the week amid weak US economic data including flash PMIs and consumer sentiment and concerns over the coronavirus delta variant. The dollar is likely to remain in a tight range until the Powell speech on Friday although fresh data to be released Thursday and Friday including the second estimate for GDP growth and personal spending and PCE inflation could shake the greenback.2021-08-26T07:29:00"
Autodesk earnings at 1.21 USD,Earnings,"Autodesk earnings at 1.21 USDUnited States EarningsAutodesk (ADSK) released earnings per share at 1.21 USD, compared to market expectations of 1.12 USD.2021-08-25T20:22:33.02"
Salesforce.com earnings at 1.48 USD,Earnings,"Salesforce.com earnings at 1.48 USDUnited States EarningsSalesforce.com (CRM) released earnings per share at 1.48 USD, compared to market expectations of 0.92 USD.2021-08-25T20:21:23.143"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 44932021-08-25T14:52:04.04
US Crude Oil Stocks Drop More than Forecasts,Crude Oil Stocks Change,"US Crude Oil Stocks Drop More than ForecastsUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 2.979 million barrels to the lowest level since January of 2020 in the latest week, marking the 3rd consecutive drop in crude stocks and more than market forecasts of a 2.683 million drop, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were down by 2.242 million barrels, much more than forecasts of a 1.557 million decline.2021-08-25T14:34:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 153842021-08-25T13:31:55.57
US 10-Year Treasury Yield Edges Up to 2-Week Highs,Government Bond 10Y,"US 10-Year Treasury Yield Edges Up to 2-Week HighsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note increased to a 2-week high of 1.33% on Wednesday, above 1.26% early in the week as investors are getting more confident the Federal Reserve will delay a stimulus reduction amid weak economic data and worries over the spread of the coronavirus delta variant. Virtual Jackson Hole Symposium starts tomorrow and investors are awaiting Fed Chair Powell's speech on Friday for further clues on the timeline of Fed's taper plans. 2021-08-25T08:48:00"
Dollar on Hold as Investors Await Jackson Hole,Currency,"Dollar on Hold as Investors Await Jackson HoleUnited States CurrencyThe dollar index was slightly up to 93 on Wednesday but remained below an over 9-month high of 93.6 in the previous week, as investors are cautious ahead of the Jackson Hole Economic Symposium later in the week. Fed Chair Powell is expected to provide some more details on the Fed's plans for tapering. Early in the month, investors were expecting the Fed to start reducing stimulus this year but such bets eased during the week amid weak US economic data including flash PMIs and consumer sentiment and concerns over the coronavirus delta variant. The dollar is likely to remain in a tight range until the Powell speech on Friday although fresh data to be released Thursday and Friday including the second estimate for GDP growth and personal spending and PCE inflation could shake the greenback.2021-08-25T08:37:50.45"
US Stocks Set to Open in the Red,Stock Market,"US Stocks Set to Open in the RedUnited States Stock MarketUS stock futures traded slightly lower on Wednesday, amid worries of an early tapering of stimulus by the Federal Reserve. Goldman Sachs said in a note Tuesday that the US central bank will announce the start of a reduction in its bonds purchases in November while predicting Fed officials will likely opt to dial back purchases by $15 billion then and at meetings that follow. Traders now await a highly-anticipated speech by Fed Chair Powell during the virtual Jackson Hole Symposium Friday. Meantime, concerns lingered over rising cases of the Delta strain cases in the US, with Dr. Anthony Fauci warning that the pandemic won't be under control until spring 2022.  Among single stocks, Intuit topped Wall Street's estimates, with an adjusted $1.97 a share on sales of $2.56 billion in Q2. On Tuesday, the Dow Jones rose 30.55 points or 0.1% to 35,366. The S&P 500 gained 0.15% to 4,486, its 50th record high close so far this year. The Nasdaq Composite was up 0.52% to a fresh high of 35,366.2021-08-25T04:00:00"
Intuit earnings at 1.97 USD,Earnings,"Intuit earnings at 1.97 USDUnited States EarningsIntuit (INTU) released earnings per share at 1.97 USD, compared to market expectations of 1.59 USD.2021-08-24T21:28:34.14"
Wall Street Extends Gains,Stock Market,"Wall Street Extends GainsUnited States Stock MarketAll three major US stock indexes edged up on Tuesday, with the S&P 500 and the Nasdaq closing at all-time closing highs on strong corporate earnings, and as investors hope the FDA approval of the Pfizer/BioNTech covid-19 vaccine could boost vaccination rates in the US and the economic recovery. The US could get COVID-19 under control by early next year, with potential wider vaccine approvals coming in the weeks ahead, Dr. Anthony Fauci said on Tuesday. Meanwhile, traders await a highly-anticipated speech by Fed Chairman Powell during the virtual Jackson Hole Symposium on Friday for more clarity on the Fed's tapering timeline. The Dow Jones added 30.55 points, or 0.09% to 35,366.26. The S&P 500 added 0.15% to 4,486.23, its 50th record high close so far this year. The Nasdaq Composite gained 0.52% to a fresh record of 35,366.26.2021-08-24T20:03:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 44902021-08-24T14:16:07.24
US Stocks Extend Gains,Stock Market,"US Stocks Extend GainsUnited States Stock MarketUS stocks were slightly higher on Tuesday, with both the Nasdaq 100 and the S&P 500 hitting fresh records, on strong corporate earnings and as investors hope the FDA approval of the Pfizer/BioNTech covid-19 vaccine could boost vaccination rates in the US and the economic recovery. The US could get COVID-19 under control by early next year, with potential wider vaccine approvals coming in the weeks ahead, Dr. Anthony Fauci said on Tuesday. Meanwhile, traders await a highly-anticipated speech by Fed Chairman Powell during the virtual Jackson Hole Symposium on Friday for more clarity on the Fed's tapering timeline. China-based tech stocks including Alibaba, Didi, Baidu and JD.com were among the best performers boosted by strong earnings results and recovering from big losses early in the month after a regulatory crackdown in China. 2021-08-24T13:31:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 153422021-08-24T13:30:05.07
US Equities Set to Open in the Green,Stock Market,"US Equities Set to Open in the GreenUnited States Stock MarketUS stock futures moved modestly higher on Tuesday after Wall Street rallied overnight following reports that the FDA has granted full approval of the two-dose Pfizer-BioNTech vaccine for COVID-19. At the same time, worries of an imminent tapering of stimulus by the Fed eased after Dallas Fed President Robert Kaplan said on Friday he might reconsider his hawkish stance if the virus harms the economy. Investors now are less confident Fed Chair Powell's speech at Jackson Hole this week will indicate a timeline for reducing the central bank's bond-buying program, according to Reuters. Turning to data, flash Markit PMI figures pointed to slower but still robust growth rates in both services and manufacturing. On Monday, the Dow Jones jumped 216 points to 0.6% to 35,336, the S&P 500 rose 38 points or 0.9% to a fresh high of 4,479, and the Nasdaq climbed 228 points or 1.6% to 14,943.2021-08-24T03:18:00"
The Dow Jones Index went up by 0.62%,Stock Market,"The Dow Jones Index went up by 0.62%United States Stock MarketUnited States Stock Market gained 216 points. Gains were led by Boeing (3.16%), Chevron (2.49%) and Intel (2.35%). Biggest losers were UnitedHealth (-1.10%), Johnson & Johnson (-0.91%) and Walmart (-0.66%).2021-08-23T20:30:01.62"
Dollar Rally Loses Momentum,Currency,"Dollar Rally Loses MomentumUnited States CurrencyThe US dollar index lost further ground on Monday, bottoming around 93 after gaining 1.1% in the previous week hit by flash Markit PMI data that showed US private sector growth slowed to an 8-month low. Still, the greenback is likely to remain strong during the week amid expectations the Fed could start to ease back on asset purchases this year. Investors' attention turns to the Jackson Hole Symposium later in the week when Fed Chair Powell is expected to announce some tips on the taper timeline.2021-08-23T20:30:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 44802021-08-23T14:55:43.307
US Private Sector Activity Growth Eases for 3rd Month,Composite PMI,"US Private Sector Activity Growth Eases for 3rd MonthUnited States Composite PMIThe IHS Markit US Composite PMI declined for the third month in a row to 55.4 in August 2021, from 59.9 in the previous month and well below market consensus of 58.3, a preliminary estimate showed. The latest reading signaled the slowest output expansion since December 2020, as weaker recoveries were seen in both the manufacturing and service sectors due to capacity pressures, material shortages and the spread of the Delta variant. Inflows of new business rose the least in eight months, led by a marked cooling in growth of demand for services, while the pace of job creation was the weakest since July 2020 mainly due to difficulties finding staff. In the meantime, outstanding business rose at near record pace. On the price front, input cost inflation accelerated to the second-fastest on record, while the rate of selling price inflation ticked higher. Finally, US companies remained upbeat regarding the outlook for output over the coming year2021-08-23T13:59:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 151842021-08-23T13:37:38.84
US Chicago Fed National Activity Index Picks Up,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index Picks UpUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index increased to 0.53 in July of 2021 from a downwardly revised -0.01 in June, pointing to a pickup in overall business activity. Production-related indicators contributed +0.38, up from -0.09 in June. The contribution of the sales, orders, and inventories category increased to +0.02 from -0.06; the contribution of the employment, unemployment, and hours category rose to +0.30 from +0.14; while the personal consumption and housing category contributed -0.15,down from +0.01 in June. The index’s three-month moving average, CFNAI-MA3, moved up to +0.23 in July from +0.01 in June.2021-08-23T12:37:00"
US 10-Year Treasury Yield Edges Up on Monday,Government Bond 10Y,"US 10-Year Treasury Yield Edges Up on MondayUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged up to 1.27% on Monday, the highest on a closing basis in near 2 weeks, as investors try to assess the impact the rapid spread of the coronavirus delta variant will have on the economy while awaiting the Jackson Hole Symposium later in the week for an update on the Fed's taper timeline. Several fresh economic indicators due this week will provide a more clear picture about the American economy, including flash PMI figures, new home sales, the second GDP growth estimate, personal spending and PCE inflation. Meanwhile, the Treasury Department will issue this week $60 billion of 2-year notes, $61 billion of 5-year and $62 billion of 7-year notes. 2021-08-23T08:32:30.697"
US Dollar Slips from 9-1/2-Month High,Currency,"US Dollar Slips from 9-1/2-Month HighUnited States CurrencyThe US dollar index edged down to 93.2 against a basket of currencies on Monday, after gaining 1.1% in the previous week. Still, the greenback remains close to levels not seen since November last year, and is likely to remain strong during the week, amid expectations the Fed could start to ease back on asset purchases this year. Investors' attention turn to the Jackson Hole Symposium later in the week when Fed Chair Powell is expected to announce some tips on the taper timeline. 2021-08-23T05:59:00"
"Dollar Strengthens 1% Last Week, Most in 2 Months",Currency,"Dollar Strengthens 1% Last Week, Most in 2 MonthsUnited States CurrencyThe dollar index rose 1% to 93.5 in the third week of August, the most in two months and hovered around its highest level since November 2020 benefiting from safety buying as investors fretted that a surge in infections of the Delta variant could derail the global recovery while Federal Reserve officials started discussing a potential reduction in stimulus this year. Meantime, Dallas Fed President Robert Kaplan said on Friday he may need to adjust his view on when the Fed should start tapering its asset-purchase program if the delta variant persists and hurts economic progress. Many market participants now expect the Fed to announce some tapering timeline during the Jackson Hole Symposium next week, after last FOMC meeting showed Fed officials are likely to reduce stimulus this year. In recent data, US jobless claims fell last week for a fourth straight time to a new pandemic low, as employers boosted hiring to meet a surge in consumer demand.2021-08-20T20:50:00"
The Dow Jones Index went up by 0.66%,Stock Market,"The Dow Jones Index went up by 0.66%United States Stock MarketUnited States Stock Market gained 231 points. Gains were led by Microsoft (2.54%), Home Depot (1.97%) and Cisco Systems (1.70%). Biggest losers were Intel (-0.84%), 3M (-0.65%) and Coca-Cola (-0.45%).2021-08-20T20:30:01.933"
US Treasury Yields End Week Lower,Government Bond 10Y,"US Treasury Yields End Week LowerUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose 2 basis points to 1.260% on Friday, but was still down from 1.283% last week as the spreading Delta variant of the coronavirus contributed to a more uncertain outlook for global economic growth and interest rates which prompted volatility on world stock markets and boosted demand for the safe-haven debt. Dallas Fed President Robert Kaplan said on Friday he may need to adjust his view on the timing of tapering stimulus for the economy if the Delta variant slows economic growth materially. Federal Reserve meeting minutes on Wednesday showed the central bank will likely start to reduce stimulus this year as the standard of ""substantial further progress"" toward inflation has been achieved while the maximum-employment goal had not yet been met. All eyes now turn to the Jackson Hole Symposium next week when Fed officials are expected to announce some details on the exact tapering timeline.2021-08-20T19:48:00"
US 10-Year Treasury Yield Remains Near 2-Week Low,Government Bond 10Y,US 10-Year Treasury Yield Remains Near 2-Week LowUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged higher to 1.255% on Friday but it still remained way below 1.28% hit at the end of last week and 1.78% in late March amid fears that the global economic recovery already under stress from rising covid infections may be further delayed by the early tapering of quantitative easing by the Fed. Federal Reserve meeting minutes on Wednesday showed the central bank will likely start to reduce stimulus this year as the standard of "substantial further progress" toward inflation has been achieved while the maximum-employment goal had not yet been met. All eyes now turn to the Jackson Hole Symposium next week when Fed officials are expected to announce some details on the exact tapering timeline.2021-08-20T14:00:00
US Stocks Rise but are on Track to Book Weekly Losses,Stock Market,"US Stocks Rise but are on Track to Book Weekly LossesUnited States Stock MarketThree main US stock indexes were higher to end a choppy week, led by a rebound in tech shares. On the week however, both the S&P 500 and the Dow are on track to post their worst performances since June, while the Nasdaq is set to see its worst week since May, as investors continue to digest the latest FOMC minutes that showed policymakers will likely start to reduce stimulus this year and concerns over the rapid spread of the coronavirus Delta strain. 2021-08-20T13:34:00"
Deere & Company earnings at 5.32 USD,Earnings,"Deere & Company earnings at 5.32 USDUnited States EarningsDeere & Company (DE) released earnings per share at 5.32 USD, compared to market expectations of 4.49 USD.2021-08-20T12:01:44.033"
US 10-Year Bond Yield Continue to Fall,Government Bond 10Y,"US 10-Year Bond Yield Continue to FallUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was at 1.235% on Friday, down from 1.28% at the end of last week and 1.78% in late March as investors moved away from equities and commodities and switched to bonds on fears that the global economic recovery already under stress from rising covid infections related to delta variant may be further delayed by the early tampering of quantitative easing by the Fed. Federal Reserve meeting minutes on Wednesday showed the central bank will likely start to reduce stimulus this year as the standard of ""substantial further progress"" toward inflation has been achieved while the maximum-employment goal had not yet been met. All eyes now turn to the Jackson Hole Symposium next week when Fed officials are expected to announce some details on the exact tapering timeline.2021-08-20T11:57:00"
Dollar Stays at 9-Month High,Currency,"Dollar Stays at 9-Month HighUnited States CurrencyThe dollar index was little changed at 93.5 on Friday, remaining around its highest level since November 2020, after minutes from the last FOMC meeting showed Fed officials are likely to reduce stimulus this year, provided that the economy was to evolve broadly as they anticipated. Many market participants now expect the Fed to announce some tapering timeline during the Jackson Hole Symposium next week. In recent data, US jobless claims fell last week for a fourth straight time to a new pandemic low, as employers boosted hiring to meet a surge in consumer demand.2021-08-20T04:17:00"
US Stock Futures Trade Lower,Stock Market,"US Stock Futures Trade LowerUnited States Stock MarketUS stock futures were in the red on Friday as investors continue to digest the latest FOMC minutes that showed policymakers will likely start to reduce stimulus this year. Lower commodities prices and concerns over the rapid spread of the coronavirus Delta strain globally also weighed on investors' mood. On the week, both the S&P 500 and the Dow are on track to post their worst weekly performances since June, while the Nasdaq is set to see its worst week since May. On Thursday, the S&P 500 closed 0.1% higher at 4,406. The tech-heavy Nasdaq Composite also ended 0.1% up at 14,542, snapping a three-day losing streak. The Dow, however, fell 67 points, or 0.2% to 34,894.2021-08-20T03:06:00"
Applied Materials earnings at 1.90 USD,Earnings,"Applied Materials earnings at 1.90 USDUnited States EarningsApplied Materials (AMAT) released earnings per share at 1.90 USD, compared to market expectations of 1.76 USD.2021-08-19T20:24:15.173"
Dow Jones above 35000,stock market,Dow Jones above 35000United States stock marketDow Jones rose above 35000 points.2021-08-19T19:33:44.07
S&P 500 Hits 4-week Low,Stock Market,S&P 500 Hits 4-week LowUnited States Stock MarketUS500 decreased to a 4-week low of 43702021-08-19T13:30:03.44
NASDAQ 100 Hits 4-week Low,Stock Market,NASDAQ 100 Hits 4-week LowUnited States Stock MarketUSNDX decreased to a 4-week low of 147772021-08-19T13:29:59.767
Estée Lauder earnings at 0.78 USD,Earnings,"Estée Lauder earnings at 0.78 USDUnited States EarningsEstée Lauder (EL) released earnings per share at 0.78 USD, compared to market expectations of 0.51 USD.2021-08-19T11:24:03.943"
US Treasury Yields Fall on Thursday,Government Bond 10Y,"US Treasury Yields Fall on ThursdayUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was around 1.23% as investors digest the latest FOMC minutes and prospects of a slower global growth in both the US and abroad. Fed meeting minutes showed the central bank will likely start to reduce stimulus this year as the standard of ""substantial further progress"" toward inflation has been achieved while the maximum-employment goal had not yet been met. All eyes now turn to the Jackson Hole Symposium next week when Fed officials are expected to announce some details on the exact tapering timeline. Meantime, fears the economic activity is slowing persisted as well as the prospect that the rapid spread of the coronavirus delta strain would drag the economy even lower.2021-08-19T07:26:00"
Nvidia earnings at 1.04 USD,Earnings,"Nvidia earnings at 1.04 USDUnited States EarningsNvidia (NVDA) released earnings per share at 1.04 USD, compared to market expectations of 1.01 USD.2021-08-18T20:36:56.297"
The Dow Jones Index dropped 1.08%,Stock Market,"The Dow Jones Index dropped 1.08%United States Stock MarketUnited States Stock Market fell 381 points. Leading the losses are Chevron (-3.60%), Apple (-2.57%) and IBM (-1.99%).2021-08-18T20:30:00.427"
Cisco Systems earnings at 0.84 USD,Earnings,"Cisco Systems earnings at 0.84 USDUnited States EarningsCisco Systems (CSCO) released earnings per share at 0.84 USD, compared to market expectations of 0.83 USD.2021-08-18T20:26:02.437"
Dollar Falls after FOMC Minutes,Currency,"Dollar Falls after FOMC MinutesUnited States CurrencyThe dollar index fell to below 93 before recovering some ground to settle around 93.1 on Wednesday, after minutes from the last FOMC meeting showed Fed officials are likely to reduce stimulus this year. Although there has been a range of views regarding the pace of tapering asset purchases, most officials noted that it could be appropriate to start reducing the pace of asset purchases this year. Many market participants expect the Fed to announce some tapering timeline during the Jackson Hole Symposium next week. Early this week, the dollar was benefiting from a safe-haven bid on fears that a surge in infections of the Delta variant could derail the global recovery and a batch of mixed economic data. 2021-08-18T18:40:00"
US 10-Year Bond Yields Edges Up,Government Bond 10Y,"US 10-Year Bond Yields Edges Up United States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was slightly up at 1.28% on Wednesday, after Fed minutes showed the central bank discussed a possible reduction of stimulus this year.  Meantime, fears the economic activity is slowing persisted as well as the prospect that the rapid spread of the coronavirus delta strain would drag the economy even lower.  2021-08-18T18:26:30.92"
US Crude Stocks Fall More than Forecast,Crude Oil Stocks Change,"US Crude Stocks Fall More than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 3.234 million barrels in the August 13th week, following a 0.447 million decrease in the previous period and compared with market consensus of a 1.055 million drop, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were up by 0.696 million barrels, defying forecasts of a 1.671 million decline.2021-08-18T14:36:09.47"
Analog Devices earnings at 1.72 USD,Earnings,"Analog Devices earnings at 1.72 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 1.72 USD, compared to market expectations of 1.61 USD.2021-08-18T12:05:59.107"
TJX Companies earnings at 0.79 USD,Earnings,"TJX Companies earnings at 0.79 USDUnited States EarningsTJX Companies (TJX) released earnings per share at 0.79 USD, compared to market expectations of 0.58 USD.2021-08-18T12:05:23.843"
Lowe's Companies earnings at 4.25 USD,Earnings,"Lowe's Companies earnings at 4.25 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 4.25 USD, compared to market expectations of 3.99 USD.2021-08-18T12:05:17.193"
Target earnings at 3.64 USD,Earnings,"Target earnings at 3.64 USDUnited States EarningsTarget (TGT) released earnings per share at 3.64 USD, compared to market expectations of 3.48 USD.2021-08-18T12:05:04.23"
US Treasury Yields Steady Ahead of FOMC,Government Bond 10Y,"US Treasury Yields Steady Ahead of FOMCUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was little changed at 1.26% on Wednesday as investors await the FOMC minutes release later in the day for a further update on the Fed's next steps. Recent economic data including the Michigan consumer confidence and retail sales disappointed, easing some bets the Fed would soon start tapering. However, fears the economic activity is slowing persisted as well as the prospect that the rapid spread of the coronavirus delta strain would drag the economy even lower.2021-08-18T07:47:20.483"
The Dow Jones Index decreased 0.80%,Stock Market,"The Dow Jones Index decreased 0.80%United States Stock MarketUnited States Stock Market decreased 286 points. Losses were driven by Home Depot (-4.26%), Boeing (-2.99%) and Caterpillar (-1.92%). Biggest rises came from Merck & Co (1.17%), UnitedHealth (1.14%) and Johnson & Johnson (0.80%).2021-08-17T20:30:00.33"
Russell 2000 Hits 4-week Low,Stock Market,Russell 2000 Hits 4-week LowUnited States Stock MarketUS2000 decreased to a 4-week low of 21692021-08-17T15:28:16.737
US 10Y Bond Yield Cuts Some Losses,Government Bond 10Y,"US 10Y Bond Yield Cuts Some LossesUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note pared losses to hover around 1.25% on Tuesday, still the lowest since early August, after a larger-than-expected decline in US retail sales and weak US consumer morale eased some concerns of an early tapering by the Federal Reserve. However, fears the economic activity is slowing persisted as well as the prospect that the rapid spread of the coronavirus delta strain would drag the economy even lower. Elsewhere, the Fed's meeting minutes due Wednesday are expected to give some more clues on the central bank's next steps.2021-08-17T13:08:54.577"
Dollar Up for 2nd Day,Currency,"Dollar Up for 2nd DayUnited States CurrencyThe dollar index gained for a second day to cross 93 on Tuesday, as investors continue to worry that weak economic data and the rapid spread of the coronavirus delta variant are pointing to a slowdown in global economic recovery. Retail sales in the US declined more than forecast in July, with the core index also posting an unexpected drop. In addition, US consumer sentiment cooled to a near decade-low while the growth in Chinese retail sales and industrial output slowed. Meanwhile, investors await more clarity from the Fed on the tapering timeline with FOMC minutes due on Wednesday and a town hall meeting with Chair Jerome Powell on Tuesday.2021-08-17T12:49:00"
Walmart earnings at 1.78 USD,Earnings,"Walmart earnings at 1.78 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.78 USD, compared to market expectations of 1.56 USD.2021-08-17T12:07:41.687"
Home Depot earnings at 4.53 USD,Earnings,"Home Depot earnings at 4.53 USDUnited States EarningsHome Depot (HD) released earnings per share at 4.53 USD, compared to market expectations of 4.42 USD.2021-08-17T10:20:24.387"
US Treasury Yields Continue to Fall,Government Bond 10Y,"US Treasury Yields Continue to FallUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note fell for the 3rd day to around 2-week lows of 1.22% on Tuesday amid fears the economic activity is slowing and the rapid spread of the coronavirus delta strain would drag the economy even lower. Meanwhile, the US consumer sentiment released last week fell to a near-decade low, easing some concerns of an early tapering by the Federal Reserve. Fresh data to be released this week including retail sales, industrial production and housing starts will provide an update on the American economy while the Fed's meeting minutes are expected to give some more clues on the central bank's next steps.2021-08-17T07:15:15.513"
Dollar Up for 2nd Day,Currency,"Dollar Up for 2nd DayUnited States CurrencyThe dollar index gained for a 2nd day to 92.7 on Tuesday as investors continue to worry that weak data and the rapid spread of the coronavirus delta variant are pointing to a slowdown in global economic recovery. The growth in Chinese retail sales and industrial output slowed while US consumer sentiment cooled to a near decade-low. Meanwhile, investors await more clarity from the Fed on the tapering timeline with FOMC minutes due on Wednesday and a town hall meeting with Chair Jerome Powell on Tuesday.2021-08-17T07:08:55.333"
S&P 500 Doubles from Pandemic Low,Stock Market,"S&P 500 Doubles from Pandemic LowUnited States Stock MarketThe S&P 500 eked out another all-time high on Monday, its 49th record closing of 2021 and has now doubled from its pandemic low close of 2,237.40 reached on March 2020 led by health-care and utility companies. The Dow Jones also rose to a record closing for the fifth consecutive session. Among single stocks, Apple Inc rose to an all-time high while Tesla Inc fell more than 4% as the US opened an investigation on the electric-vehicles firm’s Autopilot system. US stocks opened lower on Monday, amid renewed concerns over slower global growth after week data as the delta variant of the coronavirus spreads. A gauge of New York state manufacturing moderated in August after expanding at a record pace a month earlier, and China's economic activity slowed more than expected in July. Meantime, traders await more clarity from the Fed on the tapering timeline with FOMC minutes due on Wednesday and a town hall meeting with Chair Jerome Powell on Tuesday. 2021-08-16T20:06:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 44802021-08-16T19:59:27.983
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 increased to an all-time high of 356112021-08-16T19:51:40.747
"Dow Jones, S&P Bounce Back in Afternoon Trading",Stock Market,"Dow Jones, S&P Bounce Back in Afternoon TradingUnited States Stock MarketThe Dow Jones and the S&P 500 reversed earlier losses to trade higher on Friday, hovering near record levels helped by gains in defensive companies although traders remained cautious amid renewed concerns over slower global growth. A gauge of New York state manufacturing moderated in August after expanding at a record pace a month earlier, and China's economic activity slowed more than expected in July. Meantime, traders await more clarity from the Fed on the tapering timeline with FOMC minutes due on Wednesday and a town hall meeting with Chair Jerome Powell on Tuesday. Also, retail sales and industrial production due this week will provide an update on the American recovery.2021-08-16T18:07:00"
US Treasury Yields Edge Lower on Monday,Government Bond 10Y,"US Treasury Yields Edge Lower on MondayUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was around 2-week lows of 1.25% on Monday, amid fears the economic activity is slowing and the rapid spread of the coronavirus delta strain would drag the economy even lower. Meanwhile, the US consumer sentiment released last week fell to a near-decade low, easing some concerns of an early tapering by the Federal Reserve. Fresh data to be released this week including retail sales, industrial production and housing starts will provide an update on the American economy while the Fed's meeting minutes are expected to give some more clues on the central bank's next steps. 2021-08-16T07:28:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 44682021-08-13T19:59:31.09
Dollar Hits One-Week Low,Currency,"Dollar Hits One-Week Low United States CurrencyThe dollar index depreciated to fresh weekly lows in the 92.40 neighbourhood Friday, in tandem with Treasury yields, as investors reacted to disappointing sentiment data. The University of Michigan's consumer sentiment for the US slumped to 70.2 in August and well below market expectations of 81.2. That was the lowest level since 2011 and one of the six sharpest drops in the past 50 years of the survey, signalling lingering concerns that the rapid spread of the contagious Delta variant would derail the global economic recovery. As a result, the greenback ended the week lower, despite a clear sign of a move in a hawkish direction by the Federal Reserve. 2021-08-13T16:51:00"
US Export Prices Rise More than Expected,Export Prices MoM,"US Export Prices Rise More than ExpectedUnited States Export Prices MoMPrices for US exports rose 1.3 percent from a month earlier in July of 2021, accelerating from a 1.2 percent increase in June and above market expectations of 0.8 percent. It was the 14th straight monthly rise in export prices. Nonagricultural export charges climbed 1.6 percent from a month earlier, driven by industrial supplies and materials, capital goods, automotive vehicles, and nonagricultural foods. Meantime, the cost of agricultural products fell 1.7 percent, the first drop since August 2020 as lower prices for soybeans, fruit, and corn more than offset higher prices for dairy products, nuts, vegetables, and cotton. Year-on-year, export prices surged 17.2 percent, following an upwardly revised 16.9 percent advance in the previous month.2021-08-13T12:33:00"
US 10Y Bond Yield Holds at 1-Month High,Government Bond 10Y,"US 10Y Bond Yield Holds at 1-Month HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note stood above 1.34% on Friday, remaining close to its highest since mid-July, as signs of continued labor market recovery and rising inflationary pressure continued to support prospects of early tapering by the Federal Reserve. Yields have been also bolstered by comments from two Fed officials on Tuesday that suggested the central bank could soon reduce or taper its asset purchases.2021-08-13T08:40:53.14"
Dollar Stays at 4-Month High,Currency,"Dollar Stays at 4-Month HighUnited States CurrencyThe US dollar index was trading around 93 against a basket of currencies on Friday, hovering at its highest level since early April,  as traders looked for more hints from the Federal Reserve on its plans to exit monetary stimulus. Thursday's data showed the number of Americans filing claims for jobless benefits fell for a third straight time last week. Meantime, US producer prices posted their largest annual increase in more than a decade in July, due to supply chain challenges. On Wednesday, official data showed US consumer prices grew 5.4% yoy, the same as in June while the monthly rate slowed to 0.5% from 0.9% in June. On top of that, several Fed officials this week came out in support of tapering bond-buying in coming months. 2021-08-13T03:55:00"
Walt Disney earnings at 0.80 USD,Earnings,"Walt Disney earnings at 0.80 USDUnited States EarningsWalt Disney (DIS) released earnings per share at 0.80 USD, compared to market expectations of 0.57 USD.2021-08-12T20:31:00.2"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 CFD increased to an all-time high of 355332021-08-12T20:21:49.513
Dollar Regains Traction,Currency,"Dollar Regains Traction United States CurrencyThe dollar index regained some ground toward the 93 level on Thursday, close to levels not seen since early April after data showed weekly initial claims fell for the third week, pointing to a healing labor market despite the latest surge in coronavirus cases due to the Delta variant. Figures came on the wheels of a stronger than expected July jobs report. Meantime, producer inflation rose by 1% in July, above market expectations. Consumer price data on Wednesday showed inflation remained high in July but increased at a moderated pace. Kansas City Fed President Esther George said on Wednesday the standard for reducing the bond-buying program may have already been met by the current spike in inflation, recent labor market improvements, and the expectation for continued strong demand.2021-08-12T12:51:00"
US 10Y Bond Yield Bounces Back to 1-Month High,Government Bond 10Y,"US 10Y Bond Yield Bounces Back to 1-Month HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose above 1.37% on Thursday, its highest since mid-July, as another strong initial claims report pointed to a continued labor market recovery. Yields have been also bolstered by comments from two Federal Reserve officials on Tuesday that suggested the central bank could soon reduce or taper its asset purchases.2021-08-12T12:45:00"
US Initial Jobless Claims to Fall for 3rd Week,Initial Jobless Claims,"US Initial Jobless Claims to Fall for 3rd WeekUnited States Initial Jobless ClaimsInitial jobless claims likely dropped last week to 375 thousand, a third straight period of decline to levels not seen since a pandemic low of 368 thousand was reached at the end of June, adding to signs of a solid recovery in the US labor market despite the lingering threat of the Delta variant. The total number of claimants is likely to decline further in the coming weeks as more states roll off federal enhanced unemployment benefits ahead of their official September expiration date at the national level. Continuing claims likely fell to a fresh pandemic-era low of 2.88 million.2021-08-12T10:03:00"
US 10Y Bond Yield Little-Changed on Thursday,Government Bond 10Y,"US 10Y Bond Yield Little-Changed on ThursdayUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note remained above 1.34% on Thursday, after posting a small decline on Wednesday following a strong auction and data showing a slight moderation in US consumer prices for the month of July. Still, yields remain close to their highest level since mid-July, bolstered by comments from two Federal Reserve officials on Tuesday that suggested the central bank could soon reduce or taper its asset purchases.2021-08-12T07:45:00"
Dollar Remains Close to 4-Month High,Currency,"Dollar Remains Close to 4-Month HighUnited States CurrencyThe US dollar index was trading around  92.89 against a basket of currencies on Thursday, not far from its highest level since early April and after a 0.2% drop the day before, as a cooling in consumer inflation tempered bets for an earlier tightening of US monetary policy. Prices grew 5.4% yoy in July, the same as in June while the monthly rate slowed to 0.5% from 0.9% in June. Still, Kansas City Fed President Esther George said on Wednesday the standard for reducing the bond-buying program may have already been met by the current spike in inflation, recent labor market improvements, and the expectation for continued strong demand.2021-08-12T05:38:00"
The Dow Jones Index rose 0.60%,Stock Market,"The Dow Jones Index rose 0.60%United States Stock MarketUnited States Stock Market rose 210 points. Leading the gains are Caterpillar (3.55%), Home Depot (1.89%) and Walgreens Boots Alliance (1.66%). Top losers were Visa (-1.29%), Salesforce.com (-0.61%) and UnitedHealth (-0.60%).2021-08-11T20:30:02.517"
US Crude Stocks Drop Less than Forecast,Crude Oil Stocks Change,"US Crude Stocks Drop Less than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 0.447 million barrels in the August 6th week, following a 3.626 million increase in the previous period and compared with market consensus of a 1.27 million drop, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were down by 1.400 million barrels, also below forecasts of a 1.657 million decline.2021-08-11T14:47:28.137"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 44482021-08-11T13:31:00.167
US 10-Year Treasury Yield Edges Down,Government Bond 10Y,"US 10-Year Treasury Yield Edges DownUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.34% on Wednesday, remaining close to the highest level since mid-July after the US inflation rate came in in line with expectations while the core inflation showed a smaller than expected increase. July’s inflation figures reinforced Fed’s narrative that inflation is already peaking easing concerns about a pullback of stimulus soon despite a better than expected Friday’s jobs report. On Monday, Federal Reserve officials Raphael Bostic and Eric Rosengren said the start of a bond-purchase taper should happen in the fourth quarter of the year.2021-08-11T12:55:00"
Dollar Index Hits 18-week High,currency,Dollar Index Hits 18-week HighUnited States currencyDXY increased to a 18-week high of 93.1932021-08-11T10:20:08.647
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-week high of 1.3625%2021-08-11T05:59:59.847
US Dollar Stays at 4-Month High,Currency,"US Dollar Stays at 4-Month HighUnited States CurrencyThe US dollar index was trading above 93 against a basket of currencies, hovering around its highest level since early April as investors bet that a reduction in asset purchases could start this year and higher interest rates could follow as soon as 2022 following strong US jobs report on Friday. On Monday, Fed officials Raphael Bostic and Eric Rosengren said they see monetary policy tightening to start in Q4 2021. Traders now await US inflation data later in the day, along with a speech by Federal Reserve Bank of Kansas City President Esther George. 2021-08-11T05:48:00"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 increased to an all-time high of 352492021-08-10T14:14:16.787
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 44412021-08-10T14:02:35.627
US Nonfarm Labor Costs Rise Less than Expected,Labour Costs,"US Nonfarm Labor Costs Rise Less than ExpectedUnited States Labour CostsUnit labor costs in the US nonfarm business sector increased an annualized 1 percent in the second quarter of 2021, following a revised 2.8 percent drop in the previous period and compared with market expectations of a 1.1 percent rise, a preliminary estimate showed. Hourly compensation rose 3.3 percent (vs 1.4 percent in Q1) and productivity advanced 2.3 percent (vs 4.3 percent). Unit labor costs increased 0.1 percent over the last four quarters, as hourly compensation increased 2 percent and productivity increased 1.9 percent. 2021-08-10T12:37:00"
US Consumer Inflation Expectations Hold at 4.8%,Inflation Expectations,"US Consumer Inflation Expectations Hold at 4.8%United States Inflation ExpectationsMedian year-ahead inflation expectations in the US stayed at a series high of 4.8 percent in July, following a substantial jump in June. Meantime, expectations for inflation over the next three years rose to 3.7 percent from 3.6 percent in the prior month, reaching the highest level since August 2013. The survey also showed that consumers' expectations for how much home prices will rise over the next year dropped to a median of 6.0 percent in July from 6.2 percent in June.2021-08-09T15:23:01.207"
Air Products & Chemicals earnings at 2.31 USD,Earnings,"Air Products & Chemicals earnings at 2.31 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.31 USD, compared to market expectations of 2.36 USD.2021-08-09T10:19:33.857"
US 10Y Bond Yield Rises,Government Bond 10Y,"US 10Y Bond Yield RisesUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose above 1.35% during the second week of August, its highest level since mid-July and recovering from an over five-month low of 1.127% hit last week. Strong labor market data from the US released on Friday raised expectations of an early reduction of the US Federal Reserve's pandemic-era stimulus. On Monday, Federal Reserve officials Raphael Bostic and Eric Rosengren said the start of a bond-purchase taper should happen in the fourth quarter of the year. Investors will now be waiting for the US consumer price report on Wednesday.2021-08-09T07:43:00"
Dollar Hits 4-Month High,Currency,"Dollar Hits 4-Month HighUnited States CurrencyThe US dollar index was trading around 93 against a basket of currencies during the second week of August, hovering around its highest level since early April, as investors bet that a reduction in asset purchases could start this year and higher interest rates could follow as soon as 2022 following strong US jobs report on Friday. Non-farm payrolls increased by 943,000 in July, beating market expectations of 870,000; while the unemployment rate fell more than expected to 5.4 percent. Meanwhile, investors are waiting for the US consumer price report on Wednesday.2021-08-09T06:34:00"
US Consumer Credit Grows Above Expectations,Consumer Credit,"US Consumer Credit Grows Above ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 37.69 billion in June of 2021, following a revised USD 36.69 billion gain in the previous month and comfortably beating market expectations of a USD 23 billion rise. Revolving credit increased by USD 17.86 billion while non-revolving credit went up by USD 19.83 billion. 2021-08-06T19:05:05.847"
US June Wholesale Inventories Revised Higher,Wholesale Inventories,"US June Wholesale Inventories Revised HigherUnited States Wholesale InventoriesUS wholesale inventories rose 1.1 percent from a month earlier in June 2021, more than a preliminary estimate of a 0.8 percent advance and marking an 11th straight month of increases. Stocks were up for durables (1.4 percent, the same as in May), mainly boosted by electrical (3.2 percent), metals (2.9 percent) and lumber (5.6 percent). Also, non-durable inventories rose 0.6 percent (vs 1.2 percent in May), on the back of petroleum (5.9 percent) and groceries (2.5 percent). On a yearly basis, wholesale inventories advanced 10.5 percent in June.2021-08-06T14:14:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 44332021-08-06T13:30:01.72
US 10Y Bond Yield Rises after Strong Jobs Report,Government Bond 10Y,"US 10Y Bond Yield Rises after Strong Jobs ReportUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note advanced to 1.277% on Friday, as risk sentiment improved after a stronger-than-expected US jobs report. The American economy created 943 thousand jobs in July, well above forecast for an 870 thousand gain and the strongest job growth since last August pushing unemployment to 5.4%, the lowest since March 2020. Earlier in the week, yields were little changed near 5-1/2-month lows on the back of a poor ADP employment report and weak factory activity data. On the coronavirus front, the US has reported on average 72,000 new Covid cases a day in the last 7 days, the most since February.2021-08-06T12:47:20.817"
DXY Appreciats Further On Strong Payrolls,Currency,"DXY Appreciats Further On Strong PayrollsUnited States CurrencyThe US dollar index extended its upward momentum to jump above 92.5 on Friday after the US labour report showed non-farm payrolls grew by 943K, the most in 11 months and easily beating market expectations. A stronger-than-expected number could make the case for faster US policy tightening. Earlier in the week, Federal Reserve Vice Chair Richard Clarida suggested conditions for hiking interest rates might be met as soon as late 2022.2021-08-06T12:47:00"
US Wages Growth Above Estimates,Average Hourly Earnings,"US Wages Growth Above EstimatesUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls increased by 11 cents to $30.54 in July of 2021, following increases in the prior 3 months. Average hourly earnings for private-sector production and nonsupervisory employees also rose by 11 cents in July to $25.83. The data for recent months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages. However, because average hourly earnings vary widely across industries, the large employment fluctuations since February 2020 complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 4 percent, above market expectations of 3.8 percent.2021-08-06T12:34:00"
Dominion Resources earnings at 0.76 USD,Earnings,"Dominion Resources earnings at 0.76 USDUnited States EarningsDominion Resources (D) released earnings per share at 0.76 USD, compared to market expectations of 0.77 USD.2021-08-06T12:33:01.937"
US Jobless Rate Falls More than Expected,Unemployment Rate,"US Jobless Rate Falls More than ExpectedUnited States Unemployment RateThe US unemployment rate declined by 0.5 percentage points to 5.4 percent in July of 2021, the lowest level since March 2020 and below market expectations of 5.7 percent. The number of unemployed persons fell by 782,000 to 8.7 million. These measures are down considerably from their highs at the end of the February-April 2020 recession. However, they remain well above their levels prior to the coronavirus pandemic (3.5 percent and 5.7 million, respectively, in February 2020). The labor force participation rate was little changed at 61.7 percent in July and has remained within a narrow range of 61.4 percent to 61.7 percent since June 2020. 2021-08-06T12:32:00"
US Jobless Rate Seen Falling to a 16-Month Low of 5.7%,Unemployment Rate,"US Jobless Rate Seen Falling to a 16-Month Low of 5.7%United States Unemployment RateThe US unemployment rate likely fell to 5.7 percent in July of 2021, the lowest level since March 2020 but still well above pre-pandemic levels. The labor market continues to recover from the pandemic supported by broader economic re-opening and the rapid pace of vaccination, coupled with ongoing government support. Still, a surge in Covid-19 surge driven by the Delta variant and shortage of available workers due to enhanced benefits and finding childcare may have kept more individuals sidelined from the labor market. In June, the jobless rate edged up to 5.9 percent. 2021-08-06T07:54:18.253"
US 10Y Bond Yield Bounces Back Above 1.2%,Government Bond 10Y,"US 10Y Bond Yield Bounces Back Above 1.2%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note bounced back above 1.2% on Friday, as risk sentiment improved ahead of the US jobs report after data on Thursday showed initial weekly claims fell for the second week as expected. The American economy is forecast to add 870 thousand jobs in July, the strongest job growth since last August and unemployment likely fell to 5.7%, the lowest since March 2020 but still well above pre-pandemic levels. Earlier in the week, yields were little changed near 5-1/2-month lows on the back of a poor ADP employment report and weak factory activity data. On the coronavirus front, the US has reported on average 72,000 new Covid cases a day in the last 7 days, the most since February.2021-08-06T07:33:00"
Dollar Gains Slightly Ahead of Employment Data,Currency,"Dollar Gains Slightly Ahead of Employment DataUnited States CurrencyThe US dollar was slightly up at 92.3 against a basket of currencies on Friday as investors await the US jobs report due later in the day, which is expected to show the largest payroll increase in seven months as the world's largest economy consolidates its recovery from the pandemic hit. A stronger-than-expected number could make the case for faster US policy tightening. Earlier in the week, Federal Reserve Vice Chair Richard Clarida suggested conditions for hiking interest rates might be met as soon as late 2022.2021-08-06T07:24:00"
Illumina earnings at 1.87 USD,Earnings,"Illumina earnings at 1.87 USDUnited States EarningsIllumina (ILMN) released earnings per share at 1.87 USD, compared to market expectations of 1.36 USD.2021-08-05T20:31:10.09"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 44312021-08-05T19:59:53.417
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX CFD increased to an all-time high of 151842021-08-05T19:59:49.44
Dow Jones above 35000,stock market,Dow Jones above 35000United States stock marketDow Jones rose above 35000 points.2021-08-05T16:09:56.88
Sempra Energy earnings at 1.63 USD,Earnings,"Sempra Energy earnings at 1.63 USDUnited States EarningsSempra Energy (SRE) released earnings per share at 1.63 USD, compared to market expectations of 1.59 USD.2021-08-05T13:47:51.953"
Duke Energy earnings at 1.15 USD,Earnings,"Duke Energy earnings at 1.15 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.15 USD, compared to market expectations of 1.10 USD.2021-08-05T13:44:04.707"
Zoetis earnings at 1.19 USD,Earnings,"Zoetis earnings at 1.19 USDUnited States EarningsZoetis (ZTS) released earnings per share at 1.19 USD, compared to market expectations of 1.08 USD.2021-08-05T13:43:20.153"
Regeneron Pharmaceuticals earnings at 18.81 USD,Earnings,"Regeneron Pharmaceuticals earnings at 18.81 USDUnited States EarningsRegeneron Pharmaceuticals (REGN) released earnings per share at 18.81 USD, compared to market expectations of 17.94 USD.2021-08-05T13:27:43.353"
US Imports Hit Record High in June,Imports,"US Imports Hit Record High in JuneUnited States ImportsImports to the United States increased by USD 6.0 billion to an all-time high of USD 283.4 billion in June 2021, as the domestic demand consolidated its recovery from the pandemic hit. Imports were up for industrial supplies and materials, led by nonmonetary gold, finished metal shapes, iron and steel mill products, and organic chemicals. In addition, imports of capital goods advanced. Meanwhile, shipments of consumer goods fell due to pharmaceutical preparations and cotton apparel and household goods. Purchases of automotive vehicles, parts, and engines were also down. Imports of services increased USD 1.6 billion, on the back of transport and travel.2021-08-05T12:46:00"
US Exports Rise 0.6% in June,Exports,"US Exports Rise 0.6% in JuneUnited States ExportsExports from the United States increased by USD 1.2 billion from a month earlier to USD 207.7 billion in June 2021, the highest level since December 2019, amid a continued recovery in global demand. Exports were up for industrial supplies and materials, such as crude oil; while sales of foods, feeds, and beverages fell led by a decline in exports of soybeans. Exports of services increased USD 0.9 billion in June, led by travel and transport.2021-08-05T12:42:16.863"
US Jobless Claims Fall for 2nd Week,Initial Jobless Claims,"US Jobless Claims Fall for 2nd WeekUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits fell for a second straight week to 385K in the July 31st week, and broadly in line with market expectations of 384K, confirming progressive labor market recovery. Still, the number is markedly elevated compared to a weekly average of just over 200K in 2019. Many companies struggle to hire employees as enhanced unemployment benefits, ongoing child care responsibilities and health concerns may discourage some workers from looking for a job. The total number of claimants is likely to decline further in the coming weeks, due to the early phase-out of federal enhanced unemployment benefits across many states ahead of the official September expiration date, and as schools reopen and demand over the summer picks up. 2021-08-05T12:32:00"
"Becton, Dickinson and Co. earnings at 2.74 USD",Earnings,"Becton, Dickinson and Co. earnings at 2.74 USDUnited States EarningsBecton, Dickinson and Co. (BDX) released earnings per share at 2.74 USD, compared to market expectations of 2.45 USD.2021-08-05T10:24:07.89"
Cigna earnings at 5.24 USD,Earnings,"Cigna earnings at 5.24 USDUnited States EarningsCigna (CI) released earnings per share at 5.24 USD, compared to market expectations of 4.96 USD.2021-08-05T10:24:01.547"
US Weekly Jobless Claims Set to Fall to 384K,Initial Jobless Claims,"US Weekly Jobless Claims Set to Fall to 384KUnited States Initial Jobless ClaimsInitial jobless claims likely dropped last week to a one-month low of 384 thousand, suggesting a progressive labor market recovery from last year but remaining still markedly elevated compared to their 2019 weekly average of just over 200 thousand. Many companies struggle to hire employees as enhanced unemployment benefits, ongoing child care responsibilities and health concerns may discourage some workers to find a job. The total number of claimants is likely to decline further in the coming weeks, due to the early phase-out of federal enhanced unemployment benefits across many states ahead of the official September expiration date, and as schools reopen and demand over the summer picks up. New weekly claims dropped to 400 thousand in the week ending July 24th, above market consensus of 380 thousand.    2021-08-05T08:04:50.813"
Uber earnings at 0.58 USD,Earnings,"Uber earnings at 0.58 USDUnited States EarningsUber (UBER) released earnings per share at 0.58 USD, compared to market expectations of -0.54 USD.2021-08-04T20:34:02.073"
Booking Holdings Inc earnings at -2.55 USD,Earnings,"Booking Holdings Inc earnings at -2.55 USDUnited States EarningsBooking Holdings Inc (BKNG) released earnings per share at -2.55 USD, compared to market expectations of -2.04 USD.2021-08-04T20:33:55.443"
The Dow Jones Index dropped 0.87%,Stock Market,"The Dow Jones Index dropped 0.87%United States Stock MarketUnited States Stock Market fell 306 points. Leading the losses are Amgen (-6.25%), Chevron (-2.13%) and Walgreens Boots Alliance (-2.03%). Top gainers were Salesforce.com (1.39%), Nike (0.48%) and UnitedHealth (0.05%).2021-08-04T20:30:04.05"
US Dollar Bounces Off Lows,Currency,"US Dollar Bounces Off LowsUnited States CurrencyThe dollar index rebounded to weekly tops at 92.30, making a dramatic reversal after testing a key support level near 91.80 earlier this session. The shift in sentiment came in the wake of hawkish comments from US Federal Reserve Vice Chair Richard Clarida, who said conditions for an interest rate hike could be met in late 2022, setting the stage for a move in early 2023. On top of that, record US services industry activity data cemented such a view. Now, all eyes turn to the US employment report for July, as investors await an update on the labour market recovery and further clues on the Federal Reverse next steps. 2021-08-04T16:31:00"
US Crude Stocks Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly RiseUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 3.626 million barrels in the July 30th week, following a 4.089 million decrease in the previous period and compared with market consensus of a 3.102 million drop, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were down by 5.292 million barrels, more than forecasts of a 1.78 million decline.2021-08-04T14:39:29.183"
Dollar Erases Some Losses,Currency,"Dollar Erases Some LossesUnited States CurrencyThe dollar index returned to 92 against a basket of currencies in the first trading week of August, recovering from a brief fall but remaining close to July’s lows of 91.8, as fears about slowing US economic growth and a persistent dovish Fed spooked investors away from the greenback. Meanwhile, investors digested the ADP employment report for July that showed the smallest increase in private employment since February. In other economic news, the ISM PMI surveys showed a record increase in services activity in July and a slowdown in manufacturing expansion to a six-month low. Traders now look ahead to non-farm payroll figures due on Friday.2021-08-04T14:22:00"
US Private Sector Activity Growth Eases 4-Month Low: Markit,Composite PMI,"US Private Sector Activity Growth Eases 4-Month Low: MarkitUnited States Composite PMIThe IHS Markit US Composite PMI was revised higher to 59.9 in July of 2021, from a preliminary estimate of 59.7 and below June’s 63.7. The rate of expansion was the softest since March amid a slower upturn in service sector activity, but was quicker than the series average. Private sector new order growth softened to a four-month low in July, despite manufacturers registering a faster upturn in new business. New export orders, meanwhile, continued to rise solidly. Inflationary pressures remained substantial at the start of the third quarter. At the same time, pressure on capacity following supplier and staff shortages worsened in July. Although manufacturers and service providers registered further expansions in workforce numbers, hiring was stymied by difficulties finding suitable candidates for vacancies.  2021-08-04T13:53:28.08"
US 10Y Bond Yield at 5-1/2-Month Low,Government Bond 10Y,"US 10Y Bond Yield at 5-1/2-Month Lowunited states Government Bond 10YThe yield on the benchmark 10-year Treasury note was trading below 1.2% in the first week of August, hovering around its weakest level since mid-February amid weak data and as investors remain concerned about rising COVID-19 infections. The ADP employment report for July showed the smallest increase in private employment for five months, missing market consensus; and the ISM Manufacturing PMI fell to 59.5 in July, pointing to the weakest expansion in factory activity in six months. Meanwhile, the Non-Manufacturing PMI hit an all-time high of 64.1. On the coronavirus front, the US has reported on average 72,000 new Covid cases a day in the last 7 days, the most since February. Meanwhile, the jobs report due Friday will provide an update on the labor market recovery and further clues on the Fed's next steps.2021-08-04T13:43:00"
Dollar Weakens on Disappointing Jobs Data,Currency,"Dollar Weakens on Disappointing Jobs DataUnited States CurrencyThe dollar index fell slightly below 92 against a basket of currencies in the first trading week of August, moving closer towards July’s lows of 91.8, as fears about slowing US economic growth and a persistent dovish Fed spooked investors away from the greenback. Meanwhile, investors digested the ADP employment report for July that showed the smallest increase in private employment since February. Traders now looked ahead to non-farm payroll figures due on Friday.2021-08-04T12:46:00"
Kraft Heinz earnings at 0.78 USD,Earnings,"Kraft Heinz earnings at 0.78 USDUnited States EarningsKraft Heinz (KHC) released earnings per share at 0.78 USD, compared to market expectations of 0.72 USD.2021-08-04T11:24:10.473"
CVS Health earnings at 2.42 USD,Earnings,"CVS Health earnings at 2.42 USDUnited States EarningsCVS Health (CVS) released earnings per share at 2.42 USD, compared to market expectations of 2.06 USD.2021-08-04T11:23:53.157"
US Dollar Remains Weak,Currency,"US Dollar Remains WeakUnited States CurrencyThe dollar index was around 92.00 in the first trading week of August, not far from July’s lows near 91.80, as fears about slowing US economic growth and a persistent dovish Fed spooked investors away from the greenback. Meantime, President Joe Biden said Tuesday that the US is suffering from the pandemic of unvaccinated people, urging state governors to not stand in the way of the vaccination. Traders now looked ahead to partial US labor data due later on Wednesday and non-farm payroll figures due on Friday.2021-08-04T04:39:28.967"
Activision Blizzard earnings at 0.91 USD,Earnings,"Activision Blizzard earnings at 0.91 USDUnited States EarningsActivision Blizzard (ATVI) released earnings per share at 0.91 USD, compared to market expectations of 0.75 USD.2021-08-03T20:32:41.04"
Amgen earnings at 4.38 USD,Earnings,"Amgen earnings at 4.38 USDUnited States EarningsAmgen (AMGN) released earnings per share at 4.38 USD, compared to market expectations of 4.09 USD.2021-08-03T20:32:16.143"
US Dollar Remains Under Pressure,Currency,"US Dollar Remains Under Pressure United States CurrencyThe dollar index bottomed around 92.00 in the first trading week of August, not far from July’s lows near 91.80, as fears about slowing US economic growth and a persistent dovish Fed spooked investors away from the greenback. A dovish speech by Fed chair Jay Powell at a symposium of central bankers in Jackson Hole, Wyoming, last week, contrasted with relatively hawkish comments by policymakers in Australia and New Zealand, which, in turn, fuelled sharp gains in the Australian and New Zealand dollars. Now, all eyes turn to the US employment report for July, as investors await an update on the labour market recovery and further clues on the Federal Reverse next steps.
2021-08-03T17:03:00"
US Stocks Trade Slightly Higher,Stock Market,"US Stocks Trade Slightly HigherUnited States Stock MarketUS stocks were slightly higher on Tuesday, attempting to rebound from a choppy session the day before. Both the Dow Jones and the S&P 500 were close to record levels as investors continue to focus on strong corporate results and prospects of more fiscal stimulus and try to shrug off concerns over the spread of the coronavirus delta variant. DuPont beat on both profit and sales and Under Armour earnings topped forecasts. In contrast, Eli Lilly earnings were 2 cents a share shy of estimates. So far, 88% of S&P 500 companies have reported a positive earnings surprise for the second quarter.2021-08-03T13:35:00"
US 10-Year Treasury Yield Remains Near 6-Month Low,Government Bond 10Y,"US 10-Year Treasury Yield Remains Near 6-Month LowUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was trading below 1.2% in the first week of August, after briefly declining to 1.15%, an almost 6-month low amid weak data and as investors remain concerned about rising COVID-19 infections. The ISM Manufacturing PMI fell to 59.5 in July of 2021, pointing to the weakest expansion in factory activity in 6 months and the US has reported on average 72,000 new Covid cases a day in the last 7 days, the most since February. Meanwhile, the jobs report due Friday will provide an update on the labor market recovery and further clues on the Fed's next steps. 2021-08-03T12:20:00"
"US Futures Rise, Earnings in Focus",Stock Market,"US Futures Rise, Earnings in FocusUnited States Stock MarketUS futures traded in the green on Tuesday, attempting to rebound from a choppy session the day before. Both the Dow Jones and the S&P 500 were close to record levels as investors continue to focus on strong corporate results and prospects of more fiscal stimulus and try to shrug off concerns over the spread of the coronavirus delta variant. DuPont beat on both profit and sales and Under Armour earnings topped forecasts. So far, 88% of S&P 500 companies have reported a positive earnings surprise for the second quarter. On Monday, the Dow fell 97 points, or 0.3%, to 34,838. The S&P 500 shed 8 points, or 0.2%, to 4,387. The Nasdaq edged up 8 points, or less than 0.1%, to 14,681.2021-08-03T11:28:00"
L3Harris Technologies Inc earnings at 3.26 USD,Earnings,"L3Harris Technologies Inc earnings at 3.26 USDUnited States EarningsL3Harris Technologies Inc (LHX) released earnings per share at 3.26 USD, compared to market expectations of 3.18 USD.2021-08-03T11:23:55.337"
ConocoPhillips earnings at 1.27 USD,Earnings,"ConocoPhillips earnings at 1.27 USDUnited States EarningsConocoPhillips (COP) released earnings per share at 1.27 USD, compared to market expectations of 1.08 USD.2021-08-03T11:23:29.083"
Fidelity National Information Services earnings at 1.61 USD,Earnings,"Fidelity National Information Services earnings at 1.61 USDUnited States EarningsFidelity National Information Services (FIS) released earnings per share at 1.61 USD, compared to market expectations of 1.55 USD.2021-08-03T11:23:22.44"
Eli Lilly earnings at 1.87 USD,Earnings,"Eli Lilly earnings at 1.87 USDUnited States EarningsEli Lilly (LLY) released earnings per share at 1.87 USD, compared to market expectations of 1.89 USD.2021-08-03T11:23:15.79"
Dollar Little Changed as Traders Await NFP,Currency,"Dollar Little Changed as Traders Await NFPUnited States CurrencyThe dollar index was trading around 92 on Tuesday, close to one-month lows, as traders continue to weigh concerns over the global spread of the coronavirus delta variant, mixed economic data for the US, strong corporate results and a Fed dovish stance. Also, all eyes will be on the jobs report due Friday for an update on the labour market recovery and further clues on the Fed's next steps.2021-08-03T08:46:00"
Dow Jones above 35000,stock market,Dow Jones above 35000United States stock marketDow Jones rose above 35000 points.2021-08-03T07:51:11.45
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 increased to an all-time high of 351722021-08-02T13:50:04.867
US Markit Manufacturing PMI Revised Up to New High,Manufacturing PMI,"US Markit Manufacturing PMI Revised Up to New HighUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised higher to 63.4 in July of 2021 from a preliminary of 63.1, hitting a fresh record high. Overall growth was supported by stronger expansions in output and new orders, with the latter increasing at the second-fastest pace ever. Unprecedented supplier shortages and delays continued to exert upward pressure on input costs and stymie firms' ability to process incoming new work. As a result, cost burdens rose at a record-breaking rate and the accumulation of backlogs accelerated. Nonetheless, output expectations remained upbeat amid hopes of further boosts to client demand over the coming year.2021-08-02T13:47:52.837"
Global Payments earnings at 2.04 USD,Earnings,"Global Payments earnings at 2.04 USDUnited States EarningsGlobal Payments (GPN) released earnings per share at 2.04 USD, compared to market expectations of 1.90 USD.2021-08-02T11:22:04.153"
US Futures Rise to Start August,Stock Market,"US Futures Rise to Start AugustUnited States Stock MarketUS futures kicked off August on a strong note with contracts on the Dow Jones rising more than 150 points, as investors continue to focus on positive earnings reports and try to shrug off concerns over the rapid spread of the coronavirus delta variant. Later last week, fresh core PCE inflation came lower-than-expected, a sign transitory price pressures could be gradually easing. Traders also welcomed the prospect of more fiscal stimulus in the US after Senate negotiators on Sunday finished the text of a $1 trillion bipartisan infrastructure bill, which includes new $550 billion spending in infrastructures. The bill is expected to pass through the chamber by the end of the week. In July, the Dow surged 1.3% and the Nasdaq 1.2%, while the S&P 500 rose more than 2%.2021-08-02T10:50:00"
US Treasury Yields at 5-Month Lows,Government Bond 10Y,"US Treasury Yields at 5-Month LowsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was trading around 1.18% in the first week of August, remaining close to 5-month lows and extending a drop from the one-year high of 1.77% hit at the end of March. Investors have been weighing rising inflation, bets the Fed would soon start tapering and concerns over the rapid spread of coronavirus delta variant that would likely drag global growth down. In its July 2021 meeting, the Fed kept rates and QE steady and hinted that progress has been made toward conditions for tapering bond buys but offered no details on the timeline and mechanics. Meanwhile, the jobs report due Friday will provide an update on the labour market recovery and could provide further clues on the Fed's next steps.2021-08-02T07:50:00"
US Dollar Holds Near 1-Month Low,Currency,"US Dollar Holds Near 1-Month LowUnited States CurrencyThe dollar index was trading below 92 on Monday, staying near its lowest in a month amid dovish Fed remarks. Last week, Fed chair Powell said that rate hikes were ""a ways away"" and the job market still had ""some ground to cover"" pointing that the central bank is in no rush to withdraw stimulus. Meanwhile, the jobs report due Friday will provide an update on the labour market recovery and could provide further clues on the Fed's next steps.2021-08-02T05:17:00"
US Stocks Set to Open Higher to Start August,Stock Market,"US Stocks Set to Open Higher to Start AugustUnited States Stock MarketUS stock futures rose markedly on Monday, lifted by reports that both personal income and spending for June topped forecasts and core PCE inflation was below consensus, a sign transitory price pressures could be gradually easing. Traders also welcomed the prospect of more fiscal stimulus in the US ahead as senators worked to finalize a sweeping $1 trillion infrastructure plan that could pass this week. On Friday, US stocks closed in the red, mainly dragged down by a more than 7% slump in Amazon shares after its revenues missed forecasts for the 1st time in 3 years and the company said sales growth would slow in the next few quarters as customers venture more outside the home, following an acceleration in COVID-19 vaccinations. For the month, the Dow and Nasdaq have added 1.2% and 1% respectively in July, while the S&P 500 rose more than 2% over the same period.2021-08-02T04:18:00"
Illinois Tool Works earnings at 2.10 USD,Earnings,"Illinois Tool Works earnings at 2.10 USDUnited States EarningsIllinois Tool Works (ITW) released earnings per share at 2.10 USD, compared to market expectations of 2.09 USD.2021-07-30T18:22:34.307"
AbbVie earnings at 3.11 USD,Earnings,"AbbVie earnings at 3.11 USDUnited States EarningsAbbVie (ABBV) released earnings per share at 3.11 USD, compared to market expectations of 3.08 USD.2021-07-30T14:48:05.463"
Exxon Mobil earnings at 1.10 USD,Earnings,"Exxon Mobil earnings at 1.10 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 1.10 USD, compared to market expectations of 1.01 USD.2021-07-30T14:47:17.463"
Chicago PMI Recovers in July,Chicago PMI,"Chicago PMI Recovers in JulyUnited States Chicago PMIThe Chicago Business Barometer jumped to 73.4 in July of 2021 from 66.1 in June, the second-highest pandemic-era reading. Demand is strong but firms remain concerned about supply chain disruptions and rising prices. Among the main five indicators, Production saw the largest increase, followed by New Orders, while Supplier Deliveries remained unchanged.2021-07-30T14:40:00"
"US Consumer Sentiment Revised Higher, Remains 5-Month Low",Consumer Confidence,"US Consumer Sentiment Revised Higher, Remains 5-Month LowUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to 81.2 in July of 2021 from a preliminary of 80.8, still remaining the lowest reading in 5 months. The gauge for expectations was revised slightly higher to 79 from 78.4 while the current conditions subindex was unchanged at 84.5. Inflation expectations were revised lower for both the year-ahead (4.7% vs 4.8%) and for the next 5 years (2.8% vs 2.9%). ""Consumer sentiment edged upward at the end of July, although it still posted a monthly decline of 5.0%. The largest monthly declines remained concentrated in the outlook for the national economy and complaints about high prices for homes, vehicles, and household durables. While most consumers still expect inflation to be transitory, there is growing evidence that an inflation storm is likely to develop on the not too distant horizon"". 2021-07-30T14:06:16.557"
Dollar Set for Worst Week in 12,Currency,"Dollar Set for Worst Week in 12United States CurrencyThe dollar index was set for a 1% weekly loss, the most since early May amid dovish Fed remarks. Fed chair Powell said that rate increases were ""a ways away"" and the job market still had ""some ground to cover"" pointing that the central bank is in no rush to withdraw stimulus. On Friday, the greenback edged up to near 92, but remained near a 1-month low after data showed personal consumption beat forecasts in June and core producer inflation came in below expectations. Data earlier in the week showed the US economy expanded an annualized 6.5% qoq in Q2, below market forecasts of 8.5% and weekly jobless claims fell to 400 thousand, compared with market expectations of 380 thousand.2021-07-30T12:57:00"
US Employment Costs Rise Less than Expected,Employment Cost Index,"US Employment Costs Rise Less than ExpectedUnited States Employment Cost IndexCompensation costs for civilian workers in the US increased 0.7 percent on quarter in the three months to June 2021, easing from a 0.9 percent rise in the previous period and below market expectations of a 0.9 percent gain. Wages and salaries increased 0.9 percent (vs 1 percent in Q1) and benefit cost went up 0.4 percent (vs 0.6 percent).2021-07-30T12:33:13.673"
US Personal Income Unexpectedly Rebounds,Personal Income,"US Personal Income Unexpectedly ReboundsUnited States Personal IncomePersonal income in the United States edged 0.1 percent higher in June 2021, trying to recover from a revised 2.2 percent drop in May and beating market expectations of a 0.3 percent fall. The increase in personal income in June primarily reflected an increase in compensation of employees driven by private wages and salaries, while government social benefits decreased. Within government social benefits, ""other"" social benefits decreased as economic impact payments declined. Unemployment insurance also decreased, led by decreases in payments from the Pandemic Unemployment Compensation program.2021-07-30T12:33:00"
Colgate-Palmolive earnings at 0.80 USD,Earnings,"Colgate-Palmolive earnings at 0.80 USDUnited States EarningsColgate-Palmolive (CL) released earnings per share at 0.80 USD, compared to market expectations of 0.80 USD.2021-07-30T11:24:46.127"
Caterpillar earnings at 2.60 USD,Earnings,"Caterpillar earnings at 2.60 USDUnited States EarningsCaterpillar (CAT) released earnings per share at 2.60 USD, compared to market expectations of 2.41 USD.2021-07-30T11:24:39.827"
Charter Communications earnings at 5.29 USD,Earnings,"Charter Communications earnings at 5.29 USDUnited States EarningsCharter Communications (CHTR) released earnings per share at 5.29 USD, compared to market expectations of 4.77 USD.2021-07-30T11:24:33.21"
Procter & Gamble earnings at 1.13 USD,Earnings,"Procter & Gamble earnings at 1.13 USDUnited States EarningsProcter & Gamble (PG) released earnings per share at 1.13 USD, compared to market expectations of 1.09 USD.2021-07-30T11:24:27.313"
Chevron earnings at 1.71 USD,Earnings,"Chevron earnings at 1.71 USDUnited States EarningsChevron (CVX) released earnings per share at 1.71 USD, compared to market expectations of 1.58 USD.2021-07-30T10:28:16.067"
US Treasury Yields Retreat,Government Bond 10Y,"US Treasury Yields RetreatUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.23% on Friday, remaining close to 5-month lows and extending a drop from the one-year high of 1.77% reached at the end of March. Investors have been weighing rising inflation, bets the Fed would soon start tapering and concerns over the rapid spread of coronavirus delta variant that would likely drag global growth down. In its July 2021 meeting, the Fed kept rates and QE steady and hinted that progress has been made toward conditions for tapering bond buys but offered no details on the timeline and mechanics. Meanwhile, fresh economic data released during the week showed the growth peak in the US may have passed already: the GDP grew at a lower-than-expected 6.5%; initial claims remain around the 400K level, the double of pre-pandemic levels and several big companies including Amazon, Apple and Facebook posted strong quarterly results but warned of a significant growth slowdown. 2021-07-30T06:41:00"
US Dollar Remains Near 4-week Low,Currency,"US Dollar Remains Near 4-week LowUnited States CurrencyThe dollar index was trading at 91.8 on Friday, the lowest in a month, and was set for a 0.5% monthly decline on dovish Fed remarks and weak data. The US economy expanded an annualized 6.5% qoq in Q2, below market forecasts of 8.5% and weekly jobless claims fell to 400 thousand, compared with market expectations of 380 thousand. The dollar has been under pressure since Wednesday after Fed chair Powell said that rate increases were ""a ways away"" and the job market still had ""some ground to cover"" pointing that the central bank is in no rush to withdraw stimulus. 2021-07-30T04:20:00"
Digital Realty earnings at 0.45 USD,Earnings,"Digital Realty earnings at 0.45 USDUnited States EarningsDigital Realty (DLR) released earnings per share at 0.45 USD, compared to market expectations of 0.24 USD.2021-07-30T01:33:53.723"
Vertex Pharmaceuticals earnings at 3.11 USD,Earnings,"Vertex Pharmaceuticals earnings at 3.11 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 3.11 USD, compared to market expectations of 2.37 USD.2021-07-30T01:33:12.917"
Edwards Lifesciences earnings at 0.64 USD,Earnings,"Edwards Lifesciences earnings at 0.64 USDUnited States EarningsEdwards Lifesciences (EW) released earnings per share at 0.64 USD, compared to market expectations of 0.55 USD.2021-07-30T01:32:51.967"
Gilead Sciences earnings at 1.87 USD,Earnings,"Gilead Sciences earnings at 1.87 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 1.87 USD, compared to market expectations of 1.73 USD.2021-07-30T01:32:26.43"
T-Mobile Us earnings at 0.78 USD,Earnings,"T-Mobile Us earnings at 0.78 USDUnited States EarningsT-Mobile Us (TMUS) released earnings per share at 0.78 USD, compared to market expectations of 0.51 USD.2021-07-30T01:31:50.273"
Amazon earnings at 15.12 USD,Earnings,"Amazon earnings at 15.12 USDUnited States EarningsAmazon (AMZN) released earnings per share at 15.12 USD, compared to market expectations of 12.24 USD.2021-07-30T01:31:11.743"
Mastercard earnings at 1.95 USD,Earnings,"Mastercard earnings at 1.95 USDUnited States EarningsMastercard (MA) released earnings per share at 1.95 USD, compared to market expectations of 1.74 USD.2021-07-30T01:23:26.547"
Intercontinental Exchange earnings at 1.16 USD,Earnings,"Intercontinental Exchange earnings at 1.16 USDUnited States EarningsIntercontinental Exchange (ICE) released earnings per share at 1.16 USD, compared to market expectations of 1.16 USD.2021-07-29T22:57:53.683"
Baxter International earnings at 0.80 USD,Earnings,"Baxter International earnings at 0.80 USDUnited States EarningsBaxter International (BAX) released earnings per share at 0.80 USD, compared to market expectations of 0.75 USD.2021-07-29T18:09:25.877"
Northrop Grumman earnings at 6.42 USD,Earnings,"Northrop Grumman earnings at 6.42 USDUnited States EarningsNorthrop Grumman (NOC) released earnings per share at 6.42 USD, compared to market expectations of 5.83 USD.2021-07-29T18:08:59.67"
Southern Co. earnings at 0.84 USD,Earnings,"Southern Co. earnings at 0.84 USDUnited States EarningsSouthern Co. (SO) released earnings per share at 0.84 USD, compared to market expectations of 0.79 USD.2021-07-29T18:08:53.027"
Altria earnings at 1.23 USD,Earnings,"Altria earnings at 1.23 USDUnited States EarningsAltria (MO) released earnings per share at 1.23 USD, compared to market expectations of 1.18 USD.2021-07-29T18:08:41.123"
S&P Global Inc earnings at 3.62 USD,Earnings,"S&P Global Inc earnings at 3.62 USDUnited States EarningsS&P Global Inc (SPGI) released earnings per share at 3.62 USD, compared to market expectations of 3.26 USD.2021-07-29T18:08:20.187"
American Tower earnings at 1.65 USD,Earnings,"American Tower earnings at 1.65 USDUnited States EarningsAmerican Tower (AMT) released earnings per share at 1.65 USD, compared to market expectations of 1.27 USD.2021-07-29T18:07:44.917"
Merck & Co earnings at 1.31 USD,Earnings,"Merck & Co earnings at 1.31 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 1.31 USD, compared to market expectations of 1.40 USD.2021-07-29T18:07:13.653"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 44232021-07-29T13:40:53.01
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 increased to an all-time high of 351512021-07-29T13:31:36.31
US 10-Year Treasury Yield Little Changed at 5-Month Lows,Government Bond 10Y,"US 10-Year Treasury Yield Little Changed at 5-Month LowsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was around 1.26% on Thursday, remaining close to low levels not seen since mid-February and extending a drop from the one-year high of 1.77% reached at the end of March. Investors have been weighing rising inflation, bets the Fed would soon start tapering and concerns over the rapid spread of coronavirus delta variant that would likely drag global growth down. In its July 2021 meeting, the Fed kept rates and QE steady and hinted that progress has been made toward conditions for tapering bond buys but offered no details on the timeline and mechanics. On the data front, latest figures showed the US economy grew solidly in the second quarter but more slowly than expected, and weekly initial claims were above forecasts.2021-07-29T12:49:00"
Dollar Hits 1-Month Low,currency,"Dollar Hits 1-Month LowUnited States currencyThe dollar fell below 92.0 against a basket of currencies on Thursday, its lowest level in four weeks, after economic data showed the US economic growth in the second quarter came in weaker than expected while weekly jobless claims fell less than forecast. The dollar was already under pressure, after the Federal Reserve said Wednesday that the economic recovery is on track despite a rise in COVID-19 infections and that the central bank is in no rush to withdraw stimulus. Policymakers mentioned they were moving ahead with discussions about tapering stimulus but did not set a timeline. On the price front, the central bank reiterated inflation has risen due to transitory factors. The dollar topped a 4-month high of 93.19 early in July, extending a rally from mid-June after the Fed sharply raised its forecasts for inflation this year and brought forward the time frame on when it will hike interest rates and as the rapid spread of the coronavirus delta variant prompted growth concerns.2021-07-29T12:31:00"
Comcast earnings at 0.84 USD,Earnings,"Comcast earnings at 0.84 USDUnited States EarningsComcast (CMCSA) released earnings per share at 0.84 USD, compared to market expectations of 0.66 USD.2021-07-29T11:16:16.56"
Equinix earnings at 0.76 USD,Earnings,"Equinix earnings at 0.76 USDUnited States EarningsEquinix (EQIX) released earnings per share at 0.76 USD, compared to market expectations of 1.87 USD.2021-07-29T11:03:04.26"
Lam Research earnings at 8.09 USD,Earnings,"Lam Research earnings at 8.09 USDUnited States EarningsLam Research (LRCX) released earnings per share at 8.09 USD, compared to market expectations of 7.59 USD.2021-07-29T11:01:52.05"
ServiceNow earnings at 1.42 USD,Earnings,"ServiceNow earnings at 1.42 USDUnited States EarningsServiceNow (NOW) released earnings per share at 1.42 USD, compared to market expectations of 1.21 USD.2021-07-29T11:00:41.507"
Qualcomm earnings at 1.92 USD,Earnings,"Qualcomm earnings at 1.92 USDUnited States EarningsQualcomm (QCOM) released earnings per share at 1.92 USD, compared to market expectations of 1.68 USD.2021-07-29T10:58:43.433"
PayPal earnings at 1.15 USD,Earnings,"PayPal earnings at 1.15 USDUnited States EarningsPayPal (PYPL) released earnings per share at 1.15 USD, compared to market expectations of 1.12 USD.2021-07-29T10:55:27.267"
Facebook earnings at 3.61 USD,Earnings,"Facebook earnings at 3.61 USDUnited States EarningsFacebook (FB) released earnings per share at 3.61 USD, compared to market expectations of 3.04 USD.2021-07-29T10:52:19.833"
Initial Jobless Claims Seen Falling to 380K,Initial Jobless Claims,"Initial Jobless Claims Seen Falling to 380KUnited States Initial Jobless ClaimsInitial jobless claims likely dropped last week to 380 thousand, not far from a 16-month low of 368 thousand reached at the end of June, underscoring a rapid recovery in the US economy. Still, the claims level is still more than double the pre-pandemic average, despite record job openings and stepped-up attempts by many businesses to add staff. The total number of claimants is likely to decline further in the coming weeks, due to the early phase-out of federal enhanced unemployment benefits across many states ahead of the official September expiration date, and as school reopen and demand over the summer picks up.2021-07-29T10:43:00"
US 10-Year Treasury Yield Remains at 5-Month Lows,Government Bond 10Y,"US 10-Year Treasury Yield Remains at 5-Month LowsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was around 1.26% on Thursday, remaining close to low levels not seen since mid-February and extending a drop from the one-year high of 1.77% reached at the end of March. Investors have been weighing rising inflation, bets the Fed would soon start tapering and concerns over the rapid spread of coronavirus delta variant that would likely drag global growth down. In its July 2021 meeting, the Fed kept rates and QE steady and hinted that progress has been made toward conditions for tapering bond buys but offered no details on the timeline and mechanics.2021-07-29T08:20:00"
US Dollar Continues to Fall,Currency,"US Dollar Continues to FallUnited States CurrencyThe dollar index was trading at a more than two-week low of 92.1 on Thursday after the US Federal Reserve said that the economic recovery is on track despite a rise in COVID-19 infections and that the central bank is in no rush to withdraw stimulus. Policymakers mentioned they were moving ahead with discussions about tapering stimulus but did not set a timeline. On the price front, the central bank reiterated inflation has risen due to transitory factors. The dollar topped a 4-month high of 93.19 early in July, extending a rally from mid-June after the Fed sharply raised its forecasts for inflation this year and brought forward the time frame on when it will hike interest rates and as the rapid spread of the coronavirus delta variant prompted growth concerns.
2021-07-29T06:03:00"
Treasury Yields Edge Up After Fed,Government Bond 10Y,"Treasury Yields Edge Up After FedUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note edged up to 1.26% on Wednesday, after the Fed hinted that progress has been made toward conditions for tapering bond buys as the economy has improved. Still, policymakers offered no details on the timeline and mechanics for tapering and stressed risks to the outlook remain. Meanwhile, concerns over the rapid spread of coronavirus delta variant and the impact it will have on the economy remain in the spotlight. The Biden administration is re-recommending masks and requiring vaccines for federal workers, in an attempt to contain the spread of the new virus variant. 2021-07-28T18:37:00"
Dollar Rises as Fed Signals Tapering Talks Could Start Soon,Currency,"Dollar Rises as Fed Signals Tapering Talks Could Start SoonUnited States CurrencyThe dollar index edged up to 92.7 before paring gains to around 92.4 on Wednesday as investors digest a more dovish Fed monetary policy statement. Policymakers said the economy has made progress towards inflation and employment goals and signalled tapering talks could start soon while stressing risks to the economic outlook remain. On the price front, policymakers reiterated inflation has risen due to transitory factors. The dollar topped a 4-month high of 93.19 early in July, extending a rally from mid-June after the Fed sharply raised its forecasts for inflation this year and brought forward the time frame on when it will hike interest rates and as the rapid spread of the coronavirus delta variant prompted growth concerns. 2021-07-28T18:27:00"
Humana earnings at 6.89 USD,Earnings,"Humana earnings at 6.89 USDUnited States EarningsHumana (HUM) released earnings per share at 6.89 USD, compared to market expectations of 6.82 USD.2021-07-28T15:07:09.207"
Bristol-Myers Squibb earnings at 1.93 USD,Earnings,"Bristol-Myers Squibb earnings at 1.93 USDUnited States EarningsBristol-Myers Squibb (BMY) released earnings per share at 1.93 USD, compared to market expectations of 1.89 USD.2021-07-28T15:01:28.013"
Norfolk Southern earnings at 3.28 USD,Earnings,"Norfolk Southern earnings at 3.28 USDUnited States EarningsNorfolk Southern (NSC) released earnings per share at 3.28 USD, compared to market expectations of 2.97 USD.2021-07-28T13:30:16.697"
McDonalds earnings at 2.37 USD,Earnings,"McDonalds earnings at 2.37 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 2.37 USD, compared to market expectations of 2.11 USD.2021-07-28T13:28:19.793"
ADP earnings at 1.2 USD,Earnings,"ADP earnings at 1.2 USDUnited States EarningsADP (ADP) released earnings per share at 1.2 USD, compared to market expectations of 1.14 USD.2021-07-28T13:27:35.883"
CME earnings at 1.64 USD,Earnings,"CME earnings at 1.64 USDUnited States EarningsCME (CME) released earnings per share at 1.64 USD, compared to market expectations of 1.61 USD.2021-07-28T13:27:22.17"
Boeing earnings at 0.4 USD,Earnings,"Boeing earnings at 0.4 USDUnited States EarningsBoeing (BA) released earnings per share at 0.4 USD, compared to market expectations of -0.81 USD.2021-07-28T13:26:14.767"
Pfizer earnings at 1.07 USD,Earnings,"Pfizer earnings at 1.07 USDUnited States EarningsPfizer (PFE) released earnings per share at 1.07 USD, compared to market expectations of 0.97 USD.2021-07-28T13:20:12.873"
Enterprise Products Partners earnings at 0.51 USD,Earnings,"Enterprise Products Partners earnings at 0.51 USDUnited States EarningsEnterprise Products Partners (EPD) released earnings per share at 0.51 USD, compared to market expectations of 0.50 USD.2021-07-28T13:10:19.41"
Thermo Fisher Scientific earnings at 5.60 USD,Earnings,"Thermo Fisher Scientific earnings at 5.60 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 5.60 USD, compared to market expectations of 5.47 USD.2021-07-28T13:10:00.037"
US Goods Trade Gap Widens in June,Goods Trade Balance,"US Goods Trade Gap Widens in JuneUnited States Goods Trade BalanceThe US goods trade deficit widened to USD 91.21 billion in June 2021, from USD 88.16 billion in the previous month and not far from an all-time high of USD 91.92 hit in March, the advance estimate showed. Exports edged up 0.3 percent, as increases in sales of industrial supplies (2.2 percent), automotive vehicles (1.7 percent) and consumer goods (0.7 percent) were partially offset by declines in foods, feeds, & beverages (-8.7 percent) and capital goods (-0.1 percent). Imports rose at a faster 1.5 percent, boosted by purchases of industrial supplies (8.5 percent), foods, feeds, & beverages (4.0 percent) and capital goods (1.1 percent). Meanwhile, purchases of vehicles and consumer goods were down 2.5 and 2.7 percent, respectively.2021-07-28T12:39:00"
US Wholesale Inventories Rise at Slower Pace in June,Wholesale Inventories,"US Wholesale Inventories Rise at Slower Pace in JuneUnited States Wholesale InventoriesWholesale inventories in the US went up 0.8 percent month-over-month to $715 billion in June of 2021, easing from a 1.3 percent rise in May, a preliminary estimate showed. It was the eleventh consecutive month of gains as both durable goods (1.2 percent vs 1.4 percent in May) and nondurable goods inventories (0.1 percent vs 1.2 percent) grew at a slower rate. On a yearly basis, wholesale inventories advanced 10.2 percent in June.2021-07-28T12:36:00"
US Dollar Softens ahead of Fed Rate Decision,Currency,"US Dollar Softens ahead of Fed Rate DecisionUnited States CurrencyThe dollar index was around 92.6 on Wednesday, off from four-month highs of 93.19 hit last week, as traders await the FOMC meeting for clues on the timing of tapering as policymakers face soaring US inflation. Last week, the greenback ended a volatile week by gaining 0.2%, benefiting from a safe-haven bid on fears that a surge in infections of the Delta variant could derail the global recovery. The dollar strengthened from mid-June after the Fed sharply raised its forecasts for inflation this year and brought forward the time frame on when it will hike interest rates.2021-07-28T04:02:00"
US Equities Lack Direction,Stock Market,"US Equities Lack DirectionUnited States Stock MarketUS stock futures traded mixed on Wednesday after Wall Street retreated from record highs the day before, as market participants were cautious ahead of the outcome of the FOMC meeting later in the day while worries lingered about the rapid spread of the contagious Delta variant. Meantime, the IMF on Tuesday said it now expects the US economy to grow by 7% this year, a sharp reversal from last year’s 3.5% drop and an upgrade from an earlier estimate of a 6.4% expansion made in April, buoyed by President Joe Biden’s ambitious spending plans. On the corporate side, earnings from Apple, Microsoft and Alphabet surprised on the upside. On Tuesday, the Dow fell 86 points, or 0.24%, to close at 35,058 while the S&P 500 shed 21 points, or 0.47%, to 4,401, and the Nasdaq sank 190 points, or 1.2%, to 14,661.2021-07-28T03:40:00"
Visa earnings at 1.49 USD,Earnings,"Visa earnings at 1.49 USDUnited States EarningsVisa (V) released earnings per share at 1.49 USD, compared to market expectations of 1.34 USD.2021-07-27T21:30:49.14"
Apple earnings at 1.30 USD,Earnings,"Apple earnings at 1.30 USDUnited States EarningsApple (AAPL) released earnings per share at 1.30 USD, compared to market expectations of 1.01 USD.2021-07-27T21:00:27.47"
API: US Crude Stocks Fall More Than Expected,API Crude Oil Stock Change,"API: US Crude Stocks Fall More Than ExpectedUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 4.728 million barrels in the week ended July 23rd, 2021, following 0.806 million gain in the previous week, and compared with market expectations of a 3.433 million decline, data from the American Petroleum Institute showed.2021-07-27T20:38:30.563"
Chubb earnings at 3.62 USD,Earnings,"Chubb earnings at 3.62 USDUnited States EarningsChubb (CB) released earnings per share at 3.62 USD, compared to market expectations of 3.00 USD.2021-07-27T20:31:04.707"
Mondelez International earnings at 0.66 USD,Earnings,"Mondelez International earnings at 0.66 USDUnited States EarningsMondelez International (MDLZ) released earnings per share at 0.66 USD, compared to market expectations of 0.65 USD.2021-07-27T20:30:58.027"
Stryker earnings at 2.25 USD,Earnings,"Stryker earnings at 2.25 USDUnited States EarningsStryker (SYK) released earnings per share at 2.25 USD, compared to market expectations of 2.13 USD.2021-07-27T20:30:51.413"
Advanced Micro Devices earnings at 0.63 USD,Earnings,"Advanced Micro Devices earnings at 0.63 USDUnited States EarningsAdvanced Micro Devices (AMD) released earnings per share at 0.63 USD, compared to market expectations of 0.54 USD.2021-07-27T20:30:44.787"
Starbucks earnings at 1.01 USD,Earnings,"Starbucks earnings at 1.01 USDUnited States EarningsStarbucks (SBUX) released earnings per share at 1.01 USD, compared to market expectations of 0.77 USD.2021-07-27T20:30:38.153"
Alphabet earnings at 27.26 USD,Earnings,"Alphabet earnings at 27.26 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 27.26 USD, compared to market expectations of 19.33 USD.2021-07-27T20:30:31.51"
Microsoft earnings at 2.17 USD,Earnings,"Microsoft earnings at 2.17 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 2.17 USD, compared to market expectations of 1.91 USD.2021-07-27T20:30:18.843"
US Fifth District Factory Index Strengthens to Highest Since 2004,Richmond Fed Manufacturing Index,"US Fifth District Factory Index Strengthens to Highest Since 2004United States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia went up to 27 in July of 2021 from an upwardly revised 26 in June. It was the highest reading since March 2004, buoyed by increases in the shipments and employment indexes. On the other hand, new orders declined but remained in expansionary territory. The indexes for inventories of raw materials and of finished goods declined, as both of these indexes hit record lows, and vendor lead times continued to lengthen. Manufacturers were optimistic that business conditions would improve further in the coming months. Survey results indicated that many firms increased employment and wages in July, but they struggled to find workers with the necessary skills. Survey respondents expected these trends to continue in the next six months. 2021-07-27T14:06:00"
Ecolab earnings at 1.22 USD,Earnings,"Ecolab earnings at 1.22 USDUnited States EarningsEcolab (ECL) released earnings per share at 1.22 USD, compared to market expectations of 1.21 USD.2021-07-27T13:27:01.917"
US House Price Growth Remains Close to Record: FHFA,FHFA House Price Index MoM,"US House Price Growth Remains Close to Record: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 1.7 percent from the previous month in May 2021, little-changed from 1.8 percent in April, which was the largest monthly increase since records began in 1991. For the nine census divisions, seasonally adjusted monthly house price changes ranged from +1.0 percent in the Middle Atlantic division to +2.4 percent in the Pacific division. Year-on-year, house prices surged 18.0 percent in May, the largest gain on record.2021-07-27T13:09:02.497"
Waste Management earnings at 1.27 USD,Earnings,"Waste Management earnings at 1.27 USDUnited States EarningsWaste Management (WM) released earnings per share at 1.27 USD, compared to market expectations of 1.19 USD.2021-07-27T12:23:35.877"
Boston Scientific earnings at 0.40 USD,Earnings,"Boston Scientific earnings at 0.40 USDUnited States EarningsBoston Scientific (BSX) released earnings per share at 0.40 USD, compared to market expectations of 0.37 USD.2021-07-27T12:23:29.23"
Fiserv earnings at 1.37 USD,Earnings,"Fiserv earnings at 1.37 USDUnited States EarningsFiserv (FISV) released earnings per share at 1.37 USD, compared to market expectations of 1.28 USD.2021-07-27T12:23:18.593"
Sherwin-Williams earnings at 2.65 USD,Earnings,"Sherwin-Williams earnings at 2.65 USDUnited States EarningsSherwin-Williams (SHW) released earnings per share at 2.65 USD, compared to market expectations of 2.67 USD.2021-07-27T12:23:11.947"
General Electric earnings at 0.05 USD,Earnings,"General Electric earnings at 0.05 USDUnited States EarningsGeneral Electric (GE) released earnings per share at 0.05 USD, compared to market expectations of 0.03 USD.2021-07-27T12:22:56.973"
3M earnings at 2.59 USD,Earnings,"3M earnings at 2.59 USDUnited States Earnings3M (MMM) released earnings per share at 2.59 USD, compared to market expectations of 2.29 USD.2021-07-27T12:22:43.23"
Centene earnings at 1.25 USD,Earnings,"Centene earnings at 1.25 USDUnited States EarningsCentene (CNC) released earnings per share at 1.25 USD, compared to market expectations of 1.22 USD.2021-07-27T10:22:29.577"
United Parcel Service earnings at 3.06 USD,Earnings,"United Parcel Service earnings at 3.06 USDUnited States EarningsUnited Parcel Service (UPS) released earnings per share at 3.06 USD, compared to market expectations of 2.79 USD.2021-07-27T10:21:48.877"
US Dollar Stays Near 4-Month High,Currency,"US Dollar Stays Near 4-Month HighUnited States CurrencyThe dollar index was around 92.6 on Tuesday, not far from four-month highs of 93.19 touched last week, as traders await the  FOMC meeting on Wednesday for clues on the timing of stimulus tapering. Last week, the greenback ended a volatile week by gaining 0.2%, benefiting from a safe-haven bid on fears that a surge in infections of the Delta variant could derail the global recovery. The dollar strengthened from mid-June after the Fed sharply raised its forecasts for inflation this year and brought forward the time frame on when it will hike interest rates. 2021-07-27T04:46:00"
Tesla earnings at 1.45 USD,Earnings,"Tesla earnings at 1.45 USDUnited States EarningsTesla (TSLA) released earnings per share at 1.45 USD, compared to market expectations of 0.94 USD.2021-07-26T20:30:52.143"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketUS30 CFD increased to an all-time high of 351452021-07-26T19:59:46.717
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 44232021-07-26T19:59:13.487
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 151262021-07-26T14:03:43.91
Lockheed Martin earnings at 7.13 USD,Earnings,"Lockheed Martin earnings at 7.13 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 7.13 USD, compared to market expectations of 6.53 USD.2021-07-26T12:23:01.227"
US Stocks Likely to Fall at the Open,Stock Market,"US Stocks Likely to Fall at the OpenUnited States Stock MarketUS futures were lower to start the week, after all three major averages finished at record closing highs on Friday, booking strong gains for the week. Rising concerns over the impact of coronavirus delta variant on economic growth weighed on investors' mood while traders await the FOMC decision on Wednesday and earnings report from big tech companies. Tesla, Apple, Alphabet, Microsoft and Facebook are due to report during the week. Meanwhile, US-listed shares of large Chinese companies fell in pre-market trading, following a big sell-off in Chinese and Hong Kong markets amid regulatory pressure and reforms from Beijing. 2021-07-26T12:08:00"
US 10-Year Treasury Yield Back to 5-Month Lows,Government Bond 10Y,"US 10-Year Treasury Yield Back to 5-Month LowsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note retreated to 1.23% in the 4th week of July, back to 5-month lows, as investors await the FOMC meeting later in the week for further clues on the Fed's next moves, stimulus and economic outlook. Also, concerns over the rapid spread of coronavirus delta variant and the impact it will have on the economy remain in the spotlight. Dr. Anthony Fauci warned on Sunday that the coronavirus pandemic is now “going in the wrong direction” in the US and Covid-19 hospitalizations in Los Angeles County more than doubled in 2 weeks.2021-07-26T08:16:00"
US Dollar Holds Near 4-Month High,Currency,"US Dollar Holds Near 4-Month HighUnited States CurrencyThe dollar index was around 92.7 at the start of the week, hovering near four-month highs of 93.19 touched last week, as investors anticipate the FOMC meeting this week for clues on the timing of stimulus tapering. Last week, the greenback ended a volatile week by gaining 0.2%, benefiting from a safe-haven bid on fears that a surge in infections of the  Delta variant could derail the global recovery. The dollar strengthened from mid-June after the Fed sharply raised its forecasts for inflation this year and brought forward the time frame on when it will hike interest rates.2021-07-26T04:31:00"
US Stocks Set to Open Lower to Start the Week,Stock Market,"US Stocks Set to Open Lower to Start the WeekUnited States Stock MarketUS stock futures moved markedly lower on Monday, as traders were downbeat after the nation’s top infectious diseases expert Anthony Fauci said Sunday that the US was in an “unnecessary predicament” of soaring COVID-19 cases fueled by unvaccinated Americans. In recent data, a preliminary estimate showed services activity in the US easing in July; while factory activity grew the most on record, with new orders accelerating and employment rising the most in three months. Market participants now await the release of the first estimate of Q2 US GDP later in the week, along with a monetary policy decision by the Fed on Wednesday. On Friday, Wall Street finished a volatile week in record territory, as traders shrugged off concerns about the spread of the  Delta variant to focus on prospects of a solid global economic recovery and continued fiscal and monetary support.  The Dow rose more than 1% for the week, the S&P added 2%, while the Nasdaq outperformed its peers, surging almost 3%.2021-07-26T03:19:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 151262021-07-25T23:18:54.52
US Dollar Resumes The Rally,Currency,"US Dollar Resumes The RallyUnited States CurrencyThe dollar index has extended its upward momentum, getting closer to a four-month high of 93.19 touched on Wednesday as demand for safe-heaven assets remains strong on worries about the further spread of the Delta COVID-19 variant. Also, while concerns are increasing about the US economic recovery, the pace of growth is still much stronger compared to other countries. Looking deeper, the dollar has been strengthening from mid-June after the Fed sharply raised its forecasts for inflation this year and brought forward the time frame on when it will hike interest rates.  2021-07-23T15:02:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 43942021-07-23T14:39:01.69
US Private Sector Activity Growth Eases in July,Composite PMI,"US Private Sector Activity Growth Eases in JulyUnited States Composite PMIThe IHS Markit US Composite PMI dropped to 59.7 in July 2021, moving further away from May's record high, a preliminary estimate showed. Output growth slowed to a four-month low, but remained strong overall, as firms continued to report widespread capacity constraints. New business continued to expand at a solid pace, with exports of goods and services rising at a similar strong clip to that seen in June. In addition, the pace of job creation eased to a four-month low, amid labor shortages in the service sector. On the price front, the rates of input cost inflation and selling price inflation remained historically steep in July. Finally, the degree of business confidence slipped to a seven-month low, due to heightened labor and material shortages, rising inflationary pressures and concerns over the pandemic.2021-07-23T13:59:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 150042021-07-23T13:30:03.59
Kimberly Clark earnings at 1.47 USD,Earnings,"Kimberly Clark earnings at 1.47 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 1.47 USD, compared to market expectations of 1.74 USD.2021-07-23T12:23:01.937"
NextEra Energy earnings at 0.71 USD,Earnings,"NextEra Energy earnings at 0.71 USDUnited States EarningsNextEra Energy (NEE) released earnings per share at 0.71 USD, compared to market expectations of 0.69 USD.2021-07-23T12:22:47.573"
Roper Industries earnings at 3.76 USD,Earnings,"Roper Industries earnings at 3.76 USDUnited States EarningsRoper Industries (ROP) released earnings per share at 3.76 USD, compared to market expectations of 3.67 USD.2021-07-23T11:18:43.91"
American Express earnings at 2.80 USD,Earnings,"American Express earnings at 2.80 USDUnited States EarningsAmerican Express (AXP) released earnings per share at 2.80 USD, compared to market expectations of 1.63 USD.2021-07-23T11:18:12.353"
Honeywell International earnings at 2.02 USD,Earnings,"Honeywell International earnings at 2.02 USDUnited States EarningsHoneywell International (HON) released earnings per share at 2.02 USD, compared to market expectations of 1.94 USD.2021-07-23T11:18:06.347"
US 10Y Yield Continue to Rise,Government Bond 10Y,"US 10Y Yield Continue to RiseUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note continued its upward momentum almost reaching 1.3% on Friday, recovering further from a 5-month low of 1.2 reached on July 19th as investors turn to risker assets. At the beginning of the week, the demand for bonds increased sharply as attention turned again to the rapid spread of Covid-19 variants and rising inflation. And yesterday, disappointing claims report raised further concerns about the strength of the economic recovery. Investors now await Markit’s July PMI data due today and Fed's monetary policy decision next week. 2021-07-23T07:27:00"
Intel earnings at 1.28 USD,Earnings,"Intel earnings at 1.28 USDUnited States EarningsIntel (INTC) released earnings per share at 1.28 USD, compared to market expectations of 1.07 USD.2021-07-22T20:23:03.01"
Tenth District Manufacturing Activity Grows at Record Pace,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Grows at Record PaceUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index jumped to a record high of 41 in July of 2021 from 30 in the previous month. The growth in manufacturing activity continued to be driven by increased activity at durable goods plants, especially primary and fabricated metals, computer and electronic products, transportation equipment, and furniture manufacturing. “Regional factory activity continued to expand in July and expectations remain positive. However, 89% of firms reported supply chain issues and 91% reported labor shortages. Many manufacturers have increased overtime for current workers and are raising starting wages to attract applicants”, said Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City.2021-07-22T15:29:00"
"Dollar Fluctuates on Claims, Earnings",Currency,"Dollar Fluctuates on Claims, EarningsUnited States CurrencyThe dollar index briefly fell to 92.5 before coming back to 92.7 on Thursday as investors digest an unexpected rise in initial claims and strong earnings report. Initial jobless claims went up to a 2-month high 419K in the latest week, underscoring the unevenness of the labor market’s recovery while most corporate results have so far surprised on the upside. Still, the dollar has been on the rise since mid-June and remains close to 4-month highs after the Fed sharply raised its forecasts for inflation this year and brought forward the time frame on when it will hike interest rates.2021-07-22T13:29:00"
US 10-Year Treasury Yield Falls after Claims,Government Bond 10Y,"US 10-Year Treasury Yield Falls after Claims United States Government Bond 10YThe yield on the benchmark US 10-year Treasury note edged down to 1.27% on Thursday, as the 2-day rally eased after a disappointing claims report raised further concerns about the strenght of the economic recovery. Early in the session, the benchmark yield touched 1.31% as investors pause for breath and try to shrug off concerns over the impact of the spread of the new coronavirus delta variant on the global economy. Still, the yields remain well below 1.45% hit early in the month and 1.7% in mid-May. Last week, Fed Chair Powell said substantial further progress toward full employment and price stability is still a ways off and signalled the central bank is not even close to tightening and that inflation will remain high for some months before moderating.2021-07-22T12:49:00"
US Chicago Fed National Activity Index Falls in June,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index Falls in JuneUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index went down to 0.09 in June of 2021 from a downwardly revised 0.26 in May. Production-related indicators contributed +0.01, down from +0.26 in May. The contribution of the employment, unemployment, and hours category moved down to +0.09 from +0.15. Meantime, the personal consumption and housing category contributed -0.08, up slightly from -0.11; and the contribution of the sales, orders, and inventories category increased to +0.06 from -0.04. The index’s three-month moving average declined to +0.06 from +0.80.2021-07-22T12:36:00"
American Electric Power earnings at 1.18 USD,Earnings,"American Electric Power earnings at 1.18 USDUnited States EarningsAmerican Electric Power (AEP) released earnings per share at 1.18 USD, compared to market expectations of 1.12 USD.2021-07-22T12:21:01.363"
Newmont Mining earnings at 0.83 USD,Earnings,"Newmont Mining earnings at 0.83 USDUnited States EarningsNewmont Mining (NEM) released earnings per share at 0.83 USD, compared to market expectations of 0.81 USD.2021-07-22T12:20:54.75"
Biogen earnings at 5.68 USD,Earnings,"Biogen earnings at 5.68 USDUnited States EarningsBiogen (BIIB) released earnings per share at 5.68 USD, compared to market expectations of 4.60 USD.2021-07-22T12:20:48.12"
Blackstone earnings at 0.82 USD,Earnings,"Blackstone earnings at 0.82 USDUnited States EarningsBlackstone (BX) released earnings per share at 0.82 USD, compared to market expectations of 0.78 USD.2021-07-22T12:20:31.18"
Marsh & McLennan Companies earnings at 1.75 USD,Earnings,"Marsh & McLennan Companies earnings at 1.75 USDUnited States EarningsMarsh & McLennan Companies (MMC) released earnings per share at 1.75 USD, compared to market expectations of 1.42 USD.2021-07-22T12:20:24.553"
Union Pacific earnings at 2.72 USD,Earnings,"Union Pacific earnings at 2.72 USDUnited States EarningsUnion Pacific (UNP) released earnings per share at 2.72 USD, compared to market expectations of 2.54 USD.2021-07-22T12:20:10.31"
AT&T earnings at 0.89 USD,Earnings,"AT&T earnings at 0.89 USDUnited States EarningsAT&T (T) released earnings per share at 0.89 USD, compared to market expectations of 0.79 USD.2021-07-22T12:20:01.687"
Abbott earnings at 1.17 USD,Earnings,"Abbott earnings at 1.17 USDUnited States EarningsAbbott (ABT) released earnings per share at 1.17 USD, compared to market expectations of 1.02 USD.2021-07-22T12:19:55.12"
Danaher earnings at 2.46 USD,Earnings,"Danaher earnings at 2.46 USDUnited States EarningsDanaher (DHR) released earnings per share at 2.46 USD, compared to market expectations of 2.05 USD.2021-07-22T10:17:09.71"
Las Vegas Sands earnings at -0.26 USD,Earnings,"Las Vegas Sands earnings at -0.26 USDUnited States EarningsLas Vegas Sands (LVS) released earnings per share at -0.26 USD, compared to market expectations of -0.15 USD.2021-07-21T20:23:56.757"
CSX earnings at 0.40 USD,Earnings,"CSX earnings at 0.40 USDUnited States EarningsCSX (CSX) released earnings per share at 0.40 USD, compared to market expectations of 0.37 USD.2021-07-21T20:23:35.527"
Crown Castle International earnings at 0.77 USD,Earnings,"Crown Castle International earnings at 0.77 USDUnited States EarningsCrown Castle International (CCI) released earnings per share at 0.77 USD, compared to market expectations of 0.68 USD.2021-07-21T20:23:29.223"
Texas Instruments earnings at 1.99 USD,Earnings,"Texas Instruments earnings at 1.99 USDUnited States EarningsTexas Instruments (TXN) released earnings per share at 1.99 USD, compared to market expectations of 1.83 USD.2021-07-21T20:23:23.607"
US Stocks Rise for Second Day,Stock Market,"US Stocks Rise for Second DayUnited States Stock MarketThe three major US stock indexes gained further ground on Wednesday, led by gains in energy and financials, as upbeat quarterly results from companies including Coca-Cola and Verizon boosted confidence about the pace of the economic recovery. Still, investors remained concerned over the threats posed by the rapid spread of the Covid-19 delta variant on business activity. The blue-chip Dow added 286 points, or 0.8%, to 34,798, led by a rally in Chevron. The S&P 500 rose 0.8% to 4,359, with those economically sensitive sectors leading gains. The tech-heavy Nasdaq Composite went up 0.9% to 14,632.2021-07-21T20:01:00"
US Crude Stocks Rise for 1st Time in Over 2 Months,Crude Oil Stocks Change,"US Crude Stocks Rise for 1st Time in Over 2 MonthsUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 2.108 million barrels in the July 16th week, ending an eighth consecutive period of declines and compared with market consensus of a 4.466 million fall, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were down by 0.121 million barrels, less than forecasts of a 1.043 million decrease.2021-07-21T14:34:00"
US Stocks Rise as Focus Shifts to Earnings,Stock Market,"US Stocks Rise as Focus Shifts to EarningsUnited States Stock MarketUS stocks were trading higher on Wednesday, extending a rally from the previous session and recovering further from Monday’s deep sell-off. Stocks are likely to remain volatile this week as the earnings season continues and investors try to shrug off concerns over the rapid spread of the Covid-19 delta variant and the impact it will have on the global economy. On the corporate front, Johnson & Johnson earnings and revenue beat forecasts and Coca-Cola and Verizon also topped estimates. On the other hand, Netflix earnings were lower-than-expected and third-quarter subscriber guidance disappointed.2021-07-21T13:33:00"
Verizon earnings at 1.37 USD,Earnings,"Verizon earnings at 1.37 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.37 USD, compared to market expectations of 1.30 USD.2021-07-21T11:17:56.933"
Coca-Cola earnings at 0.68 USD,Earnings,"Coca-Cola earnings at 0.68 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.68 USD, compared to market expectations of 0.56 USD.2021-07-21T11:17:51.177"
Johnson & Johnson earnings at 2.48 USD,Earnings,"Johnson & Johnson earnings at 2.48 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.48 USD, compared to market expectations of 2.29 USD.2021-07-21T10:48:21.78"
Anthem earnings at 7.03 USD,Earnings,"Anthem earnings at 7.03 USDUnited States EarningsAnthem (ANTM) released earnings per share at 7.03 USD, compared to market expectations of 6.34 USD.2021-07-21T10:17:36.947"
Dow and S&P Futures Rise,Stock Market,"Dow and S&P Futures RiseUnited States Stock MarketContracts on the Dow Jones and S&P 500 futures traded in the green on Wednesday, following a big rally in the previous session that clawed back much of their losses from Monday’s sell-off. Nasdaq futures however, reversed early gains to trade slightly lower. Stocks are likely to remain volatile this week as the earnings season continues and investors try to shrug off concerns over the rapid spread of the Covid-19 delta variant and the impact it will have on the global economy. On the corporate front, Johnson & Johnson earnings and revenue beat forecasts and Coca-Cola and Verizon also topped estimates. On the other hand, Netflix earnings were lower-than-expected and third quarter subscriber guidance disappointed. On Tuesday, the Dow Jones jumped 550 points, or 1.6%, to 34,512, led by a rally in Boeing. The S&P 500 climbed 1.5% to 4,323 with financials and industrials sectors as the best performers. The Nasdaq Composite went up 1.6% to 14,499.2021-07-21T07:14:00"
Dollar Remains Strong,Currency,"Dollar Remains StrongUnited States CurrencyThe dollar edged down to below 93 on Wednesday but remained near 4-month highs, as demand for safe-haven assets stayed strong amid persistent fears over the impact of a surge in global COVID-19 cases, with the Delta variant becoming the dominant strain worldwide. The dollar has been on the rise since mid-June after the Fed set a more hawkish tone during its last FOMC meeting and sharply raised its forecasts for inflation this year and brought forward the time frame on when it will hike interest rates. Since then, Chair Powell apparently adopted a more dovish tone, saying the Fed is in no rush to start tapering as the economic recovery remains far from complete. Still, in the absence of further catalysts and with risk-off mood spreading across global investors, the dollar has room to appreciate further. 2021-07-21T04:34:00"
API: US Crude Oil Inventories Unexpectedly Rise,API Crude Oil Stock Change,"API: US Crude Oil Inventories Unexpectedly RiseUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 0.806 million barrels in the week ended July 16th, 2021, after a 4.079 million fall in the previous week and compared with market expectations of a 4.167 million decline, data from the American Petroleum Institute showed.2021-07-20T20:43:15.877"
Intuitive Surgical earnings at 3.92 USD,Earnings,"Intuitive Surgical earnings at 3.92 USDUnited States EarningsIntuitive Surgical (ISRG) released earnings per share at 3.92 USD, compared to market expectations of 3.07 USD.2021-07-20T20:24:30.45"
Netflix earnings at 2.97 USD,Earnings,"Netflix earnings at 2.97 USDUnited States EarningsNetflix (NFLX) released earnings per share at 2.97 USD, compared to market expectations of 3.16 USD.2021-07-20T20:06:50.663"
Philip Morris International earnings at 1.57 USD,Earnings,"Philip Morris International earnings at 1.57 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.57 USD, compared to market expectations of 1.54 USD.2021-07-20T11:18:24.233"
IBM earnings at 2.33 USD,Earnings,"IBM earnings at 2.33 USDUnited States EarningsIBM (IBM) released earnings per share at 2.33 USD, compared to market expectations of 2.29 USD.2021-07-19T20:20:45.74"
Dow Posts Worst Day in Months,Stock Market,"Dow Posts Worst Day in MonthsUnited States Stock MarketAll three main US stock indexes ended sharply lower on Monday, with the Dow Jones sinking more than 700 points to post its worst session since October, as investors grew worried over the spread of the coronavirus delta variant. Government bond yields also slid as several countries across the globe were forced to tighten containment measures to curb new outbreaks. Traders also worry that rising prices could prompt central banks to hike interest rates sooner than anticipated. Still, Fed Chair Powell reiterated last week before Congress that inflation should ease or reverse over time while acknowledging that the US is amid an unparalleled reopening. The blue-chip Dow dropped 726 points, or 2.1%, to 33,962, led by a decline in Boeing. The S&P 500 fell 1.6% to 4,259, with energy, financial and industrial sectors among the worst performers. The tech-heavy Nasdaq Composite fell 1.1% to 14,275, its fifth-straight day of losses and worst losing streak since October.2021-07-19T17:43:00"
US Stocks Fall Sharply on Growth Worries,Stock Market,"US Stocks Fall Sharply on Growth WorriesUnited States Stock MarketAll 3 main US stock indexes were sharply lower on Monday, with cyclical stocks including airlines and banks among the worst performers as investors worry over the spread of the coronavirus delta variant and the impact it would have on the economic activity.  Government bond yields also slid as several countries across the globe were forced to tighten containment measures to curb new outbreaks. Traders also worry that rising prices could prompt central banks to hike interest rates sooner-than-anticipated. Still, Fed Chair Powell reiterated last week before Congress that inflation should ease or reverse over time while acknowledging that the US is in the midst of an unparalleled reopening. Meanwhile, the earnings season continues United Airlines, American Airlines, Johnson & Johnson, Coca-Cola, Honeywell, IBM, Intel and Netflix due to report during the week.2021-07-19T13:32:00"
ProLogis earnings at 0.49 USD,Earnings,"ProLogis earnings at 0.49 USDUnited States EarningsProLogis (PLD) released earnings per share at 0.49 USD, compared to market expectations of 0.45 USD.2021-07-19T13:19:27.897"
US Stock Futures Point to Negative Start,Stock Market,"US Stock Futures Point to Negative StartUnited States Stock MarketUS equity futures fell on Monday, amid signs that the global economic recovery might start slowing due to rising COVID-19 cases and inflationary pressure. Several countries across the globe were forced to tighten containment measures to curb new outbreaks, while investors worry that rising prices could prompt central banks to hike interest rates sooner-than-anticipated. Still, Fed Chair Powell reiterated last week before Congress that inflation should ease or reverse over time while acknowledging that the US is in the midst of an unparalleled reopening. In recent data, US retail trade rose 0.6% mom in June, following a revised 1.7% drop in May and easily beating market expectations of a 0.4% fall. On the corporate front, IBM and Prologis are due to report their latest results later today. On Friday, the Dow Jones shed 0.9% to 34,688, its lowest in over a month. The S&P 500 lost 0.8% to 4,327 and the Nasdaq declined 0.8% to 14,427.2021-07-19T09:40:00"
Dollar Index Hits 15-week High,currency,Dollar Index Hits 15-week HighUnited States currencyDXY increased to a 15-week high of 92.8462021-07-19T07:05:24.51
US Stock Futures Fall to Start the Week,Stock Market,"US Stock Futures Fall to Start the WeekUnited States Stock MarketUS stock futures pointed to a negative start on Monday after all three major indexes on Wall Street ended lower Friday, as traders continued worrying about rising inflation while awaited key earnings reports from IBM and Prologis. Fed Chair Powell reiterated Thursday before Congress that signs of inflation should ease or reverse over time while acknowledging that the US is in the midst of an unparalleled reopening. In recent data, US retail trade rose 0.6% mom in June, following a revised 1.7% drop in May and easily beating market expectations of a 0.4% fall. On the pandemic side, new infections in New York hit over 1,000 daily cases during the past day, the highest since May, according to Governor Andrew Cuomo. On Friday, the Dow Jones shed 0.9% to 34,688, its lowest in over a month. The S&P 500 lost 0.8% to 4,327. The Nasdaq also shed 0.8% to 14,427.2021-07-19T06:09:00"
US Stocks Set to Open Lower to Start the Week,Stock Market,"US Stocks Set to Open Lower to Start the WeekUnited States Stock MarketUS stock futures fell markedly on Monday after all three major indexes on Wall Street finished lower Friday, as investors continued worrying about rising inflationary pressures and surging coronavirus cases. Meantime, Fed Chair Powell reiterated Thursday before Congress that signs of inflation should ease or reverse over time while acknowledging that the US is in the midst of an unparalleled reopening. In recent data,  the consumer sentiment index from the University of Michigan came in at 80.8 for the first half of July, down from 85.5 last month, with consumers assuming prices will jump 4.8% in the next year, the highest since August 2008. Meanwhile, US retail trade rose 0.6 percent from a month earlier in June 2021, following a revised 1.7 percent decline in May and easily beating market expectations of a 0.4 percent decline. On Friday, the Dow Jones shed 0.9% to 34,688, its lowest in over a month. The S&P 500 lost 0.8% to 4,327. The Nasdaq also shed 0.8% to 14,427. 2021-07-19T03:01:00"
US Books Capital Inflow in May,Capital Flows,"US Books Capital Inflow in MayUnited States Capital FlowsThe United States recorded a capital and financial account surplus of USD 105.3 billion in May of 2021, up from a revised USD 100.1 billion in the prior month. Foreign investors sold USD 93.4 billion in Treasuries in May, compared with an inflow of USD 49.6 billion the previous month. Meanwhile, foreigners sold USD 30.2 billion of long-term US securities. 2021-07-16T20:14:03.75"
US Business Inventories Match Forecasts,Business Inventories,"US Business Inventories Match ForecastsUnited States Business InventoriesManufacturers’ and trade inventories in the US increased 0.5% mom in May of 2021, following a revised 0.1% rise in April and in line with market expectations. Stocks were up at wholesalers (1.3%) and manufacturers (0.9%) but fell 0.8% at retailers. Year on year, business inventories jumped 4.5%.2021-07-16T14:08:22.307"
Charles Schwab earnings at 0.70 USD,Earnings,"Charles Schwab earnings at 0.70 USDUnited States EarningsCharles Schwab (SCHW) released earnings per share at 0.70 USD, compared to market expectations of 0.76 USD.2021-07-16T13:21:20.853"
US30 traded above 35000,stock market,US30 traded above 35000 United States stock marketUnited States Stock Market Index (US30) rose above 35000 points to 350022021-07-16T05:02:28.343
US Dollar Index Steady Below 3-Month Highs,Currency,"US Dollar Index Steady Below 3-Month HighsUnited States CurrencyThe US Dollar Index was below 3-month highs at 92.6 on Friday as investors digested comments from Federal Reserve Chairman Jerome Powell suggesting the central bank is in no hurry to dial back emergency stimulus despite rising price pressures. Powell told lawmakers that the recent inflationary pressure would be temporary , noting that inflation will likely remain elevated in coming months, temporarily boosted by base effects before moderating, adding that there is still a long way to go before the labor market fully recovers from the pandemic hit. On the bond markets, US 10-year Treasury bonds yields were at 5-month lows of 1.307%. 2021-07-16T01:06:00"
US Stock Futures Edge Lower,Stock Market,"US Stock Futures Edge LowerUnited States Stock MarketUS Futures Move slightly lower in overnight trade Thursday, following a mixed close in the previous session as investors digested the first major week of second-quarter earnings reports. Meantime, concerns about a recent spike in inflation and rising COVID-19 cases across the globe continued to mount, while a sharp decline in oil prices hit the energy sector. Federal Reserve Chair Jerome Powell told lawmakers that the recent inflationary pressure would be temporary, but many investors still worried about a sooner-than-expected tightening of monetary policy. Among data, investors welcomed signs of labor market recovery, after weekly jobless claims dropped to a 16-month low last week. On Thursday, the Dow Jones gained 0.2% to 34,987; the S&P 500 fell 0.3% to 4,360; and the Nasdaq declined 0.7% to 14,543, marking its longest losing streak in nearly two months.2021-07-16T00:20:39.867"
Progressive earnings at 1.34 USD,Earnings,"Progressive earnings at 1.34 USDUnited States EarningsProgressive (PGR) released earnings per share at 1.34 USD, compared to market expectations of 1.07 USD.2021-07-15T13:20:18.167"
Philadelphia Factory Growth at 7-Month Low,Philadelphia Fed Manufacturing Index,"Philadelphia Factory Growth at 7-Month LowUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US fell for the third month to 21.9 in July of 2021 from 30.7 in June, the lowest since December and below market forecasts of 28. The firms’ responses continued to suggest ongoing growth in the region’s manufacturing sector this month. The survey’s indicators for general activity, new orders, and shipments remain elevated but declined. The firms also continued to report increases in prices. Most of the survey’s future indexes tempered but continue to indicate overall optimism about growth over the next six months. 2021-07-15T12:37:00"
US Export Prices Rise as Expected in June,Export Prices MoM,"US Export Prices Rise as Expected in JuneUnited States Export Prices MoMPrices for US exports climbed 1.2 percent from a month earlier in June of 2021, following a 2.2 percent advance in May and in line with market expectations. It was the 13th straight monthly rise in export prices. The cost of agricultural products rose 1.5 percent, as higher meat prices (10.6 percent) more than offset lower prices in corn (-6.1 percent); wheat (-5.2 percent); and soybean (-1.3 percent). Meanwhile, nonagricultural export charges went up 1.1 percent from a month earlier, driven by industrial supplies & materials (1.9 percent); capital goods (0.4 percent); consumer goods (1.0 percent); automotive vehicles & parts (0.1 percent); and nonagricultural foods (0.1 percent). Year-on-year, export prices hiked 16.8 percent, easing from an upwardly revised record 17.5 percent  jump in May.2021-07-15T12:35:00"
Morgan Stanley earnings at 1.85 USD,Earnings,"Morgan Stanley earnings at 1.85 USDUnited States EarningsMorgan Stanley (MS) released earnings per share at 1.85 USD, compared to market expectations of 1.66 USD.2021-07-15T11:49:33.717"
US Bancorp earnings at 1.28 USD,Earnings,"US Bancorp earnings at 1.28 USDUnited States EarningsUS Bancorp (USB) released earnings per share at 1.28 USD, compared to market expectations of 1.12 USD.2021-07-15T11:18:59.457"
UnitedHealth earnings at 4.70 USD,Earnings,"UnitedHealth earnings at 4.70 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 4.70 USD, compared to market expectations of 4.43 USD.2021-07-15T10:18:42.31"
US 10-Year Treasury Yield Remains Near 5-Month Low,Government Bond 10Y,"US 10-Year Treasury Yield Remains Near 5-Month LowUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was around 1.3% in mid-July, remaining at the weakest level since February, and retreating from 1.45% hit early in the month, as investors digest dovish Fed comments. Fed Chair Powell said substantial further progress toward full employment and price stability is still a ways off and signalled the central bank is not even close to tightening and that inflation will remain high for some months before moderating. The annual inflation rate hit 5.4% in June, a new 2008 high and above forecasts of 4.9%.2021-07-15T07:52:00"
US Dollar Index Trades Near 3-Month Peak,Currency,"US Dollar Index Trades Near 3-Month PeakUnited States CurrencyThe US Dollar Index edged up to 92.6 on Thursday, after declining 0.5% in the previous session as investors digested dovish comments from Federal Reserve Chairman Jerome Powell suggesting the central bank is in no hurry to dial back emergency stimulus despite rising price pressures. Powell said inflation will likely remain elevated in coming months, temporarily boosted by base effects, before moderating, noting that there is still a long way to go before the labor market fully recovers from the pandemic hit. Still, rising coronavirus cases in some parts of Asia and fears over the spread of the delta variant offered the greenback some support.2021-07-15T00:48:00"
US Stock Futures Steady at Record Highs,Stock Market,"US Stock Futures Steady at Record HighsUnited States Stock MarketUS futures were steady in overnight trade Wednesday as investors digested comments from Federal Reserve Chairman Jerome Powell suggesting the central bank is in no hurry to dial back emergency stimulus despite rising price pressure. Powell said inflation will likely remain elevated in coming months, temporarily boosted by base effects, before moderating, noting that there is still a long way to go before the labor market fully recovers from the pandemic hit. On the earnings front, Bank of America, Citigroup, Wells Fargo, PNC and BlackRock all beat market expectations. On the political front, Senate Democrats agreed to roughly $3.5 trillion spending bill to be include in a budget resolution that will be debated soon. On Wednesday, the Dow rose 0.13%, helped by a 2.4% gain in Apple’s stock, the S&P 500 climbed 0.12% after hitting an intraday record earlier in the session. The Nasdaq Composite dipped 0.2%. 2021-07-15T00:06:00"
US Stocks Book Small Gains on Powell Testimony,Stock Market,"US Stocks Book Small Gains on Powell TestimonyUnited States Stock MarketThe Dow Jones and S&P closed higher for the third time in four days Wednesday, as investors digested comments from Federal Reserve chief Jerome Powell suggesting the central bank is in no hurry to dial back emergency stimulus despite rising price pressure. Powell said inflation will likely remain elevated in coming months, temporarily boosted by base effects, before moderating; while there is still a long way to go before the labor market fully recovers from the pandemic hit. Elsewhere, more earnings reports poured in, with Bank of America, Citigroup, Wells Fargo, PNC and BlackRock all beating market expectations. On the political front, Senate Democrats agreed to roughly $3.5 trillion spending bill to be include in a budget resolution that will be debated soon. Meanwhile, the Nasdaq ended 0.2% lower, even as Apple hit an all-time high as it asked suppliers to boost production of its next-generation iPhones by 20%.2021-07-14T20:05:00"
US Crude Stocks Fall for 8th Week,Crude Oil Stocks Change,"US Crude Stocks Fall for 8th WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 7.897 million barrels in the July 9th week, an eighth consecutive period of decline and compared with market consensus of a 4.359 million fall, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were up by 1.039 million barrels, defying forecasts of a 1.786 million decrease.2021-07-14T15:33:06.037"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 150032021-07-14T14:04:36.367
Dollar Retreats Further after Powell,Currency,"Dollar Retreats Further after PowellUnited States CurrencyThe dollar index extended losses to 92.4 on Wednesday, retreating further from over three-month highs in the previous session, after comments from Fed Chair Powell signaled the central bank is not even close to tightening and that inflation will remain high for some months before moderating. Fed Chair also added that the economic recovery is still a ways off from complete. 2021-07-14T13:38:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 43922021-07-14T13:34:34.497
10-Year Treasury Yield Eases on Powell Comments,Government Bond 10Y,"10-Year Treasury Yield Eases on Powell CommentsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note retreated to 1.37% on Wednesday from 1.42% early in the session, after comments from Fed Chair Powell signalled the central bank is not even close to tightening and that inflation will remain high for some months before moderating. The inflation hit a new 2008 high of 5.4% in June, above forecasts of 4.9%, raising bets the Fed would tight its ultra-ease policy soon. Meanwhile, the Treasury Department saw poor demand for the 30-year bond auction but solid demand for a $58 billion sale of 3-year notes and a $38 billion sale of 10-year notes.2021-07-14T13:14:05.73"
PNC earnings at 4.50 USD,Earnings,"PNC earnings at 4.50 USDUnited States EarningsPNC (PNC) released earnings per share at 4.50 USD, compared to market expectations of 3.16 USD.2021-07-14T12:09:45.983"
Citigroup earnings at 2.85 USD,Earnings,"Citigroup earnings at 2.85 USDUnited States EarningsCitigroup (C) released earnings per share at 2.85 USD, compared to market expectations of 1.94 USD.2021-07-14T12:04:32.56"
Wells Fargo earnings at 1.38 USD,Earnings,"Wells Fargo earnings at 1.38 USDUnited States EarningsWells Fargo (WFC) released earnings per share at 1.38 USD, compared to market expectations of 0.95 USD.2021-07-14T12:03:50.257"
Dollar Edges Down,Currency,"Dollar Edges DownUnited States CurrencyThe dollar index edged down to 92.6 on Wednesday, retreating from over three-month highs in the previous session, as investors assess the impact of a spike in inflation rate and the need the Fed would have to tighten policy sooner than expected. Traders now await Fed Chair Powell testimony before Congress on Wednesday and Thursday for any further clues on inflation and monetary policy path. 2021-07-14T11:22:27.853"
Bank Of America earnings at 1.03 USD,Earnings,"Bank Of America earnings at 1.03 USDUnited States EarningsBank Of America (BAC) released earnings per share at 1.03 USD, compared to market expectations of 0.77 USD.2021-07-14T10:55:47.56"
BlackRock earnings at 10.03 USD,Earnings,"BlackRock earnings at 10.03 USDUnited States EarningsBlackRock (BLK) released earnings per share at 10.03 USD, compared to market expectations of 9.28 USD.2021-07-14T10:17:31.22"
US 10-Year Treasury Yield at 4-Month Highs,Government Bond 10Y,"US 10-Year Treasury Yield at 4-Month HighsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was around 4-month highs of 1.4% in mid-July after fresh US CPI data renewed concerns about a spike in inflation and the need of a faster Fed tightening. The inflation hit a new 2008 high of 5.4% in June, above forecasts of 4.9%. Other economic data to be released including retail sales and industrial production will provide a further update on the economic recovery. Meanwhile, the Treasury Department saw poor demand for the 30-year bond auction but solid demand for a $58 billion sale of 3-year notes and a $38 billion sale of 10-year notes. 2021-07-14T07:52:44.473"
US Dollar Index Refreshes 3-Month Highs,Currency,"US Dollar Index Refreshes 3-Month HighsUnited States CurrencyThe US Dollar Index held at 92.77 in early APAC trade Wednesday, trading at 3-month highs after a solid lift of 0.6% in the previous session, after fresh data showed US inflation rate hit a new 2008-high of 5.4% in June, well above market expectations of 4.9%. The Fed has been reiterating that a spike in CPI is likely to be temporary but investors worry the inflation may rise even further, leading the Fed to tighten policy sooner than expected. On the bond markets, 10-year Treasury bonds were yielding 1.403%. Market participants will be closely monitoring Federal Reserve Chair Jerome Powell’s testimony before Congress on Wednesday and Thursday for any further clues on inflation.2021-07-14T01:08:00"
US Stock Futures Flat Below Records,Stock Market,"US Stock Futures Flat Below RecordsUnited States Stock MarketUS Futures were little changed in overnight trade on Tuesday after retreating from record highs in the previous session as investors digested a larger-than-expected increase in US consumer prices amid earnings from JPMorgan and Goldman Sachs. The headline inflation jumped 5.4% in June from a year earlier to the highest level since 2008, due to rising prices of used cars and a rebound in costs of travel-related services. Meanwhile, JPMorgan reported blockbuster quarterly profit growth but warned that low interest rates would threaten revenues in the short term; while Goldman Sachs' quarterly earnings exceeded forecasts. In addition, PepsiCo raised its full-year earnings forecast. Traders now await Fed Chair Powell's congressional testimony on Wednesday and Thursday for his comments about inflation. On Tuesday, the Dow Jones lost 0.3% to 34,889; the S&P 500 retreated 0.4% to 4,369; and the Nasdaq dropped 0.4% to 14,678.2021-07-14T00:14:00"
US Crude Stocks Fall for 8th Week,API Crude Oil Stock Change,"US Crude Stocks Fall for 8th WeekUnited States API Crude Oil Stock ChangeUS crude oil inventories dropped by 4.079 million barrels in the July 9th week, an eight consecutive period of decline and compared with market consensus of a 4.333 million fall, data from the API's Weekly Statistical Bulletin showed. Meantime, gasoline inventories were down by 1.544 million barrels, following a 2.736 million decrease the week before.2021-07-13T20:40:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 43872021-07-13T14:31:57.547
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 149002021-07-13T13:48:03.473
Dollar Back to 3-Month Highs,Currency,"Dollar Back to 3-Month Highs United States CurrencyThe dollar index surged to 92.7 on Tuesday, back to over three-month highs and tracking a rise in Treasury yields after fresh data showed US inflation rate hit a new 2008-high of 5.4% in June, well above market expectations of 4.9%. The Fed has been reiterating that a spike in CPI is likely to be temporary but investors worry the inflation may rise even further, leading the Fed to tighten policy sooner than expected.2021-07-13T12:48:00"
Goldman Sachs earnings at 15.02 USD,Earnings,"Goldman Sachs earnings at 15.02 USDUnited States EarningsGoldman Sachs (GS) released earnings per share at 15.02 USD, compared to market expectations of 9.90 USD.2021-07-13T12:09:20.973"
JPMorgan Chase earnings at 3.78 USD,Earnings,"JPMorgan Chase earnings at 3.78 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 3.78 USD, compared to market expectations of 3.16 USD.2021-07-13T11:18:39.817"
Dollar Index Steady Below 3-Month Highs,Currency,"Dollar Index Steady Below 3-Month HighsUnited States CurrencyThe US Dollar Index was little changed above 92.2 Tuesday, after gains of 0.14% in the previous session after the June Survey of Consumer Expectations showed that median inflation expectations over the next 12 months jumped to 4.8%, the highest reading in history for a series that goes back to 2013. Meantime, the Fed's meeting minutes last week showed that substantial further progress on the economic recovery was generally seen as not having yet been met, though progress was expected to continue. Recent initial claims unexpectedly increased from pandemic lows last week and the ISM Services PMI pointed to a slowdown in the services sector. Local 10-year Treasury bonds were yielding 1.368%. Meanwhile, accelerating infection rates of coronavirus variants and the impact it may have on the economies also weighed on investors' risk appetite. 2021-07-13T01:17:00"
US Futures at Record Highs,Stock Market,"US Futures at Record HighsUnited States Stock MarketUS Futures were flat in overnight trade on Monday after all 3 major benchmarks touched fresh record highs during regular trade as investor focus shifted to the second-quarter earnings season and a batch of economic data to be released later this week for clues on how long the US economic recovery may last. S&P 500 earnings are estimated to have surged 65.8% from levels depleted by the pandemic a year ago, which would mark a second-straight quarter of sharp profit increases, according to Refinitiv. JPMorgan Chase and Goldman Sachs will be among the first big companies to report their results, while key data to follow include inflation rate and retail sales. In addition, Federal Reserve Chair Jerome Powell is due to appear before Congress on Wednesday and Thursday for views on inflation. On Monday, The Dow Jones added 126 points or 0.4% to 34996; the S&P 500 gained 15 points or 0.4% to 4385; and the Nasdaq rose 31 points or 0.2% to 14733.2021-07-13T00:19:00"
US Consumer Inflation Expectations Hit New High,Inflation Expectations,"US Consumer Inflation Expectations Hit New HighUnited States Inflation ExpectationsMedian year-ahead inflation expectations in the US grew to 4.8 percent in June 2021, a new high for the series and the eighth straight month of increases, as the economy recovers from the pandemic hit. Meanwhile, expectations for inflation over the next three years remained unchanged at 3.6 percent, the second-highest level ever. The survey also showed households' labor market expectations continued to improve as the mean perceived probability of losing one's job in the next 12 months decreased to 10.9 percent, a new series' low, and the mean perceived probability of finding a job in the next three months increased to 54.2 percent, the highest reading since February 2020.2021-07-12T15:11:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 43732021-07-12T13:59:55.317
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 148912021-07-12T13:31:31.977
US 10-Year Treasury Yield Hovers at 5-Month Lows,Government Bond 10Y,"US 10-Year Treasury Yield Hovers at 5-Month LowsUnited States Government Bond 10YThe yield on the US 10-year Treasury note edged lower to 1.3% in the third week of July, close to levels not seen since February, amid concerns the peak of the economic recovery has passed and growth is slowing in both the US and abroad. Investors' attention now turns to the Q2 earnings season which will provide an update on the private sector recovery. Fresh economic data to be released during the week including consumer and producer inflation, retail sales and industrial production will also provide more clues on the economic strength. Meanwhile, the Treasury Department saw solid demand for a $58 billion sale of 3-year notes and a $38 billion sale of 10-year notes. A $24 billion auction of 30-year bonds is also scheduled for the week.2021-07-12T08:20:00"
US Dollar Off 3-Month Highs,Currency,"US Dollar Off 3-Month HighsUnited States CurrencyThe US Dollar Index was at 92.3 on Monday, remaining below 3-month highs touched in the previous week amid lower Treasury yields due to renewed concerns over a slowdown in both US and global growth. Meantime Fed's meeting minutes last week showed that substantial further progress on the economic recovery was generally seen as not having yet been met, though progress was expected to continue. Recent initial claims unexpectedly increased from pandemic lows last week and the ISM Services PMI pointed to a slowdown in the services sector. Meanwhile, accelerating infection rates of coronavirus variants and the impact it may have on the economies also weighed on investors' risk appetite. 2021-07-12T01:18:00"
US Stock Futures Trade at Record Highs,Stock Market,"US Stock Futures Trade at Record HighsUnited States Stock MarketUS stock futures held flat in overnight Sunday deals after notch record closes on Friday as attention now turns to the Q2 earnings season to kick off next week for an update on the private sector recovery. According to Refinitiv data, S&P 500 companies’ profits are expected to be up 65% from the same quarter a year ago, for what would be the strongest earnings growth since the fourth quarter of 2009, as stocks recovered from the financial crisis. Local 10-year Treasury bonds were yielding 1.354%. Investors will also be closely monitoring key readings on inflation on Tuesday and Wednesday, and June retail sales on Friday. Last week, the Dow Jones rose 0.2%; and both the S&P 500 and Nasdaq gained 0.4%.2021-07-12T00:22:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 43722021-07-11T22:00:02.543
US 10-Year Treasury Yield Bounces Back,Government Bond 10Y,"US 10-Year Treasury Yield Bounces BackUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose 7 basis points to 1.36% on Friday, after falling to February lows of 1.25% earlier in the week, easing concerns over a slowdown in global growth even though Delta Covid-19 risks remain. During the week, Fed's meeting minutes showed policymakers' standard of substantial further progress on the economic recovery was generally seen as not having yet been met, though progress was expected to continue. The services sector grew less than unexpected in June, according to ISM survey. Also, the jobs report released last week was not strong enough to raise inflation and tightening concerns as wages increased slightly less than expected while the unemployment rate surprisingly edged up.2021-07-09T20:30:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 43622021-07-09T15:28:16.277
Dollar Eases to Below $92.3,Currency,"Dollar Eases to Below $92.3United States CurrencyThe US dollar index eased to below the 92.3 region, moving further away from 13-week highs of 92.8 touched earlier in the week, as risk appetite recovered, and Treasury yields bounced back as traders refocused on the global economic recovery even though concerns about the slowing down in the face of fast-spreading Covid variants remain. Fed's meeting minutes showed that substantial further progress on the economic recovery was generally seen as not having yet been met, though progress was expected to continue. Recent initial claims unexpectedly increased from pandemic lows last week and the ISM Services PMI pointed to a slowdown in the services sector.2021-07-09T15:22:50.587"
US Wholesale Inventories Revised Higher,Wholesale Inventories,"US Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the US increased 1.3% mom in May of 2021, higher than initial estimates of a 1.1% rise and compared with an upwardly revised 1.1% gain in April. Inventories increased for durables (1.2% vs 0.7% in April), namely lumber (7.6% vs 1.5%), metals (2.4% vs 2.3%) and furniture (2.4% vs 2.5%). Inventories were also higher for nondurables (1.5% vs 1.7%), namely drugs (2.3% vs -0.2%). 2021-07-09T14:09:09.11"
US Stocks Gain to End the Week,Stock Market,"US Stocks Gain to End the WeekUnited States Stock MarketAll 3 main US stock indexes rebounded and the S&P 500 hit a new record high on Friday after a sell-off the day before prompted by fears of slowing growth and worries that new Covid-19 variants could stall the global economic recovery. Meanwhile, Pfizer and BioNTech plan to ask American and European regulators within weeks to authorize a booster dose of its COVID-19 vaccine. In the absence of further catalysts, investors await Q2 earnings season to kick off next week for an update on the private sector recovery.2021-07-09T13:34:00"
Dow and S&P Futures Trade Higher,Stock Market,"Dow and S&P Futures Trade HigherUnited States Stock MarketContracts on the Dow Jones futures bounced by 200 points and the S&P 500 was up 0.5% on Friday while the Nasdaq traded around the flatline. Futures attempt to rebound after a sell-off on Thursday prompted by fears of slowing growth and worries that new Covid-19 variants could stall the global economic recovery. Meanwhile, Pfizer and BioNTech plan to ask American and European regulators within weeks to authorize a booster dose of its COVID-19 vaccine. In the absence of further catalysts, investors await Q2 earnings season to kick off next week for an update on the private sector recovery.2021-07-09T12:08:00"
US Stock Futures Little Changed,Stock Market,"US Stock Futures Little ChangedUnited States Stock MarketUS stock futures were little changed on Friday after Wall Street closed lower Thursday, retreating further from recent records,  amid concerns about the rapid spread of the Delta variant of COVID-19 and its potential impact on the global economic recovery. Meantime, Fed's meeting minutes showed policymakers' standard of substantial further progress on the economic recovery was generally seen as not having yet been met, though progress was expected to continue. Turning to the bond market, the yield on the benchmark 10-year Treasury note briefly retreated to a new 5-month low of 1.25% on Thursday before moving back to 1.3%. In recent data, 350K people are expected to have claimed unemployment benefits in the latest week; while, the services sector grew less than unexpected in June, according to the ISM survey. On Thursday, the Dow Jones fell 0.8%, to 34,422. The S&P 500 lost 0.9% to 4,321 and the Nasdaq Composite dropped 0.7% to 14,560.2021-07-09T06:00:00"
US Dollar Index Steady Below 13-Week Highs,Currency,"US Dollar Index Steady Below 13-Week HighsUnited States CurrencyThe US dollar index traded steady below 13-week highs at 92.4 in early July amid a fall in Treasury yields due to renewed concerns over a slowdown in both US and global growth. Fed's meeting minutes showed that substantial further progress on the economic recovery was generally seen as not having yet been met, though progress was expected to continue. Recent initial claims unexpectedly increased from pandemic lows last week and the ISM Services PMI pointed to a slowdown in the services sector. Meanwhile, the spread of new coronavirus variants and the impact it may have on the economies also weighed on investors' risk appetite. 2021-07-09T01:23:11.443"
US Stock Futures Trade Flat,Stock Market,"US Stock Futures Trade FlatUnited States Stock MarketUS Futures were flat in overnight trade Thursday, after retreating further from recent records amid a global sell-off on fears that the recent growth peak in both the US and abroad has passed and that new coronavirus variants will hurt the outlook. Fed's meeting minutes showed policymakers' standard of substantial further progress on the economic recovery was generally seen as not having yet been met, though progress was expected to continue. Local 10-year bond yields were at 5-month lows of 1.294%. Among data, initial claims unexpectedly rose in the latest week, while consumer credit accelerated at a record pace. On Thursday, the Dow Jones fell 260 points, or 0.75%, to 34,422, the S&P 500 lost 37 points, or 0.86%, to 4,321 and the Nasdaq Composite dropped 105 points, or 0.7%, to 14,560.2021-07-09T00:21:16.46"
US Stocks End Lower,Stock Market,"US Stocks End LowerUnited States Stock MarketWall Street closed lower on Thursday, retreating further from recent records, amid a global sell-off. Investors worry the recent growth peak in both the US and abroad has passed and that new coronavirus variants will hurt the outlook. Fed's meeting minutes showed policymakers' standard of substantial further progress on the economic recovery was generally seen as not having yet been met. The Dow Jones fell 260 points, or 0.75%, to 34,422, the S&P 500 lost 37 points, or 0.86%, to 4,321 and the Nasdaq Composite dropped 105 points, or 0.7%, to 14,560.2021-07-08T20:04:00"
US Crude Stocks Down for 7th Week,Crude Oil Stocks Change,"US Crude Stocks Down for 7th WeekUnited States Crude Oil Stocks ChangeCrude stockpiles in the US dropped by 6.866 million barrels in the July 2nd week, to the lowest level since February of 2020, data from the EIA Petroleum Status Report showed. It is the 7th consecutive weekly decline, compared with market consensus of a 4.033 million fall. Meantime, gasoline inventories were down by 6.076 million barrels, much more than forecasts of a 2.176 million decrease, and the biggest decline in 4 months.2021-07-08T15:04:00"
Russell 2000 Hits 7-week Low,Stock Market,Russell 2000 Hits 7-week LowUnited States Stock MarketUS2000 decreased to a 7-week low of 21992021-07-08T13:56:28.873
Dollar Falls from 13-Week Highs,Currency,"Dollar Falls from 13-Week HighsUnited States CurrencyThe dollar index retreated from 13-week highs to settle around 92.3 in early July amid a fall in Treasury yields due to renewed concerns over a slowdown in both US and global growth. Fed's meeting minutes showed that substantial further progress on the economic recovery was generally seen as not having yet been met, though progress was expected to continue. Recent initial claims unexpectedly increased from pandemic lows last week and the ISM Services PMI pointed to a slowdown in the services sector. Meanwhile, the spread of new coronavirus variants and the impact it may have on the economies also weighed on investors' risk appetite.2021-07-08T13:42:25.517"
US Futures Sink,Stock Market,"US Futures SinkUnited States Stock MarketUS futures lost more than 1% on Thursday, retreating from recent records and tracking a worldwide sell-off, amid renewed concerns over global growth. Investors worry the recent growth peak in both the US and abroad has passed and that new coronavirus variants will hurt the outlook. Fed's meeting minutes showed policymakers' standard of substantial further progress on the economic recovery was generally seen as not having yet been met, though progress was expected to continue. Meantime, the S&P Dow Jones Indices and FTSE Russell will remove around 45 Chinese companies from their indexes following an executive order from the Biden administration barring US investment in firms with alleged ties to China's military.
2021-07-08T11:45:00"
US Stocks Set to Open in the Red,Stock Market,"US Stocks Set to Open in the RedUnited States Stock MarketUS stock futures traded markedly lower on Thursday after the Federal Reserve said the standard of ""substantial further progress"" was generally seen as not having yet been met, though policymakers expect the American economy to continue to progress, minutes from the last FOMC meeting showed. Some officials expect the conditions for beginning to reduce the pace of asset purchases to be met somewhat earlier than they had anticipated while others saw the incoming data as providing a less clear signal about the underlying economic momentum. Meantime, Fed Atlanta Raphael Bostic said that the more virulent Delta variant could cause consumers to “pull back” and slow the US recovery. Turning to the bond market, the yield on the US 10-year fell to five-month lows of 1.323% Wednesday. On Wednesday, The Dow Jones rose 0.3% 104 to close at 34,682. The S&P 500 gained 0.4% to an all-time high of 4,358. The Nasdaq Composite ended almost flat at 14,665, also at a record high. 2021-07-08T05:57:00"
Dollar Index Trades Steady at 13-Week Highs,Currency,"Dollar Index Trades Steady at 13-Week HighsUnited States CurrencyThe US Dollar Index held steady at 13-week highs of 92.7 Thursday as concerns about early tapering by the US Federal Reserve eased after the central bank's meeting minutes showed that substantial further progress on the economic recovery was generally seen as not having yet been met, though progress was expected to continue. Last week’s jobs report showed a mixed scenario as job growth surged but the unemployment rate edged up and wage inflation eased. Among data, the ISM Non-Manufacturing PMI fell to 60.1 in June from an all-time high of 64 in May and compared to market forecasts of 63.5. On the bond markets, local 10-year rates fell to 20-week lows of 1.3% as investors react to the potential of slower economic growth.2021-07-08T01:16:20.47"
US Stock Futures Steady at Fresh Record Highs,Stock Market,"US Stock Futures Steady at Fresh Record HighsUnited States Stock MarketUS futures traded steady in overnight deals on Wednesday, after gains in the previous session that saw the S&P 500 and Nasdaq closing at record highs. Risk sentiment improved as investors moved back into growth stocks after the Federal Reserve’s FOMC minutes reflected a divided Fed grappling with the onset of inflation and financial stability concerns after shifting last month to more hawkish guidance. On the bond markets, 10-year Treasury bond yields dipped to 5-month lows of 1.323%. On Wednesday, the S&P 500 advanced 0.35% to an all-time high of 4,358. The Nasdaq Composite closed virtually flat at 14,665, also at a record high. The Dow Jones rose 104 points to 34,682.2021-07-08T00:22:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 43622021-07-07T21:59:53.747
API: US Crude Stocks Fall for 7th Straight Week,API Crude Oil Stock Change,"API: US Crude Stocks Fall for 7th Straight WeekUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 7.983 million barrels in the week ended July 2nd, 2021, following an 8.153 million drop in the previous week and marking the seventh straight weekly decline, data from the American Petroleum Institute showed. It compares with market expectations of a 3.925 million fall.2021-07-07T20:58:31.25"
Dollar Remains at 13-Week Highs,Currency,"Dollar Remains at 13-Week HighsUnited States CurrencyThe US Dollar Index held steady at 13-week highs of 92.6 Wednesday, as concerns about early tapering by the US Federal Reserve eased after the central bank's meeting minutes showed that substantial further progress on the economic recovery was generally seen as not having yet been met, though progress was expected to continue. Last week’s jobs report showed a mixed scenario as job growth surged but the unemployment rate edged up and wage inflation eased. Among data, the ISM Non-Manufacturing PMI fell to 60.1 in June from an all-time high of 64 in May and compared to market forecasts of 63.5. On the bond markets, local 10-year rates fell to 20-week lows of 1.3% as investors react to the potential of slower economic growth.2021-07-07T18:16:00"
US Economic Optimism Index at 5-Month Low,Economic Optimism Index,"US Economic Optimism Index at 5-Month LowUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the US slipped by 2.1 points to 54.3 in July of 2021, the lowest since February as stimulus fades and inflation percolates. The six-month outlook for the US economy fell by 4.8 points to a five-month-low of 50.8 and the federal policies subindex, a measure of Americans' confidence in government, decreased by 4 points to 52.4. Meantime, the personal finances subindex measuring how Americans feel about their own finances in the next six months rose by 2.4 points to 59.7, the highest of the Covid era.2021-07-07T14:08:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX CFD increased to an all-time high of 148852021-07-07T13:27:55.227
"Dow and S&P Futures Little Changed, Nasdaq Hits Record",Stock Market,"Dow and S&P Futures Little Changed, Nasdaq Hits RecordUnited States Stock MarketDow Jones and S&P 500 futures were little changed while contracts on the Nasdaq futures scale a new peak on Wednesday ahead of the FOMC minutes which could underline a hawkish turn in the US monetary stance. Traders are slowly coming to the terms that the rapid economic growth from the pandemic could be coming to the end. The ISM Non-Manufacturing PMI fell to 60.1 in June from an all-time high of 64 in May and compared to market forecasts of 63.5. Meanwhile,  data released last week showed an unexpected increase in the unemployment rate despite solid job gains and a slowdown in manufacturing output growth. In the bond market, the yield on US 10-year rates fell to 20-week lows of 1.353% on Tuesday. During the regular session, the Dow fell 0.6% to close at 34,577. The S&P 500 ended the day down by 0.2% to 4,343. The Nasdaq Composite rose nearly 0.2% to a fresh high of 14,664.2021-07-07T06:27:00"
Dollar Index Trades Near 13-Week Highs,Currency,"Dollar Index Trades Near 13-Week HighsUnited States CurrencyThe US Dollar Index was little changed near 13-week highs of 92.5 Wednesday, as investors await FOMC minutes release for an update on the Fed's next policy steps. A more hawkish tone could send the dollar up although last week’s jobs report showed a mixed scenario as job growth surged but the unemployment rate edged up and wage inflation eased. Among data, the ISM Non-Manufacturing PMI fell to 60.1 in June from an all-time high of 64 in May and compared to market forecasts of 63.5. On the bond markets, local 10-year rates fell to 20-week lows of 1.353% as investors react to the potential of slower economic growth. 2021-07-07T01:13:00"
US 10Y Bond Yield Hits 18-week Low,Government Bond 10Y,"US 10Y Bond Yield Hits 18-week Lowunited states Government Bond 10YThe yield on the benchmark 10-year Treasury note briefly ticked below 1.3% for the first time since February 19th before setting at 1.34% in early July as signs emerged that the economic recovery is slowing down. The services sector grew less than unexpected in June, according to ISM survey. Also, the job report released last week was not strong enough to raise inflation and tightening concerns as wages increased slightly less than expected while the unemployment rate surprisingly edged up. Meanwhile, investors are waiting for the release of the Fed's latest meeting minutes for any further clues on the direction of monetary policy.2021-07-06T14:06:00"
US Private Sector Output Expands Sharply in June,Composite PMI,"US Private Sector Output Expands Sharply in JuneUnited States Composite PMIThe IHS Markit US Composite PMI was revised slightly lower to 63.7 in June 2021, from a preliminary estimate of 63.9 and compared with May's all-time high of 68.7. Still, the rate of growth in activity was substantial and the second-fastest on record as new business and export orders continued to increase at a solid pace. Meanwhile, the pace of job creation eased amid challenges to hire new employees. On the price front, the rate of cost inflation was the second quickest on record. Firms passed on greater costs to clients via the second-sharpest increase in average selling prices for goods and services since data collection began in 2009.2021-07-06T14:03:00"
US Services Sector Continues to Expand at Solid Pace,Services PMI,"US Services Sector Continues to Expand at Solid PaceUnited States Services PMIThe IHS Markit US Services PMI was revised slightly lower to 64.6 in June 2021, from a preliminary estimate of 64.8 and compared with the previous month's all-time high of 70.4. Still, the latest reading pointed to the third-fastest expansion in the service sector since data collection began in October 2009, amid rising customer demand due to the relaxation of COVID-19 restrictions. Growth rates in both new business and export remained strong, while the rate of job creation softened amid challenges finding suitable candidates. On the price front, input costs increased at the second-fastest rate on record as supplier price hikes and greater wage bills pushed up cost burdens. Nonetheless, accommodative demand conditions allowed firms to partially pass on higher costs to clients. Finally, business optimism improved to the strongest since November 2020.2021-07-06T14:00:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 147532021-07-06T13:30:04.92
Dollar Loses Momentum,Currency,"Dollar Loses Momentum United States CurrencyThe dollar was trading below 92.4 in early July, easing slightly from a 3-month high of 92.6 hit on July 1st as US rate hike pressure eased after last week’s jobs report pointed to a continued rebound in the US economy, but the gains were not strong enough to raise inflation and tightening concerns. Job growth surged but the unemployment rate edged up and wage inflation eased. Traders now await the FOMC minutes release for an update and further clues on the Fed's next policy steps. 
2021-07-06T07:27:00"
US Stock Futures Trade Mixed,Stock Market,"US Stock Futures Trade MixedUnited States Stock MarketUS stock futures were mixed on Tuesday, as market participants anticipate the release of June FOMC meeting minutes due Wednesday. Traders weighed the prospects of a solid economic recovery against the possibility of the Federal Reserve could taper bond buying earlier than expected. Turning to the bond market, the yield on the benchmark 10-year Treasury yield was around 4-month lows of 1.43% in early July after the jobs reports showed a robust job gain. The US economy added 850K jobs in June, well above forecasts of 700K; wages increased slightly less than expected while the unemployment rate surprisingly edged up to 5.9% from 5.8%. The US markets were closed on Monday due to the Independence Day holiday.  Last Friday, the S&P 500 and Nasdaq ended at a new record high and the Dow Jones added 153 points or 1%.



2021-07-06T06:26:00"
US Dollar Index Little Changed,Currency,"US Dollar Index Little ChangedUnited States CurrencyThe US Dollar Index was little changed above 92.2 on Tuesday, following thin trade in the previous session as the US markets were offline due to a public holiday. Last week’s jobs report pointed to a continued rebound in the US economy, but the gains were not strong enough to raise inflation and tightening concerns. The US economy added 850K jobs in June, well above forecasts of 700K; wages increased slightly less than expected while the unemployment rate surprisingly edged up to 5.9% from 5.8%. Still, the Greenback has remained new 3-months high as Federal Reserve officials signaled they expect two rate hikes by the end of 2023 during the last policy meeting on June 16th.2021-07-06T01:20:04.97"
US Futures Hover at Record Highs,Stock Market,"US Futures Hover at Record HighsUnited States Stock MarketUS Futures traded at fresh record highs in overnight deals Monday as exchanges remained closed for the Independence Day holiday. Last Friday, the S&P 500 and Nasdaq ended at new record high and the Dow Jones added 153 points or 1% as solid economic reports pointed to a continued rebound in the US economy, but the jobs gains were not strong enough to raise inflation and tightening concerns. The US economy added 850K jobs in June, well above forecasts of 700K; wages increased slightly less than expected while the unemployment rate surprisingly edged up to 5.9% from 5.8%. Investors are also looking ahead to the release of June Federal Open Market Committee meeting minutes due Wednesday as policymakers begin to debate the tightening of monetary policy in the post-pandemic era. 2021-07-06T00:24:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 43562021-07-05T23:54:17.813
US 10Y Bond Yield at 4-Month Lows,Government Bond 10Y,"US 10Y Bond Yield at 4-Month LowsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was around 4-month lows of 1.43% in early July after the jobs reports showed a robust job gain, but not strong enough to raise inflation and tightening concerns. With Wall Street hovering at record levels, traders continue to bet on a strong economic recovery, pushed by fiscal and monetary stimulus, and appear to acknowledge inflationary pressures are transitory, in line with Fed's stance.US bond market is closed on Monday for the July 4th Independence Day holiday.2021-07-05T06:52:00"
US Stock Futures Down Slightly,Stock Market,"US Stock Futures Down SlightlyUnited States Stock MarketUS stock futures traded near the flat line in a thin trade on Monday as the exchanges are closed for the Independence Day holiday. Last Friday S&P 500 and Nasdaq ended at new record high and the Dow Jones added 153 points or 1% as the jobs report pointed to a continued rebound in the US economy, but the jobs gains were not strong enough to raise inflation and tightening concerns. The US economy added 850K jobs in June, well above forecasts of 700K; wages increased slightly less than expected while the unemployment rate surprisingly edged up to 5.9% from 5.8%. 2021-07-05T06:05:00"
Dollar Index Trades Below 12-Week Highs,Currency,"Dollar Index Trades Below 12-Week HighsUnited States CurrencyThe US Dollar Index was little changed above 92.2 on Monday, following declines of 0.37% on Friday and trading below 12-week highs after last week’s jobs report pointed to a continued rebound in the US economy, but the gains were not strong enough to raise inflation and tightening concerns. The US economy added 850K jobs in June, well above forecasts of 700K; wages increased slightly less than expected while the unemployment rate surprisingly edged up to 5.9% from 5.8%. Still, the index remained new 3-months high as Federal Reserve officials signaled they expect two rate hikes by the end of 2023 during the last policy meeting on June 16th. Last week, US Federal Reserve Governor Christopher Waller noted that the central bank may need to start dialing down its massive asset purchase program as soon as this year to allow the option of raising interest rates by late next year. 2021-07-05T01:26:00"
US Stock Futures Trade at Fresh Records,Stock Market,"US Stock Futures Trade at Fresh RecordsUnited States Stock MarketUs futures moved higher in overnight trade Sunday, after the S&P 500 ended in the green for a 7th straight session to close at fresh another record highs on Friday. The Nasdaq also ended at an all-time high and the Dow Jones added 153 points after hitting a 4-week intraday high. Among data, the jobs report pointed to a continued rebound in the US economy, but the jobs gains were not strong enough to raise inflation and tightening concerns. The US economy added 850K jobs in June, well above forecasts of 700K; wages increased slightly less than expected while the unemployment rate surprisingly edged up to 5.9% from 5.8%. Meantime, US factory orders surged 1.7% month-over-month in May. Last week, the Dow Jones gained 1%, the S&P 500 1.7% and the Nasdaq 1.9%. Stock markets in the US will be closed on Monday for the Independence Day holiday.2021-07-04T23:53:00"
Dow Jones Hits 4-week High,Stock Market,Dow Jones Hits 4-week HighUnited States Stock MarketUS30 increased to a 4-week high of 348212021-07-02T17:03:45.45
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 43302021-07-02T13:31:09.073
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 146352021-07-02T13:31:05.61
US 10Y Bond Yield Edges Down After Payroll Data,Government Bond 10Y,"US 10Y Bond Yield Edges Down After Payroll DataUnited States Government Bond 10YThe yield on the US 10-year Treasury note edged down to 1.43% on Friday, after the jobs report pointed to a continued rebound in the US economy, but the jobs gains were not strong enough to raise inflation and tightening concerns. The non-farm payrolls increased by 850K in June, well above forecasts of 700K; wages grew slightly less than expected while the unemployment rate surprisingly edged up to 5.9% from 5.8%. 2021-07-02T12:48:00"
US Imports Rise 1.3% in May,Imports,"US Imports Rise 1.3% in MayUnited States ImportsImports to the United States increased by USD 3.5 billion to USD 277.3 billion in May 2021, partially recovering from April's sharp decline and moving towards March's record-high level. Imports were up for industrial supplies and materials, led by crude oil, fuel oil and lumber, and foods, feeds, and beverages. On the other hand, purchases of capital goods declined. Imports of services increased USD 0.7 billion, on the back of travel.2021-07-02T12:37:00"
US Exports Hit 1-1/2-Year High in May,Exports,"US Exports Hit 1-1/2-Year High in MayUnited States ExportsExports from the United States increased by USD 1.3 billion from a month earlier to USD 206.0 billion in May 2021, the highest level since December 2019, amid an ongoing global demand recovery due to the latest re-opening efforts. Exports were up for consumer goods, such as pharmaceutical preparations, and foods, feeds, and beverages. On the other hand, sales of vehicles and capital goods fell. Exports of services increased USD 0.9 billion in May, led by travel and charges for the use of intellectual property.2021-07-02T12:35:00"
US Unemployment Rate Above Expectations,Unemployment Rate,"US Unemployment Rate Above ExpectationsUnited States Unemployment RateThe US unemployment rate edged up to 5.9 percent in June 2021, little-changed from May's 14-month low but still well above pre-pandemic levels, as the number of unemployed people increased by 168 thousand to 9.48 million, while employment levels fell by 18 thousand to 151.60 million. Meanwhile, the labor force participation rate was unchanged at 61.6 percent. The labor market has continued to show signs of recovery supported by broader economic re-opening, amid the rapid pace of vaccination and the ongoing government support. However, employers across the country have been complaining about the struggle to fill open positions, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare.2021-07-02T12:32:00"
US Wages Growth Below Estimates,Average Hourly Earnings,"US Wages Growth Below EstimatesUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls rose by 10 cents, or 0.3% to $30.40 in June of 2021, following a downwardly revised 0.4% rise in May and slightly below market expectations of a 0.4% gain. Average hourly earnings of private-sector production and nonsupervisory employees rose by 10 cents to $25.68 in June. Year-on-year, average hourly earnings have increased by 3.6%, following a downwardly revised 1.9% rise in May and slightly below market consensus of a 3.7% increase. The data for recent months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages.2021-07-02T12:32:00"
US Jobless Rate Set to Fall Further in June,Unemployment Rate,"US Jobless Rate Set to Fall Further in JuneUnited States Unemployment RateThe US unemployment rate likely fell further to 5.7 percent in June 2021, the lowest level since March 2020 but still well above pre-pandemic levels. The labor market continues to consolidate its recovery supported by broader economic re-opening, helped by a steady decline in the number of daily COVID cases and the rapid pace of vaccination, coupled with ongoing government support. However, employers across the country have been complaining about the struggle to fill open positions, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare.2021-07-02T10:29:00"
US Dollar Index Extends 3-Month Highs,Currency,"US Dollar Index Extends 3-Month HighsUnited States CurrencyThe US Dollar Index crossed 92.6 on July 2nd, the strongest level since April 6th as investors' confidence grew that the Fed may raise rates sooner than expected. The DXY uptrend accelerated since Federal Reserve officials signaled they expect two rate hikes by the end of 2023 during the last policy meeting on June 16th. Also, US Federal Reserve Governor Christopher Waller noted this week that the central bank may need to start dialing down its massive asset purchase program as soon as this year to allow the option of raising interest rates by late next year. Meanwhile, data showed jobless claims fell to a new pandemic low of 364 thousand, and US factory growth remained strong. Investors' eyes now turn to Friday’s payrolls report, which is likely to show the US economy added 700K jobs in June, above 559K reported in May.2021-07-02T01:05:00"
US Stock Futures Trade at Record Highs,Stock Market,"US Stock Futures Trade at Record HighsUnited States Stock MarketUS Futures were flat in overnight trade Thursday, trading at all time high valuations after extending fresh record highs for the 6th consecutive session, as investors digest strong economic data and await the monthly payrolls report due tomorrow which will give an update on the labor market recovery and some clarity on the Fed tapering timeline. Among data, initial claims fell to a fresh 15-month low of 364K, below forecasts of 390K, job cuts were the lowest in 21 years and the ISM manufacturing PMI also pointed to robust factory growth. During Thursday’s regular session, the S&P 500 rose 0.5%, the Dow Jones Industrial Average was higher by 131 points to close at 34,633.53, while the tech-heavy Nasdaq Composite ticked up about 0.1% to 14,522.38.2021-07-02T00:22:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 43212021-07-01T19:59:54.493
Walgreens Boots Alliance earnings at 1.51 USD,Earnings,"Walgreens Boots Alliance earnings at 1.51 USDUnited States EarningsWalgreens Boots Alliance (WBA) released earnings per share at 1.51 USD, compared to market expectations of 1.16 USD.2021-07-01T14:11:57.84"
US Construction Spending Unexpectedly Falls,Construction Spending,"US Construction Spending Unexpectedly FallsUnited States Construction SpendingConstruction spending in the US declined 0.3 percent from the previous month to a seasonally adjusted annual rate of USD 1.545 trillion in May 2021, following a downwardly revised 0.1 percent growth in April and missing market expectations of a 0.4 percent advance. Spending on private construction dropped 0.3 percent (vs 0.3 percent in April), due to spending on lodging (-3.0 percent vs 0.6 percent), manufacturing (-2.7 percent vs -0.3 percent), and commercial (-0.7 percent vs 0.4 percent). Meanwhile, public construction outlays were down 0.2 percent (vs -0.6 percent in April), led by a 1.9 percent drop in educational spending.2021-07-01T14:07:00"
US Manufacturing Growth Holds at Record High Levels,Manufacturing PMI,"US Manufacturing Growth Holds at Record High LevelsUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI stood at 62.1 in June 2021, slightly down from a preliminary estimate of 62.6 and unchanged from the previous month's all-time high. The latest reading pointed to a marked improvement in operating conditions which was the joint-strongest since data collection began in May 2007, following the further relaxation of COVID-19 restrictions. New order growth was the second-fastest on record, while output expanded at a softer but solid pace due to ongoing and severe supply-chain disruptions, and reports of labor shortages. Meanwhile, manufacturing firms indicated a solid rise in employment during June, but the rate of job creation was the slowest for six months. On the price front, input costs rose at fastest rates since data collection for the series began in May 2007. Finally, goods producers registered the strongest degree of optimism regarding the outlook for output for seven months. 2021-07-01T13:54:00"
US Jobless Claims Seen Falling Below 400K,Initial Jobless Claims,"US Jobless Claims Seen Falling Below 400KUnited States Initial Jobless ClaimsInitial jobless claims likely fell back below the 400 thousand level for the first time in three weeks, moving closer to a pandemic low of 374 thousand reached at the start of June. The easing of coronavirus restrictions and the rapid pace of vaccination, coupled with ongoing government support, has been boosting economic activity and demand for labor. However, employers across the country have been complaining about the struggle to fill open positions, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare. Looking ahead, the total number of claimants should continue to decline, following the early phase-out of federal enhanced unemployment benefits across many states ahead of the official September expiration date, and as school reopen and demand over the summer picks up.2021-07-01T11:31:11.687"
Micron Technology earnings at 1.88 USD,Earnings,"Micron Technology earnings at 1.88 USDUnited States EarningsMicron Technology (MU) released earnings per share at 1.88 USD, compared to market expectations of 1.71 USD.2021-07-01T01:30:46.37"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX CFD increased to an all-time high of 145862021-07-01T01:22:39.133
Dollar Index Trades at 12-Week Highs,Currency,"Dollar Index Trades at 12-Week HighsUnited States CurrencyThe US Dollar Index was trading around 92.4 near 12-week highs at the beginning of July as investors' confidence grew that the Fed may raise rates sooner than expected. US Federal Reserve Governor Christopher Waller noted Tuesday that the central bank may need to start dialing down its massive asset purchase program as soon as this year to allow the option of raising interest rates by late next year. Meanwhile, scorching red-hot consumer confidence data and a big beat on ADP employment provided additional support with investors' eyes now turning to Friday’s US payrolls report for June.2021-07-01T01:01:00"
US Stock Futures Trade Flat at Record Highs,Stock Market,"US Stock Futures Trade Flat at Record HighsUnited States Stock MarketUS futures remained little changed in early APAC deals on Thursday, following gains to fresh record highs in the previous session, boosted by a rebounding US economy and continued fiscal and monetary support. The market notched consecutive record highs in recent weeks, but the gains have been relatively modest, with investors awaiting Friday’s jobs report for an update on the labour market recovery. On Wednesday, the Dow Jones Industrial Average rose 210 points; The S&P 500 registered a gain of 0.13% to close at a fresh record of 4,297.50, while the Nasdaq Composite was the relative underperformer, dipping 0.2%. For the quarter, the S&P 500 has rallied more than 8%, the Dow almost 5%, while the tech-heavy Nasdaq 100 outperformed its peers, surging more than 11%.
.2021-07-01T00:03:24.13"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 43042021-06-30T20:35:26.513
US Crude Stocks Fall More than Forecast,Crude Oil Stocks Change,"US Crude Stocks Fall More than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 6.718 million barrels in the June 25th week, a sixth consecutive period of decline and compared with market consensus of a 4.686 million fall, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories were up by 1.522 million barrels, defying forecasts of a 0.886 million decrease.2021-06-30T14:42:00"
US Chicago PMI Falls from 48-Year Highs,Chicago PMI,"US Chicago PMI Falls from 48-Year HighsUnited States Chicago PMIThe MNI Chicago Business Barometer in the US fell to 66.1 in June of 2021 from 75.2 in May which was the highest since November of 1973 and below market forecasts of 70. largest decline, among the main five indicators, order backlogs saw the largest decline, with supplier deliveries posting the only gain. Through Q2 2021, the index surged 7.9 points to 71.1, its highest quarterly reading since Q4 1973. 2021-06-30T14:26:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 145762021-06-30T13:46:04.737
General Mills earnings at 0.91 USD,Earnings,"General Mills earnings at 0.91 USDUnited States EarningsGeneral Mills (GIS) released earnings per share at 0.91 USD, compared to market expectations of 0.85 USD.2021-06-30T11:19:59.99"
US Dollar Index Nears 12-Week Highs,Currency,"US Dollar Index Nears 12-Week HighsUnited States CurrencyThe US Dollar Index rose above 92 on Wednesday, moving closer towards three-month highs of 92.41 hit earlier this month and is heading for a 2.5% gain on the June month, the best performance since March. Investors turned to safety amid concerns over the spread of the highly infectious Delta variant and its impact on the global economic recovery. On the policy side, US Federal Reserve Governor Christopher Waller noted Tuesday that the central bank may need to start dialing down its massive asset purchase program as soon as this year to allow the option of raising interest rates by late next year. Meanwhile, investors await Friday’s closely watched US payrolls report for June for clues as to where interest rates are headed.2021-06-30T01:13:00"
US Stock Futures Flat at Record Highs,Stock Market,"US Stock Futures Flat at Record HighsUnited States Stock MarketUS Futures were little changed in overnight trade on Tuesday following small gains in the previous session to notch fresh record highs as investors once again rotated out of economically sensitive stocks into technology names amid lingering concerns about the spread of the contagious Delta variant of the coronavirus. Aside from the pandemic, investors also refrained from taking on large positions before Friday’s jobs data, which could pave the way for the Federal Reserve's policy stance. On the policy side, US Federal Reserve Governor Christopher Waller noted Tuesday that the central bank may need to start dialing down its massive asset purchase program as soon as this year to allow the option of raising interest rates by late next year. Local 10-year bond yields were at 1.475%. On Tuesday, the Dow rose 0.03%. The S&P 500 ended the day 0.03% higher and the Nasdaq Composite added 0.2%.2021-06-30T00:24:10.823"
API: US Crude Stocks Fall More Than Expected,API Crude Oil Stock Change,"API: US Crude Stocks Fall More Than ExpectedUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 8.153 million barrels in the week ended June 25th, 2021, following 7.199 million drop in the previous week, and compared with market expectations of a 4.460 million decline, data from the American Petroleum Institute showed.2021-06-29T20:46:05.67"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX CFD increased to an all-time high of 145782021-06-29T20:00:05.813
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 42972021-06-29T13:31:03.297
US House Prices Rise at Record Pace: FHFA,FHFA House Price Index MoM,"US House Prices Rise at Record Pace: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 1.8 percent from a month earlier in April of 2021, following an upwardly revised 1.4 percent growth in March. It was the largest monthly gain since comparable records began in 1991 due to strong demand, bolstered by still-low mortgage rates, and too few homes for sale. For the nine census divisions, seasonally adjusted monthly house price changes ranged from +1.2 percent in the West North Central division to +2.6 percent in the Mountain and Middle Atlantic divisions. Year-on-year, house prices increased 15.7 percent.2021-06-29T13:06:00"
Dollar Set for Biggest Rise in a Week,Currency,"Dollar Set for Biggest Rise in a WeekUnited States CurrencyThe US dollar index rose above 92.0 against a basket of its rivals on Tuesday, moving closer towards three-month highs of 92.41 hit earlier this month and heading for its biggest single-day gain since June 18th. Investors turned to safety amid concerns over the spread of the highly infectious Delta variant and its impact on the global economic recovery. Australia, Malaysia and Thailand announced new lockdown measures or an extension to the current restrictions, Indonesia is grappling with record-high cases, while Spain and Portugal announced travel restrictions on unvaccinated British travelers. Meanwhile, investors await Friday’s closely watched US payrolls report for June for clues as to where interest rates are headed.2021-06-29T11:50:00"
US Dollar Index Trades Below 10-Week Highs,Currency,"US Dollar Index Trades Below 10-Week HighsUnited States CurrencyThe US Dollar Index was little changed around 91.9 Tuesday, holding below 10-week highs following its first weekly loss in five as signs of diminished enthusiasm on the US reflation trade along with a dovish stance from the Federal Reserve capped upside momentum for the Greenback. US 10-year bond yields were at 1.483%. Among data, the Commerce Department reported that its PCE inflation rate rose 3.4% year-on-year in May, the fastest increase since the early 1990, while a separate report showed that personal spending stagnated. Later in the week, market participants will be closely monitoring the US payrolls report for June.2021-06-29T01:18:00"
US Stock Futures Ease From Fresh Record Highs,Stock Market,"US Stock Futures Ease From Fresh Record HighsUnited States Stock MarketUS Futures moved lower in overnight trade Monday, easing from fresh record highs set in the previous session as investors moved to the safety trade of big tech amid concerns over the latest increase in coronavirus infections. On top of that, investors appeared quite reluctant to open new positions ahead of Friday’s closely watched US payrolls report for June after Fed policymakers at their last meeting stressed a commitment to pursuing full employment. Among stocks, Boeing Co tumbled 4.2% amid fears that the spread of the delta variant could prompt renewed travel restrictions, while shares of Morgan Stanley advanced 3% during extended trading after the company said it will double its quarterly dividend. The S&P 500 advanced 0.23%, registering its third straight record close. On Monday, the Nasdaq gained nearly 1%, also closing at a new high. The Dow fell 150.57 points or 0.44% to 34283.28.
.2021-06-29T00:17:04.32"
"Nasdaq, S&P 500 Notch Records",Stock Market,"Nasdaq, S&P 500 Notch RecordsUnited States Stock MarketThe tech-heavy Nasdaq and the S&P 500 finished in record territory on Monday as investors moved to the safety trade of big tech amid concerns over the latest increase in coronavirus infections. On top of that, investors appeared quite reluctant to open new positions ahead of Friday’s closely watched US payrolls report for June after Fed policymakers at their last meeting stressed a commitment to pursuing full employment. Meanwhile, the blue-chip Dow lost more than 150 points, with Boeing Co tumbling nearly 4% amid fears that the spread of the delta variant could prompt renewed travel restrictions.
2021-06-28T20:05:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 42892021-06-28T19:34:06.167
Nasdaq Outperforms Markets,Stock Market,"Nasdaq Outperforms Markets United States Stock MarketThe tech-heavy Nasdaq 100 climbed more than 1% to reach a fresh intraday record high on Monday, outperforming its peers, as investors moved to the safety trade of big tech amid concerns over the latest increase in coronavirus infections. Meanwhile, The blue-chip Dow lost significant ground on Monday, with Boeing Co tumbling 4%. The S&P 500 was virtually flat as gains in the utilities and technology were not enough to offset weakness in energy and travel shares amid concerns that the spread of the delta variant could prompt renewed travel restrictions. 2021-06-28T16:44:00"
"S&P 500, Nasdaq Hit New Highs",Stock Market,"S&P 500, Nasdaq Hit New HighsUnited States Stock MarketBoth the S&P 500 and Nasdaq hit new record highs on Monday, as investors focused on prospects of a strong economic recovery on the back of fiscal and monetary support. Last week, President Biden and a bipartisan group of US Senators closed a deal on an infrastructure initiative worth $1.2 trillion, while concerns about a sooner-than-expected policy tightening eased after several US Fed officials reassured financial markets the recent spike in prices is temporary. Elsewhere, traders look forward to quarterly results from Micron Technology, ConocoPhillips and Walgreens; while key economic data to watch for include June's monthly nonfarm payrolls report and the ISM Manufacturing PMI survey. The S&P 500 was slightly up at 4,280, after enjoying last week its best performance since February; the Nasdaq climbed 0.7% to 14,460, with Microsoft hitting an all-time high; while the Dow Jones was slightly down at 34,320, after posting its largest weekly gain since March.2021-06-28T13:32:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 144302021-06-28T13:31:09.943
US 10Y Bond Yield Trades Around 1.5%,Government Bond 10Y,"US 10Y Bond Yield Trades Around 1.5%United States Government Bond 10YThe yield on the US 10-year Treasury note held at 1.5% in early July, remaining well above the four-month low of 1.36% touched last week as investors await the release of June employment data later in the week to gauge the strength of the labor market recovery. US Fed officials have been trying to reassure financial markets the recent spike in prices is temporary and there will be no immediate tightening of monetary policy, but a strong payroll number coupled with rising inflationary pressure could prompt the central bank to hike rates sooner-than-expected. Last week, economic data showed an unexpected stagnation in personal spending and a jump in PCE prices. The annual core PCE price inflation, the Federal Reserve's preferred gauge of inflation, rose to 3.4% in May, the highest level since the 1990s.2021-06-28T07:29:00"
US Stock Futures Little Changed to Start the Week,Stock Market,"US Stock Futures Little Changed to Start the WeekUnited States Stock MarketUS stock futures were little changed on Monday, as traders weighed the prospects of solid economic recovery on the back of continued fiscal and monetary support against a batch of mixed economic data released last week. Personal spending in the US stagnated in May, while a closely watched inflation measure continued to soar and consumer sentiment in the country improved less than expected in June. On the bond market, yields for benchmark 10-year US Treasuries jumped back above 1.50% to close out a week in which rates notched their largest gains since March. Last week, the S&P 500 surged 2.7% and the Dow jumped 3.4%, with both indexes posting their biggest weekly gains since February and March, respectively. Meanwhile, the Nasdaq gained 2.4%.2021-06-28T05:51:00"
Dollar Index Trades Below 10-Week Highs,Currency,"Dollar Index Trades Below 10-Week HighsUnited States CurrencyThe US Dollar Index was little changed at 91.9 Monday, following its first weekly loss in five and holding below 10-week highs as signs of diminished enthusiasm on the US reflation trade along with a dovish stance from the Federal Reserve capped upside momentum for the Greenback. US 10-year bond yields were at 1.53%. Among data, the Commerce Department reported that its PCE inflation rate rose 3.4% year-on-year in May, the fastest increase since the early 1990, while a separate report showed that personal spending stagnated. Investors seem to have acknowledged that the Fed just wanted to signal it was ready to deal with higher inflation without taking any steps to pull back its crisis-era stimulus. Last week also saw a breakthrough in infrastructure spending talks in Washington, which, in turn, boosted risk appetite and consequently weighed on the safe-haven dollar.2021-06-28T01:14:00"
S&P 500 Hits All-time High,Stock Market,"S&P 500 Hits All-time HighUnited States Stock Market US futures moved higher in Sunday’s overnight trade, extending record high valuations following the S&P 500’s best week since February. Sentiment for risk assets remained robust even after the Commerce Department reported that its inflation indicator rose 3.4% in May, the fastest increase since the early 1990, while a separate report showed that personal spending stagnated. Meantime, local 10-year bonds were at 1.528% as investors acknowledged that the Fed will not rush to hike interest rates despite mounting inflation. In addition, a breakthrough in infrastructure spending talks in Washington further boosted sentiment. Last week, The S&P 500 surged 2.7%, the Dow gained 3.4%, while the Nasdaq advanced 2.4%. 2021-06-27T21:57:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 42762021-06-25T13:30:06.447
US 10Y Bond Yield Unchanged After PCE Data,Government Bond 10Y,"US 10Y Bond Yield Unchanged After PCE DataUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose to 1.53% on Friday, after economic data showed an unexpected stagnation in personal spending and a jump in PCE prices. The annual core PCE price inflation, the Federal Reserve's preferred gauge of inflation, rose to 3.4% in May, the highest level since the 1990s and in line with market expectations. The yield remained well above the four-month low of 1.36% touched early in the week as US Fed officials tried to reassure financial markets the recent spike in prices is temporary and there will be no immediate tightening of monetary policy.2021-06-25T13:02:00"
Dollar Falls Below 91.7,Currency,"Dollar Falls Below 91.7United States CurrencyThe US Dollar Index fell below 91.7 on Friday, the lowest on a closing basis since June 17th, as an agreement on US infrastructure spending underpinned appetite for riskier currencies while the latest PCE price data did not surprise markets. The annual Core PCE Price Index, the Federal Reserve's preferred gauge of inflation, rose 3.4% in May, the most since 1992 but matched market consensus. On a monthly basis, core PCE prices increased 0.5 percent, below forecasts of 0.6 percent. A slew of economic data, including somewhat worse-than-expected weekly jobless claims numbers and disappointing durable goods orders, also kept sentiment in check. For the week, the currency is heading for an over 0.5% drop.2021-06-25T12:58:00"
US PCE Price Index Eases in May,PCE Price Index Monthly Change,"US PCE Price Index Eases in MayUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States went up 0.4 percent month-over-month in May of 2021, easing from a 0.6 percent rise in the previous month. Cost of services went up 0.3 percent, easing from a 0.5 percent advance in the previous month, and goods price inflation slowed to 0.7 percent from 0.9 percent. Excluding food and energy, PCE prices climbed 0.5 percent, easing from a 0.7 percent rise and below market expectations of 0.6 percent. Year-on-year, the PCE price index advanced 3.9 percent, and the core index jumped 3.4 percent, the fastest increase since the early 1990s and in line with market forecasts.2021-06-25T12:36:00"
US Personal Income Falls for 2nd Month,Personal Income,"US Personal Income Falls for 2nd MonthUnited States Personal IncomePersonal income in the US decreased 2 percent month-over-month in May of 2021, following a 13.1 percent drop in April and compared with market expectations of a 2.5 percent fall as stimulus payments received earlier in the year began to fade. Within government social benefits, ""other"" social benefits decreased as economic impact payments made to individuals from the American Rescue Plan Act of 2021 continued, but at a lower level than in April. Unemployment insurance also was down led by decreases in payments from the Pandemic Unemployment Compensation program.
2021-06-25T12:32:00"
US 10Y Bond Yield Little-Changed Ahead of PCE Inflation,Government Bond 10Y,"US 10Y Bond Yield Little-Changed Ahead of PCE InflationUnited States Government Bond 10YThe yield on the US 10-year Treasury note was little-changed at 1.49% on Friday, as investors look to the PCE price release later in the day to see how credible the Fed's narrative about a temporary spike really is. The yield remained well above four-month lows of 1.36% touched early in the week as the Federal Reserve continues to send mixed signals on inflation. Atlanta Fed President Bostic and Fed Governor Bowman both said Wednesday that while they believed inflationary pressures would be temporary, they also fear that prices are likely to remain higher for longer than expected. Meanwhile, Fed Chairman Powell played down inflation fears in testimony to Congress on Tuesday, saying that it was “very, very unlikely” the US would see 1970s-style price pressures and that the central bank will not raise borrowing costs too quickly.2021-06-25T07:42:00"
US Dollar Index Little Changed,Currency,"US Dollar Index Little ChangedUnited States CurrencyThe US Dollar Index held flat around 91.7 Friday as signs of diminished enthusiasm on the US reflation trade along with a dovish stance from the Federal Reserve capped any upside momentum for the greenback. Investors seem to have acknowledged that the Fed just wanted to signal it was ready to deal with higher inflation without taking any steps to pull back its crisis-era stimulus. Local 10-year Treasury bond yields were at 1.49%. A slew of economic data, including somewhat worse-than-expected weekly jobless claims numbers and disappointing durable goods orders, also kept sentiment in check. 2021-06-25T01:08:00"
US Stock Futures Flat at Record Highs,Stock Market,"US Stock Futures Flat at Record HighsUnited States Stock MarketUS Futures were flat in overnight trade Thursday after notching fresh record highs in the previous session as sentiment was boosted after President Joe Biden said he reached an infrastructure deal with a bipartisan group of senators. Gains were most pronounced among value and cyclical shares that benefit from an economic recovery. Regarding the policy side, investors seem to have acknowledged that the Fed just wanted to signal it was ready to deal with higher inflation without taking any steps to pull back its crisis-era stimulus. Still, the shift in the Fed’s approach to managing the US economic recovery has recently boosted high-flying technology stocks. The Dow Jones Industrial Average added 322.58 points, or about 1%, to 34,196.82, sitting about 2.6% from its all-time high. The S&P 500 rose 0.6% to hit a record closing high of 4,266.49. The Nasdaq Composite jumped 0.7% to reach another record at 14,369.71.2021-06-25T00:20:00"
The Dow Jones Index rose 0.97%,Stock Market,"The Dow Jones Index rose 0.97%United States Stock MarketUnited States Stock Market rose 330 points. Leading the gains are Boeing (2.84%), Caterpillar (2.69%) and Goldman Sachs (2.04%). Top losers were Apple (-0.19%) and Cisco Systems (-0.01%).2021-06-24T20:30:08.11"
Nike earnings at 0.93 USD,Earnings,"Nike earnings at 0.93 USDUnited States EarningsNike (NKE) released earnings per share at 0.93 USD, compared to market expectations of 0.51 USD.2021-06-24T20:27:09.993"
Tenth District Manufacturing Activity Remains Strong,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Remains StrongUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index decreased to 30 in June of 2021 from 32 in the previous month. The growth in district manufacturing activity continued to be driven by durable goods plants, in particular primary and fabricated metals, machinery, computer and electronic products, furniture, and transportation equipment manufacturing. 2021-06-24T15:11:02.983"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 42702021-06-24T13:30:06.29
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 144032021-06-24T13:30:03.123
Dollar Struggles on Dovish Fed,Currency,"Dollar Struggles on Dovish FedUnited States CurrencyThe dollar index lost further ground on Thursday, bottomed around the 91.70 level as signs of diminished enthusiasm on the US reflation trade along with a dovish stance from the Federal Reserve capped any upside momentum for the greenback. Investors seem to have acknowledged that the Fed just wanted to signal it was ready to deal with higher inflation without taking any steps to pull back its crisis-era stimulus. A slew of economic data, including somewhat worse-than-expected weekly jobless claims numbers and disappointing durable goods orders, also kept sentiment in check. 2021-06-24T12:59:00"
US 10-Year Treasury Note Yield Back Below 1.5%,Government Bond 10Y,"US 10-Year Treasury Note Yield Back Below 1.5%United States Government Bond 10YThe yield on the US 10-year Treasury note erased early gains to fall slightly below 1.5% on Thursday, after economic data showed durable goods orders rose 2.3% in May, missing market expectations of a 2.8% surge; while weekly jobless claims fell less than expected last week. Still, the yield remained well above four-month lows of 1.36% touched early in the week as the Federal Reserve continues to send mixed signals on inflation. Yesterday, Atlanta Fed President Bostic and Fed Governor Bowman both said that while they believed inflationary pressures would be temporary, they also fear that prices are likely to remain higher for longer than expected. Meanwhile, Fed Chairman Powell played down inflation fears in testimony to Congress on Tuesday, saying that it was “very, very unlikely” the US would see 1970s-style price pressures and that the central bank will not raise borrowing costs too quickly.2021-06-24T12:50:00"
US Corporate Profits Unexpectedly Rise in Q1,Corporate Profits,"US Corporate Profits Unexpectedly Rise in Q1United States Corporate ProfitsCorporate profits in the United States jumped 1.7 percent to USD 1,983.8 billion in the first quarter of 2021, after falling 3.3 percent in the previous period and compared with a preliminary estimate of a 0.8 percent drop.2021-06-24T12:41:00"
US Wholesale Inventories Rise for 10th Month,Wholesale Inventories,"US Wholesale Inventories Rise for 10th MonthUnited States Wholesale InventoriesWholesale inventories in the US increased 1.1 percent month-over-month to $707.5 billion in May of 2021, following a 1 percent growth in April, a preliminary estimate showed.  It was the tenth consecutive month of gains in wholesale inventories. Durable goods stocks advanced faster (1.1 percent vs 0.7 percent in April) while nondurable ones rose less (1.1 percent vs 1.5 percent).  On a yearly basis, wholesale inventories advanced 7.8 percent.2021-06-24T12:35:00"
US Goods Trade Deficit Widens in May,Goods Trade Balance,"US Goods Trade Deficit Widens in MayUnited States Goods Trade BalanceThe US goods trade deficit widened to USD 88.1 billion in May of 2021, from a revised USD 85.7 billion in the previous month, the advance estimate showed. Exports rose 1.1 percent to $144.3 billion, as strong sales of capital goods (4.9 percent) and industrial supplies (1.6 percent) partly offset a 4.7 percent plunge in those of autos. Meanwhile, imports fell 1.9 percent to $232.4 billion, amid lower purchases of consumer goods (-3.9 percent) and autos (-3.5 percent).2021-06-24T12:34:00"
US Jobless Claims Seen Falling to 380K,Initial Jobless Claims,"US Jobless Claims Seen Falling to 380KUnited States Initial Jobless ClaimsInitial jobless claims likely dropped last week to a new pandemic low of 380 thousand, after an unexpected rise in the previous period as broader business reopenings boost economic activity and demand for labor. Employers across the country have been complaining about the difficulty to hire, citing ongoing labor shortages due to enhanced benefits, concerns about contracting COVID-19 and finding childcare. Meanwhile, this week's report will reflect the first survey period following the early phase-out of federal enhanced unemployment benefits across many states. On June 12th, Alaska, Iowa, Missouri and Mississippi became the first states to reduce federal support ahead of the official September expiration date. Continuing claims likely dropped to 3.47 million in the June 12th week from 3.52 million the week before.2021-06-24T10:08:25.993"
US Stock Futures Trade Higher,Stock Market,"US Stock Futures Trade HigherUnited States Stock MarketUS futures rose on Thursday with contracts on the S&P 500 and the Nasdaq hitting fresh records as investors await updates on US GDP growth rate and initial jobless claims to be released later in the day. Despite yesterday's meagre performance, all three indexes are up more than 1% this week as US officials continue to downplay the risk of rising inflation and the need for monetary policy tightening. Treasury Secretary Yellen remarked that inflation in the US should retreat by year-end from its current elevated level as supply bottlenecks get worked out while Fed Chair Powell pledged not to raise interest rates too quickly to support the economy. On Wednesday, the Dow shed 0.2% to 33,874, the S&P 500 fell 0.1% to 4,242 while the Nasdaq Composite gained 0.1% to end a fresh high of 14,272.
2021-06-24T05:41:00"
Dollar Index Trades Flat Below 10-Week Highs,Currency,"Dollar Index Trades Flat Below 10-Week HighsUnited States CurrencyThe US Dollar Index was little changed at 91.7 in early trade Thursday, easing further from 10-week highs touched earlier in the week as investors weighed a more dovish stance from US Federal Reserve chair Jerome Powell with industry surveys showing businesses were struggling with growing inflationary pressures. In congressional testimony, Powell vowed not to raise rates too quickly by stating that the central bank will continue its supportive stance on the economy. Still, fears that surging input costs could dent demand and affect earnings growth kept sentiment gloomy. Local 10-year Treasury bond yields were at 1.48%. Among data, the IHS Markit US Manufacturing PMI jumped to 62.6 in June of 2021 from 62.1 in May, well above market forecasts of 61.5, preliminary estimates showed. Investors now await new jobless claims data set to be released Thursday for the latest outlook on unemployment.2021-06-24T01:09:00"
US Stock Futures Lift in Early Deals,Stock Market,"US Stock Futures Lift in Early DealsUnited States Stock MarketUS futures traded higher in early APAC deals on Thursday following a choppy session yesterday that saw the Nasdaq notching fresh records, as investors weighed a more dovish stance from US Federal Reserve chair Jerome Powell with industry surveys showing businesses were struggling with growing inflationary pressures. In congressional testimony, Powell vowed not to raise rates too quickly by stating that the central bank will continue its supportive stance on the economy. Still, fears that surging input costs could dent demand and affect earnings growth kept sentiment gloomy. The IHS Markit US Manufacturing PMI jumped to 62.6 in June of 2021 from 62.1 in May, well above market forecasts and breaking record highs, preliminary estimates showed. On Wednesday, The S&P 500 closed the regular session 0.1% lower. The Dow shed 71.34 points, or 0.2, while, the Nasdaq Composite gained 0.1% to squeeze out another record closing high.2021-06-24T00:23:00"
US Crude Inventories Fall for 5th Straight Week,Crude Oil Stocks Change,"US Crude Inventories Fall for 5th Straight WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 7.614 million barrels in the June 18th week, a fifth consecutive period of decline and the largest since the last week of April, data from the EIA Petroleum Status Report showed. The number also compared with market consensus of a 3.942 million fall. Meantime, gasoline inventories were down by 2.93 million barrels, surprising forecasts of a 0.833 million rise. 2021-06-23T14:34:00"
US Private Sector Activity Growth Remains Strong in June,Composite PMI,"US Private Sector Activity Growth Remains Strong in JuneUnited States Composite PMIThe IHS Markit US Composite PMI fell to 63.9 in June 2021, from a record high of 68.7 hit in May, but nonetheless signaling a historically elevated rate of expansion in output across the private sector, a preliminary estimate showed. Both services activity and manufacturing output grew at softer rates, with goods producers hampered in particular by significant supplier delays. New business growth eased to a three-month low, but remained solid overall as COVID-19 restrictions were relaxed further and client demand remained buoyant. Also, firms reported difficulties in finding staff, while backlogs of work continued to increase at a record pace. On the price front, input cost inflation and output charge inflation were the second-highest on record.2021-06-23T14:01:42.08"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 142892021-06-23T13:31:27
US Current Account Gap Highest since 2007,Current Account,"US Current Account Gap Highest since 2007United States Current AccountThe current account deficit in the US widened to $195.7 billion or 3.6% of the GDP in the first quarter of 2021 from a downwardly revised $175.1 billion in the previous period and compared to forecasts of a $206.8 billion. It is the highest current account deficit since the first quarter of 2007, due to an increased deficit on goods and a reduced surplus on primary income. Both exports and imports were up led by industrial supplies and materials, primarily petroleum and products, that were partly offset by a decrease in automotive vehicles, parts, and engines. Receipts of primary income increased, mostly due to direct investment income, primarily earnings. Payments also went up, mainly earnings and interest on long-term debt securities. Receipts of secondary income rose, mostly reflecting primarily public sector fines and penalties. Payments of secondary income increased, namely general government transfers, primarily international cooperation.2021-06-23T12:37:00"
Mortgage Applications Rise for 2nd Week: MBA,Mortgage Applications,"Mortgage Applications Rise for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the US were up 2.1% in the week ending June 18th, following a 4.2% rise in the previous week, data from the Mortgage Bankers Association showed. Applications to refinance a home loan were up 2.8% and purchases increased 0.6%. The average fixed 30-year mortgage rate jumped by 7 bps to 3.18 percent, rising from a 5-week low of 3.11%.2021-06-23T11:07:00"
US 10-Year Treasury Yield Falls Slightly to 1.48%,Government Bond 10Y,"US 10-Year Treasury Yield Falls Slightly to 1.48%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.48% on Wednesday, slightly below weekly highs of 1.51%, as comments from Fed Chair Powell during his House testimony on pandemic relief calmed investors nerves about an early Fed tightening. Jerome Powell reiterated that price pressures will be transitory and added the Fed will not raise borrowing costs too quickly. Meanwhile, the Treasury sold $60 billion in 2-year notes at an auction-high yield of 0.249%, more than 10 basis point north of the previous auction in late May. Other auctions this week include $61 billion in 5-year notes and $62 billion in 7-year ones.2021-06-23T07:09:00"
NASDAQ 100 Hits All-time High,Stock Market,"NASDAQ 100 Hits All-time HighUnited States Stock MarketThe tech-heavy Nasdaq 100 hit a fresh intraday record high above the 14,200 level on Tuesday, boosted by gains in consumer discretionary and technology sectors. Splunk Inc jumped more than 12%, the most on the index. 2021-06-22T15:20:00"
US Economy Improved but Inflation is Rising: Fed Chair,Interest Rate,"US Economy Improved but Inflation is Rising: Fed ChairUnited States Interest RateThe economy has shown sustained improvement due to widespread vaccination and unprecedented monetary and fiscal policy actions, Fed Chair Powell said in a testimony before the House regarding the Fed's response to the coronavirus pandemic. However, inflation has increased notably in recent months reflecting low base effects, the pass-through of past increases in oil prices to consumer energy prices; the rebound in spending as the economy continues to reopen; and the exacerbating factor of supply bottlenecks, which have limited how quickly production in some sectors can respond in the near term. As these transitory supply effects abate, inflation is expected to drop back toward our longer-run goal. Investors will not turn their attention to the hearing for further clues on the tapering timeline. The Fed left the target range for its federal funds rate unchanged at 0-0.25% in June 2021 but policymakers signalled they expect two increases by the end of 2023. 2021-06-22T07:58:00"
US Stocks Set to Open in the Green,Stock Market,"US Stocks Set to Open in the GreenUnited States Stock MarketUS stock futures traded slightly higher on Tuesday, ahead of US Federal Reserve chair Jerome Powell’s testimony to Congress later in the day. Meantime, Fed Chair Jerome Powell in prepared remarks reiterated that the central bank will continue its supportive stance to the economy, and reiterated his view that inflation’s recent jump to a 13-year high would prove temporary. On Monday, Wall Street rebounded as investors continued to digest a sharp shift in the Fed’s approach to managing the US economic recovery after the central bank last week signaled that it may raise interest rates twice by late 2023. 2021-06-22T06:11:00"
The Dow Jones Index rose 1.91%,Stock Market,"The Dow Jones Index rose 1.91%United States Stock MarketUnited States Stock Market rose 634 points. Leading the gains are American Express (4.33%), Boeing (3.32%) and General Electric (3.21%).2021-06-21T20:30:09.59"
Wall Street Gains Traction,Stock Market,"Wall Street Gains TractionUnited States Stock MarketAll three main stock indexes ended deep in the green on Monday, with the blue-chip Dow climbing almost 600 points as recently beaten-down economically sensitive stocks rebounded from a Fed-induced rout last week. Investors have been digesting a sharp shift in the Fed’s approach to managing the US economic recovery. The central bank signalled last week that it may raise interest rates twice by late 2023, while chair Jerome Powell said there had also been initial discussions about a bond-buying tapering. Also, St. Louis Fed President James Bullard mentioned that the first-rate increase could come as soon as next year. Focus now turns to Powell's testimony before the House on Tuesday, with markets looking for any clues on a possible timeline for tapering. The Dow Jones added 587 points or 1.8% to 33,877, led by a rally in American Express Co. The S&P 500 rose 58 points or 0.1.4% to 4,225. The tech-heavy Nasdaq Composite went up 111 points or 0.8% to 14,142. 2021-06-21T16:36:00"
US 10-Year Treasury Yield Rebounds from 4-Month Lows,Government Bond 10Y,"US 10-Year Treasury Yield Rebounds from 4-Month LowsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was at 1.48% on Monday, after falling to a 4-month low of 1.36% early in the session, as traders continue to digest the impact of Fed's policy shift last week and as pressure mounted on reflation trades. The 30-year bond yield retreated below 2% for the first time in 4 months, before gaining some ground to 2.066%. Still, the yield curve continued to flatten. The retreat in long-dated bonds shows that investors are less optimistic about the economic growth, while the surge in short-dated yields, which are the most sensitive to interest changes, reflects that an interest rate hike is widely expected. Meanwhile, this week the Treasury will offer $60 billion in 2-year notes, $61 billion in 5-year and $62 billion in 7-year ones.
2021-06-21T13:45:00"
US Stocks Recover some Ground after Big Losses Last Week,Stock Market,"US Stocks Recover some Ground after Big Losses Last WeekUnited States Stock MarketUS stocks started the week on a strong note, after the Dow Jones posted its worst week since October and the S&P 500 had its worst performance in almost four months last week. Investors try to shrug off a hawkish Fed meeting and policy shift and refocus on growth prospects and reflation trade. The central bank signalled last week it may raise interest rates twice by late 2023, while chair Jerome Powell said there had also been initial discussions about a bond-buying tapering. Also, St. Louis Fed President James Bullard mentioned that the first-rate increase may come as soon as next year. Attention now turns to Fed Chair Powell testimony before the House regarding the Federal Reserve's Response to the Coronavirus Pandemic on Tuesday. Investors will be looking for any clues on a possible timeline for tapering. Speeches from other Fed officials including Robert Kaplan and John Williams will also be in the spotlight.2021-06-21T13:32:00"
US Futures Recover,Stock Market,"US Futures Recover United States Stock MarketUS futures erased early losses to trade higher on Monday, after the Dow Jones posted its worst week since October and the S&P 500 had its worst performance in almost four months last week. Investors try to shrug off a hawkish Fed meeting and policy shift and refocus on growth prospects and reflation trade. The central bank signalled last week it may raise interest rates twice by late 2023, while chair Jerome Powell said there had also been initial discussions about a bond-buying tapering. Also, St. Louis Fed President James Bullard mentioned that the first-rate increase may come as soon as next year. Attention now turns to Fed Chair Powell testimony before the House regarding the Federal Reserve's Response to the Coronavirus Pandemic on Tuesday. Investors will be looking for any clues on a possible timeline for tapering. Speeches from other Fed officials including Robert Kaplan and John Williams will also be in the spotlight. 2021-06-21T08:52:00"
US Treasury Yields Down to Lowest since February,Government Bond 10Y,"US Treasury Yields Down to Lowest since FebruaryUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note dropped to 1.4% on Monday, the lowest since February and the 30-year bond yield retreated below 2% for the first time in 4 months, as traders continue to digest the impact of Fed's policy shift last week and as pressure mounted on reflation trades. Also, the yield curve continued to flatten. The retreat in long-dated bonds shows that investors are less optimistic about the economic growth, while the surge in short-dated yields, which are the most sensitive to interest changes, reflects that an interest rate hike is widely expected. Meanwhile, this week the Treasury will offer $60 billion in 2-year notes, $61 billion in 5-year and $62 billion in 7-year ones.2021-06-21T06:48:00"
US Stocks Set to Open Lower to Start the Week,Stock Market,"US Stocks Set to Open Lower to Start the WeekUnited States Stock MarketUS stock futures dropped markedly on Monday as traders remained cautious after the Fed indicated last week that it may raise interest rates twice by late 2023, while chair Jerome Powell said there had also been initial discussions about a bond-buying tapering. Meantime, St. Louis Fed President James Bullard mentioned that the first-rate increase may come as soon as next year. On Friday, all three main US stock indexes lost ground, with the blue-chip Dow tumbling more than 500 points to post their worst week since October. The S&P 500 lost nearly 2% to snap a four-week winning streak, while the tech-heavy Nasdaq 100 outperformed its peers by finishing the week on a high note.2021-06-21T06:18:00"
US Dollar Index Hovers at 10-Week Highs,Currency,"US Dollar Index Hovers at 10-Week HighsUnited States CurrencyThe US Dollar Index edged down to below 92 on Monday but remained close to 10-week highs after notching its best week since March 2020 following a surprisingly hawkish tone from the Fed last week. Such a move marks a dramatic reversal from an over four-month low of 89.30 touched in late May. The US central bank has sharply raised its forecasts for inflation this year and flagged two rate increases by the end of 2023. The scale of the change in outlook came to benefit bullish investors who expect that Jay Powell and his rate-setting colleagues will need to think about scaling back quantitative easing to prevent the US economy from overheating. On top of that, comments from James Bullard, president of the St Louis Fed, about the prospects of an even earlier interest rate increase have supercharged existing upward momentum for the greenback.2021-06-21T01:09:00"
US Stock Futures Trade Flat at Multi-Week Lows,Stock Market,"US Stock Futures Trade Flat at Multi-Week LowsUnited States Stock MarketUS Futures were mostly flat in overnight trade on Sunday following declines last week that saw the Dow tumbling more than 500 points to post their worst week since October. Investors liquidated reflation trades in the wake of a hawkish Fed after central bank signaled it might raise interest rates as early as 2023, a faster pace than initially thought; while Chair Jerome Powell said there had also been initial discussions about a bond-buying tapering. On top of that, comments from James Bullard, president of the St Louis Fed, about the prospects of an even earlier interest rate increase have put equities under increasing pressure. Last week, the Dow dropped 3.5% to 10-week lows, while the S&P 500 dipped 1.9% to 4-week lows and the Nasdaq lost 0.2%.2021-06-21T00:25:00"
S&P 500 Hits 4-week Low,Stock Market,S&P 500 Hits 4-week LowUnited States Stock MarketUS500 decreased to a 4-week low of 41532021-06-20T21:15:01.327
"US Stocks Fall, Dow on Track for Worst Week since January",Stock Market,"US Stocks Fall, Dow on Track for Worst Week since JanuaryUnited States Stock MarketUS stocks were lower on Friday, with the Dow Jones falling more than 400 points and on track to book a 3% loss on the week after Fed James Bullard said he sees an initial interest rate increase happening in late-2022. Early in the session, stocks were already falling as traders continue to digest Fed's policy stance and fresh economic data, while Treasury yields fell from recent weekly highs, partially reflecting a slightly less optimism toward the economic growth. The Fed said Wednesday it now expects two rate hikes by the end of 2023, with Powell mentioning that the discussion about scaling back bond purchases will likely start soon although investors got a bit confused about exactly when that would happen. At the same time, policymakers forecast higher inflation and GDP growth this year but recent data pointed to rising jobless claims and falling retail sales while the housing market is also starting to slow.2021-06-18T13:11:00"
Dow on Track for Worst Week since January,Stock Market,"Dow on Track for Worst Week since JanuaryUnited States Stock MarketThe futures on three main US stock market indexes extended the losses an hour before the opening bell with Dow Jones down more than 400 points and on track to book a 2% loss on the week, the most since January as traders continued to digest a surprisingly hawkish tone from the Federal Reserve. The US central bank said Wednesday it now expects two rate hikes by the end of 2023, with Chair Powell mentioning that the discussion about scaling back bond purchases will likely start soon. Meanwhile, policymakers forecast that inflation in the US will surge this year before easing in 2022. On Thursday, the Dow Jones fell 210 points or 0.6% to 33,823. The S&P 500 was almost unchanged at 4,222. The Nasdaq Composite rose 0.9% to 14,161. 2021-06-18T05:58:00"
US Stock Futures Little Changed,Stock Market,"US Stock Futures Little ChangedUnited States Stock MarketUS Futures were flat in overnight trade Thursday as investors digested higher-than-expected claims figures and a surprisingly hawkish tone from the Fed. Initial jobless claims rose to 412K, the first increase in seven weeks, and compared to forecasts of 359K, a sign that the labor market still has a long way to recover from the coronavirus hit. On the policy side, the Fed now expects two rate increases by the end of 2023, with Powell also noting that the discussion about scaling back bond purchases will likely start soon. Also, fresh central bank forecasts showed a spike in inflation this year, although price pressures are seen slowing in 2022. In extended trade, Adobe added 2.66% after it reported quarterly earnings of $3.03 per share, while Smith & Wesson surged 5.27% after reporting better than expected quarterly earnings. On Thursday, the Dow Jones fell 210 points or 0.62% to 33823.45. The S&P 500 fell 0.04% to 4221.86. The Nasdaq Composite rose 0.87% to 14161.35.2021-06-18T00:24:00"
Adobe Systems earnings at 3.03 USD,Earnings,"Adobe Systems earnings at 3.03 USDUnited States EarningsAdobe Systems (ADBE) released earnings per share at 3.03 USD, compared to market expectations of 2.81 USD.2021-06-17T20:16:32.707"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 141292021-06-17T14:36:17.687
Philadelphia Factory Growth Eases for 2nd Month,Philadelphia Fed Manufacturing Index,"Philadelphia Factory Growth Eases for 2nd MonthUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US fell for the second month to 30.7 in June of 2021 from 31.5 in May, compared to market forecasts of 31. Still, the reading showed manufacturing activity in the region continued to grow. Indicators for new orders (22.2 vs 32.5) and shipments (27.2 vs 21) remained elevated, although movements were mixed. Additionally, the employment index increased (30.7 vs 19.3) while the price indexes climbed for both prices paid (80.7 vs  76.8) and received (49.7 vs 41). Most future indicators improved, suggesting that more firms expect overall growth over the next six months. The diffusion index for future general activity increased 17 points from its May reading, reaching 69.2, its highest level in nearly 30 years2021-06-17T12:39:06.867"
US Treasury Yields Edge Down after Initial Claims Data,Government Bond 10Y,"US Treasury Yields Edge Down after Initial Claims DataUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note fell slightly to 1.56% on Thursday, after data showed the number of Americans filing new claims for unemployment benefits unexpectedly rose for the first time in seven weeks. Still, yields remained well above a 3-month low of 1.428% touched last Friday, amid increasing concerns over runaway inflation after the Federal Reserve raised its PCE inflation forecast by 1 percentage point to 3.4% this year and sped up the expected pace of policy tightening. Still, the yields remain well below a one-year high of 1.78% in March as price pressures are expected to slow next year. The Fed sees PCE inflation at 2.1% in 2022 and 2.2% in 2023.2021-06-17T12:38:00"
US Stocks Set to Open in the Red,Stock Market,"US Stocks Set to Open in the RedUnited States Stock MarketUS stock futures traded lower on Thursday, as market participants were cautious after the Fed signaled it expects two rate increases by the end of 2023. At the same time, the central bank sharply raised its inflation forecast for this year and opened talks about when to pull back on the central bank's $120 billion in the monthly bond purchase.  Meanwhile, long-term US treasury yield jumped to 1,586% on Wednesday, the most since early March. All three main US stock indexes lost further ground Wednesday, with the Dow Jones falling 266 points or 0.8% to 34,034, the S&P 500 declining 23 points or 0.5% to 4,224, and the tech-heavy Nasdaq retreating 33 points or 0.2% to 14,040.2021-06-17T05:45:00"
US Dollar Index Extends 8-Week Highs,Currency,"US Dollar Index Extends 8-Week HighsUnited States CurrencyThe US Dollar Index traded at 8-week highs of 91.6 on Thursday, after the Fed sharply raised its forecasts for inflation this year and brought forward the time frame on when it will hike interest rates. This change in outlook came to benefit bullish investors who expect that Jay Powell and his rate-setting colleagues will need to think about scaling back quantitative easing to prevent the US economy from overheating. Local 10-year bond yields lifted to 1.586%. On the economic data front, US retail sales fell 1.3% in May, compared to market expectations of a 0.8% drop, and producer prices climbed more than expected. Also, figures released last week showed the US consumer price inflation hit its highest level since 2008.2021-06-17T00:13:00"
US Stock Futures Trade Lower,Stock Market,"US Stock Futures Trade LowerUnited States Stock MarketUS futures traded lower in early APAC deals on Thursday, following declines in the previous session after the Fed sharply raised its inflation forecast for this year and brought forward the time frame on when it will hike interest rates. This change in outlook brought renewed fears that the central bank may have to rein its ultra-easy monetary policy to prevent the US economy from overheating. However, the Fed did not indicate when it will begin cutting back on its aggressive bond-buying program. Local 10-year bond yields lifted to 1.586%. On Wednesday, the Dow Jones dropped 266 points or 0.8% to 34,034, the S&P 500 declined 23 points or 0.5% to 4,224 and the tech-heavy Nasdaq retreated 33 points or 0.2% to 14,040.2021-06-17T00:09:00"
US Crude Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 7.355 million barrels in the June 11th week, a fourth consecutive period of decline and the largest since the last week of April, data from the EIA Petroleum Status Report showed. The number also compared with forecasts of a 3.29 million fall. Meantime, gasoline inventories rose by 1.954 million barrels, defying market consensus of a 0.614 million drop. 2021-06-16T14:43:00"
US Import Prices Rise for 6th Month,Import Prices MoM,"US Import Prices Rise for 6th MonthUnited States Import Prices MoMUS import prices rose 1.1 percent from a month earlier in May of 2021, accelerating from a 0.8 percent increase in April and above market expectations of 0.8 percent. Prices for US imports have not recorded a decline since the index edged down 0.1 percent in October. Fuel prices advanced 4 percent, much faster than a 1.6 percent gain in April due to price increases for petroleum and natural gas. Also, nonfuel import prices rose 0.9 percent, up from a 0.7 percent gain in April led by higher prices for nonfuel industrial supplies and materials, consumer goods, and automotive vehicles. On a yearly basis, import prices jumped 11.3 percent in May, the largest annual increase since  September 2011. 2021-06-16T12:36:00"
US Building Permits Fall for 2nd Month,Building Permits,"US Building Permits Fall for 2nd MonthUnited States Building PermitsBuilding permits in the United States dropped 3.0 percent from a month earlier to a seasonally adjusted annual rate of 1.681 million in May 2021, a second straight period of decline and below market expectations of 1.73 million. Single-family authorizations dropped 1.6 percent to a rate of 1.130 million while permits for the volatile multi-segment tumbled 5.8 percent to a rate of 551 thousand. Permits were down across all regions: the South (-2.3 percent to 897 thousand); the West (-3.1 percent to 406 thousand); the Midwest (-2.6 percent to 222 thousand); and the Northeast (-7.1 percent to 156 thousand).2021-06-16T12:36:00"
US Export Prices Rise for 12th Month,Export Prices MoM,"US Export Prices Rise for 12th MonthUnited States Export Prices MoMPrices for US exports surged 2.2 percent from a month earlier in May of 2021, following an upwardly revised 1.1 percent advance in March and above market expectations of a 0.8 percent gain. It was the 12th straight monthly rise in export prices. The cost of agricultural products climbed 6.1 percent, the largest increase since November of 2010, driven by an 11.1 percent rise in soybean prices, a 27.5 percent increase in corn prices, and an 18.8 percent advance in wheat prices. Prices for nonagricultural exports advanced 1.7 percent, as higher prices for nonagricultural industrial supplies and materials and consumer goods more than offset lower prices for automotive vehicles and nonagricultural foods. Year-on-year, export prices rose 17.4 percent, the largest increase in the series, which was first published in  September 1983. 2021-06-16T12:33:00"
Mortgage Applications Rise the Most in 2 Months: MBA,Mortgage Applications,"Mortgage Applications Rise the Most in 2 Months: MBAUnited States Mortgage ApplicationsMortgage applications in the US increased 4.2% in the week ending June 11th, the first rise in 4 weeks, data from the Mortgage Bankers Association showed. Applications to refinance a home loan surged 5.5% and purchases were up 1.1%. The average fixed 30-year mortgage rate edged down by 4 bps to 3.11 percent, the lowest in 5 weeks. “An almost 5 percent increase in government purchase applications drove most of last week’s gain while also tempering the recent growth in loan sizes,” Joel Kan, MBA’s associate vice president of economic and industry forecasting, said.2021-06-16T11:04:00"
US 10-Year Treasury Yield Steady at 1.49% Ahead of Fed,Government Bond 10Y,"US 10-Year Treasury Yield Steady at 1.49% Ahead of FedUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was little changed at 1.49% on Wednesday, higher than a three-month low of 1.428% on Friday but well below a one-year high of 1.78% in March. Traders await the outcome of the Federal Reserve monetary policy meeting and will be looking for any updates on the tapering timeline and on policymakers' view on rising inflation as prices continue to soar. Despite increasing price pressures, the labour market recovery remains uneven and fresh retail sales showed a lack of further stimulus could slow the overall economic rebound. Meanwhile, the Treasury saw strong demand for a $24 billion sale of
20-year bonds and a $16 billion auction of 5-year TIPS is due on Thursday.2021-06-16T07:17:00"
US Dollar Index Steady at 5-Week Highs,Currency,"US Dollar Index Steady at 5-Week HighsUnited States CurrencyThe US Dollar Index was steady at 90.5 on Wednesday, trading near 5-week highs  as investors await the outcome of a much-anticipated US Federal Reserve meeting later in the day amid expectations that the central bank will continue to remain ultra-accommodative until the economy has further recovered. Yields on the 10-year US Treasuries stood at 1.497%, with traders seemingly relaxed about inflation concerns, following US policymakers' repeated assertions that higher inflation will be transitory. On the economic data front, US retail sales fell 1.3% in May, compared to market expectations of a 0.8% drop, and producer prices climbed more than expected. Also, figures released last week showed the US consumer price inflation hit its highest level since 2008.2021-06-16T01:13:00"
US Stock Futures Trade Flat,Stock Market,"US Stock Futures Trade FlatUnited States Stock MarketUS Futures were little changed in early APAC trade after declining from record levels in the previous session as investors retreated following a weaker than expected retail sales report and refrained from making big moves as the Federal Reserve kicked off its two-day policy meeting. On the monetary policy front, the Federal Reserve is not expected to make any policy moves, but may signal that it’s beginning to think about easing its bond-buying policy. The Fed will also release new forecasts on Wednesday, which could indicate a possible first rate hike penciled in for 2023. On Tuesday, The S&P 500 dipped 0.2% to 4246.59 after hitting a new all-time high earlier in the session. The Dow fell 94.42 points or 0.3% to 34299.33. The Nasdaq, which hit a record closing high in the previous session, pulled back 0.7% to 14072.86.2021-06-16T00:20:00"
US Crude Stocks Fall by Most Since September 2020,API Crude Oil Stock Change,"US Crude Stocks Fall by Most Since September 2020United States API Crude Oil Stock ChangeStocks of crude oil in the United States plunged by 8.537 million barrels in the week ended June 11th of 2021, after a 2.108 million drop in the previous week, data from the American Petroleum Institute showed. It was the biggest draw since the week ended on September 11th, 2020.  2021-06-15T20:41:00"
Oracle earnings at 1.54 USD,Earnings,"Oracle earnings at 1.54 USDUnited States EarningsOracle (ORCL) released earnings per share at 1.54 USD, compared to market expectations of 1.31 USD.2021-06-15T20:25:23.133"
US Business Inventories Fall for 1st Time in 9 Months,Business Inventories,"US Business Inventories Fall for 1st Time in 9 MonthsUnited States Business InventoriesManufacturers’ and trade inventories in the US went down 0.2 percent from a month earlier in April of 2021, following eight consecutive periods of increases and compared to market expectations of a 0.1 percent drop. Stocks at retailers fell 1.8 percent, extending a 1.4 percent decrease in the previous month, while inventories at manufacturers (0.3 percent vs 0.8 percent) and wholesalers (0.8 percent vs 1.2 percent) slowed. Year on year, business inventories rose 1.3 percent. 2021-06-15T14:04:00"
USNDX Hits All-time High,Stock Market,USNDX Hits All-time HighUnited States Stock MarketUSNDX increased to an all-time high of 141302021-06-15T13:53:23.817
US500 Hits All-time High,Stock Market,US500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 42572021-06-15T13:30:02.72
US 10-Year Bond Yield Rises,Government Bond 10Y,"US 10-Year Bond Yield Rises United States Government Bond 10YThe yield on the benchmark US 10-year Treasury rose to 1.50% on Tuesday, moving away from 3-month lows touched earlier in the week, after recent data showed US retail sales dropped by a more than expected 1.3% in May as Americans shifted their spending to services from goods while stimulus checks are falling out of the economy. Meanwhile, investors continue to wait for the Federal Reserve monetary policy meeting later in the week for any updates on the tapering timeline. Traders will also look for further clarity on policymakers' view on rising inflation as prices continue to soar, with headline inflation topping 13-year highs, core inflation soaring to 1992-highs, and producer prices rising more than expected. 2021-06-15T12:55:00"
Dollar at 1-Month High,Currency,"Dollar at 1-Month HighUnited States CurrencyThe US Dollar Index held steady at an over one-month high of 90.6 on Tuesday, as traders await the outcome of a much-anticipated US Federal Reserve meeting this week amid expectations that the central bank will continue to remain ultra-accommodative until the economy has further recovered. Yields on the 10-year US Treasuries stood at 1.48%, with investors seemingly relaxed about inflation concerns, following US policymakers' repeated assertions that higher inflation will be transitory. On the economic data front, US retail sales fell 1.3% in May, compared to market expectations of a 0.8% drop, and producer prices climbed more than expected. Also, figures released last week showed the US consumer price inflation hit its highest level since 2008.2021-06-15T12:46:51.843"
New York State Manufacturing Growth Misses Forecasts,NY Empire State Manufacturing Index,"New York State Manufacturing Growth Misses ForecastsUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index fell seven points to 17.4 in June of 2021, below market expectations of 23. New orders (16.3 vs 28.9) and shipments (14.2 vs 29.7) increased moderately, and there was a rise in unfilled orders (7.9 vs 21.4). Delivery times lengthened at a record-setting pace (29.8 vs 23.6), and inventories edged lower (-2.6 vs 7.1). Employment levels (12.3 vs 13.6) and the average workweek (15.1 vs 18.7) continued to grow modestly, and both input prices (79.8 vs 83.5) and selling prices (33.3 vs 37.1) continued to rise sharply. Looking ahead, firms remained optimistic that conditions would improve over the next six months, with the index for future employment reaching a record high.2021-06-15T12:36:00"
Dollar Index Hits 4-week High,currency,Dollar Index Hits 4-week HighUnited States currencyDXY increased to a 4-week high of 90.6272021-06-15T11:26:13.937
US 10-Year Treasury Yield Little Changed Ahead of FOMC,Government Bond 10Y,"US 10-Year Treasury Yield Little Changed Ahead of FOMCUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury was little changed at 1.48% on Tuesday, close to 3-month lows, as investors await the Federal Reserve monetary policy meeting later in the week for any updates on the tapering timeline. Traders will also look for further clarity on policymakers' view on rising inflation as prices continue to soar, with headline inflation topping 13-year highs and core inflation soaring to 1992-highs. Still, Fed officials have been reiterating inflationary pressures are transitory and markets appear to acknowledge the rise is mostly related to the pandemic. Meanwhile, the Treasury this week will auction $24 billion in 20-year bonds, $34 billion in 52-week bills and $16 billion in 5-year TIPS.2021-06-15T07:24:17.347"
US Dollar Index Trades Near 5-Week Highs,Currency,"US Dollar Index Trades Near 5-Week HighsUnited States CurrencyThe US Dollar Index held at 90.5 on Tuesday, trading near 5-week highs as traders await a much-anticipated US Federal Reserve meeting later this week amid expectations that the central bank will continue to remain ultra-accommodative until the economy has further recovered. Yields on the 10-year US Treasuries stood at 1.484%, with investors seemingly relaxed about their inflation concerns. In recent data, the University of Michigan's consumer sentiment came above market expectations while jobless claims fell to a new pre-pandemic low. On top of that, markets shrugged last week’s high US inflation data, while median year-ahead inflation jumped for the 7th straight month to a new record high of 4% in May.2021-06-15T01:16:00"
US Stock Futures Flat at Record Highs,Stock Market,"US Stock Futures Flat at Record HighsUnited States Stock MarketUS Futures were little changed in overnight deals on Monday after finishing at record levels during the regular session as investors rotated out of economically sensitive cyclical stocks into technology names ahead of the Fed's two-day June meeting. While a re-opening economy has unleashed pent-up demand, the supply side of the equation is striving to meet it, resulting in the price pressures seen in recent data, however, the Fed has reassured that any spike in inflation would be transitory. Later in the session, market participants will also be closely monitoring fresh producer price and retail sales data. On Monday, The Dow fell 85 points or 0.25% to 34393.76, S&P 500 gained 0.18% to close at a new record of 4,255.15 and the Nasdaq Composite added 104.72 points or 0.74% to 14174.14.2021-06-15T00:08:00"
"S&P 500, Nasdaq Notch Fresh Records",Stock Market,"S&P 500, Nasdaq Notch Fresh RecordsUnited States Stock MarketThe S&P 500 and the Nasdaq Composite finished at record closing levels on Monday, as investors rotated out of economically sensitive cyclical stocks into technology names ahead of the Fed's two-day June meeting. While a re-opening economy has unleashed pent-up demand, the supply side of the equation is striving to meet it, resulting in the price pressures seen in recent data. This macro backdrop, in turn, sparked fears that central banks may have to tweak policy soon to prevent economies from overheating. And while the Fed has reassured that any spike in inflation would be transitory, investors will watch for clues about the path of crisis-era stimulus. The blue-chip Dow underperformed its peers, losing nearly 100 points to 34,394, with JPMorgan Chase & Co tumbling almost 2%. 2021-06-14T20:06:00"
US500 CFD hits All-time High,Stock Market,US500 CFD hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 42572021-06-14T20:00:00.903
USNDX CFD hits All-time High,Stock Market,USNDX CFD hits All-time HighUnited States Stock MarketUSNDX CFD increased to an all-time high of 141192021-06-14T19:59:23.963
USNDX Hits All-time High,Stock Market,"USNDX Hits All-time HighUnited States Stock MarketThe tech-heavy Nasdaq outperformed its peers, hitting a fresh intraday record high above the 14,070 level as investors rotated out of economically sensitive cyclical stocks into technology ones. All six major tech names Microsoft, Amazon, Alphabet, Facebook, Tesla, and Apple, were trading in positive territory. 2021-06-14T18:43:00"
US 10-Year Treasury Yield Edges Up,Government Bond 10Y,"US 10-Year Treasury Yield Edges UpUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note edged up to 1.48% on Monday but remained close to 3-month lows, as investors await the Federal Reserve monetary policy meeting later in the week for any updates on the tapering timeline. Traders will also look for further clarity on policymakers' view on rising inflation as prices continue to soar, with headline inflation topping 13-year highs and core inflation soaring to 1992-highs. Still, Fed officials have been reiterating inflationary pressures are transitory and markets appear to acknowledge the rise is mostly related to the pandemic. Meanwhile, the Treasury this week will auction $24 billion in 20-year bonds, $34 billion in 52-week bills and $16 billion in 5-year TIPS.2021-06-14T08:10:00"
US Stock Futures Little Changed to Start the Week,Stock Market,"US Stock Futures Little Changed to Start the WeekUnited States Stock MarketUS stock futures were little changed on Monday, ahead of the FOMC meeting later in the week. Traders weighed the prospects of a solid economic recovery against concerns over inflationary pressure that would prompt the Fed to reduce its stimulus. On the bond market,  the yield on 10-year US Treasuries stood at 1.465% after falling to a three-month low of 1.428% on Friday. In recent data, the consumer price index in the US rose 5% yoy in May, the most since summer 2008. Meantime, the number of Americans applying for jobless benefits fell to the lowest in 15 months, declining for the sixth straight week. On Friday, Wall Street managed to end the session mostly higher, with the  S&P 500 hitting a new record closing high while the Nasdaq rising to its best closing level in over a month. Last week, the blue-chip Dow fell 0.8% while the S&P 500 gained 0.4% for its third straight positive week, and the Nasdaq Composite advanced 1.9%, posting its fourth winning week in a row.2021-06-14T06:26:00"
US500 Hits All-time High,Stock Market,US500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 42502021-06-13T22:00:02.977
Dollar Hits One-Week High,Currency,"Dollar Hits One-Week HighUnited States CurrencyThe dollar index regained ground on Friday, touching a one-week high of 91.60, as investors cheered new signs that a reopening economy is driving growth. The University of Michigan's consumer sentiment came above market expectations while jobless claims fell to a new pre-pandemic low. On top of that, markets shrugged off Thursday's high US inflation data, digesting the Federal Reserve's narrative that it is likely to be a temporary blip and because of supply and demand imbalances. Investors now turn their attention to the Fed's monetary policy decision next week, expecting that the central bank will continue to remain ultra-accommodative until the economy has further recovered. As a result, the US currency rose almost 0.5% this week, notching its second consecutive week of gains. 2021-06-11T18:07:00"
Dollar Firms as Investors Shrug Off Inflation,Currency,"Dollar Firms as Investors Shrug Off InflationUnited States CurrencyThe dollar index rose more than 0.5% to above 90.5 on Friday, on strong data and as inflation fears eased with investors acknowledging price pressures are temporary and pandemic-induced, in line with Fed's stance. The University of Michigan's consumer sentiment came above market expectations while jobless claims fell to a new pre-pandemic low. Investors now turn their attention to the Fed's monetary policy decision with changes to QE only expected in August or September and a rate hike not seen before 2023. On the week, the dollar is on track to end 0.2% higher. 2021-06-11T13:16:00"
US Stocks Set to Open in the Green,Stock Market,"US Stocks Set to Open in the GreenUnited States Stock MarketUS stock futures traded slightly higher on Friday, following solid gains in the previous session that saw the S&P 500 closing at an all-time high, amid a further drop in benchmark US Treasury yields and hopes that the Fed will keep its ultra-accommodative policies even after data showed the US annual inflation rate jumping to a 13 year-high in May. In addition, the weekly claims report suggested the labor market recovery continued. Elsewhere, a US House committee approved a $547 billion surface transportation package, adopting some of President Biden's proposals as part of his $2.3 trillion infrastructure plan.  Traders now look forward to the Fed monetary policy meeting next week for clues on the tapering timeline. On Thursday, the Dow rose 19 points or 0.06% to 34,466. The S&P 500 gained 0.47% at 4,239. The Nasdaq Composite went up 0.78% at 14,020.2021-06-11T06:15:00"
US Dollar Steady After CPI,Currency,"US Dollar Steady After CPIUnited States CurrencyThe US Dollar Index remained little changed at 90 on Friday after a key US CPI report for May showed that the inflation rate rose to its highest level since August 2008, while the annual core inflation hit a near 30-year high as the economy rebounds from the pandemic-induced recession, with investors betting that the inflation pressures are likely to be temporary. In addition, the weekly claims report suggested the labor market recovery continued. US 10-year rates also eased, extending 3-month lows to 1.444%. Investors now look forward to the Fed monetary policy meeting next week for clues on the tapering timeline.2021-06-11T01:41:00"
US Stock Futures Flat After Notching Record Highs,Stock Market,"US Stock Futures Flat After Notching Record HighsUnited States Stock MarketUS Futures traded flat in early Asian trade on Friday, following solid gains in the previous session that saw the S&P 500 closing at an all-time high, after a key US CPI report for May showed inflation rising at its fastest pace since 2008 as the economy rebounds from the pandemic-related recession, with investors betting that the inflation pressures are likely to be temporary. In addition, the weekly claims report suggested the labor market recovery continued. US 10-year rates also eased, extending 3-month lows to 1.444%. Elsewhere, a US House committee approved a $547 billion surface transportation package, adopting some of President Biden's proposals as part of his $2.3 trillion infrastructure plan. Investors now look forward to the Fed monetary policy meeting next week for clues on the tapering timeline. During the regular session, the Dow rose 19 points, or 0.06% to 34466.24. The S&P 500 ended the day up 0.47% at 4239.18. The Nasdaq Composite ended the day up 0.78% at 14020.33.2021-06-11T00:33:00"
US500 Hits All-time High,Stock Market,US500 Hits All-time HighUnited States Stock MarketUS500 increased to an all-time high of 42482021-06-10T13:50:17.83
Dollar Slightly Down after Inflation Tops Forecasts,Currency,"Dollar Slightly Down after Inflation Tops Forecasts United States CurrencyThe dollar index edged slightly down to 90 on Thursday after annual inflation rate in the US came higher-than-expected at 5% while initial claims were above forecasts at 376K. Investors try to assess what mixed economic figures would mean for the Fed policy as price pressures persist although the labour market recovery is far from complete. The Fed has been reiterating that price pressures are transitory and that higher inflation could be tolerated for some time. Still, investors worry that persistent inflation would force the central bank to start reducing its bond purchases early although a rate hike is not expected before 2023.2021-06-10T12:45:33.043"
US Treasury Note Yield Inches Higher After CPI Data,Government Bond 10Y,"US Treasury Note Yield Inches Higher After CPI DataUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose above 1.51% on Thursday, having touched a near three-month low earlier in the session, after economic data showed the US inflation rate rose more than expected in May to its highest level since August 2008. Meanwhile, the $38 billion auction of 10-year notes saw strong demand on Wednesday, with a bid-to-cover ratio of 2.58, the highest in a year. On Tuesday, an auction of $58 billion worth of three-year notes also showed good demand with a high yield of 0.325%.2021-06-10T12:36:48.557"
US Jobless Claims Seen Falling to New Pandemic Low,Initial Jobless Claims,"US Jobless Claims Seen Falling to New Pandemic LowUnited States Initial Jobless ClaimsInitial jobless claims likely fell last week to 370 thousand, the lowest level in nearly 15 months, as the labor market continues to be supported by broader economic re-opening amid a steady decline in the number of daily COVID cases and the rapid pace of vaccinations. In addition, many states recently decided to withdraw from federal unemployment benefit programs as large and small businesses have been complaining about the difficulty to hire, saying the benefits pay more than most minimum wage jobs. Meanwhile, continuing claims likely dropped to 3.60 million in the May 29th week from 3.77 million the week before.2021-06-10T08:55:17.267"
10-Year Treasury Yield at 3-Month Low,Government Bond 10Y,"10-Year Treasury Yield at 3-Month LowUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was at 1.5% on Thursday, hovering at closing levels not seen in 3 months, as investors await the highly anticipated CPI data and claims report for further clues on the Fed's next steps and the possibility of an early tapering. Meanwhile, the $38 billion auction of 10-year notes saw strong demand on Wednesday,  with a bid-to-cover ratio of 2.58, the highest in a year. On Tuesday, an auction of $58 billion worth of three-year notes also showed good demand with a high yield of 0.325%.2021-06-10T07:09:00"
US Dollar Index Edges Higher,Currency,"US Dollar Index Edges HigherUnited States CurrencyThe US Dollar Index edged up to 90.2 on Thursday, rising slightly as traders looked ahead to the highly anticipated May US inflation report due later in the session for guidance about the path of crisis-era stimulus, amid concerns that rising inflation could force the Fed to start reducing its bond-purchase program sooner than expected. Local 10-year bond yields eased to fresh 3-month lows of 1.489%. Earlier in the week, the number of job openings rose by almost 1.0 million from the previous month to a new record high of 9.286 million in April 2021, easily beating market expectations of 8.3 million, while the US trade gap narrowed to $68.9 billion in April of 2021 from a record high $75 billion gap in March and in line with market expectations. Exports were up 1.1%, while imports dropped 1.4%.2021-06-10T01:31:00"
US Stock Futures Edge Lower,Stock Market,"US Stock Futures Edge LowerUnited States Stock MarketUS Futures traded lower in early APAC deals on Thursday, following slight declines in the previous session, with the Dow falling for the 3rd consecutive session ahead of Thursday's highly anticipated May US inflation report for guidance about the path of crisis-era stimulus, amid concerns that rising inflation could force the Fed to start reducing its bond-purchase program sooner than expected. Local 10-year bond yields eased to fresh 3-month lows of 1.489%. An improved economic outlook due to the successful vaccine rollout and unprecedented monetary policy support lifted stocks to record highs recently. However, falls were most pronounced in those economically sensitive sectors of the market that had recently rallied, including financials and industrials stocks. On Wednesday, the Dow dropped 152.68 points or 0.44% to 34447.14 while the S&P 500 slipped 0.18% to 4219.55. The Nasdaq Composite slipped 0.09% to 13911.75.2021-06-10T00:12:00"
Treasury Yields Fall After Solid 10-Year Auction,Government Bond 10Y,"Treasury Yields Fall After Solid 10-Year Auction United States Government Bond 10YThe yield on the benchmark US 10-year Treasury fell to a one-month low of 1.47% on Wednesday after the Treasury saw average demand for an auction of ten-year notes. The auction drew a high yield of 1.497% and a bid-to-cover ratio of 2.58. On Tuesday, an auction of $58 billion worth of three-year notes also showed good demand with a high yield of 0.325%. In the absence of further market catalysts, investors are likely to maintain a cautious mood amid concerns that central banks would pull off monetary support soon, as the economic recovery gathers steam and price pressures increase. 2021-06-09T17:28:00"
US Crude Stocks Fall for 3rd Week,Crude Oil Stocks Change,"US Crude Stocks Fall for 3rd WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 5.241 million barrels in the June 4th week, a third consecutive period of decline and compared with market forecasts of a 2.036 million fall, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories rose by 7.046 million barrels, the most since April 2020 and compared with consensus of a smaller 0.698 million advance. 2021-06-09T14:34:49.067"
US Wholesale Inventories Rise For 9th Month,Wholesale Inventories,"US Wholesale Inventories Rise For 9th MonthUnited States Wholesale InventoriesWholesale inventories in the US increased 0.8 percent from a month earlier to USD 698.0 billion in April 2021, in line with preliminary estimates and following a 1.2 percent growth in March. Nondurable goods stocks rose 0.9 percent (vs 1.4 percent in March) on the back of increases in inventories of groceries and farm products. Also, durable goods stocks were up 0.7 percent (vs 1.0 percent in March), boosted by automotive, electrical, metals and professional equipment. On a yearly basis, wholesale inventories advanced 5.2 percent in April.2021-06-09T14:06:00"
US Dollar Index Trades Near 5-Month Lows,Currency,"US Dollar Index Trades Near 5-Month LowsUnited States CurrencyThe dollar index fell further to 89.9 on Wednesday, close to 5-month lows amid falling Treasury yields as investors continue to weigh rising inflationary pressures and the impact it will have on the Fed's monetary policy, while awaiting fresh CPI data due Thursday for guidance about the path of crisis-era stimulus. 2021-06-09T01:33:00"
US Stock Futures Trade Near Record Highs,Stock Market,"US Stock Futures Trade Near Record HighsUnited States Stock MarketUS Futures were little changed in early Asian trade Wednesday, as all 3 major indexes ended the range-bound session little changed, with the S&P 500 and the Dow closing within about 0.5% of record highs. Investors remain cautious and continue to weigh rising inflationary pressures and the impact it will have on the Fed's monetary policy, while awaiting fresh CPI data due Thursday for guidance about the path of crisis-era stimulus. Meantime, US 10-year Treasury bond yields were at 5-week lows of 1.535%. Among local data, the number of job openings rose by almost 1.0 million from the previous month to a new record high of 9.286 million in April 2021, easily beating market expectations of 8.3 million. On Tuesday, the Dow lost 30.42 points or 0.09% to 34599.83, the S&P 500 was flat at 4227.25 while the Nasdaq Composite lifted 43.19 points or 0.31% to 13924.91.2021-06-09T00:15:00"
US Crude Inventories Fall Less Than Expected,API Crude Oil Stock Change,"US Crude Inventories Fall Less Than ExpectedUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 2.108 million barrels in the week ended June 4th of 2021, following a 5.360 million decrease in the previous week and compared with market expectations of a 3.576 million drop, data from the American Petroleum Institute showed.2021-06-08T20:41:06.087"
US500 Hits 4-week High,Stock Market,US500 Hits 4-week HighUnited States Stock MarketUS500 increased to a 4-week high of 42372021-06-08T13:30:05.003
US Imports Fall from Record,Imports,"US Imports Fall from RecordUnited States ImportsImports to the United States declined by USD 3.8 billion to USD 273.9 billion in April 2021, from last month's all-time high, due to lower purchases of consumer goods (down USD 2.6 billion) such as other textile apparel and household goods; toys, games, and sporting goods; and household appliances. Also, imports of automotive vehicles, parts, and engines were down USD 1.1 billion. Imports of services, however, increased USD 0.7 billion, boosted by travel and transport.2021-06-08T12:37:00"
US Exports Hit 14-Month High,Exports,"US Exports Hit 14-Month HighUnited States ExportsExports from the United States increased by USD 2.3 billion from a month earlier to USD 205.0 billion in April 2021, the highest level since February 2020, as the global demand recovery gathered pace amid ongoing re-opening efforts. Sales were up for capital goods (up USD 2.1 billion) led by civilian aircraft; and industrial supplies and materials (up USD 0.8 billion) on the back of crude oil, fuel oil and other petroleum products. On the other hand, exports of automotive vehicles, parts, and engines dropped by USD 1.0 billion. In addition, exports of services advanced USD 0.7 billion, due to travel, transport and charges for the use of intellectual property.2021-06-08T12:35:00"
Dollar Rises Slightly,Currency,"Dollar Rises Slightly United States CurrencyThe dollar index edged up to 90.1 on Tuesday, as investors remain cautious ahead of US inflation release later in the week. The consumer price index report is set to provide more clarity on the Fed's next moves. Jobs growth in May was not as strong as expected quelling expectations of an early tapering in the Federal Reserve’s stimulus.
2021-06-08T09:47:00"
US Dollar Index Remains Under Pressure,Currency,"US Dollar Index Remains Under PressureUnited States CurrencyThe US Dollar Index was little changed at 90.039 in early APAC trade on Tuesday after last Friday’s US jobs data pushed the Greenback lower as investors bet that jobs growth was not strong enough to raise expectations for the US Federal Reserve to tighten its monetary policy. US 10-year bond yields were at 1.57%. On the data front, the US annual inflation rate due Thursday is seen jumping to 4.7% which would be the highest rate since September of 2008, while Federal Reserve officials maintain the narrative that the current rising inflation is transitory in nature. Meanwhile, Treasury Secretary Janet Yellen again made the case for President Biden's $4 trillion spending package even if it pushes inflation higher and also said higher interest rates would be a plus for the US.2021-06-08T00:56:01.267"
US Stock Futures Lift,Stock Market,"US Stock Futures Lift United States Stock MarketUS Futures traded higher in early Asian trade on Tuesday, approaching fresh all-time highs following a mixed session yesterday as investors await fresh CPI data and digest comments from Treasury Secretary Yellen, while news of a global minimum corporate tax rate agreed by G7 over the weekend also lifted sentiment. On the data front, the US annual inflation rate due Thursday is seen jumping to 4.7% which would be the highest rate since September of 2008, adding to further concerns the Federal Reserve will start tapering stimulus soon. US 10-year bond yields were at 1.57%. Meanwhile, Treasury Secretary Janet Yellen again made the case for President Biden's $4 trillion spending package even if it pushes inflation higher and also said higher interest rates would be a plus for the US. On Monday, the Dow fell 126 points, or 0.36%, its worst daily performance since May 19. The S&P 500 dipped 0.08%, while the Nasdaq Composite edged 0.5% higher 2021-06-08T00:19:00"
"Dow and S&P Lower, Nasdaq Rebounds",Stock Market,"Dow and S&P Lower, Nasdaq Rebounds United States Stock MarketThe Dow Jones finished in the red while the S&P 500 closed virtually flat on Monday as investors await fresh CPI data and digest comments from Treasury Secretary Yellen and a global minimum corporate tax rate agreed by G7 during the weekend. The Nasdaq, meanwhile, erased losses to end higher, with Facebook shares surging around 2% to hit an intraday high after the social media suspended Trump's account for 2 years. Biogen shares surged more than 30% after the FDA approved the company's Alzheimer's treatment. On the data front, the US annual inflation rate due Thursday is seen jumping to 4.7% which would be the highest rate since September of 2008, adding to further concerns the Federal Reserve will start tapering stimulus soon. Meanwhile, Treasury Secretary Janet Yellen again made the case for President Biden's $4 trillion spending package even if it pushes inflation higher and also said higher interest rates would be a ‘Plus’ for the US. 2021-06-07T19:43:00"
"US Stocks Fall, Traders Await CPI Data",Stock Market,"US Stocks Fall, Traders Await CPI Data United States Stock MarketThe Dow Jones reversed early gains to trade lower and both the S&P 500 and the Nasdaq extended losses on Monday, after closing near record levels last week, as investors await fresh CPI data and digest comments from Treasury Secretary Yellen and a global minimum corporate tax rate. US annual inflation rate is seen jumping to 4.7% which would be the highest rate since September of 2008, adding to further concerns the Federal Reserve will start tapering stimulus soon. Meanwhile, Treasury Secretary Janet Yellen again made the case for President Biden's $4 trillion spending package even if it pushes inflation higher and also said higher interest rates would be a ‘Plus’ for the US. During the weekend, G7 Finance Ministers agreed on the creation of a global minimum corporate tax rate of at least 15% that companies would have to pay regardless of where they are based, potentially enabling foreign governments to impose levies on big American companies.2021-06-07T13:33:00"
US Stocks Set to Open in the Red to Start the Week,Stock Market,"US Stocks Set to Open in the Red to Start the WeekUnited States Stock MarketUS stock futures traded flat to lower on Monday, but not far from record highs, amid volatile trading conditions. Traders were cautious after data showed factory orders in the US shrank 0.6% mom in April, the first drop in a year. Meantime, the economy added 559K jobs in May, above an upwardly revised 278K in April but below market forecasts of 650K. Treasury Secretary Yellen reportedly said that President Joe Biden’s $4 trillion spending plan would be good for the country, even if it contributes to rising inflation and results in higher interest rates. Elsewhere, Democrats will start the process Wednesday of preparing an infrastructure bill for a vote in the House, with or without Republican support. Attention will turn to the G7 leaders' summit later in the week, along with the US consumer price report. Last week, the Dow and the S&P 500 advanced 0.7% and 0.6%, respectively for their second straight week of gains, while the Nasdaq gained 0.5% for its third week of gains.2021-06-07T06:24:00"
US Dollar Index Trades Flat,Currency,"US Dollar Index Trades Flat United States CurrencyThe US Dollar Index was little changed at 90 on Monday as investors weighed weaker than expected economic data against the prospects of rising interest rates. The US economy added 559K jobs in May, above an upwardly revised 278K in April but below market forecasts of 650K. Over the weekend, G7 finance ministers backed a historic US proposal that calls for corporations around the world to pay at least a 15% tax on earnings. Meantime, Treasury Secretary Janet Yellen noted that President Joe Biden should push forward with his $4 trillion spending plans even if they trigger inflation that persists into next year and higher interest rates. Yellen also said higher interest rates would be a ‘Plus’ for the US. 2021-06-07T00:13:00"
US Stock Futures Flat Near Record Highs,Stock Market,"US Stock Futures Flat Near Record HighsUnited States Stock MarketUS Futures were flat in early Asian deals on Monday, following slight gains last week amid volatile trading conditions as weaker-than-expected jobs growth eased worries about an overheating economy. The US economy added 559K jobs in May, above an upwardly revised 278K in April but below market forecasts of 650K, while factory orders shrank 0.6% on-month in April, the first decline in 12 months. The latest reading of the job market cemented the Fed's narrative that the central bank will continue to remain ultra-accommodative until the economy has further recovered. Over the weekend, G7 finance ministers reached a historic agreement to reform the global tax system ahead of the highly anticipated G7 leaders' summit, backing a proposal that calls for corporations around the world to pay at least a 15% tax on earnings. Last week, the Dow and the S&P 500 advanced 0.7% and 0.6%, respectively for their second straight week of gains, while the Nasdaq gained 0.5% for its third week of gains.2021-06-06T23:52:00"
USNDX Hits 4-Week High,Stock Market,"USNDX Hits 4-Week HighUnited States Stock MarketThe tech-heavy Nasdaq 100 outperformed its peers on Friday, climbing almost 2% to a four-week high of 13,780, as investors rotated into technology names amid easing worries about an overheating economy following weaker-than-expected US jobs growth. 
2021-06-04T17:42:00"
Treasury Yields Retreat After Soft Jobs Report,Government Bond 10Y,"Treasury Yields Retreat After Soft Jobs ReportUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury yield retreated to 1.56% on Friday, after the payroll report showed the US economy created fewer jobs than expected in May, easing worries about the Federal Reserve reducing its massive support sooner than expected. The US economy added 559K jobs in May of 2021, above an upwardly revised 278K in April but below market forecasts of 650K. Still, earlier this week, a batch of fresh data pointed to sustained growth, rising inflationary pressures and supply constraints that could force the Fed to start tapering talks soon. Meanwhile, comments from several Fed officials showed there is still no consensus within the Fed. While Philadelphia Fed Patrick Harker noted that it could soon be time to think about tapering, St. Louis Fed President Bullard said the labour market might be tighter than the current unemployment rate suggests and NY Fed John Williams pointed that now is not the time to slow down asset purchases. 2021-06-04T13:03:00"
Dollar Falls after Payrolls Rise Less than Expected,Currency,"Dollar Falls after Payrolls Rise Less than ExpectedUnited States CurrencyThe dollar index depreciated to around 90.10 on Friday, moving away from a three-week high of 90.60 touched earlier in the session, after the payrolls report showed the US economy added fewer jobs than expected in May, easing expectations the Fed would start tapering soon. Meanwhile, on Wednesday, the Fed announced it will begin to unwind the corporate bond holdings it acquired last year through an emergency lending facility launched to calm credit markets at the height of the pandemic. 
2021-06-04T12:42:00"
US Wages Growth Above Estimates,Average Hourly Earnings,"US Wages Growth Above EstimatesUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls increased by 15 cents, or 0.5% to $30.33 in May of 2021, following a 0.7% increase in April and beating market estimates of a 0.2% gain. Average hourly earnings of private-sector production and nonsupervisory employees rose by 14 cents to $25.60 in May, following an increase of 19 cents in April. Year-on-year, average hourly earnings have increased by 2%, following an upwardly revised 0.4% rise and above market consensus of a 1.6% increase. The data for the last 2 months suggest that the rising demand for labor associated with the recovery from the pandemic may have put upward pressure on wages.


2021-06-04T12:32:00"
US Jobless Rate Falls to 14-Month Low,Unemployment Rate,"US Jobless Rate Falls to 14-Month LowUnited States Unemployment RateThe US unemployment rate dropped to 5.8 percent in May 2021, the lowest since March 2020 and below market expectations of 5.9 percent, adding to signs that the job market consolidated its recovery as the economy further reopened. Still, the rate remained well above the 3.5 percent recorded in February 2020, just before the virus tore through the economy. A steady decline in the number of daily coronavirus cases due to vaccinations has allowed authorities to lift restrictions on businesses, but employers have been complaining that they cannot find enough workers to respond to growing demand. The number of unemployed people declined by 496 thousand to 9.32 million, while employment rose by 444 thousand to 151.62 million.2021-06-04T12:31:00"
Bitcoin Slides after Musk Tweet,Currency,"Bitcoin Slides after Musk TweetUnited States CurrencyBitcoin fell more than 6% to trade below $37,000 on Friday after Elon Musk tweeted a broken heart emoji adding the hashtag #Bitcoin. Other cryptocurrencies also declined, with ether down 7% and dog falling almost 8%. Bitcoin’s rollercoaster ride started after Tesla has suspended vehicle purchases using the cryptocurrency on May 12th, mentioning the rapidly increasing use of fossil fuels for Bitcoin mining and transactions. Crypto markets came under renewed pressure after China, the US and South Korea signaled a clampdown in the use of such digital assets.2021-06-04T07:57:00"
US 10-Year Treasury Yield Little Changed Ahead of Payrolls,Government Bond 10Y,"US 10-Year Treasury Yield Little Changed Ahead of PayrollsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury yield was little changed at 1.62% on Friday, close to the highest levels reached this week, as investors await the highly anticipated jobs report for an updated on the labour market recovery and more clues on the Fed's moves later this month. Early this week, a batch of fresh data pointed to sustained growth, rising inflationary pressures and supply constraints that could force the Fed to start tapering talks soon. Mixed comments from several Fed officials showed there is still no consensus within the Fed. St. Louis Fed President James Bullard said the labor market might be tighter than the current unemployment rate suggests and NY Fed John Williams pointed that now is not the time to slow down asset purchases. Also, Philadelphia Fed Patrick Harker said it may soon be time to think about tapering. 2021-06-04T07:53:00"
US Jobless Rate Seen Falling Below 6%,Unemployment Rate,"US Jobless Rate Seen Falling Below 6%United States Unemployment RateThe US unemployment rate is expected to fall to 5.9 percent in May 2021, the lowest level since March 2020, adding to signs that the job market consolidated its recovery as the economy further reopened. Still, the rate should remain well above the 3.5 percent recorded in February 2020, just before the virus tore through the economy. A steady decline in the number of daily coronavirus cases due to vaccinations has allowed authorities to lift restrictions on businesses. However, employers have also complained that they can't find enough workers to respond to growing demand.2021-06-04T06:53:24.363"
US Dollar Index Hits 3-Week High on Strong Data,Currency,"US Dollar Index Hits 3-Week High on Strong DataUnited States CurrencyThe US Dollar Index held at 90.557 in early trade Friday, trading at 3-week highs after upbeat labour market and services data added to bets the Federal Reserve will start tapering sooner rather than later. The ADP report showed US companies added the most jobs in 11 months, well above forecasts, initial jobless claims fell more than expected and services PMIs pointed to record growth in the services sector. The payrolls report on Friday will provide a clearer picture on the labor market recovery. Local 10-year bond yields also moved higher to 1.63% after the Federal Reserve announced Wednesday it will begin to unwind the corporate bond holdings it acquired last year through an emergency lending facility launched to calm credit markets at the height of the pandemic, noting that it plans to sell the bonds and ETF holdings in a gradual and orderly way that seeks to minimize “the potential for any adverse impact on market functioning”.2021-06-04T00:21:24.157"
Avago Technologies earnings at 6.62 USD,Earnings,"Avago Technologies earnings at 6.62 USDUnited States EarningsAvago Technologies (AVGO) released earnings per share at 6.62 USD, compared to market expectations of 6.44 USD.2021-06-03T20:43:59.843"
US Crude Stocks Fall More than Forecast,Crude Oil Stocks Change,"US Crude Stocks Fall More than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 5.08 million barrels in the May 28th week, following a 1.662 million decrease in the previous period and compared with market forecasts of a 2.443 million fall, data from the EIA Petroleum Status Report showed. Meantime, gasoline inventories rose by 1.5 million barrels, following a 1.745 million decrease in the prior week and compared with consensus of a 1.479 million decline. 2021-06-03T15:03:36.247"
US Treasury Yields Inch Up,Government Bond 10Y,"US Treasury Yields Inch UpUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury yield rose further to 1.63% on Thursday after fresh economic data pointed to a strong economic recovery and persistent price pressures. Private payrolls rose more than expected by the most in 11 months, jobless claims fell more than expected to 385K and Services PMIs pointed to record growth in the services sector. Early in the week, manufacturing PMIs showed American factory growth beat expectations despite labour supply constraints and elevates price pressures. Last week, PCE inflation soared to levels not seen since the 1990s. The jobs report due Friday will provide a further update on the US labour market.2021-06-03T14:23:00"
US Private Sector Output Expansion Fastest on Record,Composite PMI,"US Private Sector Output Expansion Fastest on RecordUnited States Composite PMIThe IHS Markit US Composite PMI was revised higher to an all-time high of 68.7 in May 2021, from a preliminary estimate of 68.1, to signal the steepest upturn in business activity since data collection began in October 2009. Rates of new business growth were the fastest on record in both the manufacturing and service sectors, helped by a survey record rise in foreign client demand. Constraints on capacity led to a solid accumulation of backlogs of work, with manufacturers noting the fastest rise on record. Alongside component shortages, firms stated that challenges remained finding suitable candidates. Subsequently, the rate of job creation softened from that seen in April. On the price front, both input and output costs rose at record rates. Finally, the overall degree of confidence improved in May.2021-06-03T14:00:26.477"
US Business Activity Growth at Record High: Markit,Services PMI,"US Business Activity Growth at Record High: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 70.4 in May 2021, up from a preliminary estimate of 70.1 and pointing to the steepest pace of expansion in the sector since data collection for the series began in October 2009. New order growth hit an all-time high, helped by the continued reopening of the economy following COVID-19 restrictions and by the quickest rise in new export orders for nine months. The pace of job creation softened as firms reported difficulties filling vacancies, but remained solid overall. On the price front, input cost inflation accelerated for the seventh month running and was the sharpest on record, amid ongoing supplier price hikes. In an effort to pass on greater costs, service providers raised their charges at an unprecedented pace. Looking ahead, business confidence was strong, with optimism stemming from looser COVID-19 restrictions and stronger client demand.2021-06-03T13:54:00"
US Labour Productivity Unrevised in Q1,Productivity,"US Labour Productivity Unrevised in Q1United States ProductivityNonfarm labor productivity in the US rose by an annualized 5.4 percent in the first quarter of 2021, unrevised from the preliminary estimate and recovering from a 3.8 percent fall in the previous period. Output increased 8.6 percent and hours worked 2.9 percent. Year-on-year, nonfarm business sector labor productivity increased 4.1 percent, reflecting a 1.1 percent rise in output and a 2.9 percent decline in hours worked.2021-06-03T12:33:00"
US Q1 Nonfarm Labour Costs Unexpectedly Rise,Labour Costs,"US Q1 Nonfarm Labour Costs Unexpectedly Rise United States Labour CostsUnit labor costs in the US nonfarm business sector unexpectedly rose an annualized 1.7 percent in the first quarter of 2021, compared to initial estimates of a 0.3 percent fall. It follows an upwardly revised 14 percent jump in the previous period. It reflects a 7.2 percent increase in hourly compensation (vs 5.1 percent in preliminary estimates) and a 5.4 percent gain in productivity (the same as previously reported). Unit labor costs increased 4.1 percent over the last four quarters, as hourly compensation rose 8.3 percent and productivity increased 4.1 percent. The results have also been distorted by the pandemic's disproportionate impact on lower-wage industries. 2021-06-03T12:32:00"
US Job Cuts Remain Close to 21-Year Low in May,Challenger Job Cuts,"US Job Cuts Remain Close to 21-Year Low in MayUnited States Challenger Job CutsUS-based companies announced 24,586 job cuts in May of 2021, slightly more than a 21-year low of 22,913 hit in April, with the most redundancies reported in health care/products (2,775) and education (2,617) including early childhood education. Still, job cuts were down 93.8% from May 2020, when employers announced 397,016 cuts. So far this year, employers have announced plans to cut 192,185 jobs, down 86% from the 1,414,828 through the same period last year. ""Many employers, especially those hit hard during the pandemic, such as Retailers and Hospitality and Leisure companies, are having a difficult time finding workers. Many are offering signing bonuses or higher wages to attract workers” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc.  2021-06-03T11:37:00"
US Futures Fall Ahead of Fresh Data,Stock Market,"US Futures Fall Ahead of Fresh DataUnited States Stock MarketUS futures drifted lower on Thursday after ending the previous session near record highs, as investors await fresh economic data later in the morning including initial claims and services PMIs and the highly anticipated jobs report due Friday. Inflation pressures and prospects of a strong growth as US businesses reopen remain in the spotlight and traders look for new data for clues on the Fed's next moves. The Fed announced on Wednesday plans to begin winding down the portfolio of the Secondary Market Corporate Credit Facility, a temporary emergency lending facility which supported credit for large employers through the COVID-19 pandemic. Philadelphia Fed President Patrick Harker also said Wednesday that the Fed should begin discussing the timing for tapering. On Wednesday, the Dow Jones rose 25 points, or 0.1%, to 34,600. The S&P 500 added 6 points, or 0.1%, to 4,208. The Nasdaq Composite went up 20 points, or 0.1%, to 13,756.2021-06-03T09:43:00"
US Weekly Jobless Claims to Fall Below 400K,Initial Jobless Claims,"US Weekly Jobless Claims to Fall Below 400KUnited States Initial Jobless ClaimsInitial jobless claims are likely to fall below the 400 thousand mark for the first time since the coronavirus pandemic first hit the labor market in March 2020, as a steady decline in the number of daily COVID cases prompt US states to re-open their economies and employers to hire more workers to respond to growing demand. At the same time, many states recently decided to withdraw from federal unemployment benefit programs, following reports that it has been more difficult to hire as the benefits pay more than most minimum wage jobs. Still, initial claims remain well above pre-pandemic levels of about 210 thousand. Meanwhile, continuing claims are seen dropping to 3.615 million in the May 22nd week from 3.642 million the week before.2021-06-03T06:43:00"
Dollar Edges Up but Remains at Multi-Month Lows,Currency,"Dollar Edges Up but Remains at Multi-Month LowsUnited States CurrencyThe dollar index edged up to 90 on Thursday, but remained near multi-month lows as investors weigh a solid economic recovery, fears of persistent runaway inflation and bets for a quicker normalisation of Federal Reserve monetary policy. Traders also await a batch of economic data including the jobs report for an update on the labor market recovery and for cues on the Fed's next steps. Meanwhile, the Federal Reserve announced Wednesday it will begin to unwind the corporate bond holdings it acquired last year through an emergency lending facility launched to calm credit markets at the height of the pandemic, noting that it plans to sell the bonds and ETF holdings in a gradual and orderly way that seeks to minimize “the potential for any adverse impact on market functioning”. 2021-06-03T00:30:00"
US Stock Futures Hold Steady Near Records,Stock Market,"US Stock Futures Hold Steady Near RecordsUnited States Stock MarketUS Futures were little changed in early APAC deals on Thursday, following slight gains in the previous session as investors await key economic data and continue to weigh economic optimism and concerns over persistent inflation. The US nonfarm payrolls report due on Friday is likely to show the US economy added almost 1 million jobs, reflecting the impact of Biden’s $1.9 trillion COVID-19 pandemic rescue package approved in March. Meanwhile, manufacturing PMIs for the US released early in the week pointed to strong factory growth but highlighted supply bottlenecks and labor shortages. Among stocks, AMC surged almost 95.59% in regular hours and 6.62% in extended trade to all time highs after the company took advantage of a sharp rise in stock price last week to sell shares to a hedge fund for $230.5 million. On Wednesday, the Dow Jones added 25 points, or 0.1%, to 34,600. The S&P 500 rose 6 points, or 0.1%, to 4,208. The Nasdaq Composite went up 20 points, or 0.1%, to 13,756.2021-06-03T00:11:00"
API: US Crude Stocks Fall More Than Expected,API Crude Oil Stock Change,"API: US Crude Stocks Fall More Than ExpectedUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 5.36 million barrels in the week ended May 28th, 2021, following a 0.439 million drop in the previous week, and compared with market expectations of a 2.114 million drop, data from the American Petroleum Institute showed.2021-06-02T20:38:17.3"
Wall Street in the Green as Investors Await Payrolls,Stock Market,"Wall Street in the Green as Investors Await PayrollsUnited States Stock MarketUS stocks hovered near record highs on Wednesday as investors await key economic data and continue to weigh economic optimism and concerns over persistent inflation. The payrolls report due on Friday is likely to show the US economy added almost 1 million jobs, reflecting the impact of Biden’s $1.9 trillion COVID-19 pandemic rescue package approved in March. Meanwhile, manufacturing PMIs for the US released early in the week pointed to strong factory growth but highlighted supply bottlenecks and labour shortage. On the corporate front, shares of AMC surged almost 100% after the company took advantage of a sharp rise in stock price last week to sell shares to a hedge fund for $230.5 million. The Dow Jones added 25 points, or 0.1%, to 34,600. The S&P 500 rose 6 points, or 0.1%, to 4,208. The Nasdaq Composite went up 20 points, or 0.1%, to 13,756. 2021-06-02T13:35:00"
US Treasury Yields Ease,Government Bond 10Y,"US Treasury Yields EaseUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury yield edged down to 1.60% after touching 1.639% early in the week. Investors continue to weigh optimism regarding the economic recovery and further fiscal stimulus while fears of runaway inflation and a possible early taper from the Fed persist. Recent manufacturing PMIs showed American factory growth beat expectations despite labour supply constraints and elevates price pressures. Last week, PCE inflation soared to levels not seen since the 1990s. A batch of other economic data due this week including the jobs report and services PMIs will provide a further update on the US labour market and private sector activity.2021-06-02T07:07:00"
US Stock Futures Little Changed,Stock Market,"US Stock Futures Little ChangedUnited States Stock MarketUS stock futures were little changed on Wednesday after a mixed session Tuesday as traders returned from a holiday. Investors weighed solid US economic data against concerns about runaway inflation. The ISM Manufacturing PMI rose to 61.2 in May, beating forecasts of 60.9; and the Markit Manufacturing PMI was revised higher to a new record. Meantime, US Treasury Secretary Yellen and China's Vice Premier Liu He on Tuesday held a virtual meeting, discussing ""plans to support a continued strong economic recovery and the importance of cooperating on areas that are in US interests, while at the same time frankly tackling issues of concern."" On Tuesday, the Dow Jones rose 46 points, or 0.1%, to 34,575. The S&P 500 fell 2 points, or 0.1%, to 4,202. The Nasdaq Composite Index dropped 12 points, or 0.1%, to 13,737.2021-06-02T05:52:00"
US Dollar Index Remains Under Pressure,Currency,"US Dollar Index Remains Under PressureUnited States CurrencyThe US Dollar Index fell 0.052 points or 0.05% to 89.872 in early trade Wednesday, nearing a 5-month low of 89.5 hit last week after manufacturing PMIs for the US came stronger-than-expected and pointed to elevated price pressures. Although the US economic outperformance narrative seems almost entirely priced in, investors continue to worry over runaway inflation and the possibility the Fed could taper soon. US 10-year bond yields were at 1.613% as Federal Reserve Governor Lael Brainard noted that the Fed is getting closer to the maximum employment and 2% inflation goals, but the depth of the remaining problem still requires the central bank to stick to its super-easy monetary policy until more progress is seen. Meanwhile, President Biden has proposed a $6 trillion budget plan for the FY2022 that would ramp up spending on infrastructure and education, address historic US inequality, climate change, and provide four more years of free public education.2021-06-02T00:27:44.04"
US Stock Futures Edge Higher,Stock Market,"US Stock Futures Edge HigherUnited States Stock MarketUS Futures traded lower in overnight deals following a mixed session yesterday as US markets returned from a public holiday, with investors weighing the latest US economic data against concerns about runaway inflation. The ISM Manufacturing PMI rose to 61.2 in May, beating forecasts of 60.9, and the Markit Manufacturing PMI was revised higher to a new record. US 10-year bond yields were at 1.613% as Federal Reserve Governor Lael Brainard noted that the Fed is getting closer to the maximum employment and 2% inflation goals, but the depth of the remaining problem still requires the central bank to stick to its super-easy monetary policy until more progress is seen. On Tuesday, the Dow Jones added 46 points, or 0.1%, to 34,575. The S&P 500 fell 2 points, or 0.1%, to 4,202. The Nasdaq Composite Index decreased 12 points, or 0.1%, to 13,737.2021-06-02T00:16:00"
Dollar Extends Losses,Currency,"Dollar Extends LossesUnited States CurrencyThe dollar index fell again to below 90 on Tuesday, close to matching a 5-month low of 89.5 hit last week after manufacturing PMIs for the US came stronger-than-expected and pointed to elevated price pressures. Although the US economic outperformance narrative seems almost entirely priced in, investors continue to worry over runaway inflation and the possibility the Fed could taper soon. Meanwhile, President Biden has proposed a $6 trillion budget plan for the FY2022 that would ramp up spending on infrastructure and education, address historic US inequality, climate change, and provide four more years of free public education.2021-06-01T14:51:00"
Texas Manufacturing Activity Growth Slows in May,Dallas Fed Manufacturing Index,"Texas Manufacturing Activity Growth Slows in MayUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas decreased 2.4 points from the previous month to 34.9 in May of 2021. The new orders index came in at 20.8, down from 38.5 in April but more than triple the series average of 6.3. Similarly, the growth rate of orders index came in at 19.5, down from 32.3 but still elevated. The production index, a key measure of state manufacturing conditions, fell 18 points to 15.7, a reading still well above average and indicative of healthy output growth. The capacity utilization index remained high, though it slipped from 34.6 to 23.2, and the shipments index fell from 32.6 to 18.3. Labor market measures indicate robust but slower growth in employment and steady growth in work hours. The employment index came in at 22.7, down from 31.3 but still highly elevated. 2021-06-01T14:40:00"
US2000 Hits 4-week High,Stock Market,US2000 Hits 4-week HighUnited States Stock MarketUS2000 increased to a 4-week high of 22882021-06-01T13:49:17.947
US Markit Manufacturing PMI Revised Higher,Manufacturing PMI,"US Markit Manufacturing PMI Revised HigherUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised higher to 62.1 in May of 2021 from a preliminary of 61.5 and above 60.5 in April. The reading pointed to another record growth in factory activity, supported by stronger expansions in output and new orders, with the pace of the latter reaching the fastest on record. Nonetheless, constraints on production capacity were exacerbated further during the month, as severe supply-chain disruptions led to a marked accumulation of backlogs of work and one of the fastest rises in input prices since data collection began in May 2007. Although firms were able to partially pass on higher cost burdens, supply shortages and the potential for future strain on capacity pushed output expectations down to their lowest for seven months. Finally, supply issues weighed on business confidence in May. The degree of optimism remained upbeat on average, but dipped to a seven-month low amid concerns regarding future supply flows.2021-06-01T13:49:00"
Treasury Yields Rise to Start the Week,Government Bond 10Y,"Treasury Yields Rise to Start the WeekUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury yield edged up to 1.63% on Tuesday, the highest on a closing basis in over a week, amid optimism regarding the economic recovery and further fiscal stimulus while fears about inflation and a possible taper of central bank monetary policy persist. The ISM Manufacturing PMI rose to 61.2 in May, beating forecasts of 60.9 and the Markit Manufacturing PMI was revised higher to a new record. A batch of other economic data due this week including the jobs report and services PMIs will provide a further update on the US labour market and private sector activity. 2021-06-01T07:56:00"
US Stock Futures Little Changed,Stock Market,"US Stock Futures Little ChangedUnited States Stock MarketUS stock futures were little changed on Tuesday following a subdued trading session Monday due to holidays in major markets, as traders assessed the reopening of more economies against lingering concerns about rising inflation. A slew of data releases in the US calendar last week, including a surge in the PCE price index and better-than-expected weekly jobless claims numbers, reinforcing a positive narrative of economic strength. Despite the higher-than-expected inflation data, US 10-year bond yields remained around 1.6% as the market await signals from the Fed on when it will start tapering its bond-buying programme. For the month of May, the Dow Jones and the S&P 500 rose 1.9% and 0.6%, respectively, posting their fourth consecutive month of gains. The tech-heavy Nasdaq, however, suffered a 1.5% loss.2021-06-01T06:26:00"
Dollar Index Trades Retraces 2-Week Highs,Currency,"Dollar Index Trades Retraces 2-Week HighsUnited States CurrencyThe dollar index edged down to near multi-month lows of 89.8 on Tuesday, following a second consecutive month of losses in May. Bearish sentiment remained among investors, as speculation about tapering lost momentum and the US economic outperformance narrative seems almost entirely priced in. US 10-year bond yields ticked higher to 1.61%. Meanwhile, US President Joe Biden has proposed a $6 trillion budget plan for the FY2022 that would ramp up spending on infrastructure and education, address historic US inequality, climate change, and provide four more years of free public education.2021-06-01T00:46:00"
US Stock Futures Lift,Stock Market,"US Stock Futures LiftUnited States Stock MarketUS Futures traded higher in early Asian deals following a subdued trading session yesterday due to holidays in major markets, as investors assessed the reopening of more economies against lingering concerns about rising inflation. A slew of data releases in the US calendar last week, including a surge in the PCE price index and better-than-expected weekly jobless claims numbers, reinforced a positive narrative of economic strength. Despite the hotter-than-expected inflation data, US 10-year bond yields remained around 1.6%. For the month of May, the blue-chip Dow and the S&P 500 gained 1.9% and 0.6%, respectively, posting their fourth consecutive month of gains. The tech-heavy Nasdaq, however, suffered a 1.5% loss.2021-06-01T00:08:00"
Dollar Set for Second Monthly Decline,Currency,"Dollar Set for Second Monthly Decline United States CurrencyThe dollar index bottomed around 89.80 on Monday, moving away from a two-week high of 90.40 touched in the prior session and recording a second consecutive month of losses. Bearish sentiment remained among investors, as speculation about tapering lost momentum and the US economic outperformance narrative seems almost entirely priced in. Investors have been digesting the Fed's view that a surge in inflation is transitory and that the central bank will continue to remain ultra-accommodative until the economy has further recovered. Meanwhile, US President Joe Biden has proposed a $6 trillion budget plan for the FY2022 that would ramp up spending on infrastructure and education, address historic US inequality, climate change, and provide four more years of free public education.2021-05-31T18:06:00"
US Stock Futures Little Changed,Stock Market,"US Stock Futures Little ChangedUnited States Stock MarketUS stock futures were little changed on Monday as traders assessed President Joe Biden's $6 trillion budget plan that would ramp up spending on infrastructure and social programs and take the nation to its highest sustained levels of federal spending since World War II. On the data front, US personal spending rose 0.5% mom in April, while price pressures intensified more than anticipated. Meantime, initial claims fell to a fresh pre-pandemic low in the latest week. Wall Street posted solid gains last week, amid optimism regarding the economic recovery supported by strong data and prospects of further fiscal stimulus. Considering the month May, the Dow Jones gained 1.9% and the S&P 500 0.6% while the Nasdaq sank 1.5%. US stock and bond markets will remain closed Monday for the Memorial Day holiday.
2021-05-31T05:55:00"
Dollar Index Trades Near 2-Week Highs,Currency,"Dollar Index Trades Near 2-Week HighsUnited States CurrencyThe dollar index was little changed at 90 on Monday, trading near fresh 2-week highs touched in the previous session as investors cheered positive domestic data. Personal spending rose 0.5% in April, matching forecasts, and income fell less than expected, while price pressures intensified more than anticipated. Meantime, US President Joe Biden’s proposed a $6 trillion budget plan for FY2022 plan that would ramp up spending on infrastructure and education, address historic US inequality, climate change, and provide four more years of free public education. US stock and bond markets will be closed Monday for the Memorial Day holiday. 2021-05-31T00:37:00"
US Stock Futures Edge Higher,Stock Market,"US Stock Futures Edge HigherUnited States Stock MarketUS Futures edged higher in early trade Monday, following solid gains in the previous week  on prospects of an accelerating economic recovery, fueled by massive government spending as President Joe Biden announced a $6 trillion budget plan that would ramp up spending on infrastructure and education. The plan will likely take the nation to its highest sustained levels of federal spending since World War II. Among last week’s data, personal spending rose 0.5% in April, matching forecasts, and income fell less than expected, while price pressures intensified more than anticipated. Last week, both the Dow and S&P 500 added 0.81%, while the Nasdaq Composite gained 1.42%. US Stock and bond markets will also remain closed Monday for a public holiday. 2021-05-31T00:21:00"
Gold Regains Traction,Currency,"Gold Regains Traction United States CurrencyGold has managed to regain ground and consolidate above the $1,900 level, making a dramatic reversal from an intraday low of $1,881, as Treasury yields retreated and the dollar eased off of its more than two-week highs. Adding to the bullish tone, core PCE prices in the US, which exclude volatile food and energy cost, surged 3.1% from a year earlier in April, the highest since the 1990s. This latest reading cemented expectations of a roaring comeback for the US economy and increased price pressures, boosting the metal’s appeal as an inflation hedge. As a result, the precious metal posted a fourth consecutive week of gains. 2021-05-28T17:29:00"
US Treasury Yields Retreat,Government Bond 10Y,"US Treasury Yields Retreat United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.596% on Friday, as a reading on inflation came in higher than expected, while earlier in the week, initial jobless claims fell more than anticipated. Core PCE prices increased 3.1% from a year earlier in April, the most since the 1990s, and new jobless claims fell to a fresh pre-pandemic low of 406K last week. Such readings reinforced the view of a strong US economic bounce but raised a new alarm about the US recovery overheating as a re-opening economy unleashed pent-up demand. However, investors seemed less worried about tapering as the Fed have consistently argued that any increase in prices will be transitory. US bond markets will be closed on Monday for the Memorial Day holiday. 2021-05-28T16:45:00"
US Consumer Sentiment Revised Slightly Higher,Consumer Confidence,"US Consumer Sentiment Revised Slightly HigherUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised slightly higher to 82.9 in May of 2021 from a preliminary 82.8, matching market forecasts. The reading still pointed to the lowest consumer confidence level in 3 months, amid falls in both current conditions (89.4 vs 97.2 in April) and expectations (78.8 vs 82.7). Meanwhile, inflation expectations remined elevated for the year ahead (4.6% vs 3.4%) and the next 5 years (3% vs 2.7%) . ""It is hardly surprising that the resurgent strength of the economy produced more immediate gains in demand than supply, causing consumers to expect a surge in inflation. Record proportions of consumers reported higher prices across a wide range of discretionary purchases, including homes, vehicles, and household durables - the average change in May vastly exceeds all prior monthly changes"".2021-05-28T14:11:27.86"
US Treasury Yields Rise,Government Bond 10Y,"US Treasury Yields RiseUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged up to 1.611% on Friday, moving away from recent lows, as traders worry strong economic growth will bring higher inflation and remain concerned about high public debt. The latest data showed Core PCE prices increased 3.1% yoy in April, the most since 1990s and new jobless claims fell to a fresh pre-pandemic low of 406K last week. Also, President Biden is set to unveil a $6 trillion federal budget for the 2022 fiscal year, pushing the public debt to 117% of the GDP in 2031. 2021-05-28T12:49:00"
US Goods Gap Narrows in April,Goods Trade Balance,"US Goods Gap Narrows in AprilUnited States Goods Trade BalanceThe goods deficit in the US shrank to $85.23 billion in April of 2021 from an upwardly revised record $91.98 billion in March. Exports rose 1.2 percent to $144.7 billion, as strong sales of capital goods (4.8 percent) and industrial supplies (1.7 percent) partly offset an 8 percent plunge in those of autos. Meanwhile, imports fell 2.2 percent to $230 billion, amid lower purchases of consumer goods (-4.2 percent) and autos (-3.5 percent).2021-05-28T12:39:00"
US PCE Price Index Rises 0.6% in April,PCE Price Index Monthly Change,"US PCE Price Index Rises 0.6% in AprilUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States rose 0.6 percent month-over-month in April of 2021, the same as in the previous month. Excluding food and energy, PCE prices climbed 0.7 percent. Year-on-year, the PCE price index advanced 3.6 percent, and the core index jumped 3.1 percent. points in March of 2021.2021-05-28T12:36:57.47"
US Wholesale Inventories Rise 0.8% in April,Wholesale Inventories,"US Wholesale Inventories Rise 0.8% in AprilUnited States Wholesale InventoriesWholesale inventories in the US increased 0.8 percent month-over-month to $698.3 billion in April of 2021, following a downwardly revised 1.1 percent growth in March, a preliminary estimate showed. Nondurable goods stocks rose 1 percent and durable goods inventories were up 0.7 percent. On a yearly basis, wholesale inventories advanced 5.2 percent in April.2021-05-28T12:34:00"
US Treasury Yields Rise,Government Bond 10Y,"US Treasury Yields Rise United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged up to 1.62% on Friday, moving away from recent lows, amid prospects of a strong economic growth and concerns of high public debt. The latest claims report showed the labor market is recovering, with new claims falling to a fresh pre-pandemic low of 406K last week. Also, news showed President Biden will seek $6 trillion in US federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031. The new plan would push public debt to 117% of the GDP in 2031. Meanwhile, fresh monthly PCE inflation and the White House fiscal year 2022 blueprint will be in the spotlight later in the day.2021-05-28T07:15:06.83"
US Dollar Index Lifts from 4-Month Lows,Currency,"US Dollar Index Lifts from 4-Month LowsUnited States CurrencyThe US Dollar Index edged up to 90.2 on Friday, lifting from 4-month lows touched earlier in the week and remaining on track for a 1.5% week gain as market participants were buoyed by stronger than expected labor data. Americans filing new claims for unemployment benefits dropped by 38K to 406K last week, the lowest level since the pandemic first hit the labor market in March 2020. The strong data also bid long term bond yields, with local 10-year rates lifting to 1.611%. Meantime, market participants will be keenly monitoring Friday's April PCE report. The Fed's preferred inflation measure is seen jumping to 2.9% in April, the highest since 1993, while any reading much above expectations could force the US central bank to rethink the timing to exit its extremely loose monetary policy.2021-05-28T00:24:00"
US Stock Futures on Track for Weekly Gains,Stock Market,"US Stock Futures on Track for Weekly GainsUnited States Stock MarketUS futures moved higher in early Asian trade on Friday, extending a mostly positive session yesterday as investors cheered strong local labor market data. Americans filing new claims for unemployment benefits dropped by 38K to 406K last week, the lowest level since the pandemic first hit the labor market in March 2020. The strong data also bid long term bond yields, with local 10-year rates lifting to 1.611%. Among stocks, Salesforce shares gained 4.24% in extended trading after the software company’s first-quarter earnings beat Wall Street expectations. Meantime, market participants will be keenly monitoring Friday's April PCE report. The Fed's preferred inflation measure is seen jumping to 2.9% in April, the highest since 1993. The Dow Jones Industrial Average rose 141.59 points, or 0.41%, to 34,464.64 lifting 0.75% weekly, the S&P 500 gained 4.89 points, or 0.12%, to 4,200.88, up 1.08% and the Nasdaq Composite dropped 1.72 points, or 0.01%, to 13,736.28 gaining 2% weekly.2021-05-28T00:12:00"
Autodesk earnings at 1.03 USD,Earnings,"Autodesk earnings at 1.03 USDUnited States EarningsAutodesk (ADSK) released earnings per share at 1.03 USD, compared to market expectations of 0.94 USD.2021-05-27T20:43:57.337"
VMware earnings at 1.76 USD,Earnings,"VMware earnings at 1.76 USDUnited States EarningsVMware (VMW) released earnings per share at 1.76 USD, compared to market expectations of 1.58 USD.2021-05-27T20:43:52.983"
Costco Wholesale earnings at 2.84 USD,Earnings,"Costco Wholesale earnings at 2.84 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 2.84 USD, compared to market expectations of 2.31 USD.2021-05-27T20:43:47.307"
Salesforce.com earnings at 1.21 USD,Earnings,"Salesforce.com earnings at 1.21 USDUnited States EarningsSalesforce.com (CRM) released earnings per share at 1.21 USD, compared to market expectations of 0.88 USD.2021-05-27T20:43:43.327"
US Treasury Yields Rise after Jobless Claims Report,Government Bond 10Y,"US Treasury Yields Rise after Jobless Claims ReportUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note rose to 1.61% on Thursday, moving away from one-month lows seen earlier in the week, after the latest jobless claims report showed the labor market is recovering at an extraordinary pace as the pandemic fades. The number of Americans filing new claims for unemployment benefits dropped to a new pre-pandemic low of 406 thousand last week, below market expectations. Other data showed the US economy grew 6.4% in Q1, in line with preliminary estimates. Investors continue to weigh inflation concerns and Fed's pledge to continue to support the economic recovery. Meanwhile, the NY Times reported that President Biden will seek $6 trillion in US federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031.2021-05-27T12:47:00"
US Corporate Profits Fall in Q1,Corporate Profits,"US Corporate Profits Fall in Q1United States Corporate ProfitsCorporate profits in the United States decreased 0.8 percent to USD 1.94 trillion in the first quarter of 2021, following a 3.3 percent drop in the previous period, a preliminary estimate showed. Net dividends declined 2.8 percent to USD 1.34 trillion. Meantime, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, rose 1.8 percent to USD 2.59 trillion and undistributed profits climbed 4 percent to USD 0.60 trillion. 2021-05-27T12:34:00"
Dollar General earnings at 2.82 USD,Earnings,"Dollar General earnings at 2.82 USDUnited States EarningsDollar General (DG) released earnings per share at 2.82 USD, compared to market expectations of 2.13 USD.2021-05-27T11:27:35.95"
Dollar Bounces from Recent Lows,Currency,"Dollar Bounces from Recent Lows United States CurrencyThe dollar index traded around 90 on Thursday, slightly higher than 89.5 touched early in the week as investors await fresh PCE inflation due Friday. The new reading will provide an update on price pressures that market players believe will persist although the Fed has been reiterating they are transitory. Stubbornly high inflation would force the Fed to tighten monetary policy sooner rather than later. While recent comments from Federal Reserve officials have supported its current ultra-accommodative stance, policymakers have also agreed to open discussions on tapering its emergency measures in upcoming meetings.2021-05-27T10:34:00"
US Weekly Jobless Claims Set to Fall to 425K,Initial Jobless Claims,"US Weekly Jobless Claims Set to Fall to 425KUnited States Initial Jobless ClaimsInitial jobless claims are likely to decrease to a new pandemic low of 425 thousand in the May 22nd week, adding to signs of a job market recovery, as the economy re-opens helped by the government's stimulus package and the rapid pace of COVID-19 vaccinations. Applications are seen falling further in the coming weeks as more than 20 states have recently announced plans to withdraw from federal unemployment benefit programs, with businesses saying they make it more difficult to hire as the unemployment benefits pay more than most minimum wage jobs. Meanwhile, continuing claims are seen declining to 3.68 million in the May 15th week from 3.75 million the week before.2021-05-27T09:10:17.603"
US 10-Year Treasury Yield Below Recent Peaks,Government Bond 10Y,"US 10-Year Treasury Yield Below Recent Peaks United States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was little changed at 1.57% on Thursday, remaining close to levels not seen in a month for the 3rd consecutive day, as investors weigh inflation concerns and Fed's pledge to continue to support the economic recovery. Several Fed officials, including Randal Quarles, Richard Clarida, Lael Brainard, Raphael Bostic and James Bullard, continued to reiterate that most price increases should be temporary and affirmed their support to keep monetary policy accommodative for some time. Still, Quarles joined Clarida in considering it will be important for the central bank to begin discussing tapering in coming months. Meanwhile, the 5-year auction on Wednesday showed strong results, following a strong 2-year note sale. A $62 billion in 7-year debt sale will be in the spotlight on Thursday2021-05-27T07:14:53.59"
US Stock Futures Drop Slightly,Stock Market,"US Stock Futures Drop SlightlyUnited States Stock MarketUS stock futures traded slightly lower on Thursday after slight gains in the prior session, as traders await the latest data on US weekly jobless claims and PCE inflation later in the day. Several Fed officials have commented in recent days on inflation, maintaining the central bank views it as transitory. However, they have also edged closer to starting the debate about tapering actions. On the bond market, US 10-year bond yields held above 3-week lows of 1.579% on Wednesday. Among stocks, Snowflake shares tumbled 5% in extended trading after the data-analytics software company reported widening losses, while Nvidia slipped 0.96% despite reporting sales growth of 84% in Q1 compared to last year. On Wednesday, the Dow closed almost flat at 34,323. The S&P 500 rose 7.86 points or 0.2% to 4,196 and the Nasdaq added 80.82 points or 0.6% to 13,738.2021-05-27T05:55:00"
Workday earnings at 0.87 USD,Earnings,"Workday earnings at 0.87 USDUnited States EarningsWorkday (WDAY) released earnings per share at 0.87 USD, compared to market expectations of 0.73 USD.2021-05-27T01:07:22.77"
Nvidia earnings at 3.66 USD,Earnings,"Nvidia earnings at 3.66 USDUnited States EarningsNvidia (NVDA) released earnings per share at 3.66 USD, compared to market expectations of 3.28 USD.2021-05-27T00:58:00.81"
US Dollar Index Under Pressure at 4-Month Lows,Currency,"US Dollar Index Under Pressure at 4-Month LowsUnited States CurrencyThe US Dollar Index fell 0.168 points or 0.19% 89.672 in early Asian trade Thursday, holding near 4-month lows as sentiment remains suppressed ahead of US weekly jobless claims and GDP data due later in the session, with personal consumption expenditure data released on Friday as investors gauge the country’s economic recovery and rising inflation pressures. Local 10-year bond yields held above 3-week lows of 1.579%. While recent comments from Federal Reserve officials have supported its current ultra-accommodative stance, policymakers have also agreed to open discussions on tapering its emergency tapering measures in upcoming meetings.2021-05-27T00:27:17.59"
US Stock Futures Trade Mixed,Stock Market,"US Stock Futures Trade MixedUnited States Stock MarketUS Futures were mixed in early APAC deals on Thursday, following slight gains in the previous session as investors looked to await the latest data on US weekly jobless claims due later in the session and personal consumption expenditure data released on Friday. While the Fed sees higher inflation as temporary and due to supply and demand imbalances, Fed vice chair for supervision Randal Quarles noted that he was prepared to open talks on reducing the central bank’s emergency support measures at upcoming meetings. Local 10-year bond yields held above 3-week lows of 1.579%. Among stocks, Snowflake shares tumbled 5% in extended trading after the data-analytics software company reported widening losses, while Nvidia slipped 0.96% despite reporting sales growth of 84% in Q1 compared to last year. On Wednesday, the Dow added 10.59 points or 0.03% to 34323.06, the S&P 500 added 7.86 points or 0.19% to 4195.98 and the Nasdaq added 80.82 points or 0.59% to 13738.2021-05-27T00:17:00"
Wall Street Pares Gains,Stock Market,"Wall Street Pares Gains United States Stock MarketUS stocks lost some momentum and finished Wednesday's session tepidly higher, as investors looked quite reluctant to open new positions ahead of Friday’s highly anticipated April personal consumption expenditure data for a read on inflation. While the Fed sees higher inflation as temporary and due to supply and demand imbalances, there were some changes in the tone of the US central bank statements. Richard Clarida, the Fed's vice-chair,  has recently noted that the central bank should be ready to begin discussing tapering in upcoming meetings, in line with FOMC minutes released earlier this month. Meanwhile, Ford shares were up more than 8% after the automaker announced it is boosting spending on electric vehicles to $30 billion. Nvidia, Workday, Williams-Sonoma and American Eagle Outfitters are due to report earnings after the close.2021-05-26T19:35:00"
Wall Street Rebounds,Stock Market,"Wall Street Rebounds United States Stock MarketUS stocks were cautiously higher on Wednesday as investors continue to assess prospects for robust growth and get more confident the Fed would keep monetary policy accommodative in spite of rising inflation. Meanwhile, fresh jobless claims and PCE inflation due later in the week will provide an update on the labour market and price pressures. Cyclical stocks were among the best performers. On the corporate front, Ford shares were up more than 3% after the automaker announced it is boosting spending on electric vehicles to $30 billion. Amazon agreed to buy Metro-Goldwyn-Mayer for $8.45 billion. Also, Nvidia, Workday, Williams-Sonoma and American Eagle Outfitters are due to report earnings after the close.2021-05-26T13:35:00"
US Futures Point to Gains at the Open,Stock Market,"US Futures Point to Gains at the OpenUnited States Stock MarketUS futures were slightly higher on Wednesday, cautiously rebounding from the prior session's losses, as investors continue to assess prospects for robust growth and get more confident the Fed would keep monetary policy accommodative in spite of rising inflation. Meanwhile, fresh jobless claims and PCE inflation due later in the week will provide an update on the labour market and price pressures. Ford shares were up 2% in pre-market trading after the automaker announced it is boosting spending on electric vehicles to $30 billion. Also, Nvidia, Workday, Williams-Sonoma and American Eagle Outfitters are due to report earnings after the close. On Tuesday, the Dow Jones fell 0.2% to 34,312 and the S&P 500 dropped 0.2% to 4,188 while the Nasdaq ended the session virtually flat at 13,657.2021-05-26T12:56:00"
Mortgage Applications Drop as Interest Rates Rise: MBA,Mortgage Applications,"Mortgage Applications Drop as Interest Rates Rise: MBAUnited States Mortgage ApplicationsMortgage applications in the US fell 4.2 percent in the week ending May 21st, the biggest fall in seven weeks as interest rates edged higher, data from the Mortgage Bankers Association showed. Applications to refinance a home loan sank 7.2 percent while purchases increased 1.7 percent. The average fixed 30-year mortgage rate went up by 3 bps to 3.18 percent, the highest in three weeks. ""Demand is robust throughout the country, but homebuyers continue to be held back by the lack of homes for sale and rapidly increasing home prices”, said Joel Kan, an MBA economist.2021-05-26T11:07:00"
10-Year Treasury Yield at 1-Month Low,Government Bond 10Y,"10-Year Treasury Yield at 1-Month LowUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was little changed at 1.56% on Wednesday, close to levels not seen in a month, amid easing inflation fears. Several officials, including Richard Clarida, Lael Brainard, Raphael Bostic and James Bullard, continued to reiterate that most price increases should be temporary and affirmed their support to keep monetary policy accommodative for some time. Still, Clarida added that the Fed may be ready to begin discussing tapering in upcoming meetings, in line with FOMC minutes released early in the month, in another sign that policymakers are closer to debating it. Meanwhile, the $60 billion 2-year note auction attracted strong demand on Tuesday, helping to push bond prices up.2021-05-26T08:26:00"
"Bitcoin Bounces Back Above $40,000",Currency,"Bitcoin Bounces Back Above $40,000United States CurrencyBitcoin traded above $40,000 on Wednesday, consolidating a rebound from an over 2-month low below $35,000 touched last weekend after China and the US tightened regulations related to cryptocurrencies. Bitcoin’s rollercoaster ride started after Tesla has suspended vehicle purchases using the cryptocurrency on May 12th, mentioning the rapidly increasing use of fossil fuels for Bitcoin mining and transactions. Bitcoin is about 35% down from its mid-April record of almost $64,895.22.2021-05-26T06:58:00"
US Dollar Index Trades at 4-Month Lows,Currency,"US Dollar Index Trades at 4-Month LowsUnited States CurrencyThe US Dollar Index held at 4-month lows of 89.667 in early Asian trade Wednesday, pressured by a global risk appetite and diminished expectations of an early tapering by the US central bank. The Fed saw the recent jump in inflation as temporary, saying that it will continue to remain ultra-accommodative until the economy has further recovered. Local 10-year bond yields fell to near 3-week lows of 1.566%. Among data, new US single-family homes dropped in April as prices surged amid a tight supply of houses, while a separate report showed US consumer confidence was virtually unchanged in May. Market participants are now keenly anticipating PCE inflation, personal consumption, GDP, jobless claims and durable goods data to be released later this week, which will provide an update on the economic recovery and price pressures.2021-05-26T00:21:00"
Intuit earnings at 6.07 USD,Earnings,"Intuit earnings at 6.07 USDUnited States EarningsIntuit (INTU) released earnings per share at 6.07 USD, compared to market expectations of 6.52 USD.2021-05-25T20:07:33.91"
Dollar Hits Multi-Month Lows,Currency,"Dollar Hits Multi-Month Lows United States CurrencyThe dollar index touched an over four-month low of 89.54 on Tuesday before paring some losses and bottoming around the 89.70 neighbourhood, pressured by a global risk appetite and diminished expectations of an early tapering by the US central bank. The Fed saw the jump in inflation as temporary, saying that it will continue to remain ultra-accommodative until the economy has further recovered. Market participants are now keenly anticipating PCE inflation, personal consumption, GDP, jobless claims and durable goods data to be released later this week, which will provide an update on the economic recovery and price pressures.2021-05-25T16:02:00"
US Fifth District Factory Index at 5-Month High,Richmond Fed Manufacturing Index,"US Fifth District Factory Index at 5-Month HighUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia inched up to 18 in May of 2021 from 17 in each of the previous two months. It was the highest reading since December 2020, reflecting growth in all three component indexes: shipments (12 vs 16), new orders (18 vs 16), and employment (25 vs 19). Survey results indicated that many firms increased employment and wages in May. However, they struggled to find workers with the necessary skills, as this index dropped to its lowest value on record. Survey respondents expected workers to remain difficult to find and employment and wages to increase further in the next six months.2021-05-25T14:06:00"
US House Prices Rise the Most in 5 Months: FHFA,FHFA House Price Index MoM,"US House Prices Rise the Most in 5 Months: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 1.4 percent from a month earlier in March 2021, the most since last October and following an upwardly revised 1.1 percent growth in February. For the nine census divisions, seasonally adjusted monthly house price changes ranged from +0.8 percent in the West North Central division to +2.2 percent in the Mountain division. Year-on-year, house prices increased 13.9 percent in March, the largest gain on record. Considering the first quarter as a whole, US house prices were up by 3.5 percent compared to the fourth quarter of 2020 and by 12.6 percent from the first quarter of 2020. “House price growth over the prior year clocked in at more than twice the rate of growth observed in the first quarter of 2020, just before the effects of the pandemic were felt in housing markets,"" said Dr. Lynn Fisher, Deputy Director of FHFA's Division of Research and Statistics. 2021-05-25T13:10:00"
US Treasury Yields Continue to Fall,Government Bond 10Y,"US Treasury Yields Continue to FallUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note fell for the fourth consecutive session to 1.57% on Tuesday, the lowest on a closing basis in near three weeks, as comments from Fed officials helped to ease inflation fears. Several officials, including Lael Brainard, Raphael Bostic and James Bullard, continued to reiterate that most price increases should be temporary and affirmed their support to keep monetary policy accommodative for some time. 2021-05-25T08:25:00"
Bitcoin Above 38K,Currency,"Bitcoin Above 38KUnited States CurrencyBitcoin traded above $38K on Tuesday as the regulatory rollercoaster from the weekend apparently eased, while Tesla's CEO Elon Musk and MicroStrategy's CEO Michael Saylor signalled support for an apparent effort by Bitcoin miners to make their operations more environmentally friendly. On Sunday, Bitcoin briefly fell about 15% as both China and the US tightened regulations related to cryptocurrencies although the digital asset managed to recover on Monday. Still, Elon Musk seems to have been the main Bitcoin influencer in recent months. Bitcoin is down 48% from the year’s high of $64,895.22 hit on April 14th after Tesla has suspended vehicle purchases using the cryptocurrency on May 12th, mentioning the rapidly increasing use of fossil fuels for Bitcoin mining and transactions. 2021-05-25T06:56:00"
US Equities Set to Open in the Green,Stock Market,"US Equities Set to Open in the GreenUnited States Stock MarketUS stock futures traded slightly higher on Tuesday, following gains in the prior session, as inflation fears eased and traders regained an appetite for risk. On the corporate front, Amazon.com Inc could finalize the deal to acquire Hollywood studio Metro-Goldwyn-Mayer (MGM) Holdings for over $9 billion as early as this week, reported the Wall Street Journal on Monday. In cryptocurrency news, Tesla CEO Elon Musk said he had a meeting with Bitcoin miners on switching to renewable energy, after which digital currencies soared. Traders now look toward the release of US consumer prices and the 2nd estimate Q1 GDP later in the week. On Monday, the Dow Jones Industrial Average rose 0.54%, to 34,394, the S&P 500 gained 0.99%, to 4,197 and the Nasdaq Composite 1.41%, to 13,661.2021-05-25T05:52:00"
US Dollar Index Trades Near 3-Month Lows,Currency,"US Dollar Index Trades Near 3-Month LowsUnited States CurrencyThe US Dollar Index was steady at 89.849 in early trade Tuesday, holding near 3-month lows, with global market risk appetite improving as US 10-year bond yields eased to near 2-week lows of 1.605%, while investors await key US inflation readings for further guidance on monetary policy. Recent data pointing to a recovery in the labor market, leading indicators signaling rapid growth in both the services and factory sectors and growing inflationary pressures sparked concerns that the Fed may have to tweak policy soon to prevent the economy from overheating. Still, minutes of the US Federal Reserve’s last meeting showed that those officials who favor earlier tapering are a minority. This week, aside from the inflation narrative, market participants are keenly anticipating the US gross domestic product, jobless claims and durable goods due on Thursday.2021-05-25T00:07:00"
US Futures Flat after Strong Session,Stock Market,"US Futures Flat after Strong SessionUnited States Stock MarketUS Futures traded flat in early APAC deals on Tuesday, following gains in the previous session as sentiment was bolstered following a further easing of long term bond yields, while local Covid-19 cases dropped to their lowest level since June. US 10-year bond yields were near 2-week lows of 1.605%. Meantime, the cryptocurrency markets stabilized after Tesla CEO Elon Musk tweeted that he was having active discussions with North American Bitcoin miners regarding the sustainability of digital coins. Still, fears of runaway inflation persist, as Kansas City Federal Reserve President Esther George noted that the Fed needed to be on guard in case the dynamics that have kept inflation low in recent years change as the economy reopens. Market participants will also be focused on US personal consumption data on Thursday. On Monday, the Dow Jones Industrial Average rose 0.54%, to 34,393.98, the S&P 500 gained 0.99%, to 4,197.05 and the Nasdaq Composite or 1.41%, to 13,661.17.2021-05-25T00:06:00"
The US30 Index rose 0.60%,Stock Market,"The US30 Index rose 0.60%United States Stock MarketUnited States Stock Market rose 206 points. Leading the gains are Microsoft (2.27%), Cisco Systems (2.15%) and Intel (1.94%). Top losers were Amgen (-0.98%), UnitedHealth (-0.32%) and General Electric (-0.26%).2021-05-24T20:30:07.697"
Wall Street Rally Gains Momentum,Stock Market,"Wall Street Rally Gains Momentum United States Stock MarketWall Street started the week on a solid note, with the Dow Jones rising over 200 points and both the S&P 500 and the Nasdaq climbing more than 1%, as investors focused on prospects of a robust economic recovery. A slew of better-than-expected US data and ultra-easy monetary policy spurred confidence about a strong rebound in the world's largest economy. On top of that, several Fed policymakers affirmed their support to keep monetary policy extremely easy for the foreseeable future, dampening some expectations that the Fed would taper sooner than expected. Still, fears of runaway inflation persist, and fresh PCE inflation due Friday will be in the spotlight. Gains were most pronounced in the technology sector, while optimism about the reopening of the economy sparked further demand for value-linked stocks.2021-05-24T17:54:00"
US Stocks Rally,Stock Market,"US Stocks RallyUnited States Stock MarketWall Street started the week on a strong note, with the Dow Jones rising more than 200 points and both the S&P 500 and the Nasdaq adding around 1%, as investors appear to acknowledge the Fed will not tight monetary policy anytime soon and focus on the economic recovery. Still, fears of runaway inflation persist and fresh PCE inflation due Friday will be in the spotlight. On the corporate front, the earnings season is coming to an end although several retail companies including Gap, Nordstrom and Urban Outfitters are due to report during the week.2021-05-24T13:34:00"
US Treasury Yields Fall Slightly,Government Bond 10Y,"US Treasury Yields Fall SlightlyUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.61% on Monday, as investors continue to digest worries over rising inflation, lower expectations the Fed would taper soon and a Bitcoin roller-coaster. Traders will also keep an eye on fresh PCE inflation due Friday. Meanwhile, the Treasury will auction $57 billion of 13-week bills and $54 billion of 26-week bills on Monday.2021-05-24T08:36:49.853"
US Stocks Set to Open Higher to Start the Week,Stock Market,"US Stocks Set to Open Higher to Start the WeekUnited States Stock MarketUS stock futures rose markedly on  Monday after modest losses in the previous week, as traders welcomed  Friday's upbeat PMI data, with both services activity and the manufacturing sector expanding at record rates.  Reports that the daily rise in COVID-19 infections in the US was at its lowest point in almost a year also lifted sentiment. On the corporate side, Johnson & Johnson announced  Monday that it filed for approval of its COVID-19 vaccine in Japan, adding that it could start delivering the one-dose shots to the country in early 2022. Investors now anticipate consumer confidence and new home sales data set to be released on Tuesday. They also look toward the release of US consumer prices later in the week, along with the 2nd estimate Q1 US GDP and President Biden's FY2022 budget. Last week, the Dow fell 0.5% while the S&P 500 dropped 0.4%. The Nasdaq eked out a 0.3% gain, breaking a four-week losing streak.2021-05-24T05:58:00"
US Dollar Index Holds Near 3-Month Lows,Currency,"US Dollar Index Holds Near 3-Month LowsUnited States CurrencyThe US Dollar Index traded at 90 on Monday, holding near 3-month lows, following losses of 0.3% in the previous week as risk sentiment improved after last week’s local PMI figures pointed to a spectacular acceleration of growth in May. FOMC minutes last Wednesday showed some policymakers are already comfortable discussing a tapering plan if the US economy continues to pick up strongly and inflationary pressures persist. Still, Fed officials generally agree that the economic recovery is far from complete. Local 10-year rates were at 1.622%. Traders also monitored fresh declines in the cryptocurrency markets as Chinese regulators called for stricter laws around mining and trading last week. Traders will also be looking toward consumer confidence and new home sales data set to be released on Tuesday. 2021-05-24T00:45:00"
US Futures Edge Higher,Stock Market,"US Futures Edge HigherUnited States Stock MarketUS Futures lifted in early Asian trade Monday, following modest losses in the previous week as traders proved optimistic following last week’s local upbeat PMI figures. Traders also monitored fresh declines in the cryptocurrency markets as Chinese regulators called for stricter laws around mining and trading last week. In the United States, minutes of the Federal Reserve's last policy meeting showed that some policymakers are already comfortable discussing a tapering plan. US 10-year rates were at 1.622%. Traders will also be looking toward consumer confidence and new home sales data set to be released on Tuesday. Last week, the Dow fell 0.5% while the S&P 500 dropped 0.4%. The Nasdaq eked out a 0.3% gain, breaking a four-week losing streak.2021-05-24T00:32:00"
Dollar Gains Traction after Strong PMIs,Currency,"Dollar Gains Traction after Strong PMIsUnited States CurrencyThe dollar index recovered some ground to trade around the 90 level on Friday after hovering at yearly lows early in the session. Treasury yields edged higher after fresh Markit PMIs pointed to record growth in both services and manufacturing sectors in May but also to rising inflationary pressures. On the week, however, the greenback fell 0.3% as the Fed minutes-fuelled bounce fades. FOMC minutes on Wednesday showed some policymakers are already comfortable discussing a tapering plan if the US economy continues to pick up strongly and inflationary pressures persist. Still, Fed officials generally agree that the economic recovery is far from complete. 2021-05-21T14:39:00"
US Composite PMI Jumps to Record High,Composite PMI,"US Composite PMI Jumps to Record HighUnited States Composite PMIThe IHS Markit US Composite PMI climbed to an all-time high of 68.1 in May 2021, pointing to an unprecedented rate of expansion in the private sector economy as both manufacturing and services expanded at record rates, a preliminary estimate showed. The rise in new orders quickened for the fifth month running, with export business increasing at the fastest pace since the series covering both sectors began in September 2014, while employment growth softened from April's survey high. On the cost front, input prices and output charges rose at record rates. Finally, business confidence across the private sector improved in May, with the degree of optimism stronger than the series average. 2021-05-21T13:53:00"
US Service Sector Expands at Record Pace,Services PMI,"US Service Sector Expands at Record PaceUnited States Services PMIThe IHS Markit US Services PMI jumped to 70.1 in May 2021, from 64.7 in the previous month and well above market expectations of 64.5, a preliminary estimate showed. The latest reading pointed to the sharpest rate of expansion since data collection for the series began in October 2009, amid greater customer confidence and the reopening of non-essential businesses. New order growth accelerated to the fastest on record, with new export business rising the most since August 2020, while the pace of job creation remained solid. On the price front, both input prices and output charges increased at record rates. Meanwhile, business confidence picked up in May, buoyed by hopes of further success in the vaccine rollout, and a return to normal client interactions by the end of 2021.2021-05-21T13:51:00"
Deere & Company earnings at 5.68 USD,Earnings,"Deere & Company earnings at 5.68 USDUnited States EarningsDeere & Company (DE) released earnings per share at 5.68 USD, compared to market expectations of 4.44 USD.2021-05-21T12:53:57.663"
US 10-Year Treasury Yield Below Recent Highs,Government Bond 10Y,"US 10-Year Treasury Yield Below Recent HighsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was little changed at 1.63% on Friday, below 5-week highs of 1.69% early in the week as investors weigh the economic recovery, inflation and virus concerns and the possibility the Fed would start reducing stimulus sooner rather than later. Meanwhile, the auction of $13 billion in 10-year inflation-protected securities showed weaker-than-expected demand on Thursday, a sign investors are getting confident about the Fed's view that a rise in inflation would likely be transitory.2021-05-21T08:01:07.227"
US Stocks Set to Open Modestly Higher,Stock Market,"US Stocks Set to Open Modestly HigherUnited States Stock MarketUS stock futures traded modestly higher on Friday after halting a three-day losing streak in the prior session, as risk appetite returned following better-than-expected jobless claims figures. The number of Americans filing new claims for unemployment benefits dropped by 34 thousand to 444 thousand in the week ending May 15th, a fresh 14-month low and below market expectations of 450 thousand. Meantime, the US Treasury Department on Thursday offered to accept a global minimum corporate tax of at least 15% during international negotiations. On Thursday, the Dow rose 188.11 points, or 0.55%, to 34084.15, the S&P 500 gained 43.44 points, or 1.06%, to 4159.12 and the Nasdaq Composite added 236 points, or 1.77%, to 13535.74.2021-05-21T06:18:00"
US Dollar Index Eases Further,Currency,"US Dollar Index Eases FurtherUnited States CurrencyThe US Dollar Index was trading near yearly lows of 89.8 on Friday, as better-than-expected weekly jobless claims numbers drove investors into riskier assets. The upbeat outlook for the job market came in the wake of somewhat hawkish FOMC minutes, which showed that some policymakers are already comfortable discussing a tapering plan if the US economy continues to pick up strongly and inflationary pressures persist. The greenback also seemed to be pressured by lower Treasury yields, with the benchmark 10-year rate retreating to an over one-week low of 1.62%. On the week, the dollar is set to fall 0.5%.2021-05-21T00:30:00"
US Stock Futures Lift,Stock Market,"US Stock Futures LiftUnited States Stock MarketUS Futures traded higher early in the APAC session Friday after halting a 3-day losing streak in the previous session as risk appetite returned following better-than-expected jobless claims figures. The number of Americans filing new claims for unemployment benefits dropped by 34 thousand to 444 thousand in the week ending May 15th, a fresh 14-month low and below market expectations of 450 thousand. Meantime, the US Treasury Department on Thursday offered to accept a global minimum corporate tax of at least 15% during international negotiations. On Thursday, the Dow rose 188.11 points, or 0.55%, to 34084.15, the S&P 500 gained 43.44 points, or 1.06%, to 4159.12 and the Nasdaq Composite added 236 points, or 1.77%, to 13535.74.2021-05-21T00:19:00"
Applied Materials earnings at 1.63 USD,Earnings,"Applied Materials earnings at 1.63 USDUnited States EarningsApplied Materials (AMAT) released earnings per share at 1.63 USD, compared to market expectations of 1.51 USD.2021-05-20T20:17:57.297"
Dollar Fails to Keep Momentum,Currency,"Dollar Fails to Keep Momentum United States CurrencyThe dollar index bottomed around 89.80 on Thursday, hovering near yearly lows, as better-than-expected weekly jobless claims numbers drove investors into riskier assets. The most pronounced selling activity was against commodity-linked currencies such as the Australian and New Zealand dollars. The upbeat outlook for the job market came in the wake of somewhat hawkish FOMC minutes, which showed that some policymakers are already comfortable discussing a tapering plan if the US economy continues to pick up strongly and inflationary pressures persist. The greenback also seemed to be pressured by lower Treasury yields, with the benchmark 10-year rate retreating to an over one-week low of 1.62%2021-05-20T16:29:00"
Dollar Eases as Fed Minutes-Fuelled Bounce Fades,Currency,"Dollar Eases as Fed Minutes-Fuelled Bounce FadesUnited States CurrencyThe dollar index edged down to below 90 on Thursday, but remained slightly above 3-month lows of 89.7 hit in the previous session as investors appear to shrug off worries the Fed will tight monetary policy soon. Latest FOMC minutes showed some policymakers consider appropriate to begin discussing a tapering plan at some point in upcoming meetings if the world's largest economy continues to pick up strongly and inflationary pressures persist. Still, officials generally reinforced the economic recovery is far from complete and expect inflationary pressures to be transitory. 2021-05-20T13:38:00"
US Weekly Jobless Claims Set to Decline Again,Initial Jobless Claims,"US Weekly Jobless Claims Set to Decline AgainUnited States Initial Jobless ClaimsInitial jobless claims are likely to decrease to a fresh 14-month low of 450 thousand in the May 15th week, as the re-opening of the economy, coupled with growing consumer demand, prompted employers to hire more workers. The pace of the labor market's recovery gained further momentum in the spring, due to the ongoing government support and one of the world's most successful vaccination campaigns. Meanwhile, continuing claims are seen declining to 3.64 million in the May 8th week from 3.655 million the week before, but remaining well above February 2020 levels.2021-05-20T10:25:03.66"
10-Year Treasury Yield Remains Elevated,Government Bond 10Y,"10-Year Treasury Yield Remains ElevatedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.62% on Thursday after hovering at 5-week highs of 1.69% the day before as some Fed officials pointed to the possibility of starting taper talks in upcoming meetings if the economy continues to gain strength. Such comments from the FOMC minutes added to general concerns that soaring prices would force the Fed to tight monetary policy soon. Meanwhile, the Treasury auctioned off $27 billion of the 20-year bond at a high yield of 2.286% on Wednesday, due to weak demand.2021-05-20T07:53:00"
US Dollar Index Trades Flat,Currency,"US Dollar Index Trades FlatUnited States CurrencyThe US Dollar Index traded flat at 90.163 in early trade Thursday, consolidating a rebound from 4-month lows in the previous session after several Fed officials struck a somewhat more hawkish tone in its monetary policy update. Policymakers said it might be appropriate at some point in upcoming meetings to begin discussing a tapering plan if the world's largest economy continues to pick up strongly and inflationary pressures persist. US 10-year rates were at 1.671%. Earlier in the week, US Federal Reserve Vice Chair Richard Clarida noted that the weak US jobs report showed the economy had not yet reached the threshold to warrant scaling back asset purchases. The greenback also benefited from safe-haven bids stemming from a rout in equities and a sell-off in cryptos.2021-05-20T00:22:00"
US Stock Futures Remain Under Pressure,Stock Market,"US Stock Futures Remain Under PressureUnited States Stock MarketUS Futures traded lower in early Asian trade on Thursday, extending losses for a 4th consecutive session, as the sell-off broadened beyond growth names amid lingering concerns about higher inflation as Federal Reserve officials at their April meeting said a strong pickup in economic activity would warrant discussions about tightening monetary policy. Meantime, a selloff in cryptocurrency markets also hit risk sentiment and sent crypto-related stocks plunging. Among stocks, Cisco dropped 5.57% in extended trading after the company issued weaker-than-expected guidance for the next quarter, while Synopsys popped 2.22% after the company reported quarterly results that blew past estimates. On Wednesday, the Dow Jones lost about 300 points; The S&P 500 slid 0.6%. Meanwhile, the tech-heavy Nasdaq fell 0.3% after shedding nearly 2% at its session low.2021-05-20T00:08:00"
Cisco Systems earnings at 0.83 USD,Earnings,"Cisco Systems earnings at 0.83 USDUnited States EarningsCisco Systems (CSCO) released earnings per share at 0.83 USD, compared to market expectations of 0.82 USD.2021-05-19T20:09:20.857"
US Treasury Yields Rise after FOMC Minutes,Government Bond 10Y,"US Treasury Yields Rise after FOMC MinutesUnited States Government Bond 10YUS Treasury yields rose on Wednesday, with the benchmark 10-year reaching 1.68%, after some Fed officials pointed to the possibility of starting taper talks in upcoming meetings if the economy continues to gain strength. Such comments from the FOMC minutes added to general concerns that soaring prices would force the Fed to tight monetary policy soon. Last week, the 10-year yield soared to 5-week highs of 1.7% after the US inflation rate jumped to a 13-year high. 2021-05-19T18:41:00"
US Crude Oil Stocks Rise Most in 2 Months,Crude Oil Stocks Change,"US Crude Oil Stocks Rise Most in 2 MonthsUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 1.321 million barrels in the May 14th week, the largest increase in two months but below market forecasts of a 1.623 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories dropped by 1.963 million barrels, the most since the March 5th week and compared with consensus of a 0.886 million decline.2021-05-19T14:39:14.917"
Bitcoin Plunges 20%,Currency,"Bitcoin Plunges 20% United States CurrencyThe selloff in cryptocurrencies intensified on Wednesday with Bitcoin falling more than 20% to below $31K for the first time since January 28th after Chinese authorities banned financial institutions and payment companies from providing cryptocurrency-related services. The cryptocurrencies were already under pressure after Tesla has suspended vehicle purchases using Bitcoin on May 12th, mentioning the rapidly increasing use of fossil fuels for Bitcoin mining and transactions. The bitcoin is down almost 50% from its record high of $64,895 hit in mid-April, and it erased all the gains it clocked up after Elon's Musk
announcement on February 8th that Tesla would accept it as a form of payment and would use corporate cash to buy the digital asset.
2021-05-19T13:45:00"
Wall Street Retreats for 3rd Session,Stock Market,"Wall Street Retreats for 3rd SessionUnited States Stock MarketUS stocks sank on Wednesday, extending losses for a 3rd consecutive session, as a drop in cryptocurrencies including bitcoin prompted a fall in cryptocurrency-linked stocks. Concerns over rising inflation and coronavirus infections in some Asian countries also weighed on investors' mood. Meanwhile, traders await the FOMC minutes release later in the day for an update on Fed's view over rising inflationary pressures. Policymakers are also expected to confirm that a rate hike is still in the distance. The Dow Jones fell more than 500 points, and both the S&P 500 and the Nasdaq lost around 1%.2021-05-19T13:33:00"
TJX Companies earnings at 0.44 USD,Earnings,"TJX Companies earnings at 0.44 USDUnited States EarningsTJX Companies (TJX) released earnings per share at 0.44 USD, compared to market expectations of 0.31 USD.2021-05-19T12:18:42.22"
Analog Devices earnings at 1.54 USD,Earnings,"Analog Devices earnings at 1.54 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 1.54 USD, compared to market expectations of 1.45 USD.2021-05-19T12:08:10.723"
Lowe's Companies earnings at 3.21 USD,Earnings,"Lowe's Companies earnings at 3.21 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 3.21 USD, compared to market expectations of 2.58 USD.2021-05-19T12:08:01.367"
Target earnings at 3.69 USD,Earnings,"Target earnings at 3.69 USDUnited States EarningsTarget (TGT) released earnings per share at 3.69 USD, compared to market expectations of 2.26 USD.2021-05-19T12:07:52.77"
Dollar Gains Traction Ahead of FOMC Minutes,Currency,"Dollar Gains Traction Ahead of FOMC MinutesUnited States CurrencyThe dollar index strengthened to 90 on Wednesday amid rising Treasury yields as investors await the FOMC minutes release later in the day. Traders will be looking for any clues on the Fed's view over rising inflationary pressures and policymakers are expected to confirm that a rate hike is still in the distance. Still, the greenback remains close to 10-week lows amid bets that borrowing costs will remain at record lows for some time. 2021-05-19T11:47:00"
10-Year Yield Edges Higher Ahead of FOMC Minutes,Government Bond 10Y,"10-Year Yield Edges Higher Ahead of FOMC MinutesUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged up to 1.64% on Wednesday, as investors remain concerned over inflation and interest rates and await the FOMC minutes release for any clues on the Fed’s view on rising inflation and next steps. Still, the yield remained below a five-week high of 1.7% reached last week, amid expectations the Fed will not tight monetary policy soon. 2021-05-19T07:55:00"
Bitcoin Falls Below $40K for 1s Time since February,Currency,"Bitcoin Falls Below $40K for 1s Time since FebruaryUnited States CurrencyBitcoin extended losses and sank to below $40,000 on Wednesday, the lowest since February 8th after Chinese authorities prohibited financial institutions and payment companies from providing cryptocurrency-related services and warned investors against speculative crypto trading. The cryptocurrency is off about 40% from its record high of $64,895 in mid-April, when Tesla decided to accept it as a form of payment and said would use corporate cash to buy the digital asset. Less than 2 months after the decision, Tesla has suspended vehicle purchases using Bitcoin, mentioning the rapidly increasing use of fossil fuels for Bitcoin mining and transactions, and sending Bitcoin sharply lower. Tesla’s decision on May 12th to suspend vehicle purchases using bitcoin caused over $300 billion to be wiped off the cryptocurrency market, according to CNBC.2021-05-19T07:39:00"
US Stock Futures Trade Markedly Lower,Stock Market,"US Stock Futures Trade Markedly LowerUnited States Stock MarketUS stock futures pointed to a marked loss at the open on Wednesday, as traders await the Federal Reserve's latest meeting minutes later in the day, for any hints as to when some tapering actions may be forthcoming. Wall Street ended lower on Tuesday, amid ample evidence of rising inflation and worries about higher taxes on corporations and the highest earners.  At the same time, data showed US homebuilding falling more than expected in April, amid soaring prices for lumber and other materials. Among three main indexes, the Dow lost 267.1 points or 0.78% to 34,061, the S&P 500 dropped 35.5 points or 0.85% to 4,128 and the Nasdaq Composite dipped 75.41 points or 0.56% 13,304.2021-05-19T06:41:00"
Dollar Index Holds Near 10-Week Lows,Currency,"Dollar Index Holds Near 10-Week LowsUnited States CurrencyThe US Dollar Index was little changed at 89.8 on Wednesday, holding near 10-week lows as investors weighed the rush to reopen the economy against prospects of higher interest rates amid surging commodity prices. In a speech to the US Chamber of Commerce, Janet Yellen reiterated the White House’s intent to raise taxes on corporations and the highest earners as part of an ambitious infrastructure spending plan. Local 10-year bond yields were at 1.644%. In local data, housing starts in April came in weaker than expected, keeping risk-appetite even more subdued. Market participants now await the Federal Reserve's latest meeting minutes, for any subtle hints as to when some tapering actions may be forthcoming.2021-05-19T00:41:00"
US Stock Futures Trade Flat,Stock Market,"US Stock Futures Trade FlatUnited States Stock MarketUS Futures were little changed in early APAC trade on Wednesday, following losses in the previous session as recent evidence of rising inflation spooked market participants away from growth stocks as the prospect of higher interest rates threatens to undermine lofty valuations. Meantime, in a speech to the US Chamber of Commerce, Janet Yellen reiterated the White House’s intent to raise taxes on corporations and the highest earners as part of an ambitious infrastructure spending plan. In local data, housing starts in April came in weaker than expected, keeping risk-appetite even more subdued. Market participants now await the Federal Reserve's latest meeting minutes, for any subtle hints as to when some tapering actions may be forthcoming. On Tuesday, the Dow lost 267.1 points or 0.78% to 34060.7, the S&P 500 dropped 35.5 points or 0.85% to 4127.83 and the Nasdaq Composite dipped 75.41 points or 0.56% 13303.64.2021-05-19T00:36:00"
US Crude Inventories Rise Less Than Expected,API Crude Oil Stock Change,"US Crude Inventories Rise Less Than ExpectedUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 0.62 million barrels in the week ended May 14th of 2021, following a 2.53 million drop in the previous week and compared with market expectations of a 1.68 million rise, data from the American Petroleum Institute showed.2021-05-18T20:44:10.983"
The US30 Index dropped 0.55%,Stock Market,"The US30 Index dropped 0.55%United States Stock MarketUnited States Stock Market fell 187 points. Leading the losses are Chevron (-3.65%), Caterpillar (-1.51%) and Travelers Companies (-1.27%). Top gainers were Walmart (2.51%), UnitedHealth (0.73%) and Boeing (0.51%).2021-05-18T20:30:07.003"
Walmart earnings at 1.69 USD,Earnings,"Walmart earnings at 1.69 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.69 USD, compared to market expectations of 1.21 USD.2021-05-18T11:21:01.88"
Home Depot earnings at 3.86 USD,Earnings,"Home Depot earnings at 3.86 USDUnited States EarningsHome Depot (HD) released earnings per share at 3.86 USD, compared to market expectations of 3.06 USD.2021-05-18T10:19:43.907"
Dollar at Near 5-Month Low,Currency,"Dollar at Near 5-Month LowUnited States CurrencyThe dollar index retreated further to below 90 on Tuesday, the lowest on a closing basis since January 7th, amid renewed bets the Federal Reserve will not tight monetary policy anytime soon. Recent comments from several Fed officials helped to calm investors' worries over a jump in inflation and the need to pull back support. Dallas Federal Reserve President Robert Kaplan said he does not expect interest rates to rise until next year and Federal Reserve Vice Chair Richard Clarida said the weaker-than-expected U.S. jobs report showed the economy had not yet reached the threshold to warrant scaling back the central bank’s massive bond purchases. In the absence of fresh catalysts, investors await minutes of the US Federal Reserve’s April meeting, due on Wednesday, for clues regarding the central bank’s tolerance for near- and medium-term inflation. 2021-05-18T07:57:15"
"10-Year Treasury Yield Steady on Tuesday, FOMC Minutes Eyed",Government Bond 10Y,"10-Year Treasury Yield Steady on Tuesday, FOMC Minutes EyedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury was little changed at 1.65% on Tuesday, lower than a five-week high of 1.7% reached last week, amid expectations the Fed will not tight monetary policy soon. Comments from several Fed officials have helped to calm investors' concerns over a rise in inflation and borrowing costs. Dallas Federal Reserve President Robert Kaplan said he does not expect interest rates to rise until next year and Federal Reserve Vice Chair Richard Clarida said the weaker-than-expected U.S. jobs report showed the economy had not yet reached the threshold to warrant scaling back the central bank’s massive bond purchases. FOMC minutes due on Wednesday will also be in the spotlight and traders will be looking for clues on the Fed's next steps. 2021-05-18T07:44:07.973"
US Dollar Index Trades near 10-Week Lows,Currency,"US Dollar Index Trades near 10-Week LowsUnited States CurrencyThe US Dollar Index was little changed at 90.186 in early trade Tuesday, holding near 10-week lows as sentiment was sapped after last week’s data revealed a disappointing retail sales report, and, in the absence of fresh catalysts, investors await minutes of the US Federal Reserve’s April meeting, due on Wednesday, for clues regarding the central bank’s tolerance for near- and medium-term inflation. Local 10-year bond yields held at 1.654%. Federal Reserve officials have consistently downplayed the risk of a sharp and sustained rise in inflation, with Fed Governor Lael Brainard noting recently that officials should be “patient through the transitory surge.” 2021-05-18T00:46:27.62"
US Stock Futures Lift in Early Deals,Stock Market,"US Stock Futures Lift in Early DealsUnited States Stock MarketUS Futures ticked higher in early Asian trade on Tuesday, following modest declines in the previous session on worries that an increase in inflation will erode the value of their future earnings. Local 10-year rates held at 1.649% as investors await minutes of the US Federal Reserve’s April meeting, due on Wednesday, for clues regarding the central bank’s tolerance for near- and medium-term inflation. Also, renewed coronavirus outbreaks in Japan and Singapore and the ongoing situation in India kept risk appetite subdued. On Monday, the Dow Jones dropped 54 points or 0.2% to 34,328. The S&P 500 declined 11 points or 0.3% to 4,163. The tech-heavy Nasdaq underperformed its peers, retreating 51 points or 0.4% to 13,379.2021-05-18T00:39:50.96"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under PressureUnited States CurrencyThe dollar index touched a near one-week low of 90.15 before paring some losses and bottoming above the 90.20 neighbourhood. Last week wrapped up with a disappointing retail sales report, and, in the absence of fresh catalysts, investors await minutes of the US Federal Reserve’s April meeting, due on Wednesday, for clues regarding the central bank’s tolerance for near- and medium-term inflation.  Also, improving sentiment toward economies outside the US, particularly in Europe, drove buying into the euro and sterling, while the Canadian dollar strengthened alongside oil. 2021-05-17T20:56:00"
US Treasury Yields Steady Ahead of Fed Minutes,Government Bond 10Y,"US Treasury Yields Steady Ahead of Fed Minutes United States Government Bond 10YThe yield on the benchmark 10-year Treasury note was steady at 1.64% on Monday, as investors await the Federal Reserve's latest meeting minutes, due on Wednesday, for clues about the central bank's thought about rising prices pressures. Federal Reserve officials have consistently downplayed the risk of a sharp and sustained rise in inflation, though, and looking for how equities sold off on such inflation worries, investors are no longer buying the Fed's message. Meanwhile, the Treasury Department will auction $34 billion in 52-week bills, $27 billion in 20-year bonds and $13 billion in 10-year TIPS this week.2021-05-17T19:26:00"
US Stocks Tread Water,Stock Market,"US Stocks Tread WaterUnited States Stock MarketAll three main US stock indexes lost ground on Monday, as investors once again ditched growth stocks, particularly tech and consumer discretionary ones, on worries that an increase in inflation will erode the value of their future earnings. This narrative that a rise in prices this year would spur unwanted inflation also fuelled bets of potential tapering of the Federal Reserve’s bond-buying before year’s end, paving the way for an interest rate hike in 2023. investors now await minutes of the US Federal Reserve’s last meeting, due on Wednesday, for any comments on that. Also, renewed coronavirus outbreaks in Japan and Singapore and the ongoing situation in India kept risk appetite subdued. The Dow Jones dropped 54 points or 0.2% to 34,328. The S&P 500 declined 11 points or 0.3% to 4,163. The tech-heavy Nasdaq underperformed its peers, retreating 51 points or 0.4% to 13,379.2021-05-17T17:41:00"
US Stocks Trade Lower,Stock Market,"US Stocks Trade LowerUnited States Stock MarketWall Street started the week on a cautious note, with all 3 main stock indexes trading in negative territory after its worst week since February, and tracking a general lacklustre sentiment around the world due to risks to the global economic recovery including rising coronavirus infections in some parts of Asia. Also, the earnings season is drawing to a close with Home Depot, Walmart and Macy’s due to report tomorrow. So far, 86% of S&P 500 companies have reported a positive EPS surprise, according to CNBC. Meanwhile,  AT&T announced is in talks to merge WarnerMedia with Discovery to create a new entertainment company.2021-05-17T13:35:00"
US 10-Year Treasury Yield Continues to Fall,Government Bond 10Y,"US 10-Year Treasury Yield Continues to FallUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note went down for the 3rd consecutive session to 1.61% on Monday amid easing concerns over a surge in inflation and tight monetary policy from the Fed, after tepid retail sales data released the week before. US retail sales were unchanged in April, defying market expectations of a 1% increase. Fresh Markit PMIs and the claims report to be released later in the week will provide another update on the economic recovery. Meanwhile, the Treasury Department will auction $34 billion in 52-week bills, $27 billion in 20-year bonds and $13 billion in 10-year TIPS this week. 2021-05-17T08:23:28.217"
US Dollar Index Lifts In Early Deals,Currency,"US Dollar Index Lifts In Early DealsUnited States CurrencyThe US Dollar Index added 0.072 points or 0.08% in early Asian trade Monday, lifting slightly from near 11-week lows touched last week after the US inflation rate jumped to a 13-year high in April, with investors betting that the Fed would have to pull out monetary support sooner than expected. Still, comments from several Fed officials reiterating the Fed's commitment to economic support helped to calm investors' nerves. Local 10-year bond yields were at 1.632%. Among other data, retail sales unexpectedly showed no growth from a month earlier in April, suggesting Americans stopped spending their stimulus checks, while the University of Michigan's consumer sentiment fell below forecasts due to rising inflation. 2021-05-17T00:54:31.837"
US Stock Futures Lower In Early Deals,Stock Market,"US Stock Futures Lower In Early DealsUnited States Stock MarketUS Futures slipped in early APAC trade on Monday, following Wall Street's worst weekly performance since February as data showed the Consumer Price Index jumped 4.2% from a year earlier in April, the fastest rate since 2008, intensifying fears that the Federal Reserve could be forced to start tapering its easy monetary policy if higher price pressures are sustained. However, losses were pared later in the week as dovish remarks from several Fed officials noted that any increase in price pressures will be transitory and expected to wane as supply chains adjust to rising demand. The shift in sentiment was accompanied by a disappointing retail sales report. The Fed’s minutes from its last meeting, which will be released Wednesday, could offer some further clues on policymakers’ thinking on inflation. Last week, the Dow lost 1%, while the S&P 500 and the tech-heavy Nasdaq slumped 1.4% and 2.3%, respectively.2021-05-17T00:31:00"
US Business Inventories Rise for 8th Month,Business Inventories,"US Business Inventories Rise for 8th MonthUnited States Business InventoriesManufacturers’ and trade inventories in the US went up 0.3 percent from a month earlier in March of 2021, following an upwardly revised 0.6 percent growth in February and in line with market expectations. It was the 8th consecutive month of gains in business inventories. Stocks at manufacturers increased 0.7 percent, easing from a 0.8 percent advance in the previous month while inventories at retailers fell 1.4 percent, down from a 0.1 percent increase. Meantime, stocks at wholesalers climbed 1.3 percent, compared to a 1 percent rise. Year-on-year, business inventories showed no growth. 2021-05-14T14:03:00"
US 10-Year Treasury Note Yield Falls,Government Bond 10Y,"US 10-Year Treasury Note Yield FallsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged lower to 1.645% on Friday, after economic data showed US retail sales were unchanged in April, defying market expectations of a 1% increase. Excluding autos, trade was down 0.8%, also below forecasts of a 0.7% advance. Meanwhile, import and export prices rose more than expected over the same period, adding to signs of growing inflationary pressure. Elsewhere, a $27 billion sale of 30-year bonds went poorly on Thursday while a $41 billion auction of 10-year notes was strong and met with sufficient demand on Wednesday.2021-05-14T12:40:00"
Dollar Trades Lower after US Retail Sales Data,Currency,"Dollar Trades Lower after US Retail Sales DataUnited States CurrencyThe dollar index bottomed around 90.30 on Friday, after retail sales unexpectedly showed no growth from a month earlier in April, suggesting Americans stopped spending their stimulus checks. Disappointing retail trade data add to figures published earlier this month showing that hiring slowed in April, highlighting the uneven rebound underway in the US economy. The greenback strengthened earlier this week after the US inflation rate jumped to a 13-year high in April, with investors betting that the Fed would have to pull out monetary support sooner than expected. Still, comments from several Fed officials reiterating the Fed's commitment to economic support helped to calm investors' nerves. The greenback has managed to end the week on a positive note. 2021-05-14T12:39:00"
US Export Prices Rise More than Forecast,Export Prices MoM,"US Export Prices Rise More than ForecastUnited States Export Prices MoMPrices for US exports increased 0.8 percent from a month earlier in April of 2021, following an upwardly revised 2.4 percent advance in March and above market expectations of a 0.6 percent gain. The price index for US exports has not recorded a monthly decline since a 3.5 percent drop in April 2020. A 0.9 percent advance in nonagricultural prices and a 0.6 percent rise in agricultural prices both contributed to the April increase in US export prices. Year-on-year, export prices rose 14.4 percent, the largest 12-month increase since the index was first published in September 1983.2021-05-14T12:33:28.453"
US Import Prices Rise More than Forecast,Import Prices MoM,"US Import Prices Rise More than ForecastUnited States Import Prices MoMUS import prices increased 0.7 percent from a month earlier in April 2021, following an upwardly revised 1.4 percent growth in March and slightly beating market forecasts of 0.6 percent. Nonfuel import prices rose 0.7 percent, boosted by higher prices for nonfuel industrial supplies and materials; foods, feeds, and beverages; capital goods; and automotive vehicles. In addition, fuel prices advanced 0.5 percent, as increasing petroleum prices more than offset 
decreasing natural gas prices. On a yearly basis, import prices jumped 10.6 percent in April, the largest annual increase since October 2011.2021-05-14T12:33:00"
US Treasury Yields Fall Slightly,Government Bond 10Y,"US Treasury Yields Fall SlightlyUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note retreated for the second session to 1.65% on Friday after touching 4-week highs of 1.69% early in the week as investors appear to shrug off concerns over a rise in inflation.  A drop in jobless claims to a fresh pre-pandemic low helped sentiment, returning investors attention to a robust economic recovery, as high inflation is likely to stay for some time. Meanwhile, a $27 billion sale of 30-year bonds went poorly on Thursday while a $41 billion auction in 10-year notes was strong and met with sufficient demand on Wednesday.2021-05-14T07:54:00"
US Stock Futures Edge Higher,Stock Market,"US Stock Futures Edge HigherUnited States Stock MarketUS Futures were little changed in early Asian trade on Friday, following a strong rebound in the previous session to snap a three-day losing streak as investors focus on prospects of a robust economic recovery, shrugging off concerns that a pick-up in inflation would force the Fed to tighten monetary policy. In local data, Initial jobless claims dropped to 473K last week, a new pre-pandemic low and better than forecasts of 490K, suggesting the labour market's recovery is picking up steam. Meantime, producer prices went up 0.6%, more than expectations of 0.3%, indicating that inflation is rising. Local 10-year bond yields held near 2-week highs of 1.663%. Still, some Fed officials have persistently played down inflation risks, saying they are transitory. On Thursday, the Dow advanced 434 points or 1.29%, while the S&P 500 and Nasdaq gained 1.22% and 0.72%, respectively.2021-05-14T00:30:22.343"
Walt Disney earnings at 0.79 USD,Earnings,"Walt Disney earnings at 0.79 USDUnited States EarningsWalt Disney (DIS) released earnings per share at 0.79 USD, compared to market expectations of 0.27 USD.2021-05-13T20:58:54.44"
Dollar Hovers at 1-Week High,Currency,"Dollar Hovers at 1-Week HighUnited States CurrencyThe dollar index was little changed at 90.7 on Thursday, close to a 1-week high after data showed jobless claims fell more than anticipated to a fresh pandemic low while producer prices increased by more than expected in April. On Wednesday, a jump in US consumer prices prompted fears the Fed would tighten monetary policy sooner and more abruptly than expected. The US annual inflation rate jumped to 4.2%, the highest in 13 years and well above forecasts of 3.6%, while the monthly gauge rose 0.8%, the most since 2009, and the monthly core inflation increased to 0.9%, the highest since 1996. Still, Fed officials have persistently played down inflation risks, saying they are transitory. Fed Vice Chair Richard Clarida said on Wednesday that weak job growth and strong inflation in April had not changed the central bank's plan to maintain loose monetary policy.2021-05-13T12:48:00"
US Jobless Claims to Fall to New Pre-Pandemic Low,Initial Jobless Claims,"US Jobless Claims to Fall to New Pre-Pandemic LowUnited States Initial Jobless ClaimsInitial jobless claims are likely to decrease to an over year low of 490 thousand in the May 8th week, as the gradual re-opening of the economy prompt employers to hire more workers to respond to growing demand. The labor market recovery has been supported by the government's stimulus packages and the rapid pace of COVID-19 vaccinations. Meanwhile, continuing claims are seen declining to 3.655 million in the May 1st week from 3.69 million the week before, but remaining well above pre-pandemic levels.2021-05-13T09:42:05.697"
US Dollar Index Lifts from 10-Week Lows,Currency,"US Dollar Index Lifts from 10-Week LowsUnited States CurrencyThe US Dollar Index was little changed at 90.7 on Thursday, lifting from near 10-week lows touched earlier in the week as investors moved in the Greenback amid fears that higher-than-expected price pressures could prompt the Fed to tighten monetary policy sooner and more abruptly than expected. The US annual inflation rate jumped to 4.2%, the highest in 13 years and well above forecasts of 3.6%, while the monthly gauge rose 0.8%, the most since 2009, and the monthly core inflation increased to 0.9%, the highest since 1996. US 10-year rates hit monthly highs of 1.622%. Meantime, the number of US job openings rose by 597 thousand from the previous month to 8.123 million in March, the highest level since the series began in December 2000.2021-05-13T00:18:00"
US Stock Futures Edge Higher After Selloff,Stock Market,"US Stock Futures Edge Higher After SelloffUnited States Stock MarketUS Futures moved slightly higher in early APAC trade on Thursday, after suffering some of their worst daily performances of 2021 in the previous session as investors weighed whether higher-than-expected price pressures could prompt the Fed to tighten monetary policy sooner and more abruptly than expected. The US annual inflation rate jumped to 4.2%, the highest in 13 years and well above forecasts of 3.6%, while the monthly gauge rose 0.8%, the most since 2009, and the monthly core inflation increased to 0.9%, the highest since 1996. US 10-year rates hit monthly highs of 1.622%. Falls were most pronounced in high-flying shares, particularly tech, with the prospect of higher interest rates threatening to undermine the valuations of those companies, whose profits lie further in the future. The Dow fell 681 points, or 1.99% lower, to notch its single-worst session since January. The S&P 500 lost 2.1%, its biggest one-day drop since February, while the tech-heavy Nasdaq Composite slid 2.7%2021-05-13T00:12:55.82"
US2000 Hits 6-week Low,Stock Market,US2000 Hits 6-week LowUnited States Stock MarketUS2000 decreased to a 6-week low of 21552021-05-12T19:15:40.41
US Crude Oil Stocks Fall Less than Forecast,Crude Oil Stocks Change,"US Crude Oil Stocks Fall Less than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 0.427 million barrels in the May 7th week, a second straight period of decline and compared with market forecasts of a 2.817 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 0.378 million barrels, defying market expectations of a 0.600 million decrease.2021-05-12T14:34:03.467"
Dollar Surges on Inflation Data,Currency,"Dollar Surges on Inflation DataUnited States CurrencyThe US dollar index jumped to 90.7 Wednesday, from the previous session's 10-week low, after a larger-than-expected rise in US consumer prices fueled expectations that the Federal Reserve might start tightening its ultra-loose monetary policy sooner than forecast. The consumer price inflation rate jumped to 4.2% in April, its highest level since September 2008 and well above the Federal Reserve's target of about 2%, as the economy reopens and both activity and demand rebound firmly.2021-05-12T12:42:00"
US Treasury Yields Little Changed Ahead of Inflation,Government Bond 10Y,"US Treasury Yields Little Changed Ahead of Inflation United States Government Bond 10YThe yield on the benchmark 10-year Treasury yield edged down to 1.61% on Wednesday as investors await fresh US inflation figures and more government debt sales. Consumer-price inflation in the US is set to quicken to a 10-year high and investors worry that soaring commodity prices and supply constraints could lead to persistent price pressure. Meanwhile, a $58 billion auction of three-year notes went well with decent demand while $41 billion in 10-year notes will be auctioned on Wednesday and $27 billion of 30-year bonds on Thursday.2021-05-12T07:40:00.707"
US Stocks Set to Open Lower,Stock Market,"US Stocks Set to Open LowerUnited States Stock MarketUS stock futures traded lower on Wednesday after the Dow Jones suffered its biggest one-day plunge since February 26th, amid inflation worries ahead of US consumer price index data later in the day. Figures on Monday showed US inflation expectations surged to their highest in a decade, while 10-year rates remained elevated at 1.624% on Tuesday. In recent data,  the number of job openings rose by 597 thousand from the previous month to 8.123 million in March, the highest level since the series began in December 2000. Meantime, the Small Business Optimism Index rose to its highest since last December. On Tuesday, the Dow plunged 474 points, or 1.4, to 34,269. The S&P 500 lost 36 points, or 0.9%, to 4,152 and the Nasdaq dropped 12 points, or 0.1%, to 13,389.2021-05-12T06:31:00"
US Dollar Under Pressure at 10-Week Lows,Currency,"US Dollar Under Pressure at 10-Week LowsUnited States CurrencyThe US Dollar Index held near 10-week lows of 90.2 in early trade Wednesday. The negative stance on the Greenback intensified following a disappointing Nonfarm Payrolls report last week, which cemented expectations that the Fed will remain ultra-accommodative for the foreseeable future. Meantime, traders look toward Wednesday's CPI report, due to show inflation rate in April jumped to the highest level since September 2011, while data on Monday showed inflation expectations surged to their highest in a decade. Local 10-year rates lifted to 1.627%. In local data, the number of job openings rose by 597 thousand from the previous month to 8.123 million in March, the highest level since the series began in December 2000, while the NFIB Small Business Optimism Index rose to the highest level since December. 2021-05-12T00:17:00"
US Stock Futures Flat after Selloff,Stock Market,"US Stock Futures Flat after SelloffUnited States Stock MarketUS Futures moved higher in early Asian trade Wednesday, following declines in the previous session, with the Dow recording its biggest one-day plunge since February 26 as rising commodity prices and labor shortages fed fears that near-term price spikes could translate into longer-term inflation. Wednesday's CPI report is due to show inflation rate in April jumped to the highest level since September 2011, while data on Monday showed inflation expectations surged to their highest in a decade. Local 10-year rates lifted to 1.627%. In local data, the number of job openings rose by 597 thousand from the previous month to 8.123 million in March, the highest level since the series began in December 2000, while the NFIB Small Business Optimism Index in the United States rose to the highest level since December. On Tuesday, The Dow fell 473.66 points, or 1.36%, to 34269.16, the S&P 500 lost 36.33 points, or 0.87%, to 4152.1 and the Nasdaq dropped 12.43 points, or 0.09%, to 13389.43.2021-05-12T00:09:00"
Dow Suffers Worst Day Since February,Stock Market,"Dow Suffers Worst Day Since FebruaryUnited States Stock MarketWall Street sank into the red as the sell-off broadened beyond tech stocks amid lingering concerns about higher inflation. Investors fear that a boom in economic activity could trigger unwanted inflation, which would force the Fed to start tightening its monetary policy sooner and more abruptly than expected. Wednesday's CPI report is due to show inflation rate in April jumped to the highest level since September 2011, while data on Monday showed inflation expectations surged to their highest in a decade. The Dow Jones lost over 450 points, recording its worst largest one-day drop since February 26, led by a decline in Home Depot. The S&P 500 slid 0.9% or 36 points to 4,152. The tech-heavy Nasdaq fell 0.1% after shedding 2.2% at its session low.2021-05-11T20:09:00"
Treasury Yields Hold Gains After Three-Year Note Auction,Government Bond 10Y,"Treasury Yields Hold Gains After Three-Year Note AuctionUnited States Government Bond 10YUS Treasury yields remained slightly higher at 1.62% on Tuesday following a solid three-year note auction and ahead of a 10- and 30-year note offering later this week, testing investors’ appetite for government debt. The yield on the US 10-year Treasury note has been rising since last week on worries that soaring commodity prices and supply chain issues could create inflationary pressures that would erode the returns on such fixed-income securities. Investors now await key CPI and PPI data for the US scheduled for Wednesday and Thursday, respectively. A measure of US inflation expectations showed American consumers see inflation at 3.4%, the highest level since September 2013.
2021-05-11T17:16:00"
US500 Hits 4-week Low,Stock Market,US500 Hits 4-week LowUnited States Stock MarketUS500 decreased to a 4-week low of 41182021-05-11T14:38:21.687
US Stocks Extend Slump as Tech Sell-Off Continues,Stock Market,"US Stocks Extend Slump as Tech Sell-Off ContinuesUnited States Stock MarketWall Street sank into the red as the sell-off broadened beyond tech stocks amid lingering concerns about higher inflation. Investors fear that the Federal Reserve might alter its ultra-loose monetary policy to curb a spike in prices as the economy reopens and activity rebounds firmly. Wednesday's CPI report is due to show inflation rate in April jumped to the highest level since September 2011, while data on Monday showed inflation expectations surged to their highest in a decade. On the corporate front, Simon Property Group tumbled nearly 4% after saying it does not expect a return to 2019 occupancy levels until next year or 2023; and L Brands plunged more than 5% after the company announced plans to split itself into two publicly traded companies. The Dow Jones lost about 500 points, led by a decline in Home Depot. The S&P 500 slid 1% as all 11 sectors traded in the red. Meanwhile, the tech-heavy Nasdaq fell 0.3% after shedding 2.2% at its session low. 2021-05-11T13:31:00"
Tech Sell-Off Set to Continue,Stock Market,"Tech Sell-Off Set to ContinueUnited States Stock MarketUS futures were lower on Tuesday with Nasdaq falling more than 1%, as the tech sell-off continues on concerns that rising commodity prices and supply chain issues could drive up inflation and interest rates and erode the value of future earnings. Figures published Monday showed American consumers expect inflation at 3.4%, the highest level since September 2013. Traders also await fresh CPI and PPI data for the US to be released Wednesday and Thursday respectively. Meanwhile, several Fed officials are due to speak today. On Monday, the Dow Jones lost 35 points or 0.1% to 34,743. The Nasdaq shed 350 points or 2.6% to 13,402 and the S&P 500 fell 44 points or 1% to 4,188. 


.2021-05-11T08:13:00"
US 10-Year Treasury Yield Little Changed,Government Bond 10Y,"US 10-Year Treasury Yield Little ChangedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury yield was steady at 1.60% on Tuesday, amid worries that soaring commodity prices and supply chain issues could pressure inflation up and lead the Fed to tighten monetary policy sooner-than-expected. Traders also await key CPI and PPI data for the US to be released during the week. A measure of US inflation expectations showed American consumers see inflation at 3.4%, the highest level since September 2013. Meanwhile, the Treasury Department will auction $58 billion of three-year notes on Tuesday, $41 billion of 10-year notes on Wednesday, and $27 billion of 30-year bonds on Thursday.2021-05-11T07:24:00"
US Dollar Index Trades Around 10-Week Lows,Currency,"US Dollar Index Trades Around 10-Week LowsUnited States CurrencyThe US Dollar Index traded flat at 10-week lows of 90.29 in early trade Tuesday trade as market participants weighed weak nonfarm payroll data last week against rising local inflation expectations. Local 10-year bond yields were steady at 1.597% as nonfarm payrolls increased by 266K last week, well below forecasts of nearly one million, while the unemployment rate rose to 6.1% amid an escalating shortage of available workers. In more recent data, median year-ahead inflation expectations in the US increased to 3.4% in April, the highest level since September 2013. Meantime, Chicago Fed Bank President Charles Evans reiterated Monday that the policymakers would like to see higher inflation, more wage growth and several months of strong employment gains averaging 1 million jobs added before they would consider adjusting monetary policy.


.2021-05-11T00:38:00"
US Stock Futures Flat after Tech Stocks Retreat,Stock Market,"US Stock Futures Flat after Tech Stocks RetreatUnited States Stock MarketUS Futures lifted slightly in early APAC trade Tuesday, following a retreat from record highs in the previous session as investors ditched growth and technology names on growing worries about inflation and higher taxes. US inflation expectations surged to 3.4% in April, the highest in a decade amid mounting concerns over rising price pressure as the economy further re-opens. Among stocks, Facebook lost 4.11%, while Amazon fell 3.07% and Netflix both dropped over 3.4%. Meantime, President Biden delivered remarks on the economy Monday and will meet with Republican and Democratic leaders on Wednesday to discuss several topics, including his US$4 trillion legislative proposals. The Nasdaq lost 350 points or 2.6% to 13,402. The S&P 500 declined 44 points or 1% to 4,188. The Dow retreated 35 points or 0.1% to 34,743.2021-05-11T00:26:00"
Nasdaq Ends Sharply Lower in Tech Sell-Off,Stock Market,"Nasdaq Ends Sharply Lower in Tech Sell-OffUnited States Stock MarketThe tech-heavy Nasdaq Composite plunged more than 2%, and the S&P 500 finished sharply lower on Monday, as investors ditched growth and technology names on growing worries about inflation and higher taxes. Growth-oriented stocks were likely to continue underperforming in this current market environment, with rising commodity prices and supply chain issues sparking concerns about higher inflation, which could erode the value of future earnings. Meanwhile, the blue-chip Dow's losses were limited by a rotation into value stocks as investors continued to move to groups that do well in an economic recovery. President Biden delivered remarks on the economy Monday and will meet with Republican and Democratic leaders on Wednesday to discuss several topics, including his $4 trillion legislative proposals. The Nasdaq lost 350 points or 2.6% to 13,402. The S&P 500 declined 44 points or 1% to 4,188. The Dow retreated 35 points or 0.1% to 34,743.2021-05-10T20:14:00"
Dow Extends Records but S&P and Nasdaq Fall,Stock Market,"Dow Extends Records but S&P and Nasdaq FallUnited States Stock MarketThe Dow Jones extended records to start the week boosted by shares of miners and energy  as commodity prices continue to soar and investors bet the Fed would not taper or raise rates soon and the White House would propose additional stimulus. Meanwhile, tech stocks pushed both the S&P 500 and the Nasdaq lower as investors worry that rising commodity prices and supply chain issues could lead to higher inflation and erode the value of future earnings. President Biden will deliver remarks on the economy Monday and will meet with Republican and Democratic leaders on Wednesday to discuss several topics, including his $4 trillion legislative proposals.2021-05-10T13:31:00"
Duke Energy earnings at 1.26 USD,Earnings,"Duke Energy earnings at 1.26 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.26 USD, compared to market expectations of 1.21 USD.2021-05-10T11:28:06.8"
Air Products & Chemicals earnings at 2.08 USD,Earnings,"Air Products & Chemicals earnings at 2.08 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.08 USD, compared to market expectations of 2.12 USD.2021-05-10T10:28:58.557"
US 10-Year Treasury Yield Rises from 2-Month Lows,Government Bond 10Y,"US 10-Year Treasury Yield Rises from 2-Month LowsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rebounded to 1.57% on Monday after tumbling to  two-month lows of 1.469% on Friday as investors appear to shrug off disappointing jobs data and continue to bet on a strong economic rebound. The US economy added a weaker-than-expected 266K jobs in April which showed the labour market recovery still has a long way to go but also cemented expectations that the Fed will remain ultra-accommodative until the economy has further recovered and added to the case for ongoing stimulus. Meanwhile, several auctions will be closely watched this week. The Treasury Department will auction $58 billion of three-year notes on Tuesday, $41 billion of 10-year notes on Wednesday, and $27 billion of 30-year bonds on Thursday.2021-05-10T07:20:00"
US Stocks Set to Open Higher to Start the Week,Stock Market,"US Stocks Set to Open Higher to Start the Week                         United States Stock MarketUS stock futures traded mostly higher on Monday after the Dow Jones and the S&P 500 closed at record levels Friday as a disappointing payroll report eased worries about the Federal Reserve reducing its support anytime soon. Nonfarm payrolls rose by 266 thousand, well below forecasts of nearly one million, while the jobless rate unexpectedly edged up to 6.1% from 6% in the prior period, amid an escalating shortage of available workers. Meantime, traders are monitoring reports of a ransomware attack on the US’ largest fuel pipeline. US Commerce Secretary Gina Raimondo noted that the Federal government is working to avoid supply disruptions after Colonial Pipeline suspended operations Friday. Last week, the Dow surged 2.7% to snap a two-week losing streak. The S&P 500 added 1.2%. Meanwhile, the tech-heavy Nasdaq dropped 1.5%.2021-05-10T06:04:00"
US Dollar Index Holds at 10-Week Lows,Currency,"US Dollar Index Holds at 10-Week LowsUnited States CurrencyThe US Dollar Index held at 90.2 on Monday, following its worst week since November 2020 in reaction to a payroll report that showed the US economy only added 266,000 jobs in April, well below market expectations of almost one million amid an escalating shortage of available workers. Such reading heightened the uncertain outlook regarding the US job market recovery and cemented expectations that the US central bank will remain ultra-accommodative until the economy has further recovered. Meantime, traders are monitoring reports of a ransomware attack on the US’ largest fuel pipeline. US Commerce Secretary Gina Raimondo noted that the Federal government is working to avoid supply disruptions after Colonial Pipeline suspended operations on Friday. Local 10-year bond yields were at 1.597%. Ahead in the week, market participants will be monitoring inflation rate, retail sales and consumer sentiment data.
.2021-05-10T00:40:00"
US500 CFD hits All-time High,Stock Market,US500 CFD hits All-time HighUnited States Stock MarketUS500 CFD increased to an all-time high of 42392021-05-09T23:51:22.33
US Stock Futures Extend Fresh Records,Stock Market,"US Stock Futures Extend Fresh Records United States Stock MarketUS Futures moved higher in early Asian trade on Monday, after the Dow Jones and the S&P 500 finished at record levels Friday as a disappointing payroll report eased worries about the Federal Reserve reducing its massive support anytime soon. Nonfarm payrolls increased by 266K only, well below forecasts of nearly one million, while the unemployment rate rose to 6.1% amid an escalating shortage of available workers. Meantime, traders are monitoring reports of a ransomware attack on the US’ largest fuel pipeline. US Commerce Secretary Gina Raimondo noted that the Federal government is working to avoid supply disruptions after Colonial Pipeline suspended operations on Friday. Last week, the Dow surged 2.7% to snap a two-week losing streak. The S&P 500 added 1.2%. Meanwhile, the tech-heavy Nasdaq dropped 1.5%.2021-05-09T23:51:00"
US Consumer Credit Grows Above Expectations,Consumer Credit,"US Consumer Credit Grows Above ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 25.84 billion in March of 2021, following a revised USD 26.13 billion gain in the previous month and comfortably beating market expectations of a USD 20 billion rise. Revolving credit increased by USD 6.4 billion while non-revolving credit went up by USD 19.5 billion. On an annual basis, consumer credit rose 7.4 percent, following a 7.5 percent gain in February. 2021-05-07T19:21:21.423"
US Wholesale Inventories Revised Slightly Lower,Wholesale Inventories,"US Wholesale Inventories Revised Slightly LowerUnited States Wholesale InventoriesWholesale inventories in the US increased 1.3 percent month-over-month to $693.6 billion in March of 2021, slightly less than initial estimates of a 1.4 percent rise. Inventories rose for both durables (1.2 percent) and nondurables (1.4 percent). Biggest gains were seen for furniture (3.4 percent), lumber (2.8 percent) and apparel (2.7 percent). Inventories for autos surged 1 percent and drugs 1.9 percent while those for machinery were unchanged. Year-on-year, wholesale inventories were up 4.5 percent. 2021-05-07T14:17:03.957"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 42192021-05-07T13:40:28.403
US Stocks Mixed on Weak Payrolls,Stock Market,"US Stocks Mixed on Weak PayrollsUnited States Stock MarketThe Dow Jones traded lower on Friday after a big miss on the April jobs report. Nonfarm payrolls increased by 266K only, well below forecasts of nearly 1 million and the unemployment rate rose to 6.1%, compared to forecasts of 5.8%. Meanwhile, the S&P 500 was around the flatline and the Nasdaq gained 0.5% as falling Treasury yields boosted tech shares. So far this week, the Dow Jones is up around 2% at fresh records. The S&P 500 added 0.5% while the Nasdaq is down more than 2.3%.2021-05-07T13:36:00"
US Treasury Yields Fall after Jobs Report,Government Bond 10Y,"US Treasury Yields Fall after Jobs ReportUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note fell to 1.51% on Friday, after April’s jobs report fell short of expectations. The US economy added 266K jobs in April of 2021, well below market expectations of 978K, and pushing the unemployment rate higher to 6.1 percent. The report enhanced views that the job market recovery remains uncertain despite Thursday data showed initial claims for state unemployment benefits fell to the lowest since mid-March 2020.  Early this week, the US Treasury said it will keep its coupon issuance steady over the coming quarter, and that declines in outstanding Treasury bills should slow.2021-05-07T12:43:00"
Dow Futures Turn Negative after Weak Payrolls,Stock Market,"Dow Futures Turn Negative after Weak PayrollsUnited States Stock MarketDow Jones futures reversed early gains to trade lower on Friday after a big miss on the April jobs report. Nonfarm payrolls increased by 266K only, well below forecasts of nearly 1 million and the unemployment rate rose to 6.1%, compared to forecasts of 5.8%. Contracts on the Nasdaq futures however, surged more than 1% as falling Treasury yields helped pushing tech shares higher and S&P 500 futures hit record levels. So far this week, the Dow Jones is up around 2% at fresh records. The S&P 500 added 0.5% while the Nasdaq is down more than 2.3%.2021-05-07T12:43:00"
Dollar Index Drops to Over 2-Month Low,currency,"Dollar Index Drops to Over 2-Month LowUnited States currencyThe dollar index extended losses to hit an over two-month low of 90.20 on Friday, following a disappointing US employment report that showed only 266,000 jobs were created in April, well below market expectations of almost 1 million, and the unemployment rate ticked up to 6.1%. Such reading heightened the uncertain outlook regarding the US job market recovery and cemented expectations that the US central bank will remain ultra-accommodative until the economy has further recovered. Earlier this week, the greenback touched a two-week high after Treasury Secretary Janet Yellen mentioned that the Fed may have to raise rates to prevent the US economy from overheating.2021-05-07T12:33:00"
US Average Hourly Earnings Unexpectedly Rise,Average Hourly Earnings,"US Average Hourly Earnings Unexpectedly Rise United States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls went up by 21 cents, or 0.7 percent over the month to $31.17 in April of 2021, after a 0.1 percent decrease in March and compared with market expectations of a flat reading. Average hourly earnings for private-sector production and nonsupervisory employees rose by 20 cents to $25.45. Year-on-year, average hourly earnings have increased by 0.3 percent, following a 4.2 percent rise and against market consensus of a 0.4 percent drop.2021-05-07T12:33:00"
US 10Y Bond Yield Hits 8-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 8-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 8-week low of 1.524%2021-05-07T12:30:15.727
Cigna earnings at 4.73 USD,Earnings,"Cigna earnings at 4.73 USDUnited States EarningsCigna (CI) released earnings per share at 4.73 USD, compared to market expectations of 4.37 USD.2021-05-07T10:29:42.243"
US Jobless Rate Seen Falling to 5.8% in April,Unemployment Rate,"US Jobless Rate Seen Falling to 5.8% in AprilUnited States Unemployment RateThe US unemployment rate is expected to fall to 5.8 percent in April 2021, the lowest level since the COVID-19 pandemic first hit the US labor market in March 2020. The pace of job creation is seen gathering steam in the spring and through summer, as the country re-opens due to the acceleration in the pace of COVID-19 vaccinations and as the government's $1.9 trillion relief package boosts domestic demand.2021-05-07T09:42:23.607"
US 10-Year Treasury Yield Little Changed,Government Bond 10Y,"US 10-Year Treasury Yield Little ChangedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was little changed at 1.56% and the yield curve continued to flatten on Friday as investors await the payrolls release early in the morning for an update on the labour market. The report will likely confirm the economy's strong path to recovery from the pandemic after initial claims for state unemployment benefits fell to 498K from 590K, the lowest since mid-March 2020. Early this week, the US Treasury said it will keep its coupon issuance steady over the coming quarter, and that declines in outstanding Treasury bills should slow. 2021-05-07T08:13:45.173"
US Dollar Index Eases From 2-Week Highs,Currency,"US Dollar Index Eases From 2-Week HighsUnited States CurrencyThe US Dollar Index was little moved at 90.8 in early trade Friday, falling from 2-week highs touched earlier in the week as recent US economic data came in a bit softer than expected, while traders awaited the release US jobs data later in the session. Local 10-year bond yields also eased to 1.57% as Federal Reserve speakers downplayed the risks of higher inflation. Fed's Rosengren said inflationary pressures should be short-lived and should not lead to a pullback in monetary policy; Fed’s Mester said she expects to be deliberately patient unless there is clear evidence that inflation pressures will push inflation to exceed the desired pat; and Chicago Fed President Charles Evans said he expects monetary policy to stay super-easy for some time. The US Dollar index rebounded from a 1-month low over the past week, after Treasury Secretary Janet Yellen mentioned that the Fed may have to raise rates to prevent the US economy from overheating. 2021-05-07T00:32:00"
Dow Jones CFD hits All-time High,Stock Market,Dow Jones CFD hits All-time HighUnited States Stock MarketDow Jones CFD increased to an all-time high of 345492021-05-06T20:03:22.117
Dow Extends Record-Setting Rally,Stock Market,"Dow Extends Record-Setting RallyUnited States Stock MarketAll three main US stock indexes closed in the green on Thursday, with the blue-chip Dow notching another record high buoyed by the current robust US economic growth, while strong earnings momentum and a successful vaccine rollout continued to feed risk-appetite. Recent job figures reinforced such a view, with weekly jobless claims falling more than expected to a new year low, planned layoffs in April at their lowest level since 2000, and first-quarter labour productivity growth beating market consensus. Gains were most pronounced in those economically sensitive stocks of the market, like financials and materials, while high-flying technology underperformed once again. 2021-05-06T20:01:00"
Fidelity National Information Services earnings at 1.30 USD,Earnings,"Fidelity National Information Services earnings at 1.30 USDUnited States EarningsFidelity National Information Services (FIS) released earnings per share at 1.30 USD, compared to market expectations of 1.25 USD.2021-05-06T17:30:03.667"
Wall Street Looks to Regain Traction,Stock Market,"Wall Street Looks to Regain TractionUnited States Stock MarketAll three main US stock indexes regained ground on Thursday afternoon, with the blue-chip Dow touching a fresh intraday record as investors continued to pile into economically sensitive sectors amid signals for a robust economic recovery. Recent job figures reinforced such a view, with weekly jobless claims falling more than expected to a new year low, planned layoffs in April at their lowest level since 2000, and first-quarter labour productivity growth beating market consensus. On top of that, investors continued to buy into the Fed’s version of US inflationary pressures as transitory, promoting the view that monetary policy will remain extremely easy for the foreseeable. 2021-05-06T16:19:00"
Zoetis earnings at 1.26 USD,Earnings,"Zoetis earnings at 1.26 USDUnited States EarningsZoetis (ZTS) released earnings per share at 1.26 USD, compared to market expectations of 1.04 USD.2021-05-06T14:56:43.657"
Regeneron Pharmaceuticals earnings at 9.89 USD,Earnings,"Regeneron Pharmaceuticals earnings at 9.89 USDUnited States EarningsRegeneron Pharmaceuticals (REGN) released earnings per share at 9.89 USD, compared to market expectations of 8.70 USD.2021-05-06T14:00:02.2"
"Becton, Dickinson and Co. earnings at 3.19 USD",Earnings,"Becton, Dickinson and Co. earnings at 3.19 USDUnited States EarningsBecton, Dickinson and Co. (BDX) released earnings per share at 3.19 USD, compared to market expectations of 3.04 USD.2021-05-06T13:59:55.477"
"US Stocks Mixed, Dow Up for 4th Day",Stock Market,"US Stocks Mixed, Dow Up for 4th DayUnited States Stock MarketThe Dow Jones rose for a fourth straight session to a new all-time high on Thursday, while both the S&P 500 and Nasdaq traded flat to lower. Shares of vaccine makers were under pressure after President Joe Biden said he had backed a WTO waiver for COVID-19 vaccine intellectual property. Meanwhile, economic data pointed to a strong recovery of the US jobs market, as weekly jobless claims dropped more than expected to a new year low; planned layoffs in April were at the lowest level since 2000; and first-quarter labor productivity growth beat market consensus. On the corporate front, PayPal posted better-than-expected earnings; IBM introduced what it says is the world's first 2-nanonmeter chipmaking technology for faster computing; while Uber signaled it would pay drivers more to get cars back on the road and disclosed a $600 million charge to provide UK drivers with benefits.2021-05-06T13:32:00"
Booking Holdings Inc earnings at -5.26 USD,Earnings,"Booking Holdings Inc earnings at -5.26 USDUnited States EarningsBooking Holdings Inc (BKNG) released earnings per share at -5.26 USD, compared to market expectations of -5.97 USD.2021-05-06T12:57:06.763"
US Q1 Nonfarm Labor Costs Fall Less than Expected,Labour Costs,"US Q1 Nonfarm Labor Costs Fall Less than ExpectedUnited States Labour CostsUnit labor costs in the US nonfarm business sector decreased an annualized 0.3 percent in the first quarter of 2021, following a downwardly revised 5.6 percent rise in the previous period and compared with market expectations of a 0.8 percent drop, a preliminary estimate showed.  It is the first decline in labor costs since the third quarter of 2020, reflecting a 5.1 percent increase in hourly compensation and a 5.4 percent gain in productivity. Unit labor costs increased 1.6 percent over the last four quarters, as hourly compensation rose 5.8 percent and productivity increased 4.1 percent. They have also been distorted by the pandemic's disproportionate impact on lower-wage industries.2021-05-06T12:34:00"
Dollar Falls from 2-Week High,Currency,"Dollar Falls from 2-Week HighUnited States CurrencyThe US Dollar Index traded at 91 on Thursday, down from a 2-week high of 91.44 touched in the previous session after Federal Reserve speakers downplayed the risks of higher inflation ahead of the US monthly jobs report due on Friday. Fed's Rosengren said inflationary pressures should be short-lived and should not lead to a pullback in monetary policy; Fed’s Mester said she expects to be deliberately patient unless there is clear evidence that inflation pressures will push inflation to exceed the desired pat; and Chicago Fed President Charles Evans said he expects monetary policy to stay super-easy for some time.  Nonfarm payrolls in the US likely increased by 978,000 last month, the most in 8 months. The US Dollar index rebounded from a 1-month low over the past week, after Treasury Secretary Janet Yellen mentioned that the Fed may have to raise rates to prevent the US economy from overheating. 2021-05-06T10:20:00"
PayPal earnings at 1.22 USD,Earnings,"PayPal earnings at 1.22 USDUnited States EarningsPayPal (PYPL) released earnings per share at 1.22 USD, compared to market expectations of 1.01 USD.2021-05-06T10:12:46.007"
US Weekly Jobless Claims Seen Falling to Lowest in Over a Year,Initial Jobless Claims,"US Weekly Jobless Claims Seen Falling to Lowest in Over a YearUnited States Initial Jobless ClaimsInitial jobless claims are likely to decrease to an over year low of 540 thousand in the May 1st week, as the gradual re-opening of the economy prompted employers to hire more workers to respond to growing demand. The labor market recovery has been supported by the government's $1.9 trillion relief package and the acceleration in the pace of COVID-19 vaccinations. Meanwhile, continuing claims are seen declining to 3.62 million in the April 24th week from 3.66 million the week before, but remaining well above February 2020 levels.2021-05-06T09:53:20.903"
US Dollar Index Holds Near 2-Week Highs,Currency,"US Dollar Index Holds Near 2-Week HighsUnited States CurrencyThe US Dollar Index added 0.047 points or 0.05% to 91.313 in early trade Thursday, up for the second consecutive session and hovering near two-week highs after Treasury Secretary Janet Yellen mentioned that the Fed may have to raise rates to prevent the US economy from overheating, only to backtrack on her remarks later in the session. Local 10-year rates held at 1.582% as recent data showed the US private sector hired 742 thousand workers in April, the most since September last year while the US services sector activity growth eased from an all-time high likely restrained by shortages of inputs. Traders will now turn attention to non-farm payrolls data due later in the week.2021-05-06T01:00:00"
US Stock Futures Trade Steady,Stock Market,"US Stock Futures Trade SteadyUnited States Stock MarketUS Futures traded steady early in the Asian session on Thursday following a record high close in the Dow Jones yesterday, as optimism about the reopening of the economy and strong earnings momentum lifted investor sentiment. Among stocks, shares of Etsy slid 10.06% after-hours despite the company its results beating top and bottom-line estimates for the first quarter, while Zynga lifted 5.52% after-hours. On the data front, US private companies added 742,000 new jobs last month, the most since last September, adding to optimism that the labour market recovery is consolidating. On Wednesday, The S&P 500 rose 0.1% to 4,167.59. The Nasdaq Composite fell 0.4% to 13,582.42 for its fourth straight negative session and longest daily losing streak since October, while the Dow gained 97.31 points, or 0.3%, to a record 34,230.34.2021-05-06T00:52:00"
Uber earnings at -0.06 USD,Earnings,"Uber earnings at -0.06 USDUnited States EarningsUber (UBER) released earnings per share at -0.06 USD, compared to market expectations of -0.54 USD.2021-05-05T20:48:00.28"
US Crude Stocks Post Biggest Fall in Over 3 Months,Crude Oil Stocks Change,"US Crude Stocks Post Biggest Fall in Over 3 MonthsUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 7.99 million barrels in the April 30th week, the largest decline since mid-January and compared with market forecasts of a 2.346 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 0.737 million barrels, defying market expectations of a 0.652 million decrease.2021-05-05T14:36:58.787"
Dollar Hovers Near Two-Week High,Currency,"Dollar Hovers Near Two-Week HighUnited States CurrencyThe US Dollar Index was up for the second consecutive session to trade above 91.3 on Wednesday, hovering near two-week highs after Treasury Secretary Janet Yellen mentioned that the Fed may have to raise rates to prevent the US economy from overheating, only to backtrack on her remarks later in the session. Recent data showed the US private sector hired 742 thousand workers in April, the most since September last year while the US services sector activity growth eased from an all-time high likely restrained by shortages of inputs. 2021-05-05T14:23:00"
US Services Sector Expands at Record Pace: Markit,Services PMI,"US Services Sector Expands at Record Pace: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 64.7 in April 2021, from a preliminary estimate of 63.1, signaling the sharpest pace of expansion in the sector since data collection began in late-2009. New business rose at the most marked pace on record, supported by a solid increase in new export orders, and the pace of job creation was the fastest since last November. On the price front, input costs advanced at an unprecedented rate, due to hikes in supplier prices and greater transportation fees; while the rate of charge inflation quickened for the fourth month running and was the steepest since data collection for the series began in October 2009. Business expectations remained optimistic in April, as hopes of an end to COVID-19 measures as 2021 progresses drove confidence in future activity.2021-05-05T13:52:53.023"
US April Composite PMI Revised Higher,Composite PMI,"US April Composite PMI Revised HigherUnited States Composite PMIThe IHS Markit US Composite PMI was revised higher to 63.5 in April of 2021 from a preliminary estimate of 62.2 and above March's 59.7, to signal the sharpest upturn in private sector output since data collection began in October 2009. The overall expansion was supported by faster growth in both manufacturing and service sector activity. New business growth was the steepest on record and new export sales rose at the fastest rate since data collection for the series began in September 2014. Companies indicated a sharp upturn in employment amid a marked accumulation in backlogs of work. Pressure on capacity led to the second-strongest rise in workforce numbers on record. On the price front, private sector firms registered unprecedented increases in input costs and output charges. Meanwhile, business confidence moderated slightly but remained historically elevated, weighed down by concerns regarding supply chain disruptions and potential strain on future operating capacity.2021-05-05T13:48:00"
US 10-Year Treasury Note Yield Slightly Higher,Government Bond 10Y,"US 10-Year Treasury Note Yield Slightly HigherUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury edged higher to 1.6% on Wednesday, after the US Treasury said it will keep its coupon issuance steady over the coming quarter, and that declines in outstanding Treasury bills should slow. The Treasury also said it expects Congress to raise or suspend the debt limit in a timely manner, and that it may take certain extraordinary measures to continue to finance the government on a temporary basis if it does not happen. Elsewhere, Treasury Secretary Yellen said on Tuesday that she does not anticipate inflation to be a problem, downplaying her earlier comments that an overheating economy could warrant higher interest rates.2021-05-05T13:27:16.313"
Sempra Energy earnings at 2.95 USD,Earnings,"Sempra Energy earnings at 2.95 USDUnited States EarningsSempra Energy (SRE) released earnings per share at 2.95 USD, compared to market expectations of 2.64 USD.2021-05-05T11:47:48.877"
US Dollar Index Holds Near 2-Week Highs,Currency,"US Dollar Index Holds Near 2-Week HighsUnited States CurrencyThe US Dollar Index rose to 91.4 in early trade Wednesday, holding near 2-week highs as inflation fears intensified after Treasury Secretary Janet Yellen mentioned that the Fed may have to raise rates to prevent the US economy from overheating, only to backtrack on her remarks later in the session. US 10-year bond yields were at 1.594%. In local data, the US trade deficit jumped to a record high in March amid booming domestic demand, which is drawing in imports, bolstering the view that the US economic activity is rebounding faster than its G10 peers. A sharp increase in private spending and the lowest new jobless claims in a year also reinforced such a view. The Greenback’s safe-haven appeal was also boosted amid mounting coronavirus cases worldwide, with India reporting more than 300,000 new infections for the twelfth straight day.2021-05-05T01:01:00"
US Stock Futures Edge Higher After Selloff,Stock Market,"US Stock Futures Edge Higher After SelloffUnited States Stock MarketUS Futures ticked higher in early Asian trade, recovering after the Nasdaq Composite fell almost 2% for its worst day since March amid a broader market sell-off led by the technology sector. Tech stocks ended deep in negative territory. Apple fell 3.5%. Google-parent Alphabet lost 1.6%, Facebook shed 1.3% and electric car maker Tesla dropped 1.7%, while economically sensitive stocks enjoyed modest gains. Local 10-year rates were at 1.594% as worries about inflation and higher taxes once again kept sentiment as Treasury Secretary Janet Yellen said Tuesday she sees no inflation problem brewing, downplaying earlier comments that rate hikes may be needed to stop the economy overheating as President Joe Biden’s spending plans boost growth. On Tuesday, the Dow Jones Industrial Average rose 0.06%, the S&P 500 lost 0.67% and the Nasdaq Composite dropped 1.88%.2021-05-05T00:54:02.787"
US Crude Stocks Fall by Most Since October,API Crude Oil Stock Change,"US Crude Stocks Fall by Most Since OctoberUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 7.7 million barrels in the week ended April 30th of 2021, following a 4.3 million gain in the previous week, data from the American Petroleum Institute showed. It was the biggest draw since the week ended October 30th.2021-05-04T20:58:00"
Activision Blizzard earnings at 0.84 USD,Earnings,"Activision Blizzard earnings at 0.84 USDUnited States EarningsActivision Blizzard (ATVI) released earnings per share at 0.84 USD, compared to market expectations of 0.69 USD.2021-05-04T20:44:17.447"
T-Mobile Us earnings at 0.92 USD,Earnings,"T-Mobile Us earnings at 0.92 USDUnited States EarningsT-Mobile Us (TMUS) released earnings per share at 0.92 USD, compared to market expectations of 0.55 USD.2021-05-04T20:22:25.86"
Nasdaq Falls 2% as Tech Stocks Sell Off,Stock Market,"Nasdaq Falls 2% as Tech Stocks Sell Off United States Stock MarketUS stocks closed mostly lower Tuesday, with the Nasdaq Composite falling almost 2% for its worst day since March amid a broader market sell-off led by the technology sector. All six major tech names Microsoft, Amazon, Alphabet, Facebook, Tesla, and Apple, ended deep in negative territory, while those economically sensitive stocks enjoyed modest gains. With much of the good news on the corporate earnings and economic front already priced into the market, worries about inflation and higher taxes once again kept sentiment subdued. Meanwhile, Treasury Secretary Janet Yellen conceded Tuesday that interest rates could have to rise somewhat to prevent the economy from overheating.2021-05-04T20:01:00"
NASDAQ 100 Hits 4-week Low,Stock Market,NASDAQ 100 Hits 4-week LowUnited States Stock MarketNASDAQ 100 decreased to a 4-week low of 135322021-05-04T14:04:19.367
Wall Street Dips Led By Tech Sell-Off,Stock Market,"Wall Street Dips Led By Tech Sell-OffUnited States Stock MarketUS stocks traded in the red on Tuesday, with high values technology firms leading the losses. Still, main indexes remained at record-high levels helped by a strong earnings season, a dovish Federal Reserve and President Biden's massive stimulus plans. On the corporate front, Pfizer and ConocoPhilips reported better-than-expected quarterly results, while CVS Health raised its 2021 guidance. United States Steel was also up after Credit Suisse upgraded the stock to outperform from underperform. Meanwhile, economic data showed the US trade deficit and imports hit all-time highs in March, while the ISM PMI survey showed Monday the manufacturing sector expanded less than forecast in April.2021-05-04T13:37:00"
US Imports Soar to Record High,Imports,"US Imports Soar to Record High United States ImportsImports to the United States surged 6.3 percent from a month earlier to a record high of USD 274.5 billion in March of 2021, led by higher purchases of consumer goods (up USD 4.5 billion), in particular other textile apparel and household goods (up USD 1.2 billion). Imports also rose for industrial supplies and materials (up USD 3.7 billion), capital goods (up USD 3.3 billion) and automotive vehicles, parts, and engines (up USD 2 billion). Also, imports of services increased USD 1.1 billion to USD 40.0 billion in March, driven by both transport (up USD 0.9 billion) and travel (up USD 0.1 billion).2021-05-04T12:36:00"
US Exports Jump 6.6% to 13-Month High,Exports,"US Exports Jump 6.6% to 13-Month HighUnited States ExportsExports from the United States jumped 6.6 percent from a month earlier to USD 200 billion in March of 2021, the highest since February 2020. Sales rose for industrial supplies and materials (up USD 5.2 billion) led by nonmonetary gold (up USD 3.4 billion); capital goods (up USD 2.9 billion) such as semiconductors (up USD 0.4 billion) and electric apparatus (up USD 0.4 billion); and consumer goods (up USD 2 billion). Also, exports of services increased USD 0.8 billion to USD 57.1 billion in March, driven by travel (up USD 0.4 billion), transport (up USD 0.3 billion) and financial services (up USD 0.1 billion).2021-05-04T12:34:00"
Global Payments earnings at 1.82 USD,Earnings,"Global Payments earnings at 1.82 USDUnited States EarningsGlobal Payments (GPN) released earnings per share at 1.82 USD, compared to market expectations of 1.77 USD.2021-05-04T12:02:29.027"
ConocoPhillips earnings at 0.69 USD,Earnings,"ConocoPhillips earnings at 0.69 USDUnited States EarningsConocoPhillips (COP) released earnings per share at 0.69 USD, compared to market expectations of 0.57 USD.2021-05-04T12:02:07.907"
Dominion Resources earnings at 1.09 USD,Earnings,"Dominion Resources earnings at 1.09 USDUnited States EarningsDominion Resources (D) released earnings per share at 1.09 USD, compared to market expectations of 1.08 USD.2021-05-04T12:02:06.567"
CVS Health earnings at 2.04 USD,Earnings,"CVS Health earnings at 2.04 USDUnited States EarningsCVS Health (CVS) released earnings per share at 2.04 USD, compared to market expectations of 1.72 USD.2021-05-04T12:02:05.413"
US Stocks Set to Open Lower,Stock Market,"US Stocks Set to Open LowerUnited States Stock MarketUS stock index futures pointed to a negative start on Tuesday, with high values technology firms including Microsoft, Alphabet, Apple, Amazon.com and Facebook falling in premarket trading as investors turn to companies that are likely to benefit more from the reopening of the economy. On the corporate front, Pfizer reported better-than-expected quarterly results and raised its annual sales forecast for its COVID-19 vaccine. Stock markets have been trading at record-high levels helped by a strong earnings season, a dovish Federal Reserve and President Biden's massive stimulus plans. On a more negative note, the ISM PMI survey showed Monday the US manufacturing sector expanded less than forecast in April on the back of slower growth rates for both new orders and employment.2021-05-04T11:55:00"
Pfizer earnings at 0.93 USD,Earnings,"Pfizer earnings at 0.93 USDUnited States EarningsPfizer (PFE) released earnings per share at 0.93 USD, compared to market expectations of 0.78 USD.2021-05-04T11:45:00"
US 10-Year Treasury Note Yield Falls Below 1.6%,Government Bond 10Y,"US 10-Year Treasury Note Yield Falls Below 1.6%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note dropped to 1.56% on Tuesday, easing further from an over two-week high of 1.69% hit on Thursday, as inflation concerns eased following a disappointing report on US manufacturing activity and after US Treasury Secretary Janet Yellen said on Sunday that Biden's plans for infrastructure would not boost prices. Investors now brace for a busy week for US economic data including the ISM Non-Manufacturing PMI, foreign trade balance and April payrolls. Last week, investors welcomed US President Biden's $1.8 trillion stimulus package proposal and the dovish stance of the Federal Reserve, as well as upbeat data showing the US GDP increased at a 6.4% annualized rate last quarter and weekly jobless claims dropped to an over year low.2021-05-04T08:18:00"
US Stock Futures Hover Near Record Highs,Stock Market,"US Stock Futures Hover Near Record HighsUnited States Stock MarketUS stock futures were little changed on Tuesday, hovering near their record levels after modest gains in the previous session. Federal Reserve chair Jerome Powell on Monday said the US economy was doing better but was ""not out of the woods yet"". On the bond market, US Treasury yields fell on Monday after data showed manufacturing activity growth slowing in April amid supply chain challenges and rising demand fueled by the COVID-19 vaccine rollout and fiscal aid. Traders now anticipate services data due on Wednesday and non-farm payroll numbers on Friday. On Monday, the Dow rose 0.7% to close at 34,113, while the S&P 500 went up 0.27% to 4,193. In contrast, the Nasdaq Composite fell 0.48% to 13,895. 2021-05-04T06:09:00"
US Stock Futures Hold Near Record Peaks,Stock Market,"US Stock Futures Hold Near Record PeaksUnited States Stock MarketUS stocks hovered near their record levels in early trade Tuesday, following modest gains in the previous session as investors moved into shares that would benefit the most from an economic reopening as the US continued to relax pandemic restrictions amid the vaccine rollout. Local 10-year bond yields were at 1.604% after the ISM Manufacturing PMI fell below market forecasts as shortages of inputs likely constrained production. Still, the latest reading pointed to expansion in the manufacturing sector for the 11th month. Strong earnings momentum also reinforced a positive narrative of economic strength, while a sharp increase in private spending and the lowest new jobless claims in a year bolstered the view that 2021 could see the best economic growth in nearly four decades. On Monday, the Dow rose 0.7% to close at 34,113.23 points, while the S&P 500 gained 0.27% to 4,192.66. The Nasdaq Composite dropped 0.48%, to 13,895.12, underperforming as investors dropped technology shares.2021-05-04T00:35:35.833"
Berkshire Hathaway earnings at 7638 USD,Earnings,Berkshire Hathaway earnings at 7638 USDUnited States EarningsBerkshire Hathaway (BRKa) released earnings per share at 7638 USD.2021-05-03T16:28:00
Berkshire Hathaway B earnings at 5.09 USD,Earnings,"Berkshire Hathaway B earnings at 5.09 USDUnited States EarningsBerkshire Hathaway B (BRKb) released earnings per share at 5.09 USD, compared to market expectations of 2.55 USD.2021-05-03T16:24:23.91"
Estée Lauder earnings at 1.62 USD,Earnings,"Estée Lauder earnings at 1.62 USDUnited States EarningsEstée Lauder (EL) released earnings per share at 1.62 USD, compared to market expectations of 1.32 USD.2021-05-03T11:33:55.43"
Enterprise Products Partners earnings at 0.64 USD,Earnings,"Enterprise Products Partners earnings at 0.64 USDUnited States EarningsEnterprise Products Partners (EPD) released earnings per share at 0.64 USD, compared to market expectations of 0.48 USD.2021-05-03T10:32:19.053"
DXY Remains Under Pressure,Currency,"DXY Remains Under PressureUnited States CurrencyThe US Dollar Index was down for the 2nd consecutive session to trade below 91 on Monday, extending more than a 2% decline in April as optimism about global recovery boosted interest in riskier assets. Currencies with strong ties to commodity prices led by the Brazilian real bounced up strongly. Also, the Euro gained ground as investors expect the blocks GDP to recover as the economies are set to reopen gradually with the vaccination campaigns gathering pace. 2021-05-03T09:53:00"
US 10-Year Treasury Note Yield Eases in May,Government Bond 10Y,"US 10-Year Treasury Note Yield Eases in MayUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged lower to 1.623% on Monday, easing further from an over two-week high of 1.69% hit on Thursday, ahead of a busy week for US economic data including the ISM PMI surveys and April payrolls. On Sunday, US Treasury Secretary Janet Yellen indicated that President Joe Biden’s plans for infrastructure will not boost inflation as the spending will be phased in over a decade. Last week, investors welcomed US President Biden's $1.8 trillion stimulus package proposal and the dovish stance of the Federal Reserve, as well as upbeat data showing the US GDP increased at a 6.4% annualized rate last quarter and weekly jobless claims dropped to an over year low.2021-05-03T09:15:36.227"
US Dollar Index Eases,Currency,"US Dollar Index EasesUnited States CurrencyThe US Dollar Index was little-changed at 91.3 in early trade Monday, following declines of more than 2% over April for the first monthly decline this year as prospects of further massive stimulus for the US economy and better than expected macro data lifted recovery hopes, while Treasury Secretary Janet Yellen attempted to ease inflation concerns Sunday, insisting that the Federal Reserve is able to handle any inflation that results from expanded fiscal spending. Local 10-year rates eased to 1.626%. Last week, data showed the US economy expanded at a 6.4% annualized rate in the first quarter, the second-fastest growth since the third quarter of 2003, while US initial claims for state unemployment benefits fell to a fresh pandemic-era low but were higher than expected. Throughout the week, traders will be focused on local manufacturing PMIs, non-farm payrolls and unemployment data.2021-05-03T01:17:00"
US Stock Futures Gain,Stock Market,"US Stock Futures GainUnited States Stock MarketUS futures moved higher in early Asian deals on Monday, following a retreat from record highs hit last week amid a broader market sell-off led by the energy sector Friday, as attention returned to rising coronavirus cases and heightened inflation fears. On Sunday, Treasury Secretary Janet Yellen attempted to ease concerns, insisting that the Federal Reserve is able to handle any inflation that results from President Biden’s US$6 trillion spending bill. Local 10-year rates eased to 1.622%. Meantime, earnings season continues this week with Uber and Lyft among the major companies to report Q1 earnings. Throughout the week, traders will be focused on local manufacturing PMIs, non-farm payrolls and unemployment data. Despite Friday’s weakness in equities, the S&P 500 rose nearly 5.3% in April, while the Dow added about 2.7% and the Nasdaq gained 5.4%.
.2021-05-03T00:28:00"
Berkshire Hathaway B earnings at 5.09 USD,Earnings,"Berkshire Hathaway B earnings at 5.09 USDUnited States EarningsBerkshire Hathaway B (BRKb) released earnings per share at 5.09 USD, compared to market expectations of 2.55 USD.2021-05-02T04:46:53.567"
Berkshire Hathaway earnings at 7638.00 USD,Earnings,"Berkshire Hathaway earnings at 7638.00 USDUnited States EarningsBerkshire Hathaway (BRKa) released earnings per share at 7638.00 USD, compared to market expectations of 3818.20 USD.2021-05-02T04:46:48.823"
US Consumer Sentiment Revised Higher,Consumer Confidence,"US Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to 88.3 in April of 2021 from a preliminary of 86.5 and above market expectations of 87.4. It was the highest reading since March 2020 due to a growing sense that the upward momentum in jobs and incomes will persist propelled by record federal stimulus spending and a growing share of the population who are vaccinated. There was an improvement in the expectations component (82.7 vs 79.7 in the preliminary release) while the assessment of current economic conditions remained unchanged at 97.2. On the price front, inflation expectations for the year ahead were revised lower to 3.4 percent from 3.7 percent and those for the next 5 years were unchanged at 2.7 percent. Overall, the data indicate an exceptional outlook for consumer spending through mid-2022.2021-04-30T14:04:00"
Dollar Bounces Off Two-Month Lows,Currency,"Dollar Bounces Off Two-Month LowsUnited States CurrencyThe greenback has managed to bounce off its two-month lows on Friday, consolidating around the 91.20 level, as a shift in risk appetite favoured safe-haven flows while the overall outperformance of the US economy relative to the rest of the world exacerbated this buying spree. The US economy advanced at an annual rate of 6.4% in the first quarter of 2021, reflecting the continued economic recovery, with recent data, including upbeat personal income and spending figures, pointing that way. It marks a sharp contrast with the eurozone, where renewed lockdown measures to stop the pandemic’s spread pushed the block into a double-dip recession. The Federal reserve also painted a rosier picture of the economy but noted it was too early to consider rolling back its emergency support. Turning to the big picture, the USD ended April more than 2% down, which marks the first monthly decline in 2021. 
2021-04-30T13:09:00"
US PCE Price Index Rises for 4th Month,PCE Price Index Monthly Change,"US PCE Price Index Rises for 4th MonthUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States rose 0.5 percent month-over-month in March of 2021, accelerating from a 0.2 percent increase in February. Excluding food and energy, PCE prices edged up 0.4 percent, following a 0.1 percent gain. Year-on-year, the PCE price index advanced 2.3 percent, the most since 2018; and the core index increased 1.8 percent.2021-04-30T12:39:00"
US Personal Spending Rises Most in 9 Months,Personal Spending,"US Personal Spending Rises Most in 9 MonthsUnited States Personal SpendingPersonal spending in the United States jumped 4.2 percent from a month earlier in March 2021, following a 1.0 percent fall in February and slightly beating market consensus of a 4.1 percent growth. It was the largest increase in consumption since June 2020, as households received an additional round of direct economic impact payments from the government. Spending on goods was supported by both nondurable, led by “other” nondurable goods, which includes recreational items like games, toys, and hobbies, and durable goods, in particular motor vehicles and parts. In addition, the largest contributor to the increase in spending on services was spending for food services and accommodations.2021-04-30T12:34:00"
US Employment Costs Rise More than Expected,Employment Cost Index,"US Employment Costs Rise More than ExpectedUnited States Employment Cost IndexCompensation costs for civilian workers in the US rose 0.9 percent on quarter in the three months to March 2021, accelerating from a 0.7 percent gain in the previous period and above market expectations of a 0.7 percent gain. Wages and salaries increased 1.0 percent and benefit costs went up 0.6 percent from December 2020.2021-04-30T12:31:00"
Illinois Tool Works earnings at 2.11 USD,Earnings,"Illinois Tool Works earnings at 2.11 USDUnited States EarningsIllinois Tool Works (ITW) released earnings per share at 2.11 USD, compared to market expectations of 1.90 USD.2021-04-30T12:19:19.27"
L3Harris Technologies Inc earnings at 3.18 USD,Earnings,"L3Harris Technologies Inc earnings at 3.18 USDUnited States EarningsL3Harris Technologies Inc (LHX) released earnings per share at 3.18 USD, compared to market expectations of 2.92 USD.2021-04-30T12:08:35.52"
Charter Communications earnings at 4.11 USD,Earnings,"Charter Communications earnings at 4.11 USDUnited States EarningsCharter Communications (CHTR) released earnings per share at 4.11 USD, compared to market expectations of 4.34 USD.2021-04-30T12:08:30.217"
Chevron earnings at 0.90 USD,Earnings,"Chevron earnings at 0.90 USDUnited States EarningsChevron (CVX) released earnings per share at 0.90 USD, compared to market expectations of 0.92 USD.2021-04-30T12:08:23.757"
Exxon Mobil earnings at 0.65 USD,Earnings,"Exxon Mobil earnings at 0.65 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 0.65 USD, compared to market expectations of 0.59 USD.2021-04-30T12:08:23.1"
Colgate-Palmolive earnings at 0.80 USD,Earnings,"Colgate-Palmolive earnings at 0.80 USDUnited States EarningsColgate-Palmolive (CL) released earnings per share at 0.80 USD, compared to market expectations of 0.80 USD.2021-04-30T12:08:23.037"
AbbVie earnings at 2.95 USD,Earnings,"AbbVie earnings at 2.95 USDUnited States EarningsAbbVie (ABBV) released earnings per share at 2.95 USD, compared to market expectations of 2.77 USD.2021-04-30T12:08:19.153"
Dollar Heads for 4th Straight Week of Losses,Currency,"Dollar Heads for 4th Straight Week of LossesUnited States CurrencyThe dollar index stood at 90.8 against a basket of major peers on Friday, not far from a two-month low of 90.4 hit on Thursday and heading for a fourth straight weekly decline, which would be its longest streak of losses since last July. The greenback was also on course to end the month 2.7% lower, which would also be the biggest decline since July's 4% slump. The US Federal Reserve Wednesday kept its easy money policy in place, despite noting the economic strength as well as inflation that is on the rise, while US President Biden proposed a new $1.8 trillion plan that would see an increase in investment income tax. On the economic data front, the US economy grew at a 6.4% annualized rate in the first quarter, the second-fastest growth since the third quarter of 2003.2021-04-30T09:59:00"
US 10-Year Treasury Note Yield Remains Close to 2-Week High,Government Bond 10Y,"US 10-Year Treasury Note Yield Remains Close to 2-Week HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note stood at 1.64% on Friday, not far from an over two-week high of 1.69% hit on Thursday. Investors welcomed US President Biden's $1.8 trillion stimulus package proposal, which would raise spending on education and childcare and would be financed by increasing the top marginal tax rate for the wealthiest Americans. At the same time, upbeat economic data showed the US GDP increased at a 6.4% annualized rate last quarter and weekly jobless claims dropped to an over year low. Elsewhere, Federal Reserve Chairman Jerome Powell said on Wednesday it was too soon to talk about tapering bond purchases, despite the improving outlook. Auctions held in recent weeks were met with sufficient demand, easing fears that investors would struggle to soak up the flood of supply hitting the market.2021-04-30T08:52:00"
US Dollar Index Lifts from 9-Week Lows,Currency,"US Dollar Index Lifts from 9-Week LowsUnited States CurrencyThe US Dollar Index held at 90.659 in early trade Friday, lifting slightly off 9-week lows as US Treasury bond yields ticked higher following better-than-expected weekly jobless claims numbers and upbeat GDP figures. Local 10-year bond were at 2-week highs of 1.654%. In local data, gross domestic product increased at a 6.4% annualized rate in the first quarter, the second-fastest growth since the third quarter of 2003, US initial claims for state unemployment benefits fell to a fresh pandemic-era low but were higher than expected. Earlier this week, US President Biden proposed a new US$1.8 trillion plan that would see an increase in investment income tax, while the US Federal Reserve Wednesday kept its easy money policy in place, despite noting the economic strength as well as inflation that is on the rise.
.2021-04-30T00:51:47.747"
US Stock Futures Ease From Fresh Record Highs,Stock Market,"US Stock Futures Ease From Fresh Record HighsUnited States Stock MarketUS Futures eased in early Asian trade Friday following a fresh record high close as investors digested a deluge of corporate earnings results, while better-than-expected weekly jobless claims numbers and upbeat GDP figures reinforced prospects of an accelerating economic recovery. Among stocks, Amazon popped 2.35% after-hours after reporting Q1 earnings of $8.11 billion, trouncing expectations yet again as it continues to provide services greatly needed during the COVID-19 pandemic, namely e-commerce and cloud computing. Twitter plunged 11.51% in after-hours trading after missing on user growth expectations. Meantime, the Federal Reserve also painted a rosier picture of the economy but said it was too early to consider rolling back its emergency support. On Thursday, The Dow closed up 0.71%, while the S&P 500 advanced 0.7% to finish the day at a new closing high. The tech-heavy Nasdaq Composite added 0.22%.2021-04-30T00:30:00"
Digital Realty earnings at 1.67 USD,Earnings,"Digital Realty earnings at 1.67 USDUnited States EarningsDigital Realty (DLR) released earnings per share at 1.67 USD, compared to market expectations of 1.59 USD.2021-04-29T20:30:29.947"
Vertex Pharmaceuticals earnings at 2.98 USD,Earnings,"Vertex Pharmaceuticals earnings at 2.98 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 2.98 USD, compared to market expectations of 2.70 USD.2021-04-29T20:09:37.92"
Gilead Sciences earnings at 2.08 USD,Earnings,"Gilead Sciences earnings at 2.08 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 2.08 USD, compared to market expectations of 2.06 USD.2021-04-29T20:09:36.843"
Amazon earnings at 15.79 USD,Earnings,"Amazon earnings at 15.79 USDUnited States EarningsAmazon (AMZN) released earnings per share at 15.79 USD, compared to market expectations of 9.54 USD.2021-04-29T20:07:06.82"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 42182021-04-29T13:31:04.567
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 140652021-04-29T13:31:03.457
US 10-Year Treasury Yield Rises to Over 2-Week High after GDP Data,Government Bond 10Y,"US 10-Year Treasury Yield Rises to Over 2-Week High after GDP DataUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose to an over 2-week high of 1.677% on Thursday, after GDP data showed the US economy advanced 6.4% in the first quarter helped by strong consumer spending. Meantime, the Labor Department said that new jobless applications declined to another pandemic low. On Wednesday, the Federal Reserve left rates and asset purchases unchanged, despite acknowledging an improving economic outlook and a rise in inflation. In addition, US President Biden proposed a $1.8 trillion stimulus package, pleading to raise taxes on wealthy Americans to help pay for his ""American Families Plan"". Auctions held in recent weeks were met with sufficient demand, easing fears that investors would struggle to soak up the flood of supply hitting the market.2021-04-29T12:52:00"
Mastercard earnings at 1.74 USD,Earnings,"Mastercard earnings at 1.74 USDUnited States EarningsMastercard (MA) released earnings per share at 1.74 USD, compared to market expectations of 1.55 USD.2021-04-29T12:16:52.317"
S&P Global Inc earnings at 3.39 USD,Earnings,"S&P Global Inc earnings at 3.39 USDUnited States EarningsS&P Global Inc (SPGI) released earnings per share at 3.39 USD, compared to market expectations of 3.13 USD.2021-04-29T12:06:26.677"
Baxter International earnings at 0.76 USD,Earnings,"Baxter International earnings at 0.76 USDUnited States EarningsBaxter International (BAX) released earnings per share at 0.76 USD, compared to market expectations of 0.64 USD.2021-04-29T12:06:17.47"
Newmont Mining earnings at 0.74 USD,Earnings,"Newmont Mining earnings at 0.74 USDUnited States EarningsNewmont Mining (NEM) released earnings per share at 0.74 USD, compared to market expectations of 0.75 USD.2021-04-29T12:06:12.837"
Intercontinental Exchange earnings at 1.34 USD,Earnings,"Intercontinental Exchange earnings at 1.34 USDUnited States EarningsIntercontinental Exchange (ICE) released earnings per share at 1.34 USD, compared to market expectations of 1.30 USD.2021-04-29T12:06:09.543"
American Tower earnings at 2.46 USD,Earnings,"American Tower earnings at 2.46 USDUnited States EarningsAmerican Tower (AMT) released earnings per share at 2.46 USD, compared to market expectations of 2.32 USD.2021-04-29T12:06:08.873"
Thermo Fisher Scientific earnings at 7.21 USD,Earnings,"Thermo Fisher Scientific earnings at 7.21 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 7.21 USD, compared to market expectations of 6.69 USD.2021-04-29T12:06:08.187"
Comcast earnings at 0.76 USD,Earnings,"Comcast earnings at 0.76 USDUnited States EarningsComcast (CMCSA) released earnings per share at 0.76 USD, compared to market expectations of 0.59 USD.2021-04-29T12:06:06.22"
Northrop Grumman earnings at 6.57 USD,Earnings,"Northrop Grumman earnings at 6.57 USDUnited States EarningsNorthrop Grumman (NOC) released earnings per share at 6.57 USD, compared to market expectations of 5.48 USD.2021-04-29T12:06:05.567"
Southern Co. earnings at 0.98 USD,Earnings,"Southern Co. earnings at 0.98 USDUnited States EarningsSouthern Co. (SO) released earnings per share at 0.98 USD, compared to market expectations of 0.85 USD.2021-04-29T12:06:02.913"
Kraft Heinz earnings at 0.72 USD,Earnings,"Kraft Heinz earnings at 0.72 USDUnited States EarningsKraft Heinz (KHC) released earnings per share at 0.72 USD, compared to market expectations of 0.60 USD.2021-04-29T12:06:02.257"
McDonalds earnings at 1.92 USD,Earnings,"McDonalds earnings at 1.92 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 1.92 USD, compared to market expectations of 1.81 USD.2021-04-29T12:06:01.617"
Merck & Co earnings at 1.40 USD,Earnings,"Merck & Co earnings at 1.40 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 1.40 USD, compared to market expectations of 1.63 USD.2021-04-29T12:06:00.947"
Altria earnings at 1.07 USD,Earnings,"Altria earnings at 1.07 USDUnited States EarningsAltria (MO) released earnings per share at 1.07 USD, compared to market expectations of 1.04 USD.2021-04-29T12:06:00.307"
Caterpillar earnings at 2.87 USD,Earnings,"Caterpillar earnings at 2.87 USDUnited States EarningsCaterpillar (CAT) released earnings per share at 2.87 USD, compared to market expectations of 1.93 USD.2021-04-29T12:05:59.637"
Bristol-Myers Squibb earnings at 1.74 USD,Earnings,"Bristol-Myers Squibb earnings at 1.74 USDUnited States EarningsBristol-Myers Squibb (BMY) released earnings per share at 1.74 USD, compared to market expectations of 1.80 USD.2021-04-29T12:05:58.997"
US Weekly Jobless Claims Seen Rising to 549K,Initial Jobless Claims,"US Weekly Jobless Claims Seen Rising to 549KUnited States Initial Jobless ClaimsInitial jobless claims are likely to increase to 549 thousand in the April 24th week, not far from an over year low of 547 thousand recorded in the previous period. The labor market has been supported by the gradual re-opening of the economy, helped by the White House's massive $1.9 trillion pandemic rescue package and an acceleration in the pace of COVID-19 vaccinations. Meanwhile, continuing claims are seen declining to 3.61 million in the April 17th week from 3.67 million the week before, but remaining well above February 2020 levels.2021-04-29T09:36:24.373"
US 10-Year Treasury Yield Hits 2-Week High,Government Bond 10Y,"US 10-Year Treasury Yield Hits 2-Week HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note briefly touched a two-week high of 1.665% on Thursday ahead of GDP and jobless claims data. The Federal Reserve left rates and asset purchases unchanged, despite acknowledging an improving economic outlook and a rise in inflation. In addition, US President Biden proposed a $1.8 trillion stimulus package, pleading to raise taxes on wealthy Americans to help pay for his ""American Families Plan."" Auctions held in recent weeks were met with sufficient demand, easing fears that investors would struggle to soak up the flood of supply hitting the market.2021-04-29T08:16:00"
S&P 500 CFD hits All-time High,Stock Market,"S&P 500 CFD hits All-time HighUnited States Stock MarketUS futures hit fresh all-time highs early in the Asian session on Thursday, following slight declines in the previous session as the US Federal Reserve on Wednesday kept its easy money policy in place. Fed Chairman Jerome Powell noted that the recovery is “uneven and far from complete” and while inflation pressures could rise in the coming months, these “one-time increases in prices are likely to only have transitory effects on inflation.” Among stocks, Apple added 2.34% after hours after reporting a better-than-expected quarter, announcing companywide sales up 54% higher than last year. Traders now prepare for the busiest day of the earnings season, with Amazon, Gilead Sciences and Twitter set to post quarterly results after the market closes. On Wednesday, the Dow slid 165 points for a loss of 0.48%. The S&P 500 closed 0.08% lower despite touching an intraday record high. The Nasdaq Composite declined 0.28%.2021-04-29T00:55:00"
Dollar Trades at 9-Week Lows as Fed Holds Rates,Currency,"Dollar Trades at 9-Week Lows as Fed Holds RatesUnited States CurrencyThe US Dollar Index was little-changed at 90.6 on Thursday, remaining close to nine-week lows hit earlier in the session, after the US Federal Reserve on Wednesday held interest rates and its monthly bond-buying program steady. Fed Chairman Jerome Powell noted that the recovery is “uneven and far from complete” and while inflation pressures could rise in the coming months, these “one-time increases in prices are likely to only have transitory effects on inflation.” US 10-year rates held around 1.65%. Traders are also looking toward US GDP figures and core personal consumption expenditures price data for March due out later in the week. In other news, consumer confidence jumped to a 14-month high in April, while the house price index rose 12% on-year in February for the biggest gain in 15 years.2021-04-29T00:21:00"
US Stock Futures Trade Near Fresh Record Highs,Stock Market,"US Stock Futures Trade Near Fresh Record HighsUnited States Stock MarketUS futures lifted in early trade in the Asian session on Thursday, following slight declines in the previous session as the US Federal Reserve on Wednesday kept its easy money policy in place. Fed Chairman Jerome Powell noted that the recovery is “uneven and far from complete” and while inflation pressures could rise in the coming months, these “one-time increases in prices are likely to only have transitory effects on inflation.” Among stocks, Apple added 2.34% after hours after reporting a better-than-expected quarter, announcing companywide sales up 54% higher than last year. Traders now prepare for the busiest day of the earnings season, with Amazon, Gilead Sciences and Twitter set to post quarterly results after the market closes. On Wednesday, the Dow slid 165 points for a loss of 0.48%. The S&P 500 closed 0.08% lower despite touching an intraday record high. The Nasdaq Composite declined 0.28%.
.2021-04-29T00:12:00"
Apple earnings at 1.40 USD,Earnings,"Apple earnings at 1.40 USDUnited States EarningsApple (AAPL) released earnings per share at 1.40 USD, compared to market expectations of 1.00 USD.2021-04-28T20:41:49.967"
ServiceNow earnings at 1.52 USD,Earnings,"ServiceNow earnings at 1.52 USDUnited States EarningsServiceNow (NOW) released earnings per share at 1.52 USD, compared to market expectations of 1.34 USD.2021-04-28T20:30:54.117"
Equinix earnings at 6.98 USD,Earnings,"Equinix earnings at 6.98 USDUnited States EarningsEquinix (EQIX) released earnings per share at 6.98 USD, compared to market expectations of 6.63 USD.2021-04-28T20:19:58.863"
Qualcomm earnings at 1.90 USD,Earnings,"Qualcomm earnings at 1.90 USDUnited States EarningsQualcomm (QCOM) released earnings per share at 1.90 USD, compared to market expectations of 1.67 USD.2021-04-28T20:08:08.463"
Facebook earnings at 3.30 USD,Earnings,"Facebook earnings at 3.30 USDUnited States EarningsFacebook (FB) released earnings per share at 3.30 USD, compared to market expectations of 2.33 USD.2021-04-28T20:08:04.483"
10-Year Treasury Yield Edges Higher as Fed Sees Improving Outlook,Government Bond 10Y,"10-Year Treasury Yield Edges Higher as Fed Sees Improving OutlookUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note briefly inched up to 1.65% before slipping back to 1.64% on Wednesday after the Federal Reserve left rates and asset purchases unchanged but acknowledged an improving economic outlook and a rise in inflation. Meanwhile, US President Biden is expected to unveil an American Families Plan worth about $1.8 trillion which should include spending on pre-school education, paid medical leave and expanded child tax credit. Auctions held in recent weeks were met with sufficient demand, easing fears that investors would struggle to soak up the flood of supply hitting the market.2021-04-28T18:23:00"
Dollar Shrugs off a Dovish Fed,Currency,"Dollar Shrugs off a Dovish FedUnited States CurrencyThe dollar index kept the bearish note on Wednesday, hovering around a two-month low of 90.60 and reacting to another dovish stance from the US Central Bank. The Federal Reserve held interest rates and its monthly bond-buying program steady despite the improving economic outlook and giving no sign about when it may begin to tapering. Aside from the Fed, diminished enthusiasm on the US reflation trade and a soft note in Treasury yields spooked investors away from the greenback. A recent slew of upbeat economic data reinforced the view that 2021 could see the best economic growth in nearly four decades. However, such outperformance of the US economy no longer impressed investors, with this risk-positive market environment limiting any major upside push. 2021-04-28T18:13:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 41942021-04-28T13:56:24.287
Wall Street Wavers as Investors Eye Earnings and the Fed,Stock Market,"Wall Street Wavers as Investors Eye Earnings and the FedUnited States Stock MarketUS stocks traded on a cautious note with the S&P 500 rising marginally to hit a new high and the Dow falling almost 0.5% as investors digest big-tech earnings and await Fed's monetary policy decision later. Shares of Alphabet were up more than 5% after the company reported better-than-expected earnings, while Microsoft fell more than 2% even after posting its largest revenue growth since 2018. Apple and Facebook are due to report today after the closing bell. Meanwhile, Boeing posted a bigger-than-expected loss in Q1 while revenues topped expectations. Investors will also keep a close watch on President Biden's speech to Congress as he is set to propose a $1.8 trillion plan aimed at families and tax hikes for the wealthiest Americans. 2021-04-28T13:34:00"
"US Futures Mixed on Earnings, Fed Decision",Stock Market,"US Futures Mixed on Earnings, Fed DecisionUnited States Stock MarketUS futures swung between small gains and losses on Wednesday as investors digest big-tech earnings and await Fed's monetary policy decision later in the day. Shares of Alphabet were up more than 5% in premarket trading after the company reported better-than-expected earnings, while Microsoft fell more than 2% even after posting its largest revenue growth since 2018. Apple and Facebook are due to report today after the closing bell. Meanwhile, Boeing posted a bigger-than-expected loss in Q1 while revenues topped expectations. Investors will also keep a close watch on President Biden speech to Congress as he will unveil a $1.8 trillion proposal that includes new spending on child care, education and paid leave. On Tuesday, the Dow rose 3 points, the S&P 500 closed flat after notching an all-time high earlier in the week, while the Nasdaq fell 0.34%.2021-04-28T12:59:00"
US Wholesale Inventories Rise 1.4% in March,Wholesale Inventories,"US Wholesale Inventories Rise 1.4% in MarchUnited States Wholesale InventoriesWholesale inventories in the US increased 1.4 percent from the previous month in March 2021, following an upwardly revised 0.9 percent growth in February, a preliminary estimate showed. Nondurable goods stocks rose 1.6 percent (vs 1.2 percent in February) and durable goods inventories were up 1.2 percent (vs 0.6 percent in February). On a yearly basis, wholesale inventories advanced 4.5 percent in March.2021-04-28T12:33:00"
Norfolk Southern earnings at 2.66 USD,Earnings,"Norfolk Southern earnings at 2.66 USDUnited States EarningsNorfolk Southern (NSC) released earnings per share at 2.66 USD, compared to market expectations of 2.55 USD.2021-04-28T12:25:49.103"
Humana earnings at 7.67 USD,Earnings,"Humana earnings at 7.67 USDUnited States EarningsHumana (HUM) released earnings per share at 7.67 USD, compared to market expectations of 7.08 USD.2021-04-28T11:32:36.21"
Moody's earnings at 4.06 USD,Earnings,"Moody's earnings at 4.06 USDUnited States EarningsMoody's (MCO) released earnings per share at 4.06 USD, compared to market expectations of 2.81 USD.2021-04-28T11:32:34.93"
Boeing earnings at -1.53 USD,Earnings,"Boeing earnings at -1.53 USDUnited States EarningsBoeing (BA) released earnings per share at -1.53 USD, compared to market expectations of -0.97 USD.2021-04-28T11:32:32.297"
US Stock Futures Trade at Near Record High,Stock Market,"US Stock Futures Trade at Near Record HighUnited States Stock MarketUS stock futures were little changed on Wednesday, trading at a near-record peak,  ahead of the outcome of the Federal Reserve's two-day policy meeting and a slew of economic data later this week. The US central bank is expected to reaffirm its commitment to hold rates near zero for the foreseeable future to support the economy, when it concludes its meeting later in the day. Traders are also looking toward US GDP figures and core personal consumption expenditures price data for March due out on Thursday and Friday, respectively. Among stocks, Google parent Alphabet added 4.39% in after-hours trading after reporting better-than-expected earnings, while Microsoft fell 2.72% in extended trading even after posting its largest revenue growth since 2018. On Tuesday, the Dow rose 3 points, the S&P 500 closed flat after notching an all-time high earlier in the week, while the Nasdaq fell 0.34%.2021-04-28T06:57:00"
US Dollar Index Lifts From 2-Month Lows,Currency,"US Dollar Index Lifts From 2-Month LowsUnited States CurrencyThe US Dollar Index edged up to 91 on Wednesday, gaining slightly from 2-month lows as market participants remain cautious ahead of the US Federal Reserve’s FOMC policy meeting. While the Fed is unlikely to announce any changes to its policy, some analysts expect the Fed to acknowledge an improving outlook on growth, while defending its policy to let inflation run hot. US 10-year rates lifted from 5-week lows to 1.625%. Traders are also looking toward US GDP figures and core personal consumption expenditures price data for March due out on Thursday and Friday, respectively. In local data, home prices in February registered the biggest gain in 15 years, rising 12% year over year and up from 11.2% in January, according to the S&P CoreLogic Case-Shiller home price index.2021-04-28T00:22:00"
US Stock Futures Hold at Record Highs,Stock Market,"US Stock Futures Hold at Record HighsUnited States Stock MarketUS Futures were little changed in early Asian trade Wednesday, following a flat close in the previous session ahead of the Federal Reserve's two-day policy meeting and a slew of economic data later this week. Among stocks, Google parent Alphabet added 4.39% in after-hours trading after reporting better-than-expected earnings after the bell on Tuesday while Microsoft lost 2.72% in extended trading even after posting its largest revenue growth since 2018. On the policy side, the Fed is expected to confirm that it will hold rates near zero for the foreseeable future to support the economy when it concludes its meeting on Wednesday. Traders are also looking toward US GDP figures and core personal consumption expenditures price data for March due out on Thursday and Friday, respectively. On Tuesday, The Dow rose just 3 points, the S&P 500 closed flat after notching an all-time high earlier in the week, while the Nasdaq dipped 0.34%.2021-04-28T00:09:08.2"
Chubb earnings at 2.52 USD,Earnings,"Chubb earnings at 2.52 USDUnited States EarningsChubb (CB) released earnings per share at 2.52 USD, compared to market expectations of 2.45 USD.2021-04-27T21:02:31.767"
Mondelez International earnings at 0.77 USD,Earnings,"Mondelez International earnings at 0.77 USDUnited States EarningsMondelez International (MDLZ) released earnings per share at 0.77 USD, compared to market expectations of 0.69 USD.2021-04-27T20:40:14.707"
Texas Instruments earnings at 1.87 USD,Earnings,"Texas Instruments earnings at 1.87 USDUnited States EarningsTexas Instruments (TXN) released earnings per share at 1.87 USD, compared to market expectations of 1.56 USD.2021-04-27T20:40:13.973"
US Crude Stocks Rise for 2nd Straight Week,API Crude Oil Stock Change,"US Crude Stocks Rise for 2nd Straight WeekUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 4.319 million barrels in the week ended April 23rd, 2021, after a 0.436 million rise in the previous week and compared with market expectations of a 0.375 million gain, data from the American Petroleum Institute showed.2021-04-27T20:37:23.7"
Stryker earnings at 1.93 USD,Earnings,"Stryker earnings at 1.93 USDUnited States EarningsStryker (SYK) released earnings per share at 1.93 USD, compared to market expectations of 1.98 USD.2021-04-27T20:29:20.527"
Visa earnings at 1.38 USD,Earnings,"Visa earnings at 1.38 USDUnited States EarningsVisa (V) released earnings per share at 1.38 USD, compared to market expectations of 1.26 USD.2021-04-27T20:29:19.263"
Advanced Micro Devices earnings at 0.52 USD,Earnings,"Advanced Micro Devices earnings at 0.52 USDUnited States EarningsAdvanced Micro Devices (AMD) released earnings per share at 0.52 USD, compared to market expectations of 0.44 USD.2021-04-27T20:29:18.687"
Amgen earnings at 3.70 USD,Earnings,"Amgen earnings at 3.70 USDUnited States EarningsAmgen (AMGN) released earnings per share at 3.70 USD, compared to market expectations of 4.00 USD.2021-04-27T20:18:26.397"
Illumina earnings at 1.89 USD,Earnings,"Illumina earnings at 1.89 USDUnited States EarningsIllumina (ILMN) released earnings per share at 1.89 USD, compared to market expectations of 1.36 USD.2021-04-27T20:18:25.193"
Starbucks earnings at 0.62 USD,Earnings,"Starbucks earnings at 0.62 USDUnited States EarningsStarbucks (SBUX) released earnings per share at 0.62 USD, compared to market expectations of 0.53 USD.2021-04-27T20:09:08.733"
Alphabet earnings at 26.29 USD,Earnings,"Alphabet earnings at 26.29 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 26.29 USD, compared to market expectations of 15.82 USD.2021-04-27T20:08:01.607"
Microsoft earnings at 1.95 USD,Earnings,"Microsoft earnings at 1.95 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 1.95 USD, compared to market expectations of 1.78 USD.2021-04-27T20:07:37.13"
US House Prices Rise 0.9% in February: FHFA,FHFA House Price Index MoM,"US House Prices Rise 0.9% in February: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States went up 0.9 percent from a month earlier in February of 2021, following a 1 percent rise in January. For the nine census divisions, seasonally adjusted monthly house price changes ranged from +0.3 percent in the Middle Atlantic division to +1.6 percent in the Mountain division.  Year-on-year, house prices climbed 12.2 percent in February, with the changes ranging from +10.5 percent in the West North Central division to +15.4 percent in the Mountain division.2021-04-27T13:04:00"
Ecolab earnings at 0.81 USD,Earnings,"Ecolab earnings at 0.81 USDUnited States EarningsEcolab (ECL) released earnings per share at 0.81 USD, compared to market expectations of 0.82 USD.2021-04-27T12:55:33.067"
Roper Industries earnings at 3.60 USD,Earnings,"Roper Industries earnings at 3.60 USDUnited States EarningsRoper Industries (ROP) released earnings per share at 3.60 USD, compared to market expectations of 3.32 USD.2021-04-27T12:11:59.02"
Centene earnings at 1.63 USD,Earnings,"Centene earnings at 1.63 USDUnited States EarningsCentene (CNC) released earnings per share at 1.63 USD, compared to market expectations of 1.65 USD.2021-04-27T12:11:46.18"
Eli Lilly earnings at 1.87 USD,Earnings,"Eli Lilly earnings at 1.87 USDUnited States EarningsEli Lilly (LLY) released earnings per share at 1.87 USD, compared to market expectations of 2.12 USD.2021-04-27T12:11:45.713"
United Parcel Service earnings at 2.77 USD,Earnings,"United Parcel Service earnings at 2.77 USDUnited States EarningsUnited Parcel Service (UPS) released earnings per share at 2.77 USD, compared to market expectations of 1.67 USD.2021-04-27T12:11:45.54"
General Electric earnings at 0.03 USD,Earnings,"General Electric earnings at 0.03 USDUnited States EarningsGeneral Electric (GE) released earnings per share at 0.03 USD, compared to market expectations of 0.02 USD.2021-04-27T12:11:43.09"
Waste Management earnings at 1.06 USD,Earnings,"Waste Management earnings at 1.06 USDUnited States EarningsWaste Management (WM) released earnings per share at 1.06 USD, compared to market expectations of 1.01 USD.2021-04-27T11:34:02.25"
Marsh & McLennan Companies earnings at 1.99 USD,Earnings,"Marsh & McLennan Companies earnings at 1.99 USDUnited States EarningsMarsh & McLennan Companies (MMC) released earnings per share at 1.99 USD, compared to market expectations of 1.71 USD.2021-04-27T11:34:01.61"
Sherwin-Williams earnings at 2.06 USD,Earnings,"Sherwin-Williams earnings at 2.06 USDUnited States EarningsSherwin-Williams (SHW) released earnings per share at 2.06 USD, compared to market expectations of 1.64 USD.2021-04-27T11:34:01.127"
Fiserv earnings at 1.17 USD,Earnings,"Fiserv earnings at 1.17 USDUnited States EarningsFiserv (FISV) released earnings per share at 1.17 USD, compared to market expectations of 1.13 USD.2021-04-27T11:34:00.317"
3M earnings at 2.77 USD,Earnings,"3M earnings at 2.77 USDUnited States Earnings3M (MMM) released earnings per share at 2.77 USD, compared to market expectations of 2.30 USD.2021-04-27T11:33:59.753"
US 10-Year Treasury Yield Held Steady,Government Bond 10Y,"US 10-Year Treasury Yield Held SteadyUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was at 1.61% on Tuesday, remaining well below last month’s peaks, as the bond market appears to be stabilizing. Investors acknowledged prospects for a robust economic recovery and rising inflationary pressures, which are likely to be temporary, according to the Federal Reserve. The central bank is due to keep its dovish stance during its monetary policy meeting that kick-offs Tuesday, reinforcing it will not taper anytime soon. Traders also await a batch of new data and tech earnings that will provide an update on the American economic recovery. Meanwhile, demand at a $60 billion sale of 2-year notes and a $61 billion sale of 5-year notes on Monday was relatively solid, while an auction of $62 billion of 7-year notes went smoothly on Tuesday. Auctions held in recent weeks were met with sufficient demand, easing fears that investors would struggle to soak up the flood of supply hitting the market.2021-04-27T07:23:00"
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 41962021-04-27T05:32:21.057
Dollar Index Trades at 2-Month Low,Currency,"Dollar Index Trades at 2-Month LowUnited States CurrencyThe US Dollar Index was flat at 90.875 in early Asian trade Tuesday, holding at 2-month lows ahead of the Federal Reserve's monetary policy meeting this week. While no major policy changes are expected, investors will pay close attention to comments from Chairman Jerome Powell. Long term bonds also continued to stabilize, with US 10-year rates around 6-week lows of 1.572%. Last week, data showed that US factory activity powered ahead in early April, while retail sales jumped to a record high in March and hiring accelerated. Looking ahead, the release of US quarterly GDP will also be closely monitored.2021-04-27T01:05:00"
US Stock Futures Trade at Record Highs,Stock Market,"US Stock Futures Trade at Record HighsUnited States Stock MarketUS futures held steady in early Asian trade Tuesday as investors braced for another batch of corporate earnings, following fresh record closes in the S&P 500 and Nasdaq Composite yesterday amid strong corporate earnings. Among stocks, Tesla fell 2.48% after-hours even after posting a record net income of $438 million. GameStop’s stock jumped 9.22% after-hours after reporting sales of 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation. Meantime, companies such as Alphabet, Microsoft, Starbucks and AMD are set to report later in the session. Investors will also monitor the two-day meeting of the Federal Reserve set to begin on Tuesday and the release of US quarterly GDP. On Monday, the S&P 500 added 8 points or 0.2% to a record 4,188. The tech-heavy Nasdaq gained 122 points or 0.9% to 14,139, hitting its first record close since Feb 12. The Dow went down 62 points or 0.2% to 33,982.2021-04-27T00:27:00"
Tesla earnings at 0.93 USD,Earnings,"Tesla earnings at 0.93 USDUnited States EarningsTesla (TSLA) released earnings per share at 0.93 USD, compared to market expectations of 0.79 USD.2021-04-26T20:12:19.27"
Dollar Struggles Near 2-Month Lows,Currency,"Dollar Struggles Near 2-Month LowsUnited States CurrencyThe dollar index kept the bearish note in the last week of April, plummeting below the 90.70 level for the first time in nearly two months before consolidating around 91.80. Diminished enthusiasm on the US reflation trade and a soft note in Treasury yields spooked investors away from the greenback ahead of a US Federal Reserve statement that may give clues of future tapering. A recent slew of upbeat economic data reinforced the view that 2021 could see the best economic growth in nearly four decades. However, such outperformance of the US economy no longer impressed investors, with this risk-positive market environment instead favouring bets on the Australian and New Zealand dollars in particular. This week, aside from economic headlines, market participants are keenly anticipating the Federal Reserve’s April meeting for any clear sign of a move in a hawkish direction given the improved economic outlook due to the successful vaccine rollout.2021-04-26T15:34:00"
US 10-Year Treasury Yield Steady as Busy Week Starts,Government Bond 10Y,"US 10-Year Treasury Yield Steady as Busy Week StartsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was little changed at 1.57% on Monday as investors prepare for a batch of fresh data that will provide an update on the American economic recovery. A slew of earnings from big tech companies, GDP growth for Q1, PCE inflation and Fed interest rate decision will be in the spotlight during the week. Meanwhile, an auction of $60 billion of 2-year notes and another one of 61 billion of 5-year notes went smoothly. Auctions held in recent weeks were met with sufficient demand, easing fears that investors would struggle to soak up the flood of supply hitting the market.
2021-04-26T08:39:00"
US Stock Futures Calm Ahead of Earnings,Stock Market,"US Stock Futures Calm Ahead of EarningsUnited States Stock MarketUS Futures held steady in early Asian trade Monday, after posting fresh intraday records on Friday as investors braced for one of the busiest weeks of the first-quarter earnings season. The bulk of the FAANG group of companies and other tech giants are due to release earnings in the coming week. They include Facebook, Apple, Google, Microsoft, Amazon, and Tesla, while a Federal Reserve meeting and fresh inflation data will also be closely scrutinized by market participants. Markets came under pressure last week after multiple outlets reported that Biden will seek to increase the capital gains tax on wealthy Americans. The president is expected to detail the plan to a joint session of Congress Wednesday evening. Meanwhile, worsening pandemic situations in India and Japan could also serve as negative catalysts. The Dow and the Nasdaq declined 0.5% and 0.3% last week, respectively, while the S&P 500 finished the week virtually flat.2021-04-26T00:19:00"
Russell 2000 Hits 4-week High,Stock Market,Russell 2000 Hits 4-week HighUnited States Stock MarketRussell 2000 increased to a 4-week high of 22812021-04-23T19:47:31.273
S&P 500 Hits All-time High,Stock Market,"S&P 500 Hits All-time HighUnited States Stock MarketThe S&P 500 index touched a fresh intraday record high of 4,194, driven by gains in the financials and technology sectors. 2021-04-23T19:30:00"
US Private Sector Output Growth at Record High,Composite PMI,"US Private Sector Output Growth at Record HighUnited States Composite PMIThe IHS Markit US Composite PMI climbed to 62.2 in April 2021, signaling the fastest pace of private sector activity growth since data collection began in October 2009, supported by quicker increases in services and manufacturing output amid looser COVID-19 measures and the reopening of many service sector businesses. New order and export growth accelerated to an all-time high, while backlogs of work rose at the joint-fastest pace since September 2014 and employment increased the most since last November. On the price front, input cost inflation was the second-fastest on record due to unprecedented supply chain disruptions. Looking ahead, business optimism remained strong overall.2021-04-23T14:01:20.693"
US Services Sector Expands at Record Pace,Services PMI,"US Services Sector Expands at Record PaceUnited States Services PMIThe IHS Markit US Services PMI jumped to an all-time high of 63.1 in April 2021, from 60.4 in the previous month and above market expectations of 61.9, a preliminary estimate showed. New business grew the most since data collection for the series began in October 2009, supported by a solid increase in new export orders. The level of outstanding business rose at the steepest rate since September 2020 and the pace of job creation was the fastest since last November. On the price front, average cost burdens inflation remained high on higher fuel, wage, shipping and PPE costs, while the rate of charge inflation quickened. Business expectations remained optimistic in April, as hopes of an end to COVID-19 measures as 2021 progresses drove confidence in future activity.2021-04-23T13:52:00"
Kimberly Clark earnings at 1.80 USD,Earnings,"Kimberly Clark earnings at 1.80 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 1.80 USD, compared to market expectations of 1.90 USD.2021-04-23T12:11:22.91"
American Express earnings at 2.74 USD,Earnings,"American Express earnings at 2.74 USDUnited States EarningsAmerican Express (AXP) released earnings per share at 2.74 USD, compared to market expectations of 1.60 USD.2021-04-23T11:16:11.667"
Honeywell International earnings at 1.92 USD,Earnings,"Honeywell International earnings at 1.92 USDUnited States EarningsHoneywell International (HON) released earnings per share at 1.92 USD, compared to market expectations of 1.80 USD.2021-04-23T11:16:05.817"
US 10-Year Treasury Yield Little Changed,Government Bond 10Y,"US 10-Year Treasury Yield Little ChangedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged up to 1.57% on Friday, remaining well below its 14-month highs of 1.78% reached at the end of March. A fiercely anticipated auction of $24 billion of 20-year bonds was met with sufficient demand on Wednesday, while the $18 billion of 5-year TIPS were sold at -1.631% on Thursday, the lowest yield ever in an auction of that security. Meanwhile, investors continue to digest strong corporate results, prospects of robust economic recovery and rising coronavirus infections in several countries, including India, Japan and Canada. Also, Fed Chair Powell is likely to reinforce during the FOMC meeting next week that the talk of tapering is premature.2021-04-23T11:02:00"
US Futures Rebound,Stock Market,"US Futures ReboundUnited States Stock MarketUS futures were in the green on Friday, rebounding from a sell-off in the previous session, as investors try to shrug off concerns over tax hikes and focus on strong corporate earnings and prospects for a strong economic recovery. Intel earnings and sales topped estimates but the company expects lower second-quarter earnings. American Express, Honeywell and Kimberly Clark and due to report today before the opening bell. Meanwhile, Senate Republicans unveiled a $568 billion infrastructure plan, much lower than President Biden's more than $2 trillion proposal, but the GOP plan is likely to be rejected by the Democrats. On the data front, preliminary Markit PMIs and new home sales will be in the spotlight. On Thursday, the Dow Jones sank 321 points or 0.9% to 33,816; the S&P 500 fell 38 points or 0.9% to 4,135 and the Nasdaq retreated 132 points or 0.9% to 13,818. So far on the week, the Dow Jones is down 1.1%, the S&P 500 1.2% and the Nasdaq 1.6%.2021-04-23T09:10:00"
US 10-Year Treasury Yield Holds Below Recent Highs,Government Bond 10Y,"US 10-Year Treasury Yield Holds Below Recent HighsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose by 2bps to 1.57% on Friday but remained well below 14-month highs of 1.78% reached in the end of March. A fiercely anticipated auction of $24 billion of 20-year bonds was met with sufficient demand on Wednesday, while the $18 billion of 5-year TIPS were sold at -1.631% on Thursday, the lowest yield ever in an auction of that security. Meanwhile, investors continue to digest strong corporate results, prospects of robust economic recovery and rising coronavirus infections in several countries, including India, Japan and Canada. Also, Fed Chair Powell is likely to reinforce during the FOMC meeting next week that talk of tapering is premature. 2021-04-23T07:49:52.67"
US Stock Futures Little Changed,Stock Market,"US Stock Futures Little ChangedUnited States Stock MarketUS stock futures were little changed on Friday after Wall Street plunged in the prior session on news of President Joe Biden's tax proposal, which would raise the top marginal rate to 39.6% from 37%, almost double levies on investment gains for the rich, and effectively reverse Donald Trump’s 2017 income tax cut for highest earners. On the bond market, US 10-year rates on Thursday were slightly above five-week lows at 1.549%. Turning to data, the number of Americans filing new claims for unemployment benefits fell to a 13-month low last week, while existing home sales dropped for a second month amid record prices. On Thursday, Dow Jones sank 321 points or 0.9% to 33,816. The S&P 500 fell 38 points or 0.9% to 4,135. The Nasdaq retreated 132 points or 0.9% to 13,818.2021-04-23T06:25:00"
US Dollar Index Trades 7-Week Lows,Currency,"US Dollar Index Trades 7-Week LowsUnited States CurrencyThe US Dollar Index was little changed at 91.255, holding above 7-week lows touched in the previous session in early trade Friday, following reports that US President Joe Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans in a bid to fund education and other spending priorities as part of the administration’s effort to overhaul the U.S. economy. US 10-year rates were slightly above 5-week lows at 1.549% but remained under pressure amid the Fed’s commitment to maintaining low interest rates and buying billions of dollars worth of bonds until the labor market recovers and inflation stays above 2%. On the data front, the number of Americans filing new claims for unemployment benefits fell to a 13-month low last week, while existing home sales dropped for a second month amid record prices.2021-04-23T00:35:00"
US Stock Futures Tick Higher,Stock Market,"US Stock Futures Tick HigherUnited States Stock MarketUS Futures traded higher in early Asian trade Friday after markets plunged in the previous session following news that US President Joe Biden is planning a capital gains tax hike to as high as 43.4% for wealthy Americans in a bid to fund education and other spending priorities as part of the administration’s effort to overhaul the U.S. economy. US 10-year rates were slightly above 5-week lows at 1.549%. On the data front, the number of Americans filing new claims for unemployment benefits fell to a 13-month low last week, while existing home sales dropped for a second month amid record prices. On Thursday, Dow Jones plunged 321 points or 0.9% to 33,816. The S&P 500 declined 38 points or 0.9% to 4,135. The Nasdaq retreated 132 points or 0.9% to 13,818.2021-04-23T00:21:34.56"
Intel earnings at 1.39 USD,Earnings,"Intel earnings at 1.39 USDUnited States EarningsIntel (INTC) released earnings per share at 1.39 USD, compared to market expectations of 1.14 USD.2021-04-22T20:04:55.033"
Wall Street Ends Sharply Lower,Stock Market,"Wall Street Ends Sharply LowerUnited States Stock MarketAll three main US stock indexes lost significant ground on Thursday, with the Dow Jones plunging more than 300 points after media reports that President Joe Biden will propose higher taxes. According to the report, the proposal could nearly double the capital gains tax rate for wealthy individuals to 39.6%. With much of the good news on the corporate earnings front already priced into the market, worries about rising coronavirus cases globally kept sentiment subdued. On the data front, the number of Americans filing new claims for unemployment benefits fell to a 13-month low last week, while existing home sales dropped for a second month amid record prices. The Dow Jones plunged 321 points or 0.9% to 33,816. The S&P 500 declined 38 points or 0.9% to 4,135. The Nasdaq retreated 132 points or 0.9% to 13,818.2021-04-22T20:01:00"
US Stocks Sell-Off Intensifies,Stock Market,"US Stocks Sell-Off IntensifiesUnited States Stock MarketAll three main US stock indexes lost significant ground on Thursday, with the Dow Jones plunging more than 400 points to its lowest level of the session after media reports that President Joe Biden will propose higher taxes. According to the report, the proposal could almost double the capital gains tax rate for wealthy individuals to 39.6%. With much of the good news on the corporate earnings front already priced into the market, worries about rising coronavirus cases globally kept sentiment subdued. On the data front, the number of Americans filing new claims for unemployment benefits fell to a 13-month low last week, while existing home sales dropped for a second month amid record prices.2021-04-22T18:14:00"
Tenth District Manufacturing Activity Grows at Record Pace,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Grows at Record PaceUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index jumped 17 points from the previous month to 40 in April 2021, suggesting Tenth District manufacturing output expanded at a record pace, driven by higher activity levels at durable goods plants, especially for primary and fabricated metals, and transportation equipment manufacturing. Also, employment growth hit an all-time high, while shipments, employee workweek, order backlog, and new orders for exports expanded at a faster pace. New orders and supplier delivery time indexes remained very positive. Materials inventories rose significantly and finished goods inventories jumped back into positive territory for the first time since February 2020.2021-04-22T15:12:58.66"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under PressureUnited States CurrencyThe dollar index held steady at 91.20 on Friday, not far from seven-week lows of 90.90 touched early in the week as market participants moved back into riskier assets amid eased inflation concerns. Local 10-year bond yields held around 5-week lows of 1.552%, after Fed Chair Powell noted in a letter to Senator Rick Scott that the US central bank expects the increase in prices to be transitory, driven by a spending rebound as the economy reopens and a potential bottleneck that could limit supplies. Powell also noted that policymakers are committed to preventing a ""substantial"" overshoot of inflation. Meantime, economic risks remain as rising coronavirus infections in India and other countries soured the outlook for a quick global recovery. On the economic front, US weekly jobless claims fell to their lowest for over a year.2021-04-22T12:54:00"
US 10-Year Treasury Yield Retreats on Thursday,Government Bond 10Y,"US 10-Year Treasury Yield Retreats on ThursdayUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.55% on Thursday, close to five-week lows and after dropping below its 50-day moving average for the first time since November. A fiercely anticipated auction of $24 billion of 20-year bonds was met with sufficient demand on Wednesday, while the $18 billion of 5-year TIPS were sold at -1.631% on Thursday, the lowest yield ever in an auction of that security. Meanwhile, initial claims unexpectedly fell to a new pandemic low, in a sign the job market continues to recover. Investors continue to digest strong corporate results, prospects of robust economic recovery and rising coronavirus infections in several countries, including India, Japan and Canada.
2021-04-22T12:53:00"
Chicago Fed Activity Index Rebounds to 8-Month High,Chicago Fed National Activity Index,"Chicago Fed Activity Index Rebounds to 8-Month HighUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index jumped to 1.71 in March of 2021, the highest in 8 months, from a downwardly revised -1.2 in February. All four broad categories of indicators used to construct the index made positive contributions in March, and all four categories improved from February: production related indicators (0.63 vs -1.04); sales, orders and inventories (0.11 vs -0.06); personal consumption and housing (0.63 vs -0.21); employment, unemployment, and hours (0.34 vs 0.12). Also, the index’s three-month moving average increased to 0.54 from 0.07.2021-04-22T12:43:00"
Union Pacific earnings at 2.00 USD,Earnings,"Union Pacific earnings at 2.00 USDUnited States EarningsUnion Pacific (UNP) released earnings per share at 2.00 USD, compared to market expectations of 2.06 USD.2021-04-22T12:11:08.43"
Biogen earnings at 5.34 USD,Earnings,"Biogen earnings at 5.34 USDUnited States EarningsBiogen (BIIB) released earnings per share at 5.34 USD, compared to market expectations of 5.02 USD.2021-04-22T11:17:20.07"
American Electric Power earnings at 1.15 USD,Earnings,"American Electric Power earnings at 1.15 USDUnited States EarningsAmerican Electric Power (AEP) released earnings per share at 1.15 USD, compared to market expectations of 1.18 USD.2021-04-22T11:17:18.777"
Blackstone earnings at 0.96 USD,Earnings,"Blackstone earnings at 0.96 USDUnited States EarningsBlackstone (BX) released earnings per share at 0.96 USD, compared to market expectations of 0.75 USD.2021-04-22T11:17:18.167"
AT&T earnings at 0.86 USD,Earnings,"AT&T earnings at 0.86 USDUnited States EarningsAT&T (T) released earnings per share at 0.86 USD, compared to market expectations of 0.78 USD.2021-04-22T11:17:15.73"
Danaher earnings at 2.52 USD,Earnings,"Danaher earnings at 2.52 USDUnited States EarningsDanaher (DHR) released earnings per share at 2.52 USD, compared to market expectations of 1.74 USD.2021-04-22T10:16:19.523"
US Jobless Claims Seen Rising to 617K,Initial Jobless Claims,"US Jobless Claims Seen Rising to 617KUnited States Initial Jobless ClaimsInitial jobless claims are seen rising to 617 thousand in the week ending April 17th, after falling by 193 thousand to an over year low of 576 thousand in the previous period. The labor market has been supported by the quick pace of COVID-19 vaccinations, the lifting of pandemic business restrictions in many states and the government's $1.9 trillion stimulus package, which prompted employers to hire more workers to respond to growing demand. Meanwhile, continuing claims are seen declining to 3.67 million in the April 10th week from 3.73 million the week before, but remaining well above February 2020 levels.2021-04-22T09:34:55.203"
US 10-Year Yield Retreats,Government Bond 10Y,"US 10-Year Yield RetreatsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.54% on Thursday, close to five-week lows and after dropping below its 50-day moving average for the first time since November. A fiercely anticipated auction of $24 billion of 20-year bonds was met with sufficient demand on Wednesday. Investors also await economic data releases early in the morning including the claims report and existing home sales for an update on the economic recovery. Meanwhile, traders continue to digest strong corporate results, prospects of robust economic recovery and rising coronavirus infections in several countries including India, Japan and Canada.2021-04-22T08:20:05.873"
US Dollar Index Trades at 7-Week Lows,Currency,"US Dollar Index Trades at 7-Week LowsUnited States CurrencyThe US Dollar Index was little moved at 91.1 on Thursday, slightly higher than 7-week lows of 90.9 touched early in the week as market participants moved back into riskier assets amid eased inflation concerns. Local 10-year bond yields held around 5-week lows of 1.552%, after Fed Chair Powell noted in a letter to Senator Rick Scott that the US central bank expects the increase in prices to be transitory, driven by a spending rebound as the economy reopens and a potential bottleneck that could limit supplies. Powell also noted that policymakers are committed to preventing a ""substantial"" overshoot of inflation. Meantime, economic risks remain as rising coronavirus infections in India and other countries soured the outlook for a quick global recovery. Later in the session, traders will turn focus to US data on jobless claims and existing home sales. 2021-04-22T00:36:00"
US Stock Futures Ease After Snapping 2-Day Decline,Stock Market,"US Stock Futures Ease After Snapping 2-Day DeclineUnited States Stock MarketUS Futures eased in early Asian trade Thursday, after snapping two consecutive sessions of decline on Wednesday as optimism about corporate earnings offset concerns about rising coronavirus infections infection rates across the globe. Strong earnings momentum, particularly those from Wall Street’s big banks, reinforced a positive narrative of economic strength and pushed investors into names that do well in this current environment. Among earnings, Verizon, NextEra Energy and Chipotle beat forecasts, while Netflix shares sank almost 8% after the company posted better-than-expected earnings but missed subscriber targets in Q1 and said it expects Q2 to be slower as well. Later in the session, traders will turn focus to US data on jobless claims and existing home sales. On Wednesday, the Dow Jones added 316 points or 0.9% to 34,137. The S&P 500 gained 39 points or 0.9% to 4,173. The tech-heavy Nasdaq outperformed its peers, surging 164 points or 1.2% to 13,950.2021-04-22T00:18:00"
Las Vegas Sands earnings at -0.25 USD,Earnings,"Las Vegas Sands earnings at -0.25 USDUnited States EarningsLas Vegas Sands (LVS) released earnings per share at -0.25 USD, compared to market expectations of -0.27 USD.2021-04-21T20:50:51.943"
Crown Castle International earnings at 1.71 USD,Earnings,"Crown Castle International earnings at 1.71 USDUnited States EarningsCrown Castle International (CCI) released earnings per share at 1.71 USD, compared to market expectations of 1.61 USD.2021-04-21T20:28:46.053"
Lam Research earnings at 7.49 USD,Earnings,"Lam Research earnings at 7.49 USDUnited States EarningsLam Research (LRCX) released earnings per share at 7.49 USD, compared to market expectations of 6.56 USD.2021-04-21T20:28:42.73"
Wall Street Bounces Back,Stock Market,"Wall Street Bounces BackUnited States Stock MarketUS stocks finished higher on Wednesday after two consecutive days of declines, as optimism about corporate earnings offset concerns about rising coronavirus infections in countries from India to Japan. Strong earnings momentum, particularly those from Wall Street’s big banks, reinforced a positive narrative of economic strength and pushed investors into names that do well in this current environment. Verizon and NextEra Energy earnings beat forecasts, and Chipotle Mexican Grill is due to report after the closing bell. Meanwhile, Netflix shares sank almost 8% after the company posted better-than-expected earnings but missed subscriber target in Q1 and said it expects Q2 to be slower as well. The Dow Jones added 316 points or 0.9% to 34,137. The S&P 500 gained 39 points or 0.9% to 4,173. The tech-heavy Nasdaq outperformed its peers, surging 164 points or 1.2% to 13,950. 2021-04-21T20:01:00"
US Crude Oil Stocks Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly RiseUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 0.594 million barrels in the April 16th week, following a 5.889 million decline in the previous period and compared with market forecasts of a 2.975 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories rose by 0.086 million barrels, less than market expectations of a 0.464 million increase.2021-04-21T14:33:00"
Dow and S&P Rebound,Stock Market,"Dow and S&P ReboundUnited States Stock MarketBoth the Dow Jones and the S&P 500 attempted to rebound from 2 days of losses while the Nasdaq was little changed on Wednesday as investors digest corporate earnings and rising coronavirus infections worldwide. Netflix shares sank around 7% after the company posted better-than-expected earnings but missed subscriber target in Q1 and said it expects Q2 to be slower as well. Verizon and NextEra Energy earnings beat forecasts and Chipotle Mexican Grill is due today after the closing bell. The pandemic situation is also weighing on investors' mood as infections rise in India, Canada and Japan, raising the prospect of fresh hurdles to the anticipated global economic rebound. The Department of State strongly recommended US citizens to reconsider all travel abroad and said it would issue specific warnings not to visit roughly 80% of the world’s countries due to risks from the pandemic.2021-04-21T13:53:18.143"
Wall Street in the Red for 3rd Day,Stock Market,"Wall Street in the Red for 3rd DayUnited States Stock MarketUS stocks were lower on Wednesday, extending two days of losses as investors digest corporate earnings and rising coronavirus infections worldwide. Netflix shares sank around 7% after the company posted better-than-expected earnings but missed subscriber target in Q1 and said it expects Q2 to be slower as well. Verizon and NextEra Energy earnings beat forecasts and Chipotle Mexican Grill is due today after the closing bell. The pandemic situation is also weighing on investors' mood as infections rise in India, Canada and Japan, raising the prospect of fresh hurdles to the anticipated global economic rebound. The Department of State strongly recommended US citizens to reconsider all travel abroad and said it would issue specific warnings not to visit roughly 80% of the world’s countries due to risks from the pandemic.2021-04-21T13:32:00"
NextEra Energy earnings at 0.67 USD,Earnings,"NextEra Energy earnings at 0.67 USDUnited States EarningsNextEra Energy (NEE) released earnings per share at 0.67 USD, compared to market expectations of 0.60 USD.2021-04-21T12:09:06.73"
Verizon earnings at 1.31 USD,Earnings,"Verizon earnings at 1.31 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.31 USD, compared to market expectations of 1.29 USD.2021-04-21T12:09:05.717"
Anthem earnings at 7.01 USD,Earnings,"Anthem earnings at 7.01 USDUnited States EarningsAnthem (ANTM) released earnings per share at 7.01 USD, compared to market expectations of 6.38 USD.2021-04-21T10:16:06.7"
US Futures Cautious as the Earnings Season Continues,Stock Market,"US Futures Cautious as the Earnings Season ContinuesUnited States Stock MarketUS futures were little changed on Wednesday as investors digest corporate earnings and rising coronavirus infections worldwide. Netflix posted better-than-expected earnings but missed subscriber target in Q1 and the company expects Q2 to be slower as well. Verizon and NextEra Energy earnings beat forecasts and Chipotle Mexican Grill is due today after the closing bell. The pandemic situation is also weighing on investors' mood as infections rise in India, Canada and Japan, raising the prospect of fresh hurdles to the anticipated global economic rebound. The Department of State strongly recommended US citizens to reconsider all travel abroad and said it would issue specific warnings not to visit roughly 80% of the world’s countries due to risks from the pandemic. On Tuesday, the Dow fell 256 points or 0.8% to 33821, the S&P 500 went down 28 points or 0.7% to 4135 and the Nasdaq slid 129 points or 0.9% to 13786.
2021-04-21T09:47:00"
Dollar Hovers at 7-Week Lows,Currency,"Dollar Hovers at 7-Week LowsUnited States CurrencyThe dollar index was little changed at 91.1 on Thursday, slightly higher than 7-week lows of 90.9 touched early in the week, amid a general cautious mood as rising coronavirus infections in India and other countries soured the outlook for a quick global recovery. Still, the greenback declined 2% so far this month as Treasury yields retreated from recent highs despite prospects for the US best economic growth in nearly four decades. Also, it seems to be difficult for the greenback to attract new investors as the Federal Reserve keeps insisting that any spike in inflation was likely to be temporary and that it will keep financial conditions as lenient as possible until the US economy heals from the effects of the coronavirus pandemic.2021-04-21T09:08:00"
US Dollar Weakness Persists,Currency,"US Dollar Weakness PersistsUnited States CurrencyThe US Dollar Index eased 0.057 points or 0.06% to 91.168 in early trade Wednesday, trading just off 7-week lows amid signs of diminished enthusiasm on the US reflation trade. Robust earnings momentum and a slew of upbeat data economic data reinforced the view that 2021 could see the best economic growth in nearly four decades. However, local 10-year bond yields continued to ease to near 5-week lows of 1.562% as such outperformance of the US economy relative to the rest of the world failed to impress investors. Also, it seems to be difficult for the greenback to attract new investors as the Federal Reserve keeps insisting that any spike in inflation was likely to be temporary and that it will keep financial conditions as lenient as possible until the US economy heals from the effects of the coronavirus pandemic.2021-04-21T00:25:00"
US Stock Futures Flat at Weekly Lows,Stock Market,"US Stock Futures Flat at Weekly LowsUnited States Stock MarketUS Futures gained slightly in early Asian trade Wednesday, following the 2nd straight session of declines, as much of the enthusiasm over strong earnings momentum faded, while concerns of globally increasing coronavirus infection rates dampened sentiment. On the earnings front, Johnson & Johnson beat expectations for quarterly revenue and profit, while Procter & Gamble also surprised markets on the upside. Netflix shares plunged about 9% in extended trading after reporting subscriber additions that fell far short of Wall Street estimates, while posting better-than-expected earnings for Q1. Local 10-year bond yields were also near 5-week lows of 1.561%. On Tuesday, the Dow fell 250 points or 0.75% for its worst daily performance since March 23, while the S&P 500 and the Nasdaq slid 0.7% and 0.9%, respectively.2021-04-21T00:16:00"
Edwards Lifesciences earnings at 0.54 USD,Earnings,"Edwards Lifesciences earnings at 0.54 USDUnited States EarningsEdwards Lifesciences (EW) released earnings per share at 0.54 USD, compared to market expectations of 0.47 USD.2021-04-20T20:39:05.31"
API: US Crude Oil Inventories Unexpectedly Rise,API Crude Oil Stock Change,"API: US Crude Oil Inventories Unexpectedly RiseUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 0.436 million barrels in the week ended April 16th, 2021, after a 3.608 million fall in the previous week and compared with market expectations of a 2.860 million decline, data from the American Petroleum Institute showed.2021-04-20T20:37:55.203"
Intuitive Surgical earnings at 3.52 USD,Earnings,"Intuitive Surgical earnings at 3.52 USDUnited States EarningsIntuitive Surgical (ISRG) released earnings per share at 3.52 USD, compared to market expectations of 2.61 USD.2021-04-20T20:28:02.16"
CSX earnings at 0.93 USD,Earnings,"CSX earnings at 0.93 USDUnited States EarningsCSX (CSX) released earnings per share at 0.93 USD, compared to market expectations of 0.96 USD.2021-04-20T20:05:10.983"
Netflix earnings at 3.75 USD,Earnings,"Netflix earnings at 3.75 USDUnited States EarningsNetflix (NFLX) released earnings per share at 3.75 USD, compared to market expectations of 2.97 USD.2021-04-20T20:05:07.223"
Wall Street Extends Losses,Stock Market,"Wall Street Extends LossesUnited States Stock MarketAll three major US stock indexes finished in negative territory for a second straight day on Tuesday, as much of the enthusiasm over strong earnings momentum faded, with investors getting worried about a pandemic that is far from controlled. Falls were most pronounced in those economically sensitive sectors of the market that had recently outperformed, including cyclical travel and leisure stocks. On the earnings front, Johnson & Johnson beat expectations for quarterly revenue and profit, while Procter & Gamble also surprised markets on the upside. 2021-04-20T20:03:00"
US Stocks Slip for 2nd Day After Record Run,Stock Market,"US Stocks Slip for 2nd Day After Record RunUnited States Stock MarketUS stocks fell for a second day on Tuesday as investors await another round of corporate earnings for a further update on the private sector’s recovery, specially from technology-related companies. Earnings from Johnson & Johnson and Procter & Gamble beat on the upside while Netflix is scheduled to report after the close. On Monday, IBM surprised with revenue gain and higher higher-than-expected earnings. Also, Apple is set to hold a virtual event today for its first product unveiling of the year. Meanwhile, the dollar hovered around 7-week lows and Treasury yields edged up for the 3rd day, in a sign that reflation trade is likely to continue. Still, rising coronavirus infections and slow vaccination in some countries are beginning to weigh on traders' optimism.2021-04-20T13:34:00"
Abbott earnings at 1.32 USD,Earnings,"Abbott earnings at 1.32 USDUnited States EarningsAbbott (ABT) released earnings per share at 1.32 USD, compared to market expectations of 1.33 USD.2021-04-20T12:06:47.393"
Lockheed Martin earnings at 6.56 USD,Earnings,"Lockheed Martin earnings at 6.56 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 6.56 USD, compared to market expectations of 6.32 USD.2021-04-20T12:06:44.757"
US Futures Lower Ahead of Big Tech Earnings,Stock Market,"US Futures Lower Ahead of Big Tech EarningsUnited States Stock MarketUS futures were lower on Tuesday as investors await another round of corporate earnings for a further update on the private sector’s recovery, specially from technology-related companies. Earnings from Johnson & Johnson and Procter & Gamble beat on the upside while Netflix is scheduled to report after the close. On Monday, IBM surprised with revenue gain and higher higher-than-expected earnings. Also, Apple is set to hold a virtual event today for its first product unveiling of the year. Meanwhile, the dollar hovered around 7-week lows and Treasury yields edged up for the 3rd day, in a sign that reflation trade is likely to continue. On Monday, the Dow Jones fell 123 points or 0.4% to 34,078. The S&P 500 dropped 22 points or 0.5% to 4,163 and the Nasdaq underperformed its peers, plunging 138 points or 1% to 13,915.2021-04-20T11:55:00"
Philip Morris International earnings at 1.57 USD,Earnings,"Philip Morris International earnings at 1.57 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.57 USD, compared to market expectations of 1.40 USD.2021-04-20T11:20:28.347"
Procter & Gamble earnings at 1.26 USD,Earnings,"Procter & Gamble earnings at 1.26 USDUnited States EarningsProcter & Gamble (PG) released earnings per share at 1.26 USD, compared to market expectations of 1.19 USD.2021-04-20T11:20:25.537"
Johnson & Johnson earnings at 2.59 USD,Earnings,"Johnson & Johnson earnings at 2.59 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.59 USD, compared to market expectations of 2.33 USD.2021-04-20T11:20:21.497"
Dollar Remains at 7-Week Low,Currency,"Dollar Remains at 7-Week LowUnited States CurrencyThe dollar index extended losses to trade below 91 on Tuesday, a new low since March 3rd as investors are optimistic about the US economic recovery and Treasury yields remain below their 14-month highs reached in March. Also, it is difficult for the greenback to attract new investors as the Federal Reserve keeps insisting that any spike in inflation was likely to be temporary and that it will keep financial conditions as lenient as possible until the US economy heals from the effects of the coronavirus pandemic. The greenback lost 0.7% last week, the second straight weekly loss.2021-04-20T09:06:00"
US Futures Cautious as Earnings Season Continues,Stock Market,"US Futures Cautious as Earnings Season ContinuesUnited States Stock MarketUS futures were lower on Tuesday as investors await another round of corporate earnings for a further update on the private sector’s recovery. Abbott, Johnson & Johnson and Procter & Gamble are due to report before the opening bell while Netflix is scheduled for after the close. Meanwhile, the dollar extended losses to trade at 7-week lows and Treasury yields edged up for the 3rd day, in a sign that reflation trade is likely to continue. On Monday, the Dow Jones fell 123 points or 0.4% to 34,078. The S&P 500 dropped 22 points or 0.5% to 4,163 and the Nasdaq underperformed its peers, plunging 138 points or 1% to 13,915.2021-04-20T08:35:00"
US Dollar Index Extends 7-Week Lows,Currency,"US Dollar Index Extends 7-Week LowsUnited States CurrencyThe US Dollar Index fell 0.047 points or 0.05%, extending 7-week lows to 91.03 in early trade Tuesday as investors assessed robust macro data released last week and recent moves in the bond markets. US 10-year rates held near 5-week lows of 1.599% despite strong US inflation and recent employment data, while housing starts in the US rose to the highest level since 2006, pointing to a strong rebound in both consumer spending and the jobs market. Also, it seems to be difficult for the greenback to attract new investors as the Federal Reserve keeps insisting that any spike in inflation was likely to be temporary and that it will keep financial conditions as lenient as possible until the US economy heals from the effects of the coronavirus pandemic. The greenback lost 0.7% last week, the second straight weekly loss.2021-04-20T00:25:00"
US Stock Futures Edge Higher,Stock Market,"US Stock Futures Edge HigherUnited States Stock MarketUS futures lifted in early Asian trade Tuesday, after retreating from intraday records in the previous session as investors assessed the recent moves in bond markets and upcoming earnings reports. While the economic backdrop improved in the first quarter, supported by unprecedented money-printing pandemic stimulus packages and as vaccinations gain momentum, there are concerns that markets may be nearing bubble territory. US 10-year rates were at 1.599%. Among individual stocks, Tesla lost 3.4% after news of a fatal car crash, while GameStop jumped 6.3% on the announcement of its chief executive’s resignation. On Monday, the Dow Jones retreated 123 points or 0.4% to 34,078. The S&P 500 fell 22 points or 0.5% to 4,163. Meantime, the tech-heavy Nasdaq underperformed its peers, plunging 138 points or 1% to 13,915.2021-04-20T00:17:00"
IBM earnings at 1.77 USD,Earnings,"IBM earnings at 1.77 USDUnited States EarningsIBM (IBM) released earnings per share at 1.77 USD, compared to market expectations of 1.63 USD.2021-04-19T20:20:42.227"
Wall Street Treads Water,Stock Market,"Wall Street Treads WaterUnited States Stock MarketAll three main US stock indexes lost ground on Monday, with both the Dow and the S&P 500 retreating from their records as investors assess the recent moves in bond markets and upcoming earnings reports. While the economic backdrop improved in the first quarter, supported by unprecedented money-printing pandemic stimulus packages and as vaccinations gain momentum, there are concerns that markets may be nearing bubble territory. Meanwhile, Coca-Cola beat on earnings and sales while IBM and United Airlines are also due to report after the closing bell. The Dow Jones retreated 123 points or 0.4% to 34,078. The S&P 500 fell 22 points or 0.5% to 4,163. Meantime, the tech-heavy Nasdaq underperformed its peers, plunging 138 points or 1% to 13,915.2021-04-19T20:01:00"
Dollar Extends the Decline to 7-Week Low,Currency,"Dollar Extends the Decline to 7-Week LowUnited States CurrencyThe dollar index extended losses to trade around 91, the lowest on a closing basis since March 3rd, as Treasury yields remain below recent 14-month highs and global stocks hover at record levels. Also, it seems to be difficult for the greenback to attract new investors as the Federal Reserve keeps insisting that any spike in inflation was likely to be temporary and that it will keep financial conditions as lenient as possible until the US economy heals from the effects of the coronavirus pandemic. The greenback lost 0.7% last week, the second straight weekly loss.2021-04-19T14:01:00"
10-Year Treasury Yield Inches Higher,Government Bond 10Y,"10-Year Treasury Yield Inches HigherUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged higher to 1.61% on Monday recovering from a 1-month low of 1.53% hit last week, as investors digest prospects for a strong economic recovery and await a fresh round of corporate earnings. Also, the yields are pushed up by rising coronavirus infections and restrictions and slow vaccination in some parts of the globe, and geopolitical tensions after US imposed a new array of sanctions on Russia. Still, the benchmark 10-year one remains well below 14-month highs of 1.78% reached in the end of March. The Treasury Department will auction $24 billion of 20-year bonds and $18 billion of five-year Treasury Inflation-Protected Securities this week.2021-04-19T13:56:00"
US Stocks Fall from Records,Stock Market,"US Stocks Fall from RecordsUnited States Stock MarketUS stocks fell from records on Monday, as investors were cautious ahead of another batch of corporate earnings this week which will offer an update on businesses’ expectations for the pace of an economic recovery. Coca-Cola beat on both earnings and sales and IBM and United Airlines are also due to report today. Meanwhile, Tesla shares were down around 2% after two people died in Texas on Saturday night, and nobody was in the driver’s seat. Also, coronavirus vaccinations will be in the spotlight after US health authorities recommended pausing the use of the Johnson & Johnson vaccine although Dr. Anthony Fauci said he believes the US will likely resume use of the J&J vaccine with a warning or restrictions attached.2021-04-19T13:38:00"
ProLogis earnings at 0.97 USD,Earnings,"ProLogis earnings at 0.97 USDUnited States EarningsProLogis (PLD) released earnings per share at 0.97 USD, compared to market expectations of 0.94 USD.2021-04-19T12:16:43.697"
Coca-Cola earnings at 0.55 USD,Earnings,"Coca-Cola earnings at 0.55 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.55 USD, compared to market expectations of 0.50 USD.2021-04-19T11:09:14.213"
Dollar Extends the Decline to 7-Week Low,Currency,"Dollar Extends the Decline to 7-Week LowUnited States CurrencyThe dollar index extended losses to trade below 91.2 on Monday, the lowest on a closing basis since March 3rd, as Treasury yields continue to retreat to near 5-week lows and as risk sentiment improved amid a rally in global stocks. Also, it difficult for the greenback to attract new investors as the Federal Reserve’s keeps insisting that any spike in inflation was likely to be temporary and that it will keep financial conditions as lenient as possible until the US economy heals from the effects of the coronavirus pandemic. The greenback lost 0.7% last week, the second straight weekly loss.2021-04-19T09:19:00"
10-Year Treasury Yield at 1-Month Low,Government Bond 10Y,"10-Year Treasury Yield at 1-Month LowUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.56% on Monday, close to levels not seen in one month and well below 14-month highs of 1.78% reached in the end of March. The bond sell-off eased since the beginning of April, despite better-than-expected economic data for the US including housing starts, retail sales and initial claims pointing to a strong economic recovery and an eventual upsurge in inflation. Fed Chair has constantly played down inflationary pressures saying any rise in consumer prices would be temporary while international risks including rising coronavirus infections and restrictions and slow vaccination in some parts of the globe and a new array of sanctions on Russia are pressuring the yields. The Treasury Department will auction $24 billion of 20-year bonds and $18 billion of five-year Treasury Inflation-Protected Securities this week. 2021-04-19T07:30:06.707"
US Stocks Set to Start the Week Lower,Stock Market,"US Stocks Set to Start the Week LowerUnited States Stock MarketUS stock futures traded in the red on Monday after hitting record highs in the prior week, with market participants looking for further confirmation of the private sector’s recovery from the pandemic as the earnings season gathers pace. Coca-Cola earnings beat forecasts and IBM and United Airlines are also due to report today. On the data front, homebuilding surged to nearly a 15-year high in March, while retail sales grew robustly, and jobless claims hit the lowest level in 13 months. In the bond market, US 10-year rates extended 5-week lows of 1.566%, despite strong inflation data last week. The S&P and Dow advanced 1.38% and 1.18% last week respectively for their 4th straight week of gains, while the Nasdaq Composite lifted 1.4% for its 3rd positive week in a row.2021-04-19T06:19:00"
Dollar Index Trades Flat at Monthly Lows,Currency,"Dollar Index Trades Flat at Monthly LowsUnited States CurrencyThe US Dollar Index was little changed at 91.627, holding near monthly lows in early trade Monday, amid strong economic data released last week and easing long term bond yields. US 10-year rates extended 5-week lows of 1.566% despite strong US inflation and recent employment data, while housing starts in the US rose to the highest level since 2006, pointing to a strong rebound in both consumer spending and the jobs market. Aside from the economic indicators, the Federal Reserve’s insistence that it will keep financial conditions as lenient as possible until the US economy heals from the effects of the coronavirus pandemic seems to be making it difficult for the greenback to attract new investors.2021-04-19T00:39:51.763"
US Stock Futures Open Lower,Stock Market,"US Stock Futures Open LowerUnited States Stock MarketUS Futures opened lower in early Asian trade Monday, falling from record highs set in the previous week as earnings topped estimates and strong economic data boosted investor sentiment. This week traders will look for further confirmation of the private sector’s recovery from the pandemic as the earnings season gathers pace, with Coca-Cola, IBM and United Airlines among the names set to report on Monday. US 10-year rates extended 5-week lows of 1.566%, despite strong inflation and employment data last week. In addition, housing starts rose to the highest level since 2006 last week, pointing to a strong rebound in both consumer spending and the jobs market. The S&P and Dow advanced 1.38% and 1.18% last week respectively for their 4th straight week of gains, while the Nasdaq Composite lifted 1.4% for its 3rd positive week in a row.2021-04-19T00:30:00"
Dollar Books Second Weekly Loss,Currency,"Dollar Books Second Weekly LossUnited States CurrencyThe dollar index lost significant ground this week, moving away from the 92 region to break below 91.50 for the first time in a month. The market moves came in tandem with a retracement in Treasury yields, which bottomed around monthly lows of 1.55%. On top of that, the ongoing outperformance of the US economy failed to offer lasting support. A slew of data releases in the US calendar, including upbeat retail and jobless claims data, drove investors into riskier assets. Aside from the economic indicators, the Federal Reserve’s insistence that it will keep financial conditions as lenient as possible until the US economy heals from the effects of the coronavirus pandemic seems to be making it difficult for the greenback to attract new investors.2021-04-16T18:16:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 41852021-04-16T13:30:07.777
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 140412021-04-16T13:30:06.233
"Dow, S&P 500 Hit Record Highs",Stock Market,"Dow, S&P 500 Hit Record HighsUnited States Stock MarketThe Dow Jones and S&P 500 hit new all-time highs on Friday, and were on pace for a fourth consecutive week of gains, amid optimism about a solid economic recovery and as the first-quarter earnings season started on a high note. Housing starts in the US rose to the highest level since 2006, while data released on Thursday pointed to a strong rebound in both consumer spending and the jobs market. On the corporate front, Morgan Stanley became the latest bank to report strong earnings, following positive results from peers JPMorgan Chase, Bank of America, Wells Fargo, Citigroup and Goldman Sachs. Also, the Federal Reserve's pledge to keep interest rates low despite higher inflation continued to support sentiment. The Dow Jones added more than 100 points to 34,180; the S&P 500 advanced 8 points to 4,180; while the Nasdaq lost around 20 points to 14,015, still remaining close to a record high.2021-04-16T13:30:00"
US Building Permits Beat Forecasts in March,Building Permits,"US Building Permits Beat Forecasts in MarchUnited States Building PermitsBuilding permits in the United States rose 2.7 percent from a month earlier to a seasonally adjusted annual rate of 1.766 million in March 2021, from the previous month's 1.720 million and above market expectations of 1.75 million. Single-family authorizations advanced 4.6 percent to a rate of 1.199 million while permits for the volatile multi-segment dropped 1.2 percent to a rate of 567 thousand. Across regions, permits went up in the South (6.4 percent to 915 thousand) and the Midwest (2.0 percent to 254 thousand). The housing market has been supported by low interest rates and increasing demand from people moving away from big cities due to the coronavirus crisis.2021-04-16T12:35:00"
"US Futures Higher on Recovery Hopes, Earnings",Stock Market,"US Futures Higher on Recovery Hopes, EarningsUnited States Stock MarketUS stocks futures were higher on Friday, trading near record highs, amid expectations of a solid US recovery from the coronavirus-induced slump. Data released on Thursday showed initial jobless claims dropped last week to the lowest since mid-March 2020, while retail sales rose by the most in 10 months in March as Americans received additional pandemic relief checks. Meantime, US-10 year rates fell to five-week lows of 1.565% amid easing inflation concerns following the US Federal Reserve’s insistence that it will keep financial conditions as lenient as possible until the US economy fully recovers from the effects pandemic. Meantime, the first-quarter earnings season started on a high note with Morgan Stanley becoming the latest bank to post a big earnings beat. On Thursday, the Dow Jones rose 305 points or 0.9% to 34,036. The S&P 500 went up 46 points or 1.1% to 4,170. The Nasdaq surged 181 points or 1.3% to 14,039.2021-04-16T12:26:00"
PNC earnings at 4.10 USD,Earnings,"PNC earnings at 4.10 USDUnited States EarningsPNC (PNC) released earnings per share at 4.10 USD, compared to market expectations of 2.75 USD.2021-04-16T12:06:01.367"
Morgan Stanley earnings at 2.22 USD,Earnings,"Morgan Stanley earnings at 2.22 USDUnited States EarningsMorgan Stanley (MS) released earnings per share at 2.22 USD, compared to market expectations of 1.72 USD.2021-04-16T12:06:00.79"
US Stock Futures Ease from Fresh Records,Stock Market,"US Stock Futures Ease from Fresh RecordsUnited States Stock MarketUS Futures traded off fresh record highs valuations set in the previous session, as robust economic prospects were underscored by data on Thursday showing first-time claims for unemployment benefits tumbled last week to the lowest level since March 2020.U.S, while retail sales rose by the most in 10 months in March as Americans received additional pandemic relief checks. US-10 year rates fell to 5-week lows of 1.565% amid easing inflation concerns following the US Federal Reserve’s insistence that it will keep financial conditions as lenient as possible until the US economy heals from the effects of the coronavirus pandemic. Meantime, the first-quarter earnings season started on a high note with big banks reporting results above expectations, with Morgan Stanley set to release earnings Friday before the bell. On Thursday, the Dow Jones rose 305 points or 0.9% to 34,036. The S&P 500 went up 46 points or 1.1% to 4,170. The Nasdaq surged 181 points or 1.3% to 14,039.2021-04-16T00:55:00"
US Books Capital Inflow in February,Capital Flows,"US Books Capital Inflow in FebruaryUnited States Capital FlowsThe United States recorded a capital and financial account surplus of USD 72.6 billion in February of 2021, down from USD 106.3 billion in the prior month. Meanwhile, foreign bond investment dropped a net USD 65.5 billion in February from USD 49 billion in the previous month. Treasury International Capital (TIC) long-term transactions decreased to $4.2 billion in February from $91 billion in January.2021-04-15T20:23:14.073"
US Stocks Close at Records,Stock Market,"US Stocks Close at RecordsUnited States Stock MarketAll three main US stock indexes gained ground on Thursday, with the Dow Jones and the S&P 500 finishing at record closing levels on the back of an improved economic outlook and upbeat earnings results. Easing coronavirus restrictions tied to the accelerated rollout of COVID-19 vaccinations in the US has prompted a sharp rise in American consumer spending and the lowest new jobless claims in a year. Adding to the chipper mood, earnings from PepsiCo, UnitedHealth, Citigroup and Bank of America topped forecasts. The Dow Jones added 305 points or 0.9% to 34,036. The S&P 500 gained 46 points or 1.1% to 4,170. The tech-heavy Nasdaq outperformed its peers, surging 181 points or 1.3% to 14,039. 2021-04-15T20:01:00"
US Treasury Yields Lose Further Ground,Government Bond 10Y,"US Treasury Yields Lose Further Groundunited states Government Bond 10YThe yield on the benchmark 10-year Treasury note yields retreated further to around 1.55%, a level not seen in a month, in the aftermath of solid demand for 30-, 10-, and 3-year bond auctions, which eased some fears that investors would struggle to soak up the flood of supply hitting the market. This massive appetite for government debt has come despite an improved economic outlook. Easing coronavirus restrictions tied to the accelerated rollout of COVID-19 vaccinations in the US has prompted a sharp increase in American consumer spending and the lowest new jobless claims in a year. Also, Fed Chair has constantly played down inflationary pressures saying any rise in consumer prices would be temporary. 
2021-04-15T16:33:00"
Dollar Remains Under Selling Pressure,Currency,"Dollar Remains Under Selling PressureUnited States CurrencyThe dollar index lost significant ground this week, moving away from the 92.00 area to break below 91.50 for the first time in a month. The market moves came in tandem with a further retracement in Treasury yields, which bottomed around monthly lows of 1.55%. On top of that, the ongoing outperformance of the US economy failed to offer lasting support. A slew of data releases in the US calendar, including upbeat retail and jobless claims data, drove investors into riskier currencies, such as the New Zealand and Australian dollars. Aside from the economic indicators, the Federal Reserve’s insistence that it will keep financial conditions as lenient as possible until the US economy heals from the effects of the coronavirus pandemic seems to be making it difficult for the greenback to attract new investors. 2021-04-15T16:16:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 140032021-04-15T14:30:06.38
US Business Inventories Rise 0.5% in February,Business Inventories,"US Business Inventories Rise 0.5% in FebruaryUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 0.5 percent from a month earlier in February of 2021, in line with market expectations and following an upwardly revised 0.4 percent growth in January. It was the 8th consecutive month of gains in business inventories. Stocks at manufacturers increased 0.8 percent, accelerating from a 0.2 percent advance in the previous month while inventories at retailers showed no growth, after falling 0.3 percent. Meantime, stocks at wholesalers eased (0.6 percent vs 1.4 percent). Year-on-year, business inventories declined 0.7 percent.2021-04-15T14:04:44.46"
US Homebuilder Sentiment Edges Up in April,Nahb Housing Market Index,"US Homebuilder Sentiment Edges Up in AprilUnited States Nahb Housing Market IndexThe NAHB housing market index in the US edged up 1 point to 83 in April of 2021, matching market forecasts. Current sales conditions for the single-family segment increased 1 point to 88 and the prospective buyers' sub-index rose to 75 from 72. In contrast, sales expectations in the next six months went down 2 points to 81. “The supply chain for residential construction is tight, particularly regarding the cost and availability of lumber, appliances, and other building materials. Though builders are seeking to keep home prices affordable in a market in need of more inventory, policymakers must find ways to increase the supply of building materials as the economy runs hot in 2021”, said NAHB Chairman Chuck Fowke.2021-04-15T14:04:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 41532021-04-15T13:31:07.597
Charles Schwab earnings at 0.84 USD,Earnings,"Charles Schwab earnings at 0.84 USDUnited States EarningsCharles Schwab (SCHW) released earnings per share at 0.84 USD, compared to market expectations of 0.82 USD.2021-04-15T13:11:08.063"
Progressive earnings at 1.72 USD,Earnings,"Progressive earnings at 1.72 USDUnited States EarningsProgressive (PGR) released earnings per share at 1.72 USD, compared to market expectations of 1.78 USD.2021-04-15T13:11:07.47"
US 10-Year Treasury Yield Below Recent Highs,Government Bond 10Y,"US 10-Year Treasury Yield Below Recent HighsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note retreated to 1.60% on Thursday, close to 3-week lows, despite strong economic data as the bond market stabilized after recent Treasury auctions attracted strong demand while a dovish stance from the Fed. Retail sales in March jumped more than expected as Americas received the stimulus checks and initial claims dropped to a 1-year low. The US inflation rate accelerated to an over 2-year high of 2.6% in March boosted by energy prices but the core rate remained at 2020 levels, softening concerns over hot inflation. Also, Fed Chair has constantly played down inflationary pressures saying any rise in consumer prices would be temporary. Powell also said the Fed will not raise rates anytime soon and will reduce its bond purchases before it hikes interest rates.2021-04-15T12:56:00"
Dollar Remains Under Pressure After Upbeat Economic Data,Currency,"Dollar Remains Under Pressure After Upbeat Economic DataUnited States CurrencyThe dollar index held steady at a four-week low of 91.6 on Thursday, following the release of a batch of strong economic data. US retail sales jumped by a stronger-than-expected 9.8% in March, the most since May's record rebound; while weekly jobless claims dropped last week to an over year low. At the same time, activity indexes in New York and Philadelphia came in better than forecast. The dollar has been under pressure as Treasury yields remained below 14-month highs hit last month, while the Federal Reserve kept its dovish stance. Powell said the Fed will not raise rates anytime soon and will reduce its bond purchases before it hikes interest rates. Also, investors appear to be playing down inflation risks after fresh data showed core inflation remained at 2020 levels although the annual rate jumped to an over 2-year high of 2.6%.2021-04-15T12:43:00"
NY Business Growth at Over 3-Year High,NY Empire State Manufacturing Index,"NY Business Growth at Over 3-Year HighUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index rose to 26.3 in April of 2021 from 17.4 in March, beating market forecasts of 19.5. The reading pointed to the strongest growth in business activity in New York since October 2017, signalling the manufacturing sector likely continued to be a source of growth in Q2. New orders (26.9 vs 9.1) and shipments (25 vs 21.1) grew at a solid clip, and unfilled orders increased (21.2 vs 4). Delivery times were the longest on record (28.1 vs 11.4), and inventories were notably higher (11.6 vs 8.1). Employment levels (13.9 vs 9.4) and the average workweek (12.7 vs 10.9) both expanded modestly. Input prices rose at the fastest pace since 2008 (74.7 vs 64.4), and selling prices climbed at a record-setting pace (34.9 vs 24.2). Looking ahead, firms remained optimistic that conditions would improve over the next six months (39.8 vs 36.4), expecting significant increases in employment and prices.2021-04-15T12:35:00"
Philadelphia Factory Growth Strongest in 50 Years,Philadelphia Fed Manufacturing Index,"Philadelphia Factory Growth Strongest in 50 YearsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US rose to 50.2 in April of 2021 from a downwardly revised 44.5 in March and beating market forecasts of 42. The reading pointed to the strongest growth in factory activity in Philadelphia in nearly 50 years. The indicators for general activity, shipments, and employment all rose. The firms continued to report increases in prices. The survey’s future indexes indicate continued optimism about growth over the next six months.2021-04-15T12:35:00"
Citigroup earnings at 3.62 USD,Earnings,"Citigroup earnings at 3.62 USDUnited States EarningsCitigroup (C) released earnings per share at 3.62 USD, compared to market expectations of 2.52 USD.2021-04-15T12:16:00.557"
US Bancorp earnings at 1.45 USD,Earnings,"US Bancorp earnings at 1.45 USDUnited States EarningsUS Bancorp (USB) released earnings per share at 1.45 USD, compared to market expectations of 0.95 USD.2021-04-15T11:15:11.71"
BlackRock earnings at 7.77 USD,Earnings,"BlackRock earnings at 7.77 USDUnited States EarningsBlackRock (BLK) released earnings per share at 7.77 USD, compared to market expectations of 7.87 USD.2021-04-15T11:15:07.03"
Bank Of America earnings at 0.86 USD,Earnings,"Bank Of America earnings at 0.86 USDUnited States EarningsBank Of America (BAC) released earnings per share at 0.86 USD, compared to market expectations of 0.66 USD.2021-04-15T10:14:50.49"
UnitedHealth earnings at 5.31 USD,Earnings,"UnitedHealth earnings at 5.31 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 5.31 USD, compared to market expectations of 4.38 USD.2021-04-15T10:14:49.88"
US Jobless Claims Seen Dropping to 700K,Initial Jobless Claims,"US Jobless Claims Seen Dropping to 700KUnited States Initial Jobless ClaimsInitial jobless claims are seen falling to 700 thousand in the week ending April 10th, moving closer to a one-year low of 658 thousand hit in the March 20th week, adding to signs that the recovery of the labor market is gathering pace helped by the rapid vaccine rollout program and the government's $1.9 trillion pandemic relief package. Meanwhile, continuing claims are seen declining to 3.70 million in the April 3rd week from 3.73 million the week before, but remaining well above February 2020 levels.2021-04-15T09:34:34.497"
Dollar at 4-Week Low,currency,"Dollar at 4-Week LowUnited States currencyThe dollar index was slightly lower at a 4-week low of 91.6 on Thursday as Treasury yields remain below recent 14-month highs reached last month, while the Federal Reserve kept its dovish stance. Powell said the Fed will not raise rates anytime soon and will reduce its bond purchases before it hikes interest rates. Also, investors appear to be playing down inflation risks after fresh data showed core inflation remained at 2020 levels although the annual rate jumped to an over 2-year high of 2.6%. 2021-04-15T07:25:00"
US Dollar Index Trades at Monthly Lows,Currency,"US Dollar Index Trades at Monthly LowsUnited States CurrencyThe US Dollar Index was little changed at 91.614 in early Asian trade Thursday, holding at monthly lows following the release of monthly US CPI data in the previous session. While the inflation report showed price pressures heating up across the US, markets seemed to largely overlook this due to the ‘transient’ narrative spun by FOMC officials in recent weeks. US 10-year rates held around 1.639%. Meantime, US Centers for Disease Control and Prevention panel decided Wednesday to postpone a decision on Johnson and Johnson’s Covid-19 vaccine following the development of a rare but potentially life-threatening blood-clotting disorder. In local data, import prices jumped 6.9% yoy, the largest annual rise since January of 2012, while export prices jumped 9.1% for the largest increase since September 2011.2021-04-15T00:32:53.363"
US Stock Futures Ease From Record Highs,Stock Market,"US Stock Futures Ease From Record HighsUnited States Stock MarketUS Futures moved lower in early Asian trade on Thursday, retreating from intraday records touched in the previous session as a dip technology companies dented sentiment. Names like Tesla and Facebook ended down more than 2%. Meantime, US Centers for Disease Control and Prevention panel decided Wednesday to postpone a decision on Johnson and Johnson’s Covid-19 vaccine following the development of a rare but potentially life-threatening blood-clotting disorder. On a more positive note, big banks kicked off earnings season with better-than-expected first-quarter results, with Goldman Sachs climbing almost 3%. The S&P 500 lost 17 points or 0.4% to 4,125. The Nasdaq retreated 138 points or 1% to 13,858. Meanwhile, the Dow Jones added 54 points or 0.2% to 33,731.2021-04-15T00:28:00"
Wall Street Eases from Record Levels,Stock Market,"Wall Street Eases from Record LevelsUnited States Stock MarketWall Street closed out a choppy session mostly lower, with both the Dow and the S&P 500 retreating from their intraday records pulled down by technology companies. Names like Tesla and Facebook ended down more than 2%. Investors remained cautious about the rollout of COVID-19 vaccines after Johnson & Johnson said it would delay the delivery of its jab in Europe. This move came after US health authorities advised states to pause administering the vaccine on Americans amid blood clots concerns. On a more positive note, big banks kicked off earnings season with better-than-expected first-quarter numbers, with Goldman Sachs climbing almost 3%. The S&P 500 lost 17 points or 0.4% to 4,125. The Nasdaq retreated 138 points or 1% to 13,858. Meanwhile, the Dow Jones added 54 points or 0.2% to 33,731.  2021-04-14T20:05:00"
Wall Street Rally Fades,Stock Market,"Wall Street Rally Fades United States Stock MarketAn early rally on Wall Street lost steam toward the end of the session, with both the Dow and the S&P 500 retreating from their intraday records pulled down by technology companies. Names like Tesla, Facebook and Amazon were down more than 2%. Investors remained cautious about the rollout of COVID-19 vaccines after Johnson & Johnson said it would delay the delivery of its jab in Europe. This move came after US health authorities advised states to pause administering the vaccine on Americans amid blood clots concerns. On a more positive note, bigs banks kicked off earnings season with better-than-expected first-quarter numbers, with Goldman Sachs climbing more than 3%.  2021-04-14T19:23:14.327"
US Crude Oil Stocks Fall More than Forecast,Crude Oil Stocks Change,"US Crude Oil Stocks Fall More than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 5.889 million barrels in the April 9th week, following a 3.522 million decline in the previous period and compared with market forecasts of a 2.889 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories rose by 0.309 million barrels, less than market expectations of a 0.786 million increase.2021-04-14T14:34:13.807"
Goldman Shares Push the Dow Jones to Record,Stock Market,"Goldman Shares Push the Dow Jones to RecordUnited States Stock MarketThe Dow Jones surged more than 150 points to hit a fresh high on Wednesday, with shares of Goldman Sachs outperforming after the bank posted record net profits and revenues in Q1. JPMorgan Chase and Wells Fargo also beat analysts estimates for both earnings and revenues, raising optimism over earnings for the biggest US companies due in the next couple of weeks. The S&P 500 hovered around record levels while the Nasdaq was little changed. Meanwhile, Treasury yields were off recent year highs and investors also await Fed Chair Jerome Powell speech later in the day at the Economic Club of Washington. Also, coronavirus vaccination will remain in the spotlight after US health authorities advised states to pause administering the Johnson & Johnson's COVID-19 vaccine amid blood clots concerns. Still, officials said the pause on the use of the J&J vaccine will not slow down the vaccination campaign. 75 million Americans have been fully vaccinated so far according to the CDC.2021-04-14T13:58:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 41482021-04-14T13:55:35.183
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 338112021-04-14T13:47:35.057
Wall Street Lacks Direction as Earnings Season Kicks Off,Stock Market,"Wall Street Lacks Direction as Earnings Season Kicks OffUnited States Stock MarketUS stocks were little changed on Wednesday as the earnings season kicked off with JPMorgan Chase, Goldman Sachs and Wells Fargo beating analysts estimates for both earnings and revenues, and raising optimism over earnings for the biggest US companies due in the next couple of weeks. Also, coronavirus vaccination will remain in the spotlight after US health authorities advised states to pause administering the Johnson & Johnson's COVID-19 vaccine amid blood clots concerns. Still, officials said the pause on the use of the J&J vaccine will not slow down the vaccination campaign. 75 million Americans have been fully vaccinated so far according to the CDC.2021-04-14T13:34:00"
US Export Prices Jump 2.1% in March,Export Prices MoM,"US Export Prices Jump 2.1% in MarchUnited States Export Prices MoMPrices for US exports rose 2.1 percent from a month earlier in March 2021, following a 1.6 percent advance in February and easily beating market expectations of a 1.0 percent gain. The 6.5 percent advance from December to March was the largest three-month increase since the index was first published in September 1983. The price index for agricultural exports was up 2.4 percent (vs 2.8 percent in February) and nonagricultural export prices increased 2.0 percent (vs 1.5 percent in February). Year-on-year, export prices jumped 9.1 percent in March, the largest over-the-year increase since September 2011.2021-04-14T12:32:00"
Wells Fargo earnings at 1.05 USD,Earnings,"Wells Fargo earnings at 1.05 USDUnited States EarningsWells Fargo (WFC) released earnings per share at 1.05 USD, compared to market expectations of 0.69 USD.2021-04-14T12:04:59.883"
Goldman Sachs earnings at 18.6 USD,Earnings,"Goldman Sachs earnings at 18.6 USDUnited States EarningsGoldman Sachs (GS) released earnings per share at 18.6 USD, compared to market expectations of 10.10 USD.2021-04-14T11:30:03.87"
US Futures Little Changed as Q1 Earnings Kick Off,Stock Market,"US Futures Little Changed as Q1 Earnings Kick OffUnited States Stock MarketUS futures were little changed around record levels on Wednesday as the earnings season kicks off with JPMorgan Chase, Goldman Sachs and Wells Fargo beating analysts estimates for both earnings and revenues. Traders will continue to follow any developments on coronavirus vaccination after US health authorities advised states to pause administering the Johnson & Johnson's COVID-19 vaccine for at least a few days, after six women developed rare blood clots. Fed Chair Jerome Powell is also scheduled to speak later in the day at the Economic Club of Washington. On Tuesday, the S&P 500 rose 0.3% to close at a record high of 4,142, the Nasdaq Composite rallied 1.1% to 13,996, while the Dow Jones fell 0.2% to 33,677.2021-04-14T11:09:00"
JPMorgan Chase earnings at 4.5 USD,Earnings,"JPMorgan Chase earnings at 4.5 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 4.5 USD, compared to market expectations of 3.06 USD.2021-04-14T11:03:19.987"
US Futures Little Changed Ahead of Bank Earnings,Stock Market,"US Futures Little Changed Ahead of Bank EarningsUnited States Stock MarketUS futures were little changed around record levels on Wednesday as investors await the earnings season to kick off with Goldman Sachs, JPMorgan Chase and Wells Fargo due to report before the opening bell. Traders will continue to follow any developments on coronavirus vaccination after US health authorities advised states to pause administering the Johnson & Johnson's COVID-19 vaccine for at least a few days, after six women developed rare blood clots. Fed Chair Jerome Powell is also scheduled to speak later in the day at the Economic Club of Washington. On Tuesday, the S&P 500 rose 0.3% to close at a record high of 4,142, the Nasdaq Composite rallied 1.1% to 13,996, while the Dow Jones fell 0.2% to 33,677.2021-04-14T08:30:00"
NASDAQ 100 CFD CFD hits All-time High,Stock Market,NASDAQ 100 CFD CFD hits All-time HighUnited States Stock MarketNASDAQ 100 CFD CFD increased to an all-time high of 140052021-04-14T08:21:25.397
Dollar Index Trades at Monthly Lows,Currency,"Dollar Index Trades at Monthly LowsUnited States CurrencyThe US Dollar Index lost 0.054 points or 0.06% to 91.773 in early trade Wednesday, trading near monthly lows as higher than expected US inflation figures failed to re-ignite another rally in Treasury yields. US 10-year bond yields eased to near 3-week lows of 1.618% after the US Labor Department reported Tuesday that its consumer-price index jumped 2.6% in the year ended March, the biggest 12-month increase since August 2018, with nearly half the increase due to a 9.1% jump in gasoline prices. That may be because markets view the uptick as a transitory event following dovish comments from Federal Reserve. Sentiment for the greenback was also dented as the Food and Drug Administration’s requested for states to pause administering Johnson & Johnson’s Covid-19 vaccine after six people in the US developed a rare disorder involving blood clots.2021-04-14T00:26:00"
US Stock Futures Trade at Fresh Record Valuations,Stock Market,"US Stock Futures Trade at Fresh Record ValuationsUnited States Stock MarketUS futures traded slightly off fresh record highs in early Asian trade as market participants shrugged off the Food and Drug Administration’s request for states to pause administering Johnson & Johnson’s Covid-19 vaccine after six people in the U.S. developed a rare disorder involving blood clots. The news sparked a rotation into the tech sector, as Tesla and Apple reasserted their dominance, soaring 8% and 2.5%, respectively. Meantime, JPMorgan, Goldman Sachs and Wells Fargo are due to report earnings before the bell Wednesday. US 10-year bond yields eased to near 3-week lows of 1.616% after the US Labor Department reported Tuesday that its consumer-price index jumped 2.6% in the year ended March, the biggest 12-month increase since August 2018. On Tuesday, the S&P 500 climbed 0.4% to close at a record high; the Nasdaq Composite rallied 1.21%, while the Dow Jones fell 0.2%.
.2021-04-14T00:20:00"
US Crude Stocks Fall for 2nd Straight Week,API Crude Oil Stock Change,"US Crude Stocks Fall for 2nd Straight WeekUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 3.608 million barrels in the week ended April 9th of 2021, following a 2.618 million drop in the previous week, and marking the second straight weekly decline, data from the American Petroleum Institue showed.2021-04-13T20:47:29.207"
Treasury Yields Retreat After 30-Year Bond Auction,Government Bond 10Y,"Treasury Yields Retreat After 30-Year Bond AuctionUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note retreated further to around 1.63% on Tuesday after a solid auction for 30-year bonds, while the latest US inflation figures were not enough to re-ignite another rally in Treasury yields. After yields rose to appetizing levels, an auction of $24 billion in 30-year bonds was well received, with investors abroad snapping up 76.95% of the auction, easing concerns of a bearish turn in the bond market. On Monday, sales of 3-year and 10-year notes also showed adequate demand.
2021-04-13T17:20:00"
Dollar Touches Three-Week Low,Currency,"Dollar Touches Three-Week LowUnited States CurrencyThe dollar index bottomed around the 92.00 level on Tuesday, in a choppy session that saw the greenback dive from an intraday high of 92.30 to a three-week low of 91.90 after the US inflation figures were not enough to re-ignite another rally in Treasury yields. The US consumer price inflation jumped to 2.6% in March, the highest since August 2018 but only marginally above the market consensus of 2.5% and mainly because of the base effect. Aside from the inflation outlook, the Federal Reserve’s insistence that it will keep financial conditions as lenient as possible until the US economy heals from the effects of the coronavirus pandemic seems to be making it difficult for the US currency to attract new investors this month.  2021-04-13T15:14:15.037"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 41322021-04-13T14:00:01.65
NASDAQ 100 CFD Hits All-time High,Stock Market,NASDAQ 100 CFD Hits All-time HighUnited States Stock MarketNASDAQ 100 CFD increased to an all-time high of 138852021-04-13T13:30:02.5
Dollar Briefly Jumps on Inflation Data,Currency,"Dollar Briefly Jumps on Inflation DataUnited States CurrencyThe dollar index briefly jumped to 92.3 Tuesday, before cutting the gains to trade around the flat line at a near three-month low of 92.1, after economic data showed US consumer prices rose more than expected in March, adding to concerns about growing inflationary pressure. Investors worry that the Federal Reserve could tight monetary policy sooner than anticipated, even as Fed chair Jerome Powell has played down such concerns before. The monthly report followed on the heels of news last week that producer prices jumped 1% during the same period, also above market forecasts, boosted by the largest increase in goods cost since December 2009. The greenback lost around 1% last week, its worst week this year, but still, the currency has room for upside momentum as the American economy seems better positioned than others for a strong recovery from the coronavirus pandemic.2021-04-13T12:42:00"
US 10-Year Yield Little Changed after Inflation Report,Government Bond 10Y,"US 10-Year Yield Little Changed after Inflation ReportUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note ticked down to 1.67% on Tuesday after a slightly stronger-than-expected rise in the March consumer price index. Consumer price index for March rose 0.6% and its core gauge, stripping out volatile food and energy prices, rose 0.3%. Markets were expecting a 0.5% increase in CPI and a 0.2% gain in core CPI. Meantime, traders await the 30-year auction later in the day. On Monday, sales of 3-year and 10-year notes showed adequate demand, easing some fears that investors would struggle to soak up the flood of supply hitting the market. The 10-year benchmark remains below 14-month highs of 1.78% reached last month on improving demand for the debt, though it remains elevated as investors continue to worry that fiscal stimulus and vaccination will boost growth and push prices up.2021-04-13T12:38:00"
Dow Jones CFD hits All-time High,Stock Market,Dow Jones CFD hits All-time HighUnited States Stock MarketDow Jones CFD increased to an all-time high of 338102021-04-13T09:57:59.747
US Futures Little Changed ahead of Inflation,Stock Market,"US Futures Little Changed ahead of InflationUnited States Stock MarketUS futures were little changed on Tuesday as investors await the inflation rate release that will provide an update on price pressures as the economy recovers from the coronavirus pandemic. Inflation is seen rising to 2.5%, the highest level since January 2020 from 1.7%. Fed Chair Powell has been reiterating any spike in inflation would be temporary and the Fed will let inflation run hot for some time without changing asset purchases. Meanwhile, the earnings season is about to kick-off and other economic reports will also be in the spotlight this week. On Monday, the Dow Jones fell 55 points or 0.2% to 33,745, while the Nasdaq went down 50 points or 0.4% to 13,850. The S&P 500 ended virtually flat at 4,128.2021-04-13T08:37:00"
Dollar Hovers at 3-Week Lows,Currency,"Dollar Hovers at 3-Week LowsUnited States CurrencyThe dollar index was little changed at 92.1 on Tuesday, remaining close to a 3-week low, as traders await the release of key economic data in US including the inflation rate. Investors worry about a spike in inflation amid increased fiscal and monetary stimulus and as businesses reopen from COVID-19 related closures. Still, the Fed chair has been persistently downplaying inflationary risks, saying a rise in prices would be temporary. Meanwhile, Treasury yields edged up but remained off 14-month highs reached recently. The greenback lost around 1% last week, its worst week this year, but still, the currency has room for upside momentum as the American economy seems better positioned than others for a strong recovery from the coronavirus pandemic.2021-04-13T08:09:00"
US Stock Futures Hover Near Record Highs,Stock Market,"US Stock Futures Hover Near Record HighsUnited States Stock MarketUS Futures held near record highs on Tuesday as traders await the upcoming corporate earnings that will kick off on Wednesday. Meantime, inflation, export and import prices, retail sales, and industrial production data will also be in the spotlight later this week. US 10-year bond yields on Monday were steady at 1.676% after Federal Reserve Chair Jerome Powell noted Sunday the US economy was at an “inflection point” with expectations for faster growth in the months ahead while warning that a hasty reopening could lead to a continued increase in coronavirus cases. In local data, the US government posted a March budget deficit of $660 billion, a record high for the month, as direct payments to Americans under President Joe Biden’s stimulus package were distributed. On Monday, the Dow Jones fell 55 points or 0.2% to 33,745, while the Nasdaq fell 50 points or 0.4% to 13,850. The S&P 500 ended virtually flat at 4,128.2021-04-13T06:15:00"
US Dollar Index Retraces 3-Week Lows,Currency,"US Dollar Index Retraces 3-Week LowsUnited States CurrencyThe US Dollar Index added 0.077 points or 0.08% to 92.16 in early trade Tuesday ahead of highly anticipated US inflation and retail sales data in coming days, while US 10-year bond yields were steady at 1.676% as the Treasury Department saw solid demand for new sales of three-year and 10-year notes. US consumer price data for March due on Tuesday remains a major economic focus amid concerns that price pressures will increase due to increased fiscal and monetary stimulus and as businesses reopen from COVID-19 related closures. Over the weekend, Fed Chair Powell noted that the Fed wants to see inflation move up to 2% with the economy set to start growing much more quickly although the downside risk of the coronavirus remains. In local data, the US government posted a March budget deficit of $660 billion, a record high for the month, as direct payments to Americans under President Joe Biden’s stimulus package were distributed.2021-04-13T00:48:00"
US Stock Futures Hold Near Record Valuations,Stock Market,"US Stock Futures Hold Near Record ValuationsUnited States Stock MarketUS Futures held near record highs in early Asian trade on Tuesday as investors wait for cues from the upcoming corporate earnings season and a key inflation report later this week. US 10-year bond yields were steady at 1.676% after Federal Reserve Chair Jerome Powell noted on Sunday the US economy was at an “inflection point” with expectations for faster growth in the months ahead, while warning that a hasty reopening could lead to a continued increase in coronavirus cases. In local data, the US government posted a March budget deficit of $660 billion, a record high for the month, as direct payments to Americans under President Joe Biden’s stimulus package were distributed. Meantime, inflation, export and import prices, retail sales and industrial production data will also be in the spotlight later this week. On Monday, the Dow Jones fell 55 points or 0.2% to 33,745, while the Nasdaq retreated 50 points or 0.4% to 13,850. The S&P 500 ended virtually flat at 4,128.2021-04-13T00:38:00"
Wall Street Rally Pauses,Stock Market,"Wall Street Rally PausesUnited States Stock MarketUS stocks struggled to gain traction and closed lower on Monday, as investors appeared quite reluctant to open new positions ahead of a busy week of economic data and earnings reports. While corporate America's earnings are likely to reinforce the view of a robust US economic bounce, given the successful vaccine rollout and unprecedented monetary and fiscal policy support, there are still worries about an increase in taxes and the potential for higher inflation. Goldman Sachs, JPMorgan Chase and Wells Fargo are due to report quarterly results on Wednesday. The inflation rate, export and import prices, retail sales and industrial production data will also be in the spotlight later this week. The Dow Jones fell 55 points or 0.2% to 33,745, while the Nasdaq retreated 50 points or 0.4% to 13,850. The S&P 500 ended virtually flat at 4,128. 2021-04-12T20:03:00"
Treasury Yields Slightly Higher After 10-year Note Auction,Government Bond 10Y,"Treasury Yields Slightly Higher After 10-year Note AuctionUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note yields held slightly higher around 1.67% on Monday, following a three-year and ten-year note auction, which was met with adequate demand, easing some fears that investors would struggle to soak up the flood of supply hitting the market. Aside from the auctions, traders await a batch of new US economic data during the week, including inflation rate and export and import prices. Last week, producer prices rose much faster than expected, but the Fed chair has been reiterating that any spike in prices would likely be temporary.2021-04-12T17:23:00"
Wall Street Retreats Slightly from Records,Stock Market,"Wall Street Retreats Slightly from RecordsUnited States Stock MarketUS stocks traded slightly lower on Monday, following record closes last week, as investors await the earnings season to kick-off and key economic data. All 3 main stock indexes were down around 0.2%. Goldman Sachs, JPMorgan Chase and Wells Fargo are due to report quarterly results on Wednesday. Inflation rate, export and import prices, retail sales and industrial production data will also be in the spotlight. Meanwhile, Jerome Powell said during an interview to CBS news' ""60 Minutes"" the Fed wants to see inflation move up to 2% and the US economy is at an inflection point and is about to start growing much more quickly although there is still the risk the disease would spread again. Last week, the Dow added more than 1%, the S&P 500 gained nearly 2%, while the Nasdaq Composite rallied 2.4%.2021-04-12T13:33:00"
US Futures Lower as Investors Eye Inflation,Stock Market,"US Futures Lower as Investors Eye InflationUnited States Stock MarketUS futures were lower on Monday, following record closes last week, as investors await the earnings season to kick-off and key economic data. Contracts on the Dow Jones sank almost 150 points, while both S&P 500 and Nasdaq futures were down around 0.2%. Goldman Sachs, JPMorgan Chase and Wells Fargo are due to report quarterly results on Wednesday. Inflation rate, export and import prices, retail sales and industrial production data will also be in the spotlight. Meanwhile, Jerome Powell said during an interview to CBS news' ""60 Minutes"" the Fed wants to see inflation move up to 2% and the US economy is at an inflection point and is about to start growing much more quickly although there is still the risk the disease would spread again. On Friday, the Dow Jones hit a record 33801 and the S&P 500 ended at 4129, its 3rd straight record close. During the week, the Dow added more than 1%, the S&P 500 gained nearly 2%, while the Nasdaq Composite rallied 2.4%.2021-04-12T08:50:00"
US Stocks Set to Open Lower,Stock Market,"US Stocks Set to Open LowerUnited States Stock MarketUS stock futures traded markedly lower on Monday, retreating from record highs reached last week, after the Federal Reserve said Sunday that the primary risk to the economy remains the pandemic. At the same time, long-term bond yields in the US remained elevated ahead of the release of inflation and retail sales data later this week. Meantime, first-quarter earnings reports will kick off on Wednesday, with updates expected from major banks, such as JPMorgan Chase, Citigroup, and Wells Fargo. On the data front, US producer prices rose more than expected in March, posting the biggest annual gain in 9-1/2 years. Last week, the Dow jumped more than 1%, the S&P 500 climbed nearly 2%, and the Nasdaq Composite rallied 2.4%, on the back of massive fiscal spending and a continued dovish monetary policy stance.2021-04-12T06:22:00"
US Stock Futures Retrace Record Highs,Stock Market,"US Stock Futures Retrace Record HighsUnited States Stock MarketUS Futures eased from record highs in early Asian trade Monday, following the 3rd consecutive week of gains amid the US Federal Reserve’s expectations of a swifter economic recovery as investors paused ahead of US earnings, while bond markets remained elevated ahead of potentially strong readings for inflation and retail sales this week. Traders were also monitoring fallout from Alibaba Group Holdings after China hit the e-commerce giant with a record US$2.75 billion fine. US 10-year bond yields were at 1.673%, as Federal Reserve Chair Jerome Powell noted that the US economy is at a turning point thanks to government support and a speedy campaign to inoculate Americans against Covid-19. On the data front, US producer prices rose more than expected in March, recording the biggest annual gain in 9-1/2 years. Last week, the Dow added more than 1%, the S&P 500 gained nearly 2%, while the Nasdaq Composite rallied 2.4%.2021-04-12T00:26:00"
US Wholesale Inventories Revised Higher,Wholesale Inventories,"US Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the US increased 0.6 percent from a month earlier in February of 2021, after a 1.4 percent rise in January and above a preliminary estimate of a 0.5 percent advance. It was the seventh consecutive month of gains in wholesale inventories. Nondurable goods stocks rose 1.1 percent (vs 1.7 percent in January) and durable goods inventories were up 0.3 percent (vs 1.3 percent in January). On a yearly basis, wholesale inventories advanced 2 percent in February.2021-04-09T14:03:00"
US Futures Lack Direction,Stock Market,"US Futures Lack Direction United States Stock MarketUS futures traded around the flatline on Friday, after the S&P 500 booked another record close in the previous session. Treasury yields edged up and investors continue to bet that economic growth will pick up pace and inflation will go up although the Fed has persistently paying down inflation risks. On the data front, producer prices will be in the spotlight early in the morning. On Thursday, the Dow Jones rose 57 points or 0.2% to 33,504. The S&P 500 went up 17 points or 0.4% to a record 4,097. The Nasdaq surged 140 points or 1% to 13,829. All 3 main stock indexes are set to end the week higher. The Dow is up nearly 1.6% so far, the S&P 500 1.9% and the Nasdaq around 2.5%. 2021-04-09T09:29:47.687"
US 10-Year Treasury Yield around 1.65%,Government Bond 10Y,"US 10-Year Treasury Yield around 1.65%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note was slightly higher at 1.65% on Friday but remained below 14-month highs of 1.78% last month. The bond market is stabilizing as investors continue to digest prospects of a stronger global growth and expectations of a surge in inflation although the Fed played down inflation risks several times. The IMF raised its outlook for global economic growth to 6% from 5.2% this year, citing additional fiscal support. In the US, fresh economic data pointed to a robust recovery although initial jobless claims remain elevated. Also, the Fed is unlikely to taper anytime soon while a new infrastructure plan worth $2.25 trillion was unveiled by President Biden but it will likely face strong GOP opposition as it will be funded by higher corporate taxes.2021-04-09T07:56:00"
Dollar Hits 2-Week Low,Currency,"Dollar Hits 2-Week Low United States CurrencyThe dollar index lost significant ground this week, testing the 92 neighbourhood for the first time in more than two weeks, in tandem with US Treasury yields, which retreated further from a more than one-year highs. Worse-than-expected initial jobless claims and a dovish Federal Reserve minutes released on Wednesday, which reiterated that the US central bank would keep financial conditions as lenient as possible for the foreseeable future, were another driver behind this dollar’s weakness. However, the currency has room for further upside momentum as the American economy seems better positioned than others for a strong recovery from the coronavirus pandemic.2021-04-08T19:14:00"
S&P 500 & Nasdaq Futures Higher,Stock Market,"S&P 500 & Nasdaq Futures HigherUnited States Stock MarketS&P 500 and Nasdaq futures were trading higher on Thursday, after the S&P 500 booked a record close in the previous session, as investors digest recent FOMC minutes and prospects of strong global growth. Fed officials reiterated their commitment to continue supporting the US economy and noted they would need to see more progress on the recovery before tapering. Meanwhile, Dow Jones futures retreated slightly after latest data showed jobless fillings rising for the second week in a row, a sign that the job market continues to heal slowly. On Wednesday, the Dow Jones added 16 points or 0.1% to 33,446. The S&P 500 gained 6 points or 0.2% to a record 4,080. The Nasdaq, however, fell 10 points or 0.1% to 13,689.2021-04-08T12:37:00"
US Jobless Claims Seen Dropping to 680K,Initial Jobless Claims,"US Jobless Claims Seen Dropping to 680KUnited States Initial Jobless ClaimsInitial jobless claims are seen falling to 680 thousand in the beginning of April, following an unexpected increase last week to 719 thousand. Claims hit 658 thousand in the March 20th week, their lowest level in a year, as more businesses reopened due to the vaccine rollout programme and the government's massive $1.9 trillion pandemic relief package. Meanwhile, continuing claims are seen declining to 3.65 million in the March 27th week from 3.79 million the week before, but remaining well above February 2020 levels.2021-04-08T10:32:00"
US Futures Slightly Higher,Stock Market,"US Futures Slightly HigherUnited States Stock MarketUS futures were slightly higher on Thursday, after the S&P 500 booked a record close in the previous session, as investors digest recent FOMC minutes and prospects of a strong global growth. Fed officials reiterated their commitment to continue supporting the US economy and noted they would need to see more progress on the recovery before tapering. Meanwhile, the Department of the Treasury published a report describing President Biden’s new tax plan. The report showed the new plan would bring back about $2 trillion in corporate profits into the US tax net and noted that only 45 large companies would pay the 15% minimum tax proposed. Traders will also keep a close eye on the claims report. On Wednesday, the Dow Jones added 16 points or 0.1% to 33,446. The S&P 500 gained 6 points or 0.2% to a record 4,080. The Nasdaq, however, fell 10 points or 0.1% to 13,689.2021-04-08T09:13:23.497"
US 10-Year Treasury Yield Below 14-Month Highs,Government Bond 10Y,"US 10-Year Treasury Yield Below 14-Month HighsUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was little changed at 1.66% on Thursday as global stocks continue to trade around all-time highs and investors digest the latest FOMC minutes and prospects of a stronger global economic rebound. The Fed is unlikely to taper anytime soon and officials saw the economy gaining substantially. Meanwhile, the IMF raised its outlook for global economic growth to 6% from 5.2% this year, citing additional fiscal support. The bond market has been stabilizing in the last three weeks with the key yield remaining around 1.65%-1.7% as investors remain optimistic over coronavirus vaccination and fiscal support. Meanwhile, traders follow negotiations between Republicans and Democrats over President Biden's new infrastructure plan worth $2.25 trillion which will likely face strong GOP opposition as it will be funded by higher corporate taxes.2021-04-08T07:34:00"
US Stocks Trades at Near-Record Highs,Stock Market,"US Stocks Trades at Near-Record HighsUnited States Stock MarketUS stock futures were in the green, trading at a near-record high on Thursday, after the US Federal Reserve reaffirmed its commitment to supporting the economy with low-interest rates and bond-buying for the foreseeable future. Meantime, US data continued to surprise on the upside with consumer credit growth hitting its highest since 2017, payrolls rising the most in 7 months,  and job openings touching a 2-year high. Sentiment was further boosted as vaccine distribution ramps up across the US as President Joe Biden bumped up his deadline for states to make doses available to all adults by April 19th. On Wednesday, the Dow Jones added 16 points or 0.1% to 33,447. The S&P 500 gained 6 points or 0.2% to a record 4,080. The Nasdaq, however, fell 10 points or 0.1% to 13,689.2021-04-08T06:42:00"
US Dollar Index Little Changed,Currency,"US Dollar Index Little ChangedUnited States CurrencyThe US Dollar Index was little changed at 92.421 in early trade Thursday, lifting from 2-week lows in the previous session as recent figures pointed to a strong economic recovery, with payrolls rising the most in 7 months, the ISM Services PMI reaching a record high, and job openings touching a 2-year high. Sentiment was further boosted as vaccine distribution ramps up across the US after President Joe Biden bumped up his deadline for states to make doses available to all adults by April 19. Meantime, US Fed Chair Jerome Powell reiterated the central bank’s commitment to supporting the economy with low interest rates and bond buying for the foreseeable future. Traders are also monitoring developments of the IMF/World Bank 2021 Spring Meetings after Janet Yellen notably called for a global minimum corporate tax rate earlier this week, coinciding with President Biden’s plans to raise the US corporate rate to 28% from 21% to help fund his $2 trillion infrastructure plan.2021-04-08T00:36:00"
US Stock Futures Touch Fresh Record Highs,Stock Market,"US Stock Futures Touch Fresh Record HighsUnited States Stock MarketUS stock futures lifted to fresh record valuations in early trade on Thursday as strong US data and upgraded economic projections from the Federal Reserve fuelled risk sentiment. Recent figures pointed to a swift recovery, with payrolls rising the most in 7 months, the ISM Services PMI reaching a record high and job openings touching a 2-year high. Sentiment was further boosted as vaccine distribution ramps up across the US as President Joe Biden bumped up his deadline for states to make doses available to all adults by April 19. On the policy side, minutes from the last FOMC meeting did not surprise investors, with Chairman Jerome Powell underscoring the bank’s commitment to supporting the economy with low-interest rates and bond-buying for the foreseeable future. On Wednesday, the Dow Jones added 16 points or 0.1% to 33,447. The S&P 500 gained 6 points or 0.2% to 4,080. The tech-heavy Nasdaq, however, fell 10 points or 0.1% to 13,689.2021-04-08T00:04:00"
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 40872021-04-07T23:33:33.23
US Imports Fall 0.7% in February,Imports,"US Imports Fall 0.7% in FebruaryUnited States ImportsImports to the United States declined by USD 1.7 billion from a month earlier to USD 258.3 billion in February 2021, led by lower purchases of vehicles, parts and engines (down USD 3.4 billion), and consumer goods (down USD 2.7 billion) on the back of pharmaceutical preparations. On the other hand, purchases of industrial supplies and materials increased USD 3.5 billion, boosted by finished metal shapes, crude oil, and natural gas. Imports of services increased USD 0.3 billion, led by transport and insurance services.2021-04-07T12:36:00"
US Exports Drop 2.6% in February,Exports,"US Exports Drop 2.6% in FebruaryUnited States ExportsExports from the United States decreased by USD 5.0 billion from a month earlier to USD 187.3 billion in February 2021 amid weakening global demand, as rising COVID-19 infections worldwide prompted several trade partners to impose new restrictive measures. Sales fell for capital goods (down USD 2.5 billion) led by other industrial machinery, civilian aircraft and semiconductors, consumer goods (down USD 0.9 billion), foods, feeds, and beverages (down USD 0.7 billion), and vehicles (down USD 0.7 billion). In addition, exports of services were down USD 0.2 billion, due to travel.2021-04-07T12:33:00"
Dollar Hovers at 2-Week Low,Currency,"Dollar Hovers at 2-Week LowUnited States CurrencyThe dollar index was little changed at an almost 2-week low of 92.3 on Wednesday as investors' appetite for riskier assets improved after the IMF raised global growth forecasts to 6% from 5.2% this year, citing additional fiscal support. Meanwhile, Treasury yields continued to retreat and stayed well below 14-month highs reached last month as the market seems to be stabilizing and investors roll back expectations the Fed will tighten sooner than expected. However, the fundamentals for the dollar remain strong and the currency has room for further upside momentum as the American economy seems better positioned than others for a strong recovery from the coronavirus pandemic. The US economy created the most jobs in 7 months in March, and the ISM Services PMI showed record growth in the services sector. Also, President Biden unveiled a $2.25 trillion infrastructure plan to boost the economic recovery, although the package is likely to face strong GOP opposition.2021-04-07T07:52:00"
US Stock Futures Rise Slightly,Stock Market,"US Stock Futures Rise SlightlyUnited States Stock MarketUS stock futures traded slightly higher on Wednesday after Wall Steet retreated from record highs in the prior session. Traders welcomed reports that US job openings rose to a two-year high in February while hiring had its biggest gain in nine months. Meantime, the yield on the benchmark 10-year Treasury retreated to 1.66% on Tuesday, amid a stabilization in the bond market in the last three weeks, with the key yield remaining around 1.65%-1.7%. On the pandemic front, President Joe Biden Tuesday moved up the COVID-19 vaccine eligibility target for all American adults to April 19th. Investors now await the IMF/WB 2021 Spring Meetings after Janet Yellen called for a global minimum corporate tax rate earlier this week, coinciding with Biden’s plans to raise the US corporate rate to help fund his $2.25 trillion infrastructure plan. On Tuesday, the Dow Jones lost 97 points or 0.3% to 33,430. The S&P 500 fell 4 points or 0.1% to 4,074. The Nasdaq retreated 7 points or 0.1% to 13,698.

2021-04-07T07:01:00"
Dollar Index Holds at 2-Week Lows,Stock Market,"Dollar Index Holds at 2-Week LowsUnited States Stock MarketThe US Dollar Index was little changed at 92.335 in early trade Wednesday, holding near 2-week lows as risk sentiment was boosted amid a strong economic recovery in the US, further fiscal stimulus support and easing long term bond yields. Local 10-year Treasury yields remained off 14-month highs at 1.668%. Meantime, traders turn attention to the IMF/World Bank 2021 Spring Meetings after Janet Yellen notably called for a global minimum corporate tax rate earlier this week, coinciding with President Biden’s plans to raise the US corporate rate to 28% from 21% to help fund his $2 trillion infrastructure plan. In local data, the number of job openings in the US rose by 268 thousand from the previous month to 7.367 million in February 2021, the highest level since January 2019, while US services activity growth hit a fresh record high in March.2021-04-07T00:10:55.767"
US Stock Futures Trade Near Record Highs,Stock Market,"US Stock Futures Trade Near Record HighsUnited States Stock MarketUS futures ticked higher in early Asian trade on Wednesday, following a retreat from record highs in the previous session amid sustained enthusiasm about a swift economic rebound. Between optimism over fiscal stimulus packages and a fast roll-out of Covid-19 vaccination in the US that led to blowout employment and service sector reports for March, there are worries about higher taxes and the potential for rampant inflation. Market participants will also keep an eye on the IMF/World Bank 2021 Spring Meetings after Janet Yellen notably called for a global minimum corporate tax rate earlier this week, coinciding with President Biden’s plans to raise the US corporate rate to 28% from 21% to help fund his $2 trillion infrastructure plan. On Tuesday, the Dow Jones lost 97 points or 0.3% to 33,430. The S&P 500 declined 4 points or 0.1% to 4,074. The Nasdaq retreated 7 points or 0.1% to 13,698.2021-04-07T00:05:00.46"
API: US Crude Stocks Fall More Than Expected,API Crude Oil Stock Change,"API: US Crude Stocks Fall More Than ExpectedUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 2.62 million barrels in the week ended April 2nd, 2021, following a 3.91 million gain in the previous week, and compared with market expectations of a 1.33 million drop, data from the American Petroleum Institute showed.2021-04-06T20:36:53.53"
US 10-Year Treasury Yield Retreats to 1.66%,Government Bond 10Y,"US 10-Year Treasury Yield Retreats to 1.66%United States Government Bond 10YThe yield on the benchmark 10-year Treasury retreated to 1.66% on Tuesday as stocks trade around record highs and after job openings were the highest in 2 years. The bond market has been stabilizing in the last three weeks with the key yield remaining around 1.65%-1.7% as investors remain optimistic over a strong economic recovery in the US amid coronavirus vaccination and further fiscal stimulus support. Meanwhile, traders follow negotiations between Republicans and Democrats over President Biden's new infrastructure plan worth $2.25 trillion which will likely face strong GOP opposition as it will be funded by higher corporate taxes.2021-04-06T15:48:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 40832021-04-06T14:01:08.7
US 10-Year Treasury Yield Retreats Ahead of Auction,Government Bond 10Y,"US 10-Year Treasury Yield Retreats Ahead of AuctionUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury retreated 1.66% on Tuesday ahead of a 42-day bill auction later in the day and after job openings were the highest in 2 years. The bond market has been stabilizing in the last three weeks with the key yield remaining around 1.65%-1.7% as investors remain optimistic over a strong economic recovery in the US amid coronavirus vaccination and further fiscal stimulus support. Meanwhile, traders follow negotiations between Republicans and Democrats over President Biden's new infrastructure plan worth $2.25 trillion which will likely face strong GOP opposition as it will be funded by higher corporate taxes.2021-04-06T13:29:00"
Dollar Close to 2-Week Low,Currency,"Dollar Close to 2-Week LowUnited States CurrencyThe dollar index eased to an almost 2-week low of 92.30 and Treasury yields retreated on Tuesday, amid prospects of a stronger global economic rebound, which boosted investors' appetite for other currencies such as the Euro, the Yen, and the Mexican peso. The IMF raised its outlook for global economic growth to 6% from 5.2% this year, citing additional fiscal support. Meanwhile, the fundamentals for the dollar remain strong and the currency has room for further upside momentum as the American economy seems better positioned than others for a strong recovery from the coronavirus pandemic. The US economy created the most jobs in 7 months in March, and the ISM Services PMI showed record growth in the services sector. Also, President Biden unveiled a $2.25 trillion infrastructure plan to boost the economic recovery, although the package is likely to face strong GOP opposition, especially over a corporate tax hike increase.2021-04-06T13:19:00"
US 10-Year Treasury Yield Hovers at Over 1-Year High,Government Bond 10Y,"US 10-Year Treasury Yield Hovers at Over 1-Year HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note was little changed at 1.71% remaining close to a 14-month high of 1.78% hit last month, after a stronger-than-expected payrolls report and a record ISM Services PMI added to prospects of a strong economic recovery. The bond market has been stabilizing in the last three weeks with the key yield remaining around 1.65%-1.7% as investors remain optimistic over a strong economic recovery in the US amid coronavirus vaccination and further fiscal stimulus support. Meanwhile, traders follow negotiations between Republicans and Democrats over President Biden's new infrastructure plan worth $2.25 trillion which will likely face strong GOP opposition as it will be funded by higher corporate taxes.2021-04-06T08:54:00"
US 10-Year Treasury Yield Edges Down to 1.69%,Government Bond 10Y,"US 10-Year Treasury Yield Edges Down to 1.69%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged down to 1.69% on Tuesday, retreating from a 14-month high of 1.78% last month, as stocks rallied to records after a stronger-than-expected payrolls report and a record ISM Services PMI. The bond market appears to be stabilizing after a big rally that intensified from January, with the key yield trading around 1.65%-1.7% levels in the previous 3 weeks as investors remain optimistic over a strong economic recovery in the US amid coronavirus vaccination and further fiscal stimulus support. The payrolls report on Friday showed the US economy added 916K jobs in March, the most in 7 months, pushing the jobless rate to a 1-year low of 6%. Meanwhile, traders follow any negotiations between Republicans and Democrats over President Biden's new infrastructure plan worth $2.25 trillion which will likely face strong GOP opposition as it will be funded by higher corporate taxes.2021-04-06T06:58:11.387"
Dollar Index Trades Flat at Weekly Lows,Currency,"Dollar Index Trades Flat at Weekly LowsUnited States CurrencyThe dollar index traded around the flatline at 92.7 on Tuesday, after falling to an over one-week low in the previous session as strong US data and steady long term bond yields boosted risk appetite. The US economy created the most jobs in 7 months in March, and the ISM Services PMI showed record growth in the services sector, while US 10-year Treasury yields eased to 1.697%. Also, President Biden unveiled a $2.25 trillion infrastructure plan to boost the economic recovery, although the package is likely to face strong GOP opposition, especially over a corporate tax hike increase. The fundamentals for the dollar remain strong and the currency has room for further upside momentum as the American economy seems better positioned than others for a strong recovery from the coronavirus pandemic.2021-04-06T00:40:00"
US Stock Futures Trade at Record Highs,Stock Market,"US Stock Futures Trade at Record HighsUnited States Stock MarketUS stock futures held near record valuations in early Asian trade, following a strong rally in recent sessions as widespread vaccinations and an unprecedented government stimulus boosted investor confidence in an economic rebound. On the data front, the ISM Services PMI jumped to a record 63.7 in March, well above forecasts of 59, due to the lifting of coronavirus pandemic-related restrictions, while US nonfarm payrolls surged by 916,000 jobs in March, raising hopes of a faster-than-expected economic recovery. Meanwhile, market participants will follow negotiations between Democrats and Republicans on President Biden's $2.25 trillion infrastructure plan. On Monday, the Dow Jones added 374 points or 1.1% to 33,527. The S&P 500 gained 58 points or 1.4% to 4,078. The tech-heavy Nasdaq outperformed its peers, surging 226 points or 1.7% to 13,706.2021-04-06T00:21:00"
Dollar Loses Momentum,Currency,"Dollar Loses Momentum United States CurrencyThe dollar index bottomed around 92.60 on Tuesday, moving further away from an almost five-month peak of 93.44 touched in the previous week as positive signals on the US economy and an accelerating vaccination rollout spooked investors out of safe-haven assets. The ISM Services PMI jumped to a record 63.7 in March, well above forecasts of 59, due to the lifting of coronavirus pandemic-related restrictions. This backdrop, together with Friday's report showing US nonfarm payrolls surged by 916,000 jobs in March, raised hopes of a faster-than-expected economic recovery. This improved economic outlook for the world's largest economy contrasts with sluggish growth for the eurozone in 2021, leaving room for more dollar's strength in the near term.2021-04-05T22:07:59.363"
Dollar Falls as Stocks Rally,Currency,"Dollar Falls as Stocks RallyUnited States CurrencyThe dollar index fell to an over one-week low of 92.6 on Monday, amid a stock rally and steady Treasury yields. Still, the greenback has been hovering at levels not seen since November of 2020 amid prospects of a strong US economic recovery. The US economy created the most jobs in 7 months in March, and the ISM Services PMI showed record growth in the services sector. Also, President Biden unveiled a $2.25 trillion infrastructure plan to boost the economic recovery, although the package is likely to face strong GOP opposition, especially over a corporate tax hike increase. The fundamentals for the dollar remain strong and the currency has room for further upside momentum as the American economy seems better positioned than others for a strong recovery from the coronavirus pandemic.
2021-04-05T14:30:00"
US Private Sector Output Expands Most Since 2014: Markit,Composite PMI,"US Private Sector Output Expands Most Since 2014: MarkitUnited States Composite PMIThe IHS Markit US Composite PMI was revised higher to 59.7 in March 2021, from a preliminary estimate of 59.1 and above February's 59.5, signaling the fastest upturn in private sector business activity since August 2014. Service sector activity growth accelerated to an over six-and-a-half-year high, while the manufacturing production expansion slowed. Overall new business advanced the most since September 2014 and employment continued to rise at a solid pace. Price pressures remained elevated across the private sector, while business expectations regarding the outlook for output over the coming year were robust.2021-04-05T14:02:00"
US March Services PMI Revised Higher: Markit,Services PMI,"US March Services PMI Revised Higher: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 60.4 in March 2021, from a preliminary estimate of 60.0 and above the previous month's reading of 59.8, signaling the fastest output growth since July 2014. New business expanded the most in six years, reflecting strengthening client demand amid easing of virus containment restrictions in some states. Also, the rate of job creation was the quickest for three months, while backlogs of work rose at the softest pace in the current nine-month sequence of expansion. On the price front, input cost inflation accelerated to the fastest since the series began in October 2009, boosted by higher prices for key inputs such as PPE, paper, plastics, fuel and transportation; while the rate of charge inflation was also the quickest on record. Finally, business confidence was robust overall and among the strongest for six years.2021-04-05T13:54:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 40492021-04-05T13:30:03.167
Dow Jones Futures Hit Record High,Stock Market,"Dow Jones Futures Hit Record HighUnited States Stock MarketThree main US stock market indexes futures were trading in the green on Monday with Dow Jones up more than 200 points to a record high amid high Treasury yields and as investors continue to expect strong economic recovery. The jobs report released Friday showed the US economy added the most jobs in 7 months and the unemployment rate fell to 6%. Meanwhile, traders will follow negotiations between Democrats and Republicans on President Biden's $2.25 trillion infrastructure plan as it will likely face strong GOP opposition over a corporate tax hike. On the data front, the ISM non-manufacturing PMI will be in the spotlight. Markets were closed on Friday for the Good Friday holiday.2021-04-05T08:01:00"
Dollar Holds Advantage,Currency,"Dollar Holds AdvantageUnited States CurrencyThe dollar index was little changed at 93.1 on Monday, hovering at levels not seen since November of 2020 amid prospects of a strong US economic recovery. The US economy created the most jobs in 7 months in March, the payrolls report showed, and President Biden unveiled a $2.25 trillion infrastructure plan to boost the economic recovery, although the package is likely to face strong GOP opposition specially over a corporate tax hike increase to 28%. Last week, the greenback added 0.3%, the 3rd consecutive weekly gain, prompted by a bond sell-off, with the most pronounced buying activity being against the yen, the Swiss franc and the euro. The fundamentals for the dollar remain strong and the currency has room for further upside momentum as the American economy seems better positioned than others for a strong recovery from the coronavirus pandemic.2021-04-05T07:41:53.373"
US Dollar Eases From 5-Month Highs,Currency,"US Dollar Eases From 5-Month HighsUnited States CurrencyThe US Dollar Index fell 0.054 points or 0.06% to 92.974 in early Asian trade on Monday, amid low volume conditions as most markets remain closed due to the Easter public holiday. The Greenback was boosted to 5-month highs last week as the Labor Department reported Friday that nonfarm payrolls increased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Investors also cheered President Joe Biden’s multitrillion-dollar infrastructure proposal, focusing on rebuilding roads, bridges and airports and expanding broadband access. Local 10-year Treasury bond yields held near 14-month highs of 1.704%.2021-04-05T00:07:00"
US Futures Trade at Record highs,Stock Market,"US Futures Trade at Record highsUnited States Stock MarketUS futures climbed in overnight trading on Sunday, trading near fresh record highs after the Labor Department reported Friday that nonfarm payrolls increased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%, reflecting easing restrictions, a ramp-up in vaccinations and a boost provided by the fiscal stimulus. Investors cheered last week as President Joe Biden introduced his multitrillion-dollar infrastructure proposal, focusing on rebuilding roads, bridges and airports, expanding broadband access and updating the country’s electric grid. However, the new spending push is likely to get strong GOP opposition, as the projects are set to be founded by an increase in corporate income and companies’ foreign earnings taxes. Last Thursday, the Dow Jones added 172 points to 33153, the S&P 500 47 points to a record 4020 and the Nasdaq 233 points to 13480, while markets remained closed for the Good Friday holiday.2021-04-04T23:53:00"
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 40462021-04-04T21:52:42.283
The Dow Jones Index increased 0.52%,Stock Market,"The Dow Jones Index increased 0.52%United States Stock MarketUnited States Stock Market went up by 172 points. The rise was driven by Salesforce.com (3.23%), Microsoft (2.79%) and Visa (2.42%). Biggest losses came from Procter & Gamble (-0.85%) and Walmart (-0.15%).2021-04-02T20:30:02.733"
US Average Hourly Earnings Drop 0.1% MoM in March,Average Hourly Earnings,"US Average Hourly Earnings Drop 0.1% MoM in MarchUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls went down by 4 cents, or 0.1 percent over the month to $29.96 in March of 2021, after an upwardly revised 0.3 percent increase in February and against market expectations of a 0.1 percent gain. It was the first decrease in average hourly earnings since June last year. Average hourly earnings for private-sector production and nonsupervisory employees, at $25.21, changed little (+2 cents). The large employment fluctuations over the past year, especially in industries with lower-paid workers, complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 4.2 percent, following a downwardly revised 5.2 percent rise and below market consensus of a 4.5 percent gain.2021-04-02T12:31:00"
US Jobless Rate Seen Falling to 6%,Unemployment Rate,"US Jobless Rate Seen Falling to 6%United States Unemployment RateThe US unemployment rate is expected to fall to 6 percent in March of 2021 from 6.2 percent in February. The rate has been falling steady in recent months after reaching an all-time high of 14.8 percent in April last year but many believe it has been understated by people misclassifying themselves as being “employed but absent from work.” Traders will also monitor any changes in the participation rate and the average earnings growth, which could provide an insight into whether lower-income workers are returning to the labor market. Fed Chair Powell recently said the participation rate is seen expanding and holding unemployment rate up which would be a highly desirable outcome. The Federal Reserve sees unemployment rate at 4.5% this year and at 3.9% in 2022.2021-04-02T09:32:00"
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 40312021-04-02T06:11:53.623
"Dollar Slightly Lower, Heads for Third Straight Weekly Gains",Currency,"Dollar Slightly Lower, Heads for Third Straight Weekly GainsUnited States CurrencyThe dollar index fell slightly to 92.88 on Friday in slow trading due to the Easter holidays, after the latest data showed US initial claims unexpectedly rose last week. Still, the dollar is on course for its third straight week of gains as traders continued to bet on a strong economic recovery amid the Biden administration's massive stimulus plan and a rapid COVID-19 vaccine response as well as inflation concerns. For the first three months of the year, the US currency gained 3.6%, its best quarterly performance since June 2018. Traders now anticipate US nonfarm payrolls for March later in the day where market forecast a jump of 647 thousand from 379 thousand in February. Meantime, the jobless rate in the country is expected to fall to 6% from 6.2%.2021-04-02T04:43:00"
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 40212021-04-01T19:59:53.02
US Manufacturing PMI 2nd Highest on Record: Markit,Manufacturing PMI,"US Manufacturing PMI 2nd Highest on Record: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised slightly higher to 59.1 in March of 2021 from a preliminary of 59, pointing to the second-highest griwth in factory activity on record. The overall expansion was supported by the steepest rise in new orders since June 2014, although production was reportedly held back by supply shortages. Supplier lead times lengthened to the greatest extent on record. At the same time, inflationary pressures intensified, with cost burdens rising at the quickest rate for a decade. Firms partially passed on higher input costs to clients through the sharpest increase in charges in the survey's history. Finally, output expectations strengthened to the second-highest for over six years, as firms were buoyed by hopes of a successful vaccine roll-out, fresh stimulus and a resulting boost to new sales.2021-04-01T13:49:25.657"
NASDAQ 100 Hits 5-week High,Stock Market,NASDAQ 100 Hits 5-week HighUnited States Stock MarketNASDAQ 100 increased to a 5-week high of 133022021-04-01T13:37:54.057
US 10-Year Treasury Yield Retreats,Government Bond 10Y,"US 10-Year Treasury Yield Retreats United States Government Bond 10YThe yield on the benchmark 10-year Treasury note retreated to 1.69% on Thursday but remained close to 14-month highs, as investors digest President Biden new infrastructure plan worth $2.25 trillion over an 8-year period. The plan would be funded by higher corporate taxes and most likely it will face strong GOP opposition. Also, initial jobless claims unexpectedly rose in the latest week, pointing to a choppy labour market recovery. In the first quarter of the year, the 10-year yield went up 83 basis points, the strongest increase in over a decade, as coronavirus vaccination and further fiscal stimulus support prospects of a strong economic recovery but could also lead to a spike in inflation and debt levels.2021-04-01T13:37:40.423"
Dollar Retreats as Claims Rise,Currency,"Dollar Retreats as Claims RiseUnited States CurrencyThe dollar index fell to as low as 93.08 on Thursday, before paring some losses to above 93.1 after latest data showed initial claims rose unexpectedly last week but investors continue to bet on a strong economic recovery amid further fiscal stimulus and coronavirus vaccination. US President Biden announced a $2.25 trillion package, the second major stimulus plan after the $1.9 trillion bill. However, the new spending push is likely to get strong GOP opposition, specially over a corporate tax hike increase to 28%.2021-04-01T12:49:00"
Dollar at Near 5-Month High,Currency,"Dollar at Near 5-Month HighUnited States CurrencyThe dollar index was little changed around 93.2 on Thursday, remaining close to levels not seen since early November, as investors continue to bet on a strong economic recovery amid further fiscal stimulus and coronavirus vaccination. US President Biden announced a $2.25 trillion package, the second major stimulus plan after the $1.9 trillion bill. However, the new spending push is likely to get strong GOP opposition, specially over a corporate tax hike increase to 28%. 2021-04-01T09:37:00"
US Initial Jobless Claims Set to Fall to New 1-Year Low,Initial Jobless Claims,"US Initial Jobless Claims Set to Fall to New 1-Year LowUnited States Initial Jobless ClaimsInitial jobless claims are seen falling to 680 thousand in the March 27th week, lowest since the pandemic hit the labor market in March 2020. Claims are expected to fall in the coming weeks following the approval of President Biden's relief package in early March and as several states ease coronavirus-induced restrictions amid the rapid pace of vaccination. Meanwhile, continuing claims are seen declining to 3.775 million in the March 20th week from 3.870 million the week before, but remaining well above February 2020 levels.2021-04-01T09:11:14.647"
US 10-Year Treasury Yield Eases to Start Q2,Government Bond 10Y,"US 10-Year Treasury Yield Eases to Start Q2United States Government Bond 10YThe yield on the benchmark 10-year Treasury note retreated slightly to 1.71% on Thursday, remaining close to 14-month highs, as investors digest President Biden new infrastructure plan worth $2.25 trillion over an 8-year period. The plan would be funded by higher corporate taxes and most likely it will face strong GOP opposition. In the first quarter of the year, the 10-year yield went up 83 basis points, the strongest increase in over a decade, as coronavirus vaccination and further fiscal stimulus support prospects of a strong economic recovery but could also lead to a spike in inflation and debt levels.2021-04-01T07:46:00"
Dollar Index Trades Near 5-Month Highs,Currency,"Dollar Index Trades Near 5-Month HighsUnited States CurrencyThe US Dollar Index was flat at 93.205 in early trade Thursday, as investors bet US fiscal stimulus and aggressive vaccinations will help the United States lead a global pandemic recovery. US President Joe Biden on Wednesday called for a sweeping use of government power to reshape the US economy, announcing a US$2.25 trillion of new infrastructure investments to be allocated over an 8 year period, targeting transportation, internet, manufacturing, elderly care and clean energy. To pay for the plan, President Biden proposed raising the corporate tax rate to 28%. Biden also said that the plan will have two parts; the American jobs and American families plan. The second half of his plan will be announced in a few weeks. In recent data, private payrolls expanded in March at the fastest pace since September 2020, with 517 thousand net additions which were slightly below the 525 thousand consensus estimate. On the quarter, the Greenback gained 3.5%, the best performance since Q2 20182021-04-01T00:42:00"
US Futures Extend Gains,Stock Market,"US Futures Extend GainsUnited States Stock MarketThe S&P 500 and Nasdaq extended gains in early trade Thursday, boosted by gains in technology shares, after Wall Street indexes registered their 4th consecutive quarterly rise. Investors weighed President Biden’s infrastructure spending plan which would raise the corporate tax rate to 28% to fund it, combined with measures to stop offshoring of profits. On the macro side, private payrolls expanded in March at the fastest pace since September 2020, with 517 thousand net additions which were slightly below the 525 thousand consensus estimate. US 10-year treasury bond yields refreshed 14-month highs of 1.748%. Meanwhile, investors await the key March employment report on Friday, which is expected to show that the economy added 630 thousand jobs in March. On Wednesday the Dow Jones dropped 0.3% to 32,983. In contrast, the S&P 500 added 0.4% to 3973. The Nasdaq jumped 1.5% to 13,247. During the month, the Dow Jones gained 7%, the S&P 500 4.6% and the Nasdaq 1%.2021-04-01T00:35:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 39842021-03-31T14:41:31.433
"Dollar Slightly Lower, Heads for Best Month Since 2016",Currency,"Dollar Slightly Lower, Heads for Best Month Since 2016United States CurrencyThe dollar index fell towards 93.0 against a basket of currencies on Wednesday, but remained close to levels not seen since early November. The greenback headed for a 2.5% monthly gain, its best month since November 2016, helped by prospects of a strong economic recovery in the US due to the approval of President Biden's stimulus package, the ongoing vaccination campaign and upbeat economic data signaling a gradual recovery in the US jobs market. On the quarter, the greenback gained 3.5%, which would be the best quarter since Q2 2018.2021-03-31T14:23:00"
Chicago Business Barometer Jumps to 2-1/2-Year High,Chicago PMI,"Chicago Business Barometer Jumps to 2-1/2-Year HighUnited States Chicago PMIThe MNI Chicago Business Barometer in the US increased by 6.8 points to 66.3 in March 2021, the highest level since July 2018 and above market expectations of 60.7. Among the main five indicators, production saw the largest gain (up 10.1 points to a three-year high), followed by new orders (up 7.1 points) while order backlogs saw the biggest drop (down 6 points). Through the first quarter the index gained 4.4 points to 63.2, the strongest reading since Q3 2018.2021-03-31T13:56:00"
Mortgage Applications Continue to Fall: MBA,Mortgage Applications,"Mortgage Applications Continue to Fall: MBAUnited States Mortgage ApplicationsMortgage applications in the US fell 2.2 percent in the week ended March 26th, 2021, the 4th consecutive decline, as higher mortgage rates started to dent the market. Applications to purchase a home went down 1.5 percent and home refinancing dropped 2.5 percent. The average interest rate for 30-year fixed-rate mortgages edged down to 3.33% from 3.36% which was the highest since the beginning of June, and pausing 7 consecutive weeks of rising rates. “Higher mortgage rates continue to shut down refinance activity, as the pool of borrowers who can benefit from a refinance further shrinks. Many prospective homebuyers this spring are feeling the effects of higher rates and rapidly accelerating home prices” said Joel Kan, an MBA economist.2021-03-31T11:09:00"
Dollar Hovers around 5-Month Highs,Currency,"Dollar Hovers around 5-Month HighsUnited States CurrencyThe dollar index traded slightly lower around 93.2 on Wednesday but remained close to levels not seen since early November and is up around 2.5% on the month, its best month since 2016. On the quarter, the greenback gained 3.5% which would be the best quarter since Q2 2018, as further fiscal stimulus and the vaccination rollout prompted prospects of a strong economic rebound in the US while a bond sell-off made the currency more attractive as an investment. 2021-03-31T09:14:00"
Dollar Index Holds 4-Month Highs,Currency,"Dollar Index Holds 4-Month HighsUnited States CurrencyThe US Dollar Index fell 0.053 points or 0.06% to 93.243 in early trade Wednesday, holding at 4-month highs as US Treasury yields continued their surge amid expectations of a swift economic recovery in the US following further fiscal spending and a fast vaccine rollout. US 10-year rates were at 14-month highs of 1.712%. In addition, the survey from the Conference Board showed US consumer confidence picked up to its highest level since the start of the Covid-19 pandemic. President Joe Biden is set to release details about his proposal for federal investments in physical infrastructure, while more on healthcare and childcare is expected in April. The most pronounced buying activity was against the yen with the dollar climbing to a one-year high against the Japanese currency and the euro, as the eurozone economy remains weak and the vaccine rollout has been sluggish.2021-03-31T00:36:24.627"
US Futures Little Changed,Stock Market,"US Futures Little ChangedUnited States Stock MarketUS Futures were flat in early Asian trade on Wednesday, following 2 sessions of consecutive declines amid surging long term bond yields, with the US 10-year rate at 14-month highs of 1.712%. On the corporate side, volatility in bank shares persisted after a hedge fund was forced to liquidate its position in several media stocks, with Wells Fargo rising more than 3% after saying it did not experience losses related to closing out its exposure to Archegos. In local data, the Conference Board’s Consumer Confidence Index surged to 109.7 in March, its highest level in a year and well above market expectations of 96.8. Meantime, President Joe Biden is set to reveal details of a mass expansion of government spending aimed at reducing inequality and strengthening infrastructure. On Tuesday, The Dow Jones lost 104 points or 0.3% to 33,068. The S&P 500 shed 13 points or 0.3% to 3959. The Nasdaq edged down 14 points or 0.1% to 13,045.
.2021-03-31T00:06:00"
Dollar at 4-1/2-Month High,Currency,"Dollar at 4-1/2-Month HighUnited States CurrencyThe dollar index extended gains to hit a fresh 4-month high of 93.3 on Tuesday, as Treasury yields continue to soar amid expectations of a swift economic recovery in the US on the back of further fiscal spending and fast vaccine rollout. The survey from the Conference Board showed US consumer confidence picked up to its highest level since the start of the Covid-19 pandemic. Also, this week President Joe Biden will release details about his proposal for federal investments in physical infrastructure, while more on healthcare and childcare is expected in April. Also, the New York state announced people aged 30 and older could get the vaccine starting March 30th and President Biden unveiled a plan for further vaccine expansion. The most pronounced buying activity was against the yen with the dollar climbing to a one-year high against the Japanese currency and the euro, as the eurozone economy remains weak and the vaccine rollout has been sluggish.2021-03-30T17:05:00"
US House Prices Rise for 8th Month in a Row: FHFA,FHFA House Price Index MoM,"US House Prices Rise for 8th Month in a Row: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 1.0 percent from a month earlier in January 2021, following an upwardly revised 1.2 percent rise in December. For the nine census divisions, seasonally adjusted monthly house price changes ranged from -0.2 percent in the East South Central division to +1.5 percent in the Mountain division. Year-on-year, house prices rose 12.0 percent in January, with the changes ranging from +10.2 percent in the West South Central division to +14.8 percent in the Mountain division.2021-03-30T13:05:00"
US Futures Trade Mixed,Stock Market,"US Futures Trade MixedUnited States Stock MarketUS futures traded mixed on Tuesday, with contracts on the Dow Jones attempting to stay in the green and extend previous session records while both the S&P 500 and the Nasdaq were lower. Investors continue to digest prospects of a strong economic recovery, soaring Treasury yields, and the fallout from the implosion of Archegos Capital Management. President Joe Biden will release details on the first phase of his $3 trillion economic plan focusing on upgrading the infrastructure this week and has also unveiled a plan for faster coronavirus vaccination which includes offering inoculations to 90% of adults. Meanwhile, the benchmark 10-year Treasury note hit fresh 14-month highs. On Monday, the Dow Jones added 98 points or 0.3% to 33,171, setting a fresh high. In contrast, the S&P 500 lost 3 points or 0.1% to 3,971 and the Nasdaq shed 79 points or 0.6% to 13,060.2021-03-30T09:03:22.027"
US Stock Futures Trade Slightly Higher,Stock Market,"US Stock Futures Trade Slightly HigherUnited States Stock MarketStock futures in the US rose slightly on Tuesday, amid optimism about more massive fiscal spending to boost economic recovery in the US. President Joe Biden will lay out the first part of his multitrillion-dollar economic recovery package Wednesday, focusing on infrastructure that will be followed by a separate plan later in April. Also, traders shook off worries about a hedge fund default in the US on hopes that it would not cause any systemic fallout. In business news, Facebook and Google are reportedly planning to lay two huge subsea cables that will link the US West Coast to Singapore and Indonesia. On the pandemic front, the CDC warned that the US is headed for impending doom as COVID cases rise in several states. On Monday, the Dow Jones added 98 points or 0.3% to 33,171, setting a fresh high. In contrast, the S&P 500 lost 3 points or 0.1% to 3,971, while the Nasdaq shed 79 points or 0.6% to 13,060.2021-03-30T06:23:00"
Dollar Stays at 4-Month Highs,Currency,"Dollar Stays at 4-Month HighsUnited States CurrencyThe dollar index was little changed at a four-month high of 92.93 on Tuesday, below a November 2020 high of 92.92 touched last week. Traders weighed the prospects of a strong US economic recovery this year and an acceleration in the COVID-19 vaccine rollout in the country. Meanwhile, US Treasury yields remain elevated, hitting a one-week high of 1.69% on Monday. On the policy side, President Joe Biden is aiming for the summer passage of an infrastructure plan that is expected to cost more than $3 trillion, and the White House hopes to take a more deliberate and collaborative approach with Congress, according to AP News.2021-03-30T05:19:30.737"
Dow Jones Books New Record,Stock Market,"Dow Jones Books New RecordUnited States Stock MarketDow Jones notched a fresh high on Monday in spite of the weakness in bank shares related to the forced liquidation of positions held by the family office Archegos Capital Management last Friday. Stocks of Credit Suisse and Nomura fell more than 10% in the session after warning they will face a significant hit on Q1 earnings due to the banks having to exit hedge fund positions related to force selling. On the macro side, the 10-year Treasury yield jumped to 1.726% over concerns about possible inflation growth amid the economic recovery. On the pandemic side, CDC chief warned that the US is headed for “impending doom” as COVID cases rise in several states, as the country now records a weekly average of 63 thousand new contagions per day, a 16% increase compared with a week ago. The Dow Jones added 98 points or 0.3% to 33,171. In contrast, the S&P 500 lost 3 points or 0.1% to 3971, while the Nasdaq shed 79 points or 0.6% to 13,060.2021-03-29T20:04:00"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 332282021-03-29T19:24:19.733
US 10-Year Treasury Yield Edges Up to 1-Week High,Government Bond 10Y,"US 10-Year Treasury Yield Edges Up to 1-Week HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged up to a one-week high of 1.69% on Monday, but remained below 14-month highs of 1.75% reached early in the month. Investors digest mixed economic data and tame inflation, prospects of a brighter economic outlook for the US and solid demand for recent Treasury auctions. Yields have been on an upward trajectory since August but the jump accelerated from mid-January as coronavirus vaccination and further fiscal stimulus support prospects of a strong economic recovery although traders worry that a rebound could lead to a spike in inflation and debt levels. Fed Chair has been reiterating any spike in inflation would likely be temporary and showed no concerns over the recent rise in bond yields.2021-03-29T14:35:00"
Wall Street Starts the Week Lower,Stock Market,"Wall Street Starts the Week LowerUnited States Stock MarketWall Street started a shortened week in the red, following a big rally in the previous session, as investors assess the exposure of global banks to losses at Archegos Capital Management with Credit Suisse and Nomura Holdings already warning about substantial losses. Last week, Archegos defaulted on margin calls and was forced to liquidate more than $20 billion of positions linked to the firm's roiled stocks. Meanwhile, traffic in Suez Canal will soon resume after the Ever Given ship was finally freed. Also, President Joe Biden will release details on the first phase of his economic plan focusing on upgrading the infrastructure this week while the second part dealing with healthcare and childcare is expected in a couple of weeks. 2021-03-29T13:40:00"
US Futures Fall Led by Banks,Stock Market,"US Futures Fall Led by BanksUnited States Stock MarketUS futures started a shortened week on a negative note, with contracts on the Dow Jones falling more than 150 points and both the S&P 500 and the Nasdaq losing 0.6% each, following a big rally in the previous session. Bank shares were among the worst performers in pre-market trading as investors assess the exposure of global banks to losses at Archegos Capital Management with Credit Suisse and Nomura Holdings already warning about substantial losses. Last week, Archegos defaulted on margin calls and was forced to liquidate more than $20 billion of positions linked to the firm's roiled stocks. Meanwhile, this week President Joe Biden will release details on the first phase of his economic plan focusing on upgrading the infrastructure while the second part dealing with healthcare and childcare is expected in a couple of weeks. The Dow Jones rose 453 points or 1.4% to 33,072 on Friday. The S&P 500 gained 65 points or 1.7% to a record 3,975. The Nasdaq added 161 points or 1.2% to 13,139. 2021-03-29T09:33:00"
US 10-Year Treasury Yield Little Changed at 1.66%,Government Bond 10Y,"US 10-Year Treasury Yield Little Changed at 1.66%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note traded little changed at 1.66% on Monday, remaining below 14-month highs of 1.75% reached early in the month as the bond market seems to be stabilising. Investors digest mixed economic data and tame inflation, prospects of brighter economic outlook for the US and solid demand for recent Treasury auctions. Yields have been on an upward trajectory since August but the jump accelerated from mid-January as coronavirus vaccination and further fiscal stimulus support prospects of a strong economic recovery although traders worry that a rebound could lead to a spike in inflation and debt levels. Fed Chair has been reiterating any spike in inflation would likely be temporary and showed no concerns over the recent rise in bond yields.2021-03-29T08:54:54.327"
US 10-Year Treasury Yield Edges Lower,Government Bond 10Y,"US 10-Year Treasury Yield Edges LowerUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged lower to 1.64% on Monday, remaining below 14-month highs of 1.75% reached early in the month as the bond market seems to be stabilising. Investors digest mixed economic data and tame inflation, prospects of brighter economic outlook for the US and solid demand for recent Treasury auctions. Yields have been on an upward trajectory since August but the jump accelerated from mid-January as coronavirus vaccination and further fiscal stimulus support prospects of a strong economic recovery although traders worry that a rebound could lead to a spike in inflation and debt levels. Fed Chair has been reiterating any spike in inflation would likely be temporary and showed no concerns over the recent rise in bond yields.2021-03-29T07:49:00"
US Futures Retrace Record Highs,Stock Market,"US Futures Retrace Record HighsUnited States Stock MarketUS benchmark indices traded off fresh record closes in overnight trading Sunday following a surge of broad based late buying last week. Traders are bracing for heightened volatility during this holiday-shortened week amid quarter-end rebalancing and a sustained lift in long term bond yields. Investors are also awaiting updates from President Joe Biden about his infrastructure plan which could cost north of US$3 trillion. Last week, bank shares rose after the Federal Reserve announced that restrictions on bank holding company dividends and share repurchases currently in place will end for most firms after 30 June 2021. On Friday, the Dow Jones gained 453 points or 1.4% to 33,072. The S&P 500 increased 65 points or 1.7% to 3975, another record close. The Nasdaq added 161 points or 1.2% to 13,139. 2021-03-29T00:19:22.11"
Dollar Hovers at 4-Month High,Currency,"Dollar Hovers at 4-Month High United States CurrencyThe US dollar index traded above 92.7 against a basket of currencies on Friday, not far from a four-month high of 92.92 hit in the previous session and on course for a 0.8% weekly gain as better-than-expected weekly jobless claims numbers and upwardly revised GDP figures reinforced the view of a robust US economic bounce. Meantime fresh PCE figures painted a mixed picture: personal income fell slightly less than expected while spending declined at a faster pace and prices pointed to tame inflation. Beyond these upbeat numbers, the swift rollout of coronavirus vaccines combined with ultra-easy monetary policy and unprecedented government spending has given investors more confidence in the path to economic recovery. 2021-03-26T16:37:00"
US Consumer Sentiment Revised Higher to 1-Year High,Consumer Confidence,"US Consumer Sentiment Revised Higher to 1-Year HighUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to a one-year high of 84.9 in March of 2021, up from a preliminary estimate of 83 and above market forecasts of 83.6. It was also the largest increase in consumer morale since May 2013, as households welcomed the third disbursement of relief checks and a better than anticipated vaccination progress. Meanwhile, expectations were revised higher to 79.7 from 77.5 and compared to February’s 70.7. The current conditions gauge rose to 93, above a preliminary of 91.5 and up from February’s 86.2. Inflation expectations for the year ahead decreased to 3.1% from 3.3% in the previous month, matching initial figures; while the 5-year outlook rose to 2.8% from 2.7%, above preliminary figures of 2.7%. ""The data clearly point toward robust increases in consumer spending.""2021-03-26T14:06:00"
US Wholesale Inventories Rise at Slower Pace in February,Wholesale Inventories,"US Wholesale Inventories Rise at Slower Pace in FebruaryUnited States Wholesale InventoriesWholesale inventories in the US increased 0.5 percent from the previous month in February of 2021, following an upwardly revised 1.4 percent rise in the previous month, a preliminary estimate showed. Nondurable goods stocks rose 0.8 percent (vs 1.5 percent in January) and durable goods inventories were up 0.2 percent (vs 1.3 percent in January). On a yearly basis, wholesale inventories advanced 1.8 percent in February.

2021-03-26T12:40:00"
US Personal Income Falls at Record 7.1%,Personal Income,"US Personal Income Falls at Record 7.1%United States Personal IncomePersonal income in the US declined 7.1 percent month-over-month in February of 2021, down from an upwardly revised 10.1 percent jump in January and compared to market expectations of a 7.3 percent drop. It is the biggest fall on record reflecting a decrease in government social benefits to persons. Within government social benefits, “other” social benefits, specifically the economic impact payments to households, decreased. The CRRSA Act authorized a round of direct economic impact payments that were mostly distributed in January.2021-03-26T12:34:00"
Dollar Rally Gathers Pace,Currency,"Dollar Rally Gathers Pace United States CurrencyThe dollar index gained strong upside momentum and broke through the 92.90 level for the first time since November 2020 as better-than-expected weekly jobless claims numbers and upwardly revised GDP figures reinforced the view of a robust US economic bounce. Beyond these upbeat numbers, the swift rollout of coronavirus vaccines combined with ultra-easy monetary policy and unprecedented government spending has given investors more confidence in the path to economic recovery. The most pronounced buying activity was against the euro, as the eurozone economy remains weak and the vaccine rollout has been sluggish. Given the above and the fact that Federal Reserve Jerome Powell played down the risk that a rise in prices this year would spur unwanted inflation, the US currency has room for further upside momentum. 2021-03-25T19:00:00"
US 10-Year Treasury Yield Edges Up After 7-Year Auction,Government Bond 10Y,"US 10-Year Treasury Yield Edges Up After 7-Year AuctionUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note rose to as high a 1.64% on Thursday, before easing to 1.62% after a weak 7-year note auction. The Treasury sold $62 billion in 7-year notes an auction-high yield of 1.3%, with the so-called bid-to-cover ratio coming at 2.23, up from the 2009 low of 2.04 in February but down from the six auction average of 2.28 and one of the worst on record. Early in the week, both the 2-year and 5-year auctions saw solid demand while a sale of benchmark 10-year notes earlier in the month drew solid international demand. Last month, the poor 7-year auction demand triggered an aggressive sell-off in bonds that saw the yield on the benchmark 10-year Treasury note rising to 14-month highs of 1.75% last week. Meantime, investors digest Fed Chair Powell persistently played down inflation risks and higher yields and reiterated the US economic recovery is strengthening but remains far from complete during his appearance before Congress.2021-03-25T17:12:00"
Tenth District Manufacturing Activity Grows Firmly,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Grows FirmlyUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index fell by 3 points from the previous month to 23 in March 2021 and slightly below market expectations of 24, but still pointed that Tenth District manufacturing activity grew solidly compared to a month ago and a year ago with positive expectations for future activity. Among industries, the factory activity expansion was driven by durable goods plants for primary metals, machinery, transportation equipment, furniture, and miscellaneous manufacturing. The indexes for shipments, new orders, and order backlog expanded at a faster pace in March and supplier delivery time was very high as well. Meanwhile, the pace of job creation remained positive but slightly slower than in recent months.2021-03-25T15:11:00"
US Corporate Profits Fall in Q4,Corporate Profits,"US Corporate Profits Fall in Q4United States Corporate ProfitsCorporate profits in the United States decreased 3.3 percent to USD 1.95 trillion in the fourth quarter of 2020, down from a 27 percent jump in the previous period. Undistributed profits fell 14.5 percent to USD 0.58 trillion and net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, went down 2.9 percent to USD 2.54 trillion. Meanwhile, net dividends rose 2.3 percent to USD 1.37 trillion.2021-03-25T12:36:00"
US Initial Jobless Claims Set to Fall to 730K,Initial Jobless Claims,"US Initial Jobless Claims Set to Fall to 730KUnited States Initial Jobless ClaimsInitial jobless claims are seen dropping to 730 thousand in the week ended March 20th from last week's one-month high of 770 thousand, but remaining well above pre-pandemic levels. Still, claims are expected to fall in the coming weeks following the approval of President Biden's relief package in early March and as several states ease coronavirus-induced restrictions amid the rapid pace of vaccinations. Continuing claims are seen declining to 4.04 million in the March 13th week from 4.12 million the week before, remaining well above February 2020 levels.2021-03-25T10:18:00"
US 10-Year Treasury Yield Edges Higher,Government Bond 10Y,"US 10-Year Treasury Yield Edges HigherUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note edged higher to 1.64% on Wednesday after touching 1.59% early in the session as investors digest Fed Chair comments during his second appearance before Congress this week. Powell persistently played down inflation risks and higher yields and reiterated the US economic recovery is strengthening but remains far from complete. The 10-year yield remains below 14-month highs of 1.75% reached in the previous week. Meanwhile, traders await several Treasury auctions during the week to see if demand remains strong. The 2-year auction saw solid demand but foreign buyers declined while a sale of benchmark 10-year notes earlier in the month drew solid international demand. Other offerings this week include 7-year and 5-year notes.2021-03-24T16:37:41.04"
US Crude Oil Stocks Unexpectedly Jump,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly Jump United States Crude Oil Stocks ChangeCrude oil inventories in the US rose by 1.912 million barrels in the week ended March 19th, 2021, after increasing by 2.396 million in the previous week and compared with market forecasts of a 0.272 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories went up by 0.203 million barrels, well below market expectations of a 1.186 million rise.2021-03-24T14:33:00"
US Private Sector Activity Growth Slows in March,Composite PMI,"US Private Sector Activity Growth Slows in MarchUnited States Composite PMIThe IHS Markit US Composite PMI posted 59.1 in March of 2021, down slightly from 59.5 in February, to signal the second-fastest private sector upturn for six years, a preliminary estimate showed. Although capacity pressures stemming from extensive supply shortages constrained manufacturing output growth to the slowest for five months, goods producers reported the sharpest rise in new orders since June 2014. Service providers meanwhile recorded the steepest increase in new business for almost three years amid stronger client demand and looser coronavirus disease 2019 restrictions. The combined increase in manufacturing and service sector new orders was the strongest since September 2014. Business confidence picked up in March, running at a level rarely exceeded over the past seven years.2021-03-24T13:55:55.477"
General Mills earnings at 0.82 USD,Earnings,"General Mills earnings at 0.82 USDUnited States EarningsGeneral Mills (GIS) released earnings per share at 0.82 USD, compared to market expectations of 0.84 USD.2021-03-24T11:11:23.217"
Dollar Index Hits 17-week High,currency,"Dollar Index Hits 17-week HighUnited States currencyThe dollar index consolidated around 92.60, a level not seen since November, as a shift in risk appetite has favoured safe-haven flows, while the overall outperformance of the US economy relative to the rest of the world supercharged this buying momentum. In the broader scenario, the combination of ultra-easy monetary policy, unprecedented government spending, and a successful vaccine rollout prompted investors to bet on a swifter US economic recovery and inflation pressures. Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen repeated that the American economy is recovering from the coronavirus at a hearing before House lawmakers. The most pronounced buying activity was against risk-sensitive currencies such as the Australian and New Zealand dollars, both hitting multi-month lows against the greenback.2021-03-24T07:22:00"
US Stocks Set to Open Slightly Lower,Stock Market,"US Stocks Set to Open Slightly LowerUnited States Stock MarketStock futures in the US pointed to a slight drop at the open on Wednesday after Federal Reserve Chair Jerome Powell told Congress Tuesday that a recovery in the US economy is far from complete while Treasury Secretary Yellen said the Biden administration was considering boosting the corporate taxes from the current 21% to 28% as the economy recovers from COVID-19. Meantime, the Biden administration will release next week its proposed discretionary budget for fiscal 2022, providing insight into the president’s top priorities. In business news, Intel Corp reportedly will expand its chip manufacturing capacity as it plans to spend $20 billion to build two factories in Arizona and open its plans to outside customers. On Tuesday, the Dow Jones fell 308 points or 0.9% to 32,423. The S&P 500 retreated 30 points or 0.8% to 3,911. The Nasdaq dropped 150 points or 1.1% to 13,228.



2021-03-24T06:30:00"
API: US Crude Oil Inventories Unexpectedly Rise,API Crude Oil Stock Change,"API: US Crude Oil Inventories Unexpectedly RiseUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 2.927 million barrels in the week ended March 19th, 2021, after a 1.047 million fall in the previous week and compared with market expectations of a 0.9 million decline, data from the American Petroleum Institute showed.2021-03-23T20:35:24.48"
Adobe Systems earnings at 3.14 USD,Earnings,"Adobe Systems earnings at 3.14 USDUnited States EarningsAdobe Systems (ADBE) released earnings per share at 3.14 USD, compared to market expectations of 2.79 USD.2021-03-23T20:16:43.833"
Dollar at 2-Week High,Currency,"Dollar at 2-Week HighUnited States CurrencyThe dollar index gained further traction to trade around 92.2 on Tuesday, the highest on a closing basis in two weeks, as investors were cautious amid mounting coronavirus infections and restrictions in Europe and tensions with China while Treasury yields continue to retreat. Traders also digest a Congressional testimony by Fed Chair Powell and Treasury Secretary Yellen. In prepared remarks, Fed Chair stressed the recovery gained steam but is far from complete. Yellen noted that while there are signs of recovery, the country is still down nearly 10 million jobs from its pre-pandemic peak. In the broader scenario, the combination of ultra-easy monetary policy, unprecedented government spending and a successful vaccine rollout prompted investors to bet on a swifter US economic recovery and higher inflation pressures. This improved economic outlook for the world's largest economy contrasts with sluggish growth for the eurozone in 2021.2021-03-23T16:42:50.067"
"US Futures Lower Ahead of Powell, Yellen",Stock Market,"US Futures Lower Ahead of Powell, YellenUnited States Stock MarketUS futures were lower on Tuesday, reversing some of the previous session gains, as investors await Fed Chair Powell and Treasury Secretary Yellen's first joint hearing on the CARES Act before Congress. Meanwhile, Treasury yields continue to retreat from 14-month highs as the bond market stabilises ahead of key auctions during the week. Also, investors continue to doubt prospects of a strong global recovery amid a surge in cases and lockdowns in Europe. On the data front, new home sales will be in the spotlight. On Monday, the Dow Jones rose 103 points or 0.3% to 32,731. The S&P 500 gained 28 points or 0.7% to 3,941. The Nasdaq jumped 162 points or 1.2% to 13,378. 2021-03-23T09:57:00"
Dollar Strengthens to 2-Week High,Currency,"Dollar Strengthens to 2-Week High United States CurrencyThe dollar index gained traction to trade above 92 on Tuesday, the highest on a closing basis in two weeks, as investors were cautious amid mounting coronavirus infections and restrictions in Europe and tensions with China while Treasury yields continue to retreat. Traders also await a Congressional testimony by Fed Chair Powell and Treasury Secretary Yellen later on Tuesday for further clues on the US economic outlook. In the broader scenario, the combination of ultra-easy monetary policy, unprecedented government spending and a successful vaccine rollout prompted investors to bet on a swifter US economic recovery and higher inflation pressures. This improved economic outlook for the world's largest economy contrasts with sluggish growth for the eurozone in 2021 as governments grapple with rising coronavirus cases and a slow vaccination campaign. 2021-03-23T09:08:22.523"
US 10-Year Treasury Yield Retreats for 2nd Day,Government Bond 10Y,"US 10-Year Treasury Yield Retreats for 2nd DayUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note fell for the second day to 1.65% on Tuesday, the lowest on a closing basis in nearly a week and below 14-month highs of 1.75% reached in the previous week. Investors await several Treasury auctions during the week to see if demand remains strong. The offerings include a 7-year note, a 5-year note, a 2-year note and a 52-week bill. A $38 billion sale of benchmark 10-year notes earlier this month drew solid international demand. Yields have been rising since August but gained speed from mid-January as coronavirus vaccination and further fiscal stimulus support prospects of a strong economic recovery but can lead to a spike in inflation and debt levels. Still, the Federal Reserve has been reiterating any spike in inflation is likely to be temporary and pledged to continue the ultra-easy policy for some more time. 2021-03-23T08:23:00"
Dollar Fails to Keep Momentum,Currency,"Dollar Fails to Keep MomentumUnited States CurrencyThe dollar index failed to keep much of the momentum gathered over recent days, moving away from the 92 region to bottom around 91.80 in tandem with US Treasury yields, which retreated from more than one-year highs. In the broader scenario, the combination of ultra-easy monetary policy, unprecedented government spending and a successful vaccine rollout prompted investors to bet on a swifter US economic recovery and higher inflation pressures. This improved economic outlook for the world's largest economy contrasts with sluggish growth for the eurozone in 2021 as governments grapple with rising coronavirus cases and a slow vaccination campaign. Given the above and the fact that Powell appeared comfortable about the recent sharp moves in rates, the US currency has room for further upside momentum.
2021-03-22T21:59:00"
Treasury Yields Retreat but Remain Elevated,Government Bond 10Y,"Treasury Yields Retreat but Remain ElevatedUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note retreated to 1.69% on Monday as investors moved to safe-haven assets after the Turkish lira sank more than 15%. During the weekend Turkish President Erdogan fired the TCMB governor after the central bank raised interest rates again last week. Still, the yields remain close to a 14-month high of 1.75% reached last week as coronavirus vaccination and further fiscal stimulus support prospects of a strong economic recovery but could lead to a spike in inflation and debt levels. Investors also await several Treasury auctions during the week. A $38 billion sale of benchmark 10-year notes earlier this month drew solid international demand. 2021-03-22T13:06:00"
Dollar Loses Traction as Yields Fall,Currency,"Dollar Loses Traction as Yields FallUnited States CurrencyThe dollar index lost momentum to trade below 91.8 on Monday as Treasury yields fell back to 1.67% from a 14-month high as traders worry about Turkey's lira plunge. Still, borrowing costs remain close to levels not seen since January of 2020 amid a rosier economic outlook and concerns over runaway inflation while Fed Chair Powell reiterated the central bank's view on maintaining its current ultra-accommodative policy for the foreseeable future. 2021-03-22T12:06:00"
US Stock Futures Mostly Lower,Stock Market,"US Stock Futures Mostly Lower United States Stock MarketUS stock futures tracking the broader market fell on Sunday night, as concerns about the quick jump in Treasury yields has spoken investors away from equities, particularly from growth-oriented stocks, whose valuations have been underpinned by low rates. Although, signs of a robust US economic recovery given the successful vaccine rollout and recently agreed on fiscal stimulus have been capping much of the downward momentum. Last week, the Dow Jones retreated 0.4%, the S&P 500 dropped 0.7%, and the Nasdaq fell 0.3%.2021-03-22T02:39:41.757"
Dollar Holds Momentum,Currency,"Dollar Holds Momentum United States CurrencyThe dollar index consolidated above the 92.00 neighbourhood on Monday, as higher Treasury yields have made the greenback more attractive to income-seeking investors. The triple combination of ultra-easy monetary policy, unprecedented government spending and a successful vaccine rollout prompted traders to bet economic growth and inflation will heat up, pushing the yield on the benchmark US 10-year Treasury note to levels not seen since January 2020. On top of that, concerns about a surge in COVID-19 cases and vaccine shortages in Europe boosted the dollar’s appeal as a haven asset. 2021-03-21T22:43:00"
Dow Falls after Fed Let SLR Rule Expire,Stock Market,"Dow Falls after Fed Let SLR Rule ExpireUnited States Stock MarketThe Dow Jones fell more than 200 points and the S&P 500 traded around the flatline on Friday, after the Federal Reserve announced that the temporary change to the supplementary leverage ratio for banks will expire as scheduled on March 31st. The initial change in SLR was announced on April 1st 2020 and allowed banks to exclude Treasuries and deposits with Fed banks from the calculation of the leverage ratio. The Nasdaq Composite rose more than 0.5% following a sharp tech sell-off the day before which saw the tech-heavy index plunging 3%. Meanwhile, investors continue to digest stubbornly high Treasury yields, prospects of a swift economic rebound, concerns over runaway inflation and Fed's pledge to continue with the zero-rate policy until at least through 2023. On the corporate front, delivery company FedEx beat expectations in its fiscal third-quarter while Nike posted weaker than anticipated third-quarter revenues.2021-03-19T16:55:00"
Wall Street Lower after Fed Let SLR Rule Expire,Stock Market,"Wall Street Lower after Fed Let SLR Rule ExpireUnited States Stock MarketThe Nasdaq traded around the flatline while both the Dow Jones and the S&P 500 were in the red on Friday after the Federal Reserve announced that the temporary change to the supplementary leverage ratio for banks will expire as scheduled on March 31st. The initial change in SLR was announced on April 1st 2020 and allowed banks to exclude Treasuries and deposits with Fed banks from the calculation of the leverage ratio. Meanwhile, investors continue to digest stubbornly high Treasury yields, prospects of a swift economic rebound, concerns over runaway inflation and Fed's pledge to continue with the zero-rate policy until at least through 2023. All 3 key stock indexes are on track to book big losses for a volatile week. The Dow Jones fell 2.7% so far, the S&P 500 0.7% and the Nasdaq 1.5%.2021-03-19T13:32:00"
Dollar Rebounds After Fed Let SLR Rule Expire,Currency,"Dollar Rebounds After Fed Let SLR Rule ExpireUnited States CurrencyThe dollar index strengthened slightly to 92 on Friday after the Federal Reserve announced it will let the leverage ratio for big banks expire March 31st. Treasury yields briefly spiked after the announcement before trading around 14-month highs. A rosier economic outlook and concerns over runaway inflation prompted a bond sell-off in recent weeks while Fed Chair Powell reiterated the central bank's view on maintaining its current ultra-accommodative policy for the foreseeable future. Given the above and the fact that Powell appeared comfortable about the sharp moves in rates, the US currency has room for further upside momentum.2021-03-19T13:31:13.737"
US Futures Decline after Fed Let SLR  Rule Expire,Stock Market,"US Futures Decline after Fed Let SLR  Rule Expire United States Stock MarketNasdaq futures cut early gains and contracts on both the Dow Jones and the S&P 500 extended losses after the Federal Reserve announced that the temporary change to the supplementary leverage ratio for banks will expire as scheduled on March 31st. The initial change in SLR was announced on April 1st 2020 and allowed banks to exclude Treasuries and deposits with Fed banks from the calculation of the leverage ratio. Meanwhile, investors continue to digest stubbornly high Treasury yields, prospects of a swift economic rebound, concerns over runaway inflation and Fed's pledge to continue with the zero-rate policy until at least through 2023. On Thursday, the Dow Jones lost 153 points or 0.5% to 32,862. The S&P 500 plunged 59 points or 1.5% to 3,916. The Nasdaq sank 409 points or 3% to 13,116. All 3 key stock indexes are on track to book big losses for a volatile week. The Dow Jones fell 2.7% so far, the S&P 500 0.7% and the Nasdaq 1.5%.2021-03-19T13:14:00"
Dollar Loses Traction as Yields Fall,Currency,"Dollar Loses Traction as Yields FallUnited States CurrencyThe dollar index lost momentum to trade at 91.7 on Friday amid a slightly retreat in Treasury yields. Still, borrowing costs remain close to levels not seen since January of 2020 amid  a rosier economic outlook and concerns over runaway inflation while Fed Chair Powell reiterated the central bank's view on maintaining its current ultra-accommodative policy for the foreseeable future. Given the above and the fact that Powell appeared comfortable about the sharp moves in rates, the US currency has room for further upside momentum.2021-03-19T08:31:42.823"
US 10-Year Treasury Yield Retreats,Government Bond 10Y,"US 10-Year Treasury Yield RetreatsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note retreated to 1.68% on Friday from 1.75% in the previous session, but remained around levels not seen since January of 2020. Yields have been on an upward trajectory since August but the jump accelerated from mid-January as coronavirus vaccination and further fiscal stimulus support prospects of a strong economic recovery although traders worry that a rebound could lead to a spike in inflation and debt levels. Fed Chair Powell has been reiterating any spike in inflation would be temporary and that markets should not worry over the bond sell-off while pledging the Fed will maintain its ultra easy policy for some time. Still, such comments have been failing to calm investors' nerves. 2021-03-19T08:08:00"
Dollar Gains Momentum,Currency,"Dollar Gains Momentum United States CurrencyThe dollar index consolidated around 91.90 on Friday, recovering from a two-week low of 91.30 touched in the prior session as soaring US Treasury yields lent some optimism to the greenback bulls. The market moves signals that investors are pricing in a robust economic recovery and higher inflation amid a successful vaccine rollout and recently agreed on fiscal stimulus. Despite this rosier outlook, the Federal Reserve Chair Jerome Powell reiterated the central bank's view on maintaining its current ultra-accommodative policy for the foreseeable future. Given the above and the fact that Powell appeared comfortable about the sharp moves in rates, the US currency has room for further upside momentum. 2021-03-19T00:31:00"
Nike earnings at 0.90 USD,Earnings,"Nike earnings at 0.90 USDUnited States EarningsNike (NKE) released earnings per share at 0.90 USD, compared to market expectations of 0.75 USD.2021-03-18T20:28:12.193"
Dow Hovers Near Record High,Stock Market,"Dow Hovers Near Record HighUnited States Stock MarketThe Dow hovered near record highs on Thursday as rising financial stocks and the Federal Reserve’s limitless approach to support the US economy offset weakness in tech-led growth stocks. The Fed pledged to keep monetary policy extremely easy, growing vaccination rates and nearly $2 trillion in new fiscal spending reinforced the view of a robust US economic recovery and sparked further demand for value-linked stocks. However, this current market environment pushed borrowing costs sharply higher, making it difficult for big tech and other growth stocks to gain traction. On the data front, initial claims unexpectedly jumped to a 1-month high of 770K. The S&P 500 and the Nasdaq continued to underperform, down 1% and 2.5%, respectively. 2021-03-18T18:31:00"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 330482021-03-18T13:34:49.657
Dollar General earnings at 2.62 USD,Earnings,"Dollar General earnings at 2.62 USDUnited States EarningsDollar General (DG) released earnings per share at 2.62 USD, compared to market expectations of 2.72 USD.2021-03-18T11:21:25.14"
Dollar Surges as Yields Soar,Currency,"Dollar Surges as Yields SoarUnited States CurrencyThe dollar index rebounded to 91.8 on Thursday, as Treasury yields continue to soar amid persistent concerns over rising inflation. The Federal Reserve pledged to keep the near-zero rate outlook for at least 2023 despite strong growth and inflation outlook. Fed Chair also reiterated any rise in inflation would likely be temporary and showed no concerns over the recent bond sell-off. Still, the message failed to calm investors' concerns over price pressures. Investors expected a more hawkish tone from the US central bank given the successful vaccine rollout and recently agreed on fiscal stimulus.2021-03-18T09:41:00"
US 10-Year Yield Hits Fresh 14-Month High of 1.75%,Government Bond 10Y,"US 10-Year Yield Hits Fresh 14-Month High of 1.75%United States Government Bond 10YThe yield on the benchmark 10-year Treasury note soared to 1.75% on Thursday, a fresh high since January of 2020, after the Federal Reserve pledged not to hike interest rates until at least through 2023 while lifting GDP growth and inflation forecasts. Fed Chair also reiterated the inflation spike is temporary and there's no need to react to rising Treasury yields but such comments appeared to have failed to calm investors concerns. Yields have been on an upward trajectory since August as coronavirus vaccination and further fiscal stimulus support prospects of a strong economic recovery but traders worry that a rebound could lead to a spike in inflation and debt levels. 2021-03-18T08:07:00"
Dollar Hits Two-Week Low,Currency,"Dollar Hits Two-Week Low United States CurrencyThe dollar index remained under heavy selling pressure on Thursday, testing the 91.30 area for the first time in two weeks after the Fed pledged to keep its key interest rate close to zero through 2023 despite an improving economic outlook and higher inflation. These market moves signalled that investors expected a more hawkish tone from the US central bank given the successful vaccine rollout and recently agreed on fiscal stimulus. However, it ended up with Federal Reserve Chair Jerome Powell reiterating the central bank's view on maintaining its current ultra-accommodative policy for the foreseeable future.2021-03-18T00:34:00"
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 39852021-03-17T23:58:30.597
Dow Jones CFD hits All-time High,Stock Market,Dow Jones CFD hits All-time HighUnited States Stock MarketDow Jones CFD increased to an all-time high of 330582021-03-17T22:04:57.263
US 10-Year Bond Yield Holds Steady at 14-Month High,Government Bond 10Y,"US 10-Year Bond Yield Holds Steady at 14-Month HighUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury held steady at a 14-month high of 1.67% on Wednesday afternoon after the US Federal Reserve pledged to maintain an accommodative stance of monetary policy until inflation moderately rises above 2 percent for some time and longer-term inflation expectations remain well anchored at 2 percent. At the same time, policymakers revised up GDP and inflation projections for 2021 and 2022 due to the ongoing coronavirus vaccination programme and the prospect of further fiscal stimulus support, adding to concerns that a rebound in economic activity could lead to a spike in inflation and debt levels.2021-03-17T18:11:00"
Dollar Rally Gains Momentum,Currency,"Dollar Rally Gains MomentumUnited States CurrencyThe dollar index gained further ground on Wednesday, hovering around the 92 level as soaring Treasury yields once again sent investors rushing to buy the greenback. With Fed policymakers expected to forecast the fastest US economic growth in decades in the afterglow of a successful vaccine rollout and Washington’s massive stimulus package, investors will be on alert for clues about the timing of tapering and the central bank’s tolerance for higher borrowing costs. On the economic front, both industrial production and retail trade data for February came in worse than expected due to deep-freezing temperatures across the US.2021-03-17T16:51:00"
US Crude Stocks Rise Less than Forecast,Crude Oil Stocks Change,"US Crude Stocks Rise Less than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 2.396 million barrels in the week ended March 12th, 2021, after increasing by 13.798 million in the previous week and compared with market forecasts of a 2.964 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories went up by 0.472 million barrels, defying market expectations of a 2.996 million decline.2021-03-17T14:35:48.36"
US 10Y Bond Yield Hits 13-month High,Government Bond 10Y,US 10Y Bond Yield Hits 13-month Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 13-month high of 1.6656%2021-03-17T11:41:48.167
US 10-Year Treasury Yield Rises Ahead of Fed,Government Bond 10Y,"US 10-Year Treasury Yield Rises Ahead of Fed United States Government Bond 10YThe yield on the benchmark 10-year Treasury soared to a 14-month high of 1.685% on Wednesday ahead of the Fed monetary policy decision later in the day. Although no major changes in the feds fund rate or asset purchases are expected investors await new economic forecasts and more clarity on the Fed's view regarding a recent bond sell-off. Coronavirus vaccination and further fiscal stimulus support prospects of a strong economic recovery but traders worry that a rebound could lead to a spike in inflation and debt levels. Still, Fed Chair Powell and Treasury Secretary Yellen have been reiterating any jump in inflation would be temporary and recent CPI and PPI figures failed to surprise on the upside.2021-03-17T08:40:00"
Dollar Strengthens Ahead of Fed,Currency,"Dollar Strengthens Ahead of Fed United States CurrencyThe dollar index consolidated around 91.90 on Wednesday, with investors cautious ahead of the Federal Reserve monetary policy outcome later in the day that may provide clues on whether the central bank will move away from its ultra-easy monetary policy. Market participants anticipate that the Fed will upgrade growth projections due to the successful vaccine rollout and Washington’s massive stimulus package. On top of that, the recent tumult in the bond market sparked further speculation that the US central bank may have to tweak policy to soothe concerns about higher longer-term yields. On the economic front, both industrial production and retail trade data for February came in worse than expected due to deep-freezing temperatures across the US.2021-03-17T08:12:33.423"
"S&P Hits Record, Dow Falls",Stock Market,"S&P Hits Record, Dow FallsUnited States Stock MarketThe S&P 500 rebounded to reach fresh highs and the Nasdaq was up more than 1% on Tuesday amid gains in the tech sector as Treasury yields retreated slightly. In contrast, the Dow Jones lost nearly 100 points as traders digest prospects of a strong economic recovery while the Fed's 2-day monetary policy meeting kicks-off today. Policymakers will unveil a new set of economic forecasts when the policy review concludes on Wednesday and markets will also be looking for any comments on the recent rise in bond yields. On the data front, retail sales shrank 3% in February, much worse than forecasts of a 0.5% drop and both export and import prices rose more than anticipated. Also, industrial production unexpectedly fell by 2.2%.2021-03-16T14:41:00"
Dollar Direction Awaits Fed Meeting,Currency,"Dollar Direction Awaits Fed MeetingUnited States CurrencyThe dollar index consolidated around 91.90 on Wednesday, with investors cautious ahead of a US Federal Reserve meeting later this week that may provide clues on whether the central bank will move away from its ultra-easy monetary policy. Market participants anticipate that the Fed will upgrade growth projections due to the successful vaccine rollout and Washington’s massive stimulus package. On top of that, the recent tumult in the bond market sparked further speculation that the US central bank may have to tweak policy to soothe concerns about higher longer-term yields. On the economic front, both industrial production and retail trade data for February came in worse than expected due to deep-freezing temperatures across the US. 2021-03-16T14:15:00"
US Business Inventories in line with Forecasts,Business Inventories,"US Business Inventories in line with ForecastsUnited States Business InventoriesManufacturers’ and trade inventories in the US went up 0.3 percent from a month earlier in January of 2021, in line with market expectations and easing from an upwardly revised 0.8 percent growth in December. It was the seventh consecutive month of gains in business inventories. Stocks at manufacturers edged up 0.1 percent, slowing from a 0.3 percent advance in the previous month and inventories at retailers fell 0.5 percent, down from a 1.7 percent rise. Meantime, stocks at wholesalers rose faster (1.3 percent vs 0.6 percent). Year-on-year, business inventories dropped 1.8 percent. 2021-03-16T14:03:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 39742021-03-16T13:30:00.887
Dollar Trades Lower on US Retail Sales Data,Currency,"Dollar Trades Lower on US Retail Sales DataUnited States CurrencyThe dollar index fell to below 91.80 on Tuesday, after data showed US retail trade in February fell by 3%, much more than market expectations of a 0.5% decrease. At the same time, investors remain cautious ahead of a US Federal Reserve meeting later this week that may provide clues on whether the central bank will move away from its ultra-easy monetary policy. Market participants anticipate that the Fed will upgrade growth projections due to the successful vaccine rollout and Washington’s massive stimulus package. On top of that, the recent tumult in the bond market sparked further speculation that the US central bank may have to tweak policy to soothe concerns about higher longer-term yields.2021-03-16T12:47:06.33"
US 10-Year Treasury Yield Remains Close to 1-Year High,Government Bond 10Y,"US 10-Year Treasury Yield Remains Close to 1-Year HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note held steady at 1.60% on Tuesday, not far from a recent peak of 1.64%, after data showed US retail sales and industrial output fell sharply in February as harsh weather in Texas and other parts of the South region hit demand and activity. Meanwhile, import and export prices rose firmly, adding to inflationary pressure concerns.  Investors now await the Federal Reserve's monetary policy decision due Wednesday for further clues on the economic outlook and fresh forecasts. The coronavirus vaccination and further fiscal stimulus have been supporting prospects of a strong economic recovery and higher inflation.2021-03-16T12:42:00"
US Export Prices Rise More than Forecast,Export Prices MoM,"US Export Prices Rise More than ForecastUnited States Export Prices MoMPrices for US exports rose 1.6 percent from a month earlier in February 2021, after a 2.5 percent advance in January which was the largest increase since records began in December 1988. It also compared with market expectations of a 0.9 percent gain. The price index for agricultural exports rose 2.9 percent (vs 6.0 percent in January) and nonagricultural export prices rose 1.5 percent (vs 2.2 percent in January). Year-on-year, export prices jumped 5.2 percent in February, the largest over-the-year increase since June 2018.2021-03-16T12:34:00"
Dow Jones CFD hits All-time High,Stock Market,Dow Jones CFD hits All-time HighUnited States Stock MarketDow Jones CFD increased to an all-time high of 329752021-03-16T12:10:30.867
US Stocks Set to Open Lower,Stock Market,"US Stocks Set to Open LowerUnited States Stock MarketUS stock futures traded slightly lower on Tuesday,  amid caution ahead of a two-day Federal Reserve gathering that will start later in the day. Traders were also wary that the central bank will need to raise rates sooner than they have so far signaled to contain inflation. On the pandemic side, three major US drug distributors have requested the government to expand the COVID-19 vaccine supply chain network as the country immunizes its population against the virus as soon as possible. In business news, Rupert Murdoch's News Corp reportedly has reached a content-supply deal with Facebook in Australia. On Monday, the Dow Jones rose 175 points or 0.5% to 32,954. The S&P 500 added 26 points or 0.7% to 3,969. The Nasdaq jumped 140 points or 1.1% to 13,460. 2021-03-16T06:42:00"
Dollar Direction Awaits Fed Meeting,Currency,"Dollar Direction Awaits Fed Meeting United States CurrencyThe dollar index consolidated around 91.80 on Tuesday, with investors cautious ahead of a US Federal Reserve meeting later this week that may provide clues on whether the central bank will move away from its ultra-easy monetary policy. Market participants anticipate that the Fed will upgrade growth projections due to the successful vaccine rollout and Washington’s massive stimulus package. On top of that, the recent tumult in the bond market sparked further speculation that the US central bank may have to tweak policy to soothe concerns about higher longer-term yields. 2021-03-16T00:51:00"
"Dow Jones, S&P Hit New Records",Stock Market,"Dow Jones, S&P Hit New RecordsUnited States Stock MarketWall Street closed in the green on Monday and the Dow Jones and S&P 500 booked fresh records, as reopening optimism extended. It was the fourth straight high for the Dow and the fourteenth YTD. On the corporate side, shares of airline companies jumped after air travel over the weekend hit its highest level in more than a year as the coronavirus vaccine rollouts gain steam. Investors also looked ahead of the Federal Reserve meeting on Wednesday, where the central bank is expected to acknowledge better than expected economic growth, with yields continued to be closely monitored. The Dow Jones gained 175 points or 0.5% to 32,954. The S&P 500 added 26 points or 0.7% to 3969. The Nasdaq jumped 140 points or 1.1% to 13,460.2021-03-15T20:13:00"
Dow Jones CFD hits All-time High,Stock Market,Dow Jones CFD hits All-time HighUnited States Stock MarketDow Jones CFD increased to an all-time high of 329682021-03-15T19:59:46.823
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 39602021-03-15T19:53:52.38
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 23562021-03-15T14:49:18.26
Wall Street Lacks Direction,Stock Market,"Wall Street Lacks DirectionUnited States Stock MarketUS stocks swung between gains and losses on Monday, with the Dow Jones attempting to hold records from the previous week while both the S&P 500 and the Nasdaq traded around the flatline amid stubbornly high Treasury yields. Investors focus on the economic recovery and vaccination and assess the potential impact of President Biden's new economic measures. President Biden is planning the first major federal tax hike since 1993, Bloomberg reported. Also, some Americans already saw stimulus payments hitting their bank accounts during the weekend. Meanwhile, the US administered 100 million Covid-19 vaccine doses with about 35 million people fully vaccinated. Traders also await the Fed's monetary policy decision later in the week for further clues on the Fed's next steps. Last week, the Dow Jones surged 4%, it's strongest gain since November. The Nasdaq added 3% and the S&P 500 2.6%.2021-03-15T14:28:00"
Dollar Strengthens as Yields Remain High,Currency,"Dollar Strengthens as Yields Remain High United States CurrencyThe dollar index appreciated to 91.9 on Monday as Treasury yields remain close to levels not seen in a week. Widening interest rate differentials relative to other major bond markets and the relative safety of the greenback have pushed the dollar up in recent weeks. President Joe Biden signed the $1.9 trillion coronavirus relief package into law, enacting his first key piece of legislative and paving the way for a faster economic rebound. On the economic front, PPI figures pointed to tame inflation, in line with the CPI report from the Labor Department. This week the focus will be on the Federal Reserve policy meeting. The recent tumult in the bond market sparked speculation that the US central bank may have to tweak policy soon to soothe concerns about the high longer-term yields. 2021-03-15T13:50:00"
US Stock Futures Gain,Stock Market,"US Stock Futures GainUnited States Stock MarketUS stock index futures rose on Sunday night, as optimism about the reopening of the economy and Biden's stimulus package continued to back the risk-on sentiment. The plan includes a new round of direct payments of up to $1,400 for most American adults, extends federal unemployment benefits of $300 a week and provides hundreds of billions in aid to state and local governments. However, the current fiscal, monetary and stock market environment have been sparking concerns that speculative bubbles could be spreading across asset classes. This week, aside from how the US recovery is faring, the focus will be on the Federal Reserve policy meeting. Last week, the Dow Jones surged 4%, the S&P 500 rose 2.6%, and the Nasdaq climbed 3%. 2021-03-15T02:44:11.823"
Dollar Holds Momentum,Currency,"Dollar Holds Momentum United States CurrencyThe dollar index has managed to hold above 91.60 on Monday, as soaring Treasury yields once again sent investors rushing to buy the greenback. Last week President Joe Biden signed the $1.9 trillion coronavirus relief package into law, enacting his first key piece of legislative and paving the way for a faster economic rebound. On the economic front, PPI figures pointed to tame inflation, in line with the CPI report from the Labor Department, which showed the core inflation came in weaker than expected and hit its lowest level in eight months. This week the focus will be on the Federal Reserve policy meeting. The recent tumult in the bond market sparked speculation that the US central bank may have to tweak policy soon to soothe concerns about the high longer-term yields.
2021-03-14T23:08:00"
Dow Jones CFD hits All-time High,Stock Market,Dow Jones CFD hits All-time HighUnited States Stock MarketDow Jones CFD increased to an all-time high of 328282021-03-14T22:00:01.013
Dow Jones CFD hits All-time High,Stock Market,Dow Jones CFD hits All-time HighUnited States Stock MarketDow Jones CFD increased to an all-time high of 328092021-03-12T21:01:17.223
US 10-Year Yield Rises to Fresh 1-Year High,Government Bond 10Y,"US 10-Year Yield Rises to Fresh 1-Year HighUnited States Government Bond 10YThe yield on the benchmark 10-Year Treasury note rose to 1.63% on Friday, a fresh high since February of 2020, amid prospects of a strong economic recovery and renewed inflation concerns. President Biden signed the $1.9 trillion stimulus bill into law on Thursday and Treasury Secretary Yellen said Americans could start receiving payments during the weekend. Meanwhile, fresh PPI figures pointed to tame inflation, in line with the CPI report from the Labor Department released early in the week which showed the core inflation came in weaker than expected and hit its lowest level in eight months.2021-03-12T15:42:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 23402021-03-12T15:11:45.457
Dollar on the Rise as Yields Soar,Currency,Dollar on the Rise as Yields SoarUnited States CurrencyThe dollar index jumped to 91.8 on Friday as Treasury yields soared again to levels not seen in over a year amid prospects of a fast economic recovery. President Biden signed the $1.9 trillion stimulus bill into law on Thursday and Treasury Secretary Yellen said Americans could start receiving payments during the weekend while the recent claims report showed initial claims were the lowest in 4 months. The greenback has gained more than 2% so far this year as upbeat economic data and massive stimulus bill prompted fears of rising inflation and led to a bond-selloff.2021-03-12T09:08:34.37
Dollar Struggles to Find Momentum,Currency,"Dollar Struggles to Find MomentumUnited States CurrencyUS Dollar Index bottomed near weekly lows around 91.40 on Friday and is poised to end the week on a subdued note as a further retreat in US Treasury yields spooked investors away from the greenback. Recent economic figures from the Labor Department showed the US core inflation came in weaker than expected and hit its lowest level in eight months, sending longer-term yields lower as investors hoped for a more upbeat outlook on consumer prices. Still, additional economic stimulus in the form of a $1.9 trillion coronavirus relief package and better-than-expected weekly jobless claims numbers reinforced the view of a robust US economic bounce, paving the way for further dollar strength in the medium-term.2021-03-12T01:07:18.297"
The Dow Jones Index increasing 0.74%,Stock Market,"The Dow Jones Index increasing 0.74%United States Stock MarketUnited States Stock Market is up by 239 points. The rise is driven by Nike (2.85%), Microsoft (2.38%) and Salesforce.com (2.32%). Biggest losses came from General Electric (-9.41%), Verizon (-2.70%) and Coca-Cola (-1.01%).2021-03-11T20:30:04.143"
Costco Wholesale earnings at 2.14 USD,Earnings,"Costco Wholesale earnings at 2.14 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 2.14 USD, compared to market expectations of 2.45 USD.2021-03-11T17:30:53.983"
Avago Technologies earnings at 6.61 USD,Earnings,"Avago Technologies earnings at 6.61 USDUnited States EarningsAvago Technologies (AVGO) released earnings per share at 6.61 USD, compared to market expectations of 6.56 USD.2021-03-11T17:30:47.277"
US 10-Year Treasury Yield Rises on Claims Data,Government Bond 10Y,"US 10-Year Treasury Yield Rises on Claims DataUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note edged up to 1.53% on Thursday afternoon, not far from a recent peak of 1.61%, after data showed US jobless claims were lower than expected. Earlier this week, inflation concerns eased after the CPI report from the Labor Department showed the core inflation came in weaker than expected and hit its lowest level in eight months. Furthermore, the latest auction data showed adequate demand for $38 billion in 10-year Treasuries, soothing some concerns that investors would struggle to handle the flood of supply. Bond yields have been hovering around their highest levels in over a year, amid prospects of a swift economic recovery, helped by the coronavirus vaccine rollout and further fiscal support.2021-03-11T16:38:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 39512021-03-11T16:10:51.263
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 23192021-03-11T15:26:41.457
"US Stocks Rally amid Stimulus, Falling Claims",Stock Market,"US Stocks Rally amid Stimulus, Falling ClaimsUnited States Stock MarketWall Street rallied on Thursday, with the Dow Jones and  S&P 500 soaring to fresh records as investors welcomed new stimulus, steady Treasuries and lower-than-expected claims. The House passed the $1.9 trillion stimulus bill and President Biden is expected to sign it later today. Initial jobless claims fell more than expected to a 4-month low of 712K in the first week of March. The tech-heavy Nasdaq outperformed its peers, with Facebook soaring more than 4%.2021-03-11T14:34:00"
Dollar Weakness Persists,Currency,"Dollar Weakness Persists United States CurrencyThe US dollar struggled to find much upside momentum on Thursday, keeping depressed below the 92 region as lower Treasury yields dampened the appeal of holding the greenback. Recent economic figures from the Labor Department showed the US core inflation came in weaker than expected and hit its lowest level in eight months, sending longer-term yields lower as investors hoped for a more upbeat outlook on consumer prices. Still, additional economic stimulus in the form of a $1.9 trillion coronavirus relief package reinforced the view of a robust US economic bounce, paving the way for further dollar strength in the medium-term. 2021-03-11T00:50:00"
House Approves $1.9T Relief Package,Government Budget Value,"House Approves $1.9T Relief PackageUnited States Government Budget ValueHouse Democrats have approved a massive $1.9 trillion coronavirus relief package designed to soften the economic blow from the pandemic, putting the world’s largest economy on a rosier path to recovery. The plan includes a new round of direct payments of up to $1,400 for most Americans, extends federal unemployment benefits of $300 a week and provides hundreds of billions in aid to state and local governments. 2021-03-10T23:16:00"
Oracle earnings at 1.16 USD,Earnings,"Oracle earnings at 1.16 USDUnited States EarningsOracle (ORCL) released earnings per share at 1.16 USD, compared to market expectations of 1.11 USD.2021-03-10T21:24:26.44"
Bond Selloff Eases,Government Bond 10Y,"Bond Selloff EasesUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note bottomed around 1.51% as recent data showed that an expected blow of inflation in the US had not yet materialized. Economic data from the Labor Department showed inflation rate hit a 12-month high of 1.7% as widely expected, while the core inflation came in weaker than expected and hit its lowest level in eight months. Furthermore, the latest auction data showed adequate demand for $38 billion in 10-year Treasuries, soothing some concerns that investors would struggle to handle the flood of supply. Bond yields have been hovering around their highest levels in over a year, amid prospects of a swift economic recovery, helped by the coronavirus vaccine rollout and further fiscal support. 2021-03-10T19:15:00"
US Crude Inventories Rise More than Forecast,Crude Oil Stocks Change,"US Crude Inventories Rise More than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 13.798 million barrels in the week ended March 5th, 2021, after increasing by a record 21.563 million in the previous week and compared with market forecasts of a 0.816 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories fell by 11.869 million barrels, while markets had forecast a smaller 3.467 million decline.2021-03-10T15:37:17.78"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 321512021-03-10T14:40:36.833
Dollar Reverses Gains after US Inflation Data,Currency,"Dollar Reverses Gains after US Inflation DataUnited States CurrencyThe dollar index edged down to below 92 on Wednesday, after fresh data showed the inflation rate in the US rose 0.4% from the previous month as expected easing concerns that it would pick up too fast. The annual inflation rate increased to 1.7% in February, in line with forecasts and core inflation came slightly below expectations at 1.3%. Meantime, Treasury yields retreated and investors await the House to pass the $1.9 trillion stimulus bill during the day. The greenback has gained more than 2% so far this year as upbeat economic data and massive stimulus bill prompted fears of rising inflation and led to a bond-selloff.2021-03-10T13:37:00"
Dollar Stabilizes with Treasuries,Currency,"Dollar Stabilizes with TreasuriesUnited States CurrencyThe dollar index was little changed around 92 on Wednesday, after falling 0.4% in the previous session as Treasury yields stabilized below their recent peaks and investors await the House to pass the $1.9 trillion stimulus bill during the day. Still, the greenback has gained more than 2% so far this year as upbeat economic data and massive stimulus bill prompted fears of rising inflation and led to a bond-selloff.2021-03-10T10:11:17.777"
"US Treasury Yields Little Changed Ahead of Inflation, Auctions",Government Bond 10Y,"US Treasury Yields Little Changed Ahead of Inflation, AuctionsUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note edged up to 1.56% on Wednesday, after touching a 1-week low of 1.54% in the previous session and remained below a recent peak of 1.61%. Investors await fresh inflation figures for US and the 10-year government bond auction later in the day and the 30-year auction tomorrow. Still, Treasury yields remain close to levels not seen in a year amid concerns over hot inflation arising from strong growth and fiscal support. The House is expected to pass the $1.9 trillion aid bill today after the Senate passed it on Saturday, paving the way for more direct payments and unemployment benefits to Americans. Treasury Secretary Yellen said she doesn't see the new aid package causing an inflationary problem although it would provide enough resources to fuel a “very strong” US economic recovery. Also, Fed Chair Powell has been reiterating the Fed will not tight monetary policy anytime soon and that inflation could temporarily exceed 2%. 2021-03-10T08:42:00"
US Stock Futures Edge Lower,Stock Market,"US Stock Futures Edge LowerUnited States Stock MarketUS stock futures traded slightly in the red on Wednesday as traders await the final passage of the $1.9 trillion COVID-19 relief bill later in the day. At the same time, worries over an overheated economy and higher inflation grew, due to the massive stimulus and an initiative on larger infrastructure spending. Meanwhile, a survey published by the Commerce Department’s Census Bureau on Tuesday showed that nearly a third of US households receiving unemployment benefits are struggling to cover their routine expenses. In business news, Chevron reportedly outlined a plan to expand oil and gas output through 2025, but without spending significantly higher and pledged to limit its carbon emission. On Tuesday, tTe Dow Jones edged up 31 points or 0.1% to 31,833. The S&P 500 rose 54 points or 1.4% to 3,876. The Nasdaq surged 465 points or 3.7% to 13,074.2021-03-10T06:37:00"
US Futures Edge Higher,Stock Market,"US Futures Edge HigherUnited States Stock MarketUS Futures edged higher in overnight trading after the Nasdaq Composite climbed 3.7% to post its best day since November as investors poured back into popular growth names after a recent pullback, while US Treasury yields eased ahead of auctions in the coming days. Among individual stocks, Tesla shares soared almost 20%, the biggest daily gain in a year, while Apple and Facebook gained more than 4% each. Further boosting sentiment, the House of Representatives on Tuesday voted to advance President Joe Biden’s $1.9 trillion COVID-19 relief bill, with Democrats aiming to pass the $1.9 trillion stimulus bill that includes extensions for jobless benefits and stimulus checks on Wednesday. On Tuesday, The Dow Jones edged up 31 points or 0.1% to 31,833. The S&P 500 gained 54 points or 1.4% to 3876. The Nasdaq surged 465 points or 3.7% to 13,074.2021-03-10T00:21:00"
Dollar Index Trades Retraces 14-Week Highs,Currency,"Dollar Index Trades Retraces 14-Week HighsUnited States CurrencyThe US Dollar Index fell 0.342 points or 0.37% from 14-week highs to 91.971 in early trade Wednesday, as economic recovery optimism and declining long term bond yields boosted risk appetite. US 10-year rate fell from 13-month highs of 1.532% but remained elevated amid fears that the fresh government aid programs could push the economy into overdrive and stoke inflation. Risk sentiment was also boosted as the House of Representatives on Tuesday voted to advance President Joe Biden’s $1.9 trillion COVID-19 relief bill, with Democrats aiming to pass the $1.9 trillion stimulus bill that includes extensions for jobless benefits and stimulus checks on Wednesday.2021-03-10T00:11:00"
US Stocks Rally as Tech Rebounds,Stock Market,"US Stocks Rally as Tech ReboundsUnited States Stock MarketWall Street closed in the green on Tuesday led by tech following a sharp sell-off in the previous session with the Nasdaq booking its best day in four months, as a new stimulus package and declining bond yields nudged sentiment. The House Democrats aim to pass the $1.9 trillion stimulus bill that includes extensions for jobless benefits and stimulus checks on Wednesday. On the corporate side, shares of Tesla surged 19%, the most since February 2020 and Bitcoin continues to soar. The Dow Jones edged up 31 points or 0.1% to 31,833. The S&P 500 gained 54 points or 1.4% to 3876. The Nasdaq surged 465 points or 3.7% to 13,074.2021-03-09T21:05:00"
The Dow Jones Index rising 0.59%,Stock Market,"The Dow Jones Index rising 0.59%United States Stock MarketUnited States Stock Market is gaining 188 points. Leading the gains are Intel (5.08%), Apple (4.65%) and Boeing (4.38%). Top losers are Walt Disney (-2.97%), American Express (-2.72%) and Caterpillar (-1.94%).2021-03-09T20:30:05.293"
"US Stocks Rally, Dow Hits Intraday Record",Stock Market,"US Stocks Rally, Dow Hits Intraday RecordUnited States Stock MarketWall Street rallied on Tuesday, with the Dow Jones up more than 200 points after hitting another intraday record and the S&P 500 rising 2% as investors focus on prospects of a strong economic recovery and further stimulus. The House is expected to pass the $1.9 trillion aid bill tomorrow. Meanwhile, the Nasdaq added more than 4% after sinking into correction territory the day before, as Treasury yields retreated ahead of sales in the coming days and tech shares recovered some ground. Tesla stocks outperformed and surged almost 20%, rebounding from a 5.8% drop on Monday as upbeat China car sales data offered some support. Since hitting an all-time high on January 26th, the firm has shed a third of its value.2021-03-09T17:43:00"
US Stocks Rally,Stock Market,"US Stocks Rally United States Stock MarketWall Street rallied on Tuesday, with the Dow Jones surging more than 200 points as investors focus on prospects of a strong economic recovery and further stimulus. The House is expected to pass the $1.9 trillion aid bill tomorrow. Meanwhile, the Nasdaq added more than 3% after sinking into correction territory the day before, as Treasury yields retreated ahead of sales in the coming days and tech shares recovered some ground. Tesla stocks outperformed and surged more than 6%, rebounding from a 5.8% drop on Monday as upbeat China car sales data offered some support. Since hitting an all-time high on January 26th, the firm has shed a third of its value. The S&P 500 was up 1.8%.2021-03-09T14:33:00"
Dollar Falls from 3-1/2 Month High,Currency,"Dollar Falls from 3-1/2 Month HighUnited States CurrencyThe dollar index lost some ground to 92 on Tuesday, falling back from 3-1/2-month highs of 92.3 early in the session, as Treasury yields retreated. Still, the greenback has gained more than 2.5% so far this year as upbeat economic data and massive stimulus bill prompted fears of rising inflation and led to a bond-selloff. 2021-03-09T12:37:53.987"
US Futures Trade Higher,Stock Market,"US Futures Trade HigherUnited States Stock MarketUS futures traded higher on Tuesday, with contracts on the Dow Jones rising more than 150 points as investors focus on prospects of a strong economic recovery and further stimulus. The House is expected to pass the $1.9 trillion aid bill today or tomorrow. Meanwhile, contracts on the Nasdaq futures jumped 2%, after sinking into correction territory the day before, as Treasury yields retreated slightly although a rotation from tech shares to cyclical stocks which will benefit more from a strong economic rebound continues. Contracts on the S&P 500 were up 1%. On Monday, the Dow Jones jumped 1% to 31,802, while the S&P 500 fell 0.5% to 3,821 and the Nasdaq sank 2.4% to 12,609.2021-03-09T09:42:00"
Dollar Hovers at 3-1/2-Month High,Currency,"Dollar Hovers at 3-1/2-Month HighUnited States CurrencyThe dollar index was little changed at 92.3 on Tuesday, hovering around levels not seen since late November, amid persistently high Treasury yields and prospects of a swift economic recovery. The greenback has gained more than 2.5% so far this year amid upbeat economic data and massive stimulus bill. The Senate approved President Biden's $1.9 trillion stimulus bill on Saturday and the House is seen passing it today or tomorrow, paving the way for more checks and unemployment benefits to Americans. 2021-03-09T09:14:22.34"
US Futures Remain Mixed,Stock Market,"US Futures Remain MixedUnited States Stock MarketThe Dow Jones Industrial Average climbed on Monday, touching record highs in intraday trade as investors piled into economic comeback plays after Senate approval of a new Covid stimulus package, while a continuous sell-off in high-flying tech shares put pressure on the broader market. Meantime, US 10-year rates held near 13-month highs of 1.599% amid fears that the fresh stimulus programs could push the economy into overdrive and stoke inflation. President Biden’s $1.9 trillion stimulus bill was approved by the Senate on Saturday and the House is seen passing it on Tuesday. On Monday, the Dow Jones added 1%, the S&P 500 lost 0.5% and the Nasdaq sank 2.4%.2021-03-08T23:50:00"
Dollar Index Trades at 14-Week Highs,Currency,"Dollar Index Trades at 14-Week HighsUnited States CurrencyThe US Dollar Index added 0.365 points or 0.4% to fresh 14-week highs of 91.985 in early trade Tuesday, amid optimism for a strong economic recovery from the coronavirus pandemic as the US House is expected to give final passage to Biden’s US$1.9T relief bill this week. Meantime, US 10-year rates held near 13-month highs of 1.599% amid fears that the fresh government aid programs could push the economy into overdrive and stoke inflation. However, Treasury Secretary Janet Yellen said such fears are misplaced, noting that policymakers will be monitoring the situation closely and will be prepared to act if inflation does become a problem. Last week, the February payroll report came in stronger than forecast while Federal Reserve Chair Powell reiterated the economic reopening could boost inflation temporarily.2021-03-08T23:25:00"
Dow Jones Hits Another Intraday Record,Stock Market,"Dow Jones Hits Another Intraday RecordUnited States Stock MarketThe Dow Jones closed more than 300 points higher as investors piled into economic comeback stocks after the Senate passed a $1.9 trillion economic relief bill that paved the way to extensions for unemployment benefits, another rebound of stimulus checks, and aid to state and local governments. Meanwhile, The S&P 500 lost 21 points or 0.5% and the Nasdaq plunged 311 points or 2.4% as a possibility of higher interest rates is hurting companies relying on easy-borrowing and lead to less favourable valuation models for some hot technology shares. The benchmark 10-year bond yield has risen to a near 1- year high in anticipation of more stimulus on top of a booming economic recovery.2021-03-08T21:02:00"
The Dow Jones Index is up by 1.34%,Stock Market,"The Dow Jones Index is up by 1.34%United States Stock MarketUnited States Stock Market is picking up 423 points. Gains are led by Walt Disney (5.73%), General Electric (3.97%) and Cisco Systems (3.42%).2021-03-08T20:30:04.09"
Dow Jones Hits All-time High,Stock Market,"Dow Jones Hits All-time HighUnited States Stock MarketThe Dow Jones surged more than 600 points to a fresh all-time high on Monday as investors focus on prospects of a global economic recovery and progress towards fiscal stimulus and shrug off stubbornly high Treasury yields. The Senate approved President Biden’s $1.9 trillion stimulus bill on Saturday and the House is seen passing it on Tuesday while Treasury Secretary Yellen said she doesn't see the new aid package causing an inflationary problem. Comments from David Tepper, founder of Appaloosa Management, also helped to lift investors' mood. Tepper said it’s very difficult to be bearish on stocks right now and thinks the sell-off in Treasuries that has driven rates higher is likely over. Meanwhile, the S&P 500 was up almost 1% while the Nasdaq struggled to book gains as rising rates are set to hurt companies relying on easy-borrowing and lead to less favourable valuation models for some hot technology shares.2021-03-08T17:29:00"
Dow Jumps 400 Points on Prospects of Swift Recovery,Stock Market,"Dow Jumps 400 Points on Prospects of Swift Recovery United States Stock MarketThe Dow Jones surged 400 points on Monday as investors try to focus on prospects of a global economic recovery and progress towards fiscal stimulus and shrug off stubbornly high Treasury yields. The Senate approved President Biden’s $1.9 trillion stimulus bill on Saturday and the House is seen passing it on Tuesday while Treasury Secretary Yellen said she doesn't see the new aid package causing an inflationary problem. Comments from David Tepper, founder of Appaloosa Management, also helped to lift investors' mood. Tepper said it’s very difficult to be bearish on stocks right now and thinks the sell-off in Treasuries that has driven rates higher is likely over. Meanwhile, the S&P 500 was up almost 1% while the Nasdaq struggled to book gains as rising rates are set to hurt companies relying on easy-borrowing and lead to less favourable valuation models for some hot technology shares.2021-03-08T16:01:00"
US Wholesale Inventories Unrevised in January,Wholesale Inventories,"US Wholesale Inventories Unrevised in JanuaryUnited States Wholesale InventoriesWholesale inventories in the US increased 1.3 percent month-over-month in January of 2021, in line with preliminary figures, and following an upwardly revised 0.6 percent gain in December. Inventories of durable goods were up 1.2 percent, with those of computer equipment recording the biggest gain (3.4 percent). Inventories of nondurables jumped 1.5 percent, with petroleum stocks recoding the strongest rise. Year-on-year, wholesale inventories increased 0.6 percent.2021-03-08T15:09:27.613"
Dow in the Green on Bright Economic Outlook,Stock Market,"Dow in the Green on Bright Economic OutlookUnited States Stock MarketThe Dow Jones gained almost 200 points on Monday as investors try to focus on prospects of a global economic recovery and progress towards fiscal stimulus and shrug off stubbornly high Treasury yields. The benchmark 10-year Treasury note retreated slightly to 1.59% from 1.6% early in the session. The Senate approved President Biden’s $1.9 trillion stimulus bill on Saturday and the House is seen passing it on Tuesday. Comments from David Tepper, founder of Appaloosa Management, also helped to lift investors' mood. Tepper said it’s very difficult to be bearish on stocks right now and thinks the sell-off in Treasuries that has driven rates higher is likely over. Meanwhile, the S&P 500 and the Nasdaq were in the red as rising rates are set to hurt companies relying on easy-borrowing and lead to less favourable valuation models for some hot technology shares. 2021-03-08T14:39:00"
Dollar Hovers at 3-Month High,Currency,"Dollar Hovers at 3-Month HighUnited States CurrencyThe dollar index against a basket of six major currencies stood at 92.06 on Monday at around 04:15 AM GMT, hovering around a three-month high, amid hopes for faster economic recovery from the COVID-19 pandemic after the US Senate has approved a sweeping pandemic relief package on Saturday and now heads back to the House for final passage, which could come as early as this week. On the data front, the February US payroll report came in stronger than expected while Federal Reserve Chair Powell reiterated the economic reopening could boost inflation temporarily but still made a very dovish pledge to maintaining its current ultra-accommodative policy until the economy reaches full employment and inflation is at 2%2021-03-08T04:32:00"
US 10-Year Treasury Yield Remains Near 1-Year High,Government Bond 10Y,US 10-Year Treasury Yield Remains Near 1-Year HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury remained near 1-year high of 1.6% on Monday after strong US jobs report on Friday and the passage of President Biden's $1.9 trillion coronavirus aid bill by the Senate on Saturday raised expectations of solid economic recovery and a boost in inflation in the coming months. 2021-03-08T00:45:10.3
US Stocks Extend Gains,Stock Market,"US Stocks Extend GainsUnited States Stock MarketUS futures rose in the early trading in Asia with Dow Jones jumping as much as 200 points as investors become more optimistic about global economic recovery. Long-awaited President Biden's $1.9 trillion coronavirus aid bill was approved by the Senate on Saturday and sent back to the House for voting. Meanwhile,  on Friday data showed non-farm payroll employment grew more than expected in February. On Friday, the Dow Jones surged 574 points or 1.9% to 31,498. The S&P 500 added 73 points or 2% to 3842. The Nasdaq jumped 197 points or 1.6% to 12,920. 2021-03-08T00:04:00"
US Consumer Credit Surprisingly Falls,Consumer Credit,"US Consumer Credit Surprisingly FallsUnited States Consumer CreditConsumer credit in the United States declined by USD 1.3 billion in January of 2021 after rising by a downwardly revised USD 8.8 billion in the previous month, soundly disappointing market expectations of a USD 12 billion gain. It was the first decline in consumer credit in five months, as revolving credit declined by USD 9.8 billion, while non-revolving credit went up by USD 8.5 billion. On an annual basis, consumer credit dropped 0.4 percent after a revised 2.5 percent increase in the previous month.2021-03-05T20:08:00"
US Imports Rise to Over 1-Year High,Imports,"US Imports Rise to Over 1-Year HighUnited States ImportsImports to the United States rose 1.2 percent from the previous month to USD 260.2 billion in January of 2021, the highest level in more than a year. Goods purchases advanced by USD 3.4 billion to USD 221.1 billion, led by imports of consumer goods (USD 3.7 billion) and automotive vehicles, parts, and engines (USD 2.0 billion). Meanwhile, imports of services decreased by USD 0.3 billion to USD 39.0 billion, dragged by transport (USD 0.4 billion) and travel (USD 0.1 billion). 2021-03-05T13:35:00"
US Exports at 11-Month High,Exports,"US Exports at 11-Month HighUnited States ExportsExports from the United States increased 1.0 percent from the previous month to USD 191.9 billion in January of 2021, the highest level since February and the eighth straight month of rises, as global demand continued to recover from the coronavirus pandemic shock. Goods exports were up by USD 2.1 billion to USD 133.7 billion, boosted by sales of industrial supplies and materials (USD 2.5 billion), such as other petroleum products (USD 0.6 billion), and plastic materials (USD 0.4 billion). Meanwhile, services exports decreased by USD 0.3 billion to USD 56.3 billion, dragged by transport (USD 0.1 billion) and travel (USD 0.1 billion). 2021-03-05T13:34:00"
US Unemployment Rate Falls Unexpectedly,Unemployment Rate,"US Unemployment Rate Falls UnexpectedlyUnited States Unemployment RateThe US unemployment rate edged down to 6.2 percent in February 2021, the lowest rate since April's record high of 14.8 percent and below market expectations of 6.3 percent. Still, the jobless rate remained well above pre-pandemic levels. The number of unemployed people fell by 158 thousand to 9.97 million, dropping below the 10 million mark for the first time since March 2020, while the number of employed rose by 208 thousand to 150.24 million. The labor force participation rate, however, was unchanged at 61.4 percent, 1.9 percentage points lower than the value a year earlier; while the employment rate was up to 57.6 percent from 57.5 in January.2021-03-05T13:31:00"
US Average Hourly Earnings Rise 0.2% MoM in February,Average Hourly Earnings,"US Average Hourly Earnings Rise 0.2% MoM in FebruaryUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls rose by 7 cents, or 0.2 percent over the month to $30.01 in February of 2021, after a downwardly revised 0.1 percent increase in January and matching market expectations. Average hourly earnings for private-sector production and nonsupervisory employees, at $25.19, changed little (+4 cents). The large employment fluctuations over the past year, especially in industries with lower-paid workers complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 5.3 percent, the same pace as in the prior month and in line with market expectations consensus.


2021-03-05T13:31:00"
US Jobless Rate Seen at 6.3% in February,Unemployment Rate,"US Jobless Rate Seen at 6.3% in FebruaryUnited States Unemployment RateThe US unemployment rate is expected to hold steady at 6.3 percent in February 2021, down from an all-time high of 14.8 percent seen in April last year but remaining well above pre-pandemic levels. The rate has been falling in recent months, but many believe it has been understated by people misclassifying themselves as being “employed but absent from work.” Traders will also monitor any changes in the participation rate and the average earnings growth, which could provide an insight into whether lower-income workers are returning to the labor market. Looking ahead, the pace of job creation is seen gathering steam in the spring and through summer, helped by quickening vaccination rates and additional stimulus from the government.2021-03-05T10:53:00"
US Stock Futures Little Changed,Stock Market,"US Stock Futures Little ChangedUnited States Stock MarketUS stock futures were little changed on Friday, as traders weighed a spike in US bond yields, temporary rising prices in the coming months, and a pledge from the central bank to support the economy by not changing low-interest-rate policies. Meanwhile, a total of 158.5 million households would receive direct payments under the Senate version of a $1.9 trillion COVID-19 stimulus bill, the White House said Thursday. In business news, Reuters reported that Washington is closely tracking an emergency patch Microsoft has released after an unknown hacking group recently broke into organizations using a flaw in the company’s mail server software. On Thursday, the Dow Jones fell 346 points or 1.1% to 30,924. The S&P 500 declined 51 points or 1.3% to 3,769. The Nasdaq retreated 274 points or 2.1% to 12,724.2021-03-05T06:33:00"
Dollar Heads for Best Week Since October,Currency,"Dollar Heads for Best Week Since OctoberUnited States CurrencyThe dollar index gained further ground on Friday, breaking through 91.9 for the first time in three months and heading for its best weekly gain since October, as soaring US Treasury yields lent some optimism to the greenback bulls. In recent remarks, Federal Reserve Chair Jerome Powell once again downplayed concerns about higher interest rates and inflation, which, in turn, prompted a massive selloff in the US bond markets. On the fiscal front, the Senate has started debating President Biden’s $1.9 trillion coronavirus relief package, setting the stage for its approval as soon as this weekend. February's nonfarm payrolls and the unemployment rate will be the key drivers later today. 2021-03-05T01:59:00"
Dollar Climbs to 3-Month High,Currency,"Dollar Climbs to 3-Month HighUnited States CurrencyThe dollar index broke through 91.60 on Thursday , a level not seen since December after Federal Reserve chief Jerome Powell said that the economic reopening could boost inflation temporarily and that the labour market recovery would accelerate in the next few months. Powell also said that the central bank was still a long way from its inflation and employment targets and that any change in the Fed's QE would need actual progress towards those goals.2021-03-04T17:25:00"
US Productivity Falls Less than Initially Expected,Productivity,"US Productivity Falls Less than Initially ExpectedUnited States ProductivityNonfarm labor productivity in the US fell by an annualized 4.2 percent in the last quarter of 2020, less than initial estimates of a 4.8 percent decline. Still, it remains the biggest decline in productivity since the second quarter of 1981. Output increased 5.5 percent and hours worked rose 10.1 percent. Year-on-year, nonfarm business sector labor productivity increased 2.4 percent, reflecting a 2.6 percent decline in output and a 4.9 percent drop in hours worked. It compares with initial estimates of a 2.5 percent rise.
2021-03-04T13:34:00"
US Q4 Labor Costs Revised Lower,Labour Costs,"US Q4 Labor Costs Revised LowerUnited States Labour CostsUnit labor costs in the US nonfarm business sector rose an annualized 6 percent in the fourth quarter of 2020, rebounding from an upwardly revised 9.6 percent drop in the previous period but less than a preliminary estimate of a 6.8 percent jump and below market expectations of a 6.6 percent rise. Hourly compensation climbed 1.5 percent (vs 1.7 percent previously reported) and productivity fell 4.2 percent (vs -4.8 percent previously reported). Year-on-year, unit labor costs in the nonfarm business sector rose 4.2 percent.2021-03-04T13:34:00"
US Companies Cut the Least Jobs in Over a Year,Challenger Job Cuts,"US Companies Cut the Least Jobs in Over a YearUnited States Challenger Job CutsPlanned job cuts announced by US based companies fell by 57 percent to 34,531 in February of 2021, the lowest monthly total since December of 2019. Most jobs were cut in retail (9,257), followed by energy (3,736) and insurance industry (3,128). 10,637 announcements were attributed to market conditions, another 8,112 due to closings, while 7,299 due to demand downturn. In January and February, employers have announced 114,083 job cuts, 8 percent lower than the 124,395 announced through the first two months of 2020. “The churn has come to a halt. If healthy job creation follows, this could mean a full recovery is on the horizon, especially as companies see an end to the pandemic in sight,” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc.2021-03-04T12:35:00"
US Initial Jobless Claims Set to Pick Up from 3-Month Low,Initial Jobless Claims,"US Initial Jobless Claims Set to Pick Up from 3-Month LowUnited States Initial Jobless ClaimsInitial jobless claims are seen rising to 750 thousand in the last week of February, from the previous period's three-month low of 730 thousand, amid a slowdown in the labor market recovery due to coronavirus-induced restrictions and a lack of fiscal support. Continuing claims will probably drop to 4.30 million in the February 20th week from 4.42 million the week before, remaining well above February 2020 levels.2021-03-04T11:07:00"
Dollar Holds Momentum,Currency,"Dollar Holds MomentumUnited States CurrencyThe dollar index held above the 91 marks on Thursday, as soaring US Treasury yields lent some optimism to the greenback bulls. Investors began pricing in a robust economic recovery and rising inflation fueled by massive government spending and an ultra-dovish Fed. Still, this recent tumult in the bond market sparked speculation amongst investors that the Federal Reserve may have to tweak policy soon to soothe concerns about the quick jump in longer-term yields. On the data front, market participants will be watching for a report on weekly US jobless claims to assess the US labour market's recovery. 2021-03-04T02:06:47.927"
US February Composite PMI Revised Higher,Composite PMI,"US February Composite PMI Revised HigherUnited States Composite PMIThe IHS Markit US Composite PMI was revised higher to 59.5 in February 2021, up from a preliminary estimate of 58.8, signaling the sharpest pace of expansion in the private sector activity since August 2014. Service sector output expanded by the most in over six-and-a-half years, while manufacturing production growth moderated, but remained among the highest seen over the past decade. Private sector new order growth was the fastest since April 2018, while employment rose only fractionally. On the price front, input cost inflation accelerated to the fastest since data collection began in October 2009. As a result, firms raised their selling prices at the second-steepest pace on record due to the partial pass-through of greater costs to clients. Finally, business confidence moderated from that seen in January.2021-03-03T15:03:56.717"
US Services Activity Expands the Most in Over 6-1/2 Years,Services PMI,"US Services Activity Expands the Most in Over 6-1/2 YearsUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 59.8 in February 2021, from a preliminary estimate of 58.9 and compared with 58.3 in the previous month. The latest reading pointed to the strongest expansion in the service sector since July 2014, as new order inflows expanded at the steepest pace since April 2018 despite a decline in new export orders. However, despite further pressure on capacity, service providers registered only a fractional rise in employment. On the price front, cost burdens increased by the most since data collection began in October 2009, while output charge inflation was the second-highest on record. Finally, business confidence moderated in February, amid concerns regarding the duration of the pandemic.2021-03-03T14:49:00"
Dollar Gains as Treasury Yields Rise,Currency,"Dollar Gains as Treasury Yields RiseUnited States CurrencyThe dollar index edged higher to 91 on Wednesday as Treasury yields increased amid prospects of a strong economic rebound supported by fiscal stimulus and a faster coronavirus vaccine rollout. President Biden recently said the US will have enough vaccines for every American by the end of May, earlier than July. Furthermore, the House of Representatives approved President Joe Biden's $1.9 trillion pandemic aid package that includes extra $1,400 checks for most Americans. The Senate is now expected to open debate on it as soon as Wednesday afternoon.2021-03-03T14:45:00"
US 10-Year Treasury Yield Rises Again,Government Bond 10Y,"US 10-Year Treasury Yield Rises AgainUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note held around 1.5% on Thursday, amid global coronavirus vaccine rollout and prospects of a swift economic recovery. President Biden recently said the US will have enough vaccines for every American by the end of May, earlier than July. Treasuries have been rallying since the end of January when the Democrats won control of the US Senate, amid inflationary concerns arising from strong economic activity and further fiscal support. The yield remains much lower than 1.61% touched later in February but is close to levels not seen in 1 year, although central banks around the world pledged not to tight monetary policy anytime soon. Fed Chair Powell recently reinforced the US economy needs support and the Fed is committed to the current policy stance as the economic recovery remains uneven while inflation is seen rising above 2% for some time.2021-03-03T14:10:00"
US 10-Year Treasury Yield Little Changed at 1-Year High,Government Bond 10Y,"US 10-Year Treasury Yield Little Changed at 1-Year HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury steadied around 1.42% in the beginning of March, much lower than 1.61% touched later in February but remaining close to levels not seen in 1 year. The bond sell-off eased amid slowing concerns over inflationary pressures and as investors appear to acknowledge that central banks around the world will not tight monetary policy anytime soon. Treasuries have been rallying since the end of January when the Democrats won control of the US Senate, amid inflationary concerns arising from strong economic activity and further fiscal support. Fed Chair Powell recently reinforced the US economy needs support and the Fed is committed to the current policy stance as the economic recovery remains uneven while inflation is seen rising above 2% for some time.2021-03-03T08:39:00"
US Stock Futures Gain Markedly,Stock Market,"US Stock Futures Gain MarkedlyUnited States Stock MarketUS stock futures rose markedly on Wednesday after President Joe Biden said on Tuesday that America will have enough COVID-19 vaccine doses by the end of May, two months earlier than the target; and announced that drugmaker Merck will help produce rival Johnson & Johnson’s newly approved one-shot vaccine. Sentiment was also lifted by reports that benchmark US government bond yields fell for the third straight day on Tuesday, with the yield on 10-year Treasury notes standing at 1.4086%, down from last week’s high of 1.614%. In business news, Samsung Electronics is mulling two sites in Arizona and another site in New York in addition to Austin, Texas for a new $17 billion chip plant. Meanwhile, Oscar Health, a health insurance startup backed up by Alphabet, sold shares in its IPO Tuesday at $39 apiece to raise $1.2 billion. On Tuesday the Dow Jones shed 144 points or 0.5% to 31,391. The S&P 500 lost 32 points 0.8% to 3,870. The Nasdaq fell 230 points or 1.7% to 13,359.2021-03-03T07:06:00"
US Crude Stocks Rise by Most Since July,API Crude Oil Stock Change,"US Crude Stocks Rise by Most Since JulyUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States jumped by 7.36 million barrels in the week ended February 26th of 2021, following a 1.03 million increase in the previous week, data from the American Petroleum Institute showed. It was the second straight weekly gain and the biggest build since the week ended July 17th.2021-03-02T21:38:00"
US Stocks Give Up Gains,Stock Market,"US Stocks Give Up GainsUnited States Stock MarketWall Street closed in the red erasing some of the previous session’s gains, as investor's focus moved to central banks for clues on changes to the monetary policy. An easy monetary policy since the pandemic started has fuelled a stock market rally but damped the interest in bonds. This has stopped in the last few weeks with yields jumping and bond prices felling as expectations for economic recovery increased fuelled by vaccination progress and fiscal stimulus. Technology and consumer discretionary shares were the worst-performing while materials gained slightly. The Dow Jones shed 144 points or 0.5% to 31,391. The S&P 500 lost 32 points 0.8% to 3870. The Nasdaq declined 230 points or 1.7% to 13,359. 2021-03-02T21:05:00"
Dollar Fails to Consolidate Above 91,Currency,"Dollar Fails to Consolidate Above 91 United States CurrencyThe dollar index remained on the defensive below the 91.00 level, as lower Treasury yields dampened the appeal of holding the greenback. Furthermore, the recent tumult in the bond market sparked speculation amongst investors that the Federal Reserve may have to tweak policy soon to soothe concerns about the quick jump in longer-term yields. The most pronounced selling activity has been against the Australian and New Zealand dollars, as investors continue to cheer a resumption of economic activity in both countries. 2021-03-02T19:11:00"
US Economic Optimism Returns to Pre-Pandemic Levels,Economic Optimism Index,"US Economic Optimism Returns to Pre-Pandemic LevelsUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the US rose 3.5 points to 55.4 in March of 2021, the highest since February 2020 before the Covid-19 shutdown. The six-month outlook for the US economy picked up to 53.2 from 49.5, returning to positive territory for the first time since October 2020. Also, the personal finances subindex, a measure of how Americans feel about their own finances in the next six months, climbed to 58 from 56.5 and the federal policies subindex jumped 10.5 percent from 49.7 to 54.9.2021-03-02T15:15:00"
Target earnings at 2.67 USD,Earnings,"Target earnings at 2.67 USDUnited States EarningsTarget (TGT) released earnings per share at 2.67 USD, compared to market expectations of 2.55 USD.2021-03-02T12:20:43.05"
US 10-Year Treasury Yield Little Changed,Government Bond 10Y,"US 10-Year Treasury Yield Little ChangedUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note was little changed at 1.45% on Tuesday, remaining much lower than an over 1-year high of 1.61% touched in the previous week as investors appear to acknowledge that central banks around the world will not tight monetary policy anytime soon. Treasuries have been rallying since the end of January when the Democrats won control of the US Senate, amid inflationary concerns arising from strong economic activity and further fiscal support. Fed Chair Powell recently reinforced the US economy needs support and the Fed is committed to the current policy stance as the economic recovery remains uneven while inflation is seen rising above 2% for some time.2021-03-02T08:08:00"
US Stocks Rally on Monday,Stock Market,"US Stocks Rally on MondayUnited States Stock MarketWall Street closed deeply in the green on Monday and the S&P 500 booked its best session since June, as vaccine rollout optimism and economic prospects nudged sentiment. On the policy side, the House passed early Saturday a $1.9 trillion coronavirus relief package, the American Rescue Plan Act of 2021, and the Senate will now consider the legislation. On the pandemic side, the Centers for Disease Control and Prevention advisory panel voted unanimously Sunday to recommend the use of Johnson & Johnson’s one-shot coronavirus vaccine for people 18 years of age and over, and the company expects to deliver four million doses initially. Overall, the US has inoculated more than 70 million doses. The Dow Jones jumped 603 points or 2% to 31,536. The S&P 500 surged 91 points or 2.4% to 3902. The Nasdaq climbed 397 points or 3% to 13,589.2021-03-01T21:04:00"
The Dow Jones Index rising 2.16%,Stock Market,"The Dow Jones Index rising 2.16%United States Stock MarketUnited States Stock Market is gaining 669 points. Leading the gains are Boeing (5.61%), General Electric (5.34%) and Apple (5.12%).2021-03-01T20:30:03.43"
Dollar Touches Three-Week High,Currency,"Dollar Touches Three-Week HighUnited States CurrencyThe dollar index managed to hold above 91.00 on Tuesday, as upbeat economic numbers from the US fed expectations that the world’s largest economy recovery is gathering pace. The ISM Manufacturing PMI jumped to a three-year high of 60.8 in February, easily beating market expectations of 58.8. On top of that, mounting hopes about a massive $1.9 trillion stimulus package provided further support to the greenback after the House approved President Joe Biden’s bill. While more government spending reinforced the view of a robust US economic rebound, it also sparked inflation concerns, pushing US Treasury yields to levels not seen in over a year. Higher longer-term yields, in turn, made the greenback a more attractive investment relative to other currencies.2021-03-01T18:24:00"
US Markit Manufacturing PMI Revised Slightly Higher,Manufacturing PMI,"US Markit Manufacturing PMI Revised Slightly HigherUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised slightly higher to 58.6 in February of 2021 from a preliminary of 58.5 and compared to 59.2 in January. The reading pointed to a marked upturn in the health of the US manufacturing sector. Although the rate of overall growth eased from January, it was the second-fastest since April 2010 and was supported by sharp increases in output and new orders. Unprecedented supply chain disruption remained apparent, however, with supplier shortages and transportation delays leading to a substantial rise in input costs. Firms were, however, able to partially pass on input prices to clients through the fastest increase in charges since July 2008. At the same time, employment grew at the steepest rate since September 2014, as business confidence also improved.2021-03-01T14:48:05.613"
Berkshire Hathaway B earnings at 2.15 USD,Earnings,"Berkshire Hathaway B earnings at 2.15 USDUnited States EarningsBerkshire Hathaway B (BRKb) released earnings per share at 2.15 USD, compared to market expectations of 2.34 USD.2021-03-01T13:07:50.153"
Dollar at 1-Month High,Currency,"Dollar at 1-Month HighUnited States CurrencyThe dollar index rebounded from early losses to trade slightly higher around 91 on Monday, the strongest level on a closing basis since February 4th, as investors digest a fall in Treasury yields and prospects of a swift economic recovery supported by fiscal stimulus. The House of Representatives approved President Joe Biden's $1.9 trillion pandemic aid package that includes extra $1,400 checks for most Americans. The bill will now move to the Senate.2021-03-01T09:28:00"
US Stock Futures Gain,Stock Market,"US Stock Futures GainUnited States Stock MarketUS stock index futures rose on Sunday night, as investors refocused on the reopening of the US economy. The House of Representatives has voted to approve President Joe Biden's $1.9 trillion pandemic aid package that includes extra $1,400 checks for most Americans. On the vaccine front, the CDC advisory panel voted Sunday to approve the use of Johnson & Johnson’s COVID-19 vaccine for widespread use. Last week, the Dow Jones lost 1.7%, the S&P 500 2.5% and the Nasdaq 4%. 2021-03-01T02:42:00"
Dollar Rally Takes a Pause,Currency,"Dollar Rally Takes a PauseUnited States CurrencyThe dollar index bottomed around 90.70 on Monday, moving away from the key 91 regions as money flew to riskier assets amid prospects of more policy support to sustain the US economic recovery. The House of Representatives has voted to approve President Joe Biden's $1.9 trillion pandemic aid package that includes extra $1,400 checks for most Americans. The most pronounced selling activity was against the Australian and New Zealand dollars.  
2021-03-01T01:55:00"
US Stocks Close Mixed,Stock Market,"US Stocks Close MixedUnited States Stock MarketWall Street closed little changed on Friday and booked a negative week, as stimulus hopes intensified. Investors remained expectant with Big Tech recouping some of the previous session’s sharp losses, as the House is expected to pass later today a $1.9 trillion Covid-19 stimulus package and send Biden’s relief plan to the Senate. On the macro side, the 10-year Treasury yield dropped about 6 basis points to 1.46% on Friday after surging 1.6% on Thursday. The personal consumption expenditures price index indicated that inflation rose 0.3% in January, slightly ahead of the 0.2% expected by analysts but up only 1.5% on an annual basis. The Dow Jones dropped 470 points or 1.5% to 30,932. The S&P 500 declined 18 points or 0.5% to 3,811. In contrast, the Nasdaq added 73 points or 0.6% to 13,192.2021-02-26T21:04:00"
The Dow Jones Index is down by 0.98%,Stock Market,"The Dow Jones Index is down by 0.98%United States Stock MarketUnited States Stock Market is losing 307 points. Losses were led by Salesforce.com (-5.51%), IBM (-2.44%) and JPMorgan Chase (-2.08%). Offsetting the fall, top gainers were Apple (2.17%), Microsoft (2.00%) and Home Depot (1.54%).2021-02-26T20:30:05.343"
US Consumer Sentiment Revised Higher but Remains the Lowest in 6 Months,Consumer Confidence,"US Consumer Sentiment Revised Higher but Remains the Lowest in 6 MonthsUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to 76.8 in February of 2021 from  79 in the previous month and compared with market forecasts of 76.5. Still, it is the lowest reading in 6 months as households with incomes below $75,000 become less optimistic with declines mainly concentrated in future economic prospects. Meanwhile, expectations were revised higher to 70.7 from 69.8 but remained below 74 in January and the current conditions gauge fell to 86.2 from 86.7, the same as in the preliminary estimate. Inflation expectations for the year ahead increased to 3.3% from 3% in the previous month while the 5-year outlook was unchanged at 2.7%, matching initial figures. ""While consumers clearly anticipate a spurt in inflation in the year ahead, the overall evidence does not indicate the emergence of an inflationary psychology that makes the expectation of inflation a self-fulfilling prophecy"".2021-02-26T15:08:00"
Chicago Business Barometer Falls in February,Chicago PMI,"Chicago Business Barometer Falls in FebruaryUnited States Chicago PMIThe MNI Chicago Business Barometer in the US decreased by 4.3 points to 59.5 in February 2021 from the previous month's 2-1/2-year high of 63.8, missing market expectations of 61.1. Among the main five indicators, New Orders saw the largest monthly decline (down 11 points), followed by Production (down 9.3 points). Employment recorded the biggest gain (up 5.7 points to a sixteen-month high).2021-02-26T14:59:00"
US PCE Price Index Rises in January,PCE Price Index Monthly Change,"US PCE Price Index Rises in JanuaryUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States increased 0.3 percent month-over-month in January of 2021, following a 0.4 percent rise in December. Cost of services went up 0.2 percent, easing from a 0.4 percent advance in the previous month, while goods price inflation accelerated to 0.7 percent from 0.4 percent. Excluding food and energy, PCE prices went up 0.3 percent, the same as in the previous month but beating market expectations of a 0.2 percent gain. Year-on-year, both the PCE price index and the core index advanced 1.5 percent.2021-02-26T13:39:00"
US Wholesale Inventories Rise at Faster Pace in January,Wholesale Inventories,"US Wholesale Inventories Rise at Faster Pace in JanuaryUnited States Wholesale InventoriesWholesale inventories in the US increased 1.3 percent from the previous month in January 2021, following following an upwardly revised 0.5 percent growth in December, a preliminary estimate showed. Nondurable goods stocks rose 1.4 percent (vs 0.8 percent in December) and durable goods inventories were up 1.3 percent (vs 0.3 percent in December). On a yearly basis, wholesale inventories advanced 0.5 percent in January.2021-02-26T13:34:00"
Treasury Yields Calm after Sell-Off,Government Bond 10Y,"Treasury Yields Calm after Sell-OffUnited States Government Bond 10YThe global bond sell-off slowed on Friday, after yields reached multi-months high the day before, with the benchmark US 10-year note yield falling back to below 1.5% after touching a more than 1-year high of 1.61% on Thursday. Investors continue to bet on a strong economic recovery boosted by further fiscal stimulus, low-interest rates and the rollout of Covid-19 vaccines, despite dovish comments from several central bank officials, including Fed Chair Powell, who reinforced economic recovery remains uneven and monetary support is still much needed. Treasuries have been rallying since the end of January when the Democrats won control of the US Senate, amid inflationary concerns arising from strong economic activity and further fiscal support. The German 10-year Bund yield was little changed at -0.26% and the UK one fell to 0.78%. On the other hand, Japan’s benchmark hovered near 0.16%, its highest level since early 2016.2021-02-26T08:24:00"
US Stocks Set to Open in the Red,Stock Market,"US Stocks Set to Open in the RedUnited States Stock MarketUS stock futures traded markedly lower on Friday after Wall Street’s main indexes tumbled overnight, with technology stocks under pressure following a surge in benchmark US Treasury yields.  The 10-year US Treasury hit a one-year high of 1.614% Thursday, above the S&P 500 dividend yield of 1.5%. Meantime, the White House said that President Joe Biden was disappointed in the ruling by the Senate parliamentarian that the chamber cannot include his proposed minimum wage in a $1.9 trillion COVID-19 bill. On the data front, weekly initial claims fell to a 3-month low of 730K, while GDP growth for Q4 was revised higher to 4.1%. In business news, Freeport-McMoRan is set to approve expansions at several of its US copper mines to capitalize on surging demand. On Thursday, the Dow Jones plunged 561 points or 1.8% to 31,401. the S&P 500 sank 96 points or 2.5% to 3,829. The Nasdaq plummeted 479 points or 3.5% to 13,119, suffering its worst decline since October.2021-02-26T07:15:00"
VMware earnings at 2.21 USD,Earnings,"VMware earnings at 2.21 USDUnited States EarningsVMware (VMW) released earnings per share at 2.21 USD, compared to market expectations of 2.05 USD.2021-02-25T22:06:24.157"
Autodesk earnings at 1.18 USD,Earnings,"Autodesk earnings at 1.18 USDUnited States EarningsAutodesk (ADSK) released earnings per share at 1.18 USD, compared to market expectations of 1.07 USD.2021-02-25T22:06:19.227"
Salesforce.com earnings at 1.04 USD,Earnings,"Salesforce.com earnings at 1.04 USDUnited States EarningsSalesforce.com (CRM) released earnings per share at 1.04 USD, compared to market expectations of 0.75 USD.2021-02-25T21:35:06.483"
Workday earnings at 0.73 USD,Earnings,"Workday earnings at 0.73 USDUnited States EarningsWorkday (WDAY) released earnings per share at 0.73 USD, compared to market expectations of 0.55 USD.2021-02-25T21:05:24.093"
US Stocks Sell Off on Rising Yields,Stock Market,"US Stocks Sell Off on Rising YieldsUnited States Stock MarketUS stocks sank deeper into negative territory on Thursday, dragged down by tech shares as bond yields continue to soar to fresh 1-year highs. Dovish comments from Fed Chair made earlier in the week only temporarily eased the bond sell-off. Jerome Powell said he sees no signs the inflation rate might rise out of control and that it would take around 3 years for the inflation to return to the target while reinforcing the central bank will continue to support the US economy. Meanwhile, fresh data pointed to a sustainable economic recovery. Initial claims fell to a 3-month low of 730K, GDP growth for Q4 was revised higher to 4.1% and durable goods orders rose the most in 6 months. The Dow Jones plunged 561 points or 1.8% to 31,401. The S&P 500 sank 96 points or 2.5% to 3829. The Nasdaq plummeted 479 points or 3.5% to 13,119, suffering its worst decline since October.
2021-02-25T21:04:00"
Dow Jones is down by 2%,stock market,Dow Jones is down by 2%United States stock marketDow Jones Industrial Average decreased 2% to 313232021-02-25T20:36:33.7
Dollar Bounces Off 7-Week Low,Currency,"Dollar Bounces Off 7-Week Low United States CurrencyThe dollar index managed to regain ground above the 90.5 region on Friday, recovering from an almost seven-week low of 89.70 hit in the prior session, as soaring US Treasury yields lent some optimism to the greenback bulls. Expectations of a robust economic recovery fuelled by the vaccines’ rollout and more government triggered sparked inflation concerns, which, in turn, drove the US long-term yields to levels not seen in over a year. Market moves came despite Federal Reserve chairman Jay Powell on its semi-annual report to Congress downplayed the threat of a spike in prices. Powell also noted that bring the economy to full employment will not be an easy task, and it will require more than a dovish policy to achieve it.2021-02-25T19:28:00"
Tenth District Manufacturing Activity Growth Accelerates,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Growth AcceleratesUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index rose by four points from the previous month to 26 in February 2021, suggesting that Tenth District manufacturing activity grew at a faster pace, driven by durable goods plants, specifically by primary and fabricated metals, machinery, and transportation equipment. Also, the pace of job creation picked up and supplier delivery time rose significantly. Meanwhile, shipments and new orders growth eased from the previous period.2021-02-25T16:11:48.947"
Sempra Energy earnings at 1.90 USD,Earnings,"Sempra Energy earnings at 1.90 USDUnited States EarningsSempra Energy (SRE) released earnings per share at 1.90 USD, compared to market expectations of 1.58 USD.2021-02-25T12:23:27.703"
American Electric Power earnings at 0.87 USD,Earnings,"American Electric Power earnings at 0.87 USDUnited States EarningsAmerican Electric Power (AEP) released earnings per share at 0.87 USD, compared to market expectations of 0.78 USD.2021-02-25T12:23:24.083"
American Tower earnings at 0.82 USD,Earnings,"American Tower earnings at 0.82 USDUnited States EarningsAmerican Tower (AMT) released earnings per share at 0.82 USD, compared to market expectations of 1.25 USD.2021-02-25T12:23:08.61"
US Initial Jobless Claims Seen Falling from 1-Month High,Initial Jobless Claims,"US Initial Jobless Claims Seen Falling from 1-Month HighUnited States Initial Jobless ClaimsInitial jobless claims are seen dropping to 838 thousand in the week ended February 20th, from the previous period's one-month high of 861 thousand. Still, claims are expected to hold above pre-pandemic levels for some time, amid a slowdown in the labor market recovery due to coronavirus-induced restrictions and the lack of fiscal support. Continuing claims will probably drop to 4.47 million in the February 13th week from 4.49 million the week before, remaining well above February 2020 levels.2021-02-25T10:01:27.057"
Nvidia earnings at 3.10 USD,Earnings,"Nvidia earnings at 3.10 USDUnited States EarningsNvidia (NVDA) released earnings per share at 3.10 USD, compared to market expectations of 2.80 USD.2021-02-24T21:46:21.093"
Dow Jones CFD hits All-time High,Stock Market,Dow Jones CFD hits All-time HighUnited States Stock MarketDow Jones CFD increased to an all-time high of 320342021-02-24T21:13:32.3
Booking Holdings Inc earnings at -0.57 USD,Earnings,"Booking Holdings Inc earnings at -0.57 USDUnited States EarningsBooking Holdings Inc (BKNG) released earnings per share at -0.57 USD, compared to market expectations of -3.85 USD.2021-02-24T21:05:54.633"
US Stocks Rally,Stock Market,"US Stocks Rally United States Stock MarketWall Street closed deeply in the green on Wednesday, as recovery stocks continued to rally led by a 7% increase in shares of Boeing. On the corporate side, shares of Tesla rebounded 6.2% after plunging 20 percent since the decline in the price of Bitcoin. Meanwhile, oil prices continued to increase, with the WTI up 2.5% in the session to trade at $63.2 per barrel. On the pandemic side, the Food and Drug Administration endorsed Johnson & Johnson’ single-shot coronavirus vaccine for emergency use, which would bring in a third vaccine to the US. The Dow Jones jumped 426 points or 1.4% to 31,963. The S&P 500 increased 44 points or 1.1% to 3925. The Nasdaq added 133 points or 1% to 13,598.2021-02-24T21:05:00"
"Dow Jones Breaks 32,000",Stock Market,"Dow Jones Breaks 32,000United States Stock MarketWall Street's rally gained steam in afternoon trading, with the Dow Jones clinching a fresh all-time intraday high after Federal Reserve Chair Jerome Powell soothed investors' concerns about rising inflation and bond yields. The Fed heightened in its semi-annual report to Congress the importance of keeping monetary policy extremely easy for the foreseeable future to support the US economy. Adding to the bullish tone were prospects for a massive US coronavirus relief package, with the House due to vote on Friday on legislation to provide the $1.9 trillion aid. Investors once more ditched growth and technology shares, curbing gains in the S&P 500 and Nasdaq. 2021-02-24T19:35:00"
Dollar Struggles for Traction,Currency,"Dollar Struggles for Traction United States CurrencyThe dollar index bottomed around 90.10 on Thursday, as dovish-sounding remarks from US Federal Reserve chief’s Jerome Powell and firming expectations for a massive US fiscal spending spurred appetite for riskier assets. Powell made it clear that the Fed has no intention of changing this policy approach any time soon while it played down the threat of a spike in prices. Some of the most pronounced selling activity was against commodity-linked currencies such as the Australian and New Zealand dollars. The risk-positive market sentiment seems to be making it difficult for the USD to attract investors, though higher US treasury yields have been limiting further losses. 2021-02-24T18:31:00"
"Wall Street Extends Gains, Dow Jumps 300 Points",Stock Market,"Wall Street Extends Gains, Dow Jumps 300 PointsUnited States Stock MarketThe Dow Jones rallied more than 300 points Wednesday afternoon and both the S&P 500 and Nasdaq rose after a negative start, after Federal Reserve Chair Powell told Congress that the path ahead is highly uncertain, but the central bank is committed to act if necessary to support the economy and to help ensure that the recovery from the pandemic crisis will be as robust as possible. Meanwhile, the 10-year Treasury yield hit a fresh 1-year high of 1.42% and investors continue to worry that high rates could hurt companies more reliant on easy-borrowing and lead to less favorable valuation models for some hot technology shares. On the political front, the House will vote on Friday on legislation to provide the $1.9 trillion aid package.2021-02-24T18:00:00"
Dollar Rebounds from 6-Week Low,Currency,"Dollar Rebounds from 6-Week LowUnited States CurrencyThe dollar index against a basket of currencies rebounded slightly to 90.3 Wednesday, moving further away from a six-week low of 89.94 hit the day before, amid higher US Treasury yields and as Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee. On Tuesday, the central bank's chief reiterated that US interest rates will remain low and the Fed will keep buying bonds to support the US economy. Meanwhile, the prospect of additional fiscal stimulus in the US, alongside concerns about large budget and current account deficits, curbed the dollar's gains.2021-02-24T16:18:00"
US Crude Inventories Rise Unexpectedly,Crude Oil Stocks Change,"US Crude Inventories Rise UnexpectedlyUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 1.285 million barrels in the week ended February 19th, 2021, ending a four-week period of declines and defying market forecasts of a 5.19 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories increased by 0.012 million barrels, while markets had forecast a 3.062 million fall.2021-02-24T15:33:00"
US 10-Year Bond Yield Rally Continues,Government Bond 10Y,"US 10-Year Bond Yield Rally ContinuesUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note soared to a fresh 1-year high of 1.42% on Wednesday, before retreating to 1.38%, as investors digest dovish comments from Fed Chair. During his semimanual testimony to Congress, Powell reinforced the economy needs support and the Fed is committed to current policy stance as the economic recovery remains uneven while inflation is seen rising above 2% for some time. Powell also said that the Fed had no plans to tighten economic policy by buying fewer assets or raising interest rates. Still, Treasuries continued to rally amid inflationary concerns arising from strong economic activity and further fiscal stimulus. The gap between 5 and 30-year yields touched the highest level in more than six years on Monday, also reflecting investor expectations of a strong economic recovery.2021-02-24T14:13:00"
TJX Companies earnings at 0.50 USD,Earnings,"TJX Companies earnings at 0.50 USDUnited States EarningsTJX Companies (TJX) released earnings per share at 0.50 USD, compared to market expectations of 0.61 USD.2021-02-24T13:07:46.73"
US 10-Year Treasury Yield Hovers at 1-Year High,Government Bond 10Y,"US 10-Year Treasury Yield Hovers at 1-Year HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury was little changed at 1.36% on Wednesday, after touching 1.39% on Monday, but remained close to levels not seen in a year. Treasuries have been rallying since the end of January amid inflationary concerns arising from strong economic activity and further fiscal stimulus. The gap between 5 and 30-year yields touched the highest level in more than six years on Monday, also reflecting investor expectations of a strong economic recovery. Still, Fed officials recently reiterated inflation is expected to move up and that they were still prepared to keep their easy monetary policy on track while full growth would take some time.2021-02-24T12:16:00"
Lowe's Companies earnings at 1.33 USD,Earnings,"Lowe's Companies earnings at 1.33 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 1.33 USD, compared to market expectations of 1.20 USD.2021-02-24T11:14:37.187"
US 10-Year Treasury Yield Falls for 2nd Day,Government Bond 10Y,"US 10-Year Treasury Yield Falls for 2nd DayUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury retreated for the 2nd consecutive session to 1.36% on Wednesday, after touching 1.39% on Monday, but remained close to levels not seen in a year. Treasuries have been rallying since the end of January amid inflationary concerns arising from strong economic activity and further fiscal stimulus. The gap between 5 and 30-year yields touched the highest level in more than six years on Monday, also reflecting investor expectations of a strong economic recovery. Still, Fed officials recently reiterated inflation is expected to move up and that they were still prepared to keep their easy monetary policy on track while full growth would take some time.2021-02-24T09:15:00"
US Stocks Set to Lower Open,Stock Market,"US Stocks Set to Lower OpenUnited States Stock MarketUS stock futures traded markedly lower on Wednesday, as concerns over rising bond yields and a potential surge in inflation lingered. Meantime, in testimony to the US Senate Banking Committee, Federal Reserve Chair Jerome Powell said that the economy remained far away from employment and inflation target that rates would stay low and bond-buying proceed will stay until there was substantial further progress. In business news, Wells Fargo said Tuesday it had agreed to sell its asset management business to private equity firms GTCR LLC and Reverence Capital Partners for $2.1 billion. On Tuesday, the Dow Jones rose 15 points or 0.1% to 31,536 and the S&P 500 gained 5 points or 0.1% to 3,881. In contrast, the Nasdaq fell 68 points or 0.5% to 13,465.2021-02-24T06:50:00"
API: US Crude Oil Inventories Unexpectedly Rise,API Crude Oil Stock Change,"API: US Crude Oil Inventories Unexpectedly RiseUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 1.026 million barrels in the week ended February 19th, 2021, after a 5.782 million drop in the previous week and compared with market expectations of a 5.372 million fall, data from the American Petroleum Institute showed.2021-02-23T21:39:00"
Intuit earnings at 0.68 USD,Earnings,"Intuit earnings at 0.68 USDUnited States EarningsIntuit (INTU) released earnings per share at 0.68 USD, compared to market expectations of 0.99 USD.2021-02-23T21:05:27.42"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 316542021-02-23T20:37:41.983
US 10-Year Treasury Yield Little Changed at 1-Year High,Government Bond 10Y,"US 10-Year Treasury Yield Little Changed at 1-Year HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury retreated slightly to 1.34% on Tuesday, after touching 1.39% in the previous session, but remained close to levels not seen in a year. Treasuries have been rallying since the end of January amid inflationary concerns arising from strong economic activity and further fiscal stimulus. The gap between 5 and 30-year yields touched the highest level in more than six years on Monday, also reflecting investor expectations of a strong economic recovery. Still, Fed officials recently reiterated inflation is expected to move up and that they were still prepared to keep their easy monetary policy on track while full growth would take some time.2021-02-23T16:00:00"
US Richmond Fed Manufacturing Index Steady at 7-Month Low,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Steady at 7-Month LowUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia held steady at 14 in February of 2021. It remained the lowest reading since July, but the activity remained in expansionary territory, as did all three of its component indexes: shipments (12 vs 10), new orders (10 vs 12), and employment (22 vs 23). Manufacturers were optimistic that conditions would improve in the coming months. 2021-02-23T15:07:00"
NASDAQ 100 Hits 5-week Low,Stock Market,NASDAQ 100 Hits 5-week LowUnited States Stock MarketNASDAQ 100 decreased to a 5-week low of 128422021-02-23T14:43:58.593
US House Prices Rise 1.1% in December: FHFA,FHFA House Price Index MoM,"US House Prices Rise 1.1% in December: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 1.1 percent from a month earlier in December 2020, following a 1.0 percent rise in November. For the nine census divisions, house price changes ranged from +0.8 percent in both the West North Central and South Atlantic divisions to +1.7 percent in the East South Central division. Year-on-year, house prices rose 11.4 percent in December. Considering the fourth quarter as a whole, house prices were up 3.8 percent quarter-on-quarter and 10.8 percent year-on-year, the largest increase on record. “Low mortgage rates, pent up demand from homebuyers, and a limited housing supply propelled every region of the country to experience faster growth in 2020 compared to a year ago despite the pandemic."",  said Dr. Lynn Fisher, Deputy Director of FHFA’s Division of Research and Statistics. 2021-02-23T14:10:52.02"
Home Depot earnings at 2.65 USD,Earnings,"Home Depot earnings at 2.65 USDUnited States EarningsHome Depot (HD) released earnings per share at 2.65 USD, compared to market expectations of 2.61 USD.2021-02-23T11:15:41.803"
US Stocks Set to Higher Open,Stock Market,"US Stocks Set to Higher OpenUnited States Stock MarketUS stock futures rose markedly on Tuesday as market participants cheered reports that the $1.9 trillion COVID-19 relief bill in the US may be passed in the House of Representatives later this week. Risk appetite was also buoyed by reports that fatalities from coronavirus in the country fell for the third straight week last week, with cases and hospitalizations both falling. Meantime, Pfizer reportedly expects to deliver over 13 million doses of virus vaccine per week to the US by the middle of March. Traders now await a key testimony from Fed Chairman Jerome Powell on the economy before the Senate Banking Committee later in the day. On Monday, the Dow Jones rose 27 points or 0.1% to 31,522. In contrast, the S&P 500 shed 30 points or 0.8% to 3,877, and the Nasdaq plunged 341 points or 2.5% to 13,533.2021-02-23T06:28:00"
Dollar Remains Under Heavy Selling Pressure,Currency,"Dollar Remains Under Heavy Selling PressureUnited States CurrencyThe dollar index remained under pressure on Wednesday, hovering around the 90 mark, as higher US Treasury yields failed to offer lasting support. In the absence of significant fundamental drivers, firming expectations for a massive US fiscal spending and a dovish Fed drove flows away from the greenback. On top of that, a large budget and current account deficits have made the US currency an increasingly unattractive investment. Biden and his Democrat-controlled Congress are due to roll out massive spending plans that include extra $1,400 checks for most Americans. 2021-02-22T20:01:00"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 316482021-02-22T19:26:55.45
Dollar Hits 1-Month Low,currency,"Dollar Hits 1-Month LowUnited States currencyThe dollar index touched a four-week low of 90.08 on Monday as Treasury yields continue to soar amid expectations of high inflation while traders await a raft of economic data to assess the strength of the US economic recovery from the coronavirus-driven economic slump. A disappointing jobless claims report released last week sent a gloomy signal that the labor market continues to struggle to gain traction in 2021. Aside from how the US recovery is faring, investors await developments over another round of coronavirus-related fiscal stimulus in Washington. Biden and his Democrat-controlled Congress are due to roll out massive spending plans that include extra $1,400 checks for most Americans.2021-02-22T15:13:00"
Bitcoin Slips by Over 10% from Record Highs,Currency,"Bitcoin Slips by Over 10% from Record HighsUnited States CurrencyBitcoin fell more than 10% to below $50,000 on Monday on overvaluation concerns. Elon Musk tweeted on Saturday that prices seem high and JPMorgan Chase & Co warned about declining liquidity in the market, meaning even small flows can have a large price impact. Bitcoin rose to above $58,000 for the first time on Sunday, driven by Tesla, BNY Mellon and Mastercard’s announcements of greater acceptance of cryptocurrencies. The digital currency is still up 70% so far this year, buoyed by institutional buying and its appeal as a hedge against potential inflation resulting from the massive central bank and government stimulus measures.2021-02-22T14:24:00"
Dollar Fails to Hold Gains,Currency,"Dollar Fails to Hold GainsUnited States CurrencyThe dollar index traded nearly flat at 90.3 on Monday as Treasury yields continue to soar amid expectations of high inflation while traders await a raft of economic data to assess the strength of the US economic recovery from the coronavirus-driven economic slump. Last week wrapped up with a disappointing jobless claims report, sending a gloomy signal that the labour market continues to struggle to gain traction in 2021. Aside from how the US recovery is faring, investors await developments over another round of coronavirus-related fiscal stimulus in Washington. Biden and his Democrat-controlled Congress are due to roll out massive spending plans that include extra $1,400 checks for most Americans.2021-02-22T11:03:08.843"
US Futures Start the Week in the Red,Stock Market,"US Futures Start the Week in the RedUnited States Stock MarketStock futures in the US started the week in the red, with contracts on the Dow Jones falling more than 150 points, amid concerns over rising bond yields. The benchmark 10-year note continues to break fresh 1-year highs and the gap between 5 and 30-year yields touched the highest level in more than five years. Traders worry that high bond yields could hurt companies more reliant on easy-borrowing and lead to less favorable valuation models for some hot technology shares. Meanwhile, the House is on track to pass President Joe Biden’s $1.9 trillion coronavirus package by the end of this week and the Senate is expected to vote next week. Last week, the Dow Jones rose 0.2%, while the S&P 500 lost 0.7% and the Nasdaq shed 1.6%.2021-02-22T09:48:00"
Dollar Recovers as Treasury Yields Soar,Currency,"Dollar Recovers as Treasury Yields SoarUnited States CurrencyThe dollar index rebounded to 90.5 on Monday amid a general deterioration in investors' risk appetite and as Treasury yields continue to soar amid expectations of high inflation. Meanwhile, traders await a raft of economic data to assess the strength of the US economic recovery from the coronavirus-driven economic slump. Last week wrapped up with a disappointing jobless claims report, sending a gloomy signal that the labour market continues to struggle to gain traction in 2021. Aside from how the US recovery is faring, investors await developments over another round of coronavirus-related fiscal stimulus in Washington. Biden and his Democrat-controlled Congress are due to roll out massive spending plans that include extra $1,400 checks for most Americans.2021-02-22T09:02:30.273"
US Stock Futures Mostly Lower,Stock Market,"US Stock Futures Mostly Lower United States Stock MarketUS stock futures tracking the broader market fell on Sunday night, as investors adopted a more cautious stance amid rising US Treasury yields. While higher rates benefit shares of financial companies, they put more strain on firms’ finances, hitting other sectors such as real estate, utilities and consumer staples. On top of that, disappointing jobless claims data last week sent a gloomy signal that the labour market continues to struggle to gain traction in 2021. Still, a decline in new coronavirus infections, along with a dovish Fed and stimulus hopes, should intensify the rotation into value stocks. Last week, the Dow Jones climbed 0.2%, whereas the S&P 500 lost 0.7% and the Nasdaq lost 1.6%.2021-02-22T03:31:15.553"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under PressureUnited States CurrencyThe dollar index bottomed around 90.30 on Monday, as investors await a raft of economic data to assess the strength of the US economic recovery from the coronavirus-driven economic slump. Last week wrapped up with a disappointing jobless claims report, sending a gloomy signal that the labour market continues to struggle to gain traction in 2021.  Adding to the bearish tone, minutes of last month's FOMC meeting showed a consensus that the central bank will be keeping policy loose for the foreseeable future. Aside from how the US recovery is faring, investors await developments over another round of coronavirus-related fiscal stimulus in Washington. Biden and his Democrat-controlled Congress are due to roll out massive spending plans that include extra $1,400 checks for most Americans. 2021-02-21T23:50:00"
US Composite PMI Hits 6-Year High,Composite PMI,"US Composite PMI Hits 6-Year HighUnited States Composite PMIThe IHS Markit US Composite PMI edged up to 58.8 in February 2021, from 58.7 in the previous month, signaling the sharpest pace of expansion in the private sector activity since March 2015, a preliminary estimate showed. Service sector output expanded by the most in almost three years, while manufacturing production growth moderated, but remained among the highest seen over the past decade. Overall backlogs of work increased again, while the pace of job creation remained relatively muted. On the price front, input costs rose the most since data collection began in 2009 as demand outstripped supply. As a result, firms raised their selling prices at the sharpest rate on record due to the partial pass-through of greater costs to clients. Finally, business confidence remained upbeat and among the brightest seen over the past two years, albeit down from recent highs.2021-02-19T15:00:13.84"
US Services Sector Growth at Near 6-Year High,Services PMI,"US Services Sector Growth at Near 6-Year HighUnited States Services PMIThe IHS Markit US Services PMI rose to 58.9 in February 2021, from 58.3 in the previous month and above market expectations of 57.6, a preliminary estimate showed. The latest reading pointed to the strongest expansion in the service sector since March 2015, as new business growth picked up to a three-month high despite a decline in new export orders. Meanwhile, employment rose only marginally, amid efforts to control outgoings. Pressure on capacity was evident nonetheless, as backlogs of work rose modestly. On the price front, cost burdens increased by the most since data collection began in October 2009, while output charge inflation was the second-highest on record. Finally, ongoing COVID-19 restrictions led to hesitancy regarding the year-ahead outlook, as service providers registered softer output expectations.2021-02-19T14:52:00"
Deere & Company earnings at 3.87 USD,Earnings,"Deere & Company earnings at 3.87 USDUnited States EarningsDeere & Company (DE) released earnings per share at 3.87 USD, compared to market expectations of 2.12 USD.2021-02-19T12:18:57.51"
Dollar Falls to Near 4-Weeks Low,Currency,"Dollar Falls to Near 4-Weeks LowUnited States CurrencyThe dollar index retreated for a second session to 90.3 on Friday, the lowest in almost 4 weeks, amid mounting concerns over the strength of the US economic recovery. Initial claims unexpectedly rose to a 4-week high of 861K in the latest week. For the week, the dollar is now back to more or less break-even.2021-02-19T09:55:00"
US 10-Year Treasury Yield Hovers at 1-Year High,Government Bond 10Y,"US 10-Year Treasury Yield Hovers at 1-Year HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note remained around 1.3% on Friday, close to near 1-year high of 1.33% touched on Wednesday. Treasury yields rallied this week amid inflationary concerns arising from strong economic activity and further fiscal stimulus, which means more debt and more Treasury issuance to pay for it. Still, Fed officials recently reiterated inflation is expected to move up and that they were still prepared to keep their easy monetary policy on track.2021-02-19T09:23:00"
US Stocks Set to Open in the Red,Stock Market,"US Stocks Set to Open in the RedUnited States Stock MarketUS stock futures traded slightly lower on Friday, as traders were cautious about the pace of the country's economic recovery from the COVID-19 after data showed weekly initial jobless claims unexpectedly rose in the latest week. In addition, market participants continued to eye the risks of higher inflation as the US benchmark 10-year yield rose steadily, hitting its highest in nearly a year Wednesday. In business news, President Joe Biden reportedly will visit the Pfizer manufacturing plant in Michigan later in the day. Meanwhile, Facebook's WhatsApp said on Thursday it will go ahead with its controversial privacy policy update but will allow users to read it at their own pace. Regarding cold weather, leaders in Texas warned that the state's energy grid would remain extremely fragile for a few days.  On Thursday the Dow Jones fell 120 points or 0.4% to 31,493. The S&P 500 lost 17 points or 0.4% to 3,914. The Nasdaq shed 100 points or 0.7% to 13,865.2021-02-19T06:49:00"
Dollar Set for Small Weekly Gain,Currency,"Dollar Set for Small Weekly Gain United States CurrencyThe dollar index gained some ground on Friday, consolidating above the 90.60 region and on track for a small weekly gain as higher US Treasury yields drove investors to the greenback. Still, signs of a struggling job market along with a dovish stance from the Federal Reserve capped much of the upside momentum. On top of that, prospects of an economic recovery fueled by large stimulus packages globally and a gradual rollout of vaccines spooked traders away from the safe-haven assets. Next week, aside from stimulus headlines, the focus will be on how the US recovery is doing. 2021-02-19T02:53:00"
Applied Materials earnings at 1.39 USD,Earnings,"Applied Materials earnings at 1.39 USDUnited States EarningsApplied Materials (AMAT) released earnings per share at 1.39 USD, compared to market expectations of 1.28 USD.2021-02-18T21:05:07.303"
US Crude Inventories Drop for 4th Straight Week,Crude Oil Stocks Change,"US Crude Inventories Drop for 4th Straight WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 7.258 million barrels in the week ended February 12th, 2021, a fourth consecutive week of decline and compared to market forecasts of a 2.429 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories increased by 0.672 million barrels, while markets had forecast a larger 1.397 million advance.2021-02-18T16:02:00"
Newmont Mining earnings at 1.06 USD,Earnings,"Newmont Mining earnings at 1.06 USDUnited States EarningsNewmont Mining (NEM) released earnings per share at 1.06 USD, compared to market expectations of 0.95 USD.2021-02-18T15:08:50.653"
Waste Management earnings at 1.13 USD,Earnings,"Waste Management earnings at 1.13 USDUnited States EarningsWaste Management (WM) released earnings per share at 1.13 USD, compared to market expectations of 1.07 USD.2021-02-18T15:07:42.873"
Dollar Loses Further Ground,Currency,"Dollar Loses Further Ground United States CurrencyThe dollar depreciated on Thursday to trade around 90.5 and moving away from 1-week high of 91 reached yesterday following disappointing claims report. Signs of a struggling job market came after minutes of last month's FOMC meeting showed a consensus that the central bank will be keeping policy loose for the foreseeable future. On top of that, prospects of an economic recovery fueled by large stimulus packages globally and a gradual rollout of vaccines are pushing investors away from the safe-haven assets.

2021-02-18T13:58:00"
US 10-Year Treasury Yield Hovers at 1-Year High,Government Bond 10Y,"US 10-Year Treasury Yield Hovers at 1-Year HighUnited States Government Bond 10YThe yield on the benchmark US 10-year Treasury note remained around 1.3% on Thursday, close to near 1-year high of 1.33% touched in the previous session. Treasury yields rallied this week amid inflationary concerns arising from strong economic activity and further fiscal stimulus, which means more debt and more Treasury issuance to pay for it. Still, Fed officials recently reiterated inflation is expected to move up and that they were still prepared to keep their easy monetary policy on track.2021-02-18T13:47:00"
Philadelphia Manufacturing Growth Slows Less than Expected,Philadelphia Fed Manufacturing Index,"Philadelphia Manufacturing Growth Slows Less than ExpectedUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US decreased to 23.1 in February of 2021 from 26.5 in January but above market expectations of 20. The survey’s current indicators for general activity, new orders, and shipments declined from January’s readings but remained elevated. Additionally, employment increases were more widespread this month. Most future indexes moderated this month but continue to indicate that firms expect growth over the next six months. 2021-02-18T13:42:00"
US Import Prices Rise the Most Since 2012,Import Prices MoM,"US Import Prices Rise the Most Since 2012 United States Import Prices MoMImport prices in the US jumped 1.4 percent month-over-month in January of 2021, following a revised 1.0 percent rise in December and above market forecasts of 1.0 percent. It was the biggest increase since March of 2012, mainly due to an increase in both fuel and nonfuel prices. Year-on-year, import prices advanced 0.9 percent, the first yearly gain since January of 2020 and the largest since October of 2017, following a 0.3 percent drop in the prior month. 2021-02-18T13:37:00"
US Export Prices Rise the Most Since 2018,Export Prices MoM,"US Export Prices Rise the Most Since 2018United States Export Prices MoMExport prices in the US advanced 2.5 percent from a month earlier in January of 2021, the most since October of 2018, following a 1.3 percent increase in December and above market expectations of 0.7 percent. It was the eighth straight monthly rise in export prices, with higher agricultural and nonagricultural prices being the main driver for the January increase. Year-on-year, export prices went up 2.3 percent, the largest increase since October of 2018, following a revised 0.4 percent gain in prior month. 2021-02-18T13:35:00"
Walmart earnings at 1.39 USD,Earnings,"Walmart earnings at 1.39 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.39 USD, compared to market expectations of 1.51 USD.2021-02-18T12:05:28.067"
Southern Co. earnings at 0.47 USD,Earnings,"Southern Co. earnings at 0.47 USDUnited States EarningsSouthern Co. (SO) released earnings per share at 0.47 USD, compared to market expectations of 0.42 USD.2021-02-18T11:13:01.787"
US Initial Jobless Claims Seen Falling to 765K,Initial Jobless Claims,"US Initial Jobless Claims Seen Falling to 765KUnited States Initial Jobless ClaimsInitial jobless claims are seen dropping to 765 thousand in the week ended January 13th, from the previous period's one-month low of 793 thousand. Still, claims will probably remain well above pre-pandemic levels for some time due to a slowdown in the labor market recovery and a lack of fiscal support. Continuing claims are forecast to drop to 4.41 million in the February 6th week, remaining well above 1.7 million recorded before COVID-19 effects started to be felt back in March 2020.2021-02-18T09:42:01.097"
US 10-Year Treasury Yield Retreats to 1.28%,Government Bond 10Y,"US 10-Year Treasury Yield Retreats to 1.28%United States Government Bond 10YThe yield on the benchmark US 10-year Treasury note declined to 1.28% on Thursday retreating almost 1 year high of 1.33% touched in the previous session. Treasury yields rallied this week amid inflationary concerns arising from strong economic activity and further fiscal stimulus, which means more debt and more Treasury issuance to pay for it. Still, Fed officials recently reiterated inflation is expected to move up and that they were still prepared to keep their easy monetary policy on track.2021-02-18T08:33:00"
API: US Crude Stocks Fall More Than Expected,API Crude Oil Stock Change,"API: US Crude Stocks Fall More Than ExpectedUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 5.8 million barrels in the week ended February 12th, 2020, following a 5.4 million draw in the previous week, and compared with market expectations of a 2.2 million drop, data from the American Petroleum Institute showed.2021-02-17T21:48:07.46"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 316092021-02-17T19:58:39.653
Dollar Steady Despite Dovish Fed Stance,Currency,"Dollar Steady Despite Dovish Fed Stance  United States CurrencyThe dollar index held steady near 91.00 on Thursday, barely reacting to another dovish stance from the Fed, with minutes of last month's FOMC meeting showing a consensus that the central bank will be keeping policy loose for the foreseeable future. The dollar's strength came from upbeat US retail sales while rising real yields continued to favour bullish traders. Still, signs of an economic recovery fueled by large stimulus packages globally and a gradual rollout of vaccines capped further upside momentum.2021-02-17T19:35:00"
US Business Inventories Rise More than Forecast,Business Inventories,"US Business Inventories Rise More than ForecastUnited States Business InventoriesManufacturers’ and trade inventories in the US rose by 0.6 percent from a month earlier in December 2020, following a 0.5 percent growth in November and beating market expectations of 0.5 percent. Stocks increased at retailers (1.2 percent vs 0.7 percent), and manufacturers (0.3 percent vs 0.8 percent) and  merchant wholesalers (0.3 percent vs 0.0 percent).2021-02-17T15:06:09.577"
US Industrial Output Growth Beats Expectations,Industrial Production Mom,"US Industrial Output Growth Beats ExpectationsUnited States Industrial Production MomIndustrial production in the United States increased 0.9 percent from a month earlier in January 2021, following a downwardly revised 1.3 percent growth in December and beating market expectations of a 0.5 percent increase. Manufacturing output rose 1.0 percent, about the same as its average gain over the previous five months. Mining production advanced 2.3 percent, while the output of utilities declined 1.2 percent.2021-02-17T14:17:00"
Dollar Gains on US Retail Trade Report,Currency,"Dollar Gains on US Retail Trade ReportUnited States CurrencyThe dollar index rallied to above 91 on Wednesday, making a dramatic reversal after testing a key support level at 90.10 in the previous session, after economic data showed the US retail trade rose 5.3% in January, recovering from three consecutive months of falls and easily beating market expectations. Also, rising real yields made the greenback a more attractive investment relative to other currencies. Still, signs of an economic recovery, fueled by large stimulus packages globally and a gradual rollout of vaccines continued to cap the upside in the USD.2021-02-17T13:47:00"
Analog Devices earnings at 1.44 USD,Earnings,"Analog Devices earnings at 1.44 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 1.44 USD, compared to market expectations of 1.32 USD.2021-02-17T13:17:14.303"
US Mortgage Applications Drop for 2nd Week in a Row,Mortgage Applications,"US Mortgage Applications Drop for 2nd Week in a RowUnited States Mortgage ApplicationsMortgage applications in the United States fell 5.1 percent in the week ended February 12th, a second consecutive week of decline, data from the Mortgage Bankers Association showed. Applications to refinance a home loan dropped 4.7 percent, but were up 51 percent year-on-year; while those to purchase a home were down 6.1 percent, but were 15 percent higher than the previous year. The average fixed 30-year mortgage rate increased 2 basis point to 2.98 percent last week, but was down 79 basis points compared with a year ago.2021-02-17T12:09:00"
US Stock Futures Point to Flat Opening,Stock Market,"US Stock Futures Point to Flat OpeningUnited States Stock MarketUS stock futures were little changed on Wednesday, as traders weighed the prospects of large COVID-19 relief plans from Washington, the impact of rising US treasury bond yield on their risk assets, and a historic adverse weather in the US Southeast. On the pandemic front, both new infections in the country and the number of people hospitalized fell for the fifth week in a row, but several new virus variants might emerge, according to health experts. In business news, Berkshire Hathaway announced Tuesday its two major new investments: an $8.6 billion stake in Verizon Communications and a $4.1 billion stake in Chevron. Meantime, Kraft Heinz and Conagra Brands said they may raise prices this year on some products that use wheat, sugar, and other commodities that are becoming expensive due to high demand. On Tuesday, the Dow Jones added 64 points or 0.2% to 31,522. In contrast, the S&P 500 lost 2 points or 0.1% to 3,933, while the Nasdaq shed 48 points or 0.3% to 14,048.2021-02-17T06:13:00"
Dollar Rebounds Gains Momentum,Currency,"Dollar Rebounds Gains Momentum United States CurrencyThe dollar index rallied to weekly tops at 90.80 on Wednesday, making a dramatic reversal after testing a key support level at 90.10 in the previous session. The rebound from an almost three-week low was backed by rising real yields, which, in turn, made the greenback a more attractive investment relative to other currencies. Still, signs of an economic recovery, fueled by large stimulus packages globally and a gradual rollout of vaccines continued to cap the upside in the USD. 2021-02-17T01:20:00"
US Stocks Close Mixed,Stock Market,"US Stocks Close MixedUnited States Stock MarketWall Street closed little changed on Tuesday following a long weekend, as rising bond yields and weather disruptions kept sentiment in check. On Tuesday, the 10-year Treasury yield rose above 1.30% for the first time since February. Meanwhile, energy stocks outperformed after a deep freeze in the South sparked higher oil prices, with WTI crude above $60 a barrel for the first time in over a year. Furthermore, the Cboe Volatility Index went below 20 since February 2020 to later settle above 21, while Bitcoin surged above $50,000 for the first time. The Dow Jones added 64 points or 0.2% to 31,522. In contrast, the S&P 500 lost 2 points or 0.1% to 3933, while the Nasdaq shed 48 points or 0.3% to 14,048. 2021-02-16T21:05:00"
US Treasury Yield Hits Highest Since February,Government Bond 10Y,"US Treasury Yield Hits Highest Since FebruaryUnited States Government Bond 10YBenchmark 10-year US Treasury yields climbed above 1.29% for the first time since February amid firming expectations for a massive US fiscal spending along with a broader US economic recovery as vaccination drives gather pace. While more government spending will shore up growth, it means more debt and more Treasury issuance to pay for it, which, together with rising energy costs, increased investors’ expectations for higher inflation. 2021-02-16T18:17:37.573"
US Stocks Pare Gains,Stock Market,"US Stocks Pare GainsUnited States Stock MarketAll three main stock indexes in the US touched fresh records on Tuesday, before paring most of their gains, as soaring US Treasury yields weighed on sentiment. While higher yields benefit shares of financial companies, they put more strain on firms’ finances, hitting other sectors such as real estate, utilities and consumer staples. Meanwhile, House Democrats refocused on President Joe Biden's $1.9 trillion stimulus plan, aiming to vote it next week before main benefits from the last round of pandemic aid expire in early March. Meanwhile, earnings reports from hotels, cruise lines and other businesses hit hard by the pandemic including Norwegian Cruise Lines, Marriott and TripAdvisor are due this week. 2021-02-16T16:54:00"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 315842021-02-16T14:31:02.913
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 39472021-02-16T14:31:01.243
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 138402021-02-16T14:31:00.917
US Stocks Hit Fresh Records,Stock Market,"US Stocks Hit Fresh RecordsUnited States Stock MarketWall Street started a holiday-shortened trading week in the green, with all 3 main stock indexes reaching new records as investors remain optimistic about the global economic recovery supported by Covid-19 vaccine rollout and fiscal stimulus. House Democrats are set to refocus on the $1.9 trillion stimulus plan as benefits from the last round of pandemic aid expire on March 14th. The House Budget Committee is expected to assemble all the legislatives pieces into one bill and prepare for a vote next week. Meanwhile, earnings reports from hotels, cruise lines and other businesses hit hard by the pandemic including Norwegian Cruise Lines, Marriott and TripAdvisor are due this week. Investors also await FOMC minutes released on Wednesday for any updates on the Fed's monetary policy.2021-02-16T14:31:00"
Ecolab earnings at 1.23 USD,Earnings,"Ecolab earnings at 1.23 USDUnited States EarningsEcolab (ECL) released earnings per share at 1.23 USD, compared to market expectations of 1.23 USD.2021-02-16T13:46:36.89"
Zoetis earnings at 0.91 USD,Earnings,"Zoetis earnings at 0.91 USDUnited States EarningsZoetis (ZTS) released earnings per share at 0.91 USD, compared to market expectations of 0.86 USD.2021-02-16T12:19:09.737"
CVS Health earnings at 1.30 USD,Earnings,"CVS Health earnings at 1.30 USDUnited States EarningsCVS Health (CVS) released earnings per share at 1.30 USD, compared to market expectations of 1.24 USD.2021-02-16T12:19:04.977"
US Stocks Set to Kick Off the Week in the Green,Stock Market,"US Stocks Set to Kick Off the Week in the GreenUnited States Stock MarketUS futures traded higher on Tuesday, suggesting that major stock indexes will continue the rally from the previous week. Investors return from the extended weekend and remain optimistic about the global economic recovery, the Covid-19 vaccine rollout, and more fiscal stimulus. Meanwhile on the earnings front, reports from hotels, cruise lines and other businesses hit hard by the pandemic including Norwegian Cruise Lines, Marriott and TripAdvisor are due this week. Investors also await FOMC minutes released on Wednesday for any updates on the Fed's monetary policy decision. 2021-02-16T09:33:00"
US Stock Futures Point to Higher Open,Stock Market,"US Stock Futures Point to Higher OpenUnited States Stock MarketUS stock futures traded sharply higher on Tuesday, lifted by reports that the US has administered nearly 53 million doses of COVID-19 vaccines as of Sunday and delivered about 70 million doses. Meantime, President Joe Biden reportedly will hold his first event with other leaders from the G-7 nations in a virtual meeting on Friday to discuss the pandemic and to recommit the US to multilateral engagement, including joining the COVAX global vaccine initiative. Traders are anticipating this week's earnings reports from hotels, cruise lines, and other businesses that have been hit hard by the pandemic for indications of which companies could be the first to recover when a health crisis recedes. On Monday, the US stock market was closed for Presidents Day. 2021-02-16T07:07:00"
Dollar Weakness Persists,Currency,"Dollar Weakness Persists United States CurrencyThe US dollar struggled to find much upside momentum so far this week, keeping depressed in the 90.50 neighbourhood as money continued to flow into riskier currencies amid optimism about vaccines and the renewed focus on US fiscal stimulus. Progress on a massive pandemic-relief package with markets expecting the price tag to be somewhere between $1.3T and Biden’s $1.9T proposal favoured bearish traders, primarily because it has eroded dollar’s safe-haven appeal. On top of that, the risks posed by record-high debt levels put further pressure on the greenback. Still, these same prospects of a large additional injection of economic stimulus from the Biden administration pushed longer-term Treasury yields to levels not seen since February, which, seems to be directly linked to the dollar’s strength seen earlier this year.2021-02-15T22:49:00"
US Stock Futures Hit Records at Start of Week,Stock Market,"US Stock Futures Hit Records at Start of WeekUnited States Stock MarketUS financial markets were closed on Monday in observance of Presidents Day. Still, the futures extended the rally to touch new records after reports that US President Joe Biden will hold his first event with other leaders from the G-7 nations in a virtual meeting on Friday to discuss the COVID-19 pandemic and to recommit the US to multilateral engagement, including joining the COVAX global vaccine initiative. At the same time, investors hope for a global economic recovery as more people are vaccinated and as Biden's $1.9 trillion stimulus is likely to be approved by Congress. Meanwhile, it was reported that chief executive officers of Robinhood, Citadel, Melvin Capital, and Reddit will testify before the House Financial Services Committee later in the week on the trading turmoil in GameStop Corp and other stocks. Last week, the Dow Jones added 1% to 31,458. The S&P 500 gained 1.2% to 3,935 and the Nasdaq surged 1.7% to 14,096.2021-02-15T06:12:00"
US Stock Futures Gain,Stock Market,"US Stock Futures GainUnited States Stock MarketUS stock index futures rose on Sunday night, as the distribution of vaccines and further stimulus will allow more businesses to reopen. President Joe Biden said his administration purchased another 200 million doses of COVID-19 vaccine from Moderna and Pfizer, while progress on a massive pandemic-relief package kept sentiment elevated. Given the above and the fact that the Fed would keep monetary policy extremely easy for the foreseeable future, a wave of buying that began eleven months ago shows no sign of abating. Still, this tremendous bull run sparked concerns among market veterans over a bubble to rival anything seen in the past century. 2021-02-15T02:25:00"
Dollar Index Struggles to Find Momentum,Currency,"Dollar Index Struggles to Find MomentumUnited States CurrencyThe dollar index bottomed around 90.30 on Monday, as money continued to flow into riskier currencies amid prospects of a robust economic recovery. In the absence of significant fundamental drivers, hopes for more government spending and the gradual rollout of vaccines worldwide seems to be making it difficult for the greenback to attract investors. Given the above and the fact that the Fed would keep monetary policy extremely easy for the foreseeable future, any uptrend in the dollar should be temporary.  2021-02-14T23:27:00"
Dow Jones CFD hits All-time High,Stock Market,Dow Jones CFD hits All-time HighUnited States Stock MarketDow Jones CFD increased to an all-time high of 315452021-02-14T23:18:07.583
NASDAQ 100 CFD hits All-time High,Stock Market,NASDAQ 100 CFD hits All-time HighUnited States Stock MarketNASDAQ 100 CFD increased to an all-time high of 138292021-02-14T22:41:58.067
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 39422021-02-14T22:00:30.003
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 39392021-02-12T21:05:36.76
NASDAQ 100 CFD hits All-time High,Stock Market,NASDAQ 100 CFD hits All-time HighUnited States Stock MarketNASDAQ 100 CFD increased to an all-time high of 138142021-02-12T20:59:31.587
Dominion Resources earnings at 0.81 USD,Earnings,"Dominion Resources earnings at 0.81 USDUnited States EarningsDominion Resources (D) released earnings per share at 0.81 USD, compared to market expectations of 0.83 USD.2021-02-12T13:08:11.067"
Moody's earnings at 1.91 USD,Earnings,"Moody's earnings at 1.91 USDUnited States EarningsMoody's (MCO) released earnings per share at 1.91 USD, compared to market expectations of 1.94 USD.2021-02-12T12:24:20.443"
US Stocks Pause the Rally,Stock Market,"US Stocks Pause the RallyUnited States Stock MarketWall Street paused the rally on Friday after both the Nasdaq and the S&P 500 booked fresh records the day before amid mixed signals on the coronavirus front and lack of new data to access the strength of the economic recovery. The vaccines continue to be distributed but the appearance of new more contiguous variants of the virus threatens the progress. On the corporate front, earnings from Disney beat forecasts and the company also posted strong growth in paid streaming subscribers. About 72% of companies in the S&P 500 have reported earnings results so far and more than 80% posted better-than-expected results, according to FactSet. On the week, all 3 main stock indexes are on track to book gains, extending February's rally. 2021-02-12T09:31:00"
Dollar Appreciates Slightly,Currency,"Dollar Appreciates Slightly United States CurrencyThe dollar index rebounded to trade slightly higher around 90.6 on Friday as investors try to assess the strength of the economic recovery. On the week, the dollar is down 0.5% so far and remains below the two-month peak of 91.60 touched last week, basking in the afterglow of disappointing claims report, tepid inflation data and concerns that trillions in extra pandemic-relief spending would inflate fiscal deficits. President Biden and his Democrat-controlled Congress are due to roll out massive spending plans that include additional $1,400 checks for most Americans and a temporary boost in unemployment benefits. 2021-02-12T08:45:00"
Digital Realty earnings at 1.61 USD,Earnings,"Digital Realty earnings at 1.61 USDUnited States EarningsDigital Realty (DLR) released earnings per share at 1.61 USD, compared to market expectations of 1.52 USD.2021-02-11T21:45:43.91"
Illumina earnings at 1.22 USD,Earnings,"Illumina earnings at 1.22 USDUnited States EarningsIllumina (ILMN) released earnings per share at 1.22 USD, compared to market expectations of 1.10 USD.2021-02-11T21:07:38.817"
Walt Disney earnings at 0.32 USD,Earnings,"Walt Disney earnings at 0.32 USDUnited States EarningsWalt Disney (DIS) released earnings per share at 0.32 USD, compared to market expectations of -0.33 USD.2021-02-11T21:07:35.897"
Kraft Heinz earnings at 0.80 USD,Earnings,"Kraft Heinz earnings at 0.80 USDUnited States EarningsKraft Heinz (KHC) released earnings per share at 0.80 USD, compared to market expectations of 0.73 USD.2021-02-11T12:33:22.447"
Duke Energy earnings at 1.03 USD,Earnings,"Duke Energy earnings at 1.03 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.03 USD, compared to market expectations of 1.03 USD.2021-02-11T12:33:19.607"
Dow Jones CFD hits All-time High,Stock Market,Dow Jones CFD hits All-time HighUnited States Stock MarketDow Jones CFD increased to an all-time high of 315132021-02-11T08:52:35.49
Uber earnings at -0.54 USD,Earnings,"Uber earnings at -0.54 USDUnited States EarningsUber (UBER) released earnings per share at -0.54 USD, compared to market expectations of -0.53 USD.2021-02-10T21:24:44.563"
Equinix earnings at 5.76 USD,Earnings,"Equinix earnings at 5.76 USDUnited States EarningsEquinix (EQIX) released earnings per share at 5.76 USD, compared to market expectations of 5.65 USD.2021-02-10T21:24:38.137"
Dollar Touches Two-Week Low,Currency,"Dollar Touches Two-Week Low United States CurrencyThe dollar index was little changed at 90.40 on Friday, as there were no fresh catalysts to drive investors. The current level marks a decline of more than 1% from a two-month peak of 91.60 touched last week, basking in the afterglow of disappointing claims report, tepid inflation data and concerns that trillions in extra pandemic-relief spending would inflate fiscal deficits. Biden and his Democrat-controlled Congress are due to roll out massive spending plans that include additional $1,400 checks for most Americans and a temporary boost in unemployment benefits. This dollar’s weakness is likely to continue well into 2021 amidst prospects of a strong recovery in the global economy and ultra-easy monetary policy.2021-02-10T18:53:00"
Wall Street Retreats from Records,Stock Market,"Wall Street Retreats from RecordsUnited States Stock MarketUS stocks fell from record levels to trade lower on Wednesday, as investors digest recent inflation data and reassess the strength of the economic recovery. Fresh data showed the inflation rate in the US rose less than expected, easing concerns that it would pick up too fast with the new fiscal stimulus but also raising questions about a slow pace of recovery. Meanwhile, earnings from Cisco, Lyft, Mattel, Twitter, Coca-Cola, Under Armour and General Motors came higher-than-expected although the vehicle manufacturer warned could cut 2021 earnings. Uber is also due to report today. Meanwhile, investors will keep a look on Fed Chair Powell speech at the Economic Club of New York webinar.2021-02-10T16:14:00"
US Crude Inventories Drop for 3rd Week,Crude Oil Stocks Change,"US Crude Inventories Drop for 3rd WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 6.644 million barrels in the week ended February 5th, 2021, a third consecutive week of declines and compared to market forecasts of a 0.985 million rise, according to the EIA Petroleum Status Report. Meantime, gasoline inventories increased by 4.259 million barrels, while markets had forecast a smaller 1.814 million advance.2021-02-10T15:48:34.567"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 23162021-02-10T14:57:46.917
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 315012021-02-10T14:30:09.03
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 137542021-02-10T14:30:05.207
Dollar Extends Losses on Lower-than-Expected Inflation Data,Currency,"Dollar Extends Losses on Lower-than-Expected Inflation DataUnited States CurrencyThe dollar index extended losses to trade around 90.3 on Wednesday after fresh data showed the inflation rate in the US rose less than expected easing concerns that it would pick up too fast with the new fiscal stimulus. The dollar index has been falling in the previous 4 sessions as investors are reassessing the strength of the US economic recovery with a disappointing US nonfarm payrolls report and concerns about rising levels of debt returning to the market. Biden and his Democrat-controlled Congress are due to roll out massive spending plans that include extra $1,400 checks for most Americans and a temporary boost in unemployment benefits. 2021-02-10T13:47:00"
CME earnings at 1.39 USD,Earnings,"CME earnings at 1.39 USDUnited States EarningsCME (CME) released earnings per share at 1.39 USD, compared to market expectations of 1.37 USD.2021-02-10T12:24:41.643"
Coca-Cola earnings at 0.47 USD,Earnings,"Coca-Cola earnings at 0.47 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.47 USD, compared to market expectations of 0.42 USD.2021-02-10T12:24:25.403"
US Futures Slightly Higher,Stock Market,"US Futures Slightly HigherUnited States Stock MarketUS futures were slightly higher on Wednesday after snapping a 6-day winning streak to end little changed the day before. Investors focus on earnings, slowing coronavirus infections and hopes more stimulus could be unveiled soon. Earnings from Cisco, Lyft, Mattel and Twitter released after the closing bell on Tuesday beat forecasts. Earnings from Coca-Cola, Under Armour and General Motors came higher-than-expected although the vehicle manufacturer warned could cut 2021 earnings. Uber is also due to report today. On the data front, inflation rate is seen edging up to 1.5% from 1.4% which would match March's reading. Investors are getting more concerned that inflation would pick up too fast due to further fiscal stimulus. Meanwhile, Fed Chair Powell will participate in a webinar at the Economic Club of New York. On Tuesday, the Dow Jones lost 10 points or less than 0.1% to 31,376. The S&P 500 fell 4 points or 0.1% to 3,911. In contrast, the Nasdaq rose 20 points or 0.1% to 14,008.2021-02-10T08:51:00"
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 39292021-02-10T07:35:23.847
Fiserv earnings at 1.30 USD,Earnings,"Fiserv earnings at 1.30 USDUnited States EarningsFiserv (FISV) released earnings per share at 1.30 USD, compared to market expectations of 1.29 USD.2021-02-09T22:07:37.81"
US Crude Stocks Fall for 3rd Straight Week,API Crude Oil Stock Change,"US Crude Stocks Fall for 3rd Straight WeekUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 3.50 million barrels in the week ended February 5th of 2021, following a 4.26 million drop in the previous week, and marking the third straight weekly decline, data from the American Petroleum Institute showed.2021-02-09T21:58:13.377"
Cisco Systems earnings at 0.79 USD,Earnings,"Cisco Systems earnings at 0.79 USDUnited States EarningsCisco Systems (CSCO) released earnings per share at 0.79 USD, compared to market expectations of 0.76 USD.2021-02-09T21:06:54"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 313912021-02-09T17:15:02.047
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 39162021-02-09T17:14:18.32
Dow and S&P Trade Lower,Stock Market,"Dow and S&P Trade LowerUnited States Stock MarketThe Dow Jones and the S&P 500 edged lower on Tuesday, after reaching another all-time high in the previous session while the Nasdaq managed to extend records. Investors continue to monitor prospects of further stimulus and hope the $1.9 trillion coronavirus-aid package could be passed soon. House Democrats unveiled the details of their coronavirus relief bill, including limiting the next round of relief payments to households earning less than $200,000 and sending $1,400 per-person payments to most households. Meanwhile, slowing coronavirus infections, hospitalizations and vaccine rollouts around the world continue to support investors' optimism. On the corporate front, earnings from DuPont beat forecasts and Twitter and Cisco are also due to report after the closing bell. On the data front, the NFIB’s survey showed small businesses became more pessimistic. The Labor Departments job openings came higher-than-expected at 6.646 million. 2021-02-09T15:24:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 22902021-02-09T15:06:41.747
US Job Openings Unexpectedly Rise in December,Job Offers,"US Job Openings Unexpectedly Rise in DecemberUnited States Job OffersThe number of job openings in the US rose by 74 thousand from the previous month to 6.646 million in December 2020, compared with market expectations of 6.5 million but remaining below its pre-pandemic level of 7 million. Job openings increased in professional and business services (+296,000), but were down in state and local government, excluding education (-65,000); arts, entertainment, and recreation (-50,000); and nondurable goods manufacturing (-30,000). The number of job openings was little changed in all four regions. Meanwhile, the number of hires declined by 396 thousand to 5.5 million, while total separations including quits, layoffs and discharges, and other separations were little changed at 5.5 million.2021-02-09T15:04:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 136982021-02-09T14:54:31.327
S&P Global Inc earnings at 2.71 USD,Earnings,"S&P Global Inc earnings at 2.71 USDUnited States EarningsS&P Global Inc (SPGI) released earnings per share at 2.71 USD, compared to market expectations of 2.54 USD.2021-02-09T12:25:20.863"
Fidelity National Information Services earnings at 1.62 USD,Earnings,"Fidelity National Information Services earnings at 1.62 USDUnited States EarningsFidelity National Information Services (FIS) released earnings per share at 1.62 USD, compared to market expectations of 1.56 USD.2021-02-09T12:25:14.467"
Centene earnings at 0.46 USD,Earnings,"Centene earnings at 0.46 USDUnited States EarningsCentene (CNC) released earnings per share at 0.46 USD, compared to market expectations of 0.47 USD.2021-02-09T11:19:23.557"
US Futures Rally Pauses,Stock Market,"US Futures Rally PausesUnited States Stock MarketUS futures were little changed on Tuesday, pausing after a rally in the previous session which saw all 3 main stock indexes reaching record highs. Investors continue to monitor prospects of further stimulus and hope the $1.9 trillion coronavirus-aid package could be passed soon. House Democrats unveiled the details of their coronavirus relief bill, including limiting the next round of relief payments to households earning less than $200,000 and sending $1,400 per-person payments to most households. Meanwhile, slowing coronavirus infections, hospitalizations and vaccine rollouts around the world continue to support investors' optimism. On the corporate front, earnings from DuPont, Twitter and Cisco are due today. On the data front, the NFIB’s survey showed small businesses became more pessimistic. The Labor Departments job openings will also be in the spotlight. 2021-02-09T09:52:00"
US Stock Futures Trade Lower,Stock Market,"US Stock Futures Trade LowerUnited States Stock MarketUS stock futures fell slightly on Tuesday, amid growing concerns that inflation would pick up too fast as governments and central banks continue massive spending and easy money policies. Meanwhile, US Treasury Secretary Janet Yellen said the country was still in a deep hole, citing the 779,000 unemployment claims filed last week. On the business side, Boeing on Monday warned the White House that requiring COVID-19 tests before traveling on US domestic passenger airline flights could pose significant economic risks. Meantime, Electronic Arts said Monday that it would buy Glu Mobile Inc for $2.4 billion. On Monday,  Wall Street extended record highs, with the Dow Jones rising for the sixth session to its best streak since August. The Dow Jones increased 237 points or 0.8% to 119,858. The S&P 500 gained 29 points or 0.7% to 3,916. The Nasdaq jumped 131 points or 1% to 13,988.


2021-02-09T07:11:00"
Dollar Faces Selling Pressure,Currency,"Dollar Faces Selling PressureUnited States CurrencyThe dollar index remained depressed near 90.50 on Wednesday, as investors paused to reassess the strength of the US economic recovery that had driven the greenback to a level not seen since December. Last week wrapped up with a disappointing US nonfarm payrolls report, and, in the absence of fresh catalysts, concerns about rising levels of debt returned to the market. Biden and his Democrat-controlled Congress are due to roll out massive spending plans that include extra $1,400 checks for most Americans and a temporary boost in unemployment benefits. And, while an increase in the federal minimum wage is unlikely, the risks posed by record-high debt levels made the dollar an increasingly unattractive investment. 2021-02-09T03:36:00"
Dow Jones Books New High as Rally Extends,Stock Market,"Dow Jones Books New High as Rally ExtendsUnited States Stock MarketWall Street closed in the green on Monday and the Dow Jones reached a fresh record and rose for the sixth session to its best streak since August, as sentiment was nudged by further stimulus COVID aid. On the macro side, the energy sector rallied more than 4% after Brent crude futures topped $60 a barrel for the first time in more than a year. On the policy front, Treasury Secretary Janet Yellen urged Congress to pass Biden’s stimulus plan, or else the economy could return to full employment until 2022. On Monday, the Congressional Budget Office (CBO) said a rise in the minimum wage to $15 an hour would lead to the loss of 1.4 million jobs by 2025, but estimates that 900 thousand people would be lifted out of poverty. The Dow Jones increased 237 points or 0.8% to 119,858. The S&P 500 gained 29 points or 0.7% to 3916. The Nasdaq added 131 points or 1% to 13,988.2021-02-08T21:03:00"
Wall Street Extends Record Run,Stock Market,"Wall Street Extends Record RunUnited States Stock MarketAll three major US benchmarks hit intraday records on Monday, building on the momentum from last week's robust performance as investors continued to bet on a swift economic recovery fueled by the rollout of vaccines and additional government spending. Adding to the chipper mood was Treasury Secretary Janet Yellen's comment on Sunday that if Congress acts fast, the US could return to full employment in 2022. Energy, industrials and financials, tied to a reviving economy, led gains in the Dow Jones and S&P 500 indexes. Meanwhile, the tech-heavy Nasdaq Composite underperformed its peers as investors dropped technology shares.  2021-02-08T19:03:54.577"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 22552021-02-08T14:52:41.593
US Stocks at Record High,Stock Market,"US Stocks at Record HighUnited States Stock MarketAll 3 main stock market indexes reached record levels on Monday extending last week's gains  on hopes the new stimulus package could be passed soon. Treasury Secretary Yellen urged for rapid approval of the $1.9 trillion plan and said the US could return to full employment in 2022 if Congress acts fast. Also, House Speaker Nancy Pelosi said on Friday the House aims to pass the bill within two weeks. Meanwhile, the earnings season continues with results from Cisco, DuPont, Twitter, Uber and Coca-Cola due during the week.2021-02-08T14:36:00"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 312942021-02-08T14:31:15.213
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 39042021-02-08T14:30:07.583
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 136762021-02-08T14:30:04.12
Dollar Steadies as Investors Await Fresh Economic Data,Currency,"Dollar Steadies as Investors Await Fresh Economic DataUnited States CurrencyThe dollar index dipped below the 91.00 level on Monday, moving away from a two-month peak of 91.60 touched last week as investors await more economic data to assess the strength of the US economic recovery after disappointing payrolls figures.  The overall outperformance of the US economy compared with its G10 peers has been a significant driver for dollar strength in the last month, and more upbeat data could mean extra upside momentum. Adding to a bullish sentiment bias were rising US treasury yields amid firming expectations for a massive US fiscal spending, which, in turn, drove buying into the greenback. Still, the medium to long-term outlook for the dollar remains bearish owing to the risks posed by record-high debt levels.2021-02-08T13:20:00"
US 30-Year Treasury Yield Climbs to 1-Year High,30 Year Bond Yield,"US 30-Year Treasury Yield Climbs to 1-Year HighUnited States 30 Year Bond YieldThe yield on the 30-year US government bond rose to as high as 2% on Monday, its highest level since February 2020, boosted by prospects of higher inflation and a quicker economic revival on the back of President Joe Biden’s $1.9 trillion stimulus plan. Democrats took their first votes in Congress on Tuesday night, to pass the proposed stimulus package without Republican support. Last August, Fed Chair Powell announced a flexible form of average inflation targeting allowing inflation to run moderately above or below the Fed’s 2% target for some time, after launching unprecedented monetary policy measures amid the Covid-19 crisis.  2021-02-08T13:10:00"
Global Payments earnings at 1.80 USD,Earnings,"Global Payments earnings at 1.80 USDUnited States EarningsGlobal Payments (GPN) released earnings per share at 1.80 USD, compared to market expectations of 1.77 USD.2021-02-08T12:18:54.58"
US Futures Hit Record Highs,Stock Market,"US Futures Hit Record HighsUnited States Stock MarketUS futures traded in fresh record territory on Monday, extending gains from last week on hopes the new stimulus package could be passed soon. Treasury Secretary Yellen urged for rapid approval of the $1.9 trillion plan and said the US could return to full employment in 2022 if Congress acts fast. House Speaker Nancy Pelosi said on Friday the House aims to pass the bill within 2 weeks. Meanwhile, the earnings season continues with results from Cisco, DuPont, Twitter, Uber and Coca-Cola due during the week. Last week, the main stock market indexes rose the most since November with the Dow Jones adding 3.9%, the S&P 500 4.7%, and the Nasdaq 6%. 2021-02-08T08:59:00"
US Stock Futures Gain,Stock Market,"US Stock Futures Gain  United States Stock MarketUS stock index futures rose on Sunday night, as Wall Street looks to build on the momentum from last week's strong performance amid upbeat earnings, fiscal stimulus expectations and a gradual rollout of vaccines. The Senate and House each passed a budget resolution last week, paving the way for President Joe Biden to pass the majority of his proposed $1.9 trillion stimulus package without Republican support. Prospects for a stimulus and vaccine-fuelled economic recovery sparked demand for value-linked stocks and other hard-hit sectors. Last week, the Dow Jones added 3.9%, the S&P 500 rose 4.7%, and the Nasdaq jumped 6%.2021-02-07T23:40:24.483"
Dollar Index Rally Pauses,Currency,"Dollar Index Rally Pauses United States CurrencyThe dollar index bottomed around 91.00 on Monday, moving away from a two-month peak of 91.60 after a disappointing US Nonfarm Payroll report cast some doubt on the strength of the nation’s economic recovery. The overall outperformance of the US economy compared with its G10 peers has been a significant driver for dollar strength in the last month, and more upbeat data could mean extra upside momentum. Adding to a bullish sentiment bias were rising US treasury yields amid firming expectations for a massive US fiscal spending, which, in turn, drove buying into the greenback. Still, the medium to long-term outlook for the dollar remains bearish owing to the risks posed by record-high debt levels.2021-02-07T23:16:00"
NASDAQ 100 CFD hits All-time High,Stock Market,NASDAQ 100 CFD hits All-time HighUnited States Stock MarketNASDAQ 100 CFD increased to an all-time high of 136432021-02-07T23:01:28.033
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 38952021-02-07T22:55:00.737
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 22242021-02-05T16:42:21.817
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 136032021-02-05T14:30:04.617
US 10Y Bond Yield Hits 46-week High,Government Bond 10Y,"US 10Y Bond Yield Hits 46-week Highunited states Government Bond 10YThe yield on the 10-year Treasury broke above 1.18% for the first time since March amid firming expectations for a massive US fiscal along with a broader economic recovery as vaccination drives gather pace. While more government spending will shore up growth, it means more debt and more Treasury issuance to pay for it, increasing investors’ expectations for higher inflation.  2021-02-05T14:06:00"
Dollar Extends Losses,Currency,"Dollar Extends LossesUnited States CurrencyThe dollar index extended losses to trade around 91.2 against a basket of currencies on Friday, after economic data showed the US economy added 49 thousand jobs in January mainly supported by government payrolls, while private employment came in well below market expectations. Still, the dollar remains close to levels not seen in 2 months and is on track to gain around 0.8% on the week, its strongest weekly gain since October amid expectations the US economy would outperform its peers. GDP managed to grow in Q4 while the Euro Area economy contracted after renewed coronavirus-induced restrictions. Still, the medium to long-term outlook for the greenback remains bearish owing to the risks posed by record-high debt levels.2021-02-05T13:52:00"
US Imports Jump to 1-Year High,Imports,"US Imports Jump to 1-Year High United States ImportsImports to the United States rose 1.5 percent from the previous month to USD 256.6 billion in December of 2020, the highest level in a year. Goods purchases advanced by USD 3.1 billion to USD 217.7 billion, led by imports of supplies and materials (USD 3.0 billion) and automotive vehicles, parts, and engines (USD 2.0 billion). Imports of services increased by USD 0.7 billion to USD 38.9 billion, boosted by travel (USD 0.5 billion) and transport (USD 0.2 billion). For 2020, imports were USD 2,810.6 billion, down USD 294.5 billion from 2019. 2021-02-05T13:37:00"
US Exports at 10-Month High,Exports,"US Exports at 10-Month HighUnited States ExportsExports from the United States increased 3.4 percent from the previous month to USD 190 billion in December of 2020, the highest level since February and the seventh straight month of rises, as global demand continued to recover from the coronavirus pandemic shock. Goods exports were up by USD 6.0 billion to USD 133.5 billion, boosted by sales of industrial supplies and materials (USD 1.8 billion), such as crude oil (USD 1.3 billion), and foods, feeds, and beverages (USD 1.4 billion). Services exports increased by USD 0.3 billion to USD 56.5 billion, led by travel (USD 0.2 billion). For 2020, exports were USD 2,131.9 billion, down USD 396.4 billion from 2019.2021-02-05T13:35:00"
US Average Hourly Earnings Rise Less than Expected,Average Hourly Earnings,"US Average Hourly Earnings Rise Less than ExpectedUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls rose by 6 cents, or 0.2 percent over the month to USD 29.96 in January of 2021, after an upwardly revised 1 percent increase in December and below market expectations of a 0.3 percent gain. Average hourly earnings of private-sector production and nonsupervisory employees were little changed at USD 25.18. The large employment fluctuations over the past several months, especially in industries with lower-paid workers, complicate the analysis of recent trends in average hourly earnings. Year-on-year, average hourly earnings have increased by 5.4 percent, the same pace as in the prior month and above market expectations of 5.1 percent. 2021-02-05T13:33:00"
Illinois Tool Works earnings at 2.02 USD,Earnings,"Illinois Tool Works earnings at 2.02 USDUnited States EarningsIllinois Tool Works (ITW) released earnings per share at 2.02 USD, compared to market expectations of 1.79 USD.2021-02-05T13:10:33.883"
Regeneron Pharmaceuticals earnings at 9.53 USD,Earnings,"Regeneron Pharmaceuticals earnings at 9.53 USDUnited States EarningsRegeneron Pharmaceuticals (REGN) released earnings per share at 9.53 USD, compared to market expectations of 8.23 USD.2021-02-05T12:06:16.68"
Estée Lauder earnings at 2.55 USD,Earnings,"Estée Lauder earnings at 2.55 USDUnited States EarningsEstée Lauder (EL) released earnings per share at 2.55 USD, compared to market expectations of 1.68 USD.2021-02-05T12:06:15.123"
US Futures Higher Ahead of Payrolls,Stock Market,"US Futures Higher Ahead of PayrollsUnited States Stock MarketUs futures were higher on Friday, with the S&P 500 and the Nasdaq extending records from the previous session, as investors focus on corporate earnings and await the January jobs report. Nonfarm payrolls are seen rising by 50K, after coming to a shuddering halt in December, adding to recent evidence that the labour market recovery is gathering pace. On the corporate front, earnings from Gilead Sciences and Ford released after the closing bell on Thursday beat forecasts. Meanwhile, the Senate passed a budget plan that would allow for passage of President Joe Biden’s $1.9 trillion COVID-19 stimulus without Republican support. Also, financial regulators ""believe the core infrastructure was resilient during high volatility and heavy trading volume"" and the SEC and Commodity Futures Trading Commission are “reviewing whether trading practices are consistent with investor protection and fair and efficient markets”, the Treasury Department said following an analysis of recent retail frenzy.2021-02-05T09:57:00"
US Jobless Rate Seen at 6.7% in January,Unemployment Rate,"US Jobless Rate Seen at 6.7% in JanuaryUnited States Unemployment RateThe US unemployment rate is seen unchanged at 6.7 percent in January 2021, adding to signs of a slowdown in the labor market recovery amid a lack of fiscal stimulus and record COVID-19 infections that prompted many US states to impose restrictive measures to respond to the outbreak. The jobless rate has slowed from an all-time high of 14.8 percent seen in April last year, but remains well above pre-pandemic levels of about 3.5 percent.2021-02-05T09:45:45.29"
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 38862021-02-05T09:34:36.183
Dollar Slightly Lower but on Track for Strong Weekly Gain,Currency,"Dollar Slightly Lower but on Track for Strong Weekly GainUnited States CurrencyThe dollar index traded slightly lower around 91.4 on Friday, as investors await the January jobs report for an update on the labour market. Job growth is seen rebounding after a surprise drop in the previous month. Still, the dollar remains close to levels not seen in 2 months and is on track to gain around 0.8% on the week, its strongest weekly gain since October amid expectations the US economy would outperform its peers. GDP managed to grow in Q4 while the Euro Area economy contracted after renewed coronavirus-induced restrictions. Still, the medium to long-term outlook for the greenback remains bearish owing to the risks posed by record-high debt levels. 2021-02-05T09:17:00"
Activision Blizzard earnings at 1.21 USD,Earnings,"Activision Blizzard earnings at 1.21 USDUnited States EarningsActivision Blizzard (ATVI) released earnings per share at 1.21 USD, compared to market expectations of 1.18 USD.2021-02-04T21:35:15.65"
Gilead Sciences earnings at 2.19 USD,Earnings,"Gilead Sciences earnings at 2.19 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 2.19 USD, compared to market expectations of 2.01 USD.2021-02-04T21:14:27.913"
"S&P 500, Nasdaq Notch Fresh Records",Stock Market,"S&P 500, Nasdaq Notch Fresh RecordsUnited States Stock MarketWall Street rose for the fourth session in a row on Thursday, with the S&P 500 and the Nasdaq Composite finishing at record closing levels, as solid economic data buoyed sentiment. On the macro side, first-time unemployment insurance claims totalled 779 thousand for the week ended January 30, below consensus estimates of 830 thousand. On the corporate side, eBay jumped more than 10% after beating both revenue and earnings estimates, while PayPal climbed more than 6% after strong quarterly results. On the stimulus side, Democrats are moving forward with Biden’s $1.9 trillion Covid-19 relief proposal. The Dow Jones climbed 333 points or 1.1% to 31,056. The S&P 500 jumped 42 points or 1.1% to 3872. The Nasdaq added 167 points or 1.2% to 13,778. 2021-02-04T21:04:00"
NASDAQ 100 CFD hits All-time High,Stock Market,NASDAQ 100 CFD hits All-time HighUnited States Stock MarketNASDAQ 100 CFD increased to an all-time high of 135642021-02-04T21:02:10.85
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 38712021-02-04T20:59:29.61
The Dow Jones Index increasing 0.81%,Stock Market,"The Dow Jones Index increasing 0.81%United States Stock MarketUnited States Stock Market is up by 249 points. The rise is driven by Visa (3.64%), Travelers Companies (3.43%) and American Express (3.04%). Biggest losses came from UnitedHealth (-2.60%), DuPont de Nemours, Inc. (-2.43%) and Merck & Co (-1.55%).2021-02-04T20:30:03.96"
Dollar Rally Gathers Pace,Currency,"Dollar Rally Gathers Pace United States CurrencyThe dollar index held above the 90.50 region on Friday and was poised for its biggest weekly gain since October as expectations that the US economy would outperform its peers encouraged investors to buy the greenback. Progress on a massive pandemic-relief package with markets expecting the price tag to be somewhere between $1.3T and Biden’s $1.9T proposal, pushed the US treasury yields close to levels not seen since March, which, in turn, drove buying into the greenback. Also highlighting the US economic rebound was the recent evidence that the labour market’s recovery is gathering pace. These factors contrasted with a decline in eurozone GDP after renewed coronavirus-induced restrictions. Still, the medium to long-term outlook remains bearish owing to the risks posed by record-high debt levels. 2021-02-04T18:48:00"
S&P 500 and Nasdaq Approch All-Time High,Stock Market,"S&P 500 and Nasdaq Approch All-Time HighUnited States Stock MarketAll three main stock market indexes in the US rose for a 4th session with S&P 500 and Nasdaq nearing another all-time high amid earnings results and signs the labour market is recovering. Initial jobless claims fell for the 3rd straight week to 779K, the lowest since the last week of November. Meanwhile, earnings from eBay, Paypal, Philip Morris; and Becton, Dickinson and Company beat forecast while Qualcomm revenues disappointed. 2021-02-04T17:41:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 21952021-02-04T16:52:12.78
Wall Street Higher on Earnings,Stock Market,"Wall Street Higher on EarningsUnited States Stock MarketUS stocks traded higher on Thursday with Dow Jones rising more than 200 points supported by strong data and earnings results. Initial jobless claims fell for the 3rd straight week to a lower-than-expected 779K, remaining at their lowest level since the last week of November. Meanwhile, earnings from eBay, Paypal, Philip Morris; and Becton, Dickinson and Company beat forecasts while Qualcomm revenues disappointed. 2021-02-04T14:33:00"
US Q4 Nonfarm Labor Costs Rise More than Expected,Labour Costs,"US Q4 Nonfarm Labor Costs Rise More than ExpectedUnited States Labour CostsUnit labor costs in the US nonfarm business sector jumped an annualized 6.8 percent in the fourth quarter of 2020, rebounding from an upwardly revised 7 percent drop in the previous period and compared with market forecast of a 4 percent rise, a preliminary estimate showed. Hourly compensation climbed 1.7 percent and productivity fell 4.8 percent. Year-on-year, unit labor costs in the nonfarm business sector rose 5.2 percent. Considering full 2020, unit labor costs went up 4.3 percent.2021-02-04T13:33:00"
Philip Morris International earnings at 1.26 USD,Earnings,"Philip Morris International earnings at 1.26 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.26 USD, compared to market expectations of 1.23 USD.2021-02-04T13:18:10.32"
Baxter International earnings at 0.80 USD,Earnings,"Baxter International earnings at 0.80 USDUnited States EarningsBaxter International (BAX) released earnings per share at 0.80 USD, compared to market expectations of 0.76 USD.2021-02-04T13:08:09.117"
Air Products & Chemicals earnings at 2.12 USD,Earnings,"Air Products & Chemicals earnings at 2.12 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.12 USD, compared to market expectations of 2.19 USD.2021-02-04T13:07:54.827"
"Becton, Dickinson and Co. earnings at 4.55 USD",Earnings,"Becton, Dickinson and Co. earnings at 4.55 USDUnited States EarningsBecton, Dickinson and Co. (BDX) released earnings per share at 4.55 USD, compared to market expectations of 3.14 USD.2021-02-04T13:07:47.65"
Intercontinental Exchange earnings at 1.13 USD,Earnings,"Intercontinental Exchange earnings at 1.13 USDUnited States EarningsIntercontinental Exchange (ICE) released earnings per share at 1.13 USD, compared to market expectations of 1.09 USD.2021-02-04T13:07:44.077"
Cigna earnings at 3.51 USD,Earnings,"Cigna earnings at 3.51 USDUnited States EarningsCigna (CI) released earnings per share at 3.51 USD, compared to market expectations of 3.66 USD.2021-02-04T13:07:27.603"
Merck & Co earnings at 1.32 USD,Earnings,"Merck & Co earnings at 1.32 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 1.32 USD, compared to market expectations of 1.36 USD.2021-02-04T13:07:23.81"
Bristol-Myers Squibb earnings at 1.46 USD,Earnings,"Bristol-Myers Squibb earnings at 1.46 USDUnited States EarningsBristol-Myers Squibb (BMY) released earnings per share at 1.46 USD, compared to market expectations of 1.37 USD.2021-02-04T13:07:20.05"
US Companies Cut Slightly More Jobs in January,Challenger Job Cuts,"US Companies Cut Slightly More Jobs in JanuaryUnited States Challenger Job CutsUS based employers announced 79,552 job cuts in the first month of 2021, the most for a January month since 2009 and up 3.3% from 77,030 in December. The number is 17.4 percent higher than the 67,735 cuts announced in the same month last year. The most redundances (29,100) were announced in Aerospace/Defense industry which has seen turmoil caused by a downturn in orders for commercial airliners, as travel dried up due to the pandemic. “While cuts were higher than average last month, we are seeing a leveling off of announcements, which may bode well for a recovery in the coming months. Companies may be reassessing their staffing levels and waiting on the impact of the relief bill before making any additional workforce decisions,” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc.2021-02-04T12:40:00"
US Initial Jobless Claims Seen Falling to 830K,Initial Jobless Claims,"US Initial Jobless Claims Seen Falling to 830KUnited States Initial Jobless ClaimsInitial jobless claims are seen falling to 830 thousand in the last week of January, from 847 previous week, and moving further away from a five-month high hit at the start of the month. Still, claims are expected to remain well above pre-pandemic levels as rising COVID-19 cases and new lockdowns across the country continue to threaten the labor market recovery. Continuing claims are forecast to drop to 4.70 million in the January 23rd week.2021-02-04T09:57:00"
US Futures Little Changed on Thursday,Stock Market,"US Futures Little Changed on ThursdayUnited States Stock MarketContracts on the Dow Jones and S&P 500 futures were little changed on Thursday while the Nasdaq gained slightly, as investors take a breath after strong gains early in the week. Meanwhile, the earnings season continues, with results from eBay and Paypal released after the opening bell on Wednesday beating forecasts while Qualcomm revenues disappointed. Earnings from Becton, Dickinson and Company and Philip Morris International came better than forecasts and Gilead Sciences is also due to report today. On the data front, the initial claims are estimated to fall for the 3rd consecutive week to 830K. On Wednesday, the Dow Jones added 36 points or 0.1% to 30,724. The S&P 500 edged up 4 points or 0.1% to 3,830. In contrast, the Nasdaq ended around the flatline at 13611.2021-02-04T08:57:00"
US Stocks Set to Open Slightly Lower,Stock Market,"US Stocks Set to Open Slightly LowerUnited States Stock MarketUS stock futures traded slightly lower on Thursday, amid uncertainty about how much compromise the Democrats are willing to make with Republicans who are calling for a smaller COVID-19 relief package. Meanwhile, President Joe Biden signaled on Wednesday he is open to changes, including limiting the proposed $1,400 check to Americans. On the corporate front, Ford Motor said it had terminated plans to launch an electric vehicle JV with China’s Zotye Automobile. Meantime, eBay on Wednesday mentioned it would emerge stronger from the pandemic after a surge in online shopping helped the company beat consensus for sales and profit in the holiday quarter. The Dow Jones added 36 points or 0.1% to 30,723. The S&P 500 edged up 4 points or 3,830. In contrast, the Nasdaq lost 2 points or less than 0.1% to 13,611.


2021-02-04T07:01:00"
PayPal earnings at 1.08 USD,Earnings,"PayPal earnings at 1.08 USDUnited States EarningsPayPal (PYPL) released earnings per share at 1.08 USD, compared to market expectations of 1.00 USD.2021-02-03T21:45:56.367"
Qualcomm earnings at 2.17 USD,Earnings,"Qualcomm earnings at 2.17 USDUnited States EarningsQualcomm (QCOM) released earnings per share at 2.17 USD, compared to market expectations of 2.10 USD.2021-02-03T21:45:53.54"
Dollar Bounces Off 2-Month Peak,Currency,"Dollar Bounces Off 2-Month Peak United States CurrencyThe dollar index bottomed around 91.00 on Thursday, moving away from a two-week peak near the 90.30 region, as risk sentiment improved after upbeat economic numbers from the US. ADP's private-sector employment data showed modest improvement while the ISM Services PMI also topped estimates. However, this overall outperformance of the US economy compared with its G10 peers has been a significant driver for dollar strength in the last month. The view was reinforced by new fiscal spending plans that contrasted with a decline in eurozone GDP after renewed coronavirus-induced restrictions. Still, the medium to long-term outlook remains bearish owing to the risks posed by record-high debt levels. 2021-02-03T19:38:00"
US Crude Inventories Unexpectedly Fall,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly FallUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 0.994 million barrels in the week ended January 29th 2021, compared to market forecasts of a 0.446 million barrels increase, according to the EIA Petroleum Status Report. It follows a 9.91 million drop in the previous week which was the biggest decline since the week ended July 24th 2020. Meantime, gasoline inventories jumped by 4.466 million barrels, while markets had forecast a 1.134 million increase.2021-02-03T15:34:00"
US Composite PMI Highest since March of 2015: Markit,Composite PMI,"US Composite PMI Highest since March of 2015: MarkitUnited States Composite PMIThe IHS Markit US Composite PMI was revised higher to 58.7 in January of 2021 from a preliminary of 58 and 55.3 in December. the reading pointed to the strongest expansion in private sector activity since March of 2015, amid sharper rises in manufacturing (record of 59.2 vs 57.1) and service sector activity (58.3 vs 54.8). Business confidence improved in January, amid stronger output expectations at service providers. Manufacturers were slightly less upbeat, but still anticipate higher output in one year's time.2021-02-03T14:59:28.547"
US Services PMI Revised Higher: Markit,Services PMI,"US Services PMI Revised Higher: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 58.3 in January of 2021 from a preliminary of 57.8 and 54.8 in December. The reading pointed to a strong expansion in services activity and excluding November's recent high, the latest upturn was the fastest since March of 2015, amid a stronger rise in new business. Foreign client demand also picked up, as new export orders returned to growth. Despite a notable improvement in business confidence, the rate of job creation eased as pressure on capacity dwindled and concerns regarding the short-term outlook remained. Meanwhile, cost burdens soared once again, with the rate of input price inflation the fastest since the survey began in 2009. Firms largely passed on higher costs to clients through a marked rise in charges. Finally, business optimism was the second-highest since May 2015.2021-02-03T14:50:00"
AbbVie earnings at 2.92 USD,Earnings,"AbbVie earnings at 2.92 USDUnited States EarningsAbbVie (ABBV) released earnings per share at 2.92 USD, compared to market expectations of 2.85 USD.2021-02-03T13:06:22.88"
Biogen earnings at 4.58 USD,Earnings,"Biogen earnings at 4.58 USDUnited States EarningsBiogen (BIIB) released earnings per share at 4.58 USD, compared to market expectations of 4.75 USD.2021-02-03T12:29:26.447"
Enterprise Products Partners earnings at 0.15 USD,Earnings,"Enterprise Products Partners earnings at 0.15 USDUnited States EarningsEnterprise Products Partners (EPD) released earnings per share at 0.15 USD, compared to market expectations of 0.50 USD.2021-02-03T12:29:01.343"
Humana earnings at -2.30 USD,Earnings,"Humana earnings at -2.30 USDUnited States EarningsHumana (HUM) released earnings per share at -2.30 USD, compared to market expectations of -2.37 USD.2021-02-03T12:28:35.99"
Boston Scientific earnings at 0.23 USD,Earnings,"Boston Scientific earnings at 0.23 USDUnited States EarningsBoston Scientific (BSX) released earnings per share at 0.23 USD, compared to market expectations of 0.31 USD.2021-02-03T12:28:23.447"
Dollar Momentum Cools,Currency,"Dollar Momentum CoolsUnited States CurrencyThe dollar rally paused for the 1st time in a week on Wednesday, with the DXY retreating slightly to around 91, as the retail frenzy continues to cool and optimism over US stimulus increases. The Senate on Tuesday voted 50-49 to begin debate on a budget resolution for the 2021 fiscal year that will allow Democrats to pass the $1.9 trillion stimulus plan without Republican votes. Still, the dollar remains close to levels not seen in 2 months amid expectations the US economy would outperform its peers.2021-02-03T08:56:00"
US Futures Rally Continues after Amazon and Alphabet Earnings,Stock Market,"US Futures Rally Continues after Amazon and Alphabet EarningsUnited States Stock MarketUS futures extended gains for the 3rd straight session on Wednesday with Nasdaq 100 hitting a record high, after earnings from Amazon and Alphabet released Tuesday after the closing bell topped estimates. Amazon reported earnings nearly doubled forecasts but Jeff Bezos announced his resignation as CEO. Alphabet results also surprised thanks to advertisement and strength in cloud computing. Also, retail frenzy continues to recede with shares of GameStop posting their biggest one-day loss ever and erasing more than $27 billion in market value. Meanwhile, the Senate voted 50-49 to begin debate on a budget resolution for the 2021 fiscal year that will allow Democrats to pass the $1.9 trillion stimulus plan without Republican votes and President Biden and Treasury Secretary Yellen said the $618 billion counterproposal by a group of 10 Senate Republicans is too small. On Tuesday, the Dow Jones jumped 476 points to 30,687, the S&P 500 52 points to 3,826 and the Nasdaq 209 points to 13,613.2021-02-03T08:36:00"
NASDAQ 100 CFD hits All-time High,Stock Market,NASDAQ 100 CFD hits All-time HighUnited States Stock MarketNASDAQ 100 CFD increased to an all-time high of 135642021-02-03T07:51:07.36
US Stock Futures Point to Higher Open,Stock Market,"US Stock Futures Point to Higher OpenUnited States Stock MarketUS stock futures traded slightly higher on Wednesday, after President Joe Biden and Treasury Secretary Janet Yellen Tuesday mentioned that the Republicans’ $618 billion offer for new fiscal aid was too small. Meanwhile, Democrats in Congress took the first steps toward advancing Biden's proposed $1.9 trillion stimulus without Republican support. Regarding the retail trading frenzy, Yellen is calling a meeting of top financial regulators this week, possibly as early as Thursday. On the corporate side, Amazon CEO Jeff Bezos will step down later this year, turning the helm over to the company’s top cloud executive, Andy Jassy, according to an announcement Tuesday. Meantime, Microsoft today said it fully supported proposed new laws in Australia that would force Google and Facebook to pay domestic media outlets for their content. On Tuesday, the Dow Jones jumped 476 points or 1.6% to 30,688. The S&P 500 increased 52 points 1.4% to 3,826. The Nasdaq climbed 209 points or 1.6% to 13,613.2021-02-03T06:21:00"
Chubb earnings at 3.18 USD,Earnings,"Chubb earnings at 3.18 USDUnited States EarningsChubb (CB) released earnings per share at 3.18 USD, compared to market expectations of 2.87 USD.2021-02-02T23:37:57.183"
Amgen earnings at 3.81 USD,Earnings,"Amgen earnings at 3.81 USDUnited States EarningsAmgen (AMGN) released earnings per share at 3.81 USD, compared to market expectations of 3.36 USD.2021-02-02T23:36:55.283"
Amazon earnings at 14.09 USD,Earnings,"Amazon earnings at 14.09 USDUnited States EarningsAmazon (AMZN) released earnings per share at 14.09 USD, compared to market expectations of 7.23 USD.2021-02-02T21:08:10.247"
Alphabet earnings at 22.30 USD,Earnings,"Alphabet earnings at 22.30 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 22.30 USD, compared to market expectations of 15.90 USD.2021-02-02T21:06:27.35"
US Stocks Rally on Tuesday,Stock Market,"US Stocks Rally on TuesdayUnited States Stock MarketWall Street closed deeply in the green and extended gains with the Dow Jones booking its best day since November, as the GameStop trading mania continued to reverse course. On Tuesday, shares of AMC and GameStop continued to decline sharply and erased most of their recent gains. On the policy side, investors continued to monitor stimulus negotiations in Washington after congressional Republicans made a counteroffer to President Biden’s $1.9 trillion stimulus plan. On the corporate side, shares of Amazon and Alphabet rose more than 3%, as both tech giants are set to release quarterly earnings after the closing bell. The Dow Jones jumped 476 points or 1.6% to 30,688. The S&P 500 increased 52 points 1.4% to 3826. The Nasdaq added 209 points or 1.6% to 13,613.2021-02-02T21:06:00"
The Dow Jones Index is up by 1.92%,Stock Market,"The Dow Jones Index is up by 1.92%United States Stock MarketUnited States Stock Market is picking up 580 points. Gains are led by General Electric (5.12%), Goldman Sachs (4.83%) and Caterpillar (4.36%).2021-02-02T20:30:03.237"
ISM New York Index Falls to Start 2021,Ism New York Index,"ISM New York Index Falls to Start 2021United States Ism New York IndexIsm New York Index in the United States decreased to 51.20 percent in January from 61.30 percent in December of 2020. The Six-Month Outlook gave up most of the 22.1 point increase reported in December, falling 17.4 points to 53.3 in January. ""Business conditions continue to improve, but with clear indications of uncertainty interrupting solid growth"", "" said Kelly Barner, ISM-New York's Business Survey Chair.2021-02-02T17:44:00"
US Stocks Rally,Stock Market,"US Stocks Rally United States Stock MarketWall Street rallied on Tuesday with the Dow Jones jumping more than 500 points and both the S&P 500 and the Nasdaq adding around 1.5% as investors await earnings from Amazon, Alphabet and Amgen after the opening bell and the Reddit boom seems to be cooling with shares of GameStop retreating alongside silver. Meanwhile, results from Exxon Mobil surprised on the upside while Pfizer disappointed. Also, President Biden reiterated he will not slow down work on his new stimulus bill and will not settle for a package that fails to meet the moment after the meeting with 10 Republican senators who counter-proposed a smaller package. 2021-02-02T15:34:00"
US Stocks Rise ahead of Big Earnings,Stock Market,"US Stocks Rise ahead of Big EarningsUnited States Stock MarketWall Street extended gains on Tuesday, with the Dow Jones jumping more than 250 points and both the S&P 500 and the Nasdaq adding around 1% as investors await earnings from Amazon, Alphabet and Amgen after the opening bell. Results from Exxon Mobil surprised on the upside while Pfizer disappointed. Meanwhile, President Biden reiterated he will not slow down work on his new stimulus bill and will not settle for a package that fails to meet the moment after the meeting with 10 Republican senators who counter-proposed a smaller package. Also, the Reddit boom seems to be cooling with shares of GameStop retreating alongside silver. 2021-02-02T14:33:00"
Exxon Mobil earnings at 0.03 USD,Earnings,"Exxon Mobil earnings at 0.03 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 0.03 USD, compared to market expectations of 0.01 USD.2021-02-02T13:03:20.05"
ConocoPhillips earnings at -0.19 USD,Earnings,"ConocoPhillips earnings at -0.19 USDUnited States EarningsConocoPhillips (COP) released earnings per share at -0.19 USD, compared to market expectations of -0.25 USD.2021-02-02T12:18:44.487"
Pfizer earnings at 0.42 USD,Earnings,"Pfizer earnings at 0.42 USDUnited States EarningsPfizer (PFE) released earnings per share at 0.42 USD, compared to market expectations of 0.52 USD.2021-02-02T12:17:29.94"
United Parcel Service earnings at 2.66 USD,Earnings,"United Parcel Service earnings at 2.66 USDUnited States EarningsUnited Parcel Service (UPS) released earnings per share at 2.66 USD, compared to market expectations of 2.14 USD.2021-02-02T11:14:38.113"
Vertex Pharmaceuticals earnings at 2.51 USD,Earnings,"Vertex Pharmaceuticals earnings at 2.51 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 2.51 USD, compared to market expectations of 2.55 USD.2021-02-01T21:06:00.483"
The Dow Jones Index increasing 0.92%,Stock Market,"The Dow Jones Index increasing 0.92%United States Stock MarketUnited States Stock Market is up by 276 points. The rise is driven by General Electric (2.53%), Caterpillar (2.05%) and Apple (1.65%). Biggest losses came from DuPont de Nemours, Inc. (-6.73%) and McDonalds (-0.11%).2021-02-01T20:30:03.917"
Dollar Index Hits 6-Week High,currency,"Dollar Index Hits 6-Week HighUnited States currencyThe dollar index broke its resistance at 91, extending its upward momentum to levels not seen since December as expectations that the US economy would outperform its peers encouraged investors to buy the greenback. This strength was most pronounced against the Euro, as the EU continues to have issues with vaccine distribution. Still, the long-term outlook remains bearish owing to the risks posed by record-high debt levels. Treasury Secretary Janet Yellen has backed a $1.9 trillion stimulus package unveiled by President Joe Biden, saying the benefits outweigh the costs of a higher debt burden. Meanwhile, the Federal Reserve has left policy unchanged and did not adjust its monthly bond purchases.
2021-02-01T16:59:00"
US Markit Manufacturing PMI Revised Higher,Manufacturing PMI,"US Markit Manufacturing PMI Revised HigherUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised slightly higher to 59.2 in January of 2021 from 59.1 int he preliminary estimate, pointing to record factory growth, due to accelerated expansions in output and new orders. Meanwhile, cost pressures intensified amid raw material shortages. Firms were able to partially pass on higher costs, however, with selling prices rising at the fastest pace since July 2008. Robust business confidence was reflected in the strongest rise in workforce numbers for two years, as pressure on capacity increased once again.2021-02-01T14:48:23.337"
Thermo Fisher Scientific earnings at 7.09 USD,Earnings,"Thermo Fisher Scientific earnings at 7.09 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 7.09 USD, compared to market expectations of 6.52 USD.2021-02-01T11:49:21.823"
US Futures Rebound to Start February,Stock Market,"US Futures Rebound to Start FebruaryUnited States Stock MarketUS futures traded in the green to start February, attempting to recover from the biggest losses since October as the Reddit boom is spreading to other markets such as silver, easing pressure on the tech sector and hedge funds losses. Meanwhile, President Biden will meet 10 Republican senators who have counter-proposed a smaller $1.9 trillion coronavirus aid-bill. Investors will also keep an eye on corporate quarterly results with companies including Alphabet, Amazon, Exxon Mobil and Pfizer due to report during the week. On the data front, the ISM Manufacturing PMI is due later in the day. Last week, the Dow Jones declined 3.3%, the S&P 500 3.3%, and the Nasdaq 3.5%. For the month, the Dow fell 2% and the S&P 500 1.1%, while the Nasdaq gained 1.4%. 
.2021-02-01T08:53:00"
US Stocks Set to Rise at Open,Stock Market,"US Stocks Set to Rise at OpenUnited States Stock MarketUS stock futures traded markedly higher on Monday, amid hopes for expanding COVID-19 vaccine rollouts accross the nation. At the same time, traders continued to watch negotiations over President Joe Biden’s proposed $1.9 trillion economic aid package, with the leader is set to meet later in the day with a group of ten  Republican senators who have proposed little stimulus. Investors also await new developments in the battle between retail investors and funds that specialize in shorting stocks, with Goldman Sachs noting that a short squeeze last week is the worst in 25 years. Meanwhile, another busy week of earnings is coming up. On Friday, the Dow Jones sank 622 points or 2% to 29,981. The S&P 500 plunged 73 points or 1.9% to 3,714. The Nasdaq plunged 267 points or 2% to 13,071. During the week, all major indices booked sharp losses, with the Dow declining 3.3%, the S&P 500 3.3%, and the Nasdaq 3.5%. For the month, the Dow fell 2% and the S&P 500 1.1%, while the Nasdaq gained 1.4%.

2021-02-01T07:10:00"
S&P 500 CFD hits 4-week Low,Stock Market,S&P 500 CFD hits 4-week LowUnited States Stock MarketS&P 500 CFD decreased to a 4-week low of 36862021-02-01T00:02:36.673
The Dow Jones Index falling 1.52%,Stock Market,"The Dow Jones Index falling 1.52%United States Stock MarketUnited States Stock Market is dropping 466 points. Leading the losses are Chevron (-3.90%), 3M (-3.61%) and Johnson & Johnson (-3.54%).2021-01-29T20:30:05.63"
US Consumer Sentiment Revised Lower,Consumer Confidence,"US Consumer Sentiment Revised LowerUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised lower to 79 in January of 2021 from a preliminary of 79.2 and below 80.7 in December. There was a decrease in the assessment of current economic conditions (86.7 vs 87.7 in the preliminary release) while the expectations component improved slightly (74 vs 73.8 in the preliminary release). On the price front, both inflation expectations for the year ahead and those for the next 5 years were unchanged at 3 percent and 2.5 percent, respectively. ""The overall level of the Sentiment Index has shown only relatively small variations since the pandemic started, averaging 81.5 in 2020, marginally above January's 79.0. Needless to say, sentiment levels were well below the average of 97.0 from 2017 to 2019. Importantly, the level of key confidence indicators remained well above prior cyclical lows despite the sudden historic collapse in economic activity.""2021-01-29T15:08:00"
Chicago PMI Strongest since July 2018,Chicago PMI,"Chicago PMI Strongest since July 2018United States Chicago PMIThe MNI Chicago Business Barometer in the US jumped to 63.8 in January of 2021 from 58.7 in December and easily beating market forecasts of 58.5. The reading pointed to the strongest expansion in Chicago business activity since July of 2018, boosted by a pick-up in activity at the beginning of 2021. Among the main five indicators, production saw the largest monthly gain to hit the highest level since January 2018, followed by new orders, which climbed to the highest level since November 2018. On the other hand, employment recorded the biggest decline, down for the nineteenth straight month.2021-01-29T14:48:00"
US Employment Costs Rise More than Expected,Employment Cost Index,"US Employment Costs Rise More than ExpectedUnited States Employment Cost IndexCompensation costs for civilian workers in the US rose 0.7 percent on quarter in the three months to December 2020, accelerating from a 0.5 percent gain in the previous period and above market expectations of a 0.5 percent increase. Wages and salaries climbed 0.9 percent, following a 0.4 percent rise in Q3; and benefit costs went up 0.7 percent, after a 0.5 percent increase.2021-01-29T13:34:00"
US Personal Income Beats Forecast in December,Personal Income,"US Personal Income Beats Forecast in DecemberUnited States Personal IncomeUS personal income rose by 0.6 percent from a month earlier in December of 2020, rebounding from a revised 1.3 percent slump in November and beating market consensus of a 0.1 percent increase supported by increases in government social benefits, compensation, and personal dividend income. 
At the same time, proprietors’ income decreased.2021-01-29T13:31:00"
Chevron earnings at -0.01 USD,Earnings,"Chevron earnings at -0.01 USDUnited States EarningsChevron (CVX) released earnings per share at -0.01 USD, compared to market expectations of 0.08 USD.2021-01-29T13:05:57.477"
L3Harris Technologies Inc earnings at 3.14 USD,Earnings,"L3Harris Technologies Inc earnings at 3.14 USDUnited States EarningsL3Harris Technologies Inc (LHX) released earnings per share at 3.14 USD, compared to market expectations of 3.09 USD.2021-01-29T12:34:40.513"
Roper Industries earnings at 3.56 USD,Earnings,"Roper Industries earnings at 3.56 USDUnited States EarningsRoper Industries (ROP) released earnings per share at 3.56 USD, compared to market expectations of 3.49 USD.2021-01-29T12:34:21.71"
Colgate-Palmolive earnings at 0.77 USD,Earnings,"Colgate-Palmolive earnings at 0.77 USDUnited States EarningsColgate-Palmolive (CL) released earnings per share at 0.77 USD, compared to market expectations of 0.76 USD.2021-01-29T12:33:20.037"
Caterpillar earnings at 2.12 USD,Earnings,"Caterpillar earnings at 2.12 USDUnited States EarningsCaterpillar (CAT) released earnings per share at 2.12 USD, compared to market expectations of 1.48 USD.2021-01-29T12:32:21.387"
Charter Communications earnings at 6.05 USD,Earnings,"Charter Communications earnings at 6.05 USDUnited States EarningsCharter Communications (CHTR) released earnings per share at 6.05 USD, compared to market expectations of 4.83 USD.2021-01-29T12:31:13.283"
Honeywell International earnings at 2.07 USD,Earnings,"Honeywell International earnings at 2.07 USDUnited States EarningsHoneywell International (HON) released earnings per share at 2.07 USD, compared to market expectations of 2.00 USD.2021-01-29T12:30:58.633"
Eli Lilly earnings at 2.75 USD,Earnings,"Eli Lilly earnings at 2.75 USDUnited States EarningsEli Lilly (LLY) released earnings per share at 2.75 USD, compared to market expectations of 2.37 USD.2021-01-29T12:30:16.727"
Dollar Poised for Monthly Gain,Currency,"Dollar Poised for Monthly GainUnited States CurrencyThe dollar index has managed to regain some traction and approached the key resistance at 91.00, recovering from a gloomy 2020 that sent the US currency down more than 6% to levels not seen since 2018. The recovery was most pronounced in the first half of January, with soaring Treasury yields encouraging investors to buy the greenback. Recently, worries about surging coronavirus cases and a slow vaccine rollout sent traders scrambling for safe-haven assets. Still, the long-term outlook remains bearish owing to the risks posed by record-high debt levels. Treasury Secretary Janet Yellen has backed a $1.9 trillion stimulus package unveiled by President Joe Biden, saying the benefits outweigh the costs of a higher debt burden. Meanwhile, the Federal Reserve has left policy unchanged and did not adjust its monthly bond purchases. 2021-01-29T00:32:00"
Mondelez International earnings at 0.67 USD,Earnings,"Mondelez International earnings at 0.67 USDUnited States EarningsMondelez International (MDLZ) released earnings per share at 0.67 USD, compared to market expectations of 0.67 USD.2021-01-28T21:34:30.84"
Visa earnings at 1.42 USD,Earnings,"Visa earnings at 1.42 USDUnited States EarningsVisa (V) released earnings per share at 1.42 USD, compared to market expectations of 1.27 USD.2021-01-28T21:23:36.6"
Tenth District Manufacturing Activity Rebounds from 5-Month Low,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Rebounds from 5-Month LowUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index rose by 10 points to 22 in January of 2021 from a 5-month low of 12 in December. Activity rose more at durable goods plants, driven by manufacturing of primary metals, machinery, electronics, and transportation equipment. Production, shipments, new orders, employment, employee workweeks, new orders for exports, and supplier delivery time increased further in January and order backlog expanded at a steady pace. Also, expectations for future activity rose further. “COVID-19 vaccination is a key factor in manufacturers’ overall business outlook for 2021, but with less impact on hiring and capital spending in the near-term”, said Chad Wilkerson, vice president of the Federal Reserve Bank of Kansas City. 
2021-01-28T16:31:00"
"Dollar Falls after GDP, Claims Data",Currency,"Dollar Falls after GDP, Claims DataUnited States CurrencyThe dollar index reversed course to trade lower around 90.5 on Thursday, as investors welcomed strong US economic data. The US GDP expanded an annualized 4% in Q4, in line with forecasts and initial claims fell for the second week to a lower-than-expected 847K. However, persistent worries about surging virus cases and potential disruption to vaccine rollouts continue to weigh on investors' risk appetite. Meanwhile, the Federal Reserve has left policy unchanged and made no change to its monthly bond purchases. While the outlook over the next few months has darkened, the new Biden stimulus plans remains a positive backdrop for markets.2021-01-28T14:13:00"
US Wholesale Stocks Rise in December,Wholesale Inventories,"US Wholesale Stocks Rise in DecemberUnited States Wholesale InventoriesWholesale inventories in the US increased 0.1 percent over a month earlier in December of 2020, following a flat reading in the previous month, a preliminary estimate showed. Nondurables goods inventories rebounded (0.3 percent vs -1.1 percent in November) while durable ones stalled (following a 0.7 percent rise in November). 2021-01-28T13:34:00"
US Goods Deficit Narrows in December,Goods Trade Balance,"US Goods Deficit Narrows in DecemberUnited States Goods Trade BalanceThe goods gap in the US narrowed to USD 82.5 billion in December of 2020 from a revised USD 85.5 billion in the previous month, the advance estimate showed. Exports increased 4.6 percent, mainly boosted by sales of industrial supplies (4.0 percent), capital goods (3.2 percent) and consumer goods (2.5 percent). Imports rose at a slower 1.4 percent, due to purchases of capital goods (1.2 percent), industrial supplies (6.6 percent) and vehicles (6.2 percent). 2021-01-28T13:33:00"
Mastercard earnings at 1.64 USD,Earnings,"Mastercard earnings at 1.64 USDUnited States EarningsMastercard (MA) released earnings per share at 1.64 USD, compared to market expectations of 1.51 USD.2021-01-28T13:17:19.087"
Northrop Grumman earnings at 6.59 USD,Earnings,"Northrop Grumman earnings at 6.59 USDUnited States EarningsNorthrop Grumman (NOC) released earnings per share at 6.59 USD, compared to market expectations of 5.76 USD.2021-01-28T12:19:31.797"
Marsh & McLennan Companies earnings at 1.19 USD,Earnings,"Marsh & McLennan Companies earnings at 1.19 USDUnited States EarningsMarsh & McLennan Companies (MMC) released earnings per share at 1.19 USD, compared to market expectations of 1.13 USD.2021-01-28T12:19:28.27"
Sherwin-Williams earnings at 5.09 USD,Earnings,"Sherwin-Williams earnings at 5.09 USDUnited States EarningsSherwin-Williams (SHW) released earnings per share at 5.09 USD, compared to market expectations of 4.85 USD.2021-01-28T12:19:24.483"
Altria earnings at 0.99 USD,Earnings,"Altria earnings at 0.99 USDUnited States EarningsAltria (MO) released earnings per share at 0.99 USD, compared to market expectations of 1.01 USD.2021-01-28T12:19:20.953"
McDonalds earnings at 1.70 USD,Earnings,"McDonalds earnings at 1.70 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 1.70 USD, compared to market expectations of 1.78 USD.2021-01-28T12:19:13.917"
Comcast earnings at 0.56 USD,Earnings,"Comcast earnings at 0.56 USDUnited States EarningsComcast (CMCSA) released earnings per share at 0.56 USD, compared to market expectations of 0.49 USD.2021-01-28T12:19:06.927"
Danaher earnings at 2.08 USD,Earnings,"Danaher earnings at 2.08 USDUnited States EarningsDanaher (DHR) released earnings per share at 2.08 USD, compared to market expectations of 1.87 USD.2021-01-28T11:17:18.717"
Initial Jobless Claims Seen Falling for 2nd Week,Initial Jobless Claims,"Initial Jobless Claims Seen Falling for 2nd WeekUnited States Initial Jobless ClaimsInitial jobless claims are seen falling slightly to 875 thousand in the week ended January 23rd 2021 from 900 thousand in the previous week. It would mark the second consecutive week of falling claims after a five-month high of 926 thousand. However, claims are far from the 200 thousand level reported back in February and will likely remain elevated for some time as the pandemic is far from controlled although vaccination has already started. Meanwhile, continuing claims are forecast to remain unchanged at 5.054 million in the January 16th week.2021-01-28T10:27:09.98"
US 10Y traded above 1 percent,Government Bond 10Y,"US 10Y traded above 1 percentunited states Government Bond 10YUS 10 Year Note Bond Yield increased above 1, according to over-the-counter interbank yield quotes for this government bond maturity.2021-01-28T07:14:34.407"
US Stock Futures Point to Lower Open,Stock Market,"US Stock Futures Point to Lower OpenUnited States Stock MarketUS stock futures traded slightly lower on Thursday, amid disappointing earnings reports as well as doubts over how soon the economy will get fresh support after President Joe Biden proposed a $1.9 trillion COVID-19 relief plan. Traders were also cautious after the Federal Reserve mentioned Wednesday that the US economy will struggle in the coming months until widespread vaccinations support a rebound. Traders now await the preliminary reading of the Q4 US GDP figure later in the day. On stock market news, the US Securities and Exchange Commission said Wednesday it was aware of and actively monitoring ongoing market volatility in options and equities markets, after a dramatic run-up in the prices of shares of companies like GameStop. On Wednesday, the Dow Jones sank 634 points or 2.1% to 30,303. The S&P 500 tumbled 99 points or 2.6% to 3,751. The Nasdaq plummeted 356 points or 2.6% to 13,271.2021-01-28T07:08:00"
Crown Castle International earnings at 2.33 USD,Earnings,"Crown Castle International earnings at 2.33 USDUnited States EarningsCrown Castle International (CCI) released earnings per share at 2.33 USD, compared to market expectations of 1.65 USD.2021-01-27T21:45:48.557"
Las Vegas Sands earnings at -0.37 USD,Earnings,"Las Vegas Sands earnings at -0.37 USDUnited States EarningsLas Vegas Sands (LVS) released earnings per share at -0.37 USD, compared to market expectations of -0.31 USD.2021-01-27T21:45:41.517"
Stryker earnings at 2.81 USD,Earnings,"Stryker earnings at 2.81 USDUnited States EarningsStryker (SYK) released earnings per share at 2.81 USD, compared to market expectations of 2.55 USD.2021-01-27T21:34:44.17"
Edwards Lifesciences earnings at 0.50 USD,Earnings,"Edwards Lifesciences earnings at 0.50 USDUnited States EarningsEdwards Lifesciences (EW) released earnings per share at 0.50 USD, compared to market expectations of 0.53 USD.2021-01-27T21:34:40.643"
ServiceNow earnings at 1.17 USD,Earnings,"ServiceNow earnings at 1.17 USDUnited States EarningsServiceNow (NOW) released earnings per share at 1.17 USD, compared to market expectations of 1.06 USD.2021-01-27T21:34:37.117"
Apple earnings at 1.68 USD,Earnings,"Apple earnings at 1.68 USDUnited States EarningsApple (AAPL) released earnings per share at 1.68 USD, compared to market expectations of 1.41 USD.2021-01-27T21:33:24.08"
Lam Research earnings at 6.03 USD,Earnings,"Lam Research earnings at 6.03 USDUnited States EarningsLam Research (LRCX) released earnings per share at 6.03 USD, compared to market expectations of 5.64 USD.2021-01-27T21:23:43.36"
Facebook earnings at 3.88 USD,Earnings,"Facebook earnings at 3.88 USDUnited States EarningsFacebook (FB) released earnings per share at 3.88 USD, compared to market expectations of 3.22 USD.2021-01-27T21:19:53.107"
Tesla earnings at 0.80 USD,Earnings,"Tesla earnings at 0.80 USDUnited States EarningsTesla (TSLA) released earnings per share at 0.80 USD, compared to market expectations of 1.03 USD.2021-01-27T21:18:23.707"
US Stocks Sell Off on Bubble Concerns,Stock Market,"US Stocks Sell Off on Bubble ConcernsUnited States Stock MarketWall Street closed deeply in the red on Wednesday and the Dow dropped the most since October and the S&P turned negative for the year, as disappointing earnings and speculative trading triggered alarms over a bubble in the tech sector. On the corporate side, shares of Boeing declined more than 4% after its earnings report showed a record net loss amid the pandemic and the 737 Max grounding. Meanwhile, shares of AMD and of Starbucks plunged 6% despite beating expectations. Also, TD Ameritrade put in place restrictions on certain transactions involving GameStop and AMC, highly speculative and massively shorted stocks. On the policy side, the Fed kept interest rates unchanged near zero and maintained an asset purchasing program with at least $120 billion buying a month. The Dow Jones sank 634 points or 2.1% to 30,303. The S&P 500 tumbled 99 points or 2.6% to 3751. The Nasdaq plummeted 356 points or 2.6% to 13,271.
2021-01-27T21:05:00"
Dollar Enjoys Wave of Momentum,Currency,"Dollar Enjoys Wave of MomentumUnited States CurrencyThe dollar index steadied around 90.70 on Thursday, slightly below its weekly tops of 90.90 touched in the previous session as risk appetite ebbed amid persistent worries about surging virus cases and potential disruption to vaccine rollouts. The dollar's rally was particularly pronounced against riskier currencies, such as the Australian and New Zealand dollars. Meanwhile, the Federal Reserve has left policy unchanged and made no change to its monthly bond purchases. While the outlook over the next few months has darkened, the new Biden stimulus plans remains a positive backdrop for markets. 2021-01-27T19:20:00"
US Crude Inventories Post Biggest Drop in 6 Months,Crude Oil Stocks Change,"US Crude Inventories Post Biggest Drop in 6 MonthsUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 9.91 million barrels in the week ended January 22nd 2021, the biggest decline since the week ended July 24th 2020 and compared to market forecasts of a 0.43 million rise, according to the EIA Petroleum Status Report. Crude stockpiles at Cushing, Oklahoma fell to the lowest since July. Meantime, gasoline inventories rose by 2.47 million barrels, while markets had forecast a 1.764 million increase.2021-01-27T15:47:00"
Dollar Rallies the Most since June,Currency,"Dollar Rallies the Most since JuneUnited States CurrencyThe dollar index rallied the most since June to 90.75 on Wednesday, the strongest level in almost 2 weeks as investors run away from riskier currencies amid rising infections and restrictions and await the Fed monetary policy decision later in the day. Chairman Jerome Powell is due to confirm the pledge to keep monetary policy accommodative for the foreseeable future. Meanwhile, the Euro extended losses after an ECB official said the central bank has the necessary tools to act on Euro strength and could cut the deposit rate further to keep inflation target. The British pound was also trading lower as the UK government announced new rules to try to curb the spread of coronavirus.2021-01-27T15:20:00"
US Stocks Sink as Investors Watch Earnings,Stock Market,"US Stocks Sink as Investors Watch EarningsUnited States Stock MarketWall Street sank on Wednesday, with the Dow Jones plunging more than 400 points and both the S&P 500 and the Nasdaq falling almost 2% as investors await more big-tech earnings reports and the Fed's monetary policy decision later in the day. Boeing shares were down around 4% after worst-than-expected quarterly results and net loss in 2020 hit a record. Meanwhile, earnings from AT&T, Abbott and Microsoft, Starbucks and Advanced Micro Devices released on Tuesday after the closing bell beat forecasts. Apple, Facebook and Tesla are due after the close. The Fed will likely leave the fed funds rate and the QE programme on hold but investors will be looking for clarity on tapering.2021-01-27T14:36:00"
Norfolk Southern earnings at 2.64 USD,Earnings,"Norfolk Southern earnings at 2.64 USDUnited States EarningsNorfolk Southern (NSC) released earnings per share at 2.64 USD, compared to market expectations of 2.48 USD.2021-01-27T13:15:45.427"
Abbott earnings at 1.45 USD,Earnings,"Abbott earnings at 1.45 USDUnited States EarningsAbbott (ABT) released earnings per share at 1.45 USD, compared to market expectations of 1.36 USD.2021-01-27T13:05:09.32"
Boeing earnings at -15.25 USD,Earnings,"Boeing earnings at -15.25 USDUnited States EarningsBoeing (BA) released earnings per share at -15.25 USD, compared to market expectations of -1.78 USD.2021-01-27T13:04:57.73"
"US Futures Sink Ahead of Big-Tech Earnings, Fed",Stock Market,"US Futures Sink Ahead of Big-Tech Earnings, FedUnited States Stock MarketUS futures plunged on Wednesday with the Dow Jones sinking more than 200 points and the Nasdaq failing to hold early gains as investors await more big-tech earnings reports and the Fed's monetary policy decision later in the day. Meanwhile, contracts on the S&P 500 futures were down 1%. Earnings from AT&T and Abbott surprised on the upside while Boeing results disappointed. Earnings from Microsoft, Starbucks and Advanced Micro Devices released on Tuesday after the closing bell also beat forecasts. Apple, Facebook and Tesla are due after the close. The Fed will likely leave the fed funds rate and the QE programme on hold but investors will be looking for clarity on tapering. On Tuesday, the Dow Jones lost 23 points or 0.1% to 30,937. The S&P 500 shed 6 points or 0.2% to 3,850. The Nasdaq retreated 10 points or 0.1% to 13,626..2021-01-27T12:37:00"
Blackstone earnings at 1.13 USD,Earnings,"Blackstone earnings at 1.13 USDUnited States EarningsBlackstone (BX) released earnings per share at 1.13 USD, compared to market expectations of 0.90 USD.2021-01-27T12:17:29.573"
ADP earnings at 1.52 USD,Earnings,"ADP earnings at 1.52 USDUnited States EarningsADP (ADP) released earnings per share at 1.52 USD, compared to market expectations of 1.29 USD.2021-01-27T12:17:22.753"
AT&T earnings at 0.75 USD,Earnings,"AT&T earnings at 0.75 USDUnited States EarningsAT&T (T) released earnings per share at 0.75 USD, compared to market expectations of 0.73 USD.2021-01-27T12:17:19.807"
Dollar Rebounds Ahead of Fed,Currency,"Dollar Rebounds Ahead of FedUnited States CurrencyThe dollar index rebounded to 90.4 on Wednesday as investors await the Fed monetary policy decision later in the day. Chairman Jerome Powell is due to confirm the US central bank's pledge to keep its monetary policy accommodative for the foreseeable future. Still, any clue about its exit strategy could be a key driver for prices. Meanwhile, the Euro extended losses after an ECB official said the central bank has the necessary tools to act on Euro strength and could cut the deposit rate further to keep inflation target. 2021-01-27T11:48:00"
Anthem earnings at 2.54 USD,Earnings,"Anthem earnings at 2.54 USDUnited States EarningsAnthem (ANTM) released earnings per share at 2.54 USD, compared to market expectations of 2.53 USD.2021-01-27T11:15:57.62"
Dollar Eases Ahead of Fed Meeting,Currency,"Dollar Eases Ahead of Fed MeetingUnited States CurrencyThe dollar index bottomed around 90.20 on Wednesday, moving away from weekly tops of 90.60 touched in the previous session, as investors unwind bullish bets ahead of the Federal Reserve's policy meeting. Chairman Jerome Powell is due to confirm the US central bank's pledge to keep its monetary policy accommodative for the foreseeable future. Still, any clue about its exit strategy could be a key driver for prices. The greenback has been under heavy pressure owing to the risks posed by record-high debt levels. On the fiscal front, US Senate Majority Leader Chuck Schumer said Biden and his Democrat-controlled Congress would move forward on its coronavirus relief plan without Republican support if necessary.2021-01-27T02:08:00"
API: US Crude Oil Inventories Unexpectedly Fall,API Crude Oil Stock Change,"API: US Crude Oil Inventories Unexpectedly FallUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States dropped by 5.27 million barrels in the week ended January 22nd, 2021, after a 2.56 million gain in the previous week and compared with market expectations of a 0.60 million rise, data from the American Petroleum Institute showed.2021-01-26T21:41:00"
Advanced Micro Devices earnings at 0.52 USD,Earnings,"Advanced Micro Devices earnings at 0.52 USDUnited States EarningsAdvanced Micro Devices (AMD) released earnings per share at 0.52 USD, compared to market expectations of 0.47 USD.2021-01-26T21:34:24.307"
Starbucks earnings at 0.61 USD,Earnings,"Starbucks earnings at 0.61 USDUnited States EarningsStarbucks (SBUX) released earnings per share at 0.61 USD, compared to market expectations of 0.55 USD.2021-01-26T21:11:59.54"
Microsoft earnings at 2.03 USD,Earnings,"Microsoft earnings at 2.03 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 2.03 USD, compared to market expectations of 1.64 USD.2021-01-26T21:10:46.907"
Texas Instruments earnings at 1.64 USD,Earnings,"Texas Instruments earnings at 1.64 USDUnited States EarningsTexas Instruments (TXN) released earnings per share at 1.64 USD, compared to market expectations of 1.34 USD.2021-01-26T21:05:15.957"
NASDAQ 100 CFD hits All-time High,Stock Market,NASDAQ 100 CFD hits All-time HighUnited States Stock MarketNASDAQ 100 CFD increased to an all-time high of 135642021-01-26T21:02:41.69
Dollar Struggles to Maintain Momentum,Currency,"Dollar Struggles to Maintain MomentumUnited States CurrencyThe dollar index rallied to weekly tops at 90.60 earlier this session as investors turned to safe-haven assets amid mounting concerns about the economic impact of the pandemic. However, this upside momentum rapidly lost steam, and the greenback bottomed around 90.10 in afternoon trading. Despite this recent flight to safety, the US currency continues under heavy pressure owing to the risks posed by record-high debt levels.  US Senate Majority Leader Chuck Schumer said Biden and his Democrat-controlled Congress would move forward on its coronavirus relief plan without Republican support if necessary.2021-01-26T19:40:00"
US COVID-19 Hospitalizations Decline,Coronavirus Cases,"US COVID-19 Hospitalizations DeclineUnited States Coronavirus CasesCOVID-19 hospitalizations in the US fell below 110,000 on Monday, the lowest level since December 13th and the number of patients in intensive care units also decreased slightly, according to data compiled by the Covid-19 Tracking Project. Also, new infections were under 200,000 for the ninth day in a row but more contagious coronavirus variants continue to worry while fatalities surpassed 421,000. So far 23.5 million doses of the Covid-19 vaccine have been administered with 3.44 million people receiving the second dose. Meantime, Johnson & Johnson said it expected to report data on its COVID-19 vaccine early next week, and that it would be able to meet the delivery target for doses to countries with which it had signed supply agreements.2021-01-26T15:54:00"
US House Prices Rise the Least in 5 Months: FHFA,FHFA House Price Index MoM,"US House Prices Rise the Least in 5 Months: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States went up 1 percent from a month earlier in November of 2020, easing from a 1.5 percent rise in October. It is the smallest monthly rise in house prices since June. Among Census divisions, increases were recorded for Pacific (1.6 percent); Mountain (1.3 percent); East South Central (1.2 percent); New England (1.2 percent); South Atlantic (1.1 percent); East North Central (1.1 percent); West North Central (0.4 percent); Middle Atlantic (0.4 percent) and West South Central (0.3 percent). Year-on-year, house prices surged 11 percent.2021-01-26T14:10:00"
ProLogis earnings at 0.95 USD,Earnings,"ProLogis earnings at 0.95 USDUnited States EarningsProLogis (PLD) released earnings per share at 0.95 USD, compared to market expectations of 0.92 USD.2021-01-26T14:07:41.883"
NextEra Energy earnings at 0.40 USD,Earnings,"NextEra Energy earnings at 0.40 USDUnited States EarningsNextEra Energy (NEE) released earnings per share at 0.40 USD, compared to market expectations of 0.39 USD.2021-01-26T13:13:12.307"
Lockheed Martin earnings at 6.38 USD,Earnings,"Lockheed Martin earnings at 6.38 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 6.38 USD, compared to market expectations of 6.38 USD.2021-01-26T13:12:58.343"
Verizon earnings at 1.21 USD,Earnings,"Verizon earnings at 1.21 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.21 USD, compared to market expectations of 1.17 USD.2021-01-26T12:32:59.183"
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 38632021-01-26T12:06:02.08
General Electric earnings at 0.08 USD,Earnings,"General Electric earnings at 0.08 USDUnited States EarningsGeneral Electric (GE) released earnings per share at 0.08 USD, compared to market expectations of 0.09 USD.2021-01-26T12:05:53.373"
American Express earnings at 1.76 USD,Earnings,"American Express earnings at 1.76 USDUnited States EarningsAmerican Express (AXP) released earnings per share at 1.76 USD, compared to market expectations of 1.31 USD.2021-01-26T12:05:37.817"
3M earnings at 2.38 USD,Earnings,"3M earnings at 2.38 USDUnited States Earnings3M (MMM) released earnings per share at 2.38 USD, compared to market expectations of 2.15 USD.2021-01-26T12:05:26.13"
Johnson & Johnson earnings at 1.86 USD,Earnings,"Johnson & Johnson earnings at 1.86 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 1.86 USD, compared to market expectations of 1.83 USD.2021-01-26T11:55:02.907"
Dollar Rises for 3rd Session,Currency,"Dollar Rises for 3rd SessionUnited States CurrencyThe dollar index strengthened for the 3rd consecutive session to 90.5 on Tuesday amid uncertainty regarding the $1.9 trillion stimulus plan and concerns over disruption to coronavirus vaccine supplies, rising infections and the economic impact of lockdowns in Europe. President Biden said he is open to negotiating the requirements of the $1,4000 COVID checks but Senate Majority Leader Chuck Schumer said that an aid package is unlikely before mid-March. Also, the Fed will start its two-day monetary policy meeting Tuesday and is expected to reinforce its commitment to a highly accommodative monetary policy and to clarify it won't taper anytime soon. 2021-01-26T08:41:00"
"US Stocks Close Mixed, Apple Nudges Nasdaq to High",Stock Market,"US Stocks Close Mixed, Apple Nudges Nasdaq to HighUnited States Stock MarketWall Street closed mixed once again in a volatile session with the S&P 500 and Nasdaq booking fresh highs, as investors turn their attention to earnings season and Big Tech reports. On Monday, shares of Apple nudged the Nasdaq higher ahead of its quarterly numbers. On the fiscal side, negotiations continue as President Joe Biden tries to push through a $1.9 trillion stimulus program that many congressional Republicans oppose. On the pandemic front, hospitalizations continue to trend down at a painfully slow level and vaccinations roll out as expected. The Dow Jones lost 0.1%. In contrast, the S&P 500 jumped 0.4% and the Nasdaq 0.7% to book new records.2021-01-25T21:05:00"
Wall Street Struggles to Gain Traction,Stock Market,"Wall Street Struggles to Gain TractionUnited States Stock MarketUS equities have been fluctuating between slight losses and gains on Monday pausing a stellar stimulus-fuelled rally. Expectations of the strong earnings by big tech kept the Nasdaq Composite and the S&P 500 mostly on the green while the slow COVID-19 vaccine rollouts and a worsening pandemic weighed on the Dow Jones. Apple and Tesla were among the biggest gainers, both up almost 3%. The shift in sentiment was accompanied by doubts whether President Biden can push forwards with his massive $1.9 trillion emergency package.  2021-01-25T18:51:00"
Dollar Gains on Safe-Haven Buying,Currency,"Dollar Gains on Safe-Haven BuyingUnited States CurrencyThe dollar index remained steady at 90.40 on Tuesday, as investors sought shelter in the safe-haven assets amid surging coronavirus cases and a slower-than-expected COVID-19 vaccine rollout in the United States. Despite the recent rebound, the dollar’s weakness is likely to continue well into 2021. Biden and his Democrat-controlled Congress are due to roll out massive spending plans that include extra $1,400 checks for most Americans, a temporary boost in unemployment benefits and a rise in the federal minimum wage to $15 per hour. Large budget and current account deficits have made the greenback an increasingly unattractive investment. 2021-01-25T18:36:00"
Nasdaq Falls from Records,Stock Market,"Nasdaq Falls from RecordsUnited States Stock MarketThe Dow Jones extended losses, the S&P 500 erased early gains and the Nasdaq reversed from record highs hit earlier in the session as investors brace for a very busy week of economic data, Fed's monetary policy decision and corporate earnings but remain concerned over rising coronavirus infections and that fiscal aid package may be delayed. President Joe Biden's top economic official held a call with 16 senators on Sunday to discuss the $1.9 trillion coronavirus-aid plan. Lawmakers supported funding for distributing Covid-19 vaccines and for coronavirus testing but some Republicans have doubts over its size. On the corporate front, quarterly results from Apple, Microsoft, Facebook and Tesla are due this week.2021-01-25T16:12:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 21762021-01-25T14:59:10.54
S&P and Nasdaq Gain on Monday,Stock Market,"S&P and Nasdaq Gain on MondayUnited States Stock MarketThe S&P 500 opened in the green and the Nasdaq hit a record high on Monday, with Apple shares surging more than 3% ahead of earnings reports. Meanwhile, the Dow Jones fell around 80 points as investors brace for a very busy week of economic data, Fed's monetary policy decision and corporate earnings but remain concerned over rising coronavirus infections and disruptions to vaccine supply. Traders remained confident more stimulus will be unveiled soon by the new administration as President Joe Biden's top economic official held a call with 16 senators on Sunday to discuss the $1.9 trillion coronavirus-aid plan. Lawmakers supported funding for distributing Covid-19 vaccines and for coronavirus testing but some Republicans have doubts over its size. On the corporate front, quarterly results from Apple, Microsoft, Facebook and Tesla are due this week.2021-01-25T14:35:00"
Kimberly Clark earnings at 1.69 USD,Earnings,"Kimberly Clark earnings at 1.69 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 1.69 USD, compared to market expectations of 1.62 USD.2021-01-25T12:47:59.477"
Dollar at 2-Week Low on Stimulus Hopes,Currency,"Dollar at 2-Week Low on Stimulus HopesUnited States CurrencyThe dollar index depreciated to 90.2 on Monday, the lowest on a closing basis in 2 weeks, amid renewed hopes of further stimulus in the US. President Joe Biden's top economic official held a call with 16 senators on Sunday to discuss the $1.9 trillion coronavirus-aid plan presented by the new US President. Lawmakers supported funding for distributing Covid-19 vaccines and for coronavirus testing but the plan still faces Republican objections as some have doubts over its size. Meanwhile, the Fed will finish its 2-day monetary policy meeting on Wednesday and is expected to reinforce its commitment to a highly accommodative monetary policy and to clarify it won't taper anytime soon. Last week, the dollar lost 0.6%, the worst week so far this year. 2021-01-25T08:24:00"
US Stock Futures Point to Higher Open,Stock Market,"US Stock Futures Point to Higher OpenUnited States Stock MarketUS stock futures traded higher on Monday, amid optimism that the new US administration would pass a promised $1.9 trillion in fiscal aid. Meantime, lawmakers from the Republics and the Democrats said they had agreed that getting the virus vaccine to Americans should be a priority. Traders are anticipating a busy week of earnings, economic data reports, and the Federal Reserve’s monetary policy meeting. On Friday, the Dow Jones fell 179 points or 0.6% to 30,997, and the S&P 500 lost 12 points or 0.3% to 3842. The Nasdaq, meantime, edged up 12 points or 0.1% to 13,543. During the week, the Dow Jones increased 0.6%, the S&P 500 2.0% and the Nasdaq 4.2%.2021-01-25T07:08:00"
US Stock Futures Gain Ahead of Busy Week,Stock Market,"US Stock Futures Gain Ahead of Busy WeekUnited States Stock MarketUS stock-index futures climbed modestly on Sunday night, with investors bracing for a busy week of earnings, economic data reports and the Federal Reserve’s monetary policy meeting. The earnings season will kick into higher gear, with Apple, Tesla, Facebook, and Microsoft set to be among the most highly anticipated.  Steady growth and resilience in the face of the coronavirus crisis made the tech sector an attractive investment. However, worries increase over frothy valuations as the coronavirus pandemic in the US is far from controlled. Last week, the Dow Jones added 0.6%, the S&P 500 rose 2.0% and the Nasdaq jumped 4.2%.
2021-01-25T02:53:00"
NASDAQ 100 CFD hits All-time High,Stock Market,NASDAQ 100 CFD hits All-time HighUnited States Stock MarketNASDAQ 100 CFD increased to an all-time high of 134362021-01-25T00:28:48.79
Dollar Outlook Remains Bearish,Currency,"Dollar Outlook Remains BearishUnited States CurrencyThe dollar index bottomed around 90.20 on Monday, spurred on by some safe-haven demand stemming from the ongoing coronavirus crisis. A slower-than-expected COVID-19 vaccine rollout in the United States raised concerns that a further spread of the virus might derail the economic recovery. However, this upside momentum seems temporary, with bearish signals emanating from a larger fiscal deficit. US President-elect Joe Biden has pushed for a $1.9 trillion rescue package that includes extra $1,400 checks for most Americans, a temporary boost in unemployment benefits and a rise in the federal minimum wage to $15 per hour. Treasury Secretary nominee Janet Yellen backed the plan during her Senate hearing last week, saying the benefits outweigh the costs of a higher debt burden. 2021-01-25T00:25:00"
US Crude Inventories Jump for 1st Time in 6 Weeks,Crude Oil Stocks Change,"US Crude Inventories Jump for 1st Time in 6 WeeksUnited States Crude Oil Stocks ChangeUS crude oil inventories jumped by 4.351 million barrels in the week ended January 15th, 2021, the first increase in six weeks and compared to market forecasts of a 1.167 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories decreased by 0.26 million barrels, while markets had forecast 2.771 million increase.2021-01-22T16:04:00"
US Private Sector Activity Rises Sharply,Composite PMI,"US Private Sector Activity Rises SharplyUnited States Composite PMIThe IHS Markit US Composite PMI climbed to 58 in January 2021 from 55.3 in the previous month, a preliminary estimate showed. The private sector seemed to regain growth momentum at the start of 2021, as the pace of increase quickened to the second-fastest since March 2015. At the same time, private sector businesses signalled another monthly increase in new business and a renewed and solid rise in new export orders during January. Backlogs of work stagnated as the rate of job creation eased to only a modest pace. Meanwhile, inflationary pressures intensified as supplier delays and shortages pushed input prices higher.  Private sector business confidence picked up in January, on hopes that the vaccine rollout will be a success and business conditions will improve by the second half of 2021. 2021-01-22T14:59:51.263"
Dollar Loses Further Ground,Currency,"Dollar Loses Further Ground United States CurrencyThe dollar index depreciated to fresh weekly lows in the 90.00 mark, as optimism about a massive stimulus package drove investors into riskier currencies, such as the New Zealand and Australian dollars. Biden and his Democrat-controlled Congress are due to roll out massive spending plans that include extra $1,400 checks for most Americans, a temporary boost in unemployment benefits, and a rise in the federal minimum wage to $15 per hour. Treasury Secretary nominee Janet Yellen backed the plan during her Senate hearing earlier in the week, saying the benefits outweigh the costs of a higher debt burden. Her remarks also made clear the commitment to market-determined exchange rates saying the US does not seek a weaker dollar for competitive advantage. As a result, the greenback heads for its first weekly decline in 2021. 2021-01-21T22:39:49.473"
Intuitive Surgical earnings at 3.58 USD,Earnings,"Intuitive Surgical earnings at 3.58 USDUnited States EarningsIntuitive Surgical (ISRG) released earnings per share at 3.58 USD, compared to market expectations of 3.10 USD.2021-01-21T21:44:29.877"
IBM earnings at 2.07 USD,Earnings,"IBM earnings at 2.07 USDUnited States EarningsIBM (IBM) released earnings per share at 2.07 USD, compared to market expectations of 1.78 USD.2021-01-21T21:44:26.973"
CSX earnings at 1.04 USD,Earnings,"CSX earnings at 1.04 USDUnited States EarningsCSX (CSX) released earnings per share at 1.04 USD, compared to market expectations of 1.00 USD.2021-01-21T21:11:40.133"
Intel earnings at 1.52 USD,Earnings,"Intel earnings at 1.52 USDUnited States EarningsIntel (INTC) released earnings per share at 1.52 USD, compared to market expectations of 1.10 USD.2021-01-21T21:00:45.547"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 133502021-01-21T14:30:05.587
Factory Activity in Philadelphia Beats Forecasts,Philadelphia Fed Manufacturing Index,"Factory Activity in Philadelphia Beats ForecastsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US jumped to 26.5 in January of 2021 from a revised 9.1 in December and well above market expectations of 12. It was the highest reading since October, as the index for new orders (30.0 from 1.9 in December) increased to its highest level in three months. Further improvements were seen in shipments (22.7 from 12.0) and employment (22.5 from 5.6), while cost pressures intensified for prices paid (45.4 from 24.9) and received (36.6 from 16.1). 2021-01-21T13:44:00"
US Building Permits Hit Highest Since 2006,Building Permits,"US Building Permits Hit Highest Since 2006United States Building PermitsBuilding permits in the United States soared 4.5 percent from a month earlier to a seasonally adjusted annual rate of 1.709 million in December of 2020, well above market expectations of 1.60 million and the highest level since August of 2006. Single family authorizations rose 7.8 percent to a rate of 1.226 million while permits for buildings with five units or more fell 2.0 percent to a rate of 437 thousand. Across regions permits went up in the Midwest (13.6 percent to 251 thousand), West (11.2 percent to 438 thousand) and South (1.3 percent to 879), while they fell in the Northeast (-7.2 percent to 141 thousand). 2021-01-21T13:41:00"
Union Pacific earnings at 2.36 USD,Earnings,"Union Pacific earnings at 2.36 USDUnited States EarningsUnion Pacific (UNP) released earnings per share at 2.36 USD, compared to market expectations of 2.23 USD.2021-01-21T13:12:56.82"
Dow Jones CFD hits All-time High,Stock Market,Dow Jones CFD hits All-time HighUnited States Stock MarketDow Jones CFD increased to an all-time high of 312762021-01-21T11:59:59.51
US Stock Future Rises Slightly,Stock Market,"US Stock Future Rises SlightlyUnited States Stock MarketUS stock futures traded slightly higher on Thursday on optimism for more aid after Joe Biden’s inauguration. Meanwhile, Republicans in Congress signaled a willingness to work with Biden, though several voiced opposition to his $1.9 trillion proposed stimulus. On the corporate front, Procter & Gamble Co raised its full-year sales forecast for a second time as it benefited from COVID-19 -driven demand for cleaning products, while also mentioning that the pace of sales might slow as vaccines rollout continue. Meantime, United Airlines said it aims to cut about $2 billion of annual costs through 2023 after pandemic-triggered loss in Q4. On Wednesday, all three major US indexes finished in record territory as Biden takes the presidency. The Dow Jones surged 285 points or 0.9% to 31,215. The S&P 500 jumped 53 points or 1.5% to 3,852. The Nasdaq soared 260 points or 2% to 13,467.



2021-01-21T06:38:00"
S&P 500 CFD hits All-time High,Stock Market,S&P 500 CFD hits All-time HighUnited States Stock MarketS&P 500 CFD increased to an all-time high of 38602021-01-21T01:03:21.593
API: US Crude Oil Inventories Unexpectedly Rise,API Crude Oil Stock Change,"API: US Crude Oil Inventories Unexpectedly Rise United States API Crude Oil Stock ChangeStocks of crude oil in the United States jumped by 2.562 million barrels in the week ended January 15th, 2020, after a 5.821 million drop in the previous week and compared with market expectations of a 0.280 million fall, data from the American Petroleum Institute showed.2021-01-20T21:40:00"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 311952021-01-20T20:41:50.607
US Stocks Rise as Biden Sworn in as President,Stock Market,"US Stocks Rise as Biden Sworn in as PresidentUnited States Stock MarketThe Dow Jones rose more than 200 points and both the S&P 500 and Nasdaq hit record highs on Wednesday as investors welcomed a peaceful Biden’s inauguration and strong earnings reports. During his speech, Joe Biden said the US must end 'uncivil war' between factions. The 46th US President will also sign 15 executive orders in the afternoon related to the pandemic, the economy, climate change and racial inequity, incoming Press Secretary Jen Psaki said. On Tuesday, Janet Yellen, who is Biden's nominee for Treasury Secretary, urged lawmakers to “act big” in efforts to rescue the economy, during her Senate hearing. On the corporate front, Netflix EPS released after the closing bell on Tuesday came lower-than-expected but the company reported strong subscriber growth. Results from Morgan Stanley, P&G and Bank Of New York Mellon also beat on the upside. UnitedHealth earnings came above forecasts although its quarterly profit fell nearly 38%.2021-01-20T17:55:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 21672021-01-20T14:51:59.887
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 38272021-01-20T14:50:02.403
US Stocks Rise on Biden's Inauguration,Stock Market,"US Stocks Rise on Biden's InaugurationUnited States Stock MarketThe Dow Jones rose more than 150 points and both the S&P 500 and Nasdaq hit record highs on Wednesday as investors follow President-elect Joe Biden’s inauguration and strong earnings reports. Biden is expected to provide more details on the $1.9 trillion stimulus plan during his speech and will sign 15 executive orders in the afternoon related to the pandemic, the economy, climate change and racial inequity, incoming Press Secretary Jen Psaki said. On Tuesday, Janet Yellen, who is Biden's nominee for Treasury Secretary, urged lawmakers to “act big” in efforts to rescue the economy, during her Senate hearing. On the corporate front, Netflix EPS released after the closing bell on Tuesday came lower-than-expected but the company reported strong subscriber growth. Results from Morgan Stanley, P&G and Bank Of New York Mellon also beat on the upside. UnitedHealth earnings came above forecasts although its quarterly profit fell nearly 38%.2021-01-20T14:34:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 131472021-01-20T14:30:01.737
Morgan Stanley earnings at 1.92 USD,Earnings,"Morgan Stanley earnings at 1.92 USDUnited States EarningsMorgan Stanley (MS) released earnings per share at 1.92 USD, compared to market expectations of 1.29 USD.2021-01-20T13:11:37.037"
US Bancorp earnings at 0.95 USD,Earnings,"US Bancorp earnings at 0.95 USDUnited States EarningsUS Bancorp (USB) released earnings per share at 0.95 USD, compared to market expectations of 0.95 USD.2021-01-20T12:13:52.043"
US Mortgage Applications Fall for 1st Time in 3 Weeks,Mortgage Applications,"US Mortgage Applications Fall for 1st Time in 3 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States fell 1.9 percent in the week ended January 15th, following two consecutive weeks of increases, data from the Mortgage Bankers Association showed. Applications to refinance a home loan dropped 4.7 percent, but were up 87 percent year-on-year; while those to purchase a home rose 2.7 percent, and were 15 percent higher than a year ago. The average fixed 30-year mortgage rate was up 4 basis point to 2.92 percent last week, the highest level since late November.2021-01-20T12:08:00"
Procter & Gamble earnings at 1.64 USD,Earnings,"Procter & Gamble earnings at 1.64 USDUnited States EarningsProcter & Gamble (PG) released earnings per share at 1.64 USD, compared to market expectations of 1.51 USD.2021-01-20T12:03:21.517"
UnitedHealth earnings at 2.52 USD,Earnings,"UnitedHealth earnings at 2.52 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 2.52 USD, compared to market expectations of 2.41 USD.2021-01-20T11:12:43.857"
US Futures Higher Ahead of Biden Inauguration,Stock Market,"US Futures Higher Ahead of Biden InaugurationUnited States Stock MarketUS futures were higher on Wednesday as investors await President-elect Joe Biden’s inauguration later in the day. In his speech, Biden is expected to provide more details on the $1.9 trillion stimulus plan and traders will also be looking for any changes in policy. On Tuesday, Janet Yellen, who is Biden's nominee for Treasury Secretary, urged lawmakers to “act big” in efforts to rescue the economy, during her Senate hearing. On the corporate front, Netflix EPS released after the closing bell on Tuesday came lower-than-expected but the company reported strong subscriber growth. Results from Morgan Stanley, P&G and Bank Of New York Mellon also beat on the upside. UnitedHealth earnings came above forecasts although its quarterly profit fell nearly 38%. On Tuesday, the Dow Jones rose 116 points or 0.4% to 30,931. The S&P 500 gained 31 points or 0.8% to 3,799. The Nasdaq jumped 199 points or 1.5% to 13,197.2021-01-20T08:32:00"
US Stock Futures Point to Flat Opening,Stock Market,"US Stock Futures Point to Flat OpeningUnited States Stock MarketUS stock futures were little changed on Wednesday as Joe Biden takes over the presidency. Investors weighed the prospects of a large fiscal stimulus against concerns about high valuations that are approaching levels last seen in the Dotcom era. On the corporate side, Walt Disney said Tuesday that it had scrapped performance-based bonuses last year for top executives as the company tries to soften the impact of the COVID-19 shocks. Meantime, Netflix mentioned that its global subscriber topped 200 million at the end of 2020, adding that it will not need to borrow to run the business of TV shows and movies. On Tuesday, the Dow Jones rose 116 points or 0.4% to 30,931. The S&P 500 gained 31 points or 0.8% to 3,799. The Nasdaq jumped 199 points or 1.5% to 13,197.
2021-01-20T06:40:00"
Netflix earnings at 1.19 USD,Earnings,"Netflix earnings at 1.19 USDUnited States EarningsNetflix (NFLX) released earnings per share at 1.19 USD, compared to market expectations of 1.35 USD.2021-01-19T21:05:27.63"
US Stocks Rebound on Tuesday,Stock Market,"US Stocks Rebound on TuesdayUnited States Stock MarketWall Street closed in the green for the first session in three on Tuesday, as stimulus bets and vaccinations plans outweighed lacklustre bank earnings. On Sunday, Dr. Rochelle Walenksy, President Biden’s pick to lead the CDC, said she is confident the US will have enough vaccine doses to inoculate 100 million people in 100 days. On the corporate side, shares of Goldman Sachs closed 2.3% lower despite beating both earnings and revenue forecasts. Meanwhile, shares of Bank of America closed lower after the bank exceeded earnings expectations but booked disappointing revenue. The Dow Jones added 116 points or 0.4% to 30,931. The S&P 500 gained 31 points or 0.8% to 3799. The Nasdaq jumped 199 points or 1.5% to 13,197.2021-01-19T21:04:00"
Dollar Under Renewed Pressure,Currency,"Dollar Under Renewed PressureUnited States CurrencyThe dollar index bottomed around 90.40 on Thursday, moving away from a four-week peak of 90.95 touched earlier this week, as a recent rally fuelled by safe-haven demand stemming from the coronavirus crises as well as higher Treasury yields run out of steam. The shift in sentiment was driven by prospects of more economic stimulus in the US to aid the coronavirus-battered economy. Treasury Secretary nominee Janet Yellen backed a $1.9 trillion stimulus package unveiled by President-elect Joe Biden last week, saying the benefits outweigh the costs of a higher debt burden.
2021-01-19T19:06:00"
US Stocks Mostly Higher,Stock Market,"US Stocks Mostly HigherUnited States Stock MarketWall Street's main indexes began a holiday-shortened week higher as investors reviewed earnings reports from big banks, while the prospect of a stimulus-driven economic recovery eclipsed concerns about the pandemic in the near-term. Treasury Secretary nominee Janet Yellen advocated for large-scale fiscal aid to help nurse the economy through the coronavirus crises, saying the benefits outweigh the costs of a higher debt burden. Meantime, the earnings season continues with earnings from Bank of America and Goldman Sachs beating forecasts while Netflix is due to report after the close.2021-01-19T18:33:04.883"
Dollar Extends Losses as Yellen Testifies,Currency,"Dollar Extends Losses as Yellen TestifiesUnited States CurrencyThe dollar index retreated further to 90.5 on Tuesday from a 5-week high of 90.9 hit in the previous session, as investors digest Yellen's Senate confirmation hearing. Janet Yellen, who is Biden's nominee for Treasury Secretary, said the value of the USD and other currencies should be determined by markets and that she believes parts of 2017 tax cuts for wealthy Americans and large companies should be partially repealed. She also added that without more aid, the COVID-19 induced recession may leave permanent scars on the US economy.2021-01-19T16:45:00"
US Stocks Pare Some Gains as Yellen Testifies,Stock Market,"US Stocks Pare Some Gains as Yellen TestifiesUnited States Stock MarketDow Jones was up 90 points after jumping more than 200 points at the open as investors digest Janet Yellen's Senate confirmation hearing. Yellen, who is Biden's nominee for Treasury Secretary, said the value of the USD and other currencies should be determined by markets and that she believes parts of 2017 tax cuts for wealthy Americans and large companies should be partially repealed. She also added that without more aid, the COVID-19 induced recession may leave permanent scars on the US economy. Meanwhile, the earnings season continues with earnings from Bank of America and Goldman Sachs beating forecasts while Netflix is due to report after the close. The S&P 500 was up 0.2% and the Nasdaq 0.4%.2021-01-19T16:34:00"
Wall Street Gains Ahead of Yellen Confirmation,Stock Market,"Wall Street Gains Ahead of Yellen ConfirmationUnited States Stock MarketUS stocks traded in the green on Tuesday, with the Dow Jones surging more than 200 points as investors return from the Martin Luther King Day holiday weekend, and prepare for Janet Yellen's Senate confirmation hearing later in the day and Joe Biden's inauguration on Wednesday. Yellen, who is Biden's nominee for Treasury Secretary, is expected to tell lawmakers the US does not seek a weaker dollar and will likely urge Congress to do more to help the economy, including approval of the $1.9 trillion plan presented last week by Joe Biden. Meanwhile, the earnings season continues with earnings from Bank of America and Goldman Sachs beating forecasts while Netflix is due to report after the close. The S&P 500 was up around 0.5% and the Nasdaq nearly 0.9%.2021-01-19T14:34:00"
Charles Schwab earnings at 0.74 USD,Earnings,"Charles Schwab earnings at 0.74 USDUnited States EarningsCharles Schwab (SCHW) released earnings per share at 0.74 USD, compared to market expectations of 0.70 USD.2021-01-19T14:05:09.41"
Goldman Sachs earnings at 12.08 USD,Earnings,"Goldman Sachs earnings at 12.08 USDUnited States EarningsGoldman Sachs (GS) released earnings per share at 12.08 USD, compared to market expectations of 6.99 USD.2021-01-19T13:10:33.387"
Bank Of America earnings at 0.59 USD,Earnings,"Bank Of America earnings at 0.59 USDUnited States EarningsBank Of America (BAC) released earnings per share at 0.59 USD, compared to market expectations of 0.55 USD.2021-01-19T12:15:45.03"
Dollar Index Trades at 4-Week Highs,Currency,"Dollar Index Trades at 4-Week HighsUnited States CurrencyThe US Dollar Index lifted 0.54 points or 0.06% to fresh 4-week highs of 90.779 in early deals Tuesday as US stock and bond markets remained closed for a public holiday. Meantime, Janet Yellen, President-elect Joe Biden’s nominee for Treasury Secretary, will tell lawmakers at her confirmation hearing later in the session that the United States needs a robust set of fiscal stimulus measures to get the pandemic-stricken economy back on track, noting that “right now, with interest rates at historic lows, the smartest thing we can do is act big,” and warning of “a longer, more painful recession” and “long-term scarring” if it did not move quickly to inject more government spending into the economy. The news follows weak US data on Friday and surging novel coronavirus infection rates as the country added 177,918 fresh infections on Sunday.2021-01-19T00:05:00"
Dow Futures Lower on Martin Luther King Holiday,Stock Market,"Dow Futures Lower on Martin Luther King HolidayUnited States Stock MarketDow Jones futures were trading lower on Monday while both the S&P and the Nasdaq traded around the flatline amid rising coronavirus cases and restrictions and doubts over whether Congress will pass Joe Biden’s $1.9 trillion coronavirus relief plan. Meanwhile, US President-elect Joe Biden is due to be inaugurated on Wednesday amid risks of violence and security concerns. Coronavirus deaths in the US are approaching 400K and the number is expected to reach 500K next month, according to incoming CDC director. US financial markets are closed Monday for the Martin Luther King holiday.2021-01-18T12:51:00"
US Futures Lower on Martin Luther King Holiday,Stock Market,"US Futures Lower on Martin Luther King HolidayUnited States Stock MarketUS futures were trading lower on Monday amid rising coronavirus cases and restrictions and doubts over whether Congress will pass Joe Biden’s $1.9 trillion coronavirus relief plan. Meanwhile, US President-elect Joe Biden is due to be inaugurated on Wednesday amid risks of violence and security concerns. Coronavirus deaths in the US are approaching 400K and the number is expected to reach 500K next month, according to incoming CDC director. US financial markets are closed Monday for the Martin Luther King holiday.2021-01-18T09:59:00"
Dollar Index Extends 4-Week Highs,Currency,"Dollar Index Extends 4-Week HighsUnited States CurrencyThe US Dollar Index lifted 0.539 points or 0.6% to 4-week highs of 90.784 on Monday after  posting its strongest weekly rise in 11 weeks amid hopes for an economic recovery in the US lifted following President-elect Joe Biden’s US$1.9 trillion coronavirus rescue package last Thursday. The American Rescue Plan is set to include extra $1,400 checks for most Americans, a temporary boost in unemployment benefits, and a rise in the federal minimum wage to $15 per hour. In recent data, US retail trade fell 0.7% from a month earlier in December, the third consecutive month of declines. Stock and bond markets will remain closed on Monday for the Martin Luther King Jr. Day2021-01-18T00:49:00"
US Futures Extend Declines,Stock Market,"US Futures Extend DeclinesUnited States Stock MarketUS Futures continued to retreat in early trade on Monday as market participants digested Biden’s US$1.9 trillion coronavirus rescue package, called the American Rescue Plan, which includes extra $1,400 checks for most Americans, a temporary boost in unemployment benefits, and a rise in the federal minimum wage to $15 per hour. Meantime, Biden is planning a 10-day blitz of executive action on what his administration is calling the “four crises” facing the country — Covid-19, the economic downturn, racial injustice and climate change. In other news, earnings season ramps up when investors return on Tuesday, while stock and bond markets closed on Monday for the Martin Luther King Jr. Day. In recent data, US retail trade fell 0.7% from a month earlier in December, the third consecutive month of declines. Last week, the Dow Jones retreated 177 points to 30,814. The S&P 500 shed 27 points to 3768. The Nasdaq lost 114 points to 12,999. 2021-01-18T00:19:00"
Dollar Index Hits 4-week High,currency,Dollar Index Hits 4-week HighUnited States currencyDXY increased to a 4-week high of 90.8742021-01-18T00:00:22.763
US Covid-19 Cases Surpass 23.3 Million,Coronavirus Cases,"US Covid-19 Cases Surpass 23.3 MillionUnited States Coronavirus CasesThe number of people infected with the coronavirus in the US rose by 229,000 on Thursday, bringing the nationwide total to 23.3 million, according to data released by the Johns Hopkins University. The world's largest economy is also facing its deadliest period of the pandemic so far, with daily fatalities averaging over 3,300 each day over the past week. So far 11.1 million doses of the Covid-19 vaccine have been administered, according to data from the US Centers for Disease Control and Prevention. US president-elect Joe Biden has vowed to get 100 million COVID-19 vaccine doses injected into Americans in his first 100 days in office.2021-01-15T16:48:00"
US Business Inventories in line with Forecasts,Business Inventories,"US Business Inventories in line with ForecastsUnited States Business InventoriesManufacturers’ and trade inventories in the US rose by 0.5 percent from a month earlier in November of 2020, following an upwardly revised 0.8 percent growth in October and in line with market expectations. Stocks increased at manufacturers (0.7 percent vs 0.3 percent) and retailers (0.7 percent vs 0.9 percent) but were unchanged at merchant wholesalers. Year-on-year, business inventories fell 3.2 percent.2021-01-15T15:04:54.947"
Wells Fargo earnings at 0.64 USD,Earnings,"Wells Fargo earnings at 0.64 USDUnited States EarningsWells Fargo (WFC) released earnings per share at 0.64 USD, compared to market expectations of 0.59 USD.2021-01-15T13:42:55.117"
Business Activity Growth in NY Lowest in 7 Months,NY Empire State Manufacturing Index,"Business Activity Growth in NY Lowest in 7 MonthsUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index fell to 3.5 in January of 2021, the lowest since June, from 4.9 in December and below market forecasts of 6. Unfilled orders continued to move lower (-5.5 vs -3.6 in December) and delivery times continued to lengthen somewhat (5.5 vs 4.3). Meanwhile, new orders (6.6 vs 3.4) and shipments edged higher (7.3 vs 12.1). Employment levels increased modestly (11.2 vs 14.2) and the average workweek lengthened (6.3 vs 4.8). Input price increases and selling price increases both picked up noticeably. Looking ahead, firms remained optimistic that conditions would improve over the next six months (31.9 vs 36.3).

2021-01-15T13:34:00"
US Producer Prices Rise Slightly Less than Expected,Producer Price Inflation MoM,"US Producer Prices Rise Slightly Less than ExpectedUnited States Producer Price Inflation MoMProducer prices for final demand in the US increased 0.3 percent from a month earlier in December of 2020, following a 0.1 percent rise in November and slightly lower than market consensus of a 0.4 percent gain. Prices of goods went up 1.1 percent, the largest increase since moving up 1.5 percent in May. Nearly half of the December increase is due to gasoline prices, which jumped 16.1 percent. The indexes for iron and steel, diesel fuel, jet fuel, meats, and home heating oil also moved higher. In contrast, prices of services edged down 0.1 percent, the first decrease since falling 0.4 percent in April. Leading the December decline, margins for final demand trade services decreased 0.8 percent and cost of transportation and warehousing services edged down 0.1 percent. Year-on-year, producer prices went up 0.8 percent, the same as in November. 2021-01-15T13:33:00"
Citigroup earnings at 2.08 USD,Earnings,"Citigroup earnings at 2.08 USDUnited States EarningsCitigroup (C) released earnings per share at 2.08 USD, compared to market expectations of 1.30 USD.2021-01-15T13:14:03.807"
PNC earnings at 3.26 USD,Earnings,"PNC earnings at 3.26 USDUnited States EarningsPNC (PNC) released earnings per share at 3.26 USD, compared to market expectations of 2.59 USD.2021-01-15T12:09:29.26"
JPMorgan Chase earnings at 3.79 USD,Earnings,"JPMorgan Chase earnings at 3.79 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 3.79 USD, compared to market expectations of 2.56 USD.2021-01-15T12:06:04.057"
Dollar Set for Further Weakness,Currency,"Dollar Set for Further Weakness United States CurrencyThe dollar index managed to hold above the 90.00 marks on Friday, buoyed by higher Treasury yields and some safe-haven flow as the virus worries grow and political turmoil intensified. However, this upside momentum lacked any strong fundamental, with bearish signals emanating from the high debt levels. US President-elect Joe Biden has unveiled a $1.9 trillion rescue package, called the American Rescue Plan, that includes $1,400 checks for most Americans, a temporary boost in unemployment benefits and a rise in the federal minimum wage to $15 per hour. Furthermore, dovish-sounding remarks from the Chairman of the Federal Reserve put further pressure in the US currency. Jerome Powell dismissed the idea that the Fed could taper its asset purchases any time soon, reiterating the central bank committed to using its full range of tools to support the US economy.2021-01-15T00:36:24.833"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 21322021-01-14T14:48:56.703
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 311942021-01-14T14:40:45.293
US Export Prices Rise the Most in 6 Months,Export Prices MoM,"US Export Prices Rise the Most in 6 MonthsUnited States Export Prices MoMExport prices in the US advanced 1.1 percent from a month earlier in December of 2020, the most since June, following an upwardly revised 0.7 percent increase in November and above market expectations of 0.4 percent. It was the seventh straight monthly rise in export prices. The cost of agricultural export climbed 0.6 percent, as higher prices for soybeans more than offset declining prices for vegetables and dairy products. Prices for nonagricultural exports advanced 1.3 percent, the most since a 1.7 percent rise in June 2020, due to the higher cost of nonagricultural industrial supplies and materials. Cost also rose for consumer goods, capital goods, automotive vehicles, and nonagricultural foods, feeds, and beverages. Year-on-year, export prices went up 0.2 percent, rebounding from a 1.1 percent fall in the previous month. It was the first yearly rise in export prices since January. 2021-01-14T13:33:00"
BlackRock earnings at 10.18 USD,Earnings,"BlackRock earnings at 10.18 USDUnited States EarningsBlackRock (BLK) released earnings per share at 10.18 USD, compared to market expectations of 8.66 USD.2021-01-14T12:09:19.167"
US Dollar Regains Momentum,Currency,"US Dollar Regains MomentumUnited States CurrencyThe dollar index managed to hold above the 90.00 marks on Friday, amid some safe-haven flows as the virus worries grow and political turmoil intensifies with Donald Trump becoming the first President to be impeached twice. Meanwhile, several Fed policymakers dismissed the idea of the US central bank tapering its asset purchases any time soon, as a deteriorating job market highlighted the economic pain still inflicted by the ongoing pandemic.2021-01-13T20:01:00"
US Crude Inventories Drop for 5th Straight Week,Crude Oil Stocks Change,"US Crude Inventories Drop for 5th Straight WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 3.247 million barrels in the week ended January 8th, 2021, a fifth consecutive period of decline and compared with market expectations of a 2.266 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 4.395 million barrels, while markets had forecast a smaller 2.695 million increase.2021-01-13T15:39:24.353"
Dollar Index Remains Near 90,Currency,"Dollar Index Remains Near 90United States CurrencyThe dollar index strengthened to 90.3 on Wednesday as a recent rally fuelled by soaring Treasury yields seems to be running out of the stream and as Fed officials James Bullard and Eric Rosengren said Tuesday monetary support will still be needed for some time. Meanwhile, the euro remained under pressure due to rising coronavirus cases and fresh lockdowns in Europe and after ECB Villeroy de Galhau said that the ECB will keep an easy stance for as long as needed. Still, the long-term outlook for the USD remains bearish, as an increase in fiscal spending would raise the budget and current account deficits, making the greenback an increasingly unattractive investment.2021-01-13T11:14:00"
"US Futures Lack Direction as Investors Assess Stimulus, Political Turmoil",Stock Market,"US Futures Lack Direction as Investors Assess Stimulus, Political TurmoilUnited States Stock MarketUS futures were little changed on Wednesday as investors digest prospects of more fiscal stimulus, political turmoil and rising coronavirus cases. Joe Biden is expected to give more details on his trillions of dollars economic package on Thursday but Bloomberg reported that he will seek a deal with Republicans, rather than trying to ram a package through without their support. Meanwhile, the House voted 223-205 to call on Mike Pence to invoke the 25th Amendment to remove President Trump from office although the Vice President rejected it. On the corporate front, the earnings season will kick off later in the week with reports from Citigroup, Wells Fargo and JPMorgan. S&P 500 earnings are seen dropping 12% yoy in the final three months of 2020, according to data from Bloomberg. On Tuesday, the Dow Jones gained 60 points or 0.2% to 31,069. The S&P 500 edged up less than 0.1% to 3,801. The Nasdaq rose 36 points or 0.3% to 13,072.2021-01-13T10:39:05"
US 10-Year Treasury Yield Falls From 10-Month High,Government Bond 10Y,"US 10-Year Treasury Yield Falls From 10-Month HighUnited States Government Bond 10YUS 10-year Treasury yields fell to 1.11% on Wednesday, snapping a seven-day streak of rises, as the Treasury Department's $38 billion sale of benchmark 10-year notes saw strong demand from traders covering short positions. The notes sold at a high yield of 1.164%, almost a basis point below where they had traded before the auction. On Tuesday, yields reached 1.187%, their highest since March, amid expectations of more federal spending to aid the virus-battered economy. President-elect Joe Biden has promised on Friday to deliver a massive stimulus package, after December's employment report showed the US economy has shed 140 thousand jobs last month, against market expectations of a 71 thousand increase.2021-01-13T08:57:00"
US Futures Trade Higher as Investors Await More Stimulus,Stock Market,"US Futures Trade Higher as Investors Await More Stimulus United States Stock MarketUS futures traded in the green on Wednesday as investors digest prospects of more fiscal stimulus, political turmoil and rising coronavirus cases. Joe Biden is expected to give more details on his trillions of dollars economic package on Thursday but Bloomberg reported that he will seek a deal with Republicans, rather than trying to ram a package through without their support. Meanwhile, the House voted 223-205 to call on Mike Pence to invoke the 25th Amendment to remove President Trump from office although the Vice President rejected it. On the corporate front, the earnings season will kick off later in the week with reports from Citigroup, Wells Fargo and JPMorgan. S&P 500 earnings are seen dropping 12% yoy in the final three months of 2020, according to data from Bloomberg. On Tuesday, the Dow Jones gained 60 points or 0.2% to 31,069. The S&P 500 edged up less than 0.1% to 3,801. The Nasdaq rose 36 points or 0.3% to 13,072.2021-01-13T08:18:00"
US Stock Futures Point to Flat Opening,Stock Market,"US Stock Futures Point to Flat OpeningUnited States Stock MarketUS stock futures were little changed on Wednesday as investors weighed the prospects of new fiscal stimulus in the US, a chaotic power transition in Washington, and weak jobs data for November. Traders paid little to no attention to reports that US daily COVID-19 vaccinations hit a record high of 1.25 million on Monday, bringing the total count to 9.27 million doses. On the corporate side, Walt Disney joined other major companies such as AT&T, Amazon, and Mastercard in indefinitely suspending donations to US lawmakers who voted against president-elect Joe Biden's election certification. Meantime, Visa and financial technology firm Plaid said they would terminate their $5.3 billion merger agreement following a US government lawsuit aimed at stopping the proposed transaction on antitrust grounds. On Tuesday, the Dow Jones gained 60 points or 0.2% to 31,069. The S&P 500 edged up less than 0.1% to 3,801. The Nasdaq rose 36 points or 0.3% to 13,072.2021-01-13T06:39:00"
US Crude Stocks Fall by Most Since October,API Crude Oil Stock Change,"US Crude Stocks Fall by Most Since OctoberUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 5.8 million barrels in the week ended January 8th of 2021, following a 1.7 million drop in the previous week, data from the American Petroleum Institute showed. It was the third straight weekly decline and the biggest draw since the week ended October 30th. 2021-01-12T21:39:08.957"
Dollar Rally Runs Out of Steam,Currency,"Dollar Rally Runs Out of SteamUnited States CurrencyThe dollar index broke below 90.00 on Wednesday, moving away from a three-week peak of 90.70 touched in the previous session, as a recent rally fuelled by soaring Treasury yields seems to be running out of steam. This downward pressure came mostly from strong momentum in the British pound following anti-NIRP comments from the BoE Governor. Looking for the big picture, confirmed Democrats’ control over the US government along with a deteriorating job market paved the way for more stimulus in the world’s largest economy, making the greenback an increasingly unattractive investment.2021-01-12T19:04:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 21142021-01-12T15:29:36.2
US Stocks Pull Back from Records,Stock Market,"US Stocks Pull Back from RecordsUnited States Stock MarketWall Street closed in the red to start the week, as investors assessed the prospects of further fiscal aid along with ongoing political turmoil. On Monday, House Democrats introduced an article of impeachment against President Donald Trump for inciting the mob attack at the Capitol, with the lower chamber expected to vote on the article later in the week. On the corporate side, shares of Twitter fell 6% after banning the President’s account. On the macro side, investors weighed the prospects of stimulus after Friday’s Labor Department report showed nonfarm payrolls unexpectedly fell by 140 thousand in December amid new lockdown restrictions, marking the first monthly drop in April. The Dow Jones retreated 89 points or 0.3% to 31,009. The S&P 500 lost 25 points or 0.7% to 3800. The Nasdaq shed 166 points or 1.3% to 13,036.
2021-01-11T21:05:00"
Dollar Touches Three-Week High,Currency,"Dollar Touches Three-Week HighUnited States CurrencyThe dollar index gained further momentum this week, touching a three-week high in the 90.70 region as prospects of more fiscal spending in the US to aid the coronavirus-battered economy lifted government debt yields to levels not seen since March. Recently confirmed Democrats’ control over the US government along with a deteriorating job market paved the way for more stimulus in the world’s largest economy. Still, the long-term outlook remains bearish, as an increase in fiscal spending would raise the budget and current account deficits, making the greenback an increasingly unattractive investment.2021-01-11T20:45:48.547"
Wall Street Eases from Record Highs,Stock Market,"Wall Street Eases from Record HighsUnited States Stock MarketUS stocks retreated from record highs on Monday after their best week since November, as investors started to question sharp valuations in the wake of weak fundamentals. Wall Street’s record run has been powered by a vaccine-driven global economic recovery and prospects of further stimulus in the US. However, the struggle against the coronavirus is far from over. Renewed restrictions will hit business activity in the near-term, while a deteriorating job market highlighted the economic pain still inflicted by the pandemic. As a result, a near-term correction looks likely, following another rally in the second half of 2021.2021-01-11T19:09:00"
US Stocks Fall from Record Highs,Stock Market,"US Stocks Fall from Record HighsUnited States Stock MarketWall Street sank on Monday, moving away from record close levels on Friday, as investors digest prospects of further stimulus, political turmoil and rising coronavirus infections. On Friday, Joe Biden said his economic package will be in the trillions of dollars and that more details will be provided Thursday during a formal announcement. Also, House Speaker Nancy Pelosi said the House will move to impeach President Trump as soon as this week, unless Vice President Mike Pence and the cabinet invoke the 25th Amendment, a move which will likely create some instability in the Congress. Meanwhile, the earnings season will kick off later in the week with reports from Citigroup, Wells Fargo and JPMorgan. S&P 500 earnings are seen dropping 12% yoy in the final three months of 2020, according to data from Bloomberg. 2021-01-11T14:31:00"
US Futures Fall from Records,Stock Market,"US Futures Fall from RecordsUnited States Stock MarketUS futures started the week on a negative note, after ending last week at fresh records, as investors digest prospects of further stimulus. On Friday, Joe Biden said his economic package will be in the trillions of dollars and that more details will be provided Thursday during a formal announcement. Meanwhile, the earnings season will kick off later in the week with reports from Citigroup, Wells Fargo and JPMorgan. S&P 500 earnings are seen dropping 12% yoy in the final three months of 2020, according to data from Bloomberg. Last week, the Dow Jones gained 1.6%, the S&P 500 1.8% and the Nasdaq 2.4%.2021-01-11T08:53:00"
US Stock Futures Fall,Stock Market,"US Stock Futures FallUnited States Stock MarketUS stock futures traded markedly lower on Monday, amid growing uncertainties about   US politics. President Donald Trump is increasingly isolated in the wake of the deadly mob attack by his supporters on the US Congress last week, according to CNBC. Meantime, the Democrat-controlled House of Representatives is expected to move forward with an unprecedented second impeachment on Monday. On stock market news, US banks Goldman Sachs, JP Morgan, and Morgan Stanley reportedly will delist 500 Hong-Kong listed structured products, after a US ban on investments in companies Washington considered linked to China's military. Meanwhile, Telus International, a digital solutions provider for global brands, filed for a US initial public offerings of up to $100 million. On Friday, the Dow Jones rose 57 points or 0.2% to 31,098, the S&P 500 gained 21 points or 0.6% to 3,825 and the Nasdaq went up 135 points or 1% to 13,202.


2021-01-11T05:46:00"
Dollar Momentum Likely Temporary,Currency,"Dollar Momentum Likely TemporaryUnited States CurrencyThe dollar index extended gains to trade above the critical zone of 90, as soaring Treasury yields sent investors rushing to buy the greenback. However, this correction seems temporary, as a blue-wave victory along with a deteriorating job market paving the way for more fiscal spending. Large budget and current account deficits have made the US currency an increasingly unattractive investment, while prospects of a swift economic recovery eroded its safe-haven demand. 2021-01-10T21:51:00"
US Consumer Credit Above Forecasts,Consumer Credit,"US Consumer Credit Above ForecastsUnited States Consumer CreditConsumer credit in the United States increased by $15.27 billion in November of 2020 after rising by a downwardly revised $4.54 billion in the previous month, beating market expectations of a $9 billion gain. It is the biggest increase since June as non-revolving credit went up by $16.06 billion while revolving credit declined by $0.787 billion. 2021-01-08T20:03:00"
Dollar Extends Gains for 3rd Day,Currency,"Dollar Extends Gains for 3rd DayUnited States CurrencyThe dollar index extended gains for the 3rd session to 90.1 on Friday, booking a 0.2% rise on the week, and consolidating the rebound from its lowest level in almost three years reached early in the week. Soaring Treasury yields sent investors rushing to buy the greenback amid Senate runoff elections in Georgia and riots in US Capitol as Biden was formally recognized by Congress as the next US President. Still, the long-term outlook remains bearish, with recently confirmed Democrats’ control over the US government paving the way for more fiscal spending. Large budget and current account deficits have made the US currency an increasingly unattractive investment, while prospects of a swift economic recovery eroded its safe-haven demand.2021-01-08T19:02:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 21112021-01-08T15:13:05.883
US Wholesale Inventories Revised to a Flat Reading,Wholesale Inventories,"US Wholesale Inventories Revised to a Flat ReadingUnited States Wholesale InventoriesWholesale inventories in the US were flat month-over-month in November of 2020, compared to initial estimates of a 0.1 percent drop, and breaking a 3-month winning streak. Inventories of durable goods increased 0.9 percent while those for non-durables sank 1.2 percent. Year-on-year, wholesale inventories dropped 2.1 percent.2021-01-08T15:06:24.273"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 38232021-01-08T14:31:07.28
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 130472021-01-08T14:31:03.32
US Average Hourly Earnings Rise More than Expected,Average Hourly Earnings,"US Average Hourly Earnings Rise More than ExpectedUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls rose by 23 cents, or 0.8 percent over the month to USD 29.81 in December of 2020, after increasing 0.3 percent in November and above market expectations of a 0.2 percent gain. It was the strongest increase in average hourly earnings since April. Year-on-year, average hourly earnings have increased by 5.1 percent, after increasing 4.4 percent in the previous month and above market expectations of 4.4 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 20 cents to USD 25.09. These increases largely reflect the disproportionate number of lower-paid workers in leisure and hospitality who went off payrolls, which put upward pressure on the average hourly earnings estimates.2021-01-08T13:31:00"
US Futures Point to Records at the Open,Stock Market,"US Futures Point to Records at the OpenUnited States Stock MarketUS futures were pointing to fresh records at the open as investors focus on prospects of a swift economic recovery and more fiscal stimulus under the new Biden presidency and a Democrat-controlled Congress. Meanwhile, all eyes are on the jobs report, due before the opening bell. Nonfarm payrolls are expected to have slowed to an 8-month low of 71K and some analysts even see a chance of decline. On Thursday, all three major US indexes finished in record territory. The Dow Jones added 212 points or 0.7% to 31,041. The S&P 500 gained 56 points or 1.5% to 3,804. The Nasdaq climbed 327 points or 2.6% to 13,068.2021-01-08T09:34:00"
US Jobless Rate Seen at 6.8% in December,Unemployment Rate,"US Jobless Rate Seen at 6.8% in DecemberUnited States Unemployment RateThe US unemployment rate is seen picking up to 6.8 percent in December 2020, from 6.7 percent in the previous month and well above pre-pandemic levels of about 3.5 percent. The labor market recovery slowed amid a lack of fiscal stimulus and record COVID-19 infections that prompted many US states to impose restrictive measures to respond to the outbreak.2021-01-08T08:28:00"
Dollar Gains Momentum,Currency,"Dollar Gains MomentumUnited States CurrencyThe dollar index regained some ground near the 90 level on Friday, consolidating the rebound from its lowest level in almost three years, as soaring Treasury yields sent investors rushing to buy the greenback. Still, the long-term outlook remains bearish, with recently confirmed Democrats’ control over the US government paving the way for more fiscal spending. Large budget and current account deficits have made the US currency an increasingly unattractive investment, while prospects of a swift economic recovery eroded its safe-haven demand. 2021-01-08T01:46:00"
Micron Technology earnings at 0.78 USD,Earnings,"Micron Technology earnings at 0.78 USDUnited States EarningsMicron Technology (MU) released earnings per share at 0.78 USD, compared to market expectations of 0.71 USD.2021-01-07T21:22:05.157"
NASDAQ 100 Hits All-time High,Stock Market,"NASDAQ 100 Hits All-time HighUnited States Stock MarketThe tech-heavy index gained further ground in afternoon trading on Thursday, notching an intraday record near the 12,950 region, as Tesla rose more than 7%. 
2021-01-07T19:05:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 20902021-01-07T16:24:31.887
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 310272021-01-07T15:03:40.97
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 37842021-01-07T14:33:38.95
US Trade Gap at Over 14-Year High,Balance of Trade,"US Trade Gap at Over 14-Year HighUnited States Balance of TradeThe trade deficit in the US widened to $68.1 billion in November of 2020 from $63.1 billion in October, well above market expectations of $65.2 billion. It is the biggest trade gap since August of 2006 as exports rose 1.2 percent and imports 2.9 percent. Total exports reached $184.2 billion, boosted by sales of industrial supplies and materials, namely natural gas; foods, feeds, and beverages; travel and transport. Total imports went up to $252.3 billion, mainly due to purchases of cell phones and other household goods; industrial supplies and materials; capital goods; transport and travel while imports of passenger cars decreased. The deficit with China widened $3.5 billion to $30 billion as exports dropped $0.5 billion to $12.6 billion and imports increased $3.0 billion to $42.6 billion.2021-01-07T13:38:00"
US Imports Climb 2.9% to 10-Month High,Imports,"US Imports Climb 2.9% to 10-Month HighUnited States ImportsImports to the United States advanced 2.9 percent from the previous month to USD 252.3 billion in November of 2020, the highest level since January and the sixth straight month of rises, as domestic demand continued its recovery from the pandemic hit. Goods purchases increased by USD 6.3 billion to USD 214.1 billion, led by imports of consumer goods (USD 4.0 billion) such as cell phones and other household goods (USD 2.8 billion), industrial supplies and materials (USD 1.5 billion) and capital goods (USD 1.2 billion). On the other hand, purchases fell for automotive vehicles, parts, and engines (down USD 1.0 billion), in particular passenger cars (down USD 1.1 billion). Imports of services increased by USD 0.9 billion to USD 38.2 billion, namely travel (USD 0.4 billion) and transport (USD 0.4 billion).2021-01-07T13:37:00"
US Exports Rise 1.2% to 8-Month High,Exports,"US Exports Rise 1.2% to 8-Month HighUnited States ExportsExports from the United States increased 1.2 percent from the previous month to USD 184.2 billion in November of 2020, the highest level since March and the sixth straight month of rises, as global demand continued to recover from the coronavirus pandemic shock. Goods exports were up by USD 1.3 billion to USD 127.7 billion, boosted by sales of industrial supplies and materials (USD 0.8 billion), such as natural gas (USD 0.5 billion), and foods, feeds, and beverages (USD 0.5 billion). Services exports increased by USD 0.9 billion to USD 56.4 billion, led by travel (USD 0.5 billion) and transport (USD 0.5 billion).2021-01-07T13:34:00"
US Job Cuts Rise to 77K in December,Challenger Job Cuts,"US Job Cuts Rise to 77K in DecemberUnited States Challenger Job CutsUS based employers announced 77,030 job cuts in December of 2020, up 18.9% from 64,797 in November. Still, the fourth quarter saw the fewest job redundancies last year, with 222,493, down from 497,215 in the third quarter. “In the final months of the year, companies that may have survived the initial impact of the pandemic in March and April determined staffing adjustments based on increasingly difficult market conditions. While some segments were up, such as warehousing, shipping, financial, and some manufacturing segments, many others were hurt considerably, chief among them Hospitality, Entertainment, and Leisure,” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc. Considering full 2020, companies announced a record high of 2.304 million job cuts, due to the coronavirus pandemic. It compares with 592,556 cuts announced in 2019. 2021-01-07T13:09:00"
Dollar Bounces from Near 3-Year Low,Currency,"Dollar Bounces from Near 3-Year LowUnited States CurrencyThe dollar index recovered some ground to trade around 89.9, after hitting 89.2 earlier in the week which was the lowest since March of 2018. Investors' appetite for riskier currencies diminished amid Senate runoff elections in Georgia, prospects of further stimulus, and riots in US Capitol as Biden was formally recognized by Congress as the next US President. Expectations of another stimulus package to help the economic recovery increased after Democrats won the two Senate seats in runoff elections in Georgia, securing control of both chambers of Congress.2021-01-07T12:45:00"
Walgreens Boots Alliance earnings at 1.22 USD,Earnings,"Walgreens Boots Alliance earnings at 1.22 USDUnited States EarningsWalgreens Boots Alliance (WBA) released earnings per share at 1.22 USD, compared to market expectations of 1.03 USD.2021-01-07T12:09:13.357"
Dollar Remains Under Heavy Selling Pressure,Currency,"Dollar Remains Under Heavy Selling PressureUnited States CurrencyThe dollar index lost further ground this week, depreciating to new lows in the 89.20 region amid prospects of more fiscal stimulus under a blue-wave victory. Democrats took control of Congress by winning both available seats in Tuesday’s Georgia Senate elections, paving the way for more spending to revive the US economy. More treasury spending will increase the budget and current account deficits,  pushing the greenback to its lowest in more than two years. Adding to those concerns about rising levels of debt in the US were prospects of a swift economic recovery, which eroded safe-haven demand for the dollar.2021-01-06T22:26:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 37702021-01-06T15:50:49.627
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 20322021-01-06T15:37:35.897
US Crude Stocks Fall For 4th Straight Week,Crude Oil Stocks Change,"US Crude Stocks Fall For 4th Straight WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 8.01 million barrels in the week ended January 1st, 2021, a fourth consecutive period of decline and compared with market expectations of a 2.133 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 4.519 million barrels, while markets had forecast a smaller 1.525 million increase.2021-01-06T15:33:00"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 306752021-01-06T15:10:43.833
US December Composite PMI Revised Lower,Composite PMI,"US December Composite PMI Revised LowerUnited States Composite PMIThe IHS Markit US Composite PMI was revised lower to 55.3 in December 2020, from a preliminary estimate of 55.7 and below November’s 68-month high of 58.6. The latest reading signaled the slowest upturn in business activity for three months, due to a slowdown in new business growth amid rising COVID-19 cases. In addition, the rate of job creation eased notably since November. On the price front, cost burdens rose at the sharpest pace since data collection began in October 2009. Looking ahead, business expectations moderated to a three-month low in December.2021-01-06T15:05:39.27"
US Service Sector Grows Less than Initially Thought,Services PMI,"US Service Sector Grows Less than Initially ThoughtUnited States Services PMIThe IHS Markit US Services PMI was revised lower to 54.8 in December 2020, from a preliminary estimate of 55.3 and below November's five-and-a-half-year high of 58.4. The latest reading pointed to a sharp slowdown in services activity growth amid rising COVID-19 cases. Total new business increased the least in four months due to easing domestic demand and the first contraction in exports since May. At the same time, the pace of job creation softened, while backlogs of work rose marginally. On the price front, input cost inflation picked up again to reach a series record high, boosted by greater PPE and packaging prices, amid supplier shortages and rising demand. Output charge inflation, however, slowed on efforts to boost sales and attract new clients amid challenging demand conditions. Looking ahead, business confidence slipped to a three-month low in December.2021-01-06T14:52:00"
Dow Futures Rebound as Traders Await Georgia Results,Stock Market,"Dow Futures Rebound as Traders Await Georgia ResultsUnited States Stock MarketDow Jones futures reversed earlier losses to trade slightly higher while the S&P 500 was around the flatline and the Nasdaq sank around 1.2%. Investors await the results of two runoff elections in Georgia with Democrats projected to win both seats and taking control of the US Senate. Control of both House and the Senate by Democrats raises fears over tax hikes, more regulation and further rise in debt levels. Meanwhile, FOMC minutes will be released later in the day. On Tuesday, the Dow Jones rose 168 points or 0.6% to 30,392. The S&P 500 gained 26 points or 0.7% to 3,727. The Nasdaq climbed 121 points or 1% to 12,819.2021-01-06T12:18:00"
US Futures Lower as Traders Await Georgia Results,Stock Market,"US Futures Lower as Traders Await Georgia ResultsUnited States Stock MarketUS futures were lower on Wednesday, with contracts on the Dow Jones futures falling as much as 100 points while the S&P 500 lost 0.5% and the Nasdaq sank around 1.8%. Investors await the results of two runoff elections in Georgia with Democrats projected to win both seats and taking control of the US Senate. Control of both House and the Senate by Democrats raises fears over tax hikes, more regulation and further rise in debt levels. Meanwhile, FOMC minutes will be released later in the day. On Tuesday, the Dow Jones rose 168 points or 0.6% to 30,392. The S&P 500 gained 26 points or 0.7% to 3,727. The Nasdaq climbed 121 points or 1% to 12,819.2021-01-06T08:22:00"
US Stock Futures Point to Slight Gains at Open,Stock Market,"US Stock Futures Point to Slight Gains at OpenUnited States Stock MarketUS stock futures rose slightly on Wednesday as investors await the outcome of the Senate runoff in the US battleground state of Georgia. The NBC television projected Democrat Raphael Warnock the winner of the election against Republican Senator Kelly Loeffler. On the corporate front, Amazon reportedly has bought 11 jets from Delta and WestJet airlines to boost its growing delivery network and get orders to shoppers faster. Over the past couple of years, Amazon has been leasing planes to build its fleet. Meantime, US jeweler Tiffany & Co reported record sales for the 2020 holiday period as consumers stuck at home shopped more online and shoppers in China spent more on jewelry. Traders continued to follow a regulatory saga over whether the New York Stock Exchange would delist three Chinese telecom giants for security reasons. On Tuesday, The Dow Jones rose 168 points or 0.6% to 30,392. The S&P 500 gained 26 points or 0.7% to 3,727. The Nasdaq climbed 121 points or 1% to 12,819.2021-01-06T07:06:00"
US 10Y Bond Yield Hits 4-Week High,Government Bond 10Y,"US 10Y Bond Yield Hits 4-Week Highunited states Government Bond 10YThe yield on the benchmark 10-year bond increased to a 4-week high of 0.9833% as investors await Georgia's special elections outcome. A blue-wave victory, where Democrats take control of both houses, could pave the way to the approval of more fiscal stimulus, pushing traders into bonds to protect their portfolios from inflationary risks. 
2021-01-06T01:25:00"
US Crude Stocks Fall for 2nd Straight Week,API Crude Oil Stock Change,"US Crude Stocks Fall for 2nd Straight WeekUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 1.7 million barrels in the week ended January 1st of 2021, following a 4.8 million drop in the previous week, and marking the second straight weekly decline, data from the American Petroleum Institute showed.2021-01-05T21:37:31.46"
New York Current Business Conditions Improve in December,Ism New York Index,"New York Current Business Conditions Improve in DecemberUnited States Ism New York IndexThe ISM New York Current Business Conditions index increased by 17.1 points from the previous month to 61.3 in December 2020, a sharp recovery from November's 44.2 and approaching October's 18-month high of 65.1. Employment increased 26.6 points to a 16-month high of 61.2, and Quantity of Purchases rose to a 20-month high of 61.5. At the same time, Current Revenues rose to 57.7, reaching a 10-month high, and Expected Revenues increased 10.8 points to 58.3. The Six Month Outlook reached a 16-month high of 70.7.2021-01-05T14:53:00"
US Stock Futures Little Changed,Stock Market,"US Stock Futures Little ChangedUnited States Stock MarketUS stock futures were little changed on Tuesday as investors weighed upcoming runoff elections in Georgia, the persistent surge of COVID-19 cases, and reports that the NYSE no longer plans to delist three Chinese telecom firms. Traders also continued to follow reports that over two-thirds of the 15 million coronavirus vaccines shipped within the US states have gone unused, as the government of New York and Florida vowed to penalize hospitals that fail to dispense shots quickly. Meantime, Moderna said Monday that it would produce at least 600 million doses of its coronavirus vaccine in 2021, up by 100 million doses from its earlier forecast. At the same time, drugmakers including Abbvie Inc and Bristol Myers Squibb raised US list prices on more than 500 drugs to start the new year, according to a health care research firm, 46brooklyn. On Monday, the Dow Jones sank 1.3% to 30,224. The S&P 500 tumbled 1.5% to 3,701. The Nasdaq plunged 1.5% to 12,698.2021-01-05T06:52:00"
Wall St Starts 2021 on Weak Note,Stock Market,"Wall St Starts 2021 on Weak NoteUnited States Stock MarketAll three main US stock indexes eased from their record highs to end deep in the red on Monday, as increasing concerns about coronavirus and a slow pace of vaccine rollout offset prospects of a brighter economic outlook for 2021. Boeing and Coca-Cola were the among biggest laggards in the Dow Jones index, down 5.4% and 3.7%, respectively. At the same time, concerns over the outcome of runoff elections in Georgia kept sentiment in check. A blue-wave victory, where Democrats take control of both houses, could usher in more regulation of big tech businesses. 2021-01-04T21:03:00"
The Dow Jones Index decreasing 1.70%,Stock Market,"The Dow Jones Index decreasing 1.70%United States Stock MarketUnited States Stock Market is falling 521 points. Losses were driven by Boeing (-5.13%), Coca-Cola (-4.21%) and Travelers Companies (-3.55%).2021-01-04T20:30:04.76"
US Stocks Sink,Stock Market,"US Stocks SinkUnited States Stock MarketAll three main stock indexes in the US were down around 2% on the first trading day of 2021 as increasing concerns about coronavirus and a slow pace of vaccine rollout offset prospects of a brighter economic outlook for 2021. Global Covid-19 cases surpassed 85 million, of which more than 20.6 million in the US and the surge could intensify as Colorado, California and Florida identified cases of the highly transmissible Covid-19 variant that emerged in the UK. Meantime, traders keep an eye on Georgia as the state prepared for a Senate runoff election on Tuesday. Both the Dow and S&P 500 hit record highs at the open. US shares closed 2020 on a strong note. The Dow Jones gained 7.3%, the S&P 500 16.3% and the Nasdaq surged 43.6%, its the strongest gain since 2009.2021-01-04T17:15:00"
US Stocks Sink as Coronavirus Concerns Mount,Stock Market,"US Stocks Sink as Coronavirus Concerns MountUnited States Stock MarketWall Street sank on the first trading day of 2021 as increasing concerns about coronavirus and a slow pace of vaccine rollout offset prospects of a brighter economic outlook for 2021. The Dow Jones lost more than 500 points after opening at a record high, with shares of Coca-Cola and Boeing among the worst performers. The S&P 500 fell 2% after hitting a new high at the open and the Nasdaq also failed to hold earlier gains to fall around 1%. In contrast, Tesla shares surged nearly 4% after releasing better-than-expected December deliveries over the weekend. The US recorded a single-day record of 300K new infections during the weekend and more than 20.5 million cases have been reported so far. Meanwhile, more than 4.2 million vaccine doses so far and the pace is picking up, according to Dr. Fauci. US shares closed 2020 on a strong note. The Dow Jones gained 7.3%, the S&P 500 16.3% and the Nasdaq surged 43.6%, its the strongest gain since 2009.2021-01-04T16:06:00"
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 37702021-01-04T14:30:06.167
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 129662021-01-04T14:30:02.907
US Stocks Lack Direction after Strong Open,Stock Market,"US Stocks Lack Direction after Strong OpenUnited States Stock MarketThe Dow Jones and the S&P 500 opened at fresh record highs on the first trading day of 2021 but soon gave up all the gains to trade lower while the Nasdaq was slightly higher. Investors expect that coronavirus vaccination could help to control the pandemic and that continued fiscal and monetary support will boost the economic recovery. Meanwhile, the US has administered more than 4.2 million vaccine doses so far and the pace is picking up, according to Dr. Fauci. On the corporate front, Tesla shares surged around 2% after releasing better-than-expected December deliveries over the weekend. US shares closed 2020 on a strong note, as the Federal Reserve showed its readiness to support the recovery of the economy from the pandemic, while the rollout of virus vaccine also encouraged market sentiment. In 2020, the Dow Jones gained 7.3%, the S&P 500 16.3% and the Nasdaq surged 43.6%, its the strongest gain since 2009.2021-01-04T14:30:00"
US Stock Futures Point to Higher Wall Street Open,Stock Market,"US Stock Futures Point to Higher Wall Street OpenUnited States Stock MarketUS stock futures traded slightly higher on Monday as the first trading day of 2021 kicked off. Democrat Nancy Pelosi was re-elected Sunday as House speaker by her party, which retains the majority in the House but with the slimmest margin in 20 years after a surprisingly strong GOP performance in the November election, according to Associated Press. Meantime, traders were optimistic of a rebound in corporate earnings this year as the economy recovered further from the COVID-19 pandemic. US shares closed 2020 on a strong note, as the Federal Reserve showed its readiness to support the recovery of the economy from the pandemic, while the rollout of virus vaccine also encouraged market sentiment.  In December, the Dow Jones added 3.3%, the S&P 500 3.7%, and the Nasdaq 5.7%. For the year, the Nasdaq Composite gained 43.4%, the S&P 500 rose 16% and the Dow Jones added 7.1%.2021-01-04T06:40:00"
Dollar Set for Further Weakness in 2021,Currency,"Dollar Set for Further Weakness in 2021United States CurrencyThe US dollar continues to face heavy selling pressure in the first trading week of January, testing the 89.50 regions as prospects of a swift economic recovery eroded safe-haven demand for the dollar. Adding to diminished interest for safety were concerns about rising levels of debt in the US. Investors await Georgia's special elections that determine control of the Senate. The election of the two Democratic candidates could pave the way to the approval of more fiscal stimulus in Washington. This dollar’s weakness is likely to continue well into 2021 as investors shift to risky assets. In 2020, the greenback lost around 7%. 2021-01-04T01:07:00"
Dow Jones Hits All-time High,Stock Market,Dow Jones Hits All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 305902020-12-31T20:54:27.607
S&P 500 Hits All-time High,Stock Market,S&P 500 Hits All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 37562020-12-31T20:50:07.357
US Crude Inventories Drop for 3rd Straight Week,Crude Oil Stocks Change,"US Crude Inventories Drop for 3rd Straight WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 6.065 million barrels in the week ended December 25th, 2020, following a 0.562 million fall in the previous week and compared with market expectations of a 2.583 million decline, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 1.192 million barrels, while markets had forecast a 1.662 million rise.2020-12-30T15:36:23.423"
Wall Street Gains on Wednesday,Stock Market,"Wall Street Gains on WednesdayUnited States Stock MarketUS stocks rose on Wednesday, as investors hoped for a vaccine-led economic recovery in 2021 and additional monetary and fiscal support, while US lawmakers continued to disagree over direct payments to Americans. Senate Majority Leader Mitch McConnell blocked a quick vote to back President Trump's call to increase the $600 relief payments, and tied the larger checks to two other measures that most Democrats oppose. On the economic data front, December Chicago PMI came in at 59.5, better than market expectations of 57.0. Pending home sales fell 2.6% in November, against forecasts calling for a 0% change. With just two trading days left in the year, the Dow is up 6.3% so far in 2020 and the S&P 500 is up 15.4%. The Nasdaq Composite has surged over 43% as tech stocks benefited from lockdown.2020-12-30T14:32:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 129282020-12-30T14:30:02.437
US Stock Futures Point to Positive Start,Stock Market,"US Stock Futures Point to Positive StartUnited States Stock MarketUS stock futures traded higher on Wednesday, as investors hoped for a vaccine-led economic recovery in 2021 and additional monetary and fiscal support, while US lawmakers continued to disagree over direct payments to Americans. Senate Majority Leader Mitch McConnell blocked a quick vote to back President Trump's call to increase the $600 relief payments, and tied the larger checks to two other measures that most Democrats oppose. With just two trading days left in the year, the Dow is up 6.3% so far in 2020 and the S&P 500 is up 15.4%. The Nasdaq Composite has surged over 43% as tech stocks benefited from lockdown.2020-12-30T13:55:00"
US Wholesale Inventories Fall for 1st Time in 4 Months,Wholesale Inventories,"US Wholesale Inventories Fall for 1st Time in 4 MonthsUnited States Wholesale InventoriesWholesale inventories in the US edged down 0.1 percent month-over-month in November of 2020, following an upwardly revised 1.2 percent rise in October, a preliminary estimate showed. It was the first decline in wholesale inventories since July, as stocks of nondurable goods fell 1.4 percent, after a 2.5 percent gain in October. Meantime, durable goods inventories rose 0.9 percent, accelerating from a 0.3 percent increase. Year-on-year, wholesale inventories dropped 2.2 percent.2020-12-30T13:35:00"
"Dollar Hits 32-Month Low, Heads for 6.9% Yearly Loss",currency,"Dollar Hits 32-Month Low, Heads for 6.9% Yearly LossUnited States currencyThe US dollar came under heavy selling pressure this week, touching its lowest level in 32 months at 89.70 and heading for a 6.9% yearly loss in 2020. Long-awaited financial aid in the US fueled optimism for a quicker vaccine-driven economic recovery and spooked investors away from safe-haven assets. Adding to diminished interest for safety were concerns about rising levels of debt in the US as unprecedented spending led to large budget and current account deficits and has made the greenback an increasingly unattractive investment.2020-12-30T10:35:00"
Bitcoin Hits Fesh Record High,Currency,"Bitcoin Hits Fesh Record HighUnited States CurrencyBitcoin topped $28,500 for the first time ever on December 30th of 2020 and is up around 47% so far in December, on track for its biggest monthly gain since May of 2019. The cryptocurrency has almost quadrupled in value this year, driven by institutional buying and its appeal as a hedge against potential inflation and currency debasement resulting from the massive central bank and government stimulus measures to shore up economic growth. 2020-12-30T09:13:00"
Dollar Index Hovers Near 32-Month Low,Currency,"Dollar Index Hovers Near 32-Month LowUnited States CurrencyThe US dollar came under heavy selling pressure this week, touching its lowest level in nearly 32 months at 89.73. Long-awaited financial aid in the US fueled optimism for a quicker vaccine-driven economic recovery and spooked investors away from safe-haven assets. Adding to diminished interest for safety were concerns about rising levels of debt in the US. Unprecedented spending led to large budget and current account deficits and has made the greenback an increasingly unattractive investment.2020-12-30T02:22:02.367"
US Stocks Close Lower,Stock Market,"US Stocks Close LowerUnited States Stock MarketWall Street closed in the red on Tuesday after reaching new highs early in the session, as traders weighed the possibility of even more fiscal aid being approved by Congress. On the policy side, Senate Majority Leader Mitch McConnell blocked an attempt by Senate Minority Leader Chuck Schumer to unanimously approve a bill that would raise direct payments to $2,000 from $600. Meanwhile, President Trump tweeted: “Unless Republicans have a death wish, and it is also the right thing to do, they must approve the $2000 payments ASAP.” The Dow Jones lost 43 points or 0.1% to 30,361. The S&P 500 shed 8 points or 0.2% to 3727. The Nasdaq retreated 49 points or 0.4% to 12,850. During the year, the Dow is up 6.2% for the year and the S&P 500 up 15.3% over that time. The Nasdaq Composite has surged more than 43% in 2020 as tech stocks benefited from lockdown.2020-12-29T21:04:00"
Wall Street Pares Gains,Stock Market,"Wall Street Pares Gains United States Stock MarketWall Street pared gains slightly on Tuesday, retreating from intraday records on doubts whether Senate Republicans will pass President Trump’s call for a $2,000 direct payment to Americans instead of the current $600. The Democratic-led US House of Representatives has backed Trump’s demand for higher relief checks, though it faces opposition from the Republican-controlled Senate. Still, investors have breathed a sigh of relief after President Donald Trump signed a long-awaited fiscal bill that averted a federal government shutdown and extended unemployment benefits. The recent rally has put the Dow up 6.5% for the year and the S&P 500 up 15.6% over that time. The Nasdaq Composite has surged more than 43% in 2020 as tech stocks benefited from lockdown.2020-12-29T18:47:58.343"
US Stocks Rise To Fresh Record Highs,Stock Market,"US Stocks Rise To Fresh Record HighsUnited States Stock MarketThe Dow Jones, S&P 500 and Nasdaq all hit new highs on Tuesday, after US President Donald Trump signed on Sunday a long-awaited fiscal bill that averted a federal government shutdown and extended unemployment benefits. Meanwhile, the US House of Representatives on Monday approved a proposal to increase relief checks to $2,000 from $600, sending the measure for a vote in the Senate on Tuesday. The recent rally has put the Dow up 6.5% for the year and the S&P 500 up 15.6% over that time period. The Nasdaq Composite has surged more than 43% in 2020 as ""stay-at-home"" tech stocks benefited from lockdown.2020-12-29T14:35:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 129282020-12-29T14:31:04.227
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 37552020-12-29T14:30:03.9
The Dow Jones Index rising 0.71%,Stock Market,"The Dow Jones Index rising 0.71%United States Stock MarketUnited States Stock Market is gaining 213 points. Leading the gains are Apple (3.77%), Walt Disney (3.41%) and Visa (2.12%). Top losers are Boeing (-0.74%), Chevron (-0.73%) and Salesforce.com (-0.68%).2020-12-28T20:30:03.137"
Wall Street Gains as Trump Signs Covid-19 Aid Bill,Stock Market,"Wall Street Gains as Trump Signs Covid-19 Aid BillUnited States Stock MarketAll three main stock indexes in the US were up more than 0.5% and reached record highs on Monday after President Trump suddenly signed the near $900 billion coronavirus relief package into law after criticizing it last week and admonishing Congress to increase direct payments to $2,000 from $600. Trump also signed $1.4 trillion in government spending to fund federal agencies through the end of the fiscal year in September. Meanwhile, near 2 million people have been vaccinated against covid-19 in the US and the European Union also started vaccination during the weekend.2020-12-28T14:32:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 128382020-12-28T14:31:01.547
US Futures Start the Week in the Green,Stock Market,"US Futures Start the Week in the Green United States Stock MarketUS futures were higher on Monday as investors return from Christmas to another holiday-shortened week due to New Year. Contracts on the Dow Jones futures were up more than 100 points and both the S&P 500 and the Nasdaq gained around 0.7%. President Trump suddenly signed the near $900 billion coronavirus relief package into law after criticizing it last week and admonishing Congress to increase direct payments to $2,000 from $600. Trump also signed $1.4 trillion in government spending to fund federal agencies through the end of the fiscal year in September. Meanwhile, near 2 million people have been vaccinated against covid-19 in the US and the European Union also started vaccination during the weekend. Last week, the Dow Jones ended nearly flat, the S&P 500 lost 0.2% while the Nasdaq added 0.4%. 2020-12-28T10:16:00"
Dollar Struggles for Traction,Currency,"Dollar Struggles for Traction United States CurrencyThe dollar index remained under pressure around 90 in the last week of December as long-awaited financial aid in the US, Brexit trade deal and prospects of a swift economic recovery in 2021 spooked investors away from safe-haven assets. Adding to diminished interest for safety were concerns about rising levels of debt in the US. Unprecedented spending led to large budget and current account deficits and has made the greenback an increasingly unattractive investment. 2020-12-28T00:57:00"
US Stock Futures Rise Slightly,Stock Market,"US Stock Futures Rise SlightlyUnited States Stock MarketUS stock futures traded slightly higher on Thursday after official data showed jobless claims totaled 803 thousand during the week ending December, 19th, beating market estimates of 888 thousand. Meantime, new orders for US manufactured durable goods increased 0.9% mom in November, above market expectations and rising for the seventh month in a row. Traders also welcomed news that the Trump administration and Pfizer on Wednesday had reached an agreement supplying the US with an additional 100 million doses of COVID-19 vaccine by mid-summer. On the corporate side, IBM Corp has agreed to pay $2.45 million to resolve a pair of investigations by US authorities over subsidies awarded to connect schools and libraries to broadband. On Wednesday,  the Dow Jones added 114 points or 0.4% to 30,130 and the S&P 500 edged up 3 points or 0.1% to 3690. In contrast, the Nasdaq shed 37 points or 0.3% to 12,771.

2020-12-24T06:26:00"
The Dow Jones Index rising 0.66%,Stock Market,"The Dow Jones Index rising 0.66%United States Stock MarketUnited States Stock Market is gaining 197 points. Leading the gains are General Electric (3.30%), Goldman Sachs (3.05%) and JPMorgan Chase (2.98%). Top losers are Salesforce.com (-1.03%), Microsoft (-0.80%) and Cisco Systems (-0.45%).2020-12-23T20:30:05.297"
US Crude Inventories Fall Much Less than Expected: EIA,Crude Oil Stocks Change,"US Crude Inventories Fall Much Less than Expected: EIAUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 0.562 million barrels in the week ended December 18th, 2020, following a 3.135 million fall in the previous week and compared with market expectations of a 3.186 million decline, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 1.125 million barrels, the first fall in six weeks, while markets had forecast a 1.21 million rise.2020-12-23T15:35:00"
US Consumer Sentiment Revised Lower,Consumer Confidence,"US Consumer Sentiment Revised LowerUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised lower to 80.7 in December of 2020 from a preliminary of 81.4 but above 76.9 in November. There was a significant decline in the assessments of current economic conditions (90 vs 91.8 in the preliminary release) and in the expectations component (74.6 vs 74.7 in the preliminary release). On the price front, inflation expectations for the year ahead were revised higher to 2.5 percent from 2.3 percent and those for the next 5 years were unchanged at 2.5 percent. ""The Sentiment Index slipped in late December, although it remained higher than last month despite the ongoing surge in covid infections and deaths. The improvement was due to a large and rapid partisan shift, with Democrats becoming much more positive and Republicans much more negative."" 2020-12-23T15:07:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 20022020-12-23T14:48:48.23
US House Prices Growth Sows from Record: FHFA,FHFA House Price Index MoM,"US House Prices Growth Sows from Record: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States went up 1.5 percent from a month earlier in October of 2020, following a 1.7 percent rise in September which was the largest monthly gain since comparable records began in 1991. In fact, record low interest rates and higher demand from people moving away from big cities due to the coronavirus crisis have pushed house prices up. For the nine census divisions, monthly house price changes ranged from 0.9 percent in the West North Central and East South Central divisions to 2.1 percent in the New England division. Year-on-year, house prices went up 10.2 percent.2020-12-23T14:18:23.937"
US PCE Price Index Flat for 2nd Month,PCE Price Index Monthly Change,"US PCE Price Index Flat for 2nd MonthUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States showed no growth for the second consecutive month in November of 2020. Both goods and services prices were unchanged from the previous month. Within goods, prices were up 0.1 percent for nondurable goods while those of durable goods were flat. Excluding food and energy, PCE prices were also flat in November. Year-on-year, the PCE price index advanced 1.1 percent and the core index increased 1.4 percent.2020-12-23T13:52:00"
US Personal Spending Falls for 1st Time in 7 Months,Personal Spending,"US Personal Spending Falls for 1st Time in 7 MonthsUnited States Personal SpendingPersonal spending in the US fell 0.4 percent month-over-month in November of 2020, following a downwardly revised 0.3 percent rise in October and worse than market forecasts of a 0.2 percent fall. It is the first decline since a record fall April when the coronavirus pandemic hit the economy hard. Real PCE also went down 0.4 percent, amid lower expenditure on clothing and footwear, new motor vehicles, food services and accommodations as well as in electricity and gas. A notable offset was an increase in spending for food and beverages purchased for offpremises consumption. 2020-12-23T13:35:00"
US Mortgage Applications Rise for 2nd Week,Mortgage Applications,"US Mortgage Applications Rise for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 0.8 percent in the week ended December 18th, the second consecutive month of increase, data from the Mortgage Bankers Association showed. Applications to refinance a home loan advanced 3.8 percent, up 124 percent year-on-year; while those to purchase a home decreased 4.6 percent, but were 26 percent higher than a year ago. The average fixed 30-year mortgage rate was up 1 basis point to 2.86 percent last week, remaining close to an all-time low of 2.85 percent the week before. 2020-12-23T12:09:00"
Initial Jobless Claims Seen Little Changed at 885K,Initial Jobless Claims,"Initial Jobless Claims Seen Little Changed at 885KUnited States Initial Jobless ClaimsInitial jobless claims are seen little changed at 885 thousand in the week ended December 19th, roughly the same as in the previous week and remaining at a 3-month high, as rising COVID-19 cases and new lockdowns across the country continue to threaten the labor market recovery. Claims are far from the 200 thousand level reported back in February and will likely remain elevated for some time as the pandemic is far from controlled although vaccination has already started. Meanwhile, continuing claims are forecast to rise to 5.558 million in the December 12th week.2020-12-23T09:26:00"
DXY Remains Near 90.50,Currency,"DXY Remains Near 90.50United States CurrencyThe dollar index gradually remained near 90.50 slightly up from an over 2-1/2-year low of 89.80 touched in the previous week as investors turned their attention to safe-haven assets because of persistent concerns about the new coronavirus strain. Still, another major rescue package for the US economy along with prospects of a vaccine-driven global economic recovery next year left room for further dollar weakness.2020-12-23T09:06:24.563"
US Futures Rebound,Stock Market,"US Futures ReboundUnited States Stock MarketUS futures rebounded from early losses to trade in the green on Wednesday as investors try to shrug off concerns over fresh stimulus and coronavirus spread. Recent comments made by President Trump raised questions over whether the President will sign the new aid-bill anytime soon. Late on Tuesday Trump called the Covid relief bill passed by Congress an unsuitable “disgrace” and urged lawmakers to make a number of changes to the measure, including raising checks to $2,000 from $600. Meanwhile, a batch of economic data is expected ahead of the Christmas break. Initial claims, durable goods, personal income and spending and new home sales are due later in the day. On Tuesday, the Dow Jones shed 201 points or 0.7% to 30016 and the S&P 500 lost 8 points or 0.2% to 3687. In contrast, the Nasdaq added 65 points or 0.5% to 12,808.2020-12-23T08:44:00"
US Stock Futures Point to Lower Open,Stock Market,"US Stock Futures Point to Lower OpenUnited States Stock MarketUS stock futures edged lower on Wednesday after US President Donald Trump threatened not to sign a $900 billion COVID-19 relief bill, saying it should be amended to increase the amount of stimulus checks.   Risk appetite was also rattled by reports that US consumer sentiment dropped to the lowest in four months in December, while sales of previously owned US homes fell in November for the first time in six months. Meantime, the US  Justice Department sued the retail giant Walmart on Tuesday, accusing it of fueling the country's opioid crisis. The company claims the lawsuit is riddled with factual inaccuracies, according to BBC News. On Tuesday,  the Dow Jones shed 201 points or 0.7% to 30016 and the S&P 500 lost 8 points or 0.2% to 3687. In contrast, the Nasdaq added 65 points or 0.5% to 12,808.2020-12-23T06:17:00"
US Stock Futures Slide,Stock Market,"US Stock Futures SlideUnited States Stock MarketUS stock index futures dropped late Tuesday after President Donald Trump described the $900 billion coronavirus relief package passed by Congress as a “disgrace”, demanding bigger direct payments to Americans. The move led to renewed uncertainty over a US coronavirus stimulus deal before the holiday break. Markets were already in a fragile mood as concerns over a more infectious new strain of the coronavirus detected in the UK sparked fears of disruptions on economic activity. On Tuesday, the Dow Jones shed 201 points or 0.7% to 30016 and the S&P 500 lost 8 points or 0.2% to 3687. In contrast, the Nasdaq added 65 points or 0.5% to 12,808.2020-12-23T01:32:00"
Dollar Regains Momentum,Currency,"Dollar Regains MomentumUnited States CurrencyThe dollar index gradually rose back towards the 90.50 level from an over 2-1/12-year low of 89.80 touched in the previous week as investors turned their attention to safe-haven assets because of persistent concerns about the new coronavirus strain. Still, another major rescue package for the US economy along with prospects of a vaccine-driven global economic recovery next year left room for further dollar weakness. 2020-12-23T00:02:08.83"
US Crude Stocks Rise for 6th Straight Week,API Crude Oil Stock Change,"US Crude Stocks Rise for 6th Straight WeekUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 2.70 million barrels in the week ended December 18th of 2020, following a 1.97 million rise in the previous week, and marking the sixth straight weekly gain, data from the American Petroleum Institute showed.2020-12-22T21:36:00"
The Dow Jones Index is down by 0.65%,Stock Market,"The Dow Jones Index is down by 0.65%United States Stock MarketUnited States Stock Market is losing 197 points. Losses were led by Amgen (-2.82%), Goldman Sachs (-2.61%) and Caterpillar (-1.99%). Offsetting the fall, top gainers were Apple (2.72%), Salesforce.com (1.88%) and Microsoft (0.39%).2020-12-22T20:30:03.38"
DXY Resumes Upward Momentum,Currency,"DXY Resumes Upward MomentumUnited States CurrencyThe dollar index rose more than 0.5 percent on Tuesday recovering further from an over 2-1/12-year low of 90 reached in the previous week as investors again turned their attention to safe-haven assets because of the concerns about the new COVID-19 strain. Still, the greenback is expected to depreciate in the next few months as the approval of the new coronavirus relief bill will 
translate into higher debt and the monetary policy in the US will remain accommodative for a long time. 2020-12-22T15:55:00"
US Fifth District Factory Activity Strengthens in December,Richmond Fed Manufacturing Index,"US Fifth District Factory Activity Strengthens in DecemberUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose to 19 in December of 2020 from 15 in November, buoyed by increases in the indexes for new orders (24 vs 12) and employment (20 vs 13). On the other hand, the shipments index declined but remained positive (12 vs 20). Indexes for local business conditions and capital spending were also positive, and manufacturers were optimistic that conditions would improve in the coming months.2020-12-22T15:03:00"
US Futures Attempt to Rebound,Stock Market,"US Futures Attempt to ReboundUnited States Stock MarketUS futures attempted to rebound from earlier losses on Tuesday as investors welcomed a new coronavirus-aid bill and try to shrug off concerns over a new virus strain in the UK. Congress approved an $892 billion package on Monday and President Trump is expected to sign it soon. The bill includes $600 payments to most Americans, a $300-per-week unemployment benefit and $284 billion for the Paycheck Protection Program. Congress also passed $1.4 trillion government funding avoiding a shutdown. On the corporate front, investors will keep an eye on Tesla shares as the company shed 6.5% on the first trading day as a member of the S&P 500. On Monday, the Dow Jones added 37 points or 0.1% to 30,216. The S&P 500 fell 14 points or 0.4% to 3695. The Nasdaq lost 13 points or 0.1% to 12,743. 2020-12-22T09:07:00"
US Stock Futures Decline,Stock Market,"US Stock Futures DeclineUnited States Stock MarketUS stock futures pointed to losses at the open on Tuesday, as fears over a new strain of the COVID-19 that has shut down much of Britain overshadowed a $900 billion stimulus package deal. Meanwhile, president-elect Joe Biden on Monday received his first dose of the virus vaccine on live television. On the corporate side, Apple is targeting 2024 to produce a passenger vehicle that could its own breakthrough battery technology. Meanwhile, IBM has announced to acquire Helsinki-based Nordcloud, a European leader in cloud implementation, and managed services, for an undisclosed sum. The Wall Street Journal, meantime, reported that Facebook and Google agreed to “cooperate and assist one another” if they ever faced an investigation into their pact to work together in online advertising. On Monday,  the Dow Jones added 37 points or 0.1% to 30,216. The S&P 500 fell 15 points or 0.4% to 3695. The Nasdaq lost 13 points or 0.1% to 12,743.
2020-12-22T06:32:00"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under PressureUnited States CurrencyThe dollar index has been struggling to bounce off an over 2-1/12-year low in the 90 area, as unprecedented spending led to large budget and current account deficits and has made the greenback an increasingly unattractive investment. Beyond those concerns about rising levels of debt were expectations that monetary policy in the US will remain accommodative for a long time, anchoring US nominal yields at their current low level and creating room for further downside momentum. Still, the near-term outlook offered some bullish signals as concerns over a more infectious new strain of the coronavirus detected in the UK sparked fears of disruptions on economic activity and boosted dollar’s attraction as a haven currency. 2020-12-22T01:27:00"
Dollar Struggles to Maintain Momentum,Currency,"Dollar Struggles to Maintain MomentumUnited States CurrencyThe dollar index rallied to weekly tops at 91 on Monday as investors turned to safe-haven assets amid a resurgence of the new more infectious COVID-19. However, this flight to safety failed to provide support, and the US currency bottomed around 90. Unprecedented spending led to large budget and current account deficits and has made the dollar an increasingly unattractive investment. 2020-12-21T19:39:00"
Wall Street Pares Losses,Stock Market,"Wall Street Pares Losses United States Stock MarketUS stocks pared some of their early losses in afternoon trading, with the Dow Jones index recovering from a 400-point drop to cross over into positive territory after a rally in the financial sector. Big banks enjoyed robust gains, with Goldman Sachs rising more than 7% after the Federal Reserve gave institutions the green light to resume share buybacks. Still, weakness in other economically sensitive stocks has put pressure on the broader market. A new strain of COVID-19 sparked fears of disruptions on business activity and offset optimism over a coronavirus aid package.2020-12-21T18:32:00"
US Stocks Plunge as Covid-19 Fears Mount,Stock Market,"US Stocks Plunge as Covid-19 Fears MountUnited States Stock MarketWall Street sank nearly 1% on Monday as a last-minute coronavirus aid bill was not enough to offset bad coronavirus news from Europe. Congress reached a deal on a $900 billion relief package on Sunday and the House and Senate are set to vote on it on Monday. The bill includes direct payments of $600 to all Americans, $300 per week in unemployment benefits through March and $284 billion for the Paycheck Protection Program. Meanwhile, UK announced a resurgence of a new and more virulent strain of the COVID-19, prompting many countries including France, Germany, Italy, Switzerland and Canada to ban flights from the UK. On the corporate side, Tesla will officially join the S&P 500 today after shares of the company rose nearly 500% over the last year.2020-12-21T14:32:54.71"
US Futures Fall Deeper into Negative Territory,Stock Market,"US Futures Fall Deeper into Negative TerritoryUnited States Stock MarketFutures on three main US stock market indexes were down more than 1% in early European trading hours as a last-minute coronavirus aid bill was not enough to offset bad coronavirus news from Europe. Congress reached a deal on a $900 billion relief package on Sunday and the House and Senate are set to vote on it on Monday. The bill includes direct payments of $600 to all Americans, $300 per week in unemployment benefits through March and $284 billion for the Paycheck Protection Program. Meanwhile, UK announced a resurgence of a new and more virulent strain of the COVID-19, prompting many countries including France, Germany, Italy, Switzerland and Canada to ban flights from the UK. On the corporate side, Tesla will officially join the S&P 500 today after shares of the company rose nearly 500% over the last year. Last week, the Dow Jones gained 0.4%, the S&P added 1.3%, and the Nasdaq jumped 3.1%.2020-12-21T09:55:00"
US Stock Futures Point to Open in the Green,Stock Market,"US Stock Futures Point to Open in the GreenUnited States Stock MarketUS stock futures edged higher on Monday after US congressional leaders reached an agreement Sunday on the second-largest economic stimulus in US history worth $900 billion. The deal would establish a temporary $300 per week supplemental jobless benefit and a $600 direct stimulus payment to most Americans, along with a new round of subsidies for hard-hit businesses and money for schools, and health care providers. House leaders informed lawmakers that they would vote on the legislation on Monday, and the Senate was likely to vote on Monday, too, according to Associated Press. On the corporate side, electric carmaker Tesla will officially join the S&P 500 today after shares of the company rose nearly 700% over the last year. Last week, the Dow Jones gained 0.4%, the S&P added 1.3%, and the Nasdaq jumped 3.1%.2020-12-21T06:42:00"
Dollar Recovers from Multi-Year Lows,Currency,"Dollar Recovers from Multi-Year Lows United States CurrencyThe US dollar index managed to get back above the 90 level, consolidating the rebound from a sell-off that took it to its lowest level in more than 2-1/2 years last week. The twin shocks of Brexit’s deadlocked talks and a new COVID-19 variant, highlighted by the UK, drove investors toward safe-haven assets. However, more stimulus in the US and hopes of a vaccine-led recovery dented the greenback safe-haven appeal. Congress has agreed on a $900 billion coronavirus relief package, that includes another round of direct payments to Americans struggling amid the pandemic. This unprecedented spending is leading to large budget and current account deficits and has made the dollar an increasingly unattractive investment.
2020-12-21T00:18:00"
Nike earnings at 0.78 USD,Earnings,"Nike earnings at 0.78 USDUnited States EarningsNike (NKE) released earnings per share at 0.78 USD, compared to market expectations of 0.63 USD.2020-12-18T21:33:08.157"
The Dow Jones Index falling 0.84%,Stock Market,"The Dow Jones Index falling 0.84%United States Stock MarketUnited States Stock Market is dropping 254 points. Leading the losses are Intel (-6.08%), UnitedHealth (-2.01%) and Chevron (-1.90%). Top gainers were Cisco Systems (0.89%), Verizon (0.15%) and Travelers Companies (0.10%).2020-12-18T20:30:07.847"
US Stocks Fall from Records,Stock Market,"US Stocks Fall from RecordsUnited States Stock MarketWall Street traded in the red on Friday, falling from record highs in the previous session, as investors await any developments on US stimulus. Senate Majority Leader Mitch McConnell said a bipartisan deal “appears to be close at hand” and House Speaker Nancy Pelosi also said Democrats were moving closer to a consensus. Also, FDA advisory panels endorsed the emergency use of Moderna’s coronavirus vaccine, paving the way for second vaccine approval. Meanwhile, Tesla will officially join the S&P 500 Monday and trading is expected to be volatile during Friday afternoon as around 129.9 million shares of Tesla will need to be purchased to add to the S&P 500.2020-12-18T15:30:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 19862020-12-18T14:49:28.143
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketUS futures lack direction on Friday, after hitting record highs in the previous session, as investors continue to follow any developments on US stimulus. Senate Majority Leader Mitch McConnell said a bipartisan deal “appears to be close at hand” and House Speaker Nancy Pelosi also said Democrats were moving closer to a consensus. Meanwhile, FDA advisory panels endorsed the emergency use of Moderna’s coronavirus vaccine, paving the way for second vaccine approval. On Thursday, The Dow Jones added 149 points or 0.5% to 30,303. The S&P 500 climbed 21 points or 0.6% to 3722. The Nasdaq jumped 107 points or 0.8% to 12,765.2020-12-18T09:51:00"
US Stock Futures Point to Lower Open,Stock Market,"US Stock Futures Point to Lower OpenUnited States Stock MarketUS stock futures fell on Friday as lawmakers struggled to push through new fiscal stimulus, with Republican Senate Majority leader Mitch McConnell saying talks could spill into the weekend. Meanwhile, official data showed on Thursday that US jobless claims unexpectedly rose to 885 thousand in the week ending December, 12th, the most since the week of September, 5th. On the corporate side, the Coca-Cola Co said on Thursday it will lay off 2,200 workers, or 17% of its global workforce, as part of a larger restructuring aimed at paring down its business units and brands. Meantime, Microsoft Corp mentioned it found malicious software in its system after US authorities issued a rare cybersecurity advisory Thursday. On Thursday, Wall Street closed in green, with all three major indices hitting fresh highs. The Dow Jones added 149 points or 0.5% to 30,303. The S&P 500 climbed 21 points or 0.6% to 3722. The Nasdaq jumped 107 points or 0.8% to 12,765.2020-12-18T06:17:00"
PayPal earnings at 1.07 USD,Earnings,"PayPal earnings at 1.07 USDUnited States EarningsPayPal (PYPL) released earnings per share at 1.07 USD, compared to market expectations of 0.94 USD.2020-12-18T03:51:09.743"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 19662020-12-17T17:45:14.533
Tenth District Factory Growth Lowest in 5 Months,Kansas Fed Manufacturing Index,"Tenth District Factory Growth Lowest in 5 MonthsUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index fell by 8 points to +12 in December of 2020, pointing to the lowest factory output growth in five months. More than three-quarters of factories indicated the recent surge in COVID-19 cases has negatively affected their firm’s business. Regarding capital outlays, 71% of firms reported investing in equipment to enhance production capacity as their primary motivation for the upcoming year, and 61% listed labor-saving technology. Another 35% of contacts said IT infrastructure was a primary motivator for capital outlays in the upcoming year. On the other hand, over half of firms indicated they will be reducing capital outlays for facilities for the upcoming year.2020-12-17T16:13:49.973"
S&P and Nasdaq Hit Record Highs,Stock Market,"S&P and Nasdaq Hit Record HighsUnited States Stock MarketThe S&P 500 and the Nasdaq hit record highs and the Dow Jones gained near 150 points on Thursday amid expectations that a new coronavirus-aid bill could be passed soon. Congressional leaders closed in on a near $900 billion package which includes $600-$700 stimulus checks and extended unemployment benefits but no aid to state and local governments and lawsuit liability protection. Meanwhile, the Fed pledged to keep supporting the US economy but did not make any changes to its asset purchases. On the data front, initial claims came above forecasts at a 3-month high of 885K while housing starts and building permits surprised on the upside.2020-12-17T14:34:00"
Factory Activity in Philadelphia Below Forecasts,Philadelphia Fed Manufacturing Index,"Factory Activity in Philadelphia Below ForecastsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US fell to 11.1 in December of 2020 from 26.3 in November and below market expectations of 20. It was the lowest reading since May. Indicators for general activity, new orders, shipments, and employment remained positive for the seventh consecutive month but fell from their readings in November. Changes in future indexes were mixed but suggest that overall growth is expected to continue over the next six months.

2020-12-17T13:35:00"
DXY Falls Below 90,Currency,"DXY Falls Below 90United States CurrencyThe US dollar continues to face heavy selling pressure in December, falling below 90 for the first time since April of 2018 as prospects of additional stimulus in the US and hopes of a vaccine-led recovery have been spoking investors away from safe haven assets. US policymakers are nearing a deal on around $900 billion coronavirus-aid, that would include a second round of direct payments to Americans struggling amid the pandemic. This unprecedented spending is leading to large budget and current account deficits and has made the dollar an increasingly unattractive investment. At the same time, a less dovish stance from the Federal Reserve failed to bring back investors' interest. The Central Bank did not change the terms of its asset purchase program and painted a rosier growth outlook for 2021, but noted that fund rates are poised to be near zero thought at least 2023.2020-12-17T09:57:00"
Initial Claims Seen Falling to 800K,Initial Jobless Claims,"Initial Claims Seen Falling to 800KUnited States Initial Jobless ClaimsInitial jobless claims are seen falling to 800 thousand in the week ended December 12th, compared to 853 thousand reported in the previous week which was the highest number since mid-September amid rising COVID-19 cases and new lockdowns across the country. Claims are far from 200 thousand level reported back in February and will likely remain elevated for some time as the pandemic is far from controlled, and cases and hospitalizations continue to rise. Meanwhile, continuing claims are forecast to fall to 5.598 million in the December 5th week, after rising for the first time in eleven weeks. 2020-12-17T09:41:23.523"
Dollar Recovers from Multi-Year Lows,Currency,"Dollar Recovers from Multi-Year LowsUnited States CurrencyThe dollar index gained strong upside momentum and broke through the 90.70 level in afternoon trading, after the Fed extended its temporary US dollar liquidity swap lines and the temporary repurchase agreement facility for foreign and international monetary authorities thought September 2021. The rebounded from a 2-1/2-year low of 90.10 was exacerbated by a rosier growth outlook for 2021. Still, the possibility of additional stimulus in the US, with both Democrats and Republicans confident that Congress would agree on around $900 billion coronavirus-aid bill limited gains. 
2020-12-16T19:36:00"
US Crude Oil Inventories Fall More Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More Than ExpectedUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 3.135 million barrels in the week ended December 11th, 2020, following a 15.189 million increase in the previous week and compared with market expectations of a 1.937 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 1.020 million barrels, while markets had forecast a bigger 1.614 million rise.2020-12-16T15:35:18.317"
US Homebuilder Sentiment Falls from Record,Nahb Housing Market Index,"US Homebuilder Sentiment Falls from RecordUnited States Nahb Housing Market IndexThe NAHB housing market index in the US fell to 86 in December of 2020 from a record high of 90 in November and compared to forecasts of 88. The current single-family sub-index dropped to 92 from 96 and the gauge for home sales over the next six months went down to 85 from 89. The prospective buyers sub-index went down to 73 from 77. “Housing demand is strong entering 2021, however the coming year will see housing affordability challenges as inventory remains low and construction costs are rising,” said NAHB Chairman Chuck Fowke.2020-12-16T15:10:50.117"
US Business Inventories Rise 0.7% in October,Business Inventories,"US Business Inventories Rise 0.7% in OctoberUnited States Business InventoriesManufacturers’ and trade inventories in the US rose by 0.7 percent from a month earlier in October 2020, following an upwardly revised 0.8 percent growth in September and in line with market expectations. Stocks increased at merchant wholesalers (1.1 percent vs 0.9 percent), retailers (0.9 percent vs 1.6 percent), and manufacturers (0.2 percent vs -0.1 percent).2020-12-16T15:04:56.383"
US Private Sector Activity Growth Slows in December,Composite PMI,"US Private Sector Activity Growth Slows in DecemberUnited States Composite PMIThe IHS Markit US Composite PMI dropped to 55.7 in December 2020, from November’s 68-month high of 58.6, a preliminary estimate showed. The latest reading signaled a loss of momentum in the US private sector economic growth, most notable in the service sector, where additional restrictions and softer demand impacted consumer-facing business once again.2020-12-16T14:53:44.98"
US Service Sector Growth Slows in December,Services PMI,"US Service Sector Growth Slows in DecemberUnited States Services PMIThe IHS Markit US Services PMI fell to 55.3 in December 2020, from the previous month's five-and-a-half-year high of 58.4 and below market expectations of 55.9, a preliminary estimate showed. The latest reading pointed to a sharp slowdown in services activity growth amid rising COVID-19 cases, with firms stating that restrictions and softer demand weighed on total activity.2020-12-16T14:50:00"
US Mortgage Applications Rise as Rates Fall to New Low,Mortgage Applications,"US Mortgage Applications Rise as Rates Fall to New LowUnited States Mortgage ApplicationsMortgage applications in the United States rose 1.1 percent in the week ended December 11th, rebounding from two straight weeks of declines, data from the Mortgage Bankers Association showed. Applications to purchase a home increased 1.8 percent, up 26 percent year-on-year; while those for refinance a home loan advanced 1.4 percent, up 105 percent year-on-year. The average fixed 30-year mortgage rate was down 5 bps to 2.85 percent last week, a record low.2020-12-16T12:06:00"
US Futures Rebound,Stock Market,"US Futures ReboundUnited States Stock MarketUS futures rebounded on Wednesday as investors await any progress on US stimulus and await Fed's monetary policy decision later in the day. House Speaker Nancy Pelosi, Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, and House Minority Leader Kevin McCarthy, discussed the aid-bill on Tuesday and seemed optimistic about it. Also, the Fed is expected to keep its fed funds rate steady at 0-0.25% but investors will be looking for any changes in bond buying program. Meanwhile, FDA said that Moderna's Covid-19 vaccine was “highly effective” setting the stage for an emergency authorization later this week, after Pfizer/BioNTech got authorization last Friday. On Tuesday, the Dow Jones climbed 338 points or 1.1% to 30,199. The S&P 500 jumped 47 points or 1.3% to 3695. The Nasdaq gained 155 points or 1.3% to 12,595.2020-12-16T09:35:00"
US Stock Futures Point to Small Losses at Open,Stock Market,"US Stock Futures Point to Small Losses at OpenUnited States Stock MarketUS stock futures edged lower on Wednesday as traders await the Federal Reserve's final policy statement of the year later in the day, with many expecting new guidance on how long the central bank will keep up its massive bond-buying program. On the corporate side, Facebook reportedly will shift all its users in the UK into user agreements with the corporate headquarters in California. The company said uncertainty about Brexit was a motivation for the decision as late negotiations continued between Brussels and London, including over sharing data between the EU and the UK. On Tuesday,  the Dow Jones climbed 339 points or 1.1% to 30,200. The S&P 500 jumped 47 points or 1.3% to 3695. The Nasdaq gained 155 points or 1.3% to 12,595.2020-12-16T06:43:00"
US Crude Stocks Rise for 5th Straight Week,API Crude Oil Stock Change,"US Crude Stocks Rise for 5th Straight WeekUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 1.97 million barrels in the week ended December 11th of 2020, following a 1.14 million rise in the previous week, and marking the fifth straight weekly gain, data from the American Petroleum Institute showed.2020-12-15T23:04:18.827"
US Export Prices Rise More than Expected,Export Prices MoM,"US Export Prices Rise More than Expected United States Export Prices MoMExport prices in the US rose 0.6 percent from a month earlier in November of 2020, following a 0.2 percent increase in October and above market expectations of 0.3 percent. It was the sixth straight monthly rise in export prices and the biggest gain since September. Cost of agricultural export climbed 3.7 percent, the largest rise since December 2018, due to advances in prices for soybeans, corn, dairy products and eggs, vegetables, wheat, fruit, meat, and cotton. Prices for nonagricultural exports increased 0.3 percent, rebounding from a 0.1 percent drop as higher prices for nonagricultural industrial supplies and materials; automotive vehicles; and nonagricultural foods more than offset lower prices for consumer goods and capital goods. Year-on-year, export prices dropped 1.1 percent. 2020-12-15T13:32:00"
US Stock Futures Point to Small Gains at Open,Stock Market,"US Stock Futures Point to Small Gains at OpenUnited States Stock MarketUS stock futures edged higher on Tuesday, amid COVID-19 vaccine optimism as the first dose of the Pfizer vaccine was administered in New York City on Monday. Meanwhile, Joe Biden was formally elected as the next president of the US by members of the electoral college on Monday, ending Donald Trump’s bid to overturn the results of the presidential election. Traders now await the outcome of the Federal Reserve's two-day policy meeting that will begin later in the day. Market expectations are growing that the central bank will further ease monetary policy by expanding its bond-buying program. On Monday, the Dow Jones fell 186 points or 0.6% to 29,860 and the S&P 500 retreated 16 points or 0.4% to 3647, while the Nasdaq rose 62 points or 0.5% to 12,440.2020-12-15T06:57:00"
S&P 500 Links Fourth Drop,Stock Market,"S&P 500 Links Fourth DropUnited States Stock MarketThe Dow Jones ended lower, and the S&P 500 booked its fourth consecutive fall on Monday, as traders weighed vaccine optimism with fears of new year-end restrictions. On Monday, the first dose of the Pfizer vaccine was administered in New York City. Meanwhile, the US has begun to ship doses from a Pfizer facility in Michigan to hundreds of distribution centers across the country. Optimism moderated after New York City Mayor Bill De Blasio warned the city could experience a “full shutdown” soon. Across the US, new infections continue to rise, with more than 219 thousand cases reported on Saturday and the total death toll now surpassing 300 thousand. The Dow Jones shed 186 points or 0.6% to 29,860 and the S&P 500 retreated 16 points or 0.4% to 3647, whereas the Nasdaq gained 62 points or 0.5% to 12,440.
2020-12-14T21:05:00"
Wall Street Pares Gains,Stock Market,"Wall Street Pares Gains United States Stock MarketUS stocks pared some of their early gains that drove the Dow Jones index above 30,330 points for the first time on Monday, as investors remained concerned over the threats posed by renewed restrictions on the business activity, despite the roll-out of the first coronavirus vaccines. Investors also welcomed the news that US lawmakers plan to split a $908 COVID-19 aid-bill into two parts to make it easier for approval. Meantime, the S&P 500 and the Nasdaq Composite were lifted by a 30% jump in Alexion Pharmaceuticals stocks after AstraZeneca said it would buy the US biotech firm.2020-12-14T19:28:02.023"
"US Covid-19 Deaths Approach 300,000",Coronavirus Deaths,"US Covid-19 Deaths Approach 300,000United States Coronavirus DeathsThe US reported 1,389 Covid-19-related deaths on Sunday, pushing up the total to almost 300,000. At the same time, more 190,920 people tested positive for the disease and hospitalizations remained above 100 thousand for the twelfth consecutive day. Meantime, US regulators authorized Pfizer/BioNTech vaccine for emergency use and the first shipments are set to arrive today. Healthcare workers and elderly residents of long-term care homes are first in line to receive the vaccine, and by the end of March more than 100 million people, or about 30% of the US population, are expected to be immunized. 2020-12-14T16:52:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 303212020-12-14T15:08:54.517
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 19412020-12-14T14:54:56.74
"US Equities Jump on Vaccine, Stimulus Hopes",Stock Market,"US Equities Jump on Vaccine, Stimulus HopesUnited States Stock MarketUS stocks rose Monday with travel and leisure firms among the best performers, as the US starts its nationwide COVID-19 vaccine campaign this week after the FDA approved over the weekend the Pfizer-BioNTech drug for emergency use. Still, concerns over the rapid spread of the pandemic mounted as the US death toll is set to hit 300 thousand in the coming days, a fifth of the global total. Elsewhere, investors welcomed news that US lawmakers plan to split a $908 COVID-19 aid-bill in two parts to make it easier for approval. On the corporate front, Alexion Pharmaceuticals surged more than 30% to a 4-1/2-year high after AstraZeneca said it would buy the US biotech firm for $39 billion in one of this year's biggest mergers. The Dow Jones was slightly up at 30,060 around 12:30pm NY time, having touched an all-time high of 30,338 earlier in the session. The S&P 500 added 5 points or 0.2% and the Nasdaq climbed 120 points or 1%.2020-12-14T14:35:00"
US Futures Point to Positive Start,Stock Market,"US Futures Point to Positive StartUnited States Stock MarketUS futures traded in the green on Monday, attempting to rebound from a losing week, after the FDA authorized Pfizer/BioNTech Covid-19 vaccine for emergency use and the CDC formally signed off on vaccinations to begin as early as Monday. Still, coronavirus infections continue to mount and the pandemic is far from controlled. The US recorded more than 190K new cases on Sunday. Meanwhile, it was reported that US lawmakers plan to split a $908 COVID-19 aid-bill in two parts to make it easier for approval and it would be introduced formally on Monday. Investors also await the Fed's two day policy meeting which starts on Tuesday. On Friday, the Dow Jones added 47 points or 0.2% to 30,046. In contrast, the S&P retreated 5 points or 0.1% to 3664 and the Nasdaq shed 28 points or 0.2% to 12,378.2020-12-14T09:13:00"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketStock futures in the US pointed to gains at the open on Monday amid encouraging reports that the US has begun its first COVID-19 shipment across the country on Sunday, with hospitals in all 50 states were set to receive the vaccine starting from today. President Donald Trump and senior staff in his administration will also be prioritized for the vaccine, according to Financial Times. Meanwhile, Reuters reported that a $908 billion bipartisan COVID-19 relief plan set to be introduced in the US. Congress as early as Monday will be split into two packages in a bid to win approval: one will be a $748 billion measure for small businesses, the jobless and vaccine distribution and the other will include some key sticking points and $160 billion for state and local governments. On Friday, the Dow Jones added 47 points or 0.2% to 30,046. In contrast, the S&P retreated 5 points or 0.1% to 3664 and the Nasdaq shed 28 points or 0.2% to 12,378.2020-12-14T06:45:00"
Dow Futures Surge 150 Points,Stock Market,"Dow Futures Surge 150 PointsUnited States Stock MarketDow futures spiked Sunday night as risk appetite got boosted by optimism about recent developments towards the roll-out of COVID-19 vaccines. The US has begun a massive logistical effort to distribute coronavirus vaccines across the country after the FDA issued an emergency use authorization for the Pfizer-BioNTech vaccine. On the bullish side, investors got more good news on progress made towards a second major fiscal package to help the world’s largest economy recover from the pandemic. Both Democrats and Republicans are confident that Congress would agree on around $900 billion coronavirus-aid before the holiday break. Last week, the Dow Jones lost 0.6%, the S&P 500 declined 1%, and the Nasdaq fell 0.7%.2020-12-14T02:51:00"
Dollar Under Renewed Pressure,Currency,"Dollar Under Renewed PressureUnited States CurrencyThe dollar is set to come under renewed pressure this week, heading towards critical support at 90.50 as the approval of Pfizer-BioNTech COVID Vaccine in the US and its subsequent rollout brightened the economic outlook and sent risk sentiment into overdrive. At the same time, the possibility of additional stimulus in the US, with both Democrats and Republicans confident that Congress would agree on around $900 billion coronavirus-aid bill before the holiday break, is putting additional pressure on DXY as investors are concerned about rising government debt. 

2020-12-13T23:51:00"
US Dollar Recovers Modestly,Currency,"US Dollar Recovers ModestlyUnited States CurrencyThe US dollar was slightly up on Friday and traded around 91 or 0.2% higher as investors turned to safe-haven assets in the wake of rising COVID-19 infections, hospitalizations and deaths in the US. The possibility of the UK leaving the EU without a trade deal and  restrictions on New York businesses algo weighed on sentiment. On the policy side, passed a one-week federal spending extension to avoid a shutdown through 18 December 2020 to buy more time to reach a stimulus deal. The DXY remains at the lowest level since April 2018 amid optimism over coronavirus vaccine rollout and loose monetary policy. During the week, the DXY gained 0.4%.
2020-12-11T21:21:02.753"
Dow Jones Recovers Slightly,Stock Market,"Dow Jones Recovers SlightlyUnited States Stock MarketDow Jones managed to pull higher while the S&P 500 and Nasdaq were slightly down as investors weighted uncertainty over the passage of $900 billion stimulus plan before Christmas and positive vaccine news. Democrats and Republicans are struggling to find a common ground on shielding companies from virus-related lawsuits, state and local stimulus, unemployment assistance and checks. Meanwhile, the data showed initial claims rose to 2-1/2-month high of 853K, highlighting the need of new stimulus. Without it, millions of Americans could be left out with no unemployment benefits next month. Making things worse, the Senate has yet to pass a one-week government funding extension to keep the federal government running through next Friday. On the pandemic front, FDA is likely to Issue Pfizer vaccine authorization today.2020-12-11T19:59:11.68"
DXY Inches Higher,Currency,"DXY Inches HigherUnited States CurrencyThe dollar was slightly up on Wednesday hoovering around 91 as investors turned to safe-haven assets in the wake of surging COVID-19 infections, uncertainty over the timing of fiscal stimulus in the US, and the possibility of the UK leaving the EU without a trade deal. Still, even with today's rise, the DXY remains at the lowest level since April 2018 amid optimism over coronavirus vaccine rollout, loose monetary policy and concerns about rising levels of debt in the United States.2020-12-11T17:15:36.673"
US Stock Fall for 3rd Session,Stock Market,"US Stock Fall for 3rd SessionUnited States Stock MarketDow Jones and S&P 500 were slightly down for a 3rd consecutive session on Friday as it is unclear whether around $900 billion stimulus plan would be passed before Christmas. Democrats and Republicans are struggling to find a common ground on shielding companies from virus-related lawsuits, state and local stimulus, unemployment assistance and checks. Meanwhile, the data showed initial claims rose to 2-1/2-month high of 853K, highlighting the need of new stimulus. Without it, millions of Americans could be left out with no unemployment benefits next month. Making things worse, the Senate has yet to pass a one-week government funding extension to keep the federal government running through next Friday. On the pandemic front, an advisory panel of the FDA recommended authorization of the Pfizer/BioNTech Covid-19 vaccine, and a formal announcement is expected in the coming days. Distribution and vaccination could start right after. 
2020-12-11T14:33:00"
US Futures Lower to End the Week,Stock Market,"US Futures Lower to End the WeekUnited States Stock MarketUS futures traded in the red on Friday amid stimulus uncertainty as Democrats and Republicans continue to disagree on shielding companies from virus-related lawsuits, state and local stimulus, unemployment assistance and checks. Lawmakers seem to have already agreed on an around $900 billion plan but it is unclear yet whether a bill will be passed before Christmas. The claims report released Thursday showed initial claims rose to 2-1/2-month high of 853K, highlighting the need of new stimulus. Without it, millions of Americans could be left out with no unemployment benefits next month. Meanwhile, an advisory panel of the FDA recommended authorization of the Pfizer/BioNTech Covid-19 vaccine, and a formal announcement is expected in the coming days. Distribution and vaccination could start right after. On Thursday, the Dow Jones lost 70 points or 0.2% to 29,999, while the S&P 500 retreated 5 points or 0.1% to 3668. In contrast, the Nasdaq added 67 points or 0.5% to 12,406.2020-12-11T09:39:00"
Costco Wholesale earnings at 2.29 USD,Earnings,"Costco Wholesale earnings at 2.29 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 2.29 USD, compared to market expectations of 2.02 USD.2020-12-10T21:31:24.46"
Avago Technologies earnings at 6.35 USD,Earnings,"Avago Technologies earnings at 6.35 USDUnited States EarningsAvago Technologies (AVGO) released earnings per share at 6.35 USD, compared to market expectations of 6.24 USD.2020-12-10T21:31:21.013"
Oracle earnings at 1.06 USD,Earnings,"Oracle earnings at 1.06 USDUnited States EarningsOracle (ORCL) released earnings per share at 1.06 USD, compared to market expectations of 1.00 USD.2020-12-10T21:18:13.957"
Dollar Under Renewed Pressure,Currency,"Dollar Under Renewed PressureUnited States CurrencyThe dollar lost some upward momentum, dipping below the 91 level as a deteriorating labour market cementing expectation of more fiscal stimulus. Recent data showed initial jobless claims rose to a 2-1/2-month high of 853K amid surging coronavirus cases, at a time in which both Democrats and Republicans seem willing to agree on an around $900 billion coronavirus-aid bill. A sharp appreciation of the euro exacerbated this bearish sentiment, with investors cheering fresh stimulus from the ECB and no sign of stemming the single currency’s strength. 2020-12-10T19:15:00"
Adobe Systems earnings at 2.81 USD,Earnings,"Adobe Systems earnings at 2.81 USDUnited States EarningsAdobe Systems (ADBE) released earnings per share at 2.81 USD, compared to market expectations of 2.65 USD.2020-12-10T13:25:50.547"
US Futures Fail to Hold Gains,Stock Market,"US Futures Fail to Hold GainsUnited States Stock MarketDow Jones and S&P 500 futures reversed earlier gains to trade around the flatline while the Nasdaq fell deeper in negative territory on Thursday as investors continue to follow any developments on stimulus talks and coronavirus vaccines. The House of Representatives approved on Wednesday a one-week extension of federal government funding to give Congress more time to strike broad spending and COVID-19 relief deals and both Democrats and Republicans seem to be willing to get an agreement. Meanwhile, the FDA will meet on Thursday to discuss the Pfizer/BioNTech vaccine. On the macro front, investors will also keep an eye on inflation rate and weekly claims releases later in the day. On Wednesday, the Dow Jones retreated 0.4% to 30,065. The S&P 500 lost 0.8% to 3673. The Nasdaq plunged 1.9% 12,339.
2020-12-10T12:40:00"
US Futures Rebound,Stock Market,"US Futures ReboundUnited States Stock MarketDow Jones and S&P 500 futures were higher on Thursday while the Nasdaq attempted to book gains as investors continue to follow any developments on stimulus talks and coronavirus vaccines. The House of Representatives approved on Wednesday a one-week extension of federal government funding to give Congress more time to strike broad spending and COVID-19 relief deals and both Democrats and Republicans seem to be willing to get an agreement. Meanwhile, the FDA will meet on Thursday to discuss the Pfizer/BioNTech vaccine. On the macro front, investors will also keep an eye on inflation rate and weekly claims releases later in the day. On Wednesday, the Dow Jones retreated 0.4% to 30,065. The S&P 500 lost 0.8% to 3673. The Nasdaq plunged 1.9% 12,339.2020-12-10T10:53:00"
US Stock Futures Little Changed,Stock Market,"US Stock Futures Little ChangedUnited States Stock MarketUS stock futures were little changed on Thursday as investors continued to watch progress on new US stimulus measures as the House of Representatives approved on Wendesday a one-week extension of federal government funding to give Congress lmore time to strike broad spending and COVID-19 relief deals. Traders also looked at the developments of virus vaccine after the FDA said Pfizer-BioNTech virus vaccine met the prescribed success criteria. Investors now await the release of the November consumer price index and weekly initial jobless claims. On Wednesday, the Dow Jones retreated 0.4% to 30,065. The S&P 500 lost 0.8% to 3673. The Nasdaq plunged 1.9% 12,339.2020-12-10T06:30:00"
Dollar Regains Ground,Currency,"Dollar Regains Ground United States CurrencyThe dollar index gained momentum and broke above the 91 mark this week, consolidating the rebound from a sell-off that took it to its lowest level in more than 2-1/2 years, as the prospect of new easing from the ECB spooked investors away from the euro. The greenback’s depreciation has been most severe against the euro in recent weeks as economic activity data suggested Europe is outperforming the US. Still, low-interest rates and concerns about rising levels of debt in the United States leaves room for further dollar weakness. 2020-12-10T02:24:00.297"
The Dow Jones Index falling 0.50%,Stock Market,"The Dow Jones Index falling 0.50%United States Stock MarketUnited States Stock Market is dropping 152 points. Leading the losses are Boeing (-3.14%), Salesforce.com (-3.07%) and American Express (-2.01%). Top gainers were General Electric (4.42%), Johnson & Johnson (2.79%) and 3M (2.62%).2020-12-09T20:30:02.123"
Wall St Eases from Record High,Stock Market,"Wall St Eases from Record HighUnited States Stock MarketUS stocks receded from record highs and turned negative in afternoon trading on doubts about whether Congress can get a deal on a new $916 billion coronavirus relief bill unveiled by Treasury Secretary Steven Mnuchin. At the same time, the threats posed by renewed restrictions on business activity drag sentiment. On the coronavirus front, FDA said Pfizer/BioNTech Covid-19 vaccine “met the prescribed success criteria” clearing it for emergency use approval.  The infection rate in the US remains elevated as more than 215K new cases were recorded on Tuesday, the third-highest on record. 2020-12-09T18:22:50.933"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 19262020-12-09T17:26:06.467
Dollar Rebounds as Covid-19 Infections Continue to Rise,Currency,"Dollar Rebounds as Covid-19 Infections Continue to RiseUnited States CurrencyThe dollar index reversed earlier losses to trade slightly higher above 91 on Wednesday as investors digest rising coronavirus infections and await more developments on the new coronavirus-aid bill. FDA said Pfizer/BioNTech Covid-19 vaccine “met the prescribed success criteria” clearing it for emergency use approval but the infection rate in the US remains elevated as more than 215K new cases were recorded on Tuesday, the third highest on record. Still, the dollar remains close to levels not seen since April of 2018, amid optimism over coronavirus vaccine rollout and hopes a new fiscal stimulus could be passed soon by the Congress.2020-12-09T16:44:00"
Dow and S&P Pull Back from Records,Stock Market,"Dow and S&P Pull Back from RecordsUnited States Stock MarketThe Dow Jones and the S&P 500 erased most of the earlier gains to trade near the flatline while the Nasdaq was lower on Wednesday, as investors await more developments on the new coronavirus-aid bill and digest rising infections. FDA said Pfizer/BioNTech Covid-19 vaccine “met the prescribed success criteria” clearing it for emergency use approval but the infection rate in the US remains elevated as more than 215K new cases were recorded on Tuesday, the third highest on record. Meanwhile, Treasury Secretary Steven Mnuchin spoke with House Speaker Nancy Pelosi on Tuesday and presented a $916 billion coronavirus relief proposal, in another effort to reach a deal after the Democrats rejected a previous offer.2020-12-09T15:58:00"
US Wholesale Inventories Revised Higher,Wholesale Inventories,"US Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the US grew 1.1 percent month-over-month in October of 2020, better than initial estimates of a 0.9 percent rise, and following an upwardly revised 0.9 percent increase in September. Inventories went up for durable goods (0.3 percent vs 0.2 percent in September) with hardware (4.3 percent) posting the highest gain. Nondurable goods stocks also increased (2.5 percent vs 1.9 percent) with farm products (15.8 percent) and drugs (3.9 percent) rising the most. Year-on-year, wholesale stocks declined 2.2 percent.

2020-12-09T15:05:00"
Dow and S&P Hit Fresh Records,Stock Market,"Dow and S&P Hit Fresh RecordsUnited States Stock MarketThe Dow Jones and the S&P 500 reached new record highs on Wednesday, extending gains from the previous session while the Nasdaq traded near the flatline as optimism over Covid-19 vaccine rollout continues to lift investors' mood. US FDA said Pfizer/BioNTech Covid-19 vaccine “met the prescribed success criteria” clearing it for emergency use approval while the UK rolled out the first doses to the public on Tuesday. Meanwhile, Treasury Secretary Steven Mnuchin spoke with House Speaker Nancy Pelosi on Tuesday and presented a $916 billion coronavirus relief proposal, in another effort to reach a deal after the Democrats rejected a previous offer. On the pandemic front, more than 215K new cases were recorded on Tuesday in the US, the third highest on record.2020-12-09T14:36:00"
US Futures Point to Gains at the Open,Stock Market,"US Futures Point to Gains at the OpenUnited States Stock MarketUS futures traded mainly in the green on Wednesday, after the S&P and the Nasdaq closed at fresh record highs in the previous session, as optimism over Covid-19 vaccine rollout continues to lift investors' mood. US FDA said Pfizer/BioNTech Covid-19 vaccine “met the prescribed success criteria” clearing it for emergency use approval while the UK rolled out the first doses to the public on Tuesday. Meanwhile, Treasury Secretary Steven Mnuchin spoke with House Speaker Nancy Pelosi on Tuesday and presented a $916 billion coronavirus relief proposal, in another effort to reach a deal. On the pandemic front, more than 215K new cases were recorded on Tuesday in the US, the third highest on record. On Tuesday, the Dow Jones gained 104 points or 0.4% to 30,174. The S&P 500 climbed 10 points or 0.3% to 3702. The Nasdaq added 63 points or 0.5% to 12,5832020-12-09T10:13:58.197"
Dollar Retreats to Lowest since 2018,Currency,"Dollar Retreats to Lowest since 2018United States CurrencyThe dollar index ended a three-day gaining streak and fell to 90.8 on Wednesday, close to levels not seen since April of 2018, as optimism over coronavirus vaccine rollout improved investors' appetite for riskier assets. US FDA said Pfizer/BioNTech Covid-19 vaccine “met the prescribed success criteria” clearing it for emergency use approval while the UK rolled out the first doses to the public on Tuesday. Meanwhile, prospects a new coronavirus aid bill could be passed soon also pressured the greenback. US Treasury Secretary Steven Mnuchin spoke with House Speaker Nancy Pelosi on Tuesday and presented a $916 billion coronavirus relief proposal.2020-12-09T09:55:00"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketStock futures in the US pointed to gains at the open on Wednesday, as traders welcomed US-president elect Joe Bidens's plan to fight the COVID-19 pandemic during his first 100 days in office. Biden also mentioned that his administration would vaccinate 100 million Americans while pushing to reopening schools and strengthening mask mandates. Meantime, President Donald Trump reportedly has signed an executive order Tuesday intended to ensure that priority access for virus vaccine procured by the government is given to Americans before assisting other nations. Sentiment was also encouraged by reports that US Treasury Secretary Steven Mnuchin presented a $916 billion virus relief proposal to House of Representatives Speaker Nancy Pelosi on Tuesday, as the White House is seeking to break a deadlock in the US Congress. On Tuesday, the Dow Jones gained 105 points or 0.4% to 30,174. The S&P 500 climbed 10 points or 0.3% to 3702. The Nasdaq added 63 points or 0.5% to 12,583.2020-12-09T06:30:00"
US Futures Extend All-Time Highs On Vaccine Hopes,Stock Market,"US Futures Extend All-Time Highs On Vaccine HopesUnited States Stock MarketUS equities extended record highs in early Wednesday trade as the Pfizer-BioNTech vaccine rollout started in UK, while negotiations for further fiscal stimulus continued. US lawmakers will vote this week on a stop-gap funding bill to buy more time to reach a deal on a $908 billion Covid-19 relief package. Senate majority leader Mitch McConnell on Tuesday noted that the package should focus on three areas: small business assistance, expanded unemployment insurance and funding for vaccine distribution and other anti-coronavirus efforts. Meantime, US regulators confirmed that Pfizer and BioNTech's COVID-19 vaccine strongly protects against COVID-19, lifting hopes for the vaccine’s approval. On Tuesday, the Dow Jones gained 105 points or 0.4% to 30,174, the S&P 500 climbed 10 points or 0.3% to 3702 and the Nasdaq added 63 points or 0.5% to 12,583.2020-12-09T00:17:00"
US Dollar Index Trades Near 32-Month Lows,Currency,"US Dollar Index Trades Near 32-Month LowsUnited States CurrencyThe US dollar Index gained 0.145 points or 0.16% to 90.937, trading slightly off 32-month lows as investors weighed recent vaccine developments against further fiscal stimulus for the US economy. Pfizer Inc cleared another hurdle on Tuesday when the US Food and Drug Administration released documents that raised no new red flags over the safety or efficacy of the vaccine it developed with Germany’s BioNTech SE. Meantime, Britain became the first Western nation to begin a wide vaccination campaign, while Johnson & Johnson reported it could obtain late-stage trial results for a single-dose vaccine in January. However, sentiment remains weak as novel coronavirus infection rates continue to surge as the US reported 192,299 new Covid-19 infections on Monday. On the stimulus front, US Treasury Secretary Steven Mnuchin says he spoke with House Speaker Nancy Pelosi on Tuesday and presented a $US916 billion coronavirus relief proposal, upping the previous bipartisan proposal of $US908 billion.2020-12-09T00:07:18.87"
US Stocks Hit Record Highs,Stock Market,"US Stocks Hit Record HighsUnited States Stock MarketUS stocks continued the rally on Tuesday with S&P 500 and Nasdaq closing at all-time highs on positive COVID-19 news and as negotiations for a new stimulus bill in the US continue. Pfizer-BioNTech vaccine rollout started in UK and Johnson & Johnson said it could get late-stage trial results of a single-dose vaccine it is developing in January. Senate Majority Leader McConnell said Congress should pass a coronavirus aid package that includes measures that Democrats and Republicans can agree on. Meanwhile, the coronavirus cases continued to surge with total cases in US approaching 15 Million and the Food and Drug Administration (FDA) said Pfizer’s vaccine provides some protection after the first dose and added that it found no safety concerns. The Dow Jones gained 105 points or 0.4% to 30,174. The S&P 500 climbed 10 points or 0.3% to 3702. The Nasdaq added 63 points or 0.5% to 12,583.
2020-12-08T21:04:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 302342020-12-08T19:21:09.787
Wall Street Extends Gains,Stock Market,"Wall Street Extends GainsUnited States Stock MarketThe Dow Jones added more than 100 points and both the S&P 500 and Nasdaq hit new records, helped by encouraging COVID-19 vaccines news. Johnson & Johnson said it could obtain late-stage trial results of its candidate vaccine earlier than expected, while Pfizer started to roll out its vaccine in the UK. Meanwhile, investors eyed negotiations for additional fiscal stimulus and monitored rising COVID-19 cases and a new round of lockdowns. US lawmakers will vote this week on a stop-gap funding bill to buy more time to reach a deal on a COVID-19 relief package, with hopes for a bipartisan compromise fading after Senate Majority Leader Mitch McConnell refused to endorse the proposed $908 billion plan. Elsewhere, record rises in coronavirus numbers forced California to shut all but critical infrastructure and retail operations in its worst-hit areas, while New York's governor threatened to ban indoor restaurant dining in New York City.2020-12-08T18:37:09.307"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 126112020-12-08T18:04:19.633
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 36992020-12-08T16:32:40.983
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 18982020-12-08T16:11:55.42
"US Stocks Try to Rebound, S&P 500 Hits New High",Stock Market,"US Stocks Try to Rebound, S&P 500 Hits New HighUnited States Stock MarketUS stocks traded slightly higher after a negative start Tuesday, as investors eyed negotiations for additional fiscal stimulus and monitored rising COVID-19 cases and a new round of lockdowns. US lawmakers will vote this week on a stop-gap funding bill to buy more time to reach a deal on a COVID-19 relief package, with hopes for a bipartisan compromise fading after Senate Majority Leader Mitch McConnell refused to endorse the proposed $908 billion plan. Elsewhere, record rises in coronavirus numbers forced California to shut all but critical infrastructure and retail operations in its worst-hit areas, while New York's governor threatened to ban indoor restaurant dining in New York City. The Dow Jones added 0.4% at 30,170 around 11:30am NY time; the S&P 500 advanced 0.2% to an all-time high of 3,699; while the Nasdaq fell from yesterday's record to trade around 12,570.2020-12-08T14:33:00"
US Q3 Nonfarm Labor Costs Fall Less than Anticipated,Labour Costs,"US Q3 Nonfarm Labor Costs Fall Less than AnticipatedUnited States Labour CostsUnit labor costs in the US nonfarm business sector slumped at an annual rate of 6.6 percent in the third quarter of 2020, compared to a preliminary estimate of an 8.9 percent fall and following an upwardly revised 12.3 percent rise in the prior period. The third-quarter decline in unit labor costs followed three consecutive quarterly increases. Hourly compensation decreased 2.3 percent and productivity increased 4.6 percent. Year-on-year, unit labor costs in the nonfarm business sector rose 4 percent.2020-12-08T13:34:00"
US Stock Futures Point to Negative Start,Stock Market,"US Stock Futures Point to Negative StartUnited States Stock MarketUS stock futures fell on Tuesday as investors eyed negotiations for additional fiscal stimulus, and remained concerned about rising coronavirus cases and a new round of lockdowns. US lawmakers will vote this week on a stop-gap funding bill to buy more time to reach a deal on a COVID-19 relief package, with hopes for a bipartisan compromise fading after Senate Majority Leader Mitch McConnell refused to endorse the proposed $908 billion plan. Elsewhere, record rises in coronavirus numbers forced California to shut all but critical infrastructure and retail operations in its worst-hit areas, while New York's governor threatened to ban indoor restaurant dining in New York City. On Monday, the Dow Jones lost 149 points or 0.5% to 30,070. The S&P 500 retreated 7 points or 0.2% to 3,692. The Nasdaq added 56 points or 0.5% to an all-time high of 12,520.2020-12-08T09:27:00"
DXY Remains Under Pressure,Currency,"DXY Remains Under PressureUnited States CurrencyThe US dollar index traded below 91 for the fifth consecutive session on Tuesday, remaining at levels not seen since April of 2018. The greenback has been under high pressure amid fading interest in safe-haven assets as investors believe that the rollout of the coronavirus vaccine will speed up the economic recovery. Meanwhile, a worsening coronavirus pandemic and the dismal November jobs report in the US is putting additional pressure on the Fed to keep interest rates low and on Congress to speed up the approval of a new stimulus package which will contribute to a further rise in debt.2020-12-08T09:19:38.02"
The Dow Jones Index decreasing 0.52%,Stock Market,"The Dow Jones Index decreasing 0.52%United States Stock MarketUnited States Stock Market is falling 158 points. Losses were driven by Intel (-3.93%), Chevron (-2.96%) and Caterpillar (-2.06%). Biggest rises came from Boeing (2.87%), Apple (1.34%) and Nike (1.06%).2020-12-07T20:30:03.89"
US Consumer Credit Grows Below Expectations,Consumer Credit,"US Consumer Credit Grows Below ExpectationsUnited States Consumer CreditConsumer credit in the United States increased by $7.23 billion in October 2020 after increasing by a downwardly revised $15.03 billion in the previous month, missing market expectations of a $16 billion increase. Total revolving credit declined by $5.5 billion after increasing by $2.6 billion in September, whereas non-revolving credit increased by $12.7 billion after rising by $12.4 billion. On an annual basis, consumer credit rose by 2.1 percent after climbing 4.4 percent in the previous month.
2020-12-07T20:09:25.863"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 18942020-12-07T14:49:31.96
US Stocks Edge Lower,Stock Market,"US Stocks Edge LowerUnited States Stock MarketThe Dow Jones and S&P 500 fell on Monday from all-time highs reported last week as investors await more details on a fresh pandemic relief package, and remain concerned about rising coronavirus cases and a new round of lockdowns. US lawmakers are working on the approval of a new $908 billion bill before Congress breaks for the year, with House Speaker Pelosi, Senate Minority leader Schumer and a number of Republican senators endorsing the outline of the plan. A weaker-than-expected US jobs report was also seen as evidence that relief spending was becoming urgent. Meanwhile, the Nasdaq hit a new record.2020-12-07T14:32:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 125442020-12-07T14:31:13.42
US Stock Futures Point to Negative Start,Stock Market,"US Stock Futures Point to Negative StartUnited States Stock MarketUS stock futures fell on Monday, from Friday's record-setting session, as investors awaited more details of a fresh pandemic relief package. US lawmakers are working to agree on a new $908 billion bill before Congress breaks for the year, with House Speaker Nancy Pelosi, Senate Minority leader Chuck Schumer and a number of Republican senators endorsing the outline of the plan. A weaker-than-expected US jobs report was also pointed as evidence that relief spending was becoming urgent. Employment in November was still 9.8 million below pre-pandemic levels despite the recent monthly gains, and the ranks of long-term unemployed climbed to the highest since 2013. The Dow Jones added 248 points or 0.8% to 30,218. The S&P 500 climbed 32 points or 0.9% to 3699. The Nasdaq jumped 87 points or 0.7% to 12,464. During the week, the Dow Jones gained 1.0% , the S&P 500 1.6% and the Nasdaq 2.1%.
.2020-12-07T10:35:00"
Dollar Trades Around 2-1/2-Year Low,Currency,"Dollar Trades Around 2-1/2-Year LowUnited States CurrencyThe US dollar index traded around 91 against a basket of currencies, not far from last week's two-and-a-half-year low of 90.5. The greenback has been under high pressure amid fading interest in safe-haven assets as investors believe that the rollout of the coronavirus vaccine will speed up the economic recovery. Meanwhile, a worsening coronavirus pandemic and the dismal November jobs report in the US is putting additional pressure on the Fed to keep interest rates low and on Congress to speed up the approval of new stimulus package which 
will contribute to a further rise in debt.2020-12-07T09:12:00"
US Stock Futures Gain,Stock Market,"US Stock Futures GainUnited States Stock MarketUS stock index futures rose on Sunday night, as Wall Street looks to extend its record run amid growing prospects for a coronavirus relief package. Data on Friday showed the US economy added the fewest jobs in six months in November, dragged down by a fall in government and retail employment, and cementing expectations of more fiscal stimulus to support an already fragile economic recovery. On the coronavirus front, Pfizer and Moderna have already applied for emergency use authorization for their vaccines. Last week, the Dow Jones gained 1.0%, the S&P 500 1.6% and the Nasdaq 2.1%. 2020-12-07T01:08:00"
Dow Jones Books Record,Stock Market,"Dow Jones Books RecordUnited States Stock MarketWall Street closed mixed on Friday with the S&P eking out a fresh high, as traders shook off a disappointing employment report. In November, the US economy added only 245 thousand jobs, well below consensus of 440 thousand and October’s gain of 638 thousand. Still, the unemployment rate fell to 6.7% from 6.9% and matched consensus. On the pandemic side, the US reported record numbers on Thursday of new cases, single-day deaths and hospitalizations. The Dow Jones added 248 points or 0.8% to 30,218. The S&P 500 climbed 32 points or 0.9% to 3699. The Nasdaq jumped 87 points or 0.7% to 12,464. During the week, the Dow Jones gained 1.0%, the S&P 500 1.6% and the Nasdaq 2.1%.2020-12-04T21:04:00"
The Dow Jones Index rising 0.66%,Stock Market,"The Dow Jones Index rising 0.66%United States Stock MarketUnited States Stock Market is gaining 197 points. Leading the gains are Caterpillar (4.91%), Chevron (3.22%) and IBM (2.77%). Top losers are Boeing (-2.22%), Home Depot (-1.82%) and Walmart (-0.80%).2020-12-04T20:30:02.82"
US 10Y Bond Yield Hits 37-week High,Government Bond 10Y,US 10Y Bond Yield Hits 37-week Highunited states Government Bond 10YThe yield on the benchmark 10-year bond increased to a 37-week high of 0.9808% on Friday as investors weighed a worsening inflation outlook amid growing prospects for a US coronavirus relief package after a disappointing employment report. 2020-12-04T15:19:00
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 18632020-12-04T14:49:50.983
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 36852020-12-04T14:41:16.843
US Imports Jumps to 8-Month High,Imports,"US Imports Jumps to 8-Month HighUnited States ImportsImports to the United States rose by USD 5.0 billion from the previous month to USD 245.1 billion in October of 2020, the highest level since February. Goods purchases advanced by USD 4.3 billion to USD 207.8 billion, led by imports of consumer goods such as cell phones and other household goods; capital goods, of which computer accessories and other industrial machinery; industrial supplies and materials on the back of nonmonetary gold and crude oil; and automotive vehicles, parts, and engines. Imports of services increased by USD 0.7 billion to USD 37.4 billion, boosted by travel and transport.2020-12-04T13:40:00"
US Exports Rise to 7-Month High,Exports,"US Exports Rise to 7-Month HighUnited States ExportsExports from the United States increased by USD 4.0 billion to USD 182.0 billion in October 2020, the highest level since March, as global demand continued to recover from the coronavirus pandemic shock. Goods exports were up by USD 3.7 billion to USD 126.3 billion, boosted by sales of industrial supplies and materials, such as natural gas and organic chemicals; and capital goods, of which civilian aircraft engines and semiconductors. Services exports increased USD 0.3 billion to USD 55.7 billion, led by travel and transport.2020-12-04T13:32:00"
US Average Hourly Earnings Rise More than Expected,Average Hourly Earnings,"US Average Hourly Earnings Rise More than ExpectedUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls rose by 9 cents, or 0.3 percent over the month to USD 29.58 in November of 2020, after increasing 0.1% in October and above market expectations of a 0.1 percent gain. Year-on-year, average hourly earnings have increased by 4.4 percent, the same pace as in the prior month and slightly above market consensus of 4.3 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to USD 24.87. 



2020-12-04T13:31:00"
US Futures Higher Ahead of the Jobs Report,Stock Market,"US Futures Higher Ahead of the Jobs ReportUnited States Stock MarketUS futures traded in the green on Friday as investors await the payrolls report later in the day which is likely to show the economy added the least jobs in 6 months and unemployment fell to 6.8%. Meanwhile, investors continue to follow developments on the stimulus package. US House Speaker Pelosi and Senate Majority Leader Mitch McConnell resumed phone talks on Thursday. On the coronavirus front, more than 217K new infections were recorded in the US on Thursday, the highest on record while Pfizer expects to ship half the covid-19 vaccine doses it had originally planned for this year, due to supply chains constraints, the Wall Street Journal reported. On Thursday, the Dow Jones rose 86 points or 0.3% to 29970 and the Nasdaq gained 28 points or 0.2% to 12,377, while the S&P fell 2 points or 0.1% to 3667.2020-12-04T09:14:00"
US Jobless Rate Seen at 6.8% in November,Unemployment Rate,"US Jobless Rate Seen at 6.8% in NovemberUnited States Unemployment RateThe US unemployment rate is seen easing to 6.8 percent in November 2020, little-changed from October's 6.9 percent, a number that has been biased down by people misclassifying themselves as being “employed but absent from work.” November's jobless rate would compare with an all-time high of 14.7 percent hit in April but would still remain well above pre-pandemic levels of about 3.5 percent, as the labor market recovery from COVID-19 shock showed signs of slowing amid a lack of fiscal stimulus and spiraling new coronavirus infections.2020-12-04T09:03:34.22"
US Stock Futures Point to Slightly Higher Open,Stock Market,"US Stock Futures Point to Slightly Higher OpenUnited States Stock MarketStock futures in the US edged higher on Friday, amid renewed hopes for stimulus in the country following talks between House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell on Thursday, while the US Federal Reserve is expected to tweak its guidance of its asset purchase scheme later this month. Meantime, US president-elect Joe Biden urged Congress on Wednesday to pass a relief bill, with more aid to come next year. On the pandemic front, Gavin Newsom announced a new stay-at-home order Thursday, with new restrictions on social and economic activities to be triggered when a given region's intensive care units fill close to capacity.  Traders now await US employment report later in the day. On Thursday, the Dow Jones rose 86 points or 0.3% to 29970 and the Nasdaq gained 28 points or 0.2% to 12,377, while the S&P fell 2 points or 0.1% to 3667.2020-12-04T06:41:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 301192020-12-03T20:21:09.107
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 36792020-12-03T15:08:51.397
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 125102020-12-03T15:03:03.093
US Composite PMI Highest Since 2015: Markit,Composite PMI,"US Composite PMI Highest Since 2015: MarkitUnited States Composite PMIThe IHS Markit US Composite PMI was revised higher to 58.6 in November 2020, up from a preliminary estimate of 57.9 and compared with October's 56.3. The latest reading signaled the steepest month of expansion in the US private sector business activity since March 2015, as manufacturing and service sector firms both recorded faster expansions in output. New order growth was the strongest since mid-2018, largely driven by domestic demand, as both goods producers and service providers indicated only marginal upturns in new export business. In addition, employment rose the most since the survey began in 2009. On the price front, both input costs and output charges rose at record rates. Looking ahead, business expectations strengthened to the highest since May 2014 amid vaccine hopes and signs of pent-up demand being released.2020-12-03T14:52:00"
US Services PMI at Near 6-Year High: Markit,Services PMI,"US Services PMI at Near 6-Year High: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 58.4 in November 2020, up from a preliminary estimate of 57.7 and compared with October's final 56.9. The latest reading signaled the steepest expansion in service output since March 2015, boosted by the fastest increase in new orders since April 2018 and the strongest employment growth since data collection began in October 2009. On the price front, input costs rose at record pace, while firms also raised their output charges at the fastest rate for more than a decade in an effort to pass on steeper cost burdens to customers. Looking ahead, business optimism was the strongest since January 2014 due to hopes of a vaccine against COVID-19, and an end to election uncertainty.
2020-12-03T14:48:00"
Dollar General earnings at 2.31 USD,Earnings,"Dollar General earnings at 2.31 USDUnited States EarningsDollar General (DG) released earnings per share at 2.31 USD, compared to market expectations of 1.99 USD.2020-12-03T13:02:42.487"
Initial Jobless Claims Seen Little Changed at 775K,Initial Jobless Claims,"Initial Jobless Claims Seen Little Changed at 775KUnited States Initial Jobless ClaimsInitial jobless claims are seen little changed at 775 thousand in the week ended November 28th, compared to 5-week high of 778 thousand reported in the previous week amid rising COVID-19 cases and new lockdowns across the country. Still, the claims remain elevated and far from 200 thousand level reported back in February before the coronavirus related lockdowns. Meanwhile, continuing claims are forecast to drop to 5.915 million in the November 21st week, which would mark the 10th straight week of declines and the lowest level since March.2020-12-03T10:30:00"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketUS futures traded around the flatline on Thursday as investors take another pause for breath and await developments on a coronavirus vaccine and fresh stimulus. House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer called for talks and said the $908 billion bipartisan stimulus plan proposed earlier in the week could be the basis for the discussion. On the coronavirus front, the US topped a record 100K hospitalizations and new infections reached 200K on Wednesday, the second highest daily rate ever, with LA issuing a stay-at-home order although retail businesses will remain open. Meanwhile, initial claims fell much more than anticipated in the latest week but remained above 700K. The ISM non-manufacturing PMI due later in the day will also be in the spotlight.2020-12-03T08:50:00"
DXY Falls Below 91,Currency,"DXY Falls Below 91United States CurrencyThe US dollar continues to face heavy selling pressure in December, falling below 91 for the first time since April of 2018 as interest in safe heaven assets wained further on signs of progress in fiscal stimulus in the US and the rollout of a COVID-19 vaccine. Still, a worsening coronavirus pandemic and new lockdowns across the country raised concerns about the extent of economic pain before a vaccine is made available. At the same time, low-interest rates and worries about rising levels of debt in the US are leaving room for further downside momentum. 2020-12-03T08:35:00"
US Stock Futures Point to Slightly Lower Open,Stock Market,"US Stock Futures Point to Slightly Lower OpenUnited States Stock MarketUS stock futures edged lower on Thursday after a disappointing US jobs report, with private payrolls showing fewer jobs than expected were added in November as growing new COVID-19 infections led to additional business restrictions. Meanwhile, President-elect Joe Biden said he won’t immediately remove the elevated tariffs that the Trump administration imposed on China. In addition, Reuters reported that US President Donal Trump might be ready to begin planning another run for the White House in 2024. On Wednesday, the Dow Jones added 60 points or 0.2% to 29,884, while the S&P 500 rose 7 points or 0.2% to a new record of 3669. In contrast, the Nasdaq lost 6 points or 0.1% to 12,349.2020-12-03T06:32:00"
NY Business Conditions at 3-Month Low,Ism New York Index,"NY Business Conditions at 3-Month LowUnited States Ism New York IndexThe ISM New York Current Business Conditions index fell to 44.2 in November of 2020 from a 1-1/2-year high of 65.1 in October. Employment (34.6 vs 58.4) and purchases (40 vs 56.7) went back to contraction and both current (42.9 vs 46.7) and expected revenues (47.5 vs 60) fell. Also, price pressures intensified (65 vs 53.3). The Six-Month Outlook sank to 48.6 from 62.9, reaching the lowest since May.2020-12-02T15:48:15.41"
US Futures Point to Losses at the Open,Stock Market,"US Futures Point to Losses at the OpenUnited States Stock MarketUS futures were trading lower on Wednesday, as investors take a breath after strong gains in the previous session which sent the S&P 500 and the Nasdaq to record highs. Traders digest stimulus talks, rising covid-19 infections, progress on vaccines and Biden's intention not to immediately cancel the Phase 1 trade deal with China. At the same time, hopes grew that a new coronavirus-aid bill could be unveiled soon after a group of lawmakers on Tuesday proposed a $908 billion package although the Senate Majority Leader Mitch McConnell rejected it. Meanwhile, the UK became the first country in the world to authorize the use of Pfizer/BioNTech coronavirus vaccine, making it available from next week. 2020-12-02T09:37:00"
US Stock Futures Fall,Stock Market,"US Stock Futures FallUnited States Stock MarketStock futures in the US pointed to losses at the open on Wednesday amid fears over surging local COVID-19 infections. New York Governor Andrew Cuomo said Tuesday the state was implementing emergency hospital measures as COVID-19 cases continue to rise. Meanwhile, Mississippi Governor Tate Reeves instituted mask mandates in 13 more Mississippi counties but chose not to implement the measure statewide. At the same time, Florida joined Texas and California in surpassing 1 million confirmed virus cases Tuesday as the governor has vowed not to adopt any further restrictions. Meanwhile, remarks from the chief adviser of Operation Warp Speed program Moncef Slaoui that Americans may get vaccinated against the virus as early as mid-December was unable to support risk appetite. On the data front, the ISM manufacturing PMI slowed slightly more than anticipated in November. On Tuesday, the Dow Jones gained 0.6% to 29,824. The S&P surged 1.1% to 3,662, and the Nasdaq rallied 1.3% to 12,355.2020-12-02T06:46:00"
US Crude Stocks Rise for 3rd Straight Week,API Crude Oil Stock Change,"US Crude Stocks Rise for 3rd Straight WeekUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 4.1 million barrels in the week ended November 27th of 2020, following a 3.8 million rise in the previous week, and marking the third straight weekly gain, data from the American Petroleum Institute showed.2020-12-01T21:38:00"
Salesforce.com earnings at 1.74 USD,Earnings,"Salesforce.com earnings at 1.74 USDUnited States EarningsSalesforce.com (CRM) released earnings per share at 1.74 USD, compared to market expectations of 0.74 USD.2020-12-01T21:21:47.667"
US Stocks Rebound on Tuesday,Stock Market,"US Stocks Rebound on TuesdayUnited States Stock MarketWall Street traded deeply in the green on Tuesday and the S&P and Nasdaq hit records following a historic rally in November. On the policy side, a group of bipartisan lawmakers offered a new $908 billion stimulus plan in an effort to break the legislative stalemate as COVID-19 contagions surge throughout the country, seeking to address the expiration of key economic aid programs, including an unemployment insurance extension. According to a draft framework, the proposal includes $288 billion in small business aid such as Paycheck Protection Program loans, $160 billion in state and local government relief and $180 billion to fund a $300 per week supplemental unemployment benefit through March. Meanwhile, New York Gov. Andrew Cuomo said the state was implementing emergency hospital measures as cases continue to rise. Around 14:00 NY time, the Dow Jones gained 1%, the S&P surged 1.4%, and the Nasdaq rallied 1.6%.
2020-12-01T19:01:00"
Dollar Set to Weaken Further,Currency,"Dollar Set to Weaken FurtherUnited States CurrencyThe US dollar continues to face heavy selling pressure in December, testing the 91 area for the first time since April of 2018. Robust economic growth prospects outside the US, low-interest rates and concerns about rising levels of debt have dented the dollar’s status as the preferred safe-haven. A worsening coronavirus pandemic and new lockdowns across the country raised concerns about the extent of economic pain in the world’s largest economy before a vaccine is made available. Furthermore, hopes of extra fiscal stimulus have re-emerged along with further monetary easing from the Fed, leaving room for further downside momentum. 2020-12-01T18:17:00"
Dollar Drops to 2-1/2-Year Low,Currency,"Dollar Drops to 2-1/2-Year LowUnited States CurrencyThe dollar index fell to below 91.4 on Tuesday, its lowest level on a closing basis since April 2018 as traders rush to risk assets on prospects of a robust global economic recovery and further US stimulus. The Federal Reserve is due to pump more money into the economy, expanding both its bond-buying programme and ultra-cheap loans to banks, in the light of weaker-than-expected US economic data and diminished hopes for more financial aid before January. At the same time, dollar's diminishing safe-haven status in the light of developments toward a coronavirus vaccine and reduced uncertainty in US politics leaves room for further downside momentum. On the economic data, recent figures showed a rise in construction spending but a decrease in the manufacturing index. 2020-12-01T17:26:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 124402020-12-01T16:29:22.647
US Construction Spending Rises the Most in 9 Months,Construction Spending,"US Construction Spending Rises the Most in 9 MonthsUnited States Construction SpendingConstruction spending in the US increased 1.3 percent from the previous month to a seasonally adjusted annual rate of USD 1.44 trillion in October 2020, following a downwardly revised 0.5 percent fall in September and beating market expectations of a 0.8 percent gain. That was the largest increase in construction spending since January. Spending on private construction rose 1.4 percent, rebounding from a 0.4 percent drop, fueled by investment in homebuilding amid record-low mortgage rates and a pandemic-driven migration to suburbs and low-density areas. Also, investment in public construction projects was up 1 percent, recovering from a 0.7 percent fall.2020-12-01T15:04:00"
US Manufacturing PMI Confirmed at Near 6-Year High: Markit,Manufacturing PMI,"US Manufacturing PMI Confirmed at Near 6-Year High: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was confirmed at 56.7 in November of 2020, the same as in the preliminary estimate and pointing to the strongest factory growth since September of 2014. Overall growth was supported by faster upturns in output and new orders amid stronger domestic and foreign client demand. Employment rose only marginally, however, and pressure on capacity was exacerbated by near-survey record supply chain delays and input shortages. Despite short-term uncertainty reflected in slower hiring, firms were the most confident regarding the outlook for output over the coming year in almost six years. On the price front, input prices increased markedly and output charges rose at the fastest pace for over two years as firms sought to pass these higher costs on to customers.2020-12-01T14:48:07.703"
S&P and Nasdaq Hit Record Highs,Stock Market,"S&P and Nasdaq Hit Record HighsUnited States Stock MarketUS stocks rallied on the 1st trading day of December, building on the strong gains from the previous month fuelled by vaccine breakthroughs. The Dow surged more than 400 points and both the S&P 500 and the Nasdaq were up near 1% to all-time highs. Moderna joined Pfizer in requesting emergency FDA authorization for its COVID-19 vaccine candidate and both sought regulatory clearance for their Covid-19 vaccine in the European Union. Meanwhile, investors keep an eye on Fed Chair Jerome Powell's testimony on the CARES Act before the Senate. In prepared remarks, Powell stressed the importance of the lending programs aimed at battling the economic fallout from the coronavirus pandemic. Treasury Secretary Steven Mnuchin is also expected to testify. On the data front, the ISM manufacturing PMI slowed slightly more than anticipated but still pointed to strong factory growth. 2020-12-01T14:34:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 36632020-12-01T14:30:05.513
US Futures Start December on a Positive Note,Stock Market,"US Futures Start December on a Positive NoteUnited States Stock MarketUS futures were higher on the first trading day of December, building on the strong gains from the previous month fueled by vaccine breakthroughs. Moderna joined Pfizer in requesting emergency FDA authorization for its COVID-19 vaccine candidate. Meanwhile, investors await Fed Chair Jerome Powell's testimony on the CARES Act before the Senate later in the day. In prepared remarks, Powell stressed the importance of the lending programs aimed at battling the economic fallout from the coronavirus pandemic. Treasury Secretary Steven Mnuchin is also expected to testify. On the data front, the final Markit manufacturing PMI reading and the ISM Manufacturing PMI will also be in the spotlight. Last month, the Dow gained 11.8%, the best monthly performance since January of 1987. The S&P 500 went up 10.8% and Nasdaq 11.8%, their strongest monthly gain since April.2020-12-01T10:40:00"
US Stock Futures Climb,Stock Market,"US Stock Futures ClimbUnited States Stock MarketStock futures in the US rose sharply on Tuesday, ahead of Federal Reserve Chair Jerome Powell's testimony before legislators. Traders were increasingly optimistic about the expected development of a COVID-19 vaccine. Moderna said Monday it was asking US and European regulators to allow emergency use of its virus vaccine after final results from the late-stage trials confirm it has 94.1% efficacy.  Further adding the positive momentum, US president-elect Joe Biden named several women to his top economic policy team, including former Federal Reserve chief Janet Yellen as treasury secretary nominee, Cecilia Rouse as chair of his Council of Economic Advisers, and Heather Boushey as members of the council. Biden also selected Wally Adeyemo to be Yellen’s deputy, which would make him the first Black deputy treasury secretary. On Monday, the Dow Jones retreated 271 points or 0.9% to 29,639. The S&P 500 lost 17 points or 0.5% to 3622. The Nasdaq fell 7 points or 0.1% to 12,200. 2020-12-01T06:02:00"
Dow Jones Books Biggest Monthly Gain Since 1987,Stock Market,"Dow Jones Books Biggest Monthly Gain Since 1987United States Stock MarketWall Street closed in the red on Monday but the Dow Jones still booked the biggest monthly gain since 1987, as investors cashed in some of November’s profits amid coronavirus vaccine hopes. On the policy side, sentiment was dragged after Reuters reported that the Trump administration is weighing blacklisting Chinese leading chipmaker SMIC as well as national offshore oil and gas producer CNOOC. On the pandemic front, Dr. Fauci said on Sunday that the US is heading into a tough period and that travel restrictions will be necessary. Meanwhile, Los Angeles County imposed a new stay-home order and New York City public schools will begin to reopen on 7 December 2020. The Dow Jones retreated 271 points or 0.9% to 29,639. The S&P 500 lost 17 points or 0.5% to 3622.  The Nasdaq fell 7 points or 0.1% to 12,200. During the month, the Dow gained 12% in November, the most since 1987 and the S&P 500 and the Nasdaq were up 10.5% and 11.5%, respectively.
2020-11-30T21:05:00"
The Dow Jones Index is down by 1.15%,Stock Market,"The Dow Jones Index is down by 1.15%United States Stock MarketUnited States Stock Market is losing 345 points. Losses were led by Chevron (-4.26%), Salesforce.com (-3.03%) and Travelers Companies (-2.98%).2020-11-30T20:30:03.607"
Texas Manufacturing Activity Slows from 2-Year High,Dallas Fed Manufacturing Index,"Texas Manufacturing Activity Slows from 2-Year HighUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 12 in November of 2020 from a two-year high of 19.8 in October. Still, the reading pointed to the 6th consecutive month of growth in factory activity. The production index, a key measure of state manufacturing conditions, fell from 25.5 to 7.2, indicating a deceleration in output growth. Other measures of manufacturing activity also point to slower growth this month, as the indexes remained positive but came in below last month’s readings. The new orders index dropped 13 points to 7.2, and the growth rate of orders index fell five points to 9.7. The capacity utilization index dropped from 23.0 to 6.9, and the shipments index fell from 21.9 to 13.7.2020-11-30T15:51:09.427"
Chicago PMI Falls for 2nd Month,Chicago PMI,"Chicago PMI Falls for 2nd MonthUnited States Chicago PMIThe MNI Chicago Business Barometer in the US fell for the second month to 58.2 in November of 2020 from 61.1 in October and below forecasts of 59. Still, figures pointed to a strong expansion in Chicago business activity. Among the main five indicators, new orders and production declined, while supplier deliveries saw the largest gain.2020-11-30T15:02:00"
Dow Jones Set for Biggest Monthly Gain Since 1987,Stock Market,"Dow Jones Set for Biggest Monthly Gain Since 1987United States Stock MarketThe Dow is on track to gain almost 12% in November, the most since 1987 and the S&P 500 and the Nasdaq are up 10.5% and 11.4%, respectively, the most since April amid prospects a coronavirus vaccine could be used soon and a smooth transition of power in the US. At the same time, all three main US stock market indexes were down on Monday as investors took a breath after a rally last week that sent the S&P and the Nasdaq to record close. Mounting tensions with China weighed on traders' mood after Reuters reported that the Trump administration is considering adding China’s top chipmaker SMIC and oil and gas producer CNOOC to defense blacklist. Meanwhile, Moderna said is planning to ask the FDA for emergency clearance of its coronavirus vaccine later on Monday. The US reported near 139K new coronavirus infections on Sunday and the country's top infectious disease expert Anthony Fauci already said that the US may see ""surge upon a surge” of the COVID-19 in the weeks after Thanksgiving. 2020-11-30T14:35:00"
"US Futures Point to Mixed Open, on Track for Best Month since April",Stock Market,"US Futures Point to Mixed Open, on Track for Best Month since AprilUnited States Stock MarketDow Jones and S&P 500 futures were down on Monday while the Nasdaq traded near the flatline, as investors take a breath after a rally last week that sent the S&P and the Nasdaq to record closes. Mounting tensions with China also weighed on traders' mood after Reuters reported that the Trump administration is considering adding China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to defense blacklist. Meanwhile, the US reported near 139K new coronavirus infections on Sunday, following a record of more than 205K on Friday, and the country's top infectious disease expert Anthony Fauci already said that the US may see ""surge upon a surge” of the COVID-19 in the weeks after Thanksgiving. Still, stocks are on track to book the biggest monthly gain since April amid prospects a coronavirus vaccine could be used soon and a smooth transition of power. The Dow is up 12.9% so far, the S&P 500 11.3% and the Nasdaq 11.9%.
2020-11-30T09:36:00"
US Stock Futures Point to Lower Open,Stock Market,"US Stock Futures Point to Lower OpenUnited States Stock MarketStock futures in the US fell sharply on Monday, after the country's top infectious disease expert Anthony Fauci said Sunday that the US may see ""surge upon a surge” of the COVID-19 in the weeks after Thanksgiving, adding that he does not expect current social distancing to be relaxed before Christmas. At the same time, traders were cautious after New York City Mayor Bill DeBlasio said the school system in the city will reopen to in-person learning. The number of virus infections in the US on Friday hit 200 thousand for the first time. On Friday, Wall Street ended higher with the S&P adding 9 points to a record 3,638, the Nasdaq 111 points to a record high of 12,206 and the Dow Jones gaining 38 points to 29,910. 2020-11-30T06:33:00"
Dollar at 7-Month Low,Currency,"Dollar at 7-Month LowUnited States CurrencyThe dollar index lost 0.2% to 91.8 on Friday, the lowest on a closing basis since April 29th, leaving the door open for deeper retracements as a vulnerable job market raised speculation over further monetary easing or additional government stimulus. Jobless claims came in higher than expected amid a worsening coronavirus pandemic and new lockdowns across the country. At the same time, dollar's diminishing safe-haven status in the light of developments toward a coronavirus vaccine and reduced uncertainty in US politics leaves room for further downside momentum. On the week, the dollar fell 0.6%, the second consecutive weekly decline and pushing the yearly loss to nearly 5%.2020-11-27T21:34:00"
NASDAQ 100 Hits 12-week High,Stock Market,NASDAQ 100 Hits 12-week HighUnited States Stock MarketNASDAQ 100 increased to a 12-week high of 122692020-11-27T15:12:23.207
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 36462020-11-27T14:49:03.607
US Stocks Gain in Shortened Session,Stock Market,"US Stocks Gain in Shortened SessionUnited States Stock MarketWall Street surged on Friday, with the Dow Jones rising more than 70 points, the S&P 500 nearly 0.4% and the Nasdaq around 0.8% as traders return from the Thanksgiving holiday for a shortened session. Retailers were among the top performers amid hopes of strong Black Friday sales. Investors also assess prospects that a coronavirus vaccine can be used soon, chances the Fed would raise asset purchases from the current pace of $120 billion a month, an orderly transition of power and mixed economic data released during the week. Meanwhile, more than 110K coronavirus infections were recorded on Thursday, the lowest in near 2 weeks2020-11-27T14:35:00"
US Futures Higher as Investors Return from Thanksgiving,Stock Market,"US Futures Higher as Investors Return from ThanksgivingUnited States Stock MarketStock futures in the US were trading higher on Friday as traders return from the Thanksgiving holiday for a shortened session. Investors assess prospects that a coronavirus vaccine can be used soon, chances the Fed would raise asset purchases from the current pace of $120 billion a month, an orderly transition of power and mixed economic data released during the week. Also, more than 110K coronavirus infections were recorded on Thursday, the lowest in near 2 weeks. On Wednesday, the Dow Jones lost 174 points or 0.6% to 29,873, while the S&P 500 retreated 6 points or 0.2% to 3630. In contrast, the Nasdaq gained 57 points or 0.5% to 12,094.2020-11-27T09:06:00"
Dow and S&P 500 Futures Cut Most Gains,Stock Market,"Dow and S&P 500 Futures Cut Most GainsUnited States Stock MarketThe Dow, S&P 500 and Nasdaq futures contracts have been trading nearly flat on Thursday night as investors digest a batch of mixed economic data released the day before. Traders also absorb the latest FOMC minutes as Fed officials discussed raising asset purchases from the current pace of $120 billion a month. Meanwhile, the infection rate in the US increased for the 3rd straight day on Wednesday, with more than 181K new coronavirus reported, the 3rd highest on record. US markets are closed on Thursday for the Thanksgiving holiday and will close early at 1:00 PM on Friday. On Wednesday, the Dow Jones lost 174 points or 0.6% to 29,873, while the S&P 500 retreated 6 points or 0.2% to 3630. In contrast, the Nasdaq gained 57 points or 0.5% to 12,094.2020-11-26T12:53:00"
US Futures Slightly Higher in Quiet Trading,Stock Market,"US Futures Slightly Higher in Quiet TradingUnited States Stock MarketUS futures were slightly higher on Thursday as investors shrug off a batch of mixed economic data released the day before which showed the first back-to-back rise in initial jobless claims since July. Traders also digest latest FOMC minutes as Fed officials discussed raising asset purchases from current pace of $120 billion a month. Meanwhile, the infection rate in the US increased for the third straight day on Wednesday, as more than 181K new coronavirus cases were reported, the third highest on record. On the corporate front, Disney announced it would lay off 32,000 workers, more than 28,000 it announced in September, due to few customers during the pandemic. US markets are closed on Thursday for the Thanksgiving holiday and will close early at 1:00 PM on Friday. On Wednesday, the Dow Jones lost 174 points or 0.6% to 29,873, while the S&P 500 retreated 6 points or 0.2% to 3630. In contrast, the Nasdaq gained 57 points or 0.5% to 12,094.2020-11-26T09:13:56.297"
US Dollar Index Breaks Support Level,Currency,"US Dollar Index Breaks Support LevelUnited States CurrencyThe dollar index has broken its main support level at 92, leaving the door open for deeper retracements as a vulnerable job market raised speculation over further monetary easing or additional government stimulus. Jobless claims came in higher than expected amid a worsening coronavirus pandemic and new lockdowns across the country. At the same time, dollar's diminishing safe-haven status in the light of developments toward a coronavirus vaccine and reduced uncertainty in US politics leaves room for further downside momentum. As a result, the greenback is on track for its second weekly decline.2020-11-25T18:16:00"
US Crude Inventories Fall Unexpectedly,Crude Oil Stocks Change,"US Crude Inventories Fall UnexpectedlyUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 0.754 million barrels in the week ended November 20th, 2020, following a 0.768 million increase in the previous period and compared with market expectations of a 0.127 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 2.2 million barrels, while markets had forecast a smaller 0.6 million rise.2020-11-25T16:02:18.067"
US PCE Price Index Unchanged in October,PCE Price Index Monthly Change,"US PCE Price Index Unchanged in OctoberUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States was unchanged in October 2020, following a 0.2 percent gain in September, as a 0.1 percent increase in services cost offset a 0.2 percent decline in goods prices. Within goods, prices were down for nondurable goods (-0.3 percent) and durable goods (-0.1 percent). Excluding food and energy, PCE prices were also flat in October, in line with market expectations. Year-on-year, the PCE price index advanced 1.2 percent and the core index increased 1.4 percent. 2020-11-25T15:12:00"
New Home Sales Edge Down from 14-Year High,New Home Sales,"New Home Sales Edge Down from 14-Year HighUnited States New Home SalesNew home sales in the US edged down 0.3 percent month-over-month to a seasonally adjusted annual rate of 999 thousand in October of 2020, compared to forecasts of 970 thousand. Sales fell from an upwardly revised 1,002 thousand in September which was the highest reading since November of 2006. Still, the level of home sales remained elevated as the housing market has been supported by record low interest rates and increasing demand from people moving away from big cities due to the coronavirus crisis. Sales dropped in the South (-2 percent to 580 thousand) and the West (-1.5 percent to 269 thousand), but rose in the Midwest (11.2 percent to 109 thousand) and the Northeast (5.1 percent to 41 thousand). The median sales price went up to $330,600 from $322,400 a year earlier. 

2020-11-25T15:08:00"
US Consumer Sentiment Revised Lower,Consumer Confidence,"US Consumer Sentiment Revised LowerUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised lower to 76.9 in November of 2020 from a preliminary of 77 and below 81.8 in October. It is the lowest reading since August. There was a significant decline in the expectations component (70.5 vs 71.3 in the preliminary release) which was partially offset by more favorable assessments of current economic conditions (87 vs 85.8). Meantime, inflation expectations were left unchanged for both the year ahead (2.8 percent) and the next 5 years (2.6 percent). The November data were less optimistic than last month due to the resurgence in covid infections and deaths as well as partisan shifts due to the outcome of the presidential election. For the first time since Trump entered office, Democrats rather than Republicans held a more optimistic economic outlook.2020-11-25T15:07:00"
US Personal Spending Rises 0.5% in October,Personal Spending,"US Personal Spending Rises 0.5% in OctoberUnited States Personal SpendingPersonal spending in the US increased 0.5 percent from a month earlier in October 2020, following a downwardly revised 1.2 percent growth in September and slightly beating market forecasts of 0.4 percent. Real PCE rose 0.5 percent, boosted by increases in spending for both goods and services. Consumption of goods advanced 0.2 percent (vs 1.5 percent in September) boosted by recreational goods and vehicles. In addition, spending on services was up 0.6 percent (vs 0.8 percent in September) due to health care spending. 2020-11-25T15:06:00"
US Goods Trade Gap Widens in October,Goods Trade Balance,"US Goods Trade Gap Widens in OctoberUnited States Goods Trade BalanceThe US goods trade deficit widened slightly to USD 80.29 billion in October 2020, from USD 79.36 billion in the previous month, the advance estimate showed. Exports increased 2.8 percent, mainly boosted by sales of industrial supplies (3.9 percent), capital goods (3.9 percent) and consumer goods (6.1 percent). Imports rose at a slower 2.2 percent, due to purchases of vehicles (3.2 percent), industrial supplies (3.1 percent), capital goods (2.4 percent) and consumer goods (2.2 percent).2020-11-25T13:44:41.837"
US Wholesale Inventories Rise the Most in Over 1-1/2-Years,Wholesale Inventories,"US Wholesale Inventories Rise the Most in Over 1-1/2-YearsUnited States Wholesale InventoriesWholesale inventories in the US increased 0.9 percent over a month earlier in October 2020, following an upwardly revised 0.7 percent rise in the previous month, a preliminary estimate showed. It was the biggest rise in wholesale inventories since January last year, as both durable goods (0.2 percent vs 0.1 percent in September) and nondurable goods stocks (1.9 percent vs 1.5 percent) advanced further. Year-on-year, wholesale stocks declined 2.7 percent2020-11-25T13:34:00"
US GDP Growth Confirmed at Record 33.1%,GDP Growth Rate,"US GDP Growth Confirmed at Record 33.1%United States GDP Growth RateThe US economy expanded by an annualized 33.1% in Q3 2020, in line with the advance estimate. It is the biggest expansion ever, following a record 31.4% plunge in Q2, as the economy rebounds from the coronavirus pandemic. Upward revisions to business and housing investment, and exports were offset by downward revisions to personal and public consumption and private inventory investment. Still, personal spending was the main driver of growth, helped by checks and weekly unemployment benefits from the federal CARES Act. However, GDP is still 3.5% below its pre-pandemic level and although a coronavirus vaccine is expected to be ready soon, the pandemic is far from controlled. Also, only around half of the 22 million jobs lost were recovered so far and a new stimulus bill hasn't been approved yet.2020-11-25T13:34:00"
Deere & Company earnings at 2.39 USD,Earnings,"Deere & Company earnings at 2.39 USDUnited States EarningsDeere & Company (DE) released earnings per share at 2.39 USD, compared to market expectations of 1.44 USD.2020-11-25T13:02:14.177"
"US Mortgage Applications Rebound, Rates Hit New Low",Mortgage Applications,"US Mortgage Applications Rebound, Rates Hit New LowUnited States Mortgage ApplicationsMortgage applications in the United States surged 3.9 percent in the week ended November 20th, after falling in each of the previous two weeks, data from the Mortgage Bankers Association showed. Homebuyer mortgage applications rose 3.5 percent and those to refinance a home loan surged 4.5 percent. The average fixed 30-year mortgage rate fell 7bps to 2.92 percent, hitting a new record low level. “Weekly mortgage rate volatility has emerged again, as markets respond to fiscal policy uncertainty and a resurgence in Covid-19 cases around the country,” said Joel Kan, MBA’s associate vice president of industry and economic forecasting.2020-11-25T12:05:00"
Dollar Close to 2018 Levels,Currency,"Dollar Close to 2018 LevelsUnited States CurrencyThe dollar index reversed early losses to trade nearly flat around 92.2 on Wednesday but remained close to levels not seen since May of 2018, as positive news about a coronavirus vaccine, an orderly transition of power in the US and hopes of further fiscal stimulus raised investors' appetite for riskier assets. Meanwhile, fresh economic data painted a mixed picture. Initial claims rose for the second week to 778K, above forecasts of 730K and personal income unexpectedly fell. In contrast, spending rose slightly more than anticipated, new home sales remained strong, GDP growth was confirmed at a record 33.1% in Q3 and durable goods orders came above expectations. Investors will also keep an eye on FOMC minutes later in the day.2020-11-25T09:30:00"
Weekly Jobless Claims Seen Falling to 730K,Initial Jobless Claims,"Weekly Jobless Claims Seen Falling to 730KUnited States Initial Jobless ClaimsInitial jobless claims are seen falling to 730 thousand in the week ended November 21st, after rising for the first time in over a month the week before, amid rising COVID-19 cases and new lockdowns across the country. That would be the sixth consecutive week with claims below 800 thousand, although they remain well above pre-pandemic levels. At the same time, continuing claims are forecast to drop to 6.02 million in the November 14th week, the lowest level since March.2020-11-25T09:17:00"
US Stock Futures Point to Lower Open,Stock Market,"US Stock Futures Point to Lower OpenUnited States Stock MarketUS stock futures edged lower on Wednesday after data showed that consumer sentiment in the country fell more than expected in November, amid a widespread resurgence in new COVID-19 infections and more business restrictions. On the pandemic front, hospitalizations in the US remain at record highs, while daily virus deaths in the country, as a seven-day average, surpassed 1,500 on Sunday and Monday each for the first time since May. Limiting the decline was more encouraging news about virus vaccines, the formal start of US president-elect Joe Biden's transition to the White House, and expectations for a fiscal boost in the country under a new administration. On Tuesday, the Dow Jones surged 455 points or 1.5% to a new record of 30,046. The S&P 500 jumped 58 points or 1.6% to 3,635. The Nasdaq gained 156 points or 1.3% to 12,037.2020-11-25T06:12:00"
VMware earnings at 1.66 USD,Earnings,"VMware earnings at 1.66 USDUnited States EarningsVMware (VMW) released earnings per share at 1.66 USD, compared to market expectations of 1.43 USD.2020-11-24T21:57:37.847"
Autodesk earnings at 1.04 USD,Earnings,"Autodesk earnings at 1.04 USDUnited States EarningsAutodesk (ADSK) released earnings per share at 1.04 USD, compared to market expectations of 0.95 USD.2020-11-24T21:24:58.047"
The Dow Jones Index increasing 1.54%,Stock Market,"The Dow Jones Index increasing 1.54%United States Stock MarketUnited States Stock Market is up by 457 points. The rise is driven by Chevron (4.73%), JPMorgan Chase (4.29%) and American Express (3.97%).2020-11-24T20:30:04.123"
Dollar Loses Steam,Currency,"Dollar Loses Steam United States CurrencyThe safe-haven dollar lost further momentum on Wednesday, returning to Monday's lows around 92.00 against most major currencies as risk appetite remained buoyed on news that the Trump Administrations began an orderly transition of power. The move, which came twenty days after the election, coupled with progress towards an effective coronavirus vaccine boosted hopes for a swifter economic recovery, driving investors into riskier currencies, such as the New Zealand and Australian dollars. On the bullish side, the contrast between the US and eurozone PMI readings raised prospects of firmer economic growth domestically, giving some support to the greenback. 2020-11-24T19:00:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 18462020-11-24T15:22:50.707
5th District Factory Activity Continues to Expand,Richmond Fed Manufacturing Index,"5th District Factory Activity Continues to Expand United States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 15 in November of 2020 from 29 in October, reaching the lowest in 4 months. Still, it remained firmly in expansionary territory, as all three component indexes - shipments (20 vs 30), new orders (12 vs 32), and employment (13 vs 23) - had positive readings. Manufacturers reported improvement in local business conditions, but the spending indexes softened somewhat. Survey participants were optimistic about the future, expecting growth to continue in the coming months.2020-11-24T15:06:02.28"
Dow Soars to Record High as Transition of Power Begins,Stock Market,"Dow Soars to Record High as Transition of Power BeginsUnited States Stock MarketThe Dow Jones jumped nearly 500 points and hit an all-time high of 30,121 on Tuesday, as the Trump administration began an orderly transition of power and as investors' mood remained elevated due to progress in vaccine development. Meantime, both the S&P 500 and the Nasdaq were up more than 1%. US General Services Administration acknowledged Joe Biden as the apparent winner of the presidential election and President Trump asked the agencies to begin the transition of power. Investors also cheered news that Biden has picked former Fed Chair Janet Yellen to be Treasury Secretary. Meanwhile, Oxford/AstraZeneca joined Pfizer/BioNTech and Moderna in delivering positive vaccine results. Still, the pandemic remains far from controlled, and the infection rate in the US increased again with 169K new cases registered on Monday.2020-11-24T15:06:00"
Dow and S&P Rally as Transition of Power Begins,Stock Market,"Dow and S&P Rally as Transition of Power BeginsUnited States Stock MarketThe Dow Jones and the S&P 500 gained nearly 1% on Tuesday while the Nasdaq swung between gains and losses as the Trump administration began an orderly transition of power and as investors' mood remained elevated due to progress in vaccine development. US General Services Administration acknowledged Joe Biden as the apparent winner of the presidential election and President Trump asked the agencies to begin the transition of power. Investors also cheered news that Biden has picked former Fed Chair Janet Yellen to be Treasury Secretary. Meanwhile, Oxford/AstraZeneca joined Pfizer/BioNTech and Moderna in delivering positive vaccine results. Still, the pandemic remains far from controlled and the infection rate in the US increased again with 169K new cases registered on Monday.2020-11-24T14:31:00"
US House Prices Grow More Than Expected: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Grow More Than Expected: Case-Shiller United States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US rose 6.6% from a year earlier in September of 2020, following a 5.3% increase in the previous month and well above market expectations of a 5.1% gain. It is the biggest jump in house prices since April of 2018. Phoenix (11.4%), Seattle (10.1%) and San Diego (9.5%) continued to report the highest year-over-year gains among the 19 cities. Meanwhile, the national index, covering all nine US census divisions, advanced 7%, higher than 5.8% in the previous month, the most since May of 2014. ""This month’s increase may reflect a catch-up of COVID-depressed demand from earlier this year; it might also presage future strength, as COVID encourages potential buyers to move from urban apartments to suburban homes. The next several months’ reports should help to shed light on this question"", says Craig J. Lazzara, Managing Director and Global Head of Index Investment Strategy at S&P Dow Jones Indices. 2020-11-24T14:07:00"
Analog Devices earnings at 1.44 USD,Earnings,"Analog Devices earnings at 1.44 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 1.44 USD, compared to market expectations of 1.32 USD.2020-11-24T13:24:17.307"
US Futures Extend Gains amid Orderly Transition of Power,Stock Market,"US Futures Extend Gains amid Orderly Transition of PowerUnited States Stock MarketUS futures extended gains on Tuesday as the Trump administration began an orderly transition of power and as investors' mood remained elevated due to progress in vaccine development. US General Services Administration acknowledged Joe Biden as the apparent winner of the presidential election and President Trump asked the agencies to begin the transition of power. Investors also cheered news that Biden has picked former Fed Chair Janet Yellen to be Treasury Secretary. Meanwhile, Oxford/AstraZeneca joined Pfizer/BioNTech and Moderna in delivering positive vaccine results. Still, the pandemic remains far from controlled and the infection rate in the US increased again with 169K new cases registered on Monday. On Monday, the Dow Jones jumped 330 points or 1.1% to 29,594. The S&P 500 rose 20 points or 0.6% to 3578. The Nasdaq added 26 points or 0.2% to 11,881.
2020-11-24T09:53:00"
Dollar Depreciates on Signs of Orderly Transition of Power,Currency,"Dollar Depreciates on Signs of Orderly Transition of PowerUnited States CurrencyThe dollar index retreated to 92.3 on Tuesday amid an increase in risk appetite after US General Services Administration acknowledged Joe Biden as the apparent winner of the presidential election and President Trump asked the agencies to begin transition of power. News that Biden has picked former Fed Chair Yellen to be Treasury Secretary and further progress towards an effective coronavirus vaccine also lifted investors' mood. On Monday, Oxford/AstraZeneca joined Pfizer/BioNTech and Moderna in delivering positive vaccine news.2020-11-24T09:05:00"
Dow Futures Surge 200 Points,Stock Market,"Dow Futures Surge 200 PointsUnited States Stock MarketDow futures spiked Monday night after the General Services Administration informed President-elect Joe Biden that the Trump administration is making federal resources available for the transition process. The move, 20 days after the election, is due to remove some uncertainty that has been rattling investors, fueling an even more bullish sentiment in Wall Street. The transition of power coupled with hopes for a swifter economic recovery following further progress towards an effective vaccine are due to keep markets in a good mood. On Monday, the Dow Jones gained 330 points or 1.1% to 29,594. The S&P 500 rose 20 points or 0.6% to 3578. The Nasdaq added 26 points or 0.2% to 11,881. 2020-11-24T01:39:00"
US Stocks Rebound on Monday,Stock Market,"US Stocks Rebound on MondayUnited States Stock MarketWall Street closed in the green, as coronavirus vaccine news outweighed rising infections. On Monday, AstraZeneca and the University of Oxford said their vaccine candidate was up to 90% effective, becoming the third inoculation this month that was revealed to be effective in trial data. Also, stocks hit session highs amid news that President-elect Joe Biden plans to nominate former Federal Reserve Chair Janet Yellen for Treasury secretary. Meanwhile, the US reported a record-high spike of more than 195,500 new cases on Friday. On the macro side, Goldman Sachs became the second major bank to cut 4Q20 and 1Q21 GDP growth forecasts for the US. The Dow Jones gained 330 points or 1.1% to 29,594. The S&P 500 rose 20 points or 0.6% to 3578. The Nasdaq added 26 points or 0.2% to 11,881.
2020-11-23T21:05:00"
US Stocks Rebound from Last Week's Rout,Stock Market,"US Stocks Rebound from Last Week's RoutUnited States Stock MarketThe Dow Jones and the S&P 500 bounced back on Monday as stronger-than-expected business activity data and promising developments toward a coronavirus vaccine raised hopes of a faster-than-expected global economic recovery. IHS Markit said their US manufacturing and services PMI’s hit multiyear highs, sparking a broader rotation into cyclical and value shares. Energy, industrials and financials, tied to a reviving economy, led all five of eight major Dow Jones sectors in the green, with Boeing and Chevron among the biggest gainers, up 6% and 4%, respectively. Meanwhile, the tech-heavy Nasdaq Composite fell into negative territory as investors dropped technology shares.  2020-11-23T19:25:00"
Dollar Rebounds From 3-month Low,Currency,"Dollar Rebounds From 3-month LowUnited States CurrencyThe dollar index remained steady at 92.50 on Tuesday, making a dramatic reversal after testing the main support level at 92.00 in the prior session. The rebound from an almost three-month low was backed by upbeat PMI data, which for now dampened the need for more stimulus to support the near-term economic recovery. Still, news that the Trump administration is making federal resources available for Joe Biden’s transition team and further progress towards an effective coronavirus boosted risk-appetite and consequently weighed on the safe-haven dollar. 2020-11-23T18:27:00"
"US Composite PMI at Over 5-1/2-Year High, Hiring at All-Time High",Composite Pmi,"US Composite PMI at Over 5-1/2-Year High, Hiring at All-Time HighUnited States Composite PmiThe IHS Markit US Composite PMI rose to 57.9 in November 2020 from 56.3 in the previous month, indicating the steepest month of expansion in the US private sector business activity in over five-and-a-half years, a preliminary estimate showed. New order growth was the strongest since June 2018, largely driven by domestic demand, as both goods producers and service providers indicated only marginal upturns in new export business. In addition, employment rose the most since the survey began in 2009. On the price front, firms raised their selling prices at the quickest pace on record due to improving demand environment. Input costs also increased at a record rate as demand for inputs and supply shortages reportedly pushed supplier prices higher. Looking ahead, business sentiment was the highest since May 2014 boosted by hopes of a vaccine against COVID-19, and an end to election uncertainty.2020-11-23T14:56:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 18052020-11-23T14:48:45.117
Dow and S&P Rise on Covid-19 Vaccine Results,Stock Market,"Dow and S&P Rise on Covid-19 Vaccine ResultsUnited States Stock MarketThe Dow Jones and the S&P 500 started the week on a positive note while the Nasdaq swung between gains and losses as investors hope a coronavirus vaccine could be used soon. Oxford and AstraZeneca trials showed its vaccine is on average 70% effective in preventing the virus and is both cheaper and easier to store and transport. On Friday, Pfizer/BioNTech applied for an emergency use authorization from the FDA and on Saturday the FDA granted an emergency use authorization for Regeneron’s coronavirus antibody treatment. Also, vaccinations against Covid-19 in the US will “hopefully” start in less than three weeks, said Moncef Slaoui, head of the government’s Operation Warp Speed. Still, the pandemic is far from controlled and more than 83K people were hospitalized on Sunday, the 13th straight day the US has broken its hospitalization record while the number of new infections slowed during the weekend. 2020-11-23T14:32:00"
Dollar Near 3-Month Low,currency,"Dollar Near 3-Month LowUnited States currencyThe dollar index touched 92.036 on Monday, the lowest since September 1st, amid prospects that a coronavirus vaccine could be deployed soon. AstraZeneca became the third pharmaceutical firm to report that its experimental coronavirus vaccine showed high effectiveness in phase 3 trials, following strong results from Pfizer and Moderna, and on Friday  Pfizer/BioNTech applied for an emergency use authorization from the FDA. Still, concerns about rising coronavirus cases and new restrictions continue to highlight the need for more stimulus to support the near-term economic recovery, exacerbating concerns about the rising levels of debt. 2020-11-23T11:14:00"
US Futures Start the Week in the Green,Stock Market,"US Futures Start the Week in the Green United States Stock MarketStock futures in the US traded higher on Monday, as investors hope a coronavirus vaccine could be used soon. Oxford and AstraZeneca trials showed its vaccine is on average 70% effective in preventing the virus and is both cheaper and easier to store and transport. On Friday, Pfizer/BioNTech applied for an emergency use authorization from the FDA and on Saturday the FDA granted an emergency use authorization for Regeneron’s coronavirus antibody treatment. Still, the pandemic is far from controlled and more than 83K people were hospitalized on Sunday, the 13th straight day the US has broken its hospitalization record while the number of new infections slowed during the weekend. Meanwhile, Joe Biden will announce the first of his Cabinet appointment on Tuesday. Last week, the Dow fell 0.7%, and the S&P 500 dropped 0.8%, while the Nasdaq went up 0.2%.2020-11-23T10:04:00"
Wall Street Set to Start Week Higher,Stock Market,"Wall Street Set to Start Week Higher United States Stock MarketUS stock index futures pointed to a higher open on Monday, as investors have been cheering promising developments toward a coronavirus vaccine, which is due to drive the broader economy recover and revive cyclical and other hard-hit sectors. On the bullish side, US lawmakers were seeking to revive long-stalled negotiations over additional coronavirus relief. But markets are becoming concerned about the economic damage caused by the surge within coronavirus cases, and restrictions put in place to stop it. Last week, the Dow retreated 0.7%, and the S&P 500 dropped 0.8%, whereas the Nasdaq rose 0.2%. 2020-11-23T02:34:00"
US Dollar Index Remains Under Pressure,Currency,"US Dollar Index Remains Under Pressure United States CurrencyThe dollar index has been testing the support level at 92.20 as a worsening pandemic highlighted the need of more stimulus to support the near-term economic recovery, exacerbating concerns that rising levels of debt could drag the US economy. The US Treasury Secretary Steven Mnuchin already agreed to revive those discussions, underscoring the inability of many households and businesses to recover without more government aid. 2020-11-22T23:58:19.283"
US Stocks Close Lower,Stock Market,"US Stocks Close LowerUnited States Stock MarketWall Street closed in the red on Friday, as rising new coronavirus cases and policy uncertainty dented sentiment. On Friday, the Treasury Department and the Federal Reserve disagreed over the continuation of funding for some of the emergency programs implemented during the recession, as Secretary Steven Mnuchin is seeking to end several Fed facilities. On the pandemic side, California Gov. Gavin Newsom issued a “limited Stay at Home Order” on a majority of the state’s residents, while the CDC advised Americans against traveling for Thanksgiving. On the positive side, Pfizer and BioNTech said they will apply for an emergency approval of its Covid-19 vaccine from the Food and Drug Administration on Friday. The Dow Jones lost 220 points or 0.8% to 29,263 and the S&P 500 shed 24 points or 0.7% to 3558, while the Nasdaq fell 50 points or 0.4% to 11,855. During the week, the Dow retreated 0.7% and the S&P 500 dropped 0.8%, whereas the Nasdaq rose 0.2%.
2020-11-20T21:06:00"
The Dow Jones Index is down by 0.66%,Stock Market,"The Dow Jones Index is down by 0.66%United States Stock MarketUnited States Stock Market is losing 194 points. Losses were led by Boeing (-2.98%), American Express (-1.59%) and Salesforce.com (-1.47%). Offsetting the fall, top gainers were Nike (0.69%), General Electric (0.41%) and 3M (0.30%).2020-11-20T20:30:03.4"
"US Stocks Slightly Lower on Covid, Stimulus Concerns",Stock Market,"US Stocks Slightly Lower on Covid, Stimulus ConcernsUnited States Stock MarketThe Dow Jones and the S&P 500 traded lower while the Nasdaq attempted to gain on Friday as investors continue to follow rising coronavirus cases, fresh restrictions and Treasury Secretary Mnuchin announcement that the Fed’s emergency lending programs would expire by the end of the year, a move that will significantly reduce the central bank's ability to shore up the economy. On the coronavirus front, the US reported a record high of 188K new infections on Thursday, and deaths surpassed 2K, the highest since May. In both California and Ohio, governors imposed nightly curfews on gatherings. On the positive side, Pfizer and BioNTech said they will apply for an emergency approval of its Covid-19 vaccine from the Food and Drug Administration on Friday.2020-11-20T14:31:00"
Dollar Nearly Flat,Currency,"Dollar Nearly FlatUnited States CurrencyThe dollar index cut earlier losses to trade slightly higher at 92.3 on Friday amid increasing uncertainty over further stimulus after Treasury Secretary Mnuchin said he will let the Fed’s emergency lending programs to expire by the end of the year. On the week, the dollar is on track to book a second consecutive week of decline, as the pandemic is far from controlled and many states reintroduce more restrictive measures.2020-11-20T10:37:00"
US Futures Little Changed,Stock Market,"US Futures Little ChangedUnited States Stock MarketStock futures in the US traded near the flatline on Friday as investors continue to follow rising coronavirus cases, fresh restrictions and Treasury Secretary Mnuchin announcement that the Fed’s emergency lending programs would expire by the end of the year, a move that will significantly reduce the central bank's ability to shore up the economy. At the same time, Senate Majority Leader Mitch McConnell, has agreed to resume negotiations with Democrats over a potential new Covid-19 relief bill, according to Senator Chuck Schumer. On the coronavirus front, the US reported a record high of 188K new infections on Thursday, and deaths surpassed 2K, the highest since May. In both California and Ohio, governors imposed nightly curfews on gatherings. On Thursday, the Dow Jones rose 44 points or 0.2% to 29,482. The S&P 500 added 14 points or 0.4% to 3582. The Nasdaq gained 103 points or 0.9% to 11,905.2020-11-20T09:50:00"
US Stock Futures Point to Open Lower,Stock Market,"US Stock Futures Point to Open LowerUnited States Stock MarketStock futures in the US fell sharply on Friday, as investors were nervous over the economic impact of the COVID-19 as cases around the world continue to rise. In addition, US Treasury Secretary Steven Mnuchin Thursday said he will not extend several emergency loan programs set up with the Federal Reserve to support the economy, requesting that the Fed return to the Treasury the unused funds appropriated by Congress for the operation of the programs.  On the data front, 742 thousand initial filings for jobless claims were recorded last week,  above estimates of 710 thousand. On Thursday, the Dow Jones rose 44 points or 0.2% to 29,482. The S&P 500 added 14 points or 0.4% to 3582. The Nasdaq gained 103 points or 0.9% to 11,905.2020-11-20T06:22:00"
Dollar Set for Further Weakness,Currency,"Dollar Set for Further WeaknessUnited States CurrencyThe dollar index has been testing the support level at 92.20 this week as a worsening pandemic raised speculation over more monetary easing, or additional government aid, and added to concerns that rising levels of debt could drag the US economy.  The likely need for more stimulus coupled with rock-bottom interest rates could mean further dollar weakness. 2020-11-20T01:51:57.087"
Workday earnings at 0.86 USD,Earnings,"Workday earnings at 0.86 USDUnited States EarningsWorkday (WDAY) released earnings per share at 0.86 USD, compared to market expectations of 0.67 USD.2020-11-19T21:24:01.18"
Intuit earnings at 0.94 USD,Earnings,"Intuit earnings at 0.94 USDUnited States EarningsIntuit (INTU) released earnings per share at 0.94 USD, compared to market expectations of 0.38 USD.2020-11-19T21:17:48.237"
Dollar Index Struggles to Find Momentum,Currency,"Dollar Index Struggles to Find MomentumUnited States CurrencyThe US dollar strengthened for the first time in six sessions on Thursday, breaking the 92.70 level spurred on by safe-haven demand stemming from a surprise increase in initial jobless claims as mounting lockdowns hit business activity. However, this upside momentum rapidly lost steam and the DXY bottomed around the 92.30 area. A worsening pandemic and a vulnerable job market raised speculation over further monetary easing, or additional government stimulus to support the economic recovery. But such prospects added to concerns that rising levels of debt could drag the US economy, and bring further dollar weakness. 2020-11-19T19:10:00"
Tenth District Manufacturing Activity Growth Slows,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Growth SlowsUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index fell by three points to +20 in November 2020, from October's joint two-year high of +23, suggesting that Tenth District manufacturing activity continued to grow modestly supported by output at non-durable and durable goods factories. Still, activity remained below pre-pandemic levels, with a sizable share of firms saying that they could not find skilled workers and that low sales growth and COVID-related uncertainty also restrained their hiring plans. In addition, shipments, new orders, and employment rose at a slower pace.2020-11-19T16:11:12.767"
Initial Claims Seen Little Changed,Initial Jobless Claims,"Initial Claims Seen Little Changed United States Initial Jobless ClaimsInitial jobless claims are seen edging down to 707 thousand in the week ended November 13th, from 709 thousand in the previous week. That would be the fifth consecutive week with claims remaining below 800 thousand, the first time it happens since the effects of the coronavirus pandemic started to being felt back in March. Still, initial claims remain well above pre-pandemic levels. At the same time, continuing claims are forecast to drop to 6.47 million from 6.78 million in the November 6th week, also the lowest level since March. However, rising coronavirus infections and new restrictions introduced in many states are likely to negatively affect the labour market in the coming weeks.2020-11-19T11:38:00"
Dollar Strengthens on Thursday,Currency,"Dollar Strengthens on ThursdayUnited States CurrencyThe dollar index reversed trend and strengthened to 92.6 on Thursday, moving further away from a 2-1/2-year low of 92.07 reached earlier in the month, amid rising coronavirus infections and new restrictions. The US recorded more than 170 new cases on Wednesday, the second-highest daily figure ever while the death toll crossed the 250K mark, and hospitalizations hit a new record. Public schools in NY will shut on Thursday and new restrictions will also go into effect in Kentucky, Minnesota and Wisconsin. Still, dollar gains have been capped by lack of a much needed fiscal stimulus package, fresh speculation over monetary easing and concerns that rising levels of debt could drag the economy.2020-11-19T10:26:00"
US Futures Extend Losses,Stock Market,"US Futures Extend LossesUnited States Stock MarketUS futures traded flat to lower on Thursday as rising coronavirus infections and restrictions in the US outweigh positive coronavirus vaccine news. The US recorded 170.161K new cases on Wednesday, the second-highest daily figure ever, the death toll crossed the 250K mark, and hospitalizations also hit a new record. Public schools in NY will shut on Thursday and new restrictions will also go into effect in Kentucky, Minnesota and Wisconsin. Meanwhile, Oxford and AstraZeneca announced their covid-19 vaccine trials triggers a similar immune response among all adult. It follows earlier positive announcements from Pfizer/BioNTech and Moderna. On the corporate front, Macy's same-store sales declined more than 20%. On Wednesday, the Dow Jones sank 346 points or 1.2% to 29,438. The S&P 500 shed 42 points or 1.2% to 3568. The Nasdaq retreated 98 points or 0.8% to 11,802.2020-11-19T09:43:00"
US Stock Futures Rise Slightly,Stock Market,"US Stock Futures Rise SlightlyUnited States Stock MarketUS stock futures edged higher on Thursday, amid speculation that the Federal Reserve may respond to widening COVID-19 restrictions in the country with more easing. New York City on Wednesday decided to close schools and reverted to at-home learning starting today, while Minnesota ordered all restaurants, bars, and entertainment venues closed for four weeks. Traders also welcome reports that Pfizer and BioNTech could secure emergency US and European authorization for their virus vaccine next month after final trial results showed it had a 95% success rate. On Wednesday, the Dow Jones sank 346 points or 1.2% to 29,438. The S&P 500 shed 42 points or 1.2% to 3568. The Nasdaq retreated 98 points or 0.8% to 11,802.2020-11-19T06:11:00"
US Crude Inventories Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Inventories Rise for 2nd WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 0.768 million barrels in the week ended November 13th, 2020, following a 4.278 million increase in the previous period and compared with market expectations of a 1.65 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 2.611 million barrels, while markets had forecast a smaller 0.087 million rise.2020-11-18T15:37:08.147"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 18032020-11-18T14:50:27.177
Dow Rises on Prospects of Covid-19 Vaccine,Stock Market,"Dow Rises on Prospects of Covid-19 VaccineUnited States Stock MarketThe Dow Jones was up nearly 50 points on Wednesday amid prospects that a coronavirus vaccine may be available soon. Pfizer and BioNTech said that a final data analysis found their coronavirus vaccine was 95% effective in preventing Covid-19 and will apply for emergency US authorization of its vaccine within days. The US recorded 161.9K new cases on Tuesday, the third highest daily rate since the pandemic started and there were 1.7K deaths, the most since May, according to Johns Hopkins. Better-than-expected earnings from Lowe's, Target and TJX Companies also improved investors mood. Nvidia is also due to report today. Meanwhile, Boeing shares soared more than 1% after the US Federal Aviation Administration cleared its 737 Max to fly again. The S&P 500 and the Nasdaq traded near the flatline. 2020-11-18T14:33:00"
US Building Permits Flat at Over 13-Year High,Building Permits,"US Building Permits Flat at Over 13-Year HighUnited States Building PermitsBuilding permits in the United States were unchanged at a seasonally adjusted annual rate of 1.545 million in October 2020, remaining at the highest level since March 2007 but missing market expectations of 1.56 million. Single-family authorizations increased 0.6 percent to a rate of 1.120 million while permits for the volatile multi-segment fell 1.6 percent to a rate of 425 thousand. Across regions, permits went up in the South (0.7 percent to 821 thousand), the West (0.5 percent to 377 thousand) and the Midwest (2.9 percent to 213 thousand). However, a 9.5 percent decline in the Northeast's building permits offset other region's gains.2020-11-18T13:34:00"
TJX Companies earnings at 0.71 USD,Earnings,"TJX Companies earnings at 0.71 USDUnited States EarningsTJX Companies (TJX) released earnings per share at 0.71 USD, compared to market expectations of 0.40 USD.2020-11-18T12:42:20.23"
US Futures Extend Gains,Stock Market,"US Futures Extend GainsUnited States Stock MarketUS futures extended gains on Wednesday, with contracts on the Dow Jones rising more than 100 points after earnings from Lowe's, Target and TJX Companies beat forecasts. Nvidia is also due to report today. The S&P 500 and the Nasdaq were also gaining in pre-market trading. Meanwhile, investors digest rising coronavirus infections and their impact on the economic recovery and prospects of a working vaccine. Pfizer and BioNTech said that a final data analysis found their coronavirus vaccine was 95% effective in preventing Covid-19 and will apply for emergency US authorization of its vaccine within days. The US recorded 161.9K new cases on Tuesday, the third highest daily rate since the pandemic started and there were 1.7K deaths, the most since May, according to Johns Hopkins. On the macro front, housing starts and building permits will be in the spotlight today.2020-11-18T12:13:00"
Target earnings at 2.79 USD,Earnings,"Target earnings at 2.79 USDUnited States EarningsTarget (TGT) released earnings per share at 2.79 USD, compared to market expectations of 1.60 USD.2020-11-18T11:54:27.007"
Lowe's Companies earnings at 1.98 USD,Earnings,"Lowe's Companies earnings at 1.98 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 1.98 USD, compared to market expectations of 1.97 USD.2020-11-18T11:23:13.333"
US Futures Recover,Stock Market,"US Futures RecoverUnited States Stock MarketUS futures rebounded on Wednesday as investors digest rising coronavirus infections and their impact on the economic recovery and prospects of a working vaccine. The US recorded 161.9K new cases on Tuesday, the third highest daily rate since the pandemic started and there were 1.7K deaths, the most since May, according to Johns Hopkins. Meanwhile, Fed Chair Powell said on Tuesday that the US still has a long way to go to full recovery and that it's too soon to say with any confidence what impact vaccines would have. On the macro front, housing starts and building permits will be in the spotlight today. On the earnings front, several companies are due to report quarterly results, including Target, Lowe’s, Nvidia and TJX Companies.2020-11-18T10:30:00"
Dollar Extends Losses,Currency,"Dollar Extends LossesUnited States CurrencyThe dollar index extended losses during the third week of November to trade around 92.4, remaining close to 2018 level, as rising coronavirus infections and new restrictions in the United States raised concerns about the economic recovery and highlighted the need for additional fiscal stimulus. Despite bets for a smaller aid packaged under Biden’s administration, investors have grown concerned that rising levels of debt could drag the economy, likely weighing on the world’s reserve currency.2020-11-18T09:51:00"
US Futures Point to Flat Open,Stock Market,"US Futures Point to Flat OpenUnited States Stock MarketUS futures were little changed on Wednesday as investors continue to worry about rising coronavirus infections and its impact on the economic recovery while enthusiasm over a working vaccine fades as it will take some time for it to be deployed. The US recorded 161.9K new cases on Tuesday, the third highest daily rate since the pandemic started and there were 1.7K deaths, the most since May, according to Johns Hopkins data. Fed Chair reinforced on Tuesday the US still has a long way to go to fully recover and that it's too soon to say with any confidence what the impact on the path of the economy will be from the vaccines. On the macro front, housing starts and building permits will be in the spotlight today. On the earnings front, several companies are due to report quarterly results, including Target, Lowe’s, Nvidia and TJX Companies. 2020-11-18T09:04:00"
US Futures Point to Lower Open,Stock Market,"US Futures Point to Lower OpenUnited States Stock MarketUS stock futures fell on Wednesday, amid caution that President Donald Trump's stalling of the transition of power could slow the US response on the COVID-19. Reuters reported that Joe Biden, who will take office on January, 20th, had not been able to receive the classified intelligence briefings normally afforded a president-elect. Meantime, Federal Reserve Chair Jerome Powell warned that said that the US economy has a “long way to go” before it returns to pre-pandemic levels, adding that the next few months may be very challenging. Disappointing US retail sales in October also raised concerns over weaker consumption in the country in light of the virus resurgence. On Tuesday, the Dow Jones shed 167 points or 0.6% to 29,783. The S&P 500 retreated 17 points or 0.5% to 3610. The Nasdaq dropped 25 points or 0.2% to 11,899.
2020-11-18T06:25:00"
API: US Crude Oil Inventories Rise More Than Expected,API Crude Oil Stock Change,"API: US Crude Oil Inventories Rise More Than ExpectedUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States rose by 4.17 million barrels in the week ended November 13th of 2020, following a 5.15 million draw in the previous week and compared with market expectations of a 1.95 million gain, data from the American Petroleum Institute showed.2020-11-17T21:37:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 17862020-11-17T18:32:54.61
US Business Inventories Rise for 3rd Month,Business Inventories,"US Business Inventories Rise for 3rd MonthUnited States Business InventoriesManufacturers’ and trade inventories in the US rose by 0.7 percent from a month earlier in September of 2020, following a 0.3 percent advance in August and slightly higher than market expectations of a 0.6 percent growth. Stocks increased at retailers (1.7 percent vs 0.5 percent in August) and at merchant wholesalers (0.4 percent vs 0.5 percent) while those at manufacturers were unchanged, the same as in the previous month. Year-on-year, business inventories went down 4.7 percent. 2020-11-17T15:04:41.147"
US Export Prices Rise for 5th Month,Export Prices MoM,"US Export Prices Rise for 5th MonthUnited States Export Prices MoMExport prices in the US went up 0.2 percent from a month earlier in October 2020, following a 0.6 percent rise in September and below market expectations of 0.3 percent. It was the fifth straight monthly rise in export prices, driven by higher agricultural export prices. Cost of agricultural export increased 3.4 percent, the largest rise since December 2018, due to higher prices for vegetables, corn, soybeans, and dairy products. Prices for nonagricultural exports were unchanged in October, after rising in each of the 4 previous months, as lower prices for nonagricultural industrial supplies and materials and capital goods offset an increase in automotive vehicles prices. Year-on-year, export prices dropped by 1.6 percent. 2020-11-17T13:35:00"
US Import Prices Unexpectedly Drop,Import Prices MoM,"US Import Prices Unexpectedly DropUnited States Import Prices MoMPrices for US imports fell 0.1 percent from a month earlier in October 2020, the first monthly decline for the index since a 2.6 percent drop in April and compared with market expectations of a 0.2 percent rise. Import fuel prices decreased 1.9 percent (vs -5.2 percent in September) due to lower prices for both natural gas and petroleum; while cost for nonfuel imports increased 0.1 percent (vs 0.5 percent in September) led by higher prices for nonfuel industrial supplies and materials and foods, feeds, and beverages which more than offset falling prices for consumer goods and automotive vehicles. Year-on-year, import prices decreased 1.0 percent in October.2020-11-17T13:33:00"
Walmart earnings at 1.34 USD,Earnings,"Walmart earnings at 1.34 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.34 USD, compared to market expectations of 1.18 USD.2020-11-17T12:10:20.37"
Home Depot earnings at 3.18 USD,Earnings,"Home Depot earnings at 3.18 USDUnited States EarningsHome Depot (HD) released earnings per share at 3.18 USD, compared to market expectations of 3.04 USD.2020-11-17T11:26:42.497"
Dow and S&P 500 Futures Retreat,Stock Market,"Dow and S&P 500 Futures RetreatUnited States Stock MarketFutures on the Dow Jones and the S&P 500 were lower on Tuesday, retreating from fresh records in the previous session, as investors digest mounting coronavirus infections and prospects of a working covid-19 vaccine from Moderna and Pfizer. New Jersey, California, Iowa and Ohio announced fresh restrictions and boost face-coverings, at a time when more than 1 million cases were confirmed in less than a week in the US. Meanwhile, Nasdaq futures outperformed and were up near 50 points. On the macro front, retail sales and industrial production figures for October are due later in the day. On Monday, the Dow Jones jumped 472 points or 1.6% to 29,951. The S&P 500 gained 42 points or 1.2% to 3627. The Nasdaq rose 95 points or 0.8% to 11,924.2020-11-17T09:42:52.777"
US Futures Point to Lower Open,Stock Market,"US Futures Point to Lower OpenUnited States Stock MarketStock futures in the US fell on Tuesday, as investors were cautious about a rough transition of power in the US amid worsening coronavirus in the country. Data from the COVID Tracking Project showed that a record of more than 68,500 patients in the US are hospitalized with the illness, as the seven-day average of infections continues to rise. US President-elect Joe Biden said Monday that ""more people may die"" if outgoing President Donald Trump continued blocking government officials from cooperating with Biden’s team. At the same time, there were concerns about the delivery, and storage of the virus vaccine even if it is proven safe and effective. On Monday, the Dow Jones jumped 472 points or 1.6% to 29,951. The S&P 500 gained 42 points or 1.2% to 3627. The Nadsaq rose 95 points or 0.8% to 11,924.2020-11-17T06:32:00"
Dollar Weakens Further,Currency,"Dollar Weakens Further United States CurrencyThe dollar index has been under pressure near the 92.40 area, as surging coronavirus cases in the United States highlighted the need for additional fiscal stimulus to support the economic recovery. Despite bets for a smaller aid packaged under Biden’s administration, investors have grown concerned that rising levels of debt could drag the economy and likely weighing on the world’s reserve currency. 2020-11-16T22:02:00"
Wall Street Extends Gains,Stock Market,"Wall Street Extends GainsUnited States Stock MarketWall Street built on the momentum from last week's strong performance, with the Dow Jones clinching a fresh all-time intraday record high as promising developments toward a coronavirus vaccine raised hopes of a faster-than-expected global economic recovery. Moderna became the second US company to report positive results from its COVID-19 vaccine trial, sparking a rotation into cyclical and value shares. Boeing Co and Chevron Corp were among the biggest gainers, up 7% and 5%, respectively.2020-11-16T18:36:24.377"
Wall Street Gains on Moderna Vaccine,Stock Market,"Wall Street Gains on Moderna Vaccine United States Stock MarketThe Dow Jones hit an all-time high and the S&P 500 gained near 1% on Monday after Moderna said its experimental vaccine is more than 94% effective in preventing coronavirus, in another positive sign that a working coronavirus vaccine may be available soon. Moderna joins Pfizer/BioNTech which announced last week a vaccine which is 90% effective. The US passed 11 million coronavirus cases on Sunday and Biden’s scientific advisers will meet this week with pharmaceutical companies developing coronavirus vaccines to prepare the logistical challenges of widespread vaccination, Reuters reported. Meanwhile, the Nasdaq reversed trend and traded higher. Investors also cheered a major trade deal signed during the weekend that includes China, Japan, South Korea and 12 other countries. 2020-11-16T14:33:00"
Dollar Little Changed on Monday,Currency,"Dollar Little Changed on MondayUnited States CurrencyThe dollar index erased most of the earlier losses to trade nearly flat around 92.7 on Monday as investor digest prospects of a working coronavirus vaccine and rising infections in the US. Moderna said its experimental vaccine is more than 94% effective in preventing coronavirus, in another positive sign that a working coronavirus vaccine may be available soon. Moderna joins Pfizer/BioNTech which announced last week a vaccine which is 90% effective. Meanwhile, the US topped 11 million infections on Sunday and states tighten restrictions with Michigan halting on-site teaching and indoor dining in bars and restaurants. In Washington, gyms, cinemas, theatres and museums will close and indoor restaurant dining is also prohibited. Last week, the dollar rose about 0.6% after Joe Biden was declared a winner of US Presidential Election, and Pfizer/BioNTech coronavirus vaccine showed it is 90% effective in preventing infection.2020-11-16T12:56:00"
Dow Futures Soar 500 Points on Moderna Vaccine,Stock Market,"Dow Futures Soar 500 Points on Moderna VaccineUnited States Stock MarketDow Jones futures surged more than 500 points and S&P 500 more than 40 after Moderna said its experimental vaccine is more than 94% effective in preventing coronavirus, in another positive sign that a working coronavirus vaccine may be available soon. Moderna joins Pfizer/BioNTech which announced last week a vaccine which is 90% effective. The US passed 11 million coronavirus cases on Sunday and Biden’s scientific advisers will meet this week with pharmaceutical companies developing coronavirus vaccines to prepare the logistical challenges of widespread vaccination, Reuters reported. Meanwhile, Nasdaq futures reversed trend to trade in negative territory. Investors also cheered a major trade deal signed during the weekend that includes China, Japan, South Korea and 12 other countries. Last week, the Dow Jones gained 4.1% and S&P 500 added 2.2%, whereas the Nasdaq lost 0.6%.2020-11-16T12:41:00"
US Futures Point to Gains at the Open,Stock Market,"US Futures Point to Gains at the OpenUnited States Stock MarketUS futures started the week on a positive note, extending Friday's gains, amid a general positive sentiment about the global economic recovery and prospects of a working coronavirus vaccine. Contracts on the Dow Jones were up near 300 points, the S&P 500 gained near 30 and the Nasdaq around 80 points, helped by large technology stocks. Investors also cheered a major trade deal signed during the weekend that includes China, Japan, South Korea and 12 other countries. Meanwhile, the US passed 11 million coronavirus cases on Sunday and Biden’s scientific advisers will meet this week with pharmaceutical companies developing coronavirus vaccines to prepare the logistical challenges of widespread vaccination, Reuters reported. Last week, the Dow Jones gained 4.1% and S&P 500 added 2.2%, whereas the Nasdaq lost 0.6%.2020-11-16T09:52:48.637"
Dollar Depreciates to 1-Week Low,Currency,"Dollar Depreciates to 1-Week LowUnited States CurrencyThe dollar index traded lower around 92 on Monday, the weakest in a week, as coronavirus cases in the US continue to rise and topped 11 million on Sunday. Meanwhile, states tighten restrictions with Michigan halting on-site teaching and indoor dining in bars and restaurants. In Washington, gyms, cinemas, theatres and museums will close and indoor restaurant dining is also prohibited. Last week, the dollar rose about 0.6% after Joe Biden was declared a winner of US Presidential Election, and Pfizer/BioNTech coronavirus vaccine showed it is 90% effective in preventing infection.2020-11-16T08:27:00"
US Stock Futures Surge,Stock Market,"US Stock Futures SurgeUnited States Stock MarketStock futures in the US climbed on Monday after Reuters reported that president-elect Joe Biden would set meetings with vaccine developers as the COVID-19 crisis intensified. The number of US virus cases hit 11 million Sunday, a million more new cases than a week before, and the fastest rise since the pandemic began. In addition, President Donald Trump Sunday briefly admitted election defeat but then backtracked, saying he concedes nothing and vowing to keep up a court fight. Sentiment was also lifted by the successful launch of Elon Musk's SpaceX rocket on Sunday evening. Meanwhile, the Wall Street Journal reported that PNC Financial Services Group was discussing a purchase of the US subsidiary of Spain’s BBVA in a deal that could be valued at more than $10 billion. On Friday, The Dow Jones jumped 400 points or 1.4% to 29,480, the S&P 500 rose 48 points or 1.4% to a record high of 3,585, and The Nasdaq climbed 120 points or 1.0% to 11,829.2020-11-16T06:32:00"
US Stock Futures Point to Gains at Open,Stock Market,"US Stock Futures Point to Gains at OpenUnited States Stock MarketStock futures in the US rose markedly on Monday after Reuters reported that president-elect Joe Biden would set meetings with vaccine developers as the COVID-19 crisis intensified. The number of US virus cases hit 11 million Sunday, a million more new cases than a week before, and the fastest rise since the pandemic began. In addition, President Donald Trump Sunday briefly admitted election defeat but then backtracked, saying he concedes nothing and vowing to keep up a court fight. Sentiment was also lifted by the successful launch of Elon Musk's SpaceX rocket on Sunday evening. Meanwhile, the Wall Street Journal reported that PNC Financial Services Group was discussing a purchase of the US subsidiary of Spain’s BBVA in a deal that could be valued at more than $10 billion. Last week, the Dow jumped 4.1% and S&P 500 added 2.2%, while the Nasdaq lost 0.6%.2020-11-16T04:04:00"
Dollar Depreciates for 2nd Session,Currency,"Dollar Depreciates for 2nd SessionUnited States CurrencyThe dollar index depreciated for a second day to 92.7 on Friday as investors' focus shifts to coronavirus and its impact on the economy. The number of new infections in the US reached a record high of more than 153K on Thursday and states are starting to impose restrictions. In Chicago, Mayor Lori Lightfoot asked residents to cancel Thanksgiving plans and to stay at home and in New York, Governor Andrew Cuomo said new curfews on bars, restaurants, and gyms will take effect on Friday. On the economic data, the US consumer sentiment suddenly deteriorated in early November as an increase in Covid-19 infections and the election led to a reassessment of economic outlook; and US producer prices decelerated in October.  The dollar rose about 0.5% during the second week of November after Joe Biden was declared a winner of US Presidental Election, and Pfizer/BioNTech coronavirus vaccine showed it is 90% effective in preventing infection.2020-11-13T21:44:00"
Russell 2000 Closes at Record High,Stock Market,"Russell 2000 Closes at Record HighUnited States Stock MarketThe Russell 2000, which tracks small-cap stocks, rose 2.1% to 1,744 on Friday. It was the highest close on record as investors bet on a short-term improvement in the economic outlook amid prospects for an effective vaccine.2020-11-13T21:31:00"
Dollar Falls Slightly on Friday,Currency,"Dollar Falls Slightly on Friday United States CurrencyThe dollar index traded below 93 on Friday as investors' focus shifts to coronavirus and its impact on the economy. The number of new infections in the US reached a record high of more than 153K on Thursday and states are starting to impose restrictions. In Chicago, Mayor Lori Lightfoot asked residents to cancel Thanksgiving plans and to stay at home and in New York, Governor Andrew Cuomo said new curfews on bars, restaurants, and gyms will take effect on Friday. On the week, however, the dollar is on track to book a more than 0.5% gain after Joe Biden was declared a winner of US Presidental Election, and Pfizer/BioNTech coronavirus vaccine showed it is 90% effective in preventing infection. 2020-11-13T11:25:00"
US Stock Futures Fall Slightly,Stock Market,"US Stock Futures Fall SlightlyUnited States Stock MarketUS stock futures edged lower on Friday, amid rising concerns over the economic recovery due to a surge in COVID-19 cases across the country. Chicago, Detroit, and California relaunched public health restrictions, amid fresh daily records of infections. Meanwhile, Fed Chair Jerome Powell said the US economic outlook remained uncertain even after positive virus vaccine news earlier this week. On the data front, initial weekly jobless claims fell last week to 709 thousand from 757 thousand in the prior week, marking the fourth straight weekly decline. On Thursday, the Dow Jones lost 319 points or 1.1% to 29,079, the S&P 500 retreated 36 points or 1.0% to 3537, and the Nasdaq dropped 77 points or 0.7% to 11,710.2020-11-13T06:41:00"
US Crude Inventories Rise Unexpectedly,Crude Oil Stocks Change,"US Crude Inventories Rise UnexpectedlyUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 4.278 million barrels in the week ended November 6th, 2020, following a 7.998 million drop in the previous period and compared with market expectations of a 0.913 million decrease, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 2.309 million barrels, while markets had forecast a decline of 0.263 million.2020-11-12T16:03:13.44"
US Stock Futures Point to Mixed Start,Stock Market,"US Stock Futures Point to Mixed StartUnited States Stock MarketStock futures in the US pointed to a mixed start on Thursday, with the Dow Jones and the S&P 500 trading in the red and the Nasdaq rallying more than 2%. Investors remained concerned about the coronavirus situation and about the size of the US fiscal stimulus in a divided Congress, while the recent vaccine enthusiasm faded. New York Governor Andrew Cuomo imposed a new round of restrictions Wednesday as the COVID-19 infection rate climbed and hospitalizations soared. On Wednesday, the Dow Jones lost 23 points or 0.1% to 29,398, while the S&P 500 gained 27 points or 0.8% to 3573 and the Nasdaq rose 233 points or 2.0% to 11,786.2020-11-12T09:56:52.477"
Dollar Eases from 1-Week High,Currency,"Dollar Eases from 1-Week HighUnited States CurrencyThe dollar index traded around 93.0 against a basket of currencies on Friday, as investor focus shifted to rising coronavirus infections and concerns about the economic outlook. The US confirmed its highest increase in new cases since the negative effects of the pandemic started to being felt in March, with a world record of 145 thousand cases recorded in one day, while suffered its highest death toll since early May.2020-11-12T09:41:00"
Dollar Eases Back From 1-Week Highs,Currency,"Dollar Eases Back From 1-Week HighsUnited States CurrencyThe dollar index was off from a one-week high of 93.20 but seems to be capped by the 93 level on expectations that central banks would not have to flood markets with more liquidity if a coronavirus vaccine is available soon. At the same time, higher yields on US bonds compared with those on European ones spooked investors away from the euro. 2020-11-12T02:07:32.03"
Dow Jones Pares Gains,Stock Market,"Dow Jones Pares Gains United States Stock MarketThe Dow Jones Industrial Average pulled back from session highs in a volatile session as weakness in the economically sensitive stocks put pressure on the broader market. American Express Co and Boeing were the biggest laggards on the index, both down 4%. Meanwhile, the Nasdaq and the S&P 500 rebounded from the previous session's losses, boosted by tech shares that had been dumped earlier this week. On a more negative note, California and several states across the US Midwest tightened restrictions after the country reported a single-day record of more than 130,000 new cases on Tuesday and the number of hospitalizations surpassed its April peak.2020-11-11T19:51:17.78"
Dow Jones Rebound Gains Momentum,Stock Market,"Dow Jones Rebound Gains MomentumUnited States Stock MarketThe Dow Jones recovered from a volatile start and booked small gains in afternoon trading on Wednesday, extending this week's rally, as encouraging data from a potential coronavirus vaccine raised hopes of a faster-than-expected economic recovery. the Nasdaq and the S&P 500 rebounded from the previous session's losses, boosted by tech shares that had been dumped earlier this week. On a more negative note, California and several states across the US Midwest tightened restrictions after the country reported a single-day record of more than 130,000 new cases on Tuesday and the number of hospitalizations surpassed its April peak.2020-11-11T17:20:00"
Dow Jones Fails to Hold Gains,Stock Market,"Dow Jones Fails to Hold GainsUnited States Stock MarketThe Dow Jones swung between gains and losses on Wednesday, pausing a 2-day rally which was triggered by prospects of a working coronavirus vaccine. Meanwhile, the Nasdaq and the S&P 500 rebounded from the previous session losses, boosted by tech shares, following a sell-off earlier in the week. On the coronavirus front, US reported a single-day record of more than 130,000 new cases on Tuesday and the number of hospitalizations surpassed its April peak. 2020-11-11T15:20:00"
Dow Jones Gains for 3rd Day,Stock Market,"Dow Jones Gains for 3rd DayUnited States Stock MarketDow Jones was up more than 100 points, extending gains for the 3rd session as the prospect of a working coronavirus vaccine continues to boost investors' mood and focus shifts into stocks that are more likely to benefit from the economic recovery. Meanwhile, US reported a single-day record of more than 130,000 new cases on Tuesday and the number of hospitalizations surpassed its April peak. Also, the Nasdaq and the S&P 500 rose near 0.8% after a sell-off the day before, with tech shares also trading in the green.2020-11-11T14:33:00"
Air Products & Chemicals earnings at 2.19 USD,Earnings,"Air Products & Chemicals earnings at 2.19 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.19 USD, compared to market expectations of 2.20 USD.2020-11-11T12:30:58.323"
Dollar at 1-Week High,Currency,"Dollar at 1-Week HighUnited States CurrencyThe dollar index strengthened to 93.1 on Wednesday, the highest on a closing basis in a week, amid hopes that central banks will not have to inject more money to support the economies if a coronavirus vaccine is available soon. At the same time,  prospects of a divided Congress that will prevent the new Biden administration from raising taxes and regulate businesses also supported the greenback. On the other hand, worries about vaccine deployment and how it will be delivered and rising infections in the US and Europe capped gains.2020-11-11T10:55:00"
Dow Jones Gains for 3rd Day,Stock Market,"Dow Jones Gains for 3rd DayUnited States Stock MarketDow Jones futures were up more than 150 points, extending gains for the 3rd session as the prospect of a working coronavirus vaccine continues to boost investors' mood and focus shifts into stocks that are more likely to benefit from the economic recovery. Meanwhile, US reported a single-day record of more than 130,000 new cases on Tuesday and the number of hospitalizations surpassed its April peak. Also, contracts on the Nasdaq and the S&P 500 rose more than 1% after a sell-off the day before.2020-11-11T10:36:00"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketStock futures in the US rose markedly on Wednesday, amid rotation of technology and stay-at-home stocks into cyclical names following an announcement from Pfizer and BioNTech that their COVID-19 vaccine was more than 90% effective in large-scale trials. Meantime, the US Food and Drug Administration said that Eli Lilly’s antibody-drug could be used to treat mild-to-moderate cases of coronavirus in patients who are older than 12 years old. On Tuesday, the Dow Jones added 262 points or 0.9% to 29,420. In contrast, the S&P 500 lost 5 points or 0.1% to 3546, while the Nasdaq sank 160 points or 1.4% to 11,554.2020-11-11T08:13:00"
Mexican Stocks Book 7-Month High,Stock Market,"Mexican Stocks Book 7-Month HighUnited States Stock MarketMexico’s IPC jumped 752 points or 1.9% to a seven-month high of 40,405 on Tuesday, as COVID-19 vaccine expectations extended the global rally. During the domestic side, the MXN continued to appreciate as WTI crude oil prices jumped 3.5% to $41.7 a barrel amid brighter recovery prospects. On Monday, INEGI data showed that auto production jumped 8.8% in October, while auto exports climbed 8.2% in the month. A 200 thousand net job creation in the month pointed to an economic recovery that gains steam. 
2020-11-10T21:55:00"
US Crude Stocks Fall for 2nd Straight Week,API Crude Oil Stock Change,"US Crude Stocks Fall for 2nd Straight WeekUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States dropped by 5.15 million barrels in the week ended November 6th of 2020, following a 8.01 million drop in the previous week and marking the second straight weekly loss, data from the American Petroleum Institute showed.2020-11-10T21:52:00"
The Dow Jones Index is up by 1.04%,Stock Market,"The Dow Jones Index is up by 1.04%United States Stock MarketUnited States Stock Market is picking up 302 points. Gains are led by Boeing (4.97%), Chevron (3.79%) and General Electric (3.56%).2020-11-10T20:30:02.693"
US Small Business Optimism Remains Strong,NFIB Business Optimism Index,"US Small Business Optimism Remains StrongUnited States NFIB Business Optimism IndexThe NFIB Business Optimism Index in the United States was unchanged at 104 in October of 2020, the same as in the previous month and above forecasts of 102.2. The index remained at levels not seen since February, before the coronavirus pandemic and above the long-term average of 98.4. However, the NFIB uncertainty index increased five points to 98, reaching the highest reading since November of 2016, due to the elections (data was collected prior to Election Day) and the Covid-19 pandemic.2020-11-10T11:20:00"
Dollar Gains for 2nd Day,Currency,"Dollar Gains for 2nd DayUnited States CurrencyThe dollar index was little changed near 93 on Wednesday on expectations that central banks would not have to flood markets with more liquidity if a coronavirus vaccine is available soon. At the same time, prospects of a divided Congress that will prevent the new Biden administration from raising taxes and regulate businesses also supported the greenback. Still, the long-term outlook remains clouded by rising levels of debt coupled with expectations for an extended period of low interest rates.
2020-11-10T10:32:00"
Dow Futures Extend Gains on Tuesday,Stock Market,"Dow Futures Extend Gains on TuesdayUnited States Stock MarketDow Jones futures were up more than 150 points on Tuesday, after booking its best day since early June in the previous session. News about Pfizer/BioNTech Covid-19 vaccine which is 90% effective in preventing infection continue to boost investors' mood at a time the US topped 10 million cases of coronavirus and hospitalizations surpassed 59K. On the political front, traders follow the transition of power in the White House, with Joe Biden announcing a new coronavirus task force. Meanwhile, contracts on the S&P 500 swung between gains and losses while the Nasdaq traded near 100 points lower, dragged down by tech shares. On Monday, the Dow Jones jumped 835 points or 3.0% to 29,158 booking its best day since early June. The S&P 500 surged 41 points or 1.8% to 3551. The Nasdaq dropped 182 points or 1.5% to 11,714.2020-11-10T09:59:00"
US Stock Fututes Drop,Stock Market,"US Stock Fututes DropUnited States Stock MarketStock futures in the US pointed to losses at the open on Tuesday, as traders were cautious over a potentially bumpy transition of power in the White House. At the same time, there were concerns that the size of the US fiscal stimulus package in a divided Congress could be much smaller than it would be under a Democratic-controlled Congress. On Monday, the Dow Jones jumped 835 points or 3.0% to 29,158 booking its best day since early June. The S&P 500 surged 41 points or 1.8% to 3551. The Nasdaq dropped 182 points or 1.5% to 11,714.2020-11-10T06:51:00"
"Dow, S&P 500 End Just Shy of Record",Stock Market,"Dow, S&P 500 End Just Shy of RecordUnited States Stock MarketThe Dow Jones and the S&P 500 came close to hitting a record high on Monday, boosted by bank and energy stocks as investors bet on more economically sensitive sectors after Pfizer revealed a vaccine breakthrough. Results from Pfizer/BioNTech showed its coronavirus vaccine is 90% effective in preventing infection among people without evidence of prior disease. At the same time, risk assets got a lift on expectations of fewer regulatory changes under a divided US government. Meanwhile, tech-heavy Nasdaq Composite fell more than 1% as investors rotated out of technology names. The Dow Jones jumped 835 points or 3.0% to 29,158 booking its best day since early June. The S&P 500 surged 41 points or 1.8% to 3551. The Nasdaq dropped 182 points or 1.5% to 11,714.2020-11-09T21:02:00"
The Dow Jones Index increasing 4.04%,Stock Market,"The Dow Jones Index increasing 4.04%United States Stock MarketUnited States Stock Market is up by 1146 points. The rise is driven by American Express (21.71%), Boeing (16.84%) and JPMorgan Chase (13.88%).2020-11-09T20:30:05.143"
Dollar Index Tests Session Peak Near 93,Currency,"Dollar Index Tests Session Peak Near 93 United States CurrencyThe US dollar extended the buying momentum overnight on expectations that central banks would not have to flood markets with more liquidity if a coronavirus vaccine is available soon. At the same time, prospects of a divided Congress and more modest economic stimulus also supported greenback's upward trend. Still, the long-term outlook remains clouded by rising levels of debt coupled with expectations for an extended period of low-interest rates. 2020-11-09T18:39:00"
Russell 2000 Hits All-time High,Stock Market,Russell 2000 Hits All-time HighUnited States Stock MarketRussell 2000 increased to an all-time high of 17432020-11-09T15:08:17.437
US Stocks Rally on Covid-19 Vaccine News,Stock Market,"US Stocks Rally on Covid-19 Vaccine NewsUnited States Stock MarketThe Dow Jones jumped more than 1450 points to an all-time high and the S&P 500 was up near 4% to also reach a record on Monday as results from Pfizer/BioNTech showed its coronavirus vaccine is 90% effective in preventing infection among people without evidence of prior disease. Shares of Pfizer were up near 8%. Stocks also gained as risk appetite improved worldwide, amid expectations of a calmer and stable Biden's presidency, and as it is likely that Republicans will keep control of the Senate making it harder for the new administration to raise taxes and expand regulation on businesses. Last week, the Dow climbed 6.9%, the S&P 500 7.3%, and the Nasdaq 9%, their best weekly performance since April.2020-11-09T14:36:00"
McDonalds earnings at 2.22 USD,Earnings,"McDonalds earnings at 2.22 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 2.22 USD, compared to market expectations of 1.93 USD.2020-11-09T13:03:09.557"
Dollar Near 2-Month Low,Currency,"Dollar Near 2-Month LowUnited States CurrencyThe dollar index was slightly higher at 92.5 on Monday, but remained close to levels not seen in more than 1 month, after Joe Biden was declared the winner of the US election on Saturday. The results raised traders' risk appetite worldwide, amid expectations of a calmer and more stable Biden's presidency, and continuing Republican control of the Senate making it harder for the new administration to raise taxes and expand regulation on businesses. Meanwhile, investors also cheered results from Pfizer/BioNTech coronavirus vaccine, which showed it is is 90% effective in preventing infection.2020-11-09T12:56:00"
Dow Futures Soar on Covid-19 Vaccine,Stock Market,"Dow Futures Soar on Covid-19 VaccineUnited States Stock MarketDow Jones futures rose more than 1500 points or 5% to an all-time high and the S&P 500 was up more than 4% as results from Pfizer/BioNTech showed its coronavirus vaccine is 90% effective in preventing infection among people without evidence of prior disease. Futures were already rising during early trade as risk appetite improved worldwide, amid expectations of a calmer and stable Biden's presidency, and as it is likely that Republicans will keep control of the Senate making it harder for the new administration to raise taxes and expand regulation on businesses. Last week, the Dow climbed 6.9%, the S&P 500 7.3%, and the Nasdaq 9%, their best weekly performance since April.2020-11-09T12:29:00"
US Futures Extend Gains as Biden Wins Election,Stock Market,"US Futures Extend Gains as Biden Wins ElectionUnited States Stock MarketUS futures traded sharply higher on Monday, with contracts on the Dow Jones rising near 300 points, the S&P 500 near 50 and the Nasdaq more than 200 points after Joe Biden was declared the winner of the US election on Saturday. The results improved risk appetite worldwide, amid expectations of a calmer and stable  Biden's administration. Also, with continuing Republican control of the Senate likely, a big stimulus package seems more difficult to be passed although it will also make it harder for the new administration to raise taxes and expand regulation on businesses. Still, Donald Trump refuses to accept the results and said 'this election is far from over', and launched lawsuits in many states. Last week, the Dow climbed 6.9%, the S&P 500 7.3%, and the Nasdaq 9%, their best weekly performance since April.2020-11-09T09:20:00"
US Stock Futures Rally,Stock Market,"US Stock Futures Rally United States Stock MarketWall Street set to start the week in the green, with Dow Jones futures surging 300 points as Joe Biden's victory in the US presidential race removed some uncertainty that has been rattling markets. At the same time, Democrats were unlikely to take back control of the Senate, while in the House, they were poised for their thinnest majority in about two decades, meaning significant reforms or corporate tax increases are less likely. Last week, the Dow climbed 6.9%, the S&P 500 rose 7.3%, and the Nasdaq jumped 9%.2020-11-09T01:10:00"
Dollar Remains Under Pressure,Currency,"Dollar Remains Under Pressure United States CurrencyThe dollar remained under pressure near the 92 area on Monday as investors digested Joe Biden's victory in the US presidential race. Fears that a big Democratic win could mean large-spending spooked investors away from the greenback last week. However, Democrats were unlikely to take back control of the Senate, while in the house, they were poised for their thinnest majority in about two decades. The dollar has been weakening since May amid rising levels of debt coupled with expectations for an extended period of low interest rates.2020-11-09T00:24:02.683"
US Consumer Credit Growth Beats Expectations,Consumer Credit,"US Consumer Credit Growth Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States increased by $16.21 billion in September 2020 after declining by $6.93 billion in the previous month, missing market expectations of a $9 billion increase. Total revolving credit increased by $2 billion after falling by $6.7 billion in August, whereas non-revolving credit increased by $12.2billion after rising by $2.8 billion. On an annual basis, consumer credit rose by 4.7 percent after declining 2.0 percent in the previous month.
2020-11-06T20:30:00"
US Wholesale Inventories Revised Higher,Wholesale Inventories,"US Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the US increased 0.4 percent month-over-month in September of 2020, better than initial estimates of a 0.1 percent fall, and following an upwardly revised 0.5 percent rise in August. Inventories went up for durable goods (0.1 percent vs 0.6 percent in August), with hardware (2.3 percent) recording the highest gain. Nondurable goods stocks also increased (0.7 percept vs 0.2 percent), with pharma products (4.8 percent) and drugs (1.6 percent) rising the most.2020-11-06T15:12:23.727"
US Average Hourly Earnings Rise Less than Expected,Average Hourly Earnings,"US Average Hourly Earnings Rise Less than ExpectedUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls rose by 4 cents, or 0.1 percent over the month to USD 29.50 in October of 2020, after showing no growth in September and below market expectations of a 0.2 percent gain. Year-on-year, average hourly earnings have increased by 4.5 percent, following a downwardly revised 4.6 percent in the prior month and slightly below market consensus of 4.6 percent. In October, average hourly earnings of private-sector production and nonsupervisory employees rose by 5 cents to USD 24.82. The large employment fluctuations over the past several months, especially in industries with lower-paid workers, complicate the analysis of recent trends in average hourly earnings. 

2020-11-06T13:32:00"
CVS Health earnings at 1.66 USD,Earnings,"CVS Health earnings at 1.66 USDUnited States EarningsCVS Health (CVS) released earnings per share at 1.66 USD, compared to market expectations of 1.33 USD.2020-11-06T11:32:21.047"
US Jobless Rate Seen at 7.7% in October,Unemployment Rate,"US Jobless Rate Seen at 7.7% in OctoberUnited States Unemployment RateThe US unemployment rate is seen falling to 7.7 percent in October 2020, little-changed from September's 7.9 percent, a number that has been biased down by people misclassifying themselves as being “employed but absent from work.” October's jobless rate would compare with an all-time high of 14.7 percent hit in April but would still remain well above pre-pandemic levels of about 3.5 percent, as the labor market recovery from COVID-19 shock showed signs of slowing amid a lack of fiscal stimulus and spiraling new coronavirus infections.2020-11-06T09:19:00"
Dollar Gains Ground,Currency,"Dollar Gains GroundUnited States CurrencyThe dollar bounced back from a two-week low on Friday on prospects of a divided Congress and more modest economic stimulus. The US Senate is likely to remain Republican, even if Joe Biden wins the White House. Still, the world’s reserve currency is doomed to remain under pressure no matter who wins the presidency. Rising levels of debt and several interest rate cuts from the Federal Reserve have pushed the greenback lower.2020-11-06T01:44:13.637"
Booking Holdings Inc earnings at 12.27 USD,Earnings,"Booking Holdings Inc earnings at 12.27 USDUnited States EarningsBooking Holdings Inc (BKNG) released earnings per share at 12.27 USD, compared to market expectations of 15.98 USD.2020-11-05T21:22:13.223"
Uber earnings at -0.62 USD,Earnings,"Uber earnings at -0.62 USDUnited States EarningsUber (UBER) released earnings per share at -0.62 USD, compared to market expectations of -0.61 USD.2020-11-05T21:15:26.773"
Dollar Tests Session Lows,Currency,"Dollar Tests Session LowsUnited States CurrencyThe dollar index tested session lows near 92.47 as investors focus on dovish Fed remarks and additional fiscal stimulus, which is pressuring the greenback lower this week. The US Central Bank kept interest rates steady, with policymakers adopting a wait-and-see approach after their two-day meeting, as they face an uncertain outlook. On the fiscal side, fears that a big Democratic win could boost government spending added to concerns that rising levels of debt could drag the economy. 2020-11-05T20:26:00"
Dollar Barely Reacts After Fed,Currency,"Dollar Barely Reacts After FedUnited States CurrencyThe dollar held steady at 92.6 against its major peers on Thursday and barely reacting after the Federal Reserve kept US interest rates steady, as widely expected. Policymakers adopted a wait-and-see approach after their two-day meeting, as they face an uncertain outlook. The recent weakness in the dollar came amid fears that a big Democratic win could boost government spending, increasing the US deficit. So far, results showed Biden winning 264 electoral votes while Trump picked up 214 votes, but the race remains tight in the swing states. 2020-11-05T19:17:00"
US Stocks Continue to Gain in Afternoon Trading,Stock Market,"US Stocks Continue to Gain in Afternoon TradingUnited States Stock MarketWall Street held onto early gains on Thursday, with the Dow Jones rising 2% and the S&P 500 and the Nasdaq adding 2.3% and 2.6%, respectively. Investors await the final outcome of US presidential election as ballots continued to be counted in battleground states Nevada, Arizona, Pennsylvania, North Carolina and Georgia. Biden leads with 264 electoral votes while Trump swept up 214 votes, with his campaign filing lawsuits and demanding a recount in some states. Investors also assess the likelihood of gridlock in Congress which will make the passage of the stimulus package more difficult but major policy changes more unlikely. On the monetary policy front, the Federal Reserve held interest rates at record low levels, and pledged to use its full range of tools to support the US economy amid the Covid-19 crisis.2020-11-05T19:16:00"
Russell 2000 Hits 36-week High,Stock Market,Russell 2000 Hits 36-week HighUnited States Stock MarketRussell 2000 increased to a 36-week high of 16542020-11-05T15:36:12.92
US Stocks Rally Continues,Stock Market,"US Stocks Rally ContinuesUnited States Stock MarketWall Street extended gains for the 4th session on Thursday, with the Dow Jones rising near 600 points and the S&P 500 and the Nasdaq adding near 2%. Investors await the final outcome of US presidential election as ballots continued to be counted in battleground states Nevada, Arizona, Pennsylvania, North Carolina and Georgia. Biden continues to lead with 264 electoral votes while Trump swept up 214 votes and his campaign already filed lawsuits and demanded a recount. Investors also assess the likelihood of gridlock in Congress which will make the passage of the stimulus package more difficult but major policy changes more unlikely. 2020-11-05T14:35:00"
US Labour Productivity Rises Less than Expected,Productivity,"US Labour Productivity Rises Less than ExpectedUnited States ProductivityLabor productivity in the US non-farm business sector rose by an annualized 4.9 percent in the third quarter of 2020, following an upwardly revised 10.6 percent increase in Q2 which was the fastest since 1971. Figures came below market forecasts of a 5.6 percent gain, preliminary estimates showed. Still, it was the second consecutive large increase in the productivity since 2009. Output went up 43.5 percent and hours worked rose 36.8 percent. 2020-11-05T13:36:00"
Sempra Energy earnings at 1.31 USD,Earnings,"Sempra Energy earnings at 1.31 USDUnited States EarningsSempra Energy (SRE) released earnings per share at 1.31 USD, compared to market expectations of 1.47 USD.2020-11-05T13:05:16.963"
"Becton, Dickinson and Co. earnings at 2.79 USD",Earnings,"Becton, Dickinson and Co. earnings at 2.79 USDUnited States EarningsBecton, Dickinson and Co. (BDX) released earnings per share at 2.79 USD, compared to market expectations of 2.50 USD.2020-11-05T13:05:09.24"
Zoetis earnings at 1.10 USD,Earnings,"Zoetis earnings at 1.10 USDUnited States EarningsZoetis (ZTS) released earnings per share at 1.10 USD, compared to market expectations of 0.89 USD.2020-11-05T13:05:08.79"
Regeneron Pharmaceuticals earnings at 8.36 USD,Earnings,"Regeneron Pharmaceuticals earnings at 8.36 USDUnited States EarningsRegeneron Pharmaceuticals (REGN) released earnings per share at 8.36 USD, compared to market expectations of 7.23 USD.2020-11-05T13:05:07.117"
Duke Energy earnings at 1.87 USD,Earnings,"Duke Energy earnings at 1.87 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.87 USD, compared to market expectations of 1.79 USD.2020-11-05T13:05:04.933"
Dominion Resources earnings at 1.08 USD,Earnings,"Dominion Resources earnings at 1.08 USDUnited States EarningsDominion Resources (D) released earnings per share at 1.08 USD, compared to market expectations of 1.00 USD.2020-11-05T13:05:03.373"
Companies in the US Cut the Least Jobs since February,Challenger Job Cuts,"Companies in the US Cut the Least Jobs since FebruaryUnited States Challenger Job CutsUS based employers announced 80,666 job cuts in October of 2020, well below 118,804 in September, and the least since February. Still, the number is 60 percent higher than the 50,275 cuts in the same month last year. The majority of redundancies continue to come from Entertainment/Leisure companies (14,876), energy (11,787), transportation (11,475) as airlines grapple with reduced travel and lower revenue, and services (9,471). So far this year, a record 2,162,928 job cuts have been announced, an increase of 320 percent from the same period a year ago. “The bulk of the announcements this year are indeed in industries directly impacted by shutdown orders and consumers’ wariness to spend money in such places, like restaurants, hotels, bars, and brick-and-mortar retail. We’ve now seen tens of thousands of cuts in industries outside Entertainment and Retail, indicating the impact is spreading,” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc.2020-11-05T12:37:00"
Dollar Extends Losses as Vote Counting Continues,Currency,"Dollar Extends Losses as Vote Counting ContinuesUnited States CurrencyThe dollar index extended losses for the third session to around 92.7 on Thursday, the lowest on a closing basis in near 2 weeks and was on track to book its biggest three-day drop since March. Investors await the final outcome of the US presidential election despite mounting concerns that it will take several days or weeks to get the final result. Democrat Joe Biden is leading although ballots continued to be counted in battleground states Nevada, Arizona, Pennsylvania, North Carolina and Georgia and the Trump campaign already filed lawsuits and demanded for a recount. Investors also assess the likelihood of gridlock in Congress which will make the passage of new stimulus more difficult. The dollar has been weakening since May amid rising levels of debt coupled with expectations for an extended period of low interest rates. 2020-11-05T11:02:00"
Fed Likely to Take Wait-and-See Approach,Interest Rate,"Fed Likely to Take Wait-and-See ApproachUnited States Interest RateThe Federal Reserve is seen holding the target range for the federal funds rate steady at 0-0.25 percent at the end of its two-day meeting on Thursday while renewing its pledge to keep it low for as long as necessary and do whatever it can to help the economy recover from the coronavirus-hit. Policymakers are seen discussing their future bond buying plans and stress the need of further fiscal stimulus although the central bank will likely take a wait-and-see approach as the final outcome of the US presidential election is not known yet. Still, investors will follow Chair Powell's press conference for any hints on new monetary stimulus amid the likely scenario of a divided Congress.  The Fed left the target range for its federal funds rate unchanged at 0-0.25% on September 16th and signalled it would hold them there through at least 2023.2020-11-05T08:36:00"
US Futures Extend Gains as Vote Counting Continues,Stock Market,"US Futures Extend Gains as Vote Counting ContinuesUnited States Stock MarketUS futures extended gains for the 4th session on Thursday as investors await the final outcome of US presidential election as ballots continued to be counted in battleground states Nevada, Arizona, Pennsylvania, North Carolina and Georgia. Joe Biden continues to lead with 264 electoral votes after winning Wisconsin and Michigan while Donald Trump swept up 214 votes and his campaign already filed lawsuits and demanded for a recount. Investors also assess the likelihood of gridlock in Congress which will make the passage of the stimulus package more difficult but will also make major policy changes more unlikely. Meanwhile, traders will also keep an eye on Fed's monetary policy decision later in the day, with no major changes expected in the fed funds rate although the central bank will likely repeat its pledge to do whatever it can to help the economy. The claims report showed 751K Americans filed for unemployment benefits last week, above market expectations of 732K. 2020-11-05T08:20:00"
US Dollar Depreciation Continues,Currency,"US Dollar Depreciation ContinuesUnited States CurrencyThe dollar on Thursday continued to depreciate from a one-month peak hit early this week as fears that a big Democratic win could boost government spending spooked investors away from the greenback. Rising levels of debt coupled with expectations for an extended period of low interest rates put downward pressure in the world’s reserve currency. However, such a big victory seems unlikely as Democrats faced an uphill battle to claim a majority in Senate. 2020-11-05T03:58:06.073"
10-year Treasury Yield Falls for 2nd Day,Government Bond 10Y,"10-year Treasury Yield Falls for 2nd Day United States Government Bond 10YThe 10-year Treasury yield decline for a second straight day on Thursday, sliding below 0.75% as optimism that Democrats will win control of both the White House and Senate faded along with the prospects of additional heavy-hitting fiscal stimulus. So far, results showed Biden winning 264 electoral votes while Trump picked up 214 votes, but the race remains tight in the swing states.2020-11-05T02:22:36.387"
US Stocks Extend Gains as Investors Await Results,Stock Market,"US Stocks Extend Gains as Investors Await ResultsUnited States Stock MarketUS equities rallied the most since May on Wednesday, with the Dow gaining near 700 points, the S&P 500 near 3% and the Nasdaq around 4%. Investors await the outcome of US presidential election as there's no clear winner yet and ballots continued to be counted in many states. So far, results showed a tight race between Donald Trump and Joe Biden although the Democrat swept up 238 electoral votes while Trump picked up 214 votes. Among those seven battleground states, Biden is leading in Nevada, Arizona, Wisconsin and Michigan but Trump is ahead in Pennsylvania, North Carolina and Georgia. Meanwhile, Trump campaign announced it’s filed suit in Michigan to halt the count and will “immediately” request a recount in the battleground of Wisconsin. Earlier, Trump tried to claim victory in a speech at the White House. Also, results known so far point to a divided Congress, making the passage of a big fiscal stimulus package more difficult.2020-11-04T18:53:00"
US Crude Inventories Fall the Most in 2 Months,Crude Oil Stocks Change,"US Crude Inventories Fall the Most in 2 MonthsUnited States Crude Oil Stocks ChangeUS crude oil inventories fell by 7.998 million barrels in the week ended October 30th 2020, following a 4.32 million rise in the previous period and compared to market expectations of a 0.89 million increase, according to the EIA Petroleum Status Report. That was the steepest decline in crude stocks since the week ended August 28th. Meantime, gasoline inventories were up by 1.541 million barrels, while markets had forecast a drop of 0.871 million.2020-11-04T15:33:00"
US Private Sector Output Growth at 29-month High,Composite Pmi,"US Private Sector Output Growth at 29-month HighUnited States Composite PmiThe IHS Markit US Composite PMI was revised higher to 56.3 in October of 2020 from a preliminary reading of 55.5 and 54.3 in the previous month. The reading pointed to the fourth successive expansion in private sector activity and the sharpest since May of 2018, driven by the strongest increase in service sector business activity since April 2015 (PMI at 56.9 from 54.6) alongside a more modest acceleration of manufacturing growth to an 11-month high (PMI at 53.4 from 53.2 in September).  Contributing to output growth was the fastest rise in new business since February 2019. The improvement was driven by domestic demand, as new export orders almost stalled. Amid emerging reports of spare capacity, private sector firms indicated a slower rise in employment. Meanwhile, rates of input price and output charges inflation eased. Finally, companies were more upbeat regarding the outlook for output over the coming 12 months, with optimism surging by a survey record extent in October. 2020-11-04T14:57:00"
US Service Sector Activity Expands the Most Since 2015,Services PMI,"US Service Sector Activity Expands the Most Since 2015United States Services PMIThe IHS Markit US Services PMI was revised higher to 56.9 in October 2020 from a preliminary estimate of 56 and compared to September's final reading of 54.6. The latest reading pointed to the third consecutive expansion in the services sector and the sharpest in since April 2015. The quicker rate of growth was largely linked to more robust demand conditions, despite a slower upturn in new export business. Firms continued to work through backlogs accumulated during lockdown, but pressure on capacity eased and employment consequently rose at the softest pace for three months. Optimism about business levels in one year’s time improved to the strongest since April 2018 principally amid hopes of an end to the coronavirus disease 2019 crisis and additional stimulus during the pandemic.2020-11-04T14:49:00"
US Stocks Higher as Investors Await Results,Stock Market,"US Stocks Higher as Investors Await ResultsUnited States Stock MarketUS equities rallied the most since May on Wednesday, with the Dow gaining near 700 points, the S&P 500 near 3% and the Nasdaq around 4%. Investors await the outcome of US presidential election and big volatility is expected during the session as there's no clear winner yet and ballots continued to be counted in many states. So far, results showed a tight race between Donald Trump and Joe Biden although the Democrat swept up 227 electoral votes while Trump picked up 213 votes and won Florida. Biden is leading in Nevada, Arizona, Wisconsin and Michigan but Trump is ahead in Pennsylvania, North Carolina and Georgia. Earlier, Trump tried to claim victory in a speech at the White House. Also, results known so far point to a divided Congress, making the passage of a big fiscal stimulus package more difficult.2020-11-04T14:33:00"
US Futures Gain as Investors Await Results,Stock Market,"US Futures Gain as Investors Await ResultsUnited States Stock MarketDow Jones futures managed to rebound and gain near 100 points heading into the opening bell on Wednesday while the S&P 500 added 2% and the Nasdaq around 3%. Investors await the outcome of US presidential election and big volatility is expected during the session as there's no clear winner yet and ballots continued to be counted in many states. So far, results showed a tight race between Donald Trump and Joe Biden although the Democrat swept up 227 electoral votes while Trump picked up 213 votes and won Florida. Biden is leading in Nevada, Arizona, Wisconsin and Michigan but Trump is ahead in Pennsylvania, North Carolina and Georgia. Earlier, Trump tried to claim victory in a speech at the White House. Also, results known so far point to a divided Congress, making the passage of a big fiscal stimulus package more difficult.2020-11-04T13:47:00"
US Imports Edge Up 0.5% to 7-Month High,Imports,"US Imports Edge Up 0.5% to 7-Month HighUnited States ImportsImports to the United States edged up 0.5 percent to USD 240.2 billion in September 2020, the highest level since February and the fourth straight month of rises, as domestic demand continued its recovery from the pandemic hit. Goods purchases advanced by USD 0.6 billion to USD 203.5 billion, led by imports of automotive vehicles, parts, and engines (USD 3.2 billion), in particular passenger cars (USD 2.4 billion); and capital goods (USD 0.8 billion). On the other hand, purchases fell for consumer goods (down USD 2.1 billion), of which cell phones and other household goods (down USD 2.3 billion), and industrial supplies and materials (down USD 1.3 billion) like finished metal shapes (down USD 1.4 billion). Imports of services increased by USD 0.6 billion to USD 36.8 billion, namely travel (USD 0.3 billion) and transport (USD 0.2 billion).2020-11-04T13:42:00"
US Exports Rise 2.6% to 6-Month High,Exports,"US Exports Rise 2.6% to 6-Month HighUnited States ExportsExports from the United States increased 2.6 percent to USD 176.4 billion in September 2020, the highest level since March and the fourth straight month of rises, as global demand continued to recover from the coronavirus pandemic shock. Goods exports rose by USD 3.7 billion to USD 122.8 billion, on the back of sales of foods, feeds, and beverages (USD 1.6 billion); namely soybeans (USD 1.4 billion); and capital goods (USD 1.4 billion), like telecommunications, industrial engines and computer accessories. Services exports went up by USD 0.7 billion to USD 53.6 billion, of which transport (USD 0.2 billion), travel (USD 0.1 billion) and financial services (USD 0.1 billion).2020-11-04T13:37:00"
10-Year Yield Falls the Most since June on Election Uncertainty,Government Bond 10Y,"10-Year Yield Falls the Most since June on Election UncertaintyUnited States Government Bond 10YThe yield on the benchmark 10-year bond was down to 0.82% on Wednesday, after touching five-month highs of 0.9% earlier in the session, and booking the biggest drop since June amid increasing uncertainty about the outcome of the US elections. Ballots continued to be counted in key US states and a clear winner was not found yet. Biden swept up 238 electoral votes so far and had a lead in Arizona, while Trump picked up 214 votes and won Florida. The Democrat is leading in Nevada, Arizona, Wisconsin and Michigan but Trump is ahead in Pennsylvania, North Carolina and Georgia. Also, results known so far point to a divided Congress, making the passage of a big fiscal stimulus package more difficult.2020-11-04T12:49:00"
Mortgage Applications Rise for 2nd Week: MBA,Mortgage Applications,"Mortgage Applications Rise for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States jumped 3.8 percent in the week ended October 30th, following a 1.7 percent increase in the previous week, data from the Mortgage Bankers Association showed. It is the first time in 3 months applications rise for 2 consecutive weeks. Applications to refinance a home loan surged 6.4 percent while homebuyer mortgage applications went down 1.3 percent. The average fixed 30-year mortgage rate edged up 1bps bps to 3.01 percent, remaining at near record low levels. The rates for jumbo loans, FHA loans and 15-year fixed loans also set record lows.2020-11-04T12:08:00"
Dow Futures Lack Direction as Vote Count Continues,Stock Market,"Dow Futures Lack Direction as Vote Count ContinuesUnited States Stock MarketDow Jones futures swung between gains and losses on Wednesday, after rising more than 100 points earlier in the session while both the S&P 500 and the Nasdaq pared some earlier gains but remained in the green. Volatility is expected during the session on Wednesday and until final results are know. So far, results showed a tight race between President Trump and Democrat Joe Biden and vote counting in many states will take some time. Investors focus on swing states that will be decisive in the election's outcome. Biden swept up 225 electoral votes so far and had a lead in Arizona, while Trump picked up 213 votes and won Florida. Markets are also watching some key Senate races, which could lead to Democrats taking control of Congress. On Tuesday, the Dow Jones jumped 555 points or 2.1% to 27,480. The S&P 500 climbed 59 points or 1.8% to 3369. The Nasdaq surged 203 points or 1.9% to 11,161.2020-11-04T07:03:00"
US Stock Futures Rebound in Volatile Trading,Stock Market,"US Stock Futures Rebound in Volatile TradingUnited States Stock MarketUS stock futures rebounded in volatile trading Wednesday, with Dow Jones futures rising more than 100 points and Nasdaq futures jumping 3%, as election results showed a tight race between President Trump and Democrat Joe Biden. Polls are closing across the nation, with investor focus shifting to swing states that will be decisive in the election's outcome. Biden swept up 213 electoral votes so far and had a lead in Arizona, while Trump picked up 174 votes and is leading the vote count in Florida. Votes in key states such as Pennsylvania, Wisconsin and Michigan were still being counted, and full results were not expected today. Markets are also watching some key Senate races, which could lead to Democrats taking control of Congress. On Tuesday, the Dow Jones jumped 555 points or 2.1% to 27,480. The S&P 500 climbed 59 points or 1.8% to 3369. The Nasdaq surged 203 points or 1.9% to 11,161.2020-11-04T03:27:00"
US 10-Year Treasury Bond Reverse Losses,Government Bond 10Y,"US 10-Year Treasury Bond Reverse LossesUnited States Government Bond 10YThe yield on the benchmark 10-year bond touched a session low of 0.79%, before erasing some losses to trade at 0.83%, as investors looked for safety after early polls suggested the outcome of the American presidential election will be closer than surveys had suggested. Polls have closed in more than half of all states, with Biden sweeping up 213 electoral votes so far and Trump picking up 174 votes, but the race is tighter in the swing states.  2020-11-04T02:00:00"
US Stock Futures Cut Gains to Point to Mixed Start,Stock Market,"US Stock Futures Cut Gains to Point to Mixed StartUnited States Stock MarketUS stock futures pointed to a mixed start on Wednesday, with Dow Jones futures falling around 300 points after a 200-point rally earlier in the evening, as investors hope that a clear winner would emerge from the US presidential election and fiscal stimulus talks would soon be reactivated. Polls have closed in more than half of all states, including Florida, Ohio, North Carolina and Georgia, with Biden sweeping up 131 electoral votes so far and Trump picking up 98 votes. In Florida, which is a key battleground state, the result was too close to call, while Pennsylvania, North Carolina and Ohio were too early to call. Markets are also watching some key Senate races, which could lead to Democrats taking control of Congress. On Tuesday, the Dow Jones jumped 555 points or 2.1% to 27,480. The S&P 500 climbed 59 points or 1.8% to 3369. The Nasdaq surged 203 points or 1.9% to 11,161.2020-11-04T01:18:00"
US Stock Futures Point to Positive Start,Stock Market,"US Stock Futures Point to Positive StartUnited States Stock MarketUS stock futures pointed to strong gains on Wednesday, with the Dow Jones futures rising more than 200 points, as investors hope that a clear winner would emerge from the US presidential election and fiscal stimulus talks would soon be reactivated. Polls in Indiana and Kentucky closed, with early results suggesting President Trump won both states as widely expected. In Florida, which is a key battleground state, the difference between Trump and Biden is far tighter. Markets are also watching some key Senate races, which could lead to Democrats taking control of Congress. On Tuesday, the Dow Jones jumped 555 points or 2.1% to 27,480. The S&P 500 climbed 59 points or 1.8% to 3369. The Nasdaq surged 203 points or 1.9% to 11,161.2020-11-04T00:32:00"
API: US Crude Oil Inventories Unexpectedly Fall,API Crude Oil Stock Change,"API: US Crude Oil Inventories Unexpectedly FallUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States dropped by 8.01 million barrels in the week ended October 30th, 2020, after a 4.58 million gain in the previous week and compared with market expectations of a 1.96 million rise, data from the American Petroleum Institute showed.2020-11-03T22:29:17.23"
US Stocks Rally on Election Day,Stock Market,"US Stocks Rally on Election DayUnited States Stock MarketWall Street closed deeply in the green on Tuesday, as investors hoped a clear winner would emerge from the presidential election and fiscal stimulus talks will soon be reactivated. Former Vice President Joe Biden held a nearly double-digit lead in national polling over President Donald Trump, with incumbent approval rates ranging at 40-50% but the race will be decided in a few swing states where the polls are tighter. The Dow Jones jumped 555 points or 2.1% to 27,480. The S&P 500 climbed 59 points or 1.8% to 3369. The Nasdaq surged 203 points or 1.9% to 11,161.
2020-11-03T21:05:00"
Dollar Weakens As Americans Vote,Currency,"Dollar Weakens As Americans VoteUnited States CurrencyThe dollar index fell as much as 1% to trade around 93.160 on Tuesday, moving away from a 4-week high of 94.1 reported in the previous session as Americans head to polls. Despite the recent uptick, the DXY has been weak due to low-interest rates, rising budget deficit, and tax cuts. And is likely to remain under pressure no matter who will be the next US president as a further fiscal stimulus to support consumers and businesses hit by COVID-19 will push the budget deficit higher. 2020-11-03T20:56:00"
The Dow Jones Index rising 1.97%,Stock Market,"The Dow Jones Index rising 1.97%United States Stock MarketUnited States Stock Market is gaining 530 points. Leading the gains are Goldman Sachs (4.13%), UnitedHealth (3.63%) and Boeing (3.46%).2020-11-03T20:30:05.327"
US Stocks Extend Gains on Election Day,Stock Market,"US Stocks Extend Gains on Election DayUnited States Stock MarketWall Street rallied on Tuesday, with the Dow Jones rising more than 500 points and the S&P 500 and the Nasdaq adding near 2%, as investors were hoping that a clear winner would emerge from the presidential election and the new stimulus bill would be approved. Democrat Joe Biden continues to lead the polls but battleground states remain tight. Meanwhile, the number of coronavirus infections continues to rise although below record levels seen last week. Some states are already imposing new restrictive measures, including Connecticut and Massachusetts and in NY, travelers must quarantine for at least 3 days upon the arrival. 
2020-11-03T14:32:00"
Humana earnings at 3.08 USD,Earnings,"Humana earnings at 3.08 USDUnited States EarningsHumana (HUM) released earnings per share at 3.08 USD, compared to market expectations of 2.81 USD.2020-11-03T12:33:39.88"
US Futures Rise Near 1% on the Election Day,Stock Market,"US Futures Rise Near 1% on the Election DayUnited States Stock MarketUS futures were higher on Tuesday, with contracts for the 3 benchmark indexes rising near 1%, and extending gains from the previous session, as investors brace for the presidential election. Democrat Joe Biden continued to lead the polls but investors see chances of contested outcome and delayed results as many states may not have the polls counted on election night due to the increase in mail voting. Meanwhile, the number of coronavirus infections continue to rise although below record levels seen last week. Some states are already imposing new restrictive measures, including Connecticut and Massachusetts and in NY, travellers must quarantine for at least 3 days upon arrival. On the corporate front, Royal Caribbean Group, Norwegian Cruise Line Holdings Ltd. and Carnival Corp. announced Monday that they are cancelling most cruises through the end of the year due to the pandemic. 2020-11-03T09:39:00"
PayPal earnings at 1.07 USD,Earnings,"PayPal earnings at 1.07 USDUnited States EarningsPayPal (PYPL) released earnings per share at 1.07 USD, compared to market expectations of 0.94 USD.2020-11-02T21:45:31.007"
Mondelez International earnings at 0.63 USD,Earnings,"Mondelez International earnings at 0.63 USDUnited States EarningsMondelez International (MDLZ) released earnings per share at 0.63 USD, compared to market expectations of 0.63 USD.2020-11-02T21:10:13.303"
The Dow Jones Index is up by 1.56%,Stock Market,"The Dow Jones Index is up by 1.56%United States Stock MarketUnited States Stock Market is picking up 412 points. Gains are led by Honeywell International (5.32%), Chevron (4.36%) and Caterpillar (3.98%).2020-11-02T20:30:03.71"
US Manufacturing PMI Revised Slightly Higher: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Slightly Higher: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised higher to 53.4 in October of 2020 from a preliminary estimate of 53.3. The reading pointed to the 4th consecutive month of growth in factory activity and the strongest since January of 2019, marking a further move away from April's nadir. Output growth was the sharpest since November of 2019, driven by stronger client demand and higher new order inflows. New order growth picked up due to more robust client demand, with some firms noting larger orders being placed. Although domestic demand ticked higher, new export orders fell for the first time since July due to reimposed coronavirus lockdown restrictions in Europe. Reflecting weaker pressure on capacity, firms increased their workforce numbers at a softer pace. Meanwhile, average cost burdens increased at the steepest rate since January of 2019. Business expectations remained positive, improving on September’s 4-month low, as firms foresee a rise in output over the coming year. 
2020-11-02T14:53:56.017"
Dollar Little Changed at 1-Month High as Election Looms,Currency,"Dollar Little Changed at 1-Month High as Election LoomsUnited States CurrencyThe dollar index traded nearly flat around 94 on Tuesday, remaining close to levels not seen in a month, reinforcing its safe-haven status as investors are cautious ahead of the US presidential election. Biden leads the polls but anxiety and uncertainty mount amid the possibility of contested outcome and delayed results as many states may not have the polls counted on election night due to the increase in mail voting. Also, new lockdowns in France, Germany and more recently in the UK and a dovish ECB spooked investors away from the euro and sterling. Last week, the dollar was up around 1.3%, the biggest weekly gain since late September.2020-11-02T13:17:00"
Waste Management earnings at 1.09 USD,Earnings,"Waste Management earnings at 1.09 USDUnited States EarningsWaste Management (WM) released earnings per share at 1.09 USD, compared to market expectations of 1.02 USD.2020-11-02T12:37:32.797"
Estée Lauder earnings at 1.44 USD,Earnings,"Estée Lauder earnings at 1.44 USDUnited States EarningsEstée Lauder (EL) released earnings per share at 1.44 USD, compared to market expectations of 0.90 USD.2020-11-02T11:51:28.623"
Dollar Extends Gains as Election Looms,Currency,"Dollar Extends Gains as Election LoomsUnited States CurrencyThe dollar index appreciated slightly to around 94.1 on Monday, the highest on a closing basis since September 28th, as investors remain cautious ahead of the US presidential election on Tuesday. Biden leads the polls but anxiety and uncertainty mount amid a potentially contested election result while many states will not have complete results on election night due to the increase in mail voting. Meanwhile, rising coronavirus infections and more restrictions in Europe continue to weigh on investors' mood and pressuring the greenback. Also, new lockdowns in France, Germany and more recently in the UK and a dovish ECB spooked investors away from the euro and sterling. Last week, the dollar was up around 1.3%, the biggest weekly gain since late September.2020-11-02T10:08:00"
Dollar Index Hits 4-week High,currency,"Dollar Index Hits 4-week HighUnited States currencyThe dollar appreciated to a 4-week high of 94.102 against the other major currencies on Monday, as traders rushed to the safety of the greenback amid rising coronavirus infections and a potentially contested election result in the US. Renewed lockdowns in France, Germany and more recently in England and a dovish ECB spooked investor away from the euro and sterling.2020-11-02T00:00:00"
Dollar Up for 3rd Day to Book Best Week in a Month,Currency,"Dollar Up for 3rd Day to Book Best Week in a MonthUnited States CurrencyThe dollar index inched higher to trade above 94 on Friday, extending the rally for 3rd session and remaining at 1 month high amid rising coronavirus infections and a potentially contested election result in the US next week. At the same time, the Euro remains under pressure as investors worry about the impact of renewed lockdowns in France, Germany, and a few Spanish regions. On the week the dollar was up around 1.3%, the biggest weekly gain since late September and reversing from a 1% loss the week before.2020-10-30T21:37:00"
Russell 2000 Hits 4-week Low,Stock Market,Russell 2000 Hits 4-week LowUnited States Stock MarketRussell 2000 decreased to a 4-week low of 15312020-10-30T19:24:14.467
Dow Jones is down by 2.03%,stock market,Dow Jones is down by 2.03%United States stock marketDow Jones Industrial Average decreased 2.03% to 261192020-10-30T18:45:39.813
Dollar on Track for 1% Gain on the Week,Currency,"Dollar on Track for 1% Gain on the WeekUnited States CurrencyThe dollar index inched higher to trade above 94 on Friday, extending the rally for 3rd session and remaining at 1 month high amid rising coronavirus infections and a potentially contested election result in the US next week. At the same time, the Euro remains under pressure as investors worry about the impact of renewed lockdowns in France, Germany, and a few Spanish regions. On the week the dollar is on track to gain near 1%, reversing a 1% loss the week before.2020-10-30T17:04:00"
Dow and S&P on Track for 2nd Month of Losses,Stock Market,"Dow and S&P on Track for 2nd Month of LossesUnited States Stock MarketUS stocks sank near 2% on Friday and are on the track for the second month of losses, dragged down by tech shares as quarterly results for some big companies disappointed. Apple iPhone sales declined 16%, Facebook users in the US and Canada dropped and Twitter user growth was lower than anticipated. In contrast, Alphabet stocks soared after its quarterly results came better than forecasts. Also, investors remain concerned about rising coronavirus infections with US hitting another daily record on Thursday and the results of the presidential elections next Tuesday. On the week, the Dow Jones is down more than 7%, the S&P 500 more than 6%, both on track for their biggest weekly losses since March. Meanwhile, the Nasdaq is set to decline more than 5%. 2020-10-30T16:10:00"
US Consumer Sentiment Reamins Strongest Since March,Consumer Confidence,"US Consumer Sentiment Reamins Strongest Since MarchUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment was revised slightly higher to 81.8 in October of 2020, reaching the highest since March. Still, the sentiment remains much below 101 reported in February, before the coronavirus pandemic started. Improvements were seen in both expectations (79.2 vs 78.8 in the advance estimate) and current conditions (85.9 vs 84.9). On the price front, inflation expectations for the year ahead were revised lower to 2.6 percent from 2.7 percent and those for the next 5 years were unchanged at 2.4 percent. ""Consumer sentiment remained virtually unchanged from the first half of October (+0.6 points) and was insignificantly different from last month's figure (+1.4 points). Fear and loathing produced this false sense of stability. Fears were generated by rising covid infection and death rates, and loathing was generated by the hyper-partisanship that has driven the election to ideological extremes"", Surveys of Consumers chief economist, Richard Curtin said. 2020-10-30T14:12:00"
Chicago PMI Remains Strong,Chicago Pmi,"Chicago PMI Remains StrongUnited States Chicago PmiThe MNI Chicago Business Barometer in the US fell to 61.1 in October of 2020 from 62.4 in September which was the highest since February of 2009. Still, figures pointed to a strong expansion in Chicago business activity, above the long-term average of 54.6 and market forecasts of 58. Production recorded the largest decline and new orders was the only category to show a monthly uptick, reaching the highest since November of 2018.2020-10-30T13:56:42.01"
US PCE Price Index Rises in September,PCE Price Index Monthly Change,"US PCE Price Index Rises in SeptemberUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States rose 0.2 percent month-over-month in September 2020, following a 0.3 percent gain in August, boosted by an increase in services cost (0.3 percent, the same as in August). Meanwhile, goods prices fell 0.1 percent (vs 0.4 percent in August), led by a 0.3 percent drop in nondurable goods. Excluding food and energy, PCE prices went up 0.2 percent, in line with market expectations. Year-on-year, the PCE price index advanced 1.4 percent and the core index increased 1.5 percent. 2020-10-30T12:45:00"
US Personal Income Beats Forecast in September,Personal Income,"US Personal Income Beats Forecast in SeptemberUnited States Personal IncomeUS personal income rose by 0.9 percent from a month earlier in September 2020, rebounding from a revised 2.5 percent slump in August and beating market consensus of a 0.4 percent increase. The monthly gain was boosted by increases in proprietors’ income, compensation of employees, and rental income of persons, which were partly offset by a decrease in government social benefits.2020-10-30T12:37:00"
US Employment Costs Rise 0.5% in Q3,Employment Cost Index,"US Employment Costs Rise 0.5% in Q3United States Employment Cost IndexCompensation costs for civilian workers in the US increased 0.5 percent on quarter in the three months to September 2020, the same as in the previous period and in line with market expectations. It remained the smallest gain since Q2 2017, as wages and salaries rose 0.4 percent, the same as in Q2; and benefit costs went up 0.6 percent, easing from a 0.8 percent.2020-10-30T12:33:00"
L3Harris Technologies Inc earnings at 2.84 USD,Earnings,"L3Harris Technologies Inc earnings at 2.84 USDUnited States EarningsL3Harris Technologies Inc (LHX) released earnings per share at 2.84 USD, compared to market expectations of 2.72 USD.2020-10-30T12:03:54.893"
Charter Communications earnings at 3.90 USD,Earnings,"Charter Communications earnings at 3.90 USDUnited States EarningsCharter Communications (CHTR) released earnings per share at 3.90 USD, compared to market expectations of 3.05 USD.2020-10-30T12:03:50.337"
Altria earnings at 1.19 USD,Earnings,"Altria earnings at 1.19 USDUnited States EarningsAltria (MO) released earnings per share at 1.19 USD, compared to market expectations of 1.15 USD.2020-10-30T12:03:42.91"
Exxon Mobil earnings at -0.18 USD,Earnings,"Exxon Mobil earnings at -0.18 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at -0.18 USD, compared to market expectations of -0.25 USD.2020-10-30T11:35:57.977"
Dollar Rally Pauses on Friday,Currency,"Dollar Rally Pauses on FridayUnited States CurrencyThe dollar index paused a 2-day rally to trade slightly lower around 93.8 on Friday. Still, the greenback remains at levels not seen in one month amid rising coronavirus infections and a potentially contested election result in the US next week. A weaker Euro is also pressuring the dollar due to concerns about the negative impact of new restrictive measures on the European economic recovery. On the week the dollar is on track to gain near 1%, reversing a 1% loss the week before. Considering the October month, the dollar is little changed.2020-10-30T11:11:00"
Chevron earnings at 0.11 USD,Earnings,"Chevron earnings at 0.11 USDUnited States EarningsChevron (CVX) released earnings per share at 0.11 USD, compared to market expectations of -0.27 USD.2020-10-30T10:49:54.193"
Dollar Hovers Near 1-Month High,Currency,"Dollar Hovers Near 1-Month HighUnited States CurrencyThe dollar held steady near one-month highs against the other major currencies on Friday, as traders rushed to the safety of the greenback amid rising coronavirus infections and a potentially contested election result in the US. In the absence of further fiscal stimulus in the US, a dovish ECB communique and fresh lockdowns in Germany and France the dollar is expected to appreciate further. 2020-10-30T01:30:09.367"
Digital Realty earnings at 1.54 USD,Earnings,"Digital Realty earnings at 1.54 USDUnited States EarningsDigital Realty (DLR) released earnings per share at 1.54 USD, compared to market expectations of 1.48 USD.2020-10-29T21:46:22.937"
Illumina earnings at 1.02 USD,Earnings,"Illumina earnings at 1.02 USDUnited States EarningsIllumina (ILMN) released earnings per share at 1.02 USD, compared to market expectations of 0.77 USD.2020-10-29T21:02:25.26"
Apple earnings at 0.73 USD,Earnings,"Apple earnings at 0.73 USDUnited States EarningsApple (AAPL) released earnings per share at 0.73 USD, compared to market expectations of 0.70 USD.2020-10-29T20:32:19.953"
Vertex Pharmaceuticals earnings at 2.64 USD,Earnings,"Vertex Pharmaceuticals earnings at 2.64 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 2.64 USD, compared to market expectations of 2.39 USD.2020-10-29T20:29:34.403"
Starbucks earnings at 0.51 USD,Earnings,"Starbucks earnings at 0.51 USDUnited States EarningsStarbucks (SBUX) released earnings per share at 0.51 USD, compared to market expectations of 0.33 USD.2020-10-29T20:29:33.507"
Alphabet earnings at 16.40 USD,Earnings,"Alphabet earnings at 16.40 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 16.40 USD, compared to market expectations of 11.29 USD.2020-10-29T20:28:48.843"
Facebook earnings at 2.71 USD,Earnings,"Facebook earnings at 2.71 USDUnited States EarningsFacebook (FB) released earnings per share at 2.71 USD, compared to market expectations of 1.94 USD.2020-10-29T20:18:39.91"
Alphabet earnings at 16.40 USD,Earnings,"Alphabet earnings at 16.40 USDUnited States EarningsAlphabet (GOOGL) released earnings per share at 16.40 USD, compared to market expectations of 11.29 USD.2020-10-29T20:16:42.99"
Amazon earnings at 12.37 USD,Earnings,"Amazon earnings at 12.37 USDUnited States EarningsAmazon (AMZN) released earnings per share at 12.37 USD, compared to market expectations of 7.41 USD.2020-10-29T20:14:38.113"
Activision Blizzard earnings at 0.71 USD,Earnings,"Activision Blizzard earnings at 0.71 USDUnited States EarningsActivision Blizzard (ATVI) released earnings per share at 0.71 USD, compared to market expectations of 0.65 USD.2020-10-29T20:13:58.24"
Dollar at 1-Month High,Currency,"Dollar at 1-Month HighUnited States CurrencyThe dollar index strengthened further for the second straight session to around 94 on Thursday, the highest on a closing basis in near a month, as traders rush to the safety of the greenback amid rising coronavirus infections and a potentially contested election result in the US. Joe Biden continues to lead the polls but four years ago the polls proved to be wrong and Donald Trump won the election. Meanwhile, recent GDP data showed the US economy grew at a record 33.1% in Q3, well above forecasts of 31%, suggesting the economy is gaining momentum after the big hit from the pandemic in Q2. The Euro also declined and pushed the dollar further up after ECB President Christine Lagarde said that rising COVID-19 cases and new restrictive measures have led to a ""clear deterioration"" in the bloc's near-term outlook.2020-10-29T15:17:00"
US Pending Home Sales Annual Growth Remains Strong,Pending Home Sales,"US Pending Home Sales Annual Growth Remains StrongUnited States Pending Home SalesContracts to buy previously owned homes in the US jumped surged 20.5 percent over a year earlier in September of 2020, following a 24.3 percent rise in August. On a monthly basis however, pending home sales dropped 2.2 percent, compared to forecasts of a 3.4 percent gain, and after four consecutive months of contract activity growth. While all four major regions recorded notable year-over-year increases, only the Northeast achieved month-over-month gains. ""The demand for home buying remains super strong, even with a slight monthly pullback in September, and we're still likely to end the year with more homes sold overall in 2020 than in 2019. With persistent low mortgage rates and some degree of a continuing jobs recovery, more contract signings are expected in the near future"", "" Lawrence Yun, NAR's chief economist said.2020-10-29T14:06:00"
Newmont Mining earnings at 0.86 USD,Earnings,"Newmont Mining earnings at 0.86 USDUnited States EarningsNewmont Mining (NEM) released earnings per share at 0.86 USD, compared to market expectations of 0.79 USD.2020-10-29T12:23:16.633"
Marsh & McLennan Companies earnings at 0.82 USD,Earnings,"Marsh & McLennan Companies earnings at 0.82 USDUnited States EarningsMarsh & McLennan Companies (MMC) released earnings per share at 0.82 USD, compared to market expectations of 0.74 USD.2020-10-29T12:12:48.6"
Fidelity National Information Services earnings at 1.42 USD,Earnings,"Fidelity National Information Services earnings at 1.42 USDUnited States EarningsFidelity National Information Services (FIS) released earnings per share at 1.42 USD, compared to market expectations of 1.42 USD.2020-10-29T12:12:48.477"
Moody's earnings at 2.69 USD,Earnings,"Moody's earnings at 2.69 USDUnited States EarningsMoody's (MCO) released earnings per share at 2.69 USD, compared to market expectations of 2.19 USD.2020-10-29T12:12:42.297"
Baxter International earnings at 0.83 USD,Earnings,"Baxter International earnings at 0.83 USDUnited States EarningsBaxter International (BAX) released earnings per share at 0.83 USD, compared to market expectations of 0.73 USD.2020-10-29T12:12:31.95"
American Tower earnings at 2.23 USD,Earnings,"American Tower earnings at 2.23 USDUnited States EarningsAmerican Tower (AMT) released earnings per share at 2.23 USD, compared to market expectations of 2.08 USD.2020-10-29T12:12:23.977"
ConocoPhillips earnings at -0.31 USD,Earnings,"ConocoPhillips earnings at -0.31 USDUnited States EarningsConocoPhillips (COP) released earnings per share at -0.31 USD, compared to market expectations of -0.30 USD.2020-10-29T12:12:20.967"
Comcast earnings at 0.65 USD,Earnings,"Comcast earnings at 0.65 USDUnited States EarningsComcast (CMCSA) released earnings per share at 0.65 USD, compared to market expectations of 0.52 USD.2020-10-29T11:40:07.303"
Global Payments earnings at 1.71 USD,Earnings,"Global Payments earnings at 1.71 USDUnited States EarningsGlobal Payments (GPN) released earnings per share at 1.71 USD, compared to market expectations of 1.66 USD.2020-10-29T11:39:45.807"
Southern Co. earnings at 1.22 USD,Earnings,"Southern Co. earnings at 1.22 USDUnited States EarningsSouthern Co. (SO) released earnings per share at 1.22 USD, compared to market expectations of 1.21 USD.2020-10-29T10:51:33.277"
Dollar Appreciates for 2nd Day,Currency,"Dollar Appreciates for 2nd DayUnited States CurrencyThe dollar index strengthened for the second straight session to around 93.7 on Thursday, trading at near two-week highs, as traders rush to the safety of the greenback amid rising coronavirus infections and a potentially contested election result in the US. New Covid-19 cases continue to rise at record pace in the US and in Europe, leading France to impose a new 1-month lockdown while Germany will see a 'light' one. In the US, Joe Biden continues to lead the polls but four years ago the polls proved to be wrong and Donald Trump won the election.2020-10-29T08:19:00"
US Futures Rise Sharply,Stock Market,"US Futures Rise SharplyUnited States Stock MarketStock futures in the US climbed on Thursday after a slump in Wall Street overnight, with all three major indexes falling over 2%, amid mounting concerns over a resurgent of coronavirus globally as well as fading hopes for imminent new fiscal stimulus. Traders now await the release of US Q3 GDP, with market expected the economy has grown by an annualized 31%, the strongest expansion ever,  after posting a record of 31.4 percent slump in Q2 when the COVID-19 forced many businesses to shut.2020-10-29T07:20:00"
Dollar Holds Near 1-Week Peak,Currency,"Dollar Holds Near 1-Week PeakUnited States CurrencyThe dollar held steady near one-week highs against the other major currencies on Thursday, with the news of fresh lockdowns in Germany and France weighing heavily on the euro. Currency traders rushed to the safety of the greenback after the failure to reach agreement on a new stimulus relief and a potentially contested election result. 2020-10-29T02:06:34.543"
Dollar Posts Largest 1-Day Jump in a Month,Currency,"Dollar Posts Largest 1-Day Jump in a MonthUnited States CurrencyThe dollar posted its largest one-day percentage rise against a basket of major currencies since mid-September on Wednesday amid a general risk aversion sentiment as coronavirus infections continue to spike worldwide. The greenback appreciated to as high as 93.65 this session, pushing the euro to one-week lows on news of renewed lockdowns in Germany and France. 2020-10-28T21:30:00"
Equinix earnings at 6.48 USD,Earnings,"Equinix earnings at 6.48 USDUnited States EarningsEquinix (EQIX) released earnings per share at 6.48 USD, compared to market expectations of 6.03 USD.2020-10-28T20:50:55.477"
Gilead Sciences earnings at 2.11 USD,Earnings,"Gilead Sciences earnings at 2.11 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 2.11 USD, compared to market expectations of 1.83 USD.2020-10-28T20:50:49.503"
Amgen earnings at 4.37 USD,Earnings,"Amgen earnings at 4.37 USDUnited States EarningsAmgen (AMGN) released earnings per share at 4.37 USD, compared to market expectations of 3.75 USD.2020-10-28T20:17:58.667"
US Crude Stocks Rise More than Forecast,Crude Oil Stocks Change,"US Crude Stocks Rise More than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories rose by 4.32 million barrels in the week ended October 23rd, 2020, following a 1.001 million decrease in the previous period and compared to market expectations of a 1.23 million increase, according to the EIA Petroleum Status Report. Also, crude production rose by 1.2 million barrels per day, the largest weekly gain on record. Gasoline inventories were down by 0.892 million barrels, while markets had forecast a bigger decline of 0.961 million.2020-10-28T14:37:00"
Wall Street at 4-Week Low,Stock Market,"Wall Street at 4-Week LowUnited States Stock MarketWall Street extended losses to trade at levels not seen in 4 weeks on Wednesday, as investors worry about the economic impact of mounting coronavirus infections and get anxious ahead of the presidential election next week. The Dow Jones plunged near 900 points, extending losses for a 4th straight session while both the S&P 500 and the Nasdaq were down more than 3% each. The US reported 73,240 new cases and 985 deaths on Tuesday. Also, hospitalizations are rising and the 7-day average of new cases is at the highest levels since the pandemic began. Meanwhile, Joe Biden is leading the polls but four years ago the polls proved to be wrong and Donald Trump won the election. On the corporate front, earnings from Microsoft released after the closing bell on Tuesday easily topped estimates. Earnings for GE, Blackstone, Boeing and GSK also came better-than-expected while Mastercard disappointed. Gilead Sciences and Visa are due to report today as well.2020-10-28T14:35:00"
NASDAQ 100 Hits 4-week Low,Stock Market,NASDAQ 100 Hits 4-week LowUnited States Stock MarketNASDAQ 100 decreased to a 4-week low of 112252020-10-28T14:29:25.563
Stocks in United States Hit 4-week Low,Stock Market,Stocks in United States Hit 4-week LowUnited States Stock MarketS&P 500 decreased to a 4-week low of 33232020-10-28T13:54:17.607
"US Stocks Sink, Dow at 4-Week Low",Stock Market,"US Stocks Sink, Dow at 4-Week LowUnited States Stock MarketWall Street tumbled on Wednesday, with the Dow plunging near 600 points to levels not seen in 4 weeks and extending losses for a 4th straight session while both the S&P 500 and the Nasdaq were down near 2% each. Investors worry about the economic impact of mounting coronavirus infections and get anxious ahead of the presidential election next week. The US reported 73,240 new cases and 985 deaths on Tuesday. Also, hospitalizations are rising and the 7-day average of new cases is at the highest levels since the pandemic began. Meanwhile, Joe Biden is leading the polls but four years ago the polls proved to be wrong and Donald Trump won the election. On the corporate front, earnings from Microsoft released after the closing bell on Tuesday easily topped estimates. Earnings for GE, Blackstone, Boeing and GSK also came better-than-expected while Mastercard disappointed. Gilead Sciences and Visa are due to report today as well.2020-10-28T13:34:00"
Stocks in United States Hit 4-week Low,Stock Market,Stocks in United States Hit 4-week LowUnited States Stock MarketDow Jones decreased to a 4-week low of 268722020-10-28T13:30:03.22
US Wholesale Stocks Fall in September,Wholesale Inventories,"US Wholesale Stocks Fall in SeptemberUnited States Wholesale InventoriesWholesale inventories in the US fell 0.1 percent month-over-month in September 2020, following a downwardly revised 0.3 percent gain in August, a preliminary estimate showed. Durable goods stocks declined 0.1 percent, compared to a 0.5 percent advance in the previous period, while nondurable goods inventories were flat for the second consecutive month. Year-on-year, wholesale stocks dropped 4.5 percent.2020-10-28T12:36:00"
Mastercard earnings at 1.60 USD,Earnings,"Mastercard earnings at 1.60 USDUnited States EarningsMastercard (MA) released earnings per share at 1.60 USD, compared to market expectations of 1.66 USD.2020-10-28T12:11:16.063"
Boeing earnings at -1.39 USD,Earnings,"Boeing earnings at -1.39 USDUnited States EarningsBoeing (BA) released earnings per share at -1.39 USD, compared to market expectations of -2.52 USD.2020-10-28T11:33:03.317"
Blackstone earnings at 0.63 USD,Earnings,"Blackstone earnings at 0.63 USDUnited States EarningsBlackstone (BX) released earnings per share at 0.63 USD, compared to market expectations of 0.58 USD.2020-10-28T11:10:42.567"
Boston Scientific earnings at 0.37 USD,Earnings,"Boston Scientific earnings at 0.37 USDUnited States EarningsBoston Scientific (BSX) released earnings per share at 0.37 USD, compared to market expectations of 0.25 USD.2020-10-28T10:47:17.783"
United Parcel Service earnings at 2.28 USD,Earnings,"United Parcel Service earnings at 2.28 USDUnited States EarningsUnited Parcel Service (UPS) released earnings per share at 2.28 USD, compared to market expectations of 1.90 USD.2020-10-28T10:46:32.107"
General Electric earnings at 0.06 USD,Earnings,"General Electric earnings at 0.06 USDUnited States EarningsGeneral Electric (GE) released earnings per share at 0.06 USD, compared to market expectations of -0.04 USD.2020-10-28T10:25:53.21"
Anthem earnings at 4.20 USD,Earnings,"Anthem earnings at 4.20 USDUnited States EarningsAnthem (ANTM) released earnings per share at 4.20 USD, compared to market expectations of 4.12 USD.2020-10-28T10:10:22.737"
Dow Futures Sink for 4th Day,Stock Market,"Dow Futures Sink for 4th DayUnited States Stock MarketUS futures traded in the red on Wednesday as investors worry about the economic impact of mounting coronavirus infections. Contracts on the Dow Jones were down near 600 points, extending losses for a 4th straight session and both the S&P 500 and the Nasdaq plunged near 1.5% each. The US reported 73,240 new cases and 985 deaths on Tuesday. Also, hospitalizations are rising and the 7-day average of new cases is at the highest levels since the pandemic began. Meanwhile, investors are anxious ahead of the presidential election next week. Joe Biden is leading the polls but four years ago the polls proved to be wrong and Donald Trump won the election. On the corporate front, earnings from Microsoft released after the closing bell on Tuesday easily topped estimates. Earnings for GE, Blackstone and Boeing also came better-than-expected while Mastercard disappointed. Gilead Sciences and Visa are due to report today as well. 2020-10-28T09:22:00"
"Dollar Gains as Covid-19 Cases Rise, Election Approaches",Currency,"Dollar Gains as Covid-19 Cases Rise, Election ApproachesUnited States CurrencyThe dollar index strengthened to near 93.4 on Wednesday, the highest on a closing basis in near a week amid a fresh wave of risk aversion as coronavirus infections continue to spike worldwide. Covid-19 cases and hospitalizations continue to rise in the US, and European countries are tightening restrictions to curb the spread of the virus. Also, uncertainty about the outcome of the US presidential election next week is pressuring the dollar. Joe Biden is leading the polls but four years ago the polls proved to be wrong and Donald Trump won the election. 2020-10-28T09:06:00"
US Stock Futures Trade Lower,Stock Market,"US Stock Futures Trade LowerUnited States Stock MarketStock futures in the US point to losses at the open on Wenesday, due to Washington's inability to launch more stimulus. US President Donald Trump said Tuesday that an economic relief package would likely come after the November, 3rd election as Washington was unable to bridge differences with Republicans in the Senate as well as congressional Democrats. Market sentiment was also dented by reports that US consumer sentiment in October declining, although orders of key capital goods hit a six-year high. On the COVID-19 front,  almost a million people have contracted the virus over the last seven days as new cases and hospitalizations set records in the Midwest. The Dow Jones fell 222 points or 0.8% to 27,463. The S&P 500 lost 10 points or 0.3% to 3391. In contrast, the Nasdaq rose 72 points or 0.6% to 11,431.2020-10-28T06:15:00"
Dollar Hits 1-Week High,Currency,"Dollar Hits 1-Week HighUnited States CurrencyThe dollar appreciated to as high as 93.20 against a basket of currencies on Wednesday, a level not seen since October 20, amid a general risk aversion sentiment as coronavirus infections continue to spike worldwide. The dollar also benefited from the flight to safety triggered by rising stock market volatility ahead of the US presidential election and no further coronavirus-related fiscal stimulus in Washington before November 3. 2020-10-28T02:06:41.6"
Chubb earnings at 2.00 USD,Earnings,"Chubb earnings at 2.00 USDUnited States EarningsChubb (CB) released earnings per share at 2.00 USD, compared to market expectations of 2.16 USD.2020-10-27T20:50:33.343"
US Crude Stocks Rise for 2nd Straight Week,API Crude Oil Stock Change,"US Crude Stocks Rise for 2nd Straight WeekUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States jumped by 4.6 million barrels in the week ended October 23rd of 2020, following a 0.6 million gain in the previous week and marking the second straight weekly gain, data from the American Petroleum Institute showed.2020-10-27T20:35:00"
Microsoft earnings at 1.82 USD,Earnings,"Microsoft earnings at 1.82 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 1.82 USD, compared to market expectations of 1.54 USD.2020-10-27T20:22:22.677"
Fiserv earnings at 1.20 USD,Earnings,"Fiserv earnings at 1.20 USDUnited States EarningsFiserv (FISV) released earnings per share at 1.20 USD, compared to market expectations of 1.15 USD.2020-10-27T20:17:47.157"
US Stocks Close Mixed,Stock Market,"US Stocks Close MixedUnited States Stock MarketWall Street traded mixed on Tuesday following steep declines in the previous session, as new  coronavirus waves in the US and Europe intensified. According to data from the Covid Tracking Project, hospitalizations rose by at least 5% in 36 US states over the past seven days. On the corporate side, shares of online retailers Shopify and Amazon outperformed as investors looked ahead of further tightening of social mobility across major economies. Zoom and Microsoft also led gains. In contrast, shares of airlines declined. On the policy side, Senate Majority Leader Mitch McConnell adjourned the Senate until 9 November, further diminishing stimulus prospects. The Dow Jones declined 222 points or 0.8% to 27,463. The S&P 500 lost 10 points or 0.3% to 3391. In contrast, the Nasdaq gained 72 points or 0.6% to 11,431.
2020-10-27T20:04:00"
Sherwin-Williams earnings at 8.29 USD,Earnings,"Sherwin-Williams earnings at 8.29 USDUnited States EarningsSherwin-Williams (SHW) released earnings per share at 8.29 USD, compared to market expectations of 7.68 USD.2020-10-27T16:18:54.837"
US Fifth District Factory Index Rises to Record High in October,Richmond Fed Manufacturing Index,"US Fifth District Factory Index Rises to Record High in OctoberUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose to +29 in October of 2020 from +21 in the previous month. It was the highest reading on record, buoyed by increases in the shipments (30 vs 13 in September) and new orders (32 vs 27) indexes, while the employment index was unchanged at 23. Firms reported improving business conditions and growing backlogs of orders, overall. Manufacturers were optimistic that conditions would continue to improve in the coming months.2020-10-27T14:02:00"
Dollar Depreciates as Earnings Beat,Currency,"Dollar Depreciates as Earnings BeatUnited States CurrencyThe dollar index traded lower below 92.9 on Tuesday, after touching a one-week high of 93.1369 earlier in the session as upbeat earnings for US companies including 3M and Caterpillar improved investors' risk appetite. However, a worldwide spike in coronavirus infections, with the US, Russia and France setting daily records for virus cases and fading hopes of a new stimulus bill before the presidential election next week continued to pressure the dollar.2020-10-27T13:28:00"
US House Prices Rise at Record Pace: FHFA,FHFA House Price Index MoM,"US House Prices Rise at Record Pace: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States jumped 1.5 percent from a month earlier in August 2020, following an upwardly revised 1.1 percent rise in July. It was the largest monthly gain since comparable records began in 1991, signaling a further recovery in the housing market amid record low interest rates and higher demand from people moving away from big cities due to the coronavirus crisis. For the nine census divisions, seasonally adjusted monthly house price changes ranged from +0.9 percent in the East South Central division to +1.9 percent in the West South Central division. Year-on-year, house prices rose 8.0 percent.2020-10-27T13:08:00"
Eli Lilly earnings at 1.54 USD,Earnings,"Eli Lilly earnings at 1.54 USDUnited States EarningsEli Lilly (LLY) released earnings per share at 1.54 USD, compared to market expectations of 1.71 USD.2020-10-27T10:51:47.877"
Dollar Little Changed on Tuesday,Currency,"Dollar Little Changed on TuesdayUnited States CurrencyThe dollar index was nearly flat around 93 on Tuesday, after touching a one-week high of 93.1369 earlier in the session as investors continue to monitor a worldwide spike in coronavirus infections. The US, Russia and France set daily records for virus infections, and deaths in the US surpassed 225K. Meanwhile, hopes of a new stimulus bill before the presidential election next week faded further after White House economic adviser Larry Kudlow told differences between the two sides “have narrowed,” but “the more it narrows, the more conditions come up on the other side”.2020-10-27T10:49:00"
Merck & Co earnings at 1.74 USD,Earnings,"Merck & Co earnings at 1.74 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 1.74 USD, compared to market expectations of 1.44 USD.2020-10-27T10:48:39.717"
Pfizer earnings at 0.72 USD,Earnings,"Pfizer earnings at 0.72 USDUnited States EarningsPfizer (PFE) released earnings per share at 0.72 USD, compared to market expectations of 0.71 USD.2020-10-27T10:47:38.25"
3M earnings at 2.43 USD,Earnings,"3M earnings at 2.43 USDUnited States Earnings3M (MMM) released earnings per share at 2.43 USD, compared to market expectations of 2.26 USD.2020-10-27T10:43:20.683"
Caterpillar earnings at 1.34 USD,Earnings,"Caterpillar earnings at 1.34 USDUnited States EarningsCaterpillar (CAT) released earnings per share at 1.34 USD, compared to market expectations of 1.18 USD.2020-10-27T10:42:35.6"
Dollar Continues to Rise,Currency,"Dollar Continues to RiseUnited States CurrencyThe dollar index strengthened slightly for the second straight session to near 93.1 on Tuesday, the strongest on a closing basis in a week, as coronavirus infections continue to spike worldwide. The US, Russia and France set daily records for virus infections, and deaths in the US surpassed 225K. Meanwhile, hopes of a new stimulus bill before the presidential election next week faded further after White House economic adviser Larry Kudlow told differences between the two sides “have narrowed,” but “the more it narrows, the more conditions come up on the other side”.2020-10-27T09:24:48.7"
US Futures Point to Gains at the Open,Stock Market,"US Futures Point to Gains at the OpenUnited States Stock MarketStock futures in the US attempted to rebound on Tuesday, following a big sell-off in the previous session, with contracts on the Dow Jones trading nearly flat, while both the S&P 500 and the Nasdaq gained near 0.3%. Investors continue to digest mounting coronavirus infections while deaths surpassed 225K in the US. Meanwhile, hopes for further stimulus before the presidential election next week faded further after White House economic adviser Larry Kudlow told differences between the two sides “have narrowed,” but “the more it narrows, the more conditions come up on the other side”. On the corporate front, 3M, Advanced Micro Devices, Caterpillar, Eli Lilly, Merck & Co, Microsoft and Pfizer are expected to report today. On Monday, the Dow Jones plunged 650 points or 2.3% to 27,686. The S&P 500 plummeted 64 points or 1.9% to 3401. The Nasdaq sank 189 points or 1.6% to 11,359.2020-10-27T09:00:28.757"
US Stock Futures Trade Higher,Stock Market,"US Stock Futures Trade HigherUnited States Stock MarketStocks in the US are set to open higher on Tuesday, amid hopes for new stimulus before the November election. News that the COVID-19 vaccine being developed by AstraZeneca and the University of Oxford produced an immune response in both elderly and young people and adverse reactions were lower among the elderly also supported sentiment. On Monday,  the Dow Jones plunged 650 points or 2.3% to 27,686. The S&P 500 plummeted 64 points or 1.9% to 3401. The Nasdaq sank 189 points or 1.6% to 11,359.2020-10-27T06:12:00"
US Dollar Index Hovers Around 93,Currency,"US Dollar Index Hovers Around 93 United States CurrencyThe dollar index hovered around 93 on Tuesday amid a general risk aversion sentiment as coronavirus infections continue to spike worldwide. The United States, Russia and France set daily records for virus infections, sparking fears that renewed restrictions to tackle the second wave will hit business activity. Meanwhile, market participants await any developments on a new stimulus bill, although an agreement between the Democrats and the Republicans seems unlikely before the presidential election.2020-10-27T01:52:00"
"US Building Permits Revised Lower, Still Highest in 13-1/2 Years",Building Permits,"US Building Permits Revised Lower, Still Highest in 13-1/2 YearsUnited States Building PermitsBuilding permits in the United States rose 4.7 percent from a month earlier to a seasonally adjusted annual rate of 1.545 million in September 2020, the highest level since March 2007, revised data showed at the end of October. Single-family authorizations increased 7.2 percent to a rate of 1.113 million while permits for the volatile multi-segment fell 1.4 percent to a rate of 432 thousand. Across regions, permits went up in the South (2.1 percent to 815 thousand), the West (1.4 percent to 375 thousand), the Midwest (10.1 percent to 207 thousand) and the Northeast (23.3 percent to 148 thousand).2020-10-26T15:51:00"
Texas Manufacturing Activity at 2-Year High,Dallas Fed Manufacturing Index,"Texas Manufacturing Activity at 2-Year HighUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose 6.2 points to a two-year high of +19.8 in October of 2020, as activity continues to recover from the coronavirus shock. The production index, a key measure of state manufacturing conditions, increased 3.2 points to +25.5, indicating a slight acceleration in output growth. Other measures of manufacturing activity also point to stronger growth this month: new orders (up 5.2 points to +19.9); growth rate of orders (up 1.1 points to +14.3); capacity utilization (up 5.5 points to 23); and shipments (up 0.4 points to +21.9). Labor market measures indicated continued but slower growth in employment and work hours. The employment index remained positive but fell 5.8 points to +8.7, suggesting less-robust hiring; while the hours worked index dropped 3.2 points to +3.7.2020-10-26T14:36:00"
"US Stocks Fall Sharply on Coronavirus, Stimulus Worries",Stock Market,"US Stocks Fall Sharply on Coronavirus, Stimulus WorriesUnited States Stock MarketUS equities were sharply down on Monday, as surging coronavirus cases and a lack of progress on a US stimulus package continued to worry investors. The number of new infections continued to rise at a record pace in the US, with El Paso in Texas asking citizens to stay at home for the next two weeks. In Europe, Italy and Spain imposed tougher restrictions. Meanwhile, a new aid bill before the November election seemed unlikely as US House Speaker Nancy Pelosi said she was expecting a response to the Democrats' latest proposal for COVID-19 relief package, but did not signal any breakthrough in negotiations. On the corporate front, the earnings season continues with Apple, Facebook, Alphabet, Amazon, Boeing and Caterpillar all reporting later in the week. The Dow Jones lost around 800 points or 2.8%; the S&P 500 dropped more than 70 points or 2.2%; and the Nasdaq retreated 250 points or 2.2% in afternoon trading. 2020-10-26T13:36:00"
US Futures Decline 1%,Stock Market,"US Futures Decline 1%United States Stock MarketContracts on the Dow Jones fell nearly 300 points and the S&P 500 and the Nasdaq were down almost 1%, amid mounting concerns about rising coronavirus infections. The US reported more than 83K new cases on both Friday and Saturday, a new record high and in Europe countries are tightening restrictions. On the political front, a new aid bill before the presidential election seems unlikely as Democrats and Republicans haven't agreed yet on a fresh package and the election will happen in about a week. Democrat Joe Biden continues to lead the polls. On the corporate front, the earnings season continues with Apple, Facebook, Alphabet, Amazon, Boeing and Caterpillar all reporting later in the week. Investors will also keep an eye on the advance estimate for the GDP on Thursday. Last week, the Dow Jones lost 0.9%, the S&P fell 0.5%, and the Nasdaq sank 1.1%.2020-10-26T08:59:00"
US Dollar Index Regains Ground,Currency,"US Dollar Index Regains Ground United States CurrencyThe US dollar index regained ground near 93.00 on Monday, as currency traders rushed to the safety of the greenback amid uncertainty over a new coronavirus fiscal aid package and record-breaking coronavirus numbers.2020-10-26T01:56:00"
Dow Futures Drop Over 150 Points,Stock Market,"Dow Futures Drop Over 150 Points United States Stock MarketUS stock index futures slipped on Sunday night as investors monitored a record rise in coronavirus cases domestically. White House chief of staff Mark Meadows suggested during an interview on CNN that the country could not get control of the pandemic following a recent surge in new infections. Market participants now brace for a GDP report, while US earnings season will kick into higher gear, as several big tech-names report their quarterly results. The first look at third-quarter GDP is due on Thursday, while Apple, Facebook, Alphabet and Amazon are expected to report results later this week. Last week, the Dow lost 0.9%, the S&P declined 0.5%, and the Nasdaq dropped 1.1%. .2020-10-25T23:10:00.93"
Dollar Depreciates 1% on the Week,Currency,"Dollar Depreciates 1% on the WeekUnited States CurrencyThe dollar index ended lower around 92.8 on Friday as investors digest the latest presidential debate and stimulus talks. Joe Biden and Donald Trump had the last debate before the presidential election on Thursday and the Democrat continues to lead the polls. Meanwhile, House Speaker Nancy Pelosi signalled optimism that a stimulus bill can be approved, but she also admitted that it may take a while for legislation to be written and signed. Meanwhile, Treasury Secretary Mnuchin said “We’ve offered compromises, The speaker, on a number of issues, is still dug in. If she wants to compromise, there will be a deal"". Yet, a fresh coronavirus aid bill before the election on November 3rd seems unlikely. On the week, the dollar lost 1% loss. The dollar has been weakening since mid-May and is down near 5% on the year amid rising optimism about the global economic recovery, specially a robust rebound in China.2020-10-23T21:21:00"
US Service Activity Growth at 20-Month High,Services PMI,"US Service Activity Growth at 20-Month HighUnited States Services PMIThe IHS Markit US Services PMI rose to 56 in October 2020 from 54.6 in the previous month and beating market expectations of 54.6, a flash estimate showed. The latest reading pointed to the third consecutive expansion in the services sector and the sharpest in since February last year. Despite the rate of new orders growth easing, sales remained strong overall. At the same time, new export business increased at a softer pace, while the rate of employment growth was faster than the series average, still dropped to a three-month low. On the price front, inflationary pressures eased. Lastly, sentiment improved to the strongest since April 2018 amid hopes of an end of coronavirus restrictions.2020-10-23T13:52:00"
US Dollar Index Extends Pullback,Currency,"US Dollar Index Extends Pullback United States CurrencyUS Dollar index broke the 93 level on Friday, extending the rebound from a seven-week low hit on Wednesday as currency traders rushed to the safety of the greenback amid persistent uncertainty about the stimulus talks on coronavirus aid. House Speaker Pelosi has been expressing hope for a breakthrough in partisan stimulus negotiations, though some issues remain unresolved. 2020-10-23T01:28:00"
Intel earnings at 1.11 USD,Earnings,"Intel earnings at 1.11 USDUnited States EarningsIntel (INTC) released earnings per share at 1.11 USD, compared to market expectations of 1.11 USD.2020-10-22T20:18:19.713"
US Stocks Remain Under Pressure,Stock Market,"US Stocks Remain Under PressureUnited States Stock MarketThe Dow Jones and the S&P 500 moved slightly higher, while the Nasdaq fell into negative territory on Thursday afternoon, after House Speaker Pelosi said Democrat lawmakers and White House officials were “just about there” on a coronavirus aid package but warned that it could take “a while” for Congress to actually approve relief legislation. Investors will also keep an eye on the final debate between Donald Trump and Joe Biden, amid news that Iran and Russia are attempting to interfere with the presidential election. On the corporate front, earnings from Coca-Cola beat forecasts while those from AT&T came in line with expectations. Tesla quarterly results released late on Wednesday also topped estimates. In contrast, those for Kimberly Clark came slightly below forecasts. Intel is due to report today after markets close.2020-10-22T15:45:00"
Tenth District Manufacturing Activity Rises at Faster Pace,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Rises at Faster PaceUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index rose by 5 points to +23 in October 2020, matching August's near two-year high and suggesting an increase in manufacturing activity, mainly boosted by output at fabricated metal and machinery plants. Still, regional factory activity remained below year-ago levels for over half of firms. At the same time, shipments, new orders, employment, and employee workweek indexes rose faster than in September, but order backlog and supplier delivery time increased at a slower pace. Looking ahead, expectations for future output continued to expand.2020-10-22T15:18:08.527"
Kimberly Clark earnings at 1.72 USD,Earnings,"Kimberly Clark earnings at 1.72 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 1.72 USD, compared to market expectations of 1.76 USD.2020-10-22T11:34:40.153"
US Futures Attempt to Rebound,Stock Market,"US Futures Attempt to ReboundUnited States Stock MarketStock futures in the US were nearly flat on Thursday, attempting to recover from earlier losses amid uncertainty about a new stimulus bill. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin failed to announce a deal on Wednesday and will speak again on Thursday, raising odds an agreement before the presidential election in less than 2 weeks is unlikely. Investors will also keep an eye on the final debate between Donald Trump and Joe Biden, amid news that Iran and Russia are attempting to interfere with the presidential election. On the corporate front, earnings from Coca-Cola beat forecasts while those from AT&T came in line with expectations. Tesla quarterly results released late on Wednesday also topped estimates. In contrast, those for Kimberly Clark came slightly below forecasts. Intel is due to report today as well.2020-10-22T11:07:00"
Coca-Cola earnings at 0.55 USD,Earnings,"Coca-Cola earnings at 0.55 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.55 USD, compared to market expectations of 0.46 USD.2020-10-22T10:58:11.173"
AT&T earnings at 0.76 USD,Earnings,"AT&T earnings at 0.76 USDUnited States EarningsAT&T (T) released earnings per share at 0.76 USD, compared to market expectations of 0.76 USD.2020-10-22T10:19:52.697"
US Dollar Remains Under Pressure,Currency,"US Dollar Remains Under Pressure United States CurrencyThe US dollar steadied against a basket of currencies at 92.734 on Thursday, but still hovering not far off a seven-week low touched in the previous session as a wave of optimism surrounding more stimulus in the US drove investors into riskier currencies. However, fiscal aid to help nurse the economy through the coronavirus pandemic seems unlikely to be adopted before Election Day. The greenback was also pressured by the British pound, which jumped to a six-week high after the BoE dismisses negative interest rates. 2020-10-22T01:52:00"
US Stock Futures Drop,Stock Market,"US Stock Futures DropUnited States Stock MarketWall Street's main indexes looked set to start Thursday in the red, as hopes for pre-election stimulus deal have been fading, despite Pelosi said she's optimistic for a breakthrough in partisan negotiations. Sentiment took a further hit overnight amid reports that Iran and Russia are attempting to interfere in the 2020 US election. On Wednesday, the Dow Jones lost 99 points or 0.4% to 28,210. The S&P 500 retreated 8 points or 0.2% to 3436. The Nasdaq declined 32 points or 0.3% to 11,485.2020-10-22T01:19:22.927"
Tesla earnings at 0.76 USD,Earnings,"Tesla earnings at 0.76 USDUnited States EarningsTesla (TSLA) released earnings per share at 0.76 USD, compared to market expectations of 0.57 USD.2020-10-21T20:12:14.663"
Dollar Hits 7-Week Low,Currency,"Dollar Hits 7-Week Low United States CurrencyThe dollar depreciated to as low as 92.47 against a basket of currencies on Wednesday, a level not seen since September 2, as a wave of optimism surrounding more fiscal stimulus in the US drove investors into riskier currencies, such as the New Zealand and Australian dollars. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin have been expressing hope for a breakthrough in partisan stimulus negotiations. At the same time, the British pound jumped to its highest level in more than a month after the BoE dismisses negative interest rates, which has put additional pressure on USD/GBP. 2020-10-21T17:25:35.097"
US Stocks Cut Gains as Stimulus Talks Continue,Stock Market,"US Stocks Cut Gains as Stimulus Talks ContinueUnited States Stock MarketWall Street's main indexes erased early gains to trade near the flat line on Wednesday, as investors await any new developments on a new US fiscal stimulus package. House Speaker Pelosi and Treasury Secretary Mnuchin are due to speak again today following the expiration of the 48-hour deadline set by Democrats. Pelosi said she is hopeful that a comprehensive stimulus agreement might be reached later this week. Also, Fed's Brainard called for more fiscal support amid ‘uneven’ recovery. Meanwhile, rising coronavirus infections remain in the spotlight, with the US reporting more than 60K new cases on Tuesday. On the corporate front, earnings from Abbott and Verizon beat forecasts while results for Netflix released after the closing bell on Tuesday missed forecasts. Tesla is also due to report today after markets close. The Dow Jones fell 50 points, or 0.2% around 11:30am NY time; while both the S&P 500 and the Nasdaq hovered around 3,445 and 11,685, respectively.2020-10-21T15:25:00"
US Crude Inventories Drop for 2nd Week,Crude Oil Stocks Change,"US Crude Inventories Drop for 2nd WeekUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 1.001 million barrels in the week ended October 16th, 2020, following a 3.818 million decrease in the previous period and compared to market expectations of a 1.021 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 1.895 million barrels, while markets had forecast a 1.829 million decline.2020-10-21T14:34:04.603"
Abbott earnings at 0.98 USD,Earnings,"Abbott earnings at 0.98 USDUnited States EarningsAbbott (ABT) released earnings per share at 0.98 USD, compared to market expectations of 0.91 USD.2020-10-21T11:44:59.64"
Biogen earnings at 8.84 USD,Earnings,"Biogen earnings at 8.84 USDUnited States EarningsBiogen (BIIB) released earnings per share at 8.84 USD, compared to market expectations of 8.04 USD.2020-10-21T11:38:41.847"
Verizon earnings at 1.25 USD,Earnings,"Verizon earnings at 1.25 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.25 USD, compared to market expectations of 1.22 USD.2020-10-21T11:34:30.517"
Thermo Fisher Scientific earnings at 5.63 USD,Earnings,"Thermo Fisher Scientific earnings at 5.63 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 5.63 USD, compared to market expectations of 4.33 USD.2020-10-21T10:40:45.31"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketUS futures were shifting between small gains and losses on Wednesday as investors weigh further stimulus talks and rising coronavirus cases. House Speaker Pelosi and Treasury Secretary Mnuchin are due to speak again today in spite of the expiration of the 48-hour deadline set by Democrats. Pelosi said she’s hopeful for a stimulus agreement before the weekend, which would be bigger, better and retroactive. Meanwhile, rising coronavirus infections remain in the spotlight, with the US reporting more than 60K new cases on Tuesday. Also, the news showed that AstraZeneca could resume its coronavirus vaccine trial as early as this week and Moderna could see emergency approval for its virus vaccine candidate in December. On the corporate front, Abbott, Tesla and Verizon are due to report quarterly results while earnings from Netflix released after the closing bell on Tuesday missed forecasts.2020-10-21T08:40:00"
US Futures Trade in the Green,Stock Market,"US Futures Trade in the GreenUnited States Stock MarketUS futures were higher on Wednesday, with contracts on the Dow Jones rising near 50 points, the S&P 500 near 10 and the Nasdaq around 10 amid optimism over further stimulus. House Speaker Pelosi said she’s hopeful for a stimulus agreement before the weekend, which would be bigger, better and retroactive. Comments came as the 48-hour deadline Pelosi set to have a deal with the administration expired. Pelosi and Mnuchin are due to speak again later on the day. On the corporate front, Abbott, Tesla and Verizon are due to report quarterly results while earnings from Netflix released after the closing bell on Tuesday missed forecasts. Meanwhile, news that AstraZeneca will resume its coronavirus vaccine trial as early as this week and Moderna could see emergency approval for its virus vaccine candidate in December also lifted investors' mood. 2020-10-21T06:22:00"
Dollar Hovers Near 1-Month Low,Currency,"Dollar Hovers Near 1-Month Low United States CurrencyThe dollar has come under increasing pressure this week, weakening below the 93 region for the first time in a month as investors grew optimistic that lawmakers can still reach a deal on another relief bill before the 2020 election. Chief of Staff Mark Meadows said that House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin made progress in negotiations Tuesday.2020-10-21T02:01:07.277"
US 10Y Bond Yield Hits 19-week High,Government Bond 10Y,US 10Y Bond Yield Hits 19-week Highunited states Government Bond 10YThe yield on the benchmark 10-year Treasury note surged to a 19-week high of 0.8041% on Wednesday as optimism grew that lawmakers may agree on new stimulus for the US economy. Chief of Staff Mark Meadows said that House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin made progress in negotiations. 2020-10-21T00:31:00
API: US Crude Oil Inventories Unexpectedly Rise,API Crude Oil Stock Change,"API: US Crude Oil Inventories Unexpectedly RiseUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 0.6 million barrels in the week ended October 16th, 2020, after a 5.4 million draw in the previous week and compared with market expectations of a 0.2 million drop, data from the American Petroleum Institute showed.2020-10-20T20:34:00"
Netflix earnings at 1.74 USD,Earnings,"Netflix earnings at 1.74 USDUnited States EarningsNetflix (NFLX) released earnings per share at 1.74 USD, compared to market expectations of 2.14 USD.2020-10-20T20:10:35.567"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyDXY decreased to a 4-week low of 93.0052020-10-20T14:40:31.77
US Building Permits Rise to Over 13-Year High,Building Permits,"US Building Permits Rise to Over 13-Year HighUnited States Building PermitsBuilding permits in the United States rose 5.2 percent from a month earlier to a seasonally adjusted annual rate of 1.553 million in September of 2020, the highest level since March 2007 and above market expectations of 1.52 million. Single-family authorizations increased 7.8 percent to a rate of 1,119 thousand while permits for the volatile multi-segment fell 0.9 percent to a rate of 434 thousand. Across regions, permits went up in the South (2 percent to 814 thousand), the West (3.2 percent to 382 thousand), the Midwest (9.6 percent to 206 thousand) and the Northeast (25.8 percent to 151 thousand).2020-10-20T12:32:00"
Lockheed Martin earnings at 6.25 USD,Earnings,"Lockheed Martin earnings at 6.25 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 6.25 USD, compared to market expectations of 6.09 USD.2020-10-20T12:11:52.107"
Procter & Gamble earnings at 1.63 USD,Earnings,"Procter & Gamble earnings at 1.63 USDUnited States EarningsProcter & Gamble (PG) released earnings per share at 1.63 USD, compared to market expectations of 1.42 USD.2020-10-20T11:03:28.667"
Philip Morris International earnings at 1.42 USD,Earnings,"Philip Morris International earnings at 1.42 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.42 USD, compared to market expectations of 1.36 USD.2020-10-20T11:02:33.477"
Dollar Near 1-Week Low,Currency,"Dollar Near 1-Week LowUnited States CurrencyThe dollar index was little changed at 93.4 on Tuesday, remaining close 1-week low of 93.427 reached on Monday, as investors await developments on the new stimulus bill as the 48-hour deadline set by Democrats expires today. House Speaker Nancy Pelosi said on Monday that the differences continued to narrow and more talks are scheduled today.  2020-10-20T07:17:00"
US Dollar Remains Under Pressure,Currency,"US Dollar Remains Under Pressure United States CurrencyThe dollar has come under increasing pressure this week, testing the area of one-week lows in the 93 region as investors remained optimistic that lawmakers can still reach a deal on another relief bill this week. House Speaker Nancy Pelosi expressed hope for a breakthrough in partisan stimulus negotiations ahead of a Tuesday deadline she set to reach an agreement before the 2020 election. 2020-10-20T01:24:35.937"
US Stock Futures Rise,Stock Market,"US Stock Futures Rise United States Stock MarketUS stock index futures rose late Monday after House Speaker Nancy Pelosi expressed hope for a breakthrough in partisan stimulus negotiations ahead of a Tuesday deadline she set to reach an agreement before the 2020 election. However, even if Pelosi and Treasury Secretary Steven Mnuchin can forge a deal, top Republicans are likely to doom it in the Senate. At the same time, rising coronavirus cases in some US states added to concerns that the economic recovery from the pandemic might be slower than previously expected. On Monday, the Dow Jones fell 411 points or 1.4% to 28,195. The S&P 500 lost 57 points or 1.6% to 3427. The Nasdaq retreated 193 points or 1.7% to 11,479. 2020-10-20T01:07:00"
US Stocks Start the Week in the Green,Stock Market,"US Stocks Start the Week in the GreenUnited States Stock MarketWall Street traded in the green on Monday, extending gains from the last week after House Speaker Nancy Pelosi set a Tuesday deadline for the White House to agree on further fiscal stimulus and said she was optimistic about negotiations after speaking with Treasury Secretary Steven Mnuchin during the weekend. The Dow Jones was up near 100 points, the S&P 500 near 20 and the Nasdaq near 60. Meanwhile, the earnings season continues with IBM expected to report after the closing bell. On the other hand, coronavirus continues to be in the spotlight as infections in Europe spread and countries adopt more restrictions while the US had a fifth consecutive day of infections over 50,000.2020-10-19T13:33:00"
Dollar Little Changed on Stimulus Talks,Currency,"Dollar Little Changed on Stimulus TalksUnited States CurrencyThe dollar index traded nearly flat around 93.7 on Monday as investors await more developments on a new stimulus plan in the US. House Speaker Nancy Pelosi set a Tuesday deadline for the White House to agree on further fiscal stimulus and said she was optimistic about negotiations after speaking with Treasury Secretary Steven Mnuchin during the weekend. Meanwhile, trade-exposed currencies such as the yuan and the Australian dollar appreciated after growth figures for China showed the economy continues to robustly recover from the pandemic. On the other hand, rising coronavirus cases in Europe and lack of progress on Brexit talks continue to push the dollar up. 2020-10-19T07:16:00"
US Futures Start the Week in the Green,Stock Market,"US Futures Start the Week in the GreenUnited States Stock MarketUS futures traded in the green on Monday after House Speaker Nancy Pelosi set a Tuesday deadline for the White House to agree on further fiscal stimulus and said she was optimistic about negotiations after speaking with Treasury Secretary Steven Mnuchin during the weekend. Meanwhile, the earnings season continues with IBM expected to report after the closing bell. Investors also await Fed Powell speech at the IMF Annual Meeting early in the morning although more clues about the Fed's monetary policy are unlikely to be revealed. On the other hand, coronavirus continues to be in the spotlight as infections in Europe spread and countries adopt more restrictions while the US had a fifth consecutive day of infections over 50,000. Contracts on the Dow Jones were up more than 150 points, the S&P 500 more than 20 and the Nasdaq near 100. Last week, the Dow gained 0.1% and the S&P 0.2%, notching their third straight weekly gain. The Nasdaq added 0.8%, posting a four-week winning streak.2020-10-19T05:53:00"
Dollar Retreats on US Stimulus Hopes,Currency,Dollar Retreats on US Stimulus Hopes United States CurrencyThe dollar came under renewed selling pressure on Monday as risk sentiment returned to market amid prospects of more policy support from Washington. House Speaker Nancy Pelosi set a Tuesday deadline for the White House to agree on further fiscal stimulus and said she was optimistic about negotiations after speaking with Treasury Secretary Steven Mnuchin during the weekend. 2020-10-19T01:10:00
US Stock Futures Rise,Stock Market,"US Stock Futures Rise United States Stock MarketUS stock index futures gained late Sunday as investors bet on more fiscal stimulus to drive a post-pandemic economic revival, even as coronavirus infections continued to rise in many US states. House Speaker Nancy Pelosi set a Tuesday deadline for the White House to agree on further fiscal stimulus and said she was optimistic about negotiations after speaking with Treasury Secretary Steven Mnuchin during the weekend. Investors await another batch of earnings reports, with IBM, Netflix and Tesla set to release results this week. Last week, the Dow gained 0.1% and the S&P 0.2%, notching their third straight weekly gain. The Nasdaq added 0.8%, posting a four-week winning streak.2020-10-18T22:32:00"
US Treasury International Capital Flows Turn Positive,Capital Flows,"US Treasury International Capital Flows Turn PositiveUnited States Capital FlowsOverseas investors bought USD 86.3 billion of US assets, including short-dated instruments, in August 2020 after selling an upwardly revised USD 89.5 billion in the previous month. Meanwhile, foreigners sold USD 33.1 billion of long-term US securities, including government and corporate after dumping USD 22.8 billion in July. Overseas investors bought USD 27.8 billion of Treasuries in August after purchasing an upwardly-revised USD 11.3 billion in the previous month.2020-10-16T20:08:00"
US Business Inventories Rise Less than Forecast,Business Inventories,"US Business Inventories Rise Less than ForecastUnited States Business InventoriesManufacturers’ and trade inventories in the US rose by 0.3 percent from a month earlier in August 2020, following a 0.1 percent advance in July and slightly missing market expectations of a 0.4 percent growth. Stocks increased at retailers (0.4 percent vs 1.2 percent in July) and at merchant wholesalers (0.4 percent vs -0.2 percent). Inventories at manufacturers were unchanged, after a 0.6 percent decline in the previous month.2020-10-16T14:06:00"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketFutures on the 3 US main stock indexes were nearly flat on Friday as investors remain cautious and take a wait-and-see approach after a volatile week. US lawmakers continue to send mixed signals about a new stimulus deal, with House Speaker Pelosi saying a new relief bill won’t wait until January while President Trump said he’d go higher than a $1.8 trillion in stimulus but Senate Majority Leader Mitch McConnell rejected it. On the earnings front, Bank Of New York Mellon, NVR and VF are due to report today. On the macro front, retail sales and industrial production due before the opening bell will also in the spotlight. So far this week, the Dow Jones lost 0.3%, the S&P 500 gained 0.2% and the Nasdaq added 1.2%. On Thursday, the Dow Jones retreated 20 points or 0.1% to 28,494. The S&P 500 lost 5 points or 0.2% to 3483. The Nasdaq dropped 55 points or 0.5% to 11,714. 2020-10-16T07:18:00"
Dollar Index Near 2-Week High,Currency,"Dollar Index Near 2-Week High United States CurrencyThe dollar index is on track for strong weekly gains, hovering around 93.8, reining as the preferred safe-haven currency on doubts over an additional round of US fiscal stimulus and disappointing economic data. Initial jobless claims in the US were the highest in near two months, casting a shadow on economic recovery. At the same time, rising coronavirus cases in Europe and Brexit uncertainty spooked investors away from the euro and sterling. 2020-10-15T18:50:00"
Wall Street Pares Losses,Stock Market,"Wall Street Pares Losses United States Stock MarketUS stocks pared some losses in afternoon trading on Thursday but remained in negative territory as doubts over an additional round of US fiscal stimulus and disappointing jobless claims report rattled sentiment. Investors continued to dump some tech-related shares, putting the tech-heavy Nasdaq Composite on track to close down more than 1% 2020-10-15T17:47:25.113"
US Crude Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeUS crude oil inventories dropped by 3.818 million barrels in the week ended October 9th, 2020, following a 0.501 million increase in the previous period and compared to market expectations of a 2.835 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 1.626 million barrels, while markets had forecast a smaller 1.607 million decline.2020-10-15T15:03:00"
Philadelphia Fed Manufacturing Index Highest since February,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Highest since FebruaryUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US jumped to 32.3 in October of 2020 from 15 in September, beating market forecasts of 14 and pointing to the strongest increase in manufacturing in Philadelphia since February, before the coronavirus crisis. The survey’s current indicators for general activity, new orders, and shipments all showed notable improvement. Most future indexes increased and continue to reflect optimism among firms about growth over the next six months.2020-10-15T12:42:00"
US Import Prices Rise for 5th Month,Import Prices MoM,"US Import Prices Rise for 5th MonthUnited States Import Prices MoMImport prices in the US went up 0.3 percent month-over-month in September 2020, following an upwardly revised 1 percent rise in August, the fifth consecutive monthly gain and in line with market expectations. Nonfuel imports advanced 0.6 percent (vs 0.7 percent in August) driven by higher prices for nonfuel industrial supplies and materials. Rising prices for foods, feeds, and beverages; automotive vehicles; consumer goods; and capital goods also contributed to the advance. On the other hand, import fuel cost fell 2.9 percent (vs 3.9 percent in August), the first monthly drop since April led by lower petroleum prices, which more than offset rising natural gas prices. Year-on-year, import prices declined 1.1 percent, easing further from a 1.4 percent fall in the previous month.2020-10-15T12:37:00"
US Export Prices Rise More than Expected in September,Export Prices MoM,"US Export Prices Rise More than Expected in SeptemberUnited States Export Prices MoMExport prices in the US rose 0.6 percent from a month earlier in September of 2020, following a 0.5 percent increase in August and above market expectations of a 0.4 percent gain. It was the fourth straight monthly rise in export prices, driven by higher cost of both agricultural and nonagricultural exports. Cost of agricultural export increased 2.7 percent, the most since December 2018, rebounding from a 2.3 percent fall in the prior month as higher prices for soybeans, corn, fruit, cotton, wheat, nuts, and meat more than offset lower prices for dairy products and eggs. Also, nonagricultural exports went up 0.3 percent, after rising 0.8 percent in August, led by nonagricultural industrial supplies and materials; consumer goods; capital goods; and nonagricultural foods. Year-on-year, export prices dropped by 1.8 percent.2020-10-15T12:33:00"
Walgreens Boots Alliance earnings at 1.02 USD,Earnings,"Walgreens Boots Alliance earnings at 1.02 USDUnited States EarningsWalgreens Boots Alliance (WBA) released earnings per share at 1.02 USD, compared to market expectations of 0.96 USD.2020-10-15T11:39:42.12"
Morgan Stanley earnings at 1.66 USD,Earnings,"Morgan Stanley earnings at 1.66 USDUnited States EarningsMorgan Stanley (MS) released earnings per share at 1.66 USD, compared to market expectations of 1.28 USD.2020-10-15T11:38:47.333"
US Stock Futures Drop,Stock Market,"US Stock Futures Drop United States Stock MarketUS stock futures were lower on Wednesday night as doubts over an additional round of US fiscal stimulus and worries about a new wave of lockdowns around the world curbed investors’ appetite for riskier assets. Sentiment also took a hit on news that Johnson & Johnson and Eli Lilly were halting its trials of an experimental Covid-19 vaccine and treatment, respectively, due to safety concerns. On Wednesday, the Dow Jones dropped 166 points or 0.6% to 28,514. The S&P 500 declined 23 points or 0.7% to 3489. The Nasdaq fell 95 points or 0.8% to 11,769.2020-10-15T02:03:50.883"
Dollar Gains on Safe-Haven Bids,Currency,"Dollar Gains on Safe-Haven BidsUnited States CurrencyThe dollar firmed against major currencies on Thursday, as investors took shelter in the US currency on doubts over an additional round of fiscal stimulus and delays in the development of a coronavirus vaccine. Treasury Secretary Mnuchin noted that getting a deal approved before the election would be unlikely, adding that both sides were still far apart on some issues.2020-10-15T01:49:20.16"
Dollar Reverses Trend,Currency,"Dollar Reverses TrendUnited States CurrencyThe dollar index reversed earlier gains to trade lower around 93.3 on Wednesday, as investors welcomed better-than-expected earnings from big US banks including Goldman Sachs and JP Morgan. Traders also digest a stalemate in US stimulus negotiations after Nancy Pelosi said the White House $1.8 trillion package proposal 'falls significantly short' of expectations. However, Joe Biden is seen beating President Trump in the November 3rd presidential election, raising hopes of a large stimulus plan. Still, mounting coronavirus infections and further restrictions in Europe, Brexit worries, and an attempt from the PBoC to depreciate the yuan are pressuring the dollar up.2020-10-14T13:00:00"
Dollar Extends Gains for 3rd Session,Currency,"Dollar Extends Gains for 3rd SessionUnited States CurrencyThe dollar index traded flat to higher around 93.6 on Wednesday, the highest on a closing basis in a week and extending a 0.5% gain from the previous session. Investors continue to monitor the earnings season which has just started and digest a stalemate in US stimulus negotiations after Nancy Pelosi said the White House $1.8 trillion package proposal 'falls significantly short' of expectations. Still, Joe Biden is seen beating President Trump in the November 3rd presidential election, raising hopes of a large stimulus plan. Mounting coronavirus infections and further restrictions in Europe, Brexit worries, and an attempt from the PBoC to depreciate the yuan are also pressuring the dollar up. 2020-10-14T07:48:00"
US Futures Rebound,Stock Market,"US Futures ReboundUnited States Stock MarketUS futures were higher on Wednesday, attempting to rebound from the previous session losses as the earnings season continues with Bank of America, Goldman Sachs, Wells Fargo and UnitedHealt due to report today. Investors also monitor any developments on the new stimulus bill after Nancy Pelosi said the White House $1.8 trillion package proposal 'falls significantly short' of expectations. Meanwhile, another trial for a coronavirus treatment halted: Eli Lilly’s antibody treatment trial has been put on hold on safety concerns. Contracts on the Dow Jones were up near 100 points, the S&P 500 more than 15 and the Nasdaq near 60 points. On Tuesday, the Dow Jones lost 158 points or 0.6% to 28,680. The S&P 500 declined 22 points or 0.6% to 3512. The Nasdaq dropped 12 points or 0.1% to 11,864. .2020-10-14T07:15:00"
Dollar Moves Away from 3-Week Low,Currency,"Dollar Moves Away from 3-Week Low United States CurrencyThe dollar index strengthened to near 93.5 on Tuesday, moving away from 3-week lows in the previous session, as the earnings season in the US kicked-off and investors await any progress on a new stimulus bill. The Trump administration called on Congress to pass a simpler bill using leftover funds from an expired small-business loan program, after the near $1.9 trillion proposal hit resistance from both Democrats and Republicans over the weekend. Also, Joe Biden is seen beating President Trump in the November 3rd presidential election, raising hopes of a large stimulus plan. Meanwhile, the IMF sees the US economy shrinking 4.3% in 2020, much less than an initial estimate of an 8% back in June. 2020-10-13T14:38:00"
US Economic Optimism Index Rebounds,Economic Optimism Index,"US Economic Optimism Index ReboundsUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the US jumped to 55.2 in October of 2020 from 45 in September, reaching the highest since February and close to pre-pandemic levels. The personal finances subindex jumped 7.2 points to 58.9, strongly optimistic. The federal policies subindex surged 10.9 points to 52.6, the biggest jump since the aftermath of the September 11 attack. Meanwhile, the six-month outlook for the US economy soared 12.6 points to 54.1, remaining moderately optimistic. The monthly gain was the biggest since November of 2008.2020-10-13T14:11:39.523"
Dollar Strengthens as Risk Appetite Diminishes,Currency,"Dollar Strengthens as Risk Appetite DiminishesUnited States CurrencyThe dollar index bounced back from 3-week lows to trade around 93.5, amid a general pause in risk appetite as investors await the US earnings season to start and digest a pause in Johnson & Johnson’s Covid-19 vaccine study due to an unexplained illness in a study participant. Traders continue to follow any developments on the new stimulus bill. The Trump administration called on Congress to pass a simpler bill using leftover funds from an expired small-business loan program, after the near $1.9 trillion proposal hit resistance from both Democrats and Republicans over the weekend. 2020-10-13T07:56:00"
US Futures Reverse Gains,Stock Market,"US Futures Reverse GainsUnited States Stock MarketUS futures were nearly flat on Tuesday, pausing after a 4-day rally, as investors brace for the start of the earnings season and expect a rebound in corporate results. BlackRock, Citigroup, Johnson & Johnson, JPMorgan Chase and Delta Airlines are due to report today. Apple will also launch the first ever 5G iPhone and Amazon’s Prime Day also starts on Tuesday. Meanwhile, traders digest a pause in Johnson & Johnson’s Covid-19 vaccine study due to an unexplained illness in a study participant, and await further developments on the new stimulus bill. On Monday, the Dow Jones added 251 points or 0.9% to 28,838. The S&P 500 climbed 57 points or 1.6% to 3534. The Nasdaq jumped 296 points or 2.6% to 11,876.2020-10-13T07:19:00"
US Stocks Rally Extends for 4th Session,Stock Market,"US Stocks Rally Extends for 4th SessionUnited States Stock MarketWall Street traded higher on Monday, extending gains for the 4th straight session, with the Dow Jones up more than 300 points, the S&P 500 rising more than 2% and the Nasdaq more than 3% as investors continue to monitor developments on a new coronavirus aid bill and focus on the earnings season. The Trump administration called on Congress to pass a simpler bill using leftover funds from an expired small-business loan program, after the near $1.9 trillion proposal hit resistance from both Democrats and Republicans over the weekend. Meanwhile, the earnings season will kick-off this week, and traders expect the results to show a rebound in corporate performance. Bank of America, Wells Fargo and Goldman Sachs are due to report on Wednesday. Last week, the Dow Jones jumped 3.3% and posted its biggest one-week gain since August. The S&P 500 and Nasdaq added 3.8% and 4.6%, respectively, booking the biggest weekly gain since July.2020-10-12T13:35:00"
Dollar Little Changed as Investors Await Coronavirus Bill,Currency,"Dollar Little Changed as Investors Await Coronavirus BillUnited States CurrencyThe dollar index traded nearly flat around 93 on Tuesday, close to levels not seen since September 20th as investors await further developments on a new coronavirus aid bill. The Trump administration called on Congress to pass a simpler bill using leftover funds from an expired small-business loan program, after the near $1.9 trillion proposal hit resistance from both Democrats and Republicans over the weekend. The dollar index booked a second straight weekly loss of 0.9% in the latest week.2020-10-12T07:48:00"
US Futures Gain for 4th Session,Stock Market,"US Futures Gain for 4th SessionUnited States Stock MarketStock futures in the US were higher on Monday, extending gains for the 4th straight session, with contracts on the Dow Jones up near 120 points, and the S&P and the Nasdaq rising more than 1% as investors continue to monitor developments on a new coronavirus aid bill. The Trump administration called on Congress to pass a simpler bill using leftover funds from an expired small-business loan program, after the near $1.9 trillion proposal hit resistance from both Democrats and Republicans over the weekend. Meanwhile, the earnings season will kick-off this week, with Bank of America, Wells Fargo and Goldman Sachs due to report on Wednesday. Last week, the Dow Jones jumped 3.3% and posted its biggest one-week gain since August. The S&P 500 and Nasdaq added 3.8% and 4.6%, respectively, booking the biggest weekly gain since July.2020-10-12T07:10:00"
Dollar Hovers Near 3-Week Lows,Currency,"Dollar Hovers Near 3-Week LowsUnited States CurrencyThe US dollar hovered near its lowest against a basket of currencies in nearly three weeks on Monday as risk sentiment returned to market amid renewed hopes for another fiscal stimulus. Negotiations were expected to continue on a fourth coronavirus stimulus package, even though US House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin failed to reach an agreement last week.2020-10-11T22:56:11.303"
US Stock Rally Continues,Stock Market,"US Stock Rally ContinuesUnited States Stock MarketWall Street's rally extended for a third straight session on Friday, as jitters between the White House and Democrats on a new relief package continued. The Trump administration presented a $1.8 trillion coronavirus plan, an increase from the $1.6 trillion it had previously proposed. House Democrats passed a $2.2 trillion bill earlier this month, but both sides struggled to find a consensus and President canceled the negotiations. On the week, the Dow is up 2.7% and is on track for its best week in 8. The S&P 500 gained 2.9% so far and the Nasdaq added more than 3%, both poised for the best week since the end of August.2020-10-09T16:38:00"
US Wholesale Inventories Revised Lower,Wholesale Inventories,"US Wholesale Inventories Revised LowerUnited States Wholesale InventoriesWholesale inventories in the US rose 0.4 percent month-over-month in August 2020, below a 0.5 percent gain in preliminary estimate. Still, it is the first rise in four months and the strongest since April of 2019. Inventories rebounded for durable goods (0.6 percent vs -0.7 percent in July), with autos rising 4.3 percent, but stalled for nondurables (following a 0.7 percent rise in July). Year-on-year, wholesale inventories fell 5.2 percent.2020-10-09T14:09:00"
NASDAQ 100 Hits 5-week High,Stock Market,NASDAQ 100 Hits 5-week HighUnited States Stock MarketNASDAQ 100 increased to a 5-week high of 116422020-10-09T13:35:04.767
"US Stocks Extend Rally, on Track for Big Weekly Gains",Stock Market,"US Stocks Extend Rally, on Track for Big Weekly GainsUnited States Stock MarketWall Street's rally continued for a third straight session on Friday, amid renewed hopes of further stimulus after House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke over the phone on Thursday, with Mnuchin saying President Trump is interested in getting an agreement on a comprehensive aid package. The latest developments occurred two days after the President announced via Twitter that negotiations with Democrat lawmakers had been canceled. On the election front, Joe Biden continues to lead polls. On the week, the Dow is up 2.7% and is on track for its best week in 8. The S&P 500 gained 2.9% so far and the Nasdaq added more than 3%, both poised for the best week since the end of August.2020-10-09T13:34:00"
US Futures Rise for a 3rd Day,Stock Market,"US Futures Rise for a 3rd Day United States Stock MarketStock futures in the US traded higher on Friday, extending the rally for the third straight session, amid renewed hopes of further stimulus. Contracts on the Dow Jones rose more than 150 points, the S&P 500 near 20 and the Nasdaq near 50. The House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke on the phone on Thursday, with Mnuchin saying the President Trump is interested in getting an agreement on a comprehensive aid package. On the political front, Joe Biden continues to lead polls. On the week, the Dow is up 2.7% and the S&P 500 2.9%. The Nasdaq is up more than 3% and is on track for a three-week winning streak. On Thursday, the Dow Jones Industrial Average rose 122 points, or 0.43%, to 28,426, the S&P 500 gained 27 points, or 0.8%, to 3,447 and the Nasdaq Composite added 56 points, or 0.5%, to 11,421.2020-10-09T08:34:00"
US Futures Rise Sharply,Stock Market,"US Futures Rise SharplyUnited States Stock MarketStock futures in the US traded sharply higher on Friday afternoon in Asia on hopes for targeted US stimulus and upbeat Chinese economic data. President Donald Trump Thursday said talks with Congress had restarted after calling off talks earlier this week. Meantime, services growth in China accelerated in September, reflecting ongoing economic recovery and the effective control of the COVID-19 pandemic. Market participants also increasingly expecting the Democrats to take back the White House, and possibly the Senate as well, in the November elections, Reuters quoting analysts reported. On Thursday, the Dow Jones Industrial Average rose 122 points, or 0.43%, to 28,426, the S&P 500 gained 27 points, or 0.8%, to 3,447 and the Nasdaq Composite added 56 points, or 0.5%, to 11,421.2020-10-09T05:48:00"
US Dollar Index Eases,Currency,"US Dollar Index EasesUnited States CurrencyThe US Dollar Index fell 0.26% to 93.60 in overnight trading on Thursday, as fiscal stimulus discussion in the US continued. US President Trump said some discussions were ongoing with Democrats about boosting support for US airlines and providing Americans with $1,200 stimulus checks, while House Speaker Nancy Pelosi said there would not be a standalone deal for airlines without a larger aid package. Meantime, the number of Americans filing for unemployment benefits rose by 840K in the week ended October 3rd posting the sixth consecutive week with claims stuck at the 800 thousand level. Despite the persistently high level of jobless claims, chief economist on the National Economic Council Joseph LaVorgna noted that “the economy is entering into a boom and growth looks great.”2020-10-08T23:17:23.86"
US Futures Close Higher,Stock Market,"US Futures Close HigherUnited States Stock MarketUS Futures closed higher in Thursday’s session as market participants continue to monitor stimulus negotiations. US President Trump said some discussions were ongoing with Democrats about boosting support for US airlines and providing Americans with $1,200 stimulus checks, while House Speaker Nancy Pelosi said there would not be a standalone deal for airlines without a larger aid package. On the data front, The number of Americans filing for unemployment benefits rose by 840K in the week ended October 3rd, compared to an upwardly revised 849K in the previous period, posting the sixth consecutive week with claims stuck at the 800 thousand level and pointing to a slowdown in the labor market recovery. The Dow ended Thursday’s session at its highest level since early September, rising more than 100 points. The Nasdaq Composite gained 0.5% and the S&P 500 outperformed with a 0.8% advance.
.2020-10-08T23:08:05.547"
US Futures Point to Gains at the Open,Stock Market,"US Futures Point to Gains at the OpenUnited States Stock MarketStock futures in the US extended gains on Thursday after all the 3 main stock indexes closed at their highest level in 4 weeks yesterday, on hopes for new stimulus. Earlier in the week, President Donald Trump called for Congress to pass a new coronavirus aid bill to support airlines and companies and fund the Paycheck Protection Program, hours after abruptly halting stimulus talks. Meanwhile, recent polls showed Joe Biden is widening his lead against President Trump. Investors will also keep an eye on the claims report to be released earlier in the day although figures are expected to confirm a slow labour market recovery. Contracts on the Dow Jones futures were up near 180 points, the S&P 500 gained near 20 and the Nasdaq near 70. On Wednesday, the Dow Jones gained 531 points or 1.9% to 28,303. The S&P jumped 59 points or 1.7% to 3419. The Nasdaq climbed 210 points or 1.9% to 11,365.2020-10-08T07:48:00"
Dollar Weakens Slightly,Currency,"Dollar Weakens Slightly United States CurrencyThe dollar index traded slightly lower around 93.5 on Thursday as investors' risk appetite improved amid renewed hopes of further stimulus in the US. Earlier in the week, President Trump urged the Congress to pass a new coronavirus aid bill to support airlines and companies and fund the Paycheck Protection Program. On the political front, recent polls showed Joe Biden is widening his lead against President Trump.2020-10-08T07:26:00"
US Futures Rise Sharply,Stock Market,"US Futures Rise SharplyUnited States Stock MarketStock futures in the US traded sharply higher on Thursday on hopes for new US stimulus and as markets priced in a Democratic victory during the November elections. US President Donald Trump called for Congress to pass legislation for airlines, small businesses, and stimulus checks of $1,200 for Americans. That was in contrast to Tuesday, when Trump stopped stimulus talks with the Democrats. Meantime, in the first and only vice presidential debate of the 2020 campaign today, US Vice President Mike Pence and Democratic Senator Kamala Harris repeatedly avoided answering questions posed to them, instead choosing to pivot to topics they preferred. On Wednesday, the Dow Jones Industrial Average rose 531 points, or 1.91%, to 28,303, its best session since July, the S&P 500 gained 59 points, or 1.74%, to 3,419 and the Nasdaq Composite added 210 points, or 1.88%, to 11,365.2020-10-08T06:07:00"
US Dollar Index Steady,Currency,"US Dollar Index SteadyUnited States CurrencyThe US Dollar Index held steady at 93.62 in early Thursday trade. Investors remain cautious regarding further fiscal stimulus measures as President Donald Trump urged Congress to pass a series of smaller, standalone bills after abruptly calling off negotiations on a comprehensive bill on Tuesday. Meantime, minutes from the Federal Open Market Committee on Wednesday showed that policy makers remained concerned that a lack of further fiscal stimulus would jeopardize the economic recovery and exacerbate economic hardships in minority and lower-income communities.2020-10-08T00:32:00.557"
US Futures Close at Monthly Highs,Stock Market,"US Futures Close at Monthly Highs United States Stock MarketUS futures rose sharply in early trade as investors cheered prospects of stimulus measures. President Donald Trump urged Congress to pass a series of smaller, standalone bills after abruptly calling off negotiations on a comprehensive bill on Tuesday. Meantime, Federal Reserve officials expressed concerns that a lack of further fiscal stimulus would jeopardize an economic recovery that was moving faster than expected. The Dow Jones Industrial Average rose 530.7 points, or 1.91%, to 28,303.46 and posting its best session since July, the S&P 500 gained 58.5 points, or 1.74%, to 3,419.45 and the Nasdaq Composite added 210.00 points, or 1.88%, to 11,364.60.2020-10-07T23:33:00"
Dow Jones Books Best Day Since July,Stock Market,"Dow Jones Books Best Day Since JulyUnited States Stock MarketWall Street rebounded sharply on Wednesday following Tuesday’s drastic selloff, as stimulus hopes returned after President Donald Trump appeared to have changed its stance on the stimulus package and tweeted support for aid to airlines through payroll support. The president also said that funds for small businesses could be paid for with unused money from the previous stimulus, also pushing for another round of $1200 checks for Americans. Shares of United Airlines, Delta and Boeing jumped over 3% each. Meanwhile, Eli Lilly rallied after saying it is looking for FDA clearance for its coronavirus antibody drug. All three main stock indexes gained near 2%, closing at their highest levels since early September: the Dow Jones gained 531 points or 1.9% to 28,303. The S&P jumped 59 points or 1.7% to 3419. The Nasdaq climbed 210 points or 1.9% to 11,365.2020-10-07T20:05:00"
US Consumer Credit Drops in August,Consumer Credit,"US Consumer Credit Drops in AugustUnited States Consumer CreditConsumer credit in the United States declined by $7.22 billion in August 2020 after increasing by $12.25 billion in the previous month, missing market expectations of a $14 billion increase. Total revolving credit declined by $9.4 billion after falling by $0.3 billion in July, whereas non-revolving credit increased $2.2 billion after rising by $14.9 billion. On an annual basis, consumer credit declined by 2.1 percent after rising 4.3 percent in the previous month.
2020-10-07T19:06:32.367"
Dollar Little Changed after Fed Minutes,Currency,"Dollar Little Changed after Fed MinutesUnited States CurrencyThe dollar index was little changed at 93.6 on Wednesday as investors remain cautious about the economic outlook for the US after President Trump decided to halt stimulus talks until after the November 3rd presidential election. Meanwhile, minutes from the last FOMC meeting showed the Fed continued to see the uncertainty surrounding the economic outlook as very elevated due to the pandemic and that it stands ready to use its full range of tools in order to support the US economy. Policymakers also reinforced the need of further stimulus avoid a slower growth in Q4. On Tuesday, Fed Chair Powell repeated his call for additional fiscal and monetary stimulus to help the US economy amid the pandemic crisis.2020-10-07T18:32:34.547"
US Stock Market Rally Continues,Stock Market,"US Stock Market Rally ContinuesUnited States Stock MarketWall Street's main indexes held onto early gains Wednesday, jumping around 2% in afternoon trading, fueled by hopes of a partial deal on more fiscal stimulus after President Trump said that lawmakers should immediately approve $25 billion for airline support, more aid to small businesses and provide most individuals with payments of up to $1,200 under the Paycheck Protection Program. Earlier, he had instructed his team to stop negotiations with Democrats for a new aid package until after the November election. Meanwhile, minutes of the Fed's September policy meeting showed the central bank stands ready to use its full range of tools in order to support the US economy. Policymakers also provided greater clarity about the likely path of interest rates in the years ahead, saying they will remain at record lows until labor market conditions reach maximum employment, and inflation rises to 2% and is on track to moderately exceed 2% for some time.2020-10-07T18:13:00"
US Crude Oil Stocks Rise More than Forecast,Crude Oil Stocks Change,"US Crude Oil Stocks Rise More than ForecastUnited States Crude Oil Stocks ChangeUS crude oil inventories increased by 0.501 million barrels in the week ended October 2nd, 2020, following three consecutive weeks of decline and compared to market expectations of a 0.294 million rise, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 1.435 million barrels, while markets had forecast a smaller 0.471 million drop.2020-10-07T14:35:00"
US Stocks Recover,Stock Market,"US Stocks RecoverUnited States Stock MarketAll 3 main stock indexes in the US were up more than 1.5% during the afternoon trading, recovering from a sell-off in the previous session after President Trump appeared to have changed its stance on the stimulus package. On Tuesday evening, President twitted that the House & Senate should immediately approve $25 billion for airline support and more aid to small businesses and provide most individuals with payments of up to $1,200 under the Paycheck Protection Program. Earlier he has instructed his team to stop negotiations with the Democrats for a new fiscal package until after the November 3rd presidential election. Meanwhile, investors await the minutes from the last FOMC meeting to be released later in the day for more clues on the monetary policy outlook. The US Vice Presidential debate will also take place on Wednesday night. 2020-10-07T13:33:00"
Dollar Nearly Flat as Investors Digest Trump Tweets,Currency,"Dollar Nearly Flat as Investors Digest Trump TweetsUnited States CurrencyThe dollar index was little changed at 93.7 on Wednesday as investors remain cautious about the economic outlook for the US after President Trump decided to halt stimulus talks until after the November 3rd presidential election. Investors will also keep an eye on the minutes from the last FOMC meeting for further hints on the monetary policy. On Tuesday, Fed Chair Powell repeated his call for additional fiscal and monetary stimulus to help the US economy amid the pandemic crisis. 2020-10-07T08:14:45.82"
US Futures Bounce Back,Stock Market,"US Futures Bounce BackUnited States Stock MarketStock futures in the US traded sharply higher on Wednesday, reversing from a big plunge in the previous session, as Trump hints at more stimulus for airlines and the Paycheck Protection Program. The President said on Twitter the House & Senate should immediately approve $25 billion for airline support and $135 billion for Paycheck Protection Program. Comments come after Trump announced he instructed his team to stop negotiations with the Democrats for a new fiscal package until after the November 3rd presidential election. Meanwhile, investors await the minutes from the last FOMC meeting to be released later in the day for more clues on the monetary policy outlook. The US Vice Presidential debate will also happen on Wednesday night. On Tuesday, the Dow Jones lost 376 points or 1.3% to 27,773. The S&P 500 plunged 48 points or 1.4% to 3361. The Nasdaq retreated 178 points or 1.6% to 11,155.2020-10-07T06:35:00"
US Dollar Index Jumps,Currency,"US Dollar Index JumpsUnited States CurrencyThe US dollar Index gained 0.31 points or 0.33% to 93.8215 after US President Trump’s cancellation of stimulus negotiations sparked a bid for the safe haven asset. Trump noted on Twitter ”I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business."" Meantime, Federal Reserve Chair Jerome Powell warned that the US economy remains in danger of shifting into reverse, noting that a second wave of novel coronavirus infections could ""more significantly limit economic activity, not to mention the tragic effects on lives and well-being.""2020-10-06T23:58:50.127"
US Futures Dip as Trump Delays Stimulus,Stock Market,"US Futures Dip as Trump Delays StimulusUnited States Stock MarketUS futures fell after US President Donald Trump on Tuesday called off negotiations with Democratic lawmakers on coronavirus relief legislation until after the election. Trump noted on Twitter ""I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business."" The comments followed Federal Reserve Chair Jerome Powell’s blunt warning that failure to provide more support for households and businesses hit by the coronavirus pandemic could have “tragic” economic consequences. On Tuesday, the S&P 500 closed 47.66 points, or 1.4% lower to 3360.97, while the Dow Jones Industrial Average slid 375.88 points, or 1.3%, to 27772.76 and the Nasdaq Composite declined 177.88 points, or 1.6%, to 11154.60.
.2020-10-06T23:17:00"
US Stocks Tank Suddenly After Trump Tweets,Stock Market,"US Stocks Tank Suddenly After Trump TweetsUnited States Stock MarketWall Street fell sharply on Tuesday after President Trump told his team to stop talks with Democrats on a fresh round stimulus until after the November election. The president tweeted that he asked Senate Majority Leader Mitch McConnell to “focus full time” on confirming Supreme Court nominee Amy Coney Barret. Meanwhile, House Speaker Nancy Pelosi reiterated the need for further aid after Fed Chairman Jerome Powell called on Congress for more aggressive action amid slower job creation. The Dow Jones lost 376 points or 1.3% to 27,773.  The S&P 500 plunged 48 points or 1.4% to 3361. The Nasdaq retreated 178 points or 1.6% to 11,155.
2020-10-06T20:05:00"
Wall Street Suddenly Plunges,Stock Market,"Wall Street Suddenly PlungesUnited States Stock MarketUS stocks suddenly sank on Tuesday, giving up all the earlier gains after President Trump instructed his team to stop negotiations with the Democrats for a new fiscal package until after the November 3rd presidential election. The Dow Jones was down more than 300 points, the S&P 500 fell more than 40 and the Nasdaq more than 200. Earlier on the day, Fed Chair Powell called for additional fiscal and monetary stimulus to help the US economy amid the pandemic crisis, saying that too little support would lead to a weak recovery, while the risks of overdoing it seems to be smaller. The House Speaker Pelosi and the Treasury Secretary Mnuchin were planning to speak again on Tuesday about the coronavirus aid bill. 2020-10-06T19:55:00"
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketDow Jones increased to a 4-week high of 283652020-10-06T18:42:48.117
Dow and S&P 500 Rise for 2nd Day,Stock Market,"Dow and S&P 500 Rise for 2nd DayUnited States Stock MarketThe Dow Jones rose more than 100 points and the S&P 500 gained 15 points on Tuesday, extending the previous session's rally. Fed Chair Powell called for additional fiscal and monetary stimulus to help the US economy amid the pandemic crisis, saying that too little support would lead to a weak recovery, while the risks of overdoing it seems to be smaller. At the same time, the White House doctor said that President Trump had a restful first night at home and that today he reports no symptoms. On the stimulus front, there is still no deal between Democrats and Republicans and the House Speaker Pelosi and the Treasury Secretary Mnuchin plan to speak again today. Boeing shares fell after the company said it expects the Covid-19 crisis to hurt sales for more than a decade. The Nasdaq traded slightly lower as news emerged that a House panel is about to propose reforms in the tech sector to prevent companies like Amazon or Apple from owning marketplaces and selling their own products on them.2020-10-06T17:34:00"
Dow and S&P 500 Cut Gains After Powell Speech,Stock Market,"Dow and S&P 500 Cut Gains After Powell SpeechUnited States Stock MarketThe Dow Jones rose 40 points and the S&P 500 was up just 4 points in the afternoon trade on Tuesday, erasing most of their gains from earlier in the session. Federal Reserve Chairman Jerome Powell called for additional fiscal and monetary stimulus to help the US economy amid the pandemic crisis, saying that too little support would lead to a weak recovery, while the risks of overdoing it seem to be smaller. Meanwhile, traders await clarity on Trump's political agenda after the President left the hospital on Monday, where he was treated for coronavirus. On the stimulus front, there's still no deal between Democrats and Republicans and the House Speaker Nancy Pelosi and the Treasury Secretary Steven Mnuchin plan to speak again today. Meanwhile, the Nasdaq traded more than 0.5% lower as news emerged that a House panel is about to propose reforms in the tech sector to prevent companies like Amazon or Apple from owning marketplaces and selling their own products on them.2020-10-06T16:27:00"
US Imports Jump 3.2% to 6-Month High,Imports,"US Imports Jump 3.2% to 6-Month HighUnited States ImportsImports to the United States rose by USD 7.4 billion from the previous month to USD 239.0 billion in August 2020, the highest level since February, as domestic demand continued its recovery from the pandemic hit. Goods purchases advanced by USD 6.5 billion to USD 203.0 billion, led by imports of consumer goods, such as pharmaceutical preparations; automotive vehicles, parts, and engines; and other goods. Meanwhile, purchases of industrial supplies and materials were sharply down, due to falls in nonmonetary gold and finished metal shapes. Imports of services increased by USD 0.8 billion to USD 36.1 billion, boosted by travel and transport.2020-10-06T12:33:00"
US Exports Rise 2.2% to 5-Month High,Exports,"US Exports Rise 2.2% to 5-Month HighUnited States ExportsExports from the United States increased by USD 3.6 billion to USD 171.9 billion in August 2020, the highest level since March, as global demand continued to recover from the coronavirus pandemic shock. Goods exports were up by USD 3.5 billion to USD 119.1 billion on the back of sales of industrial supplies and materials, such as nonmonetary gold; and foods, feeds, and beverages, in particular soybeans. At the same time, semiconductors exports declined. Services exports were little-changed at USD 52.8 billion, as increases in transport, charges for the use of intellectual property and other business services were partially offset by a decline in travel.2020-10-06T12:31:00"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketThe futures on main US stock market indexes mixed on Tuesday after a big rally in the previous session, as investors await clarity on Trump's political agenda and fresh stimulus. President Trump left the hospital on Monday, where he was treated for coronavirus, easing concerns about his health. On the stimulus front, there's still no deal between Democrats and Republicans and the House Speaker Nancy Pelosi and the Treasury Secretary Steven Mnuchin plan to speak again today. Meanwhile, news emerged that a House panel is about to propose reforms in the tech sector to prevent companies like Amazon or Apple from owning marketplaces and selling their own products on them. On Monday, the Dow Jones gained 466 points or 1.7% to 28,149. The S&P 500 climbed 60 points or 1.8% to 3409. The Nasdaq jumped 257 points or 2.3% to 11,332.2020-10-06T06:37:00"
US Dollar Eases on Trump Prognosis,Currency,"US Dollar Eases on Trump PrognosisUnited States CurrencyThe US Dollar Index fell 0.05 points or 0.05% to 93.40 in early Asian trade on Tuesday. President Donald Trump was discharged from Walter Reed National Military Medical Center on Monday night, though White House physician Dr. Sean Conley noted that the president “may not be out of the woods yet.” Meantime, investors remain optimistic on the prospects of further stimulus as House Speaker Nancy Pelosi signaled progress, saying “we continue to work on the text to move quickly to facilitate an agreement.” On the data front, the IHS Markit US Composite PMI stood at 54.3 in September 2020, little-changed from a preliminary estimate of 54.4 and August's final 54.6. Service sector activity continued to grow at a solid rate, while manufacturing output expanded the most since November 2019.2020-10-05T23:26:00"
Russell 2000 Hits 4-week High,Stock Market,Russell 2000 Hits 4-week HighUnited States Stock MarketRussell 2000 increased to a 4-week high of 15722020-10-05T16:58:17.81
US Private Sector Growth Remains Solid in September,Composite Pmi,"US Private Sector Growth Remains Solid in SeptemberUnited States Composite PmiThe IHS Markit US Composite PMI stood at 54.3 in September 2020, little-changed from a preliminary estimate of 54.4 and August's final 54.6. Service sector activity continued to grow at a solid rate, while manufacturing output expanded the most since November 2019. Overall new business increased at a sharper pace and employment continued to rise. On the price front, selling prices rose sharply and at a faster rate than input costs as firms passed higher input prices on to clients. Looking ahead, business confidence fell to a four-month low amid concerns surrounding the upcoming presidential election and the ongoing COVID-19 pandemic.2020-10-05T13:58:44.35"
US Service Activity Continues to Rise at Solid Pace: Markit,Services PMI,"US Service Activity Continues to Rise at Solid Pace: MarkitUnited States Services PMIThe IHS Markit US Services PMI was confirmed at 54.6 in September 2020, down from the previous month's 17-month high of 55.0. Still, the latest reading signaled a solid upturn in service sector business activity. New business expanded the most since March 2019 boosted by strengthening customer demand and amid the second-strongest increase in exports since data collection for the series began six years ago. In addition, the rate of job creation was the second-quickest since February 2019 and backlogs of work rose for the third month running. On the price front, input costs increased at a sharp rate due to greater wage and equipment costs, with many highlighting the uptick in PPE prices. Selling prices rose at the fastest rate since September 2018 and outpaced the rise in cost burdens, as firms took advantage of stronger demand conditions. Looking ahead, business confidence slumped to a four-month low amid concerns regarding the COVID-19 pandemic.2020-10-05T13:54:00"
US 10-Year Yield Hits 5-week High,Government Bond 10Y,"US 10-Year Yield Hits 5-week Highunited states Government Bond 10YThe yield on the US 10-year Treasury note rose to 0.7386% on Monday, the highest since August 27th as investors monitor Trump's prognosis and prospects of more stimulus. Meanwhile, the 30-year Treasury bond went up to 1.5494%, the highest since June 9th.2020-10-05T12:30:00"
Dollar Nearly Flat as Investors Await News on Trump's Health,Currency,"Dollar Nearly Flat as Investors Await News on Trump's HealthUnited States CurrencyThe dollar index traded around the flatline near 93.8 on Monday as investors await more developments on the US presidential campaign after President Trump tested positive for covid-19 last week and went to the hospital for treatment. Despite contradictory and confusing information about the President recovery, Trump may be able to leave the hospital on Monday. Meanwhile, traders hope the new coronavirus bill could be approved soon after the House Speaker Nancy Pelosi said on Sunday that progress is being made on it. Last week, the dollar lost 0.9%, the biggest fall since the last week of August.2020-10-05T07:13:00"
US Dollar Index Trades Flat,Currency,"US Dollar Index Trades FlatUnited States CurrencyThe US Dollar was little changed at 93.83 in early Asian trade on Monday. Investors remained cautious amid contradictory and confusing accounts about Trump’s coronavirus infection. The president was reportedly given supplemental oxygen at least once and he has been treated with a steroid that is normally used in severe cases of Covid-19. However, White House physician Dr. Sean Conley said Trump’s condition has improved and he could be discharged as early as Monday. On the data front, The US economy added 661 thousand jobs in September of 2020, easing sharply from an upwardly revised 1.489 million in the previous month, missing market forecasts of 850 thousand. The reading showed that the labour market is recovering from the coronavirus hit slower than initially anticipated.2020-10-04T23:44:21.067"
US ISM New York Index at 1-1/2-Year High,Ism New York Index,US ISM New York Index at 1-1/2-Year HighUnited States Ism New York IndexThe ISM New York Current Business Conditions index jumped to 56.1 in September 2020 from 42.9 in the previous month. The latest reading pointed to the steepest improvement in NY business conditions since April 2019 as the economic recovery from the coronavirus shock continues despite a spike in new cases.2020-10-02T14:44:33.107
US Consumer Sentiment Revised Higher,Consumer Confidence,"US Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to 80.4 in September of 2020 from a preliminary of 78.9. It remains the highest reading since March, mainly due to a more optimistic outlook for the national economy (75.6 vs 68.5 in August). The gauge for current conditions also improved (87.8 vs 82.9); inflation expectations for the year ahead slowed (2.6% vs 3.1%) while the 5-year outlook was unchanged from the previous month (2.7%). Nonetheless, two non-economic issues still represent the primary source of uncertainty and could cause volatile shifts in consumer confidence: when and how the election is decided, and delays in obtaining a vaccine and its widespread availability. Although the survey was completed before the presidential debate, it is likely that the chaotic debate has already added to these uncertainties.
2020-10-02T14:07:00"
US Government Bond Yields Pare Losses,Government Bond 10Y,"US Government Bond Yields Pare LossesUnited States Government Bond 10YThe yield on the US benchmark 10-year Treasury note rose slightly to 0.661% on Friday after the US employment report showed the pace of job creation slowed more than expected in September, while the unemployment rate dropped below 8% for the first time since April as fewer people looked for jobs. Earlier in the session, investors turned to safer assets after US President Trump and first lady Melania tested positive for COVID-19, with just weeks to go before the November presidential election.2020-10-02T12:38:00"
Dollar Rises after US Jobs Report,Currency,"Dollar Rises after US Jobs ReportUnited States CurrencyThe dollar index traded slightly higher above 93.8 on Friday, moving away from a 2-week low of 93.656, after the US jobs report showed the economy added 661 thousand jobs in September, less than market forecasts of a 850 thousand gain, while the unemployment rate dropped below 8% for the first time since April. At the same time, investors digest the latest developments in the US presidential election and as uncertainties about the new fiscal stimulus mount. President Trump tested positive for coronavirus, sending him to quarantine just weeks before the election. The House of Representatives approved the $2.2 trillion coronavirus aid bill from the Democrats but the plan is more likely to be rejected in the Senate. Still, for the week the dollar is on track to lose near 0.9%.2020-10-02T12:34:00"
US Wages Rise Less than Expected,Average Hourly Earnings,"US Wages Rise Less than ExpectedUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls rose by 2 cents, or 0.1 percent over the month to USD 29.47 in September of 2020, following a downwardly revised 0.3 percent gain in August and below market expectations of a 0.2 percent gain. Year-on-year, average hourly earnings have increased by 4.7 percent, up from a downwardly revised 4.6 percent in the prior month but below market consensus of 4.8 percent. Average hourly earnings of private-sector production and nonsupervisory employees rose by 1 cent to USD 24.79. The large employment fluctuations over the past several months-especially in industries with lower-paid workers-complicate the analysis of recent trends in average hourly earnings.

2020-10-02T12:32:00"
US Government Bond Yields Fall as Trump Tests Positive for Coronavirus,Government Bond 10Y,"US Government Bond Yields Fall as Trump Tests Positive for CoronavirusUnited States Government Bond 10YThe yield on the US benchmark 10-year Treasury note dropped to as low as 0.6528% on Friday as investors turned to safer assets after US President Trump and first lady Melania tested positive for COVID-19, with just weeks to go before the November presidential election. Investor focus will now shift to nonfarm payrolls and unemployment figures due later in the day, as well as consumer sentiment and factory orders.2020-10-02T09:30:00"
US Jobless Rate Seen at 8.2% in September,Unemployment Rate,"US Jobless Rate Seen at 8.2% in SeptemberUnited States Unemployment RateThe US unemployment rate is seen falling to 8.2 percent in September 2020, little-changed from August's 8.4 percent and compared to an all-time high of 14.7 percent hit in April. Still, the jobless rate will be more than twice 3.5 percent reported in February before the pandemic started as the recovery from COVID-19 shock showed signs of slowing amid diminishing government stimulus and a spike in new cases. The US employment report will be the last before the November presidential election.2020-10-02T08:09:00"
US Futures Tumbles after Trump Tests Positive for COVID-19,Stock Market,"US Futures Tumbles after Trump Tests Positive for COVID-19United States Stock MarketStock futures in the US sank on Friday after President Donald Trump tested positive for COVID-19, sending him to quarantine just weeks before the November 3rd presidential election. Contracts on the Dow Jones were down near 500 points, the S&P 500 near 50 and the Nasdaq around 200. Investors worry about the impact it will have on the election outcome as Trump will be isolated during most of the campaign and also reinforces the coronavirus crisis as one of the main themes for the campaign. The US has reported more than 43K new infections on Thursday, bringing the total to 7.277 million cases and 207,789 deaths. Meanwhile, the House of Representatives approved the $2.2 trillion coronavirus aid bill from the Democrats but the plan is more likely to be rejected in the Senate. On the data front, investors await the jobs report release before the opening bell for a more clear picture about the job market recovery.2020-10-02T06:34:00"
US Stock Futures Plunge as Trump Tests Positive for COVID-19,Stock Market,"US Stock Futures Plunge as Trump Tests Positive for COVID-19United States Stock MarketUS equity futures slumped Friday after President Donald Trump said he and first lady Melania tested positive for COVID-19 after a senior aide was also found to have the virus. At around 05:15 AM GMT, Dow Jones futures tumbled  400 points, while S&P 500 futures and Nasdaq 100 futures were also in negative territory. Earlier, market participants watched stimulus developments after the US House passed a $2.2 trillion virus relief plan on Thursday, despite Democrats and Republics were divided on key items in the legislation.2020-10-02T05:28:00"
Dollar Rises for First Time in 5 Days,Currency,"Dollar Rises for First Time in 5 DaysUnited States CurrencyThe dollar appreciated for the first time in five sessions against a basket of currencies on Friday after the US House of Representatives passed a $2.2 trillion coronavirus stimulus plan. However, the bill faces considerable opposition from Republican-held Senate. In the last four sessions, the safe-haven currency was under pressure as hopes of an economic turnaround boosted risk appetite. 2020-10-02T01:37:00"
US Stock Futures Drop,Stock Market,"US Stock Futures Drop United States Stock MarketDow Jones futures dropped more than 100 points on Thursday night after the US House of Representatives passed a $2.2 trillion coronavirus stimulus plan. The bill failed to lift sentiment as it faces considerable opposition from Republican-held Senate . Investors now await the Labor Department's employment report expected Friday to gauge the economy's recovery. On Thursday, a rally in technology stocks lifted the broader market: The Dow Jones gained 35 points or 0.1% to 27,817. The S&P 500 added 18 points or 0.5% to 3381. The Nasdaq jumped 159 points or 1.4% to 11,327.2020-10-02T01:08:00"
US Personal Spending Beats Forecasts,Personal Spending,"US Personal Spending Beats ForecastsUnited States Personal SpendingPersonal consumption expenditure in the US increased 1 percent month-over-month in August of 2020, above market forecasts of a 0.8 percent gain and following a downwardly revised 1.5 percent rise in July. Real personal consumption went up 0.7 percent, reflecting increases in spending for food services and accommodations as well as health care. In contrast, spending on goods declined, mainly due to food and beverages purchased for off-premises consumption.2020-10-01T12:35:00"
US Dollar Falls for 4th Day,Currency,"US Dollar Falls for 4th DayUnited States CurrencyThe dollar index extended losses for the 4th straight session to near 93.5 on the first day of Q4 as investors' risk appetite returned to market amid prospects of more policy support while fresh data showed the American economy is recovering from the pandemic. US House of Representative Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin both expressed hope for a breakthrough in talks and plan to resume discussions on Thursday. Also, recent figures showed private companies added more jobs than expected in September, the GDP contraction for Q2 was revised lower for the second time and pending home sales also surged. The USD gained near 2% in September which was the best monthly gain since July of 2019.2020-10-01T12:01:00"
Dollar Trades Around the Flatline,Currency,"Dollar Trades Around the FlatlineUnited States CurrencyThe dollar index was nearly flat at 93.9 on the first day of Q4 as investors' risk appetite returned to market amid prospects of more policy support while fresh data showed the American economy is recovering from the pandemic. US House of Representative Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin both expressed hope for a breakthrough in talks. Also, recent figures showed private companies added more jobs than expected in September, the GDP contraction for Q2 was revised lower for the second time and pending home sales also surged. The USD gained near 2% in September which was the best monthly gain since July of 2019.2020-10-01T08:54:00"
Dollar Posts Biggest Monthly Gains Since 2019,Currency,"Dollar Posts Biggest Monthly Gains Since 2019 United States CurrencyThe US dollar recorded its biggest monthly gain since July of 2019, as investors worried about a slowing economic recovery and rising coronavirus infections in Europe sought the safe-haven currency. However, the greenback extended losses for a fourth consecutive day against a basket of currencies on Thursday as risk sentiment returned to market amid prospects of more policy support. US House of Representative Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin both expressed hope for a breakthrough in talks. 2020-09-30T21:02:00"
"Dow Breaks 28,000",Stock Market,"Dow Breaks 28,000United States Stock MarketUS stock indexes extended gains in Wednesday afternoon, with the Dow Jones breaking the 28,000-point barrier as investors remained focused on prospects for another stimulus package to boost the US economy recover from the pandemic. Treasury Secretary Steven Mnuchin expressed some optimism that lawmakers can still reach a deal. The sentiment was also driven by upbeat economic data, with the US economy contracting less than initially projected in Q2 and private businesses adding more jobs than expected in September. Still, Wall Street's momentum slowed this month as investors started to question sharp stocks valuations in the wake of weak fundamentals following their massive rally from March lows. 2020-09-30T18:55:00"
Dow Jones is up by 2%,stock market,Dow Jones is up by 2%United States stock marketDow Jones Industrial Average increased 2% to 280002020-09-30T18:22:35.7
US Crude Inventories Unexpectedly Fall,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly FallUnited States Crude Oil Stocks ChangeUS crude oil stocks fell by 1.980 million barrels in the week ended September 25th, 2020, the third consecutive week of decline and compared to market expectations of a 1.569 million rise, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were up by 0.683 million barrels, while markets had forecast a 1.083 million drop.2020-09-30T14:33:00"
US Pending Home Sales Surge by Double Digits for 2nd Month,Pending Home Sales,"US Pending Home Sales Surge by Double Digits for 2nd MonthUnited States Pending Home SalesContracts to buy previously owned homes in the US jumped surged 24.2 percent over a year earlier in August of 2020, following a 15.5 percent rise in July. On a monthly basis, pending home sales went up 8.8 percent, beating forecasts of a 3.4 percent gain. Each of the four major regions saw gains in both month-over-month and year-over-year pending home sales transactions. “Tremendously low mortgage rates – below 3% – have again helped pending home sales climb in August,"" said Lawrence Yun, NAR’s chief economist. ""Additionally, the Fed intends to hold short-term fed funds rates near 0% for the foreseeable future, which should in the absence of inflationary pressure keep mortgage rates low, and that will undoubtably aid homebuyers continuing to enter the marketplace."" 2020-09-30T14:05:00"
US Corporate Profits Drop to Over 4-Year Low,Corporate Profits,"US Corporate Profits Drop to Over 4-Year LowUnited States Corporate ProfitsCorporate profits in the United States tumbled by 10.7 percent to an over four-year low of USD 1.59 trillion in the second quarter of 2020, compared to an initial estimate of an 11.8 percent decline. It was the sharpest decline in corporate profits since the last quarter of 2008, amid the coronavirus crisis. Undistributed profits slumped by 43.8 percent to USD 0.23 trillion and net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, dropped by 9.5 percent to USD 2.10 trillion. Also, net dividends were 1.1 percent lower at USD 1.36 trillion. The Federal Reserve sees the US economy shrinking by 3.7 percent in 2020, lower than an initial estimate of a 6.5 percent drop. Still, the outlook for 2021 remains uncertain as the coronavirus pandemic is far from controlled and a vaccine is not ready yet. 2020-09-30T12:39:00"
US Mortgage Applications Fall in Latest Week,Mortgage Applications,"US Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 4.8 percent in the week ended September 25h, after rising 6.8 percent in the previous week, data from the Mortgage Bankers Association showed. It is the biggest drop since the week ended August 21st, as applications to refinance a home loan declined 6.5 percent and homebuyer mortgage applications went down 1.9 percent. The average fixed 30-year mortgage rate fell 5 bps to a record low of 3.05 percent.2020-09-30T11:02:00"
US Futures Retreat after Trump-Biden Debate,Stock Market,"US Futures Retreat after Trump-Biden DebateUnited States Stock MarketUS futures sank on Wednesday as traders digest the first debate between Donald Trump and Joe Biden which was full of insults and interruptions and highlighted the risk of a contested vote. Investors worry the result of the November 3rd election will be too close, with no candidate wining by a big margin. Contracts on the Dow Jones were down near 250 points, the S&P 500 went down near 20 and the Nasdaq near 90. Meanwhile, the House Speaker Nancy Pelosi expressed some optimism that lawmakers can still reach a deal on another relief bill this week after speaking with Treasury Secretary Steven Mnuchin. On Tuesday, the Dow Jones lost 132 points or 0.5% to 27,452. The S&P 500 declined 16 points or 0.5% to 3335. The Nasdaq retreated 32 points or 0.3% to 11,085.2020-09-30T06:45:00"
US Stock Futures Rise After Trump-Biden Debate,Stock Market,"US Stock Futures Rise After Trump-Biden Debate United States Stock MarketUS stock index futures rose late Tuesday night after the first of three debates between President Trump and Democratic nominee Joe Biden. Trump highlighted his business-friendly tax cuts and stock-market gains, while Biden noted important job creation while he was the vice president in the Obama administration. Stock futures were already rising after Nancy Pelosi expressed some optimism that lawmakers can still reach a deal on another relief bill this week after speaking with Treasury Secretary Steven Mnuchin. On Tuesday, the Dow Jones lost 132 points or 0.5% to 27,452. The S&P 500 declined 16 points or 0.5% to 3335. The Nasdaq retreated 32 points or 0.3% to 11,085.2020-09-30T02:51:00"
US Dollar Remains Under Pressure,Currency,"US Dollar Remains Under Pressure United States CurrencyThe dollar has come under increasing pressure in recent days, trading well below its two-month high of 94.74 against a basket of currencies on Wednesday as risk sentiment returned to market amid prospects of more policy support. Nancy Pelosi expressed some optimism that lawmakers can still reach a deal on another relief bill this week after speaking with Treasury Secretary Steven Mnuchin. 2020-09-30T02:03:52.147"
API: US Crude Oil Inventories Unexpectedly Fall,API Crude Oil Stock Change,"API: US Crude Oil Inventories Unexpectedly FallUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States fell by 0.8 million barrels in the week ended September 25th, 2020, after a 0.7 million build in the previous week and compared with market expectations of a 1.4 million gain, data from the American Petroleum Institute showed.2020-09-29T20:41:00"
Micron Technology earnings at 1.08 USD,Earnings,"Micron Technology earnings at 1.08 USDUnited States EarningsMicron Technology (MU) released earnings per share at 1.08 USD, compared to market expectations of 1 USD.2020-09-29T20:17:20.077"
Wall Street Ends 3-Day Rally,Stock Market,"Wall Street Ends 3-Day RallyUnited States Stock MarketWall Street fell for the first time in four sessions on Tuesday, as rising coronavirus cases in New York threatens to derail the nation's gradual economic recovery from the pandemic. Prospects of more fiscal aid lifted sentiment over the last couple of sessions, but investors started getting anxious about the Presidential election in November. Meanwhile, all eyes will be on tonight's Trump-Biden first televised debate. The Dow Jones lost 132 points or 0.5% to 27,452. The S&P 500 declined 16 points or 0.5% to 3335. The Nasdaq retreated 32 points or 0.3% to 11,085..2020-09-29T20:03:00"
Dollar Extends Losses ahead of 1st Presidential Debate,Currency,"Dollar Extends Losses ahead of 1st Presidential DebateUnited States CurrencyThe dollar index declined to around 94.1 on Tuesday, after falling 0.4% in the previous session which was the biggest loss in a month and moving further away from a 2-month high of 94.64 reached on Friday. Investors' focus turns to the Presidential election in November with the first debate between Donald Trump and Joe Biden scheduled for Tuesday night. Traders also keep an eye on developments on the US stimulus bill after the House Speaker Nancy Pelosi said the Democrats unveiled a new, $2.2 trillion coronavirus bill.2020-09-29T09:28:00"
Dollar Extends Losses,Currency,"Dollar Extends LossesUnited States CurrencyThe dollar extended losses to as low as 94.1 against a basket of currencies on Tuesday as risk sentiment returned to market amid prospects of more policy support. Nancy Pelosi expressed some optimism that lawmakers can still reach a deal on another relief bill, saying that she and Treasury Secretary Steven Mnuchin agreed to resume talks. The US currency was already under pressure on Monday, recording its largest daily drop in a month. .2020-09-29T01:26:22.483"
Dow Rallies 400 Points,Stock Market,"Dow Rallies 400 Points United States Stock MarketWall Street extended gains on Monday, led by banks, energy and tech shares as prospects of more policy support boosted buying sentiment. Nancy Pelosi expressed some optimism that lawmakers can still reach a deal on another relief bill, saying that she and Treasury Secretary Steven Mnuchin agreed to resume talks. Still, sentiment remained fragile as coronavirus cases continue to soar worldwide. The Dow Jones gained 410 points or 1.5% to 27584. The S&P 500 climbed 53 points or 1.6% to 3352. The Nasdaq added 204 points or 1.9% to 11118.2020-09-28T20:10:00"
US Stocks Start the Week on a Solid Note,Stock Market,"US Stocks Start the Week on a Solid NoteUnited States Stock MarketAll three main stock market indexes were up more than 1.5% in the late afternoon trade on Monday, led by banks, energy and tech shares as prospects of more policy support lifted sentiment while traders get more anxious about the Presidential election. The House Speaker Nancy Pelosi expressed hopes a deal with the Republicans can be reached and said talks are continuing as the Democrats try to forge ahead on a smaller aid package of about $2.4 trillion. The first debate between President Donald Trump and Joe Biden will take place on Tuesday and the jobs report is due later in the week. Still, markets were rattled once again by a resurgence of coronavirus cases, with 21 US states reporting an increase of at least 10% in the number of new cases, according to a CNN analysis of data from Johns Hopkins University.2020-09-28T13:33:00"
Dollar Hovers Near 2-Month High,Currency,"Dollar Hovers Near 2-Month HighUnited States CurrencyThe dollar index traded lower around 94.2 on Monday, but remained close to a 2-month high of 94.64 reported in the previous session as investors continue to track global coronavirus figures and the risk of further lockdowns and await for further economic data and political developments in the US. Still, hopes of additional stimulus package improved risk appetite after The House Speaker Nancy Pelosi said talks with Republicans on a smaller aid package of about $2.4 trillion are continuing. Traders will also keep an eye on the first debate between Donald Trump and Joe Biden on Tuesday.2020-09-28T08:50:00"
Dollar Hovers Below 2-Month High,Currency,"Dollar Hovers Below 2-Month HighUnited States CurrencyThe dollar hovered below a two-month high against a basket of currencies on Monday, as money flew to riskier assets amid prospects of more policy support to sustain the economic recovery. House Speaker Nancy Pelosi emphasized that more financial aid is still possible as House Democrats try to forge ahead on a smaller aid package. In the last two weeks, the US currency benefited from the flight to safety triggered by rising coronavirus cases globally. 2020-09-28T01:33:00"
US Stock Futures Rise,Stock Market,"US Stock Futures Rise United States Stock MarketWall Street is set to begin the week in the green, with Dow Jones futures gaining more than 50 points on Sunday evening as prospects of more policy support to sustain the economic recovery lifted sentiment. House Speaker Nancy Pelosi emphasized that more financial aid is still possible as House Democrats try to forge ahead on a smaller aid package.  Still, markets were rattled once again by a resurgence of coronavirus cases, which will most likely lead to additional lockdowns and another drop in the world's economic activity. Last week, the Dow Jones lost 1.8%, and the S&P retreated 0.6%. In contrast, the Nasdaq jumped 1.1% and snapped a 3-week losing streak.2020-09-28T01:00:41.627"
Dollar Has Best Week Since Early April,Currency,"Dollar Has Best Week Since Early AprilUnited States CurrencyThe dollar index settled around a 2-month high of 94.6 on Friday, and was up near 1.8% for the week, the biggest weekly advance since the first week of April. Investors welcomed prospects of a new smaller $2.4 trillion Democrats sponsored coronavirus aid bill. Also, the greenback was pushed up by the need for liquidity, global growth concerns as Europe battles with the second wave of coronavirus infections and a less dovish tone from the Fed compared to the ECB and the BoJ.2020-09-25T21:12:00"
US Futures Rise on Stimulus Bill Hopes,Stock Market,"US Futures Rise on Stimulus Bill HopesUnited States Stock MarketUS futures were slightly higher on Friday as investors try to avoid a fourth consecutive week of losses. Contracts on the Dow Jones went up near 30 points, the SP 500 near 5 and the Nasdaq around 18. For the week, the Dow Jones sank 3% so far, the S&P 500 2% and the Nasdaq 1%. Investors continue to monitor prospects for the US economic recovery and welcomed news that the Democrats are preparing a new, smaller $2.4 trillion coronavirus aid bill as they try to move forward with talks with the Republicans although a deal before the Presidential election seems unlikely. Still, Goldman Sachs (3% vs 6%) and JP Morgan (2.5% vs 3.5%) cut their US GDP growth forecast for Q4. On Thursday, the Dow Jones added 52 points or 0.2% to 26,816. The S&P 500 increased 10 points or 0.3% to 3247. The Nasdaq gained 39 points or 0.4% to 10,672. 2020-09-25T08:07:00"
Dollar Hovers Near 2-Month High,Currency,"Dollar Hovers Near 2-Month HighUnited States CurrencyThe dollar hovered near a two-month high against a basket of currencies on Friday, after Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi have agreed to resume stimulus talks. The US currency found support earlier this week after Fed's Evans struck a hawkish tone by noting that the central bank could raise rates before inflation averages 2%.  2020-09-25T01:19:31.973"
Dollar Hits Fresh 2-Month High,Currency,"Dollar Hits Fresh 2-Month HighUnited States CurrencyThe dollar touched a fresh two-month high of 94.6 on Thursday as traders digested a disappointing report on US jobless claims which showed initial claims rose by 870K in the latest week, higher than 866K in the previous week and market forecasts of 840K. Also, the demand for safety increased amid signs of a global economic slowdown and rising coronavirus infections worldwide. Meanwhile, several Fed officials including the Fed Chair Powell called on the US government to provide more fiscal support although a new stimulus bill seems unlikely before the presidential election.2020-09-24T14:14:00"
Stocks in United States Hit 7-week Low,Stock Market,Stocks in United States Hit 7-week LowUnited States Stock MarketS&P 500 decreased to a 7-week low of 32232020-09-24T13:30:03.33
Dollar Hits Fresh 2-Month High,Currency,"Dollar Hits Fresh 2-Month HighUnited States CurrencyThe dollar index strengthened for the 4th straight session and touched a fresh two-month high of 94.5 on Thursday, as investors looked for safety amid signs of a global economic slowdown and rising coronavirus infections worldwide. Meanwhile, several Fed officials including the Fed Chair Powell called on the US government to provide more fiscal support although a new stimulus bill seems unlikely before the presidential election. 2020-09-24T09:36:00"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketUS futures erased most of the earlier losses to trade near the flatline on Thursday, following a tech-led sell-off in the previous session as investors digest recent warnings from Federal Reserve officials about a slowing economic recovery and the need of further fiscal support although another Congressional aid package seems far away from approved. Contracts on both the Dow Jones and the S&P 500 were nearly flat while the Nasdaq traded in the red. Meanwhile, new coronavirus infections and the risk of another set of lockdowns in Europe continue to weigh on traders' mood. The claims report will be released later in the day, with initial claims seen falling to 840K and confirming a slow labour market recovery. On Wednesday, the Dow Jones tanked 525 points or 1.9% to 26,763. The S&P 500 sank 79 points or 2.4% to 3237. The Nasdaq plunged 331 points or 3% to 10,633.2020-09-24T07:53:00"
Dollar Hits Fresh 2-Month High,Currency,"Dollar Hits Fresh 2-Month HighUnited States CurrencyThe dollar hovered near a two-month high against a basket of currencies on Thursday, as investors turned to safety amid concerns about the pace of the global economic recovery and rising COVID-19 infections worldwide. At the same time, the House approved a bill to keep the government funded through December and avoid a shutdown before the election. The US currency also found support after Fed's Evans struck a hawkish tone by noting that the central bank could raise rates before inflation averages 2%.2020-09-23T15:17:00"
US Crude Inventories Fall Less than Forecast,Crude Oil Stocks Change,"US Crude Inventories Fall Less than ForecastUnited States Crude Oil Stocks ChangeUS crude oil stocks fell by 1.639 million barrels in the week ended September 18th, 2020, following a 4.389 million decrease in the previous period and compared to market expectations of a 2.325 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 4.025 million barrels, while markets had forecast a smaller 0.648 million decline.2020-09-23T14:34:00"
US Private Sector Activity Remains Strong,Composite Pmi,"US Private Sector Activity Remains StrongUnited States Composite PmiThe IHS Markit US Composite PMI stood at 54.4 in September 2020, remaining close to the previous month's one-and-a-half-year high of 54.6 and signaling a further solid rise in business activity, a preliminary estimate showed. New orders increased the most since February 2019 and employment continued to grow. On the price front, average selling price inflation was the highest since October 2018, amid a sharp increase in cost burdens. Looking ahead, business confidence dropped to a four-month low due to election uncertainty and the ongoing pandemic.2020-09-23T14:00:04.97"
General Mills earnings at 1 USD,Earnings,"General Mills earnings at 1 USDUnited States EarningsGeneral Mills (GIS) released earnings per share at 1 USD, compared to market expectations of 0.87 USD.2020-09-23T12:05:41.257"
US Mortgage Applications Rebound in Latest Week,Mortgage Applications,"US Mortgage Applications Rebound in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 6.8 percent in the week ended September 18th, after dropping 2.5 percent in the previous week, data from the Mortgage Bankers Association showed. It is the biggest rise since the week ended August 7th, as applications to refinance a home loan increased 8.8 percent and homebuyer mortgage applications advanced 3.4 percent. The average fixed 30-year mortgage rate went up 3 bps to 3.10 percent.2020-09-23T11:05:00"
US Futures Recover,Stock Market,"US Futures Recover United States Stock MarketUS futures rebounded to trade in the green on Wednesday, with contracts on the Dow Jones rising near 150 points, the S&P 500 near 10 and the Nasdaq more than 20. Investors digest remarks from Fed officials that point to a slow economic recovery while Fed Chair Powell reiterated to Congress that the US needs further fiscal stimulus. Fed Chair will testify again on the CARES Act on Wednesday. Meanwhile, the House approved a bill to keep the government funded through December and avoid a shutdown before the election. On the corporate front, earnings from Nike and KB Home beat forecasts after the bell on Tuesday and Tesla announced $25,000 Tesla and said Model S 'Plaid' is coming soon during its big battery event Tuesday evening. On Tuesday, the Dow Jones gained 140 points or 0.5% to 27,288. The S&P 500 climbed 35 points or 1.1% to 3316. The Nasdaq jumped 185 points or 1.7% to 10,964.2020-09-23T08:39:00"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketStock futures in the US pointed to a mixed open on Wednesday, with contracts on the Dow Jones rising near 80 points while the S&P 500 traded around the flatline and the Nasdaq fell more than 30 points. Investors digest remarks from Fed officials that point to a slow economic recovery while Fed Chair Powell reiterated to Congress that the US needs further fiscal stimulus. Fed Chair will be testify again on the Cares Act on Wednesday. Meanwhile, the House approved a bill to keep the government funded through December and avoid a shutdown before the election. On the corporate front, earnings from Nike and KB Home beat forecasts after the bell on Tuesday and Tesla announced $25,000 Tesla and said Model S 'Plaid' is coming soon during its big battery event Tuesday evening. On Tuesday, the Dow Jones gained 140 points or 0.5% to 27,288. The S&P 500 climbed 35 points or 1.1% to 3316. The Nasdaq jumped 185 points or 1.7% to 10,964.2020-09-23T07:00:00"
Dow Futures Rise,Stock Market,"Dow Futures Rise United States Stock MarketDow stock futures rose more than 50 points late Tuesday night after the House approved a bill to keep the government funded through December and avoid a shutdown before the election. On the policy front, Federal Chairman Jerome Powell reiterated to Congress that the US needs further fiscal stimulus. On Tuesday, the Dow Jones gained 140 points or 0.5% to 27,288. The S&P 500 climbed 35 points or 1.1% to 3316. The Nasdaq jumped 185 points or 1.7% to 10,964.2020-09-23T02:12:08.58"
Dollar Hits 8-Week High,Currency,"Dollar Hits 8-Week HighUnited States CurrencyThe dollar index rose to a fresh eight-week high of 94.17 on Wednesday, after the House approved a bill to keep the government funded through December and avoid a shutdown before the election. The US currency also found support after Fed's Evans struck a hawkish tone by noting that the central bank could raise rates before inflation averages 2%.  2020-09-23T00:52:19.377"
Nike earnings at 0.95 USD,Earnings,"Nike earnings at 0.95 USDUnited States EarningsNike (NKE) released earnings per share at 0.95 USD, compared to market expectations of 0.48 USD.2020-09-22T20:27:37.64"
Dollar Gains on Safe-Haven Bids,Currency,"Dollar Gains on Safe-Haven BidsUnited States CurrencyThe dollar firmed against major currencies for a second straight session on Tuesday, as investors took shelter in the US currency on remarks by Federal Reserve Chairman Jerome Powell, who reiterated the central bank will use its full range of tools to support the economy. Earlier this session, the dollar index rallied above 94 for the first time in two months after Fed's Evans said the central bank could raise rates before inflation averages 2%. 2020-09-22T17:41:00"
Dollar Jumps to 2-Month High,Currency,"Dollar Jumps to 2-Month HighUnited States CurrencyThe dollar index rose above 94 against a basket of currencies for the first time since the end of July, as Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin testify before Congress on the CARES Act. At the same time, investors fear that mounting coronavirus infections in Europe could lead to another economic lockdown while uncertainties regarding a fresh stimulus package in the US also supported the currency. On Monday, the dollar strengthened near 0.8% which was the biggest rise in 3 months.2020-09-22T15:13:00"
"US Stocks Mixed as Mnuchin, Powell Testify on CARES",Stock Market,"US Stocks Mixed as Mnuchin, Powell Testify on CARESUnited States Stock MarketWall Street's main indexes traded mixed on Tuesday following Monday's steep sell-off as Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell testify before the Committee on Financial Services on the CARES Act. Mnuchin offered an upbeat view of the economic recovery, but noted that a targeted package might still be needed and that White House officials are working with Congress on a bipartisan agreement. Powell reinforced the central bank is ready to support the economy for as long as it takes and that many economic indicators show marked improvement although the economy still has a long way to go before fully recovering from the coronavirus pandemic. On the global front, concerns about further coronavirus lockdowns in Europe mounted, with the UK already announcing new restrictions. The Dow Jones lost 0.3%, while the S&P 500 advanced 0.3% and the Nasdaq climbed 0.6% helped by a rebound in tech shares.2020-09-22T15:10:00"
Tech Leads US Stocks Higher,Stock Market,"Tech Leads US Stocks HigherUnited States Stock MarketThe Dow Jones was up near 70 points on Tuesday, the S&P 500 near 20 and the Nasdaq more than 40, led by tech shares and following a steep sell-off on Monday. Stocks of Facebook, Apple and Microsoft gained more than 1% while Amazon rose 2%. Investors await Fed Chair Powell three-day testimony to the Congress on the CARES Act to start later in the day. In prepared remarks, Powell reinforced the central bank is ready to support the economy for as long as it takes and that many economic indicators show marked improvement although the economy still has a long way to go before fully recovering from the coronavirus pandemic. Traders also continue to monitor any progress on fresh stimulus package. Still, concerns about further coronavirus lockdowns in Europe capped gains, with the UK already announcing new restrictions.2020-09-22T13:33:00"
US Futures Mostly Higher Led by Tech,Stock Market,"US Futures Mostly Higher Led by TechUnited States Stock MarketDow futures swung between gains and losses on Tuesday, attempting to rebound from a steep sell-off on Monday while both the S&P 500 and the Nasdaq traded in the green led by tech shares. Stocks of Facebook, Apple and Microsoft gained more than 1% in premarket trading while Amazon rose 2%. Investors await Fed Chair Powell three-day testimony to the Congress on the CARES Act to start later in the day. In prepared remarks, Powell reinforced the central bank is ready to support the economy for as long as it takes and that many economic indicators show marked improvement although the economy still has a long way to go before fully recovering from the coronavirus pandemic. Meanwhile, traders continue to monitor any progress on fresh stimulus package. On Monday, the Dow Jones lost 511 points or 1.9% to 27,147, its worst day since September 8th. The S&P 500 declined 38 points or 1.2% to 3281, its first 4-day losing streak since February. The Nasdaq decreased 15 points or 0.1% to 10,779.2020-09-22T11:52:00"
US Futures Point to Mixed Open,Stock Market,"US Futures Point to Mixed OpenUnited States Stock MarketStock futures in the US attempted to rebound on Tuesday, following a steep sell-off on Monday, with contracts on the Dow Jones trading nearly flat, while both the S&P 500 and the Nasdaq erased earlier losses to trade in the green. Investors continue to monitor the need of further lockdowns in Europe as coronavirus cases continue to rise. Also, prospects for a fresh pack start fading as President Trump will announce a Supreme Court pick later in the week to replace Ruth Bader Ginsburg although Democrats asked for the winner of the presidential election to choose it. Meanwhile, traders will also keep an eye on Fed Chair Powell three-day testimony to the Congress to discuss the central bank’s response to the coronavirus pandemic. On Monday, the Dow Jones lost 511 points or 1.9% to 27,147, its worst day since September 8th. The S&P 500 declined 38 points or 1.2% to 3281, its first 4-day losing streak since February. The Nasdaq decreased 15 points or 0.1% to 10,779.2020-09-22T08:42:00"
US Futures Extend Losses,Stock Market,"US Futures Extend LossesUnited States Stock MarketStock futures in the US extended losses on Tuesday, following a steep sell-off on Monday, with contracts on the Dow Jones declining near 100 points, the S&P 500 near 6 and the Nasdaq more than 30. Investors remain concerned over further lockdowns and restrictions in Europe as coronavirus cases continue to rise. Also, prospects for a new US fiscal stimulus package start fading as President Trump will announce a Supreme Court pick later in the week to replace Ruth Bader Ginsburg although Democrats asked for the winner of the presidential election to choose it. Meanwhile, traders will also keep an eye on Fed Chair Powell three-day testimony to the Congress to discuss the central bank’s response to the coronavirus pandemic. On Monday, the Dow Jones lost 511 points or 1.9% to 27,147, its worst day since September 8th. The S&P 500 declined 38 points or 1.2% to 3281, its first 4-day losing streak since February. The Nasdaq decreased 15 points or 0.1% to 10,779. 2020-09-22T07:14:00"
Dollar Eases from 1-Month High,Currency,"Dollar Eases from 1-Month HighUnited States CurrencyThe dollar eased back from one-month highs against a currency basket on Tuesday as investors took a breather after a recent rally driven by safe-haven demand. Still, the greenback shined as the best alternative investment and held above 93.5 amid lingering concerns over the economic recovery from the coronavirus pandemic. 2020-09-22T01:07:00"
US Stocks September Sell-Off Continues,Stock Market,"US Stocks September Sell-Off ContinuesUnited States Stock MarketWall Street closed in the red on Monday and the S&P 500 linked its first 4-day losing streak since February, as investors weighed fiscal uncertainty and rising Covid-19 cases in the US, Europe and India. On the policy side, the stalemate on a second stimulus bill persisted, while tensions between US and China escalated after the latter's Ministry of Commerce released provisions on its so-called “unreliable entity list” a day after the Trump administration announced a ban on WeChat and TikTok. On the corporate side, shares of financials led by JPMorgan-Chase (-3.1%) dropped sharply amid a new ICIJ report of alleged laundering orders. The Dow Jones lost 511 points or 1.9% to 27,147. The S&P 500 declined 38 points or 1.2% to 3281. The Nasdaq decreased 15 points or 0.1% to 10,779.
2020-09-21T20:06:00"
Russell 2000 Hits 7-week Low,Stock Market,Russell 2000 Hits 7-week LowUnited States Stock MarketRussell 2000 decreased to a 7-week low of 14852020-09-21T14:42:54.323
Dollar Jumps to Over 1-Month High,Currency,"Dollar Jumps to Over 1-Month HighUnited States CurrencyThe dollar index strengthened near 0.7% to trade above 93.5 on Monday, the highest on a closing basis since August 11th amid fears that mounting coronavirus infections in Europe could lead to another economic lockdown and more restrictions. Still, the Fed's cautious outlook, mixed economic data for the US and lack of progress in a new fiscal stimulus package capped gains.2020-09-21T14:21:00"
US Stocks Plunge,Stock Market,"US Stocks PlungeUnited States Stock MarketWall Street tumbled to a 2-month low on Monday, with the Dow Jones sinking more than 3%, the S&P 500 more than 2.5% and the Nasdaq more than 2% amid a fresh wave of global risk aversion. Rising coronavirus infections in Europe raised concerns over new restrictions and lockdowns while an investigation of the International Consortium of Investigative Journalists into the “FinCen Files” revealed several lenders moved large sums of illicit funds over nearly two decades. Meanwhile, investors continue to follow any progress on a new US fiscal stimulus package which could be even more complicated after President Trump said he would nominate a Supreme Court pick later in the week to replace Ruth Bader Ginsburg although Democrats asked for the winner of the presidential election to choose it. On the trade front, China released its “unreliable entities"" list which include foreign individuals and companies that could hurt Chinese interests.2020-09-21T13:31:00"
Fresh Coronavirus Concerns Drag US Futures Down,Stock Market,"Fresh Coronavirus Concerns Drag US Futures DownUnited States Stock MarketUS futures tumbled on Monday, with contracts on the Dow Jones falling more than 500 points, the S&P 500 near 50 and the Nasdaq more than 150, amid a fresh wave of global risk aversion. Rising coronavirus infections in Europe raised concerns over new restrictions and lockdowns while an investigation of the International Consortium of Investigative Journalists into the “FinCen Files” revealed several lenders moved large sums of illicit funds over nearly two decades. Meanwhile, investors continue to follow any progress on a new US fiscal stimulus package and await Fed Chair Powell testimony before Congress from Tuesday to Thursday to discuss pandemic relief efforts. Last week, the Dow Jones was flattish, whereas the S&P 500 declined 0.7% and the Nasdaq retreated 0.6%.2020-09-21T09:09:00"
Dollar Remains at Over 2-Year Low,Currency,"Dollar Remains at Over 2-Year LowUnited States CurrencyThe dollar index traded flat to lower and below 92.9 on Monday as investors continue to digest Fed's cautious outlook and mixed economic data for the US. Last week, the Federal Reserve promised to keep rates near 0% for at least 3 more years and revised lower its growth outlook for 2021 and 2022. Meanwhile, a lack of progress in a new fiscal stimulus package continues to weigh on investors' mood as Republicans and Democrats have been in a stalemate since July. 2020-09-21T07:41:42.33"
Dollar Books First Weekly Loss Since August,Currency,"Dollar Books First Weekly Loss Since AugustUnited States CurrencyThe dollar index fell below 93 on Monday as weaker-than-expected data on industrial production, retail sales, housing starts and initial jobless claims last week raised concerns about the US economic recovery. At the same time, a lack of progress in US fiscal stimulus negotiations, coupled with a resurgence in coronavirus cases, the US Federal Reserve's promise to keep rates at record lows and US-China tensions continued to weigh on the greenback.2020-09-18T20:11:00"
US Futures Try to Recover,Stock Market,"US Futures Try to RecoverUnited States Stock MarketUS futures attempted to rebound on Friday as investors try to shrug off a tech rout the day before after stocks had rallied over the past several months, partially due to the Fed's action in the early days of the pandemic. Meanwhile, traders await further developments on more stimulus as Republicans and Democrats have not agreed yet on a new package; and the timing of a viable coronavirus vaccine. Considering Monday-Thursday, the Dow Jones added 0.9% and the S&P 500 and the Nasdaq 0.5% each. On Thursday, the Dow Jones lost 131 points or 0.5% to 27,902. The S&P 500 retreated 29 points or 0.8% to 3357. The Nasdaq dropped 140 points or 1.3% to 10,910.2020-09-18T07:31:00"
US Dollar Index Falls Below 93,Currency,"US Dollar Index Falls Below 93United States CurrencyUS Dollar index dropped below the 93 on Friday as market participants digested a disappointing report on US jobless claims. The number of Americans filing for unemployment benefits remained perched at extremely high levels, suggesting the labour market recovery stalled.  2020-09-17T21:29:00"
US Stocks Trade Lower Led by Tech,Stock Market,"US Stocks Trade Lower Led by TechUnited States Stock MarketUS stocks remained in negative territory on Thursday, with the Dow Jones falling over 300 points, the S&P 500 almost 50 points and the Nasdaq more than 250 points as tech shares underperformed again. Investors digest the Fed's monetary policy decision and its cautious outlook. Officials signalled rates would stay near 0% for 3 more years as policy will remain accommodative and the pace of economic activity will likely slow. Meanwhile, initial claims came slightly above market forecasts at 860K and both housing starts and building permits were lower than expected, adding to concerns about the economic rebound. Also, conflicting messages about a coronavirus vaccine weighed on investors' mood. The director of the US Centers for Disease Control and Prevention said he believes that a Covid-19 vaccine may not be available to the general public until Q3, late Q2 2021 while President Trump said ""it could be announced in October, a little bit after October”.2020-09-17T13:34:00"
Philadelphia Fed Manufacturing Index in Line with Forecasts,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index in Line with ForecastsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US decreased to 15 in September of 2020 from 17.2 in August, in line with market forecasts. It is the lowest reading since May. The average workweek subindex slowed (7.8 vs 11.3) and price pressures increased for both prices paid (25.1 vs 15.3) and received (18.4 vs 12.4). Inventories also fell more (-10.8 vs -1.9). On the other hand, indicators for new orders (25.5 vs 19), shipments (36.6 vs 9.4), and employment (15.7 vs 9) grew further. Nearly all of the future indexes increased, suggesting more widespread optimism among firms about growth over the next six months.2020-09-17T12:38:00"
Dollar Steady after Fed,Currency,Dollar Steady after FedUnited States CurrencyThe dollar index traded little-changed around 93.2 on Thursday after the Federal Reserve pledged to keep rates near zero until at least the end of 2023 and projected a smaller contraction for the US economy this year and a slow economic recovery in both 2021 and 2022.2020-09-17T08:23:00
US Futures Slide after Fed Cautious Outlook,Stock Market,"US Futures Slide after Fed Cautious OutlookUnited States Stock MarketUS futures traded in the red on Thursday, with contracts on the Dow Jones declining near 300 points, the S&P 500 near 40 and the Nasdaq near 150 as investors digest the Fed's monetary policy decision and its cautious outlook. Officials signalled rates would stay near 0% for 3 more years as policy will remain accommodative and the pace of economic activity will likely slow. Meanwhile, investors await the claims report and housing starts figures to be released before the opening bell. On Wednesday, the Dow Jones added 37 points or 0.1% to 28,033. In contrast, the S&P 500 lost 16 points or 0.5% to 3386, while the Nasdaq sank 140 points or 1.3% to 11,051.2020-09-17T07:53:00"
Dollar Index Hits 1-Week High,Currency,"Dollar Index Hits 1-Week HighUnited States CurrencyThe dollar index, which measures the greenback against a basket of major currencies, rallied to a one-week high of 93.4 on Thursday after the Federal Reserve projected a softer economic contraction this year. As expected, the US central bank announced that it will keep interest rates near zero for years until a recovery is firmly in place.2020-09-17T01:10:42.523"
US 10-Year Treasury Yield Unchanged after Fed,Government Bond 10Y,US 10-Year Treasury Yield Unchanged after FedUnited States Government Bond 10YThe yield on the US 10-year Treasury note was little changed at 0.69% on Wednesday after the Federal Reserve pledged to keep interest rates near zero through 2023. Fed officials also expect a smaller economic contraction for 2020 but a slower recovery for 2021 and 2022.2020-09-16T18:57:00
Dollar Nearly Flat after Fed,Currency,"Dollar Nearly Flat after FedUnited States CurrencyThe dollar index traded nearly flat at 93 on Wednesday after the Federal Reserve projected a softer economic contraction this year, but a slower recovery in the coming years. Also, Fed officials signalled rates will stay near 0% for at least 3 years. The greenback reached a 28-month low of 92.144 on August 31st but has risen since then amid rising optimism about the US economic recovery.2020-09-16T18:11:00"
Dow and S&P Extend Gains after Fed,Stock Market,"Dow and S&P Extend Gains after FedUnited States Stock MarketBoth the Dow Jones and the S&P 500 extended gains and the Nasdaq turned positive on Wednesday after the Federal Reserve left the target range for its federal funds rate unchanged at 0%-0.25% as expected and signalled rates will stay at very low levels through 2023. Also, Fed officials projected a softer economic contraction this year, but a slower recovery in the coming years. Banks and energy shares were among the top performers, while tech stocks continued to underperform. Meanwhile, the White House chief of staff Mark Meadows said he was optimistic about Democrats and Republicans reaching a coronavirus stimulus deal.2020-09-16T18:07:00"
Fed Keeps Rates on Hold,Interest Rate,"Fed Keeps Rates on HoldUnited States Interest RateThe Federal Reserve has left the target range for its federal funds rate unchanged at 0-0.25% today, in line with market expectations and signaled it would hold them there through at least 2023 to help the economy recover from the coronavirus pandemic. The Committee will aim to achieve inflation moderately above 2% for some time so that inflation averages 2% over time and longer-term inflation expectations remain well anchored at 2%. The vote was 8-2 with Dallas Fed President Kaplan preferring to retain “greater policy rate flexibility,” and Minneapolis Fed President Kashkari in favor of waiting for a rate hike until “core inflation has reached 2% on a sustained basis.” Fed officials see the US economy shrinking 3.7% in 2020, compared to a 6.5% drop projected in June but see a slower 4% growth in 2021 (vs 5.0% earlier forecasted). The unemployment rate is expected to rise to 7.6% this year (vs 9.3%) and to fall to 5.5% in 2021 (vs 6.5%). 2020-09-16T18:01:00"
US Crude Stocks Unexpectedly Drop,Crude Oil Stocks Change,"US Crude Stocks Unexpectedly DropUnited States Crude Oil Stocks ChangeUS crude oil stocks fell by 4.389 million barrels in the week ended September 11th, 2020, following a 2.032 million increase in the previous period and compared to market expectations of a 1.271 million rise, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 0.381 million barrels, while markets had forecast a smaller 0.160 million decline.2020-09-16T14:32:59.95"
US Business Inventories Rise for 1st Time in 7 Months,Business Inventories,"US Business Inventories Rise for 1st Time in 7 MonthsUnited States Business InventoriesManufacturers’ and trade inventories in the US rose by 0.1 percent from a month earlier in July 2020, following six consecutive periods of declines and matching market expectations. Stocks increased at retailers (1.2 percent vs -2.7 percent in June), but dropped at manufacturers (-0.5 percent vs 0.5 percent) and at merchant wholesalers (-0.3 percent vs -1.3 percent).2020-09-16T14:06:00"
US Mortgage Applications Fall in Latest Week,Mortgage Applications,"US Mortgage Applications Fall in Latest Week United States Mortgage ApplicationsMortgage applications in the United States fell 2.5 percent in the week ended September 11th, after rising 2.9 percent in the previous week, data from the Mortgage Bankers Association showed. Applications to refinance a home loan dropped 3.7 percent and homebuyer mortgage applications declined 0.5 percent. The average fixed 30-year mortgage rate was unchanged at 3.07 percent.2020-09-16T11:02:00"
Dollar Drops for 5th Session Ahead of Fed,Currency,"Dollar Drops for 5th Session Ahead of Fed United States CurrencyThe dollar index fell for a fifth session to below 93 on Wednesday, its longest losing streak in a month ahead of the Fed's interest rate decision. Policymakers are seen holding the target range for the federal funds rate steady at 0-0.25 percent while keeping its dovish tone. Still, investors will follow Chair Jerome Powell's press conference for further details about the possibility of additional stimulus, any hints on how to implement the new average inflation target and clarification about the purchases of Treasury and mortgage-backed securities. The Fed will also release fresh economic and interest rate projections, including forecasts for 2023 for the first time. The greenback reached a 28-month low of 92.144 on August 31st but has risen since then amid rising optimism about the US economic recovery.2020-09-16T10:56:00"
Dollar Index Holds Above 93,Currency,"Dollar Index Holds Above 93United States CurrencyThe dollar index, which measures the greenback against six major peers, held above 93 on Wednesday ahead of the Fed's interest rate decision. Still, expectations the US central bank will maintain its dovish tone and keep interest rates near zero for some time put downward pressure on the greenback.2020-09-16T02:24:04.573"
US Stock Futures Rise Ahead of Fed Policy Decision,Stock Market,"US Stock Futures Rise Ahead of Fed Policy DecisionUnited States Stock MarketUS stock index futures rallied overnight ahead of the Fed's interest rate decision, with investors awaiting an update from the US central bank on the state of the economy and status of any further stimulus. On Tuesday, market sentiment was driven first on upbeat Chinese data and later on a solid increase in US factory output.  The Dow Jones gained 2 points to close flattish at 27,996. The S&P 500 climbed 18 points or 0.5% to 3401. The Nasdaq added 134 points or 1.2% to 11,190.2020-09-16T02:10:55.123"
US Crude Oil Inventories Fall the Most Since 2019,API Crude Oil Stock Change,"US Crude Oil Inventories Fall the Most Since 2019United States API Crude Oil Stock ChangeStocks of crude oil in the United States slumped by 9.5 million barrels in the week ended September 11th of 2020, following a 6.8 million drop in the previous week and compared with analysts' expectations for a build of 2.1 million barrels, data from the American Petroleum Institute showed. It was the biggest fall in oil inventories since the week ended August 23rd, 2019.2020-09-15T21:02:00"
Adobe Systems earnings at 2.57 USD,Earnings,"Adobe Systems earnings at 2.57 USDUnited States EarningsAdobe Systems (ADBE) released earnings per share at 2.57 USD, compared to market expectations of 2.4 USD.2020-09-15T20:27:21.953"
US Stocks Extend Gains,Stock Market,"US Stocks Extend GainsUnited States Stock MarketThe Dow Jones was up more than 100 points, the S&P 500 gained nearly 30 and the Nasdaq jumped around 200 on Tuesday, extending the previous session rally, as tech shares attempted to recover from big losses in recent weeks. Apple stocks were up more than 2% and Amazon and Alphabet gained around 1% each. Investors await the Fed's two-day monetary policy meeting to kick-off in which the central bank is expected to keep its dovish tone. Meanwhile, industrial production figures for August came below forecasts but the New York Empire State Manufacturing Index beat estimates. Earlier, Chinese data showed industrial production and retail sales rose more than expected, suggesting the global economic recovery is gaining traction. 2020-09-15T13:33:00"
US Export Prices Rise for 3rd Month,Export Prices MoM,"US Export Prices Rise for 3rd MonthUnited States Export Prices MoMExport prices in the US increased 0.5 percent from a month earlier in August of 1020, easing from an upwardly revised 0.9 percent rise in July and above market expectations of a 0.4 percent gain. It was the third consecutive monthly gain in export prices. Nonagricultural exports advanced 0.8 percent, easing from a 0.9 percent increase in the previous month led by higher nonagricultural industrial supplies and materials prices; rising prices for consumer goods, capital goods, and nonagricultural foods. Agricultural export prices dropped 2.2 percent, after falling 1.6 percent in each of the previous two months, amid declining prices for vegetables (-11.8 percent), corn (-7.1 percent), and dairy products (-9.9 percent). Year-on-year, export prices declined by 2.8 percent.2020-09-15T12:35:00"
Dollar Extends Losses,Currency,"Dollar Extends Losses United States CurrencyThe safe-haven dollar remained under pressure on Tuesday as risk appetite returned to markets amid hopes for a coronavirus vaccine and big corporate deals in the US. Meanwhile, investors await the Fed monetary policy decision on Wednesday although the central bank is expected to keep its dovish tone. The dollar index traded below 93, the lowest on a closing basis in over a week. The greenback reached a 28-month low of 92.144 on August 31st but has risen since then amid rising optimism about the US economic recovery.2020-09-15T07:49:00"
US Futures Extend Gains,Stock Market,"US Futures Extend GainsUnited States Stock MarketContracts on the Dow Jones futures were up near 100 points, the S&P 500 gained near 10 and the Nasdaq near 50 on Tuesday, extending a rally in the previous session, as tech shares attempted to recover from big losses in recent weeks. Investors await the Fed's two-day monetary policy meeting to kick-off later in the day in which the central bank is expected to keep its dovish tone. On Monday, the Dow Jones jumped 328 points or 1.2% to 27,993. The S&P 500 climbed 43 points or 1.3% to 3384. The Nasdaq surged 203 points or 1.9% to 11,057.2020-09-15T07:41:00"
US Stocks Surge on Monday,Stock Market,"US Stocks Surge on MondayUnited States Stock MarketWall Street rallied on Monday following Nasdaq’s worst week since March, as signs of progress in developing a coronavirus vaccine and slew of M&A activity lifted sentiment. On the corporate side, Nvidia announced the purchase of chipmaker Arm Holdings from SoftBank for $40 billion, while ByteDance chose Oracle to be TikTok’s US technology partner. Also, Gilead said it will acquire Immunomedics for $21 billion to expand its cancer treatments, while DraftKings announced it will integrate its content into ESPN’s digital offerings and studio shows. Sentiment was also lifted by the resumption of AstraZeneca’s trial for its coronavirus vaccine candidate. The Dow Jones jumped 328 points or 1.2% to 27,993. The S&P 500 climbed 43 points or 1.3% to 3384. The Nasdaq surged 203 points or 1.9% to 11,057.
2020-09-14T20:04:00"
US Stocks Rally Led by Tech,Stock Market,"US Stocks Rally Led by TechUnited States Stock MarketWall Street rallied on Monday, attempting to recover from first back-to-back weekly declines in months. The Dow Jones gained near 400 points, the S&P 500 more than 50 and the Nasdaq around 250. Tech shares were among the top performers after Nvidia has agreed to buy Arm Holdings from Softbank in a deal worth $40 billion while Bytedance said will not sell TikTok’s US operations to Microsoft but will pursuit a partnership with Oracle. Also, Gilead Sciences will buy Immunomedics in a $21 billion. Meanwhile, traders await the Fed monetary policy decision later in the week with the central bank expected to keep its dovish tone. 2020-09-14T13:34:00"
US Futures Rally to Start the Week,Stock Market,"US Futures Rally to Start the WeekUnited States Stock MarketUS futures pointed to strong gains at the open on Monday, attempting to recover from first back-to-back weekly declines in months amid a tech sell-off. Contracts on the Dow Jones futures were up near 200 points, the S&P 500 more than 30 and the Nasdaq around 150. Investors welcomed news about resumption of trials for Astrazeneca coronavirus vaccine. On the corporate front, Nvidia has agreed to buy Arm Holdings from Softbank in a deal worth $40 billion while Bytedance said will not sell TikTok’s US operations to Microsoft but will pursuit a partnership with Oracle. Meanwhile, traders await the Fed monetary policy decision later in the week with the central bank expected to keep its dovish tone. Last week, the Dow Jones fell 1.7%, the S&P 500 shed 2.5%, its biggest weekly loss since June, and the Nasdaq retreated 4.1%, its worst week since March.2020-09-14T08:02:00"
US Dollar Stays Under Pressure,Currency,"US Dollar Stays Under PressureUnited States CurrencyThe safe-haven dollar remained under pressure on Tuesday as risk appetite returned to markets after AstraZeneca resumed its phase three trials. The dollar index traded around 93, the lowest on a closing basis in over a week. The greenback reached a 28-month low of 92.144 on August 31st but has recovered more than 1% since then amid rising optimism about the US economic recovery.2020-09-14T02:01:00"
Dollar Posts 2nd Straight Weekly Gain,Currency,"Dollar Posts 2nd Straight Weekly GainUnited States CurrencyThe dollar index edged down 0.1% to around 92.3 on Friday, but booked a weekly gain of 0.6%, the first back-to-back weekly gain since May. The dollar reached a 28-month low of 92.144 on August 31st but has recovered more than 1% since then amid rising optimism about the US economic recovery.2020-09-11T20:49:00"
US Inflation Rate Rises More than Expected,Inflation Rate,"US Inflation Rate Rises More than ExpectedUnited States Inflation RateAnnual inflation rate in the US increased to 1.3% in August of 2020 from 1% in July, beating market forecasts of 1.2%. It is the highest rate since March. Cost for used cars and trucks rebounded (4% vs -0.9% in July), prices for new vehicles increased faster (0.7% vs 0.5%), and energy cost dropped less (-9% vs -11.2%). At the same time, inflation for food (4.1%) and shelter (2.3%) was steady. In contrast, prices slowed for medical care commodities (0.8% vs 1.1%) and medical care services (5.3% vs 5.9%) and the deflation deepened for apparel (-5.9% vs -6.5%) and transportation services (-4% vs -3.7%). On a monthly basis, consumer prices went up 0.4%, also above forecasts of 0.3%: a sharp rise in the used cars and trucks index was the largest factor, but the indexes for gasoline, shelter, recreation, and household furnishings and operations also contributed. Excluding food and energy, annual core inflation edged up to 1.7% from 1.6%.2020-09-11T12:32:00"
Dollar on Track for 2nd Week of Gains,Currency,"Dollar on Track for 2nd Week of GainsUnited States CurrencyThe dollar index traded around 93.2 on Friday and was on track to report an 0.5% for the week, the first back-to-back weekly gain since May. The dollar reached a 28-month low of 92.144 on August 31st but has recovered more than 1% since then amid rising optimism about the US economic recovery.2020-09-11T09:19:00"
US Futures Point to Big Gains at the Open,Stock Market,"US Futures Point to Big Gains at the OpenUnited States Stock MarketUS futures traded sharply higher on Friday, attempting to recover from the previous session losses, as investors try to shrug off tech valuation and a Senate rejection of new Republican stimulus bill. Futures contracts tied to the Dow Jones rose more than 200 points, the S&P 500 more than 30 and the Nasdaq near 100 points. So far on the week, both the Dow and the S&P 500 fell more than 2% and the Nasdaq plunged 3.5%. On Thursday, the Dow Jones lost 406 points or 1.5% to 27,535. The S&P 500 shed 60 points or 1.8% to 3339. The Nasdaq plunged 222 points or 2% to 10,920.2020-09-11T07:36:00"
Oracle earnings at 0.93 USD,Earnings,"Oracle earnings at 0.93 USDUnited States EarningsOracle (ORCL) released earnings per share at 0.93 USD, compared to market expectations of 0.86 USD.2020-09-10T20:16:34.35"
Dollar Bounces Back,Currency,"Dollar Bounces Back United States CurrencyThe dollar has been steady above the 93 mark, supported by gains against sterling on ongoing worries about Brexit and as risk appetite eased with a sell-off on Wall Street. 2020-09-10T19:18:00"
US Crude Inventories Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly RiseUnited States Crude Oil Stocks ChangeUS crude oil stocks increased by 2.032 million barrels in the week ended September 4th 2020, the first rise in seven weeks and compared to market expectations of a 1.887 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 2.954 million barrels, while markets had forecast a smaller 2.384 million decline.2020-09-10T15:02:00"
US Wholesale Inventories Revised Down,Wholesale Inventories,"US Wholesale Inventories Revised DownUnited States Wholesale InventoriesWholesale inventories in the US fell 0.3 percent month-over-month in July of 2020, more than an initial estimate of a 0.1 percent drop, and following a 1.3 percent decline in June. Stocks fell for durabe goods (-0.9 percent), namely professional equipment (-2.7 percent) and autos (-0.6 percent), but rose for nondurables (0.6 percent), mainly drugs (3.1 percent) and groceries (0.5 percent). Year-on-year, wholesale inventories fell 5.6 percent.2020-09-10T14:08:46.963"
Dollar Extends Losses after ECB,Currency,"Dollar Extends Losses after ECBUnited States CurrencyThe dollar index extended the declines to below 92.8 on Thursday, prompted by a stronger Euro after the ECB revised its 2020 outlook up despite a stronger currency and deflationary pressures. Meanwhile, the Fed is seen leaving rates at a record low for some time. 2020-09-10T13:19:19.807"
Dollar Edges Down as Investors Await ECB Press Conference,Currency,"Dollar Edges Down as Investors Await ECB Press ConferenceUnited States CurrencyThe dollar index traded lower around 93 on Thursday, below a 4-week high touched early this week, amid a Euro strength as investors expect a more Dovish tone from the central bank during the press conference after the monetary policy release. 2020-09-10T12:03:01.507"
US Futures Little-Changed Ahead of Claims,Stock Market,"US Futures Little-Changed Ahead of ClaimsUnited States Stock MarketUS futures traded around the flatline on Thursday as investors take a breather after a big rally in the previous session. Meanwhile, the initial claims are set to remain below 1 million for the second straight week, a sign the labour market is slowly recovering from the coronavirus pandemic. On Wednesday, the Dow Jones added 440 points or 1.6% to 27,941. The S&P 500 climbed 67 points or 2% to 3399. The Nasdaq jumped 294 points or 2.7% to 11,142.2020-09-10T10:21:06.313"
US Futures Fail to Hold Gains,Stock Market,"US Futures Fail to Hold GainsUnited States Stock MarketUS futures traded slightly lower on Thursday, with contracts on the Dow Jones falling near 50 points, the S&P 500 near 10 points and the Nasdaq near 50 points as investors take a breather after a big rally in the previous session. Meanwhile, the initial claims are set to remain below 1 million for the second straight week, a sign the labour market is slowly recovering from the coronavirus pandemic. On Wednesday, the Dow Jones added 440 points or 1.6% to 27,941. The S&P 500 climbed 67 points or 2% to 3399. The Nasdaq jumped 294 points or 2.7% to 11,142.2020-09-10T07:51:00"
API: US Crude Oil Inventories Unexpectedly Rise,API Crude Oil Stock Change,"API: US Crude Oil Inventories Unexpectedly RiseUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 2.9 million barrels in the week ended September 4th, 2020, after a 6.36 million draw in the previous week and compared with market expectations of a 1.4 million drop, data from the American Petroleum Institute showed.2020-09-09T21:35:00"
Nasdaq Books Best Session Since April,Stock Market,"Nasdaq Books Best Session Since AprilUnited States Stock MarketWall Street rallied on Wednesday nudged by the tech sector’s biggest one-day gain since April. All six big tech stocks Microsoft, Amazon, Alphabet, Facebook, Tesla, and Apple ended in positive territory. Investors appeared to shrug off news that AstraZeneca had paused trials of its experimental COVID-19 vaccine after an unexplained illness in one of the volunteers. The Dow Jones added 440 points or 1.6% to 27,941. The S&P 500 climbed 67 points or 2% to 3399. The Nasdaq jumped 294 points or 2.7% to 11,142.2020-09-09T20:04:00"
Dow Jones is up by 2%,stock market,Dow Jones is up by 2%United States stock marketDow Jones Industrial Average increased 2% to 280492020-09-09T15:45:01.46
DXY Falls Slightly,Currency,"DXY Falls SlightlyUnited States CurrencyThe dollar index was trading around 93.2 on Thursday, below a 4-week high touched early this week as interest in risky assets increased after a sell-off in US tech shares halted and investors shrugged off news that AstraZeneca had paused trials of its experimental COVID-19 vaccine. Meanwhile, the ECB is expected to hold interest rates later today but will likely signal more stimulus before the end of the year as downside risks have intensified.2020-09-09T14:17:00"
US Stocks Rebound after Big Tech Sell-off,Stock Market,"US Stocks Rebound after Big Tech Sell-offUnited States Stock MarketMain US stock market indexes rebounded on Wednesday, as a sell-off in tech stocks halted, and as investors shrugged off news that AstraZeneca had paused trials of its experimental COVID-19 vaccine. The Dow Jones was up more than 300 points, the S&P 500 more than 40 points and the Nasdaq gained more than 200 points. All six big tech stocks Microsoft, Amazon, Alphabet, Facebook, Tesla and Apple were trading in positive territory.
2020-09-09T13:32:00"
US Futures Point to Gains after Big Tech Sell-off,Stock Market,"US Futures Point to Gains after Big Tech Sell-offUnited States Stock MarketUS futures attempted to rebound from a big tech rout in the previous session, with the Dow rising more than 100 points, the S&P 500 more than 20 points and contracts on the Nasdaq gained more than 1%. Investors try to shrug off a tech-rout plunge which drove the Nasdaq into correction territory and sent Tesla shares down 21%, its biggest one-day decline ever. Technology shares have been under pressure amid high valuation concerns and have lost 10% in 3 sessions, the worst sell-off in tech shares since March. Meanwhile, AstraZeneca paused its coronavirus vaccine trials after a person participating in one of the studies got sick, which could be a potential reaction to the vaccine. On Tuesday, the Dow Jones retreated 633 points or 2.3% to 27,501. The S&P 500 shed 95 points or 2.8% to 3332. The Nasdaq plummeted 465 points or 4.1% to 10,848.2020-09-09T11:43:00"
US Futures Rebound,Stock Market,"US Futures ReboundUnited States Stock MarketDow Jones futures were up more than 100 points on Wednesday, the S&P 500 more than 20 points and contracts on the Nasdaq gained more than 1% as stocks attempt to rebound from a big tech rout the day before. Technology shares have been under pressure amid high valuation concerns and have lost 10% in 3 sessions, the worst sell-off in tech shares since March. Meanwhile, AstraZeneca paused its coronavirus vaccine trials after a person participating in one of the studies got sick, which could be a potential reaction to the vaccine. On Tuesday, the Dow Jones retreated 633 points or 2.3% to 27,501. The S&P 500 shed 95 points or 2.8% to 3332. The Nasdaq plummeted 465 points or 4.1% to 10,848. 2020-09-09T07:08:00"
Dollar Index Hits 4-week High,currency,Dollar Index Hits 4-week HighUnited States currencyDXY increased to a 4-week high of 93.6022020-09-09T06:40:00.063
DXY Strengthens to Almost 1-Month High,Currency,"DXY Strengthens to Almost 1-Month HighUnited States CurrencyThe dollar index held steady at an almost 1-month high of 93.5 on Tuesday afternoon as the pound and euro weakened and as investors moved to safe-haven assets on US stocks sell-off. The ECB is expected to hold interest rates on Thursday but signal more stimulus before the end of year as downside risks have intensified. Meanwhile, the pound has been under pressure after the UK threatened to leave the EU without a deal. On the macro side, the latest US labor report showed the economy continued to create jobs last month and the unemployment rate dropped to 8.4% fueling hopes of a fast recovery. 2020-09-08T22:30:00"
US Stocks Resume Sell-Off,Stock Market,"US Stocks Resume Sell-OffUnited States Stock MarketThe selloff on Wall Street extended into a third day on Tuesday, as technology shares now accumulate a 10% drop in three days on high valuation concerns. Leading the tech rout was Tesla, with stocks of the carmaker cratering more than 20%, recording their worst day on record after the company was not included in the S&P 500 index. Meanwhile, China accused the United States of “bullying” as it launched a global data security initiative, as Washington continues to pressure Big Tech and lobby countries to block them. The Dow Jones retreated 633 points or 2.3% to 27,501. The S&P 500 shed 95 points or 2.8% to 3332. The Nasdaq plummeted 465 points or 4.1% to 10,848.
2020-09-08T20:04:00"
US Consumer Credit Grows Below Expectations,Consumer Credit,"US Consumer Credit Grows Below ExpectationsUnited States Consumer CreditConsumer credit in the United States increased by $12.25 billion in July 2020 after increasing by an upwardly revised $11.4 billion in the previous month, missing market expectations of a $13.75 billion increase. Total revolving credit declined by $0.3 billion after falling by $1.8 billion in June, whereas non-revolving credit increased $12.6 billion after rising by an upwardly revised $13.1 billion. On an annual basis, consumer credit climbed by 3.6 percent after rising 3.3 percent in the previous month.
2020-09-08T19:07:00"
Stocks in United States Hit 4-week Low,Stock Market,Stocks in United States Hit 4-week LowUnited States Stock MarketDow Jones decreased to a 4-week low of 274982020-09-08T19:04:11.293
Dollar Extends Gains,Currency,"Dollar Extends GainsUnited States CurrencyThe dollar index extended gains to trade around 2 week high of 93.5 on Tuesday, as pound and euro weakened and as investors moved to safe heaven assets on US stocks sell off. The ECB is expected to hold interest rates on Thursday but signal more stimulus before the end of year as downside risks have intensified. Meanwhile, the pound has been under pressure after the UK threatened to leave the EU without a deal. On the macro side, the latest US labour report showed the economy continued to create jobs last month and the unemployment rate dropped to 8.4% fuelling hopes of a fast recovery. Still, the dollar remains close to levels not seen since 2018 on expectations the Fed will keep short-term interest rates near zero for years to come.2020-09-08T13:56:00"
Stocks in United States Hit 4-week Low,Stock Market,Stocks in United States Hit 4-week LowUnited States Stock MarketS&P 500 decreased to a 4-week low of 33492020-09-08T13:41:35.073
US Stocks Sink as Tech Rout Accelerates,Stock Market,"US Stocks Sink as Tech Rout AcceleratesUnited States Stock MarketThe Dow Jones sank more than 600 points, the S&P 500 fell more than 90 points and the Nasdaq plunged over 4% on Tuesday as investors return from the Labor Day holiday, and the tech sell-off continues on valuation concerns. Tesla shares lost near 17% after the company was not included in S&P 500 index. Meanwhile, tensions between the US and China mount after President Trump raised the idea of decoupling from China, a day after his administration said is considering imposing export restrictions on China’s most advanced manufacturer of semiconductors. 2020-09-08T13:33:00"
Optimism Among Small American Businesses Rises,NFIB Business Optimism Index,"Optimism Among Small American Businesses RisesUnited States NFIB Business Optimism IndexThe NFIB Business Optimism Index in the United States increased to 100.2 in August of 2020 from 98.8 in July of 2020 and slightly above the long-term average of 98.4. The percentage of owners thinking it is a good time to expand increased one point to 12% while expectations among small-business owners regarding the improvement of the economy and of higher sales declined. ""We are seeing areas of improvement in the small business economy, as job openings and plans to hire are increasing, but many small businesses are still struggling and are uncertain about what the future will hold,"" NFIB's chief economist Bill Dunkelberg said.2020-09-08T10:42:00"
US Stocks Set to Plunge as Tech Rout Continues,Stock Market,"US Stocks Set to Plunge as Tech Rout ContinuesUnited States Stock MarketContracts on the Dow Jones futures were down near 200 points on Tuesday while those on the S&P 500 fell near 50 points and the Nasdaq plunged more than 3% as tech shares remain under pressure on valuation issues. Investors return Tuesday from the Labor Day holiday, and the tech sector is on track to continue the previous week sell-off. Tesla shares sank more than 12% in premarket trading after the company was not included in S&P 500 index. Meanwhile, tensions between the US and China mount after President Trump raised the idea of decoupling from China, a day after his administration said is considering imposing export restrictions on China’s most advanced manufacturer of semiconductors. Last week, the Dow Jones lost 1.8%, the S&P 500 shed 2.3%, and the Nasdaq declined 3.3%, the most since March.2020-09-08T10:29:00"
US Futures Reverse Gains as Tech Rout Continues,Stock Market,"US Futures Reverse Gains as Tech Rout ContinuesUnited States Stock MarketContracts on the Dow Jones traded around the flatline on Tuesday while those on the S&P 500 fell near 10 points and the Nasdaq plunged near 2% as tech shares remain under pressure on valuation issues. Investors return Tuesday from the Labor Day holiday, and the tech sector is on track to continue the previous week sell-off. Meanwhile, tensions between the US and China mount after President Trump raised the idea of decoupling from China, a day after his administration said is considering imposing export restrictions on China’s most advanced manufacturer of semiconductors. Last week, the Dow Jones lost 1.8%, the S&P 500 shed 2.3%, and the Nasdaq declined 3.3%, the most since March.2020-09-08T08:53:34.78"
Dow Futures Rise 200 Points,Stock Market,"Dow Futures Rise 200 PointsUnited States Stock MarketWall Street looks set to begin a holiday-shortened week higher with US stocks attempting to rebound from a massive tech sell-off last week. However, investors remained worried that any rally could be short-lived amid persistent concerns about the disconnection between rising stock prices and a turbulent economy. Meanwhile, US-China tensions mount after the American Department of Defense said it is considering imposing export restrictions on China’s most advanced manufacturer of semiconductors. Last week, the Dow Jones lost 1.8%, the S&P 500 shed 2.3%, and the Nasdaq declined 3.3%, the most since March.2020-09-08T00:22:23.163"
US Futures Attempt to Recover,Stock Market,"US Futures Attempt to RecoverUnited States Stock MarketUS stocks are seen opening mixed on Tuesday trying to rebound from last week losses as investors continue to question tech valuation after a rise in trading volume in companies like Apple and Tesla in recent weeks. Meanwhile, US-China tensions mount after the American Department of Defense said it is considering imposing export restrictions on Semiconductor Manufacturing International Corporation, China’s largest manufacturer of semiconductors. Markets will be closed today for the Labor Day holiday. Nasdaq futures were down more than 1% on Monday, while the Dow edged up and the S&P 500 reversed earlier losses to trade near the flatline. Last week, the Dow Jones lost 1.8%, the S&P 500 shed 2.3% and the Nasdaq declined 3.3%, the most since March. 2020-09-07T12:11:00"
US Futures Extend Losses as Tech Rout Continues,Stock Market,"US Futures Extend Losses as Tech Rout ContinuesUnited States Stock MarketUS stocks are seen extending losses from last week when markets re-open on Tuesday as investors continue to question tech valuation. Nasdaq futures were down near 1.5% on Monday, the S&P 500 fell 0.5% and the Dow was flat. Tech shares were again under pressure as investors take a breather and start questioning the value of the sector after a rise in trading volume in companies like Apple and Tesla in recent weeks. Meanwhile, US-China tensions mount after the American Department of Defense said it is considering imposing export restrictions on Semiconductor Manufacturing International Corporation, China’s largest manufacturer of semiconductors. Last week, the Dow Jones lost 1.8%, the S&P 500 shed 2.3% and the Nasdaq declined 3.3%, the most since March. Markets will be closed on Monday for the Labor Day holiday.2020-09-07T08:29:00"
Dollar Index Hovers Near 93,Currency,"Dollar Index Hovers Near 93United States CurrencyThe US dollar index was trading above 93 levels on Tuesday as recent US upbeat economic data fueled hopes of a recovery in the world’s largest economy. The latest US employment report showed that the economy continued to create jobs last month while the unemployment rate dropped to 8.4%. Still, the dollar remains under pressure on expectations that the Fed will keep short-term interest rates near zero for years to come. 2020-09-07T00:53:00"
Russell 2000 Hits 4-week Low,Stock Market,Russell 2000 Hits 4-week LowUnited States Stock MarketRussell 2000 decreased to a 4-week low of 15282020-09-04T14:34:08.197
US Treasury Yields Rise after Jobs Report,Government Bond 10Y,"US Treasury Yields Rise after Jobs ReportUnited States Government Bond 10YUS government debt prices fell on Friday, after the jobs report for August showed the unemployment rate fell to 8.4 percent from 10.2 percent in July and below market consensus of 9.8 percent. Still, nonfarm payrolls rose by 1.371 million, slowing from a 1.734 million in July and below forecast of 1.4 million. The 10-year Treasury note rose to 0.68%; the 2-year bond yield advanced to 0.14%; and the 30-year note climbed to 1.42%. The gap between yields on two- and 10-year Treasury notes, which is viewed as an indicator of economic expectations, widened to 53.60bps.2020-09-04T14:16:00"
US Average Hourly Earnings Unexpectedly Rise,Average Hourly Earnings,"US Average Hourly Earnings Unexpectedly RiseUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls rose by 11 cents, or 0.4 percent to USD 29.47 in August of 2020, beating market expectations of no growth. Average hourly earnings of private-sector production and nonsupervisory employees increased by 18 cents to USD 24.81, following a decrease of 10 cents in the prior month. The large employment fluctuations over the past several months--especially in industries with lower-paid workers--complicate the analysis of recent trends in average hourly earnings. 2020-09-04T12:37:00"
US Futures Mixed ahead of Nonfarm Payrolls,Stock Market,"US Futures Mixed ahead of Nonfarm PayrollsUnited States Stock MarketUS futures erased earlier gains on Friday with the Dow rising near 100 points after jumping more than 200 points while the S&P 500 was nearly flat and the Nasdaq traded in the red. Investors try to shrug off a tech-rout plunge in the previous session which sent Apple shares down 8%, Microsoft more than 6% and Alphabet more than 5% as traders took a breather after big gains for the sector in recent weeks. Focus now turn to the jobs report due later in the day for a clearer picture about the pace of the US economic recovery after disappointing ADP numbers. On Thursday, the Dow Jones tumbled 809 points or 2.8% to 28,292, its biggest drop since early June. The S&P 500 plunged 126 points or 3.5% to 3455, its biggest drop since early June. The Nasdaq plummeted 598 points or 5% to 11,458, the largest decline since March.2020-09-04T11:59:00"
US Unemployment Rate Seen Falling to 9.8%,Unemployment Rate,"US Unemployment Rate Seen Falling to 9.8%United States Unemployment RateThe unemployment rate in the US is seen falling to 9.8 percent in August of 2020 from 10.2 percent in July, which would mark the 4th straight decline after hitting 14.7 percent in April. Still, the jobless rate would remain well above 3.5 percent in February, before the coronavirus hit and only slightly lower the 2008/2009 financial crisis peak of 10 percent. The pandemic is far from controlled and many companies have not extended its labour force yet with workers being recalled from furloughs or temporary layoffs. Also, companies including United Airlines, American Airlines and Ford announced plans to furlough or cut jobs. 2020-09-04T09:18:12.21"
US Futures Point to Gains after Big Tech Slump,Stock Market,"US Futures Point to Gains after Big Tech SlumpUnited States Stock MarketUS futures attempted to rebound from a big plunge in the previous session, with the Dow rising more than 200 points on Friday, the S&P 500 more than 20 points and the Nasdaq around the flatline. Investors try to shrug off a tech-rout plunge which sent Apple shares down 8%, Microsoft more than 6% and Alphabet more than 5% on Thursday as traders took a breather after big gains for the sector in recent weeks. Focus now turn to the jobs report due later in the day for a clearer picture about the pace of the US economic recovery after disappointing ADP numbers. On Thursday, the Dow Jones tumbled 809 points or 2.8% to 28,292, its biggest drop since early June. The S&P 500 plunged 126 points or 3.5% to 3455, its biggest drop since early June. The Nasdaq plummeted 598 points or 5% to 11,458, the largest decline since March.2020-09-04T09:04:00"
Dow Futures Down Nearly 200 points,Stock Market,"Dow Futures Down Nearly 200 pointsUnited States Stock MarketUS stock index futures sank Thursday night, as steep losses in technology stocks put Wall Street on track for another weekly loss. Investors have been growing anxious about the disconnection between rising stock prices and a turbulent economy, with the VIX jumping 7% to break above 30 as volatility increased on Thursday. Traders are now awaiting the US Non-farm payrolls report for August due later on Friday, after the disappointing ADP jobs report. On Thursday, the Dow Jones tumbled 809 points or 2.8% to 28,292, its biggest drop since early June. The S&P 500 plunged 126 points or 3.5% to 3455, its biggest drop since early June. The Nasdaq plummeted 598 points or 5% to 11,458, the largest decline since March.2020-09-03T23:57:00"
US Stocks Suffer Worst Sell-Off Since June,Stock Market,"US Stocks Suffer Worst Sell-Off Since JuneUnited States Stock MarketWall Street sank on Thursday, retreating from all-time high, as a sell-off in the tech sector triggered by profit-tacking and valuation concerns in a wake of weak economic data dragged large caps. Initial claims fell below 1M but the drop was partially linked to changes in the seasonal adjustment methodology, exports and imports remained below pre-pandemic levels and ISM PMI suggested the services sector recovery slowed. The Dow Jones tumbled 809 points or 2.8% to 28,292, its biggest drop since early June. The S&P 500 plunged 126 points or 3.5% to 3455, its biggest drop since early June. The Nasdaq plummeted 598 points or 5% to 11,458, the largest decline since March.
2020-09-03T20:04:00"
Dow Jones is down by 2.02%,stock market,Dow Jones is down by 2.02%United States stock marketDow Jones Industrial Average decreased 2.02% to 285142020-09-03T15:57:49.593
"US Stocks Tumble after Strong Rally, Nasdaq Plunges 4%",Stock Market,"US Stocks Tumble after Strong Rally, Nasdaq Plunges 4%United States Stock MarketThe Dow Jones and the Nasdaq tumbled more than 500 points and the S&P 500 lost around 100 points, led by a sell-off in tech shares. Investors also digested data showing initial claims fell below 1M while the drop was partially linked to changes in the seasonal adjustment methodology used by the Labor Department. Also, trade numbers showed both exports and imports remained below pre-pandemic levels and ISM PMI data suggested the services sector recovery slowed in August.2020-09-03T14:10:00"
US Private Sector Activity Grows Most in 1-1/2 Years,Composite Pmi,"US Private Sector Activity Grows Most in 1-1/2 YearsUnited States Composite PmiThe IHS Markit US Composite PMI came in at 54.6 in August 2020, little-changed from a preliminary estimate of 54.7, signaling the strongest upturn in business activity since March 2019. New orders rose for the first time since February, with new export orders also returning to growth territory, while employment increase by the most since February 2019. On the price front, input cost inflation was the highest since October 2018, while the rate of output charge inflation softened.2020-09-03T14:00:18.16"
US Services PMI Revised Higher to 17-Month High,Services PMI,"US Services PMI Revised Higher to 17-Month HighUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 55.0 in August 2020 from a preliminary estimate of 54.8 and compared to July's final reading of 50.0. The latest number pointed to the strongest pace of expansion in the service sector since March 2019, due to greater client demand and the further reopening of businesses. New business rose the most since July 2019, with new export orders increasing the most since comparable records began in September 2014. In addition, the pace of job creation was the quickest since June 2014 and backlogs of work rose the most since data collection began in October 2009. On the price front, input cost inflation was the second-highest since October 2018 and the rate of output charge inflation was the second-sharpest for almost two years. Finally, service providers registered a solid degree of confidence with regards to the outlook for output over the coming year.2020-09-03T13:52:00"
US Stocks Take a Breather after Strong Rally in the Week,Stock Market,"US Stocks Take a Breather after Strong Rally in the WeekUnited States Stock MarketThe Dow Jones traded around the flatline on Thursday while both the S&P 500 and the Nasdaq retreated from record highs as investors took a breather after a rally the day before. Tech shares were among the worst performers although the sector led stocks higher in recent weeks. Meanwhile, initial claims came below market expectations but the drop is more related to changes in the seasonal adjustment methodology used by the Labor Department. Also, the US trade gap was the highest since 2008 and both exports and imports remained below pre-pandemic levels. Investors also await the ISM non-manufacturing PMI figures to be released later in the day.2020-09-03T13:34:00"
Dow Futures Erase Losses after Claims Report,Stock Market,"Dow Futures Erase Losses after Claims ReportUnited States Stock MarketDow futures reversed earlier losses to trade slightly higher on Thursday after the claims report showed initial claims below market expectations. Meanwhile, the S&P 500 and the Nasdaq continued to trade in the red as investors took a breather after a rally the day before. Cyclical stocks outperformed on Wednesday, in a sign of a broader economic recovery from the coronavirus pandemic. Meanwhile, investors await the ISM non-manufacturing PMI figures to be released later in the day. On Wednesday, the Dow Jones soared 455 points or 1.6% to 29,099. The S&P 500 jumped 54 points or 1.5% to a new high 3581. The Nasdaq climbed 117 points or 1% to a fresh record 12,056.2020-09-03T12:44:00"
US Productivity Rises More than Initially Thought,Productivity,"US Productivity Rises More than Initially Thought United States ProductivityLabor productivity in the US non-farm business sector rose by an annualized 10.1 percent during the second quarter of 2020, well above a preliminary estimate of a 7.3 percent increase mainly due to a 1.8 percentage point upward revision to output. Unit labor costs increased 9.0 percent, a smaller increase than previously reported (12.2 percent). This downward revision is largely due to the 2.8 percentage point upward revision to productivity; the remaining revision comes from hourly compensation being revised down 0.4 percentage point, from a 20.4 percent increase to a 20.0 percent increase.2020-09-03T12:41:00"
US Imports Surge Near 11%,Imports,"US Imports Surge Near 11%United States ImportsUS imports jumped 10.9 percent month-over-month to $231.7 billion in July of 2020, the highest reading since March. Still, imports remained below pre-pandemic levels, reflecting the ongoing impact of COVID-19, as many businesses continued to operate at limited capacity or ceased operations completely, and the movement of travelers across borders remained restricted. Purchases of goods increased $21.5 billion to $196.4 billion in July, mainly due to passenger cars ($3.7 billion); automotive parts and accessories ($2.5 billion); industrial supplies and materials ($4.4 billion); finished metal shapes ($1.3 billion); nonmonetary gold ($0.9 billion); crude oil ($0.7 billion); civilian aircraft ($1.7 billion); and cell phones and other household goods ($1.7 billion). Imports of services increased $1.2 billion to $35.3 billion, namely transport ($0.5 billion); travel ($0.3 billion); charges for the use of intellectual property ($0.1 billion) and insurance services ($0.1 billion). 2020-09-03T12:41:00"
US Exports at 4-Month High,Exports,"US Exports at 4-Month HighUnited States ExportsExports from the US increased 8.2 percent to $168.1 billion in July of 2020, reaching the highest value since March. Still, exports remained below pre-pandemic levels, reflecting the ongoing impact of COVID-19, as many businesses continued to operate at limited capacity or ceased operations completely, and the movement of travelers across borders remained restricted. Exports of goods increased $12.3 billion to $115.5 billion, mainly due to passenger cars ($2.1 billion); consumer goods ($2.6 billion); gem diamonds ($0.7 billion); artwork, antiques, and other collectibles ($0.6 billion); industrial supplies and materials ($2.5 billion); crude oil ($1.1 billion); other petroleum products ($0.4 billion); semiconductors ($0.8 billion); and civilian aircraft engines ($0.5 billion). Exports of services increased $0.4 billion to $52.6 billion, mainly due to transport ($0.3 billion) and charges for the use of intellectual property ($0.1 billion); while sales for travel decreased $0.4 billion.2020-09-03T12:38:00"
US Q2 Nonfarm Labor Costs Revised Lower,Labour Costs,"US Q2 Nonfarm Labor Costs Revised LowerUnited States Labour CostsUnit labor costs in the US nonfarm business sector climbed at an annual rate of 9.0 percent in the second quarter of 2020, compared to a preliminary estimate of a 12.2 percent gain and following a 9.6 percent rise in the prior period. A 20 percent increase in hourly compensation outpaced the 10.1 percent increase in productivity.2020-09-03T12:35:00"
US Companies Cut Near 116K Jobs in August,Challenger Job Cuts,"US Companies Cut Near 116K Jobs in AugustUnited States Challenger Job CutsUS-based employers announced 15,762 jobs cuts in August of 2020, down 56 percent from July. Still, it is the highest total for August month since 2002 as increasing number of companies that initially had temporary job cuts or furloughs are now making them permanent. 
The most jobs were lost in transportation (26,545) as airlines begin to make staffing decisions in the wake of decreased travel and uncertain federal intervention. This was followed by entertainment/Leisure companies, including bars, restaurants, hotels, and amusement parks, with 17,271 job cuts. Considering the first eight months of the year, US employers announced a record 1.963 million cuts. “Both companies and workers are grappling with increasing uncertainty due to stalled economic relief, the approaching election, and child care and education concerns. This is undoubtedly impacting talent management concerns,” said Challenger.
2020-09-03T11:33:00"
US Futures Take a Breather,Stock Market,"US Futures Take a BreatherUnited States Stock MarketDow futures were nearly flat while the S&P 500 and the Nasdaq traded in the red on Thursday as investors took a breather after a rally the day before. Cyclical stocks outperformed on Wednesday, in a sign of a broader economic recovery from the coronavirus pandemic. Meanwhile, investors await the claims reports, the ISM non-manufacturing PMI, productivity and trade figures to be released later in the day. On Wednesday, the Dow Jones soared 455 points or 1.6% to 29,099. The S&P 500 jumped 54 points or 1.5% to a new high 3581. The Nasdaq climbed 117 points or 1% to a fresh record 12,056..2020-09-03T07:39:00"
"Nasdaq, S&P 500 Book New Records",Stock Market,"Nasdaq, S&P 500 Book New RecordsUnited States Stock MarketUS stocks closed higher Wednesday, with the Dow Jones rising more than 400 points while both the S&P 500 and Nasdaq hit fresh record highs as investors shrugged off the disappointing ADP jobs report. The stock market's rally back to all-time highs has been fuelled by expectations for more monetary stimulus from the Fed to help nurse the US economy through the coronavirus pandemic. Jerome Powell has announced a major policy shift were the central bank will allow inflation to run above the target to support the labour market. Meanwhile, Treasury Secretary Steven Mnuchin initiated talks with the House Speaker Pelosi for another fiscal stimulus after negotiations between the Democrats and the Republicans broke up almost a month ago. The Dow Jones soared 455 points or 1.6% to 29,099. The S&P 500 jumped 54 points or 1.5% to 3581. The Nasdaq climbed 117 points or 1% to 12,056.
2020-09-02T20:04:00"
Dow Jumps 500 Points,Stock Market,"Dow Jumps 500 Points United States Stock MarketUS stocks extended gains in afternoon trading Wednesday, with the Dow Jones rising more than 500 points while both the S&P 500 and Nasdaq hit fresh record highs as investors shrugged off the disappointing ADP jobs report. The stock market's rally back to all-time highs has been fuelled by expectations for more monetary stimulus from the Fed to help nurse the US economy through the coronavirus pandemic. Jerome Powell has announced a major policy shift were the central bank will allow inflation to run above the target to support the labour market. Meanwhile, Treasury Secretary Steven Mnuchin initiated talks with the House Speaker Pelosi for another fiscal stimulus after negotiations between the Democrats and the Republicans broke up almost a month ago.2020-09-02T18:19:00"
US Crude Inventories Drop for 6th Straight Week,Crude Oil Stocks Change,"US Crude Inventories Drop for 6th Straight WeekUnited States Crude Oil Stocks ChangeUS crude oil stocks fell by 9.362 million barrels in the week ended August 28th, 2020, the sixth consecutive period of decrease and compared to market expectations of a 1.887 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 4.320 million barrels, while markets had forecast a smaller 3.036 million decline.2020-09-02T14:32:00"
US Factory Orders Beat Forecasts,Factory Orders,"US Factory Orders Beat ForecastsUnited States Factory OrdersFactory orders in the US jumped 6.4 percent month-over-month in July of 2020, the same as an upwardly revised increase in June. Figures beat market forecasts of a 6 percent rise as the manufacturing sector recovers from sharp disruptions in March and April due to the coronavirus outbreak. Demand for transport equipment increased 35.7 percent (vs 19.5 percent in June) boosted by vehicles and defense aircraft. Demand was also higher for machinery (2 percent vs 3.8 percent), fabricated metal products (2.7 percent vs 5.7 percent), and computers and electronics (2.6 percent vs -0.1 percent). Excluding transportation, factory orders increased at a slower 2.1 percent. 
2020-09-02T14:11:00"
US Stocks Rally Continues,Stock Market,"US Stocks Rally ContinuesUnited States Stock MarketThe Dow Jones gained more than 200 points and the S&P 500 hit a fresh record high on Wednesday as the September rally continues after stocks recorded the best August month since the 1980's. The Nasdaq briefly touched an all-time high, before erasing gains to fall into the red. Investors shrug off a disappointing ADP report which showed private firms added much less jobs than expected in August and await the key jobs report on Friday for a clearer picture. Meanwhile, Treasury Secretary Steven Mnuchin initiated talks with the House Speaker Pelosi for another fiscal stimulus after negotiations between the Democrats and the Republicans broke up almost a month ago. Also, the Centers for Disease Control and Prevention will invoke its authority to halt evictions through the end of the year.2020-09-02T13:36:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 35502020-09-02T13:30:03.307
S&P and Nasdaq to Book Fresh Records,Stock Market,"S&P and Nasdaq to Book Fresh RecordsUnited States Stock MarketDow futures jumped near 200 points, the S&P around 30 points and the Nasdaq more than 100 points on Wednesday, extending the rally from the previous day and after recording the best August month since 1980's. Investors welcome signs the US economy is recovering from the pandemic, with the ISM manufacturing PMI reaching the highest in near 2 years and vehicle sales returning to pre-pandemic levels. However, ADP data disappointed as private firms added much less jobs than expected in August. Investors await the key jobs report on Friday for a clearer picture. Meanwhile, markets continue to digest the Fed's new policy framework under which interest rates are expected to stay low for a longer period. In Washington, Treasury Secretary Steven Mnuchin initiated talks with the House Speaker Pelosi for another fiscal stimulus after negotiations between the Democrats and the Republicans broke up almost a month ago. 
.2020-09-02T12:23:00"
US Companies Add Much Less Jobs than Expected: ADP,ADP Employment Change,"US Companies Add Much Less Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the US hired just 428K workers in August of 2020, way below market expectations a 950K rise. It follows an upwardly revised 212K increase in July. The labor market continues to rebound from April's record slump in employment, although only half of the near 20 million jobs lost have been recovered so far. The service-providing sector added 389K jobs led by leisure and hospitality (129K); education and health (100K); professional and business (66K); trade, transportation & utilities (58K); and financial activities (11K) while the information sector lost 1K jobs. The goods-producing sector added 40K jobs, due to construction (28K), manufacturing (9K) and natural resources and mining (2K). Private payrolls in large companies were up 298K, midsized companies added 79K and small firms 52K.
2020-09-02T12:16:00"
US Mortgage Applications Drop for 3rd Week,Mortgage Applications,"US Mortgage Applications Drop for 3rd WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell by 2 percent in the week ended August 28th, the third consecutive period of decrease and following a 6.5 percent drop in the previous week, data from the Mortgage Bankers Association showed. Applications to refinance a home loan slipped 3.1 percent and homebuyer mortgage applications went down 0.2 percent. The average fixed 30-year mortgage rate decreased 3 bps to 3.08 percent.2020-09-02T11:03:00"
S&P and Nasdaq to Book Fresh Records,Stock Market,"S&P and Nasdaq to Book Fresh RecordsUnited States Stock MarketDow futures jumped more than 200 points, the S&P near 30 points and the Nasdaq more than 100 points on Wednesday, extending the rally from the previous day and after recording the best August month since 1980's. Apple shares were gaining near 2% in premarket trading. Investors welcome signs the US economy is recovering from the pandemic, with the ISM manufacturing PMI reaching the highest in near 2 years and vehicle sales returning to pre-pandemic levels. Traders also await ADP payroll data later in the day and the jobs report on Friday. Meanwhile, markets continue to digest the Fed's new policy framework under which interest rates are expected to stay low for a longer period. In Washington, Treasury Secretary Steven Mnuchin initiated talks with the House Speaker Pelosi for another fiscal stimulus after negotiations between the Democrats and the Republicans broke up almost a month ago. 
2020-09-02T10:58:00"
US Futures Extend Gains,Stock Market,"US Futures Extend GainsUnited States Stock MarketUS futures extended gains on Wednesday after a rally in the previous day and following the best August month since 1980's. Investors welcome signs the US economy is recovering from the pandemic, with the ISM manufacturing PMI reaching the highest in near 2 years and vehicle sales returning to pre-pandemic levels. Traders also await ADP payroll data later in the day and the jobs report on Friday. Meanwhile, markets continue to digest the Fed's new policy framework under which interest rates are expected to stay low for a longer period. In Washington, Treasury Secretary Steven Mnuchin initiated talks with the House Speaker Pelosi for another fiscal stimulus after negotiations between the Democrats and the Republicans broke up almost a month ago. On Tuesday, the Dow Jones added 216 points or 0.8% to 28,647. The S&P 500 climbed 26 points or 0.8% to a new record 3527. The Nasdaq jumped 164 points or 1.4% to a fresh record 11,940.2020-09-02T07:36:00"
Dollar Rebounds from 2-Year Low,Currency,"Dollar Rebounds from 2-Year Low United States CurrencyThe dollar rebounded further to around 93 on Wednesday from a two-year low hit early this week as new data on auto sales and a better-than-expected US manufacturing report pointed to a continued economic recovery in the world’s largest economy. Still, the US currency is set to see more downward pressure as a new Fed policy framework in which interest rates are expected to stay low for longer together with a dovish outlook for the US weighed on sentiment.2020-09-02T01:13:29.187"
US Crude Stocks Fall for 6th Straight Week,API Crude Oil Stock Change,"US Crude Stocks Fall for 6th Straight WeekUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States slumped by 6.4 million barrels in the week ended August 28th of 2020, following a 4.5 million gain in the previous week and compared with market expectations of a 1.9 million decline, data from the American Petroleum Institute showed. 2020-09-01T20:56:00"
Dollar Trades Around 2-1/2-Year Lows,Currency,"Dollar Trades Around 2-1/2-Year LowsUnited States CurrencyThe dollar index hovered around 92 against a basket of currencies in afternoon trading on Tuesday, remaining close to levels not seen since April 2018, as a new Fed policy framework in which interest rates are expected to stay low for longer together with a dovish outlook for the US weighed on sentiment. In addition, demand for the dollar was hit by political uncertainty ahead of November's presidential election and concerns about the US economic recovery amid a lack of progress in negotiations over a coronavirus relief package.2020-09-01T16:05:00"
US Manufacturing PMI Revised Slightly Lower: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Slightly Lower: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised lower to 53.1 in August of 2020 from a preliminary of 53.6. Still, the reading pointed to the strongest expansion in factory activity since January of 2019, following the easing of coronavirus restrictions and the reopening of large sections of the manufacturing sector. New orders increased the most since the start of 2019, due to stronger client demand and increased marketing. New export orders grew the most in four years, as companies registered the first upturn in foreign client demand in 2020 so far and output growth was the quickest since November 2019. At the same time, employment increased the first time since February. Meanwhile, input price inflation accelerated, amid raw material shortages and supplier price hikes. Finally, business confidence was the strongest since April of 2019 amid hopes of a return to stronger demand conditions and an end to the pandemic.2020-09-01T13:55:00"
Dollar Extends the Decline Heading into September,Currency,"Dollar Extends the Decline Heading into September    United States CurrencyThe dollar index extended the decline for the 6th straight session at the start of September, trading below 92 and remaining close to levels not seen since May of 2018. In August, the dollar lost near 1.3%, the fifth straight month of declines and the the longest monthly losses since 2017. A new Fed policy framework in which interest rates are expected to stay low for a longer period together with a dovish outlook for the US have been weighing on investors' mood. Also, concerns about the US economic recovery and whether a new coronavirus relief package will be unveiled dragged down the greenback. 2020-09-01T09:45:00"
Dollar Hits Fresh 2-Year Low,Currency,"Dollar Hits Fresh 2-Year LowUnited States CurrencyThe dollar fell below 92 to a more than two-year low on Tuesday the Fed unveiled a new strategy for monetary policy that will allow temporary increases in inflation, cementing expectations that the central bank will keep interest rates at ultra-low levels. In August, the greenback was down almost 1.5%, recording its worst month in five years and the longest run of monthly losses since 2017. 2020-08-31T22:40:00"
US Stocks Book Best August in Decades,Stock Market,"US Stocks Book Best August in DecadesUnited States Stock MarketWall Street closed mixed on Monday as the Nasdaq booked a new record and the Dow and S&P 500 wrapped their best August performances since the 1980s, while traders looked ahead to Friday’s employment report. On the macro side, banks shares were dragged by lower Treasury yields after Federal Reserve Vice Chairman Richard Clarida said rates will not go up just because the jobless rate swings down. On the corporate side, Apple shares gained 3.4% after a 4-for-1 split and Tesla shares surged 12.6% following a 5-for-1 split. The Dow Jones lost 226 points or 0.8% to 28,428 and the S&P 500 shed 8 points or 0.2% to 3500. In contrast, the Nasdaq added 80 points or 0.7% to 11,776. During the month, the Dow Jones jumped 7.6%, the S&P 500 7.0%, and the Nasdaq 9.6%.
2020-08-31T20:04:00"
Dow Trades Lower but Heads for Best Month since 1980's,Stock Market,"Dow Trades Lower but Heads for Best Month since 1980'sUnited States Stock MarketThe Dow Jones traded in the red on Monday as it sees important changes: Salesforce, Amgen and Honeywell replace Exxon Mobil, Pfizer and Raytheon Technologies. Also, a 4-for-1 Apple stock split and a 5-for-1 split for Tesla take effect. Meanwhile, the S&P 500 was nearly flat and the Nasdaq gained less than 50 points. On the macro front, Fed Vice Chairman Richard Clarida said the Fed is committed to not raise interest rates just because the unemployment rate is falling, adding to previous evidence that interest rates are likely to stay low for a long time. Investors will await ISM PMIs and the jobs report due later in the week. Still, stocks are on track to book the best August month since the 1980's. The S&P 500 is up 7.2% so far in August, the biggest August gain since 1984 and the Dow Jones added more than 8%, also on track for the best August in 36 years. The Nasdaq is on track for the best August since 2000.2020-08-31T13:32:00"
US 30-Year Treasury Yield at Near 3-Month High,30 Year Bond Yield,"US 30-Year Treasury Yield at Near 3-Month HighUnited States 30 Year Bond YieldThe yield on the 30-year US government bond rose for a fifth day on Monday to 1.53%, its highest level on a closing basis since June 16th, boosted by prospects of higher inflation after Fed Chair Powell announced a flexible form of average inflation targeting last week. The new approach allows inflation to run moderately above or below the Fed’s 2% target for some time and means that interest rates could be left lower for a longer period despite a rise in inflation. This raises expectations that the Federal Reserve will expand its purchases of long-dated Treasury bonds by mid-September or even earlier, as rising yields lead to higher cost of borrowing for companies and individuals and threaten economic growth.2020-08-31T11:22:00"
Dow Erases 2020 Losses in the Final Hour of Trading,Stock Market,"Dow Erases 2020 Losses in the Final Hour of Trading United States Stock MarketThe Dow Jones was up more than 200 points in the final hour of trading, erasing its 2020 losses. The Dow is also on track to record the 4th straight session of gains. Meanwhile, the S&P 500 booked another record high for the 5th straight day and the Nasdaq was up 0.5%. Investors digest Fed's new monetary policy framework which allows a more flexible inflation target, meaning the Fed can leave rates lower for a longer period despite rising inflation. On the macro front, both consumer spending and income beat expectations and August reading for the Michigan consumer sentiment was revised higher. On the week, both the Dow and the Nasdaq are on the track to gain more than 2% while the S&P 500 is expected to be up 2.5%, its fifth straight week of gains for the first time this year.2020-08-28T19:22:00"
Dow Jones on Track to Erase 2020 Losses,Stock Market,"Dow Jones on Track to Erase 2020 LossesUnited States Stock MarketThe Dow Jones was up more than 100 points in the early afternoon trading, on track to record the 4th straight session of gains and trying to erase its 2020 losses. Meanwhile, the S&P 500 booked another record high for the 5th straight day and the Nasdaq was up 0.5%. Investors digest Fed's new monetary policy framework which allows a more flexible inflation target, meaning the Fed can leave rates lower for a longer period despite rising inflation. On the macro front, both consumer spending and income beat expectations and August reading for the Michigan consumer sentiment was revised higher.  On the week, both the Dow and the Nasdaq are on the track to gain more than 2% while the S&P 500 is expected to be up 2.5%, its fifth straight week of gains for the first time this year.2020-08-28T16:40:00"
Dow Erases Some Earlier Gains,Stock Market,"Dow Erases Some Earlier GainsUnited States Stock MarketThe Dow Jones erased earlier gains to trade only slightly higher on Friday, after rising more than 100 points at the open. Still, it is on track to record the 4th straight session of gains and is trying to erase its 2020 losses. The S&P 500 booked another record high for the 5th straight day and the Nasdaq was also higher. On the week, both the Dow and the Nasdaq gained more than 2% each so far and the S&P 500 went up near 2.5%, its fifth straight week of gains for the first time this year. Investors digest Fed's new monetary policy framework which will allow a more flexible inflation target, meaning the Fed can leave rates lower for a longer period despite rising inflation. On the macro front, both consumer spending and income beating expectations. The August reading for the Michigan consumer sentiment was also revised higher.2020-08-28T14:18:00"
Chicago PMI Below Forecasts but Points to 2nd Month of Economic Expansion,Chicago Pmi,"Chicago PMI Below Forecasts but Points to 2nd Month of Economic ExpansionUnited States Chicago PmiThe MNI Chicago Business Barometer in the US fell to 51.2 in August of 2020 from 52 in July, below market forecasts of 52. Still, it is the second straight month the reading is above 50, pointing to economic expansion. Among the five main indicators, Order Backlogs was the only one to show a monthly decline, while Supplier Deliveries recorded the largest gain. Production rose to the highest level since June of 2019. Companies noted that previously pushed out orders led to an increase in production. Demand also improved, with New Orders edging up to a one-year high. Anecdotal evidence suggests that the industrial and agricultural sector were hit the hardest and recovered only slowly, while the medical sector is faring very well.2020-08-28T13:59:22.11"
Dow on Track to Erase 2020 Losses,Stock Market,"Dow on Track to Erase 2020 LossesUnited States Stock MarketThe Dow Jones rose near 100 points on Friday, the 4th straight session of gains and is on track to erase its 2020 losses. The S&P 500 booked another record high for the 5th straight day and the Nasdaq was also higher. On the week, both the Dow and the Nasdaq gained more than 2% each so far and the S&P 500 went up near 2.5%, its fifth straight week of gains for the first time this year. Investors digest Fed's new monetary policy framework which will allow a more flexible inflation target, meaning the Fed can leave rates lower for a longer period despite rising inflation. On the macro front, both consumer spending and income beating expectations.2020-08-28T13:23:00"
US Goods Trade Deficit Highest in Over 1-1/2 Year,Goods Trade Balance,"US Goods Trade Deficit Highest in Over 1-1/2 YearUnited States Goods Trade BalanceThe US trade deficit on goods widened to USD 79.32 billion in July of 2020 from a revised $70.99 billion in the previous month, a preliminary estimate showed. That was the smallest trade gap since December 2018. Exports rose 11.8 percent, boosted by sales of automotive vehicles (44.6 percent); consumer goods (21.4 percent); capital goods (7.5 percent); industrial supplies (7.1 percent) and foods, feeds, & beverages (2.1 percent). Imports climbed 11.8 percent mainly due to purchases of automotive vehicles (41.3 percent) and industrial supplies (10.7 percent). 2020-08-28T12:39:00"
US Wholesale Inventories Fall for 3rd Month,Wholesale Inventories,"US Wholesale Inventories Fall for 3rd MonthUnited States Wholesale InventoriesWholesale inventories in the US edged down 0.1 percent month-over-month in July of 2020, following a downwardly revised 1.3 percent fall in June, a preliminary estimate showed. It was the third consecutive month of falls in wholesale inventories. Inventories fell at a softer pace for durable goods (-0.6 percent vs -1.7 percent in June) and those of nondurable goods rebounded (0.7 percent vs -0.5 percent). Year-on-year, wholesale inventories fell 5.4 percent.2020-08-28T12:34:00"
Dollar on Track to Book Weekly Loss,Currency,"Dollar on Track to Book Weekly LossUnited States CurrencyThe dollar index fell near 0.7% to around 92.3 on Friday, dragged down by a stronger yen after the Japanese Prime Minister Shinzo Abe announced he will resign due to health reasons. A shift in Fed's monetary policy framework announced on Thursday also weighed on investors mood. The Fed will allow a more flexible inflation target, meaning rates can stay low for a longer period despite rising inflation. On the week, the dollar is set to fall near 1%.2020-08-28T09:03:00"
US Futures Point to Gains at the Open,Stock Market,"US Futures Point to Gains at the OpenUnited States Stock MarketUS futures traded in the green on Friday, extending gains from the previous session and are also heading for a weekly gain. Investors digest Fed's new monetary policy framework which will allow a more flexible inflation target, meaning the Fed can leave rates lower for a longer period despite rising inflation. On the macro front, both consumer spending and income beating expectations. On Thursday, the Dow Jones climbed 161 points or 0.6% to 28,493. The S&P 500 gained 6 points or 0.2% to 3485. In contrast, the Nasdaq lost 40 points or 0.3% to 11,625.2020-08-28T08:08:00"
US Futures Rise,Stock Market,"US Futures RiseUnited States Stock MarketUS stock index futures rose late Thursday as Wall Street tries to extend its record-setting run after Fed Chair Jerome Powell announced a significant policy change where the central bank will allow inflation to run above the target to support the labour market and the economy. Investors will monitor fresh economic data on Friday, including consumer spending, personal consumption expenditures as well as consumer sentiment. On Thursday, the Dow Jones climbed 161 points or 0.6% to 28,493. The S&P 500 gained 6 points or 0.2% to 3485. In contrast, the Nasdaq lost 40 points or 0.3% to 11,625.2020-08-28T01:29:57.76"
VMware earnings at 1.81 USD,Earnings,"VMware earnings at 1.81 USDUnited States EarningsVMware (VMW) released earnings per share at 1.81 USD, compared to market expectations of 1.45 USD.2020-08-27T20:22:49.187"
Workday earnings at 0.84 USD,Earnings,"Workday earnings at 0.84 USDUnited States EarningsWorkday (WDAY) released earnings per share at 0.84 USD, compared to market expectations of 0.65 USD.2020-08-27T20:16:44.84"
Treasury Yields Hit 2-Month High,Government Bond 10Y,"Treasury Yields Hit 2-Month HighUnited States Government Bond 10YYields on 10-year Treasury notes have advanced in five consecutive sessions to a two-month peak of 0.77% on Friday after Federal Reserve Chair Jerome Powell announced a flexible form of average inflation targeting in a widely expected move. On this new strategy for monetary policy, the Fed is likely to keep short-term interest rates at ultra-low levels for years. 2020-08-27T17:35:00"
US Tenth District Manufacturing Activity Growth Accelerates,Kansas Fed Manufacturing Index,"US Tenth District Manufacturing Activity Growth AcceleratesUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index rose by 16 points from a month earlier to +23 in July 2020, the highest since November 2018, as factory activity continued to recover from April's record slump. Non-durable goods factories especially food and beverage continued to drive the uptick. Also, activity at durable goods plants grew slightly. The indexes for shipments and new orders also grew considerably compared to a month ago, while the finished goods inventories index was still negative. “Most firms said government programs had positively affected their business over the past 3 months, but a majority of firms also reported challenges rehiring furloughed or laid-off employees due to the extra CARES Act unemployment benefits.”, said Chad Wilkerson, vice president and economist at the Federal Reserve Bank of Kansas City.2020-08-27T15:09:00"
Dollar Recovers as Investors Digest Fed Chair Powell Comments,Currency,"Dollar Recovers as Investors Digest Fed Chair Powell CommentsUnited States CurrencyThe dollar was steady at 93 on Friday after the Fed Chair said the downward risks to employment and inflation have increased and rolled out an aggressive new strategy to restore full employment and rise inflation back to healthier levels. Fed Chair Powell's update of monetary policy framework includes a flexible form of average inflation targeting, which allows inflation to run moderately above or below the 2% target. Meanwhile, macro data showed the number of Americans filling for unemployment benefits rose by 1.006 million in the week ended August 22nd slightly above market expectations of 1.0 million; while the US economy shrank by an annualized 31.7% in Q2, lower than a 32.9% plunge in the advance estimate

2020-08-27T14:34:00"
US Pending Home Sales Continue to Rise,Pending Home Sales,"US Pending Home Sales Continue to RiseUnited States Pending Home SalesContracts to buy previously owned homes in the US jumped 15.5 percent over a year earlier in July of 2020, following a downwardly revised 5.3 percent rise in the previous month. It is the biggest gain since April of 2012 as the housing market is recovering from the coronavirus crisis. On a monthly basis, pending home sales went up 5.9 percent, beating forecasts of a 3 percent gain. Each of the four major regions saw gains in both month-over-month and year-over-year pending home sales transactions. “We are witnessing a true V-shaped sales recovery as homebuyers continue their strong return to the housing market,” said Lawrence Yun, NAR’s chief economist.2020-08-27T14:12:00"
Dollar Weakens Further after Powell Speech,Currency,"Dollar Weakens Further after Powell SpeechUnited States CurrencyThe dollar index fell below 92.6 on Thursday, close to more than 2 years low reached a week ago after Fed Chair Powell announced a flexible form of average inflation targeting, allowing inflation to run moderately above or below the Fed’s 2% target. Meanwhile, macro data showed the number of Americans filling for unemployment benefits rose by 1.006 million in the week ended August 22nd, slightly above market expectations of 1.0 million; while the US economy shrank by an annualized 31.7% in Q2, lower than a 32.9% plunge in the advance estimate.2020-08-27T13:31:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 120142020-08-27T13:30:03.303
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 34902020-08-27T13:30:03.147
Dollar General earnings at 3.12 USD,Earnings,"Dollar General earnings at 3.12 USDUnited States EarningsDollar General (DG) released earnings per share at 3.12 USD, compared to market expectations of 2.42 USD.2020-08-27T11:41:28.213"
US Crude Stocks Fall More than Expected,Crude Oil Stocks Change,"US Crude Stocks Fall More than ExpectedUnited States Crude Oil Stocks ChangeUS crude oil stocks fell by 4.689 million barrels in the week ended August 21st, 2020, the fifth consecutive period of decrease and compared to market expectations of a 3.694 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 4.584 million barrels, while markets had forecast a smaller 1.533 million decline.2020-08-26T14:31:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 117772020-08-26T13:30:02.83
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketDow Jones futures pointed to a negative start and the S&P 500 is set to open flat on Wednesday, amid a pause in the recent rally which send the S&P and the Nasdaq to new highs. Investors digest latest coronavirus figures and progress of a vaccine and therapeutics. The number of new cases in the US is falling although European countries are battling with a second wave of infections. On the earnings front, Salesforce which is joining the Dow Jones, reported better-than-expected results after the closing bell on Tuesday. Meanwhile, investors await Fed Chair Powell speech at the Jackson Hole Symposium on Thursday for further clues on the Fed's next monetary policy steps. On Tuesday, the Dow Jones lost 60 points or 0.2% to 28248, the S&P 500 gained 12 points or 0.4% to 3444 and the Nasdaq added 87 points or 0.8% to 11466.2020-08-26T06:51:00"
Autodesk earnings at 0.98 USD,Earnings,"Autodesk earnings at 0.98 USDUnited States EarningsAutodesk (ADSK) released earnings per share at 0.98 USD, compared to market expectations of 0.9 USD.2020-08-25T20:28:47.287"
Intuit earnings at 1.81 USD,Earnings,"Intuit earnings at 1.81 USDUnited States EarningsIntuit (INTU) released earnings per share at 1.81 USD, compared to market expectations of 1.21 USD.2020-08-25T20:17:55.297"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 34432020-08-25T13:30:02.207
US House Prices Rise the Most for 9 Months: FHFA,FHFA House Price Index MoM,"US House Prices Rise the Most for 9 Months: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States jumped 0.9 percent from a month earlier in June 2020, the most since September las year. The housing market saw a recovery from a 0.2 percent fall in May, which was the first decline in home prices since January 2012, as local economies re-opened following weeks of business closure due to the pandemic and transactions picked up again. House price changes ranged from -0.1 percent in the Middle Atlantic division to +1.3 percent in the Pacific and East South Central divisions.2020-08-25T13:08:00"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketUS stock index futures rose late Monday as Wall Street tries to build on the momentum from last session's solid performance. Optimism over potential medical advances in the war against the coronavirus pandemic helped keep investors in a buying mood. Meantime, Federal Reserve Chairman Jerome Powell is likely to detail a set of measures aimed at pushing inflation higher during a virtual version of the Fed's annual Jackson Hole. On Monday, the Dow Jones gained 379 points or 1.4% to 28,309. The S&P 500 climbed 34 points or 1% to a new record 3431. The Nasdaq added 68 points or 0.6% to a fresh high of 11,380.2020-08-25T01:24:32.433"
"S&P, Nasdaq Hit Fresh Record",Stock Market,"S&P, Nasdaq Hit Fresh RecordUnited States Stock MarketWall Street closed in the green on Monday to extend the previous two session’s gains and book fresh S&P and Nasdaq highs, as positive news on COVID-19 treatments and vaccines nudged sentiment higher. On Sunday, the US FDA issued an emergency use authorization of convalescent plasma for hospitalized coronavirus patients, which is estimated to cut mortality rates by 35%. The Trump administration is also considering fast-tracking an experimental vaccine developed in the UK for use in the United States. The Dow Jones gained 379 points or 1.4% to 28,309. The S&P 500 climbed 34 points or 1% to a new record 3431. The Nasdaq added 68 points or 0.6% to a fresh high of 11,380.
2020-08-24T20:03:00"
US Stocks Rise,Stock Market,"US Stocks Rise United States Stock MarketWall Street traded higher on Monday, extending previous week's gains, with the Dow Jones rising almost 300 points hitting a 26-week high and the S&P 500 and the Nasdaq breaking a record high as investors keep an eye on coronavirus figures. The number of new cases in the US is falling, wider use of blood-plasma treatment was allowed and the Trump Administration is considering bypassing normal US regulatory standards to fast-track an experimental coronavirus vaccine from the UK. Meanwhile, Bloomberg reported that the Trump administration is seeking to reassure US companies including Apple that they can still do business with the WeChat. Also, TikTok announced on Saturday it will sue the US over its plan to ban the app in the country. On the political front, the Republican National Convention is kicking off today and the party is set to officially nominate President Donald Trump as their 2020 candidate.2020-08-24T13:35:00"
Stocks in United States Hit 26-week High,Stock Market,Stocks in United States Hit 26-week HighUnited States Stock MarketDow Jones increased to a 26-week high of 281742020-08-24T13:30:02.017
US Futures Extend Gains,Stock Market,"US Futures Extend GainsUnited States Stock MarketUS futures traded higher on Monday, extending previous week's gains which saw both the S&P 500 and the Nasdaq reaching a record high. Investors monitor advances on the coronavirus therapeutics: the US allowed wider use of blood-plasma treatment and the Trump Administration is considering bypassing normal US regulatory standards to fast-track an experimental coronavirus vaccine from the UK. Meanwhile, Bloomberg reported that the Trump administration is seeking to reassure US companies including Apple that they can still do business with the WeChat. Also, TikTok announced on Saturday it will sue the US over its plan to ban the app in the country. On the political front, the Republican National Convention will kick off on Monday and the party is expected to officially nominate President Donald Trump as their 2020 candidate.2020-08-24T08:42:00"
US Dollar Stays Weak,Currency,"US Dollar Stays WeakUnited States CurrencyThe US dollar remained under pressure against most developed-market currencies on Monday as the United States struggled to curb the spread of the coronavirus and the unprecedented policy stimulus unleashed by the Fed had darkened the outlook for the safe-haven dollar. Still, the currency rebounded from a two-year low last week following upbeat US economic data.2020-08-24T00:44:08.377"
USD Books Weekly Gain,Currency,"USD Books Weekly GainUnited States CurrencyThe dollar index rebounded sharply on Friday to around 93.2 and booked a near 0.1% weekly gain. Markit data showed US manufacturing activity reached a 19-month high in August, while services were at the strongest pace in 17 months. Meanwhile, existing home sales for July jumped 24.7% month-over-month and the average selling price also hit an all-time high of $304,100. On the policy side, investors remain concerned about whether Congress will be able to strike an agreement on new aid. During the week, the Fed painted a gloomy outlook for the US economy in the last FOMC minutes and the claims report showed new jobless claims came once again above 1 million.
2020-08-21T20:11:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 34032020-08-21T19:01:02.72
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 115172020-08-21T14:25:06.783
US Private Sector Output Growth at 1-1/2-Year High,Composite Pmi,"US Private Sector Output Growth at 1-1/2-Year HighUnited States Composite PmiThe IHS Markit US Composite PMI increased to 54.7 in August 2020 from 50.3 in the previous month, signaling the sharpest upturn in private sector business activity since February 2019. Service sector activity expanded by the most for 17 months, while goods manufacturers recorded the fastest increase in production since January 2019.2020-08-21T13:57:00"
Dollar Strengthens Further on Friday,Currency,"Dollar Strengthens Further on FridayUnited States CurrencyThe dollar index rebounded to trade above 93 on Friday and was on track to book a small gain for the week. However, it remains close to lows not seen since May of 2018 as investors are concerned about the US economic recovery and whether US lawmakers are able to strike an agreement on a new coronavirus relief package. Also, the Fed painted a gloomy outlook for the US economy in the last FOMC minutes and the claims report pointed the labour market will take more time to recover than initially anticipated.2020-08-21T13:40:46.89"
Dollar on Track to Book Weekly Loss,Currency,"Dollar on Track to Book Weekly LossUnited States CurrencyThe dollar index rebounded to 92.9 on Friday but was still on track to book a near 0.2% decline for the week. The dollar has been hovering at lows not seen since May of 2018 as investors are concerned about the US economic recovery and whether US lawmakers are able to strike an agreement on a new coronavirus relief package. Also, the Fed painted a gloomy outlook for the US economy in the last FOMC minutes and the claims report pointed the labour market will take more time to recover than initially anticipated.2020-08-21T09:57:00"
US Futures Rise to Finish the Week in the Green,Stock Market,"US Futures Rise to Finish the Week in the GreenUnited States Stock MarketStock futures in the US were higher on Friday, extending gains from the previous session, and led by tech shares which have been benefiting from people staying home during the pandemic. Investors try to shrug off a gloomy outlook from the Fed and rising initial claims while news that Pfizer’s vaccine is on track for regulatory review in October also boosted sentiment. Traders will also keep an eye on preliminary Markit PMIs and existing home sales due later in the day. Meanwhile, US-China tensions remain in the spotlight after the Trump administration did not confirm China’s commerce ministry claims that phase one trade deal discussions would restart in the coming days. On Thursday, the Dow Jones gained 47 points or 0.2% to 27,740. The S&P 500 climbed 11 points or 0.3% to 3386. The Nasdaq jumped 119 points or 1.1% to a new record of 11,265.2020-08-21T07:07:00"
US Stock Index Futures Extend Gains,Stock Market,"US Stock Index Futures Extend GainsUnited States Stock MarketUS stock index futures rose late Thursday following gains on Wall Street as tech companies continued to lead the advance. Earlier this week, the S&P 500 index clinched a new closing record and soared almost 55% since hitting its pandemic low on March 23, fuelled by the central bank and federal government stimulus. The Nasdaq Composite also hit a record on Thursday. Still, investors sentiment was hit by a cautious outlook from the US Federal Reserve. The US central bank may need to ease monetary policy further to support the economy through the coronavirus pandemic. On Thursday, the Dow Jones gained 47 points or 0.2% to 27,740. The S&P 500 climbed 11 points or 0.3% to 3386. The Nasdaq jumped 119 points or 1.1% to a new record of 11,265.2020-08-21T01:26:34.397"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 114422020-08-20T18:17:12.337
US Dollar Under Pressure,Currency,"US Dollar Under Pressure United States CurrencyThe US dollar lost ground against most developed-market currencies in the Asian session after an unexpected rise in US jobless claims to above 1 million last week signalled a slow economic recovery from the coronavirus. The US currency has been trading close to levels not seen since May of 2018 as investors are concerned whether US lawmakers can strike an agreement on a new Covid-19 relief package, and mounting US-China tensions. 2020-08-20T17:30:00"
Estée Lauder earnings at -0.53 USD,Earnings,"Estée Lauder earnings at -0.53 USDUnited States EarningsEstée Lauder (EL) released earnings per share at -0.53 USD, compared to market expectations of -0.16 USD.2020-08-20T11:50:47.687"
US Futures Point to Losses at the Open,Stock Market,"US Futures Point to Losses at the OpenUnited States Stock MarketUS futures traded lower on Thursday, extending losses from the previous session after the Fed painted a gloomy outlook for the US economy. Meanwhile, China’s commerce ministry said that Washington and Beijing agreed to hold trade talks in the coming days. On the earnings front, results from Alibaba beat forecasts while earnings from Estée Lauder disappointed. Investors will also keep an eye on the claims report due on Thursday. On Wednesday, the Dow Jones lost 85 points or 0.3% to 27,693. The S&P 500 declined 15 points or 0.4% to 3375. The Nasdaq retreated 64 points or 0.6% to 11,147.2020-08-20T08:29:00"
Wall Street Set to Extend Losses,Stock Market,"Wall Street Set to Extend LossesUnited States Stock MarketUS stock index futures pointed to a lower open on Thursday, extending losses from the previous session, as investors became concerned that the world’s largest economy may face difficult and challenging times, as the pandemic is causing tremendous hardship. Fed minutes painted a grim economic outlook, saying the US central bank may need to ease monetary policy further. On Wednesday, the Dow Jones lost 85 points or 0.3% to 27,693. The S&P 500 declined 15 points or 0.4% to 3375. The Nasdaq retreated 64 points or 0.6% to 11,147.2020-08-20T01:38:33.22"
Nvidia earnings at 2.18 USD,Earnings,"Nvidia earnings at 2.18 USDUnited States EarningsNvidia (NVDA) released earnings per share at 2.18 USD, compared to market expectations of 1.97 USD.2020-08-19T21:37:47.697"
Dollar Sell-Off Pauses after FOMC Minutes,Currency,"Dollar Sell-Off Pauses after FOMC MinutesUnited States CurrencyThe US dollar strengthened on Thursday after FOMC minutes showed Fed officials were concerned that a recovery from the economic downturn triggered by the coronavirus pandemic faces a highly uncertain path. The DXY was around 93 and is on track to post the first gain in six sessions. Still, the dollar remains close to levels not seen since May of 2018 as investors worry about the US economic recovery, uncertainty over whether US lawmakers would strike an agreement on a new coronavirus relief package, and mounting US-China tensions.2020-08-19T18:07:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 114412020-08-19T15:59:05.003
"Dow Gains 100 Points, S&P and Nasdaq Hit Record Highs",Stock Market,"Dow Gains 100 Points, S&P and Nasdaq Hit Record HighsUnited States Stock MarketThe Dow Jones added more than 100 points and both the S&P 500 and Nasdaq extended gains to reach new record highs on Wednesday, as results from Target and Lowe's beat forecasts while Apple became the first US company to reach a market cap of $2 trillion. Meanwhile, investors continued to monitor negotiations on a coronavirus relief package after House Speaker Nancy Pelosi said the Democrats were willing to cut their stimulus proposal. The FOMC minutes will be keenly watched later in the day amid hopes that they might provide some clarity on policymakers' next move.2020-08-19T15:37:00"
US Crude Inventories Down for 4th Straight Week,Crude Oil Stocks Change,"US Crude Inventories Down for 4th Straight WeekUnited States Crude Oil Stocks ChangeUS crude oil stocks fell by 1.632 million barrels in the week ended August 14th, 2020, the fourth consecutive period of decrease and compared to market expectations of a 2.670 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories were down by 3.322 million barrels, while markets had forecast a smaller 1.057 million decline.2020-08-19T14:35:00"
US Stocks Trade Slightly Higher,Stock Market,"US Stocks Trade Slightly HigherUnited States Stock MarketThe Dow Jones and the S&P traded slightly higher on Wednesday while the Nasdaq failed to hold gains, following a rally in the previous day which saw both the S&P 500 and the Nasdaq closing at record highs. House Speaker Nancy Pelosi said the Democrats are willing to cut new stimulus proposal. Meanwhile, minutes from the last FOMC meeting due later in the day may provide some more detail on the Fed's monetary policy. On the earnings front, Target and Lowe's beat forecasts. Nvidia and JCPenney are also due to report today. Investors remain cautious as tensions with China mount after President Trump said that he has postponed trade talks with China and does not want to speak with China right now. 2020-08-19T13:34:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 33992020-08-19T13:30:00.927
Analog Devices earnings at 1.36 USD,Earnings,"Analog Devices earnings at 1.36 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 1.36 USD, compared to market expectations of 1.33 USD.2020-08-19T12:16:41.493"
Dollar Hovers at 2018-Low,Currency,"Dollar Hovers at 2018-LowUnited States CurrencyThe dollar traded around 92 on Wednesday, remaining at the lowest level since May 2018 as investors digest concerns about the US economic recovery, uncertainty over whether US lawmakers would strike an agreement on a new coronavirus relief package, and mounting US-China tensions. The Trump administration announced it will further tighten restrictions on China’s Huawei Technologies, aiming to prevent the company's access to commercially available chips.2020-08-19T12:08:56.13"
TJX Companies earnings at -0.18 USD,Earnings,"TJX Companies earnings at -0.18 USDUnited States EarningsTJX Companies (TJX) released earnings per share at -0.18 USD, compared to market expectations of -0.08 USD.2020-08-19T12:05:48.857"
Lowe's Companies earnings at 3.75 USD,Earnings,"Lowe's Companies earnings at 3.75 USDUnited States EarningsLowe's Companies (LOW) released earnings per share at 3.75 USD, compared to market expectations of 2.68 USD.2020-08-19T10:50:41.37"
Target earnings at 3.38 USD,Earnings,"Target earnings at 3.38 USDUnited States EarningsTarget (TGT) released earnings per share at 3.38 USD, compared to market expectations of 1.47 USD.2020-08-19T10:50:00.437"
S&P 500 and Nasdaq Keep Momentum,Stock Market,"S&P 500 and Nasdaq Keep MomentumUnited States Stock MarketUS futures traded higher on Wednesday, keeping momentum from the previous day rally which saw both the S&P 500 and the Nasdaq closing at record highs. The House Speaker Nancy Pelosi said the Democrats are willing to cut new stimulus proposal. Meanwhile, minutes from the last FOMC meeting due later on the day may provide some more detail on the Fed's monetary policy. On the earnings front, Target and Lowe's beat forecasts. Nvidia and JCPenney are also due to report today. Investors remain cautious as tensions with China mount after President Trump said that he has postponed trade talks with China and does not want to speak with China right now. On Tuesday, the Dow Jones lost 67 points or 0.2% to 27,778, whereas the S&P 500 gained 8 points or 0.2% to 3390, recovering from all 2020 losses and the Nasdaq climbed 81 points or 0.7% to 11,211.2020-08-19T09:34:00"
US Futures Rise,Stock Market,"US Futures RiseUnited States Stock MarketWall Street was set to open higher on Wednesday, with the S&P 500 trading above its fresh record closing high in a broad rally led by tech stocks. Investors sentiment has been buoyed by optimistic economic data and better-than-expected corporate earnings. A report on Tuesday showed an acceleration in US homebuilding to the most in nearly four years in July. Meantime, minutes from the Federal Reserve's recent meeting due on Wednesday may provide some more detail on its monetary policy. On Tuesday, The Dow Jones lost 67 points or 0.2% to 27,778, whereas the S&P 500 gained 8 points or 0.2% to 3390 and the Nasdaq climbed 81 points or 0.7% to 11,211.2020-08-19T01:39:47.763"
"Dow Fails to Hold Gains, S&P Hits New Record",Stock Market,"Dow Fails to Hold Gains, S&P Hits New RecordUnited States Stock MarketThe Dow Jones traded lower on Tuesday while the S&P 500 hit an all-time high and the Nasdaq booked strong gains amid better-than-expected earnings from Home Depot, Walmart and Kohl’s. US home construction starts and building permits also beat market forecasts. Investors try to shrug off a stalemate in new US fiscal stimulus bill and mounting US-China tensions. The Trump administration announced on Monday it will further tighten restrictions on Huawei Technologies aiming to prevent the company's access to commercially available chips. Meanwhile, Senate Republicans are planning to propose a narrow coronavirus relief bill, including $300 in weekly federal unemployment benefits, an extension of the Paycheck Protection Program and $10 billion for the U.S. Postal Service. On the political front, the Democratic National Convention kicked-off and the Republican one will start next week.2020-08-18T14:02:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 33982020-08-18T13:43:13.56
US Stocks Trade in the Green,Stock Market,"US Stocks Trade in the GreenUnited States Stock MarketWall Street traded slightly higher on Tuesday amid better-than-expected earnings from Home Depot, Walmart and Kohl’s. US home construction starts and building permits also beat market forecasts. Investors try to shrug off a stalemate in new US fiscal stimulus bill and mounting US-China tensions. The Trump administration announced on Monday it will further tighten restrictions on Huawei Technologies aiming to prevent the company's access to commercially available chips. Meanwhile, Senate Republicans are planning to propose a narrow coronavirus relief bill, including $300 in weekly federal unemployment benefits, an extension of the Paycheck Protection Program and $10 billion for the U.S. Postal Service. On the political front, the Democratic National Convention kicked-off and the Republican one will start next week.2020-08-18T13:31:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 113402020-08-18T13:30:01.15
Walmart earnings at 1.56 USD,Earnings,"Walmart earnings at 1.56 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.56 USD, compared to market expectations of 1.25 USD.2020-08-18T11:01:36.337"
Home Depot earnings at 4.02 USD,Earnings,"Home Depot earnings at 4.02 USDUnited States EarningsHome Depot (HD) released earnings per share at 4.02 USD, compared to market expectations of 3.67 USD.2020-08-18T10:30:41.11"
"Dow Futures Fall, S&P 500 and Nasdaq Attempt to Gain",Stock Market,"Dow Futures Fall, S&P 500 and Nasdaq Attempt to GainUnited States Stock MarketDow futures traded slightly lower while the S&P 500 and the Nasdaq were little changed on Tuesday as investors digest a stalemate in new US fiscal stimulus bill and mounting US-China tensions. The Trump administration announced on Monday it will further tighten restrictions on Huawei Technologies aiming to prevent the company's access to commercially available chips. On the earnings front, Home Depot, Walmart and Kohl’s are due to report today. The Dow Jones lost 86 points or 0.3% to 27,845, whereas the S&P 500 gained 9 points or 0.3% to 3382 and the Nasdaq climbed 110 points or 1% to 11,130.2020-08-18T06:38:00"
Stocks in United States Hit 25-week High,Stock Market,Stocks in United States Hit 25-week HighUnited States Stock MarketS&P 500 increased to a 25-week high of 33912020-08-17T14:52:59.907
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 112832020-08-17T14:01:01.687
Dollar Remains at Lowest Level in More Than 2 Years,Currency,"Dollar Remains at Lowest Level in More Than 2 YearsUnited States CurrencyThe dollar index traded around 92.7 on Tuesday, remaining at the lowest level since May 2018, as investors digest concerns about the US economic recovery, uncertainty over whether US lawmakers would strike an agreement on a new coronavirus relief package, and mounting US-China tensions. The Trump administration announced it will further tighten restrictions on China’s Huawei Technologies. 2020-08-17T09:54:00"
Dollar Erases Losses,Currency,"Dollar Erases LossesUnited States CurrencyThe dollar index traded above 93 on Monday, erasing earlier losses, as investors digest concerns about the US economic recovery, uncertainty over whether US lawmakers would strike an agreement on a new coronavirus relief package, and mounting US-China tensions. Beijing and Washington postponed a trade deal review, meaning the deal remains intact. However, President Trump issued an executive order on Friday to force the TikTok owner to sell its US assets within 90 days, mentioning national security concerns and threatened to extend pressure to other Chinese firms such as Alibaba. Meanwhile, the coronavirus death toll in the US passed 170K and the number of cases 5.4 million.2020-08-17T08:43:37.38"
Dow Futures Lack Direction,Stock Market,"Dow Futures Lack DirectionUnited States Stock MarketDow futures swung between gains and losses while both the S&P 500 and the Nasdaq traded higher on Monday as investors digest a stalemate in US fiscal stimulus bill and simmering US-China tensions. The US and China have delayed a review of the Phase 1 trade deal initially slated for Saturday, but President Trump issued an executive order on Friday to force the TikTok owner to sell its US assets within 90 days, mentioning national security concerns and threatened to extend pressure to other Chinese firms such as Alibaba. Meanwhile, the House Speaker Nancy Pelosi and other lawmakers called on the Postmaster General and Chairman of the Postal Service to testify before Congress about recent, sweeping and dangerous operational changes at the Postal Service that are slowing the mail and jeopardizing the integrity of the election. Last week, the Dow Jones climbed 1.8% and the S&P 500 added 0.7%. The Nasdaq finished almost flat.2020-08-17T08:42:00"
Dollar Starts the Week in Negative Territory,Currency,"Dollar Starts the Week in Negative TerritoryUnited States CurrencyThe dollar index traded below 93 on Monday, close to levels not seen since mid-2018, as investors digest concerns about the US economic recovery, uncertainty over whether US lawmakers would strike an agreement on a new coronavirus relief package, and mounting US-China tensions. Beijing and Washington postponed a trade deal review, meaning the deal remains intact. However, President Trump issued an executive order on Friday to force the TikTok owner to sell its US assets within 90 days, mentioning national security concerns and threatened to extend pressure to other Chinese firms such as Alibaba. Meanwhile, the coronavirus death toll in the US passed 170K and the number of cases 5.4 million.2020-08-17T07:35:23.283"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketWall Street is set to start the week in the green after logged in its third consecutive weekly gain with investors shrugging off worries over a stalemate in US fiscal stimulus bill and simmering US-China tensions. The United States and China have delayed a review of their Phase 1 trade deal initially slated for Saturday. Last week, the Dow Jones climbed 1.8% and the S&P 500 added 0.7%. The Nasdaq finished almost flat. 2020-08-17T01:03:08.023"
Dollar Extends Fall,Currency,"Dollar Extends FallUnited States CurrencyThe dollar index dropped to 93 against a basket of currencies on Monday, as uncertainty over whether US lawmakers would strike an agreement on a new coronavirus relief package weighed on sentiment, while a planned review of the US-China trade deal was postponed. 2020-08-17T00:42:25.307"
US Business Inventories Fall Less than Expected,Business Inventories,"US Business Inventories Fall Less than ExpectedUnited States Business InventoriesManufacturers’ and trade inventories in the US fell 1.1 percent from a month earlier in June 2020, following a record 2.3 percent drop in May and compared with market expectations of a 1.2 percent decrease, amid the coronavirus pandemic. Stocks declined at retailers (-2.6 percent vs -6.2 percent in May) and wholesalers (-1.4 percent vs -1.2 percent). Meanwhile, stocks at manufacturers increased 0.6 percent, following a 0.2 percent rise in the prior month. Year-on-year, business inventories went down 5.8 percent.2020-08-14T14:02:00"
"Dollar Trades Lower on US Retail Sales Data, Stimulus Talks",Currency,"Dollar Trades Lower on US Retail Sales Data, Stimulus TalksUnited States CurrencyThe dollar index dropped against a basket of currencies on Friday, hovering around 93.1 and falling for eight strait weeks after data showed US retail trade in July rose by only 1.2 percent, below market expectations of a 1.9 percent increase. At the same time, the lack of progress in negotiations on a new coronavirus relief package worried investors, as Republicans and Democrats remain divided on key issues. Meanwhile, weaker than expected Chinese industry and sales data helped to curb the losses.2020-08-14T12:54:00"
US Unit Labour Costs Rise the Most in 6 Years,Labour Costs,"US Unit Labour Costs Rise the Most in 6 YearsUnited States Labour CostsUnit labor costs in the US nonfarm business sector jumped an annualized 12.2 percent in the second quarter of 2020, following an upwardly revised 9.8 percent rise in the prior period and compared with market forecasts of a 6.2 percent gain, a preliminary estimate showed. It is the biggest rise in labor costs since a 12.4 percent gain in the first quarter of 2014, reflecting a 20.4 percent increase in hourly compensation and a 7.3 percent rise in productivity.2020-08-14T12:38:00"
US Futures Point to Losses at the Open,Stock Market,"US Futures Point to Losses at the OpenUnited States Stock MarketUS stock futures pointed to a negative start on Friday, as investors closely monitor developments in negotiations on a new coronavirus relief package and wait for a Saturday meeting between US and Chinese officials about their Phase 1 trade deal. Negotiations are at a standstill heading into two weeks as Democrats have offered to cut their original stimulus proposal totaling $3.5 trillion by one third, but insist on keeping help for states while President Trump’s negotiators rejected the Democrats’ topline number and offered to put in no more than $150 billion for local assistance. Traders will also keep an eye on retail sales and industrial figures later in the day, which will offer clues about the health of the recovery. On Thursday, the Dow Jones shed 80 points or 0.3% to 27,897, while the S&P lost 7 points or 0.2% to 3373. In contrast, the Nasdaq gained 30 points or 0.3% to 11,043.2020-08-14T10:49:00"
"Dollar Steadies on Concerns Over US Stimulus, Weak China Data",Currency,"Dollar Steadies on Concerns Over US Stimulus, Weak China DataUnited States CurrencyThe dollar index steadied at 93.3 against a basket of currencies on Friday, remaining 0.2% lower for the week, as the lack of progress in negotiations on a new coronavirus relief package worried investors, while Chinese industry and sales data came in weaker than expected. President Donald Trump accused congressional Democrats of not wanting to negotiate, while Republicans and Democrats exchanged accusations for refusing to compromise on key issues such as unemployment benefits and aid to state and local governments.2020-08-14T08:27:46.707"
US Futures Pare Losses after Jobless Claims Data,Stock Market,"US Futures Pare Losses after Jobless Claims DataUnited States Stock MarketUS stock futures erased some of its earlier losses on Thursday, after initial jobless claims fell below 1 million in the week ended August 8th, the least since the pandemic started, suggesting the labor market might start recovering from the coronavirus hit. Investors now await for news about a new coronavirus relief package after President Trump accused congressional Democrats of not wanting to negotiate. On Wednesday, the Dow Jones climbed 290 points or 1.1% to 29,977; the S&P 500 gained 47 points or 1.4% to 3380; and the Nasdaq jumped 229 points or 2.1% to 11,012.2020-08-13T12:49:00"
US Export Prices Rise More than Expected,Export Prices MoM,"US Export Prices Rise More than ExpectedUnited States Export Prices MoMExport prices in the US increased 0.8 percent from a month earlier in July of 2020, following a downwardly revised 1.2 percent rise in June and above market expectations of a 0.4 percent gain. Nonagricultural exports advanced 0.7 percent, after rising 1.2 percent in June, as increasing prices for nonagricultural industrial supplies and materials as well as for capital goods and consumer goods offset declines in those of automotive vehicles and nonagricultural foods, feeds, and beverages. Agricultural export prices advanced 1.5 percent for the second consecutive month in July, as rising prices for soybeans, dairy products, corn, vegetables, cotton, and fruit more than offset falling prices for meat, nuts, and wheat. Year-on-year, export prices declined by 4.4 percent.



2020-08-13T12:32:00"
US Futures Lower Ahead of Jobless Claims,Stock Market,"US Futures Lower Ahead of Jobless ClaimsUnited States Stock MarketUS stock futures traded lower on Thursday, ahead of the release of weekly unemployment claims data and as investors await for news about a new coronavirus relief package after President Trump accused congressional Democrats of not wanting to negotiate. The US weekly jobless report is expected to show a slight decline in initial claims to 1.12 million during the week ending on August 8th, bringing the total reported since March 21st to nearly 56.4 million. On Wednesday, the Dow Jones climbed 290 points or 1.1% to 29,977; the S&P 500 gained 47 points or 1.4% to 3380; and the Nasdaq jumped 229 points or 2.1% to 11,012..2020-08-13T09:57:30.123"
US 10-Year Bond Yield Falls from Over 1-Month Highs,Government Bond 10Y,"US 10-Year Bond Yield Falls from Over 1-Month HighsUnited States Government Bond 10YThe yield on US 10-year government bonds were down at 0.66% on Thursday after the Treasury saw good demand for a record $38 billion auction of 10-year notes the day before. Yields got as high as 0.691% before the auction, the highest since July 7th. Investors now await the resumption of talks on a new coronavirus stimulus package as White House negotiators and congressional Democrats remain divided on key issues.2020-08-13T07:01:33.54"
Dollar Weakens Amid Doubts About US Aid Package,Currency,"Dollar Weakens Amid Doubts About US Aid PackageUnited States CurrencyThe dollar index extended losses to 93.2 against a basket of currencies on Friday, as the lack of progress in negotiations on a new coronavirus relief package worried investors. President Donald Trump accused congressional Democrats of not wanting to negotiate, while Republicans and Democrats exchanged accusations for refusing to compromise on key issues such as unemployment benefits and aid to state and local governments.2020-08-13T06:54:00"
US 10Y Bond Yield Hits 5-week High,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 5-week high of 0.6847%2020-08-12T15:17:55.52
US Crude Inventories Fall for 3rd Week,Crude Oil Stocks Change,"US Crude Inventories Fall for 3rd WeekUnited States Crude Oil Stocks ChangeUS crude oil stocks slumped by 4.512 million barrels in the week ended August 7th, 2020, the third consecutive period of decrease and compared to market expectations of a 2.875 million drop, according to the EIA Petroleum Status Report. The data also showed that crude stockpiles in the US Gulf Coast dropped by 24.6 million barrels over the past three weeks, the most on record, while fuel demand last week rose to 19.4 million barrels, the highest since March. Meantime, gasoline inventories fell by 0.722 million barrels, while markets had forecast a 0.674 million decrease.2020-08-12T14:37:00"
US Core Index Rises the Most since 1991,Core Inflation Rate MoM,"US Core Index Rises the Most since 1991United States Core Inflation Rate MoMUS core consumer prices, which exclude volatile items such as food and energy, went up by 0.6 percent from a month earlier in July 2020, the largest increase since January 1991, and above market consensus of 0.2 percent, following the gradual easing of lockdown restrictions in some states. Motor vehicle insurance cost continued to rise sharply in July, after recent declines. In addition, shelter, communication, used cars and trucks, and medical care prices also increased in July, while the index for recreation declined.
2020-08-12T12:35:00"
US 10-Year Bond Yield Hits 5-Week High,Government Bond 10Y,"US 10-Year Bond Yield Hits 5-Week HighUnited States Government Bond 10YThe yield on US 10-year government bonds touched 0.6847% on Wednesday, its highest level since July 8th, after recording its steepest gain in two months on Tuesday. Investors await the resumption of talks on a new coronavirus stimulus package as White House negotiators and congressional Democrats remain divided on key issues. The US Treasury sold a record $38 billion of 10-year notes at high yield of 0.667%. 2020-08-12T10:43:00"
US Stock Futures Set to Open Higher on Wednesday,Stock Market,"US Stock Futures Set to Open Higher on WednesdayUnited States Stock MarketUS stocks futures pointed to a positive start on Wednesday, as investors await updates on a new coronavirus relief package. At the same time, President Donald Trump announced that the US government will purchase 100 million doses of Moderna’s experimental COVID-19 vaccine, which is currently in late-stage human trials. Meanwhile, presidential candidate Joe Biden chose Senator Kamala Harris as his running mate. On Tuesday, the Dow Jones lost 105 points or 0.4% to 27,687; the S&P 500 retreated 27 points or 0.8% to 3334; and the Nasdaq shed 186 points or 1.7% to 10,783.2020-08-12T08:41:00"
Dollar Holds Steady,Currency,"Dollar Holds SteadyUnited States CurrencyThe dollar index was little changed at 93.4 against a basket of currencies on Thursday as the lack of progress in negotiations on a new coronavirus relief package worried investors, with Republicans and Democrats exchanging accusations for refusing to compromise on key issues such as unemployment benefits and aid to state and local governments.2020-08-12T07:58:00"
US Stock Futures Rebound,Stock Market,"US Stock Futures ReboundUnited States Stock MarketWall Street is set to start Wednesday’s session on a high note as investors grew optimistic that a vaccine will emerge to halt the pandemic's rising spread. President Donald Trump said the US government will purchase 100 million doses of Moderna’s experimental coronavirus vaccine. Still, doubts on whether Congress can agree on a US fiscal support bill rattled investors' sentiment. Meanwhile, presidential candidate Joe Biden announced Sen. Kamala Harris of California as his 2020 vice presidential running mate. The Dow Jones lost 105 points or 0.4% to 27,687. The S&P 500 retreated 27 points or 0.8% to 3334. The Nasdaq shed 186 points or 1.7% to 10,783.2020-08-12T01:04:46.693"
"Dow, S&P 500 Rise for 8th Straight Session",Stock Market,"Dow, S&P 500 Rise for 8th Straight SessionUnited States Stock MarketThe Dow Jones crossed 28,000 for the first time since February and the S&P 500 inched closer to a record high on Tuesday, following news that President Donald Trump was “very seriously” considering a capital gains tax cut, as well as reports that Russia has given regulatory approval for the world’s first Covid-19 vaccine. Stocks were also boosted by hopes for more stimulus after the White House signaled readiness to resume coronavirus aid talks with Democrats, while Senate Majority Leader Mitch McConnell said he was hoping a deal could be reached this week. Meanwhile, Nasdaq was down for the 3rd consecutive session as major tech shares struggled.2020-08-11T13:33:00"
Dollar Falls from 1-Week High Amid Stimulus Talks,Currency,"Dollar Falls from 1-Week High Amid Stimulus TalksUnited States CurrencyThe dollar index traded higher at 93.7 on Wednesday as investors await updates on the coronavirus relief package after officials in the White House and Congress said they were ready to resume negotiations after failing to reach an agreement last week. Also, President Trump said he’s considering a tax cut on capital gains and an income tax cut for middle-income families. Traders also continue to monitor US-China tensions with trade talks scheduled for August 15th after Washington imposed sanctions on senior Hong Kong and Chinese officials.2020-08-11T10:20:00"
Dollar Extends Recovery,Currency,"Dollar Extends RecoveryUnited States CurrencyThe dollar on Tuesday rose to a fresh one-week high of 93.72 against a basket of major currencies as investors focus on the US aid package and mounting tensions between the US and China after Beijing said it would impose sanctions on 11 US citizens, including Republican Sens. Ted Cruz and Marco Rubio. 2020-08-11T01:11:00"
Duke Energy earnings at 1.08 USD,Earnings,"Duke Energy earnings at 1.08 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.08 USD, compared to market expectations of 1.04 USD.2020-08-10T12:12:36.877"
US Stock Futures Point to Positive Start,Stock Market,"US Stock Futures Point to Positive StartUnited States Stock MarketUS stock futures cut losses to point to a positive open on Monday, after President Donald Trump signed four executive actions to extend coronavirus relief after negotiations between congressional Democrats and White House negotiators collapsed without a deal. Those orders continue the distribution of unemployment benefits at a reduced rate of $400 per week, provide a payroll tax holiday, delay student loan payments through 2020 and extend the federal moratorium on evictions. Meanwhile, tensions between the US and China escalated ahead of trade talks later this week, after Beijing said it would impose sanctions on a group of 11 US politicians in retaliation of last week's US sanctions on 11 Hong Kong and Chinese officials over the abuse of Uighur Muslims.2020-08-10T08:28:00"
Dollar Still Under Pressure,Currency,"Dollar Still Under Pressure United States CurrencyThe dollar index was hovering around 93.3 after Democrats and the White House failed to reach an agreement on a coronavirus stimulus relief bill last week. However, President Trump signed four executive actions to extend unemployment benefits, provide a payroll tax holiday, defer student loan payments through 2020 and extend the federal moratorium on evictions. The US currency has lost some interest following a sharp rise in coronavirus infections in the US, which have prompted fears of another round of economically damaging lockdowns.2020-08-10T01:12:32.823"
US Consumer Credit Grows Below Expectations,Consumer Credit,"US Consumer Credit Grows Below ExpectationsUnited States Consumer CreditConsumer credit in the United States rebounded by $8.95 billion in June 2020 after declining by $18.2 billion in the previous month, missing market expectations of a $10 billion increase. Total revolving credit declined by $2.3 billion after falling by $24.7 billion in May, whereas non-revolving credit by $11.3 billion after rising by $10.3 billion. On an annual basis, consumer credit climbed by 2.6 percent after decreasing 4.2 percent in the previous month.
2020-08-07T19:07:15.66"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 112992020-08-07T14:52:53.227
US 10-Year Bond Yield Rises on Strong Jobs Report,Government Bond 10Y,"US 10-Year Bond Yield Rises on Strong Jobs ReportUnited States Government Bond 10YThe yield on the benchmark 10-year US Treasury note rose to 0.549% on Friday, after recent data showed the US economy added more than 1.7 million jobs in July, above expectations and pushing the jobless rate to 10.2 percent. At the same time, the yield on the 30-year Treasury bond climbed to 1.214%.2020-08-07T12:46:22.17"
US Average Hourly Earnings Unexpectedly Rise,Average Hourly Earnings,"US Average Hourly Earnings Unexpectedly RiseUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls rose by 7 cents, or 0.2 percent over the month to USD 29.39 in July of 2020, against market expectations of a 0.5 percent decline and following a 1.3 percent fall in June. Average hourly earnings of private-sector production and nonsupervisory employees decreased by 11 cents to USD 24.63 in July. The large employment fluctuations--especially in lower-paid industries--over the past several months complicate the analysis of recent trends in average hourly earnings.2020-08-07T12:38:08.043"
US Stock Futures Cut Some Losses,Stock Market,"US Stock Futures Cut Some LossesUnited States Stock MarketUS stock futures erased early losses to point to a mixed start on Friday after the US jobs report showed the economy added more jobs than expected in July, mainly boosted by a jump in government payrolls. Private sector employment and manufacturing payrolls missed expectations. Meanwhile, tensions with China escalated after President Donald Trump signed executive orders banning US transactions with Chinese apps Tencent's WeChat and ByteDance's Tiktok, citing national security concerns. At the same time, investors await a coronavirus relief package to be delivered in the US today. On Thursday, the Dow Jones climbed to an 8-week high of 186 points or 0.7% to 27,387. The S&P 500 gained 21 points or 0.6% to 3349. The Nasdaq added 110 points or 1% to a fresh high of 11,108.2020-08-07T12:38:00"
US Stocks Set to Fall on Friday,Stock Market,"US Stocks Set to Fall on FridayUnited States Stock MarketUS stock futures pointed to a negative start on Friday as tensions with China escalated after President Donald Trump signed executive orders banning US transactions with Chinese apps Tencent's WeChat and ByteDance's Tiktok, citing national security concerns. At the same time, investors await a coronavirus relief package to be delivered in the US today. On Thursday, the Dow Jones climbed to an 8-week high of 186 points or 0.7% to 27,387. The S&P 500 gained 21 points or 0.6% to 3349. The Nasdaq added 110 points or 1% to a fresh high of 11,108.2020-08-07T09:58:40.647"
Dollar Tries to Recover from 2-Year Lows,Currency,"Dollar Tries to Recover from 2-Year LowsUnited States CurrencyThe dollar index recovered some ground to trade around 93.0 against a basket of currencies on Friday after hitting a two-year low in the previous session, as demand for safety was boosted by renewed tensions between the US and China after President Donald Trump banned transactions with Chinese apps Tencent's WeChat and ByteDance's Tiktok. At the same time, investors await a coronavirus stimulus package to be agreed by the White House and Democrats and key non-farm payroll data later in the day.2020-08-07T08:39:03.02"
US Jobless Rate Expected to Drop to 10.5%,Unemployment Rate,"US Jobless Rate Expected to Drop to 10.5%United States Unemployment RateThe unemployment rate in the US is expected to fall to 10.5 percent in July of 2020 from 11.1 percent in June as many businesses continued to reopen and rehire employees following COVID-19 lockdowns. However, the jobless rate would be above the Global Financial Crisis peak of 10.0%, and more than double than February’s 3.5% before the spread of the pandemic in the US. Official figures still may be far off the reality as many people are being classified as employed even though they are absent from work.2020-08-07T08:35:00"
Uber earnings at -1.02 USD,Earnings,"Uber earnings at -1.02 USDUnited States EarningsUber (UBER) released earnings per share at -1.02 USD, compared to market expectations of -0.86 USD.2020-08-06T22:15:57.217"
T-Mobile Us earnings at 0.61 USD,Earnings,"T-Mobile Us earnings at 0.61 USDUnited States EarningsT-Mobile Us (TMUS) released earnings per share at 0.61 USD, compared to market expectations of 0.11 USD.2020-08-06T20:51:21.307"
Illumina earnings at 0.62 USD,Earnings,"Illumina earnings at 0.62 USDUnited States EarningsIllumina (ILMN) released earnings per share at 0.62 USD, compared to market expectations of 0.72 USD.2020-08-06T20:18:34.59"
Stocks in United States Hit 8-week High,Stock Market,Stocks in United States Hit 8-week HighUnited States Stock MarketDow Jones increased to a 8-week high of 272842020-08-06T18:03:27.66
American Electric Power earnings at 1.08 USD,Earnings,"American Electric Power earnings at 1.08 USDUnited States EarningsAmerican Electric Power (AEP) released earnings per share at 1.08 USD, compared to market expectations of 1.06 USD.2020-08-06T17:11:50.853"
Bristol-Myers Squibb earnings at 1.63 USD,Earnings,"Bristol-Myers Squibb earnings at 1.63 USDUnited States EarningsBristol-Myers Squibb (BMY) released earnings per share at 1.63 USD, compared to market expectations of 1.46 USD.2020-08-06T16:28:07.97"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 111462020-08-06T13:32:12.577
US Stock Futures Set to Open Lower on Thursday,Stock Market,"US Stock Futures Set to Open Lower on ThursdayUnited States Stock MarketUS stock futures erased early gains to point to a negative start on Thursday, ahead of the weekly US jobless claims and as US lawmakers struggle to reach a deal on the coronavirus relief package. The White House said on Wednesday that they are prepared to walk away from negotiations and use executive actions by President Trump if an agreement isn’t within reach by the end of the week. Meantime, the US weekly jobless report is expected to show a slight decline in initial claims to 1.415 million during the week ending on August 1st from 1.434 million in the previous period. On Wednesday, the Dow Jones added 373 points or 1.4% to 27,202. The S&P 500 climbed 21 points or 0.6% to 3328. The Nasdaq jumped 57 points or 0.5% to a new record high of 10,998.2020-08-06T10:10:00"
Dollar Hits 2-Year Low as Stimulus Talks Continue,Currency,"Dollar Hits 2-Year Low as Stimulus Talks ContinueUnited States CurrencyThe dollar index edged lower on Friday as investors await US lawmakers to reach an agreement on a coronavirus relief package and expect the Federal Reserve to loosen policy further this year. The US government is expected to deliver a new stimulus plan by the end of the week, but there were no signs of an agreement as congressional Democrats and White House officials continued to be divided into key components of the bill. Also, the dollar was hit by fears of new business closures across the US due to the pandemic. 2020-08-06T08:20:00"
Fiserv earnings at 0.93 USD,Earnings,"Fiserv earnings at 0.93 USDUnited States EarningsFiserv (FISV) released earnings per share at 0.93 USD, compared to market expectations of 0.94 USD.2020-08-05T20:18:36.527"
Dow Jones traded above 27100,stock market,Dow Jones traded above 27100 United States stock marketDow Jones Industrial Average increased above 27100 points to 271022020-08-05T16:55:44.89
US Crude Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeUS crude oil stocks slumped by 7.373 million barrels in the week ended July 31st, 2020, after a 10.612 million decrease in the previous period and compared to market expectations of a 3.001 million drop, according to the EIA Petroleum Status Report. Meantime, gasoline inventories rose by 0.419 million barrels, while markets had forecast a 0.170 million fall.2020-08-05T14:33:00"
US Service Sector Activity Stabilizes in July,Services PMI,"US Service Sector Activity Stabilizes in JulyUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 50.0 in July 2020 from a preliminary estimate of 49.6 and compared to June's final reading of 47.9. The latest PMI figure signaled a stabilization in service sector business activity as economy continued to reopen following coronavirus-induced lockdowns in prior months. Employment increased for the first time since February, while new orders declined at a slightly quicker pace as domestic and foreign client demand remained muted. Backlogs of work rose marginally, but at the fastest rate for a year. On the price front, input costs and output charges rose at sharper rates as there were some reports of PPE-related costs rising, and supplier price hikes were partially passed on to customers. Finally, business confidence improved to the strongest since March 2019.2020-08-05T13:51:00"
US Composite PMI Revised Higher: Markit,Composite Pmi,"US Composite PMI Revised Higher: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI was revised higher to 50.3 in July of 2020 from a preliminary reading of 50 and 47.9 in the previous month. The latest reading signaled a fractional expansion in private sector business activity, but the first instance of growth since January. The upturn was largely driven by the resumption of business at manufacturers and service providers, but new business continued to fall. The decrease in new orders quickened slightly despite an expansion in manufacturing client demand. Private sector firms increased their workforce numbers, largely stemmed from an uptick in service sector staffing numbers as manufacturers reported a further fall. In contrast to the trend in client demand, firms expect output to rise over the coming year amid hopes of an end to the COVID-19 pandemic and an uptick in new sales. Finally, private sector companies recorded faster increases in output charges and input costs as supplier price hikes were partially passed on to customers.2020-08-05T13:50:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 111312020-08-05T13:30:00.413
US Imports Climb 4.7% in June,Imports,"US Imports Climb 4.7% in JuneUnited States ImportsImports to the United States increased USD 9.5 billion from the previous month to USD 208.9 billion in June of 2020. Goods purchases rose USD 9 billion, led by automotive vehicles, parts, and engines (up USD 9.7 billion), in particular passenger cars, automotive parts and accessories and trucks, buses, and special purpose vehicles. Also, imports of consumer goods were uo USD 4.7 billion, due to Cell phones and other household goods; Gem diamonds; Cotton apparel and household goods and Artwork and other collectibles. Meanwhile, imports rose for capital goods (up USD 2.2 billion) while those of industrial supplies and materials decreased USD 8.3 billion. Imports of services increased USD 0.5 billion.2020-08-05T12:41:57.083"
US Exports Rise for 1st Time in 4 Months,Exports,"US Exports Rise for 1st Time in 4 MonthsUnited States ExportsExports from the United States rose USD 13.6 billion from the previous month to USD 158.3 billion in June of 2020. It was the first gain in exports since February, suggesting an improvement in global demand after being depressed by the COVID-19 pandemic. Exports of goods increased USD 13.0 billion, led by automotive vehicles, parts, and engines (up USD 4.9 billion), capital goods (up USD 3.8 billion) and Industrial supplies and materials  (up USD 2.8 billion). Also, exports of services increased USD 0.6 billion.2020-08-05T12:35:00"
Humana earnings at 12.56 USD,Earnings,"Humana earnings at 12.56 USDUnited States EarningsHumana (HUM) released earnings per share at 12.56 USD, compared to market expectations of 10.34 USD.2020-08-05T12:12:25.55"
US Mortgage Applications Drop for 2nd Week,Mortgage Applications,"US Mortgage Applications Drop for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell by 5.1 percent in the week ended July 31st, the second consecutive period of decrease, despite rates hitting fresh record lows, data from the Mortgage Bankers Association showed. Applications to refinance a home loan were down 6.8 percent, while homebuyer mortgage applications declined 1.8 percent. Year-on-year, applications to refinance a home loan were 84% higher and those to purchase a home were up 22 percent. The average fixed 30-year mortgage rate dropped 6 bps to an all-time low of 3.14 percent.2020-08-05T11:09:00"
US Stocks Poised for Gains as Stimulus Talks Continue,Stock Market,"US Stocks Poised for Gains as Stimulus Talks ContinueUnited States Stock MarketUS stock futures pointed to a positive start on Wednesday as investors await news on a new coronavirus relief package. Treasury Secretary Steven Mnuchin said on Tuesday that congressional Democrats and White House negotiators were working to deliver a deal by the end of the week and that progress had been made on key components of the bill. At the same time, the US and China have agreed to meet on August 15th to assess Beijing's compliance with the bilateral trade agreement signed early this year. On Tuesday, the Dow Jones closed up 0.6% at 26,828; the S&P 500 advanced 0.4% to 3,307; and the Nasdaq Composite rose 0.4% to a record 10,941. 2020-08-05T09:02:00"
Walt Disney earnings at 0.8 USD,Earnings,"Walt Disney earnings at 0.8 USDUnited States EarningsWalt Disney (DIS) released earnings per share at 0.8 USD, compared to market expectations of -0.64 USD.2020-08-04T22:26:00"
Activision Blizzard earnings at 0.97 USD,Earnings,"Activision Blizzard earnings at 0.97 USDUnited States EarningsActivision Blizzard (ATVI) released earnings per share at 0.97 USD, compared to market expectations of 0.68 USD.2020-08-04T20:40:32.36"
ISM New York Index at 15-Month High,Ism New York Index,"ISM New York Index at 15-Month HighUnited States Ism New York IndexThe ISM New York Current Business Conditions index rose to 53.5 in July of 2020 from 39.5 in the previous month. It was the highest reading since April of 2019, as the city's economy recovers from the coronavirus hit. Employment, a seasonally adjusted index, rose 16.8 points to reach a 6 month high of 50.3. Current revenues rose 13.2 points to a 5 month high of 43.8 and expected revenues rose 7.2 points to 39.6, marking the second consecutive month of increases and a 5 month high. Meantime, quantity of purchases fell 2.7 points to 42.0 from the 7 month high of 44.7 reported in June.2020-08-04T14:02:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 110862020-08-04T13:47:32.483
Fidelity National Information Services earnings at 1.15 USD,Earnings,"Fidelity National Information Services earnings at 1.15 USDUnited States EarningsFidelity National Information Services (FIS) released earnings per share at 1.15 USD, compared to market expectations of 1.1 USD.2020-08-04T12:04:30.143"
Dollar Falls Back to 2-Year Low,Currency,"Dollar Falls Back to 2-Year LowUnited States CurrencyThe US dollar continued to depreciate against a basket of major currencies on Wednesday, as the United States faces the threat of new business closures due to the pandemic. Investors are also focused on new stimulus negotiations between Republicans and Democrats as any new measure has to be approved before the Senate leaves on an extended break on Friday.  On Monday, better-than-expected manufacturing data supported the currency after it suffered its worst performance in a decade in July.2020-08-04T09:24:00"
US Stocks Set to Open Lower on Tuesday,Stock Market,"US Stocks Set to Open Lower on TuesdayUnited States Stock MarketUS stock futures pointed to a negative start on Tuesday after posting solid gains on Monday as investors continue to monitor negotiations for a new coronavirus relief package. Congressional Democrats and White House negotiators said progress had been made despite Senate Minority Leader Chuck Schumer telling reporters that there were ""a lot of issues that are still outstanding"". Meanwhile, tech shares rallied after US President Donald Trump said that Microsoft had 45 days to reach a deal with TikTok owner ByteDance to buy the firm's operations in the US. On Monday, the Dow Jones climbed more than 200 points or 0.9%, the S&P 500 advanced 0.7% to its highest level since February 21st and the Nasdaq Composite closed up 1.5% at a record high.2020-08-04T08:22:00"
Russell 2000 Hits 7-week High,Stock Market,Russell 2000 Hits 7-week HighUnited States Stock MarketRussell 2000 increased to a 7-week high of 15082020-08-03T19:05:16.357
US Markit Manufacturing PMI Revised Lower,Manufacturing PMI,"US Markit Manufacturing PMI Revised LowerUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised lower to 50.9 in July 2020 from a preliminary estimate of 51.3 and compared to June's final 49.8. Still, the latest figure signaled a marginal improvement in the performance of the US manufacturing sector, the first since February.2020-08-03T13:57:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 110702020-08-03T13:44:55.763
Stocks in United States Hit 23-week High,Stock Market,Stocks in United States Hit 23-week HighUnited States Stock MarketS&P 500 increased to a 23-week high of 32922020-08-03T13:30:03.96
US Stock Futures Point to Mixed Start,Stock Market,"US Stock Futures Point to Mixed StartUnited States Stock MarketUS stock futures pointed to a mixed start on Monday with the Dow Jones and S&P 500 set to trade in the red and the Nasdaq seen opening higher. Investors continue to monitor negotiations for a new coronavirus relief package as Republicans and Democrats are eager to push through a bill before August 7th when the Senate is due to go into summer recess. The unemployment insurance benefit, which recently expired, continues to divide the two parties. At the same time, a global surge of new coronavirus cases showed no sign of abating, while US-China escalated after Secretary of State Mike Pompeo said Washington will announce new actions related to Chinese software companies. On Friday, Fitch Ratings cut the outlook on the US' rating to negative from stable, citing the ongoing deterioration in the US public finances and the absence of a credible fiscal consolidation plan. Last month, the Dow gained 2.3%, the S&P 500 added 5.5%, and the Nasdaq Composite climbed 6.8%.2020-08-03T08:03:00"
Dow Futures Fall,Stock Market,"Dow Futures FallUnited States Stock MarketDow Jones futures fell modestly Sunday night as US lawmakers struggled to reach a new stimulus plan while a global surge of new coronavirus cases showed no sign of abating. White House Chief of Staff Mark Meadows said he was not optimistic on reaching a deal for the next round of legislation to support Americans hit by the Covid-19 pandemic. Meantime, US-China tensions flared up after Secretary of State Mike Pompeo said Washington will announce new actions related to Chinese software companies. Last month, the Dow gained 2.3%, the S&P 500 added 5.5%, and the Nasdaq Composite climbed 6.8%. 2020-08-03T01:24:57.77"
Dollar Continues to Trend Higher,Currency,Dollar Continues to Trend Higher United States CurrencyDollar gained more ground on Monday against a basket of major rivals for the third straight session as investors rushed for the safety of the greenback as panic over new coronavirus cases gripped markets. 2020-08-03T01:09:55.847
Dollar on Track to Suffer Biggest Loss in a Decade,Currency,"Dollar on Track to Suffer Biggest Loss in a DecadeUnited States CurrencyThe dollar index reversed early losses to trade above 93 on Friday but was on track for a near 4.2% drop this month, its steepest monthly fall since September 2010, amid renewed concerns about the strength of the economic recovery in the US and the country's ability to control the pandemic. The economy shrank at a record pace in Q2 and initial jobless claims increased for a second week. President Trump's suggestion to delay the election in November also weighed on investors' mood. Meanwhile, the Fed is expected to leave rates near 0% for a while, saying the pandemic poses risks to the outlook. In fact, the number of infections is approaching 4.5 million and the death toll surpassed 150K. On Friday, data showed inflation-adjusted consumer spending rose but remained below its pre-pandemic level.2020-07-31T17:27:00"
Chicago PMI Jumps to Over 1-Year High,Chicago Pmi,"Chicago PMI Jumps to Over 1-Year HighUnited States Chicago PmiThe MNI Chicago Business Barometer in the US increased by 15.3 points from the previous month to 51.9 in July 2020, the highest since May 2019 and well above market expectations of 43.9. The latest reading pointed to the first expansion in economic activity in the Chicago region since August last year, as businesses resumed operations following coronavirus pandemic shock. Among five main subindexes, New Orders and Production saw the largest monthly gains, while Supplier Deliveries eased.2020-07-31T13:53:00"
Merck & Co earnings at 1.37 USD,Earnings,"Merck & Co earnings at 1.37 USDUnited States EarningsMerck & Co (MRK) released earnings per share at 1.37 USD, compared to market expectations of 1.06 USD.2020-07-31T13:42:55.517"
US PCE Prices Rise at Faster Pace in June,PCE Price Index Monthly Change,"US PCE Prices Rise at Faster Pace in JuneUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States rose 0.4 percent month-over-month in June 2020, following a 0.1 percent gain in May. Cost of services went up 0.2 percent, the same pace as in the previous period, while goods prices rebounded 0.7 percent, after being unchanged. Excluding food and energy, PCE prices rose 0.2 percent for a second straight month and in line with expectations. Year-on-year, the PCE price index advanced 0.8 percent and the core index increased 0.9 percent.2020-07-31T12:38:00"
US Employment Costs Rise the Least in 3 Years,Employment Cost Index,"US Employment Costs Rise the Least in 3 YearsUnited States Employment Cost IndexCompensation costs for civilian workers in the US increased 0.5 percent on quarter in the three months to June of 2020, easing from a 0.8 percent gain in the previous period. It was the smallest gain since Q2 2017 and compares to market expectations of a 0.6 percent growth. Wages and salaries rose 0.4 percent, below 0.9 percent in the first quarter; while benefit costs went up 0.8 percent, faster than 0.4 percent. 2020-07-31T12:32:00"
Illinois Tool Works earnings at 1.09 USD,Earnings,"Illinois Tool Works earnings at 1.09 USDUnited States EarningsIllinois Tool Works (ITW) released earnings per share at 1.09 USD, compared to market expectations of 0.7 USD.2020-07-31T12:22:48.287"
Exxon Mobil earnings at -0.70 USD,Earnings,"Exxon Mobil earnings at -0.70 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at -0.70 USD, compared to market expectations of -0.61 USD.2020-07-31T11:38:53.82"
Chevron earnings at -4.44 USD,Earnings,"Chevron earnings at -4.44 USDUnited States EarningsChevron (CVX) released earnings per share at -4.44 USD, compared to market expectations of -0.92 USD.2020-07-31T10:49:59.827"
US 10Y Bond Yield Hits 20-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 20-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 20-week low of 0.525%2020-07-31T03:31:07.703
Northrop Grumman earnings at 6.01 USD,Earnings,"Northrop Grumman earnings at 6.01 USDUnited States EarningsNorthrop Grumman (NOC) released earnings per share at 6.01 USD, compared to market expectations of 5.34 USD.2020-07-30T21:44:04.207"
Digital Realty earnings at 1.54 USD,Earnings,"Digital Realty earnings at 1.54 USDUnited States EarningsDigital Realty (DLR) released earnings per share at 1.54 USD, compared to market expectations of 1.48 USD.2020-07-30T20:51:14.783"
Apple earnings at 2.58 USD,Earnings,"Apple earnings at 2.58 USDUnited States EarningsApple (AAPL) released earnings per share at 2.58 USD, compared to market expectations of 2.03 USD.2020-07-30T20:51:12.163"
Stryker earnings at 0.64 USD,Earnings,"Stryker earnings at 0.64 USDUnited States EarningsStryker (SYK) released earnings per share at 0.64 USD, compared to market expectations of 0.62 USD.2020-07-30T20:40:19.223"
Vertex Pharmaceuticals earnings at 2.61 USD,Earnings,"Vertex Pharmaceuticals earnings at 2.61 USDUnited States EarningsVertex Pharmaceuticals (VRTX) released earnings per share at 2.61 USD, compared to market expectations of 2.13 USD.2020-07-30T20:29:24.657"
Facebook earnings at 1.8 USD,Earnings,"Facebook earnings at 1.8 USDUnited States EarningsFacebook (FB) released earnings per share at 1.8 USD, compared to market expectations of 1.44 USD.2020-07-30T20:29:24.127"
Amazon earnings at 10.30 USD,Earnings,"Amazon earnings at 10.30 USDUnited States EarningsAmazon (AMZN) released earnings per share at 10.30 USD, compared to market expectations of 1.46 USD.2020-07-30T20:25:44.623"
Gilead Sciences earnings at 1.11 USD,Earnings,"Gilead Sciences earnings at 1.11 USDUnited States EarningsGilead Sciences (GILD) released earnings per share at 1.11 USD, compared to market expectations of 1.46 USD.2020-07-30T20:18:29.83"
Marsh & McLennan Companies earnings at 1.32 USD,Earnings,"Marsh & McLennan Companies earnings at 1.32 USDUnited States EarningsMarsh & McLennan Companies (MMC) released earnings per share at 1.32 USD, compared to market expectations of 1.13 USD.2020-07-30T19:12:48.847"
Dow Jones traded below 26000,stock market,Dow Jones traded below 26000 United States stock marketDow Jones Industrial Average decresed below 26000 points to 259982020-07-30T13:59:09.58
Dollar Rises Slightly,Currency,"Dollar Rises SlightlyUnited States CurrencyThe dollar index gained near 0.2% to 93.6 on Thursday as investors' risk appetite dampened amid a worldwide spike in coronavirus cases. Also, preliminary figures for German GDP growth showed the economy shrank at a faster-than-expected 10.1% in Q2, suggesting the pandemic took a bigger toll in Europe than initially  anticipated.2020-07-30T09:35:06.27"
US 10-Year Treasury Yield Unchanged after Fed,Government Bond 10Y,"US 10-Year Treasury Yield Unchanged after FedUnited States Government Bond 10YThe yield on the US 10-year Treasury bond remained flat at 0.58% on Wednesday after the Federal Reserve kept the fed funds rate and its asset purchase program unchanged, in line with expectations. The 10-year Treasury yield has been around record low levels as the coronavirus pandemic seems far from controlled worldwide and specially in the US. 2020-07-29T18:35:14.28"
US Crude Stocks Fall the Most for 7 Months,Crude Oil Stocks Change,"US Crude Stocks Fall the Most for 7 MonthsUnited States Crude Oil Stocks ChangeUS crude oil stocks slumped by 10.612 million barrels in the week ended July 24th, 2020, after a 4.892 million increase in the previous period and compared with market expectations of a 0.357 million advance, according to the EIA Petroleum Status Report. That was the largest decline in crude inventories since December 27th, 2019. Meantime, gasoline inventories rose by 0.654 million barrels, while markets had forecast a 0.733 million fall.2020-07-29T14:35:00"
US Futures Rise,Stock Market,"US Futures Rise United States Stock MarketUS futures traded higher on Wednesday as investors focus on another round of corporate earnings: Boeing and General Electric disappointed while those for GM came better-than-expected. ADP, Facebook and Paypal also are due to report later in the day. Investors also await the Federal Reserve monetary policy decision although the central bank is not seen making changes to the fed funds rate or asset purchases. Meanwhile, the new $1 trillion stimulus package proposed by Senate Republicans is facing opposition from the Republicans, the Democrats and President Trump. Talks took a pessimistic tone just days ahead of the expiration of the current unemployment benefit received by more than 20 million Americans. On the coronavirus front, Arkansas, California, Florida, Montana, Oregon and Texas reported a record rise in deaths. On Tuesday, the Dow Jones retreated 205 points or 0.8% to 26,380. The S&P 500 shed 21 points or 0.7% to 3219. The Nasdaq lost 134 points or 1.3% to 10,402.2020-07-29T12:12:00"
Boston Scientific earnings at 0.08 USD,Earnings,Boston Scientific earnings at 0.08 USDUnited States EarningsBoston Scientific (BSX) released earnings per share at 0.08 USD.2020-07-29T11:55:33.643
Boeing earnings at -4.79 USD,Earnings,Boeing earnings at -4.79 USDUnited States EarningsBoeing (BA) released earnings per share at -4.79 USD.2020-07-29T11:32:46.047
US Mortgage Applications Fall for 1st Time in a Month,Mortgage Applications,"US Mortgage Applications Fall for 1st Time in a MonthUnited States Mortgage ApplicationsMortgage applications in the United States fell 0.8 percent in the week ended July 24th, following three consecutive periods of increases, data from the Mortgage Bankers Association showed. Homebuyer moortgage applications were down 1.5 percent, while applications to refinance a home loan dropped 0.4 percent. The average fixed 30-year mortgage rate stood at 3.20 percent, remaining close to an all-time low of 3.19 percent hit two weeks ago.2020-07-29T11:05:00"
General Electric earnings at -0.15 USD,Earnings,General Electric earnings at -0.15 USDUnited States EarningsGeneral Electric (GE) released earnings per share at -0.15 USD.2020-07-29T10:25:28.673
Dow Futures Struggle to Hold Gains,Stock Market,"Dow Futures Struggle to Hold GainsUnited States Stock MarketDow Jones futures erased earlier gains while both the S&P 500 and the Nasdaq traded higher on Wednesday as investors focus on another round of corporate earnings with ADP, Boeing, Facebook, General Electric, GM and Paypal due to report later in the day. Investors also await the Federal Reserve monetary policy decision although the central bank is not seen making changes to the fed funds rate or asset purchases. Meanwhile, the new $1 trillion stimulus package proposed by Senate Republicans is facing opposition from the Republicans, the Democrats and President Trump. Talks took a pessimistic tone just days ahead of the expiration of the current unemployment benefit received by more than 20 million Americans. On the coronavirus front, Arkansas, California, Florida, Montana, Oregon and Texas reported a record rise in deaths. On Tuesday, the Dow Jones retreated 205 points or 0.8% to 26,380. The S&P 500 shed 21 points or 0.7% to 3219. The Nasdaq lost 134 points or 1.3% to 10,402.2020-07-29T08:03:00"
Dollar Remains at 2-Year Low,Currency,"Dollar Remains at 2-Year LowUnited States CurrencyThe dollar index traded slightly lower at 93.6 on Wednesday, close to levels not seen since June of 2018, as investors cast doubts on the US strong economic recovery and ability to control the pandemic. Investors also await the Fed monetary policy decision later in the day although the central bank is not expected to make changes to the federal funds rate or its assets purchases. Meanwhile, uncertainties mount regarding the $1 trillion stimulus package proposed by Senate Republicans, as it faces some form of opposition from the Republicans, Democrats and President Trump.2020-07-29T07:39:00"
Chubb earnings at -0.56 USD,Earnings,Chubb earnings at -0.56 USDUnited States EarningsChubb (CB) released earnings per share at -0.56 USD.2020-07-28T21:02:02.95
Advanced Micro Devices earnings at 0.18 USD,Earnings,Advanced Micro Devices earnings at 0.18 USDUnited States EarningsAdvanced Micro Devices (AMD) released earnings per share at 0.18 USD.2020-07-28T20:51:07.717
Starbucks earnings at -0.46 USD,Earnings,Starbucks earnings at -0.46 USDUnited States EarningsStarbucks (SBUX) released earnings per share at -0.46 USD.2020-07-28T20:29:11.43
Visa earnings at 1.06 USD,Earnings,Visa earnings at 1.06 USDUnited States EarningsVisa (V) released earnings per share at 1.06 USD.2020-07-28T20:29:10.82
Amgen earnings at 4.25 USD,Earnings,Amgen earnings at 4.25 USDUnited States EarningsAmgen (AMGN) released earnings per share at 4.25 USD.2020-07-28T20:18:14.167
US Stocks Tank on Stimulus Uncertainty,Stock Market,"US Stocks Tank on Stimulus UncertaintyUnited States Stock MarketWall Street closed in the red with losses accelerating near the closing bell dragged by Big Tech, as the Fed started its two-day policy meeting and the fiscal stimulus debate continued in the US Congress. On Tuesday, Senate Majority Leader Mitch McConnell said he will not negotiate with Democrats on liability protections in the coronavirus bill, as the two parties remain apart in a deal. On the corporate side, the Dow was dragged by disappointing earnings from McDonald’s and 3M, as the former suffered a 30% drop in overall revenue and the latter booked both a revenue and earnings miss. The Dow Jones retreated 205 points or 0.8% to 26,380. The S&P 500 shed 21 points or 0.7% to 3219. The Nasdaq lost 134 points or 1.3% to 10,402.
2020-07-28T20:02:00"
"US Stocks Fall on Earnings, Stimulus Debate",Stock Market,"US Stocks Fall on Earnings, Stimulus DebateUnited States Stock MarketWall Street traded lower on Tuesday after McDonalds and 3M missed profit expectations due to plunging demand, while drugmaker Pfizer reported stronger-than-expected earnings. Uncertainties surrounding spiking coronavirus and a stimulus package continued to weigh, after a $1 trillion relief plan unveiled by Senate Republicans on Monday faced opposition from both Democrats and Republicans. Meanwhile, the Federal Reserve's announcement of a three-month extension of its lending programs helped to curb the losses. US Fed officials are expected to maintain their accommodative stance at the end of a two-day monetary policy meeting starting today, with investor focus turning to the central bank's economic outlook.2020-07-28T13:36:00"
Sherwin-Williams earnings at 7.10 USD,Earnings,Sherwin-Williams earnings at 7.10 USDUnited States EarningsSherwin-Williams (SHW) released earnings per share at 7.10 USD.2020-07-28T12:54:11.727
Ecolab earnings at 0.65 USD,Earnings,Ecolab earnings at 0.65 USDUnited States EarningsEcolab (ECL) released earnings per share at 0.65 USD.2020-07-28T12:41:34.833
Roper Industries earnings at 2.94 USD,Earnings,Roper Industries earnings at 2.94 USDUnited States EarningsRoper Industries (ROP) released earnings per share at 2.94 USD.2020-07-28T12:08:54.387
S&P Global Inc earnings at 3.4 USD,Earnings,S&P Global Inc earnings at 3.4 USDUnited States EarningsS&P Global Inc (SPGI) released earnings per share at 3.4 USD.2020-07-28T12:08:54.37
Centene earnings at 2.4 USD,Earnings,Centene earnings at 2.4 USDUnited States EarningsCentene (CNC) released earnings per share at 2.4 USD.2020-07-28T12:08:42.837
McDonalds earnings at 0.66 USD,Earnings,"McDonalds earnings at 0.66 USDUnited States EarningsMcDonalds (MCD) released earnings per share at 0.66 USD, compared to market expectations of 0.76 USD.2020-07-28T11:03:00"
3M earnings at 1.78 USD,Earnings,3M earnings at 1.78 USDUnited States Earnings3M (MMM) released earnings per share at 1.78 USD.2020-07-28T10:49:21.933
Pfizer earnings at 0.78 USD,Earnings,Pfizer earnings at 0.78 USDUnited States EarningsPfizer (PFE) released earnings per share at 0.78 USD.2020-07-28T10:47:05.153
US Futures Trade Lower,Stock Market,"US Futures Trade LowerUnited States Stock MarketStock futures in the US pointed to losses at the open on Tuesday, with both the S&P 500 and the Nasdaq reversing earlier gains and the Dow trading deeper in negative territory. Earnings from 3M and McDonald's disappointed while results from Pfizer beat. Meanwhile, US lawmakers continue negotiations on the next coronavirus-stimulus plan after Republicans presented its $1 trillion package which includes direct $1,200 payments to Americans and a weekly $200 unemployment benefit, below the current $600. Traders also await the Fed's monetary policy two-day meeting to start later in the day in which policymakers are expected to signal more stimulus. On Monday, the Dow Jones added 115 points or 0.4% to 26,585. The S&P 500 climbed 24 points or 0.7% to 3239 while the Nasdaq jumped 173 points or 1.7% to 10,536.2020-07-28T07:20:00"
U.S Futures Optimistic on Stimulus,Stock Market,"U.S Futures Optimistic on StimulusUnited States Stock MarketU.S. stock futures gained slightly in early Asian trade as Senate Republicans presented their US$1 trillion stimulus plan to bolster the pandemic-ravaged U.S. economy in a series of bills that would send $1,200 payments to most Americans and shield businesses, schools and other organizations from lawsuits stemming from coronavirus infections. However, Republicans also propose cutting unemployment benefits to US$200 weekly from US$600 until states are able to create a system that would provide 70% of a laid-off worker’s previous pay up to a state-set cap. On Monday, The Dow Jones added 115 points or 0.4% to 26,585. The S&P 500 climbed 24 points or 0.7% to 3239 while the Nasdaq jumped 173 points or 1.7% to 10,536.
.2020-07-27T23:10:00"
USD Drops for 6th Session,Currency,"USD Drops for 6th SessionUnited States CurrencyThe dollar index sank for the 6th straight session to 93.6 on Monday 27 July 2020, the lowest since June 14th 2018, amid increasing concerns about the economic recovery in the US and as the Fed and US Congress are likely to signal more stimulus measures during the week. Florida, Arizona and Tennessee recorded a record number of coronavirus cases on Sunday, in another sign that the US is struggling to contain the pandemic and further casting doubts about the country's economic recovery.2020-07-27T21:20:00"
US Stocks Rebound Nudged by Tech,Stock Market,"US Stocks Rebound Nudged by TechUnited States Stock MarketWall Street closed in the green to kick off the week, as Apple nudged the tech sector and investors braced for another big round of corporate earnings, US lawmakers stimulus negotiations and Fed's monetary policy decision on Wednesday. Senate Republicans propose cutting the weekly unemployment benefits to $200 from $600 until states can pay 70% of a laid-off worker’s previous income, news showed. On the corporate side, Apple, McDonald’s, Pfizer, Alphabet and AMD are among the companies slated to release earnings this week. The Dow Jones added 115 points or 0.4% to 26,585. The S&P 500 climbed 24 points or 0.7% to 3239. The Nasdaq jumped 173 points or 1.7% to 10,536.
2020-07-27T20:05:00"
U.S Futures Cautious Ahead of Earnings,Stock Market,"U.S Futures Cautious Ahead of EarningsUnited States Stock MarketU.S. stock futures slipped in early Asian trade as investors braced for a big week of corporate earnings, while U.S lawmakers continued coronavirus stimulus negotiations. McDonald’s, Pfizer, Alphabet, Apple and AMD are among the companies due to release their latest quarterly figures this week. Meantime, White House economic advisor Larry Kudlow confirmed that the next round of coronavirus relief will include US$1,200 stimulus payments to Americans, while noting that the Trump administration will lengthen the federal eviction moratorium. The Dow Jones Industrial Average futures traded 60 points lower, or 0.2%, while S&P 500 and Nasdaq 100 futures both fell 0.2%.2020-07-26T23:03:00"
US Private Sector Output Stabilizes in July,Composite Pmi,"US Private Sector Output Stabilizes in JulyUnited States Composite PmiThe IHS Markit US Composite PMI rose to 50.0 in July 2020 from 47.9 in the previous month, a preliminary estimate showed, signalling a stabilization in private sector output following five months of contraction. Service sector output contracted at a softer pace, while manufacturing production grew slightly. Overall new orders continued to decline following the re-imposition of lockdown measures in several states, amid a spike in COVID-19 cases. Still, employment increased in July, bringing to an end a four-month sequence of job shedding. On the price front, inflationary pressures intensified at the start of the third quarter. Looking ahead, business optimism was the strongest since April 2019, amid expectations that the recovery in client demand will continue amid hopes of an end to the pandemic.2020-07-24T13:59:00"
NextEra Energy earnings at 2.61 USD,Earnings,NextEra Energy earnings at 2.61 USDUnited States EarningsNextEra Energy (NEE) released earnings per share at 2.61 USD.2020-07-24T11:49:31.723
Verizon earnings at 1.18 USD,Earnings,Verizon earnings at 1.18 USDUnited States EarningsVerizon (VZ) released earnings per share at 1.18 USD.2020-07-24T11:34:51.713
American Express earnings at 0.29 USD,Earnings,American Express earnings at 0.29 USDUnited States EarningsAmerican Express (AXP) released earnings per share at 0.29 USD.2020-07-24T11:06:21.72
US Futures Trade Lower,Stock Market,"US Futures Trade LowerUnited States Stock MarketStock futures in the US extended Thursday's sell-off, amid rising tensions between the US and China and weak economic data. Beijing ordered Washington to close its consulate in Chengdu, in response to the US decision to close the Chinese consulate in Houston. Meanwhile, filings for weekly unemployment benefits rose for the first time in nearly 4 months, a sign that the American labour market still has a long way to full recovery from the pandemic. On the earnings front, results for Honeywell International, American Express and Verizon beat forecasts. On Thursday, the Dow Jones lost 354 points or 1.3% to 26,652. The S&P 500 tanked 40 points 1.2% to 3236. The Nasdaq plummeted 245 points or 2.3% to 10,461.2020-07-24T11:04:00"
Honeywell International earnings at 1.26 USD,Earnings,Honeywell International earnings at 1.26 USDUnited States EarningsHoneywell International (HON) released earnings per share at 1.26 USD.2020-07-24T10:55:25.94
Dollar Index Hits 21-month Low,currency,"Dollar Index Hits 21-month LowUnited States currencyThe dollar depreciated to a 21-month low of 94.581 on Friday, extending the decline for the sixth straight session on expectations the US economy will underperform its peers in the developed world. US jobless claims unexpectedly rose last week for the first time in nearly four months, while a jump in new coronavirus infections brought the overall number of cases in the United States to over 4 million.2020-07-24T01:17:00"
Edwards Lifesciences earnings at 0.34 USD,Earnings,Edwards Lifesciences earnings at 0.34 USDUnited States EarningsEdwards Lifesciences (EW) released earnings per share at 0.34 USD.2020-07-23T20:39:20.497
Intel earnings at 1.23 USD,Earnings,Intel earnings at 1.23 USDUnited States EarningsIntel (INTC) released earnings per share at 1.23 USD.2020-07-23T20:17:34.803
Dollar Weakest in 2 Years,Currency,"Dollar Weakest in 2 YearsUnited States CurrencyThe dollar index extended the decline for the seventh straight session on Friday, to trade around 94.6, its lowest level since September 2018 amid expectations that further policy easing might be needed after jobless claims unexpectedly rose last week for the first time in nearly four months. Investors came to terms that US recovery will take longer as the coronavirus pandemic in the US is far from controlled and some states have rolled back reopening plans. Meanwhile, other countries including EU members seem to have passed the pick of infections and initiated new stimulus schemes to support further the economic recovery.2020-07-23T16:15:00"
Dollar Trades Lower,Currency,"Dollar Trades LowerUnited States CurrencyThe dollar index traded lower and below 95 on Thursday, close to levels not seen since early March as investors came to terms that US recovery will take longer as the coronavirus pandemic in the US is far from controlled and some states have rolled back reopening plans. Meanwhile, other countries including EU members seem to have passed the pick of infections and initiated new stimulus schemes to support further the economic recovery. Earlier in the session, the dollar briefly gained after the claims report showed initial claims rose for the first time since March.2020-07-23T14:13:50.4"
Dollar Erases Losses on Stimulus Plan,Currency,"Dollar Erases Losses on Stimulus PlanUnited States CurrencyThe dollar index reversed earlier losses to trade slightly higher on Thursday after Treasury Secretary Steven Mnuchin told CNBC that the Republican coronavirus plan will extend the unemployment insurance “based on approximately 70% wage replacement"". He also told the White House is focused on ""putting another trillion in quickly, that’ll be CARES 4.0. If we’ve got to come back for CARES 5.0, for more money, the president will consider that the time"". Earlier in the session, the dollar touched 94.77, a new low since March 9th as investors came to terms that US recovery will take longer as the coronavirus pandemic in the US is far from controlled and some states have rolled back reopening plans. Meanwhile, other countries including EU members seem to have passed the pick of infections and initiated new stimulus schemes to support further the economic recovery.2020-07-23T13:30:00"
Union Pacific earnings at 1.67 USD,Earnings,Union Pacific earnings at 1.67 USDUnited States EarningsUnion Pacific (UNP) released earnings per share at 1.67 USD.2020-07-23T12:19:11.517
Blackstone earnings at 0.43 USD,Earnings,Blackstone earnings at 0.43 USDUnited States EarningsBlackstone (BX) released earnings per share at 0.43 USD.2020-07-23T12:08:20.647
Kimberly Clark earnings at 2.20 USD,Earnings,Kimberly Clark earnings at 2.20 USDUnited States EarningsKimberly Clark (KMB) released earnings per share at 2.20 USD.2020-07-23T11:40:20.087
AT&T earnings at 0.83 USD,Earnings,AT&T earnings at 0.83 USDUnited States EarningsAT&T (T) released earnings per share at 0.83 USD.2020-07-23T11:23:21.897
Danaher earnings at 1.44 USD,Earnings,Danaher earnings at 1.44 USDUnited States EarningsDanaher (DHR) released earnings per share at 1.44 USD.2020-07-23T10:38:48.027
Air Products & Chemicals earnings at 2.01 USD,Earnings,Air Products & Chemicals earnings at 2.01 USDUnited States EarningsAir Products & Chemicals (APD) released earnings per share at 2.01 USD.2020-07-23T10:37:22.01
US Futures Rise for 2nd Day,stock market,"US Futures Rise for 2nd DayUnited States stock marketStock futures in the US traded in the green on Thursday, extending gains from the previous session, as investors try to shrug off rising US-China tensions and focus on earnings and new stimulus measures. Earnings from Microsoft and Tesla beat forecasts while report for Microsoft pointed to slower growth. AT&T, Blackstone and Intel are among those companies due to report today. Meanwhile, Senate Republicans and the White House agreed on a tentative stimulus plan, including $16 billion in new funding for testing and more than $100 billion will go toward schools. On Wednesday, the Dow Jones rose 165 points or 0.6% to 27,006. The S&P 500 gained 0.6% hitting 5-month high of 3,277. The Nasdaq advanced 0.2% to 10,706.
2020-07-23T06:47:00"
Microsoft earnings at 1.46 USD,Earnings,Microsoft earnings at 1.46 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 1.46 USD.2020-07-23T00:01:36.483
Tesla earnings at 2.18 USD,Earnings,Tesla earnings at 2.18 USDUnited States EarningsTesla (TSLA) released earnings per share at 2.18 USD.2020-07-22T20:49:58.56
The Dow Jones Index rose 0.64%,Stock Market,"The Dow Jones Index rose 0.64%United States Stock MarketUnited States Stock Market rose 171 points. Leading the gains are Pfizer (5.21%), McDonalds (2.95%) and Travelers Companies (1.59%). Top losers were Goldman Sachs (-2.80%), Exxon Mobil (-2.24%) and JPMorgan Chase (-0.74%).2020-07-22T20:30:01.953"
Las Vegas Sands earnings at -1.05 USD,Earnings,Las Vegas Sands earnings at -1.05 USDUnited States EarningsLas Vegas Sands (LVS) released earnings per share at -1.05 USD.2020-07-22T20:28:09.857
US Stocks Edge Higher on Wednesday,Stock Market,"US Stocks Edge Higher on WednesdayUnited States Stock MarketUS stocks rose slightly after a mixed start Wednesday helped by news that the US government had agreed to buy 100 million coronavirus vaccines from Pfizer and BioNTech. Meanwhile, Washington ordered Beijing to close its Houston consulate, citing a need to protect intellectual property and information. Chinese officials said the US move was an ""unprecedented escalation of its recent actions against China"", and threatened to retaliate. Investors will also continue to monitor negotiations between Republicans and Democrats on the next stimulus package, with little progress being made on Tuesday as divergences remain on many issues including a payroll tax cut and the size of the new plan. On the corporate front, Snap and United Airlines' quarterly reports came in weaker than expected, while Microsoft and Tesla will be releasing their results after the closing bell.2020-07-22T13:34:00"
Thermo Fisher Scientific earnings at 3.89 USD,Earnings,Thermo Fisher Scientific earnings at 3.89 USDUnited States EarningsThermo Fisher Scientific (TMO) released earnings per share at 3.89 USD.2020-07-22T11:47:18.943
Biogen earnings at 10.26 USD,Earnings,Biogen earnings at 10.26 USDUnited States EarningsBiogen (BIIB) released earnings per share at 10.26 USD.2020-07-22T11:39:50.733
Dollar Volatile on US-China Tensions,Currency,"Dollar Volatile on US-China TensionsUnited States CurrencyThe dollar was little changed on Thursday as inventors digested ongoing tensions between Washington and Beijing after the US abruptly told China to close its consulate in Houston to protect American intellectual property and the private information of its citizens. In response, China said it is considering closing the US consulate in Wuhan. Still, it traded below 95, the lowest since March 9th and erasing earlier gains amid prospects of further coronavirus-related fiscal stimulus from the US, Europe and China and hopes that a coronavirus vaccine will be available soon. 2020-07-22T10:32:00"
Dollar Reverses Losses on US-China Tensions,Currency,"Dollar Reverses Losses on US-China TensionsUnited States CurrencyThe dollar index paused a 3-day losing streak to trade slightly higher at 95.3 on Wednesday amid mounting tensions between Washington and Beijing after the US abruptly told China to close its consulate in Houston to protect American intellectual property and the private information of its citizens. In response, China said it is considering closing the US consulate in Wuhan. Still, the dollar remains close to levels not seen since early-March amid prospects of further coronavirus-related fiscal stimulus from the US, Europe and China and hopes that a coronavirus vaccine will be available soon.2020-07-22T08:32:00"
Dow Futures Fall amid US-China Tensions,Stock Market,"Dow Futures Fall amid US-China TensionsUnited States Stock MarketDow Jones futures extended losses, the S&P 500 reversed earlier gains while the Nasdaq traded higher on Wednesday amid mounting tensions between Washington and Beijing after the US abruptly told China to close its consulate in Houston to protect American intellectual property and the private information of its citizens. In response, China said it is considering closing the US consulate in Wuhan. Meanwhile, investors continue to follow negotiations between Republicans and Democrats on the next stimulus package, with little progress made on Tuesday as divergences remain on many issues including a payroll tax cut and the amount of the new plan. On the earnings front, Microsoft, Tesla, CSX and Las Vegas Sands are due to report today. On Tuesday, the Dow Jones climbed 159 points or 0.6% to 26,840. The S&P 500 gained 5 points or 0.2% to 3257. The Nasdaq lost 87 points or 0.8% to 10,680.2020-07-22T08:27:00"
Dow Futures Trade Near the Flatline,Stock Market,"Dow Futures Trade Near the FlatlineUnited States Stock MarketDow Jones futures traded around the flatline while both the S&P 500 and the Nasdaq pointed to gains at the open on Wednesday. Investors continue to follow negotiations between Republicans and Democrats on the next stimulus package, with little progress made on Tuesday as divergences remain on many issues including a payroll tax cut, tie money to the reopening of schools and the amount of the new plan. On the earnings front, Microsoft, Tesla, CSX and Las Vegas Sands are due to report today. Meanwhile, Texas and Florida reported record number of coronavirus deaths on Monday, based on a seven-day moving average, according to CNBC. Also, President Trump said the pandemic in the US will probably “get worse before it gets better.” On Tuesday, the Dow Jones climbed 159 points or 0.6% to 26,840. The S&P 500 gained 5 points or 0.2% to 3257. The Nasdaq lost 87 points or 0.8% to 10,680.2020-07-22T07:07:00"
Dollar Hovers Near 5-Month Low,Currency,"Dollar Hovers Near 5-Month LowUnited States CurrencyThe dollar index stood at 95.1, a level not seen since early-March, as expectations of further US coronavirus-related fiscal stimulus helped boost risk appetite and reduced demand for the safe-haven currency. Investors were already reducing dollar exposure following an agreement among European Union leaders on a €750 billion fund to prop up coronavirus-hit economies. 2020-07-22T01:36:02.45"
US Stock Futures Rally,Stock Market,"US Stock Futures RallyUnited States Stock MarketUS stock index futures rose overnight as major tech companies are expected to report quarterly results on Wednesday, with Microsoft and Tesla among the most highly awaited. Investors will also focus on further US coronavirus-related fiscal stimulus after $3 trillion was injected earlier this year to support the world’s largest economy. On Tuesday, the Dow Jones climbed 159 points or 0.6% to 26,840. The S&P 500 gained 5 points or 0.2% to 3257. The Nasdaq lost 87 points or 0.8% to 10,680.2020-07-22T01:00:00"
US Crude Stocks Build,API Crude Oil Stock Change,"US Crude Stocks BuildUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States jumped by 7.54 million barrels in the week ended July 17th of 2020, after a massive 8.32 million drop in the previous week, data from the American Petroleum Institute showed. 2020-07-21T20:54:55.77"
Intuitive Surgical earnings at 1.11 USD,Earnings,Intuitive Surgical earnings at 1.11 USDUnited States EarningsIntuitive Surgical (ISRG) released earnings per share at 1.11 USD.2020-07-21T20:27:50.81
Texas Instruments earnings at 1.48 USD,Earnings,Texas Instruments earnings at 1.48 USDUnited States EarningsTexas Instruments (TXN) released earnings per share at 1.48 USD.2020-07-21T20:16:48.727
US Stocks Close Mixed,Stock Market,"US Stocks Close MixedUnited States Stock MarketWall Street was little changed on Tuesday, as investors closed some tech positions but solid Q2 earnings from value stocks nudged the Dow higher despite some last-minute pullback. On the corporate side, IBM reported better than expected numbers, improving gross margins in three of its five units. Meanwhile, Coca Cola’s profit dropped 33% but the company expressed optimism on demand. On the macro side, the European Commission agreed to a 750 billion euros stimulus program designed to help countries most affected by the pandemic. The Dow Jones climbed 159 points or 0.6% to 26,840. The S&P 500 gained 5 points or 0.2% to 3257. The Nasdaq lost 87 points or 0.8% to 10,680.
2020-07-21T20:04:00"
Dow Extends Gains on Upbeat Earnings,Stock Market,"Dow Extends Gains on Upbeat EarningsUnited States Stock MarketThe Dow Jones and the S&P 500 rose on Tuesday helped by positive earnings reports from companies such as IBM, Coca-Cola, Lockheed Martin, Philip Morris, Novartis and ProLogis, as well as promising early data from trials of three potential vaccines. Investors also cheered news that EU leaders had agreed on a massive coronavirus relief program, while awaited further details about a fresh aid package in the US. US lawmakers have less than two weeks to agree on stimulus before assistance runs out for millions of Americans hit by the coronavirus crisis.2020-07-21T13:33:00"
ProLogis earnings at 1.11 USD,Earnings,ProLogis earnings at 1.11 USDUnited States EarningsProLogis (PLD) released earnings per share at 1.11 USD.2020-07-21T12:17:32.517
Lockheed Martin earnings at 5.79 USD,Earnings,Lockheed Martin earnings at 5.79 USDUnited States EarningsLockheed Martin (LMT) released earnings per share at 5.79 USD.2020-07-21T11:32:31.053
Philip Morris International earnings at 1.29 USD,Earnings,Philip Morris International earnings at 1.29 USDUnited States EarningsPhilip Morris International (PM) released earnings per share at 1.29 USD.2020-07-21T11:04:20.887
Coca-Cola earnings at 0.42 USD,Earnings,Coca-Cola earnings at 0.42 USDUnited States EarningsCoca-Cola (KO) released earnings per share at 0.42 USD.2020-07-21T10:59:36.677
Dollar Depreciates Further to Near 5-Month Low,Currency,"Dollar Depreciates Further to Near 5-Month LowUnited States CurrencyThe dollar index weakened for the 3rd session to 95.75 on Tuesday, the lowest level on a closing basis since March 9th. Investors' risk appetite improved amid new prospects of a coronavirus vaccine. BioNTech and Pfizer reported early encouraging results on a joint vaccine candidate, while another candidate in early trial from Oxford University and AstraZeneca showed a positive immune response. Also, mounting expectations of further stimulus from China, Europe and the US helped to improve investors' mood.2020-07-21T09:31:00"
IBM earnings at 2.18 USD,Earnings,IBM earnings at 2.18 USDUnited States EarningsIBM (IBM) released earnings per share at 2.18 USD.2020-07-20T20:27:59.867
US Stocks Rise on Monday,Stock Market,"US Stocks Rise on MondayUnited States Stock MarketWall Street closed in the green on Monday and the S&P 500 turned positive for 2020 nudged by major tech stocks and the prospects of a potential coronavirus vaccine and further fiscal stimulus in the US. On the pandemic side, BioNTech and Pfizer reported early encouraging results on a joint vaccine candidate, while another candidate in early trial from Oxford University and AstraZeneca showed a positive immune response. On the policy side, stimulus talks continue in Washington, as unemployment benefits are set to expire later this month and the White House considers including infrastructure spending. The Dow Jones added 9 points or less than 0.1% to 26,681. The S&P 500 gained 27 points or 0.8% to 3252. The Nasdaq jumped 264 points or 2.5% to 10767.
2020-07-20T20:06:00"
Dow Jones Pares Losses,Stock Market,"Dow Jones Pares Losses United States Stock MarketThe major averages were mostly higher in afternoon trading as Wall Street gained ground on the back of a boost from technology stocks.  Market sentiment got a lift from positive results from another coronavirus vaccine candidate and hopes for further stimulus to soften the economic impact of the new virus. A potential Covid-19 vaccine developed by Oxford University with pharmaceutical giant AstraZeneca showed a positive immune response in an early trial. Meantime, Congress returns to Washington to begin negotiations on another stimulus package. 2020-07-20T18:15:00"
US Stocks Lack Direction,Stock Market,"US Stocks Lack DirectionUnited States Stock MarketWall Street's main indexes traded mixed on Monday as prospects of a potential coronavirus vaccine and hopes for new fiscal stimulus were weighed down by a surge in new infections. German biotech firm BioNTech and US drugmaker Pfizer reported positive results from their ongoing German Phase 1/2 trial, as well as an experimental vaccine developed by Oxford University in the UK. At the same time, Congress is set to begin debating a new stimulus package this week. Around 1 PM NY time, the Dow Jones fell more than 60 points or 0.2% to 26,610, while the S&P 500 added 15 points or 0.5% to 3,240 and the Nasdaq climbed 160 points or 1.5% to above 10,660 as tech shares rallied boosted by a jump in Amazon stocks.2020-07-20T13:36:00"
Dollar Remains at 4 1/2 Month Low,Currency,"Dollar Remains at 4 1/2 Month LowUnited States CurrencyThe dollar index traded slightly below 96 on Monday, the lowest level on a closing basis since March 9th. On one side, investors' risk appetite increased amid hopes of further stimulus from Europe, China and the US; on the other rising coronavirus infections worldwide continue to worry traders as some US states are reversing reopening plans. 2020-07-20T10:06:00"
US Futures Drop,Stock Market,"US Futures DropUnited States Stock MarketWall Street's main indexes looked set to start the week in the red as worries over a resurgence in the pandemic's spread clashed with hopes for a coming economic recovery. In the upcoming week, US earnings season will shift into a higher gear, as several big tech-names report their quarterly results. Meantime, market participants await the passage of further stimulus from Washington to provide additional support to the world’s largest economy. Last week, the Dow Jones jumped 2.3%, and the S&P rose 1.3%, whereas the Nasdaq lost 1.1%.2020-07-20T01:57:21.94"
Dollar Books 4th Weekly Loss,Currency,"Dollar Books 4th Weekly LossUnited States CurrencyThe dollar index fell to 96 against a basket of currencies on Friday, close to levels not seen in 5 weeks and posting a fourth straight weekly loss of 0.7%. Investors' appetite for riskier currencies, bonds and equity funds improved amid hopes of further stimulus namely from Europe and China. Meanwhile, COVID-19 infections continue to surge in the US, forcing California and other US states to partially shut down again, raising fears about the economic recovery. Also, the Trump administration is considering banning travel to the United States by all members of the Chinese Communist Party, according to Reuters, in another sign of escalating tensions between Washington and Beijing.2020-07-17T21:30:00"
BlackRock earnings at 7.85 USD,Earnings,BlackRock earnings at 7.85 USDUnited States EarningsBlackRock (BLK) released earnings per share at 7.85 USD.2020-07-17T12:04:00.827
Netflix earnings at 1.59 USD,Earnings,Netflix earnings at 1.59 USDUnited States EarningsNetflix (NFLX) released earnings per share at 1.59 USD.2020-07-16T20:11:34.993
US Homebuilder Sentiment Returns to Pre-Pandemic Levels,Nahb Housing Market Index,"US Homebuilder Sentiment Returns to Pre-Pandemic LevelsUnited States Nahb Housing Market IndexThe NAHB housing market index in the US climbed 14 points from the previous month to 72 in July 2020, easily beating market expectations of 60, as sentiment rebounded following the easing of coronavirus-related restrictions. The current single-family sub-index rose to 79 from 63 in June and the one for prospective buyers went up to 58 from 43. Additionally, the gauge for home sales over the next six months increased to 75 from 68.2020-07-16T14:05:00"
Charles Schwab earnings at 0.54 USD,Earnings,Charles Schwab earnings at 0.54 USDUnited States EarningsCharles Schwab (SCHW) released earnings per share at 0.54 USD.2020-07-16T13:01:39.66
Abbott earnings at 0.57 USD,Earnings,Abbott earnings at 0.57 USDUnited States EarningsAbbott (ABT) released earnings per share at 0.57 USD.2020-07-16T11:44:05.987
Morgan Stanley earnings at 1.96 USD,Earnings,Morgan Stanley earnings at 1.96 USDUnited States EarningsMorgan Stanley (MS) released earnings per share at 1.96 USD.2020-07-16T11:20:55.007
Bank Of America earnings at 0.37 USD,Earnings,Bank Of America earnings at 0.37 USDUnited States EarningsBank Of America (BAC) released earnings per share at 0.37 USD.2020-07-16T10:50:06.693
Johnson & Johnson earnings at 1.67 USD,Earnings,Johnson & Johnson earnings at 1.67 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 1.67 USD.2020-07-16T10:47:57.573
Dollar Bounces from 5-Week Low,Currency,"Dollar Bounces from 5-Week LowUnited States CurrencyThe dollar index traded higher at 96.2 on Thursday after touching a near 1-month low of 95.77 in the previous session as rising tensions between the US and China and recent retail sales data from Beijing weighed on investors' mood. The Secretary of State Mike Pompeo said that the US will impose visa restrictions on certain employees of Chinese tech companies like Huawei. Also, the White House said President Trump has not ruled out sanctions on Chinese officials. Meanwhile, retail sales in China declined more than expected, raising concerns about the strength of the economic recovery. 2020-07-16T09:12:49.877"
Progressive earnings at 1.83 USD,Earnings,Progressive earnings at 1.83 USDUnited States EarningsProgressive (PGR) released earnings per share at 1.83 USD.2020-07-15T16:12:27.597
Russell 2000 Hits 4-week High,Stock Market,Russell 2000 Hits 4-week HighUnited States Stock MarketRussell 2000 increased to a 4-week high of 14642020-07-15T13:58:12.227
US Capacity Utilization Beats Forecasts,Capacity Utilization,"US Capacity Utilization Beats ForecastsUnited States Capacity UtilizationCapacity utilization in the United States rose to 68.6 percent in June 2020 from 64.8 in the previous month and above market expectations of 67.7 percent. Still, capacity utilization is at a rate that is 11.2 percentage points below its long-run (1972–2019) average of 80.1 but 1.9 percentage points above its trough during the Great Recession, as many factories resumed operations following restrictions related to COVID-19.2020-07-15T13:19:00"
US Export Prices Rise the Most Since 2011,Export Prices MoM,"US Export Prices Rise the Most Since 2011United States Export Prices MoMExport prices in the US increased 1.4 percent from a month earlier in June of 2020, following a downwardly revised 0.4 percent rise in May and above market expectations of 0.8 percent. It was the biggest rise in export prices since March of 2011. Nonagricultural exports advanced 1.4 percent in June, after rising 0.5 percent the previous month, the largest monthly advance since March 2011 led by higher prices for nonagricultural industrial supplies and materials which more than offset declining prices for capital goods and nonagricultural foods. Agricultural export prices increased 1.4 percent in June following a 0.5-percent drop in May, the first monthly increase since January, as rising prices for dairy products, vegetables, corn, and soybeans more than offset declining nut prices. Year-on-year, export prices declined 4.4 percent, after tumbling 6.2 percent in the prior month.2020-07-15T12:35:00"
PNC earnings at -1.9 USD,Earnings,PNC earnings at -1.9 USDUnited States EarningsPNC (PNC) released earnings per share at -1.9 USD.2020-07-15T12:05:51.78
US Bancorp earnings at 0.41 USD,Earnings,US Bancorp earnings at 0.41 USDUnited States EarningsUS Bancorp (USB) released earnings per share at 0.41 USD.2020-07-15T11:50:33.043
Goldman Sachs earnings at 6.26 USD,Earnings,Goldman Sachs earnings at 6.26 USDUnited States EarningsGoldman Sachs (GS) released earnings per share at 6.26 USD.2020-07-15T11:32:42.497
UnitedHealth earnings at 7.12 USD,Earnings,UnitedHealth earnings at 7.12 USDUnited States EarningsUnitedHealth (UNH) released earnings per share at 7.12 USD.2020-07-15T10:03:43.857
Dollar at Near 1-Month Low,Currency,"Dollar at Near 1-Month LowUnited States CurrencyThe dollar index was down to 95.9 on Wednesday, the lowest on a closing basis since June 10th as investors' risk appetite improved after Moderna said that its coronavirus vaccine produced antibodies in all patients in an early trial. Hopes that the EU could agree on its recovery fund later in the week send the euro higher and rising oil prices boosted commodity-sensitive currencies. 2020-07-15T09:22:42.24"
Dow Futures Jump 200 Points,Stock Market,"Dow Futures Jump 200 Points United States Stock MarketUS stock futures rose in overnight trading, extending Tuesday’s sharp gains as promising results for an experimental coronavirus vaccine fueled hopes for swift economic recovery. A Covid-19 vaccine developed by the biotechnology company produced an immune response in all the volunteers in its early stage human trial. Investors will also monitor quarterly earnings by market heavyweights Goldman Sachs, UnitedHealth, Bank of NY Mellon, U.S. Bancorp and PNC Financial all set to report before the bell. Meanwhile, tensions between Washington and Beijing ratcheted up after President Donald Trump signed into law a bill to impose sanctions on Chinese officials. On Tuesday, the Dow Jones jumped 557 points or 2.1% to 26,643. The S&P 500 climbed 42 points or 1.3% to 3198. The Nasdaq added 98 points or 0.9% to 10,489.2020-07-15T00:56:16.53"
Dollar Gives Up Gains,Currency,"Dollar Gives Up GainsUnited States CurrencyThe dollar index erased early gains to trade at 96.3 on Tuesday after data showed US consumer prices rose by the most since August 2012 in June, while a record increase in COVID-19 cases could keep inflation muted and allow the Fed to unveil more stimulus measures in coming months. California was forced to reverse reopening efforts following a spike in infections in the country's most populous state. Tensions between the US and China also weighed after the American Secretary of State Michael Pompeo said that ""Beijing’s claims to offshore resources across most of the South China Sea are completely unlawful, as is its campaign of bullying to control them"".2020-07-14T15:36:00"
Citigroup earnings at 0.50 USD,Earnings,Citigroup earnings at 0.50 USDUnited States EarningsCitigroup (C) released earnings per share at 0.50 USD.2020-07-14T12:03:43.883
Wells Fargo earnings at -0.66 USD,Earnings,Wells Fargo earnings at -0.66 USDUnited States EarningsWells Fargo (WFC) released earnings per share at -0.66 USD.2020-07-14T11:52:12.353
US Futures Volatile on Tuesday,Stock Market,"US Futures Volatile on TuesdayUnited States Stock MarketUS futures pointed to a negative start in a volatile session on Tuesday, as concerns about the impact of further lockdown and economic shutdown on US growth continue to weigh on investors' mood. California Governor ordered all counties in the state to close indoor operations for several businesses including restaurants, bars, movie theaters and museums, amid surging Covid-19 cases and hospitalizations. Also, schools in LA and San Diego announced they will conduct only online classes this fall. Meanwhile, stronger than expected earnings results from JPMorgan and Citigroup helped to curb the losses, while Delta Air Lines and Wells Fargo came in worse than expected. On Monday, the Dow Jones gained 11 points or less than 0.1% to 26,086. In contrast, the S&P 500 lost 30 points or 0.9% to 3155, while the Nasdaq plunged 227 points or 2.1% to 10,391.2020-07-14T11:04:00"
JPMorgan Chase earnings at 1.38 USD,Earnings,JPMorgan Chase earnings at 1.38 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 1.38 USD.2020-07-14T10:52:42.737
US Small Business Optimism Rises for 2nd Month,NFIB Business Optimism Index,"US Small Business Optimism Rises for 2nd MonthUnited States NFIB Business Optimism IndexThe NFIB Business Optimism Index in the United States increased to 100.6 points in June of 2020 from 94.4 points in May of 2020. It is the highest reading since February, before the coronavirus crisis. The outlook for general business conditions over the next six months improved five points to 39 and the percentage of owners thinking it's a good time to expand improved eight points to 13 percent. ""Optimism about future conditions improved and small-business owners indicate they expect the recession to be short-lived. We're starting to see positive signs of increased consumer spending, but there is still much work to be done to get back to pre-crisis levels,"" NFIB's chief economist said.2020-07-14T10:32:37.27"
"Dollar Trades Slightly Higher on Covid-19, US-China Tensions",Currency,"Dollar Trades Slightly Higher on Covid-19, US-China TensionsUnited States CurrencyThe dollar index traded slightly higher at 96.5 on Tuesday as investors' interest in safe haven assets grew amid concerns about the impact of rising coronavirus infections in the US after California ordered all counties in the state to close indoor operations for several businesses. Mounting tensions between the US and China also weighed after the American Secretary of State Michael Pompeo said that ""Beijing’s claims to offshore resources across most of the South China Sea are completely unlawful, as is its campaign of bullying to control them"".2020-07-14T10:27:00"
US Futures Rise,Stock Market,"US Futures RiseUnited States Stock MarketDow futures appeared to be recovering during the Asian trading session after a volatile start to the week just as earnings reporting season gets underway. Several of the country's biggest banks are slated to report their results before the opening bell on Tuesday, including JPMorgan Chase, Wells Fargo and Citigroup. Meantime, investors grew more worried that the US might have to reinstate lockdowns and other restrictions to curb the spread of the coronavirus. On Monday, The Dow Jones gained 11 points or less than 0.1% to 26,086. In contrast, the S&P 500 lost 30 points or 0.9% to 3155, while the Nasdaq plunged 227 points or 2.1% to 10,391.2020-07-14T02:03:20.23"
US Stocks Closed Mostly Lower in Volatile Session,Stock Market,"US Stocks Closed Mostly Lower in Volatile SessionUnited States Stock MarketThe S&P 500 and Nasdaq finished in the red on Monday while the Dow Jones eked out a small gain following an early-session rally, as mounting coronavirus cases and hospitalizations in the US and a new wave of isolation measures weighed on sentiment. COVID-19 daily cases once again climbed above 60 thousand per day with 15 thousand of them in Florida, raising concerns of further social distancing restrictions in the South and West. On Monday, California Gov. Gavin Newsom ordered indoor operations for shopping malls, fitness centers, and places of worship. On the flip side, Prizer and German biotech BioNTech SE were granted fast track designation by the FDA for two of the four vaccine candidates against the COVID. Meanwhile, earnings season kicked off with PepsiCo reporting better than expected numbers. The Dow Jones gained 11 points or less than 0.1% to 26,086. In contrast, the S&P 500 lost 30 points or 0.9% to 3155, while the Nasdaq plunged 227 points or 2.1% to 10,391.
2020-07-13T20:07:00"
Wall Street Pares Gains,Stock Market,"Wall Street Pares GainsUnited States Stock MarketWall Street's main indexes pared gains sharply on Monday, on renewed fears that the US might have to reinstate lockdowns and other restrictions to curb the spread of the coronavirus, dampening hopes of a swift rebound in the world’s largest economy. California ordered Monday all counties in the state to close indoor operations for several businesses, as Covid-19 cases continue to rise. 2020-07-13T19:43:31.78"
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketDow Jones increased to a 4-week high of 266182020-07-13T17:37:33.913
"Dow Climbs 400 Points, Nasdaq Hits New High",Stock Market,"Dow Climbs 400 Points, Nasdaq Hits New HighUnited States Stock MarketWall Street's main indexes rose on Monday with Nasdaq hitting a new high as investors anticipate that earnings reports will show resistance of key technology stocks to COVID-19 environment., as well as signs of progress in COVID-19 vaccine development. Also, signs of progress in COVID-19 vaccine development boosted the sentiment after experimental coronavirus vaccines from BioNTech and Pfizer received the US FDA's 'fast track' designation. At the same time, investors shrugged off concerns over the rising number of coronavirus cases. New cases in the US surged over the weekend, with Florida reporting a record increase of more than 15,000 infections in 24 hours. The Dow Jones advanced 430 points or 1.7% to above 26,500; the S&P 500 gained 40 points or 1.3% to near 3,230; and the Nasdaq added 180 points or 1.7% to 10,800 around 12:15 PM NY time.2020-07-13T13:32:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 109822020-07-13T13:30:04.807
"Dollar Weakens on Monday Ahead of Earnings, Economic Data",Currency,"Dollar Weakens on Monday Ahead of Earnings, Economic DataUnited States CurrencyThe dollar index slipped 0.1% to 96.6 against a basket of major currencies on Monday as investors await second-quarter earnings season to start this week, with updates expected from health care companies such as Johnson & Johnson and Abbott, banking giants including JPMorgan Chase, Wells Fargo, Goldman Sachs, Citigroup and Bank of America, and streaming video-on-demand service Netflix. At the same time, traders looked to the release of key economic data such as US consumer inflation, retail sales and industrial output figures for June, as well as China's second quarter GDP and trade data. Meanwhile, the number of coronavirus cases in the US surged over the weekend, with Florida reporting a record increase of more than 15,000 new cases in 24 hours.2020-07-13T09:51:50.293"
US Stock Futures Rise as Earnings Season Kicks Off,Stock Market,"US Stock Futures Rise as Earnings Season Kicks OffUnited States Stock MarketUS stock futures pointed to a positive start on Monday, as investors shrug off a spike in coronavirus cases and turn their attention to corporate earnings season to grasp the impact of the pandemic on companies. The companies reporting earnings this week include JPMorgan, Citigroup, Wells Fargo, Goldman Sachs, Pepsi, Netflix, IBM, Johnson & Johnson, UnitedHealth, and Blackrock. According to Johns Hopkins University, Florida reported a record increase of more than 15,000 new coronavirus cases on Sunday, the highest single-day total for any US state since the pandemic began. Last week, the Dow Jones gained 0.9%, the S&P 500 added 1.7% and the Nasdaq rose 4%.2020-07-13T08:42:00"
US 10-Year Bond Yield Rebounds on Treatment Hopes,Government Bond 10Y,"US 10-Year Bond Yield Rebounds on Treatment HopesUnited States Government Bond 10YThe yield on the benchmark 10-year US Treasury note rose 2.8 bps to 0.633%, having touched 0.569% earlier in the session, its lowest level since April 22nd. Optimism about an antiviral drug to treat COVID-19 offset worries about a spike in coronavirus across the US. The two-year Treasury yield, which typically moves in step with interest rate expectations, was slightly up at 0.155%, while the five-year yield rose 2.4 bps to 0.298%. For the week, the 10-year yield lost about 5 bps.2020-07-10T21:35:39.157"
Dollar Posts Largest Weekly Loss in a Month,Currency,"Dollar Posts Largest Weekly Loss in a MonthUnited States CurrencyThe dollar index fell to 96.6 against a basket of currencies on Friday, posting a 0.6% fall on a weekly basis, its largest percentage loss in a month. Hopes of a potential coronavirus vaccine offset concerns about the surge in infections in the US and around the world. Gilead Sciences Inc said that its antiviral remdesivir reduced the risk of death by 62% and improved the conditions of severely ill COVID-19 patients.2020-07-10T21:05:00"
"US Stocks Jump on Treatment Hopes, Nasdaq Hits Record",Stock Market,"US Stocks Jump on Treatment Hopes, Nasdaq Hits RecordUnited States Stock MarketWall Street closed deeply in the green on Friday and the Nasdaq booked a new high led by Amazon and Netflix, as a potential COVID-19 treatment raised hopes for an economic recovery following mounting cases and hospitalizations in multiple US states and several countries. Gilead said that its antiviral remdesivir improved clinical recovery in COVID-19 patients, and reduced the risk of death by 62%, while BioNTech announced its vaccine treatment could be ready for approval by December. Meanwhile, President Trump said that he was not thinking about the second phase of a US-China trade deal, and that the relationship between the two countries had been ""severely damaged"" by Beijing's handling of the coronavirus pandemic. The Dow Jones surged 369 points or 1.4% to 26,075. The S&P 500 climbed 33 points or 1.1% to a month-high of 3185. The Nasdaq added 70 points or 0.7% to 10,617. During the week, the Dow Jones gained 0.9%, the S&P climbed 1.7%, and the Nasdaq soared 4%.2020-07-10T20:04:00"
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketS&P 500 increased to a 4-week high of 31852020-07-10T19:18:54.99
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 107862020-07-10T13:30:19.313
Dollar Hovers at 96.7,Currency,"Dollar Hovers at 96.7United States CurrencyThe dollar index traded around the flatline at 96.7 on Friday as investors' risk appetite dampened as rising coronavirus cases in the US and other countries including India, Mexico, Australia and Hong Kong raised further concerns about the global economic recovery. On the week however, the dollar is on track to lose near 0.5%, the third straight weekly fall.2020-07-10T10:36:00"
US 10-Year Treasury Yields at 7-Week Low,Government Bond 10Y,"US 10-Year Treasury Yields at 7-Week Lowunited states Government Bond 10YThe yield on the US 10-year Treasury note fell for a second day to 0.581% on Friday, its lowest level on a closing basis since April 21st, as investors remain firmly in risk-off mode amid worries over a spike in Covid-19 infections in the US and its consequences on the economic recovery pace. Coronavirus outbreak has been hitting the US hard in the latest week, with record hospitalizations in Florida and record daily infections in California. On Thursday, the jobless claims report showed the number of Americans filling for unemployment benefits was 1.31 million, bringing the total to 50.0 million since the pandemic started in mid-March. 2020-07-10T07:29:00"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketUS equity futures were trading higher on Thursday night as investors focus on the prospects for economic recovery from the coronavirus pandemic, despite record-breaking cases and deaths in several US states. The technology sector has been driven Wall Street higher as much of the world remains stuck at home due to coronavirus-induced restrictions, helping the Nasdaq hitting fresh highs every day. Meanwhile, the Supreme Court on Thursday ruled that a New York prosecutor can obtain Trump's financial records. On Thursday, the Dow Jones shed 361 points or 1.4% to 25,706. The S&P 500 lost 18 points or 0.6% to 3152. In contrast, the Nasdaq added 55 points or 0.5% to 10,548.2020-07-10T00:51:21.47"
Dollar Recovers from 4-Week Low,Currency,"Dollar Recovers from 4-Week LowUnited States CurrencyThe dollar index appreciated to 96.7 on Thursday, moving away from a four-week low of 96.2 hit earlier in the session as investors rushed for safety as the number of coronavirus cases in the US hit 3 million and continues to rise at record rates. Traders try to assess the impact of surging infections on the American economy while several Fed officials have raised fresh doubts about the durability of the recovery. In addition, the US Supreme Court ruled that a New York prosecutor can obtain President Trump’s financial records, but blocked for now the House of Representatives from obtaining similar documents.2020-07-09T16:25:00"
Dow Jones is down by 2%,stock market,Dow Jones is down by 2%United States stock marketDow Jones Industrial Average decreased 2% to 255472020-07-09T15:42:17.893
US Wholesale Inventories Fall the Most since 2009,Wholesale Inventories,"US Wholesale Inventories Fall the Most since 2009United States Wholesale InventoriesUS wholesale inventories dropped 1.2 percent from a month earlier in May 2020, following a downwardly revised 0.2 percent gain in April, in line with the preliminary estimate. It is the largest decline in wholesale inventories since September of 2009, due to the coronavirus crisis. Stocks of durable goods declined 2 percent, more than initial estimates of a 1.8 percent drop, with stocks of autos (-5.1 percent) and furniture (-2.8 percent) falling the most. In contrast, inventories of nondurable goods rose 0.1 percent, better than a preliminary of a 0.3 percent fall, with petroleum stocks (14.4 percent) rising the most and those of alcohol recording the largest decline (-6.8 percent). Year-on-year, wholesale inventories decreased 4.2 percent, slightly less than forecasts of a 4.3 percent drop.2020-07-09T14:09:38.78"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 107762020-07-09T13:30:04.867
Walgreens Boots Alliance earnings at 0.83 USD,Earnings,Walgreens Boots Alliance earnings at 0.83 USDUnited States EarningsWalgreens Boots Alliance (WBA) released earnings per share at 0.83 USD.2020-07-09T12:05:46.353
Dollar at Near 4-Week Low,Currency,"Dollar at Near 4-Week LowUnited States CurrencyThe DXY traded around the flatline at 96.4 on Thursday, a level not seen since the beginning of June as investors' appetite for riskier assets such as global stocks and the Chinese yuan improved. Meanwhile, traders try to assess the impact of rising coronavirus infections on the American economic recovery. Recently, several Fed officials have raised fresh doubts about the durability of the US recovery.2020-07-09T08:49:34.62"
Dow Futures Lack Direction,Stock Market,"Dow Futures Lack DirectionUnited States Stock MarketDow futures traded flat to lower on Thursday after gaining 0.7% in the previous session, as investors try to assess the impact of rising coronavirus infections on the economic recovery. Recently, several Fed officials have raised fresh doubts about the durability of the US recovery. Also, surveys from the Atlanta and Richmond reserve banks and Duke University and the Conference of State Bank Supervisors showed businesses remain worried about demand. The number of COVID-19 infections passed 3 million and the US remains the most affected in the world. On Wednesday, the Dow Jones added 177 points or 0.7% to 26,067. The S&P 500 climbed 25 points or 0.8% to 3170. The Nasdaq jumped 149 points or 1.4% to 10,493.2020-07-09T08:12:00"
Dollar Index Hits 4-Week Low,currency,"Dollar Index Hits 4-Week LowUnited States currencyThe greenback loses further momentum on Thursday and is now testing the area of 4-week lows in the 96.38 region as the number of confirmed US coronavirus cases surpassed 3 million, undermining prospects for a quick economic recovery in the world’s largest economy. 2020-07-09T00:13:00"
"US Stocks Rebound, Nasdaq Hits Record",Stock Market,"US Stocks Rebound, Nasdaq Hits RecordUnited States Stock MarketWall Street closed in the green on Wednesday, as the tech sector was nudged by a new Apple record and outweighed rising COVID cases and hospitalizations in several US states. The US reported a record daily jump of more than 60 thousand coronavirus cases on Tuesday. On the corporate side, shares of United Airlines fell after the company warned 36 thousand employees about potential jobs cuts. The Dow Jones added 177 points or 0.7% to 26,067. The S&P 500 climbed 25 points or 0.8% to 3170. The Nasdaq jumped 149 points or 1.4% to 10,493.
2020-07-08T20:05:00"
Dow Jones traded below 26000,stock market,Dow Jones traded below 26000 United States stock marketDow Jones Industrial Average decresed below 26000 points to 259992020-07-08T19:50:44.397
US Stocks Pare Gains,Stock Market,"US Stocks Pare GainsUnited States Stock MarketWall Street's main indexes erased some gains on Wednesday, with the Dow Jones trading 0.1% higher, as investors feared that a resurgence in new infections could delay reopening plans. The US reported a record daily spike of more than 60,000 coronavirus cases on Tuesday, with Arizona, California, Florida and Texas accounting for nearly half of the infections. Still, tech shares outperformed as much of the world remains stuck at home due to coronavirus-induced restrictions. Meanwhile, Bloomberg reported that President Trump's advisers are considering to destabilize Hong Kong’s currency peg in response to the passing of new national security law in the city. The S&P 500 added 0.1% while the Nasdaq Composite advanced 0.8%.2020-07-08T15:42:00"
Dollar At 1-Month Low,Currency,"Dollar At 1-Month LowUnited States CurrencyThe dollar index fell more than 0.4 percent to 96.5, the lowest in almost a month as investors continue to monitor the impact of the coronavirus pandemic on the economy. 2020-07-08T14:15:00"
US Stocks Rebound Led by Tech Shares,Stock Market,"US Stocks Rebound Led by Tech SharesUnited States Stock MarketWall Street's main indexes rose on Wednesday after a steep sell-off the previous day, with the Dow Jones adding nearly 200 points, or 0.7%, as hopes of economic recovery from the coronavirus pandemic boosted tech stocks. Still, fears that a resurgence in new infections could delay reopening plans curbed the gains. The US reported a record daily spike of more than 60,000 coronavirus cases on Tuesday, with Arizona, California, Florida and Texas accounting for nearly half of the infections. Meanwhile, tensions between the Trump administration and the country's health experts over the reopening of the economy escalated after President Trump threatened to cut federal funding for schools that do not resume in-person classes this fall. The S&P 500 climbed 0.9% while the Nasdaq Composite advanced 1.4%.2020-07-08T13:36:00"
US Stock Futures Point to Positive Start,Stock Market,"US Stock Futures Point to Positive StartUnited States Stock MarketUS stock futures pointed to a slightly positive start on Wednesday following a sell-off on Wall Street the previous day, as investors digest the possibility of an economic recovery from the coronavirus pandemic, even as a resurgence in new infections could delay US reopening plans. Earlier in the week, the Federal Reserve Bank of Atlanta President Raphael Bostic said in an interview with the Financial Times that high-frequency data had shown a “levelling off” of economic activity in some districts of the country. On the coronavirus front, the number of COVID-19 infections topped 3 million and San Francisco delayed reopening of indoor dining. On Tuesday, the Dow Jones lost 397 points or 1.5% to 25,890. The S&P 500 shed 34 points or 1.1% to 3145. The Nasdaq decreased 90 points or 0.9% to 10,344.2020-07-08T12:00:00"
Dollar Gains Slightly,Currency,"Dollar Gains SlightlyUnited States CurrencyThe dollar index was slightly higher at 97 on Wednesday as investors continue to worry about the economic impact of the coronavirus pandemic as cases mount in the US and in other countries including India, Australia and Spain. Traders' risk appetite was also dampened as Fed officials expressed concerns about rising infections in the US.2020-07-08T10:02:00"
Dow Futures Fall,Stock Market,"Dow Futures FallUnited States Stock MarketDow Jones futures pointed to losses at the open on Wednesday after plunging 1.5% in the previous session, as investors try to assess if the economic recovery from the coronavirus pandemic will be slower than anticipated amid a resurgence in new infections while some states are rolling back reopening plans. Earlier in the week, the Federal Reserve Bank of Atlanta President Raphael Bostic said in an interview with the Financial Times that high-frequency data had shown a “levelling off” of economic activity in some districts of the country. On the coronavirus front, the number of COVID-19 infections topped 3 million and San Francisco delayed reopening of indoor dining. On Tuesday, the Dow Jones lost 397 points or 1.5% to 25,890. The S&P 500 shed 34 points or 1.1% to 3145. The Nasdaq decreased 90 points or 0.9% to 10,344..2020-07-08T07:09:00"
Fed Bostic Says US Recovery May Be Levelling off,Interest Rate,"Fed Bostic Says US Recovery May Be Levelling offUnited States Interest RateThe Federal Reserve Bank of Atlanta President Raphael Bostic said in an interview with the Financial Times on July 6th 2020 that high-frequency data had shown a “levelling off” of economic activity in some districts of the country. Bostic also added that the US economic recovery is in danger due to a recent spike in coronavirus infections and that the Fed is trying to figure out whether this levelling off is something that is a more sustained pattern, or just a pause. 2020-07-07T14:34:40.15"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 106262020-07-07T13:30:00.947
Dollar Appreciates on Tuesday,Currency,"Dollar Appreciates on Tuesday United States CurrencyThe dollar index was trading higher at 96.9 on Tuesday as investors' risk appetite eased amid mounting concerns about a spike in coronavirus cases in the US, India, and Brazil. At the same time, better-than-expected economic data for the US continues to offer some hope about the economic recovery. In contrast, the European Commission lowered its GDP forecasts for 2020 and 2021 for Europe, saying that the lifting of COVID-19 lockdown measures in some countries was proceeding less swiftly than it had initially predicted.2020-07-07T09:41:00"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketUS stock index futures rose late Monday, building on gains in the previous session driven by a strong performance in the technology sector. Investors took comfort in signs that the American economy was recovering despite risks tied to the spread of the new virus domestically. US services industry activity rebounded sharply in June, almost returning to its pre-coronavirus pandemic level, but a record surge of COVID-19 cases this month could hamper reopening plans. On Monday, the Dow Jones gained 460 points or 1.8% to 26,287. The S&P 500 jumped 50 points or 1.6% to 3180. The Nasdaq climbed 226 points or 2.2% to a new record of 10,434.2020-07-07T01:12:18.37"
Dollar Falls For 3rd Session,Currency,"Dollar Falls For 3rd SessionUnited States CurrencyThe dollar index has been down more than 0.4 percent on Monday, extending the decline for the third consecutive session as investors' turned to riskier assets following a surge in Chinese stocks and better than expected economic data. Shanghai Composite and CSI 300 were up more than 5 percent after a front-page editorial in state-owned China Securities Journal encouraged investors to buy shares to support economic recovery. Also, the latest PMI survey showed US service sector activity rebounded firmly in June as the economy reopened following weeks of lockdown.
2020-07-06T17:23:00"
US Composite PMI Revised Higher: Markit,Composite Pmi,"US Composite PMI Revised Higher: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI was revised higher to 47.9 in June 2020 from a preliminary estimate of 46.8 and compared to the previous month's 37.0. Much softer rates of contraction were reported across the manufacturing and service sectors as the economy began to reopen following the coronavirus-related restrictions. New order inflows stabilized and employment fell at softer pace, while excess capacity remained as backlogs of work continued to decline. On the price front, cost burdens were up for the first time since February, with private sector firms partly passing on higher costs to clients. Finally, companies expressed optimism towards the outlook for output over the coming year for the first time since March.2020-07-06T13:58:44.227"
US Service Activity Drops Less than Initially Thought,Services PMI,"US Service Activity Drops Less than Initially ThoughtUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 47.9 in June 2020 from a preliminary estimate of 46.7 and well above May's final 37.5. The latest reading signaled a notably softer rate of contraction in the US service sector as non-essential businesses began to reopen following the easing of coronavirus-induced restrictions. New business inflows broadly stabilized after three consecutive months of declines, while exports rose for the first time this year. Employment dropped at a slower pace, while excess capacity eased as backlogs fell only fractionally. On the price front, both input costs and output charges increased for the first time since February. Finally, business confidence returned to positive territory, still remaining historically subdued, amid hopes of further boosts to new sales.2020-07-06T13:54:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 105162020-07-06T13:30:06.31
Dollar Nears 2-Week Low,Currency,"Dollar Nears 2-Week LowUnited States CurrencyThe dollar index depreciated to 96.7 on Monday, the lowest on a closing basis since June 23rd, as investors turned to riskier assets on hopes of global economic recovery and progress on potential coronavirus drugs. Last week, the currency fell nearly 0.2%, the 2nd straight week of losses.2020-07-06T09:56:00"
Dollar Books 2nd Straight Weekly Loss,Currency,"Dollar Books 2nd Straight Weekly LossUnited States CurrencyThe dollar index traded around 97.1 during a light trading session on Friday, as equity and bond markets in the US were closed for the Independence Day holiday. For the week, the dollar lost near 0.2%. Investors remain very concerned about the consequences of the second wave of the coronavirus in the US despite upbeat economic data released during the week, namely the ISM manufacturing PMI and the jobs report.2020-07-03T18:22:00"
Dollar Flat in Thin Session,Currency,"Dollar Flat in Thin SessionUnited States CurrencyThe dollar index traded around the flatline at 97.3 during a light trading session on Friday, as equity and bond markets in the US are closed for the Independence Day holiday. For the week, the dollar is on track to lose near 0.1%, the first weekly drop in a month. Investors remain very concerned about the consequences of the second wave of the coronavirus in the US despite upbeat economic data released during the week, namely the ISM manufacturing PMI and the jobs report.2020-07-03T09:44:00"
Dow Jones traded below 26000,stock market,Dow Jones traded below 26000 United States stock marketDow Jones Industrial Average decresed below 26000 points to 259982020-07-02T18:01:32.58
New York Business Conditions Improve in June,Ism New York Index,"New York Business Conditions Improve in JuneUnited States Ism New York IndexThe ISM New York Current Business Conditions index climbed to 39.5 in June 2020 from 19.5 in the previous month, suggesting an easing output contraction as the city's economy reopened following weeks of coronavirus-induced restrictions. Quantity of Purchases rose to 44.7, up 16.4 points from the 28.3 reported in May; and Current Revenues rose 1.4 points to 30.6. Meanwhile, Employment, a seasonally adjusted index, fell 0.4 points to 33.5, while Expected Revenues dropped 1.7 points to 32.4. Looking ahead, the Six Month Outlook rose 19.1 points to a ten-month high of 67.1.2020-07-02T14:28:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 104202020-07-02T13:30:03.457
US 10-Year Bond Yields Higher after Jobs Report,Government Bond 10Y,"US 10-Year Bond Yields Higher after Jobs ReportUnited States Government Bond 10YThe yield on US 10-Year Treasury rose to 0.70% on Thursday, after US payroll report showed the economy added 4.8 million jobs in June, beating market forecasts of a 3.0 million increase, while the jobless rate fell to 11.1%, easing from an all-time high of 14.7% reached in April.2020-07-02T12:49:00"
Dollar Holds Losses After Strong Jobs Report,Currency,"Dollar Holds Losses After Strong Jobs ReportUnited States CurrencyThe dollar index kept falling against a basket of currencies on Thursday, trading just below 97 as investors’ appetite for risk strengthened after strong US jobs report. The US economy added 4.8 million jobs in June, beating market consensus of a 3 million increase, while the unemployment rate fell more than expected to 11.1%.2020-07-02T12:44:00"
US Trade Gap Highest since 2018,Balance of Trade,"US Trade Gap Highest since 2018United States Balance of TradeThe US trade deficit widened to $54.6 billion in May of 2020 from an upwardly revised $49.8 billion in April, and higher than forecasts of $53 billion. It is the biggest trade gap since December of 2018 as both exports and imports fell in part due to the impact of COVID-19, as many businesses were operating at limited capacity or ceased operations completely, and the movement of travelers across borders was restricted. Exports dropped 4.4% to $144.5 billion, the lowest level since November of 2009, led by crude, fuel oil; semiconductors and computer accessories; financial and other business services; and charges for the use of intellectual property. Imports shrank 0.9% to $199.1 billion, the lowest since July of 2010, led by a slump in purchases of automotive vehicles, parts, and engines and capital goods such as computers. The deficit with China widened $1.9 billion to $27.9 billion as exports went up to $10.0 billion and imports increased $2.7 billion to $37.9 billion.2020-07-02T12:37:00"
US Imports Drop to Decade Low in May,Imports,"US Imports Drop to Decade Low in MayUnited States ImportsImports to the United States fell by USD 1.8 billion from the previous month to USD 199.1 billion in May 2020, the lowest level since July 2010, as the coronavirus pandemic led to a fall in domestic demand. Goods purchases decreased by USD 1.3 billion led by a USD 4.4 billion slump in imports of automotive vehicles, parts, and engines and a USD 0.6 billion drop in purchases of capital goods such as computers. Meanwhile, imports of industrial supplies and materials were up USD 2.3 billion boosted by nonmonetary gold and finished metal shapes, and those of consumer goods advanced USD 1.9 billion on the back of other textile apparel and household goods as well as cell phones and other household goods. Imports of services decreased USD 0.5 billion due to travel, financial and other business services and charges for the use of intellectual property.2020-07-02T12:35:00"
US Exports Tumble to 10-1/2-Year Low,Exports,"US Exports Tumble to 10-1/2-Year LowUnited States ExportsExports from the United States dropped by USD 6.6 billion from the previous month to USD 144.5 billion in May 2020, the lowest level since November 2009, as the COVID-19 crisis continued to curb global demand. Goods sales declined by USD 5.5 billion led by industrial supplies and materials (down USD 3.9 billion), in particular crude, fuel oil and other petroleum products, and capital goods (down USD 0.9 billion) such as semiconductors and computer accessories. Also, exports of services were down USD 1.1 billion, due to financial and other business services as well as charges for the use of intellectual property.2020-07-02T12:34:00"
US Wages Fall More than Expected,Average Hourly Earnings,"US Wages Fall More than ExpectedUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls fell by 35 cents, or 1.2 percent over the month to USD $29.37 in June of 2020, after a 1 percent decrease in May and compared with market expectations of a 0.7 percent drop. Year-on-year, average hourly earnings have increased by 5 percent, below a downwardly revised 6.6 percent in the prior month and market consensus of 5.3 percent. Average hourly earnings of private-sector production and nonsupervisory employees decreased by 23 cents to $24.74 in June. The decreases in average hourly earnings largely reflected job gains among lower-paid workers; these changes put downward pressure on the average hourly earnings estimates.2020-07-02T12:31:00"
US Jobless Rate Falls More than Expected,Unemployment Rate,"US Jobless Rate Falls More than ExpectedUnited States Unemployment RateThe US unemployment rate dropped to 11.1 percent in June 2020, easing further from an all-time high of 14.7 percent reached in April and remaining below market expectations of 12.3 percent, as many people returned to the labor market following weeks of coronavirus-induced restrictions. The number of unemployed persons fell by 3.2 million to 17.8 million, while employment rose by 4.9 million to 142.2 million. Although unemployment fell in May and June, the jobless rate and the number of unemployed are up by 7.6 percentage points and 12.0 million, respectively, since February.2020-07-02T12:31:00"
Dollar Depreciates for 3rd Day,Currency,"Dollar Depreciates for 3rd DayUnited States CurrencyThe dollar index declined for the third straight session to 96.9 on Thursday, with investors awaiting the payrolls report release later in the day. The US economy is seen adding 3 million jobs in June which would be the second month of employment gains. However, a spike in coronavirus cases continues to weigh on investors' mood. 2020-07-02T08:31:26.527"
US Jobless Rate Expected to Fall to 12.3%,Unemployment Rate,"US Jobless Rate Expected to Fall to 12.3%United States Unemployment RateThe unemployment rate in the US is expected to fall to 12.3 percent in June of 2020 from 13.3 percent in May and a record high of 14.7 percent in April as many businesses reponed after weeks of COVID-19 lockdowns. Still, official figures may be far off the reality as many people are being classified as employed even though they are absent from work. It is estimated that considering absent from work as unemployed, the jobless rate would reach 16.3 percent in May and 19.7 percent in April. 2020-07-02T07:09:00"
US Stock Futures Drop,Stock Market,"US Stock Futures DropUnited States Stock MarketWall Street's main indexes looked set to start the week’s final day of trading in the red as surging coronavirus cases intensified concerns over a delay in global economic recovery. The governors of hard-hit states California, Arizona, and Florida urged residents to avoid large gatherings, as they re-imposed some lockdown measures. Meantime, minutes from the Federal Reserve's meeting last month indicated that policymakers would strengthen the guidance it provides to markets. On top of that, the Senate in a surprising move passed legislation that would keep the government's massive small business rescue program active. On Wednesday, the Dow Jones lost 77 points or 0.3% to 25,735. In contrast, the S&P 500 climbed 16 points or 0.5% to 3116 and the Nasdaq jumped 96 points or 1% to a new record of 10,155. 2020-07-02T01:30:44.853"
Dow Jones Erases Some Gains,Stock Market,"Dow Jones Erases Some GainsUnited States Stock MarketThe Dow Jones failed to hold earlier gains on Wednesday amid mounting tensions between the US and China and increasing concerns about the second wave of coronavirus in the US. Bloomberg reported that the Trump administration is preparing to roll out delayed sanctions to punish senior Chinese officials over human-rights abuses against Muslims in Xinjiang. On the coronavirus front, California and Arizona recorded the biggest daily increase in new infections and ICU beds in Houston exceeded full capacity. Earlier, stocks were rising after a study of a coronavirus vaccine candidate from Pfizer and BioNTech showed it created neutralizing antibodies. Also, the ISM Manufacturing PMI beat forecasts, pointing to the strongest expansion in factory activity since April of 2019 after 3 months of disruption caused by the coronavirus. 2020-07-01T18:07:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 103072020-07-01T16:37:31.317
US Crude Stocks Fall the Most in 6 Months,Crude Oil Stocks Change,"US Crude Stocks Fall the Most in 6 MonthsUnited States Crude Oil Stocks ChangeUS crude oil stocks fell by 7.195 million barrels in the week ended June 26th, 2020, after a 1.442 million increase in the previous period and compared with market expectations of a 0.710 million decrease, according to the EIA Petroleum Status Report. That was the largest decline in crude inventories since the week ended December 27th, 2019. Meantime, gasoline inventories rose unexpectedly by 1.199 million barrels.2020-07-01T14:33:00"
Dollar Falls amid Strong Economic Data,Currency,"Dollar Falls amid Strong Economic DataUnited States CurrencyThe dollar index depreciated to 97.1 on Wednesday amid a general improvement in investors' risk appetite after ISM figures pointed to the biggest expansion in American factory activity in 14 months while ADP data showed the US economy added jobs for a second straight month. However, a second wave of coronavirus cases in the US and some hot spots worldwide continues to weigh on investors' mood. 2020-07-01T14:23:36"
US Construction Spending Unexpectedly Falls in May,Construction Spending,"US Construction Spending Unexpectedly Falls in MayUnited States Construction SpendingConstruction spending in the US fell by 2.1 percent from the previous month to a seasonally adjusted annual rate of USD 1.36 trillion in May 2020, following a revised 3.5 percent plunge and missing market expectations of a 1.0 percent growth. Spending on private construction dropped 3.3 percent led by falls in residential (-4.0 percent), lodging (-3.6 percent) and manufacturing spending (-4.1 percent). Meanwhile, public outlays rose by 1.2 percent mainly due to higher investment in highways, streets (2.8 percent).2020-07-01T14:02:00"
US Markit Manufacturing PMI Revised Higher,Manufacturing PMI,"US Markit Manufacturing PMI Revised HigherUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised higher to 49.8 in June of 2020 from a preliminary of 49.6 and 39.8 in the previous month. The reading pointed to only a fractional deterioration in US manufacturing conditions as goods producers and their customers began to reopen amid looser restrictions following the coronavirus outbreak. The downward trend in production eased markedly as new orders stabilised amid reports of a relative improvement in demand conditions. Companies reported a further drop in workforce numbers as evidence of spare capacity remained, but the rate of job losses also moderated sharply. Optimism about the year ahead meanwhile revived considerably.2020-07-01T13:49:00"
US Stock Futures Point to Negative Start,Stock Market,"US Stock Futures Point to Negative StartUnited States Stock MarketDow futures extended losses to trade more than 100 points lower on Wednesday, after booking its best quarter in decades in Q2, as the ADP National Employment Report showed private payrolls increased less than expected last month, raising concerns about the pace of the country's economic recovery. Meanwhile, investors continue to assess the probability of a second wave of coronavirus, with US health authorities reporting more than 47K new infections as of Tuesday, the biggest one-day spike ever, according to Reuters. On the global front, rising tensions with China continue to weigh on investors' mood after Hong Kong police announced the first arrest since China’s national security law came into force. Traders will also keep an eye on FOMC meeting minutes release later in the day. On Tuesday, US stocks ended in the green, with the Dow Jones booking its best quarterly performance since 1987, the S&P 500 posted its biggest quarterly gain since 1998 and the Nasdaq the best since 1999.2020-07-01T12:48:00"
US 10-Year Bond Yields Slightly Higher on ADP Data,Government Bond 10Y,"US 10-Year Bond Yields Slightly Higher on ADP DataUnited States Government Bond 10YThe yield on US 10-Year Treasury was slightly higher at 0.6807% on Wednesday after the ADP National Employment Report showed private payrolls increased by 2.369 million jobs last month, less than an expected 3.0 million rise. Investors fear that a surge in COVID-19 infections across the US could curb recent gains in employment.2020-07-01T12:31:56.01"
General Mills earnings at 1.1 USD,Earnings,General Mills earnings at 1.1 USDUnited States EarningsGeneral Mills (GIS) released earnings per share at 1.1 USD.2020-07-01T12:05:01.713
US Employers Announce 170K Layoffs in June,Challenger Job Cuts,"US Employers Announce 170K Layoffs in JuneUnited States Challenger Job CutsJob cuts announced by US-based employers totaled 170,219 in June of 2020, down 57% from 397,016 in May. Prior to when cuts began to increase in March, it is the highest monthly total since February of 2009, when 186,350 job cuts were announced. Considering Q2, job cuts hit 1,238,364, the highest quarterly total on record. So far this year, employers have announced 1,585,047 cuts, 379% higher than a year earlier. While COVID-19 was cited as the reason for 1,011,387 cuts, market conditions were to blame for 228,592. Another 71,814 cuts were due to closings and 62,564 were due to a demand downturn. ""Job cuts are trending down, as expected, as businesses begin the difficult task of reopening. However, with a resurgence in cases, millions of Americans out of work, and enhanced unemployment benefits coming to an end soon, we may expect more companies to make cuts as consumer and business spending slows,” said Andrew Challenger, Senior Vice President of Challenger, Gray & Christmas, Inc.2020-07-01T11:33:00"
Dollar Nearly Flat on Wednesday,Currency,Dollar Nearly Flat on WednesdayUnited States CurrencyThe dollar index traded nearly flat at 97.3 on Wednesday as investors continue to digest a spike in new coronavirus cases and hopes for a coming economic recovery. ADP data showed the American economy added less jobs than expected in June although May figures were revised sharply higher to a job gain of 3.06 million. Traders also await ISM manufacturing PMI figures for an update on the pandemic impact.2020-07-01T09:39:00
Dow Futures Start Q3 in Negative Territory,Stock Market,"Dow Futures Start Q3 in Negative TerritoryUnited States Stock MarketDow futures were down near 100 points on Wednesday, after booking its best quarter in decades in Q2. Investors continue to assess the probability of a second wave of coronavirus despite hopes for a coming economic recovery. On Tuesday, there were more than 47K new infections in the US, which was the biggest one-day spike ever, according to Reuters. Rising tensions with China continue to weigh on investors' mood after Hong Kong police announced the first arrest since China’s national security law came into force. Traders will also keep an eye on FOMC meeting minutes release later in the day and key ADP employment and ISM PMIs. On Tuesday, US stocks ended in the green, with the Dow Jones booking their best quarterly performance since 1987, the S&P 500 posted its biggest quarterly gain since 1998 and the Nasdaq the best since 1999.2020-07-01T07:06:00"
Dollar Pares Gains,Currency,"Dollar Pares GainsUnited States CurrencyThe dollar index erased earlier gains to trade nearly flat at 97.5 on Tuesday, after touching 97.7 earlier in the session, the strongest level since June 1st. Investors continue to weight the probability of a second wave of coronavirus infections against optimism about the economic recovery. Better than expected pending home sales for the US and official manufacturing and non-manufacturing PMI's for China lifted the mood. Still, the number of new infections continues to rise and some countries are already rolling back reopening, including several US states and Victoria in Australia.2020-06-30T14:16:00"
Dow Jones on Track to Book Best Quarter since 1998,Stock Market,"Dow Jones on Track to Book Best Quarter since 1998United States Stock MarketUS stocks are on track to record their best quarterly performance in decades as investors welcomed reopening efforts and fiscal and monetary stimulus and shrug off fears of second wave of COVID-19 infections. The Dow Jones headed for the best quarterly gain since 1998, advancing more than 16% since the start of April. The S&P 500 was on track to rise more than 16%, also the best performance in 22 years, while the Nasdaq is set to book a 28% jump, the biggest gain since 2001. Still, a spike in new coronavirus infections continued to weigh on the mood in the last few days as 16 US states paused or rolled back reopening. 2020-06-30T13:32:00"
US Futures Lack Direction in the Last Day of Q2,Stock Market,"US Futures Lack Direction in the Last Day of Q2United States Stock MarketUS stock futures traded mixed on Tuesday, the last trading day of June as investors continue to weight a spike in new coronavirus infections against better-than-expected economic data. 16 US states paused or rolled back reopening after the Covid-19 death toll surpassed 126K. Later in the day, Fed Chair Powell and Treasury Secretary Mnuchin will testify before the House Financial Services Committee regarding the Coronavirus and CARES Act. In prepared remarks, Powell already said that the Main Street lending facility may prove helpful for firms hit by the coronavirus crisis. Meanwhile, tensions between US and China are expected to rise as top decision-making authority in China’s parliament approved the new security law for Hong Kong. On Monday, the Dow Jones gained 580 points or 2.3% to 25,596. The S&P 500 added 44 points or 1.5% to 3053. The Nasdaq increased 117 points or 1.2% to 9874.2020-06-30T08:18:00"
US Stocks Rebound Sharply,Stock Market,"US Stocks Rebound SharplyUnited States Stock MarketWall Street closed deeply in the green recouping most of Friday’s deep losses nudged by an 11% climb in shares of Boeing, as certification flights for the Boeing 737 Max began on Monday. Sentiment was also buoyed by a record 44.3% jump in pending home sales, according to data from the National Association of Realtors. On the COVID front, 5409 cases were confirmed in Florida on Sunday, down from 8424 on Saturday. Still, positive tests rose to 13.7% from 12.2% and hospitalizations continue to rise. The Dow Jones gained 580 points or 2.3% to 25,596. The S&P 500 added 44 points or 1.5% to 3053. The Nasdaq increased 117 points or 1.2% to 9874.
2020-06-29T20:06:00"
Micron Technology earnings at 0.82 USD,Earnings,Micron Technology earnings at 0.82 USDUnited States EarningsMicron Technology (MU) released earnings per share at 0.82 USD.2020-06-29T20:05:32.86
Dow Jones is up by 2%,stock market,Dow Jones is up by 2%United States stock marketDow Jones Industrial Average increased 2% to 255132020-06-29T19:58:20.547
US Stocks Rally on Recovery Hopes,Stock Market,"US Stocks Rally on Recovery HopesUnited States Stock MarketThe Dow Jones climbed over 400 points on Monday, as investors hope that most US state economies will continue reopen even if the number of coronavirus increases. Investors also awaited data on ISM PMI and nonfarm payrolls to be released later in the week as well as Fed Chair Chair Powell's testimony before the House on Tuesday. Boeing shares were among the top performers after Reuters reported that the certification test campaign for the 737 Max will start on Monday. Meanwhile, the S&P 500 added nearly 40 points while the Nasdaq jumped more than 100 points.2020-06-29T16:43:00"
Dollar Trades Around 97.4 for a 4th Consecutive Day,Currency,Dollar Trades Around 97.4 for a 4th Consecutive DayUnited States CurrencyThe dollar index was trading around 97.4 for a fourth consecutive day on Monday as investors weight a spike in coronavirus cases against optimism about the global economic recovery. The number of infections continues to rise worldwide and some US states are already slowing the process of reopening while the recent data on economic activity points to a sharp recovery from March and April levels. 2020-06-29T13:52:00
Dow Jones Start the Week in the Green,Stock Market,"Dow Jones Start the Week in the GreenUnited States Stock MarketThe Dow Jones rose more than 200 points on Monday, as investors try to focus on prospects of a fast economic recovery ahead of ISM PMIs and the nonfarm payrolls data release later in the week and Fed Chair Chair Powell testimony before the House on Tuesday. Boeing shares were the top performers after Reuters reported that the certification test campaign for the 737 Max will start on Monday. Still, the number of new coronavirus infections continues to increase and many US states including Texas, Florida, California and Arizona are reversing reopening phrases. Meanwhile, the S&P 500 added near 5 points while the Nasdaq fell near 25.2020-06-29T13:37:00"
US Stock Futures Extend Losses,Stock Market,"US Stock Futures Extend LossesUnited States Stock MarketWall Street's main indexes looked set to start the week in the red, with the Dow Futures failing more than 100 points on growing concerns about the latest spike in coronavirus cases and its impact on the economy. In the US, the epicentre of the disease, the number of infections surpassed 2.5 million, with record numbers of cases reported in the states of Florida and Texas. US health secretary Alex Azar warned that “the window is closing” on the country’s chance to act effectively to control the spread of Covid-19. Last week, the Dow Jones lost 3.3%, the S&P 500 shed 2.9%, and the Nasdaq fell 1.9%. 2020-06-28T22:31:00"
Dollar Appreciates on Friday,Currency,"Dollar Appreciates on FridayUnited States CurrencyThe dollar index appreciated slightly to 97.5 on Friday, as investors moved to safety after hopes of a fast global economic recovery faded amid a resurgence in coronavirus cases across the US. As a consequence, Texas and Florida reimpose some lockdown restrictions. The dollar index posted a small 0.1% weekly loss.2020-06-26T21:03:00"
US PCE Prices Rise 0.1% MoM in May,PCE Price Index Monthly Change,"US PCE Prices Rise 0.1% MoM in MayUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States rose 0.1 percent month-over-month in May 2020, rebounding from a 0.5 percent fall in April. Cost of services went up 0.2 percent, following a 0.2 percent decline in April while prices of goods were unchanged after dropping 0.9 percent. Year-on-year, the PCE price index advanced 0.5 percent, easing from an upwardly revised 0.6 percent gain in the prior month. Excluding food and energy, PCE prices rose 0.1 percent, following a 0.4 percent decline in April and above market expectations of a flat reading. Year-on-year, core PCE inflation was steady at 1 percent.2020-06-26T12:33:00"
Dollar on Track to Book Weekly Loss,Currency,"Dollar on Track to Book Weekly LossUnited States CurrencyThe dollar index traded around 97.3 on Friday and was on track to post a small weekly loss as investors face a spread of new coronavirus infections and as hopes of a fast global economic recovery fade. Still, a broad risk-off sentiment has been lifting the USD since mid June.2020-06-26T09:54:00"
Dow Futures Point to Losses at the Open,Stock Market,"Dow Futures Point to Losses at the OpenUnited States Stock MarketDow Jones futures traded lower on Friday after Fed stress tests for big banks showed several lenders could approach minimum capital levels in scenarios related to the coronavirus pandemic. As a result, banks will need to suspend share repurchases and keep dividends at current levels for the third quarter. Disappointing quarterly numbers for Nike also rattled investors, with the apparel giant reporting a quarterly revenue drop of 38% over the same period a year ago. On the coronavirus front, new cases continue to rise in the US while Texas will pause reopening plans. The CDC Director said that only near 1 in 10 coronavirus cases in the US are likely to have been identified. On Thursday, the Dow Jones added 300 points or 1.2% to 25,746. The S&P 500 gained 33 points or 1.1% to 3084. The Nasdaq jumped 108 points or 1.1% to 10,017.
2020-06-26T08:36:00"
US 10-Year Bond Yields Slightly Higher,Government Bond 10Y,"US 10-Year Bond Yields Slightly HigherUnited States Government Bond 10YThe yield on US government 10-year Treasury note was slightly higher at 0.6741% on Friday, as investors await data on personal income, consumer spending and core PCE prices later in the day. Yields fell on Thursday amid fears of a second wave of coronavirus infections in the US as several states including California, Texas and Florida posted record rises in the number of new cases. The yield on the 30-year Treasury bond was also higher at 1.4186%.2020-06-26T07:34:00"
Dow Futures Fall Following Thursday’s Gains,Stock Market,"Dow Futures Fall Following Thursday’s GainsUnited States Stock MarketDow Jones futures reversed course during the Asian trading session on Friday after the Federal Reserve set new limitations on big bank dividend payments and bar share repurchases following its annual stress test. Disappointing quarterly numbers out of Nike also rattled investors, with the apparel giant reporting a quarterly revenue drop of 38% over the same period a year ago. On Thursday, the Dow Jones added 300 points or 1.2% to 25,746. The S&P 500 gained 33 points or 1.1% to 3084. The Nasdaq jumped 108 points or 1.1% to 10,017.2020-06-26T01:39:00"
Asian Markets Gain,Stock Market,"Asian Markets GainUnited States Stock MarketMarkets in Asia were trading in the green on Friday, following Wall Street’s gains overnight as investors focus on the prospects for economic recovery as businesses continue to reopen due to the relaxed quarantine. Unprecedented measures by central banks have restored confidence and boosted investor risk appetite. But, the IMF warned that the ongoing disconnect between financial market optimism and the global economy could lead to a correction in asset prices. 2020-06-26T00:03:23.953"
US 10-Year Treasury Yields at 2-Week Low,Government Bond 10Y,"US 10-Year Treasury Yields at 2-Week LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell for the second session to 0.664% on Thursday, its lowest level on a closing basis since June 11th, after the US recorded more than 45.5 thousand coronavirus infections on Wednesday, the highest on record according to NBC. The IMF expects the US economy to shrink 8% in 2020, compared to a 5.9% contraction estimated in April due to the effects of the coronavirus pandemic. Recent data showed the US jobless claims rose more than expected for the second week, with more 1.48 million Americans filling for unemployment benefits; and the US economy was confirmed contracting by an annualized 5.0 percent in the first three months of the year, the most since the last quarter of 2008. 2020-06-25T13:05:00"
US Goods Gap Rises Amid Falling Exports,Goods Trade Balance,"US Goods Gap Rises Amid Falling ExportsUnited States Goods Trade BalanceThe goods deficit in the US widened to USD 74.34 billion in May of 2020 from USD 70.73 billion in the previous month. Exports plunged 34.9 percent to USD 90.08 billion, mainly due to a 75.2 percent drop in sales of automotive vehicles and a 38.6 percent decline in consumer goods, an advance estimate showed. Imports fell at a slower 22.9 percent to USD 164.42 billion, mainly due to purchases of automotive vehicles (-72.6 percent).2020-06-25T12:37:00"
US Corporate Profits Fall Less than Initially Thought,Corporate Profits,"US Corporate Profits Fall Less than Initially ThoughtUnited States Corporate ProfitsCorporate profits in the United States slumped 12.4 percent to USD 1,672.3 billion in the first quarter of 2020, after rising 2.1 percent in the previous period and compared with a preliminary estimate of a 14.2 percent plunge, final figures showed. It was the sharpest decline in corporate profits since the last quarter of 2008, amid the coronavirus crisis. Undistributed profits dropped by 46.6 percent to USD 296.6 billion and net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment declined by 9.6 percent to USD 2,251.3 billion. Meanwhile, net dividends increased by 1.7 percent to USD 1,375.8 billion.2020-06-25T12:34:00"
Dollar Gains for 2nd Day,Currency,"Dollar Gains for 2nd DayUnited States CurrencyThe dollar index strengthened for the second straight session to around 97.3 on Thursday as investors' risk appetite dampened amid increasing concerns about a second wave of coronavirus as cases mount in the US, Germany, Australia and Latin America. Also, the ECB launched a new repo facility to provide Euro funding to banks outside the Euro Area, which send the Euro down. 2020-06-25T09:51:19.93"
US 10-Year Treasury Yields Continue to Fall,Government Bond 10Y,"US 10-Year Treasury Yields Continue to FallUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell for the second session to 0.667% on Thursday, after the US recorded more than 45.5 thousand coronavirus infections on Wednesday, the highest on record according to NBC. The IMF expects the US economy to shrink 8% in 2020, compared to a 5.9% contraction estimated in April due to the effects of the coronavirus pandemic. Investors also await the jobless claims release later in the day, alongside final estimate of first-quarter GDP and durable goods orders. Initial claims are seen falling to a seasonally adjusted 1.3 million from 1.508 million a week earlier, but still making twice the peak during the 2007-09 Great Recession. 2020-06-25T09:37:00"
US Futures Trade Lower as Coronavirus Cases Spike,Stock Market,"US Futures Trade Lower as Coronavirus Cases SpikeUnited States Stock MarketStock futures in the US traded in the red on Thursday, after a sell-off the day before amid mounting concerns about a second wave of coronavirus infections and the need for further lockdowns and economic shutdown. The US recorded near 45.5K new infections on Wednesday, a single-day high, according to NBC. California and Florida also showed a record daily spike and in Houston intensive-care unit beds are near capacity. The governors of New York, New Jersey and Connecticut announced a 14-day quarantine for travellers entering from hotspots. Meanwhile, renewed trade tensions between the US, Canada and Europe due to new tariffs and travel restrictions weighed on investors' mood. On Wednesday, the Dow Jones plunged 710 points or 2.7% to 25,446. The S&P 500 plummeted 81 points or 2.6% to 3050. The Dow Jones sank 222 points or 2.2% to 9909.2020-06-25T06:53:00"
US Stock Futures Rally,Stock Market,"US Stock Futures RallyUnited States Stock MarketUS stock futures recovered ground on Thursday, a day after the Dow Jones plunged more than 700 index points to post its worst day since June 11 on the back of intensifying worries about a coronavirus resurgence. Florida, Oklahoma and South Carolina reported record increases in new cases, while the governors of New York, New Jersey and Connecticut announced a 14-day quarantine for travellers entering from hotspots. Investors were also worried about the possibility of trade tariffs and geopolitical tension between the United States, Canada, and the European Union. On Wednesday, the Dow Jones plunged 710 points or 2.7% to 25,446. The S&P 500 plummeted 81 points or 2.6% to 3050. The Dow Jones sank 222 points or 2.2% to 9909. 2020-06-25T00:44:00"
Dow Jones Tumbles 800 Points,Stock Market,"Dow Jones Tumbles 800 PointsUnited States Stock MarketWall Street's main indexes extended losses on Wednesday after the governors of New York, New Jersey and Connecticut announced they would impose a 14-day quarantine on visitors from states with high COVID-19 infection rates. Stocks were already under pressure after Texas, Florida, Arizona and California saw a new record daily increase in the number of infections. The White House health adviser Dr Anthony Fauci said Tuesday that parts of the US are beginning to see a “disturbing surge” in new cases. Meanwhile, tensions between the US and Europe mounted after Bloomberg reported that Washington is considering new tariffs on $3.1 billion of exports from France, Germany, Spain and the UK while the EU is considering barring Americans from a travel list due to the coronavirus. The Dow plummeted more than 800 points, before erasing some of the losses. The S&P 500 lost 80 points, while the Nasdaq slumped 240 points, heading for its first daily decline in nine sessions.2020-06-24T15:55:00"
US Crude Inventories Rise More than Forecast,Crude Oil Stocks Change,"US Crude Inventories Rise More than ForecastUnited States Crude Oil Stocks ChangeUS crude oil stocks rose by 1.442 million barrels in the week ended June 19th, 2020, after a 1.215 million increase in the previous period and compared with market expectations of a 0.299 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories fell more than expected for a second straight week, down by 1.673 million barrels.2020-06-24T14:36:00"
Dollar rebounds from 2-Week Low,Currency,"Dollar rebounds from 2-Week LowUnited States CurrencyThe dollar index gained slightly to 96.8 on Wednesday, recovering from a 2-week low reached in the previous session, amid a general decline in investors' risk appetite. Fears of a second wave of coronavirus mount as new infections are rising in the US, China, Latin America, India and Germany. Also, Bloomberg reported that the Trump administration is considering new tariffs on $3.1 billion of exports from the UK, France, Spain and Germany, raising further trade tensions. However, the US dollar is near levels not seen since early March, as investors still hope for a fast global economic recovery.2020-06-24T09:41:00"
US Fifth District Manufacturing Activity Index Rises,Richmond Fed Manufacturing Index,"US Fifth District Manufacturing Activity Index RisesUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia increased to 0 in June of 2020 from -27 in May. Shipments were relatively flat (-1 vs -26 in May), more firms reported increases in new orders (5 vs -35), and firms generally reported continued declines in employment (-5 vs -16). The index for local business conditions rose notably in June, indicating optimism among firms after three months of some of the most negative readings on record for that series. Manufacturers were also optimistic, overall, that conditions would improve in the next six months.2020-06-23T14:03:00"
US Composite PMI Contracts at Softer Pace,Composite Pmi,"US Composite PMI Contracts at Softer PaceUnited States Composite PmiThe IHS/Markit US Composite PMI increased to 46.8 in June 2020 from 37 in the previous month, a preliminary estimate showed. The reading pointed to the softest contraction in private sector activity in four months, as several firms and states began to reopen following the coronavirus lockdown measures. Both manufacturing output (PMI at 49.6 vs 39.8 in May) and the services sector (PMO at 46.7 vs 37.5 in May) shrank at slower rate. New orders declined at a softer pace despite many firms noting a rebound in demand and the downturn in export orders eased as key foreign markets rose their buying activity amid looser lockdown restrictions. Firms continued to cut workforce numbers, albeit at a modest rate. On the price front, input and output charges rose for the first time since February. Lastly, sentiment improved with the degree of optimism hitting a four-month high amid expectations of a fast economic recovery amid the reopening of states.2020-06-23T13:56:00"
US Service Sector Shrinks Less than Expected,Services PMI,"US Service Sector Shrinks Less than ExpectedUnited States Services PMIThe IHS/Markit US Services PMI rose to 46.7 on June 2020 from 37.5 in the previous month and beating market expectations of 46.5, a flash estimate showed. The latest reading pointed to the weakest contraction in services activities in four months, as many service providers returned to work after coronavirus lockdown restrictions. New orders fell at a softer pace, as a pickup in both domestic and foreign markets helped boost sales. On the price front, both input prices and output prices increased. Finally, sentiment improved amid hopes that demand will return to previously seen levels came amid the reopening of states and businesses.2020-06-23T13:49:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 102332020-06-23T13:29:59.89
Dollar at 1-Week Low,Currency,"Dollar at 1-Week LowUnited States CurrencyThe dollar index traded slightly lower at 96.9 on Tuesday, the weakest on a closing basis in a week, amid a slight improvement in investors' risk appetite after President Trump clarified via Twitter the trade deal with China is fully intact. Earlier, the trade adviser Peter Navarro confused markets by saying it was over. Navarro later added his comments “have been taken wildly out of context”. Also, PMIs for Europe came much better-than-expected, suggesting the economic recovery from the pandemic is on the way.2020-06-23T10:12:41.56"
Dow Jones traded below 26000,stock market,Dow Jones traded below 26000 United States stock marketDow Jones Industrial Average decreased below 26000 points to 259992020-06-23T05:45:00
US Stock Futures Extend Gains,Stock Market,"US Stock Futures Extend GainsUnited States Stock MarketMajor US stock index futures edged higher during the Asian session on Tuesday as Wall Street reflected investors optimism over a successful reopening of the global economy from coronavirus-induced shutdowns. Still, sentiment remained fragile amid growing evidence of a surge in new coronavirus infections in several US states. Texas Governor Greg Abbott declared the coronavirus is spreading at an unacceptable rate, warning that additional measures are going to be necessary to contain the spread of the virus. On Monday, the Dow Jones gained 153 points or 0.6% to 26,025. The S&P 500 climbed 21 points or 0.7% to 3118. The Nasdaq jumped 110 points or 1.1% to 10,057. 2020-06-23T01:02:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 101562020-06-22T18:48:16.23
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketStock futures in the US traded mixed on Monday, as investors digest prospects of a fast economic recovery, monetary and fiscal stimulus announced last week, and a surge in the number of new coronavirus cases. Nevada, Florida, California, and Arizona have reported record-high single-day infections. Worldwide, new infections continue to rise in China, Germany, Australia and Brazil. Last week, all three major American stock indexes recorded the fourth weekly gain in five. The Dow Jones increased 1%, the S&P 500 climbed 1.9%, and the Nasdaq jumped 3.7%2020-06-22T07:34:00"
Dow Futures Drop Over 200 Points,Stock Market,"Dow Futures Drop Over 200 Points United States Stock MarketWall Street's main indexes looked set to extend losses on Monday, as worries over a resurgence in the pandemic's spread persisted. Nevada, Florida, California, and Arizona have reported record-high single-day infections. The concerns outweighed expected economic stimulus and the sustained economic recovery from many businesses re-opening. Last week, all three major stock indexes recorded the fourth weekly gain in five. The Dow Jones increased 1%, the S&P 500 climbed 1.9%, and the Nasdaq jumped 3.7%.2020-06-21T23:04:00"
Dollar Appreciates on Safe-Haven Demand,Currency,"Dollar Appreciates on Safe-Haven DemandUnited States CurrencyThe dollar index appreciated to 97.6 against a basket of currencies on Friday, close to levels not seen since the beginning of June as investors digest fears of a second wave of coronavirus infections and mixed economic data released during the week, including disappointing jobless claims figures. For the week, the dollar rose 0.5%.2020-06-19T20:11:00"
US Stocks Pare Gains,Stock Market,"US Stocks Pare Gains United States Stock MarketUS stocks moved into negative territory on Friday, after news that Apple might close some of its US stores again due to a resurgence in coronavirus cases including Florida and Texas. At the open, the Dow Jones gained more than 300 points, the S&P 500 more than 80 and the Nasdaq more than 100 as investors try to shrug off fears of a second wave of coronavirus infections and focus on prospects of a quick economic recovery. Bloomberg reported that China plans to accelerate purchases of American farm goods to comply with the phase one trade deal, following talks in Hawaii this week. Hours earlier, President Trump said that 'complete decoupling’ from China remains an option. On the coronavirus front, new infections continue to rise at a record pace in Texas, California, Arizona and Florida and both China and Japan reported new infections. Still, for week the Dow Jones is on track to gain near 1.3%, the S&P 500 more than 1.8% and the Nasdaq more than 3.6%.2020-06-19T16:25:00"
US Stocks on Track to Book At Least 3% Weekly Gain,Stock Market,"US Stocks on Track to Book At Least 3% Weekly GainUnited States Stock MarketWall Street traded higher on Friday, with the Dow Jones gaining more than 300 points, the S&P 500 more than 80 and the Nasdaq more than 100, as investors try to shrug off fears of a second wave of coronavirus infections and focus on prospects of a quick economic recovery. Bloomberg reported that China plans to accelerate purchases of American farm goods to comply with the phase one trade deal, following talks in Hawaii this week. Hours earlier, President Trump said that 'complete decoupling’ from China remains an option. On the coronavirus front, new infections continue to rise at a record pace in Texas, California, Arizona and Florida and both China and Japan reported new infections. For the week, the Dow Jones is on track to gain near 3%, the S&P 500 more than 3.5% and the Nasdaq more than 4%.2020-06-19T13:36:00"
Dollar Trades Nearly Flat as Investors Pause for Though,Currency,"Dollar Trades Nearly Flat as Investors Pause for ThoughUnited States CurrencyThe dollar index was nearly flat at 97.4 on Friday as investors digest fears of a second wave of coronavirus infections and mixed economic data released during the week, including disappointing jobless claims figures. Still, the dollar traded close to levels not seen since the beginning of June and is on track to post a small weekly gain. It is up 0.1% so far. 2020-06-19T08:34:00"
US Futures Edge Up,Stock Market,"US Futures Edge UpUnited States Stock MarketStock futures in the US traded slightly higher on Friday as investors try to shrug off fears of a second wave of coronavirus infections and focus on prospects of a quick economic recovery. Bloomberg reported that China plans to accelerate purchases of American farm goods to comply with the phase one trade deal, following talks in Hawaii this week. Hours earlier, President Trump said that 'complete decoupling’ from China remains an option. On the coronavirus front, new infections continue to rise at a record pace in Texas, California, Arizona and Florida and both China and Japan reported new infections. On Thursday, the Dow Jones lost 40 points or 0.2% to 26,080. The S&P 500 edged up 2 points or 0.1% to 3115. The Nasdaq gained 33 points or 0.3% to 9943.2020-06-19T07:10:00"
US Futures Drop,Stock Market,"US Futures DropUnited States Stock MarketUS stock futures traded lower on Friday, as worries over a resurgence in the pandemic's spread clash with hopes for a coming economic recovery. Several states have reported new outbreaks after re-opening their economies, but President Donald Trump asserted the US would not set another round of restrictions to curb the spread. On the data front, initial jobless claims rose by 1.5 million compared to market expectations of 1.3 million, exacerbating fears of a slower than expected employment recovery. On Thursday, the Dow Jones lost 40 points or 0.2% to 26,080. The S&P 500 edged up 2 points or 0.1% to 3115. The Nasdaq gained 33 points or 0.3% to 9943.2020-06-19T01:18:00"
Dollar Strengthens on Thursday,Currency,"Dollar Strengthens on ThursdayUnited States CurrencyThe dollar index appreciated to 97.3 on Thursday as investors rush for safe haven assets amid increasing concerns about a second wave of coronavirus infections and the need for further lockdowns and shutdown of economic activity. Also, BoE's bearish tone on the UK's economic outlook set investors away from the British pound.2020-06-18T14:15:34.467"
Dollar Nearly Flat as Coronavirus Cases Increase,Currency,Dollar Nearly Flat as Coronavirus Cases IncreaseUnited States CurrencyThe dollar index traded nearly flat at 97.1 on Thursday as investors rush for safe haven assets amid increasing concerns about a second wave of coronavirus infections and the need for further lockdowns and shutdown of economic activity.2020-06-18T10:41:15.033
Dow Futures Drop Over 200 Points,Stock Market,"Dow Futures Drop Over 200 Points United States Stock MarketWall Street's main indexes looked set to extend losses on Thursday, as worries over a resurgence in the pandemic's spread persisted. Meanwhile, the New York Times and other US media reported that John Bolton’s book says President Donald Trump asked his Chinese counterpart to help him win the 2020 US presidential election. On Wednesday, the Dow Jones shed 170 points or 0.7% to 26,120. The S&P 500 retreated 11 points or 0.4% to 3114. In contrast, the Nasdaq gained 15 points or 0.2% to 9911.2020-06-18T01:25:01.143"
Wall Street Edges Higher,Stock Market,"Wall Street Edges HigherUnited States Stock MarketUS stocks were slightly higher in midday trading on Wall Street as investors assessed encouraging data about a possible treatment for Covid-19. Still, ongoing concerns about a fresh wave of coronavirus infections around the world dampened investors risk appetite. Several US states, such as Arizona, Florida, Oklahoma, Oregon and Texas reported record increases in new cases. Meantime, during his second day of testimony, Powell said the central bank’s corporate bond purchases eventually will move away from ETFs and into individual bonds.2020-06-17T17:49:00"
US Crude Stockpiles Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Stockpiles Rise for 2nd WeekUnited States Crude Oil Stocks ChangeUS crude oil stocks rose by 1.215 million barrels in the week ended June 12th, 2020, after a 5.720 million increase in the previous period and compared with market expectations of a 0.152 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories went down by 1.667 million barrels, a larger than expected decline.2020-06-17T14:34:00"
Dollar Strengthens for 2nd Day,Currency,"Dollar Strengthens for 2nd DayUnited States CurrencyThe dollar index traded slightly higher at 97.2 on Wednesday, the strongest on a closing basis since June 12th as investors digest fresh monetary stimulus from the Fed, a record jump in retail sales and Trump Administration plans for a $1 trillion infrastructure proposal. However, the dollar remains close to levels not seen since early March when the coronavirus crisis started as traders continue to worry about a second wave of coronavirus cases, consequent lockdowns and funding needs.2020-06-17T10:34:59.98"
US Futures Rise,Stock Market,"US Futures RiseUnited States Stock MarketWall Street was set to open slightly higher on Wednesday, following a significant rally in the previous session supported by a historic rebound in US retail sales, fresh stimulus from the Fed and Bank of Japan, and positive trial results from a potential coronavirus treatment. Still, worries about a fresh wave of coronavirus infections around the world dampened investor risk appetite. Beijing saw an unexpected jump in infections, while several US states reported record increases in new cases on Tuesday. The Dow Jones climbed 527 points or 2% to 26,290. The S&P 500 added 58 points or 1.9% to 3125. The Nasdaq jumped 170 points or 1.8% to 9896.2020-06-17T01:17:24.003"
Oracle earnings at 1.2 USD,Earnings,Oracle earnings at 1.2 USDUnited States EarningsOracle (ORCL) released earnings per share at 1.2 USD.2020-06-16T20:17:13.173
Dollar Gains on US Retail Trade Report,Currency,"Dollar Gains on US Retail Trade ReportUnited States CurrencyThe dollar index rose above 97.0 against a basket of currencies on Tuesday after economic data showed the US retail trade jumped 17.7% in May, recovering from April's record fall and easily beating market expectations. The currency had depreciated earlier in the session after the Federal Reserve launched its Main Street Lending Program and as the Trump administration is set to unveil a nearly $1 trillion infrastructure spending proposal.2020-06-16T16:57:00"
US Homebuilder Sentiment Stronger than Forecast,Nahb Housing Market Index,"US Homebuilder Sentiment Stronger than ForecastUnited States Nahb Housing Market IndexThe NAHB housing market index in the US climbed 21 points from the previous month to 58 in June 2020, easily beating market expectations of 45, as several states lifted the lockdowns restrictions imposed to combat COVID-19. The current single-family sub-index rose to 63 from 42 in May and the one for prospective buyers went up to 43 from 21. Additionally, the gauge for home sales over the next six months increased to 68 from 46.2020-06-16T14:09:00"
US Capacity Utilization Remains Subdued,Capacity Utilization,"US Capacity Utilization Remains SubduedUnited States Capacity UtilizationCapacity utilization in the United States increased to 64.80 percent in May from a record low of  63.97 percent in April of 2020, but was lower than market forecasts of 66.9 percent. Still, capacity utilization is at a rate that is 15 percentage points below its long-run (1972–2019) average of 80.1 and 1.9 percentage points below its trough during the Great Recession, as many factories resumed operations only partially following suspensions related to COVID-19.2020-06-16T13:30:15.57"
Dollar Edges Down for 2nd Day,Currency,"Dollar Edges Down for 2nd DayUnited States CurrencyThe dollar index depreciated slightly to 96.6 on Tuesday as investors' risk appetite improved after the Federal Reserve launched its Main Street Lending Program and detailed plans to buy individual corporate bonds while the Trump administration is preparing a nearly $1 trillion infrastructure proposal, Bloomberg reported. However, the dollar remains close to levels not seen since early March when the coronavirus crisis started as traders continue to worry about a second wave of coronavirus cases, consequent lockdowns and funding needs. 2020-06-16T08:58:00"
US Futures Point to Gains at the Open,Stock Market,"US Futures Point to Gains at the OpenUnited States Stock MarketStock futures in the US traded higher on Tuesday as investors welcome more fiscal and monetary stimulus, despite a hike in new coronavirus cases in several states including Texas, Arizona and Florida. On Monday, the Fed launched its Main Street Lending Program and detailed plans to buy individual corporate bonds while the Trump administration is preparing a nearly $1 trillion infrastructure proposal, including building roads and bridges, Bloomberg reported. Meanwhile, traders await fresh retail sales and industrial production figures and Fed Chair Powell report to the Congress later in the day for further details about the central bank stimulus and plans. On Monday, the Dow Jones gained 158 points or 0.6% to 25,763. The S&P 500 climbed 25 points or 0.8% to 3067. The Nasdaq jumped 137 points or 1.4% to 9726.2020-06-16T08:02:00"
Dow Futures Rise More Than 200 Points,Stock Market,"Dow Futures Rise More Than 200 PointsUnited States Stock MarketUS stock index futures rose in overnight trading, following Wall Street’s enthusiasm over the Federal Reserve’s decision to buy individual corporate bonds to support the US economy. Still, worries about a fresh wave of coronavirus infections around the world dampened investor risk appetite. Beijing saw an unexpected jump in infections, while new cases and hospitalizations swept through more US states, including Florida and Texas. On Monday, the Dow Jones gained 158 points or 0.6% to 25,763. The S&P 500 climbed 25 points or 0.8% to 3067. The Nasdaq jumped 137 points or 1.4% to 9726. 2020-06-16T00:59:20.697"
Dow Jones traded below 26000,stock market,Dow Jones traded below 26000 United States stock marketDow Jones Industrial Average decresed below 26000 points to 259962020-06-15T23:37:14.193
US International Capital Inflows Lose Steam,Capital Flows,"US International Capital Inflows Lose SteamUnited States Capital FlowsOverseas investors bought USD 125.3 billion of US assets, including short-dated instruments, in April 2020 after buying an upwardly revised USD 355.3 billion in March. Meanwhile, foreigners sold USD 176.7 billion of long-term US securities, including government and corporate after selling USD 298.9 billion in the previous month. Overseas investors sold USD 128.4 billion of Treasuries in April after dumping USD 111.6 billion in the previous month.
2020-06-15T20:05:00"
US Stocks Mount Comeback After Fed Announcement,Stock Market,"US Stocks Mount Comeback After Fed AnnouncementUnited States Stock MarketWall Street closed higher in a volatile session, recouping a 700-point loss early in the day triggered by fears of a second wave of COVID cases in the US and China. On the policy side, sentiment was buoyed after the Fed announced it will start buying individual corporate bonds months after announcing the purchase of ETFs only, adding the secondary market operations to the mix. On the COVID front, Governor Andrew Cuomo warned New York of a second wave of cases after the state has received 25 thousand complaints about businesses violating rules of a phased reopening, while several states including Texas and Florida continue to hit fresh daily highs. The Dow Jones gained 158 points or 0.6% to 25,763. The S&P 500 climbed 25 points or 0.8% to 3067. The Nasdaq jumped 137 points or 1.4% to 9726.2020-06-15T20:05:00"
US Stocks Pare Losses,Stock Market,"US Stocks Pare LossesUnited States Stock MarketWall Street's main indexes were well off their session lows in afternoon trading on Monday boosted by a slight rebound in tech shares like Facebook and Netflix. The indexes opened deeply in the red amid growing concerns about a second wave of coronavirus after Alabama, Alaska, Arizona, Arkansas, California, Florida, North Carolina, Oklahoma and South Carolina had a record number of new cases during the weekend and in Arkansas, North Carolina, Texas and Utah hospitalizations hit a record. Meanwhile, the White House trade adviser Peter Navarro told CNN the Trump Aministration is targeting a phase four stimulus package focusing on American manufacturing that will be ""at least $2 trillion dollars"", while Larry Kudlow, National Economic Council chief, said the administration opposed extending the federal government’s $600 bonus to unemployment payments beyond July.2020-06-15T16:53:00"
US Stocks Plunge as Coronavirus Cases Rise,Stock Market,"US Stocks Plunge as Coronavirus Cases RiseUnited States Stock MarketWall Street started the week in negative territory, with the Dow Jones falling more than 600 points, the S&P 500 more than 60 and the Nasdaq more than 140 amid resurgence fears over a second wave of coronavirus. Alabama, Alaska, Arizona, Arkansas, California, Florida, North Carolina, Oklahoma and South Carolina had a record number of new cases and hospitalisations also hit a record in Arkansas, North Carolina, Texas and Utah during the weekend. Meanwhile, the White House trade adviser Peter Navarro told CNN the Trump Aministration is targeting a phase four stimulus package focusing on American manufacturing that will be ""at least $2 trillion dollars"". Larry Kudlow, National Economic Council chief, said the administration opposed extending the federal government’s $600 bonus to unemployment payments beyond July. 2020-06-15T13:33:00"
US Treasury Yields Fall on Covid-19 Concerns,Government Bond 10Y,"US Treasury Yields Fall on Covid-19 ConcernsUnited States Government Bond 10YThe yield on the US 10-year Treasury note went down to 0.66% on Monday as investors turn to safe haven assets amid mounting concerns about a second wave of coronavirus infections after new cases were recorded in the US, China and Japan over the weekend. Meanwhile, the yield on 30-year bond dropped to 1.406%. 2020-06-15T13:30:00"
US Futures Plunge as Coronavirus Cases Mount,Stock Market,"US Futures Plunge as Coronavirus Cases MountUnited States Stock MarketStock futures in the US started the week in negative territory, with the Dow falling more than 600 points, the S&P 500 more than 50 and the Nasdaq more than 170 amid resurgence fears over a second wave of coronavirus. Alabama, Alaska, Arizona, Arkansas, California, Florida, North Carolina, Oklahoma and South Carolina had a record number of new cases and hospitalisations also hit a record in Arkansas, North Carolina, Texas and Utah during the weekend. Meanwhile, protests over the death of George Floyd and police brutality continued while the death of Rayshard Brooks by a police officer in Atlanta was considered homicide, which reignited protests in Atlanta. Meantime, Larry Kudlow, National Economic Council chief, said the administration opposed extending the federal government’s $600 bonus to unemployment payments beyond July. Last week, the Dow Jones lost 5.5%, the S&P 500 retreated 4.7% and the Nasdaq declined 2.3%.2020-06-15T09:00:00"
Dollar Edges Down,Currency,"Dollar Edges Down United States CurrencyThe dollar index traded slightly lower at 97.2 on Monday, as investors digest mounting fears of a second wave of coronavirus after new cases were recorded in Beijing and US numbers increased over the weekend. Also, traders concerns about a fast global economic recovery increased after data for China industrial production and retail sales disappointed. 2020-06-15T08:35:17.993"
Dow Jones is up by 2%,stock market,Dow Jones is up by 2%United States stock marketDow Jones Industrial Average increased 2% to 256302020-06-12T19:50:47.697
US Stocks Give Up Gains,Stock Market,"US Stocks Give Up GainsUnited States Stock MarketWall Street's main indexes pared some gains in a volatile session on Friday, and were on track for their worst week in nearly three months, as investors continued to digest the probability of a second wave of coronavirus infections and a downbeat economic outlook for the economy delivered by the Fed. Some states including Texas, California and Florida reported a resurgence in new cases and Houston-area officials are “getting close” to reimpose stay-at-home orders.2020-06-12T17:55:00"
US Stocks Rally Fades,Stock Market,"US Stocks Rally FadesUnited States Stock MarketStocks in the US traded higher but were off their session highs on Friday, after plunging more than 5% in the previous day, as investors continue to digest the probability of a second wave of coronavirus infections and took advantage of lower prices. Some states including Texas, California and Florida reported a resurgence in new cases and Houston-area officials are “getting close” to reimpose stay-at-home orders. The Dow Jones gained 100 points after jumping more than 800 points earlier in the session, the S&P 500 was up near 15 points after rising more than 85 points and the Nasdaq added 20 points after increasing more than 270 points. Still, stocks are on track to book big losses for the week: the Dow Jones tank near 7% so far, the S&P 500 near 6% and the Nasdaq around 3%.2020-06-12T15:27:23.067"
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street rallied on Friday after plunging more than 5% in the previous session, as investors took advantage of lower prices and continue to digest the probability of a second wave of coronavirus infections. Some states including Texas, California and Florida reported a resurgence in new cases and Houston-area officials are “getting close” to reimpose stay-at-home orders. The Dow Jones jumped more than 800 points or 3.3%, the S&P 500 went up more than 85 points or 2.8% and the Nasdaq added more than 270 points or 2.9%. Still, stocks are on track to book big losses for the week: the Dow Jones tank near 5% so far, the S&P 500 near 3.7% and the Nasdaq around 1%.2020-06-12T13:31:00"
US Export Prices Rebound More than Expected in May,Export Prices MoM,"US Export Prices Rebound More than Expected in MayUnited States Export Prices MoMExport prices in the US increased 0.5 percent from a month earlier in May of 2020, up from a 3.3 percent fall in the previous month and compared to market expectations of a 0.6 percent gain. Nonagricultural export prices rose 0.6 percent in May, after declining 5.7 percent from January to April, as rising prices for nonagricultural industrial supplies and materials more than offset declining prices for capital goods, consumer goods, automotive vehicles, and nonagricultural foods. Meantime, agricultural exports cost declined 0.5 percent, less than a 3.1 percent drop in April, as lower prices for corn, dairy products, and soybeans more than offset higher prices for meat, vegetables, and cotton. Year-on-year, export prices declined 6 percent, after plunging 6.8 percent in the prior month.2020-06-12T12:35:00"
"US Futures Rebound, Dow Up more than 600 Points",Stock Market,"US Futures Rebound, Dow Up more than 600 PointsUnited States Stock MarketStock futures in the US traded sharply higher on Friday, attempting to rebound from more than a 5% decline in the previous session. Dow was gaining more than 600 points, the S&P 500 more than 60 points and the Nasdaq more than 150 points as investors digest the probability of a second wave of coronavirus infections as some states including Texas, California and Florida reported a resurgence in new cases. Houston-area officials are “getting close” to reimpose stay-at-home orders. On Thursday, the Dow Jones plummeted 1862 points or 6.9% to 25,128. The S&P 500 tanked 188 points or 5.9% to 3002. The Nasdaq plunged 528 points or 5.3% to 9493.2020-06-12T09:40:00"
Dollar Rally Pauses,Currency,"Dollar Rally PausesUnited States CurrencyThe dollar index retreated slightly to 96.6 on Friday after gaining near 1% in the previous session as investors digest the probability of a second wave of coronavirus infections. On Thursday, the dollar rallied and global stocks tank amid fears that new infections could lead to further lockdowns and deeper economic contractions, along with a cautious outlook from the Federal Reserve. 2020-06-12T09:27:00"
US Futures Rise Slightly,Stock Market,"US Futures Rise SlightlyUnited States Stock Market The Dow Jones futures rose 200 points on Thursday night recovering from more than 1800 points loss in the previous session. During the Thursday session, the Dow Jones sank 6.9%, the S&P 500 slumped 5.9% and the Nasdaq lost 5.3% as hopes of a fast economic recovery faded. US health authorities are concerned about the second wave of coronavirus infections after Texas reported three consecutive days of record-breaking COVID-19 hospitalizations, while California and Florida both reported a rise in the number of new infections. Earlier this week, Fed Chair Powell painted a gloomy and challenging outlook for the US economy.2020-06-11T23:38:00"
Adobe Systems earnings at 2.45 USD,Earnings,Adobe Systems earnings at 2.45 USDUnited States EarningsAdobe Systems (ADBE) released earnings per share at 2.45 USD.2020-06-11T20:16:47.573
US Stocks Plunge on Second Wave Fears,Stock Market,"US Stocks Plunge on Second Wave FearsUnited States Stock MarketWall Street plummeted on Thursday and suffered its worst trading session since March as hopes of a fast economic recovery faded after Fed Chair Powell painted a gloomy and challenging outlook for the US economy. Also, a second wave of COVID cases in several states triggered fears about reopening efforts. Texas reported three consecutive days of record-breaking COVID hospitalizations, while several counties in California reported a spike in new cases. Florida also saw a rise in the number of new infections. Meanwhile, Treasury Secretary Steven Mnuchin said “we can’t shut down the economy again”, while also adding that he is prepared to return to Congress to request additional fiscal spending to stimulate the economy. The Dow Jones plummeted 1862 points or 6.9% to 25,128. The S&P 500 tanked 188 points or 5.9% to 3002. The Nasdaq plunged 528 points or 5.3% to 9493.2020-06-11T20:04:00"
Dow Plunges 1800 Points,Stock Market,"Dow Plunges 1800 PointsUnited States Stock MarketThe Dow Jone extended decline to 7%, the S&P 500 slumped as much as 5.9% after hopes of fast economic recovery faded after Fed Chair Powell painted a gloomy and challenging outlook for the US economy and fears of the second wave of COVID-19 infections emerged. Fed officials see the US economy shrinking 6.5% in 2020 and expect the unemployment rate to rise to 9.3% and remain elevated for a long time. Texas, Florida and California saw a rise in new cases after easing the lockdowns. 2020-06-11T19:41:00"
"Dow Plunges 1,500 Points",Stock Market,"Dow Plunges 1,500 PointsUnited States Stock MarketThe Dow Jones was down more than 1500 points and on track for its biggest one-day drop since March 18th, after the Federal Reserve pledged to keep rates at current low levels through 2022 and Fed Chair Powell painted a gloomy and challenging outlook for the US economy with steep GDP contraction this year and a prolonged period of high unemployment rates. Also, fears over a second wave of coronavirus infections mounted in the US after Texas, Florida and California saw a rise in new cases. The S&P 500 is set to suffer its worst day since April 1st while the Nasdaq tumbled more than 3% from Wednesday's record high.2020-06-11T16:51:00"
US 10-Year Treasury Yield Falls Below 0.7%,Government Bond 10Y,"US 10-Year Treasury Yield Falls Below 0.7%United States Government Bond 10YThe yield on the US 10-year Treasury fell to 0.66% on Thursday, the lowest on a closing basis since June 1st, as investors’ risk appetite dampened after Fed Chair painted a gloomy and challenging outlook for the US and signaled rates would remain at current low levels until at least 2022. Also, fears of a second wave of coronavirus infections and new lockdowns weighed on investors’ mood.  2020-06-11T14:10:00"
US Stocks Plunge after Fed and as Covid-19 Cases Rise,Stock Market,"US Stocks Plunge after Fed and as Covid-19 Cases RiseUnited States Stock MarketWall Street sank on Thursday, with the Dow Jones falling more than 4% and booking its 3rd straight session of losses. The S&P 500 lost more than 3% and the Nasdaq dropped near 2% from a record high of 10,020 reached in the previous session. On Wednesday, the Federal Reserve painted a gloomy and challenging economic outlook for the US, with the GDP shrinking 6.5% in 2020 and unemployment rising to 9.3%. Fed Chair Powell also added that there would be an extended period during which it would be difficult for many people to find work. Meanwhile, fears over a second wave of coronavirus infections in the country mount after Texas, Florida and California saw a rise in infection rates. 2020-06-11T13:33:00"
Dollar Strengthens as Optimism over a Fast Recovery Fades,Currency,"Dollar Strengthens as Optimism over a Fast Recovery FadesUnited States CurrencyThe dollar index gained nearly 0.4% to trade above 96.3 on Thursday, recovering slightly from a 3-month low in the previous session as interest in safe haven assets increased after the Federal Reserve painted a gloomy and challenging economic outlook for the next few years. Moreover, the number of new coronavirus cases is rising in Texas, Florida and California, raising fears of a second wave of infections in the US. 2020-06-11T07:21:00"
US Futures Drop after Fed and as Covid-19 Cases Rise,Stock Market,"US Futures Drop after Fed and as Covid-19 Cases Rise United States Stock MarketStock futures in the US plunged on Thursday, with Dow falling more than 3%, S&P 500 more than 2% and Nasdaq more than 1% after the Fed on Wednesday painted a gloomy and challenging economic outlook for the US. Policymakers see the GDP shrinking 6.5% in 2020 and unemployment rising to 9.3% and said there would an extended period during which it would be difficult for many people to find work. Meanwhile, fears over a second wave of coronavirus infections in the country mount after Texas, Florida and California saw a rise in infection rates. On Wednesday, the Dow Jones shed 282 points or 1% to 26,990. The S&P 500 lost 17 points or 0.5% to 3190. In contrast, the Nasdaq gained 67 points or 0.7% to 10,020.2020-06-11T07:00:00"
Dow Futures Drop Over 150 Points,Stock Market,"Dow Futures Drop Over 150 Points United States Stock MarketWall Street's main indexes looked set to start Thursday in the red, as investors weighed a solemn address from the top-ranking Federal Reserve signalling economic risks from the virus were significant. The US Central Bank reassured investors of its support for the economy but forecasted a 6.5% decline in gross domestic product this year. On Wednesday, the Dow Jones shed 282 points or 1% to 26,990. The S&P 500 lost 17 points or 0.5% to 3190. In contrast, the Nasdaq gained 67 points or 0.7% to 10,020.2020-06-11T00:51:12.623"
Wall Street Lacks Direction,Stock Market,"Wall Street Lacks DirectionUnited States Stock MarketUS stocks swung between gains and losses on Wednesday, as investors digested Federal Reserve’s latest decision on monetary policy. The US central bank sounded more dovish repeating its promise of continued extraordinary support for the economy as policymakers projected a 6.5% decline in gross domestic product this year and a 9.3% unemployment rate at year's end. 2020-06-10T19:14:18.587"
US 10-Year Treasury Yield Drops on Dovish Fed,Government Bond 10Y,US 10-Year Treasury Yield Drops on Dovish FedUnited States Government Bond 10YThe yield on the benchmark 10-year bond fell to a session low 0.767 after the Federal Reserve flagged a more dovish outlook. The US Central Bank on Wednesday signalled years of support for an economy facing an unprecedented downturn from the coronavirus pandemic as policymakers predicted a 6.5% decline in gross domestic product this year. 2020-06-10T18:37:35.613
US Stocks Turn Positive After Fed Meeting,Stock Market,US Stocks Turn Positive After Fed MeetingUnited States Stock MarketWall Street broke into positive territory late Wednesday after the Federal Reserve said that interest rates will be kept near zero for some time. The US central bank sounded more dovish reiterating its commitment of continued extraordinary support for the economy as policymakers projected a 6.5% decline in gross domestic product this year and a 9.3% unemployment rate at year's end.2020-06-10T18:15:00
US Crude Stockpiles Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Stockpiles Unexpectedly RiseUnited States Crude Oil Stocks ChangeUS crude oil stocks rose by 5.720 million barrels in the week ended June 5th, 2020, after a 2.077 million decrease in the previous period and compared with market expectations of a 1.738 million fall, according to the EIA Petroleum Status Report. Meantime, gasoline inventories went up by 0.866 million barrels, above market forecasts of a 0.071 million increase.2020-06-10T14:34:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 100452020-06-10T13:30:05.59
US Core Index Posts 3rd Consecutive Monthly Decline,Core Inflation Rate MoM,"US Core Index Posts 3rd Consecutive Monthly DeclineUnited States Core Inflation Rate MoMUS core consumer prices, which exclude volatile items such as food and energy, decreased 0.1 percent from a month earlier in May 2020, the third decline in a row and compared to market expectations of a flat reading. This was the first time the core index has ever declined in three consecutive months. Along with motor vehicle insurance and apparel, the indexes for airline fares and used cars and trucks declined, while those for shelter, recreation, medical care, household furnishings and operations, and new vehicles all increased.2020-06-10T12:47:00"
US Food Inflation at Over 8-Year High,Food Inflation,"US Food Inflation at Over 8-Year HighUnited States Food InflationCost of food in the United States increased 4.0 percent from a year earlier in May 2020, the most since January 2012. Food at home prices jumped 4.8 percent (vs 4.1 percent in April) amid coronavirus-related lockdown restrictions, while food away from home cost advanced 2.9 percent (vs 2.8 percent in April).2020-06-10T12:39:00"
US Core Inflation Rate Drops to Over 9-Year Low,Core Inflation Rate,"US Core Inflation Rate Drops to Over 9-Year LowUnited States Core Inflation RateUS core consumer price inflation rate, which excludes volatile items such as food and energy, decreased to 1.2 percent year-on-year in May 2020 from 1.4 percent in the previous month and below market expectations of 1.3 percent. It was the lowest rate since March 2011 amid efforts to contain the rapid spread of the coronavirus pandemic.2020-06-10T12:32:52.287"
US Futures Lack Direction ahead of Fed,Stock Market,"US Futures Lack Direction ahead of FedUnited States Stock MarketStock futures in the US reversed some earlier gains to trade mixed on Wednesday as investors take a cautious approach ahead of the Fed’s monetary policy decision later in the day. The central bank is expected to leave the target range for the federal funds rate steady at 0%-0.25% but investors await the bank’s new economic projections, the first ones since the coronavirus pandemic started. Traders will also keep an eye on any new stimulus measures the Fed may be considering. On Tuesday, the Dow Jones lost 200 points or 1.1% to 27,272, breaking a 7-day winning streak. The S&P 500 declined 25 points or 0.8% to 3207. In contrast, the Nasdaq gained 29 points or 0.3% to a new record of 9954.2020-06-10T09:43:00"
Dollar at 3-Month Low ahead of Fed,Currency,"Dollar at 3-Month Low ahead of FedUnited States CurrencyThe dollar index fell slightly to around 96.1 on Wednesday, the lowest on a closing basis since March 9th as investors await Fed’s monetary policy decision later in the day. The central bank is expected to keep the fed funds rate at the current 0%-0.25% target although some investors believe it could adopt a yield-curve control as bond yields have been rising amid better-than-expected unemployment figures. 2020-06-10T09:37:00"
API Data Show a Surprise Rise in US Crude Stocks,API Crude Oil Stock Change,"API Data Show a Surprise Rise in US Crude StocksUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States surged by 8.4 million barrels in the week ended June 5th of 2020, after a 0.5 million drop in the previous week and compared with market expectations of a 1.7 million draw, data from the American Petroleum Institute showed.2020-06-09T20:39:00"
US Wholesale Inventories Revised Lower,Wholesale Inventories,"US Wholesale Inventories Revised LowerUnited States Wholesale InventoriesUS wholesale inventories rose 0.3 percent from a month earlier in April 2020, less than a preliminary estimate of a 0.4 percent gain but rebounding from March’s revised figure of a 1.1 percent fall. Stocks of nondurable goods increased 1.1 percent (vs 1.3 percent in a preliminary estimate), while durable goods inventories dropped 0.3 percent (vs -0.2 percent in a preliminary estimate). Year-on-year, wholesale inventories went down 2.8 percent in April.2020-06-09T14:02:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 99052020-06-09T13:43:55.52
US Small Business Optimism Rebounds from 7-Year Low,NFIB Business Optimism Index,"US Small Business Optimism Rebounds from 7-Year LowUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index increased to 94.4 in May of 2020 recovering from a 7-year low of 90.9 in April and above consensus of 86. Still, the reading remains below 95, a level not seen since 2016 as the activity remained depressed due to COVID-19 restrictions. Sales expectations for the next six months increased 18 points to -24, rebounding from a record low of -42, the lowest level in the survey’s 46-year history. Expectations for better business conditions also went up by 5 points to -34 as owners are optimistic about future business conditions and expect the recession to be short-lived.2020-06-09T10:41:00"
US Stock Futures Drop,Stock Market,"US Stock Futures DropUnited States Stock MarketMajor US stock index futures edged lower and pointed to modest losses at the open on Tuesday, as investors digested a strong rally in the previous session, which pushed the S&P 500 into the green for the year and led the Nasdaq to a record high close. On top of hopes for an economic recovery, the Federal Reserve moved to expand the scope of its Main Street Lending Program by lowering the minimum loan size to $250,000 and extending the loan terms to five years. On Monday, the Dow Jones surged 462 points or 1.7% to 27,572. The S&P 500 climbed 39 points or 1.2% to 3232. The Nasdaq jumped 111 points or 1.1% to 9925.2020-06-09T01:17:27.993"
Stocks in United States Hit 14-week High,Stock Market,Stocks in United States Hit 14-week HighUnited States Stock MarketDow Jones increased to a 14-week high of 274392020-06-08T18:05:50.9
NASDAQ 100 Hits All-time High,Stock Market,"NASDAQ 100 Hits All-time HighUnited States Stock MarketUS stocks continued to climb on Monday, with the Nasdaq 100 reaching a fresh record high and the Dow Jones rising more than 300 points to a fourteen-week high as investors bet on a swift economic recovery from coronavirus-driven lockdown. For now, fears of a second wave of the coronavirus and escalating US-China tensions have taken a back seat.2020-06-08T17:34:00"
Dow Jones Rally Continues on Monday,Stock Market,"Dow Jones Rally Continues on MondayUnited States Stock MarketThe Dow Jones rose more than 200 points at the open on Monday as investors remain optimistic about the US economic recovery and await the Fed monetary policy decision on Wednesday, with policymakers likely to keep the fed funds rate steady and re-commit to using the full range of tools. Meanwhile, the S&P 500 was up more than 10 points and the Nasdaq traded slightly lower. Airlines, retailers and cruise lines were among the best performers while Netflix, eBay, EA, Microsoft and Intel were among the worst. 2020-06-08T13:34:00"
Dollar Falls Slightly,Currency,"Dollar Falls Slightly United States CurrencyThe DXY traded slightly lower around 96.8 on Monday, close to levels not seen since mid-March and on track to book its longest losing streak since 2011 as risk appetite continued to improve. Investors welcome global reopening efforts and prospects of a fast economic recovery in the US after a better-than-expected payrolls report on Friday. Also, commodity-related currencies appreciated after OPEC+ agreed to extend the current record output cut until the end of July. 2020-06-08T08:19:00"
"Dollar Rises After Upbeat US Jobs Report, Posts 3rd Weekly Loss",Currency,"Dollar Rises After Upbeat US Jobs Report, Posts 3rd Weekly LossUnited States CurrencyThe dollar index rose to 97.0 against a basket of currencies on Friday after the US jobs report showed non-farm payrolls rose unexpectedly in May after a record drop in April, while the unemployment rate declined to 13.3% from the previous month's all-time high. For the week, the dollar index lost 1.4 percent, the third consecutive weekly decline. 2020-06-05T20:36:00"
US Consumer Credit Dips More than Expected,Consumer Credit,"US Consumer Credit Dips More than ExpectedUnited States Consumer CreditConsumer credit in the United States went down by USD 68.7 billion in April after declining a downwardly revised USD 12 billion in March and more than market expectations of a USD 20 billion decrease. It was the second drop since August 2011, as revolving credit including credit card borrowing decreased by USD 58.3 billion after declining a downwardly revised USD 21.5 billion in the previous month. In addition, non-revolving credit including loans for education and automobiles dropped by USD 10.5 billion after a downwardly revised USD 16.1 billion in the prior month. Year-on-year, credit contracted a sharp 19.6 percent after falling 3.3 percent in March. 
2020-06-05T19:10:00"
Dow Jones traded above 27100,stock market,Dow Jones traded above 27100 United States stock marketDow Jones Industrial Average increased above 27100 points to 271032020-06-05T19:08:00.643
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 97422020-06-05T13:36:42.98
US Treasury Yields Rise to 6-Week High,Government Bond 10Y,"US Treasury Yields Rise to 6-Week High United States Government Bond 10YThe US benchmark 10-year yield was 12bps higher at 0.942% on Friday, its highest level since March 20th, boosted by stronger-than-expected jobs data. Non-farm payrolls increased by 2509 thousand in May, compared to market expectations of an 8000 thousand drop; and the unemployment rate fell unexpectedly to 13.3%. At the same time, the 30-year yield, advanced 13bps to 1.579%.2020-06-05T12:41:00"
Dollar Gains After Upbeat US Jobs Report,Currency,"Dollar Gains After Upbeat US Jobs ReportUnited States CurrencyThe dollar index rose to 97.0 against a basket of currencies on Friday after the US jobs report showed non-farm payrolls rose unexpectedly in May following a record fall in April, while the unemployment rate dropped to 13.3 percent from the previous month's all-time high.2020-06-05T12:40:00"
US Average Hourly Earnings Fall in May,Average Hourly Earnings,"US Average Hourly Earnings Fall in MayUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls fell by 29 cents to $29.75, following a gain of $1.35 in April. Average hourly earnings of  private-sector production and nonsupervisory employees decreased by 14 cents to $25.00 in May. The decreases in average hourly earnings largely reflect job gains among lower-paid workers; this change put downward pressure on the average hourly earnings estimates.2020-06-05T12:34:27.49"
Stock Futures Rise Ahead of Nonfarm Payrolls Report,Stock Market,"Stock Futures Rise Ahead of Nonfarm Payrolls ReportUnited States Stock MarketMajor US stock index futures edged higher and pointed to modest gains at the open on Friday ahead of US nonfarm payrolls data for May expected to be released later in the day stateside. Wall Street is on track for another weekly gain amid revived global risk appetite as investors shrugged off geopolitical risks and widespread protests across the country and pinned their hopes on a fast rebound for economies jolted by the coronavirus pandemic. On Thursday, the S&P shed 11 points or 0.3% to 3112. The Nasdaq declined 67 points or 0.7% to 9616. In contrast, the Dow gained 12 points or 0.1% to 26,282.2020-06-05T01:16:00"
S&P 500 to Halt 4-Day Winning Streak,Stock Market,"S&P 500 to Halt 4-Day Winning Streak United States Stock MarketUS stocks were lower in the final minutes of trading on Thursday, with the S&P 500 looking to snap a four-day winning streak as disappointing economic data reversed the optimistic tone of recent trading sessions. Initial jobless claims came in at 1.877 million in the latest week, above forecasts of 1.8 million and continuing claims rose to 21.48 million, higher than expectations and after falling for the first time since the pandemic the week before. On top of that, investors digest the news of further stimulus in the eurozone to counter the economic blow from the coronavirus outbreak. 2020-06-04T19:37:00"
US Stocks Rally Fades,Stock Market,"US Stocks Rally FadesUnited States Stock MarketWall Street swung between gains and losses on Thursday as investors digest latest claims figures and prospects of a global economic recovery. The Nasdaq 100 briefly set a new intraday high of 9754 after EBay raised its sales and profit forecast for the current quarter. Initial jobless claims came in at 1.877 million in the latest week, above forecasts of 1.8 million and continuing claims rose to 21.48 million, higher than expectations and after falling for the first time since the pandemic the week before. On a positive note, new charges against former police officers that killed George Floyd were added, calming down the protests a bit and the LA Mayor announced he will redirect $250 million from departments including the police, to health and education in the black community and other communities of colors.2020-06-04T15:14:00"
Dollar Trades Lower,Currency,"Dollar Trades LowerUnited States CurrencyThe dollar index reversed earlier gains to trade below 96.8 on Thursday as investors looked for riskier assets after the ECB increased its bond-buying programme by a higher-than-expected €600 billion, raising hopes for an economic recovery in Europe as countries are slowly emerging from lockdowns. 2020-06-04T14:50:00"
US Imports Plunge 13.7%,Imports,"US Imports Plunge 13.7%United States ImportsImports to the US sank 13.7% to $200.7 billion in April of 2020, the lowest reading since July of 2010 due to the coronavirus lockdown and other restrictions imposed. Decreases were mainly seen in purchases of automotive vehicles, parts, and engines ($-14.6 billion) namely passenger cars ($-6.9 billion), automotive parts and accessories ($-4.1 billion), trucks, buses, and special purpose vehicles ($-2.3 billion); capital goods decreased $5.8 billion, namely semiconductors ($-1.4 billion), electric apparatus ($-0.8 billion), civilian aircraft ($-0.7 billion), civilian aircraft engines ($-0.7 billion); consumer goods ($-3.1 billion), namely pharmaceutical preparations ($-1.2 billion), cotton apparel and household goods ($-1.1 billion). Imports of services declined $5.4 billion to $33.3 billion due to travel ($-2.9 billion) and transport ($-2.0 billion). Imports from China increased $11.0 billion to $35.2 billion while those from Mexico fell $12.6 billion to $15.8 billion.2020-06-04T12:49:00"
US Exports Lowest in 10 Years,Exports,"US Exports Lowest in 10 YearsUnited States ExportsExports from the US plunged 20.5% to $151.3 billion in April of 2020, the lowest since April of 2010 after the coronavirus pandemic led to business closures and restricted the movement of travelers across borders. Sales fell for capital goods ($-10.1 billion), namely civilian aircraft engines ($-2.2 billion), civilian aircraft ($-2.1 billion) and other industrial machinery ($-1.0 billion); industrial supplies and materials ($-9.1 billion), namely crude oil ($-2 billion), fuel oil ($-1.7 billion) and other petroleum products ($-1.1 billion); automotive vehicles, parts, and engines ($-7.4 billion), namely automotive parts and accessories ($-2.6 billion), passenger cars ($-2.4 billion) and trucks, buses, and special purpose vehicles ($-1.2 billion). Exports of services went down $6.7 billion to $55.8 billion, due to travel ($-3.4 billion) and transport ($-2.3 billion). Sales to China increased $2.1 billion to $9.3 billion while those to Mexico went down $7.0 billion to $12.4 billion.2020-06-04T12:43:00"
US Q1 Labor Costs Revised Higher,Labour Costs,"US Q1 Labor Costs Revised HigherUnited States Labour CostsUnit labor costs in the US nonfarm business sector increased an annualized 5.1 percent in the first quarter of 2020, higher than a preliminary estimate of 4.8 percent and after an upwardly revised 2.2 percent rise in the prior period. It is the biggest increase in labor costs since a 5.7 percent rise in the first quarter of 2019. Hourly compensation went up 4.2 (from an initial 2.2 percent), while productivity decreased 0.9 percent (from an initial -2.5 percent). Unit labor costs increased 1.9 percent over the last four quarters.2020-06-04T12:37:00"
Dollar Strengthens for 1st Time in 7 Sessions,Currency,"Dollar Strengthens for 1st Time in 7 SessionsUnited States CurrencyThe dollar index appreciated to trade above 97.5 on Thursday, the first gain in 7 straight session as investors’ risk appetite fell as general optimism about a fast economic recovery paused. Also, commodity-related currencies retreated amid uncertainty regarding OPEC crude production cuts beyond June. 2020-06-04T10:08:00"
NASDAQ 100 Hits All-time High,Stock Market,NASDAQ 100 Hits All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 97372020-06-03T19:50:00.1
Dow Jumps Over 500 Points,Stock Market,"Dow Jumps Over 500 PointsUnited States Stock MarketWall Street ended Wednesday's session deeply in the green, with the Dow Jones climbing more than 500 points and the S&P 500 logging a four-day win streak as lockdowns loosen around the world, boosting hopes for an economic recovery. Supporting sentiment further were positive economic data, with US private payrolls dropping less than expected in May, suggesting layoffs were decreasing as businesses reopen. 2020-06-03T18:50:00"
US Crude Oil Inventories Drop Unexpectedly,Crude Oil Stocks Change,"US Crude Oil Inventories Drop UnexpectedlyUnited States Crude Oil Stocks ChangeUS crude oil stocks fell by 2.077 million barrels in the week ended May 29th, 2020, after a 7.928 million increase in the previous period and compared with market expectations of a 3.038 million advance, according to the EIA Petroleum Status Report. Meantime, gasoline inventories went up by 2.796 million, above market forecasts of a 1.0 million increase.2020-06-03T14:34:00"
US 10-Year Treasury Yields at 7-Week High,Government Bond 10Y,"US 10-Year Treasury Yields at 7-Week Highunited states Government Bond 10YThe yield on the US 10-year Treasury note rose for a third day to 0.75% on Wednesday, its highest level since April 15th, after ADP reported private sector jobs declined less than expected in May; an ISM survey showed services sector contracted at a softer pace than forecasted and final results from Markit PMI survey also indicated that services activity shrank less than previously predicted. Sentiment has been lifted by prospects of an economic recovery amid the reopening of economies.   2020-06-03T14:15:00"
US Composite PMI 2nd Lowest on Record,Composite Pmi,"US Composite PMI 2nd Lowest on RecordUnited States Composite PmiThe IHS/Markit US Composite PMI was revised higher to 37 in May of 2020 from a preliminary of 36.4 and above a record low of 27 in April. However, the reading still pointed to the second biggest contraction ever in private sector activity, due to the coronavirus pandemic. Both manufacturing (39.8) and services (37.5) went down as the impact of the coronavirus continued to dampen client demand. At the same time, new order inflows declined at a slower rate than in April, despite domestic and foreign demand remaining subdued. Consequently, companies cut jobs at a considerable pace, and one that was only slightly slower than April's recent record. The reduction in employment partially stemmed from pessimism among firms towards the outlook for activity over the next year, as extreme levels of business uncertainty weighed on confidence.2020-06-03T13:58:48.673"
US Services PMI Revised Higher in May: Markit,Services PMI,"US Services PMI Revised Higher in May: MarkitUnited States Services PMIThe IHS/Markit US Services PMI was revised higher to 37.5 in May of 2020 from a preliminary of 36.9 and above a record low of 26.7 in April. However, the reading still pointed to a big contraction in services sector as the impact of the coronavirus continued to dampen client demand. At the same time, new order inflows declined at a slower rate than in April, despite domestic and foreign demand remaining subdued. Consequently, companies cut jobs at a considerable pace, and one that was only slightly slower than April's recent record. The reduction in employment partially stemmed from pessimism among firms towards the outlook for activity over the next year, as extreme levels of business uncertainty weighed on confidence.
2020-06-03T13:49:00"
Dow Jones traded below 26000,stock market,Dow Jones traded below 26000 United States stock marketDow Jones Industrial Average decresed below 26000 points to 259982020-06-03T12:55:07.203
"US 30-year Treasury Yield at 2-1/2-Month High, 5Y/30Y Gap Widest Since 2017",30 Year Bond Yield,"US 30-year Treasury Yield at 2-1/2-Month High, 5Y/30Y Gap Widest Since 2017 United States 30 Year Bond YieldThe yield on the 30-year US government bond rose to 1.5% on Tuesday, its highest level since mid-March, amid hopes of an economic recovery and less interventions from the Federal Reserve in the market for long-dated government debt. At the same time, the yield on the 5-year bond was little changed at 0.3%, resulting in a five-year/30-year 118bps gap, the widest on a closing basis since 2017. 2020-06-03T12:05:00"
US Mortgage Applications Fall in Latest Week,Mortgage Applications,"US Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States decreased 3.9 percent in the week ended May 29th, down from a 2.7 percent rise in the previous week, data from the Mortgage Bankers Association showed. Refinance applications declined 8.6 percent while applications to purchase a home climbed 5.3 percent. Meantime, the average fixed 30-year mortgage rate went down 5bps to a record low of 3.37 percent.2020-06-03T11:02:00"
Dollar Extends Decline,Currency,"Dollar Extends Decline United States CurrencyThe dollar index continued to depreciate and touched 97.34 on Wednesday, the lowest since March 13th amid increasing optimism about the global recovery as countries emerge from lockdown and governments and central banks around the world continue to pledge more fiscal and monetary stimulus. At the same time, investors cast some doubts on the speed of the US recovery as protests and violence erupted in the country when many states are trying to reopen. The dollar lost mainly against the Euro and commodity-related currencies as oil prices rally continued. 2020-06-03T07:16:00"
US Stock Futures Rise,Stock Market,"US Stock Futures Rise United States Stock MarketMajor US stock index futures edged higher during the Asian session as Wall Street reflected investors optimism over a successful reopening of the global economy from coronavirus-induced shutdowns. Traders will continue to follow developments about the civil unrest around the country as states try to reopen the economy from the coronavirus pandemic. On Tuesday, the Dow Jones added 268 points or 1.1% to 25,743. The S&P 500 climbed 25 points or 0.8% to 2081. The Nasdaq gained 56 points or 0.6% to 9608.2020-06-03T01:34:11.127"
API Data Show a Surprise Draw in US Crude Stocks,API Crude Oil Stock Change,"API Data Show a Surprise Draw in US Crude StocksUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States dropped by 0.5 million barrels in the week ended May 29th of 2020, after an 8.7 million gain in the previous week and compared with market expectations of a 3 million build, data from the American Petroleum Institute showed.2020-06-02T20:52:00"
US Stocks Jump on Reopening Bets,Stock Market,"US Stocks Jump on Reopening BetsUnited States Stock MarketWall Street closed deeply in the green on Tuesday despite ongoing civil unrest, as investors focused on the economy reopening and the S&P hit a 12-week high. On Monday night, President Trump warned he will deploy the military if states and cities failed to quell nationwide demonstrations. Meanwhile, New York City imposed a curfew until June 7 to curb protests, while other cities instituted similar measures. Meanwhile, coronavirus cases gradually slow down, yet daily cases remain above 15 thousand and deaths averaging nearly one thousand. The Dow Jones added 268 points or 1.1% to 25,743. The S&P 500 climbed 25 points or 0.8% to 2081. The Nasdaq gained 56 points or 0.6% to 9608.
.2020-06-02T20:05:00"
S&P 500 Hits 12-Week High,Stock Market,"S&P 500 Hits 12-Week HighUnited States Stock MarketUS stocks finished in the green on Tuesday, with the S&P 500 hitting a twelve-week high as investors remained focused on the reopening of the economy from the coronavirus pandemic, shrugging off another round of protests in major US cities and geopolitical tensions between Washington and Beijing over China’s control of Hong Kong. Meantime, WTI crude ended 4% higher on expectations that major producers will agree to extend output when they meet on Thursday. 2020-06-02T19:57:00"
Wall Street Shrugs Off US Protests,Stock Market,"Wall Street Shrugs Off US ProtestsUnited States Stock MarketUS stocks were slightly higher in the final hour of trading as investors appeared to remain focused on the reopening of the economy from the coronavirus pandemic, shrugging off another round of protests in major US cities and geopolitical tensions between Washington and Beijing over China’s control of Hong Kong. 
2020-06-02T19:15:00"
US Stocks Lack Direction,Stock Market,"US Stocks Lack DirectionUnited States Stock MarketWall Street swung between gains and losses on Tuesday as investors remain optimistic about the global economic recovery amid further stimulus from government and central banks but try to assess how current protests in the US will impact the economy as states try to reopen. President Trump threatened to use military force if states cannot control the situation. Protests across several US cities over police brutality and the death of George Floyd entered the 7th day on Monday and many cities including NY, Atlanta, Seattle, Los Angeles, Chicago, Philadelphia and Minneapolis have imposed curfews. 2020-06-02T13:33:00"
US Futures Lack Direction as Protests Continue,Stock Market,"US Futures Lack Direction as Protests ContinueUnited States Stock MarketStock futures in the US traded mixed on Tuesday as investors assess how current protests will impact the economy as states try to reopen while making it more difficult to control the spread of the coronavirus. President Trump threatened to use military force if states cannot control the situation. Protests across several US cities over police brutality and the death of George Floyd entered the 7th day on Monday and many cities including NY, Atlanta, Seattle, Los Angeles, Chicago, Philadelphia and Minneapolis have imposed curfews. On Monday, the Dow Jones gained 92 points or 0.4% to 25,475. The S&P 500 added 11 points or 0.4% to 3056. The Nasdaq climbed 62 points or 0.7% to 9552.2020-06-02T06:48:00"
US Stock Futures Drop,Stock Market,"US Stock Futures DropUnited States Stock MarketMajor US stock index futures edged lower and pointed to modest losses at the open on Tuesday after US President Donald Trump pledged to use force to end civil unrest around the country as states try to reopen the economy from the coronavirus pandemic. On Monday, gains were led by airlines, cruise lines and hotels, as states continue to lift social distancing measures. The Dow Jones gained 92 points or 0.4% to 25,475. The S&P 500 added 11 points or 0.4% to 3056. The Nasdaq climbed 62 points or 0.7% to 9552.2020-06-02T00:45:02.937"
US Construction Spending Falls Most in 1-1/2 Years,Construction Spending,"US Construction Spending Falls Most in 1-1/2 YearsUnited States Construction SpendingConstruction spending in the US fell by 2.9 percent from the previous month to a seasonally adjusted annual rate of USD 1.35 trillion in April 2020, after being unchanged in March and compared to market expectations of a 6.5 percent tumble. That was the largest decrease in construction spending since October 2018 as private outlays declined by 3.0 percent led by falls in residential (-4.5 percent), transportation (-5.9 percent) and commercial spending (-2.3 percent). Meanwhile, public outlays dropped by 2.5 percent due to lower investment in highways, streets (-5.2 percent) and educational (-2.3 percent).2020-06-01T14:06:00"
US Manufacturing PMI Unrevised in May: Markit,Manufacturing PMI,"US Manufacturing PMI Unrevised in May: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI came in at 39.8 in May of 2020, matching initial estimates and above a record low of 36.1 in April. Still, the reading pointed to the second-steepest deterioration in manufacturing operating conditions since April of 2009, largely driven by a further weakening of client demand and lower new order inflows from both domestic and foreign customers amid the coronavirus outbreak. Also, the fall in output was attributed to lower sales, temporary shutdowns and difficulties operating at full capacity amid new safety regulations; new business fell for the third month running due to the cancellation and postponement of orders; and firms cut their workforce numbers at the second-quickest rate in over 11 years; and output charges fell at a record pace. Finally, sentiment towards the outlook for output over the coming year was negative. 
2020-06-01T13:53:00"
Dollar Depreciates as Protests Continue,Currency,"Dollar Depreciates as Protests ContinueUnited States CurrencyThe dollar index extended losses for the 4th straight session to 97.8 on Monday, the lowest since March 16th amid increasing concerns about the economic recovery in the US. Protests over police brutality and the death of George Floyd entered a 6th day on Sunday and several cities including Atlanta, Seattle, Los Angeles, Chicago, Philadelphia and Minneapolis have imposed curfews. Meanwhile, the number of coronavirus cases in the US continues to rise and is approaching 1.8 million and the death toll surpassed 104K.  Also pressuring the greenback were mounting tensions between the US and China after Beijing halt imports of some US farm products.2020-06-01T09:37:00"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketStock futures in the US swung between gains and losses on Monday, as protests across several US cities over police brutality and the death of George Floyd threaten the reopening and the coronavirus containment while the number of coronavirus deaths in the country is approaching 105K. Also, President Trump on Friday hardened his rhetoric towards Beijing although nothing was mentioned about leaving the Phase One trade deal and some investors see the sanctions announced over China and Hong Kong as limited. Meanwhile, Bloomberg reported that Chinese officials told agriculture companies to pause imports of some American farm goods. On Friday, the Dow Jones lost 18 points or 0.1% to 25,383. In contrast, the S&P 500 gained 15 points or 0.5% to 3044, while the Nasdaq climbed 121 points or 1.3% to 9490.2020-06-01T07:10:00"
Dow Futures Drop Over 150 Points,Stock Market,"Dow Futures Drop Over 150 Points United States Stock MarketWall Street's main indexes looked set to start June trading in the red, as tensions continued to heighten between the United States and China. The latest flashpoint between them stems from Donald Trump’s decision to eliminate special treatment for Hong Kong punishing China for the recent events seen in the former British Colony. On top of tensions-related news, US President Trump announced the US will cut ties with the WHO, blaming the organization for low transparency dealing with the coronavirus pandemic. On Friday, The Dow Jones lost 18 points or 0.1% to 25,383. In contrast, the S&P 500 gained 15 points or 0.5% to 3044, while the Nasdaq climbed 121 points or 1.3% to 9490.2020-05-31T23:43:00"
Salesforce.com earnings at 0.70 USD,Earnings,Salesforce.com earnings at 0.70 USDUnited States EarningsSalesforce.com (CRM) released earnings per share at 0.70 USD.2020-05-29T14:38:28.353
Costco Wholesale earnings at 1.89 USD,Earnings,Costco Wholesale earnings at 1.89 USDUnited States EarningsCostco Wholesale (COST) released earnings per share at 1.89 USD.2020-05-29T14:38:13.453
Chicago PMI Lowest since 1982,Chicago Pmi,"Chicago PMI Lowest since 1982United States Chicago PmiThe MNI Chicago Business Barometer in the US declined to 32.3 in May of 2020 from 35.4 in April and below forecasts of 40. It is the lowest reading since March of 1982 as business confidence cooled further amid the Covid-19 crisis. New orders dropped by 2.3 points to the lowest since July of 1980. Production ticked down 6.3% in May after falling sharply in the previous month, remaining at a 40-year low as firms reported pandemic-induced temporary shutdowns. Also, order backlogs were the lowest since March of 2009 while employment rebounded after April’s drop. On the price front, companies noted higher prices for essential goods and transportation.2020-05-29T14:14:00"
US PCE Prices Fall for 2nd Month,PCE Price Index Monthly Change,"US PCE Prices Fall for 2nd MonthUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States decreased 0.5 percent month-over-month in April of 2020, following a downwardly revised 0.2 percent fall in March. Cost of goods went down 0.8 percent and services prices dropped 0.3 percent. Year-on-year, the PCE price index rose 0.5 percent, easing from a 1.3 percent gain in March. Excluding food and energy, PCE prices fell 0.4 percent, following a flat reading in the previous month and slightly higher than market expectations of a 0.3 percent decline. Year-on-year, core PCE inflation fell to 1 percent from 1.7 percent.
2020-05-29T12:51:00"
US Personal Income Surges at Record 10.5%,Personal Income,"US Personal Income Surges at Record 10.5%United States Personal IncomePersonal income in the US jumped 10.5 percent month-over-month in April of 2020, following an upwardly revised 2.2 percent fall in March and beating forecasts of a 6.5 percent decline. It is the biggest rise on record reflecting an increase in government social benefits as payments were made to individuals from federal economic recovery programs in response to the COVID-19 pandemic. Personal outlays decreased $1.91 trillion and personal saving was $6.15 trillion.2020-05-29T12:41:00"
US Goods Trade Deficit Widens as Exports Slump,Goods Trade Balance,"US Goods Trade Deficit Widens as Exports SlumpUnited States Goods Trade BalanceThe goods deficit in the US widened to USD 69.68 billion in April of 2020 from USD 64.99 billion in the previous month. Exports plunged 25.2 percent to USD 95.37 billion, mainly due to a 65.9 percent drop in sales of automotive vehicles and a 29.4 percent decline in consumer goods, an advance estimate showed. Imports fell at a slower 14.3 percent to USD 165.05 billion, mainly due to purchases of automotive vehicles (-52.2 percent).2020-05-29T12:39:00"
US Wholesale Inventories Rebound in April,Wholesale Inventories,"US Wholesale Inventories Rebound in AprilUnited States Wholesale InventoriesUS wholesale inventories went up 0.4 percent from a month earlier in April of 2020, recovering from an upwardly revised 1 percent drop in March, a preliminary estimate showed. Stocks of nondurable goods rebounded 1.3 percent, after a 3.3 percent slump in the prior month, while durable goods inventories edged down 0.2 percent (vs 0.5 percent). Year-on-year, wholesale inventories were down 2.6 percent in April.2020-05-29T12:35:00"
US Futures Mixed ahead of Trump Speech on China,Stock Market,"US Futures Mixed ahead of Trump Speech on ChinaUnited States Stock MarketStock futures in the US traded mixed on Friday, pointing to a volatile session as investors await President Trump press conference on China later in the day. Although no details were given about the content of the announcement, traders worry it can raise trade tensions with Beijing and slow the global economic recovery. Markets also await Fed Chair speech later in the day for clues on the next steps for Federal Reserve policy. On Thursday, President Trump signed the order targeting social media companies that gives regulators the power to pursue legal actions against companies such as Facebook and Twitter for the way they police content on their sites. On Thursday, The Dow Jones lost 148 points or 0.6% to 25401. The S&P 500 declined 6 points or 0.2% to 3030. The Nasdaq dropped 43 points or 0.5% to 9369.2020-05-29T06:44:00"
US Stock Futures Drop Ahead of Trump's Conference,Stock Market,"US Stock Futures Drop Ahead of Trump's Conference United States Stock MarketMajor US stock index futures edged lower and pointed to modest losses at the open on Friday, as US President Trump announced a press conference to be delivered Friday regarding China. Investors became worried about the risk of renewed trade tensions between the world's largest economies after Beijing approved a proposal for new national-security legislation in Hong Kong. Still, Wall Street is on track for sharp weekly gains amid hopes for economic recovery and a potential coronavirus vaccine. On Thursday, The Dow Jones lost 148 points or 0.6% to 25401. The S&P 500 declined 6 points or 0.2% to 3030. The Nasdaq dropped 43 points or 0.5% to 9369. 2020-05-29T00:53:57.087"
VMware earnings at 1.52 USD,Earnings,VMware earnings at 1.52 USDUnited States EarningsVMware (VMW) released earnings per share at 1.52 USD.2020-05-28T20:50:08.49
Dollar Hits 8-week Low,currency,"Dollar Hits 8-week LowUnited States currencyThe dollar index extended losses to touch an 8-week low of 98.49 on Thursday after continuing claims fell for the first time since the coronavirus pandemic, raising hopes the US job market bottomed out. It more than offset an upwardly revised 5% GDP contraction for Q1 and mounting tensions between the US and China after China’s National People’s Congress officially approved the new national security law for Hong Kong.2020-05-28T15:59:00"
US Crude Oil Stocks Rise Unexpectedly,Crude Oil Stocks Change,"US Crude Oil Stocks Rise UnexpectedlyUnited States Crude Oil Stocks ChangeStocks of crude oil in the US rose by 7.928 million barrels in the week ended May 22nd 2020, after a 4.983 million decrease in the previous period and compared with market expectations of a 1.944 million drop, according to the EIA Petroleum Status Report. That was the sharpest increase in crude stocks since the week ended April 24th. Meantime, gasoline inventories unexpectedly fell by 0.724 million, following a 2.83 million rise in the prior period and below forecasts of a 0.1 million increase.2020-05-28T15:17:00"
Kansas Fed Manufacturing Activity Shrinks Less in May,Kansas Fed Manufacturing Index,"Kansas Fed Manufacturing Activity Shrinks Less in MayUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index increased 37 points from the previous month to -25 in May of 2020, as activity continued to decline but not as sharply compared to last month’s record low. The decrease in district manufacturing activity was driven by further drops at durable goods factories, especially primary metals, fabricated metals, and transportation plants. On the other hand, activity at non-durable goods plants remained more solid. All month-over-month indexes remained negative in May. Meanwhile, the composite index, which is an average of production, new orders, employment, supplier delivery time, and raw materials inventory indexes, was up 11 points from a record low to -19 in May.2020-05-28T15:10:00"
US Pending Home Sales Fall at Record Pace,Pending Home Sales,"US Pending Home Sales Fall at Record PaceUnited States Pending Home SalesContracts to buy previously owned homes in the US slumped 33.8 percent over a year earlier in April of 2020, following a 16.3 percent plunge in the previous month. It was the biggest annual decline ever in pending home sales due to the coronavirus crisis. Pending home sales were down in all regions: the Northeast (-52.6%), the Midwest (-26%), the South (-29.6%) and the West (-37.2%). On a monthly basis, pending home sales went down 21.8, also the largest drop on record, after a 20.8 percent plunge in March and worse than forecasts of a 15 percent fall. ""While coronavirus mitigation efforts have disrupted contract signings, the real estate industry is ‘hot’ in affordable price points with the wide prevalence of bidding wars for the limited inventory. In the coming months, buying activity will rise as states reopen and more consumers feel comfortable about homebuying in the midst of the social distancing measures”, Lawrence Yun, NAR’s chief economist said.2020-05-28T14:12:00"
US 10-Year Treasury Yields Edge Higher,Government Bond 10Y,"US 10-Year Treasury Yields Edge HigherUnited States Government Bond 10YThe 10-year US Treasury note yield rose to 0.69% on Friday, after a batch of economic data provided further details on how the largest economy in the world is being affected by the coronavirus epidemic. Jobless claim report showed that total unemployed since the coronavirus crisis began increased by over 40 million but the number of Americans continuing to file for jobless claims went down to 21.1 million from 24.9 million in the prior week, as employees go back to work; and second estimates of US GDP showed a larger than expected contraction in Q1. Meantime, US-China tensions escalated further after Beijing’s approval of national security bill for Hong Kong while the US House authorized on Wednesday sanctions against Chinese officials.2020-05-28T13:15:00"
Dollar Falls Slightly after US GDP Revision,Currency,"Dollar Falls Slightly after US GDP RevisionUnited States CurrencyThe dollar index extended losses to trade below 98.9 on Thursday after data showed the US economy shrank by an annualized 5%, more than a 4.8% drop in the advance estimate. A rise in tensions between the US and China also weighed on investors' mood after China’s National People’s Congress officially approved the new national security law for Hong Kong and US State Secretary Mike Pompeo told Congress that Hong Kong no longer qualifies for its special status under US law. 2020-05-28T12:54:45.033"
US Durable Goods Orders Fall Less than Forecast,Durable Goods Orders,"US Durable Goods Orders Fall Less than ForecastUnited States Durable Goods OrdersNew orders for US manufactured durable goods slid 17.2 percent month-over-month in April of 2020, following a downwardly revised 16.6 percent slump in March and better than market expectations of a 19 percent drop. Still, it is the biggest drop in durable goods orders since August of 2014. Demand for transportation equipment sank 47.3 percent. Excluding transportation, new orders decreased 7.4 percent and excluding defense new orders went down 16.2 percent. Core capital goods orders, which exclude aircraft and military hardware, fell 5.8 percent.2020-05-28T12:34:00"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketStock futures in the US traded mixed on Thursday, with Dow and S&P 500 futures higher while Nasdaq ones were slightly down, as investors digest optimist about the reopening of the US economy and rising US-China trade tensions. State Secretary Mike Pompeo told Congress that Hong Kong no longer qualifies for its special status under US law and China's National People’s Congress officially approved the new national security law for Hong Kong. Also, President Trump is expected to sign on Thursday an executive order on social-media companies that could remove the immunity that companies such as Twitter and Facebook have for the content on their sites. On Wednesday, the Dow Jones gained 553 points or 2.2% to 25,548 to close above 25,000 for the first time since March. Meanwhile, the S&P climbed 44 points or 1.5% to 3036 and the Nasdaq jumped 72 points or 0.8% to 9412.2020-05-28T09:27:00"
Dollar Holds at 99.1,Currency,"Dollar Holds at 99.1United States CurrencyThe dollar index traded nearly flat around 99.1 on Thursday amid a rise in tensions between the US and China after China’s National People’s Congress officially approved the new national security law for Hong Kong and US State Secretary Mike Pompeo told Congress that Hong Kong no longer qualifies for its special status under US law. Also, optimism about the reopening of the US economy pressured the dollar while falling oil prices weighed on commodity-related currencies. 2020-05-28T08:30:58.61"
API: US Crude Oil Inventories Unexpectedly Jump,API Crude Oil Stock Change,"API: US Crude Oil Inventories Unexpectedly JumpUnited States API Crude Oil Stock ChangeStocks of crude oil in the United States increased by 8.7 million barrels in the week ended May 22nd of 2020, after a 4.8 million draw in the previous week and compared with market expectations of a 1.9 million drop, data from the American Petroleum Institute showed.2020-05-27T20:56:00"
Autodesk earnings at 0.85 USD,Earnings,Autodesk earnings at 0.85 USDUnited States EarningsAutodesk (ADSK) released earnings per share at 0.85 USD.2020-05-27T20:49:03.363
Workday earnings at 0.44 USD,Earnings,Workday earnings at 0.44 USDUnited States EarningsWorkday (WDAY) released earnings per share at 0.44 USD.2020-05-27T20:38:10.627
US Stocks Extend Rally,Stock Market,"US Stocks Extend RallyUnited States Stock MarketWall Street closed deeply in the green on Wednesday to extend gain from the previous session on reopening hopes and advances in the development of a coronavirus vaccine. On the domestic side, all 50 US states have reopened their economies to some extent, with some of them beginning to allow professional sports teams to resume practice and competitions. On Wednesday, Dr. Anthony Fauci said the US could avoid a second wave of coronavirus later this year. The Dow Jones gained 553 points or 2.2% to 25,548 to close above 25,000 for the first time since March. Meanwhile, the S&P climbed 44 points or 1.5% to 3036 and the Nasdaq jumped 72 points or 0.8% to 9412.
2020-05-27T20:05:00"
Dow Jones is up by 2%,stock market,Dow Jones is up by 2%United States stock marketDow Jones Industrial Average increased 2% to 254952020-05-27T19:51:58.027
US Stocks Enter Negative Territory,Stock Market,"US Stocks Enter Negative TerritoryUnited States Stock MarketWall Street erased early gains on Wednesday, with tech shares suffering a sharp sell-off fueled by anxieties over escalating US-China tensions. Bloomberg reported that Washington is considering sanction action against China over Beijing's plans to impose a new security law on Hong Kong, while President Trump warned that the city could lose its status as a financial hub. Meanwhile, efforts to reopen the global economy and prospects of a coronavirus vaccine helped to support sentiment.2020-05-27T14:46:00"
Dow and S&P Extend Gains,Stock Market,"Dow and S&P Extend GainsUnited States Stock MarketThe Dow Jones continued to trade above 25000 and the S&P 500 above 3000 on Wednesday, levels not seen since early March and extending gains from the previous session, as investors welcome efforts to reopen the global economy and prospects of a coronavirus vaccine. The Nasdaq was slightly down as investors looked more for beaten-down stocks. However, mounting tensions between China and the US over the Hong Kong national security law capped gains. Bloomberg reported that the Trump administration is considering sanctions on Chinese officials and firms and President Trump warned Hong Kong could lose its status as a financial hub if the security law was imposed.2020-05-27T13:36:00"
US Mortgage Applications Rebound in Latest Week,Mortgage Applications,"US Mortgage Applications Rebound in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 2.7 percent in the week ended May 22nd 2020, rebounding from a 2.6 percent fall in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home increased 8.6 percent, the sixth consecutive weekly gain and a 54 percent rise since early April, while refinance applications declined 0.2 percent. Meantime, the average fixed 30-year mortgage rate went up 1bps to 3.42 percent.2020-05-27T11:20:00"
Dollar Strengthens as US-China Tensions Rise,Currency,"Dollar Strengthens as US-China Tensions RiseUnited States CurrencyThe dollar index traded higher above 99 on Wednesday as investors’ appetite for riskier currencies declined amid mounting tensions between the US and China over the Hong Kong national security law. Bloomberg reported that the Trump administration is considering sanctions on Chinese officials and firms and President Trump warned Hong Kong could lose its status as a financial hub if the security law was imposed. Meanwhile, protests and violence returned to Hong Kong.2020-05-27T08:02:00"
US Stocks Rally on Reopening Optimism,Stock Market,"US Stocks Rally on Reopening OptimismUnited States Stock MarketWall Street pared some early gains but closed in positive territory on Tuesday nudged by bank shares, as optimism grew about reopening the economy and a potential COVID-19 vaccine. On Monday, Novavax announced it started the first human study of its experimental coronavirus vaccine. On the macro side, the Conference Board consumer confidence index jumped to 86.6 in May from 85.7 in April, while new home sales in April topped consensus. Major indices cut some of the gains in the final hour of trading after a Bloomberg report said Washington is considering sanctions on Chinese corporates and officials over rising tensions in Hong Kong. The Dow Jones gained 530 points or 2.2% to 24,995. The S&P 500 jumped 36 points or 1.2% to 2992. The Nasdaq climbed 16 points or 0.2% to 9340.2020-05-26T20:04:00"
Texas Manufacturing Output Contraction Eases in May,Dallas Fed Manufacturing Index,"Texas Manufacturing Output Contraction Eases in MayUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to -49.2 in May 2020 from the previous month's record low of -74.0, as the state gradually reopened its economy amid the coronavirus crisis. The production index, a key measure of state manufacturing conditions, improved to -28.0 from -55.6, suggesting the contraction in output has eased somewhat since last month. Other measures of manufacturing activity pointed to a less-severe decline in May: new orders (-30.6 vs -68.7); growth rate of orders (-30.8 vs -62.7); capacity utilization (-26.0 vs -54.8); and shipments (-25.7 vs -56.8). Labor market measures indicated further employment declines and shorter workweeks this month. Looking ahead, the index of future general business activity remained negative but rose 24 points to -19.0, while most indexes for future manufacturing activity returned to positive territory, rebounding notably in May.2020-05-26T14:39:00"
Russell 2000 Hits 11-week High,Stock Market,Russell 2000 Hits 11-week HighUnited States Stock MarketRussell 2000 increased to a 11-week high of 14062020-05-26T13:59:38.147
US Stocks Surge,Stock Market,"US Stocks SurgeUnited States Stock MarketWall Street rallied on Tuesday, the first trading day of the week, amid optimism about a coronavirus vaccine and as a number of countries continue to lift lockdown restrictions caused by COVID-19. Novavax started testing its vaccine in humans and expects the first results in July. The S&P 500 traded above 3000 for the first time since March 5th and the Dow Jones above 25000 for the first time since March 10th. The Nasdaq hit its highest level in over three months. 2020-05-26T13:33:00"
NASDAQ 100 Hits 13-week High,Stock Market,NASDAQ 100 Hits 13-week HighUnited States Stock MarketNASDAQ 100 increased to a 13-week high of 95782020-05-26T13:30:00.423
US House Prices Edge Up 0.1%: FHFA,FHFA House Price Index MoM,"US House Prices Edge Up 0.1%: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States edged up 0.1 percent from a month earlier in March of 2020, following an upwardly revised 0.8 percent advance in February. Considering the first quarter of the year, house prices went up 1.7 percent. ""Because of the lag between contract signing and sale closing when our data are recorded, we judge the first quarter’s housing statistics were relatively unaffected by the COVID-19 outbreak.  However, we are unable to account for any modifications or cancellations of sales later in March"", said Dr. Lynn Fisher, Deputy Director of the Division of Research and Statistics at FHFA.2020-05-26T13:10:23.877"
Dollar Depreciates on Recovery Hopes,Currency,"Dollar Depreciates on Recovery HopesUnited States CurrencyThe dollar index retreated to trade around 99 on Tuesday, the weakest since the beginning of May  amid renewed optimism about the global economy as more countries including Japan eased coronavirus restrictive measures. News that Novavax started testing its vaccine in humans also lifted investors’ sentiment. However, tensions between the US and China continue to weigh on the mood, limiting further gains in riskier currencies.2020-05-26T07:26:00"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketWall Street's main indexes were set to begin a holiday-shortened week higher amid optimism that easing coronavirus restrictions would boost economic activity. Lifting investors sentiment further were hopes about a potential vaccine that could help fight the coronavirus pandemic. American biotech company Novavax said it started the first human study of its preliminary Covid-19 vaccine. On Friday, the Dow Jones lost 9 points or less than 0.1% to 24,465. In contrast, the S&P 500 climbed 7 points or 0.2% to 2,955. The Nasdaq added 40 points or 0.4% to 9,325.2020-05-26T01:40:33.823"
Stocks in United States Hit 10-week High,Stock Market,Stocks in United States Hit 10-week HighUnited States Stock MarketDow Jones increased to a 10-week high of 247652020-05-25T15:24:39.21
US Dollar Holds Near 100,Currency,"US Dollar Holds Near 100United States CurrencyThe dollar index erased earlier gains but hold around 99.8 on Monday, as mounting tensions between the US and China dulled risk appetite. The US said it will add 33 Chinese firms and institutions to an economic blacklist and the White House National Security Advisor Robert O’Brien warned about further sanctions if Beijing implements national security law in Hong Kong. The Chinese Foreign Minister Wang Yi said Americans should give up their “wishful thinking” of changing China and warned US actions are pushing the two countries to the brink of a new cold war.2020-05-25T13:29:00"
"US Futures Rise, Markets Closed for the Memorial Day",Stock Market,"US Futures Rise, Markets Closed for the Memorial DayUnited States Stock MarketStock futures in the US traded higher on Monday as investors continue to welcome reopening efforts around the world despite mounting tensions between the US and China. The White House National Security Advisor Robert O’Brien warned the US will likely impose sanctions on China if Beijing implements national security law on Hong Kong. The Chinese Foreign Minister Wang Yi said Americans should give up its “wishful thinking” of changing China and warned US actions are pushing the two countries to the brink of a new cold war. Markets will be closed on Monday for the Memorial Day holiday. On Friday, the Dow Jones lost 9 points or less than 0.1% to 24,465. In contrast, the S&P 500 climbed 7 points or 0.2% to 2,955. The Nasdaq added 40 points or 0.4% to 9,325. 2020-05-25T06:37:00"
Asian Markets Surge,Stock Market,"Asian Markets SurgeUnited States Stock MarketShares on the Asia-Pacific markets soared on Monday, as investors cheered more efforts from governments to combat the economic fallout from the coronavirus pandemic. Japan is considering a new stimulus package worth over $929 billion for companies hit by the virus. In Australia, the Queensland government will extend $150 vouchers to families. 2020-05-25T00:50:00"
Nvidia earnings at 1.80 USD,Earnings,Nvidia earnings at 1.80 USDUnited States EarningsNvidia (NVDA) released earnings per share at 1.80 USD.2020-05-22T12:15:40.577
Dollar Rises amid US-China Tensions,Currency,"Dollar Rises amid US-China TensionsUnited States CurrencyThe dollar index extended gains for a 2nd straight session to trade above 99.7 on Friday amid increasing tensions between the US and China and concerns about the global recovery. China said will impose a new national law on Hong Kong and President Trump said the US will reply very strongly against an attempt to gain more control over Hong Kong. Also, Beijing will not set a GDP growth target for this year amid uncertainty regarding the coronavirus, raising questions about the strength of the recovery in the country.  2020-05-22T08:14:00"
US Stock Futures Gain,Stock Market,"US Stock Futures GainUnited States Stock MarketUS stock futures gained in the Asian trading session on Friday, with major indices on track for a weekly advance as investors bet on a swift economic recovery from the coronavirus-driven slump. Capping some gains in Wall Street were fresh tensions between the US and China, grim employment data and a relatively glum outlook of the US economy from the Fed. On Thursday, the Dow Jones lost 102 points or 0.4% to 24,474. The S&P 500 shed 23 points or 0.8% to 2949. The Nasdaq retreated 91 points or 1% to 9285..2020-05-22T00:56:23.917"
Intuit earnings at 4.49 USD,Earnings,Intuit earnings at 4.49 USDUnited States EarningsIntuit (INTU) released earnings per share at 4.49 USD.2020-05-21T20:16:47.953
US Private Sector Activity Falls at Softer Pace,Composite Pmi,"US Private Sector Activity Falls at Softer PaceUnited States Composite PmiThe IHS Markit US Composite PMI increased to 36.4 in May 2020 from the previous month's record low of 27.0, still indicating the second-sharpest decline in business activity since the series began in late-2009 as the economy began to reopen. New business and employment fell at the second-fastest rates in the series history, with foreign client demand remaining especially muted. On the price front, both input costs and output charges declined further in May. Looking ahead, business sentiment picked up from April’s all-time low, but remained weak overall.2020-05-21T13:57:28.477"
US Service Sector Contracts at Softer Pace,Services PMI,"US Service Sector Contracts at Softer PaceUnited States Services PMIThe IHS Markit US Services PMI rose to 36.9 in May 2020 from an all-time low of 26.7 in the previous month, above market consensus of 30, a preliminary estimate showed. The latest reading still signaled one of the most severe contractions in service sector activity on record, driven by further weakness in domestic and foreign client demand. Total sales fell at the second-fastest rate in the series history and employment continued to decline. On the price front, both input costs and output charges were down in May.2020-05-21T13:48:00"
Factory Activity in Philadelphia Falls Again,Philadelphia Fed Manufacturing Index,"Factory Activity in Philadelphia Falls AgainUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US increased to -43.1 in May of 2020 from -56.6 in April which was the lowest reading since July 1980,  due to the coronavirus pandemic. Figures compare with market forecasts of -41.5 and point to the third straight month of falling factory activity in Philadelphia. Smaller declines were seen for new orders (-25.7 from -70.9), shipments (-30.3 from -74.1), employees (-15.3 from -46.7) and average workweek (-7.1 from -54.5). Also, inventories increased (11.7 from -10.2) and price pressures intensified for prices paid (3.2 from -9.3). The firms expect the current slump in manufacturing activity to last less than six months, as the broadest indicator of future activity strengthened further from last month’s reading; furthermore, the firms continue to expect overall growth in new orders, shipments, and employment over the next six months.
2020-05-21T12:48:00"
TJX Companies earnings at -0.74 USD,Earnings,TJX Companies earnings at -0.74 USDUnited States EarningsTJX Companies (TJX) released earnings per share at -0.74 USD.2020-05-21T12:37:15.237
US Dollar Strengthens amid US-China Tensions,Currency,"US Dollar Strengthens amid US-China TensionsUnited States CurrencyThe dollar index rose for the first time in 5 sessions to trade above 99.3 on Thursday as investors’ risk appetite declined amid increasing tensions between the US and China. On Wednesday, the US Senate passed a bill that can ban Chineses companies from listing in American exchanges. The bill is set to apply to all foreign companies although it is targeted to China. Also, President Trump accused China of being is on a massive disinformation campaign and that all comes from the top.2020-05-21T08:32:00"
US Futures Drop,Stock Market,"US Futures DropUnited States Stock MarketUS stock futures traded lower in the Asian session on Thursday, as investors digested the minutes of the Federal Reserve’s April policy meeting. The Fed’s minutes showed the coronavirus pandemic brought an extraordinary amount of uncertainty and considerable risk to the economy. Still, investors continued to look to a swift economic recovery from the coronavirus pandemic. On Wednesday, The Dow Jones jumped 369 points or 1.5% to 24,576. The S&P 500 gained 49 points or 1.7% to 2972, its highest close since early March. The Nasdaq climbed 191 points or 2.1% to 9376.2020-05-21T01:44:34.163"
Fed Minutes Paint Gloomy Outlook,Interest Rate,"Fed Minutes Paint Gloomy OutlookUnited States Interest RateThe coronavirus pandemic brought an extraordinary amount of uncertainty and considerable risk to the economy, FOMC minutes showed. Interest rates will be kept near zero until a recovery is firmly in place and the Federal Reserve is committed to using a full range of tools to support the US economy. Fed officials also noted that a second wave of the coronavirus outbreak with another round of strict restrictions could drag the US economy deeper into recession prompting a jump in unemployment and renewed downward pressure on inflation. 2020-05-20T18:27:00"
Dollar Barely Reacts to FOMC Minutes,Currency,"Dollar Barely Reacts to FOMC Minutes United States CurrencyThe dollar index remained around 99.1 against a basket of currencies on Wednesday, after FOMC minutes showed Fed officials consider the funds rate will stay at current 0%-0.25% level until the recovery firms. Still, the central bank is committed to use its full range of tools to support the US economy as the coronavirus pandemic poses a severe threat. This was in line with comments made by Fed Chief Powell during its testimony before US Senate on Tuesday.2020-05-20T18:23:00"
US Stocks Surge,Stock Market,"US Stocks SurgeUnited States Stock MarketWall Street jumped on Wednesday with the Nasdaq hitting a three-month high amid encouraging signs of economic activity during the pandemic after Lowe's sales and earnings beat forecasts and Target online sales soared 141% in Q1. Still, investors' enthusiasm about quick development of COVID-19 vaccine faded after STAT reported that several experts concluded that there’s really no way to know how effective the Moderna vaccine is since not much data was made available by the company. Following Fed Chair testimony in front of Congress Tuesday, investors also await the FOMC meeting minutes later in the day for further clues on any new stimulus measures and whether the central bank is considering bringing the funds rate below 0%.2020-05-20T13:34:00"
Analog Devices earnings at 1.08 USD,Earnings,Analog Devices earnings at 1.08 USDUnited States EarningsAnalog Devices (ADI) released earnings per share at 1.08 USD.2020-05-20T12:04:29.413
Target earnings at 0.59 USD,Earnings,Target earnings at 0.59 USDUnited States EarningsTarget (TGT) released earnings per share at 0.59 USD.2020-05-20T11:43:27.377
US Futures Rise after Lowe's and Target Results,Stock Market,"US Futures Rise after Lowe's and Target ResultsUnited States Stock MarketStock futures in the US extended gains on Wednesday amid encouraging signs of economic activity during the pandemic after Lowe's sales and earnings beat forecasts and Target online sales soared 141% in Q1. Still, investors' enthusiasm about quick development of COVID-19 vaccine faded after STAT reported that several experts concluded that there’s really no way to know how effective the Moderna vaccine is since not much data was made available by the company. Following Fed Chair testimony in front of Congress Tuesday, investors also await the FOMC meeting minutes later in the day for further clues on any new stimulus measures and whether the central bank is considering bringing the funds rate below 0. On Tuesday, the Dow Jones retreated 391 points or 1.6% to 24,207. The S&P 500 shed 31 points or 1.1% to 2923. The Nasdaq lost 50 points or 0.5% to 9185.2020-05-20T11:33:00"
US Mortgage Applications Fall in Latest Week,Mortgage Applications,"US Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States declined 2.6 percent in the week ended May 15th 2020, after rising 0.3 percent in the previous week, data from the Mortgage Bankers Association showed. Refinance applications dropped 6.3 percent while applications to purchase a home went up 6.4 percent. Meantime, the average fixed 30-year mortgage rate fell 2bps to 3.41 percent.2020-05-20T11:04:00"
Dollar Hits 3-Week Low Ahead of FOMC Minutes,Currency,"Dollar Hits 3-Week Low Ahead of FOMC MinutesUnited States CurrencyThe dollar index touched 99.1 against a basket of currencies on Wednesday, its lowest level since May 8th, ahead of the publication of the FOMC minutes later in the day, after Fed Chief Jerome Powell reiterated during its testimony before US Senate that the central bank is ready to launch additional stimulus measures to support the economy if needed, while calling for more fiscal action.2020-05-20T08:12:00"
Dollar Hits 2-Week Low,Currency,Dollar Hits 2-Week LowUnited States CurrencyThe dollar index depreciated for the fourth straight session to trade as low as 99.23 on Tuesday amid as the Fed Chair Jerome Powell and US Treasury Secretary Steve Mnuchin failed to calm markets during their testimonies. Grim US data and renewed tensions between the Trump administration and China have been weighing on sentiment. 2020-05-19T23:36:00
Powell Defends Trillion-Dollar Stimulus Efforts,Interest Rate,"Powell Defends Trillion-Dollar Stimulus Efforts United States Interest RateFederal Reserve Chairman Jerome Powell, who testified along with Treasury Secretary Steven Mnuchin at a virtual hearing of the Senate Banking Committee, defended the government’s trillion-dollar stimulus efforts in response to the coronavirus pandemic and added that more fiscal aid may be needed. Powell also said the central bank is committed to using a full range of tools to support the US economy endure the coronavirus-driven slump. The Fed left the target range for its federal funds' rate unchanged at 0-0.25 per cent on April 29th. 2020-05-19T21:53:58.717"
US Building Permits Plunge to 5-Year Low,Building Permits,"US Building Permits Plunge to 5-Year LowUnited States Building PermitsBuilding permits in the United States fell 20.8 percent from a month earlier to a seasonally adjusted annual rate of 1.074 million in April 2020, the lowest level since January 2015 and compared with market expectations of 1 million. Single-family authorizations were down 24.3 percent to a five-year low of 669 thousand, while permits for the volatile multi-segment dropped 14.2 percent to a rate of 405 thousand, the lowest since March 2016. Across regions, permits were down in the South (-14.7 percent to 617 thousand), West (-28 percent to 250 thousand), Midwest (-16.1 percent to 146 thousand) and Northeast (-45.5 percent to 61 thousand).2020-05-19T12:33:00"
Walmart earnings at 1.18 USD,Earnings,Walmart earnings at 1.18 USDUnited States EarningsWalmart (WMT) released earnings per share at 1.18 USD.2020-05-19T11:03:37.34
Home Depot earnings at 2.08 USD,Earnings,Home Depot earnings at 2.08 USDUnited States EarningsHome Depot (HD) released earnings per share at 2.08 USD.2020-05-19T10:06:21.973
Dollar Extends Losses,Currency,Dollar Extends LossesUnited States CurrencyThe dollar index depreciated for the 3rd straight session to trade below 99.5 on Tuesday amid a general optimism the global economy will reopen soon while a rise in oil prices pushed commodity-related currencies up. 2020-05-19T08:13:00
Fed Prepared to Use Full Range of Tools,Interest Rate,"Fed Prepared to Use Full Range of Tools United States Interest RateThe Federal Reserve is committed to using a full range of tools to support the economy in this challenging time, Fed Chair Powell said in prepared remarks of his testimony before the Senate Committee on Banking, Housing, and Urban Affairs. Powell added that the Fed has been entrusted with an important mission, and has taken unprecedented steps in very rapid fashion over the past few months. The tools used so far are for times of emergency and when economic and financial conditions improve, the central bank will put these tools back in the toolbox. Fed Chair also added that interest rates at expected to be left at 0% until the economy has weathered recent events and is on track to achieve maximum-employment and price-stability goals.2020-05-19T07:50:00"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketStock futures in the US traded mixed on Tuesday, after surging in the previous session amid hopes of a potential coronavirus vaccine after Moderna’s phase 1 Covid-19 trial produced positive antibody responses in all 45 human volunteers tested. Investors also await Fed Chair Powell and Treasury Secretary Mnuchin virtual testimony before the Senate Committee on Banking, Housing, and Urban Affairs later in the day, which should give some overview about the economic response to the coronavirus pandemic. On Monday, the Dow Jones jumped 912 points or 3.9% to 24,597, booking its best day since early April. The S&P 500 surged 90 points or 3.2% to 2954. The Nasdaq climbed 220 points or 2.4% to 9235.2020-05-19T07:24:00"
US Stock Futures Lack Direction,Stock Market,"US Stock Futures Lack Direction United States Stock MarketUS stock market futures struggled for direction Tuesday after Wall Street posted its best day in six weeks on rising optimism about a coronavirus vaccine. Investors have become optimistic about a potential vaccine that could help fight the coronavirus pandemic while comments by Federal Reserve Chair Jerome Powell over the weekend forecasting a gradual economic recovery lifted sentiment further. On Monday, The Dow Jones jumped 912 points or 3.9% to 24,597, booking its best day since early April. The S&P 500 surged 90 points or 3.2% to 2954. The Nasdaq climbed 220 points or 2.4% to 9235.2020-05-19T01:17:59.377"
US Stocks Rally on Vaccine Hopes,Stock Market,"US Stocks Rally on Vaccine HopesUnited States Stock MarketWall Street soared on Monday as news from a Moderna trial nudged optimism about a potential COVID-19 vaccine. Moderna shares surged 25% after the company reported “positive” Phase One results, saying that after two doses all 45 trial participants developed coronavirus antibodies. Sentiment was also boosted by comments over the weekend from Fed Chairman Jerome Powell, declaring he’s highly confident the US economy will return and that policy has further space to aid the recovery. Meanwhile, WTI oil prices hit a two-month high and Brent topped $34 a barrel on signs that demand is recovering. The Dow Jones jumped 912 points or 3.9% to 24,597, booking its best day since early April. The S&P 500 surged 90 points or 3.2% to 2954. The Nasdaq climbed 220 points or 2.4% to 9235.
2020-05-18T20:05:00"
Dow Jones is up by 3.41%,stock market,Dow Jones is up by 3.41%United States stock marketDow Jones Industrial Average increased 3.41% to 244942020-05-18T16:11:50.567
S&P 500 Hit 10-week High,Stock Market,S&P 500 Hit 10-week HighUnited States Stock MarketS&P 500 increased to a 10-week high of 29552020-05-18T15:18:00
US Stocks Rise amid Hopes of a Coronavirus Vaccine,Stock Market,"US Stocks Rise amid Hopes of a Coronavirus VaccineUnited States Stock MarketWall Street traded sharply higher on Monday after Moderna’s phase 1 Covid-19 vaccine trial produced positive antibody responses in all 45 human volunteers tested. Investors were also optimistic that easing coronavirus restrictions would soon boost the economic activity. California Governor said about 75% of state businesses are open and more parts of New York State are now eligible to lift some restrictions. Investors also digest latest Fed Chair comments: Powell said CBS that the US economy could shrink by 30% in Q2 although assuming there is not a second wave of the coronavirus, it will recover steadily through the second half of 2020. 2020-05-18T13:31:00"
Dollar Depreciates after Moderna's Coronavirus Vaccine Results,Currency,"Dollar Depreciates after Moderna's Coronavirus Vaccine ResultsUnited States CurrencyThe dollar index fell to below 99.7 on Monday, the lowest on a closing basis since May 4th amid a rise in investors’ optimism after news that Moderna's phase 1 Covid-19 vaccine trial produced positive antibody responses in all 45 human volunteers tested. Investors continue to welcome global reopening efforts despite concerns that the economic damage caused by the coronavirus may be bigger than anticipated. Meanwhile, a rise in oil prices helped to boost commodity-driven currencies 2020-05-18T13:04:00"
US Futures Surge amid Hopes of a Coronavirus Vaccine,Stock Market,"US Futures Surge amid Hopes of a Coronavirus VaccineUnited States Stock MarketStock futures in the US extended gains on Monday after Moderna’s phase 1 Covid-19 vaccine trial produced positive antibody responses in all 45 human volunteers tested. Earlier, futures were already up amid optimism that easing coronavirus restrictions would soon boost the economic activity. California Governor said about 75% of state businesses are open and more parts of New York State are now eligible to lift some restrictions. Investors also digest latest Fed Chair comments: Powell said CBS that the US economy could shrink by 30% in Q2 although assuming there is not a second wave of the coronavirus, it will recover steadily through the second half of 2020. On Friday, the Dow Jones gained 60 points or 0.3% to 23,685. The S&P 500 added 11 points or 0.4% to 2,864. The Nasdaq climbed 71 points or 0.8% to 9,015.2020-05-18T13:00:00"
US Dollar Nearly Flat,Currency,"US Dollar Nearly Flat United States CurrencyThe dollar index traded nearly flat at 100.3 on Monday as investors welcome global reopening efforts despite concerns that the economic damage caused by the coronavirus may be bigger than anticipated. A rise in oil prices helped to boost commodity-driven currencies although rising US-China trade tensions weighed on investors’ mood after Washington announced that all non-US manufacturers using American chipmaking equipment, intellectual property or design software will have to apply for a license before shipping chips to Huawei. 2020-05-18T08:22:00"
US Futures Start the Week in the Green,Stock Market,"US Futures Start the Week in the GreenUnited States Stock MarketStock futures in the US traded higher on Monday amid optimism that easing coronavirus restrictions would soon boost the economic activity. California Governor said about 75% of state businesses are open and more parts of New York State are now eligible to lift some restrictions. Investors also digest latest Fed Chair comments: Powell said CBS that the US economy could shrink by 30% in Q2 although assuming there is not a second wave of the coronavirus, it will recover steadily through the second half of 2020. Traders continue to follow US-China trade tensions after Washington announced that all non-US manufacturers using American chipmaking equipment, intellectual property or design software will have to apply for a license before shipping chips to Huawei. On Friday, the Dow Jones gained 60 points or 0.3% to 23,685. The S&P 500 added 11 points or 0.4% to 2,864. The Nasdaq climbed 71 points or 0.8% to 9,015.2020-05-18T07:16:00"
Dollar Ends Week Higher,Currency,"Dollar Ends Week HigherUnited States CurrencyThe dollar index fell for the first time in 3 sessions to 100.37 on Friday after investors turned to riskier assets on encouraging signs of recovery from China. Official data showed industrial production increased for the first time this year and oil demand picked up. For the week, the dollar gained 0.6% amid concerns about the second wave of coronavirus infections and mounting tensions between the US and China.2020-05-15T21:20:00"
US 10-Year Treasury Yields End Week Lower,Government Bond 10Y,"US 10-Year Treasury Yields End Week LowerUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose to 0.64% on Friday but ended the week 3.9bps lower, as investors' risk appetite continued to decline amid renewed trade tensions between the US and China and poor economic data. The Federal Reserve Chairman Jerome Powell said that additional fiscal and monetary policy measures may be needed to support the US economy amid a prolonged weak economic growth, but ruled out any interest rate cut.2020-05-15T20:51:00"
US Overseas Capital Purchases Rebound Sharply,Capital Flows,"US Overseas Capital Purchases Rebound SharplyUnited States Capital FlowsOverseas investors bought USD 349.9 billion of US assets, including short-dated instruments, in March 2020 after buying an upwardly revised USD 14.3 billion sale in February. Meanwhile, foreigners sold USD 299.3 billion of long-term US securities, including government and corporate after buying USD 4.9 billion in the previous month. Overseas investors sold USD 112.6 billion of Treasuries in March after buying USD 49.6 billion in the previous month.
2020-05-15T20:04:00"
US Stocks Volatile,Stock Market,"US Stocks VolatileUnited States Stock MarketUS stocks bounced between gains and losses in another volatile session on Friday, as tensions between Washington and Beijing mounted after the Trump administration blocked semiconductor shipments to China's Huawei Technologies. In response, China is set to put US companies in an ""unreliable entity list"", which could mean launching investigations and imposing restrictions on Qualcomm, Cisco Systems and Apple, as well as suspend the purchase of Boeing airplanes, the Global Times reported. On Thursday, President Trump suggested the US could cut ties with China over the country's handling of the pandemic. Meanwhile, data showed record falls in both retail sales and industrial production during April while the University of Michigan’s consumer sentiment index for Mary came in stronger than expected.2020-05-15T18:08:00"
US Job Openings Drop to Near 3-Year Low,Job Offers,"US Job Openings Drop to Near 3-Year LowUnited States Job OffersThe number of job openings in the US declined by 813 thousand to 6.191 million in March 2020 from a revised 7.004 million in the previous month. It was the lowest level since May 2017, amid the coronavirus crisis. Openings slumped by 774 thousand in the private sector with the largest declines in accommodation and food services (-258,000) and durable goods manufacturing (-82,000). The number of job openings fell in the South, Midwest, and West regions.2020-05-15T14:03:00"
US Business Inventories Fall 0.2%,Business Inventories,"US Business Inventories Fall 0.2%United States Business InventoriesManufacturers’ and trade inventories in the US fell 0.2 percent from a month earlier in March of 2020, following an upwardly revised 0.5 percent drop in February and matching market expectations. Inventories declined faster for both wholesalers (-0.8 percent vs -0.7 percent) and manufacturers (-0.8 percent vs -0.4 percent). On the other hand, stocks at retailers increased 1 percent, rebounding from a 0.3 percent decrease. Year-on-year, business inventories edged down 0.3 percent.2020-05-15T14:03:00"
US Capacity Utilization Drops to Record Low,Capacity Utilization,"US Capacity Utilization Drops to Record LowUnited States Capacity UtilizationCapacity utilization for the US industrial sector decreased 8.3 percentage points to an all-time low of 64.9 percent in April 2020, still above market expectations of 64 percent. Capacity utilization for manufacturing was 61.1 percent, also a record low, with the operating rate for durable manufacturing also dropping to a new low to 55.3 percent held down by decreases in every major industry group. Likewise, capacity utilization for nondurables set a new low, falling 6.1 percentage points to 68.0 percent.2020-05-15T13:23:44.553"
NY Manufacturing Sector Contracts at Softer Pace,NY Empire State Manufacturing Index,"NY Manufacturing Sector Contracts at Softer PaceUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index rose to -48.5 in May 2020 from a record low of -78.2 hit last month and above market expectations of -63.5. New orders and shipments continued to decline sharply, though not as steeply as in April. Delivery times were slightly shorter, and inventories were slightly lower. After plunging last month, employment levels and the average workweek fell further in May. On the price front, input costs were slightly higher, while selling prices continued to decline modestly. While current conditions remained extremely weak, firms grew more optimistic that conditions would be better six months from now.2020-05-15T12:36:00"
US Dollar Eases from 3-Week High,Currency,"US Dollar Eases from 3-Week HighUnited States CurrencyThe dollar index fell for the first time in 3 sessions to trade around 100.2 on Friday after investors turned  to riskier assets on encouraging signs of recovery from China. Official data showed industrial production increased for the first time this year and oil demand picked up. Still, the dollar is on track to post a weekly gain amid concerns about the second wave of coronavirus infections and mounting tensions between the US and China. 2020-05-15T08:38:00"
US Stock Futures Extend Gains,Stock Market,"US Stock Futures Extend GainsUnited States Stock MarketUS equity futures extended yesterday’s gains on Friday, amid investors optimism about the re-opening of the US economy from coronavirus lockdowns and likely more stimulus that could feed a faster recovery. On Thursday, a late rally in Wall Street was fueled by gains in bank and energy shares, with investors shrugging off despite another dismal round of US unemployment data. The Dow Jones gained 377 points or 1.6% to 23,635. The S&P 500 added 33 points or 1.2% to 2853. The Nasdaq climbed 81 points or 0.9% to 8944.2020-05-15T00:58:01.807"
Dollar Strengthens to 3-Week High,Currency,"Dollar Strengthens to 3-Week HighUnited States CurrencyThe dollar index extended gains and touched 100.6 against a basket of currencies on Thursday, its highest level since April 24th, after the US claims report showed the number of unemployed increased by 2.981 million last week, above forecasts of 2.5 million, and raising further concerns about a big recession. Earlier in the session, the dollar was already gaining after Fed Chair Powell rejected negative interest rates and warned of a recession worse than any since World War Two if Congress and the White House do not provide extra fiscal stimulus. Investors also await economic data on China, Europe and the US to be released in the coming days for further clues about the economic damage caused by the coronavirus.2020-05-14T12:56:00"
US Treasury Yields Fall on Unemployment Concerns,Government Bond 10Y,"US Treasury Yields Fall on Unemployment ConcernsUnited States Government Bond 10YUS government debt prices rose on Thursday, as investors' risk appetite continues to decline after the latest jobless claim report showed that total unemployed since the coronavirus crisis began two months ago increased by over 36 million, nearly a quarter of the working-age population. On Wednesday, the Fed’s Powell advised that unemployment would reach a peak during the next month. The Chairman also warned for an extended period of weak growth due to the coronavirus pandemic and pledged for more stimulus but ruled out the possibility of negative interest rates. The US 10-year Treasury note decreased to 0.61% and that on 30-year fell to 1.285%.2020-05-14T12:51:00"
US Import Prices Fall 2.6% after Oil Plunge,Import Prices MoM,"US Import Prices Fall 2.6% after Oil PlungeUnited States Import Prices MoMImport prices in the US fell 2.6 percent from a month earlier in April of 2020, following an upwardly revised 2.4 percent decline in March and compared to market expectations of a 3.1 percent fall. It remains the largest decline in import prices since January of 2015, mainly due to a record 31.5 percent plunge in fuel prices, after WTI oil prices turned negative for the first time in history in April amid storage concerns. Excluding fuel, import prices went down 0.5 percent, driven by lower prices for industrial supplies and  materials; foods, feeds, and beverages; and consumer goods, which more than offset rising prices for  automotive vehicles and capital goods. Year-on-year, import cost went down 6.8 percent, the biggest anual decline since December of 2015.2020-05-14T12:35:00"
US Treasury Yields Fall ahead of Jobless Claims Data,Government Bond 10Y,"US Treasury Yields Fall ahead of Jobless Claims DataUnited States Government Bond 10YUS government debt prices rose on Thursday, as investors' risk appetite continues to decline ahead of the jobless claims release later in the day which is expected to show that total unemployed since the coronavirus pandemic started in mid-March increased by about 36 million, nearly a quarter of the working-age population. On Wednesday, the Fed’s Powell advised that unemployment would reach a peak during the next month. The Chairman also warned for an extended period of weak growth due to the coronavirus pandemic and pledged for more stimulus but ruled out the possibility of negative interest rates. The US 10-year Treasury note decreased to 0.6202% and that on 30-year fell to 1.3157%.2020-05-14T11:47:00"
Dollar Strengthens after Powell Rejects Negative Rates,Currency,"Dollar Strengthens after Powell Rejects Negative RatesUnited States CurrencyThe dollar index traded slightly higher above 100.2 on Thursday after Fed Chair Powell rejected negative interest rates and warned of a recession worse than any since World War Two if Congress and the White House do not provide extra fiscal stimulus. Investors also await economic data on China, Europe and the US to be released in the coming days for further clues about the economic damage caused by the coronavirus. 2020-05-14T07:59:00"
Stock Futures Lack Direction,Stock Market,"Stock Futures Lack Direction United States Stock MarketUS equity futures struggle for direction Thursday, as investors digested the latest views from the Fed Chair. Federal Reserve Chairman Jerome Powell pledged more stimulus measures, warning that economic recovery from the coronavirus is likely to be slow. Also weighing on sentiment were renewed tensions between Washington and Beijing over the coronavirus crises. President Donald Trump tweeted that any benefits from the US-China trade deal faint in comparison to the damage that has been caused by COVID-19. On Wednesday, the Dow Jones fell 517 points or 2.2% to 23,248 and linked three straight drops. The S&P 500 shed 50 points or 1.8% to 2820. The Nasdaq lost 139 points or 1.6% to 8863.2020-05-14T01:09:25.757"
Dow Jones is down by 2%,stock market,Dow Jones is down by 2%United States stock marketDow Jones Industrial Average decreased 2% to 232902020-05-13T15:46:46.037
US 10-Year Treasury Yield Touches Session Low,Government Bond 10Y,"US 10-Year Treasury Yield Touches Session LowUnited States Government Bond 10YThe yield on US 10-year Treasury notes touched a session low of 0.6428% on Wednesday after Federal Reserve Chairman Jerome Powell said that additional fiscal and monetary policy measures may be needed to support the US economy, but ruled out any interest rate cut. President Donald Trump on Tuesday again pushed the Federal Reserve to lower rates into negative territory to support the struggling economy.2020-05-13T13:28:00"
Dollar Trades Around 100,Currency,"Dollar Trades Around 100United States CurrencyThe dollar index hovered around 100 against a basket of rivals on Wednesday, after touching a three-week high the day before, following Federal Reserve Chairman Jerome Powell's speech, at which he said additional stimulus may be necessary to face the impact of the coronavirus crisis but did not specify any measures and ruled out the possibility of negative interest rates. Meanwhile, concerns about a second wave of coronavirus infections and its economic consequences mounted. Anthony Fauci, the director of the US National Institute of Allergy and Infectious Diseases, warned that a premature reopening could set back the country’s attempts to control the disease and in LA, the stay-at-home order will likely be extended by 3 more months, Public Health Director Barbara Ferrer said. 2020-05-13T13:17:00"
US Mortgage Applications Rise for 2nd Week,Mortgage Applications,"US Mortgage Applications Rise for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States increased 0.3 percent in the week ended May 8th 2020, following a 0.1 percent rise in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home increased for the fourth straight week by 10.6 percent while refinance applications dropped 3.3 percent. Meantime, the average fixed 30-year mortgage rate edged up 3bps from a record low to 3.43 percent.2020-05-13T11:04:00"
US 10-Year Yield Little-Changed Ahead of Powell Speech,Government Bond 10Y,US 10-Year Yield Little-Changed Ahead of Powell SpeechUnited States Government Bond 10YThe yield on US 10-year Treasury notes traded at 0.66% on Wednesday ahead of a speech by Federal Reserve Chairman Jerome Powell later in the day on hopes it might unveil policymakers' views on the future direction of monetary policy. President Donald Trump on Tuesday again pushed the Federal Reserve to cut rates into negative territory to support the struggling economy.2020-05-13T08:59:00
Dollar Little-Changed Ahead of Powell Speech,Currency,"Dollar Little-Changed Ahead of Powell SpeechUnited States CurrencyThe dollar index traded around 100 against a basket of rivals on Wednesday, after touching a three-week high the day before, as investors await Federal Reserve Chairman Jerome Powell's speech later in the day, which may offer hints on whether negative interest rates could be adopted to support the struggling economy. President Donald Trump has been pushing policymakers to cut rates into negative territory. Meanwhile, concerns about a second wave of coronavirus infections and its economic consequences mounted. Anthony Fauci, the director of the US National Institute of Allergy and Infectious Diseases, warned that a premature reopening could set back the country’s attempts to control the disease and in LA, the stay-at-home order will likely be extended by 3 more months, Public Health Director Barbara Ferrer said. 2020-05-13T08:12:00"
US Stock Futures Decline,Stock Market,"US Stock Futures Decline United States Stock MarketUS equity futures are pointing to a lower open on Wednesday, as investors weighed possible consequences of reopening the economy too soon. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, warned Congress that a premature reopening could set back the US attempts to control the disease. Also weighing on sentiment were renewed tensions between Washington and Beijing over the coronavirus crises. Senator Lindsey Graham introduced legislation to authorize sanctions if China fails to cooperate with a coronavirus investigation. On Tuesday, The Dow Jones sank 457 points or 1.9% to 23,765. The S&P 500 tumbled 60 points or 2.1% to 2870. The Nasdaq shed 190 points or 2.1% to 9003.2020-05-13T00:55:54.223"
Dollar Falls on Tuesday,Currency,Dollar Falls on TuesdayUnited States CurrencyThe dollar index fell to below 99.8 on Tuesday after hitting a 2-week high of 100.445 earlier in the session amid an improvement in risk appetite as investors shrug off fears of a second wave of coronavirus infections and focus on reopening efforts. 2020-05-12T13:41:00
US Annual Core Inflation Slows to 9-Year Low,Core Inflation Rate,"US Annual Core Inflation Slows to 9-Year LowUnited States Core Inflation RateUS core consumer price inflation, which excludes volatile items such as food and energy, decreased to 1.4 percent year-on-year in April 2020 from 2.1 percent in the previous month and below market expectations of 1.7 percent. It was the lowest rate since April 2011 amid efforts to contain the rapid spread of coronavirus.2020-05-12T12:40:02.907"
US Core Consumer Prices Fall the Most on Record,Core Inflation Rate MoM,"US Core Consumer Prices Fall the Most on RecordUnited States Core Inflation Rate MoMUS core consumer prices, excluding volatile items such as food and energy, decreased 0.4 percent month-over-month in April 2020, following a 0.1 percent fall in March and compared to market expectations of 0.2 percent drop. It was the largest monthly decline since comparable records began in 1957 amid the COVID-19 pandemic, as prices for apparel, motor vehicle insurance, airline fares, and lodging away from home all fell sharply. In addition, the indexes for used cars and trucks and recreation also declined in April, while those for rent, owners’ equivalent rent, medical care, and household furnishings and operations increased.2020-05-12T12:35:00"
"US Inflation Rate Falls to 0.3%, Lowest since 2015",Inflation Rate,"US Inflation Rate Falls to 0.3%, Lowest since 2015United States Inflation RateAnnual inflation rate in the US eased to 0.3% in April of 2020 from 1.5% in March and below market expectations of 0.4%. It is the lowest inflation rate since October of 2015, mainly due to a 32% plunge in gasoline prices. In April, oil prices turned negative for the first time in history amid storage and oversupply concerns. Also, coronavirus lockdown restrictions led to a 5.7% drop in cost of apparel and a 5.5% fall in cost of transportation services. On the other hand, cost of food increased 3.5%, the highest rate since February of 2012. On a monthly basis, consumer prices declined 0.8%, the largest drop since December of 2008, mainly due to a 20.6% fall in gasoline prices although the indexes for apparel, motor vehicle insurance, airline fares, and lodging away from home all fell sharply as well. Excluding food and energy, core inflation eased to 1.4%, the lowest rate since April of 2011.2020-05-12T12:34:00"
Duke Energy earnings at 1.14 USD,Earnings,Duke Energy earnings at 1.14 USDUnited States EarningsDuke Energy (DUK) released earnings per share at 1.14 USD.2020-05-12T10:18:19.673
Dollar Trades Nearly Flat,Currency,Dollar Trades Nearly Flat United States CurrencyThe dollar index erased gains to trade around 100.1 on Tuesday after hitting a 2-week high of 100.445 earlier in the session as investors’ risk appetite dampened amid worries about a second wave of coronavirus infections as several countries reopen their economies. Both China and South Korea reported new local clusters of infections and the number of new cases also increased in Germany. 2020-05-12T07:16:31.13
US Stock Futures Fall,Stock Market,"US Stock Futures FallUnited States Stock MarketWall Street's main indexes were set to open lower on Tuesday as investors were cautious about the second wave of coronavirus infections after several states and countries revived economic activities. Meantime, White House officials have been required to use a face mask after two cases of coronavirus inside the West Wing. On Monday, The Dow Jones lost 109 points or 0.5% to 24,222. In contrast, the S&P 500 closed unchanged at 2930 and the Nasdaq jumped 71 points or 0.8% to 9192.2020-05-12T01:35:00"
NASDAQ 100 Hits 11-week High,Stock Market,NASDAQ 100 Hits 11-week HighUnited States Stock MarketNASDAQ 100 increased to a 11-week high of 92702020-05-11T14:13:00
US 10-Year Treasury Yields Rise for 2nd Day,Government Bond 10Y,"US 10-Year Treasury Yields Rise for 2nd DayUnited States Government Bond 10YThe yield on the US 10-year Treasury note increased for the second straight session to 0.689% on Monday, as investors move from safe-haven assets amid easing global economic worries after economies began to gradually reopen. The rate of coronavirus related hospitalizations in the state of New York, the most affected in the country, slowed to levels not seen since March. On Sunday, White House officials said that informal talks with Republicans and Democrats about another aid package have started after the US reported a further 20.5 million jobs from nonfarm payrolls were lost due to the coronavirus pandemic and more are expected in the coming months.2020-05-11T11:15:00"
Allergan earnings at 1.14 USD,Earnings,Allergan earnings at 1.14 USDUnited States EarningsAllergan (AGN) released earnings per share at 1.14 USD.2020-05-11T09:16:41.253
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketWall Street is set to start the week in the green with investors looking past grim economic data as the US continues to lift the business lockdowns put in place to stem the spread of the disease. Apple said it will start to reopen US stores this week. On Friday, the Dow Jones gained 455 points or 1.9% to 24331. The S&P 500 climbed 49 points or 1.7% to 2930. The Nasdaq added 142 points or 1.6% to 9121.2020-05-10T23:44:00"
Dollar Little Changed after Jobs Report,Currency,"Dollar Little Changed after Jobs ReportUnited States CurrencyThe dollar index was little changed at 99.8 against a basket of currencies on Friday after data showed the US economy lost a record 20.5 million jobs in April, less than market expectations of a 22 million cut, while the unemployment rate hit an all-time high of 14.7%, below forecasts of 16%. Risk appetite was broadly higher on the day as more countries plan to reopen their economies and trade tensions between Washington and Beijing eased after representatives from both countries held a phone call and discussed the Phase 1 trade deal.2020-05-08T21:13:00"
US Wholesale Inventories Fall Less than Expected,Wholesale Inventories,"US Wholesale Inventories Fall Less than ExpectedUnited States Wholesale InventoriesWholesale inventories in the US fell 0.8 percent month-over-month in March of 2020, less than an initial estimate of a 1 percent drop. Still, it is the biggest decline in inventories since September of 2011. Stocks of nondurable goods slumped 2.7 percent (vs –2.6 percent in the preliminary estimate), while durable goods inventories edged up 0.5 percent (vs 0.1 percent in the preliminary release). Year-on-year, wholesale inventories were down 1.7 percent in March.2020-05-08T14:13:13.653"
US 10-Year Treasury Yield Rises after Jobs Report,Government Bond 10Y,"US 10-Year Treasury Yield Rises after Jobs ReportUnited States Government Bond 10YUS 10-year Treasury yields jumped to 0.657% on Friday, before giving up gains to trade at 0.631%, after latest data showed the US economy cut 20.5 million jobs in April, compared to market expectations of a 22 million loss, bringing the unemployment rate to 14.7%, also below forecasts of 16%. Meanwhile, two-year Treasury yields touched a record low of 0.105%.2020-05-08T13:23:00"
US Participation Rate Falls to 47-Year Low,Labor Force Participation Rate,"US Participation Rate Falls to 47-Year LowUnited States Labor Force Participation RateThe US labor force participation rate dropped to 60.2 percent in April 2020 from 62.7 percent in the previous month, reflecting the negative effects of the coronavirus pandemic and efforts to contain it. That was the lowest rate since January 1973.2020-05-08T12:35:43.06"
US Wage Growth Above Forecasts,Average Hourly Earnings,"US Wage Growth Above ForecastsUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls increased by USD 1.34, or 4.7 percent over the month to USD 30.01 in April of 2020, after an upwardly revised 0.5 percent rise in March and well above market expectations of a 0.4 percent gain. Year-on-year, average hourly earnings have increased by 7.9 percent, above an upwardly revised 3.3 percent in the prior month and market consensus of 3.3 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by USD 1.04 to USD 25.12 in April. The increases in average hourly earnings largely reflect the substantial job loss among lower-paid workers; this change, along with earnings increases, put upward pressure on the average hourly earnings estimates.



2020-05-08T12:33:00"
Dollar Falls for 2nd Day,Currency,Dollar Falls for 2nd DayUnited States CurrencyThe dollar index fell for the second straight session to trade around 99.8 on Friday as investors’ risk appetite improved as more countries including Australia plan to reopen and trade tensions between the US and China eased after representatives from the two countries held a phone call and discussed the Phase 1 trade deal. 2020-05-08T08:47:56.257
US Stock Futures Rise Ahead of Jobs Report,Stock Market,"US Stock Futures Rise Ahead of Jobs ReportUnited States Stock MarketUS stock index futures gained on Friday, with investors awaiting data on non-farm payrolls to get a clearer picture of the economic blow from the novel coronavirus. On Thursday, tech stocks drove Wall Street higher and sent Nasdaq back in positive territory for the year. The Dow Jones gained 211 points or 0.9% to 23,876. The S&P 500 added 33 points or 1.2% to 2881. The Nasdaq climbed 125 points or 1.4% to 8980.2020-05-08T01:49:44.037"
Digital Realty earnings at 1.53 USD,Earnings,Digital Realty earnings at 1.53 USDUnited States EarningsDigital Realty (DLR) released earnings per share at 1.53 USD.2020-05-07T21:01:19.587
Fiserv earnings at 0.99 USD,Earnings,Fiserv earnings at 0.99 USDUnited States EarningsFiserv (FISV) released earnings per share at 0.99 USD.2020-05-07T20:39:46.683
US Consumer Credit Drops in March,Consumer Credit,"US Consumer Credit Drops in MarchUnited States Consumer CreditConsumer credit in the United States went down by USD 12.1 billion in March after climbing an upwardly revised USD 20 billion in February and missing market expectations of USD 15 billion rise. It is the first decrease since August 2011 as revolving credit including credit card borrowing decreased USD 28.2 billion after advancing a revised USD 3.3 billion in the previous month and non-revolving credit including loans for education and automobiles jumped USD 16.1 billion after a revised USD 16.6 billion gain in the prior month. Year-on-year, credit grew 3.4 percent after rising 5.7 percent in February.
2020-05-07T19:05:00"
US Unit Labour Costs Rise More than Expected,Labour Costs,"US Unit Labour Costs Rise More than ExpectedUnited States Labour CostsUnit labor costs in the US nonfarm business sector jumped an annualized 4.8 percent in the first quarter of 2020, higher than a 0.9 percent increase in the previous period and market forecasts of a 4 percent jump. It is the biggest increase in labor costs since a 5.7 percent rise in the first quarter of 2019. Hourly compensation went up 2.2 percent while productivity decreased 2.5 percent, the biggest drop since the fourth quarter of 2015. Unit labor costs increased 1.5 percent over the last four quarters.2020-05-07T12:33:00"
US Labor Productivity Falls Less than Forecasts,Productivity,"US Labor Productivity Falls Less than ForecastsUnited States ProductivityLabor productivity in the US non-farm business sector decreased by an annualized 2.5 percent during the first quarter of 2020, after a 1.2 percent increase in the previous three-month period and compared to market expectations of a 5.5 percent decline, a preliminary estimate showed. It was the biggest fall in labor productivity since the last quarter of 2015. Output fell 6.2 percent, down from a 2.4 percent rise in Q4; and hours worked dropped 3.8 percent, reversing a 1.2 percent gain. Manufacturing sector labor productivity slumped 3.3 percent, as output contracted 7.1 percent and hours worked were down 3.9 percent.2020-05-07T12:32:00"
USD Rises on Thursday,Currency,USD Rises on ThursdayUnited States CurrencyThe dollar index traded slightly higher and above 100.2 on Thursday amid a lack of risk appetite as investors digest latest economic data and US-China tensions. Chinese imports plunged more than expected in April although exports unexpectedly rebounded. President Trump said he’ll know if China is accomplishing the Phase 1 Trade Deal in 1 or 2 weeks and representatives from both countries will have a call next week on that. 2020-05-07T09:22:08.193
Darling Ingredients earnings at 0.51 USD,Earnings,Darling Ingredients earnings at 0.51 USDUnited States EarningsDarling Ingredients (DAR) released earnings per share at 0.51 USD.2020-05-06T23:56:23.73
Curtiss-Wright earnings at 1.34 USD,Earnings,Curtiss-Wright earnings at 1.34 USDUnited States EarningsCurtiss-Wright (CW) released earnings per share at 1.34 USD.2020-05-06T23:34:26.163
UGI earnings at 1.56 USD,Earnings,UGI earnings at 1.56 USDUnited States EarningsUGI (UGI) released earnings per share at 1.56 USD.2020-05-06T23:34:25.65
Two Harbors Investment earnings at 0.25 USD,Earnings,Two Harbors Investment earnings at 0.25 USDUnited States EarningsTwo Harbors Investment (TWO) released earnings per share at 0.25 USD.2020-05-06T23:34:24.697
Watts Water Technologies earnings at 0.95 USD,Earnings,Watts Water Technologies earnings at 0.95 USDUnited States EarningsWatts Water Technologies (WTS) released earnings per share at 0.95 USD.2020-05-06T23:23:49.04
Lannett earnings at 0.27 USD,Earnings,Lannett earnings at 0.27 USDUnited States EarningsLannett (LCI) released earnings per share at 0.27 USD.2020-05-06T23:23:42.457
Quinstreet earnings at 0.13 USD,Earnings,Quinstreet earnings at 0.13 USDUnited States EarningsQuinstreet (QNST) released earnings per share at 0.13 USD.2020-05-06T23:23:39.01
RE/MAX earnings at 0.39 USD,Earnings,RE/MAX earnings at 0.39 USDUnited States EarningsRE/MAX (RMAX) released earnings per share at 0.39 USD.2020-05-06T23:02:05.607
Terreno Realty earnings at 0.35 USD,Earnings,Terreno Realty earnings at 0.35 USDUnited States EarningsTerreno Realty (TRNO) released earnings per share at 0.35 USD.2020-05-06T23:02:04.827
Healthcare Realty earnings at 0.41 USD,Earnings,Healthcare Realty earnings at 0.41 USDUnited States EarningsHealthcare Realty (HR) released earnings per share at 0.41 USD.2020-05-06T23:02:02.097
Eversource Energy earnings at 1.02 USD,Earnings,Eversource Energy earnings at 1.02 USDUnited States EarningsEversource Energy (ES) released earnings per share at 1.02 USD.2020-05-06T23:01:53.753
Exact Sciences earnings at -0.6 USD,Earnings,Exact Sciences earnings at -0.6 USDUnited States EarningsExact Sciences (EXAS) released earnings per share at -0.6 USD.2020-05-06T23:01:49.853
Cubic earnings at -0.12 USD,Earnings,Cubic earnings at -0.12 USDUnited States EarningsCubic (CUB) released earnings per share at -0.12 USD.2020-05-06T22:50:48.55
Nu Skin Enterprises earnings at 0.36 USD,Earnings,Nu Skin Enterprises earnings at 0.36 USDUnited States EarningsNu Skin Enterprises (NUS) released earnings per share at 0.36 USD.2020-05-06T22:50:48.117
TechTarget earnings at 0.19 USD,Earnings,TechTarget earnings at 0.19 USDUnited States EarningsTechTarget (TTGT) released earnings per share at 0.19 USD.2020-05-06T22:50:47.633
Bright Horizons Family Solutions earnings at 0.74 USD,Earnings,Bright Horizons Family Solutions earnings at 0.74 USDUnited States EarningsBright Horizons Family Solutions (BFAM) released earnings per share at 0.74 USD.2020-05-06T22:50:45.227
Bottomline Technologies earnings at 0.27 USD,Earnings,Bottomline Technologies earnings at 0.27 USDUnited States EarningsBottomline Technologies (EPAY) released earnings per share at 0.27 USD.2020-05-06T22:50:44.82
Rubicon Project earnings at -0.06 USD,Earnings,Rubicon Project earnings at -0.06 USDUnited States EarningsRubicon Project (RUBI) released earnings per share at -0.06 USD.2020-05-06T22:39:45.47
Rent-A-Center earnings at 0.67 USD,Earnings,Rent-A-Center earnings at 0.67 USDUnited States EarningsRent-A-Center (RCII) released earnings per share at 0.67 USD.2020-05-06T22:18:00.413
Q2 earnings at -0.09 USD,Earnings,Q2 earnings at -0.09 USDUnited States EarningsQ2 (QTWO) released earnings per share at -0.09 USD.2020-05-06T22:07:07.69
Veracyte earnings at -0.24 USD,Earnings,Veracyte earnings at -0.24 USDUnited States EarningsVeracyte (VCYT) released earnings per share at -0.24 USD.2020-05-06T22:07:07.223
RealPage earnings at 0.43 USD,Earnings,RealPage earnings at 0.43 USDUnited States EarningsRealPage (RP) released earnings per share at 0.43 USD.2020-05-06T22:07:06.723
Esperion Therapeutics earnings at -2.84 USD,Earnings,Esperion Therapeutics earnings at -2.84 USDUnited States EarningsEsperion Therapeutics (ESPR) released earnings per share at -2.84 USD.2020-05-06T22:07:04.883
Sabra Health Care Reit earnings at 0.45 USD,Earnings,Sabra Health Care Reit earnings at 0.45 USDUnited States EarningsSabra Health Care Reit (SBRA) released earnings per share at 0.45 USD.2020-05-06T22:07:04.353
Kite Realty earnings at 0.36 USD,Earnings,Kite Realty earnings at 0.36 USDUnited States EarningsKite Realty (KRG) released earnings per share at 0.36 USD.2020-05-06T21:56:17.59
Central Garden Pet earnings at 0.78 USD,Earnings,Central Garden Pet earnings at 0.78 USDUnited States EarningsCentral Garden Pet (CENTA) released earnings per share at 0.78 USD.2020-05-06T21:56:15.297
Extended Stay America earnings at 0.07 USD,Earnings,Extended Stay America earnings at 0.07 USDUnited States EarningsExtended Stay America (STAY) released earnings per share at 0.07 USD.2020-05-06T21:56:14.033
Vanda Pharmaceuticals earnings at 0.01 USD,Earnings,Vanda Pharmaceuticals earnings at 0.01 USDUnited States EarningsVanda Pharmaceuticals (VNDA) released earnings per share at 0.01 USD.2020-05-06T21:56:08.197
NuVasive earnings at 0.48 USD,Earnings,NuVasive earnings at 0.48 USDUnited States EarningsNuVasive (NUVA) released earnings per share at 0.48 USD.2020-05-06T21:34:49.397
Ultragenyx Pharmaceutical earnings at -2.04 USD,Earnings,Ultragenyx Pharmaceutical earnings at -2.04 USDUnited States EarningsUltragenyx Pharmaceutical (RARE) released earnings per share at -2.04 USD.2020-05-06T21:34:43.673
Hyatt Hotels earnings at -0.35 USD,Earnings,Hyatt Hotels earnings at -0.35 USDUnited States EarningsHyatt Hotels (H) released earnings per share at -0.35 USD.2020-05-06T21:34:42.563
Atmos Energy earnings at 1.95 USD,Earnings,Atmos Energy earnings at 1.95 USDUnited States EarningsAtmos Energy (ATO) released earnings per share at 1.95 USD.2020-05-06T21:34:33.827
Radian earnings at 0.8 USD,Earnings,Radian earnings at 0.8 USDUnited States EarningsRadian (RDN) released earnings per share at 0.8 USD.2020-05-06T21:34:27.93
Amedisys earnings at 1.05 USD,Earnings,Amedisys earnings at 1.05 USDUnited States EarningsAmedisys (AMED) released earnings per share at 1.05 USD.2020-05-06T21:34:23.937
Danaher earnings at 1.05 USD,Earnings,Danaher earnings at 1.05 USDUnited States EarningsDanaher (DHR) released earnings per share at 1.05 USD.2020-05-06T21:23:49.33
Ansys earnings at 0.83 USD,Earnings,Ansys earnings at 0.83 USDUnited States EarningsAnsys (ANSS) released earnings per share at 0.83 USD.2020-05-06T21:23:47.703
Extra Space Storage earnings at 1.24 USD,Earnings,Extra Space Storage earnings at 1.24 USDUnited States EarningsExtra Space Storage (EXR) released earnings per share at 1.24 USD.2020-05-06T21:23:45.897
Federal Realty Investment earnings at 1.5 USD,Earnings,Federal Realty Investment earnings at 1.5 USDUnited States EarningsFederal Realty Investment (FRT) released earnings per share at 1.5 USD.2020-05-06T21:23:45.287
Equinix earnings at 6.21 USD,Earnings,Equinix earnings at 6.21 USDUnited States EarningsEquinix (EQIX) released earnings per share at 6.21 USD.2020-05-06T21:23:44.663
TiVo earnings at 0.3 USD,Earnings,TiVo earnings at 0.3 USDUnited States EarningsTiVo (TIVO) released earnings per share at 0.3 USD.2020-05-06T21:23:41.183
Sarepta Therapeutics earnings at -0.23 USD,Earnings,Sarepta Therapeutics earnings at -0.23 USDUnited States EarningsSarepta Therapeutics (SRPT) released earnings per share at -0.23 USD.2020-05-06T21:23:36.317
Marathon Oil earnings at -0.16 USD,Earnings,Marathon Oil earnings at -0.16 USDUnited States EarningsMarathon Oil (MRO) released earnings per share at -0.16 USD.2020-05-06T21:23:29.373
MetLife earnings at 1.58 USD,Earnings,MetLife earnings at 1.58 USDUnited States EarningsMetLife (MET) released earnings per share at 1.58 USD.2020-05-06T21:23:26.737
CenturyLink earnings at 0.37 USD,Earnings,CenturyLink earnings at 0.37 USDUnited States EarningsCenturyLink (CTL) released earnings per share at 0.37 USD.2020-05-06T21:23:24.103
Essex Property earnings at 3.48 USD,Earnings,Essex Property earnings at 3.48 USDUnited States EarningsEssex Property (ESS) released earnings per share at 3.48 USD.2020-05-06T21:01:52.337
Waste Connections earnings at 0.65 USD,Earnings,Waste Connections earnings at 0.65 USDUnited States EarningsWaste Connections (WCN) released earnings per share at 0.65 USD.2020-05-06T21:01:51.9
WPX Energy earnings at 0.07 USD,Earnings,WPX Energy earnings at 0.07 USDUnited States EarningsWPX Energy (WPX) released earnings per share at 0.07 USD.2020-05-06T21:01:50.2
Ameriprise Financial earnings at 5.41 USD,Earnings,Ameriprise Financial earnings at 5.41 USDUnited States EarningsAmeriprise Financial (AMP) released earnings per share at 5.41 USD.2020-05-06T21:01:48.86
RingCentral earnings at 0.19 USD,Earnings,RingCentral earnings at 0.19 USDUnited States EarningsRingCentral (RNG) released earnings per share at 0.19 USD.2020-05-06T21:01:47.143
American Water Works earnings at 0.67 USD,Earnings,American Water Works earnings at 0.67 USDUnited States EarningsAmerican Water Works (AWK) released earnings per share at 0.67 USD.2020-05-06T21:01:46.69
Apache earnings at -0.13 USD,Earnings,Apache earnings at -0.13 USDUnited States EarningsApache (APA) released earnings per share at -0.13 USD.2020-05-06T21:01:45.863
Albemarle earnings at 1 USD,Earnings,Albemarle earnings at 1 USDUnited States EarningsAlbemarle (ALB) released earnings per share at 1 USD.2020-05-06T21:01:39.373
CF Industries earnings at 0.31 USD,Earnings,CF Industries earnings at 0.31 USDUnited States EarningsCF Industries (CF) released earnings per share at 0.31 USD.2020-05-06T21:01:32.62
PayPal earnings at 0.66 USD,Earnings,PayPal earnings at 0.66 USDUnited States EarningsPayPal (PYPL) released earnings per share at 0.66 USD.2020-05-06T21:01:28.11
Trimble Navigation earnings at 0.49 USD,Earnings,Trimble Navigation earnings at 0.49 USDUnited States EarningsTrimble Navigation (TRMB) released earnings per share at 0.49 USD.2020-05-06T20:50:36.387
UDR earnings at 0.53 USD,Earnings,UDR earnings at 0.53 USDUnited States EarningsUDR (UDR) released earnings per share at 0.53 USD.2020-05-06T20:50:34.437
Mid-America Apartment Communities earnings at 1.62 USD,Earnings,Mid-America Apartment Communities earnings at 1.62 USDUnited States EarningsMid-America Apartment Communities (MAA) released earnings per share at 1.62 USD.2020-05-06T20:50:32.65
Aspen Technology earnings at 0.74 USD,Earnings,Aspen Technology earnings at 0.74 USDUnited States EarningsAspen Technology (AZPN) released earnings per share at 0.74 USD.2020-05-06T20:50:30.047
Zynga earnings at 0.01 USD,Earnings,Zynga earnings at 0.01 USDUnited States EarningsZynga (ZNGA) released earnings per share at 0.01 USD.2020-05-06T20:50:28.167
Ligand Pharmaceuticals earnings at 0.89 USD,Earnings,Ligand Pharmaceuticals earnings at 0.89 USDUnited States EarningsLigand Pharmaceuticals (LGND) released earnings per share at 0.89 USD.2020-05-06T20:50:26.56
United Insurance Holdings earnings at 0.21 USD,Earnings,United Insurance Holdings earnings at 0.21 USDUnited States EarningsUnited Insurance Holdings (UIHC) released earnings per share at 0.21 USD.2020-05-06T20:39:57.173
Cimarex Energy earnings at 0.58 USD,Earnings,Cimarex Energy earnings at 0.58 USDUnited States EarningsCimarex Energy (XEC) released earnings per share at 0.58 USD.2020-05-06T20:39:52.323
Neurocrine Biosciences earnings at 0.82 USD,Earnings,Neurocrine Biosciences earnings at 0.82 USDUnited States EarningsNeurocrine Biosciences (NBIX) released earnings per share at 0.82 USD.2020-05-06T20:39:50.06
STAAR Surgical earnings at 0.04 USD,Earnings,STAAR Surgical earnings at 0.04 USDUnited States EarningsSTAAR Surgical (STAA) released earnings per share at 0.04 USD.2020-05-06T20:39:42.853
3D Systems earnings at -0.04 USD,Earnings,3D Systems earnings at -0.04 USDUnited States Earnings3D Systems (DDD) released earnings per share at -0.04 USD.2020-05-06T20:39:38.533
T-Mobile Us earnings at 1.23 USD,Earnings,T-Mobile Us earnings at 1.23 USDUnited States EarningsT-Mobile Us (TMUS) released earnings per share at 1.23 USD.2020-05-06T20:39:37.94
Wynn Resorts earnings at -3.54 USD,Earnings,Wynn Resorts earnings at -3.54 USDUnited States EarningsWynn Resorts (WYNN) released earnings per share at -3.54 USD.2020-05-06T20:39:35.833
Aerie Pharmaceuticals earnings at -0.84 USD,Earnings,Aerie Pharmaceuticals earnings at -0.84 USDUnited States EarningsAerie Pharmaceuticals (AERI) released earnings per share at -0.84 USD.2020-05-06T20:17:39.407
US Mortgage Applications Rebound in Latest Week,Mortgage Applications,"US Mortgage Applications Rebound in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 0.1 percent in the week ended May 1st 2020, rebounding from a 3.3 percent fall in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home increased 5.8 percent while refinance applications dropped 1.7 percent. Meantime, the average fixed 30-year mortgage rate fell by 3bps to 3.40 percent, its lowest level on record.2020-05-06T11:02:00"
Dollar Extends Gains,Currency,"Dollar Extends GainsUnited States CurrencyThe dollar index strengthened for the 5th straight session to above 100.1 on Wednesday, the strongest on a closing basis since April 26th as investors digest US-China tensions on coronavirus spread and weaker-than-expected economic indicators. 2020-05-06T08:57:45.51"
Stock Futures Drop,Stock Market,"Stock Futures DropUnited States Stock MarketUS equity futures were trading lower overnight after Federal Reserve Vice Chairman Richard Clarida said the economy may need more fiscal and monetary support to offset the economic impact from the coronavirus outbreak. On the corporate front, Disney reported a 58% drop in sales from theme parks and cruises. On Tuesday, The Dow Jones climbed 133 points or 0.6% to 23883. The S&P 500 added 26 points or 0.9% to 2869. The Nasdaq gained 98 points or 1.1% to 8809..2020-05-06T00:44:42.2"
US Composite PMI Drops to All-Time Low,Composite Pmi,"US Composite PMI Drops to All-Time LowUnited States Composite PmiThe IHS Markit US Composite PMI was revised lower to an all-time low of 27.0 in April 2020 from a preliminary estimate of 27.4, driven by historic downturns in both the manufacturing and service sectors following the escalation of the COVID-19 outbreak. New business and employment fell at record rates. On the price front, private sector firms cut their output charges at the sharpest pace in the series history amid efforts to retain clients and revive new business.2020-05-05T13:58:20.677"
US Services PMI Drops to Record Low,Services PMI,"US Services PMI Drops to Record LowUnited States Services PMIThe IHS Markit US Services PMI was revised lower to 26.7 in April 2020 from a preliminary estimate of 27.0, pointing to the steepest fall in service sector activity since the series began in October 2009 as lockdown measures to contain the spread of Covid-19 hit consumer-facing industries particularly hard. New business and employment contracted at record pace as customers postponed or cancelled orders amid ongoing global lockdowns, with new business from abroad falling the most in 11 years. On the price front, input costs fell partially due to lower wage costs, while output charges posted the largest decrease since data collection began on efforts to attract clients. Looking ahead, business sentiment dropped to a fresh record low.2020-05-05T13:51:48.083"
US Imports Plunge 6.2% to Lowest Since 2016,Imports,"US Imports Plunge 6.2% to Lowest Since 2016United States ImportsImports to the United States fell by USD 15.4 billion from the previous month to USD 232.2 billion in March 2020, the lowest level since November 2016, as the coronavirus pandemic led to a sharp fall in activity and demand. Goods purchases slumped USD 4.7 billion and service imports tumbled 10.7 billion on the back of travel and transport. Within goods, there were declines in imports of consumer goods (down USD 4.0 billion) in particular cell phones & other household goods and gem diamonds; and automotive vehicles, parts and engines (down USD 2.7 billion). By contrast, purchases of capital goods increased USD 1.5 billion, boosted by computers and semiconductors.2020-05-05T12:36:00"
US Exports Tumble 9.6% to Over 3-Year Low,Exports,"US Exports Tumble 9.6% to Over 3-Year LowUnited States ExportsExports from the United States dropped by USD 20.0 billion from the previous month to USD 187.7 billion in March 2020, the lowest level since November 2016, as the COVID-19 crisis hit global demand. There was a USD 9.2 billion decline in goods sales and a USD 10.8 billion fall in service exports mostly due to travel and transport. Within goods, exports were down for industrial supplies and materials (down USD 2.9 billion), such as crude oil, fuel oil and other petroleum products; automotive vehicles, parts, and engines (down USD 2.5 billion); and capital goods (down USD 2.0 billion) in particular other industrial machinery, civilian aircraft, parts and engines.2020-05-05T12:33:00"
Dollar Strengthens Slightly,Currency,"Dollar Strengthens Slightly United States CurrencyThe dollar index was up 0.4% to 99.9 on Tuesday, the strongest in a week, as investors follow the economic reopening in many countries in Europe and Asia including Italy, Germany and India and in some US states and weigh US-China tensions related with the coronavirus spread. Also, commodity-related currencies were up due to a rise in oil prices. 2020-05-05T07:40:00"
US Futures Rise on Reopening Optimism,Stock Market,"US Futures Rise on Reopening Optimism United States Stock MarketStock futures in the US traded higher on Tuesday as several states are planning to lift restrictions and reopen some businesses and as oil prices rose for the fifth consecutive day. California will allow some businesses to start operations on Friday and the NY Governor Cuomo announced the reopening process will come in 4 phases, starting from May 15th. Meanwhile, the earnings season continues with companies including Hackett, Mattel, Sysco, Thomson Reuters and Walt Disney due to report today. On Monday, the Dow Jones added 26 points or 0.1% to 23,750. The S&P 500 climbed 12 points or 0.4% to 2843. The Nasdaq jumped 106 points or 1.2% to 8711.2020-05-05T06:57:00"
US Stock Futures Gain,Stock Market,"US Stock Futures GainUnited States Stock MarketUS stock index futures gained in after-hours trading, as easing coronavirus restrictions and prospects of an economic recovery overshadowed escalating tensions between the US and China over the coronavirus crisis and a sharp fall in airlines stocks. On Monday, The Dow Jones added 26 points or 0.1% to 23,750. The S&P 500 climbed 12 points or 0.4% to 2843. The Nasdaq jumped 106 points or 1.2% to 8711. 2020-05-05T01:04:53.917"
US Stocks Close Higher,Stock Market,"US Stocks Close HigherUnited States Stock MarketWall Street closed in the green as big technology shares rebounded from Friday’s sell-off. On Monday, states across the US continued to let nonessential businesses reopen and ease social distancing measures in an effort to restart the economy. However, the US had its deadliest 24 hours of the outbreak between Thursday and Friday. On the corporate side, Disney fell more than 3% following a downgrade at MoffettNathanson and expectations of a theme-park drag, while Warren Buffett said Berkshire sold its $4 billion stake in airlines. The Dow Jones added 26 points or 0.1% to 23,750. The S&P 500 climbed 12 points or 0.4% to 2843. The Nasdaq jumped 106 points or 1.2% to 8711.
2020-05-04T20:04:00"
US Stocks Lack Direction Amid US-China Tensions,Stock Market,"US Stocks Lack Direction Amid US-China TensionsUnited States Stock MarketWall Street traded mixed on Monday amid rising tensions between the US and China as the Trump administration is casting blame for the coronavirus’ spread on China. The US secretary of state, Mike Pompeo, said there is 'enormous evidence' the coronavirus emerged from a laboratory in Wuhan and President Trump suggested China sparked the outbreak before covering it and threatened with new tariffs. Meanwhile, the number of infections in the US  is approaching 1.2 million and President Trump revised upwards his death toll estimate to 100K. So far, more than 68K people died from the coronavirus in the country.2020-05-04T13:34:00"
US Stock Futures Drop,Stock Market,"US Stock Futures DropUnited States Stock MarketWall Street's main indexes looked set to start the week in the red, amid concerns over reopening the US economy too soon after data from the World Health Organization showed the US recorded the highest one-day death toll between Thursday and Friday. Weighing further on sentiment were renewed tensions between the US and China after President Trump threatened to impose new tariffs on China over the coronavirus crisis. On Friday, the Dow Jones retreated 622 points or 2.6% to 23,724. The S&P 500 shed 82 points or 2.8% to 2831. The Nasdaq lost 285 points or 3.2% to 8605. 2020-05-03T23:31:00"
US Stocks Plunge Dragged by Tech,Stock Market,"US Stocks Plunge Dragged by TechUnited States Stock MarketWall Street closed deeply in the red dragged mainly by the tech sector. On the corporate side, Amazon shares closed down 7.6% after the company announced plans to spend all its Q2 profits on its coronavirus response, while posting a Q1 profit that missed consensus. Meanwhile, Apple stock dropped 1.6% after beating profit expectations but posting nill revenue growth on an annual basis. In addition, Exxon Mobil reported a first-quarter loss hurt by crashing oil prices, while Chevron Corp's quarterly revenue took a big hit. The Dow Jones retreated 622 points or 2.6% to 23,724. The S&P 500 shed 82 points or 2.8% to 2831. The Nasdaq lost 285 points or 3.2% to 8605. During the week, the Dow Jones dropped 0.3%, the S&P 500 0.1%, and the Nasdaq 0.3%.2020-05-01T20:05:00"
US Manufacturing PMI Revised Lower: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Lower: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised lower to 36.1 in April 2020 from a preliminary estimate of 36.9, compared to March's final 48.5. The latest reading was the lowest since early 2009, as output, new orders and exports all fell at record rates due to measures implemented to contain the COVID-19 outbreak. At the same time, employment declined the most since March 2009 amid greater spare capacity, as backlogs of work decreased at the most marked rate for 11 years. On the price front, input costs fell amid lower demand for inputs and a notable decrease in fuel prices, while output charges declined the most since data collection began in May 2007.2020-05-01T13:55:00"
US Stocks Plunge as Trump Threatens New Tariffs on China,Stock Market,"US Stocks Plunge as Trump Threatens New Tariffs on ChinaUnited States Stock MarketStocks on Wall Street tumbled on Friday after President Donald Trump threatened to impose new tariffs on China over the pandemic, saying that he was concerned about the country's role in the spread of COVID-19 and that the trade deal between Washington and Beijing had become secondary ""to what took place with the virus"". Among single stocks, Apple fell as the company refused to give guidance for the current quarter because of uncertainty created by the virus, while Amazon said it could post its first quarterly loss in five years on coronavirus-related expenses. In addition, Exxon Mobil reported a first-quarter loss hurt by crashing oil prices, while Chevron Corp's quarterly revenue took a big hit. In April, both the Dow Jones and the S&P 500 posted their best months since 1987, while the Nasdaq booked its biggest one-month gain since 2000.2020-05-01T13:32:00"
Exxon Mobil earnings at 0.53 USD,Earnings,Exxon Mobil earnings at 0.53 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 0.53 USD.2020-05-01T11:52:50.157
Apple earnings at 2.55 USD,Earnings,Apple earnings at 2.55 USDUnited States EarningsApple (AAPL) released earnings per share at 2.55 USD.2020-04-30T20:40:54
Amazon earnings at 5.01 USD,Earnings,Amazon earnings at 5.01 USDUnited States EarningsAmazon (AMZN) released earnings per share at 5.01 USD.2020-04-30T20:40:28.48
US Stocks Tumble on Weak Economic Data,Stock Market,"US Stocks Tumble on Weak Economic DataUnited States Stock MarketWall Street closed deeply in the red after dire macro data triggered concerns over the state of the economy. The number of Americans filing for jobless benefits was 3.839 million in the week ended 25 April, compared to 4.442 million in the prior week and market expectations of 3.5 million, bringing the total reported since the beginning of the coronavirus crisis to over 30 million. Meantime, the Fed announced an expansion of its Lending Program to provide affordable credit for SMEs hit by the coronavirus crisis. The Dow Jones shed 288 points or 1.2% to 24346. The S&P 500 lost 27 points or 0.9% to 2912. The Nasdaq retreated 25 points or 0.3% to 8890. Still, both the Dow Jones and the S&P 500 posted their best months since 1987, climbing 11% and 13% In April. The Nasdaq Composite closed 16% higher for April, logging in its biggest one-month gain since June 2000.2020-04-30T20:06:00"
Dollar Hits 1-Month Low,currency,"Dollar Hits 1-Month LowUnited States currencyThe dollar index fell below 99 on Thursday for the first time in a month, as risk appetite improved following positive trial results for a COVID-19 treatment and the US Federal Reserve's decision to expand its Main Street Lending Program to support small and medium-sized businesses hurt by the pandemic.2020-04-30T15:01:00"
US Stocks Drop on Weak Data,Stock Market,"US Stocks Drop on Weak DataUnited States Stock MarketWall Street traded in the red on Thursday at the end of a strong month, after data showed a record fall in US consumer spending during March as well as another sharp increase in jobless claims last week. Early optimism had been supported by positive partial data from a trial of Gilead Science's antiviral remdesivir to treat patients with Covid-19. On the corporate front, Facebook and Tesla shares rose after posting stronger-than-expected quarterly earnings, and Twitter gained after it said that its ads sales had slightly rebounded in Asia. Meanwhile, McDonald's was under pressure after the company reported a 16.7% slide in quarterly profit. Apple and Amazon will be reporting results after markets close. The Dow Jones is set to book its best month since 1987, while the S&P 500 is on course for its biggest one-month gain since 1974, with investors cheering massive monetary and fiscal stimulus and hoping that business activity might rebound as states reopen from lockdowns.2020-04-30T13:32:00"
US PCE Prices Fall for 1st Time in Over a Year,PCE Price Index Monthly Change,"US PCE Prices Fall for 1st Time in Over a YearUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States decreased 0.3 percent month-over-month in March of 2020, following a 0.1 percent rise in the previous month. It was the first drop in PCE prices since January of 2019. Goods cost fell 0.9 percent, faster than a 0.1 percent decline in the prior month; and services prices showed no growth, after a 0.2 percent increase. Year-on-year, the PCE price index rose 1.3 percent, easing from a 1.8 percent gain in February.2020-04-30T12:38:00"
US Personal Income Falls More than Expected,Personal Income,"US Personal Income Falls More than ExpectedUnited States Personal IncomeUS personal income declined by 2 percent from a month earlier in March of 2020, after a 0.6 percent increase in the previous month and compared to market expectations of a 1.5 percent drop. That was the biggest fall in income since January 2013, reflecting a decrease in compensation. 2020-04-30T12:37:00"
Dollar Touches 2-Week Low,Currency,Dollar Touches 2-Week LowUnited States CurrencyThe dollar index touched a two-week low of 99.4 on Thursday as risk appetite improved following positive trial results for a COVID-19 treatment and signs that the US Federal Reserve might expand its monetary stimulus to support the economy hurt by the pandemic.2020-04-30T11:25:40.827
Upbeat Earnings Lift Stock Futures,Stock Market,"Upbeat Earnings Lift Stock FuturesUnited States Stock MarketStock futures rose in overnight trading, amid better than expected corporate earnings while investors assessed encouraging data about a possible treatment for COVID-19. After the Close, both Facebook Stock and Microsoft stock surged after each reported promising revenue figures. On Wednesday, the Dow Jones climbed 532 points or 2.2% to 24,634. The S&P 500 jumped 76 points or 2.7% to 2940. The Nasdaq soared 307 points or 3.6% to 8915.2020-04-30T00:58:11.633"
Microsoft earnings at 1.40 USD,Earnings,Microsoft earnings at 1.40 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 1.40 USD.2020-04-29T20:33:20.41
Facebook earnings at 1.71 USD,Earnings,Facebook earnings at 1.71 USDUnited States EarningsFacebook (FB) released earnings per share at 1.71 USD.2020-04-29T20:31:34.19
US 10-Year Treasury Yield Flat after Fed Statement,Government Bond 10Y,"US 10-Year Treasury Yield Flat after Fed StatementUnited States Government Bond 10YThe US 10-year Treasury yield was little-changed at 0.60% on Wednesday after the Federal Reserve left its monetary policy unchanged and pledged to do whatever it takes to support the economy amid the coronavirus pandemic. Earlier, data showed the US GDP contracted the most since 2008 led by sharp declines in consumer spending and business investment.2020-04-29T18:12:00"
US Crude Oil Stocks Rise Less than Forecast,Crude Oil Stocks Change,"US Crude Oil Stocks Rise Less than ForecastUnited States Crude Oil Stocks ChangeCrude inventories in the US rose by 8.991 million barrels in the week ended April 24th 2020, following a 15.022 million increase in the previous period and compared with market forecasts of a 10.619 million advance, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories fell unexpectedly by 3.669 million in the week, compared with market consensus of a 2.527 million increase.2020-04-29T14:33:00"
"US Treasury Yields Lower After GDP, Ahead Fed Decision",Government Bond 10Y,"US Treasury Yields Lower After GDP, Ahead Fed DecisionUnited States Government Bond 10YThe US 10-year Treasury yield edged lower to 0.59% on Wednesday, after recent data showed the US GDP contracted 4.8% in the first quarter, more than market expectations and the most since the Great Recession. Investors await now the Federal Reserve's monetary policy decision later in the day. Policymakers will probably leave interest rates near zero and pledge to do whatever it takes to support the world's largest economy.2020-04-29T12:55:00"
Dollar Holds to Losses after GDP Data,Currency,Dollar Holds to Losses after GDP DataUnited States CurrencyThe dollar index was down to 99.6 against a basket of currencies on Wednesday after first-quarter GDP figures came in weaker than expected. Investor focus shifted to the Federal Reserve's monetary policy statement later in the day at which policymakers will probably leave interest rates near zero and pledge to do whatever it takes to support the world's largest economy. Traders will be looking at any clues on the central bank's likely future path as well as a detailed forecast for the economy.2020-04-29T12:52:00
US Mortgage Applications Fall for 2nd Week,Mortgage Applications,"US Mortgage Applications Fall for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States dropped 3.3 percent in the week ended April 24th of 2020, following a 0.3 percent fall in the previous week, data from the Mortgage Bankers Association showed. Refinance applications went down 7.3 percent while applications to purchase a home increased 11.6 percent. Meantime, the average fixed 30-year mortgage rate fell by 2bps to 3.43 percent, its lowest level on record.2020-04-29T11:02:16.597"
US GDP Seen Contracting Most Since Great Recession,GDP Growth Rate,"US GDP Seen Contracting Most Since Great RecessionUnited States GDP Growth RateThe US economy probably shrank at a 4 percent annualized rate in the first quarter of 2020, ending the longest period of expansion in the country's history. That would the steepest pace of contraction in GDP since the first quarter of 2009, led by sharp declines in consumer spending and a drawdown of inventory at businesses, as measures to curb the rapid spread of Covid-19 almost shut down the country, throwing millions of people out of work.2020-04-29T10:53:00"
"US Treasury Yields Lower Ahead of GDP, Fed Decision",Government Bond 10Y,"US Treasury Yields Lower Ahead of GDP, Fed DecisionUnited States Government Bond 10YThe US 10-year Treasury yield edged lower to 0.60% on Wednesday as investors await US GDP figures and the Federal Reserve's monetary policy decision later in the day. Policymakers will probably leave interest rates near zero and pledge to do whatever it takes to support the world's largest economy.2020-04-29T09:43:00"
Dollar Weakens Ahead of Fed Statement,Currency,Dollar Weakens Ahead of Fed StatementUnited States CurrencyThe dollar index fell to 99.6 against a basket of currencies on Wednesday ahead of the Federal Reserve's monetary policy statement later in the day at which policymakers will probably leave interest rates near zero and pledge to do whatever it takes to support the world's largest economy. Investors will be looking at any clues on the central bank's likely future path as well as a detailed forecast for the economy.2020-04-29T08:24:14.223
US Stock Futures Rise Ahead of Fed Meeting,Stock Market,"US Stock Futures Rise Ahead of Fed MeetingUnited States Stock MarketWall Street seems to head for a recovery when markets open on Wednesday, as futures contracts posted some gains overnight on hopes of economic revival as states began to relax restrictions. Meantime, investors await the Federal Reserve’s two-day policy meeting. On Tuesday, The Dow Jones lost 32 points or 0.1% to 24,102. The S&P 500 shed 15 points or 0.5% to 2863. The Nasdaq retreated 122 points or 1.4% to 8608..2020-04-29T01:21:00"
US Coronavirus Cases Top 1M,Coronavirus Cases,"US Coronavirus Cases Top 1MUnited States Coronavirus CasesThe number of confirmed US coronavirus cases surpassed 1 million, representing a third of the global total, of which more than 58 thousand died, and over 115 thousand recovered. Meantime, more than 5 million tests have been performed on Americans. Globally, the novel coronavirus has infected over 3.1 million people and killed more than 216 thousand. 2020-04-28T22:13:00"
Alphabet earnings at 9.87 USD,Earnings,Alphabet earnings at 9.87 USDUnited States EarningsAlphabet (GOOGL) released earnings per share at 9.87 USD.2020-04-28T20:39:09.413
US Stocks Close Lower Dragged by Tech,Stock Market,"US Stocks Close Lower Dragged by TechUnited States Stock MarketWall Street closed in the red erasing early-session gains dragged down by the tech sector, as the peak of earnings seasons approaches and investors continue to weigh a partial return to activities in some US states. More than 3 million virus cases have been confirmed globally, with the US leading with 1 million confirmed cases and nearly 58 thousand deaths. The partial reopening of the economy in states like Texas, South Carolina, Georgia, Alaska, and Tennessee buoyed sentiment. On the corporate side, Amazon shares declined due to weaker sales in European countries affected by the pandemic. Still, investors brace for the busiest earnings period, with 145 S&P 500 companies reporting the week. The Dow Jones lost 32 points or 0.1% to 24,102. The S&P 500 shed 15 points or 0.5% to 2863. The Nasdaq retreated 122 points or 1.4% to 8608.
2020-04-28T20:04:00"
US Stock Market Rally Fades,Stock Market,"US Stock Market Rally FadesUnited States Stock MarketWall Street erased gains to trade mixed on Tuesday led by a decline in tech shares, after data showed the US consumer morale tumbled in April, with the present conditions index falling the most on record amid a sharp contraction in activity and surge in unemployment claims. Earlier in the session, the Dow hit a six-week high on upbeat earnings from 3M, Merck & Co, Pfizer and PepsiCo and following news that more states including Ohio and Illinois plan to reopen. Alphabet, Ford, Starbucks and Caterpillar are set to report earnings later in the day.2020-04-28T14:53:00"
US Fifth District Manufacturing Activity Index Falls to Record Low,Richmond Fed Manufacturing Index,"US Fifth District Manufacturing Activity Index Falls to Record LowUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia dropped to -53 in April 2020 from 2 in the previous month. It was the lowest reading on record, as all three main components of the composite index deteriorated: shipments (-70 vs 13 in March), new orders (-61 vs 0) and employment (-21 vs -7). In addition, firms reported a further decline in backlogs of orders (-42 vs -8). Meantime, respondents reported a rise in the growth rates of prices paid (1.48 vs 1.29) while that of prices received fell (0.92 vs 1.22). Finally, manufacturers were pessimistic regarding business conditions in the coming months.2020-04-28T14:02:00"
"US Stocks Surge on Earnings, Economy Reopening",Stock Market,"US Stocks Surge on Earnings, Economy Reopening United States Stock MarketWall Street traded higher and the Dow Jones hit a 6-week high of 24,526 on Tuesday after earnings from 3M, Merck & Co, Pfizer and PepsiCo beat forecasts. Investors also welcomed news that more states including Ohio and Illinois plan to reopen. The number of coronavirus cases in the US surpassed 1 million and more than 56K people died although the rate of new infections and deaths has been slowing to levels not seen since March. Alphabet, Ford, Starbucks and Caterpillar are among companies still reporting earnings today. 2020-04-28T13:30:00"
US Futures Extend Gains after Earnings,Stock Market,"US Futures Extend Gains after EarningsUnited States Stock MarketStock futures in the US extended gains on Tuesday after earnings from 3M, Merck & Co, Pfizer and PepsiCo beat forecasts. Earlier, futures were already trading in the green as more states including Ohio and Illinois plan to reopen. The number of coronavirus cases in the US surpassed 1 million and more than 56K people died although the rate of new infections and deaths has been slowing to levels not seen since March. Investors will also keep an eye on corporate earnings from other companies including Alphabet, Ford, Starbucks and Caterpillar. On Monday, the Dow Jones jumped 359 points or 1.5% to 24134. The S&P 500 climbed 42 points or 1.5% to 2879. The Nasdaq gained 96 points or 1.1% to 8730.2020-04-28T12:59:00"
US Goods Gap Rises amid Falling Exports,Goods Trade Balance,"US Goods Gap Rises amid Falling Exports United States Goods Trade BalanceThe goods deficit in the US widened to USD 64.22 billion in March of 2020 from USD 59.9 billion in the previous month, which was the smallest goods trade gap since September of 2016. Exports plunged 6.7 percent to USD 127.6 billion, mainly due to a 17.8 percent drop in sales of automotive vehicles and a 7.5 percent decline in industrial supplies, an advance estimate showed. Imports fell at a slower 2.4 percent to USD 191.87 billion, mainly due to purchases of consumer goods (-8.3 percent). 2020-04-28T12:37:00"
US 10-Year Treasury Yields Rise,Government Bond 10Y,"US 10-Year Treasury Yields RiseUnited States Government Bond 10YThe yield on the US 10-year Treasury note increased for the second straight session to 0.661% on Tuesday, the highest on a closing basis since April 14th as investors move from safe haven assets amid prospects the global economy will reopen soon. In the US, many states including Hawaii, Texas, Michigan, Alaska, Georgia, Oklahoma, Ohio and Illinois already started to ease some restrictions. In NY, Governor Cuomo outlined a plan to reopen the state in phases as early as May 15th.2020-04-28T10:51:02.807"
US Stock Futures Trade Higher,Stock Market,"US Stock Futures Trade HigherUnited States Stock MarketStock futures in the US traded higher on Tuesday, after a rally in the previous session as some states including Ohio and Illinois plan to reopen while oil prices continued to sell-off. The number of coronavirus cases in the US surpassed 1 million and more than 56K people died although the rate of new infections and deaths has been slowing to levels not seen since March. Investors will keep an eye on a new round of corporate earnings including Alphabet, Ford, Starbucks, PepsiCo, 3M, Caterpillar, Merck & Co and Pfizer. On Monday, the Dow Jones jumped 359 points or 1.5% to 24134. The S&P 500 climbed 42 points or 1.5% to 2879. The Nasdaq gained 96 points or 1.1% to 8730.2020-04-28T10:10:00"
US Dollar Falls for 4th Day as Economies Reopen,Currency,"US Dollar Falls for 4th Day as Economies ReopenUnited States CurrencyThe dollar index traded lower at 99.6 on Tuesday, extending declines for the 4th straight session amid an improvement in risk appetite, as investors  expect the global economy will reopen soon. Also, the Fed is seen leaving monetary policy on hold while the Bank of Japan already rolled out more stimulus measures and the ECB will likely increase its asset purchases on Thursday. 2020-04-28T08:08:00"
Asian Stocks Trade Mixed,Stock Market,"Asian Stocks Trade MixedUnited States Stock MarketAsian stocks opened a quiet session on Tuesday, with investors assessing news that more countries and US states were attending to ease lockdowns measures. Still, the recent weak run in the global oil price showed no signs of ending as storage runs out..2020-04-28T00:12:00"
US Stocks Rally on Reopening Hopes,Stock Market,"US Stocks Rally on Reopening HopesUnited States Stock MarketWall Street closed deeply in the green, as the prospects of a partial reopening of the US economy buoyed confidence and outweighed a 23% decline in WTI crude prices. On Monday, Ohio Governor Mike DeWine said consumer retail and services can start reopening on May 12, while states including Texas, South Carolina and Georgia are beginning to allow restaurants and other establishments to serve customers. Meanwhile, New York Governor Andrew Cuomo said the state plans to reopen in phases, starting with manufacturing and construction. On the corporate side, shares of companies that would benefit more from a reponening, such as MGM Resorts and Carnival, surged. The Dow Jones jumped 359 points or 1.5% to 24134. The S&P 500 climbed 42 points or 1.5% to 2879. The Nasdaq gained 96 points or 1.1% to 8730.
2020-04-27T20:05:00"
Wall Street Extends Gains,Stock Market,"Wall Street Extends Gains United States Stock MarketUS stocks extended gains by midday with the S&P 500 and Nasdaq trading at the highest levels in more than a month, amid signs of a slowdown in the spread of the coronavirus and hopes the US economy will re-open soon. New York Governor Cuomo outlined a plan to reopen the state in phases, starting with construction and manufacturing while Alaska, Georgia, South Carolina, Tennessee, and Texas are starting to allow restaurants and other businesses to resume operations. 2020-04-27T17:48:33.97"
Stocks in United States Hit 6-week High,Stock Market,Stocks in United States Hit 6-week HighUnited States Stock MarketS&P 500 increased to a 6-week high of 28802020-04-27T15:42:03.217
US March Retail Sales Plunges Less Than Estimated,Retail Sales MoM,"US March Retail Sales Plunges Less Than EstimatedUnited States Retail Sales MoMRetail sales in the US plunged 8.4 percent from a month earlier in March 2020, compared with a preliminary estimate of 8.7 percent, revised figures showed. It was still the biggest decline on record as the coronavirus crisis hit the economy. The biggest decreases were recorded for clothing, furniture, restaurants & bars, motor vehicles & parts, sporting goods, hobby, musical instrument & books, and electronics & appliances. Receipts at gasoline stations also fell sharply as consumers cut back spending on fuel and as oil prices plunged. On the other hand, sales of food & beverages and health & personal care products rose.2020-04-27T14:27:00"
Russell 2000 Hits 6-week High,Stock Market,Russell 2000 Hits 6-week HighUnited States Stock MarketRussell 2000 increased to a 6-week high of 12552020-04-27T14:07:54.363
US Stocks Rise on Hopes Economy will Reopen Soon,Stock Market,"US Stocks Rise on Hopes Economy will Reopen SoonUnited States Stock MarketWall Street traded higher on Monday, amid signs of a slowdown in the spread of the coronavirus and hopes the US economy will reopen soon. The number of people infected in US is approaching 1 million with more than 55K casualties although the death toll reported on Sunday was the lowest since the end of March. New York Governor Cuomo outlined a plan to reopen the state in phases as early as  May 15th starting with construction and manufacturing while Hawaii, Texas, Michigan, Alaska, Georgia and Oklahoma already started to ease some restrictions. On the earnings front, Heidrick & Struggles, Universal Health Services and WesBanco are among companies reporting today.2020-04-27T13:33:00"
NASDAQ 100 Hits 7-week High,Stock Market,NASDAQ 100 Hits 7-week HighUnited States Stock MarketNASDAQ 100 increased to a 7-week high of 88922020-04-27T13:29:59.867
US Treasury Yields Rise on Hopes Global Economy will Reopen Soon,Government Bond 10Y,"US Treasury Yields Rise on Hopes Global Economy will Reopen SoonUnited States Government Bond 10YThe yield on the US 10-year Treasury note increased to 0.627% on Monday, the highest in 6 sessions as investors' risk appetite improved amid hopes the spread of the coronavirus is slowing down and the global economy could reopen soon. Meanwhile, the yield on the 30-year Treasury bond also went up to 1.202%.2020-04-27T12:49:00"
USD Lowest in 1 Week,Currency,"USD Lowest in 1 WeekUnited States CurrencyThe dollar index depreciated on Monday to touch 99.84, lowest in a week as investors move away from safe-haven assets amid hopes the spread of the coronavirus is slowing down and the global economy could reopen soon. While the Fed is expected to keep its monetary policy stable for some time, BoJ decided today to remove a limitation on buying government bonds and to increase corporate debt and ECB is likely to expend its debt purchases on Thursday. 2020-04-27T07:16:00"
Dollar Ends Week Higher,Currency,"Dollar Ends Week HigherUnited States CurrencyThe dollar index, which measures the greenback against its major peers, settled at 100.2 on Friday, amid ongoing concerns about the coronavirus pandemic after Gilead Sciences Inc's potential drug against Covid-19 failed its first clinical trial. For the week, the dollar gained helped by a historic collapse in oil prices.2020-04-24T21:01:00"
US Stocks Rebound on Friday,Stock Market,"US Stocks Rebound on Friday United States Stock MarketWall Street rebounded after yesterday’s volatile session, as the oil rally continued with moderate gains and markets weighed the prospects of a potential coronavirus treatment from Gilead. On Friday, Reuters reported that a US government-led trial of remdesivir was running ahead of schedule, raising hopes of a treatment for coronavirus.  Cases in the US surpassed 909 thousand on Friday, while the death toll climbed more than 51 thousand, with the daily curve smoothing slowly. The Dow Jones added 260 points or 1.1% to 23,775. The S&P 500 gained 39 points or 1.4% to 2,837. The Nasdaq climbed 140 points or 1.7% to 8,635. During the week, the Dow Jones lost 1.9%, the S&P 500 1.2%, and the Nasdaq 0.2%.
2020-04-24T20:04:00"
"US Dollar Pares Gains, Still on Track for Weekly Rise",Currency,"US Dollar Pares Gains, Still on Track for Weekly RiseUnited States CurrencyThe dollar index reversed earlier gains to trade nearly flat around 100.4 on Friday but it is still on track to post its biggest weekly rise since early April. Investors remain concerned about the economic impact of the pandemic after Gilead said its closely watched coronavirus drug trial was inconclusive. Also, while the House of Representatives passed a $484 billion relief, the fourth coronavirus measure, boosting the overall response to almost $3 trillion, EU leaders failed to provide details on the form and exact amount of recovery fund brought to light yesterday night. Meanwhile, oil prices lack direction, pressuring commodity-related currencies.2020-04-24T11:35:00"
Dollar Rises for 5th Day,Currency,"Dollar Rises for 5th DayUnited States CurrencyThe dollar index strengthened for the 5th straight session to trade around 100.67 on Friday, as investors remain concerned about the economic impact of the coronavirus after Gilead said its closely watched coronavirus drug trial was inconclusive. Also, while the House of Representatives passed a $484 billion relief, the fourth coronavirus measure, boosting the overall response to almost $3 trillion, EU leaders failed to provide details on the form and exact amount of recovery fund brought to light yesterday night. Meanwhile, oil prices lack direction, pressuring commodity-related currencies. The US dollar is on track to post its biggest weekly rise since early April. 2020-04-24T09:24:00"
US Stock Futures Trade Mixed,Stock Market,"US Stock Futures Trade MixedUnited States Stock MarketStocks futures in the US traded mixed on Friday, as investors digest latest coronavirus updates after reports that Gilead Sciences Inc.’s antiviral drug remdesivir flopped in its first clinical trial. President Trump said on Thursday that his administration may extend its national social distancing guidelines until early in the summer. Meanwhile, the House of Representatives passed a $484 billion aid bill, setting the stage for President Trump to ratify it. Another round of corporate earnings kicks off, with Verizon and American Express among companies reporting today. On Thursday, the Dow Jones gained 39 points or 0.2% to 23515. The S&P 500 lost 2 points or 0.1% to 2798. The Nasdaq closed flattish at 8495.2020-04-24T08:28:00"
US Stock Futures Down,Stock Market,"US Stock Futures DownUnited States Stock MarketUS stock futures were slightly lower in Asia trade on Friday, after President Donald Trump said that his administration may extend its national social distancing guidelines until early in the summer. Meantime, the House of Representatives passed a $484 billion relief, the fourth coronavirus measure passed by Congress, boosting the overall federal financial response to almost $3 trillion. On Thursday, The Dow Jones gained 39 points or 0.2% to 23515. The S&P 500 lost 2 points or 0.1% to 2798. The Nasdaq closed flattish at 8495. .2020-04-24T00:33:00"
Global Coronavirus Cases Surpass 2.7M,Coronavirus Cases,"Global Coronavirus Cases Surpass 2.7MUnited States Coronavirus CasesReported COVID-19 cases around the world surpassed 2.7 million, of which more than 190 thousand died, and over 735 thousand recovered. In the US, the epicentre of the disease, the number of infections surpassed 865 thousand, around 32% of cases globally. Across the Atlantic, Spain, the worst-affected European country, registered 213,024 cases, followed by Italy (189,973) and France (159,460). The US is the country with more deaths caused by the virus, (47,676), followed by Italy (25,549) and Spain (21,157).2020-04-23T23:47:00"
Tenth District Manufacturing Activity Contracts at Record Pace,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Contracts at Record PaceUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index tumbled 44 points from the previous month to -62 in April 2020, the lowest level since the series began in 2001, as firms continued to be negatively impacted by COVID-19. The decrease in district manufacturing activity was steepest at durable goods factories such as primary and fabricated metals, and activity at non-durable goods plants including food and beverage manufacturing declined as well. Meanwhile, the composite index, which is an average of production, new orders, employment, supplier delivery time, and raw materials inventory indexes, dropped 13 points to -30 in April, the lowest composite reading in survey history.2020-04-23T15:04:58.12"
US New Home Sales Lowest in Near 1 Year,New Home Sales,"US New Home Sales Lowest in Near 1 YearUnited States New Home SalesSales of new single-family homes in the United States plunged 15.4 percent from the previous month to a seasonally adjusted annual rate of 627 thousand in March of 2020, below a downwardly revised 741 thousand in February. It is the lowest reading since May of 2019 and the biggest drop since July of 2013. However, further declines are expected in the coming months due to the coronavirus outbreak. Sales fell in the Northeast (-41.5 percent to 24 thousand), the West (-38.5 percent to 139 thousand), the Midwest (-8.1 percent to 79 thousand) and the South (-0.8 percent to 385 thousand). There were 333,000 new homes on the market, up 2.8 percent from February. At March's sales pace it would take 5.4 months to clear the supply of houses on the market. The median new house price rose to USD 321,400 from USD 310,600 a year ago. Year-on-year new home sales declined 9.5 percent.2020-04-23T14:12:00"
US Composite PMI Slumps to Record Low,Composite Pmi,"US Composite PMI Slumps to Record LowUnited States Composite PmiThe IHS Markit US Composite PMI slumped to 27.4 in April 2020 from 40.9 in the previous month, a preliminary estimate showed, signaling the steepest reduction in private sector output since the series began in late-2009. Both service and manufacturing sector companies registered marked contractions of output amid the coronavirus pandemic.2020-04-23T13:54:34.01"
US Stock Futures Flat,Stock Market,"US Stock Futures Flat United States Stock MarketUS stock index futures were about flat during the Asian trading session on Thursday, as investors await US jobless claims report due later in the day. Meantime, oil prices recovered, and Congress looked on course to approve nearly $500 billion more in aid to support small businesses affected by the coronavirus pandemic. On Wednesday, The Dow Jones added 457 points or 2% to 23,476. The S&P 500 climbed 63 points or 2.3% to 2799. The Nasdaq jumped 232 points or 2.8% to 8495..2020-04-23T01:50:20.733"
Dow Jones is up by 2%,stock market,Dow Jones is up by 2%United States stock marketDow Jones Industrial Average increased 2% to 234762020-04-22T18:34:34.41
US House Prices Rise 0.5% in February: FHFA,FHFA House Price Index MoM,"US House Prices Rise 0.5% in February: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.7 percent from a month earlier in February of 2020, following an upwardly revised 0.5 percent advance in January. Among Census divisions, the biggest gains were recorded in Middle Atlantic (1.2 percent), Mountain (1 percent) and East North Central (1 percent). Year-on-year, house prices went up 5.7 percent in January, with prices ranging from +4.2 percent in the West South Central division to +8.1 percent in the Mountain division.2020-04-22T13:14:10.383"
Global Coronavirus Cases Surpass 2.5M,Coronavirus Cases,"Global Coronavirus Cases Surpass 2.5MUnited States Coronavirus CasesReported COVID-19 cases around the world surpassed 2.5 million, of which more than 175 thousand died, and over 675 thousand recovered. In the US, the epicentre of the disease, the number of infections surpassed 820 thousand, around 32% of cases globally. Across the Atlantic, Spain, the worst-affected European country, registered 204,178 cases, followed by Italy (183,957) and France (156,522). The US is the country with more deaths caused by the virus, (43,545), followed by Italy (24,648) and Spain (21,282).2020-04-21T22:53:00"
US Stocks Tumble Despite House Deal,Stock Market,"US Stocks Tumble Despite House DealUnited States Stock MarketWall Street closed deeply in the red on the largest decline in almost three weeks, as plunging oil prices outweighed a new fiscal deal in Congress. On Tuesday, Brent prices plummeted 22% to extend Monday’s losses and a historic negative turn in WTI crude, as global demand slumps on extended social distancing measures. Meanwhile, the US Senate reached a $484 billion aid agreement that includes $60 billion in loans to small businesses and $75 billion in funding for hospitals and $25 billion for testing, with the rest going to the Paycheck Protection Program. The bill is expected to pass Tuesday afternoon and sent to the House. The Dow Jones lost 632 points or 2.7% to 23019 and the S&P 500 shed 87 points or 3.1% to 2737, both indices booking a near-two week low, while the Nasdaq retreated 298 points or 3.5% to a one-week low of 8263.2020-04-21T20:04:00"
US Stocks Extend Losses,Stock Market,"US Stocks Extend LossesUnited States Stock MarketWall Street traded more than 2% lower on Tuesday as oil prices remained under pressure, with the May future contract for WTI crude trading around $5 a barrel and the June contract plunging as much as 42% to around $12 per barrel. President Trump twitted that the administration is working on a plan to make funds available to help the oil industry. Investors also continue to monitor coronavirus updates as the number of infections in the US surpassed 800K and deaths 43K. President Trump said he will temporarily suspend immigration into the US to stop the spread of the disease and save Americans jobs. On the earnings front, Coca-Cola earnings beat forecasts and Netflix will release results after the closing bell.2020-04-21T16:02:00"
US Futures Rise,Stock Market,"US Futures Rise United States Stock MarketDow futures appear to be recovering after a volatile start to the week, following a slight rebound in oil prices. Crude prices have collapsed with WTI oil futures turning negative for the first time in history, as the coronavirus pandemic has crushed oil demand. On Monday, The Dow Jones plunged 592 points or 2.5% to 23,650. The S&P 500 retreated 51 points or 1.8% to 2823. The Nasdaq dropped 89 points or 1% to 8561..2020-04-21T01:04:29.523"
Dow Jones is down by 2.01%,stock market,Dow Jones is down by 2.01%United States stock marketDow Jones Industrial Average decreased 2.01% to 237562020-04-20T18:29:29.6
US 10-Year Yield Edges Lower,Government Bond 10Y,"US 10-Year Yield Edges LowerUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell to 0.621% on Monday amid a drop in risk appetite after oil prices plunged to levels not seen since 1998 due to storage concerns. Meanwhile, investors continue to monitor the worldwide spread of the coronavirus and its economic impact, when more than 2.4 million people have been infected and more than 166K died. 2020-04-20T13:19:00"
Dollar Appreciates on Monday,Currency,"Dollar Appreciates on MondayUnited States CurrencyThe dollar index rose 0.2% to 99.90 against a basket of its rivals on Monday as fears of a severe recession mounted, sending investors rushing for safety. Trump administration's plans to reopen the economy faced major obstacles as the Covid-19 pandemic showed no signs of easing. Meanwhile, investor focus turns to flash PMI data to be released later in the week, which will probably highlight the economic impact of the enforced lockdowns on major economies.2020-04-20T08:53:00"
US Futures Lack Direction,Stock Market,"US Futures Lack DirectionUnited States Stock MarketUS stock futures were lacking direction in Asia trade on Monday, with investors assessing the impact of the coronavirus outbreak in the global economy along with another sharp decline in crude prices. WTI crude prices slipped to their lowest since 1999, as the coronavirus pandemic erased demand for fuel. On Friday, The Dow Jones gained 705 points or 3% to 24,242, the highest since March 10th. The S&P 500 climbed 75 points or 2.7% to 2875. The Nasdaq jumped 118 points or 1.4% to 8650. 2020-04-20T01:14:31.417"
Coronavirus Treatment Expectations Give Pause to Soaring Dollar,Currency,"Coronavirus Treatment Expectations Give Pause to Soaring DollarUnited States CurrencyThe dollar index depreciated 0.3% to 99.7 against a basket of currencies on Friday, pausing two days of gains, as prospects of a drug treatment for coronavirus and plans to reopen the US economy lifted a bit investors’ risk appetite. Statnews reported that a Gilead Sciences’ drug is being effective in treating people with the disease and President Trump gave his guidelines to open up the US economy. For the week, the dollar increased by 0.2%.2020-04-17T21:15:00"
US 10-Year Treasury Yields Rise,Government Bond 10Y,"US 10-Year Treasury Yields RiseUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose to 0.64% on Friday, after the Federal Reserve announced that it would buy securities at a pace of about $15 billion a day, slower than around $30 billion a day this week. For the week, the US 10-year Treasury note dropped around 8bps.2020-04-17T20:50:00"
Coronavirus Treatment Expectations Give Pause to Soaring Dollar,Currency,"Coronavirus Treatment Expectations Give Pause to Soaring DollarUnited States CurrencyThe dollar index fell slightly to around 99.8 on Friday, pausing two days of gains, as prospects of a drug treatment for coronavirus and plans to reopen the US economy lifted a bit investors’ risk appetite. Statnews reported that a Gilead Sciences’ drug is being effective in treating people with the disease and President Trump gave his guidelines to open up the US economy.2020-04-17T13:49:40.327"
Coronavirus Treatment Expectations Give Pause to Soaring Dollar,Currency,"Coronavirus Treatment Expectations Give Pause to Soaring DollarUnited States CurrencyThe dollar index traded nearly flat around 100 on Friday, pausing two days of gains, as prospects of a drug treatment for coronavirus and plans to reopen the US economy lifted a bit investors’ risk appetite. Statnews reported that a Gilead Sciences’ drug is being effective in treating people with the disease and President Trump gave his guidelines to open up the US economy2020-04-17T11:15:49.127"
Dollar Extends Gains,Currency,"Dollar Extends GainsUnited States CurrencyThe dollar index strengthened for the 2nd straight session to 99.8 on Thursday, the strongest on a closing basis in a week, as mounting concerns about the economic impact of the coronavirus dampened risk appetite. On Wednesday, retail sales, industrial production and home builder sentiment for the US came much worse than expected, suggesting the economic damage from the coronavirus is more severe than anticipated. 2020-04-16T07:50:48.597"
US Stocks Close Lower on Weak Macro Data & Earnings,Stock Market,"US Stocks Close Lower on Weak Macro Data & EarningsUnited States Stock MarketWall Street closed in the red, as macro data and weak bank earnings fueled concerns over the coronavirus economic impact. On Wednesday, a report from the Commerce Department showed that retail sales plunged a record 8.7% in March. Meanwhile, manufacturing in the NY area also dropped by its biggest margin ever to a historic low, while national industrial production contracted the most in 74 years. On the corporate side, Bank of America traded lower after disappointing earnings, while Citigroup shares also tanked on falling revenue. The Dow Jones lost 445 points or 1.9% to 23504. The S&P 500 declined 63 points or 2.2% to 2783. The Nasdaq retreated 123 points or 1.4% to 8393.
2020-04-15T20:06:00"
US Treasury Yields Slump on Poor Economic Data,Government Bond 10Y,"US Treasury Yields Slump on Poor Economic DataUnited States Government Bond 10YUS Treasury yields declined on Wednesday, after latest data showed the US economy is being strongly damaged from the coronavirus pandemic, with retail sales dropping at a record pace during March; the industrial output contracting the most in 74 years; and the New York Federal Reserve's Empire State manufacturing index falling to the lowest in the data's history. Earlier, yields were already lower as oil prices slumped to 18-year lows. The 10-year Treasury note dropped to one-week low of 0.655%; and the 30-year note slipped to 1.29%, also a one-week low, while the 2-year bond yield fell below 0.2% for the first time in three years. 2020-04-15T15:02:00"
US Crude Stocks Rise at Record Pace for 2nd Week,Crude Oil Stocks Change,"US Crude Stocks Rise at Record Pace for 2nd WeekUnited States Crude Oil Stocks ChangeCrude inventories in the US jumped by 19.248 million barrels in the week ended April 10th 2020, the biggest one-week rise in crude inventories since the series began in 1982 and compared with market expectations of a 11.676 million advance, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went up by 4.914 million in the week, below market consensus of a 6.386 million increase.2020-04-15T14:35:00"
US Business Inventories Drop 0.4%,Business Inventories,"US Business Inventories Drop 0.4%United States Business InventoriesManufacturers’ and trade inventories in the US fell 0.4 percent from a month earlier in February of 2020, following an upwardly revised 0.3 percent drop in January and matching market expectations. Inventories declined for auto/parts (-0.8 percent); wholesalers (-0.7 percent); manufacturers (-0.4 percent); and retailers (-0.3 percent). Year-on-year, business inventories edged down 0.1 percent.2020-04-15T14:07:07.15"
US Homebuilder Sentiment Slumps to 8-Year Low,Nahb Housing Market Index,"US Homebuilder Sentiment Slumps to 8-Year LowUnited States Nahb Housing Market IndexThe NAHB housing market index in the US tumbled to 30 in April 2020, the lowest since June 2012 and well below market forecasts of 55. The current single-family sub-index declined to 36 from 79 in March; the sub-index for home sales for the next six months dropped to 36 from 75; and prospective buyers also went down to 13 from 56.2020-04-15T14:03:00"
US Stocks Fall on Retail Sales and Production Data,Stock Market,"US Stocks Fall on Retail Sales and Production DataUnited States Stock MarketWall Street traded lower on Wednesday after recent data suggests the impact of the coronavirus on the US economy may be harder than anticipated. In March, retail sales plunged at a record 8.7% and industrial production fell 5.4%, the most in 74 years, with both figures coming much worse than market forecasts. The earnings season continued with earnings from Bank of America and Goldman Sachs disappointing although Citigroup results beat.2020-04-15T13:33:00"
US Futures Extend Declines after Retail Sales Plunge,Stock Market,"US Futures Extend Declines after Retail Sales PlungeUnited States Stock MarketStock futures in the US extended losses on Wednesday after data showed retail sales plunged at a record 8.7% in March, suggesting the impact of the coronavirus on the economy may be harder than anticipated. Figures also showed industrial production fell 5.4%, the most in 74 years. The US has now more than 614 thousand people infected and more than 26 thousand already died. Also, traders will be monitoring earnings reports. Bank of America, Citigroup, Goldman Sachs and Morgan Stanley are expected to release earnings results today after reports from JPMorgan-Chase, Wells Fargo and Johnson & Johnson showed a mixed picture. On Tuesday, the Dow Jones climbed 559 points or 2.4% to 23,950; the S&P 500 jumped 84 points or 3.1% to 2846.; and the Nasdaq soared 323 points or 4% to 8516.2020-04-15T13:02:00"
Dollar Gains for 1st Time in 5 Sessions,Currency,"Dollar Gains for 1st Time in 5 SessionsUnited States CurrencyThe dollar index strengthened to 99.5 on Wednesday, the first gain in five days, as mounting concerns about the coronavirus impact on the global economy sent investors back to currencies currency considered a safe haven. The IMF said the global economy is expected to shrink by 3% this year and oil demand is seen plunging amid a slump in household spending and business closures and the recent record cut in oil production announced by major oil-producing countries seem not to be enough to offset it.2020-04-15T12:13:55.293"
President Trump Halt Funding to WHO,Coronavirus Cases,"President Trump Halt Funding to WHOUnited States Coronavirus CasesPresident Trump announced Tuesday that the United States will put a hold on funding to the World Health Organization, criticizing the international agency’s response to the coronavirus pandemic. The US has provided the agency with $893 million, nearly 15% of the WHO’s total funding, during the agency’s current two-year funding period.  2020-04-14T22:49:00"
API: US Crude Oil Inventories Rise the Most Since 2017,API Crude Oil Stock Change,"API: US Crude Oil Inventories Rise the Most Since 2017United States API Crude Oil Stock ChangeStocks of crude oil in the United States jumped by 13.143 million barrels in the week ended April 10th, 2020, following an 11.938 million rise in the previous week, data from the American Petroleum Institute showed. It was the biggest increase in oil inventories since the week ended February 3rd, 2017.  2020-04-14T20:52:00"
US Stocks Rise as Virus Outlook Improves,Stock Market,"US Stocks Rise as Virus Outlook ImprovesUnited States Stock MarketWall Street surged on Tuesday, as modest flattening of coronavirus curves outweighed the IMF warning of the worst slowdown since the Great Depression. The IMF forecasts now a 3% fall in global growth for 2020, dragged mainly by a 6.1% decline in developed economies, while emerging markets are expected to drop 1%. The Fund expects a 5.8% rebound in output for 2021. Updated projections come in the midst of a slowing pandemic curve in the US, with the number of cases currently at 603.5 thousand and daily growth rates falling. However, the death toll surged by 1555 to 25,195, with the lethality rate on the rise and currently at 4.2%. On the corporate side, shares of JPMorgan-Chase and Wells Fargo fell as the virus hit earnings. The Dow Jones climbed 559 points or 2.4% to 23,950. The S&P 500 jumped 84 points or 3.1% to 2846. The Nasdaq soared 323 points or 4% to 8516.
2020-04-14T20:06:00"
US Stocks Rise as Earnings Season Starts,Stock Market,"US Stocks Rise as Earnings Season StartsUnited States Stock MarketWall Street opened higher on Tuesday as the earnings season kicked in with mixed results: earnings from JPMorgan Chase and Wells Fargo came below expectations while earnings for Johnson & Johnson beat forecasts. Meanwhile, investors continue to assess the spread of the coronavirus in the country, when more than 587K people have been infected and over 23.6K died. On Monday, the NY Governor said “the worst is over if we continue to be smart going forward” and President Trump said that growth in new coronavirus infections stabilized.2020-04-14T13:33:00"
US Import Prices Drop Less than Expected,Import Prices MoM,"US Import Prices Drop Less than ExpectedUnited States Import Prices MoMImport prices in the US fell 2.3 percent from a month earlier in March of 2020, following an upwardly revised 0.7 percent decline in February and compared to market expectations of a 3.2 percent fall. It was the largest decline in import prices since January of 2015, mainly due to a 26.8 percent plunge in fuel prices, namely a 27.8 percent drop in petroleum which was the biggest decline since November of 2008. Excluding fuel, import prices were unchanged in March as lower cost for consumer goods and foods, feeds, and beverages offset advancing prices for automotive vehicles, nonfuel industrial supplies and materials, and capital goods. Year-on-year, import prices dropped 4.1 percent, the biggest decrease since June of 2016. 2020-04-14T12:36:00"
Dollar Depreciates Slightly after Chinese Data Lifts Investors' Mood,Currency,"Dollar Depreciates Slightly after Chinese Data Lifts Investors' MoodUnited States CurrencyThe dollar index traded slightly lower around 99.2 on Tuesday, the lowest on a closing basis since March 31st after trade data for China came better-than-expected, suggesting the drag from the coronavirus may be starting to fade. Also, investors await the earnings season to kick off this week, which is expected to be one of the most volatile and difficult due to the impact of the coronavirus.2020-04-14T10:55:45.947"
JPMorgan Chase earnings at 0.78 USD,Earnings,JPMorgan Chase earnings at 0.78 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 0.78 USD.2020-04-14T10:52:00.45
Johnson & Johnson earnings at 2.30 USD,Earnings,Johnson & Johnson earnings at 2.30 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.30 USD.2020-04-14T10:50:40.137
Dow Jones is down by 2%,stock market,Dow Jones is down by 2%United States stock marketDow Jones Industrial Average decreased 2% to 232462020-04-13T16:37:36.547
US 10-Year Treasury Yield Edges Up on Monday,Government Bond 10Y,"US 10-Year Treasury Yield Edges Up on MondayUnited States Government Bond 10YThe yield on the US 10-year Treasury yield rose to 0.75% on Monday, as investors digest an historic record cut in oil production by major producers and recent coronavirus developments. The US Centers for Disease Control and Prevention said the pandemic has stabilized across the US and the White House health advisor Dr. Anthony Fauci said some parts of the US could start start reopening as soon as May although there’s the possibility coronavirus reappears in the fall2020-04-13T13:25:00"
"Dollar Barely Unchanged as Investors Digest Coronavirus, Oil Cuts",Currency,"Dollar Barely Unchanged as Investors Digest Coronavirus, Oil CutsUnited States CurrencyThe dollar index was nearly flat at 99.5 on Monday as investors continue to assess the worldwide spread of the coronavirus ant its economic impact. At the same time, a record cut in oil production from main oil-producing countries was not enough to offset worries about a slump in demand. 2020-04-13T12:37:13.667"
US Dollar Quiet on Friday,Currency,"US Dollar Quiet on FridayUnited States CurrencyThe greenback was little changed on a light session to trade at 99.5 on Good Friday, as coronavirus contagion rates continue to stabilize. On Friday, President Trump said he’s not going to reopen the economy “until we know this country is going to be healthy.” Cases in the US surpassed 500 thousand and the death toll is approaching 19K.2020-04-10T20:47:00"
Dollar Retreats Slightly,Currency,"Dollar Retreats SlightlyUnited States CurrencyThe dollar index fell slightly to around 99.4 on Friday and was on track to post a weekly decline after the Fed’s announcement of a $2.3 trillion in loans to local governments and small businesses the day before eased investors’ concerns about funding and liquidity. Expectations that the coronavirus pandemic is reaching its peak also helped to boost risk appetite. So far this week, the dollar fell 1.1%.2020-04-10T11:48:03.35"
World Coronavirus Cases Surpass 1.5M,Coronavirus Cases,"World Coronavirus Cases Surpass 1.5MUnited States Coronavirus CasesThe number of people infected with the coronavirus across the world surpass 1.5 million, of which approximately 95 thousand died and near 351 thousand recovered. In the US, the epicentre of the disease, the number of infections surged to over 456 thousand, more than 28% of cases globally. Across the Atlantic, Spain, the worst-affected European country, registered around 152,446 infections, followed by Italy (143,626) and France (118,781). Italy is the country with more deaths caused by the virus with 18,279, followed by the US (16,074) and Spain (15,238). 2020-04-09T22:34:00"
Dow Jones is up by 2%,stock market,Dow Jones is up by 2%United States stock marketDow Jones Industrial Average increased 2% to 239002020-04-09T16:27:07.86
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketRussell 2000 increased to a 4-week high of 12482020-04-09T14:18:47.777
US Wholesale Inventories Revised Lower,Wholesale Inventories,"US Wholesale Inventories Revised LowerUnited States Wholesale InventoriesUS wholesale inventories decreased 0.7 percent from a month earlier in February 2020, compared to a 0.5 percent decline previously estimated and January's revised figure of a 0.6 percent drop. Auto stocks fell 1.9 percent, following a 0.8 percent decrease in January, and machinery inventories were down 0.4 percent, after being unchanged. In addition, inventories declined for computer equipment and petroleum. Year-on-year, wholesale inventories dropped 1.3 percent in February.2020-04-09T14:11:00"
US Producer Prices Fall Less than Expected,Producer Price Inflation MoM,"US Producer Prices Fall Less than ExpectedUnited States Producer Price Inflation MoMProducer prices for final demand in the US fell 0.2 percent from a month earlier in March of 2020, after declining 0.6 percent in February and compared with market expectations of a 0.4 percent decrease. Cost of goods went down 1 percent, the largest decline since moving down 1.1 percent in September of 2015, mainly due to a 6.7 percent drop in energy costs. In contrast, prices of services increased 0.2 percent, mainly due to a 8.1 percent rise in margins for apparel, jewelry, footwear, and accessories retailing. Core producer prices were 0.2 percent higher, above forecasts of a flat reading. Year-on-year, the PPI advanced 0.7 percent, the lowest rate since September of 2016.2020-04-09T12:33:00"
Dollar Trades Slightly Lower,Currency,"Dollar Trades Slightly LowerUnited States CurrencyThe dollar index traded slightly lower around 99 on Thursday as expectations that OPEC and its allies will agree to cut production today lifted oil prices and boosted commodity-related currencies. However, investors remain concerned about the coronavirus impact on the global economy as recent reports suggest the pandemic is far from controlled. 2020-04-09T10:39:00"
US Stocks Surge on Updated Virus Model,Stock Market,"US Stocks Surge on Updated Virus ModelUnited States Stock MarketWall Street closed deeply in the green, as the CDC revised downwardly its coronavirus death toll estimate. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, told Fox News that the death count is now lower than initially thought, with the new model now projecting 60 thousand deaths by August. On Wednesday, global covid-19 cases rose to nearly 1.5 million and the death toll rose to 87.7 thousand while US cases climbed to 422.4 thousand and deaths reached 14,463. Markets were also nudged by Senator Bernie Sanders quitting the US presidential race. Meanwhile, crude prices surged as much as 12% towards the end of the session following a Bloomberg report that Algeria´s oil minister said that OPEC+ would discuss a massive cut that could reach 10 million barrels per day. The Dow Jones surged 780 points or 3.4% to 23,434. The S&P 500 jumped 91 points or 3.4% to 2750. The Nasdaq climbed 204 points or 2.6% to 8091. 
2020-04-08T20:05:00"
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketS&P 500 increased to a 4-week high of 27572020-04-08T19:31:00.643
Dollar Little Changed After Fed Minutes,Currency,Dollar Little Changed After Fed MinutesUnited States CurrencyUS dollar was little changed around 100 on Wednesday afternoon as minutes of the last Federal Reserve meeting showed policymakers expected interest rates to remain at 0% to 0.25% until the economy has overcome recent events.2020-04-08T18:23:17.53
US Crude Stocks Post Biggest Weekly Rise on Record,Crude Oil Stocks Change,"US Crude Stocks Post Biggest Weekly Rise on RecordUnited States Crude Oil Stocks ChangeCrude inventories in the US jumped by 15.177 million barrels in the week ended April 3rd 2020, the biggest one-week rise in crude inventories since the series began in 1982 and compared with market expectations of a 9.271 million advance, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went up by 10.497 million in the week, well above market consensus of a 4.333 million increase.2020-04-08T14:36:00"
Dollar Reverses Most Gains,Currency,Dollar Reverses Most GainsUnited States CurrencyThe dollar index pared earlier gains to trade nearly flat below 100 on Wednesday as optimism about the coronavirus faded and investors digest latest coronavirus reports. The number of global infections rose towards 1.5 million and recent data in Europe and the US suggest it’s still too early to assume the outbreak is controlled.2020-04-08T14:23:00
US Stocks Rebound,Stock Market,"US Stocks Rebound United States Stock MarketUS stocks traded higher on Wednesday, attempting to recover from a late-day drop on Tuesday, although the trading session is expected to remain volatile as investors digest latest coronavirus reports. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said the death toll in the US is now lower than initially thought, and that there should be a turnaround after this week. The rate of new coronavirus cases slowed for the second straight day although deaths in the country increased by 1.8K, the most since the pandemic began. The US remains the most affected country, with more than 400K infections and near 13K deaths. On the political front, Bernie Sanders announced he has ended his presidential campaign, clearing Biden's path to the Democratic nomination.2020-04-08T13:34:00"
"US Stock Futures Rebound, Point to More Volatility",Stock Market,"US Stock Futures Rebound, Point to More VolatilityUnited States Stock MarketStock futures in the US traded slightly higher on Wednesday, reversing earlier losses and pointing to another volatile session. Coronavirus optimism faded as recent reports suggest the outbreak is far from controlled. The number of hospitalisations seems to be levelling off in NY although deaths in the country increased by 1.8K, the most since the pandemic began. The US remains the most affected country, with more than 400K infections and near 13K deaths. Investors also await FOMC minutes from the Fed emergency 100bps rate cut on March 15th, for more clues on the economic outlook and monetary tools available to help the economy. On Tuesday, the Dow Jones lost 26 points or 0.1% to 22,654; the S&P 500 retreated 4 points or 0.2% to 2659; and the Nasdaq shed 26 points or 0.3% to 78872020-04-08T11:06:00"
US Mortgage Applications Fall: MBA,Mortgage Applications,"US Mortgage Applications Fall: MBAUnited States Mortgage ApplicationsMortgage applications in the United States declined 17.9 percent in the week ended April 3rd of 2020, following a 15.3 percent rise in the previous week, data from the Mortgage Bankers Association showed. Refinance applications dropped 19.4 percent and applications to purchase a home fell 12.2 percent, the lowest since 2015. Meantime, the average fixed 30-year mortgage rate increased 2bps to 3.49 percent.2020-04-08T11:03:00"
Dollar Gains on Wednesday,Currency,Dollar Gains on WednesdayUnited States CurrencyThe dollar index bounced back to trade above 100 on Wednesday amid a rise in risk aversion as optimism about the coronavirus faded. The number of infections rose towards 1.5 million and recente reports in Europe and the US suggest it’s still to early to assume the outbreak is controlled.2020-04-08T10:06:36.917
World Coronavirus Cases Pass 1.4M,Coronavirus Cases,"World Coronavirus Cases Pass 1.4MUnited States Coronavirus CasesThe number of people infected with the coronavirus across the world surpass 1.4 million of which at least 81 thousand died and near 300 thousand recovered. In the US, the epicentre of the disease, the number of infections surged to over 390 thousand, more than 27% of cases globally. Across the Atlantic, Spain, the worst-affected European country, registered around 141,000 infections, followed by Italy (135,586) and Germany (107,663). Italy is the country with more deaths caused by the virus with 17,127, followed by Spain (14,045) and the US (11,013). 2020-04-07T22:18:00"
US Stocks Close Lower in Volatile Session,Stock Market,"US Stocks Close Lower in Volatile SessionUnited States Stock MarketWall Street closed in the red on Tuesday and reverted sharp early-sessions gains, as declining US coronavirus cases were outweighed by sticky contagion rates abroad. On Tuesday, Treasury Secretary Steven Mnuchin said he spoke with congressional leaders to seek an additional $250 billion in loans for small businesses. Global covid-19 cases advanced to 1.41 million on Tuesday and the death toll rose to 81,249, while US cases climbed to 388 thousand and deaths reached 12,400. Also, New York had its deadliest day, but cases appear to be flattening. On Tuesday, France’s death toll soared to 10,328 (+1417 in a single day), while the growth of cases doubled from Monday. The Dow Jones lost 26 points or 0.1% to 22,654. The S&P 500 retreated 4 points or 0.2% to 2659. The Nasdaq shed 26 points or 0.3% to 7887.
2020-04-07T20:04:00"
US Consumer Credit Accelerates,Consumer Credit,"US Consumer Credit AcceleratesUnited States Consumer CreditConsumer credit in the United States went up by USD 22.33 billion in February, up from an upwardly revised USD 12.1 billion gain in January and well above market expectations of a USD 14 billion rise. Revolving credit including credit card borrowing increased USD 4.2 billion after declining a revised USD 2.4 billion in the previous month. Meanwhile, non-revolving credit including loans for education and automobiles jumped USD 18.1 billion after a revised USD 14.5 billion climb in the prior month. Year-on-year, credit grew 6.4 percent, up from a 3.5 percent expansion in January.2020-04-07T19:07:00"
US Job Openings Beat Forecasts,Job Offers,"US Job Openings Beat ForecastsUnited States Job OffersThe number of job openings in the US decreased by 130 thousand to 6.882 million in February 2020 from a revised 7.012 million in the previous month and above market expectations of 6.6 million. Job openings decreased in real estate and rental and leasing (-30,000) and information (-29,000). The number of job openings was little changed in all four regions.2020-04-07T14:02:00"
US Stocks Gain for 2nd Session,Stock Market,"US Stocks Gain for 2nd SessionUnited States Stock MarketWall Street traded higher on Tuesday, extending an over 7% rally in the previous session as investors remain optimistic that the spread of the coronavirus may be slowing in the US and worldwide. Hopes of more stimulus measures also boosted sentiment, after Speaker Nancy Pelosi said that the next aid package to support the US economy will top $1 trillion. Still, concerns about the number of infections mount, as the US has already reported more than 370K cases and over 11K deaths.2020-04-07T13:32:00"
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketNASDAQ 100 increased to a 4-week high of 83362020-04-07T13:30:02.547
US 10-Year Treasury Yields Continue to Rise,Government Bond 10Y,"US 10-Year Treasury Yields Continue to RiseUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose for the 2nd session to 0.748% on Tuesday, amid encouraging signs that the coronavirus spread is slowing in Europe and the US. 2020-04-07T10:44:00"
Dollar Falls on Tuesday,Currency,"Dollar Falls on TuesdayUnited States CurrencyThe dollar index retreated to around 100.1 on Tuesday, the lowest on a closing basis since April 1st amid an improvement in risk appetite as investors welcomed signs of a slowdown in the worldwide spread of the coronavirus. The dollar has been under pressure since the beginning of March as persistent uncertainty regarding the global impact of the coronavirus, lockdown measures and business closures prompted funding and liquidity needs.2020-04-07T07:47:00"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketUS stock index futures rose in early Asian trading on Tuesday, as the rate of new coronavirus infections appeared to slow in the US. New York Governor Andrew Cuomo said on Monday that the data suggested that the spread of the virus in New York is nearing its apex, following a second straight day without a large rise in new deaths. On Monday, the Dow Jones surged 1628 points or 7.7% to 22,680. The S&P 500 soared 175 points or 7% to 2664. The Nasdaq jumped 540 points or 7.3% to 7913.2020-04-07T00:35:00"
US Stocks Surge on Stabilization Hopes,Stock Market,"US Stocks Surge on Stabilization HopesUnited States Stock MarketWall Street soared on Monday, as confidence was nudged by declining growth rates of US coronavirus cases. New cases on Monday totaled just 28,200, well below 32,100 cases on Friday and 33,260 cases on Saturday. In addition, the Trump administration noted on Sunday that there are signs of stabilization in hospital rates. The US currently leads the world in new coronavirus cases with over 356 thousand thus far. Abroad, oil failed as output cuts haven’t yet been agreed, while UK Prime Minister Boris Johnson was moved to an intensive care unit after coronavirus symptoms worsened. The Dow Jones surged 1628 points or 7.7% to 22,680. The S&P 500 soared 175 points or 7% to 2664. The Nasdaq jumped 540 points or 7.3% to 7913.
2020-04-06T20:04:00"
Wall Street Jumps,Stock Market,"Wall Street JumpsUnited States Stock MarketUS stocks surged more than 5% on Monday, rebounding from the previous week sell-off, after the Trump administration noted signs the coronavirus outbreak is beginning to level off or stabilize. The death toll in NY fell for the first time to 594 new deaths on Sunday from 630 on Saturday. Slowing rate of new infections and deaths in Italy, Spain and Germany also gave some hope that current social distancing measures and lockdowns are being effective in controlling the disease.2020-04-06T16:30:43.25"
US 10-Year Treasury Yields Rise,Government Bond 10Y,"US 10-Year Treasury Yields RiseUnited States Government Bond 10YThe yield on the US 10-year Treasury note went up to 0.66% on Monday, the highest on a closing basis in 4 sessions, as investors welcomed signs the coronavirus spread slowed in the US and in Europe during the weekend.2020-04-06T14:00:00"
Wall  Street Jumps on Monday,Stock Market,"Wall  Street Jumps on MondayUnited States Stock MarketUS stocks surged more than 4% on Monday after the Trump administration noted signs the coronavirus outbreak in the country is beginning to level off or stabilize. The death toll in NY fell for the first time to 594 new deaths on Sunday from 630 on Saturday. Slowing rate of new infections and deaths in Italy, Spain and Germany also gave some hope that current social distancing measures and lockdowns are being effective in controlling the disease.2020-04-06T13:35:00"
US Stock Futures Rally,Stock Market,"US Stock Futures RallyUnited States Stock MarketUS stock futures jumped on Monday, pointing to a sharp rise at the open as investors sentiment received a boost after President Trump said he sees signs the coronavirus pandemic is beginning to level off. New York State reported 594 new coronavirus deaths on Sunday, fewer than 630 on Saturday, recording the first daily decline in deaths. Slowing death rates in some countries around the world also offered up some hope that social distancing measures are working. On Friday, the Dow Jones lost 361 points or 1.7% to 21053; the S&P 500 fell 38 points or 1.5% to 2489, and the Nasdaq shed 114 points or 1.5% to 7373.2020-04-06T12:33:00"
Dollar Appreciates for 4th Day,Currency,"Dollar Appreciates for 4th DayUnited States CurrencyThe US dollar strengthened for a fourth straight session on Monday as investors continue to take shelter in the US currency amid worsening economic fallout from the coronavirus pandemic. The DXY traded above 100.7, the highest on a closing basis since March 24th.2020-04-06T08:46:49.85"
Dollar Appreciates Further,Currency,"Dollar Appreciates FurtherUnited States CurrencyThe US dollar strengthened for a fourth straight session during overnight trading, as investors continued to take shelter in the US currency amid worsening economic fallout from the coronavirus pandemic.2020-04-05T22:47:43.653"
US 10-Year Treasury Yield Falls after Jobs Data,Government Bond 10Y,"US 10-Year Treasury Yield Falls after Jobs DataUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell for the third consecutive day to 0.58% on Friday, the lowest on a closing basis since March 9th as investors continue to seek for safe haven assets amid fears about the economic impact of the coronavirus pandemic. US employment report showed that economy shed 701K jobs in March, much worse than market expectations of 100K but not as bad as in 2008. Figures come after Thursday’s claims report which showed the number of Americans filling for unemployment benefits jumped to 6.648 million in the latest week. 2020-04-03T15:00:00"
US Composite PMI Falls to Record Low,Composite Pmi,"US Composite PMI Falls to Record LowUnited States Composite PmiThe IHS Markit US Composite PMI was revised higher to 40.9 in March 2020 from a preliminary estimate of 40.5 and compared to February's 49.6. The latest reading pointed to the largest overall decline in private sector output since comparable data were available in late-2009 due to the outbreak of COVID-19 and the impact of measures to contain the pandemic on the economy. New business fell sharply and firms cut workforce numbers at a rate not seen since 2009, as backlogs of work were reduced further. On the price front, input costs and selling prices declined amid reduced demand for inputs and US produced goods and services. Looking ahead, business expectations regarding output in the year ahead was the lowest on record, as the period of COVID-19 disruption remains unknown.2020-04-03T14:06:11.4"
"US Services PMI Revised Higher, Still Lowest on Record",Services PMI,"US Services PMI Revised Higher, Still Lowest on RecordUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 39.8 in March 2020 from a preliminary estimate of 39.1, still signaling the steepest decline in output since data collection began in October 2009. New business contracted at a record pace, with exports also falling sharply, as the coronavirus pandemic led to business closures and sharply reduced client demand. In addition, the pace of job shedding was the joint-fastest since December 2009 as lower activity resulted in redundancies and enforced hiring freezes, while the depletion of backlogs of work was the quickest in the series history. On the price front, input cost prices decreased for the first time since last September, while output charges fell the most on record as service providers sought to retain clients and attract new customers. Looking ahead, business confidence dropped to an all-time low due to uncertainty surrounding both the longevity of the outbreak of COVID-19 and the following economic recovery.2020-04-03T13:55:00"
Dollar Remains Strong after Weak Jobs Report,Currency,"Dollar Remains Strong after Weak Jobs ReportUnited States CurrencyThe DXY index held on to its gains and traded above 100.7 on Friday after data showed US employers cut 701,000 jobs last month after 113 straight months of employment growth, and the jobless rate climbed to an over two-year high of 4.4 percent as the Covid-19 crisis threw millions out of work. The dollar is on track to gain 2.5% on the week as concerns over the economic impact of the global coronavirus pandemic continue to drive investors to safe haven currencies.2020-04-03T12:57:00"
US Labor Force Participation Rate Drops to 62.7%,Labor Force Participation Rate,"US Labor Force Participation Rate Drops to 62.7%United States Labor Force Participation RateThe labor force participation rate in the US decreased by 0.7 percentage point over the month to 62.7 percent, the lowest since August 2018. Total employment fell by 3.0 million to 155.8 million, and the employment-population ratio, at 60.0 percent, dropped by 1.1 percentage points over the month.2020-04-03T12:42:24.233"
US Economy Sheds 701K Jobs,Non Farm Payrolls,"US Economy Sheds 701K JobsUnited States Non Farm PayrollsThe US economy lost 701 thousand jobs in March, much worse than market expectations of a 100K cut, reflecting the effects of the coronavirus and efforts to contain it. It is the first decline in payrolls since September of 2010 but the figures were not as bad as those seen in 2008 as the number excludes the last two weeks of March when unemployment claims surged by nearly 10 million.
About two-thirds of job loses occurred in leisure and hospitality, mainly in food services and drinking places. Employment also declined in health care and social assistance, professional and business services, retail trade, and construction.2020-04-03T12:32:00"
US Wage Growth Above Forecasts,Average Hourly Earnings,"US Wage Growth Above ForecastsUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls increased by 11 cents, or 0.4 percent over the month to USD 28.62 in March of 2020, after increasing 0.3 percent in February and surprising markets who expected a 0.2 percent gain. This was the strongest increase in wages since last November. Year-on-year, average hourly earnings have increased by 3.1 percent, slightly above 3 percent in the prior month and market consensus of 3 percent. In March, average hourly earnings of private-sector production and nonsupervisory employees increased by 10 cents to USD 24.07.




2020-04-03T12:31:00"
Dollar Extends Gains,Currency,Dollar Extends GainsUnited States CurrencyThe DXY rose for the 3rd straight session to trade above 100.5 on Friday as concerns over the economic impact of the global coronavirus pandemic continue to drive investors to safe haven currencies. The dollar is on track to gain 2.5% on the week. 2020-04-03T10:05:00
US Futures Drop,Stock Market,"US Futures DropUnited States Stock MarketUS stock futures traded lower in early pre-market trade on Friday, leaving Wall Street on track to post a weekly loss. The US stocks have rebounded in the previous session, as a surge in oil prices outweighed a massive spike in unemployment claims. On Thursday, The Dow Jones gained 470 points or 2.2% to 21413. The S&P 500 added 56 points or 2.3% to 2527. The Nasdaq climbed 127 points or 1.7% to 7487.2020-04-03T00:44:00"
Dollar Shrugs Off Record US Jobless Claims,Currency,"Dollar Shrugs Off Record US Jobless ClaimsUnited States CurrencyThe dollar appreciated further during the Asian session on Friday, as concerns over the economic impact of the global coronavirus pandemic drove investors to take shelter in the greenback. The number of Americans filing for unemployment benefits surged to 6.648 million in the latest week. 2020-04-02T20:21:00"
US Stocks Rebound Nudged by Oil,Stock Market,"US Stocks Rebound Nudged by OilUnited States Stock MarketWall Street rebounded on Thursday in a wild session, as a surge in oil prices outweighed a massive spike in unemployment claims. Crude prices surged more than 20% after President Donald Trump told CNBC he spoke with Russian President Vladimir Putin and Saudi Crown Prince Mohammad Bin Salman, tweeting he expects both countries to cut output by about 10 million barrels or even 15 million barrels. Energy shares surged, led by oil producers. The news outweighed a report from the Labor Department that showed a record of more than 6 million people filing for jobless benefits in the week of March 27. Meanwhile, global coronavirus cases hit 1 million, with more than 238 thousand in the US alone. The Dow Jones gained 470 points or 2.2% to 21413. The S&P 500 added 56 points or 2.3% to 2527. The Nasdaq climbed 127 points or 1.7% to 7487.
2020-04-02T20:04:00"
COVID-19 Cases Hit 1 Million,Coronavirus Cases,"COVID-19 Cases Hit 1 Million United States Coronavirus CasesThe number of people infected with the coronavirus across the world surpassed 1,000,000 on Thursday of which at least 51,000 died and near 210,000 recovered. In the US, the epicentre of the disease, the number of infections surged to over 230,000, more than 23% of cases globally. Across the Atlantic, Italy remains the most affected country registering around 115,200 infections, followed by Spain (110,238) and Germany (84,600). Italy is the country with more deaths caused by the virus with 13,915, followed by Spain (10,003), the US (5,373) and France (4,503).2020-04-02T19:54:08.447"
Wall Street Lacks Direction,Stock Market,"Wall Street Lacks DirectionUnited States Stock MarketWall Street put in a mixed performance on Thursday, as another record surge in US jobless claims exacerbated fears over the coronavirus and its impact on the economy pulling the market away from its intra-day high. Stocks initially rode after a surge in oil prices boosted energy stocks. The Dow Jones dropped 69 points or 0.4%; the S&P 500 rose 5 points or 0.2%, and the Nasdaq added 18 points or 0.3% in late afternoon trading. 2020-04-02T18:27:00"
Dow Jones is up by 2%,stock market,Dow Jones is up by 2%United States stock marketDow Jones Industrial Average increased 2% to 213592020-04-02T16:18:15.753
ISM New York Index at Record Low in March,Ism New York Index,"ISM New York Index at Record Low in MarchUnited States Ism New York IndexThe ISM New York Current Business Conditions slumped to a record low of 12.9 in March of 2020 from 51.9 in the previous month. Sharp decreases were seen for employment (36.7 from 49.3), purchases (32.7 from 41.7), current revenues (28.6 from 58.3) and expected revenues (38.9 from 50). Price pressures also eased (50 from 54.2). The Six-Month Outlook fell to 37.9 but has not yet reached the lowest level on record of 31 in November of 2008.2020-04-02T14:36:26.98"
Dollar Above 100 after Claims Report,Currency,"Dollar Above 100 after Claims ReportUnited States CurrencyThe dollar index reversed earlier losses to trade above 100 on Thursday after the claims and the Challenger report pointed to a bigger economic pain from the coronavirus drag. Initial jobless claims jumped to a new record of 6.648 million in the latest week, well above expectations of 3.5 million and the Challenger report showed US companies cut 222.28 thousand jobs in March, the most since January of 2009. Earlier, the DXY fell slightly to trade below 99.5 after a surge in oil prices lifted investors’ mood and eased pressure on commodity-linked currencies.2020-04-02T14:00:19.403"
US 10-Year Treasury Yield at Near 1-Month Low,Government Bond 10Y,"US 10-Year Treasury Yield at Near 1-Month LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell for the second consecutive day to 0.59% on Thursday, the lowest on a closing basis since March 9th as investors continue to look for safe haven assets like bonds amid mounting uncertainties about the economic impact of the coronavirus. The claims report showed the number of Americans filling for unemployment benefits jumped to 6.648 million in the week ended March 28th, a new record high and well above expectations of 3.5 million. The Challenger report showed US companies cut 222.28 thousand in March, the most since January of 2009, raising concerns that the impact of the outbreak may be much worse than expected. 2020-04-02T12:53:00"
US Imports Drop to Over 2-Year Low in February,Imports,"US Imports Drop to Over 2-Year Low in FebruaryUnited States ImportsImports to the United States fell USD 6.3 billion from the previous month to USD 247.5 billion in February 2020, its lowest since October 2017, due to decreases in purchases of capital goods, in particular computers, telecommunication equipment and computer accessories; industrial supplies & materials, led by fuel oil and organic chemicals; and consumer goods. In contrast, purchases of automotive vehicles, parts, and engines rose, namely passenger cars. On a non seasonally adjusted basis, imports from China tumbled 31.4 percent to the lowest since May of 2009 and those to Canada dropped 4 percent. On the other hand, purchases rose from Japan (2.1 percent) and Mexico (2.6 percent).2020-04-02T12:34:00"
US Exports Fall 0.4% in February,Exports,"US Exports Fall 0.4% in FebruaryUnited States ExportsExports from the United States dropped USD 0.8 billion from the previous month to USD 207.5 billion in February 2020, led by declines in sales of consumer goods, namely pharmaceutical preparation and gem diamonds. Meanwhile, sales increased for industrial supplies & materials, in particular fuel oil and other petroleum products; and automotive vehicles, parts, and engines. Exports of services particularly travel, were down USD 1.3 billion. On a non seasonally adjusted basis, exports to China dropped 5.5 percent to the lowest since June of 2010 and those to Mexico went down 6.9 percent. In contrast, there were increases in sales to Japan (11.6 percent), the EU (5 percent) and Canada (2.6 percent).2020-04-02T12:33:00"
US 10-Year Treasury Yield at Near 1-Month Low,Government Bond 10Y,"US 10-Year Treasury Yield at Near 1-Month LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell for the second consecutive day to 0.59% on Thursday, the lowest on a closing basis since March 9th as investors continue to look for safe haven assets like bonds amid mounting uncertainties about the economic impact of the coronavirus. Investors also await the claims report release later in the day, with markets anticipating a fresh high of 3.5 million initial claims. 2020-04-02T11:17:00"
Dollar Depreciates Slightly on Thursday,Currency,Dollar Depreciates Slightly on ThursdayUnited States CurrencyThe dollar index fell slightly to trade below 99.5 on Thursday after a surge in oil prices lifted investors’ mood and eased pressure on commodity-linked currencies. Oil prices were up more than 10% amid expectations that Saudi Arabia and Russia will soon reach a deal to solve the oil-price dispute. The US dollar has been rising since the beginning of March as uncertainties regarding the coronavirus impact on the global economy prompted a rush for liquidity and funding.2020-04-02T10:18:16.473
US Futures Rise,Stock Market,"US Futures RiseUnited States Stock MarketWall Street was set to open slightly higher on Thursday, as markets try to rebound from a sharp sell-off Wednesday. President Trump offered a glum outlook on the coronavirus for the next two weeks, with White House officials projecting between 100,000 and 240,000 virus deaths in the US. On Wednesday, the Dow Jones sank 974 points or 4.4% to 20944. The S&P 500 plummeted 114 points or 4.4% to 2471. The Nasdaq plunged 340 points or 4.4% to 7361.2020-04-02T00:26:12.937"
US Stocks Tank as Virus Spreads,Stock Market,"US Stocks Tank as Virus SpreadsUnited States Stock MarketWall Street extended declines on Wednesday, as coronavirus concerns mount and employment data continue to paint a grim economic outlook. On Tuesday evening, President Trump warned that people should prepare for a “very painful two weeks” from the pandemic. The White House now projects between 100 and 240 thousand virus deaths in the US. Domestic cases surpassed 209 thousand, while the death toll rose to 4658. Meanwhile, more than 900 thousand cases around the world have been confirmed. On the macro side, ADP and Moody’s Analytics data showed that US firms cut 27 thousand jobs through March 12, indicative of further losses to come on Friday when nonfarm payroll numbers are released. The Dow Jones sank 974 points or 4.4% to 20944. The S&P 500 plummeted 114 points or 4.4% to 2471. The Nasdaq plunged 340 points or 4.4% to 7361.
2020-04-01T20:05:00"
US Manufacturing PMI Lowest since 2009: Markit,Manufacturing PMI,"US Manufacturing PMI Lowest since 2009: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised down to 48.5 in March of 2020 from a preliminary of 49.2 and below 50.7 in February. The reading pointed to the worst contraction in the manufacturing sector since August of 2009 amid weak domestic and foreign demand conditions following the outbreak of coronavirus. Output contracted solidly, dropping at the sharpest pace for over a decade as factories shutdown and client demand dropped sharply. New orders fell at the joint-fastest pace since June of 2009, commonly linked to demand slumping due to the virus, with firms also registering a solid downturn in new export orders. Manufacturers cut their workforce numbers at the sharpest rate since October of 2009 and input prices rose only slightly. Finally, fears surrounding the longevity of shutdowns and the slow recovery thereafter led to the lowest degree of confidence since data collection for the series began in July of 2012.
2020-04-01T13:52:00"
US Mortgage Applications Rise in Latest Week,Mortgage Applications,"US Mortgage Applications Rise in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States climbed 15.3 percent in the week ended March 27th 2020, after declining 29.4 percent in the previous week, data from the Mortgage Bankers Association showed. Refinance applications rose 25.5 percent while applications to purchase a home dropped 10.8 percent. Meantime, the average fixed 30-year mortgage rate decreased 35bps to 3.47 percent, the lowest on record.2020-04-01T11:02:00"
US Treasury Yields Decline,Government Bond 10Y,"US Treasury Yields DeclineUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell for the second straight day to 0.62% on Wednesday, the lowest since March 10th as investors run away from risky assets amid mounting concerns about the economic impact of the coronavirus. Meanwhile, the yield on the US 30-year Treasury bond also fell to 1.29%.2020-04-01T10:07:43.44"
US Stock Futures Point to Another Fall at the Open,Stock Market,"US Stock Futures Point to Another Fall at the OpenUnited States Stock MarketStock futures in the US fell on Wednesday, extending Q1 record losses, after the White House projected between 100K and 240K deaths in the US and President Trump warned the next 2 to 3 weeks will be very painful for Americans. The number of coronavirus cases in the country is approaching 190K and the death toll passed 4K. On Tuesday, the Dow Jones retreated 410 points or 1.8% to 21,917. The S&P 500 lost 42 points or 1.6% to 2585 and the Nasdaq declined 74 points or 1% to 7700. In the first quarter of 2020, the Dow Jones lost more than 23%; the most since 1987; the S&P 500 was down 20%, the most since 2008 and the Nasdaq fell nearly 11%, the most since 2008. All 3 key stock indexes posted first-quarter record losses. 2020-04-01T06:47:00"
US Futures Extend Losses,Stock Market,"US Futures Extend LossesUnited States Stock MarketWall Street's main indexes were set to open lower on Wednesday, following the end of the worst first-quarter performances ever for the Dow and S&P 500 on growing concerns of the scale of the damage caused by the coronavirus outbreak on the global economy. On Tuesday, The Dow Jones retreated 410 points or 1.8% to 21,917. The S&P 500 lost 42 points or 1.6% to 2585. The Nasdaq declined 74 points or 1% to 7700. In the first quarter of 2020, the Dow Jones lost more than 23%; the most since 1987; the S&P 500 was down 20%, the most since 2008 and the Nasdaq fell nearly 11%, the most since 2008. 2020-04-01T00:19:02.03"
US Stocks Book Deep Quarterly Loss,Stock Market,"US Stocks Book Deep Quarterly LossUnited States Stock MarketWall Street closed in the red to book the worst first quarter ever with the S&P falling 20% on quarter, as investors prepare for employment data to assess the macroeconomic impact of social distancing measures. On Tuesday, coronavirus cases in the US surpassed 180 thousand, while the death toll stood at 3580. Goldman Sachs warned that the economy would go through an unprecedented drop in Q2 but that the recovery would then be the fastest on record. The Dow Jones retreated 410 points or 1.8% to 21,917. The S&P 500 lost 42 points or 1.6% to 2585. The Nasdaq declined 74 points or 1% to 7700. Since the beginning of 2020, the Dow Jones lost more than 23%; the most since 1987; the S&P 500 was down 20%, the most since 2008 and the Nasdaq fell nearly 11%, the most since 2008.
2020-03-31T20:03:00"
Dow Jones is down by 2%,stock market,Dow Jones is down by 2%United States stock marketDow Jones Industrial Average decreased 2% to 218822020-03-31T19:24:21.48
US Stocks Fall in Volatile Session,Stock Market,"US Stocks Fall in Volatile SessionUnited States Stock MarketUS stocks erased early gains in another volatile session on the last trading day of the quarter, as investors remain concerned about a global recession as the number of coronavirus infections in the US rose above 165K with cases in New York jumping to over 75K. Meantime, the Trump administration and the Congress are preparing the fourth stimulus package and the Fed announced a temporary lending facility agreement for central banks. Considering the 1st quarter, the Dow Jones is down more than 21% and is on pace to book its worst quarter since 1987; the S&P 500 is down near 18%, the worst since 2008; and the Nasdaq is off near 13%.2020-03-31T16:49:00"
US Stocks Gain Steam,Stock Market,"US Stocks Gain Steam United States Stock MarketUS stocks rose after a volatile start on the final trading day of the quarter, as latest economic data showed consumer confidence dropped less than expected in March. Still, investors remain concern about a global recession amid the coronavirus pandemic as the number of infections around the world surpassed 800K while in the US, the most affected country in the globe, rose above 165K. Meantime, the Trump administration and the Congress are preparing a fourth stimulus package to fight the spread of the coronavirus and lift the US economy and the Fed announced a temporary lending facility agreement for central banks, aiming to provide an alternative source of US dollars. Considering the 1st quarter of the year, the Dow Jones is down more than 21% and is on pace to book its worst quarter since 1987; the S&P 500 is down near 18%, the worst since 2008; and the Nasdaq is off near 13%.2020-03-31T14:55:00"
US Treasury Yields Went Down,Government Bond 10Y,US Treasury Yields Went DownUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell to 0.69% on Tuesday as worries about the global impact of the coronavirus pandemic continue to weigh on investors’ risk appetite. The yield on the US 30-year Treasury bond also went down to 1.322%. 2020-03-31T14:07:45.703
US Home Price Growth Below Forecasts: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Price Growth Below Forecasts: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US increased 3.1 percent year-on-year in January 2020, following a revised 2.8 percent advance in the previous month and missing market expectations of a 3.2 percent rise. Phoenix recorded the biggest increase in home prices (6.9 percent), folllowed by Seattle (5.1 percent) and Tampa (5.1 percent), while the smallest gains were seen in Chicago (0.6 percent) and New York (0.8 percent). The national index, covering all nine US census divisions, advanced 3.9 percent, up from 3.7 percent in the previous month.2020-03-31T13:08:00"
US Stock Futures Turn Negative,Stock Market,"US Stock Futures Turn NegativeUnited States Stock MarketStock futures in the US pointed to a negative start in another volatile session on Tuesday, following Monday’s sharp rebound, as global recession fears mounted and the number of coronavirus cases in the world's largest economy approached 165,000. Meanwhile, the Trump administration and Congress are preparing a fourth stimulus package to fight the spread of the coronavirus and lift the US economy. Among single stocks, Johnson & Johnson announced a vaccine candidate that could be available early next year. On Monday, the Dow Jones climbed 691 points or 3.2% to 22328. The S&P 500 jumped 85 points or 3.4% to 2627. The Nasdaq added 272 points or 3.6% to 7774. Considering Q1, the Dow Jones is down more than 21% and is on pace to book its worst quarter since 1987; the S&P 500 is down near 18%, the worst since 2008; and the Nasdaq is off near 13%.2020-03-31T12:21:00"
Dollar Appreciates on Tuesday,Currency,"Dollar Appreciates on TuesdayUnited States CurrencyThe dollar index strengthened for the second consecutive session to trade near 99.6 on Tuesday, as investors braced for prolonged uncertainty amid doubts whether all the stimulus will be enough to help the global economy offset the impact of the coronavirus pandemic.2020-03-31T09:10:48.987"
US Futures Rise Slightly,Stock Market,"US Futures Rise SlightlyUnited States Stock MarketUS futures rose in overnight trading, continuing Monday’s sharp rebound as the US government’s relief package and the unprecedented support from the Fed lifted sentiment. Healthcare stocks have led part of the climb after Johnson & Johnson announced a vaccine candidate that could be available early next year. On Monday, the Dow Jones climbed 691 points or 3.2% to 22328. The S&P 500 jumped 85 points or 3.4% to 2627. The Nasdaq added 272 points or 3.6% to 7774.2020-03-30T22:28:00"
US Treasury Yields Fall,Government Bond 10Y,"US Treasury Yields FallUnited States Government Bond 10YThe yield on the US 10-year Treasury note went down to 0.6558% on Monday, the lowest in 2 weeks amid mounting concerns about the economic impact of the coronavirus as the number of cases in the country is increasing rapidly and President Trump extended the national social distancing guidelines to April 30th, backing off his hopes that the US economy will reopen by Easter. Meanwhile, the yield on the US 30-year Treasury bond declined to 1.2486%.2020-03-30T10:25:00"
US Stock Futures Lack Direction,Stock Market,"US Stock Futures Lack DirectionUnited States Stock MarketStock futures in the US swung between gains and losses on Monday, bracing for another volatile week, as investors digest latest coronavirus updates and try to assess whether announced fiscal and monetary stimulus will be enough to offset the economic impact of the pandemic. The number of coronavirus cases in the US passed 140K and the death toll is approaching 2.5K. Dr. Anthony Fauci, a key member of the White House's coronavirus task force, told CNN the number of deaths in the country could reach 200K. President Donald Trump extended the national social distancing guidelines to April 30th, backing off his hopes that the US economy will reopen by Easter. 2020-03-30T06:46:00"
Dollar Hovers Near 2-Week Low,Currency,"Dollar Hovers Near 2-Week LowUnited States CurrencyThe US dollar hovered near a two-week low of 98.30, on mounting concerns due to the rapid spread of the coronavirus across the country. President Donald Trump extended the national social distancing guidelines to April 30, amid expectations that the number of deaths there could increase to 100 times what the country has seen so far.2020-03-30T00:22:00"
US Stock Futures Fall,Stock Market,"US Stock Futures FallUnited States Stock MarketUS stock futures traded lower in pre-market on Monday, as investors focused back on the coronavirus outbreak after the US death toll climbed above 2,000 over the weekend. Markets are expected to remain volatile on doubts whether additional stimulus measures by the US would be enough to offset the economic impact of the coronavirus outbreak. Dow Jones futures dropped 344 points or 1.7%; The S&P 500 futures fell 42 points or 1.7%; The Nasdaq 100 futures went down 84 points or 1.1%.2020-03-29T22:07:00"
"Coronavirus Cases in US Surpass 100,000",Coronavirus Cases,"Coronavirus Cases in US Surpass 100,000United States Coronavirus CasesThe number of people infected with the Covid-19 in the United States surpassed 100,000 late Friday afternoon, with New York becoming the epicenter of the pandemic in the country and reporting more than 44,000 infections with hospitalizations. Meanwhile, President Trump signed a massive $2.2 trillion relief package aiming to support households and businesses hurt by the coronavirus crisis. Globally the count of people with the virus approached 600,000, with Italy reporting the second-most cases with more than 86,000 and China reporting more than 81,000. Italy has the most deaths with over 9,000, followed by Spain, China, Iran, France and the US.2020-03-27T22:59:00"
"US Stocks Tank, Still Book Solid Weekly Gains",Stock Market,"US Stocks Tank, Still Book Solid Weekly GainsUnited States Stock MarketWall Street closed deeply in the red on Friday, as coronavirus fears outweighed the long-awaited fiscal stimulus package cleared the House and headed to President Donald Trump, who scheduled a signing ceremony for 4PM ET. It includes direct money transfers, corporate aid and subnational resources to combat the rapidly-spreading Covid-19. According to data compiled by Johns Hopkins University, the US has now 1543 deaths and more than 100 thousand coronavirus cases, the most in the world. The Dow Jones tanked 915 points or 4.1% to 21,637. The S&P 500 retreated 89 points or 3.4% to 2542. The Nasdaq lost 295 points or 3.8% to 7502. Equities booked one of their best weeks since 1938, as fiscal and monetary relief buoyed sentiment. The Dow Jones surged 12.8%, the S&P 500 10.3%, and the Nasdaq 9%.2020-03-27T20:05:00"
US 10-Year Treasury Yield Flat after House Passes Stimulus Bill,Government Bond 10Y,"US 10-Year Treasury Yield Flat after House Passes Stimulus BillUnited States Government Bond 10YThe yield on US 10-Year Treasury was little-changed at 0.74% on Friday, after the House of Representatives approved a $2.2 trillion aid package to support households and businesses hurt by the coronavirus pandemic. The rescue package is the largest fiscal relief measure ever, and is now expected to be signed into law by President Donald Trump. On Thursday, the US surpassed China as the country with the most Covid-19 confirmed cases.2020-03-27T18:17:00"
US Stocks Rally Pauses,Stock Market,"US Stocks Rally PausesUnited States Stock MarketWall Street traded lower on Friday, ending a 3-day rally as investors remain very concerned about the economic impact of the coronavirus and wonder if announced stimulus measures will be enough to offset it. The number of coronavirus infections continues to increase and the US now has more cases than China. Stocks erased some earlier losses after the House passed the $2 trillion coronavirus stimulus package.2020-03-27T17:44:16.257"
US Stocks Rally Pauses,Stock Market,"US Stocks Rally PausesUnited States Stock MarketWall Street traded sharply lower on Friday, ending a 3-day rally as investors remain very concerned about the economic impact of the coronavirus and wonder if announced stimulus measures will be enough to offset it. The number of coronavirus infections continues to increase and the US now has more cases than China. President Trump said the US and China are working closely to fight the pandemic and China is willing to offer help to the US, Xinhua reported. Later in the day, the House is expected to pass the $2 trillion coronavirus stimulus package.2020-03-27T13:33:00"
US PCE Prices Rise 0.1% MoM in February,PCE Price Index Monthly Change,"US PCE Prices Rise 0.1% MoM in FebruaryUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States edged up 0.1 percent month-over-month in February 2020, the same as in January. Services prices advanced 0.2 percent, unchanged from the prior month while goods cost edged down 0.1 percent, after showing no growth. Year-on-year, the PCE price index rose 1.8 percent, following an upwardly revised 1.8 percent rise in January.2020-03-27T12:35:00"
US Personal Spending Rises 0.2% and Matches Forecats,Personal Spending,"US Personal Spending Rises 0.2% and Matches ForecatsUnited States Personal SpendingPersonal spending in the US rose 0.2 percent month-over-month in February of 2020, the same as in the previous month and in line with market expectations. Real personal spending increased 0.1 percent, also the same as in January, boosted by a 0.2 percent increase in spending for services (vs a flat reading in January) that was partly offset by a 0.2 percent decrease in spending for goods. Within services, the leading contributor to the increase was spending on electricity and gas. Within goods, the leading contributors to the decrease were spending on motor vehicles and parts as well as recreational goods and vehicles.2020-03-27T12:34:00"
US Stock Futures Fall,Stock Market,"US Stock Futures FallUnited States Stock MarketStock futures in the US traded lower on Friday as the number of coronavirus infections continues to increase and the US now has more cases than China. President Trump said the US and China are working closely to fight the pandemic and China is willing to offer help to the US, Xinhua reported. On Friday, the House is expected to pass the coronavirus stimulus package. On Thursday, Wall Street rallied despite a report showing that initial claims jumped to an all-time high of 3.28 million last week, much worse than market forecasts of 1 million. The Dow Jones soared 1352 points or 6.4% to 22552. The S&P 500 jumped 155 points or 6.2% to 2630. The Nasdaq climbed 413 points or 5.6% to 7798.2020-03-27T07:53:00"
US Stock Futures Tick Lower,Stock Market,"US Stock Futures Tick LowerUnited States Stock MarketUS stock futures traded lower in early pre-market trade on Friday, following a sharp rally boosted by prospects of massive fiscal stimulus. Wall Street has shrugged off the highest single-week rise in unemployment claims since the US Department of Labor began publishing records in 1967. Dow Jones futures dropped 388 points or 1.7%; The S&P 500 futures fell 42 points or 1.6%; The Nasdaq 100 futures went down 95 points or 1.2%. 2020-03-27T00:36:00"
Dollar Hits 1-Week Low,Currency,"Dollar Hits 1-Week LowUnited States CurrencyThe US dollar weekend further to a one-week low of 99.23 overnight, following a record surge in US jobless claims. The currency also lost some preference this week due to the rapid spread of the coronavirus across the country. 2020-03-26T20:51:00"
US Stocks Rally Despite Soaring Jobless Claims,Stock Market,"US Stocks Rally Despite Soaring Jobless ClaimsUnited States Stock MarketWall Street extended gains from the previous two sessions and closed deeply in the green, as a massive $2 trillion stimulus package now turned to the House outweighed a report showing that initial jobless claims soared to an all-time high of 3.28 million last week, much worse than market forecasts of 1 million. Meanwhile, President Trump plans to classify coronavirus risk county by country and doubled-down on resuming most activities by Easter, as coronavirus cases in the US jumped to more than 80 thousand and the death toll rose to 1151. On the corporate side, shares of Norwegian Cruise and Royal Caribbean closed sharply down as investors await specifics regarding the bill’s corporate aid. The Dow Jones soared 1352 points or 6.4% to 22552, mounting a more than 20% rally in just three days, the best since 1931. The S&P 500 jumped 155 points or 6.2% to 2630. The Nasdaq climbed 413 points or 5.6% to 7798.
2020-03-26T20:02:00"
Tenth District Manufacturing Activity Contracts Sharply,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Contracts SharplyUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index tumbled 26 points from the previous month to -18 in March 2020, the lowest since June 2015 and below market expectations of +2. Many firms indicated overall demand and sales fell sharply, with capital investments being put on hold. Around 60 percent of manufacturers faced delayed payments from customers and 54 percent had concerns about cash availability. Meanwhile, the composite index, which is an average of production, new orders, employment, supplier delivery time, and raw materials inventory indexes, dropped to -17, the lowest since April 2009.2020-03-26T15:11:51.15"
US Treasury Yields Fall Further,Government Bond 10Y,"US Treasury Yields Fall FurtherUnited States Government Bond 10YThe yield on the US 10-Treasury note declined further to 0.787% on Thursday after the claims report showed initial claims jumped to an all-time high of 3.28 million in latest week, much worse than market expectations of 1 million, raising further concerns about the impact of the coronavirus in the country. Also, Fed Chair Powell said during an interview in NBC that the US may well be in recession already. Meanwhile, the yield on the US 30-year Treasury bond also fell to 1.367%.2020-03-26T13:27:00"
Dollar Falls on Thursday,Currency,"Dollar Falls on ThursdayUnited States CurrencyThe dollar index continued to depreciate for the 3rd straight session on Thursday to trade around 100.2 after the jobless report showed initial claims jumped to an all-time high of 3.28 million in latest week, much worse than market forecasts of 1 million. Earlier, the USD was already falling as investors remain very concerned about the economic impact of the coronavirus outbreak in the US.2020-03-26T12:51:00"
US Wholesale Inventories Unexpectedly Fall,Wholesale Inventories,"US Wholesale Inventories Unexpectedly FallUnited States Wholesale InventoriesUS wholesale inventories decreased 0.5 percent from a month earlier in February 2020, following an upwardly revised 0.5 percent fall in the previous month and missing market expectations of a flat reading, preliminary estimates showed. Stocks of non-durable goods declined further (-0.7 percent vs -0.5 percent in January) and those of non-durable goods fell 0.4 percent (vs -0.5 percent). Year-on-year, wholesale inventories dropped 1 percent in February.2020-03-26T12:42:00"
US Goods Trade Deficit Smallest in Over 3 Years,Goods Trade Balance,"US Goods Trade Deficit Smallest in Over 3 YearsUnited States Goods Trade BalanceThe US trade deficit on goods narrowed to USD 59.89 billion in February 2020 from the previous month’s USD 65.9 billion, an advance estimate showed. It was the smallest goods trade gap since September 2016, as imports dropped 2.6 percent mostly due to purchases of consumer goods (-4.2 percent); industrial supplies (-4.1 percent); foods, feeds, & beverages (-3.2 percent); and consumer goods (-2 percent). Meanwhile, exports rose 0.5 percent, on the back of lower sales of consumer goods (-4.2 percent); and foods, feeds & beverages (-1.1 percent).2020-03-26T12:32:00"
US Treasury Yields Fall ahead of Jobless Claims Data,Government Bond 10Y,"US Treasury Yields Fall ahead of Jobless Claims DataUnited States Government Bond 10YThe yield on the US 10-Treasury note declined to 0.798% on Thursday as investors' risk apetite continues to decline ahead of the jobless claims release later in the day which is expected to show a record rise in unemployment due to layoffs and business closures as many states set lockdown. Meanwhile, the yield on the US 30-year Treasury bond also fell to 1.367%.2020-03-26T09:59:00"
US Stock Futures Drop,Stock Market,"US Stock Futures DropUnited States Stock MarketStock futures in the US were down and pointed to another volatile session on Thursday as investors await the jobless claims release later in the day, which is expected to provide a first picture of the impact of the coronavirus in the country. Market forecasts point to a record 1000K rise in unemployment. Also, the number of infections in the country passed 68K and more than 1K people already died while many states have entered lockdown. Meanwhile, the Senate passed the $2 trillion coronavirus bill and the House is set to vote it on Friday. On Wednesday, the Dow Jones soared 496 points or 2.4% to 21201 and the S&P 500 jumped 28 points or 1.2% to 2476, whereas the Nasdaq retreated 34 points or 0.5% to 7384..2020-03-26T08:27:41.933"
"Dow, S&P Extend Gains on Stimulus Deal",Stock Market,"Dow, S&P Extend Gains on Stimulus DealUnited States Stock MarketThe Dow Jones and the S&P 500 extended Tuesday’s sharp gains while the Nasdaq retreated, as a deal struck between the White House and Congress buoyed investors’s sentiment. In the first hours of Wednesday, Senate leaders agreed to a massive $2 trillion coronavirus stimulus bill, with Republican Senate Majority Leader Mitch McConnel calling it “a war-time level of investment”. Former Federal Chairman Ben Bernanke also helped sentiment, saying he expects the US economy will experience a quick rebound after a “very sharp” recession. Stocks did pare some of the gains after Sen. Bernie Sanders said he was prepared to “put a hold on this bill until stronger conditions are imposed on the $500 billion corporate welfare fund.” Stocks in troubled services industries like travel and tourism outperformed on expectations of tailored aid. The Dow Jones soared 496 points or 2.4% to 21201 and the S&P 500 jumped 28 points or 1.2% to 2476, whereas the Nasdaq retreated 34 points or 0.5% to 7384.
2020-03-25T20:07:00"
Dollar Depreciates Further,Currency,"Dollar Depreciates FurtherUnited States CurrencyThe US dollar continued to ease from last week’s three-year highs, as money flowed into riskier investments after the US lawmakers agreed a $2tn stimulus deal to soften the economic impact from the coronavirus epidemic. The US currency has been appreciating since the beginning of March after a crash in the stock market and several lockdowns prompted funding and liquidity needs. DXY was trading near 101 around 03:00 PM NY time. 2020-03-25T19:04:00"
US Stocks Gain Traction,Stock Market,"US Stocks Gain TractionUnited States Stock MarketWall Street extended gains in another volatile session on Wednesday, on hopes that the $2 trillion US fiscal stimulus would help to combat the negative impact of the COVID-19 outbreak on the economy. The package includes a $500 billion fund to help hard-hit industries, $350 billion for small-business loans, $250 billion for expanded unemployment aid and at least $100 billion for hospitals and related health systems. Still, concerns about the pandemic mount, with investor focus turning to tomorrow's jobless claims report that will probably show a record rise in unemployment. The Dow Jones climbed more than 1,000 points or 5.1 percent; the S&P 500 advanced 85 points or 3.5%; and the Nasdaq added 143 points or 1.9% around 1pm NY time.2020-03-25T17:06:00"
Dow Jones is up by 2%,stock market,Dow Jones is up by 2%United States stock marketDow Jones Industrial Average increased 2% to 211172020-03-25T14:58:57.79
Wall Street Lacks Direction,Stock Market,"Wall Street Lacks DirectionUnited States Stock MarketWall Street swung between gains and losses in another volatile trading session on Wednesday amid mounting concerns about the spread of the coronavirus as the number of infections worldwide surpassed 420K. In the US, the number is approaching 55K and near half of the states have imposed lockdown measures to near 100 million people and suspended activities for many businesses. A WHO spokesperson said the country has potential to be next epicenter of the coronavirus pandemic. Earlier, investors welcomed the agreement on a $2 trillion stimulus plan made by the White House and the Congress although uncertainty remains if the package will be enough to blunt the economic impact of the COVID-19 outbreak. The Dow Jones was up 3%, the S&P 500 edged down 0.2% and the Nasdaq fell 0.4% higher around 25 minutes after the opening bell.2020-03-25T13:56:59.19"
US Stocks Trade Higher,Stock Market,"US Stocks Trade HigherUnited States Stock MarketWall Street traded higher on Wednesday although the trading session is expected to be volatile amid mounting concerns about the spread of the coronavirus as the number of infections worldwide surpassed 420K. In the US, the number is approaching 55K and near half of the states have imposed lockdown measures to near 100 million people and suspended activities for many businesses. A WHO spokesperson said the country has potential to be next epicenter of the coronavirus pandemic. Earlier, investors welcomed the agreement on a $2 trillion stimulus plan made by the White House and the Congress although uncertainty remains if the package will be enough to blunt the economic impact of the COVID-19 outbreak. The Dow Jones was up 3%, the S&P 500 gained 2% and the Nasdaq traded 1.3% higher around 10 minutes after the opening bell. 2020-03-25T13:38:00"
US House Prices Rise 0.3% in January: FHFA,FHFA House Price Index MoM,"US House Prices Rise 0.3% in January: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.3 percent from a month earlier in January 2020, following an upwardly revised 0.7 percent advance in December and matching market expectations of a 0.3 percent rise. Among Census divisions, the biggest gains were recorded in South Atlantic (0.7 percent), Middle Atlantic (0.6 percent), Pacific (0.5 percent) and New England (0.4 percent). Year-on-year, house prices went up 5.2 percent in January, with prices ranging from 4.1 percent in the Middle Atlantic division to 6.4 percent in the South Atlantic division.2020-03-25T13:10:44.14"
US Treasury Yields Fall on Wednesday,Government Bond 10Y,"US Treasury Yields Fall on WednesdayUnited States Government Bond 10YThe yield on the US 10-Year Treasury note fell to 0.827% on Wednesday morning as enthusiasm about the $2 trillion stimulus plan agreed by the US administration and the Congress faded and investors remain very concerned about the worldwide spread of the coronavirus. Meanwhile, the yield on the US 30-year bond was down to 1.38%.2020-03-25T12:19:51.473"
US Stock Futures Reverse Gains,Stock Market,"US Stock Futures Reverse GainsUnited States Stock MarketStock futures in the US reversed most of their earlier gains to trade nearly flat on Wednesday morning, pointing to another volatile session. Concerns about the spread of the coronavirus increased as the number of infections worldwide surpassed 420K. In the US, the number is approaching 55K and near half of the states have imposed lockdown measures to near 100 million people and suspended activities for many businesses. A WHO spokesperson said the country has potential to be next epicenter of the coronavirus pandemic. Earlier in the session, stock futures were rising after the White House and the Congress agreed on a massive $2 trillion stimulus package to shore up the US economy. On Tuesday, the Dow Jones soared 2113 points or 11.4% to 20705, posting its best day since 1933. The S&P 500 jumped 210 points or 9.4% to 2447. The Nasdaq surged 557 points or 8.1% to 7418.2020-03-25T11:25:00"
"US Stock Futures Recover, Point to Further Gains",Stock Market,"US Stock Futures Recover, Point to Further GainsUnited States Stock MarketStock futures in the US rebounded and traded in the green on Wednesday after the White House and the Congress agreed on a massive $2 trillion stimulus package to shore up the US economy. The final text and details are not available yet and both the Senate and the House still need to vote for it later on Wednesday although the bill is widely expected to pass. Meanwhile, the number of coronavirus cases in the country passed 52K and near half of the states have imposed lockdown measures to near 100 million people and suspended activities for many businesses. A WHO spokesperson said the country has potential to be next epicenter of the coronavirus pandemic. On Tuesday, the Dow Jones soared 2113 points or 11.4% to 20705, posting its best day since 1933. The S&P 500 jumped 210 points or 9.4% to 2447. The Nasdaq surged 557 points or 8.1% to 7418.2020-03-25T07:56:15.167"
Stock Futures Drop,Stock Market,"Stock Futures DropUnited States Stock MarketStock futures in the US fell during overnight trading, following the previous session massive rally, as an agreement on a roughly $2tn stimulus package was still out of reach Tuesday evening. Still, investors have breathed a sigh of relief after the Federal Reserve rolled out further stimulus to shore up the world’s biggest economy. On Tuesday, the Dow Jones soared 2113 points or 11.4% to 20705, posting its best day since 1933. The S&P 500 jumped 210 points or 9.4% to 2447. The Nasdaq surged 557 points or 8.1% to 7418.2020-03-25T00:57:00"
Dow Books Best Day Since 1933 as Congress Nears Deal,Stock Market,"Dow Books Best Day Since 1933 as Congress Nears DealUnited States Stock MarketWall Street rebounded sharply on Tuesday, as President Trump signaled he is ready to reopen the economy, while a massive stimulus package to counter the economic effects of COVID-19 was imminent in Congress. Both parliamentary sides were optimistic of landing a deal amidst rising casis in the US, which jumped 51.7 thousand with the death toll climbing to 667. House Speaker Nancy Pelosi told CNBC there is “real optimism”, while declaring on CNN that some details regarding food stamps and environmental regulation for the airline industry, expected to receive $40 billion in aid according to multiple reports. On the corporate side, stocks of Norwegian Cruise Line soared 42% and of American Airles 36% on stimulus hopes, while Boeing shares rallied 20%. The Dow Jones booked its best trading session since 1933, gaining 2113 points or 11.4% to 20705. The S&P 500 jumped 210 points or 9.4% to 2447, while the Nasdaq climbed 557 points or 8.1% to 7418.
2020-03-24T20:04:00"
US Stocks Extend Gains,Stock Market,"US Stocks Extend GainsUnited States Stock MarketWall Street traded sharply higher on Tuesday after a massive asset purchase program launched by the Fed on Monday prompted a pause in US dollar demand and lifted a bit investors' appetite for risk. However, markets still await the Congress to pass during the day a massive stimulus program aiming to shore up the economy. On Monday, the Senate failed again to pass a $1.8 trillion plan and the House is set to discuss a $2.5 trillion package unveiled by the Democrats. Meanwhile, the number of coronavirus cases in the US passed 46K and more states announced lockdowns.The Dow Jones was up 9.6%, the S&P 500 gained 8.4% and the Nasdaq gained 7.3% around 12:30 PM NY time.2020-03-24T16:31:00"
US Fifth District Manufacturing Activity Index Rises,Richmond Fed Manufacturing Index,"US Fifth District Manufacturing Activity Index RisesUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose to 2 in March 2020 from -2 in the previous month, but missing market expectations of 9. Two out of the three components of the composite index improved: shipments (13 vs 1 in February) and new orders (0 vs -10). On the other hand, employment dropped (-7 vs 8) and firms reported a further decline in backlogs of orders (-8 vs -6). Meantime, respondents reported a drop in the growth rates of both prices paid (1.29 from 1.95) and prices received (1.22 from 1.54). Lastly, manufacturers were pessimistic regarding business conditions in the coming months, expecting a fall in shipments and new orders amid the coronavirus pandemic.2020-03-24T14:02:00"
US Output Falls at Fastest Rate for Over a Decade,Composite Pmi,"US Output Falls at Fastest Rate for Over a DecadeUnited States Composite PmiThe IHS Markit US Composite PMI tank to 40.5 in March 2020 from 49.6 in the previous month, pointing to the sharpest decline in business activity since comparable survey data were available in October 2009 as the Covid-19 crisis escalated, a preliminary estimate showed. Service sector activity contracted the most on record, while manufacturers registered the sharpest drop in output since August 2009.2020-03-24T14:00:23.447"
US Markit Manufacturing PMI Above Forecasts,Manufacturing PMI,"US Markit Manufacturing PMI Above ForecastsUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI edged down to 49.2 in March of 2020 from 50.7 in February, preliminary estimates showed. The reading pointed to the fastest deterioration in operating conditions since the depths of the financial crisis, although markets were expecting a much worse number (42.8). Figures were buoyed by longer supplier delivery times while steep rates of contraction were seen in production and new orders, both of which fell to the greatest extent since 2009, with many firms linking this to the escalation of preventative measures following the outbreak of COVID-19. Also, firms shed workers at a solid rate in March and input prices increased the least for almost three years. Finally, business confidence was at a record low level due to coronavirus uncertainty. 
2020-03-24T13:53:00"
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street opened more than 5% higher on Tuesday after a massive asset purchase program launched by the Fed on Monday prompted a pause in US dollar demand and lifted a bit investors' appetite for risk. Still, trading is expected to remain volatile as the Senate failed again to pass a $1.8 trillion stimulus package and the House is set to discuss a $2.5 trillion package unveiled by the Democrats. However, Secretary Treasury Steven Mnuchin and Minority Leader Chuck Schumer said they expect to have the final agreement ready in the morning. Meanwhile, the number of coronavirus cases in the US passed 46K and more states announced lockdowns. 2020-03-24T13:35:00"
"US Stock Futures Jump More than 5%, Hit Limit Up",Stock Market,"US Stock Futures Jump More than 5%, Hit Limit UpUnited States Stock MarketUS stock futures traded more than 5% higher, hitting the up limit on Tuesday after a massive asset purchase program launched by the Fed on Monday prompted a pause in US dollar demand and lifted a bit investors' appetite for risk. Still, trading is expected to remain volatile as the Senate failed again to pass a $1.8 trillion stimulus package and the House is set to discuss a $2.5 trillion package unveiled by the Democrats. Also, the number of coronavirus cases in the US passed 46K and more states announced lockdowns. On Monday, the Dow Jones plummeted 582 points or 3% to 18,592 points; the S&P 500 sank 68 points or 2.9% to 2305 while the Nasdaq plunged 19 points or 0.3% to 6861.2020-03-24T11:43:00"
US Treasury Yields Rise as Senate Negotiations Continue,Government Bond 10Y,"US Treasury Yields Rise as Senate Negotiations ContinueUnited States Government Bond 10YThe yield on the US 10-year Treasury note increased to 0.82% on Tuesday as investors await further Senate negotiations on the coronavirus stimulus bill that will prompt near $2 trillion into the economy. General risk appetite also improved a bit as the dollar rush paused after the Fed pledged a massive asset purchase program. Meanwhile, the yield on the 30-year Treasury bond also went up to 1.38%.2020-03-24T11:37:47.613"
US Stock Futures Up on Tuesday,Stock Market,"US Stock Futures Up on TuesdayUnited States Stock MarketUS stock futures traded higher on Tuesday, pointing to gains at the open after massive asset purchase program launched by Fed on Monday prompted a pause in US dollar demand and lifted a bit investors' appetite for risk. Still, trading is expected to remain volatile as the Senate failed again to pass a $1.8 trillion stimulus package and the House is set to discuss a $2.5 trillion package unveiled by the Democrats. Also, the number of coronavirus cases in the US passed 46K and more states announced lockdowns.. On Monday, the Dow Jones plummeted 582 points or 3% to 18,592 points; the S&P 500 sank 68 points or 2.9% to 2305 while the Nasdaq plunged 19 points or 0.3% to 6861.2020-03-24T09:14:00"
US Stock Futures Rebound as Fed Steps in Again,Stock Market,"US Stock Futures Rebound as Fed Steps in AgainUnited States Stock MarketUS stocks are poised to join a worldwide rebound from Monday’s sell-off after the US Federal Reserve announced it would buy corporate debt for the first time since the 2008 financial crisis. This recent move from the central bank came after democrats stopped for the second straight day an almost $2tn economic stimulus package. The bank also noted that further measures it may roll out to support financial markets. On Monday, the Dow Jones plummeted 582 points or 3% to 18,592 points; The S&P 500 sank 68 points or 2.9% to 2305 while the Nasdaq plunged 19 points or 0.3% to 6861. 2020-03-24T01:47:00"
US Stocks Extend Decline on Stimulus Uncertainty,Stock Market,"US Stocks Extend Decline on Stimulus UncertaintyUnited States Stock MarketWall Street finished in negative territory on Monday as the Senate failed once again to pass the coronavirus stimulus bill. Earlier in the session, stocks pared some losses after Senate Minority Leader Chuck Schumer said the Senate was very close to reaching a deal. Investors were already very concerned about the impact of the coronavirus as the number of cases in the US passed 35K and more states are issuing stay at home orders. Traders welcomed Fed's extensive new measures to support the economy, including an asset purchase program in the amounts needed to support smooth market functioning and the provision of up to $300 billion in new financing for employers, consumers, and businesses, although the improvement proved temporary. The Dow Jones closed down 582 points or 3% to 18592. The S&P 500 fell 68 points or 2.9% to 2237. The Nasdaq went down 19 points or 0.3% to 6861.2020-03-23T20:01:00"
US Stocks Pare Some Losses,Stock Market,"US Stocks Pare Some LossesUnited States Stock MarketWall Street pared some earlier losses on Monday after Senate Minority Leader Chuck Schumer said the Senate is very close to reaching a deal on the coronavirus stimulus plan that failed to pass on Sunday. However, investors remain very concerned about the impact of the coronavirus as the number of cases in the US passed 35K and more states are issuing stay at home orders. Traders welcomed Fed's extensive new measures to support the economy, including an asset purchase program in the amounts needed to support smooth market functioning and the provision of up to $300 billion in new financing for employers, consumers, and businesses, although the improvement proved temporary. The Dow Jones was down 3.4%, the S&P 500 fell 3.3% and the Nasdaq went down 1.2% around 3 PM NY time.2020-03-23T17:35:00"
US Stocks Extend Declines,Stock Market,"US Stocks Extend DeclinesUnited States Stock MarketWall Street traded sharply lower on Monday as investors remain very concerned about the impact of the coronavirus as the number of cases in the US passed 35K and more states are issuing stay at home orders. Investors welcomed Fed's extensive new measures to support the economy, including an asset purchase program in the amounts needed to support smooth market functioning and the provision of up to $300 billion in new financing for employers, consumers, and businesses, although the improvement proved temporary. Investors also await the Senate to pass the coronavirus stimulus plan after the Democrats failed to approve it on Sunday. The Dow Jones was down 3.8%, the S&P 500 fell 3.7% and the Nasdaq went down 2.1% around 12:00 PM NY time.2020-03-23T16:10:00"
US Stocks Extend Declines,Stock Market,"US Stocks Extend DeclinesUnited States Stock MarketWall Street traded lower on Monday as investors remain very concerned about the impact of the coronavirus as the number of cases in the US passed 35K and more states are issuing stay at home orders. Investors welcomed Fed's extensive new measures to support the economy, including an asset purchase program in the amounts needed to support smooth market functioning and the provision of up to $300 billion in new financing for employers, consumers, and businesses, although the improvement proved temporary. The Dow Jones was down 3%, the S&P 500 fell 3.1% and the Nasdaq went down 1.9% around 9 minutes after the opening bell.2020-03-23T13:40:00"
US Treasury Yields Reverse Direction after Fed Move,Government Bond 10Y,"US Treasury Yields Reverse Direction after Fed MoveUnited States Government Bond 10YUS Treasury yields reversed direction and ticked higher on Monday, though remained lower on the day, after the Federal Reserve pledged to buy as many US government bonds and mortgage-backed securities as needed to support the economy, and announced measures to ensure credit flow to large employers, consumers and businesses. Still, investors remain cautious as they monitor the spread and effects of Covid-19 around the world. The benchmark 10-year yield was last down 17.5bps at 0.758% and the two-year yield was last down 5.2bps to 0.314%. The long bond was down 20.5bps to 1.36%.2020-03-23T13:01:20.433"
US Stock Futures Rebound as Fed Steps In,Stock Market,"US Stock Futures Rebound as Fed Steps InUnited States Stock MarketStock futures in the US turned positive on Monday after hitting the limit down overnight as the Federal Reserve announced extensive new measures to support the economy. Such measures include among other, the provision of up to $300 billion in new financing for employers, consumers, and businesses; continuing purchase Treasury securities and agency mortgage-backed securities in the amounts needed to support smooth market functioning; purchases of agency commercial mortgage-backed securities; establishment of two facilities to support credit to large employers. On Friday, the Dow Jones plummeted 913 points or 4.6% to 19,174 points. The S&P 500 sank 105 points or 4.4% to 2305. The Nasdaq plunged 271 points or 3.8% to 6880. Last week was the worst since 2008, as the Dow lost 17.3%, the S&P 500 fell 15% and the Nasdaq declined 12.6%.2020-03-23T12:24:00"
"Stock Futures Drop, Another Volatile Session Expected",Stock Market,"Stock Futures Drop, Another Volatile Session ExpectedUnited States Stock MarketStock futures in the US fell sharply and hit the limit down as the number of coronavirus cases in the country passed 35K and Ohio, Louisiana, Delaware and Philadelphia joined New York, California, Illinois, Connecticut and New Jersey ordering people to stay home. Also, the Senate failed to approve the coronavirus stimulus package as the Democrats think the plan is not enough to help workers and companies, not including for instance corporations getting federal assistance or unemployment insurance. Monday trading session is expected to be volatile. On Friday, the Dow Jones plummeted 913 points or 4.6% to 19,174 points. The S&P 500 sank 105 points or 4.4% to 2305. The Nasdaq plunged 271 points or 3.8% to 6880. Last week was the worst since 2008, as the Dow lost 17.3%, the S&P 500 fell 15% and the Nasdaq declined 12.6%.2020-03-23T08:39:00"
"US Stocks Plunge on Friday, Book Worst Week Since 2008",Stock Market,"US Stocks Plunge on Friday, Book Worst Week Since 2008United States Stock MarketWall Street sold off on Friday, as fiscal stimulus uncertainty and a rapidly spreading virus weighed on sentiment and stocks suffered their worst week since 2008. On Friday, the Federal Reserve announced it is expanding its asset purchase program to include municipal bonds. However, the Senate has been unable to deliver a fiscal stimulus package, raising investors´ concerns. Lockdowns and further social restrictions in California and NY have been announced while coronavirus cases continue to spike in the US and abroad, with Italy suffering 627 deaths in just 24 hours. On the corporate side, CNBC reported that Ronin Capital, a clearing firm at the CME Group, was unable to meet its capital requirements. The Dow Jones plummeted 913 points or 4.6% to 19,174 points. The S&P 500 sank 105 points or 4.4% to 2305. The Nasdaq plunged 271 points or 3.8% to 6880. Considering the full week, the Dow lost 17.3%, the S&P 500 fell 15% and the Nasdaq declined 12.6%.2020-03-20T20:04:00"
Dollar Pares Losses,Currency,"Dollar Pares LossesUnited States CurrencyThe DXY erased early losses to trade again around an over 3-year high of 103 on Friday, and was on track to record its best weekly gain since 2008, as stock market crush and business closures prompted demand for liquidity and funding. 2020-03-20T18:31:00"
US Stocks Pull Back,Stock Market,"US Stocks Pull BackUnited States Stock MarketWall Street reversed early gains and traded lower in another volatile trading session as investors remain very concerned about the impact of the coronavirus on the US economy. Also, the stay at home order issued by California is seen as an important move to contain the spread of the disease. On Friday, the Federal Reserve expanded its asset purchase program to include municipal bonds. The Dow Jones was down 686 points, or 3.4%, the S&P 500 dropped 83 points, or 3.4% and the Nasdaq fell 182 points, or 2.5% around 3 PM NY time.2020-03-20T16:31:00"
US Stocks Attempt to Hold Gains,Stock Market,"US Stocks Attempt to Hold GainsUnited States Stock MarketWall Street attempted to hold gains for the 2nd straight day in another volatile trading session as recently announced monetary and fiscal stimulus measures calmed down investors nerves. Also, the stay at home order issued by California is seen as an important move to contain the spread of the disease. On Friday, the Federal Reserve expanded its asset purchase program to include municipal bonds. The Dow Jones was up 1.8%, still for the week the index was down 12 percent. The S&P 500 rose 1.4% and the Nasdaq gained 2.5% around 11:00 AM NY time.2020-03-20T15:02:00"
US Stocks Remain Volatile,Stock Market,"US Stocks Remain VolatileUnited States Stock MarketWall Street lack direction on Friday, erasing most of the gains at the open in another volatile trading session as investors remain very concerned about the impact of the coronavirus in the US economy. The dollar was down from over 3-year high levels seen on Thursday amid liquidity and funding needs. Also, the stay at home order issued by California is seen as an important move to contain the spread of the disease although it raises concerns of a looming recession. The Dow was up 0.5%, the S&P 500 0.2% and the Nasdaq gained 1.6% around 10:20 AM NY time.2020-03-20T14:19:29.577"
Dollar Falls after California Orders Stay at Home,Currency,"Dollar Falls after California Orders Stay at HomeUnited States CurrencyThe DXY erased earlier losses to trade around 102.5 on Friday, slightly down from an over 3-year high of 103 on Thursday, amid mounting concerns about the economic impact of the coronavirus in the US economy after California ordered near 40 million people to stay at home in an attempt to stop the spread of the virus. Investors worry that other US states will follow California. On the week however, the dollar was on track to record its best gain since 2008, as stock market crush and business closures prompted demand for liquidity and funding.2020-03-20T13:41:00"
US Stocks Attempt to Gain for 2nd Day,Stock Market,"US Stocks Attempt to Gain for 2nd DayUnited States Stock MarketWall Street opened slightly higher on Friday, attempting to gain for the second straight session, mainly boosted by tech shares. Trading is expected to be volatile during the session as investors remain concerned about the impact of the coronavirus in the US economy although welcomed a fall in the dollar from over 3-year high levels seen on Thursday while the stay at home order California issued is seen as an important move to contain the spread of the disease. The Dow Jones gained 0.7%, the S&P 500 added 0.5% and the Nasdaq traded 1.3% higher around 8 minutes after the opening bell.2020-03-20T13:35:00"
Treasury Yields Drop For 2nd Day,Government Bond 10Y,"Treasury Yields Drop For 2nd DayUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note dropped for a second day to 1.02% on Friday, as the promise of further economic measures from major central banks to counteract the economic hit from a coronavirus outbreak calmed nervous investors.2020-03-20T11:21:00"
US Stock Futures Trade Higher,Stock Market,"US Stock Futures Trade HigherUnited States Stock MarketUS stock futures were up on Friday, pointing to the second session of gains, although volatility is expected to continue. Investors sentiment was lifted after California ordered its residents to stay at home, crude oil prices rebounded and the US dollar deprecated slightly.  On Thursday, the Dow Jones gained 189 points or 1% to 20088. The S&P 500 climbed 11 points or 0.5% to 2409. The Nasdaq jumped 161 points or 2.3% to 7151.2020-03-20T08:54:00"
US Stocks Rebound Modestly Ahead of Closing Bell,Stock Market,"US Stocks Rebound Modestly Ahead of Closing BellUnited States Stock MarketWall Street rebounded modestly from a three-year low, as US lawmakers inched closer to implementing massive fiscal stimulus measures. On Thursday, the Trump administration pitched to congressional leaders from both parties a massive stimulus package that includes sending payments directly to Americans totaling $500 billion. Senate Majority Leader Mitch McConnell said he would vote for the plan despite “shortcomings”. The Dow Jones gained 189 points or 1% to 20088. The S&P 500 climbed 29 points or 0.5% to 2410. The Nasdaq jumped 161 points or 2.3% to 7151.
2020-03-19T19:41:00"
Dollar Index Hits 3-year High,currency,Dollar Index Hits 3-year HighUnited States currencyDXY increased to a 3-year high of 102.72020-03-19T18:01:12.95
US Treasury Yield Reverse Early Rise,Government Bond 10Y,"US Treasury Yield Reverse Early Rise United States Government Bond 10YThe yield on the benchmark 10-year Treasury note dropped nearly 20 basis points to 1.01% on Thursday, after global central banks took more steps to ease financial conditions to offset the impact of the coronavirus outbreak. 2020-03-19T17:48:32.537"
US Stocks Turn Positive,Stock Market,"US Stocks Turn PositiveUnited States Stock MarketWall Street gained ground on Thursday, following another sharp sell-off the day before that saw the Dow Jones close at a three-year low. Still, fears of a severe recession mounted despite massive stimulus plans from major central banks and governments around the world, with data showing claims for US unemployment benefits at the highest level since 2017 as the Covid-19 crisis hurt businesses and jobs. The Fed announced it would be giving access to $450 billion in dollar swap lines to nine central banks, while the ECB and BoE launched new stimulus packages.2020-03-19T14:25:00"
Dow Jones is down by 2%,stock market,Dow Jones is down by 2%United States stock marketDow Jones Industrial Average decreased by 2% to 195012020-03-19T13:54:47.993
US Stocks Fall Despite Stimulus,Stock Market,"US Stocks Fall Despite StimulusUnited States Stock MarketUS stocks fell on Thursday, following another sharp sell-off the day before that saw the Dow Jones close at a three-year low. Massive stimulus plans from major central banks and governments around the world have not been enough to ease fears of a global recession. Latest data showed claims for US unemployment benefits jumped to the highest level since 2017 as the Covid-19 crisis hurts businesses, demand and jobs. The Federal Reserve announced it would be giving access to $450 billion in dollar swap lines to nine central banks, while the ECB launched new bond purchases worth €750 billion ($817 billion).2020-03-19T13:39:00"
US 10-Year Treasury Yield Rises Slightly,Government Bond 10Y,"US 10-Year Treasury Yield Rises Slightly United States Government Bond 10YUS Treasury yields climbed to 1.19% on Tuesday, on doubts whether additional stimulus measures by the US would be enough to offset the impact of the coronavirus outbreak, prompting investors to sell even safe-havens assets for cash. 2020-03-19T10:45:56.82"
US Stocks Set to Open in the Red,Stock Market,"US Stocks Set to Open in the RedUnited States Stock MarketUS stock futures pointed to slight losses at the open Thursday morning, following another sharp sell-off the day before, as massive stimulus plans are being outweighed by fears of a global recession. The European Central Bank launched new bond purchases worth €750 billion ($817 billion) at an emergency meeting late on Wednesday in a bid to support the bloc's economy amid the Covid-19 crisis. On Wednesday, the Dow Jones tumbled 1,338 points or 6.3% to 19,899, its lowest closing level since February 2017. The S&P 500 plunged 131 points or 5.2% to 2,398. The Nasdaq plummeted 345 points or 4.7% to a nine-month low of 6,990.2020-03-19T10:43:00"
Dollar Hits New 3-Year High,currency,"Dollar Hits New 3-Year HighUnited States currencyThe dollar index rose above 102 for the first time since March 2017 on Thursday, as global recession fears prompted investors to sell currencies, bonds and stocks across the globe to pile into the world's reserve currency.2020-03-19T08:09:00"
"US Stocks Tank on Stimulus Uncertainty, Recession Fears",Stock Market,"US Stocks Tank on Stimulus Uncertainty, Recession FearsUnited States Stock MarketWall Street plummeted on Wednesday in another trade-halting session despite paring some of the deep losses late in the session, as hopes of massive stimulus plans are being outweighed by fears of a global recession. Meanwhile, the Senate obtained the votes to pass a bill expanding paid leave and unemployment benefits already approved by the House. The Dow Jones tumbled 1,338 points or 6.3% to 19,899, its lowest closing level since February 2017. The S&P 500 plunged 131 points or 5.2% to 2,398. The Nasdaq plummeted 345 points or 4.7% to a nine-month low of 6,990.2020-03-18T20:04:00"
Stocks in United States Hit 13-month Low,Stock Market,Stocks in United States Hit 13-month LowUnited States Stock MarketNASDAQ 100 decreased to a 13-month low of 68572020-03-18T18:19:36.587
Stocks in United States Hit 4-year Low,Stock Market,Stocks in United States Hit 4-year LowUnited States Stock MarketRussell 2000 decreased to a 4-year low of 10082020-03-18T17:07:20.717
US Stocks Extend Losses,Stock Market,"US Stocks Extend LossesUnited States Stock MarketWall Street traded sharply lower on Wednesday as market volatility continues. Investors remain very concerned about the worldwide impact of the coronavirus, and the dollar surged as people seek for liquidity and funding since many businesses, retailers and plants in the US are closed already. President Trump also announced on Twitter that the US will temporarily close the Northern Border with Canada to non-essential traffic although trade will not be affected. The Dow Jones and the S&P 500 traded near 6% lower and the Nasdaq lost 5% around 12:20 PM NY time.2020-03-18T16:23:33.61"
US Crude Oil Stocks Rise Less than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise Less than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 1.954 million barrels in the week ended March 13th of 2020, following a 7.664 million gain in the previous week and compared with market expectations of a 3.256 million gain, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went down by 6.180 million barrels after decreasing by 5.048 million in the previous week and compared with market consensus of a 2.89 million decline.2020-03-18T14:33:01.193"
US Stocks Plunge,Stock Market,"US Stocks PlungeUnited States Stock MarketWall Street traded sharply lower on Wednesday as market volatility continues. Investors remain very concerned about the worldwide impact of the coronavirus, and the dollar surged as people seek for liquidity and funding since many businesses, retailers and plants in the US are closed already. President Trump also announced on Twitter that the US will temporarily close the Northern Border with Canada to non-essential traffic although trade will not be affected. All key 3 stock indexes were down near 5% around 20 minutes after the opening bell.2020-03-18T13:53:19.23"
US Stocks Plunge in Another Volatile Session,Stock Market,"US Stocks Plunge in Another Volatile SessionUnited States Stock MarketWall Street opened sharply lower on Wednesday as market volatility continues and investors remain very concerned about the worldwide impact of the coronavirus while in the US many businesses, retailers and plants are closed already. Also, Treasury Secretary Steven Mnuchin said the coronavirus could push US jobless rate to 20% without government action. The Dow Jones went down 5.7%, the S&P 500 lost 5.4% and the Nasdaq traded 4.8% lower around 5 minutes after the opening bell.2020-03-18T13:32:00"
Stocks in United States Hit 14-month Low,Stock Market,Stocks in United States Hit 14-month LowUnited States Stock MarketS&P 500 decreased to a 14-month low of 23562020-03-18T13:30:05.59
US Building Permits Fall More than Expected,Building Permits,"US Building Permits Fall More than ExpectedUnited States Building PermitsBuilding permits in the United States slumped 5.5 percent from a month earlier to a seasonally adjusted annual rate of 1.464 million in February 2020, from a 13-year high of 1.550 thousand in January and below market expectations of 1.500. Authorizations for the volatile multi-family housing segment tumbled 18.3 percent to 0.460 million, while single-family permits rose 1.7 percent to 1.004 million. Permits declined across all regions: the South (-1.6 percent to 0.741 million); the West (-2.5 percent to 0.384 million); the Midwest (-8.2 percent to 0.202 million); and the Northeast (-25.1 percent to 0.137 million).2020-03-18T12:34:00"
US Treasury Yields Continue to Rise,Government Bond 10Y,"US Treasury Yields Continue to RiseUnited States Government Bond 10YThe yield on the US 10-year Treasury note went up to 1.12% on Wednesday, breaking the 1% level for the second straight session and the first time it happens in two weeks. Investors welcomed a $1 trillion stimulus package announced by the Trump administration to help offset the economic impact of the coronavirus. The 30-year Treasury bond yield also went up to 1.78%.2020-03-18T09:09:35.923"
Dollar Strengthens Further,Currency,"Dollar Strengthens FurtherUnited States CurrencyThe US dollar extended gains on Wednesday as investors and businesses seek for liquidity as many companies, stores and plants are closed already and stock markets remain volatile. Also, investors continue to run away from riskier currencies and welcomed Trump administration stimulus plan of $1 trillion which includes direct payments to Americans, deferred taxes and focalized aid. The DXY was up 0.2% to 99.78 around 5:00 AM NY time. 2020-03-18T09:02:00"
US Stock Futures Point to Another Volatile Session,Stock Market,"US Stock Futures Point to Another Volatile SessionUnited States Stock MarketStock futures in the US traded lower on Wednesday and reached the limit down level after falling 5%. Futures point to another volatile session as investors remain very concerned about the worldwide impact of the coronavirus while in the US many businesses, retailers and plants are closed already. Also, Treasury Secretary Steven Mnuchin said the coronavirus could push US jobless rate to 20% without government action. On Tuesday, Wall Street rebounded from the worst sell-off since 1987 as the White House seeks a $1 trillion stimulus package that includes direct payments to Americans, deferred taxes and focalized aid. The Dow Jones surged 1049 points or 5.2% to 21237. The S&P 500 soared 143 points or 6% to 2529. The Nasdaq gained 430 points or 6.2% to 7335.2020-03-18T08:40:00"
US 10-Year Treasury Yields Break Above 1%,Government Bond 10Y,"US 10-Year Treasury Yields Break Above 1%United States Government Bond 10YThe yield on the US 10-year Treasury note increased to 1.02% on Tuesday, as Wall Street rebounded after the Treasury Secretary Steven Mnuchin said the stimulus measures the administration is considering could put about $1 trillion into the economy . The yield on the 30-year Treasury bond was also up to 1.47%.2020-03-17T20:09:35.66"
US Stocks Soar as Stimulus Hopes Mount,Stock Market,"US Stocks Soar as Stimulus Hopes MountUnited States Stock MarketWall Street closed deeply in the green on Tuesday, rebounding from the worst sell-off since 1987 as the White House seeks a massive stimulus package to stem a deteriorating economic outlook. According to CNBC citing familiar sources, the Trump administration is weighing a fiscal stimulus package of more than $1 trillion that includes direct payments to Americans, deferred taxes and focalized aid. Meanwhile, the Fed announced it is providing help to companies that are having problems getting short-term funding for basic operations, involving three-month paper for eligible companies. The Dow Jones surged 1049 points or 5.2% to 21237. The S&P 500 soared 143 points or 6% to 2529. The Nasdaq gained 430 points or 6.2% to 7335, mainly nudged by Apple, Netflix and Amazon.
2020-03-17T20:07:00"
"Confirmed Coronavirus Cases in the US Surpass 5,000",Coronavirus Cases,"Confirmed Coronavirus Cases in the US Surpass 5,000United States Coronavirus CasesThe number of Covid-19 infections in the US surpassed 5,000 from just over 1,000 a week ago, with the vast majority in Washington, New York and California. There are now confirmed cases in all states except for West Virginia, as testing ramps up. The Federal Reserve lowered its funds rate to nearly zero in a surprise move on Sunday night and announced today it will start buying up short-term US company to shore up corporate funding. Also, the White House unveiled a more aggressive stimulus package to counter the economic fallout from the coronavirus outbreak. The flu-like coronavirus already killed more than 90 people. 2020-03-17T17:04:17.407"
US Stocks Bounce Back,Stock Market,"US Stocks Bounce BackUnited States Stock MarketWall Street recovered from early losses on Tuesday, after the Dow dropped below 20,000 for the first time since 2017 and following its worst session in more than 30 years. The gains came as the Federal Reserve announced it was creating a Commercial Paper Funding Facility (CPFF), to support the flow of credit to households and businesses amid the Covid-19 crisis. The move will allow the Fed to buy up short-term debt issued by companies, supporting activity and jobs across the economy. In addition, Treasury Secretary Mnuchin said at a press briefing that the administration is looking at sending direct cash payments to Americans as part of a massive $850 billion stimulus package. The Dow rallied 567 points or 2.8%; the S&P 500 surged 88 points or 3.7%; and the Nasdaq climbed 290 points or 4.2% around 03:30 PM NY time.2020-03-17T15:33:00"
US Homebuilder Sentiment Falls More than Expected,Nahb Housing Market Index,"US Homebuilder Sentiment Falls More than ExpectedUnited States Nahb Housing Market IndexThe NAHB housing market index in the US fell to 72 in March of 2020 from 74 in the previous month and below market forecasts of 73. The current single-family sub-index declined to 79 from 81 in February; the sub-index for home sales for the next six months dropped to 75 from 79 and prospective buyers also went down to 56 from 57. It is important to note that half of the builder responses were collected prior to March 4, so the recent stock market declines and the rising economic impact of the coronavirus will be reflected more in next month's report, said NAHB chief economist Robert Dietz.2020-03-17T14:16:00"
US Business Inventories Fall in January,Business Inventories,"US Business Inventories Fall in JanuaryUnited States Business InventoriesManufacturers’ and trade inventories in the US fell 0.1 percent from a month earlier in January 2020, following a revised flat reading in December and matching market expectations. Stocks at manufacturers declined 0.1 percent (vs 0.4 percent in December) and those at merchant wholesalers dropped 0.4 percent (vs -0.3 percent in December). In addition, inventories at retailers were unchanged, after decreasing by 0.1 percent. Year-on-year, business inventories were up 1.1 percent in January. 2020-03-17T14:10:00"
US Job Openings Above Forecasts in January,Job Offers,"US Job Openings Above Forecasts in JanuaryUnited States Job OffersThe number of job openings in the US rose by 411,000 to 6.963 million in January 2020 from a revised 6.552 million in the previous month and above market expectations of 6.476 million. The largest increases were in finance and insurance (+65,000), federal government (+38,000), and mining and logging (+8,000). The number of job openings rose in the South region. 2020-03-17T14:05:00"
US Stocks' Gains Fade,Stock Market,"US Stocks' Gains FadeUnited States Stock MarketWall Street swung between gains and losses on Tuesday, after a rise at the open and the worst session since 1987 the day before. Investors remain concerned about the impact of the coronavirus and try to assess whether measures announced will be enough to offset it. Treasury Secretary Steven Mnuchin will ask the Congress to approve a $850 billion stimulus package, Politico and The Washington Post reported. All 3 key stock indexes have fallen more than 20% from a peak reached on February 19th and it seems that only a vaccine will be able to reverse the downward trend. A vaccine trial started on Monday. 2020-03-17T14:00:00"
US Treasury Yields Rise,Government Bond 10Y,"US Treasury Yields RiseUnited States Government Bond 10YThe yield on the US 10-year Treasury note increased to 0.82% on Tuesday, as Wall Street traded higher after its biggest sell-off since 1987 the day before. Also, investors nerves calmed a bit after news that the Trump administration will ask the Congress to pass a $850 billion stimulus package to help offset the economic impact of the coronavirus. The yield on the 30-year Treasury bond was also up to 1.38%.2020-03-17T13:53:14.757"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketWall Street opened higher on Tuesday, attempting to rebound from its worst session since 1987 the day before. Investors remain concerned about the impact of the coronavirus although welcomed news that Treasury Secretary Steven Mnuchin will ask the Congress to approve a $850 billion stimulus package. Hopes of a coronavirus vaccine also increased as many companies including labs and biotech companies are working on it and a vaccine trial started on Monday. The Dow Jones was up 0.6%, the S&P 500 gained 1% and the Nasdaq traded 1.1% higher around 10 minutes after the opening bell. 2020-03-17T13:32:00"
US Treasury Yields Rise,Government Bond 10Y,"US Treasury Yields RiseUnited States Government Bond 10YThe yield on the US 10-year Treasury note increased to 0.82% on Tuesday, as US stock futures traded higher and pointed to a rebound at the open after its biggest sell-off since 1987 the day before. The yield on the 30-year Treasury bond was also up to 1.38% 2020-03-17T11:10:40.903"
US Stock Futures Erase Gains,Stock Market,"US Stock Futures Erase GainsUnited States Stock MarketStock futures in the US erased earlier gains on Tuesday and pointed to another volatile session after the biggest sell-off since 1987 the day before as investors remain concerned about the impact of the coronavirus. Earlier in the day, S&P 500 futures gained more than 5% and reached their upper limit of trading. CNN reported that Treasury Secretary Steven Mnuchin asked GOP senators to support the House coronavirus relief bill and the next stimulus package the administration will launch. On Monday, stocks sold off again in another trade-halting session, dipping further into negative territory after President Trump warned the economic disruption from the virus could last until August and that the economy could fall into a recession while Fed moves failed to calm investors' concerns. The Dow Jones dropped 2997 points or 12.9% to 20189. The S&P 500 sank 325 points or 12% to 2386. The Nasdaq plummeted 970 points or 12.3% to 6905.2020-03-17T09:45:00"
US Stock Futures Rebound,Stock Market,"US Stock Futures ReboundUnited States Stock MarketStock futures in the US were up on Tuesday and pointed to a rebound at the open after the biggest sell-off since 1987 the day before. S&P 500 futures gained more than 5% and reached their upper limit of trading. CNN reported that Treasury Secretary Steven Mnuchin asked GOP senators to support the House coronavirus relief bill and the next stimulus package the administration will launch. On Monday, stocks sold off again in another trade-halting session, dipping further into negative territory after President Trump warned the economic disruption from the virus could last until August and that the economy could fall into a recession while Fed moves failed to calm investors' concerns. The Dow Jones dropped 2997 points or 12.9% to 20189. The S&P 500 sank 325 points or 12% to 2386. The Nasdaq plummeted 970 points or 12.3% to 6905.2020-03-17T08:34:38.817"
US Net Treasury International Capital Flows Rise,Capital Flows,"US Net Treasury International Capital Flows RiseUnited States Capital FlowsOverseas investors bought USD 122.9 billion of US assets, including short-dated instruments, in January 2020 more than an upwardly revised USD 78.7 billion purchase in December while markets were expecting them to sell USD 19.8 billion. Meanwhile, foreigners bought USD 25.6 billion of long-term US securities, including government and corporate after buying USD 41.1 billion in the previous month. Overseas investors bought USD 20.9 billion of Treasuries in January after buying a revised USD 85.6 billion in the previous month.2020-03-16T20:06:00"
Wall Street Suffers Worst Day Since 1987,Stock Market,"Wall Street Suffers Worst Day Since 1987United States Stock MarketUS stocks sold off on Monday in another trade-halting session, dipping further into negative territory after President Trump warned the economic disruption from the virus could last until August and that the economy could fall into a recession. Also, an emergency 100bps rate cut in the fed funds rate and a massive $700 billion quantitative easing program announced by the Fed on Sunday failed to calm investors' concerns. Abroad, several central banks slashed interest rates and governments imposed fresh travel restrictions, as global deaths surpassed 7 thousand. The Dow Jones dropped 2997 points or 12.9% to 20189. The S&P 500 sank 325 points or 12% to 2386. The Nasdaq plummeted 970 points or 12.3% to 6905.2020-03-16T20:02:00"
Stocks in United States Hit 3-year Low,Stock Market,Stocks in United States Hit 3-year LowUnited States Stock MarketDow Jones decreased to a 3-year low of 202982020-03-16T19:56:13.757
Wall Street Pares Some Losses,Stock Market,"Wall Street Pares Some Losses United States Stock MarketStocks in the US erased some losses after plunging more than 11% earlier in the session as Fed moves were not enough to calm investors' nerves. The Federal Reserve made another unexpected cut in the target range for its federal funds rate and launched a $700 billion quantitative easing program on March 15th, aiming to protect the US economy from the effects of the coronavirus. All key 3 stock indexes have fallen more than 20% from a peak reached on February 19th and it seems that only a vaccine for the coronavirus will be able to reverse the downward trend. The vaccine trial starts this Monday, according to Associated Press news.2020-03-16T15:28:31.877"
Dollar Becomes Less Attractive,Currency,"Dollar Becomes Less AttractiveUnited States CurrencyThe US dollar continued to fall on Monday after the Federal Reserve cut the target range for its federal funds rate by 100 bps to 0-0.25% during an emergency move the day before. The measure aims to protect the economy from the impact of the coronavirus and follows another emergency 50bps slash on March 3rd. However, the cuts were not able to calm investors concerns about the outbreak, prompting a rush for safe haven and making the dollar less attractive as rates are now very low. The DXY was down near 0.7% to 98.06 around 10:00 AM NY time.2020-03-16T14:07:00"
US Stocks Extend Declines,Stock Market,"US Stocks Extend DeclinesUnited States Stock MarketStocks in the US fell more than 11% on Monday even after trading halted right after the opening bell as Fed moves were not enough to calm investors' nerves. The Federal Reserve made another unexpected cut in the target range for its federal funds rate and launched a $700 billion quantitative easing program on March 15th, aiming to protect the US economy from the effects of the coronavirus. All key 3 stock indexes have fallen more than 20% from a peak reached on February 19th and it seems that only a vaccine for the coronavirus will be able to reverse the downward trend. The vaccine trial starts this Monday, according to Associated Press news.2020-03-16T13:52:00"
US Stocks Drop Sharply at the Open,Stock Market,"US Stocks Drop Sharply at the OpenUnited States Stock MarketStocks in the US plunged at the open on Monday, with the S&P 500 falling 8% and triggering a circuit breaker trading halt as Fed moves were not enough to calm investors' nerves. The Federal Reserve made another unexpected cut in the target range for its federal funds rate and launched a $700 billion quantitative easing program on March 15th, aiming to protect the US economy from the effects of the coronavirus. 2020-03-16T13:36:09.597"
US Stock Futures Sink,Stock Market,"US Stock Futures SinkUnited States Stock MarketStock futures in the US plunged and the SPY ETF tumbled 9%, pointing to a possible circuit breaker shortly after the regular session starts as Fed moves were not enough to calm investors' nerves. The Federal Reserve made another unexpected cut in the target range for its federal funds rate and launched a $700 billion quantitative easing program on March 15th, aiming to protect the US economy from the effects of the coronavirus. On Friday, the Dow Jones jumped 9.4% or 1985 points to 23186, the S&P 500 rallied 9.3% or 230 points to 2711 and the Nasdaq soared 9.3% or 672 points to 7874 as the Trump administration declared a national emergency over the coronavirus outbreak.2020-03-16T11:47:12.317"
US 10-Year Bond Yield Falls after Fed,Government Bond 10Y,US 10-Year Bond Yield Falls after FedUnited States Government Bond 10YThe yield on the US 10-year Treasury note declined to 0.6586% on Monday as investors rush for safe assets amid mounting fears over the economic impact of the coronavirus and after another emergency interest rate cut from the Fed failed to add confidence. The yield on the 30-year Treasury bond also declined to 1.2893%.2020-03-16T10:51:00
Dollar Extends Decline,Currency,Dollar Extends DeclineUnited States CurrencyThe US dollar continued to fall on Monday after the Federal Reserve cut the target range for its federal funds rate by 100 bps to 0-0.25% during an emergency move the day before. The measure aims to protect the economy from the impact of the coronavirus and follows another emergency 50bps slash on March 3rd. The DXY was down near 1% to 97.77 around 5:55 AM NY time. 2020-03-16T09:55:00
US Stock Futures Slump after Fed Move,Stock Market,"US Stock Futures Slump after Fed MoveUnited States Stock MarketStock futures in the US plunged near 5%, hitting limits on trading as Fed moves were not enough to calm investors' nerves. The Federal Reserve made another unexpected cut in the target range for its federal funds rate and launched a $700 billion quantitative easing program on March 15th, aiming to protect the US economy from the effects of the coronavirus. On Friday, the Dow Jones jumped 9.4% or 1985 points to 23186, the S&P 500 rallied 9.3% or 230 points to 2711 and the Nasdaq soared 9.3% or 672 points to 7874 as the Trump administration declared a national emergency over the coronavirus outbreak.2020-03-15T22:29:00"
Dollar Loses Near 1% after Fed Move,Currency,Dollar Loses Near 1% after Fed MoveUnited States CurrencyThe dollar index dropped near 1% to 97.75 on Sunday night after the Federal Reserve cut the target range for its federal funds rate by 100 bps to 0-0.25% during an emergency move. The measure aims to protect the economy from the impact of the coronavirus and follows another emergency 50bps slash on March 3rd. 2020-03-15T22:12:00
US Stocks Surge after Trump Announcement,Stock Market,"US Stocks Surge after Trump AnnouncementUnited States Stock MarketWall Street extended gains on Friday as President Trump declared a national emergency to open up access to a $50 billion fund to assist Americans affected by the outbreak. The Trump administration also asked every hospital to activate the emergency plan, will enable more beds in hospitals and waive laws to allow tele-health. Stocks rose more than 7%, beating a 6% surge at the open.2020-03-13T19:59:04.79"
Dollar Extends Gains,Currency,"Dollar Extends GainsUnited States CurrencyThe dollar index touched 98.82 on Friday, rising for the fourth consecutive day, as President Trump declared a national emergency over the coronavirus to open access to a $50 billion fund to assist Americans affected by the virus. The dollar was already appreciating earlier in the session amid a rebound on Wall Street and after Nancy Pelosi announced that US lawmakers and the administration were close to a reach a deal to support the economy.2020-03-13T19:38:00"
US Stocks Hold Gains after Trump Declares National Emergency,Stock Market,"US Stocks Hold Gains after Trump Declares National EmergencyUnited States Stock MarketWall Street was keeping the gains on Friday after rising as much as 6% on the open, as investors monitor the rapid spread of the coronavirus worldwide and as President Trump declared a national emergency over the outbreak to open access to a $50 billion fund to assist Americans affected by the virus. Earlier, markets welcomed Nancy Pelosi announcement that US lawmakers and the administration were close to making a deal on economic stimulus although no more details have been provided yet.2020-03-13T19:37:00"
Dow Jones is up by 2.02%,stock market,Dow Jones is up by 2.02%United States stock marketDow Jones Industrial Average increased by 2% to 216282020-03-13T19:34:10.41
Dollar Rises Further As Trump is Set to Declare National Emergency,Currency,"Dollar Rises Further As Trump is Set to Declare National EmergencyUnited States CurrencyThe dollar index touched 98.67 on Friday, rising for the fourth consecutive day, as President Trump plans to declare a national emergency over the coronavirus during the press conference later in the day. The dollar was already appreciating earlier in the session amid a rebound on Wall Street and after Nancy Pelosi announced that US lawmakers and the administration were close to a reach a deal to support the economy.2020-03-13T16:10:00"
US Stocks Struggle to Hold onto Gains,Stock Market,"US Stocks Struggle to Hold onto GainsUnited States Stock MarketWall Street pared gains on Friday after a near 6% surge at the open as investors monitor the rapid spread of the coronavirus worldwide and as President Trump is expected to declare a national emergency over the outbreak during the press conference later in the day. Earlier, markets welcomed Nancy Pelosi announcement that US lawmakers and the administration were close to a deal on economic support although no more details have been provided yet. Meanwhile, NY already declared the state of emergency and imposed restrictions on public gatherings. The Dow Jones climbed 4.8%, the S&P 500 gained 4.6% and the Nasdaq traded 4.3% higher around 2:00 PM NY time.2020-03-13T16:00:00"
Dollar Continues to Appreciate,Currency,"Dollar Continues to AppreciateUnited States CurrencyThe US dollar extended gains for the 3rd session on Friday amid a rebound on Wall Street and in European major stock markets. Investors also welcomed Nancy Pelosi announcement that US lawmakers and the administration were close to a deal on economic support. The DXY topped an intraday high of 98.297. On Thursday, the greenback rose as much as 2% to the highest level since the end of February as investors rush for liquidity as stock markets plunged the most since 1987.2020-03-13T14:19:00"
US Stocks Surge,Stock Market,"US Stocks SurgeUnited States Stock MarketWall Street jumped on Friday, attempting to recover from its worst trading session since the 1987 market crash the day before. Investors continue to asses the spread of the coronavirus and measures taken to offset the economic impact of the disease and welcomed Nancy Pelosi announcement that US lawmakers and the administration were close to a deal on economic support. Meanwhile, NY already declared the state of emergency and imposed restrictions on public gatherings, including Broadway theatres. The Dow Jones was up 6.2%, the S&P 500 gained 6.1% and the Nasdaq traded 6.2% higher 2 minutes after the opening bell. 2020-03-13T13:34:00"
US Import Prices Fall the Most in 6 Months,Import Prices MoM,"US Import Prices Fall the Most in 6 MonthsUnited States Import Prices MoMImport prices in the US dropped 0.5 percent from a month earlier in February 2020, following a revised 0.1 percent gain in January and compared to market expectations of a 0.8 percent fall. It was the largest decline in import prices since last August as import fuel prices decreased the most since June led by lower prices for petroleum. In contrast, nonfuel import prices increased 0.3 percent boosted by higher prices for nonfuel industrial supplies and materials; foods, feeds, and beverages; and capital goods. Year-on-year, import prices declined 1.2 percent.2020-03-13T12:34:00"
US Stock Futures Rise,Stock Market,"US Stock Futures RiseUnited States Stock MarketStock futures in the US were rising on Friday and pointed to gains at the open, after Wall Street suffered its worst session since the 1987 market crash the day before as NY Fed extraordinary funding actions and Trump's measures failed to ease coronavirus concerns. On Friday, Dow futures were up near 600 points, S&P 500 more than 70 and the Nasdaq ones more than 230 points around 5:00 AM NY time. On Thursday, the Dow Jones plummeted 2352 points or 10% to 21201; the S&P 500 lost 261 points or 9.5% to 2481; and the Nasdaq finished 750 points or 9.4% lower at 7202. All 3 key stock indexes have now entered bear market territory.2020-03-13T09:03:00"
US Stocks Book Worst Session Since 1987,Stock Market,"US Stocks Book Worst Session Since 1987United States Stock MarketWall Street plummeted for a second straight day despite paring some losses earlier in the session as the Federal Reserve's extraordinary funding actions failed to ease coronavirus concerns. The New York Fed announced during mid-session it will now expand its asset purchases across a range of maturities including notes, bills, and other instruments. It will also start purchasing coupon-bearing securities. Purchases are set to begin Thursday and will continue through April 13th, with the second phase of new operations programmed thereafter. The Fed will continue to offer at least $175 billion in overnight reports and $45 billion in two-weak operations. The Dow Jones plummeted 2352 points or 10% to 21201, its worst one-day drop since the 1987 market crash; the S&P 500 lost 261 points or 9.5% to 2481; and the Nasdaq finished 750 points or 9.4% lower at 7202. All 3 key stock indexes have now entered bear market territory.2020-03-12T19:46:00"
Wall Street Enters Bear Market Despite Fed Move,Stock Market,"Wall Street Enters Bear Market Despite Fed MoveUnited States Stock MarketUS stocks continued to fall in afternoon trading on Thursday after New York Fed's $500 billion injection of liquidity was not able to calm down investors. US equity market is facing its biggest sell-off since the 1987 market crash, on persistent worries about the spread of COVID-19 and its impact on the global economy following the World Health Organization’s decision to declare the coronavirus outbreak a pandemic. Fears of a global recession increased amid growing skepticism about the Trump administration's stimulus plan that includes suspending all travel from Europe over the next 30 days. The Dow Jones lost 1879 points or 8%; the S&P 500 retreated 202 points or 7.4%; and the NASDAQ fell 584 points, or 7.3%, around 3pm NY time.2020-03-12T17:26:00"
US Stocks Sink,Stock Market,US Stocks SinkUnited States Stock MarketWall Street continued to sink on Thursday after trading halted for 15 minutes as the S&P 500 dropped 7% and the Dow Jones fell deeper in the bear market territory. Coronavirus fears mount as the virus spreads worldwide and investors doubt the announced stimulus measures will be enough to help offset the economic impact. US President said he would be suspending all travel from Europe for the next 30 days starting Friday.2020-03-12T13:59:00
"S&P 500 Sinks 7%, Triggering Circuit Breaker",Stock Market,"S&P 500 Sinks 7%, Triggering Circuit BreakerUnited States Stock MarketWall Street continued to fall on Thursday as the coronavirus spreads worldwide and investors doubt the announced stimulus measures would be enough to help offset the economic impact. US President said he would be suspending all travel from Europe for the next 30 days starting Friday while ECB response did not include a widely expected deposit rate cut or any specific measures to support Italy. The Dow Jones declined 7.1%, the S&P 500 fell 7% and the Nasdaq plunged 6.9% around 5 minutes after the opening bell. The Dow Jones traded deeper in the bear market territory and the S&P 500 joined it. Trade halted for 15 minutes after the S&P 500 dropped 7%.
2020-03-12T13:34:00"
US Stock Futures Continue to Decline,Stock Market,"US Stock Futures Continue to DeclineUnited States Stock MarketUS futures fell deeper into correction territory on Thursday, extending the plunge from the previous session after the WHO officially declared coronavirus a global pandemic and as long-awaited President Trumps's television address disappointed investors. US President said he would be suspending all travel from Europe for the next 30 days starting Friday, would soon announce emergency action to provide financial relief for workers who fall ill or need to be quarantined and would instruct the Small Business Administration to “provide capital and liquidity” to small businesses. On Wednesday, the Dow Jones plummeted 1465 points or 5.9% to 23553, entering a bear market amidst a 20% drop from last month's record close. The S&P 500 plunged 141 points or 4.9% to 2741. The Nasdaq tumbled 392 points or 4.7% to 7952. Both the S&P 500 and the Nasdaq are now 19% below a recent peak reached in February.2020-03-12T11:31:00"
US Futures Sink on Thursday,Stock Market,"US Futures Sink on ThursdayUnited States Stock MarketUS futures fell deeper into correction territory on Thursday during the early Asian session after the WHO officially declared coronavirus a global pandemic and as long-awaited President Trumps's television address disappointed investors. US President said he would be suspending all travel from Europe for the next 30 days starting Friday, would soon announce emergency action to provide financial relief for workers who fall ill or need to be quarantined and would instruct the Small Business Administration to “provide capital and liquidity” to small businesses. On Wednesday, the Dow Jones plummeted 1465 points or 5.9% to 23553, entering a bear market amidst a 20% drop from last month's record close. The S&P 500 plunged 141 points or 4.9% to 2741. The Nasdaq tumbled 392 points or 4.7% to 7952. Both the S&P 500 and the Nasdaq are now 19% below a recent peak reached in February.2020-03-12T02:08:06.547"
"US Stocks Sink, Dow Enters Bear Market",Stock Market,"US Stocks Sink, Dow Enters Bear MarketUnited States Stock MarketWall Street tumbled on Wednesday and the Dow entered a bear market, as the WHO declared the novel coronavirus outbreak a global pandemic and concerns mounted over the Trump administration’s fiscal stimulus package. Uncertainty on the timing remains unclear, while Sen. Chuck Grassley, head of the Finance Committee, said the tax cut needed to be examined. On Tuesday, Johns Hopkins University confirmed more than 1000 coronavirus cases in the US alone, triggering anxiety. Abroad, the Bank of England cut the monetary policy rate by 50 bps to 0.25%, mimicking the Federal Reserve’s response. Cruises and airlines were dragged by unclear aid stimulus. The Dow Jones plummeted 1465 points or 5.9% to 23553, entering a bear market amidst a 20% drop from last month record close. The S&P 500 plunged 141 points or 4.9% to 2741. The Nasdaq tumbled 392 points or 4.7% to 7952. Both the S&P 500 and the Nasdaq are now 19% below a recent peak reached in February.2020-03-11T20:04:00"
Dow Jones Falls More than 5%,Stock Market,"Dow Jones Falls More than 5%United States Stock MarketUS stocks fell deeper into negative territory on Wednesday, erasing a 5% gain in the previous session, after WHO officially declared coronavirus a global pandemic and as investors await concrete fiscal policy measures from Trump administration. The Dow Jones was down more than 5%, the S&P 500 fell 4.7% and the Nasdaq dropped 3.8% around 2PM New York time. 2020-03-11T18:08:00"
US Crude Oil Stocks Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 7.664 million barrels in the week ended March 6th of 2020, following a 0.785 million gain in the previous week and compared with market expectations of a 2.266 million gain, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went down by 5.048 million barrels after decreasing by 4.340 million in the previous week and compared with market consensus of a 2.482 million decline.2020-03-11T14:36:04.933"
US Stocks Slump,Stock Market,"US Stocks SlumpUnited States Stock MarketWall Street opened sharply lower on Wednesday, partially erasing a 5% surge in the previous session, as investors continue to follow the worldwide spread of the coronavirus and try to assess whether announced fiscal and monetary stimulus will be enough to offset the impact of the outbreak. On Tuesday, President Trump said the administration will help the cruise line and airline industry and pitched a 0% payroll tax rate according to CNBC. Such news lifted investors' mood although no more details were provided which raised doubts about the timing and the effectiveness of such measures. Also, the number of coronavirus cases in the country surpassed 1K. The Dow Jones was down 3%, the S&P 500 fell 2.9% and the Nasdaq dropped 2.6% around 2 minutes after the opening bell. 2020-03-11T13:32:00"
Benchmark 30-Year Fixed-Rate Mortgage Drop to Record Low,Mortgage Rate,Benchmark 30-Year Fixed-Rate Mortgage Drop to Record LowUnited States Mortgage RateThe interest rate on the benchmark 30-year fixed-rate mortgage fell 10bps to 3.47 percent to match a record low as the coronavirus outbreak sent government bond yields tumbling.2020-03-11T11:19:00
Dollar Falls on Wednesday,Currency,"Dollar Falls on WednesdayUnited States CurrencyThe US dollar declined on Wednesday amid lack of clarity about Washington's fiscal response to the coronavirus outbreak while the number of cases in the country surpassed 1K. President Trump said this week he will meet with the Congress to discuss major measures, including a payroll tax cut or relief. The administration also said it will help the cruise line and airline industry although no more details were provided. The DXY pared some of the losses after the Bank of England followed the Fed move from last week, and announced an emergency 50bps cut in its key interest rate. The DXY was down 0.3% to 96.15 around 7:15 AM NY time. 2020-03-11T11:19:00"
US Stock Futures Point to Another Volatile Session,Stock Market,"US Stock Futures Point to Another Volatile SessionUnited States Stock MarketUS Stock futures were down on Wednesday, after a 5% surge in the previous session, as investors continue to follow the worldwide spread of the coronavirus and try to assess whether announced fiscal and monetary stimulus will be enough to offset the impact of the outbreak. Dow futures were down more than 300 points, S&P 500 40 points and Nasdaq more than 100 points around 5:15 AM NY time. On Tuesday, Wall Street rallied sharply heading into the close in a volatile session after CNBC reported that President Trump pitched a 0% payroll tax rate that would last through the rest of 2020. 2020-03-11T09:19:00"
"US Stocks Rebound Sharply on Tax Cut, Virus Aid Hopes",Stock Market,"US Stocks Rebound Sharply on Tax Cut, Virus Aid HopesUnited States Stock MarketWall Street rallied sharply on Tuesday in a volatile session following the worst trading day since the 2008 financial crisis, as a White House official revealed some details of President Trump’s proposed stimulus measures. According to CNBC, the president pitched a 0% payroll tax rate that would last through the rest of 2020. The plan also considers federal assistance for the shale industry amidst plunging oil prices. The Trump administration also announced earlier that it will help the cruise line and airline industry and that health insurance companies will waive all co-pays on coronavirus testing and Medicare and Medicaid will cover coronavirus treatments. On the corporate side, airline stocks soared after companies announced more flight cuts in domestic and international markets, frozen hiring and parked planes. The Dow Jones soared 1167 points or 4.9% to 25018. The S&P 500 jumped 136 points or 4.9% to 2882. The Nasdaq climbed 394 points or 5% 8344.2020-03-10T20:04:00"
Wall Street Rebounds on Stimulus Bets,Stock Market,"Wall Street Rebounds on Stimulus BetsUnited States Stock MarketUS stocks rose on Tuesday afternoon trading after briefly turned negative earlier in the day, on stimulus hopes after President Trump said he will ask lawmakers for a fiscal stimulus package including a payroll tax cut among other measures to ease the economic impact of the coronavirus outbreak. The Trump administration also announced that it will help the cruise line and airline industry and that health insurance companies will wave all co-pays on coronavirus testing and Medicare and Medicaid will cover coronavirus treatments lifting investors’ sentiment. The Dow Jones gained 2.7%, the S&P 500 was up 2.9% and the Nasdaq added 3% around 02:55 PM NY time.2020-03-10T18:58:00"
US Stocks Volatile,Stock Market,"US Stocks VolatileUnited States Stock MarketWall Street swung between gains and losses as investors remain cautious about the timing of the stimulus measures pledged by President Trump after CNBC reported that the Trump administration is not close to rolling out specific proposals. Still, the Trump administration announced that it will help the cruise line and airline industry and that health insurance companies will wave all co-pays on coronavirus testing and Medicare and Medicaid will cover coronavirus treatments. The Dow Jones was up 0.7%, the S&P 500 added 0.9% and the Nasdaq gained 1.2% around 12:00 PM NY time. 2020-03-10T16:02:00"
US Stocks Reverse Gains,Stock Market,"US Stocks Reverse GainsUnited States Stock MarketWall Street erased earlier gains to trade in negative territory on Tuesday morning as investors start questioning whether stimulus measures announced by President Trump will be enough to offset the impact of the coronavirus. Also, CNBC reported that the Trump administration is not close to roll out specific proposals. On Monday President Trump said he will meet with Congressional Republicans to discuss a payroll tax cut or relief and that more details would be delivered on Tuesday. Vice President Mike Pence also added that the administration will discuss with the Congress providing paid sick leave to workers. 2020-03-10T15:40:00"
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street opened in the green on Tuesday, after having its worst trading session since the 2008 financial crisis on Monday as investors welcomed President Trump announcement of a possible payroll tax cut or relief, a measure aimed to protect the economy against the impact of the spreading coronavirus outbreak. The President said he will meet with Congressional Republicans to discuss the measure and that more details will be delivered on Tuesday. Vice President Mike Pence also added that the administration will discuss with the Congress providing paid sick leave to workers. The Dow Jones surged 3.5%, the S&P 500 gained 3.3% and the Nasdaq traded 3.3% higher around 2 minutes after the opening bell. However, those gains were less than half of Monday's losses.2020-03-10T13:34:00"
US Stock Futures Jump,Stock Market,"US Stock Futures JumpUnited States Stock MarketStock futures in the US were up on Tuesday as investors welcomed President Trump announcement of a possible payroll tax cut or relief, a measure aimed to protect the economy against the impact of the spreading coronavirus outbreak. The President said he will meet with Congressional Republicans to discuss the measure and that more details will be delivered on Tuesday. Vice President Mike Pence also added that the administration will discuss with the Congress providing paid sick leave to workers. Dow Jones and Nasdaq futures were up more than 4% and contracts on the S&P 500 have been suspended for some time after gaining 5%. On Monday, Wall Street sold off once again and suffered its worst trading session since the 2008 financial crisis. The Dow Jones plummeted 2014 points, the S&P 500 226 points and the Nasdaq 625 points. 2020-03-10T11:46:00"
Oil-Related Currencies Rebound After Sharp Sell-off,Currency,"Oil-Related Currencies Rebound After Sharp Sell-off United States CurrencyThe currencies of oil-exposed countries recovered on Tuesday, driven by a rebound in oil prices from their historic sell-off a day earlier as expectations of coordinated stimulus from global central banks and governments steadied nerves. The Mexican peso rose more than 1% against the dollar, with the country’s central bank stepping into the foreign exchange market to support the currency; the Norwegian krone recovered from a record low and the Russian jumped by nearly 3% although it continued to trade at levels not seen since 2016. Meantime, the Canadian dollar was steady near a 14-month low hit in the previous session.2020-03-10T11:09:00"
Dollar Gains after Trump Pledges to Help the Economy,Currency,"Dollar Gains after Trump Pledges to Help the EconomyUnited States CurrencyThe dollar was up more than 1% on Tuesday as investors welcomed President Trump announcements of 'major' steps to help the US economy. The President said on Monday that he will discuss with Congress several measures to help offset the economic impact of the coronavirus, including a payroll tax cut or relief and will hold a press conference to announce them. The DXY was up 1.1% to 95.95 around 6:50 AM NY time. 2020-03-10T10:53:00"
US Stock Futures Rise after Trump Announces Fiscal Stimulus,Stock Market,"US Stock Futures Rise after Trump Announces Fiscal StimulusUnited States Stock MarketStock futures in the US were up on Tuesday and pointed to a rise at the open as investors welcomed President Trump announcement of a possible payroll tax cut or relief, a measure aimed to protect the economy against the impact of the spreading coronavirus outbreak. The President said he will meet with Congressional Republicans to discuss the measure and that more details will be delivered on Tuesday. Vice President Mike Pence also added that the administration will discuss with the Congress providing paid sick leave to workers. Dow futures were up more than 800 points, S&P 500 more than 90 and Nasdaq ones near 300 around 5:00 AM NY time. On Monday, Wall Street sold off once again and suffered its worst trading session since the 2008 financial crisis. The Dow Jones plummeted 2014 points, the S&P 500 226 points and the Nasdaq 625 points. Trading was halted for 15 minutes until reopening at 9:49 AM NY time after the S&P 500 fell 7%.2020-03-10T09:00:00"
US Stocks Crash as Oil Plunges Over 20%,Stock Market,"US Stocks Crash as Oil Plunges Over 20%United States Stock MarketWall Street sold off once again on Monday to suffer its worst trading session since the 2008 financial crisis, as crude prices tumbled more than 20% and the coronavirus continued to spread. Saudi Arabia cut official crude selling prices for April, abandoning previous attempts to support the oil market on weakening global demand amid the coronavirus outbreak. OPEC talks had previously collapsed on Friday. Oil did pare some of the losses of over 30% earlier in the session, but still suffered its worst trading day since 1991. Meanwhile, the 10-year Treasury yield sank to a new low below 0.5%. The Dow Jones plummeted 2014 points or 7.8% to 23851. The S&P 500 plunged 226 points or 7.6% to 2747. The Nasdaq sank 625 points or 7.3% to 7951. Trading was halted for 15 minutes until reopening at 9:49 AM NY time after the S&P 500 fell 7%. All the 3 stock indexes are on track to enter bear market territory.
2020-03-09T20:05:00"
US Stocks Bleed,Stock Market,"US Stocks BleedUnited States Stock MarketMain US stock market indexes fell sharply on Monday and were set for their worst day since 2008, as investors already concerned with the Covid-19 outbreak, now need to factor the effects of plunging oil prices in the global economy. Crude oil futures fell as much as 30 percent after Saudi Arabia announced the biggest cut in oil prices for more than 30 years in response to the collapse of its OPEC+ alliance with Russia. At one point in morning trading, the Dow Jones was down 2000 points and the S&P 500 declined more than 7% triggering a ‘circuit breaker’.2020-03-09T13:54:00"
"US Stocks Sink, Trading Halted Until 9:49 AM NY time",Stock Market,"US Stocks Sink, Trading Halted Until 9:49 AM NY timeUnited States Stock MarketWall Street plunged on Monday and halted for 15 minutes after the S&P 500 dropped 7%. Stocks will resume trading at 9:49 AM NY time. On Monday, investors already concerned with coronavirus outbreak were hit by an oil price war between Saudi Arabia and Russia. Crude oil futures fell as much as 30 percent after Saudi Arabia announced the biggest cut in oil prices for more than 30 years in response to the collapse of its OPEC+ alliance with Russia. The Dow Jones fell 1827 points, the S&P 500 sank 205 points and the Nasdaq 611 points at the open. 2020-03-09T13:32:00"
US 10-Year Treasury Yield Below 0.4% for 1st Time,Government Bond 10Y,"US 10-Year Treasury Yield Below 0.4% for 1st TimeUnited States Government Bond 10YThe yield on 10-year US Treasury fell to a fresh record low of 0.318% on Monday, as an all-out price war and worries regarding the fast-spreading coronavirus outbreak sent investors rushing to safe-haven assets. The entire US Treasury yield curve fell below 1% for the first time ever, as the yield on the 30-year bond also hit an all-time low of 0.70%, and that on the two-year note, which typically moves in step with interest rate expectations, dropped to 0.285%, its lowest level since 2014.2020-03-09T09:46:00"
US Stocks Futures Halted by Circuit Breakers,Stock Market,"US Stocks Futures Halted by Circuit BreakersUnited States Stock MarketTrading has been halted for several U.S. stock futures after circuit breakers got activated in several exchanges. Earlier, Dow Jones futures were down more than 1300 points after investors already concerned with coronavirus outbreak were hit by an oil price war between Saudi Arabia and Russia. Crude oil futures fell as much as 30 percent after Saudi Arabia announced the biggest cut in oil prices for more than 30 years in response to the collapse of its OPEC+ alliance with Russia. 2020-03-09T08:27:00"
Dow Futures Slide more than 1200 Points,Stock Market,"Dow Futures Slide more than 1200 PointsUnited States Stock MarketDow Jones futures were down more than 1200 points in the early trading hours in Asia after investors already concerned with coronavirus outbreak were hit by an oil price war between Saudi Arabia and Russia. Crude oil futures fell as much as 30 percent after Saudi Arabia announced the biggest cut in oil prices for more than 30 years in response to the collapse of its OPEC+ alliance with Russia. On Friday, The Dow Jones plunged 256 points or 1% to 25865, the S&P 500 sank 52 points or 1.7% to 2972 and the Nasdaq tumbled 163 points or 1.9% to 8576.2020-03-09T01:36:00"
US 10Y Bond Yield Hits All-time Low,Government Bond 10Y,US 10Y Bond Yield Hits All-time Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to an all-time low of 0.4995%2020-03-08T23:56:05.75
The Dow Jones Index falling 2.80%,Stock Market,"The Dow Jones Index falling 2.80%United States Stock MarketUnited States Stock Market is dropping 731 points. Leading the losses are General Electric (-7.44%), JPMorgan Chase (-6.41%) and Exxon Mobil (-5.73%).2020-03-06T20:30:02.093"
US Consumer Credit Grows Below Expectations,Consumer Credit,"US Consumer Credit Grows Below ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 12 billion in January, down from a downwardly revised USD 20.25 billion gain in December and below market expectations of a USD 16.5 billion rise. Revolving credit including credit card borrowing declined USD 3.1 billion after rising a revised USD 11 billion in the previous month. Meanwhile, non-revolving credit including loans for education and automobiles jumped USD 15.1 billion after a USD 9.2 billion advance in the prior month. Year-on-year, credit grew 3.4 percent, down from a 5.8 percent expansion in December.
2020-03-06T20:07:16.237"
US January Wholesale Inventories Revised Down,Wholesale Inventories,"US January Wholesale Inventories Revised DownUnited States Wholesale InventoriesUS wholesale inventories dropped 0.4 percent from a month earlier in January 2020 instead of falling 0.2 percent as previously reported, compared to a 0.3 percent decline in December. Apparel stocks were down 0.9 percent (vs -1.2 percent in December) while wholesale auto inventories rose slightly by 0.1 percent (vs -0.8 percent in December). The component of wholesale inventories that goes into the calculation of GDP also declined 0.4 percent in January. Year-on-year, stocks increased 0.4 percent.2020-03-06T15:06:00"
Dollar Index Hits 13-month Low,currency,Dollar Index Hits 13-month LowUnited States currencyDXY decreased to a 13-month low of 95.7382020-03-06T14:50:11.743
US Imports Fall 1.6% in January,Imports,"US Imports Fall 1.6% in JanuaryUnited States ImportsImports to the United States dropped USD 4.2 billion from the previous month to USD 253.9 billion in January 2020, led by declines in purchases of industrial supplies and materials, such as non-monetary gold and other petroleum products, as well as imports of other goods. On a non seasonally adjusted basis, imports were down from the EU (-6.3 percent), Japan (-9.5 percent), Canada (-7.3 percent) and China (-1.1 percent). Imports from Mexico, however, rose 2.6 percent.2020-03-06T13:39:00"
US Futures Continue to Fall Despite Strong Payroll Figures,Stock Market,"US Futures Continue to Fall Despite Strong Payroll FiguresUnited States Stock MarketStock futures in the US have been falling sharply on Friday as the number of coronavirus infections continues to spread in the US and worldwide and as strong jobs report for February was not able to calm investors nerves. The US economy added 273K jobs in February, the most since May 2018 and beating market forecasts of 175K. Dow futures were down more than 700 points, S&P 500 more than 290 and Nasdaq ones also more than 290 around 8:40 AM NY time. On Thursday, the Dow Jones plunged 970 points or 3.6% to 26122, the S&P 500 plummeted 106 points or 3.4% to 3024 and the Nasdaq sank 279 points or 3.1% to 8739. Still, three key stock indexes were on track to book gains for week, recovering from the biggest drop since the 2008 financial crisis last week.2020-03-06T13:38:00"
US Exports Drop 0.4% in January,Exports,"US Exports Drop 0.4% in JanuaryUnited States ExportsExports from the United States fell USD 0.9 billion from the previous month to USD 208.6 billion in January 2020, due to decreases in sales of capital goods, in particular civilian aircraft, and industrial supplies and materials, such as crude oil and fuel oil. Meanwhile, motor vehicle and parts exports rose. On a non seasonally adjusted basis, exports to China tumbled 18.7 percent and those to Japan plunged 19.1 percent. On the other hand, there were increases in sales to Mexico (9.3 percent), the EU (1.5 percent) and Canada (1.2 percent).2020-03-06T13:37:00"
US Wages Rise at Faster 0.3% MoM in February,Average Hourly Earnings,"US Wages Rise at Faster 0.3% MoM in FebruaryUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents, or 0.3 percent month-over-month to USD 28.52 in February 2020, after increasing 0.2 percent in January and matching market expectations. Year-on-year, average hourly earnings have increased by 3.0 percent, slightly below 3.1 percent in the previous month and in line with market consensus. In February, average hourly earnings of private-sector production and nonsupervisory employees increased by 8 cents to USD 23.96.2020-03-06T13:32:00"
US Jobless Rate Unexpectedly Falls to 3.5%,Unemployment Rate,"US Jobless Rate Unexpectedly Falls to 3.5%United States Unemployment RateThe US unemployment rate decreased to 3.5 percent in February of 2020 from 3.6 percent in the previous month while markets had expected it to be unchanged at 3.6 percent. The number of unemployed people decreased by 105 thousand to 5.79 million while employment rose by 45 thousand to 158.76 million. The unemployment rate has been either 3.5 percent or 3.6 percent for the past 6 months. Meantime, the labor force participation rate was unchanged at 63.4 percent. 2020-03-06T13:32:00"
Wall Street Set to Extend Declines on Friday,Stock Market,"Wall Street Set to Extend Declines on FridayUnited States Stock MarketStock futures in the US have been falling sharply on Friday as the number of coronavirus infections continues to spread in the US and worldwide. In the US, many tech companies including Facebook, Amazon, Google and Microsoft told employees in the Seattle area to work from home. Investors also await the nonfarm payrolls release later in the day, with forecasts pointing to a 175K jobs gain in February, below 225K reported in January. Dow futures were down more than 600 points, S&P 500 more than 70 points and Nasdaq more than 200 points around 7 AM NY time. On Thursday, the Dow Jones plunged 970 points or 3.6% to 26122, the S&P 500 plummeted 106 points or 3.4% to 3024 and the Nasdaq sank 279 points or 3.1% to 8739. Still, three key stock indexes were on track to book gains for week, recovering from the biggest drop since the 2008 financial crisis last week.2020-03-06T09:25:00"
US Stocks Tank as Virus Fears Intensify,Stock Market,"US Stocks Tank as Virus Fears IntensifyUnited States Stock MarketWall Street sold off on Thursday, as volatility extended amid growing anxiety over the impact of the novel and fast-spreading coronavirus on global growth. In recent hours, countries around the world extended quarantines and travel restrictions, while California and New York cases ramped up. Safe haven assets rallied, with gold prices rising and yields tumbling. Airline and bank shares were among the worst performers. The Dow Jones plunged 970 points or 3.6% to 26122. The S&P 500 plummeted 106 points or 3.4% to 3024. The Nasdaq sank 279 points or 3.1% to 8739.
2020-03-05T21:05:00"
Dow Jones traded below 26000,stock market,"Dow Jones traded below 26000 United States stock marketDow Jones Industrial Average  26000 on Thursday March 5, 20202020-03-05T20:55:46.24"
US 10Y Bond Yield Hits All-time Low,Government Bond 10Y,US 10Y Bond Yield Hits All-time Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to an all-time low of 0.9408%2020-03-05T16:29:12.787
US Shares Plunge,Stock Market,"US Shares PlungeUnited States Stock MarketWall Street tumbled at the open on Thursday, following a 4% rally in the previous session as investors continued to worry about the economic impact of the coronavirus, as the number of infections worldwide continues to increase. Also, traders remain reluctant about the stimulus measures already announced. The World Bank proposed an initial package of up to $12 billion to help countries dealing with the coronavirus; the IMF announced $50 billion, China said will allocate $16 billion for virus prevention and control and the US Congress agreed on an $8.3 billion plan. Central banks around the world already started cutting rates, prompted by the Fed moves, although such measures have failed to calm markets' nerves. The Dow Jones dropped 2.6%, the S&P lost 2.4% and the Nasdaq traded 2.1% lower around 5 minutes after the opening bell. 2020-03-05T14:37:00"
US Q4 Labor Costs Revised Lower,Labour Costs,"US Q4 Labor Costs Revised LowerUnited States Labour CostsUnit labor costs in the US nonfarm business sector increased an annualized 0.9 percent in the fourth quarter of 2019, lower than a preliminary estimate of 1.4 percent and after a downwardly revised 0.2 percent rise in the prior period. Hourly compensation went up 2.1 percent (from an initial 2.8 percent), while productivity grew at a softer 1.2 percent (from an initial 1.4 percent). In 2019, labor costs rose 1.7 percent, reflecting increases of 3.6 percent in hourly compensation and 1.9 percent in productivity.2020-03-05T13:31:00"
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 3 thousand to 216 thousand in the week ended February 29th from the previous week’s unrevised level of 219 thousand and compared to market expectations of 215 thousand. The 4-week moving average was 213,000, an increase of 3,250 from the previous week's unrevised average of 209,750. According to unadjusted data, the largest declines were reported Massachusetts (-4,459); Illinois (-2,781); North Carolina (-1,242) and Rhode Island (-1,083) while the biggest rises were seen in New York (+17,200 ); California (+7,152); Ohio (+3,654) and Virginia (+1,398).2020-03-05T13:31:00"
Wall Street Set to Open Lower,Stock Market,"Wall Street Set to Open LowerUnited States Stock MarketStock futures in the US traded lower on Thursday in a sign that market volatility is not over yet as investors continue to worry about the economic impact of the coronavirus and try to assess if global measures announced will be enough to soften it. The World Bank recently proposed an initial package of up to $12 billion to help countries dealing with the coronavirus; the IMF announced a relief package of $50 billion and China said will allocate $16 billion for virus prevention and control. Dow Jones futures were down more than 300 points, S&P 500 more than 30 points and Nasdaq ones more than 100 points down around 3:50 AM NY time. On Wednesday, Wall Street rallied after Joe Biden booked a series of electoral victories on the Super Tuesday and the US Congress agreed on an $8.3 billion plan to fight the coronavirus outbreak. 2020-03-05T08:58:43.233"
The Dow Jones Index is up by 3.74%,Stock Market,"The Dow Jones Index is up by 3.74%United States Stock MarketUnited States Stock Market is picking up 970 points. Gains are led by UnitedHealth (10.92%), American Express (6.56%) and Pfizer (5.42%).2020-03-04T20:30:03.347"
US Crude Oil Inventories Rise for 6th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 6th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 0.785 million barrels in the week ended February 29th of 2020, following a 0.452 million gain in the previous week and compared with market expectations of a 2.644 million gain, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went down by 4.34 million barrels after decreasing by 2.691 million in the previous week and compared with market consensus of a 2.095 million decline.2020-03-04T15:33:32.867"
US February Composite PMI Confirmed at Over 6-Year Low,Composite Pmi,"US February Composite PMI Confirmed at Over 6-Year LowUnited States Composite PmiThe IHS Markit US Composite PMI was confirmed at 49.6 in February 2020, down from January's 53.3, signaling the first decrease in overall output for over six years. New order expansion was the slowest since data collection began in October 2009 due to a further drop in new export orders. Employment continued to increase, while backlogs of work fell amid reduced pressure on capacity. On the price front, rates of increase in input prices and output charges eased to three-month lows. Looking ahead, business optimism hit a nine-month high based on hopes of an uptick in demand.2020-03-04T14:57:58.293"
US Service Sector Contracts the Most in Over 6 Years,Services PMI,"US Service Sector Contracts the Most in Over 6 YearsUnited States Services PMIThe IHS Markit US Services PMI was confirmed at 49.4 in February 2020, down from the previous month's 53.4, pointing to the steepest contraction in the sector in over six years. New business rose at only a fractional rate due to the largest drop in new business from abroad since last November, with customers holding back from placing orders amid global economic uncertainty and the coronavirus outbreak. The pace of job creation slowed to a three-month low, amid subdued demand and reduced pressure on capacity following a contraction in backlogs of work. On the price front, the rates of input price and output charge inflation softened. Looking ahead, business confidence picked up to a nine-month high on hopes of an uptick in client demand and the expansion of available service lines.2020-03-04T14:50:00"
US Stocks Jump on Super Tuesday Results,Stock Market,"US Stocks Jump on Super Tuesday ResultsUnited States Stock MarketWall Street traded in the green on Wednesday boosted by Joe Biden's big gains in the Democratic primaries, as markets see the former US Vice President much more business friendly than the left-wing Bernie Sanders. Meanwhile, investors continue to monitor the impact of the virus outbreak on the global economy. On Tuesday, the Federal Reserve slashed interest rates by 50bps to support growth, its first intermeeting cut since 2008. The Dow Jones climbed 810 points or 3.1% around 1:30pm NY time. The S&P 500 advanced 86 points or 2.9% and the Nasdaq rallied 238 points or 2.7%.2020-03-04T14:30:00"
Dollar Rebounds from 2-Month Low,Currency,"Dollar Rebounds from 2-Month LowUnited States CurrencyThe dollar edged higher against a basket of major currencies on Wednesday, recovering from a two-month low touched the prior session, as markets assessed the impact of an emergency rate cut from the US Federal Reserve on Tuesday. Meantime, Biden’s success early into Super Tuesday voting appeared to provide some support to the US currency. DXY gained nearly 0.3% to 97.485 around 11:30 AM NY time.2020-03-04T12:37:00"
US Futures Point to Higher Open,Stock Market,"US Futures Point to Higher OpenUnited States Stock MarketUS stock futures were up on Wednesday, pointing to a rise at the open, after Super Tuesday results showed former US Vice President Joe Biden won Democratic primaries in 9 states, raising expectations he will become the Democratic candidate for the presidential election in November. Bernie Sanders won in 4 states and Michael Bloomberg in only 1. Dow futures were up more than 400 points, S&P 500 more than 50 points and Nasdaq futures added more than 150 points around 4:00 AM NY time. On Tuesday, the Dow Jones plunged 786 points or 2.9% to 25917. The S&P plummeted 87 points or 2.8% to 3003. The Nasdaq sank 268 points or 3% to 8684, as an emergency 50bps rate cut by the Federal Reserve failed to ease concerns of slower growth.2020-03-04T09:08:00"
US 10-Year Treasury Yield Hits Fresh Record Low,Government Bond 10Y,"US 10-Year Treasury Yield Hits Fresh Record Lowunited states Government Bond 10YYields on 10-year US Treasuries dropped to an all-time low of 0.94% on Wednesday, after falling below 1% for the first time late on Tuesday after the Federal Reserve cut interest rates in an emergency move to protect the economy from the impact of the coronavirus outbreak.2020-03-04T08:45:00"
Dollar Weakens after Fed Move,Currency,"Dollar Weakens after Fed MoveUnited States CurrencyThe US dollar fell on Tuesday as investors expect the Fed will need to continue cutting rates to reduce the impact of the coronavirus outbreak, after an emergency 50bps slash. The DXY fell to a 2-month low of 96.92 right after the rate cut announcement. The dollar index recovered some of its losses after Fed Chair Powell during the press conference reiterated that the US economy remains strong and the Fed will do its part to keep the economy strong, but weakened again during the afternoon.2020-03-03T19:35:01.89"
US 10Y Bond Yield Hits All-time Low,Government Bond 10Y,US 10Y Bond Yield Hits All-time Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to an all-time low of 1.0006%2020-03-03T18:52:00
US 10-Year Yield Falls Below 1% for the 1st time,Government Bond 10Y,"US 10-Year Yield Falls Below 1% for the 1st timeUnited States Government Bond 10YYields on the US-10 years bonds fell more than 8bps to a fresh record low of 0.986% on Tuesday, after rising as high as 1.13 following the Federal Reserve’s emergency rate cut to offset the impact from the coronavirus in the economy. The yield on the 30-year bond also hit an all-time low of 1.601%, and that on the two-year note, which typically moves in step with interest rate expectations, dropped to its lowest since July 2016.2020-03-03T18:50:00"
Dollar Volatility Continues,Currency,"Dollar Volatility ContinuesUnited States CurrencyThe US dollar swung between small gains and losses on Tuesday as investors digest latest Fed moves and try to assess what the real impact of the coronavirus outbreak in the global economy will be. The DXY fell to a 2-month low of 96.92 right after the Fed cut its federal funds rate by 50bps in an emergency move, aiming to offset the economic impact of the coronavirus outbreak. However, the dollar index recovered some of its losses after Fed Chair Powell during the press conference reiterated that the US economy remains strong and the Fed will do its part to keep the economy strong. 2020-03-03T16:28:00"
US 10-Year Bond Yields Fall Towards 1%,Government Bond 10Y,"US 10-Year Bond Yields Fall Towards 1%United States Government Bond 10YYields on US 10-year bonds fell more than 5bps to a record low of 1.03% on Tuesday, after rising as high as 1.13% following the Federal Reserve's surprise move to cut interest rates by half percentage point to ease the economic fallout from the coronavirus outbreak.2020-03-03T15:55:00"
ISM New York Index Recovers in February,Ism New York Index,"ISM New York Index Recovers in FebruaryUnited States Ism New York IndexThe ISM New York Current Business Conditions jumped to 51.9 in February of 2020 from 45.8 in the previous month, mainly due to a rise in current revenues (58.3 from 51.1). On the other hand, declines were seen for employment (49.3 from 56.1), purchases (41.7 from 43.1), prices paid (54.2 from 68.1) and expected revenues (50 from 64.3). The Six-Month Outlook fell to a 4-month low of 53.8 from 57.3.2020-03-03T15:48:03.897"
US Dollar Hits 2-Month Low,Currency,"US Dollar Hits 2-Month LowUnited States CurrencyThe dollar index extended losses to 96.92 on March 3rd, a level not seen since January after the Federal Reserve cut its federal funds rate by 50bps in an emergency move to offset the economic impact of the coronavirus outbreak.2020-03-03T15:24:00"
US Stock Futures Fall as G7 Statement Disappoints,Stock Market,"US Stock Futures Fall as G7 Statement DisappointsUnited States Stock MarketUS stock futures erased early gains and pointed to a red start on Tuesday after G7 finance ministers and central bankers pledged to use all appropriate policy tools to support the global economy, but offered no details about coordinated stimulus measures. On Monday, the Dow Jones soared 1294 points or 5.1% to 26703; the S&P 500 jumped 136 points or 4.6% to 3090; and the Nasdaq surged 385 points or 4.5% to 8952.2020-03-03T13:01:00"
Fed Likely to Cut Rates in March,Interest Rate,"Fed Likely to Cut Rates in MarchUnited States Interest RateThe Federal Reserve is widely expected to cut the fed funds rate either by 50bps or 75bps during its next meeting ending on March 18th, in an attempt to curb the economic impact of the coronavirus. On February 28th, Fed Chair Powell issued an unexpected statement saying the fundamentals of the US economy remain strong although the coronavirus poses risks to economic activity and the Fed will use its tools and act as appropriate to support the economy. The statement aimed to calm markets after a big plunge in Wall Street and prompted other central banks all over the world to start loosening. In its latest FOMC decision on January 29th 2020, the Fed left the target range for its federal funds rate unchanged at 1.5-1.75 percent, raised the interest on excess reserves rate (IOER) by 5 basis points to 1.6% and said that overnight repo operations will continue at least through April 2020 to ensure that the supply of reserves remain ample.2020-03-03T11:19:02.807"
US Stock Futures Higher on Hopes of Global Stimulus,Stock Market,"US Stock Futures Higher on Hopes of Global StimulusUnited States Stock MarketUS stock futures rose early on Tuesday as G7 finance ministers and central bankers, led by Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell, are expected to hold a conference call later in the day to discuss measures to fight the rapid spread of coronavirus. The gains were curbed slightly after Reuters reported that the draft copy of the statement did not include specifics on coordinated interest rate cuts or fiscal stimulus. On Monday, the Dow Jones soared 1294 points or 5.1% to 26703; the S&P 500 jumped 136 points or 4.6% to 3090; and the Nasdaq surged 385 points or 4.5% to 8952.2020-03-03T10:00:00"
The Dow Jones Index increasing 2.31%,Stock Market,"The Dow Jones Index increasing 2.31%United States Stock MarketUnited States Stock Market is up by 588 points. The rise is driven by Apple (6.72%), Walmart (6.45%) and UnitedHealth (5.32%).2020-03-02T20:30:03.393"
US Stocks Rebound,stock market,"US Stocks ReboundUnited States stock marketWall Street traded in the green on Monday, recovering from its worst week since the 2008 financial crisis as investors hope that major central banks including the Fed, the ECB and the BoJ will introduce additional monetary stimulus to reduce the impact of coronavirus, while recession worries resurfaced after latest Markit PMI data showed the coronavirus hurt new export orders in China and disrupted supply chains in the Euro Area, Germany and France. The Dow was up 2.7%, the S&P 500 gained 2.2% and the Nasdaq went up 2.4% around 2:05 pm NY time.2020-03-02T16:14:00"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketWall Street opened in the green on Monday, attempting to recover from its worst week since the 2008 financial crisis as investors hope that major central banks including the Fed, the ECB and the BoJ will introduce additional monetary stimulus to reduce the impact of coronavirus, while recession worries resurfaced after latest Markit PMI data showed the coronavirus hurt new export orders in China and disrupted supply chains in the Euro Area, Germany and France. The Dow was up 1.2%, the S&P 500 gained 0.6% and the Nasdaq went up 0.7% around 5 minutes after the opening bell. 2020-03-02T14:36:00"
US Equities Resume Sell Off,Stock Market,"US Equities Resume Sell OffUnited States Stock MarketUS Stock futures extended the sell off on Monday, following the worst week since the 2008 financial crisis as recession worries resurfaced after latest Markit PMI data showed the coronavirus hurt new export orders in China and disrupted supply chains in the Euro Area, Germany and France. This comes despite hopes that major central banks could introduce additional monetary stimulus to reduce the impact of coronavirus. On Friday, Fed Chair Powell said the fundamentals of the US economy remain strong and the Fed will use its tools to support the economy. On Monday, Bank of Japan Governor also issued a statement saying it will strive to provide ample liquidity and ensure stability in financial markets. Dow Jones futures were down 250 points, S&P 500 37 points and Nasdaq 70 points around 7:00 AM NY time.2020-03-02T12:10:00"
US 10-Year Treasury Bond Yield Falls Towards 1%,Government Bond 10Y,"US 10-Year Treasury Bond Yield Falls Towards 1%united states Government Bond 10YThe US 10-year Treasury bond yield dropped to a fresh record low of 1.03% on Monday as concerns about the rapid spread of the coronavirus outbreak sent investors rushing to safe-haven assets. Meanwhile, US Federal Reserve Chair Jerome Powell said on Friday that the Fed would ""act as appropriate"" to support the economy, raising expectations of an interest rate cut as early as March. On February 24th, the US yield curve inverted the most since October, with the 3-month Treasury bill holding a higher yield than the 10-year Treasury note. An inverted yield curve is usually viewed as a measure of economic downturn.2020-03-02T12:09:00"
US Futures Point to a Rebound,Stock Market,"US Futures Point to a ReboundUnited States Stock MarketStock futures in the US rose on Monday, pointing to a small recovery after the worst week since the 2008 financial crisis, as investors bet central banks around the world will start loosening to reduce the impact of the coronavirus. On Friday, Fed Chair Powell said the fundamentals of the US economy remain strong and the Fed will use its tools to support the economy. In Japan, the Governor also issued a statement saying it will strive to provide ample liquidity and ensure stability in financial markets. Dow Jones futures increased 70 points, S&P 500 4 points and Nasdaq 42 points around 6:00 AM NY time.2020-03-02T10:59:00"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyDXY decreased to a 4-week low of 97.7862020-03-02T08:21:58.607
US 10Y Bond Yield Hits All-time Low,Government Bond 10Y,US 10Y Bond Yield Hits All-time Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to an all-time low of 1.1633%2020-03-01T21:17:40.237
The Dow Jones Index falling 3.30%,Stock Market,"The Dow Jones Index falling 3.30%United States Stock MarketUnited States Stock Market is dropping 851 points. Leading the losses are JPMorgan Chase (-6.37%), Boeing (-5.50%) and Johnson & Johnson (-5.27%).2020-02-28T20:30:02.977"
Dow Jones Falls Another 1000 Points,Stock Market,"Dow Jones Falls Another 1000 PointsUnited States Stock MarketWall Street tumbled again on Friday with stocks on pace to post its worst week since the 2008 financial crisis as the coronavirus continues to overshadow solid economic data. In the first hour of trading, the Dow Jones crashed more than 1000 points after declining 1200 points a day before, and deepening its correction to more than 16%. The S&P 500 plunged as much as 4% and is now down almost 15% from its record reached at the end of December.  2020-02-28T16:39:00"
US Consumer Sentiment Slightly Higher than Anticipated,Consumer Confidence,"US Consumer Sentiment Slightly Higher than AnticipatedUnited States Consumer ConfidenceThe University of Michigan consumer sentiment index was revised slightly higher to 101 in February of 2020 from a preliminary of 100.9. It is the highest reading since March of 2018. The gauge for current conditions was higher than expected (114.8 from a preliminary of 113.8) while expectations rose less (92.1 from 92.6). Inflation for the year ahead was seen at 2.4%, down from a preliminary of 2.5% while those for the five-year outlook fell were unchanged at 2.3%. The coronavirus was mentioned by 8% of all consumers in February although on the last days of the February survey, 20% mentioned the coronavirus due to the steep drop in equity prices as well as the CDC warnings about the potential domestic threat of the virus. While too few cases were conducted to attach any statistical significance to the findings, it is nonetheless true that the domestic spread of the virus could have a significant impact on consumer spending. 2020-02-28T15:09:00"
US 10Y Bond Yield Hits All-time Low,Government Bond 10Y,US 10Y Bond Yield Hits All-time Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to an all-time low of 1.1715%2020-02-28T15:08:29.29
US Stocks Sell-Off Continues,Stock Market,US Stocks Sell-Off ContinuesUnited States Stock MarketWall Street tumbled again on Friday with stocks on pace to post its worst week since the 2008 financial crisis as the coronavirus continues to spread rapidly outside China. The three main US stock market indexes were down more than 3 percent after the opening bell.2020-02-28T14:35:00
US PCE Prices Rise 0.1% MoM in January,PCE Price Index Monthly Change,"US PCE Prices Rise 0.1% MoM in JanuaryUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States edged up 0.1 percent month-over-month in January 2020, easing from a 0.3 percent gain in December. Services prices advanced 0.1 percent, slowing from a 0.3 percent in the prior month and goods cost was flat, after rising 0.2 percent. Year-on-year, the PCE price index rose 1.7 percent, after a downwardly revised 1.5 percent gain in the previous month.        2020-02-28T13:37:00"
US Wholesale Inventories Fall Less than Expected,Wholesale Inventories,"US Wholesale Inventories Fall Less than ExpectedUnited States Wholesale InventoriesUS wholesale inventories decreased 0.2 percent from a month earlier in January 2020, following an upwardly revised 0.3 percent fall in the previous month but below market expectations of a 0.6 percent drop, preliminary estimates showed. Stocks of non-durable goods declined further (-0.5 percent vs -0.2 percent in December) while those of durable goods were flat (vs -0.4 percent). Year-on-year, wholesale inventories grew 0.6 percent in January.2020-02-28T13:33:00"
US Stocks Set to Tumble Again,Stock Market,"US Stocks Set to Tumble AgainUnited States Stock MarketUS stock futures pointed to another sharp loss and bond yields continued to fall to new record lows on Friday, amid growing concerns about the rapid spread of coronavirus. California Governor Gavin Newsom said on Thursday the state is monitoring 8,400 people for coronavirus, while the CDC confirmed a day before the first case of unknown origin in Northern California. The Dow plummeted nearly 1,200 points on Thursday, the biggest daily point drop on record, and was on track for its worst weekly performance since 2008. The S&P 500 and the Nasdaq posted the biggest percentage fall in over eight years.2020-02-28T10:18:00"
Dow Jones traded below 26000,stock market,"Dow Jones traded below 26000 United States stock marketDow Jones Industrial Average  26000 on Thursday February 27, 20202020-02-27T20:50:33.727"
Kansas Fed Manufacturing Index Beats Forecasts,Kansas Fed Manufacturing Index,"Kansas Fed Manufacturing Index Beats ForecastsUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index climbed to +8 in February 2020, the highest since last September, from -4 in the previous month, easily beating market expectations of -5. Meanwhile, the composite index (which is an average of production, new orders, employment, supplier delivery time, and raw materials inventory indexes) rose to +5, reaching positive territory for the first time in eight months, driven by stronger production in both durable and non-durable goods plants, particularly food and transportation equipment. New orders also moved into positive territory in February, while the order backlog and employment indexes continued to fall.2020-02-27T16:46:00"
Dow Falls into Correction Territory,Stock Market,"Dow Falls into Correction Territory United States Stock MarketThe Dow Jones index has tumbled into correction territory, typically defined as a 10 percent slide from its peak, following six consecutive days of declines. Investors remained nervous that the global economy will slow dramatically in the first quarter because of the coronavirus outbreak, which already infected more than 80,000 people in about 40 countries. The Dow Jones lost 507 points or 1.9%; the S&P 500 retreated 56 points or 1.8%; and the NASDAQ fell 184 points, or 2.1%, around 1:30pm NY time.2020-02-27T14:45:00"
US 10-Year Treasury Yield Hits Another Record Low,Government Bond 10Y,"US 10-Year Treasury Yield Hits Another Record Lowunited states Government Bond 10YThe yield on the US 10-year note dropped more than 3.5bps to a fresh all-time low of 1.2656% on Thursday, amid a spike in demand for safe-haven as investors worry about the spread of the coronavirus. More cases have been reported all over the world including in Switzerland, Kuwait, Spain, South Korea and Austria. The yield on the 30-year bond also hit a new low, and that on the two-year note, which typically moves in step with interest rate expectations, was down to close to its lowest since late 2016.2020-02-27T14:23:00"
US Jobless Claims at 1-Month High,Initial Jobless Claims,"US Jobless Claims at 1-Month HighUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 8 thousand to 219 thousand in the week ended February 22nd from the previous week’s revised level of 211 and compared with market expectations of 212. This was the highest level for initial claims since January 18th. The 4-week moving average was 209,750, an increase of 500 from the previous week's revised average. According to unadjusted data, the biggest rises were seen in Illinois (+3,818) and Massachusetts (+3,815) while the largest declines were reported in California (-8,040) and Georgia (-1,410).2020-02-27T13:33:00"
Dow Set to Fall for 6th Session,Stock Market,"Dow Set to Fall for 6th SessionUnited States Stock MarketDow Jones is set to drop more than 400 points after CDC confirmed a new coronavirus case in California without knowing its origin, raising expectations of it to be the first community spread of the virus. 2020-02-27T13:20:00"
Dollar Retreats amid Bets the Fed will Cut Rates,Currency,"Dollar Retreats amid Bets the Fed will Cut RatesUnited States CurrencyThe DXY has been falling since February 20th as the rapid spread of the coronavirus outside China prompted expectations of a cut in the fed funds rate to offset the economic impact of the virus outbreak. Earlier in February, the dollar index traded close to a key psychological level of 100, as investors seek to safe havens such as gold, treasuries and the USD. 2020-02-27T13:05:00"
US Crude Oil Inventories Rise for 5th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 5th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 0.452 million barrels in the week ended February 21st of 2020, following a 0.414 million gain in the previous week and compared with market expectations of a 2.005 million gain, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went down by 2.691 million barrels after decreasing by 1.971 million in the previous week and compared with market consensus of a 2.245 million decline.2020-02-26T15:33:00"
US Stocks Recover From Coronavirus-Driven Selloff,Stock Market,"US Stocks Recover From Coronavirus-Driven SelloffUnited States Stock MarketAll three major stock indexes in the US traded higher on Wednesday, attempting to recover from the lowest level seen so far this year, with investors assessing the impact of the coronavirus outbreak in the global economy. Investors took advantage of a sharp drop in the previous session to open new positions, but fears that the global economy will slow dramatically in the first quarter because of China’s new virus capped gains. The Dow Jones rose 1.6%; the Nasdaq went up 1.8%, and the S&P 500 added 1.5% around 11:30 AM NY time.2020-02-26T14:34:00"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the United States increased 1.5 percent in the week ended February 21st 2020, after a 6.4 percent drop in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home rose 5.7 percent while refinance applications went down 0.8 percent. Meantime, the average fixed 30-year mortgage rate fell by 4bps to 3.73 percent.2020-02-26T12:03:15.227"
Dow Jones traded above 27100,stock market,"Dow Jones traded above 27100 United States stock marketDow Jones Industrial Average increased above 27100 on Tuesday February 25, 20202020-02-25T19:28:08.41"
US 10-Year Bond Yield Hits All-Time Low,Government Bond 10Y,"US 10-Year Bond Yield Hits All-Time Lowunited states Government Bond 10YThe yield on the 10-year US government bond has been falling since mid-January and touched record low levels late in February. Mounting concerns about the global impact of the coronavirus and investors' believes that the US economy remains resilient compared to other countries have prompted a rush to US safe havens such as treasuries and the dollar. On February 24th, the US yield curve inverted the most since October, with the 3-month Treasury bill holding a higher yield than the 10-year Treasury note. An inverted yield curve is usually viewed as a measure of economic downturn.2020-02-25T19:20:00"
US 30-Year Treasury Yield at Record Low,30 Year Bond Yield,"US 30-Year Treasury Yield at Record LowUnited States 30 Year Bond YieldThe yield on the 30-year US government bond has been falling since mid-January and touched record low levels late in February, as investors' risk appetite plummeted due to fears about the coronavirus impact in the world economy. Yet, traders seem to prefer American safe-havens such as treasuries and the dollar as the US economy appears to be resilient compared to other countries. Latest economic data showed the US housing market remains strong and the GDP continued to expand at a robust pace in Q4. Moreover, the Fed recently reinforced its confidence in the US economic outlook and signalled the fed funds rate is likely to remain unchanged for a while. However, investors are pricing in a cut in borrowing costs as soon as in April. 2020-02-25T15:12:00"
Wall Street Bounces Back after Monday’s Sharp Drop,Stock Market,"Wall Street Bounces Back after Monday’s Sharp DropUnited States Stock MarketUS stocks bounced back on Tuesday, after recording their worst losses in two years in the previous session, with investors assessing the impact of the coronavirus outbreak in the global economy. Risk appetite showed signs of returning to markets on expectations that the US economy remained resilient despite the impact the new epidemic is having on other advanced economies. The Dow Jones rose 0.2%; the Nasdaq went up 0.2%, and the S&P 500 added 0.1% around 20 minutes after the opening bell.2020-02-25T14:51:00"
US 10-Year Treasury Yield Near Record Lows,Government Bond 10Y,"US 10-Year Treasury Yield Near Record LowsUnited States Government Bond 10YThe yield on the 10-year US government bond has been falling since mid-January to levels not seen since July of 2016. Mounting concerns about the global impact of the coronavirus and investors' believes that the US economy remains resilient compared to other countries have prompted a rush to US safe havens such as treasuries and the dollar. On February 24th, the US yield curve inverted the most since October, with the 3-month Treasury bill holding a higher yield than the 10-year Treasury note. An inverted yield curve is usually viewed as a measure of economic downturn.2020-02-25T14:30:00"
US House Prices Rise More than Expected: FHFA,FHFA House Price Index MoM,"US House Prices Rise More than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.6 percent from a month earlier in December 2019, following an upwardly revised 0.3 percent gain in November and above market expectations of a 0.3 percent rise. Among Census divisions, increases were recorded in East South Central (1 percent); South Atlantic (1 percent); Mountain (1 percent); West North Central (0.8 percent); Middle Atlantic (0.7 percent); New England (0.7 percent); West South Central (0.6 percent); and Pacific (0.4 percent), while a decline was seen in East North Central (-0.3 percent). On a quarterly basis, the average prices of single-family houses with mortgages advanced 1.3 percent in the last quarter of 2019, after a 1.2 percent gain in Q3. Year-on-year, house prices went up 5.2 percent, with prices ranging from 4.1 percent in the Middle Atlantic division to 7.4 percent in the Mountain division.2020-02-25T14:09:00"
The Dow Jones Index falling 3.02%,Stock Market,"The Dow Jones Index falling 3.02%United States Stock MarketUnited States Stock Market is dropping 876 points. Leading the losses are UnitedHealth (-6.88%), American Express (-4.74%) and Visa (-4.12%).2020-02-24T20:30:03.837"
"Dow Drops 1,000 Points",Stock Market,"Dow Drops 1,000 PointsUnited States Stock MarketUS stocks traded sharply lower on Monday, following its Asian and European peers, amid renewed concerns about the global impact of the coronavirus after the number of cases outside China increased, namely in Italy, South Korea and Iran. The Dow Jones plummeted 1,040 points, the most since February 2018; the S&P went down 3.5%, the biggest percentage drop since October 2018; and the Nasdaq tumbled 4.1% around 1 pm NY time.2020-02-24T17:27:00"
Wall Street Tumbles as Coronavirus Cases Surge,Stock Market,"Wall Street Tumbles as Coronavirus Cases SurgeUnited States Stock MarketUS stocks sank at the open on Monday, following its Asian and European peers, amid renewed concerns about the global impact of the coronavirus after the  number of cases outside China increased, namely in Italy, South Korea and Iran. The Dow Jones plummet 3%, the S&P 500 went down 2.8% and the Nasdaq tumbled 3.3% around 5 minutes after the opening bell.
2020-02-24T14:30:00"
Dollar Index Approaches 100,Currency,"Dollar Index Approaches 100United States CurrencyThe DXY has been rising steady since the beginning of February to trade close to a key psychological level of 100 as investors continue to believe the US economy remains resilient compared to other countries. Minutes from the last FOMC meeting showed the Fed is confident about growth and sees less downside risks to the economy, despite closely monitoring the coronavirus risk. The central bank also said the fed funds rate is likely to remain steady for a while. Also, as the number of coronavirus cases spreads outside China, investors seek for safe havens such as gold and the USD.
2020-02-24T11:48:47.727"
US 10Y Bond Yield Hits 3-1/2-year Low,Government Bond 10Y,US 10Y Bond Yield Hits 3-1/2-year Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 3-1/2-year low of 1.4224%2020-02-24T07:25:56.193
The Dow Jones Index decreasing 0.91%,Stock Market,"The Dow Jones Index decreasing 0.91%United States Stock MarketUnited States Stock Market is falling 266 points. Losses were driven by Microsoft (-3.50%), Apple (-2.79%) and Nike (-2.44%). Biggest rises came from United Technologies (0.90%), Johnson & Johnson (0.81%) and Travelers Companies (0.80%).2020-02-21T20:30:04.307"
US Output Contracts for 1st Time Since 2013,Composite Pmi,"US Output Contracts for 1st Time Since 2013United States Composite PmiThe IHS Markit US Composite PMI fell to 49.6 in February 2020 from 53.3 in the previous month, pointing to the first month of contraction in the private sector since October 2013, a preliminary estimate showed. Services activity dropped for the first time in four years, while manufacturing growth slowed to a six-month low. Overall new orders decreased for the first time since the series began in 2009 and employment growth slowed to a four-month low. Still, business confidence strengthened to an eight-month high, but remained historically subdued as firms highlighted ongoing global uncertainty and the outbreak of coronavirus.2020-02-21T14:55:00"
US 10Y Bond Yield Hits 24-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 24-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 24-week low of 1.4966%2020-02-21T03:24:46.557
US Crude Oil Inventories Rise for 4th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 4th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 0.414 million barrels in the week ended February 14th 2020, following a 7.459 million gain in the previous week and compared with market expectations of a 2.494 million gain, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went down by 1.971 million barrels after decreasing by 0.095 million in the previous week and compared with market consensus of a 0.435 million rise. 2020-02-20T16:04:37.67"
Dollar Index Hits 33-month High,currency,Dollar Index Hits 33-month HighUnited States currencyDXY increased to a 33-month high of 99.7242020-02-20T06:20:18.477
The Dow Jones Index rising 0.50%,Stock Market,"The Dow Jones Index rising 0.50%United States Stock MarketUnited States Stock Market is gaining 147 points. Leading the gains are Walt Disney (1.81%), Goldman Sachs (1.78%) and JPMorgan Chase (1.61%). Top losers are Walmart (-1.49%), Cisco Systems (-1.22%) and Travelers Companies (-1.02%).2020-02-19T20:30:02.603"
Dollar Index Hits 33-month High,currency,Dollar Index Hits 33-month HighUnited States currencyDXY increased to a 33-month high of 99.6682020-02-19T15:25:27.967
US Building Permits Surge to Near 13-Year High,Building Permits,"US Building Permits Surge to Near 13-Year HighUnited States Building PermitsBuilding permits in the United States jumped 9.2 percent from a month earlier at a seasonally adjusted annual rate of 1,551 thousand in January 2020, well above market expectations of 1,450 thousand. It is the strongest gain in building permits since September 2012 and the highest level since March 2007. Authorisations for the volatile multi-family housing segment surged 14.6 percent to 564 thousand and single-family permits rose 6.4 percent to 987 thousand. Across regions, permits climbed in the Northeast (34.6 percent to 183 thousand); the Midwest (8.2 percent to 225 thousand); the South (8 percent to 745 thousand) and in the West (3.1 percent to 398 thousand). Meanwhile, housing starts fell 3.6 percent from a month earlier to an annualized 1,567 thousand units but beat market forecasts of 1,425 thousand.2020-02-19T13:35:00"
Foreign Investors Unexpectedly Buy US Assets in December,Capital Flows,"Foreign Investors Unexpectedly Buy US Assets in DecemberUnited States Capital FlowsOverseas investors bought USD 78.2 billion of US assets, including short-dated instruments in December 2019, more than an upwardly revised USD 77.2 billion purchased in November while markets were expecting them to sell USD 0.4 billion. Meanwhile, foreigners bought USD 41.1 billion of long-term US securities, including government and corporate, the most since August 2018 and after selling a downwardly revised USD 39.6 billion in the previous month. Overseas investors bought USD 85.6 billion of Treasuries in December after buying a revised USD 27.1 billion in the previous month.
2020-02-18T21:14:00"
The Dow Jones Index falling 0.51%,Stock Market,"The Dow Jones Index falling 0.51%United States Stock MarketUnited States Stock Market is dropping 150 points. Leading the losses are Goldman Sachs (-1.79%), Apple (-1.77%) and Intel (-1.68%). Top gainers were Walmart (1.65%), Microsoft (1.15%) and UnitedHealth (1.10%).2020-02-18T20:30:04.137"
Dollar Up to 4-1/2-Month High,Currency,"Dollar Up to 4-1/2-Month HighUnited States CurrencyThe Dollar index rose to as high as 99.481 on Tuesday, a level not seen since early October, on the back of higher risk to companies outlook and German economy as a result of the coronavirus outbreak.2020-02-18T14:42:00"
Dollar Index Hits 18-week High,currency,"Dollar Index Hits 18-week HighUnited States currencyThe dollar index extended gains to 99.167, a level not seen since September, as investors continued to use the currency to hedge against the economic impact of the coronavirus outbreak.2020-02-17T12:55:00"
US Business Inventories Rebound in December,Business Inventories,"US Business Inventories Rebound in DecemberUnited States Business InventoriesManufacturers’ and trade inventories in the US rose 0.1 percent from a month earlier in December 2019, rebounding from a 0.2 percent fall in November and matching market expectations. Stocks at manufacturers increased 0.5 percent (vs 0.3 percent in November), while those at retailers were flat (vs -0.9 percent in November). On the other hand, inventories at merchant wholesalers dropped 0.2 percent, after a 0.1 percent advance. Year-on-year, business inventories were up 2.2 percent in December. 2020-02-14T15:07:00"
US Export Prices Unexpectedly Rise in January,Export Prices MoM,"US Export Prices Unexpectedly Rise in JanuaryUnited States Export Prices MoMExport prices in the US increased 0.7 percent month-over-month in January of 2020, after a 0.2 percent drop in the prior month and against market expectations of a 0.1 percent decline. It was the largest monthly gain since March, as rising prices for both agricultural (2.0 percent vs -0.1 percent in December) and non-agricultural (0.7 percent vs -0.2 percent) exports contributed to the overall increase. Year-on-year, export prices advanced 0.5 percent, following a revised 0.9 percent fall in the prior month.2020-02-14T13:37:00"
US Import Prices Flat in January,Import Prices MoM,"US Import Prices Flat in JanuaryUnited States Import Prices MoMImport prices in the US were unchanged in January 2020, following a downwardly revised 0.2 percent gain in December and compared to market expectations of a 0.2 percent fall. Prices for import fuel declined 2.2 percent, the most since last August, led by lower prices for both petroleum (-1.7 percent vs 1.0 percent in December) and natural gas (-11.7 percent vs 141.3 percent). The cost for nonfuel imports advanced 0.2 percent for the second consecutive month, boosted by higher prices for finished goods; nonfuel industrial supplies and materials; and foods, feeds, and beverages. Year-on-year, import prices rose 0.3 percent.2020-02-14T13:34:00"
Dollar Index Hits 18-week High,currency,Dollar Index Hits 18-week HighUnited States currencyDXY increased to a 18-week high of 99.1042020-02-13T21:21:28.913
Dollar Firm at 4-Month High,Currency,"Dollar Firm at 4-Month HighUnited States CurrencyThe US dollar traded near a 4-month high on Thursday as investors turned to safe haven currencies after a rise in the number of new coronavirus cases prompted fresh concerns about the impact of the flu-like virus in the global economy. Yet, investors continue to believe the US economy remains resilient compared to other countries. Fed Chair Powell said this week in his testimony before the Congress that the US economy is in a very good place and performing well. In contrast, the European Commission left growth forecasts for the Eurozone unchanged at 1.2% for both 2020 and 2021 saying positive developments such as the US-China trade deal were counterbalanced by the spread of the coronavirus. The DXY traded nearly flat at 99.048 around 9:10 AM NY time.2020-02-13T14:11:15.153"
Dollar Hovers at 4-Month High,currency,"Dollar Hovers at 4-Month HighUnited States currencyThe US dollar traded near a 4-month high on Thursday as investors turned to safe haven currencies after a rise in the number of new coronavirus cases prompted fresh concerns about the impact of the flu-like virus in the global economy. Investors also await the release of CPI figures later in the day, and expect the inflation to pick up to 2.4% from 2.3% in December. The DXY traded nearly flat at 99.051 around 7:00 AM NY time.2020-02-13T11:58:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 295542020-02-12T20:44:43.653
US Crude Oil Inventories Rise the Most Since November,Crude Oil Stocks Change,"US Crude Oil Inventories Rise the Most Since NovemberUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States jumped by 7.459 million barrels in the week ended February 7th 2020, following a 3.355 million gain in the previous week and compared with market expectations of a 2.987 million rise, according to EIA Petroleum Status Report. It was the biggest increase in oil inventories since the week ended November 1st.  Meanwhile, gasoline inventories went down by 0.095 million barrels after decreasing by 0.091 million in the previous week and compared with market consensus of a 0.546 million gain.2020-02-12T15:34:31.7"
US Stocks Jump to New Records,Stock Market,"US Stocks Jump to New RecordsUnited States Stock MarketUS stocks hit new records on Wednesday as concerns about slowing global growth eased after Beijing reported the fewest number of new coronavirus cases since January, with its top medical adviser predicting the outbreak to end by April. On the corporate front, CVS Health gained on the back of better-than-expected quarterly profit. Micron Technology and Wynn Resorts were also among the best performers after both firms' shares were upgraded to ""buy"" by UBS and Bank of America Global Research respectively. Exxon Mobil and Chevron traded higher as oil prices rallied more than 3%. Cisco Systems, Applied Material and TripAdvisor will report results after the closing bell. The Dow Jones jumped more than 200 points or 0.8%; the S&P 500 rose 19 points or 0.6%; and the Nasdaq climbed 82 points or 0.9% around 02:40 PM NY time.2020-02-12T14:30:00"
US Mortgage Applications Rise for 3rd Week: MBA,Mortgage Applications,"US Mortgage Applications Rise for 3rd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States increased 1.1 percent in the week ended February 07th 2020, following a 5.0 percent gain in the previous week, data from the Mortgage Bankers Association showed. Refinance applications rose 5.0 percent while applications to purchase a home dropped 5.8 percent. The average fixed 30-year mortgage rate went up by 1 bps to 3.72 percent.2020-02-12T12:04:57.487"
US Stocks Extend Gains,Stock Market,"US Stocks Extend Gains United States Stock MarketWall Street opened higher on Tuesday, with both the S&P 500 and the Nasdaq reaching fresh highs, as investors appeared to shrug off coronavirus concerns and focused on corporate news. Sprint shares jumped an impressive 74% after a US District judge approved the deal with T-Mobile. Also, Hasbro reported better-than-expected profits while Under Armour said it expects a drop in 2020 revenues due to the coronavirus. The Dow Jones added 0.3%, the S&P 500 gained 0.3% to 3362 and the Nasdaq traded 0.3% higher at 9654 around 7 minutes after the opening bell. 2020-02-11T14:43:00"
Dollar Rises after Fed Concerned over Coronavirus,currency,"Dollar Rises after Fed Concerned over CoronavirusUnited States currencyThe DXY resumed gains on Tuesday, jumping to 98.917, the highest since early October, after Fed Chair Powell said that the central bank is closely monitoring the outbreak as it may affect China and global economy. 

2020-02-11T13:29:00"
US Stocks Close Higher,Stock Market,"US Stocks Close Higher United States Stock MarketWall Street finished in the green on Monday, with both the S&P 500 and the Nasdaq reaching new record highs, led by the tech sector. Amazon shares jumped 2.6% to finish above $2100 for the first time, extending gains since January 30th when the company reported better-than-expected earnings. Meanwhile, Lyft and Uber rallied after the latter’s strong Q4 earnings while Apple shares declined amid concerns the coronavirus outbreak will hurt production of the iPhone. Yet, mounting concerns over the coronavirus’s impact on the Chinese economy were more than offset by a brighter US economic outlook. The Dow Jones added 174 points or 0.6% to 29277. The S&P 500 rose 24 points or 0.7% to 3352. The Nasdaq climbed 108 points or 1.1% to 9628.
2020-02-10T21:06:00"
Dollar Hits 17-Week High,currency,"Dollar Hits 17-Week HighUnited States currencyThe dollar index rose nearly 0.2% to 98.773 on Monday, a level not seen since October, as concerns of a slowdown in global growth amid a virus outbreak in China weakened risk appetite among traders. The death toll from coronavirus in the country increased to 909 so far, while the total number of confirmed cases was over 40,235.2020-02-10T15:53:00"
Wall Street Gains Despite Growth Concerns,Stock Market,"Wall Street Gains Despite Growth ConcernsUnited States Stock MarketUS stocks reversed early losses and traded higher on Monday ahead of Tuesday's testimony from Federal Reserve chair Jerome Powell before Congress. Tech shares were among the best performers, with Amazon hitting a new record, while Netflix, Alphabet and Facebook also rose. Still, investors continue to worry about the possible impact of the coronavirus outbreak on the global economy, with the WHO saying the number of cases outside China could be just ""the tip of the iceberg"". In China, many workplaces are expected to remain closed for some time as authorities try to curb the spread of the virus. As of Sunday, the total number of confirmed cases stood at more than 40,000 while 908 people had died. The Dow Jones gained 53 points or 0.2%; the S&P 500 added 8 points or 0.3%; and the Nasdaq rose 59 points or 0.6% around 1pm NY time.2020-02-10T14:31:00"
The Dow Jones Index is down by 0.94%,Stock Market,"The Dow Jones Index is down by 0.94%United States Stock MarketUnited States Stock Market is losing 276 points. Losses were led by Caterpillar (-2.49%), IBM (-2.24%) and Apple (-2.13%). Offsetting the fall, top gainers were Verizon (0.84%), United Technologies (0.66%) and Coca-Cola (0.36%).2020-02-07T20:30:03.117"
US Consumer Credit Growth at 5-Month High,Consumer Credit,"US Consumer Credit Growth at 5-Month HighUnited States Consumer CreditConsumer credit in the United States went up by USD 22.1 billion in December 2019, up from a downwardly revised USD 11.8 billion gain in November and above market expectations of a USD 15 billion rise. That was the biggest monthly gain since July, as revolving credit including credit card borrowing climbed USD 12.7 billion, the most since 1998, following a USD 3 billion decline in November. Meanwhile, non-revolving credit including loans for education and automobiles rose USD 9.4 billion, the least since September, from a USD 14.7 billion advance in the prior month. Year-on-year, credit grew 6.3 percent, after rising 3.4 percent in the previous month. In 2019, credit growth was at 4.7 percent, the same pace as in 2018.2020-02-07T20:07:00"
Dollar Lacks Direction after Jobs Report,Currency,"Dollar Lacks Direction after Jobs ReportUnited States CurrencyThe DXY swung between small gains and a flat reading on Friday, as investors digest the January jobs report. Nonfarm payrolls increased by 225K, better than forecasts and figures for both November and December were revised up, showing a solid hiring. On the other hand, the unemployment rate rose to 3.6% and monthly earnings went up by a smaller-than-expected 0.2%.2020-02-07T14:17:00"
US Labor Force Participation Rate Highest since 2013,Labor Force Participation Rate,US Labor Force Participation Rate Highest since 2013United States Labor Force Participation RateLabor Force Participation Rate in the United States increased to 63.40 percent in January from 63.20 percent in December of 2019. It is the highest participation rate since June 2013.2020-02-07T13:39:44.447
Dollar Reverses Gains after Payrolls Release,Currency,"Dollar Reverses Gains after Payrolls ReleaseUnited States CurrencyThe DXY reversed its earlier gains to trade nearly flat at 98.5 on Friday, right after the jobs report showed nonfarm payrolls increased by 225K in January, easily beating forecasts of 160K but the unemployment rate rose to 3.6% and earnings went up by a smaller-than-expected 0.2%. 2020-02-07T13:38:00"
US Jobless Rate Unexpectedly Rises in January,Unemployment Rate,US Jobless Rate Unexpectedly Rises in JanuaryUnited States Unemployment RateThe US unemployment rate rose to 3.6 percent in January 2020 from the previous month's 50-year low and above market expectations of 3.5 percent. The number of unemployed people increased by 139 thousand to 5.89 million while employment fell by 89 thousand to 158.71 million. The labor force participation rate rose 0.2 p.p. to 63.4 percent.2020-02-07T13:31:00
US Wages Growth Below Estimates,Average Hourly Earnings,"US Wages Growth Below EstimatesUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 7 cents, or 0.2 percent month-over-month to USD 28.44 in January 2020, after increasing 0.1 percent in December but missing market expectations of a 0.3 percent gain. Year-on-year, average hourly earnings have increased by 3.1 percent, following an upwardly revised 3 percent rise in the previous month and slightly above market estimates of 3 percent. In January, average hourly earnings of private-sector production and nonsupervisory employees were little-changed at USD 23.87.

2020-02-07T13:31:00"
Dollar Hovers Near 4-Month High,Currency,"Dollar Hovers Near 4-Month HighUnited States CurrencyThe USD extended gains for a 5th straight session on Friday as investors believe the US economy remains resilient despite worries about pace of growth in other countries and coronavirus outbreak. While fresh data for Germany showed industrial production fell the most in 11 years and output   in both France and Spain came below expectations, US Jobs report due later in the day is likely to point to the faster job creation in the world's largest economy. The DXY was up 0.1% to 98.59 around 06:50 AM NY time, the strongest since October 15th.2020-02-07T11:25:00"
Dollar Index Hits 16-week High,currency,Dollar Index Hits 16-week HighUnited States currencyDXY increased to a 16-week high of 98.5742020-02-07T08:10:42.017
Dollar Strengthens amid Coronavirus Concerns,Currency,"Dollar Strengthens amid Coronavirus Concerns United States CurrencyThe dollar index traded near 4-month high on Thursday as investors continue to believe that US economy is stronger compared to other countries and the risk of disruption related to the Wuhan virus is minimal. Today, the WHO reinforced that there's no vaccine yet to prevent the infection and that it is still too soon to say the virus outbreak is picking, but noticed that the daily number of new cases dropped for the first time. Also, The DXY was up 0.2% to 98.51 around 10:30 AM NY time, the highest since October 10th.2020-02-06T15:33:00"
Dollar Index Hits 9-week High,currency,Dollar Index Hits 9-week HighUnited States currencyDXY increased to a 9-week high of 98.3522020-02-06T14:30:11.427
US Labor Costs Rise 1.4% in Q4,Labour Costs,"US Labor Costs Rise 1.4% in Q4United States Labour CostsUnit labor costs in the US nonfarm business sector rose an annualized 1.4 percent in the fourth quarter of 2019, following a 2.5 percent advance in the previous three-month period and matching market expectations. Hourly compensation grew 2.8 percent (vs 2.3 percent in Q3), while productivity increased at a softer 1.4 percent (vs -0.2 percent in Q3). Costs in the total manufacturing sector jumped 5.9 percent. In 2019, labor costs rose 2.0 percent, slightly above a 1.8 percent gain in 2018.2020-02-06T13:34:00"
The Dow Jones Index rising 1.70%,Stock Market,"The Dow Jones Index rising 1.70%United States Stock MarketUnited States Stock Market is gaining 490 points. Leading the gains are UnitedHealth (5.51%), IBM (5.35%) and Exxon Mobil (4.54%).2020-02-05T20:30:03.017"
US Crude Oil Stocks Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 3.355 million barrels in the week ended January 31st 2020, after a 3.548 million rise in the previous week and above market expectations of a 2.831 million increase, according to EIA Petroleum Status Report. Meantime, gasoline inventories went down by 0.091 million barrels after increasing by 1.203 million in the previous week and compared with market consensus of a 2.057 million gain.2020-02-05T15:34:38.473"
US Output Growth Beats Estimates,Composite Pmi,"US Output Growth Beats EstimatesUnited States Composite PmiThe IHS Markit US Composite PMI was revised higher to 53.3 in January 2020 from a preliminary estimate of 53.1 and above December's 52.7. The latest reading signaled the fastest increase in private sector activity since last March boosted by a sharper expansion in service output (PMI at 53.4 vs 52.8 in December) while manufacturing growth slowed (PMI at 51.9 vs 52.4). New business rose at softer pace amid a renewed fall in new export orders, while employment rose only marginally. On the price front, inflationary pressures remained subdued.2020-02-05T14:58:00"
US Service Activity Growth Hits 10-Month High,Services PMI,"US Service Activity Growth Hits 10-Month HighUnited States Services PMIThe IHS Markit US Services PMI was revised slightly higher to 53.4 in January 2020 from a preliminary estimate of 53.2 and compared to December's final 52.8. The latest reading pointed to the strongest pace of expansion in the service sector since March last year as the rate of job creation quickened slightly to the fastest since last July and new business growth was sustained despite a decline in exports. Backlogs of work rose at the strongest rate for six months. On the price front, input cost inflation was the highest since July due to supplier price hikes and greater wage costs, while the rate of output charge inflation was only marginal overall. Finally, business optimism remained historically muted and eased since December.2020-02-05T14:53:00"
Dollar Climbs to Over 2-Month High,currency,"Dollar Climbs to Over 2-Month HighUnited States currencyThe dollar index hit a nine-week high of 98.3 in early trading Wednesday after data showed the private sector employment increased by the most in nearly five years, easily beating market forecasts, while the trade deficit narrowed in 2019 for the first time in six years. In addition, ISM data showed that the US service sector grew at the fastest pace in five months in January.2020-02-05T13:45:00"
US Imports Jump as Goods Purchases Hit 7-Month High,Imports,"US Imports Jump as Goods Purchases Hit 7-Month HighUnited States ImportsImports to the US rose USD 6.8 billion to USD 258.5 billion in December 2019 from the previous month's two-year low. Goods purchases climbed to a seven-month high after declining for three consecutive months, led by imports of industrial supplies and materials (up USD 4.0 billion) such as crude oil, nonmonetary gold and other petroleum products. Other goods purchases also increased USD 1.2 billion, and imports of services, including travel and transport, were up USD 0.4 billion. On a non seasonally adjusted basis, imports rose from Canada (8.7 percent), the EU (2.3 percent) and Japan (0.7 percent), but declined from China (-7.7 percent) and Mexico (-5.4 percent).2020-02-05T13:38:00"
US Exports Rise 0.8% in December,Exports,"US Exports Rise 0.8% in DecemberUnited States ExportsExports from the US rose USD 1.6 billion from the previous month to USD 209.6 billion in December 2019, boosted by shipments of industrial supplies and materials (up USD 1.7 billion) mostly crude oil, and other goods (up USD 1.0 billion). Also, petroleum exports were the highest on record, while motor vehicle and parts sales fell to the lowest level since November 2016. Exports of services, including travel and other business services, increased USD 0.3 billion. On a non seasonally adjusted basis, exports were down to China (-12.2 percent), the EU (-4.3 percent), Mexico (-8.8 percent) and Canada (-5.3 percent), but rose to Japan (12.4 percent).2020-02-05T13:35:00"
US Mortgage Applications Rise in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Rise in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States increased 5 percent in the week ended January 31st 2020, after a 7.2 percent jump in the previous week, data from the Mortgage Bankers Association showed. The jump brought the index to 682, the highest since May of 2013. Refinance applications went up 15.3 percent while applications to purchase a home declined 9.5 percent. Meantime, the average fixed 30-year mortgage rate fell by 10bps to 3.71 percent, the lowest since October of 2016.2020-02-05T12:05:04.827"
ISM New York Index Picks Up in January,Ism New York Index,"ISM New York Index Picks Up in JanuaryUnited States Ism New York IndexThe ISM New York Current Business Conditions climbed to 45.8 in January 2020 from 39.1 in the previous month, which was the lowest since May 2016. Current Revenues fell to a 4-month low (41.4 from 52.8 in December), while expected revenues rose above the breakeven point (64.3 from 50.0). Prices paid rose after three months of decreases, reaching a 4-month high of 68.1, up from 59.4 last month. Employment dropped 4.7 points to 56.1 in January and quantity of purchases continued to edge downward, reaching a 4-month low (43.1 in from 44.4). The Six-Month Outlook fell to a 3-month low of 57.3 in January, down after three straight months of increases.2020-02-04T16:11:42.087"
US Treasury Yields Rise on China Stimulus Measures,Government Bond 10Y,"US Treasury Yields Rise on China Stimulus MeasuresUnited States Government Bond 10YThe US benchmark 10-year yield rose by 7.7bps in morning trading to 1.5357% on Tuesday as concerns about the impact of the coronavirus on the global economy eased after China's central bank injected a total of 1.7 trillion yuan through reverse repos in the banking system, saying its determined to stabilize financial market expectations.2020-02-04T14:33:00"
Alphabet earnings at 15.35 USD,Earnings,Alphabet earnings at 15.35 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 15.35 USD.2020-02-04T12:43:12.483
The Dow Jones Index rising 0.82%,Stock Market,"The Dow Jones Index rising 0.82%United States Stock MarketUnited States Stock Market is gaining 232 points. Leading the gains are Nike (3.83%), Microsoft (2.36%) and IBM (2.33%). Top losers are Exxon Mobil (-2.22%), Verizon (-1.93%) and General Electric (-1.04%).2020-02-03T20:30:04.02"
Dollar Extends Gains on Upbeat ISM PMI Data,Currency,"Dollar Extends Gains on Upbeat ISM PMI DataUnited States CurrencyThe dollar index jumped 0.5% to 97.85 on Monday after data showed the ISM Manufacturing PMI rose to 50.9 in January, easily beating market expectations of 48.5 and pointing to the first month of growth in the US manufacturing sector since last July. The dollar was already gaining earlier in the session as investors remain worried about the global impact of the coronavirus, despite efforts from the Chinese authorities to shore up the economy and calm investors' nerves. On Monday, the first trading session after an extended Lunar New Year break, the Shanghai Composite slumped 7.7%, the biggest daily fall since August 2015, which prompted the PBoC to cut its reverse repo rates by 10bps and inject CNY 1.2 trillion into money markets through reverse bond repurchase agreements.2020-02-03T15:07:00"
US Manufacturing PMI Revised Higher: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Higher: MarkitUnited States Manufacturing PMIThe IHS Markit US Manuafacturing PMI was revised higher to 51.9 in January of 2020 from a preliminary of 51.7 but still remained below 52.4 reported in December. Output growth was the same as in December and was moderate overall. Also, manufacturers registered a slower and only mild increase in new orders. While domestic demand continued to rise, new export orders fell for the first time since last September. As a result, job creation was the slowest in four months. On the price front, input costs rose amid higher operating expenses, especially metals, as well as tariffs. Firms were reluctant to raise factory gate charges, however, in an effort to stay competitive. Output prices increased at only a fractional pace overall that was the slowest for three months. On the other hand, business confidence improved due to a greater investment in marketing and hopes of a pick up in client demand reportedly drove sentiment to a seven-month high.2020-02-03T14:55:00"
Dollar Gains amid Coronavirus Spread,Currency,"Dollar Gains amid Coronavirus SpreadUnited States CurrencyThe USD strengthened on Monday as investors remained worried about the global impact of the coronavirus, despite efforts from the Chinese authorities to shore up the economy and calm investors' nerves. On Monday, the first trading session after an extended Lunar New Year break, the Shanghai Composite slumped 7.7%, the biggest daily fall since August 2015, which prompted the PBoC to cut its reverse repo rates by 10bps and inject CNY 1.2 trillion into money markets through reverse bond repurchase agreements. The DXY was up 0.3% to 97.71 around 8:00 AM NY time2020-02-03T14:15:00"
US 10Y Bond Yield Hits 16-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 16-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 16-week low of 1.5068%2020-01-31T21:39:47.08
Stocks in United States Hit 7-week Low,Stock Market,Stocks in United States Hit 7-week LowUnited States Stock MarketDow Jones decreased to a 7-week low of 281772020-01-31T20:42:51.05
US Consumer Sentiment Revised Higher,Consumer Confidence,"US Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan consumer sentiment index in the US was revised up to 99.8 in January of 2020 from a preliminary of 99.1 and 99.3 in December. It is the highest reading in eight months, amid record low unemployment, record gains in income and wealth, as well as near record lows in inflation and interest rates. The expectations sub-index went up to 90.5 from a preliminary of 88.3 and 88.9 in the previous month. On the other hand, the current conditions sub-index fell to 114.4 from a preliminary of 115.8 and 115.5 in December. The 12-month inflation expectations rose to 2.5 percent from 2.3 percent in December and the five-year inflation gauge also increased to 2.5 percent from 2.2 percent. Both were in line with the preliminary release. 2020-01-31T15:06:00"
US PCE Prices Rise 0.3% MoM in December,PCE Price Index Monthly Change,"US PCE Prices Rise 0.3% MoM in DecemberUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States went up 0.3 percent month-over-month in December 2019, following a 0.1 percent rise in the previous month. Prices advanced faster for both goods (0.2 percent vs a flat reading in November) and services (0.3 percent vs 0.1 percent). Year-on-year, the PCE price index went up 1.6 percent, after a downwardly revised 1.4 percent in the previous month.        2020-01-31T13:35:00"
US Employment Costs Rise 0.7% in Q4,Employment Cost Index,"US Employment Costs Rise 0.7% in Q4United States Employment Cost IndexCompensation costs for civilian workers in the US increased 0.7 percent on quarter in the three months to December 2019, the same as in the previous period and in line with market expectations. Wages and salaries rose 0.7 percent, below a 0.9 percent gain in the third quarter; and benefit costs went up 0.5 percent, slower than 0.6 percent. Year-on-year, compensation costs for civilian workers increased 2.7 percent in the fourth quarter, easing from a 2.8 percent rise in the prior period.2020-01-31T13:32:00"
US Personal Income Rises Less than Forecast,Personal Income,"US Personal Income Rises Less than ForecastUnited States Personal IncomeUS personal income advanced by 0.2 percent from a month earlier in December 2019, following a downwardly 0.4 percent growth in November and missing market expectations of 0.3 percent. Increases in compensation of employees (0.3 percent vs 0.4 percent in November) and personal interest income (1.6 percent vs 0.5 percent) were partially offset by a decline in farm proprietors’ income (-1.5 percent vs 1.7 percent).2020-01-31T13:32:00"
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 7 thousand to 216 thousand in the week ending January 25th, compared to revised 223 thousand in the previous week and against markets expectations of 215 thousand. Claims data for the prior week was revised to show 12,000 more applications received than previously reported. The 4-week moving average was 214,500, a decrease of 1,750 from the previous week's revised 216,250. According to unadjusted data, the biggest declines in jobless claims were reported in California (-18,755), Illinois (-5,038) and Pennsylvania (-2,880) while the highest rises were seen in Oregon (376) and Kansas (352). Meantime, continuing jobless claims decreased by 44 thousand to 1,703 thousand.2020-01-30T13:31:00"
Facebook earnings at 2.56 USD,Earnings,Facebook earnings at 2.56 USDUnited States EarningsFacebook (FB) released earnings per share at 2.56 USD.2020-01-29T21:33:24.317
Microsoft earnings at 1.51 USD,Earnings,Microsoft earnings at 1.51 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 1.51 USD.2020-01-29T21:33:14.007
US 10-Year Treasury Yields Fall after Powell Press Conference,Government Bond 10Y,"US 10-Year Treasury Yields Fall after Powell Press ConferenceUnited States Government Bond 10YThe US 10-year Treasury yield fell further to 1.59% on Wednesday afternoon after the Fed Chair said during the regular press conference after the monetary policy decision that uncertainties about the outlook remain, including those posed by the new coronavirus. Although he won't speculate about the impact of the virus on the economy, he added that the central bank is very carefully monitoring the situation. 2020-01-29T21:04:00"
Dollar Eases as Powell Holds Press Conference,Currency,"Dollar Eases as Powell Holds Press ConferenceUnited States CurrencyThe dollar index erased most of its early gains on Wednesday as the Fed Chair held his regular press conference after the monetary policy decision. Powell said that the Fed intends to adjust the size and pricing of repo operations during the first half of the year and that the process will take place gradually, so the Fed is expected to continue offering repos at least through April. Fed Chair also added that uncertainties about the outlook remain, including those posed by the new coronavirus but won't speculate about the impact. The DXY was nearly flat at 98 around 3:00 PM NY time, after gaining near 0.1% earlier in the day.2020-01-29T20:03:00"
Wall Street Extends Gains after Fed Decision,Stock Market,"Wall Street Extends Gains after Fed DecisionUnited States Stock MarketUS stocks rose in afternoon trading Wednesday after the Federal Reserve left interest rates unchanged as widely expected, and said it will continue overnight repo operations ""at least through April 2020"" to ensure adequate short-term liquidity in bank funding markets. Policymakers remained upbeat about the continued moderate US economic growth and a ""strong"" job market, while there was no specific mention of the coronavirus in the statement. Meanwhile, corporate earnings reports have been supporting sentiment during the session on the back of solid quarterly results from Apple, Norfolk Southern and General Electric. Investors now await Facebook, Microsoft and Tesla earnings later in the day, while Coca-Cola, UPS, Amazon and Visa will report on Thursday and Caterpillar and Exxon Mobil on Friday. The Dow Jones added 153 points or 0.5%; the S&P 500 rose 14 points or 0.4%; and the Nasdaq advanced 48 points or 0.5% around 2:30pm NY time.2020-01-29T19:30:00"
Dollar Hovers Near 2-Month High,Currency,"Dollar Hovers Near 2-Month High United States CurrencyThe dollar index held near a two-month high on Wednesday, after the US Federal Reserve held interest rates steady, as widely expected, although it adjusted the interest on excess reserves rate to 1.60% from 1.55%. Officials expect that moving the IOER higher it will also boost the funds rate. The dollar index has been rising on worries about the potential economic impact of the coronavirus. The DXY was up 0.1% to 98.111 around 02:10 PM NY time.2020-01-29T19:12:00"
US 10-Year Treasury Yields Little-Changed,Government Bond 10Y,"US 10-Year Treasury Yields Little-ChangedUnited States Government Bond 10YThe US 10-year Treasury yield was little-changed at 1.61% on Wednesday afternoon after the Federal Reserve held interest rates steady at its first policy meeting of 2020, and failed to provide a new guidance on the current US Treasury bills purchase. Overnight repo operations will continue ""at least  through April 2020"" to ensure that the supply of reserves remain ample. Also, policymakers hiked the IOER to 1.60%, from 1.55% to keep the federal funds rate around the middle of the target range, while the ON RRP was raised to 1.50% from 1.45%.2020-01-29T19:08:00"
US Crude Oil Inventories Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More than Expected United States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 3.548 million barrels in the week ended January 24th 2020, after a 0.405 million drop in the previous week and against market expectations of a 0.482 million increase, according to EIA Petroleum Status Report. Meantime, gasoline inventories went up by 1.203 million barrels after increasing by 1.745 million in the previous week and compared with market consensus of a 1.32 million gain.2020-01-29T15:33:51.47"
US Pending Home Sales Rise 4.6% YoY,Pending Home Sales,"US Pending Home Sales Rise 4.6% YoYUnited States Pending Home SalesContracts to buy previously owned homes in the US increased 4.6 percent from a year earlier in December of 2019, below a 7.9 percent surge in November which was the largest annual increase since June 2015. Pending home sales were up in the Midwest (1.3 percent), South (7.4 percent) and West (7.0 percent) while those decreased slightly in the Northeast (-0.1 percent). On a monthly basis, pending home sales declined 4.9 percent, the biggest drop since 2010, while markets were expecting a 0.5 percent rise, as contracts were down in all regions: the Northwest (-4.0 percent), the Midwest (-3.6 percent) the South (-5.5 percent) and the West (-5.4 percent). Also, the inventory of homes for sale was the lowest on record. Lawrence Yun, NAR’s chief economist, said that mortgage rates are expected to remain under 4 percent for most of 2020 while net job creation will likely exceed two million. The economist also noted that low inventory remains a significant longer-term concern. 2020-01-29T15:05:00"
"Wall Street Gains as Investors Turn to Fed, Earnings",Stock Market,"Wall Street Gains as Investors Turn to Fed, EarningsUnited States Stock MarketWall Street opened higher on Wednesday as investors' focus turned to the Fed decision later in the day and to earnings reports. Apple shares were among the best performers after the company reported quarterly results that beat forecasts. McDonald's shares also gained after the company's quarterly results came better-than-expected. Boeing results disappointed but its shares were up as the CEO said the company will not change the name of the 737 MAX and remains focused on returning the service safely. On the coronavirus front, concerns eased slightly although investors remain worried about the impact of the flu-like virus. As of January 29th, the death toll rose to 132 and more than 6000 cases have been confirmed in China, exceeding 5327 of SARS cases in 2002-2003. The Dow Jones was up 0.6%, the S&P 500 gained 0.4% and the Nasdaq traded 0.5% higher around 11 minutes after the opening bell.2020-01-29T14:42:00"
US 10-Year Yield Declines as Investors Remain Cautious,Government Bond 10Y,"US 10-Year Yield Declines as Investors Remain CautiousUnited States Government Bond 10YThe yield on the US 10-year Treasury decreased by 1bps to 1.63% on Wednesday as investors await the Federal Reserve monetary policy decision later in the day and remain concerned about the impact of the coronavirus outbreak. As of January 29th, the death toll from the flu-like virus rose to 132 and more than 6000 cases have been confirmed in China, exceeding 5327 of SARS cases in 2002-2003. The yield on the 30-year Treasury bond was also lower at around 2.0872%. On Tuesday, the US 10-year yield temporarily fell below the US 3-month Bill yield for the first time since October 2019. That is usually seen as an indicator that a recession will come in one to two years.2020-01-29T14:38:00"
Dollar at 2-Month High,Currency,"Dollar at 2-Month HighUnited States CurrencyThe US dollar traded near two-month highs on Wednesday as investors await the Federal Reserve monetary policy decision later in the day and digest the latest updates on the coronavirus outbreak. The Fed is not expected to make any changes to its key fed funds rate although investors will be looking for further clues about the central bank balance sheet and the interest it pays on excess reserves held at the central bank. The Fed is expected to decide soon if it will continue buying $60 billion a month in US Treasury bonds of if it will change the practice. Regarding the Chinese virus, the death toll rose to 132 and more than 6000 cases have been confirmed in China as of January 29th, exceeding 5327 of SARS cases in 2002-2003. The DXY was up 0.1% to 98.148 around 8:30 AM NY time.2020-01-29T13:42:00"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the United States increased 7.2 percent in the week ended January 24th 2020, after a 1.2 percent drop in the previous week, data from the Mortgage Bankers Association showed. Refinance applications went up 7.5 percent while applications to purchase a home rose 5.3 percent. Meantime, the average fixed 30-year mortgage rate fell by 6bps to 3.81 percent.2020-01-29T12:03:27.777"
Apple earnings at 4.99 USD,Earnings,Apple earnings at 4.99 USDUnited States EarningsApple (AAPL) released earnings per share at 4.99 USD.2020-01-28T21:54:44.09
The Dow Jones Index rising 0.93%,Stock Market,"The Dow Jones Index rising 0.93%United States Stock MarketUnited States Stock Market is gaining 265 points. Leading the gains are General Electric (2.97%), Apple (2.92%) and Intel (2.68%). Top losers are 3M (-5.37%), Pfizer (-5.03%) and Coca-Cola (-0.50%).2020-01-28T20:30:01.473"
US Fifth District Factory Index at 16-Month High,Richmond Fed Manufacturing Index,"US Fifth District Factory Index at 16-Month HighUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose to 20 in January of 2019 from -5 in the previous month and beating market expectations of 9. It was the strangest reading since September 2018, as all three main components improved: shipments (29 from -6 in December), new orders (13 from -13); and employment (20 from 7). Also, local business conditions increased the most since February 2013 (16 from -6). Meantime, respondents reported a slowdown in the rates of growth of both prices paid (1.21 from 1.73) and prices received (1.31 from 1.60), although firms expect the growth rate of prices paid to rise in the near future. Overall, manufacturers were optimistic that conditions would continue to improve in the coming months.         2020-01-28T15:07:00"
US Durable Goods Orders Excluding Transportation Shrink for 2nd Month,Durable Goods Orders Ex Transportation,"US Durable Goods Orders Excluding Transportation Shrink for 2nd MonthUnited States Durable Goods Orders Ex TransportationNew orders for US durable goods excluding transportation fell 0.1 percent month-over-month in December of 2019, following a 0.4 percent drop in November and compared to market forecasts of a 0.2 percent rise. In January 2020, Boeing suspended production of the 737 Max model after 2 fatal crashes in 2019 as it awaits approval from the Federal Aviation Administration on software updates designed to fix the issues that contributed to the two crashes. Although Boeing does not expect the production pause to last more than a few months, the crisis is already affecting the company's supply chain, and the halt in production will most likely drag orders down. Considering full 2019, durable goods orders excluding transportation edged up 0.3 percent, after a 7 percent rise in 2018.2020-01-28T14:02:00"
"US Treasury Yields Drop, 3-M/10-Y Treasury Curve Inverts",Government Bond 10Y,"US Treasury Yields Drop, 3-M/10-Y Treasury Curve InvertsUnited States Government Bond 10YUS government debt prices went up on Tuesday morning, on the back of revived global economic fears, with demand spiking for safe-haven assets. This comes after Chinese authorities confirmed 106 deaths and above 4,500 confirmed cases of coronavirus. The US 10-year Treasury note decreased to 1.5737% and that on 30-year fell to 2.0258%. Meantime, the US 10-year yield fell below the US 3-month Bill yield for the first time since October 2019. 2020-01-28T10:34:00"
The Dow Jones Index is down by 1.36%,Stock Market,"The Dow Jones Index is down by 1.36%United States Stock MarketUnited States Stock Market is losing 395 points. Losses were led by Intel (-3.74%), Caterpillar (-2.96%) and American Express (-2.96%).2020-01-27T20:30:03.62"
US Futures Slump as Coronavirus Spreads,Stock Market,"US Futures Slump as Coronavirus SpreadsUnited States Stock MarketUS Stocks Futures were sharply down on Monday morning in Europe as investors have been frightened by a rapid spread of Chinese coronavirus. As of Monday, the death tall increased to 81 and more than 2700 people were reported to be infected. Dow Jones was down more than 470 points or 1.7%, S&P 500 decreased 55 points or 1.6% and NASDAQ100 dropped almost 200 points or 2.2% around 11AM London time.   2020-01-27T11:10:00"
The Dow Jones Index is down by 0.52%,Stock Market,"The Dow Jones Index is down by 0.52%United States Stock MarketUnited States Stock Market is losing 153 points. Losses were led by Merck & Co (-3.13%), JPMorgan Chase (-2.34%) and UnitedHealth (-2.29%). Offsetting the fall, top gainers were Intel (7.80%), American Express (2.82%) and Boeing (1.95%).2020-01-24T20:30:02.773"
US Private Sector Output Grows the Most in 10 Months,Composite Pmi,"US Private Sector Output Grows the Most in 10 MonthsUnited States Composite PmiThe IHS Markit US Composite PMI rose to 53.1 in January 2020 from 52.7 in the previous month and above market expectations of 52.5, a preliminary estimate showed. The latest reading pointed to the quickest rise in output since last March, as service sector expanded at a faster pace (PMI at 53.2 vs 52.8 in December) while manufacturing growth eased to a three-month low (PMI at 51.7 vs 52.4 in December). New business increased at a slower rate amid a decline in exports, while employment rose the most since last July. On the price front, input cost inflation hit a seven-month high, while average output charge inflation slowed from December’s ten-month high. Looking ahead, business sentiment was the strongest for seven months.2020-01-24T14:54:00"
Wall Street Shrugs Off Coronavirus Fears,Stock Market,"Wall Street Shrugs Off Coronavirus FearsUnited States Stock MarketUS stocks opened higher on Friday, as worries about the impact that the spread of coronavirus from China might have on economic growth were offset by better-than-expected earnings from American Express and Intel. Also, money flowed into riskier investments after encouraging business activity data out of Europe lifted the mood. The Dow Jones rose 0.4%, the S&P 500 added 0.1% and the Nasdaq went up 0.4% around 10 minutes after the opening bell.2020-01-24T14:44:00"
Dollar at Near 2-Month High,Currency,"Dollar at Near 2-Month HighUnited States CurrencyThe dollar index was trading up as much as 0.2% surpassing 97.85 around 6:30 AM New York time on Friday, a level not seen since December 2nd as ECB and BoE remain dovish and China is struggling in controlling the spread of coronavirus. Yesterday, ECB President Lagarde said during the press conference that risks to Euro Zone growth remained on the downside which was confirmed today by a release of weaker than expected business activity data. Also, some investors still expect an interest rate cut by the Bank of England next week despite significant improvement in manufacturing and services PMI. 2020-01-24T11:11:00"
Kansas Fed Manufacturing Activity Shrinks Further,Kansas Fed Manufacturing Index,"Kansas Fed Manufacturing Activity Shrinks FurtherUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index fell to -4 in January 2020 from a downwardly revised -3 in the previous month and compared with market expectations of -6. Meantime, the composite index, an average of the production, new orders, employment, supplier delivery time, and raw materials inventory indexes, rose to -1 from -5 in November, still remaining in contraction territory, driven by declines in nonmetallic mineral products; primary metal; fabricated metal products; computer and electronic products; beverage and tobacco products; and printing manufacturing. Most month-over-month indexes remained slightly negative, and inventories continued to decline. On the other hand, the employment index increased for the first time in over six months, returning into positive territory; and the supplier delivery time index was also slightly positive. 2020-01-23T16:21:00"
US Crude Oil Inventories Fall Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall Less than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States decreased by 0.405 million barrels in the week ended January 17th 2019, following 2.549 million fall in the previous week and against market expectations of a 1.009 million decline, according to EIA Petroleum Status Report. Meantime, gasoline inventories went up by 1.745 million barrels after rising by 6.678 million in the previous week and compared with market consensus of a 309 million increase.2020-01-23T16:04:31.977"
US Mortgage Applications Fall: MBA,Mortgage Applications,"US Mortgage Applications Fall: MBAUnited States Mortgage ApplicationsMortgage applications in the United States went down 1.2 percent in the week ended January 22nd 2019, after a 30.2 percent rise in the previous week, data from the Mortgage Bankers Association showed. Refinance applications decreased 1.8 percent while applications to purchase a home fell 2.0 percent. The average fixed 30-year mortgage rate was unchanged at 3.87 percent. 2020-01-22T12:02:00"
Johnson & Johnson earnings at 1.88 USD,Earnings,Johnson & Johnson earnings at 1.88 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 1.88 USD.2020-01-22T11:36:14.07
US Building Permits Fall More than Expected in December,Building Permits,"US Building Permits Fall More than Expected in DecemberUnited States Building PermitsBuilding permits in the United States fell 3.9 percent from a month earlier to a seasonally adjusted annual rate of 1,416 thousand in December 2019, missing market expectations of 1,468 thousand. Authorisations for the volatile multi-family housing segment declined 9.6 percent to 500 thousand and single-family permits dropped 0.5 percent to 916 thousand. Across regions, permits went down in the Northeast (-15.7 percent to 134 thousand) and the South (-6.5 percent to 688 thousand), but rose in the Midwest (0.5 percent to 207 thousand); and the West (3.8 percent to 387 thousand). Permits for November were revised to 1,474 thousand from 1,482 thousand. Considering full 2019, building permits increased a non-seasonally adjusted 3.9 percent to 1368.8 thousand.2020-01-17T13:32:00"
The Dow Jones Index rising 0.77%,Stock Market,"The Dow Jones Index rising 0.77%United States Stock MarketUnited States Stock Market is gaining 222 points. Leading the gains are Cisco Systems (1.85%), Home Depot (1.65%) and Goldman Sachs (1.45%). Top losers are Pfizer (-0.64%), Merck & Co (-0.48%) and Exxon Mobil (-0.26%).2020-01-16T20:30:02.41"
Stocks in United States Hit 15-month High,Stock Market,Stocks in United States Hit 15-month HighUnited States Stock MarketRussell 2000 increased to a 15-month high of 17062020-01-16T15:57:03.097
US Home Builder Sentiment Matches Forecasts,Nahb Housing Market Index,"US Home Builder Sentiment Matches ForecastsUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States fell to 75 in January of 2020 from an over 20-year high of 76 in the previous month, matching market expectations. The current single-family sub-index dropped to 81 from 84 in December and the one for prospective buyers decreased to 57 from 58. Meantime, the gauge for home sales over the next six months was unchanged at 79.2020-01-16T15:03:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 90812020-01-16T14:30:02
US Import Prices Rise the Most in 9 Months,Import Prices MoM,"US Import Prices Rise the Most in 9 MonthsUnited States Import Prices MoMImport prices in the US increased 0.3 percent from a month earlier in December 2019, following a 0.1 percent gain in November and matching market expectations. It was the largest monthly advance since March as prices for import fuel increased 2.8 percent (vs 1.3 percent in November) boosted by both petroleum and natural gas. Meanwhile, nonfuel import prices were unchanged (vs -0.1 percent in November) as declining nonfuel industrial supplies and materials prices offset higher prices for foods, feeds, and beverages and for finished goods. Prices for imports rose 0.5 percent in 2019, after decreasing 0.9 percent in 2018.2020-01-16T13:36:00"
US Export Prices Drop 0.2% MoM in December,Export Prices MoM,"US Export Prices Drop 0.2% MoM in DecemberUnited States Export Prices MoMExport prices in the US decreased 0.2 percent month-over-month in December 2019, after rising 0.2 percent in the prior month and missing market expectations of a 0.2 percent gain. Prices of agricultural products edged down 0.1 percent, after increasing 2.2 percent in November,as declines in prices of soybeans, fruit, and vegetables more than offset higher meat prices. Prices for nonagricultural products also fell 0.1 percent, following no change in the prior month. Lower prices for nonagricultural industrial  supplies and materials, automotive vehicles, and consumer goods all contributed to the overall decline. Prices for exports declined 0.7 percent in 2019, for the first time since 2015, after increasing 1.1 percent in 2018. 

2020-01-16T13:33:00"
US Jobless Claims Fall for 5th Straight Week,Initial Jobless Claims,"US Jobless Claims Fall for 5th Straight WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 10 thousand to 204 thousand in the week ending January 11th, compared to 214 thousand in the previous week and against markets expectations of 216 thousand new claims. It was the fourth consecutive week of decreases in jobless claims and the lowest level since the week ended November 30th, 2019. The 4-week moving average was 216,250, a decrease of 7,750 from the previous week's unrevised average of 224,000. According to unadjusted data, the biggest declines in jobless claims were reported in New York (-21,395), Wisconsin (-4,364) and South Carolina (-2,978) while the highest rises were seen in California (15,844), Texas (8,857) and Missouri (3,023). Meantime, continuing jobless claims decreased by 37 thousand to 1767 thousand.2020-01-16T13:31:00"
"US Stocks Close Higher, Dow and S&P Hit Record",Stock Market,"US Stocks Close Higher, Dow and S&P Hit RecordUnited States Stock MarketWall Street closed modestly in the green on Wednesday, as the US and China signed the Phase 1 trade agreement. President Trump announced that Beijing had agreed to buy “much more than $200 billion” of US goods over the next two years, and that the US will maintain the existing tariffs on Chinese goods until the Phase 2 deal is reached. However, uncertainty over phase two´s signing lingers. Liu He meanwhile said China will import $40 billion of US agricultural products. On the corporate side, Bank of America topped analyst expectations and Goldman Sachs posted higher than expected revenue. The Dow Jones added 91 points or 0.3% to a new high of 29030. The S&P 500 climbed 6 points or 0.2% to a record 3289. The Nasdaq edged up 7 points or 0.1% to 9259.
2020-01-15T21:07:00"
Dow Hits Record High,Stock Market,"Dow Hits Record HighUnited States Stock MarketThe Dow Jones climbed 0.6% to a new all-time high of 29,089 Wednesday, as President Donald Trump and Chinese Vice-Premier Liu He signed the Phase 1 trade agreement following 18 months of conflict. Also, both the S&P 500 and Nasdaq hit new records and traded just below 3,300 and 9,300 respectively. At the joint press conference, Trump announced Beijing had agreed to buy “much more than $200 billion” of US goods over the next two years, including agriculture, manufacturing and energy products. The President also confirmed the US will maintain the existing tariffs on Chinese goods until the Phase 2 deal is reached. Liu He meanwhile said China will import $40 billion of US agricultural products.2020-01-15T17:02:00"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped by 2.549 million barrels in the week ended January 10th 2019, after a 1.164 million decrease in the previous week and compared with market expectations of a 0.474 million fall, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went up by 6.678 million barrels after increasing by 9.137 million in the previous week and compared with market consensus of a 3.386 million rise.2020-01-15T15:33:34.88"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 290562020-01-15T14:59:41.25
Stocks in United States Hit 15-month High,Stock Market,Stocks in United States Hit 15-month HighUnited States Stock MarketRussell 2000 increased to a 15-month high of 16832020-01-14T18:34:42.573
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 290442020-01-14T17:46:40.96
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 90692020-01-14T14:30:55.767
JPMorgan Chase earnings at 2.57 USD,Earnings,JPMorgan Chase earnings at 2.57 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 2.57 USD.2020-01-14T11:49:53.117
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 32862020-01-13T20:53:41.15
Wall Street Shrugs Off Disappointing US Jobs Data,Stock Market,"Wall Street Shrugs Off Disappointing US Jobs DataUnited States Stock MarketUS stocks opened higher on Friday, despite weaker-than-expected US employment data from December. Money continued to flow into riskier investments after the US and Iran indicated that they were not seeking further conflict, easing worries about the risk of war in the Middle East. On the trade front, President Trump said on Thursday that the preliminary agreement between the US and China could be signed shortly after January 15th. The Nasdaq added 21 points or 0.2% to reach a record high; The S&P rose 5 points or 0.2% while the Dow Jones was nearly flat 5 minutes after the opening bell.2020-01-10T14:36:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 90252020-01-10T14:30:03.44
US Jobless Rate Holds Near 50-Year Low,Unemployment Rate,"US Jobless Rate Holds Near 50-Year LowUnited States Unemployment RateThe US unemployment rate held steady at 3.5 percent in December 2019, remaining at the lowest level since 1969 and in line with market expectations. The number of unemployed people decreased by 58 thousand to 5.75 million while employment rose by 267 thousand to 158.80 million. The labor force participation rate was unchanged at 63.2 percent.2020-01-10T13:34:00"
US Wages Growth Below Forecasts in December,Average Hourly Earnings,"US Wages Growth Below Forecasts in DecemberUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 3 cents, or 0.1 percent, to USD 28.32, after an upwardly revised 0.3 percent gain in November and missing market estimates of a 0.3 percent gain. Year-on-year, average hourly earnings have increased by 2.9 percent, the first below 3 percent reading since July 2018 and below market expectations of a 3.1 percent gain. In December, average hourly earnings of private-sector production and nonsupervisory employees were little changed at USD 23.79.




2020-01-10T13:31:00"
US Stocks Jump to New Records,Stock Market,"US Stocks Jump to New RecordsUnited States Stock MarketWall Street closed in the green to book fresh highs on Thursday, boosted by a 2.1% rise in Apple shares after government data showed iPhone sales in China were up 18% year-on-year in December. Also, investors shrug off political tensions in the Middle East as the last statement from President Trump has so far eased fears of an immediate escalation of conflicts. On the trade front, President Trump said on Thursday that Phase Two talks with China will start “right away,” noting he might wait till the November election to obtain more leverage. He also underscored that Phase One could be worth up to USD 50 billion in farm product purchases. The Dow Jones gained 212 points or 0.7% to 28957. The S&P 500 climbed 22 points or 0.7% to 3275. The Nasdaq added 74 points or 0.8% to 9203.
2020-01-09T21:05:00"
The Dow Jones Index is up by 0.67%,Stock Market,"The Dow Jones Index is up by 0.67%United States Stock MarketUnited States Stock Market is picking up 192 points. Gains are led by Goldman Sachs (1.93%), Apple (1.92%) and Coca-Cola (1.90%). Biggest losers are Verizon (-1.24%), UnitedHealth (-0.60%) and Cisco Systems (-0.57%).2020-01-09T20:30:07.76"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 32702020-01-09T14:30:09.797
US Stocks Rebound on Wednesday,Stock Market,"US Stocks Rebound on WednesdayUnited States Stock MarketWall Street rebounded and the Nasdaq closed at a new record after President Trump comments on Iran sparked relief. Stocks rallied after the President Trump said Iran appeared to be standing down after attacking the Ain al-Asad airbase overnight, triggering a selloff of US futures. However, the President added that will immediately impose economic sanctions on the Iranian regime. On the corporate side, Boeing stock tumbled after an Iran clash involving a 737 plane, while Macy’s announced the closing of 28 stores and a Bloomingdale’s store. The Dow Jones gained 161 points or 0.6% to 28745. The S&P 500 jumped 16 points or 0.5% to 3253. The Nasdaq climbed 61 points or 0.7% to 9129.
2020-01-08T21:07:00"
US Consumer Credit Grows Below Expectations,Consumer Credit,"US Consumer Credit Grows Below ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 12.5 billion in November 2019, down from an upwardly revised USD 19 billion gain in October and below market expectations of a USD 15 billion rise. Revolving credit including credit card borrowing declined USD 2.4 billion, following a USD 7.9 billion rise in October. Meanwhile, non-revolving credit including loans for education and automobiles rose USD 14.9 billion, accelerating from an USD 11.1 billion advance in the prior month. Year-on-year, total consumer credit rose 3.6 percent after growing 5.5 percent in the previous month.
2020-01-08T20:05:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 288342020-01-08T20:01:34.937
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 32562020-01-08T16:41:00.067
US Crude Oil Stocks Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly RiseUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 1.164 million barrels in the week ended January 3rd 2020, after a 11.463 million drop in the previous week and against market expectations of a 3.572 million decline, according to EIA Petroleum Status Report. Meantime, gasoline inventories went up by 9.137 million barrels after rising by 3.212 million in the previous week and compared with market consensus of a 2.654 million increase.2020-01-08T15:33:05.463"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 88782020-01-08T14:55:18.747
US Mortgage Applications Rise: MBA,Mortgage Applications,"US Mortgage Applications Rise: MBAUnited States Mortgage ApplicationsMortgage applications in the United States went up 13.5 percent in the week ended January 3rd 2019, data from the Mortgage Bankers Association showed. Refinance applications increased 24.6 percent while applications to purchase a home rose 3.0 percent. The average fixed 30-year mortgage rate went down 4bps to 3.91 percent.2020-01-08T12:26:57.083"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 88712020-01-07T16:27:16.173
US Imports Fall to 2-Year Low in November,Imports,"US Imports Fall to 2-Year Low in NovemberUnited States ImportsImports to the US dropped USD 2.5 billion from a month earlier to USD 251.7 billion in November 2019, the lowest level since October 2017, led by declines in capital goods purchases (down USD 1.2 billion) such as civilian aircraft and computers. Also, consumer goods imports fell USD 1.0 billion on the back of cell phones and other household goods, and artwork and other collectibles; while industrial supplies and materials purchases decreased USD 0.6 billion. Crude oil imports tumbled to 166.4 million barrels, the lowest since February 1992. Still, purchases of automotive vehicles, parts, and engines were up USD 1.1 billion; and imports of services rose USD 0.4 billion. On a non seasonally adjusted basis, goods imports dropped from all main partners: China (-9.2 percent); the EU (-11.2 percent); Canada (-11.8 percent); Mexico (-6.0 percent); Japan (-1.0 percent); and Brazil (-0.3 percent).2020-01-07T13:36:00"
US Exports Rise 0.7% in November,Exports,"US Exports Rise 0.7% in NovemberUnited States ExportsExports from the US rose USD 1.4 billion from the previous month to USD 208.6 billion in November 2019, mainly boosted by a USD 0.6 billion increase in shipments of capital goods, in particular drilling and oilfield equipment and civilian aircraft, and a USD 0.5 billion advance in consumer goods sales, such as jewelry and gem diamonds. In addition, purchases of automotive vehicles, parts, and engines were up USD 0.4 billion, as well as exports of services. On a non seasonally adjusted basis, goods exports to China jumped 13.7 percent and those to Brazil climbed 5.5 percent. Still, exports were down to other main trade partners: the EU (-6.4 percent); Japan (-7.6 percent); Mexico (-6.2 percent); and Canada (-6.0 percent).2020-01-07T13:33:00"
US Private Sector Growth Highest in 8 Months: PMI,Composite Pmi,"US Private Sector Growth Highest in 8 Months: PMIUnited States Composite PmiThe IHS Markit US Composite PMI was revised higher to 52.7 from a preliminary of 52.2 in December of 2019 and 52 in the previous month. The reading pointed to the strongest growth in private sector activity in eight months as services accelerated (52.8 from 51.6) while manufacturing slowed (52.4 from 52.6). New business grew at the strongest rate since July, with service providers recording a second successive and sharper rise in client demand. Similarly, firms indicated back-to-back expansions in new export orders, albeit both at fractional rates overall. Employment also continued to rebound from the contractions seen in September and October, with both sectors registering a rise in staffing levels. Meanwhile, rates of input and output price inflation quickened as private sector firms sought to pass higher costs on to clients and protect margins. Finally, output expectations remained historically subdued as firms remained uncertain regarding future client demand.2020-01-06T14:52:00"
US 10Y Bond Yield Hits 4-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 4-week low of 1.769%2020-01-06T02:41:11.143
US Crude Oil Inventories Fall the Most Since June,Crude Oil Stocks Change,"US Crude Oil Inventories Fall the Most Since JuneUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States decreased by 11.463 million barrels in the week ended December 27th of 2019, after a 5.474 million plunge in the previous week and compared with market expectations of a 3.288 million drop. It was the biggest fall in oil inventories since the week ended June 21st.  Meanwhile, gasoline inventories rose 3.212 million, following a 1.963 million gain in the prior week and against market consensus of a 1.823 million rise.2020-01-03T16:03:47.503"
Dollar Falls as ISM Manufacturing PMI Disappoints,Currency,"Dollar Falls as ISM Manufacturing PMI DisappointsUnited States CurrencyThe dollar index dropped below the 97-mark on Friday, after December's ISM Manufacturing PMI fell to 47.2, far below market expectations of 49.0 and pointing to the steepest pace of contraction in the manufacturing sector since June 2009.2020-01-03T15:12:36.357"
ISM New York Index Drops to 3-1/2-Year Low,Ism New York Index,"ISM New York Index Drops to 3-1/2-Year LowUnited States Ism New York IndexThe ISM New York Current Business Conditions index slumped to 39.1 in December 2019, the lowest since May 2016, from the previous month's seven-month high of 50.4. 2020-01-03T14:56:05.58"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 32532020-01-02T20:50:02.633
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 287022020-01-02T14:45:02.063
US Stocks Little-Changed as Year-End Rally Eases,Stock Market,"US Stocks Little-Changed as Year-End Rally EasesUnited States Stock MarketUS stocks were little-changed on Tuesday after President Donald Trump announced that the preliminary trade deal between Washington and Beijing will be signed on January 15th. The President also said that the agreement is “very large and comprehensive” and that he will be visiting Beijing at a later date to start Phase Two trade talks. The Dow Jones lost 0.2% to 28,417; the S&P 500 slid 0.1% to 3,219; while the Nasdaq added 0.1% to 8,954 around 2pm NY time. For the year, the Dow is set to gain 22% and the S&P 500 is seen jumping almost 30%, its best year since 2013, amid trade optimism and an improvement in global growth outlook.2019-12-31T14:49:00"
US House Prices Rise Less than Expected,FHFA House Price Index MoM,"US House Prices Rise Less than ExpectedUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States went up 0.2 percent from a month earlier in October 2019, following an upwardly revised 0.7 percent rise in the previous month and slightly below market expectations of a 0.3 percent gain. Among Census divisions, increases were recorded for East South Central (0.7 percent); Middle Atlantic (0.6 percent); the Pacific (0.6 percent); Mountain (0.4 percent) and South Atlantic (0.1 percent). In contrast, declines were seen in the East North Central (-0.5 percent) and West North Central (-0.2 percent); while prices in New England were unchanged. Year-on-year, house prices advanced 5 percent. 

2019-12-31T14:06:00"
Texas General Business Activity Below Forecast,Dallas Fed Manufacturing Index,"Texas General Business Activity Below ForecastUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas dropped to -3.2 in December 2019 from -1.3 in the previous month, well below market consensus of +1.5; while the company outlook index inched up three points to +1.3. The index measuring uncertainty regarding companies’ outlooks receded 12 points to +5.6, its lowest reading since March. Still, the production index, a key measure of state manufacturing conditions, rebounded to +3.6 after dipping into negative territory last month. Most other measures of manufacturing activity also rose in December: new orders (+1.6 vs -3.0); growth rate of orders index (-5.0 vs -9.3); capacity utilization (+7.8 vs -5.3); and shipments (+3.0 from -4.5). Labor market measures suggested rising employment levels and slightly longer workweeks this month.2019-12-30T15:38:00"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped by 5.474 million barrels in the week ended December 20th 2019, following a 1.085 million decrease in the previous week and compared with market expectations of a 1.724 million fall, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went up by 1.963 million barrels after increasing by 2.529 million in the previous week and compared with market consensus of a 1.663 million rise.2019-12-27T16:02:09.483"
US Stocks Trade at Record Levels,Stock Market,"US Stocks Trade at Record LevelsUnited States Stock MarketAll three major US stock indexes hit record highs on Thursday as markets reopened after the Christmas holiday, amid rising optimism around a ""Phase 1"" trade deal between Washington and Beijing. Retailers led the gains, after data showed holiday sales were boosted by a last-minute increase in online shopping. In addition, technology, financial and energy stocks were also among the best performers, while healthcare and industrial equities weighed on the market. The Dow Jones advanced 47 points or 0.2% to 28,563; the S&P 500 rose 8 points or 0.3% to 3,232; and the Nasdaq went up 41 points or 0.5% to 8,994 around 12:30pm NY time, after climbing above 9,000 for the first time.2019-12-26T16:24:00"
Stocks in United States Hit 14-month High,Stock Market,Stocks in United States Hit 14-month HighUnited States Stock MarketRussell 2000 increased to a 14-month high of 16802019-12-26T14:46:09.173
S&P 500 and Nasdaq Open at Records,Stock Market,"S&P 500 and Nasdaq Open at RecordsUnited States Stock MarketWall Street opened higher on Thursday, as trading resumes after the Christmas holiday. Both the S&P 500 and the Nasdaq hit fresh records as investors remain optimistic about the US-China trade deal. The Chinese commerce ministry said on Thursday that China is in close touch with the United States on signing the deal, Reuters reported. The Dow Jones added 0.1%, the S&P 500 gained 0.2% to a record of 3229 and the Nasdaq rose 0.2% to a fresh record of 8972 around 9 minutes after the opening bell. 2019-12-26T14:43:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 32312019-12-26T14:39:54.197
US Mortgage Applications Fall: MBA,Mortgage Applications,"US Mortgage Applications Fall: MBAUnited States Mortgage ApplicationsMortgage applications in the United States dropped 5.3 percent in the week ended December 20th 2019, after a 5.0 percent fall in the previous week, data from the Mortgage Bankers Association showed. Refinance applications went down 5.1 percent while applications to purchase a home decreased 4.8 percent. The average fixed 30-year mortgage rate went up 1 bps to 3.99 percent.2019-12-26T12:20:00"
Stocks in United States Hit 14-month High,Stock Market,Stocks in United States Hit 14-month HighUnited States Stock MarketRussell 2000 increased to a 14-month high of 16752019-12-23T20:14:00.287
Tenth District Manufacturing Activity Contracts Further,Kansas Fed Manufacturing Index,"Tenth District Manufacturing Activity Contracts FurtherUnited States Kansas Fed Manufacturing IndexThe Kansas City Fed's Manufacturing Production Index fell to -7 in December 2019 from -5 in the previous month, well below market forecasts of +2. The composite index, an average of the production, new orders, employment, supplier delivery time, and raw materials inventory indexes, dropped to -8 from -3 in November, driven by weak activity at durable goods plants, especially from declines in: wood products, nonmetallic mineral products, primary metal, fabricated metal products, machinery, and computer and electronic products manufacturing. The shipments index turned negative and the production, new orders, order backlog, and employment indexes declined further. Aside from the index for raw materials prices, only the supplier delivery time index remained slightly positive.2019-12-20T16:11:42.81"
US Personal Income Rises More than Expected,Personal Income,"US Personal Income Rises More than ExpectedUnited States Personal IncomeUS personal income advanced 0.5 percent from a month earlier in November 2019, following an upwardly 0.1 percent growth in October and beating market expectations of 0.3 percent. There were increases in compensation of employees, farm proprietors’ income, and personal interest income.2019-12-20T15:06:00"
US Consumer Sentiment Revised Higher,Consumer Confidence,US Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised slightly higher to 99.3 in December of 2019 from a preliminary of 99.2 and 96.8 in November. It is the highest reading since May and the second best in 2019. Current conditions were seen a bit more positive and inflation expectations declined.2019-12-20T15:06:00
US PCE Price Index Steady in November,PCE Price Index Monthly Change,"US PCE Price Index Steady in NovemberUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure price index in the United States rose 0.2 percent month-over-month in November 2019, the same pace as in the previous month. Services prices advanced 0.2 percent, the same pace as in the previous month. Meanwhile, goods cost was flat, after rising 0.3 percent in the prior month, as prices slowed for non-durable goods (0.1 percent vs 0.5 percent) and fell for durable ones (-0.2 percent vs 0.1 percent). Year-on-year, the PCE price index went up 1.5 percent, after an upwardly revised 1.4 percent in the previous month.



2019-12-20T15:04:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 86782019-12-20T14:30:03.797
US Stocks Shrug Trump’s Impeachment,Stock Market,"US Stocks Shrug Trump’s Impeachment United States Stock MarketUS equities opened higher on Thursday, unmoved by President's Trump impeachment by the House the day before and a smaller than expected dip in jobless claims.  On the trade front, China’s commerce ministry said on Thursday that China and the United States keep in touch over the signing of their trade deal. The Dow Jones went up 78 points or 0.3%; the S&P 500 gained 6 points or 0.2% and the Nasdaq traded 17 points or 0.2% around 15 minutes after the opening bell.2019-12-19T14:45:00"
US Current Account Gap Lowest in Over a Year,Current Account,"US Current Account Gap Lowest in Over a YearUnited States Current AccountThe US current account deficit narrowed to $124.1 billion in Q3 2019 from a downwardly revised $125.2 billion gap in Q2. It is the lowest current account deficit since Q2 2018 but higher than expectations of a $122.1 billion shortfall. It is equivalent to 2.3% of the GDP, down less than 0.1% from Q2. Exports of goods decreased $0.9 billion, to $413.8 billion, and imports went down $4.5 billion, to $633.4 billion, mainly reflecting falls in petroleum and products. Exports of services declined $0.3 billion, to $212.0 billion, led by personal travel; imports increased $1.6 billion, to $149.8 billion, mainly due to reinsurance. Receipts of primary income decreased $4.1 billion, to $282 billion, and payments fell $6.2 billion, to $213.3 billion. Receipts of secondary income increased $1.0 billion, to $36.6 billion and payments went up $3.7 billion, to $72.0 billion.2019-12-19T13:34:00"
US 10Y Bond Yield Hits 5-week High,Government Bond 10Y,"US 10Y Bond Yield Hits 5-week Highunited states Government Bond 10YThe yield on the 10-year US Treasury reached a 5-week high of 1.9503% on Thursday, as China announced new tariff exemptions for six chemical and oil products from the US and investors shrug off the Trump impeachment vote. 2019-12-19T12:37:00"
Stocks in United States Hit 14-month High,Stock Market,Stocks in United States Hit 14-month HighUnited States Stock MarketRussell 2000 increased to a 14-month high of 16622019-12-18T19:53:18.823
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 31992019-12-18T16:17:35.273
US Crude Oil Inventories Fall Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall Less than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States decreased by 1.085 million barrels in the week ended December 13th 2019, after a 0.822 million rise in the previous week and against market expectations of a 1.288 million decline, according to EIA Petroleum Status Report. Meantime, gasoline inventories went up by 2.529 million barrels after rising by 5.405 million in the previous week and compared with market consensus of a 2.178 million increase.2019-12-18T15:32:29.637"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 85932019-12-18T14:31:33.667
US IBD/TIPP Economic Optimism Highest in 7 Months,Economic Optimism Index,"US IBD/TIPP Economic Optimism Highest in 7 MonthsUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the US rose to 57 in December of 2019 from 52.9 in the previous month and well above market expectations of 54.2. It is the highest reading in seven months amid an improvement in the Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months (+2.3 percent to 63.1); and in the Six-Month Economic Outlook, the gauge of how consumers feel about the economy’s prospects in the next six months (+12.8 percent to 53). Meanwhile, the Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, also went up (+9.8 percent to 55).2019-12-17T15:27:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 31992019-12-17T14:36:58.947
US Housing Starts Beat Forecasts,Housing Starts,"US Housing Starts Beat ForecastsUnited States Housing StartsHousing starts in the US went up 3.2 percent month-over-month to an annualized 1.365 million units in November of 2019. It compares with an upwardly revised 1.323 million in the previous month and market expectations of 1.345 million. This is 13.6 percent above the November 2018 rate of 1,202,000. Single-family housing starts in November were at a rate of 938,000; this is 2.4 percent above the revised October figure of 916,000. The November rate for units in buildings with five units or more was 404,000. The housing market has been boosted by a fall in mortgage rates after the Fed cut key rates 3 times this year.2019-12-17T13:33:00"
Stocks in United States Hit 14-month High,Stock Market,Stocks in United States Hit 14-month HighUnited States Stock MarketRussell 2000 increased to a 14-month high of 16552019-12-16T15:43:27.693
US Private Sector Activity Growth Beats Forecasts,Composite Pmi,"US Private Sector Activity Growth Beats ForecastsUnited States Composite PmiThe IHS Markit US Composite PMI rose to a five-month high of 52.2 in December 2019 from 52 in the previous month and beating market expectations of 51.9, a preliminary estimate showed. Growth was supported by a stronger increase in activity across the services sector (PMI at 52.2 vs 51.6 in November) while manufacturing output was little-changed (PMI at 52.5 vs 52.6 in November).  New orders picked up to a five-month high and the job creation rate growth accelerated to its highest since July. On the price front, input cost inflation rose and output price inflation increased to a ten-month high. Lastly, sentiment improved among private sector firms, with the level of optimism strengthening to the highest since June.2019-12-16T14:58:00"
US Services Activity Growth at 5-Month High,Services PMI,"US Services Activity Growth at 5-Month HighUnited States Services PMIThe IHS Markit US Services PMI increased to 52.2 in December 2019 from 51.6 in the previous month and above market forecasts of 51.9, a preliminary estimate showed. The latest reading pointed to the sharpest expansion in the services sector since July, as new orders advanced to a five-month high and new export orders went up following four consecutive monthly declines. The job creation rate increased marginally for the second straight month, as firms expanded their staffing numbers to meet greater workloads. On the price front, input cost inflation remained relatively subdued, while output price inflation rose. Finally, sentiment improved to a six-month high.2019-12-16T14:53:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 31892019-12-16T14:30:06.693
NY State Manufacturing Activity Rises Faster,NY Empire State Manufacturing Index,"NY State Manufacturing Activity Rises FasterUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States increased to 3.5 in December of 2019 from 2.9 in November, compared to market expectations of 4. New orders were little changed (2.6 from 5.5), while shipments grew modestly (11.9 from 8.8). Delivery times were somewhat shorter (-5.8 from -5.5), and inventories held steady (2.2 from -6.2). Employment continued to expand (10.4, the same as in November), though the average workweek was unchanged (0.8 from 2.3). Input price increases continued to slow (15.2 from 20.5), and selling prices increased slightly (4.3 from 6.2). Optimism about the six-month outlook picked up (29.8 from 19.4), and capital spending plans were notably stronger. 2019-12-16T13:41:00"
US Import Prices Rebound as Expected,Import Prices MoM,"US Import Prices Rebound as ExpectedUnited States Import Prices MoMImport prices in the US increased 0.2 percent from a month earlier in November 2019, recovering from a 0.5 percent drop in the previous month and in line with market expectation. Import fuel prices rose 2.6 percent in November, the most since May and compared with a 2.5 percent drop the previous month, mainly due to natural gas (48.5 percent) and petroleum (1.1 percent). On the other hand, cost for nonfuel imports edged down 0.1 percent, the fourth consecutive monthly decline amid falling prices for capital goods and foods, feeds, and beverages. Year-on-year, import prices fell 1.3 percent, the smallest decline since the index fell 0.9 percent during the period ended May 2019. 2019-12-13T13:33:00"
US Export Prices Rise More than Expected in November,Export Prices MoM,"US Export Prices Rise More than Expected in NovemberUnited States Export Prices MoMExport prices in the US increased 0.2 percent month-over-month in November 2019, after a 0.1 percent drop in the prior month and above market expectations of a 0.1 percent rise. Prices of agricultural exports went up 2.2 percent, after rising 1.7 percent in October, while those of non agricultural products showed no growth after decreasing 0.2 percent in the previous month. Year-on-year, export prices declined 1.3 percent, following a 2.2 percent fall in October and against market consensus of a 2.0 percent drop.
2019-12-13T13:32:00"
Dollar Extends Losses on Friday,Currency,"Dollar Extends Losses on FridayUnited States CurrencyThe dollar continued to fall during European trading hours to reach 96.843, the lowest since July 18th, as Brexit uncertainty was removed and despite widespread trade optimism. The DXY plunged on Thursday right after an exit poll pointed that UK Prime Minister Boris Johnson's Conservative Party would win a comfortable majority in parliament and take UK out of EU on January 31st.
2019-12-13T10:56:00"
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-week high of 1.9167%2019-12-13T04:29:33.453
Dollar Falls Despite Trade Optimism,Currency,"Dollar Falls Despite Trade OptimismUnited States CurrencyThe dollar index plunged 0.8% to 96.7 on Thursday despite renewed trade optimism, after an exit poll suggested that Prime Minister Boris Johnson's Conservative Party will win a comfortable majority in Britain's parliament and deliver Brexit on January 31st. Earlier, the dollar had erased some losses after President Trump tweeted that China and the US were getting very close to a big deal.2019-12-12T22:52:00"
Stocks Rise as US and China Reach Trade Deal,Stock Market,"Stocks Rise as US and China Reach Trade DealUnited States Stock MarketWall Street jumped on Thursday after Bloomberg reported that US negotiators have the terms of a phase-one trade deal with China ready and are waiting for the approval of President Trump. Earlier in the day, the US President tweeted that China and the US were getting very close to a big deal. The Dow Jones was up 195 points to an-all time high of 28106, the S&P 500 increased 316 points to a record of 3162 and the Nasdaq gained 41 points to 8695 around 3:00 PM NY time. 2019-12-12T19:58:00"
Stocks in United States Hit 14-month High,Stock Market,Stocks in United States Hit 14-month HighUnited States Stock MarketRussell 2000 increased to a 14-month high of 16422019-12-12T18:26:44.637
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,"US 10Y Bond Yield Hits 4-week Highunited states Government Bond 10YThe yield on the US 10-year Treasury increased to a 4-week high of 1.8799% on Thursday after President Trump tweeted that China and the US were getting very close to a big deal. Also, Reuters reported that the US President will meet top trade advisers on Thursday to discuss tariffs set for December 15th. 2019-12-12T17:16:00"
Dollar Erases Some Losses After Trump Tweet,Currency,"Dollar Erases Some Losses After Trump TweetUnited States CurrencyThe dollar index erased some losses on Thursday after President Trump tweeted that China and the US were getting very close to a big deal. Earlier, the dollar touched 97.168, the lowest since July 21st as the Federal Reserve left the fed funds rate steady and signalled no plans to change it in 2020. Earlier in September, the so-called dot plot of interest rate projections was showing roughly half of the FOMC members were still expecting a rate hike.2019-12-12T15:43:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 282012019-12-12T15:14:01.917
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 31582019-12-12T14:39:02.67
US Stocks Fall on Weak Economic Data,Stock Market,"US Stocks Fall on Weak Economic DataUnited States Stock MarketWall Street opened lower on Thursday after Labor Department data showed that initial weekly jobs claim rose to the highest level since 2017. The data comes after the Federal Reserve held interest rates steady on Wednesday while investors await to see whether a new round of tariffs on Chinese goods takes effect next week. The Dow Jones lost 36 points, or 0.2%; the S&P 500 retreated 3 points, or 0.1%; and the NASDAQ fell 18 points, or 0.2%, around 5 minutes after the opening bell.2019-12-12T14:35:00"
US Producer Prices Unchanged in November,Producer Prices Change,"US Producer Prices Unchanged in NovemberUnited States Producer Prices ChangeProducer prices for final demand in the US were unchanged from the previous month in November 2019, after a 0.4 percent increase in the previous month and missing market expectations of 0.2 percent rise. Goods cost went up 0.3 percent (vs 0.7 percent in October) amid prices for meats, gasoline, chicken eggs, diesel fuel, fresh and dry vegetables, and tobacco. On the other hand, services prices moved down 0.3 percent, the most since February 2017, mainly due to food wholesaling and hospital outpatient care. Excluding food and energy, producer prices decreased 0.2 percent, against market consensus of a 0.2 percent gain. Year-on-year, the PPI rose 1.1 percent, matching October's rise, which was the smallest increase since October 2016; and the core index went up 1.3 percent. 2019-12-12T13:34:00"
US Stocks Mostly Muted after Fed Decision,Stock Market,"US Stocks Mostly Muted after Fed Decision United States Stock MarketWall Street barely moved after the Federal Reserve held the target range for the federal funds rate at 1.5-1.75 percent, despite robust job market. Investors were also waiting to see whether a new round of tariffs on Chinese goods takes effect next week. The Dow Jones lost 14 points or 0.1%, the S&P 500 added 7 points or 0.2% while the Nasdaq gained 41 points or 0.5% around 02:00 PM NY time..2019-12-11T19:06:00"
Dollar Index Hits 5-week Low,currency,Dollar Index Hits 5-week LowUnited States currencyThe dollar index dropped to over one-month low of 97.34 on Wednesday after the Federal Reserve left borrowing costs unchanged and signalled that it expects rates to remain low next year. 2019-12-11T18:59:00
US Crude Oil Stocks Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly RiseUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 0.822 million barrels in the week ended December 6th 2019, after a 4.856 million drop in the previous week and against market expectations of a 2.763 million decline, according to EIA Petroleum Status Report. Meantime, gasoline inventories went up by 5.405 million barrels after rising by 3.385 million in the previous week and compared with market consensus of a 2.533 million increase.2019-12-11T15:31:17.62"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the United States increased 3.8 percent in the week ended December 6th 2019, after a 9.2 percent drop in the previous week, data from the Mortgage Bankers Association showed. Refinance applications went up 8.7 percent while applications to purchase a home edged down 0.4 percent. The average fixed 30-year mortgage rate increased slightly by 1bps to 3.98 percent.2019-12-11T12:07:09.913"
"US Stocks Drop as Focus Turn to Fed, Trade",Stock Market,"US Stocks Drop as Focus Turn to Fed, TradeUnited States Stock MarketUS stocks fell slightly on Monday, following four consecutive sessions of gains, as investors await a Fed policy announcement on Wednesday and any further developments on trade negotiations as another round of US tariffs on Chinese goods is set to kick in later this week. The Dow Jones lost 69 points or 0.3%; the S&P 500 declined 4 points or 0.1%; and the Nasdaq retreated 10 points or 0.1% around 12:30 PM NY time.2019-12-09T14:42:00"
The Dow Jones Index rising 1.23%,Stock Market,"The Dow Jones Index rising 1.23%United States Stock MarketUnited States Stock Market is gaining 341 points. Leading the gains are 3M (4.02%), Goldman Sachs (3.43%) and American Express (2.32%).2019-12-06T20:30:02.903"
US Consumer Credit Growth Beats Expectations,Consumer Credit,"US Consumer Credit Growth Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 18.9 billion in October 2019, above both a downwardly revised USD 9.6 billion gain in September and market expectations of a USD 16 billion rise. Revolving credit including credit card borrowing declined USD 7.9 billion, following a USD 0.2 billion rise in September. Also, non-revolving credit including loans for education and automobiles rose USD 11 billion, accelerating from USD 9.4 billion advance in the prior month. Year-on-year, consumer credit growth accelerated to 5.5 percent in October from 2.8 percent in September, as revolving credit jumped 8.8 percent (vs 0.2 percent), whereas non-revolving credit accelerated to 4.3 percent (vs 3.7 percent).
2019-12-06T20:15:00"
US Treasury Yields Rise on Strong Jobs Report,Government Bond 10Y,"US Treasury Yields Rise on Strong Jobs ReportUnited States Government Bond 10YThe US benchmark 10-year yield was 4 bps higher at 1.8346% in late morning trading on Friday, after rising as much as 6.9 bps earlier boosted by stronger-than-expected jobs data. Non-farm payrolls increased by 266 thousand in November, the most in 10 months and well above market expectations of 180 thousand; while the unemployment rate fell unexpectedly to 3.5%, matching September's 50-year low. Also, the two-year yield, which typically moves in step with interest rate expectations, was up 3.3 bps to 1.6149%.2019-12-06T17:10:00"
US October Wholesale Inventories Revised Down,Wholesale Inventories,"US October Wholesale Inventories Revised DownUnited States Wholesale InventoriesUS wholesale inventories increased 0.1 percent from a month earlier in October of 2019, below preliminary estimates of 0.2 percent and after an upwardly revised 0.7 percent fall in the previous month. Stocks of non-durable goods rebounded (0.7 percent vs -1.3 percent in September) while those of durable goods dropped 0.3 percent, the same as in the prior month. Year-on-year, wholesale inventories grew 3.8 percent in October.2019-12-06T15:03:00"
Dollar Strengthens After Payrolls Release,Currency,"Dollar Strengthens After Payrolls ReleaseUnited States CurrencyThe dollar index jumped to 97.66 on Friday, right after the jobs report showed the US economy added 266K payrolls. The NFP number was the highest in 10 months and easily beat forecasts of 180K. The DXY was up 0.2% to 97.62 around 8:42 AM NY time.  2019-12-06T13:44:00"
US Wages Growth Misses Forecasts,Average Hourly Earnings,"US Wages Growth Misses ForecastsUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls increased by 7 cents, or 0.2 percent, to USD 28.29, after an upwardly revised 0.4 percent rise in October and missing market expectations of a 0.3 percent gain. Year-on-year, average hourly earnings have increased by 3.1 percent, easing from an upwardly revised 3.2 percent rise in the prior month but slightly above market expectations of a 3 percent gain. In November, average hourly earnings of private-sector production and nonsupervisory employees rose by 7 cents, or 0.3 percent, to USD 23.83.
2019-12-06T13:32:00"
US Jobless Rate Unexpectedly Falls to 3.5%,Unemployment Rate,"US Jobless Rate Unexpectedly Falls to 3.5%United States Unemployment RateThe US unemployment rate decreased to 3.5 percent in November 2019 from 3.6 percent in the previous month while markets had expected it to be unchanged at 3.6 percent. The number matched the September figure which was the lowest since 1969.
Over the month, the number of unemployed persons decreased by 44,000. The labor force participation rate edged down to 63.2 percent from 63.3 percent in October.2019-12-06T13:31:00"
US Stocks Edge Up on Strong Economic Data,Stock Market,"US Stocks Edge Up on Strong Economic DataUnited States Stock MarketWall Street opened slightly higher on Thursday, after the Challenger report showed companies cut less jobs in November and the US trade deficit came below forecasts. The Dow Jones went up 4 points to 27,654; the S&P 500 added 1 point to 3,144; and the NASDAQ gained 12 points to 8,579 around 10 minutes after the opening bell.2019-12-05T14:53:00"
Dollar Index Hits 4-week Low,currency,"Dollar Index Hits 4-week LowUnited States currencyThe dollar index dropped below 97.5, the lowest since November 4th on Thursday amid another step back in the US-China trade deal. On Thursday, the Chinese Ministry of Commerce spokesman said  in a less enthusiastic tone that ""China believes if both sides reach a phase-one agreement, relevant tariffs must be lowered"", according to CNBC. A day before, the hopes were high after Bloomberg reported that the US and China were nearing a trade deal, as the two countries were discussing the amount of tariffs that would be rolled back and President Donald Trump said at a NATO meeting that trade talks with China were going very well.  The DXY was down 0.2% to 97.46 around 9:50 AM NY time, the lowest since November 1st.2019-12-05T14:37:00"
US Imports Drop 1.7% to Near 2-Year Low,Imports,"US Imports Drop 1.7% to Near 2-Year LowUnited States ImportsImports to the US slumped USD 4.3 billion from a month earlier to USD 254.3 billion in October 2019, the lowest since November 2017. Goods imports declined USD 4.5 billion to USD 204.1 billion led by a USD 2.4 billion fall in consumer goods purchases such as pharmaceutical preparations, cellphones and other household items, cotton apparel and household goods, and toys, games and sporting goods. In addition, imports of motor vehicles and parts dropped USD 1.8 billion. Imports of services increased USD 0.1 billion to USD 50.2 billion in October. On a non seasonally adjusted basis, goods imports dropped from Brazil (-2.4 percent) and China (-0.2 percent), but rose from the EU (12.4 percent), Japan (6.8 percent), Mexico (5.2 percent) and Canada (6.1 percent). 2019-12-05T13:35:00"
US Exports Fall to 6-Month Low,Exports,"US Exports Fall to 6-Month LowUnited States ExportsExports from the US fell USD 0.4 billion from the previous month to USD 207.1 billion in October 2019, the lowest since April. Goods exports decreased USD 0.8 billion to USD 136.1 billion led by a decline in consumer goods sales (down USD 0.7 billion) such as pharmaceutical preparations and gem diamonds. Also, civilian aircraft engines exports dropped USD 0.6 billion and motor vehicle sales were USD 0.3 billion lower. Still, oil exports increased, with the petroleum surplus the highest on record. Exports of services grew USD 0.3 billion to USD 71.1 billion in October. On a non seasonally adjusted basis, goods exports advanced to all main partners: China (3.3 percent); Mexico (8.1 percent); Canada (3.6 percent); Japan (12.3 percent); the EU (8.6 percent); and Brazil (8.5 percent). 2019-12-05T13:33:00"
US Jobless Claims Lowest Since September,Initial Jobless Claims,"US Jobless Claims Lowest Since SeptemberUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 10 thousand to 203 thousand in the week ended November 30th from the previous week’s unrevised level of 213 thousand and compared with market expectations of 215 thousand. It is the lowest level since the week ended September 7th. According to unadjusted data, the largest declines were reported in California (-12,312), Texas (-5,915) and New York (-5,283). 2019-12-05T13:32:00"
The Dow Jones Index increasing 0.67%,Stock Market,"The Dow Jones Index increasing 0.67%United States Stock MarketUnited States Stock Market is up by 185 points. The rise is driven by JPMorgan Chase (1.82%), Goldman Sachs (1.81%) and 3M (1.77%). Biggest losses came from Cisco Systems (-0.56%), Visa (-0.48%) and General Electric (-0.45%).2019-12-04T20:30:03.533"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped by 4.856 million barrels in the week ended October 29th 2019, after a 1.572 million gain in the previous week and compared with market expectations of a 1.734 million fall, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went up by 3.385 million barrels after increasing by 5.132 million in the previous week and compared with market consensus of a 1.826 million rise.2019-12-04T15:31:09.047"
US November Composite PMI Revised Higher,Composite Pmi,"US November Composite PMI Revised HigherUnited States Composite PmiThe IHS Markit US Composite PMI came in at four-month high of 52.0 in November 2019, little-changed from a preliminary 51.9 and compared to October's final reading of 50.9. Growth was supported by stronger increases in activity across both the manufacturing (PMI at 52.6 vs 51.3 in October) and service sectors (PMI at 51.6 vs 50.6 in October). Employment rebounded amid greater new business inflows and a rise in backlogs of work, while business confidence remained subdued.2019-12-04T14:58:00"
US Service Sector Growth Strengthens: Markit,Services PMI,"US Service Sector Growth Strengthens: MarkitUnited States Services PMIThe IHS Markit US Services PMI was confirmed at 51.6 in November 2019, up from 50.6 in the previous month, signaling a further upturn in output across the service sector. New business rebounded from the slight contraction seen in October and expanded at the fastest pace since August, despite a fourth month of declines in new business from abroad. Employment increased for the first time since August, due to greater workloads, and the level of outstanding business at service sector firms also rose. Inflationary pressures were relatively subdued, with selling prices increasing only fractionally. Looking ahead, business confidence remained muted and close to historical lows, amid global economic uncertainty.2019-12-04T14:53:00"
US Mortgage Applications Fall: MBA,Mortgage Applications,"US Mortgage Applications Fall: MBAUnited States Mortgage ApplicationsMortgage applications in the United States slumped 9.2 percent in the week ended November 29th 2019, after a 1.5 percent rise in the previous week, data from the Mortgage Bankers Association showed. Refinance applications went down 15.6 percent while applications to purchase a home increased 0.9 percent. The average fixed 30-year mortgage rate was unchanged at 3.37 percent.2019-12-04T12:04:00"
The Dow Jones Index decreasing 1.01%,Stock Market,"The Dow Jones Index decreasing 1.01%United States Stock MarketUnited States Stock Market is falling 280 points. Losses were driven by Intel (-2.69%), Goldman Sachs (-2.28%) and Apple (-1.93%).2019-12-03T20:30:02.26"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyDXY decreased to a 4-week low of 97.6732019-12-03T16:29:07.78
"US Stocks Slump, Dow Hits 1-Month Low",Stock Market,"US Stocks Slump, Dow Hits 1-Month LowUnited States Stock MarketWall Street opened lower on Tuesday on increased doubts over whether a trade agreement between the US and China can be reached after President Trump said a deal might only happen next year. On Monday, Washington announced tariffs on US steel and aluminium imports from Brazil and Argentina and threatened to impose duties on some French products. The Dow Jones lost more than 450 points, the biggest decline in two month, to hit one-month low, the S&P 500 slid 36 points or 1.2%, and the Nasdaq traded 106 points or 1.2% lower around 11:30 AM NY time.2019-12-03T14:36:00"
The Dow Jones Index decreasing 0.84%,Stock Market,"The Dow Jones Index decreasing 0.84%United States Stock MarketUnited States Stock Market is falling 235 points. Losses were driven by Boeing (-2.35%), American Express (-2.18%) and United Technologies (-2.17%). Biggest rises came from Exxon Mobil (0.51%), McDonalds (0.45%) and Coca-Cola (0.17%).2019-12-02T20:30:02.883"
US Crude Oil Stocks Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly RiseUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 1.572 million barrels in the week ended September 22th 2019, following a 1.379 million gain in the previous week and against market expectations of a 0.418 million decline, according to EIA Petroleum Status Report. Meantime, gasoline inventories went up by 5.132 million barrels after rising by 1.756 million in the previous week and compared with market consensus of a 1.222 million increase.2019-11-27T15:31:00"
US Pending Home Sales Rise 4.4% YoY,Pending Home Sales,"US Pending Home Sales Rise 4.4% YoYUnited States Pending Home SalesContracts to buy previously owned homes in the US jumped 4.4 percent from a year earlier in October of 2019 amid lower mortgage rates. That was the largest annual increase in pending home sales since December 2015, as contracts were up in all 4 main regions: the West (7.5 percent), the South (5.1 percent), the Northeast (3 percent) and the Midwest (1.8 percent). On a monthly basis, pending home sales shrank 1.7 percent, while markets were expecting a 0.8 percent rise. The Northeast experienced a minor uptick (1.9 percent), but the other three major US regions reported declines: the West (-3.4 percent), the Midwest (-2.7 percent) and the South (-1.7 percent). Lawrence Yun, NAR’s chief economist, noted the decline in inventory and a small rise in mortgage rates in October from September to, in part, explain this month’s signings drop. “While contract signings have decreased, the overall economic landscape remains favorable,” Yun said.2019-11-27T15:11:00"
US Personal Income Unchanged in October,Personal Income,"US Personal Income Unchanged in OctoberUnited States Personal IncomeUS personal income was unchanged in October 2019, following a 0.3 percent growth in September and missing market expectations of 0.3 percent. An increase in wages and salaries was partially offset by declines in personal interest income and in farm proprietors’ income.2019-11-27T15:05:00"
Chicago PMI Recovers from 4 Year Low,Chicago Pmi,"Chicago PMI Recovers from 4 Year LowUnited States Chicago PmiThe MNI Chicago Business Barometer in the US increased to 46.3 in November of 2019 from 43.2 in October which was the lowest since December 2015. Still, the index came below market expectations of 47 and remained in contraction for the third straight month. The New Orders and Order Backlogs indices saw the largest monthly improvement in November, while Supplier Deliveries fell the most. 

2019-11-27T14:59:00"
US Jobless Claims Fall More than Expected,Initial Jobless Claims,"US Jobless Claims Fall More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 15 thousand to 213 thousand in the week ended November 23 from the previous week's upwardly revised 228 thousand and below market expectations of 221 thousand. According to unadjusted data, the largest declines were reported in Illinois (-2,595), Oklahoma (-923) and Ohio (-793) while the biggest increases were observed in California (+8,894), Pennsylvania (+5,042) and New York (+3,282).
2019-11-27T13:31:00"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the United States went up 1.5 percent in the week ended November 22nd 2019, after a 2.2 percent drop in the previous week, data from the Mortgage Bankers Association showed. Refinance applications increased 4.2 percent while applications to purchase a home dropped 1.2 percent. The average fixed 30-year mortgage rate went down 2bps to 3.37 percent.2019-11-27T12:03:14.74"
US Stocks Book New Records,Stock Market,"US Stocks Book New RecordsUnited States Stock MarketWall Street edged higher to fresh highs on Tuesday, as prospects for a limited deal between China and the US brightened. On Tuesday, Beijing and US trade negotiators spoke by phone and offered a positive message that talks continue to progress. China’s Commerce Ministry said both countries “reached a consensus on properly resolving related issues.” On the corporate side, retailers outperformed after Best Buy posted better than expected quarterly earnings and raised its fiscal 2020 earnings forecast. The Dow Jones gained 54 points or 0.2% to 28122. The S&P 500 added 7 points or 0.2% to 3141. The Nasdaq climbed 15 points or 0.2% to 8648.
2019-11-26T21:06:00"
Stocks in United States Hit 13-month High,Stock Market,Stocks in United States Hit 13-month HighUnited States Stock MarketRussell 2000 increased to a 13-month high of 16252019-11-26T15:08:16.15
US Fifth District Factory Index Unexpectedly Drops,Richmond Fed Manufacturing Index,"US Fifth District Factory Index Unexpectedly Drops United States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia decreased to -1 in November 2019 from 8 in the previous month, missing market expectations of 6. Shipments (-2 vs 4 in October), new orders (-3 vs 7) and backlog of orders (-11 vs 6) declined while employment softened (5 vs 13). Respondents expected employment (20 vs 16) and wages (54 vs 56) to continue to grow in the near future. The average growth rate of prices paid by manufacturing firms slowed (1.55 vs 2.40), while that of prices received accelerated slightly (1.80 vs 1.71), with the result that growth of prices received outpaced that of prices paid for the first time since September 2017. Still, firms expected growth of prices paid to rise and prices received to fall in the next six months. Overall, manufacturers were optimistic that conditions would improve in the coming months.2019-11-26T15:03:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 31362019-11-26T14:48:51.867
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 83752019-11-26T14:30:04.19
US Home Price Growth Nears 7-Year Low: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Price Growth Nears 7-Year Low: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US rose 2.1 percent year-on-year in September 2019, little-changed from a 2.0 percent increase in the previous month, which was the smallest gain since August 2012. Phoenix recorded the biggest increase in home prices (6.0 percent), followed by Charlotte (4.6 percent) and Tampa (4.5 percent), while the smallest gains were seen in Chicago (0.6 percent), New York (0.8 percent), Seattle (1.7 percent) and Los Angeles (1.7 percent). Prices in San Francisco fell 0.7 percent. The national index, covering all nine US census divisions, advanced 3.2 percent, up from 3.1 percent in the previous month.2019-11-26T14:07:00"
US House Prices Rise the Most in 8 Months: FHFA,FHFA House Price Index MoM,"US House Prices Rise the Most in 8 Months: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.6 percent from a month earlier in September 2019, following a 0.2 percent increase in the previous month and above market expectations of a 0.2 percent gain. It is the highest monthly rise in house prices since January. Among Census divisions, increases were recorded for East South Central (1.9 percent); South Atlantic (1.3 percent); West North Central (0.6 percent); Middle Atlantic (0.6 percent); Mountain (0.5 percent); East North Central (0.3 percent); West South Central (0.2 percent); Pacific (0.1 percent) and New England (0.1 percent). Year-on-year, house prices advanced 5.1 percent. On a quarterly basis, house prices climbed 4.9 percent in Q3, below a 5.2 percent jump in Q2.2019-11-26T14:04:00"
US Stocks Rally to Fresh Highs,Stock Market,"US Stocks Rally to Fresh HighsUnited States Stock MarketWall Street closed in the green on Monday to book new records, as US-China trade deal optimism boosted investors’ confidence. On Sunday, China said it will raise penalties on violations of intellectual property rights and will also look into reducing the threshold for criminal punishment for those who steal IP. Abroad, markets reacted favourably to the landslide pro-democracy majority win in Hong Kong, the first opportunity to vote after months of violent protests. On the corporate side, Novartis agreed to buy Medicines Co. for equity worth around $6.8 billion. The Dow Jones climbed 191 points or 0.7% to 28066. The S&P 500 added 23 points or 0.8% to 3134. The Nasdaq jumped 113 points or 1.3% to 8632.
2019-11-25T21:06:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 31332019-11-25T20:54:39.1
The Dow Jones Index increasing 0.75%,Stock Market,"The Dow Jones Index increasing 0.75%United States Stock MarketUnited States Stock Market is up by 209 points. The rise is driven by UnitedHealth (2.44%), Intel (2.13%) and Apple (1.84%). Biggest losses came from Exxon Mobil (-1.11%), Verizon (-0.67%) and Johnson & Johnson (-0.65%).2019-11-25T20:30:03.037"
US Private Sector Growth at 4-Month High,Composite Pmi,"US Private Sector Growth at 4-Month HighUnited States Composite PmiThe IHS Markit US Composite PMI went up to a four-month high of 51.9 in November 2019 from 50.9 in the previous month, in line with market expectations, a preliminary estimate showed. Growth was supported by stronger increases in activity across both the manufacturing (PMI at 52.2 vs 51.3 in October) and service sectors (PMI at 51.6 vs 50.6 in October).2019-11-22T14:51:00"
US Crude Oil Inventories Rise for 4th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 4th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 1.379 million barrels in the week ended November 15th 2019, following a 2.219 million gain in the previous week and compared with market expectations of a 1.543 million rise, according to EIA Petroleum Status Report. Meantime, gasoline inventories went up by 1.756 million barrels after increasing by 1.861 million in the previous week and compared with market consensus of a 0.87 million gain.2019-11-20T15:31:17.87"
US Stocks Fall on Wednesday,Stock Market,"US Stocks Fall on WednesdayUnited States Stock MarketUS equities fell slightly on Wednesday pulling back from record highs reached a day earlier amid renewed US-China trade concerns. On Tuesday, President Trump threatened to further raise tariffs on Chinese goods if a deal is not reached and the Wall Street Journal reported that trade talks are in danger of hitting an impasse, citing former administration officials. The tensions also increased after the US Senate unanimously passed the “Hong Kong Human Rights and Democracy Act”, bringing a strong rebuke from China. Investors also await minutes from the last Fed meeting to be released later in the day, looking for further insights on the central bank monetary policy. The Dow Jones lost 88 points or 0.3%, the S&P 500 declined 5 points or 0.2% and the Nasdaq traded 16 points or 0.2% lower around 12 PM NY time.2019-11-20T14:50:00"
US Stocks Open at Record Highs,Stock Market,"US Stocks Open at Record HighsUnited States Stock MarketWall Street opened at fresh record highs on Tuesday, with the S&P 500 Index rising for the sixth consecutive session, led by gains from Boeing as the planemaker booked $3.6 billion in new orders for its 737 Max jet at the day three of the Dubai Airshow. The Dow Jones gained 24 points or 0.1%; the S&P 500 rose 1 point or 0.1%, and the Nasdaq went up 18 points or 0.2% around 15 minutes after the opening bell.2019-11-19T14:47:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 83572019-11-19T14:30:05.253
US Building Permits Rise to Over 12-Year High,Building Permits,"US Building Permits Rise to Over 12-Year HighUnited States Building PermitsBuilding permits in the United States rose 5 percent from a month earlier to a seasonally adjusted annual rate of 1,461 thousand in October 2019, beating market expectations of 1,383 thousand. Permits were at the highest level since May 2007, as authorisations for the volatile multi-family housing segment advanced 8.2 percent to 552 thousand and single-family permits increased 3.2 percent to 909 thousand, its highest since August 2007. Across regions, permits went up in the Northeast (19.5 percent to 141 thousand); Midwest (1.7 percent to 176 thousand); South (5.6 percent to 776 thousand); and the West (0.8 percent to 368 thousand). Permits for September were revised to 1,391 thousand from 1,387 thousand.  2019-11-19T13:32:00"
Foreign Investors Sell US Assets in September,Capital Flows,"Foreign Investors Sell US Assets in SeptemberUnited States Capital FlowsOverseas investors sold USD 37.6 billion of US assets, including short-dated instruments, in September 2019, after buying a downwardly revised USD 41.9 billion in August while markets expected a purchase of USD 35.9 billion. Foreign investors bought USD 49.5 billion of long-term US securities, including government and corporate, after selling USD 41.2 billion in the previous month. Foreign investors sold USD 34.3 billion of US treasuries, after selling USD 30.5 billion. 2019-11-19T09:07:37.94"
US International Capital Flows Below Expectations,Foreign Bond Investment,"US International Capital Flows Below ExpectationsUnited States Foreign Bond InvestmentOverseas investors sold USD 37.6 billion of US assets, including short-dated instruments, in September 2019, after buying a downwardly revised USD 41.9 billion in August while markets expected a purchase of USD 35.9 billion. Foreign investors bought USD 49.5 billion of long-term US securities, including government and corporate, after selling USD 41.2 billion in the previous month. Foreign investors sold USD 34.3 billion of US treasuries, after selling USD 30.5 billion. 
2019-11-18T21:16:00"
US Stocks Edge Higher to New Records,Stock Market,"US Stocks Edge Higher to New RecordsUnited States Stock MarketWall Street closed modestly in the green on Monday to book new records despite trade talks making little progress over the weekend. On the monetary policy front, Fed Chairman Jerome Powell met with President Trump to discuss the economy but gave no hints or promises of future central bank policy. On the corporate side, Discovery shares climbed after John Malone, company director, disclosed that he was buying $75 million worth of stock. The Dow Jones inched up 31 points or 0.1% to 28036. The S&P 500 added 2 points or 0.1% to 3122. The Nasdaq climbed 9 points or 0.1% to 8550.
2019-11-18T21:04:00"
"Dow Jones, S&P 500 at Record High",Stock Market,"Dow Jones, S&P 500 at Record HighUnited States Stock MarketUS stocks reversed early losses and traded slightly higher on Monday, with the Dow Jones hitting a new record high at 28,073 and the S&P 500 at 3,127, boosted by technology shares after the US granted an extra three-month extension for US companies to do business with China’s Huawei. Still, investors remain cautious about a US-China trade deal, after CNBC reported that 'the mood in Beijing about trade deal is pessimistic' after Chinese officials were troubled by President Trump’s comment that there was no agreement on rolling back tariffs. The Dow Jones added 35 points to 28,009, the S&P 500 traded was 4 points up to 3,121; and the Nasdaq gained 5 points to 8,546 around 1:30 pm NY time.2019-11-18T17:24:00"
The Dow Jones Index rising 0.72%,Stock Market,"The Dow Jones Index rising 0.72%United States Stock MarketUnited States Stock Market is gaining 199 points. Leading the gains are UnitedHealth (5.65%), Johnson & Johnson (2.43%) and Pfizer (2.38%). Top losers are Walt Disney (-1.97%), Walmart (-1.76%) and Chevron (-1.31%).2019-11-15T20:30:04.5"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 83082019-11-15T14:30:01.927
US Export Prices Fall 0.1% MoM,Export Prices MoM,"US Export Prices Fall 0.1% MoMUnited States Export Prices MoMExport prices in the US edged down 0.1 percent month-over-month in October of 2019, following a 0.2 percent decline in the previous month and matching market expectations. Prices decreased for nonagricultural exports (-0.3 percent vs -0.1 percent in September) driven by industrial supplies and materials, capital goods, and consumer goods. On the other hand, prices for agricultural exports went up 1.9 percent, following a 1.7 percent drop in the previous month, mainly boosted by a 4.9 percent increase in soybean cost. Year-on-year, export prices slumped 2.2 percent, the largest 12-month decrease in the index since a 2.4 percent drop in August of 2016.2019-11-15T13:38:00"
Powell Sees GDP Expansion on a Sustainable Path,Interest Rate,"Powell Sees GDP Expansion on a Sustainable PathUnited States Interest RateIf you look at today’s economy, there’s nothing that’s really booming now that would want to bust, Fed Chair Powell said during the second day of testimony before House Budget Committee, suggesting that the country’s economic expansion is sustainable. Fed Chair also said that the national debt and deficit do not pose any immediate threats for a “day of reckoning.”2019-11-14T18:40:00"
US Crude Oil Inventories Rise for 3rd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 3rd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 2.219 million barrels in the week ended November 8th 2019, following a 7.929 million gain in the previous week and compared with market expectations of a 1.649 million gain, according to EIA Petroleum Status Report. Meantime, gasoline inventories went up by 1.861 million barrels after decreasing by 2.828 million in the previous week and compared with market consensus of a 1.167 million decline.2019-11-14T16:02:00"
US Stocks Mostly Muted,Stock Market,"US Stocks Mostly MutedUnited States Stock MarketUS stocks opened close to the flat line on Thursday retreating from fresh highs reached in the previous session, amid mixed economic data and persistent concerns regarding trade negotiations. Producer prices increased the most in six months while weekly jobless claims rose more than expected and Walmart quarterly earnings beat forecasts. The Dow Jones traded near the flat line; while the S&P 500 fell 2 points or 0.1%, and the Nasdaq lost 18 points or 0.2% around 20 minutes after the opening bell.2019-11-14T14:51:00"
US Mortgage Applications Rise the Most in 3 Months,Mortgage Applications,"US Mortgage Applications Rise the Most in 3 MonthsUnited States Mortgage ApplicationsMortgage applications in the United States jumped 9.6 percent in the week ended November 8th 2019, rebounding from a 0.1 percent drop in the previous week, data from the Mortgage Bankers Association showed. It was the biggest gain since the week ended August 9th. Applications to purchase a home rose 5.1 percent and refinance applications surged 12.9 percent. The average fixed 30-year mortgage rate went up 5bps to 4.03 percent.2019-11-13T12:04:00"
Dollar Index Hits 4-week High,currency,Dollar Index Hits 4-week HighUnited States currencyDXY increased to a 4-week high of 98.4242019-11-13T08:20:12.047
US Stocks Trade Nearly Flat,Stock Market,"US Stocks Trade Nearly FlatUnited States Stock MarketThe 3 major stock indexes in the US reversed most of their earlier gains on Tuesday, with the S&P 500 and the Nasdaq falling from fresh intraday highs after President Trump during the speech at the Economic Club of New York offered no detail about the US-China trade talks besides confirming that a deal could happen soon. The US President put economic growth at center of his 2020 campaign and criticized the Federal Reserve for not cutting interest rates sooner. Both the Dow Jones and the S&P 500 traded near the flatline while the Nasdaq added 8 points or 0.1% around 3:10 PM NY time. 2019-11-12T20:15:58.473"
US Stocks Hold Gains,Stock Market,"US Stocks Hold GainsUnited States Stock MarketWall Street continued to trade higher on Tuesday with the S&P 500 and the Nasdaq hitting fresh intraday highs after President Trump's speech at the Economic Club of New York. President Trump put economic growth at center of his 2020 campaign saying that his policies have generated a boom in growth and jobs and reiterated his criticism of the Federal Reserve, which he has criticized for not cutting interest rates sooner and more drastically.The Dow Jones gained 35 points or 0.1%; the S&P 500 was up 10 points or 0.3%; and the Nasdaq traded 40 points or 0.5% higher around 1PM ET.2019-11-12T18:05:00"
S&P 500 and Nasdaq Hit Record Highs,Stock Market,S&P 500 and Nasdaq Hit Record HighsUnited States Stock MarketWall Street posted small gains on Tuesday morning with the S&P 500 and the Nasdaq hitting fresh intraday highs as investors await a speech from President Trump at the Economic Club of New York at noon ET. President Trump is expected to give clues on the status of trade talks between the US and China and credit his policies including lowering taxes and cutting regulation for the better state of US economy during his presidency.The Dow Jones gained 55 points or 0.2%; the S&P 500 was up 12 points or 0.4% to 3040; and the Nasdaq traded 38 points or 0.5% higher at 8502 around 1 hour after the opening bell.2019-11-12T15:23:00
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 82722019-11-12T15:10:10.987
US Stocks Mostly Muted ahead of Trump Speech,Stock Market,US Stocks Mostly Muted ahead of Trump SpeechUnited States Stock MarketWall Street opened flat to higher on Tuesday as investors await a speech from President Trump later in the day at the Economic Club of New York for further clues on trade with China. The Dow Jones traded around the flatline; the S&P 500 gained 5 points or 0.2%; and the Nasdaq was up 17 points or 0.2% around 5 minutes after the opening bell. 2019-11-12T14:42:00
The Dow Jones Index rising 0.65%,Stock Market,"The Dow Jones Index rising 0.65%United States Stock MarketUnited States Stock Market is gaining 178 points. Leading the gains are Goldman Sachs (2.33%), General Electric (2.18%) and UnitedHealth (2.09%). Top losers are Pfizer (-1.83%), Procter & Gamble (-0.80%) and Coca-Cola (-0.78%).2019-11-07T20:30:06.79"
US Consumer Credit Growth Nears 1-1/2-Year Low,Consumer Credit,"US Consumer Credit Growth Nears 1-1/2-Year LowUnited States Consumer CreditConsumer credit in the United States went up by USD 9.5 billion in September 2019, below both a downwardly revised USD 17.8 billion gain in August and market expectations of a USD 15 billion rise. This is the slowest increase in total consumer credit since June 2018, as revolving credit including credit card borrowing declined USD 1.1 billion, following an upwardly revised USD 2.2 billion fall in August. Also, non-revolving credit including loans for education and automobiles rose USD 10.6 billion, the smallest gain in four months, easing from an upwardly revised USD 20.1 billion advance in the prior month. Year-on-year, consumer credit growth moderated to 2.8 percent in September from 5.2 percent in August, as revolving credit fell 1.2 percent (vs -2.5 percent in August), whereas non-revolving credit growth slowed to 4.2 percent (vs 7.9 percent in August).



2019-11-07T20:06:00"
US Crude Oil Inventories Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 7.929 million barrels in the week ended November 1st 2019, following a 5.702 million gain in the previous week and compared with market expectations of a 1.515 million gain, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went down by 2.828 million barrels after decreasing by 3.037 million in the previous week and compared with market consensus of a 1.809 million decline.2019-11-06T15:31:00"
US 10Y Bond Yield Hits 7-week High,Government Bond 10Y,US 10Y Bond Yield Hits 7-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 7-week high of 1.8673%2019-11-05T15:47:54.253
US Services Activity Growth at Over 3-1/2-Year Low,Services PMI,"US Services Activity Growth at Over 3-1/2-Year LowUnited States Services PMIThe IHS Markit US Services PMI came in at 50.6 in October 2019, below a preliminary estimate of 51 and compared to 50.9 in September. The reading pointed to the weakest expansion in the services sector since February 2016, as growth was dragged down by lacklustre client demand and greater hesitancy among customers to place orders. Also, new business dropped for the first time since series began, signalling a marginal decline new order levels. Additionally, employment shrank at the steepest rate for almost a decade, as voluntary leavers were not replaced and firms struggled to fill outstanding vacancies. Meantime, new export orders fell for the third straight month, still the rate of contraction eased. On the price front, input prices rose boosted by higher supplier and wage costs; while output prices were broadly unchanged. Finally, confidence improved to a four-month high, amid positive sentiment to the development of new service lines and low interest rates. 2019-11-05T14:51:00"
US Private Sector Growth Revised Down,Composite Pmi,"US Private Sector Growth Revised DownUnited States Composite PmiThe IHS Markit Composite PMI edged down to 50.9 in October 2019 from 51 in the previous month and below preliminary estimates of 51.2. The latest reading signals only a marginal rise in output across the private sector, as services activity expanded at the softest pace since February 2016 (PMI at 50.6 from 50.9 in September) while the manufacturing sector grew slightly more (PMI at 51.3 from 51.1). New orders growth fell close to stagnation and new export orders dropped for the third straight month. Also, companies cut jobs at the sharpest rate since December 2009. On the price front, firms signalled a renewed rise in average selling prices for goods and services, with input prices rising at a historically muted pace. Looking ahead, business sentiment towards the year ahead improved. 2019-11-05T14:49:00"
US Stocks Hit New Highs,Stock Market,"US Stocks Hit New HighsUnited States Stock MarketUS stocks extended gains on Tuesday, after data showed the country's non-manufacturing activity grew faster than expected in October and the trade deficit narrowed to a five-month low in September. The sentiment was also boosted by signs of  progress in US and China trade talks as China is reviewing locations in the US where President Xi Jinping would be willing to meet with President Donald Trump to sign a pact. The Dow Jones rose 56 points or 0.2%; the S&P 500 added 1 point or less than 0.1%; and the Nasdaq gained 8 points or 0.1% around 30 minutes after the opening bell.2019-11-05T14:30:00"
US Imports Drop 1.7% in September,Imports,"US Imports Drop 1.7% in SeptemberUnited States ImportsImports to the US slumped USD 4.4 billion from a month earlier to USD 258.4 billion in September 2019. Goods imports declined USD 4.5 billion to USD 208.6 billion led by a fall in consumer goods purchases (down USD 2.5 billion) such as cell phones & other household goods, and toys, games & sporting equipment. In addition, imports of semiconductors decreased USD 0.6 billion, and those of automobiles slid USD 1.1 billion. Imports of services increased USD 0.1 billion to USD 49.9 billion in September. On a non seasonally adjusted basis, goods imports dropped from Japan (-13.0 percent), China (-2.3 percent), Mexico (-4.9 percent), the EU (-4.3 percent), but rose from Canada (0.7 percent) and Brazil (1.6 percent).2019-11-05T13:36:00"
US Exports Fall 0.9% in September,Exports,"US Exports Fall 0.9% in SeptemberUnited States ExportsExports from the US fell USD 1.8 billion from the previous month to USD 206.0 billion in September 2019. Goods exports decreased USD 1.8 billion to USD 136.8 billion, led by USD 1 billion drop in exports of soybeans. Sales of automotive vehicles, parts, and engines also decreased USD 1 billion, while civilian aircraft exports increased USD 0.8 billion. Exports of services, particularly travel, were down USD 0.1 billion to USD 69.2 billion in September. On a non seasonally adjusted basis, goods exports declined to all main partners: China (-8.8 percent), Mexico (-6.5 percent), Canada (-3.6 percent), Japan (-6.9 percent), the EU (-0.7 percent) and Brazil (-5.7 percent).2019-11-05T13:34:00"
Stocks in United States Hit 13-week High,Stock Market,Stocks in United States Hit 13-week HighUnited States Stock MarketRussell 2000 increased to a 13-week high of 15962019-11-04T15:35:06.13
Exxon Mobil earnings at 0.68 USD,Earnings,Exxon Mobil earnings at 0.68 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 0.68 USD.2019-11-02T00:32:41.307
Stocks in United States Hit 14-week High,Stock Market,Stocks in United States Hit 14-week HighUnited States Stock MarketDow Jones increased to a 14-week high of 273142019-11-01T17:47:18.647
Stocks in United States Hit 6-week High,Stock Market,Stocks in United States Hit 6-week HighUnited States Stock MarketRussell 2000 increased to a 6-week high of 15812019-11-01T14:21:13.787
US Manufacturing PMI Revised Lower: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Lower: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised lower to 51.3 in October 2019 from a preliminary estimate of 51.5 and compared to the previous month's 51.1. The latest reading remained consistent with a modest improvement in the health of the manufacturing sector, as output and new order growth rates accelerated to six-month highs and employment rose at the quickest pace since May.2019-11-01T13:51:00"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 81232019-11-01T13:30:07.707
US Manufacturing Payrolls Fall the Most in a Decade,Manufacturing Payrolls,"US Manufacturing Payrolls Fall the Most in a DecadeUnited States Manufacturing PayrollsThe US manufacturing sector shed 36 thousand jobs in October 2019, following a revised 5 thousand fall in September and compared to market expectations of 50 thousand decline. It was the biggest decline in manufacturing employment since October 2009 following a strike at GM plants in Michigan and Kentucky, which ended last Friday. Striking workers who do not receive a paycheck during the payrolls survey period are treated as unemployed.2019-11-01T12:50:41.617"
US Personal Income Rises 0.3% as Expected,Personal Income,"US Personal Income Rises 0.3% as ExpectedUnited States Personal IncomePersonal income in the United States increased 0.3 percent in September 2019 as widely expected, easing from a revised 0.5 percent growth in August. There were gains in personal interest income, farm proprietors' income, and government social benefits to persons.2019-10-31T12:39:00"
US Jobless Claims Rise in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 5 thousand to 218 thousand in the week ended October 26th from the previous week’s revised level of 213 thousand and compared with market expectations of 215 thousand. According to unadjusted data, the biggest rises were seen in California (+2,317); Virginia (+1,867); Georgia (+1,621) and New York (+1,179) while the largest declines were reported in Tennessee (-882) and Michigan (-752). 2019-10-31T12:32:00"
Apple earnings at 3.03 USD,Earnings,Apple earnings at 3.03 USDUnited States EarningsApple (AAPL) released earnings per share at 3.03 USD.2019-10-30T20:52:36.433
Facebook earnings at 2.12 USD,Earnings,Facebook earnings at 2.12 USDUnited States EarningsFacebook (FB) released earnings per share at 2.12 USD.2019-10-30T20:31:24.657
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 30482019-10-30T19:23:42.59
US Treasury Yields Drop,Government Bond 10Y,"US Treasury Yields Drop United States Government Bond 10YUS Treasury yields fell on Wednesday, after latest data showed a deceleration in the US GDP growth in Q3 and as investors await a Fed funds rate cut later in the day. The 10-year Treasury note dropped 1.1bps to 1.824%; and the 30-year note slipped 1.5bps to 2.315%; while the 2-year bond yield was barely unchanged at 1.642%.2019-10-30T16:24:00"
US Crude Oil Inventories Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 5.702 million barrels in the week ended October 25th 2019, after a 1.699 million drop in the previous week and against market expectations of a 0.494 million increase, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went down by 3.037 million barrels after decreasing by 3.107 million in the previous week and compared with market consensus of a 2.185 million decline.2019-10-30T14:32:00"
US Stocks Fall Ahead of Fed Policy Statement,Stock Market,US Stocks Fall Ahead of Fed Policy StatementUnited States Stock MarketUS stocks traded slightly lower on Wednesday despite stronger than expected GDP and private jobs data as investors remain cautious ahead of the Federal Reserve's interest rate announcement later in the day. The Dow Jones lost 18 points or 0.1; the S&P 500 fell 2 points or 0.1% and the Nasdaq retreated 12 points or 0.1% around 10 AM NY time.2019-10-30T13:49:00
Stocks in United States Hit 5-week High,Stock Market,Stocks in United States Hit 5-week HighUnited States Stock MarketRussell 2000 increased to a 5-week high of 15782019-10-29T16:08:41.977
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 30442019-10-29T14:42:52.42
Alphabet earnings at 10.12 USD,Earnings,Alphabet earnings at 10.12 USDUnited States EarningsAlphabet (GOOG) released earnings per share at 10.12 USD.2019-10-29T11:10:04.333
Dallas Fed Manufacturing Index Below Forecasts,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Below ForecastsUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to -5.1 in October 2019 from 1.5 in the previous month and well below market consensus of 1.4. The production index, a key measure of state manufacturing conditions, fell 9 points to 4.5, suggesting a moderation in output growth. Other measures of manufacturing activity also suggested slower expansion in October: new orders (-11 points to -4.2), the first negative reading in three years; capacity utilization (-8.4 points to 3.6), reaching a three-year low; and shipments (-9 points to 6). Labor market measures suggested slower growth in employment and work hours this month. Expectations regarding future business conditions were more optimistic in October. The index of future general business activity returned to positive territory, rising 9 points to 2.4; and the index of future company outlook rose 13 points to 15.3, its highest level in six months. 2019-10-28T14:38:00"
Stocks in United States Hit 5-week High,Stock Market,Stocks in United States Hit 5-week HighUnited States Stock MarketRussell 2000 increased to a 5-week high of 15672019-10-28T13:47:18.68
US 10Y Bond Yield Hits 6-week High,Government Bond 10Y,US 10Y Bond Yield Hits 6-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 6-week high of 1.849%2019-10-28T13:37:18.443
Stocks in United States Hit 5-week High,Stock Market,Stocks in United States Hit 5-week HighUnited States Stock MarketDow Jones increased to a 5-week high of 271212019-10-28T13:33:09.607
S&P 500 Hits Record High,Stock Market,"S&P 500 Hits Record HighUnited States Stock MarketThe S&P 500 surged above 3,028 on Monday morning, hitting a fresh record high, amid strong corporate earnings results and on hopes that Washington and Beijing are moving towards a trade agreement.2019-10-28T13:30:00"
S&P Upgrades Greece’s Credit Rating to ‘BB-’,Credit Rating,"S&P Upgrades Greece’s Credit Rating to ‘BB-’United States Credit RatingS&P Global Ratings upgraded on Friday 25 October 2029 Greece’s sovereign credit rating to ‘BB-’ from ‘B’ and assigned a positive outlook, citing as main driver behind the revision receding budgetary risks and the lifting of capital controls. Moody's credit rating for the United States was last set at Aaa with stable outlook. Fitch's credit rating for the United States was last reported at AAA with stable outlook. DBRS's credit rating for the United States is AAA with stable outlook.2019-10-25T23:42:41.06"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 80322019-10-25T15:47:45.967
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketRussell 2000 increased to a 4-week high of 15582019-10-25T15:31:00.97
Amazon earnings at 4.23 USD,Earnings,Amazon earnings at 4.23 USDUnited States EarningsAmazon (AMZN) released earnings per share at 4.23 USD.2019-10-24T20:52:07.68
Kansas Manufacturing Activity Falls in October,Kansas Fed Manufacturing Index,"Kansas Manufacturing Activity Falls in OctoberUnited States Kansas Fed Manufacturing IndexThe Federal Reserve Bank of Kansas City Manufacturing Production Index fell to 8 in October 2019 from 11 in the previous month and compared with market forecasts of 4. The composite index, an average of the production, new orders, employment, supplier delivery time, and raw materials inventory indexes, was driven by slower activity at durable goods plants, especially from decreases in nonmetallic mineral products, primary metal, fabricated metal products, machinery, computer and electronic products, and transportation equipment manufacturing. Most month-over-month indexes dropped, in particular the new orders index. Meanwhile, the production index remained positive, and the supplier delivery time index inched higher. The month-over-month price index for raw materials went down at a slower rate, while the price index for finished products expanded slightly. Firms expected prices to increase over the next 6 months.2019-10-24T15:07:00"
US Private Sector Growth Below Forecasts,Composite Pmi,"US Private Sector Growth Below ForecastsUnited States Composite PmiThe IHS Markit Composite PMI rose marginally to 51.2 in October 2019 from 51 in the previous month and missing market expectations of 51.6, a flash estimate showed. The reading continued to point to a moderate expansion in the private sector, though the quickest in three months, as manufacturing output hit a 6-month high (PMI at 51.5 from 51.1 in September) and services activity grew the most in 3 months (PMI at 51.0 from 50.9). New orders rose at the slowest pace since the index began in October 2009 while backlogs of work fell for the third month running, reflecting the near-stalling of inflows of new work. Also, employment decreased for the second month and the most since December 2009, mainly due to more cautious hiring strategies and a lack of new work to replace completed projects. On the price front, average input costs increased for the first time since July. Looking ahead, business sentiment hit a four month-high, on hopes of improved domestic economic conditions. 
2019-10-24T13:50:00"
US Jobless Claims Unexpectedly Fall,Initial Jobless Claims,"US Jobless Claims Unexpectedly FallUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 6 thousand to 212 thousand in the week ended October 19 from the previous week's upwardly revised level of 218 thousand and compared with market expectations of 215 thousand. According to unadjusted data, the largest declines were reported in New York (-2,827), Michigan (-1,262), Texas (-1,210) and Oklahoma (-1,043), while the biggest rises were seen in Iowa (+422) and Oregon (+406). 


2019-10-24T12:31:00"
Microsoft earnings at 1.38 USD,Earnings,Microsoft earnings at 1.38 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 1.38 USD.2019-10-23T20:30:50.22
US Crude Oil Stocks Unexpectedly Fall,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly FallUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped by 1.699 million barrels in the week ended October 18th 2019, after a 9.281 million gain in the previous week and compared with market expectations of a 2.232 million gain, according to EIA Petroleum Status Report. Meantime, gasoline inventories went down by 3.107 million barrels after decreasing by 2.562 million in the previous week and compared with market consensus of a 2.267 million decline.2019-10-23T14:32:00"
US House Prices Growth Slows in August: FHFA,FHFA House Price Index MoM,"US House Prices Growth Slows in August: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.2 percent from a month earlier in August 2019, after a 0.4 percent gain in the previous month. Among Census divisions, increases were recorded in New England (0.9 percent); East North Central (0.5 percent); West North Central (0.5 percent); West South Central (0.4 percent); and in the Middle Atlantic (0.2 percent). In contrast, declines were seen in the East South Central (-0.8 percent); South Atlantic (-0.1 percent); and Mountain (-0.1 percent); while prices in the Pacific were unchanged. Year-on-year, house prices advanced 4.6 percent. 2019-10-23T13:04:00"
US Fifth District Factory Index at 6-Month High,Richmond Fed Manufacturing Index,"US Fifth District Factory Index at 6-Month HighUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose to 8 in October 2019 from -9 in the previous month and against market expectations of -14. It was the highest reading since April, amid increases in all three main components: shipments (4 from -14 in September), new orders (7 from -14); and employment (13 from 3). Still, manufacturing firms continued to struggle to find workers with the skills needed and expected this difficulty to persist in the coming months. Also, backlogs of orders rebounded (6 from -11) and there was an improvement in local business conditions (4 from -15). Respondents reported a slowdown in the rates of growth of both prices paid (2.40 from 2.68) and prices received (1.71 from 2.59), which would continue in the near future. Overall, manufacturers were optimistic that conditions would continue to improve in the next six months.





2019-10-22T14:09:00"
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketS&P 500 increased to a 4-week high of 30122019-10-22T13:30:06.753
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-week high of 1.7782%2019-10-21T09:34:49.2
Dollar Index Hits 7-week Low,currency,Dollar Index Hits 7-week LowUnited States currencyDXY decreased to a 7-week low of 97.4962019-10-18T11:17:42.967
US Crude Oil Inventories Rise the Most Since April,Crude Oil Stocks Change,"US Crude Oil Inventories Rise the Most Since AprilUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 9.281 million barrels in the week ended October 11th 2019, following a 2.927 million gain in the previous week and compared with market expectations of a 2.878 million gain, according to EIA Petroleum Status Report. It was the biggest gain in oil inventories since the week ended April 26th.  Meanwhile, gasoline inventories went down by 2.562 million barrels after decreasing by 1.213 million in the previous week and compared with market consensus of a 1.209 million decline. 2019-10-17T15:03:00"
Dow Jones traded above 27100,stock market,"Dow Jones traded above 27100United States stock marketDow Jones Industrial Average increased above 27100 on Thursday October 17, 20192019-10-17T13:50:08.073"
US Stocks Gain on Earnings; Brexit Deal,Stock Market,"US Stocks Gain on Earnings; Brexit DealUnited States Stock MarketWall Street traded higher on Thursday morning, as strong earnings reports from companies including Netflix and Morgan Stanley lifted investors’ mood. Also, news that the European Union and the UK reached a deal on Brexit weighed on sentiment. The Dow Jones rose 0.3%, the S&P 500 increased 0.6% and the Nasdaq gained 0.7% around 09:50 AM NY time.2019-10-17T13:50:00"
Stocks in United States Hit 5-week High,Stock Market,Stocks in United States Hit 5-week HighUnited States Stock MarketNASDAQ 100 increased to a 5-week high of 79702019-10-17T13:30:03.38
US Building Permits Fall Less than Expected,Building Permits,"US Building Permits Fall Less than ExpectedUnited States Building PermitsBuilding permits in the United States decreased 2.7 percent from a month earlier to a seasonally adjusted annual rate of 1,387 thousand in September 2019, while markets had expected a 26 percent tumble to 1,350 thousand. Authorisations for the volatile multi-family housing segment fell 8.2 percent to 505 thousand while single-family permits advanced 0.8 percent to 882 thousand, its highest level since February last year. Across regions, permits were down in the Northeast (-25.7 percent to 113 thousand); the Midwest (-5.9 percent to 176 thousand) and the South (-2.9 percent to 732 thousand), but increased in the West (10.2 percent to 366 thousand). Permits for August were revised to 1,425 thousand, the highest level since May 2007, from 1,419 thousand.








2019-10-17T12:35:00"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyDXY decreased to a 4-week low of 97.8982019-10-17T08:43:21.447
US Mortgage Applications Rise for 3rd Week: MBA,Mortgage Applications,"US Mortgage Applications Rise for 3rd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States increased 0.5 percent in the week ended October 11th 2019, following a 5.4 percent gain in the previous week, data from the Mortgage Bankers Association showed. Refinance applications rose 3.6 percent while applications to purchase a home dropped 4.1 percent. The average fixed 30-year mortgage rate went up by 2bps to 3.92 percent.2019-10-16T11:02:00"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyDXY decreased to a 4-week low of 98.1412019-10-16T06:15:43.43
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketNASDAQ 100 increased to a 4-week high of 79512019-10-15T17:45:57.617
JPMorgan Chase earnings at 2.68 USD,Earnings,JPMorgan Chase earnings at 2.68 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 2.68 USD.2019-10-15T11:22:05.893
Johnson & Johnson earnings at 2.12 USD,Earnings,Johnson & Johnson earnings at 2.12 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.12 USD.2019-10-15T11:21:59.833
US NY State Manufacturing Growth Beats Estimates,NY Empire State Manufacturing Index,"US NY State Manufacturing Growth Beats EstimatesUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States rose 2 points from the previous month to +4 in October 2019, beating market expectations of +1. New orders increased slightly and shipments picked up. In addition, employment levels and hours worked both advanced modestly. Meantime, delivery times dropped, while inventories were little changed. On the price front, both input and selling prices went up at a softer pace. Indexes assessing the six-month outlook indicated that optimism about future conditions improved somewhat, still remaining subdued. Results for the October Empire Survey was released on October 14, instead of October 15, as scheduled due to technical difficulties.2019-10-15T09:56:00"
US Stocks Rally on Trade Optimism; Dow Above 300 Pts,Stock Market,"US Stocks Rally on Trade Optimism; Dow Above 300 PtsUnited States Stock MarketWall Street opened in the green on Friday, as investors await developments from the second day of trade talks, with US President Trump and Chinese Vice Premier Liu He meeting later in the day. Optimism that a trade deal could be reached between the world's largest economies after US President Trump said on Thursday that talks between Washington and Beijing were going “really well” lifted investors’ mood. Also, The New York Times reported that the two sides could announce a deal that would avoid raising tariffs on Chinese goods. The Dow Jones jumped 313 points or 1.2%; the S&P 500 rallied 35 points or 1.2%; and the Nasdaq gained 110 points or 1.4% around 8 minutes after the opening bell.2019-10-11T13:42:00"
US Imports Rise 0.5% in August,Imports,"US Imports Rise 0.5% in AugustUnited States ImportsImports to the US advanced USD 1.3 billion from a month earlier to USD 262.8 billion in August 2019. Goods imports grew USD 1.2 billion to USD 213.0 billion boosted by a USD 1.9 billion surge in shipments of capital goods which reached the highest on record. In addition, consumer goods imports were up USD 1.9 billion, led by purchases of cell phones, while industrial supplies and materials imports dropped USD 1.5 billion. Imports of services, such as insurance services, rose USD 0.1 billion to USD 49.8 billion in August. On a non seasonally adjusted basis, goods imports increased from Mexico (3.1 percent), but declined from China (-0.8 percent), Canada (-0.5 percent), the EU (-5.8 percent), Japan (-3.5 percent), and Brazil (-21.7 percent).2019-10-04T12:37:00"
US Exports Grow Just 0.2% in August,Exports,"US Exports Grow Just 0.2% in AugustUnited States ExportsExports from the US rose USD 0.5 billion from the previous month to USD 207.9 billion in August. Goods exports increased USD 0.4 billion to USD 138.6 billion, lifted by exports of industrial supplies and materials (up USD 1.5 billion) such as fuel oil and nonmonetary gold; and foods, feeds, and beverages (up USD 0.5 billion) on the back of soybeans. But capital goods exports fell USD 1.4 billion, with aircraft shipments declining USD 1.3 billion. Exports of services, including financial services and other business services, edged up USD 0.1 billion to USD 69.3 billion in August. On a non seasonally adjusted basis, goods exports increased to China (8.0 percent), Canada (8.0 percent), the EU (8.2 percent) and Brazil (4.2 percent), but fell to Japan (-5.6 percent) and Mexico (-0.2 percent).2019-10-04T12:36:00"
US Private Sector Activity Rises Marginally,Composite Pmi,"US Private Sector Activity Rises MarginallyUnited States Composite PmiThe IHS Markit US Composite PMI rose to 51 in September 2019 from 50.7 in the previous month and matching the earlier flash figure. The latest reading indicated only a slight expansion in output across the private sector, as output growth in services was the weakest for over three years (PMI at 50.9 from 50.7) while manufacturing posted the strongest rise in 5 months (PMI at 51.1 from 50.3). New orders increased at the slowest pace since data collection began ten years ago, and export orders declined further at the second-fastest rate in the series history. Also, employment was reduced amid weak demand conditions. On the price front, input prices continued to fall while output charges were broadly unchanged. Looking ahead, business confidence remained subdued across the private sector, linked to ongoing economic uncertainty.2019-10-03T13:53:00"
US Service Sector Acivity Growth Remains Subdued,Services PMI,"US Service Sector Acivity Growth Remains SubduedUnited States Services PMIThe IHS Markit US Services PMI was confirmed at 50.9 in September 2019, compared to 50.7 in the previous month, signalling one of the slowest increases in output for over three years. New business growth slipped further to the weakest level since data collection began in October 2009, as new business from abroad dropped at the fastest pace since 2014. in addition, outstanding business contracted the most since April 2014, while employment fell for the first time since February 2010, and at the sharpest rate since the end of 2009. On the price front, input costs fell for only the second time in the series history. Firms also cut their selling prices in an effort to remain competitive. Expectations towards output over the year ahead were at the second-weakest level in the series history, amid concerns surrounding ongoing business uncertainty and gloomier global economic growth projections.2019-10-03T13:51:00"
US Stocks Slump on Weak Economic Data,Stock Market,"US Stocks Slump on Weak Economic DataUnited States Stock MarketUS stocks plunged on Thursday, following a steep sell-off in the previous session, after ISM data showed non-manufacturing growth slowed to a three-year low in September. The sentiment was also hurt by President Trump announcing tariffs on $75 billion of EU goods and Tuesday data showing second consecutive contraction in manufacturing sector. The Dow Jones lost 200 points or 0.8%; while the S&P 500 slid 16 points or 0.5%; and the Nasdaq retreated 40 points or 0.5% around 10:30 AM NY time. 2019-10-03T13:44:00"
Stocks in United States Hit 4-week Low,Stock Market,Stocks in United States Hit 4-week LowUnited States Stock MarketRussell 2000 decreased to a 4-week low of 14762019-10-02T14:55:57.67
US Crude Oil Inventories Rise for 3rd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 3rd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 3.104 million barrels in the week ended September 27th 2019, following a 2.412 million gain in the previous week and compared with market expectations of a 1.567 million gain, according to EIA Petroleum Status Report. Meanwhile, gasoline inventories went down by 0.228 million barrels after rising by 0.519 million in the previous week and compared with market consensus of a 0.449 million increase.2019-10-02T14:33:00"
US MBA Mortgage Applications Rebound,Mortgage Applications,"US MBA Mortgage Applications ReboundUnited States Mortgage ApplicationsMortgage applications in the United States rose 8.1 percent in the week ended September 27th 2019, rebounding from a 10.1 percent fall in the previous month, data from the Mortgage Bankers Association showed. Refinance applications jumped 14.2 percent and applications to purchase a home increased 0.9 percent. The average fixed 30-year mortgage rate went down by 3bps to 3.99 percent.2019-10-02T11:03:00"
US Stocks Tumble on Tuesday,Stock Market,"US Stocks Tumble on TuesdayUnited States Stock MarketWall Street closed lower on Tuesday, as the ISM manufacturing index in the US fell to 47.8 in September, well below consensus of 50.1 and a new low since June 2009. Manufacturers cited the China-US trade conflict as weighing on sales. Also, violent protests in Hong Kong and a bearish manufacturing reading ini Europe took a toll on equities. On the corporate side, broker Charles Schwab announced that it is ending commissions for online trading in US stocks, ETFs and options, sending its own shares and those of rivals TD Ameritrade and E-Trade sharply down, as the sector faces increasing competition from commission-less platforms Robinhood, Interactive Brokers and JP Morgan Chase. The Dow Jones lost 344 points or 1.3%. The S&P 500 retreated 37 points or 1.2%. The Nasdaq shed 91 points or 1.1%.
2019-10-01T20:03:00"
Dollar Index Hits 28-month High,currency,Dollar Index Hits 28-month HighUnited States currencyDXY increased to a 28-month high of 99.3882019-09-30T12:13:57.05
Dow Jones traded above 27000,stock market,"Dow Jones traded above 27000United States stock marketDow Jones Industrial Average increased above 27000 on Friday September 27, 20192019-09-27T10:16:55.797"
US Crude Oil Inventories Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 2.412 million barrels in the week ended September 20th 2019, following a 1.058 million gain in the previous week and against market expectations of a 0.249 million decline, according to EIA Petroleum Status Report. Meantime, gasoline inventories went up by 0.519 million barrels after rising by 0.781 million in the previous week and compared with market consensus of a 0.296 million increase.2019-09-25T14:31:00"
US Fifth District Manufacturing Activity Index Falls,Richmond Fed Manufacturing Index,"US Fifth District Manufacturing Activity Index FallsUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia dropped to -9 in September 2019 from 1 in the previous month and compared with market forecasts of -11. Shipments (-14 from 5 in August) and new orders (-14 from 2) fell and backlogs of orders (-11 from -9) and local business conditions (-15 from -3) declined further. Firms struggled to find workers with the necessary skills, the indicator for the average workweek hit a nine-year-low (-10 from 4) while employment rebounded (3 from -6). Respondents reported that the growth of prices paid held fairly steady (2.68 from 2.69), while of prices received increased (2.59 from 1.66). Looking ahead, manufacturers expected wages and employment to continue to grow but finding workers to continue to be a struggle in the next six months and regarding prices firms expected that both prices paid and received slow in the near future.2019-09-24T14:08:00"
US House Prices Rise More than Expected: FHFA,FHFA House Price Index MoM,"US House Prices Rise More than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States advanced 0.4 percent from a month earlier in July 2019, after a 0.2 percent gain in the previous month and above market expectations of a 0.3 percent rise. Among Census divisions, increases were recorded in Mountain (1.2 percent); New England (0.8 percent); Pacific (0.5 percent); East North Central (0.4 percent); East South Central (0.3 percent); South Atlantic (0.2 percent); West South Central (0.2 percent); West North Central (0.2 percent); and in the Middle Atlantic (0.1 percent). Year-on-year, house prices went up 5 percent.2019-09-24T13:06:00"
US Private Sector Activity Beats Forecasts,Composite Pmi,"US Private Sector Activity Beats ForecastsUnited States Composite PmiThe IHS Markit US Composite PMI rose to 51 in September 2019 from 50.7 in the previous month and beating market forecasts of 49.6, a flash estimate showed. The reading pointed to a stronger expansion in the private sector, as both manufacturing output (PMI at 51 vs 50.3 in August) and services activity (PMI at 50.9 vs 50.7 in August) increased. Output advanced to a 5-month high while new business growth rose at the softest pace since series began in October 2009. Backlogs of work dropped sharply, suggesting a lack of pressure on business capacity. Also, firms cut back on staff hiring amid subdued demand conditions, the private sector payroll numbers declined for the first time since January 2010. On the price front, input costs went down for the second consecutive month due to lower average cost burdens across the service economy and output prices were broadly unchanged. Finally, sentiment rose slightly from a seven-year low in August. 2019-09-23T13:50:00"
Stocks in United States Hit 7-week High,Stock Market,Stocks in United States Hit 7-week HighUnited States Stock MarketS&P 500 increased to a 7-week high of 30212019-09-19T14:34:29.517
US Crude Oil Stocks Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly Rise United States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 1.058 million barrels in the week ended September 13th 2019, after a 6.912 million drop in the previous week and against market expectations of a 2.496 million decline, according to EIA Petroleum Status Report. Meantime, gasoline inventories edged up 0.781 million barrels, recovering from a 0.682 million decrease.2019-09-18T14:32:00"
US Stocks Fall Ahead of Fed Decision,Stock Market,"US Stocks Fall Ahead of Fed DecisionUnited States Stock MarketUS stocks fell on Wednesday ahead of the Fed's monetary policy announcement later in the day. Policymakers will probably cut interest rates by 25bps for the second time in a decade, due to ongoing growth concerns and muted inflation pressures. Investors will also await the publication of the FOMC’s latest forecasts for GDP, inflation and the funds rate. The Dow Jones slid 75 points, or 0.3%; the S&P 500 dropped 9 points, or 0.3; and the Nasdaq lost 23 points, or 0.3%, around 10 minutes after the opening bell.2019-09-18T13:39:00"
US MBA Mortgage Applications Fall in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States declined 0.1 percent in the week ended September 13th 2019, after a 2 percent gain in the previous week, data from the Mortgage Bankers Association showed. Refinance applications dropped 4.3 percent while applications to purchase a home rose 6.4 percent. The average fixed 30-year mortgage rate jumped by 19bps to 4.01 percent.2019-09-18T11:02:08.623"
Fed Expected to Cut Rates,Interest Rate,"Fed Expected to Cut RatesUnited States Interest RateThe Federal Reserve is expected to lower the federal funds rate by 25 basis points to 1.75-2.00 percent during today's meeting, the second rate cut since the financial crisis amid concerns about the economic outlook caused by ongoing trade tensions with China. Investors will also closely monitor the press conference by Fed Chairman Jerome Powell for a clues of further monetary policy easing.2019-09-18T10:15:00"
Stocks in United States Hit 6-week High,Stock Market,Stocks in United States Hit 6-week HighUnited States Stock MarketRussell 2000 increased to a 6-week high of 15902019-09-16T15:28:59.083
US 10Y Bond Yield Hits 6-week High,Government Bond 10Y,US 10Y Bond Yield Hits 6-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 6-week high of 1.8853%2019-09-13T16:50:39.453
Stocks in United States Hit 6-week High,Stock Market,Stocks in United States Hit 6-week HighUnited States Stock MarketRussell 2000 increased to a 6-week high of 15872019-09-13T13:56:36.88
US Stocks Extend Gains on Thursday,Stock Market,"US Stocks Extend Gains on ThursdayUnited States Stock MarketWall Street closed higher on Thursday, as optimism was boosted by news of progress and goodwill in trade negotiations between the US and China and by the ECB’s efforts to fight recession risks with a rate cut and more bond-buying. Domestic news were not so positive for stimulus bets, as US core inflation accelerated by more than forecast on rising health-care bills ahead of next week’s Fed monetary policy decision. On the commodities front, oil prices declined 1.5% on OPEC+ talks. The Dow Jones gained 45 points or 0.2%. The S&P 500 gained 9 points or 0.3%. The Nasdaq added 25 points or 0.3%.2019-09-12T20:05:00"
Stocks in United States Hit 5-week High,Stock Market,Stocks in United States Hit 5-week HighUnited States Stock MarketNASDAQ 100 increased to a 5-week high of 78802019-09-11T16:01:20.24
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 6.912 million barrels in the week ended September 6th 2019, following a 4.771 million drop in the previous period and against market expectations of a 2.686 million decrease. Meantime, gasoline inventories went down by 0.682 million barrels after falling by 2.396 million in the previous week and compared with market consensus of a 0.847 million decrease.2019-09-11T14:31:00"
Stocks in United States Hit 5-week High,Stock Market,Stocks in United States Hit 5-week HighUnited States Stock MarketDow Jones increased to a 5-week high of 269362019-09-11T13:30:03.367
US Weekly Mortgage Applications Rebound,Mortgage Applications,"US Weekly Mortgage Applications ReboundUnited States Mortgage ApplicationsTotal mortgage application volume in the US rose 2 percent in the week ended September 6th, following three consecutive weeks of declines, data from the Mortgage Bankers Association showed. Mortgage applications to purchase a home rose 5 percent while applications to refinance a home loan were up just 0.4 percent. The average rate on the 30-year fixed decreased to 3.82 percent from 3.87 percent.2019-09-11T11:23:08.92"
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-week high of 1.7195%2019-09-11T05:06:07.03
US Stocks Close Mixed on Tuesday,Stock Market,"US Stocks Close Mixed on Tuesday United States Stock MarketWall Street closed little changed on Tuesday, as investors wait for the ECB’s policy decisions on Thursday and the Fed’s and BoE’s next week. On the commodities front, oil fell moderately after US President Donald Trump fired national security adviser John Bolton, and gold extended its decline for the fourth session on stimulus hopes. Abroad, British Prime Minister Boris Johnson insisted he won’t ask for another Brexit delay, while China removed more hurdles for foreign investment into its capital markets, as global funds no longer need approval to purchase Chinese stocks and bonds. The Dow Jones gained 74 point or 0.3%. The S&P 500 edged up 1 point or less than 0.1%. In contrast, the Nasdaq lost 3 points or less than 0.1%.2019-09-10T20:07:00"
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-week high of 1.7143%2019-09-10T19:36:15.263
Stocks in United States Hit 5-week High,Stock Market,Stocks in United States Hit 5-week HighUnited States Stock MarketRussell 2000 increased to a 5-week high of 15342019-09-10T16:04:30.113
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketRussell 2000 increased to a 4-week high of 15242019-09-09T16:18:42.647
US Wages Grow the Most in 6 Months,Average Hourly Earnings,"US Wages Grow the Most in 6 MonthsUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 11 cents or 0.4 percent month-over-month to $28.11 in August 2019, after increasing 0.3 percent in July and slightly above market expectations of a 0.3 percent gain. It was the largest rise in wages since February. Year-on-year, average hourly earnings dropped to 3.2 percent from 3.3 percent in the prior month. In August, average hourly earnings of private-sector production and nonsupervisory employees rose by 11 cents to $23.59.


2019-09-06T12:34:00"
US Crude Oil Inventories Fall for 3rd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 3rd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States decreased by 4.771 million barrels in the week ended August 30th of 2019, after a 10.027 million plunge in the previous week and compared with market expectations of a 2.488 million drop. Meanwhile, gasoline inventories fell 2.396 million, following a 2.09 million fall in the prior week and against market consensus of a 1.523 million drop.2019-09-05T15:01:20.543"
Stocks in United States Hit 5-week High,Stock Market,Stocks in United States Hit 5-week HighUnited States Stock MarketNASDAQ 100 increased to a 5-week high of 78022019-09-05T13:30:04.01
US Labour Productivity Beats Forecasts in Q2,Productivity,"US Labour Productivity Beats Forecasts in Q2United States ProductivityLabor productivity in the US non-farm business sector increased by an annualized 2.3 percent during the second quarter of 2019, matching a preliminary estimate and following a 3.5 percent gain in the previous three-month period. Figures came above market expectations of 2.2 percent. Output rose 1.9 percent and hours worked dropped 0.4 percent, the biggest decline since the third quarter of 2009. Year-on-year, productivity went up 1.8 percent, reflecting a 2.6 percent rise in output and a 0.9 percent increase in hours worked.      2019-09-05T12:32:00"
US Job Cuts Rise 39% YoY in August: Challenger,Challenger Job Cuts,"US Job Cuts Rise 39% YoY in August: ChallengerUnited States Challenger Job CutsUS-based employers announced plans to cut 53,480 jobs from their payrolls in August 2019, up 39 percent from 38,472 in the corresponding month of the previous year. Technology led all sectors in August, with 15,355 announced cuts, including 488 cuts from Cisco. The Government, both state and federal, announced 5,785 cuts and health care companies announced 5,040. Meanwhile, industrial goods manufacturing announced 3,822 cuts, transportation companies 3,554, and food companies 3,010. So far this year, employers have announced plans to cut 423,312 jobs from their payrolls, a 36.2 percent rise from the 310,773 cuts in the first eight months of 2018. It is the highest eight-month total since 2015, when 434,554 cuts were announced. 2019-09-05T11:32:00"
US Imports Edge Down in July,Imports,"US Imports Edge Down in JulyUnited States ImportsImports of goods and services to the US decreased 0.1 percent, or USD 0.4 billion, from the previous month to USD 261.4 billion in July of 2019. Goods imports decreased USD 0.4 billion to USD 211.8 billion, mainly due to lower purchases of computers (down USD 1.4 billion). On the other hand, imports increased for industrial supplies and materials (up USD 0.9 billion) and other petroleum products (up USD 1.0 billion). Also, imports of services increased USD 0.1 billion to USD 49.6 billion, such as insurance services (up USD 0.1 billion) and other business services (up USD 0.1 billion) while those of transport fell USD 0.1 billion. On a non seasonally adjusted basis, goods imports decreased from Canada (-3.2 percent) and Mexico (-1.3 percent), but were up from China (6.4 percent), the EU (11.0 percent), Japan (8.3 percent), and Brazil (17.5 percent).2019-09-04T12:34:00"
US Exports Rise 0.6% MoM in July,Exports,"US Exports Rise 0.6% MoM in JulyUnited States ExportsExports of goods and services from the US increased 0.6 percent, or USD 1.2 billion, from the previous month to USD 207.4 billion in July of 2019. Goods exports increased USD 1.2 billion to USD 138.2 billion, boosted by sales of pharmaceutical preparations (up USD 1.2 billion); capital goods (up USD 0.8 billion) and automotive vehicles, parts, and engines (up USD 0.6 billion). On the other hand, exports of services decreased USD 0.1 billion to USD 69.2 billion, namely transport (down USD 0.1 billion) and charges for the use of intellectual property (down USD 0.1 billion) while other business services, which includes research and development services; professional and management services; and technical, trade-related, and other services, increased USD 0.1 billion. On a non seasonally adjusted basis, goods exports increased to Mexico (7.1 percent) and Japan (5.9 percent), but fell to China (-3.3 percent), the EU (-5.7 percent), Canada (-6.1 percent), and Brazil (-7.9 percent).2019-09-04T12:33:00"
US MBA Mortgage Applications Fall for 3rd Week,Mortgage Applications,"US MBA Mortgage Applications Fall for 3rd WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 3.1 percent in the week ended August 30th, following a 6.2 percent decline in the previous week, data from the Mortgage Bankers Association showed. Refinance applications dropped 7.0 percent while applications to purchase a home rose 3.6 percent. The average fixed 30-year mortgage rate went down by 7bps to 3.87 percent.2019-09-04T11:04:32.157"
Dollar Index Hits 27-month High,currency,Dollar Index Hits 27-month HighUnited States currencyDXY increased to a 27-month high of 98.9372019-08-30T17:27:28.77
US Stocks Extend Gains on Trade Optimism,Stock Market,"US Stocks Extend Gains on Trade OptimismUnited States Stock MarketUS stocks rose on Friday on hopes that a US-China trade deal could be reached after Beijing said that the country's negotiators are maintaining ""effective communication"" on trade. The Dow Jones gained 122 points, or 0.5%; the S&P 500 advanced 13 points, or 0.4%; and the Nasdaq added 27 points, or 0.3% around 30 minutes after the opening bell.2019-08-30T13:30:00"
Dollar Index Hits 4-week High,currency,Dollar Index Hits 4-week HighUnited States currencyDXY increased to a 4-week high of 98.452019-08-29T15:54:36.65
US Crude Oil Inventories Fall for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States slumped by 10.027 million barrels in the week ended August 23rd of 2019, following a 2.7 million decrease in the previous week and compared with market expectations of a 2.112 million decline. Meanwhile, gasoline inventories fell 2.09 million, after a 0.31 million rise in the prior week and against market consensus of a 0.388 million decline.2019-08-28T14:32:00"
US MBA Mortgage Applications Fall the Most in 18 Weeks,Mortgage Applications,"US MBA Mortgage Applications Fall the Most in 18 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States declined 6.2 percent in the week ended August 23rd 2019, after a 0.9 percent fall in the previous week, data from the Mortgage Bankers Association showed. It was the biggest decline since the week ended April 19th. Refinance applications decreased 7.6 percent and applications to purchase a home dropped 4.0 percent. The average fixed 30-year mortgage rate went up by 4bps to 3.94 percent.2019-08-28T11:01:00"
US Stocks Rise on Trade Optimism,Stock Market,"US Stocks Rise on Trade OptimismUnited States Stock MarketUS stocks extended gains on Tuesday morning after closing firmly higher on Monday following President Donald Trump said that encouraging phone calls from China on Sunday had reopened the door to trade negotiations. Meanwhile, Chinese Foreign Ministry spokesman Geng Shuang denied knowledge of any such calls. The Dow Jones added 73 points, or 0.3%; the S&P 500 rose 10 points, or 0.3%; and the Nasdaq advanced 32 points, or 0.4% around 10:30 EDT.
2019-08-27T14:26:00"
US House Prices Rise 0.2% MoM in June,FHFA House Price Index MoM,"US House Prices Rise 0.2% MoM in JuneUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States went up 0.2 percent from a month earlier in June of 2019, the same pace as in the previous month and matching market expectations. Among Census divisions, increases were seen in the West South Central (1.1 percent); East South Central (0.6 percent); Pacific (0.2 percent); Mountain (0.1 percent) and West North Central (0.1 percent). In contrast, house prices dropped in New England (-0.6 percent); Middle Atlantic (-0.3 percent) and East North Central (-0.1 percent) while were flat in the South Atlantic. Year-on-year, house prices rose 4.8 percent, following an upwardly revised 5.2 percent gain in the prior month. In the second quarter of the year, house prices grew by 5.0 percent over a year ago and by 1.0 percent from the previous quarter.


 2019-08-27T13:03:00"
US Durable Goods Orders Rise More than Expected,Durable Goods Orders,"US Durable Goods Orders Rise More than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods rose 2.1 percent from a month earlier in July 2019, the most since August last year, following a downwardly revised 1.8 percent gain and beating market expectations of a 1.2 percent increase. Transportation equipment, up for two consecutive months, drove the increase. Meanwhile, demand for machinery declined.2019-08-26T12:32:00"
US 10Y Bond Yield Hits 3-year Low,Government Bond 10Y,US 10Y Bond Yield Hits 3-year Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 3-year low of 1.4644%2019-08-26T04:48:16.957
US Stocks Fall as China Unveils Retaliatory Tariffs,Stock Market,"US Stocks Fall as China Unveils Retaliatory Tariffs United States Stock MarketUS stocks plunged on Friday on renewed trade tensions after Beijing announced it will impose additional tariffs on US imports worth about $75 billion in response to the recent US tariff hikes on Chinese goods. The tariffs, which are set to take effect on September 1st and December 15th, would apply to a total of 5,078 products originating from the US, including agricultural products, crude oil, small aircraft and cars. The Dow Jones dropped nearly 100 points, or 0.4%; the S&P 500 lost 13 points, or 0.5%; and the Nasdaq slid 45 points, or 0.6%, few minutes after the opening bell.2019-08-23T12:29:00"
US Stocks Close Mixed Ahead of Powell Speech,Stock Market,"US Stocks Close Mixed Ahead of Powell SpeechUnited States Stock MarketUS stocks ended a volatile session mixed on Thursday as investors remain cautious ahead of Fed Chairman Jerome Powell's speech at the central bank’s annual Jackson Hole symposium on Friday. Kansas City Fed President Esther George said in an interview with Bloomberg TV that she would be happy to leave rates at their current levels, while Philadelphia Fed President Patrick Harker said he does not see the need for another rate cut. Meanwhile, PMI data for August pointed to the first contraction in the US manufacturing sector in nearly a decade. The Dow Jones rose 50 points, or 0.2%, to 26,252; while the S&P 500 lost 1 point, or less than 0.1%, to 2,923; and the Nasdaq fell 29 points, or 0.4%; to 7,991.2019-08-22T20:00:00"
Fed Policymakers Saw July Cut as Mid-Cycle Adjustment,Interest Rate,"Fed Policymakers Saw July Cut as Mid-Cycle AdjustmentUnited States Interest RateFed officials viewed their interest-rate cut as an adjustment that would help counter the effects on the outlook of weak global growth and trade policy uncertainty while promoting a faster return of inflation to the central bank's target, minutes of the July meeting showed. Policymakers also noted that further policy action would be guided by incoming information and its implications for the economic outlook and that any appearance of following a preset course should be avoided.2019-08-21T18:29:00"
US Stocks Trade Higher after Volatile Week,Stock Market,"US Stocks Trade Higher after Volatile WeekUnited States Stock MarketUS stocks rose on Friday despite trade uncertainty and global growth worries, with shares of Intel, Walgreens Boots, Caterpillar, IBM and Cisco among the best performers. The Dow Jones climbed 157 points, or 0.6%; the S&P 500 advanced 24 points, or 0.9%; and the Nasdaq jumped 85 points, or 1.1% around 15 minutes after the opening bell.2019-08-16T13:45:00"
US Crude Oil Inventories Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 1.580 million barrels in the week ended August 9th 2019, following a 2.385 million jump in the previous week and against market expectations of a 2.775 million decrease. Meanwhile, gasoline inventories dropped 1.412 million, after a 4.437 million rise in the prior week and against market consensus of a 0.025 million gain.2019-08-14T14:32:00"
US Crude Oil Stocks Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly Rise United States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 2.385 million barrels in the week ended August 2nd 2019, up from an 8.496 million drop in the previous week and against market expectations of a 2.845 million decline. Meanwhile, gasoline inventories went up 4.437 million, after a 1.791 million fall in the prior week and against market consensus of a 0.722 million drop.2019-08-07T14:33:00"
US Stocks Tumble on Global Growth Concerns,Stock Market,"US Stocks Tumble on Global Growth ConcernsUnited States Stock MarketUS stocks plunged on Wednesday, as Treasuries rallied amid heightened global growth concerns, pushing the yield on the 10-year benchmark note to its lowest level since October 2016. The sell-off in US stocks follows bigger-than-expected rate cuts by central banks in New Zealand and India and an unexpected easing by Thailand's central bank, as well as disappointing manufacturing data from Germany. The Dow Jones dropped 310 points, or 1.2%, to 25,719; the S&P 500 slid 25 points, or 0.9%, to 2,857; and the Nasdaq lost 38 points, or 0.5%, to 7,796 around 12 PM EDT.2019-08-07T13:45:00"
US Composite PMI Revised Higher: Markit,Composite Pmi,US Composite PMI Revised Higher: MarkitUnited States Composite PmiThe IHS Markit Composite PMI was revised higher to 52.6 in July 2019 from a preliminary estimate of 51.6 in the previous month and compared to June's final reading of 51.5. Services activity output increased at a faster pace (PMI at 53.0 from 51.5) while manufacturing expansion was the weakest since September 2009 (PMI at 50.4 from 50.6).2019-08-05T13:56:00
US Services PMI Revised Higher: Markit,Services PMI,"US Services PMI Revised Higher: MarkitUnited States Services PMIThe IHS Markit US Services PMI increased to 53 in July of 2019 from 51.5 in the previous month and above preliminary estimates of 52.2. It is the fastest pace of expansion in services since April. New orders increased at the quickest rate since March and new business from abroad grew at the strongest pace for five months, while the rate of job creation was only moderate overall. Meanwhile, inflationary pressures were historically subdued in July, with rates of both input price and output charge inflation easing. Finally, positive sentiment towards output slipped to a new series record low.2019-08-05T13:48:00"
Exxon Mobil earnings at 0.73 USD,Earnings,Exxon Mobil earnings at 0.73 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 0.73 USD.2019-08-02T16:10:13.997
Stocks in United States Hit 5-week Low,Stock Market,Stocks in United States Hit 5-week LowUnited States Stock MarketRussell 2000 decreased to a 5-week low of 15392019-08-02T14:00:01.623
Stocks in United States Hit 4-week Low,Stock Market,Stocks in United States Hit 4-week LowUnited States Stock MarketNASDAQ 100 decreased to a 4-week low of 77462019-08-02T13:30:07.277
US Imports Fall 1.7% in June,Imports,"US Imports Fall 1.7% in JuneUnited States ImportsImports to the US declined USD 4.6 billion from the previous month to USD 261.5 billion in June 2019. Goods imports plunged USD 4.7 billion to USD 212.3 billion due to purchases of industrial supplies and materials (down USD 3.2 billion), in particular crude oil, other petroleum products, and fuel oil; and consumer goods (down USD 0.9 billion) led by cell phones and other household goods. Imports of services were up USD 0.1 billion to USD 49.2 billion in June. On a non seasonally adjusted basis, goods imports decreased from all main partners: China (-0.7 percent), Canada (-5.2 percent), Mexico (-4.9 percent), the EU (-9.0 percent), Japan (-0.6 percent), and Brazil (-14.4 percent).2019-08-02T12:36:00"
US Exports Slump 2.1% in June,Exports,"US Exports Slump 2.1% in JuneUnited States ExportsExports from the US dropped USD 4.4 billion from the previous month to USD 206.3 billion in June 2019. Goods exports declined USD 3.9 billion to USD 137.1 billion, due to lower sales of consumer goods (down USD 1.9 billion) such as gem diamonds, pharmaceutical preparations, and jewelry; capital goods (down USD 1.2 billion), including computer accessories, other industrial machinery, and telecommunications equipment; and automotive vehicles, parts, and engines (down USD 0.5 billion) on the back of passenger cars. Exports of services, including travel and transport, decreased USD 0.5 billion to USD 69.2 billion in June. On a non seasonally adjusted basis, goods exports fell to China (-0.4 percent), Mexico (-8.0 percent), Japan (-6.6 percent), the EU (-3.3 percent), and Canada (-5.1 percent).2019-08-02T12:35:00"
US 10Y Bond Yield Hits 32-month Low,Government Bond 10Y,US 10Y Bond Yield Hits 32-month Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 32-month low of 1.8798%2019-08-02T03:29:00.237
US Stocks Tumble as Trump Announces New Tariffs,Stock Market,"US Stocks Tumble as Trump Announces New TariffsUnited States Stock MarketUS stocks reversed early gains and plunged on Thursday afternoon after President Donald Trump announced the US will be imposing 10% tariffs on $300 billion of Chinese goods starting September 1st, despite ongoing trade talks between the countries. The Dow Jones fell 0.7% to 26,676; the S&P 500 decreased 0.9% to 2,955; and the Nasdaq went down 0.9% to 8,110 around 2PM EDT.2019-08-01T18:06:00"
Stocks in United States Hit 4-week Low,Stock Market,Stocks in United States Hit 4-week LowUnited States Stock MarketS&P 500 decreased to a 4-week low of 29582019-08-01T17:54:27.377
US 10-Year Treasury Yield Slides Below 2%,Government Bond 10Y,"US 10-Year Treasury Yield Slides Below 2%United States Government Bond 10YThe 10-year US Treasury note yield fell below 2% on Thursday, after week economic data from the ISM showed US manufacturing sector expanded at the weakest pace since August 2016. This comes after Fed Chair Powell said on Wednesday that the Federal Reserve is not expected to start a new monetary cycle. 2019-08-01T16:23:00"
US Crude Oil Inventories Fall for 7th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 7th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States decreased by 8.496 million barrels in the week ended July 26th of 2019, after a 10.835 million plunge in the previous week and compared with market expectations of a 2.588 million drop. Meantime, gasoline inventories fell 1.791 million, higher than a 0.226 million decrease in the prior week and missing market consensus of a 2.167 million decline.2019-07-31T14:32:00"
Apple earnings at 2.18 USD,Earnings,Apple earnings at 2.18 USDUnited States EarningsApple (AAPL) released earnings per share at 2.18 USD.2019-07-31T12:01:40.44
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketRussell 2000 increased to a 4-week high of 15822019-07-30T18:29:05.22
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 30202019-07-26T15:17:10.223
US Government Debt Yields Rally after GDP Data,Government Bond 10Y,"US Government Debt Yields Rally after GDP DataUnited States Government Bond 10YUS Treasury yields rose sharply on Friday, after the advance estimate of US second-quarter GDP growth came in stronger than expected. The 10-year Treasury note climbed to 2.091%, the 30-year note yield advanced to 2.607%, while the yield on the 2-year note went up to 2.884%. 2019-07-26T13:01:00"
US Stock Futures Inch Higher Ahead of GDP Data,Stock Market,"US Stock Futures Inch Higher Ahead of GDP DataUnited States Stock MarketUS equity futures rose on Friday morning, led by Alphabet and Intel shares after both companies reported stronger-than-expected earnings results, while Amazon stocks fell after its results came in below forecasts. Investors await the advance estimate of second-quarter GDP growth later in the day and look ahead to Federal Reserve's monetary policy meeting next week. The Dow Jones advanced 0.2%, the S&P 500 gained 0.4% and the Nasdaq 100 rose 0.9% around 7AM EDT.2019-07-26T10:50:00"
Dollar Index Hits 8-week High,currency,Dollar Index Hits 8-week HighUnited States currencyDXY increased to a 8-week high of 97.922019-07-26T10:30:40.77
Amazon earnings at 5.22 USD,Earnings,Amazon earnings at 5.22 USDUnited States EarningsAmazon (AMZN) released earnings per share at 5.22 USD.2019-07-26T07:29:23.39
Alphabet earnings at 14.21 USD,Earnings,Alphabet earnings at 14.21 USDUnited States EarningsAlphabet (GOOGL) released earnings per share at 14.21 USD.2019-07-25T20:38:51.007
Dollar Index Hits 7-week High,currency,Dollar Index Hits 7-week HighUnited States currencyDXY increased to a 7-week high of 97.8122019-07-25T11:51:43.21
Facebook earnings at 1.99 USD,Earnings,Facebook earnings at 1.99 USDUnited States EarningsFacebook (FB) released earnings per share at 1.99 USD.2019-07-24T20:38:54.803
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketS&P 500 increased to an all-time high of 30182019-07-24T19:33:17.48
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States decreased by 10.835 million barrels in the week ended July 19th of 2019, following a 3.116 plunge in the previous week and above market expectations of a 4.011 million fall, according to EIA Petroleum Status Report. It was the sixth straight weekly decline in crude oil inventories. Meanwhile, gasoline inventories dropped 0.226 million, after a 3.565 million gain in the prior week and missing market consensus of a 0.730 million decrease.2019-07-24T14:32:00"
Nasdaq 100 Hits Record High,Stock Market,"Nasdaq 100 Hits Record HighUnited States Stock MarketThe Nasdaq 100 hit an all-time high of 7,970 on Wednesday morning, led by chipmaker stocks after Texas Instruments reported better-than-expected quarterly results.2019-07-24T14:32:00"
US Mortgage Applications Fall for 4th Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 4th Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States dropped 1.9 percent in the week ended July 19th 2019, following a 1.1 percent fall in the previous week, data from the Mortgage Bankers Association showed. Refinance applications decreased 2.1 percent and applications to purchase a home declined 1.6 percent. The average fixed 30-year mortgage rate went down by 4bps to 4.08 percent.2019-07-24T11:03:54.727"
Dollar Index Hits 7-week High,currency,Dollar Index Hits 7-week HighUnited States currencyDXY increased to a 7-week high of 97.7952019-07-24T07:30:04.283
US Fifth District Manufacturing Activity at 6-1/2-Year Low,Richmond Fed Manufacturing Index,"US Fifth District Manufacturing Activity at 6-1/2-Year LowUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to -12 in July 2019 from a downwardly revised 2 in the previous month and well below market expectations of 5. It was the lowest reading since January 2013, as shipments (-13 from 5 in June), new orders (-18 from -2) and employment (-3 from 4) dropped. Also, backlogs of orders declined to its lowest since April 2009 (-26 from -3), and local business conditions went down to -18 from 7, its largest one month drop on record. Additionally, raw materials (22 from 25) and finished goods (17 from 19) rose at a softer pace. On the price front, price pressures accelerated for both paid (3.04 from 1.89) and received (2.49 from 1.88). Firms were optimistic that conditions would improve in the coming months.2019-07-23T14:02:00"
US Stocks Boosted by Earnings,Stock Market,"US Stocks Boosted by EarningsUnited States Stock MarketUS stocks rose on Tuesday buoyed by stronger-than-forecast quarterly earnings from Coca-Cola, United Technologies, Lockheed Martin and Biogen, while investors await updated results from Visa, Chipotle and Snap. The Dow Jones gained 0.3% to 27,262; the S&P 500 advanced 0.3% to 2,994; and the Nasdaq traded 0.3% higher at 8,225 around 10 minutes after the opening bell.2019-07-23T13:43:00"
Dollar Index Hits 5-week High,currency,Dollar Index Hits 5-week HighUnited States currencyDXY increased to a 5-week high of 97.6872019-07-23T13:39:19.38
Microsoft earnings at 1.37 USD,Earnings,Microsoft earnings at 1.37 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 1.37 USD.2019-07-18T20:38:26.983
US Mortgage Applications Fall for 3rd Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 3rd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States fell 1.1 percent in the week ended July 12th 2019, after a 2.4 percent decline in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home dropped 3.8 percent while refinance applications rose 1.5 percent. The average fixed 30-year mortgage rate went up by 8bps to 4.12 percent.2019-07-17T11:03:13.63"
JPMorgan Chase earnings at 2.82 USD,Earnings,JPMorgan Chase earnings at 2.82 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 2.82 USD.2019-07-16T11:04:43.3
Johnson & Johnson earnings at 2.58 USD,Earnings,Johnson & Johnson earnings at 2.58 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.58 USD.2019-07-16T11:04:24.117
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 273432019-07-15T13:30:07.66
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketNASDAQ 100 increased to an all-time high of 79352019-07-12T16:52:06.01
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-week high of 2.1306%2019-07-12T11:32:41.647
The Dow Jones Index went up by 0.80%,Stock Market,"The Dow Jones Index went up by 0.80%United States Stock MarketUnited States Stock Market gained 215 points. Gains were led by UnitedHealth (5.52%), Goldman Sachs (2.64%) and Boeing (1.90%). Biggest losers were Merck & Co (-4.60%), Pfizer (-2.56%) and Johnson & Johnson (-0.90%).2019-07-11T20:30:04.527"
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-week high of 2.1326%2019-07-11T17:36:41.113
US Core Consumer Prices Rise the Most in 1-1/2 Years,Core Inflation Rate MoM,"US Core Consumer Prices Rise the Most in 1-1/2 YearsUnited States Core Inflation Rate MoMUS core consumer prices, which exclude volatile items such as food and energy, increased 0.3 percent from a month earlier in June 2019, the largest increase since January 2018. Upward pressure came from shelter, used cars and trucks, and apparel, the indexes for household furnishings and operations, medical care, and motor vehicle insurance; while declines were seen in recreation, airline fares, and personal care.2019-07-11T12:34:00"
S&P 500 Rises Above 3000 for 1st Time,Stock Market,S&P 500 Rises Above 3000 for 1st TimeUnited States Stock MarketThe S&P 500 surged above 3000 on Wednesday as Fed Chairman Powell delivers testimony on monetary policy amid expectations of a Fed rate cut later this month.2019-07-10T14:17:00
The Dow Jones Index increasing 0.50%,Stock Market,"The Dow Jones Index increasing 0.50%United States Stock MarketUnited States Stock Market is up by 133 points. The rise is driven by American Express (1.64%), Chevron (1.57%) and Visa (1.26%). Biggest losses came from Home Depot (-1.04%), Johnson & Johnson (-0.18%) and Caterpillar (-0.04%).2019-07-10T13:45:03.937"
US Consumer Credit Beats Expectations,Consumer Credit,"US Consumer Credit Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 17.09 billion in May 2019, following a downwardly revised USD 17.46 billion gain in the previous month and above market expectations of a USD 16.65 billion rise. Revolving credit including credit card borrowing climbed by USD 7.2 billion, after a USD 7 billion increase in April. Meantime, non-revolving credit including loans for education and automobiles jumped by USD 9.9 billion, after a USD 10.5 billion increase in the prior month. Year-on-year, consumer credit went up 5 percent, easing from a 5.2 percent rise in April, as revolving credit went up 8.2 percent and non-revolving credit 3.9 percent.2019-07-08T19:04:00"
The Dow Jones Index falling 0.59%,Stock Market,"The Dow Jones Index falling 0.59%United States Stock MarketUnited States Stock Market is dropping 159 points. Leading the losses are Apple (-2.31%), General Electric (-2.29%) and Intel (-1.91%). Top gainers were Procter & Gamble (0.54%), McDonalds (0.37%) and Walmart (0.03%).2019-07-08T13:45:03.137"
US Economy Adds 224K Jobs in June,Nonfarm Payrolls Private,"US Economy Adds 224K Jobs in June United States Nonfarm Payrolls PrivateNonfarm payrolls in the US increased by 224 thousand in June 2019, following a downwardly revised 72 thousand rise in May and beating market expectations of 160 thousand. Notable job gains occurred in professional and business services, in health care, and in transportation and warehousing.2019-07-05T12:32:00"
US Wages Growth Misses Estimates,Average Hourly Earnings,"US Wages Growth Misses EstimatesUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls increased by 6 cents, or 0.2 percent, to USD 27.90 in June 2019, after an upwardly revised 0.3 percent rise in the prior month and missing market expectations of a 0.3 percent gain. That left the annual increase in wages at 3.1 percent, the same pace as in a month earlier and below market expectations of a 3.2 percent rise. Average hourly earnings of private-sector production and nonsupervisory employees increased by 4 cents, or 0.2 percent, to USD 23.43 in June.

2019-07-05T12:31:00"
The Dow Jones Index went up by 0.69%,Stock Market,"The Dow Jones Index went up by 0.69%United States Stock MarketUnited States Stock Market gained 185 points. Gains were led by Procter & Gamble (2.33%), Merck & Co (1.63%) and McDonalds (1.54%). Biggest losers were JPMorgan Chase (-0.86%), Boeing (0.09%) and Caterpillar (-0.19%).2019-07-03T20:30:03.743"
US Services PMI Revised Higher: Markit,Services PMI,"US Services PMI Revised Higher: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 51.5 in June 2019 from a preliminary estimate of 50.7. Still, the latest reading indicated only a marginal increase in output that was the second-slowest since August 2016 (behind May). New business and new export orders from abroad rose at quicker paces, which led to a renewed rise in the level of outstanding business. Also, firms continued to expand their workforce numbers amid a tight labor market and difficulties finding skilled staff. On the price front, input cost inflation accelerated due to greater wage and fuel costs. Looking ahead, business confidence dropped to the lowest since June 2016 amid greater competition and concerns surrounding the strength of future new order growth.2019-07-03T13:50:00"
US Private Sector Growth Revised Higher,Composite Pmi,"US Private Sector Growth Revised HigherUnited States Composite PmiThe IHS Markit US Composite PMI rose to 51.5 in June of 2019 from 50.9 in the previous month and above preliminary estimates of 50.6. The expansion remained only marginal overall, despite quicker business activity growth across both the manufacturing (PMI at 50.6 from 50.5 in May) and service sectors (PMI at 51.5 from 50.9). New business quickened in June and new export orders returned to growth. Pressure on capacity increased as backlogs of work rose at the fastest pace for three months and led to a marginal rise in employment. On the price front, input prices rose at the fastest rate in three months while output charges increased at a marginal pace. Looking ahead, business confidence dipped to its lowest since July of 2012 due to uncertainty surrounding future new order growth and global trade tensions.2019-07-03T13:48:00"
US Imports Rise 3.3% MoM in May,Imports,"US Imports Rise 3.3% MoM in MayUnited States ImportsImports to the US increased USD 8.5 billion from the previous month, or 3.3 percent to USD 266.2 billion in May of 2019. Imports of goods increased USD 8.3 billion to USD 217.0 billion in May, boosted by purchases of automotive vehicles, parts, and engines (up USD 2.3 billion), namely passenger cars (up 1.5 billion); crude oil (up USD 1.3 billion); capital goods (up USD 1.6 billion); consumer goods (USD 1.4 billion) and other goods (up USD 1.0 billion). Also, imports of services increased USD 0.2 billion to USD 49.2 billion, mainly due to transport.2019-07-03T12:39:00"
US Exports Rise 2% MoM in May,Exports,"US Exports Rise 2% MoM in MayUnited States ExportsExports from the US increased USD 4.2 billion from a month earlier, or 2.0 percent to USD 210.6 billion in May of 2019. Goods exports rose USD 3.9 billion to USD 140.8 billion, mainly due to capital goods (up USD 1.4 billion), namely civilian aircraft and telecommunications equipment; consumer goods (up USD 0.8 billion), particularly gem diamonds, jewelry and pharmaceutical preparations; soybeans (up USD 0.7 billion); other goods (up USD 0.6 billion) and automotive vehicles, parts, and engines (up USD 0.6 billion).  Exports of services increased USD 0.3 billion to USD 69.8 billion, of which maintenance and repair services, travel (for all purposes including education) and transport all up USD 0.1 billion.2019-07-03T12:36:00"
US MBA Mortgage Applications Fall in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 0.1 percent in the week ended June 28th 2019, following a 1.3 percent rise in the previous month, data from the Mortgage Bankers Association showed. Refinance applications declined 1.2 percent while applications to purchase a home increased 1.1 percent. The average fixed 30-year mortgage rate went up by 1bps to 4.07 percent.2019-07-03T11:03:23.877"
New York City PMI Rebounds from 2-Year Low,Ism New York Index,"New York City PMI Rebounds from 2-Year LowUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States rose 1.4 points to 50.0 in June 2019 from the previous month's two-year low of 48.6, boosted by a pick up in employment growth (60.9 vs 54.6 in May). Still, the quantity of purchases index plunged to the lowest level since July 2009 (34.2 vs 56.6) and the current revenues index dropped to a 13-month low (43.9 vs 60.5). On the price front, price levels paid for goods and services purchased from suppliers eased to a 12-month low (57.3 vs 72.4). The Six-Month Outlook fell to 51.0 in June, the lowest level reported since May 2009, as the expected level of revenues slowed (72.6 vs 73.7).2019-07-02T14:02:00"
US Crude Oil Inventories Fall the Most Since 2016,Crude Oil Stocks Change,"US Crude Oil Inventories Fall the Most Since 2016United States Crude Oil Stocks ChangeStocks of crude oil in the United States slumped by 12.788 million barrels in the week ended June 21st of 2019, following a 3.106 million decrease in the previous week and compared with market expectations of a 2.54 million decline. It was the biggest fall in crude inventories since the week ended September 2nd of 2016. Meanwhile, gasoline inventories went down 0.996 million, less than a 1.692 million drop in the prior week and missing market consensus of a 0.288 million gain.  2019-06-26T14:33:00"
US MBA Mortgage Applications Rebound in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Rebound in Latest Week	United States Mortgage ApplicationsMortgage applications in the United States rose 1.3 percent in the week ended June 21st 2019, rebounding from a 3.4 percent fall in the previous month, data from the Mortgage Bankers Association showed. Refinance applications went up 3.2 percent while applications to purchase a home dropped 0.9 percent. The average fixed 30-year mortgage rate fell by 8bps to 4.06 percent, the lowest level since the week ended September 15th 2017.2019-06-26T11:03:00"
US Stocks Fall,Stock Market,"US Stocks Fall United States Stock MarketUS stock markets traded in the red on Tuesday as investors await a meeting between Presidents Trump and Xi Jinping later this week while consumer confidence for June came in much weaker than expected. The Dow Jones dropped 77 points, or 0.3%, to 26,651; the S&P 500 lost 8 points,or 0.3%, to 2,938; and the Nasdaq fell 34 points, or 0.4%, to 7,971 around 10:30 AM NY time.2019-06-25T14:31:00"
US House Prices Rise More than Expected: FHFA,FHFA House Price Index MoM,"US House Prices Rise More than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.4 percent from a month earlier in April 2019, following a 0.1 percent gain in the previous month and above market expectations of a 0.2 percent rise. Among Census divisions, increases in the Pacific (0.6 percent); Mountain (1.2 percent); West South Central (0.5 percent); East North Central (0.4 percent); East South Central (1.1 percent); New England (0.6 percent); and South Atlantic (0.1 percent) offset declines in the West North Central (-0.6 percent); and Middle Atlantic (-0.1 percent). Year-on-year, house prices went up 5.2 percent.2019-06-25T13:08:00"
Dollar Index Hits 13-week Low,currency,Dollar Index Hits 13-week LowUnited States currencyDXY decreased to a 13-week low of 96.4482019-06-21T16:05:08.453
Stocks in United States Hit 37-week High,Stock Market,Stocks in United States Hit 37-week HighUnited States Stock MarketDow Jones increased to a 37-week high of 267992019-06-21T14:44:17.087
The Dow Jones Index went up by 0.94%,Stock Market,"The Dow Jones Index went up by 0.94%United States Stock MarketUnited States Stock Market gained 250 points. Gains were led by General Electric (3.00%), United Technologies (2.72%) and Caterpillar (2.40%). Biggest losers were UnitedHealth (-0.85%), Merck & Co (-0.82%) and Verizon (-0.35%).2019-06-20T20:30:04.307"
US 10Y Bond Yield Hits 31-month Low,Government Bond 10Y,US 10Y Bond Yield Hits 31-month Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 31-month low of 1.9787%2019-06-20T03:07:10.127
US Stocks Flat Ahead of Fed Decision,Stock Market,"US Stocks Flat Ahead of Fed DecisionUnited States Stock MarketUS stocks traded near the flat line on Wednesday amid trade talks optimism, as investors await the Federal Reserve's policy statement due later in the day, which may suggest an interest rate cut could be delivered as early as July. The Dow Jones edged 0.1% higher, while the S&P 500 was flat and the Nasdaq lost 0.1% around 10:30 AM NY time.2019-06-19T14:35:00"
US MBA Mortgage Applications Fall in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 3.4 percent in the week ended June 14th 2019, following a 26.8 percent gain in the previous week, data from the Mortgage Bankers Association showed. Both applications to purchase a home and refinance dropped 3.5 percent. The average fixed 30-year mortgage rate went up by 2bps to 4.14 percent.2019-06-19T11:02:00"
US Building Permits Rise 0.3% in May,Building Permits,"US Building Permits Rise 0.3% in MayUnited States Building PermitsBuilding permits in the United States rose 0.3 percent from a month earlier to a seasonally adjusted annual rate of 1,269 thousand in May 2019, while markets were expecting a flat reading. It was the second consecutive monthly increase in permits, as single-family authorisations advanced 3.7 percent to 815 thousand. Meanwhile, permits for the volatile multi-family housing segment fell 5 percent to 479 thousand. Across regions, permits went up in the South (6.8 percent to 693 thousand) and West (1.8 percent to 335 thousand) while dropped in the Midwest (-8.4 percent to 174 thousand) and Northeast (-24.6 percent to 92 thousand). Permits for April were revised to 1,290 thousand from 1,296 thousand.2019-06-18T12:35:00"
US 10Y Bond Yield Hits 31-month Low,Government Bond 10Y,US 10Y Bond Yield Hits 31-month Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 31-month low of 2.0475%2019-06-18T09:31:41.667
US Crude Oil Inventories Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 2.206 million barrels in the week ended June 7th 2019, following a 6.771 million jump in the previous week and against market expectations of a 0.481 million decrease. Meanwhile, gasoline inventories went up 0.764 million, below a 3.205 million rise in the prior week and beating market consensus of a 0.743 million gain.2019-06-12T14:31:00"
US MBA Mortgage Applications Rise the Most since 2015,Mortgage Applications,"US MBA Mortgage Applications Rise the Most since 2015United States Mortgage ApplicationsMortgage applications in the United States increased 26.8 percent in the week ended June 7th 2019, following a 1.5 percent rise in the previous week, data from the Mortgage Bankers Association showed. It was the biggest gain since the week ended January 9th 2015. Refinance applications went up 46.5 percent and applications to purchase a home advanced 10 percent. The average fixed 30-year mortgage rate fell by 11bps to 4.12 percent, the lowest level since the week ended September 29th 2017.2019-06-12T11:04:00"
US Producer Prices Rise 0.1% in May,Producer Price Inflation MoM,"US Producer Prices Rise 0.1% in MayUnited States Producer Price Inflation MoMProducer prices for final demand in the US edged up 0.1 percent from a month earlier in May 2019 after increasing 0.2 percent in April, as an increase in services costs was partially offset by declines in energy and food prices. Excluding food and energy, producer prices were 0.2 percent higher in May, following a 0.1 percent gain in April. Year-on-year, the PPI climbed 1.8 percent, slowing from April's 2.2 percent advance; while the core index rose 2.3 percent, slightly below the previous month's 2.4 percent.2019-06-11T12:35:00"
US Consumer Credit Beats Expectations,Consumer Credit,"US Consumer Credit Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 17.50 billion in April 2019, following an upwardly revised USD 11.03 billion gain in the previous month (vs preliminary USD 10.28 billion) and above market expectations of a USD 12.0 billion rise. This is the biggest jump in total consumer credit in five months. Revolving credit including credit card borrowing climbed USD 7 billion, after a USD 2 billion decline in March. Meantime, non-revolving credit including loans for education and automobiles jumped USD 10.5 billion, after a USD 13.0 billion increase in the prior month. Year-on-year, consumer credit went up 5.25 percent, easing from a 3.1 percent rise in March, as revolving credit went up 8 percent and non-revolving credit 4.25 percent.2019-06-07T19:08:29.553"
US Wages Growth Steady at 0.2% in May,Average Hourly Earnings,"US Wages Growth Steady at 0.2% in MayUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls increased by 6 cents, or 0.2 percent, to USD 27.83 in May 2019, the same pace as in the prior month and missing market expectations of a 0.3 percent gain. That left the annual increase in wages at 3.1 percent, below a 3.2 percent rise in the previous month and market expectations of a 3.2 percent increase. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents, or 0.3 percent, to USD 23.38 in April.



2019-06-07T12:31:00"
US Stocks Extend Gains on Thursday,Stock Market,"US Stocks Extend Gains on ThursdayUnited States Stock MarketWall Street closed in the green on Thursday 6 June 2019, as expectations of looser monetary policy in the US and progress in Mexico-US trade talk negotiations offset global growth concerns. The Dow Jones gained 181 points or 0.7%. The S&P 500 added 17 points or 0.6%. The Nasdaq climbed 40 points or 0.5%.2019-06-06T20:10:00"
US Imports Drop 2.2% in April,Imports,"US Imports Drop 2.2% in AprilUnited States ImportsImports to the US plunged USD 5.7 billion from a month earlier to USD 257.6 billion in April 2019. Goods imports slumped USD 5.4 billion to USD 208.7 billion, on the back of: capital goods except automotive (down USD 1.7 billion), in particular semiconductors and civilian aircraft engines; consumer goods (down USD 1.1 billion), such as gem diamonds; automotive vehicles, parts, and engines (down USD 1.0 billion) due to passenger cars; and industrial supplies and materials (down USD 0.6 billion). Imports of services, including transport, declined USD 0.3 billion to USD 49.0 billion in April. On a non seasonally adjusted basis, goods imports fell from Canada (-3.5 percent), Mexico (-3.0 percent), Japan (-0.8 percent), and Brazil (-2.4 percent); but rose from China (11.6 percent), the EU (0.5 percent), and OPEC (2.4 percent).2019-06-06T12:35:00"
US Exports Fall 2.2% in April,Exports,"US Exports Fall 2.2% in AprilUnited States ExportsExports from the US fell USD 4.6 billion from the previous month to USD 206.8 billion in April 2019. Goods exports decreased USD 4.4 billion to USD 136.9 billion, dragged by sales of capital goods (down USD 2.7 billion), in particular civilian aircraft after Boeing was grounded indefinitely and suspended deliveries of its 737 MAX jet following two deadly crashes. In addition, exports of automotive vehicles, parts, and engines were down USD 0.8 billion, led by passenger cars and automotive parts; while sales of consumer goods declined USD 0.6 billion on pharmaceutical preparations. Exports of services, including travel and maintenance and repair services decreased USD 0.2 billion to USD 69.9 billion in April. On a non seasonally adjusted basis, goods exports dropped to China (-24.3 percent), Japan (-11.4 percent), the EU (-10.8 percent), Canada (-4.6 percent), Brazil (-8.9 percent), and OPEC (-23.7 percent); while sales to Mexico rose 1.8 percent.2019-06-06T12:34:00"
US Q1 Labor Productivity Revised Lower,Productivity,"US Q1 Labor Productivity Revised LowerUnited States ProductivityLabor productivity in the US non-farm business sector increased by an annualized 3.4 percent during the first quarter of 2019, below a preliminary estimate of 3.6 percent and following a 1.3 percent rise in the previous three-month period. Figures came below market expectations of 3.5 percent. Output increased 3.9 percent and hours worked increased 0.5 percent. Year-on-year, productivity rose 2.4 percent, the most since the third quarter of 2010, reflecting a 3.9 percent increase in output and a 1.5 percent increase in hours worked.


2019-06-06T12:32:00"
US Stocks Extend Gains on Wednesday,Stock Market,"US Stocks Extend Gains on WednesdayUnited States Stock MarketWall Street closed deep in the green on Wednesday 5 June 2019 to extend Tuesday’s rally, as data showed that private sector employment rose the least in more than nine years in May, raising expectations that the Federal Reserve could soon cut interest rates to support growth. The Dow Jones climbed 207 points or 0.8%. The S&P 500 jumped 23 points or 0.8%. The Nasdaq gained 48 points or 0.6%.2019-06-05T20:05:00"
US Crude Oil Stocks Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly Rise United States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 6.771 million barrels in the week ended May 31st 2019, up from a 0.282 million drop in the previous week and against market expectations of a 0.849 million decline. Meanwhile, gasoline inventories went up 3.205 million, after a 2.204 million rise in the prior week and above market consensus of a 0.63 million gain. 2019-06-05T14:31:00"
US Private Sector Growth Confirmed at 3-Year Low,Composite Pmi,"US Private Sector Growth Confirmed at 3-Year LowUnited States Composite PmiThe IHS Markit US Composite PMI stood at 50.9 in May 2019, unchanged from the preliminary estimate and down from 53 in April. The latest reading pointed to the weakest expansion in the private sector since May 2016, as manufacturing output fell to its lowest level since 2009 (PMI at 50.5 vs 52.6 in April) and services activity growth slowed to a 39-month low (PMI 50.9 at vs 53 in April). Overall, new orders advanced at a softer pace as new business across the service sector eased for the fourth consecutive month and to its lowest since March 2016 and manufacturing new orders shrank. Meanwhile, the job creation rate accelerated and backlogs of work were unchanged. On the price front, input cost inflation slowed further in May and was subdued in the context of the series history. Finally, sentiment declined to its lowest since June 2016 amid global trade tensions and weaker demand conditions.2019-06-05T13:51:00"
US MBA Mortgage Applications Rebound in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Rebound in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 1.5 percent in the week ended May 31st 2019, following a 3.3 percent fall in the previous week, data from the Mortgage Bankers Association showed. Refinance applications increased 6.4 percent while applications to purchase a home declined 2.4 percent. The average fixed 30-year mortgage rate went down by 10bps to 4.23 percent.2019-06-05T11:01:37.53"
US Stocks Surge on Fed Chair Comments,Stock Market,"US Stocks Surge on Fed Chair CommentsUnited States Stock MarketWall Street surged on Tuesday 4 June 2019 after Federal Reserve Chair Jay Powell said the Fed ""will act as appropriate to sustain the expansion"" amid escalated trade tensions, raising expectations of a rate cut this year. The Dow Jones surged 512 or 2.1%, clinching its second-best trading day in the year.  The S&P 500 jumped 59 points or 2.1%. The Nasdaq climbed 194 points or 2.7%.2019-06-04T20:12:00"
US Treasury Sell-off Eases on Powell Coments,2 Year Note Yield,"US Treasury Sell-off Eases on Powell Coments United States 2 Year Note YieldUS yields trimmed gains after Federal Reserve Chair Jay Powell said the Fed ""will act as appropriate to sustain the expansion"" amid escalated trade tensions, raising expectations of a rate cut this year. The 2-year bond yield increased 4.9bps to 1.8914%, and that on the 10-year went up 4.6bps to 2.121%, after gaining 8.9bps and 6.2bps, respectively.2019-06-04T15:22:00"
Dollar Drops to 6-Week Low,currency,"Dollar Drops to 6-Week LowUnited States currencyThe dollar index fell to 97.026 on Tuesday morning, its lowest level since mid-April, on rising expectations that the Federal Reserve could soon cut interest rates amid global growth concerns.2019-06-04T07:04:00"
US Stocks Close Mixed on Monday,Stock Market,"US Stocks Close Mixed on MondayUnited States Stock MarketWall Street closed mixed on Monday 3 June 2019, with the Nasdaq 120 points or 1.6% plunging on antitrust concerns and ongoing trade tensions with China and Mexico. The S&P 500 retreated 8 points or 0.3%. In contrast, the Dow Jones edged up 5 points or less than 0.1%.2019-06-03T20:24:00"
US Stocks Trade Lower,Stock Market,"US Stocks Trade LowerUnited States Stock MarketUS stocks fell on Monday after data showed manufacturing activity grew at the softest pace in two-and-a-half years in May and amid ongoing trade tensions with China and Mexico. The Dow Jones lost 0.3% to 24,754; the S&P 500 dropped 0.6% to 2,736; and the Nasdaq slumped 1.5% to 7,340 around 12:30 PM NY time.2019-06-03T16:38:00"
US Manufacturing Growth Eases to 2-1/2-Year Low: ISM,Business Confidence,"US Manufacturing Growth Eases to 2-1/2-Year Low: ISMUnited States Business ConfidenceThe ISM Manufacturing PMI in the US fell to 52.1 in May 2019 from 52.8 in the previous month, missing market expectations of 53. The latest reading pointed to weakest pace of expansion in the manufacturing sector since October 2016 as production growth eased to the weakest since August 2016 and backlog of orders contracted for the first time since January 2017.2019-06-03T14:04:54.43"
US Construction Spending Unchanged in April,Construction Spending,"US Construction Spending Unchanged in April United States Construction SpendingUS construction spending was unchanged from a month earlier at a seasonally adjusted annual rate of USD 1.30 trillion in April of 2019, after an upwardly revised 0.1 percent increase in the previous month and missing market expectations of a 0.4 percent gain. Investment in public construction jumped 4.8 percent, above a 0.5 percent rise in March and making the fourth straight monthly increase, with federal construction spending surging 7.4 percent, its biggest jump in 1-1/2 years. On the other hand, spending on private construction dropped 1.7 percent to the lowest level since January of 2017, after showing no growth in the prior month, as investment in private residential projects slipped 0.6 percent to the lowest level since December 2016 and that on private nonresidential structures, which include manufacturing and power plants slumped 2.9 percent.2019-06-03T14:02:00"
US Factory Activity Growth at Near 10-Year Low: Markit,Manufacturing PMI,"US Factory Activity Growth at Near 10-Year Low: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised lower to 50.5 in May 2019 from a preliminary estimate of 50.6 and well below the previous month's final 52.6. The latest reading pointed to the weakest pace of expansion in the manufacturing sector since September 2009 as output growth eased and new orders fell for the first time since August 2009. In addition, employment rose at the slowest rate since March 2017 and backlogs of work were unchanged. Looking ahead, expectations for growth dipped to their joint-lowest since the series began in July 2012.2019-06-03T13:49:00"
US 10-Year Treasury Yield Drops Below 2.1%,Government Bond 10Y,"US 10-Year Treasury Yield Drops Below 2.1% United States Government Bond 10YThe yield on the US 10-year Treasury note fell as much as 5.5bps to a near 21-month low of 2.0693% on Monday, amid rising expectations that the Federal Reserve will ease policy this year to support growth, amid heightened global trade tensions. Since the beginning of May, the 10-year bond yield has fallen by 38bps, the biggest monthly drop since January. Also, the 30-year bond yield decreased 4.8bps to 2.5204%, its lowest level since November of 2016 and that on the 2-year was down 8.2bps to an 18-month low of 1.8397%.  2019-06-03T13:33:00"
US 2-Year Yield in Biggest 2-Day Fall since 2008,2 Year Note Yield,"US 2-Year Yield in Biggest 2-Day Fall since 2008United States 2 Year Note YieldYields on two-year notes slumped nine bps to 1.842% on Monday morning, following a 14 bps drop in the previous session and marking their biggest two-day fall since early-October 2008. The Federal Reserve is expected to ease policy this year to support growth, amid heightened global trade tensions. Also, ten-year yields slumped six bps to 2.08%, the lowest since September 2017.2019-06-03T08:24:00"
US 10Y Bond Yield Hits 20-month Low,Government Bond 10Y,US 10Y Bond Yield Hits 20-month Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 20-month low of 2.1332%2019-06-02T20:27:39.4
US Stocks Plummet on Trump Threats,Stock Market,"US Stocks Plummet on Trump Threats United States Stock MarketWall Street plummeted on Friday 31 May 2019, as investors concerns over global trade escalated after President Trump threatened to impose tariffs on all Mexican imports from June 10 in attempt to reduce the flow of illegal migrants. The tariff will start at 5 percent and will gradually increase to 25 percent by October if the migration problem is not resolved. The Dow Jones plunged 355 points or 1.4%. The S&P 500 declined 37 points or 1.3%. The Nasdaq retreated 115 points or 1.5%.2019-05-31T20:12:00"
US 10Y Bond Yield Hits 20-month Low,Government Bond 10Y,US 10Y Bond Yield Hits 20-month Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 20-month low of 2.1592%2019-05-31T17:41:18.637
US Stocks Fall on Tariff Threat,Stock Market,"US Stocks Fall on Tariff ThreatUnited States Stock MarketWall Street traded in the red on Friday morning, amid global trade tensions after US President Trump threatened to impose tariffs on Mexican goods in attempt to reduce the flow of illegal migrants. On Thursday, President Trump tweeted: ‘On June 10th, the US will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied,’. The Dow Jones dropped 1.1%; the S&P 500 decreased 1.1%; and the Nasdaq fell 1.1% around 10:35 AM New York time.2019-05-31T14:40:36.897"
US May Consumer Sentiment Revised Lower,Consumer Confidence,"US May Consumer Sentiment Revised LowerUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised lower to 100 in May 2019 from a preliminary 102.4, missing market expectations of 101.5. It was the highest reading since September last year, as confidence remained at very favorable levels, still significantly eroded in the last two weeks of May due to unfavorable references to tariffs.2019-05-31T14:05:00"
Stocks in United States Hit 17-week Low,Stock Market,Stocks in United States Hit 17-week LowUnited States Stock MarketDow Jones decreased to a 17-week low of 248432019-05-31T13:50:17.993
Chicago PMI Beats Forecasts in May,Chicago Pmi,"Chicago PMI Beats Forecasts in MayUnited States Chicago PmiThe MNI Chicago Business Barometer for the US rose to 54.2 in May 2019 from 52.6 in the previous month and beating market expectations of 53.7. New orders increased for the first time in three months and output picked-up to match its three-month average but was significantly below its 12-month average. Also, firms began accumulating inventories after three months of draw-down, evidence showed things are getting back to “normal” after a strong 2018 in terms of demand and confidence. Meantime, weaker demand for labour continued in the wake of slower growth in demand and production seen since the turn of the year, despite this month’s positive outturn. Additionally, order backlogs slipped into contraction again, the second such instance this year. Factory gate prices went up a little following last month’s double-digit decline boosted by higher cost of oil.2019-05-31T13:50:00"
US Personal Income Rises the Most in 4 Months,Personal Income,"US Personal Income Rises the Most in 4 MonthsUnited States Personal IncomeUS personal income increased 0.5 percent month-over-month in April 2019, after a 0.1 percent gain in the previous month and beating market expectations of a 0.3 percent rise. The increase in personal income primarily reflected increases in personal interest income, wages and salaries, and government social benefits to persons. Wages and salaries, the largest component of personal income, went up 0.3 percent, following a 0.4 percent gain in March.2019-05-31T12:44:00"
US PCE Prices Beat Forecasts,PCE Price Index Monthly Change,"US PCE Prices Beat ForecastsUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure (PCE) price index in the United States increased 0.3 percent from a month earlier in April of 2019, up from a 0.2 percent rise in March and above market expectations of a 0.1 percent gain. Prices for services climbed 0.4 percent, faster than a 0.2 percent in March; and cost of goods advanced 0.2 percent, unchanged from the previous month, of which nondurables (0.5 percent compared to 0.6 percent) while durables (-0.4 percent from -0.5 percent). Year-on-year, the PCE price index increased 1.5 percent, following a downwardly revised 1.4 percent advance and in line with market consensus and the core index advanced 1.6 percent, above 1.5 percent in the previous month and also matching forecasts. 2019-05-31T12:33:00"
US Personal Spending Rises More than Expected,Personal Spending,"US Personal Spending Rises More than ExpectedUnited States Personal SpendingPersonal spending in the United States increased 0.3 percent from a month earlier in April 2019, following an upwardly revised 1.1 percent gain in March. The latest reading came in above market expectations of a 0.2 percent rise, as an increase in consumption of nondurables and services offset a decline in durables spending.2019-05-31T12:31:00"
US 10Y Bond Yield Hits 20-month Low,Government Bond 10Y,US 10Y Bond Yield Hits 20-month Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 20-month low of 2.2203%2019-05-30T19:37:36.403
US Crude Oil Inventories Fall Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall Less than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States decreased by 0.282 million barrels in the week ended May 24th 2019, following a 4.74 million rise in the previous week and compared with market expectations of a 0.857 million drop. Meanwhile, gasoline inventories increased 2.204 million, after a 3.716 million gain in the prior week and against market consensus of a 0.528 million decrease.2019-05-30T15:02:07.8"
US Pending Home Sales Fall 2% YoY in April,Pending Home Sales,"US Pending Home Sales Fall 2% YoY in AprilUnited States Pending Home SalesContracts to buy previously owned US homes declined 2.8 percent from a year earlier in April 2019, following a downwardly 1.1 percent fall in the previous month. It was the 16th consecutive month of annual decreases. Sales went down in the Midwest (-2.4 percent), Northeast (-2.1 percent), South (-1.8 percent) and in the West (-1.5 percent). On a month-over-month basis, sales declined 1.5 percent, after a downwardly revised 3.8 percent gain in the prior month and well below market expectations of a 0.9 percent increase.2019-05-30T14:05:00"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketWall Street opened in the green on Thursday, recovering from a sell-off in the previous session, as investors concerns over a slowdown in global growth eased after treasury yields stabilized. Also, latest economic data showed that the US economy had a strong momentum in the first quarter of the year. The Dow Jones rose 0.3%; the S&P 500 increased 0.5%; and the Nasdaq advanced 0.6% around 15 minutes after the opening bell.2019-05-30T13:49:00"
US April Wholesale Inventories Rise More than Expected,Wholesale Inventories,"US April Wholesale Inventories Rise More than ExpectedUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.7 percent month-over-month to USD 674.5 billion in April of 2019, following a revised flat reading in March and above market expectations of a 0.2 percent gain, a preliminary estimate showed. Stocks of durable goods advanced faster (0.7 percent vs 0.3 percent in March) while those non-durable rebounded 0.6 percent, after a 0.5 percent drop in the previous month. Year-on-year, inventories rose 7.4 percent.2019-05-30T12:45:00"
US Q1 Corporate Profits Fall the Most since 2015,Corporate Profits,"US Q1 Corporate Profits Fall the Most since 2015United States Corporate ProfitsCorporate profits in the United States declined by USD 72.8 billion, or 3.5 percent, in the first quarter of 2019 to USD 2,003.4 billion, after being unchanged in the previous period at USD 2,076 billion and against market expectations of a 2 percent gain, a preliminary estimate showed. It is the largest decrease in corporate profits since Q4 2015 when they slipped 5.2 percent. Undistributed profits went down by USD 31.2 billion, or 3.9 percent, to USD 765.5 billion; and net dividends declined by USD 41.6 billion, or 3.3 percent, to USD 1,237.9 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, rose by USD 6.1 billion, or 0.2 percent, to USD 2,621 billion.


2019-05-30T12:37:00"
US Q1 GDP Growth Revised Down to 3.1%,GDP Growth Rate,"US Q1 GDP Growth Revised Down to 3.1% United States GDP Growth RateThe US economy advanced an annualized 3.1 percent in the first quarter of 2019, slightly below earlier figures of a 3.2 percent expansion and in line with market expectations, the second estimate showed. It follows a 2.2 percent growth in the previous three-month period. Nonresidential fixed investment and private inventory investment were revised lower and while upward revisions were seen exports and personal consumption expenditures.2019-05-30T12:32:00"
US Jobless Claims Rise as Expected in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise as Expected in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 3 thousand to 215 thousand in the week ended May 25th 2019 from the previous week’s revised level of 212 thousand and in line with market expectations. According to unadjusted data, the biggest rises were registered in Michigan (+2,267); New York (+1,011); Missouri (+839) and New Jersey (+798) while the largest declines were seen in Ohio (-3,264); Pennsylvania (-2,073) and Florida (-456).2019-05-30T12:31:00"
US Stocks Tank on Wednesday,Stock Market,US Stocks Tank on WednesdayUnited States Stock MarketWall Street closed in the red on Wednesday 29 May 2019 amid mounting fears about the deepening trade dispute between the US and China and a slowdown in global economy. The Dow Jones retreated 221 points or 0.9%. The S&P 500 dropped 19 points or 0.7%. The Nasdaq lost 60 points or 0.8%.2019-05-29T20:22:48.603
US Fifth District Manufacturing Activity Improves,Richmond Fed Manufacturing Index,"US Fifth District Manufacturing Activity ImprovesUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district rose to 5 in May of 2019 from 3 in the previous month, slightly below market expectations of 6. Shipments (2 from -2 in April) and new orders (0 from -2) improved and employment remained almost the same (17 from 18). Also, significant increases were seen in inventories of raw materials (37 from 24) and finished goods (26 from 23). On the price front, price pressures eased for both prices received (1.53 from 1.84) and prices paid (2.21 from 3.04). Firms remained optimistic about growth in the coming months.
2019-05-29T14:05:00"
US Stocks Fall amid Lower Yields,Stock Market,"US Stocks Fall amid Lower YieldsUnited States Stock MarketWall Street opened in the red on Wednesday, following losses in Europe and Asia as the 10-year Treasury yield fell to its lower level since September 2017 amid persistent global growth concerns and escalating trade tensions between the US and China. On Tuesday, China’s powerful planning body threatened to use rare earths exports, a main component to US technology industry. The Dow Jones dropped 0.7%; the S&P 500 fell 0.7%; and the Nasdaq declined 0.8% around 09:45 NY time.2019-05-29T13:30:00"
US MBA Mortgage Applications Fall,Mortgage Applications,"US MBA Mortgage Applications Fall United States Mortgage ApplicationsMortgage applications in the United States fell 3.3 percent in the week ended May 24th 2019, following a 2.4 percent gain in the previous week, data from the Mortgage Bankers Association showed. Refinance applications declined 6.0 percent and applications to purchase a home dropped 1.4 percent. The average fixed 30-year mortgage rate was unchanged at 4.33 percent.2019-05-29T11:01:00"
US Stocks Retreat on Tuesday,Stock Market,"US Stocks Retreat on TuesdayUnited States Stock MarketWall Street closed in the red on Tuesday 28 May 2019, as investor digest US President Trump’s comment that Washington is “not ready” to sign a deal with Beijing yet. The Dow Jones retreated 238 points or 0.9%. The S&P 500 fell 24 points or 0.8%. The Nasdaq lost 30 points or 0.4%.2019-05-28T20:20:00"
Dallas Fed Manufacturing Index Unexpectedly Falls in May,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Unexpectedly Falls in MayUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to -5.3 in May 2019 from a revised 2 in the previous month and missing market expectations of 5.8. It was the lowest reading in six months, as the production index, a key measure of state manufacturing conditions, dropped to 6.3 from 12.4 indicating output growth eased. Also, other measures of manufacturing activity rose at softer pace: new orders (2.4 vs 9.8); growth rate of orders (1.1 vs 5.2) and capacity utilization (7.7 vs 15.6). Meantime, the shipments index edged up to 7.6 from 6.3. Labor market measures suggested stronger employment growth and longer workweeks in May: the employment index rebounded from its April dip, rising to 11.6 from 4.6; while the hours worked index remained positive but inched down to 6.4 from 8.1. Looking ahead, the index of future general business activity decreased to 9.1 from 18.4 and the index of future company outlook fell to 11.5 from 20.9. 2019-05-28T14:35:00"
US 10-Year Treasury Yield Falls to 20-Month Low,Government Bond 10Y,"US 10-Year Treasury Yield Falls to 20-Month LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell 4.9 bps to 2.271% on Tuesday, its lowest level since 26th September of 2017, amid rising fears of escalated trade tensions between Washington and Beijing and the impact on economic growth, after President Donald Trump said during a state visit to Japan that the US is “not ready to make a deal” with China and that tariffs on Chinese goods can still “go up very, very substantially, very easy”. Since the beginning of May, the 10-year bond yield has fallen by nearly 23 bps. Also, the 30-year bond yield decreased 4.8 bps to a 17-month low of 2.7023% and that on the 2-year was down 3.3 bps to 2.1307%.  2019-05-28T14:17:00"
US Home Prices Rise the Least in Over 2 Years: FHFA,FHFA House Price Index MoM,"US Home Prices Rise the Least in Over 2 Years: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.1 percent from a month earlier in March 2019, easing from an upwardly revised 0.4 percent increase in February and below market expectations of a 0.2 percent gain. It was the smallest monthly increase in house prices since January 2017. Among Census divisions, rises in West North Central (1.1 percent); Middle Atlantic (0.8 percent); Mountain (0.7 percent); West South Central (0.3 percent) and South Atlantic (0.1 percent) were partly offset by declines in East North Central (-0.8 percent); East South Central (-0.4 percent) and New England (-0.6 percent). At the same time, prices were flat in the Pacific division. Year-on-year, house prices were up 4.9 percent, the same pace as in the previous month.

2019-05-28T13:11:00"
US Home Price Growth Slows to 6-1/2-Year Low: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Price Growth Slows to 6-1/2-Year Low: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US rose 2.7 percent year-on-year in March 2019, slowing from a revised 3 percent increase in the previous month and missing market expectations of 2.6 percent. It was the smallest annual gain in house prices since August 2012. Las Vegas recorded the biggest increase in home prices (8.2 percent), followed by Phoenix (6.1 percent) and Tampa (5.3 percent), while the smallest gains were reported in San Diego (1.3 percent), Los Angeles (1.3 percent) and San Francisco (1.4 percent). The national index, covering all nine US census divisions, went up 3.7 percent in March, down from a 3.9 percent rise in the prior month.2019-05-28T13:03:00"
US Stocks Edge Higher,Stock Market,"US Stocks Edge HigherUnited States Stock MarketWall Street edged higher on Friday 24 2019, as investors’ nerves eased on US President Donald Trump prediction that ongoing trade disputes will end soon. The Dow Jones posted its longest streak of weekly losses since 2011, despite climbing on Friday 95 points or 0.4%. The S&P 500 gained 4 points or 0.1%. The Nasdaq inched up 9 points or 0.1%. 2019-05-24T20:24:31.02"
US Stocks Recover after Sharp Sell-off,Stock Market,"US Stocks Recover after Sharp Sell-offUnited States Stock MarketUS stocks traded in the green on Friday, recovering from a sharp sell-off in the previous session, after President Donald Trump said Thursday afternoon that ongoing trade tensions with China could be over quickly. The Dow Jones surged 0.5% to 25,606; the S&P 500 advanced 0.4% to 2,835; and the Nasdaq gained 0.7% to 7,682 around 10:30 NY time.2019-05-24T14:22:00"
US Durable Goods Orders Fall More than Expected,Durable Goods Orders,"US Durable Goods Orders Fall More than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods fell 2.1 percent from a month earlier in April 2019, reversing a downwardly revised 1.7 percent growth in March and slightly worse than market expectations of a 2 percent drop. Transportation equipment, down two of the last three months, drove the decrease.2019-05-24T12:35:00"
US Stocks Plummet on Thursday,Stock Market,"US Stocks Plummet on ThursdayUnited States Stock MarketWall Street closed deeply in the red on Thursday, as global growth fears reignited and oil prices plummeted 5 percent as the escalating trade war between China and US came into the spotlight again. The Dow Jones plummeted 123 points or 1.6%. The S&P 500 plunged 34 points or 1.2%. The Nasdaq retreated 286 points or 1.1%.2019-05-23T20:23:00"
US New Home Sales Fall More than Expected,New Home Sales,"US New Home Sales Fall More than ExpectedUnited States New Home SalesSales of new single-family houses in the United States dropped 6.9 percent from the previous month to a seasonally adjusted annual rate of 673 thousand in April 2019, from a revised 11-1/2-year high of 723 in March, while markets had forecast a 2.8 percent fall to 675 thousand. April's decline followed three straight monthly increases, as prices surged 8.8 percent from a year ago to the highest level since December 2017.2019-05-23T14:06:37.247"
US Services Activity Expands the Least in Over 3 Years: Markit,Services PMI,"US Services Activity Expands the Least in Over 3 Years: MarkitUnited States Services PMIThe IHS Markit US Services PMI dropped to 50.9 in May 2019 from 53 April and well below market expectations of 53.2, a preliminary estimate showed. The latest reading pointed to the softest expansion in services activity since February 2016, as new orders eased for the third straight month amid softer demand conditions and intense competition. Also, the level of outstanding business declined for the first time this year and job creation rate fell to a 25-month low. On the price front, input prices rose slightly and output cost decreased for the first time since 2016 mostly due to intense competition. 2019-05-23T13:52:00"
US Private Sector Growth at 3-Year Low: Markit,Composite Pmi,"US Private Sector Growth at 3-Year Low: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI fell to 50.9 in May 2019 from 53 in the prior month, a preliminary estimate showed. The latest reading pointed to the weakest expansion in the private sector since May 2016, as manufacturing output dropped to its lowest since 2009 (PMI at 50.6 vs 52.6 in April) and the services activity growth eased to a 39-month low (PMI at 50.9 vs 53). Overall, softer demand conditions and subdued growth of new orders were behind the muted increase in output. Additionally, new business rose at the slowest pace recorded since series began and the job creation rate went up at the weakest pace for just over two years. On the price front, input price inflation slowed for the third consecutive month, despite ongoing trade tariff war and output cost inflation fell for the first time since 2016. Finally, expectations fell to their lowest since survey began in 2012, mainly attributed to hesitation among clients and increased uncertainty linked to global trade tensions.2019-05-23T13:49:00"
US Manufacturing Growth Slows to Decade Low: Markit,Manufacturing PMI,"US Manufacturing Growth Slows to Decade Low: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI dropped to 50.6 in May 2019 from the previous month's 52.6 and below market expectations of 52.5, a preliminary estimate showed. The latest reading pointed to the weakest pace of expansion in the manufacturing sector since September 2009, as new orders fell for the first time since August 2009 while output, employment and pre-production inventories all rose at softer rates. 2019-05-23T13:47:00"
US Stocks Plunge,Stock Market,"US Stocks PlungeUnited States Stock MarketUS stocks fell sharply on Thursday amid ongoing trade tensions with China as companies such as Arm Holdings, Panasonic, Vodafone and BT Group suspended some business with Huawei, following the Trump administration's decision to add Chinese telecom giant to a blacklist. The Dow Jones plunged more than 300 points, or 1.3% to 25,443; the S&P 500 lost 1.2% to 2,821; and the Nasdaq fell 1.4% to 7,640 around 10 minutes after the opening bell.2019-05-23T13:42:43.857"
Dollar Index Hits 24-month High,currency,Dollar Index Hits 24-month HighUnited States currencyDXY increased to a 24-month high of 98.332019-05-23T13:20:12.54
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 1 thousand to 211 thousand in the week ended May 18th 2019 from the previous week’s unrevised level of 212 thousand and compared with market expectations of 215 thousand. According to unadjusted data, the largest declines were seen California (-1,662); Illinois (-1,351) and Georgia (-1,014) while the biggest rises were registered in Ohio (+4,228); Pennsylvania (+1,012) and Texas (+855).2019-05-23T12:32:00"
Fed Policymakers Pledge to Remain Patient on Rates: Minutes,Interest Rate,"Fed Policymakers Pledge to Remain Patient on Rates: MinutesUnited States Interest RateFed officials agreed that a patient approach to monetary policy would likely remain appropriate for some time even if global conditions continue to improve, especially in an environment of moderate economic growth and muted inflation pressures, minutes of the May meeting showed. The Committee also noted that it is prepared to adjust the size and composition of the balance sheet to achieve its macroeconomic objectives.2019-05-22T18:29:00"
US Crude Oil Inventories Unexpectedly Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly Rise for 2nd Week United States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 4.74 million barrels in the week ended May 17th 2019, following a 5.431 million rise in the previous week and compared with market expectations of a 0.599 million drop. Meanwhile, gasoline inventories rose by 3.716 million, after a 1.123 million decline in the prior week and against market consensus of a 0.816 million decrease. 2019-05-22T14:32:00"
US MBA Mortgage Applications Rebound in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Rebound in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 2.4 percent in the week ended May 17th 2019, rebounding from a 0.6 percent decline in the previous week, data from the Mortgage Bankers Association showed. Refinance applications increased 8.3 percent while applications to purchase a home dropped 2.0 percent. The average fixed 30-year mortgage rate went down by 7bps to 4.33 percent.2019-05-22T11:02:44.177"
US Stocks Rebound on Tuesday,Stock Market,"US Stocks Rebound on TuesdayUnited States Stock MarketWall Street closed deeply in the green on Tuesday 21 May 2019, as the US decided to allow Huawei Technologies to buy some U.S. products until August 19th in order to maintain its network and provide software updates to its customers. The Dow Jones jumped 197 points or 0.8%. The S&P 500 climbed 24 points or 0.9%. The Nasdaq 83 points or 1.1%.2019-05-21T20:13:00"
US Stocks Rebound on Huawei Relief,Stock Market,"US Stocks Rebound on Huawei ReliefUnited States Stock MarketUS stocks traded higher on Tuesday, led by a tech rally after the Commerce Department said it would temporarily ease restrictions on Huawei, allowing US companies to continue to do business with Chinese telecom giant until at least August 19th. the Dow Jones rose 143 points, or 0.6%, to 25,823; the S&P 500 gained 20 points, or 0.7%, to 2,861; and the Nasdaq climbed 72 points, or 0.9%, to 7,774 around 10:30 AM NY time.2019-05-21T14:35:01.957"
US Existing Home Sales Unexpectedly Fall,Existing Home Sales,"US Existing Home Sales Unexpectedly FallUnited States Existing Home SalesSales of previously owned houses in the US fell 0.4 percent from the previous month to a seasonally adjusted annual rate of 5.19 million in April 2019. It follows an unrevised 5.21 million and compares to market expectations of 5.35 million. Sales of single family homes dropped 1.1 percent to 4.62 million, after a 4.9 percent decline in March, while sales of condos rose 5.6 percent to 0.57 million, rebounding from a 5.3 percent fall in the prior month.The median house price increased to $267,300 from $259,700 in March and $257,900 a year earlier. The months' worth of supply went up to 4.2 from 3.8 in March.  Year-on-year, existing home sales declined 4.4 percent.2019-05-21T14:03:00"
US Stocks Retreat on Monday,Stock Market,"US Stocks Retreat on MondayUnited States Stock MarketWall Street closed in the red on Monday 20 May 2019, with tech stocks booking sharp losses after Google, Intel, Qualcomm and Broadcom suspended some business with Huawei Technologies following the Trump administration's decision to add the Chinese telecommunications giant to a trade blacklist. The Dow Jones lost 84 points or 0.3%. The S&P 500 retreated 19 points or 0.7%. The Nasdaq plummeted 114 points or 1.5%.2019-05-20T20:09:45.29"
US Stocks Fall Led by Tech Shares,Stock Market,"US Stocks Fall Led by Tech SharesUnited States Stock MarketUS stocks traded in the red on Monday, with tech stocks among the worst performers, after Google, Intel, Qualcomm and Broadcom suspended some business with Huawei Technologies following the Trump administration's decision to add the Chinese telecommunications giant to a trade blacklist. The Dow Jones lost 88 points, or 0.3%, to 25,676; the S&P 500 declined 17 points, or 0.6%, to 2,842; and the Nasdaq slumped 102 points, or 1.3%, to 7,714 around 1 PM NY time.2019-05-20T17:08:01.75"
Chicago Fed National Activity Index Drops Below Forecast,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Drops Below ForecastUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index dropped to -0.45 in April 2019 from an upwardly revised +0.05 in the previous month and worse than market expectations of -0.33. The contribution from production-related indicators to the CFNAI declined to -0.44 in April from -0.04 in March; and that of the personal consumption and housing category moved down to -0.05 from a neutral value in the previous month. In addition, the sales, orders, and inventories category made a contribution of +0.01 to the CFNAI in April, down from +0.06 in March; while employment-related indicators contributed +0.04, up slightly from +0.03.2019-05-20T12:37:32.82"
US Stocks Slide on Friday,Stock Market,"US Stocks Slide on FridayUnited States Stock MarketWall Street closed deeply in the red on Friday 17 May 2019, as US trade tensions with China continued following the Trump administration's decision to add Huawei Technologies to a trade blacklist, aimed at preventing the Chinese telecom giant to conduct business with US companies. The Dow Jones retreated 99 points or 0.4%. The S&P 500 lost 17 points or 0.6%. The Nasdaq fell 82 points or 1.0%. 2019-05-17T20:14:00"
US Consumer Sentiment Hits 15-Year High,Consumer Confidence,"US Consumer Sentiment Hits 15-Year HighUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US rose to 102.4 in May 2019 from 97.2 in the previous month, easily beating market consensus of 97.5, a preliminary estimate showed. That was the highest reading since January 2004, as consumers viewed prospects for the overall economy much more favorably. The survey was conducted before the trade negotiations with China collapsed.2019-05-17T14:03:00"
US Stocks Fall on Trade Tensions,Stock Market,"US Stocks Fall on Trade TensionsUnited States Stock MarketUS stocks fell on Friday due to ongoing trade tensions with China following the Trump administration's decision to add Huawei Technologies to a trade blacklist, aimed at preventing the Chinese telecom giant to conduct business with US companies. Last week, the US hiked tariffs on $200 billion of Chinese goods while Beijing retaliated Monday with higher levies on $60 billion of US products. The Dow Jones dropped 109 points, or 0.4%, to 25,754; the S&P 500 lost 13 points, or 0.5%, to 2,863; and the Nasdaq retreated 40 points, or 0.5%, to 7,856 around 15 minutes after the opening bell.2019-05-17T13:45:30.423"
US Stocks Close Higher Boosted by Earnings,Stock Market,"US Stocks Close Higher Boosted by EarningsUnited States Stock MarketWall Street closed deeply in the green on Thursday 16 May 2019 despite ongoing trade concerns, buoyed by strong earnings results from Walmart and Cisco Systems. The Dow Jones gained 215 points or 0.8%. The S&P 500 advanced 25 points or 0.9%. The Nasdaq rose 76 points or 1.0%.2019-05-16T20:18:00"
US Stocks Open Higher on Earnings,Stock Market,"US Stocks Open Higher on EarningsUnited States Stock MarketUS stock markets opened in the green on Thursday despite ongoing trade concerns, buoyed by strong earnings results from Walmart and Cisco Systems. The Dow Jones gained 133 points, or 0.5%, to 25,781; the S&P 500 advanced 16 points, or 0.6%, to 2,867; and the Nasdaq rose 44 points, or 0.6%, to 7,866 around 15 minutes after the opening bell.2019-05-16T13:43:56.843"
US Building Permits Rebound in April,Building Permits,"US Building Permits Rebound in AprilUnited States Building PermitsBuilding permits in the United States rose 0.6 percent from a month earlier to a seasonally adjusted annual rate of 1,296 thousand in April 2019, after declining for three consecutive months  and above market expectations of a 0.5 percent gain. Permits for the volatile multi-family housing segment jumped 8.9 percent to 514 thousand, while single-family authorisations fell 4.2 percent to 782 thousand. Across regions, permits increased in the West (5.3 percent to 339 thousand) and Midwest (2.2 percent to 188 thousand) but dropped in the South (-1.2 percent to 649 thousand) and Northeast (-4.0 percent to 120 thousand). Permits for March were revised to 1,288 thousand from 1,269 thousand.2019-05-16T12:34:00"
Philadelphia Fed Manufacturing Index at 4-Month High,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index at 4-Month HighUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States rose to 16.6 in May of 2019 from 8.5 in the previous month, well above market expectations of 9, and reaching the highest level since January. Faster increases were seen in shipments (27.6 from 18.4 in April) and employment (18.2 from 14.7) while new orders (11.0 from 15.7) and average workweek (10.9 from 11.2) slowed. Meantime, prices paid accelerated (23.1 from 21.6) while prices received eased (17.5 from 20.0). Additionally, the 6-month outlook went up to 19.7 in May from 19.1 in April.2019-05-16T12:33:00"
US Housing Starts Rise Above Forecast,Housing Starts,"US Housing Starts Rise Above ForecastUnited States Housing StartsHousing starts in the US rose 5.7 percent from a month earlier to a seasonally adjusted annual rate of 1,235 thousand units in April 2019, more than an expected 1,205 thousand and following a revised 1.7 percent advance in March. Construction of both single- and multi-family housing units increased.2019-05-16T12:31:00"
US Jobless Claims at 1-Month Low in Latest Week,Initial Jobless Claims,"US Jobless Claims at 1-Month Low in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment fell by 16 thousand to 212 thousand in the week ending May 11th 2019 from the previous week's unrevised level of 228 thousand while markets had expected a smaller drop to 220 thousand. This is the lowest level for initial claims since the week ended April 13th of 2019, as seasonal effects from the timing of Easter have faded. According to unadjusted data, the largest declines were seen in New York (-15,255), Pennsylvania (-1,029) and Arizona (-631) while the biggest rises were registered in California (+1,848), Texas (+394) and Minnesota (+315).



2019-05-16T12:31:00"
US 10Y Bond Yield Hits 17-month Low,Government Bond 10Y,US 10Y Bond Yield Hits 17-month Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 17-month low of 2.3679%2019-05-16T02:32:11.857
US Stocks Close Higher,Stock Market,US Stocks Close HigherUnited States Stock MarketWall Street closed in the green on Wednesday 15 May 2019 after CNBC reported that the Trump administration is planning to delay tariffs on car imports by up to six months amid ongoing trade negotiations with China. The Dow Jones gained 11 points or 0.5%.  The S&P 500 added 17 points or 0.6%. The Nasdaq jumped 88 points or 1.1%.2019-05-15T20:14:00
US Treasury Outflows Below Estimates,Capital Flows,"US Treasury Outflows Below EstimatesUnited States Capital FlowsOverseas investors sold USD 8.1 billion of US assets, including short-dated instruments, in March 2019 after selling a downwardly revised USD 21.5 billion in February, below market expectations of a USD 31 billion outflow. Meanwhile, foreigners sold USD 28.4 billion of long-term US securities, including government and corporate, after buying USD 51.9 billion in the previous month. Foreign investors sold USD 12.5 billion of US treasuries, after buying USD 19.9 billion.2019-05-15T20:05:00"
US 10Y Bond Yield Hits 7-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 7-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 7-week low of 2.3732%2019-05-15T19:57:42.253
US Stocks Recover from Early Losses,Stock Market,"US Stocks Recover from Early LossesUnited States Stock MarketUS stocks reversed early losses and traded higher on Wednesday after CNBC reported that the Trump administration is planing to delay tariffs on car imports by up to six months amid ongoing trade negotiations with China. Meanwhile, poor economic data showed retail sales and industrial output fell unexpectedly last month, weighing on sentiment. The Dow Jones gained 21 points, or 0.1%, to 25,553; the S&P 500 advanced 9 points, or 0.3%, 2,843; and the Nasdaq climbed 58 points, or 0.8%, to 7,794 around 11 AM NY time.2019-05-15T14:52:25.79"
US Crude Oil Inventories Rise Unexpectedly,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Unexpectedly United States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 5.431 million barrels in the week ended May 10th 2019, up from a 3.963 million decrease in the previous week and compared with market expectations of a 0.8 million fall. Meanwhile, gasoline inventories declined by 1.123 million, following a 0.596 million fall in the prior week and above market expectations of a 0.299 million drop.2019-05-15T14:32:21.46"
US Business Inventories Unchanged in March,Business Inventories,"US Business Inventories Unchanged in MarchUnited States Business InventoriesBusiness inventories in the United States were unchanged in March 2019, following a 0.3 percent increase in February and matching market expectations. Inventories at manufacturers rose 0.4 percent (vs 0.3 percent in February), while stocks at retailers dropped 0.3 percent (vs 0.2 percent in February) and those at merchant wholesalers were down 0.1 percent (vs 0.4 percent in February). Retail inventories excluding autos, which go into the calculation of GDP, were flat in March.2019-05-15T14:04:48.647"
US Homebuilder Sentiment at 7-Month High,Nahb Housing Market Index,US Homebuilder Sentiment at 7-Month High United States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States increased to a seven-month high of 66 in May of 2019 from 63 in the previous month and above market expectations of 64. The sub-index for current single-family home sales rose to 72 from 69 in April; the gauge for home sales over the next six months edged up to 72 from 71 and prospective buyers went up to 49 from 47.2019-05-15T14:03:00
US Industrial Output Falls the Most in 11 Months,Industrial Production Mom,"US Industrial Output Falls the Most in 11 MonthsUnited States Industrial Production MomUS industrial output dropped 0.5 percent from a month earlier in April 2019, defying market expectations of a flat reading and reversing a 0.2 percent advance in March. That was the biggest decline in industrial production since May last year, as manufacturing and utilities contracted while mining output rebounded firmly.2019-05-15T13:17:00"
US Retail Sales Unexpectedly Fall,Retail Sales MoM,"US Retail Sales Unexpectedly FallUnited States Retail Sales MoMUS retail trade dropped 0.2 percent from a month earlier in April 2019, following an upwardly revised 1.7 percent growth in March, which was the biggest increase in sales for one-and-a-half year. April's reading came in below market expectations of a 0.2 percent advance, due to declines in sales of motor vehicles, clothes, appliances, and building materials.2019-05-15T12:35:00"
US NY Empire State Manufacturing Index at 6-Month High,NY Empire State Manufacturing Index,"US NY Empire State Manufacturing Index at 6-Month HighUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States rose to 17.8 in May 2019 from 10.1 in the previous month and beating market expectations of 8.5. It is the strongest reading in six months, as new orders (9.7 vs 7.5 in April) and shipments (16.3 vs 8.6) increased at a faster pace. Meanwhile, delivery times (0.7 vs 7.0) and inventories (-4.1 vs 8.4) moved slightly lower. Labor market indicators pointed to small increases in employment (4.7 vs 11.9) and hours worked (4.4 vs 4.3). Price indexes were little changed, suggesting that prices increased at about the same pace as last month. Looking ahead, the six-month outlook indicated that firms were significantly more optimistic about future conditions.2019-05-15T12:32:00"
US MBA Mortgage Applications Fall in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 0.6 percent in the week ended May 10th 2019, following a 2.7 percent gain in the previous week, data from the Mortgage Bankers Association showed. Refinance applications dropped 0.5 percent and applications to purchase a home declined 0.6 percent. The average fixed 30-year mortgage rate went down by 1bps to 4.40 percent.2019-05-15T11:01:47.957"
US Stocks Rebound Moderately on Tuesday,Stock Market,"US Stocks Rebound Moderately on TuesdayUnited States Stock MarketWall Street rebounded Tuesday 14 May 2019, recovering some of the steep losses in the previous session, amid ongoing trade tensions with China. Uber shares led gains, rising 7.7% during the session. The Dow Jones gained 207 points or 0.8%. The S&P 500 climbed 23 points or 0.8%. The Nasdaq jumped 88 points or 1.1%.2019-05-14T20:08:00"
US Stocks Rebound after Sharp Sell-off,Stock Market,"US Stocks Rebound after Sharp Sell-offUnited States Stock MarketUS stocks traded in the green on Tuesday, recovering from a steep sell-off in the previous session, amid ongoing trade tensions with China. The Dow Jones rose 187 points, or 0.7%,to 25,512 after Monday's 617 points drop; the S&P 500 gained 23 points, or 0.8%, to 2,836; and the Nasdaq was up 72 points, or 1%, to 7,719 around 10:30 AM NY time.2019-05-14T14:22:00"
US Import Price Growth Below Forecast,Import Prices MoM,"US Import Price Growth Below ForecastUnited States Import Prices MoMUS import prices rose 0.2 percent from a month earlier in April 2019, following a 0.6 percent gain in March and missing market expectations of 0.7 percent. Import fuel prices were up 2.5 percent (vs 6.9 percent in March), boosted by a 6.1 percent advance in petroleum prices while natural gas cost slumped 53.7 percent, the largest decrease since the index was first published on a monthly basis in December 1994. Meanwhile, nonfuel import prices edged down 0.1 percent in April (vs -0.2 percent in March), as cost for capital goods dropped 0.4 percent, the biggest decline since March 2009, while prices for foods, feeds, and beverages increased. Year-on-year, import prices dropped 0.2 percent in April, driven by lower nonfuel prices.2019-05-14T12:35:00"
US Export Prices Rise Less than Expected in April,Export Prices MoM,"US Export Prices Rise Less than Expected in AprilUnited States Export Prices MoMExport prices in the US rose 0.2 percent month-over-month in April 2019, following a downwardly revised 0.6 percent gain in the previous month and below market expectations of a 0.5 percent increase. Cost of nonagricultural exports led the overall advance in April and more than offset a decline in prices for agricultural exports. Prices of nonagricultural export increased 0.4 percent, after rising 0.7 percent the previous month, mainly driven by cost of nonagricultural industrial supplies and materials and automotive vehicles. Meanwhile, cost of agricultural exports fell 1.5 percent, following a 1.0 percent increase in March, mostly due to vegetables (-17.2 percent), fruits (-6.8 percent) and corn (-2.6 percent). Year-on-year, export prices went up 0.3 percent, after a 0.6 percent gain in March and missing market forecasts of a 0.6 percent rise.2019-05-14T12:31:00"
US NFIB Business Optimism Beats Forecasts,NFIB Business Optimism Index,"US NFIB Business Optimism Beats ForecastsUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US rose to 103.5 in April 2019 from 101.8 in the previous month and above market expectations of 102.3. The latest reading remained at a historically strong level consistent with solid growth and keeping the economy at full employment. One Index component fell, one was unchanged, and eight improved. Labor market indicators improved, with a solid gain in job creation plans and continued reports of strong hiring. Last month’s soft spot in inventories improved and profit trends posted a very solid advance. Additionally, expectations for sales, business conditions and credit conditions all posted gains. Inflation pressures remained subdued, even though reports of compensation gains are at historically high levels. 2019-05-14T09:20:00"
US Stocks Suffer Worst Session Since January on Trade Tensions,Stock Market,"US Stocks Suffer Worst Session Since January on Trade TensionsUnited States Stock MarketWall Street plummeted on Monday 13 2019, falling the most in a session since January amid intensified trade tensions between the world’s two largest economies, after China announced a hike in tariffs from 10% to 25% on $60 billion of US goods starting on June 1st as a retaliation to US Friday’s levies rise. The Dow Jones plunged 617 points or 2.4%. The S&P 500 retreated 70 points or 2.4%. The Nasdaq plummeted 270 points or 3.4%. The Dow and S&P 500 had their worst day since January 3 and the Nasdaq had its worst day of 2019 and biggest one-day drop since December 4, 2018.2019-05-13T20:04:00"
US Stocks Plunge as Beijing Retaliates,Stock Market,"US Stocks Plunge as Beijing RetaliatesUnited States Stock MarketUS stocks fell sharply on Monday, after Beijing said it will raise tariffs on $60 billion of US goods from June 1st. Last week’s trade negotiations ended without a deal, following a tariff hike by Washington on $200 billion worth of Chinese goods. The Dow Jones plunged 591 points, or 2.3%, to 25,351; the S&P 500 lost 69 points, or 2.4%, to 2,813; and the Nasdaq slumped 243 points, or 3.1%, to 7,674 around 10 AM ET.2019-05-13T13:44:00"
Dow Jones Futures Down More than 450 Points,Stock Market,"Dow Jones Futures Down More than 450 PointsUnited States Stock MarketUS stock futures pointed to sharp losses on Monday after China decided to hike tariffs on $60 billion worth of US imports, starting on June 1, escalating further the trade dispute. Around  8:30 AM ET, Dow Jones futures were down 472 points, S&P 500 futures pointed to a loss of 1.7% while Nasdaq 100 futures indicated a drop of 2.4%.2019-05-13T12:41:56.573"
US Stocks Revert Deep Losses to Close Higher on Friday,Stock Market,"US Stocks Revert Deep Losses to Close Higher on FridayUnited States Stock MarketWall Street closed mixed on Friday 10 May 2019, as investors reacted positively from President Trump comments that conversations with China over trade policy will continue, paring deep losses earlier in the session. The Dow Jones gained 114 or 0.4%. The S&P 500 climbed 11 points or 0.4%. The Nasdaq edged up 6 points or 0.1%.2019-05-10T20:19:00"
US Budget Surplus Narrows Sharply in April,Government Budget Value,US Budget Surplus Narrows Sharply in AprilUnited States Government Budget ValueThe US government budget surplus narrowed to USD 160 billion in April 2019 from USD 214 billion in the same month last year and compared to market expectations of USD 165 billion. Federal spending surged 27 percent on the year while receipts were up 5 percent.2019-05-10T18:05:55.657
US Stocks Extend Losses,Stock Market,"US Stocks Extend LossesUnited States Stock MarketUS stocks fell on Friday as investors await further news on trade negotiations after President Trump tweeted that there is ""no rush"" to reach an agreement with Beijing and that the process to impose 25% tariffs on the remaining USD 325 billion of Chinese goods has already begun. The Dow Jones dropped 277 points, or 1.1%, to 25,551; the S&P 500 lost 38 points, or 1.3%, to 2,833; and the Nasdaq plunged 125 points, or 1.6%, to 7,790.2019-05-10T14:46:19.5"
US Inflation Rate Rises to 5-Month High,Inflation Rate,"US Inflation Rate Rises to 5-Month HighUnited States Inflation RateThe US annual inflation rate rose to 2 percent in April 2019 from 1.9 percent in the previous month, just below forecasts of 2.1 percent. It was the highest rate since last November, led by a rebound in energy prices. The core inflation rate, which excludes volatile items such as food and energy, edged up to 2.1 percent from 2 percent in March, matching market expectations.2019-05-10T12:32:00"
US Stocks Decline on Sticky Trade Policy Uncertainty,Stock Market,"US Stocks Decline on Sticky Trade Policy UncertaintyUnited States Stock MarketWal Street closed moderately in the red on Thursday 9 May 2019, as fears that a deal may not be reached before tariffs’ rise on Chinese imports on Friday hit sentiment after US President Donald Trump said China “broke the deal” on trade. The Dow Jones lost 139 points or 0.5%. The S&P 500 retreated 9 points or 0.3%. The Nasdaq declined 33 points or 0.4%.2019-05-09T20:11:00"
US 10-Year Yield Inverts Briefly for 2nd Time this Year,Government Bond 10Y,"US 10-Year Yield Inverts Briefly for 2nd Time this YearUnited States Government Bond 10YThe yield on the US 10-year Treasury note was down to 2.426% on Thursday, amid rising uncertainties over a trade dispute between the world’s two largest economies after the US threatened to raise tariffs on China. On Wednesday, US President Donald Trump said Beijing ""broke the deal"" on trade and confirmed plans to hike tariffs on Chinese imports on Friday, after rising expectations earlier in the day that a treaty was likely. Meanwhile, recent data from the US Census Bureau showed the country’s trade deficit widened in March while that with China fell to a five-year low. The US 10-year yield fell temporarily below the US 3-month Bill yield at 2.429% for the second time this year, which usually is seen as a sign of an economic recession in the near future.
2019-05-09T15:46:00"
US Stocks Resume Sell-Off,Stock Market,"US Stocks Resume Sell-OffUnited States Stock MarketUS stock markets traded deep in the red on Thursday after President Donald Trump said Beijing ""broke the deal"" on trade and confirmed plans to hike tariffs on Chinese imports on Friday. The Dow Jones plunged 330 points, or 1.3%, to 25,637; the S&P 500 lost 37 points, or 1.2%, to 2,844; and the Nasdaq slumped 129 points, or 1.6%, to 7,815 around 10:30 AM NY time.2019-05-09T14:23:25.627"
US March Wholesale Inventories Revised Down,Wholesale Inventories,"US March Wholesale Inventories Revised DownUnited States Wholesale InventoriesUS wholesale inventories fell 0.1 percent from a month earlier in March 2019, instead of being unchanged as previously reported and after an upwardly revised 0.4 percent gain in February. Auto stocks dropped 0.9 percent after edging up 0.1 percent in the prior month, while wholesale apparel inventories increased 1.7 percent, easing from a 2 percent rise. Year-on-year, wholesale inventories grew 6.7 percent in March.2019-05-09T14:05:00"
US Imports Rise 1.1% in March,Imports,"US Imports Rise 1.1% in MarchUnited States ImportsImports to the US increased USD 2.8 billion from a month earlier to USD 262.0 billion in March 2019. Goods imports advanced USD 2.6 billion to USD 214.1 billion, led by industrial supplies and materials (up USD 2.4 billion), in particular crude oil, organic chemicals and other petroleum products. Also, food imports rose USD 1.0 billion to the highest on record. Consumer goods imports, however, fell USD 0.7 billion amid declines in purchases of cellphones and other household goods. Imports of services, including travel and maintenance and repair services, increased USD 0.2 billion to USD 47.8 billion in March. On a non seasonally adjusted basis, goods imports rose from the EU (18.8 percent), Canada (19.2 percent), Japan (14.6 percent), Mexico (13.5 percent), Brazil (16.4 percent) and OPEC (8.2 percent). Imports from China slumped 6.1 percent.2019-05-09T12:37:00"
US Exports Rise 1% in March,Exports,"US Exports Rise 1% in MarchUnited States ExportsExports from the US rose USD 2.1 billion from the previous month to USD 212.0 billion in March 2019. Goods exports increased USD 2.0 billion to USD 141.7 billion, boosted by sales of industrial supplies and materials (up USD 1.7 billion), such as natural gas liquids, fuel oil, metallurgical grade coal, and other petroleum products. In addition, exports of foods, feeds, and beverages were up USD 0.8 billion, led by soybeans. By contrast, sales of civilian aircraft dropped USD 0.7 billion. Exports of services, including maintenance and repair services, and financial services, increased less than USD 0.1 billion to USD 70.3 billion in March. On a non seasonally adjusted basis, goods exports rose to all major trade partners: China (23.6 percent); Japan (18.3 percent); Canada (13.3 percent); the EU (7.2 percent); Mexico (8.0 percent), Brazil (22.9 percent) and OPEC (25.3 percent).2019-05-09T12:36:00"
US Producer Prices Rise 0.2% MoM in April,Producer Prices Change,"US Producer Prices Rise 0.2% MoM in AprilUnited States Producer Prices ChangeProducer prices for final demand in the US increased 0.2 percent from a month earlier in April of 2019, easing from a 0.6 percent gain in March and in line with market expectations. Energy cost rose 1.8 percent, slowing from a 5.6 percent jump in March and services inflation eased to 0.1 percent in April from 0.3 percent. Meanwhile, food prices decreased 0.2 percent, down from a 0.3 percent advance in the prior month. The core index, which excludes food and energy, edged up 0.1 percent from the previous month, after a 0.3 percent gain in March and below consensus of 0.2 percent. On a yearly basis, producer prices rose 2.2 percent and the core index advanced 2.4 percent.2019-05-09T12:33:00"
US Trade Surplus Widens in March,Balance of Trade,US Trade Surplus Widens in MarchUnited States Balance of TradeThe US trade deficit widened to USD 50.0 billion in March 2019 from an eight-month low of USD 49.3 billion in the previous month and compared to market expectations of USD 50.2 billion. The politically sensitive goods trade deficit with China decreased to a five-year low.2019-05-09T12:32:23.85
US Initial Jobless Claims Fall Less than Expected,Initial Jobless Claims,"US Initial Jobless Claims Fall Less than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment dropped by 2 thousand to 228 thousand in the week ending May 4th 2019 from the previous week's unrevised level of 230 thousand. It compares with market expectations of 220 thousand. According to unadjusted data, the largest decreases were observed in New Jersey (-6,343), Connecticut (-3,204) and California (-1,277) while the biggest rises were recorded in New York (+9,514) and Illinois (+2,098).


2019-05-09T12:31:00"
US Crude Oil Inventories Unexpectedly Fall,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly FallUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States decreased by 3.963 million barrels in the week ended May 3rd 2019, following a 9.934 million rise in the previous week and compared with market expectations of a 1.215 million gain. It is the biggest drop in crude inventories since the week ended 22nd February. Meanwhile, gasoline inventories fell by 0.596 million, after a 0.917 million gain in the prior week and above market expectations of a 0.434 million decline. 2019-05-08T14:31:00"
US Stocks Try to Rebound,Stock Market,"US Stocks Try to ReboundUnited States Stock MarketUS stocks swung between gains and losses on Wednesday amid escalating trade tensions, after President Trump tweeted that Chinese Vice Premier Liu He is heading to Washington to “make a deal” on trade. Meanwhile, the US Trade Representative has officially filed the Federal Register notice to hike tariffs on Chinese imports just after midnight on Friday morning.2019-05-08T13:58:00"
US MBA Mortgage Applications Rebound in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Rebound in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 2.7 percent in the week ended May 3rd 2019, rebounding from a 4.3 percent decline in the previous week, data from the Mortgage Bankers Association showed. Refinance applications advanced 0.8 percent and applications to purchase a home increased 4.2 percent. The average fixed 30-year mortgage rate went down by 1bps to 4.41 percent.2019-05-08T11:01:06.227"
US Stocks Plummet on Tuesday on Renewed Trade Tensions,Stock Market,"US Stocks Plummet on Tuesday on Renewed Trade TensionsUnited States Stock MarketWall Street closed deeply in the red on Tuesday 7 May 2019 to extend Monday's losses, as renewed trade tensions raised concerns about global economic growth, after US Trade Representative Lighthizer said higher tariffs on $200 billion worth of Chinese goods will take effect on Friday. A new round of trade talks is still scheduled for May 9-10. The Dow Jones plummeted 473 points or 1.8%. The S&P 500 retreated 48 points 1.7%. The Nasdaq plunged 160 points or 2.0%.2019-05-07T20:05:00"
US Consumer Credit Growth Lowest in 9 Months,Consumer Credit,"US Consumer Credit Growth Lowest in 9 MonthsUnited States Consumer CreditConsumer credit in the United States went up by USD 10.28 billion in March 2019, following an upwardly revised USD 15.45 billion gain in the previous month (vs preliminary USD 15.19 billion) and below market expectations of a USD 16.0 billion rise. This is the slowest increase in total consumer credit since last June, when it reached USD 8.84 billion. Revolving credit including credit card borrowing declined USD 2.2 billion, after an upwardly revised 3.1 billion climb in February. Meantime, non-revolving credit including loans for education and automobiles jumped USD 12.4 billion, matching an upwardly revised USD 12.4 billion increase in the prior month. Year-on-year, consumer credit went up 3.1 percent, easing from a 4.6 percent rise in February, as a 5 percent gain in non-revolving credit was partly offset by a 2.5 percent fall in revolving credit. 
2019-05-07T19:04:00"
"US Stocks Plunge on Trade, Growth Concerns",Stock Market,"US Stocks Plunge on Trade, Growth ConcernsUnited States Stock MarketUS stocks fell sharply on Tuesday as renewed trade tensions between the world's largest economies raised concerns about global economic growth, after US Trade Representative Lighthizer said higher tariffs on $200 billion worth of Chinese goods will take effect on Friday. A new round of trade talks is still scheduled for May 9-10. The Dow Jones slumped 1.2% to 26,121; the S&P 500 lost 1.2% to 2,897; and the Nasdaq dropped 1.3% to 8,014 around 10:30 AM NY time.2019-05-07T14:36:00"
US Economic Optimism Index at Over 15-Year High in May,Economic Optimism Index,"US Economic Optimism Index at Over 15-Year High in MayUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States rose to 58.6 in May 2019 from 54.2 in the prior month, reaching its highest level since February 2004. The Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months gained 2 points to 64.4, and the Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, increased 7 points to 55.8. Also, the Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, jumped by 4.1 points to 55.6.
2019-05-07T14:06:00"
US Job Openings Rise More than Expected,Job Offers,"US Job Openings Rise More than ExpectedUnited States Job OffersThe number of job openings in the US rose to 7.488 million in March 2019 from a nine-month low of 7.142 million in the previous month, easily beating market expectations of 7.240 million. Job openings increased in a number of industries, with the largest gains in transportation, warehousing, and utilities (+87,000), construction (+73,000), and real estate and rental and leasing (+57,000). By contrast, a decline was seen in federal government openings (-15,000).2019-05-07T14:04:00"
US Stocks Edge Lower Despite Late Comeback,Stock Market,"US Stocks Edge Lower Despite Late ComebackUnited States Stock MarketWall Street closed in the red on Monday 6 May 2019, as China’s government is considering cancelling this week’s talks after US President Donald Trump threatened to hike tariffs on $200 billion-worth of Chinese goods from 10% to 25% as of Friday and to impose 25% levies on an additional $325 billion of Chinese goods “shortly."" The Dow Jones fell 67 points or 0.3%. The S&P 500 decline 13 points or 0.5%. The Nasdaq retreated 41 points or 0.5%.2019-05-06T20:33:00"
US Stocks Slump on Trump Tariff Threat,Stock Market,"US Stocks Slump on Trump Tariff ThreatUnited States Stock MarketUS stock markets traded deep in the red on Monday, with tech and machinery shares among the worst performers, due to renewed concerns about trade negotiations ahead of Wednesday's talks. President Donald Trump threatened on Sunday to increase tariffs on $200 billion of Chinese goods to 25% from 10% and warned he could impose 25% levies on an additional $325 billion of Chinese goods “shortly."" The Dow Jones fell 1.3% to 26,152; the S&P 500 lost 1.3% to 2,909; and the Nasdaq plunged 1.5% to 8,046 around 15 minutes after the opening bell.2019-05-06T13:30:00"
US Stocks Rally on Jobs Report,Stock Market,"US Stocks Rally on Jobs ReportUnited States Stock MarketWall Street closed deeply in the green on Friday 3 May 2019, the US jobless rate fell to a low since December 1969 of 3.6 percent in April 2019 from 3.8 percent in the previous month, below market expectations of 3.8 percent. Also, tech stocks outperformed on Friday nudged by Amazon getting a boost from an investment by Warren Buffett’s Berkshire Hathaway. The Dow Jones climbed 197 points or 0.8%. The S&P 500 gained 28 points or 1.0%. The Nasdaq jumped 127 points or 1.6%.2019-05-03T20:09:00"
US Services Activity Growth at 21-Month Low: ISM,Non Manufacturing PMI,"US Services Activity Growth at 21-Month Low: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 55.5 in April 2019 from 56.1 in March and below market expectations of 57. The latest reading pointed to weakest expansion in the services sector since July 2017, mainly due to a slowdown in new orders and employment. Service providers remained mostly optimistic about overall business conditions, still there are concerns regarding employment resources.2019-05-03T14:03:00"
US Output Expansion Slowest since March 2017: Markit,Composite Pmi,"US Output Expansion Slowest since March 2017: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI stood at 53 in April 2019, little-changed from the preliminary estimate of 52.8 and down from 54.6 in March. The latest reading pointed to the weakest pace of expansion in the private sector since March 2017, as the upturn in new orders eased to a 24-month low while new export sales rose at a marginal rate. In addition, the pace of job creation was the slowest for two years and business expectations weakened to the lowest since June 2016. On the price front, input prices rose the least since September 2016 and output charge inflation fell to the lowest since October 2017.2019-05-03T14:02:10.52"
US Services Activity Growth Eases to 2-Year Low: Markit,Services PMI,"US Services Activity Growth Eases to 2-Year Low: MarkitUnited States Services PMIThe IHS Markit US Services PMI came in at 53 in April 2019, little-changed from a preliminary estimate of 52.9 and compared to March's 55.3. The latest reading signaled the slowest increase in services activity since March 2017, as new business growth eased to a two-year low and the rate of job creation was the weakest for two years. On the price front, input costs rose the least since October 2017 and output charge inflation eased to 18-month low. Looking ahead, optimism dipped to its lowest level since mid-2016 amid greater uncertainty and more intense competition.2019-05-03T13:57:07.82"
US Wholesale Inventories Unexpectedly Flat in March,Wholesale Inventories,"US Wholesale Inventories Unexpectedly Flat in MarchUnited States Wholesale InventoriesUS wholesale inventories were unchanged in March 2019, after a downwardly revised 0.1 percent gain in February and below market expectations of a 0.3 percent rise, advance figures showed. The decline in inventories of nondurable goods (-0.6 percent, after showing no growth) offset the increase in those of durable goods (0.3 percent vs 0.2 percent).



2019-05-03T12:36:00"
US Job Growth Surges in April,Non Farm Payrolls,"US Job Growth Surges in AprilUnited States Non Farm PayrollsNonfarm payrolls in the US increased by 263 thousand in April 2019, following a downwardly revised 189 thousand rise in March and easily beating market expectations of 185 thousand. Notable job gains occurred in professional and business services, construction,
health care, and social assistance.2019-05-03T12:32:01.163"
US Jobless Rate Falls to Lowest since 1969,Unemployment Rate,"US Jobless Rate Falls to Lowest since 1969United States Unemployment RateThe US unemployment rate fell to 3.6 percent in April 2019 from 3.8 percent in the previous month, below market expectations of 3.8 percent. It was the lowest jobless rate since December 1969, as the number of unemployed persons went down by 387 thousand to 5.8 million while employment declined by 103 thousand to 156.6 million. The participation rate dropped to 62.8 percent in April from 63 percent in March and lower than market consensus of 62.9 percent.2019-05-03T12:31:00"
US Wages Rise Less than Expected in April,Average Hourly Earnings,"US Wages Rise Less than Expected in AprilUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls increased by 6 cents, or 0.2 percent from the prior month to USD 27.77 in April 2019, the same pace as in the prior month and below market expectations of a 0.3 percent gain. That left the annual increase in wages at 3.2 percent, the same pace as in the prior month and below market consensus of a 3.3 percent rise. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to USD 23.31 in April.

2019-05-03T12:31:00"
US Stocks Extend Losses,Stock Market,"US Stocks Extend LossesUnited States Stock MarketWall Street extended losses on Thursday 2 May 2019, as stocks fell for a second day after Federal Reserve Chief Powell signaled no rate cut soon. The Dow Jones lost 122 points or 0.5%. The S&P 500 edged down 6 points or 0.2%. The Nasdaq retreated 13 points or 0.2%.2019-05-02T20:08:00"
US Factory Orders Rise the Most in 7 Months,Factory Orders,"US Factory Orders Rise the Most in 7 MonthsUnited States Factory OrdersNew orders for manufactured goods made in the US jumped 1.9 percent from a month earlier in March 2019, following a downwardly revised 0.3 percent drop in February and beating market expectations of a 1.5 percent gain. That was the largest increase in factory orders since August 2018, due mainly to strong demand for transportation equipment (7 percent vs -2.9 percent), in particular civilian aircraft and parts (31 percent vs -25.4 percent) and motor vehicles and parts (1.5 percent vs 0.1 percent). Demand also rose for computers and electronic products (2.2 percent vs 0.3 percent), furniture and related products (1.1 percent vs -2.6 percent), electrical equipment, appliances, and components (0.5 percent vs 1.4 percent), and machinery (0.1 percent vs -0.9 percent). Orders for non-defense capital goods excluding aircraft, which are seen as a measure of business spending plans on equipment, were up 1.4 percent in March.2019-05-02T14:03:00"
New York City Business Conditions Index at 13-Year High,Ism New York Index,"New York City Business Conditions Index at 13-Year HighUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States climbed 10.4 points from a month earlier to 77.3 in April 2019, easily beating market expectations of 66.7 and hitting the highest level since July 2006.2019-05-02T13:51:00"
US Labor Productivity Rises the Most since 2014,Productivity,"US Labor Productivity Rises the Most since 2014United States ProductivityLabor productivity in the US non-farm business sector rose by an annualized 3.6 percent during the first quarter of 2019, beating market expectations of 2.2 percent and following a 1.3 percent advance in the previous three-month period. That was the strongest increase in productivity since the third quarter of 2014, as output grew 4.1 percent and hours worked were up 0.5 percent. Year-on-year, productivity rose 2.4 percent, the largest annual gain since the third quarter of 2010, reflecting a 3.9-percent increase in output and a 1.5-percent advance in hours worked.2019-05-02T12:36:00"
US Labor Costs Unexpectedly Fall in Q1,Labour Costs,"US Labor Costs Unexpectedly Fall in Q1United States Labour CostsUnit labor costs in the US nonfarm business sector fell an annualized 0.9 percent in the first quarter of 2019, following an upwardly revised 2.5 percent rise in the previous period and well below market expectations of a 1.5 percent gain, a preliminary estimate showed. Hourly compensation went up 2.6 percent and labor productivity advanced 3.6 percent. Year-on-year, unit labor costs rose 0.1 percent, the lowest since the last quarter of 2013. 2019-05-02T12:32:00"
US Jobless Claims Unchanged in Latest Week,Initial Jobless Claims,"US Jobless Claims Unchanged in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits came in at 230 thousand in the week ending April 27th 2019, the same as the week before and compared with market expectations of 215 thousand. Jobless claims stood at its highest level since February 9th 2019. The volatility in recent weeks has been attributed to Easter holidays as well as school spring breaks. Also, a workers’ strike at the Stop & Shop supermarket chain likely influenced the recent surge. According to unadjusted data, the biggest rises were recorded in New York (+6,637), New Jersey (+2,964) and Delaware (+760) while the largest declines were seen in Massachusetts (-6,701), California (-2,731), Rhode Island (-2,461) and Connecticut (-1,763).
2019-05-02T12:31:00"
US Job Cuts Lowest Since August,Challenger Job Cuts,"US Job Cuts Lowest Since AugustUnited States Challenger Job CutsJob cuts announced by US-based employers fell by 34 percent to 40,023 in April 2019, the lowest level since last August, from 60,587 in the previous month. The biggest cuts were reported for Industrial Goods manufacturers (5,159), followed by Consumer Products manufacturers (4,705) and Automotive manufacturers (3,915). Still, April cuts were up 11 percent compared to 36,081 cuts announced in the same month of 2018. So far this year, employers have announced 230,433 job cuts, 31 percent higher than the 176,280 announced in the first four months of last year. 2019-05-02T11:40:00"
US Stocks Retreat on Wednesday,Stock Market,"US Stocks Retreat on WednesdayUnited States Stock MarketWall Street closed moderately in the red on Wednesday 1 May 2019, as the Fed kept the target range for the federal funds rate at 2.25 percent to 2.25 percent during its May meeting, saying that inflation has weakened despite that the economic activity has been rising at a solid rate and a strong labour market. The Dow Jones declined 163 points or 0.6%. The S&P 500 retreated 22 points or 0.8%. The Nasdaq lost 46 points or 0.6%. 2019-05-01T20:18:00"
US 10Y Bond Yield Hits 4-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 4-week low of 2.4587%2019-05-01T18:25:16.16
"Fed Holds Rates as Expected, Reaffirms Patience Approach",Interest Rate,"Fed Holds Rates as Expected, Reaffirms Patience ApproachUnited States Interest RateThe Federal Reserve kept the target range for the federal funds rate at 2.25 percent to 2.25 percent during its May meeting, saying that inflation has weakened despite that the economic  activity has been rising at a solid rate and a strong labour market. The Committee also reaffirmed its position to be patient about future adjustments to the target range.2019-05-01T18:00:00"
US Crude Oil Inventories Rise the Most in Over 5 Months,Crude Oil Stocks Change,"US Crude Oil Inventories Rise the Most in Over 5 MonthsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 9.934 million barrels in the week ended April 26th 2019, after a 5.479 million increase in the previous week and well above market expectations of a 1.485 million gain. It is the biggest gain since the week ended November 9th 2018. Meanwhile, gasoline inventories went up by 0.917 million, following a 2.129 million drop in the prior week and compared with market expectations of a 1.005 million decline. It is the first gain in stocks of gasoline since the week ended February 8th 2019.2019-05-01T14:32:00"
US Construction Spending Unexpectedly Falls,Construction Spending,"US Construction Spending Unexpectedly FallsUnited States Construction SpendingUS construction spending decreased 0.9 percent from a month earlier to a seasonally adjusted annual rate of USD 1.28 trillion in March of 2019, following a downwardly revised 0.7 percent rise in the previous month and missing market expectations of a 0.1 percent gain. Investment in public construction dropped 1.3 percent after rising 3.2 percent in February and spending on private construction declined 0.7 percent to the lowest level since August of 2017, after slipping 0.2 percent in the prior month. 2019-05-01T14:02:00"
US Factory Activity Growth at 2-1/2-Year Low: ISM,Business Confidence,"US Factory Activity Growth at 2-1/2-Year Low: ISMUnited States Business ConfidenceThe ISM Manufacturing PMI in the US fell to 52.8 in April 2019 from 55.3 in March, below market expectations of 55. The latest reading pointed to the weakest growth in factory activity since October 2016, amid slower increases in new orders, production and employment.2019-05-01T14:01:00"
US Manufacturing Activity Growth Revised Higher: Markit,Manufacturing PMI,"US Manufacturing Activity Growth Revised Higher: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised higher to 52.6 in April 2019 from the previous month and preliminary reading of 52.4. The reading pointed to the second softest expansion in factory activity since June 2017. Output and new orders went up from March's recent lows, with new business rising at strongest pace in three months. Meanwhile, the job creation rate advanced at the weakest in nearly two years.2019-05-01T13:47:00"
US Stocks Open Higher Ahead Fed Decision,Stock Market,"US Stocks Open Higher Ahead Fed DecisionUnited States Stock MarketWall Street opened higher on Wednesday, as investors await the highly anticipated Fed monetary policy decision later in the day. No changes in the fed funds rate are expected although investors will be looking for updated economic projections. Also, Apple’s (+4.7%) earnings report beat expectations and strong private jobs data for April lifted investors’ sentiment. The Dow Jones was up 0.2%, the S&P 500 increased 0.2% and the Nasdaq traded 0.4% around 6 minutes after the opening bell.2019-05-01T13:37:00"
US Companies Add More Jobs than Expected: ADP,ADP Employment Change,"US Companies Add More Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 275 thousand workers in April 2019, more than an expected 180 thousand gain and compared to March's upwardly revised 151 thousand increase. It was the largest payroll increase since July last year. The service-providing sector added 223 thousand jobs, driven mostly by professional & business (59 thousand), education & health (54 thousand), leisure & hospitality (53 thousand), and trade, transportation & utilities (37 thousand). Also, the goods-producing sector added 52 thousand jobs, mainly in the construction (49 thousand) and manufacturing sectors (5 thousand), while the natural resources & mining sector shed 2 thousand jobs.2019-05-01T12:20:00"
US Mortgage Applications Fall for 4th Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 4th Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States decreased 4.3 percent in the week ended April 26th 2019, following a 7.3 percent fall in the previous week, data from the Mortgage Bankers Association showed. Refinance applications dropped 5.0 percent and applications to purchase a home fell 3.7 percent. The average fixed 30-year mortgage rate went down by 4bps to 4.42 percent.2019-05-01T11:01:41.867"
Apple earnings at 2.46 USD,Earnings,Apple earnings at 2.46 USDUnited States EarningsApple (AAPL) released earnings per share at 2.46 USD.2019-04-30T20:55:17.017
US Stocks Close Mixed on Tuesday,Stock Market,"US Stocks Close Mixed on TuesdayUnited States Stock MarketWall Street closed mixed on 30 April 2019, as a 7.5% decline in Alphabet shares dragged tech stocks. The Dow Jones edged up 38 points or 0.1% to 26,593 and the S&P 500 inched up 3 points or 0.1% to a new record of 2946. In contrast, the Nasdaq lost 54 points or 0.7% to 8108.2019-04-30T20:05:00"
US Pending Home Sales Fall the Least in 6 Months,Pending Home Sales,"US Pending Home Sales Fall the Least in 6 MonthsUnited States Pending Home SalesContracts to buy previously owned US homes fell 1.2 percent from a year earlier in March of 2019, following a 4.9 percent drop in the previous month. It is the smallest decline in pending home sales since September of 2018 and it marks the 15th straight month of annual decreases. Sales dropped in the Midwest (-5 percent); West (-1.6 percent) and in the Northeast (-0.4 percent), while they went up in the South (0.7 percent). On a month-over-month basis, sales rose 3.8 percent, rebounding from a 1 percent fall in March and above market expectations of a 1.1 percent gain. 
2019-04-30T14:04:00"
Chicago PMI at Over 2-Year Low in April,Chicago Pmi,"Chicago PMI at Over 2-Year Low in AprilUnited States Chicago PmiThe MNI Chicago Business Barometer for the US fell sharply to 52.6 in April of 2019 from 58.7 in March and well below market expectations of 59. It is the lowest reading since January of 2017, as four of the five components declined. New orders fell for the second straight month and production pulled back significantly from March, to a level not seen since May 2016. Also, The employment indicator softened to the lowest level since October 2017. Factory gate prices saw the biggest monthly fall since December 2008, taking the indicator to the lowest level since March 2016, mainly due to steel prices. Meanwhile, order backlogs picked-up, moving above the 50-neutral level after a brief dip into contraction territory in March.2019-04-30T13:49:00"
US Home Price Growth Eases to 6-1/2-Year Low: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Price Growth Eases to 6-1/2-Year Low: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US increased 3 percent year-on-year in February 2019, easing from a revised 3.5 percent growth in the previous month and missing market expectations of 3.2 percent. It was the smallest annual gain in house prices since September 2012. Las Vegas reported the biggest increase in home prices (9.7 percent), followed by Phoenix (6.7 percent) and Tampa (5.4 percent), while the smallest gains were recorded in San Diego (1.1 percent), San Francisco (1.4 percent) and Los Angeles (1.8 percent). The national index, covering all nine US census divisions, rose 4 percent in February, down from 4.2 percent in the previous month. 2019-04-30T13:13:00"
US Employment Costs Rise 0.7% in Q1,Employment Cost Index,"US Employment Costs Rise 0.7% in Q1United States Employment Cost IndexCompensation costs for civilian workers in the US increased 0.7 percent in the first quarter of 2019, the same pace as in the previous three-month period and in line with market expectations. Wages and salaries, which make up about 70 percent of compensation costs, rose 0.7 percent (vs 0.6 percent in Q4) and benefit costs, which make up the remaining 30 percent of compensation, went up 0.7 percent (the same as in Q4). Year-on-year, employment costs grew 2.8 percent in the first quarter. 2019-04-30T12:33:43.357"
Alphabet earnings at 11.9 USD,Earnings,Alphabet earnings at 11.9 USDUnited States EarningsAlphabet (GOOGL) released earnings per share at 11.9 USD.2019-04-29T20:35:17.233
US Stocks Edge Higher on Monday,Stock Market,"US Stocks Edge Higher on MondayUnited States Stock MarketWall Street closed modestly in the green on Monday 29 April 2019, as investors remained cautious ahead of US-China trade negotiations and the Federal Reserve's monetary policy meeting this week. The Dow Jones inched up 11 points or less than 0.1% to 26554. The S&P 500 edged up 3 points ot 0.1% to a record 2943. The Nasdaq gained 16 points or 0.2% to a fresh high of 8162.2019-04-29T20:09:47.217"
Texas Manufacturing Activity Growth Beats Forecasts,Dallas Fed Manufacturing Index,"Texas Manufacturing Activity Growth Beats ForecastsUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 2 in April 2019 from a revised 6.9 in the previous month, still beating market expectations of -2.6. The production index, a key measure of state manufacturing conditions, rose 1.9 points to 12.4, indicating output growth accelerated slightly from March. In addition, other measures of manufacturing activity increased: new orders (9.8 vs 2.2); growth rate of orders (5.2 vs -2); capacity utilization (15.6 vs 9.4); and shipments (6.3 vs 5.8). Labor market measures suggested weaker employment growth but slightly stronger growth in workweek length in April: the employment index fell 7.6 points to 4.6, its lowest reading since the end of 2016; while the hours worked index came in at 8.1, up slightly from March. Looking ahead, the index of future general business activity was unchanged at 18.4, while the index of future company outlook edged up to 20.9 from 18.4. 2019-04-29T14:41:31.13"
US PCE Prices Rise 0.2% MoM in March,PCE Price Index Monthly Change,"US PCE Prices Rise 0.2% MoM in MarchUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure (PCE) price index in the United States rose 0.2 percent month-over-month in March of 2019, following a 0.1 percent gain in January. Prices for services went up 0.2 percent, unchanged from the previous month and cost of goods advanced 0.2 percent, after being flat in February, of which nondurables (0.6 percent compared to 0.1 percent) while durables (-0.5 percent compared to -0.3 percent). Excluding food and energy, PCE prices were flat, after a 0.1 percent increase in February. Year-on-year, the PCE price index increased 1.5 percent, above 1.3 percent in February and the core index advanced 1.6 percent, lower than 1.7 percent in February.2019-04-29T12:34:00"
US Consumer Spending Rises the Most in 9-1/2 Years,Personal Spending,"US Consumer Spending Rises the Most in 9-1/2 YearsUnited States Personal SpendingPersonal spending in the United States rose 0.9 percent from a month earlier in March 2019, beating market expectations of 0.7 percent and following a 0.1 percent gain in February. That was the biggest increase in personal spending since August 2009, buoyed by increases in consumption of durables, nondurables and services.2019-04-29T12:33:00"
US Personal Income Rises Less than Expected in March,Personal Income,"US Personal Income Rises Less than Expected in MarchUnited States Personal IncomeUS personal income increased 0.1 percent month-over-month in March 2019, following a 0.2 percent rise in the prior month and missing market expectations of a 0.4 percent gain. The increase in personal income primarily reflected hikes in compensation of employees and government social benefits to persons that were partially offset by decreases in personal interest income and farm proprietors’ income. Wages and salaries, the largest component of personal income, increased 0.4 percent in March after gaining 0.3 percent in February.




2019-04-29T12:32:00"
Week Ahead,Non Farm Payrolls,"Week AheadUnited States Non Farm PayrollsThe Fed and BoE will be deciding on interest rates next week, but no changes are expected. Other important releases include: US jobs report, ISM PMIs, personal income and outlays, PCE prices, construction spending and factory orders; UK consumer morale and Markit PMIs; Eurozone Q1 GDP growth, inflation and business survey; Germany consumer confidence and retail trade; China NBS PMIs and Caixin Manufacturing PMI; and Australia AIG PMIs. Markets will also react to US-China trade talks.2019-04-27T10:27:00"
"US Stocks Edge Higher on Friday, S&P and Nasdaq at Fresh Highs",Stock Market,"US Stocks Edge Higher on Friday, S&P and Nasdaq at Fresh HighsUnited States Stock MarketWall Street edged higher on Friday 26 April 2019, as US GDP grew by an annualized 3.2 percent in the first quarter of 2019, easily beating market expectations of 2 percent and following a 2.2 percent expansion in the previous three-month period. The Dow Jones gained 81 points or 0.3% to 26543. The S&P 500 climbed 14 points or 0.5% to a new record of 2940. The Nasdaq jumped 28 points or 0.3% to a new high of 8146.2019-04-26T20:19:36.56"
US April Consumer Sentiment Revised Higher,Consumer Confidence,"US April Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to 97.2 in April 2019 from a preliminary 96.9, as the consumer expectations sub-index came in stronger than initially thought.2019-04-26T14:03:29.057"
US Q1 GDP Growth Beats Forecasts,GDP Growth Rate,"US Q1 GDP Growth Beats ForecastsUnited States GDP Growth RateThe US economy grew by an annualized 3.2 percent in the first quarter of 2019, easily beating market expectations of 2 percent and following a 2.2 percent expansion in the previous three-month period. Growth was mainly supported by personal consumption expenditures (PCE), private inventory investment, exports, state and local government spending, and nonresidential fixed investment.2019-04-26T12:32:54.873"
Exxon Mobil earnings at 0.55 USD,Earnings,Exxon Mobil earnings at 0.55 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 0.55 USD.2019-04-26T12:02:32.48
Dollar Retreats from 23-Month Highs,Currency,Dollar Retreats from 23-Month HighsUnited States CurrencyThe dollar fell slightly from 23-month highs on Friday as investors waited to see whether US GDP data due out later will reinforce signs of economic strength. The dollar index was down 0.0607 or 0.06% to 98.1423 on Friday April 26 from 98.2030 in the previous trading session.2019-04-26T10:13:00
Amazon earnings at 7.09 USD,Earnings,Amazon earnings at 7.09 USDUnited States EarningsAmazon (AMZN) released earnings per share at 7.09 USD.2019-04-26T09:07:51.947
US Stocks Close Mixed,Stock Market,"US Stocks Close MixedUnited States Stock MarketWall Street closed mixed on Thursday 25 April 2019, as tech shares closed on new recorded nudged by better-than-expected earnings reports from Microsoft and Facebook. The Dow Jones lost 135 points or 0.5% to 26462. The S&P 500 edged down 1 point or less than 0.1% to 2926. In contrast, the Nasdaq climbed 17 points or 0.2% to 8119.2019-04-25T20:09:35.337"
Facebook earnings at 0.85 USD,Earnings,Facebook earnings at 0.85 USDUnited States EarningsFacebook (FB) released earnings per share at 0.85 USD.2019-04-25T14:05:39.383
Microsoft earnings at 1.14 USD,Earnings,Microsoft earnings at 1.14 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 1.14 USD.2019-04-25T14:05:36.487
US Stocks Trade Mixed,Stock Market,"US Stocks Trade MixedUnited States Stock MarketWall Street traded mixed on Thursday morning, ahead of a new round of corporate earnings and after 3M Co (-9.9%) slashed its 2019 earnings guidance and announced it would cut 2,000 jobs. Meanwhile, tech shares were among the best performers led by Microsoft (+4.4%) and Facebook (7.2%) after better-than-expected earnings reports. The Dow Jones fell 0.8% and the S&P 500 lost 0.1% while the Nasdaq traded 0.5% higher around 09:55 AM NY time.2019-04-25T14:05:00"
US Durable Goods Orders Rebound in March,Durable Goods Orders,"US Durable Goods Orders Rebound in MarchUnited States Durable Goods OrdersNew orders for US manufactured durable goods rose 2.7 percent from a month earlier in March 2019, rebounding from a downwardly revised 1.1 percent fall in February and above market expectations of a 0.8 percent gain. It is the biggest increase since August last year, led by transportation equipment.2019-04-25T12:32:00"
US Jobless Claims at 10-Week High,Initial Jobless Claims,"US Jobless Claims at 10-Week HighUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 37 thousand to 230 thousand in the week ended April 20th 2019 from the previous week’s revised level of 193 thousand and compared with market expectations of 200 thousand. Jobless claims hit the highest level since the week ended February 9h 2019. According to unadjusted data, the biggest rises were recorded in Massachusetts (+6,737); California (+5,360); Connecticut (+3,993) and New Jersey (+3,012) while the largest decreases were seen in Texas (-2,224); Arizona (-1,043); Washington (-992) and Michigan (-858).
2019-04-25T12:31:00"
Dollar Index Hits 23-month High,currency,Dollar Index Hits 23-month HighUnited States currencyUS Dollar increased to a 23-month high of 98.1892019-04-25T08:21:31.63
US Crude Oil Inventories Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 5.479 million barrels in the week ended April 19th of 2019, after a 1.396 million decrease in the previous week and compared with market expectations of a 1.255 million gain. Meanwhile, gasoline inventories fell by 2.129 million, following a 1.174 million drop in the prior week and compared with forecasts of a 1.042 million decline.2019-04-24T14:31:00"
US Mortgage Applications Fall the Most in 4 Months,Mortgage Applications,"US Mortgage Applications Fall the Most in 4 MonthsUnited States Mortgage ApplicationsMortgage applications in the United States fell 7.3 percent in the week ended April 19th 2019, the biggest drop in four months, following a 3.5 percent decline in the previous week, data from the Mortgage Bankers Association showed. Refinance applications plunged 11 percent and applications to purchase a home decreased 4.1 percent. The average fixed 30-year mortgage rate went up by 2bps to 4.46 percent.2019-04-24T11:03:00"
"S&P 500, Nasdaq Close at Record High",Stock Market,"S&P 500, Nasdaq Close at Record HighUnited States Stock MarketWall Street closed deeply in the green on Tuesday 23 April 2019 nudged by stronger-than-expected quarterly earnings reports from Twitter, Coca-Cola, United Technologies, Lockheed Martin and Procter & Gamble. The Dow Jones climbed 145 points or 0.6% to 26,656. The S&P 500 jumped 26 points or 0.9% to a record 2,934. The Nasdaq surged 106 points or 1.3% also to a record 8,121.2019-04-23T22:01:24.78"
"US Stocks Extend Gains, S&P 500 and Nasdaq Hit Records",Stock Market,"US Stocks Extend Gains, S&P 500 and Nasdaq Hit RecordsUnited States Stock MarketUS stocks rallied on Tuesday boosted by higher oil prices and stronger-than-expected quarterly earnings reports from Coca-Cola, United Technologies, Twitter, Lockheed Martin and Procter & Gamble. Meanwhile, Texas Instruments, eBay and Stryker are set to release their latest quarterly results after market close. The Dow Jones climbed 0.6% to 26,677; the S&P 500 jumped 0.9% to a record 2,933; and the Nasdaq rose 1.2% also to a record 8,115 around 1 PM New York time.2019-04-23T17:09:48.203"
Dollar at Near 2-Year High,currency,"Dollar at Near 2-Year HighUnited States currencyThe dollar index hit a 22-month high of 97.712 on Tuesday after data showed new home sales in the US, which account for about 11.7 percent of housing market sales, increased for the third straight month in March to their highest level since November 2017, while markets had forecast a 2.5 percent fall. The data follows recent positive news on retail sales and exports.2019-04-23T14:15:00"
US New Home Sales Jump to Near 1-1/2-Year High,New Home Sales,"US New Home Sales Jump to Near 1-1/2-Year HighUnited States New Home SalesSales of new single-family houses in the United States rose 4.5 percent from the previous month to a seasonally adjusted annual rate of 692 thousand in March 2019, the highest level since November 2017, while markets had forecast a 2.5 percent fall to 650 thousand. It was the third straight monthly increase in new home sales, amid lower mortgage rates and house prices.2019-04-23T14:03:00"
US Fifth District Manufacturing Activity Below Forecasts,Richmond Fed Manufacturing Index,"US Fifth District Manufacturing Activity Below ForecastsUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 3 in April of 2019 from 10 in the previous month and well below market expectations of 10. Both shipments (-2 from 2 in March) and new orders (-2 from 9) dropped and slowdowns were seen in number of employees (18 from 23) and wages (25 from 33). On the other hand, inventories of finished goods rose at a faster pace (23 from 17). Meantime, price pressures eased for prices received (1.84 from 2.07) while accelerated for prices paid (3.04 from 2.84). Firms were optimistic, expecting conditions to improve in the next six months.2019-04-23T14:02:00"
US Stocks Open Higher on Corporate Earnings,Stock Market,"US Stocks Open Higher on Corporate EarningsUnited States Stock MarketUS stocks traded higher Tuesday following stronger-than-expected quarterly earnings reports from Coca-Cola, United Technologies, Twitter, Lockheed Martin and Procter & Gamble. Texas Instruments, eBay and Stryker are set to release their latest quarterly results after market close. The Dow Jones gained 0.1% to 26,547; the S&P 500 advanced 0.2% to 2,913; and the Nasdaq rose 0.3% to 8,041 around 10 minutes after the opening bell.2019-04-23T13:40:55.68"
US House Prices Rise 0.3% in February: FHFA,FHFA House Price Index MoM,"US House Prices Rise 0.3% in February: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.3 percent from a month earlier in February 2019, easing from a 0.6 percent increase in January and matching market expectations. The biggest monthly gain was recorded in the East South Central division (1.4 percent vs 0.1 percent in January), followed by the New England division (1.1 percent vs -0.6 percent) and the East North Central division (0.6 percent vs 1.1 percent). By contrast, price declines were seen in the Middle Atlantic division (-1.2 percent vs 0.8 percent) and the Mountain division (-0.5 percent vs 1 percent). Year-on-year, house prices were up 4.9 percent, slower than 5.6 percent in the previous month.2019-04-23T13:10:00"
US Existing Home Sales Fall More than Expected,Existing Home Sales,"US Existing Home Sales Fall More than ExpectedUnited States Existing Home SalesSales of previously owned houses in the US dropped 4.9 percent to a seasonally adjusted annual rate of 5.21 million in March 2019 from the previous month's 11-month high and compared to market expectations of a 3.8 percent fall. Sales of single family homes slumped 4.9 percent to 4.67 million, following a 12.6 percent jump in February, and sales of condos declined 5.3 percent to 0.54 million, after being unchanged in the previous month. The median house price increased to $259,400 from $250,100 in February and $249,800 a year earlier. The months' worth of supply went up to 3.9 from 3.6 in February. Year-on-year, existing home sales dropped 5.4 percent.2019-04-22T14:08:00"
Chicago Fed National Activity Index Below Forecasts,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Below ForecastsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index rose to -0.15 in March 2019 from a downwardly revised -0.31 in the previous month and below market expectations of +2.55. The contribution from production-related indicators to the CFNAI ticked up to -0.10 in March from -0.12 in February; and the sales, orders, and inventories category made a contribution of +0.05, up slightly from +0.01. Also, employment-related indicators contributed -0.03 in March, up from -0.15 in February, while the contribution of the personal consumption and housing category ticked down to -0.07 from -0.06.2019-04-22T12:35:54.92"
US Housing Starts Fall to Near 2-Year Low in March,Housing Starts,"US Housing Starts Fall to Near 2-Year Low in MarchUnited States Housing StartsHousing starts in the US fell 0.3 percent from a month earlier to a seasonally adjusted annual rate of 1,139 thousand units in March 2019, following an upwardly revised 12 percent decrease in February and compared with market expectations of a 6.5 percent gain. It was the largest decline in housing starts since May 2017, pulled down by persistent weakness in the single-family housing segment. Starts in the Midwest dropped sharply mostly due to flooding in the region.2019-04-19T12:33:00"
US Building Permits Unexpectedly Fall to 5-Month Low,Building Permits,"US Building Permits Unexpectedly Fall to 5-Month LowUnited States Building PermitsBuilding permits in the US fell 1.7 percent from a month earlier to a seasonally adjusted annual rate of 1,269 thousand in March of 2019 and compared with market expectations of a 0.3 percent gain to 1,300 thousand. Permits were at the lowest level since October of 2018, as single-family authorizations decreased 1.1 percent to 808 thousand and the volatile multi-family housing segment dropped 2.7 percent to 461 thousand. Across regions, permits declined in the Northeast (-9.6 percent to 122 thousand); Midwest (-3.6 percent to 185 thousand) and in the South (-4.6 percent to 644 thousand), but rose in the West (10 percent to 318 thousand). Permits for February were revised to 1,291 thousand from 1,296 thousand.2019-04-19T12:32:00"
The Dow Jones Index went up by 0.52%,Stock Market,"The Dow Jones Index went up by 0.52%United States Stock MarketUnited States Stock Market gained 136 points. Gains were led by UnitedHealth (2.40%), General Electric (2.36%) and Travelers Companies (2.26%). Biggest losers were Pfizer (-1.28%), Goldman Sachs (-1.09%) and Merck & Co (-1.06%).2019-04-18T20:30:04.747"
US Business Inventories Rise Less than Expected,Business Inventories,"US Business Inventories Rise Less than ExpectedUnited States Business InventoriesBusiness inventories in the United States increased 0.3 percent month-over-month in February 2019, following an upwardly revised 0.9 percent advance in January and missing market expectations of a 0.4 percent gain. Inventories at manufacturers rose 0.3 percent (vs 0.5 percent in January), as well as those at retailers (vs 0.8 percent in January). In addition, stocks at merchant wholesalers were up 0.2 percent (vs 1.2 percent in January). Retail inventories excluding autos, which go into the calculation of GDP, increased 0.4 percent in February after advancing 0.7 percent in the prior month.2019-04-18T14:06:26.35"
US Private Sector Activity at Over 2-1/2-Year Low,Composite Pmi,"US Private Sector Activity at Over 2-1/2-Year LowUnited States Composite PmiThe IHS Markit US Composite PMI fell to 52.8 in April 2019 from 54.6 in the previous month, a flash estimate showed.  The latest reading pointed to the softest expansion in the private sector since September 2016, as the services activity growth slowed to a 25-month low (PMI at 52.9 vs 55.3 in March), while manufacturing output held steady at a near two-year low (PMI at 52.4). New business growth eased and new orders softened for the second consecutive month to the weakest for two years. Also, backlogs increased at the slowest pace in 2019 to date and the job creation rate went up at the weakest since April 2017. On the price front, input cost inflation eased to 31-month low and output cost inflation slowed. Looking ahead, optimism declined to its lowest since June 2016.2019-04-18T13:54:00"
US Services Activity Growth at 25-Month Low: Markit,Services PMI,"US Services Activity Growth at 25-Month Low: MarkitUnited States Services PMIThe IHS Markit US Services PMI decreased to 52.9 in April 2019 from 55 in March and well below market forecasts of 55, a preliminary estimate showed. The latest reading pointed to the slowest expansion in the service sector since March 2017, as new business eased to a 2-year low. On the prices front, both input and output cost inflation slowed amid higher competition for new work and smaller rises in input prices. Finally, service providers revised down their output outlook for the year ahead and signalled a weaker rise in employment.2019-04-18T13:49:00"
US Manufacturing Growth Holds Steady at Near 2-Year Low: Markit,Manufacturing PMI,"US Manufacturing Growth Holds Steady at Near 2-Year Low: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI came in at 52.4 in April 2019, unchanged from the previous month's near two-year low and below market expectations of 52.8, a preliminary estimate showed. Output and new orders rose at a faster pace while employment growth was the weakest since June 2017.2019-04-18T13:48:00"
US Stocks Open Mostly Higher on Upbeat Economic Data,Stock Market,"US Stocks Open Mostly Higher on Upbeat Economic DataUnited States Stock MarketUS stocks traded higher on Thursday, after stronger-than-expected economic data showed US retail sales increased by the most in 1-1/2 years in March while jobless claims fell to more than a 49-1/2-year low last week. The Dow Jones gained 0.4% to 26,541; the S&P 500 added 0.1% to 2,904; while the Nasdaq traded near the flat line around 10 minutes after the opening bell.2019-04-18T13:41:19.58"
US Retail Sales Post Biggest Gain in 1-1/2 Years,Retail Sales MoM,"US Retail Sales Post Biggest Gain in 1-1/2 YearsUnited States Retail Sales MoMUS retail trade jumped 1.6 percent from a month earlier in March 2019, following a 0.2 percent drop in February and easily beating market expectations of a 0.9 percent advance. That was the biggest increase in retail trade since September 2017 boosted by sales of motor vehicles and a range of other goods.2019-04-18T12:33:07.75"
US Jobless Claims Drop to Fresh Low since 1969,Initial Jobless Claims,"US Jobless Claims Drop to Fresh Low since 1969United States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 5 thousand to 192 thousand in the week ended April 13th from the previous week’s revised level of 197 thousand and compared with market expectations of 205 thousand. This is the lowest level for initial claims since the week ended September 6th of 1969. According to unadjusted data, the largest decreases were seen in Tennessee (-2,292); Michigan (-1,244); Illinois (-1,127) and Arkansas (-916) while the biggest rises were recorded in California (+3,987); Connecticut (+1,057) and Washington (+864).2019-04-18T12:32:00"
Philadelphia Fed Manufacturing Index Below Forecasts,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Below ForecastsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States fell to 8.5 in April 2019 from 13.7 in the previous month and below market expectations of 10.4. A slowdown was seen in inventories (2.6 from 17.2 in March); and shipments (18.4 from 20). On the other hand, new orders (15.7 from 1.9); average workweek (11.2 from 10.6); and employment (14.7 from 9.6) increased. Meantime, prices paid accelerated (21.6 from 19.7) while prices received eased (20 from 24.7). The 6-month outlook declined to 19.1 from 21.8, its lowest reading since February 2016.2019-04-18T12:31:00"
US Crude Oil Inventories Unexpectedly Fall in Latest Week,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly Fall in Latest WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.396 million barrels in the week ended April 12th 2019, following a 7.029 million gain in the previous week and compared with market expectations of a 1.711 million rise. Meantime, gasoline inventories dropped by 1.174 million barrels, after a 7.71 million fall in the previous week and compared to forecasts of a 2.133 million decline.2019-04-17T14:31:00"
US Wholesale Inventories Rise Less than Expected,Wholesale Inventories,"US Wholesale Inventories Rise Less than ExpectedUnited States Wholesale InventoriesUS wholesale inventories increased 0.2 percent from a month earlier in February 2019, following a 1.2 percent advance in January and missing market expectations of a 0.5 percent gain. Wholesale auto stocks edged up 0.1 percent (vs 1.5 percent in January), while apparel inventories jumped 1.8 percent (vs 1.6 percent in January). Meanwhile, sales at wholesalers increased 0.3 percent in February (vs 0.5 percent in January), boosted by increases in sales of motor vehicles, furniture, professional equipment and electrical goods, while sales of wholesale groceries dropped the most since April 2004.2019-04-17T14:05:29.817"
US Imports Edge Up in February,Imports,"US Imports Edge Up in FebruaryUnited States ImportsImports of goods and services to the US increased 0.2 percent, or USD 0.6 billion, month-over-month to USD 259.1 billion. Goods imports went up USD 0.9 billion to USD 211.6 billion, as purchases of consumer goods were up USD 1.6 billion on the back of cell phones and other household goods (up USD 2.1 billion) and imports of other goods increased USD 0.5 billion. By contrast, industrial supplies and materials imports fell USD 1.2 billion. Also, imports of services decreased USD 0.3 billion to USD 47.5 billion, dragged down by transport (down USD 0.2 billion) and travel for all purposes including education (down USD 0.1 billion). On a non-seasonally adjusted basis, imports dropped from China (-20.2 percent); Brazil (-13.3 percent); the EU (-4.6 percent) and Japan (-1.2 percent).2019-04-17T12:36:00"
US Exports Rise 1.1% MoM,Exports,"US Exports Rise 1.1% MoMUnited States ExportsExports of goods and services from the US rose 1.1 percent, or USD 2.3 billion, from the previous month to USD 209.7 billion in February of 2019. Goods exports increased USD 2.1 billion to USD 139.5 billion, boosted by sales of civilian aircrafts (up USD 2.2 billion), and automotive vehicles, parts and engines (up USD 0.6 billion) while industrial supplies and materials exports decreased USD 0.4 billion. In addition, exports of services went up USD 0.2 billion to a record high of USD 70.1 billion, in particular transport (up USD 0.2 billion) and other business services, which includes research and development services; professional and management services; and technical, trade-related, and other services (up USD 0.1 billion). On a non-seasonally adjusted basis, exports advanced to China (18.2 percent); the EU (2.5 percent) and Canada (2.1 percent), but fell to Japan (-13.9 percent); Brazil (-13.1 percent);  Mexico (-7.8 percent) and OPEC (-3.3 percent).2019-04-17T12:33:00"
US Posts Smallest Trade Deficit in 8 Months,Balance of Trade,"US Posts Smallest Trade Deficit in 8 MonthsUnited States Balance of TradeThe US trade deficit narrowed to USD 49.4 billion in February 2019, the smallest since June 2018, from USD 51.1 billion in the previous month and compared to market expectations of USD 53.5 billion. Exports surged 1.1 percent while imports rose at a softer 0.2 percent amid ongoing trade negotiations with China.2019-04-17T12:33:00"
US Mortgage Applications Fall for 2nd Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States fell 3.5 percent in the week ended April 12th 2019, following a 5.6 percent decline in the previous week, data from the Mortgage Bankers Association showed. Refinance application decreased 8.2 percent while applications to purchase a home rose 0.9 percent. The average fixed 30-year mortgage rate went up by 4bps to 4.44 percent.2019-04-17T11:01:10.623"
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-week high of 2.5958%2019-04-17T06:43:47.937
"US Homebuilder Sentiment at 6-Month High, as Expected",Nahb Housing Market Index,"US Homebuilder Sentiment at 6-Month High, as ExpectedUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States increased to a six-month high of 63 in April of 2019 from 62 in each of the previous two months and in line with market expectations. The sub-index for current single-family home sales rose to 69 from 68 in March and that for prospective buyers went up to 47 from 44. Meanwhile, the gauge measuring home sales over the next six months edged down to 71 from 72.2019-04-16T14:02:00"
US Industrial Output Falls Unexpectedly,Industrial Production Mom,"US Industrial Output Falls UnexpectedlyUnited States Industrial Production MomUS industrial output edged down 0.1 percent from a month earlier in March 2019, reversing a 0.1 percent advance in February and missing market expectations of a 0.2 percent gain. Factory activity remained subdued, amid slowing global growth and ongoing trade tensions with China. In addition, mining output contracted.2019-04-16T13:18:00"
Johnson & Johnson earnings at 2.10 USD,Earnings,Johnson & Johnson earnings at 2.10 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.10 USD.2019-04-16T10:44:07.497
US Net International Capital Outflow in February,Capital Flows,"US Net International Capital Outflow in FebruaryUnited States Capital FlowsOverseas investors sold USD 21.6 billion of US assets, including short-dated instruments, in February 2019 after selling USD 143.7 billion in January, compared to expectations of a USD 13.3 billion inflow. Meanwhile, foreigners bought USD 51.9 billion of long-term US securities, including government and corporate, after selling USD 7.2 billion in the previous month. Foreign investors bought USD 19.9 billion of US treasuries, after selling USD 12 billion in January.2019-04-15T20:07:00"
New York State Manufacturing Growth Beats Forecasts,NY Empire State Manufacturing Index,"New York State Manufacturing Growth Beats ForecastsUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index in the United States rose to 10.1 in April 2019 from the previous month's near two-year low of 3.7 and comfortably above market expectations of 6.7. Increases were seen in new orders (7.5 vs 3.0 in March), shipments (8.6 vs 7.7), delivery times (7.0 vs 1.4) and inventories (8.4 vs 0.0). Labor market indicators pointed to a slowdown in employment gains (11.9 vs 13.8) and a small increase in hours worked (4.3 vs -3.4). The prices paid and prices received indexes moved lower, pointing to a slowing in both input price increases and selling price increases. Meanwhile, the six-month outlook fell to its lowest level in more than three years.2019-04-15T12:46:00"
US Stocks Close Higher on Friday,Stock Market,"US Stocks Close Higher on FridayUnited States Stock MarketWall Street closed in the green on Friday 12 April 2019 following stronger-than-expected US corporate earnings from J.P. Morgan, Wells Fargo, First Republic Bank and PNC. The Dow Jones gained 269 points or 1.0% to 26412. The S&P 500 rose 19 points or 0.7% to 2907. The Nasdaq climbed 37 points or 0.5% to 7984.2019-04-12T20:08:00"
US April Consumer Sentiment Weaker than Expected,Consumer Confidence,"US April Consumer Sentiment Weaker than ExpectedUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US fell to 96.9 in April 2019 from 98.4 in the previous month and below market consensus of 98.0, a preliminary estimate showed. There was a sharp decline in households' expectations.2019-04-12T14:02:25.633"
US Stocks Surge on Strong Corporate Earnings,Stock Market,"US Stocks Surge on Strong Corporate EarningsUnited States Stock MarketUS stocks rallied on Friday on the back of stronger-than-expected quarterly earnings results from J.P. Morgan, Wells Fargo, First Republic Bank and PNC. The Dow Jones jumped 271 points, or 1%, to 26,414; the S&P 500 rose 21 points, or 0.7%, to 2,909; and the Nasdaq gained 41 points, or 0.5%, to 7,989.2019-04-12T13:44:39.727"
US Import Prices Rise Above Forecasts on Higher Fuel Cost,Import Prices MoM,"US Import Prices Rise Above Forecasts on Higher Fuel CostUnited States Import Prices MoMUS import prices rose 0.6 percent from a month earlier in March 2019, following a revised 1 percent gain in February and beating market expectations of 0.4 percent. Import fuel prices climbed 6.4 percent in March after increasing 9.7 percent in February, boosted by both petroleum (4.7 percent) and natural gas (42.3 percent). Meanwhile, nonfuel import costs dropped 0.2 percent, reversing a 0.2 percent gain in February, as falling prices for capital goods, consumer goods, and nonfuel industrial supplies and materials more than offset an increase in the prices for foods, feeds, and beverages. Year-on-year, import prices were unchanged, with upward pressure coming from fuel prices, in particular natural gas prices, which posted the largest advance since March 2014; while nonfuel import prices declined 0.8 percent, the biggest drop since August 2016.2019-04-12T12:35:00"
US Export Prices Rise More than Expected in March,Export Prices MoM,"US Export Prices Rise More than Expected in March United States Export Prices MoMExport prices in the US increased 0.7 percent month-over-month in March 2019, unchanged from the previous month and above market expectations of a 0.2 percent rise. Prices for nonagricultural and agricultural exports each contributed to the overall advance in March. Prices of agricultural exports went up 0.9 percent, after rising 0.2 percent in February, mainly driven by cost of vegetables, dairy products and eggs. Meanwhile, cost of wheat, soybean, and corn dropped. Prices for nonagricultural exports advanced 0.7 percent, following a 0.8 percent gain in the prior month, mostly boosted by cost of nonagricultural industrial supplies and materials. Year-on-year, export prices increased 0.6 percent, after a 0.3 percent rise in February and below market consensus of a 1.1 percent gain.2019-04-12T12:32:00"
JPMorgan Chase earnings at 2.65 USD,Earnings,JPMorgan Chase earnings at 2.65 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 2.65 USD.2019-04-12T10:50:58.4
US Producer Prices Rise the Most in 5 Months,Producer Price Inflation MoM,"US Producer Prices Rise the Most in 5 MonthsUnited States Producer Price Inflation MoMProducer prices for final demand in the US climbed 0.6 percent from a month earlier in March 2019, following a 0.1 percent gain in February and easily beating market expectations of 0.3 percent. That was the largest increase since last October, as goods prices surged 1 percent, the most since May 2015, boosted by a 5.6 percent jump in energy costs. In addition, services prices rose 0.3 percent, as a 1.1 percent increase in cost for trade services was enough to offset a 0.8 percent decline in prices for transportation and warehousing services. The core index, which excludes food and energy, went up 0.3 percent from the previous month, after a 0.1 percent gain in February and also beating consensus of 0.2 percent. On a yearly basis, producer prices rose 2.2 percent and the core index advanced 2.4 percent.2019-04-11T12:33:00"
US Jobless Claims Drop to New 50-Year Low,Initial Jobless Claims,"US Jobless Claims Drop to New 50-Year LowUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 8 thousand to 196 thousand in the week ended April 6th from the previous week’s revised level of 204 thousand and compared with market expectations of 211 thousand. It is the lowest reading since the week ended October 4th 1969. According to unadjusted data, the largest decreases were seen in California (-1,714); Missouri (-499) and Idaho (-331) while the biggest rises were recorded in Michigan (+1,847); Tennessee (+1,492); Washington (+1,120) and Indiana (+1,097).2019-04-11T12:32:00"
US Stocks Edge Higher on Wednesday,Stock Market,"US Stocks Edge Higher on WednesdayUnited States Stock MarketWall Street closed modestly in the green on Wednesday 10 April 2019, as FOMC minutes for the March meeting showed that officials do not expect to make any changes to interest rate policy this year amid concerns about ongoing trade talks, Brexit negotiations and the possibility of a greater than expected economic slowdown in Europe and China. The Dow Jones edged up 7 points or less than 0.1% to 26157. The S&P 500 gained 10 points or 0.4% to 2888. The Nasdaq climbed 55 points or 0.7% to 7964.2019-04-10T20:05:00"
US March Budget Gap Smaller than Expected,Government Budget Value,US March Budget Gap Smaller than ExpectedUnited States Government Budget ValueThe US government budget deficit narrowed to USD 147 billion in March 2019 from USD 209 billion in the same month last year and compared to market expectations of a USD 180 billion gap. Federal spending dropped 10 percent on the year while receipts were up 9 percent.2019-04-10T18:35:14.36
Fed Reaffirms "Patient" Approach on Rates,Interest Rate,"Fed Reaffirms ""Patient"" Approach on RatesUnited States Interest RateFed officials do not expect to make any changes to interest rate policy this year amid concerns about ongoing trade talks, Brexit negotiations and the possibility of a greater than expected economic slowdown in Europe and China, minutes of the March meeting showed. Policymakers also noted that their views of the appropriate target range for the federal funds rate could shift in either direction based on incoming data and other developments.2019-04-10T18:25:36.883"
US Stocks Trade Mixed Ahead of Fed Minutes,Stock Market,"US Stocks Trade Mixed Ahead of Fed MinutesUnited States Stock MarketUS stocks traded mixed Wednesday as investors await the release of the FOMC meeting minutes later in the day and the start of the first-quarter earnings period this week, with forecasts pointing to the first quarter of contracting corporate earnings since 2016. The Dow Jones lost 26 points, or 0.1%, to 26,125; the S&P 500 rose 5 points, or 0.2%, to 2,883; and the Nasdaq advanced 37 points, or 0.5%, to 7,946.2019-04-10T15:18:48.937"
US Crude Oil Inventories Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 7.029 million barrels in the week ended April 5th 2019, following a 7.238 million gain in the previous week and compared with market expectations of a 2.294 million increase. Meanwhile, gasoline inventories fell by 7.71 million barrels, after a 1.781 million decrease in the previous week and compared to forecasts of a 2.009 million decline.2019-04-10T14:31:00"
US Core Consumer Prices Edge Up 0.1% MoM,Core Inflation Rate MoM,"US Core Consumer Prices Edge Up 0.1% MoMUnited States Core Inflation Rate MoMUS core consumer prices, excluding volatile items such as food and energy, increased 0.1 percent month-over-month in March 2019, the same pace as in the prior month and slightly below market expectations of a 0.2 percent gain. The indexes for shelter, medical care, new vehicles, recreation, education were among the indexes that rose in March, while the indexes for apparel, used cars and trucks, airline fares, communication and for motor vehicle insurance declined. Year-on-year, core consumer prices rose 2.0 percent, following a 2.1 percent increase in February and slightly below market consensus of a 2.1 percent gain.




2019-04-10T12:35:00"
US Inflation Rate Rises Above Forecasts in March,Inflation Rate,"US Inflation Rate Rises Above Forecasts in MarchUnited States Inflation RateThe US annual inflation rate rose to 1.9 percent in March 2019 from a two-and-a-half-year low of 1.5 percent in the previous month, slightly above market consensus of 1.8 percent. Food prices rose at faster pace while energy deflation eased. The core inflation rate, which excludes volatile items such as food and energy, edged down to 2 percent from 2.1 percent in February, just below forecasts of 2.1 percent.2019-04-10T12:32:00"
US MBA Mortgage Applications Fall in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 5.6 percent in the week ended April 5th 2019, following a 18.6 percent gain in the previous week, data from the Mortgage Bankers Association showed. Refinance application dropped 11.4 percent while applications to purchase a home rose 0.5 percent. The average fixed 30-year mortgage rate went up by 4bps to 4.40 percent.2019-04-10T11:01:52.457"
US Stocks Close Lower on Tuesday,Stock Market,"US Stocks Close Lower on TuesdayUnited States Stock MarketWall Street closed moderately lower on Tuesday 9 April 2019, as US-EU trade tensions increased after the Trump administration threatened to impose tariffs on $11 billion of European products and the bloc threatened to retaliate. Also, the IMF revised down its outlook for global economic growth to 3.3 percent in 2019 from 3.6 percent. The Dow Jones lost 190 points or 0.7% to 26151. The S&P 500 retreated 18 points or 0.6% to 2878. The Nasdaq shed 45 points or 0.6% to 7909.2019-04-09T20:09:00"
US Economic Optimism Index Edges Down in April,Economic Optimism Index,"US Economic Optimism Index Edges Down in AprilUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States decreased to 54.2 in April 2019 from 55.7 in the previous month. The Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months fell by 0.2 points to 62.4 and the Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, went down by 2.8 points to 48.8, with the index entering in negative territory. Also, the Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, declined by 1.4 points to 51.5.

2019-04-09T14:05:00"
US Job Openings Drop to 11-Month Low,Job Offers,"US Job Openings Drop to 11-Month LowUnited States Job OffersThe number of job openings in the US fell sharply to 7.087 million in February 2019 from an upwardly revised 7.625 million in the previous month, missing market expectations of 7.550 million. The number of job openings declined for total private (-523,000) and was little changed for government. There were less positions crated in accommodation and food services (-103,000), real estate and rental and leasing (-72,000), and transportation, warehousing, and utilities (-66,000). The number of job openings fell in the Northeast, South, and Midwest regions.2019-04-09T14:04:00"
US Small Business Optimism Remains Solid,NFIB Business Optimism Index,"US Small Business Optimism Remains SolidUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US came in at 101.8 in March 2019, little-changed from the previous month's 101.7 and above market expectations of 101.3. The latest reading remained at a historically strong level and signaled that small businesses continue to power the economy after being briefly shaken by January’s government shutdown. Five Index components improved, two were unchanged, and three fell. Labor market indicators improved; the outlook for expansion, real sales and reports of rising earnings gained ground; and capital spending plans held steady. The major soft spot was in inventories with stocks viewed as too large and plans to invest in inventories turning slightly negative, with more firms planning reductions than additions. 2019-04-09T10:22:00"
US Factory Orders Fall Less than Expected,Factory Orders,"US Factory Orders Fall Less than ExpectedUnited States Factory OrdersNew orders for manufactured goods made in the US fell 0.5 percent from a month earlier in February 2019, after being unchanged in January and compared to market expectations of a 0.6 percent drop. Transportation equipment orders led the decline, falling 4.5 percent (vs 0.4 percent in January), due to civilian aircraft (-31.1 percent vs 9.2 percent). Demand also decreased for: machinery (-0.6 percent vs 2.1 percent); computers and electronic products (-0.5 percent vs -1.9 percent); and furniture and related products (-1.9 percent vs 0.2 percent). By contrast, orders rose for electrical equipment, appliances, and components (1 percent vs 1.1 percent); primary metals (0.6 percent vs -1.8 percent); and fabricated metal products (0.1 percent vs -0.5 percent). Orders for non-defense capital goods excluding aircraft, which are seen as a measure of business spending plans on equipment, edged down 0.1 percent. Year-on-year, factory orders rose 2.4 percent in February. 2019-04-08T14:03:00"
US Stocks Trade Lower,Stock Market,"US Stocks Trade LowerUnited States Stock MarketUS stocks traded in the red Monday morning ahead of the start of the corporate earnings season this week, led by sharp declines in Boeing and General Electric shares. The losses followed the Bank of America Merrill Lynch's decision to lower its rating on Boeing to ""neutral"" from ""buy"", while J.P. Morgan cut its price target on GE stock to $5 from $6 a share, saying ""many investors are underestimating the severity of the challenges and underlying risks at GE"". The Dow Jones dropped 0.6% to 26,263; the S&P 500 fell 0.4% to 2,882; and the Nasdaq slid 0.5% to 7,901 around 15 minutes after the opening bell.2019-04-08T13:51:00"
US Stocks Edge Higher on Friday,Stock Market,"US Stocks Edge Higher on FridayUnited States Stock MarketWall Street closed moderately higher on Friday 5 April 2019, as US nonfarm payrolls increased by 196 thousand in March of 2019, following an upwardly revised 33 thousand rise in February and beating market expectations of 180 thousand. Meantime, the jobless rate stayed at 3.8 percent to match consensus. The Dow Jones gained 31 points or 0.1% to 26415. The S&P 500 edged up 12 points or 0.4% to 2892.  The Nasdaq climbed 45 points or 0.6% to 7937.2019-04-05T20:01:00"
US Consumer Credit Grows Below Expectations,Consumer Credit,"US Consumer Credit Grows Below ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 15.19 billion in February 2019, following an upwardly revised USD 17.72 billion gain in the previous month (vs preliminary USD 17.05 billion) and below  market expectations of a USD 17.0 billion rise. Revolving credit including credit card borrowing climbed USD 3.0 billion, little-changed from an upwardly revised USD 2.6 billion advance in January. Meantime, non-revolving credit including loans for education and automobiles rose by USD 12.2 billion, compared to an upwardly revised USD 15.1 billion increase in the prior month. Year-on-year, consumer credit went up 4.5 percent (vs 5.3 percent in January) as revolving and non-revolving credit increased by 3.4 percent and 4.9 percent, respectively.2019-04-05T19:05:00"
"US Economy Adds 196K Jobs, Beats Forecasts",Non Farm Payrolls,"US Economy Adds 196K Jobs, Beats ForecastsUnited States Non Farm PayrollsNonfarm payrolls in the US increased by 196 thousand in March of 2019, following an upwardly revised 33 thousand rise in February and beating market expectations of 180 thousand. Notable job gains were seen in health care and in professional and technical services. Employment growth averaged 180 thousand per month in the first quarter of 2019, compared with 223 thousand per month in 2018.2019-04-05T12:31:00"
US Jobless Rate Holds Steady at 3.8%,Unemployment Rate,"US Jobless Rate Holds Steady at 3.8%United States Unemployment RateThe US unemployment rate came in at 3.8 percent in March 2019, unchanged from the previous month's figure and in line with market expectations. The number of unemployed persons decreased by 24 thousand to 6.2 million while employment dropped by 201 thousand to 156.7 million. The participation rate fell to 63 percent in March from 63.2 in February.2019-04-05T12:31:00"
US Wages Rise 0.1% MoM in March,Average Hourly Earnings,"US Wages Rise 0.1% MoM in MarchUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls increased by 4 cents, or 0.1 percent from the prior month to USD 27.70 in March 2019, following a 0.4 percent gain in the previous month and below market expectations of a 0.3 percent increase. That left the annual increase in wages at 3.2 percent compared to a 3.4 percent rise in February and below market consensus of a 3.4 percent gain. Average hourly earnings of private-sector production and nonsupervisory employees increased by 6 cents, or 0.3 percent, to USD 23.24 in March.



2019-04-05T12:31:00"
US Stocks Close Mixed on Thursday,Stock Market,"US Stocks Close Mixed on ThursdayUnited States Stock MarketWall Street closed mixed on Thursday 4 April 2019, as US jobless claims were the lowest since 1969; President Trump delayed closing the US-Mexico border for at least a year, and China-US trade negotiations continued to progress favourably. The Dow Jones climbed 167 points or 0.6% to 26385. The S&P 500 edged up 6 points or 0.2% to 2879. In contrast, the Nasdaq inched down 4 points or less than 0.1% to 7892.2019-04-04T20:04:00"
Stocks in United States Hit 25-week High,Stock Market,Stocks in United States Hit 25-week HighUnited States Stock MarketDow Jones increased to a 25-week high of 262842019-04-04T13:36:32.267
US Jobless Claims Lowest since 1969,Initial Jobless Claims,"US Jobless Claims Lowest since 1969United States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits fell by 10 thousand to 202 thousand in the week ending March 30th from the previous week’s revised level of 212 thousand and compared with market expectations of 216 thousand. It is the  lowest reading since the week ended December 6th 1969. According to unadjusted data, the largest decreases were seen in Texas (-2,027), California (-1,755), Pennsylvania (-1,390) and Arkansas (-1,152) while the biggest rises were recorded in Illinois (1,362) and New York (465). 
2019-04-04T12:32:00"
US Job Cuts Fall in March; Q1 Total Highest in 10 Years,Challenger Job Cuts,"US Job Cuts Fall in March; Q1 Total Highest in 10 YearsUnited States Challenger Job CutsJob cuts announced by US-based employers fell by 21% to 60,587 in March of 2019 from 76,835 in the previous month, but were up by 0.4% from a year earlier. Most cuts were announced in the auto sector (8,838), energy (8,149), financial (4,884), retail (4,860) and media (3,365). Considering Q1, cuts totalled 190,410, 10.3% higher than the 172,601 cuts announced in Q4 2018 and 35.6% higher than the 140,379 announced Q1 2018. It is the highest quarterly total since Q3 2015, when 205,759 cuts were announced. It is also the highest first quarter total since 2009, when 562,510 cuts were recorded. The majority of cuts this year are due to “restructuring;” 49,868 cuts have been announced due to this reason. Bankruptcy claimed another 40,218 this year, a 33.8% increase over the first quarter of last year. Another 27,380 cuts were due to plant, unit, or store closings, 104.7% higher than the 13,374 cuts due to closings through this point last year.2019-04-04T11:36:00"
US Stocks Close Higher on Wednesday,Stock Market,"US Stocks Close Higher on Wednesday United States Stock MarketWall Street closed modestly in the green on Wednesday 3 April 2019 as hopes of a softer Brexit nudged and optimism surrounding US-China trade talks boosted sentiment, with an FT report citing substantial progress. The Dow Jones gained 39 points or 0.2% to 26219. The S&P 500 rose 6 points or 0.2% to 2873. The Nasdaq climbed 47 points or 0.6% to 7896.2019-04-03T20:06:00"
US Crude Oil Inventories Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly RiseUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 7.238 million barrels in the week ended March 29th 2019, following a 2.8 million gain in the previous week and compared with market expectations of a 0.425 million decline. It was the biggest increase since the week ended January 18th. Meanwhile, gasoline inventories dropped by 1.781 million barrels, after a 2.883 million decrease in the previous week and compared to forecasts of a 1.5 million fall.2019-04-03T14:31:00"
US Services Growth Lowest since 2017: ISM,Non Manufacturing PMI,"US Services Growth Lowest since 2017: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States slumped to 56.1 in March of 2019 from 59.7 in February, below market expectations of 58. The reading pointed to the weakest expansion in the services sector since August of 2017, amid a slowdown in production and new orders. Respondents remain mostly optimistic about overall business conditions and the economy but concerns remain about employment resources and capacity constraints.2019-04-03T14:05:37.193"
US Output Growth Eases in March: Markit,Composite Pmi,"US Output Growth Eases in March: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI came in at 54.6 in March 2019, slightly above the preliminary estimate of 54.3 and compared to February's final 55.5. Services activity growth remained strong (PMI at 55.3 vs 56 in February), while manufacturing output expanded at the slowest rate since June 2017 (PMI at 52.4 vs 53 in February). New export orders remained in expansionary territory and employment and backlogs increased at a modest pace. On the price front, input price inflation dipped to a two-year low and output charges rose at softer rate. Looking ahead, business confidence fell to the lowest since September 2016.2019-04-03T13:59:00"
US March Services Growth Revised Higher: Markit,Services PMI,"US March Services Growth Revised Higher: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 55.3 in March 2019 from a preliminary reading of 54.8 and compared to the previous month's final 56.0. New business rose at a solid pace, supported by an increase in new export business, while the rate of job creation slowed to the weakest since May 2017. In addition, outstanding business went up for a third straight month and the rate of backlog accumulation was the joint-fastest since November 2014. On the price front, input cost inflation came in below the series trend and output charge inflation eased to the weakest since October 2017. Looking ahead, business confidence dipped to the lowest level since December 2017.2019-04-03T13:53:00"
US Stocks Rise on Trade Optimism,Stock Market,"US Stocks Rise on Trade OptimismUnited States Stock MarketWall Street opened higher on Wednesday amid rising hopes the US and China are getting close to a trade deal and negotiations will continue in Washington on Wednesday. On Tuesday, a report from the FT showed the US and China resolved most of outstanding trade issues but are still haggling over how to implement and enforce the agreement. The Dow Jones was up 0.1%, the S&P 500 increased 0.3% and the Nasdaq traded 0.6% higher around 10 minutes after the opening bell.2019-04-03T13:46:10.923"
US Private Sector Adds Fewest Jobs in 18 Months,ADP Employment Change,"US Private Sector Adds Fewest Jobs in 18 MonthsUnited States ADP Employment ChangePrivate businesses in the United States hired 129 thousand workers in March 2019, fewer than an expected 170 thousand increase and compared to February's 197 thousand gain. It was the smallest payroll increase since September 2017. The service-providing sector added 135 thousand jobs, driven mainly by education & health (56 thousand), professional & business (41 thousand), leisure & hospitality (13 thousand), information (11 thousand), and trade, transportation & utilities (9 thousand). Still, employment in financial activities dropped 1 thousand. Meanwhile, the goods-producing sector shed 6 thousand jobs, mainly in the construction (-6 thousand) and manufacturing sectors (-2 thousand), while an increase was seen in natural resources & mining employment (2 thousand).2019-04-03T12:20:00"
US MBA Mortgage Applications Rise the Most in 12 Weeks,Mortgage Applications,"US MBA Mortgage Applications Rise the Most in 12 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States rose 18.6 percent in the week ended March 29th 2019, following an 8.9 percent gain in the previous week, data from the Mortgage Bankers Association showed. It is the biggest rise since the week ended January 4th. Refinance application increased 38.5 percent and applications to purchase a home advanced 3.4 percent. The average fixed 30-year mortgage rate fell by 9bps to 4.36 percent.2019-04-03T11:02:43.893"
New York City Business Conditions Improve in March,Ism New York Index,"New York City Business Conditions Improve in MarchUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States climbed 5.8 points from a month earlier to a four-month high of 66.9 in March 2019, following six consecutive months of declines. The prices paid sub-index rose to 66.7 from 60.7 in the previous month, while growth slowed for employment (59.5 vs 60.7); quantity of purchases (61.1 vs 65.4); current revenues (62.5 vs 76.9); and expected revenues (62.5 vs 65.4). Meanwhile, the Six-Month Outlook fell to a nearly 10-year low of 53.0 in March from 71.5 in February.2019-04-02T14:08:00"
US Durable Goods Orders Fall Less than Expected,Durable Goods Orders,"US Durable Goods Orders Fall Less than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods slumped 1.6 percent from a month earlier in February 2019, following a downwardly revised 0.1 percent gain in January and compared to market expectations of a 1.8 percent fall. Demand for transport equipment fell the most, followed by machinery and computers and electronic products. Meanwhile, orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, edged 0.1 percent lower, after increasing 0.9 percent in January.2019-04-02T12:32:00"
US Stocks Surge on Monday,Stock Market,"US Stocks Surge on MondayUnited States Stock MarketWall Street closed deeply in the green on Monday 1 April 2019, as concerns about global growth eased due to stronger-than-expected factory activity data in China and the US and optimism surrounding trade negotiations between the world's largest economies. The Dow Jones jumped 330 points or 1.3% to 26258. The S&P 500 climbed 33 points or 1.2% to 2867. The Nasdaq surged 100 points or 1.3% to 7829.2019-04-01T20:08:00"
Stocks in United States Hit 20-week High,Stock Market,Stocks in United States Hit 20-week HighUnited States Stock MarketDow Jones increased to a 20-week high of 262432019-04-01T19:52:05.127
US Construction Spending Climbs to 9-Month High,Construction Spending,"US Construction Spending Climbs to 9-Month HighUnited States Construction SpendingUS construction spending rose 1 percent from a month earlier to a seasonally adjusted annual rate of USD 1.32 billion in February 2019, the highest level in nine months, following an upwardly revised 2.5 percent surge in January and easily beating market expectations of a 0.2 percent drop. Investment in public construction grew 3.6 percent (vs 5.7 percent in January), led by federal government construction projects and state and local government construction outlays. In addition, spending on private construction rose 0.2 percent (vs -1.5 percent in January) on the back of private residential projects.2019-04-01T14:07:52.873"
US Factory Growth Beats Forecasts: ISM,Business Confidence,"US Factory Growth Beats Forecasts: ISMUnited States Business ConfidenceThe ISM Manufacturing PMI in the US rose to 55.3 in March of 2019 from 54.2 in February which was the lowest reading since November of 2016. It compares with market expectations of 54.5. Faster increases were seen for new orders, production and employment.2019-04-01T14:06:00"
US Business Inventories Rise More than Expected,Business Inventories,"US Business Inventories Rise More than ExpectedUnited States Business InventoriesBusiness inventories in the United States increased 0.8 percent month-over-month in January of 2019, the same pace as in the previous month and beating market expectations of a 0.5 percent gain. Inventories at wholesalers increased the most since September 2012 (1.2 percent vs 1.1 percent in December) and those at manufacturers also rose at a faster pace (0.5 percent vs 0.1 percent). Meanwhile, inventories at retailers went up less (0.8 percent vs 1.1 percent). Retail inventories excluding autos, which go into the calculation of GDP, increased 0.6 percent in January after rising 1.3 percent in the prior month. 

2019-04-01T14:02:00"
US Manufacturing PMI Revised Slightly Lower: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Slightly Lower: MarkitUnited States Manufacturing PMIThe IHS/Markit US Manufacturing PMI was revised slightly lower to 52.4 in March of 2019 from a preliminary of 52.5 and 53 in February. The reading pointed to the slowest growth in factory activity since June of 2017, amid softer increases in output and new orders. Yet, Q1 average was the lowest since Q3 2017.2019-04-01T13:49:03.263"
US Stocks Start Q2 on a Positive Note,Stock Market,"US Stocks Start Q2 on a Positive NoteUnited States Stock MarketWall Street opened higher on Monday, the first trading day of the second quarter of the year after both the official and the Caixin PMIs for China beat forecasts while trade talks between the US and China will continue this week in Washington. The Dow Jones went up 0.7%, the S&P 500 rose 0.8% and the Nasdaq traded 1% higher around 6 minutes after the opening bell. 2019-04-01T13:30:00"
US Retail Sales Unexpectedly Drop in February,Retail Sales MoM,"US Retail Sales Unexpectedly Drop in FebruaryUnited States Retail Sales MoMUS retail trade fell by 0.2 percent from a month earlier in February 2019, following an upwardly revised 0.7 percent growth in January and missing market expectations of a 0.3 percent gain. Sales fell for furniture, clothing, food and electronics and appliances, as well as building materials and gardening equipment.2019-04-01T12:32:42.66"
US Stocks End Firmly Higher on Trade Optimism,Stock Market,"US Stocks End Firmly Higher on Trade OptimismUnited States Stock MarketUS stock markets closed in the green Friday on renewed hopes that a trade could be reached between the US and China after Treasury Secretary Steven Mnuchin said he had a ""productive working dinner"" the previous night in Beijing. The Dow Jones climbed 0.8% to 25,929; the S&P 500 rose 0.7% to 2,834; and the Nasdaq increased 0.8% to 7,729. For the quarter, the Dow was up 12.4%; the S&P increased 14%, its strongest quarterly gain since the second quarter of 2009; and the Nasdaq rose 17.4%.2019-03-29T20:06:00"
Chicago PMI Lower than Expected,Chicago Pmi,"Chicago PMI Lower than ExpectedUnited States Chicago PmiThe MNI Chicago Business Barometer for the US fell to 58.7 in March of 2019 from 64.7 in February, below market expectations of 61. The March fall was led by three of the five components, with employment and supplier deliveries both increasing, albeit marginally. Production and new orders pulled back from last month. Also, the prices paid indicator saw the biggest monthly fall in 17 months, hitting the lowest level since August 2017. Considering Q1, the MNI Chicago PMI averaged 60, down 3.5 percent from Q4 2018 and 3.3 percent from Q1 2018. 
2019-03-29T14:21:18.95"
US Consumer Morale Revised Higher,Consumer Confidence,"US Consumer Morale Revised HigherUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to 98.4 in March 2019 from a preliminary 97.8, as the current economic conditions sub-index came in stronger than initially thought. The latest reading was slightly above the average of 97.2 recorded in the past 26 months.2019-03-29T14:05:41.967"
US New Home Sales at Near 1-Year High,New Home Sales,"US New Home Sales at Near 1-Year HighUnited States New Home SalesSales of new single-family houses in the United States rose 4.9 percent from the previous month to a seasonally adjusted annual rate of 667 thousand in February of 2019, following an upwardly revised 636 thousand in January and beating market expectations of 620 thousand. It is the highest reading since March of 2018 as sales increased in the Northeast, the Midwest and the South but were flat in the West.2019-03-29T14:05:00"
US Stocks Rise on Trade Deal Hopes,Stock Market,"US Stocks Rise on Trade Deal HopesUnited States Stock MarketWall Street traded higher in the last working day of the first quarter amid hopes the US and China could agree on a trade deal after the US Treasury Secretary Steven Mnuchin said in a tweet he had 'constructive trade talks in Beijing. I look forward to welcoming China’s Vice Premier Liu He to continue these important discussions in Washington next week'. The Dow Jones went up 0.4%, the S&P 500 increased 0.4% and the Nasdaq traded 0.6% higher around 10 minutes after the opening bell. 
2019-03-29T13:47:17.983"
PCE Prices in the US Fall 0.1% in January,PCE Price Index Monthly Change,"PCE Prices in the US Fall 0.1% in JanuaryUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure (PCE) price index in the United States edged down 0.1 percent month-over-month in January of 2019, reversing from a 0.1 percent rise in December. Prices for services went down 0.1 percent, after a 0.3 percent rise in the previous month and cost of goods was flat, after a 0.5 percent drop in December: nondurables (-0.2 percent compared to -0.7 percent) and durbales (0.4 percent compared to 0 percent). Excluding food and energy, PCE prices were up 0.1 percent, below 0.2 percent in December. Year-on-year, the PCE price index advanced 1.4 percent, below an upwardly revised 1.8 percent in December and the core index rose 1.8 percent, also lower than an upwardly revised 2 percent in December.2019-03-29T12:42:48.397"
US Personal Spending Rebounds Less than Expected,Personal Spending,"US Personal Spending Rebounds Less than ExpectedUnited States Personal SpendingPersonal spending in the United States edged up 0.1 percent from a month earlier in January, after falling 0.6 percent in December, the most in a decade. The latest reading came in below market expectations of a 0.3 percent gain, as an increase in consumption of nondurables and services offset a sharp decline in durables spending. 2019-03-29T12:32:00"
US Personal Income Rises Less than Expected in February,Personal Income,"US Personal Income Rises Less than Expected in FebruaryUnited States Personal IncomeUS personal income rose 0.2 percent month-over-month in February 2019, rebounding from a 0.1 percent fall in the previous month but below market expectations of a 0.3 percent gain. The increase in personal income primarily reflected gains in wages and salaries, government social benefits to persons, and proprietors’ income that were partially offset by a decline in personal interest income. Wages and salaries, the largest component of personal income, went up 0.3 percent in February, the same as in January.2019-03-29T12:31:00"
US Pending Home Sales Fall Faster in February,Pending Home Sales,"US Pending Home Sales Fall Faster in FebruaryUnited States Pending Home SalesContracts to buy previously owned US homes fell 4.9 percent from a year earlier in February of 2019, following an upwardly revised 2.6 percent decline in January. It marks the 14th straight month of annual decreases in pending home sales. Sales dropped in all 4 main regions: the West (-9.6 percent), the Midwest (-6.1 percent), the South (-2.9 percent) and the Northeast (-2.6 percent). On a month-over-month basis, sales shrank 1 percent, after a downwardly revised 4.3 percent rise in January and compared to market expectations of a 0.7 percent gain. 2019-03-28T14:08:56.173"
US Corporate Profits Unchanged for 1st Time since Q3 2016,Corporate Profits,"US Corporate Profits Unchanged for 1st Time since Q3 2016United States Corporate ProfitsCorporate profits in the United States were unchanged for the first time in over two years in the fourth quarter of 2018 at 2,076.2 billion, following a 3.5 percent increase in the previous period. Undistributed profits fell by USD 29.5 billion, or 3.6 percent, to USD 796.7 billion; while net dividends rose by USD 28.9 billion, or 2.3 percent, to USD 1,279.5 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, was also steady at USD 2,614.9 billion. Considering 2018 full year, corporate profits surged 16.2 percent, following a 6.5 percent gain in 2017.2019-03-28T12:35:00"
US GDP Growth Revised Down to 2.2%,GDP Growth Rate,"US GDP Growth Revised Down to 2.2%United States GDP Growth RateThe US economy advanced an annualized 2.2 percent on quarter in the fourth quarter of 2018, well below a 2.6 percent growth in the previous estimate and 3.4 percent in the previous period. It compares with market expectations of 2.4 percent. Personal consumption expenditures (PCE), state and local government spending, and nonresidential fixed investment and imports were revised down.2019-03-28T12:32:57.627"
US Jobless Claims Unexpectedly Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Unexpectedly Fall in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits fell by 5 thousand to 211 in the week ending March 23rd from the previous week’s revised level of 216 thousand and compared with market expectations of 225 thousand. According to unadjusted data, the largest decreases were seen in Oklahoma (-1,284), Pennsylvania (-1,152), California (-729), and Florida (-625) while the biggest gains were recorded in Texas (+2,830), Arkansas (+696), Maryland (+231), and Missouri (+213).2019-03-28T12:31:00"
US Stocks Retreat on Wednesday,Stock Market,"US Stocks Retreat on WednesdayUnited States Stock MarketUS stocks closed lower on Wednesday 27 March 2019, as Treasury yields fell on renewed global growth concerns while emerging markets currencies' depreciated, with the Brazilian Real and Argentine Peso falling 2% each. Also, Theresa May announced she will quit as UK Prime Minister should Brexit deal go through. The Dow Jones fell 32 points or 0.1% to 25626. The S&P 500 dropped 13 points or 0.5% to 2805. The Nasdaq declined 48 points or 0.6% to 7643.2019-03-27T20:09:00"
US Stocks Fall amid Lower Yields,Stock Market,"US Stocks Fall amid Lower YieldsUnited States Stock MarketWall Street traded in the red on Wednesday as Treasury yields fell amid renewed global growth concerns. Stephen Moore said in an interview to the NY Times that ‘the Fed should immediately reverse course and cut rates by half a percentage point’. Also, the ECB President Mario Draghi said during a conference in Frankfurt that ‘our current reaction function is well designed to respond to further delays in inflation convergence. In such a situation, just as we did at our March meeting, we would ensure that monetary policy continues to accompany the economy by adjusting our rate forward guidance to reflect the new inflation outlook’, suggesting another rate hike delay is possible. The Dow Jones fell 0.6%, the S&P 500 lost 0.8% and the Nasdaq traded 1.1% lower around 11:30 AM NY time. 2019-03-27T15:35:54.963"
US Crude Oil Inventories Unexpectedly Increase,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly IncreaseUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 2.8 million barrels in the week ended March 22nd 2019, following a 9.589 million drop in the previous week which was the biggest decline since the week ended July 6th. It compares with market expectations of a 2.5 million decrease. Meanwhile, gasoline inventories fell by 2.883 million barrels, after a 4.587 million decline in the previous week and compared to forecasts of a 3 million drop.2019-03-27T14:35:35.537"
US Current Account Deficit Highest in 10 Years,Current Account,"US Current Account Deficit Highest in 10 YearsUnited States Current AccountThe current account gap in the United States widened to USD 134.4 billion in Q4 2018 from an upwardly revised USD 126 billion gap in Q3, above forecasts of USD -130 billion. It is the highest current account gap in ten years as deficits on goods and on secondary income rose and surplus on services decreased. Goods exports shrank USD 3.7 billion to USD 416.1 billion, mainly due to foods, feeds, and beverages, mostly soybeans. Services imports increased USD 3.4 billion to USD 143.2 billion, mostly due to travel (for all purposes including education), primarily personal travel, and in transport, primarily sea freight transport and air passenger transport. Considering full 2018, the current account gap widened 8.8% to USD 488.5 billion, the highest since 2008. Compared to the GDP, the deficit reached 2.4% in 2018 versus 2.3% reported in 2017.2019-03-27T14:13:00"
US Imports Drop 2.6% to 7-Month Low,Imports,"US Imports Drop 2.6% to 7-Month LowUnited States ImportsImports of goods and services to the US dropped 2.6% month over month to USD 6.8 billion, reaching the lowest level since last June. Goods imports declined USD 6.5 billion to USD 210.7 billion, as purchases of capital goods were down USD 3.0 billion on the back of computer accessories, semiconductors and civilian aircraft. Also imports of industrial supplies and materials fell USD 2.3 billion due to crude oil. On a non seasonally adjusted basis, imports fell from China (-9.6 percent), Japan (-6.7 percent), the EU (-3.8 percent) and Canada (-1.5 percent), but rose from Mexico (2 percent). 2019-03-27T12:35:00"
US Trade Gap Narrows More Than Expected,Balance of Trade,"US Trade Gap Narrows More Than Expected United States Balance of TradeThe trade deficit in the United States narrowed to USD 51.1 billion in January of 2019 from an upwardly revised USD 59.9 billion in the previous month, which was the largest since 2008. It compares with market expectations of a USD 57 billion shortfall. The January decrease in the goods and services deficit reflected a fall in the goods deficit of USD 8.2 billion to USD 73.3 billion and an increase in the services surplus of USD 0.5 billion to USD 22.1 billion. Exports rebounded, mainly due to soybeans and motor vehicles and parts and imports were the lowest since June 2018. 2019-03-27T12:35:00"
US Exports Rebound in January,Exports,"US Exports Rebound in JanuaryUnited States ExportsExports of goods and services from the US rose USD 1.9 billion from the previous month to USD 207.3 billion in January 2019. Goods exports increased USD 1.8 billion to USD 137.4 billion, boosted by sales of foods, feeds, and beverages (up USD 1.3 billion), in particular soybeans, and motor vehicles and parts (up USD 1.2 billion), mainly passenger cars. Meanwhile, civilian aircraft exports fell USD 1.3 billion. In addition, exports of services, including other business services and transport, were up USD 0.2 billion to USD 70.0 billion in January. On a non seasonally adjusted basis, exports rose to Mexico (12.7 percent), the EU (7 percent) and Canada (1.3 percent), but fell to China (-22.3 percent) and Japan (-5.6 percent).2019-03-27T12:33:00"
US MBA Mortgage Applications Rise the Most in 10 Weeks,Mortgage Applications,"US MBA Mortgage Applications Rise the Most in 10 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States increased 8.9 percent in the week ended March 22nd 2019, following a 1.6 percent gain in the previous week, data from the Mortgage Bankers Association showed. It is the biggest rise since the week ended January 11th. Refinance application advanced 12.4 percent and applications to purchase a home went up 6.4 percent. The average fixed 30-year mortgage rate fell by 10bps to 4.45 percent.2019-03-27T11:01:00"
US Stocks Close Higher on Tuesday,Stock Market,"US Stocks Close Higher on Tuesday United States Stock MarketWall Street closed moderately in the green on Tuesday 26 March 2019, as some risk appetite returned to the markets despite ongoing concerns about global growth with an inverted yield curve in the United States, US-China trade tensions and Brexit negotiations. The Dow Jones climbed 141 points or 0.6% to 25658. The S&P 500 gained 20 points or 0.7% to 2819. The Nasdaq rose 54 points or 0.7% to 7692.2019-03-26T20:07:19.037"
US Fifth District Manufacturing Activity Slows in March,Richmond Fed Manufacturing Index,"US Fifth District Manufacturing Activity Slows in MarchUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 10 in March of 2019 from 16 in the previous month and slightly below market expectations of 12. Slowdowns were seen in shipments (2 from 12) and new orders (9 from 19) while faster increases were seen in inventories of finished goods (17 from 14), number of employees (23 from 15) and wages (33 from 29). Also, price pressures eased for prices paid (2.84 from 3.03) and prices received increased slightly more (2.07 from 2.06). Firms were optimistic, expecting conditions to improve in the coming months.2019-03-26T14:14:47.81"
US Stocks Attempt to Recover,Stock Market,"US Stocks Attempt to RecoverUnited States Stock MarketWall Street opened higher on Tuesday, attempting to gain for the first time in three sessions as global growth fears eased and the fall in Treasury yields stabilised. The three main stock indexes were up 0.9% around 6 minutes after the opening bell. 2019-03-26T13:37:37.397"
US House Prices Rise the Most in 11 Months: FHFA,FHFA House Price Index MoM,"US House Prices Rise the Most in 11 Months: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.6 percent month-over-month in January of 2019, higher than a 0.3 percent rise in the previous month and above market expectations of a 0.3 percent gain. It is the biggest monthly increase in house prices in eleven months. House prices ranged from -0.7 percent in the New England division to +1.1 percent in the East North Central division. Year-on-year, house prices went up 5.6 percent. The 12-month changes were all positive, ranging from +4.3 percent in the Pacific division to +7.8 percent in the Mountain division.2019-03-26T13:11:06.28"
US Home Price Growth Eases to 6-Year Low: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Price Growth Eases to 6-Year Low: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US increased 3.6 percent year-on-year in January 2019, easing from a 4.1 percent growth in the previous month and missing market expectations of 4 percent. It was the smallest annual gain in house prices since September 2012. Las Vegas reported the biggest increase in home prices (10.5 percent), followed by Phoenix (7.5 percent) and Minneapolis (5.1 percent), while the smallest gains was recorded in San Diego (1.3 percent), San Francisco (1.8 percent) and Chicago (2.4 percent). The national index, covering all nine US census divisions, rose 4.3 percent in January, down from 4.6 percent in the previous month. 2019-03-26T13:07:00"
US Building Permits Fall More than Expected in February,Building Permits,"US Building Permits Fall More than Expected in FebruaryUnited States Building PermitsBuilding permits in the United States fell 1.6 percent from a month earlier to a seasonally adjusted annual rate of 1,296 thousand in February 2019, while markets were expecting a 0.6 percent decline. Permits for the volatile multi-family housing segment went down 4.2 percent to 475 thousand, while single-family authorizations were unchanged at 821 thousand. Across regions, permits dropped in the West (-15 percent to 288 thousand), but increased in the South (4.0 percent to 683 thousand); Midwest (1.1 percent to 188 thousand) and Northeast (1.5 percent to 137 thousand). Permits for January were revised to 1,317 thousand from 1,345 thousand.2019-03-26T12:32:00"
US Housing Starts Fall 8.7% Led by Single-Family Homes,Housing Starts,"US Housing Starts Fall 8.7% Led by Single-Family HomesUnited States Housing StartsHousing starts in the US fell 8.7 percent from a month earlier to a seasonally adjusted annual rate of 1,162 thousand units in February 2019, following a downwardly revised 11.7 percent surge in January. It was the largest decline in housing starts since last June, as construction of single-family homes dropped to more than a 1-1/2-year low. 2019-03-26T12:31:00"
US 10-Year Treasury Yield Nears 15-Month Low,Government Bond 10Y,"US 10-Year Treasury Yield Nears 15-Month LowUnited States Government Bond 10YThe yield on the US 10-year Treasury note was down to 2.404% on Monday, the lowest since December 2017, due to heightened concerns about global growth following last week's Fed decision to halt interest rate hikes this year and Friday's poor manufacturing data from the US, Germany and Japan. Uncertainty surrounding US-China trade talks and Brexit negotiations also weighed. The yield spread between the 3-month Treasury bill and the 10-year Treasury fell further into negative territory.2019-03-25T17:49:00"
Texas Manufacturing Growth Slows in March,Dallas Fed Manufacturing Index,"Texas Manufacturing Growth Slows in MarchUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 8.3 in March 2019 from 13.1 in the previous month, still beating market expectations of 7. The production index, a key measure of state manufacturing conditions, held fairly steady at 11.5, while other measures of manufacturing activity fell: new orders (2.4 from 6.9 in February); growth rate of orders (-1.9 from 3.4, slipping into negative territory for the first time since December 2016); and shipments (5.8 from 10.7). Meanwhile, the capacity utilization index moved up four points to 10.9. Labor market measures suggested continued employment growth and longer workweeks in March. Looking ahead, the index of future general business activity inched up two points to 19.7, while the index of future company outlook fell nine points to 17.5.2019-03-25T14:38:00"
US Stocks Trade Lower on Growth Concerns,Stock Market,"US Stocks Trade Lower on Growth ConcernsUnited States Stock MarketUS stock markets traded in the red Monday, following a steep sell-off in the previous session, as concerns about a possible recession mounted after yield curve inverted for the first time since 2007. The Dow Jones fell 68 points, or 0.3%, to 25,436; the S&P 500 lost 7 points, or 0.3%, to 2,793; and the Nasdaq slid 32 points, or 0.4%, to 7,611 around 15 minutes after the opening bell.2019-03-25T13:48:00"
Chicago Fed National Activity Index at 9-Month Low,Chicago Fed National Activity Index,"Chicago Fed National Activity Index at 9-Month LowUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index fell to -0.29 in February 2019, the lowest since last May, from an upwardly revised -0.25 in the previous month and below market expectations of -0.25. Employment-related indicators contributed -0.10 to the CFNAI in February, down from +0.07 in January; and the contribution of the personal consumption and housing category edged down to -0.06 from -0.03. In addition, the contribution from production-related indicators moved up to -0.16 in February from -0.29 in January; and the sales, orders, and inventories category made a contribution of +0.03, up slightly from +0.01 in the previous month.2019-03-25T12:35:00"
US Stocks Sink Amid Global Growth Worries,Stock Market,"US Stocks Sink Amid Global Growth WorriesUnited States Stock MarketWall Street tumbled on Friday amid increasing global growth concerns, with the yield on the US 10-year note falling below the 3-month bill yield for the 1st time since 2007. On Friday, preliminary Markit PMIs for Japan, Europe and the US came weaker-than-expected, adding to an economic downgrade from the Fed earlier in the week and persistent uncertainties over the US-China trade deal. The Dow Jones plunged 1.8% or 460 points to 25502 , the S&P 500 fell 1.9% or 54 points to 2800 and the Nasdaq tumbled 2.5% or 196 points to 7643.2019-03-22T20:22:53.567"
US Posts Largest Budget Gap Ever for February,Government Budget Value,US Posts Largest Budget Gap Ever for FebruaryUnited States Government Budget ValueThe US government budget deficit increased to USD 234 billion in February of 2019 from a USD 215 billion gap a year earlier and above market expectations of a USD 227 billion shortfall. It is the highest budget gap ever for a February month as federal spending rose 8 percent on the year while receipts increased only 7 percent. 2019-03-22T18:05:00
US 10-Year Yield Inverts for 1st Time Since 2007,Government Bond 10Y,"US 10-Year Yield Inverts for 1st Time Since 2007 United States Government Bond 10YThe yield on the US 10-year Treasury note was down to 2.44% on Friday, the lowest since the last working day of 2017 amid increasing global growth concerns. On Friday, preliminary Markit PMIs for Japan, Europe and the US came weaker-than-expected, following an economic downgrade from the Fed earlier in the week and persistent uncertainties over the US-China trade deal. The US 10-year yield fell below the US 3-month Bill yield at 2.453% for the first time since 2007, which usually is seen as a sign of an economic recession in the near future.2019-03-22T16:59:39.763"
US Stocks Fall after Weak PMIs,Stock Market,"US Stocks Fall after Weak PMIsUnited States Stock MarketWall Street traded lower on Friday after weaker-than-expected manufacturing PMI data the US and Europe raised concerns over global growth. The Dow Jones lost 0.9%, the S&P 500 fell 0.8% and the Nasdaq traded 0.9% lower around 1 hour after the open.2019-03-22T14:42:28.643"
US Existing Home Sales Beat Forecasts,Existing Home Sales,"US Existing Home Sales Beat ForecastsUnited States Existing Home SalesSales of previously owned houses in the US surged 11.8 percent from the previous month to a seasonally adjusted annual rate of 5.51 million in February of 2019. It is the highest reading in eleven months and the biggest monthly rise since December of 2015. It follows a downwardly revised 4.93 million in January and compares with market expectations of 5.1 million. Sales of single family homes jumped 13.3 percent to 4.94 million (-2 percent to 4.36 million in January) while sales of condos were flat at 0.57 million. The median house price edged up to $249,500 from $249,300 in January and $240,800 a year earlier. The months' worth of supply went down to 3.5 from 3.9 in January. Year-on-year, existing home sales dropped 1.8 percent.2019-03-22T14:06:00"
US Wholesale Inventories Rise the Most in 15 Months,Wholesale Inventories,"US Wholesale Inventories Rise the Most in 15 MonthsUnited States Wholesale InventoriesWholesale stocks in the United States rose 1.2 percent from a month earlier in January of 2019, following a 1.1 percent increase in the previous month and easily beating market expectations of a 0.2 percent gain. It was the biggest gain in wholesale inventories since October last year, when stocks fell by 0.5 percent. Stocks of nondurable goods advanced faster (1.6 percent from 0.1 percent in December), as stocks rebounded sharply for petroleum (10.7 percent from -5.2 percent) and drugs (1.3 percent from -1.2 percent). On the other hand, inventories of durable goods slowed (0.9 percent from 1.7 percent), namely automotive (1.4 percent from 1.6 percent); furniture (1.8 percent from 2.5 percent); hardware (1 percent from 1.7 percent) and machinery (1 percent from 1.5 percent) while electrical inventories went up faster (3 percent from 2.8 percent). Year-on-year, wholesale stocks advanced 7.7 percent. 2019-03-22T14:03:00"
US Private Sector Output Growth Slows in March: Markit,Composite Pmi,"US Private Sector Output Growth Slows in March: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI dropped to 54.3 in March 2019 from a seven-month high of 55.5 in the previous month and below market consensus of 55.2, a preliminary estimate showed. The latest reading pointed to the weakest upturn in private sector business activity since September 2018, as new work rose the least since April 2017 and employment growth eased to the weakest since June 2017. On the price front, input price inflation fell to a two-year low and prices charged by private sector firms increased at the softest pace since October 2017. Looking ahead, business optimism dipped to the lowest since June 2016.2019-03-22T13:55:52.22"
US Factory Growth Lowest since 2017,Manufacturing PMI,"US Factory Growth Lowest since 2017United States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 52.5 in March of 2019 from 53 in February and below market expectations of 53.6, preliminary estimates showed. The reading pointed to the lowest expansion in factory activity since June of 2017 amid softer rises in output, new orders and employment. Also, the latest expansion of production volumes was only modest and the least marked since June 2016.  2019-03-22T13:50:05.073"
US Services Activity Growth Eases in March: Markit,Services PMI,"US Services Activity Growth Eases in March: MarkitUnited States Services PMIThe IHS Markit US Services PMI fell to 54.8 in March 2019 from 56 in the previous month and below market expectations of 56, a preliminary estimate showed. Still, the latest reading signaled a solid overall upturn in business activity across the service economy. New work growth slowed and employment rose the least since May 2017.2019-03-22T13:47:27.643"
US Stocks Rally on Thursday,Stock Market,"US Stocks Rally on ThursdayUnited States Stock MarketWall Street closed deeply in the green on Thursday 21 March 2019, as Apple shares rose sharply (+3.7%) after Needham upgraded it to Strong Buy from Buy. Investors' mood was also lifted as Levi's officially went public again in the NYSE. The Dow Jones gained 217 points or 0.8% to 25963. The S&P 500 climbed 31 points or 1.1% to 2855. The Nasdaq jumped 110 points or 1.4% to 7839.2019-03-21T20:15:00"
US Stocks Rise,Stock Market,"US Stocks Rise United States Stock MarketWall Street traded higher on Thursday, with Apple shares rising sharply (3.3%) after Needham upgraded it to strong buy from buy. Investors' mood was also lifted as Levi's officially went public again in the NYSE. The Dow Jones was up 0.7%, the S&P 500 rose 0.7% and the Nasdaq traded 0.9% higher around 11:25 AM NY time2019-03-21T15:39:44.24"
Philadelphia Fed Manufacturing Index Beats Forecasts,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Beats Forecasts United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States increased to 13.7 in March of 2019 from -4.1 in February and above market expectations of 4.5. Both new orders (1.9 from -2.4 in February) and shipments (20 from -5.3) rebounded. In addition, inventories (17.2 from 3.3) and average workweek (10.6 from 4.7) advanced faster. Meanwhile, prices paid rose faster (19.7 from 21.8) while prices received slowed (24.7 from 27.7). The 6-month outlook fell to 21.8 from 31.3. 2019-03-21T12:37:00"
US Jobless Claims Drop Less than Expected,Initial Jobless Claims,"US Jobless Claims Drop Less than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 9 thousand to 221 thousand in the week ending March 16th from the previous week’s revised level of 230 thousand and compared to market expectations of 225 thousand. According to unadjusted data, the largest declines were seen in Illinois (-3,500), Oregon (-3,036), Pennsylvania (-2,261), Texas (-1,063) and Washington (-1,000) while the biggest gains were registered in Oklahoma (+877), California (+763), Iowa (+313) and South Carolina (+208).2019-03-21T12:31:00"
US Stocks Close Mixed on Wednesday,Stock Market,"US Stocks Close Mixed on WednesdayUnited States Stock MarketWall Street closed mixed on Wednesday 20 March 2019 amid new concerns over a trade deal between the US and China and a new Fed policy stance. Federal Reserve policymakers now expect rates to remain at current levels this year, compared to December’s projection of two hikes. The FOMC also pledged to start slowing the shrinking of its balance sheet in May and stop the drawdown altogether at the end of September. The Dow Jones declined 142 points or 0.6% to 25746 and the S&P 500 lost 8 points or 0.3% to 2824. In contrast, the Nasdaq edged up 5 points or 0.1% to 7729.2019-03-20T20:11:00"
US 10-Year Treasury Yield Falls to Near 1-Year Low,Government Bond 10Y,"US 10-Year Treasury Yield Falls to Near 1-Year LowUnited States Government Bond 10YThe yield on the benchmark 10-year Treasury note fell 6bps to 2.548% on Wednesday, its lowest level in nearly one year, following the Federal Reserve's decision to hold rates at current levels, while lowering growth forecasts and signaling no more rate hikes will be coming this year. Also, the yield on the 5-year Treasury bond dropped 8bps to 2.341%, its lowest since February 2018.2019-03-20T18:28:05.057"
Dollar Drops as Fed Signals no More Rate Hikes in 2019,Currency,"Dollar Drops as Fed Signals no More Rate Hikes in 2019United States CurrencyThe dollar index fell 0.4% to 96, the lowest since February 28th, minutes after the Federal Reserve kept interest rates steady and signalled no more hikes will be coming this year.2019-03-20T18:22:00"
Fed Sees Rates Unchanged in 2019,Interest Rate,"Fed Sees Rates Unchanged in 2019United States Interest RateFederal Reserve policymakers expect rates to remain at current levels this year, compared to December’s projection of two hikes. The FOMC also pledged to start slowing the shrinking of its balance sheet in May and stop the drawdown altogether at the end of September. The economic-growth projections were also lowered for this year by a full percentage point to 2.1 percent. 2019-03-20T18:02:00"
US Stocks Fall,Stock Market,"US Stocks FallUnited States Stock MarketWall Street extended declines on Wednesday afternoon amid new concerns over a trade deal between the US and China after President Trump said 'We’re not talking about removing (tariffs), we’re talking about leaving them for a substantial period of time because we have to make sure that if we do the deal with China that China lives by the deal'. Investors also await a Fed monetary policy decision and new economic projections later in the day. The Dow Jones declined 0.7%, the S&P 500 fell 0.5% and the Nasdaq traded 0.4% lower around 1:00 PM NY time.2019-03-20T17:07:00"
Fed Likely to Scale Down Further Rate Hikes,Interest Rate,"Fed Likely to Scale Down Further Rate HikesUnited States Interest RateThe Federal Open Market Committee is expected to leave the policy rate unchanged today and announce that there will be just one interest rate hike this year or none at all, down from two in December’s projection. The Fed had already pledged to be “patient” about further policy firming, due mainly to persistent concerns about global growth, volatility in financial markets and muted inflation pressures. 2019-03-20T16:50:00"
US Crude Inventories Unexpectedly Fall,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly FallUnited States Crude Oil Stocks ChangeUS crude oil stocks fell by 9.589 million barrels in the week ended March 15th 2019, following a 3.862 million decrease in the previous week and compared to market expectations of a 0.074 million rise. It is the biggest decline in oil inventories since the week ended July 6th. Meanwhile, gasoline inventories dropped by 4.587 million barrels, after a 4.624 million fall in the previous week.2019-03-20T14:31:00"
US Mortgage Applications Rise for 2nd Week: MBA,Mortgage Applications,"US Mortgage Applications Rise for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States increased 1.6 percent in the week ended March 15th 2019, following a 2.3 percent gain in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home rose 0.3 percent and refinance applications advanced 3.5 percent. The average fixed 30-year mortgage rate went down by 9bps to 4.55 percent.2019-03-20T11:02:10.35"
US Factory Orders Rise Less than Expected,Factory Orders,"US Factory Orders Rise Less than ExpectedUnited States Factory OrdersNew orders for manufactured goods made in the US edged up 0.1 percent from a month earlier in January of 2019, the same as in December and below market expectations of a 0.3 percent gain. Orders for transportation equipment led the rise again (1.2 percent compared to 3.2 percent in December), namely motor vehicle bodies, parts and trailers (0.4 percent compared to 1.5 percent) and nondefense aircraft and parts (15.6 percent compared to 35.7 percent). Also, increases were seen in orders for machinery (1.5 percent compared to -0.4 percent) and electrical equipment, appliances and components (1.4 percent compared to -0.3 percent). On the other hand, orders fell for fabricated metal products (-0.6 percent compared to +1.3 percent); computers and electronic products (-0.9 percent compared to -0.4 percent) and non-durables (-0.2 percent compared to -1.1 percent). 2019-03-19T14:09:00"
US Stocks Rise ahead of Fed Decision,Stock Market,US Stocks Rise ahead of Fed DecisionUnited States Stock MarketWall Street opened higher on Tuesday as the 2-day Fed meeting kicks off. No changes in the fed funds rate are expected although investors await further clues on the central bank monetary policy view as well as updated economic projections. All three main stock indexes traded 0.5% higher around 7 minutes after the opening bell.2019-03-19T13:45:00
US Home Builder Sentiment Below Forecasts,Nahb Housing Market Index,"US Home Builder Sentiment Below ForecastsUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States was unchanged at 62 in March 2019, the and below market consensus of 63. The index component that tracks views of current sales conditions rose to 68 from 66 in February and the gauge of home sales over the next six months advanced to 71 from 68. Meanwhile, the measure of buyer traffic fell to 44 from 48.2019-03-18T14:02:00"
US Stocks Close Higher on Friday,Stock Market,"US Stocks Close Higher on FridayUnited States Stock MarketWall Street closed moderately in the green on Friday 15 March 2019 amid increasing hopes China and the US could reach a trade agreement after Xinhua reported a phone call between the Chinese Vice Premier Liu He, the US Treasury Secretary Steven Mnuchin and the US Trade Representative Robert Lighthizer. News also showed “concrete progress” has been made on the text of the trade deal. The Dow Jones climbed 139 points or 0.5% to 25849. The S&P 500 gained 14 points or 0.5% to 2823. The Nasdaq jumped 58 points or 0.8% to 7689.2019-03-15T20:12:00"
Foreigners Sell $144 Billion of US Assets in January,Capital Flows,"Foreigners Sell $144 Billion of US Assets in JanuaryUnited States Capital FlowsOverseas investors sold USD 143.7 billion of US assets, including short-dated instruments, in January 2019 after selling an upwardly USD 113.5 billion in December. Meanwhile, foreigners sold USD 7.2 billion of long-term US securities, including government and corporate, after selling USD 48.3 billion in the previous month. Foreign investors sold USD 12 billion of US treasuries, after selling a record USD 77.4 billion in December.
2019-03-15T20:04:00"
US Stocks Trade Higher,Stock Market,"US Stocks Trade HigherUnited States Stock MarketWall Street traded higher on Friday amid increasing hopes China and the US could reach a trade agreement after Xinhua reported a phone call between the Chinese Vice Premier Liu He, the US Treasury Secretary Steven Mnuchin and the US Trade Representative Robert Lighthizer. News also showed “concrete progress” has been made on the text of the trade deal. Also, Boeing shares rebounded after a report from Agence France-Presse showing a software upgrade for the 737 Max aircraft could come soon. The Dow Jones went up 0.7%, the S&P 500 increased 0.7% and the Nasdaq traded 1% higher around 12:30 PM NY time.2019-03-15T16:42:00"
US Consumer Sentiment Beats Forecasts,Consumer Confidence,"US Consumer Sentiment Beats ForecastsUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US increased to 97.8 in March of 2019 from 93.8 in February, beating market expectations of 95.3, preliminary estimates showed. It is the highest reading in three months, amid rising income and lower inflation expectations and more positive growth prospects. 2019-03-15T14:09:37.38"
US Job Openings Hit Fresh Record,Job Offers,"US Job Openings Hit Fresh RecordUnited States Job OffersThe number of job openings in the US reached a new all-time high of 7.581 million in January 2019 from an upwardly revised 7.479 million in the previous month, easily beating market expectations of 7.31 million. The number of job openings was little changed for total private and increased for government (+59,000). The largest gains were recorded in wholesale trade (+91,000), real estate and rental and leasing (+60,000), and information (+42,000), while the biggest declines were seen in other services (-98,000), retail trade (-97,000), and arts, entertainment, and recreation (-40,000).2019-03-15T14:03:00"
US Industrial Output Rebound Weaker than Expected,Industrial Production Mom,"US Industrial Output Rebound Weaker than ExpectedUnited States Industrial Production MomUS industrial output edged up 0.1 percent from a month earlier in February 2019, following a revised 0.4 percent fall in January and missing market expectations of a 0.4 percent gain. Utilities and mining output supported growth, while manufacturing production fell for the second consecutive month. 2019-03-15T13:17:30.05"
US NY Empire State Manufacturing Index at 22-Month Low,NY Empire State Manufacturing Index,"US NY Empire State Manufacturing Index at 22-Month LowUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States fell 5.1 points from the previous month to 3.7 in March 2019, missing market expectations of 10. It is the weakest reading since May 2017, as the new orders index declined 4.5 points to 3 and the shipments index dropped 2.7 to 7.7. Delivery times and inventories held steady. Labor market indicators pointed to a rise in employment (+9.7 points to 13.8), while the average workweek index
turned negative for the first time since 2016 (-5.9 points to -3.4). On the price front, the prices paid index rose for the first time in four months, pointing to a pickup in input prices, while the prices received index eased, indicating a slowing in selling price increases. Looking ahead, firms remained fairly optimistic about future conditions.2019-03-15T12:32:00"
US New Home Sales Fall Much More than Expected,New Home Sales,"US New Home Sales Fall Much More than ExpectedUnited States New Home SalesSales of new single-family houses in the United States slumped 6.9 percent from the previous month to a seasonally adjusted annual rate of 607 thousand in January of 2019, following an upwardly revised 652 thousand in December and worse than market expectations of 620 thousand. Sales declined in the South, the Midwest and the Northeast but rose in the West.2019-03-14T14:04:00"
US Export Prices Rise Faster than Expected,Import Prices MoM,"US Export Prices Rise Faster than ExpectedUnited States Import Prices MoMExport prices in the US rose 0.6 percent month-over-month in February of 2019, following a downwardly revised 0.5 percent drop in January and beating market expectations of a 0.1 percent gain. Higher prices for both agricultural and nonagricultural commodities contributed to the February increase. Export prices for agricultural commodities rose 0.3 percent, after falling 2.1 percent in January. Nonagricultural export prices increased 0.7 percent, the largest monthly rise since April 2018. Higher prices for nonagricultural industrial supplies and materials led the increase, with rising cost for each of the finished goods categories contributing to the advance. Year-on-year, cost of exports went up 0.3 percent, after a 0.2 percent fall in January.2019-03-14T12:34:00"
US Import Prices Rise the Most in 9 Months on Fuel,Import Prices MoM,"US Import Prices Rise the Most in 9 Months on FuelUnited States Import Prices MoMUS import prices rose 0.6 percent from a month earlier in February 2019, following a revised 0.1 percent gain in January and easily beating market expectations of 0.3 percent. It was the largest monthly increase in import prices since May due to higher fuel costs (4.9 percent vs 4.1 percent), with both petroleum and natural gas contributing to the advance. Meanwhile, nonfuel import prices recorded no change in February following a 0.3 percent decrease in January. Year-on-year, import prices dropped 1.3 percent, as the index for fuel prices fell 6.5 percent and that for nonfuel imports declined 0.6 percent.2019-03-14T12:33:00"
US Jobless Claims Rise Slightly More than Expected,Initial Jobless Claims,"US Jobless Claims Rise Slightly More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 6 thousand to 229 thousand in the week ending March 9 from the previous week’s unrevised level of 223 thousand. It compares with market expectations of 225 thousand. According to unadjusted data, the largest gains were seen in Illinois (+3,729); Washington (+1,572); Ohio (+1,143) and Texas (+667) while the biggest declines were registered in New York (-16,409); Kentucky (-1,704) and Georgia (-784). 
2019-03-14T12:31:00"
US Stocks Close Higher on Wednesday,Stock Market,US Stocks Close Higher on WednesdayUnited States Stock MarketUS stocks closed moderately in the green on Wednesday as stronger-than-expected durable goods orders data boosted sentiment and nudged the S&P 500 to a new 2019 high at 2811 (+0.7% or 19 points). The Dow Jones climbed 148 points or 0.6% to 25703. The Nasdaq jumped 52 points or 0.7% to 7643.2019-03-13T20:18:00
US Crude Oil Inventories Unexpectedly Fall,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly Fall United States Crude Oil Stocks ChangeUS crude oil stocks decreased by 3.862 million barrels in the week ended March 8th of 2019, following a 7.069 million rise in the previous week and missing market expectations of a 2.824 million gain. Meanwhile, gasoline inventories fell by 4.624 million barrels, after a 4.227 million decline in the previous week. 
2019-03-13T14:31:30.117"
US Construction Spending Rises the Most in 9 Months,Construction Spending,"US Construction Spending Rises the Most in 9 MonthsUnited States Construction SpendingUS construction spending surged 1.3 percent from a month earlier to a seasonally adjusted annual rate of USD 1.28 trillion in January 2019, reversing an upwardly revised 0.8 percent drop in December and easily beating market expectations of 0.4 percent. It was the biggest increase in construction spending since April, as investment in public construction projects jumped 4.9 percent to its highest level since September 2010, marking the largest monthly advance since March 2004. Spending on federal government construction projects climbed 4.2 percent to the highest level since October 2017; and that on state and local government construction projects increased 4.9 percent to an over nine-year high. In addition, spending on private construction rose 0.2 percent after falling for two straight months.2019-03-13T14:02:00"
US Shares Gain on Wednesday,Stock Market,"US Shares Gain on WednesdayUnited States Stock MarketUS stocks traded higher on Wednesday as stronger-than-expected durable goods orders data boosted sentiment and as tech shares rose broadly while Boeing tries to recover from an over 11 percent fall in the previous two sessions. The Dow Jones gained 101 points, or 0.4%, to 25,655; the S&P 500 advanced 12 points, or 0.4%, to 2,803; and the Nasdaq added 39 points, or 0.5%, to 7,631 around 15 minutes after the opening bell.2019-03-13T13:47:09.643"
US Durable Goods Orders Unexpectedly Rise,Durable Goods Orders,"US Durable Goods Orders Unexpectedly RiseUnited States Durable Goods OrdersNew orders for US manufactured durable goods increased 0.4 percent from a month earlier in January of 2019, following an upwardly revised 1.3 percent advance in December and beating market expectations of a 0.5 percent drop. Transportation equipment, up five of the last six months, jumped 1.2 percent and drove the increase. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, went up 0.8 percent, the highest gain since July and rebounding from a 0.9 percent fall in December.2019-03-13T12:34:00"
US Producer Prices Rebound Less than Expected in February,Producer Price Inflation MoM,"US Producer Prices Rebound Less than Expected in FebruaryUnited States Producer Price Inflation MoMProducer prices for final demand in the US increased by 0.1 percent month-over-month in February of 2019, recovering from a 0.1 percent fall in January and below market expectations of a 0.2 percent gain. Cost rebounded for energy (1.8 percent from -3.8 percent in January) and prices decreased at a softer pace for food (-0.3 percent from -1.7 percent). Meanwhile, cost of services showed no growth, after a 0.3 percent rise in January. The core index, which excludes food and energy, went up 0.1 percent from the previous month in February, after a 0.3 percent increase in January and missing market consensus of 0.2 percent. On a yearly basis, producer prices rose 1.9 percent and the core index advanced 2.5 percent. 2019-03-13T12:33:00"
US MBA Mortgage Applications Rebound in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Rebound in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 2.3 percent in the week ended March 8th 2019, rebounding from a 2.5 percent decline in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home increased 4.3 percent while refinance applications fell 0.2 percent. The average fixed 30-year mortgage rate went down by 3bps to 4.64 percent.2019-03-13T11:02:07.863"
US Stocks Trade Mixed,Stock Market,"US Stocks Trade MixedUnited States Stock MarketWall Street traded mixed on Tuesday, with Boeing shares extending the decline from the previous session after China, Indonesia, Ethiopia and the UK suspended flights of Being 737 MAX-8 following the crash a of a Boeing 737 MAX plane on Sunday in Nairobi. The Dow Jones lost 0.4% while the S&P 500 added 0.4% and the Nasdaq traded 0.6% higher around 12:15 PM NY time.
2019-03-12T17:26:24.277"
US 10Y Bond Yield Hits 9-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 9-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 9-week low of 2.6249%2019-03-12T14:19:25.467
United States Inflation Rate Lowest since 2016,Inflation Rate,"United States Inflation Rate Lowest since 2016United States Inflation RateConsumer prices in the United States increased 1.5 percent year-on-year in February of 2019, following a 1.6 percent rise in January and below market expectations of 1.6 percent. It is the lowest inflation rate since September of 2016, mainly due to a fall in cost of gasoline and clothing while prices of electricity stalled. On a monthly basis, consumer prices went up 0.2 percent after a flat reading in January, matching forecasts. It is the first monthly rise in the CPI, due to prices of food, gasoline and rents.2019-03-12T12:34:00"
US Core Consumer Prices Rise 0.1% MoM in February,Core Inflation Rate MoM,"US Core Consumer Prices Rise 0.1% MoM in FebruaryUnited States Core Inflation Rate MoMUS core consumer prices, excluding volatile items such as food and energy, increased 0.1 percent month-over-month in February 2019, compared to a 0.2 percent increase in the previous month and market expectations of a 0.2 percent gain. It is the smallest rise in core consumer prices since August last year. The indexes for shelter, apparel,  household furnishings and operations, airline fares and motor vehicle insurance were among the indexes that rose in February, while the indexes for medical care, recreation, used cars and trucks, new vehicles and transportation services decreased.



2019-03-12T12:32:00"
US NFIB's Small Business Optimism Lower than Expected,NFIB Business Optimism Index,"US NFIB's Small Business Optimism Lower than ExpectedUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US edged up to 101.7 in February of 2019 from 101.2 in January which was the lowest reading since November of 2016, when President Trump was elected. It compares with market expectations of 102. Views about future business conditions and the current period as a good time to expand improved as did plans to make capital outlays. Earnings trends weakened, as a million laid off workers and others affected by the shutdown cut back on spending. The loss of sales falls right to the bottom line. Worker compensation and selling prices were lower in February than they were in January, but job openings rebounded remaining at historically high levels. The Uncertainty Index fell 1 point to 85, a small decline but still showing a lot of residual uncertainty from the government shutdown.2019-03-12T10:08:00"
US Stocks Surge on Monday,Stock Market,"US Stocks Surge on MondayUnited States Stock MarketWall Street closed deeply in the green on Monday with Boeing shares plunging 5.3% after China, Indonesia and Ethiopia suspended flights of Boeing 737 MAX-8 following the crash a of a Boeing 737 MAX plane on Sunday in Nairobi. On the other hand, Apple stocks jumped 3.5% after Bank of America Merrill Lynch upgraded the company's shares to buy from neutral and the company announced an upcoming event for March 25. The Dow Jones climbed 201 points or 0.8% to 25651. The S&P 500 climbed 40 points or 1.5% to 2783. The Nasdaq jumped 150 points or 2.0% to 7558.2019-03-11T20:16:00"
US Business Inventories Match Forecasts,Business Inventories,"US Business Inventories Match ForecastsUnited States Business InventoriesBusiness inventories in the United States increased 0.6 percent month-over-month in December of 2018, after showing no growth in November and in line with market expectations. Stocks rebounded at retailers (0.9 percent from -0.4 percent in November) and rose faster at wholesalers (1.1 percent from 0.4 percent). Meanwhile stocks were unchanged at manufacturers (from -0.1 percent) and increased at the same pace for autos and parts (0.6 percent, the same as in November). Retail inventories excluding autos, which go into the calculation of GDP, went up 1 percent in December, after a 0.9 percent fall in the previous month.2019-03-11T14:00:00"
US Stocks Trade Mixed,Stock Market,"US Stocks Trade MixedUnited States Stock MarketWall Street opened mixed on Monday, with Boeing shares plunging more than 11% after China, Indonesia and Ethiopia suspended flights of Being 737 MAX-8 following the crash a of a Boeing 737 MAX plane on Sunday in Nairobi. On the other hand, Apple stocks were up after Bank of America Merrill Lynch upgraded the company's shares to buy from neutral. The Dow Jones fell 0.7% while the Nasdaq gained 0.4% and the S&P 500 added 0.8% around 8 minutes after the opening bell. 
2019-03-11T13:46:52.09"
US Retail Sales Rebound in January,Retail Sales MoM,"US Retail Sales Rebound in JanuaryUnited States Retail Sales MoMUS retail trade rose by 0.2 percent from a month earlier in January 2019, following an upwardly revised 1.6 percent decline in December and beating market expectations of a flat reading. Sales rebounded for sporting goods, musical instruments and books. Excluding automobiles, gasoline, building materials and food services, retail sales went up 1.1 percent in January after a downwardly revised 2.3 percent fall in December. Year-on-year, retail trade grew 2.3 percent.2019-03-11T12:31:00"
US 10Y Bond Yield Hits 9-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 9-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 9-week low of 2.6249%2019-03-11T00:49:44.837
US Stocks Edge Down on Friday,Stock Market,"US Stocks Edge Down on FridayUnited States Stock MarketWall Street closed modestly in the red on Friday 8 March 2019, paring most of the early losses triggered by a much weaker-than-expected US jobs report (20k actual vs 180k expected) and China trade data. The Dow Jones edged down 23 points or 0.1% to 25450. The S&P 500 lost 6 points or 0.2% to 2743. The Nasdaq retreated 13 points 0.2% to 7408.2019-03-08T21:20:00"
US Stocks Fall after Disappointing Jobs Report,Stock Market,"US Stocks Fall after Disappointing Jobs ReportUnited States Stock MarketWall Street opened sharply lower on Friday, after the jobs report showed the US economy added a meagre 20 thousand jobs in February, well below market expectations of 180 thousand. The Dow Jones fell 0.8%, the S&P 500 lost 0.8% and the Nasdaq traded 1% lower around 5 minutes after the opening bell. 2019-03-08T14:38:41.413"
US Building Permits Unexpectedly Rise to 9-Month High,Building Permits,"US Building Permits Unexpectedly Rise to 9-Month High United States Building PermitsUS building permits increased 1.4 percent from a month earlier to a seasonally adjusted annual rate of 1,345 thousand in January of 2019, the highest level since April of 2018 while markets were expecting a 2.9 percent drop to 1,289 thousand. Permits for the volatile multi-family housing segment rose 7.2 percent to 553 thousand while single-family authorisations declined 2.1 percent to 812 thousand. Across regions, building permits increased in the Northeast (26.4 percent to 139 thousand) and Midwest (33.1 percent to 193 thousand), but fell in the South (-3.5 percent to 664 thousand) and the West (-8.9 percent to 349 thousand).
2019-03-08T13:34:00"
US Jobless Rate Falls More than Expected,Unemployment Rate,"US Jobless Rate Falls More than ExpectedUnited States Unemployment RateThe US unemployment rate fell to 3.8 percent in February 2019 from 4 percent in the previous month and below market expectations of 3.9 percent. The number of unemployed persons decreased by 300,000 to 6.2 million.2019-03-08T13:32:00"
"US Economy Adds 20K Jobs in February, Well Below Forecasts",Non Farm Payrolls,"US Economy Adds 20K Jobs in February, Well Below ForecastsUnited States Non Farm PayrollsNonfarm payrolls in the US increased by 20 thousand in February of 2019, following an upwardly revised 311 thousand rise in January and well below market expectations of 180 thousand. It is the lowest reading since February of 2017, mainly due to falls in construction employment while jobs were added in professional and business services, health care, and wholesale trade. 2019-03-08T13:31:00"
US Housing Starts Rebound in January,Housing Starts,"US Housing Starts Rebound in JanuaryUnited States Housing StartsHousing starts in the United States jumped 18.6 percent from a month earlier to an annualized rate of 1,230 thousand in January 2019, recovering from an upwardly revised 14 percent fall in December and beating market expectations of a 9.9 percent gain. Starts increased in the Northeast, the South and the West while dropped in the Midwest.2019-03-08T13:31:00"
US Wages Rise More than Expected in February,Average Hourly Earnings,"US Wages Rise More than Expected in FebruaryUnited States Average Hourly EarningsAverage hourly earnings for all employees on US private nonfarm payrolls increased by 11 cents, or 0.4 percent from the previous month to USD 27.66 in February 2019, following a 0.1 percent gain in January and beating market estimates of a 0.3 percent rise. That left the annual increase in wages at 3.4 percent compared to a downwardly revised 3.1 percent gain in January and above market expectations of a 3.3 percent rise. Meanwhile, average hourly earnings of private-sector production and nonsupervisory employees went up by 8 cents, or 0.4 percent, to USD 23.18 in February.

2019-03-08T13:31:00"
US 10Y Bond Yield Hits 9-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 9-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 9-week low of 2.6267%2019-03-08T07:33:35.203
US Stocks Extend Losses on Thursday,Stock Market,"US Stocks Extend Losses on ThursdayUnited States Stock MarketWall Street closed deeply in the red on Thursday 7 March 2019 on renewed global growth concerns, as the ECB revised down its economic growth forecast and announced a new series of bank loans (TLTRO), to be launched in September and end in March 2021. The central bank sees Eurozone growth at 1.1% for 2019, down from earlier estimates of 1.7% and at 1.6% for 2020, also below a 1.7% previous expected. The Dow Jones lost 200 points or 0.8% to 25473. The S&P 500 retreated 23 points or 0.8% to 2749. The Nasdaq tanked 85 points or 1.1% to 7422.2019-03-07T21:05:00"
US Consumer Credit Growth Beats Expectations,Consumer Credit,"US Consumer Credit Growth Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 17.05 billion in January 2019, up from a downwardly revised USD 15.36 billion gain in the previous month and above market expectations of a USD 16.0 billion rise. Revolving credit including credit card borrowing climbed USD 2.5 billion, compared to a downwardly revised USD 1.0 billion advance in December. Meantime, non-revolving credit including loans for education and automobiles rose by USD 14.5 billion, little changed from a downwardly revised USD 14.4 billion in the prior month. Year-on-year, consumer credit went up 5.1 percent, as revolving and non-revolving credit increased by 2.9 percent and 5.9 percent, respectively.2019-03-07T20:07:00"
Dollar Index Hits 20-month High,currency,Dollar Index Hits 20-month HighUnited States currencyUS Dollar increased to a 20-month high of 97.7142019-03-07T19:46:44.33
US Stocks Fall after Dovish ECB,Stock Market,"US Stocks Fall after Dovish ECBUnited States Stock MarketWall Street traded lower on Thursday, amid global growth concerns after the European Central Bank slashed Eurozone growth forecasts, pushed out the timing of a change in interest rates to 2020 at the earliest and announced a new series of bank loans (TLTRO). The Dow Jones declined 0.9%, the S&P 500 fell 0.8% and the Nasdaq traded 1% lower around 9:55 AM NY time.2019-03-07T15:00:00"
US Labor Costs Rise More than Expected in Q4,Labour Costs,"US Labor Costs Rise More than Expected in Q4United States Labour CostsUnit labor costs in the US nonfarm business sector went up an annualized 2 percent on quarter in the last three months of 2018, following an upwardly revised 1.6 percent rise in the previous period. It compares with market expectations of a 1.6 percent increase. It mainly reflects a 3.9 percent rise in hourly compensation and a 1.9 percent gain in labor productivity. Year-on-year, unit labor costs went up 1 percent, slightly lower than a 1.1 percent rise in the previous period. Considering full 2018, unit labor costs in the nonfarm business sector increased 1.4 percent, below 2.2 percent in 2017 and the lowest gain since 2016. It mainly reflects increases of 2.7 percent in hourly compensation and 1.3 percent in productivity. 2019-03-07T13:39:00"
US Labor Productivity Rises More than Expected in Q4,Productivity,"US Labor Productivity Rises More than Expected in Q4United States ProductivityLabor productivity in the US non-farm business sector rose by an annualized 1.9 percent during the fourth quarter of 2018, beating market expectations of 1.6 percent and following a 1.8 percent advance in the previous three-month period. Output grew by 3.1 percent and hours worked by 1.2 percent. Year-on-year, productivity increased by 1.8 percent, reflecting a 3.7 percent gain in output and a 1.9 percent rise in hours worked. Considering 2018 full year, labor productivity rose by 1.3 percent, the most since 2010.2019-03-07T13:34:00"
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 3 thousand to 223 thousand in the week ending March 2 from the previous week’s revised level of 226 thousand. It compares with market expectations of 225 thousand. According to unadjusted data, the biggest declines were registered in Massachusetts (-4,238); Kentucky (-3,195); Rhode Island (-1,085) and Michigan (-928) while the largest gains were seen in New York (+16,391); California (+7,185); Pennsylvania (+1,770) and Oregon (+965).
2019-03-07T13:31:00"
US Companies Cut the Most Jobs since 2015,Challenger Job Cuts,"US Companies Cut the Most Jobs since 2015United States Challenger Job CutsJob cuts announced by US-based employers increased by 45% to 76,835 in February of 2019 from 52,988 in the previous month, and were up by 117% from a year earlier. They are the highest job cuts for any month since July 2015 primarily due to the US Army’s cutting over 50,000 jobs and tanking oil prices, causing thousands of cuts in the energy sector. Most cuts were announced in the industrial goods industry (29,665) and retail (18,874), which include the announcement by Payless ShoeSource that 16,000 associates would lose their jobs as the company closes 2,500 stores. So far this year, companies have announced 129,823 job cuts mostly among retailers (41,201), above 80,022 in the first two months of 2018. The majority of cuts this year are due to restructuring (42,882 layoff announcements); bankruptcy has claimed 38,863 jobs; technological updates were directly blamed for 1,022 cuts; and companies relocating operations overseas claimed 683 jobs, while tariffs led to 300 cuts.
2019-03-07T12:41:00"
US Stocks Extend Losses on Wednesday,Stock Market,"US Stocks Extend Losses on WednesdayUnited States Stock MarketWall Street closed moderately in the red to extended losses on Wednesday 6 March 2019, amid stale developments on US-China negotiations and investor cautiousness ahead of the jobs report due Friday. Also, sluggish economic data weighed on sentiment, as the US posted the largest monthly trade deficit since 2008 in December and private sector businesses added 183,000 jobs in February, a smaller level than expected. The Dow Jones lost 133 points or 0.5% to 25674. The S&P 500 retreated 18 points or 0.7% to 2772. The Nasdaq slipped 70 points or 0.9% to 7506.2019-03-06T21:07:00"
US Stocks Extend Losses,Stock Market,"US Stocks Extend LossesUnited States Stock MarketUS stock markets extended losses on Wednesday as investors remain cautious ahead of February's jobs report due Friday while there are no new developments on US-China trade negotiations. In addition, poor economic data showed the US posted the largest monthly trade deficit since 2008 in December and private sector businesses added 183,000 jobs in February, a smaller level than expected. The Dow Jones lost 0.4% to 25,694; the S&P 500 dropped 0.5% to 2,776; and the Nasdaq fell 0.6% to 7,529 around 12:30 PM NY time.2019-03-06T17:41:29.29"
US Gasoline Stocks Post Biggest Fall in Over 4 Months,Gasoline Stocks Change,"US Gasoline Stocks Post Biggest Fall in Over 4 MonthsUnited States Gasoline Stocks ChangeStocks of gasoline in the United States declined for the third straight week, down by 4.227 million barrels in the week ended March 1st of 2019, following a 1.906 million decrease in the previous week and compared to market expectations of a 2.084 million drop. It is the biggest decline since the week ended October 19th of 2018. 2019-03-06T15:58:41.65"
US Crude Oil Inventories Rise the Most in 6 Weeks,Crude Oil Stocks Change,"US Crude Oil Inventories Rise the Most in 6 WeeksUnited States Crude Oil Stocks ChangeUS crude oil stocks increased by 7.069 million barrels in the week ended March 1st of 2019, after an 8.647 million drop in the previous week and well above market expectations of a 1.2 million gain. It is the biggest gain in oil inventories since the week ended January 18th. Meanwhile, gasoline inventories fell by 4.227 million barrels, following a 1.906 million decrease in the previous week. It is the third consecutive week of declines in gasoline stocks and the steepest since the week ended October 19th of 2018.
2019-03-06T15:33:48.193"
US Imports Jump 2.1% in December,Imports,"US Imports Jump 2.1% in DecemberUnited States ImportsImports of goods and services to the US climbed USD 5.5 billion from a month earlier to USD 264.9 billion in December 2018. Goods imports rose USD 5.1 billion to USD 217.2 billion, as purchases of capital goods were up USD 2.7 billion on the back of computer and computer accessories; and those of consumer goods advanced USD 2.4 billion boosted by household & kitchen appliances and cell phones & other household goods. In addition, imports of services, such as transport, increased USD 0.5 billion to USD 47.7 billion in December. On a non-seasonally adjusted basis, imports fell from all main partners: Mexico (-8.4 percent); Canada (-7 percent); the EU (-2.4 percent); Japan (-2.3 percent); and China (-1.1 percent). For 2018, imports jumped 7.5 percent from a year earlier to USD 3.12 trillion.2019-03-06T13:37:00"
US Trade Deficit Largest since 2008,Balance of Trade,"US Trade Deficit Largest since 2008United States Balance of TradeThe US trade deficit widened to USD 59.8 billion in December of 2018 from an upwardly revised USD 50.3 billion in the previous month and compared with market expectations of a USD 57.9 billion gap. It is the largest deficit since October of 2008 as exports declined for the third month and imports recovered. In 2018, the country's trade gap widened to a 10-year high, with the goods gap with China jumping to a record high despite tariffs on USD 250 billion worth of Chinese imports. 2019-03-06T13:33:00"
US Exports Drop 1.9% to 10-Month Low in December,Exports,"US Exports Drop 1.9% to 10-Month Low in DecemberUnited States ExportsExports of goods and services from the US fell USD 3.9 billion from the previous month to a ten-month low of USD 205.1 billion in December 2018. Goods exports decreased USD 3.9 billion to USD 135.6 billion, mainly due to lower sales of industrial supplies and materials (down USD 2.1 billion), such as other petroleum products, crude oil and fuel oil; and capital goods (down USD 1.7 billion), namely civilian aircraft. In addition, exports of services, in particular transport, dropped less than USD 0.1 billion to USD 69.5 billion in December. On a non-seasonally adjusted basis, exports fell to Mexico (-15.4 percent), Canada (-10 percent), the EU (-3.5 percent) and Japan (-2.1 percent), but rose to China (6 percent). For 2018, exports increased 6.3 percent from the previous year to USD 2.50 trillion.2019-03-06T13:33:00"
US Companies Add Less Jobs than Expected: ADP,ADP Employment Change,"US Companies Add Less Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 183 thousand workers in February of 2019, less than an upwardly revised 300 thousand in January and slightly below market expectations of 189 thousand. The service-providing sector added 139 thousand jobs, boosted by professional & business (49 thousand); education & health (37 thousand); financial activities (21 thousand); trade, transportation & utilities (14 thousand); other services (8 thousand); information (7 thousand); and leisure & hospitality (4 thousand). In addition, the goods-producing sector added 44 thousand jobs, supported by both construction (25 thousand), manufacturing (17 thousand) and natural resources & mining (3 thousand). Midsized companies were the ones hiring the most (95 thousand), followed by large (77 thousand) and small firms (12 thousand). 2019-03-06T13:20:25.293"
US MBA Mortgage Applications Fall in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 2.5 percent in the week ended March 1st 2019, following a 5.3 percent gain in the previous week, data from the Mortgage Bankers Association showed. Refinance applications dropped 2.0 percent and applications to purchase a home declined 2.6 percent. The average fixed 30-year mortgage rate went up by 2bps to 4.67 percent.2019-03-06T12:01:00"
US Government Budget Surplus Smaller than Expected,Government Budget Value,US Government Budget Surplus Smaller than ExpectedUnited States Government Budget ValueThe US government budget surplus narrowed to USD 9 billion in January of 2019 from USD 49 billion in the corresponding month of the previous year. It compares with market expectations of a USD 25 billion surplus. Federal spending increased 6 percent to USD 331 billion while revenues declined 6 percent to USD 340 billion.2019-03-05T19:02:00
US IBD/TIPP Economic Optimism at 4-Month High in March,Economic Optimism Index,"US IBD/TIPP Economic Optimism at 4-Month High in MarchUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index increased 5.4 points to 55.7 in March 2019 from 50.3 in the previous month and beating market expectations of 51.2. It was the highest reading November last year, as the Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, rose 2.6 points to 62.6. Additionally, the Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, went up 7.1 points to 51.6 and the Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, advanced 6.6 points to 52.9. 2019-03-05T15:09:00"
US Services Growth Beat Forecasts: ISM,Non Manufacturing PMI,"US Services Growth Beat Forecasts: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States jumped to 59.7 in February of 2019 from 56.7 in January, beating market expectations of 57.3. The reading pointed to the strongest expansion in the services sector in three months, as business activity, new orders and employment rose faster. Service providers remained mostly optimistic about overall business conditions and the economy but showed concerns about the uncertainty of tariffs, capacity constraints and employment resources.2019-03-05T15:05:00"
US New Home Sales Rise to 7-Month High,New Home Sales,"US New Home Sales Rise to 7-Month HighUnited States New Home SalesSales of new single-family houses in the United States climbed 3.7 percent from the previous month to a seasonally adjusted annual rate of 621 thousand in December 2018, following a downwardly revised 9.1 percent jump in November and easily beating market expectations of an 8.7 percent plunge. It was the highest level since last May, supported by sales in the South, West and Northeast. Considering 2018 full year, an estimated 622 thousand new homes were sold, up 1.5 percent from the 2017 figure of 613 thousand.2019-03-05T15:02:00"
US Output Growth Accelerates to 7-Month High: Markit,Composite Pmi,"US Output Growth Accelerates to 7-Month High: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI was revised lower to 55.5 in February 2018 from 55.8 previously estimated and compared to January's 54.4. It was the highest reading since July, as a quicker upturn in business activity in the service sector (PMI at 56 vs 54.2 in January) offset the slowdown in manufacturing output (PMI at 53 vs 54.9 in January).2019-03-05T14:55:00"
US Services Activity Growth Remains Solid: Markit,Services PMI,"US Services Activity Growth Remains Solid: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised lower to 56.0 in February 2019 from a preliminary estimate of 56.2 and compared to January's final 54.2. The latest reading pointed to the strongest pace of expansion in the service sector since July, as new business rose the most since last October, amid more robust client demand and the opening of new facilities, and new export order growth was the highest for nine months. In addition, the rate of job creation was the quickest for five months and backlogs of work increased to the greatest extent since May 2018. On the price front, input cost inflation accelerated from January's 22-month low and was the highest since last November on higher raw material and fuel prices, tariffs and higher interest rates. The rate of charge inflation also picked up. Looking ahead, service providers were less upbeat towards the year-ahead outlook for business activity. 2019-03-05T14:53:00"
Wall Street Closes Lower on Monday,Stock Market,"Wall Street Closes Lower on MondayUnited States Stock MarketWall Street closed lower on Monday 4 March 2019 after data showed construction spending unexpectedly fell 0.6% in December, compared to expectations of a 0.2% gain and few developments on US-China trade negotiations persisted. The Dow Jones retreated 207 points or 0.8% to 25820. The S&P 500 declined 11 points or 0.4% to 2793. The Nasdaq fell 18 points or 0.2% to 7578.2019-03-04T21:07:00"
US Stocks Fall,Stock Market,"US Stocks FallUnited States Stock MarketWall Street traded lower on Monday, reversing earlier gains after data showed construction spending unexpectedly fell 0.6% in December, compared to expectations of a 0.2% gain. Investors also await further developments on US-China trade negotiations: if a deal can be reached by the end of the month and if tariffs are removed. The Dow Jones was down 1.1%, the S&P 500 fell 0.8% and the Nasdaq traded 0.8% lower around 12:10 PM NY time.2019-03-04T17:21:03.71"
US ISM New York Index Falls Further in February,Ism New York Index,"US ISM New York Index Falls Further in FebruaryUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States decreased to 61.1 in February of 2019 from 63.4 in January, pointing to a new-low growth in the New York area since June. Expected revenues fell (65.4 from 71.4 in January) while current revenues were seen higher (76.9 from 60), prices paid slowed (60.7 from 72.5) and both quantity of purchases (65.4 from 44.7) and employment (60.7 from 53.1) increased. Meanwhile, the Six-Month Outlook improved to 71.5 from 58.3.2019-03-04T15:26:37.703"
US Construction Spending Falls Unexpectedly,Construction Spending,"US Construction Spending Falls UnexpectedlyUnited States Construction SpendingUS construction spending decreased 0.6 percent from a month earlier to a seasonally adjusted annual rate of USD 1.29 trillion in December of 2018, down from a 0.8 percent rise in November and missing market expectations of a 0.2 percent gain. Spending on private construction dropped 0.6 percent, after a 1.3 percent jump in the previous month, led by residential projects (-1.4 percent from 3.4 percent) while nonresidential projects rebounded (0.4 percent from -1.1 percent). Also, investment in public construction declined 0.6 percent (from -1 percent in November), dragged down by both residential (-5.1 percent from -5.3 percent) and nonresidential projects (-0.6 percent from -0.9 percent). Year-on-year, construction spending grew 1.6 percent. Considering full 2018, investment in construction rose 4.1 percent, the lowest since 2011.2019-03-04T15:02:00"
US 10Y Bond Yield Hits 6-week High,Government Bond 10Y,US 10Y Bond Yield Hits 6-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 6-week high of 2.764%2019-03-04T00:25:43.883
US Stocks Close Higher on Friday,Stock Market,"US Stocks Close Higher on FridayUnited States Stock MarketWall Street closed moderately in the green on Friday 1 March 2019, as investors remained confident with the market’s strongest start of a year in nearly three decades nudged by lower monetary, fiscal and trade policy uncertainty in the United States. The Dow Jones gained 110 points or 0.4% to 26026. The S&P 500 added 19 points or 0.7% to 2804. The Nasdaq climbed 63 points or 0.8% to 7595.2019-03-01T21:19:00"
US Factory Growth Lowest since 2016: ISM,Business Confidence,"US Factory Growth Lowest since 2016: ISMUnited States Business ConfidenceThe ISM Manufacturing PMI in the US fell to 54.2 in February of 2019 from 56.6 in January, below market expectations of 55.5. The reading pointed to the slowest growth in factory activity since November of 2016 as new orders, production and employment increased less. 2019-03-01T15:05:00"
US February Consumer Sentiment Revised Lower,Consumer Confidence,"US February Consumer Sentiment Revised LowerUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised lower to 93.8 in February 2019 from a preliminary 95.5, as the bounce-back from the end of the Federal shutdown faded in late February. Still, the latest figure was above January's near two-year low of 91.2 due to a slight improvement in consumer expectations while the current economic conditions continued to deteriorate. 2019-03-01T15:03:00"
US Factory Growth Revised Lower: Markit,Manufacturing PMI,"US Factory Growth Revised Lower: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised lower to 53 in February of 2019 from a preliminary reading of 53.7 and 54.9 in January. The reading pointed to the lowest expansion in factory activity since August of 2017, amid slower rises in output and new orders. Notably, the increases were smaller than their respective long-run trends, with growth rates dipping to 17- and 20-month lows, respectively.2019-03-01T14:51:00"
US Stocks Rise on Hopes of US-China Trade Deal,Stock Market,"US Stocks Rise on Hopes of US-China Trade DealUnited States Stock MarketWall Street opened higher on Friday after Bloomberg news reported that US officials were preparing for a summit between President Trump and Chinese leader Xi Jinping, at which trade agreement could be signed. The rise comes despite data showing personal spending fell 0.5% in December, the most in over nine years and personal income edged down 0.1% in January, the first decline in more than 3 years. The Dow Jones rose 0.8%, the S&P 500 went up 0.7% and the Nasdaq traded 0.7% higher around 8 minutes after the opening bell.
2019-03-01T14:46:00"
US 10Y Bond Yield Hits 5-week High,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 5-week high of 2.744%2019-03-01T14:21:37.213
US PCE Prices Beat Forecasts,PCE Price Index Monthly Change,"US PCE Prices Beat ForecastsUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure (PCE) price index in the United States increased 0.1 percent month-over-month in December of 2018, following a downwardly revised flat reading in November while markets were expecting no growth. Prices for services increased 0.3 percent, slightly faster than a 0.2 percent rise in November. Cost of goods fell 0.5 percent, following a 0.4 percent drop in November, mainly due to a 0.7 percent decline in cost of nondurable goods (-0.6 percent in November) while prices of durable goods were flat for the third month. Excluding food and energy, PCE prices were up 0.2 percent, the same as in the previous month and in line with market expectations. Year-on-year, the PCE price index advanced 1.7 percent, below 1.8 percent in November and the core index rose 1.9 percent, the same as in November.2019-03-01T13:42:52.403"
US Personal Income Unexpectedly Falls in January,Personal Income,"US Personal Income Unexpectedly Falls in JanuaryUnited States Personal IncomeUS personal income decreased 0.1% month-over-month in January of 2019, the first fall since November 2015, after rising 1% in December and missing forecasts of a 0.3% gain. The decrease in personal income in January primarily reflected decreases in personal dividend income, farm proprietors’ income, and personal interest income that were partially offset by increases in social security benefit payments, and other government social benefits to persons, which includes the Child Tax Credit and the Affordable Care Act refundable tax credit. Wages and salaries, the largest component of personal income, went up 0.3% in January, after a 0.5% advance in December. Estimates for January and December were released together due to the recent partial government shutdown. In December, US personal income jumped 1% from a month earlier, following an upwardly revised 0.3% rise in November. Considering 2018, personal income increased 4.5%, compared with a 4.4% gain in 2017.2019-03-01T13:33:00"
US Personal Spending Posts Biggest Fall in Over 9 Years,Personal Spending,"US Personal Spending Posts Biggest Fall in Over 9 YearsUnited States Personal SpendingPersonal spending in the United States fell 0.5 percent from a month earlier in December 2018, following a downwardly revised 0.6 percent increase in November and compared to market expectations of a 0.2 percent drop. It was the largest decline in personal spending since September 2009. Considering 2018 full year, PCE increased 4.7 percent, faster than 4.3 percent in 2017. 2019-03-01T13:31:00"
Chicago PMI Rebounds in February,Chicago Pmi,"Chicago PMI Rebounds in FebruaryUnited States Chicago PmiThe MNI Chicago Business Barometer for the US rose to 64.7 in February of 2019 from 56.7 in January, beating market expectations of 57. It is the highest reading since December of 2017 as four of the five Barometer components increased. The pick-up in demand contributed the most to the Barometer’s rise. New orders rose by 15.2 points, the most since January 2016; production was up 8.5 points to a fresh six-month high; and order backlogs were up by 5.6 points. On the other hand, supplier delivery times hit the lowest level since June of 2017, declining for the fourth consecutive month. 

2019-02-28T16:18:00"
US GDP Growth Slows Less Than Expected,GDP Growth Rate,"US GDP Growth Slows Less Than ExpectedUnited States GDP Growth RateThe US economy advanced an annualized 2.6 percent on quarter in the fourth quarter of 2018, beating market expectations of a 2.4 percent growth, the initial estimate showed. It follows a 3.4 percent expansion in the previous period. The increase in real GDP in the fourth quarter reflected positive contributions from personal consumption expenditures (PCE), nonresidential fixed investment, exports, private inventory investment, and federal government spending. Those were partly offset by negative contributions from residential fixed investment, and state and local government spending. Imports increased.
2019-02-28T13:32:00"
US Jobless Claims Rise More than Expected,Initial Jobless Claims,"US Jobless Claims Rise More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 8 thousand to 225 thousand in the week ending February 23 from the previous week’s revised level of 217 thousand. It compares with market expectations of 220 thousand. According to unadjusted data, the largest gains were seen in Kentucky (+4,412); Massachusetts (+4,219) and Connecticut (+941) while the biggest declines were registered in California (-8,574); Washington (-4,690) and Oregon (-826).2019-02-28T13:31:00"
US Stocks Fall as Trade Chief Lighthizer Testifies,Stock Market,"US Stocks Fall as Trade Chief Lighthizer TestifiesUnited States Stock MarketUS equities extended losses on Wednesday after US trade representative Robert Lighthizer said before a Congressional committee that much work still needs to be done in US-China trade negotiations. The Dow Jones lost 152 points, or 0.6%, to 25,906; the S&P 500 fell 14 points, or 0.5%, to 2,780; and the Nasdaq dropped 50 points, or 0.7%, to 7,500 around 11 AM NY time.2019-02-27T15:54:00"
US Crude Oil Inventories Fall the Most in Over 7 Months,Crude Oil Stocks Change,"US Crude Oil Inventories Fall the Most in Over 7 MonthsUnited States Crude Oil Stocks ChangeUS crude oil stocks declined by 8.647 million barrels in the week ended February 22nd of 2019, down from a 3.672 million rise in the previous week and against market expectations of a 2.842 million gain. It is the biggest drop since the week ended July 6th of 2018. Meanwhile, gasoline inventories fell by 1.906 million barrels, after a 1.454 million decrease in the previous week. 
2019-02-27T15:31:00"
US Pending Home Sales Fall 2.3% YoY in January,Pending Home Sales,"US Pending Home Sales Fall 2.3% YoY in JanuaryUnited States Pending Home SalesContracts to buy previously owned US homes fell 2.3 percent from a year earlier in January 2019, following an upwardly 9.9 percent decline in the previous month. It marks the 13th straight month of decreases in pending home sales. The sales dropped the most in the West (-10.1 percent), followed by the South (-3.1 percent), and the Midwest (-0.3 percent) while in the Northeast purchased advanced 7.6 percent. On a month-over-month basis, sales went up 4.6 percent, after an upwardly revised 2.3 percent fall and above market consensus of a 0.5 percent gain. 2019-02-27T15:06:00"
US Factory Orders Rebound Less than Expected,Factory Orders,"US Factory Orders Rebound Less than ExpectedUnited States Factory OrdersNew orders for manufactured goods made in the US edged up 0.1 percent from a month earlier in December 2018, following a downwardly revised 0.5 percent drop in November and missing market expectations of a 0.5 percent rise. Transportation equipment orders grew the most (3.2 percent vs 3.1 percent), followed by furniture and related products (3.4 percent vs -1.7 percent), fabricated metal products (0.4 percent vs 1.8 percent) and computers and electronic products (0.1 percent, the same as in November). Meanwhile, demand declined for non-durable goods (-1 percent vs -2 percent); machinery (-1 percent vs -2 percent) and electrical equipment, appliances, and components (-0.3 percent vs -2.6 percent).2019-02-27T15:06:00"
US Mortgage Applications Rise for Second Week: MBA,Mortgage Applications,"US Mortgage Applications Rise for Second Week: MBA United States Mortgage ApplicationsMortgage applications in the United States rose 5.3 percent in the week ended February 22nd 2019, following a 3.6 percent increase in the previous week, data from the Mortgage Bankers Association showed. Refinance applications advanced 4.6 percent and applications to purchase a home jumped 6.1 percent. The average fixed 30-year mortgage rate went down by 1bp to 4.65 percent.2019-02-27T12:02:00"
US 10Y Bond Yield Hits 7-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 7-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 7-week low of 2.6303%2019-02-27T00:55:24.987
US Fifth District Manufacturing Activity Grows in February,Richmond Fed Manufacturing Index,"US Fifth District Manufacturing Activity Grows in FebruaryUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia jumped to 16 in February 2019 from -2 in the previous month, easily beating market consensus of 8. It was the highest reading since September, buoyed by increases in the indexes for shipments (12 vs -8) and new orders (19 vs -11). In addition, the index for local business conditions rose to 4 from -11, while the employment index fell slightly but remained in expansionary territory (15 vs 19). Firms remained optimistic that conditions would continue to improve in the next six months.2019-02-26T15:04:00"
"Fed Shows Concerns over China, Brexit",Interest Rate,"Fed Shows Concerns over China, BrexitUnited States Interest RateEconomic activity is seen expanding at a solid pace, albeit somewhat slower than in 2018, and the job market is expected to remain strong. Recent declines in energy prices will likely push headline inflation further below the FOMC longer-run goal of 2% for a time, but aside from those transitory effects, inflation is seen running close to 2%, Fed Chair Powell said in his Semiannual Monetary Policy Report to the Congress. Fed Chair added that over the past few months some crosscurrents and conflicting signals were observed. Financial markets became more volatile toward year-end, and financial conditions are now less supportive of growth than they were earlier last year. Growth has slowed in some major foreign economies, particularly China and Europe. And uncertainty is elevated around several unresolved government policy issues, including Brexit and ongoing trade negotiations. 2019-02-26T14:59:00"
US Home Price Growth Eases to 4-Year Low: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Price Growth Eases to 4-Year Low: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US increased 4.2 percent year-on-year in December 2018, easing from a 4.6 percent growth in November and missing market expectations of 4.5 percent. It was the smallest annual gain in house prices since November 2014. Las Vegas reported the biggest increase in home prices (11.4 percent), followed by Phoenix (8 percent) and Atlanta (5.9 percent), while the smallest gains was recorded in San Diego (2.3 percent), Washington (2.7 percent) and Chicago (3 percent). The national index, covering all nine US census divisions, rose 4.7 percent in December, down from 5.1 percent in the previous month.2019-02-26T14:07:00"
US House Prices Growth Matches Expectations: FHFA,FHFA House Price Index MoM,"US House Prices Growth Matches Expectations: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.3 percent month-over-month in December of 2018, below a 0.4 percent gain in November and in line with market expectations. Monthly price changes ranged from -0.3 percent in the East South Central division to +0.8 percent in the New England division. Year-on-year, house prices went up 5.6 percent, after an upwardly revised 5.9 percent rise in the previous month. The 12-month changes were all positive, ranging from +4.0 percent in the West South Central division to +7.7 percent in the Mountain division.  2019-02-26T14:06:00"
US Housing Starts Lowest since 2016,Housing Starts,"US Housing Starts Lowest since 2016United States Housing StartsHousing starts in the United States slumped 11.2 percent from a month earlier to an annualized rate of 1,078 thousand in December of 2018, compared to market forecasts of a 0.5 percent drop. It is the lowest reading since September of 2016. Considering full 2018, housing starts rose a non-seasonally adjusted 3.6 percent to 1246.6 thousand.2019-02-26T13:36:00"
US Building Permits Unexpectedly Rise to 8-Month High,Building Permits,"US Building Permits Unexpectedly Rise to 8-Month HighUnited States Building PermitsUS building permits increased 0.3 percent from a month earlier to a seasonally adjusted annual rate of 1,326 thousand in December 2018, the highest level since April while markets were expecting a 2.8 percent drop to 1,290 thousand. Permits for the volatile multi-family housing segment rose 4.9 percent to 497 thousand while single-family authorisations declined 2.2 percent to 829 thousand. Across regions, building permits increased in the West (17.1 percent to 383 thousand), but fell in the South (-2 percent to 688 thousand), Midwest (-17.6 percent to 145 thousand) and Northeast (-6 percent to 110 thousand). Considering full 2018, building permits rose a non-seasonally adjusted 2.2 percent to 1310.7 thousand.2019-02-26T13:34:00"
US Stocks Rise Slightly,Stock Market,US Stocks Rise Slightly United States Stock MarketWall Street erased most gains to close modestly higher on Monday after President Trump tweeted on Sunday that the US has made substantial progress in trade talks with China and the March 1st deadline to increase tariffs on Chinese imports will be delayed. The Dow Jones went up 60 points or 0.2% to 26092; the S&P 500 increased 3 points or 0.1% to 2796; and the Nasdaq closed 27 points or 0.4% higher at 7554.2019-02-25T21:14:18.82
Dallas Fed Manufacturing Index Highest in 3 Months,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Highest in 3 MonthsUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to 13.1 in February of 2019 from 1 in January, beating market expectations of 4.8. It is the highest reading in three months, mainly due to a higher growth rate in orders (3.4 from 1.2) and a rise in employment (12.6 from 3.6), wages and benefits (28.9 from 27.4) and capital expenditures (18.7 from 16). On the other hand, slower increases were seen for production (10.1 from 14.5), new orders (6.9 from 11.6) and shipments (10.7 from 11.4). Also, prices received for finished goods slowed (5.2 from 6.4) and prices paid for raw materials rose faster (21.8 from 21.2).2019-02-25T15:47:18.32"
US Wholesale Stocks Rise the Most in Over 5 Years,Wholesale Inventories,"US Wholesale Stocks Rise the Most in Over 5 YearsUnited States Wholesale InventoriesUS wholesale inventories increased 1.1 percent from a month earlier in December 2018, following an upwardly revised 0.4 percent gain in the previous month and easily beating market expectations of 0.3 percent. It was the largest gain in wholesale stocks since October 2013 as auto inventories rose 0.9 percent (vs 0.6 percent in November) and hardware inventories advanced 1.7 percent, the biggest increase since June 2012. In addition, furniture stocks jumped 2.4 percent, the most since November 2012, and apparel inventories climbed 3.8 percent, the largest gain since September 2010. Year-on-year, inventories rose 7.3 percent. 2019-02-25T15:04:00"
US Stocks Rise after March Deadline Extended,Stock Market,"US Stocks Rise after March Deadline ExtendedUnited States Stock MarketWall Street opened sharply higher on Monday after President Trump tweeted on Sunday that the US has made substantial progress in trade talks with China, following extended trade talks during the weekend, and the March 1st deadline to increase tariffs on Chinese imports will be delayed. The Dow Jones jumped 0.6%, the S&P 500 went up 0.6% and the Nasdaq traded 0.9% higher around 8 minutes after the opening bell.
2019-02-25T14:30:00"
Chicago Fed National Activity Index Drops to 8-Month Low,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Drops to 8-Month LowUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index fell to -0.43 in January 2019 from a downwardly revised +0.05 in the previous month. The contribution from production-related indicators to the CFNAI decreased sharply to -0.45 from +0.08 in December; and the contribution of the personal consumption and housing category remained negative at -0.04, compared to -0.06 in the previous month. Meanwhile, the sales, orders, and inventories category made a contribution of +0.02 in January, up slightly from a neutral contribution in December, and the employment-related indicators contributed +0.05, up slightly from +0.02.2019-02-25T13:35:00"
US Trade Talks with China Extended for Two More Days,Balance of Trade,"US Trade Talks with China Extended for Two More DaysUnited States Balance of TradePresident Trump met with Chinese Vice Premier Liu He on Friday 22 February 2019, with reports pointing to a late-March meeting in Florida and a 1.2 trillion commitment from China to buy US goods. Both sides agreed to extend high-level negotiations in Washington for two more days. Treasury Secretary Mnuchin said that the March meeting may depend on the outcome of the next few days of negotiations. 2019-02-22T21:14:00"
US Stocks Close Higher on Friday,Stock Market,"US Stocks Close Higher on FridayUnited States Stock MarketWall Street closed in the green on Friday 22 February 2019, as investors were optimistic regarding trade negotiations between China and the US. President Trump met with Chinese Vice Premier Liu He, with reports pointing to a late-March meeting in Florida and a 1.2 trillion commitment from China to buy US goods. Both sides agreed to extend high-level negotiations in Washington for two more days. The Dow Jones gained 181 points or 0.7% to 26032, booking its ninth straight weekly advance. The S&P 500 rose 18 points or 0.6% to 2793. The Nasdaq climbed 68 points or 0.8% to 7528.2019-02-22T21:09:00"
US Stocks Rise on Trade Optimism,Stock Market,"US Stocks Rise on Trade OptimismUnited States Stock MarketWall Street traded higher on Friday as investors were optimistic regarding trade negotiations between China and the US. President Trump is expected to meet Chinese Vice Premier Liu He later in the day. The Dow Jones was up 0.7%, the S&P 500 added 0.7% and the Nasdaq traded 0.9% higher around 12:00 PM NY time.2019-02-22T17:07:30.563"
Stocks in United States Hit 15-week High,Stock Market,Stocks in United States Hit 15-week HighUnited States Stock MarketDow Jones increased to a 15-week high of 259872019-02-22T15:16:16.98
US Crude Inventories Rise More than Expected,Crude Oil Stocks Change,"US Crude Inventories Rise More than ExpectedUnited States Crude Oil Stocks ChangeUS crude oil stocks increased by 3.672 million barrels in the week ending February 15th, 2019, following a 3.633 million advance in the previous week and above market expectations of a 3.08 million rise. Meanwhile, gasoline inventories fell by 1.454 million barrels.2019-02-21T16:04:00"
US Existing Home Sales Unexpectedly Fall in January,Existing Home Sales,"US Existing Home Sales Unexpectedly Fall in JanuaryUnited States Existing Home SalesSales of previously owned houses in the US fell 1.2 percent to a seasonally adjusted annual rate of 4.94 million in January of 2019 from an upwardly revised 5 million in December. It is a new-low reading since November of 2015 and compares with market expectations of 5 million. Sales of single family home sales dropped 1.8 percent to 4.37 million (vs -3.9 percent in December) while sales of condos rose 3.6 percent to 0.57 million (vs -5.2 percent). The median house price fell to $247,500 from $254,700 in December but rose from $240,800 a year earlier. The months' worth of supply went up to 3.9 from 3.7. Year-on-year, existing home sales dropped 8.5 percent.2019-02-21T15:09:00"
US Private Sector Output Grows the Most in 8 Months: Markit,Composite Pmi,"US Private Sector Output Grows the Most in 8 Months: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI rose to an eight-month high of 55.8 in February 2019 from 54.4 in the previous month and above market consensus of 55.1, a preliminary estimate showed. Service sector activity expanded the most since June last year, while manufacturing growth eased to over one-year low. Overall new business growth picked up to four-month high led by sales to domestic clients and the pace of job creation accelerated sharply from the 19-month low seen in January. On the price front, input cost inflation remained much softer than seen on average in the final quarter of 2018. Looking ahead, business optimism softened slightly, amid worries about the global economic outlook, with US manufacturers recording a particularly marked drop in confidence during the latest survey period.2019-02-21T14:58:36.383"
US Factory Growth Lowest since 2017: Markit,Manufacturing PMI,"US Factory Growth Lowest since 2017: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 53.7 in february of 2019 from 54.9 in January and below market expectations of 54.7, preliminary estimates showed. The reading pointed to the slowest growth in factory activity since September of 2017, amid soft client demand, partly linked to uncertainty across manufacturing supply chains and concerns about the global trade outlook. There were also some reports that adverse weather conditions had disrupted production schedules in February.2019-02-21T14:50:48.473"
US Services Growth Accelerates to 8-Month High: Markit,Services PMI,"US Services Growth Accelerates to 8-Month High: MarkitUnited States Services PMIThe IHS Markit US Services PMI rose to 56.2 in February 2019 from 54.2 in the previous month and well above market expectations of 54.3, a preliminary estimate showed. The latest reading pointed to the strongest pace of expansion in the service sector since June, as new work rose the most since September, amid higher levels of business and consumer spending. In addition, backlogs of work increased the most in more than four years and the pace of job creation picked up to a five-month high. On the price front, input cost inflation accelerated from the near two-year low seen at the start of 2019. Higher operating expenses and improving demand conditions contributed to another solid increase in average prices charged by service sector firms.2019-02-21T14:50:31.487"
Philadelphia Fed Manufacturing Index Lowest in Near 3 Years,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Lowest in Near 3 YearsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States slumped to -4.1 in February of 2019 from 17 in January and well below market expectations of 14. It is the lowest reading since May of 2016, due to falls in new orders (-2.4 from 21.3) and shipments (-5.3 from 11.4) and a slowdown in the average workweek (4.7 from 6). On the other hand, employment increased (14.5 from 9.6); prices paid eased (21.8 from 32.7) while prices received rose faster (27.7 from 24.8); and inventories rebounded (3.3 from -7.6). The 6-month outlook edged up to 31.3 from 31.2.2019-02-21T13:37:14.207"
US Durable Goods Orders Rise Less than Expected,Durable Goods Orders,"US Durable Goods Orders Rise Less than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods rose 1.2 percent from a month earlier in December 2018, following an upwardly revised 1 percent advance in November and missing market expectations of a 1.5 percent gain. Transportation equipment drove the increase.2019-02-21T13:31:40.133"
US Jobless Claims Fall More than Expected in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall More than Expected in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits fell by 23 thousand to 216 thousand in the week ending February 16 from the previous week’s unrevised level of 239 thousand. It compares with market expectations of 229 thousand. According to unadjusted data, the biggest declines were registered in Wisconsin (-4,560); Michigan (-4,377); Pennsylvania (-4,163) and New York (-3,730) while the largest gains were seen in Washington (+1,670); Virginia (+779) and Nevada (+271).2019-02-21T13:31:00"
Fed Policymakers Unsure on Future Rate Hikes: Minutes,Interest Rate,"Fed Policymakers Unsure on Future Rate Hikes: MinutesUnited States Interest RateMany Fed officials suggested that it was not yet clear what adjustments to the target range for the federal funds rate may be appropriate later this year, minutes of the January meeting showed. Policymakers also noted that some risks to the downside had increased and pledged to end reductions to its balance sheet before the end of 2019. 2019-02-20T19:19:00"
Stocks in United States Hit 11-week High,Stock Market,Stocks in United States Hit 11-week HighUnited States Stock MarketDow Jones increased to a 11-week high of 259642019-02-20T19:07:18.473
US MBA Mortgage Applications Rebound in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Rebound in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 3.6 percent in the week ended February 15th 2019, rebounding from a 3.7 percent fall in the previous week, data from the Mortgage Bankers Association showed. Refinance applications increased 6.4 percent and applications to purchase a home advanced 1.7 percent. The average fixed 30-year mortgage rate went up by 1bps to 4.66 percent.2019-02-20T12:02:49.087"
US 10Y Bond Yield Hits 6-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 6-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 6-week low of 2.6303%2019-02-20T10:32:12.28
Stocks in United States Hit 11-week High,Stock Market,Stocks in United States Hit 11-week HighUnited States Stock MarketDow Jones increased to a 11-week high of 258832019-02-19T15:03:05.423
US Home Builder Confidence Stronger than Expected,Nahb Housing Market Index,US Home Builder Confidence Stronger than ExpectedUnited States Nahb Housing Market IndexThe NAHB Housing Market Index for the US increased to a four-month high of 62 in February of 2019 from 58 in the previous month and beating market expectations of 59. The index component that tracks views of current sales conditions rose to 67 from 64 in January; the gauge of home sales over the next six months went up to 68 from 63 and the measure of buyer traffic advanced to 48 from 44.2019-02-19T15:02:00
Overseas Investors Sell US Assets in December,Capital Flows,"Overseas Investors Sell US Assets in DecemberUnited States Capital FlowsOverseas investors sold USD 33.1 billion of US assets, including short-dated instruments, in December 2018 after buying an upwardly revised USD 32.1 billion in November. Meanwhile, foreigners sold USD 48.3 billion of long-term US securities, including government and corporate, after buying a downwardly revised USD 32.0 billion in the previous month. Foreign investors sold USD 77.4 billion of US treasuries, after selling an upwardly revised USD 13.2 billion in November.2019-02-15T21:21:00"
US Stocks Close Higher on Friday,Stock Market,"US Stocks Close Higher on FridayUnited States Stock MarketWall Street closed in the green on Friday 15 February 2019, as investors’ sentiment was boosted by news of progress on US-China trade dispute. Talks between the two countries are set to continue next week in Washington in an effort to achieve a trade deal before the March 1st deadline. Also, sentiment was nudged by US consumer sentiment, which  rose to 95.5 in February of 2019 from 91.2 in January. The Dow Jones gained 444 points or 1.8% to 25883, booking its eighth straight weekly gain. The S&P 500 climbed 30 points or 1.1% to 2776. The Nasdaq added 46 points or 0.6% to 7472.2019-02-15T21:08:00"
President Trump Declares National Emergency,Government Budget Value,"President Trump Declares National EmergencyUnited States Government Budget ValueUS President Donald Trump said on Friday February 15th 2019 he will declare a national emergency at the southern US border to secure funds for his border wall. The national emergency declaration will allow the Trump administration to unlock USD 3.6 billion from the Defense Department military construction budget, along with another USD 2.5 billion the department had allocated for counter-drug activities. Trump also agreed to sign a spending bill approved by the Congress on Thursday that prevents a new government shutdown. The bill includes USD 1.4 billion to build 55 miles of new border fencing with Mexico, less than USD 5.7 billion demanded by President Trump.
2019-02-15T16:14:00"
US Consumer Sentiment Rises in February,Consumer Confidence,"US Consumer Sentiment Rises in FebruaryUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US rose to 95.5 in February of 2019 from 91.2 in January, preliminary estimates showed. The early February gains reflect the end of the partial government shutdown as well as a more fundamental shift in consumer expectations due to the Fed's pause in raising interest rates. 2019-02-15T15:05:50.97"
US Stocks Rise as Trade Talks are Extended,Stock Market,"US Stocks Rise as Trade Talks are ExtendedUnited States Stock MarketWall Street opened higher on Friday as investors remain confident China and the US can reach a trade deal after news that negotiations will continue next week in Washington. Gains come despite an unexpected 0.6% fall in industrial production in January. The Dow Jones was up 1%, the S&P 500 rose 0.8% and the Nasdaq traded 0.5% higher around 10 minutes after the opening bell. 2019-02-15T14:51:00.923"
US Industrial Output Falls for 1st Time in 8 Months,Industrial Production Mom,"US Industrial Output Falls for 1st Time in 8 MonthsUnited States Industrial Production MomUS industrial output dropped 0.6 percent from a month earlier in January 2019, following a downwardly revised 0.1 percent growth in December and missing market expectations of a 0.1 percent gain. Manufacturing production fell 0.9 percent, primarily as a result of a large drop in motor vehicle assemblies, while mining and utilities output rose. 2019-02-15T14:17:00"
US Import Prices Fall for 3rd Month,Import Prices MoM,"US Import Prices Fall for 3rd MonthUnited States Import Prices MoMImport prices in the US went down 0.5 percent month-over-month in January of 2019, following a 1 percent decline in December and compared to market expectations of a 0.1 percent decrease. Cost of fuel imports went down 3.2 percent in January and 22.5 percent over the past 3 months, the largest drop over a 3-month period since the index fell 29.2 percent for the 3 months ended in February 2016. The January drop was primarily driven by a 44.2 percent fall in natural gas prices and a 0.1 percent decline in petroleum prices. Also, prices for non-fuel imports edged down 0.2 percent, led by nonfuel industrial supplies and materials (-0.7 percent); consumer goods (-0.3 percent); automotive vehicles (-0.2 percent); and foods, feeds, and beverages (-0.3 percent) which more than offset higher cost for capital goods (0.1 percent). Year-on-year, import prices went down 1.7 percent, the largest annual fall in nearly 2-1/2 years.2019-02-15T13:38:00"
New York State Manufacturing Growth Beats Expectations,NY Empire State Manufacturing Index,"New York State Manufacturing Growth Beats ExpectationsUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States rose 4.9 points from the previous month to 8.8 in February 2019, beating market expectations of 7. New orders and shipments increased modestly and labor market indicators pointed to a slight increase in employment and hours worked. Delivery times were slightly longer, and inventories held steady. On the price front, the prices paid index moved lower for a third consecutive month, indicating an ongoing deceleration in input price increases, while the prices received index climbed ten points to reach its highest level in several months, indicating a pickup in selling price increases. Looking ahead, firms were fairly optimistic about future conditions.2019-02-15T13:35:31.65"
US Export Prices Fall More than Expected,Export Prices MoM,"US Export Prices Fall More than ExpectedUnited States Export Prices MoMExport prices in the US went down 0.6 percent month-over-month in January of 2019, the same as in the previous month and compared with market expectations of a 0.1 percent decrease. Non-agricultural export prices edged down 0.3 percent (from -1.1 percent in December), as decreasing prices for nonagricultural industrial supplies & materials and consumer goods more than offset higher prices for capital goods and automotive vehicles. Also, agricultural export prices dropped 2.1 percent (from 3.8 percent), its largest monthly decrease since July of 2018 (-5.2 percent), as vegetable prices slumped 34.6 percent. Year-on-year, export prices fell 0.2 percent, after a 1.1 percent gain in December. It was the first yearly drop since November of 2016.2019-02-15T13:33:00"
US Business Inventories Fall for 1st Time in 8 Months,Business Inventories,"US Business Inventories Fall for 1st Time in 8 MonthsUnited States Business InventoriesBusiness inventories in the United States decreased 0.1 percent month-over-month in November of 2018, down from a 0.6 percent rise in October and against market expectations of a 0.3 percent gain. It was the first fall in business inventories since March of 2018, as stocks fell at retailers (-0.4 percent from 0.8 percent in October) and manufacturers (-0.1 percent from 0.2 percent). In addition, stocks went up at a softer pace at wholesalers (0.3 percent from 0.9 percent) and for autos and parts (0.5 percent from 1.1 percent). Retail inventories excluding autos, which go into the calculation of GDP, fell 1 percent in November, after a 0.6 percent increase in the previous month.2019-02-14T15:02:00"
US Stocks Fall after Disappointing Retail Sales,Stock Market,"US Stocks Fall after Disappointing Retail SalesUnited States Stock MarketWall Street opened in the red on Thursday after data showed retail sales for December unexpectedly fell 1.2%, the most in nine years while trade talks between China and the US kicked off in Beijing. The Dow Jones fell 0.6%, the S&P 500 went down 0.5% and the Nasdaq traded 0.3% lower around 9 minutes after the opening bell. 2019-02-14T14:40:53.823"
US Producer Prices Fall 0.1% MoM in January,Producer Price Inflation MoM,"US Producer Prices Fall 0.1% MoM in JanuaryUnited States Producer Price Inflation MoMProducer prices for final demand in the US fell by 0.1 percent in January 2019, the same as in the previous month and compared with market expectations of a 0.1 percent gain. Price of goods dropped 0.8 percent, the largest decrease since September 2015, driven by lower cost of energy (-3.8 percent) and food (-1.7 percent). Meanwhile, cost of services rose 0.3 percent, after being unchanged in the previous month. The core index, which excludes food and energy, increased 0.3 percent in January, rebounding from a 0.1 percent fall in December and above market consensus of 0.2 percent. On a yearly basis, producer prices went up 2.0 percent and the core index increased 2.6 percent.2019-02-14T13:34:00"
US Retail Sales Post Biggest Drop in Over 9 Years,Retail Sales MoM,"US Retail Sales Post Biggest Drop in Over 9 YearsUnited States Retail Sales MoMUS retail trade fell by 1.2 percent from a month earlier in December 2018, following a revised 0.1 percent growth in November and missing market expectations of 0.2 percent gain. It was the steepest decline in trade since September 2009, as sales fell in almost all categories. Excluding automobiles, gasoline, building materials and food services, retail sales dropped 1.7 percent in December after an increase of 1 percent in November. 2019-02-14T13:33:00"
US Jobless Claims Rise Unexpectedly in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise Unexpectedly in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 4 thousand to 239 thousand in the week ending February 9 from the previous week’s revised level of 235 thousand. It compares with market expectations of 225 thousand. According to unadjusted data, the biggest increases were seen in Washington (+4,869); Michigan (+1,157) and Minnesota (+461) while the largest declines were reported in California (-3,112); Pennsylvania (-2,056); Ohio (-1,841) and Illinois (-1,369).
2019-02-14T13:32:00"
US Stocks Extend Gains on Wednesday,Stock Market,"US Stocks Extend Gains on WednesdayUnited States Stock MarketWall Street closed modestly in the green on Wednesday 13 February 2019, extending gains as investors remain confident the US and China could reach a trade deal during negotiations this week. On Tuesday, President Trump said the March deadline could be extended if the two countries were close to a deal and on Wednesday news showed President Xi will meet the US delegates on Friday. The Dow Jones gained 118 points or 0.5% to 25543. The S&P 500 advanced 8 points or 0.3% to 2753. The Nasdaq edged up 6 points or 0.1% to 7420.2019-02-13T21:13:00"
US Budget Deficit Larger than Expected,Government Budget Value,"US Budget Deficit Larger than ExpectedUnited States Government Budget ValueThe US government budget deficit narrowed to USD 14 billion in December 2018 from USD 23 billion in the same month of the previous year, above market expectations of USD 11 billion. Federal spending fell 7 percent to USD 326 billion while revenues declined at a slower 4 percent to USD 313 billion.2019-02-13T19:17:49.673"
US Crude Oil Stocks Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise More than ExpectedUnited States Crude Oil Stocks ChangeUS crude oil stocks increased by 3.633 million barrels in the week ending February 8th, 2019, following a 1.263 million gain in the previous week and above market expectations of a 2.3 million rise. Meanwhile, gasoline inventories went up by 0.408 million barrels, after a 0.513 million increase in the previous week and compared with market consensus of a 0.508 million gain.2019-02-13T15:32:37.223"
US Stocks Extend Gains,Stock Market,"US Stocks Extend GainsUnited States Stock MarketWall Street opened higher on Wednesday, extending gains from the previous session as investors remain confident the US and China could reach a trade deal during negotiations this week. On Tuesday, President Trump said the March deadline could be extended for a little while if the two countries were close to a deal and on Wednesday news showed President Xi will meet the US delegates on Friday. The Dow Jones was up 0.7%, the S&P 500 rose 0.6% and the Nasdaq traded 0.5% higher around 12 minutes after the opening bell. 2019-02-13T14:51:00"
US Inflation Rate Drops to 1.6%,Inflation Rate,"US Inflation Rate Drops to 1.6%United States Inflation RateAnnual inflation rate in the United States slowed for the third straight month to 1.6 percent in January of 2019 from 1.9 percent in December. It is the lowest rate since June of 2017, compared to market expectations of 1.5 percent, mainly due to a sharp fall in energy prices, namely gasoline. On a monthly basis, consumer prices were flat, the same as in both December and November. The energy index declined for the third consecutive month, offsetting increases in the indexes for all items less food and energy and for food. 2019-02-13T13:35:00"
US Mortgage Applications Fall for 4th Straight Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 4th Straight Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States decreased 3.7 percent in the week ending February 8th 2019, following a 2.5 percent fall in the previous week, data from the Mortgage Bankers Association showed. It was the fourth consecutive week of declines, as refinance applications went down 0.1 percent and applications to purchase home dropped 6.1 percent. The average fixed 30-year mortgage rate decreased by 4bps to 4.65 percent.2019-02-13T12:01:54.537"
US Stocks Rally on Tuesday,Stock Market,"US Stocks Rally on TuesdayUnited States Stock MarketWall Street rallied on Tuesday 12 February 2019, following news that a second US government shutdown can be avoided through a funding agreement and as investors continue optimistic over a US-China trade deal. Also, investors responded positively to new that lawmakers reached a tentative funding agreement to avoid a second partial government shutdown which includes $1.4 billion to build 55 miles of new border fencing with Mexico, less than $5.7 billion demanded by President Trump. The Dow Jones soared 373 points or 1.5% to 25426.The S&P 500 jumped 35 points or 1.3% to 2745. The Nasdaq surged 107 points or 1.5% to 7415.2019-02-12T21:11:00"
US Job Openings Hit Record High,Job Offers,"US Job Openings Hit Record HighUnited States Job OffersThe number of job openings in the US reached an all-time high of 7.335 million in December 2018 from an upwardly revised 7.166 million in the previous month and above market expectations of 6.9 million. The number of job openings rose for total private (+198,000) and was little changed for government. Across industries, the largest increases in the job openings level were recorded in construction (+88,000), accommodation & food services (+84,000), and health care & social assistance (+79,000). Meanwhile, job openings declined in non-durable goods manufacturing (-37,000), federal government (-32,000), and real estate & rental and leasing (-31,000).2019-02-12T15:08:00"
US Stocks Rise after Tentative Funding Deal,Stock Market,"US Stocks Rise after Tentative Funding DealUnited States Stock MarketWall Street opened in the green on Tuesday after news that lawmakers reached a tentative funding agreement to avoid a second partial government shutdown. The deal was announced late on Monday and includes $1.4 billion to build 55 miles of new border fencing with Mexico, less than $5.7 billion demanded by President Trump. The Dow Jones gained 0.8%, the S&P 500 went up 0.8% and the Nasdaq also traded 0.8% higher around 8 minutes after the opening bell.2019-02-12T14:46:00"
US NFIB's Small Business Optimism at 26-Month Low,NFIB Business Optimism Index,"US NFIB's Small Business Optimism at 26-Month LowUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US dropped to 101.2 in January 2019 from 104.4 in December and compared with market expectations of 103.2. It is the lowest reading since November of 2016, when President Trump was elected. Half of the decrease in the index came from softer expectations for real sales growth and business conditions in the second half of the year. Also, there was a decline in inventory investment plans, consistent with the rise in concerns about the size of current stocks. Additionally, rates of bill payment and receivables collection deteriorated, probably due to the temporary government shutdown. 2019-02-12T11:01:00"
US Stocks Pare Losses to Close Mixed,Stock Market,"US Stocks Pare Losses to Close MixedUnited States Stock MarketWall Street pared most of the sharp losses earlier in the session to close mixed on Friday 8 February 2019, amid renewed worries about the US and China trade dispute. A new report suggested there is still no draft on a trade deal and other news showed next week President Donald Trump could sign an order to ban Chinese telecommunication equipment from US wireless network. The Dow Jones retreated 63 points or 0.3% to 25106. In contrast, the S&P 500 edged up 2 points or 0.1% to 2708 and the Nasdaq gained 10 points or 0.1% to 7298.2019-02-08T21:07:00"
US Stocks Continue to Fall,Stock Market,"US Stocks Continue to FallUnited States Stock MarketWall Street opened lower on Friday and was on track to record the third straight day of losses amid mounting worries about the US-China trade war, after a report showed the two countries have not yet drafted an accord. The 90-day trade truce between the US and China will end in March and investors worry that no trade deal can be reached before the deadline. The Dow Jones was down 0.4%, the S&P 500 declined 0.3% and the Nasdaq traded 0.4% lower around 10 minutes after the opening bell.2019-02-08T14:55:00"
US Stocks Close Lower on Thursday,Stock Market,"US Stocks Close Lower on ThursdayUnited States Stock MarketWall Street closed in the red on Thursday 7 February 2019, as investors remained concerned that the Trump administration won’t reach a trade deal with China before a March deadline. Senior administration officials said that President Trump and President Xi are not likely to meet before the trade truce ends on 1 March 2019 and the White House economic advisor Larry Kudlow admitted there’s a “pretty sizable distance to go” before the US and China reach a trade deal. Earlier, investors concerns about global growth increased as the European Commission and the Bank of England cut growth forecasts. The Dow Jones declined 221 points or 0.9% to 25170. The S&P 500 retreated 26 points or 0.9% to 2706. The Nasdaq tanked 87 points or 1.2% to 7288.2019-02-07T21:07:00"
US Consumer Credit Growth at 3-Month Low,Consumer Credit,"US Consumer Credit Growth at 3-Month LowUnited States Consumer CreditConsumer credit in the United States went up by USD 16.55 billion in December 2018, down from an upwardly revised USD 22.41 billion gain in the previous month and slightly below market expectations of a USD 17.0 billion rise. It was the lowest increase in three months. Revolving credit including credit card borrowing climbed USD 1.7 billion, compared to an upwardly revised USD 4.8 billion advance in November. Meantime, non-revolving credit including loans for education and automobiles jumped by USD 14.8 billion, after rising an upwardly revised USD 17.6 billion in the prior month.2019-02-07T20:07:00"
US Stocks Extend Decline,Stock Market,"US Stocks Extend DeclineUnited States Stock MarketWall Street extended losses on Thursday afternoon as investors remained concerned that the Trump administration won’t reach a trade deal with China before a March deadline. Senior administration official said that President Trump and President Xi are not likely to meet before the trade truce ends on March 1st. and the White House economic advisor Larry Kudlow admitted there’s a “pretty sizable distance to go” before the US and China reach a trade deal. Earlier, investors concerns about global growth increased as the European Commission and the Bank of England cut growth forecasts for the Eurozone and the UK respectively. The Dow Jones was down 1.3%, the S&P 500 fell 1.4% and the Nasdaq traded 1.6% lower around 12:25 PM NY time.2019-02-07T18:26:00"
US Stocks Fall,Stock Market,"US Stocks Fall United States Stock MarketWall Street opened in the red on Thursday amid rising global growth concerns after the European Commission and the Bank of England cut growth forecasts for the Eurozone and the UK respectively. Also, Twitter outlook for the current quarter was revised on the downside although its earnings beat forecasts. The Dow Jones was down 0.7%, the S&P 500 fell 0.7% and the Nasdaq traded 0.9% lower around 6 minutes after the opening bell. 
2019-02-07T14:40:42.957"
US Jobless Claims Fall Less than Expected,Initial Jobless Claims,"US Jobless Claims Fall Less than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 19 thousand to 234 thousand in the week ending February 2 from the previous week’s unrevised level of 253 thousand. It compares with market expectations of 221 thousand. According to unadjusted data, the largest declines were reported in California (-6,528); Florida (-1,750); New Jersey (-1,359) and Missouri (-1,230) while the biggest increases were seen in Pennsylvania (+5,038); Wisconsin (+4,576); New York (+3,853) and Texas (+1,763). Meanwhile, 6,669 federal employees filed for first-time benefits in the week ended January 26, the last week of the shutdown, a decrease by 8,070 from the prior week. Claims by federal workers aren’t adjusted for seasonality.2019-02-07T13:31:00"
Dollar Index Hits 5-week High,currency,Dollar Index Hits 5-week HighUnited States currencyUS Dollar increased to a 5-week high of 96.6772019-02-07T12:01:37.227
US Crude Oil Inventories Rise Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Less than ExpectedUnited States Crude Oil Stocks ChangeUS crude oil stocks rose by 1.263 million barrels in the week ending February 1st, 2019, following a 0.919 million increase in the previous week and compared with market expectations of a 2.179 million gain. Meanwhile, gasoline inventories went up by 0.513 million barrels, after a 2.235 million drop in the previous week. 2019-02-06T15:31:10.097"
US Trade Gap Lowest in 5 Months,Balance of Trade,US Trade Gap Lowest in 5 MonthsUnited States Balance of TradeThe U.S. trade deficit narrowed to USD 49.3 billion in November of 2018 from an upwardly revised USD 55.7 billion in the previous month and compared with market expectations of a USD 54 billion gap. It is the lowest deficit in five months as imports plunged the most since March of 2016 from a record high value reached in the previous month. The goods deficit decreased USD 6.7 billion to USD 71.6 billion. The services surplus shrank USD 0.3 billion to USD 22.3 billion.2019-02-06T13:36:00
US Imports Drop 2.9% in November,Imports,"US Imports Drop 2.9% in NovemberUnited States ImportsImports of goods and services to the US slumped USD 7.7 billion from a month earlier to an all-time high of USD 259.2 billion in November 2018. Goods imports dropped USD 7.9 billion to USD 211.9 billion, as purchases of consumer goods were down USD 4.3 billion on the back of cell phones and other household goods, and artwork, antiques, stamps, and other collectibles. In addition, industrial supplies and materials exports fell USD 3.4 billion, due to lower purchases of other petroleum products, fuel oil and crude oil. Meanwhile, imports of services, such as travel, increased USD 0.2 billion to USD 47.3 billion. On a non-seasonally adjusted basis, imports fell from all main partners: China (-10.9 percent); the EU (-7.4 percent); Mexico (-7.0 percent); Canada (-9.1 percent); and Japan (-0.8 percent).2019-02-06T13:35:00"
US Exports Fall 0.6% in November,Exports,"US Exports Fall 0.6% in NovemberUnited States ExportsExports of goods and services from the US fell USD 1.3 billion from the previous month to USD 209.9 billion in November 2018. Goods exports decreased USD 1.2 billion to USD 140.3 billion, mainly due to lower sales of industrial supplies and materials (down USD 1.4 billion), such as other petroleum products and non-monetary gold; and consumer goods (down USD 0.9 billion), namely gem diamonds and pharmaceutical preparations. By contrast, exports of civilian aircraft increased USD 1.0 billion. Exports of services, in particular financial services, also dropped USD 0.1 billion to USD 69.5 billion in November. On a non-seasonally adjusted basis, exports fell to China (-5.1 percent), Mexico (-6.9 percent), Canada (-4.7 percent) and the EU (-3.2 percent); while those to Japan rose 4.2 percent.2019-02-06T13:34:00"
US MBA Mortgage Applications Fall 2.5% in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Fall 2.5% in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States decreased 2.5 percent in the week ended February 1st 2019, following a 3.0 percent fall in the previous week, data from the Mortgage Bankers Association showed. Refinance applications rose 0.3 percent and applications to purchase a home declined 4.9 percent. The average fixed 30-year mortgage rate went down by 7bps to 4.69 percent.2019-02-06T12:02:13.017"
US Stocks Close Higher on Tuesday,Stock Market,"US Stocks Close Higher on TuesdayUnited States Stock MarketWall Street closed moderately in the green on Tuesday 5 February 2019, as investors await President Trump's State of the Union speech later in the day. The Dow Jones advanced 171 points or 0.7% to 25410. The S&P 500 added 13 points or 0.5% to 2738. The Nasdaq climbed 55 points or 0.7% to 7402.2019-02-05T21:05:04.813"
US Services Growth Slows for 2nd Month: ISM,Non Manufacturing PMI,US Services Growth Slows for 2nd Month: ISM United States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 56.7 in January of 2019 from 58 in December and below market expectations of 57.2. The reading pointed to the weakest expansion in the services sector in six months as respondents showed concerns about the impacts of the government shutdown but remained mostly optimistic about overall business conditions.2019-02-05T15:07:00
US Economic Optimism Index Falls in February,Economic Optimism Index,"US Economic Optimism Index Falls in FebruaryUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index decreased 2 points to 50.3 in February of 2019 from 52.3 in the previous month and well below market expectations of 53.1. It was the lowest reading since October 2017, despite end to government shutdown. The Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, fell to its lowest level since December of 2017 (-1 point to 60.0). In addition, the Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, slide deeper into negative territory to its lowest level since September of 2016 (-2.3 points to 44.5) and the Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, declined 2.7 points to 46.3, the lowest in more than a year. 
2019-02-05T15:05:00"
US January Composite PMI Revised Slightly Lower: Markit,Composite Pmi,"US January Composite PMI Revised Slightly Lower: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI stood at 54.4 in January 2019, slightly below a preliminary estimate of 54.5 and unchanged from December's final reading. The solid expansion was nonetheless one of the weakest seen in the last year and below the average seen in 2018. New business increased at a faster pace, despite the slowest increase in new export business since last October. In addition, the rate of job creation was the slowest since June 2017 while confidence towards the outlook for output over the coming 12 months improved. On the price front, input cost inflation eased while output charges rose at faster pace.2019-02-05T14:56:11.97"
US Services PMI Confirmed at 4-Month Low: Markit,Services PMI,"US Services PMI Confirmed at 4-Month Low: MarkitUnited States Services PMIThe IHS Markit US Services was confirmed at a four-month low of 54.2 in January 2019, down slightly from 54.4 in December. The upturn in new business received by service providers was the joint-slowest since October 2017, with new export orders falling for the second successive month, and employment growth eased to the second-weakest since June 2017. On the price front, input cost inflation softened to a 22-month low while the rate of charge inflation picked up from December's 12-month low. Looking forward, firms registered a stronger degree of confidence towards business activity levels over the coming 12 months.2019-02-05T14:49:00"
US Stocks Open High,Stock Market,"US Stocks Open HighUnited States Stock MarketWall Street opened in the green on Tuesday as investors await President Trump's State of the Union speech later in the day. Gains come despite Alphabet reporting pressure on advertising prices and decreasing margins although earnings beat forecasts. The Dow Jones went up 0.5%, the S&P 500 added 0.3% and the Nasdaq traded 0.6% higher around 15 minutes after the opening bell.2019-02-05T14:30:00"
Alphabet earnings at 12.77 USD,Earnings,Alphabet earnings at 12.77 USDUnited States EarningsAlphabet (GOOGL) released earnings per share at 12.77 USD.2019-02-05T05:23:01.377
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street closed in the green on Monday, boosted by tech shares as investors awaited earnings reports from Alphabet after the close. The Dow Jones rose 175 points or 0.7% to 25239; the S&P 500 increased 18 points or 0.7% to 2725; and the Nasdaq closed 84 points or 1.2% higher at 7348.2019-02-04T20:56:00"
US Factory Orders Shrink for 2nd Month,Factory Orders,"US Factory Orders Shrink for 2nd MonthUnited States Factory OrdersNew orders for manufactured goods made in the US fell 0.6 percent month-over-month in November of 2018, following a 2.1 percent drop in October and compared to expectations of a 0.2 percent rise. Orders went down mainly for machinery (-1.7 percent compared to +0.2 percent in October), namely industrial machinery (-7.3 percent compared to -3.6 percent); computers and electronics products (-0.3 percent compared to 2.9 percent); and electrical equipment (-1.1 percent compared to 1 percent). On the other hand, manufactured orders increased for transport equipment (3 percent compared to -12.4 percent), namely motor vehicles and trailers (0.5 percent compared to -0.1 percent) and fabricated metal products (0.9 percent compared to 1.5 percent). Excluding transportation, factory orders declined 1.3 percent.2019-02-04T15:16:41.687"
US ISM New York Index at 7-Month Low in January,Ism New York Index,"US ISM New York Index at 7-Month Low in JanuaryUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States decreased to 63.4 in January 2019 from 65.4 in December, pointing to the softest business growth in the New York area since June. Employment (53.1 from 64.5 in December) and current revenues (60.0 from 75.0) rose less. Additionally, purchases fell into contraction territory, reaching a 27-month low (44.7 from 54.2) and price pressures intensified (72.5 from 63.6). On the other hand, expected revenues advanced at a faster pace (71.4 from 62.5). Meantime, the Six-Month Outlook improved to 58.3 from 57.1.2019-02-04T14:47:19.747"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street closed mixed on Friday 1 February 2019, as after the jobs report for January showed the economy added a better-than-expected 304K jobs, contrasting with a 5.4% decline of Amazon shares following its Q4 earnings. The Dow Jones gained 62 points or 0.3% to 25061, notching its sixth straight week in the green. The S&P 500 edged up 2 points or 0.1% to 2707. In contrast, the Nasdaq retreated 18 points or 0.3% to 7264.2019-02-01T21:07:50.167"
US Stocks Rise Amid Strong Jobs Report,Stock Market,"US Stocks Rise Amid Strong Jobs ReportUnited States Stock MarketWall Street traded modestly in the green on Friday, after the jobs report for January showed the economy added a better-than-expected 304K jobs. Also, earnings from Amazon and Exxon beat forecasts, boosting investors’ mood. The Dow Jones rose 0.7%, the S&P 500 gained 0.4% and the Nasdaq went up 0.2% around 10:35 AM NY time.2019-02-01T15:43:14.91"
US Factory Growth Beats Forecasts: ISM,Business Confidence,"US Factory Growth Beats Forecasts: ISMUnited States Business ConfidenceThe ISM Manufacturing PMI in the US jumped to 56.6 in January of 2019 from an upwardly revised 54.3 in December, easily beating market expectations of 54.2. Faster increases were seen in new orders, production and inventories while employment slowed slightly. On the other hand, exports continued to expand, but at the lowest level since the fourth quarter of 2016 and prices contracted for the first time since the first quarter of 2016. The manufacturing sector continues to expand, reversing December’s weak expansion, but inputs and prices indicate fundamental changes in supply chain constraints.2019-02-01T15:05:00"
Stocks in United States Hit 8-week High,Stock Market,Stocks in United States Hit 8-week HighUnited States Stock MarketDow Jones increased to a 8-week high of 251102019-02-01T15:04:25.9
US Construction Spending Beat Forecasts at 0.8%,Construction Spending,"US Construction Spending Beat Forecasts at 0.8%United States Construction SpendingUS construction spending rose 0.8 percent from a month earlier to a seasonally adjusted annual rate of USD 1.30 trillion in November of 2018, after a revised 0.1 percent gain in October and well above market expectations of a 0.2 percent rise. It is the strongest gain since April. Spending on private construction went up 1.3 percent, after a downwardly revised 0.3 percent drop in October, as private outlays rose 3.5 percent while spending on private non-residential projects fell 1.2 percent. Meanwhile, investment in public construction fell 0.9 percent, following an upwardly revised 1.5 percent increase in October, as spending on state and local government construction decreased 1.1 percent while that on federal construction rose 1.2 percent. Year-on-year, construction spending grew 3.4 percent.






2019-02-01T15:03:00"
US Wholesale Inventories Rise the Least in 5 Months,Wholesale Inventories,"US Wholesale Inventories Rise the Least in 5 MonthsUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.3 percent month-over-month to USD 654.0 billion in November of 2018, below market expectations of 0.5 percent and following an upwardly revised 0.9 percent rise in October. It was the lowest gain in wholesale inventories since June, as durable goods stocks slowed (0.7 percent from 1.7 percent in October), namely automotive (0.7 percent from 2.9 percent); computer equipment (0.5 percent from 3.7 percent); professional equipment (1.4 percent from 2.1 percent) and electrical (0.6 percent from 1.1 percent). Meanwhile, nondurable inventories fell 0.5 percent (from -0.4 percent in October). Year-on-year, inventories advanced 6.5 percent.2019-02-01T15:02:00"
US Consumer Sentiment Lowest Since Trump's Election,Consumer Confidence,"US Consumer Sentiment Lowest Since Trump's ElectionUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US declined to 91.2 in January of 2019 from 98.3 in December, but above a preliminary estimate of 90.7 and market expectations of 90.8. It was the weakest sentiment since President Trump was elected. The end of the shutdown caused only a modest boost in the Sentiment Index. 2019-02-01T15:02:00"
US Manufacturing PMI Unrevised in January: Markit,Manufacturing PMI,"US Manufacturing PMI Unrevised in January: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was confirmed at 54.9 in January of 2019, the same as in the preliminary estimate and higher than 53.8 in December. Output increased faster and domestic demand drove new business growth as new export orders rose only marginally. Job creation also accelerated and input cost inflation eased. Finally, business confidence about the year ahead reached the highest in three months.2019-02-01T14:51:03.56"
Exxon Mobil earnings at 1.51 USD,Earnings,Exxon Mobil earnings at 1.51 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 1.51 USD.2019-02-01T13:49:47.707
US Economy Adds the Most Jobs in 11 Months,Non Farm Payrolls,"US Economy Adds the Most Jobs in 11 MonthsUnited States Non Farm PayrollsNonfarm payrolls in the US increased by 304 thousand in January of 2019, following a downwardly revised 222 thousand rise in December and easily beating market expectations of 165 thousand. Employment grew in several industries, including leisure and hospitality, construction, health care, and transportation and warehousing. There were no discernible impacts of the partial federal government shutdown on the estimates of employment, hours, and earnings from the establishment survey. Instead, the impact of the shutdown contributed to the uptick in the unemployment rate to 4 percent from 3.9 percent as it included furloughed federal employees who were classified as unemployed on temporary layoff under the definitions used in the household survey.
2019-02-01T13:32:00"
US Wages Rise Less than Expected,Average Hourly Earnings,"US Wages Rise Less than ExpectedUnited States Average Hourly EarningsAverage hourly earnings in the US increased by 3 cents, or 0.1 percent, to USD 27.56 in January 2019, after gaining 0.4 percent in December and missing market expectations of a 0.3 percent rise. It is the smallest increase in earnings since February. That left the annual increase in wages at 3.2 percent compared to an upwardly revised 3.3 percent gain in December. Meanwhile, average hourly earnings of private-sector production and nonsupervisory employees increased by 3 cents, or 0.1 percent, to USD 23.12 in January. 





2019-02-01T13:31:00"
US Jobless Rate Unexpectedly Rises to 4%,Unemployment Rate,"US Jobless Rate Unexpectedly Rises to 4%United States Unemployment RateThe US unemployment rate rose to 4 percent in January 2019 from 3.9 percent in the previous month and slightly above market expectations of 3.9 percent. The number of unemployed increased by 241 thousand to 6.54 million while employment fell by 251 thousand to 156.69 million, following the 35-day partial government shutdown.2019-02-01T13:31:00"
Amazon earnings at 6.04 USD,Earnings,Amazon earnings at 6.04 USDUnited States EarningsAmazon (AMZN) released earnings per share at 6.04 USD.2019-02-01T05:25:43.087
US 10Y Bond Yield Hits 4-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 4-week low of 2.6346%2019-02-01T03:39:42.78
US Overseas Capital Purchases Lose Steam,Capital Flows,"US Overseas Capital Purchases Lose Steam United States Capital FlowsOverseas investors bought USD 31 billion of US assets, including short-dated instruments, in November 2018 after buying USD 46.8 billion in October. Meanwhile, foreigners bought USD 37.6 billion of long-term US securities, including government and corporate, after buying USD 31.9 billion in the previous month. Foreign investors sold USD 9.3 billion of US treasuries, after buying USD 1.7 billion in October.2019-01-31T21:21:00"
US Stocks Close Higher on Thursday,Stock Market,"US Stocks Close Higher on ThursdayUnited States Stock MarketWall Street closed in the green on Thursday 31 January 2019, with tech stocks nudged by solid earning reports, with Facebook surging 10.8% after crushing estimates. The Dow Jones edged up 28 points or 0.1% to 25043. The S&P 500 rose 24 points or 0.9% to 2705, rising the most for any January since 1987. The Nasdaq soared 99 points or 1.4% to 7282. 2019-01-31T21:06:00"
US 10Y Bond Yield Hits 4-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 4-week low of 2.631%2019-01-31T18:33:39.997
Chicago PMI Lowest in 2 Years,Chicago Pmi,"Chicago PMI Lowest in 2 YearsUnited States Chicago PmiThe MNI Chicago Business Barometer for the US fell to 56.7 in January of 2019 from a downwardly revised 63.8 in December and below market expectations of 61.5. It is the lowest reading since January of 2017, mainly dragged down by notable falls in production to a two-year low and new orders to a 10-month low. Also, the employment indicator was relatively unchanged from December’s three-month low and inflationary pressures remained elevated, although the prices paid indicator was unchanged on the month, ending a run of five consecutive monthly falls.2019-01-31T15:30:56.617"
US New Home Sales Highest in 8 Months,New Home Sales,"US New Home Sales Highest in 8 MonthsUnited States New Home SalesSales of new single-family houses in the United States jumped 16.9 percent from the previous month to a seasonally adjusted annual rate of 657 thousand in November of 2018, following a downwardly revised 8.3 percent fall in October and beating market expectations of 560 thousand. It is the highest reading since March 2018 supported by higher sales in the South, the Midwest and the Northeast.2019-01-31T15:11:00"
US Stocks Open Mixed,Stock Market,"US Stocks Open MixedUnited States Stock MarketWall Street opened mixed on Thursday following a big rally in the previous session as the Fed left rates steady as expected but signaled a pause in future rate hikes. Mixed earnings reports weighed on investors' mood as Microsoft revenues missed expectations and Tesla earnings came below forecasts while EPS from General Electric and Facebook beat expectations. The Dow Jones dropped 0.7%, the S&P 500 traded nearly flat and the Nasdaq added 0.4% around 6 minutes after the opening bell.2019-01-31T14:41:00"
US Employment Costs Rise Less than Expected in Q4,Employment Cost Index,"US Employment Costs Rise Less than Expected in Q4United States Employment Cost IndexCompensation costs for civilian workers in the US increased 0.7 percent in the fourth quarter of 2018, following a 0.8 percent advance in the previous three-month period and missing market expectations of 0.8 percent. Wages and salaries, which make up about 70 percent of compensation costs, rose 0.6 percent (vs 0.9 percent in Q3) and benefit costs, which make up the remaining 30 percent of compensation, went up 0.7 percent (vs 0.4 percent in Q3). Year-on-year, employment costs grew 2.9 percent in the fourth quarter.2019-01-31T13:33:00"
US Jobless Claims Rise to Near 1-1/2-Year High,Initial Jobless Claims,"US Jobless Claims Rise to Near 1-1/2-Year HighUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 53 thousand to 253 thousand in the week ending January 26 from the previous week’s revised level of 200 thousand. This is the highest level for initial claims since September 30, 2017 when it was 254,000. It compares with market expectations of 215 thousand. According to unadjusted data, the biggest increases were seen in California (+11,159); Iowa (+971) and Wisconsin (+608) while the largest declines were reported in Texas (-5,219); Ohio (-3,492); Florida (-3,123) and Georgia (-2,160). Meanwhile, 14,739 federal employees filed for first-time benefits in the week ended January 12, the fourth week of the shutdown, a decrease by 10,680 from the prior week. Claims by federal workers aren’t adjusted for seasonality.
 
2019-01-31T13:31:00"
US Planned Layoffs Rise in January,Challenger Job Cuts,"US Planned Layoffs Rise in JanuaryUnited States Challenger Job CutsJob cuts announced by US-based employers increased by 20.7 percent to 52,988 in January of 2019 from 43,884 in the previous month, and were up by 18.7 percent from 44,653 a year earlier. While it is lower than the average of 86,347 cuts announced during the month of January since 1993, it is higher than 20 of the last 24 monthly totals. Retail sector reported the most cuts (22,327, up 45 percent year over year), mostly related to Gymboree’s plan to liquidate remaining stores in the U.S. and Canada, costing a reported 10,000 jobs. Redundancies in financial firms were the second-highest (4,230), followed by the Automotive sector (3,949)  and Entertainment/Leisure (3,533). 
2019-01-31T12:37:00"
Facebook earnings at 2.38 USD,Earnings,Facebook earnings at 2.38 USDUnited States EarningsFacebook (FB) released earnings per share at 2.38 USD.2019-01-31T05:16:53.563
Microsoft earnings at 1.1 USD,Earnings,Microsoft earnings at 1.1 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 1.1 USD.2019-01-31T05:16:51.067
US Stocks Surge on Wednesday,Stock Market,"US Stocks Surge on WednesdayUnited States Stock MarketWall Street surged on Wednesday 30 January 2019, extending gains from earlier in the session after the Federal Reserve held interest rates steady and reaffirmed its position to be patient about further tightening. Sentiment was already being supported by stronger-than-expected quarterly results from Apple (+6.8%) and Boeing.(+6.3%). The Dow Jones soared 435 points or 1.8% to 25015. The S&P 500 jumped 41 points or 1.6% to 2681. The Nasdaq climbed 155 points or 2.2% to 7183.2019-01-30T21:10:00"
Dollar Falls as Fed Pledges Patient Approach,Currency,Dollar Falls as Fed Pledges Patient ApproachUnited States CurrencyThe dollar index fell 0.5% to 95.3 against a basket of major currencies on Wednesday after the Federal Reserve said it will be 'patient' on further interest rate hikes and dropped language suggesting 'further gradual' increases.2019-01-30T19:43:49.857
US Stocks Extend Gains after Fed Decision,Stock Market,"US Stocks Extend Gains after Fed DecisionUnited States Stock MarketAll three main US stock indexes extended gains from earlier in the session on Wednesday after the Federal Reserve held interest rates steady and reaffirmed its position to be patient about further policy firming. Sentiment was already being supported by stronger-than-expected quarterly results from Apple and Boeing. The Dow Jones jumped 423 points, or 1.7% to 25,003; the S&P 500 gained 40 points, or 1.5%, to 2,680; and the Nasdaq climbed 143 points, or 2.1%, to 7,174 around 2:30 PM New York time.2019-01-30T19:36:00"
"Fed Holds Rates, Reaffirms Patience on Future Hikes",Interest Rate,"Fed Holds Rates, Reaffirms Patience on Future HikesUnited States Interest RateThe Federal Reserve held the target range for the federal funds rate at 2.25-2.5 percent during its first policy meeting of 2019 and reaffirmed its position to be patient about further policy firming in light of recent global economic and financial developments and muted inflation pressures. 2019-01-30T19:05:00"
US Crude Oil Inventories Rise Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Less than ExpectedUnited States Crude Oil Stocks ChangeUS crude oil stocks increased by 0.919 million barrels in the week ending January 25th, 2019, following a 7.97 million rise in the previous week and compared with market expectations of a 3 million gain. Meanwhile, gasoline inventories fell by 2.235 million barrels, after a 4.05 million jump in the previous week. 
2019-01-30T15:32:07.627"
US Pending Home Sales Fall the Most since 2011,Pending Home Sales,"US Pending Home Sales Fall the Most since 2011United States Pending Home SalesContracts to buy previously owned US homes slumped 9.8 percent from a year earlier in December of 2018, following an upwardly revised 7.8 percent drop in the previous month. It marks the 12th consecutive month of declines in pending home sales and the steepest since April of 2011. The biggest fall was recorded in the South (-13.5 percent), followed by the West (-10.8 percent), the Midwest (-7.2 percent), and Northeast (-2.5 percent). On a month-over-month basis, sales fell 2.2 percent, following an upwardly revised 0.9 percent drop in November and missing market expectations of a 0.5 percent advance. 2019-01-30T15:09:37.93"
US Stocks Rally on Strong Earnings,Stock Market,"US Stocks Rally on Strong EarningsUnited States Stock Market US stock markets opened in the green Wednesday ahead of a Fed monetary policy decision later in the day and Friday's nonfarm payrolls report, as strong quarterly earnings results from Boeing and Apple supported sentiment, as well as solid economic data from the US showing private payrolls grew 213,000 in January, more than an expected 178,000. The Dow Jones jumped 260 points, or 1.1%, to 24,840; the S&P 500 gained 16 points, or 0.6%, to 2,656; and the Nasdaq climbed 75 points, or 1.1%, to 7,102 around 10 minutes after the opening bell. 2019-01-30T14:32:00"
US Companies Add More Jobs than Expected: ADP,ADP Employment Change,"US Companies Add More Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 213 thousand workers in January of 2019, less than a downwardly revised 263 thousand in December but beating market expectations of 178 thousand. The service-providing sector added 145 thousand jobs, boosted by professional & business (46 thousand); education & health (38 thousand); leisure & hospitality (31 thousand); trade, transportation & utilities (13 thousand); financial activities (11 thousand); information (4 thousand); and other services (2 thousand). In addition, the goods-producing sector added 68 thousand jobs, supported by both construction (35 thousand) and manufacturing sectors (33 thousand), while employment in natural resources & mining fell by 1 thousand. Midsized companies were the ones hiring the most (84 thousand), followed by large (66 thousand) and small firms (63 thousand). 2019-01-30T13:22:00"
US Mortgage Applications Fall in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Fall in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States dropped 3 percent in the week ended January 25th 2019, following a 2.7 percent fall in the previous week, data from the Mortgage Bankers Association showed. Refinance applications declined 5.5 percent and applications to purchase a home went down 2.3 percent. The average fixed 30-year mortgage rate edged up by 1bps to 4.76 percent.2019-01-30T12:05:25.83"
Apple earnings at 4.18 USD,Earnings,Apple earnings at 4.18 USDUnited States EarningsApple (AAPL) released earnings per share at 4.18 USD.2019-01-30T05:17:51.64
US Stocks End Mixed on Tuesday,Stock Market,"US Stocks End Mixed on TuesdayUnited States Stock MarketWall Street closed mixed on Tuesday 29 January 2019, as tech stocks tumbled amid sanctions and slower growth forecasts in China tech companies. The Dow Jones gained 52 points or 0.2% to 24580. In contrast, the S&P 500 edged down 4 points or 0.2% to 2640. The Nasdaq shed 57 points or 0.8% to 7028.2019-01-29T21:17:00"
US House Prices Rise the Least in Near 4 Years: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise the Least in Near 4 Years: Case-Shiller United States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US increased 4.7 percent year-on-year in November of 2018, following a 5 percent gain in October and below market expectations of 4.9 percent. It is the smallest annual increase in housing prices since January of 2015. Las Vegas (12 percent), Phoenix (8.1 percent) and Seattle (6.3 percent) reported the highest year-over-year gains among the 20 cities and Washington (2.7 percent), Chicago (3.1 percent), San Diego (3.3 percent) and NY (3.5 percent) the lowest increases. The national index, covering all nine US census divisions, rose 5.2 percent in November, down from 5.3 percent in October.2019-01-29T14:10:00"
US Stocks Tank on Monday,Stock Market,"US Stocks Tank on MondayUnited States Stock MarketUS Stocks closed deeply in the red on Monday 28 January 2019 amid concerns over the effects of global economic slowdown, after Caterpillar reported lower-than-expected earnings and as chipmaker Nvidia cut its revenues forecast mentioning “deteriorating macroeconomic conditions, particularly in China”, ahead of trade talks between the US and China as a delegation heads to Washington later this week. The Dow Jones retreated 209 points or 0.8% to 24528. The S&P 500 dropped 21 points or 0.8% to 2644. The Nasdaq plunged 79 points or 1.1% to 7086.2019-01-28T21:09:00"
US Dallas Fed Manufacturing Index Rebounds in January,Dallas Fed Manufacturing Index,"US Dallas Fed Manufacturing Index Rebounds in JanuaryUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose 6.1 points to 1.0 in January 2019 from -5.1 in the previous month. The production index increased 7.2 points to 14.5; the capacity utilization index went up 7.2 points to 14.8; and the shipments index rose 5.3 points to 11.4. Also, the company outlook index advanced 10.5 points to 7.1. Meanwhile, the new orders index declined 2.8 points to 11.6, and the growth rate of new orders index dropped 4.6 point to 1.2. Labor market measures suggested slower growth in employment and workweek length in January: the employment index retreated 4.4 points to 6.6, a two-year low and the hours worked index edged down 1.4 points to 3.6.2019-01-28T15:51:00"
US Stocks Fall after Cat and Nvidia Disappoint,Stock Market,"US Stocks Fall after Cat and Nvidia DisappointUnited States Stock MarketWall Street opened in the red on Monday after Caterpillar earnings missed expectations amid lower sales in the Asia-Pacific region and Nvidia cut its outlook for revenues, mentioning “deteriorating macroeconomic conditions, particularly in China”. The Dow Jones was down 1.3%, the S&P 500 lost 1.1% and the Nasdaq traded 1.5% lower around 9 minutes after the opening bell. 2019-01-28T14:40:30.033"
US Chicago Fed National Activity Index Highest in 4 Months,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index Highest in 4 MonthsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index rose to +0.27 in December 2018 from a downwardly revised +0.21 in the previous month. It is the highest reading since August, as the contribution from production-related indicators increased to +0.22 from +0.02 and employment-related indicators contributed +0.11, up slightly from +0.10. On the other hand, the sales, orders, and inventories category made a neutral contribution, down from +0.12 in November and the contribution of the personal consumption and housing category edged down to -0.06 from -0.03. The index’s three-month moving average, edged up to +0.16 in December from +0.12 in November. 2019-01-28T13:38:00"
US Stocks Surge on Friday,Stock Market,"US Stocks Surge on FridayUnited States Stock MarketUS Stocks closed deeply in the green on 25 Friday January 2019, as President Trump reached an agreement with congressional leaders to reopen the government for 3 weeks and end the longest US funding lapse ever. The Dow Jones climbed 176 points or 0.7% to 24729. The S&P 500 jumped 22 points or 0.9% to 2665. The Nasdaq soared 91 points or 1.3% to 7165. 2019-01-25T21:05:00"
US Stocks Hold Gains after Gov Shutdown Ends,Stock Market,"US Stocks Hold Gains after Gov Shutdown EndsUnited States Stock MarketWall Street hold gains on Friday after President Trump announced that he reached a deal with Congress to open the federal government for 3 weeks until February 15th without any of the border wall money. Yet, President Trump added that there's no choice but to build a powerful wall and that if a fair deal is not reached by February 15th, the government will either shut down again or he will use his powers to address the security emergency. The Dow Jones was up 0.7%, the S&P 500 rose 0.8% and the Nasdaq traded 1.2% higher around 2:40 PM NY time.2019-01-25T19:44:00"
US Government Shutdown Ends,Government Budget Value,"US Government Shutdown EndsUnited States Government Budget ValuePresident Trump announced on Friday January 25th 2019 that he reached a deal with Congress to open the federal government for 3 weeks until February 15th without any of the border wall money. Yet, President Trump added that there's no choice but to build a powerful wall and that if a fair deal is not reached by February 15th, the government will either shut down again or he will use his powers to address the security emergency. Friday marked the 35th day of a partial government shutdown, the longest in US history, with near 800,000 federal workers missing their payment, due to a lack of agreement over President’s demand for $5.7 billion to build a wall along the US-Mexico border. 2019-01-25T19:29:00"
Stocks in United States Hit 7-week High,Stock Market,Stocks in United States Hit 7-week HighUnited States Stock MarketDow Jones increased to a 7-week high of 248292019-01-25T15:38:31.777
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street opened in the green on Friday, amid news that the Fed is considering reducing its balance sheet sooner than anticipated and after Treasury Secretary Steven Mnuchin said both the US and China were “making a lot of progress” in trade talks. The Dow Jones went up 0.7%, the S&P 500 rose 0.6% and the Nasdaq traded 0.6% higher around 8 minutes after the opening bell. 2019-01-25T14:50:00"
US Stocks End Mixed on Thursday,Stock Market,"US Stocks End Mixed on ThursdayUnited States Stock MarketUS Stocks closed mixed on Thursday 24 January 2019, as attention shifted from the IMF’s revised growth forecasts to earnings season and the US government shutdown, with the Senate blocking bills on Thursday to fund the federal government. The Dow Jones edged down 22 points or 0.1% to 24553. The S&P 500 inched up 4 points or 0.1% to 2642. The Nasdaq climbed 48 points or 0.7% to 7074.2019-01-24T21:11:00"
US Stocks Swing Between Gains and Losses,Stock Market,"US Stocks Swing Between Gains and LossesUnited States Stock MarketWall Street traded volatile on Thursday amid continued global growth concerns, a partial government shutdown and after the Commerce Secretary Wilbur Ross said the US is still 'miles and miles' from a trade deal with China. The Dow Jones went down 0.6%, the S&P 500 declined 0.4% while the Nasdaq gained 0.1% around 1:25 PM NY time.2019-01-24T18:35:21.093"
US Gasoline Inventories Reach Record High,Gasoline Stocks Change,"US Gasoline Inventories Reach Record HighUnited States Gasoline Stocks ChangeUS gasoline stocks rose by 4.050 million barrels to a record high of 259.6 million barrels in the week ending January 18, 2019, following a 7.503 million increase in the previous week. It is the eighth consecutive week of increases in gasoline inventories and it compares with market expectations of 2.496 million barrel. Meanwhile, crude oil stocks increased by 7.97 million barrels, after a 2.683 million decrease in the previous week.  2019-01-24T16:54:00"
US Crude Oil Inventories Unexpectedly  Rise in Latest Week,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly  Rise in Latest WeekUnited States Crude Oil Stocks ChangeUS crude oil stocks increased by 7.97 million barrels in the week ended January 18th, 2019, following a 2.683 million decrease in the previous week and compared with market expectations of a 0.042 million decline. Meanwhile, gasoline inventories rose by 4.05 million barrels, after a 7.503 million gain in the previous week. 
2019-01-24T16:03:00"
US Output Growth Remains Solid in January: Markit,Composite Pmi,"US Output Growth Remains Solid in January: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI stood at 54.5 in January 2019, little-changed from a three-month low of 54.4 in December and above market expectations of 54.2, a preliminary estimate showed. Manufacturing expansion accelerated from a 15-month low (PMI at 54.9 from 53.8 in December) while services activity growth eased to a four-month low (PMI at 54.2 from 54.4 in December). New order growth rebounded from the near year-low seen in December, contributing to a marginal increase in backlogs of work at private sector firms. However, the rate of staff hiring eased to its weakest since May 2017 on efforts aimed at improving productivity and streamlining costs. On the price front, input cost inflation eased to a 22-month low and average selling price inflation was the second-weakest seen over the past year. Looking ahead, business optimism lifted up from December’s one-year low.2019-01-24T14:54:00"
US Services Expansion Eases to 4-Month Low: Markit,Services PMI,"US Services Expansion Eases to 4-Month Low: MarkitUnited States Services PMIThe IHS Markit US Services fell to a four-month low of 54.2 in January 2019 from 54.4 in the previous month, slightly above market expectations of 54.1, a preliminary estimate showed. New business growth was one of the weakest seen in the past year-and-a-half and the pace of job creation eased to the lowest since April 2017. On the price front, input cost inflation fell to a near two-year low and prices charged by service providers also increased at a much slower pace than seen on average in the second half of 2018. Looking ahead, business expectations rebounded from the 12-month low seen in December.2019-01-24T14:50:00"
US Factory Growth Beats Forecasts: Markit,Manufacturing PMI,"US Factory Growth Beats Forecasts: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI rose to 54.9 in January of 2019 from 53.8 in December, beating market expectations of 53.5, preliminary estimates showed. Production was the highest since May of 2018 and new orders, employment and stocks of purchases also rose faster. Moreover, business optimism increased sharply.2019-01-24T14:48:00"
US Jobless Claims Unexpectedly Fall to Lowest Since 1969,Initial Jobless Claims,"US Jobless Claims Unexpectedly Fall to Lowest Since 1969United States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 13 thousand to 199 thousand in the week ending January 19 from the previous week’s revised level of 212 thousand. This is the lowest level for initial claims since November 15, 1969 when it was 197 thousand. It compares with market expectations of 220 thousand. According to unadjusted data, the largest declines were reported in Kentucky (-8,293); Pennsylvania (-7,920); Michigan (-6,966) and Georgia (-6,047); increases were only seen in Ohio (+2,260) and Kansas (+597). Meanwhile, 25,419 federal employees filed for first-time benefits in the week ended January 12, the third week of the shutdown, up by 14,965 from the prior week. Claims by federal workers aren’t adjusted for seasonality.2019-01-24T13:33:00"
Dow Jones Rebounds Modestly on Wednesday,Stock Market,"Dow Jones Rebounds Modestly on WednesdayUnited States Stock MarketUS Stocks closed modestly higher on Wednesday 23 January 2019, a day after the International Monetary Fund downwardly revised its growth estimates for the global economy. Stronger-than-expected earnings reports from IBM, United Technologies and Procter & Gamble nudged shares higher. The Dow Jones gines 171 points or 0.7% to 24576. The S&P 500 edged up 6 points or 0.2% to 2639. The Nasdaq advanced 6 points or 0.1% to 7026.2019-01-23T21:34:00.37"
US Stocks Erase Gains,Stock Market,"US Stocks Erase GainsUnited States Stock MarketUS stocks reversed early gains and turned negative around midday Wednesday despite stronger-than-expected earnings reports from IBM, United Technologies and Procter & Gamble, as persistent concerns about global economic outlook and falling oil prices weighed on sentiment. The Dow Jones edged 0.2% lower to 24,360; the S&P 500 lost 0.4% to 2,622; and the Nasdaq retreated 0.6% to 6,976 around 12:30 PM New York time.2019-01-23T17:34:00"
US Richmond Fed Manufacturing Index Beats Forecasts,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Beats ForecastsUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose to -2 in January of 2019 from -8 in December which was the lowest reading since June of 2016. It compares with market expectations of -6. Shipments contracted less (-8 from -25 in December) and both inventories of raw materials (23 from 15) and number of employees (19 from 14) improved. Also, cost pressures eased for prices paid (3.32 from 4.36) but were unchanged for prices received (2.26). On the other hand, new orders shrank more (-11 from -9). Local business conditions were assessed less negative (-11 from -25). 2019-01-23T15:15:00"
US Stocks Rise on Earnings,Stock Market,"US Stocks Rise on EarningsUnited States Stock MarketWall Street opened in the green on Wednesday, after better-than-expected earnings report from IBM, United Technologies and Procter & Gamble lifted investors' mood. The Dow Jones went up 1.1%, the S&P 500 rose 0.6% and the Nasdaq traded 0.7% higher around 10 minutes after the opening bell. 
2019-01-23T14:44:52.377"
US House Prices Rise More than Expected: FHFA,FHFA House Price Index MoM,"US House Prices Rise More than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States went up 0.4 percent month-over-month in November of 2018, following an upwardly revised 0.4 percent gain in October and higher than market expectations of a 0.2 percent increase. Monthly price changes ranged from -0.8 percent in the Pacific division to +1.1 percent in the South Atlantic division. Year-on-year, house prices went up 5.8 percent, after a 5.7 percent rise in the previous month. The 12-month changes were all positive, ranging from +4.5 percent in the West South Central division to +7.4 percent in the Mountain division.2019-01-23T14:10:00"
US Mortgage Applications Fall in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Fall in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States dropped 2.7 percent in the week ended January 18th 2019, following a 13.5 percent gain in the previous week, data from the Mortgage Bankers Association showed. Refinance applications declined 5.3 percent and applications to purchase a home went down 2.2 percent. The average fixed 30-year mortgage rate edged up by 1bps to 4.75 percent.2019-01-23T12:03:05.27"
US Stocks Plunge on Tuesday,Stock Market,"US Stocks Plunge on TuesdayUnited States Stock MarketWall Street closed deeply in the red on 22 January 2019, as investors’ worries over a global economic slowdown have raised after the IMF downgraded global growth outlook for 2019 and 2020 amid a decelerating China and persistent fiscal, trade and monetary policy uncertainty in the United States. The Dow Jones plunged 301 points or 1.2% to 24406. The S&P 500 plummeted 38 points or 1.4% to 2633. The Nasdaq shed 137 points or 1.9% to 7020.2019-01-22T21:04:00"
US Existing Home Sales Lowest in 3 Years,Existing Home Sales,"US Existing Home Sales Lowest in 3 YearsUnited States Existing Home SalesSales of previously owned houses in the US slumped 6.4 percent to a seasonally adjusted annual rate of 4.99 million in December of 2018, following an upwardly revised 2.1 percent increase in November and worse than market expectations of a 1 percent fall. It is the lowest reading since November of 2015. Single family home sales dropped 5.5 percent to 4.45 million (vs +1.9 percent in November) and sales of condos plunged 12.9 percent to 0.54 million (vs +3.3 percent). The median house price fell to $253,600 from $257,300 in November and $246,500 a year earlier. The months' worth of supply went down to 3.7 from 3.9. Year-on-year, existing home sales dropped 10.3 percent. Considering full 2018, existing home sales declined 3.1 percent to 5.34 million, the worst since 2015.2019-01-22T15:09:16.967"
US Stocks Fall after IMF Cut Growth Forecasts,Stock Market,"US Stocks Fall after IMF Cut Growth ForecastsUnited States Stock MarketWall Street opened in the red on Tuesday, the first trading day of the week, amid global economic concerns after the IMF cut its global growth forecasts for 2019 and 2020. Meanwhile, the partial government shutdown in the US hit the one-month mark. The Dow Jones fell 0.6%, the S&P 500 went down 0.6% and the Nasdaq traded 0.7% lower around 7 minutes after the opening bell.2019-01-22T14:47:54.997"
Johnson & Johnson earnings at 1.97 USD,Earnings,Johnson & Johnson earnings at 1.97 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 1.97 USD.2019-01-22T11:49:35.893
US Stocks Extend Gains on Friday,Stock Market,US Stocks Extend Gains on FridayUnited States Stock MarketWall Street extended gains on Friday 18 January 2019 after news that China would increase its annual imports of US goods by over $1 trillion in the next six years. The latest round of trade talks are set to take place in Washington on January 30th-31st. Oil prices advanced 3% during the session. The Dow Jones soared 343 points or 1.4% to 24713. The S&P 500 jumped 35 points or 1.3% to 2671. The Nasdaq climbed 73 points or 1.0% to 7157.2019-01-18T21:07:00
US Stocks Rise after China Plans to Increase Imports,Stock Market,"US Stocks Rise after China Plans to Increase ImportsUnited States Stock MarketWall Street extended gains on Friday after news that China would increase its annual imports of US goods by over $1 trillion in the next six years. On Thursday, news that US Treasury Secretary Steven Mnuchin proposed lifting some or all tariffs imposed on Chinese imports ahead of the latest round of trade talks in Washington on January 30th-31st also raised hopes of a trade deal between the two countries. The Dow Jones rose 1.3%, the S&P 500 increased 1.3% and the Nasdaq traded 1.2% higher around 1:15 PM NY time.
2019-01-18T18:24:00"
US Consumer Sentiment Lowest since Trump was Elected,Consumer Confidence,"US Consumer Sentiment Lowest since Trump was ElectedUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US fell to 90.7 in January of 2019 from 98.3 in December, well below market expectations of 97. It is the lowest reading since October of 2016. The decline was primarily focused on prospects for the domestic economy, with the year-ahead outlook for the national economy judged the worst since mid 2014. 2019-01-18T15:06:00"
US Stocks Likely to Finish the Week on Positive Note,Stock Market,"US Stocks Likely to Finish the Week on Positive NoteUnited States Stock MarketWall Street opened in the green on Friday amid hopes of a trade deal between China and the US following news that US Treasury Secretary Steven Mnuchin proposed lifting some or all tariffs imposed on Chinese imports ahead of the latest round of trade talks in Washington on January 30th-31st. Investors' mood also improved after better-than-expected industrial production figures and after Fed official Williams called for ‘patience and good judgement’ before raising rates. The Dow Jones went up 0.6%, the S&P 500 rose 0.7% and the Nasdaq traded 0.6% higher around 6 minutes after the opening bell.2019-01-18T14:30:00"
US Industrial Production Rises More than Expected,Industrial Production Mom,"US Industrial Production Rises More than ExpectedUnited States Industrial Production MomUS industrial output rose 0.3 percent from a month earlier in December 2018, following a downwardly revised 0.4 percent growth in November and beating market expectations of a 0.2 percent gain. Manufacturing production increased by the most in 10 months and mining activity continued to rise while utilities output contracted sharply.2019-01-18T14:18:00"
US Stocks Edge Higher on Wednesday,Stock Market,"US Stocks Edge Higher on WednesdayUnited States Stock MarketWall Street closed moderately in the green on 17 January 2019, as a report said that the United States is considering easing china tariffs during negotiations. Also, earnings season continued with mixed results, with Morgan Stanley falling 4.4% on weaker than expected Q4 results. The Dow Jones gained 163 points or 0.7% to 24370. The S&P 500 added 20 points or 0.8% to 2636. The Nasdaq advanced 50 points or 0.7% to 7085.2019-01-17T21:12:00"
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketDow Jones increased to a 4-week high of 242892019-01-17T19:40:27.167
Philadelphia Fed Manufacturing Index Beats Forecasts,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Beats ForecastsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States rose to 17 in January of 2019 from a downwardly revised 9.1 in December, well above market expectations of 10. Faster increases were seen in new orders (21.3 from 13.3) and average workweek (6 from 4) and price pressures slowed for both prices paid (32.7 from 38.9) and received (24.8 from 29). On the other hand, a slowdown was seen for shipments (11.4 from 12.4) and employment (9.6 from 19.1) and inventories contracted (-7.6 from 2.6). Additionally, the 6-month outlook edged up to 31.2 from 29.9.2019-01-17T13:43:00.423"
US Jobless Claims Unexpectedly Fall for 2nd Week,Initial Jobless Claims,"US Jobless Claims Unexpectedly Fall for 2nd WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 3 thousand to 213 thousand in the week ending January 12 from the previous week’s unrevised level of 216 thousand. It was the second straight week of declines, bringing initial claims to the lowest level since the week ending December 8. It compares with market expectations of 220 thousand. According to unadjusted data, the largest declines were reported in New York (-23,318); Georgia (-5,010); Pennsylvania (-4,015) and Connecticut (-3,086) while the biggest increases were seen in California (+17,154); Texas (+6,726); Kentucky (+4,024) and Virginia (+2,469). Meanwhile, claims by federal workers rose by an unadjusted 5,694 to 10,454 in the week ended January 5, the second week of the shutdown, with Texas and California posting some of the largest increases.2019-01-17T13:31:00"
US Stocks Edge Higher on Solid Bank Earnings,Stock Market,"US Stocks Edge Higher on Solid Bank EarningsUnited States Stock MarketWall Street closed modestly in the green on 16 January 2019 nudged by solid bank earnings. Goldman (+9.5%) booked its best trading day in 10 years on much better than expected earnings, nudging the whole financial sector, which also saw a 7.2% climb in Bank of America shares. The Dow Jones gained 142 points or 0.6% to 24207. The S&P 500 added 6 points or 0.2% to 2616. The Nasdaq edged up 11 points or 0.2% to 7035.2019-01-16T21:12:00"
US Crude Oil Inventories Drop for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Drop for 2nd WeekUnited States Crude Oil Stocks ChangeUS crude oil stocks fell by 2.683 million barrels in the week ended January 11th, 2019, following a 1.68 million decrease in the previous week. Meanwhile, gasoline inventories rose by 7.503 million barrels, after a 8.066 million rise in the previous week which was the highest gain in two years.2019-01-16T15:36:47.097"
US Homebuilder Sentiment Rebounds in January,Nahb Housing Market Index,US Homebuilder Sentiment Rebounds in JanuaryUnited States Nahb Housing Market IndexThe NAHB Housing Market Index for the US edged up to 58 in January of 2019 from 56 in December which was the lowest reading since May of 2015 and beating market forecasts of 56. The subindex for current single-family home sales rose to 63 from 61; the gauge for home sales over the next six months went up to 64 from 61 and prospective buyers edged up to 44 from 43.2019-01-16T15:05:51.68
US Stocks Rise on Earnings,Stock Market,"US Stocks Rise on EarningsUnited States Stock MarketWall Street opened higher on Wednesday, as investors mood improved after better-than-expected earnings report from Goldman Sachs and Bank of America. The Dow Jones gained 0.5%, the S&P 500 rose 0.4% and the Nasdaq traded 0.7% higher around 25 minutes after the opening bell. 2019-01-16T14:30:00"
US Import Prices Fall for 2nd Straight Month,Import Prices MoM,"US Import Prices Fall for 2nd Straight MonthUnited States Import Prices MoMUS import prices fell 1 percent from a month earlier in December 2018, following an upwardly revised 1.9 percent drop in November and compared with market expectations of a 1.3 percent decrease. It was the second straight month of decline mainly due to a slump in cost of petroleum products (-9.2 percent vs -13.3 percent in November) while prices of other goods were unchanged (vs -0.3 percent in November). Year-on-year, import prices fell 0.6 percent in December, after rising by 0.5 percent in the previous month. That was the biggest annual drop since September 2016 and the first year-on-year decline since October 2016. Considering 2018 full year, import prices dropped for the first time since 2015 by 0.6 percent, after increasing 3.2 percent in 2017.2019-01-16T13:34:00"
US Export Prices Fall 0.6% MoM in December,Export Prices MoM,"US Export Prices Fall 0.6% MoM in DecemberUnited States Export Prices MoMExport prices in the US declined 0.6 percent month-over-month in December of 2018, following a downwardly revised 0.8 percent fall in November and in line with market expectations. Prices for non agricultural exports dropped 1.1 percent, after falling 1.0 percent in the previous month, its biggest decline since August of 2015, mainly due to lower cost of industrial supplies and materials. On the other hand, prices for agricultural exports rose 3.9 percent in December (vs 1.7 percent in November), the largest increase for the index since August of 2012, mostly driven by higher cost of soybeans and nuts. Year-on-year, export prices went up 1.1 percent, slowing from a 1.8 percent gain in the prior month. Considering 2018 as a whole, export prices increased 1.1 percent.2019-01-16T13:33:00"
US MBA Mortgage Applications Rise 13.5% in Latest Week,Mortgage Applications,"US MBA Mortgage Applications Rise 13.5% in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States increased 13.5 percent in the week ended January 11th 2019, following a 23.5 percent gain in the previous week, data from the Mortgage Bankers Association showed. Refinance applications rose 18.7 percent and applications to purchase a home went up 9.1 percent. The average fixed 30-year mortgage rate was unchanged at 4.74 percent.2019-01-16T12:01:00"
US Stocks Close Higher on Tuesday,Stock Market,"US Stocks Close Higher on TuesdayUnited States Stock MarketWall Street closed moderately in the green on 15 January 2018 after news of new stimulus measures in China, including investment projects and local government bond issuance improved sentiment. Also, Netflix (+6.5%) announced prices increases for up to 18% for the US, nudging the stock and the tech sector higher. The Dow Jones gained 156 or 0.7% to 24066. The S&P 500 added 28 points or 1.1% to 2610. The Nasdaq soared 118 points or 1.7% to 7024.2019-01-15T21:09:00"
US IBD/TIPP Economic Optimism at 13-Month Low,Economic Optimism Index,"US IBD/TIPP Economic Optimism at 13-Month LowUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index fell 0.6 percent to 52.3 in January 2019 from 52.6 in the previous month and below market expectations of 53.1. It was the lowest reading since December 2017, as the government shutdown helped drag the overall index lower as the Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, declined to its lowest level since June (-1.6 points to 49). Meanwhile, the Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, rose 0.2 points to 61 and the Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, increased 0.4 points to 46.8.2019-01-15T15:08:00"
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street traded mainly higher on Tuesday, led by tech shares after Netflix announced it will increase subscription prices. Gains come despite JPMorgan reported lower-than-expected earnings . Also, investors' mood improved after news of new stimulus measures in China, including investment projects and local government bond issuance. The Dow Jones gained 0.2%, the S&P 500 rose 0.6% and the Nasdaq traded 1.1% higher around 25 minutes after the opening bell.
2019-01-15T15:07:43.047"
US Producer Prices Fall More than Expected,Producer Price Inflation MoM,"US Producer Prices Fall More than ExpectedUnited States Producer Price Inflation MoMUS producer prices fell 0.2 percent from a month earlier in December 2018, following a 0.1 percent increase in November and compared to market expectations of a 0.1 percent drop. The cost of wholesale goods fell 0.4 percent, the same as in November, with energy prices declining the most since September 2015 (-5.4 percent vs -5 percent). In addition, the cost of services was 0.1 percent lower (vs 0.3 percent in November), led by a 0.3 percent decrease in the index for trade services. The core index, which excludes food and energy, edged down 0.1 percent in December after rising 0.3 percent in November and missing forecasts of a 0.2 percent gain. On a yearly basis, producer prices climbed 2.5 percent and the core index increased 2.7 percent. Considering 2018 full year, producer inflation averaged 2.5 percent, the same as in 2017.2019-01-15T13:32:00"
US NY Empire State Manufacturing Index at 20-Month Low,NY Empire State Manufacturing Index,"US NY Empire State Manufacturing Index at 20-Month LowUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States 7.6 points from the previous month to 3.9 in January of 2019 and below market expectations of 10.75. The reading pointed to the lowest gain in manufacturing in the NY state since May 2017, as new orders (3.5 from 13.4), employment (7.4 from 17.5), shipments (17.9 from 20.3) and prices paid (35.9 from 39.7) slowed. Additionally, inventories dropped (-7.6 from 7.1). Meanwhile, average workweek (6.8 from 6.7) and prices received (13.1 from 12.8) rose at a faster pace. Looking ahead, firms were less optimistic about the six-month outlook than in December.2019-01-15T13:32:00"
JPMorgan Chase earnings at 1.98 USD,Earnings,JPMorgan Chase earnings at 1.98 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 1.98 USD.2019-01-15T11:52:16.87
US Stocks Finish Lower,Stock Market,"US Stocks Finish LowerUnited States Stock MarketWall Street closed in the red on Monday after data showed exports and imports from China unexpectedly fell in December due to trade tariffs and weaker demand, raising concerns about global economic growth. Also, the earnings season kicked off with Citigroup reporting weaker-than-expected revenues while earnings came above forecasts. The Dow Jones went down 0.4% or 86 points to 23910, the S&P 500 lost 0.5% or 14 points to 2583 and the Nasdaq closed 0.9% or 66 points lower at 6906.2019-01-14T21:14:00"
US Stocks Start Week on Negative Note,Stock Market,"US Stocks Start Week on Negative NoteUnited States Stock MarketWall Street slumped at the open on Monday amid global growth concerns after data showed exports and imports from China unexpectedly fell in December. Investors were also cautious as the earnings season kicked off with Citigroup reporting weaker-than-expected revenues while earnings beat expectations. The Dow Jones was down 0.9%, the S&P 500 fell 1% and the Nasdaq traded 1.2% lower around 7 minutes after the opening bell.2019-01-14T14:42:00"
US Stocks Edge Lower on Friday,Stock Market,"US Stocks Edge Lower on FridayUnited States Stock MarketWall Street edged down on Friday 11 January 2018 to end a 5-day rally, as new home sales in the US tanked, the government shutdown extended, and investors await earnings season. The Dow Jones inched down 7 points or less than 0.1% to 23995. The S&P 500 ended flattish at 2596. The Nasdaq retreated 15 points or 0.2% to 6972.2019-01-11T21:05:00"
US Stocks Fall on Friday,Stock Market,"US Stocks Fall on FridayUnited States Stock MarketWall Street opened in the red on Friday, with all three main stock indexes down 0.5% around 6 minutes after the opening bell, as the partial government shutdown is about to enter the 4th week and US inflation rate slowed to a 16-month low as expected.
2019-01-11T14:42:00"
US Inflation Rate Lowest in 16 Months,Inflation Rate,"US Inflation Rate Lowest in 16 MonthsUnited States Inflation RateNovember, matching market expectations. It is the lowest inflation rate since August of 2017, mainly due to a decline in gasoline cost. On a monthly basis, consumer prices edged down 0.1 percent after a flat reading in the previous month and also in line with forecasts. It is the first monthly decrease in consumer prices in nine months, due to a 7.5 percent slump in gasoline prices.2019-01-11T13:34:00"
US Stocks Extend 5-Day Rally,Stock Market,"US Stocks Extend 5-Day RallyUnited States Stock MarketWall Street closed moderately in the green on Thursday 10 January 2018 to a extend a 5-day rally, as an expected positive resolution over US-China trade talks buoyed sentiment in a session with early losses dragged by negative newsflow from traditional retailers. The Dow Jones gained 123 points or 0.5% to 24002. The S&P 500 climbed 12 points or 0.5% to 2597, booking its first 5-day winning streak since September. The Nasdaq rose 29 points or 0.4% to 6986.2019-01-10T21:09:00"
US Stocks Fall on Thursday,Stock Market,"US Stocks Fall on ThursdayUnited States Stock MarketWall Street opened in the red on Thursday, following gains in the last four sessions, mainly dragged down by shares of retailers and airlines. Macy's reported weak sales results and lowered its forecast for earnings and revenues and American Airlines cut its revenue forecasts. The Dow Jones lost 0.5%, the S&P 500 fell 0.7% and the Nasdaq traded 0.9% lower around 6 minutes after the opening bell. 2019-01-10T14:45:22.183"
US Jobless Claims Fall More than Expected,Initial Jobless Claims,"US Jobless Claims Fall More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 17 thousand to 216 thousand in the week ending January 5 from the previous week’s revised level of 233 thousand and below market expectations of 225 thousand. According to unadjusted data, the largest declines were reported in New Jersey (-8,132); Ohio (-5,639); Michigan (-5,058); Massachusetts (-3,592) and Iowa (-3,171) while the biggest increases were seen in New York (+26,446); Georgia (+10,420); Texas (+3,657) and South Carolina (+3,331).2019-01-10T13:32:00"
Dollar Index Hits 12-week Low,currency,Dollar Index Hits 12-week LowUnited States currencyUS Dollar decreased to a 12-week low of 95.1092019-01-10T00:01:22.61
US Stocks Edge Higher on Wednesday,Stock Market,"US Stocks Edge Higher on WednesdayUnited States Stock MarketWall Street closed modestly in the green on Wednesday 9 January to extend a 4-day rally. On Wednesday, FOMC minutes showed Federal Reserve officials revised down their assessments of the appropriate path for monetary policy amid growing market concerns. Policymakers also noted that the central bank could afford to be patient about further policy firming as inflation remains muted. The Dow Jones gained 92 points or 0.4% to 23879. The S&P 500 climbed 11 points or 0.4% to 2585. The Nasdaq jumped 60 points or 0.9% to 6957.2019-01-09T21:13:00"
Fed Cautious on Future Rate Hikes: FOMC Minutes,Interest Rate,"Fed Cautious on Future Rate Hikes: FOMC MinutesUnited States Interest RateFederal Reserve officials revised down their assessments of the appropriate path for monetary policy amid growing concerns about volatility in financial markets, trade tensions and uncertain global growth, minutes of the Federal Reserve's December meeting showed. Policymakers also noted that the central bank could afford to be patient about further policy firming as inflation remains muted.2019-01-09T19:31:00"
US Crude Inventories Fall Less than Expected,Crude Oil Stocks Change,"US Crude Inventories Fall Less than ExpectedUnited States Crude Oil Stocks ChangeUS crude stocks fell by 1.680 million barrels in the week ended January 4th, 2019, following a 0.007 million increase in the previous week and compared to market expectations of a 2.400 million decline. Meanwhile, gasoline inventories rose by 8.066 million barrels, the most in two years and much more than an expected 3.387 million increase.2019-01-09T15:34:00"
Dollar Hits 12-Week Low,currency,Dollar Hits 12-Week LowUnited States currencyThe dollar index touched a 12-week low of 95.349 Wednesday as investors remain cautious ahead of the release of the FOMC minutes today and Federal Reserve Chairman Jerome Powell's speech tomorrow on hopes they could unveil further clues on the Fed’s rate path. 2019-01-09T14:55:00
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street opened higher on Wednesday, attempting to gain for the fourth straight session, after US and China trade talks concluded. Investors hope trade disputes could be resolved although no official statement has been released yet. Also, markets await the FOMC minutes release later in the day for further clues on the Fed's monetary policy path for 2019. The Dow Jones was up 0.6%, the S&P 500 increased 0.3% and the Nasdaq traded 0.6% higher around 8 minutes after the opening bell. 2019-01-09T14:53:12.677"
US MBA Mortgages Applications Rebound in Latest Week,Mortgage Applications,"US MBA Mortgages Applications Rebound in Latest Week United States Mortgage ApplicationsMortgage applications in the United States rose 23.5 percent in the week ended January 4th 2019, rebounding from a 8.5 percent decline in the previous week, data from the Mortgage Bankers Association showed. It was the biggest gain in mortgage applications since the week ended in October 2nd 2015. Refinance applications went up 35.3 percent and applications to purchase a home increased 16.5 percent. The average fixed 30-year mortgage rate declined by 10 bps to 4.74 percent.2019-01-09T12:03:00"
US Stocks Extend Rally on Tuesday,Stock Market,US Stocks Extend Rally on TuesdayUnited States Stock MarketWall Street closed deeply in the green on Tuesday 8 January 2018 after President Donald Trump tweeted that negotiations with China are going “very well” and as the US and China trade talks were extended to Wednesday. Stocks started a rally last Friday after better than expected employment data and comments from Fed Chairman Powell buoyed sentiment. The Dow Jones jumped 256 points or 1.1% to 23787. The S&P 500 climbed 25 points or 1.0% to 2574. The Nasdaq soared 74 points or 1.1% to 6897. 2019-01-08T21:10:00
US Consumer Credit Growth Beats Expectations,Consumer Credit,"US Consumer Credit Growth Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 22.2 billion in November 2018, down from a downwardly revised USD 24.9 billion gain in the previous month but above market expectations of a USD 17.5 billion rise. Revolving credit including credit card borrowing climbed USD 4.8 billion, compared to a USD 9.4 billion advance in October. Meantime, non-revolving credit including loans for education and automobiles jumped by USD 17.3 billion, after rising USD 15.7 billion in the prior month.2019-01-08T20:06:10.54"
US Job Openings Fall Sharply in November,Job Offers,"US Job Openings Fall Sharply in NovemberUnited States Job OffersThe number of job openings in the US declined by 243,000 to 6.888 million in November 2018 from an upwardly revised 7.131 million in the previous month and below market expectations of 7.063 million. The number of job openings decreased for total private (-237,000) and was little changed for government. The job openings level decreased in a number of industries, with the largest decreases in  other services (-66,000) and construction (-45,000). Meanwhile, job openings increased in transportation, warehousing, and utilities (+40,000). Job openings fell mostly in the West region (-196,000).2019-01-08T15:07:00"
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street opened sharply in the green on Tuesday, mainly led by tech shares as trade talks between China and the US continue and investors remain optimistic trade disputes could be resolved. The Dow Jones rose 1.2%, the S&P 500 increased 0.9% and the Nasdaq traded 1% higher around 10 minutes after the opening bell.2019-01-08T14:47:43.237"
US Small Business Optimism Lowest in More than 1 Year,NFIB Business Optimism Index,"US Small Business Optimism Lowest in More than 1 YearUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US fell to 104.4 in December of 2018 from 104.8 in November, compared to market expectations of 103.6. It is the lowest reading since October of 2017 as expected real sales growth and expected business conditions in the next six months dragged the Index lower. On the positive side, unfilled jobs and the lack of qualified applicants continue to be a primary driver, with job openings setting a record high and job creation plans strengthening. Also, reports of higher worker compensation remained near record levels and inventory investment plans surged. 2019-01-08T11:08:00"
US Stocks Extend Rally on Monday,Stock Market,"US Stocks Extend Rally on MondayUnited States Stock MarketWall Street extended gains on Monday 7 January 2018 as sentiment continued to improve  after Federal Reserve Chairman Jerome Powell said last week the central bank will be patient in raising rates, and after the US economy added 312,000 jobs in December, well above expectations. Also, the White House said on Monday that tax refunds will be sent out despite the ongoing government shutdown. The Dow Jones jumped 98 points or 0.4% to 23532. The S&P 500 climbed 18 points or 0.7% to 2550. The Nasdaq soared 85 points or 1.3% to 6824.2019-01-07T21:06:00"
Dollar Index Hits 11-week Low,currency,Dollar Index Hits 11-week LowUnited States currencyUS Dollar decreased to a 11-week low of 95.6482019-01-07T18:17:05.647
US Stocks Volatile on Monday,Stock Market,"US Stocks Volatile on MondayUnited States Stock MarketWall Street traded mainly higher during a volatile session on Monday as investors await the results from the US-China trade talks during a 2-day meeting that started Monday. The Dow Jones was up 0.3%, the S&P 500 rose 0.5% and the Nasdaq traded 0.9% higher around 10:35 AM NY time.
2019-01-07T15:39:47.33"
US Services Growth Below Forecasts: ISM,Non Manufacturing PMI,"US Services Growth Below Forecasts: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 57.6 in December of 2018 from 60.7 in November and below market expectations of 59. The reading pointed to the weakest expansion in the services sector in five months, amid a slowdown in business activity and employment. Respondents also indicated that there is still concern about tariffs despite the hold on increases by the US and China and that capacity constraints have lessened; however, employment-resource challenges remain.2019-01-07T15:05:00"
US Stocks Rally on Friday,Stock Market,"US Stocks Rally on FridayUnited States Stock MarketUS stocks extended gain on Friday after Federal Reserve Chairman Jerome Powell said the central bank will be patient in raising rates amid muted inflation readings, and after the US economy added 312,000 jobs in December, well above market expectations of 176,000. The Dow Jones jumped 744 points or 3.3% to 23430. The S&P 500 climbed 84 points or 3.4% to 2532. The Nasdaq soared 275 points or 4.3% to 6739.2019-01-04T21:06:00"
US Stocks Extend Gains on Powell Dovish Comments,Stock Market,"US Stocks Extend Gains on Powell Dovish CommentsUnited States Stock MarketUS stocks extended gain on Friday after Federal Reserve Chairman Jerome Powell said the central bank will be patient in raising rates amid muted inflation readings and despite a stronger-than-expected jobs report in Decemeber. The Dow Jones rallied 2.8% to 23,332; the S&P 500 climbed 2.9% to 2,519; and the Nasdaq jumped 3.8% to 6,707 around 12 PM NY time.2019-01-04T17:05:00"
US Crude Oil Stocks Rise Unexpectedly,Crude Oil Stocks Change,"US Crude Oil Stocks Rise UnexpectedlyUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 0.007 million barrels in the week ended December 28th 2018, following a 0.046 million decrease in the previous week and compared to market expectations of a 3.086 million decline. Meanwhile, gasoline inventories increased by 6.890 million barrels, while markets expected a 1.967 million gain.2019-01-04T16:01:48.637"
US Stocks Rally on Strong Jobs Report,Stock Market,"US Stocks Rally on Strong Jobs ReportUnited States Stock MarketUS stocks rallied on Friday after data showed the US economy added 312,000 jobs in December, more than the expected 176,000. Investors will now turn their attention to a scheduled speech from Powell later in the day. The Dow Jones climbed 2.2% to 23,191; the S&P 500 added 2.2% to 2,503; and the Nasdaq jumped 2.5% to 6,622 around 30 minutes after the opening bell.2019-01-04T15:00:00"
US Private Sector Growth Eases Less than Estimated,Composite Pmi,"US Private Sector Growth Eases Less than EstimatedUnited States Composite PmiThe IHS Markit US Composite PMI stood at 54.4 in December 2018, above the preliminary estimate of 53.6 and compared to November's 54.7. It was the lowest reading since September as new order growth softened for the third successive month in December to the joint-weakest since April 2017 and new export orders also increased at a slower pace. In addition, the rate of job creation eased to the second-softest in 18 months. On the price front, input cost inflation softened in December to the slowest since January and charge inflation also eased to the weakest in 2018.2019-01-04T14:57:00"
US Service Sector Growth Revised Up: Markit,Services PMI,"US Service Sector Growth Revised Up: MarkitUnited States Services PMIThe IHS Markit US Services came in at 54.4 in December 2018, above a preliminary estimate of 53.4 but below November's reading of 54.7. The latest reading pointed to a solid expansion in business activity, albeit the slowest for three months as new business growth eased to a 14-month low, with some firms noting that higher interest rates and greater uncertainty had dampened client demand. In addition, new business from abroad contracted for the first time since August due to greater competition and ongoing global trade tensions. On the other hand, the rate of job creation accelerated to a three-month high amid reports of shortages in capacity following a further increase in workloads. On the price front, input prices rose at the slowest rate since August while output charges increased at the weakest pace since December 2017.2019-01-04T14:52:00"
US Wage Growth Accelerates in December,Average Hourly Earnings,"US Wage Growth Accelerates in DecemberUnited States Average Hourly EarningsAverage hourly earnings in the US rose by 11 cents, or 0.4 percent, to $27.48 in December 2018 after gaining 0.2 percent in November and beating market expectations of a 0.3 percent advance. That lifted the annual increase in wages to 3.2 percent, matching the fastest pace since 2009 seen in October, from 3.1 percent in November. Meanwhile, average hourly earnings of private-sector production and non-supervisory employees increased by 9 cents, or 0.4 percent, to $23.05 in December.2019-01-04T13:34:00"
US Jobless Rate Rises to 3.9% in December,Unemployment Rate,"US Jobless Rate Rises to 3.9% in DecemberUnited States Unemployment RateThe US unemployment rate rose to 3.9 percent in December 2018 from a 49-year low of 3.7 percent in the previous month, and above market expectations of 3.7 percent. It was the highest jobless rate since July, as the number of unemployed persons increased by 276 thousand to 6.3 million and employment advanced by 142 thousand to 156.9 million.2019-01-04T13:32:00"
US Nonfarm Payrolls Rise the Most in 10 Months,Non Farm Payrolls,"US Nonfarm Payrolls Rise the Most in 10 MonthsUnited States Non Farm PayrollsNonfarm payrolls in the US increased by 312 thousand in December 2018, following an upwardly revised 176 thousand rise in November and easily beating below market expectations of 177 thousand. Job gains occurred in health care, food services and drinking places, construction, manufacturing, and retail trade. The December jobs gain pushed total US employment above 150 million jobs for the first time. 2019-01-04T13:31:00"
US 10Y Bond Yield Hits 50-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 50-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 50-week low of 2.5552%2019-01-04T00:21:10.657
US Stocks Plunge on Thursday,Stock Market,"US Stocks Plunge on ThursdayUnited States Stock MarketWall Street closed deeply in the red on Thursday 03 January 2019 after Apple cut its revenue forecast for the first time in nearly 12 years amid renewed concerns about China's economic slowdown, triggering a sell-off in tech shares excluding Netflix (+1.3%), benefitted by strong Bird Box and Black Mirror numbers. The Dow Jones plummeted 662 points or 2.8% to 22685. The S&P 500 plunged 62 points or 2.5% to 2448. The Nasdaq retreated 202 points or 3.0% to 6464.2019-01-03T21:06:00"
"US Stocks Plunge on Apple Warning, Weak Data",Stock Market,"US Stocks Plunge on Apple Warning, Weak DataUnited States Stock MarketUS stocks extended losses Thursday afternoon led by a sell-off in technology shares after Apple cut its revenue forecast for the first time in nearly 12 years amid renewed concerns about China's economic slowdown. In addition, December's data showed the ISM Manufacturing PMI dropped the most since October 2008 to its lowest level since November 2016. The Dow Jones tumbled 2.3% to 22,806; the S&P 500 slumped 1.9% to 2,463; and the Nasdaq fell 2.3% to 6,513.2019-01-03T18:32:00"
US 10Y Bond Yield Hits 50-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 50-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 50-week low of 2.6044%2019-01-03T15:28:42.193
US Factory Activity Growth Slows to 2-Year Low: ISM,Business Confidence,"US Factory Activity Growth Slows to 2-Year Low: ISMUnited States Business ConfidenceThe ISM Manufacturing PMI in the US fell to 54.1 in December, the weakest since November 2016, from 59.3 in November and missing market expectations of 57.9. It was the largest monthly drop since October 2008 as growth in new orders, production and employment slowed sharply. 2019-01-03T15:03:00"
US ISM New York Index at 6-Month Low in December,Ism New York Index,"US ISM New York Index at 6-Month Low in DecemberUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States fell to 65.4 in December of 2018 from 67.8 in November, pointing to the slowest business growth in the New York area since June. Employment (64.5 from 72.7), purchases (54.2 from 59.4), and expected revenues (62.5 from 78.1) increased less and price pressures softened (63.6 from 71.9). On the other hand, current revenues advanced at a faster pace, reaching a 3-month high of 75.0 (from 65.6 in November). Meantime, the Six-Month Outlook deteriorated to 57.1 from 73.4.2019-01-03T14:51:00"
US Stocks Tumble on Apple Warning,Stock Market,"US Stocks Tumble on Apple WarningUnited States Stock MarketUS stock markets traded deep in the red on Thursday led by a sell-off in technology stocks after Apple cut its revenue forecast for the first time in nearly 12 years amid renewed concerns about China's economic slowdown. The Dow Jones lost 1.4% to 23,018; the S&P 500 dropped 1% to 2,484; and the Nasdaq slid 1.4% to 6,575 around 15 minutes after the opening bell.2019-01-03T14:46:00"
US Jobless Claims Rise More than Expected,Initial Jobless Claims,"US Jobless Claims Rise More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 10 thousand to 231 thousand in the week ending December 30 from the previous week’s revised level of 221 thousand and above market expectations of 220 thousand. According to unadjusted data, the biggest increases were seen in New Jersey (+7,784); Pennsylvania (+7,410); Michigan (+7,001); Connecticut (+5,465) and Ohio (+5,013) while the largest declines were reported in California (-10,907); Texas (-4,800); Florida (-1,959) and North Carolina (-1,759). 2019-01-03T13:32:00"
US ADP Payroll Increase Biggest in Nearly 2 Years,ADP Employment Change,"US ADP Payroll Increase Biggest in Nearly 2 YearsUnited States ADP Employment ChangePrivate businesses in the United States hired 271 thousand workers in December 2018, more than a downwardly revised 157 thousand in November and market expectations of 178 thousand. This was the biggest monthly jobs gain since February 2017 as the service-providing sector added 224 thousand jobs, boosted by trade, transportation & utilities (33 thousand), information (6 thousand), financial activities (7 thousand), professional & business (66 thousand), education & health (61 thousand), leisure & hospitality (39 thousand) and other services (12 thousand). In addition, the goods-producing sector added 47 thousand jobs, supported by both construction (37 thousand) and manufacturing sectors (12 thousand), while employment in natural resources & mining fell by 2 thousand. Midsized companies were the ones hiring the most (129 thousand), followed by small (89 thousand) and large firms (54 thousand).2019-01-03T13:20:00"
US Job Cuts at 43.8K in December: Challenger,Challenger Job Cuts,"US Job Cuts at 43.8K in December: ChallengerUnited States Challenger Job CutsJob cuts announced by US-based employers fell by 17.3 percent to 43,884 in December 2018 from 53,073 in the previous month, but rose 35.3 percent from 32,423 in the same month last year. Retailers announced 98,563 cuts, 29.5 percent higher than the 76,084 announced in December 2017. In 2018, 538,659 job cuts were announced, 28.6 percent higher than the 418,770 announced in 2017. This is the highest annual total since 598,510 cuts were recorded in 2015, and the second-highest total since 2011, when 606,082 cuts were announced. Retail cuts comprise 18.3 percent of all announced cuts this year.2019-01-03T12:40:37.167"
US MBA Mortgages Applications Fall 8.5% in Latest Week,Mortgage Applications,"US MBA Mortgages Applications Fall 8.5% in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 8.5 percent in the week ended December 28th 2018, following a 5.8 percent decline in the previous week, data from the Mortgage Bankers Association showed. It was the biggest decrease in mortgage applications since the week ended in September 15th 2017. Refinance applications went down 10.6 percent and applications to purchase a home dropped 7.6 percent. The average fixed 30-year mortgage rate edged down by 2bps to 4.84 percent.2019-01-03T12:02:00"
US Stocks Fall on Global Growth Concerns,Stock Market,"US Stocks Fall on Global Growth ConcernsUnited States Stock MarketUS stock markets traded in the red on the first trading day of 2019 amid persistent concerns about a global economic slowdown after latest data showed China's manufacturing activity contracted for the first time in 19 months in December. In addition, the IHS Markit US Manufacturing PMI came in worse than initially thought and pointed to the weakest pace of expansion in the sector since September 2017. The Dow Jones lost 0.8% to 23,145; the S&P 500 retreated 0.7% to 2,490; and the Nasdaq dropped 0.7% to 2,715 around 30 minutes after the opening bell.2019-01-02T15:00:00"
US Manufacturing PMI Revised Lower to 15-Month Low: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Lower to 15-Month Low: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI came in at 53.8 in December 2018, little-changed from a preliminary estimate of 53.9 and below November's final 55.3. The latest reading pointed to the weakest pace of expansion in the manufacturing sector since September 2017 as new business rose at a softer rate and production growth eased to a 15-month low. In addition, the pace of job creation fell to an 18-month low and business confidence was the weakest since October 2016.2019-01-02T14:47:00"
Wall Street Books Worst Year in a Decade,Stock Market,"Wall Street Books Worst Year in a DecadeUnited States Stock MarketWall Street closed in the green on Monday 31 December 2018 to book a loss for the year, recording its worst annual performance in a decade amidst a government shutdown, trade policy uncertainty and a slowing economy. On Friday, the Dow Jones gained 266 points or 1.2% to 23328. The S&P 500 jumped 21 points or 0.9% to 2507. The Nasdaq climbed 51 points or 0.8% to 6635. For the whole 2018, the Dow Jones fell 5.6 percent, the S&P 500 6.2 percent, and the Nasdaq 3.9 percent. The Dow Jones and S&P 500 fell for the first time in three years, while the Nasdaq snapped a six-year winning streak. 2018-12-31T21:04:00.033"
US Dallas Fed Manufacturing Index Lowest Since 2016,Dallas Fed Manufacturing Index,"US Dallas Fed Manufacturing Index Lowest Since 2016United States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas plummeted 23 points to -5.1, hitting its lowest level since mid-2016 and missing market expectations of 17.6. The production index inched down 1.1 points to 7.3; the capacity utilization index fell 1.8 points to 7.6, and the shipments index dipped 1.6 points to 6.1. Meanwhile, the new orders index moved up 4.7 points to 14.4, and the growth rate of new orders index edged up 1 point to 5.8. The company outlook index also fell markedly, dropping 17 points to -3.4, also a two-and-a-half-year low. Labor market measures suggested continued but slightly slower employment growth and longer workweeks in December: the employment index retreated 4.9 points to 11.0, a level still above average; and the hours worked index held steady at 5.0.2018-12-31T15:35:00"
US Stocks Gain on Trade Deal Hopes,Stock Market,"US Stocks Gain on Trade Deal HopesUnited States Stock MarketUS stock markets traded in the green Monday on the last day of a volatile year amid hopes of a possible US-China deal after President Donald Trump said he had a ""very good call"" with Chinese President Xi Jinping and a big progress has being made on trade. The Dow Jones rose 1.1% to 23,307; the S&P 500 advanced 0.6% to 2,499; and the Nasdaq added 0.5% to 6,618 around 30 minutes after the opening bell.2018-12-31T14:55:00"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street closed mixed on Friday 28 December 2018, as markets wrapped a volatile week triggered by the US government shutdown, global growth headwinds, and persistent trade tensions. The Dow Jones lost 76 points or 0.3% to 23062. The S&P 500 retreated 3 points or 0.1% to 2486. The Nasdaq edged up 5 points or 0.1% to 6585.2018-12-28T21:07:00"
US Crude Oil Inventories Fall Much Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall Much Less than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped by 0.046 million barrels in the week ended December 21st 2018, following a 0.497 million decline in the previous week and compared to market expectations of a 2.869 million fall. Meanwhile, gasoline inventories increased by 3.003 million barrels, above market consensus of a 0.028 million rise.2018-12-28T16:10:06.95"
US Chicago PMI Falls Less than Expected,Chicago Pmi,"US Chicago PMI Falls Less than ExpectedUnited States Chicago PmiThe MNI Chicago Business Barometer for the US fell to 65.4 in December 2018 from an 11-month high of 66.4 in November, but above market expectations of 62.0. Demand fell after surging last month while output growth picked up to the highest since January. Meanwhile, the Supplier Deliveries indicator fell to its lowest level in a year this month and employment rose the least for three months.2018-12-28T15:10:04.467"
US Pending Home Sales Disappoint,Pending Home Sales,"US Pending Home Sales DisappointUnited States Pending Home SalesContracts to buy previously owned US homes slumped 7.7 percent from a year earlier in November 2018, following a 6.7 percent drop in the previous month. It marks the eleventh consecutive month of declines in pending home sales and the steepest since April of 2014. The biggest fall was recorded in the West (-12.2 percent), followed by the Midwest (-7 percent), South (-7.4 percent) and Northeast (-3.5 percent). On a month-over-month basis, sales fell 0.7 percent, following a 2.6 percent drop in October and missing market expectations of a 0.7 percent advance. 2018-12-28T15:07:00"
US Stocks Extend Gains on Late Session Comeback,Stock Market,"US Stocks Extend Gains on Late Session ComebackUnited States Stock MarketWall Street closed in the green on Thursday 27 December 2018 after falling as much as 3 percent early in the session, as trade tensions between the US and China weighed on investors' mood after news that President Trump is considering banning US companies from using telecommunications equipment made by Huawei and ZTE; oil prices retreated, and the partial shutdown of the US government continued. The Dow Jones climbed 260 points or 1.1% to 23139. The S&P 500 gained 21 points or 0.9% to 2489. The Nasdaq added 25 points or 0.4% to 6580.  2018-12-27T21:09:00"
US Stocks Retreat,Stock Market,"US Stocks RetreatUnited States Stock MarketWall Street opened in the red on Thursday, after closing nearly 5% higher in the previous session, when the Dow Jones posted its biggest single-day gain ever. Renewed trade tensions between the US and China weighed on investors' mood after news that President Trump is considering banning US companies from using telecommunications equipment made by Huawei and ZTE. A retreat in oil prices and the partial shutdown of the US government also contributed to the decline. The Dow Jones lost 1.2%, the S&P 500 declined 1% and the Nasdaq traded 0.9% lower around 10 minutes after the opening bell. 
2018-12-27T14:45:01.31"
US House Prices Rise in Line with Forecasts: FHFA,FHFA House Price Index MoM,"US House Prices Rise in Line with Forecasts: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.3 percent month-over-month in October of 2018, following a 0.2 percent gain in September and matching market expectations. Monthly price changes ranged from -0.6 percent in the South Atlantic division to +1.4 percent in the Pacific division. Year-on-year, house prices increased went up 5.7 percent, after a 6 percent rise in the previous month. The 12-month changes were all positive, ranging from +3.3 percent in the Middle Atlantic division to +8.5 percent in the Mountain division. 2018-12-27T14:09:58.89"
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 1 thousand to 216 thousand in the week ending December 22 from the previous week’s revised level of 217 thousand. It compares with market expectations of 217 thousand. According to unadjusted data, the largest declines were seen in Texas (-1,823); Michigan (-1,513); Florida (-1,007) and Louisiana (-488) while the biggest increases were reported in New Jersey (+6,155); Pennsylvania (+3,078); Missouri (+2,463) and Ohio (+2,385). 2018-12-27T13:31:00"
US Stocks Rebound Sharply on Wednesday,Stock Market,"US Stocks Rebound Sharply on WednesdayUnited States Stock MarketWall Street rebounded sharply on Wednesday 26 December 2018, as a rally in oil prices (up more than 6%) boosted energy stocks and strong holiday sales numbers supported Amazon and retail shares. Tech and communications services are also among the best performers. The Dow Jones surged 1086 points or 5.0 percent to 22879, logging its biggest single-day point gain ever. The S&P 500 soared 117 points or 5.0 percent to 2468. The Nasdaq jumped 361 points or 5.8 percent to 6554.2018-12-26T21:06:00"
Wall Street Extends Gains,Stock Market,"Wall Street Extends GainsUnited States Stock MarketUS stocks extended gains in afternoon trading Wednesday after a steep sell-off in the previous session and despite concerns over the world's largest economy, as a rally in oil prices boosted energy stocks and strong holiday sales numbers supported Amazon and retail shares. Tech and communications services are also among the best performers. The Dow Jones surged 2.8% to 22,404; the S&P 500 advanced 2.9% to 2,419; and the Nasdaq climbed 3.8% to 6,428 around 2 PM New York time.2018-12-26T17:52:00"
US Fifth District Manufacturing Activity Falls in December,Richmond Fed Manufacturing Index,"US Fifth District Manufacturing Activity Falls in DecemberUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia slumped to -8 in December 2018 from 14 in the previous month and well below market expectations of 16. It was the lowest reading since June 2016 as the index for new orders dropped sharply (-9 vs 17 in November) and the gauge measuring shipments declined to its lowest level since April 2009 (-25 vs 12). However, the index for employment rose to 14 in December from 11 in November. Respondents indicated a deterioration in local business conditions, as this index fell to -25, its lowest reading on record, but most firms were optimistic that conditions would improve.2018-12-26T15:31:00"
US Stocks Try for Rebound after Christmas Eve Plunge,Stock Market,"US Stocks Try for Rebound after Christmas Eve PlungeUnited States Stock MarketUS stock markets opened in the green Wednesday, trying to recover from a streak of four negative sessions amid renewed concerns about the world's largest economy after President Donald Trump criticized again the Federal Reserve for raising interest rates for the fourth time in 2018 and following news that Treasury Secretary Steven Mnuchin spoke with the CEOs of the six largest US banks to assess the health of the banking system. The Dow Jones rose 0.4% to 21,870 after ending at its lowest level since September 7th, 2017; the S&P 500 added 0.5% to 2,364, rebounding from its lowest close since April 21st, 2017; and the Nasdaq gained 1% to 6,255 after finishing at the lowest level since July 10th, 2017.2018-12-26T14:59:00"
US S&P/Case-Shiller Home Prices Above Expectations,Case Shiller Home Price Index YoY,"US S&P/Case-Shiller Home Prices Above ExpectationsUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US increased 5.0 percent year-on-year in October 2018, following an upwardly revised 5.2 percent gain in September and above market expectations of 4.9 percent. Las Vegas led the way with a 12.8 percent increase, followed by San Francisco (7.9 percent) and Phoenix (7.7 percent). The smallest gains were in Washington, D.C. (2.9 percent), New York (3.1 percent) and Chicago (3.3 percent). The national index, covering all nine US census divisions, rose 5.5 percent in October, the same pace as in the previous month.2018-12-26T14:04:00"
US Stocks Slump on Christmas Eve,Stock Market,"US Stocks Slump on Christmas EveUnited States Stock MarketWall Street finished in the red on Monday, ahead of the Christmas holiday after US President Trump tweeted “The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt!”. Also, worries regarding bank liquidity after US Treasury said on Sunday that ""The banks all confirmed ample liquidity is available for lending to consumer and business markets,"" weighted on sentiment. The Dow Jones lost 653 points or 2.9% to 21,792. The S&P 500 declined 66 points or 2.7% to 2,351. The Nasdaq fell 140 points or 2.2% to 6,193.2018-12-24T18:25:33.17"
US Stocks Trade Lower Amid Bank Liquidity Concerns,Stock Market,"US Stocks Trade Lower Amid Bank Liquidity ConcernsUnited States Stock MarketWall Street traded in the red on Monday, amid rising concerns regarding bank liquidity after US Treasury Secretary Mnuchin held calls with the heads of the six largest banks in the US to reassure investors that the economy and the financial markets are functioning properly. On Sunday, the US Treasury said that ""The banks all confirmed ample liquidity is available for lending to consumer and business markets,"" which sparked investors worries. Also, concerns over political stability after an aide to President Trump said the partial government shutdown could continue into New Year weighted on sentiment. The Dow Jones dropped 0.6%, the S&P 500 declined 1.1% and the Nasdaq fell 1.3% around 09:40 AM NY time.2018-12-24T14:53:00"
US Chicago Fed National Activity Index at 3-Month High,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index at 3-Month HighUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index rose to +0.22 in November 2018 from a downwardly revised +0.00 in the previous month. It is the highest reading since August, as the contribution from production-related indicators to the CFNAI increased to +0.08 in November (vs –0.09 in October) and from industrial production rose 0.6 percent in November (vs -0.2 in the prior month). The contribution from the sales, orders, and inventories category to the CFNAI moved up to +0.09 in November (vs –0.02 in October). Meanwhile, employment-related indicators contributed +0.10 to the CFNAI in November, down from +0.15 in October, as total nonfarm payrolls increased by 155,000 in November after rising by 237,000 in the previous month. The contribution of the personal consumption and housing category to the CFNAI ticked down to –0.05 in November from –0.04 in October.



2018-12-24T13:35:00"
US Stocks Fall Sharply to Extend Sell-Off,Stock Market,"US Stocks Fall Sharply to Extend Sell-OffUnited States Stock MarketWall Street closed deeply in the red on Friday 21 December 2018, to extend one of the worst months for stocks since the Great Recession amid concerns over global growth, the US government’s possible shutdown, and trade policy uncertainty between China and the US. Also, crude oil plunged 11 percent during the week to post its worst weekly performance since January 2016. The Dow Jones plunged 416 points or 1.8% to 22444 to wrap its worst week in 10 years. The S&P 500 tanked 51 points or 2.1% to 2417. The Nasdaq plummeted 195 points or 3.0% to 6333.2018-12-21T21:04:19.943"
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street attempted to rebound from a big sell-off in the previous two sessions, after the Fed raised rates on Wednesday and lowered expectations for further hikes in 2019 amid a global economic slowdown. Nike shares were among the best performers after the company's earnings and revenues beat forecasts. Yet, investors remained worried as chances of a partial government shutdown increased. The Dow Jones was up 0.5%, the S&P 500 rose 0.3% and the Nasdaq traded 0.1% higher around 20 minutes after the opening bell.2018-12-21T15:07:50.71"
US Consumer Sentiment Revised Higher,Consumer Confidence,"US Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to 98.3 in December of 2018 from a preliminary of 97.5 and 97.5 in November, final estimates showed. The Sentiment Index averaged 98.4 in 2018, the best year since 107.6 in 2000.2018-12-21T15:07:00"
US PCE Inflation Unexpectedly Rise in November,PCE Price Index Monthly Change,"US PCE Inflation Unexpectedly Rise in NovemberUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure (PCE) price index in the United States increased 0.1 percent month-over-month in November of 2018, following a 0.2 percent rise in the previous month while markets were expecting no growth. Cost of goods fell by 0.3 percent, compared with a 0.2 percent increase in October, as nondurables declined 0.5 percent (vs 0.3 percent in October) and durable goods edged up 0.1 percent, the same as in the prior month. Meanwhile, prices of services went up 0.2 percent, the same pace as in the previous five months. Excluding food and energy, PCE prices were up 0.1 percent, the same as in the previous month and in line with market expectations. Year-on-year, the PCE price index advanced 1.8 percent, following a 2 percent gain in the prior month, and the core index rose 1.9 percent, above a 1.8 percent gain in October.2018-12-21T15:06:00"
US Personal Income Rises 0.2% MoM in November,Personal Income,"US Personal Income Rises 0.2% MoM in NovemberUnited States Personal IncomePersonal income went up 0.2 percent month-over-month in November of 2018, after rising 0.5 percent in October and missing market expectations of 0.3 percent. The increase primarily reflected hikes in wages and salaries and in farm proprietors’ income that were partially offset by decreases in personal dividend income and social security benefits. Wages and salaries, the largest component of personal income, increased 0.2 percent in November, easing from a 0.4 percent gain in October.2018-12-21T15:03:00"
US Personal Spending Rises More than Expected,Personal Spending,"US Personal Spending Rises More than ExpectedUnited States Personal SpendingPersonal spending in the United States increased 0.4 percent from a month earlier in November 2018, following an upwardly revised 0.8 percent gain in October and above market expectations of a 0.3 percent rise. 2018-12-21T15:02:00"
US GDP Growth Revised Down to 3.4% in Q3,GDP Growth Rate,"US GDP Growth Revised Down to 3.4% in Q3United States GDP Growth RateThe US economy advanced an annualized 3.4 percent on quarter in the third quarter of 2018, slightly below earlier estimates of a 3.5 percent growth, final figures showed. It follows a 4.2 percent growth in the previous period which was the highest since the third quarter of 2014. Personal consumption expenditures (PCE) and exports were revised down, and private inventory investment was revised up. However, the general picture of economic growth remains the same.
2018-12-21T13:32:52.69"
US Corporate Profits Beat Estimates in Q3,Corporate Profits,"US Corporate Profits Beat Estimates in Q3United States Corporate ProfitsCorporate profits in the United States rose by USD 69.3 billion, or 3.5 percent, to an all-time high of USD 2,076.8 billion in the third quarter of 2018, following a 2.1 percent increase in the previous period and above the preliminary estimate and market expectations of a 3.3 percent gain, final figures showed. Undistributed profits advanced by USD 41.7 billion, or 5.3 percent, to USD 826.2 billion; and net dividends increased by USD 27.6 billion, or 2.3 percent, to USD 1,250.6 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, grew by USD 56.1 billion, or 2.2 percent, to USD  2,614.3 billion.2018-12-21T13:32:00"
US Durable Goods Orders Rebound Weaker than Expected,Durable Goods Orders,"US Durable Goods Orders Rebound Weaker than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods surged 0.8 percent from a month earlier in November 2018, following a downwardly revised 4.3 percent plunge in October and missing market expectations of a 1.6 percent advance. Transportation equipment drove the increase. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, dropped 0.6 percent in November, after a 0.5 percent gain in the previous month.2018-12-21T13:32:00"
US Stocks Extend Sell-off,Stock Market,"US Stocks Extend Sell-off United States Stock MarketWall Street closed deeply in the red on Thursday 20 December 2018, extending the sell-off from the previous session after the Fed raised the fed funds rate by 25bps as expected and lowered forecasts for 2 hikes in 2019 instead of previous 3 amid signs of a global growth slowdown. On Thursday, sentiment was affected by fears of a government shutdown as the standoff between the White House and Congress continues. The Dow Jones closed down 464 points or 2.0% to 22860. The S&P 500 plunged 40 points or 1.6% to 2467. The Nasdaq retreated 108 points or 1.6% to 6528.2018-12-20T21:30:00"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyUS Dollar decreased to a 4-week low of 96.1962018-12-20T19:05:49.41
US Stocks Extend Decline,Stock Market,"US Stocks Extend DeclineUnited States Stock MarketWall Street traded lower on Thursday, extending the sell-off from the previous session after the Fed raised the fed funds rate by 25bps as expected and lowered forecasts for 2 hikes in 2019 instead of previous 3 amid signs of a global growth slowdown.On Thursday, sentiment was affected by fears of a government shutdown as the standoff between the White House and Congress continues. The Dow Jones was down 0.7%, the S&P 500 declined 0.4% and the Nasdaq traded 0.5% lower around 11:00 AM NY time.2018-12-20T16:08:00"
US 10Y Bond Yield Hits 37-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 37-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 37-week low of 2.7494%2018-12-20T14:02:45.05
US Philadelphia Manufacturing Index Lowest Since 2016,Philadelphia Fed Manufacturing Index,"US Philadelphia Manufacturing Index Lowest Since 2016United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States fell to 9.4 in December of 2018 from 12.9 in November, well below market expectations of 15, and reaching the lowest level since August 2016. A slowdown was seen in shipments (10 from 21.6) and average workweek (0.5 from 6.3). Also, inventories dropped (-0.2 from 9.5) and prices paid eased (38 from 39.3). On the other hand, new orders (14.5 from 9.1), employment (18.3 from 16.3) and prices received (26.2 from 21.9) rose. Additionally, the 6-month outlook went up (31.7 from 27.2).2018-12-20T13:35:00"
US Jobless Claims Rise Less than Expected,Initial Jobless Claims,"US Jobless Claims Rise Less than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 8 thousand to 214 thousand in the week ending December 15 from the previous week's unrevised level of 206 thousand, which was the biggest decline in near 49 years. It compares with market expectations of a 10 thousand gain to 216 thousand. According to unadjusted data, the biggest increases were seen in Massachusetts (+1,020); California (+922); Virginia (+412) and Connecticut (286) while the largest declines were recorded in Illinois (-1,911); Michigan (-1,423); Georgia (-845) and Texas (-672).
2018-12-20T13:31:00"
US Stocks Plummet After Fed Hike,Stock Market,"US Stocks Plummet After Fed HikeUnited States Stock MarketWall Street closed deeply in the red on Wednesday 19 December 2018, as the Fed raised the benchmark interest rate by 25 bps, as expected, and cut its hike estimates for 2019 to two from three on a weaker economic outlook since the previous meeting. The Dow Jones plunged 352 points or 1.5% to 23324. The S&P 500 plummeted 39 points or 1.5% to 2507. The Nasdaq tumbled 147 points or 2.2% to 6637. 2018-12-19T21:13:00"
US 10Y Bond Yield Hits 37-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 37-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 37-week low of 2.7584%2018-12-19T20:06:37.953
Stocks in United States Hit 37-week Low,Stock Market,Stocks in United States Hit 37-week LowUnited States Stock MarketDow Jones decreased to a 37-week low of 234522018-12-19T19:56:59.797
"Fed Raises Rates, Signals Fewer Hikes in 2019",Interest Rate,"Fed Raises Rates, Signals Fewer Hikes in 2019United States Interest RateThe Federal Reserve raised the target range for the federal funds rate by 25bps to 2.25-2.5 percent during its December meeting and lowered forecasts for interest rate hikes in 2019 amid recent volatility in financial markets and slowing global growth. It is the fourth hike this year on the back of solid economic growth and strong labor market and despite heavy criticism from President Donald Trump.2018-12-19T19:05:00"
US Crude Oil Inventories Fall for 3rd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 3rd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped by 0.497 million barrels in the week ended December 14th 2018, following a 1.208 million decline in the previous week and compared to market expectations of a 2.437 million fall. Meanwhile, gasoline inventories increased by 1.766 million barrels, above market consensus of a 1.2 million rise.2018-12-19T15:32:39.58"
US Existing Home Sales Unexpectedly Rise,Existing Home Sales,"US Existing Home Sales Unexpectedly RiseUnited States Existing Home SalesSales of previously owned houses in the US rose 1.9 percent to a seasonally adjusted annual rate of 5.32 million in November of 2018, following a 1.4 percent increase in October and beating market expectations of a 0.6 percent fall. Single family home sales advanced 1.9 percent to 4.71 million (vs 0.9 percent in October) and sales of condos went up 1.7 percent to 0.61 million (vs 5.3 percent). The median house price increased to $257,700 from $255,100 in October and $247,200 a year earlier. The months' worth of supply went down to 3.9 from 4.3. Year-on-year, existing home sales dropped 7 percent, the sharpest fall since May of 2011.2018-12-19T15:06:42.733"
US Stocks Rise Ahead of Fed,Stock Market,"US Stocks Rise Ahead of FedUnited States Stock MarketWall Street traded higher on Wednesday morning as investors await the highly anticipated Fed monetary policy decision later in the day. A 25bps rise in the federal funds rate is widely expected although investors will be looking for further clues on the monetary policy path for next year, due to prospects of a global slowdown and amid volatility in financial markets. The Dow Jones was up 0.7%, the S&P 500 increased 0.8% and the Nasdaq traded 0.9% higher around 10:10 AM NY time.2018-12-19T15:00:00"
Fed Widely Seen Raising Rates,Forecast,"Fed Widely Seen Raising RatesUnited States ForecastThe Federal Reserve is seen raising the fed funds rate by 25bps to 2.25 percent- 2.5 percent on Wednesday, the fourth rate hike in 2018. The rise in borrowing costs is widely expected by markets although investors will be looking for further clues on the monetary policy path for next year, due to prospects of a global slowdown and amid volatility in financial markets. President Trump has also raised concerns regarding the Fed's tightening cycle. On Tuesday, President Trump tweeted 'I hope the people over at the Fed will read today’s Wall Street Journal Editorial before they make yet another mistake. Also, don’t let the market become any more illiquid than it already is. Stop with the 50 B’s. Feel the market, don’t just go by meaningless numbers. Good luck!'2018-12-19T13:57:00"
US Posts Largest Current Account Deficit in Nearly 10 Years,Current Account,"US Posts Largest Current Account Deficit in Nearly 10 YearsUnited States Current AccountThe US current account deficit widened to USD 124.8 billion, or 2.4 percent of GDP, in the third quarter of 2018 from a downwardly revised USD 101.2 billion, or 2 percent of GDP, in the previous three-month period and above market expectations of USD 124.3 billion. This was the largest current account deficit since the fourth quarter of 2008 mainly due to an increase in the deficit on goods (USD 227.0 billion vs USD 203.1 billion in Q2) as imports rose and exports fell. In addition, the secondary income gap declined to USD 25.6 billion from USD 29.0 billion in the previous period, while the primary income surplus shrank to USD 59.4 billion from USD 62.3 billion and the services surplus was virtually unchanged at USD 68.4 billion.2018-12-19T13:34:00"
US Mortgage Applications Decline in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Decline in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States fell 5.8 percent in the week ended December 14th 2018, following a 1.6 percent gain in the previous week, data from the Mortgage Bankers Association showed. Refinance applications went down 2.3 percent and applications to purchase a home dropped 6.8 percent. The average fixed 30-year mortgage rate edged down by 2bps to 4.94 percent.2018-12-19T12:07:25.787"
US 10Y Bond Yield Hits 29-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 29-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 29-week low of 2.8192%2018-12-18T21:58:39.323
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street opened in the green on Tuesday, attempting to recover from a sell-off in the previous sessions as the Fed two-day policy meeting kicks in and after data for housing starts and building permits beat forecasts. The Dow Jones went up 0.9%, the S&P 500 rose 0.8% and the Nasdaq traded 0.7% higher around 8 minutes after the opening bell. 2018-12-18T14:45:01.04"
US Housing Starts Beat Forecasts,Housing Starts,"US Housing Starts Beat ForecastsUnited States Housing StartsHousing starts in the United States jumped 3.2 percent from a month earlier to an annualized rate of 1,256 thousand in November of 2018, beating market forecasts of a 0.2 percent drop. Starts went up in the Northeast and the South but slumped in the Midwest and the West. The multi-family segment soared while single-family homebuilding reached the lowest level since May 2017.
2018-12-18T13:32:00"
US Building Permits Rise Unexpectedly in November,Building Permits,"US Building Permits Rise Unexpectedly in NovemberUnited States Building PermitsBuilding permits in the United States rose 5.0 percent from the previous month to a seasonally adjusted annual rate of 1,328 thousand in November 2018, compared to market expectations of a 0.4 percent fall. It is the highest reading in seven months. Single-family authorizations increased 0.1 percent to 848 thousand and multi-family permits jumped 14.8 percent to 480 thousand. Across regions, permits went up in the South (10.5 percent to 708 thousand) and the West (1.6 percent to 323 thousand) while in the Northeast permits were unchanged (at 120 thousand) and in the Midwest dropped (-4.8 percent to 177 thousand).2018-12-18T13:32:00"
US Stocks Plunge on Monday,Stock Market,"US Stocks Plunge on MondayUnited States Stock MarketWall Street closed deeply in the red on Monday 17 December 2018, extending losses from the previous session, as concerns over a global slowdown continue ahead of the Fed meeting this week. The Dow Jones tanked 508 points or 2.1% to 23593. The S&P 500 shed 54 points or 2.1% to 2546. The Nasdaq retreated 157 points or 2.3% to 6754.2018-12-17T21:37:00"
US Asset Purchases Rebound in October,Capital Flows,"US Asset Purchases Rebound in OctoberUnited States Capital FlowsOverseas investors bought USD 42 billion of US assets in October of 2018, after selling an upwardly revised USD 29.2 billion in the previous month. In addition, foreigners bought USD 31.3 billion of long-term US securities, including government and corporate, after buying USD 30.8 billion in September. Overseas investors bought USD 1.7 billion Treasuries in October, after selling USD 11.5 billion in the previous period.2018-12-17T21:10:00"
US Homebuilder Sentiment Lowest since 2015,Nahb Housing Market Index,US Homebuilder Sentiment Lowest since 2015United States Nahb Housing Market IndexThe NAHB Housing Market Index for the US slumped to 56 in December of 2018 from 60 in November and well below market expectations of 61. It is the lowest reading since May of 2015. The subindex for current single-family home sales fell to 61 from 67; the gauge for home sales over the next six months went down to 61 from 65 and prospective buyers edged down to 43 from 45.2018-12-17T15:07:23.127
US Stocks Continue to Fall,Stock Market,"US Stocks Continue to FallUnited States Stock MarketWall Street opened in the red on Monday, extending losses from the previous session as the Fed is likely to raise rates after its policy meeting on Wednesday. Also, a weaker-than-expected reading for NY Empire State Manufacturing Index and news that Malaysian authorities have filed criminal charges against Goldman Sachs also weighed on investors' mood. The Dow Jones declined 0.8%, the S&P 500 fell 0.7% and the Nasdaq traded 0.7% lower around five minutes after the opening bell.2018-12-17T14:31:00"
US NY Empire State Manufacturing Index Below Expectations,NY Empire State Manufacturing Index,"US NY Empire State Manufacturing Index Below ExpectationsUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States fell 12.4 points from the previous month to 10.9 in December of 2018 and missing market expectations of 20. The reading pointed to the lowest gain in manufacturing in the NY state since May last year, as shipments (21 from 28), inventories (7.1 from 10.9), new orders (14.5 from 20.4), average workweek (8 from 9.2), prices paid (39.7 from 44.5) and prices received (12.8 from 13.1) eased. On the other hand, employment (26.1 from 14.1) increased. Looking ahead, firms remained fairly optimistic about the six-month outlook, though optimism was slightly more tempered than in November.2018-12-17T13:33:00"
US Stocks Tumble on Friday,Stock Market,"US Stocks Tumble on FridayUnited States Stock MarketWall Street closed deeply in the red on Friday 14 December 2018, as softer retail sales and industrial production in China, wea PMIs in Europe and prevailing trade policy uncertainty weighed on sentiment. The Dow Jones plunged 497 points or 2.0% to 24101. The S&P 500 shed 51 points or 1.9% to 2600. The Nasdaq retreated 160 points or 2.3% to 6911.2018-12-14T21:05:00"
US Business Inventories Match Forecasts,Business Inventories,"US Business Inventories Match ForecastsUnited States Business InventoriesBusiness inventories in the United States increased 0.6 percent month-over-month in October of 2018, following an upwardly revised 0.5 percent rise in September and in line with market expectations. Stocks went up faster at retailers (0.8 percent compared to 0.1 percent in September), wholesalers (0.8 percent compared to 0.7 percent) and for autos and parts (1.1 percent compared to 0.5 percent) but increased less for manufacturers (0.1 percent compared to 0.6 percent). Retail inventories excluding autos, which go into the calculation of GDP, jumped 0.7 percent after falling 0.1 percent in September.2018-12-14T15:08:05.507"
US Private Sector Expands the Least in 19 Months,Composite Pmi,"US Private Sector Expands the Least in 19 MonthsUnited States Composite PmiThe IHS Markit US Composite PMI dropped to 53.6 in December 2018 from 54.7 in the previous month, a preliminary estimate showed. The latest reading signaled the weakest expansion in private sector since May 2017 as services growth was the weakest in 11 months (PMI at 53.4 vs 54.7 in November) and manufacturing increased the least since November 2017 (PMI at 53.9 vs 55.3 in November).2018-12-14T14:53:00"
US Factory Growth Lowest in Over a Year,Manufacturing PMI,"US Factory Growth Lowest in Over a YearUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 53.9 in December of 2018 from 55.3 in November, below market expectations of 55.1. The reading pointed to the slowest expansion in factory activity since November of 2017, as new orders and employment rose at a slower pace, preliminary estimates showed. Also, the near-term outlook has become less favourable.2018-12-14T14:50:05.51"
US Services Activity Growth Eases to 11-Month Low,Services PMI,"US Services Activity Growth Eases to 11-Month LowUnited States Services PMIThe IHS Markit US Services PMI fell to 53.4 in December 2018 from 54.7 in the previous month and well below market expectations of 54.7, a preliminary estimate showed. The latest reading pointed to the weakest pace of expansion in the service sector since January as new work rose the least since April 2017 and unfinished business fell for the first time in four months. On the price front, average cost burdens increased at the slowest rate for one year.2018-12-14T14:49:18.747"
US Stocks Fall Sharply,Stock Market,"US Stocks Fall SharplyUnited States Stock MarketWall Street slumped at the open on Friday amid mounting concerns over a global slowdown after China data for industrial production and retail sales and flash PMIs for France, Germany and the Euro Area came well below expectations. The Dow Jones fell 1.1%, the S&P 500 went down 1.1% and the Nasdaq traded 1.4% lower around 5 minutes after the opening bell. 2018-12-14T14:41:53.527"
US Industrial Output Rebound Beats Forecasts,Industrial Production Mom,"US Industrial Output Rebound Beats ForecastsUnited States Industrial Production MomUS industrial output rose 0.6 percent from a month earlier in November 2018, following a downwardly revised 0.2 percent contraction in October and beating market expectations of a 0.3 percent gain. Mining and utilities output led the increase while manufacturing production was unchanged.2018-12-14T14:17:42.59"
US Retail Sales Rise 0.2% in November,Retail Sales MoM,"US Retail Sales Rise 0.2% in NovemberUnited States Retail Sales MoMUS retail trade rose by 0.2 percent from a month earlier in November 2018, following a revised 1.1 percent growth in October and matching market expectations. Sales of furniture, electronics and a range of other goods was partially offset by a decline in trade at gasoline stations on the back of cheaper fuel prices. Retail sales excluding automobiles, gasoline, building materials and food services surged 0.9 percent in November after an upwardly revised 0.7 percent increase in October.2018-12-14T13:35:00"
US Budget Deficit Hits Record for November Month,Government Budget Value,"US Budget Deficit Hits Record for November MonthUnited States Government Budget ValueThe US government budget deficit went up to USD 205 billion in November 2018 from USD 139 billion in the same month of the previous year, above market expectations of USD 188 billion. It is the widest budget gap on record for a November month, as spending surged 18.4 percent to USD 411 billion while revenues fell 1.2 percent to USD 206 billion.


 2018-12-13T19:04:00"
US Stocks Trade Higher on Thursday,Stock Market,"US Stocks Trade Higher on ThursdayUnited States Stock MarketWall Street traded in the green on Thursday, as investors digest ongoing uncertainties regarding China and US trade war. On Wednesday, President Trump said China was back in the market buying US soybeans and added that trade talks with Beijing were already under way. China state-owned companies ordered up to 2 million tons of US soybeans, the first major purchase in more than six months. The Dow gained 0.7%, the S&P 500 advanced 0.5% and the Nasdaq traded 0.4% higher around 10:30 AM NY time.2018-12-13T15:31:00"
US Export Prices Drop the Most in Nearly 2 Years,Export Prices MoM,"US Export Prices Drop the Most in Nearly 2 YearsUnited States Export Prices MoMExport prices in the US fell 0.9 percent month-over-month in November of 2018 following an upwardly revised 0.5 percent rise in October and compared to market expectations of a 0.1 percent drop. It is the biggest fall since January of 2016 as lower nonagricultural prices more than offset rising agricultural cost. Nonagricultural export prices fell 1 percent following a 0.5 percent increase the previous month, mainly due to industrial supplies and materials, consumer goods and automotive vehicles. On the other hand, the price index for agricultural exports rose 1.8 percent in November, after falling 0.2 percent in October, due to higher prices for fruit, soybeans, and corn. Year-on-year, export prices increased 1.8 percent.
2018-12-13T13:38:00"
US Import Prices Fall the Most Since 2015,Import Prices MoM,"US Import Prices Fall the Most Since 2015United States Import Prices MoMUS import prices fell 1.6 percent from a month earlier in November of 2018, following a 0.5 percent gain in October and compared with market expectations of a 0.9 percent decrease. It was the largest decline in import prices since August 2015. Import fuel prices dropped 11.0 percent, after rising 3.2 percent in October, the decrease was the largest since January 2016, mainly due to cost of petroleum (-12.1 percent from 2.7 percent). Also, prices for non-fuel imports went down 0.3 percent, after ticking up 0.1 percent in the prior month. Lower foods, feeds, and beverages prices were the largest factor for the November decrease in non-fuel prices, although prices for non-fuel industrial supplies and materials and capital goods also dropped. Year-on-year, import prices went up percent 0.7 percent.2018-12-13T13:32:00"
US Jobless Claims Drop to Near 49-Year Low,Initial Jobless Claims,"US Jobless Claims Drop to Near 49-Year LowUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 27 thousand to a near 49-year low of 206 thousand in the week ending December 8 from the previous week's revised level of 233 thousand. Claims declined for the second straight week and by the most since April 2015. It compares with market expectations of a decline to 225 thousand. According to unadjusted data, the largest declines were seen in Pennsylvania (-10,604); New York (-8,853); California (-6,990) and Georgia (-4,010) while the biggest increases were reported in Colorado (+467); Massachusetts (+372) and Idaho (+308).2018-12-13T13:31:00"
US Stocks Close Higher on Wednesday,Stock Market,"US Stocks Close Higher on WednesdayUnited States Stock MarketWall Street pared some of the deep gains earlier in the session but closed moderately in the green on Wednesday 12 December 2018, amid reports that China plans to increase access to foreign companies, adding to hopes that the US and China are making progress in trade talks. The Dow Jones gained 157 points or 0.6% to 24527. The S&P 500 added 14 points or 0.5% to 2651. The Nasdaq climbed 67 points or 1.0% to 7098. 2018-12-12T21:11:00"
US Crude Oil Inventories Fall Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall Less than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped by 1.208 million barrels in the week ended December 7th 2018, following a 7.323 million decline in the previous week and compared to market expectations of a 2.99 million fall. This was the second period of decline after 10 weekly increases. Meanwhile, gasoline inventories increased by 2.087 million barrel, below market consensus of a 2.461 million rise.2018-12-12T15:31:00"
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street opened higher on Wednesday amid reports that China plans to increase access to foreign companies, adding to hopes that the US and China are making progress in trade talks. The Dow Jones went up 1.2%, the S&P 500 rose 1.2% and the Nasdaq traded 1.2% higher around 10 minutes after the opening bell. 2018-12-12T14:42:27.69"
The Dow Jones Index went up by 1.15%,Stock Market,"The Dow Jones Index went up by 1.15%United States Stock MarketUnited States Stock Market gained 281 points. Gains were led by General Electric (3.68%), Goldman Sachs (2.36%) and Intel (2.11%).2018-12-12T14:00:12.537"
US Inflation Rate Lowest in 9 Months,Inflation Rate,"US Inflation Rate Lowest in 9 MonthsUnited States Inflation RateAnnual inflation rate in the US fell to 2.2 percent in November of 2018 from 2.5 percent in October, matching market expectations. It is the lowest reading since February. On a monthly basis, consumer prices were unchanged after rising 0.3 percent in October and also in line with forecasts. The gasoline index declined 4.2 percent, offsetting increases in an array of indexes including shelter and used cars and trucks.
2018-12-12T13:33:13.05"
US MBA Mortgages Applications Rise 1.6% in Latest Week,Mortgage Applications,"US MBA Mortgages Applications Rise 1.6% in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States increased 1.6 percent in the week ended December 7th 2018, following a 2 percent gain in the previous week, data from the Mortgage Bankers Association showed. Refinance applications went up 1.8 percent and applications to purchase a home rose 2.5 percent. The average fixed 30-year mortgage rate fell by 12bps to 4.96 percent.2018-12-12T12:02:44.537"
US Stocks Erase Most Gains,Stock Market,"US Stocks Erase Most GainsUnited States Stock MarketWall Street traded mixed during a volatile session on Tuesday. The 3 main stock indexes added more than 1% at the open after news that the Chinese Vice Premier Liu discussed trade issues with the US Secretary Mnuchin and reports that China will cut tariffs on US cars to 15% from 40%. However, stocks erased most of the gains during the trading session after President Trump and Democratic leaders reached no agreement on border wall and government shutdown. The Dow Jones was down 0.3%, the S&P 500 traded nearly flat and the Nasdaq rose 0.3% around 12:25 PM NY time.
2018-12-11T17:30:00"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketWall Street rallied at the open on Tuesday after news that the Chinese Vice Premier Liu discussed trade issues with the US Secretary Mnuchin and reports that China will cut tariffs on US cars to 15% from 40%. Also, President Trump tweeted 'Very productive conversations going on with China! Watch for some important announcements!'. The Dow Jones was up 1.4%, the S&P 500 rose 1.3% and the Nasdaq traded 1.3% higher around 5 minutes after the opening bell. 2018-12-11T14:36:00"
US Producer Prices Unexpectedly Rise in November,Producer Price Inflation MoM,"US Producer Prices Unexpectedly Rise in NovemberUnited States Producer Price Inflation MoMProducer prices for final demand in the US edged up 0.1 percent in November 2018, following a 0.6 percent advance in October and compared to market expectations of a flat reading. The cost of services increased 0.3 percent (vs 0.7 percent in October), boosted by a 0.3 percent advance in the index for trade services. Meanwhile, the cost of wholesale goods fell 0.4 percent (vs 0.6 percent in October), the largest drop since May 2017, with energy prices declining the most since September 2015 (-5 percent vs 2.7 percent). Food costs increased 1.3 percent, after a 1 percent gain in October. The core index, which excludes food and energy, went up 0.3 percent in November after gaining 0.5 percent in October and also above forecasts of 0.1 percent. On a yearly basis, producer prices climbed 2.5 percent and the core index increased 2.7 percent.2018-12-11T13:33:00"
US Small Business Optimism Lowest in 7 Months,NFIB Business Optimism Index,"US Small Business Optimism Lowest in 7 MonthsUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US fell to 104.8 in November of 2018 from 107.4 in October, below market expectations of 107.3. It is the lowest reading in seven months although it continued its exceptionally strong two-year trend. Slightly more than half of the decline was attributable to Expected Business Conditions and Expected Real Sales. Increases in compensation tied a near 30-year high as owners seek to attract more qualified candidates. An increasing percentage of owners reported capital outlays and higher sales.2018-12-11T11:11:49.48"
US Stocks Edge Higher on Monday,Stock Market,"US Stocks Edge Higher on MondayUnited States Stock MarketWall Street rebounded modestly on Monday 10 December 2018 after sharp losses in the previous week, as stocks reverted deep losses early in the session triggered by tense trade policy and prevailing uncertainty on the global economy’s cycle evolution. The Dow Jones gained 34 points or 0.1% to 24423. The S&P 500 edged up 5 points or 0.2% to 2638. The Nasdaq climbed 51 points or 0.7% to 7021.2018-12-10T21:14:00"
US Job Openings Beat Forecasts,Job Offers,"US Job Openings Beat ForecastsUnited States Job OffersThe number of job openings in the US increased to 7,079 thousand in October of 2018 from a downwardly revised 6,960 in September and above market expectations of 6,995 thousand. The number of job openings was little changed for total private (6,489 thousand from 6,340 thousand) and for government (590 thousand from 620 thousand). Job openings increased in information (+45,000), real estate and rental and leasing (+38,000), educational services (+20,000), and state and local government education (+17,000). The number of job openings decreased in state and local government, excluding education (-38,000) and transportation, warehousing, and utilities (-33,000). Job openings were little changed in all four regions.2018-12-10T15:14:32.25"
US Stocks Fall,Stock Market,"US Stocks FallUnited States Stock MarketWall Street opened in the red on Monday as US-China trade concerns continue to weigh on investors' mood after the arrest of Huawei CFO last week. Apple shares were among the worst performers after news that a Chinese court banned sales of certain iPhone models due to patent infringement. The Dow Jones fell 0.8%, the S&P 500 declined 0.8% and the Nasdaq traded 0.4% lower around 25 minutes after the opening bell.
2018-12-10T15:04:18.597"
US Stocks Tumble on Friday,Stock Market,"US Stocks Tumble on FridayUnited States Stock MarketWall Street closed deeply in the red on Friday 7 December 2018 after the jobs report showed the US economy added a lower-than-expected 155 thousand jobs in November. Also, worries about China and US trade war continued to weigh on investors' mood and Brent crude prices rose 5 percent. The Dow Jones plunged 559 points or 2.2% to 24388. The S&P plummeted 63 points or 2.3% to 2633. The Nasdaq sank 219 points or 3.1% to 6969.2018-12-07T21:04:00"
US Consumer Credit Growth Beats Expectations,Consumer Credit,"US Consumer Credit Growth Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 25.4 billion in October 2018, following an upwardly revised USD 11.6 billion gain in the previous month and above market expectations of a USD 15.0 billion rise. Revolving credit including credit card borrowing climbed USD 9.2 billion, compared to a USD 0.3 billion decline in September. Meantime, non-revolving credit including loans for education and automobiles jumped by USD 16.2 billion, after rising USD 11.9 billion in the prior month.2018-12-07T20:05:40.3"
US Stocks Sink,Stock Market,"US Stocks SinkUnited States Stock MarketWall Street traded lower on Friday, after the jobs report showed the US economy added a lower-than-expected 155 thousand jobs in November. Also, worries about China and US trade war continued to weigh on investors' mood.The Dow Jones was down 1.6%, the S&P 500 fell 1.5% and the Nasdaq traded 1.9% lower around 12:05 PM NY time.2018-12-07T17:11:37.867"
US Consumer Sentiment Above Forecasts,Consumer Confidence,"US Consumer Sentiment Above ForecastsUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was steady at 97.5 in December of 2018, the same as in the previous month and above market expectations of 97, preliminary estimates showed. In the last 2 years, consumer sentiment has been above 90, a pattern not seen since 1997 to 2000.2018-12-07T15:10:33.81"
US Wholesale Inventories Revised Higher in October,Wholesale Inventories,"US Wholesale Inventories Revised Higher in OctoberUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.8 percent month-over-month to USD 652.1 billion in October 2018, slightly above a preliminary estimate of 0.7 percent and following an upwardly revised 0.7 percent rise in September. Automotive stocks jumped 3.4 percent (vs 2.5 percent in September) and machinery inventories climbed 2.1 percent (vs 1.4 percent). Stocks also rose at computer equipment (3.6 percent vs 2.5 percent), professional equipment (1.8 percent vs 1.1 percent) and electrical (0.9 percent vs 1.1 percent). Meanwhile, nondurable inventories fell 0.6 percent (vs -0.2 percent in September).  Year-on-year, inventories rose 6.9 percent.2018-12-07T15:04:00"
US Unemployment Rate Holds Steady at 49-Year Low,Unemployment Rate,"US Unemployment Rate Holds Steady at 49-Year LowUnited States Unemployment RateThe US unemployment rate was unchanged at a 49-year low of 3.7 percent in November 2018, in line with market expectations. The number of unemployed decreased by 100 thousand to 5.98 million and employment rose by 233 thousand to 156.80 million. 2018-12-07T13:31:37.817"
US Economy Adds Less Jobs than Expected,Non Farm Payrolls,"US Economy Adds Less Jobs than ExpectedUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 155 thousand in November of 2018, following a downwardly revised 237 thousand in October and well below market expectations of 200 thousand. Job gains occurred in health care, in manufacturing, and in transportation and warehousing.2018-12-07T13:31:19.763"
US Wages Rise Less than Expected in November,Average Hourly Earnings,"US Wages Rise Less than Expected in NovemberUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 6 cents or 0.2 percent month-over-month to USD 27.35 in November 2018, up from a downwardly revised 0.1 percent increase in the previous month but below market expectations of a 0.3 percent gain. Over the year, average hourly earnings have increased by 81 cents, or 3.1 percent, the same as in October and the quickest pace since April 2009. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to USD 22.95 in November.


2018-12-07T13:31:00"
US Crude Oil Inventories Fall for 1st Time in 11 Weeks,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 1st Time in 11 WeeksUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States slumped by 7.323 million barrels in the week ended November 30th 2018, following a 3.577 million increase in the previous week and compared to market expectations of a 0.942 million fall. This was the first period of decline after 10 weekly increases and the steepest fall since the beginning of July. Meanwhile, gasoline inventories went up by 1.699 million barrels, above market consensus of a 1.3 million rise.2018-12-06T16:06:05.683"
US Services Growth Beats Forecasts: ISM,Non Manufacturing PMI,"US Services Growth Beats Forecasts: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States edged up to 60.7 in November of 2018 from 60.3 in October, beating market expectations of 59.2. The non-manufacturing sector continued to reflect strong growth in November although concerns persist about employment resources and the impact of tariffs. Yet, respondents remain positive about current business conditions and the direction of the economy.2018-12-06T15:07:48.513"
US Factory Orders Post Biggest Drop in 15 Months,Factory Orders,"US Factory Orders Post Biggest Drop in 15 MonthsUnited States Factory OrdersNew orders for manufactured goods made in the US fell 2.1 percent from a month earlier in October 2018, following a downwardly revised 0.2 percent growth in September and compared to market expectations of a 2.0 percent drop. This was the largest monthly decline in factory orders since July 2017 mainly due to a decrease in transport equipment orders (-12 percent vs 0.9 percent in September), such as civilian aircraft (-22.2 percent vs -19.1 percent), defense aircraft & parts (-59.3 percent vs 117.1 percent) and motor vehicles (-0.1 percent, the same as in September). Demand also fell for primary metals (-2.2 percent vs -1.3 percent) and machinery (-0.4 percent vs 0.2 percent), while there were increases in orders for fabricated metal products (1.7 percent vs -2.1 percent), computers and electronic products (1.7 percent vs 0.6 percent), and electrical equipment, appliances & components (1.7 percent vs -0.7 percent).2018-12-06T15:05:00"
US Output Growth Slows Less than Expected: Markit,Composite Pmi,"US Output Growth Slows Less than Expected: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI posted 54.7 in November 2018, compared to a preliminary estimate of 54.4 and down slightly from 54.9 in October. The latest reading pointed to an overall strong expansion in the US private sector, despite slower rates of growth in both the manufacturing and service sectors. New orders rose the least since October 2017 while new export orders increased faster. On the price front, input cost inflation moderated and output charges continued to increase.2018-12-06T14:58:26.057"
US Service Output Growth Stronger than Thought: Markit,Services PMI,"US Service Output Growth Stronger than Thought: MarkitUnited States Services PMIThe IHS Markit US Services PMI came in at 54.7 in November 2018, above a preliminary estimate of 54.4 and broadly in line with 54.8 seen in October. New order growth eased to a 13-month low and the pace of job creation was the slowest since June 2017 while outstanding business rose only modestly. Still, new export business increased the most since May as foreign demand strengthened. On the price front, input cost inflation picked up from the previous month on higher fuel and labour costs, and output charges rose sharply. Looking ahead, service sector firms expressed a lower degree of optimism towards future business activity growth in November.2018-12-06T14:52:00"
US Stocks Extend Slide,Stock Market,"US Stocks Extend SlideUnited States Stock MarketWall Street opened in the red on Thursday, tracking losses in Europe and in Asia amid increasing concerns over US-China trade after the arrest of Huawei CEO. Also, latest data showed the US trade deficit widened to the highest in 10 years in October and imports reached a record high despite imposed tariffs. The Dow Jones went down 1.5%, the S&P 500 fell 1.3% and the Nasdaq traded 1.3% lower around 8 minutes after the opening bell.2018-12-06T14:44:45.213"
US Q3 Labor Productivity Revised Higher,Productivity,"US Q3 Labor Productivity Revised HigherUnited States ProductivityLabor productivity in the US non-farm business sector rose an annualized 2.3 percent during the third quarter of 2018, slightly above a preliminary estimate of 2.2 percent and following a 3 percent increase in the previous three-month period. Output went up 4.1 percent and hours worked rose 1.8 percent. Year-on-year, productivity increased 1.3 percent, reflecting a 3.7 percent gain in output and a 2.3 percent rise in hours worked.2018-12-06T13:42:49.357"
US Imports Hit New Record,Imports,"US Imports Hit New RecordUnited States ImportsImports of goods and services to the US increased USD 0.6 billion from a month earlier, or 0.2 percent, to an all-time high of USD 266.5 billion in October 2018. Goods imports rose USD 0.5 billion to USD 219.6 billion, as purchases of consumer goods were up USD 2.0 billion to a record high on the back of pharmaceutical preparations. In addition, motor vehicle imports climbed USD 0.7 billion to an all-time high and purchases of other goods rose USD 0.8 billion. By contrast, there were declines in imports of capital goods, telecommunications equipment, computer accessories and computers. Imports of services, such as travel, increased USD 0.2 billion to USD 46.9 billion. On a non-seasonally adjusted basis, imports rose from all main partners: Japan (23 percent), the EU (20.3 percent), Mexico (9.3 percent), Canada (6.4 percent) and China (4.4 percent).2018-12-06T13:37:00"
US Trade Deficit Reaches 10-Year High,Balance of Trade,US Trade Deficit Reaches 10-Year HighUnited States Balance of TradeThe US trade deficit widened to USD 55.5 billion in October of 2018 from an upwardly revised USD 54.6 billion in the previous month and compared with market expectations of a USD 54.9 billion gap. It is the highest deficit since October of 2008 as lower soybean sales weighed down on exports and imports reached a new record high.2018-12-06T13:37:00
US Exports Fall 0.1% in October,Exports,"US Exports Fall 0.1% in OctoberUnited States ExportsExports of goods and services from the US fell USD 0.3 billion from the previous month, or 0.1 percent, to USD 211.0 billion in October. Goods exports decreased USD 0.4 billion to USD 141.5 billion, mainly due to lower sales of soybeans (down USD 0.8 billion), civilian aircraft (down USD 0.3 billion) and engines (down USD 0.3 billion). By contrast, exports of other goods rose USD 0.5 billion and those of industrial supplies and materials increased USD 0.3 billion. Exports of services, in particular financial services and other business services, increased USD 0.1 billion to USD 69.6 billion in October. On a non-seasonally adjusted basis, exports to China slumped 6.7 percent while there were gains in sales to Mexico (15.1 percent), Canada (6.3 percent), the EU (2.6 percent) and Japan (2.3 percent).2018-12-06T13:35:00"
US Labor Costs Rise Less than Estimated,Labour Costs,"US Labor Costs Rise Less than EstimatedUnited States Labour CostsUnit labor costs in the US nonfarm business sector increased an annualized 0.9 percent in the third quarter of 2018, rebounding from an upwardly revised 2.8 percent drop in the previous period, which was the largest fall since the second quarter of 2014. It mainly reflects a 3.1 percent rise in hourly compensation and a 2.3 percent gain in labor productivity. It compares with preliminary estimates of a bigger 1.2 percent increase, final figures showed. Year-on-year, unit labor costs increased 0.9 percent.2018-12-06T13:33:00"
US Jobless Claims Drop Less than Expected,Initial Jobless Claims,"US Jobless Claims Drop Less than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 4 thousand to 231 thousand in the week ending December 1 from the previous week's revised level of 235 thousand. It compares with market expectations of a decline to 225 thousand. According to unadjusted data, the largest declines were seen in Oklahoma (-1,022), Kentucky (-753), Vermont (-309) and Massachusetts (-189) while the biggest increases were reported in California (+21,803), Pennsylvania (+9,954), New York (+8,965) and Illinois (+8,022).

2018-12-06T13:31:00"
US Companies Create Less Jobs than Expected: ADP,ADP Employment Change,"US Companies Create Less Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 179 thousand workers in November of 2018, compared with a downwardly revised 225 thousand in October and below market expectations of 195 thousand. It is the lowest reading in three months. The service-providing sector added 163 thousand jobs, boosted by professional and business (59 thousand); education and health (49 thousand); leisure and hospitality (26 thousand); trade, transportation and utilities (18 thousand); financial activities (8 thousand); and other services (3 thousand) while the information sector lost 1 thousand jobs. The goods-producing sector added 16 thousand jobs supported by construction (10 thousand); manufacturing (4 thousand); and natural resources and mining (2 thousand). Midsized companies were the ones hiring the most workers (119 thousand), followed by small (46 thousand) and large (13 thousand).2018-12-06T13:21:27.527"
US Job Cuts Fall to 53.1K in November: Challenger,Challenger Job Cuts,"US Job Cuts Fall to 53.1K in November: Challenger United States Challenger Job CutsJob cuts announced by US-based employers fell by 29.8 percent month-over-month to 53,073 in November of 2018 but rose 51.5 percent year-on-year. General Motors announced it would cut 15 percent of its workforce, or up to 14,000 employees, after offering 18,000 buyouts to workers in an effort to save over $6 billion. Challenger counted 14,000 cuts due to cost-cutting. GM’s announcement is the 7th largest single job cut announcement by an Automotive company since 2001. So far this year, employers have announced 494,775 cuts, 28 percent higher than the 386,347 announced through this point last year. This is the highest 11-month total since 2015, when 574,888 cuts were tracked through November. Retail continues to lead all sectors in job cut announcements with 96,504, followed by telecommunications (59,518), financials (41,351), health care (39,443), consumer products (30,733) and autos (28,529 cuts).2018-12-06T12:39:08.677"
US Mortgage Applications Rise for 2nd Week: MBA,Mortgage Applications,"US Mortgage Applications Rise for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States went up 2 percent in the week ended November 30th 2018, after a 5.5 percent jump in the previous week, data from the Mortgage Bankers Association showed. Refinance applications increased 6.2 percent and applications to purchase a home went up 0.8 percent. The average fixed 30-year mortgage rate fell by 4bps to 5.08 percent. 2018-12-05T12:03:52.307"
US Stocks Plummet on Inverted Yield Curve,Stock Market,"US Stocks Plummet on Inverted Yield CurveUnited States Stock MarketWall Street closed sharply in the red on Tuesday 4 December 2018, following a rally in the previous session amid lack of clarity and details about the US-China trade truce agreed during the weekend, dragging mostly industrials. Also, the three-year Treasury note surpassed its five-year counterpart on Monday, prompting fears of slowing growth in the US, weighing on investors’ mood, weighing heavily on shares of financials. The Dow Jones plummeted 799 points or 3.1% to 25027. The S&P 500 plunged 90 points or 3.2% to 2700. The Nasdaq tanked 283 points or 3.8% to 7158.  2018-12-04T21:06:00"
US IBD/TIPP Economic Optimism At 8-Month Low,Economic Optimism Index,"US IBD/TIPP Economic Optimism At 8-Month LowUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index declined 6.7 percent to 52.6 in December 2018, the lowest level since April and well below market consensus of 57.3. The Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, dropped 12.8 percent to 46.4, the first negative reading since April and its lowest point in the Trump presidency. In addition, the Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, fell 2.4 percent to 60.8; and Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, declined 5.8 percent to 50.6.2018-12-04T15:12:00"
US Stocks Fall,Stock Market,"US Stocks FallUnited States Stock MarketWall Street opened in the red on Tuesday, following a rally in the previous session amid lack of clarity and details about the US-China trade truce agreed during the weekend. The Dow Jones was down 0.7%, the S&P 500 fell 0.6% and the Nasdaq traded 0.7% lower around 25 minutes after the opening bell.2018-12-04T15:01:04.177"
ISM New York Index at 5-Month Low,Ism New York Index,"ISM New York Index at 5-Month LowUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States fell to 67.8 in November of 2018 from 69.8 in October, pointing to the slowest business growth in the New York area since June. Employment (72.7 from 82.1), purchases (59.4 from 70.6), current (65.6 from 72.2) and expected (78.1 from 80.6) revenues rose less and price pressures intensified (71.9 from 67.6). On the other hand, the Six-Month Outlook improved to 73.4 from 70.9.2018-12-04T14:52:20.77"
Dollar Loses after Trade Truce,Currency,"Dollar Loses after Trade TruceUnited States CurrencyThe dollar index against a basket of major currencies declined for the second straight session on Tuesday, together with a fall in US Treasury yields after US and China agreed to suspend additional trade tariffs for 90 days during the weekend, improving investors' confidence and appetite for riskier assets. The DXY was down 0.6% to 96.45 around 10:05 AM London time.2018-12-04T10:13:51.887"
US Stocks Surge on Trade Truce,Stock Market,"US Stocks Surge on Trade Truce United States Stock MarketWall Street closed deeply in the green on Monday 3 December 2018 amid a global stock rally as trade tensions eased after US President Donald Trump and his Chinese counterpart Xi Jinping agreed to suspend new tariffs for 90 days at the G20 meeting during the weekend. Also, US crude prices rose 4.5% during the trading session. The Dow Jones jumped 288 points or 1.1% to 25826. The S&P 500 climbed 30 points or 1.1% to 2790. The Nasdaq soared 111 points or 1.5% to 7442. 2018-12-03T21:08:47.523"
US Factory Growth Beats Forecasts: ISM,Business Confidence,"US Factory Growth Beats Forecasts: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US jumped to 59.3 in November of 2018 from 57.7 in October, beating market expectations of 57.6. New orders, production and employment rose faster and comments from the panel reflect continued expanding business strength.
2018-12-03T15:10:09.993"
US Construction Spending Falls Unexpectedly in October,Construction Spending,"US Construction Spending Falls Unexpectedly in OctoberUnited States Construction SpendingUS construction spending fell 0.1 percent from a month earlier to a seasonally adjusted annual rate of USD 1.31 trillion in October 2018, the same as September's revised figure and below market expectations of a 0.4 percent rise. Spending on private construction dropped 0.4 percent, after rising 0.4 percent in September, as private residential outlays declined 0.5 percent to their lowest since November 2017 and spending on private non-residential projects went down 0.3 percent, the biggest decrease since March. Meanwhile, investment in public construction increased 0.8 percent, after falling 1.5 percent in September, as spending on state and local government construction rose 0.5 percent and that on federal construction surged 3.7 percent. Year-on-year, construction spending increased 4.9 percent.2018-12-03T15:06:00"
US Manufacturing PMI Revised Lower: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Lower: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised slightly down to 55.3 from a preliminary of 55.4 in November of 2018 and 55.7 in October. However, the reading indicated a solid improvement in the health of the sector that was above the series trend as new orders rose the most since May and job creation was also stronger. On the other hand, business confidence was the lowest since September of 2017 amid concerns over the sustainability of the current sequence of new order growth.2018-12-03T14:52:00"
US Stocks Gain Amid Trade Truce,Stock Market,"US Stocks Gain Amid Trade TruceUnited States Stock MarketWall Street opened sharply in the green on Monday, following gains in Europe and in Asia after US President Trump and Chinese President Xi Jinping agreed on a 90-day trade tariff truce at the G20 meeting during the weekend. The Dow Jones increased 1.7%, the S&P 500 rose 1.3% and the Nasdaq traded 1.8% higher around 8 minutes after the opening bell. 2018-12-03T14:40:11.99"
US Stocks End November on a Positive Note,Stock Market,US Stocks End November on a Positive NoteUnited States Stock MarketWall Street closed in the green on Friday ahead of a meeting between US President Trump and Chinese President Xi Jinping and after news reported that a Chinese official said "consensus is steadily increasing" between the two countries on trade talks. The Dow Jones added 200 points or 0.8% to 25538; the S&P 500 rose 22 points or 0.8% to 2760; and the Nasdaq closed 57 points or 0.8% higher at 7331. 2018-11-30T21:18:00
Chicago PMI at 11-Month High,Chicago Pmi,"Chicago PMI at 11-Month HighUnited States Chicago PmiThe Chicago Business Barometer for the US rose to 66.4 in November of 2018 from 58.4 in October, beating market expectations of 58. It is the highest reading since December last year. Although broad-based, with increases across all five of the Barometer’s subcomponents, resurgent orders, solid output and higher unfinished orders were the month’s key drivers. 2018-11-30T15:16:20.03"
Fed Likely to Raise Rates in December,Interest Rate,"Fed Likely to Raise Rates in DecemberUnited States Interest RateThe Fed considered that another increase in the federal funds rate is likely to be warranted fairly soon, suggesting a rate hike at the upcoming meeting in December, FOMC minutes showed. Policymakers also said that monetary policy is not on a preset course and can be adjusted according to incoming economic data.2018-11-29T19:30:00"
US Pending Home Sales Post Biggest Drop for Over 4 Years,Pending Home Sales,"US Pending Home Sales Post Biggest Drop for Over 4 YearsUnited States Pending Home SalesContracts to buy previously owned US homes slumped 6.7 percent from a year earlier in October 2018, following a downwardly revised 0.9 percent drop in the previous month. This was the tenth consecutive month of decline in pending home sales and the steepest since June 2014. The biggest fall was recorded in the West (-15.3 percent), followed by the Midwest (-4.9 percent), South (-4.6 percent) and Northeast (-2.9 percent). On a month-over-month basis, sales fell 2.6 percent, following a 0.7 percent increase in September and missing market expectations of a 0.5 percent advance. Home resales were down 5.1 percent from a year earlier in October, the sharpest drop since July 2014.2018-11-29T15:12:00"
US PCE Prices Rise 0.2% MoM in October,PCE Price Index Monthly Change,"US PCE Prices Rise 0.2% MoM in OctoberUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure (PCE) price index in the United States increased 0.2 percent month-over-month in October of 2018, following a 0.1 percent rise in each of the previous four months and matching market expectations. Cost of goods rose by 0.2 percent, compared with a 0.1 percent drop in September, as durable goods edged up 0.1 percent (vs -0.4 percent in September) and nondurables increased 0.3 percent from 0.1 percent in September. Meanwhile, prices of services went up 0.2 percent, the same pace as in the previous four months. Excluding food and energy, PCE prices were up 0.1 percent, after a 0.2 percent gain in September and slightly below market expectations of 0.2 percent. Year-on-year, the PCE price index advanced 2 percent, the same as in the prior month, and the core index rose 1.8 percent, below a 1.9 percent gain in September.2018-11-29T13:33:00"
US Personal Spending Rises the Most in 7 Months,Personal Spending,"US Personal Spending Rises the Most in 7 MonthsUnited States Personal SpendingPersonal spending in the United States rose 0.6 percent from a month earlier in October 2018, following a downwardly revised 0.2 percent advance in September and beating market expectations of a 0.4 percent gain. It was the largest increase in personal spending since March. 2018-11-29T13:32:35.767"
US Jobless Claims Hit 6-Month High in Latest Week,Initial Jobless Claims,"US Jobless Claims Hit 6-Month High in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits rose by 10 thousand to 234 thousand in the week ending November 24 from the previous week's unrevised level of 224 thousand and against market expectations of a drop to 220 thousand. Claims increased for the third straight week, hitting its highest level since the week ending May 19. However, the Thanksgiving Day was observed on Thursday which could have influenced the data. According to unadjusted data, the biggest rises were reported in Pennsylvania (+3,677), Wisconsin (+2,212), Massachusetts (+1,193) and Kentucky (+1,173) while the largest declines were seen in Texas (-5,592), California (-3,822) and Florida (-2,381).2018-11-29T13:31:00"
US Personal Income Rises More than Expected in October,Personal Income,"US Personal Income Rises More than Expected in OctoberUnited States Personal IncomePersonal income went up 0.5 percent month-over-month in October of 2018 after rising 0.2 percent in September and beating market expectations of 0.4 percent. It is the largest increase in personal income since January and primarily reflected hikes in wages and salaries, proprietors’ income, and government social benefits to persons. Wages and salaries, the largest component of personal income, increased 0.3 percent in October, the same as in September.2018-11-29T13:31:00"
US Stocks Rally on Fed Powell Comments,Stock Market,"US Stocks Rally on Fed Powell CommentsUnited States Stock MarketWall Street rallied on Tuesday 28 November 2018 after Federal Reserve Chairman Jerome Powell said in a speech that interest rates are just below neutral, suggesting fewer rate hikes were coming in 2019. The Fed chairman's latest remarks compare to his October's observation on rates, in which he said “we’re a long way from neutral at this point, probably.” The Dow Jones surged 618 points or 2.5%, the sharpest climb in eight months, to 25366. The S&P 500 soared 62 points or 2.3% to 2744. The Nasdaq jumped 209 points or 3.0% to 7292.
2018-11-28T21:07:00.32"
Fed Sees Rates Just Below Neutral,Interest Rate,"Fed Sees Rates Just Below Neutral United States Interest RateInterest rates are still low by historical standards, and they remain just below the broad range of estimates of the level that would be neutral for the economy, that is, neither speeding up nor slowing down growth, Fed Chair Powell said in a speech at The Economic Club of New York. Fed Chair added that the economic effects of the gradual rate increases are uncertain, and may take a year or more to be fully realized, suggesting the Fed is likely to continue with gradual rate hikes. However, the hawkish tone softened compared to a speech made in October when the Fed Chair said the Fed was “a long way” from neutral. 2018-11-28T17:33:19.573"
US Crude Oil Inventories Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 3.577 million barrels in the week ended November 23rd 2018, following a 4.851 million increase in the previous week. It compares with market expectations of a 0.769 million rise. Meanwhile, gasoline inventories declined by 0.764 million barrels after a 1.295 million drop in the previous week.2018-11-28T15:34:00"
US Richmond Fed Manufacturing Index Lower than Expected,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Lower than ExpectedUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia edged down to 14 in November of 2018 from 15 in October, below market expectations of 16. Slower increases were reported for new orders (17 from 20), capital expenditures (17 from 21), inventories of raw materials (5 from 14), number of employees (11 from 19) and average workweek (11 from 16). On the other hand, shipments rose faster (12 from 7), wages increased more (34 from 28) and inflationary pressures eased for both prices paid (4.7 from 5.68) and received (2.13 from 2.84). Also, firms were optimistic, expecting growth to continue in the next six months.2018-11-28T15:13:38.127"
US New Home Sales Drop to 2-1/2-Year Low,New Home Sales,"US New Home Sales Drop to 2-1/2-Year LowUnited States New Home SalesSales of new single-family houses in the United States slumped 8.9 percent from the previous month to a seasonally adjusted annual rate of 544 thousand in October 2018, following an upwardly revised 1 percent growth in September and missing market expectations of a 3.7 percent jump. New home sales were at the lowest level since March 2016.2018-11-28T15:04:00"
US Stocks Rise,Stock Market,"US Stocks Rise United States Stock MarketWall Street opened in the green on Wednesday, as investors await Fed Chair Powell speech later in the day for further insights on the central bank monetary policy guide. The Dow Jones rose 0.7%, the S&P 500 increased 0.5% and the Nasdaq traded 0.7% higher around 5 minutes after the opening bell.2018-11-28T14:40:59.72"
US Corporate Profits Beat Forecasts in Q3,Corporate Profits,"US Corporate Profits Beat Forecasts in Q3United States Corporate ProfitsCorporate profits in the United States increased by USD 66.0 billion, or 3.3 percent, to an all-time high of USD 2,073.5 billion in the third quarter of 2018, following a 2.1 percent advance in the previous period and beating market expectations of a 2 percent rise, a preliminary estimate showed. Undistributed profits climbed by USD 38.7 billion, or 4.9 percent, to USD 823.2 billion, and net dividends rose by USD 27.3 billion, or 2.2 percent, to USD 1,250.3 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, grew by USD 52.7 billion, or 2.1 percent, to USD  2,610.9 billion.2018-11-28T13:35:40.48"
US Wholesale Inventories Rise More than Expected,Wholesale Inventories,"US Wholesale Inventories Rise More than ExpectedUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.7 percent month-over-month to USD 650.4 billion in October of 2018, following an upwardly revised 0.6 percent rise in September and above market expectations of a 0.5 percent gain, a preliminary estimate showed. Stocks of durable goods advanced faster (1.7 percent vs 1.2 percent in September) while those non-durable fell 0.9 percent, after a 0.4 percent drop in the previous month. Year-on-year, inventories rose 6.6 percent.2018-11-28T13:33:00"
US GDP Growth Confirmed at 3.5% in Q3,GDP Growth Rate,"US GDP Growth Confirmed at 3.5% in Q3United States GDP Growth RateThe US economy advanced an annualized 3.5 percent on quarter in the third quarter of 2018, in line with earlier figures, the second estimate showed. It follows a 4.2 percent growth in the previous period which was the highest since the third quarter of 2014. Upward revisions to nonresidential fixed investment and private inventory investment were offset by a downward revision to consumer spending and a higher drag from net trade. 2018-11-28T13:33:00"
US Mortgage Applications Rise the Most So Far in 2018: MBA,Mortgage Applications,"US Mortgage Applications Rise the Most So Far in 2018: MBAUnited States Mortgage ApplicationsMortgage applications in the United States went up 5.5 percent in the week ended November 23rd 2018, after a 0.1 percent drop in the previous week, data from the Mortgage Bankers Association showed. It is the first gain in mortgage applications in five weeks and the biggest increase since the first week of the year. Refinance applications increased 0.5 percent while applications to purchase a home went up 8.8 percent. The average fixed 30-year mortgage rate fell by 4bps to 5.12 percent after reaching the highest since April of 2010 two weeks earlier. 2018-11-28T12:09:37.273"
US Stocks Resume Slide,Stock Market,"US Stocks Resume SlideUnited States Stock MarketUS stock markets opened in the red on Tuesday amid renewed trade tensions after President Donald Trump said on Monday that he still expects to boost tariff levels on $200 billion of Chinese goods to 25% and that a 10% tariff on laptops and iPhones imported from China could also be imposed. The Dow Jones lost 0.8% to 24,445; the S&P 500 fell 0.5% to 2,659; and the Nasdaq slid 0.8% to 7,026 around 15 minutes after the opening bell.2018-11-27T14:45:00"
US Home Price Growth Slows Further: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Price Growth Slows Further: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-city home price index in the US rose 5.1 percent from a year earlier in September 2018, following a 5.5 percent advance in August and missing market expectations of 5.3 percent. Las Vegas led the way with a 13.5 percent increase, followed by San Francisco (9.9 percent) and Seattle (8.4 percent). The smallest gains were in New York (2.6 percent), Washington, D.C. (2.9 percent) and Chicago (3 percent). The national index, covering all nine US census divisions, rose 5.5 percent in September, down from 5.7 percent in the previous month.2018-11-27T14:08:00"
US Home Prices Rise Less than Expected: FHFA,FHFA House Price Index MoM,"US Home Prices Rise Less than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.2 percent month-over-month in September 2018, following an upwardly revised 0.4 percent gain in August and below than market expectations of a 0.4 percent increase. Monthly price changes ranged from -1.1 percent in the Pacific region to +0.6 percent in the East North Central region. Year-on-year, house prices advanced 6.0 percent in September, slowing from a 6.1 percent rise in August.2018-11-27T14:04:00"
US Stocks Surge on Monday,Stock Market,"US Stocks Surge on MondayUnited States Stock MarketWall Street closed deeply in the green on Monday 26 November 2018, as Amazon (+5.3%) rose sharply on solid Black Friday sales and as the EU and the UK reached an agreement on the terms of Brexit on Sunday. The Dow Jones gained 354 points or 1.5% to 24640. The S&P 500 advanced 41 points or 1.6% to 2674. The Nasdaq surged 143 points or 2.1% to 7082.2018-11-26T21:11:56.32"
Texas Manufacturing Expansion Slows to 15-Month Low,Dallas Fed Manufacturing Index,"Texas Manufacturing Expansion Slows to 15-Month LowUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 17.6 in November 2018 from 29.4 in the previous month. It was the lowest reading since August 2017. The production index moved down 9.2 points to 8.4 in November, and the new orders and growth rate of new orders indexes declined to 9.7 and 4.8, respectively, representing their lowest readings in 20 months. In addition, the capacity utilization index dropped 6.0 points to 9.4, and the shipments index fell 8.9 points to 7.7, both at their lowest levels in at least 20 months. Labor market measures suggested continued but slower employment growth and longer workweeks in November: the employment index retreated 8.0 points to 15.9; and the hours worked index edged down 1.6 points to 4.9.2018-11-26T15:58:00"
US Stocks Rebound,stock market,"US Stocks ReboundUnited States stock marketUS stock markets opened in the green on Monday recovering from a steep sell-off in the previous sessions amid a rebound in crude oil prices and strong performances from retailers. Also, news that the EU and Britain reached an agreement on Brexit and that Italy's government may revise its 2019 budget plans helped to provide some support for markets. The Dow Jones gained 1.1% to 24,500; the S&P 500 advanced 1.1% to 2,659; and the Nasdaq climbed 1.2% to 7,022 .2018-11-26T14:33:00"
Chicago Fed National Activity Index Rises in October,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Rises in OctoberUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index rose to +0.24 in October 2018 from a downwardly revised +0.14 in the previous month. Employment-related indicators contributed +0.19 to the CFNAI in October (vs +0.05 in September) as total non-farm payrolls rose by 250,000 after increasing by 118,000 in the previous month. Meanwhile, the contribution from the sales, orders, and inventories category to the CFNAI was unchanged at +0.04, and that from production-related indicators moved down to +0.06 from +0.09. The contribution of the personal consumption and housing category to the CFNAI ticked down to -0.05 in October from -0.04 in September.2018-11-26T13:37:32.393"
US Stocks End Lower,Stock Market,"US Stocks End LowerUnited States Stock MarketUS stock markets closed in the red on Friday as technology shares resumed slide and a slump in oil prices weighed on energy stocks. The Dow Jones finished 0.7% lower at 24,286; the S&P 500 dropped 0.7% to 2,633; and the Nasdaq retreated 0.5% to 6,939.2018-11-23T18:18:33.397"
US Stocks Trade Mixed,Stock Market,"US Stocks Trade MixedUnited States Stock MarketUS stock markets traded mixed on Friday as technology shares were under pressure and a slump in oil prices weighed on energy stocks. The Dow Jones lost 0.4% to 24,366; the S&P 500 fell 0.3% to 2,642; and the Nasdaq gained 0.2% to 6,985 around 30 minutes after the opening bell.2018-11-23T14:59:40.467"
US Services Activity Growth Slows in November: Markit,Services PMI,"US Services Activity Growth Slows in November: MarkitUnited States Services PMIThe IHS Markit US Services PMI decreased to 54.4 in November of 2018 from 54.8 in the previous month and lower than market consensus of 54.9, the preliminary estimate showed. The reading pointed to a slowdown in the service sector activity, as output growth moderated and new work eased. Also, the job creation rate advanced at the weakest pace since June last year, as service providers responded to softer new business growth by exercising more caution with their staff recruitment. On the price front, cost pressures faced by service sector companies slowed. and the latest rise in operating expenses was the least marked for three months, which contributed to the slowest increase in average prices charged since June.2018-11-23T14:53:00"
US Private Sector Activity at 2-Month Low: Markit,Composite Pmi,"US Private Sector Activity at 2-Month Low: MarkitUnited States Composite PmiThe IHS Markit Composite PMI for the US fell to 54.4 in November of 2018 from 54.9 in October and below market expectations of 56, the flash estimate showed. The reading pointed to the weakest growth in the US private sector activity in two months, as both services (54.4 from 54.8) and manufacturing (55.4 from 55.7) rose at a softer pace.2018-11-23T14:51:02.153"
US Manufacturing Growth Remains Solid: Markit,Manufacturing PMI,"US Manufacturing Growth Remains Solid: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 55.4 in November 2018 from 55.7 in the previous month and below market consensus of 55.7, a preliminary estimate showed. Output growth slowed to a three-month low while new orders rose the most in six months and the pace of job creation hit an 11-month high.2018-11-23T14:48:00"
US Stocks Close Mostly Higher on Wednesday,Stock Market,"US Stocks Close Mostly Higher on WednesdayUnited States Stock MarketWall Street rebounded moderately on Wednesday 21 November 2018 with the Dow Jones closing flat and paring gains on late session, as technology shares rebounded from previous sessions' sharp sell-off and oil prices rallied. The Dow Jones remained practically unchanged at 24465. The S&P 500 gained 8 points or 0.3% to 2650. The Nasdaq surged 63 points or 0.9% to 6972.2018-11-21T21:07:42.843"
US Crude Oil Inventories Rise for 9th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 9th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 4.851 million barrels in the week ended November 16th 2018, following a 10.27 million increase in the previous week which was the biggest monthly rise in crude oil inventories since February of 2017. Meanwhile, gasoline inventories declined by 1.295 million barrels after a 1.479 million drop in the previous week.2018-11-21T15:39:00"
US Consumer Sentiment Revised Lower,Consumer Confidence,"US Consumer Sentiment Revised LowerUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US fell further to 97.5 in November of 2018 from a preliminary reading of 98.3 and 98.6 in October. It is the lowest value in three months. Both current conditions and expectations were revised lower although the drops were more related to income than political party.
2018-11-21T15:12:41.557"
US Existing Home Sales Above Forecasts,Existing Home Sales,"US Existing Home Sales Above ForecastsUnited States Existing Home SalesSales of previously owned houses in the US rose 1.4 percent to a seasonally adjusted annual rate of 5.22 million in October 2018, following a 3.4 percent drop in September and beating market expectations of a 1 percent increase. Single family home sales advanced 0.9 percent to 4.62 million (vs -3.4 percent in September) and sales of condos went up 5.3 percent to 0.6 million (vs -3.4 percent in September). The median house price fell to $255,400 from $256,900 in September but increased from $246,000 a year earlier. The months' worth of supply edged down to 4.3 from 4.4. Year-on-year, existing home sales dropped 5.1 percent, the sharpest fall since July 2014.2018-11-21T15:10:00"
US Stocks Halt Slide,Stock Market,"US Stocks Halt SlideUnited States Stock MarketUS stock markets opened in the green on Wednesday, buoyed by a rebound in technology shares following a sharp sell-off in previous sessions. Amazon and Netflix were among the best performers, followed by Facebook, Apple and Alphabet. The Dow Jones rose 0.4% to 24,560; the S&P 500 added 0.5% to 2,654; and the Nasdaq climbed 0.9% to 6,970 around 15 minutes after the opening bell.2018-11-21T14:46:44.07"
US Durable Goods Orders Post Biggest Fall in Over a Year,Durable Goods Orders,"US Durable Goods Orders Post Biggest Fall in Over a YearUnited States Durable Goods OrdersNew orders for US manufactured durable goods slumped 4.4 percent from a month earlier in October 2018, following a downwardly revised 0.1 percent decline in September and worse than market expectations of a 2.5 percent drop. It was the largest fall in durable goods orders since July 2017 as demand for transportation equipment dropped.2018-11-21T13:32:58.92"
US Jobless Claims Rise Unexpectedly,Initial Jobless Claims,"US Jobless Claims Rise UnexpectedlyUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits rose by 3 thousand to 224 thousand in the week ending November 17 from the previous week's upwardly revised level of 221 thousand, reaching its highest level since the week ending June 30. It compares with market expectations of 215 thousand. Claims for North Carolina and Florida continued to be affected by Hurricanes Florence and Michael, respectively. According to unadjusted data, the biggest gains in claims were registered in Illinois (+2,193), Minnesota (+1,744), Ohio (+615) and  Iowa (+407) while the largest declines were seen in California (-6,401), New Jersey (-2,425), New York (-1,496) and Florida (-1,198).2018-11-21T13:32:00"
US Mortgage Applications Fall for 4th Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 4th Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States edged down 0.1 percent in the week ended November 16th 2018, after a 3.2 percent drop in the previous week, data from the Mortgage Bankers Association showed. Refinance applications decreased 5 percent while applications to purchase a home went up 3.1 percent. The average fixed 30-year mortgage rate fell to 5.16 percent from 5.17 percent which was the highest rate since April of 2010.2018-11-21T12:05:08.98"
US Stocks Extend Sharp Losses on Tuesday,Stock Market,"US Stocks Extend Sharp Losses on TuesdayUnited States Stock MarketWall Street closed deeply in the red on Tuesday 20 November 2018, as trade policy uncertainty and extended declines in tech stocks continued to weigh on investor sentiment. The Dow Jones plunged 552 points or 2.2% to 24466. The S&P plummeted 49 points or 1.8% to 2642. The Nasdaq tanked 120 points or 1.7% to 6909. 2018-11-20T21:07:00"
Stocks in United States Falling,stock market,Stocks in United States FallingUnited States stock marketDow Jones decreased by 2% to 245152018-11-20T18:20:41.577
US Stocks Fall,Stock Market,"US Stocks Fall United States Stock MarketWall Street opened sharply in the red on Tuesday, with all 3 major stock indexes erasing 2018 gains. Apple stocks continued to decline and Target shares also fell after earnings came worse than expected. The Dow Jones declined 1.5%, the S&P 500 fell 1.2% and the Nasdaq traded 1.5% lower around 10 minutes after the opening bell.2018-11-20T14:46:00"
US Building Permits Fall Less than Expected,Building Permits,"US Building Permits Fall Less than ExpectedUnited States Building PermitsBuilding permits in the United States fell 0.6 percent from the previous month to a seasonally adjusted annual rate of 1,263 thousand in October 2018, while markets were expecting a bigger 0.8 percent drop. Single-family authorizations declined 0.6 percent to 849 thousand and multi-family permits went down 0.5 percent to 414 thousand. Across regions, permits fell in the South (-2.4 percent to 648 thousand) and West (-7.9 percent to 313 thousand), but went up in the Midwest (9.4 percent to 187 thousand) and  Northeast (21.1 percent to 115 thousand). Permits for September were revised to 1,263 thousand from 1,241 thousand.2018-11-20T13:35:00"
US Housing Starts Rise Slightly Less than Expected,Housing Starts,"US Housing Starts Rise Slightly Less than ExpectedUnited States Housing StartsHousing starts in the US increased 1.5 percent from a month earlier to an annualized rate of 1,228 thousand in October of 2018, following an upwardly revised 5.5 percent drop in September and compared with market expectations of a 1.6 percent rise. The multi-family segment led the rise while construction of single-family houses declined for a second month. Starts rebounded in the South after being hurt by Hurricane Florence in September but fell in the Northeast and the West. 2018-11-20T13:33:00"
US Stocks Plunge on Monday,Stock Market,"US Stocks Plunge on MondayUnited States Stock MarketWall Street closed deeply in the red on Monday 19 November 2019, dragged by steep declines in shares of Apple, Netflix, Alphabet and Facebook. Negative data flow for tech shares ranged from a production cuts on lower demand to mounting regulatory and antitrust risks. The Dow Jones plunged 395 points or 1.6% to 25018. The S&P plummeted 46 points or 1.7% to 2691. The Nasdaq tanked 219 points or 3.0% to 7029. 2018-11-19T21:02:32.973"
Stocks in United States Falling,stock market,Stocks in United States FallingUnited States stock marketDow Jones decreased by 2% to 249042018-11-19T19:04:46.573
US Home Builder Sentiment Lowest in Over 2 Years,Nahb Housing Market Index,US Home Builder Sentiment Lowest in Over 2 YearsUnited States Nahb Housing Market IndexThe NAHB Housing Market Index for the US slumped to 60 in November of 2018 from 68 in October and well below market expectations of 67. It is the lowest reading since August of 2016. The subindex for current single-family home sales fell to 67 from 74; the gauge for home sales over the next six months went down to 65 from 75 and prospective buyers slipped to 45 from 53.2018-11-19T15:07:19.163
US Stocks Fall on Monday,Stock Market,"US Stocks Fall on MondayUnited States Stock MarketWall Street opened in the red on Monday, mainly dragged down by losses in Apple shares after news that the company cut orders for the 3 models launched in September iPhone XR, XS and XS Max. The Dow Jones fell 0.1%, the S&P 500 declined 0.2% and the Nasdaq traded 0.6% lower around 14 minutes after the opening bell. 2018-11-19T14:49:29.64"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street closed mixed on Friday 16 November 2018, as tech stocks fell modestly mainly dragged by a 19% decline in Nvidia shares following weaker than expected revenues for Q3 and a downwardly revised outlook. The Dow Jones gained 124 points or 0.5% to 25413. The S&P 500 added 6 points or 0.2% to 2736. In contrast, the Nasdaq retreated 11 points or 0.2% to 7248. 2018-11-16T21:11:05.813"
US Foreigners Sell Treasuries in September,Capital Flows,"US Foreigners Sell Treasuries in SeptemberUnited States Capital FlowsOverseas investors sold USD 29.1 billion of US assets in September of 2018, compared with a downwardly revised USD 108.1 billion purchase in August. Meanwhile, foreigners bought USD 30.8 billion of long-term US securities, including government and corporate, after buying a downwardly revised USD 131.8 billion in the previous month. Also, overseas investors sold USD 11.5 billion in Treasuries in September, compared with the USD 63.1 billion purchased in the previous month. 
2018-11-16T21:07:07.477"
US Stocks Open Lower,Stock Market,"US Stocks Open LowerUnited States Stock MarketWall Street opened in the red on Friday, mainly dragged down by the tech sector after Nvidia reported worse-than-expected revenues. The Dow Jones declined 0.5%, the S&P 500 fell 0.6% and the Nasdaq traded 1.1% lower around 8 minutes after the opening bell.2018-11-16T14:42:00"
US Industrial Output Growth Weaker than Expected,Industrial Production Mom,"US Industrial Output Growth Weaker than ExpectedUnited States Industrial Production MomUS industrial output edged up 0.1 percent from a month earlier in October 2018, following a downwardly revised 0.2 percent advance in September and missing market expectations of a 0.2 percent gain. Manufacturing output rose 0.3 percent for its fifth consecutive monthly increase, while the indexes for mining and for utilities declined 0.3 percent and 0.5 percent, respectively. Hurricanes lowered the level of industrial production in both September and October, but their effects appear to be less than 0.1 percent per month.2018-11-16T14:18:21.41"
US Stocks Rebound Sharply on Thursday,Stock Market,"US Stocks Rebound Sharply on ThursdayUnited States Stock MarketWall Street closed deeply in the green on Thursday 15 November 2018, as bank shares led by JP Morgan and tech stocks led by Apple responded positively to reported progress in US-China trade talks. The Dow Jones gained 209 points or 0.8% to 25289. The S&P 500 added 29 points or 1.1% to 2730. The Nasdaq surged 123 points or 1.7% to 7259.2018-11-15T21:10:29.167"
Stocks in United States Move Up By 1%,stock market,Stocks in United States Move Up By 1%United States stock marketDow Jones increased by 1% to 253282018-11-15T19:31:43.17
US Crude Oil Inventories Rise the Most since Feb 2017,Crude Oil Stocks Change,"US Crude Oil Inventories Rise the Most since Feb 2017United States Crude Oil Stocks ChangeStocks of crude oil in the United States jumped by 10.27 million barrels in the week ended November 9th 2018, following a 5.783 million increase in the previous week and above market expectations of a 3.182 million gain. It is the biggest monthly rise in crude oil inventories since February of 2017. Meanwhile, gasoline inventories declined by 1.411 million barrels compared to market forecasts of a 1.479 million decline.2018-11-15T16:08:30.467"
US Stocks Trade Lower,Stock Market,"US Stocks Trade LowerUnited States Stock MarketWall Street traded in the red early on Thursday amid Brexit-related concerns after the UK Brexit Secretary Dominic Raab resigned as a draft deal with the EU was reached. Also, news that Warren Buffet exit Walmart also weighed on investors' mood. The Dow Jones fell 0.6%, the S&P 500 dropped 0.6% and the Nasdaq traded 0.4% lower around 35 minutes after the opening bell.2018-11-15T15:13:00.15"
US Business Inventories Match Forecasts,Business Inventories,"US Business Inventories Match ForecastsUnited States Business InventoriesBusiness inventories in the United States increased 0.3 percent month-over-month in September of 2018, following a 0.5 percent rise in August and in line with market expectations. Stocks rose less at retailers (0.1 percent compared to 0.6 percent in August), wholesalers (0.4 percent compared to 0.9 percent) and for autos and parts (0.4 percent compared to 1.8 percent) but increased faster for manufacturers (0.5 percent compared to 0.1 percent). Retail inventories excluding autos, which go into the calculation of GDP, edged down 0.1 percent, the same as in August.2018-11-15T15:06:15.19"
Philadelphia Fed Manufacturing Index Lowest in 3 Months,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Lowest in 3 MonthsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States fell to 12.9 in November of 2018 from 22.2 in October. Figures came below market expectations of 20, reaching the lowest level in three months. A slowdown was seen in new orders (9.1 from 19.3), shipments (21.6 from 24.5), employment (16.3 from 19.5) and average workweek (6.3 from 20.8). Also, prices received eased (21.9 from 24.1) and prices paid went up (39.3 from 38.2). On the other hand, inventories rebounded (9.5 from -0.8). The 6-month outlook also declined (27.2 from 33.8). 2018-11-15T13:55:00"
New York State Manufacturing Growth Above Expectations,NY Empire State Manufacturing Index,"New York State Manufacturing Growth Above ExpectationsUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States increased 2.2 points from the previous month to 23.3 in November of 2018, beating market expectations of 20 and pointing to the highest gain in manufacturing in the NY state in three months. Shipments (28 from 26.3), inventories (10.9 from 0.8), employment (14.1 from 9) and average workweek (9.2 from 0.2) accelerated. On the other hand, new orders slowed (20.4 from 22.5), prices paid rose (44.5 from 42) and prices received eased (13.1 from 14.3). Looking ahead, firms remained fairly optimistic about the six-month outlook.
2018-11-15T13:47:32.583"
US Import Prices Beat Forecasts,Import Prices MoM,"US Import Prices Beat ForecastsUnited States Import Prices MoMUS import prices went up 0.5 percent from a month earlier in October of 2018, following a downwardly revised 0.2 percent rise in September and beating market expectations of a 0.1 percent gain. It is the largest monthly increase since a 0.9 percent rise in May. Cost for import fuels increased 3.3 percent, after advancing 0.7 percent in September; the rise was the largest monthly gain since a 6.1 percent increase in May. Higher prices for both petroleum (2.8 percent) and natural gas (24.6 percent) contributed to the advance. Cost for nonfuel imports edged up 0.2 percent in October, after recording no change in September. Higher prices for foods, feeds, and beverages drove the October advance and more than offset decreasing prices for capital goods; consumer goods; and nonfuel industrial supplies and materials. Year-on-year, import prices went up percent 3.5 percent.2018-11-15T13:40:20.967"
US Export Prices Rise More than Expected,Export Prices MoM,"US Export Prices Rise More than ExpectedUnited States Export Prices MoMUS export prices increased 0.4 percent month-over-month in October of 2018, after showing no growth in the previous month and above market expectations of a 0.1 percent gain. It was the largest monthly increase in export prices since May. Prices of nonagricultural exports rose 0.5 percent, following a 0.2 percent rise in September, mainly due to higher prices of nonagricultural industrial supplies and materials, and automotive vehicles; while consumer goods prices fell in October. Meanwhile, cost of agricultural exports dropped 0.3 percent after declining 6.1 percent over the previous 3 months, driven by lower nut and cotton prices, which fell 4.6 percent and 5.3 percent, respectively. Year-on-year, export prices went up 3.1 percent, following a 2.7 percent rise in September.2018-11-15T13:35:00"
US Retail Sales Rise the Most in 5 Months,Retail Sales MoM,"US Retail Sales Rise the Most in 5 MonthsUnited States Retail Sales MoMUS retail trade rose by 0.8 percent from a month earlier in October 2018, following a revised 0.1 percent drop in September and beating market expectations of a 0.5 percent gain. This was the largest increase in retail trade since May mainly boosted by purchases of motor vehicles and building materials amid efforts to rebuild areas affected by Hurricane Florence, and fuel on the back of higher gasoline prices.2018-11-15T13:33:00"
US Jobless Claims Unexpectedly Rise to 216K,Initial Jobless Claims,"US Jobless Claims Unexpectedly Rise to 216KUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 2 thousand to 216 thousand in the week ending November 10 from the previous week's unrevised level of 214 thousand while markets had expected a drop to 212 thousand. However, the Veterans Day holiday was observed on Monday which could have influenced the data. Claims for North Carolina continued to be affected by Hurricane Florence while in Florida and Georgia they were impacted by Hurricane Michael. According to unadjusted data, the biggest rises in claims were seen in California (+3,735), New York (+3,682), New Jersey (+2,801) and Minnesota (+2,154) while the largest declines were registered in Michigan (-3,913), North Carolina (-1,670) and Texas (-1,246). New applications for US unemployment aid also went up in Georgia (+807) but they fell in Florida (-337).

2018-11-15T13:31:00"
US Stocks Close Lower on Wednesday,Stock Market,"US Stocks Close Lower on WednesdayUnited States Stock MarketWall Street closed moderately in the red on Wednesday 14 November 2018, as Apple (-2.8%) continued to struggle and fell into bear territory with the stock falling over 20% from its peak. Earlier in the day, stocks had pare most of their losses as the chances of a Brexit deal rose and as oil climbed for the first time in 13 sessions. The Dow Jones retreated 206 points or 0.8% to 25081. The S&P 500 fell 21 points or 0.8% to 2702. The Nasdaq lost 65 points or 0.9% to 7136.2018-11-14T21:13:01.597"
Stocks in United States Falling,stock market,Stocks in United States FallingUnited States stock marketDow Jones decreased by 1% to 250322018-11-14T18:43:39.16
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street opened in the green on Wednesday, amid a rebound in oil prices and after inflation figures came in line with forecasts. Tech shares and better-than-expected earnings reports from Macy's lifted investors' mood. The Dow Jones rose 0.6 %, the S&P 500 increased 0.8% and the Nasdaq traded 1% higher around 7 minutes after the opening bell.2018-11-14T14:41:00"
US Core Consumer Prices Rise 0.2% MoM in October,Core Inflation Rate MoM,"US Core Consumer Prices Rise 0.2% MoM in OctoberUnited States Core Inflation Rate MoMCore consumer prices in the United States, excluding volatile items such as food and energy, rose 0.2 percent month-over-month in October 2018, following a 0.1 percent increase in September and matching market expectations. It is the highest monthly core inflation rate since July. The shelter index went up 0.2 percent, and the indexes for used cars and trucks (2.6%), the indexes for medical care (0.2%), household furnishings and operations (0.3%), motor vehicle insurance (0.5%), and tobacco (1.3%) all rose. The indexes for communication (-0.4%), new vehicles (-0.2%), and recreation (-0.1%) all declined. Year-on-year, core inflation eased to 2.1 percent in October from 2.2 percent in September, hitting its lowest level since April and below estimates of 2.2 percent.



2018-11-14T13:33:00"
"US Inflation Rate Rises to 2.5%, Matches Forecasts",Inflation Rate,"US Inflation Rate Rises to 2.5%, Matches ForecastsUnited States Inflation RateAnnual inflation rate in the US increased to 2.5 percent in October of 2018 from 2.3 percent in September. Figures match market expectations, mainly due to prices of fuel oil and gasoline. On a monthly basis, consumer prices increased 0.3 percent, higher than 0.1 percent in September and matching forecasts. It is the highest monthly gain in nine months, mainly due to gasoline.2018-11-14T13:32:00"
US Mortgage Applications Fall for 3rd Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 3rd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States went down 3.2 percent in the week ended November 9th 2018, after a 4 percent drop in the previous week, data from the Mortgage Bankers Association showed. Refinance applications decreased 4.3 percent and applications to purchase a home fell 2.3 percent. The average fixed 30-year mortgage rate rose by 2bps to 5.17 percent, the highest rate since April of 2010.2018-11-14T12:16:10.37"
US Government Budget Deficit Widens in October,Government Budget Value,"US Government Budget Deficit Widens in OctoberUnited States Government Budget ValueThe US government budget deficit increased to USD 100 billion in October 2018 from USD 63 billion in the same month of the previous year, matching market expectations. Outlays increased 18.3 percent to USD 353 billion while receipts climbed at a softer 7.4 percent to USD 253 billion. October is the first month of the new 2018/2019 fiscal year. For the previous 2017/2018 fiscal year, the budget gap was USD 779 billion, the biggest budget deficit since 2012. 
2018-11-13T19:07:00"
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street opened in the green on Tuesday, attempting to recover from a sell-off in the previous session, amid news that the US Treasury Secretary Steven Mnuchin and the Chinese Vice Premier Liu He spoke on the phone on Friday about a trade deal. The Dow Jones was up 0.2%, the S&P 500 added 0.5% and the Nasdaq traded 1% higher around 10 minutes after the opening bell. 2018-11-13T14:47:26.803"
US Small Business Optimism Declines More than Expected,NFIB Business Optimism Index,"US Small Business Optimism Declines More than ExpectedUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US fell to 107.4 in October of 2018 from 107.9 in September, below market expectations of 108. Still, small business optimism continued its two-year streak of record highs as small businesses continue to support the three percent-plus growth of the economy and add significant numbers of new workers to the employment pool. Owners believe the current period is a good time to expand substantially, are planning to invest in more inventory, and are reporting high sales figures.2018-11-13T11:04:54.85"
US Stocks Plunge on Monday,Stock Market,"US Stocks Plunge on MondayUnited States Stock MarketWall Street sold off on Monday 12 November 2018 dragged by negative global growth sentiment and Apple shares (-5%) after Lumentum Holdings, a laser sensor maker which is Apple’s supplier cut its earnings and revenue outlook. The Dow Jones plunged 602 points or 2.3% to 25387. The S&P 500 plummeted 55 points or 2.0% to 2726. The Nasdaq retreated 206 points or 2.8% to 7201. 2018-11-12T21:14:19.867"
Stocks in United States Falling,stock market,Stocks in United States FallingUnited States stock marketDow Jones decreased by 2% to 254682018-11-12T20:06:05.737
US Stocks Open Lower,Stock Market,"US Stocks Open LowerUnited States Stock MarketWall Street opened in the red on Monday amid a stronger dollar and mainly dragged down by Apple shares after Lumentum Holdings, a laser sensor maker which is Apple’s supplier cut its earnings and revenue outlook. The Dow Jones was down 0.4%, the S&P 500 lost 0.5% and the Nasdaq traded 1.1% lower around 6 minutes after the opening bell.2018-11-12T14:43:26.933"
Dollar Hits 17-Month High,Currency,"Dollar Hits 17-Month HighUnited States CurrencyThe dollar was trading at a near 17-month high in early trading on Monday against a basket of major currencies, as global growth worry and risks surrounding Brexit negotiations and Italy spending plans helped to push the dollar index 0.7% higher to 97.4. The prospect of gradual rate hikes from the Fed also supported.2018-11-12T10:01:00"
US Stocks Close Lower on Friday,Stock Market,"US Stocks Close Lower on FridayUnited States Stock MarketWall Street pared some of the deep early session losses but still closed deep into the red on Friday 9 November 2018, as concerns about slowing global economic growth and rising interest rates weighed on investor sentiment. The Dow Jones retreated 202 points or 0.8% to 25989. The S&P 500 plunged 26 points or 0.9% to 2781. The Nasdaq plummeted 124 points or 1.7% to 7405. 2018-11-09T21:08:20.04"
Stocks in United States Drop,stock market,Stocks in United States DropUnited States stock marketDow Jones decreased by 1% to 259282018-11-09T18:17:44.053
US Wholesale Inventories Revised Higher in September,Wholesale Inventories,"US Wholesale Inventories Revised Higher in SeptemberUnited States Wholesale InventoriesWholesale inventories in the United States rose 0.4 percent month-over-month to $644.6 billion  in September 2018, compared to an advance estimate of 0.3 percent and following a 0.9 percent growth in August. Stocks of durable goods advanced at a softer pace (0.8 percent vs 1 percent in August) while those non-durable fell 0.4 percent, after increasing 0.8 percent in the previous month. Year-on-year, wholesale stocks went up 5.2 percent.2018-11-09T15:08:03.48"
US Consumer Sentiment Falls Less than Expected,Consumer Confidence,"US Consumer Sentiment Falls Less than ExpectedUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US fell to 98.3 in November of 2018 from 98.6 in October but slightly higher than market expectations of 98. It is the lowest reading in three months, mainly due to a fall in consumer expectations, preliminary estimates showed. Data was collected until Wednesday night so there was only a one-day overlap after the mid-term election results were known by consumers.2018-11-09T15:05:00"
US Stocks Fall,Stock Market,"US Stocks FallUnited States Stock MarketWall Street opened in the red on Friday, amid a fall in oil prices and after producer prices for the US came higher than forecasts, increasing expectations the Fed will continue to tighten. The Dow Jones was down 0.5%, the S&P 500 fell 0.7% and the Nasdaq traded 1.2% lower around 11 minutes after the opening bell.2018-11-09T14:53:21.713"
US Producer Prices Post Biggest Gain in 6 Years,Producer Price Inflation MoM,"US Producer Prices Post Biggest Gain in 6 YearsUnited States Producer Price Inflation MoMProducer prices for final demand in the US rose by 0.6 percent in October 2018, following a 0.2 percent advance in September and easily beating market expectations of 0.2 percent. It was the biggest monthly gain in producer prices since September 2012 mainly boosted by a jump in costs for energy (2.7 percent vs -0.8 percent in September) and trade services (1.6 percent vs 0.1 percent). Prices also rose for foods (1 percent vs -0.6 percent) and transportation and warehousing services (0.6 percent vs 1.8 percent). The core index, which excludes food and energy, went up 0.5 percent in October after gaining 0.2 percent in September and also above forecasts of 0.2 percent. On a yearly basis, producer prices climbed 2.9 percent and the core index increased 2.6 percent.2018-11-09T13:32:00"
"Fed Holds Rates as Expected, Signals December Hike",Interest Rate,"Fed Holds Rates as Expected, Signals December HikeUnited States Interest RateThe Federal Reserve kept the target range for the federal funds rate at 2 percent to 2.25 percent during its November 2018 meeting, saying that the labor market has continued to strengthen and that economic activity has been rising at a strong rate while inflation remains near its 2 percent target. The Fed also reaffirmed its plans to continue raising rates gradually, suggesting a rate hike at its next meeting in December is likely.2018-11-08T19:02:00"
US Jobless Claims Drop to 214K in Latest Week,Initial Jobless Claims,"US Jobless Claims Drop to 214K in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits dropped by 1 thousand to 214 thousand in the week ending November 3 from the previous week's upwardly revised level of 215 thousand, matching market expectations. Claims for North Carolina continued to be affected by Hurricane Florence while in Florida and Georgia they were impacted by Hurricane Michael. According to unadjusted data, the biggest decreases were reported in Illinois (-3,126), Missouri (-3,030) and Florida (-1,496) while the largest rises were seen in Michigan (+4,468), California (+3,381), Pennsylvania (+2,740) and Ohio (+1,826). New applications for US unemployment aid also fell in Georgia (-617) but they increased in North Carolina (+940).2018-11-08T13:31:00"
US Stocks Surge on Midterm Election Outcome,Stock Market,"US Stocks Surge on Midterm Election OutcomeUnited States Stock MarketWall Street closed deeply in the green on Wednesday 7 November 2018  after US midterm elections resulted in a divided Congress as widely expected, with Republicans consolidating their hold on the Senate and Democrats taking the House of Representatives. The Dow Jones soared 545 points or 2.1% to 26180. The S&P 500 jumped 58 points or 2.1% to 2814. The Nasdaq surged 195 points or 2.6% to 7571. It was the best midterm election rally since 1982. 2018-11-07T21:21:40.137"
Stocks in United States Rally,stock market,Stocks in United States RallyUnited States stock marketDow Jones increased by 2% to 261452018-11-07T20:25:50.38
US Consumer Credit Climbs Below Expectations,Consumer Credit,"US Consumer Credit Climbs Below ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 10.92 billion in September 2018, following an upwardly revised USD 22.88 billion gain in the previous month and below market expectations of a USD 16.5 billion rise. Revolving credit including credit card borrowing edged down USD 0.3 billion, compared to USD 4.6 billion decline in August. Meantime, non-revolving credit including loans for education and automobiles climbed by USD 11.20 billion, after rising USD 18.3 billion in the prior month.2018-11-07T20:05:57.9"
US Crude Oil Inventories Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 5.783 million barrels in the week ended November 2nd 2018, following a 3.217 million increase in the previous week and above market expectations of a 2.433 million gain. Meanwhile, gasoline inventories went up by 1.852 million barrels compared to market forecasts of a 2.276 million decline.2018-11-07T15:39:54.98"
US Stocks Rise after Elections,Stock Market,"US Stocks Rise after ElectionsUnited States Stock MarketWall Street opened in the green on Wednesday after results from the midterm elections came in line with expectations, with Democrats gaining control of the House and Republicans increasing Senate majority. The Dow Jones was up 0.9%, the S&P 500 rose 1.1% and the Nasdaq traded 1.2% higher around 12 minutes after the opening bell. 2018-11-07T14:45:00"
US Mortgage Applications Fall for 2nd Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States went down 4 percent in the week ended November 2nd 2018, after a 2.5 percent drop in the previous week, data from the Mortgage Bankers Association showed. Refinance applications decreased 2.5 percent and applications to purchase a home slumped 5 percent. The average fixed 30-year mortgage rate rose by 4bps to 5.15 percent, the highest rate since April of 2010.2018-11-07T12:03:43.107"
US 10-Year Yield Falls after Midterm Elections,Government Bond 10Y,"US 10-Year Yield Falls after Midterm ElectionsUnited States Government Bond 10YThe yield on the US 10-year Treasury note fell to 3.178% on Wednesday from a high of 3.25% overnight after the US midterm elections resulted in a split Congress with Democrats winning the House and Republicans keeping the Senate, making it more difficult to pass further economic measures such as tax cuts and infrastructure spending plans.2018-11-07T09:38:02.89"
Dollar Falls after Midterm Elections,Currency,"Dollar Falls after Midterm ElectionsUnited States CurrencyThe dollar index declined on Wednesday as outcome of the US midterm elections, with Democrats gaining control of the House and Republicans increasing Senate majority, lowered expectations of further economic stimulus such as tax cuts. The DXY was down 0.5% to 95.83 around 9:15 AM London time, the lowest in near 3 weeks.2018-11-07T09:16:00"
US Stocks Edge Higher on Election Day,Stock Market,"US Stocks Edge Higher on Election DayUnited States Stock MarketWall Street closed moderately in the green on Tuesday 6 November 2018, as investors in the US await midterm election results late today which could swing the Lower House control from Republicans to Democrats, according to most polls. The Dow Jones gained 173 points or 0.7% to 25635. The S&P 500 advanced 17 points 0.6% to 2756. The Nasdaq added 47 points or 0.6% to 7376.2018-11-06T21:08:35.977"
US Job Openings Fall from Record High,Job Offers,"US Job Openings Fall from Record HighUnited States Job OffersThe number of job openings dropped by 284,000 to 7.009 million in September 2018 from August's all-time high of 7.293 million and slightly below market expectations of 7.1 million. The job opening level declined by 188,000 for total private and by 96,000 in government. By industry, the largest decreases in job opening were recorded in professional and business services (-118,000), finance and insurance (-82,000), and state and local government, excluding education (-67,000); while openings in health care and social assistance increased by 71,000. Job openings decreased in the South region.2018-11-06T15:06:15.04"
US Economic Optimism Index Edges Down in November,Economic Optimism Index,"US Economic Optimism Index Edges Down in NovemberUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index decreased to 56.4 in November 2018 from 57.8 in October, missing market expectations of 59.2. The Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, fell 4.4 points to 62.3 and the Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, edged down by 0.1 points to 53.2. Conversely, the Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, went up 0.3 points to 53.7. 2018-11-06T15:05:00"
US Stocks Rise Slightly on Midterm Elections Day,Stock Market,"US Stocks Rise Slightly on Midterm Elections DayUnited States Stock MarketWall Street traded higher at the open on Tuesday as investors await the results from the US midterm elections. Democrats are expected to take the House from Republicans while Republicans are seen keeping the Senate. The Dow Jones was up 0.3%, the S&P 500 rose 0.4% and the Nasdaq traded 0.8% higher around 13 minutes after the opening bell.2018-11-06T14:49:56.787"
US Stocks Close Mixed on Monday,Stock Market,"US Stocks Close Mixed on MondayUnited States Stock MarketWall Street closed mixed on Monday 5 November 2018 ahead of US midterm elections on Tuesday, and as Berkshire Hathaway stocks rallied (+4.7%) after a SEC filing showed that the company bought nearly USD 1 billion of its own shares in an aggressive buyback program that raised investors’ confidence on current market conditions. The Dow Jones gained 191 points or 0.8% to 25462. The S&P 500 advanced 15 points or 0.6% to 2738. In contrast, the Nasdaq retreated 28 points or 0.4% to 7329, dragged by Apple (-2.8%). 2018-11-05T21:05:18.483"
The Dow Jones Index rising 0.63%,Stock Market,"The Dow Jones Index rising 0.63%United States Stock MarketUnited States Stock Market is gaining 160 points. Leading the gains are IBM (3.81%), Chevron (3.52%) and McDonalds (1.97%). Top losers are Apple (-2.10%), Goldman Sachs (-0.25%) and Exxon Mobil (-0.24%).2018-11-05T20:30:02.553"
US Stocks Trade Mixed Ahead of Midterm Elections,Stock Market,"US Stocks Trade Mixed Ahead of Midterm ElectionsUnited States Stock MarketWall Street traded mixed on Monday, ahead of the US midterm elections. Financials were on the rise, boosted by better-than-expected earnings for Berkshire Hathaway while tech shares fell, mainly dragged down by Apple. The Dow Jones was up 0.6% and the S&P 500 added 0.3% while the Nasdaq traded 0.9% lower around 12:05 PM NY time.2018-11-05T17:11:00"
US Services Slow Less than Expected: ISM,Non Manufacturing PMI,"US Services Slow Less than Expected: ISM United States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 60.3 in October of 2018 from 61.6 in September, beating market expectations of 59.3. Production, new orders and employment slowed although general growth in the services sector remained strong. There are continued concerns about capacity, logistics and tariffs although the respondents are positive about current business conditions. 2018-11-05T15:04:00"
US Services Growth Rebounds in October: Markit,Services PMI,"US Services Growth Rebounds in October: MarkitUnited States Services PMIThe IHS Markit US Services PMI came in at 54.8 in October 2018, almost unchanged from a preliminary reading of 54.7 and above the previous month's eight-month low of 53.5. Output growth regained momentum after September’s weather-related weakness driven by a sharp expansion in new business amid more favorable demand conditions and new product launches. Meanwhile, the pace of job creation eased to a nine-month low mainly due to difficulties finding suitable candidates. Therefore, capacity pressures remained, with backlogs rising further. On the price front, input cost inflation quickened to the fastest since September 2013 and the rate of charge inflation was the second-highest in the nine-year series history. The level of optimism improved to a five-month high in October.2018-11-05T14:52:00"
US Composite PMI Revised Higher in October: Markit,Composite Pmi,US Composite PMI Revised Higher in October: MarkitUnited States Composite PmiThe IHS Markit Composite PMI for the US was revised slightly higher to 54.9 in October of 2018 from a preliminary reading of 54.8 and higher than 53.9 in September. The reading pointed to the strongest growth in the US private sector activity in three months as both services (54.8 from 53.5) and manufacturing (55.7 from 55.6) rose faster. 2018-11-05T14:51:41.873
US Stocks Close Lower on Friday,Stock Market,"US Stocks Close Lower on FridayUnited States Stock MarketWall Street closed moderately in the red on Friday 2 November 2018 to end a three-day rally, as Apple fell 6.6% after disappointing earnings. Some of the early-session losses were pared  after President Donald Trump declared that the US and China are much closer to striking a deal on trade. The Dow Jones retreated 110 points or 0.4% to 25271. The S&P 500 declined 17 points or 0.6% to 2723. The Nasdaq plunged 77 points or 1.0% to 7357.2018-11-02T20:12:54.84"
Stocks in United States Drop,stock market,Stocks in United States DropUnited States stock marketDow Jones decreased by 1% to 251252018-11-02T16:54:24.227
US Stocks Turn Lower,Stock Market,"US Stocks Turn LowerUnited States Stock MarketWall Street traded lower on Friday, reversing from earlier gains, mainly dragged down by Apple shares after the company reported that iPhone shipments missed forecasts. Losses come despite the jobs report showed the US economy added a better-than-expected 250K jobs in October. The Dow Jones was down 0.5%, the S&P fell 0.8% and the Nasdaq traded 1.1% lower around 12:25 PM NY time.2018-11-02T16:28:56.633"
ISM New York Index Down for 2nd Month,Ism New York Index,"ISM New York Index Down for 2nd MonthUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States fell to 69.8 in October of 2018 from 72.5 in September. Slowdowns were seen in quantity of purchases (70.6 from 79.4) and current revenues (72.2 from 78.1). On the other hand, both employment (82.1 from 73.8) and expected revenues (80.6 from 78.1) rose faster. Also, price pressures eased (67.6 from 75). The Six-Month Outlook worsened to 70.9 from 81.5.2018-11-02T14:16:41.553"
US Factory Orders Rise More than Expected,Factory Orders,"US Factory Orders Rise More than ExpectedUnited States Factory OrdersNew orders for manufactured goods made in the US rose 0.7 percent from a month earlier in September 2018, following an upwardly revised 2.6 percent growth in the previous month and beating market expectations of a 0.5 percent gain. Orders for transport equipment led the increase (1.9 percent vs 13.3 percent in August) due to vehicles & parts (0.5 percent) and defense aircraft & parts (118.7 percent). Demand also rose for machinery (0.3 percent vs 0.2 percent) and primary metals (0.5 percent vs 1.5 percent), while there were declines in orders for fabricated metal products (-0.9 percent vs 0.5 percent) and electrical equipment, appliances & components (-0.3 percent vs 0.6 percent).2018-11-02T14:10:00"
US Stocks Trade Mixed,Stock Market,"US Stocks Trade MixedUnited States Stock MarketWall Street opened mixed on Friday after the jobs report showed the US economy added a better-than-expected 250K jobs in October while Apple shares fell after the company reported that iPhone shipments missed forecasts. The Dow Jones was up 0.6%, the S&P 500 increased 0.4% and the Nasdaq traded nearly flat around 9 minutes after the opening bell. 2018-11-02T13:43:39.493"
US Wages Increase 0.2% MoM in October,Average Hourly Earnings,"US Wages Increase 0.2% MoM in OctoberUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 5 cents or 0.2 percent month-over-month to $27.30 in October of 2018, following a 0.3 percent rise in the previous month and matching market expectations. Over the year, average hourly earnings have increased by 85 cents, or 3.1 percent, the most since 2009 and higher than a 2.8 percent rise in September. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to $22.89 in October.2018-11-02T12:42:00"
US Imports Hit Record High,Imports,"US Imports Hit Record HighUnited States ImportsImports of goods and services to the US increased USD 3.8 billion from a month earlier to an all-time high of USD 266.6 billion in September. Goods imports rose USD 3.5 billion to USD 219.1 billion, mainly due to purchases of capital goods (up USD 2.4 billion), such as telecommunications equipment, civilian aircraft engines, computer accessories and computers. In addition, imports of consumer goods advanced USD 2.0 billion, driven by purchases of other textile apparel & household goods; toys, games, & sporting goods; and cell phones & other household goods. By contrast, imports of trucks, buses, and special purpose vehicles fell USD 0.6 billion. Imports of services, such as transport, increased USD 0.4 billion to USD 47.5 billion. On a non-seasonally adjusted basis, imports from China rose 4.5 percent, while a decline was seen in imports from Japan (-16 percent), the EU (-8.5 percent), Mexico (-6.3 percent) and Canada (-5.8 percent).2018-11-02T12:41:00"
US Exports Rise 1.5% in September,Exports,"US Exports Rise 1.5% in SeptemberUnited States ExportsExports of goods and services from the US rose USD 3.1 billion from the previous month to USD 212.6 billion in September. Goods exports increased USD 2.9 billion to USD 141.9 billion, mainly driven by sales of industrial supplies and materials (up USD 2.8 billion), such as other petroleum products and nonmonetary gold. Also, sales of civilian aircraft advanced USD 1.2 billion, while those of soybeans dropped USD 0.7 billion. Exports of services, in particular transport, increased USD 0.3 billion to USD 70.7 billion in September. On a non-seasonally adjusted basis, exports rose to the EU (6.0 percent), China (5.3 percent) and Japan (1.6 percent) but fell to Mexico (-4.3 percent) and Canada (-3.3 percent).2018-11-02T12:38:00"
US Payrolls Rise More Than Expected,Non Farm Payrolls,"US Payrolls Rise More Than ExpectedUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 250 thousand in October of 2018, following an downwardly revised 118 thousand in September and well above market expectations of 190 thousand.  Job gains occurred in health care, in manufacturing, in construction, and in transportation and warehousing.
2018-11-02T12:33:00"
US Jobless Rate Holds Steady at 49-Year Low,Unemployment Rate,"US Jobless Rate Holds Steady at 49-Year LowUnited States Unemployment RateThe US unemployment rate was unchanged at 3.7 percent in October 2018, unchanged from the previous month's 49-year low and in line with market expectations. The number of unemployed increased by 111 thousand to 6.08 million and employment rose by 600 thousand to 156.56 million. 2018-11-02T12:31:57.66"
US Trade Deficit Highest in 7 Months,Balance of Trade,US Trade Deficit Highest in 7 MonthsUnited States Balance of TradeThe US trade deficit widened to USD 54.0 billion in September 2018 from an upwardly revised USD 53.3 billion in the previous month and compared with market expectations of a USD 53.6 billion gap. It is the highest deficit in 7 months as imports rose 1.5 percent to a record high of USD 266.6 billion. Exports also increased 1.5 percent to USD 212.6 billion. The trade gap with China set a new record despite US tariffs. 2018-11-02T12:30:00
Exxon Mobil earnings at 1.46 USD,Earnings,Exxon Mobil earnings at 1.46 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 1.46 USD.2018-11-02T12:02:38.873
Apple earnings at 2.91 USD,Earnings,Apple earnings at 2.91 USDUnited States EarningsApple (AAPL) released earnings per share at 2.91 USD.2018-11-01T21:01:58.57
US Stocks Rally for Third Straight Session,Stock Market,"US Stocks Rally for Third Straight SessionUnited States Stock MarketWall Street closed sharply in the green for the third straight day on Thursday 1 November 2018, as tech stocks continued to rally on better rebound and following a sharp sell-off during in October that nudged the S&P 500 to its worst month since 2011. Also, Starbucks shares surged as earnings beat consensus on high revenues on increasing coffee drrinkings spending. The Dow Jones surged 265 points or 1.1% to 25381. The S&P 500 soared 29 points or 1.1% to 2740. The Nasdaq jumped 128 points or 1.8% to 7434.2018-11-01T20:28:44.397"
Stocks in United States Rally,stock market,Stocks in United States RallyUnited States stock marketDow Jones increased by 1% to 253652018-11-01T19:43:26.6
US Factory Growth Lowest in 6 Months: ISM,Business Confidence,"US Factory Growth Lowest in 6 Months: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US fell to 57.7 in October of 2018 from 59.8 in September and below market expectations of 59. The reading pointed to the slowest growth in factory activity in six months after reaching the highest since 2004 in August. New orders, production and employment eased and price pressures continued.2018-11-01T14:09:55.703"
US Construction Spending Unchanged in September,Construction Spending,"US Construction Spending Unchanged in SeptemberUnited States Construction SpendingUS construction spending was unchanged from a month earlier to a seasonally adjusted annual rate of USD 1.33 trillion in September 2018, following an upwardly revised 0.8 percent gain in August and market expectations of a 0.1 percent rise. Spending on private construction rose 0.3 percent to a record high, following a 0.4 percent gain in the previous month, mainly boosted by residential (0.6 percent) and non-residential projects (0.1 percent). Meantime, spending on public construction fell 0.9 percent, the largest decrease since August last year, after rising 2.2 percent in August.2018-11-01T14:04:00"
US Manufacturing PMI Revised Down: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Down: Markit United States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised down to 55.7 in October of 2018 from a preliminary of 55.9, but slightly higher than 55.6 in September. Figures still pointed to the strongest increase in factory activity in five months, mainly boosted by a sharp rise in new business which was the strongest in five months. 2018-11-01T13:52:02.277"
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street opened in the green on Thursday, attempting to gain for the third straight session, boosted by better-than-forecast earnings report from DowDuPont and Cigna. Apple is due to report earnings after the closing bell. The Dow Jones was up 0.6%, the S&P 500 rose 0.5% and the Nasdaq traded 0.6% higher around 9 minutes after the open. 2018-11-01T13:43:50.183"
US Labour Costs Rise More than Anticipated,Labour Costs,"US Labour Costs Rise More than AnticipatedUnited States Labour CostsUnit labor costs in the US nonfarm business sector increased an annualized 1.2 percent in the third quarter of 2018, rebounding from a 1 percent drop in the previous period, which was the largest fall since the third quarter of 2014. It mainly reflects a 3.5 percent rise in hourly compensation and a 2.2 percent gain in labor productivity. It compares with market expectations of a smaller 1 percent increase, preliminary estimates showed. Year-on-year, unit labor costs increased 1.5 percent.2018-11-01T12:39:00"
US Nonfarm Labour Productivity Slows in Q3,Productivity,"US Nonfarm Labour Productivity Slows in Q3United States ProductivityLabor productivity in the US non-farm business sector rose an annualized 2.2 percent during the third quarter of 2018, following an upwardly revised 3 percent increase in the previous period which was the highest gain since the first quarter of 2015. Figures came in line with market expectations, preliminary estimates showed. Output went up 4.1 percent and hours worked rose 1.8 percent. Year-on-year, productivity increased 1.3 percent, reflecting a 3.7 percent gain in output and a 2.4 percent rise in hours worked.2018-11-01T12:36:00"
US Jobless Claims Fall Less than Expected,Initial Jobless Claims,"US Jobless Claims Fall Less than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 2 thousand to 214 thousand in the week ending October 27 from the previous week’s upwardly revised 216 thousand and compared with market expectations of 213 thousand. Claims for North Carolina continued to be affected by Hurricane Florence, while for Florida and Georgia were impacted by Hurricane Michael. According to unadjusted data, the biggest declines were registered in Georgia (-2,620), Florida (-1,944), California (-1,177), Alabama (-1,062) and North Carolina (-829). New applications for US unemployment aid also fell in South Carolina (-305). Meanwhile, largest increases were seen in Illinois (+5,372), Missouri (+2,687), Michigan (+1,075), Ohio (+481) and Massachusetts (+421).2018-11-01T12:32:00"
US Companies Cut the Most Jobs in Over 3 Years,Challenger Job Cuts,"US Companies Cut the Most Jobs in Over 3 YearsUnited States Challenger Job CutsJob cuts announced by US-based employers jumped 36.8 percent month-over-month and 153.6 percent year-on-year to 75,644 in October of 2018. It is the highest reading since July of 2015. Over half (58.2 percent) of October job cuts come from Verizon’s announcement that it will offer voluntary severance packages to 44,000 managers in an effort to save $10 billion. So far this year, 441,702 job cuts were announced, above 351,309 in the same period of 2017. Retail continues to lead all sectors in job cut announcements with 92,375, 7,350 of which occurred in October. Much of these cuts were tied to Sears’s bankruptcy and announcement of 142 additional store closures. With Verizon’s announcement, Telecommunications follows Retail in the highest number of job cuts this year, with 59,518. The Financial sector comes in third with 41,036 job cut plans, 2,101 in October.2018-11-01T11:38:42.607"
US Stocks Extend Rebound Rally,Stock Market,"US Stocks Extend Rebound RallyUnited States Stock MarketWall Street closed sharply in the green on Wednesday 31 October 2019 to notch the best two-day rally since 2016, as stocks recovered some of the deep losses for a brutal October across global markets. The Dow Jones jumped 241 points or 1.0% to 25116. The S&P 500 climbed 29 points or 1.1% to 2712. The Nasdaq soared 144 points or 2.0% to 7306.2018-10-31T20:10:00"
US Crude Oil Inventories Rise Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Less than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 3.217 million barrels in the week ended October 26th 2018, following a 6.346 million increase in the previous week and below market expectations of a 4.11 million gain. Meanwhile, gasoline inventories decreased by 3.161 million barrels while markets expected a 2.137 million decline.2018-10-31T14:37:00"
US Chicago PMI Lowest in 6 Months,Chicago Pmi,"US Chicago PMI Lowest in 6 MonthsUnited States Chicago PmiThe Chicago Business Barometer for the US declined further to 58.4 in October of 2018 from 60.4 in September and below market expectations of 60. It is the lowest reading in six months as a decline in order book growth and unfinished orders more than offset a rise in output, delivery times and employment.2018-10-31T14:08:18.597"
US Stocks Continue to Rise,stock market,"US Stocks Continue to RiseUnited States stock marketWall Street opened in the green on Wednesday, extending gains from the previous session, as Facebook and GM earnings topped forecasts and the US private private sector added more jobs than anticipated. The Dow Jones was up 0.9%, the S&P 500 increased 1% and the Nasdaq traded 1.7% higher around 5 minutes after the opening bell. 2018-10-31T13:32:00"
US Employment Cost Rises More than Expected in Q3,Employment Cost Index,"US Employment Cost Rises More than Expected in Q3United States Employment Cost IndexCompensation costs for civilian workers increased 0.8 percent in the third quarter of 2018, following a 0.6 percent rise in the previous period and slightly above market expectations of 0.7 percent. Wages and salaries, which make up about 70 percent of compensation costs, went up 0.9 percent (vs 0.5 percent in Q2) and benefits, which make up the remaining 30 percent of compensation, rose 0.4 percent (vs 0.9 percent in Q2). Year-on-year, compensation costs for civilian workers increased 2.8 percent in the three months to September, matching the previous period's pace and the biggest annual gain since the third quarter of 2008.2018-10-31T12:33:00"
US Private Sector Adds More Jobs than Expected: ADP,ADP Employment Change,"US Private Sector Adds More Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 227 thousand workers in October of 2018, compared with a downwardly revised 218 thousand in September and beating market expectations of 189 thousand. It is the highest reading in eight months. The service-providing sector added 189 thousand jobs, boosted by trade, transportation and utilities (61 thousand); leisure and hospitality (40 thousand); professional and business (36 thousand); education and health (31 thousand); other services (13 thousand); information (4 thousand) and financial activities (4 thousand). The goods-producing sector added 38 thousand jobs supported by construction (17 thousand); manufacturing (17 thousand); and natural resources and mining (4 thousand). Large companies were the ones hiring the most workers (102 thousand), followed by midsized (96 thousand) and small (29 thousand).2018-10-31T12:21:00"
US Mortgage Applications Fall: MBA,Mortgage Applications,"US Mortgage Applications Fall: MBAUnited States Mortgage ApplicationsMortgage applications in the United States went down 2.5 percent in the week ended October 26th 2018, after a 4.9 percent rise in the previous week, data from the Mortgage Bankers Association showed. Refinance applications decreased 3.8 percent and applications to purchase a home went down 1.5 percent. The average fixed 30-year mortgage rate was unchanged at 5.11 percent, remaining at the highest rate since February of 2011.2018-10-31T11:04:18.377"
US Stocks Rebound Sharply on Tuesday,Stock Market,"US Stocks Rebound Sharply on TuesdayUnited States Stock MarketWall Street rebounded sharply on Tuesday 30 October 2018, as stocks pared some of the deep losses for October led by Goldman Sachs, McDonald’s and Boeing. The Dow Jones soared 432 points or 1.8% to 24875. The S&P 500 climbed 41 points or 1.6% to 2683. The Nasdaq jumped 111 points or 1.6% to 7162.2018-10-30T20:17:26.283"
Facebook earnings at 1.76 USD,Earnings,Facebook earnings at 1.76 USDUnited States EarningsFacebook (FB) released earnings per share at 1.76 USD.2018-10-30T20:12:32.63
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street traded in the green on early trading Tuesday, attempting to recover from losses in the previous sessions. The Dow Jones rose 1%, the S&P 500 added 1% and the Nasdaq traded 0.9% higher around 30 minutes after the opening bell.2018-10-30T14:04:07.977"
US House Prices Rise Less than Forecasts: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise Less than Forecasts: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-City Composite Home Price Index in the US rose 5.5 percent from a year earlier in August of 2018, following a 5.9 percent increase in July and missing market expectations of a 5.8 percent advance. Las Vegas (13.9 percent), San Francisco (10.6 percent) and Seattle (9.6 percent) reported the highest year-over-year gains among the 20 cities. Meanwhile, the national index, covering all nine US census divisions rose 5.8 percent in August, down from 6 percent in the previous month.2018-10-30T13:06:00.44"
US Stocks Plunge on Monday on Trade Policy Uncertainty,Stock Market,"US Stocks Plunge on Monday on Trade Policy UncertaintyUnited States Stock MarketWall Street closed deeply in the red on Monday 29 October 2018, extending October’s rout following news that the US is preparing to announce tariffs on all remaining Chinese imports if the meeting between presidents Donald Trump and Xi Jinping fails to ease trade policy uncertainty. China announced on the same day a 50% cut in car purchase taxes. The Dow Jones plunged 245 points or 1% to 24443. The S&P 500 retreated 17 points or 0.7% to 2641. The Nasdaq plummeted 117 points or 1.6% to 7050. 2018-10-29T20:01:00"
Texas Manufacturing Continues to Expand at Solid Pace,Dallas Fed Manufacturing Index,"Texas Manufacturing Continues to Expand at Solid PaceUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to 29.4 in October 2018 from 28.1 in the previous month. The employment index went up 6.2 points to 23.9, and the new orders index increased 4.2 points to 18.9. In addition, the company outlook index climbed 6.8 points to 25.0 as fewer than 3 percent of firms noted that their outlook worsened, the lowest share since 2004. Still, other indexes of manufacturing activity fell: production (-5.7 points to 17.6); capacity utilization (-6.2 points to 15.4); and shipments (-4.2 points to 16.6).2018-10-29T14:41:00"
US Stocks Start the Week on a Positive Note,Stock Market,"US Stocks Start the Week on a Positive NoteUnited States Stock MarketWall Street traded higher on Monday, attempting to recover from sharp losses in the previous week. News that IBM will buy Red Hat for around $34 billion also lift investors' mood. The Dow was up near 0.9%, the S&P 500 increased 1.3% and the Nasdaq added 1.3% around 5 minutes after the opening bell. 2018-10-29T13:44:56.74"
US PCE Prices Rise 0.1% MoM in September,PCE Price Index Monthly Change,"US PCE Prices Rise 0.1% MoM in SeptemberUnited States PCE Price Index Monthly ChangeThe personal consumption expenditure (PCE) price index in the United States increased 0.1 percent month-over-month in September of 2018, the same pace as in the previous three months and matching market expectations. Prices of services edged up 0.2 percent, the same pace as in August, July and June. Cost of goods went down 0.1 percent, the same pace as in August: cost of durable goods fell (-0.4 percent compared to -0.3 percent) while prices of nondurables went up 0.1 percent, the same pace as in August. Excluding food and energy, PCE prices were up 0.2 percent, after being flat in August and slightly above market expectations of a 0.1 percent gain. Year-on-year,  the PCE price index advanced 2.0 percent, after a 2.2 percent gain in the prior month, and the core index rose 2.0 percent, the same pace as in August.






2018-10-29T12:36:00"
US Personal Spending Matches Forecasts,Personal Spending,"US Personal Spending Matches ForecastsUnited States Personal SpendingPersonal spending in the United States rose 0.4 percent from a month earlier in September of 2018, following an upwardly revised 0.5 percent rise in August. Figures matched market expectations, mainly boosted by spending in motor vehicles and health care.2018-10-29T12:33:00"
US Personal Income Rises the Least in Over a Year,Personal Income,"US Personal Income Rises the Least in Over a YearUnited States Personal IncomeUS personal income increased by 0.2 percent from a month earlier in September 2018, easing from an upwardly revised 0.4 percent growth in August and missing market expectations of 0.3 percent. It was the smallest gain in personal income since June 2017, as increases in wages and salaries, government social benefits to persons, and rental income of persons were partially offset by a decline in proprietors’ income.2018-10-29T12:32:00"
US Stocks Decline Sharply as October Rout Extends,Stock Market,"US Stocks Decline Sharply as October Rout ExtendsUnited States Stock MarketWall Street closed sharply lower on Friday 26 October 2018, as the the global October rout triggered by rising yields, trade policy uncertainty, and lackluster earnings continued. The Dow Jones plunged 296 points or 1.2% to 24688. The S&P 500 dropped 47 points or 1.7% to 2659. The Nasdaq retreated 151 points or 2.1% to 7167. 2018-10-26T20:14:34.9"
US Consumer Sentiment Revised Lower,Consumer Confidence,US Consumer Sentiment Revised LowerUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US fell to 98.6 in October of 2018 from a preliminary estimate of 99 and 100.1 in September. The decline was due to less favorable current economic conditions and higher inflationary pressures. 2018-10-26T14:08:15.227
US Stocks Fall,Stock Market,"US Stocks FallUnited States Stock MarketWall Street opened in the red on Friday, despite preliminary GDP growth figures showed the US economy advanced a faster-than-anticipated 3.5% in Q3. Losses come after revenues for Amazon and Alphabet disappointed. The Dow Jones was down 0.9%, the S&P 500 fell 1.4% and the Nasdaq traded 2.3% lower around 6 minutes after the opening bell.2018-10-26T13:44:15.633"
US GDP Growth Beats Forecasts in Q3,GDP Growth Rate,"US GDP Growth Beats Forecasts in Q3United States GDP Growth RateThe US economy advanced an annualized 3.5 percent on quarter in the third quarter of 2018, beating market expectations of 3.3 percent, the advance estimate showed. It follows a 4.2 percent growth in the previous period which was the highest since the third quarter of 2014. The increase in real GDP reflected positive contributions from personal consumption expenditures (PCE), private inventory investment, state and local government spending, federal government spending, and nonresidential fixed investment that were partly offset by negative contributions from exports and residential fixed investment. 2018-10-26T12:32:20.883"
US Stocks Rebound Sharply on Thursday,Stock Market,"US Stocks Rebound Sharply on ThursdayUnited States Stock MarketWall Street rebounded sharply on Thursday 25 October 2018 from a big sell-off in the previous session amid rising global growth concerns, geopolitical tensions and disappointing earnings results. Tech stocks surged 9.1% as an unexpected profit for Q3 relieved recent concerns with the company and CEO Elon Musk. The Dow Jones jumped 401 points or 1.6% to 24985. The S&P 500 surged 50 points or 1.9% to 2706. The Nasdaq soared 210 points or 3.0% to 7318. 2018-10-25T20:15:00"
US Pending Home Sales Continue to Fall,Pending Home Sales,"US Pending Home Sales Continue to FallUnited States Pending Home SalesContracts to buy previously owned homes in the United States shrank 1 percent year-on-year in September of 2018, following an upwardly revised 2.4 percent drop in August. It marks the ninth consecutive month of annual declines in pending home sales. Sales fell in the Northeast (-2.7 percent), Midwest (-1.1 percent) and the West (-7.4 percent) but rose in the South (3.3 percent). On a month-over-month basis, sales rose 0.5 percent, rebounding from an upwardly revised 1.9 percent fall in August and beating market expectations of a 0.1 percent decline.2018-10-25T14:09:24.987"
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street opened in the green on Thursday, attempting to recover from a plunge in the previous session. On Wednesday, US shares tumbled and major indexes finished in negative territory for the year amid rising global growth concerns, geopolitical tensions and disappointing earnings results. The Dow Jones was up 0.5%, the S&P 500 gained 0.6% and the Nasdaq traded 1.3% higher around 5 minutes after the opening bell.
2018-10-25T13:40:57.177"
Dollar Index Hits 9-week High,currency,Dollar Index Hits 9-week HighUnited States currencyUS Dollar increased to a 9-week high of 96.542018-10-25T13:38:47.963
US Durable Goods Orders Unexpectedly Increase,Durable Goods Orders,"US Durable Goods Orders Unexpectedly IncreaseUnited States Durable Goods OrdersNew orders for US manufactured durable goods unexpectedly rose 0.8 percent month-over-month in September of 2018, following an upwardly revised 4.6 percent rise in August and beating market expectations of a 1 percent drop. Transportation equipment drove the increase as orders for motor vehicles and parts went up 1.3 percent and orders for defense capital jumped 119.1 percent. Orders for non-defense capital goods excluding aircraft, seen as a proxy for business spending plans, edged down 0.1 percent after a 0.2 percent drop in August.2018-10-25T12:37:00"
US Wholesales Inventories Rise Less than Expected,Wholesale Inventories,"US Wholesales Inventories Rise Less than ExpectedUnited States Wholesale InventoriesWholesale inventories in the United States rose 0.3 percent month-over-month to USD 644.1 billion in September of 2018, following a downwardly revised 0.9 percent gain in August and below market expectations of a 0.5 percent increase, the advanced estimate showed. Stocks of durable goods advanced at a softer pace (0.8 percent compared to 0.9 percent in August) while those non-durable fell 0.4 percent, after increasing 0.9 percent in the previous month. Year-on-year, wholesale stocks went up 5.1 percent.2018-10-25T12:32:00"
US Jobless Claims Rise Slightly More than Expected,Initial Jobless Claims,"US Jobless Claims Rise Slightly More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 5 thousand to 215 thousand in the week ending October 20 from the previous week's unrevised level of 210 thousand. Figures came slightly above market expectations of 214 thousand. Claims for South and North Carolina continued to be affected by Hurricane Florence while in Florida and Georgia they were impacted by Hurricane Michael. According to unadjusted data, the biggest rises were reported in Florida (+3,744), Georgia (+3,440), New Jersey (+737) and New York (+721) while the largest declines were seen in North Carolina (-1,021), Tennessee (-991), Kansas (-500) and also South Carolina (-229).2018-10-25T12:31:00"
US Stocks Plunge as October Sell-Off Extends,Stock Market,"US Stocks Plunge as October Sell-Off ExtendsUnited States Stock MarketWall Street closed deep in the red on Wednesday 24 October 2018, as tech stocks tumbled on weak earnings, trade policy uncertainty and rising yields, and as US President Trump criticized Federal Reserve Chairman Powell and accused the Fed of being the biggest risk to the US economy. The Dow Jones tumbled 608 points or 2.4% to 24583. The S&P 500 plunged 85 points or 3.1% to 2656. The Nasdaq sank 329 points or 4.4% to 7108. 2018-10-24T20:23:00"
Microsoft earnings at 1.14 USD,Earnings,Microsoft earnings at 1.14 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 1.14 USD.2018-10-24T20:19:13.2
Stocks in United States Hit 15-week Low,Stock Market,Stocks in United States Hit 15-week LowUnited States Stock MarketDow Jones decreased to a 15-week low of 247682018-10-24T19:28:36.783
Dollar Index Hits 9-week High,currency,Dollar Index Hits 9-week HighUnited States currencyUS Dollar increased to a 9-week high of 96.482018-10-24T17:19:26.21
US Crude Oil Stocks Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 6.346 million barrels in the week ended October 19th 2018, following a 6.490 million increase in the previous week and compared with market expectations of a 3.694 million gain. Meanwhile, gasoline inventories decreased by 4.826 million barrels while markets expected a 1.878 million decline.2018-10-24T14:34:00"
US New Home Sales Lowest Since 2016,New Home Sales,"US New Home Sales Lowest Since 2016United States New Home SalesSales of new single-family houses in the United States dropped 5.5 percent from the previous month to a seasonally adjusted annual rate of 553 thousand in September of 2018, following a downwardly revised 3.0 percent decline in August. It is the lowest rate since December 2016, worse than market expectations of 625 thousand. Sales in the Northeast went down to its lowest level since April 2015. Also, sales decreased in the West and in the South. 2018-10-24T14:03:00"
US Private Sector Growth at 3-Month High: Markit,Composite Pmi,"US Private Sector Growth at 3-Month High: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI rose to 54.8 in October 2018 from 53.9 in September, preliminary figures showed. The reading pointed to the fastest expansion in private sector activity since July, as manufacturing activity growth picked up to 5-month high (PMI at 55.9 from 55.6 in September) and the services sector rose faster (PMI at 54.7 from 53.5).2018-10-24T13:56:00"
US Services Sector Gains Steam in October: Markit,Services PMI,"US Services Sector Gains Steam in October: MarkitUnited States Services PMIThe IHS Markit US Services PMI increased to 54.7 in October of 2018 from 53.5 in September, beating market expectations of 54.0, preliminary figures showed. New orders grew faster and output rebounded from September's eight-month low affected in part by adverse weather. Meanwhile, job creation increased at the slowest pace since June 2017. Also, backlogs of work continued to accumulate. In terms of prices, input cost inflation accelerated to its sharpest level since September 2013, amid reports of the pass through of tariffs, alongside rising fuel bills and higher borrowing costs. 
2018-10-24T13:50:00"
US Manufacturing Growth at 5-Month High: Markit,Manufacturing PMI,"US Manufacturing Growth at 5-Month High: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI rose to 55.9 in October of 2018 from 55.6 in September, beating market expectations of 55.5, preliminary estimates showed. The reading pointed to the strongest expansion in factory activity since May, boosted by increases in new business and job creation offsetting a slowdown in output growth.2018-10-24T13:49:00"
US Stocks Open Mixed on Wednesday,Stock Market,"US Stocks Open Mixed on WednesdayUnited States Stock MarketWall Street opened mixed on Wednesday, as positive earnings reports from Boeing and Northrop Grumman lifted investors’ mood. Meanwhile, US President Trump criticized Federal Reserve Chairman Powell and accused the Fed of being the biggest risk to the US economy. On Tuesday, US President Trump said ""I'm just saying this: I'm very unhappy with the Fed because Obama had zero interest rates,"" and ""Every time we do something great, he raises the interest rates"". The Fed has raised interest rate three times this year and it is expected to hike it again before the year ends. The Dow Jones rose 0.3%, the S&P 500 fell 0.1% and the Nasdaq traded 0.2% lower around 5 minutes after the opening bell.2018-10-24T13:40:00"
US House Prices Rise 0.3% MoM in August,FHFA House Price Index MoM,"US House Prices Rise 0.3% MoM in AugustUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.3 percent month-over-month in August 2018, after an upwardly revised 0.4 percent gain in July, matching market expectations. Monthly price changes ranged from -0.7 percent in the Middle Atlantic division to +0.8 percent in the Pacific division. Year-on-year, house prices went up 6.1 percent in August, following an upwardly revised 6.6 percent rise in July.2018-10-24T13:06:00"
US MBA Mortgages Applications Rebound,Mortgage Applications,"US MBA Mortgages Applications ReboundUnited States Mortgage ApplicationsMortgage applications in the United States rose 4.9 percent in the week ended October 19th 2018, rebounding from a 7.1 percent drop in the previous week, data from the Mortgage Bankers Association showed. It is the biggest gain in the mortgage market index since the week ended June 15th 2018. Refinance applications increased 9.7 percent and applications to purchase a home advanced 2 percent. The average fixed 30-year mortgage rate jumped by 1bps to 5.11 percent, remaining the highest since February of 2011.2018-10-24T11:02:00"
US Stocks Close Lower on Tuesday,Stock Market,US Stocks Close Lower on TuesdayUnited States Stock MarketWall Street closed moderately lower on Tuesday 23 October 2018 partially recovering from a sharp decline early in the session after disappointing outlooks from Caterpillar and 3M added to concerns ranging from global growth to Saudi Arabia's diplomatic row. The Dow Jones lost 126 points or 0.5% to 25191. The S&P 500 retreated 15 points or 0.6% to 2741. The Nasdaq declined 31 points or 0.4% to 7438. 2018-10-23T20:08:38.277
US Stocks Sold off Sharply,Stock Market,"US Stocks Sold off SharplyUnited States Stock MarketUS stocks sold off sharply on Tuesday after disappointing outlooks from Caterpillar and 3M added to concerns ranging from global growth to Saudi Arabia's diplomatic row. Caterpillar announced prices increases due to higher steel cost and tariffs; 3M earnings missed forecasts and lowered its outlook for 2018 due to currency headwinds. The Dow Jones sank more than 500 points to its lowest since July, while the S&P 500 and the Nasdaq were down to May's level around midday in New York.2018-10-23T16:46:24.46"
Richmond Fed Manufacturing Index Falls from Record High,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index Falls from Record HighUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 15 in October of 2018 from an all-time high of 29 in September and well below market expectations of 25. Slower increases were seen in shipments (7 from 33), new orders (20 from 34), backlog of orders (13 from 20), capital expenditures (21 from 29) and inventories (1 from 6). Also, price pressures intensified for both prices paid (5.68 from 3.47) and received (2.84 from 1.93). On the other hand, employment rose faster (19 from 16). However, survey respondents were optimistic, expecting to see positive growth across most measures in the coming months.

2018-10-23T14:16:29.163"
US Stocks Sink at the Open,Stock Market,"US Stocks Sink at the OpenUnited States Stock MarketWall Street opened sharply in the red on Tuesday after quarterly results from Caterpillar and 3M disappointed. Caterpillar costs increased due to higher steel prices and tariffs; 3M earnings missed forecasts and the company also lowered its outlook for 2018. The Dow Jones was down 1.2%, the S&P 500 fell 1.3% and the Nasdaq traded 1.6% lower around 8 minutes  after the opening bell.2018-10-23T13:45:51.817"
Dollar Index Hits 9-week High,currency,Dollar Index Hits 9-week HighUnited States currencyUS Dollar increased to a 9-week high of 96.162018-10-23T06:09:24.417
US Tech Stocks Decouple from Losses,Stock Market,"US Tech Stocks Decouple from LossesUnited States Stock MarketWall Street closed mixed on Monday 22 October 2018, with tech stocks decoupling from moderate losses across the board as earnings season continues. The Dow Jones lost 127 points or 0.5% to 25317. The S&P 500 retreated 12 points or 0.4% to 2756. In contrast, the Nasdaq gained 20 points or 0.3% to 7469.2018-10-22T20:50:18.807"
US Stocks Mixed on Monday,Stock Market,"US Stocks Mixed on MondayUnited States Stock MarketWall Street swung between gains and losses on Monday, despite a big jump in Chinese shares earlier in the day as investors remain worried about high bond yields, political tensions with Saudi Arabia over the missing of of journalist Jamal Khashoggi and conflicts between Italy and the European Commission over a rise in public spending. The Dow Jones was down 0.3% and the S&P fell 0.2% while the Nasdaq traded 0.6% higher around 11:15 AM NY time.2018-10-22T15:29:17.69"
US Chicago Fed National Activity Index Fall in September,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index Fall in SeptemberUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index fell to 0.17 in September of 2018 from an upwardly revised 0.27 in August. The contribution from production-related indicators decreased to +0.11 in September from +0.16 in August; and the sales, orders, and inventories category went down to +0.05 from +0.10. On the other hand, the contribution of the personal consumption and housing category edged up to –0.05 in September from –0.06 in August and the employment-related indicators contributed +0.07, up slightly from +0.06 in the previous month. The index’s three-month moving average declined to +0.21 in September from +0.27 in August. 2018-10-22T12:33:00"
US Existing Home Sales Fall for 6th Month,Existing Home Sales,"US Existing Home Sales Fall for 6th MonthUnited States Existing Home SalesSales of previously owned houses in the US slumped 3.4 percent to a seasonally adjusted annual rate of 5.15 million in September of 2018, following a revised 0.2 percent drop in August and much worse than market expectations of a 0.7 percent decline to 5.3 million. It is the smallest number since November of 2015 as lower number of properties for sale has pushed up prices. The median house price fell to $258,100 from $265,600 in August but increased from $247,600 a year earlier. The months' worth of supply edged up to 4.4 from 4.3. In addition, the number of houses available in the market declined to 1.88 million from 1.91 million. Year-on-year, existing home sales dropped 4.1 percent.
2018-10-19T14:09:00"
US Stocks Rise on Earnings,Stock Market,"US Stocks Rise on EarningsUnited States Stock MarketWall Street opened in the green on Friday, attempting to recover from losses in the previous session after several companies reported better-than-expected earnings including Procter & Gamble, Honeywell, American Express and PayPal. The Dow Jones went up 0.7%, the S&P 500 rose 0.7% and the Nasdaq traded 1% higher around 20 minutes after the opening bell
2018-10-19T13:55:16.067"
US Stocks Plunge on Thursday,Stock Market,"US Stocks Plunge on ThursdayUnited States Stock MarketWall Street closed deep in the red on Thursday 18 October 2018, as US-China trade policy uncertainty persisted and bond yields moved higher after FOMC minutes showed on Wednesday the Fed will continue its gradual rate hikes. The Dow Jones plunged 326 points or 1.3% to 25380. The S&P 500 fell 40 points or 1.4% to 2769. The Nasdaq retreated 158 points or 2.1% to 7485.2018-10-18T20:09:19.323"
Stocks in United States Falling,stock market,Stocks in United States FallingUnited States stock marketDow Jones decreased by 1% to 254492018-10-18T16:57:29.53
US Stocks Fall after Hawkish Fed,Stock Market,"US Stocks Fall after Hawkish FedUnited States Stock MarketWall Street opened in the red on Thursday, with bond yields moving higher after FOMC minutes on Wednesday showed the Fed will continue its gradual rate hikes. The Dow Jones was down 0.4%, the S&P 500 fell 0.5% and the Nasdaq traded 0.5% lower around 15 minutes after the opening bell. 2018-10-18T13:51:00"
US Philadelphia Manufacturing Index Above Forecasts,Philadelphia Fed Manufacturing Index,"US Philadelphia Manufacturing Index Above ForecastsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States fell 0.7 points to 22.2 in October 2018, above market expectations of 20. A slowdown was seen in new orders (down 2 points to 19.3) while shipments (up 5 points to 24.5) and employment (up 2 points to 19.5) increased. Meantime, the current inventories index, unfilled orders and delivery times were almost unchanged with all index near zero. Expectations for the next six months remained optimistic.2018-10-18T12:33:00"
US Jobless Claims Fall More than Expected,Initial Jobless Claims,"US Jobless Claims Fall More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 5 thousand to 210 thousand in the week ended October 13th from the previous week's upwardly revised level of 215 thousand. Figures came below market expectations of 212 thousand. Claims for South and North Carolina continue to be affected by the effects of Hurricane Florence while in Florida they were impacted by Hurricane Michael. According to unadjusted data, the largest declines in claims were registered in Kentucky (-6,257), North Carolina (-2,900), Michigan (-2,239), Georgia (-1,086), Illinois (-1,010), South Carolina (-792) and Florida (-649) while the biggest rises were seen in California (+3,144) and Wisconsin (+627).

2018-10-18T12:31:00"
Further and Gradual Rate Hikes Likely to Continue,Interest Rate,"Further and Gradual Rate Hikes Likely to ContinueUnited States Interest RateThe Fed considered that further gradual increases in the target range for the federal funds rate would be necessary to achieve a sustained economic expansion, minutes from last FOMC meeting showed. Some Fed officials said policy would need to become modestly restrictive for a time and other judged that it would be necessary to temporarily raise rates above the normalization level to prevent inflation from overshooting the 2 percent target.2018-10-17T18:19:00"
US Crude Oil Stocks Above Forecasts,Crude Oil Stocks Change,"US Crude Oil Stocks Above ForecastsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 6.490 million barrels in the week ended October 12th 2018, following a 5.987 million gain in the previous week and compared with market consensus of a 1.60 million rise. Meanwhile, gasoline inventories declined by 2.016 million barrels while markets expected a 1.37 million fall.2018-10-17T14:32:00"
US Stocks Trade Lower,Stock Market,"US Stocks Trade LowerUnited States Stock MarketWall Street traded lower on Wednesday, after gaining in the previous session as the earnings season continues. Netflix beat expectations although IBM revenues missed forecasts. On the economic data front, housing starts fell more than anticipated and building permits unexpectedly declined. The Dow Jones fell 0.7%, the S&P 500 dropped 0.4% and the Nasdaq traded 0.4% lower around 10:10 AM NY time.2018-10-17T14:16:05.28"
US Building Permits Unexpectadly Fall 0.6% MoM,Building Permits,"US Building Permits Unexpectadly Fall 0.6% MoMUnited States Building PermitsBuilding permits in the United States dropped 0.6 percent from the previous month to a seasonally adjusted annual rate of 1,241 thousand in September 2018, while markets were expecting a 2.1 percent rise to 1,278 thousand. Permits were at the lowest level since May 2017, as multi-family permits decreased 9.3 percent to 390 thousand while single-family authorizations rose 2.9 percent to 851 thousand. Across regions, permits fell in the  Midwest (-18.9 percent to 154 thousand) and Northeast (-9.8 percent to 92 thousand) but went up in West (11.1 percent to 341 thousand) and South (0.6 percent to 654 thousand).




2018-10-17T12:39:00"
US Housing Starts Fall More than Expected,Housing Starts,"US Housing Starts Fall More than ExpectedUnited States Housing StartsHousing starts in the US dropped 5.3 percent from a month earlier to an annualized rate of 1,201 thousand in September of 2018, following a 7.1 percent gain in August and compared with market expectations of a 4.5 percent fall. Starts in the South declined the most since October 2015 mainly due to Hurricane Florence, which hit North and South Carolina in September.2018-10-17T12:37:00"
US Mortgage Applications Fall the Most in Over a Year,Mortgage Applications,"US Mortgage Applications Fall the Most in Over a YearUnited States Mortgage ApplicationsMortgage applications in the United States slumped 7.1 percent in the week ended October 12th 2018, following a 1.7 percent decline in the previous week, data from the Mortgage Bankers Association showed. It is the sharpest fall in the mortgage market index since the week ended September 15th 2017. Refinance applications dropped 9 percent and applications to purchase a home fell 5.9 percent. The average fixed 30-year mortgage rate jumped by 5bps to 5.1 percent, the highest since February of 2011.
2018-10-17T11:07:00"
US Stocks Surge on Tuesday,Stock Market,"US Stocks Surge on TuesdayUnited States Stock MarketWall Street surged on Tuesday 16 October 2018, as earnings season kicked off and investors regain confidence after a 4-day sell-off last week, with tech shares leading the rally and Netflix rising as much as 15% during after-hours trading after reporting quarterly earnings of $0.89 per share to beat consensus expectations by 31%. The Dow Jones surged 548 points or 2.2% to 25798. The S&P 500 climbed 59 points or 2.2% to 2810. The Nasdaq soared 215 points or 2.9% to 7646.2018-10-16T20:46:11.137"
US International Treasury Purchases Surpass Expectations,Capital Flows,"US International Treasury Purchases Surpass ExpectationsUnited States Capital FlowsOverseas investors bought USD 108.2 billion of US assets in August of 2018, compared with a downwardly revised USD 42.7 billion purchase in July and significantly above market expectations of USD 19.9 billion. Meanwhile, foreigners bought USD 131.8 billion of long-term US securities, including government and corporate, after buying a downwardly revised USD 66.7 billion in the previous month. Also, overseas investors bought USD 63.1 billion in Treasuries in August, compared with the USD 18.9 billion purchased in the previous month. China's Treasuries holdings declined to USD 1.165 trillion from USD 1.171 trillion, the lowest since June of 2017.2018-10-16T20:14:00"
Stocks in United States Surge,stock market,Stocks in United States SurgeUnited States stock marketDow Jones increased by 2% to 257542018-10-16T19:40:39.013
US NAHB Housing Market Index Edges Up in October,Nahb Housing Market Index,"US NAHB Housing Market Index Edges Up in OctoberUnited States Nahb Housing Market IndexThe NAHB Housing Market Index for the US increased to 68 in October of 2018 from 67 in September, slightly above market expectations of 67. The subindex for current single-family home sales rose to 74 from 73 in September; the gauge for home sales over the next six months went up to 75 from 74 and prospective buyers increased to 53 from 49.
2018-10-16T14:05:00"
US Job Openings Hit Record High in August,Job Offers,"US Job Openings Hit Record High in AugustUnited States Job OffersThe number of job openings increased to 7.136 million in August 2018 from an upwardly revised 7.077 million in July, reaching an all-time high and above market expectations of 6.945 million. The number of job openings was almost unchanged for total non-farm payrolls, private and government. Job openings advanced in federal government (+15,000). The number of job openings was little changed in all four regions. Meanwhile, hiring rose to 5.784 million in August from 5.713 million in the previous month, also hitting an all-time high.2018-10-16T14:02:00"
US Stocks Rise on Earnings,Stock Market,"US Stocks Rise on EarningsUnited States Stock MarketWall Street opened in the green on Tuesday, attempting to recover form falls in the previous session, led by gains in health and tech shares. Strong earnings reports from companies including Morgan Stanley, UnitedHealt, Goldman Sachs and Johnson & Johnson lifted investors' mood. The Dow Jones was up 0.9%, the S&P 500 rose 0.7% and the Nasdaq traded 1% higher around 11 minutes after the opening bell. 2018-10-16T13:48:02.737"
US Industrial Output Growth Beats Forecasts,Industrial Production Mom,"US Industrial Output Growth Beats ForecastsUnited States Industrial Production MomIndustrial production in the United States increased 0.3 percent month-over-month in September of 2018, following a 0.4 percent rise in August and slightly higher than market expectations of a 0.2 percent gain. Both manufacturing and mining went up while utilities were flat. Still, output growth in September was held down slightly by Hurricane Florence, with an estimated effect of less than 0.1 percentage point. Industrial output went up an annualized 3.3 percent in the third quarter of 2018, below a 5.3 percent rise in the second quarter.2018-10-16T13:20:00"
Johnson & Johnson earnings at 2.05 USD,Earnings,Johnson & Johnson earnings at 2.05 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.05 USD.2018-10-16T10:55:09.857
US Stocks Retreat on Monday,Stock Market,"US Stocks Retreat on MondayUnited States Stock MarketWall Street closed in the red on Monday 15 October 2018, as stocks failed to extend Friday’s rebound after rising yields and revised global growth forecasts triggered a sharp drop in the previous four trading sessions. The Dow Jones fell 96 points or 0.4% to 25244. The S&P 500 lost 16 points or 0.6% to 2751. The Nasdaq retreated 66 points or 0.9% to 7431.2018-10-15T20:01:51.31"
US Budget Surplus Widens in September,Government Budget Value,"US Budget Surplus Widens in SeptemberUnited States Government Budget ValueThe US government budget surplus increased to USD 119 billion in September 2018 from USD 8 billion in the same month of the previous year, above market expectations of USD 107.5 billion. Outlays dropped 34.1 percent to USD 224 billion while receipts decreased at a softer 1.5 percent to USD 344 billion.2018-10-15T18:07:00"
US Business Inventories Match Forecasts,Business Inventories,"US Business Inventories Match ForecastsUnited States Business InventoriesBusiness inventories in the United States increased 0.5 percent month-over-month in August of 2018, following an upwardly revised 0.7 percent rise in July and in line with market expectations. Stocks went up at retailers (0.7 percent compared to 0.6 percent in July), wholesalers (1 percent compared to 0.6 percent) and for autos and parts (1.8 percent compared to 1.4 percent) but fell 0.1 percent for manufacturers (+0.9 percent). Retail inventories excluding autos, which go into the calculation of GDP, were flat after a 0.1 percent rise in July. 2018-10-15T14:07:49.053"
US Retail Sales Rise Much Less than Anticipated,Retail Sales MoM,"US Retail Sales Rise Much Less than AnticipatedUnited States Retail Sales MoMRetail sales in the United States edged up 0.1 percent month-over-month in September of 2018, the same as in the previous month and well below market expectations of a 0.6 percent rise. Spending at restaurants and bars went down 1.8 percent, the most since December of 2016.2018-10-15T12:34:47.933"
US NY Empire State Manufacturing Index Above Expectations,NY Empire State Manufacturing Index,"US NY Empire State Manufacturing Index Above ExpectationsUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States increased 2.1 points from the previous month to 21.1 in October 2018, beating market expectations of 19. Shipments and new orders accelerated and delivery times continued to rise. Meantime, inventories were steady and employment advanced modestly. Price indexes went down, still remained elevated, suggesting ongoing significant increases in both input prices and selling prices. Looking ahead, firms remained optimistic about the six-month outlook.2018-10-15T12:32:00"
US Stocks Rebound on Friday,Stock Market,"US Stocks Rebound on FridayUnited States Stock MarketWall Street rebounded sharply on Friday 12 October 2018, recovering some of the losses accrued throughout the week triggered by rising yields, GDP revisions to global growth forecasts, and concerns over US trade policy. The Dow Jones gained 287 points or 1.2% to 25340, still losing 4% over the week. The S&P 500 climbed 39 points or 1.4% to 2767. The Nasdaq soared 168 points or 2.3% to 7497. 2018-10-12T20:08:26.86"
Stocks in United States Surge,stock market,Stocks in United States SurgeUnited States stock marketDow Jones increased by 1% to 253012018-10-12T19:26:30.447
US Consumer Sentiment Lower than Expected,Consumer Confidence,"US Consumer Sentiment Lower than ExpectedUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US fell to 99 in October of 2018 from 100.1 in September and below market expectations of 100.4, preliminary estimates showed. The decline was due to less favorable assessments by consumers of their personal finances as upward revisions in the year-ahead expected inflation rate weakened real income expectations.2018-10-12T14:08:22.417"
US Stocks Rebound,Stock Market,"US Stocks Rebound United States Stock MarketWall Street opened in the green on Friday, attempting to recover from a 2-day sell-off and tracking gains in Europe and in Asia as concerns over higher bond yields seemed to ease. Also, the Q3 earnings season kicked off with reports from big banks. Citigroup, J.P. Morgan and PNC beat forecasts. The Dow jumped 1.5%, the D&P 500 increased 1.6% and the Nasdaq traded 2.1% higher around 10 minutes after the opening bell.2018-10-12T13:47:19.703"
US Export Prices Steady in September,Export Prices MoM,"US Export Prices Steady in SeptemberUnited States Export Prices MoMUS export prices were flat month-over-month in September of 2018, following an upwardly revised 0.2 percent fall in August and compared to market expectations of a 0.2 percent gain. Prices of agricultural exports dropped 1.4 percent after a 0.3 percent rise in August, mainly due to lower soybean prices which fell 18.8 percent from June to September. Meanwhile, prices of non agricultural exports edged up 0.2 percent, rebounding from a 0.2 percent fall in August, driven by higher cost for nonagricultural industrial supplies and materials; capital goods; automotive vehicles; and nonagricultural foods. Year-on-year, export prices went up 2.7 percent, slowing from a 3.6 percent rise in the prior month and below market consensus of a 3.5 percent rise.2018-10-12T12:37:05.823"
US Import Prices Rise 0.5% MoM in September,Import Prices MoM,"US Import Prices Rise 0.5% MoM in SeptemberUnited States Import Prices MoMUS import prices increased 0.5 percent from a month earlier in September 2018, following a downwardly revised 0.4 percent decline in August and beating market expectations of a 0.2 percent gain. It was the first monthly rise since May. Prices for import fuels advanced 3.8 percent, after decreasing 2.2 percent in the previous month, led by a rebound in petroleum prices (4.1 percent from -3.9 percent). Meantime, non-fuel import prices recorded no change in September, after a 0.2 percent drop in August, due to higher foods, feeds, and beverages prices (2.0 percent from 0.3 percent). Also, prices of non-fuel industrial supplies and materials dropped less (-0.4 percent from -0.9 percent). Year-on-year, import prices went up percent 3.5 percent, easing from a 3.7 percent gain in the prior month and above market consensus of a 3.2 percent rise.2018-10-12T12:31:00"
JPMorgan Chase earnings at 2.34 USD,Earnings,JPMorgan Chase earnings at 2.34 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 2.34 USD.2018-10-12T10:56:09.01
US Stocks Fall Sharply as Sell-Off Extends,Stock Market,"US Stocks Fall Sharply as Sell-Off ExtendsUnited States Stock MarketWall Street closed deeply in the red on Thursday 11 October 2018, as investors remained concerned about rising interest rates and recent cuts to global economic growth forecasts. On Thursday, US President Trump said that the Fed’s monetary policy “was too aggressive” and “the Fed is getting a little too cute. That’s all. It’s ridiculous what they’re doing.” The Dow Jones retreated 512 points or 2.0% to 25087. The S&P 500 lost 57 points or 2.1% to 2728. The Nasdaq declined 93 points or 1.3% to 7329.2018-10-11T20:06:00.593"
Stocks in United States Drop,stock market,Stocks in United States DropUnited States stock marketDow Jones decreased by 2% to 250822018-10-11T19:50:04.08
US Crude Oil Stocks Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 5.987 million barrels in the week ended October 5th 2018, following a 7.975 million gain in the previous week and compared with market expectations of a 2.62 million increase. Meanwhile, gasoline inventories unexpectedly increased by 0.951 million barrels while markets expected a 0.042 million decrease.2018-10-11T15:01:25.313"
US Stocks Open Lower,Stock Market,"US Stocks Open LowerUnited States Stock MarketWall Street opened in the red on Thursday after recording the worst sell-off in eight months in the previous session. However, declines were smaller than those seen in Europe and in Asia amid a retreat in Treasury yields after US inflation came in at 2.3% for September, below forecasts of 2.4%. The Dow Jones went down 0.5%, the S&P 500 lost 0.6% and the Nasdaq traded 0.6% lower around 10 minutes after the opening bell. 2018-10-11T13:30:00"
US Inflation Rate Lowest in 7 Months,Inflation Rate,"US Inflation Rate Lowest in 7 MonthsUnited States Inflation RateAnnual inflation in the US fell to 2.3 percent in September of 2018 from 2.7 percent in August and below market expectations of 2.4 percent. It is the lowest inflation rate since February, mainly due to a sharp slowdown in gas prices and smaller increases in fuel and shelter costs.2018-10-11T12:33:00"
US Jobless Claims Unexpectadly Rise to 214K,Initial Jobless Claims,"US Jobless Claims Unexpectadly Rise to 214KUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits rose by 7 thousand to 214 thousand in the week ended October 6th from the previous week's unrevised level of 207 thousand while markets had expected a drop to 206 thousand. Claims for South and North Carolina continue to be affected by the effects of Hurricane Florence, which caused damages in the region in mid-September. According to unadjusted data, the biggest increases in claims were seen in Kentucky (+6,248), California (+5,100), North Carolina (+4,053), Michigan (+2,227) and New York (+1,819) while the largest decline was registered in South Carolina (-1,839).

2018-10-11T12:32:00"
US Stocks Plummet as Rout Extends,Stock Market,"US Stocks Plummet as Rout ExtendsUnited States Stock MarketWall Street closed sharply lower on Wednesday 10 October 2018 to record the biggest drop since February as the sell-off triggered by rising yields continued and the tech rout extended, with Netflix falling 8% and Amazon 5%. The Dow Jones lost 832 points or 3.2% to 25599. The S&P 500 retreated 95 points or 3.3% to 2786. The Nasdaq plunged 316 points or 4.1% to 7422.2018-10-10T20:09:49.273"
Stocks in United States Hit 6-week Low,Stock Market,Stocks in United States Hit 6-week LowUnited States Stock MarketDow Jones decreased to a 6-week low of 257542018-10-10T19:40:11.71
US 10Y Bond Yield Hits 7+1/2-year High,Government Bond 10Y,US 10Y Bond Yield Hits 7+1/2-year Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 7+1/2-year high of 3.2424%2018-10-10T17:49:40.987
US Stocks Slide,Stock Market,"US Stocks SlideUnited States Stock MarketWall Street traded sharply lower and was on track to record the biggest drop in months on Wednesday as the bond sell-off continues. Tech shares were among the worst performers. The Dow Jones was down 1.5%, the S&P 500 fell 1.5% and the Nasdaq traded 1.9% lower around 1:10 PM NY time.2018-10-10T17:02:00"
US Wholesale Inventories Revised Higher,Wholesale Inventories,"US Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the United States increased 1 percent month-over-month to USD 642.7 billion in August of 2018, higher than a preliminary estimate of a 0.8 percent gain and a 0.6 percent rise in July. Inventories went up faster for both durables (0.9 percent compared to 0.6 percent in July) and non-durables (1.2 percent compared to 0.5 percent). Stocks rebounded for autos (3.5 percent compared to -1 percent) and increased more for drugs (2.1 percent compared to 0.8 percent) while a slowdown was seen in inventories of machinery (0.5 percent compared to 1.1 percent) and professional equipment (0.3 percent compared to 1.6 percent) and stocks fell for electrical equipment (-0.4 percent compared to 0 percent). Year-on-year, wholesale stocks rose 5.3 percent2018-10-10T14:11:16.6"
US Stocks Fall on Wednesday,Stock Market,"US Stocks Fall on WednesdayUnited States Stock MarketWall Street opened in the red on Wednesday as the US bond sell-off continues. The Dow Jones was down 0.5%, the S&P 500 declined 0.6% and the Nasdaq traded 1% lower around 9 minutes after the opening bell.2018-10-10T13:44:38.867"
US Producer Prices Rebound in September,Producer Price Inflation MoM,"US Producer Prices Rebound in SeptemberUnited States Producer Price Inflation MoMProducer prices for final demand in the US rose by 0.2 percent in September 2018, following a 0.1 percent fall in August and in line with market expectations. Producer prices rebounded due to higher cost of services (0.3 percent), driven by transportation and warehousing services (1.8 percent) and trade (0.1 percent). On the other hand, cost of goods declined 0.1 percent, after being unchanged in August, mostly due to a decrease in energy (-0.8 percent). The core index, which excludes food and energy, went up 0.2 percent in September, rebounding from a 0.1 percent fall in August, and matching market consensus. On a yearly basis, producer prices grew 2.6 percent and the core index increased 2.5 percent.2018-10-10T12:31:00"
US Mortgage Applications Drop in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Drop in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States fell 1.7 percent in the week ended October 5th 2018, following a flat reading in the previous period, data from the Mortgage Bankers Association showed. Refinance applications declined 2.6 percent and applications to purchase a home fell 1.1 percent. The average fixed 30-year mortgage rate jumped by 9bps to 5.05 percent, the highest since February of 2011.
2018-10-10T11:05:00"
Fed William Expects More Gradual Rate Hikes,Interest Rate,"Fed William Expects More Gradual Rate HikesUnited States Interest RateWith fiscal stimulus and favorable financial conditions providing tailwinds to the US economy, further gradual increases in interest rates will best foster a sustained economic expansion and achievement of the Federal Reserve's dual mandate, New York Fed President John Williams said in a speech for a gathering of international bankers in Bali, Indonesia. ""I expect real GDP to increase by around 3 percent this year and by 2.5 percent in 2019. Assuming this forecast comes to fruition, this will be the longest expansion in US history based on data going back over 150 years, he added. This above-trend pace of growth should lead to continued solid job gains and further declines in the unemployment rate. ""I expect the unemployment rate to edge down to slightly below 3.5 percent next year, the lowest level in nearly 50 years."" Regarding price inflation, it is expected to move up a bit above 2 percent.    
2018-10-10T04:23:00"
US Economic Optimism Beats Estimates in October,Economic Optimism Index,"US Economic Optimism Beats Estimates in OctoberUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index increased to 57.8 in October 2018 from 55.7 in the previous month, above market expectations of 54.6. It was the second highest reading since January 2004. The Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, rose 4.1 points to 66.7 and the Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, went up 2.1 points to 51.3. Meantime, the Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, remained unchanged at 53.3.2018-10-09T14:14:00"
Dollar Index Hits 7-week High,currency,Dollar Index Hits 7-week HighUnited States currencyUS Dollar increased to a 7-week high of 96.132018-10-09T11:21:31.767
US Small Business Optimism Drops from Record High,NFIB Business Optimism Index,"US Small Business Optimism Drops from Record HighUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US fell to 107.9 in September of 2018 from a record high of 108.8 in August, below market expectations of 108.9. Plans to increase employment (-3 to 23), make capital outlays (-3 to 30) and raise inventories (-7 to 3) declined. Also, the earnings trend worsened (-2 to -1) and less firms think now is a good time to expand (-1 to 33) and expect the economy to improve (-1 to 33). On the other hand, more firms expect real sales to increase (+3 to 29) and improvements were also seen in current inventories (+2 to -1) and future credit conditions (+1 to -5).2018-10-09T10:09:39.097"
US Treasury Sell-Off Continues,Government Bond 10Y,US Treasury Sell-Off ContinuesUnited States Government Bond 10YThe yield on the US 10-year Treasury note continued to rise on Tuesday and hit a new high since May of 2011 of 3.244%. US Treasury yields surged in the beginning of the month after strong US economic data increased fears of a faster tightening by the Fed.2018-10-09T07:52:00
US Stocks Close Mixed on Monday,Stock Market,"US Stocks Close Mixed on MondayUnited States Stock MarketWall Street closed mixed on Monday 8 October 2018, as investors remain cautious due to rising bond yields, with the US 10-year Treasury reaching a new high since May of 2011 after data showed the unemployment rate fell to 3.7 percent, the lowest since December of 1969. The Dow Jones gained 62 points or 0.2% to 26509. The S&P 500 stayed practically unchaged at 2885, whereas the Nasdaq retreated 53 points or 0.7% to 2885.2018-10-08T20:00:53.66"
US Stocks Continue to Fall,Stock Market,"US Stocks Continue to FallUnited States Stock MarketWall Street traded in the red on Monday, tracking losses in Europe and in Asia as investors remain cautious due to rising bond yields although the bond market was closed on Monday due to the Columbus Day holiday. On Friday, the yield on the US 10-year Treasury reached a new high since May of 2011 after data showed the unemployment rate fell to 3.7 percent, the lowest since December of 1969. The Dow Jones was down 0.7%, the S&P 500 lost 0.6% and the Nasdaq traded near 1.3% lower around 11:50 AM NY time.2018-10-08T15:58:00"
US Stocks Extend Slide,Stock Market,"US Stocks Extend Slide United States Stock MarketWall Street closed in the red on Friday 5 October 2018, as asset allocation bets of higher inflation and interest rates ahead combined with weaker than expected job creation, with US non farm payrolls adding 134K in September. It was the lowest reading in a year. The Dow Jones retreated 153 points or 0.6% to 26475. The S&P 500 lost 17 points or 0.6% to 2885. The Nasdaq fell 93 points or 1.2% to 7787. 2018-10-05T20:06:48.607"
US Consumer Credit Beats Expectations,Consumer Credit,"US Consumer Credit Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 20.08 billion in August 2018, following a slightly downwardly revised USD 16.6 billion gain in the previous month and above market expectations of a USD 14.9 billion rise. Revolving credit including credit card borrowing edged up USD 4.8 billion, compared with an upwardly revised USD 1.4 billion decline in July. Meantime, non-revolving credit including loans for education and automobiles climbed by USD 15.3 billion, after rising by a downwardly revised USD 15.2 billion in the prior month.2018-10-05T19:08:29.42"
US 10-Year Yield Hits New 7-Year High,Government Bond 10Y,"US 10-Year Yield Hits New 7-Year HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note was up for the third session to 3.22% on Friday, reaching a new high since May of 2011, after data showed the unemployment rate fell to 3.7 percent, the lowest since December of 1969. Nonfarm payrolls rose by a less-than-expected 134 thousand in September although Hurricane Florence was likely to have negatively influenced the numbers. Payrolls for August were revised sharply higher to 270 thousand from 201 thousand. Increasing optimism about the US economy prompted a global bond sell-off earlier in the week after the ADP report showed the US private sector added 230K jobs in September, the most in seven months and the ISM non-manufacturing PMI pointed to a record growth in the services sector. 2018-10-05T16:07:17.463"
US Stocks Extend Declines,Stock Market,"US Stocks Extend DeclinesUnited States Stock MarketWall Street traded in the red on Friday as Treasury yields continued to rise after the jobs report showed the US economy added a less-than-expected 134 thousand jobs but unemployment fell to the lowest in near 49 years. Also, nonfarm payrolls for August were revised sharply higher. The Dow Jones fell 0.8%, the S&P went down 0.7% and the Nasdaq traded 1.4% lower around 11:50 AM NY time.2018-10-05T15:55:00"
Stocks in United States Falling,stock market,Stocks in United States FallingUnited States stock marketDow Jones decreased by 1% to 265602018-10-05T14:45:27.92
US Wage Growth Matches Forecasts,Average Hourly Earnings,"US Wage Growth Matches ForecastsUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 8 cents or 0.3 percent month-over-month to $27.24 in September of 2018. It follows a downwardly revised 0.3 percent rise in the previous month, matching market expectations. Over the year, average hourly earnings have increased by 73 cents, or 2.8 percent, easing from a 2.9 percent jump in August which was the highest annual gain since June of 2009. Average hourly earnings of private-sector production and nonsupervisory employees increased by 6 cents to $22.81.
2018-10-05T13:13:40.22"
US Exports Fall Further,Exports,US Exports Fall FurtherUnited States ExportsUS exports of goods and services fell 0.8 per cent to $209.4 billion in August. Soybean exports dropped $1.0 billion and shipments of crude oil fell $0.9 billion.2018-10-05T12:47:00
US Imports Hits Record High,Imports,"US Imports Hits Record HighUnited States ImportsImports in the United States increased by 0.6 percent to 262.67 USD Billion in August, the most on record. The biggest increases came from automotive vehicles, parts, and engines (USD 1.0 billion) and Consumer goods (USD 0.9 billion).
2018-10-05T12:42:00"
US Jobless Rate Lowest Since 1969,Unemployment Rate,"US Jobless Rate Lowest Since 1969United States Unemployment RateThe unemployment rate in the US declined to 3.7 percent in September of 2018 from 3.9 percent in each of the previous two months and below market expectations of 3.8 percent. It is the lowest jobless rate since December of 1969. The number of unemployed persons decreased by 270,000 to 6.0 million. Over the year, the unemployment rate and the number of unemployed persons declined by 0.5 percentage point and 795,000, respectively.2018-10-05T12:36:00"
US Trade Deficit Highest in 6 Months,Balance of Trade,"US Trade Deficit Highest in 6 MonthsUnited States Balance of TradeThe U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $53.2 billion in August, up $3.2 billion from $50.0 billion in July, revised. August exports were $209.4 billion, $1.7 billion less than July exports. August imports were $262.7 billion, $1.5 billion more than July imports. The politically sensitive goods trade deficit with China surged 4.7 per cent to a record high of $38.6 billion.2018-10-05T12:36:00"
US Economy Adds Less Jobs than Expected,Non Farm Payrolls,"US Economy Adds Less Jobs than ExpectedUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 134 thousand in September of 2018, following an upwardly revised 270 thousand in August and well below market expectations of 185 thousand. It is the lowest reading in a year after Hurricane Florence hit the Carolinas in mid-September likely weighing on payrolls. Job gains occurred in professional and business services, in health care, and in transportation and warehousing.2018-10-05T12:32:00"
US Stocks Plummet on Thursday,Stock Market,"US Stocks Plummet on ThursdayUnited States Stock MarketWall Street closed deeply in the red on 4 October 2018, as the 10-year yield hit its highest level in 7 years, as investors bet on faster GDP growth and higher inflation ahead, with tech stocks emerging market shares falling sharply despite a 2.5 percent fall in US crude oil prices during the session. The Dow Jones retreated 201 points or 0.8% to 26627. The S&P 500 lost 24 points or 0.8% to 2902. The Nasdaq dropped 146 points or 1.8% to 7880.2018-10-04T20:07:18.693"
Stocks in United States Drop,stock market,Stocks in United States DropUnited States stock marketDow Jones decreased by 1% to 265592018-10-04T16:53:56.577
US Factory Orders Post Biggest Gain in Almost a Year,Factory Orders,"US Factory Orders Post Biggest Gain in Almost a YearUnited States Factory OrdersNew orders for factory goods made in the US rose 2.3 percent from a month earlier in August 2018, following a downwardly revised 0.5 percent drop in July and beating market expectations of a 2.1 percent gain. It was the largest increase in industrial orders since September 2017 as demand for transportation equipment rose the most since June 2017 (13.1 percent vs -3.6 percent in July), in particular civilian aircraft & parts (69.1 percent vs -29.1 percent), defense aircraft & parts (17 percent vs -32.3 percent) and motor vehicles (1 percent vs 1.6 percent). There were also gains in orders for primary metals, fabricated metal products and electronic equipment, appliances & components, while those for machinery and computers & electronic products fell.2018-10-04T14:04:00"
US Stocks Fall,Stock Market,"US Stocks Fall United States Stock MarketUS stock markets opened in the red on Thursday after the 10-year Treasury note yield rose above 3.2%, reaching its highest level since 2011 and dampening investor sentiment. The Dow Jones dropped 81 points, or 0.3%, to 26,747; the S&P 500 lost 10 points, or 0.4%, to 2,915; and the Nasdaq fell 65 points, or 0.8%, to 7,960.2018-10-04T13:47:00"
US Jobless Claims Fall More than Expected,Initial Jobless Claims,"US Jobless Claims Fall More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits fell by 8 thousand to 207 thousand in the week ended September 29 from the previous week’s upwardly revised level of 215 thousand and compared with market expectations of 213 thousand. Claims for South and North Carolina continue to be affected by the effects of Hurricane Florence, which caused damages in the region in mid-September. According to unadjusted data, claims declined the most in North Carolina (-4,783), Kentucky (-4,643), New York (-804) and California (-514) while the biggest rises were reported in South Carolina (+939), Illinois (+521) and Ohio (+478).2018-10-04T12:31:00"
US Planned Layoffs Highest in 6 Months,Challenger Job Cuts,"US Planned Layoffs Highest in 6 MonthsUnited States Challenger Job CutsJob cuts announced by US-based employers jumped 43.7 percent month-over-month and 70.9 percent year-on-year to 55,285 in September of 2018. It is the highest reading in six months. Nearly half (47.9 percent) of September job cuts come from Wells Fargo’s announcement that it will cut between 5 and 10 percent of its workforce over the next three years. While the financial sector announced the most cuts in September (27,343), most of which are due to increased demand for online banking options, retailers (5,907) similarly continue to announce cuts as consumers pivot to online shopping. Considering the third quarter of the year, job cuts rose by 15.3 percent from the previous three months to 120,879. So far this year, employers have announced 366,058 cuts, 13.9 percent more than the 321,478 cuts announced in the first nine months of 2017. 2018-10-04T11:39:00"
US 10-Year Yield at 7-Year High,Government Bond 10Y,"US 10-Year Yield at 7-Year HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note was up for the second session to 3.2135% on Thursday, reaching the highest since May of 2011, amid increasing optimism about the US economy. On Wednesday, the ADP report showed the US private sector added 230K jobs in September, the most in seven months and the ISM non-manufacturing PMI pointed to a record growth in the services sector, lifting the dollar and raising bets the Fed will raise rates again in December. 2018-10-04T08:33:01.35"
Dollar Rises on Strong Data,Currency,"Dollar Rises on Strong DataUnited States CurrencyThe dollar index against a basket of major currencies rose for the seventh straight session on Thursday after strong economic data released on Wednesday lifted investors mood and expectations for another hike in the fed funds rate in December. The ADP report showed the US private sector added 230K jobs in September, the most in seven months and the ISM non-manufacturing PMI pointed to a record growth in the services sector. The DXY was up near 0.4% to 95.91 around 9:20 AM London time, the highest since August 19th.2018-10-04T08:22:35.753"
US Stocks Edge Higher on Wednesday,Stock Market,"US Stocks Edge Higher on WednesdayUnited States Stock MarketWall Street closed modestly in the green on Wednesday 3 October 2018 with Dow industrials hitting a new record for the second straight day, as Fed Chairman Jerome Powell hinted in a Q&A session about more, yet moderate, rising interest rates, with one hike expected for December and three more for 2019. The Dow Jones gained 55 points or 0.2% to 26829. The S&P 500 edged up 2 points or 0.1% to 2926. The Nasdaq advanced 26 points or 0.3% to 8025.2018-10-03T20:07:11.263"
Dollar Index Hits 6-week High,currency,Dollar Index Hits 6-week HighUnited States currencyUS Dollar increased to a 6-week high of 95.752018-10-03T16:58:22.267
US Crude Oil Stocks Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 7.975 million barrels in the week ended September 28th 2018, following a 1.852 million gain in the previous week and compared with market consensus of a 1.985 million rise. Meanwhile, gasoline inventories dropped by 0.459 million barrels while markets expected a 1.316 million gain.2018-10-03T14:31:42.7"
US Services Rise at Record Pace: ISM,Non Manufacturing PMI,"US Services Rise at Record Pace: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States rose to 61.6 in September of 2018 from 58.5 in August, beating market expectations of 58. The reading pointed to a record growth in the services sector. Overall, companies remain positive about business conditions and the current and future economy. Concerns remain about capacity, logistics and the uncertainty with global trade.
2018-10-03T14:04:23.66"
US Services PMI Revised Up: Markit,Services PMI,"US Services PMI Revised Up: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised higher to 53.5 in September of 2018 from a preliminary reading of 52.9. Still, it fell from 54.8 in August, pointing to the slowest growth in the services sector since January. Input prices rose strongly, mainly due to greater demand for inputs and the ongoing effects of tariffs and output price inflation was the highest on record. On the other hand, new business increased faster amid improved client demand; capacity pressures went up; employment rose at the joint-quickest rate since June of 2014; and backlogs also rose, ending a two-month period of contraction. Finally, business confidence was the lowest since December amid concerns linked to competition for new work, despite favorable demand conditions.2018-10-03T13:53:20.06"
US Output Growth Stronger than Initially Thought: Markit,Composite Pmi,"US Output Growth Stronger than Initially Thought: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI came in at 53.9 in September 2018, revised from a preliminary reading of 53.4 and compared with August's final figure of 54.7. The overall expansion was solid but eased to the weakest since January as service sector activity growth slowed to an eight-month low (PMI at 53.5 vs 54.8 in August), while manufacturing output increased the most since May (PMI at 55.6 vs 54.7 in August).2018-10-03T13:50:31.707"
US Stocks Rise on ADP Jobs,Stock Market,"US Stocks Rise on ADP JobsUnited States Stock MarketWall Street opened in the green on Wednesday, with the Dow touching a new record high after ADP data showed the US private sector added a stronger-than-expected 230K jobs in September. The Dow Jones, the S&P 500 and the Nasdaq all traded near 0.5% higher around 7 minutes after the opening bell.2018-10-03T13:30:00"
US Private Sector Adds More Jobs than Expected: ADP,ADP Employment Change,"US Private Sector Adds More Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 230 thousand workers in September of 2018, compared with an upwardly revised 168 thousand in August and beating market expectations of 185 thousand. It is the highest reading in seven months. The service-providing sector added 184 thousand jobs, boosted by professional and business (70 thousand); education and health (44 thousand); trade, transportation and utilities (30 thousand); leisure and hospitality (16 thousand); financial activities (16 thousand); and other services (10 thousand) while information shed 3 thousand jobs. The goods-producing sector added 46 thousand jobs supported by construction (34 thousand); manufacturing (7 thousand); and natural resources and mining (5 thousand). Midsized companies were the ones hiring the most workers (99 thousand), followed by large (75 thousand) and small (56 thousand).
2018-10-03T12:22:00"
US Mortgage Applications Unchanged in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Unchanged in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States were flat in the week ended September 28th 2018, following a 2.9 percent gain in the previous period, data from the Mortgage Bankers Association showed. Refinance applications edged down 0.1 percent while applications to purchase a home went up 0.1 percent. The average fixed 30-year mortgage rate fell by 1bps to 4.96 percent.
2018-10-03T11:06:56.837"
Dow Jones Climbs to All-Time High,Stock Market,"Dow Jones Climbs to All-Time HighUnited States Stock MarketWall Street closed mixed on Tuesday 2 October 2018, as attention switched to US-China trade talks once the United States is set to sign a new trade deal with Canada and Mexico. The Dow Jones gained 123 points or 0.5% to close at a record high of 26774. In contrast, the S&P 500 inched down 1 points or less than 0.1% to 2923, while the Nasdaq retreated 38 points or 0.5% to 8000. 2018-10-02T20:13:40.847"
Fed Says the Economy Looks Very Good,Interest Rate,"Fed Says the Economy Looks Very GoodUnited States Interest RateThe US economy is strong, unemployment is near 50-year lows, inflation is roughly at the 2 percent objective and the baseline outlook of forecasters inside and outside the Fed is for more of the same, Fed Chair Powell said during a speech at the National Association for Business Economics. The Fed Chair added that from the standpoint of contingency planning, the course is clear: conduct policy consistent with the FOMC's symmetric 2 percent inflation objective, and stand ready to act if expectations drift materially up or down, signalling the Fed will likely continue to raise rates gradually. 2018-10-02T16:59:00"
Dow Hits All-Time High,Stock Market,"Dow Hits All-Time HighUnited States Stock MarketThe Dow Jones touched an all-time high of 26,770 in early New York trading on Tuesday driven by solid gains in Intel, Caterpillar and Boeing. Meanwhile, the S&P 500 rose 5 points, or 0.2%, to 2,929 and the Nasdaq added 4 points, or 0.1%, to 8,041.2018-10-02T15:13:00"
ISM New York Index Eases in September,Ism New York Index,"ISM New York Index Eases in SeptemberUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States fell to 72.5 in September of 2018 from 76.5 in August, which was a new high since November of 2006. Both current (78.1 from 83.3) and expected revenues (78.1 from 87.5) slowed. On the other hand, employment rose faster (73.8 from 62), quantity of purchases increased (79.4 from 66.7) and prices paid eased (75 from 78.6). The Six-Month Outlook improved to 81.5 from 79.9, reaching the highest since December.
 2018-10-02T14:49:08.057"
Dollar Index Hits 6-week High,currency,Dollar Index Hits 6-week HighUnited States currencyUS Dollar increased to a 6-week high of 95.752018-10-02T10:46:29.827
Dollar Gains as US-China Trade Worries Persist,currency,Dollar Gains as US-China Trade Worries PersistUnited States currencyThe dollar index against a basket of major currencies rose for the fifth straight session on Tuesday amid renew concerns over trade between the US and China as uncertainty around NAFTA ended after Canada agreed to join a trade deal with the US and Mexico later on Sunday. The DXY was up near 0.4% to 95.67 around 10:25 AM NY time. 2018-10-02T08:52:00
US Stocks Close Mixed on Monday,Stock Market,"US Stocks Close Mixed on MondayUnited States Stock MarketWall Street closed mixed on Monday 1 October 2018, as Canada agreed to join a trade deal with the US and Mexico, replacing NAFTA with a new agreement (USMCA) that ends months of uncertainty and gives the US access to Canada’s dairy industry and established some regional content clauses to avoid tariffs in the auto industry. The Dow Jones closed up 193 points or 0.7% to 26651. The S&P 500 11 points or 0.4% to 2925. In contrast, the Nasdaq retreated 9 points or 0.1% to 8037.2018-10-01T20:16:01.607"
US Factory Growth Slows More than Expected: ISM,Business Confidence,"US Factory Growth Slows More than Expected: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US fell to 59.8 in September of 2018 from 61.3 in August which was the highest reading since May of 2004. Figures came slightly below market expectations of 60.1 as new orders and inventories rose less. Manufacturers remain concerned about tariff-related activity, including how reciprocal tariffs will impact company revenue and current manufacturing locations.2018-10-01T14:09:27.66"
US Construction Spending Below Forecasts in August,Construction Spending,"US Construction Spending Below Forecasts in AugustUnited States Construction SpendingUS construction spending edged up 0.1 percent from a month earlier to a seasonally adjusted annual rate of USD 1.32 trillion in August 2018, following an upwardly revised 0.2 percent advance in July and missing market expectations of a 0.4 percent gain. Spending on private construction fell 0.5 percent (-0.2 percent in July) as investment in private residential projects dropped 0.7 percent and that in private nonresidential structures, which includes manufacturing and power plants, declined 0.2 percent. Meanwhile, spending on public construction jumped 2 percent to the highest level since July 2009, following a 1.7 percent increase in July. Investment in federal government construction projects soared 5.9 percent to a 10-month high and that in state and local government construction rose 1.7 percent to the highest level since March 2009.2018-10-01T14:02:00"
US Manufacturing PMI Confirmed at 4-Month High: Markit,Manufacturing PMI,"US Manufacturing PMI Confirmed at 4-Month High: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI rose to 55.6 in September of 2018 from 54.7 in August, matching the preliminary estimate. The reading pointed to the strongest growth in factory activity in four months, driven by sharper rises in output and new orders, though new business from abroad continued to expand at only a marginal pace. Also, the average for the third quarter was strong overall but signaled the softest expansion since the fourth quarter of 2017.2018-10-01T13:48:58.657"
US Stocks Rise after Canada Joins Trade Deal,Stock Market,"US Stocks Rise after Canada Joins Trade DealUnited States Stock MarketWall Street opened in the green on Monday after Canada agreed to join a trade deal with the US and Mexico, replacing the NAFTA agreement and ending months of uncertainty. The Dow Jones was up 0.6%, the S&P 500 gained 0.5% and the Nasdaq traded 0.7% higher around 10 minutes after the opening bell.2018-10-01T13:43:00"
US Stocks Close Mostly Flat on Friday,Stock Market,"US Stocks Close Mostly Flat on FridayUnited States Stock MarketWall Street closed mostly flat on Friday 28 September 2018, as the Kavanaugh confirmation drama continued and Tesla shares plummeted 14 percent amid news that the SEC is suing CEO Elon Musk on fraud allegations. The Dow Jones gained 18 points or 0.1% to 26458. The S&P 500 closed flat at 2914. The Nasdaq edged up 4 points or less than 0.1% to 8046. 
2018-09-28T20:22:25.837"
Chicago PMI at 5-Month Low,Chicago Pmi,"Chicago PMI at 5-Month LowUnited States Chicago PmiThe Chicago Business Barometer for the US declined further to 60.4 in September of 2018 from 63.6 in August, below market expectations of 62.5. It is the second straight drop in the barometer, reaching the lowest level in five months. A slowdown in both output and new orders, alongside weaker hiring sentiment offset a longer delivery times and a higher count of unfinished order.2018-09-28T14:13:36.637"
US Consumer Sentiment Revised Lower in September,Consumer Confidence,"US Consumer Sentiment Revised Lower in SeptemberUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised down to 100.1 in September of 2018 from a preliminary reading of 100.8. Yet, the reading was higher than 96.2 in August and topped 100.0 for only the third time since January of 2004. The single issue that was cited as having a potential negative impact on the economy was tariffs. Concerns about the negative impact of tariffs were cited by nearly one-third of all consumers in September.
2018-09-28T14:08:49.407"
"US PCE Inflation Slows in August, Core Steady at 2%",PCE Price Index Monthly Change,"US PCE Inflation Slows in August, Core Steady at 2%United States PCE Price Index Monthly ChangeThe personal consumption expenditure (PCE) price index in the United States increased 0.1 percent month-over-month in August of 2018, the same as in each of the previous two months and slightly below market expectations of a 0.2 percent rise. Prices of goods went down 0.1 percent after being flat in July: cost of durable goods declined (-0.3 percent compared to +0.4 percent) while prices of nondurables edged up 0.1 percent after a 0.2 percent fall. Cost of services rose 0.2 percent, the same as in both July and June. Excluding food and energy, PCE prices were unchanged, following a 0.2 percent rise in July and below expectations of a 0.1 percent gain. Year-on-year, the PCE price index advanced 2.2 percent, after a 2.3 percent gain in the prior month, and the core index rose 2.0 percent, the same as in July. Core PCE inflation is the Fed's preferred measure of inflation and the central bank targets it at 2 percent.2018-09-28T12:43:00"
US Personal Spending Rises the Least in 6 Months,Personal Spending,"US Personal Spending Rises the Least in 6 MonthsUnited States Personal SpendingPersonal spending in the United States rose 0.3 percent from a month earlier in August 2018, following a 0.4 percent advance in July and matching market expectations. It was the smallest increase in personal spending since February.2018-09-28T12:32:30.56"
US Personal Income Rises Less than Expected in August,Personal Income,"US Personal Income Rises Less than Expected in AugustUnited States Personal IncomePersonal income in the United States increased 0.3 percent month-over-month in August of 2018, the same as in the previous month and below market expectations of a 0.4 percent gain. Wages and salaries rose 0.5 percent, after increasing 0.3 percent in July and disposable income advanced 0.3 percent, the same pace as in the prior month. The saving rate remained steady at 6.6 percent.2018-09-28T12:31:00"
US Stocks Close Higher on Thursday,Stock Market,"US Stocks Close Higher on ThursdayUnited States Stock MarketWall Street closed moderately in the green on Thursday 27 September 2018, as investors continue to digest an expected interest rate hike. Also, Apple shares rose 1.2% during the session nudged by J.P. Morgan analysts’ expectations of strong growth for Apple’s services offerings. The Dow Jones gained 55 points or 0.2% to 26440. The S&P 500 advanced 8 points or 0.3% to 2914. The Nasdaq climbed 52 points or 0.7% to 8042.2018-09-27T20:16:32.917"
US Stocks Trade Higher on Thursday,Stock Market,"US Stocks Trade Higher on ThursdayUnited States Stock MarketWall Street traded in the green on Thursday, as investors digest an expected interest rate hike and amid a rise in tech shares led by Apple (+2%). Apple shares increased after J.P. Morgan analysts said that they see a strong growth for Apple’s services offerings. The Dow gained 0.3%, the S&P 500 advanced 0.5% and the Nasdaq traded 0.8% higher around 10:30 AM NY time.2018-09-27T14:53:00"
US Pending Home Sales Fall for 8th Month,Pending Home Sales,"US Pending Home Sales Fall for 8th MonthUnited States Pending Home SalesContracts to buy previously owned homes in the United States shrank 2.3 percent year-on-year in August of 2018, following an upwardly revised 2.4 percent drop in July. It marks the eighth consecutive month of annual declines in pending home sales. Sales fell in the West (-10.7 percent), the Northeast (-1.6 percent) and the Midwest (-1.1 percent) but rose in the South (1.3 percent). On a month-over-month basis, sales dropped 1.8 percent, after a 0.8 percent decrease in July and compared to market expectations of a 0.9 percent gain. 
2018-09-27T14:07:07.767"
US GDP Growth Strongest Since Q3 2014,GDP Growth Rate,"US GDP Growth Strongest Since Q3 2014United States GDP Growth RateThe US economy advanced an annualized 4.2 percent on quarter in the second quarter of 2018, unrevised from the previous estimate and in line with market expectations. A downward revision to private inventory investment was offset by small upward revisions to most other GDP components, the third estimate showed. Imports were revised slightly down.2018-09-27T12:35:00"
US Corporate Profits Rise Less than Expected in Q2,Corporate Profits,"US Corporate Profits Rise Less than Expected in Q2United States Corporate ProfitsCorporate profits in the United States increased by USD 42.2 billion, or 2.1 percent, to an all-time high of USD 2,007.5 billion in the second quarter of 2018, missing a preliminary reading of 2.4 percent, following a downwardly 8.2 percent gain in the previous period and below market expectations of a 2.4 percent rise. Undistributed profits advanced by USD 32.4 billion, or 4.3 percent, to USD 784.5 billion, and net dividends rose by USD 9.8 billion, or 0.8 percent, to USD 1,223.0 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, grew by USD 59.5 billion, or 2.4 percent, to USD 2,558.2 billion.2018-09-27T12:34:00"
US Wholesale Inventories Rise 0.8% MoM in August,Wholesale Inventories,"US Wholesale Inventories Rise 0.8% MoM in AugustUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.8 percent month-over-month to USD 641.5 billion in August of 2018, higher than a 0.6 percent rise in July and well above market expectations of a 0.2 percent gain, a preliminary estimate showed. Stocks advanced faster for nondurable goods (0.8 percent compared to 0.4 percent in July) and durable goods (0.9 percent compared to 0.7 percent). Year-on-year, inventories rose 5.1 percent.
2018-09-27T12:34:00"
US Durable Goods Orders Jump 4.5%,Durable Goods Orders,"US Durable Goods Orders Jump 4.5%United States Durable Goods OrdersNew orders for US manufactured durable goods surged 4.5 percent from a month earlier in August 2018, following a downwardly revised 1.2 percent drop in July and easily beating market expectations of a 2 percent growth. Transportation equipment drove the increase as volatile demand for civilian aircraft rose. 2018-09-27T12:32:00"
US Jobless Claims at 7-Week High,Initial Jobless Claims,"US Jobless Claims at 7-Week HighUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 12 thousand to 214 thousand in the week ended September 22 from the previous week's revised level of 202 thousand, above market expectations of 210 thousand. Jobless claims hit the highest level since the week ended August 4, mainly reflecting temporary rises in states affected by Hurricane Florence.  According to unadjusted data, the biggest rises in claims were seen in North Carolina (+8,035), Kentucky (+4,461), South Carolina (+1,899) and California (+1,396) while the largest decreases were reported in Georgia (-1,377), New Jersey (-965) and Texas (-930).

2018-09-27T12:31:00"
Fed Hikes Rates as Expected,Interest Rate,"Fed Hikes Rates as ExpectedUnited States Interest RateThe Federal Reserve raised the target range for the federal funds rate by 25bps to 2 percent to 2.25 percent during its September 2018 meeting, in line with market expectations. GDP growth forecasts for 2018 were raised to 3.1 percent from 2.8 percent in the June projection and for 2019 to 2.5 percent from 2.4 percent. 2020 forecast was left steady at 2 percent. The unemployment rate is seen higher at 3.7 percent in 2018 (3.6 percent in the June projection) and at 3.5 percent in both 2019 and 2020 (the same as in June). PCE inflation forecasts were left steady at 2.1 percent for 2018, eased to 2 percent from 2.1 percent in 2019 and unchanged at 2.1 percent in 2020. Policymakers expect one more rate hike this year, 3 increases in 2019 and 1 in 2020, in line with previous expectations.2018-09-26T18:02:00"
US Crude Oil Stocks Rise Unexpectedly,Crude Oil Stocks Change,"US Crude Oil Stocks Rise UnexpectedlyUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 1.852 million barrels in the week ended September 21st 2018, following a 2.057 million drop in the previous week and compared with market expectations of a 1.279 million decrease. Meanwhile, gasoline inventories increased by 1.530 million barrels while markets expected a 0.788 million gain.2018-09-26T14:31:48.717"
US New Home Sales Rebound,New Home Sales,"US New Home Sales ReboundUnited States New Home SalesSales of new single-family houses in the United States jumped 3.5 percent from the previous month to a seasonally adjusted annual rate of 629 thousand in August of 2018, following a downwardly revised 1.6 percent drop in July. It compares with market expectations of a 0.5 percent rise to 630 thousand. Sales jumped in the Northeast but fell in the South. 2018-09-26T14:03:34.477"
US Mortgage Applications Rise for 2nd Week: MBA,Mortgage Applications,"US Mortgage Applications Rise for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States jumped 2.9 percent in the week ended September 21st 2018, following a 1.6 percent gain in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went up 3.2 percent and applications to purchase a home rose 2.6 percent. The average fixed 30-year mortgage rate increased by 9bps to 4.97 percent, the highest rate since the week ended April 8th 2011.2018-09-26T11:10:34.037"
Fifth District Manufacturing Activity Growth at Record High,Richmond Fed Manufacturing Index,"Fifth District Manufacturing Activity Growth at Record HighUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose by 5 points to 29 in September 2018, easily beating market expectations of 22. It was the highest reading since the series began in 1993, buoyed by increases in shipments (33 vs 23 in August) and new orders (34 vs 25), while employment expanded at a softer pace (16 vs 25). Still, manufacturing firms continued to struggle to find employees with the skills they needed, and they expect this difficulty to continue in the coming months. Survey respondents were optimistic, expecting growth to continue in the next six months.2018-09-25T14:12:58.84"
US House Prices Rise the Least in 4 Months: FHFA,FHFA House Price Index MoM,"US House Prices Rise the Least in 4 Months: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.2 percent month-over-month in July of 2018, following an upwardly revised 0.3 percent increase in June, matching market expectations. It is the lowest gain in housing prices in four months. Monthly price changes ranged from -0.5 percent in the East South Central division to +1.1 percent in the South Atlantic division. Year-on-year, house prices went up 6.4 percent in July.2018-09-25T13:09:43.49"
US House Price Growth Below Forecasts: Case-Shiller,Case Shiller Home Price Index YoY,"US House Price Growth Below Forecasts: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-City Composite Home Price Index in the US rose 5.9 percent from a year earlier in July 2018, following an upwardly revised 6.4 percent increase in June and missing market expectations of a 6.2 percent advance. Las Vegas recorded the biggest gain (13.7 percent), followed by Seattle (12.1 percent) and San Francisco (10.8 percent). Meanwhile, the national index, covering all nine US census divisions rose 6 percent in July, down from 6.2 percent in the previous month.2018-09-25T13:06:10.733"
US Stocks Close Mostly in the Red,Stock Market,"US Stocks Close Mostly in the Red United States Stock MarketWall Street closed mostly in the red on Monday 24 September 2018 with only the Nasdaq inching up, on fears of Deputy Attorney General Rosenstein’s departure and as fresh trade worries hit sentiment after news that China cancelled trade talks with the US and a 10% US tariff came into effect. Also, Brent crude rose to above $81 a barrel, a high since November 2014, ahead of the start of sanctions by the US on Iran and after OPEC leaders decided against an immediate extra increase in output despite President Trump's demands for action to cool the market. The Dow Jones lost 181 points or 0.7% to 26562. The S&P 500 retreated 10 points or 0.4% to 2919. In contrast, the Nasdaq edged up 6 points or 0.1% to 7993.2018-09-24T20:00:00"
Texas Manufacturing Expansion Slows in September,Dallas Fed Manufacturing Index,"Texas Manufacturing Expansion Slows in SeptemberUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 28.1 in September 2018 from 30.9 in August, and below market expectations of 31.0. The production index dipped 6 points to 23.3 and the new orders index fell 9.2 points to 14.7, its lowest reading in six months. Other indexes of manufacturing activity also suggested slower expansion in September: growth rate of orders (down 8.4 points to a six-month low of 11.5); capacity utilization (down 3.6 points to 21.6); shipments (down 5.2 points to 20.8); employment (down 11.2 points to 17.7); and hours worked (down 6.3 points to 12.7). Expectations regarding future business conditions remained positive in September. 2018-09-24T14:44:00"
US Stocks Fall,Stock Market,"US Stocks FallUnited States Stock MarketWall Street opened in the red on Monday after news that China cancelled trade talks with the US and as a 10% US tariff came into effect. The Dow Jones was down 0.2%, the S&P fell 0.2% and the Nasdaq traded 0.5% lower around 15 minutes after the opening bell. 2018-09-24T13:53:11.633"
Chicago Fed Activity Index Above Forecasts,Chicago Fed National Activity Index,"Chicago Fed Activity Index Above ForecastsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index was steady at 0.18 in August of 2018, the same as an upwardly revised 0.18 in July and beating market expectations of 0.02. The contribution from production-related indicators increased to +0.16 in August from +0.10 in July; the sales, orders, and inventories category made a contribution of +0.07, up from +0.01; and the contribution of the personal consumption and housing category edged up to -0.04 from –0.06. On the other hand, employment-related indicators contributed –0.01, down from +0.13. The index’s three-month moving average rose to +0.24 in August from +0.02 in July.
2018-09-24T12:37:41.853"
Dow Jones Hits New Record on Friday,Stock Market,"Dow Jones Hits New Record on FridayUnited States Stock MarketWall Street closed mixed on Friday 21 September 2018 with the Dow Jones clinching a new high, as US and Canada trade talks continued and investors await next week’s Fed policy announcement. The Dow Jones gained 69 points or 0.3% to 26726. In contrast, the S&P 500 inched down 1 points or less than 0.1% to 2930, while the Nasdaq lost 41 points or 0.5% to 7987. 2018-09-21T20:07:32.84"
US Output Growth Slows to 17-Month Low: Markit,Composite Pmi,"US Output Growth Slows to 17-Month Low: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI dropped to 53.4 in September 2018 from 54.7 in the previous month, missing market consensus of 55.0. It was the lowest reading since April 2017 as services activity expanded the least since March 2017 (PMI at 52.9 vs 54.8 in August) while manufacturing growth picked up to a four-month high (PMI at 55.6 vs 54.7 in August). The overall moderation in output growth was partly due to company shutdowns on the east coast ahead of hurricane Florence.2018-09-21T13:56:00"
US Services Growth Eases to 18-Month Low: Markit,Services PMI,"US Services Growth Eases to 18-Month Low: MarkitUnited States Services PMIThe IHS Markit US Services PMI fell to 52.9 in September 2018 from 54.8 in the previous month, well below market expectations of 55.0, a preliminary estimate showed. The reading pointed to the weakest pace of expansion in the service sector since March 2017 as expectations for activity growth over the year ahead softened to the lowest since last December. Meanwhile, the rate of job creation was the fastest since May 2015 amid a renewed rise in backlogs of work and stronger new business growth. On the price front, input costs rose firmly and average prices charged by service providers increased at the fastest pace since the survey began in October 2009.2018-09-21T13:51:44.48"
US Factory Growth at 4-Month High: Markit,Manufacturing PMI,"US Factory Growth at 4-Month High: Markit United States Manufacturing PMIThe IHS Markit US Manufacturing PMI rose to 55.6 in September of 2018 from 54.7 in August, beating market expectations of 55. The reading pointed to the strongest expansion in manufacturing in four months, mainly boosted by faster increases in output and new orders, preliminary figures showed. 2018-09-21T13:50:12.853"
US Stocks Extend Rise,Stock Market,"US Stocks Extend RiseUnited States Stock MarketWall Street opened in the green on Friday, with the Dow and the S&P touching new record highs. On Thursday, the Dow notched its first record close since January and the S&P also finished at a record high as fears of a US-China trade war continue to ease after tariffs announced early in the week were lower than expected. The Dow Jones went up 0.3%, the S&P 500 gained 0.3% and the Nasdaq traded 0.2% higher around 5 minutes after the opening bell.2018-09-21T13:30:00"
Dollar Index Hits 10-week Low,currency,Dollar Index Hits 10-week LowUnited States currencyUS Dollar decreased to a 10-week low of 93.822018-09-21T07:13:22.44
Dow Jones and S&P 500 Surge to New Highs,Stock Market,"Dow Jones and S&P 500 Surge to New HighsUnited States Stock MarketWall Street closed deeply in the green on Thursday 20 September 2018 with the Dow and S&P 500 soaring to new records, as fears of a US-China trade war ease and emerging market-linked stocks continued to recover. The Dow Jones surged 251 points or 1.0% to 26657, notching its first record close since January. The S&P 500 jumped 23 points or 0.8% to 2931. The Nasdaq climbed 78 points or 1.0% to 8028.2018-09-20T20:08:11.59"
Stocks in United States Surge,stock market,Stocks in United States SurgeUnited States stock marketDow Jones increased by 1% to 266682018-09-20T19:44:20.93
US Existing Home Sales Lower than Expected,Existing Home Sales,"US Existing Home Sales Lower than ExpectedUnited States Existing Home SalesSales of previously owned houses in the US were unchanged at a seasonally adjusted annual rate of 5.34 million in August of 2018, the same as in July and remaining the lowest rate since February of 2016. It compares with market expectations of a 0.3 percent rise to 5.35 million. The median house price fell to $303,200 from $307,600 in July and the months' worth of supply was flat at 4.3. In addition, the number of houses available in the market was flat at 1.92 million. Year-on-year, existing home sales fell 1.5 percent.2018-09-20T14:06:40.437"
Dow and S&P Hit Record High,Stock Market,"Dow and S&P Hit Record HighUnited States Stock MarketWall Street opened in the green on Thursday, with the Dow and the S&P hitting record highs as trade war concerns eased. The Dow Jones went up 0.9%, the S&P 500 gained 0.6% and the Nasdaq traded 0.6% higher around 10 minutes after the opening bell. 2018-09-20T13:30:00"
Dollar Falls as Trade Fears Dissipate,Currency,"Dollar Falls as Trade Fears DissipateUnited States CurrencyThe dollar index against a basket of major currencies fell to the lowest level in near three months on Thursday as lower-than-anticipated US-China tariffs eased trade war fears. The DXY was down near 0.6% to 93.93 around 7:55 AM NY time, the lowest since June 13th. 2018-09-20T13:02:00"
Philadelphia Fed Manufacturing Index Above Forecasts,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Above ForecastsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States climbed 11 points to 22.9 in September 2018, easily beating market expectations of 17. The increase was driven by growth in new orders (up 12 points to 21.4), shipments (up 3 points to 19.6) and employment (up 3 points to 17.6). Meanwhile, the current inventories index fell 19 points and recorded its first negative reading in seven months. Expectations for the next six months remained optimistic, but most broad future indicators showed some moderation.2018-09-20T12:38:21.273"
US Jobless Claims Drop For Third Straight Week,Initial Jobless Claims,"US Jobless Claims Drop For Third Straight WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 3 thousand to 201 thousand in the week ending September 15 from the previous week's unrevised level of 204 thousand, missing market expectations of 210 thousand. Claims fell for the third straight week to hit the lowest level since November 15, 1969. According to unadjusted data, the largest decreases were seen in Illinois (-752), Iowa (-632) and Kansas (-575) while the biggest rises were reported in California (+2,470), New Jersey (+1,398) and Georgia (+1,381).



2018-09-20T12:31:00"
Dollar Index Hits 10-week Low,currency,Dollar Index Hits 10-week LowUnited States currencyUS Dollar decreased to a 10-week low of 94.032018-09-20T11:49:18.703
US Stocks Close Mixed on Wednesday,Stock Market,"US Stocks Close Mixed on WednesdayUnited States Stock MarketWall Street closed mixed on Wednesday 19 September 2018 despite Goldman and JP Morgan shares nudging bank shares higher, with investors preparing for the upcoming Fed policy meeting next week that could send interest rates higher. The Dow Jones climbed 159 points or 0.6% to 26406. The S&P 500 edged up 4 points or 0.1% to 2908. In contrast, the Nasdaq inched down 6 points or 0.1% to 7950. 
2018-09-19T20:12:41.79"
US Crude Oil Inventories Drop for 5th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Drop for 5th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 2.057 million barrels in the week ended September 14th 2018, following a 5.296 million drop in the previous week and compared with market expectations of a 2.5 million decrease. Meanwhile, gasoline inventories declined by 1.719 million barrels while markets expected a 0.104 million fall. 2018-09-19T14:34:53.51"
Stocks in United States Hit 33-week High,Stock Market,Stocks in United States Hit 33-week HighUnited States Stock MarketDow Jones increased to a 33-week high of 263182018-09-19T13:32:01.02
US Building Permits Fall to Over 1-Year Low,Building Permits,"US Building Permits Fall to Over 1-Year LowUnited States Building PermitsBuilding permits in the United States dropped 5.7 percent from the previous month to a seasonally adjusted annual rate of 1,229 thousand in August 2018, while markets were expecting a 0.1 percent decline to 1,310 thousand. Permits were at the lowest level since May 2017 as single-family authorizations fell 6.1 percent to 820 thousand and multi-family permits decreased 4.9 percent to 409 thousand. Across regions, permits declined in the Northeast (-19.2 percent to 101 thousand), West (-8.4 percent to 304 thousand), South (-2.9 percent to 646 thousand) and Midwest (-1.7 percent to 178 thousand).2018-09-19T12:36:00"
US Housing Starts Above Forecasts,Housing Starts,"US Housing Starts Above ForecastsUnited States Housing StartsHousing starts in the US jumped 9.2 percent from a month earlier to an annualized rate of 1,282 thousand in August of 2018, recovering from a 0.3 percent drop in July and beating market expectations of a 5.8 percent rise. Starts increased in the South, the Midwest and the West and were flat in the Northeast.2018-09-19T12:35:00"
US Current Account Deficit Smallest Since 2015,Current Account,"US Current Account Deficit Smallest Since 2015United States Current AccountThe US current account deficit narrowed to USD 101.5 billion or 2.0 percent of the GDP in the second quarter of 2018 from a downwardly revised USD 121.7 billion gap or 2.4 percent of the GDP in the first three months of the year and compared to market expectations of a USD 103.5 billion shortfall. It is the smallest current account gap since the last quarter of 2015. The goods deficit decreased to USD 203.2 billion from USD 220.8 billion in the first quarter of 2018, as exports rose faster than imports and the services surplus increased to USD 69.3 billion from USD 66.8 billion. Meantime, the primary income surplus fell to USD 60.8 billion from USD 61.2 billion while the secondary income gap declined to USD 28.5 billion from USD 28.9 billion.2018-09-19T12:32:00"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the United States increased 1.6 percent in the week ended September 14th 2018. It is the first rise in four weeks, data from the Mortgage Bankers Association showed. Refinance applications went up 3.7 percent while applications to purchase a home edged up 0.3 percent. The average fixed 30-year mortgage rate increased by 4bps to 4.88 percent.2018-09-19T11:03:13.85"
US Stocks Close Higher on Tuesday,Stock Market,"US Stocks Close Higher on TuesdayUnited States Stock MarketWall Street closed in the green on Tuesday 18 September 2018, as US tariffs imposed on China for about US $ 200 billion were lower than expected. The Dow Jones gained 185 points or 0.7% to 26247. The S&P 500 added 16 points or 0.5% to 2904. The Nasdaq climbed 60 points or 0.8% to 7956. 2018-09-18T20:14:00"
Foreigners Buy US Assets in July,Capital Flows,"Foreigners Buy US Assets in JulyUnited States Capital FlowsOverseas investors bought USD 52.2 billion of US assets in July of 2018, compared with the revised USD 189.7 billion purchased in June and slightly below market expectations of USD 55.7 billion. Meanwhile, foreigners bought USD 74.8 billion of long-term US securities, including government and corporate, after selling USD 36.5 billion in the previous month. Also, overseas investors bought USD 18.9 billion in Treasuries in July, compared with the USD 48.6 billion sold in the previous month. China's Treasuries holdings declined to their lowest level since January, while Japan's holdings increased.2018-09-18T20:06:00"
Stocks in United States Hit 32-week High,Stock Market,Stocks in United States Hit 32-week HighUnited States Stock MarketDow Jones increased to a 32-week high of 262492018-09-18T17:15:29.16
US Home Builder Sentiment Steady in September,Nahb Housing Market Index,"US Home Builder Sentiment Steady in SeptemberUnited States Nahb Housing Market IndexThe NAHB Housing Market Index for the US was unchanged at 67 in September of 2018, the same as in August and slightly above market expectations of 66.
The subindex for current single-family home sales edged up to 74 from 73 in August; the gauge for home sales over the next six months went up to 74 from 72 while prospective buyers was flat at 49.2018-09-18T14:07:52.363"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketWall Street opened higher on Tuesday as investors shrug off latest exchange in the trade war between the US and China. Yesterday, Trump administration announced a 10% tariff on $200 billion worth of Chinese products while today China responded with tariffs between 5% to 10% on $60 billion worth of US imports. The Dow Jones gained 0.4%, the S&P 500 went up 0.3% and the Nasdaq traded 0.6% higher around 20 minutes after the opening bell.2018-09-18T13:51:00"
Dollar Index Hits 7-week Low,currency,Dollar Index Hits 7-week LowUnited States currencyUS Dollar decreased to a 7-week low of 94.352018-09-18T06:16:16.217
US Stocks Dip ahead of US-China Trade Announcement,Stock Market,"US Stocks Dip ahead of US-China Trade Announcement United States Stock MarketWall Street closed in the red on Monday 17 September 2018 amid renewed trade tensions between the US and China on news that President Trump will announce after the closing bell what could be new tariffs on about $200 billion on Chinese imports. Tech stocks led the decline, with the Nasdaq retreating 114 points or 1.4% to 7896. The Dow Jones fell 93 points or 0.4% to 26062. The S&P 500 lost 16 points or 0.6% to 2889.
2018-09-17T20:03:14.78"
New York State Manufacturing Growth Remains Solid,NY Empire State Manufacturing Index,"New York State Manufacturing Growth Remains SolidUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States dropped 6.6 points from a month earlier to a five-month low of 19 in September 2018, missing market expectations of 23. Still, the latest reading pointed to solid manufacturing growth in New York State, as new orders and employment continued to increase firmly while shipments expansion slowed. In addition, delivery times continued to lengthen, and inventories moved higher. Price indexes were little changed and remained elevated, suggesting ongoing significant increases in both input prices and selling prices. Looking ahead, firms remained fairly optimistic about the six-month outlook.2018-09-17T12:38:00"
US Stocks Pare Gains to Close Mixed on China Tariffs News,Stock Market,"US Stocks Pare Gains to Close Mixed on China Tariffs NewsUnited States Stock MarketWall Street closed practically flat on Friday 14 September 2018 after a green start, as President Trump reportedly told aides to proceed with tariffs on US $200 billion more in Chinese products, despite recent attempts to restart trade talks. The Dow Jones edged up 9 points or less than 0.1% to 26155. The S&P 500 inched up 1 points or less than 0.1% to 2905. In contrast, the Nasdaq lost 4 points or 0.1% to 8010. 2018-09-14T20:16:20.833"
Stocks in United States Hit 32-week High,Stock Market,Stocks in United States Hit 32-week HighUnited States Stock MarketDow Jones increased to a 32-week high of 262092018-09-14T15:43:51.72
US Consumer Sentiment Surges in September,Consumer Confidence,"US Consumer Sentiment Surges in SeptemberUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US jumped to 100.8 in September of 2018 from 96.2 in August, beating market expectations of 96.7. It is the second highest level since 2004, only behind the March 2018 reading of 101.4, preliminary estimates showed. Expectations were the strongest since July of 2004, largely due to more favorable prospects for jobs and incomes and current conditions were also assessed more favorable.2018-09-14T14:07:50.603"
US Business Inventories Rise 0.6% MoM in July,Business Inventories,"US Business Inventories Rise 0.6% MoM in JulyUnited States Business InventoriesManufacturers’ and trade inventories in the United States increased 0.6 percent month-over-month to USD 1.94 trillion in July 2018, following 0.1 percent gain in June and matching market consensus. Stocks advanced at manufacturers (0.8 percent), retailers (0.5 percent) and wholesalers (0.6 percent). By kind of business, there were increases in stocks at motor vehicle & parts dealers (1.2 percent), furniture, home furniture, electronic & appliance stores (1.2 percent), building materials, garden equipment & supplies (0.7 percent), food & beverages (0.4 percent) and general merchandise stores (0.3 percent). Meanwhile, inventories declined at clothing & accessories stores (-0.2 percent). Retail inventories excluding autos, which go into the calculation of GDP, rose 0.1 percent in July.2018-09-14T14:03:00"
US Industrial Output Rises More than Expected,Industrial Production Mom,"US Industrial Output Rises More than ExpectedUnited States Industrial Production MomIndustrial production in the US increased 0.4 percent month-over-month in August of 2018, following an upwardly revised 0.4 percent rise in July and beating market expectations of a 0.3 percent increase. Manufacturing moved up 0.2 percent, boosted by a 4 percent rise in motor vehicles and parts with motor vehicle assemblies jumping to an annual rate of 11.5 million units, the strongest since April. Excluding the gain in motor vehicles and parts, factory output was unchanged.2018-09-14T13:23:43.637"
US Retail Sales Rise the Least in 6 Months,Retail Sales MoM,"US Retail Sales Rise the Least in 6 MonthsUnited States Retail Sales MoMRetail sales in the US edged up 0.1 percent month-over-month in August of 2018, following an upwardly revised 0.7 percent rise in July and well below market expectations of a 0.4 percent increase. It is the smallest gain in retail sales in six months, mainly due to falls in purchases of motor vehicles, clothing and furniture.

2018-09-14T12:36:14.817"
US Import Prices Fall the Most Since Early 2016,Import Prices MoM,"US Import Prices Fall the Most Since Early 2016United States Import Prices MoMUS import prices decreased 0.6 percent from a month earlier in August 2018, following a revised 0.1 percent drop in July and beating market expectations of a 0.2 percent fall. It was the largest monthly drop since the index decreased 1.3 percent in January 2016. Prices for import fuel went down 3.9 percent in August, after a downwardly revised 1.0 percent increase in July, led by petroleum (-3.9 percent vs 0.7 percent) and natural gas (-6.3 percent vs 18.0 percent). Also, non-fuel import prices edged down 0.1 percent, after falling 0.3 percent in the previous two months, due to non-fuel industrial supplies and materials (-2.2 percent vs -0.1 percent) and capital goods (-0.1 percent). In contrast, prices of foods, feeds, and beverages advanced (0.4 percent vs -1.6 percent). Year-on-year, import prices rose 3.7 percent, following an upwardly revised 4.9 percent increase in the previous month.




2018-09-14T12:31:00"
US Export Prices Fall 0.1% MoM in August,Export Prices MoM,"US Export Prices Fall 0.1% MoM in AugustUnited States Export Prices MoMUS export prices declined 0.1 percent month-over-month in August 2018, after a 0.5 percent fall in July and below below market expectations of a 0.1 percent gain. Prices of agricultural exports advanced 0.2 percent in August, rebounding from a 5.2 percent drop in July, as higher prices of soybeans, wheat, and corn more than offset lower prices for meat, nuts, and fruit. Meanwhile, prices of non agricultural exports decreased 0.2 percent, after being unchanged in the previous month, mainly due to cost of non agricultural industrial supplies and materials, consumer goods, and automotive vehicles. Year-on-year, export prices went up 3.6 percent, slowing from a 4.3 percent in the prior month and above market consensus of a 2.5 percent rise.2018-09-14T12:31:00"
Dollar Index Hits 6-week Low,currency,Dollar Index Hits 6-week LowUnited States currencyUS Dollar decreased to a 6-week low of 94.422018-09-14T06:47:16.967
US Stocks Extend Gains on Thursday,Stock Market,"US Stocks Extend Gains on ThursdayUnited States Stock MarketWall Street closed moderately in the green on Thursday 13 September 2018,as tech stocks led by Apple rose further as concerns over US-China trade wars retreated and emerging market stocks recovered moderately. The Dow Jones gained 147 points or 0.6% to 26146. The S&P 500 climbed 15 points or 0.5% to 2904. The Nasdaq gained 60 points or 0.8% to 8014.2018-09-13T20:12:13.747"
US August Budget Deficit Larger than Expected,Government Budget Value,"US August Budget Deficit Larger than ExpectedUnited States Government Budget ValueThe US government budget deficit nearly doubled to USD 214 billion in August 2018 from USD 108 billion in the same month of the previous year, above market expectations of USD 156.5 billion. Outlays jumped 29.7 percent to USD 433 billion while receipts decreased 3.2 percent to USD 219 billion.2018-09-13T18:04:00"
US Stocks Rise after Inflation,Stock Market,"US Stocks Rise after InflationUnited States Stock MarketWall Street opened higher on Thursday after inflation fell to a lower-than-expected of 2.7% in August, easing concerns the Fed will tighten further. The Dow Jones gained 0.5%, the S&P 500 added 0.5% and the Nasdaq traded 0.9% higher around 11 minutes after the opening bell2018-09-13T13:45:03.68"
Dollar Index Hits 6-week Low,currency,Dollar Index Hits 6-week LowUnited States currencyUS Dollar decreased to a 6-week low of 94.432018-09-13T13:28:13.98
US Jobless Claims Remain Near 49-Year Low,Initial Jobless Claims,"US Jobless Claims Remain Near 49-Year LowUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 1 thousand to 204 thousand in the week ending September 8 from the previous week's upwardly revised level of 205 thousand and missing market consensus of 210 thousand. This is the lowest level for initial claims since December 6, 1969 when it was 202 thousand. According to unadjusted data, the largest declines were reported in California (-3,708), New York (-3,688) and Pennsylvania (-956) while the biggest increases were seen in Iowa (+803), Wisconsin (+645) and Kansas (+582).2018-09-13T12:32:00"
US Inflation Rate Slows to 2.7%,Inflation Rate,"US Inflation Rate Slows to 2.7% United States Inflation RateAnnual inflation rate in the US fell to 2.7 percent in August of 2018 from 2.9 percent in July and below market expectations of 2.8 percent. It is the lowest reading in four months amid a slowdown in cost of fuel, gasoline and shelter. On a monthly basis, consumer prices increased 0.2 percent, the same as in July and lower than forecasts of 0.3 percent.2018-09-13T12:32:00"
US Crude Oil Inventories Drop for 4th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Drop for 4th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 5.296 million barrels in the week ended September 7th 2018, following a 4.302 million drop in the previous week and compared with market expectations of a 0.805 million decrease. Meanwhile, gasoline inventories rose by 1.25 million barrels while markets expected a 1.321 million increase. 2018-09-12T14:34:26.583"
US Producer Prices Post 1st Drop in 1-1/2 Years,Producer Price Inflation MoM,"US Producer Prices Post 1st Drop in 1-1/2 YearsUnited States Producer Price Inflation MoMProducer prices for final demand in the US fell unexpectedly by 0.1 percent in August 2018, after being unchanged in July and missing market expectations of a 0.2 percent gain. It was the first monthly decrease in producer prices since February 2017, as prices of services edged down 0.1 percent for the second straight month led by a 0.9 percent decline in cost of trade services. Meanwhile, prices of goods were unchanged, following a 0.1 percent advance in July, as a drop in food costs (-0.6 percent) offset an increase in energy prices (0.4 percent). The core index, which excludes food and energy, dropped 0.1 percent in August, also below market consensus of a 0.2 percent gain. On a yearly basis, producer prices grew 2.8 percent and the core index rose 2.3 percent.2018-09-12T12:32:00"
US Mortgage Applications Fall Further: MBA,Mortgage Applications,"US Mortgage Applications Fall Further: MBAUnited States Mortgage ApplicationsMortgage applications in the United States dropped 1.8 percent in the week ended September 7th 2018, following a 0.1 percent decline in the previous week, data from the Mortgage Bankers Association showed. Refinance applications fell 5.9 percent while applications to purchase a home went up 0.9 percent. The average fixed 30-year mortgage rate increased by 4bps to 4.84 percent.2018-09-12T11:04:17.407"
US Stocks Rebound on Tuesday,Stock Market,"US Stocks Rebound on TuesdayUnited States Stock MarketWall Street rebounded moderately on Tuesday 11 September 2018, as tech shares recovered led by Apple and Netflix. The Dow Jones gained 114 points or 0.4% to 25971. The S&P 500 rose 11 points or 0.4% to 2888. The Nasdaq climbed 48 points or 0.6% to 7973.2018-09-11T20:02:52.153"
US Stocks Recover,Stock Market,"US Stocks RecoverUnited States Stock MarketWall Street traded higher on Tuesday afternoon, due to a rebound in tech shares and after opening in the red. Apple led the rise after UBS increased its target price to $250 from $215. The Dow Jones was up 0.6%, the S&P 500 gained 0.5% and the Nasdaq traded 0.7% higher around 12:05 PM NY time.
2018-09-11T16:14:00"
US Wholesale Inventories Revised Slightly Lower,Wholesale Inventories,"US Wholesale Inventories Revised Slightly LowerUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.6 percent month-over-month to USD 636.3 billion in July of 2018, higher than a 0.1 percent rise in June but below a preliminary estimate of 0.7 percent. Stocks rebounded for nondurable goods (0.3 percent compared to -1 percent in June), namely drugs (0.5 percent compared to -0.7 percent) and farm products (1.4 percent compared to -5.5 percent). Stocks also increased for durable goods (0.85 percent compared to 0.9 percent in June), mainly due to machinery (1.2 percent, the same as in June), electrical (0.3 percent compared to 0.1 percent) and professional equipment (1.5 percent compared to 1.3 percent). Year-on-year, inventories rose 5 percent. 2018-09-11T14:08:40.527"
US Job Openings Hit Record High in July,Job Offers,"US Job Openings Hit Record High in JulyUnited States Job OffersThe number of job openings rose to an all-time high of 6.939 million in July 2018 from an upwardly revised 6.822 million in the previous month, and way above market expectations of 6.68 million. The increase in openings was driven by a surge of vacancies in finance and insurance firms (46,000) and nondurable goods manufacturing (32,000), while there was a decline in retail trade (-85,000), educational services (-34,000), and federal government (-19,000). Meanwhile, hiring increased to 5.679 million in July from 5.677 million in June.2018-09-11T14:05:00"
US Small Business Optimism at Record High,NFIB Business Optimism Index,"US Small Business Optimism at Record HighUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US rose to 108.8 in August of 2018 from 107.9 in July, beating market expectations of 108.2. It is a new record high reading, topping 108 in July of 1983, driven by small business owners executing on the plans they’ve put in place due to dramatic changes in the nation’s economic policy. Increases were seen in plans to increase employment (+3 to 26); make capital outlays (+3 to 33); increase inventories (+6 to 10); current job openings (+1 to 38); earnings trend (+2 to 1) and good time to expand (2 to 34). On the other hand, declines were seen in the sub-indices for economy expected to improve (1 to 34), higher retail sales (-3 to 26), current inventories (-3 to -3) and credit conditions (-2 to -6). 
2018-09-11T10:15:50.887"
US Consumer Credit Beats Expectations,Consumer Credit,"US Consumer Credit Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 16.6 billion in July 2018, following a downwardly revised USD 8.5 billion gain in the previous month and above market expectations of a USD 13.0 billion rise. Revolving credit including credit card borrowing edged up USD 1.2 billion, compared with a USD 1.2 billion decline in June. Meantime, nonrevolving credit including loans for education and automobiles climbed by USD 15.4 billion, after rising by USD 9.6 billion in the prior month.2018-09-10T19:05:33.363"
US Stocks Edge Down on Friday,Stock Market,"US Stocks Edge Down on FridayUnited States Stock MarketWall Street closed modestly in the red on Friday 7 September 2018, as tech stocks declined for the fourth straight day and President Trump said that he is ready to hit China with another USD 267 billion in tariffs. The Dow Jones retreated 79 points or 0.3% to 25917. The S&P 500 lost 6 points or 0.2% to 2872. The Nasdaq fell 30 points or 0.3% to 7903. 2018-09-07T20:17:35.197"
US Stocks Trade Lower after Strong Jobs Report,Stock Market,"US Stocks Trade Lower after Strong Jobs ReportUnited States Stock MarketUS stock markets opened in the red on Friday amid rising expectations of an additional interest rate hike in December from the Fed after data showed job growth accelerated in August and wages increased the most since June 2009. The Dow Jones fell 91 points, or 0.4%, to 25,905; the S&P 500 lost 7 points, or 0.2%, to 2,872; and the Nasdaq declined 9 points, or 0.1%, to 7,914 around 15 minutes after the opening bell.2018-09-07T13:50:21.003"
US Jobless Rate Holds Steady at 3.9%,Unemployment Rate,"US Jobless Rate Holds Steady at 3.9%United States Unemployment RateThe US unemployment rate was unchanged at 3.9 percent in August 2018, above market expectations of 3.8 percent. Still, the jobless rate remained close to May's 18-year low as the number of unemployed declined by 46 thousand to 6.23 million and employment fell by 423 thousand to 155.54 million.2018-09-07T12:33:00"
US Economy Adds More Jobs than Expected,Non Farm Payrolls,"US Economy Adds More Jobs than ExpectedUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 201 thousand in August of 2018, following a downwardly revised 147 thousand in July and above market expectations of 191 thousand. Employment increased in professional and business services, health care, wholesale trade, transportation and warehousing, and mining.
2018-09-07T12:32:00"
"US Wages Rise 0.4% MoM in August, Above Forecasts",Average Hourly Earnings,"US Wages Rise 0.4% MoM in August, Above ForecastsUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 10 cents to USD 27.16, or 0.4 percent, in August 2018, following an unrevised 0.3 percent gain in July and above expectations of a 0.2 percent gain. Over the year, average hourly earnings have increased by 77 cents, or 2.9 percent, the largest increase since June 2009, from 2.7 percent in July. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to USD 22.73 in August.

2018-09-07T12:32:00"
US Tech Stocks Extend Sell-Off,Stock Market,"US Tech Stocks Extend Sell-OffUnited States Stock MarketWall Street closed mixed on Thursday 6 September 2018, as emerging market stocks recovered modestly and President Trump hinted that a trade war with Japan could come next in his agenda. The Dow Jones edged up 21 points or 0.1% to 25996. The S&P 500 retreated 11 points or 0.4% to 2878. The Nasdaq plunged 73 points or 0.9% to 7923.2018-09-06T20:27:15.14"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 4.302 million barrels in the week ended August 31st 2018, following a 2.566 million drop in the previous week and compared with market expectations of a 1.294 million decrease. Meanwhile, gasoline inventories rose by 1.845 million barrels while markets expected a 0.81 million fall. 2018-09-06T15:02:08.143"
US Services Growth Rebounds: ISM,Non Manufacturing PMI,"US Services Growth Rebounds: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States rose to 58.5 in August of 2018 from 55.7 in July, beating market expectations of 56.8. Logistics, tariffs and employment resources continue to have an impact on many of the respective industries. Overall, the respondents remain positive about business conditions and the economy.2018-09-06T14:07:00"
US Factory Orders Post Biggest Fall in 6 Months,Factory Orders,"US Factory Orders Post Biggest Fall in 6 MonthsUnited States Factory OrdersNew orders for factory goods made in the US dropped 0.8 percent from a month earlier in July 2018, following a downwardly revised 0.6 percent growth in June and compared with market expectations of a 0.6 percent decline. It was the sharpest decrease in industrial orders since January mainly due to lower demand for transportation equipment (-5.2 percent vs 2 percent in June), in particular civilian aircraft and parts (-35.4 percent vs 1.3 percent) and defense aircraft and parts (-34.4 percent vs 19.8 percent). Orders also fell for fabricated metal products (-0.3 percent vs -0.6 percent), and electrical equipment, appliances and components (-0.2 percent vs 1.5 percent). Meanwhile, there were increases in orders for machinery (0.8 percent vs 0.3 percent), primary metals (0.2 percent vs -0.2 percent) and computers and electronic products (0.9 percent vs 0.8 percent).2018-09-06T14:04:00"
US Services PMI Revised Down: Markit,Services PMI,"US Services PMI Revised Down: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised lower to 54.8 in August of 2018 from a preliminary of 55.2 and below 56 in July. The reading pointed to the slowest growth in the services sector since April as new business rose the least in eight months, backlogs contracted for the second month and job creation was the lowest in seven months. Input inflation eased to a five-month low although anecdotal evidence suggested that higher cost burdens stemmed from greater purchases prices (largely driven by tariffs) and a rise in fuel costs. Finally, business confidence improved, driven by planned investment, greater marketing activity and a sustained rise in new business.2018-09-06T13:51:28.657"
US Private Sector Growth Eases to 5-Month Low: Markit,Composite Pmi,"US Private Sector Growth Eases to 5-Month Low: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI came in at 54.7 in August 2018, below a preliminary estimate of 55 and July's final figure of 55.7. The latest reading pointed to the slowest pace of expansion in the private sector since March, as a loss of momentum was recorded in both the manufacturing (PMI at nine-month low of 54.7 vs 55.3 in July) and service sectors (PMI at four-month low of 54.8 vs 56 in July).2018-09-06T13:49:15.163"
US Labor Productivity Growth Confirmed at 3-Year High,Productivity,"US Labor Productivity Growth Confirmed at 3-Year HighUnited States ProductivityLabor productivity in the US non-farm business sector rose an annualized 2.9 percent during the second quarter of 2018, unrevised from the preliminary reading and following a 0.3 percent gain in the previous three-month period. It was the largest quarterly gain since the first quarter of 2015, as output grew 5 percent and hours worked rose at a slower 2 percent. Year-on-year, productivity advanced 1.3 percent, reflecting a 3.5 percent growth in output and a 2.2-percent increase in hours worked.2018-09-06T12:34:00"
US Labour Costs Fall 1% in Q2,Labour Costs,"US Labour Costs Fall 1% in Q2United States Labour CostsUS unit labor costs in the nonfarm business sector decreased 1.0 percent in the second quarter of 2018, revised from a 0.9 percent fall in a preliminary estimate, after rising 3.4 percent in the previous three-month period and compared to market expectations of a 0.9 percent decline, final figures showed. Productivity increased 2.9 percent while hourly compensation advanced at a softer 1.9 percent. On a yearly basis, unit labor costs rose 1.9 percent.2018-09-06T12:32:00"
US Jobless Claims Unexpectedly Fall to Near 49-Year Low,Initial Jobless Claims,"US Jobless Claims Unexpectedly Fall to Near 49-Year LowUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits went down by 10 thousand to 203 thousand in the week ending September 1 from the previous week's unrevised level of 213 thousand while markets had expected a slight increase to 214 thousand. This is the lowest level since December 6,1969 when it was 202,000. However, the Labor Day holiday was observed on Monday which could have influenced the estimates. According to unadjusted data, the largest declines were reported in Michigan (-1,606), Florida (-890) and New York (-837) while the biggest rises were seen in Indiana (+1,085), Washington (+665), Illinois (+597) and Ohio (+466).
2018-09-06T12:31:00"
US Private Sector Adds the Least Jobs in 10 Months,ADP Employment Change,"US Private Sector Adds the Least Jobs in 10 MonthsUnited States ADP Employment ChangePrivate businesses in the United States hired 163 thousand workers in August of 2018, compared with a downwardly revised 217 thousand in July and missing market expectations of 190 thousand. It is the lowest reading in ten months. The service-providing sector added 139 thousand jobs, boosted by professional and business (38 thousand); education and health (31 thousand); leisure and hospitality (25 thousand); trade, transportation and utilities (21 thousand); information (8 thousand); other services (8 thousand); and financial activities (7 thousand). The goods-producing sector added 24 thousand jobs supported by manufacturing (19 thousand) and construction (5 thousand) while natural resources and mining shed 1 thousand jobs. Midsized companies were the ones hiring the most workers (111 thousand), followed by large (31 thousand) and small (21 thousand).2018-09-06T12:18:00"
US Companies Cut the Most Jobs in 5 Months: Challenger,Challenger Job Cuts,"US Companies Cut the Most Jobs in 5 Months: ChallengerUnited States Challenger Job CutsJob cuts announced by US-based employers jumped 41.7 percent month-over-month and 13.7 percent year over year to 38,427 in August of 2018, the most since March. Industrial Goods manufacturers announced the most redundancies (10,188) followed by consumer products (4,716), retail (3,715) and financial (2,925). Half of the cuts in industrial goods category were announced by Johnson Controls, which plans to cut 9,200 jobs by 2020 while also adding 900 sales jobs by the end of the year. Last month also saw an increase in companies attributing job cuts to tariffs (521), specifically tariffs on imported steel, which are ongoing, and newsprint, which have recently been overturned. So far this year, employers have announced 310,773 cuts, 7.5 percent higher than the 289,132 cuts announced through this point last year. Meanwhile, hiring announcements increased to 17,274 in August, the highest total since February. 2018-09-06T11:40:00"
US Stocks Close Mixed amid Tech Sell-off,Stock Market,"US Stocks Close Mixed amid Tech Sell-off United States Stock MarketWall Street closed mixed on Wednesday 5 September 2018, as trade policy uncertainty and emerging market volatility triggered a selloff in tech shares. The Dow Jones edged up 23 points or 0.1% to 25975. The S&P 500 lost 8 points or 0.3% to 2889. The Nasdaq plunged 96 points or 1.2% to 7995. 2018-09-05T20:15:00"
Most US Stocks Fall,Stock Market,"Most US Stocks FallUnited States Stock MarketWall Street traded mostly in the red on Wednesday among sell off in tech shares, following losses in Europe and in Asia as investors awaited new round of NAFTA talks between US and Canada. A sell-off in emerging markets currencies and stocks also weighed on investors' mood. The Dow traded nearly flat, the S&P 500 dropped 0.3% and the Nasdaq was down 0.9% around 10:10 AM NY time. 2018-09-05T14:18:00"
ISM New York Index at New 2006-High,Ism New York Index,"ISM New York Index at New 2006-HighUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States rose to 76.5 in August, from 75 in July and reaching a new high since November of 2006. Stronger growth was reported in quantity of purchases (66.7 from 60), current (83.3 from 60) and expected revenues (87.5 from 86.7) while a small slowdown was seen in employment (62 from 62.2) and price pressures intensified (78.6 from 70). The Six-Month Outlook rose to an 8-month high of 79.9 from 77.8 in July.2018-09-05T13:53:00"
US Imports Hit Record High in July,Imports,"US Imports Hit Record High in JulyUnited States ImportsImports to the United States were USD 261.2 billion in July of 2018, hitting a record high and USD 2.2 billion higher than in June. Petroleum imports were the highest since December 2014 (USD 20.3 billion), due to higher cost of oil. Shipments also increased for capital goods (USD 0.7 billion), namely computers (USD 0.5 billion), computer accessories (USD 0.3 billion) and other goods (USD 0.7 billion). Additionally, purchases rose for industrial supplies and materials (USD 0.5 billion), mainly fuel oil (USD 0.3 billion), crude oil (USD 0.3 billion) and automotive vehicles, parts, and engines (USD 0.5 billion). Imports of services increased by USD 0.3 billion to USD 47.2 billion, mostly due to travel (for all purposes including education) and other business services.
2018-09-05T12:35:00"
US Exports Fall 1% MoM in July,Exports,"US Exports Fall 1% MoM in JulyUnited States ExportsExports from the United States were USD 211.1 billion in July of 2018, 1 percent or USD 2.1 billion less than in June. Sales declined mainly due to capital goods (USD 0.9 billion); civilian aircraft (USD 1.6 billion); foods, feeds, and beverages (USD 0.9 billion), namely soybeans (USD 0.7 billion) and other goods (USD 0.5 billion). Meanwhile, exports of services increased by USD 0.2 billion to USD 70.3 billion, mostly due to charges for the use of intellectual property (USD 0.1 billion) and other business services, which includes research and development services; professional and management services; and technical, trade-related, and other services (USD 0.1 billion).2018-09-05T12:35:00"
US Trade Gap at 5-Month High,Balance of Trade,US Trade Gap at 5-Month HighUnited States Balance of TradeThe US trade deficit widened by 9.5% to USD 50.1 billion in July from a downwardly revised USD 45.7 billion in June. It is the highest trade gap in five months as imports hit a new record high and exports declined 1% as shipments of soybeans and civilian aircraft fell sharply. 2018-09-05T12:32:00
US Mortgage Applications Fall Slightly in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Fall Slightly in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States edged down 0.1 percent in the week ended August 31st 2018, following a 1.7 percent drop in the previous week, data from the Mortgage Bankers Association showed. Refinance applications decreased 1.4 percent while applications to purchase a home went up 0.6 percent. The average fixed 30-year mortgage rate increased by 2bps to 4.8 percent.2018-09-05T11:03:24.6"
US IBD/TIPP Economic Optimism Below Expectations,Economic Optimism Index,"US IBD/TIPP Economic Optimism Below ExpectationsUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index fell to 55.7 in September 2018 from 58 in the previous month, hitting its lowest level in three months and below market expectations of 57.8. The Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, dropped 3.5 points to 53.3; and the Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, declined 2.5 points to 62.6. Meantime, the Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, went down 0.8 points to 51.3, still remaining in positive territory. 2018-09-04T14:08:00"
US Factory Growth Highest since 2004: ISM,Business Confidence,"US Factory Growth Highest since 2004: ISM United States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US jumped to 61.3 in August of 2018 from 58.1 in the previous month, beating market expectations of 57.7. The reading pointed to the highest expansion in factory activity since May of 2004 amid faster increases in new orders, production, employment and inventories and lower inflationary pressures. However, manufacturers remain overwhelmingly concerned about tariff-related activity, including how reciprocal tariffs will impact company revenue and current manufacturing locations.2018-09-04T14:07:00"
US Construction Spending Rises Less than Expected,Construction Spending,"US Construction Spending Rises Less than ExpectedUnited States Construction SpendingUS construction spending edged up 0.1 percent from a month earlier to a seasonally adjusted annual rate of USD 1.32 trillion in July 2018, following a downwardly revised 0.8 percent drop in June and missing market expectations of a 0.5 percent gain. Investment in public construction projects rose 0.7 percent in July (-1.7 percent in June), boosted by a rebound in spending on federal government construction projects (2.5 percent vs -3 percent). Meanwhile, private residential projects outlays fell 0.1 percent (vs -0.5 percent in June) as spending on private nonresidential structures, which includes manufacturing and power plants, dropped 1 percent, the biggest decline since August 2017. Year-on-year, construction spending increased 5.8 percent in July.2018-09-04T14:04:00"
The Dow Jones Index decreasing 0.50%,Stock Market,"The Dow Jones Index decreasing 0.50%United States Stock MarketUnited States Stock Market is falling 130 points. Losses were driven by Nike (-2.57%), General Electric (-1.89%) and Verizon (-1.81%). Biggest rises came from Home Depot (0.35%), Chevron (0.34%) and Visa (0.33%).2018-09-04T14:00:03.07"
US Manufacturing PMI Revised Higher: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Higher: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised higher to 54.7 in August of 2018 from a preliminary of 54.5 but remained below 55.3 in July. The reading pointed to the slowest expansion in factory activity since November as rates of output and new order growth eased although remained solid. On the other hand, business confidence reached the highest in three months.
2018-09-04T13:50:35.27"
Dollar Rises on Trade War Concerns,Currency,"Dollar Rises on Trade War ConcernsUnited States CurrencyThe dollar index against a basket of major currencies was up 0.5% to 95.52 around 10:00 AM London time on Tuesday as investors await further developments on global trade. Negotiations between the US and Canada on NAFTA are expected to resume this Wednesday after ending with no progress last week. Also, the public comment period on new tariffs on Chinese goods is set to end on Thursday, after which President Trump can start imposing tariffs on $200 billion more of Chinese imports.2018-09-04T09:07:28.88"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street closed mixed on Friday 31 August 2018, as trade talks between the United States and Canada are set to restart next week and President Trump seeks a deal in 90 says. The Dow Jones edged down 24 points or 0.1% to 25963. The S&P 500 stood practically unchanged at 2902. In contrast, the Nasdaq gained 21 points or 0.3% to 8110. 2018-08-31T20:07:59.517"
Chicago PMI Falls Less than Anticipated,Chicago Pmi,"Chicago PMI Falls Less than AnticipatedUnited States Chicago PmiThe Chicago Business Barometer for the US declined to 63.6 in August of 2018 from 65.5 in July, higher than market expectations of 63. It is the first drop in the barometer in five months as a softening in supplier deliveries, order backlogs and employment offset gains in production and new orders. Despite the decline, the barometer still sits 6.9 percent higher on the year and continues to signal robust business conditions.2018-08-31T14:16:00"
US Consumer Sentiment Revised Up in August,Consumer Confidence,"US Consumer Sentiment Revised Up in AugustUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to 96.2 in August of 2018 from 95.3 in the preliminary estimate. It compares with 97.9 in July and market expectations of 95.5. Yet, it is the lowest reading since January as current conditions were seen the weakest since November of 2016.2018-08-31T14:07:51.907"
The Dow Jones Index fell 0.53%,Stock Market,"The Dow Jones Index fell 0.53%United States Stock MarketUnited States Stock Market dropped 138 points. Losses were led by Caterpillar (-1.88%), Nike (-1.71%) and DowDuPont Inc (-1.71%). Offsetting the fall, top gainers were Apple (0.91%), Walmart (0.55%) and Verizon (0.39%).2018-08-30T20:30:03.517"
US Personal Income Rises 0.3% MoM in July,Personal Income,"US Personal Income Rises 0.3% MoM in JulyUnited States Personal IncomePersonal income in the United States rose 0.3 percent month-over-month in July of 2018, easing from 0.4 percent in the previous month and in line with market expectations. Wages and salaries increased 0.4 percent, the same pace as in June and disposable income went up 0.3 percent (0.4 percent in June). The saving rate was 6.7 percent, slightly below a 6.8 percent gain in the prior month.2018-08-30T13:01:00"
US PCE Prices Rise 0.1% MoM in July,PCE Price Index Monthly Change,"US PCE Prices Rise 0.1% MoM in JulyUnited States PCE Price Index Monthly ChangeThe personal consumption expenditures (PCE) price index in the United States increased 0.1 percent month-over-month in July of 2018, the same as in the previous month and matching market expectations. Prices for goods were unchanged after declining 0.1 percent in June, as those of durable goods rebounded (0.4 percent compared to -0.3 percent in June) while non-durables dropped 0.2 percent (0.1 percent in June). Cost of services rose 0.2 percent, the same as in the prior month. Excluding food and energy, PCE prices went up 0.2 percent, higher than a 0.1 percent rise in June and in line with market forecasts. Year-on-year, the PCE price index advanced 2.3 percent, after a 2.2 percent gain in the prior month, and the core index rose 2.0 percent, following a 1.9 percent increase in June.2018-08-30T12:39:00"
US Personal Spending Rises Solidly in July,Personal Spending,"US Personal Spending Rises Solidly in July United States Personal SpendingPersonal spending in the United States rose 0.4 percent from a month earlier in July 2018, the same pace as in June and in line with market expectations. There was an increase in spending for nondurables and services while consumption of durable goods fell for the second consecutive month.2018-08-30T12:39:00"
US Jobless Claims Rise Slightly Less than Expected,Initial Jobless Claims,"US Jobless Claims Rise Slightly Less than Expected United States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits rose by 3 thousand to 213 thousand in the week ending August 25 from the previous unrevised level of 210 thousand. It was the first rise in jobless claims after three straight weeks of decline and compares with market expectations of 214 thousand. According to unadjusted data, the biggest increases were reported in New York (+4,904), Michigan (+836), Pennsylvania (+583) and Washington (+575) while the largest declines were seen in California (-919), New Jersey (-987) and Georgia (-745).


2018-08-30T12:31:00"
US Stocks Close Higher on Wednesday,Stock Market,US Stocks Close Higher on WednesdayUnited States Stock MarketWall Street closed higher on Wednesday 29 August 2018 with the S&P and the Nasdaq hitting new record highs after the GDP growth for Q2 was revised higher to 4.2% from 4.1% and the US and Canada started NAFTA negotiations. The Dow Jones gained 61 points or 0.2% to 26125. The S&P 500 advanced 17 points or 0.6% to 2914. The Nasdaq surged 80 points or 1.0% to 8110.2018-08-29T20:07:44.67
"US Stocks Rise on GDP, Canada Talks",Stock Market,"US Stocks Rise on GDP, Canada TalksUnited States Stock MarketWall Street traded higher on Wednesday morning with the S&P and the Nasdaq hitting new record highs after the GDP growth for Q2 was revised higher to 4.2% from 4.1% and the US and Canada started NAFTA negotiations. The Dow Jones went up 0.3%, the S&P 500 gained 0.5% and the Nasdaq traded 0.8% higher around 11:35 AM NY time. 2018-08-29T15:14:00"
US Crude Oil Stocks Decrease for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Stocks Decrease for 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 2.566 million barrels in the week ended August 24th 2018, following a 5.836 million drop in the previous week and compared with market expectations of a 0.686 million decrease. Meanwhile, stocks of gasoline went down by 1.554 million barrels while markets expected a 0.37 million rise. 2018-08-29T14:33:55.78"
US Pending Home Sales Continue to Fall,Pending Home Sales,"US Pending Home Sales Continue to FallUnited States Pending Home SalesContracts to buy previously owned homes in the United States shrank 2.3 percent year-on-year in July of 2018, following a downwardly revised 2.4 percent drop in June. It marks the seventh consecutive month of annual declines in pending home sales. Sales fell in the West (-5.8 percent), the Northeast (-2.3 percent), the Midwest (-1.5 percent) and the South (-0.9 percent). On a month-over-month basis, sales dropped 0.7 percent, after a 1 percent jump in June and compared to market expectations of a 0.3 percent gain. 2018-08-29T14:07:09.87"
US Corporate Profits Rise Less than Expected,Corporate Profits,"US Corporate Profits Rise Less than ExpectedUnited States Corporate ProfitsCorporate profits in the United States increased by USD 47.3 billion, or 2.4 percent, to an all-time high of USD 2,012.6 billion in the second quarter of 2018, following a downwardly revised 8.2 percent jump in the previous period and missing market expectations of an 8.6 percent advance. Undistributed profits rose by USD 38.4 billion, or 5.1 percent, to USD 790.5 billion, and net dividends grew by USD 8.9 billion, or 0.7 percent, to USD 1,222.1 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, increased by USD 66.3 billion, or 2.7 percent, to USD 2,565 billion.2018-08-29T12:36:00"
US GDP Growth Revised Higher to 4.2% in Q2,GDP Growth Rate,"US GDP Growth Revised Higher to 4.2% in Q2United States GDP Growth RateThe US economy advanced an annualized 4.2 percent on quarter in the second quarter of 2018, slightly higher than a preliminary reading of 4.1 percent and beating market forecasts of 4 percent, the second estimate showed. It is the highest growth rate since the third quarter of 2014, as nonresidential fixed investment rose more than anticipated, mainly boosted by software and information processing equipment and imports fell, mainly due to petroleum. 2018-08-29T12:33:00"
US Mortgage Applications Fall Again: MBA,Mortgage Applications,"US Mortgage Applications Fall Again: MBAUnited States Mortgage ApplicationsMortgage applications in the United States declined 1.7 percent in the week ended August 24th 2018, after rising 4.2 percent in the previous week which was the first increase in six weeks, data from the Mortgage Bankers Association showed. Applications to purchase a home went down 0.9 percent and refinance applications decreased 3 percent. The average fixed 30-year mortgage rate fell by 3bps to 4.78 percent.2018-08-29T11:04:11.153"
US Fifth District Manufacturing Activity Expands Solidly,Richmond Fed Manufacturing Index,"US Fifth District Manufacturing Activity Expands SolidlyUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose by 4 points to 24 in August 2018, easily beating market expectations of 18. An increase was seen in all three main components: shipments (23 vs 16 in July); new orders (25 vs 22); and employment (25 vs 22). Still, manufacturing firms continued to struggle to find workers with the skills they needed, as this indicator dropped to -17 (vs -16 in July), its lowest value on record. Respondents remained optimistic in August, expecting growth to continue in the coming months.2018-08-28T14:17:19.417"
Stocks in United States Hit 29-week High,Stock Market,Stocks in United States Hit 29-week HighUnited States Stock MarketDow Jones increased to a 29-week high of 261312018-08-28T13:30:04.857
US House Prices Rise Less than Expected: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise Less than Expected: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-City Composite Home Price Index in the US rose 6.3 percent year-on-year in June of 2018, following a 6.5 percent increase in May and below market expectations of 6.5 percent. Las Vegas recorded the biggest increase (10.3 percent), followed by Seattle (12.8 percent) and San Francisco (10.7 percent). Meanwhile, the national index, covering all nine US census divisions rose 6.2 percent in June, lower than 6.4 percent in the previous month.2018-08-28T13:07:04.53"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyUS Dollar decreased to a 4-week low of 94.492018-08-28T12:42:54.57
US Wholesale Inventories Beat Estimates in July,Wholesale Inventories,"US Wholesale Inventories Beat Estimates in JulyUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.7 percent month-over-month to USD 637.0 billion in July of 2018, following an unrevised 0.1 percent gain in June and well above market expectations of a 0.2 percent fall, the advanced estimate showed. Stocks of durable goods advanced 0.9 percent (the same as in June) and those of non-durable goods went up 0.2 percent (vs -1.0 percent in June). Year-on-year, inventories rose 5.2 percent.2018-08-28T12:35:00"
US Stocks Surge on Trade Deal,Stock Market,"US Stocks Surge on Trade DealUnited States Stock MarketWall Street finished deeply in the green on Monday 27 August 2018, with the S&P and the Nasdaq closing at new record highs after the US and Mexico reached a deal that paved the way to replace NAFTA. The Dow Jones surged 259 points or 1.0% to 26050. The S&P 500 climbed 22 points or 0.8% to 2897. The Nasdaq jumped 72 points or 0.9% to 8018. 2018-08-27T20:12:00"
Stocks in United States Surge,stock market,Stocks in United States SurgeUnited States stock marketDow Jones increased by 1% to 260462018-08-27T19:30:16.43
Dallas Fed Manufacturing Index Below Forecasts,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Below ForecastsUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 30.9 in August of 2018 from 32.3 in July, below market expectations of 36.9. Smaller growth rates were seen in production (29.3 from 29.4), shipments (26 from 30.8), hours worked (19 from 22.2) and capital expenditures (25.1 from 26.6). On the other hand, finished goods inventories rebounded (13.9 from -1.9) and improvements were recorded for new orders (23.9 from 23.3) and wages and benefits (33.4 from 32.4) while the gauge for employment was flat at 28.9. Price pressures eased for both prices paid for raw materials (45.3 from 48.6) and received for finished goods (15.3 from 22.9). The index for future company outlook increased to 27.3 from 20.4.2018-08-27T14:41:00"
US Stocks Rise on NAFTA News,Stock Market,"US Stocks Rise on NAFTA NewsUnited States Stock MarketWall Street opened in the green on Monday, with the S&P and the Nasdaq reaching new record highs after news that the US and Mexico reached a preliminary deal on NAFTA and an announcement is expected later in the day. The Dow Jones jumped 0.6%, the S&P 500 gained 0.5% and the Nasdaq traded 0.6% higher around 5 minutes after the opening bell.
2018-08-27T13:30:00"
US Chicago Fed Index Matches Forecasts,Chicago Fed National Activity Index,"US Chicago Fed Index Matches ForecastsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index fell to 0.13 in July 2018 from an upwardly revised 0.48 in June and matching market expectations. Production-related indicators contributed +0.05 to the index (vs +0.45 in June), as industrial production edged up 0.1 percent after jumping 1 percent in June. Also, the sales, orders, and inventories category made a contribution of +0.03, down slightly from +0.06 in June; and the contribution of the personal consumption and housing category ticked down to –0.07 from –0.06, mainly due to a deterioration in consumption indicators. On the other hand, employment-related indicators contributed +0.12, higher than +0.03 in June. The index’s three-month moving average, moved down to +0.05 in July from +0.20 in June.2018-08-27T12:39:55.227"
US Stocks Close Higher on Friday,Stock Market,"US Stocks Close Higher on FridayUnited States Stock MarketWall Street traded higher on Friday 24 August 2018, with the S&P and the Nasdaq hitting record highs after Fed Chair Powell said at the Jackson Hole symposium that further and gradual rate hikes remain appropriate and following better-than-expected earnings report from companies including Lowe's and Target, as well as a 5.5% jump in Netflix shares. The Dow Jones climbed 133 or 0.5% to 25790. The S&P 500 gained 18 points or 0.6% to 2875. The Nasdaq advanced 68 points or 0.9% to 7946.2018-08-24T20:18:05.867"
US Stocks Rise After Powell Speech,Stock Market,"US Stocks Rise After Powell SpeechUnited States Stock MarketWall Street traded higher on Friday, with the S&P and the Nasdaq hitting record highs after Fed Chair Powell said at the Jackson Hole symposium that further and gradual rate hikes remain appropriate and following better-than-expected earnings report from companies including Lowe's and Target. The Dow Jones was up 0.6%, the S&P 500 gained 0.6% and the Nasdaq traded 0.8% higher around 12:15 PM NY time.2018-08-24T16:26:50.957"
Dollar Falls on Friday,Currency,Dollar Falls on FridayUnited States CurrencyThe dollar index against a basket of major currencies extended the declines on Friday after Fed Chair Powell said there is no clear sign of inflation rising above 2% and there does not seem to be an elevated risk of overheating. Fed Chair also added that further and gradual rate hikes remain appropriate. The DXY was down 0.4% to 95.26 around 10:40 AM NY time.2018-08-24T14:45:20.163
Fed Sees Further and Gradual Rate Hikes as Appropriate,Interest Rate,"Fed Sees Further and Gradual Rate Hikes as AppropriateUnited States Interest RateThe economy is strong, inflation is near the 2 percent objective, and most people who want a job are finding one, Fed Chair Powell said at the Jackson Hole symposium, suggesting the Fed is likely to raise rates again next month.2018-08-24T14:24:15.613"
US Durable Goods Orders Fall More than Expected,Durable Goods Orders,"US Durable Goods Orders Fall More than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods declined 1.7 percent from a month earlier in July 2018, following a downwardly revised 0.7 percent advance in June and compared with market expectations of a 0.5 percent drop. Transportation equipment drove the decrease as volatile demand for civilian aircraft fell. 2018-08-24T12:32:00"
US New Home Sales Unexpectedly Fall,New Home Sales,"US New Home Sales Unexpectedly FallUnited States New Home SalesSales of new single-family houses in the United States shrank 1.7 percent from the previous month to a seasonally adjusted annual rate of 627 thousand in July of 2018, following a downwardly revised 2.4 percent drop in June. It is the lowest rate since October, worse than market expectations of 645 thousand. Sales fell in the Northeast and in the South.2018-08-23T14:06:00"
US Private Sector Growth Weaker than Expected: Markit,Composite Pmi,"US Private Sector Growth Weaker than Expected: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI dropped to 55 in August 2018 from 55.7 in the previous month, and well below market expectations of 56.3, a preliminary estimate showed. The reading pointed to the slowest pace of expansion in the private sector since April, as a loss of momentum was recorded in both the manufacturing (PMI at nine-month low of 54.5 vs 55.3 in July) and service sectors (PMI at four-month low of 55.2 vs 56 in July). New order growth eased to the weakest in eight months and employment increased the least in over a year. On a more positive note, inflationary pressures moderated in August.2018-08-23T13:55:00"
US Service Sector Expansion Eases to 4-Month Low: Markit,Services PMI,"US Service Sector Expansion Eases to 4-Month Low: MarkitUnited States Services PMIThe IHS Markit US Services PMI fell to a four-month low of 55.2 in August 2018 from 56 in July and far below market expectations of 55.9, a preliminary estimate showed. New business volumes increased at the slowest pace seen so far in 2018 and employment growth eased to an eight-month low, while backlogs of work declined the most since March 2017. On the price front, input cost inflation moderated in August and prices charged by service sector firms continued to rise at one of the fastest rates seen over the past four years.2018-08-23T13:51:00"
US Factory Growth At 9-Month Low: PMI,Manufacturing PMI,"US Factory Growth At 9-Month Low: PMI United States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 54.5 in August of 2018 from 55.3 in July, slightly below market expectations of 55, preliminary estimates showed. The reading pointed to the slowest expansion in the manufacturing sector in nine months as output, new business, employment and capacity pressures moderated. 2018-08-23T13:50:54.94"
US House Prices Rise Less than Expected: FHFA,FHFA House Price Index MoM,"US House Prices Rise Less than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.2 percent from a month earlier in June 2018, following an upwardly revised 0.4 percent increase in May and missing market expectations of a 0.3 percent gain. Of the nine census divisions, the Mountain division experienced the strongest monthly appreciation (0.7 percent), followed by East South Central (0.6 percent) and West North Central divisions (0.4 percent). On the other hand, house prices declined 0.4 percent in both New England and South Atlantic divisions. Year-on-year, house prices went up 6.5 percent in June.2018-08-23T13:16:00"
US Jobless Claims Fall Unexpectedly in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall Unexpectedly in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 2 thousand to 210 thousand in the week ending in August 18 from the previous unrevised week level of 212 thousand. It compares with market expectations of 215 thousand. Jobless claims declined for the third consecutive week to its lowest since July 14. According to unadjusted data, the largest declines were seen in Georgia (-1,188), Pennsylvania (-958) and South Carolina (-615) while the biggest increases were recorded in California (+950), New Jersey (+359) and North Carolina (+251). Claims dropped in Puerto Rico (-467) while rose in Virgin Islands (+1).2018-08-23T12:32:00"
US 10Y Bond Yield Hits 12-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 12-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 12-week low of 2.8117%2018-08-23T04:41:58.133
Fed Shows Concerns Over Trade War,Interest Rate,"Fed Shows Concerns Over Trade WarUnited States Interest RateFed officials expect GDP growth to slow from its second-quarter rate but to remain strong, although ongoing trade disputes remain an important source of uncertainty and risks, minutes from last FOMC meeting showed. The Fed also signaled it will likely raise rates next month.2018-08-22T18:25:14.157"
US Crude Oil Inventories Drop More than Anticipated,Crude Oil Stocks Change,"US Crude Oil Inventories Drop More than AnticipatedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 5.836 million barrels in the week ended August 17th 2018, following a 6.805 million rise in the previous week and compared with market expectations of a 1.497 million decrease. Meanwhile, stocks of gasoline went up by 1.2 million barrels while markets expected a 0.488 million drop. 2018-08-22T14:38:37.647"
US Existing Home Sales Lowest since 2016,Existing Home Sales,"US Existing Home Sales Lowest since 2016United States Existing Home SalesSales of previously owned houses in the US declined 0.7 percent month-over-month to a seasonally adjusted annual rate of 5.34 million in July of 2018. It compares with market expectations of a 0.6 percent rise to 5.4 million. It is the fourth straight fall and the lowest rate since February of 2016. The median house price fell to $269,600 from $273,800 in June and the months' worth of supply was flat at 4.3. In addition, the number of houses available in the market declined to 1.92 million from 1.93 million in June. Year-on-year, existing home sales fell 1.5 percent.2018-08-22T14:07:50.413"
US 10Y Bond Yield Hits 12-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 12-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 12-week low of 2.8135%2018-08-22T12:44:54.857
US Mortgage Applications Rise for 1st Time in 6 Weeks,Mortgage Applications,"US Mortgage Applications Rise for 1st Time in 6 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States went up 4.2 percent in the week ended August 17th 2018, after falling 2 percent in the previous week, data from the Mortgage Bankers Association showed. It is the first increase in six weeks. Applications to purchase a home rose 2.9 percent and refinance applications jumped 6 percent. The average fixed 30-year mortgage rate was steady at 4.81 percent.2018-08-22T11:05:56.847"
US Stocks Edge Higher on Tuesday,Stock Market,"US Stocks Edge Higher on TuesdayUnited States Stock MarketWall Street closed modestly in the green on Tuesday 21 August 2018, as the dollar index against a basket of major currencies declined after President Trump said overnight he is not thrilled about the Fed’s decisions this year to raise interest rates and that he would criticize the Fed if it continues to raise rates. The Dow Jones gained 64 points or 0.3% to 25822. The S&P 500 advanced 6 points or 0.2% to 2863. The Nasdaq added 38 points or 0.5% 7859.2018-08-21T20:22:10.573"
Stocks in United States Hit 28-week High,Stock Market,Stocks in United States Hit 28-week HighUnited States Stock MarketDow Jones increased to a 28-week high of 258072018-08-21T13:30:06.703
Dollar Falls after Trump Criticizes Fed,Currency,Dollar Falls after Trump Criticizes FedUnited States CurrencyThe dollar index against a basket of major currencies continued to decline during early trading hours in Europe on Tuesday after President Trump said overnight he is not thrilled about the Fed’s decisions this year to raise interest rates and that he would criticize the Fed if it continues to raise rates. The DXY was down 0.3% to 95.58 around 9:00 AM London time.2018-08-21T08:00:59.927
US 10-Year Bond Yield Falls,Government Bond 10Y,"US 10-Year Bond Yield Fallsunited states Government Bond 10YThe yield on the US 10-year Treasury note was down to 2.828% on Monday, reaching the lowest since June 27th as investors await the Jackson Whole Symposium later in the week and the FOMC minutes release on Wednesday for further details on Fed's and other central bankers monetary policies.2018-08-20T15:13:00"
US Stocks Trade Mostly Higher,Stock Market,"US Stocks Trade Mostly HigherUnited States Stock MarketWall Street trade mainly in the green on Monday, with the Dow reaching the highest since early February, boosted by corporate activity. Nike shares were among the best performers after the company was upgraded to positive from neutral at Susquehanna Financial Group. Also, PepsiCo agreed to buy SodaStream for $144 per share, a 10.9% premium; and Tyson Foods confirmed it will buy Keystone Foods. The Dow Jones went up 0.5%, the S&P increased 0.2% and the Nasdaq traded nearly flat around 35 minutes after the opening bell. 2018-08-20T13:30:00"
US Stocks Edge Higher on Friday,Stock Market,"US Stocks Edge Higher on FridayUnited States Stock MarketWall Street closed modestly in the green on Friday 17 August 2018, as trade tensions eased after China said it will hold trade talks with the United States later this month. The Dow Jones gained 111 points or 0.4% to 25669. The S&P roo advanced 9 points or 0.3% to 2850. The Nasdaq added 10 points or 0.1% to 7816.2018-08-17T20:12:25.247"
Stocks in United States Hit 24-week High,Stock Market,Stocks in United States Hit 24-week HighUnited States Stock MarketDow Jones increased to a 24-week high of 256942018-08-17T18:15:20.083
US Consumer Sentiment Lowest in Near a Year,Consumer Confidence,"US Consumer Sentiment Lowest in Near a YearUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US fell to 95.3 in August of 2018 from 97.9 in July, below market expectations of 98. It is the lowest reading since September last year amid weaker assessments of buying conditions, mainly due to less favorable perceptions of market prices, preliminary estimates showed. 2018-08-17T14:06:08.267"
US 10Y Bond Yield Hits 5-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 5-week low of 2.846%2018-08-17T09:53:15.3
US Stocks Rebound on Thursday,Stock Market,"US Stocks Rebound on ThursdayUnited States Stock MarketWall Street rebounded on Thursday 16 August 2018, as fear that the financial crisis in Turkey could hurt other markets retreated and US and China trade talks are reported to resume. The Dow Jones surged 396 points or 1.6%, its biggest gain since April, to 25559. The S&P 500 gained 22 points or 0.8% to 2841. The Nasdaq added 32 points or 0.4% to 7807.2018-08-16T20:11:00.36"
US Stocks Rally on Trade Talks Hopes,stock market,"US Stocks Rally on Trade Talks HopesUnited States stock marketUS stock markets opened in the green on Thursday as trade tensions eased after China said it will hold trade talks with the United States later this month. Stocks also got a boost from stronger-than-expected earnings reports from Walmart and Cisco Systems. The Dow Jones climbed 330 points, or 1.3%, to 25,492; the S&P 500 advanced 19 points, or 0.7%, to 2,838; and the Nasdaq gained 47 points, or 0.6%, to 7,821 around 20 minutes after the opening bell.2018-08-16T13:30:00"
US Building Permits Rise More than Expected in July,Building Permits,"US Building Permits Rise More than Expected in JulyUnited States Building PermitsBuilding permits in the United States increased 1.5 percent from the previous month to a seasonally adjusted annual rate of 1,311 thousand in July 2018, while markets were expecting a 1.4 percent gain to 1,310 thousand. Single-family authorizations rose 1.9 percent to 865 thousand and multi-family permits advanced 0.7 percent to 442 thousand. Across regions, permits went up in the Northeast (5.9 percent), Midwest (5.8 percent) and in the West (1.2 percent), but dropped in the South (-0.3 percent).2018-08-16T12:40:00"
US Philadelphia Manufacturing Index Falls in August,Philadelphia Fed Manufacturing Index,"US Philadelphia Manufacturing Index Falls in AugustUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States fell by 13.8 points to 11.9 in August of 2018 from 25.7 in the previous month and below market expectations of 22. It was the lowest reading since November of 2016, as a slowdown was see in new orders (down 22 points to 9.9); employment (down 2.5 points to 14.3) and shipments (down 8.1 points to 16.6). Also, firms reported, on balance, price increases for purchased inputs and their own manufactured products, but these price indexes moderated slightly this month. Expectations for the next six months remained optimistic, with most broad future indicators improving.2018-08-16T12:36:00"
US Housing Starts Rise Less than Expected,Housing Starts,"US Housing Starts Rise Less than ExpectedUnited States Housing StartsHousing starts in the US rose 0.9 percent from a month earlier to an annualized rate of 1,168 thousand in July 2018, recovering from an upwardly revised 12.9 percent drop in June, but missing market expectations of a 7.4 percent increase to 1,260 thousand. Starts rose in the Midwest and South, but dropped in the Northeast and West.2018-08-16T12:33:00"
US Jobless Claims Fall for 2nd Straight Week,Initial Jobless Claims,"US Jobless Claims Fall for 2nd Straight Week United States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits dropped by 2 thousand to 212 thousand in the week ending August 11 from the previous week's upwardly revised level of 214 thousand. Jobless claims fell for the second straight week to its lowest level since the week ending in July 14. Market consensus had pointed to an increase to 215 thousand. According to unadjusted data, the largest declines were seen in Pennsylvania (-1,129), Iowa (-704) and California (-694) while the biggest increases were reported in Georgia (+479), Virginia (+276) and Connecticut (+261).


2018-08-16T12:32:00"
US Stocks Tumble on Renewed Turkey Concerns,Stock Market,"US Stocks Tumble on Renewed Turkey ConcernsUnited States Stock MarketWall Street deeply in the red on Wednesday 15 August 2018, as investors fear that the financial crisis in Turkey could hurt other markets, with mining, tech and Macy’s shares falling sharply during the session. The Dow Jones retreated 138 points or 0.5% to 25162. The S&P 500 lost 22 points or 0.8% to 2818. The Nasdaq declined 97 points or 1.2% to 7774.2018-08-15T20:07:25.697"
Foreign Investors Buy $114.5 Billion of US Assets,Capital Flows,"Foreign Investors Buy $114.5 Billion of US AssetsUnited States Capital FlowsOverseas investors bought USD 114.5 billion of US assets in June of 2018, more than the USD 69.2 billion purchased in May while markets were expecting them to sell USD 80 billion. Meanwhile, foreigners sold USD 36.5 billion of long-term US securities, including government and corporate, after buying USD 45.6 billion in the previous month. Also, overseas investors sold USD 48.6 billion in Treasuries in June, compared with the USD 26.7 billion in purchases in May.2018-08-15T20:04:00"
Stocks in United States Falling,stock market,Stocks in United States FallingUnited States stock marketDow Jones decreased by 1% to 250462018-08-15T18:01:59.793
US Crude Oil Inventories Fall Unexpectedly,Crude Oil Stocks Change,"US Crude Oil Inventories Fall UnexpectedlyUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 6.805 million barrels in the week ended August 10th 2018, following a 1.351 million decline in the previous week and compared with market expectations of a 2.499 million decrease. Meanwhile, stocks of gasoline fell by 0.74 million barrels while markets expected a smaller 0.583 million drop. 2018-08-15T14:35:47.097"
US Home Builder Sentiment Falls to 11-Month Low,Nahb Housing Market Index,"US Home Builder Sentiment Falls to 11-Month LowUnited States Nahb Housing Market IndexThe NAHB Housing Market Index fell to 67 in August 2018 from 68 in the previous month, as widely expected by markets. It was the lowest reading since September last year, due to declines in all components: current single-family home sales (73 vs 74 in July); prospective buyers (49 vs 51); and home sales over the next six months (72 vs 73).2018-08-15T14:20:00"
US 10Y Bond Yield Hits 4-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 4-week low of 2.8461%2018-08-15T14:12:40.003
US Business Inventories Rise 0.1% in June,Business Inventories,"US Business Inventories Rise 0.1% in JuneUnited States Business InventoriesManufacturers’ and trade inventories in the United States edged up 0.1 percent month-over-month to USD 1.94 trillion in June 2018, following a downwardly revised 0.3 percent gain in May and matching market consensus. Stocks rose 0.1 percent at manufacturers, retailers and wholesalers. By kind of business, there was an increase in stocks at building materials, garden equipment & supplies (1.5 percent), while inventories fell at motor vehicle & parts dealers (-0.1 percent) and general merchandise stores (-0.3 percent). Retail inventories excluding autos, which go into the calculation of GDP, rose 0.2 percent in June.2018-08-15T14:12:00"
US Stocks Trade Lower,Stock Market,"US Stocks Trade LowerUnited States Stock MarketUS stocks opened in the red on Wednesday with tech shares and banks among the worst performers and despite upbeat economic data, after Turkey's government announced it would impose extra tariffs on US imports, including rice, cars, alcohol and coal. The Dow Jones dropped 205 points, or 0.8%, to 25,095; the S&P 500 fell 23 points, or 0.8%, to 2,817; and the Nasdaq retreated 66 points, or 0.8%, to 7,806 in early New York trading.2018-08-15T13:53:23.61"
US Industrial Output Growth Weaker than Expected,Industrial Production Mom,"US Industrial Output Growth Weaker than ExpectedUnited States Industrial Production MomUS industrial output edged up 0.1 percent month-over-month in July 2018, following an upwardly revised 1 percent increase in June and missing market expectations of a 0.3 percent gain. Manufacturing production continued to grow while there was a contraction in both utilities and mining output.2018-08-15T13:18:00"
US Labor Cost Unexpectedly Falls in Q2,Labour Costs,"US Labor Cost Unexpectedly Falls in Q2United States Labour CostsUS unit labor costs in the nonfarm business sector decreased 0.9 percent in the second quarter of 2018, down from a 3.4 percent rise in the previous three-month period, a preliminary estimate showed. Figures come below market expectations of a 0.3 percent gain. Productivity advanced 2.9 percent while hourly compensation rose at a softer 2 percent. On a yearly basis, unit labor costs went up 1.9 percent.2018-08-15T12:40:00"
US Productivity Growth Strongest in 3 Years,Productivity,"US Productivity Growth Strongest in 3 YearsUnited States ProductivityLabor productivity in the US non-farm business sector rose an annualized 2.9 percent during the second quarter of 2018, following a downwardly revised 0.3 percent increase in the previous three month period, a preliminary estimate showed. Figures came above market expectations of a 2.3 percent growth. It was the highest growth in labor productivity since the first quarter of 2015. Output advanced 4.8 percent and hours worked increased 1.9 percent. Year-on-year, productivity went up 1.3 percent, reflecting a 3.5 percent increase in output and a 2.2 percent gain in hours worked.2018-08-15T12:36:00"
Business Activity in NY State Remains Robust,NY Empire State Manufacturing Index,"Business Activity in NY State Remains RobustUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States grew 3 points from the previous month to 25.6 in August 2018,  above market expectations of 20. It is the strongest reading since September 2014. New orders and shipments grew strongly, and firms reported an increase in unfilled orders. Delivery times continued to lengthen, and inventories held steady. Labor market indicators pointed to solid gains in employment and longer workweeks. Price indexes were little changed and remained elevated, indicating ongoing significant price increases. Looking ahead, firms stepped up their capital spending plans and were fairly optimistic about the six-month outlook.2018-08-15T12:35:12.943"
US Retail Sales Rise More than Expected in July,Retail Sales MoM,"US Retail Sales Rise More than Expected in JulyUnited States Retail Sales MoMUS retail trade rose by 0.5 percent month-over-month in July 2018, following a downwardly revised 0.2 percent advance in June. The sales beat market expectations of a 0.1 percent gain boosted by purchases of motor vehicles, gasoline and clothing.2018-08-15T12:34:00"
US Mortgage Applications Fall for 5th Straight Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 5th Straight Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States declined 2 percent in the week ended August 10th 2018, after falling 3 percent in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home dropped 3.3 percent while refinance applications were unchanged. The average fixed 30-year mortgage rate fell by 3bps to 4.81 percent.2018-08-15T11:06:54.853"
Dollar Hits 13-Month High,currency,"Dollar Hits 13-Month HighUnited States currencyThe dollar index hit 96.92 in early trading on Wednesday, its highest in over a year, as Turkey's currency crisis, which ended up spreading to other emerging markets, boosted demand for the greenback as a safe-haven asset.2018-08-15T10:49:00"
US Stocks Rebound on Tuesday,Stock Market,"US Stocks Rebound on TuesdayUnited States Stock MarketWall Street closed in the reen on 14 August 2018, as the Turkish lira rebounded from a record low. The Dow Jones gained 113 points or 0.5% to 25300. The S&P 500 climbed 18 points or 0.6% to 2840. The Nasdaq jumped 51 points or 0.7% to 7871.  2018-08-14T20:05:53.31"
Dollar Index Hits 13-month High,currency,Dollar Index Hits 13-month HighUnited States currencyUS Dollar increased to a 13-month high of 96.542018-08-14T15:16:41.207
US Import Prices Unchanged in July,Import Prices MoM,"US Import Prices Unchanged in JulyUnited States Import Prices MoMUS import prices were unchanged from a month earlier in July 2018, following a downwardly revised 0.1 percent fall in June and missing market consensus of a 0.1 percent gain. Prices for import fuel advanced 1.6 percent in July following a 1.3 percent increase in June, boosted by petroleum (0.9 percent vs 1.4 percent) and natural gas (36.7 percent vs -8.3 percent). By contrast, non-fuel import prices fell 0.3 percent for the second consecutive month in July, due to non-fuel industrial supplies and materials; foods, feeds, and beverages; and capital goods. Year-on-year, import prices increased 4.8 percent in July, the sharpest annual gain since February 2012.2018-08-14T12:36:00"
US Export Prices Unexpectedly Fall 0.5% MoM in July,Export Prices MoM,"US Export Prices Unexpectedly Fall 0.5% MoM in JulyUnited States Export Prices MoMUS export prices went down 0.5 percent month-over-month in July 2018, after a downwardly revised 0.2 percent increase in June and compared with market expectations of a 0.2 percent gain. It was the first monthly drop in export prices since June 2017 and the largest since cost fell 0.6 percent in May 2017. Prices of agricultural exports slumped 5.3 percent, the most since October 2011, after a 1.0 percent decline in June, weighed down by a 14.1 percent dip in soybean prices. Meantime, non-agricultural export prices were unchanged, after increasing 0.4 percent in June, as falling prices for non-agricultural industrial supplies and materials and automotive vehicles were offset by rising cost for non-agricultural foods.Year-on-year, export prices advanced 4.3 percent, easing from a 5.3 percent rise in the prior month but slightly above market consensus of a 4.3 percent gain.


2018-08-14T12:33:00"
US Small Business Optimism Nears Survey High in July,NFIB Business Optimism Index,"US Small Business Optimism Nears Survey High in JulyUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US rose unexpectedly by 0.7 points to 107.9 in July 2018, easily beating market expectations of 106.9. It was the second-highest reading in the survey’s 45-year history, only below the July 1983 all-time high of 108, amid new records in terms of owners reporting job creation plans (up 3 points to 23) and those with job openings (up 1 point to 37). Increases were also seen for: plans to make capital outlays (up 1 point to 30); expected improvement in economy (up 2 points to 35); expected higher retail sales (up 3 points to 29); now a good time to expand (up 3 points to 32). On the other hand, there was a decline in sub-indices measuring both current inventory (down 3 points to -3) and plans to increase inventories (down 2 points to 4).2018-08-14T10:13:00"
US Stocks Close Lower as Turkey Crisis Extends,Stock Market,"US Stocks Close Lower as Turkey Crisis ExtendsUnited States Stock MarketWall Street closed in the red on Monday 1 August 2018, as investors fear that the financial crisis in Turkey could hurt other markets. The Dow Jones retreated 125 points or 0.5% to 25188. The S&P 500 lost 11 points or 0.4% to 2822. The Nasdaq declined 19 points or 0.3% to 7820. 2018-08-13T20:15:55.647"
US Stocks Close Lower on Friday,Stock Market,"US Stocks Close Lower on FridayUnited States Stock MarketWall Street closed in the red on Friday 10 August 2018, as the Turkish lira dropped as much as 20 percent against the USD after President Trump tweeted that the US will double steel and aluminum tariffs on Turkey. In addition, investors are worried about the country’s overheating economy and the government’s lack of willingness to address the problem. The Dow Jones lost 196 points or 0.8% to 25313. The S&P 500 retreated 20 points or 0.7% to 2833. The Nasdaq declined 53 points or 0.7% to 7839. 2018-08-10T22:07:31.327"
The Dow Jones Index fell 0.75%,Stock Market,"The Dow Jones Index fell 0.75%United States Stock MarketUnited States Stock Market dropped 191 points. Losses were led by Intel (-2.56%), DowDuPont Inc (-1.90%) and Caterpillar (-1.89%). Offsetting the fall, top gainers were Walmart (1.36%), Chevron (0.83%) and Procter & Gamble (0.12%).2018-08-10T20:30:04.343"
US Budget Deficit Widens in July,Government Budget Value,"US Budget Deficit Widens in JulyUnited States Government Budget ValueThe US budget deficit widened sharply to USD 77.0 billion in July 2018 from USD 42.9 billion in the same month of the previous year, slightly below market expectations of USD 77.8 billion. Outlays jumped 10 percent to USD 302 billion while receipts dropped 3 percent to USD 225 billion. When accounting for calendar adjustments, the government's deficit was USD 124 billion compared to a deficit of USD 85 billion in the same month the previous year. The gap for the fiscal year, which began last October, was USD 684 billion, compared to a deficit of USD 566 billion in the same period of the previous fiscal year.2018-08-10T18:09:01.11"
Dollar Index Hits 13-month High,currency,Dollar Index Hits 13-month HighUnited States currencyUS Dollar increased to a 13-month high of 96.332018-08-10T15:53:34.747
US Core Inflation Rate Highest Since 2008,Core Inflation Rate,"US Core Inflation Rate Highest Since 2008United States Core Inflation RateUS annual core inflation rate, which excludes volatile items such as food and energy, rose to 2.4 percent in July 2018 from 2.3 percent in the previous month, and above market expectations of 2.3 percent. It was the highest rate since September 2008.2018-08-10T12:52:42.317"
US Inflation Rate Unchanged at Over 6-Year High,Inflation Rate,"US Inflation Rate Unchanged at Over 6-Year HighUnited States Inflation RateUS annual inflation rate stood at 2.9 percent in July 2018, unchanged from the previous month and slightly below market expectations of 3 percent. Still, inflation remained at its highest level since February 2012. Core inflation, which excludes food and energy, rose to 2.4 percent in July from 2.3 percent in June, hitting the highest rate since September 2008.2018-08-10T12:32:00"
Dollar Index Hits 55-week High,currency,Dollar Index Hits 55-week HighUnited States currencyUS Dollar increased to a 55-week high of 95.662018-08-09T22:56:03.753
US June Wholesale Inventories Revised Higher,Wholesale Inventories,"US June Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the United States edged up 0.1 percent from a month earlier in June 2018 instead of being unchanged as previously estimated, following a downwardly revised 0.3 percent gain in May. Machinery stocks increased 0.8 percent (vs 1.7 percent in May), while auto inventories fell 1.2 percent (vs -1.5 percent in May) and farm products stocks tumbled 6.5 percent (vs -2.6 percent in May) Wholesale stocks excluding autos, which goes into the calculation of GDP, advanced 0.2 percent in June. Year-on-year, inventories increased 5.1 percent.2018-08-09T14:09:00"
US Producer Prices Unchanged in July,Producer Price Inflation MoM,"US Producer Prices Unchanged in JulyUnited States Producer Price Inflation MoMProducer prices for final demand in the US were unchanged in July 2018, following a 0.3 percent gain in June and missing market expectations of a 0.2 percent advance. Prices for goods inched up 0.1 percent in July, the same as in June, despite a 0.5 percent fall in energy prices and a 0.1 percent decrease in food costs. Meanwhile, prices for services edged down 0.1 percent, the first decline since last December, due to a sharp drop in prices for trade services (-0.8 percent). The core index, which excludes food and energy, advanced 0.1 percent in July, also below market consensus of 0.2 percent. On a yearly basis, producer prices grew 3.3 percent and the core index rose 2.7 percent.
2018-08-09T12:32:00"
US Jobless Claims Unexpectedly Fall to 213K,Initial Jobless Claims,"US Jobless Claims Unexpectedly Fall to 213K United States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 6 thousand to 213 thousand in the week ending August 4 from the previous week's upwardly revised level of 219 thousand. It compares with market consensus of 220 thousand. According to unadjusted data, the largest declines were seen in Kentucky (-3,085), Arizona (-461) and Georgia (-295) while the biggest increases were reported in California (+1,680), Pennsylvania (+1,362), Oregon (+682) and Washington (+627). Claims dropped in Virgin Islands (-4) but increased in Puerto Rico (+416).

2018-08-09T12:32:00"
US Crude Oil Inventories Fall Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall Less than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.351 million barrels in the week ended August 3rd 2018, following a 3.803 million rise in the previous week and compared with market expectations of a 3.367 million decrease. Meanwhile, stocks of gasoline surged by 2.9 million barrels while markets expected a 1.433 million drop. 2018-08-08T14:36:53.51"
US Mortgage Applications Fall for 4th Straight Week,Mortgage Applications,"US Mortgage Applications Fall for 4th Straight WeekUnited States Mortgage ApplicationsMortgage applications in the United States declined 3 percent in the week ended August 3rd 2018, after falling 2.6 percent in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home dropped 2 percent and refinance applications went down 4.5 percent. The average fixed 30-year mortgage rate was unchanged at 4.84 percent.2018-08-08T11:06:08.73"
US Stocks Extend Gains on Tuesday,Stock Market,US Stocks Extend Gains on TuesdayUnited States Stock MarketWall Street extended gains on Tuesday 7 August 2018 on the back of a strong earnings season and a rally in oil prices while persistent trade war concerns are likely to weigh on sentiment. The Dow Jones gained 127 points or 0.5% to 25629. The S&P 500 climbed 8 points or 0.3% to 2859. The Nasdaq rose 24 points or 0.3% to 7884.2018-08-07T20:39:50.123
US Consumer Credit Rises Less than Expected,Consumer Credit,"US Consumer Credit Rises Less than ExpectedUnited States Consumer CreditConsumer credit in the United States went up by USD 10.21 billion in June 2018, following a downwardly revised USD 24.26 billion gain in the previous month and missing market expectations of a USD 15.25 billion rise. Revolving credit including credit card borrowing decreased by USD 0.19 billion, compared with a USD 9.59 billion increase in May. Meantime, nonrevolving credit including loans for education and automobiles climbed by USD 10.40 billion, after rising by USD 14.67 billion in the prior month.2018-08-07T19:11:00"
US IBD/TIPP Economic Optimism at 14-1/2-Year High,Economic Optimism Index,"US IBD/TIPP Economic Optimism at 14-1/2-Year HighUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index rose to 58.0 in August 2018 from 56.4 in the previous month, hitting its highest level since January 2004. The Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, rose 6.4 percent to 56.8; and the Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, went up 3.7 percent to 65.1. On the other hand, the Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, fell 1.5 percent to 52.1.2018-08-07T14:17:00"
US Job Openings Beat Forecasts in June,Job Offers,"US Job Openings Beat Forecasts in JuneUnited States Job OffersThe number of job openings in the US rose to 6.662 million in June of 2018 from an upwardly revised 6.659 million in May, above market expectations of 6.646 million. The number of job openings was little changed for total private and for government. Job openings increased for educational services (+20,000) while fell for transportation, warehousing, and utilities (-84,000). Meantime, the number of hires was little changed at 5.7 million.
2018-08-07T14:01:00"
US Shares Gain,Stock Market,"US Shares GainUnited States Stock MarketUS stocks traded in the green on Tuesday on the back of a strong earnings season and a rally in oil prices while persistent trade war concerns are likely to weigh on sentiment. The Dow Jones rose 105 points, or 0.4%, to 25,608; the S&P 500 added 8 points, or 0.3%, to 2,858; and the Nasdaq gained 20 points, or 0.3%, to 7,880 around 15 minutes after the opening bell.2018-08-07T13:30:00"
US Stocks Close Higher on Monday,Stock Market,"US Stocks Close Higher on MondayUnited States Stock MarketWall Street closed in the green on Monday 6 August 2018, as tech stocks extended gains led by Apple and Facebook, offsetting the escalating trade war between China and the US. The Dow Jones climbed 40 points or 0.2% to 25502. The S&P 500 added 10 points or 0.4% to 2850. The Nasdaq advanced 48 points or 0.6% to 7860. 2018-08-06T20:13:33.493"
US Stocks Close Higher on Friday,Stock Market,"US Stocks Close Higher on FridayUnited States Stock MarketWall Street closed in the green on Friday 3 August 2018, as solid earning reports and job gains in the manufacturing sector more than offset escalating trade tensions between the United States and China. The Dow Jones gained 136 points or 0.5% to 25463. The S&P 500 advanced 13 points or 0.5% to 2840. The Nasdaq edged up 9 points or 0.1% to 7812.2018-08-03T20:07:00"
ISM New York Index at Near 12-Year High,Ism New York Index,"ISM New York Index at Near 12-Year HighUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States rose further to 75 in July of 2018 from 55 in the previous month. It is the highest reading since November of 2006 amid faster increases in quantity of purchases (60 from 50), current (60 from 50) and expected revenues (86.7 from 79.4) while a slowdown was seen in employment (62.2 from 63.4) and price pressures intensified (70 from 55.9). The Six-Month Outlook fell slightly to 77.8 in July, down from 78.1 in June.2018-08-03T14:27:27.52"
US Services Growth Lowest in a Year: ISM,Non Manufacturing PMI,"US Services Growth Lowest in a Year: ISM United States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 55.7 in July of 2018 from 59.1 in June, well below market expectations of 58.6. It is the lowest reading since August of 2017. Although most firms remain positive about business conditions and the economy, tariffs and deliveries are an ongoing concern.2018-08-03T14:06:00"
US Services PMI Revised Lower: Markit,Services PMI,"US Services PMI Revised Lower: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised lower to 56 in July of 2018 from a preliminary reading of 56.2 and 56.5 in June. The rise in services output was steep overall, despite softening to the weakest since April. New business growth eased for the third successive month to the slowest since January, but remained well above the trend seen in 2017. On the price front, input cost inflation softened to a three-month low while output inflation was the strongest since September of 2014. Finally, business confidence fell to a six-month low amid concerns surrounding tariffs and their effects on client demand.2018-08-03T13:53:49.387"
US Output Growth Remains Solid in July: Markit,Composite Pmi,"US Output Growth Remains Solid in July: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI came in at 55.7 in July 2018, slightly below a preliminary estimate of 55.9 and compared to June's final reading of 56.2. Still, the reading pointed to a strong pace of expansion in the private sector, supported by strong increases in both services activity (PMI at 56 vs 56.5 in June) and manufacturing output (PMI at 55.3 vs 55.4).2018-08-03T13:48:12.183"
US Wages Rise 0.3% MoM in July as Expected,Average Hourly Earnings,"US Wages Rise 0.3% MoM in July as ExpectedUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 7 cents, or 0.3 percent, to USD 27.05 in July 2018 and compared to a downwardly revised 0.1 percent gain in June. Figures came in line with market expectations. Over the year, average hourly earnings have increased by 71 cents, or 2.7 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 3 cents to USD 22.65 in July.2018-08-03T12:42:00"
US Imports Rise in June,Imports,"US Imports Rise in JuneUnited States ImportsImports from the United States were USD260.2 billion, USD1.6 billion or 0.6 percent more than May imports. Petroleum imports (USD19.6 billion) were the highest since December 2014. Shipments also grow for: consumer goods including pharmaceutical preparations. In contrast, imports of capital goods decreased including computers and telecommunications equipment. . 2018-08-03T12:38:00"
US Exports Slip From Record High,Exports,"US Exports Slip From Record HighUnited States ExportsExport to the United States were USD213.8 billion, 0.7 percent or $1.5 billion less than May exports. Exports of industrial supplies and materials (USD46.3 billion) and  petroleum shipments (USD15.4 billion) reached the record high. Also, soybean exports rose slightly after a sharp increase in May from April. In contrast, shipments were lower for: consumer goods including pharmaceutical preparations and jewelry; capital goods including civilian aircraft and engines; and passenger cars. 2018-08-03T12:36:00"
US Trade Deficit Widens Sharply in June,Balance of Trade,US Trade Deficit Widens Sharply in JuneUnited States Balance of TradeThe US trade deficit widened 7.3 percent to USD 46.3 billion in June 2018 from a revised USD 43.2 billion in the previous month and below market expectations of USD 46.5 billion. Exports dropped 0.7 percent to USD 213.8 billion while imports rose 0.6 percent to USD 260.2 billion. The politically sensitive goods trade deficit with China rose 0.9 percent to USD 33.5 billion in June.2018-08-03T12:34:35.867
US Economy Adds Less Jobs than Expected,Non Farm Payrolls,"US Economy Adds Less Jobs than ExpectedUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 157 thousand in July of 2018, following an upwardly revised 248 thousand in June and below market expectations of 190 thousand. Job gains occurred in professional and business services, in manufacturing, and in health care and social assistance.2018-08-03T12:32:00"
US Jobless Rate Decreases to 3.9% in July,Unemployment Rate,"US Jobless Rate Decreases to 3.9% in JulyUnited States Unemployment RateThe US unemployment rate fell to 3.9 percent in July 2018 from 4.0 percent in June, matching market expectations. The jobless rate touched an 18-year low of 3.8% in May. The number of unemployed persons declined by 284,000 to 6.3 million and employment was almost unchanged at 156.0 million.2018-08-03T12:32:00"
US Tech Stocks Rise Sharply on Thursday,Stock Market,"US Tech Stocks Rise Sharply on ThursdayUnited States Stock MarketWall Street closed mixed on Thursday 2 August 2018, as a record market cap of over USD 1 trillion for Apple on the back of solid earnings nudged the tech sector.  The Dow Jones lost 8 points or less than 0.1% to 25326. The S&P 500 gained 14 points or 0.5% to 2827. The Nasdaq surged 95 points or 1.2% to 7803.2018-08-02T20:08:44.62"
US Factory Orders Rise a Solid 0.7% in June,Factory Orders,"US Factory Orders Rise a Solid 0.7% in JuneUnited States Factory OrdersNew orders for factory goods made in the US rose 0.7 percent from a month earlier in June 2018, following a 0.4 percent advance in May and matching market expectations. The strong increase was mainly boosted by higher demand for transportation equipment (2.1 percent vs -1.3 percent in May), electrical equipment, appliances and components (0.8 percent vs -0.4 percent) as well as computers and electronic products (0.8 percent vs 0.6 percent). Orders for non-defense capital goods excluding aircraft, which are seen as a measure of business spending plans, rose 0.2 percent, following a 0.6 percent gain in May. Year-on-year, new orders jumped 8 percent in June.2018-08-02T14:13:53.89"
US Stocks Fall on Trade Concerns,Stock Market,"US Stocks Fall on Trade ConcernsUnited States Stock MarketWall Street opened lower on Thursday, tracking losses in Europe and Asia as trade war concerns renewed after the Trump Administration said it was considering raising tariffs on Chinese imports to 25% from 10% and China said will have to retaliate. The Dow Jones was down 0.8%, the S&P 500 fell 0.5% and the Nasdaq traded 0.4% lower around 8 minutes after the opening bell.2018-08-02T13:45:58.107"
US Jobless Claims Below Estimates in Latest Week,Initial Jobless Claims,"US Jobless Claims Below Estimates in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits rose by 1 thousand to 218 thousand in the week ending in July 28 from the previous week's unrevised level of 217,000. It compares with market expectations of 220 thousand. According to unadjusted data, the biggest rises in claims were posted in Iowa (+1,069), Nevada (+276), Maryland (+255) and Virginia (+197) while the largest declines were seen in Michigan (-6,125), California (-2,485) and Missouri (-2,349).




2018-08-02T12:31:00"
US Planned Layoffs Lowest since 2016,Challenger Job Cuts,"US Planned Layoffs Lowest since 2016United States Challenger Job CutsJob cuts announced by US-based employers fell 27.1 percent month-over-month to 27,122 in July of 2018 from 37,202 in June. It is the lowest reading since November of 2016. Most job cuts were announced in the consumer products sector (3,793), retail (2,697), health care/products (2,286), transportation (2,187) and computer (2,182). Year-on-year, job cuts declined 4.2 percent. So far this year, employers have announced 272,301 cuts, 6.7 percent higher than the 255,307 announced a year earlier. Retailers continue to lead in job cuts, with 75,763 announced so far this year. “The economy is at near-full employment. Nearly 90 percent of companies recently polled by Challenger are either actively hiring or in retention mode. Companies are not letting go of their workforces right now,” said John Challenger, Chief Executive Officer of Challenger, Gray & Christmas, Inc. 2018-08-02T11:39:39.867"
US Stocks Close Mixed on Wednesday,Stock Market,"US Stocks Close Mixed on WednesdayUnited States Stock MarketWall Street closed mixed on Wednesday 1 August 2018, as trade fears persisted; the Fed left rates unchanged and upgraded its view on the economy; and Apple’s new high following solid earnings nudged tech stocks. The Dow Jones retreated 81 points or 0.3% to 25334. The S&P 500 lost 3 points or 0.1% to 2813. In contrast, the Nasdaq gained 36 points or 0.5% to 7707. 2018-08-01T20:08:47.277"
Fed Leaves Rates Steady,Interest Rate,"Fed Leaves Rates SteadyUnited States Interest RateThe Federal Reserve kept the target range for the federal funds rate at 1.75 percent to 2 percent during its August 2018 meeting, in line with market expectations. Policymakers said the labor market has continued to strengthen and economic activity has been rising at a strong rate, suggesting a rate hike at its next meeting in September is likely.2018-08-01T18:03:00"
US Crude Inventories Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Inventories Unexpectedly RiseUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up by 3.803 million barrels in the week ended July 27th 2018, following a 6.147 million drop in the previous week. It compares with market expectations of a 2.794 million decrease. Meanwhile, stocks of gasoline went down by 2.536 million barrels while markets expected a 1.288 million drop. 2018-08-01T14:32:28.553"
US Factory Growth at 3-Month Low: ISM,Business Confidence,"US Factory Growth at 3-Month Low: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US fell to 58.1 in July of 2018 from 60.2 in the previous month, below market expectations of 59.5. The reading pointed to the weakest expansion in the manufacturing sector in three months amid a slowdown in new orders, export orders and production. Demand remains robust but manufacturers keep showing concerns about how tariff-related activity, including reciprocal tariffs, will continue to affect their business.2018-08-01T14:06:00"
US Construction Spending Posts Biggest Drop in Over a Year,Construction Spending,"US Construction Spending Posts Biggest Drop in Over a YearUnited States Construction SpendingUS construction spending fell 1.1 percent month-over-month to a seasonally adjusted annual rate of USD 1.32 trillion in June 2018, following an upwardly revised 1.3 percent growth in May and missing market expectations of a 0.3 percent gain. It was the largest decline in construction spending since April 2017. Investment in public construction projects tumbled 3.5 percent in June (vs 3 percent in May), the steepest fall since March 2013, and spending on private residential projects fell 0.5 percent (vs 1.3 percent in May).2018-08-01T14:06:40.347"
US Manufacturing PMI Revised Down: Markit,Manufacturing PMI,US Manufacturing PMI Revised Down: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI edged down to 55.3 in July of 2018 from a preliminary of 55.5 and 55.4 in June. The reading pointed to the slowest expansion in factory activity in five months amid weaker rises in output and employment and higher inflationary pressures while export sales fell for the second month in a row.2018-08-01T13:51:00
US 10-Year Yield Hits 3%,Government Bond 10Y,US 10-Year Yield Hits 3%United States Government Bond 10YThe 10-year yield hit 3% for the first time since June 13th on Wednesday following news that the US government intends to increase its borrowing from the bond market in the coming quarter. A stronger-than-expected jobs report from ADP also supported.2018-08-01T12:49:00
US Private Sector Adds The Most Jobs in 5 Months,ADP Employment Change,"US Private Sector Adds The Most Jobs in 5 MonthsUnited States ADP Employment ChangePrivate businesses in the United States hired 219 thousand workers in July of 2018, compared with an upwardly revised 181 thousand in June and beating market expectations of 185 thousand. It is the highest reading in five months. The service-providing sector added 177 thousand jobs, boosted by education and health (48 thousand); professional and business (47 thousand); leisure and hospitality (37 thousand); trade, transportation and utilities (21 thousand); financial activities (15 thousand); and other services (9 thousand); while the information sector lost 1 thousand jobs. The goods-producing sector added 42 thousand jobs supported by manufacturing (23 thousand); construction (17 thousand) and natural resources and mining (3 thousand). Midsized companies were the ones hiring the most workers (119 thousand), followed by small (52 thousand) and large (48 thousand).2018-08-01T12:20:00"
US 10Y Bond Yield Hits 10-week High,Government Bond 10Y,US 10Y Bond Yield Hits 10-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 10-week high of 2.9859%2018-08-01T12:00:53.627
US Mortgage Applications Fall for 3rd Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 3rd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States declined 2.6 percent in the week ended July 27th 2018, after edging down 0.2 percent in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home dropped 3.1 percent and refinance applications went down 1.7 percent. The average fixed 30-year mortgage rate jumped 7bps at 4.84 percent.2018-08-01T11:03:11.37"
Apple earnings at 2.34 USD,Earnings,Apple earnings at 2.34 USDUnited States EarningsApple (AAPL) released earnings per share at 2.34 USD.2018-07-31T20:38:09.177
US Stocks Climb on Tuesday,Stock Market,"US Stocks Climb on TuesdayUnited States Stock MarketWall Street closed moderately in the green on Tuesday 31 July 2018, as news that the United States and China are trying to restart trade talks lifted sentiment. The Dow Jones gained 108 points or 0.4% to 25416. The S&P 500 climbed 14 points or 0.5% to 2816. The Nasdaq added 42 points or 0.6% to 7672.2018-07-31T20:09:26.403"
Chicago PMI at 6-Month High in July,Chicago Pmi,"Chicago PMI at 6-Month High in JulyUnited States Chicago PmiThe Chicago Business Barometer for the US rose 1.4 points to 65.5 in July of 2018, beating market expectations of 62 and reaching a new high since January. New orders and production also recorded six-month highs in July, traditionally a busy month for firms coinciding with the summer holiday season. Also, backlogs of orders capped a third straight rise by hitting a nine-month high; employment rose for the third month and price pressures were the highest since September of 2008 with multiple firms attributing it to recently implemented tariffs on imported goods.2018-07-31T13:58:10.303"
US Home Prices Rise More than Expected: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Prices Rise More than Expected: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-City Composite Home Price Index in the US rose 6.5 percent year-on-year in May 2018, following an upwardly revised 6.7 percent advance in April and beating market expectations of 6.4 percent. Seattle recorded the biggest increase (13.6 percent), followed by Las Vegas (12.6 percent) and San Francisco (10.9 percent). Meanwhile, the national index, covering all nine US census divisions rose 6.4 percent in May, the same pace as in the previous month.2018-07-31T13:08:33.87"
US PCE Prices Rise in Line With Forecasts,PCE Price Index Monthly Change,"US PCE Prices Rise in Line With ForecastsUnited States PCE Price Index Monthly ChangeThe personal consumption expenditures (PCE) price index in the United States edged up 0.1 percent month-over-month in June of 2018, following a 0.2 percent rise in May, matching market expectations. Prices for goods declined 0.1 percent (+0.1 percent in May), with those of durable goods dropping 0.3 percent (-0.1 percent) and nondurables rising at a slower 0.1 percent (0.2 percent). Cost of services edged up 0.2 percent, the same as in May. Excluding food and energy, PCE prices also went up 0.1 percent , below 0.2 percent in May and matching forecasts. Year-on-year, the PCE price index rose 2.2 percent, the same as in May and the core index rose 1.9 percent, also the same as in the previous month. 2018-07-31T12:46:40.08"
US Employment Costs Rise Less than Expected,Employment Cost Index,"US Employment Costs Rise Less than ExpectedUnited States Employment Cost IndexCompensation costs for civilian workers increased 0.6 percent in the second quarter of 2018, following a 0.8 percent rise in the previous period and slightly below market expectations of 0.7 percent. Wages and salaries, which make up about 70 percent of compensation costs, went up 0.5 percent (vs 0.9 percent in Q1) and benefits, which make up the remaining 30 percent of compensation, rose 0.9 percent (vs 0.7 percent in Q4), the highest gain in four years. Year-on-year, compensation costs for civilian workers increased 2.8 percent, the biggest annual gain since the third quarter of 2008.2018-07-31T12:35:00"
US Personal Income Rises 0.4% MoM in June,Personal Income,"US Personal Income Rises 0.4% MoM in JuneUnited States Personal IncomePersonal income in the United States increased 0.4 percent month-over-month in June 2018, the same pace as in the previous month and in line with market expectations. Wages and salaries rose faster (0.4 percent from 0.3 percent in May) and disposable income advanced 0.4 percent (the same as in May). The saving rate was unchanged at 6.8 percent.2018-07-31T12:34:00"
US Personal Spending Rises 0.4% in June,Personal Spending,"US Personal Spending Rises 0.4% in JuneUnited States Personal SpendingPersonal spending in the United States rose 0.4 percent month-over-month in June 2018, following an upwardly revised 0.5 percent gain in May and matching market expectations. It was the smallest increase in personal spending in four months.2018-07-31T12:32:38.557"
US Stocks Close Lower on Monday,Stock Market,US Stocks Close Lower on MondayUnited States Stock MarketWall Street traded lower on Monday afternoon as tech shares extended losses from last week after disappointing quarterly results for companies like Facebook and Twitter. The Dow Jones retreated 144 points or 0.6% to 25307. The S&P 500 lost 16 points or 0.6% to 2803. The Nasdaq plunged 108 points or 1.4% to 7630.2018-07-30T20:08:25.363
US Stocks Fall,Stock Market,"US Stocks FallUnited States Stock MarketWall Street traded lower on Monday afternoon as tech shares extended losses from last week after disappointing quarterly results for companies like Facebook and Twitter. The Dow Jones fell 0.3%, the S&P 500 declined 0.4% and the Nasdaq traded 1.1% lower around 1:55 PM NY time.2018-07-30T18:09:27.41"
Dallas Fed Manufacturing Index Above Forecasts,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Above ForecastsUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 32.3 in July of 2018 from 36.5 in June, beating market expectations of 31. New orders slowed (23.3 from 29.6) and stocks of finished goods declined (-1.9 from 5.8). On the other hand, faster increases were seen in production (29.4 from 23.3), unfilled orders (14.9 from 13), shipments (30.8 from 25.5) wages (32.4 from 31.4) and hours worked (22.2 from 20.2) and price pressures eased for both prices paid (48.6 from 53.6) and received (22.9 from 26.2). Expectations regarding future business conditions remained largely optimistic in July. The indexes of future general business activity and future company outlook were largely unchanged at 36.2 and 37.2 respectively.2018-07-30T14:45:21.197"
US Pending Home Sales Drop 2.5% YoY,Pending Home Sales,"US Pending Home Sales Drop 2.5% YoYUnited States Pending Home SalesContracts to buy previously owned homes in the United States shrank 2.5 percent year-on-year in June of 2018, following a 2.2 percent drop in May. It is the sixth consecutive month of annual declines in pending home sales. Sales fell in the the West (-5.6 percent), the Northeast (-4.1 percent), the Midwest (-2.1 percent) and the South (-0.3 percent). On a month-over-month basis, sales went up 0.9 percent, rebounding from a 0.5 percent drop in May and compared to market expectations of a 0.1 percent gain. 2018-07-30T14:08:44.367"
US 10Y Bond Yield Hits 9-week High,Government Bond 10Y,US 10Y Bond Yield Hits 9-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 9-week high of 2.9821%2018-07-30T09:34:35.753
US Stocks Close Lower on Friday,Stock Market,"US Stocks Close Lower on FridayUnited States Stock MarketWall Street closed mixed on Friday 27 July 2018, led by significant losses in the tech sector after Intel and Twitter quarterly results disappointed investors, following weak earnings and downwardly revised revenue forecasts from Facebook on Thursday. Declines came despite the advance estimate for GDP growth showing the US economy expanded an annualized 4.1% in Q2, the strongest in nearly 4 years. The Dow Jones lost 76 points or 0.3% to 25451. The S&P 500 retreated 19 points or 0.7% to 2819. The Nasdaq declined 115 points or 1.5% to 7737.2018-07-27T20:06:16.493"
US Stocks Fall on Friday,Stock Market,"US Stocks Fall on FridayUnited States Stock MarketWall Street traded in the red on Friday afternoon, led by losses in the tech sector after Intel and Twitter quarterly results disappointed investors. It follows a similar weak report from Facebook on Thursday. Declines come despite the advance estimate for GDP growth showed the US economy expanded an annualized 4.1% in Q2, the strongest in nearly 4 years. The Dow Jones fell 0.5%, the S&P 500 went down 0.9% and the Nasdaq plunged 1.7% around 1:30 PM NY time. 2018-07-27T17:41:38.667"
US July Consumer Sentiment Revised Higher,Consumer Confidence,"US July Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US came in at a six-month low of 97.9 in July 2018, above the preliminary reading of 97.1 and little-changed from June's 98.2. Both consumer expectations and current economic conditions came in stronger than initially thought.  2018-07-27T14:03:00"
US GDP Growth Highest in Near 4 Years in Q2,GDP Growth Rate,"US GDP Growth Highest in Near 4 Years in Q2United States GDP Growth RateThe US economy advanced an annualized 4.1 percent on quarter in the second quarter of 2018, well above an upwardly revised 2.2 percent expansion in the previous period and in line with market expectations. It is the strongest growth rate since the third quarter of 2014 amid higher consumer spending and soybean exports while business spending slowed, the advance estimate showed. 2018-07-27T12:41:26.41"
Exxon Mobil earnings at 0.92 USD,Earnings,Exxon Mobil earnings at 0.92 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 0.92 USD.2018-07-27T12:18:03.53
US 10Y Bond Yield Hits 6-week High,Government Bond 10Y,US 10Y Bond Yield Hits 6-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 6-week high of 2.9783%2018-07-27T01:38:37.257
Amazon earnings at 5.07 USD,Earnings,Amazon earnings at 5.07 USDUnited States EarningsAmazon (AMZN) released earnings per share at 5.07 USD.2018-07-26T20:59:13.247
US Stocks Close Mixed on Thursday,Stock Market,"US Stocks Close Mixed on ThursdayUnited States Stock MarketWall Street closed mixed on Thursday 26 July 2018, mainly dragged down by Facebook shares after the company revised downwards its revenue forecasts. The Dow Jones gained 114 points or 0.5% to 25528. The S&P 500 lost 9 points or 0.3% to 2837. The Nasdaq plunged 80 points or 1.0% to 7852.2018-07-26T20:04:47.063"
US 10Y Bond Yield Hits 9-week High,Government Bond 10Y,US 10Y Bond Yield Hits 9-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 9-week high of 2.9802%2018-07-26T19:28:07.587
US Stocks Trade Mixed,Stock Market,"US Stocks Trade Mixed United States Stock MarketWall Street traded mostly in the red on Thursday, mainly dragged down by Facebook shares after the company's revenues came below expectations. The S&P 500 fell 0.2% and the Nasdaq slumped 1% while the Dow Jones was up 0.6% around 15 minutes after the opening bell. 2018-07-26T13:53:16.627"
US Wholesale Inventories Flat in June,Wholesale Inventories,"US Wholesale Inventories Flat in JuneUnited States Wholesale InventoriesWholesale inventories in the United States were barely unchanged in June of 2018 from the previous month, following a downwardly revised 0.4 percent rise in May and below market expectations of a 0.5 percent gain. Stocks of nondurable goods declined 0.9 percent after a 0.4 percent rise in May. On the other hand, inventories of durable goods went up 0.6 percent after a 0.4 percent rise in May, preliminary estimates showed. Year-on-year, inventories increased 5.1 percent. 
2018-07-26T12:42:58.737"
US Durable Goods Orders Rebound Weaker than Expected,Durable Goods Orders,"US Durable Goods Orders Rebound Weaker than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods rose 1 percent month-over-month in June 2018, following a downwardly revised 0.3 percent drop in May and missing market expectations of a 3 percent jump. Transportation equipment led the increase.2018-07-26T12:33:32.44"
US Jobless Claims Rise More than Expected,Initial Jobless Claims,"US Jobless Claims Rise More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits rose by 9 thousand to 217 thousand in the week ending in July 21 from the previous week's upwardly revised level of 208 thousand. It was the highest reading since the week ending in June 30, and above market expectations of 215 thousand. The previous week was revised up by 1,000 from 207,000 to 208,000. According to unadjusted data, the biggest gains in claims were recorded in Michigan (3,583), Kentucky (+2,593), Missouri (+958), Kansas (+320) and District of Columbia (+54) while the largest decreases were seen in New York (-8,257), Georgia (-3,954), Alabama (-3,551), Pennsylvania (-2,366) and Oregon (-1,892). Claims declined in Puerto Rico (-50) while increased in Virgin Islands (+1).2018-07-26T12:31:00"
Facebook earnings at 1.74 USD,Earnings,Facebook earnings at 1.74 USDUnited States EarningsFacebook (FB) released earnings per share at 1.74 USD.2018-07-25T20:17:29.947
US Stocks Surge on Trade Concessions,Stock Market,"US Stocks Surge on Trade ConcessionsUnited States Stock MarketWall Street closed deeply in the green on 25 July 2018, as strong earnings and reports that President Trump secured concessions from the European Union to avoid a trade war boosted investors’ confidence. The Dow Jones jumped 172 points or 0.7% to 25414. The S&P 500 climbed 26 points or 0.9% to 2846. The Nasdaq soared 92 points or 1.2% to a new high of 7932, ahead of Facebook’s earnings report. 2018-07-25T20:09:04.417"
US 10Y Bond Yield Hits 6-week High,Government Bond 10Y,US 10Y Bond Yield Hits 6-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 6-week high of 2.9653%2018-07-25T19:56:06.35
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 6.147 million barrels in the week ended July 20th 2018, following a 5.836 million rise in the previous week. It compares with market expectations of a 2.331 million decrease. Meanwhile, stocks of gasoline went down by 2.328 million barrels while markets expected a 0.713 million drop. 2018-07-25T14:34:54.21"
US New Home Sales at 8-Month Low,New Home Sales,"US New Home Sales at 8-Month LowUnited States New Home SalesSales of new single-family houses in the United States declined 5.3 percent from the previous month to a seasonally adjusted annual rate of 631 thousand in June of 2018, following a downwardly revised 3.9 percent gain in May. It is the lowest rate since October, worse than market expectations of 670 thousand. Sales in the South fell sharply after hitting their highest level in nearly 11 years in May.2018-07-25T14:06:30.34"
US Mortgage Applications Fall for 2nd Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States edged down 0.2 percent in the week ended July 20th 2018, after declining 2.5 percent in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home dropped 1 percent while refinance applications rose 0.9 percent. The average fixed 30-year mortgage rate was unchanged at 4.77 percent.2018-07-25T11:05:30.8"
US Stocks Close Mostly Higher on Tuesday,Stock Market,"US Stocks Close Mostly Higher on TuesdayUnited States Stock MarketWall Street closed mostly in the green on Tuesday 24 July 2018, after better-than-expected earnings reports for companies including Alphabet, Eli Lilly, Biogen and United Technologies lifted investors' mood. The Dow Jones gained 198 points or 0.8% to 25242. The S&P 500 increased 13 points or 0.5% to 2820. The Nasdaq closed practically flat at 7841. 2018-07-24T20:09:11.793"
US Richmond Fed Index Above Forecasts,Richmond Fed Manufacturing Index,"US Richmond Fed Index Above ForecastsUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 20 in July of 2018 from an upwardly revised 21 in June, above market expectations of 18. A slowdown was seen in shipments (16 from 17 in June), backlogs of orders (4 from 20), employment (22 from 23), average workweek (10 from 11) while price pressures intensified for both prices paid (3.54 from 3.14) and received (2.24 from 1.72). On the other hand, new orders volumes were flat at 22 and firms were optimistic, expecting to see robust growth across most indicators in the coming months.2018-07-24T14:25:42.87"
US Service Growth Remains Robust in July: Markit,Services PMI,"US Service Growth Remains Robust in July: MarkitUnited States Services PMIThe IHS Markit US Services PMI dropped to 56.2 in July 2018 from the previous month's 56.5 and below market consensus of 56.5. Still, the latest reading signalled a robust rise in service sector output, due to another sharp rise in new business intakes. Also, backlogs of work fell for the first time since April 2017 and business optimism regarding the year ahead outlook improved, while employment growth eased to a six-month low. On the price front, input cost inflation remained high and prices charged rose the most since the survey began in October 2009.2018-07-24T13:59:56.697"
US Factory Growth Slightly Higher than Expected: Markit,Manufacturing PMI,"US Factory Growth Slightly Higher than Expected: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI edged up to 55.5 in July of 2018 from 55.4 in June and above market expectations of 55.4, flash estimates showed. The reading pointed to a slightly stronger growth of the manufacturing sector amid a robust rise in new orders and a solid upturn in both production volumes and employment.2018-07-24T13:57:00"
US Private Sector Growth Remains Solid: Markit,Composite Pmi,"US Private Sector Growth Remains Solid: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI fell to 55.9 in July 2018 from 56.2 in the previous month and slightly below market expectations of 56. Still, the reading pointed to a strong pace of expansion in the private sector, supported by strong increases in both services activity (PMI at 56.2 vs 56.5 in June) and manufacturing output (PMI at 55.5 vs 55.4).2018-07-24T13:50:39.587"
US Stocks Rise on Earnings,Stock Market,"US Stocks Rise on EarningsUnited States Stock MarketWall Street opened higher on Tuesday after better-than-expected earnings reports for companies including Alphabet, Eli Lilly, Biogen and United Technologies lifted investors' mood. The Dow Jones was up 0.6%, the S&P 500 0.7% and the Nasdaq 1.1% around 9 minutes after the opening bell.2018-07-24T13:43:00"
US House Prices Rise Less than Expected: FHFA,FHFA House Price Index MoM,"US House Prices Rise Less than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States edged up 0.2 percent month-over-month in May of 2018, following an upwardly revised 0.2 percent gain in April and below market expectations of 0.4 percent. Price changes ranged from -0.6 percent in the East North Central division to +1.5 percent in the East South Central division. Year-on-year, house prices went up 6.4 percent. The yearly changes were all positive, ranging from +4.9 percent in the West South Central division to +9.1 percent in the Mountain division.2018-07-24T13:08:04.11"
US 10Y Bond Yield Hits 5-week High,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 5-week high of 2.9652%2018-07-24T12:34:03.277
Alphabet earnings at 11.75 USD,Earnings,Alphabet earnings at 11.75 USDUnited States EarningsAlphabet (GOOGL) released earnings per share at 11.75 USD.2018-07-23T20:49:15.56
US 10Y Bond Yield Hits 5-week High,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 5-week high of 2.93%2018-07-23T14:19:19.447
US Existing Home Sales Drop for 3rd Month,Existing Home Sales,"US Existing Home Sales Drop for 3rd Month United States Existing Home SalesSales of previously owned houses in the US declined 0.6 percent month-over-month to a seasonally adjusted annual rate of 5.38 million in June of 2018 from a drownwardly revised 5.41 million in May. It compares with market expectations of a 0.5 percent rise to 5.44 million. It is the third straight fall and the lowest rate in five months. The median house price increased to an all-time high of $276,900 from $265,100 in May and the months' worth of supply edged up to 4.3 from 4.1. In addition, the number of houses available in the market increased to 1.95 million from 1.87 million in May. Year-on-year, existing home sales fell 2.2 percent.2018-07-23T14:08:00"
Chicago Fed National Activity Index Above Forecasts,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Above ForecastsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index jumped to 0.43 in June 2018 from a downwardly revised -0.45 in the previous month, and above market expectations of 0.25. Production-related indicators contributed +0.36 to the index (vs -0.56 in May), as manufacturing industrial production increased 0.8 percent in June after declining 1 percent in May. Also, the sales, orders, and inventories category made a contribution of +0.06 to the CFNAI (vs +0.03 in May), and employment-related indicators contributed +0.08 (vs +0.11 in May). Meanwhile, the contribution of the personal consumption and housing category edged down to -0.06 in June from -0.04 in May due to a drop in both housing starts and building permits.2018-07-23T12:40:00"
US Stocks Edge Down on Friday,Stock Market,US Stocks Edge Down on FridayUnited States Stock MarketWall Street closed modestly in the red on Friday 20 July 2018 as heightened trade tensions offset strong earnings reports from Microsoft and Honeywell. The Dow Jones edged down 7 points or less than 0.1% to 25058. The S&P 500 lost 3 points or 0.1% to 2802. The Nasdaq inched down 5 points or 0.1% to 7820.2018-07-20T20:12:42.1
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-week high of 2.8821%2018-07-20T14:50:35.673
Dollar Weakens Further on Trump Comments,Currency,Dollar Weakens Further on Trump CommentsUnited States CurrencyThe dollar index dropped 0.6% to 94.59 against a basket of major currencies on Friday after US president Donald Trump criticized the Federal Reserve for raising interest rates and accused China and the EU of manipulating their currencies.2018-07-20T13:59:33.187
Microsoft earnings at 1.13 USD,Earnings,Microsoft earnings at 1.13 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 1.13 USD.2018-07-19T20:19:57.093
US Stocks Close Lower on Trump's Fed Comments,Stock Market,"US Stocks Close Lower on Trump's Fed CommentsUnited States Stock MarketWall Street closed in the red on Thursday 19 July 2018 despite strong earnings, as President Donald Trump criticized the Fed's interest rate hikes and investors awaited further developments in global trade disputes. The Dow Jones lost 135 points or 0.5% to 25065. The S&P 500 retreated 11 points or 0.4% to 2805. The Nasdaq declined 29 points or 0.4% to 7825.2018-07-19T20:09:17.423"
The Dow Jones Index is down by 0.57%,Stock Market,"The Dow Jones Index is down by 0.57%United States Stock MarketUnited States Stock Market is losing 143 points. Losses were led by Travelers Companies (-2.86%), DowDuPont Inc (-2.09%) and Procter & Gamble (-1.83%). Offsetting the fall, top gainers were IBM (4.00%), Walt Disney (2.50%) and UnitedHealth (1.26%).2018-07-19T14:00:02.2"
Philadelphia Fed Manufacturing Index Above Forecasts,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Above ForecastsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States rose by 5.8 points to 25.7 in July 2018 from the previous month's 20-month low of 19.9 and above market expectations of 21.5. New order growth picked up (up 13.5 points to 31.4), while a slowdown was seen in both shipments (down 4 points to 24.7) and employment (down 13.6 points to 16.8). Also, firms reported, on balance, increases in unfilled orders and longer delivery times; and manufacturers continued to report higher prices for both purchased inputs and their own manufactured goods. Expectations for the next six months continued to moderate but remain positive overall.2018-07-19T12:43:00"
US Jobless Claims Fall Unexpectedly to Lowest Since 1969,Initial Jobless Claims,"US Jobless Claims Fall Unexpectedly to Lowest Since 1969United States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits fell by 8 thousand to 207 thousand in the week ending in July 14 from the previous week's upwardly revised level of 215 thousand. It was the lowest reading since the week ending December 6, 1969 and surprising markets which expected a rise to 220 thousand. According to unadjusted data, the biggest decreases in claims were recorded in New York (-9,722), Michigan (-9,389), New Jersey (-4,847), Kentucky (-2,288) and Massachusetts (-2,279) while largest gains were seen in California +(7,015), Georgia (+3,750), Alabama (+2,598) and South Carolina (+1,127). Claims dropped in Puerto Rico (-866) and Virgin Islands (-22).2018-07-19T12:32:00"
Dollar Index Hits 52-week High,currency,Dollar Index Hits 52-week HighUnited States currencyUS Dollar increased to a 52-week high of 95.542018-07-19T11:04:44.61
US Crude Oil Inventories Rise in Latest Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise in Latest WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States jumped by 5.836 million barrels in the week ended July 13th 2018, following a 12.633 million drop in the previous week, which was the highest decline in crude inventories since the week ended September 2nd 2016. It compares with market expectations of a 3.622 million decrease. Meanwhile, stocks of gasoline went down by 3.165 million barrels while markets expected a 0.044 million drop. 2018-07-18T14:34:46.227"
US Building Permits Unexpectedly Fall in June,Building Permits,"US Building Permits Unexpectedly Fall in JuneUnited States Building PermitsBuilding permits in the United States fell 2.2 percent from the previous month to a seasonally adjusted annual rate of 1,273 thousand in June 2018, while markets were expecting a 2.2 percent rise to 1,330 thousand. Multi-family permits declined 7.6 percent to 423 thousand, while single-family authorizations increased 0.8 percent to 850 thousand. Across regions, permits went down in the Midwest (-18.7 percent), the Northeast (-16.4 percent) and the West (-1.8 percent), but rose in the South (6.2 percent).2018-07-18T12:36:10.247"
US Housing Starts at 9-Month Low,Housing Starts,"US Housing Starts at 9-Month LowUnited States Housing StartsHousing starts in the US plunged 12.3 percent month-over-month to an annualized rate of 1,173 thousand in June of 2018, following a downwardly revised 4.8 percent rise in May. It is the lowest rate since September of 2017 and the biggest drop since November of 2016. It compares with market expectations of 1,320 thousand rate. In May, housing stats were at 1,337 thousand, the highest rate since July of 2007.2018-07-18T12:34:00"
US Mortgage Applications Drop in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Drop in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States fell 2.5 percent in the week ended July 13th 2018, after rising 2.5 percent in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home declined 5.2 percent and refinance applications dropped 2.2 percent. The average fixed 30-year mortgage rate edged up by 1bps to 4.77 percent.2018-07-18T11:04:03.023"
Dollar Gains on Powel Testimony,Currency,"Dollar Gains on Powel TestimonyUnited States CurrencyThe dollar index rose 0.3% to 95.22 against a basket of currencies Wednesday morning as Powell's support for more rate hikes lifted the US currency. The outlook continues to be consistent with two further increases this year, likely in September and December.2018-07-18T07:48:38.173"
US Stocks Close Higher on Tuesday,Stock Market,US Stocks Close Higher on TuesdayUnited States Stock MarketWall Street closed in the green on Tuesday 17 July 2018 buoyed by upbeat comments in Fed Chairman Powell's testimony and a new Nasdaq all-time high led by a record in Amazon shares. The Dow Jones gained 56 points or 0.2% percent to 25120. The S&P 500 increased 11 points or 0.4% to 2810. The Nasdaq climbed 49 points or 0.6% 7855.2018-07-17T21:09:02.417
US Treasury International Capital Flows Beat Expectations,Capital Flows,"US Treasury International Capital Flows Beat ExpectationsUnited States Capital FlowsOverseas investors bought USD 69.9 billion of US assets, including short-dated instruments in May of 2018, after buying USD 138.7 billion in the previous month. Meanwhile, foreigners bought USD 45.6 billion of long-term US securities, including government and corporate, after buying USD 93.9 billion in the previous month. Foreign investors bought USD 26.7 billion of Treasures in April after selling USD 4.8 billion in the previous month.2018-07-17T20:09:00"
Fed Chair Sets Positive Tone for the Economy,Interest Rate,"Fed Chair Sets Positive Tone for the EconomyUnited States Interest RateWith a strong job market, inflation close to the objective, and the risks to the outlook roughly balanced, the FOMC believes that for now the best way forward is to keep gradually raising the federal funds rate, Fed Chair Powell said in its semiannual Monetary Policy Report before the Committee on Banking, Housing, and Urban Affairs, US Senate. Fed Chair also gave a positive tone for the outlook: interest rates and financial conditions remain favorable to growth; the financial system is much stronger than before the crisis; federal tax and spending policies likely will continue to support the expansion; and the outlook for economic growth abroad remains solid despite greater uncertainties in several parts of the world. However, Fed Powell added that it is difficult to predict the ultimate outcome of current discussions over trade policy as well as the size and timing of the economic effects of the recent changes in fiscal policy.2018-07-17T14:54:00"
US NAHB Housing Market Index Steady in July,Nahb Housing Market Index,"US NAHB Housing Market Index Steady in JulyUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States was unchanged at 68 in July of 2018, the same as in the previous month and in line with market expectations. The index measuring current single-family home sales was steady at 74 and the component gauging sales expectations in the next six months fell to 73 from 76. Meanwhile, the prospective buyer index also increased to 52 from 50.2018-07-17T14:05:00"
US Industrial Output Rebounds in June,Industrial Production Mom,"US Industrial Output Rebounds in JuneUnited States Industrial Production MomUS industrial output rose 0.6 percent month-over-month in June 2018, recovering from an upwardly revised 0.5 percent contraction in May and matching market expectations. The production of motor vehicles and parts rebounded last month after truck assemblies fell sharply in May because of a disruption at a parts supplier.2018-07-17T13:17:00"
Johnson & Johnson earnings at 2.10 USD,Earnings,Johnson & Johnson earnings at 2.10 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.10 USD.2018-07-17T10:50:35.74
US Business Inventories Rise 0.4% in May,Business Inventories,"US Business Inventories Rise 0.4% in MayUnited States Business InventoriesManufacturers’ and trade inventories in the United States rose 0.4 percent month-over-month to USD 1.94 trillion in May 2018, following a 0.3 percent gain in April and matching market consensus. Stocks at wholesalers increased the most (0.6 percent vs 0.1 percent in April), followed by inventories at retailers (0.4 percent, the same as in April) and at manufacturers (0.2 percent vs 0.4 percent). By kind of business, there were increases in stocks at motor vehicle & parts dealers (0.9 percent vs 0.8 percent), food & beverage stores (0.6 percent vs -0.9 percent), and general merchandise stores (0.3 percent vs 1 percent). Retail inventories excluding autos, which go into the calculation of GDP, edged up 0.1 percent in May, after a 0.2 percent gain in the previous month. Year-on-year, total business stocks increased 4.4 percent.2018-07-16T14:07:00"
US Retail Sales Rise Solidly in June,Retail Sales MoM,"US Retail Sales Rise Solidly in JuneUnited States Retail Sales MoMUS retail trade rose by 0.5 percent month-over-month in June 2018, following an upwardly revised 1.3 percent advance in May and matching market expectations. June's gains were boosted by increases in purchases of motor vehicles and a range of other goods.2018-07-16T12:33:34.917"
US NY Empire State Manufacturing Index Above Expectations,NY Empire State Manufacturing Index,"US NY Empire State Manufacturing Index Above ExpectationsUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States fell 2.4 points from the previous month to 22.6 in July 2018, slightly above market expectations of 22. The new orders index declined 3.1 points to 18.2, while the shipments index dropped 8.9 to 14.6. Delivery times continued to increase, and inventories decreased marginally. Labor market indicators pointed to continued sturdy growth in employment (-1.8 points to 17.2) and a modest increase in the workweek (-6.4 points to 5.6). The prices paid index fell 10 points to 42.7, indicative of widespread ongoing input price pressures; the prices received index was almost unchanged at 22.2. Looking ahead, firms were less optimistic about the six-month outlook than they were the prior month.2018-07-16T12:33:00"
US Stocks Edge Up on Friday,Stock Market,"US Stocks Edge Up on FridayUnited States Stock MarketWall Street closed modestly in the green on Friday 13 July 2018, as JP Morgan’s revenue missed estimates and President Trump is reportedly considering tapping emergency oil supplies to tame crude prices. The Dow Jones climbed 95 points or 0.4% to 25019. The S&P 500 edged up 3 points or 0.1% to 2801. The Nasdaq inched up 2 points or less than 0.1% to a new high of 7826. 2018-07-13T20:16:46.797"
US 10Y Bond Yield Hits 6-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 6-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 6-week low of 2.8253%2018-07-13T18:36:57.387
Stocks in United States Hit 4-week High,Stock Market,Stocks in United States Hit 4-week HighUnited States Stock MarketDow Jones increased to a 4-week high of 250052018-07-13T14:54:57.193
US Consumer Sentiment at 6-Month Low,Consumer Confidence,"US Consumer Sentiment at 6-Month LowUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US fell to 97.1 in July of 2018 from 98.2 in June, missing market expectations of 98.2. It is the lowest reading in six months, due to a drop in the current conditions gauge amid rising concerns about the potential negative impact of tariffs on the domestic economy, preliminary estimates showed. 2018-07-13T14:05:58.237"
US Import Prices Post Biggest Drop in Over 2 Years,Import Prices MoM,"US Import Prices Post Biggest Drop in Over 2 YearsUnited States Import Prices MoMUS import prices fell 0.4 percent month-over-month in June 2018, following an upwardly revised 0.9 percent jump in the previous month and missing market consensus of a 0.1 percent gain. The June decline was the largest monthly drop since February 2016 as import fuel prices decreased 0.7 percent, after a 6.1 percent advance in May, due to falling prices for both petroleum and natural gas. In addition, prices for nonfuel imports decreased 0.3 percent following a 0.2 percent increase in May, led by lower prices for foods, feeds, and beverages; consumer goods; capital goods; and automotive vehicles which more than offset higher prices for nonfuel industrial supplies and materials. Year-on-year, import prices went up 4.3 percent in June, after an upwardly revised 4.5 percent advance in May.2018-07-13T12:33:00"
US Export Prices Rise the Least in 4 Months,Export Prices MoM,"US Export Prices Rise the Least in 4 MonthsUnited States Export Prices MoMUS export prices increased 0.3 percent month-over-month in June 2018, after rising 0.6 percent the previous month and compared with market expectations of a 0.2 percent gain. It was the lowest rise in export prices since February, as prices of agricultural exports fell 1.0 percent, following a 1.6 percent gain in May, mainly due to declines in cost of soybeans (-2.6 percent) and corn (-3.1 percent). In addition, non-agricultural export prices went up 0.4 percent, easing from an upwardly revised 0.6 percent increase in the prior month. Year-on-year, export prices advanced 5.3 percent, the most since October 2011, after increasing 4.9 percent in the prior month and compared with market consensus of a 5.7 percent rise.





2018-07-13T12:32:00"
JPMorgan Chase earnings at 2.29 USD,Earnings,JPMorgan Chase earnings at 2.29 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 2.29 USD.2018-07-13T10:55:37.347
US Stocks Surge and Nasdaq Hits New High on Thursday,Stock Market,"US Stocks Surge and Nasdaq Hits New High on ThursdayUnited States Stock MarketWall Street closed deeply in the green on Thursday 12 July 2018 and the Nasdaq hit a new record, as trade war fears eased, US inflation data matched expectations and earnings report for Delta Air Lines beat forecasts, nudging tech stocks like Amazon and Facebook to new all-time highs. The Dow Jones gained 224 points or 0.9% to 24925. The S&P 500 added 24 points or 0.9% to 2798. The Nasdaq surged 107 points or 1.4% to 7824. 2018-07-12T20:05:36.027"
US June Budget Deficit Smaller than Expected,Government Budget Value,"US June Budget Deficit Smaller than ExpectedUnited States Government Budget ValueThe US budget deficit narrowed to USD 75.0 billion in June 2018 from USD 90.2 billion in the same month of the previous year, and below market expectations of USD 98.2 billion. Outlays fell 9 percent to USD 391.0 billion and receipts dropped 7 percent to USD 316.0 billion. The gap for the fiscal year, which began last October, was USD 607 billion, compared to a deficit of USD 523 billion in the same period of the previous fiscal year.2018-07-12T18:06:00"
US Stocks Rise on Thursday,Stock Market,"US Stocks Rise on ThursdayUnited States Stock MarketWall Street opened higher on Thursday as trade war fears eased, US inflation data matched expectations and earnings report for Delta Air Lines beat forecasts. The Dow Jones went up 0.5%, the S&P 500 rose 0.4% and the Nasdaq traded 0.5% higher around 20 minutes after the opening bell. 2018-07-12T14:00:03.343"
US Inflation Rate Highest since 2012,Inflation Rate,"US Inflation Rate Highest since 2012United States Inflation RateThe inflation rate in the US edged up to 2.9 percent in June of 2018 from 2.8 percent in May, matching market expectations. It is the highest rate since February of 2012 when inflation was also at 2.9 percent. Inflation was higher only in December of 2011 when it reached 3 percent. On a monthly basis, prices increased 0.1 percent, lower than 0.2 percent in May and forecasts of 0.2 percent. Prices of shelter, gasoline, and food made the main upward pressure.2018-07-12T12:35:00"
US Initial Jobless Claims Fall to 2-Month Low,Initial Jobless Claims,"US Initial Jobless Claims Fall to 2-Month LowUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits decreased by 18 thousand to 214 thousand in the week ending July 7 from the previous week's upwardly revised level of 232 thousand. It was the lowest reading since the week ending May 5 and surprised markets which had expected a smaller decline to 225 thousand. Yet, last week's data included the Independence Day holiday, which this year fell on a Wednesday. It probably reflects volatility around such holidays. According to unadjusted data, the largest declines in claims were reported in California (-4,797), New Jersey (-3,615), Massachusetts (-2,588), Connecticut (-2,015) and Kentucky (-1,608) while the biggest increases were seen in New York (+15,306) and Michigan (+9,132). Claims rose in Puerto Rico (+1,142) and Virgin Islands (+4).

2018-07-12T12:32:00"
US Stocks Close Lower on New Tariffs,Stock Market,"US Stocks Close Lower on New TariffsUnited States Stock MarketWall Street closed moderately in the red on Wednesday 11 June 2018, ending a 4-day winning streak and tracking losses in Europe and in Asia after President Trump said he will impose new tariffs on $200 billion of Chinese imports. The Dow Jones declined 219 points or 0.9% to 24700. The S&P 500 lost 20 points or 0.7% to 2774. The Nasdaq dropped 43 points or 0.6% to 7717. 
2018-07-11T20:03:00"
Stocks in United States Move Down By 1%,stock market,Stocks in United States Move Down By 1%United States stock marketDow Jones decreased by 1% to 246712018-07-11T18:10:39.207
US Crude Oil Stocks Fall the Most in Near 2 Years,Crude Oil Stocks Change,"US Crude Oil Stocks Fall the Most in Near 2 YearsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States declined by 12.633 million barrels in the week ended July 6th 2018, following a 1.245 million rise in the previous week. It is the biggest drop in crude inventories since the week ended September 2nd 2016, compared to forecasts of a 4.489 million decrease. Meanwhile, stocks of gasoline went down by 0.694 million barrels while markets expected a 0.75 million drop. 2018-07-11T14:34:00"
US May Wholesale Inventories Revised Higher,Wholesale Inventories,"US May Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.6 percent month-over-month in May 2018, revised from a 0.5 percent rise initially estimated and compared with a 0.1 percent gain in April. Machinery inventories jumped 1.5 percent in May (vs 0.4 percent in April) and petroleum stocks rose 2.7 percent (vs 4 percent in April). There were also increases in wholesale stocks of professional and computer equipment as well as electrical equipment, metals, lumber, furniture and hardware. By contrast, wholesale auto inventories fell 1.2 percent in May after a 0.2 percent gain in April. Wholesale stocks excluding autos, which goes into the calculation of GDP, increased 0.8 percent in May. Year-on-year, wholesale inventories advanced 5.9 percent.2018-07-11T14:07:06.033"
US Stocks Fall on New Tariffs,Stock Market,"US Stocks Fall on New TariffsUnited States Stock MarketWall Street opened in the red on Wednesday, tracking losses in Europe and in Asia after President Trump said he will impose new tariffs on $200 billion of Chinese imports. The Dow Jones fell 0.6%, the S&P 500 declined 0.5% and the Nasdaq dropped 0.5% around 10 minutes after the opening bell.2018-07-11T13:47:30.46"
US Producer Prices Rise More than Expected,Producer Price Inflation MoM,"US Producer Prices Rise More than ExpectedUnited States Producer Price Inflation MoMProducer prices for final demand in the US advanced 0.3 percent month-over-month in June 2018, following a 0.5 percent gain in May and beating market expectations of 0.2 percent. Prices of services rose 0.4 percent (vs 0.3 percent in May) mainly due to a 21.8 percent jump in the index for fuels and lubricants retailing. Also, the cost of healthcare services rose 0.2 percent, driven by a 1 percent surge in prices for hospital outpatient care. Meanwhile, goods cost edged up 0.1 percent in June (vs 1 percent in May), as energy prices rose 0.8 percent while food cost declined 1.1 percent. The core index, which excludes food and energy, advanced 0.3 percent, also above market consensus of 0.2 percent. On a yearly basis, producer prices grew 3.4 percent, the largest gain since November 2011, and the core index rose 2.8 percent.2018-07-11T12:32:00"
US Mortgage Applications Rise in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Rise in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States went up 2.5 percent in the week ended July 6th 2018, after falling in the previous two weeks, data from the Mortgage Bankers Association showed. Applications to purchase a home rose 6.5 percent while refinance applications declined 3.8 percent. The average fixed 30-year mortgage rate fell by 3bps to 4.76 percent.2018-07-11T11:09:06.23"
US 10Y Bond Yield Hits 5-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 5-week low of 2.8254%2018-07-11T01:05:49.403
US Stocks Close Higher on Tuesday,Stock Market,"US Stocks Close Higher on TuesdayUnited States Stock MarketWall Street closed in the green on Tuesday 10 June 2018, as earnings season kicked off with Pont and Procter & Gamble posting strong results. The Dow Jones gained 143 points or 0.6% to 24920. The S&P 500 climbed 10 points or 0.4% to 2794. The Nasdaq edged up 4 points or less than 0.1% to 7759. 2018-07-10T20:13:52.81"
US Job Openings Down from Record High,Job Offers,"US Job Openings Down from Record HighUnited States Job OffersThe number of job openings in the US fell to 6.638 million in May of 2018 from an all-time high of 6.84 million in April, beating market expectations of 6.583 million. The job openings rate was 4.3 percent. Job openings decreased for total private (-228,000) and information (-60,000) and arts, entertainment, and recreation (-27,000) and was little changed for government. In contrast, job openings increased in federal government (+12,000) and mining and logging (+10,000). Meanwhile, the number of hires was little changed at 5.8 million.2018-07-10T14:09:00"
US Small Business Optimism Drops Less than Expected,NFIB Business Optimism Index,"US Small Business Optimism Drops Less than ExpectedUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US fell by 0.6 points to 107.2 in June of 2018, easily beating market expectations of 105.6. 'Small business owners continue to report astounding optimism as they celebrate strong sales, the creation of jobs, and more profits. The first six months of the year have been very good to small business thanks to tax cuts, regulatory reform, and policies that help them grow.', NFIB President and CEO said. Owners reported some of the strongest nominal sales in years; plans to invest in additional inventories advanced solidly; plans to create new jobs posted a solid gain and the percent of owners with open positions tied the record high. Also, reports of compensation increases remained historically high and finding qualified workers easily held on to the top spot in the “single most important business problem” list.2018-07-10T09:48:00"
US Stocks Extend Gains on Monday,Stock Market,"US Stocks Extend Gains on MondayUnited States Stock MarketWall Street closed higher on Monday 9 June 2018, extending Friday's gains after the jobs report for June came batter than expected and trade war concerns slowed. Investors also await the earnings season to kick off later in the week with reports from several banks expected on Friday. Financials, energy and tech shares were among the biggest gainers. The Dow Jones gained 320 points or 1.3% to 24777. The S&P 500 climbed 24 points or 0.9% to 2784. The Nasdaq added 68 points or 0.9% to 7756.2018-07-09T20:05:36.85"
US Consumer Credit Beats Expectations in May,Consumer Credit,"US Consumer Credit Beats Expectations in MayUnited States Consumer CreditConsumer credit in the United States went up by USD 24.56 billion in May of 2018, following an upwardly revised USD 10.27 billion gain in the previous month and comfortably beating market expectations of a USD 12.70 billion rise. It was the largest monthly gain in consumer credit since November of last year, as revolving credit including credit card borrowing increased by USD 9.70 billion, compared with a USD 1.10 billion increase in April. Meantime, nonrevolving credit including borrowing for student and auto loans climbed by USD 14.80 billion, after rising by USD 9.20 billion in the prior month.2018-07-09T19:07:55.57"
US Stocks Extend Gains,Stock Market,"US Stocks Extend GainsUnited States Stock MarketWall Street opened higher on Monday, extending Friday's gains after the jobs report for June came batter than expected and trade war concerns slowed. Investors also await the earnings season to kick off later in the week with reports from several banks expected on Friday. Financials, energy and tech shares were among the biggest gainers. The Dow Jones rose 0.8%, the S&P 500 0.6% and the Nasdaq 0.7% around 6 minutes after the opening bell.2018-07-09T13:49:00"
US 10Y Bond Yield Hits 5-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 5-week low of 2.8254%2018-07-09T00:04:37.31
US Stocks Close Higher on Friday,Stock Market,"US Stocks Close Higher on FridayUnited States Stock MarketWall Street closed in the green of Friday 6 July 2018, as US non-farm payrolls climbed by 213 thousand in June of 2018, following an upwardly revised 244 thousand in May and well above market expectations of 195 thousand, with the jobless rate rising to 4 percent from 3.8 percent in the previous month. The Dow Jones gained 100 points or 0.4% to 24457. The S&P 500 added 23 points or 0.9% to 2760. The Nasdaq surged 102 points or 1.3% to 7688. 2018-07-06T20:08:48.243"
US Stocks Rise amid Strong Jobs,Stock Market,"US Stocks Rise amid Strong JobsUnited States Stock MarketWall Street traded in the green on early afternoon Friday after a stronger-than-expected jobs report for June lifted investors' mood despite concerns of an escalating trade war between the US and China. On Friday, the US started levying tariffs on $34 billion of imports from China and China said it will also charge similar tariffs. The Dow Jones was up 0.5%, the S&P 500 increased 0.8% and the Nasdaq rose 1.1% around 12:00 PM NY time.2018-07-06T16:10:00"
US Imports Rise 0.4% in May,Imports,"US Imports Rise 0.4% in MayUnited States ImportsImports of goods and services to the US increased USD 1.1 billion from a month earlier, or 0.4 percent, to USD 258.4 billion in May 2018. Goods imports rose USD 1.1 billion to USD 210.7 billion, due to higher purchases of capital goods (up USD 2.1 billion), such as telecommunications equipment, computers, civilian aircraft parts and civilian aircraft engines. By contrast, imports of pharmaceutical preparations dropped USD 0.6 billion. Imports of services decreased USD 0.1 billion to USD 47.7 billion. On a non-seasonally adjusted basis, imports grew from China (14.6 percent), Canada (6.9 percent) and Mexico (4.8 percent), but fell from Japan (-3.7 percent) and the EU (-0.2 percent).2018-07-06T12:39:00"
US Exports Hit Record High,Exports,"US Exports Hit Record HighUnited States ExportsExports of goods and services from the US rose USD 4.1 billion from the previous month, or 1.9 percent, to a record USD 215.3 billion in May 2018. Goods exports increased USD 3.7 billion to USD 144.9 billion, mainly driven by higher sales of soybeans (up USD 2.0 billion) and civilian aircraft (up USD 1.9 billion). Exports of industrial supplies and materials, however, slumped USD 1.3 billion, due to a decline in sales of other petroleum products (down USD 0.9 billion). Exports of services increased USD 0.4 billion to USD 70.4 billion in May. On a non-seasonally adjusted basis, exports rose to Japan (5.9 percent), Canada (4.4 percent), the EU (4.3 percent), China (3.3 percent) and Mexico (1.2 percent).2018-07-06T12:35:00"
US Jobless Rate Rises to 4% in June,Unemployment Rate,"US Jobless Rate Rises to 4% in JuneUnited States Unemployment RateThe US unemployment rate rose to 4 percent in June 2018 from 3.8 percent in the previous month, which was the lowest since April 2000 and above market expectations of 3.8 percent. The number of unemployed persons increased by 499,000 to 6.6 million. 2018-07-06T12:33:06.35"
US May Trade Deficit Smallest in 1-1/2 Years,Balance of Trade,US May Trade Deficit Smallest in 1-1/2 YearsUnited States Balance of TradeThe US trade deficit narrowed sharply to USD 43.1 billion in May 2018 from a revised USD 46.1 billion in the previous month and below market expectations of USD 43.7 billion. It was the smallest trade gap since October 2016. Exports rose 1.9 percent to a record high and imports increased at a slower 0.4 percent. The politically sensitive goods trade deficit with China surged 18.7 percent to USD 33.2 billion and that with Mexico jumped 18.8 percent.2018-07-06T12:33:00
US 10Y Bond Yield Hits 5-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 5-week low of 2.8163%2018-07-06T12:31:52.39
US Wages Rise Less than Expected in June,Average Hourly Earnings,"US Wages Rise Less than Expected in JuneUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 5 cents to USD 26.98, or 0.2 percent, in June 2018, following an unrevised 0.3 percent gain in May and slightly below market expectations of a 0.3 percent rise. Over the year, average hourly earnings have increased by 72 cents, or 2.7 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 4 cents to USD 22.62 in June.


2018-07-06T12:31:00"
US Economy Adds More Jobs than Expected,Non Farm Payrolls,"US Economy Adds More Jobs than ExpectedUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 213 thousand in June of 2018, following an upwardly revised 244 thousand in May and well above market expectations of 195 thousand. Job gains occurred in professional and business services, manufacturing, and health care, while employment in retail trade declined.2018-07-06T12:31:00"
US Stocks Close Higher on Thursday,Stock Market,"US Stocks Close Higher on ThursdayUnited States Stock MarketWall Street closed in the green on Thursday July 5th 2018, as minutes of the Fed's June meeting showed that officials reaffirmed their commitment to gradually raising rates but noted that uncertainty and risks associated with trade policy had intensified. The Dow Jones gained 182 points or 0.8% to 24357. The S&P 500 climbed 23 points or 0.9% to 2737. The Nasdaq rose 84 points or 1.1% to 7586.2018-07-05T20:04:00"
Fed Sees Intensified Risks Around Trade Policy,Interest Rate,"Fed Sees Intensified Risks Around Trade PolicyUnited States Interest RateFed officials reaffirmed their commitment to gradually raising rates but noted that uncertainty and risks associated with trade policy had intensified, which could eventually have negative effects on business sentiment and investment spending, minutes of the Fed's June meeting showed.2018-07-05T18:30:03.823"
US Crude Oil Inventories Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly RiseUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 1.245 million barrels in the week ended June 29th 2018, after a 9.891 million decline in the previous period which was the biggest fall in crude inventories since September of 2016. It compares with market expectations of a 3.538 million decrease. Meantime, gasoline inventories went down by 1.505 million barrels after rising by 1.156 million in the previous week, while markets were expecting a 0.817 million fall.2018-07-05T15:05:12.883"
US 10Y Bond Yield Hits 5-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 5-week low of 2.8236%2018-07-05T14:37:24.717
US Services Growth at 4-Month High: ISM,Non Manufacturing PMI,"US Services Growth at 4-Month High: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States rose to 59.1 in June of 2018 from 58.6 in May, beating market forecasts of 58.3. It is the highest reading since February as business activity and new orders rose faster and price pressures eased. Companies continue to be optimistic about business conditions and the overall economy although there is a continuing concern relating to tariffs, capacity constraints and delivery.2018-07-05T14:06:58.94"
US Services PMI Edges Down in June: PMI,Services PMI,"US Services PMI Edges Down in June: PMIUnited States Services PMIThe IHS Markit US Services PMI was confirmed at 56.5 in June of 2018, the same as in the preliminary estimate and slightly below 56.8 in May, which was the highest reading since April of 2015. Yet, the rise in services output was the second-fastest since April of 2015 amid greater client demand and acquisition of new customers. New business growth slowed to a three-month low but remained robust and job creation was the second-fastest since September of 2015. Also, input inflation accelerated and higher input costs were partly passed on to clients. Despite easing to a three-month low, business confidence regarding the year ahead remained elevated, driven by robust client demand and the widepsread  anticipation of further order book growth. Considering the second quarter, the average PMI was 56, signalling the strongest quarterly expansion in the services sector in three years.
2018-07-05T13:56:47.113"
US Output Growth Stronger than Initially Thought: Markit,Composite Pmi,"US Output Growth Stronger than Initially Thought: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI stood at 56.2 in June 2018, slightly above a preliminary figure of 56.0 and compared to May's final 56.6. The overall private sector expansion was the second-fastest since April 2015, supported by strong increases in both services activity (PMI at 56.5 vs 56.8 in May) and manufacturing output (PMI at 55.4 vs 56.4).2018-07-05T13:49:00"
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street opened in the green on Thursday as investors await the FOMC minutes release later in the day for further clues on the timing of the next Fed rate hike. Also, news suggesting the US and Europe could reach a zero tariff deal on car imports also lifted investors' mood. The Dow Jones went up 0.5%, the S&P 500 rose 0.5% and the Nasdaq added 0.7% around 9 minutes after the opening bell.2018-07-05T13:48:06.707"
US Jobless Claims Unexpectedly Rise in Latest Week,Initial Jobless Claims,"US Jobless Claims Unexpectedly Rise in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits increased by 3 thousand to 231 thousand in the week ending June 30 from the previous week's upwardly revised level of 228 thousand. It was the highest reading in six weeks while markets were expecting a drop to 225 thousand. According to unadjusted data, major increases in jobless claims were reported in Massachusetts (+4,738), New Jersey (+4,273) and Kentucky (+4,015) while the largest decreases were seen in California (-5,812), Pennsylvania (-3,969) and Maryland (-2,706). Claims were unchanged in Virgin Islands while fell in Puerto Rico (-322).

2018-07-05T12:32:00"
US Private Sector Adds Fewer Jobs than Expected: ADP,ADP Employment Change,"US Private Sector Adds Fewer Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 177 thousand workers in June of 2018, compared with an upwardly revised 189 thousand in May and below market expectations of 190 thousand. The service-providing sector added 148 thousand jobs, boosted by education and health (46 thousand); professional and business (33 thousand); leisure and hospitality (33 thousand); trade, transportation and utilities (24 thousand); other services (7 thousand); and financial activities (7 thousand); while the information sector lost 2 thousand jobs. The goods-producing sector added 29 thousand jobs supported by construction (13 thousand), manufacturing (12 thousand) and natural resources and mining (5 thousand). Midsized companies were the ones hiring the most workers (80 thousand), followed by large (69 thousand) and small (29 thousand).2018-07-05T12:21:00"
US Planned Layoffs Rise in June,Challenger Job Cuts,"US Planned Layoffs Rise in JuneUnited States Challenger Job CutsJob cuts announced by US-based employers jumped 18 percent month-over-month to 37,202 in June of 2018 from 31,517 in May which was the lowest monthly level since October of 2017. Year-on-year, job cuts went up 19.6 percent. Considering the three months to June, employers announced 104,800 job cuts, 25.3 percent lower than in the previous period. Despite the quarterly drop, employers have announced 245,179 cuts through June, 8 percent more than the 227,000 cuts announced through June of last year. Retailers continue to lead in job cuts with 73,066 announced so far this year, 16,540 of which were announced in the second quarter. That is a 77.4 percent drop. The Trump Administration’s tariffs on steel have already begun to cost jobs. Challenger tracked 60 job cuts specifically due to steel tariffs in June. Meanwhile, Consumer Products manufacturers, also impacted by a potential trade war, have announced 18,417 cuts so far this year, a 296.9 percent increase from the same period last year.2018-07-05T11:48:51.437"
US Mortgage Applications Fall for 2nd Week,Mortgage Applications,"US Mortgage Applications Fall for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States edged down 0.5 percent in the week ended June 29th 2018, after a 4.9 percent slump in the previous period, data from the Mortgage Bankers Association showed. Refinance applications declined 2 percent while applications to purchase a home went up 0.5 percent. The average fixed 30-year mortgage rate fell by 5bps to 4.79 percent.2018-07-04T11:15:42.59"
US Stocks Close Lower as Tech Shares Fall,Stock Market,"US Stocks Close Lower as Tech Shares FallUnited States Stock MarketUS stocks erased early gains and closed lower on Tuesday in abbreviated trading ahead of the Independence Day holiday, as losses in technology firms and banks offset gains in health care and energy companies. The Dow Jones fell 132 points, or 0.5%, to 24,175; the S&P 500 dropped 13 points, or 0.5%, to 2,713; and the Nasdaq shed 65 points, or 0.9%, to 7,503.2018-07-03T17:18:00"
US IBD/TIPP Economic Optimism Hits 5-Month High,Economic Optimism Index,"US IBD/TIPP Economic Optimism Hits 5-Month HighUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index rose to a five-month high of 56.4 in July 2018 from 53.9 in the previous month, as all three components increased. The Six-Month Economic Outlook, a measure of how consumers feel about the economy’s prospects in the next six months, rose 4.3 percent to 53.4; the Personal Financial Outlook, a measure of how Americans feel about their own finances in the next six months, went up 1.1 percent to 62.8; and the Confidence in Federal Economic Policies, a proprietary IBD/TIPP measure of views on how government economic policies are working, jumped 9.5 percent to 52.9, its highest level since December 2006.2018-07-03T14:36:00"
New York City Current Business Conditions Fall in June,Ism New York Index,"New York City Current Business Conditions Fall in JuneUnited States Ism New York IndexThe ISM New York Current Business Conditions index in the United States fell further to 55.0 in June 2018 from 56.4 in the previous month. The prices paid sub-index dropped to 55.9 in June from May’s seven-year high of 72.9, while quantity of purchases remained at 50.0 for the third consecutive month. Meanwhile, the gauge measuring employment rose to a seven-month high of 63.4 in June, up from 50.2 in May. Gains were also seen in current revenues (50.0 vs 43.8 in May) and expected revenues (15-month high of 79.4 vs 71.7 in May). The Six-Month Outlook index rose to a six-month high of 78.1 in June, up from 66.9 in May.2018-07-03T14:31:32.61"
US Factory Orders Rise Unexpectedly in May,Factory Orders,"US Factory Orders Rise Unexpectedly in MayUnited States Factory OrdersNew orders for US manufactured goods rose 0.4 percent month-over-month in May 2018, following a downwardly revised 0.4 percent drop in April and easily beating market expectations of a 0.1 percent fall. Orders for machinery increased 1.2 percent (vs 1.7 percent in April) and those for motor vehicles rose 0.3 percent (vs 0.8 percent in April). On the other hand, demand for civilian aircraft slumped 7 percent after a 30.3 percent contraction in the previous month. There were also declines in orders for primary metals (-0.3 percent), fabricated metal products (-1.1 percent) as well as electrical equipment, appliances and components (-0.4 percent), and computers and electronic products (-0.2 percent).2018-07-03T14:05:00"
US Stocks Trade Higher,Stock Market,"US Stocks Trade HigherUnited States Stock MarketUS stocks opened mostly higher on Tuesday led by a rally in energy shares after the price of crude oil broke above $75 per barrel for the first time since November 2014. The Down Jones jumped 123 points, or 0.5%, to 24,431; the S&P 500 gained 8 points, or 0.3%, to 2,734; while the Nasdaq traded near the flat line around 15 minutes after the opening bell. The NYSE stock market will close at 1 PM New York time today ahead of the July 4th holiday on Wednesday.2018-07-03T13:47:03.843"
US Stocks Revert Early Losses on Monday,Stock Market,"US Stocks Revert Early Losses on MondayUnited States Stock MarketUS stocks rebounded from an early fall and closed in the green on Monday 2 July 2018 amid higher trade concerns after news that the EU threatened to tariff $300 billion of US imports in response to US threat to charge European auto imports. Also, Canada began imposing retaliatory tariffs on $12.6 billion in US goods on Sunday and US tariffs on Chinese imports are expected to take effect on Friday. The Dow Jones edged up 36 points or 0.2% to 24307. The S&P 500 gained 8 points or 0.3% to 2727. The Nasdaq climbed 57 points or 0.8% to 7568. 2018-07-02T20:16:15.013"
US Factory Growth at 4-Month High: ISM,Business Confidence,"US Factory Growth at 4-Month High: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US rose to 60.2 in June of 2018 from 58.7 in the previous month, beating market expectations of 58.4. The reading pointed to the strongest expansion in the manufacturing sector in four months as production and inventories rose faster while new orders and employment eased slightly. 
2018-07-02T14:05:14.473"
US Construction Spending Rises Less than Expected,Construction Spending,"US Construction Spending Rises Less than ExpectedUnited States Construction SpendingUS construction spending rose 0.4 percent month-over-month to a seasonally adjusted annual rate of USD 1.31 trillion in May 2018, following a downwardly revised 0.9 percent growth in April and missing market expectations of a 0.5 percent gain. Spending on private construction went up 0.3 percent (vs 0.4 percent in April), as outlays on private residential projects advanced 0.8 percent (vs 0.5 percent in April) while spending on nonresidential structures fell 0.3 percent (vs 0.4 percent in April). Meanwhile, investment in public construction projects increased 0.7 percent in May to the highest level since October 2010, following a 2.3 percent jump in April.2018-07-02T14:03:00"
US Stocks Fall as Trade Concerns Mount,Stock Market,"US Stocks Fall as Trade Concerns MountUnited States Stock MarketWall Street opened in the red on Monday amid higher trade concerns after news that the EU threatened to tariff $300 billion of US imports in response to US threat to charge European auto imports. Also, Canada began imposing retaliatory tariffs on $12.6 billion in US goods on Sunday and US tariffs on Chinese imports are expected to take effect on Friday. The Dow Jones declined 0.6%, the S&P 500 fell 0.6% and the Nasdaq traded 0.6% lower around 6 minutes after the opening bell. 2018-07-02T14:01:32.853"
The Dow Jones Index is down by 0.65%,Stock Market,"The Dow Jones Index is down by 0.65%United States Stock MarketUnited States Stock Market is losing 158 points. Losses were led by Cisco Systems (-1.80%), General Electric (-1.80%) and Chevron (-1.67%). Offsetting the fall, top gainers were Coca-Cola (0.25%), Goldman Sachs (0.20%) and Apple (0.19%).2018-07-02T14:00:02.497"
US Manufacturing PMI Revised Higher: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Higher: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised higher to 55.4 in June of 2018 from a preliminary of 54.6. Still, the reading fell from 56.4 in May, pointing to the slowest growth in factory activity in four months. Output and new orders both expanded at the slowest rates since November 2017. Meanwhile, the effects of tariffs were widely cited as contributing to another sharp rise in input prices, while suppliers’ delivery times lengthened to the greatest extent since the series began. Average charges rose at the second-fastest rate since June of 2011. 
2018-07-02T13:51:21.05"
US Stocks Edge Higher on Friday,Stock Market,"US Stocks Edge Higher on FridayUnited States Stock MarketWall Street edged up on Friday 29 June 2018, led by a rally for financial shares after the country's biggest banks cleared the second part of the Federal Reserve's annual stress tests. Also, stronger-than-expected quarterly results from Nike lifted sentiment. The Dow Jones gained 55 points or 0.2% to 24271.The S&P 500 advanced 2 points or 0.1% to 2718. The Nasdaq inched up 7 points or 0.1% to 7510.2018-06-29T20:18:26.807"
Stocks in United States Rally,stock market,Stocks in United States RallyUnited States stock marketDow Jones increased by 1% to 244562018-06-29T17:05:48.833
Chicago Business Barometer Hits 5-Month High,Chicago Pmi,"Chicago Business Barometer Hits 5-Month HighUnited States Chicago PmiThe Chicago Business Barometer in the US rose 1.4 points to 64.1 in June 2018, beating market expectations of 60. It was the highest level since January, as new order growth picked up for a second straight month to a five-month high and firms' unfulfilled orders continued to rise. On the other hand, production lost ground for the fourth time since peaking in December.2018-06-29T14:23:00"
US Consumer Sentiment Revised Lower in June,Consumer Confidence,"US Consumer Sentiment Revised Lower in JuneUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US stood at 98.2 in June 2018, compared with a preliminary reading of 99.3 and slightly above May's 98. Both consumer expectations and current economic conditions came in weaker than initially thought.2018-06-29T14:05:43.45"
US Shares Rally,Stock Market,"US Shares RallyUnited States Stock MarketUS stocks opened higher Friday, led by a rally for financial shares after the country's biggest banks cleared the second part of the Federal Reserve's annual stress tests. Also, stronger-than-expected quarterly results from Nike lifted sentiment. The Dow Jones jumped 216 points, or 0.9%, to 24,432; the S&P 500 added 18 points, or 0.7%, to 2,734; and the Nasdaq rose 48 points, or 0.6%, to 7,551.2018-06-29T13:52:00"
US PCE Price Index Rises 0.2% in May,PCE Price Index Monthly Change,"US PCE Price Index Rises 0.2% in MayUnited States PCE Price Index Monthly ChangeThe personal consumption expenditures (PCE) price index in the United States increased 0.2 percent month-over-month in May 2018, the same pace as in April and in line with market expectations. Goods inflation eased to 0.1 percent from 0.4 percent in the previous period, as prices of non-durable goods rose at a softer pace (0.3 percent vs 0.5 percent) while those of durable goods fell (-0.1 percent vs flat reading). Cost of services rose 0.2 percent, the same pace as in April. Excluding food and energy, PCE prices also went up 0.2 percent, the same as in the previous month and also in line with market forecasts. On the year, the PCE price index rose 2.3 percent, up from 2 percent in April. The core index rose 2 percent, hitting the Federal Reserve's target for the first time in six years.2018-06-29T12:39:00"
US Personal Spending Rises Less than Expected,Personal Spending,"US Personal Spending Rises Less than ExpectedUnited States Personal SpendingPersonal spending in the United States rose 0.2 percent month-over-month in May of 2018, following a downwardly revised 0.5 percent gain and below market expectations of 0.4 percent.It is the smallest increase in personal spending in four months, mainly due to a drop in outlays on household utilities.2018-06-29T12:33:00"
US Personal Income Rises 0.4% in May,Personal Income,"US Personal Income Rises 0.4% in MayUnited States Personal IncomePersonal income in the United States rose 0.4 percent month-over-month in May 2018, following a downwardly revised 0.2 percent gain in April and in line with expectations. It primarily reflected increases in wages and salaries (0.3 percent vs 0.3 percent in April), personal dividend income (1.5 percent vs -0.2 percent), and non-farm proprietors’ income (0.5 percent vs -0.1 percent).2018-06-29T12:32:00"
US Stocks Close Higher on Thursday,Stock Market,"US Stocks Close Higher on ThursdayUnited States Stock MarketWall Street closed moderately in the green on Thursday 28 June 2018, as the US economy expanded an annualized 2 percent on quarter in the first quarter of 2018, below 2.2 percent in the second estimate and market expectations of 2.2 percent. The Dow Jones climbed 99 points or 0.4% to 24216. The S&P 500 gained 17 points or 0.6% to 2716. The Nasdaq jumped 59 points or 0.8% to 7504.2018-06-28T20:05:57.41"
Stocks in United States Hit 7-week Low,Stock Market,Stocks in United States Hit 7-week LowUnited States Stock MarketDow Jones decreased to a 7-week low of 240552018-06-28T13:30:01.94
US Q1 Corporate Profits Rise More than Initially Thought,Corporate Profits,"US Q1 Corporate Profits Rise More than Initially ThoughtUnited States Corporate ProfitsCorporate profits in the United States increased by USD 153.0 billion, or 8.7 percent, to an all-time high of USD 1,920.0 billion in the first quarter of 2018, beating a preliminary reading of 5.9 percent and following a 1.7 percent advance in the previous period. Undistributed profits jumped by USD 147.6 billion, or 18.8 percent, to USD 934.7 billion, while net dividends fell by USD 5.4 billion, or 0.3 percent, to USD 985.3 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, jumped by USD 1,168.2 billion, or 81.2 percent, to USD 2,607.0 billion.2018-06-28T12:36:00"
US Jobless Claims Rise More than Expected,Initial Jobless Claims,"US Jobless Claims Rise More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits rose by 9 thousand to 227 thousand in the week ending June 23 from the previous week's unrevised level of 218 thousand. It compares with market expectations of 220 thousand and marks the first rise in claims after four straight weeks of drops. According to unadjusted data, the biggest increases in jobless claims were recorded in California (+6,048), New Jersey (+5,350), Maryland (+2,557), Kentucky (+1,971) and New York (+1,877) while the largest declines were seen in Pennsylvania (-1,674), Wisconsin (-865) and Texas (-665). Claims fell in Virgin Islands (-1) and Puerto Rico (-1,285).2018-06-28T12:33:00"
US GDP Growth Revised Lower to 2%,GDP Growth Rate,"US GDP Growth Revised Lower to 2%United States GDP Growth RateThe US economy expanded an annualized 2 percent on quarter in the first quarter of 2018, below 2.2 percent in the second estimate and market expectations of 2.2 percent. Private inventory investment and personal consumption expenditures (PCE) were revised down, the final estimate showed. 2018-06-28T12:32:44.433"
US 10Y Bond Yield Hits 4-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 4-week low of 2.8219%2018-06-28T12:21:21.163
The Dow Jones Index dropped 0.68%,Stock Market,"The Dow Jones Index dropped 0.68%United States Stock MarketUnited States Stock Market fell 166 points. Leading the losses are McDonalds (-2.14%), Intel (-1.59%) and JPMorgan Chase (-1.51%). Top gainers were General Electric (1.89%), Chevron (1.58%) and Exxon Mobil (1.46%).2018-06-27T20:30:02.56"
US Crude Oil Inventories Fall the Most in Near 2 Years,Crude Oil Stocks Change,"US Crude Oil Inventories Fall the Most in Near 2 YearsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped by 9.891 million barrels in the week ended June 22nd 2018, after a 5.914 million decline in the previous period and compared with market expectations of a 2.572 million decrease. It is the biggest fall in crude inventories since September of 2016. Meantime, gasoline inventories went up by 1.156 million barrels after rising by 3.277 million in the previous week, while markets were expecting a 1.313 million rise.2018-06-27T14:35:29.81"
US Shares Rally,Stock Market,"US Shares RallyUnited States Stock MarketUS stock markets opened in the green Wednesday after the Trump administration opted for a softer approach toward Chinese investments in the US. The Dow Jones jumped 162 points, or 0.7%, to 24,445; the S&P 500 advanced 16 points, or 0.6%, to 2,739; and the Nasdaq gained 27 points, or 0.4%, to 7,588 around 10 AM New York time.2018-06-27T14:11:17.99"
US Pending Home Sales Fall in May,Pending Home Sales,"US Pending Home Sales Fall in MayUnited States Pending Home SalesContracts to buy previously owned homes in the United States shrank 2.2 percent year-on-year in May of 2018, following a 2.1 percent drop in April. It is the fifth consecutive month of annual declines in pending home sales. Sales fell in the Northeast (-4.8 percent), the West (-4.1 percent) and the Midwest (-2.5 percent) but were flat in the South. On a month-over-month basis, sales went down 0.5 percent, after 1.3 percent drop in April and compared to market expectations of a 0.5 percent gain. 2018-06-27T14:06:45.867"
US Wholesales Inventories Rise 0.5% MoM in May,Wholesale Inventories,"US Wholesales Inventories Rise 0.5% MoM in MayUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.5 percent month-over-month in May of 2018, following a 0.1 percent gain in April, the advance estimate showed. Stocks of non-durable goods went up 0.6 percent (vs -0.1 percent in April) and those of durable goods rose 0.5 percent (vs 0.3 percent in April). Year-on-year, wholesale inventories advanced 5.9 percent. 2018-06-27T12:34:00"
US Durable Goods Orders Drop Less than Expected,Durable Goods Orders,"US Durable Goods Orders Drop Less than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods fell 0.6 percent month-over-month in May 2018, following a downwardly revised 1 percent drop in April while markets were expecting a bigger 1 percent decline. Transportation equipment led the decrease. Meanwhile, orders for non-defense capital goods excluding aircraft, a proxy for business spending plans, slipped 0.2 percent last month, after jumping by 2.3 percent in April.2018-06-27T12:32:00"
US Mortgage Applications Retreat: MBA,Mortgage Applications,"US Mortgage Applications Retreat: MBAUnited States Mortgage ApplicationsMortgage applications in the United States fell 4.9 percent in the week ended June 22nd 2018, after a 5.1 percent jump in the previous period, which was the biggest increase since the first week of January, data from the Mortgage Bankers Association showed. Refinance applications declined 3.5 percent and applications to purchase a home went down 5.9 percent. The average fixed 30-year mortgage rate edged up by 1bps to 4.84 percent.2018-06-27T11:06:25.267"
Richmond Fed Manufacturing Index Rises Further in June,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index Rises Further in JuneUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose by 4 points to 20 in June 2018, beating market expectations of 15. The advance was buoyed by an increase in all main components: shipments (17 vs 15 in May); new orders (22 vs 16); and employment (22 vs 18). Firms also saw an increase in backlog of orders, as the index rose to its highest value of this year. Respondents were optimistic in June, expecting growth to continue across most indicators.2018-06-26T14:05:00"
US Home Price Growth Eases in April: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Price Growth Eases in April: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-City Composite Home Price Index in the US rose 6.6 percent year-on-year in April 2018, easing from a downwardly revised 6.7 percent increase in March and missing market expectations of a 6.8 percent advance. Seattle recorded the biggest increase (13.1 percent), followed by Las Vegas (12.7 percent) and San Francisco (10.9 percent). Meanwhile, the national index, covering all nine US census divisions rose 6.4 percent, down from 6.5 percent in the previous month.2018-06-26T13:04:00"
US Stocks Plunge on Trade Concerns,Stock Market,US Stocks Plunge on Trade ConcernsUnited States Stock MarketWall Street closed deeply in the red on Monday 25 June 2018 amid rising trade concerns after news that President Trump will impose restrictions on Chinese investment in US companies and start-ups. The Dow Jones lost 328 points or 1.3% to 24253. The S&P 500 declined 38 points or 1.4% to 2717. The Nasdaq plummeted 161 points or 2.1% to 7532. 2018-06-25T20:06:29.817
Stocks in United States Hit 7-week Low,Stock Market,Stocks in United States Hit 7-week LowUnited States Stock MarketDow Jones decreased to a 7-week low of 241952018-06-25T15:32:30.927
Dallas Fed Manufacturing Index Rises Unexpectedly in June,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Rises Unexpectedly in JuneUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose by 9.7 points to 36.5 in June 2018, easily beating market expectations of 18.2. The new orders index edged up 1.9 points to 29.6, its highest level this year, and the company outlook index rose 5.2 points to 33.2, its highest reading since 2006. In addition, the employment index stayed near last month’s six-year high at 23.9, and the hours worked index remained highly positive. By contrast, the production index declined 11.9 points to 23.3, signaling a deceleration in output growth. The capacity utilization and shipments indexes posted double-digit declines, falling by 10.5 points to 21.7 and by 14 points 25.5, respectively.2018-06-25T14:41:01.897"
US New Home Sales Beat Forecasts,New Home Sales,"US New Home Sales Beat ForecastsUnited States New Home SalesSales of new single-family houses in the United States jumped 6.7 percent from the previous month to a seasonally adjusted annual rate of 689 thousand in May of 2018, following an upwardly revised 3.7 percent fall in April. It is the highest rate since November, beating market expectations of a 0.7 percent increase. Sales in the South hit their highest level in nearly 11 years.2018-06-25T14:04:27.29"
US Stocks Fall on Trade Worries,stock market,"US Stocks Fall on Trade WorriesUnited States stock marketWall Street opened in the red on Monday amid rising trade concerns after news that President Trump will impose restrictions on Chinese investment in US companies and start-ups. The Dow dropped 0.8%, the S&P 500 fell 0.7% and the Nasdaq lost 1.2% around 12 minutes after the opening bell.2018-06-25T13:47:00"
Chicago Fed National Activity Index Falls in May,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Falls in MayUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index dropped to -0.15 in May 2018 from an upwardly revised 0.42 in the previous month, and below market expectations of 0.09. Production-related indicators contributed -0.29 to the index (vs +0.33 in April), as manufacturing industrial production decreased 0.7 percent in May after increasing 0.6 percent in April. Also, the contribution of the personal consumption and housing category edged down to -0.04 in May from -0.03 in April, as a fall in the number of building permits offset an increase in housing starts. By contrast, employment-related indicators contributed +0.13 to the CFNAI, up from +0.12 in April; and the sales, orders, and inventories category made a contribution of +0.05, compared with a neutral contribution in April.2018-06-25T12:38:00"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street closed mixed on Friday 22 June 2018, amid trade uncertainty between the US and China and news that OPEC reached a deal to increase oil supply, with crude oil prices rising as much as 5% during the trading session. The Dow Jones gained 119 points or 0.5% to 24581. The S&P 500 edged up 5 points or 0.2% to 2755. In contrast, the Nasdaq lost 20 points or 0.3% to 7693.2018-06-22T20:08:16.587"
US Services Growth Remains Robust: Markit,Services PMI,"US Services Growth Remains Robust: MarkitUnited States Services PMIThe IHS Markit US Services PMI edged down to 56.5 in June of 2018 from 56.8 in May which was the highest reading since April of 2015. Figures compare with market expectations of 56.4, preliminary estimates showed. New work and job creation rose solidly while input price inflation accelerated to the highest since September of 2013 mainly due to cost of fuel, staff salaries and steel-related items. Prices charged rose the most for near four years due to greater operating expenses cost.2018-06-22T14:02:47.403"
US Private Sector Activity Growth Higher than Expected,Composite Pmi,"US Private Sector Activity Growth Higher than Expected United States Composite PmiThe IHS Markit US Composite PMI fell to 56 in June of 2018 from 56.6 in May, still above market expectations of 55.1, the flash estimate showed. The reading pointed to a weaker pace of expansion in the private sector activity, as both services (PMI at 56.5 vs 56.8 in May) and manufacturing sectors (PMI at 54.6 vs 56.4) eased. New business slowed to a six-month low and employment growth increased at a softer pace. Finally, expectations for the next twelve months were the least upbeat since January. On the price front, cost pressures persisted driven by higher manufacturing input prices, average prices charged by private sector firms increased at its fastest pace since September of 2014.2018-06-22T14:02:00"
US Stocks Mixed on Friday,Stock Market,US Stocks Mixed on FridayUnited States Stock MarketWall Street traded mixed during early trading on Friday amid trade uncertainty between the US and China and news that OPEC reached a deal to increase oil supply. The Dow rose 0.7% and the S&P 500 0.4% while the Nasdaq was nearly flat around 10:05 AM NY time.2018-06-22T14:00:00
US Factory Growth at 7-Month Low: Markit,Manufacturing PMI,"US Factory Growth at 7-Month Low: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 54.6 in June of 2018 from 56.4 in May, well below market expectations of 56.5. The reading pointed to the slowest expansion in factory activity in 7 months, following the strong growth rates seen in recent months, preliminary estimates showed. New work rose the least since September last year, partly reflecting a slight drop in export sales.2018-06-22T13:51:21.42"
US Stocks Close Lower on Thursday,Stock Market,US Stocks Close Lower on Thursday United States Stock MarketWall Street closed moderately in the red on 21 June 2018 amid uncertainty over US-China tariffs. Falling oil prices ahead of an OPEC meeting on Friday where oil producers are expected to raise production also weighed on investors' mood. The Dow Jones lost 196 points or 0.8% to 24462. The S&P 500 declined 18 points or 0.6% to 2750. The Nasdaq retreated 69 points or 0.9% to 7713. 2018-06-21T20:18:00
Stocks in United States Drop,stock market,Stocks in United States DropUnited States stock marketDow Jones decreased by 1% to 244112018-06-21T19:22:02.763
US Stocks Decline,Stock Market,"US Stocks DeclineUnited States Stock MarketWall Street traded lower on Thursday morning amid uncertainty over US-China tariffs. Falling oil prices ahead of an OPEC meeting on Friday where oil producers are expected to raise production also weighed on investors' mood. The Dow Jones fell 0.6%, the S&P 500 0.6% and the Nasdaq 0.8% around 10:40 AM NY time. 2018-06-21T15:02:52.747"
US House Prices Rise Less than Expected: FHFA,FHFA House Price Index MoM,"US House Prices Rise Less than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States edged up 0.1 percent month-over-month in April of 2018, following an upwardly revised 0.2 percent gain in March and well below market expectations of 0.3 percent. It remains the lowest monthly rise in house prices since January of 2015. Price changes ranged from -0.5 percent in the West South Central division to +0.6 percent in the East North Central division. Year-on-year, house prices went up 6.4 percent. The yearly changes were all positive, ranging from +4.6 percent in the West South Central division to +8.9 percent in the Mountain division.
2018-06-21T13:09:20.573"
Philadelphia Fed Manuf Index Lowest since 2016,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manuf Index Lowest since 2016United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States fell to 19.9 in June of 2018 from 34.4 in May and below market expectations of 28.9. It is the lowest reading since November of 2016 amid a slowdown in new orders (17.9 from 40.6) and average workweek (24.2 from 34.4). The unfilled orders index fell to -2.7 from 15.3, first negative reading since January, suggested that firms’ backlogs diminished. The delivery times index remained positive but declined to 9.6 from 18.5, the lowest in four months. On the other hand, shipments (28.7 from 25.8), inventories (10.2 from 8.1) and employment (30.4 from 30.2) rose faster. Also, price pressures eased for both prices paid (51.8 from 52.6) and received (33.2 from 36.4). 
2018-06-21T12:52:00"
US Jobless Claims Fall for 4th Straight Week,Initial Jobless Claims,"US Jobless Claims Fall for 4th Straight WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 3 thousand to 218 thousand in the week ending June 16th, compared to an upwardly revised 221 thousand in the previous week and markets expectations of 220 thousand new claims. It was the fourth consecutive week of decreases in jobless claims. According to unadjusted data, the biggest declines in jobless claims were reported in Tennessee (-2,566), Illinois (-2,099), Florida (-1,971) and Georgia (-1,792) while the highest rises were seen in Pennsylvania (+2,539), California (+1,768) and Wisconsin (+1,760). Claims fell in Virgin Islands (-3) but went up in Puerto Rico (+544).
2018-06-21T12:32:00"
Dollar at Fresh 11-Month High,Currency,"Dollar at Fresh 11-Month HighUnited States CurrencyThe dollar index hit a new high since July 2017 on Thursday boosted by higher inflation expectations due to tariffs resulting from trade war and comments from the Fed Chair Powell in the previous day that the Fed should continue with gradual increases in the federal funds rate. The DXY went up 0.5% to 95.49 around 11:45 AM London time, the highest since July 13th 2017. 2018-06-21T10:51:00"
Dollar Index Hits 48-week High,currency,Dollar Index Hits 48-week HighUnited States currencyUS Dollar increased to a 48-week high of 95.342018-06-21T06:11:46.547
US Stocks Close Mixed on Wednesday,Stock Market,"US Stocks Close Mixed on WednesdayUnited States Stock MarketWall Street closed mixed on Wednesday 20 June 2018, as Fed Chair Powell said during a speech at the ECB Forum on Central Banking that the case for continued gradual increases in the federal funds rate is strong as unemployment is low and is expected to decline further; inflation is close to the objective; and the risks to the outlook are roughly balanced. The Dow Jones edged down 42 points or 0.2% to 24658. The S&P 500 gained 5 points or 0.2% to 2767. In contrast, the Nasdaq climbed 56 points or 0.7% to 7782.2018-06-20T20:06:52.583"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped by 5.914 million barrels in the week ended June 15th 2018, after a 4.143 million decline in the previous period and compared with market expectations of a 2.1 million decrease. It is the biggest fall in crude inventories since the second week of January. Meantime, gasoline inventories went up by 3.277 million barrels after falling by 2.271 million in the previous week, while markets were expecting a 0.188 million rise.2018-06-20T14:38:00"
Fed Sees Strong Case for Further Rate Hikes,Interest Rate,"Fed Sees Strong Case for Further Rate HikesUnited States Interest RateThe case for continued gradual increases in the federal funds rate is strong as unemployment is low and is expected to decline further, inflation is close to the objective, and the risks to the outlook are roughly balanced, Fed Chair Powell said during a speech at the ECB Forum on Central Banking. The Fed Chair also added that the job market is likely to strengthen further and expansionary fiscal policy is expected to add to aggregate demand over the next few years. 2018-06-20T14:14:26.87"
US Existing Home Sales Unexpectedly Fall,Existing Home Sales,"US Existing Home Sales Unexpectedly FallUnited States Existing Home SalesSales of previously owned houses in the US declined 0.4 percent month-over-month to a seasonally adjusted annual rate of 5.43 million in May of 2018 from a drownwardly revised 5.45 million in April. It compares with market expectations of a 1.5 percent jump to 5.52 million. Sales of single family houses went down 0.6 percent to 4.81 million, following a 3 percent slump in April while sales of condos rose 1.6 percent to 0.620 million after being flat in the previous month. The median house price increased to $264,800 from $257,900 in April and the months' worth of supply edged up to 4.1. In addition, the number of houses available in the market increased to 1.850 million. Year-on-year, existing home sales rose 5.6 percent.2018-06-20T14:05:53.573"
US Current Account Gap Highest Since 2008,Current Account,"US Current Account Gap Highest Since 2008United States Current AccountThe US current account deficit widened to USD 124.1 billion or 2.5 percent of the GDP in the first quarter of 2018 from a downwardly revised USD 116.1 billion gap or 2.4 percent of the GDP in the last three months of 2017. It is the biggest current account deficit since the last quarter of 2008, although it came lower than expectations of a USD 129 billion shortfall. The wider current account gap reflects a USD 8.1 billion increase in the deficit on goods and relatively small and nearly offsetting changes in the balances on services, primary income, and secondary income.2018-06-20T12:36:00"
US Mortgage Applications Rise the Most since January,Mortgage Applications,"US Mortgage Applications Rise the Most since JanuaryUnited States Mortgage ApplicationsMortgage applications in the United States jumped 5.1 percent in the week ended June 15th 2018, after a 1.5 percent drop in the previous period, data from the Mortgage Bankers Association showed. It is the biggest increase since the first week of January. Refinance applications surged 6.1 percent and applications to purchase a home went up 4.3 percent. The average fixed 30-year mortgage rate was steady at 4.83 percent.2018-06-20T11:05:54.88"
Dollar Index Hits 48-week High,currency,Dollar Index Hits 48-week HighUnited States currencyUS Dollar increased to a 48-week high of 95.32018-06-20T08:08:55.983
US Stocks Close Lower as Trade War Escalates,Stock Market,"US Stocks Close Lower as Trade War EscalatesUnited States Stock MarketWall Street closed in the red on Tuesday 19 June 2018, as President Trump threatened to impose additional tariffs on $200 billion of Chinese imports at a rate of 10 percent after China said it will apply new tariffs to US imports. On Tuesday, China retaliated and warned of strong countermeasures. The Dow Jones plunged 287 points or 1.2% to 24700. The S&P 500 declined 11 points or 0.4% to 2763. The Nasdaq lost 21 points or 0.3% to 7726. 2018-06-19T20:11:02.197"
US Stocks Decline as Trade War Escalates,Stock Market,"US Stocks Decline as Trade War EscalatesUnited States Stock MarketWall Street opened in the red on Tuesday, tracking losses in Asia and in Europe amid mounting trade concerns. Later on Monday, President Trump threatened to impose additional tariffs on $200 billion of Chinese imports at a rate of 10 percent after China said it will apply new tariffs to US imports. On Tuesday, China retaliated and warned of strong countermeasures. The Dow Jones dropped 1.1%, the S&P 500 fell 0.7% and the Nasdaq traded 0.7% lower around 8 minutes after the opening bell. 2018-06-19T13:49:00"
US Housing Starts at Near 11-Year High,Housing Starts,"US Housing Starts at Near 11-Year HighUnited States Housing StartsHousing starts in the US jumped 5 percent month-over-month to an annualized rate of 1,350 thousand in May of 2018, following a downwardly revised 3.1 percent fall in April. It is the highest rate since July of 2007, mainly due to a rebound in the multi-family segment. It compares with market expectations of 1,310 thousand rate. 2018-06-19T12:35:47.8"
US Building Permits Fall More than Expected,Building Permits,"US Building Permits Fall More than ExpectedUnited States Building PermitsBuilding permits in the United States fell 4.6 percent from the previous month to a seasonally adjusted annual rate of 1,301 thousand in May 2018, while markets were expecting a 1.4 percent drop to 1,350 thousand. Single-family authorizations decreased 2.2 percent to 844 thousand and multi-family permits declined 8.8 percent to 457 thousand. Across regions, permits went down in the South (-13.9 percent) and in the West (-3.3 percent), but rose in the Northeast (42.1 percent) and the Midwest (7.2 percent).2018-06-19T12:32:00"
Dollar Hits 11-Month High,currency,"Dollar Hits 11-Month HighUnited States currencyThe dollar index against a basket of six major currencies strengthened on Tuesday to its highest level since July 2017, as investors' risk appetite dropped after President Trump threatened on Monday to impose additional tariffs on China imports and China warned of strong countermeasures. The DXY was up 0.4% to 95.2 around 10:50 AM London time. 2018-06-19T09:15:00"
US Home Builder Sentiment Below Forecasts,Nahb Housing Market Index,"US Home Builder Sentiment Below ForecastsUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States fell to 68 in June of 2018 from 70 in May, lower than market expectations of 70. The index measuring current single-family home sales edged down to 75 from 76 and the component gauging sales expectations in the next six months fell slightly to 76 from 77. Meanwhile, the prospective buyer index also decreased to 50 from 51. 2018-06-18T14:05:05"
US Stocks Fall on Tariffs,stock market,"US Stocks Fall on TariffsUnited States stock marketWall Street opened sharply lower on Monday, following losses in Europe and in Asia as US-China trade war concerns persist. On Friday, President Trump announced tariffs on $50 billion imports from China. China retaliated with tariffs on $50 billion of US imports. The Dow Jones was down 1%, the S&P 500 declined 0.8% and the Nasdaq traded 0.9% lower around five minutes after the opening bell.
2018-06-18T13:33:00"
Overseas Investors Buy $138.7B US Assets in April,Capital Flows,"Overseas Investors Buy $138.7B US Assets in AprilUnited States Capital FlowsOverseas investors bought USD 138.7 billion of US assets, including short-dated instruments in April of 2018, after selling USD 38.5 billion in the previous month. Meanwhile, foreigners bought USD 93.9 billion of long-term US securities, including government and corporate, after buying USD 61.8 billion in the previous month. Foreign investors sold USD 4.8 billion of Treasures in April after selling USD 4.9 billion in the previous month.2018-06-16T11:32:54.787"
US Consumer Sentiment at 3-Month High,Consumer Confidence,"US Consumer Sentiment at 3-Month HighUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US increased to 99.3 in June of 2018 from 98 in May, preliminary estimates showed. Figures beat market expectations of 98.5, reaching the highest in three months due to consumers' more favorable assessments of their current financial situation and more favorable views of current buying conditions for household durables. In contrast, expectations declined to the lowest level since the start of the year due to less favorable prospects for the overall economy.2018-06-15T14:07:00"
US Stocks Close Down on Tariffs,Stock Market,"US Stocks Close Down on TariffsUnited States Stock MarketWall Street closed in the red on Friday 15 June 2018 after the Trump Administration announced it will impose around $50 billion tariffs in imports from China, raising concerns of a trade war. The Dow Jones lost 85 points or 0.3% to 25090. The S&P 500 edged down 3 points or 0.1% to 2779. The Nasdaq declined 15 points or 0.2% to 7746.
2018-06-15T13:54:00"
US Industrial Production Falls Unexpectedly in May,Industrial Production Mom,"US Industrial Production Falls Unexpectedly in MayUnited States Industrial Production MomUS industrial production edged down 0.1 percent month-over-month in May 2018, following an upwardly revised 0.9 percent growth in April and missing market expectations of a 0.2 percent gain. Manufacturing production fell sharply largely because truck assemblies were disrupted by a major fire at a parts supplier.2018-06-15T13:17:00"
New York State Manufacturing Growth Accelerates,NY Empire State Manufacturing Index,"New York State Manufacturing Growth AcceleratesUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States climbed 4.9 points from the previous month to 25 in June 2018, easily beating market expectations of 19. It was the highest reading since last October, as the new orders index rose 5.3 points to 21.3 and the shipments index moved up 4.4 points to 23.5. Delivery times continued to lengthen, and inventories edged higher. Labor market indicators pointed to a substantial increase in employment (10.3 points to 19.0) and longer workweeks (0.9 points to 12). The prices paid index remained close to last month’s multiyear high (-1.3 to 52.7), indicating continued significant input price increases, and the prices received index remained elevated (0.3 points to 23.3). Looking ahead, firms were more optimistic about the six-month outlook than they were last month.2018-06-15T12:38:00"
Dollar Hits 7-Month High,currency,"Dollar Hits 7-Month HighUnited States currencyThe dollar index against a basket of major currencies jumped to 95.03 on Friday, its highest level since last November, after the ECB signalled on Thursday it will keep interest rates at record lows well into next year.2018-06-15T05:54:00"
US Stocks Close Mixed on Thursday,Stock Market,"US Stocks Close Mixed on ThursdayUnited States Stock MarketWall Street closed mixed on Thursday 14 June 2018, a day after the Fed raised rates as expected and signaled a quicker pace of monetary policy-tightening this year, and ahead of the unveiling of tariffs on Chinese products expected for Friday. The Dow Jones edged down 26 points or 0.1% to 25175. The S&P 500 gained 7 points or 0.3% to 2783. The Nasdaq climbed 65 points or 0.9% to 7761.2018-06-14T20:12:25.06"
US Business Inventories Rebound in April,Business Inventories,"US Business Inventories Rebound in AprilUnited States Business InventoriesManufacturers’ and trade inventories in the United States rose 0.3 percent month-over-month to USD 1,930 billion in April of 2018, following a revised 0.1 percent drop in March (flat reading in the previous estimate). Figures were in line with market expectations. Stocks recovered at retailers (0.5 percent compared to -0.7 percent in March) and for autos and parts (0.7 percent compared to -0.9 percent) and rose faster at manufacturers (0.3 percent compared to 0.2 percent). In contrast, stocks edged up only 0.1 percent at wholesalers (0.2 percent in March). Retail inventories excluding autos, which go into the calculation of GDP, increased 0.4 percent in April.2018-06-14T14:08:13.467"
US Export Prices Rise 0.6% MoM in May,Export Prices MoM,"US Export Prices Rise 0.6% MoM in MayUnited States Export Prices MoMPrices for US exports increased 0.6 percent month-over-month in May of 2018, the same pace as in April and above market expectations of a 0.3 percent gain. Cost of agricultural exports rose 1.6 percent compared to a 1.2 percent fall in the previous month, boosted by higher prices of wheat (10.1 percent); corn (4.4 percent) and soybean (1.8 percent). Meanwhile, non-agricultural export prices slowed to 0.5 percent from 0.7 percent in April. Year-on-year, export prices went up 4.9 percent, after increasing 3.8 percent in the prior month and above market consensus of a 4.4 percent rise.2018-06-14T12:33:00"
US Jobless Claims Lower than Expected,Initial Jobless Claims,"US Jobless Claims Lower than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 4 thousand to 218 thousand in the week ending June 9th, below market expectations of 224 thousand. It is the lowest reading in five weeks. According to unadjusted data, the biggest declines in jobless claims were seen in Missouri (-919), Mississippi (-711) and Arkansas (-667) while the highest increases were recorded in Pennsylvania (5,974), California (5,107) and Texas (2,299). Claims fell in the Virgin Islands (-3) but rose in Puerto Rico (780). 2018-06-14T12:33:00"
US Import Prices Rise 0.6% MoM in May,Import Prices MoM,"US Import Prices Rise 0.6% MoM in MayUnited States Import Prices MoMUS import prices increased 0.6 percent month-over-month, the same pace as in the previous month and slightly above market consensus of a 0.5 percent gain. Prices for imported fuel rose 4.9 percent, the most since November, from an upwardly revised 4.1 percent increase in April, as a 5.9 percent gain in cost of petroleum more than offset a 19.5 percent slump in natural gas prices. Meantime, the price index for non-fuel imports advanced 0.2 percent in May, the same pace as in April, driven by higher prices for non-fuel industrial supplies and materials (0.8 percent); consumer goods (0.1 percent); and foods, feeds, and beverages (0.4 percent). Year-on-year, import prices went up 4.3 percent, the most since February 2017, following an upwardly revised 3.6 percent gain in April. Figures came above market expectations of a 3.0 percent rise.




2018-06-14T12:32:00"
US Retail Sales Post Biggest Gain in 6 Months,Retail Sales MoM,"US Retail Sales Post Biggest Gain in 6 MonthsUnited States Retail Sales MoMUS retail trade rose by 0.8 percent month-over-month in May 2018, following an upwardly revised 0.4 percent advance in April and easily beating market expectations of a 0.4 percent gain. It was the steepest increase in retail trade since November, mainly boosted by higher sales at gasoline stations and motor vehicle & parts dealers.2018-06-14T12:32:00"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyUS Dollar decreased to a 4-week low of 93.212018-06-14T11:45:58.117
Dollar Drops After Fed,Currency,"Dollar Drops After FedUnited States CurrencyThe dollar index against a basket of 6 major currencies extended losses on Thursday and traded near 0.4% lower at 93.36 around 9:00 AM London time. The decline comes after the Fed raised rates as expected on Wednesday but signaled a faster pace of monetary policy-tightening this year, pointing to two additional rate hikes compared to only one previously estimated. The dollar initially climbed after the Fed decision, but then slipped. Investors also turn their attention to the ECB monetary policy decision later in the day where policymakers are expected to announce details on the end of its bond-buying program. 2018-06-14T08:05:19.007"
US Stocks Close Lower After Fed Hike,Stock Market,"US Stocks Close Lower After Fed HikeUnited States Stock MarketWall Street closed moderately in the red on Wednesday 13 June 2018, as the Fed raised the target range for the federal funds rate by a quarter point to 1.75-2.00 percent during its June 2018 meeting, as widely expected, with policymakers projecting now two additional hikes by the end of this year. The Dow Jones lost 120 points or 0.5% to 25201. The S&P 500 declined 11 points or 0.4% to 2776. The Nasdaq edged down 8 points or 0.1% to 7696.2018-06-13T20:04:59.39"
Fed Hikes Rates,Interest Rate,"Fed Hikes RatesUnited States Interest RateThe Federal Reserve raised the target range for the federal funds rate by a quarter of a percentage point to a range of between 1.75 percent and 2 percent during its June meeting, saying that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Policymakers projected two additional hikes by the end of this year, compared to one previously estimated.2018-06-13T18:00:00"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped by 4.143 million barrels in the week ended June 8th 2018, after a 2.072 million rise in the previous period and compared with market expectations of a 2.744 million decline. Meantime, gasoline inventories went down by 2.271 million barrels after increasing 4.603 million in the previous week, while markets were expecting a 0.443 million rise.2018-06-13T14:34:10.587"
US Producer Prices Rise More than Expected in May,Producer Price Inflation MoM,"US Producer Prices Rise More than Expected in MayUnited States Producer Price Inflation MoMProducer prices for final demand in the US advanced 0.5 percent month-over-month in May 2018, following a 0.1 percent gain in April and beating market expectations of 0.3 percent. Prices of goods jumped 1 percent, the largest increase since May 2015, mainly due to higher gasoline prices. Meanwhile, cost of services went up 0.3 percent (vs 0.1 percent in April), as prices of both trade and transportation & warehousing services increased at a faster pace. The core index, which excludes food and energy, advanced 0.3 percent, also above market consensus of 0.2 percent. On a yearly basis, producer prices grew 3.1 percent, the most since January 2012, and the core index rose 2.4 percent.2018-06-13T12:34:00"
US Mortgage Applications Drop in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Drop in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States dropped 1.5 percent in the week ended June 8th 2018, after a 4.1 percent surge in the previous period, data from the Mortgage Bankers Association showed. Refinance applications fell 1.5 percent and applications to purchase a home declined also 1.5 percent. The average fixed 30-year mortgage rate went up by 8bps to 4.83 percent.2018-06-13T11:05:20.843"
US Stocks Close Little Changed on Tuesday,Stock Market,"US Stocks Close Little Changed on TuesdayUnited States Stock MarketWall Street closed little changed on Tuesday as US President Trump and North Korean leader Kim Jong Un met for the first time in Singapore and investors await key central bank meetings this week. Also, the inflation rate in the US increased to 2.8 percent in May 2018 from 2.5 percent in April, climbing to a high since February 2012. The Dow Jones lost 2 points or practically flat. In contrast, the S&P 500 edged up 5 points or 0.2% to 2787. The Nasdaq gained 44 points or 0.6% o 7704. 2018-06-12T20:05:21.107"
US Budget Deficit Larger than Expected in May,Government Budget Value,"US Budget Deficit Larger than Expected in MayUnited States Government Budget ValueThe US budget deficit widened to USD 147.0 billion in May 2018 from USD 88.0 billion in the same month of the previous year, and compared to market expectations of USD 144 billion. Outlays jumped 11 percent to USD 364 billion, while receipts dropped 10 percent to USD 217 billion.2018-06-12T18:04:00"
US Inflation Rate at Over 6-Year High,Inflation Rate,"US Inflation Rate at Over 6-Year HighUnited States Inflation RateThe inflation rate in the US increased to 2.8 percent in May of 2018 from 2.5 percent in April, beating market forecasts of 2.7 percent. It is the highest inflation rate since February of 2012. On a monthly basis, consumer prices edged up 0.2 percent, the same as in April and in line with expectations. Gasoline and shelter made the largest upward contributions.2018-06-12T12:33:29.887"
US Small Business Optimism Nears Record High,NFIB Business Optimism Index,"US Small Business Optimism Nears Record HighUnited States NFIB Business Optimism IndexThe NFIB's Small Business Optimism Index in the US rose by 3 points to 107.8 in May 2018, easily beating market expectations of 105.2. It was the second-highest on record, as several peaks were reached: compensation increases hit a 45-year high; positive earnings trends reached a survey high; positive sales trends are at the highest level since 1995; and expansion plans are the most robust in survey history.2018-06-12T10:16:00"
US Stocks Edge Up on Friday,Stock Market,"US Stocks Edge Up on FridayUnited States Stock MarketWall Street closed modestly in the green on Friday 8 June 2018, as trade tensions between the US and its key trade partners persisted with President Trump arriving to the G7 meeting. The Dow Jones gained 75 points or 0.3% to 25317. The S&P 500 increased 9 points or 0.3% to 2779. The Nasdaq edged up 10 points or 0.1% to 7646.2018-06-08T20:13:10.9"
US Wholesale Inventories Revised Higher in April,Wholesale Inventories,"US Wholesale Inventories Revised Higher in AprilUnited States Wholesale InventoriesUS wholesale inventories edged up 0.1 percent month-over-month in April 2018, instead of being unchanged as previously estimated and compared with a 0.2 percent gain in March. There were increases in the stocks of motor vehicles, professional and computer equipment, metals and hardware, and petroleum. Wholesale stocks excluding autos, which goes into the calculation of GDP, nudged up 0.1 percent in April. Year-on-year, wholesale inventories increased 5.8 percent.2018-06-08T14:10:00"
US Economic Optimism Index at 3-Month High in June,Economic Optimism Index,"US Economic Optimism Index at 3-Month High in JuneUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States increased 0.6 percent to 53.9 in June of 2018, but slightly below market expectations of 54.2. It was the strongest reading since March, as the personal financial outlook sub-index rose 1.8 percent to 62.1 in June. In contrast, the Six-Month Outlook which is a forward-looking gauge that looks at how consumers feel about the economy's prospects over the next half year fell 0.2 percent to 51.2 and the gauge measuring confidence in federal economic policies dipped 0.3 percent to 48.3.


 2018-06-08T14:03:00"
US Stocks Close Mixed on Thursday,Stock Market,"US Stocks Close Mixed on ThursdayUnited States Stock MarketWall Street closed mixed on Thursday 7 June 2018, as trade war fears persisted ahead of the G7 meeting and as oil and copper prices rallied on concerns of a decline in crude exports from Venezuela due to falling output; and congestion in its main export terminals and disruptions at the Escondida copper mine in Chile, respectively. The Dow Jones climbed 95 points or 0.4% to 25241. In contrast, the S&P 500 edged down 2 points or 0.1% to 2770, while the Nasdaq lost 54 points or 0.7% to 7635.2018-06-07T20:13:00"
US Consumer Credit Rises Below Expectations,Consumer Credit,"US Consumer Credit Rises Below ExpectationsUnited States Consumer CreditConsumer credit in the United States went up by USD 9.26 billion in April of 2018, following an upwardly revised USD 12.28 billion gain in the previous month and missing market expectations of a USD 13.75 billion rise. It was the smallest monthly gain in consumer credit since September, as revolving credit including credit card borrowing increased by USD 2.20 billion, compared with a USD 1.10 billion decrease in March. In contrast, nonrevolving credit including borrowing for student and auto loans climbed by USD 6.9 billion, after rising by USD 13.40 billion in the prior month.2018-06-07T19:06:00"
Stocks in United States Hit 12-week High,Stock Market,Stocks in United States Hit 12-week HighUnited States Stock MarketDow Jones increased to a 12-week high of 252212018-06-07T13:30:03.517
US Initial Jobless Claims Lower than Expected,Initial Jobless Claims,"US Initial Jobless Claims Lower than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 1 thousand to 222 thousand in the week ending June 2 from the previous week's revised level of 223 thousand and below market expectations of 225 thousand. According to unadjusted data, the biggest declines in claims were recorded in Michigan (-3,774); New Jersey (-1,747), California (-1,448) and New York (-1,332).2018-06-07T12:32:00"
US Stocks Surge on Wednesday,Stock Market,"US Stocks Surge on WednesdayUnited States Stock MarketWall Street closed higher on Wednesday 6 June 2018, with shares of JP Morgan, Bank of America and Morgan Stanley all rose more than 2 percent as Treasury yields climbed. The Dow Jones rose 346 points or 1.4% to 25146. The S&P 500 climbed 24 points or 0.9% to 2772. The Nasdaq jumped 51 points or 0.7% to 7689. 2018-06-06T20:12:12.833"
US Stocks Rise on Wednesday,Stock Market,"US Stocks Rise on WednesdayUnited States Stock MarketWall Street traded higher on Wednesday, mainly boosted by financials and tech shares. The Dow Jones rose 231 points or 0.9%, the S&P 500 increased 13 points or 0.5% and the Nasdaq went up 22 points or 0.3% around 1:10 PM NY time.2018-06-06T17:27:00"
US Crude Oil Inventories Rise Unexpectedly,Crude Oil Stocks Change,"US Crude Oil Inventories Rise UnexpectedlyUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 2.072 million barrels in the week ended June 1st 2018, after a 3.62 million drop in the previous period and compared with market expectations of a 1.824 million decline. Meantime, gasoline inventories went up by 4.603 million barrels after increasing 0.534 million in the previous week, while markets were expecting a smaller 0.587 million rise.2018-06-06T14:35:15.64"
US Trade Gap at 7-Month Low,Balance of Trade,"US Trade Gap at 7-Month LowUnited States Balance of TradeThe US trade deficit narrowed to USD 46.2 billion in April of 2018 from a downwardly revised USD 47.2 billion in March, below market expectations of a USD 49 billion gap. It is the lowest trade deficit in seven months as exports hit a record high boosted by sales of industrial materials and soybeans. Imports edged down 0.2 percent.2018-06-06T12:35:06.12"
US Labour Costs Rise More than Estimated,Labour Costs,"US Labour Costs Rise More than EstimatedUnited States Labour CostsUS unit labor costs in the nonfarm business sector increased 2.9 percent in the first quarter of 2018, compared to an earlier estimate of 2.7 percent gain and following a 2.5 percent rise in the previous-three month period. Figures came above market expectations of a 2.8 percent gain. The rise reflected a 3.3 percent increase in hourly compensation and a 0.4 percent gain in productivity. On a yearly basis, unit labor costs increased 1.3 percent.2018-06-06T12:35:00"
US Imports Fall 0.2% in April,Imports,"US Imports Fall 0.2% in AprilUnited States ImportsImports of goods and services to the US fell 0.2 percent month-over-month to USD 257.4 billion in April 2018. Goods imports declined USD 0.7 billion to USD 209.5 billion, due to lower purchases of: consumer goods (down USD 2.8 billion), such as cell phones and other household goods; and automotive vehicles, parts, and engines (down USD 0.9 billion), mainly passenger cars, new and used. Meanwhile, there were increases in other goods purchases (up USD 1.3 billion), and industrial supplies and materials imports (up USD 1.2 billion), mainly crude oil. Imports of services went up USD 0.3 billion to USD 47.9 billion. On a non-seasonally adjusted basis, imports slumped from Mexico (-6.3 percent), Japan (-6.1 percent), the EU (-1.3 percent), Canada (-1.2 percent) and China (-0.1 percent).2018-06-06T12:34:00"
US Labour Productivity Rise Less than Estimated,Productivity,"US Labour Productivity Rise Less than EstimatedUnited States ProductivityLabor productivity in the US non-farm business sector rose an annualized 0.4 percent during the first quarter of 2018, compared to a preliminary estimate of 0.7 percent and following an unrevised 0.3 percent increase in the previous three-month period. Markets expected labor productivity would be revised down to a 0.6 percent growth. Output increased 2.7 percent and hours worked rose 2.3 percent. Year-on-year, productivity went up 1.3 percent, reflecting a 3.6 percent increase in output and a 2.3 percent gain in hours worked.

2018-06-06T12:33:00"
US Exports Hit Record High,Exports,"US Exports Hit Record HighUnited States ExportsExports of goods and services from the US rose 0.3 percent from the previous month to an all-time high of USD 211.2 billion in April 2018. Goods exports increased by USD 0.3 billion to USD 141.2 billion, as sales rose for: industrial supplies and materials (up USD 1.3 billion), mainly fuel oil and other petroleum products; and food, feeds, and beverages (up USD 0.7 billion), such as soybeans and corn. By contrast, exports of capital goods dropped USD 1.4 billion, due to lower sales of civilian aircraft. Exports of services went up USD 0.3 billion to USD 70.0 billion in April. On a non-seasonally adjusted basis, exports fell to China (-17.1 percent), Japan (-10.5 percent), the EU (-10.2 percent) and Canada (-5.3 percent), but rose to Mexico (2.4 percent).2018-06-06T12:32:00"
US Mortgage Applications Rise 4.1% as Rates Drop Further,Mortgage Applications,"US Mortgage Applications Rise 4.1% as Rates Drop FurtherUnited States Mortgage ApplicationsMortgage applications in the United States increased 4.1 percent in the week ended June 1st 2018, after decreasing 2.9 percent in the previous period. It marks the first gain after six straight weeks of declines in mortgage applications, data from the Mortgage Bankers Association showed. Refinance applications rose 3.8 percent and applications to purchase a home went up 4.2 percent. The average fixed 30-year mortgage rate went down by 9bps to 4.75 percent, the lowest level since the week ending April 20 (4.73 percent).2018-06-06T11:05:00"
US ISM Non Manufacturing PMI Beats Forecasts,Non Manufacturing PMI,"US ISM Non Manufacturing PMI Beats ForecastsUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States jumped to 58.6 in May of 2018 from 56.8 in April, well above market expectations of 57.5. Faster increases were seen for business activity, new orders and employment. Firms remain optimistic about business conditions and the overall economy although there continue to be concerns about the uncertainty surrounding tariffs, trade agreements and the impact on cost of goods sold.2018-06-05T14:05:36.18"
US Job Openings Hit New Record High,Job Offers,"US Job Openings Hit New Record HighUnited States Job OffersThe number of job openings rose to a new all-time high of 6.698 million in April 2018 from an upwardly revised 6.633 million in the previous month, and way above market expectations of 6.4 million. The increase in openings was driven by a surge of vacancies among durable goods manufacturing (33,000) and information firms (26,000), while there was a decline in finance and insurance companies (-84,000). Meanwhile, hiring increased to 5.578 million in April from 5.486 million in March.2018-06-05T14:03:00"
US Services PMI Revised to Highest in 3 Years: Markit,Services PMI,"US Services PMI Revised to Highest in 3 Years: Markit United States Services PMIThe IHS Markit US Services PMI increased to 56.8 in May of 2018 from 54.6 in April and well above 55.7 in the preliminary estimate. The reading pointed to the strongest expansion in the services sector since April of 2015 mainly due to to more favorable economic conditions and greater client demand. Employment rose the most since September of 2015 while new business growth was slightly weaker than in April and backlogs growth rate was the quickest in over three years. Input price inflation accelerated to the highest since October of 2013 due to tariffs, rising interest rates and energy and fuel prices. Output inflation was the highest in three months. Finally, business confidence remained robust in May, despite dipping from April’s recent peak.2018-06-05T13:57:55.15"
US Output Growth Revised Higher to 3-Year High: Markit,Composite Pmi,"US Output Growth Revised Higher to 3-Year High: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI came in at 56.6 in May 2018, way above the preliminary estimate of 55.7 and April's final 54.9. The reading pointed to the fastest expansion in the private sector since April 2015, driven by strong growth in both services (PMI at 56.8 vs 54.6 in April) and manufacturing sectors (PMI at 56.4 vs 56.5 in April).2018-06-05T13:50:00"
US Stocks Close Higher on Monday,Stock Market,"US Stocks Close Higher on MondayUnited States Stock MarketWall Street closed moderately in the green on Monday 4 June 2018 and extended gains from Friday, as investors shrug off trade war fears as the US economy added more jobs than expected in May, and as Apple shares hit an intraday all-time high ahead of the company’s annual developer conference. The Dow Jones gained 178 points or 0.7% to 24814. The S&P 500 increased 12 points or 0.5% to 2747. The Nasdaq climbed 52 points or 0.7% to 7606. 2018-06-04T20:00:00"
ISM New York Index Falls in May,Ism New York Index,"ISM New York Index Falls in May United States Ism New York IndexThe ISM New York Current Business Conditions in the United States declined to 56.4 in May of 2018 from 64.3 in April. A slowdown was seen for employment (50.2 from 58.3) and expected revenues (71.7 from 76.3). Also, quantity of purchases was flat (at 50), current revenues shrank (43.8 from 55.6) and prices paid accelerated (72.9 from 65.8). On the other hand, the Six-Month Outlook rose to 66.9 from 58.4.2018-06-04T14:49:43.243"
US Factory Orders Fall More than Expected in April,Factory Orders,"US Factory Orders Fall More than Expected in AprilUnited States Factory OrdersNew orders for US manufactured goods fell 0.8 percent month-over-month in April 2018, following an upwardly revised 1.7 percent increase in March and worse than market expectations of a 0.5 percent drop. New orders for durable goods declined 1.6 percent due to a sharp fall in transport equipment orders (-6 percent), mainly civilian aircraft (-28.9 percent) and ships and boats (-5.4 percent). Also, demand for machinery decreased 0.7 percent amid declines in orders for both mining, oil field and gas field machinery (-11.6 percent) and industrial machinery (-10 percent). On the other hand, new orders rose for: fabricated metal products (1.8 percent); computers and electronic products (1.1 percent); primary metals (1.4 percent); electrical equipment, appliances, and components (1.8 percent); and non-durable goods (0.1 percent).2018-06-04T14:02:00"
US Stocks Rise on Monday,Stock Market,"US Stocks Rise on MondayUnited States Stock MarketWall Street opened higher on Monday, extending gains from Friday. Investors shrug off trade war fears as the US economy added more jobs than expected in May. The Dow Jones went up 214 points or 0.9%, the S&P 500 added 14 points or 0.5% and the Nasdaq traded 34 points or 0.5% higher around 15 minutes after the opening bell.2018-06-04T13:53:00"
US Stocks Surge on Friday,Stock Market,"US Stocks Surge on FridayUnited States Stock MarketWall Street closed deeply in the green on Friday 1 June 2018 despite trade war concerns, as a stronger-than-expected jobs report for May boosted sentiment. Non-farm payrolls in the United States increased by 223 thousand in May of 2018, following a downwardly revised 159 thousand in April and above market expectations of 189 thousand. Meantime, the jobless rate dropped to 3.8 percent, reaching its lowest level since April 2000. The Dow Jones gained 219 points or 0.9% to 24635. The S&P 500 climbed 29 points or 1.1% to 2735. The Nasdaq jumped 112 points or 1.5% to 7554.2018-06-01T20:06:00"
Stocks in United States On The Rise,stock market,Stocks in United States On The RiseUnited States stock marketDow Jones increased by 1% to 246572018-06-01T16:42:05.12
US Construction Spending Recovers More than Expected,Construction Spending,"US Construction Spending Recovers More than Expected United States Construction SpendingUS construction spending rose 1.8 percent in April 2018, reversing from a 1.7 percent fall in March and beating market expectations of a 0.8 percent rebound. It was the strongest gain in construction spending since January 2016. Investment in private construction grew 2.8 percent, the most since January 2012, recovering from a 2.6 percent slump in the previous month. The main contribution came from investment in private residential projects which rose 4.5 percent, the most since November 1993, after shrinking 4.1 percent in March. Meanwhile, public outlays fell 1.3 percent, after rising 1.2 percent in March, as spending on federal government construction tumbled 10.2 percent and that in state and local government construction went down 1.3 percent .Year-on-year, construction spending advanced 7.6 percent. 2018-06-01T14:04:00"
US Manufacturing Activity Growth Beats Expectations: ISM,Business Confidence,"US Manufacturing Activity Growth Beats Expectations: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US rose to 58.7 in May 2018 from the previous month's nine-month low of 57.3, and beating market expectations of 58.1. New orders, production and employment rose at stronger rates.2018-06-01T14:04:00"
US Manufacturing Growth Remains Solid in May: Markit,Manufacturing PMI,"US Manufacturing Growth Remains Solid in May: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI came in at 56.4 in May 2018, little-changed from the preliminary estimate of 56.6 and April's final 56.5. The reading marked the second-strongest improvement in the health of the manufacturing sector since September 2014, reflecting sharp expansions in output and new orders.2018-06-01T13:48:00"
Dow Jones Jumps After Strong Jobs Report,Stock Market,"Dow Jones Jumps After Strong Jobs ReportUnited States Stock MarketThe Dow Jones climbed 193 points, or 0.8%, to 24,609 right after the market opened on Friday despite trade war concerns, as a stronger-than-expected jobs report for May boosted sentiment. The S&P 500 gained 20 points, or 0.7%, to 2,725, and the Nasdaq rose 61 points, or 0.8%, to 7,504.2018-06-01T13:40:00"
US Wages Rise More than Expected in May,Average Hourly Earnings,"US Wages Rise More than Expected in MayUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 8 cents to USD 26.92, or 0.3 percent, in May 2018, following an unrevised 0.1 percent gain in April and above expectations of a 0.2 percent increase. Over the year, average hourly earnings have increased by 71 cents, or 2.7 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to USD 22.59 in May.

2018-06-01T12:32:00"
US Non Farm Payrolls Rise by 223K in May,Non Farm Payrolls,"US Non Farm Payrolls Rise by 223K in MayUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 223 thousand in May of 2018, following an downwardly revised 159 thousand in April and above market expectations of 189 thousand.  Employment continued 
to trend up in several industries, including retail trade, health care, and construction.2018-06-01T12:31:51.22"
US Unemployment Rate Falls to 18-Year Low,Unemployment Rate,"US Unemployment Rate Falls to 18-Year LowUnited States Unemployment RateThe US unemployment rate fell to 3.8 percent in May 2018 from 3.9 percent in the previous month, and below market expectations of 3.9 percent. It was the lowest rate since April 2000, as the number of unemployed decreased by 281 thousand to 6.07 million and employment rose by 293 thousand to 155.47 million.2018-06-01T12:31:00"
US Stocks Dip on Tariffs Announcement,Stock Market,"US Stocks Dip on Tariffs AnnouncementUnited States Stock MarketWall Street closed lower on Thursday 31 May 2018 after the Trump administration said it will begin imposing tariffs on steel and aluminum imports from the EU, Canada and Mexico starting Friday. The Dow Jones lost 252 points or 1.0% to 24416. The S&P 500 declined 19 points or 0.7% to 2705. The Nasdaq slipped 20 points or 0.3% to 7442.2018-05-31T20:05:10.89"
US Crude Oil Inventories Fall the Most in 8 Weeks,Crude Oil Stocks Change,"US Crude Oil Inventories Fall the Most in 8 WeeksUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States declined by 3.62 million barrels in the week ended May 25th 2018, after a 5.778 million rise in the previous period and compared with market expectations of a 0.4 million decline. Meantime, gasoline inventories went up by 0.534 million barrels after increasing 1.883 million in the previous week, while markets were expecting a 1.368 million drop2018-05-31T15:04:13.413"
US Stocks Fall on Tariffs Announcement,stock market,"US Stocks Fall on Tariffs AnnouncementUnited States stock marketWall Street traded lower on Thursday after the Trump administration said it will begin imposing tariffs on steel and aluminum imports from the EU, Canada and Mexico starting Friday. The Dow Jones lost 230 points or 0.9%, the S&P fell 11 points or 0.4% and the Nasdaq traded nearly flat around 11:25 AM NY time.2018-05-31T14:49:00"
Chicago PMI Highest in 4 Months,Chicago Pmi,"Chicago PMI Highest in 4 MonthsUnited States Chicago PmiThe MNI Chicago Business Barometer rose to 62.7 in May of 2018 from 57.6 in April, beating market expectations of 58. It is the highest reading since January, largely driven by an acceleration in both output levels and orders. Business activity gained traction in May, with growth in firms’ operations up for only the second time this year. All five Barometer components rose on the month.2018-05-31T14:16:48.437"
US Pending Home Sales Fall for 4th Month,Pending Home Sales,"US Pending Home Sales Fall for 4th MonthUnited States Pending Home SalesContracts to buy previously owned homes in the United States shrank 2.1 percent year-on-year in April of 2018, following a downwardly revised 2.8 percent drop in March. It is the fourth consecutive month of annual declines in pending home sales. Sales fell in the Northeast (-6.9 percent), the Midwest (-5.1 percent) and the West (-4.6 percent) but rose in the South (2.7 percent). On a month-over-month basis, sales slumped 1.3 percent, after an upwardly revised 0.6 percent rise in March and compared to market expectations of a 0.4 percent gain. 2018-05-31T14:12:29.793"
US PCE Prices Rise More than Expected,PCE Price Index Monthly Change,"US PCE Prices Rise More than ExpectedUnited States PCE Price Index Monthly ChangeThe personal consumption expenditures (PCE) price index in the United States increased 0.2 percent month-over-month in April of 2018 after being unchanged in March and beating market forecasts of a flat reading. Cost of goods went up 0.4 percent, rebounding from a 0.5 percent drop in March, boosted by nondurables (0.5 percent compared to -0.5 percent) while prices of durables was unchanged (compared to -0.3 percent in March). Cost of services rose 0.2 percent, slightly below 0.3 percent in March. Excluding food and energy, PCE prices also went up 0.2 percent, the same as in each of the previous two months and above market forecasts of 0.1 percent. On the year, the PCE price index rose 2 percent, the same as in March. The core index rose 1.8 percent, also the same as in the previous month. The core PCE index is the Federal Reserve's preferred inflation measure. The central bank has a 2 percent inflation target.

2018-05-31T12:53:00"
US Personal Consumption Rises the Most in 5 Months,Personal Spending,"US Personal Consumption Rises the Most in 5 MonthsUnited States Personal SpendingPersonal spending in the United States increased 0.6 percent month-over-month in April of 2018 after an upwardly revised 0.5 percent gain in March and beating market expectations of a smaller 0.4 percent gain. It is the biggest increase in personal spending in five months, mainly boosted by a rebound in consumption of nondurable goods. 2018-05-31T12:40:00"
US Personal Income Rises 0.3% in April,Personal Income,"US Personal Income Rises 0.3% in AprilUnited States Personal IncomePersonal income increased $49.5 billion or 0.3 percent in April according to estimates released  by
the Bureau of Economic Analysis. The increase in personal income in April primarily reflected increases in wages and salaries, in personal interest income, and in government social benefit payments to persons, specifically veteran’s benefits and Medicare.2018-05-31T12:35:23.387"
US Initial Jobless Claims Below Forecasts,Initial Jobless Claims,"US Initial Jobless Claims Below ForecastsUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 13 thousand to 221 thousand in the week ending May 26 from the previous week's unrevised level of 234 thousand, below market expectations of 228 thousand. According to unadjusted data, the biggest declines in claims were recorded in California (-4,034), Kentucky (-3,752), Pennsylvania (-1,490) and Alabama (-1,039). The biggest increases were seen in New York (+1,681) and Illinois (+997). Claims taking procedures in Puerto Rico (578) and in the Virgin Islands (10) have still not returned to normal.2018-05-31T12:32:00"
US Planned Layoffs Lowest in 7 Months,Challenger Job Cuts,"US Planned Layoffs Lowest in 7 MonthsUnited States Challenger Job CutsJob cuts announced by US-based employers fell 12.6 percent month-over-month to 31,517 in May of 2018, hitting the lowest monthly level since October of 2017. On average, job cuts are at their lowest in May and June as companies typically make their staffing moves at the beginning of the year or in the fourth quarter. Retail led all sectors in job cuts (4,946), followed by services (4,698) and health care/products companies (4,003). So far this year, employers have announced 207,977 job cuts, 6.2 percent more than the 195,895 announced through the first five months of 2017.2018-05-31T11:38:00"
US Stocks Rebound Sharply on Wednesday,Stock Market,"US Stocks Rebound Sharply on WednesdayUnited States Stock MarketWall Street rebounded following Tuesday's selloff and closed deeply in the green on Wednesday 30 May 2018 as political concerns over Italy eased and bank shares recovered. Gains came despite a small downward revision for US Q1 GDP growth to 2.2% from 2.3%. Also, figures showed corporate profits went up 5.9 percent compared to a 6 percent growth in market expectations. The Dow Jones gained 306 points or 1.3% to 24668. The S&P 500 rose 34 points or 1.3% to 2724. The Nasdaq increased 66 points or 0.9% to 7462.2018-05-30T20:06:38.463"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketWall Street rebounded at the open on Wednesday as political concerns over Italy eased. Gains came despite a small downward revision for US Q1 GDP growth to 2.2% from 2.3%. Also, figures showed corporate profits went up 5.9 percent compared to a 6 percent growth in market expectations. The Dow Jones added 170 points or 0.7%, the S&P 500 increased 17 points or 0.6% and the Nasdaq rose 38 points or 0.5% around 10 minutes after the opening bell.  2018-05-30T13:46:56.29"
US Wholesale Inventories Unchanged in April,Wholesale Inventories,"US Wholesale Inventories Unchanged in AprilUnited States Wholesale InventoriesWholesale Inventories in the United States were virtually unchanged in April of 2018 from the previous month and missing market expectations of a 0.4 percent gain, preliminary estimates showed. The increase in stocks of durable goods (0.2 percent from 0.8 percent in March) was offset by a drop in stocks of non-durable ones (-0.2 percent from -0.6 percent). Year-on-year, wholesale inventories grew 5.6 percent.2018-05-30T12:48:00"
US Corporate Profits Rise 5.9% in Q1,Corporate Profits,"US Corporate Profits Rise 5.9% in Q1United States Corporate ProfitsCorporate profits in the United States increased by USD 105.0 billion, or 5.9 percent, to USD 1,872 billion in the first quarter of 2018, following a 1.7 percent advance in the previous period and missing market expectations of 6 percent. Undistributed profits rose by USD 101.6 billion, or 12.9 percent, to USD 888.7 billion, and net dividends increased by only USD 3.4 billion, or 0.3 percent, to USD 983.3 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, jumped by USD 1122.1 billion, or 78 percent, to USD 2,560.9 billion.2018-05-30T12:35:00"
US GDP Growth Revised Lower to 2.2% in Q1,GDP Growth Rate,"US GDP Growth Revised Lower to 2.2% in Q1United States GDP Growth RateThe US economy expanded an annualized 2.2 percent on quarter in the first quarter of 2018, below 2.3 percent in the advance estimate and market expectations of 2.3 percent. Downward revisions to private inventory investment, residential fixed investment, and exports were partly offset by an upward revision to nonresidential fixed investment, the second estimate showed.2018-05-30T12:33:55.677"
US Private Sector Adds Less Jobs than Expected: ADP,ADP Employment Change,"US Private Sector Adds Less Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 178 thousand workers in May of 2018, compared with a downwardly revised 163 thousand in April and below market expectations of 190 thousand. The service-providing sector added 114 thousand jobs, boosted by professional and business (61 thousand); education and health (35 thousand); leisure and hospitality (33 thousand); other services (5 thousand); financial activities (2 thousand); and information (2 thousand); while the trade, transportation and utilities sector lost 23 thousand jobs. The goods-producing sector added 64 thousand jobs supported by construction (39 thousand), manufacturing (14 thousand) and natural resources and mining (11 thousand). Midsized companies were the ones hiring the most workers (84 thousand), followed by large (56 thousand) and small (38 thousand).2018-05-30T12:22:00"
US Mortgage Applications Fall 2.9% in Latest Week,Mortgage Applications,"US Mortgage Applications Fall 2.9% in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States dropped 2.9 percent in the week ended May 25th 2018, after declining 2.6 percent in the previous period. It marks the sixth consecutive week of falls in mortgage applications, data from the Mortgage Bankers Association showed. Refinance applications slumped 4.7 percent and applications to purchase a home fell 1.9 percent. The average fixed 30-year mortgage rate went down by 2bps to 4.84 percent.2018-05-30T11:04:28.793"
US Stocks Tank on Monday,Stock Market,"US Stocks Tank on MondayUnited States Stock MarketWall Street closed in the red on Monday 29 May 2018, as investors fear that a general election in Italy as soon as August will give greater support and a more forceful mandate to the country's anti-establishment parties, nudging a rout in bank shares. The Dow Jones plunged 392 points or 1.6% to 24361. The S&P 500 dropped 31 points or 1.2% to 2690. The Nasdaq lost 37 points or 0.5% to 7397.2018-05-29T20:00:00"
Stocks in United States Falling,stock market,Stocks in United States FallingUnited States stock marketDow Jones decreased by 2% to 242572018-05-29T18:45:16.227
US 10Y Bond Yield Hits 8-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 8-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 8-week low of 2.7666%2018-05-29T18:41:23.657
Texas Manufacturing Expansion Accelerates in May,Dallas Fed Manufacturing Index,"Texas Manufacturing Expansion Accelerates in MayUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose by 5 points to 26.8 in May 2018, beating market expectations of 21.8. The production index increased 9.9 points to a 12-year high of 35.2, signaling further acceleration in output growth. Also, most other indexes of manufacturing activity indicated a sharp acceleration in May: capacity utilization (up 13.5 points to 32.2); shipments (up 20.2 points to 39.5); and growth rate of orders (up 7.6 points to 26.5). All three measures reached their highest readings since 2006. The employment index pushed up 5.6 points to 23.4, its highest level in six years, and the hours worked index shot up 8.9 points to 23.2.2018-05-29T14:40:00"
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on TuesdayUnited States Stock MarketWall Street opened lower on Tuesday, the first trading day of the week, as political turmoil in Europe and investors' worries spread around the world. The Dow Jones went down 206 points or 0.8%, the S&P 500 fell 20 points or 0.8% and the Nasdaq dropped 38 points or 0.5% around 10 minutes after the opening bell.2018-05-29T13:47:22.347"
US House Prices Rise More than Expected: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise More than Expected: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-City Composite Home Price Index in the US rose 6.8 percent year-on-year in March of 2018, the same as in February and above market expectations of a 6.5 percent gain. It remains the highest increase in house prices since an 8.1 percent climb in June 2014, with Seattle (13 percent), Las Vegas (12.4 percent) and San Francisco (11.3 percent) reporting the sharpest gains among the 20 cities. Meanwhile, the national index, covering all nine US census divisions rose 6.5 percent, also the same as in February. 2018-05-29T13:15:51.003"
US 10Y Bond Yield Hits 5-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 5-week low of 2.9313%2018-05-28T09:24:24.587
US Consumer Sentiment Revised Lower in May,Consumer Confidence,"US Consumer Sentiment Revised Lower in MayUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised down to 98 in May of 2018 from a preliminary reading of 98.8 and below 98.8 in April. It is the lowest reading in four months as consumers anticipated smaller income gains and references to discounted prices for durables, vehicles, and homes fell to decade lows.2018-05-25T14:05:27.467"
US 10Y Bond Yield Hits 5-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 5-week low of 2.935%2018-05-25T13:05:42.81
US Durable Goods Orders Fall More than Expected,Durable Goods Orders,"US Durable Goods Orders Fall More than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods slumped 1.7 percent month-over-month in April of 2018, following an upwardly revised 2.7 percent rise in March. It compares with market expectations of a 1.4 percent drop as orders for transportation equipment tumbled 6.1 percent. However, orders for non-defense capital goods excluding aircraft, a proxy for business spending, jumped 1 percent, reversing from a 0.9 percent decrease in March.2018-05-25T12:34:54"
US Stocks Fall after Trump Cancels North Korea Summit,Stock Market,"US Stocks Fall after Trump Cancels North Korea SummitUnited States Stock MarketWall Street fell on Thursday after President Trump said his summit with North Korea is off, mentioning tremendous anger and open hostility displayed in North Korea President's recent statement. The Dow Jones fell 124 points or 0.5%, the S&P lost 12 points or 0.5% and the Nasdaq traded 23 points or 0.3% lower around 10:10 AM NY time.
2018-05-24T14:19:06"
US Existing Home Sales Fall More than Expected,Existing Home Sales,"US Existing Home Sales Fall More than ExpectedUnited States Existing Home SalesSales of previously owned houses in the US declined 2.5 percent month-over-month to a seasonally adjusted annual rate of 5.46 million in April of 2018 from 5.6 million in March. It compares with market expectations of a 0.2 percent drop to 5.57 million. Sales of single family houses slumped 3 percent to 4.84 million, following a 0.6 percent rise in March while sales of condos rose 1.6 percent to 0.620 million, following a 5.2 percent surge. The median house price increased to $257,900 from $249,800 in March and the months' worth of supply edged up to 4. In addition, the number of houses available in the market increased to 1.800 million. Year-on-year, existing home sales rose 5.5 percent2018-05-24T14:05:00"
US House Prices Rise the Least since 2015: FHFA,FHFA House Price Index MoM,"US House Prices Rise the Least since 2015: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States edged up 0.1 percent month-over-month in March of 2018, following an upwardly revised 0.8 percent gain in February and well below market expectations of 0.5 percent. It is the lowest monthly rise in house prices since January of 2015. Year-on-year, house prices went up 6.7 percent. Considering the first quarter of the year, house prices rose 1.7 percent from the previous period and 6.9 percent over a year earlier. Home prices went up in all 50 states and the District of Columbia between the first quarter of 2017 and the first quarter of 2018. The top five areas in annual appreciation were Nevada (13.7 percent); Washington (13.1 percent); Idaho (11.1 percent); Colorado (10.6 percent); and Utah (9.9 percent).
2018-05-24T13:19:38.87"
US Initial Claims at 7-Week High,Initial Jobless Claims,"US Initial Claims at 7-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 11 thousand to 234 thousand in the week ending May 19th, above market expectations of 220 thousand. It is the highest reading in seven weeks. The previous week level was revised slightly up by 1 thousand to 223 thousand. According to unadjusted data, the biggest rises in claims were recorded in California (2,782), Pennsylvania (2,214), Kentucky (1,679), Michigan (1,550) and New Jersey (1,034). The biggest declines were seen in Missouri (-2,852) and Washington (-289). Claims taking procedures in Puerto Rico (-5) and in the Virgin Islands (-11) have still not returned to normal.2018-05-24T12:33:43"
US Stocks Close Higher on Wednesday,Stock Market,"US Stocks Close Higher on Wednesday United States Stock MarketWall Street closed mostly higher on Wednesday 23 May 2018 amid trade and geopolitical concerns after President Trump said he's not satisfied with China trade talks and his summit with North Korea could be cancelled or delayed if certain conditions are not met. Also, Fed minutes showed that the Fed will let inflation run above the 2 percent goal for a ‘temporary period’. The Dow Jones edged up 52 points or 0.2% to 24887. The S&P 500 climbed 9 points or 0.3% to 2733. The Nasdaq jumped 47 points or 0.6% to 7426. 2018-05-23T20:01:01"
"Fed Signals Next Rate Hike Soon, June on the Table",Interest Rate,"Fed Signals Next Rate Hike Soon, June on the TableUnited States Interest RateIt will soon be appropriate for the Fed to raise rates if incoming information broadly confirms the current economic outlook, minutes from the last FOMC meeting showed, pointing to a rate hike at the June meeting. Policymakers also said that a temporary period of inflation above 2 percent would still be consistent with the Committee's objective.2018-05-23T18:37:41.783"
US Crude Oil Inventories Recover in Latest Week,Crude Oil Stocks Change,"US Crude Oil Inventories Recover in Latest WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 5.778 million barrels in the week ended May 18th 2018, after a 1.4040 million fall in the previous period and compared with market expectations of a 1.567 million decline. Meantime, gasoline inventories went up by 1.883 million barrels after decreasing 3.790 million in the previous week, while markets were expecting a 1.388 million drop. Both crude oil stocks and gasoline inventories posted the first increase after two straight weeks of declines. 2018-05-23T14:39:40"
US New Home Sales Fall Less than Expected,New Home Sales,"US New Home Sales Fall Less than ExpectedUnited States New Home SalesSales of new single-family houses in the United States shrank 1.5 percent from the previous month to a seasonally adjusted annual rate of 662 thousand in April of 2018, compared to market expectations of a 2 percent drop. It follows a downwardly revised 2 percent jump in March.2018-05-23T14:12:08.46"
US Composite PMI Higher than Expected in May,Composite Pmi,"US Composite PMI Higher than Expected in MayUnited States Composite PmiThe IHS Markit US Composite PMI rose to 55.7 in May of 2018 from 54.9 in April, beating market forecasts of 55, preliminary estimates showed. The reading pointed to the strongest expansion in private sector activity in three months. Both services (55.7 from 54.6, 3-month high) and manufacturing (56.6 from 56.5, 44-month high) rose at faster paces.2018-05-23T14:04:05.917"
US Manufacturing Growth Highest since 2014: PMI,Manufacturing PMI,"US Manufacturing Growth Highest since 2014: PMIUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI edged up to 56.6 in May of 2018 from 56.5 in April, slightly above market expectations of 56.5, preliminary estimates showed. The reading pointed to the strongest growth rate in factory activity since September of 2014 amid faster rises in production and incoming new business due to improving economic conditions and a continued recovery in domestic sales. 2018-05-23T13:52:01.647"
US Services Sector Growth at 3-Month High: PMI,Services PMI,"US Services Sector Growth at 3-Month High: PMIUnited States Services PMIThe IHS Markit US Services PMI rose to 55.7 in May 2018 from 54.6 in the previous month and beating market expectations of 54.9, preliminary estimates showed. The reading pointed to the fastest expansion in the services sector since February, mainly due to higher output while new orders eased slightly from the three-year peak seen in April. Backlogs of work continued to accumulate for the thirteenth straight month and the most since since March 2015. On the price front, input inflation was the steepest in three months, amid higher oil-related costs and rising commodity prices.2018-05-23T13:50:26"
US Stocks Open Lower,Stock Market,"US Stocks Open LowerUnited States Stock MarketWall Street opened in the red on Wednesday amid rising trade and geopolitical concerns after President Trump said he's not satisfied with China trade talks and his summit with North Korea could be cancelled or delayed if certain conditions are not met. Also, lower-than-expected earnings from Target also weighed on investors' mood. The Dow Jones fell 102 points or 0.4%, the S&P went down 10 points or 0.4% and the Nasdaq declined 28 points or 0.4% around 9 minutes after the opening bell. 
2018-05-23T13:42:03.647"
US Mortgage Applications Fall 2.6% in Latest Week,Mortgage Applications,"US Mortgage Applications Fall 2.6% in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States dropped 2.6 percent in the week ended May 18th 2018, after declining 2.7 percent in the previous period. It marks the fifth consecutive week of falls in mortgage applications, data from the Mortgage Bankers Association showed. Refinance applications slumped 3.7 percent, with the index reaching the lowest since December 2000 and applications to purchase a home fell 2 percent. The average fixed 30-year mortgage rate jumped by 9bps to 4.86 percent.2018-05-23T11:02:44.947"
US Stocks Close Down on Tuesday,Stock Market,"US Stocks Close Down on TuesdayUnited States Stock MarketWall Street closed lower on Tuesday 22 May 2018, as President Trump said a highly anticipated summit with North Korea scheduled for June 12 in Singapore may not happen, offsetting early gains in the session after China said it will reduce tariffs on certain vehicles effective July 1. The Dow Jones lost 178 points or 0.7% to 24835. The S&P 500 retreated 8 points or 0.3% to 2725. The Nasdaq declined 13 points or 0.2% to 7381. 2018-05-22T20:01:10.937"
Richmond Fed Index Rebounds in May,Richmond Fed Manufacturing Index,"Richmond Fed Index Rebounds in MayUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia jumped to 16 in May of 2018 from -3 in April which was the lowest reading since September of 2016. Figures beat market expectations of 9, boosted by shipments (15 from -8), new orders (16 from -9) and employment (18 from 12). Local business conditions also moved back into expansionary territory and firms remained optimistic that growth would continue in coming months. Meanwhile, wages (28 from 27), prices paid (2.63 from 2.43) and received (1.75 from 1.46) increased more. 

2018-05-22T14:07:24.42"
US Stocks Close Higher on Monday,Stock Market,"US Stocks Close Higher on MondayUnited States Stock MarketWall Street closed moderately higher on Monday 21 May 2018, as US-China trade tensions eased after the US Treasury Secretary Mnuchin said during the weekend the trade war and the tariffs were ""on hold"". The Dow Jones surged 298 points or 1.2% to 25013. The S&P 500 gained 20 points or 0.7% to 2733. The Nasdaq climbed 40 points or 0.5% to 7394.
2018-05-21T20:19:36.803"
US Stocks Rally,stock market,US Stocks RallyUnited States stock marketWall Street opened sharply higher on Monday as US-China trade tensions eased after the US Treasury Secretary Mnuchin said during the weekend the trade war and the tariffs were "on hold". The Dow Jones rose 276 points or 1.1%; the S&P 500 gained 22 points or 0.8%; the Nasdaq went up 71 points or 1% around 5 minutes after the opening bell.2018-05-21T13:30:40
Chicago Fed National Activity Index Above Expectations,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Above ExpectationsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index rose to 0.34 in April 2018 from an upwardly revised 0.32 in the previous month and easily beating market expectations of 0.14. Production-related indicators contributed +0.27 to the index (vs +0.19 in March), as manufacturing industrial production increased by 0.5 percent in April after being unchanged in March. Also, employment-related indicators contributed +0.10, up from +0.04 in March; while the sales, orders, and inventories category made a contribution of +0.02, down slightly from +0.08 in March. On the other hand, the contribution of the personal consumption and housing category to the CFNAI fell to -0.05 in April from +0.02 in March, as the number of housing starts and building permits declined from the previous month.2018-05-21T12:37:38"
Dollar Hits New 2018 Peak,Currency,"Dollar Hits New 2018 PeakUnited States CurrencyThe dollar index rose 0.4% to 94.0 in early trading on Monday, its highest level in 2018, after the US and China agreed to put their trade war ""on hold"" while investors await Wednesday's Fed meeting minutes for further clues on the path of interest rate hikes.2018-05-21T08:25:46"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street closed mixed on Friday 18 May 2018, as tensions between China and the US weighed on investor sentiment while both countries began the second round of trade talks and President Trump told reporters he doubted negotiations would be successful. The Dow Jones edged up 7 points or less than 0.1% to 24721. In contrast, the S&P 500 dipped 7 points or 0.3% to 2713 and the Nasdaq lost 28 points or 0.4% to 7354.2018-05-18T20:02:09.91"
"US 10-Year Yield Hits 3.1%, Fresh 7-Year High",Government Bond 10Y,"US 10-Year Yield Hits 3.1%, Fresh 7-Year HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose for the 5th straight session to 3.1 percent on Thursday, May 17th 2018. The yield hit a new high since July 2011 after fresh data suggested resilient economic growth: initial claims rose more than expected to 222K but remained well below 300K, a level associated with a healthy jobs market. Also, the Philadelphia Fed Manufacturing Index beat forecasts. 2018-05-17T16:22:07.203"
Philadelphia Fed Manufacturing Index Hits 1-Year High,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Hits 1-Year HighUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States rose to 34.4 in May 2018 from 23.2 in the previous month, easily beating market expectations of 21. It was the highest reading since May last year amid an improvement in new orders (40.6 vs 18.4 in April), shipments (25.8 vs 23.9), and employment (30.2, its highest reading in seven months, vs 27.1). Both the delivery times and unfilled orders indexes remained positive, suggesting longer delivery times and increases in unfilled orders. Also, inventories were, on balance, slightly higher this month. On the price front, the prices paid diffusion index fell 4 points to 52.6 but remained at an elevated level. The current prices received index, reflecting the manufacturers’ own prices, increased 7 points to a reading of 36.4, its second consecutive month of increase and highest reading since February 1989. 2018-05-17T12:35:59"
US Initial Jobless Claims Rise More than Expected,Initial Jobless Claims,"US Initial Jobless Claims Rise More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased to 222 thousand in the week ending May 12th, from the previous week's unrevised level of 211 thousand and exceeding market expectations of 215 thousand. It was the highest reading in four weeks. According to unadjusted data, the biggest increases in initial claims were recorded in Missouri (+3,682), Kentucky (+2,989), Alabama (+904) and California (+890) while the main declines were seen in Pennsylvania (-1,381), Ohio (-1,214) and New York (-950). Claims taking procedures in Puerto Rico (-164) and in the Virgin Islands (-5) have still not returned to normal.2018-05-17T12:31:44"
US Stocks Edge Higher on Wednesday,Stock Market,"US Stocks Edge Higher on WednesdayUnited States Stock MarketWall Street closed moderately in the green on Wednesday 16 May 2018, as Macy's shares rallied more than 10 percent on stronger-than-expected quarterly earnings, nudging the broader retail sector to its biggest one-day climb since April 10. The Dow Jones gained 63 points or 0.3% to 24769. The S&P 500 jumped 11 points or 0.4% to 2722. The Nasdaq climbed 47 points or 0.6% to 7398. 2018-05-16T20:37:56.05"
US Crude Oil Inventories Fall for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.4040 million barrels in the week ended May 11th 2018, after a 2.197 million drop in the previous period and higher than market expectations of a 0.763 million decrease. Meanwhile, gasoline inventories fell by 3.790 million barrels after decreasing by 2.174 million in the previous week, while markets were expecting 1.421 million drop.2018-05-16T14:55:36.7"
US Industrial Output Rises More than Expected in April,Industrial Production Mom,"US Industrial Output Rises More than Expected in AprilUnited States Industrial Production MomUS industrial production increased by 0.7 percent month-over-month in April 2018, the same pace as in March and beating market expectations of a 0.6 percent gain. It was the third consecutive monthly increase in output, boosted by advances in both manufacturing and mining production while utilities growth slowed.2018-05-16T13:19:33.24"
US Housing Starts at 4-Month Low,Housing Starts,"US Housing Starts at 4-Month LowUnited States Housing StartsHousing starts in the US slumped 3.7 percent month-over-month to an annualized rate of 1,287 thousand in April of 2018, following an upwardly revised 3.6 percent rise in March. It is the lowest rate in four months, mainly due to a sharp fall in the multi-family segment. It compares with market expectations of 1,310 thousand rate. 2018-05-16T12:38:24.787"
US Building Permits Fall Less than Expected in April,Building Permits,"US Building Permits Fall Less than Expected in AprilUnited States Building PermitsBuilding permits in the United States fell 1.8 percent from the previous month to a seasonally adjusted annual rate of 1,352 thousand in April 2018, while markets were expecting a bigger 2.3 percent drop to 1,347 thousand. Multi-family authorizations declined 6.3 percent to 493 thousand while single-family permits rose 0.9 percent to 859 thousand. Across regions permits fell in the Northeast (-31.9 percent), the West (-13.2 percent) and the Midwest (-4.4 percent), but increased in the South (12 percent).2018-05-16T12:37:30"
US Mortgage Applications Fall for 4th Week,Mortgage Applications,"US Mortgage Applications Fall for 4th WeekUnited States Mortgage ApplicationsMortgage applications in the United States dropped 2.7 percent in the week ended May 11th 2018, after declining 0.4 percent in the previous period. It marks the fourth consecutive week of falls in mortgage applications, data from the Mortgage Bankers Association showed. Refinance applications slumped 3.8 percent, with the index reaching the lowest since August 2008 and applications to purchase a home fell 2.1 percent. The average fixed 30-year mortgage rate edged down by 1bps to 4.77 percent.2018-05-16T11:07:20.18"
Dollar Index Hits 20-week High,currency,Dollar Index Hits 20-week HighUnited States currencyUS Dollar increased to a 20-week high of 93.462018-05-16T09:41:42.85
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on TuesdayUnited States Stock MarketWall Street closed moderately in the red on Tuesday 15 May 2018 after retail sales data matched forecasts, prompting a rise in US bond yields. Also, Home Depot earnings beat expectations but sales missed estimates. The Dow Jones declined 193 points or 0.8% to 24706. The S&P 500 lost 19 points or 0.7% to 2711. The Nasdaq dipped 60 points or 08% to 7352. 2018-05-15T20:10:46.327"
US Overseas Investors Sell Treasuries Below Expectations,Capital Flows,"US Overseas Investors Sell Treasuries Below ExpectationsUnited States Capital FlowsOverseas investors sold USD 38.5 billion of US assets, including short-dated instruments in March of 2018, after buying USD 44.7 billion in the previous month. The figure contrasted with market expectations of USD 55.6 billion of sold assets. Meanwhile, foreigners bought USD 61.8 billion of long-term US securities, including government and corporate, after buying USD 49.0 billion in the previous month. Foreign investors sold USD 4.9 billion of Treasures in March after buying USD 43.2 billion in the previous month.2018-05-15T20:08:07.107"
Stocks in United States Falling,stock market,Stocks in United States FallingUnited States stock marketDow Jones decreased by 1% to 246502018-05-15T16:05:38.707
US 10Y Bond Yield Hits 6-year High,Government Bond 10Y,US 10Y Bond Yield Hits 6-year Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 6-year high of 3.0631%2018-05-15T15:58:59.433
Dollar Climbs After US Retail Data,Currency,"Dollar Climbs After US Retail DataUnited States CurrencyThe dollar index rose 0.5% against a basket of major currencies to 93.02 on Tuesday, as the yield on the US 10-year Treasury note surged to its highest since July 2011 following data showing retail sales increased in April.2018-05-15T14:36:47"
US 10-Year Treasury Yield Hits New 7-Year High,Government Bond 10Y,"US 10-Year Treasury Yield Hits New 7-Year HighUnited States Government Bond 10YThe 10-year Treasury yield climbed 7bps to a fresh seven-year high of 3.06% on Tuesday, after latest data showed US retail sales rose for a second straight month in April and manufacturing activity in New York State came in above expectations.2018-05-15T14:11:58.587"
US Home Builder Sentiment Rises in May,Nahb Housing Market Index,"US Home Builder Sentiment Rises in MayUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States edged up to 70 in May of 2018 from a downwardly revised 68 in April, beating market expectations of 69. The index measuring current single-family home sales rose to 76 from 74 in April and the component gauging sales expectations in the next six months was steady at 77. Meanwhile, the prospective buyer index was also unchanged at 51. 2018-05-15T14:10:51.82"
US Business Inventories Unchanged in March,Business Inventories,"US Business Inventories Unchanged in MarchUnited States Business InventoriesManufacturers’ and trade inventories in the United States were unchanged at USD 1,929.6 billion in March 2018, following a 0.6 percent advance in February and missing market expectations of a 0.1 percent gain. A decline in retailers' stocks (-0.5 percent vs 0.4 percent in February) was offset by increases in inventories at both manufacturers (0.3 percent vs 0.4 percent) and wholesalers (0.3 percent vs 0.9 percent).2018-05-15T14:04:52"
US Stocks Fall,Stock Market,"US Stocks Fall United States Stock MarketUnited States Stock Market is losing 210 points. Losses were led by Johnson & Johnson (-1.97%), Verizon (-1.77%) and Caterpillar (-1.62%). Offsetting the fall, top gainers were Walmart (1.66%), UnitedHealth (1.23%) and Walt Disney (0.53%).2018-05-15T14:00:03"
US NY Empire State Manufacturing Index Above Forecasts,NY Empire State Manufacturing Index,"US NY Empire State Manufacturing Index Above ForecastsUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States rose to 20.1 in May 2018 from 15.8 in the previous month, beating market expectations of 15. Increases were seen in new orders (16.0 from 9.0 in April); shipments (19.1 from 17.5); unfilled orders (5.0 from 3.7); inventories (10.1 from 8.1) and employment (8.7 from 6.0). At the same time, the workweek was slightly shorter (11.1 from 16.9) and both prices paid (54.0 from 47.4) and received (23.0 from 20.7) went up. Meanwhile, firms were somewhat more optimistic about the six-month outlook than they were in April, with the index for future business conditions jumping to 31.1 from 18.3.
2018-05-15T12:37:16"
US Retail Sales Rise 0.3% in April,Retail Sales MoM,"US Retail Sales Rise 0.3% in AprilUnited States Retail Sales MoMUS retail trade rose by 0.3 percent month-over-month in April 2018, following an upwardly revised 0.8 percent surge in March and matching market expectations. The increase was mainly driven by higher purchases at gasoline stations, gardening and building material stores, and clothing stores.2018-05-15T12:33:10"
US Stocks Rise on Monday,Stock Market,"US Stocks Rise on MondayUnited States Stock MarketWall Street opened in the green on Monday as US-China trade tensions eased after President Trump tweeted ""President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast. Too many jobs in China lost. Commerce Department has been instructed to get it done!"". The Dow Jones was up 121 points or 0.5%; the S&P 500 rose 9 points or 0.3%; and the Nasdaq traded 33 points or 0.4% higher around 10 minutes after the opening bell. 2018-05-14T13:45:44"
Fed Mester Supports Gradual US Rate Increases,Interest Rate,"Fed Mester Supports Gradual US Rate IncreasesUnited States Interest RateThe Federal Reserve should continue its gradual approach to raise interest rates given that inflation has not yet reached the target of 2 percent, Cleveland Fed President Loretta Mester said in a speech. “In my view, the medium-run outlook supports the continued gradual removal of policy accommodation; it seems the best strategy for balancing the risks to both of our policy goals and avoiding a build-up of financial stability risks,” she added. Regarding inflation framework used by central banks nowadays, Mester reiterated it should be analysed whether they are fit for the future in making monetary policy more effective.
2018-05-14T07:55:51"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street closed mixed on Friday 11 May 2018, as oil prices edged lower following two straight bullish sessions and as President Trump pledged to lower drug prices with initiatives that seek to increase competition, improve negotiation and create incentives to lower list prices of prescription drugs and out-of-pocket costs for consumers. Health care stocks edged higher on Friday and led gains. The Dow Jones increased 91 points or 0.4% to 24831. The S&P 500 inched up 5 points or 0.2% to 2728. In contrast, the Nasdaq stayed practically flat.2018-05-11T20:01:24"
US Consumer Sentiment Unchanged in May,Consumer Confidence,"US Consumer Sentiment Unchanged in MayUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was steady at 98.8 in May of 2018, the same as in April and slightly above market expectations of 98.5. Preliminary figures pointed to a small uptick in near term inflation, a fall in income expectations, and stabilization of the unemployment rate at decade lows.
2018-05-11T14:08:17.673"
Stocks in United States Hit 7-week High,Stock Market,Stocks in United States Hit 7-week HighUnited States Stock MarketDow Jones increased to a 7-week high of 248592018-05-11T14:00:52.25
US Import Prices Rise Less than Expected in April,Import Prices MoM,"US Import Prices Rise Less than Expected in AprilUnited States Import Prices MoMUS import prices rose 0.3 percent month-over-month in April 2018, missing market expectations of a 0.5 percent gain and following a downwardly revised 0.2 percent fall in March. Prices for imported fuel moved up 1.3 percent in April, after declining 2.4 percent in March, as an increase in cost of petroleum (1.3 percent) offset a drop in natural gas prices (-4.4 percent). Meanwhile, the price index for non-fuel imports rose 0.2 percent in April, following a 0.1 percent gain in March, due to higher prices for non-fuel industrial supplies and materials; consumer goods; and automotive vehicles. Year-on-year, import prices advanced 3.3 percent, the same pace as in the previous month.2018-05-11T12:33:03"
US Export Prices Rise More than Expected in April,Export Prices MoM,"US Export Prices Rise More than Expected in AprilUnited States Export Prices MoMPrices for US exports increased 0.6 percent month-over-month in April of 2018, following a 0.3 percent gain in March and above market consensus of a 0.3 percent rise. Non-agricultural export prices advanced 0.7 percent, the most since January, after being flat in March, driven by a 1.5 percent increase in cost of industrial supplies and raw materials. In contrast, agricultural prices fell 1.2 percent, the first monthly drop since December 2017, compared to a 3.2 percent gain in the prior month, amid lower export prices of soybeans, nuts, and wheat. Year-on-year, export prices jumped 3.8 percent in April, above 3.4 percent in the prior month and market forecasts of 3.6 percent.


2018-05-11T12:32:01"
US Stocks Close Higher on Thursday,Stock Market,"US Stocks Close Higher on ThursdayUnited States Stock MarketWall Street closed in the green on Thursday after monthly inflation for April came in below expectations at 0.2 percent, easing concerns of rising inflationary pressures and faster Fed tightening. In addition, energy shares extended the rally triggered by higher crude oil prices. The Dow Jones gained 197 points or 0.8% to 24740. The S&P 500 climbed 25 points or 0.9% to 2723. The Nasdaq jumped 65 points or 0.9% to 7405. 2018-05-10T20:00:34"
US Government Budget Surplus Highest on Record for April,Government Budget Value,"US Government Budget Surplus Highest on Record for AprilUnited States Government Budget ValueThe US government budget surplus increased to USD 214.25 billion in April of 2018 from USD 182.43 billion in the same month of the previous year. It is the biggest surplus ever for an April month. Figures came better than market expectations of a USD 193.8 billion surplus amid a rise in individual income tax receipts. Also, April 2018 had an additional day of collections. In addition, outlays for Military active duty and retirement, Veterans’ benefits, Supplemental Security Income, and Medicare payments and prescription drug plans accelerated into March, because April 1, 2018, the normal payment date, fell on a non-business day. 2018-05-10T18:15:55.25"
US Stocks Rise After Inflation Data,Stock Market,"US Stocks Rise After Inflation DataUnited States Stock MarketWall Street traded in the green on Thursday after monthly inflation for April came in below expectations at 0.2 percent, easing concerns of rising inflationary pressures and faster Fed tightening. The Dow Jones added 147 points or 0.6%, the S&P 500 went up 14 points or 0.5% and the Nasdaq traded 43 points or 0.6% higher around 11:00 AM NY time.2018-05-10T15:06:44.813"
Dollar Drops on US Inflation Data,Currency,"Dollar Drops on US Inflation DataUnited States CurrencyThe dollar index fell 0.5% to 92.59 around 9:30 AM New York time Thursday after latest US data showed a weaker-than-expected monthly inflation for April, suggesting the Fed won't need to step up the pace of interest rate hikes.2018-05-10T13:40:53.387"
US Inflation Rate Highest in 14 Months,Inflation Rate,"US Inflation Rate Highest in 14 MonthsUnited States Inflation RateAnnual inflation rate in the United States edged up to 2.5 percent in April of 2018 from 2.4 percent in March, matching market expectations. It is the highest rate since February of 2017. Core inflation was flat at 2.1 percent. On a monthly basis, consumer prices went up 0.2 percent, rebounding from a 0.1 percent drop in March but below forecasts of 0.3 percent. 
2018-05-10T12:33:19"
US Initial Jobless Claims Flat at Near 48-Year Low,Initial Jobless Claims,"US Initial Jobless Claims Flat at Near 48-Year LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits stood at 211 thousand in the week ending May 5, keeping initial claims near more than a 48-year low and missing market expectations of 218 thousand. According to unadjusted data, the main decreases in initial claims were reported for Wisconsin (-1,795), Connecticut (-769), Arkansas (-458) and New Hampshire (-432) while the biggest increases were seen in Ohio (+1,744), Texas (+1,726) and Pennsylvania (+1,649). Claims taking procedures in Puerto Rico (-130) and in the Virgin Islands (-9) have still not returned to normal. 2018-05-10T12:31:48"
US Stocks Climb on Wednesday,Stock Market,US Stocks Climb on WednesdayUnited States Stock MarketWall Street traded in the green on Wednesday amid a rally in oil prices and energy shares after President Trump decided to withdraw the US from the Iran nuclear deal. The Dow Jones gained 183 points or 0.8% to 24543. The S&P 500 climbed 26 points or 1.0% to 2698. The Nasdaq jumped 73 points or 1.0% to 7340. 2018-05-09T20:03:18.59
US Stocks Rise on Oil Rally,Stock Market,"US Stocks Rise on Oil Rally United States Stock MarketWall Street traded in the green on Wednesday amid a rally in oil prices after President Trump decided to withdraw the US from the Iran nuclear deal. The Dow Jones was up 171 points or 0.7%, the S&P 500 rose 20 points or 0.8% and the Nasdaq gained 52 points or 0.7% around 1:00 PM NY time.
2018-05-09T17:06:54.333"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 2.197 million barrels in the week ended May 4th 2018, after a 6.218 million rise in the previous period and compared with market expectations of a 0.719 million decrease. Meanwhile, gasoline inventories fell by 2.174 million barrels after rising by 1.171 million in the previous week, while markets were expecting 0.45 million drop.2018-05-09T14:36:24"
US Wholesale Inventories Revised Down,Wholesale Inventories,"US Wholesale Inventories Revised DownUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.3 percent month-over-month to USD 627.4 billion in March of 2018, slowing from a downwardly revised 0.9 percent gain in February and lower than a preliminary reading of 0.5 percent. Stocks of nondurables declined 0.4 percent after a 0.7 percent rise in February, mainly due to drugs (-2.2 percent compared to -0.2 percent) and groceries (-1 percent compared to 0.8 percent). Also, stocks of durable goods rose less (0.8 percent compared to 1.1 percent), mainly due to machinery (0.6 percent compared to 1.3 percent); autos (-0.2 percent compared to -0.4 percent); professional equipment (-0.7 percent compared to 1.8 percent); and computer equipment (-1.5 percent compared to 3 percent). Year-on-year, wholesale stocks went up 5.5 percent. 2018-05-09T14:11:14.237"
US Producer Prices Rise Less than Expected in April,Producer Price Inflation MoM,"US Producer Prices Rise Less than Expected in AprilUnited States Producer Price Inflation MoMProducer prices for final demand in the US advanced 0.1 percent month-over-month in April 2018, following a 0.3 percent increase in March and missing market expectations of a 0.2 percent gain. Prices of goods were unchanged (vs 0.3 percent in March), due to a sharp drop in food prices (-1.1 percent vs 2.2 percent). Meanwhile, prices of services edged up 0.1 percent (vs 0.3 percent in March), as inflation was steady for both trade (at 0.2 percent) and transportation & warehousing services (at 0.6 percent), while the index excluding those two components declined 0.1 percent (vs 0.3 percent in March). The core index, which excludes food and energy, advanced 0.2 percent, in line with market consensus. On a yearly basis, producer prices increased 2.6 percent and the core index rose 2.3 percent.2018-05-09T12:32:58"
US Mortgage Applications Fall for 3rd Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 3rd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States edged down 0.4 percent in the week ended May 4th 2018, after declining 2.5 percent in the previous period, data from the Mortgage Bankers Association showed. Refinance applications declined 0.6 percent and applications to purchase a home fell 0.2 percent. The average fixed 30-year mortgage rate went down by 2bps to 4.78 percent.2018-05-09T11:02:36.227"
US Economic Optimism Index Recovers in May,Economic Optimism Index,"US Economic Optimism Index Recovers in MayUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States rose 1.9 percent to 53.6 in May of 2018, beating market forecasts of 51.3. The Six-Month Outlook which is a forward-looking gauge that looks at how consumers feel about the economy's prospects over the next half year went up 3.2 percent to 51.3. Meanwhile, the personal financial outlook sub-index edged up 0.5 percent to 61 and the gauge measuring confidence in federal economic policies increased 2.3 percent to 48.5.2018-05-08T14:21:05.593"
US Job Openings Hit Record High in March,Job Offers,"US Job Openings Hit Record High in MarchUnited States Job OffersThe number of job openings in the United States rose to an all-time high of 6.550 million in March 2018 from an upwardly revised 6.078 million in the previous month and well above market expectations of 6.101 million. Job openings increased in a number of industries, with the largest gains in professional and business services (+112,000), construction (+68,000), and transportation, warehousing, and utilities (+37,000). There were more open positions in the Northeast and Midwest regions.2018-05-08T14:04:23"
Dollar at 2018-High,Currency,"Dollar at 2018-HighUnited States CurrencyThe dollar index against a basket of six major currencies strengthened to a 2018-high on Tuesday after Fed Chair Powell said markets should not be surprised by Fed's policy tightening if the economy evolves in line with expectations. The DXY was up 0.5% to 93.21 around 8:40 AM NY time, the highest since December 26th.2018-05-08T13:45:16"
US Nfib Business Optimism Below Forecasts,NFIB Business Optimism Index,"US Nfib Business Optimism Below ForecastsUnited States NFIB Business Optimism IndexThe NFIB's Index of Small Business Optimism in the US edged up to 104.8 in April of 2018 from 104.7 in March, below market expectations of 105.2. Profits were the highest on record and the number of small businesses reporting poor sales fell to a near record low. Also, the improvement was seen in plans to make capital expenditure (+3), inventory satisfaction (+2), sales expectations (+1) and actual earnings trend (+3). On the other hand, inventory plans, job openings and easier credit conditions were seen steady while the situation deteriorated in plans to increase jobs (-4), good time to expand (-1) and better business conditions expected (-2). 2018-05-08T10:13:42"
US Stocks End Higher,Stock Market,"US Stocks End HigherUnited States Stock MarketUS stocks closed higher on Monday, but gave back most of their gains as an early rally in energy stocks faded after President Trump said he will be announcing his decision on whether to withdraw from the Iran nuclear deal on Tuesday. The Dow Jones rose 95 points, or 0.4%, to 24,357; the S&P 500 gained 9 points, or 0.4%, to 2,673; and the Nasdaq advanced 56 points, or 0.8%, to 7,265. 2018-05-07T20:20:32"
US Consumer Credit Growth Slowest in 6 Months,Consumer Credit,"US Consumer Credit Growth Slowest in 6 MonthsUnited States Consumer CreditConsumer credit in the United States went up by USD 11.62 billion in March of 2018, following an upwardly revised USD 13.64 billion gain in the previous month and missing market expectations of a USD 15 billion rise. It was the smallest monthly gain in consumer credit since September, as revolving credit including credit card borrowing fell by USD 2.60 billion, the most in five years, compared with a USD 0.52 billion decrease in February. In contrast, nonrevolving credit including borrowing for student and auto loans increased by USD 14.23 billion, after rising by USD 14.15 billion in the prior month.2018-05-07T19:03:04"
US Shares Rally,Stock Market,"US Shares RallyUnited States Stock MarketUS stocks markets traded in the green on Monday, following Friday's strong rally and buoyed by an increase in oil prices after crude rose above $70 a barrel for the first time since 2014. The Dow Jones climbed 136 points, or 0.6%, to 24,399; the S&P 500 advanced 16 points, or 0.6%, to 2,679; and the Nasdaq gained 58 points, or 0.8%, to 7,267 around 15 minutes after the opening bell.2018-05-07T13:45:01.97"
US Stocks End Sharply Higher on Tech Rally,Stock Market,"US Stocks End Sharply Higher on Tech RallyUnited States Stock MarketUS stocks closed sharply higher Friday buoyed by a rally in tech firms, after Apple shares hit an all-time high following news that Warren Buffett had purchased 75 million shares of the company during the first quarter. The Dow Jones rose 332 points, or 1.4%, to 24,263; the S&P 500 climbed 34 points, or 1.3%, to 2,663; and the Nasdaq jumped 121 points, or 1.7%, to 7,210. For the week, the Dow was down 0.2%, the S&P was 0.3% lower and the Nasdaq was up by 1.2%.2018-05-04T20:17:29"
US Stocks Surge Led by Apple,stock market,"US Stocks Surge Led by AppleUnited States stock marketWall Street rose sharply during late-morning Friday as investors shrug off lower-than-expected jobs data for April and US-China trade concerns after Warren Buffett said that he purchased 75 million shares of Apple in the first quarter of 2018. The Dow Jones rose 228 points or 1%, the S&P 500 jumped 19 points or 0.7% and the Nasdaq surged 90 points or 1.3% around 11:20 AM NY time. Meanwhile, Apple shares hit a record high and rallied 3.4%.2018-05-04T15:22:16"
Dollar Gains After US Jobs Report,Currency,Dollar Gains After US Jobs ReportUnited States CurrencyThe dollar index rose 0.5% to 92.85 in early New York trading on Friday as April's weaker-than expected wage growth in the US was not enough to derail fears of more aggressive tightening from the Fed.2018-05-04T13:30:02.203
US Economy Adds 164K Jobs in April,Non Farm Payrolls,"US Economy Adds 164K Jobs in AprilUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 164 thousand in April of 2018, following an upwardly revised 135 thousand in March and well below market expectations of 192 thousand. Job gains occurred in professional and business services, manufacturing, health care, and mining. 2018-05-04T12:32:23.403"
US Wages Rise Less than Expected,Average Hourly Earnings,"US Wages Rise Less than ExpectedUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 4 cents to USD 26.84, or 0.1 percent, in April 2018, following a downwardly revised 0.2 percent gain in March and below market expectations of a 0.2 percent rise. Over the year, average hourly earnings have increased by 67 cents, or 2.6 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 5 cents to USD 22.51 in April.

2018-05-04T12:32:14"
US Jobless Rate Drops to Near 17-1/2-Year Low,Unemployment Rate,"US Jobless Rate Drops to Near 17-1/2-Year LowUnited States Unemployment RateThe US unemployment rate fell to 3.9 percent in April 2018 from 4.1 percent in the previous month, and below market expectations of 4 percent. It was the lowest rate since December 2000, as 236 thousand people exited the labor force. The number of unemployed decreased by 239 thousand to 6.35 million and employment was almost unchanged at 155.18 million.2018-05-04T12:31:14"
US Factory Orders Beat Expectations,Factory Orders,"US Factory Orders Beat ExpectationsUnited States Factory OrdersNew orders for US manufactured goods rose 1.6 percent month-over-month in March 2018, the same pace as in February and beating market expectations of 1.4 percent. New orders for durable goods increased 2.6 percent, boosted by: transport equipment (7.6 percent), mainly non-defense aircraft and parts (44.5 percent); primary metals (2.1 percent); computers and electronic products (1 percent); electrical equipment, appliances, and components (0.6 percent); and fabricated metal products (0.3 percent); while those for machinery fell 1.9 percent. Meanwhile, orders for non-durable goods advanced 0.5 percent.2018-05-03T14:07:52"
US ISM Non Manufacturing PMI Disappoints,Non Manufacturing PMI,"US ISM Non Manufacturing PMI DisappointsUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 56.8 in April of 2018 from 58.8 in March, well below market expectations of 58.1. The reading pointed to the lowest expansion in the non-manufacturing sector in four months amid a slowdown in production and employment and uncertainty about tariffs and the effect on the cost of goods. However, firms remain positive about business conditions and the economy.2018-05-03T14:06:56"
US April Composite PMI Revised Higher: Markit,Composite Pmi,"US April Composite PMI Revised Higher: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI stood at 54.9 in April 2018, slightly above a preliminary estimate of 54.8 and compared with the previous month's final reading of 54.2. The latest expansion in the private sector was driven by accelerated growth at both manufacturing (PMI at 43-month high of 56.5 vs 55.6 in March) and service sector firms (PMI at 54.6 vs 54 in March).2018-05-03T13:55:40"
US Services Growth Stronger than Initially Thought: Markit,Services PMI,"US Services Growth Stronger than Initially Thought: MarkitUnited States Services PMIThe IHS Markit US Services PMI came in at 54.6 in April 2018, above the preliminary estimate of 54.4 and compared to March's final 54. New business rose the most since March 2015 and the rate of job creation was unchanged since March, which was one of the fastest in the last three years. Backlogs of work also rose moderately as the pace of new order growth outstripped that seen for output. Moreover, outstanding business increased at the quickest rate since March 2015. On the price front, input cost inflation was the second-strongest since June 2015. Finally, business optimism towards the coming year reached the highest in almost three years.2018-05-03T13:51:35"
US Stocks Extend Losses,Stock Market,US Stocks Extend LossesUnited States Stock MarketWall Street opened lower on Thursday as investors remained cautious after Fed signaled a higher inflation outlook and trade talks between China and the US kick off. The Dow Jones was down 149 points or 0.6%; the S&P 500 fell 13 points or 0.5%; the Nasdaq went down 24 points or 0.4% around 20 minutes after the opening bell.2018-05-03T13:36:09
US Imports Fall from Record High,Imports,"US Imports Fall from Record HighUnited States ImportsImports to the US declined 1.8 percent month-over-month to USD 257.48 billion in March of 2018, reversing from a 1.7 percent rise in February. Imports of goods decreased USD 3.7 billion to USD 210.4 billion, mainly due to computer accessories (USD -0.5 billion); telecommunications equipment (USD -0.5 billion); semiconductors (USD -0.5 billion); toys, games, and sporting goods (USD -0.7 billion); televisions and video equipment (USD -0.7 billion); and crude oil (USD -0.5 billion). Imports of services decreased USD 0.9 billion to USD 47.1 billion in March. Purchases went down mainly for charges for the use of intellectual property (USD -0.9 billion). Charges for February included payments for the rights to broadcast the 2018 Winter Olympic Games; and transport (USD -0.1 billion). 2018-05-03T12:52:55"
US Exports Reach Record High,Exports,"US Exports Reach Record HighUnited States ExportsExports from the US jumped 2 percent month-over-month to a record high value of USD 208.53 billion in March of 2018, following a 1.7 percent gain in February. Exports of goods increased USD 3.7 billion to USD 140.9 billion, boosted by shipments of civilian aircraft (USD 1.9 billion); soybeans (USD 0.5 billion); corn (USD 0.3 billion); crude oil (USD 0.4 billion); and other petroleum products (USD 0.3 billion). Exports of services rose USD 0.4 billion to USD 67.6 billion boosted by sales of maintenance and repair services (USD 0.1 billion); travel (USD 0.1 billion); and transport (USD 0.1 billion).2018-05-03T12:45:13"
US Q1 Labor Productivity Growth Below Forecasts,Productivity,"US Q1 Labor Productivity Growth Below ForecastsUnited States ProductivityLabor productivity in the US non-farm business sector rose an annualized 0.7 percent in the first quarter of 2018, following an upwardly revised 0.3 percent increase in the previous three-month period and missing market expectations of 0.9 percent. Output increased 2.8 percent and hours worked increased 2.1 percent. Year-on-year, productivity increased 1.3 percent, reflecting a 3.6 percent increase in output and a 2.2 percent increase in hours worked.2018-05-03T12:35:46"
US Trade Gap Lower than Expected,Balance of Trade,"US Trade Gap Lower than ExpectedUnited States Balance of TradeThe US trade deficit narrowed to USD 49 billion in March of 2018 from a slightly upwardly revised USD 57.7 billion in the previous month which was the highest since October 2008. Figures came better than market expectations of a USD 50 billion gap as exports reached a record high boosted by sales of commercial aircraft and soybeans. Also, imports fell as payments for the rights to broadcast the 2018 Winter Olympic Games faded.2018-05-03T12:35:02"
US Unit Labor Costs Rise Less than Expected in Q1,Labour Costs,"US Unit Labor Costs Rise Less than Expected in Q1United States Labour CostsUnit labor costs in the US non-farm business sector rose an annualized 2.7 percent in the first quarter of 2018, following a downwardly revised 2.1 percent increase in the previous three-month period and missing market expectations of 2.9 percent. Hourly compensation advanced 3.4 percent and productivity rose at a softer 0.7 percent. Year-on-year, unit labor costs increased 1.1 percent.2018-05-03T12:33:19"
US Initial Jobless Claims Rise Less than Expected,Initial Jobless Claims,"US Initial Jobless Claims Rise Less than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits rose by 2 thousand to 211 thousand in the week ending April 28, from the previous week's unrevised level of 209 thousand and missing market expectations of 225 thousand. According to unadjusted data, the main increases in initial claims were reported for Wisconsin (+514), Arkansas (+364), Alaska (+340) and New Hampshire (+318) while the biggest declines were seen in Massachusetts (-3,973), Rhode Island (-1,974) and Arizona (-1,810). Claims taking procedures in Puerto Rico (-75) and in the Virgin Islands (-15) have still not returned to normal. 

2018-05-03T12:31:24"
US Challenger Job Cuts Fall 40.2% in April,Challenger Job Cuts,"US Challenger Job Cuts Fall 40.2% in AprilUnited States Challenger Job CutsJob cuts announced by US-based employers fell 40.2 percent to 36,081 in April 2018, the second lowest monthly total for the year, from March's 23-month high of 60,357. Retail led all sectors in job cuts (7,844), followed by health care/products companies (4,949); and electronics firms (2,793). So far this year, employers have announced 176,460 job cuts, 8.4 percent more than the 162,803 announced through the first four months of 2017.2018-05-03T11:34:12"
US Stocks Fall After Fed,Stock Market,"US Stocks Fall After FedUnited States Stock MarketWall Street closed in the red on Wednesday after the Fed left rates unchanged as expected but said both inflation and core inflation have moved close to 2%, suggesting higher inflation ahead. The Dow Jones lost 174 points or 0.7% to 23925; the S&P 500 fell 19 points or 0.7% to 2636; and the Nasdaq closed 30 points or 0.4% lower at 7101. 2018-05-02T20:54:00.107"
Fed Leaves Rates on Hold,Interest Rate,"Fed Leaves Rates on Hold United States Interest RateThe Federal Reserve left its target range for the federal funds rate steady at 1.5-1.75 percent during its May 2018 meeting, in line with market expectations. Policymakers said the labor market has continued to strengthen, economic activity has been rising at a moderate rate and both inflation and core inflation have moved close to 2%, suggesting a June rate hike is on the table. 2018-05-02T18:00:50"
US Crude Oil Inventories Rise the Most in 3 Months,Crude Oil Stocks Change,"US Crude Oil Inventories Rise the Most in 3 MonthsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States jumped by 6.218 million barrels in the week ended April 27th 2018, after a 2.17 million rise in the previous period and compared with market expectations of a 0.739 million increase. It is the biggest rise in crude oil stocks in 13 weeks. Meanwhile, gasoline inventories increased by 1.171 million barrels after rising by 0.84 million in the previous week, while markets were expecting 0.587 million drop.
2018-05-02T14:33:18.44"
ISM New York Highest in 3 Months,Ism New York Index,"ISM New York Highest in 3 MonthsUnited States Ism New York IndexThe ISM New York Current Business Conditions in the United States jumped to 64.3 in April of 2018 from 54 in March, reaching the highest reading in three months. Faster increases were seen for employment (58.3 from 53.5) and both current (55.6 from 50) and expected (76.3 from 68.2) revenues. Also, prices paid (65.8 from 66.7) eased while a smaller rise was recorded in quantity of purchases (50 from 54.2). The Six-Month Outlook fell to 58.4 from 65.6.2018-05-02T14:07:32.197"
US Private Sector Employment Rises More than Expected,ADP Employment Change,"US Private Sector Employment Rises More than ExpectedUnited States ADP Employment ChangePrivate businesses in the United States hired 204 thousand workers in April of 2018, compared with a downwardly revised 228 thousand in March and slightly higher than market expectations of 200 thousand. The service-providing sector added 160 thousand jobs, boosted by professional and business (58 thousand); education and health (39 thousand); leisure and hospitality (36 thousand); trade, transportation and utilities sector (14 thousand); other services (8 thousand); and financial activities (7 thousand) while information lost 2 thousand jobs. The goods-producing sector added 44 thousand jobs supported by construction (27 thousand), manufacturing (10 thousand) and natural resources and mining (7 thousand). Midsized companies were the ones hiring the most workers (88 thousand), followed by small (62 thousand) and large (54 thousand).2018-05-02T12:22:43.99"
US Mortgage Applications Slump 2.5%: MBA,Mortgage Applications,"US Mortgage Applications Slump 2.5%: MBAUnited States Mortgage ApplicationsMortgage applications in the United States decreased 2.5 percent in the week ended April 27th 2018, after edging down 0.2 percent in the previous period, data from the Mortgage Bankers Association showed. Refinance applications declined 3.5 percent and applications to purchase a home fell 1.6 percent. The average fixed 30-year mortgage rate rose by 7bps to 4.8 percent, a new high since September 2013.2018-05-02T11:03:22.103"
Apple earnings at 2.73 USD,Earnings,Apple earnings at 2.73 USDUnited States EarningsApple (AAPL) released earnings per share at 2.73 USD.2018-05-01T20:47:05.56
US Stocks Close Mixed,Stock Market,US Stocks Close MixedUnited States Stock MarketWall Street closed mixed on Tuesday 1 May 2018 ahead of Apple's latest quarterly report while investors await the Federal Reserve's policy decision on Wednesday and US employment data on Friday. The Dow Jones lost 64 points or 0.3% to 24099. The S&P 500 edged up 7 points or 0.3% to 2655. The Nasdaq increased 64 points or 0.9% to 7131. 2018-05-01T20:28:56
Dollar Extends Gains to New 4-Month High,Currency,"Dollar Extends Gains to New 4-Month HighUnited States CurrencyThe dollar index rose further by 0.6% to 92.44 around 11:30 AM New York time Tuesday, its highest level since January 9th, as investors await the Fed's policy decision on Wednesday and the US jobs report due later in the week for hints of a rate hike in June. The pound fell as much as 1.3% to $1.359; the euro sank 0.7% to $1.199; and the Japanese yen dropped 0.4% to ¥109.73 against the dollar.2018-05-01T15:53:43.873"
US Construction Spending Unexpectedly Falls in March,Construction Spending,"US Construction Spending Unexpectedly Falls in MarchUnited States Construction SpendingConstruction spending in the US dropped 1.7 percent month-over-month to USD 1.28 trillion in March of 2018, following an upwardly revised 1 percent increase in the previous month and missing market expectations of a 0.5 percent gain. Spending on private construction dropped 2.1 percent to USD 987.5 billion, the largest fall since January 2011 and following an upwardly revised 1.2 percent increase in February. Outlays on private residential projects plunged 3.5 percent, the biggest drop since April 2009, and spending on nonresidential structures slipped 0.4 percent. Investment in public construction projects was unchanged in March after edging up 0.1 percent in February.2018-05-01T14:14:35"
Stocks in United States Drop,stock market,Stocks in United States DropUnited States stock marketDow Jones decreased by 1% to 239192018-05-01T14:07:44.56
US Manufacturing Growth Eases to 9-Month Low: ISM,Business Confidence,"US Manufacturing Growth Eases to 9-Month Low: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US fell to 57.3 in April 2018 from the previous month's 59.3, and missing market expectations of 58.3. The reading pointed to the weakest pace of expansion in the manufacturing sector since last July, as new orders, production and employment rose at softer rates.2018-05-01T14:02:37"
US Manufacturing Growth at 3-1/2-Year High: Markit,Manufacturing PMI,"US Manufacturing Growth at 3-1/2-Year High: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI stood at 56.5 in April 2018, unchanged from the preliminary estimate and above March's final 55.6. The reading pointed to the strongest pace of expansion in the manufacturing sector since September 2014, supported by quicker rates of output and new order growth and a greater deterioration in vendor performance.2018-05-01T13:48:32"
US Stocks Fall,Stock Market,"US Stocks FallUnited States Stock MarketUS stock markets traded in the red Tuesday ahead of Apple's latest quarterly figures later in the day while investors await the Federal Reserve's policy decision on Wednesday and US employment data on Friday. The Dow Jones fell 141 points, or 0.6%, to 24,022; the S&P 500 declined 6 points, or 0.2%, to 2,642; and the Nasdaq dropped 9 points, or 0.1%, to 7,057 around 10 minutes after the opening bell.2018-05-01T13:41:05.23"
Dollar Hits 4-Month High Ahead of Fed Decision,Currency,"Dollar Hits 4-Month High Ahead of Fed DecisionUnited States CurrencyThe dollar index against a basket of six major currencies rose to 92.11 Tuesday morning, its highest level since January 10th, as investors await the Federal Reserve's policy decision and US employment data due later in the week for hints of a rate hike in June.2018-05-01T08:29:14"
US Stocks Dip on Monday,Stock Market,US Stocks Dip on MondayUnited States Stock MarketUS stocks declined moderately on Monday 30 April 2018 despite news that T-Mobile and Sprint are joining forces; Marathon Petroleum buying oil refiner Andeavor; and better-than expected earnings reports from McDonald's and Allergan lifted sentiment. The Dow Jones declined 147 points or 0.6% to 24164. The S&P 500 dropped 22 points or 0.8% to 2648. The Nasdaq lost 53 points or 0.8% to 7066.2018-04-30T20:02:28
Dallas Fed Manufacturing Index Lower than Expected,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Lower than ExpectedUnited States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 21.8 in April of 2018 from an upwardly revised 22.8 in March and well below market expectations of 25. It is the lowest reading in five months amid a slowdown in inventories (1.7 from 1.8). Also, prices paid for raw materials increased more (46.3 from 43) and prices received for finished goods (17 from 19.2 in March) eased. On the other hand, faster growth was seen in production (25.3 from 14.4); new orders (27.9 from 10.3); shipments (19.3 from 10.3); employment (17.8 from 11.7); hours worked (14.3 from 10.2); wages and benefits (29.3 from 24.1); and capacity utilization (18.7 from 11.1). The index of future general business activity edged up to 31.9 from 31.6. 2018-04-30T14:47:36.103"
Chicago Business Barometer Below Forecasts,Chicago Pmi,"Chicago Business Barometer Below ForecastsUnited States Chicago PmiThe MNI Chicago Business Barometer edged up to 57.6 in April of 2018 from 57.4 in the previous month. It compares with market expectations of 58. Business activity continued to rise at a solid pace in April, with growth in firms’ operations up for the first time this year, albeit marginally. Three of the five Barometer components fell on the month, with only Production and Supplier Deliveries finding room to grow.2018-04-30T14:16:17.31"
US Pending Home Sales Fall 3% YoY in March,Pending Home Sales,"US Pending Home Sales Fall 3% YoY in MarchUnited States Pending Home SalesContracts to buy previously owned homes in the United States shrank 3 percent year-on-year in March of 2018, following an upwardly revised 4.4 percent drop in February which was the biggest decline since June of 2014. In March, sales went down in the Northeast (-8.1 percent), the Midwest (-6 percent) and the West (-2.2 percent) but rose in the South (0.3 percent). Compared to the previous month, pending home sales increased 0.4 percent, following a downwardly revised 2.8 percent rise in February and well below market expectations of a 1 percent gain. 
2018-04-30T14:10:28"
US Stocks Rally,Stock Market,"US Stocks RallyUnited States Stock MarketUS stocks climbed Monday following news that T-Mobile and Sprint are joining forces, and that Marathon Petroleum is buying oil refiner Andeavor. Also, better-than expected earnings reports from McDonald's and Allergan lifted sentiment. The Dow Jones rose 0.7% to 24,477; the S&P 500 gained 0.5% to 2,682; and Nasdaq added 0.7% to 7,167 around 10 AM New York time.2018-04-30T14:07:27.79"
US Personal Spending Matches Forecasts,Personal Spending,"US Personal Spending Matches ForecastsUnited States Personal SpendingPersonal spending in the United States increased 0.4 percent month-over-month in March of 2018 after being flat in the previous month. It matched market expectations amid a recovery in consumption of durable goods. When adjusted for inflation, consumer spending also increased 0.4 percent. 2018-04-30T12:43:21"
US PCE Price Index Unchanged in March,PCE Price Index Monthly Change,"US PCE Price Index Unchanged in MarchUnited States PCE Price Index Monthly ChangeThe personal consumption expenditures (PCE) price index in the United States was unchanged in March 2018, easing from a 0.2 percent increase in February and missing market expectations of a 0.1 percent gain. Cost of goods dropped 0.5 percent, after a 0.1 percent decline in the previous month, as prices fell for both durable (-0.3 percent, the same as in February) and non-durable goods (-0.5 percent vs unchanged in February). Meanwhile, services price inflation was steady at 0.3 percent. Excluding food and energy, PCE prices went up 0.2 percent, the same pace as in February and in line with market consensus. On the year, the PCE price index went up 2 percent, the biggest gain since February 2017; and the core index rose 1.9 percent, surging to near the Federal Reserve's 2 percent target.2018-04-30T12:38:43"
US Personal Income Rises Less than Expected,Personal Income,"US Personal Income Rises Less than ExpectedUnited States Personal IncomePersonal income in the United States rose by 0.3 percent month-over-month in March 2018, the same pace as in February and slightly below market expectations of 0.4 percent. The increase in personal income primarily reflected rises in wages and salaries (0.2 percent vs 0.4 percent in February), social security benefits (0.2 percent, the same as in February), and dividend income (0.9 percent vs 1 percent).2018-04-30T12:33:05"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street closed mixed on Friday 27 April 2018, after data showed that the US economy expanded 2.3 percent on quarter in Q1, below 2.9 percent in the previous period but beating market expectations of 2.0 percent. The Dow Jones edged down 13 points or 0.1% to 24310. In contrast, the S&P 500 inched up 3 points or 0.1% to 2670, while the Nasdaq stayed practically unchanged. 2018-04-27T20:02:11.987"
US Consumer Sentiment Revised Higher in April,Consumer Confidence,US Consumer Sentiment Revised Higher in AprilUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised higher to 98.8 in April of 2018 from 97.8 in the preliminary estimate as expectations fell less than initially estimated. It compares with 101.4 in March which was the highest reading since January 2004. The final April figure was close to the 2018 average of 98.9 which was higher than any other yearly average since 107.6 in 2000.2018-04-27T14:17:42.457
US GDP Growth Beats Forecasts in Q1,GDP Growth Rate,"US GDP Growth Beats Forecasts in Q1United States GDP Growth RateThe US economy expanded an annualized 2.3 percent on quarter in the first quarter of 2018, below 2.9 percent in the previous period but beating market expectations of 2 percent. Still, it s the lowest growth rate in a year, the advance estimate showed. The increase in real GDP reflected positive contributions from nonresidential fixed investment, personal consumption expenditures (PCE), exports, private inventory investment, federal government spending, and state and local government spending.2018-04-27T12:36:55.267"
US Employment Costs Rise 0.8% in Q1,Employment Cost Index,"US Employment Costs Rise 0.8% in Q1United States Employment Cost IndexCompensation costs for civilian workers increased 0.8 percent in the first quarter of 2018, following a 0.6 percent rise in the previous period and beating market expectations of 0.7 percent. Wages and salaries, which make up about 70 percent of compensation costs, went up 0.9 percent (vs 0.5 percent in Q4) and benefits, which make up the remaining 30 percent of compensation, rose 0.7 percent (vs 0.5 percent in Q4). Year-on-year, compensation costs for civilian workers increased 2.7 percent.2018-04-27T12:35:13.967"
Exxon Mobil earnings at 1.09 USD,Earnings,Exxon Mobil earnings at 1.09 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 1.09 USD.2018-04-27T12:10:06.517
Dollar Index Hits 15-week High,currency,Dollar Index Hits 15-week HighUnited States currencyUS Dollar increased to a 15-week high of 91.642018-04-27T06:25:32.507
Microsoft earnings at 0.95 USD,Earnings,Microsoft earnings at 0.95 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 0.95 USD.2018-04-26T20:13:31.69
Amazon earnings at 3.27 USD,Earnings,Amazon earnings at 3.27 USDUnited States EarningsAmazon (AMZN) released earnings per share at 3.27 USD.2018-04-26T20:13:23.25
Wall Street Rebounds on Thursday,Stock Market,"Wall Street Rebounds on ThursdayUnited States Stock MarketWall Street rebounded sharply on Thursday 26 April 2018 after better-than-expected results for companies including Facebook, Advanced Micro Devices and Chipotle lifted investors' mood and the US 10-year Treasury yield fell. The Dow was up 238 points or 1.0% to 24322. The S&P 500 gained 28 points or 1.0% to 2667. The Nasdaq surged 115 points or 1.6% to 7119. 2018-04-26T20:09:47"
Dollar Index Hits 14-week High,currency,Dollar Index Hits 14-week HighUnited States currencyUS Dollar increased to a 14-week high of 91.632018-04-26T19:18:06.077
Stocks in United States On The Rise,stock market,Stocks in United States On The RiseUnited States stock marketDow Jones increased by 1% to 243232018-04-26T14:56:20.823
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street recovered on Thursday after better-than-expected results for companies including Facebook, Advanced Micro Devices and Chipotle lifted investors' mood and the US 10-year Treasury yield fell. The Dow was up 128 points or 0.5%, the S&P 500 rose 15 points or 0.6% and the Nasdaq jumped 73 points or 1% around 30 minutes after the opening bell.2018-04-26T14:06:25.317"
US Wholesale Inventories Rise Less than Forecasts,Wholesale Inventories,"US Wholesale Inventories Rise Less than ForecastsUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.5 percent month-over-month to USD 628.8 billion in March of 2018, following a 1 percent gain in February and slightly below market expectations of 0.6 percent, preliminary estimates showed. Stocks of nondurables declined 0.1 percent after a 0.8 percent rise and those of durables rose at a slower 0.8 percent after 1.1 percent in February. Year-on-year, wholesale stocks went up 5.8 percent. 2018-04-26T12:45:14.86"
US Durable Goods Orders Rise More than Expected,Durable Goods Orders,"US Durable Goods Orders Rise More than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods rose 2.6 percent month-over-month in March 2018, following an upwardly revised 3.5 percent surge in February and easily beating market expectations of a 0.5 percent gain. This increase was mainly driven by higher demand for transportation equipment (7.6 percent). However, orders for non-defense capital goods excluding aircraft, a proxy for business spending plans, edged down 0.1 percent, the third decline in four months.2018-04-26T12:34:13"
US Initial Jobless Claims Lowest Since 1969,Initial Jobless Claims,"US Initial Jobless Claims Lowest Since 1969United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 24 thousand to 209 thousand in the week ended April 21st from the previous week's upwardly revised 233 thousand. This is the lowest level for initial claims since December 6, 1969 when it was 202 thousand. Figures came well below market expectations of 230 thousand. However, the Easter holiday, school spring break and the return of educational service workers is likely to have influenced the general figure. The 4-week moving average which removes week-to-week volatility went down by 2,250 to 229,250.
2018-04-26T12:32:46"
Dollar Rises Further,currency,"Dollar Rises FurtherUnited States currencyThe dollar index against a basket of six major currencies strengthened for the second day on Thursday, reaching a new high since mid-January, prompted by rising US yields. The DXY edged up 0.1% to 91.21 around 9:45 AM London time, the highest since January 11th.
2018-04-26T07:50:02"
Dollar Index Hits 14-week High,currency,Dollar Index Hits 14-week HighUnited States currencyUS Dollar increased to a 14-week high of 91.252018-04-25T20:39:14.263
Facebook earnings at 1.69 USD,Earnings,Facebook earnings at 1.69 USDUnited States EarningsFacebook (FB) released earnings per share at 1.69 USD.2018-04-25T20:17:44.337
US Crude Oil Stocks Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly RiseUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 2.170 million barrels in the week ended April 20th 2018, after a 1.071 million drop in the previous period and compared with market expectations of a 2.043 million decrease. Meanwhile, gasoline inventories increased by 0.84 million barrels after declining by 2.968 million in the previous week, while markets were expecting 0.625 million drop.2018-04-25T14:34:07.893"
US Stocks Continue to Fall,Stock Market,"US Stocks Continue to FallUnited States Stock MarketWall Street opened in the red on Wednesday, extending losses from the previous session as the Treasury yields continue to rise and investors worry that higher interest rates hurt companies' borrowing. The Dow Jones fell 151 points or 0.6%, the S&P 500 dropped 17 points or 0.6% and the Nasdaq traded 43 points or 0.6% lower around 13 minutes after the opening bell.2018-04-25T13:49:32.727"
US 10-Year Bond Yield Continues to Rise,Government Bond 10Y,"US 10-Year Bond Yield Continues to RiseUnited States Government Bond 10YThe yield on the US 10-year Treasury note rose for the 6th straight session to 3.016 on Wednesday April 25th 2018. Inflation concerns due to higher commodity prices, strong economic outlook and rising interest rates have prompted selling in Treasuries. On Tuesday, the 10-year yield rose as high as 3.001%, topping 3% for the first time since January of 2014. 2018-04-25T11:32:53"
US Mortgage Applications Fall 0.2% in Latest Week,Mortgage Applications,"US Mortgage Applications Fall 0.2% in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States decreased 0.2 percent in the week ended April 20th 2018, following a 4.9 percent rise in the previous period, data from the Mortgage Bankers Association showed. Refinance applications declined 0.3 percent and applications to purchase a home were unchanged. The average fixed 30-year mortgage rate rose to 4.73 percent from 4.66 percent, reaching the highest since September 2013.2018-04-25T11:09:00"
Dollar at 3-1/2-Month High,currency,"Dollar at 3-1/2-Month HighUnited States currencyThe dollar index strengthened to trade at the highest since mid-January on Wednesday after the US 10-year Treasury yield hit 3% for the first time since 2014 in the previous session amid expectations of higher inflation and interest rates. The DXY was up 0.3% to 91.06 around 8:30 AM London time, the highest since January 11th.2018-04-25T07:21:19"
US Stocks Plunge on Tuesday,Stock Market,"US Stocks Plunge on TuesdayUnited States Stock MarketWall Street closed deeply in the red on Tuesday 24 April 2018, mainly dragged down by industrials, materials and tech shares. Losses came despite better-than-expected earnings reports for Caterpillar (-6.2%), Coca-Cola (-2.0%), United Technologies (-1.1%), and Verizon (+2.1%). The Dow Jones declined 425 points or 1.7% to 24024. The S&P 500 lost 36 points or 1.3% to 2635. The Nasdaq plummeted 121 points or 1.7% to 7007.2018-04-24T20:18:06"
US 10-Year Bond Yield Rises Above 3%,Government Bond 10Y,"US 10-Year Bond Yield Rises Above 3%United States Government Bond 10YThe 10-year Treasury yield was up over 1 basis point at 2.986% around 10:45 AM New York time Tuesday after hitting 3.003% earlier in the day, which was the highest since January 2014. Inflation concerns due to rising commodity prices and optimism over solid global economy have stoked selling in Treasuries since last week. Also, the yield on the 2-year Treasury note topped 2.5% for the first time since September 2008.2018-04-24T16:49:39"
US Stocks Retreat,Stock Market,"US Stocks RetreatUnited States Stock MarketWall Street traded lower on Tuesday afternoon, erasing early gains, mainly dragged down by industrials, materials and tech shares. Losses come despite better-than-expected earnings reports for Caterpillar, Coca-Cola, United Technologies, and Verizon. The Dow Jones declined 268 points or 1.1%, the S&P 500 fell 18 points or 0.7% and the Nasdaq traded 85 points or 1.2% lower around 12:30 PM NY time. Meanwhile, 3M slumped 8% as the company expects lower earnings in 2018 and Alphabet declined 5% despite earnings topped forecast as some analysts warned of a less profitable near-term for the company.2018-04-24T16:43:04"
US Richmond Fed Index Unexpectedly Falls in April,Richmond Fed Manufacturing Index,"US Richmond Fed Index Unexpectedly Falls in AprilUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia slumped to -3 in April of 2018 from 15 in March. It is the lowest reading since September of 2016 and well below market expectations of 16. A contraction was seen in shipments (-8 from 15); new orders (-9 from 17) and backlogs of orders (-4 from 10). Also, prices paid rose faster (2.43 from 2.39) while prices received slowed (1.46 from 1.54). The local business conditions index fell to -1 from 7, suggesting worsening conditions for District manufacturers. On the other hand, faster rises were recorded for finished goods inventories (15 from 5); number of employees (12 from 11); and wages (27 from 22).2018-04-24T14:11:08.687"
US New Home Sales Beat Forecasts,New Home Sales,"US New Home Sales Beat ForecastsUnited States New Home SalesSales of new single-family houses in the United States rose 4 percent from the previous month to a seasonally adjusted annual rate of 694 thousand in March 2018, easily beating market consensus of 625 thousand. New privately-owned houses sold in the West increased 28.3 percent and those sold in the South advanced 0.8 percent. The median sales price of new houses sold in March was USD 337,200. The average sales price was USD 369,900. Year-on-year, new home sales surged 8.8 percent.2018-04-24T14:04:55"
US Stocks Rise on Earnings,Stock Market,"US Stocks Rise on EarningsUnited States Stock MarketWall Street opened modestly higher on Tuesday, following better-than-expected earnings reports for Caterpillar, Coca-Cola, United Technologies, Verizon and Harley-Davidson. The Dow Jones added 68 points or 0.3%, the S&P 500 gained 10 points or 0.4% and the Nasdaq traded 33 points or 0.5% higher around 8 minutes after the opening bell. 2018-04-24T13:40:55"
US House Prices Rise More than Expected: FHFA,FHFA House Price Index MoM,"US House Prices Rise More than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.6 percent month-over-month in February of 2018, following an upwardly revised 0.9 percent gain in January and above market expectations of 0.5 percent. Year-on-year, house prices went up 7.2 percent. For the nine census divisions, monthly price changes ranged from 0.1 percent in the West North Central division to +1.6 percent in the East South Central division. The 12-month changes were all positive, ranging from +4.8 percent in the Middle Atlantic division to +10.3 percent in the Pacific division.2018-04-24T13:10:08.203"
US Home Prices Rise the Most Since Mid-2014: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Prices Rise the Most Since Mid-2014: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-City Composite Home Price Index in the US rose 6.8 percent year-on-year in February 2018, following a 6.4 percent advance in January and easily beating market expectations of a 6.3 percent gain. It was the steepest increase in house prices since an 8.1 percent climb in June 2014, with Seattle (12.7 percent), Las Vegas (11.6 percent) and San Francisco (10.1 percent) reporting the sharpest gains among the 20 cities. Meanwhile, the national index, covering all nine US census divisions rose 6.3 percent, up from 6.1 percent in the previous month.2018-04-24T13:09:32"
Dollar Index Hits 14-week High,currency,Dollar Index Hits 14-week HighUnited States currencyUS Dollar increased to a 14-week high of 91.022018-04-24T01:11:45.817
Dollar Index Hits 13-week High,currency,Dollar Index Hits 13-week HighUnited States currencyUS Dollar increased to a 13-week high of 90.942018-04-23T17:46:50.633
US Existing Home Sales Unexpectedly Jump in March,Existing Home Sales,"US Existing Home Sales Unexpectedly Jump in MarchUnited States Existing Home SalesSales of previously owned houses in the US jumped 1.1 percent mom to a seasonally adjusted annual rate of 5.6 million in March of 2018 from 5.54 million in February. It compares with market expectations of a 0.2 percent rise to 5.54 million. Sales of single family houses went up 0.6 percent to 4.99 million, following a 4.2 percent surge in February and sales of condos rose 5.2 percent to 0.610 million, rebounding from a 6.5 percent fall. The median house price increased to $250,400 from $240,900 in February and the months' worth of supply edged up to 3.6. In addition, the number of houses available in the market increased to 1.670 million. Year-on-year, existing home sales declined 1.2 percent.2018-04-23T14:06:35.723"
US Private Sector Growth Below Expectations in April: Markit,Composite Pmi,"US Private Sector Growth Below Expectations in April: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI rose to 54.8 in April 2018 from 54.2 in the previous month, but below market expectations of 55.3, a preliminary estimate showed. The latest expansion in the private sector was driven by accelerated growth at both manufacturing (PMI at 43-month high of 56.5 vs 55.6 in March) and service sector firms (PMI at 54.4 vs 54 in March). New orders rose the most since March 2015 and the outlook for business activity over the next 12 months rose to the highest since May 2015 while the pace of job creation softened slightly to a three-month low.2018-04-23T13:56:40"
US Factory Growth Highest Since 2014: PMI,Manufacturing PMI,"US Factory Growth Highest Since 2014: PMIUnited States Manufacturing PMIThe IHS Markit Manufacturing PMI rose to 56.5 in April of 2018 from 55.6 in March, beating market expectations of 55. The reading pointed to the fastest expansion in the manufacturing sector since September of 2014 amid marked growth in output and new orders while vendor performance deteriorated at a faster pace.2018-04-23T13:52:48"
US Service Sector Expands Faster than Expected: Markit,Services PMI,"US Service Sector Expands Faster than Expected: MarkitUnited States Services PMIThe IHS Markit US Services PMI rose to 54.4 in April 2018 from 54 in the previous month and beating market consensus of 54, a preliminary estimate showed. The latest reading indicated the twenty-sixth successive month of output expansion at service sector firms, as new business grew the most since March 2015, leading to a solid rise in outstanding business. On the price front, input price inflation picked up from the previous month.2018-04-23T13:50:34"
US Chicago Fed Index Below Forecasts,Chicago Fed National Activity Index,"US Chicago Fed Index Below ForecastsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index slumped to 0.1 in March of 2018 from an upwardly revised 0.98 in the previous month which was the highest reading since October of 1999. Figures came below market expectations of 0.27 as growth slowed in both production and employment. The contribution from production-related indicators fell to +0.14 from +0.54 while sales, orders, and inventories category added +0.04 down from +0.14. The negative contribution came from employment-related indicators (-0.07 from +0.35) and from personal consumption and housing category (-0.01 from -0.06).2018-04-23T12:46:25"
US 10-Year Bond Yield Nears 3%,Government Bond 10Y,"US 10-Year Bond Yield Nears 3%United States Government Bond 10YBenchmark 10-year US bond yields rose 2.2 bps to 2.97% on Monday, its highest level since early 2017, as investors continue to sell debt amid optimism over global economic recovery. Also, the yield on 2-year Treasury was up 1.3 bps to 2.47%.2018-04-23T11:37:04.527"
The Dow Jones Index dropped 0.82%,Stock Market,"The Dow Jones Index dropped 0.82%United States Stock MarketUnited States Stock Market fell 202 points. Leading the losses are Apple (-4.09%), American Express (-2.03%) and IBM (-1.80%). Top gainers were General Electric (3.90%), Nike (0.62%) and Pfizer (0.26%).2018-04-20T20:30:03.673"
US Stocks Close Lower on Friday,stock market,"US Stocks Close Lower on FridayUnited States stock marketWall Street closed lower on Friday, extending Thursday's losses and mainly dragged down by tech shares. Energy companies were also lower as oil prices retreated from 2014-highs. The Dow Jones retreated 202 points or 0.8% to 24463. The S&P 500 lost 23 points or 0.9% to 2670. The Nasdaq closed down 92 points or 1.3% to 7146.2018-04-20T15:12:35"
US Stocks Close Moderately Lower on Thursday,Stock Market,"US Stocks Close Moderately Lower on ThursdayUnited States Stock MarketWall Street closed moderately lower on Thursday 19 April 2018, mainly dragged down by tech shares after Taiwan Semiconductor Manufacturing, the world’s largest contract chipmaker, revised down its 2018 revenue growth forecast to 10% from 10-15%, also dragging shares of Apple (-2.7%), Nvidia (-3.2%), and Qualcomm (4.5%). The Dow Jones lost 83 points or 0.3% to 24665. The S&P 500 retreated 16 points or 0.6% to 2693. The Nasdaq closed down 57 points or 0.8% to 7238.2018-04-19T20:01:18"
Tech Stocks Drag Wall Street Lower,Stock Market,"Tech Stocks Drag Wall Street LowerUnited States Stock MarketWall Street traded lower on Thursday afternoon, mainly dragged down by tech shares after Taiwan Semiconductor Manufacturing, the world’s largest contract chipmaker, revised its revenue growth forecast for 2018 to 10% from 10-15%. The Dow Jones was down 125 points or 0.5%, the S&P 500 fell 21 points or 0.8% and the Nasdaq traded 64 points or 0.9% lower around 12:30 PM NY time. Meanwhile, Apple shares were down 2.5%, Nvidia fell 3.2% and Qualcomm declined 4.5%.

2018-04-19T16:35:53"
Philadelphia Manufacturing Activity Beats Forecasts,Philadelphia Fed Manufacturing Index,"Philadelphia Manufacturing Activity Beats ForecastsUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States edged up to 23.2 in April of 2018 from 22.3 in March, beating market expectations of 20.1. Nearly 37 percent of the manufacturers reported increases in overall activity this month, while 14 percent reported decreases. A rise was seen in the number of employees (27.1 from 25.6) and average workweek (21.6 from 12.8). On the other hand, a slowdown was recorded for new orders (18.4 from 35.7), shipments (23.9 from 32.4), unfilled orders (7.8 from 20.1) and inventories (9.5 from 16.5). Also, both prices paid (56.4 from 42.6) and received (29.8 from 20.7) increased.2018-04-19T12:42:07"
US Initial Claims Decline to 232K in Latest Week,Initial Jobless Claims,"US Initial Claims Decline to 232K in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 1 thousand to 232 thousand in the week ended April 14th 2018, slightly above market expectations of 230 thousand. It follows an unrevised 233 thousand in the previous week. According to unadjusted data, the biggest declines in initial claims were seen in New Jersey (-6,000), Pennsylvania (-2,733) and Texas (-2,413) while the main rises were recorded in NY (+15,439), California (+4,902) and Connecticut (+2,269). Claims taking procedures in Puerto Rico (-408) and in the Virgin Islands (0) have still not returned to normal.

2018-04-19T12:32:06"
US 10Y Bond Yield Hits 4-week High,Government Bond 10Y,US 10Y Bond Yield Hits 4-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-week high of 2.8709%2018-04-19T07:35:29.947
US Crude Oil Inventories Fall in Latest Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall in Latest WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.071 million barrels in the week ended April 13th 2018, after a 3.306 million rise in the previous period and compared with market expectations of a 1.429 million drop. Meanwhile, gasoline inventories slumped by 2.968 million barrels after rising by 0.458 million in the previous week, while markets were expecting 0.227 million drop.2018-04-18T14:36:10.687"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the United States rose 4.9 percent in the week ended April 13th 2018, following a 1.9 percent drop in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went up 3.5 percent and applications to purchase a home jumped 6.1 percent. The average fixed 30-year mortgage rate was unchanged at 4.66 percent.2018-04-18T11:06:31.877"
The Dow Jones Index rose 0.87%,Stock Market,"The Dow Jones Index rose 0.87%United States Stock MarketUnited States Stock Market rose 214 points. Leading the gains are General Electric (3.41%), UnitedHealth (3.27%) and Cisco Systems (2.88%). Top losers were Goldman Sachs (-1.87%), Johnson & Johnson (-1.09%) and DowDuPont Inc (-1.04%).2018-04-17T21:00:03.8"
US Stocks Close Higher on Tuesday,Stock Market,"US Stocks Close Higher on TuesdayUnited States Stock MarketUS stocks closed deeply in the green on Tuesday 17 April 2018 as better-than-expected earnings reports from Goldman Sachs, Johnson & Johnson and Netflix lifted sentiment. The Dow Jones added 214 points or 0.9% to 24787. The S&P 500 gained 29 points or 1.1% to 2706. The Nasdaq soared 125 points or 1.7% to 7281. 2018-04-17T20:09:58.11"
US Stocks Rally on Earnings,stock market,"US Stocks Rally on EarningsUnited States stock marketUS stock markets traded in the green on Tuesday as better-than-expected earnings reports from Goldman Sachs, Johnson & Johnson and Netflix lifted sentiment. The Dow Jones added 216 points, or 0.9%, to 24,789; the S&P 500 gained 19 points, or 0.7%, to 2,698; and the Nasdaq climbed 70 points, or 1%, to 7,227 around 15 minutes after the opening bell.2018-04-17T13:30:16"
US Industrial Output Growth Stronger than Expected,Industrial Production Mom,"US Industrial Output Growth Stronger than ExpectedUnited States Industrial Production MomUS industrial production increased by 0.5 percent month-over-month in March 2018, following a downwardly revised 1 percent advance in February and beating market expectations of a 0.4 percent gain. Manufacturing and mining growth eased from the previous month, while utilities output rebounded sharply after being suppressed in February by warmer-than-normal temperatures.2018-04-17T13:17:47"
US March Building Permits Beat Forecasts,Building Permits,"US March Building Permits Beat ForecastsUnited States Building PermitsBuilding permits in the United States increased 2.5 percent from the previous month to a seasonally adjusted annual rate of 1,354 thousand in March 2018, beating market expectations of 1,323 thousand. Multi-family authorizations surged 19 percent to 514 thousand while single-family permits dropped 5.5 percent to 840 thousand. Across US regions, building permits rose in the Midwest (9 percent), the West (3 percent) and the South (2.1 percent), but fell in the Northeast (-5.5 percent).2018-04-17T12:34:40"
US Housing Starts Rise 1.9% in March,Housing Starts,"US Housing Starts Rise 1.9% in MarchUnited States Housing StartsHousing starts in the US rose 1.9 percent month-over-month to an annualized rate of 1,319 thousand in March of 2018, following a downwardly revised 3.3 percent drop in February. It compares with market expectations of a 1,260 thousand rate. Starts of multi-family housings rebounded while the number of single-family starts was the lowest in three months. 2018-04-17T12:34:36"
Johnson & Johnson earnings at 2.06 USD,Earnings,Johnson & Johnson earnings at 2.06 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 2.06 USD.2018-04-17T11:02:21.85
The Dow Jones Index rose 0.87%,Stock Market,"The Dow Jones Index rose 0.87%United States Stock MarketUnited States Stock Market rose 213 points. Leading the gains are UnitedHealth (2.83%), Merck & Co (2.55%) and DowDuPont Inc (2.27%). Top losers were General Electric (-1.19%), Nike (-0.34%) and Walt Disney (-0.21%).2018-04-16T21:00:05.91"
US Stocks Close Higher on Monday,Stock Market,US Stocks Close Higher on Monday United States Stock MarketWall Street closed deeply in the green on Monday 16 April 2018 after geopolitical concerns over Syria eased and the earnings season continues with Bank of America's earnings beating forecasts. The Dow Jones gained 213 points or 0.9% to 24573. The S&P 500 increased 22 points or 0.8% to 2678. The Nasdaq climbed 50 points or 0.7% to 7156.2018-04-16T20:13:55.453
US Overseas Treasury Purchases Beat Expectations,Capital Flows,"US Overseas Treasury Purchases Beat ExpectationsUnited States Capital FlowsOverseas investors bought USD 44.7 billion of US assets, including short-dated instruments in February of 2018, after buying an upwardly revised USD 122.6 billion in the previous month. The figure contrasted sharply with market expectations of USD 26.1 billion of purchased assets. Meanwhile, foreigners bought USD 49.0 billion of long-term US securities, including government and corporate, after buying USD 61.4 billion in the previous month. Foreign investors bought USD 43.2 billion of Treasures in February after buying USD 8.4 billion in the previous month.2018-04-16T20:07:32"
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street traded in the green on Monday after geopolitical concerns over Syria eased and the earnings season continues with Bank of America's earnings beating forecasts. The Dow Jones gained 176 points or 0.7%, the S&P 500 rose 16 points or 0.6% and the Nasdaq traded 33 points or 0.5% higher around 40 minutes after the opening bell. 2018-04-16T14:16:12.953"
US NAHB Housing Market Index Falls to 5-Month Low,Nahb Housing Market Index,"US NAHB Housing Market Index Falls to 5-Month LowUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States fell to 69 in April 2018 from 70 in March and below market expectations of 71. It was the weakest reading since last November, as the index measuring current single-family home sales fell to 75 from 77 in March and the component gauging sales expectations in the next six months dropped to 77 from 78. Meanwhile, the prospective buyer index was unchanged at 51.2018-04-16T14:11:12.973"
US Business Inventories Robust in February,Business Inventories,"US Business Inventories Robust in FebruaryUnited States Business InventoriesManufacturers’ and trade inventories in the United States rose 0.6 percent month-over-month in February of 2018, the same as in January and in line with market expectations. Stocks at wholesalers rose 1 percent, the biggest increase since October of 2013, compared to a 0.9 percent gain in January. On the other hand, inventories slowed at autos and parts (0.9 percent compared to 1.7 percent); retailers (0.4 percent compared to 0.7 percent) and manufacturers (0.3 percent compared to 0.4 percent). Inventories excluding autos, which go into the calculation of GDP, edged up 0.2 percent, above 0.1 percent in January. 2018-04-16T14:09:17.317"
Business Activity in New York State Slows in April,NY Empire State Manufacturing Index,"Business Activity in New York State Slows in AprilUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States decreased to 15.8 in April of 2018 from 22.5 in the previous month, missing market expectations of 18.8. A slowdown was seen in new orders (9 from 16.8); shipments (17.5 from 27); unfilled orders (3.7 from 12.7); and employment (6 from 9.4). Also, the workweek was longer (16.9 from 5.9); both prices paid (47.4 from 50.3) and received (20.7 from 22.4) eased and inventories rose faster (8.1 from 5.6). Firms’ optimism about the six-month outlook waned sharply, with the index for future business conditions plunging twenty-six points to its lowest level in more than two years. 2018-04-16T12:41:31.047"
US Retail Trade Rebound Stronger than Expected,Retail Sales MoM,"US Retail Trade Rebound Stronger than ExpectedUnited States Retail Sales MoMUS retail trade rose by 0.6 percent month-over-month in March 2018, recovering from a 0.1 percent drop in February and beating market expectations of a 0.4 percent gain. It was the first month of increase since November, mainly boosted by purchases of motor vehicles. Considering the first quarter of the year, retail sales went up 0.2 percent.2018-04-16T12:33:59"
US Stocks Close Lower on Friday,Stock Market,"US Stocks Close Lower on FridayUnited States Stock MarketWall Street closed moderately lower on Friday 13 April 2018 as slightly better-than-expected earnings for Citigroup, Wells Fargo and J.P. Morgan were overshadowed by geopolitical and trade war tensions. The Dow Jones lost 122 points or 0.5% to 24361. The S&P 500 closed down 8 points or 0.3% to 2656. The Nasdaq declined 34 points or 0.5% to 7107. During the week, all major indexes notched gains, with the Dow Jones climbing 1.8%; the S&P 500 2.0%; and the Nasdaq 2.8%. 2018-04-13T20:02:06.63"
US Consumer Sentiment Falls More than Expected,Consumer Confidence,"US Consumer Sentiment Falls More than ExpectedUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US fell to 97.8 in April of 2018 from 101.4 in March and below market expectations of 100.5. Both current and future conditions subindexes declined, mainly due to concerns about the potential impact of President Trump's trade policies on the domestic economy, preliminary estimates showed. 2018-04-13T14:07:00"
US Job Openings Fall More than Expected in February,Job Offers,"US Job Openings Fall More than Expected in FebruaryUnited States Job OffersThe number of job openings in the United States fell to 6.052 million in February 2018 from a downwardly revised 6.228 million in the previous month and below market expectations of 6.173 million. There were less open positions in accommodation and food services (-91,000), construction  (-56,000), and wholesale trade (-38,000). Meanwhile, job openings increased in finance and insurance (69,000) and state and local government education (31,000). The number of job openings decreased mostly in the West region (-148,000).2018-04-13T14:03:11"
US Stocks Rise on Earnings,Stock Market,"US Stocks Rise on EarningsUnited States Stock MarketWall Street opened higher on Friday after better-than-expected earnings for Citigroup, Wells Fargo and J.P. Morgan lifted investors' mood. The Dow Jones was up 125 points or 0.5%, the S&P 500 gained 13 points or 0.5% and the Nasdaq traded 33 points or 0.5% higher around 5 minutes after the opening bell. 2018-04-13T13:37:54.28"
JPMorgan Chase earnings at 2.37 USD,Earnings,JPMorgan Chase earnings at 2.37 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 2.37 USD.2018-04-13T10:53:26.657
The Dow Jones Index rose 1.21%,Stock Market,"The Dow Jones Index rose 1.21%United States Stock MarketUnited States Stock Market rose 294 points. Leading the gains are Boeing (3.09%), Intel (3.07%) and DowDuPont Inc (2.72%).2018-04-12T21:00:06.187"
US Stocks Extend Gains on Thursday,Stock Market,US Stocks Extend Gains on ThursdayUnited States Stock MarketWall Street closed deeply in the green on Thursday 12 April 018 as concerns over a US military action on Syria eased after President Trump tweeted "Never said when an attack on Syria would take place. Could be very soon or not so soon at all!". The Dow Jones gained 294 points or 1.2% to 24483. The S&P 500 increased 22 points or 0.8% to 2664. The Nasdaq jumped 71 points or 1.0% to 7140. 2018-04-12T20:13:14.007
US Stocks Rebound,stock market,"US Stocks ReboundUnited States stock marketWall Street opened sharply higher on Thursday as worries over a US military action on Syria eased after President Trump tweeted ""Never said when an attack on Syria would take place. Could be very soon or not so soon at all!"". The Dow Jones was up 286 points or 1.2%, the S&P 500 rose 23 points or 0.9% and the Nasdaq traded 63 points or 0.9% higher around 20 minutes after the opening bell.2018-04-12T13:42:05"
US Export Prices Rise 0.3% MoM in March,Export Prices MoM,"US Export Prices Rise 0.3% MoM in MarchUnited States Export Prices MoMPrices for US exports increased 0.3 percent month-over-month in March of 2018, following a 0.2 percent gain in February and above market expectations of a 0.2 percent rise. Cost of agricultural exports advanced 3.4 percent compared to a 0.6 percent increase in February, the most since August of 2012, mainly due to higher prices of soybeans (7.8 percent) and wheat (8.0 percent). Meanwhile, non-agricultural export prices dropped 0.1 percent, after rising 0.2 percent in February, amid decreases in industrial supplies and materials prices. Year-on-year, export prices jumped 3.4 percent in March.2018-04-12T12:37:27"
US Initial Jobless Claims Fall Less than Expected,Initial Jobless Claims,"US Initial Jobless Claims Fall Less than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 9 thousand to 233 thousand in the week ended April 7th 2018, slightly above market expectations of 230 thousand. It follows an unrevised 242 thousand in the previous period which was the highest reading since the first week of January. According to unadjusted data, the biggest declines in initial claims were seen in Pennsylvania (-1,093), Michigan (-699) and Maryland (-517) while the main rises were recorded in New Jersey (5,473), Texas (3,515), NY (3,353) and California (2,634). Claims taking procedures in Puerto Rico (523) and in the Virgin Islands (-10) have still not returned to normal.2018-04-12T12:34:37"
US Import Prices Unchanged in March,Import Prices MoM,"US Import Prices Unchanged in MarchUnited States Import Prices MoMUS import prices were unchanged in March 2018, missing market expectations of a 0.2 percent gain and following a downwardly revised 0.3 percent advance in February. Prices for imported fuel fell 1.6 percent in March, the largest monthly decline since last June, due to lower prices for both petroleum (-1.3 percent) and natural gas (-9.5 percent). Meanwhile, the price index for non-fuel imports rose 0.2 percent in March, following a 0.5 percent increase in February, as higher costs of non-fuel industrial supplies and materials; capital goods; and foods, feeds, and beverages, offset declining prices for automotive vehicles and consumer goods. Year-on-year, import prices advanced 3.6 percent in March.2018-04-12T12:33:08"
The Dow Jones Index fell 0.90%,Stock Market,"The Dow Jones Index fell 0.90%United States Stock MarketUnited States Stock Market dropped 219 points. Losses were led by Boeing (-2.23%), UnitedHealth (-2.13%) and DowDuPont Inc (-1.78%). Offsetting the fall, top gainers were Exxon Mobil (0.50%), Chevron (0.47%) and McDonalds (0.40%).2018-04-11T21:00:04.733"
US Stocks Close Lower,Stock Market,"US Stocks Close LowerUnited States Stock MarketWall Street closed moderately down on Wednesday 11 April 2018, after minutes from the last FOMC meeting showed that the outlook for the economy strengthened and inflation is expected to move up in coming months, and after consumer prices increased 2.4 percent year-on-year in March 2018, above 2.2 percent in February. The Dow Jones lost 219 points or 0.9% to 24189. The S&P 500 slipped 15 points or 0.6% to 2642. The Nasdaq declined 25 points or 0.4% to 7069. 2018-04-11T20:06:12"
Fed Sees Stronger Economy and Inflation,Interest Rate,"Fed Sees Stronger Economy and InflationUnited States Interest RateThe outlook for the economy strengthened and inflation is expected to move up in coming months, minutes from the last FOMC meeting showed. Almost all officials agreed that a gradual tightening remains appropriate while some participants see a slightly steeper path of rate hikes. The Federal Reserve also mentioned the prospect of retaliatory trade actions by other countries as well as other issues and uncertainties associated with trade policies as downside risks for the economy.2018-04-11T18:28:37.713"
US Government Budget Gap Highest on Record for March,Government Budget Value,"US Government Budget Gap Highest on Record for MarchUnited States Government Budget ValueThe US government budget deficit increased to USD 209 billion in March of 2018 from USD 176 billion in the same month of the previous year. It was the biggest gap on record for a March month. Figures came worse than market expectations of a USD 194 billion gap, as receipts declined 2.7 percent to USD 211 billion. Meanwhile outlays rose 6.8 percent to USD 420 billion, as benefits for the military, veterans and recipients of supplemental security income as well as Medicare payments were paid in March because April 1, 2018, the normal payment date, fell on a non-business day.2018-04-11T18:06:09"
US Crude Oil Inventories Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly Rise United States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 3.306 million barrels in the week ended April 6th 2018, after a 4.617 million drop in the previous period which was the biggest decline in 11 weeks. It compares with market expectations of a 0.189 million fall. Meanwhile, gasoline inventories rose by 0.458 million barrels after decreasing by 1.116 million in the previous week, while markets were expecting a higher 1.425 million drop.2018-04-11T14:37:09.337"
US Inflation Rate Highest in a Year,Inflation Rate,"US Inflation Rate Highest in a YearUnited States Inflation RateConsumer prices in the United States increased 2.4 percent year-on-year in March of 2018, above 2.2 percent in February and matching market expectations. It is the highest inflation rate in a year, mainly boosted by shelter and used car prices. On a monthly basis, prices fell 0.1 percent after a 0.2 percent rise and compared with forecasts of a flat reading. Gasoline prices went down 4.9 percent, the largest drop since May 2017.2018-04-11T12:34:03"
US Mortgage Applications Fall for 2nd Week,Mortgage Applications,"US Mortgage Applications Fall for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 1.9 percent in the week ended April 6th 2018, following a 3.3 percent drop in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went down 1.7 percent and applications to purchase a home dropped 2 percent. The average fixed 30-year mortgage rate decreased by 3bps to 4.66 percent.2018-04-11T11:03:39.257"
The Dow Jones Index rose 1.79%,Stock Market,"The Dow Jones Index rose 1.79%United States Stock MarketUnited States Stock Market rose 429 points. Leading the gains are Boeing (3.83%), Caterpillar (3.56%) and DowDuPont Inc (3.47%).2018-04-10T21:00:02.93"
US Stocks Surge on Tuesday,Stock Market,"US Stocks Surge on TuesdayUnited States Stock MarketWall Street closed deeply in the green on Tuesday 10 April 2018 after comments from the Chinese President alleviated trade war concerns. President Xi Jinping pledged at the Boao Forum to open the Chinese economy, reduce tariffs on imported autos and enforce the legal intellectual property. The Dow Jones gained 429 points or 1.8% to 24408. The S&P 500 increased 44 points or 1.7% to 2657. The Nasdaq soared 144 points or 2.1% to 7094.2018-04-10T20:18:02.547"
US Wholesale Inventories Rise the Most since 2013,Wholesale Inventories,"US Wholesale Inventories Rise the Most since 2013United States Wholesale InventoriesWholesale inventories in the United States increased 1 percent month-over-month to USD 625.6 billion in February of 2018, following a downwardly revised 0.9 percent gain in January and slightly below a preliminary estimate of 1.1 percent. It is the biggest gain in wholesale stocks since October of 2013. Inventories rose for durable goods (1.1 percent vs 0.2 percent in January), namely machinery (1.5 percent vs 0.2 percent), professional equipment (1.7 percent vs -0.9 percent) and computer equipment (2.8 percent vs -2.1 percent) while autos went down 0.1 percent. Also, stocks rose less for non-durable goods (0.8 percent vs 2 percent) and fell for petroleum (-3.7 percent vs 3.3 percent). Wholesale stocks excluding autos, the component that goes into the GDP calculation went up 1.1 percent.2018-04-10T14:12:51.483"
US Stocks Rise after Xi's Remarks,Stock Market,"US Stocks Rise after Xi's RemarksUnited States Stock MarketWall Street opened strongly in the green on Tuesday after comments from the Chinese President alleviated trade war concerns. President Xi Jinping pledged at the Boao Forum to open the Chinese economy, reduce tariffs on imported autos, enforce the legal intellectual property of foreign firms and broaden market access for foreign financial companies. The Dow Jones went up 371 points or 1.6%, the S&P 500 gained 33 points or 1.3% and the Nasdaq added 92 points or 1.3% around 8 minutes after the opening bell.
2018-04-10T13:42:53.737"
US Producer Prices Rise More than Expected in March,Producer Price Inflation MoM,"US Producer Prices Rise More than Expected in MarchUnited States Producer Price Inflation MoMProducer prices for final demand in the US advanced 0.3 percent month-over-month in March 2018, following a 0.2 percent increase in February and beating market expectations of a 0.1 percent gain. Prices of goods went up 0.3 percent, recovering from a 0.1 percent drop in February, boosted by higher prices of food (2.2 percent vs -0.4 percent) while cost of energy fell further (-2.1 percent vs -0.5 percent). Also, prices of services increased 0.3 percent in March, the same pace as in the previous month. The core index, which excludes food and energy, advanced 0.3 percent, also above market consensus of 0.2 percent. On a yearly basis, producer prices increased 3 percent and the core index rose 2.7 percent.2018-04-10T12:34:54"
US Small Business Optimism Remains Strong,NFIB Business Optimism Index,"US Small Business Optimism Remains Strong United States NFIB Business Optimism IndexThe NFIB's Index of Small Business Optimism in the US fell to 104.7 in March of 2018 from 107.6 in February which was the second highest reading on record and below market expectations of 107. Still the index reached its 16th consecutive month in the top five percent of 45 years of survey readings as  for the first time since 1982, taxes received the fewest number of votes as the number one problem. Also, the improvement was seen in plans to increase employment (+2 points to net 20 percent) and current job openings (+1 to 35 percent). Other survey components posted a declines, but in most cases it was from historically high levels: expect economy to improve (-11 to 32 percent),  expected sales (-8 to 20 percent),  plans to make capital outlays (-3 to 26 percent), increase inventories (-3 to 1 percent), credit conditions (-3 to -6 percent), current inventories (-3 to -6 percent); good time to expand (-4 to 28 percent) and earnings trends (- 1 to -4 percent). 2018-04-10T10:14:56"
US Stocks Edge Higher on Monday,Stock Market,"US Stocks Edge Higher on MondayUnited States Stock MarketWall Street closed modestly in the green on Monday as US officials tried to soften rhetoric on trade war. President Trump tweeted: ""China will take down its Trade Barriers because it is the right thing to do. Taxes will become Reciprocal & a deal will be made on Intellectual Property,"" and Treasury Secretary Mnuchin said he does not expect the trade war between the US and China will take place. The Dow Jones gained 46 points or 0.2% to 23979. The S&P 500 climbed 9 points or 0.3% to 2613. The Nasdaq jumped 35 points or 0.5% to 6950.2018-04-09T20:06:05.193"
Stocks in United States On The Rise,stock market,Stocks in United States On The RiseUnited States stock marketDow Jones increased by 1% to 241712018-04-09T13:58:48.037
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street opened in the green on Monday as US officials tried to soften rhetoric on trade war. President Trump tweeted: ""China will take down its Trade Barriers because it is the right thing to do. Taxes will become Reciprocal & a deal will be made on Intellectual Property."" and Treasury Secretary Mnuchin said he does not expect the trade war between the US and China will take place. The Dow Jones gained 147 points or 0.6%, the S&P 500 increased 13 points or 0.5% and the Nasdaq traded 51 points or 0.7% higher around 15 minutes after the opening bell.2018-04-09T13:52:47"
The Dow Jones Index decreased 2.34%,Stock Market,"The Dow Jones Index decreased 2.34%United States Stock MarketUnited States Stock Market decreased 573 points. Losses were driven by Caterpillar (-3.35%), Intel (-3.17%) and Visa (-3.07%).2018-04-06T21:00:03.327"
US Stocks Plunge on Friday,Stock Market,"US Stocks Plunge on FridayUnited States Stock MarketWall Street closed deeply in the red on 6 April 2018 amid renewed concerns of a trade war between the US and China after President Trump proposed an additional $100 billion tariff on Chinese products. In addition, the March jobs report showed the economy added 103 thousand jobs, well below forecasts of 193 thousand. The Dow Jones lost 572 points or 2.3% to 23933. The S&P 500 plunged 58 points or 2.2% to 2604. The Nasdaq plummeted 161 points or 2.3% to 6915.2018-04-06T20:03:05"
US Consumer Credit Rises Less than Expected,Consumer Credit,"US Consumer Credit Rises Less than ExpectedUnited States Consumer CreditConsumer credit in the United States rose by USD 10.6 billion in February of 2018, following an upwardly revised USD 15.59 billion gain in the previous month and below market expectations of USD 15 billion. Revolving credit edged up by USD 0.15 billion after rising by USD 1.45 billion in the previous month. Non-revolving credit went up by USD 10.45 billion, compared with a USD 14.15 billion gain in January.2018-04-06T19:50:38"
Fed Gradual Rate Hikes Likely to Continue,Interest Rate,"Fed Gradual Rate Hikes Likely to ContinueUnited States Interest RateFOMC's patient approach has paid dividends and contributed to the strong economy we have today, Fed Chair Powell said in his first speech as chairman on the economic outlook at The Economic Club of Chicago, suggesting the Fed remains cautious on the economic outlook and the path of rate hikes. Fed Chair added that as long as the economy continues broadly on its current path, further gradual increases in the federal funds rate will best promote the goals of 2 percent inflation, a sustained economic expansion and a strong labor market.2018-04-06T18:16:26.167"
US Stocks Fall,stock market,"US Stocks FallUnited States stock marketWall Street opened in the red on Friday, ending a three-day winning streak amid renewed concerns of a trade war between the US and China after President Trump proposed an additional $100 billion tariff on Chinese products. Also, the March jobs report showed the economy added 103 thousand jobs, well below forecasts of 193 thousand. The Dow Jones fell 176 points or 0.7%, the S&P 500 declined 13 points or 0.5% and the Nasdaq traded 28 points or 0.4% lower around 10 minutes after the opening bell.2018-04-06T13:30:04"
US Economy Adds Less Jobs than Expected,Non Farm Payrolls,"US Economy Adds Less Jobs than ExpectedUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 103 thousand in March of 2018, following an upwardly revised 326 thousand in February. It is the lowest reading since September and well below market expectations of 193 thousand. Employment grew in manufacturing, health care, and mining but fell in construction and retail sectors. 2018-04-06T12:32:48"
US Unemployment Rate Unchanged at 17-Year Low,Unemployment Rate,"US Unemployment Rate Unchanged at 17-Year LowUnited States Unemployment RateThe US unemployment rate stood at a 17-year low of 4.1 percent for the sixth consecutive month in March 2018, slightly above market expectations of 4 percent. The number of unemployed decreased by 121 thousand to 6.59 million and employment fell 37 thousand to 155.18 million. The labor force participation rate dropped to 62.9 percent from a five-month high of 63 percent in February.2018-04-06T12:31:27"
The Dow Jones Index increased 0.99%,Stock Market,"The Dow Jones Index increased 0.99%United States Stock MarketUnited States Stock Market went up by 241 points. The rise was driven by DowDuPont Inc (2.84%), Boeing (2.73%) and Chevron (2.21%). Biggest losses came from Pfizer (-1.20%), Procter & Gamble (-0.23%) and Merck & Co (-0.20%).2018-04-05T21:00:06.067"
US Stocks Extend Gains on Thursday,Stock Market,"US Stocks Extend Gains on ThursdayUnited States Stock MarketWall Street closed moderately higher on Thursday 5 April 2018, extending gains from the previous session amid a rise in tech shares led by Tesla (+6%) and Amazon (+3%) and Facebook (+3%), all recovering from recent negative news flow. The Dow Jones gained 241 points or 1.0% to 24505. The S&P 500 climbed 18 points or 0.7% to 2663. The Nasdaq jumped 34 points or 0.5% to 7077.  2018-04-05T20:05:26.5"
US Stocks Rise on Thursday,Stock Market,"US Stocks Rise on ThursdayUnited States Stock MarketWall Street traded higher on Thursday, extending gains from the previous session amid a rise in tech shares. The Dow Jones was up 293 points or 1.2%; the S&P 500 rose 23 points or 0.9% and the Nasdaq added 55 points or 0.8% around 11:15 AM NY time. 2018-04-05T15:35:05.13"
US Exports Rise to All-Time High in February,Exports,"US Exports Rise to All-Time High in FebruaryUnited States ExportsExports of goods and services from the US increased USD 3.5 billion, or 1.7 percent, from the previous month to an all-time high of USD 204.4 billion in February 2018. Goods exports increased USD 3.0 billion to USD 137.2 billion, boosted by shipments of: industrial supplies and materials (up USD 2.0 billion), such as non-monetary gold, crude oil and natural gas; motor vehicles and engines (up USD 0.9 billion), mainly passenger cars; and capital goods (up USD 0.7 billion), mainly civilian aircraft and drilling and oilfield equipment. By contrast, exports of pharmaceutical preparations fell USD 0.6 billion. Exports of services went up USD 0.5 billion to USD 67.3 billion in February. On a non-seasonally adjusted basis, exports rose to the EU (7.4 percent) and Canada (4.3 percent), but fell to Mexico (-7.2 percent), Japan (-6 percent) and China (-0.3 percent).2018-04-05T12:37:35"
US Trade Gap at New 9-1/2-Year High,Balance of Trade,US Trade Gap at New 9-1/2-Year HighUnited States Balance of TradeThe US trade deficit widened to USD 57.6 billion in February 2018 from an upwardly revised USD 56.7 billion in the previous month and above market expectations of USD 56.9 billion. It is the biggest trade gap since October 2008 as both exports and imports reached a record high. The trade deficits narrowed with China and Canada but worsened with Mexico. 2018-04-05T12:36:10
US Imports Hit New Record High in February,Imports,"US Imports Hit New Record High in FebruaryUnited States ImportsImports of goods and services to the US rose USD 4.4 billion, or 1.7 percent, from the previous month to an all-time high of USD 262.0 billion in February 2018. Goods imports jumped USD 3.3 billion to USD 214.2 billion, lifted by imports of: capital goods (up USD 1.8 billion), such as civilian aircraft, materials-handling equipment and computers; industrial supplies and materials (up USD 0.8 billion), mainly crude oil; and food, feeds and beverages (up USD 0.8 billion). Imports of services rose USD 1.1 billion to a record USD 47.8 billion in February, likely boosted by royalties and broadcast license fees related to the Winter Olympics. On a non-seasonally adjusted basis, imports rose from Mexico (1.3 percent) and the EU (0.4 percent), but fell from China (-14.7 percent), Canada (-9 percent) and Japan (-4.3 percent).2018-04-05T12:35:37"
US Initial Jobless Claims Highest in Near 3 Months,Initial Jobless Claims,"US Initial Jobless Claims Highest in Near 3 MonthsUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits rose by 24 thousand to 242 thousand in the week ended March 31st 2018, from the previous week's upwardly revised 218 thousand and well above market expectations of 225 thousand. It was the highest level since the week ended January 6th.2018-04-05T12:33:22"
US Planned Layoffs at Near 2-Year High,Challenger Job Cuts,"US Planned Layoffs at Near 2-Year HighUnited States Challenger Job CutsJob cuts announced by US-based employers jumped 71 percent to 60,357 in March of 2018 from 35,369 in February. It is the highest value since April of 2016. Retailers cut the most jobs (35,042), followed by telecommunications (4,056); automotive (2,468); services (2,314); and health care/products (2,099). Year-on-year, job cuts rose 39 percent. Considering the first quarter of 2018, employers have announced 140,379 cuts, 11 percent more than the 126,201 job cut announcements in the first quarter of 2017 and 44 percent higher than the 97,292 cuts announced in the final quarter of 2017. First quarter job cut plans are the highest since Q1 2016, when 180,920 cuts were announced.2018-04-05T11:37:43.47"
The Dow Jones Index went up by 0.96%,Stock Market,"The Dow Jones Index went up by 0.96%United States Stock MarketUnited States Stock Market gained 231 points. Gains were led by Microsoft (3.25%), IBM (2.96%) and Nike (2.69%). Biggest losers were Boeing (-1.03%), Exxon Mobil (-0.18%) and Chevron (-0.17%).2018-04-04T21:00:05.067"
US Stocks Make Sharp Comeback on Wednesday,Stock Market,US Stocks Make Sharp Comeback on WednesdayUnited States Stock MarketWall Street closed deeply in the green on Wednesday 4 April 2018 after plunging at the opening bell on as trade war concerns escalated after China said would target 106 US products with a 25 percent tariff in response to President Trumps' list of Chinese imports to be targeted. Equities rebounded after led by tech shares. The Dow Jones jumped 231 points or 1.0% to 24264. The S&P 500 climbed 30 points or 1.2% to 2645. The Nasdaq soared 101 points or 1.5% to 7042. 2018-04-04T20:13:12.2
US Crude Oil Stocks Fall the Most since January,Crude Oil Stocks Change,"US Crude Oil Stocks Fall the Most since JanuaryUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 4.617 million barrels in the week ended March 30th 2018, after a 1.643 million rise in the previous period and compared to market expectations of a 1.4 million increase. It is the biggest decline in 11 weeks. Meanwhile, gasoline inventories fell by 1.116 million barrels after decreasing by 3.472 million in the previous week, while markets were expecting a higher 1.5 million drop.2018-04-04T15:17:14"
US Factory Orders Rise Less than Expected in February,Factory Orders,"US Factory Orders Rise Less than Expected in FebruaryUnited States Factory OrdersNew orders for US manufactured goods rose 1.2 percent month-over-month in February 2018, following a downwardly revised 1.3 percent drop in January and missing market expectations of a 1.7 percent surge. New orders for durable goods increased 3 percent, boosted by transport equipment (7 percent), machinery (1.2 percent), primary metals (2.8 percent) and electrical equipment, appliances, and components (3.4 percent), while those for fabricated metal products were unchanged. By contrast, orders for non-durable goods fell 0.5 percent.2018-04-04T14:07:44"
US Services Growth Eases More than Expected: ISM,Non Manufacturing PMI,"US Services Growth Eases More than Expected: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 58.8 in March of 2018 from 59.5 in February and compared to market forecasts of 59. A slowdown was mainly seen in new orders and production and price pressures intensified. On the other hand, employment went up faster and the majority of respondents remained positive about business conditions.2018-04-04T14:06:36.197"
US Services PMI Revised Slightly Down: Markit,Services PMI,"US Services PMI Revised Slightly Down: MarkitUnited States Services PMIThe IHS Markit US Services PMI fell to 54 in March of 2018 from 55.9 in February and slightly below 54.1 in the preliminary estimate. Nonetheless, output growth was strong overall. A slowdown was seen for new orders and the rate of accumulation was only marginal. On the other hand, job creation was the strongest in seven months and inflationary pressures eased. Finally, forecasts for output over the coming year moderated while positive sentiment was linked to greater client demand and favourable demand conditions.2018-04-04T13:53:36.29"
US Private Sector Growth Remains Solid: Markit,Composite Pmi,"US Private Sector Growth Remains Solid: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI stood at 54.2 in March 2018, little-changed from a preliminary estimate of 54.3 and below the previous month's final reading of 55.8. Services output rose at a softer pace (PMI at 54 vs 55.9 in February) while manufacturing grew the most since March 2015 (PMI at 55.6 vs 55.3 in February). The average rise in new orders over the first three months of 2018 was the strongest since the third quarter of 2014.2018-04-04T13:48:23"
US Stocks Sink,stock market,"US Stocks Sink United States stock marketWall Street plunged at the open on Wednesday as trade war concerns escalated after China said would target 106 US products with a 25% tariff in response to President Trumps' list of Chinese imports to be targeted. The Dow Jones slumped 445 points or 1.9%, the S&P 500 fell 36 points or 1.4% and the Nasdaq declined 100 points or 1.4% around 3 minutes after the opening bell.2018-04-04T13:30:27"
US Private Sector Adds More Jobs than Expected: ADP,ADP Employment Change,"US Private Sector Adds More Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 241 thousand workers in March of 2018, compared with an upwardly revised 246 thousand in February and way above market expectations of 208 thousand. The service-providing sector added 176 thousand jobs, boosted by professional and business (44 thousand); trade, transportation and utilities sector (40 thousand); education and health (28 thousand); leisure and hospitality (26 thousand); financial activities (18 thousand); other services (17 thousand); and information (3 thousand). The goods-producing sector added 65 thousand jobs supported by construction (31 thousand), manufacturing (29 thousand) and natural resources and mining (5 thousand). Midsized companies were the ones hiring the most workers (127 thousand), followed by large (67 thousand) and small (47 thousand).2018-04-04T12:21:33.61"
US Mortgage Applications Drop 3.3%: MBA,Mortgage Applications,"US Mortgage Applications Drop 3.3%: MBAUnited States Mortgage ApplicationsMortgage applications in the United States fell 3.3 percent in the week ended March 30th 2018, following a 4.8 percent rise in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went down 4.9 percent and applications to purchase a home dropped 2.1 percent. The average fixed 30-year mortgage rate was unchanged at 4.69 percent.2018-04-04T11:02:34.887"
US Stocks Rebound on Tuesday,Stock Market,"US Stocks Rebound on TuesdayUnited States Stock MarketWall Street closed deeply in the green on Tuesday 3 April 2018, recovering from a sell-off in the previous session after tech shares led by Amazon slumped amid growing concerns of tight regulation. The Dow Jones closed up 389 points or 1.7% to 24033. The S&P 500 jumped 33 points or 1.3% to 2614. The Nasdaq climbed 71 points or 1.0% to 6941.2018-04-03T20:10:44.247"
US Stocks Attempt to Rebound,stock market,"US Stocks Attempt to ReboundUnited States stock marketWall Street traded mostly higher during a volatile session on Tuesday, attempting to recover from a sell-off in the previous session. On Monday, tech shares slumped amid growing concerns of tight regulation. The Dow Jones was up 187 points or 0.8%; the S&P 500 increased 15 points or 0.6% and the Nasdaq traded 36 points or 0.5% higher around 11:45 AM NY time.2018-04-03T15:08:58"
US IBD/TIPP Economic Optimism Drops for 2nd Month,Economic Optimism Index,"US IBD/TIPP Economic Optimism Drops for 2nd MonthUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States fell 5.4 percent to 52.6 in April 2018, missing market expectations of 55.2. The six-month economic outlook sub-index dropped 6 percent to 49.7. Meanwhile, the personal financial outlook sub-index decreased 4.9 percent to 60.7 and the gauge measuring confidence in federal economic policies returned to negative territory after a one month respite. It declined 5.2 percent to 47.4. 
2018-04-03T14:09:49.27"
US ISM New York Index Falls for 2nd Month,Ism New York Index,"US ISM New York Index Falls for 2nd MonthUnited States Ism New York IndexThe ISM New York Current Business Conditions in the United States declined to 54 in March of 2018 from 54.5 in February, reaching the lowest in five months. A slowdown was seen for quantity of purchases (54.2 from 55.6) and both current (50 from 61.8) and expected (68.2 from 72.2) revenues. Also, prices paid accelerated (66.7 from 61.1). On the other hand, employment rebounded (53.5 from 46.7). The Six-Month Outlook increased to 65.6 from 64.7.2018-04-03T13:56:51.567"
The Dow Jones Index dropped 1.91%,Stock Market,"The Dow Jones Index dropped 1.91%United States Stock MarketUnited States Stock Market fell 459 points. Leading the losses are Intel (-4.84%), Cisco Systems (-3.92%) and Walmart (-3.78%).2018-04-02T21:00:03.52"
US Stocks Plunge on Monday,Stock Market,"US Stocks Plunge on MondayUnited States Stock MarketWall Street closed deeply in the red on Monday 2 April 2018, as the decline in Amazon shares extended after President Donald Trump tweeted on Saturday that the company was scamming the US Postal Service, nudging tech stocks into correction territory.  The Dow Jones closed down 459 points or 1.9% to 23644. The S&P 500 declined 59 points or 2.2% to 2582. The Nasdaq plunged 193 points or 2.7% to 6870.2018-04-02T20:09:47.227"
US Construction Spending Rises Less Than Expected,Construction Spending,"US Construction Spending Rises Less Than ExpectedUnited States Construction SpendingConstruction spending in the US edged up 0.1 percent month-over-month to USD 1.27 trillion in February of 2018, after being unchanged in the previous month and missing market expectations of a 0.5 percent gain. Investment in public construction projects fell 2.1 percent to USD 291.1 billion, the steepest decline since June 2017, after an upwardly revised 2.3 percent rise in January. Spending on federal government construction projects plunged 11.9 percent, the sharpest decrease since October 2004 and that on state and local government construction fell 1 percent. In contrast, spending on private construction rose 0.7 percent to USD 982 billion, following a 0.7 percent decline in January, as outlays on private residential projects went up 0.1 percent to the highest level since January 2007 and spending on nonresidential ones rebounded 1.5 percent.
2018-04-02T14:05:08"
US Factory Growth Weaker than Expected in March: ISM,Business Confidence,"US Factory Growth Weaker than Expected in March: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US fell to 59.3 in March 2018 from the previous month's near 14-year high of 60.8, and missing market expectations of 60.1. New orders, output and employment rose at a softer pace.2018-04-02T14:02:28"
US Manufacturing Growth Strongest in 3 Years: Markit,Manufacturing PMI,"US Manufacturing Growth Strongest in 3 Years: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI came in at 55.6 in March 2018, little-changed from a preliminary estimate of 55.7 and above February's 55.3. Still, the reading pointed to the strongest pace of expansion in the manufacturing sector since March 2015, as output and new orders continued to grow markedly and business confidence hit the highest level since February 2015.2018-04-02T13:49:24"
US Stocks Trade Lower on Monday,Stock Market,"US Stocks Trade Lower on MondayUnited States Stock MarketUS stocks opened lower on Monday after China announced it had implemented tariffs on 128 types of US imports. The Dow Jones fell 10 points, or less than 0.1%, to 24,093; the S&P 500 declined 6 points, or 0.2%, to 2,635; and the Nasdaq slumped 37 points, or 0.5%, to 7,022 ten minutes after the opening bell.2018-04-02T13:44:00.033"
US 10Y Bond Yield Hits 8-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 8-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 8-week low of 2.7389%2018-03-30T14:52:08.26
The Dow Jones Index rose 1.35%,Stock Market,"The Dow Jones Index rose 1.35%United States Stock MarketUnited States Stock Market rose 322 points. Leading the gains are Intel (4.07%), Exxon Mobil (2.51%) and Cisco Systems (2.51%).2018-03-29T21:00:03.813"
US Stocks Rally on Thursday,Stock Market,"US Stocks Rally on ThursdayUnited States Stock MarketWall Street closed higher on the last trading day of the quarter amid a rebound in tech shares. The Dow Jones gained 255 points or 1.1% to 24103; the S&P 500 added 36 points or 1.4% to 2641; the Nasdaq closed 114 points or 1.6% higher at 7063. Considering the first quarter of the year, the Dow slumped 2.5% and the S&P 500 fell 1.2% while the Nasdaq gained 2.3%.2018-03-29T20:31:55.487"
US Stocks Rise on Thursday,Stock Market,"US Stocks Rise on ThursdayUnited States Stock MarketWall Street traded higher on Thursday, mainly driven by a rise in tech shares namely Facebook, Alphabet, Apple and Microsoft. The Dow Jones jumped 297 points or 1.2%, the S&P 500 increased 31 points or 1.2% and the Nasdaq gained 80 points or 1.2% around 11:15 AM NY time. On Friday, markets will be closed in observance of Good Friday. 2018-03-29T15:34:04.3"
US Consumer Sentiment Revised Down,Consumer Confidence,"US Consumer Sentiment Revised DownUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US was revised down to 101.4 in March of 2018 from an initial estimate of 102. Still, the reading was higher than 99.7 in February and was the strongest since January 2004. The revision was due to uncertainty about the impact of the proposed trade tariffs.2018-03-29T14:12:36"
Chicago Business Barometer Falls to 1-Year Low,Chicago Pmi,"Chicago Business Barometer Falls to 1-Year LowUnited States Chicago PmiThe MNI Chicago Business Barometer fell to 57.4 in March 2018 from 61.9 in the previous month, well below market expectations of 62.1. It was the lowest reading since March last year, as the production sub-index declined to the lowest level since October 2016, while the new orders indicator decreased to a level last seen lower just over a year ago. Also, the order
backlogs indicator slowed for a third consecutive month to an eleven-month low.2018-03-29T13:53:36"
US PCE Prices Rise at Softer Pace in February,PCE Price Index Monthly Change,"US PCE Prices Rise at Softer Pace in FebruaryUnited States PCE Price Index Monthly ChangeThe personal consumption expenditures (PCE) price index in the United States increased 0.2 percent month-over-month in February 2018, easing from a 0.4 percent gain in January. Cost of goods fell 0.1 percent, after a 0.7 percent jump in the previous month, as prices of durable goods dropped 0.3 percent (vs 0.1 percent in January) while those for non-durable goods were unchanged (vs 1 percent in January). Meanwhile, services price inflation picked up to 0.3 percent from 0.2 percent in the previous month. Excluding food and energy, PCE prices went up 0.2 percent, compared with 0.3 percent in January. On the year, the PCE price index went up 1.8 percent and the core index rose 1.6 percent. The so-called core PCE price index is the Fed's preferred inflation gauge, targeted at 2 percent.2018-03-29T12:36:23"
US Personal Spending Matches Forecasts,Personal Spending,"US Personal Spending Matches ForecastsUnited States Personal SpendingPersonal consumption expenditures in the US increased 0.2 percent month-over-month in February of 2018, the same as in January and in line with market expectations. Spending on durables rebounded while consumption of nondurables declined.2018-03-29T12:34:26.633"
US Personal Income Rises 0.4% in February,Personal Income,"US Personal Income Rises 0.4% in February United States Personal IncomePersonal income in the United States rose by 0.4 percent month-over-month in February 2018, the same pace as in January and in line with market expectations. The increase in personal income primarily reflected rises in wages and salaries (0.5 percent vs 0.6 percent in January) and nonfarm proprietors’ income (1.1 percent vs 0.3 percent).2018-03-29T12:32:08"
US 10Y Bond Yield Hits 8-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 8-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 8-week low of 2.7643%2018-03-29T08:29:53.313
US Stocks Close Lower Led by Tech,Stock Market,"US Stocks Close Lower Led by TechUnited States Stock MarketUS stock markets closed in the red on Wednesday due to a sharp fall in Amazon shares and declines in technology stocks. Netflix and Apple were also among the worst performers. Meanwhile, gains were seen across defensive sectors such as consumer staples, real estate and telecom. The Dow Jones fell 9 points, or less than 0.1%, to 23,848; the S&P 500 dropped 8 points, or 0.3%, to 2,605; and the Nasdaq slumped 60 points, or 0.9%, to 6,949.2018-03-28T20:17:43"
US Crude Oil Inventories Rise Unexpectedly in Latest Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Unexpectedly in Latest WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose unexpectedly by 1.643 million barrels in the week ended March 23rd 2018, after a 2.622 million drop in the previous period and compared to market expectations of a 0.287 million decline. Meanwhile, gasoline inventories fell sharply by 3.472 million barrels after decreasing by 1.693 million in the previous week, while markets were expecting a smaller 1.954 million drop.2018-03-28T14:36:22.837"
US Pending Home Sales Fall the Most since 2014,Pending Home Sales,"US Pending Home Sales Fall the Most since 2014United States Pending Home SalesContracts to buy previously owned homes in the United States shrank 4.1 percent year-on-year in February of 2018, following an upwardly revised 4 percent drop in January. It is the biggest decline since June of 2014 as contracts fell in all main regions: Northeast (-5.1 percent), Midwest (-9.5 percent), South (-1.5 percent) and the West (-2.2 percent). Compared to the previous month, pending home sales increased 3.1 percent, rebounding from an upwardly revised 5 percent fall in January and beating forecasts of a 2.1 percent gain. 2018-03-28T14:12:25.563"
US Wholesale Inventories Post Biggest Gain in 15 Months,Wholesale Inventories,"US Wholesale Inventories Post Biggest Gain in 15 MonthsUnited States Wholesale InventoriesWholesale inventories in the United States increased 1.1 percent month-over-month to USD 626.7 billion in February of 2018, following an upwardly revised 1.0 percent gain in January and above market expectations of a 0.5 percent rise, the advance estimate showed. Stocks of durable goods advanced 1.2 percent (vs 0.3 percent in January) and those of non-durable goods advanced 0.9 percent (vs 2.0 percent in January).2018-03-28T12:38:30.567"
US Corporate Profits Rise Less than Expected in Q4,Corporate Profits,"US Corporate Profits Rise Less than Expected in Q4United States Corporate ProfitsCorporate profits in the United States increased by USD 28.8 billion, or 1.7 percent, to USD 1,767 billion in the fourth quarter of 2017, following a 5.7 percent jump in the previous period and missing market expectations of 6 percent. Undistributed profits rose by USD 47.5 billion, or 6.4 percent, to USD 787.1 billion, while net dividends fell by USD 18.7 billion, or 1.9 percent, to USD 979.9 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, slumped by USD 792.1 billion, or 35.5 percent, to USD 1,438.8 billion. In 2017, corporate profits grew 6 percent, compared with a 0.5 percent decline in 2016.2018-03-28T12:37:15"
US GDP Growth Revised Higher to 2.9% in Q4,GDP Growth Rate,"US GDP Growth Revised Higher to 2.9% in Q4United States GDP Growth RateThe US economy expanded an annualized 2.9 percent on quarter in the last three months of 2017, higher than 2.5 percent in the second estimate and beating market expectations of 2.7 percent. Personal consumption expenditures and private inventory investment were revised up.2018-03-28T12:34:06.043"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the United States rose 4.8 percent in the week ended March 23rd 2018, following a 1.1 percent fall in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went up 7.3 percent and applications to purchase a home increased 3.1 percent. The average fixed 30-year mortgage rate edged up by 1bps 4.69 percent.2018-03-28T11:02:47.45"
The Dow Jones Index dropped 1.49%,Stock Market,"The Dow Jones Index dropped 1.49%United States Stock MarketUnited States Stock Market fell 361 points. Leading the losses are Microsoft (-4.72%), Cisco Systems (-3.60%) and Apple (-2.74%).2018-03-27T21:00:06.093"
"US Stocks Slump on Tech, Financials",stock market,"US Stocks Slump on Tech, FinancialsUnited States stock marketUS stocks erased earlier gains and closed lower on Tuesday, dragged by a sharp decline in technology and financial shares. Microsoft, Apple, Facebook, Twitter, Nvidia and Tesla were among the worst performers. Meanwhile, utilities and telecommunications firms gained. The Dow Jones sank 345 points, or 1.4%, to 23,858; the S&P 500 dropped 46 points, or 1.7%, to 2,613; and the Nasdaq shed 212 points, or 2.9%, to 7,009.2018-03-27T19:47:59"
US Stocks Trade Mixed,Stock Market,"US Stocks Trade MixedUnited States Stock MarketWall Street traded mixed on Tuesday as investors digest global trade relations. The Dow Jones rose 198 points or 0.8% and the S&P 500 added 12 points or 0.4% while the Nasdaq fell 9 points or 0.1% around 12:20 PM NY time. On Monday, the 3 key stock indexes rallied, rebounding from the worst week since 2016 as trade fears eased after the US and Chinese authorities started talks to improve US access to Chinese markets and the US Treasury Secretary Steven Mnuchin said he is cautiously hopeful a deal could be reached.2018-03-27T16:29:53.177"
Richmond Fed Manufacturing Index Below Forecasts,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index Below ForecastsUnited States Richmond Fed Manufacturing IndexThe Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 15 in March of 2018 from 28 in February of 2018 which was the second highest value on record. Figures came below market expectations of 23 amid declines in shipments (15 from 31); new orders (17 from 27); backlogs of orders (10 from 18); finished goods inventories (5 from 17); number of employees (11 from 25); and average workweek (12 from 28). Also, prices paid accelerated (2.39 from 1.89) while received eased slightly (1.54 from 1.57). 
2018-03-27T14:07:28.9"
US House Prices Rise More than Expected: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise More than Expected: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite home price index of 20 metropolitan areas in the US rose 6.4 percent year-on-year in January of 2018, following a 6.3 percent advance in December and above market expectations of a 6.2 percent gain. Seattle (12.9 percent), Las Vegas (11.1 percent) and San Francisco (10.2 percent) reported the highest year-over-year gains among the 20 cities. Meanwhile, the national index, covering all nine US census divisions rose 6.2 percent, below 6.3 percent in the previous month.2018-03-27T13:06:53"
Dollar Index Hits 5-week Low,currency,Dollar Index Hits 5-week LowUnited States currencyUS Dollar decreased to a 5-week low of 88.972018-03-27T06:38:51.927
The Dow Jones Index rose 2.80%,Stock Market,"The Dow Jones Index rose 2.80%United States Stock MarketUnited States Stock Market rose 659 points. Leading the gains are Microsoft (5.92%), Intel (4.68%) and Apple (3.33%).2018-03-26T21:00:04.717"
US Stocks Surge,Stock Market,"US Stocks SurgeUnited States Stock MarketWall Street closed sharply higher on Monday, rebounding from the worst week since 2016 as trade fears eased after the US and Chinese authorities started talks to improve US access to Chinese markets and the US Treasury Secretary Steven Mnuchin said he is cautiously hopeful a deal could be reached. The Dow Jones jumped 669 points or 2.8% to 24203; the S&P 500 surged 70 points or 2.7% to 2659; and the Nasdaq closed 228 points or 3.3% higher at 7221.2018-03-26T20:09:42.9"
Dallas Fed Manufacturing Index Falls From 12-Year High,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Falls From 12-Year High United States Dallas Fed Manufacturing IndexThe Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas dropped to 21.4 in March of 2018 from 37.2 in February which was the highest reading since December of 2005. Figures compare with market expectations of 33.5. A slowdown was recorded for production (12.7 from 27.9); new orders (8.3 from 25.3); shipments (9.3 from 32.1); finished goods inventories (1.8 from 7.6); employment (10.8 from 19.1); hours worked (9.4 from 16.3); wages and benefits (22.9 from 32.2); and capacity utilization (9.6 from 19.6). Also, prices received eased (18.5 from 22.5) while prices paid for raw materials increased faster (41.4 from 39.8). The index of future general business activity went down to 32 from 40.6. 
2018-03-26T14:41:16.58"
US Stocks Recover,Stock Market,"US Stocks RecoverUnited States Stock MarketWall Street opened sharply higher on Monday, attempting to recover from the worst week since 2016 as trade fears eased after the US and Chinese authorities started talks to improve US access to Chinese markets and the US Treasury Secretary Steven Mnuchin said he is cautiously hopeful a deal could be reached. Dow Jones jumped 422 points or 1.8%, the S&P 500 surged 43 points or 1.7% and the Nasdaq traded 134 points or 2% around around 8 minutes after the opening bell.2018-03-26T13:42:16"
Chicago Fed Index Beats Forecasts,Chicago Fed National Activity Index,"Chicago Fed Index Beats ForecastsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index jumped to 0.88 in February of 2018 from a downwardly revised 0.02 in the previous month, beating market expectations of 0.15. It is the highest reading in four months, led by improvements in production-related indicators. The contribution from production-related indicators increased to 0.5 from -0.15; the sales, orders, and inventories category made a contribution of +0.09, up from +0.03; employment-related indicators contributed +0.31, higher than +0.24; and the contribution of the personal consumption and housing category moved up to –0.02 from –0.10.2018-03-26T12:36:56"
Dollar Falls on Monday,Currency,"Dollar Falls on MondayUnited States CurrencyThe dollar weakened further on Monday March 26th 2018 amid uncertainties regarding trade relations between the US and China. The dollar index which measures the dollar value against a basket of major currencies declined 0.3% to 89.2 around 7:15 AM NY time, the lowest since February 16th.2018-03-26T11:16:34.557"
Dollar Index Hits 5-week Low,currency,Dollar Index Hits 5-week LowUnited States currencyUS Dollar decreased to a 5-week low of 89.212018-03-26T09:39:07.657
The Dow Jones Index dropped 1.77%,Stock Market,"The Dow Jones Index dropped 1.77%United States Stock MarketUnited States Stock Market fell 425 points. Leading the losses are DowDuPont Inc (-4.11%), 3M (-3.95%) and Goldman Sachs (-2.99%).2018-03-23T21:00:03.297"
US Stocks Have Worst Week Since 2016,Stock Market,"US Stocks Have Worst Week Since 2016United States Stock MarketThe sell-off in Wall Street continued on Friday, erasing small gains at the open amid mounting fears of a trade war between the US and China. On Thursday, President Trump announced it will impose restrictions on Chinese investment and tariffs on nearly $50 billion worth of Chinese imports. China responded with plans to target 128 US products accounting for roughly $3 billion in imports. The Dow Jones slumped 425 points or 1.8% to 23533; the S&P 500 sank 53 points or 2.1% to 2589; the Nasdaq went down 174 points or 2.4% to 6993. On the week, the Dow lost 5.7%; the S&P fell 5.9%; and the Nasdaq declined 6.5%. It is the worst week since January of 2016. 2018-03-23T20:27:26.777"
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyUS Dollar decreased to a 4-week low of 89.392018-03-23T18:49:31.157
US New Home Sales Fall for 3rd Month,New Home Sales,US New Home Sales Fall for 3rd MonthUnited States New Home SalesSales of new single-family houses in the United States shrank 0.6 percent month-over-month to a seasonally adjusted annual rate of 618 thousand in February of 2018 from an upwardly revised 622 thousand in January. It is the lowest reading in four months and compares with market forecasts of a 4.4 percent rise to 623 thousand. Sales fell in the West and the Midwest. 2018-03-23T14:04:01.323
US Stocks Attempt to Recover,Stock Market,"US Stocks Attempt to RecoverUnited States Stock MarketWall Street opened in the green on Friday, attempting to recover from a big sell-off in the previous session after the Chinese authorities responded to President Trump's $50 billion tariffs with plans to target 128 US products accounting for roughly $3 billion in imports. The Dow Jones added 93 points or 0.4%; the S&P 500 went up 7 points or 0.3%; the Nasdaq traded 8 points or 0.1% higher around 7 minutes after the opening bell.2018-03-23T13:45:47"
US Durable Goods Orders Rebound in February,Durable Goods Orders,"US Durable Goods Orders Rebound in FebruaryUnited States Durable Goods OrdersNew orders for US manufactured durable goods rose 3.1 percent month-over-month in February 2018, rebounding from a downwardly revised 3.5 percent drop in January and beating market expectations of a 1.5 percent gain. It was the steepest increase in new orders since last June, as demand for transportation equipment soared 7.1 percent.2018-03-23T12:33:36.66"
The Dow Jones Index dropped 3.01%,Stock Market,"The Dow Jones Index dropped 3.01%United States Stock MarketUnited States Stock Market fell 744 points. Leading the losses are Caterpillar (-3.84%), JPMorgan Chase (-3.83%) and Boeing (-3.53%).2018-03-22T21:00:03.89"
US Stocks Tumble on Trade War Worries,Stock Market,"US Stocks Tumble on Trade War WorriesUnited States Stock MarketUS stocks closed sharply lower Thursday on fears that trade tensions will spike between the US and China, after the Trump administration announced it will impose restrictions on Chinese investment and tariffs on nearly $50 billion worth of Chinese imports. Technology and bank shares were among the worst performers. The Dow Jones fell 724 points, or 2.9%, to 23,958; the S&P 500 declined 68 points, or 2.5%, to 2,644; and the Nasdaq dropped 179 points, or 2.4%, to 7,167.2018-03-22T20:10:08"
US Stocks Slump on Thursday,Stock Market,"US Stocks Slump on ThursdayUnited States Stock MarketWall Street traded sharply lower on Thursday amid rising trade war concerns after news that President Trump would propose tariffs on Chinese goods. The Dow Jones declined 266 points or 1.1%, the S&P 500 fell 23 points or 0.9% and the Nasdaq traded 73 points or 1% lower around 10 AM NY time.2018-03-22T14:08:00.997"
US Private Sector Growth Remains Solid in March: Markit,Composite Pmi,"US Private Sector Growth Remains Solid in March: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI declined to 54.3 in March 2018 from 55.8 in the previous month and missing market expectations of 55.7, the preliminary estimate showed. Still, the latest figure pointed to another strong increase in private sector output, driven by solid rises in both manufacturing production (PMI at 55.7 vs 55.3 in February) and service sector activity (PMI at 54.1 vs 55.9 in February). New order volumes expanded at a sharp rate and employment growth picked up to highest since May 2015. Moreover, business confidence towards growth prospects over the coming 12 months remained among the strongest seen over the past three years.2018-03-22T13:54:07"
US Factory Growth Highest in 3 Years,Manufacturing PMI,"US Factory Growth Highest in 3 YearsUnited States Manufacturing PMIThe IHS Markit Manufacturing PMI for the US edged up to 55.7 in March of 2018 from 55.3 in February, beating market expectations of 55.5. The reading pointed to the fastest expansion in the manufacturing sector in 3 years, preliminary estimates showed. Stronger contributions came from employment, inventories and suppliers’ delivery times.2018-03-22T13:53:13.017"
US Services Activity Growth Eases in March: Markit,Services PMI,"US Services Activity Growth Eases in March: MarkitUnited States Services PMIThe IHS Markit US Services PMI fell to 54.1 in March 2018 from the previous month's six-month high of 55.9 and below market expectations of 55.8, the preliminary estimate showed. Still, the latest reading signalled a further solid expansion of service sector output, as new business growth remained closed to February's near three-year high and employment rose the most since September 2015.2018-03-22T13:50:39"
US House Prices Rise 0.8% in January: FHFA,FHFA House Price Index MoM,"US House Prices Rise 0.8% in January: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.8 percent month-over-month in January of 2018, following an upwardly revised 0.4 percent gain in December and above market expectations of 0.5 percent. Year-on-year, house prices went up 7.3 percent.2018-03-22T13:03:09.317"
US Jobless Claims Rise to 229K in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise to 229K in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits edged up to 229,000 in the week ended March 17th 2018, from an unrevised 226,000 in the previous week. Figures came slightly above market expectations of 225,000. According to unadjusted data, the biggest rises in initial claims were seen in NY (1,276), New Jersey (554) and Connecticut (528) while the sharpest falls were recorded in California (-1,871), Georgia (-1,049) and Michigan (-891). Claims taking procedures in Puerto Rico (-481) and in the Virgin Islands (1) have still not returned to normal.2018-03-22T12:35:00"
Fed Hikes Interest Rates as Expected,Interest Rate,"Fed Hikes Interest Rates as Expected United States Interest RateThe Federal Reserve raised the target range for the federal funds rate by a quarter point to 1.5-1.75 percent during its March 2018 meeting, in line with market expectations, saying the economic outlook has strengthened in recent months. Also, the Fed raised its growth forecasts for 2018 and 2019 and projections pointed to an extra rate increase in 2019. 2018-03-21T18:02:00"
Stocks of Crude Oil in the US Unexpectedly Fall,Crude Oil Stocks Change,"Stocks of Crude Oil in the US Unexpectedly FallUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States declined by 2.622 million barrels in the week ended March 16th 2018, after a 5.022 million increase in the previous period and compared to market expectations of a 2.6 million rise. It was the largest decline in crude oil stocks in nine weeks. Meanwhile, gasoline inventories fell 1.693 million after slumping by 6.271 million in the previous week which was the biggest decline since September. It compared to forecasts of a 2.008 million drop.2018-03-21T14:34:58.603"
US Existing Home Sales Rise More than Expected,Existing Home Sales,"US Existing Home Sales Rise More than ExpectedUnited States Existing Home SalesSales of previously owned houses in the US jumped 3 percent mom to a seasonally adjusted annual rate of 5.54 million in February of 2018 from 5.38 million in January. It compares with market expectations of a 0.5 percent rise to 5.4 million. Sales of single family houses went up 4.2 percent to 4.96 million, following a 3.8 percent drop in January while sales of condos shrank 6.5 percent to 0.580 million after a 1.6 percent rise. The median house price increased to $241,700 from $240,800 in January and the months' worth of supply was steady at 3.4. In addition, the number of houses available in the market increased to 1.590 million. Year-on-year, existing home sales went up 1.1 percent.2018-03-21T14:07:52.93"
US Current Account Gap Highest Since 2008,Current Account,"US Current Account Gap Highest Since 2008United States Current AccountThe US current account deficit increased to USD 128.2 billion or 2.6 percent of GDP in the fourth quarter of 2017. It compares with an upwardly revised USD 101.5 billion gap in the third quarter or 2.1 percent of GDP and market forecasts of a USD 125 billion shortfall. It is the biggest current account deficit since the last three months of 2008. The deficit on goods increased to USD 214.3 billion from USD 195.3 billion as imports rose more than exports; the deficit on secondary income widened to USD 31.5 billion from USD 24.7 billion as receipts decreased and payments went up; the primary income surplus narrowed to USD 57.2 billion from USD 58.5 billion as payments increased more than receipts. On the other hand, the services surplus increased to USD 60.4 billion from USD 60.0 billion.2018-03-21T12:38:03"
US Mortgage Applications Decline for 1st Time in 4 Weeks,Mortgage Applications,"US Mortgage Applications Decline for 1st Time in 4 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States fell 1.1 percent in the week ended March 16th 2018, following a 0.9 percent increase in the previous period, data from the Mortgage Bankers Association showed. Refinance applications shrank 4.5 percent while applications to purchase a home went up 1.4 percent. The average fixed 30-year mortgage rate edged down by 1bps 4.68 percent2018-03-21T11:06:33"
US Stocks Recover on Tuesday,Stock Market,"US Stocks Recover on TuesdayUnited States Stock MarketWall Street recovered on Tuesday 20 March 2018 as the Fed monetary policy meeting kicks off and oil prices jump more than 2 percent. On Monday, stocks fell sharply after a plunge in Facebook shares that continued on Tuesday. The Dow Jones went up 116 points or 0.5% to 24727. The S&P 500 edged up 4 points or 0.2% to 2717. The Nasdaq gained 20 points or 0.3% to 7364.2018-03-20T20:09:02"
US Stocks Attempt to Rebound,Stock Market,"US Stocks Attempt to ReboundUnited States Stock MarketWall Street attempted to recover on Tuesday as the Fed monetary policy meeting kicks off and oil prices jump more than 2%. On Monday, stocks fell sharply after a plunge in Facebook shares dragged the tech sector down. The Dow Jones went up 159 points or 0.6%; the S&P 500 increased 5 points or 0.2%; and the Nasdaq added 13 points or 0.2% around 11:40 AM NY time. Meanwhile, Facebook shares lost 5.2%.2018-03-20T15:46:47"
United States Stock Market decreased 1.34%,Stock Market,"United States Stock Market decreased 1.34%United States Stock MarketThe Dow Jones Index decreased 335 points. Losses were driven by Caterpillar (-3.73%), DowDuPont Inc (-3.34%) and Goldman Sachs (-3.01%).2018-03-19T21:00:03.457"
US Stocks Close Sharply Lower on Monday,Stock Market,"US Stocks Close Sharply Lower on MondayUnited States Stock MarketWall Street traded sharply lower on Monday 19 March 2018 with the tech sector facing the steepest selling pressure after Facebook shares plunged 6.8% on reports of data misuse. Also, major industrial stocks were dragged lower on fears of a potential global trade war and expectations of a Fed rate hike later in the week. The Dow Jones lost 336 points or 1.4% to 24611. The S&P 500 plunged 39 points or 1.4% to 2713. The Nasdaq plummeted 138 points or 1.8% to 7344.2018-03-19T20:25:03"
US Stocks Tumble,Stock Market,"US Stocks TumbleUnited States Stock MarketThe Dow Jones Index is dropping 325 points. Leading the losses are Caterpillar (-3.40%), DowDuPont Inc (-2.99%) and Cisco Systems (-2.58%).2018-03-19T16:30:02"
US Stocks Edge Higher to Book Weekly Losses,Stock Market,"US Stocks Edge Higher to Book Weekly LossesUnited States Stock MarketWall Street closed mostly in the green on Friday 16 March 2018 as rising trade war tensions offset the highest consumer sentiment in the US since January of 2004. On Friday, The Dow Jones gained 73 points or 0.3% to 24947. The S&P 500 edged up 5 points or 0.2% to 2752. In contrast, the Nasdaq stayed practically unchanged. During the week, the three major indices booked weekly losses, with the Dow Jones declining 1.5%; the S&P 500 1.2%; and the Nasdaq 1.0%. 2018-03-16T20:18:55.85"
US Consumer Sentiment Highest in 14 Years,Consumer Confidence,"US Consumer Sentiment Highest in 14 YearsUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States jumped to 102 in March of 2018 from 99.7 in February, beating market expectations of 99.3. It is the highest reading since January of 2004, due to a new all-time record favorable assessment of current economic conditions, preliminary estimates showed.
2018-03-16T14:05:08.03"
US Job Openings Hit All-Time High in January,Job Offers,"US Job Openings Hit All-Time High in JanuaryUnited States Job OffersThe number of job openings in the United States increased to an all time high of 6.312 million in January 2018 from a downwardly revised 5.667 million in the previous month and way above market expectations of 5.890 million. There were more open positions in professional and business services (215,000), transportation, warehousing, and utilities (113,000), construction (101,000), and several other industries. The number of job openings increased in the South, Midwest, and West regions.2018-03-16T14:03:59"
US Industrial Output Rises More than Expected,Industrial Production Mom,"US Industrial Output Rises More than ExpectedUnited States Industrial Production MomUS industrial production increased by 1.1 percent month-over-month in February 2018, following an upwardly revised 0.3 percent drop in January and easily beating market expectations of a 0.3 percent gain. Manufacturing production increased the most since October and mining output rebounded sharply, mostly reflecting strong gains in oil and gas extraction. By contrast, utilities output fell 4.7 percent, as warmer-than-normal temperatures last month reduced the demand for heating.2018-03-16T13:17:38.583"
US Housing Starts Drop in February,Housing Starts,"US Housing Starts Drop in FebruaryUnited States Housing StartsHousing starts in the US fell 7 percent month-over-month to an annualized rate of 1,236 thousand in February of 2018, following an upwardly revised 10.1 percent jump in January. It compares with market expectations of a 1,290 thousand rate. Construction of multi-family housing units was the lowest in five months while single-family projects rose for the second month. 2018-03-16T12:35:58"
US Building Permits Fall 5.7% in February,Building Permits,"US Building Permits Fall 5.7% in FebruaryUnited States Building PermitsBuilding permits in the United States decreased 5.7 percent from the previous month to a seasonally adjusted annual rate of 1,298 thousand in February 2018, while markets were expecting a smaller decline to 1,320 thousand. Permits for the construction of multi-family homes dropped 14.8 percent to 385 thousand and single-family authorizations fell 0.6 percent to 872 thousand. Across US regions, permits decreased in the South (-12.4 percent) and the West (-3.4 percent), but rose in the Northeast (12.7 percent) and the Midwest (3.4 percent).2018-03-16T12:34:38"
US Stocks Closed Mixed on Thursday,Stock Market,"US Stocks Closed Mixed on ThursdayUnited States Stock MarketWall Street closed mixed on Thursday 15 March 2018 as investors tried to shrug off trade war fears fueled by slow NAFTA negotiation rounds and the imposition of tariffs on US imports of steel and aluminum. The Dow Jones gained 116 points or 0.5% to 24874. In contrast, the S&P 500 edged down 2 points or 0.1% to 2747, whereas the Nasdaq lost 15 points or 0.2% to 7482. 2018-03-15T20:06:43.223"
US Net Treasury Capital Inflows Beat Expectations,Capital Flows,"US Net Treasury Capital Inflows Beat ExpectationsUnited States Capital FlowsOverseas investors bought USD 119.7 billion of US assets, including short-dated instruments in January of 2018, after selling USD 122.5 billion in the previous month. The figure contrasted sharply with market expectations of USD 43.1 billion of purchased assets. Meanwhile, foreigners bought USD 62.3 billion of long-term US securities, including government and corporate, after buying USD 23.3 billion in the previous month. Foreign investors bought USD 8.4 billion of Treasures in December after selling USD 16.0 billion in the previous month.2018-03-15T20:05:24"
Dow Jumps on Thursday,Stock Market,"Dow Jumps on ThursdayUnited States Stock MarketWall Street traded in the green on Thursday morning as investors try to shrug off trade war fears. The Dow Jones was up 265 points or 1.1%, with UnitedHealth shares jumping 2.3% and Boeing rising 0.5%; the S&P 500 gained 11 points or 0.4%; and the Nasdaq gained 22 points or 0.3% around 11:35 AM NY time.2018-03-15T15:41:16.767"
US Home Builder Sentiment Drops in March,Nahb Housing Market Index,"US Home Builder Sentiment Drops in MarchUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States fell to 70 in March of 2018 from a downwardly revised 71 in February and below market expectations of 71. The index charting sales expectations in the next six months went down 2 points to 78 and the component measuring buyer traffic declined 3 points to 54. On the other hand, the component gauging current home sales was flat at 77.
2018-03-15T14:06:02.363"
Philadelphia Manufacturing Index Falls More than Expected,Philadelphia Fed Manufacturing Index,"Philadelphia Manufacturing Index Falls More than ExpectedUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the United States fell to 22.3 in March of 2018 from 25.8 in February, below market expectations of 23. Nearly 37 percent of the manufacturers reported increases in overall activity in March, while 14 percent reported decreases. The index for the average workweek went down (12.8 from 13.7) and prices received (20.7 from 23.9) slowed more than paid (42.6 from 45). On the other hand, the indexes for current new orders (35.7 from 24.5) and shipments (32.4 from 15.5) recorded notable improvements. Also, inventories rebounded (16.5 from -0.9); unfilled orders increased (20.1 from 14.5) and delivery times lengthened (14 from 4.5).2018-03-15T12:41:23"
US Export Prices Rise 0.2% in February,Export Prices MoM,"US Export Prices Rise 0.2% in FebruaryUnited States Export Prices MoMPrices for US exports rose 0.2 percent month-over-month in February of 2018, easing from a revised 0.8 percent gain in January and below market expectations of a 0.3 percent increase. Prices of non-agricultural goods advanced 0.2 percent compared to a 0.8 percent rise in January, amid gains in materials, consumer and capital goods, and motor vehicles. Meantime, prices of agricultural exports went up 0.6 percent, the most since October last year, after a 0.1 percent increase in the previous month, mainly driven by higher prices of corn (7.2 percent) and soybeans (2.5 percent). Year-on-year, export prices jumped 3.3 percent in February.2018-03-15T12:37:28"
Business Activity in New York State Remains Strong,NY Empire State Manufacturing Index,"Business Activity in New York State Remains Strong United States NY Empire State Manufacturing IndexThe headline general business conditions index of the Empire State Manufacturing Survey climbed nine points to 22.5. The new orders index rose to 16.8 (13.5 in February) and the shipments index advanced to 27 (12.5 in February). Also, unfilled orders increased (12.7 from 4.9), delivery times lengthened (16.2 from 11.1), and inventories edged higher (5.6 from 4.9). Labor market indicators showed an increase in employment (9.4 from 10.9) and hours worked (5.9 from 4.6). On the price front, the prices paid index moved up further (50.3 from 48.5) while the prices received index held steady (22.4 from 21.5). Firms remained optimistic about future business conditions, though less so than last month, and capital spending plans remained strong.2018-03-15T12:33:25"
US Jobless Claims Fall to 226K as Expected,Initial Jobless Claims,"US Jobless Claims Fall to 226K as ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits went down to 226 thousand in the week ended March 10 2018 from a downwardly revised 230 thousand in the previous week, in line with market expectations.Claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal.



2018-03-15T12:33:01"
US Import Prices Rise 0.4% Despite a Fall in Fuel Cost,Import Prices MoM,"US Import Prices Rise 0.4% Despite a Fall in Fuel CostUnited States Import Prices MoMUS import prices rose 0.4 percent month-over-month in February 2018, beating market expectations of 0.2 percent and following a downwardly revised 0.8 percent advance in January. The price index for nonfuel imports advanced 0.5 percent in February, the same pace as in the previous month, boosted by higher costs for capital goods; consumer goods; nonfuel industrial supplies and materials; foods, feeds, and beverages; and automotive vehicles. Meanwhile, prices for imported fuel fell 0.6 percent in February, the first monthly decline since July, as petroleum prices moved down 0.5 percent and prices for natural gas dropped 3 percent. Year-on-year, import prices advanced 3.5 percent in February.2018-03-15T12:32:02"
US 10Y Bond Yield Hits 5-week Low,Government Bond 10Y,US 10Y Bond Yield Hits 5-week Lowunited states Government Bond 10YUnited States 10 Year Government Bond Yield decreased to a 5-week low of 2.8007%2018-03-15T00:42:23.75
United States Stock Market decreased 1.08%,Stock Market,"United States Stock Market decreased 1.08%United States Stock MarketThe Dow Jones Index decreased 271 points. Losses were driven by DowDuPont Inc (-2.55%), Boeing (-2.39%) and Coca-Cola (-1.74%).2018-03-14T21:00:04.94"
US Stocks Slide on Trade War Concerns,Stock Market,"US Stocks Slide on Trade War Concerns United States Stock MarketWall Street closed in the red on Wednesday 14 March 2018, led by a slide in Boeing shares (-2.7%) amid increasing fears of a trade war between the US and China. The Dow Jones lost 249 points or 1.0% to 24758. The S&P 500 declined 16 points or 0.6% to 2749. The Nasdaq edged down 14 points or 0.2% to 7497.2018-03-14T20:06:41"
US Stocks Fall on Wednesday,Stock Market,"US Stocks Fall on WednesdayUnited States Stock MarketThe Dow Jones Index is dropping 287 points. Leading the losses are General Electric (-5.10%), Boeing (-3.94%) and American Express (-3.90%).2018-03-14T16:30:04"
US Crude Oil Inventories Rise the Most in 7 Weeks,Crude Oil Stocks Change,"US Crude Oil Inventories Rise the Most in 7 WeeksUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up 5.022 million barrels in the week ended March 9th, after a 2.408 million increase in the previous period and way above market expectations of a 2.023 million rise. It was the largest build in crude oil stocks in seven weeks. Meanwhile, gasoline inventories fell 6.271 million, the biggest decline since September, following a 0.788 million decrease in the previous week and compared to forecasts of a 1.176 million drop.2018-03-14T14:32:49"
US Business Inventories Growth in Line with Forecasts,Business Inventories,"US Business Inventories Growth in Line with ForecastsUnited States Business InventoriesManufacturers’ and trade inventories in the United States rose 0.6 percent month-over-month in January of 2018, the same as an upwardly revised 0.6 percent increase in December and in line with market expectations. Stocks at autos and parts rebounded (1.7 percent compared to -0.3 percent in December) and inventories rose faster at retailers (0.7 percent compared to 0.3 percent) and wholesalers (0.8 percent compared to 0.7 percent). On the other hand, stocks at manufacturers rose at a slower 0.3 percent (0.7 percent). Inventories excluding autos, which go into the calculation of GDP, edged up 0.1 percent, below than 0.3 percent in December. Business sales fell 0.2 percent, the biggest drop since July 2016.2018-03-14T14:12:05.003"
US Retail Sales Fall for 3rd Straight Month,Retail Sales MoM,"US Retail Sales Fall for 3rd Straight MonthUnited States Retail Sales MoMUS retail trade fell unexpectedly by 0.1 percent month-over-month in February 2018, following a downwardly revised 0.1 drop in January and missing market expectations of a 0.3 percent gain. It was the third consecutive month of decline in retail trade, mainly due to lower sales at motor vehicle & parts dealers and gasoline stations. Excluding automobiles, gasoline, building materials and food services, retail sales edged up 0.1 percent last month after being unchanged in January.2018-03-14T12:33:34"
US Producer Prices Rise More than Expected,Producer Price Inflation MoM,"US Producer Prices Rise More than Expected United States Producer Price Inflation MoMProducer prices for final demand in the US advanced 0.2 percent in February, following a 0.4 percent increase in January and above market expectations of a 0.1 percent gain. Prices of services rose 0.3 percent, the same pace as in January, mainly boosted by higher cost of hotel accommodation, healthcare, airline fares and bundled wired telecommunications. In contrast, prices of goods decreased 0.1 percent, the first drop since May, from a 0.7 percent gain in January. Gasoline prices fell 1.6 percent after rising 7.1 percent in the prior month. The index for final demand less foods, energy, and trade services climbed 0.4 percent, the same pace as in January. 


2018-03-14T12:33:19"
US Mortgage Applications Rise in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Rise in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States rose 0.9 percent in the week ended March 9th 2018, following a 0.3 percent increase in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home went up 3.4 percent while refinance applications fell 2.2 percent. The average fixed 30-year mortgage rate increased by 4bps 4.69 percent, the highest since January 2014.2018-03-14T11:03:22.38"
US Stocks Retreat on Tuesday,Stock Market,"US Stocks Retreat on TuesdayUnited States Stock MarketWall Street closed in the red on Tuesday 13 March 2018 after inflation data (2.2 percent in February) came in line with expectations while President Trump announced Mike Pompeo, director of the CIA will replace Rex Tillerson as a Secretary of State, triggering a tech selloff that snapped the Nasdaq’s 7-day winning streak. The Dow Jones lost 172 points or 0.7% to 25007. The S&P 500 retreated 18 points or 0.6% to 2765. The Nasdaq plunged 77 points or 1.0% to 7511.2018-03-13T20:05:51"
US Stocks Rise on Tuesday,Stock Market,"US Stocks Rise on TuesdayUnited States Stock MarketWall Street opened higher on Tuesday after inflation data came in line with expectations while President Trump announced Mike Pompeo, director of the CIA will replace Rex Tillerson as a Secretary of State. The Dow Jones added 118 points or 0.5%; the S&P 500 rose 14 points or 0.5%; and the Nasdaq gained 44 points or 0.6% around 10 minutes after the opening bell. 2018-03-13T13:47:26"
US Inflation Rate Edges Up to 2.2%,Inflation Rate,"US Inflation Rate Edges Up to 2.2%United States Inflation RateConsumer prices in the United States increased 2.2 percent year-on-year in February of 2018, slightly above 2.1 percent in January and in line with market expectations. The monthly rate eased to 0.2 percent from 0.5 percent, also matching forecasts. Prices rose for shelter, apparel, and motor vehicle insurance while food index was unchanged and energy increased only slightly. 2018-03-13T12:33:12.837"
US Small Business Optimism at Near Record High,NFIB Business Optimism Index,"US Small Business Optimism at Near Record HighUnited States NFIB Business Optimism IndexThe NFIB's Index of Small Business Optimism in the US rose by 0.7 points from the previous month to 107.6 in February 2018, beating market expectations of 107.1. It was the highest reading since a record high of 107.7 reached in July 1983, as owners expecting higher real sales rose 3 points to a net 28 percent, one of the best readings since 2007, and those expecting an improvement in economic activity went up 2 points to a net 43 percent. Also, gains were seen in current inventory (up 2 points to -3 percent); plans to increase inventories (up 1 point to 4 percent); expected credit conditions (up 1 point to -3 percent); and earnings trends (up 1 point to -3 percent). For the first time since 2006, taxes received the fewest votes as the number 1 business problem for small business, while owners had difficulty in finding qualified workers.2018-03-13T10:09:06"
US Stocks Close Mixed on Monday,Stock Market,"US Stocks Close Mixed on MondayUnited States Stock MarketWall Street closed mixed on Monday 12 March 2018, as trade-war fears arising by the recently announced tariffs to US imports of steel and aluminum triggered criticisms from global leaders and investors. The Dow Jones closed down 157 points or 0.6% to 25179. The S&P 500 edged down 4 points or 0.1% to 2783. In contrast, the Nasdaq gained 28 points or 0.4% to a new high of 7588. 2018-03-12T20:14:25"
US February Budget Gap Highest since 2012,Government Budget Value,"US February Budget Gap Highest since 2012United States Government Budget ValueThe US government budget deficit widened to USD 215 billion in February of 2018 from USD 192 billion in the same month of the previous year, compared to market expectations of USD 216 billion. It is the biggest gap for a February month since 2012 as receipts declined 9.4 percent year-on-year to USD 155.6 billion while outlays increased 1.9 percent to USD 370.9 billion. 2018-03-12T18:06:45.69"
US Stocks Trade Mixed,Stock Market,"US Stocks Trade MixedUnited States Stock MarketWall Street traded mixed on Monday afternoon after a strong open, mainly dragged down by industrial shares. The Dow Jones was down 123 points or 0.5% with Boeing slumping 2.6%; the S&P 500 declined 2 points or 0.1% while the Nasdaq gained 43 points or 0.6% around 1:05 PM NY time.2018-03-12T17:09:46.543"
US Stocks Surge on Friday amid Strong Payrolls,Stock Market,"US Stocks Surge on Friday amid Strong PayrollsUnited States Stock MarketWall Street closed deep in the green on Friday 9 March 2018, extending gains from the previous session after the jobs report showed the US economy added 313K jobs in February, the most since July of 2016 and comfortably beating expectations of 200K, nudging the Nasdaq to a new record high. The Dow Jones soared 429 points or 1.7% to 25325. The S&P 500 jumped 47 points or 1.7% to 2786. The Nasdaq surged 129 points or 1.7% to 7557. During the week, all three major indices booked strong gains, with the Dow Jones climbing 3.2%; the S&P 500 3.4%; and the Nasdaq 4.1%. 2018-03-09T21:01:12.877"
United States Stock Market increased 1.72%,Stock Market,"United States Stock Market increased 1.72%United States Stock MarketThe Dow Jones Index went up by 427 points. The rise was driven by Caterpillar (3.21%), American Express (2.70%) and Johnson & Johnson (1.57%).2018-03-09T21:00:05.683"
US Wholesale Inventories Rise More than Initially Estimated,Wholesale Inventories,"US Wholesale Inventories Rise More than Initially EstimatedUnited States Wholesale InventoriesUS wholesale inventories increased 0.8 percent month-over-month to USD 619.1 billion in January 2018, faster than 0.7 percent previously estimated and following an upwardly revised 0.7 percent gain in December. Stocks of non-durable goods rose 1.8 percent (vs 1.1 percent in December) and those of durable goods went up 0.2 percent (vs 0.4 percent in December). Wholesale stocks excluding autos, which goes into the calculation of GDP, increased 0.9 percent in January.2018-03-09T15:06:36.523"
US Stocks Rise amid Strong Payrolls,Stock Market,"US Stocks Rise amid Strong PayrollsUnited States Stock MarketWall Street opened higher on Friday, extending gains from the previous session after the jobs report showed the US economy added 313K jobs, the most since July of 2016. The Dow Jones was up 153 points or 0.6%, the S&P 500 added 15 points or 0.5% and the Nasdaq gained 48 points or 0.7% around 5 minutes after the opening bell. 2018-03-09T14:35:56"
US Economy Adds the Most Jobs since July 2016,Non Farm Payrolls,"US Economy Adds the Most Jobs since July 2016United States Non Farm PayrollsNon farm payrolls in the United States increased by 313 thousand in February of 2018, following an upwardly revised 239 thousand in January and beating market expectations of 200 thousand. Employment rose in construction, retail trade, professional and business services, manufacturing, financial activities, and mining.2018-03-09T13:32:38"
US February Jobless Rate Unchanged at 17-Year Low,Unemployment Rate,"US February Jobless Rate Unchanged at 17-Year LowUnited States Unemployment RateThe US unemployment rate stood at 4.1 percent in February 2018, unchanged from the previous month's 17-year low and slightly above market expectations of 4 percent. The number of unemployed increased by 22 thousand to 6.71 million while employment rose by 785 thousand to 155.22 million. The labor force participation rate rose by 0.3 percentage points to 63 percent, the highest in five months.2018-03-09T13:30:52"
US Stocks Rise After Tariff Exclusions,Stock Market,US Stocks Rise After Tariff ExclusionsUnited States Stock MarketWall Street closed in the green on Thursday as President Trump excluded Mexico and Canada from steel and aluminum tariffs and left the door opened for other countries. The Dow Jones added 94 points or 0.4% to 24895; the S&P 500 went up 12 points or 0.5% to 2739; the Nasdaq closed 31 points or 0.4% higher at 7428. 2018-03-08T21:51:50
US Jobless Claims Rise More than Expected,Initial Jobless Claims,"US Jobless Claims Rise More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits went up to 231 thousand in the week ended March 3rd 2018 from 210 thousand in the previous week which was the lowest since December of 1969. It compares with market expectations of 220 thousand. According to unadjusted data, the biggest rises in initial claims were seen in NY (18,348), California (12,189) and Washington (1,066). Claims in Puerto Rico declined by 206 and in Virgin Islands by 9. Claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal. 2018-03-08T13:33:01"
US Job Cuts Fall to 35.4K in February: Challenger,Challenger Job Cuts,"US Job Cuts Fall to 35.4K in February: Challenger United States Challenger Job CutsJob cuts announced by US-based employers declined 20 percent to 35,369 in February of 2018 from 44,653 in January. Retailers cut the most jobs (6,106), followed by services (5,038); health care/products (3,861); consumer products (3,162); transportation (2,535); food (1,887) and industrial goods (1,406). Year-on-year, job cuts fell 4.3 percent. So far this year, employers have announced 80,022 cuts, 3.5 percent lower than through February last year. This is the lowest number of announced job cuts between January and February since 1995, when 69,907 cuts were announced.2018-03-08T12:36:22.687"
US Consumer Credit Climbs Below Expectations,Consumer Credit,"US Consumer Credit Climbs Below ExpectationsUnited States Consumer CreditConsumer credit in the United States rose by USD 13.91 billion in January of 2018, following an upwardly revised USD 19.21 billion gain in the previous month and below market expectations of USD 17.90 billion. Revolving credit edged up by USD 0.70 billion after rising by USD 6.10 billion in the previous month. Non-revolving credit went up by USD 13.20 billion, compared with a USD 13.10 billion gain in December. 2018-03-07T20:07:03.467"
US Crude Oil Inventories Rise Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Less than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up 2.408 million barrels in the week ended March 2nd, after a 3.019 million increase in the previous period and below market expectations of a 2.723 million rise. Meanwhile, gasoline inventories fell 0.788 million, the first decline in over a month, following a 2.483 million increase in the previous week and compared to forecasts of a 1.201 million drop.2018-03-07T15:34:41"
US Stocks Fall After Cohn Resignation,Stock Market,"US Stocks Fall After Cohn ResignationUnited States Stock MarketThe Dow Jones dropped 162 points, or 0.6%, to 24,724 right after the market opened on Wednesday, after Trump's economic adviser Gary Cohn resigned from the White House following the President's decision to impose steel and aluminum tariffs. Also, the S&P 500 retreated 13 points, or 0.5%, to 2,715; and the Nasdaq fell 23 points, or 0.3%, to 7,348.2018-03-07T14:45:06.817"
US Exports Fall From Record High,Exports,"US Exports Fall From Record HighUnited States ExportsUS exports fell 1.3 percent to $200.9 billion in January of 2018 as shipments of civilian aircraft and crude oil declined. Still, exports of consumer goods rose to a record high and those of motor vehicles, parts and engines were the highest since July 2014.2018-03-07T13:43:37.27"
US Imports Remain At All Time High,Imports,"US Imports Remain At All Time HighUnited States ImportsImports in the United States increased to 257.51 USD Billion in January of 2018 slightly shy from an all time high of  257.514 USD Billion reported in December of 2017. There was a decline in imports of cellphones and civilian aircraft while crude oil shipments increased by USD2.2 billion, reflecting higher prices.2018-03-07T13:41:02"
US Unit Labor Costs Rise 2.5% in Q4,Labour Costs,"US Unit Labor Costs Rise 2.5% in Q4United States Labour CostsUnit labor costs in the US nonfarm business sector rose an annualized 2.5 percent in the fourth quarter of 2017, above a preliminary estimate of 2 percent and after a revised 1 percent increase in the previous three-month period. It was the second straight rise, as hourly compensation advance was revised up to 2.4 percent. Considering full 2017, labor costs increased 0.4 percent, above a preliminary estimate of a 0.2 percent rise and following a 1.1 percent gain in 2016.




2018-03-07T13:34:49"
US Labour Productivity Flat in Q4,Productivity,"US Labour Productivity Flat in Q4United States ProductivityLabor productivity in the US nonfarm business sector was unchanged in the last quarter of 2017, a slight improvement from the preliminary estimate of a 0.1 percent drop but still the poorest performance since since a decline  in the first quarter of 2016.  The reading followed a downwardly revised 2.6 percent rise in the previous period, as an increase in output (3.2 percent) was offset by sharp gains in hours worked (3.3 percent). From the fourth quarter of 2016 to the fourth quarter of 2017, productivity increased 1.1 percent, reflecting a 3.2 percent increase in output and a 2.1 percent increase in hours worked. Considering full 2017, productivity grew 1.2 percent, matching the preliminary estimate and compared to a revised flat reading in 2016, with output and hours rising 2.9 percent and 1.6 percent, respectively.
2018-03-07T13:33:24"
US Posts Largest Trade Deficit in Over 9 Years,Balance of Trade,US Posts Largest Trade Deficit in Over 9 YearsUnited States Balance of TradeThe US trade deficit widened sharply to USD 56.6 billion in January 2018 from a revised USD 53.9 billion in the previous month and above market expectations of USD 55.1 billion. It was the biggest trade gap since October 2008 as imports were unchanged at a record high while exports fell. The politically sensitive trade deficit with China surged to the largest since September 2015 and that with Canada was the biggest in three years.2018-03-07T13:33:10
US Private Sector Employment Rises More Than Expected,ADP Employment Change,"US Private Sector Employment Rises More Than ExpectedUnited States ADP Employment ChangePrivate businesses in the United States hired 235 thousand workers in February 2018, compared with an upwardly revised 244 thousand in January and way above market expectations of 195 thousand. The service-providing sector added 198 thousand jobs, boosted by leisure and hospitality (50 thousand); professional and business (46 thousand); trade, transportation and utilities sector (44 thousand); education and health (43 thousand); financial activities (9 thousand); and other services (7 thousand). On the other hand, the information sector lost 1 thousand jobs. The goods-producing sector added 37 thousand jobs supported by construction (21 thousand), manufacturing (14 thousand) and natural resources and mining (2 thousand). Midsized companies were the ones hiring the most workers (97 thousand), followed by large (70 thousand) and small (68 thousand).2018-03-07T13:20:47.317"
US Mortgage Applications Rise for 2nd Week: MBA,Mortgage Applications,"US Mortgage Applications Rise for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States rose 0.3 percent in the week ended March 2nd, 2018, following a 2.7 percent increase in the previous period, data from the Mortgage Bankers Association showed. Refinance applications rose 1.5 percent while applications to purchase a home went down 0.5 percent. The average fixed 30-year mortgage rate increased by 1bps 4.65 percent, the highest since January 2014.2018-03-07T12:03:42"
US Stocks Edge Up on Tuesday,Stock Market,"US Stocks Edge Up on TuesdayUnited States Stock MarketWall Street closed moderately in the green on 6 March 2018, as uncertainty coming from recent events in US trade policy ameliorated. Tech stocks led by Mercado Libre (+5.0%) and Netflix (3.2%) outperformed on Tuesday. The Dow Jones inched up 9 points or less than 0.1% to 24884. The S&P 500 gained 7 points or 0.3% to 2728. The Nasdaq advanced 41 points or 0.6% to 7372. 2018-03-06T21:31:07"
US Factory Orders Fall 1.4% in January,Factory Orders,"US Factory Orders Fall 1.4% in JanuaryUnited States Factory OrdersNew orders for US manufactured goods slumped 1.4 percent month-over-month in January of 2018, following an upwardly revised 1.8 percent rise in December and slightly worse than market expectations of a 1.3 percent drop. It is the first decline in five months mostly due lower orders for transportation equipment (-10 percent vs +6.6 percent in December), namely motor vehicle bodies, parts and trailers (-0.5 percent compared to +0.4 percent), nondefense (-28.4 percent compared to +16.1 percent) and defense aircraft and parts (-45.6 percent compared to +47.8 percent). Also, machinery orders were down 0.4 percent  (+0.6 percent in December), namely ventilation, heating, air-conditioning, and refrigeration equipment (-1.3 percent compared to +2.8 percent). Orders for non-defense capital goods excluding aircraft, which are seen as a measure of business spending plans, went down 0.3 percent.2018-03-06T15:12:34"
US IBD/TIPP Economic Optimism Falls from 13-Month High,Economic Optimism Index,"US IBD/TIPP Economic Optimism Falls from 13-Month HighUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States fell 1.9 percent to 55.6 in March 2018 from a 13-month high of 56.7 in February, and missing market expectations of 58.2. The six-month economic outlook sub-index dropped 8 percent to 52.9 from last month’s 57.5, which had been the highest reading since October 2012. Meanwhile, the personal financial outlook sub-index remained unchanged at 63.8 in March, while the gauge measuring confidence in federal economic policies continued its upward trajectory, rising 2.7 percent, to 50.0 from 48.7 in February.This marks a return to positive territory for the first time in 13 months.2018-03-06T15:07:01"
US Stocks Recover on Monday,Stock Market,"US Stocks Recover on MondayUnited States Stock MarketWall Street opened in the red but recovered during late-morning trade and rallied on Monday 5 March 2018 as investors appear to shrug-off fears of a global trade war after President Trump announced steel and aluminum tariffs last week. On Monday, President Trump said those tariffs would only come off for Mexico and Canada if a new and fair NAFTA agreement is signed. The Dow Jones soared 337 points or 1.4% to 24875. The S&P 500 gained 30 points or 1.1% to 2721. The Nasdaq jumped 73 points or 1.0% to 7331.2018-03-05T21:07:46"
United States Stock Market increased 1.49%,Stock Market,"United States Stock Market increased 1.49%United States Stock MarketThe Dow Jones Index went up by 365 points. The rise was driven by Caterpillar (3.29%), Boeing (2.70%) and Home Depot (1.92%).2018-03-05T21:00:03.087"
US Stocks Reverse Declines,Stock Market,"US Stocks Reverse DeclinesUnited States Stock MarketWall Street opened in the red but recovered during late-morning trade on Monday as investors appear to shrug-off fears of a global trade war after President Trump announced steel and aluminium tariffs last week. On Monday, President Trump said those tariffs will only come off if a new and fair NAFTA agreement is signed. The Dow gained 180 points or 0.7%; the S&P 500 added 16 points or 0.6%; and the Nasdaq traded 50 points or 0.7% higher around 11:45 AM NY time. General Electric (3.4%),  Caterpillar (2.5%) and McDonald's (1.8%) were among the biggest gainers. 2018-03-05T16:46:57.76"
US Services Growth Slows Less than Expected,Non Manufacturing PMI,"US Services Growth Slows Less than ExpectedUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States edged down to 59.5 in February of 2018 from an over 12-year high of 59.9 in January, beating market forecasts of 59. A slowdown was seen in employment while production and new orders rose faster; price pressures eased; and the outlook for business conditions and the economy remained positive.2018-03-05T15:06:59.27"
US Services PMI at 6-Month High: Markit,Services PMI,"US Services PMI at 6-Month High: MarkitUnited States Services PMIThe IHS Markit US Services PMI rose to 55.9 in February of 2018 from 53.3 in January, matching the flash estimate. The reading pointed to the strongest growth in the services sector in six months as greater client demand boosted output and the acquisition of new clients and investment in new facilities led to the sharpest rise in new business in near three years. Also, job creation was the highest in six months. On the other hand, input cost inflation accelerated to the fastest since June of 2015 mainly due to fuel and raw material prices and output charges were also higher. Business confidence reached the strongest in 13 months due to upcoming marketing campaigns and more favourable domestic economic conditions.2018-03-05T14:53:08"
US Private Sector Grows the Most in Over 2 Years,Composite Pmi,"US Private Sector Grows the Most in Over 2 YearsUnited States Composite PmiThe IHS Markit US Composite PMI came in at 55.8 in February 2018, little-changed from the preliminary estimate of 55.9 and above January's final reading of 53.8. The figure pointed to the strongest pace of expansion in the private sector since November 2015, as service sector growth hit a six-month high (PMI at 55.9 vs 53.3 in January) while manufacturing output rose at a slower, but solid pace (55.3 vs 55.5 in January).2018-03-05T14:50:25.08"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street closed mostly up on 2 March 2018, snapping a 2-week winning streak on sharp declines triggered mainly by new Fed Chairman Powell comments before Congress and President Trump’s announcement to raise tariffs on steel and aluminum imports. The Dow Jones lost 71 points or 0.3% to 24538. In contrast, the S&P 500 gained 14 points or 0.5% to 2691 and the Nasdaq jumped 77 points or 1.1% to 7258. During the week, the Dow Jones fell 3.0%; the S&P 500 2.0%; and the Nasdaq 1.1%. 2018-03-02T21:12:37"
US ISM New York Index Falls from 2006-High,Ism New York Index,"US ISM New York Index Falls from 2006-HighUnited States Ism New York IndexThe ISM New York Current Business Conditions in the United States fell to 54.5 in February of 2018 from 72.5 in January which was the highest reading since November of 2006. Employment contracted (46.7 from 58.4) and prices paid accelerated (61.1 from 60.5). On the other hand, purchases rose faster (55.6 from 50) and revenues increased for both current (61.8 from 47.4) and expected (72.2 from 68.4). The Six-Month Outlook fell to 64.7 from 76.1 in December.2018-03-02T18:59:22"
US Stocks Attempt to Recover,Stock Market,US Stocks Attempt to RecoverUnited States Stock MarketWall Street opened sharply in the red on Friday but attempted to recover during the day despite concerns over trade relations after President Trump said on Thursday he will impose tariffs on steel and aluminium imports. The Dow Jones dropped 155 points or 0.6% and the S&P 500 fell 3 points or 0.1% while the Nasdaq gained 14 points or 0.2% around 1:20 PM NY time.2018-03-02T18:23:04.88
United States Stock Market falling 1.16%,Stock Market,"United States Stock Market falling 1.16%United States Stock MarketThe Dow Jones Index is dropping 285 points. Leading the losses are McDonalds (-6.38%), Caterpillar (-5.30%) and United Technologies (-4.35%).2018-03-02T16:30:02.627"
US Consumer Sentiment Revised Slightly Down,Consumer Confidence,"US Consumer Sentiment Revised Slightly DownUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States was revised down to 99.7 in February of 2018 from an initial estimate of 99.9. Still, it was higher than 95.7 in January and market expectations of 99.5. It is the second strongest reading since 2004, with consumers basing their optimism on favorable assessments of jobs, wages, and higher after-tax pay. 2018-03-02T15:06:34.02"
US Stocks Extend Losses,Stock Market,"US Stocks Extend LossesUnited States Stock MarketWall Street opened in the red on Friday, extending the sell-off from the previous session amid higher concerns over trade relations after President Trump said on Thursday he will impose tariffs on steel and aluminium imports. The Dow Jones dropped 334 points or 1.4%, the S&P 500 slumped 24 points or 0.9% and the Nasdaq fell 77 points or 1.1% around 8 minutes after the opening bell. 2018-03-02T14:39:38"
US Stocks Sink on Thursday after Tariffs Announcement,Stock Market,"US Stocks Sink on Thursday after Tariffs AnnouncementUnited States Stock MarketWall Street declined sharply on Thursday 1 March 2018 after President Trump said at a meeting of industry representatives the US will impose a 25% tariff on steel imports and a 10% on aluminium imports, which could be announced as early as next week. The Dow Jones sank 420 points or 1.7% to 24609. The S&P 500 lost 36 points or 1.3% to 2678. The Nasdaq retreated 92 points or 1.3% to 7181. 2018-03-01T21:04:58"
United States Stock Market decreased 1.69%,Stock Market,"United States Stock Market decreased 1.69%United States Stock MarketThe Dow Jones Index decreased 423 points. Losses were driven by DowDuPont Inc (-4.89%), American Express (-4.61%) and Intel (-4.32%).2018-03-01T21:00:02.937"
US Stocks Plunge After Tariffs Announcement,Stock Market,"US Stocks Plunge After Tariffs AnnouncementUnited States Stock MarketWall Street slumped on Thursday after President Trump said at a meeting of industry representatives the US will impose a 25% tariff on steel imports and a 10% on aluminium imports, which could be announced as early as next week. The Dow Jones went down 329 points or 1.3%, the S&P 500 declined 27 points or 1% and the Nasdaq fell 72 points or 1% around 1:20 PM NY time.2018-03-01T18:22:32"
US Factory Growth Highest Since 2004: ISM,Business Confidence,"US Factory Growth Highest Since 2004: ISM United States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US jumped to 60.8 in February from 59.1 in January, beating market expectations of 58.7. The reading pointed to the highest expansion in manufacturing since May of 2004 amid stronger business conditions and faster job creation. In contrast, new orders and production eased despite maintaining high levels of expansion.2018-03-01T15:04:25"
US Construction Spending Unchanged in January,Construction Spending,"US Construction Spending Unchanged in JanuaryUnited States Construction SpendingConstruction spending in the US was unchanged at an all-time high of USD 1.26 trillion in January 2018, following an upwardly revised 0.8 percent increase in December and missing market expectations of 0.3 percent. Spending on private construction fell 0.5 percent to USD 962.7 billion after hitting a record high of USD 967.9 billion in the previous month, due to a decline in nonresidential projects (-1.5 percent). Meanwhile, outlays on public construction projects increased 1.8 percent to USD 300.0 billion in January, the highest level since August 2015, as spending on federal government construction projects surged 14.9 percent to the highest level since September 2011 and that on state and local government construction rose 0.5 percent to a near two-year high.2018-03-01T15:03:32"
US Manufacturing PMI Revised Down in February: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Down in February: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 55.3 in February of 2018 from 55.5 in January and lower than 55.9 in the preliminary estimate. Although the reading pointed to a slower expansion in factory activity and below January’s 34-month high, the overall improvement in operating conditions across the manufacturing sector was one of the strongest recorded since late-2014.2018-03-01T14:52:04.647"
US PCE Prices Rise 0.4% in January,PCE Price Index Monthly Change,"US PCE Prices Rise 0.4% in JanuaryUnited States PCE Price Index Monthly ChangeThe personal consumption expenditures (PCE) price index in the United States increased 0.4 percent month-over-month in January 2018, following a 0.1 percent gain in December. It is the biggest rise since September. Cost of goods surged 0.7 percent, after showing no growth in the previous month, boosted by higher prices for both non-durable (1 percent vs unchanged in December) and durable goods (0.1 percent vs -0.1 percent). Also, services prices rose 0.2 percent, the same pace as in the previous period. Excluding food and energy, PCE prices went up 0.3 percent, compared with 0.2 percent in December. It is the highest increase since January of 2017. On the year, the PCE price index went up 1.7 percent and the core index rose 1.5 percent. The so-called core PCE price index is the Fed's preferred inflation gauge, targeted at 2 percent.2018-03-01T13:40:01"
US Personal Spending Rises the Least in 5 Months,Personal Spending,"US Personal Spending Rises the Least in 5 MonthsUnited States Personal SpendingPersonal consumption expenditures in the US increased 0.2 percent month-over-month in January of 2018, following a 0.4 percent rise in December, matching market expectations. It is the lowest gain in household consumption in five months as spending on durables contracted and consumption of services eased.2018-03-01T13:34:38"
US Jobless Claims Lowest Since 1969,Initial Jobless Claims,"US Jobless Claims Lowest Since 1969United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 10 thousand to 210 thousand in the week ended February 24th 2018, from a downwardly revised 220 thousand in the previous week. The figure surprised markets who expected a rise in claims to 226 thousand. It was the lowest level since December of 1969 when it was 202 thousand. According to unadjusted data, the biggest declines in initial claims were seen in California (-8,742); Pennsylvania (-1,969); New Jersey (-1,554) and Texas (-1,351). Claims in Puerto Rico declined by 1,003 and in Virgin Islands by 22. Claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal. 2018-03-01T13:33:39"
US Personal Income Rises 0.4% in January,Personal Income,"US Personal Income Rises 0.4% in JanuaryUnited States Personal IncomePersonal income in the United States rose by 0.4 percent month-over-month in January 2018, the same pace as in December and beating market expectations of 0.3 percent. The increase in personal income primarily reflected gains in wages and salaries (0.5 percent vs 0.4 percent in December) and personal current transfer receipts (1.3 percent vs 0.2 percent), mainly Social Security benefits, that were partially offset by a rise in contributions for government social insurance (1.6 percent vs 0.4 percent), a subtraction in the calculation of personal income.2018-03-01T13:32:04"
US Stocks Extend Selloff on Wednesday,Stock Market,"US Stocks Extend Selloff on WednesdayUnited States Stock MarketWall Street closed deeply in the red on Wednesday 28 February 2018, extending the selloff after sharp losses in the previous session after new Fed Chairman Jerome Powell said the US economic growth was strengthening and the central bank will remain on track to gradually raise short-term interest rates.  Losses were driven by Walt Disney (-5.7%), Caterpillar (-5.4%) and DowDuPont Inc (-4.9%).The Dow Jones lost 381 points or 1.5% to 25029. The S&P 500 retreated 30 points or 1.1% to 2714. The Nasdaq dipped 57 points or 0.8% to 7273. 2018-02-28T21:09:34"
United States Stock Market decreased 1.37%,Stock Market,"United States Stock Market decreased 1.37%United States Stock MarketThe Dow Jones Index decreased 348 points. Losses were driven by Walt Disney (-5.66%), Caterpillar (-5.40%) and DowDuPont Inc (-4.92%).2018-02-28T21:00:03.603"
US Crude Inventories Rise More than Expected,Crude Oil Stocks Change,"US Crude Inventories Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 3.019 million barrels in the week ended February 23rd, after a 1.616 million decrease in the previous period and compared to market expectations of a 2.4 million rise. Meanwhile, gasoline inventories went up by 2.483 million, following a 0.261 million increase in the previous week and beating market expectations of a 0.190 million fall.2018-02-28T15:32:56.637"
US Stocks Trade Higher After Selloff,Stock Market,"US Stocks Trade Higher After Selloff United States Stock MarketUS stocks climbed on Wednesday, rebounding from sharp losses in the previous session after new Fed Chairman Jerome Powell said the US economic growth was strengthening and the central bank will remain on track to gradually raise short-term interest rates. The Dow Jones rose 145 points, or 0.6%, to 25,555; the S&P 500 added 15 points, or 0.5%, to 2,759; and the Nasdaq advanced 43 points, or 0.6%, to 7,373 around 10:30 AM New York time.2018-02-28T15:28:25"
US Pending Home Sales Lowest in Over 3 Years,Pending Home Sales,"US Pending Home Sales Lowest in Over 3 YearsUnited States Pending Home SalesContracts to buy previously owned homes in the United States shrank 3.8 percent year-on-year in January of 2018, following a downwardly revised 0.4 percent rise in December. Contracts went down in the South (-1.1 percent), the Midwest (-4.1 percent), the West (-2.5%) and the Northeast (-12.1 percent). Compared to the previous month, pending home sales slumped 4.7 percent, following a flat reading in December and compared to market expectations of a 0.3 percent rise. It is the biggest monthly drop since May of 2010 as sales went down in all 4 main regions.

2018-02-28T15:11:04"
US Chicago PMI at 6-Month Low,Chicago Pmi,"US Chicago PMI at 6-Month LowUnited States Chicago PmiThe MNI Chicago Business Barometer fell to 61.9 in February of 2018 from 65.7 in January, well below market expectations of 64.2. It is the lowest reading since Augus as the new orders indicator fell to a six-month low; the production indicator also went down; the gauge for order backlogs declined for the second month; supplier delivery times eased; inventories decreased; and hiring intentions slowed. Also, input price inflationary pressures remained elevated despite receding from January’s four-month high.2018-02-28T15:02:44.507"
US GDP Growth Revised Slightly Down to 2.5%,GDP Growth Rate,"US GDP Growth Revised Slightly Down to 2.5%United States GDP Growth RateThe US economy advanced an annualized 2.5 percent on quarter in the last three months of 2017, below an advance reading of 2.6 percent and 3.2 percent in the previous period. Figures came in line with market expectations. Imports rose more than exports and at the fastest pace since Q3 2010, bringing the net trade contribution to negative. Also, private inventory investment fell more than initially expected. On the other hand, personal spending remained robust and fixed investment growth was revised higher. 2018-02-28T13:34:48"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the United States rose 2.7 percent in the week ended February 23rd 2018, following a 6.6 percent drop in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home went up 6.2 percent while refinance applications went down 1.2 percent. The average fixed 30-year mortgage rate was flat at 4.64 percent, the highest since January of 2014.
2018-02-28T12:54:21.597"
US Stocks Plunge on Tuesday,Stock Market,"US Stocks Plunge on TuesdayUnited States Stock MarketWall Street closed deep in the red on Tuesday 27 February 2018, after new Fed Chairman Jerome Powell address Congress and signaled higher interest rate ahead to contain rising inflation. The Dow Jones retreated 300 points or 1.2% to 25410. The S&P 500 lost 35 points or 1.3% to 2744. The Nasdaq declined 91 points or 1.2% to 7330. 2018-02-27T21:05:25"
United States Stock Market decreased 1.00%,Stock Market,"United States Stock Market decreased 1.00%United States Stock MarketThe Dow Jones Index decreased 258 points. Losses were driven by Walt Disney (-2.08%), Home Depot (-1.58%) and McDonalds (-1.36%). Biggest rises came from Intel (4.78%), Cisco Systems (2.47%) and Apple (1.78%).2018-02-27T21:00:04.057"
Dollar Hits 2-Week High After Powell Testimony,Currency,"Dollar Hits 2-Week High After Powell TestimonyUnited States CurrencyThe dollar index rose 0.6% to 90.4 around 11:30 AM New York time on Tuesday, its highest level in two weeks, after Federal Reserve Chairman Jerome Powell reaffirmed that the central bank plans to raise interest rates gradually despite the added stimulus of tax cuts and government spending.2018-02-27T16:28:51.863"
Richmond Fed Manufacturing Index 2nd Highest on Record,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index 2nd Highest on RecordUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia jumped to 28 in February of 2018 from 14 in January, beating market forecasts of 15. It is the second highest value on record as increases were mainly seen in shipments (31 from 15); new orders (27 from 16); backlogs of orders (18 from 5); capacity utilization (32 from 13); and employment (25 from 10). Also, the wages index remained in positive territory at 23 (from 24) and price pressures intensified for both prices paid (1.89 from 1.79) and prices received (1.57 from 1.18).2018-02-27T15:10:21.117"
Fed Remains On Course For More Rate Hikes,Interest Rate,"Fed Remains On Course For More Rate HikesUnited States Interest RateThe Federal Reserve remains on course for more interest rate hikes despite the stimulus of tax cuts and government spending and market volatility, new Federal Reserve Chairman Jerome Powell said in a prepared remarks released early by the House Financial Service committee. The job market remains robust, consumer spending is solid and wage growth is accelerating, the chairman emphasized. 2018-02-27T14:17:02.74"
US House Prices Rise in Line with Forecasts: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise in Line with Forecasts: Case-Shiller United States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite home price index of 20 metropolitan areas in the US rose 6.3 percent year-on-year in December of 2017, following a 6.4 percent advance in November which was the steepest increase in home prices since July 2014. Figures came in line with market expectations. Seattle (12.7 percent), Las Vegas (11.1 percent) and San Francisco (9.2 percent) reported the highest year-over-year gains among the 20 cities. Meanwhile, the national index, covering all nine US census divisions rose 6.3 percent, above 6.1 percent in the previous month.2018-02-27T14:08:03"
US House Prices Rise Less than Expected: FHFA,FHFA House Price Index MoM,"US House Prices Rise Less than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.3 percent month-over-month in December 2017, following an upwardly revised 0.5 percent gain in November and missing market expectations of 0.4 percent. Year-on-year, house prices went up 6.5 percent, the same pace as in the previous month.2018-02-27T14:03:18.18"
US Wholesale Inventories Post Biggest Gain in 5 Months,Wholesale Inventories,"US Wholesale Inventories Post Biggest Gain in 5 MonthsUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.7 percent month-over-month to USD 617.7 billion in January 2018, following an upwardly revised 0.6 percent gain in December and beating market expectations of 0.3 percent, the advance estimate showed. Stocks of non-durable goods rose 1.3 percent (vs 0.9 percent in December) and those of durable goods went up 0.3 percent (vs 0.4 percent in December).2018-02-27T13:34:54.777"
US Durable Goods Orders Fall the Most in 6 Months,Durable Goods Orders,"US Durable Goods Orders Fall the Most in 6 MonthsUnited States Durable Goods OrdersNew orders for US manufactured durable goods slumped 3.7 percent month-over-month in January of 2018, following a downwardly revised 2.6 percent rise in December and much worse than market expectations of a 2 percent drop. It is the biggest decline in six months, mainly due to a 10 percent plunge in orders for transport equipment. Orders for non-defense capital goods excluding aircraft, a proxy for business spending plans, dropped 0.2 percent after declining 0.6 percent in December.
2018-02-27T13:34:21"
US Stocks Extend Rally on Monday,Stock Market,"US Stocks Extend Rally on MondayUnited States Stock MarketWall Street closed deeply in the green on Monday 26 February 2018, extending gains from last Friday as Treasury yields stabilized just under 3 percent; gold & oil rose; and the USD remained stable. The Dow Jones soared 399 points or 1.6% to 25709. The S&P 500 climbed 32 points or 1.2% to 2780. The Nasdaq gained 84 points or 1.2% to 7421. 2018-02-26T21:12:20"
United States Stock Market increased 1.50%,Stock Market,"United States Stock Market increased 1.50%United States Stock MarketThe Dow Jones Index went up by 378 points. The rise was driven by 3M (3.14%), Cisco Systems (2.99%) and American Express (2.83%).2018-02-26T21:00:07.213"
Dallas Fed Manufacturing Index at New 12-Year High,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index at New 12-Year High United States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to 37.2 in February of 2018 from 33.4 in January, beating market expectations of 30. It remains the strongest reading since December of 2005 amid faster growth in production (27.9 from 16.8); shipments (32.1 from 27.1); capital expenditures (23.7 from 20); hours worked (16.3 from 13.4); employment (19.1 from 15.2); wages and benefits (32.2 from 23.3); finished goods inventories (7.6 from 0); and unfilled orders (11.5 from 7.1). On the other hand, new orders eased slightly (25.3 from 25.5) and price pressures intensified for cost of both raw materials (39.8 from 33.5) and finished goods (22.5 from 22.3). The index of future general business activity went down 3.9 points to 40.6 after reaching the highest since December 2004 in January. 
2018-02-26T15:45:22"
US New Home Sales Fall for 2nd Month,New Home Sales,US New Home Sales Fall for 2nd MonthUnited States New Home SalesSales of new single-family houses in the United States shrank 7.8 percent month-over-month to a seasonally adjusted annual rate of 593 thousand in January of 2018 from an upwardly revised 643 thousand in December. It is the lowest reading since August and compares with market forecasts of a 3.8 percent rise to 650 thousand. Sales fell in the Northeast and the South.2018-02-26T15:03:04
US Stocks Extend Gains,Stock Market,"US Stocks Extend GainsUnited States Stock MarketWall Street opened in the green on Monday, extending gains from last Friday as Treasury yields  stabilized just under 3 percent. The Dow gained 199 points or 0.8%; the S&P 500 added 17 points or 0.6%; and the Nasdaq traded 51 points or 0.7% higher around 10 minutes after the opening bell. 2018-02-26T14:50:36"
Chicago Fed National Activity Index Falls to 5-Month Low,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Falls to 5-Month LowUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index decreased to 0.12 in January 2018 from a downwardly revised 0.14 in the previous month and below market expectations of 0.20. It was the lowest reading since August last year, as the contribution from production-related indicators fell to -0.01 from +0.11 in December; and the sales, orders, and inventories category made a contribution of +0.07, down from +0.09. On the other hand, employment-related indicators contributed +0.09, up from -0.02 in December; and the contribution of the personal consumption and housing category edged up to -0.03 from -0.05.2018-02-26T13:41:09.027"
US Stocks Surge on Friday,Stock Market,"US Stocks Surge on FridayUnited States Stock MarketWall Street traded deeply in the green on Friday 23 February 2018 after closing mixed in the previous session as Treasury yields continue to fall and the dollar strengthened slightly. Technology shares outperformed on Friday, with Mercado Libre rising 5% after stronger-than-expected revenue growth in Mexico and Brazil. The Dow Jones gained 348 points or 1.4% to 25310. The S&P 500 jumped 43 points or 1.6% to 2747. The Nasdaq soared 127 points or 1.8% to 7337. During the week, the Dow Jones advanced 0.4%; the S&P 500 0.6%; and the Nasdaq 1.4%. 2018-02-23T21:09:10"
United States Stock Market increased 1.36%,Stock Market,"United States Stock Market increased 1.36%United States Stock MarketThe Dow Jones Index went up by 340 points. The rise was driven by DowDuPont Inc (4.53%), Caterpillar (4.45%) and Intel (3.63%).2018-02-23T21:00:04.71"
US Stocks Gain on Friday,Stock Market,US Stocks Gain on FridayUnited States Stock MarketWall Street traded in the green on Friday after closing mixed in the previous session as Treasury yields continue to fall and the dollar strengthened slightly. Investors also await speeches from Federal Reserve officials and the Fed release of a monetary policy report during the day. The Dow Jones added 160 points or 0.6%; the S&P 500 went up 16 points or 0.6%; and the Nasdaq gained 46 points or 0.6% around 25 minutes after the opening bell.2018-02-23T15:01:27.257
US Stocks Close Mixed on Thursday,Stock Market,"US Stocks Close Mixed on ThursdayUnited States Stock MarketWall Street closed mixed on Thursday 22 February 2018, as investors continued to weigh the odds of further rate hikes after FOMC minutes on Wednesday suggested it could be appropriate. The Dow Jones advanced 165 points or 0.7% to 24962. The S&P 500 gained 3 points or 0.1% to 2704. In contrast, the Nasdaq edged down 8 points or 0.1% to 7210. 2018-02-22T21:07:38"
United States Stock Market rising 1.13%,Stock Market,"United States Stock Market rising 1.13%United States Stock MarketThe Dow Jones Index is gaining 280 points. Leading the gains are United Technologies (5.69%), McDonalds (2.05%) and Caterpillar (1.86%).2018-02-22T16:30:04.38"
US Crude Oil Inventories Unexpectedly Shrink,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly ShrinkUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.616 million barrels in the week ended February 16th, after a 1.841 million increase in the previous period and compared to market expectations of a 1.795 million rise. Meanwhile, gasoline inventories went up by 0.261 million, following a 3.599 million increase in the previous week and beating market expectations of a 0.283 million fall.2018-02-22T16:03:16"
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street opened higher on Thursday recovering from losses in the previous session as bonds yields declined after going up a day earlier after FOMC minutes suggested further rate hikes could be appropriate. The Dow Jones went up 199 points or 0.8%; the S&P 500 rose 21 points or 0.8% and the Nasdaq traded 50 points or 0.7% higher around 10 minutes after the opening bell. 
2018-02-22T14:50:49"
US Initial Jobless Claims Below Forecasts,Initial Jobless Claims,"US Initial Jobless Claims Below ForecastsUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 7 thousand to 222 thousand in the week ended February 17th 2018, below market expectations of 230 thousand. It is the lowest reading in five weeks. According to unadjusted data, the biggest declines in initial claims were seen in Michigan (-5,248); Illinois (-1,977); NY (-884); Washington (-874); and Maryland (-840). Claims in Puerto Rico rose by 1,068 and in Virgin Islands by 11. Claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal. 2018-02-22T13:35:02"
US 10Y Bond Yield Hits 4-year High,Government Bond 10Y,US 10Y Bond Yield Hits 4-year Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-year high of 2.9207%2018-02-21T19:42:55.543
Stronger Outlook Points to Further Rate Hikes: Fed Minutes,Interest Rate,"Stronger Outlook Points to Further Rate Hikes: Fed MinutesUnited States Interest RateThe rate of the US economic growth in 2018 is expected to exceed the FOMC's estimates and labor market conditions are set to strengthen over the medium term, raising the likelihood that further gradual policy firming would be appropriate, minutes from the latest Federal Reserve meeting showed.2018-02-21T19:20:55"
US Stocks Rebound Ahead of FOMC Minutes,Stock Market,US Stocks Rebound Ahead of FOMC MinutesUnited States Stock MarketWall Street traded in the green on Wednesday as investors await the FOMC minutes release later in the day for further hints on inflation and interest rates. The Dow Jones was up 92 points or 0.4%; the S&P 500 gained 19 points or 0.7% and the Nasdaq traded 57 points or 0.8% higher around 12:00 PM NY time.2018-02-21T17:08:41.927
US Existing Home Sales Fall for 2nd Month,Existing Home Sales,"US Existing Home Sales Fall for 2nd MonthUnited States Existing Home SalesSales of previously owned houses in the US shrank 3.2 percent mom to a seasonally adjusted annual rate of 5.38 million in January of 2018 from a downwardly revised 5.56 million rate in December. It compares with market expectations of a 0.9 percent rise to 5.6 million. Sales of single family houses went down 3.8 percent to 4.76 million, following a 2 percent drop in December while sales of condos rose 1.6 percent to 0.620 million after a 9 percent slump. The median house price decreased to $240,500 from $246,500 in December and the months' worth of supply rose to 3.4 from 3.2. In addition, the number of houses available in the market increased to 1.520 million. Year-on-year, existing home sales shrank 4.8 percent, the biggest annual drop since August of 2014.2018-02-21T15:08:31.383"
US Private Sector Growth at Near 2-1/2-Year High: Markit,Composite Pmi,"US Private Sector Growth at Near 2-1/2-Year High: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI rose to 55.9 in February 2018 from 53.8 in the previous month, easily beating market expectations of 54.4, the flash estimate showed. The reading pointed to the steepest rate of growth in private sector activity in almost two-and-a-half years, boosted by strong expansion in both manufacturing (55.9 vs 55.5 in January) and services (55.9 vs 53.3). Employment rose the most since August 2015, supported by new business growth, and outlook for business activity over the next 12 months was the strongest since May 2015. On the price front, input cost inflation was the highest since July 2013 and prices charged increased the most in almost three-and-a-half years.2018-02-21T14:57:37"
US Services Growth at 6-Month High in February: Markit,Services PMI,"US Services Growth at 6-Month High in February: MarkitUnited States Services PMIThe IHS Markit Services PMI rose to 55.9 in February 2018 from the previous month's final reading of 53.3 and way above market expectations of 53.8, the flash estimate showed. The reading pointed to the strongest pace of expansion in the service sector in six months, as new work rose the most since March 2015 and the rate of job creation was the fastest since August last year. Also, business optimism reached its highest level since May 2015. On the price front, input costs increased sharply in February, with the latest rise the strongest for around four-and-a-half years. Average prices charged by service sector firms increased at the fastest pace since September 2014.2018-02-21T14:52:07.94"
US Factory Growth Highest Since 2014: PMI,Manufacturing PMI,"US Factory Growth Highest Since 2014: PMIUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI rose to 55.9 in February of 2018 from 55.5 in January, beating market forecasts of 55.4. The reading pointed to the strongest expansion in the manufacturing sector since October of 2014, mainly boosted by new business and employment, preliminary estimates showed. 2018-02-21T14:50:35"
US Mortgage Applications Fall the Most 5 Months,Mortgage Applications,"US Mortgage Applications Fall the Most 5 MonthsUnited States Mortgage ApplicationsMortgage applications in the United States fell 6.6 percent in the week ended February 16th 2018, following a 4.1 percent drop in the previous period. It is the biggest decline since September of 2017, data from the Mortgage Bankers Association showed. Applications to purchase a home slumped 6.2 percent and refinance applications went down 7.1 percent. The average fixed 30-year mortgage rate rose by 7bps to 4.64 percent, a new high since January of 2014.
2018-02-21T12:11:58.683"
US Stocks Dip on Tuesday,Stock Market,US Stocks Dip on TuesdayUnited States Stock MarketWall Street closed in the red on Tuesday 20 February 2018 as investors sentiment was affected by a 10% decline in Walmart shares and a jump in government bond yields. The Dow Jones retreated 255 points or 1.0% to 24965. The S&P 500 lost 16 points or 0.6% to 2716. The Nasdaq edged down 5 points or 0.1% to 7234.2018-02-20T21:05:56
US Stocks Retreat,Stock Market,"US Stocks RetreatUnited States Stock MarketWall Street traded mostly in the red on Tuesday amid higher Treasury yields and a stronger dollar. The Dow Jones fell 225 points or 0.9%, mainly dragged down by Walmart shares after the company reported lower-than-expect earnings. The S&P 500 declined 5 points or 0.2% and the Nasdaq traded nearly flat around 10:35 AM NY time.2018-02-20T15:44:11"
US 10-Year Treasury Yield Hits 4-Year High,Government Bond 10Y,"US 10-Year Treasury Yield Hits 4-Year Highunited states Government Bond 10YThe yield on 10-year US Treasuries hit a four-year high of 2.9188 percent in early trading on Tuesday in a wake of a projected increase in US debt issuance and a reduction in Fed bond buying. Also, yields on 2-year notes touched 2.22 percent, the highest in more than 9 years.2018-02-20T08:06:45"
US Stocks End Mixed on Friday,Stock Market,"US Stocks End Mixed on FridayUnited States Stock MarketWall Street closed mixed on 16 February 2018, as stocks recovered from the worst week in two years amid concerns over rising inflation and interest rates. The Dow Jones gained 19 points or 0.1% to 25219. The S&P 500 edged up 1 point or less than 0.1% to 2732. In contrast, the Nasdaq retreated 17 points or 0.2% to 7239. During the week, equities booked the strongest weekly gains since 2013, with the Dow Jones jumping 4.3%; the S&P 500 4.3%; and the Nasdaq 5.3%. 2018-02-16T21:08:12"
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street traded in the green on Friday, attempting to hold gains for the 5th straight session. The Dow Jones was up 191 points or 0.8%; the S&P 500 added 17 points or 0.6% and the Nasdaq traded 42 points or 0.6% higher around 12:30 PM NY time. Last week, the Dow Jones plunged 5.5%, the S&P 500 5.4% and the Nasdaq 5.3%. It was the worst selloff in two years amid concerns over rising inflation and interest rates.2018-02-16T17:44:29.39"
US Consumer Sentiment Remains Strong,Consumer Confidence,"US Consumer Sentiment Remains StrongUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States increased to 99.9 in February of 2018 from 95.7 in January and well above market expectations of 95.5. It is the highest reading in four months and the second highest level since 2004, preliminary estimates showed. Both current conditions and future expectations improved.2018-02-16T15:04:35"
US Building Permits Jump to Over 10-Year High,Building Permits,"US Building Permits Jump to Over 10-Year HighUnited States Building PermitsBuilding permits in the United States rose 7.4 percent from the previous month to a seasonally adjusted annual rate of 1,396 thousand in January 2018 from 1,300 thousand in December, way above market expectations of 1,290 thousand. It was the highest level since June 2007, as multi-family homes permits jumped 26.5 percent to 530 thousand while single-family authorizations fell 1.7 percent to 866 thousand. Across US regions, permits rose in the South (21.9 percent to 706 thousand) and in the West (5.3 percent to 378 thousand) but shrank in the Midwest (-11.7 percent to 189 thousand) and the Northeast (-16.9 percent to 123 thousand). 2018-02-16T13:36:53"
US Housing Starts Highest Since 2016,Housing Starts,"US Housing Starts Highest Since 2016United States Housing StartsHousing starts in the US jumped 9.7 percent month-over-month to an annualized rate of 1,326 thousand in January of 2018, following a downwardly revised 6.9 percent fall in December and beating market expectations of a 3.4 percent rise. It is the highest rate since October of 2016.2018-02-16T13:36:19"
US Import Prices Rise 1% MoM in January,Import Prices MoM,"US Import Prices Rise 1% MoM in JanuaryUnited States Import Prices MoMUS import prices rose 1 percent month-over-month in January 2018, above market expectations of 0.6 percent and following an upwardly revised 0.2 percent advance in December and 1 percent in November. The 1 percent advances were the largest 1-month rises since the index increased 1.2 percent in May 2016. Fuel prices increased 4.7 percent in January following a 2.9-percent advance in December  and a 9.8-percent rise in November. Prices for nonfuel imports advanced 0.4 percent in January, the most since the index 
rose 0.4 percent in March 2012, after edging down 0.1 percent the previous month. Prices for nonfuel industrial supplies and materials; automotive vehicles; foods, feeds, and beverages; and capital goods all contributed to the January advance. Year on year, import prices advanced 3.6 percent.
2018-02-16T13:34:26"
US Export Prices Rise 0.8% MoM in January,Export Prices MoM,"US Export Prices Rise 0.8% MoM in JanuaryUnited States Export Prices MoMPrices for US exports increased 0.8 percent month-over-month in January of 2018, following a revised 0.1 percent gain in December and above market expectations of a 0.3 percent rise. It was the highest gain in export prices since September. Prices of non-agricultural goods advanced 0.9 percent, the most since September, after gaining 0.1 percent in December, amid increases in costs of nonagricultural industrial supplies and materials; capital goods; automotive vehicles; and consumer goods. Meanwhile, prices of agricultural goods fell 0.1 percent compared to a 0.3 percent decrease in the prior month, driven by a 5.8 percent slump in soybean and other oilseeds prices. Year-on-year, export prices went up 3.4 percent.

2018-02-16T13:32:59"
Dollar Falls to 3-Year Low,currency,"Dollar Falls to 3-Year LowUnited States currencyThe dollar index, measuring the greenback against a basket of peers, hit a three-year low of 88.4 in Asia trading on Friday. The dollar's weakness came even as US bond yields remained near a multi-year high, amid rising concerns that President Donald Trump's plans to cut taxes and increase fiscal spending could boost future inflation.2018-02-16T02:25:53"
US Stocks Extend Comeback Rally,Stock Market,"US Stocks Extend Comeback RallyUnited States Stock MarketWall Street closed in the green for a fifth session on 15 February 2018, as a weaker dollar and mixed economic data were not enough to hamper investors’ morale. Technology shares led gains on Thursday, with Cisco Systems rising 5.0% and Apple 3.2%. The Dow Jones jumped 307 points or 1.2% to 25200. The S&P 500 climbed 33 points or 1.2% to 2731. The Nasdaq soared 113 points or 1.6% to 7256. 2018-02-15T21:13:44.06"
US Treasuries Oversold Abroad in December,Capital Flows,"US Treasuries Oversold Abroad in DecemberUnited States Capital FlowsOverseas investors sold USD 119.3 billion of US assets, including short-dated instruments in December of 2017, after buying a downwardly revised USD 33.5 billion in the previous month. The figure contrasted sharply with market expectations of USD 37.0 billion of sold assets. Meanwhile, foreigners bought USD 27.3 billion of long-term US securities, including government and corporate, after buying USD 57.5 billion in the previous month. Foreign investors sold USD 16.0 billion of Treasures in December after selling USD 18.8 billion in the previous month.2018-02-15T21:09:02"
US Home Builder Sentiment Matches Forecasts,Nahb Housing Market Index,"US Home Builder Sentiment Matches ForecastsUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States was unchanged at 72 in February of 2018, the same as in January and in line with market expectations. The component gauging current home sales edged down to 78 from 79 and the component measuring buyer traffic was flat at 54. On the other hand, the index charting sales expectations in the next six months went up 2 points to 80.2018-02-15T15:05:21.147"
US Stocks Rise for 5th Session,Stock Market,"US Stocks Rise for 5th SessionUnited States Stock MarketWall Street opened in the green on Thursday, holding gains from the previous session despite a weaker dollar and mixed economic data. The Dow Jones was up 210 points or 0.8%; the S&P 500 gained 15 points or 0.6% and the Nasdaq traded 52 points or 0.7% higher around 20 minutes after the opening bell.2018-02-15T14:55:22"
US Industrial Output Falls Unexpectedly in January,Industrial Production Mom,"US Industrial Output Falls Unexpectedly in JanuaryUnited States Industrial Production MomUS industrial production fell unexpectedly by 0.1 percent month-over-month in January 2018, following a downwardly revised 0.4 percent increase in December and missing market expectations of a 0.2 percent gain. Mining output contracted while manufacturing production showed no growth.2018-02-15T14:18:27"
US NY Empire State Manufacturing Index at 7-Month Low,NY Empire State Manufacturing Index,"US NY Empire State Manufacturing Index at 7-Month LowUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States decreased to 13.1 in February of 2018 from 17.7 in the previous month and missing market expectations of 17.5. It is a new low since July amid a slowdown in shipments (12.5 from 14.4) and inventories (4.9 from 13.8). Also, unfilled orders increased slightly (4.9 from 4.3) and delivery times lengthened (11.1 from 3.6). Prices paid rose faster (48.6 from 36.2) while prices received slowed (21.5 from 21.7). On the other hand, new orders (13.5 from 11.9); number of employees (10.9 from 3.8) and average workweek (4.6 from 0.8) went up. Indexes assessing the six-month outlook suggested that firms remained very optimistic about future business conditions, and capital spending plans continued to be robust.2018-02-15T13:38:27"
Philadelphia Fed Manufacturing Index Unexpectedly Rises,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Unexpectedly RisesUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing index in the United States rose by 3.6 points from the previous month to 25.8 in February 2018, easily beating market expectations of 21.1. The survey’s current new orders index increased by 14.4 points to 24.5, and the employment index went up by 8.4 points to 25.2. Meanwhile, the current shipments index fell 14.8 points to 15.5, and the workweek index dropped 3 points to 13.7. Both the unfilled orders and delivery times indexes were positive, suggesting an increase in unfilled orders and slower deliveries. On the price front, cost pressures were more widespread among the reporting manufacturers, with the prices paid index increasing 12.1 points to 45, its highest reading since May 2011.2018-02-15T13:37:57"
US Producer Prices Rise 0.4% MoM in January,Producer Price Inflation MoM,"US Producer Prices Rise 0.4% MoM in JanuaryUnited States Producer Price Inflation MoMProducer prices for final demand in the US were up 0.4 percent month-over-month in January 2018, following no change in December and matching market expectations. The rise was attributable to strong gains in the cost of gasoline and healthcare. The prices of services grew 0.3 percent (0.1 percent in December) and prices of goods were up 0.7 percent (-0.1 percent in December). The index for final demand less foods, energy, and trade services rose 0.4 percent in January, the largest advance since increasing 0.5 percent in April 2017.2018-02-15T13:34:50"
US Initial Claims Rise to 230K as Expected,Initial Jobless Claims,"US Initial Claims Rise to 230K as ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 7 thousand to 230 thousand in the week ended February 10th 2018 from an upwardly revised 223 thousand in the previous week, in line with market expectations. 

2018-02-15T13:33:34"
US 10Y Bond Yield Hits 4-year High,Government Bond 10Y,US 10Y Bond Yield Hits 4-year Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-year high of 2.9296%2018-02-15T07:36:55.227
US Stocks Rebound Sharply,Stock Market,"US Stocks Rebound Sharply United States Stock MarketWall Street closed deep in the green on 14 February 2018 in spite of US inflation report showing consumer prices increased more than expected (2.1 percent vs 1.9 percent expected) fanning concerns over the pace of US interest rate rises. The Dow Jones jumped 253 points or 1.0% to 24893. The S&P 500 gained 36 points or 1.3% to 2699. The Nasdaq soared 130 points or 1.9% to 7144.
.2018-02-14T21:08:19"
United States Stock Market rose 1.01%,Stock Market,"United States Stock Market rose 1.01%United States Stock MarketThe Dow Jones Index rose 248 points. Leading the gains are Cisco Systems (3.71%), Nike (3.03%) and Caterpillar (2.78%).2018-02-14T21:00:03.907"
US Stocks Attempt to Recover,Stock Market,US Stocks Attempt to RecoverUnited States Stock MarketWall Street rebounded from a lower open as investors try to shrug off higher-than-expected inflation data for the US. The Dow Jones gained 35 points or 0.1%; the S&P 500 went up 10 points or 0.4% and the Nasdaq jumped 68 points or 1% around 12:30 PM NY time.2018-02-14T17:34:05
US Crude Oil Inventories Rise Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Less than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up by 1.841 million barrels in the week ended February 9th, after a 1.895 million increase in the previous period and below market expectations of a 2.825 million rise. Meanwhile, gasoline inventories went up by 3.599 million, following a 3.414 million increase in the previous week and beating market expectations of a 1.229 million rise.2018-02-14T15:32:58.01"
US Business Inventories Growth Above Forecasts,Business Inventories,"US Business Inventories Growth Above ForecastsUnited States Business InventoriesManufacturers’ and trade inventories in the United States rose 0.4 percent month-over-month in December 2017, the same as in November and above market expectations of 0.3 percent. Stocks rose 0.5 percent at manufacturers and 0.2 percent at retailers, the same as in November. On the other hand, inventories rose slightly less at wholesalers (0.4 percent compared to 0.6 percent) and declined more at autos/parts dealers (-0.4 percent compared to -0.2 percent). Inventories excluding autos, which go into the calculation of GDP, increased 0.5 percent, higher than 0.4 percent in November.2018-02-14T15:08:53.627"
US Stocks Lower Amid Higher Inflation,Stock Market,"US Stocks Lower Amid Higher InflationUnited States Stock MarketWall Street opened slightly lower on Wednesday after data showed the US inflation was higher than expected in January, raising concerns over the pace of US interest rate rises. The Dow Jones was down 61 points or 0.3%; the S&P 500 fell 8 points or 0.3% and the Nasdaq declined 18 points or 0.3% around 5 minutes after the opening bell.
2018-02-14T14:37:07"
US Stock Futures Drop,Stock Market,"US Stock Futures DropUnited States Stock MarketUS stock futures dropped on Wednesday immediately after the US inflation report showed the consumer prices increased more than expected fanning concerns over the pace of US interest rate rises.

2018-02-14T13:48:13.083"
US 10Y Bond Yield Hits 4-year High,Government Bond 10Y,US 10Y Bond Yield Hits 4-year Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-year high of 2.8657%2018-02-14T13:36:10.887
US Retail Sales Post Biggest Drop in 11 Months,Retail Sales MoM,"US Retail Sales Post Biggest Drop in 11 MonthsUnited States Retail Sales MoMUS retail trade fell unexpectedly by 0.3 percent month-over-month in January 2018, after showing no growth in December and below market expectations of a 0.2 percent gain. It was the largest decline in retail trade since February last year, mainly due to a drop in auto sales. Excluding automobiles, gasoline, building materials and food services, retail sales were unchanged last month after a downwardly revised 0.2 percent drop in December.2018-02-14T13:34:54"
US Inflation Rate Higher than Expected,Inflation Rate,"US Inflation Rate Higher than ExpectedUnited States Inflation RateConsumer prices in the United States increased 2.1 percent year-on-year in January of 2018, the same as in December and above market expectations of 1.9 percent. A slowdown in gasoline and electricity prices was offset by higher cost for food and medical care services. The monthly inflation rate went up to 0.5 percent from 0.2 percent amid broad-based cost increases.2018-02-14T13:33:10"
US Mortgage Applications Fall Amid Higher Interest Rates,Mortgage Applications,"US Mortgage Applications Fall Amid Higher Interest RatesUnited States Mortgage ApplicationsMortgage applications in the United States fell 4.1 percent in the week ended February 9th 2018, following a 0.7 percent rise in the previous period. It is the biggest decline in eight weeks, data from the Mortgage Bankers Association showed. Applications to purchase a home slumped 5.9 percent and refinance applications went down 1.9 percent. The average fixed 30-year mortgage rate rose by 7bps to 4.57 percent, the highest since January of 2014.2018-02-14T12:07:22"
US Stocks Rise for 3rd Session,Stock Market,"US Stocks Rise for 3rd SessionUnited States Stock MarketWall Street closed in the green on Tuesday, recovering from earlier losses and mainly boosted by consumer staples and financial shares. The Dow Jones added 39 points or 0.2% to 24640; the S&P 500 went up 7 points or 0.3% to 2663; the Nasdaq rose 32 points or 0.5% to 7014.2018-02-13T21:19:47"
Dollar Extends Losses,Currency,"Dollar Extends LossesUnited States CurrencyThe dollar remained under pressure on Tuesday as surge in stocks volatility continued, a day after global equities bounced back from the worst selloff in two years. The dollar index which measures the greenback against a basket of currencies fell as much as 0.6% to trade around 89.6. 
2018-02-13T15:40:01"
US Stocks Struggle on Tuesday,Stock Market,"US Stocks Struggle on TuesdayUnited States Stock MarketWall Street opened lower on Tuesday, struggling to hold gains from the previous two sessions despite lower Treasury yields and a weaker dollar. The Dow Jones was down 161 points or 0.7%; the S&P 500 fell 16 points or 0.6% and the Nasdaq declined 34 points or 0.5% around 6 minutes after the opening bell. 2018-02-13T14:44:12"
US Small Business Optimism Beats Forecasts,NFIB Business Optimism Index,"US Small Business Optimism Beats ForecastsUnited States NFIB Business Optimism IndexThe NFIB's Index of Small Business Optimism in the US rose to 106.9 in January of 2018 from 104.9 in December, beating market forecasts of 106.2. Improvements were seen in plans to make capital outlays (+2); raise inventories (+4); current job openings (+3) and actual earnings trend (+11, the highest level since 1988). Also, more small business owners expect the economy to improve (+4) and the good time to expand sentiment jumped by 5 to the highest on record. On the other hand, plans to increase employment and expected credit conditions were flat while higher sales (-3) and current inventory (-3) worsened. Small business owners are not only reporting better profits, but they’re also ready to grow and expand. Finding qualified workers now exceeds taxes and regulations as the top concern for small businesses, NFIB President said. In 2017, the average monthly index was 104.8, the strongest reading on record amid expectations of better economic policies from Washington.
2018-02-13T11:21:18.297"
Dollar Retreats,Currency,Dollar RetreatsUnited States CurrencyThe dollar fell for the second session on Tuesday as markets' volatility eases: equities around the world bounce back from the worst selloff in two years and risk appetite improved. The dollar index which measures the greenback against a basket of currencies was down 0.3% to 89.91 around 8:15 AM London time. 2018-02-13T08:24:32
US Stocks Extend Recover,Stock Market,"US Stocks Extend Recover United States Stock MarketWall Street closed deep in the green on Monday 12 February 2018, bouncing back from the worst weekly selloff in two years as investors ignored another rise in Treasury yields and turned their attention to higher oil prices and President Trump's infrastructure plan. The Dow Jones gained 410 points or 1.7% to 24601. The S&P 500 advanced 36 points or 1.4% to 2656. The Nasdaq climbed 107 points or 1.6% to 6982. 2018-02-12T21:08:49"
United States Stock Market rose 1.82%,Stock Market,"United States Stock Market rose 1.82%United States Stock MarketThe Dow Jones Index rose 440 points. Leading the gains are Apple (3.85%), Boeing (3.18%) and DowDuPont Inc (3.00%).2018-02-12T21:00:03.407"
US Government Budget Surplus Narrows in January,Government Budget Value,"US Government Budget Surplus Narrows in JanuaryUnited States Government Budget ValueThe US budget surplus narrowed to USD 49.0 billion in January 2018 from USD 51.2 billion in the same month of the previous year, and compared to market expectations of USD 51.0 billion. Outlays climbed 6.5 percent year-on-year (vs +0.7 percent in December) to USD 311.8 billion and receipts increased 4.9 percent (vs +2.1 percent) to USD 361.0 billion.2018-02-12T19:07:22"
US Stocks Rise,Stock Market,"US Stocks RiseUnited States Stock MarketWall Street started the week in the green, bouncing back from the worst weekly selloff in two years as investors ignored another rise in Treasury yields and turned their attention to higher oil prices and President Trump's infrastructure plan. The Dow Jones was up 264 points or 1.1%; the S&P 500 rose 28 points or 1% and the Nasdaq gained 69 points or 1% around 7 minutes after the opening bell.2018-02-12T14:47:31"
US 10Y Bond Yield Hits 4-year High,Government Bond 10Y,US 10Y Bond Yield Hits 4-year Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 4-year high of 2.8803%2018-02-12T07:21:18.61
US Stocks Rebound Sharply on Friday in Volatile Session,Stock Market,"US Stocks Rebound Sharply on Friday in Volatile SessionUnited States Stock MarketWall Street recovered after another volatile session on Friday 9th, as investors continue to digest expectations for higher inflation costs and resilient growth leading to likely faster monetary tightening. The Dow Jones gained 330 points or 1.4% to 24191. The S&P 500 ended up 39 points or 1.5%. The Nasdaq advanced 97 points or 1.4% to 6874. During the week, all major indices suffered deep losses, with the Dow Jones plunging 5.5%; the S&P 500 5.4%; and the Nasdaq 5.3%. 2018-02-09T21:09:52"
United States Stock Market rose 1.16%,Stock Market,"United States Stock Market rose 1.16%United States Stock MarketThe Dow Jones Index rose 278 points. Leading the gains are American Express (3.92%), Microsoft (3.22%) and General Electric (3.13%).2018-02-09T21:00:03.81"
US Wholesale Inventories Revised Higher,Wholesale Inventories,"US Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.4 percent month-over-month in December of 2017, higher than a preliminary estimate of 0.2 percent and slightly below a downwardly revised 0.6 percent gain in November. Increases were seen mainly for stocks of autos (1.7 percent compared to 0.9 percent in November), groceries (0.6 percent compared to -2.1 percent); farm products (2.2 percent compared to 4.8 percent); and electrical (1.2 percent compared to 1.5 percent). On the other hand, stocks fell mainly for machinery (-0.2 percent compared to 0.9 percent); drugs (-0.1 percent compared to 1.8 percent); and metals (-0.1 percent compared to 0.7 percent). Year-on-year, wholesale stocks were up 3.4%.2018-02-09T15:16:47.443"
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street opened in the green on Friday, attempting to recover from a big sell-off in the previous session when the Dow and the S&P 500 entered correction territory. The Dow Jones rose 139 points or 0.6%; the S&P 500 gained 16 points or 0.6% and the Nasdaq traded 57 points or 0.8% higher around 11 minutes after the opening bell.2018-02-09T14:44:36"
US Stocks Plummet on Thursday,Stock Market,"US Stocks Plummet on ThursdayUnited States Stock MarketWall Street declined sharply in another volatile session on Thursday 8 February 2018 amid a rise in Treasury yields as investors digest strong corporate results and expectations for higher inflation, borrowing costs and resilient growth. The Dow Jones plummeted 1033 point or 4.2% to 23860, now down 10% from its high. The S&P 500 plunged 101 points or 3.8% to 2581. The Nasdaq retreated 275 points or 3.9% to 6777. 2018-02-08T21:09:10"
United States Stock Market dropped 3.93%,Stock Market,"United States Stock Market dropped 3.93%United States Stock MarketThe Dow Jones Index fell 978 points. Leading the losses are American Express (-5.40%), Caterpillar (-5.22%) and General Electric (-5.10%).2018-02-08T21:00:02.967"
US 10Y Treasury Yield at New 2014 High,Government Bond 10Y,"US 10Y Treasury Yield at New 2014 HighUnited States Government Bond 10YThe US 10 year Treasury yield approached 2.9 percent on Thursday morning in NY, reaching a new high since January of 2014. The rise in government bond yields started on Friday February 2nd after the Labor report showed the US economy added more jobs than expected in January and wages grew the most since 2009, raising concerns over higher inflation and borrowing costs and prompting a stocks' sell-off.2018-02-08T18:08:36.713"
US Stocks Extend Losses,stock market,"US Stocks Extend LossesUnited States stock marketWall Street plunged in another volatile session on Thursday amid a rise in Treasury yields as investors digest strong corporate results and expectations for higher inflation, borrowing costs and resilient growth. The Dow Jones slumped 497 points or 2%; the S&P 500 went down 36 points or 1.3% and the Nasdaq lost 125 points or 1.8% around 12:30 PM NY time.2018-02-08T17:21:46"
US Stocks Trade Mostly Lower,Stock Market,"US Stocks Trade Mostly LowerUnited States Stock MarketWall Street swung between gains and losses in another volatile session on Thursday as investors digest strong corporate results and expectations for higher inflation, borrowing costs and resilient growth. The Dow Jones declined 159 points or 0.6%; the S&P 500 fell 10 points or 0.4% and the Nasdaq traded 18 points or 0.3% lower around 30 minutes after the opening bell. 2018-02-08T15:03:55.09"
US Jobless Claims Beat Forecasts,Initial Jobless Claims,"US Jobless Claims Beat ForecastsUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits dropped by 9 thousand to 221 thousand in the week ended February 3rd 2018, well below market expectations of 232 thousand. It is the lowest value in three weeks. The 4-week moving average which removes week-to-week volatility fell to the lowest since March 1973.2018-02-08T13:33:36"
US Stocks Close Down on Wednesday,Stock Market,"US Stocks Close Down on Wednesday United States Stock MarketWall Street closed mostly in the red on 7 February 2018, as volatility persisted amid uncertainty of how higher than expected wages in the US will impact the Fed’s next move. Declines were broad-based, with technology shares leading losses. The Dow Jones edged down 20 points or 0.1% to 24893. The S&P 500 lost 13 points or 0.5% to 2682. The Nasdaq retreated 64 points or 0.9% to 7052.2018-02-07T21:16:52"
US Consumer Credit Rises Below Expectations,Consumer Credit,"US Consumer Credit Rises Below Expectations United States Consumer CreditConsumer credit in the United States rose by USD 18.45 billion in December of 2017, following an upwardly revised USD 31.02 billion gain in the previous month and below market expectations of USD 20.00 billion. Revolving credit increased by USD 5.10 billion after rising by USD 11.10 billion in the previous month. Non-revolving credit went up by USD 13.40 billion, compared with a USD 20.00 billion gain in November. Considering full 2017, consumer credit rose 5.4 percent compared to a 6.7 percent gain in 2016.2018-02-07T20:16:41"
Dollar at Over 2-Week High,Currency,"Dollar at Over 2-Week HighUnited States CurrencyThe dollar index strengthened to above 90 on Wednesday, the highest in over 2 weeks as Wall Street is on track to post its second session of gains and the Senate is close to reach a deal on a spending bill to avoid a government shutdown. The DXY was up 0.7% to 90.22 around 12:00 PM NY time, the highest since January 22nd. 2018-02-07T17:01:36"
United States Stock Market is up by 1.12%,Stock Market,"United States Stock Market is up by 1.12%United States Stock MarketThe Dow Jones Index is picking up 280 points. Gains are led by Intel (3.52%), Wal-Mart (3.42%) and Boeing (3.07%).2018-02-07T16:30:02.21"
US Crude Oil Inventories Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up by 1.895 million barrels in the week ended February 2nd 2018, following a 6.776 million increase in the previous period and compared with market expectations of a 3.189 million rise. Meanwhile, gasoline inventories went up by 3.414 million, following a 1.98 million drop in the previous week and beating market expectations of a 0.459 million increase.2018-02-07T15:37:10.683"
US Stocks Mixed on Wednesday,Stock Market,US Stocks Mixed on WednesdayUnited States Stock MarketWall Street opened mixed on Wednesday as market volatility continues despite big gains in the previous session. The Dow Jones rose 107 points or 0.4% and the S&P 500 went up 11 points or 0.4% while the Nasdaq traded 14 points or 0.2% around 13 minutes after the opening bell.2018-02-07T14:47:04.517
US Mortgage Applications Rebound,Mortgage Applications,"US Mortgage Applications ReboundUnited States Mortgage ApplicationsMortgage applications in the United States rose 0.7 percent in the week ended February 2nd 2018, following a 2.6 percent drop in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went up 0.9 percent and applications to purchase a home were flat. The average fixed 30-year mortgage rate rose by 9bps to 4.5 percent, the highest since April of 2014.2018-02-07T12:12:41.723"
US Stocks Rebound Sharply on Tuesday,Stock Market,"US Stocks Rebound Sharply on TuesdayUnited States Stock MarketWall Street closed deeply in the green on Tuesday 6 February 2018, as confidence returned after a 2-day selloff that erased the year-to-date gains for US stocks. The Dow Jones gained 567 points or 2.3% to 24913. The S&P 500 jumped 46 points or 1.7% to 2695. The Nasdaq climbed 148 points or 2.1% to 7116. 2018-02-06T21:21:30.65"
United States Stock Market rose 2.03%,Stock Market,"United States Stock Market rose 2.03%United States Stock MarketThe Dow Jones Index rose 495 points. Leading the gains are DowDuPont Inc (5.43%), Boeing (3.63%) and Home Depot (3.60%).2018-02-06T21:00:02.473"
US Economic Optimism Index Highest in Over 13 Years,Economic Optimism Index,"US Economic Optimism Index Highest in Over 13 YearsUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States jumped to 56.7 in February of 2018 from 55.1 in January, beating market expectations of 55.4. It is the highest reading since October of 2004, boosted by a pay hikes fueled by tax cuts, bonuses and stock-market gains. All income groups exhibited optimism, though higher earners ($50,000 and up) were relatively more optimistic. Also, rural residents were more optimistic than at any time in more than a decade. The six-month economic outlook gained 2 points to 57.5, its highest level since October 2012 and the measure of confidence in federal economic policies jumped 3 points to 48. On the other hand, the personal financial outlook edged down 0.2 point to 63.8.2018-02-06T15:17:00"
US Job Openings Fall to 7-Month Low,Job Offers,"US Job Openings Fall to 7-Month LowUnited States Job OffersThe number of job openings in the United States fell to 5.811 million in December 2017 from an upwardly revised 5.978 million in the previous month and below market expectations of 5.900 million. It was the lowest level since May, as job openings decreased mainly in professional and business services (-119,000), retail trade (-85,000), and construction (-52,000). Across regions, the number of job openings dropped in the South (-117,000), the Midwest (-77,000) and the Northeast (-14,000).2018-02-06T15:06:49.163"
US Stocks Attempt to Erase Losses,Stock Market,US Stocks Attempt to Erase LossesUnited States Stock MarketWall Street opened in the red on Tuesday but swung between small gains and losses as stocks try to recover from the recent 2-day selloff. The Dow Jones went up 53 points or 0.2%; the S&P 500 added 7 points or 0.2% and the Nasdaq traded 28 points or 0.4% higher around 20 minutes after the opening bell. 2018-02-06T14:51:22.653
US Stocks Fall Further,Stock Market,"US Stocks Fall FurtherUnited States Stock MarketWall Street opened in the red on Tuesday, extending the sell-off for the third session. The Dow Jones went down 148 points or 0.6%; the S&P 500 lost 18 points or 0.7% and the Nasdaq traded 30 points or 0.4% lower around 5 minutes after the opening bell. 2018-02-06T14:30:01"
US Exports Rise 1.8% to All-Time High in December,Exports,"US Exports Rise 1.8% to All-Time High in DecemberUnited States ExportsExports of goods and services from the US rose USD 3.5 billion, or 1.8 percent, from the previous month to an all-time high of USD 203.4 billion in December 2017. Goods exports increased by USD 3.4 billion to USD 137.5 billion, boosted by higher sales of: industrial supplies and materials, mainly organic chemicals and fuel oil; and capital goods, of which civilian aircraft and other industrial machines. Also, exports of services went up USD 0.1 billion to USD 65.9 billion. On a non-seasonally adjusted basis, exports rose to Japan (11.4 percent), China (7.5 percent) and the EU (5.2 percent), but fell to Mexico (-9 percent) and Canada (-7.4 percent). Considering 2017 full year, exports increased USD 121.2 billion, or 5.5 percent, from the previous year to USD 2.33 trillion.2018-02-06T13:39:54"
US Imports Jump 2.5% to a Record High in December,Imports,"US Imports Jump 2.5% to a Record High in DecemberUnited States ImportsImports of goods and services to the US increased USD 6.2 billion, or 2.5 percent, from the previous month to an all-time high of USD 256.5 billion in December 2017. Goods imports grew USD 6.0 billion to USD 210.8 billion, the highest level on record, boosted by rising purchases of: consumer goods, mainly pharmaceutical preparations and cell phones; automotive vehicles, parts, and engines, driven by passenger cars; and capital goods. In addition, imports of services went up USD 0.3 billion to USD 45.7 billion. On a non-seasonally adjusted basis, imports rose from the EU (6.1 percent) and Japan (3.7 percent), but fell from Mexico (-9.3 percent), China (-7.6 percent) and Canada (-2.6 percent). Considering 2017 full year, imports advanced USD 182.5 billion, or 6.7 percent, from the previous year to USD 2.90 trillion.2018-02-06T13:36:47"
US Trade Gap at 9-Year High,Balance of Trade,"US Trade Gap at 9-Year HighUnited States Balance of TradeThe US recorded a USD 53.1 billion trade gap in December of 2017, following a downwardly revised 50.4 billion gap in November and compared to market expectations of a USD 52 billion shortfall. It is the biggest trade gap since October of 2008 as imports rose 2.5 percent to a  new record high of 256.5 billion,and exports grew 1.8 percent to a new record high of 203.4 billion. Considering full 2017, the US trade gap widened 12.1 percent to USD 566.0 billion, the highest since 2008.2018-02-06T13:36:09"
US Stocks Plunge on Monday to Extend Selloff,Stock Market,"US Stocks Plunge on Monday to Extend SelloffUnited States Stock MarketWall Street closed deeply in the red on Monday 5 February 2018, after a strong jobs and rising wages report on Friday prompted a rise in Treasury yields and raised concerns over higher inflation and interest rates. All major indices plummeted on Monday to erase the yearly advance, with plunging sector across the board. The Dow Jones retreated 1175 points or 4.6% to 24346. The S&P 500 fell 113 points or 4.1% to 2649. The Nasdaq lost 273 points or 3.8% to 6968. 2018-02-05T21:07:55"
United States Stock Market dropped 4.17%,Stock Market,"United States Stock Market dropped 4.17%United States Stock MarketThe Dow Jones Index fell 1064 points. Leading the losses are Boeing (-5.20%), 3M (-5.17%) and Home Depot (-4.95%).2018-02-05T21:00:03.51"
US Services Sector Growth Highest Since 2005: ISM,Non Manufacturing PMI,"US Services Sector Growth Highest Since 2005: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States jumped to 59.9 in January of 2018 from an upwardly revised 56 in December, beating market forecasts of 56.5. The reading pointed to the strongest expansion in the services sector since August of 2005 amid rising production, new orders and employment which was the strongest on record.2018-02-05T15:06:36"
US Private Sector Growth Eases in January: Markit,Composite Pmi,"US Private Sector Growth Eases in January: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI edged down to 53.8 in January of 2018 from 54.1 in December, matching preliminary figures. The reading pointed the slowest expansion in private sector activity in eight months amid weaker services growth (53.3 from 53.7) while manufacturing rose faster (55.5 from 55.1).2018-02-05T14:59:18"
US Services PMI Confirmed at 9-Month Low: Markit,Services PMI,"US Services PMI Confirmed at 9-Month Low: MarkitUnited States Services PMIThe IHS Markit US Services PMI fell to 53.3 in January of 2018 from 53.7 in December, matching preliminary figures. The reading pointed to a solid expansion in the services sector, albeit the slowest pace of growth since April of 2017. Output rose at a lower pace although it remained solid; new business continued to expand strongly, rising the most since last September; and job creation remained solid. Also, backlog accumulation accelerated to a rate that was the joint-sharpest since March of 2015; and inflationary pressures intensified for both input prices, namely fuel and output charges. Finally, business confidence increased and reached a three-month high amid planned investment and expectations of stronger client demand.2018-02-05T14:54:28.583"
US Selloff Continues,Stock Market,"US Selloff ContinuesUnited States Stock MarketWall Street opened sharply in the red on Monday, extending Friday's losses after a strong jobs report prompted a rise in Treasury yields and raised concerns over higher inflation and interest rates. The Dow Jones went down 200 points or 0.8%; the S&P 500 lost 17 points or 0.6% and the Nasdaq traded 52 points or 0.7% lower around 5 minutes after the opening bell.2018-02-05T14:30:04"
US Stocks Plunge on Worst Week in 2 Years,Stock Market,"US Stocks Plunge on Worst Week in 2 YearsUnited States Stock MarketWall Street plummeted to book their worst week in two years on Friday 2 February 2018 amid a jump in yields after the jobs report showed the US economy added a better-than-expected 200 thousand jobs in January and the annual rise in wages was the strongest in more than 8 years, with the US jobless rate standing at a 17-year low of 4.1 percent in January 2018. The Dow Jones plunged 666 points or 2.5% to 25521. The S&P 500 lost 60 points or 2.1% to 2762. The Nasdaq retreated 144 points or 2.0% to 7242. During the week, the Dow Jones tumbled 4.1%; the S&P 500 3.9%; and the Nasdaq 3.5%. 2018-02-02T21:11:53.997"
United States Stock Market dropped 2.64%,Stock Market,"United States Stock Market dropped 2.64%United States Stock MarketThe Dow Jones Index fell 692 points. Leading the losses are Exxon Mobil (-6.14%), Chevron (-5.91%) and Goldman Sachs (-4.62%).2018-02-02T21:00:04.073"
US Consumer Sentiment Revised Sharply Higher,Consumer Confidence,"US Consumer Sentiment Revised Sharply Higher United States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States was revised sharply higher to 95.7 in January of 2018 from a preliminary of 94.4, beating market expectations of 95. It compares with 95.9 in December. Future expectations increased more than anticipated amid higher confidence in future job security and growth in wages as well as financial assets.2018-02-02T15:10:56.043"
US Factory Orders Rise More than Expected in December,Factory Orders,"US Factory Orders Rise More than Expected in DecemberUnited States Factory OrdersNew orders for US manufactured goods jumped 1.7 percent month-over-month in December 2017, the same pace as in November and above market expectations of 1.5 percent. Transportation equipment led the increase (7.1 percent vs 4.5 percent in November), followed by fabricated metal products (1.1 percent vs 0.3 percent) and machinery (0.4 percent vs -0.3 percent), while there was a slowdown in orders for primary metals (1.8 percent vs 1.9 percent). On the other hand, orders fell for electrical equipment, appliances, and components (-0.9 percent vs 0.4 percent) and computers and electronic products (-0.1 percent vs -0.8 percent).2018-02-02T15:05:37"
Dollar Spikes After Strong Jobs Report,Currency,"Dollar Spikes After Strong Jobs ReportUnited States CurrencyThe dollar jumped on Friday after data showed the US economy added a solid 200 thousand jobs in January and wages rose 2.9 percent year-on-year, the highest gain since 2009. The dollar index was up near 0.6% to 92.1 around 10:00 AM NY time. 2018-02-02T14:59:44"
ISM New York Highest Since 2006,Ism New York Index,"ISM New York Highest Since 2006United States Ism New York IndexThe ISM New York Current Business Conditions in the United States jumped to 72.5 in January of 2018 from 56.3 in December of 2017, reaching the highest since November of 2006. Employment rebounded (58.4 from 42.9); expected revenues increased faster (68.4 from 63.6) and price pressures eased (60.5 from 66.7). On the other hand, a slowdown was seen in quantity of purchases (50 from 55) and current revenues shrank (47.4 from 55). The Six-Month Outlook fell to 76.1 from an 11-year high of 85.7 in December. If not for the spike reported in December, January’s outlook would represent a 4-year high. 2018-02-02T14:54:02.57"
US Stocks Fall on Friday,Stock Market,"US Stocks Fall on FridayUnited States Stock MarketWall Street slumped at the open on Friday amid a jump in yields after the jobs report showed the US economy added a better-than-expected 200 thousand jobs in January and the annual rise in wages was the strongest in more than 8 years. The Dow Jones was down 212 points or 0.8%, the S&P 500 fell 16 points or 0.6% and the Nasdaq traded 24 points or 0.3% lower around 5 minutes after the opening bell.2018-02-02T14:41:40.97"
US 10-year Treasury Yield Rises above 2.8%,Government Bond 10Y,"US 10-year Treasury Yield Rises above 2.8%United States Government Bond 10YThe 10 year Treasury yield jumped to 2.84 percent on Friday, the level not seen since January of 2014 after Labor report showed US economy added more jobs than expected in January and wages grew the most since 2009.

2018-02-02T13:51:01.777"
"US Wages Rise 0.3% MoM in January, Match Forecasts",Average Hourly Earnings,"US Wages Rise 0.3% MoM in January, Match ForecastsUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents, or 0.3 percent, to  USD 26.74, following an upwardly revised 0.4 percent gain in December. Figures matched market consensus. Over the year, average hourly earnings have risen by 75 cents, or 2.9 percent, the largest increase since June 2009, after an upwardly revised 2.7 percent gain in December. Average hourly earnings of private-sector production and nonsupervisory employees increased by 3 cents to USD 22.34 in January.

2018-02-02T13:31:42"
US Jobless Rate Holds Steady at 17-Year Low,Unemployment Rate,"US Jobless Rate Holds Steady at 17-Year LowUnited States Unemployment RateUS unemployment rate stood at a 17-year low of 4.1 percent in January 2018, unchanged from the previous month and in line with market consensus. The number of unemployed increased by 108 thousand to 6.68 million. 2018-02-02T13:31:39.157"
US Economy Adds 200K Jobs in January,Non Farm Payrolls,"US Economy Adds 200K Jobs in January United States Non Farm PayrollsNon farm payrolls in the United States increased by 200 thousand in January of 2018, following an upwardly revised 160 thousand in December and beating market expectations of a 180 thousand. Employment continued to trend up in construction, food services and drinking places, health care, and manufacturing.2018-02-02T13:31:28"
Exxon Mobil earnings at 0.88 USD,Earnings,Exxon Mobil earnings at 0.88 USDUnited States EarningsExxon Mobil (XOM) released earnings per share at 0.88 USD.2018-02-02T13:30:35.703
Apple earnings at 3.89 USD,Earnings,Apple earnings at 3.89 USDUnited States EarningsApple (AAPL) released earnings per share at 3.89 USD.2018-02-01T21:43:22.423
Amazon earnings at 3.75 USD,Earnings,Amazon earnings at 3.75 USDUnited States EarningsAmazon (AMZN) released earnings per share at 3.75 USD.2018-02-01T21:12:28.423
US Construction Spending Hits Record High in December,Construction Spending,"US Construction Spending Hits Record High in DecemberUnited States Construction SpendingConstruction spending in the US rose 0.7 percent month-on-month to an all-time high of USD 1.25 trillion in December 2017, following a downwardly revised 0.6 percent increase in November and beating market expectations of 0.4 percent. Spending on private construction jumped 0.8 percent to a record high of USD 963.2 billion, following a 0.7 percent gain in the previous month, boosted by both residential (0.5 percent vs 1.1 percent in November) and nonresidential projects (1.1 percent vs 0.3 percent). Also, spending on public construction went up 0.3 percent in December after edging up 0.1 percent in November. Year-on-year, construction spending rose 2.6 percent. In 2017, construction spending increased 3.8 percent, the least since 2011.2018-02-01T15:05:49"
US Factory Growth Beats Forecasts in January: ISM,Business Confidence,"US Factory Growth Beats Forecasts in January: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US edged down to 59.1 in January of 2018 from a downwardly revised 59.3 in December, beating market expectations of 58.8. Slowdowns were seen in new orders and production despite maintaining high levels of expansion. Employment also eased.2018-02-01T15:04:41"
US Factory Growth Confirmed at Near 3-Year High: Markit,Manufacturing PMI,"US Factory Growth Confirmed at Near 3-Year High: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was confirmed at 55.5 in January of 2018, the same as in the preliminary estimate and above 55.1 in December. The reading pointed to the strongest expansion in factory activity since March of 2015 as production and new orders grew the most in twelve months; purchasing activity rose at steepest pace since September of 2014 and input price inflation eased.2018-02-01T14:49:36.423"
Graham Ghm earnings at 0.19 USD,Earnings,Graham Ghm earnings at 0.19 USDUnited States EarningsGraham Ghm (GHM) released earnings per share at 0.19 USD.2018-02-01T13:46:41.287
US Productivity Unexpectedly Falls in Q4,Productivity,"US Productivity Unexpectedly Falls in Q4United States ProductivityLabor productivity in the US nonfarm business sector fell by an annualized 0.1 percent on quarter in the last quarter of 2017, preliminary estimates showed. It follows a downwardly revised 2.7 percent rise in the previous period and compares with market expectations of a 0.8 percent increase. It is the first decline in productivity since the first three months of 2016 as output went up 3.2 percent and hours worked rose 3.3 percent. Considering full 2017, productivity grew 1.2 percent, rebounding from a 0.1 percent drop in 2016, with output and hours rising 2.9 percent and 1.6 percent, respectively. 
2018-02-01T13:35:16"
US Unit Labor Costs Jump 2% in Q4,Labour Costs,"US Unit Labor Costs Jump 2% in Q4United States Labour CostsUnit labor costs in the US nonfarm business sector rose an annualized 2 percent in the fourth quarter of 2017, following a 0.1 percent drop in the previous three-month period and beating market expectations of 0.9 percent. The increase was led by  a 1.8-percent advance in hourly compensation. Considering full 2017, labor costs edged up 0.2 percent, following a 1.1 percent rise in 2016.2018-02-01T13:35:02"
US Jobless Claims Unexpectedly Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Unexpectedly Fall in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits dropped by 1 thousand to 230 thousand in the week ended January 27th, from the previous week's downwardly revised level of 231 and compared with market expectations of 238.



2018-02-01T13:33:40"
US Planned Layoffs Jump 38% in January,Challenger Job Cuts,"US Planned Layoffs Jump 38% in JanuaryUnited States Challenger Job CutsJob cuts announced by US-based employers jumped 37.7 percent to 44,653 in January of 2018 from 32,423 in December, reaching the highest in a year. Retailers cut the most jobs (15,378), followed by consumer products (7,158); health care/products (6,531); services (3,212); transportation (1,472); food (1,286) and energy (1,129). Year-on-year, job cuts fell 2.8 percent.2018-02-01T12:36:18.587"
Microsoft earnings at 0.96 USD,Earnings,Microsoft earnings at 0.96 USDUnited States EarningsMicrosoft (MSFT) released earnings per share at 0.96 USD.2018-01-31T21:16:30.863
Facebook earnings at 2.21 USD,Earnings,Facebook earnings at 2.21 USDUnited States EarningsFacebook (FB) released earnings per share at 2.21 USD.2018-01-31T21:16:28.987
Fed Leaves Rates Steady,Interest Rate,Fed Leaves Rates Steady United States Interest RateThe Federal Reserve kept its target range for the federal funds rate unchanged at 1.25-1.5 percent on January 31st 2018 but signaled a rate hike in March is on the table. The decision came in line with market forecasts. Policymakers said inflation is seen rising this year and economic conditions are expected to evolve in a manner that will warrant further gradual increases in the federal funds rate.2018-01-31T19:00:56
US Crude Oil Stocks Rise for 1st Time in Over 2 Months,Crude Oil Stocks Change,"US Crude Oil Stocks Rise for 1st Time in Over 2 MonthsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 6.776 million barrels in the week ended January 26th 2018, following a 1.071 million drop in the previous period and compared with market expectations of a 0.126 million increase. It was the first weekly increase in two-and-a-half months. Meanwhile, gasoline inventories went down by 1.980 million, following a 3.098 million rise in the previous week and missing market expectations of a 1.809 million fall.2018-01-31T15:50:53"
US Chicago PMI Falls Less than Expected,Chicago Pmi,"US Chicago PMI Falls Less than ExpectedUnited States Chicago PmiThe MNI Chicago Business Barometer fell to 65.7 in January of 2018 from an upwardly revised 67.8 in December which was the highest since March 2011. The figure beat market expectations of 64.2 and remained above the average of 63.7 in the second half of 2017. Incoming orders eased to a 5-month low; output slowed and backlogs were the lowest since May. Also, input inflation reached the highest since September. On the other hand, employment reached a near 6-year high. 2018-01-31T15:05:55"
US Pending Home Sales Rise Unexpectedly in December,Pending Home Sales,"US Pending Home Sales Rise Unexpectedly in DecemberUnited States Pending Home SalesContracts to buy previously owned homes in the United States rose unexpectedly by 0.5 percent year-on-year in December 2017, following a 0.8 percent increase in the previous month, while markets were expecting a 0.2 percent drop. Contracts rose in the South (4 percent) and the Midwest (0.3 percent) but fell in the West (-3.1 percent) and the Northeast (-2.7 percent). Compared to the previous month, pending home sales also advanced 0.5 percent, following a revised 0.3 percent gain in November and matching market consensus. 2018-01-31T15:04:33"
US Stocks Bounce Back,Stock Market,"US Stocks Bounce BackUnited States Stock MarketWall Street opened in the green on Wednesday, rebounding from a 2-day loss amid better-than-expected earnings for Boeing, Eli Lily and Anthem while investors await the Fed rate decision later in the day. The Dow Jones was up 244 points or 0.%, the S&P 500 added 15 points or 0.6% and the Nasdaq rose 46 points or 0.6% around 5 minutes after the opening bell. 2018-01-31T14:37:27"
US Employment Costs Rise 0.6% in Q4,Employment Cost Index,"US Employment Costs Rise 0.6% in Q4United States Employment Cost IndexCompensation costs for civilian workers increased 0.6 percent in the fourth quarter of 2017, following a 0.7 percent rise in the previous period and matching market expectations. Wages and salaries, which make up about 70 percent of compensation costs, went up 0.5 percent (vs 0.7 percent in Q3) and benefits, which make up the remaining 30 percent of compensation, rose 0.5 percent (vs 0.8 percent in Q3). Year-on-year, compensation costs for civilian workers increased 2.6 percent.2018-01-31T13:33:17.177"
US Private Sector Adds More Jobs than Expected: ADP,ADP Employment Change,"US Private Sector Adds More Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 234 thousand workers in January of 2018, below a downwardly revised 242 thousand in December but beating market expectations of 186 thousand. The service-providing sector added 212 thousand jobs, boosted by trade, transportation and utilities sector (51 thousand); education and health (47 thousand); professional and business (46 thousand); leisure and hospitality (46 thousand); financial activities (16 thousand) and other services (9 thousand). On the other hand, the information sector lost 3 thousand jobs. The goods-producing sector added 22 thousand jobs supported by manufacturing (12 thousand), construction (9 thousand) and natural resources and mining (1 thousand). Midsized companies were the ones hiring the most workers (91 thousand), followed by large (85 thousand) and small (58 thousand).
2018-01-31T13:21:11.083"
US Mortgage Applications Drop for 1st Time in 5 Weeks,Mortgage Applications,"US Mortgage Applications Drop for 1st Time in 5 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States fell 2.6 percent in the week ended January 26th 2018, following a 4.5 percent increase in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home went down 3.4 percent and refinance applications shrank 2.9 percent. The average fixed 30-year mortgage rate rose by 5bps to 4.41 percent, reaching the highest since March.2018-01-31T12:09:18.323"
Dollar Set for Biggest Monthly Loss in Nearly 2 Years,Currency,"Dollar Set for Biggest Monthly Loss in Nearly 2 YearsUnited States CurrencyThe dollar index fell as much as 0.3% to 88.92 in early London trading on Wednesday, taking its losses to 3.5 percent in January, its biggest monthly drop since March 2016, after US President Donald Trump delivered his first State of the Union Address.2018-01-31T08:55:36"
US Stocks Drop Sharply on Tuesday,Stock Market,"US Stocks Drop Sharply on TuesdayUnited States Stock MarketWall Street closed deep in the red on 30 January 2018, as a sharp drop in oil prices and cautiousness ahead of the US Federal Reserve's two-day monetary policy meeting weighed on sentiment. Also, health care shares were dragged down after Amazon, J.P. Morgan Chase and Berkshire Hathaway announced plans to launch a new health care company. The Dow Jones lost 363 points or 1.4% to 26077. The S&P 500 retreated 26 points or 0.9% to 2827. The Nasdaq declined 64 points or 0.9% to 7402. 2018-01-30T21:06:18.953"
United States Stock Market dropped 1.36%,Stock Market,"United States Stock Market dropped 1.36%United States Stock MarketThe Dow Jones Index fell 361 points. Leading the losses are UnitedHealth (-4.42%), McDonalds (-3.32%) and Pfizer (-3.22%).2018-01-30T21:00:06.747"
US Stocks Lose on Tuesday,Stock Market,"US Stocks Lose on TuesdayUnited States Stock MarketWall Street opened sharply in the red on Tuesday, extending losses from the previous session  mainly dragged down by health care shares after Amazon, J.P. Morgan Chase and Berkshire Hathaway announced plans to launch  a new health care company. The Dow Jones lost 198 points or 0.8% to 26242 around 10 minutes after the opening bell; the S&P 500 went down 19 points or 0.7% to 2853 and the Nasdaq traded 62 points or 0.8% lower at 7406.2018-01-30T14:46:10"
US Home Prices Rise the Most in Over 3 Years,Case Shiller Home Price Index YoY,"US Home Prices Rise the Most in Over 3 YearsUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite home price index of 20 metropolitan areas in the US rose 6.4 percent year-on-year in November 2017, following a revised 6.3 percent advance in October and matching market expectations. It was the steepest increase in home prices since July 2014. Prices went up the most in Seattle (12.7 percent), followed by Las Vegas (10.6 percent) and San Francisco (9.1 percent). Meanwhile, the national index, covering all nine US census divisions rose 6.2 percent, compared to 6.1 percent in the previous month.2018-01-30T14:06:42"
US Stocks Slide on Monday,Stock Market,"US Stocks Slide on MondayUnited States Stock MarketWall Street closed moderately in the red on 29 January 2018, ahead of tech giants’ upcoming earnings releases; Fed Chairman Janet Yellen’s final policy meeting; and President Trump’s first State of the Union address. The Dow Jones lost 177 points or 0.7% to 26439. The S&P 500 dipped 19 points or 0.7% to 2854. The Nasdaq declined 39 points or 0.5% to 7467.2018-01-29T21:08:55"
Dallas Fed Manufacturing Index Highest Since 2005,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Highest Since 2005United States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to 33.4 in January of 2018 from 29.7 in December, beating market expectations of 25.3. It is the highest since December of 2005 amid faster increases in shipments (27.1 from 21.5) and capital expenditures (20 from 19). On the other hand, production remained elevated but retreated to 16.8 after surging to an 11-year high of 32.8. Also, capacity utilization declined (14.5 from 26.3; new orders (25.5 from 30.1), unfilled orders (7.1 from 9.2), employment (15.2 from 20.4), hours worked (13.4 from 23.3) and wages and benefits (23.3 from, 25.1) eased; and price pressures intensified for both prices paid (33.5 from 32.5) and received (22.3 from 17.9). Finished goods inventories were flat (0 from -2). the index of future general business activity rose four points to 44.5, its highest level since December 2004. 2018-01-29T15:44:08"
US PCE Prices Rise 0.1% MoM in December,PCE Price Index Monthly Change,"US PCE Prices Rise 0.1% MoM in DecemberUnited States PCE Price Index Monthly ChangeThe personal consumption expenditures (PCE) price index in the United States increased 0.1 percent month-over-month in December of 2017, following a 0.2 percent rise in November. The increase in cost of services (0.2 percent, the same as in November) was partly offset by a 0.2 percent decline in prices of goods (0.3 percent in November). Cost fell for both nondurable goods (-0.2 percent from 0.5 percent) and durable goods (-0.1 percent from -0.2 percent). Excluding food and energy, PCE prices went up 0.2 percent, compared to a 0.1 percent increase in the prior month. On the year, the PCE price index went up 1.7 percent and the core one rose 1.5 percent. The so-called core PCE price index is the Fed's preferred inflation gauge, targeted at 2 percent. 

2018-01-29T13:35:36"
US Personal Spending Rises 0.4% in December,Personal Spending,"US Personal Spending Rises 0.4% in DecemberUnited States Personal SpendingPersonal consumption expenditures in the US increased 0.4 percent month-over-month in December of 2017, following an upwardly revised 0.8 percent rise in November and mainly boosted by spending on motor vehicles and utilities. Still, figures came below market expectations of a 0.5 percent gain. The saving rate dropped to 2.4 percent from 2.5 percent, hitting the lowest level since September 2005. Considering full 2017, PCE increased 4.5 percent, compared to a 4 percent gain in 2016.2018-01-29T13:33:50"
US Personal Income Rises 0.4% in December,Personal Income,"US Personal Income Rises 0.4% in DecemberUnited States Personal IncomePersonal income in the United States rose by 0.4 percent month-over-month in December 2017, following a 0.3 percent gain in November and beating market expectations of 0.3 percent. The advance in personal income in December primarily reflected increases in wages and salaries (0.5 percent vs 0.4 percent in November) and personal interest income (1.2 percent, the same as in November). Considering 2017 full year, personal income rose by 3.1 percent in 2017, compared with an increase of 2.4 percent in 2016.2018-01-29T13:31:39"
US 10Y Bond Yield Hits 3-year High,Government Bond 10Y,US 10Y Bond Yield Hits 3-year Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 3-year high of 2.6842%2018-01-29T01:31:36.61
US Stocks Surge to Fresh Records After GDP Data,Stock Market,"US Stocks Surge to Fresh Records After GDP DataUnited States Stock MarketWall Street closed deep in the green on Friday 26 January 2018, as the advance estimate from the BEA showed that the US economy expanded an annualized 2.6% on quarter in Q4, below 3.2% in Q3 and forecasts of 3%, but mainly explained by a downturn in private inventory investment, with personal consumption expenditure contributing 2.58 percentage points to growth (1.49 percent in Q3). All three major indices reached new records. The Dow Jones jumped 224 points or 0.9% to 26617. The S&P 500 advanced 34 points or 1.2% to 2873. The Nasdaq gained 95 points or 1.3% to 7506.During the week, the Dow Jones surged 2.1%; the S&P 500 2.2%; and the Nasdaq 2.3%. 2018-01-26T21:16:31"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 264782018-01-26T15:01:20.573
US Wholesale Inventories Rise 0.2% MoM,Wholesale Inventories,"US Wholesale Inventories Rise 0.2% MoMUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.2 percent month-over-month to USD 611.4 billion in December of 2017, lower than a downwardly revised 0.7 percent gain in November, according to an advance estimate.2018-01-26T13:38:09"
US Durable Goods Orders Rise the Most in Over a Year,Durable Goods Orders,"US Durable Goods Orders Rise the Most in Over a YearUnited States Durable Goods OrdersNew orders for US manufactured durable goods jumped 2.9 percent month-over-month in December 2017, following an upwardly revised 1.7 percent rise in November and easily beating market expectations of 0.8 percent. It was the steepest increase in durable goods orders since October 2016, led by transportation equipment (up 7.4 percent). Excluding transportation, orders went up 0.6 percent while without defense they grew 2.2 percent.2018-01-26T13:33:49"
US GDP Growth Lower than Expected in Q4,GDP Growth Rate,"US GDP Growth Lower than Expected in Q4United States GDP Growth RateThe US economy expanded an annualized 2.6 percent on quarter in the last quarter of 2017, below 3.2 percent in the previous period and market expectations of 3 percent, the advance estimate from the BEA showed. The deceleration in real GDP growth in the fourth quarter reflected a downturn in private inventory investment that was partly offset by accelerations in PCE, exports, nonresidential fixed investment, state and local government spending, and federal government spending, and an upturn in residential fixed investment. Imports turned up.2018-01-26T13:33:16.337"
Dow Jones Books New High on Thursday,Stock Market,"Dow Jones Books New High on ThursdayUnited States Stock MarketWall Street closed mixed on Thursday 25 January 2018, as President Trump declared on Davos that the USD would continue to strengthen and that remarks from Treasury Secretary Mnuchin were taken out of context, paring the greenback’s decline. Also, among other economic news, sales of new single-family houses in the US shrank 9.3% MoM in December of 2017, falling more than expected. The Dow Jones gained 141 points or 0.5% to a fresh record of 26393. The S&P 500 edged up 2 points or 0.1% to 2839, also clinching a new high. In contrast, the Nasdaq inched down 4 points or 0.1% to 7411. 2018-01-25T21:10:05"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 264312018-01-25T17:05:22.507
US New Home Sales Fall More than Expected,New Home Sales,"US New Home Sales Fall More than ExpectedUnited States New Home SalesSales of new single-family houses in the United States shrank 9.3 percent month-over-month to a seasonally adjusted annual rate of 625 thousand in December of 2017 from a downwardly revised 689 thousand in November which was the highest reading since October of 2007. Figures came below market forecasts of 676 thousand. Sales fell in all four regions.
2018-01-25T15:07:16.963"
US Jobless Claims Rise Less than Expected,Initial Jobless Claims,"US Jobless Claims Rise Less than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits rose by 17 thousand to 233 thousand in the week ended January 20th, from the previous week's 45-year low of 216 thousand and below market expectations of 236 thousand. The claims taking procedures in Puerto Rico and in the Virgin Islands have still not returned to normal.
2018-01-25T13:31:53.437"
Dollar Extends Losses,Currency,Dollar Extends LossesUnited States CurrencyThe dollar index declined for the fourth session on Thursday to a fresh 3-year low of 89.1 after Treasury Secretary Steven Mnuchin said on Wednesday at the World Economic Forum in Davos that a weak dollar benefits the US.2018-01-25T08:25:59
US Stocks Close Mixed on Wednesday,Stock Market,"US Stocks Close Mixed on WednesdayUnited States Stock MarketWall Street closed mixed on Wednesday 24 January 2018, with the Dow Jones indexes reaching record highs as earnings season continues, with Abbott Laboratories, United Technologies, Baker Hughes and Comcast beating market expectations. Meantime, the USD traded lower on comments from US Treasury Secretary Mnuchin, who said a weak dollar is good for the US economy. The Dow Jones gained 41 points or 0.2% to 26252. The S&P 500 edged down 2 points or 0.1% to 2838. The Nasdaq lost 45 points or 0.6% to 7415. 2018-01-24T21:09:04"
US Crude Oil Inventories Fall for 10th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 10th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.071 million barrels in the week ended January 192th 2018, following a 6.861million drop in the previous period and compared with market expectations of a 1 million decline. It marks the tenth consecutive week of falls, the longest losing streak since at least 1982. Meanwhile, gasoline inventories went up by 3.098 million, following a 3.62 million rise in the previous week and above market expectations of a 2.486 million increase.
2018-01-24T15:43:14.85"
Dollar Reaches New 3-Year Low,Currency,"Dollar Reaches New 3-Year LowUnited States CurrencyThe dollar index fell even further to 89.28 on Wednesday, its lowest level since December 18th, 2014, after Treasury Secretary Steven Mnuchin commented at the World Economic Forum in Davos that a weak dollar benefits the US.2018-01-24T15:13:37"
US Existing Home Sales Fall More than Expected,Existing Home Sales,"US Existing Home Sales Fall More than ExpectedUnited States Existing Home SalesSales of previously owned houses in the US shrank 3.6 percent mom to a seasonally adjusted annual rate of 5.57 million in December of 2017 from a downwardly revised 5.78 million rate in November which was the highest since February of 2007. It compares with market expectations of a 2.2 percent decline to 5.72 million. Sales of single family houses went down 2.6 percent to 4.96 million, following a 4.5 percent rise in November and sales of condos slumped 11.6 percent to 0.610 million after a 9.5 percent jump. The median house price edged down to $246,800 fro $247,200 in November and the months' worth of supply fell to 3.2 from 3.5. In addition, the number of houses available in the market went down to a record low of 1.48 million from 1.67 million in October. Considering full 2017, existing home sales increased 1.1 percent to 5.51 million units, the highest level since 2006.2018-01-24T15:09:16"
US Services Sector Growth Slows to 9-Month Low: Markit,Services PMI,"US Services Sector Growth Slows to 9-Month Low: MarkitUnited States Services PMIThe flash IHS Markit US Services PMI came in at 53.3 in January of 2018, down slightly from 53.7 in December and below market consensus of 54.0. The figure pointed to the slowest expansion in the services sector since April last year, as new business and employment continued to ease. Despite this, new orders grew at robust pace, amid higher client demand and greater willingness to spend among consumers. On the price front, input inflation rose the most in four months which resulted in another sharp increase in selling prices. Meanwhile, business confidence towards the future outlook was the strongest in three months. Higher degree of optimism was linked to rising volumes of new work and the improving economic situation.2018-01-24T14:54:47"
US Private Sector Growth Eases to 8-Month Low: Markit,Composite Pmi,"US Private Sector Growth Eases to 8-Month Low: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI fell to 53.8 in January 2018 from 54.1 in the previous month, but above market expectations of 53.5, the flash estimate showed. The reading pointed to the weakest pace of expansion in the private sector since May. Still, employment continued to rise at a strong pace and new work increased the most in five months. Also, business optimism rebounded from a 15-month low seen in December. On the price front, input cost inflation hit a four-month high on higher prices of fuel and energy. Across sectors, services activity growth slowed to a nine-month low (PMI at 53.3 from 53.7 in December) while manufacturing output rose the most since March 2015 (PMI at 55.5 from 55.1 in December). 2018-01-24T14:49:36"
US Factory Growth at Near 3-Year High: Markit,Manufacturing PMI,"US Factory Growth at Near 3-Year High: MarkitUnited States Manufacturing PMIThe IHS Markit Manufacturing PMI for the US rose to 55.5 in January of 2018 from 55.1 in December and slightly above market expectations of 55, preliminary estimates showed. The reading pointed to the strongest expansion in factory activity since March of 2015 amid faster rises in production volumes and incoming new work. Also, export sales expanded the most since August of 2016 and more favourable demand conditions encouraged another robust rise in employment, although the rate of job creation eased slightly from December’s 39-month peak.2018-01-24T14:49:18"
US Stock at New High,Stock Market,"US Stock at New HighUnited States Stock MarketWall Street traded in the green on Wednesday, with the 3 key stock indexes reaching record highs as the earnings season continues. Earnings for Abbott Laboratories, United Technologies, Baker Hughes and Comcast beat market expectations. The Dow Jones went up 170 points or 0.7% to 26381; the S&P 500 gained 13 points or 0.5% to 2852 and the Nasdaq traded 23 points or 0.3% higher at 7482 around 10:15 AM NY time.2018-01-24T14:30:16"
US House Prices Rise 0.4% in November: FHFA,FHFA House Price Index MoM,"US House Prices Rise 0.4% in November: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.4 percent month-over-month in November of 2017, following an upwardly revised 0.6 percent gain in October. Price changes ranged from -1.1 percent in the East South Central division to +0.9 percent in the West North Central division. Year-on-year, house prices went up 6.5 percent after rising 6.6 percent in October. Annual changes ranged from 4.2 percent in the Middle Atlantic division to 8.9 percent in the Mountain division.
2018-01-24T14:06:52"
US Mortgage Applications Rise for 4th Week,Mortgage Applications,"US Mortgage Applications Rise for 4th WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 4.5 percent in the week ended January 19th 2018, following a 4.1 percent increase in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home went up 6.1 percent and refinance applications advanced 0.9 percent. The average fixed 30-year mortgage rate edged up by 3bps to 4.36 percent, reaching the highest since March.2018-01-24T12:05:38.507"
Dollar Falls to Over 3-Year Low,Currency,"Dollar Falls to Over 3-Year LowUnited States CurrencyThe dollar index fell 0.5% to 89.69 in early trading on Wednesday, its lowest level since December 2014, after US Treasury Secretary Steven Mnuchin said a weak dollar is good for the United States.2018-01-24T11:22:08.057"
US Stocks Close Mixed on Tuesday,Stock Market,"US Stocks Close Mixed on TuesdayUnited States Stock MarketWall Street closed mixed on Tuesday 23 January 2018, as emerging market equities hit a 10-year high and tech shares drove the S&P 500 and Nasdaq to fresh records amid better than expected earnings, with Netflix shares rising 10% on Tuesday after booking solid new subscriptions. The Dow Jones lost 4 points or less than 0.1% to 26211. The S&P 500 gained 6 points or 0.2% to 2839. The Nasdaq advanced 52 points or 0.7% to 7460.2018-01-23T21:12:19"
Richmond Fed Manufacturing Index Falls for 2nd Month,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index Falls for 2nd MonthUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 14 in January of 2018 from 20 in December and below market expectations of 19. A slowdown was seen in shipments (15 from 24), employment (10 from 20) and average workweek (2 from 8) while new orders held steady (at 16), wages increased (24 from 22) and backlog of orders rebounded (5 from -4). Also, price pressures were unchanged for prices paid (at 1.79) while prices received eased (1.18 from 1.27)2018-01-23T15:08:41.197"
Johnson & Johnson earnings at 1.74 USD,Earnings,Johnson & Johnson earnings at 1.74 USDUnited States EarningsJohnson & Johnson (JNJ) released earnings per share at 1.74 USD.2018-01-23T11:54:37.14
US Stocks Close Higher on Monday,Stock Market,"US Stocks Close Higher on MondayUnited States Stock MarketWall Street closed moderately in the green on Monday 22 January 2017, with the 3 main stock indexes reaching record highs after news that the Senate reached a deal to end the US government shutdown and as investors awaited earnings reports from Netflix (+3%), among other companies.  The Dow Jones gained 143 points or 0.6% to 26215. The S&P 500 advanced 23 points or 0.8% to 2833. The Nasdaq climbed 72 points or 1.0% to 7408. 2018-01-22T21:08:44"
US Stocks Hit Record High After Senate Deal Reached,Stock Market,"US Stocks Hit Record High After Senate Deal ReachedUnited States Stock MarketWall Street rebounded to trade in the green on Monday, with the 3 main stock indexes reaching record highs after news that the Senate reached a deal to end the US government shutdown. The Dow Jones increased 86 points or 0.3% to 26158; the S&P 500 went up 15 points or 0.5% to 2825 and the Nasdaq traded 52 points or 0.7% higher at 7388 around 12:40 PM NY time. 
2018-01-22T17:24:34"
Chicago Fed National Activity Index Rises Less than Expected,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Rises Less than ExpectedUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index increased to 0.27 in December 2017 from a downwardly revised 0.11 in the previous month, but below market expectations of 0.44. The contribution from production-related indicators rose to +0.25 from –0.02; and the sales, orders, and inventories category made a contribution of +0.08, up slightly from +0.04. On the other hand, employment-related indicators contributed +0.01, down from +0.12; and the contribution of the personal consumption and housing category edged down to –0.07 from –0.03. 2018-01-22T13:36:10.09"
Dollar Hovers Above 3-Year Low after Gov Shutdown,Currency,"Dollar Hovers Above 3-Year Low after Gov ShutdownUnited States CurrencyThe dollar index was nearly steady at 90.53 in early trading on Monday, slightly above a 3-year low seen on Friday after the US government shutdown took effect and markets await a Senate vote scheduled for noon Monday.2018-01-22T08:32:57"
US Stocks Close Higher on Friday to Book Weekly Gain,Stock Market,"US Stocks Close Higher on Friday to Book Weekly GainUnited States Stock MarketWall Street closed in the green on Friday 19 January 2018, as the government shutdown looming in Washington and a dip in the University of Michigan's consumer confidence to the lowest reading in six months was not enough to offset bearish sentiment as earnings season continues. The Dow Jones gained 54 points or 0.2% to 26072. The S&P 500 climbed 12 points or 0.4% to a fresh record of 2810. The Nasdaq advanced 40 points or 0.6% to a new high of 7336. During the week, the Dow Jones jumped 1.0%; the S&P 500 0.9%; and the Nasdaq 1.0%. 2018-01-19T21:13:01.83"
US Consumer Sentiment at 6-Month Low,Consumer Confidence,"US Consumer Sentiment at 6-Month LowUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States fell to 94.4 in January of 2018 from 95.9 in December and below expectations of 97, according to preliminary figures. It was the lowest reading in six months, as consumers evaluated current economic conditions less favorably amid uncertainties about the delayed impact of the tax reforms.2018-01-19T15:04:48"
Dollar Falls to Over 3-Year Low,Currency,"Dollar Falls to Over 3-Year LowUnited States CurrencyThe dollar index fell 0.3% to 90.22 in early trading on Friday, its lowest level since December 2014, on the prospect of a potential US government shutdown.2018-01-19T09:03:36"
US 10-Year Treasury Yield at Over 3-Year High,Government Bond 10Y,"US 10-Year Treasury Yield at Over 3-Year HighUnited States Government Bond 10YThe yield on the US 10-year Treasury note climbed to 2.64% in early trading on Friday, the highest level in more than three years, driven by optimism about economic growth and prospects of stronger inflation.2018-01-19T08:50:26.903"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 6.861 million barrels in the week ended January 12th 2018, following a 4.948 million drop in the previous period and compared with market expectations of a 3.588 million decline. It marks the ninth consecutive week of falls. Meanwhile, gasoline inventories went up by 3.62 million, following a 4.135 million rise in the previous week and above market expectations of a 3.426 million increase.2018-01-18T16:03:26"
US Philadelphia Fed Manufacturing Index at 5-Month Low,Philadelphia Fed Manufacturing Index,"US Philadelphia Fed Manufacturing Index at 5-Month LowUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed diffusion index for current general manufacturing activity decreased to 22.2 in January of 2018 from an upwardly revised reading of 27.9 in December. The figure came below market consensus of 25.0, reaching the lowest since August last year. The index for current new orders decreased 18 points to 10.1. In addition, both the delivery times (6.1 from 11.0) and unfilled orders (-1.8 from 12.8) indexes went down. The unfilled orders index was negative for the first time in 16 months, and the index of delivery times fell to its lowest reading in 10 months. Meanwhile, the shipments index remained at a high reading of 30.3. The firms reported an increase in manufacturing employment this month. The current employment index, while still positive, fell 3 points to 16.8. On the price front, inflationary pressures were reflected on higher input costs and selling prices.2018-01-18T13:34:06"
US Housing Starts Fall Much More than Expected,Housing Starts,"US Housing Starts Fall Much More than ExpectedUnited States Housing StartsHousing starts in the United States slumped 8.2 percent month-over-month to an annualized rate of 1,192 thousand in December of 2017, compared to market expectations of a 1.7 percent decline. It is the biggest drop since November of 2016 amid an 11.8 percent decline in a construction of single-family units. Considering full 2017, housing starts went up 2.4 percent to 1,202,100 and building permits rose 4.7 percent to 1,263,400. Both reached the highest level since 2007.2018-01-18T13:33:50"
US Jobless Claims Lowest Since 1973,Initial Jobless Claims,"US Jobless Claims Lowest Since 1973United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 41 thousand to 220 thousand in the second week of 2018, well below market expectations of 250 thousand. It is the lowest number since February 1973. Claims taking procedures continue to be disrupted in the Virgin Islands. The claims taking process in Puerto Rico has still not returned to normal.
2018-01-18T13:33:09.853"
US Building Permits Fall Less than Expected in December,Building Permits,"US Building Permits Fall Less than Expected in DecemberUnited States Building PermitsBuilding permits in the United States edged down 0.1 percent from the previous month to a seasonally adjusted annual rate of 1,302 thousand in December 2017 from a revised 1,303 thousand in November and above market expectations of 1,290 thousand. Multi-family homes permits declined 4.3 percent to 382 thousand while single-family authorizations rose 1.8 percent to 881 thousand. Across US regions, building permits decreased in the South (-11.1 percent), but rose in the Northeast (43 percent), the Midwest (8.7 percent) and the West (1.7 percent). Considering 2017 as a whole, building permits increased 4.7 percent from the previous year to 1,263 thousand, the highest level since 2007.2018-01-18T13:33:05"
US Stocks Surge to Fresh Highs on Wednesday,Stock Market,"US Stocks Surge to Fresh Highs on Wednesday United States Stock MarketWall Street closed deep in the green on Wednesday 17 January 2017, as all three major indices hit new highs led by gains in technology and consumer staples shares. The earnings season continued with slightly better-than-expected results for Bank of America and US Bancorp. Earnings from Goldman Sachs (-1.9 %) also beat forecasts but the bank reported its first quarterly loss since 2011 amid a drop in revenues from bond trading and a hit from tax reform. The Dow Jones soared 323 points or 1.3% to 26116. The S&P 500 jumped 26 points or 0.9% to 2802. The Nasdaq climbed 75 points or 1.0% to 7298. 2018-01-17T21:16:19"
US International Capital Flows Beat Expectations,Capital Flows,"US International Capital Flows Beat ExpectationsUnited States Capital FlowsOverseas investors bought USD 33.8 billion of US assets, including short-dated instruments in November of 2017, after buying an upwardly revised USD 152.9 billion in the previous month. The print slightly beat expectations of USD 31.3 billion. Meanwhile, foreigners bought USD 57.5 billion of long-term US securities, including government and corporate, after buying an upwardly revised USD 26.2 billion in the previous month. Foreign investors sold USD 18.8 billion of Treasures in November after selling an upwardly revised USD 22.3 billion in the previous month.2018-01-17T21:07:30"
United States Stock Market rose 1.26%,Stock Market,"United States Stock Market rose 1.26%United States Stock MarketThe Dow Jones Index rose 324 points. Leading the gains are Boeing (5.05%), Intel (2.90%) and IBM (2.68%).2018-01-17T21:00:02.87"
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street trade in the green on Wednesday, led by gains in technology and consumer staples shares. The earnings season continued with better-than-expected results for Bank of America and US Bancorp. Earnings from Goldman Sachs also beat forecasts but the bank reported its first quarterly loss since 2011 amid a drop in revenues from bond trading and a hit from tax reform. The Dow Jones was up 211 points or 0.8% to 26004; the S&P 500 added 18 points or 0.6% to 2794 and the Nasdaq traded 47 points or 0.7% higher at 7271 around 12:40 PM NY time.2018-01-17T17:54:52.323"
US Home Builder Sentiment Falls from 18-Year High,Nahb Housing Market Index,"US Home Builder Sentiment Falls from 18-Year HighUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States declined to 72 in January 2018 from the previous month's 18-year high of 74, in line with market expectations. The component gauging current home sales edged down 1 point to 79; the index charting sales expectations in the next six months decreased 1 point to 78; and the component measuring buyer traffic dropped 4 points to 54.2018-01-17T15:08:18"
US Industrial Output Rises More than Expected in December,Industrial Production Mom,"US Industrial Output Rises More than Expected in DecemberUnited States Industrial Production MomUS industrial production increased by 0.9 percent month-over-month in December 2017, easily beating market expectations of 0.4 percent and following a downwardly revised 0.1 percent drop in November. Utilities output rebounded sharply and mining rose further while manufacturing growth slowed. Considering 2017 as a whole, industrial production increased by 1.8 percent, the first and largest gain since 2014.2018-01-17T14:18:59"
US Mortgage Applications Rise 4.1% in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Rise 4.1% in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States rose 4.1 percent in the week ended January 12th 2018, following an 8.3 percent jump in the previous period, data from the Mortgage Bankers Association showed. Refinance applications advanced 4.4 percent and applications to purchase a home went up 2.7 percent. The average fixed 30-year mortgage rate increased by 10bps to 4.33 percent.2018-01-17T12:06:52.88"
US Stocks Reach Fresh Records,Stock Market,US Stocks Reach Fresh RecordsUnited States Stock MarketWall Street opened sharply in the green on Tuesday with the 3 key stock indexes reaching record highs. Gains came amid optimism as the earnings season continues with results for Citigroup and UnitedHealth beating forecasts. The Dow Jones added 221 points or 0.9% to 26024; the S&P 500 went up 15 points or 0.6% to 2801 and the Nasdaq rose 54 points or 0.7% to 7314 around 6 minutes after the opening bell. 2018-01-16T14:30:04
US NY Empire State Manufacturing Index at 6-Month Low,NY Empire State Manufacturing Index,"US NY Empire State Manufacturing Index at 6-Month LowUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States decreased to 17.7 in January of 2018 from an upwardly revised 19.6 in the previous month and slightly below market expectations of 18. It is the lowest level since July as a slowdown was seen for new orders (11.9 from 19); shipments (14.4 from 23.5); number of employees (3.8 from 22.9) and average workweek (0.8 from 9.3). Also, price pressures intensified for both prices received (21.7 from 11.6) and paid (36.2 from 29.7). On the other hand, faster increases were recorded for inventories (13.8 from 1.4) and unfilled orders (4.3 from -8.7). Indexes assessing the six-month outlook suggested that firms remained optimistic about future business conditions and capital spending plans were robust.2018-01-16T13:43:16.123"
Dollar Dips to 3-Year Low,Currency,"Dollar Dips to 3-Year LowUnited States CurrencyThe dollar index, which tracks the greenback against a basket of currencies, fell as far as 90.62 earlier in the session on Monday, its lowest since January 2015, on rising concerns about economic growth and political stability in the US and amid strength in the euro and sterling.2018-01-15T08:53:43.827"
Dollar Index Hits 3-year Low,currency,Dollar Index Hits 3-year LowUnited States currencyUS Dollar decreased to a 3-year low of 90.822018-01-15T01:08:05.62
US Stocks Surge to New Records on Friday,Stock Market,"US Stocks Surge to New Records on FridayUnited States Stock MarketWall Street closed in the green on Friday 12 January 2018, as the three main indices booked fresh records on stronger than expected earnings for J.P. Morgan, Wells Fargo and Blackrock. The Dow Jones gained 228 points or 0.9% to 25803. The S&P 500 advanced 19 points or 0.7% to 2786. The Nasdaq climbed 49 points or 0.7% to 7261. During the week, all three indices notched gains, with the Dow Jones jumping 2.0%; the S&P 500 1.6%; and the Nasdaq 1.7%. 2018-01-12T21:12:30"
Dollar Index Hits 3-year Low,currency,Dollar Index Hits 3-year LowUnited States currencyUS Dollar decreased to a 3-year low of 91.012018-01-12T19:31:57.15
US 10Y Bond Yield Hits 43-week High,Government Bond 10Y,US 10Y Bond Yield Hits 43-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 43-week high of 2.5572%2018-01-12T18:27:37.527
US IBD/TIPP Economic Optimism Index at 10-Month High,Economic Optimism Index,"US IBD/TIPP Economic Optimism Index at 10-Month HighUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States jumped to 55.1 in January of 2018 from 51.9 in December, beating market expectations of 52.3. It is the highest reading since March 2017 and it is also above its long-term average of 49.3. Improvements were seen in two index components: six-month economic outlook (up 11.4 percent to 55.5) and personal financial outlook (up 8.3 percent to 64). On the other hand, confidence in federal economic policies slumped again (down 2.1 percent to 45.7).2018-01-12T15:11:51.393"
US Business Inventories Rise More than Expected,Business Inventories,"US Business Inventories Rise More than ExpectedUnited States Business InventoriesManufacturers’ and trade inventories in the United States rose 0.4 percent month-over-month in November 2017, after showing no growth in October and slightly above market expectations of a 0.3 percent gain. Stocks at merchant wholesalers increased the most (0.8 percent vs -0.4 percent in October), followed by manufacturers (0.4 percent vs 0.3 percent) and retailers (0.1 percent vs flat reading). Year-on-year, inventories rose 3.2 percent.2018-01-12T15:08:05"
US Stocks Open in Record Territory,Stock Market,"US Stocks Open in Record TerritoryUnited States Stock MarketWall Street opened in the green on Friday, with the 3 main stock indexes extending previous gains and reaching record highs. Investors' sentiment improved as the earnings season kicks off with stronger than expected earnings for J.P. Morgan, Wells Fargo and BlackRock. The Dow Jones added 104 points or 0.4% to 25679; the S&P 500 rose 5 points or 0.2% to 2273 and the Nasdaq went up 5 points or 0.1% to 7218 around 10 minutes after the opening bell. 2018-01-12T14:30:04"
US Inflation Rate Edges Down to 2.1%,Inflation Rate,"US Inflation Rate Edges Down to 2.1%United States Inflation RateConsumer prices in the United States increased 2.1 percent year-on-year in December of 2017, easing from a 2.2 percent rise in November. Figures came below market expectations of 2.2 percent amid a slowdown in gasoline and fuel prices. Still, core inflation edged up to 1.8 percent and the monthly rate increased to 0.3 percent, the highest in eleven months amid rising cost of rents, healthcare and autos.2018-01-12T13:33:08"
US Retail Sales Rise 0.4% in December,Retail Sales MoM,"US Retail Sales Rise 0.4% in DecemberUnited States Retail Sales MoMUS retail trade increased 0.4 percent month-over-month in December 2017, following an upwardly revised 0.9 percent rise in November and matching market expectations. The December gain was mainly supported by higher sales at gardening and building material stores and motor vehicle & parts dealers. Year-on, year, retail trade grew 5.4 percent, easing from a 6 percent increase in the previous month. Considering 2017 as a whole, sales advanced 4.2 percent compared to 3.2 percent in 2016.2018-01-12T13:33:07"
JPMorgan Chase earnings at 1.76 USD,Earnings,JPMorgan Chase earnings at 1.76 USDUnited States EarningsJPMorgan Chase (JPM) released earnings per share at 1.76 USD.2018-01-12T12:03:57.43
US Stocks Book Fresh Records on Thursday,Stock Market,"US Stocks Book Fresh Records on ThursdayUnited States Stock MarketWall Street closed moderately in the green on Thursday 11 January 2018, as energy shares rallied following a recent upswing in oil prices and lower gas inventories, and as investors awaited Friday’s banks earnings releases. All three major indices booked fresh highs. The Dow Jones gained 206 points or 0.8% to 25575. The S&P 500 advanced 20 points or 0.7% to 2768. The Nasdaq climbed 58 points or 0.8% to 7212.2018-01-11T21:11:12.38"
US Government Budget Gap Narrows in December,Government Budget Value,"US Government Budget Gap Narrows in DecemberUnited States Government Budget ValueThe US budget deficit narrowed to USD 23.2 billion in December 2017 from USD 27.3 billion in the same month of the previous year, and compared to market expectations of USD 40.0 billion. Outlays climbed 0.7 percent year-on-year (vs +3.1 percent in November) to USD 349.0 billion and receipts increased 2.1 percent (vs +4.3 percent) to USD 325.8 billion.2018-01-11T19:20:10"
US 10Y Bond Yield Hits 43-week High,Government Bond 10Y,US 10Y Bond Yield Hits 43-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 43-week high of 2.5587%2018-01-11T17:08:19.463
US Natural Gas Stocks Fall at Record Pace,Natural Gas Stocks Change,"US Natural Gas Stocks Fall at Record PaceUnited States Natural Gas Stocks ChangeWorking gas in storage in the US fell by 359 billion cubic feet (bcf) in the first week of 2018, the largest draw on record, according to data from the Energy Information Administration. Figures came above market expectations of a 318 bcf drop amid extreme cold in the country. The biggest drops were seen in South Central (-153bcf), the Midwest (-97bcf) and the East (-76bcf). Total natural gas in storage currently stands at 2,767 bcf.2018-01-11T16:32:04"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 254412018-01-11T14:53:12.98
US Producer Prices Fall for First Time in 16 Months,Producer Price Inflation MoM,"US Producer Prices Fall for First Time in 16 MonthsUnited States Producer Price Inflation MoMProducer prices for final demand in the US edged down 0.1 percent month-over-month in December 2017, following a 0.4 percent increase in November and missing market expectations of a 0.2 percent gain. It was the first monthly decline in producer prices since August 2016. The index for final demand services dropped 0.2 percent, after a 0.2 percent gain in November, due to lower prices of trade (-0.6 percent from -0.3 percent) and transportation and warehousing (-0.4 percent from 0.6 percent). Meanwhile, the index for final demand goods was unchanged, after a 1 percent jump in the previous month. Year-on-year, producer price inflation eased to 2.6 percent from 3.1 percent in November and below market consensus of 3 percent. On an unadjusted basis, the final demand index climbed  2.6 percent in 2017 after a 1.7 percent rise in 2016.2018-01-11T13:33:41"
US Jobless Claims Highest in Over 3 Months,Initial Jobless Claims,"US Jobless Claims Highest in Over 3 MonthsUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 9 thousand to 261 thousand in the first week of 2018, well above market expectations of 246 thousand. It is the highest reading since the week ended September 23rd 2017. Harsh winter conditions during the first week of the year likely contributed for a higher reading. Also, claims taking procedures continue to be disrupted in the Virgin Islands while those in Puerto Rico still have not returned to normal. 2018-01-11T13:33:31"
US Stocks Fall From Records,Stock Market,"US Stocks Fall From RecordsUnited States Stock MarketWall Street fell from record high on Wednesday amid rising US bond yields, falling dollar and higher gold prices. The Dow Jones was down 35 points or 0.1%; the S&P 500 fell 6 points or 0.2% and the Nasdaq traded 35 points or 0.5% lower around 10:35 AM NY time.2018-01-10T15:44:43"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 4.948 million barrels in the week ended January 5th 2018, following a 7.419 million drop in the previous period and compared with market expectations of a 3.89 million decline. It marks the eighth consecutive week of falls. Meanwhile, gasoline inventories went up by 4.135 million, following a 4.813 million rise in the previous week and above market expectations of a 2.625 million increase.2018-01-10T15:33:47"
US Wholesale Inventories Revised Higher,Wholesale Inventories,"US Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.8% month-over-month to USD 611 billion in November of 2017, higher than a preliminary estimate of a 0.7% gain and recovering from a 0.4% drop in October. It is the biggest gain in three months amid a rebound in stocks of machinery (1% compared to 0.6% in October); autos (0.7% compared to -0.7%); drugs (1.9% compared to -2.4%); electrical goods (1.5% compared to -0.5%); farm products (4.3% compared to -1.7%); and petroleum (4.9% compared to 1.8%). Year-on-year, wholesale stocks were up 4%. Excluding autos, the component that goes into the GDP computation, wholesale inventories also rose 0.8%.2018-01-10T15:14:04"
US 10-Year Yield at Near 10-Month High,Government Bond 10Y,"US 10-Year Yield at Near 10-Month HighUnited States Government Bond 10YThe yield on the 10-year US Treasury rose for the 5th straight session on Wednesday to hit 2.59 percent, the highest since mid-March, after a report showed Chinese officials recommended slowing or halting US bond purchases. Also, the Bank of Japan trimmed on Tuesday the amount of its purchases of Japanese government bonds.2018-01-10T14:06:06"
US Export Prices Fall for the 1st Time in 6 Months,Export Prices MoM,"US Export Prices Fall for the 1st Time in 6 MonthsUnited States Export Prices MoMPrices for US exports edged down 0.1 percent month-over-month in December of 2017, following a 0.5 percent rise in the previous month and compared to market expectations of a 0.3 percent gain. It is the first monthly decrease in export prices since June, led by a 0.4 percent fall in prices of agricultural goods, namely a 14.4 percent slump in vegetable prices. Also, cost on on-agricultural goods was flat as cost of capital and consumer goods advanced while prices for nonagricultural industrial supplies and materials and automotive vehicles decreased. Export prices rose 2.6 percent in 2017 following a 1.3 percent rise in 2016. The 2017 advance was the largest calendar-year increase since 2011 when the index went up 3.6 percent. 


2018-01-10T13:38:31"
US Import Prices Rise Less than Expected,Import Prices MoM,"US Import Prices Rise Less than ExpectedUnited States Import Prices MoMUS import prices edged up 0.1 percent month-over-month in December 2017, following an upwardly revised 0.8 percent advance in November and missing market expectations of 0.5 percent. Fuel cost increased 1.8 percent in December, after rising 8.4 percent in November, as a 2 percent gain in petroleum prices more than offset a 4.9 percent fall in natural gas prices. Meanwhile, the price index for nonfuel imports edged down 0.1 percent, the first monthly decline since a 0.1 percent drop in July. Year-on-year, import prices advanced 3 percent. In 2017, prices for US imports increased 3 percent, after advancing 1.9 percent the previous year. The advance in 2017 was the largest calendar-year increase since import prices rose 8.5 percent in 2011. 2018-01-10T13:34:40"
US Mortgage Applications Rise the Most in 4 Months: MBA,Mortgage Applications,"US Mortgage Applications Rise the Most in 4 Months: MBAUnited States Mortgage ApplicationsMortgage applications in the United States jumped 8.3 percent in the week ended January 5th 2018, following a 0.7 percent gain in the last week of 2017, data from the Mortgage Bankers Association showed. It is the biggest rise in four months as refinance applications jumped 11.4 percent and applications to purchase a home went up 5 percent. The average fixed 30-year mortgage rate edged down by 2bps to 4.23 percent.2018-01-10T12:10:48.773"
US 10Y Bond Yield Hits 43-week High,Government Bond 10Y,US 10Y Bond Yield Hits 43-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 43-week high of 2.5512%2018-01-09T22:00:46.86
US Stocks Close Higher on Tuesday,Stock Market,"US Stocks Close Higher on TuesdayUnited States Stock MarketWall Street closed moderately in the green on Tuesday 9 January 2017, as oil climbed to a 32-month high nudging energy shares higher and as investors awaited upcoming earnings season with optimistic expectations. All three major indices booked fresh records. The Dow Jones gained 103 points or 0.4% to 25386. The S&P 500 advanced 3 points or 0.1% to 2751. The Nasdaq edged up 6 points or 0.1% to 7164.2018-01-09T21:07:02.57"
US Job Openings Fall to 6-Month Low,Job Offers,"US Job Openings Fall to 6-Month LowUnited States Job OffersThe number of job openings in the United States fell to 5.879 million in November 2017 from a downwardly revised 5.925 million in the previous month and below market expectations of 6.038 million. It was the lowest level since May, as job openings decreased in other services (-64,000), transportation, warehousing, and utilities (-60,000), and real estate and rental and leasing (-39,000); but rose in retail trade (88,000). Across regions, the number of job openings dropped in the Midwest (-55,000) and in the West (-43,000), but increased in the South (33,000) and in the Northeast (19,000).2018-01-09T15:09:03"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 253222018-01-09T14:30:03.453
US Small Business Optimism in 2017 Reaches Record High,NFIB Business Optimism Index,"US Small Business Optimism in 2017 Reaches Record HighUnited States NFIB Business Optimism IndexThe NFIB's Index of Small Business Optimism in the US fell to 104.9 in December of 2017 from 107.5 in November which was the highest since 1983. Figures came below market expectations of 108.4 amid declines in plans to increase employment (-4); inventories (-8) and lower expectations regarding an economic improvement (-11), higher sales (-6) and earnings trend (-5). Also, current inventories, expected better credit conditions and good time to expand were flat. On the other hand, plans to make capital outlays (+1) and current job openings (+1) improved. Considering full 2017, the average monthly index was 104.8, the strongest reading on record amid expectations of better economic policies from Washington.2018-01-09T11:14:39.08"
US Stocks Close Mixed on Monday,Stock Market,"US Stocks Close Mixed on MondayUnited States Stock MarketWall Street closed mixed on 8 January 2018, as the S&P 500 and Nasdaq booked new records amid a rise in technology shares triggered by expected higher earnings and a positive net effect from corporate tax cuts. The Dow Jones lost 13 points or 0.1% to 25283. The S&P 500 gained 5 points or 0.2% to 2748. The Nasdaq climbed 21 points or 0.3% to 7157. 2018-01-08T21:09:41"
United States Consumer Credit Rises the Most since 2010,Consumer Credit,"United States Consumer Credit Rises the Most since 2010United States Consumer CreditConsumer credit in the United States rose by USD 27.95 billion in November of 2017, following an upwardly revised USD 20.53 billion gain in the previous month and above market expectations of USD 19.00 billion. It was the largest monthly increase since December of 2010. Revolving credit increased by USD 11.19 billion after rising by 8.30 billion in the previous month. Non-revolving credit went up by USD 16.76 billion, compared with a USD 12.23 billion gain in October.2018-01-08T20:17:10"
US Stocks Extend Positive Run on Friday,Stock Market,"US Stocks Extend Positive Run on FridayUnited States Stock MarketWall Street closed moderately in the green on Friday 5 January 2017, as investors remained optimistic after non-farm payrolls in the US increased by 148K in December of 2017, below market expectations of a 190K, with the unemployment rate steady at 4.1 percent. All three major indices reached new highs on Friday. The Dow Jones gained 221 points or 0.9% to 25296. The S&P 500 advanced 19 points or 0.7% to 2743. The Nasdaq climbed 59 points or 0.8% to 7137. During the first trading week of 2018, the Dow Jones soared 2.3%; the S&P 500 2.6%; and the Nasdaq 3.4%. 2018-01-05T21:09:05"
US Services Growth Slows for 2nd Month: ISM,Non Manufacturing PMI,"US Services Growth Slows for 2nd Month: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 55.9 in December of 2017 from 57.4 in November and below market expectations of 57.6. The reading pointed to the smallest expansion in the non-manufacturing sector in four months. Production, new orders and inventories eased and price pressures intensified. However, businesses reported optimism for business conditions and the economic outlook going forward.2018-01-05T15:10:05"
US Factory Orders Rise More than Expected in November,Factory Orders,"US Factory Orders Rise More than Expected in NovemberUnited States Factory OrdersNew orders for US manufactured goods jumped 1.3 percent month-over-month in November 2017, following an upwardly revised 0.4 percent rise in October and beating market expectations of 1.1 percent. Transportation equipment drove the increase (4.1 percent from -4 percent in October), while there was a slowdown in orders for primary metals (0.9 percent from 2.2 percent) and electrical equipment, appliances, and components (0.6 percent from 1 percent). On the other hand, orders fell for machinery (-1 percent from 2.8 percent in October), computers and electronic products (-0.5 percent from 1.6 percent), and fabricated metal products (-0.2 percent from -0.4 percent).2018-01-05T15:03:06"
US Stocks Open in Record Territory,Stock Market,"US Stocks Open in Record TerritoryUnited States Stock MarketWall Street continued to break record highs on Friday despite the jobs report showed the US economy added less jobs than expected and the trade deficit reached the highest in nearly 8 years. The Dow Jones added 64 points or 0.3% to 25,139; the S&P 500 rose 9 points or 0.3% to 2,732 and the Nasdaq went up 23 points or 0.3% to 7,101 around 18 minutes after the opening bell. 2018-01-05T14:30:05"
US Wages Rise at Faster Pace in December,Average Hourly Earnings,"US Wages Rise at Faster Pace in DecemberUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents, or 0.3 percent, to USD 26.63 in December 2017 after gaining 0.1 percent in the prior month. Over the year, average hourly earnings have risen by 65 cents, or 2.5 percent, following a 2.4 percent gain in November. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to USD 22.30 in December.2018-01-05T14:02:24.2"
US Exports Rise to Record High,Exports,"US Exports Rise to Record HighUnited States ExportsExports of goods and services from the US rose USD 4.4 billion from the previous month to an all-time high of USD 200.2 billion in November 2017. Goods exports increased by USD 4.4 billion to USD 134.6 billion, boosted by higher sales of: capital goods, mainly civilian aircraft; automotive vehicles, parts, and engines, driven by passenger cars; and consumer goods. Also, exports of services went up USD 0.1 billion to USD 65.7 billion. On a non-seasonally adjusted basis, exports rose to Canada (5.3 percent) and Japan (2.8 percent), but fell to the EU (-8.4 percent), Mexico (-2 percent) and China (-1.9 percent).2018-01-05T13:46:45"
US Imports Hit All-Time High,Imports,"US Imports Hit All-Time HighUnited States ImportsImports of goods and services to the US increased USD 6.0 billion from the previous month to an all-time high of USD 250.7 billion in November 2017. Goods imports grew USD 6.0 billion to USD 205.5 billion, the highest level on record, boosted by rising purchases of: consumer goods, mainly cell phones and other household goods; industrial supplies and materials, driven by crude oil; and capital goods, boosted by semiconductors. Meanwhile, imports of services fell less than USD 0.1 billion to USD 45.3 billion. On a non-seasonally adjusted basis, imports rose from Canada (1.4 percent), but fell from Japan (-4.3 percent), Mexico (-3.7 percent), the EU (-2.9 percent) and China (-0.1 percent).2018-01-05T13:44:21"
US Trade Gap Highest Since 2012,Balance of Trade,"US Trade Gap Highest Since 2012United States Balance of TradeThe trade deficit in the US widened to USD 50.5 billion in November of 2017 from an upwardly revised USD 48.9 billion in October. It is the biggest trade gap since January of 2012 as imports reached a record high on rising demand for consumer goods, cell phones, crude oil and semiconductors. Exports recovered form October's fall and touched a record value on higher sales of capital goods, aircraft and cars.2018-01-05T13:34:48"
US Economy Adds Only 148K Jobs in December,Non Farm Payrolls,"US Economy Adds Only 148K Jobs in DecemberUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 148 thousand in December of 2017, below market expectations of a 190 thousand. Solid gains were reported in construction, manufacturing and health care while retail trade continued to cut jobs. The change in total nonfarm payroll employment for October was revised down from 244 to 211 Thousand and the change for November was revised up from 228 to 252 Thousand. In 2017, payroll employment growth totaled 2.1 million, compared with a gain of 2.2 million in 2016. 2018-01-05T13:32:52"
US Jobless Rate Unchanged at 17-Year Low,Unemployment Rate,"US Jobless Rate Unchanged at 17-Year LowUnited States Unemployment RateUS unemployment rate stood at 4.1 percent in December 2017, unchanged from the previous month's 17-year low and in line with market consensus. The number of unemployed declined by 40 thousand to 6.58 million.2018-01-05T13:32:23"
US Stocks Extend Rally on Thursday,Stock Market,"US Stocks Extend Rally on ThursdayUnited States Stock MarketWall Street closed in the green on Thursday 4 January 2018, with all 3 main stock indexes reaching record highs. Investors' mood improved after the ADP report showed US companies hired 250K workers in December, the most jobs in 9 months and beating expectations of 190K. The Dow Jones gained 152 points or 0.6% to 25075.  The S&P 500 advanced 11 points or 0.4% to 2724. The Nasdaq climbed 12 points or 0.2% to 7078.2018-01-04T21:13:18.483"
US Crude Oil Inventories Fall the Most since August,Crude Oil Stocks Change,"US Crude Oil Inventories Fall the Most since AugustUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 7.419 million barrels in the week ended December 29th, 2017, following a 4.609 million drop in the previous period and compared with market expectations of a 5.148 million decline. It marks the seventh consecutive week of falls and the highest since the week ending August 11th. Meanwhile, gasoline inventories went up by 4.813 million, following a 0.591 million rise in the previous week and above market expectations of a 2.182 million increase.2018-01-04T16:04:29.397"
US Private Sector Growth at 6-Month Low: PMI,Composite Pmi,US Private Sector Growth at 6-Month Low: PMIUnited States Composite PmiThe IHS Markit US Composite PMI was revised sharply higher to 54.1 in December of 2017 from a preliminary of 53 but below 54.5 in November. The reading pointed to the weakest expansion in private sector activity in six months. Services sector growth slowed to a seven-month low (53.7 from 54.5) while manufacturing rose the most since March of 2015 (55.1 from 53.9).2018-01-04T15:03:37
US Services Growth at 7-Month Low: PMI,Services PMI,"US Services Growth at 7-Month Low: PMIUnited States Services PMIThe IHS Markit US Services PMI was revised up to 53.7 in December of 2017 from a preliminary of 52.4 but below 54.5 in November. The reading pointed to the smallest expansion in the services sector in seven months and below the series trend as new business and employment slowed. Meanwhile, the level of outstanding business rose the most in four months and inflationary pressures slowed. Business confidence towards the future outlook was the lowest since September of 2016. Where expectations were positive, panel members linked this to greater client demand and more favourable market condition.2018-01-04T14:59:08.797"
"Dow Jones Hits 25,000 for 1st Time",Stock Market,"Dow Jones Hits 25,000 for 1st TimeUnited States Stock MarketWall Street opened in the green and continued to break records on Thursday, with all 3 main stock indexes reaching record highs and the Dow breaking above 25,000 for the first time. Investors' mood improved after the ADP report showed US companies added the most jobs in 9 months in December and the Challenger report showed the number of layoffs in 2017 was the lowest since 1990. The nonfarm payroll report for December is due tomorrow. The Dow Jones went up 96 points or 0.4% to 25018; the S&P 500 rose 10 points or 0.4% to 2722 and the Nasdaq traded 21 points or 0.3% higher at 7086 around 10 minutes after the opening bell. 2018-01-04T14:30:02"
US Jobless Claims Rise to 2-Month High,Initial Jobless Claims,"US Jobless Claims Rise to 2-Month HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 3 thousand to 250 thousand in the week ended December 30th, from the previous week's revised level of 247 thousand and above market expectations of 240 thousand. It was the highest level in two months.2018-01-04T13:32:35.13"
US Companies Create Most Jobs in 9 Months: ADP,ADP Employment Change,"US Companies Create Most Jobs in 9 Months: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 250 thousand workers in December of 2017, above a downwardly revised 185 thousand in November and beating market expectations of 190 thousand. It is the highest reading since March. The service-providing sector added 222 thousand jobs, boosted by professional and business (72 thousand); education and health (50 thousand); trade, transportation and utilities sector (45 thousand); leisure and hospitality (28 thousand); financial activities (19 thousand) and other services (12 thousand). On the other hand, the information sector lost 4 thousand jobs. The goods-producing sector added 28 thousand jobs supported by construction (16 thousand), manufacturing (9 thousand) and natural resources and mining (3 thousand). Midsized companies were the ones hiring the most workers (100 thousand), followed by small (94 thousand) and large (56 thousand). 2018-01-04T13:27:16"
US 2017 Planned Layoffs Lowest Since 1990,Challenger Job Cuts,"US 2017 Planned Layoffs Lowest Since 1990United States Challenger Job CutsJob cuts announced by US-based employers fell 7.5 percent to 32,423 in December of 2017 from 35,038 in November. Industrial goods cut the most jobs (14,193), followed by services (3,338), health care/products (2,587) and education (2,456). Considering full 2017, 418,770 job cuts were announced, the lowest annual total since 1990, when 316,047 cuts were recorded. Meanwhile, hiring plans were the highest on record: employers announced plans to hire over 1,100,654 new hires, 27 percent more than the 868,702 in 2016.2018-01-04T12:39:40"
US Stocks Surge to New Records,Stock Market,"US Stocks Surge to New RecordsUnited States Stock MarketWall Street’s green start the year continued on Wednesday 3 January 2018, as FOMC minutes showed policymakers expecting tax legislation to boost growth, with most participants reiterating their support for continuing a gradual tightening. All three major indices closed at fresh records, with the Dow Jones gaining 99 points or 0.4% to 24923; the S&P 500 climbing 17 points or 0.6% to 2713; and the Nasdaq jumping 59 points or 0.8% to 7066.2018-01-03T21:13:42"
Fed Sees Tax Bill Impact as Uncertain,Interest Rate,"Fed Sees Tax Bill Impact as UncertainUnited States Interest RateFed officials expect the tax legislation to boost growth although the magnitude of the effects remains uncertain, minutes from last FOMC meeting showed. Last month, the Fed raised the target range for the federal funds rate by a quarter point to 1.25-1.5 percent as expected. Most participants reiterated their support for continuing a gradual tightening, noting that this approach helped to balance risks to growth and inflation. 2018-01-03T19:35:17"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 248902018-01-03T15:28:13.377
US November Construction Spending Hits Record High,Construction Spending,"US November Construction Spending Hits Record HighUnited States Construction SpendingConstruction spending in the US rose 0.8 percent month-on-month to an all-time high of USD 1.257 trillion in November 2017, following a downwardly revised 0.9 percent increase in October and beating market expectations of 0.6 percent. Spending on private residential projects jumped 1 percent to the highest level since February 2007, following a 0.3 percent gain in the previous month; and that on nonresidential structures rebounded 0.9 percent after falling 0.2 percent. Also, outlays on public construction projects went up 0.2 percent in November after jumping 3.5 percent in October. Year-on-year, construction spending rose 2.4 percent.2018-01-03T15:04:40"
US Factory Growth Above Forecasts: ISM,Business Confidence,"US Factory Growth Above Forecasts: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US rose to 59.7 in December of 2017 from 58.2 in November, beating market expectations of 58.1. It is the highest reading in three months, boosted by production and new orders while job creation slowed. 2018-01-03T15:04:30"
US ISM NY Index Slows in December,Ism New York Index,"US ISM NY Index Slows in DecemberUnited States Ism New York IndexThe ISM New York Current Business Conditions in the United States fell to 56.3 in December of 2017 from 58.1 in November. Still, it remained above the 12-month average of 54.9. Employment contracted (42.9 from 64.6), purchases slowed (55 from 56.3) and prices paid increased (66.7 from 62.5). Also, both current (55 from 64.3) and expected (63.6 from 71.4) revenues eased. On the other hand, the six-month outlook jumped to 85.7 from 69.7, reaching the highest since July of 2006.2018-01-03T14:59:26.65"
US Mortgage Applications Up 0.7% in Last Week of 2017,Mortgage Applications,"US Mortgage Applications Up 0.7% in Last Week of 2017United States Mortgage ApplicationsMortgage applications in the United States rose 0.7 percent in the last week of 2017, data from the Mortgage Bankers Association showed. Refinance applications increased 1.4 percent while applications to purchase a home edged down 0.1 percent. The average fixed 30-year mortgage rate was 4.25 percent, the highest since April.2018-01-03T12:39:36"
US Stocks Gain on 2018 First Trading Day,Stock Market,"US Stocks Gain on 2018 First Trading DayUnited States Stock MarketWall Street started 2018 on a positive note, led by consumer discretionary, material and technology stocks while the dollar extended its losses. Netflix rose 4.8% on rumors of Apple (+1.8%) interest in buying the company. The Dow Jones climbed 105 points or 0.4% to 24824. The S&P gained 22 points or 0.8% to a fresh record 2696. The Nasdaq soared 104 points or 1.5% to a new high of 7007.2018-01-02T21:10:48"
US Factory Growth Highest Since 2015: PMI,Manufacturing PMI,US Factory Growth Highest Since 2015: PMIUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI went up to 55.1 in December of 2017 from 53.9 in November and above a preliminary of 55. The reading pointed to the fastest expansion in factory activity since March of 2015 as high client demand boosted output and new orders and job creation was the strongest since September of 2014.2018-01-02T14:52:41.353
US Stocks Open 2018 in the Green,Stock Market,"US Stocks Open 2018 in the GreenUnited States Stock MarketWall Street started 2018 on a positive note, lead by consumer discretionary and material stocks while the dollar extended its losses. The Dow Jones rose 134 points or 0.5%; the S&P 500 went up 13 points or 0.5% and the Nasdaq gained 44 points or 0.6% around 10 minutes after the opening bell.2018-01-02T14:48:43.237"
US Stocks Dip on Final Trading Day of 2017,Stock Market,"US Stocks Dip on Final Trading Day of 2017United States Stock MarketWall Street closed in the red on the final trading session of 2017, as little news on Friday 29 December 2017 left solid annual gains in equities amid steady global monetary policy and improving growth numbers. On Friday, financial and healthcare stocks dipped as investors assessed the impact of new taxes for repatriated capital. The Dow Jones lost 118 points or 0.5% to 24719. The S&P 500 dropped 14 points or 0.5% to 2674. The Nasdaq retreated 47 points or 0.7% to 6903. During the week, the Dow Jones declined 0.1%; the S&P 500 0.3%; and the Nasdaq 0.8%. Nonetheless, for the whole 2017, the Dow Jones soared 25.1%; the S&P 500 19.4%; and the Nasdaq 28.2%. 2017-12-29T21:12:59"
Dollar Index Hits 14-week Low,currency,Dollar Index Hits 14-week LowUnited States currencyUS Dollar decreased to a 14-week low of 92.182017-12-29T15:59:55.077
Dow Jones Hits New Record on Thursday,Stock Market,Dow Jones Hits New Record on ThursdayUnited States Stock MarketWall Street closed modestly in the green on 28 December 2017 with the Dow Jones hitting a new record led by gains in UnitedHealth Group and Caterpillar. The Dow Jones was up 63 points or 0.3% to 24838. The S&P 500 edged up 4 points or 0.2% to 2687. The Nasdaq advanced 11 points or 0.2% to 6950.2017-12-28T21:13:45
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyUS Dollar decreased to a 4-week low of 92.62017-12-28T16:50:53.417
US Crude Oil Stocks Drop for 6th Week,Crude Oil Stocks Change,"US Crude Oil Stocks Drop for 6th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 4.609 million barrels in the week ended December 22nd, 2017, following a 6.495 million drop in the previous period and compared with market expectations of a 3.97 million decline. It marks the sixth consecutive week of falls. Meanwhile, gasoline inventories went up by 0.591 million, following a 1.237 million rise in the previous week but below market expectations of a 1.278 million increase.2017-12-28T16:05:43.953"
Chicago PMI Highest Since 2011,Chicago Pmi,"Chicago PMI Highest Since 2011United States Chicago PmiThe MNI Chicago Business Barometer jumped to 67.6 in December of 2017 from 63.9 in November, beating market expectations of 62. It is the highest reading since March of 2011 as both output and demand rose to multi-year highs. Also, production increased the most in 34 years; new orders were the highest in 3-1/2 years and order backlogs also grew. On the other hand, employment slowed and supplier deliveries fell while inflationary pressures remained high. Considering the fourth quarter of the year, the Barometer rose to 65.9 from 61.0 in the previous period, the best quarterly performance since the first three months of 2011.2017-12-28T15:02:35.937"
US Jobless Claims Above Expectations in Latest Week,Initial Jobless Claims,"US Jobless Claims Above Expectations in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was unchanged at 245 thousand in the week ended December 23rd 2017, the same as in the previous period and slightly above market expectations of 240 thousand. It remains the highest number since the week ended November 11th. Claims taking procedures continue to be disrupted in the Virgin Islands and in Puerto Rico, claims have still not returned to normal.2017-12-28T13:33:44"
US Wholesale Inventories Rise More than Expected,Wholesale Inventories,"US Wholesale Inventories Rise More than ExpectedUnited States Wholesale InventoriesWholesale inventories in the United States increased by 0.7 percent month-over-month to USD 610.2 billion in November 2017, following a downwardly revised 0.4 percent drop in the previous month and beating market expectations of a 0.4 percent gain, the preliminary estimate showed. Year-on-year, wholesale stocks were up 3.8 percent.2017-12-28T13:33:39"
US Pending Home Sales Beat Forecasts,Pending Home Sales,"US Pending Home Sales Beat ForecastsUnited States Pending Home SalesContracts to buy previously owned homes in the United States rose 0.8 percent year-on-year in November of 2017, following a 0.6 percent drop in October. It is the first rise in five months and the highest since February. Contracts rose in the South (2.5 percent), the Northeast (1.1 percent) and the Midwest (0.8 percent) but fell in the West (-2.3 percent). Compared to the previous month, pending home sales edged up 0.2 percent, following a 3.5 percent jump in October and beating market expectations of a 0.4 percent decline. 
2017-12-27T15:08:22"
Texas Manufacturing Growth Highest Since 2006,Dallas Fed Manufacturing Index,"Texas Manufacturing Growth Highest Since 2006United States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to 29.7 in December of 2017 from 19.4 in November. Figures beat market expectations of 20, hitting the highest since March of 2006. Faster increases were seen mainly for production (32.8 from 15.1); new orders (30.1 from 20); shipments (21.5 from 16.7); employment (20.4 from 6.3); wages (25.1 from 14.2) and materials inventories (12.7 from 6.8). On the other hand, finished goods inventories fell (-2 from 0) and price pressures intensified for both prices paid (32.5 from 32.2) and received (17.9 from 15.1).
2017-12-26T15:45:32.67"
Richmond Fed Manufacturing Index Falls from Record High,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index Falls from Record HighUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 20 in December of 2017 from 30 in November which was the highest on record. Figures came below market expectations of 22 amid a slowdown in shipments (24 from 33); new orders (16 from 35); capacity utilization (16 from 19) and average workweek (8 from 17). On the other hand, the number of employees (20 from 18) and inventories of both finished goods (17 from 9) and raw materials (24 from 20) increased at a faster pace. Also, price pressures slowed for both prices paid (1.79 from 2.04) and received (1.27 from 1.63).2017-12-26T15:10:16.877"
US House Prices Rise Faster than Expected: S&P/Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise Faster than Expected: S&P/Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite home price index of 20 metropolitan areas in the US rose 6.4 percent year-on-year in October of 2017, higher than a 6.2 percent increase in September and above market expectations of 6.3 percent. It is the biggest increase in house prices since July of 2014. Prices went up the most in Seattle (12.7 percent), Las Vegas (10.2 percent) and San Diego (8.1 percent). Meanwhile, the national index, covering all nine US census divisions rose 6.2 percent, up from a 6.1 percent gain in the prior month. 2017-12-26T14:11:15.377"
US Stocks Edge Down on Friday,Stock Market,"US Stocks Edge Down on FridayUnited States Stock MarketWall Street closed modestly in the red on 22 December 2017, as sales of new single-family houses in the US jumped and the personal consumption expenditures (PCE) price index increased 0.2 percent month-over-month in November of 2017 after a 0.1 percent rise in October. Dips in health-care, financial, and consumer equities were countered by utilities and real estate. The Dow Jones lost 28 points or 0.1% to 24754. The S&P declined 2 points or 0.1% to 2683. The Nasdaq fell 5 points or 0.1% to 6960. During the week, all three major indices advanced, with the Dow Jones climbing 0.4%; the S&P 500 0.3%; and the Nasdaq 0.3%. 2017-12-22T21:13:26"
US December Consumer Sentiment Weaker than Estimated,Consumer Confidence,"US December Consumer Sentiment Weaker than EstimatedUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States fell to 95.9 in December of 2017 from 98.5 in November and below the preliminary estimate of 96.8. It was the lowest reading in three months, mainly due to a decline in consumer expectations.2017-12-22T15:09:28"
US New Home Sales Highest Since 2007,New Home Sales,"US New Home Sales Highest Since 2007United States New Home SalesSales of new single-family houses in the United States jumped 17.5 percent to a seasonally adjusted annual rate of 733 thousand in November of 2017 from a downwardly revised 624 thousand in October and beating market forecasts of 654 thousand. It was the strongest number since July of 2007. Sales rose in all four regions.

2017-12-22T15:07:22"
US PCE Inflation Rises in November,PCE Price Index Monthly Change,"US PCE Inflation Rises in NovemberUnited States PCE Price Index Monthly ChangeThe personal consumption expenditures (PCE) price index in the United States increased 0.2 percent month-over-month in November of 2017 after a 0.1 percent rise in October. Excluding food and energy, PCE prices edged up 0.1 percent after gaining 0.2 percent in October. On the year, the PCE price index went up 1.8 percent and the core one increased 1.5 percent. The so-called core PCE price index is the Fed's preferred inflation gauge, targeted at 2 percent.
2017-12-22T14:10:49.813"
US Personal Savings Rate Lowest Since 2007,Personal Savings,US Personal Savings Rate Lowest Since 2007United States Personal SavingsHousehold Saving Rate in the United States decreased to 2.90 percent in November from 3.20 percent in October of 2017. It is the lowest rate since November 2007.2017-12-22T13:51:11.71
US Personal Spending Above Forecasts,Personal Spending,"US Personal Spending Above ForecastsUnited States Personal SpendingPersonal consumption expenditures in the US jumped 0.6 percent month-over-month in November of 2017, following a downwardly revised 0.2 percent increase in October. Figures came above market expectations of a 0.5 percent gain, mainly boosted by consumption of recreational goods and utilities. 2017-12-22T13:36:15"
US Personal Income Rises Less than Expected,Personal Income,"US Personal Income Rises Less than ExpectedUnited States Personal IncomePersonal income in the United States increased by 0.3 percent month-over-month in November 2017, following a 0.4 percent gain in October and missing market expectations of 0.4 percent. Rental income of persons with capital consumption adjustment went up at a softer pace (0.7 percent from 1 percent) while there were falls in personal dividend income (-0.6 percent after a flat reading in October) and personal current transfer receipts (-0.2 percent from 0.3 percent). Meanwhile, wages and salaries grew by 0.4 percent, faster than a 0.2 percent gain in October; and personal interest income rose by 1.2 percent, the same as in the previous month.2017-12-22T13:33:24"
US Durable Goods Orders Recover in November,Durable Goods Orders,"US Durable Goods Orders Recover in NovemberUnited States Durable Goods OrdersNew orders for US manufactured durable goods grew 1.3 percent month-over-month in November pf 2017, following an upwardly revised 0.4 percent decline in October and below market expectations of a 2 percent gain. Transportation equipment, up three of the last four months, drove the increase, $3.3 billion or 4.2 percent to $80.9 billion. Excluding transportation, new orders decreased 0.1 percent. Excluding defense, new orders increased 1.0 percent. 2017-12-22T13:33:07.607"
US House Prices Rise More than Expected: FHFA,FHFA House Price Index MoM,"US House Prices Rise More than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.5 percent month-over-month in October 2017, following an upwardly revised 0.5 percent gain in September and beating market expectations of 0.2 percent. Year-on-year, prices went up 6.6 percent after rising 6.3 percent in September.2017-12-21T14:03:34"
US Chicago Fed National Activity Index Falls in November,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index Falls in NovemberUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index fell to 0.15 in November 2017 from 0.76 in the previous month, but beating market expectations of 0.09. The contribution from production-related indicators declined to 0.05 from 0.66 in October, and that of the personal consumption and housing category edged down to -0.06 from -0.04. Meanwhile, the contribution from employment-related indicators was unchanged at 0.11 in November, and that of sales, orders, and inventories category rose to 0.05 from 0.04 in the previous month.2017-12-21T13:54:58"
Philadelphia Fed Manufacturing Index Rises in December,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Rises in DecemberUnited States Philadelphia Fed Manufacturing IndexPhiladelphia Fed Manufacturing Index in the US increased to 26.20 Index Points in December from 22.70 Index Points in November of 2017. Nearly 41 percent of the firms indicated increases in activity this month, up from 35 percent in November. Both the current new orders and shipments indexes also improved this month, increasing 8 points and 2 points, respectively. Although they moderated slightly, both the delivery times and unfilled orders indexes remained positive, suggesting longer delivery times and increases in unfilled orders. Inventories were, on balance, nearly steady this month. The firms continued to report increases in employment. The current employment index fell 5 points but remained in positive territory, where it has been for 13 consecutive months. 2017-12-21T13:41:59.293"
US Corporate Profits Rise 5.7% in Q3,Corporate Profits,"US Corporate Profits Rise 5.7% in Q3United States Corporate ProfitsCorporate profits in the United States increased by USD 94.4 billion, or 5.7 percent, to USD 1,738.2 billion in the third quarter of 2017, little-changed from the preliminary estimate of 5.8 percent and following a 0.1 percent gain in the previous period. Net dividends went up by USD 4.4 billion, or 0.4 percent, to USD 998.6 billion, and the undistributed profits jumped by USD 90.0 billion, or 13.9 percent, to USD 739.6 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, fell by USD 39.0 billion, or 1.7 percent, to USD 2,230.9 billion.2017-12-21T13:38:42.01"
US Initial Jobless Claims at 5 Week High,Initial Jobless Claims,"US Initial Jobless Claims at 5 Week HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 20 thousand to 245 thousand in the week ended December 16th, from the previous week's unrevised level of 225 thousand, more than market market expectations of 239 thousand. 2017-12-21T13:36:34.393"
US GDP Growth Revised Slightly Down to 3.2%,GDP Growth Rate,"US GDP Growth Revised Slightly Down to 3.2%United States GDP Growth RateThe US economy expanded an annualized 3.2 percent on quarter in the third quarter of 2017, slightly below a second estimate of 3.3 percent and lower than market expectations of 3.3 percent, the final reading from the BEA showed. Still, it is the highest growth rate since the first quarter of 2015. The contribution from both personal consumption and net trade was lower than initially expected while spending from government was revised much higher2017-12-21T13:35:03"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 6.495 million barrels in the week ended December 15th, 2017, following a 5.117 million drop in the previous period and compared with market expectations of a 3.769 million decline. It marks the fifth consecutive week of falls and the highest in four months. Meanwhile, gasoline inventories went up by 1.237 million, following a 5.664 million rise in the previous week but below market expectations of a 1.895 million increase.2017-12-20T15:38:53"
US Existing Home Sales at 11-Year High,Existing Home Sales,"US Existing Home Sales at 11-Year HighUnited States Existing Home SalesSales of previously owned houses in the United States jumped 5.6% mom to a seasonally adjusted annual rate of 5.81 million in November of 2017 and beating market expectations of a 0.9% rise. It is the highest level since December of 2006 as sales of single family houses increased 4.5% to 5.09 million, following a 2.1% rise in October and sales of condos surged 14.3% to 0.720 million after a 5% gain. The median house price went up to $248,000 from $246,000 in October and the months' worth of supply fell to 3.4 from 3.9. In addition, the number of houses available in the market went down to 1.67 million from 1.8 million in October. Among regions, sales in the South, which accounts for almost half of the existing homes sales market, increased 8.3%; those in the Northeast rose 6.7% and in the Midwest sales went up 8.4%. In contrast, sales fell 2.3% in the West.
2017-12-20T15:10:35"
US 10Y Bond Yield Hits 7-week High,Government Bond 10Y,US 10Y Bond Yield Hits 7-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 7-week high of 2.4663%2017-12-20T12:48:30.807
US Mortgage Applications Decrease for 2nd Week: MBA,Mortgage Applications,"US Mortgage Applications Decrease for 2nd Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States fell 4.9 percent in the week ending December 15th 2017, following a 2.3 percent drop in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home shrank 5.5 percent and refinance applications declined 3.2 percent. The average fixed 30-year mortgage rate went down by 4bps 4.16 percent, the lowest in two months.2017-12-20T12:05:08.28"
US 10Y Bond Yield Hits 7-week High,Government Bond 10Y,US 10Y Bond Yield Hits 7-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 7-week high of 2.4319%2017-12-19T15:21:23.593
US Housing Starts Unexpectedly Rise in November,Housing Starts,"US Housing Starts Unexpectedly Rise in NovemberUnited States Housing StartsHousing starts in the United States went up 3.3 percent month-over-month to an annualized rate of 1,297 thousand in November of 2017, the highest since October of 2016 and beating market expectations of a 3.2 percent fall. It follows a downwardly revised 1,256 thousand in October. Single family starts jumped 5.3 percent to 930 thousand, the highest since September of 2007; while multi-family segment rose 0.8 percent to 359 thousand.2017-12-19T13:38:22"
US Building Permits Fall Less than Expected,Building Permits,"US Building Permits Fall Less than ExpectedUnited States Building PermitsBuilding permits in the United States fell 1.4 percent from the previous month to a seasonally adjusted annual rate of 1,298 thousand in November 2017, following a 7.4 percent jump in October while markets were expecting a bigger 3.1 percent drop. Multi-family homes permits declined 6.4 percent to 436 thousand while single-family authorizations rose 1.4 percent to 862 thousand. Building permits decreased in the Northeast (-5.7 percent), the Midwest (-4.7 percent) and the West (-3 percent), but rose in the South (1.4 percent).2017-12-19T13:33:38"
US Current Account Gap Lowest in 3 Years,Current Account,"US Current Account Gap Lowest in 3 YearsUnited States Current AccountThe US current account deficit decreased to USD 100.6 billion or 2.1 percent of GDP in the third quarter of 2017 from an upwardly revised USD 124.4 billion in the second quarter or 2.6 percent of GDP. Figures came better than market expectations of a USD 116.8 billion shortfall. It was the smallest current account gap since the third quarter of 2014, as secondary income gap decreased by USD 10 billion to USD 23.2 billion and the goods deficit also fell by USD 6.1 billion to USD 195.3 billion. Meantime, the primary income surplus increased by USD 6.5 billion to USD 57.0 billion and the services surplus widened by USD 1.2 billion to USD 60.9 billion.

2017-12-19T13:33:21"
US Stocks Book Fresh Records on Monday,Stock Market,US Stocks Book Fresh Records on MondayUnited States Stock MarketWall Street closed moderately in the green on Monday 18 December 2017 on rising expectations that Congress will pass this week the tax bill expected to cut the corporate tax rate to 21 percent from 35 percent. All three indices hit new records. The Dow Jones gained 140 points or 0.6% to 24792. The S&P 500 advanced 14 points or 0.5% to 2690. The Nasdaq jumped 58 points or 0.8% to 6995. 2017-12-18T21:09:21
US Home Builder Confidence Highest Since 1999,Nahb Housing Market Index,"US Home Builder Confidence Highest Since 1999United States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States jumped to 74 in December of 2017 from a downwardly revised 69 in November, beating market expectations of 70. It is the highest reading since July of 1999. The component gauging current sales rose 4 points to 81; the index charting sales expectations in the next six months increased 3 points to 79; and the component measuring buyer traffic went up 8 points to 58. Among regions, the index in the Midwest climbed 6 points to 69; the South rose 3 points to 72; the West increased 2 points to 79 and Northeast inched up 1 point to 54. ""Housing market conditions are improving partially because of new policies aimed at providing regulatory relief to the business community,” said NAHB Chairman Granger MacDonald.2017-12-18T15:09:14.047"
US Stocks Soar on Monday,Stock Market,US Stocks Soar on MondayUnited States Stock MarketWall Street opened deeply in the green on Monday with the three main stock indexes reaching intraday records amid rising expectations the Congress will pass the tax bill that will cut the corporate tax rate to 21% from 35%. The Dow Jones jumped 197 points or 0.8%; the S&P 500 went up 18 points or 0.7% and the Nasdaq gained 50 points or 0.7% around 12 minutes after the opening bell.2017-12-18T14:47:31.703
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 248242017-12-18T14:30:05.297
US Treasury International Capital Flows Beat Forecasts,Capital Flows,"US Treasury International Capital Flows Beat ForecastsUnited States Capital FlowsOverseas investors bought USD 151.2 billion of US assets, including short-dated instruments in October of 2017, after selling a downwardly revised USD 42.6 billion in the previous month. Meanwhile, foreigners bought USD 23.2 billion of long-term US securities, including government and corporate, after buying USD 80.9 billion in the previous month.  Foreign investors sold USD 22.1 billion of Treasures in October after buying USD 12.7 billion in the previous month. 2017-12-15T21:30:45"
US Stocks Hit Records Ahead of Tax Bill Details,Stock Market,"US Stocks Hit Records Ahead of Tax Bill DetailsUnited States Stock MarketWall Street closed deep in the green on Friday 15 December 2017, as tax bill details were set to be unveiled, boosting investors’ confidence. Among other economic data, US industrial output went up 0.2% mom in November, following an upwardly revised 1.2% rise in October which was the highest since May 2010. Figures came slightly below expectations of a 0.3% gain. The three main indices reached new highs, with the Dow Jones advancing 143 points or 0.6% to 24652; the S&P 500 climbing 24 points or 0.9% to 2676; and the Nasdaq gaining 80 points or 1.2% to 6937. During the week, all major indices booked gains, with the Dow Jones jumping 1.3%; the S&P 500 0.9%; and the Nasdaq 1.4%. 2017-12-15T21:10:55.743"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 246732017-12-15T15:18:43.743
US Industrial Production Rises Less than Expected,Industrial Production Mom,"US Industrial Production Rises Less than ExpectedUnited States Industrial Production MomUS industrial output went up 0.2 percent month-over-month in November of 2017, following an upwardly revised 1.2 percent rise in October which was the highest since May of 2010. Figures came slightly below market expectations of a 0.3 percent gain. Manufacturing production recorded its third consecutive monthly gain and oil and gas extraction returned to normal levels after being held down in October by Hurricane Nate. Excluding the post-hurricane rebound in oil and gas extraction, total industrial production would have been unchanged in November. 2017-12-15T14:18:54"
NY Empire State Manufacturing Index at 5-Month Low,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index at 5-Month LowUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States decreased to 18 in December of 2017 from 19.4 in the previous month and below market expectations of 18.6. It is the lowest level since July as declines were seen for the new orders index (19.5 from 20.7); unfilled orders (-8.7 from -4.6); inventories (1.4 from 4.6) and the number of employees (5.1 from 11.5). Both prices paid (29.7 from 24.6) and received (11.6 from 9.2) went up faster and the delivery time also increased (4.3 from -2.3). On the other hand, rises were recorded for shipments (22.4 from 18.4) and average workweek (0 from -0.8). Indexes assessing the six-month outlook suggested that firms remained optimistic about future business conditions.2017-12-15T13:41:44.407"
US Business Inventories Decline 0.1% MoM in October,Business Inventories,"US Business Inventories Decline 0.1% MoM in OctoberUnited States Business InventoriesManufacturers’ and trade inventories in the United States edged down 0.1 percent month-over-month in October of 2017, following a flat reading in September and in line with market expectations. It is the first decline in six months as inventories at wholesalers went down 0.5 percent (0.1 percent in September); those at retailers were unchanged (-0.9 percent) and stocks at manufacturers rose at a slower 0.2 percent (0.6 percent). Business sales went up 0.6 percent, below 1.6 percent in September.2017-12-14T15:06:43"
US Private Sector Activity Grows the Least in 9 Months,Composite Pmi,"US Private Sector Activity Grows the Least in 9 MonthsUnited States Composite PmiThe IHS Markit US PMI Composite PMI Output Index declined to 53 in December 2017 from 54.5 in the previous month. The reading pointed to the weakest pace of expansion in the private sector since March, as service sector output growth eased to a 15-month low (PMI at 52.4 from 54.5 in November) while manufacturing production expanded at the fastest pace since January (PMI at 55 from 53.9 in November).2017-12-14T14:54:40.3"
US Service Sector Growth Slows to 15-Month Low,Services PMI,"US Service Sector Growth Slows to 15-Month LowUnited States Services PMIThe IHS Markit US Services PMI Business Activity Index fell to 52.4 in December 2017 from November's final reading of 54.5 and way below market expectations of 55, the flash estimate showed. The reading pointed to the weakest pace of expansion in the service sector since September last year, as incoming new business rose the least since April and the rate of job creation slowed to a seven-month low. Also, business optimism eased for the second month running to its weakest since June 2016.2017-12-14T14:49:53"
US Factory Activity Growth at 11-Month High,Manufacturing PMI,"US Factory Activity Growth at 11-Month HighUnited States Manufacturing PMIThe IHS Manrkit US Manufacturing PMI increased to 55 in December of 2017 from 53.9 in November and beating market expectations. The reading pointed to the fastest expansion in manufacturing since January amid sharper increases in production, new orders and employment.2017-12-14T14:47:42"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 246672017-12-14T14:30:04.727
"US Export Prices Rise 0.5% in November, Above Expectations",Export Prices MoM,"US Export Prices Rise 0.5% in November, Above ExpectationsUnited States Export Prices MoMPrices for US exports increased 0.5 percent month-over-month in November of 2017, following an upwardly revised 0.1 percent rise in the previous month and above market expectations of a 0.2 percent gain. Cost for non-agricultural exports went up 0.6 percent, recovering from a 0.1 percent decline. In addition, cost of consumer goods was unchanged, following a 0.1 percent fall. Meanwhile, prices for agricultural exports dropped 0.6 percent compared to a 1.9 percent increase, mainly due to lower prices of vegetables and meats. Also, cost of capital goods declined 0.1 percent (from 0.5 percent). Year-on-year, export prices went up 3.1 percent. 2017-12-14T13:53:02.523"
US Retail Sales Rise More than Expected,Retail Sales MoM,"US Retail Sales Rise More than ExpectedUnited States Retail Sales MoMRetail sales in the United States increased 0.8 percent month-over-month in November of 2017, following an upwardly revised 0.5 percent rise in October and beating market expectations of 0.3 percent. November was the month of the holiday shopping season, with sales rising for most categories except autos and at general merchandise stores.2017-12-14T13:38:25"
US Import Prices Rise 0.7% in November,Import Prices MoM,"US Import Prices Rise 0.7% in NovemberUnited States Import Prices MoMUS import prices advanced 0.7 percent month-over-month in November 2017, following a downwardly revised 0.1 percent rise in October and matching market expectations. Fuel prices jumped 7.6 percent after a 0.2 percent increase in the previous month, boosted by higher prices of petroleum (7.2 percent) and natural gas (26.3 percent). Meanwhile, cost of non-fuel imports was unchanged following a 0.1 percent rise in October, as lower prices for foods, feeds, and beverages offset higher prices for nonfuel industrial supplies and materials, consumer goods, and automotive vehicles. Year-on-year, import prices advanced 3.1 percent, the sharpest increase since October 2016. 2017-12-14T13:37:29.253"
US Initial Claims Unexpectedly Drop for Fourth Week,Initial Jobless Claims,"US Initial Claims Unexpectedly Drop for Fourth WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 11 thousand to 225 thousand in the week ended December 9th, from the previous week's unrevised level of 236 thousand and below market expectations of 239 thousand. It is the fourth straight week of declines in initial claims, bringing it to the lowest since the week ended October 14th. Claims taking procedures continue to be disrupted in the Virgin Islands and those in Puerto Rico still have not returned to normal.2017-12-14T13:35:45"
US Stocks Pare Gains to Close Mixed as Fed Tightens,Stock Market,"US Stocks Pare Gains to Close Mixed as Fed TightensUnited States Stock MarketWall Street closed mixed on Wednesday 13 December 2017 with the Dow booking a new record, as the Federal Reserve raised the target range for the federal funds rate by a quarter point to 1.25-1.5% during its December 2017 meeting, saying that the labor market has continue to strengthen and that economic activity has been rising at a solid rate. The central bank has forecast three rate hikes in 2018. The Dow Jones advanced 0.3% to 24585, while the Nasdaq edged up 0.2% to 6876. In contrast, the S&P 500 closed down 0.1% to 2663.2017-12-13T21:10:30"
Fed Hikes Interest Rates as Expected,Interest Rate,"Fed Hikes Interest Rates as ExpectedUnited States Interest RateThe Federal Reserve raised the target range for the federal funds rate by a quarter point to 1.25-1.5 percent during its December 2017 meeting, saying that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. The central bank has forecast three rate hikes in 2018.2017-12-13T19:02:17"
US Crude Oil Inventories Drop for 4th Straight Week,Crude Oil Stocks Change,"US Crude Oil Inventories Drop for 4th Straight WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 5.117 million barrels in the week ended December 8th, 2017, following a 5.61 million drop in the previous period and compared with market expectations of a 3.78 million decline. Meanwhile, gasoline inventories went up by 5.664 million, following a 6.78 million rise in the previous week and much higher than market expectations of a 2.457 million increase.2017-12-13T15:32:03.907"
Dow Jones Hits Record High Ahead of Fed Decision,Stock Market,"Dow Jones Hits Record High Ahead of Fed DecisionUnited States Stock MarketThe Dow Jones hit an all-time high of 24,565 right after the market opened on Wednesday as investors await an interest rate decision from the Federal Reserve later in the day. Also, the S&P 500 added 6 points, or 0.2%, to 2,670; and the Nasdaq rose 27 points, or 0.4%, to 6,889.2017-12-13T14:36:33"
US Inflation Rate Rises to 2.2% in November,Inflation Rate,"US Inflation Rate Rises to 2.2% in NovemberUnited States Inflation RateUS consumer price inflation increased to 2.2 percent year-on-year in November 2017 from 2 percent in the previous month, as widely expected. Gasoline prices rose at a faster pace while healthcare and apparel costs fell. Still, core inflation rate, which excludes prices of food and energy, fell to 1.7 percent from 1.8 percent in October, missing market expectations of 1.8 percent. The Fed is expected to raise interest rates later in the day despite a split among policymakers on the outlook for inflation.2017-12-13T13:32:42"
US Mortgage Applications Fall 2.3% in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Fall 2.3% in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States fell 2.3 percent in the week ending December 8th, 2017, after rising by 4.7 percent in the previous period, data from the Mortgage Bankers Association showed. Refinance applications declined 2.5 percent and applications to purchase a home dropped 1.1 percent. The average fixed 30-year mortgage rate edged up by 1bps 4.20 percent.2017-12-13T12:06:33.087"
US 10Y Bond Yield Hits 6-week High,Government Bond 10Y,US 10Y Bond Yield Hits 6-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 6-week high of 2.4173%2017-12-13T09:56:32.097
US Stocks End Mixed Ahead of Fed Meeting,Stock Market,"US Stocks End Mixed Ahead of Fed MeetingUnited States Stock MarketWall Street closed mixed on Tuesday 12 December 2017, as the Dow Jones and S&P 500 booked fresh records ahead of the Fed’s Wednesday meeting where policymakers are expected to raise rates and offer further guidance for its 2018 roadmap. The Dow Jones gained 128 points or 0.5% to 24514. The S&P 500 advanced 4 points or 0.2% to 2664. In contrast, the Nasdaq lost 13 points or 0.2% to 6862.2017-12-12T21:09:06"
US Government Budget Gap Widens Modestly,Government Budget Value,"US Government Budget Gap Widens ModestlyUnited States Government Budget ValueThe US budget deficit widened to USD 138.5 billion in November 2017 from USD 136.7 billion in the same month of the previous year, and above market expectations of USD 134.0 billion. Outlays climbed 3.1 percent year-on-year to USD 346.9 billion and receipts increased 4.3 percent to USD 208.4 billion.2017-12-12T19:04:56"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 245342017-12-12T16:32:33.257
Dollar Index Hits 4-week High,currency,Dollar Index Hits 4-week HighUnited States currencyUS Dollar increased to a 4-week high of 94.182017-12-12T15:40:25.607
US Producer Prices Rise Faster than Expected,Producer Price Inflation MoM,"US Producer Prices Rise Faster than ExpectedUnited States Producer Price Inflation MoMProducer prices for final demand in the US increased 0.4 percent mom in November of 2017, the same as in the previous two months and above expectations of a 0.3 percent gain. Prices of goods jumped 1 percent, following a 0.3 percent rise in October and mainly due to gasoline (15.8 percent). On the other hand, services cost rose at a slower 0.2 percent compared to 0.5 percent in October: about half of the rise is due to prices for loan services (3.1 percent) while margins for machinery and equipment wholesaling declined 1.9 percent. Year-on-year, producer prices for final demand went up 3.1 percent, the highest annual gain since January of 2012 and followed a 2.8 percent rise in October.2017-12-12T13:38:10.77"
US Small Business Optimism Strongest Since 1983,NFIB Business Optimism Index,"US Small Business Optimism Strongest Since 1983United States NFIB Business Optimism IndexThe NFIB's Index of Small Business Optimism in the US rose to 107.5 in November of 2017 from 103.8 in October, beating market expectations of 104.6. It is the strongest reading since July 1983 and second highest value on record. 8 of the 10 index components posted gains, including a 16-point gain in Expected Better Business Conditions; a 13-point jump in Sales Expectations and a 6-point rise in Job Creation plans.2017-12-12T11:23:30"
US Stocks Edge Higher on Monday,Stock Market,"US Stocks Edge Higher on MondayUnited States Stock MarketWall Street closed modestly in the green on Monday 11 December 2017, as the Dow Jones and S&P 500 booked new records ahead of a series of central bank policy meetings this week. Technology hardware and media shares led gains on Monday, with the Dow Jones gaining 57 points or 0.2% to 24386; the S&P 500 increasing 6 points or 0.2% to 2658; and the Nasdaq advancing 35 points or 0.5% to 6875.2017-12-11T21:04:29"
US Job Openings at 5-Month Low,Job Offers,"US Job Openings at 5-Month LowUnited States Job OffersThe number of job openings in the United States fell to 5.996 million in October of 2017 from an upwardly revised 6.177 million in September and below market expectations of 6.090 million. Job openings decreased in wholesale trade (-90,000); finance and insurance (-47,000); information (-32,000) and nondurable goods manufacturing (-26,000). On the other hand, increases were seen in accommodation and food services (+94,000); construction (+48,000) and real estate and rental and leasing (+40,000). Also, the number of job openings edged down to 5.465 million from 5.650 million for total private but rose slightly to 0.535 million from 0.527 million for government. 
2017-12-11T15:18:54.14"
US Stocks Close Higher on Friday,Stock Market,"US Stocks Close Higher on FridayUnited States Stock MarketWall Street closed moderately in the green on Friday December 8th of 2017, as non-farm payrolls in the United States increased by 228 thousand in November of 2017, above market expectations of a 200 thousand. The US unemployment rate held at 4.1 percent in November of 2017, the same as in October and in line with market expectations. It is the lowest jobless rate since February of 2001. The Dow Jones gained 118 points or 0.5% to a new record of 24329. The S&P 500 jumped 15 points or 0.6% to a new high of 2652. The Nasdaq climbed 27 points or 0.4% to 6840. During the week, the Dow Jones and S&P 500 advanced 0.4% each. In contrast, the Nasdaq edged down 0.1%. 2017-12-08T21:09:21"
US Wholesale Inventories Fall the Most in 20 Months,Wholesale Inventories,"US Wholesale Inventories Fall the Most in 20 MonthsUnited States Wholesale InventoriesWholesale inventories in the United States decreased 0.5 percent month-over-month to USD 605.35 billion in October of 2017, worse than a preliminary estimate of a 0.4 percent fall and following a 1 percent gain in September. It is the worst decline since February of 2016, as nondurable goods inventories went down 1.3 percent while durables edged up 0.1 percent. Year-on-year, wholesale stocks increased 3.9 percent.2017-12-08T15:11:46"
US Consumer Sentiment at 3-Month Low,Consumer Confidence,"US Consumer Sentiment at 3-Month LowUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States fell to 96.8 in December of 2017 from 98.5 in November, well below market expectations of 99, preliminary estimates showed. It is the lowest reading in three months, mainly due to a decline in long-term economic prospects among Democrats amid concerns about the impact of the proposed changes in taxes. Also, inflation expectations went up. 
2017-12-08T15:08:41.52"
US Wage Growth Rebounds in November,Average Hourly Earnings,"US Wage Growth Rebounds in NovemberUnited States Average Hourly EarningsUS average hourly earnings for all employees on private nonfarm payrolls increased by 0.2 percent month-over-month or by 5 cents to USD 26.55 in November of 2017. The reading came slightly below market expectations of a 0.3 percent gain and follows a 0.1 percent fall in October. Over the year, average hourly earnings have risen by 64 cents, or 2.5 percent. Average hourly earnings of private-sector production and nonsupervisory employees rose by 5 cents to USD 22.24 in November.2017-12-08T13:52:05"
US Economy Adds More Jobs than Expected,Non Farm Payrolls,"US Economy Adds More Jobs than ExpectedUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 228 thousand in November of 2017, following a downwardly revised 244 thousand in October and beating market expectations of 200 thousand. Employment continued to trend up in professional and business services, manufacturing, and health care. Employment growth has averaged 174,000 per month thus far this year, compared with an average monthly gain of 187,000 in 2016.2017-12-08T13:32:36.317"
US Jobless Rate Steady at 4.1% in November,Unemployment Rate,"US Jobless Rate Steady at 4.1% in NovemberUnited States Unemployment RateThe US unemployment rate held at 4.1 percent in November of 2017, the same as in October and in line with market expectations. It is the lowest jobless rate since February of 2001. The number of unemployed persons was essentially unchanged at 6.6 million. Over the year, the unemployment rate and the number of unemployed persons were down by 0.5 percentage point and 799,000, respectively.2017-12-08T13:31:54"
US Stocks Climb on Thursday,Stock Market,"US Stocks Climb on ThursdayUnited States Stock MarketWall Street closed moderately in the green on Thursday December 7th of 2017, as investors’ confidence was recently enhanced by a tax overhaul that is expected to nudge corporate profits ahead. The Dow Jones jumped 70 points or 0.3 percent to 24211. The S&P 500 climbed 8 points or 0.3 percent to 2637. The Nasdaq gained 36 points or 0.5 percent to 6813. 2017-12-07T21:09:03"
United States Consumer Credit Beats Expectations,Consumer Credit,"United States Consumer Credit Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States rose by USD 20.52 billion in October of 2017, following a downwardly revised USD 19.21 billion gain in September and above market expectations of USD 17.50 billion. Revolving credit increased by USD 8.3 billion after rising by 6.0 billion in the previous month. Non-revolving credit went up by USD 12.20 billion, compared with a USD 13.2 billion gain in September.2017-12-07T20:09:26.7"
US Initial Claims Down to 5-Week Low,Initial Jobless Claims,"US Initial Claims Down to 5-Week LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 2 thousand to 236 thousand in the week ended December 2nd, below market expectations of 240 thousand. It is the third straight week of declines in initial claims, bringing it to the lowest since the last week of October. Claims taking procedures continue to be disrupted in the Virgin Islands and those in Puerto Rico still have not returned to normal. 2017-12-07T13:33:33"
US Planned Layoffs Rise in November,Challenger Job Cuts,"US Planned Layoffs Rise in NovemberUnited States Challenger Job CutsJob cuts announced by US-based employers increased 17.5 percent to 35,038 in November of 2017 from 29,831 in October, the most in seven months. Health care/products cut the most jobs (7,011), followed by services (3,920); consumer products (3,053); computer (2,694); industrial goods (2,623); food (2,210); financial (2,179) and retail (2,065). Year-on-year, job cuts went up 30 percent. So far this year, 386,347 job cuts have been announced, 22 percent fewer than the 493,288 cuts announced through November 2016. It is the lowest year-to-date total since 376,057 cuts were announced through November 1997.2017-12-07T12:49:02"
US Crude Oil Inventories Drop for 3rd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Drop for 3rd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 5.61 million barrels in the week ended December 1st, 2017, following a 3.429 million drop in the previous period and compared with market expectations of a 3.404 million decline. Meanwhile, gasoline inventories went up by 6.780 million, following a 3.627 million rise in the previous week and much higher than market expectations of a 1.741 million increase. It is the biggest rise since January this year.2017-12-06T15:37:28"
US IBD/TIPP Economic Optimism Index Unexpectedly Falls,Economic Optimism Index,"US IBD/TIPP Economic Optimism Index Unexpectedly FallsUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States fell unexpectedly by 3.2 percent to 51.9 in December 2017, missing market expectations of 54.6. Nevertheless, the index maintains its longest stretch in positive territory in more than a decade. All three index components decreased: six-month economic outlook (down 3.9 percent to 49.8); personal financial outlook (down 4.1 percent to 59.1); and confidence in federal economic policies (down 1.3 percent to 46.7).2017-12-06T15:08:22"
US Unit Labour Costs Unexpectedly Fall in Q3,Labour Costs,"US Unit Labour Costs Unexpectedly Fall in Q3United States Labour CostsUnit labor costs in the US nonfarm business sector declined an annualized 0.2 percent on quarter in the third quarter of 2017, compared to a preliminary estimate of a 0.5 percent rise. A 3 percent increase in productivity was greater than a 2.7 percent rise in hourly compensation. Year-on-year, unit labor costs fell 0.7 percent. Figures for the second quarter were also revised to show labour costs decreased 1.2 percent, compared to earlier estimates of a 0.3 percent increase. It is the first time in three years labour costs fall for two straight quarters. 2017-12-06T13:36:27"
US Q3 Productivity Growth Confirmed at 3-Year High,Productivity,"US Q3 Productivity Growth Confirmed at 3-Year HighUnited States ProductivityLabor productivity in the US nonfarm business sector jumped by an annualized 3 percent on quarter in the third quarter of 2017, unrevised from the preliminary estimate and below market expectations of a 3.3 percent gain. It was the sharpest increase in productivity since the third quarter of 2014, as output went up by 4.1 percent and hours worked rose by 1.1 percent. Year-on-year, labor productivity grew by 1.5 percent, reflecting a 3 percent gain in output and a 1.5 percent increase in hours worked.2017-12-06T13:36:13"
US Private Sector Adds More Jobs than Expected: ADP,ADP Employment Change,"US Private Sector Adds More Jobs than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 190 thousand workers in November of 2017, below 235 thousand in October but better than market expectations of 185 thousand. The service-providing sector added 155 thousand jobs, boosted by education and health (54 thousand); professional and business (47 thousand); trade, transportation and utilities sector (36 thousand); leisure and hospitality (25 thousand) and financial activities (7 thousand). On the other hand, job losses were seen in the information sector (-13 thousand) and other services (-2 thousand). The goods-producing sector added 36 thousand jobs due to manufacturing (40 thousand) while construction lost 4 thousand jobs and natural resources and mining were flat. Midsized companies were the ones hiring the highest number of workers (99 thousand), followed by small (50 thousand) and large (41 thousand). 2017-12-06T13:25:14.53"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the United States rose 4.7 percent in the week ending December 1st 2017, after falling by 3.1 percent in the previous period, data from the Mortgage Bankers Association showed. Refinance applications jumped 9 percent and applications to purchase a home rose 2.4 percent. The average fixed 30-year mortgage rate edged down by 1bps 4.19 percent.2017-12-06T12:04:48.657"
US Services Sector Growth Slows from 2005 High,Non Manufacturing PMI,"US Services Sector Growth Slows from 2005 HighUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 57.4 in November of 2017 from 60.1 in October which was the highest reading since August of 2005. Figures came below market expectations of 59. Still, the reading pointed to a strong rise in the non-manufacturing sector and expectations are for continued growth for the remainder of the year.
2017-12-05T15:06:33"
US Private Sector Growth Eases in November: Markit,Composite Pmi,"US Private Sector Growth Eases in November: MarkitUnited States Composite PmiThe IHS Markit US PMI Composite PMI Output Index came in at 54.5 in November 2017, slightly below the preliminary estimate of 54.6 and compared to October's 55.2. The reading pointed to the weakest pace of expansion in the private sector since June amid a softer upturn in business activity. Across sectors, manufacturing output increased the least in two months (PMI at 53.9 from 54.6 in October) and service sector growth fell to a five-month low (PMI at 54.5 from 55.3 in October).2017-12-05T14:56:20.893"
US Service Sector Growth Slows to 5-Month Low: Markit,Services PMI,"US Service Sector Growth Slows to 5-Month Low: MarkitUnited States Services PMIThe IHS Markit US Services PMI Business Activity Index stood at 54.5 in November 2017, downwardly revised from the flash estimate of 54.7 and compared to October's final reading of 55.3. The reading pointed to the weakest pace of expansion in the service sector since June, as output grew at a softer pace and business confidence for the next 12 months eased to a nine-month low. Still, employment rose the most in three months and new business growth accelerated. On the price front, both input prices and output charges increased at quicker paces.2017-12-05T14:52:11.643"
US Exports Unchanged in October,Exports,"US Exports Unchanged in OctoberUnited States ExportsExports of goods and services from the US were unchanged from the previous month at USD 195.9 billion in October 2017. A fall in exports of soybeans and civilian aircraft was offset by an increase in sales of industrial supplies and petroleum. On a non-seasonally adjusted basis, exports to China hit their highest level since December 2013, while those to Mexico were the highest in three years.2017-12-05T13:39:55.463"
US Imports Rise 1.6% to All-Time High,Imports,"US Imports Rise 1.6% to All-Time HighUnited States ImportsImports of goods and services to the US increased 1.6 percent from the previous month to a record USD 244.6 billion in October 2017. Goods imports hit the highest level since May 2014, boosted by rising purchases of crude oil, food, cellphones and other goods. On a non-seasonally adjusted basis, imports from China and Mexico were the highest on record in October.2017-12-05T13:36:10"
US Trade Deficit at 9-Month High,Balance of Trade,"US Trade Deficit at 9-Month HighUnited States Balance of TradeThe US trade deficit widened to USD 48.7 billion in October of 2017 from an upwardly revised USD 44.9 billion gap in September and above market expectations of USD 47.5 billion. It is the highest trade shortfall in nine months as imports jumped 1.6 percent to a record high boosted by purchases of crude oil, food, cellphones and other goods while exports were flat.2017-12-05T13:34:05"
US Stocks End Mixed after Bullish Opening,Stock Market,"US Stocks End Mixed after Bullish OpeningUnited States Stock MarketWall Street closed mixed on Monday December 4th of 2017, with the Dow Jones climbing to a new record but tech stocks falling sharply after the US Senate passed a tax cut bill over the weekend. The Dow Jones jumped 58 points or 0.2% to 24290. In contrast, the S&P 500 lost 2 points or 0.1% to 2640. The Nasdaq plunged 72 points or 1.1% to 6775.2017-12-04T21:10:11"
US Factory Orders Fall Less than Expected,Factory Orders,"US Factory Orders Fall Less than ExpectedUnited States Factory OrdersNew orders for US manufactured goods edged down 0.1 percent month-over-month in October of 2017, following an upwardly revised 1.7 percent rise in September and much better than market expectations of a 0.4 percent drop. Orders for transportation equipment shrank 4.2 percent, following a 4.7 percent jump in September, mainly due to falls in nondefens aircraft (-18.5 percent from 33.9 percent) and ships/boats (-32.8 percent from 31.6 percent). Orders excluding transportation rose 0.8 percent (1.1 percent in September). Orders for non-defense capital goods excluding aircraft, seen as a proxy for business spending plans rose 0.3 percent in October, rebounding from a 0.5 percent drop.2017-12-04T15:08:30"
US ISM NY Index at 4-Month High in November,Ism New York Index,"US ISM NY Index at 4-Month High in NovemberUnited States Ism New York IndexThe ISM New York Current Business Conditions in the United States jumped to 58.1 in November of 2017 from 51.6 in October. Employment (64.6 from 54.8) and expected revenues (71.4 from 63.6) rose faster and a rebound was seen for purchases (56.3 from 45) and current revenues (64.3 from 45.5). In addition, the six-month outlook also improved to 69.7 from 62.6.
2017-12-04T14:54:16.767"
US Stocks Jump After Tax Bill Vote,Stock Market,US Stocks Jump After Tax Bill VoteUnited States Stock MarketWall Street soared on Monday with the Dow and the S&P reaching record highs after the US Senate passed a tax cut bill over the weekend. The Dow Jones jumped 225 points or 0.9%; the S&P 500 added 21 points or 0.8% and the Nasdaq traded 48 points or 0.7% higher around 10 minutes after the opening bell.2017-12-04T14:30:03
US Stocks Dip on Friday,Stock Market,"US Stocks Dip on FridayUnited States Stock MarketWall Street closed modestly in the red on Friday December 1st after Michael Flynn, Donald Trump’s former national security adviser, pleaded guilty to lying to FBI agents about conversations with Russian officials while news showed Flynn was ready to testify about President Trump. The Dow Jones lost 41 points or 0.2% to 24232. The S&P 500 retreated 5 points or 0.2% to 2642. The Nasdaq dropped 26 points or 0.4% to 6848. During the week, the Dow Jones surged 2.9% and the S&P 500 advanced 1.5%. In contrast, the Nasdaq 0.6%. 2017-12-01T21:14:08"
US Stocks Drop After Flynn News,Stock Market,"US Stocks Drop After Flynn NewsUnited States Stock MarketThe Dow Jones Index is losing 260 points. Losses were led by General Electric (-2.76%), Boeing (-1.77%) and Cisco Systems (-1.52%).2017-12-01T16:30:01"
US Construction Spending Rises the Most in 5 Months,Construction Spending,"US Construction Spending Rises the Most in 5 MonthsUnited States Construction SpendingConstruction spending in the US jumped 1.4 percent month-on-month to USD 1.241 trillion in October of 2017, following a 0.3 percent gain in September and beating market expectations of a 0.5 percent rise. It is the biggest increase in construction spending in five months, boosted by a 2.1 percent rise in the nonresidential sector, namely spending on highway and street (1 percent); education (9 percent); manufacturing (1 percent) and offices (5.3 percent). Spending in residential construction went up 0.4 percent. Investment in public projects went up 3.9 percent, much faster than 2 percent in September and private investment rose 0.6 percent, recovering from a 0.2 percent fall. 2017-12-01T15:25:23.067"
US Factory Activity Growth Slows for 2nd Month: ISM,Business Confidence,US Factory Activity Growth Slows for 2nd Month: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US fell to 58.2 in November of 2017 from 58.7 in October and below market expectations of 58.4. The reading pointed to the second consecutive month of slowing growth in factory activity after reaching a 13-year high of 60.8 in September. Employment and export orders eased and inventories contracted more. 2017-12-01T15:09:42.54
US Manufacturing PMI Revised Slightly Up: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Slightly Up: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised marginally higher to 53.9 in November of 2017 from a preliminary reading of 53.8 but remained below 54.6 in October. Output, new orders, employment all rose at a softer pace while signs of capacity pressures persisted, with backlogs of work increasing again. In addition, cost pressures intensified with output inflation reaching the highest since December of 2013. On the other hand, business confidence was the strongest since January of 2016.

2017-12-01T14:52:23"
US Stocks Surge on Tax Bill Prospects,Stock Market,"US Stocks Surge on Tax Bill ProspectsUnited States Stock MarketWall Street closed deep into the green on Thursday November 30th of 2017, as investors await a Senate vote on tax reform late in the day, with key Republican John McCain endorsing the Senate tax bill in a statement hours ahead of the vote. Excluding the Nasdaq, major indices jumped to new highs. The Dow Jones soared 332 points or 1.4% to 24272. The S&P 500 gained 22 points or 0.8% to 2648. The Nasdaq advanced 50 points or 0.7% to 6874.2017-11-30T21:06:15"
United States Stock Market rose 1.44%,Stock Market,"United States Stock Market rose 1.44%United States Stock MarketThe Dow Jones Index rose 344 points. Leading the gains are Goldman Sachs (2.01%), Exxon Mobil (1.05%) and Chevron (0.92%).2017-11-30T21:00:05.323"
US Chicago PMI at 3-Month Low,Chicago Pmi,"US Chicago PMI at 3-Month LowUnited States Chicago PmiThe MNI Chicago Business Barometer fell to 63.9 in November of 2017 from 66.2 in October which was the highest since March of 2011. Figures came better than market expectations of 63. Output expanded at a robust rate in November, as businesses continued to benefit from healthy domestic conditions and an abating of the disruption brought about by the recent adverse weather. New orders, although retreating from October’s four-month high, remained strong. After slipping into contraction territory in October, the employment indicator returned to expansion in November. On the other hand, order backlogs lost ground and inflationary pressures at the factory gate remained elevated, with the prices paid indicator at the third-highest level this year.2017-11-30T15:10:49.453"
US PCE Prices Rise 0.1% in October,PCE Price Index Monthly Change,"US PCE Prices Rise 0.1% in OctoberUnited States PCE Price Index Monthly ChangeThe price index for personal consumption expenditures in the United States edged up 0.1 percent month-over-month in October of 2017 after increasing 0.4 percent in September which was the most since January. Excluding food and energy, the PCE went up 0.2 percent, the same as in the previous month and in line with expectations. Year-on-year, the PCE price index went up 1.6 percent, below 1.7 percent in September and the core one rose 1.4 percent, the same as in September. 2017-11-30T13:47:30"
US Personal Income Beats Forecasts in October,Personal Income,"US Personal Income Beats Forecasts in OctoberUnited States Personal IncomePersonal income in the United States increased 0.4 percent or USD 65.1 billion month-over-month in October of 2017, the same as in September. The reading came better than market expectations of a 0.3 percent as wages and salaries and personal interest income grew faster. Disposable personal income (DPI) went up 0.5 percent or USD 66.1 billion. Real DPI increased 0.3 percent.2017-11-30T13:37:35"
US Personal Spending Rises 0.3% in October,Personal Spending,"US Personal Spending Rises 0.3% in OctoberUnited States Personal SpendingPersonal consumption expenditures in the US rose 0.3 percent month-over-month in October 2017, easing from a downwardly revised 0.9 percent increase in September and matching market expectations. Spending rose at a softer pace for both goods and services.2017-11-30T13:35:41"
US Jobless Claims Fall for Second Week,Initial Jobless Claims,US Jobless Claims Fall for Second WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 2 thousand to 238 thousand in the week ended November 25th from the previous week's revised level of 240 thousand and below market expectations of 240 thousand. Claims taking procedures continued to be disrupted in the Virgin Islands. 2017-11-30T13:33:20
US Stocks Closed Mixed amid Tech Rout,Stock Market,"US Stocks Closed Mixed amid Tech RoutUnited States Stock MarketWall Street closed mixed on Wednesday November 29th of 2017, as megacap tech shares tumbled on warnings of stretched valuations. Among other news, the US economy expanded an annualized 3.3% on quarter in Q3, above an advance reading of 3.0%. It is the highest growth rate since Q3 2014. The Dow Jones gained 104 points or 0.4% to a new record of 23941. The S&P 500 lost 2 points or less than 0.1% to 2625. The Nasdaq plunged 88 points or 1.3% to 6824.2017-11-29T21:05:15"
US Crude Oil Stocks Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went down by 3.429 million barrels in the week ended November 24th, 2017, following a 1.855 million drop in the previous period and compared with market expectations of a 2.301 million decline. Meanwhile, gasoline inventories went up by 3.672 million, following a 0.044 million rise in the previous week and much higher than market expectations of a 1.199 million increase. It is the biggest rise since January this year.2017-11-29T15:32:57"
US Pending Home Sales Decline 0.6% YoY,Pending Home Sales,"US Pending Home Sales Decline 0.6% YoYUnited States Pending Home SalesContracts to buy previously owned homes in the United States fell 0.6 percent year-on-year in October of 2017, following an upwardly revised 3.9 percent drop in September. Contracts went down in the West (-4.4 percent), the Northeast (-1.9 percent) and the Midwest (-0.9 percent) but rose 2 percent in the South. Compared to the previous month, pending home sales jumped 3.5 percent after a revised 0.4 percent fall in September and beating market expectations of a 1 percent rise due a recovery from hurricane-related effects.2017-11-29T15:10:50"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 239102017-11-29T14:30:05.44
US Corporate Profits Rise 5.8% QoQ in Q3,Corporate Profits,"US Corporate Profits Rise 5.8% QoQ in Q3United States Corporate ProfitsCorporate profits in the United States increased by USD 94.8 billion, or 5.8 percent, to USD 1,738.6 billion in the third quarter of 2017, following a 0.1 percent gain in the previous period. Net dividends went up by USD 4.7 billion, or 0.5 percent, to USD 998.9 billion, and the undistributed profits jumped by USD 90.1 billion, or 13.9 percent, to USD 739.7 billion. Meanwhile, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, fell by USD 38.3 billion, or 1.7 percent, to USD 2,231.6 billion.2017-11-29T13:37:19"
US GDP Growth Revised Up to 3.3% in Q3,GDP Growth Rate,"US GDP Growth Revised Up to 3.3% in Q3United States GDP Growth RateThe US economy expanded an annualized 3.3 percent on quarter in the third quarter of 2017, above an advance reading of 3 percent and higher than market expectations of 3.2 percent, the second estimate from the BEA showed. It is the highest growth rate since the third quarter of 2014 when the economy advanced 5.2 percent as nonresidential fixed investment, private inventory investment and government spending were revised up.2017-11-29T13:35:59"
US Mortgage Applications Drop for First Time in 1 Month,Mortgage Applications,"US Mortgage Applications Drop for First Time in 1 MonthUnited States Mortgage ApplicationsMortgage applications in the United States fell 3.1 percent in the week ending November 24th 2017, after rising slightly by 0.1 percent in the previous period, data from the Mortgage Bankers Association showed. Refinance applications dropped 7.7 percent while applications to purchase a home rose 1.8 percent. The average fixed 30-year mortgage rate was unchanged at 4.20 percent.2017-11-29T12:12:15.467"
US Stocks Reach New Highs on Tuesday amid Tax Debate,Stock Market,"US Stocks Reach New Highs on Tuesday amid Tax DebateUnited States Stock MarketWall Street closed deep in the green on Tuesday November 28th of 2017, after the long-awaited fiscal reform passed an important hurdle in the Senate. Financial stocks gained the most, with Bank of America rising 4.0% and JPMorgan Chase 3.8%. The Dow Jones jumped 256 points or 1.1% to a new record of 23837. The S&P 500 gained 26 points or 1.0% to 2627. The Nasdaq advanced 34 points or 0.5% to a new high of 6912.2017-11-28T21:07:04"
United States Stock Market rose 1.08%,Stock Market,"United States Stock Market rose 1.08%United States Stock MarketThe Dow Jones Index rose 255 points. Leading the gains are JPMorgan Chase (3.44%), Verizon (2.25%) and Cisco Systems (2.18%).2017-11-28T21:00:00.013"
Richmond Fed Manufacturing Index Reaches Record High,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index Reaches Record HighUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia jumped to 30 in November of 2017 from 12 in October, beating market expectations of 14. It is the highest reading on record, boosted by a jump in shipments (33 from 9); new orders (35 from 17); capacity utilization (19 from 7); number of employees (18 from 10) and average workweek (17 from 8). On the other hand, wages slowed (21 from 24). In addition, manufacturing firms remained optimistic that growth will continue in the coming six months. 2017-11-28T15:13:24.977"
US House Prices Rise the Most Since 2014: S&P/Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise the Most Since 2014: S&P/Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite home price index of 20 metropolitan areas in the US rose 6.2 percent year-on-year in September of 2017, higher than a downwardly revised 5.8 percent increase in August and above market expectations of 6.1 percent. It is the biggest increase in house prices since July of 2014. Prices went up the most in Seattle (12.9 percent), Las Vegas (9 percent) and San Diego (8.2 percent). Meanwhile, the national index, covering all nine US census divisions also went up 6.2 percent, up from a 5.9 percent gain in the prior month. 2017-11-28T14:08:43"
US House Prices Rise Less than Expected in September: FHFA,FHFA House Price Index MoM,"US House Prices Rise Less than Expected in September: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.3 percent month-over-month in September 2017, following an upwardly revised 0.8 percent gain in August and missing market expectations of 0.6 percent. Year-on-year, prices went up 6.3 percent after rising 6.6 percent in August.2017-11-28T14:04:06"
US Wholesale Inventories Unexpectedly Fall in October,Wholesale Inventories,"US Wholesale Inventories Unexpectedly Fall in OctoberUnited States Wholesale InventoriesWholesale inventories in the United States shrank 0.4 percent month-over-month USD 605.74 billion in October of 2017, missing market expectations of a 0.5 percent rise and following a downwardly revised 0.1 percent gain in September. It is the first fall in six months as stocks of nondurable goods slumped 1.4 percent while inventories of durables edged up 0.2 percent, the preliminary estimate showed. Year-on-year, wholesale stocks increased 4 percent.2017-11-28T13:41:08"
Texas Manufacturing Growth Slows but Remains Solid,Dallas Fed Manufacturing Index,"Texas Manufacturing Growth Slows but Remains SolidUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 19.4 in November 2017 from a near ten-year high of 27.6 in October and below market expectations of 24. Despite of a slowdown, the reading pointed to a solid expansion in Texas factory activity. 11 out of 15 business indicators relating to facilities and products came in lower than in the previous month: activity production (-10.5 points to 15.1), new orders (-4.8 points to 20.0), capacity utilization (-5.2 points to 17.3),  shipments (-4.2 points to 16.7), wages and benefits (-8.3 points to 14.2), employment (-10.4 points to 6.3). Meanwhile, improvement was observed for: growth rate of orders (+5.8 points to 18.1, the highest reading since 2010), capital expenditure (+2.5 points to 15.8). 2017-11-27T15:39:49"
Dow Jones Hits All-Time High,Stock Market,"Dow Jones Hits All-Time HighUnited States Stock MarketThe Dow Jones hit an all-time high of 23,619 around 10:15 AM New York time on Monday, boosted by gains in retail stocks as investors bet on strong sales during the Thanksgiving holiday weekend. Also, the S&P 500 added 3 points, or 0.1%, to 2,606, and the Nasdaq rose 6 points, or 0.1%, to 6,895.2017-11-27T15:11:14"
US New Home Sales At 10-Year High in October,New Home Sales,"US New Home Sales At 10-Year High in OctoberUnited States New Home SalesSales of new single-family houses in the United States unexpectedly rose 6.2 percent to a seasonally adjusted annual rate of 685 thousand in October 2017 from a downwardly revised 645 thousand in September, while markets were expecting a 6.3 percent drop. It was the highest level since October 2007. Sales rose in all four regions with those in the Northeast surging 30.2 percent to their highest level since October 2007, and those in the South increasing 1.3 percent also to a ten-year high. There were also strong gains in sales in the West and Midwest last month.2017-11-27T15:05:18"
US Stocks Rise on Black Friday,Stock Market,US Stocks Rise on Black FridayUnited States Stock MarketWall Street closed in the green on a shortened session on Friday. The S&P and the Nasdaq ended at all-time highs as investors bet on strong sales during the Black Friday. The Dow Jones added 32 points or 0.1% to 23558; the S&P 500 gained 5 points or 0.2% to 2602 and the Nasdaq closed 22 points or 0.3% higher at 6890.2017-11-24T18:34:46.307
US Private Sector Growth Slows to 4-Month Low: Markit,Composite Pmi,"US Private Sector Growth Slows to 4-Month Low: MarkitUnited States Composite PmiThe IHS Markit US PMI Composite PMI Output Index declined to 54.6 in November 2017 from 55.2 in the previous month, the flash estimate showed. The reading pointed to the weakest pace of expansion in the private sector since July amid a softer upturn in business activity. Still, new orders and employment continued to rise at a strong rate. Across sectors, manufacturing output increased the least in two months (PMI at 53.8 from 54.6 in October) and service sector growth fell to a four-month low (PMI at 54.7 from 55.3 in October).2017-11-24T14:58:18.997"
US Service Sector Grows Less than Expected: Markit,Services PMI,"US Service Sector Grows Less than Expected: MarkitUnited States Services PMIThe IHS Markit US Services PMI Business Activity Index fell to 54.7 in November 2017 from October's final reading of 55.3 and way below market expectations of 55.6, the flash estimate showed. The reading pointed to the weakest pace of expansion in the service sector since July, as output grew at a softer pace and business confidence for the next 12 months eased from the previous month. Still, employment rose the most in three months. On the price front, input cost inflation accelerated a seven-month low and prices charged inflation also picked up, but remained softer than September’s three-year peak.2017-11-24T14:51:52"
US Factory Growth Below Expectations: Markit,Manufacturing PMI,"US Factory Growth Below Expectations: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 53.8 in November of 2017 from a nine-month high of 54.6 in October and below market expectations of 54.8. Stocks of finished goods declined for the first time since March amid capacity pressures and cost inflation was one of the highest in five years due to rising raw material costs and strong demand for inputs, flash figures showed.2017-11-24T14:48:42"
US Stocks Close Mixed on Wednesday,Stock Market,"US Stocks Close Mixed on WednesdayUnited States Stock MarketWall Street closed mixed on Wednesday November 22nd of 2017, as Fed minutes revealed the US labor market had continued to strengthen and economic activity had been rising solidly despite hurricane-related disruptions. Several policymakers still consider appropriate to raise the federal funds rate in the near term if the economy stays on track despite concerns regarding persistently low inflation. The Dow Jones lost 65 points or 0.3% to 23526. The S&P 500 retreated 2 points or 0.1% to 2597. In contrast, the Nasdaq rose 5 points or 0.1% to a new record of 6867.2017-11-22T21:06:06"
December Rate Hike Becomes More Likely,Interest Rate,December Rate Hike Becomes More Likely United States Interest RateThe Federal Reserve said the US labor market had continued to strengthen and economic activity had been rising solidly despite hurricane-related disruptions. Several policymakers still consider appropriate to raise the federal funds rate in the near term if the economy stays on track despite concerns regarding persistently low inflation.2017-11-22T19:32:20
Dollar Index Hits 4-week Low,currency,Dollar Index Hits 4-week LowUnited States currencyUS Dollar decreased to a 4-week low of 93.42017-11-22T19:01:03.723
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.855 million barrels in the week ended November 17th, 2017, following a 1.854 million rise in the previous period and compared with market expectations of a 1.545 million decline. Meanwhile, gasoline inventories went up by 0.044 million, following a 0.894 million rise in the previous week and lower than market expectations of a 0.737 million increase.2017-11-22T15:33:25.697"
US Consumer Sentiment Revised Higher,Consumer Confidence,"US Consumer Sentiment Revised HigherUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States was revised up to 98.5 in November of 2017 from a preliminary of 97.8. Still, it was lower than 100.7 in October which was the strongest since January 2004. Expected economic conditions deteriorated compared to the previous month although less than initially estimated. 
2017-11-22T15:06:41"
US Durable Goods Unexpectedly Fall,Durable Goods Orders,"US Durable Goods Unexpectedly FallUnited States Durable Goods OrdersNew orders for US manufactured durable goods shrank 1.2 percent month-over-month in October of 2017, following a 2.2 percent increase in September and compared to market expectations of a 0.3 percent gain. Orders for transport equipment slumped 4.3 percent and those for nondefense aircraft and parts went down 18.6 percent, after jumping 4.4 percent and 33.9 percent respectively in September due to a rise in Boeing aircraft orders. Non-defense capital goods orders excluding aircraft, seen as a proxy for business spending plans went down 0.5 percent, the biggest drop since September of 2016 and following an upwardly revised 2.1 percent gain in the previous month. 2017-11-22T13:36:56.21"
US Jobless Claims Fall More than Expected,Initial Jobless Claims,US Jobless Claims Fall More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 13 thousand to 239 thousand in the week ended November 18th from the previous week's revised level of 252 thousand and below market expectations of 240 thousand.2017-11-22T13:32:01.853
US Mortgage Applications Rise 0.1%: MBA,Mortgage Applications,"US Mortgage Applications Rise 0.1%: MBAUnited States Mortgage ApplicationsMortgage applications in the United States edged up 0.1 percent in the week ending November 17th 2017, after rising 3.1 percent in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home rose 5.3 percent while refinance applications fell 4.8 percent. The average fixed 30-year mortgage rate increased by 2bps to 4.2 percent.2017-11-22T12:09:40.903"
US Stocks Surge to New Records on Tuesday,Stock Market,"US Stocks Surge to New Records on TuesdayUnited States Stock MarketWall Street closed in the green on Tuesday November 21st of 2017, as investors showed optimism about recent company earnings, progress in NAFTA negotiations, and global economic growth. All three major indices closed at record highs. The Dow Jones gained 161 points or 0.7% to 23591. The S&P 500 climbed 17 points or 0.6% to 2599.The Nasdaq surged 72 points or 1.1% to 6862.2017-11-21T21:08:57"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 236032017-11-21T16:02:15.987
US Existing Home Sales Rise More than Expected,Existing Home Sales,"US Existing Home Sales Rise More than ExpectedUnited States Existing Home SalesSales of previously owned houses in the United States jumped 2 percent month-over-month to a seasonally adjusted annual rate of 5.48 million in October of 2017 from a downwardly revised 5.37 million in September. Figures beat market expectations of a 0.7 percent rise to 5.42 million as supply shortages and disruptions from recent hurricanes dissipated. Sales of single family houses increased 2.1 percent to 4.87 million after rising 0.6 percent in September and sales of condos went up 1.7 percent to 0.61 million, following a 1.6 percent decline. The median house price declined to $247,000 from $247,600 in September and the months' worth of supply fell to 3.9 from 4.2 percent. In addition, the number of houses available in the market went down to 1.8 million from 1.86 million in September.2017-11-21T15:09:44.68"
US Chicago Fed Activity Index Highest Since 2012,Chicago Fed National Activity Index,"US Chicago Fed Activity Index Highest Since 2012United States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States jumped to 0.65 in October of 2017 from an upwardly revised 0.36 in September, beating market expectations of 0.2. It is the highest reading since January of 2012, mainly due to a surge in the contribution from production-related indicators (0.53 in October from 0.18 in September). The sales, orders, and inventories category (0.05 from 0.08) and employment-related indicators (0.11 from 0.13) also contributed positively though the contribution edged down. On the other hand, the contribution of the personal consumption and housing category fell to –0.04 from –0.02. The index’s three-month moving average increased to 0.28 in October from 0.01 in September.2017-11-21T13:50:05"
US Stocks Decline on Friday,Stock Market,"US Stocks Decline on FridayUnited States Stock MarketWall Street closed modestly in the red on Friday November 17th of 2017, as investors assessed the Senate’s fiscal bill now that  House Republicans approved its version of the tax reform. Among other economic releases, housing starts in the US jumped 13.7% mom to 1,290K in October, beating expectations of 1,180K. The Dow Jones closed down 100 points or 0.4% to 23358. The S&P 500 retreated 7 points or 0.3% to 2579. The Nasdaq edged down 11 points or 0.2% to 6783. During the week, the Dow Jones dropped by 0.3% and the S&P 500 by 0.1%. In contrast, the Nasdaq gained 0.5%, nudged by the aftermath of a earnings season. 2017-11-17T21:09:47"
US Housing Starts at 1-Year High,Housing Starts,"US Housing Starts at 1-Year HighUnited States Housing StartsHousing starts in the United States jumped 13.7 percent month-over-month to an annualized rate of 1,290 thousand in October of 2017, the highest in a year and beating market expectations of a 5.6 percent rise to 1,180 thousand. It follows an upwardly revised 1,135 thousand in September, which was the lowest reading since September of 2016, mainly due to disruptions caused by Hurricanes Harvey and Irma in the South. 2017-11-17T13:37:03"
US Building Permits Highest in 9 Months,Building Permits,"US Building Permits Highest in 9 MonthsUnited States Building PermitsPrivately-owned housing units authorized by building permits grew 5.9 percent in October to seasonally adjusted annual rate of 1,297K. This is the strongest number since January.  Single-family authorizations in October were at a rate of 839K; this is 1.9 percent above the revised September figure of 823K. Authorizations of units in buildings with five units or more were at a rate of 416K in October, 13.4 percent above September figure of 367K.2017-11-17T13:34:42"
US Stocks Rebound Sharply as House Passes Tax Bill,Stock Market,"US Stocks Rebound Sharply as House Passes Tax BillUnited States Stock MarketWall Street closed in the green on Thursday, following losses in the previous 2 sessions. Sentiment was nudged after House Republicans passed a tax bill to overhaul the current fiscal code by slashing the corporate tax rate. The Senate is still debating its own separate plan. Investors' mood also improved after better-than-expected earnings for Cisco and Wal-Mart. The Dow Jones advanced 187 points or 0.8% to 23458. The S&P 500 gained 21 points or 0.8% to 2585. The Nasdaq surged by 87 points or 1.3% to a new record of 6793.2017-11-16T21:03:36"
US Home Builder Confidence at 8-Month High,Nahb Housing Market Index,"US Home Builder Confidence at 8-Month HighUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States rose 2 points to 70 in November of 2017, beating market expectations of 68. It is the highest reading since March. The component gauging current sales rose 2 points to 77; the index charting sales expectations in the next six months increased 1 point to 77; and the component measuring buyer traffic went up 2 points to 50.2017-11-16T15:09:13.017"
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketWall Street opened in the green on Thursday, following losses in the previous 2 sessions. Investors' mood improved after better-than-expected earnings for Cisco and Wal-Mart. The Dow Jones went up 134 points or 0.6%; the S&P 500 added 11 points or 0.4% and the Nasdaq gained 50 points or 0.8% around 25 minutes after the opening bell2017-11-16T15:01:31.433"
US Industrial Output Rises the Most in 6 Months,Industrial Production Mom,"US Industrial Output Rises the Most in 6 MonthsUnited States Industrial Production MomIndustrial production in the United States increased 0.9 percent month-over-month in October of 2017, following an upwardly revised 0.4 percent rise in September and beating market expectations of 0.5 percent. It is the biggest gain in industrial output since April, as factories returned to normal operations after Hurricanes Harvey and Irma suppressed production in Gulf Coast and Florida in August and September. Manufacturing and utilities increased while mining fell, as Hurricane Nate caused a sharp but short-lived decline in oil and gas drilling and extraction in Gulf Cost. Excluding the effects of the hurricanes, the index for total output advanced about 0.3 percent.
2017-11-16T14:21:41"
US Export Prices Flat in October,Export Prices MoM,"US Export Prices Flat in OctoberUnited States Export Prices MoMPrices for US exports were unchanged month-over-month in October of 2017, following a downwardly revised 0.7 percent gain in September and well below market expectations of a 0.4 percent rise. Prices for agricultural exports went up 1.9 percent, mainly due to vegetables while cost of nonagricultural sales declined 0.3 percent amid lower prices for nonagricultural industrial supplies and materials and autos. In contrast, cost of capital goods and consumer goods increased. Year-on-year, export prices went up 2.9 percent.
2017-11-16T13:45:43.597"
US Richmond Fed Manufacturing Index Below Estimates,Philadelphia Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Below EstimatesUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US decreased to 22.7 in November of 2017 from 27.9 in October and missing market expectations of 25. It was the lowest reading since August, as the employment index fell by 8 points to 22.6 and the shipments index declined 3 points to 21.7. Meanwhile, the new orders index rose 2 points to 21.4. Both the delivery times and unfilled orders indexes remained positive, suggesting longer delivery times and increases in unfilled orders. Also, the inventories index turned negative, falling 15 points to -8.6. On the price front, the prices paid index went up only slightly by 0.9 points to 39 and the selling prices index fell by 5.6 points to 8.6. Almost all of the indicators assessing the six-month outlook improved and firms remained optimistic about growth in both activity and employment.2017-11-16T13:44:05"
US Import Prices Rise Less than Expected,Import Prices MoM,"US Import Prices Rise Less than ExpectedUnited States Import Prices MoMPrices for US imports edged up 0.2 percent month-over-month in October of 2017, easing from an upwardly revised 0.8 percent gain in September and below market expectations of 0.4 percent. Fuel prices went up 1.4 percent, lower than a 5.5 percent rise in the previous month. as a 1.7 percent gain in petroleum prices offset a 6.7 percent drop in natural gas prices. Cost of non-fuel imports rose 0.2 percent, slightly below 0.3 percent in September, mainly driven by rise in nonfuel industrial supplies and materials prices and capital goods. In contrast, decline was observed in prices of automotive vehicles; consumer goods; and foods, feeds, and beverages. Year-on-year, import prices rose 2.5 percent. 2017-11-16T13:39:16"
US Jobless Claims Highest in 6 Weeks,Initial Jobless Claims,"US Jobless Claims Highest in 6 WeeksUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 10 thousand to 249 thousand in the week ended November 11th from the previous week's unrevised level of 239 thousand and above market expectations of 235 thousand.  The 4-week moving average was 237,750, an increase of 6,500 from the previous week's unrevised average of 231,250. Claims taking procedures continue to be severely disrupted in the Virgin Islands. The ability to take claims has improved in Puerto Rico and they are now processing backlogged claims. 2017-11-16T13:32:10.65"
US Stocks Extend Losses as Oil Continues to Slide,Stock Market,"US Stocks Extend Losses as Oil Continues to Slide United States Stock MarketWall Street closed in the red on Wednesday November 15th of 2017, extending losses for the second day as oil prices continued to retreat. Stocks of crude oil in the United States rose by 1.854 million barrels in the week ended November 10th, 2017, following a 2.237 million rise in the previous period and compared with market expectations of a 2.2 million decline. The Dow Jones lost 138 points or 0.6% to 23271. The S&P 500 closed down 14 points or 0.6% to 2565. The Nasdaq retreated 32 points or 0.5% to 6706.2017-11-15T21:18:15"
United States International Flow Gap Narrows in September,Capital Flows,"United States International Flow Gap Narrows in SeptemberUnited States Capital FlowsOverseas investors sold USD 51.3 billion of US assets, including short-dated instruments in September of 2017, after buying an upwardly revised USD 130.2 billion in the previous month. Meanwhile, foreigners bought USD 80.9 billion of long-term US securities, including government and corporate, after buying USD 73.2 billion in the previous month. Foreign investors bought USD 12.7 billion of Treasures in September, down from USD 17.5 billion in August of 2017.2017-11-15T21:11:47"
US Crude Oil Inventories Rise for 2nd week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 2nd weekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 1.854 million barrels in the week ended November 10th, 2017, following a 2.237 million rise in the previous period and compared with market expectations of a 2.2 million decline. Meanwhile, gasoline inventories went up by 0.894 million, following a 3.312 million drop in the previous week and beating market expectations of a 0.919 million decrease.2017-11-15T15:32:36"
US Business Inventories Stall in September,Business Inventories,"US Business Inventories Stall in SeptemberUnited States Business InventoriesManufacturers’ and trade inventories in the United States were flat month-over-month in September of 2017, following a downwardly revised 0.6 percent rise in August and in line with market expectations. Inventories rose at manufacturers (0.7 percent, compared to 0.6 percent in August) but fell at retailers (-0.9 percent from 0.6 percent) and slowed at wholesalers (0.3 percent from 0.8 percent). Business sales jumped 1.4 percent in September, following a 0.8 percent increase in August. 2017-11-15T15:15:59.103"
US Stocks Fall on Lower Oil Prices,Stock Market,"US Stocks Fall on Lower Oil PricesUnited States Stock MarketWall Street opened in the red on Wednesday, extending losses for the second day as oil prices continued to retreat. The Dow Jones went down 140 points or 0.6%, the S&P 500 lost 14 points or 0.5% and the Nasdaq traded 63 points or 1% lower around 20 minutes after the opening bell. 
2017-11-15T14:57:21.327"
NY State Factory Activity Growth Slows to 4-Month Low,NY Empire State Manufacturing Index,"NY State Factory Activity Growth Slows to 4-Month LowUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States decreased to 19.4 in November of 2017 from 30.2 in the previous month and well below market expectations of 26. It was the lowest level since July as the shipments index fell 9.1 points to 18.4 and the unfilled orders index moved down 6.9 points to -4.6. In addition, the employment index decreased 4.1 points to 11.5, indicating that employment expanded although at a slower pace. Meanwhile, new orders climbed 2.7 points to 20.7, and the delivery time index declined 5.4 points to -2.3, a level which indicates shorter delivery times. Also, the inventories index rose 12.4 points to 4.6, a sign that inventory levels increased modestly. On the price front, the input prices index went down 2.7 points to 24.6 while the selling prices index advanced 2.2 points to 9.2.2017-11-15T13:41:35"
US Inflation Rate Slows to 2%,Inflation Rate,"US Inflation Rate Slows to 2%United States Inflation RateConsumer prices in the United States rose 2 percent year-on-year in October of 2017, below 2.2 percent in September and in line with market expectations. Cost eased for gasoline and fuel oil after hurricane-related production disruptions at oil refineries in the Gulf Coast area gave a boost to energy prices during September and August. Yet, core inflation rose to 1.8 percent, the highest in six months amid rising prices for food, transportation services and medical care.
2017-11-15T13:34:09"
US Retail Sales Rise 0.2% in October,Retail Sales MoM,"US Retail Sales Rise 0.2% in OctoberUnited States Retail Sales MoMRetail sales in the United States rose 0.2 percent month-over-month in October of 2017, above market expectations of no growth and following a upwardly revised 1.9 percent growth in September. 9 of 13 major retail categories showed month-over-month increases. 
2017-11-15T13:33:55"
US Mortgage Applications Rebound: MBA,Mortgage Applications,"US Mortgage Applications Rebound: MBAUnited States Mortgage ApplicationsMortgage applications in the United States increased 3.1 percent in the week ending November 10th 2017, after stalling in the previous period, data from the Mortgage Bankers Association showed. It is the first rise in four weeks as refinance applications went up 6.3 percent and applications to purchase a home edged up 0.4 percent. The average fixed 30-year mortgage rate was unchanged at 4.18 percent.2017-11-15T12:04:56.217"
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on TuesdayUnited States Stock MarketWall Street traded in the red on Tuesday, with stocks from technology, banks and retailers among the biggest laggards. Also, GE shares plunged for the 2nd session after the company announced a restructuring plan and cut its dividend by 50%. The Dow Jones fell 123 points or 0.5%, the S&P 500 lost 17 points or 0.7% and the Nasdaq traded 30 points or 0.4% lower around 10:20 AM NY time.2017-11-14T15:34:11"
US Producer Prices Rise More than Expected,Producer Price Inflation MoM,"US Producer Prices Rise More than ExpectedUnited States Producer Price Inflation MoMProducer prices for final demand in the US increased 0.4 percent mom in October of 2017, the same as in September and above expectations of a 0.2 percent gain. Cost of services grew slightly faster (0.5 percent compared to 0.4 percent in September) as margins for fuels and lubricants retailing surged 24.9 percent. On the other hand, prices for final demand goods increased only 0.3 percent, below 0.7 percent in the previous month. Almost half of the rise was the result of 2.1 percent growth in cost of pharmaceutical preparations. Year-on-year, producer prices went up 2.8 percent, the most since February of 2012. Excluding food and energy, producer prices for final demand increased 0.4 percent on the month and 2.4 percent on the year.2017-11-14T13:36:37"
US Small Business Optimism Rises in October,NFIB Business Optimism Index,"US Small Business Optimism Rises in OctoberUnited States NFIB Business Optimism IndexThe NFIB's Index of Small Business Optimism in the US rose to 103.8 in October of 2017 from 103 in September, but remained below market expectations of 104.2. Four out of ten index components rose, five declined slightly and one remained unchanged. Small business owners expected the economy to improve (1); expect higher sales (6), think that it’s a good time to expand (6) and are more positive about current job openings (5). In contrast, deterioration was seen in plans to increase employment (-1), current inventories level (-3) and earnings trends (-3). 
2017-11-14T11:13:06"
US Government Budget Deficit Widens in October,Government Budget Value,"US Government Budget Deficit Widens in OctoberUnited States Government Budget ValueThe US budget deficit widened to USD 63.2 billion in October 2017 from USD 45.8 billion in the same month of the previous year, and slightly above market expectations of USD 62.0 billion. Outlays jumped 11.6 percent year-on-year to USD 299 billion while receipts increased 6.2 percent to USD 235 billion.2017-11-13T19:17:46"
US Stocks End Mixed to Book Weekly Loss,Stock Market,"US Stocks End Mixed to Book Weekly LossUnited States Stock MarketWall Street closed mixed on Friday November 10th of 2017, as the US Senate revealed that its fiscal plan would delay tax cuts to the corporate rate until 2019. The Dow Jones retreated 40 points or 0.2% to 23422. The S&P 500 edged down 2 points or 0.1% to 2582. The Nasdaq inched up 1 point or less than 0.1% to 6751. During the week, all three major indices booked losses, with the Dow Jones declining 0.5%; the S&P 500 0.2%; and the Nasdaq 0.2%. 2017-11-10T21:11:12"
Walt Disney earnings at 1.13 USD,Earnings,Walt Disney earnings at 1.13 USDUnited States EarningsWalt Disney (DIS) released earnings per share at 1.13 USD.2017-11-10T18:10:16.48
US Consumer Sentiment Misses Forecasts,Consumer Confidence,"US Consumer Sentiment Misses ForecastsUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the US fell to 97.8 in November from 100.7 in October which was the strongest since January 2004. The reading came below expectations of 100.7, as current and expected economic conditions deteriorated and consumers expect the inflation to rise in the next year. 2017-11-10T15:08:23"
US Stocks Retreat from Records,Stock Market,"US Stocks Retreat from RecordsUnited States Stock MarketWall Street fell from record highs to close in the red on Thursday amid lower-than-expected results for companies including Kohl's and Macy's. Financials extended losses on Thursday, with shares of technology and industrial companies also retreating moderately. The Dow Jones declined 101 points or 0.4% to 23462. The S&P 500 fell 10 points or 0.4% to 2585. The Nasdaq lost 39 points or 0.6% to 6750.2017-11-09T21:39:15"
US Wholesale Inventories Edge Up 0.3%,Wholesale Inventories,"US Wholesale Inventories Edge Up 0.3%United States Wholesale InventoriesWholesale inventories in the US rose 0.3 percent month-over-month to USD 609.5 billion in September of 2017, in line with the preliminary figures and slowing from a 0.8 percent jump in August which was the highest in eight months. Inventories went down for autos (-0.3 percent compared to 2.1 percent in August) and computer equipment (-2.5 percent compared to 1.2 percent) and fell more for professional equipment (-1.1 percent compared to -0.1 percent). In addition, stocks rose much less for both durable (0.3 percent compared to 0.7 percent) and nondurable (0.4 percent compared to 1 percent) goods. In contrast, inventories rebounded for machinery (0.2 percent compared to 0.2 percent) and accelerated for petroleum (3 percent compared to 0.8 percent). Excluding autos, wholesale inventories rose 0.4 percent. Year-on-year, wholesale stocks increased 4.6 percent. 2017-11-09T15:11:49.78"
US Stocks Down From Records,Stock Market,"US Stocks Down From RecordsUnited States Stock MarketWall Street fell from record highs to trade in the red on Thursday amid lower-than-expected results for companies including Kohl's and Macy's. The Dow Jones was down 109 points or 0.5%, the Nasdaq lost 12 points or 0.5% and the Nasdaq fell 53 points or 0.8% around 9 minutes after the opening bell. 2017-11-09T14:46:53"
US Jobless Claims Rise to 1-Month High,Initial Jobless Claims,"US Jobless Claims Rise to 1-Month HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 10 thousand to 239 thousand in the week ended November 4th from the previous week's unrevised level of 229 thousand and above market expectations of 231 thousand. Meanwhile, four-week average of initial claims, a less-volatile measure than the weekly figure, dropped by 1.25 thousand to 231.25 thousand, the lowest since March 1973.2017-11-09T13:31:33"
US Stocks Edge Up to Fresh Highs on Wednesday,Stock Market,"US Stocks Edge Up to Fresh Highs on WednesdayUnited States Stock MarketWall Street closed modestly in the green on Wednesday November 8th of 2017 amid investor speculation of fiscal plan odds following Tuesday’s election results that left Congressional Republicans weaker to pass new legislation. Technology shares offset weaker bank equities on Wednesday, with all three major indices hitting new highs. The Dow Jones edged up 6 points or less than 0.1% to 23563. The S&P 500 inched up 4 points or 0.1% to 2594. The Nasdaq gained 21 points or 0.3% to 6789.2017-11-08T21:10:29"
US Crude Oil Inventories Rise the Most in 7 Weeks,Crude Oil Stocks Change,"US Crude Oil Inventories Rise the Most in 7 WeeksUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 2.237 million barrels in the week ended November 3rd, 2017, following a 2.435 million drop in the previous period and compared with market expectations of a 2.876 million decline. It is the biggest increase in crude oil inventories in seven weeks. Meanwhile, gasoline inventories went down by 3.312 million, following a 4 million drop in the previous week and much worse than market expectations of a 1.938 million decrease.
2017-11-08T15:37:18.9"
US Mortgage Applications Flat in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Flat in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States stalled in the week ending November 3rd 2017, following a 2.6 percent drop in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went down 0.5 percent, offsetting a 0.5 percent gain in applications to purchase a home. The average fixed 30-year mortgage rate declined by 4bps to 4.18 percent.2017-11-08T12:03:23.893"
Actinium Pharmaceuticals earnings at -0.09 USD,Earnings,Actinium Pharmaceuticals earnings at -0.09 USDUnited States EarningsActinium Pharmaceuticals (ATNM) released earnings per share at -0.09 USD.2017-11-08T09:58:23.227
United States Consumer Credit Beats Expectations,Consumer Credit,"United States Consumer Credit Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States rose by USD 20.83 billion in September of 2017, following a downwardly revised USD 13.10 billion gain in August and above market expectations of USD 18.00 billion. Revolving credit increased by USD 6.30 billion after rising by 5.6 billion in the previous month. Non-revolving credit went up by USD 14.40 billion, compared with an upwardly revised USD 7.70 billion gain in August.2017-11-07T20:06:53"
US Economic Optimism Highest Since March,Economic Optimism Index,"US Economic Optimism Highest Since MarchUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States rose 6.6 percent to 53.6 in November of 2017, beating market expectations of 51.2 and reaching the highest in eight months. The index has now been above 50 - which signals overall optimism about the economy — for 14 straight months, signaling strong continued optimism. Also, the improvement was seen in six-month economic outlook (+6.4 percent to 51.8); how Americans feel about their own finances in the next six months (+3.5 percent to 61.6) and confidence in government (+10.5 percent to 47.3). 2017-11-07T15:08:46"
US September Job Openings Above Expectations,Job Offers,"US September Job Openings Above ExpectationsUnited States Job OffersThe number of job openings in the United States rose to 6.093 million in September 2017 from an upwardly revised 6.090 million in August and above market expectations of 6.091 million. The most jobs were created in professional and business services (156,000), other services (52,000), state and local government education (36,000), and federal government (15,000). By contrast, there were less new jobs in accommodation and food services (-111,000) and information (-28,000). Job openings have been at or near record high levels since June.2017-11-07T15:04:11"
US Stocks Edge Higher on Monday,Stock Market,"US Stocks Edge Higher on MondayUnited States Stock MarketWall Street closed modestly in the green on Monday November 6th of 2017 despite a decline in telephone equities as merger talks between Sprint and T-Mobile collapsed. In contrast, shares of basic materials rallied nudged by higher commodity prices. All three major indices closed at record highs. The Dow Jones edged up 9 points or less than 0.1% to 23548. The S&P 500 advanced 3 points or 0.1% to 2591. The Nasdaq climbed 22 points or 0.3% to 6786.2017-11-06T21:09:02.277"
US Stocks Book Fresh Records amid Jobs Report,Stock Market,"US Stocks Book Fresh Records amid Jobs ReportUnited States Stock MarketWall Street closed higher on Friday November 3rd of 2017 with the three major indices booking fresh records, as non-farm payrolls in the United States increased by 261 thousand in October of 2017, compared with market expectations of a 310 thousand rise. The unemployment rate edged down by 0.1 percentage point to 4.1 percent in October, marking the lowest unemployment rate since December 2000. The Dow Jones gained 23 points or 0.1% to 23539. The S&P 500 advanced 8 points or 0.3% to 2588. The Nasdaq climbed 49 points or 0.7% to 6764. During the week, the Dow Jones jumped 0.4%; the S&P 500 0.3%; and the Nasdaq 0.9%.2017-11-03T20:12:50"
US Services Sector Rises the Most Since 2005: PMI,Non Manufacturing PMI,"US Services Sector Rises the Most Since 2005: PMIUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States increased to 60.1 in October of 2017 from 59.8 in September, beating market expectations of 58.5. It is a new high reading since August of 2005, as production, employment and inventories continued to rise and the outlook for business conditions remained positive. It is the 4th time in the whole series the number is above 60.2017-11-03T14:09:28"
US Factory Orders Rise 1.4% in September,Factory Orders,"US Factory Orders Rise 1.4% in SeptemberUnited States Factory OrdersNew orders for US manufactured goods rose 1.4 percent month-over-month in September 2017, following a 1.2 percent growth in August and slightly beating market expectations of a 1.3 percent gain. Orders for transportation equipment advanced 4.7 percent, boosted by a 30.8 percent surge in civilian aircraft orders, and a 33.2 percent gain in ships and boats. Orders excluding transportation rose 0.7 percent (0.6 percent in August). Durable goods orders were up 2 percent (2.1 percent August) while nondurable goods increased 0.8 percent (0.4 percent in August).2017-11-03T14:06:31"
US Composite PMI Revised Slightly Down: Markit,Composite Pmi,"US Composite PMI Revised Slightly Down: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI increased to 55.2 in October of 2017 from 54.8 in September although it was revised lower from an initial estimate of 55.7. Manufacturing rose at the fastest pace since January (54.6 from 53.1) while services growth was unchanged (55.3). 
2017-11-03T13:59:11"
US Services PMI Revised Down: Markit,Services PMI,"US Services PMI Revised Down: MarkitUnited States Services PMIThe IHS Markit US Services PMI came in at 55.3 in October of 2017, the same as in September but below an initial estimate of 55.9. Yet, the reading pointed to a slightly faster expansion of the services sector than the long-run average. New business eased to a six-month low in October while employment levels expanded at a solid rate; backlogs also rose and input inflation eased to the lowest in seven months. In addition, business expectations remained robust.
2017-11-03T13:53:22.61"
US Wage Growth Misses Expectations,Average Hourly Earnings,"US Wage Growth Misses ExpectationsUnited States Average Hourly EarningsAverage hourly earnings for all US employees on private nonfarm payrolls were flat at $26.53 in October of 2017, after rising by 12 cents or 0.5 percent in September. It compares with market expectations of a 0.2 percent gain and marks the first month of no growth in wages since November last year. Year-on-year, wages increased by 63 cents or 2.4 percent, below a downwardly revised 2.8 percent rise in September. In October, average hourly earnings of private-sector production and nonsupervisory employees were little changed at $22.22. 2017-11-03T13:04:01"
US Imports Rebound in September,Imports,"US Imports Rebound in SeptemberUnited States ImportsImports to the US jumped 1.2 percent month-over-month to USD 240.3 billion in September of 2017, recovering from an upwardly revised 0.2 percent drop in August. Imports of goods increased USD 2.4 billion to USD 196.0 billion: capital goods surged USD 1.5 billion; semiconductors increased USD 0.5 billion; civilian aircraft rose USD 0.3 billion; industrial supplies and materials went up USD 1.1 billion and other petroleum products increased USD 0.7 billion. In contrast, purchases of automotive vehicles, parts, and engines decreased USD0.6 billion and those of passenger cars fell USD 0.5 billion. Imports of services increased USD 0.4 billion to USD 44.3 billion in September: transport went up USD 0.3 billion.2017-11-03T12:52:26"
US Exports Highest Since December 2014,Exports,"US Exports Highest Since December 2014United States ExportsExports from the US went up 1.1 percent month-over-month to USD 196.8 billion in September of 2017, reaching the highest value since December of 2014. Exports of goods increased USD 1.8 billion to USD 130.6 billion, also the highest since December of 2014: industrial supplies and materials rose USD 1.9 billion; crude oil went up USD 1.1 billion; nonmonetary gold increased USD 0.3 billion and other goods rose USD 0.8 billion. In contrast, sales of consumer goods decreased 0.2 billion and pharmaceutical preparations went down USD 1.0 billion. Exports of services increased USD 0.3 billion to a record high of USD 66.2 billion in September, with transport rising USD 0.3 billion.2017-11-03T12:49:57"
US Trade Gap Slightly Higher than Expected,Balance of Trade,US Trade Gap Slightly Higher than ExpectedUnited States Balance of TradeThe trade deficit in the United States widened to USD 43.5 billion in September 2017 from an upwardly revised USD 42.8 billion in August and compared to market expectations of a USD 43.2 billion gap. Exports rose 1.1 percent to the highest since December of 2014 while imports increased at a slightly faster 1.2 percent.2017-11-03T12:43:38
US Economy Adds 261K Jobs in October,Non Farm Payrolls,"US Economy Adds 261K Jobs in OctoberUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 261 thousand in October of 2017, compared with market expectations of a 310 thousand rise. Employment in food services and drinking places increased sharply over the month, mostly offsetting a decline in September that largely reflected the impact of Hurricanes Irma and Harvey. In October, employment also increased in professional and business services, manufacturing, and health care. The September figure was revised up to an 18 thousand rise, compared to an initial estimate of a 33 thousand decline.  2017-11-03T12:35:58.51"
US Unemployment Rate Falls to 4.1%,Unemployment Rate,"US Unemployment Rate Falls to 4.1%United States Unemployment RateUS unemployment rate edged down by 0.1 percentage point to 4.1 percent in October as the number of unemployed persons decreased by 281,000 to 6.5 million. It is the lowest unemployment rate since December 2000. Since January, the unemployment rate has declined by 0.7 percentage point, and the number of unemployed persons has decreased by 1.1 million.2017-11-03T12:35:42"
Time Warner earnings at 1.82 USD,Earnings,Time Warner earnings at 1.82 USDUnited States EarningsTime Warner (TWX) released earnings per share at 1.82 USD.2017-11-03T10:21:37.697
Apple earnings at 2.07 USD,Earnings,Apple earnings at 2.07 USDUnited States EarningsApple (AAPL) released earnings per share at 2.07 USD.2017-11-02T22:48:32.647
US Stocks End Mixed on Thursday with New Dow Record,Stock Market,"US Stocks End Mixed on Thursday with New Dow RecordUnited States Stock MarketWall Street closed mixed on Thursday November 2nd of 2017, as House Republicans began rolling out the fiscal bill that would cut the corporate tax rate to 20 percent and impose 12 percent on multinational’s offshore earnings. Among other news, President Trump’s plan to nominate Jerome Powell to lead the Fed had little impact. The Dow Jones gained 81 points or 0.3% to a record of 23516. The S&P 500 closed 1 point up or less than 0.1% to 2580. The Nasdaq remained flattish at 6715. 2017-11-02T20:02:17"
Stocks in United States Hit All-time High,Stock Market,Stocks in United States Hit All-time HighUnited States Stock MarketDow Jones increased to an all-time high of 235182017-11-02T19:35:27.803
Manufacturing Activity in NY State Rebounds in October,Ism New York Index,"Manufacturing Activity in NY State Rebounds in OctoberUnited States Ism New York IndexThe ISM New York Current Business Conditions in the United States rose to 51.6 in October of 2017 from 49.7 in September. Employment returned to growth (54.8 from 48.3) and expected revenues went up (63.6 from 52). The six-month outlook also improved to 62.6 from 58.4. On the other hand, quantity of purchases contracted more (45 from 48.1); current revenues declined (45.5 from 50) and prices paid increased (60 from 52.3).2017-11-02T13:55:07"
US Productivity Rises the Most in 3 Years,Productivity,"US Productivity Rises the Most in 3 Years United States ProductivityLabor productivity in the US nonfarm business sector jumped an annualized 3 percent on quarter in the third quarter of 2017, compared with a 1.5 percent rise in the previous period and well above market expectations of a 2.4 percent gain, preliminary estimates showed. It is the highest increase since the third quarter of 2014 as output went up 3.8 percent and hours worked increased 0.8 percent. From the third quarter of 2016 to the third quarter of 2017, productivity increased 1.5 percent, reflecting a 2.9-percent increase in output and a 1.4 percent increase in hours worked.2017-11-02T12:42:45"
US Labour Costs Rise 0.5% in Q3,Labour Costs,"US Labour Costs Rise 0.5% in Q3United States Labour CostsUnit labor costs in the US nonfarm business sector rose an annualized 0.5 percent on quarter in the third quarter of 2017, higher than an upwardly revised 0.3 percent increase in the second quarter and in line with market expectations, preliminary estimates showed. It reflects a 3.5 percent increase in hourly compensation and a 3.0 percent increase in productivity. Unit labor costs decreased 0.1 percent over the last four quarters.2017-11-02T12:38:47"
US Jobless Claims Below Expectations,Initial Jobless Claims,"US Jobless Claims Below ExpectationsUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 5 thousand to 229 thousand in the week ended October 28th, below market expectations of 235 thousand. The previous week's level was revised up by 1 thousand to 234 thousand. Claims taking procedures continued to be severely disrupted in the Virgin Islands while backlogged claims are now being processed in Puerto Rico.




2017-11-02T12:31:12"
US Planned Layoffs Fall in October: Challenger,Challenger Job Cuts,"US Planned Layoffs Fall in October: ChallengerUnited States Challenger Job CutsJob cuts announced by US-based employers declined 7.8 percent to 29,831 in October of 2017 from 32,346 in September. Health care/products cut the most jobs (6,373), followed by services (3,939); pharmaceutical (3,076); entertainment/leisure (1,938); energy (1,846); industrial goods (1,768); financial (1,683); insurance (1,566); retail (1,543) and consumer products (1,517). Year-on-year, job cuts declined 3 percent. So far this year, 351,309 job cuts have been announced, 24.6 percent fewer than the 466,352 cuts announced through October 2016. This is the lowest ten-month total since 1997, when 328,816 cuts were announced through October.
2017-11-02T11:38:21"
Ashford Hospitality Prime earnings at 0.37 USD,Earnings,Ashford Hospitality Prime earnings at 0.37 USDUnited States EarningsAshford Hospitality Prime (AHP) released earnings per share at 0.37 USD.2017-11-02T09:43:49.857
Corenergy Infrastructure earnings at 0.89 USD,Earnings,Corenergy Infrastructure earnings at 0.89 USDUnited States EarningsCorenergy Infrastructure (CORR) released earnings per share at 0.89 USD.2017-11-02T09:37:23.48
Aerohive Networks earnings at -0.03 USD,Earnings,Aerohive Networks earnings at -0.03 USDUnited States EarningsAerohive Networks (HIVE) released earnings per share at -0.03 USD.2017-11-02T09:33:22.557
Facebook earnings at 1.59 USD,Earnings,Facebook earnings at 1.59 USDUnited States EarningsFacebook (FB) released earnings per share at 1.59 USD.2017-11-02T09:22:25.453
Fed Leaves Monetary Policy Steady,Interest Rate,"Fed Leaves Monetary Policy Steady United States Interest RateThe Federal Reserve left the target range for its federal funds rate unchanged at 1 percent to 1.25 percent during its November 2017 meeting as widely expected. Policymakers said the labor market has continued to strengthen and economic activity has been rising at a solid rate despite hurricane-related disruptions, suggesting the December rate hike is still on the table.

2017-11-01T18:00:31"
United States Stock Market increasing 0.30%,Stock Market,"United States Stock Market increasing 0.30%United States Stock MarketThe Dow Jones Index is up by 69 points. The rise is driven by Pfizer (1.65%), Intel (1.56%) and Cisco Systems (1.48%). Biggest losses came from Apple (-1.16%), General Electric (-0.37%) and Boeing (-0.36%).2017-11-01T16:30:00.383"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went down by 2.435 million barrels in the week ended October 27th, 2017, following a 0.856 million rise in the previous period and compared with market expectations of a 1.756 million drop. Meanwhile, gasoline inventories went down by 4.02 million, following a rise of 5.465 million drop in the previous week and much worse than market expectations of a 1.506 million decrease.
2017-11-01T14:39:39"
US Construction Spending Unexpectedly Rises in September,Construction Spending,"US Construction Spending Unexpectedly Rises in SeptemberUnited States Construction SpendingConstruction spending in the US went up 0.3 percent month-on-month to USD 1.219 trillion in September of 2017, following a downwardly revised 0.1 percent gain in August and beating market expectations of a 0.1 percent drop. Investment in public projects went up 2.6 percent, much faster than 0.7 percent in August as outlays on educational projects jumped 5.2 percent (2.5 percent in August) and construction of highways/streets went up 1.1 percent (-2.3 percent in August). On the other hand, private construction spending continued to decline (-0.4 percent  vs -0.1 percent in August) as outlays dropped for commercial (-1 percent from -1 percent), offices (-1.1 percent from -1.9 percent) and manufacturing (-3.6 percent from -4.6 percent). Year-on-year, construction spending went up 2 percent.2017-11-01T14:26:14"
US Factory Activity Growth Falls in October: ISM,Business Confidence,"US Factory Activity Growth Falls in October: ISM United States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US fell to 58.7 in October of 2017 from a 13-year high of 60.8 in September. Figures came below market expectations of 59.5 as growth slowed among most subindexes and inventories contracted again. 
2017-11-01T14:13:23"
US Manufacturing PMI Revised Marginally Higher: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Marginally Higher: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI was revised slightly higher to 54.6 in October of 2017 from a preliminary of 54.5 and 53.1 in September. It is the highest reading since January due to a stronger growth in output and new orders. Also, export sales rose the most since August of 2016 and job creation was the strongest in 28 months.2017-11-01T13:51:10"
US Companies Create Most Jobs in 7 Months: ADP,ADP Employment Change,"US Companies Create Most Jobs in 7 Months: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 235 thousand workers in October of 2017, higher than a downwardly revised 110 thousand in September and beating market expectations of 200 thousand. It is the highest reading since March. The service-providing sector added 150 thousand jobs, boosted by professional and business (109 thousand); leisure and hospitality (45 thousand); education and health (39 thousand); other services (24 thousand) and financial activities (9 thousand). On the other hand, job losses were seen in the trade, transportation and utilities sector (-50 thousand) and information (-27 thousand). The goods-producing sector added 85 thousand jobs due to construction (62 thousand), manufacturing (22 thousand) and natural resources and mining (1 thousand). Large companies were the ones hiring the highest number of workers (90 thousand), followed by small (79 thousand) and midsized (66 thousand). 2017-11-01T12:24:12"
US Mortgage Applications Decline for 2nd Week,Mortgage Applications,"US Mortgage Applications Decline for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 2.6 percent in the week ending October 27th 2017, following a 4.6 percent drop in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went down 4.5 percent and applications to purchase a home decreased 0.8 percent. The average fixed 30-year mortgage rate rose by 4bps to 4.22 percent, reaching the highest since mid-July. 2017-11-01T11:07:37.967"
US Stocks Edge Up as Nasdaq Books New High,Stock Market,"US Stocks Edge Up as Nasdaq Books New HighUnited States Stock MarketWall Street closed modestly in the green on Monday October 31st of 2017, as President Donald Trump hinted he’ll name a new Fed chair Thursday, while investors remained expectant ahead of the Fed’s monetary policy announcement on Wednesday. A strong earnings season thus far nudged tech stocks to new highs. The Dow Jones advanced 29 points or 0.1% to 23377. The S&P 500 gained 2 points or 0.1% to 2575. The Nasdaq climbed 29 points or 0.4% to a new record of 6728. 2017-10-31T21:14:21"
United States Stock Market increased 0.12%,Stock Market,"United States Stock Market increased 0.12%United States Stock MarketThe Dow Jones Index went up by 29 points. The rise was driven by Intel (2.67%), Apple (1.21%) and Chevron (1.07%). Biggest losses came from General Electric (-1.61%), Microsoft (-0.89%) and JPMorgan Chase (-0.73%).2017-10-31T20:59:58.847"
Chicago PMI Highest Since March 2011,Chicago Pmi,"Chicago PMI Highest Since March 2011United States Chicago PmiThe MNI Chicago Business Barometer increased to 66.2 in October of 2017 from 65.2 in September, beating market expectations of 61. It is the highest reading since March of 2011 as both demand and output climbed for the third straight. New orders reached the highest since June and the second highest since May 2014; production hit its highest since August 2014 and order backlogs touched a 29-year high, partially due to disruptions caused by the hurricanes. On the other hand, supplier deliveries and inventories softened and employment contracted due to a continued shortage of skilled and trained workers. Inflationary pressures eased, losing almost half of last month’s gain.
2017-10-31T14:12:22"
US House Prices Rise Less than Expected: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise Less than Expected: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite home price index of 20 metropolitan areas in the US rose 5.9 percent year-on-year in August of 2017, higher than a 5.8 percent increase in July but slightly below market expectations of 6 percent. Prices increased the most in Seattle (13.2 percent), Las Vegas (8.6 percent) and San Diego (7.8 percent). Meanwhile, the national index, covering all nine US census divisions went up 6.1 percent, up from a 5.9 percent gain in the prior month. 2017-10-31T13:17:39.947"
US Employment Cost Index Rises 0.7% in Q3,Employment Cost Index,"US Employment Cost Index Rises 0.7% in Q3United States Employment Cost IndexCompensation costs for civilian workers increased 0.7 percent in the third quarter of 2017, following a 0.5 percent rise in the previous period and beating market expectations of 0.6 percent. Wages and salaries, which make up about 70 percent of compensation costs, went up 0.7 percent (vs 0.5 percent in Q2) and benefits, which make up the remaining 30 percent of compensation, rose 0.8 percent (vs 0.6 percent in Q2). Year-on-year, compensation costs for civilian workers increased 2.5 percent.2017-10-31T12:34:46.017"
Mastercard earnings at 1.34 USD,Earnings,Mastercard earnings at 1.34 USDUnited States EarningsMastercard (MA) released earnings per share at 1.34 USD.2017-10-31T12:21:06.583
Pfizer earnings at 0.67 USD,Earnings,Pfizer earnings at 0.67 USDUnited States EarningsPfizer (PFE) released earnings per share at 0.67 USD.2017-10-31T11:06:24.843
Armada Hoffler Properties earnings at 0.25 USD,Earnings,Armada Hoffler Properties earnings at 0.25 USDUnited States EarningsArmada Hoffler Properties (AHH) released earnings per share at 0.25 USD.2017-10-31T11:06:18.603
United States Stock Market fell 0.36%,Stock Market,"United States Stock Market fell 0.36%United States Stock MarketThe Dow Jones Index dropped 85 points. Losses were led by Merck & Co (-5.92%), Verizon (-2.26%) and 3M (-1.40%). Offsetting the fall, top gainers were Apple (2.45%), Chevron (1.25%) and Boeing (1.09%).2017-10-30T21:00:00.98"
Rudolph Technologies earnings at 0.33 USD,Earnings,Rudolph Technologies earnings at 0.33 USDUnited States EarningsRudolph Technologies (RTEC) released earnings per share at 0.33 USD.2017-10-30T20:35:21.78
Dallas Fed Manufacturing Index Highest Since 2006,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Highest Since 2006United States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to 27.6 in October of 2017 from 21.3 in September and way above market expectations of 21. It is the highest reading since March of 2006 amid rises in production (25.6 from 19.5), new orders (24.8 from 18.6), capacity utilization (22.5 from 15.8), materials inventories (10.6 from 3.9), finished goods inventories (9.9 from -4.5) and employment (16.7 from 16.3). In addition, price pressures eased for both prices paid (32.3 from 34.5) and received (15.3 from 17.5). On the other hand, a slowdown was seen for shipments (20.9 from 27.4), wages and benefits (22.5 from 26.4) and hours worked (13.7 from 18.4). Expectations regarding future business conditions remained highly optimistic. The index of future general business activity moved up four points to 38.5, while the index of future company outlook remained unchanged at 39.0. 2017-10-30T14:41:04.827"
US PCE Prices Rise the Most in 8 Months,PCE Price Index Monthly Change,"US PCE Prices Rise the Most in 8 MonthsUnited States PCE Price Index Monthly ChangeThe price index for personal consumption expenditures in the United States went up 0.4 percent month-over-month in September of 2017 after an increase of 0.2 percent in August. It was the highest gain in PCE prices since January. Cost of goods advanced 0.7 percent after growing 0.3 percent in August, boosted by higher prices of nondurable goods (1.2 percent vs 0.5 percent) while the cost of durable goods fell 0.3 percent from a 0.1 percent drop in the prior month. Also, cost of services went up 0.2 percent, the same pace as in August. Year-on-year, the PCE price index went up 1.6 percent, higher than 1.4 percent in the previous month.2017-10-30T12:44:36"
US Personal Spending Rises the Most in 8 Years,Personal Spending,"US Personal Spending Rises the Most in 8 YearsUnited States Personal SpendingPersonal spending in the US jumped 1 percent month-over-month in September of 2017, after edging up 0.1 percent in August and beating market expectations of a 0.8 percent rise. It is the biggest gain in personal consumption since August of 2009, mainly boosted by auto sales and utilities as households recover from damages caused by Hurricanes Harvey and Irma. 
2017-10-30T12:42:13"
US Core PCE Prices Rise 0.1% in September,Core PCE Price Index MoM,"US Core PCE Prices Rise 0.1% in SeptemberUnited States Core PCE Price Index MoMThe so-called core PCE price index in the United States, which excludes food and energy, went up 0.1 percent month-over-month in September 2017, the same pace as in the previous period and in line with market expectations. Year-on-year, the core PCE price index rose 1.3 percent, the same pace as in the previous month and also in line with market consensus. The core PCE is the Fed's preferred inflation measure. The central bank has a 2 percent target.2017-10-30T12:36:33.09"
US Personal Income Rises 0.4% in September,Personal Income,"US Personal Income Rises 0.4% in SeptemberUnited States Personal IncomePersonal income in the United States rose 0.4 percent month-over-month in September 2017, following a 0.2 percent gain in August and in line with market expectations. The growth in personal income was mainly driven by increases in wages and salaries (0.4 percent from 0.1 percent in August) and nonfarm proprietors’ income (0.6 percent from 0.3 percent).2017-10-30T12:32:10"
United States Stock Market rose 0.14%,Stock Market,"United States Stock Market rose 0.14%United States Stock MarketThe Dow Jones Index rose 33 points. Leading the gains are Intel (7.50%), Microsoft (6.22%) and Apple (3.50%). Top losers were Merck & Co (-6.20%), Chevron (-4.50%) and General Electric (-2.60%).2017-10-27T20:59:59.593"
US Consumer Sentiment Revised Remains At 2004 High,Consumer Confidence,"US Consumer Sentiment Revised Remains At 2004 HighUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States was revised down to 100.7 in October of 2017 from 101.1 in the preliminary estimate and lower than market expectations of 100.9. Still it is the strongest number since January 2004 amid more favorable consumers' assessments of current economic conditions as well as expected economic prospects. 
2017-10-27T14:14:51"
"US GDP Growth Rate at 3% in Q3, Beats Forecasts",GDP Growth Rate,"US GDP Growth Rate at 3% in Q3, Beats ForecastsUnited States GDP Growth RateThe US economy expanded an annualized 3 percent on quarter in the third quarter of 2017, only slightly below 3.1 percent in the previous three months, which was the fastest pace since Q1 2015, the advance estimate showed. Figures beat expectations of 2.5 percent, despite the disruptions caused by hurricanes Harvey and Irma. Inventories rose sharply and trade made the biggest contribution to growth in nearly four years amid a fall in imports. It helped to offset a slowdown in consumer spending and fixed investment and a drop in construction.2017-10-27T12:34:34"
US 10Y Bond Yield Hits 32-week High,Government Bond 10Y,US 10Y Bond Yield Hits 32-week Highunited states Government Bond 10YUnited States 10 Year Government Bond Yield increased to a 32-week high of 2.4738%2017-10-27T07:11:29.927
Dollar Index Hits 14-week High,currency,Dollar Index Hits 14-week HighUnited States currencyUS Dollar increased to a 14-week high of 94.882017-10-27T06:39:18.827
US Pending Home Sales Below Expectations,Pending Home Sales,"US Pending Home Sales Below ExpectationsUnited States Pending Home SalesContracts to buy previously owned homes in the United States fell 3.5 percent year-on-year in September of 2017, following an upwardly revised 2.8 percent drop in August. Contracts fell in all four regions of the country: the Northeast (-2.4 percent), the Midwest (-2.5 percent), the west (-2.9 percent) and the South (-5 percent). Compared to the previous month, pending home sales were flat, remaining at the lowest level in about 1-1/2 years and worse than market expectations of a 0.2 percent gain.2017-10-26T14:10:28.293"
US Jobless Claims Rise Less than Expected,Initial Jobless Claims,"US Jobless Claims Rise Less than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 10 thousand to 233 thousand in the week ended October 21st, slightly below market expectations of 235 thousand. The previous week's level was revised up by 1 thousand to 223 thousand. Yet, claims taking procedures continue to be severely disrupted in Puerto Rico and the Virgin Islands as a result of power outages and infrastructure damage caused by Hurricanes Irma and Maria.2017-10-26T12:37:17"
US Wholesale Inventories Rise Less than Expected,Wholesale Inventories,"US Wholesale Inventories Rise Less than Expected United States Wholesale InventoriesWholesale inventories in the US rose 0.3 percent month-over-month to USD 609.1 billion in September 2017, missing market expectations of 0.4 percent and following a downwardly revised 0.8 percent jump in August, the preliminary estimate showed. Year-on-year, wholesale stocks increased 4.6 percent.2017-10-26T12:37:11"
US Stocks Fall From Records on Disappointing Earnings,Stock Market,"US Stocks Fall From Records on Disappointing EarningsUnited States Stock MarketWall Street fell from record levels to trade in the red on Wednesday amid disappointing results for several companies including Boeing, Chipotle and AT&T. The Dow Jones closed 112 points down or 0.5% to 23330. The S&P 500 lost 12 points or 0.5% to 2557. The Nasdaq retreated 35 points or 0.5% to 6564.2017-10-25T20:05:05"
US Stocks Trade Lower on Earnings,Stock Market,"US Stocks Trade Lower on EarningsUnited States Stock MarketWall Street fell from record levels to trade in the red on Wednesday amid disappointing results for several companies including Boeing, Chipotle and AT&T. The Dow Jones was down 163 points or 0.7%; the S&P 500 declined 18 points or 0.7% and the Nasdaq traded 49 points or 0.7% lower around 1:30 PM NY time.2017-10-25T17:46:06"
US Crude Oil Inventories Rise for 1st Time in 5 Weeks,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 1st Time in 5 WeeksUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 0.856 million barrels in the week ended October 20th, 2017, following a 5.731 million decline in the previous period and compared with market expectations of a 2.578 million drop. It is the first increase in crude oil inventories in five weeks. Meanwhile, gasoline inventories went down by 5.465 million, following a rise of 0.908 million in the previous week and much worse than market expectations of a 0.017 million decrease.
2017-10-25T14:35:30.217"
US New Home Sales at Near 10-Year High,New Home Sales,"US New Home Sales at Near 10-Year HighUnited States New Home SalesSales of new single-family houses in the United States jumped 18.9 percent to a seasonally adjusted annual rate of 667 thousand in September of 2017, beating market expectations of a 0.9 percent decline. It is the highest value since October of 2007 and the largest percentage gain since January of 1992. Sales rose in all four regions with those in the South surging 25.8 percent after a 1 percent fall in August which was partly the result of Hurricanes Harvey and Irma.2017-10-25T14:07:35"
US Home Prices Rise More than Expected in August: FHFA,FHFA House Price Index MoM,"US Home Prices Rise More than Expected in August: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.7 percent month-over-month in August 2017, following an upwardly revised 0.4 percent gain in July and beating market expectations of 0.4 percent. Year-on-year, prices went up 6.6 percent after rising 6.3 percent in July.2017-10-25T13:08:15.113"
US Durable Goods Orders Jump 2.2%,Durable Goods Orders,"US Durable Goods Orders Jump 2.2%United States Durable Goods OrdersNew orders for US manufactured durable goods rose 2.2 percent month-over-month in September of 2017, following an upwardly revised 2 percent increase in August and well above market expectations of a 1 percent gain. Orders for transport equipment went up 5.1 percent and those for nondefense aircraft and parts jumped 31.5 percent, mainly due to a rise in Boeing aircraft orders. Non-defense capital goods orders excluding aircraft, seen as a proxy for business spending plans increased 1.3 percent, following an upwardly revised 1.3 percent gain in the previous month.2017-10-25T12:39:37"
US Mortgage Applications Fall the Most in 5 Weeks: MBA,Mortgage Applications,"US Mortgage Applications Fall the Most in 5 Weeks: MBAUnited States Mortgage ApplicationsMortgage applications in the United States decreased 4.6 percent in the week ending October 20th 2017, after rising 3.6 percent in the previous period, data from the Mortgage Bankers Association showed. It is the biggest decline in five weeks as refinance applications went down 3 percent and applications to purchase a home slumped 6.1 percent. The average fixed 30-year mortgage rate rose by 4bps to 4.18 percent.2017-10-25T12:03:11.57"
Dow Jones Books New High After Strong Earnings,Stock Market,"Dow Jones Books New High After Strong EarningsUnited States Stock MarketWall Street closed modestly in the green on Tuesday October 24th of 2017 propelled by strong earnings from manufacturers, as Caterpillar, 3M, General Motors and Fiat Chrysler delivered better-than-expected quarterly results. The Dow Jones gained 168 points or 0.7% to a new record of 23442. The S&P 500 edged up 4 points or 0.2% to 2569. The Nasdaq advanced 12 points or 0.2% to 6598. 2017-10-24T20:12:11"
Richmond Fed Manufacturing Index  at 4-Month Low,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index  at 4-Month LowUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 12 in October of 2017 from a seven-month high of 19 in September, below market expectations of 17. It is the lowest reading in four months mainly due to a notable decline in the shipments index (9 from 22). A slowdown was also seen in new orders (17 from 20), backlog of orders (7 from 8) and employment (10 from 15). On the other hand, the wage index increased to 24 from 17, the highest since May of 2000. Manufacturing firms remained optimistic about growth in the next six months. Most expectations indexes rose, with the exception of employment and average workweek.2017-10-24T14:08:51.523"
US Private Sector Growth Hits 9-Month High: Markit,Composite Pmi,"US Private Sector Growth Hits 9-Month High: MarkitUnited States Composite PmiThe IHS Markit US Composite Output Index rose to 55.7 in October 2017 from 54.8 in the previous month, a flash estimate showed. The reading pointed to the fastest pace of expansion in the private sector since January, as manufacturing growth hit a nine-month high (PMI at 54.5 from 53.1 in September) and service sector output rose the most in two months (PMI at 55.9 from 55.3 in September).2017-10-24T13:59:26"
US Services Activity Rises at Faster Pace: Markit,Services PMI,"US Services Activity Rises at Faster Pace: MarkitUnited States Services PMIThe IHS Markit US Services Business Activity Index rose to 55.9 in October 2017 from 55.3 in the previous month and above market consensus of 55.6. The reading signalled the second-fastest rate of expansion since November 2015, due to improving domestic economic conditions and increased client spending. Also, the degree of optimism improved from September’s seven-month low, while employment rose at a weaker pace amid softer new business growth. On the price front, input cost inflation moderated to its least marked since March and average charges rose the least for six months.2017-10-24T13:52:34"
US Factory Activity Growth at 9-Month High: Markit,Manufacturing PMI,"US Factory Activity Growth at 9-Month High: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI rose to 54.5 in October of 2017 from 53.1 in September, beating market expectations of 53.5. The reading pointed to the biggest expansion in factory activity since January as production and new orders rose faster and job creation was the strongest since June of 2015, flash estimates showed.
2017-10-24T13:50:43.933"
US Stocks Rise on Earnings,Stock Market,"US Stocks Rise on EarningsUnited States Stock MarketWall Street opened in the green on Tuesday, with the Dow reaching a record high amid better-than-expected earnings for 3M, Caterpillar and General Motors. The Dow Jones was up 167 points or 0.7%; the S&P 500 went up 5 points or 0.2% and the Nasdaq added 12 points or 0.2% around 6 minutes after the opening bell.2017-10-24T13:30:06"
US Stocks Slide Ahead of Busy Earnings Week,Stock Market,"US Stocks Slide Ahead of Busy Earnings WeekUnited States Stock MarketUS Stocks declined moderately on Monday October 23rd of 2017, as investors monitored progress in tax legislation and President Trump’s pick for the Fed’s next chairman. Technology stocks underperformed ahead of a busy earnings week. The Dow Jones lost 55 points or 0.2% to 23274. The S&P 500 dipped 10 points or 0.4% to 2565. The Nasdaq retreated 42 points or 0.6% to 6587. 2017-10-23T20:09:31"
US Chicago Fed National Activity Index Recovers in September,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index Recovers in SeptemberUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States rose to 0.17 from a downwardly revised -0.37 in August, beating market expectations of -0.1. It is the highest reading in three months as there was a positive contribution from production-related indicators (+0.10 from -0.33 in August). Also, the index was boosted by higher sales, orders and inventories (+0.07 from +0.06) and employment-related indicators (+0.06 from +0.01). In contrast, personal consumption and housing category contributed negatively but the drag was smaller than in August (-0.07 from -0.11).  The index’s three-month moving average was unchanged at -0.16.2017-10-23T12:39:33"
US Stocks Book 6th Weekly Gain and Hit Fresh Highs,Stock Market,"US Stocks Book 6th Weekly Gain and Hit Fresh HighsUnited States Stock MarketWall Street closed moderately in the green on Friday October 20th of 2017, as the US Senate approved a budget consistent with tax cuts that raised bets on President Trump’s fiscal plan. All three major indices clinched records on Friday. The Dow Jones gained 166 points or 0.7% to 23329. The S&P 500 climbed 13 points or 0.5% to 2575. The Nasdaq advanced 24 points or 0.4% to 6629. During the week, the Dow Jones jumped 2.0%; the S&P 500 0.9%; and the Nasdaq 0.4%. Major indices booked their sixth straight weekly gain. 2017-10-20T20:10:39"
US Fiscal Year Deficit Widens to 3.5% of GDP,Government Budget,"US Fiscal Year Deficit Widens to 3.5% of GDPUnited States Government BudgetThe US budget deficit widened to USD 666 billion, or 3.5 percent of GDP, in the fiscal year 2017 from USD 586 billion, or 3.2 percent of GDP, in the previous fiscal year. Spending rose 3 percent to an all-time high of USD 3.981 trillion, while revenues increased at a slower 1 percent to a record USD 3.315 trillion. Accounting for calendar adjustments, the 2017 fiscal year deficit was USD 644 billion compared with USD 546 billion the prior year. 2017-10-20T18:17:31"
US September Budget Surplus Largest than Expected,Government Budget Value,"US September Budget Surplus Largest than ExpectedUnited States Government Budget ValueThe US budget surplus narrowed sharply to USD 8.0 billion in September 2017 from USD 33.4 billion in the same month of the previous year, but above market expectations of USD 6.0 billion. Outlays jumped 5 percent year-on-year to USD 341 billion, a record for a September month, while receipts decreased 2 percent to USD 349 billion. For the fiscal year 2017, the US budget deficit widened to USD 666 billion, or 3.5 percent of GDP, from USD 586 billion, or 3.2 percent of GDP, in the previous fiscal year.2017-10-20T18:09:24.427"
US Existing Home Sales Unexpectedly Rise in September,Existing Home Sales,"US Existing Home Sales Unexpectedly Rise in SeptemberUnited States Existing Home SalesSales of previously owned houses in the United States rose 0.7 percent month-over-month to a seasonally adjusted annual rate of 5.39 million in September 2017 from a year low of 5.35 million in August, beating market expectations of a 1 percent fall. Still, ongoing supply shortages and recent hurricanes muted overall activity. Sales of single family houses increased 1.1 percent to 4.79 million after falling 2.1 percent in August, while those of condos fell 1.6 percent to 0.60 million, following a 1.7 percent decline. The median house price fell to $245,100 from $253,100 in August and the months' worth of supply was steady at 4.2 percent. In addition, the number of houses available in the market rose to 1.90 million from 1.87 million in August.2017-10-20T14:08:50"
Procter & Gamble earnings at 1.09 USD,Earnings,Procter & Gamble earnings at 1.09 USDUnited States EarningsProcter & Gamble (PG) released earnings per share at 1.09 USD.2017-10-20T11:10:10.817
US Stocks Pare Early Decline amid Volatility Upswing,Stock Market,"US Stocks Pare Early Decline amid Volatility Upswing United States Stock MarketWall Street closed mixed on Thursday October 19th of 2017, as a series of uncertainty triggers including political events in New Zealand and Spain; a sharp drop in Hong Kong equities; and bad news from Apple nudged stocks to an early drop, before paring losses near the closing bell. Technology shares fell the most on Thursday. The Dow Jones gained 5 points or less than 0.1% to a new record of 23163. The S&P 500 edged up 1 points or less than 0.1% to a new record of 2562. In contrast, the Nasdaq retreated 19 points or 0.3% to 6605.2017-10-19T20:11:29"
Philadelphia Manufacturing Growth at 5-Month High,Philadelphia Fed Manufacturing Index,"Philadelphia Manufacturing Growth at 5-Month HighUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US rose by 4.1 points from the previous month to 27.9 in October 2017, beating market expectations of 22. It was the highest reading since May, as the employment index increased by 24 points to 30.6. Meanwhile, the new orders index fell by 9.9 points to 19.6, and the shipments index declined by 13.4 points to 24.4. Both the unfilled orders and delivery times indexes were positive for the 12th consecutive month, suggesting longer delivery times and an increase in unfilled orders. The indexes assessing the six-month outlook suggest that firms remained optimistic about future growth.2017-10-19T12:38:05"
US Jobless Claims Lowest Since 1973,Initial Jobless Claims,"US Jobless Claims Lowest Since 1973United States Initial Jobless ClaimsInitial Jobless Claims in the US decreased by 22K to 222K in the week ending October 14th. This is the lowest level for initial claims since March 31, 1973 as workers affected by hurricanes Irma and Harvey continued to return to their jobs and Columbus Day holiday disrupted the fillings. Economists had expected jobless claims to go down to 240 thousand. 2017-10-19T12:32:14"
US Stocks Close Up as Earnings Boost Sentiment,Stock Market,"US Stocks Close Up as Earnings Boost SentimentUnited States Stock MarketWall Street closed mostly in the green on Wednesday October 18th of 2017, after better-than-expected quarterly results from IBM, Abbott Laboratories and Northern Trust Corp boosted sentiment. The Dow Jones gained 160 points or 0.7% to a fresh high of 23158. The S&P 500 edged up 2 points or 0.1% to a new record of 2561. The Nasdaq inched up 1 points or less than 0.1% to tie a high at 6624. 2017-10-18T20:09:09"
US Crude Oil Stocks Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 5.731 million barrels in the week ended October 13th, 2017, following a 2.747 million decline in the previous period and compared with market expectations of a 4.242 million drop. Meanwhile, gasoline inventories went up by 0.908 million, following a jump of 2.490 million in the previous week, above market expectations of a 0.256 million increase.2017-10-18T14:34:10.933"
"Dow Jones Climbs Over 23,100",stock market,"Dow Jones Climbs Over 23,100United States stock marketThe Dow Jones rose above 23,100 for the first time following the opening bell on Wednesday, after better-than-expected quarterly results from IBM boosted sentiment.2017-10-18T13:30:04"
US Building Permits Fall More Than Expected in September,Building Permits,"US Building Permits Fall More Than Expected in SeptemberUnited States Building PermitsBuilding permits in the United States decreased by 4.5 percent from the previous month to a seasonally adjusted annualized rate of 1,215 thousand in September 2017 from 1,272 thousand in August and worse than market expectations of a 2.9 percent decline. The volatile multi-family segment authorizations fell 16.1 percent to 360 thousand while single-family permits rose 2.4 percent to 819 thousand. Among regions, building permits decreased in the South (-5.6 percent) and in the West (-9.2 percent).2017-10-18T12:37:49"
US Housing Starts Fall to 1-Year Low,Housing Starts,"US Housing Starts Fall to 1-Year LowUnited States Housing StartsHousing starts in the United States fell sharply by 4.7 percent from the previous month to a seasonally adjusted annualized rate of 1,127 thousand in September 2017 from an upwardly revised 1,183 thousand in August, compared with market expectations of a 0.5 percent decline to 1,180 thousand. It was the lowest level since September 2016, as the construction of single-family homes in the South was affected by Hurricanes Harvey and Irma.2017-10-18T12:34:04"
US Mortgage Applications Rise for 1st Time in Over a Month,Mortgage Applications,"US Mortgage Applications Rise for 1st Time in Over a MonthUnited States Mortgage ApplicationsMortgage applications in the United States rose 3.6 percent in the week ending October 13th 2017, after decreasing 2.1 percent in the previous period, data from the Mortgage Bankers Association showed. It was the first increase in mortgage applications since the week ending September 8th, as refinance applications advanced 3 percent and applications to purchase a home jumped 4.2 percent. The average fixed 30-year mortgage rate fell by 2bps to 4.14 percent.2017-10-18T11:08:36.837"
US Stocks End Mostly Up on Earnings,Stock Market,"US Stocks End Mostly Up on EarningsUnited States Stock MarketWall Street closed mostly in the green on Tuesday October 17th of 2017, as UnitedHealth Group and Johnson & Johnson beat estimates and US homebuilders’ confidence rebounded to a five-month high. The Dow Jones gained 40 points or 0.2% to a new record of 22997. The S&P 500 edged up 1 points or 0.1% to fresh high of 2559. In contrast, the Nasdaq stayed flat at 6624. 2017-10-17T20:08:22"
Foreigners Buy $125 Billion of US Assets in August,Capital Flows,"Foreigners Buy $125 Billion of US Assets in AugustUnited States Capital FlowsOverseas investors bought USD 125 billion of US assets, including short-dated instruments in August 2017 after selling USD 7.3 billion in July. Meanwhile, foreigners bought USD 67.2 billion of long-term US securities, including government and corporate, after buying USD 1.2 billion in the previous month. Foreign investors bought USD 11.5 billion of US treasuries, after selling USD 0.5 billion in July.2017-10-17T20:07:34.627"
US Home Builder Confidence Stronger than Expected,Nahb Housing Market Index,"US Home Builder Confidence Stronger than ExpectedUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States rose four points to 68 in October 2017, beating market expectations of 64. It was the highest reading since May, as sentiment among home builders recovered from the initial shock of the hurricanes. The component gauging current sales conditions rose five points to 75; the index charting sales expectations in the next six months increased five points to 78; and the component measuring buyer traffic ticked up a single point to 48.2017-10-17T14:07:55"
Dow Jones Hits All-Time High on Earnings,stock market,"Dow Jones Hits All-Time High on EarningsUnited States stock marketThe Dow Jones hit an all-time high of 22,997 right after the market opened on Tuesday, boosted by stronger-than-expected earnings reports from UnitedHealth Group and Johnson & Johnson.2017-10-17T13:32:24"
US Industrial Production Rebounds in September,Industrial Production Mom,"US Industrial Production Rebounds in SeptemberUnited States Industrial Production MomUS industrial production increased by 0.3 percent month-over-month in September 2017, as widely expected, following a downwardly revised 0.7 percent drop in August. Output rebounded for manufacturing, utilities and mining, as the effects of Hurricanes Harvey and Irma began to fade.2017-10-17T13:18:33"
US Export Prices Climb More than Expected,Export Prices MoM,"US Export Prices Climb More than ExpectedUnited States Export Prices MoMPrices for US exports increased 0.8 percent month-over-month in September of 2017, beating market expectations of 0.5 percent and following an upwardly revised 0.7 percent gain in August. It was the largest monthly rise in export prices since June 2016. Prices of nonagricultural products advanced 1 percent, the sharpest gain since May last year, compared to 0.8 percent in August, led by a 3.1 percent surge in cost of nonagricultural industrial supplies and materials. Meanwhile, the price index for agricultural exports went down 0.7 percent, after increasing 0.1 percent in the previous month. Year-on-year, export prices grew 2.9 percent.2017-10-17T12:37:24"
US Import Prices Rise the Most in Over a Year,Import Prices MoM,"US Import Prices Rise the Most in Over a YearUnited States Import Prices MoMPrices for US imports increased 0.7 percent month-over-month in September 2017, following a 0.6 percent gain in August and beating market expectations of 0.5 percent. It was the largest monthly rise in import prices since June 2016. Fuel prices increased 3.9 percent in September, after rising 4.4 percent in August, driven by a 4.5 percent gain in petroleum prices which more than offset a 7.8 percent drop in natural gas prices. The price index for nonfuel imports advanced 0.3 percent in September, the same pace as in August, mainly due to rising prices of food (1.8 percent) and industrial supplies and materials (1.4 percent). Year-on-year, import prices increased 2.7 percent.2017-10-17T12:36:32"
US Stocks Hit Fresh Records on Monday,Stock Market,"US Stocks Hit Fresh Records on MondayUnited States Stock MarketWall Street closed modestly in the green on Monday October 16th of 2017, as crude oil prices advanced 1% during the session on Iraq turmoil and copper hit a 3-year high on stronger Chinese growth prospects. All three major indices notched new highs. The Dow Jones climbed 85 points or 0.4% to 22957. The S&P 500 edged up 4 points or 0.2% to 2558. The Nasdaq gained 18 points or 0.3% to 6624.2017-10-16T20:09:09"
Dow Jones Hits New All-Time High,stock market,"Dow Jones Hits New All-Time HighUnited States stock marketThe Dow Jones hit an all-time high of 22,919 right after the market opened on Monday, boosted by a rally in energy stocks.2017-10-16T13:30:03"
NY Empire State Manufacturing Index Hits 3-Year High,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index Hits 3-Year HighUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States rose to 30.2 in October 2017 from 24.4 in the previous month, and way above market expectations of 20.7. It was the highest level since September 2014, as the shipments index climbed 11.3 points to 27.5, and the employment index rose 5 points to 15.6. Meanwhile, the new orders index dropped 6.9 points to 18; the unfilled orders index moved down 6.6 points to 2.3; the delivery time index declined 11.5 points to 3.1, a level indicating slightly longer delivery times; and the inventories index fell 14.3 points to -7.8, a sign that inventory levels declined modestly.2017-10-16T12:39:46.197"
US Stocks Edge Up on Friday to Book Weekly Gain,Stock Market,"US Stocks Edge Up on Friday to Book Weekly GainUnited States Stock MarketWall Street closed modestly in the green on Friday October 13th of 2017, as the inflation debate heated on new data. US consumer prices increased 2.2% yoy in September, missing expectations of 2.3% and following a 1.9% gain in August. It was the highest inflation rate since April as hurricanes boosted gasoline prices. Excluding food and energy, inflation stood at 2-year low of 1.7%. The Dow Jones hit an intra-day record, but closed 1 point shy of a fresh high, edging up 31 points or 0.1% to 22872. The S&P 500 inched up 3 points or 0.1% to 2554. The Nasdaq gained 14 points or 0.2% to a new record of 6606. During the week, all major indices notched weekly gains, with the Dow Jones advancing 0.4%; the S&P 500 0.2%; and the Nasdaq 0.2%.  2017-10-13T20:09:46.513"
US Business Inventories Rise the Most in 9 Months,Business Inventories,"US Business Inventories Rise the Most in 9 MonthsUnited States Business InventoriesManufacturers’ and trade inventories in the United States went up 0.7 percent month-over-month in August of 2017, in line with market expectations and after an upwardly revised 0.3 percent increase in July. It is the largest gain in business inventories since November last year. Inventories rose at manufacturers (0.4 percent, the same as in July); retailers (0.7 percent from a flat reading in July) and wholesalers (0.9 percent from 0.6 percent).2017-10-13T14:08:01"
US Consumer Sentiment Jumps to Near 14-Year High,Consumer Confidence,"US Consumer Sentiment Jumps to Near 14-Year HighUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States rose to 101.1 in October 2017 from 95.1 in September, way above market expectations of 95. It was the strongest number since January 2004 as the current conditions index rose to 116.4 from 111.7 in September and the gauge of consumer expectations increased to 91.3 from 84.4.2017-10-13T14:02:57"
Dow Jones Hits New Record High,stock market,"Dow Jones Hits New Record HighUnited States stock marketThe Dow Jones hit an all-time high of 22,888 right after the opening, after weaker-than-expected data on consumer inflation and retail sales for September strengthened the argument that the Fed should avoid hiking rates at its December meeting. 2017-10-13T13:30:16"
US Inflation Rate Rises to 5-Month High on Energy Prices,Inflation Rate,"US Inflation Rate Rises to 5-Month High on Energy PricesUnited States Inflation RateUS consumer prices increased 2.2 percent year-on-year in September 2017, missing market expectations of 2.3 percent and following a 1.9 percent gain in the previous month. Still it was the highest inflation rate since April, as hurricane-related production disruptions at oil refineries in the Gulf Coast area boosted energy prices. On a monthly basis, consumer prices rose 0.5 percent, the most since January. 2017-10-13T12:35:01"
US Retail Sales Rise The Most Since 2015,Retail Sales MoM,"US Retail Sales Rise The Most Since 2015United States Retail Sales MoMRetail sales in the US rose 1.6% month-over-month in September of 2017, slightly below market expectations of a 1.7% but following a revised 0.1% fall in August. It is the biggest gain since March 2015 as motor vehicles sales recovered after hurricanes and higher prices boosted receipts at gasoline stations
2017-10-13T12:33:52"
US Crude Oil Stocks Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 2.747 million barrels in the week ended October 6th, 2017, following a 6.023 million decline in the previous period and compared with market expectations of a 1.991 million drop. Gasoline inventories went up unexpectedly by 2.490 million, the biggest gain since the first week of August.2017-10-12T15:02:57.933"
US Producer Prices Post Biggest Gain Since April,Producer Price Inflation MoM,"US Producer Prices Post Biggest Gain Since AprilUnited States Producer Price Inflation MoMProducer prices for final demand in the United States advanced 0.4 percent month-over-month in September 2017, in line with market consensus and following a 0.2 percent gain in August. Cost of goods grew the most since January (0.7 percent from 0.5 percent in August), boosted by a 3.4 percent jump in energy prices, as result of reduced refining capacity in the Gulf Coast area due to Hurricane Harvey. Also, services producer inflation hit a five-month high (0.4 percent from 0.1 percent in August). Excluding food and energy, prices rose 0.4 percent, beating a forecast of 0.2 percent and compared with a 0.1 percent advance in August. Year-on-year, producer prices rose 2.6 percent (2.4 percent in August) while the core index went up 2.2 percent (2 percent in August).2017-10-12T12:34:42"
US Jobless Claims Lowest in 6 Weeks,Initial Jobless Claims,"US Jobless Claims Lowest in 6 WeeksUnited States Initial Jobless ClaimsInitial Jobless Claims in the United States decreased by 15 thousand to 243 thousand in the week ending October 7th returning to levels seen before hurricanes Harvey and Irma affected Texas, Florida and Georgia. Economists had expected jobless claims to go down to 251 thousand. Meanwhile, continuing claims dropped by 32 thousand to 1.89 Million in week ended September 30, the lowest since December 1973.2017-10-12T12:33:33"
Dollar Weakens Further After Fed Minutes,Currency,"Dollar Weakens Further After Fed MinutesUnited States CurrencyThe dollar index continued to decline on Thursday, falling 0.3% to a near two-week low of 93.06 around 9:15 AM London time, after minutes from the Fed's September meeting showed a more guarded view towards inflation.2017-10-12T08:27:41"
US Stocks Hit Fresh Highs as Minutes Show Divided Fed,Stock Market,"US Stocks Hit Fresh Highs as Minutes Show Divided FedUnited States Stock MarketWall Street closed modestly in the green on Wednesday October 11th of 2017 and major indices booked new highs, as minutes from the last FOMC meeting showed that several Fed policymakers thought that another increase in the target range later this year was likely to be warranted, despite a detailed debate about the risk of stubbornly low inflation not being transitory. The Dow Jones gained 42 points or 0.2% to 22873. The S&P 500 edged up 5 points or 0.2% to 2555. The Nasdaq advanced 16 points or 0.3% to 6604.2017-10-11T20:00:44"
December Rate Rise on the Table Despite Weak Inflation: Minutes,Interest Rate,"December Rate Rise on the Table Despite Weak Inflation: MinutesUnited States Interest RateSeveral Fed policymakers thought that another increase in the target range later this year was likely to be warranted if the medium-term outlook remained broadly unchanged, despite worries about the risk of stubbornly low inflation, minutes from last FOMC meeting showed.2017-10-11T19:00:00.347"
US August Job Openings Below Expectations,Job Offers,"US August Job Openings Below ExpectationsUnited States Job OffersThe number of job openings in the United States fell to 6.082 million in August 2017 from a downwardly revised 6.140 million in July and below market expectations of 6.125 million. The largest decreases in job openings were recorded in other services (-95,000), educational services (-51,000), and nondurable goods manufacturing (-48,000). By contrast, job openings rose in health care and social assistance (71,000) and in durable goods manufacturing (31,000).2017-10-11T14:03:56"
US Mortgage Applications Fall for 4th Straight Week,Mortgage Applications,"US Mortgage Applications Fall for 4th Straight WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 2.1 percent in the week ending October 6th 2017, after decreasing 0.4 percent in the previous period, data from the Mortgage Bankers Association showed. It was the fourth consecutive month of decline, as refinance applications dropped 4.2 percent and applications to purchase a home edged down 0.1 percent. The average fixed 30-year mortgage rate rose by 4bps to 4.16 percent.2017-10-11T11:02:58.493"
US IBD/TIPP Economic Optimism Index Falls in October,Economic Optimism Index,"US IBD/TIPP Economic Optimism Index Falls in OctoberUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States fell 5.8 percent from the previous month to 50.3 in October 2017, below market expectations of 54.2. The gauge of the six-month economic outlook declined 4.7 percent to 48.7; and the personal financial outlook index dropped 4 percent to 59.5. Also, the measure of confidence in federal economic policies decreased 9.1 percent to 42.8.2017-10-10T14:11:44.96"
Dow Jones Hits All-Time High,stock market,"Dow Jones Hits All-Time HighUnited States stock marketThe Dow Jones increased to an all-time high of 22,819 right after the market opened on Tuesday boosted by a rally in energy stocks. Also, the S&P 500 gained 0.4% to a record 2,555, and the Nasdaq Composite rose 0.3% to 6,603.2017-10-10T13:30:15"
Optimism Among US Small Businesses at 10-Month Low,NFIB Business Optimism Index,"Optimism Among US Small Businesses at 10-Month LowUnited States NFIB Business Optimism IndexThe NFIB's Index of Small Business Optimism in the US fell to 103 in September 2017 from a six-month high of 105.3 in August, and below market expectations of 105.1. It was the lowest reading since November last year. The number of small business owners who expected better sales plunged a net 12 points last month and those who think that it’s a good time to expand dropped a net 10 points. Also, expected better business conditions (-6) and capital expenditure plans (-5) retreated in September. Still, the index remained high by historical standards.2017-10-10T10:11:19"
US Consumer Credit Rises Less than Expected,Consumer Credit,"US Consumer Credit Rises Less than ExpectedUnited States Consumer CreditConsumer credit in the United States rose by USD 13.06 billion in August of 2017, following a downwardly revised USD 17.72 billion gain in July and below market expectations of USD 16 billion. Revolving credit increased by USD 5.76 billion after rising by USD 2.06 billion in the previous month. Non-revolving credit went up by USD 7.31 billion, compared with a USD 15.65 billion gain in July.2017-10-06T19:03:59.897"
US Wholesale Inventories Rise Less Than Estimated,Wholesale Inventories,"US Wholesale Inventories Rise Less Than Estimated United States Wholesale InventoriesWholesale inventories in the US rose 0.9 percent month-over-month to USD 608.1 billion in August of 2017, slightly below a preliminary estimate of a 1 percent increase. Still, it is the strongest gain in wholesale inventories since November of 2016 as stocks rebounded for professional (0.4 percent compared to -0.2 percent) and computer equipment (1.9 percent compared to -0.3 percent) and rose faster for autos (2.2 percent compared to 0.4 percent in August) and nondurables (1.2 percent compared to a flat reading). On the other hand, inventories of machinery grew the same(1.2 percent) and petroleum ones rose less (1.7 percent compared to 2 percent). Year-on-year, inventories went up 4.5 percent.2017-10-06T14:08:49"
Wage Growth in US Gains Momentum,Average Hourly Earnings,Wage Growth in US Gains MomentumUnited States Average Hourly EarningsAverage Hourly Earnings in the United States increased 0.50 percent month over month in September of 2017 compared to 0.2 percent gain in August. Trough the year earnings rose 2.9 percent up from 2.7 percent in the previous month. It is the biggest gain since December as job losses occurred in lower paid jobs.2017-10-06T13:37:03.027
Dollar Index Hits 10-week High,currency,Dollar Index Hits 10-week HighUnited States currencyUS Dollar increased to a 10-week high of 94.172017-10-06T12:34:55.993
"US Economy Sheds 33K Jobs, 1st Fall Since 2010",Non Farm Payrolls,"US Economy Sheds 33K Jobs, 1st Fall Since 2010United States Non Farm PayrollsNon farm payrolls in the United States fell by 33 thousand in September of 2017, following an upwardly revised 169 thousand rise in August and well below market expectations of a 90 thousand gain. It is the first drop in payrolls since September of 2010 as a steep employment decline in food services and drinking places and below-trend growth in some other industries likely reflected the impact of Hurricanes Irma and Harvey. In contrast, employment rose in health care and in transportation and warehousing. 2017-10-06T12:32:39"
US Unemployment Rate Lowest in Over 16 Years,Unemployment Rate,"US Unemployment Rate Lowest in Over 16 YearsUnited States Unemployment RateUS unemployment rate unexpectedly fell to 4.2 percent in September 2017 from 4.4 percent in the previous month and below market consensus of 4.4 percent. It was the lowest jobless rate since February 2001, as the number of unemployed persons declined by 331 thousand to 6.8 million. Meanwhile, the labor force participation rate rose by 0.2 percentage points to 63.1 percent, its highest level since March 2014. 2017-10-06T12:31:38"
US Stocks Hit Record High,Stock Market,"US Stocks Hit Record HighUnited States Stock MarketThe 3 main stock indexes in the US closed at fresh record highs on Thursday. Financials and tech shares led the gains as investors remain optimistic about the tax reform. The Dow Jones gained 0.5% or 114 points to 22775; the S&P 500 added 0.6% or 14 points to 2552, posting an 8-day winning streak and the Nasdaq closed 0.8% or 51 points higher at 6585. 2017-10-05T20:21:09.543"
US Factory Orders Rise More than Expected in August,Factory Orders,"US Factory Orders Rise More than Expected in AugustUnited States Factory OrdersNew orders for US manufactured goods rose 1.2 percent month-over-month in August 2017, following a 3.3 percent drop in July and beating market expectations of a 1 percent gain. Orders for transportation equipment advanced 5.1 percent, boosted by a 44.8 percent surge in civilian aircraft orders, and those for motor vehicles rose 0.7 percent. Also, orders for machinery gained 0.3 percent. Orders for non-defense capital goods excluding aircraft, seen as a measure of business spending plans, jumped 1.1 percent in August after a 0.9 percent increase last month.2017-10-05T14:06:29.577"
US Imports Fall 0.1% in August,Imports,"US Imports Fall 0.1% in AugustUnited States ImportsImports of goods and services to the US dipped 0.1 percent from the previous month to USD 237.7 billion in August 2017, due to lower purchases of industrial supplies and materials (down USD 0.5 billion), particularly finished metal shapes (down USD 0.2 billion), and copper (down USD 0.2 billion); and capital goods (down USD 0.5 billion). On a non-seasonally adjusted basis, imports of goods increased from Canada (9.1 percent), Japan (4 percent), China (5.1 percent), Mexico (9.7 percent) and the EU (2.5 percent). 2017-10-05T12:40:32"
US Exports Rise 0.4% to 2-1/2-Year High,Exports,"US Exports Rise 0.4% to 2-1/2-Year HighUnited States ExportsExports of goods and services from the US increased by 0.4 percent month-over-month to USD 195.3 billion in August 2017. It was the highest level in exports since December 2014, as goods exports increased USD 0.6 billion to a near two-year high of USD 129.2 billion. Sales rose for consumer goods (up USD 1.0 billion), of which pharmaceutical preparations (up USD 0.6 billion); and capital goods (up USD 0.4 billion), of which telecommunications equipment (up USD 0.4 billion). On a non-seasonally adjusted basis, exports of goods rose to China (8.7 percent), Mexico (5.7 percent), Canada (12.5 percent) and the EU (9.1 percent), while sales to Japan dropped 5.5 percent.2017-10-05T12:38:08"
US Jobless Claims Fall to 260K,Initial Jobless Claims,"US Jobless Claims Fall to 260KUnited States Initial Jobless ClaimsInitial Jobless Claims in the United States decreased by 12 thousand to 260 thousand in the week ending September 30th. Economists had expected jobless claims to go down to 265 thousand. Still, the claims remained above 260K for the fifth consecutive week as Hurricanes Irma, Harvey and Maria had disrupted the labor market in Florida, Georgia, Texas, Puerto Rico and Virgin islands.2017-10-05T12:34:47"
US August Trade Gap Lowest in 11 Months,Balance of Trade,"US August Trade Gap Lowest in 11 MonthsUnited States Balance of TradeThe trade deficit in the United States narrowed to USD 42.4 billion in August 2017 from a revised USD 43.6 billion in July and compared with market expectations of a USD 42.7 billion gap. It was the smallest trade deficit since September, as exports grew 0.4 percent to the highest level in more than 2-1/2 years while imports fell 0.1 percent.2017-10-05T12:34:11"
US Job Cuts Drop 4.4% in September,Challenger Job Cuts,"US Job Cuts Drop 4.4% in SeptemberUnited States Challenger Job CutsJob cuts announced by US-based employers fell 4.4 percent to 32,346 in September 2017 from a four-month high of 33,825 in August. Pharmaceutical cut the most jobs (4,251), followed by services (3,916), retail (3,461), construction (3,183), and food (3,009). In the third quarter, job cuts declined 6.2 percent to 94,478 from 100,799 in the previous three-month period. So far this year, employers in the US have announced 321,478 job cuts, 26.2 percent lower than the 435,612 cuts recorded through September last year.2017-10-05T11:38:43"
US Crude Oil Inventories Fall Much More than Anticipated,Crude Oil Stocks Change,"US Crude Oil Inventories Fall Much More than AnticipatedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 6.023 million barrels in the week ended September 29th, 2017, following a 1.846 million decline in the previous period. It is the biggest drop in eight weeks and much worse than market expectations of a 0.756 million fall. Gasoline inventories went up by 1.644 million, the biggest gain since the first week of August.2017-10-04T14:35:15.473"
US ISM Non Manufacturing PMI Highest Since 2005,Non Manufacturing PMI,"US ISM Non Manufacturing PMI Highest Since 2005United States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States jumped to 59.8 in September of 2017 from 55.3 in August, beating market expectations of 55.5. It is the highest reading since August of 2005, mainly boosted by a rise in production and new orders, despite the impact on the supply chain from the hurricanes.2017-10-04T14:08:43"
US Composite PMI Falls Less than Expected: Markit,Composite Pmi,"US Composite PMI Falls Less than Expected: MarkitUnited States Composite PmiThe IHS Markit US Services PMI was revised slightly higher to 54.8 in September of 2017 from a preliminary reading of 54.6 and compared to 55.3 in August. Both manufacturing (53.1 from 52.8) and services (55.3 from 56) slowed. Despite easing since August, the average reading for the third quarter signaled the fastest overall quarterly growth in private sector activity so far this year. 2017-10-04T14:01:59.88"
US Services PMI Revised Slightly Higher: Markit,Services PMI,"US Services PMI Revised Slightly Higher: MarkitUnited States Services PMIThe IHS Markit US Services PMI was revised slightly higher to 55.3 in September of 2017 from a preliminary reading of 55.1 and compared to 56 in August. New business growth eased from August’s 25-month high but remained robust amid new product development and high client demand. Job creation eased to a three-month low and price pressures intensified as the hurricanes pushed cost of energy, fuel and raw materials up. Business optimism was the lowest in seven months with positive sentiment linked to new business growth although uncertainty surrounding future economic conditions weighed. 2017-10-04T13:57:14.39"
US Private Sector Adds Least Jobs in 11 Months: ADP,ADP Employment Change,"US Private Sector Adds Least Jobs in 11 Months: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 135 thousand workers in September of 2017, the lowest in 11 months but above market expectations of 125 thousand. The service-providing sector added 88 thousand jobs, boosted by professional and business (51 thousand); education and health (29 thousand); leisure and hospitality (20 thousand); other services (13 thousand) and financial activities (4 thousand). On the other hand, job losses were seen in the trade, transportation and utilities sector (-18 thousand) and information (-11 thousand). The goods-producing sector added 48 thousand jobs due to construction (29 thousand), manufacturing (18 thousand) and natural resources and mining (1 thousand). Large companies were the ones hiring the highest number of workers (79 thousand), followed by midsized (63 thousand) while small firms shed 7 thousand payrolls. July's data was revised down to 228 thousand from an initial estimate of 237 thousand. 2017-10-04T12:26:28"
US Mortgage Applications Fall for 3rd Week,Mortgage Applications,"US Mortgage Applications Fall for 3rd WeekUnited States Mortgage ApplicationsMortgage applications in the United States declined 0.4 percent in the week ending September 29th 2017, after falling 0.5 percent in the previous period, data from the Mortgage Bankers Association showed. Refinance applications dropped 1.8 percent while applications to purchase a home rose 1 percent. The average fixed 30-year mortgage rate edged up by 1bps to 4.12 percent. 2017-10-04T11:03:28"
US Stocks Edge Up to Fresh Records,Stock Market,"US Stocks Edge Up to Fresh RecordsUnited States Stock MarketWall Street closed modestly in the green on Tuesday October 3rd of 2017, as car sales surprised positively in September and nudged auto and industrial shares. US total vehicle sales surged to 18.57 million in September, up from 16.14 million in August and 17.72 in September of 2016. All three major indices booked new highs. The Dow Jones closed up 84 points or 0.4% to 22642. The S&P 500 edged up 6 points or 0.2% to 2535. The Nasdaq gained 15 points or 0.2% to 6532. 2017-10-03T20:17:01"
US ISM NY Index at 4-Month Low in September,Ism New York Index,"US ISM NY Index at 4-Month Low in SeptemberUnited States Ism New York IndexThe ISM New York Current Business Conditions in the United States fell to 49.7 in September of 2017 from 56.6 in August. It is the lowest reading in four months as declines were seen in employment (48.3 from 56.4); quantity of purchases (48.1 from 51.6) and expected revenues (52 from 68.8) while price pressures increased (52.3 from 50). On the other hand, current revenues went up (50 from 48.4). The six-month outlook also went down to 58.4 from 60.5.2017-10-03T15:39:34.287"
US Stocks Close Higher as Manufacturing Surges,Stock Market,"US Stocks Close Higher as Manufacturing SurgesUnited States Stock MarketWall Street closed modestly in the green on Monday October 2nd of 2017, as the ISM Manufacturing PMI in the US rose to 60.8 in September from 58.8 in August, beating expectations of 58. It is the highest reading since May 2004, boosted by a rise in new orders, production and employment. All three major indices hit fresh records. The Dow Jones gained 153 points or 0.7% to 22558. The S&P 500 advanced 10 points or 0.3% to 2529. The Nasdaq climbed 21 points or 0.3% to 6517.2017-10-02T20:05:20"
US Construction Spending Rises More than Expected,Construction Spending,"US Construction Spending Rises More than Expected United States Construction SpendingConstruction spending in the US rose 0.5 percent month-on-month to USD 1.22 trillion in August 2017, following an upwardly revised 1.2 percent drop in July and beating market expectations of a 0.4 percent gain. Investment in public projects rebounded 0.7 percent after slumping 3.3 percent in July, as outlays on educational projects grew 3.5 percent while highways construction spending fell 1.3 percent. Also, private construction spending rose 0.4 percent, recovering from a 0.5 percent drop in July, as spending on private nonresidential structures went up 0.5 percent and outlays on residential buildings increased 0.4 percent.2017-10-02T14:09:25"
US ISM Manufacturing PMI Highest Since 2004,Business Confidence,"US ISM Manufacturing PMI Highest Since 2004United States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US rose to 60.8 in September of 2017 from 58.8 in August, beating market expectations of 58. It is the highest reading since May of 2004, boosted by a rise in new orders, production and employment. 
2017-10-02T14:08:53.33"
US September Manufacturing PMI Revised Up to 53.1,Manufacturing PMI,"US September Manufacturing PMI Revised Up to 53.1United States Manufacturing PMIThe seasonally adjusted IHS Markit final US Manufacturing PMI came in at 53.1 in September 2017, up slightly on the flash reading of 53 and compared with 52.8 in August. Employment expanded at the fastest pace since December 2016 and production continued to rise while new order growth softened.2017-10-02T13:50:26.967"
US Stocks Edge Higher on Friday to Book Weekly Gain,Stock Market,"US Stocks Edge Higher on Friday to Book Weekly GainUnited States Stock MarketWall Street closed modestly in the green to all-time highs for the S&P 500 and Nasdaq on Friday September 29th of 2017, as investors clinched to quarterly gains and continue to assess the impact of fiscal stimuli on monetary policy. Financial shares led gains on Friday, as deregulation speculation increased. The Dow Jones gained 24 points or 0.1% to 22405. The S&P 500 advanced 8 points or 0.3% to a new record of 2518. The Nasdaq jumped 43 points or 0.7% to a new high of 6496. During the week, all major indices closed higher, with the Dow Jones climbing 0.2%; the S&P 500 0.6%; and the Nasdaq 1.1%. 2017-09-29T20:12:31"
US Consumer Sentiment Revised Down in September,Consumer Confidence,US Consumer Sentiment Revised Down in September United States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States fell to 95.1 in September of 2017 from 96.8 in August. It was also lower than a preliminary reading of 95.3. Future expectations and current financial conditions of households declined mainly due to the impact of hurricanes. 2017-09-29T14:22:20.277
Chicago PMI Beats Forecasts in September,Chicago Pmi,"Chicago PMI Beats Forecasts in SeptemberUnited States Chicago PmiThe MNI Chicago Business Barometer increased to 65.2 in September of 2017 from 58.9 in each of the previous two months, beating market expectations of 58.5. It is the highest reading in three months and the second highest in more than three years. Order backlogs went up to a 29-year high; output and new orders rose for the second consecutive month and adverse weather conditions also led some companies to stockpile goods as a precautionary measure. In addition, employment rose for the first time in four months although companies continued to cite difficulty in finding skilled workers. September’s survey result left the Q3 calendar average of the Barometer at 61.0, virtually unchanged from Q2’s three-year high of 61.1. 2017-09-29T14:06:16.217"
US PCE Price Index Rises Less than Expected,PCE Price Index Monthly Change,"US PCE Price Index Rises Less than ExpectedUnited States PCE Price Index Monthly ChangeThe price index for personal consumption expenditures in the United States rose 0.2 percent month-over-month in August 2017 after an increase of 0.1 percent in July and missing market expectations of 0.3 percent. Cost of goods rose 0.3 percent after growing by 0.1 percent in the previous month, boosted by higher prices of nondurable goods (0.5 percent from 0.3 percent in July), while cost of durable goods continued to fall (-0.1 percent from -0.2 percent). Also, cost of services went up 0.2 percent after increasing by 0.1 percent in July. Year-on-year, the PCE price index rose 1.4 percent, the same pace as in the previous month and also below expectations.2017-09-29T12:40:36"
US Personal Spending Inches Up in August,Personal Spending,"US Personal Spending Inches Up in AugustUnited States Personal SpendingPersonal spending in the US edged up 0.1 percent month-over-month in August of 2017, following a 0.3 percent rise in July and in line with market expectations. Spending on durable goods declined 1.1 percent, reversing a 1.1 percent gain in July, as Hurricane Harvey impacted auto sales and mild temperatures dropped demand for utilities. Personal income increased 0.2 percent, also lower than a 0.3 percent gain in July but in line with forecasts. Hurricane Harvey weighed on the data although the BEA couldn't separately quantify the total impact.
2017-09-29T12:36:13"
US Personal Income Rises 0.2% in August,Personal Income,"US Personal Income Rises 0.2% in AugustUnited States Personal IncomePersonal income in the United States rose 0.2 percent in August 2017, following a downwardly revised 0.3 percent gain in July and in line with market expectations. The growth in personal income was mainly driven by an increase in government social benefits to persons and compensation of employees.2017-09-29T12:33:49"
US Stocks Close Mostly Higher on Thursday,Stock Market,"US Stocks Close Mostly Higher on ThursdayUnited States Stock MarketWall Street closed mostly higher on Thursday September 28th of 2017 with the S&P booking a new record, as markets assessed the implications of President Trump’s new tax plan. Among other economics news, the US economy expanded an annualized 3.1% in Q2, above a second estimate of 3% and beating expectations of 3%. It was the strongest growth rate since Q1 2015. The Dow Jones gained 40 points or 0.2% to 22381. The S&P 500 edged up 3 points or 0.1% to a new high of 2510. In contrast, the Nasdaq closed flattish at 6453. 2017-09-28T20:22:15"
US Wholesale Inventories Post Biggest Gain in 9 Months,Wholesale Inventories,"US Wholesale Inventories Post Biggest Gain in 9 MonthsUnited States Wholesale InventoriesWholesale stocks in the US increased by 1 percent month-over-month to USD 608.4 billion in August 2017, beating market expectations of 0.5 percent and following a 0.6 percent gain in July, an advance estimate showed. It was the biggest gain in wholesale inventories since November last year, as stocks rose for both durable (1 percent compared to 0.9 percent in July) and non-durable goods (1.2 percent compared with a flat reading in July). Year-on-year, inventories went up 4.6 percent.2017-09-28T12:41:24"
US Corporate Profits Rise Less than Estimated in Q2,Corporate Profits,"US Corporate Profits Rise Less than Estimated in Q2United States Corporate ProfitsCorporate profits in the United States increased by USD 1.1 billion, or 0.1 percent, to USD 1,643.8 billion in the second quarter of 2017, way below the preliminary estimate of a 0.8 percent rise and following a 2.6 percent drop in the previous period. Net dividends went up by USD 6.1 billion, or 0.6 percent, to USD 994.2 billion, while the undistributed profits fell by USD 5.0 billion, or 0.8 percent, to USD 649.6 billion. Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, increased by USD 40.8 billion, or 1.8 percent, to USD 2,269.9 billion.2017-09-28T12:36:01.547"
US GDP Growth Revised Higher to 3.1% in Q2,GDP Growth Rate,"US GDP Growth Revised Higher to 3.1% in Q2United States GDP Growth RateThe US economy expanded an annualized 3.1 percent on quarter in the second quarter of 2017, above a second estimate of 3 percent and beating market expectations of 3 percent. It is the strongest growth rate since the first three months of 2015, the final estimate from the BEA showed. Private inventory investment increased more than previously estimated, but the general picture of economic growth remains the same.2017-09-28T12:33:36"
US Jobless Claims Rise to 272K,Initial Jobless Claims,"US Jobless Claims Rise to 272K United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 12 thousand to 272 thousand in the week ended September 23rd, slightly above market expectations of 270 thousand. The previous week's level was revised up by 1 Thousand to 260 Thousand. The 4-week moving average was 277,750, an increase of 9,000 from the previous week's unrevised average of 268,750. This is the highest level for this average since February 6, 2016 when it was 277,750. 
2017-09-28T12:33:15.797"
US 10Y Bond Yield Hits 11-week High,bond,US 10Y Bond Yield Hits 11-week Highunited states bondUnited States 10 Year Government Bond Yield increased to a 11-week high of 2.355%2017-09-28T07:06:01.2
Dollar at Over 1-Month High,currency,"Dollar at Over 1-Month HighUnited States currencyThe dollar index hit a 5-week high of 93.62 around 6:30 AM London time on Thursday after US President Donald Trump unveiled his tax reform plans, including a proposal to slash corporation tax from 35 percent to 20 percent.2017-09-28T05:35:48"
US Stocks Close Higher as New Tax Plan Unveiled,Stock Market,"US Stocks Close Higher as New Tax Plan UnveiledUnited States Stock MarketWall Street closed in the green on Wednesday September 27th of 2017, as President Trump announced his new tax plan, calling it a “once in a generation opportunity” during his speech in Indianapolis. The tax framework aims for corporate cuts; a simpler one-sheet file code; contains $500 credit for elder care; ends the estate tax; and repeals the Alternative Minimum Tax, among other measures. The Dow Jones advanced 56 points or 0.3% to 22341. The S&P 500 gained 10 points or 0.4% to 2507.  The Nasdaq surged 73 points or 1.2% to 6453.2017-09-27T20:07:16"
US Crude Oil Inventories Unexpectedly Drop,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly DropUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.846 million barrels in the week ended September 22nd, 2017, following a 4.591 million rise in the previous period. It is the first decline in crude oil inventories in four weeks, compared to market expectations of a 3.422 million increase. Meanwhile, gasoline stocks increased by 1.107 million following a 2.125 million slump in the previous week. It marks the first decline in four weeks after suppliers drew from tank storage to replace gallons lost from oil refineries flooded and destroyed during Hurricane Harvey. 2017-09-27T14:36:44.03"
US Pending Home Sales Fall 2.6% in August,Pending Home Sales,"US Pending Home Sales Fall 2.6% in AugustUnited States Pending Home SalesContracts to buy previously owned homes in the United States fell 2.6 percent year-on-year to their lowest level in about 1-1/2 years in August 2017, due to low supply levels. Contracts fell in all four regions of the country: the Northeast (-4.1 percent), the Midwest (-3.2 percent), the South (-1.7 percent), and the West (-2.4 percent). Compared to July, pending sales dropped also 2.6 percent after a decline of 1.3 percent in July and worse than market expectations of a 0.5 percent fall. 2017-09-27T14:10:01"
"US Stocks Rise, Investors Await Tax Reform",Stock Market,"US Stocks Rise, Investors Await Tax ReformUnited States Stock MarketWall Street opened higher on Wednesday amid a rising dollar and better-than-expected data for durable goods while investors await President's Trump speech in the afternoon for further details on tax reform. The Dow Jones added 63 points or 0.3% to 22347, the S&P 500 went up 7 points or 0.3% to 2504 and the Nasdaq gained 46 points or 0.7% to 6426 around 25 minutes after the opening bell.2017-09-27T14:04:35.247"
US Durable Goods Orders Rise More than Expected,Durable Goods Orders,"US Durable Goods Orders Rise More than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods rose 1.7 percent month-over-month in August of 2017, following a 6.8 percent slump in July and beating market expectations of a 1 percent gain. Orders for transport equipment went up 4.9 percent, with those for motor vehicles and parts rising 1.5 percent and those for nondefense aircraft and parts jumping 44.8 percent, mainly due to a rise in Boeing aircraft orders. Non-defense capital goods orders excluding aircraft, seen as a proxy for business spending plans increased 0.9 percent, following an upwardly revised 1.1 percent increase in the previous month. 2017-09-27T12:39:13"
US Mortgage Applications Fall for 2nd Week,Mortgage Applications,"US Mortgage Applications Fall for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 0.5 percent in the week ending September 22nd 2017, after slumping 9.7 percent in the previous period, which was the sharpest decline in mortgage applications since July of 2016, data from the Mortgage Bankers Association showed. Refinance applications dropped 3.5 percent while applications to purchase a home rose 2.8 percent. The average fixed 30-year mortgage rate went up by 7bps to 4.11 percent. 2017-09-27T11:06:25.533"
Dollar Index Hits 5-week High,currency,Dollar Index Hits 5-week HighUnited States currencyUS Dollar increased to a 5-week high of 93.452017-09-27T08:24:14.21
Dollar Hits 1-Month High on Yellen Comments,currency,"Dollar Hits 1-Month High on Yellen CommentsUnited States currencyThe dollar index increased to a 4-week high of 93.35 around 8:15 AM London time on Wednesday, after Janet Yellen said that the Fed needs to continue gradual rate hikes despite uncertainty about the path of inflation.2017-09-27T07:08:40"
Fed Should Be Wary of Moving too Gradually,Interest Rate,"Fed Should Be Wary of Moving too GraduallyUnited States Interest RateInflation uncertainty supports gradual hikes in the federal funds rate, Fed Chair Yellen said in a speech at the NABE meeting, suggesting another rate hike this year is still on the table. Chair Yellen also added that the outlook is uncertain and some key assumptions underlying employment and inflation could be wrong. Thus, a revised assessment could lead to an easier policy path.2017-09-26T17:41:21.197"
US Richmond Fed Manufacturing Index Above Expectations,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Above ExpectationsUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia was unchanged rose to a seven-month high of 19 in September 2017, beating market expectations of 13. The improvement was supported by a sharp increase in the index for shipments (+14 points to 22, the highest level since December 2010) and a smaller rise in the index for new orders (+3 points to 20). Meanwhile, the employment index fell 2 points to 15; and the wages index declined 1 point to 17. Manufacturing expectations continued to indicate overall optimism.2017-09-26T14:09:22.373"
US New Home Sales Fall for 2nd Month,New Home Sales,"US New Home Sales Fall for 2nd MonthUnited States New Home SalesSales of new single-family houses in the United States shrank 3.4 percent to a seasonally adjusted annual rate of 560 thousand in August of 2017 from an upwardly revised 580 thousand in July. It is a new low so far this year, well below market expectations of 588 thousand. Sales fell the most in the South, partly due to Hurricanes Harvey and Irma.2017-09-26T14:06:01"
US House Prices Rise 5.8% YoY in July: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise 5.8% YoY in July: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite home price index of 20 metropolitan areas in the US rose 5.8 percent year-on-year in July of 2017, higher than a downwardly revised 5.6 percent increase in June and in line with market expectations. Prices increased the most in Seattle (13.5 percent), Portland (7.6 percent) and Las Vegas (7.4 percent). Meanwhile, the national index, covering all nine US census divisions went up 5.9 percent, following a 5.8 percent gain in the prior month. 2017-09-26T13:10:56.43"
US Stocks Slide Amid Rising North Korea Tensions,Stock Market,"US Stocks Slide Amid Rising North Korea TensionsUnited States Stock MarketWall Street closed moderately in the red on Monday September 25th of 2017 amid losses in the tech sector and rising tensions between the US and North Korea after North Korean Foreign minister described President Trump’s recent comments as a declaration of war. On the other hand, energy shares were on the rise as crude oil prices surpassed $51 per barrel for the first time in 4 months. The Dow Jones lost 56 points or 0.3% to 22293.The S&P 500 retreated 8 points or 0.3% to 2494. The Nasdaq plunged 59 points or 0.9% to 6368.2017-09-25T20:05:57"
US Stocks Slide on Monday,Stock Market,"US Stocks Slide on MondayUnited States Stock MarketWall Street traded in the red on Monday amid losses in the tech sector and rising tensions between the US and North Korea after North Korean Foreign minister described President Trump’s recent comments as a declaration of war. On the other hand, energy shares were on the rise amid higher oil prices. The Dow Jones declined 72 points or 0.3% to 22778, the S&P 500 fell 8 points or 0.3% to 2494 and the Nasdaq lost 62 points or 1% to 6365 around 1:05 PM NY time.2017-09-25T17:13:56.383"
US Dallas Fed Manufacturing Index Rises Unexpectedly,Dallas Fed Manufacturing Index,"US Dallas Fed Manufacturing Index Rises UnexpectedlyUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to 21.3 in September 2017 from 17 in the previous month and way above market expectations of 11.5. The shipments index jumped 9.3 points to 27.4; the new orders index increased 4.3 points to 18.6; and the capacity utilization index rose 3.6 points to 15.8. Also, the employment index went up 6.4 points to 16.3. Meanwhile, the production index dropped 0.8 points to 19.5; and the growth rate of orders index declined 2 points to 9.7. Expectations regarding future business conditions continued to improve, as the indexes of future general business activity and future company outlook remained elevated.2017-09-25T14:40:37"
US Chicago Fed National Activity Index at 1-Year Low,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index at 1-Year LowUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States fell to -0.31 in August of 2017 from an upwardly revised 0.03 in July. It is the lowest reading since August last year. The contribution from production-related indicators to the index went down to -0.36 from 0.03 and the contribution from personal consumption and housing-related indicators remained negative (–0.06, the same as in July). In addition, employment-related indicators contributed less (0.05 from 0.09). On the other hand, a rebound was seen for the sales, orders, and inventories category (+0.06 from -0.04). The index’s three-month moving average decreased to –0.04 in August from a neutral reading in July.2017-09-25T12:40:43.917"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street closed mixed on Friday September 22nd, as North Korea threats scaled up ahead of the weekend and as the IHS Markit US Manufacturing PMI edged up to 53 in September from 52.8 in August, showing that job creation was the strongest so far this year while output growth was steady at August's 14-month low. The Dow Jones edged down 10 points or less than 0.1% to 22350. In contrast, the S&P 500 inched up 3 points or 0.1% to 2503, while the Nasdaq gained 4 points or 0.1% to 6427. During the week, the Dow Jones advanced 0.4% and the S&P 500 0.1%, whereas the Nasdaq declined 0.3%. 2017-09-22T20:16:37"
US Private Sector Growth Slows in September: PMI,Composite Pmi,"US Private Sector Growth Slows in September: PMIUnited States Composite PmiThe IHS Markit US Composite PMI fell to 54.6 in September of 2017 from 55.3 in August, mainly due to a slowdown in the services sector (55.1 from 56) while factory growth edged up (53 from 52.8). New orders rose the least in three months, job creation slowed and cost inflation was the highest since June of 2015. Despite the fall in September, the Composite PMI still remains well above the 50.0 no-change value, signalling strong growth among private businesses. 2017-09-22T14:11:33"
United States Services PMI Falls More than Anticipated,Services PMI,"United States Services PMI Falls More than AnticipatedUnited States Services PMIThe IHS Markit US Services PMI fell to 55.1 in September of 2017 from 56 in August which was the highest reading in 21 months. Figures came below market expectations of 55.9, flash estimates showed. A robust rise in new work led to solid employment growth and another increase in backlogs of work. Also, input price inflation slowed and average prices charged by service sector firms increased at one of the fastest rates seen over the past three years. In addition, service providers were the least optimistic about the business outlook since September 2016, mainly due to renewed concerns about sales growth over the year ahead.2017-09-22T14:04:27.887"
US Factory Growth Edges Up in September: PMI,Manufacturing PMI,"US Factory Growth Edges Up in September: PMIUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI edged up to 53 in September of 2017 from 52.8 in August, matching market expectations but staying below its post-crisis trend of 53.9. Hurricane Harvey impacted the data, with some manufacturers saying it had led to temporary disruptions to production, flash estimates showed. Yet, job creation was the highest so far this year while output growth was steady at August's 14-month low, new orders slowed and input price inflation accelerated. 2017-09-22T13:51:53"
US Stocks Close Lower on Thursday in Fed Aftermath,Stock Market,"US Stocks Close Lower on Thursday in Fed AftermathUnited States Stock MarketWall Street closed moderately in the red on Thursday September 21st of 2017, as investors assessed the impact of the monetary authority’s signal of a rate hike before 2017 ends. Among other economics news, initial jobless claims in the US unexpectedly fell by 23K to 259K in latest week, well below expectations of 300K. The numbers continued to be influenced by Hurricanes as unadjusted claims rose in Florida but declined in Texas. The Dow Jones closed down 53 points or 0.2% to 22359. The S&P 500 lost 7 points or 0.3% to 2501. The Nasdaq retreated 33 points or 0.5% to 6423.2017-09-21T20:09:33"
Stocks in United States Hit All-time High,stock market,Stocks in United States Hit All-time HighUnited States stock marketDow Jones increased to an all-time high of 224142017-09-21T13:45:25.417
US House Prices Rise 0.2% in July: FHFA,FHFA House Price Index MoM,"US House Prices Rise 0.2% in July: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.2 percent month-over-month in July of 2017, following a 0.1 percent rise in June and missing market expectations of 0.4 percent. Year-on-year, prices went up 6.3 percent after rising 6.5 percent in June.2017-09-21T13:17:18.48"
Philadelphia Fed Manufacturing Index Above Estimates,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Above Estimates United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US rose to 23.8 in September of 2017 from 18.9 in August, beating market estimates of 17.2. It is the highest reading in three months, due to improvements in new orders (29.5 from 20.4 in August), shipments (37.8 from 29.4), unfilled orders (17 from 14.5) and inventories (-1.4 from -6.1). On the other hand, a decrease was seen for employment (6.6 from 10.1) and average work week (11.9 from 18.8). Delivery times increased (14.5 from 10.5) and price pressures went up for both prices paid (34.4 from 21.1) and received (22.8 from 13.5). The index of future activity also improved (55.2 from 42.3).2017-09-21T12:51:22"
US Jobless Claims at 3-Week Low,Initial Jobless Claims,"US Jobless Claims at 3-Week LowUnited States Initial Jobless ClaimsInitial jobless claims in the US unexpectedly fell by 23K to 259K in latest week, well below expectations of 300K. The numbers continued to be influenced by Hurricanes as unadjusted claims rose in Florida but declined in Texas. Meanwhile, the 4-week moving average increased by 6K to 268.750K, the highest since June of 2016. 2017-09-21T12:38:00"
US Stocks End Mixed as Fed Leaves Rate Unchanged,Stock Market,"US Stocks End Mixed as Fed Leaves Rate UnchangedUnited States Stock MarketWall Street closed mixed on Wednesday with the Dow and S&P booking new highs, as the Fed left the target range for its federal funds rate unchanged at 1% to 1.25% as widely expected. Policymakers kept forecasts for another rate hike this year and expect a higher GDP growth while core PCE inflation is seen lower. In addition, the central bank said it will begin reducing its $4.5 trillion balance sheet in October. The Dow Jones gained 42 points or 0.2% to 22413. In contrast, the S&P 500 closed flattish, while the Nasdaq edged down 5 points or 0.1% to 6456. 2017-09-20T20:06:09"
Fed Leaves Rates Steady,Interest Rate,"Fed Leaves Rates SteadyUnited States Interest RateThe Federal Reserve left the target range for its federal funds rate unchanged at 1 percent to 1.25 percent during its September 2017 meeting as widely expected. Policymakers kept forecasts for another rate hike this year and expect a higher GDP growth while core PCE inflation is seen lower. In addition, the central bank announced it will begin reducing its $4.5 trillion balance sheet in October. 2017-09-20T18:01:25"
Us Crude Oil Inventories Rise More than Expected,Crude Oil Stocks Change,"Us Crude Oil Inventories Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States jumped by 4.591 million barrels in the week ended September 15th, 2017, following a 5.888 million rise in the previous period which was the biggest gain in six months. It compares with market expectations of a 3.493 million increase. Meanwhile, gasoline stocks dropped by 2.125 million following a record 8.428 million slump in the previous week as suppliers drew from tank storage to replace gallons lost from oil refineries flooded and destroyed during Hurricane Harvey. 2017-09-20T14:50:56.623"
US Existing Home Sales Fall for 3rd Month,Existing Home Sales,"US Existing Home Sales Fall for 3rd MonthUnited States Existing Home SalesSales of previously owned houses in the United States shrank 1.7 percent month-over-month to a seasonally adjusted annual rate of 5.35 million in August of 2017 from 5.44 million in July. It is a new low since August of 2016, compared to market expectations of a 0.3 percent rise. Sales of single family houses dropped 2.1 percent to 4.74 million after falling 0.8 percent in July while those of condos rose 1.7 percent to 0.61 million, following a 4.8 percent decline. The median house price fell to $253,500 from $258,100 and the months' worth of supply was steady at 4.2 percent. In addition, the number of houses available in the market fell to 1.88 million from 1.92 million in July. Sales fell in the West (-4.8 percent) and the South (-5.7 percent) after Hurricane Harvey struck Texas in the last week of August. Excluding Houston, existing home sales were unchanged. 2017-09-20T14:10:22"
US Mortgage Applications Decline the Most Since July 2016,Mortgage Applications,"US Mortgage Applications Decline the Most Since July 2016United States Mortgage ApplicationsMortgage applications in the United States fell 9.7 percent in the week ending September 15th, 2017, after rising 9.9 percent in the previous period. It is the sharpest decline in mortgage applications since July of 2016, data from the Mortgage Bankers Association showed. Applications to purchase a home slumped 10.8 percent and refinance applications dropped 8.5 percent. The average fixed 30-year mortgage rate edged up by 1bps to 4.04 percent. 2017-09-20T11:06:14.513"
US Stocks Close Higher on Tuesday,Stock Market,"US Stocks Close Higher on TuesdayUnited States Stock MarketWall Street closed modestly in the green on Tuesday, with the Dow, S&P and Nasdaq hitting another high as the Federal Reserve two-day monetary policy meeting began. No changes in the interest rate are anticipated although investors expect policymakers to say they will start reducing its $4.5 trillion portfolio. The Dow Jones gained 39 points or 0.2% to. Meanwhile, the S&P 500 edged up 3 points or 0.1% to 2507 and the Nasdaq 7 points or 0.1% to 6461.2017-09-19T20:09:58"
US Stocks Rise on Tuesday,stock market,"US Stocks Rise on TuesdayUnited States stock marketWall Street opened in the green on Tuesday, with the Dow and the S&P hitting another high as the Federal Reserve two-day monetary policy meeting begins. No changes in the interest rate are anticipated although investors expect policymakers to say they will start reducing its $4.5 trillion portfolio. The Dow Jones gained 26 points or 0.1% to 22357 around 9 minutes after the opening bell. Meanwhile the S&P 500 and the Nasdaq were up less than 0.1% to 2504 and 6454 respectively. 2017-09-19T13:30:12"
US Current Account Gap Biggest Since 2008,Current Account,"US Current Account Gap Biggest Since 2008United States Current AccountThe US current account deficit increased to USD 123.1 billion or 2.6 percent of GDP in the second quarter of 2017 from a downwardly USD 113.5 billion in the first quarter or 2.4 percent of GDP. It is the biggest current account gap since the last three months of 2008 as secondary income deficit increased by USD 7.5 billion to USD 33 billion; the primary income surplus decreased USD 2.9 billion to USD 47.2 billion; and goods deficit rose by USD 1.6 billion to USD 64.09 billion.
2017-09-19T12:41:52"
US Import Prices Rise the Most in 7 Months,Import Prices MoM,"US Import Prices Rise the Most in 7 MonthsUnited States Import Prices MoMUS import prices increased 0.6 percent month-over-month in August of 2017, recovering from a downwardly revised 0.1 percent drop in July and above market expectations of 0.4 percent. It was the first gain in import prices since April and the largest since January as cost increased the most for industrial supplies and materials and finished goods and foods, feeds and beverages. Also, prices recovered for both fuel (4.2 percent from -0.6 percent in July) and non-fuel (0.3 percent from -0.1 percent). 
2017-09-19T12:41:04"
US Export Prices Rise the Most in Over a Year,Export Prices MoM,"US Export Prices Rise the Most in Over a YearUnited States Export Prices MoMPrices for US exports increased 0.6 percent month-over-month in August 2017, beating market expectations of 0.2 percent and following an upwardly revised 0.5 percent gain in July. It was the largest monthly rise in export prices since June 2016. Nonagricultural prices advanced 0.7 percent, the sharpest gain since May last year, following a 0.3 percent rise the previous month; and the price index for agricultural exports edged up 0.1 percent, after growing 1.9 percent in July.2017-09-19T12:40:58"
US Housing Starts Fall for 2nd Month,Housing Starts,"US Housing Starts Fall for 2nd MonthUnited States Housing StartsHousing starts in the United States fell 0.8 percent from the previous month to a seasonally adjusted annualized rate of 1180 thousand in August of 2017, following an upwardly revised 1190 thousand in the previous month and compared to market expectations of a 1.7 percent rise. Starts declined in the Northeast and the South. 2017-09-19T12:35:14"
US Building Permits Rise More than Expected in August,Building Permits,"US Building Permits Rise More than Expected in AugustUnited States Building PermitsBuilding permits in the United States increased sharply by 5.7 percent to a seasonally adjusted annualized rate of 1,300 thousand in August 2017 from 1,230 thousand in the previous month and way above market expectations of 1,220 thousand. Authorizations of units in buildings with five units or more jumped 22.8 percent to 464 thousand while single-family permits dropped 1.5 percent to 800 thousand. Among regions, building permits rose in the West (15.3 percent), in the Midwest (8.8 percent) and in the South (3.7 percent).2017-09-19T12:34:40"
US Builder Confidence Falls as Hurricanes Add Uncertainty,Nahb Housing Market Index,"US Builder Confidence Falls as Hurricanes Add UncertaintyUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States dropped to 64 in September 2017 from a downwardly revised 67 in the previous month. The reading came in way below market expectations of 67, as recent hurricanes have raised concerns about the availability of labor and the cost of building materials. All three HMI components posted losses in September but remain at healthy levels: current sales conditions fell 4 points to 70, sales expectations in the next six months dropped 4 points to 74 and buyer traffic slipped 1 point to 47. 2017-09-18T14:06:16"
US Stocks Hit All-Time High Ahead of Fed Meeting,stock market,"US Stocks Hit All-Time High Ahead of Fed MeetingUnited States stock marketThe Dow Jones hit an all-time high of 22,318 a few minutes after the open on Monday as investors are preparing themselves for the start of the Fed's meeting this week. The S&P 500 increased 0.2% to a record of 2,506 and the Nasdaq gained 0.3% to an all-time high of 6,470.2017-09-18T13:30:14"
US Stocks Edge Higher to Book Strong Weekly Gain,Stock Market,"US Stocks Edge Higher to Book Strong Weekly GainUnited States Stock MarketWall Street closed modestly in the green on Friday September 15th of 2017, despite data showing the US industrial production shrank 0.9% mom in August, following an upwardly revised 0.4% gain in July. It was the first drop since January as Hurricane Harvey stopped oil and gas production in Texas. The Dow Jones gained 65 points or 0.3% to a new record of 22268. The S&P 500 edged up 5 points or 0.2% to a new record of 2500. The Nasdaq advanced 19 points or 0.3% to 6448. During the week, all three major indices notched strong weekly gains, with the Dow Jones surging 2.2%; the S&P 500 1.5%; and the Nasdaq 1.4%. 2017-09-15T20:13:33"
US Consumer Sentiment Falls Less Than Expected,Consumer Confidence,"US Consumer Sentiment Falls Less Than ExpectedUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States fell to 95.3 in September of 2017 from 96.8 in August but slightly above market expectations of 95.1. It is the lowest reading in three months, as the two hurricanes raised concerns over the outlook for the national economy, leading to a fall in expectations. 2017-09-15T14:11:17"
US Business Inventories Rise 0.2% in July,Business Inventories,"US Business Inventories Rise 0.2% in JulyUnited States Business InventoriesManufacturers’ and trade inventories in the United States rose by 0.2 percent month-over-month in July 2017, in line with market expectations and after a 0.5 percent increase in June. Inventories went up at manufacturers (0.2 percent from 0.3 percent in July) and wholesalers (0.6 percent, the same as in June). Meanwhile, stocks at retailers dropped 0.1 percent, following an increase of 0.6 percent in the previous month.2017-09-15T14:06:53.833"
US Industrial Output Rises 1.5% YoY in August,Industrial Production,"US Industrial Output Rises 1.5% YoY in AugustUnited States Industrial ProductionIndustrial production in the United States increased by 1.5 percent year-on-year in August 2017, easing from an upwardly revised 2.4 percent growth in the previous month. Manufacturing output rose 1.5 percent, boosted by higher production of chemicals (2.3 percent), food, beverage, and tobacco products (2.8 percent), fabricated metal products (3.3 percent), machinery (4.6 percent), and computer and electronic products (2.9 percent). By contrast, production of motor vehicles and parts shrank 3.6 percent. Also, mining output grew 9.7 percent while utilities output slumped 7.8 percent.2017-09-15T13:34:26"
US Industrial Production Falls for 1st Time Since January,Industrial Production Mom,"US Industrial Production Falls for 1st Time Since JanuaryUnited States Industrial Production MomIndustrial output in the US shrank 0.9 percent month-over-month in August of 2017, following an upwardly revised 0.4 percent gain in July and missing market expectations of a 0.1 percent increase. It is the first drop in industrial output in seven months as Hurricane Harvey, which hit the Gulf Coast of Texas in late August, is estimated to have reduced the rate of change in total output by roughly 3/4 percentage point.2017-09-15T13:24:42"
US Retail Sales Unexpectedly Shrink in August,Retail Sales MoM,"US Retail Sales Unexpectedly Shrink in AugustUnited States Retail Sales MoMRetail sales in the United States fell 0.2 percent month-over-month in August of 2017, missing market expectations of a 0.1 percent rise and following a downwardly revised 0.3 percent gain in July instead of the initially reported 0.6 percent jump. It is the biggest drop in retail sales since February as auto sales declined 1.6 percent, most likely due to Hurricane Harvey. Excluding autos, retail sales increased 0.2 percent. 2017-09-15T12:40:29"
NY Empire State Manufacturing Index Above Expectations,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index Above ExpectationsUnited States NY Empire State Manufacturing IndexThe New York Empire State Manufacturing Index in the United States decreased to 24.4 in September 2017 from a three-year high of 25.2 in the previous month. Still, the reading came in way above market expectations of 19, as the new orders index rose 4.3 points to 24.9 and the shipments index climbed 3.8 points to 16.2. Also, unfilled orders increased (+13.6 points to 8.9), and delivery times continued to lengthen (+9.2 points to 14.6). Labor market indicators pointed to a modest increase in employment (+4.4 points to 10.6). Both input prices and selling prices rose at a faster pace than last month. Indexes assessing the six-month outlook suggested that firms remained optimistic about future conditions.2017-09-15T12:38:38"
US Stocks Close Mixed on Thursday,Stock Market,"US Stocks Close Mixed on ThursdayUnited States Stock MarketWall Street closed mixed on Thursday September 14th of 2017, as oil topped US $50, threats from North Korea renewed, and inflation in the US quickened more than expected. The Dow Jones gained 45 points or 0.2% to a new record of 22203. The S&P 500 edged down 3 points or 0.1% to 2496.The Nasdaq retreated 31 points or 0.5% to 6429.2017-09-14T20:06:47"
US Inflation Rate at 3-Month High of 1.9%,Inflation Rate,"US Inflation Rate at 3-Month High of 1.9%United States Inflation RateConsumer prices in the US increased 1.9 percent year-on-year in August of 2017, above 1.7 percent in July and market expectations of 1.8 percent. It is the highest reading in three months, due to rising gasoline and shelter prices. The monthly rate went up to 0.4 percent, the highest since January and above forecasts of 0.3 percent.2017-09-14T12:34:19"
US Jobless Claims Unexpectedly Drop in Latest Week,Initial Jobless Claims,"US Jobless Claims Unexpectedly Drop in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits unexpectedly fell by 14 thousand to 284 thousand in the week ended September 9th, well below market expectations of 300 thousand. Meanwhile, the 4-week moving average which removes week-to-week volatility increased by 13 thousand to 263.25 thousand, its highest level in over a year.2017-09-14T12:33:37"
US Stocks Edge Up on Wednesday as Oil Climbs,Stock Market,"US Stocks Edge Up on Wednesday as Oil ClimbsUnited States Stock MarketWall Street closed modestly in the green on Wednesday September 13th of 2017, as stocks of gasoline in the United States decreased by 8428 thousand barrels in the week ending September 8 of 2017, the biggest drop on record amid a severe hurricane season. Crude oil gained over 2 percent after the closing bell, nudging all major indices to fresh records. The Dow Jones gained 39 points or 0.2% to 22158.The S&P 500 inched up 1 point or less than 0.1% to 2497. The Nasdaq edged up 6 points or 0.1% to 6460. 2017-09-13T20:07:10"
US August Budget Deficit Smaller than Expected,Government Budget Value,"US August Budget Deficit Smaller than Expected United States Government Budget ValueThe US government posted a USD 108 billion budget deficit in August 2017, compared with a USD 107 billion gap in the same month of the previous year and below market expectations of a USD 119.5 billion deficit. Outlays fell 1 percent year-on-year to USD 334 billion while receipts decreased 2 percent to USD 226 billion.2017-09-13T18:09:21"
US Gasoline Stocks Drop Most on Record,Gasoline Stocks Change,US Gasoline Stocks Drop Most on RecordUnited States Gasoline Stocks ChangeStocks of gasoline in the United States decreased by 8428 thousand barrels in the week ending September 8 of 2017. It is the biggest drop on record as suppliers drew from tank storage to replace gallons lost from oil refineries flooded and destroyed during Hurricane Harvey. 2017-09-13T17:55:23.597
US Crude Oil Inventories Rise the Most Since March,Crude Oil Stocks Change,"US Crude Oil Inventories Rise the Most Since MarchUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States jumped by 5.888 million barrels in the week ended September 8th, 2017, following a 4.58 million rise in the previous period and compared to market expectations of a 3.238 million increase. It is the biggest gain in inventories in six months. Meanwhile, gasoline stocks dropped by 8.428 million, compared to expectations of a 2.05 million fall. It is the biggest drop ever, much worse than market expectations of a 2050 thousand decline.2017-09-13T14:40:04"
US Producer Prices Rise 0.2% on Energy,Producer Price Inflation MoM,"US Producer Prices Rise 0.2% on EnergyUnited States Producer Price Inflation MoMProducer prices for final demand in the United States advanced 0.2 percent month-over-month in August 2017, missing market consensus of 0.3 percent and following a 0.1 percent drop in July. Cost for goods grew 0.5 percent, the most since April, rebounding from a 0.1 percent decline in July, boosted by a 3.3 percent increase in energy prices. Also, prices for services moved up 0.1 percent, recovering from a 0.2 percent decline in July. Excluding food and energy, prices rose 0.1 percent, also below a forecast of 0.2 percent gain and compared with a 0.1 percent fall in July. Year-on-year, producer prices rose 2.4 percent (1.9 percent in July) while the core index went up 2 percent (1.8 percent in July).2017-09-13T12:39:16"
US Mortgage Applications Rise the Most Since July 2016,Mortgage Applications,"US Mortgage Applications Rise the Most Since July 2016United States Mortgage ApplicationsMortgage applications in the United States jumped 9.9 percent in the week ending September 8th, 2017, after rising 3.3 percent in the previous period. It is the biggest gain since July of 2016, data from the Mortgage Bankers Association showed. Applications to purchase a home went up 10.9 percent and refinance applications increased 8.9 percent. The average fixed 30-year mortgage rate fell by 3bps to 4.03 percent, a new low since November. 2017-09-13T11:04:24"
US Job Openings Rise to New Record High in July,Job Offers,"US Job Openings Rise to New Record High in JulyUnited States Job OffersThe number of job openings in the United States increased to an all-time high of 6.170 million in July 2017 from a downwardly revised 6.116 million in June and above market expectations of 5.96 million. The largest increases in job openings were recorded in other services (111,000), transportation, warehousing, and utilities (70,000), and educational services (26,000). By contrast, job openings decreased in health care and social assistance (-72,000), state and local government, excluding education (-46,000), and federal government (-21,000).2017-09-12T14:02:05"
Optimism Among US Small Businesses at 6-Month High,NFIB Business Optimism Index,"Optimism Among US Small Businesses at 6-Month HighUnited States NFIB Business Optimism IndexThe NFIB's Index of Small Business Optimism in the US edged up to 105.3 in August of 2017 from 105.2 in July, above market expectations of 105. It is the highest reading since February as 4 of 10 index components improved: plans to make capital outlays (4 pp to net 32%), the highest since 2006; higher sales expectations (5 to 27); expected credit conditions (1 to -3) and good time to expand (4 to 27). On the other hand, expectations the economy will improve were flat (at 37) and deterioration was observed for: job creation (+1 to 18, still remain historically high), plans to raise employment (-1 to 18); plans to increase inventories (-3 to 2); current inventory (-3 to 5) and current job openings (-4 to 31). 2017-09-12T10:19:40"
US Stocks Rally on Monday,Stock Market,"US Stocks Rally on MondayUnited States Stock MarketWall Street closed deeply in the green on Monday September 11th of 2017, after Hurricane Irma wrecked less damage than expected and North Korea did not exacerbate tensions ahead of the UN meeting. Technology shares outperformed the market on Monday, with Tesla climbing 5.9% and Netflix 3.0%. The Dow Jones gained 260 points or 1.2% to 22057. The S&P 500 booked a new record, rising 27 points or 1.1% to 2488. The Nasdaq jumped 72 points or 1.1% to 6432.  2017-09-11T20:03:24"
US Stocks Rise on Monday,Stock Market,"US Stocks Rise on MondayUnited States Stock MarketWall Street opened in the green on Monday as damages from Hurricane Irma looked smaller than expected. The Dow Jones added 170 points or 0.8%, the S&P 500 gained 18 points or 0.7% and the Nasdaq went up 65 points or 1% around 9 minutes after the opening bell.2017-09-11T13:41:51.527"
US 10Y Bond Yield Moves Up By 2%,bond,US 10Y Bond Yield Moves Up By 2%united states bondUnited States 10 Year Government Bond Yield increased by 2% to 2.0923%2017-09-11T01:32:59.78
US Stocks Close Mixed on Friday to Book Weekly Loss,Stock Market,"US Stocks Close Mixed on Friday to Book Weekly LossUnited States Stock MarketWall Street closed mixed on Friday September 8th of 2017, as investors sentiment was affected by North Korean tensions, resignation of Fed vice-chairman Stanley Fischer and expected damage from Hurricane Irma. The Dow Jones edged up 13 points or 0.1% to 21798. In contrast, the S&P 500 closed down 3 points or 0.1% to 2462, while the Nasdaq retreated 38 points or 0.6% to 6360. During the week all major indices booked losses, with the Dow Jones dropping 0.9%; the S&P 500 0.6%; and the Nasdaq 1.2%. 2017-09-08T20:04:30.333"
US Consumer Credit Rises More than Expected,Consumer Credit,"US Consumer Credit Rises More than ExpectedUnited States Consumer CreditConsumer credit in the United States rose by USD 18.5 billion in July of 2017, following a downwardly revised USD 11.83 billion gain in June, beating market expectations of USD 15.1 billion. Revolving credit increased by USD 2.62 billion after rising by USD 4.76 billion in the previous month. Non-revolving credit went up by USD 15.88 billion, compared with a USD 7.07 billion gain in June.2017-09-08T19:00:06.633"
US Wholesale Inventories Revised Higher,Wholesale Inventories,"US Wholesale Inventories Revised HigherUnited States Wholesale InventoriesWholesale inventories in the US increased 0.6 percent month-over-month to USD 602.4 billion in July of 2017, the same as in June and above a preliminary estimate of a 0.4 percent gain. Inventories rose for durable goods (0.9 percent compared to 0.4 percent in June), namely autos (0.2 percent compared to 1.1 percent) and nondurables (0.2 percent compared to 0.9 percent), namely petroleum (2.3 percent compared to -5.6 percent). Wholesale stocks excluding autos, which goes into the calculation of GDP, rose 0.7 percent in July.2017-09-08T14:09:38.32"
US Dollar At 33-Month Low,Currency,"US Dollar At 33-Month LowUnited States CurrencyThe US dollar has dropped to its lowest level in 33 months as investors sentiment was affected by North Korean tensions, resignation of Fed vice-chairman Stanley Fischer and expected damage from Hurricane Irma. The index fell 0.5 percent to reach 91.011, the lowest level since January 2015 around 1 PM London time. 2017-09-08T13:20:36.907"
US Crude Oil Inventories Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States jumped by 4.580 million barrels in the week ended August 31st, 2017, following a 5.392 million drop in the previous period and compared to market expectations of a 4.022 million rise. It was the first increase in inventories in ten weeks and the sharpest since the week ended March 17th. Meanwhile, gasoline stocks dropped by 3.199 million, compared to expectations of a 5.0 million fall.2017-09-07T15:00:30"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.0612%2017-09-07T14:08:02.547
US Economic Optimism Highest in 6 Months,Economic Optimism Index,"US Economic Optimism Highest in 6 MonthsUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States rose to 53.4 in September 2017 from an upwardly revised 52.5 in the previous month and above market expectations of 53.1. It is the highest reading since March. The gauge of the six-month economic outlook rose to 51.1 from 49.9 in August; the personal financial outlook index increased to 62 from 60.2. Meanwhile, the measure of confidence in federal economic policies went down to 47.1 from 47.3.2017-09-07T14:07:45"
US Q2 Nonfarm Labor Productivity Growth Revised to 1.5%,Productivity,"US Q2 Nonfarm Labor Productivity Growth Revised to 1.5%United States ProductivityNonfarm business sector labor productivity in the United States increased 1.5 percent in the second quarter of 2017, compared with a preliminary reading of 0.9 percent and above market expectations of 1.3 percent. Output grew 4 percent and hours worked rose 2.5 percent. Compared with the same period of 2016, labor productivity increased 1.3 percent, reflecting a 2.8 percent gain in output and a 1.5 percent rise in hours worked.2017-09-07T12:36:55"
US Nonfarm Labour Costs Rise Less Than Estimated,Labour Costs,"US Nonfarm Labour Costs Rise Less Than EstimatedUnited States Labour CostsUnit labor costs in the US nonfarm business sector rose 0.2 percent in the second quarter of 2017, compared with a preliminary estimate of 0.6 percent and below market expectations of 0.3 percent, final figures showed. The reading reflects a 1.8 percent increase in hourly compensation and a 1.5 percent growth in productivity. Unit labor costs decreased 0.2 percent over the last four quarters.2017-09-07T12:31:28.933"
US Initial Claims at Over 2-Year High,Initial Jobless Claims,"US Initial Claims at Over 2-Year HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 62 thousand to 298 thousand in the week ended September 2nd, well above market expectations of 241 thousand. It is the highest value since the week ended April 18th 2015, due to the impact of Hurricane Harvey.
2017-09-07T12:31:18"
US Composite PMI Revised Down in August: PMI,Composite Pmi,"US Composite PMI Revised Down in August: PMIUnited States Composite PmiThe IHS Markit Composite PMI for the US came in at 55.3 in August of 2017, down from a preliminary reading of 56 but above 54.6 in July. It is the highest reading since January as the services sector expanded at the fastest since November of 2015 (56 from 54.7) while manufacturing growth slowed (52.8 from 53.3). 2017-09-06T14:29:05.96"
US ISM Non Manufacturing PMI Rises in August,Non Manufacturing PMI,"US ISM Non Manufacturing PMI Rises in AugustUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States went up to 55.3 in August of 2017 from 53.9 in July, compared to market expectations of 55.4. Improvements were seen in production, new orders and employment while inventories slowed and price pressures increased. The majority of services providers are optimistic about business conditions going forward.2017-09-06T14:02:53.337"
US Services PMI Revised Down in August: Markit,Services PMI,"US Services PMI Revised Down in August: MarkitUnited States Services PMIThe IHS Markit US Services PMI came in at 56 in August of 2017, below a preliminary reading of 56.9 but above 54.7 in July. The reading pointed to the strongest expansion in the services sector since November of 2015 as activity and new business increased sharply amid high client demand. In addition, employment rose the most in nearly two years while both input and output inflation continued to went up. Business confidence among service providers remained robust in August, with the degree of positive sentiment reaching a seven-month high.
2017-09-06T13:51:28.6"
US Imports Edge Down 0.2% in July,Imports,"US Imports Edge Down 0.2% in JulyUnited States ImportsTotal imports to the US fell 0.2% month-overmonth to USD 23.81 billion in July of 2017. Purchases of goods decreased USD 0.5 billion to USD 193.9 billion, mainly due to lower imports of automotive vehicles, parts, and engines (USD -0.8 billion); passenger cars (USD -0.8 billion); industrial supplies and materials (USD -0.7 billion) and crude oil (USD - 1 billion). On the other hand, imports rose for capital goods (USD 1.3 billion); computer accessories (USD 0.6 billion) and computers (USD 0.6 billion). Imports of services increased less than USD 0.1 billion to USD 44.1 billion. The changes in all categories were $0.1 billion or less and nearly offsetting. On a non-seasonally adjusted basis, imports went down from Canada (-11.5%), Mexico (-9.7%), the EU (-3.7%), the OPEC (-12.6%) and Brazil (-3.5%) but rose from China (3.1%) and Japan (3%). 
2017-09-06T13:08:11.353"
US Exports Shrink 0.3% in July,Exports,"US Exports Shrink 0.3% in JulyUnited States ExportsTotal exports from the US fell 0.3% from the previous month to USD 194.38 billion in July of 2017. Exports of goods decreased USD 0.4 billion to USD 128.6 billion, mainly due to lower sales of consumer goods (USD -0.7 billion); cell phones and other household goods (USD -$0.5 billion); automotive vehicles, parts, and engines (USD -0.6 billion) and passenger cars (USD -1.0 billion). On the other hand, sales rose for capital goods (USD 0.9 billion) and civilian aircraft (USD 1.1 billion). Exports of services decreased USD 0.1 billion to USD 65.8 billion as travel (for all purposes including education) went down USD 0.3 billion. Other business services, which includes research and development services; professional and management services; and technical, trade-related, and other services, increased USD 0.2 billion. On a non-seasonally adjusted basis, exports fell to Canada (-13.9%t), Mexico (-7.6%), the EU (-9.8%) and OPEC (-7.1%) but rose to China (3.5%), Japan (2.3%) and Brazil (7.5%).2017-09-06T13:06:19.197"
US Trade Gap Lower than Expected,Balance of Trade,"US Trade Gap Lower than ExpectedUnited States Balance of TradeThe trade deficit in the United States widened slightly to USD 43.7 billion in July of 2017, following a downwardly revised USD 43.5 billion gap in June. It compares with market expectations of a bigger USD 44.6 billion shortfall. Exports declined 0.3 percent and imports fell at a slower 0.2 percent. The trade gap with China reached an 11-month high and the one with the EU was the highest in 8 months. 
2017-09-06T12:33:28"
US Mortgage Applications Increase in Latest Week,Mortgage Applications,"US Mortgage Applications Increase in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 3.3 percent in the week ending September 1st, 2017, after falling 2.3 percent in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home went up 1.4 percent and refinance applications increased 5.1 percent. The average fixed 30-year mortgage rate fell by 5bps to 4.06 percent, the lowest since November. 2017-09-06T11:01:43.2"
US Stocks Close Sharply Down on Tuesday,Stock Market,"US Stocks Close Sharply Down on TuesdayUnited States Stock MarketWall Street close sharply in the red on Tuesday, the first trading day of the week following the Labor Day holiday, as investors react to geopolitical tensions with North Korea after the country tested a hydrogen bomb during the weekend. Goldman Sachs, Boeing and United Technologies were among the biggest losers after United Technologies announced it had reached a deal to buy Rockwell Collins for $23 billion. The Dow Jones retreated 234 points or 1.1% to 21753. The S&P 500 closed down 20 points or 0.8% to 2456. The Nasdaq plunged 60 points or 0.9% to 6376.2017-09-05T20:03:13"
US Stocks Slump on Tuesday,Stock Market,"US Stocks Slump on TuesdayUnited States Stock MarketWall Street traded sharply in the red on Tuesday, the first trading day of the week following the Labor Day holiday, as investors react to geopolitical tensions with North Korea after the country tested a hydrogen bomb during the weekend. Goldman Sachs, Boeing and United Technologies were among the biggest losers after United Technologies announced it had reached a deal to buy Rockwell Collins for $23 billion. The Dow Jones was down 237 points or 1.1%, the S&P 500 fell 21 points or 0.9% and the Nasdaq traded 90 points or 1.4% lower around 12:30 PM NY time.2017-09-05T16:39:21"
US Factory Orders Fall the Most in Nearly 3 Years,Factory Orders,"US Factory Orders Fall the Most in Nearly 3 YearsUnited States Factory OrdersNew orders for US manufactured goods shrank 3.3 percent month-over-month in July of 2017, following a downwardly revised 3.2 percent jump in June which was the highest in eight months. It is the biggest drop in new orders since August of 2014, in line with market estimates. Falls were seen for transport equipment (-19.2 percent); motor vehicles and parts (-1.6 percent) and general machinery (-0.9 percent). Orders for civilian aircraft slumped 70.8 percent. On the other hand, orders rose for computers and electronics (2.1 percent) and electrical equipment appliances (2.6 percent). Orders for non-defense capital goods excluding aircraft, seen as a proxy for business spending plans increased 1 percent. 2017-09-05T14:17:15.777"
US ISM NY Index Drops in August,Ism New York Index,"US ISM NY Index Drops in AugustUnited States Ism New York IndexThe ISM New York Current Business Conditions in the United States fell to 56.6 in August of 2017 from 62.8 in July which was the highest value since October of 2015. Declines were seen for quantity of purchases (51.6 from 52.8) and expected revenues (68.8 from 69.4). On the other hand, employment (56.4 from 37.8) rebounded, current revenues (48.4 from 44.4) fell less and prices paid slowed (50 from 52.8). The six-month outlook went up to 60.5 from 58.1.2017-09-05T13:56:06.927"
US Stocks Close Higher To Book Weekly Gains,Stock Market,"US Stocks Close Higher To Book Weekly GainsUnited States Stock MarketWall Street closed modestly in the green on Friday September 1st of 2017, as non-farm payrolls in the US increased by 156K in August, below a downwardly revised 189K in July and lower than expectations of 180K. Job gains occurred in manufacturing, construction, professional and technical services, health care, and mining. The Dow Jones advanced 39 points or 0.2% to 21988. The S&P 500 gained 5 points or 0.2% to 2477. The Nasdaq edged up 7 points or 0.1% to 6435. During the week, all major indices booked gains, with the Dow Jones climbing 0.7%; the S&P 500 1.4%; and the Nasdaq 2.7%.2017-09-01T21:59:15"
US Consumer Sentiment Revised Down in August,Consumer Confidence,"US Consumer Sentiment Revised Down in AugustUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States stood at 96.8 in August of 2017, below the preliminary estimate of 97.6 and compared with July's final reading of 93.4. Both future expectations and current conditions sub-indices came in lower than previously estimated.2017-09-01T14:10:05"
US ISM Manufacturing PMI Highest Since 2011,Business Confidence,"US ISM Manufacturing PMI Highest Since 2011United States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US rose to 58.8 in August of 2017 from 56.3 in July, beating market expectations of 56.5. It is the highest reading since April of 2011, boosted by a rise in production, employment and inventories. 2017-09-01T14:05:50.067"
US Construction Spending Unexpectedly Falls to 9-Month Low,Construction Spending,"US Construction Spending Unexpectedly Falls to 9-Month LowUnited States Construction SpendingConstruction spending in the US unexpectedly fell 0.6 percent month-on-month to USD 1.21 trillion in July 2017, the lowest level since October 2016, following an upwardly revised 1.4 percent drop in June and missing market expectations of a 0.5 percent gain. Investment in public projects shrank 1.4 percent to the lowest level since February 2014, as outlays on educational projects tumbled 4.4 percent while highways construction spending rose 0.1 percent. Also, private construction spending declined 0.4 percent, as spending on private nonresidential structures plunged 1.9 percent to the lowest level since April 2016.2017-09-01T14:05:10.003"
US 10Y Bond Yield Moves Up By 2%,bond,US 10Y Bond Yield Moves Up By 2%united states bondUnited States 10 Year Government Bond Yield increased by 2% to 2.1604%2017-09-01T14:04:07.33
US Manufacturing PMI Revised Higher: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Higher: MarkitUnited States Manufacturing PMIThe IHS Markit Manufacturing PMI for the United States was revised higher to 52.8 in August of 2017 from a preliminary reading of 52.5 but below 53.3 in July. Production rose the least since June of 2016; exports dragged on order book growth and both input and output prices increased faster. On the other hand, job gains were the highest in six months. 2017-09-01T13:53:38.71"
Non Farm Payrolls Lower than Expected in August,Non Farm Payrolls,"Non Farm Payrolls Lower than Expected in AugustUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 156 thousand in August of 2017, below a downwardly revised 189 thousand in July and lower than market expectations of 180 thousand. Job gains occurred in manufacturing, construction, professional and technical services, health care, and mining.2017-09-01T12:30:50"
US Jobless Rate Unexpectedly Rises to 4.4% in August,Unemployment Rate,US Jobless Rate Unexpectedly Rises to 4.4% in AugustUnited States Unemployment RateUS unemployment rate unexpectedly rose to 4.4 percent in August 2017 from 4.3 percent in the previous month and above market consensus of 4.3 percent. The number of unemployed persons increased by 151 thousand to 7.1 million while the labor force participation rate was flat at 62.9 percent. 2017-09-01T12:30:48
US Stocks Close Higher on Thursday,Stock Market,"US Stocks Close Higher on ThursdayUnited States Stock MarketWall Street closed in the green on Thursday August 31th of 2017, as geopolitical uncertainty continued to diminish and upbeat economic data buoyed investors’ confidence on the growth outlook. The Dow Jones gained 60 points or 0.3% to 21952. The S&P 500 advanced 16 points or 0.6% to 2473. The Nasdaq jumped 60 points or 1.0% to 6429.2017-08-31T20:08:27"
US Pending Home Sales Fall in July,Pending Home Sales,"US Pending Home Sales Fall in JulyUnited States Pending Home SalesContracts to buy previously owned homes in the United States fell 1.3 percent year-on-year in July of 2017, following a downwardly revised 0.3 percent increase in June. Compared to June, pending home sales shrank 0.8 percent, following a downwardly revised 1.3 percent gain and compared to market expectations of a 0.5 percent rise. Across main four regions, contracts fell in the Northeast (-0.3 percent), the Midwest (-0.7 percent) and the South (-1.7 percent) but rose in the West (0.6 percent).2017-08-31T14:12:14.597"
US Chicago PMI Slightly Higher than Expected in August,Chicago Pmi,"US Chicago PMI Slightly Higher than Expected in AugustUnited States Chicago PmiThe MNI Chicago Business Barometer was unchanged at 58.9 in August of 2017, the same as in July and slightly better than market expectations of 58.5. The stability in sentiment was the result of gains in production and demand being offset by losses in backlogs, employment and supplier deliveries. Both new orders and production increased slightly, following hefty falls last month. Firms also saw the level of backlogs decline in August. Suppliers took slightly less time to deliver key inputs, with the respective indicator down to hit 59.3, a four-month low. The employment indicator slipped for the third month in a row in August, falling below 50 for the first time since March.
2017-08-31T13:55:02.147"
US PCE Price Index Rises 0.1% in July,PCE Price Index Monthly Change,"US PCE Price Index Rises 0.1% in JulyUnited States PCE Price Index Monthly ChangeThe price index for personal consumption expenditures in the United States edged up 0.1 percent month-over-month in July 2017 after showing no growth in June. Cost of goods rose 0.1 percent after declining by 0.2 percent in the previous month, boosted by higher prices of nondurable goods (0.3 percent from -0.2 percent in June), while cost of durable goods continued to fall (-0.2 percent, the same as in June). Meanwhile, cost of services edged up 0.1 percent after increasing by 0.2 percent in June. Year-on-year, the PCE price index rose 1.4 percent, also in line with expectations.2017-08-31T12:45:38.597"
US Personal Spending Up 0.3% in July,Personal Spending,"US Personal Spending Up 0.3% in JulyUnited States Personal SpendingPersonal spending in US rose 0.3 percent month-on-month in July, below expectations of 0.4 percent gain but above upwardly revised 0.2 percent rise in June. The $29.3 billion increase in real PCE reflected an increase of $18.7 billion in spending for goods and an $11.8 billion increase in spending for services. Within goods, furnishings and durable household equipment was the leading contributor to the increase. Within services, the largest contributor to the increase was spending for food services and accommodations.2017-08-31T12:43:40"
US Jobless Claims Rise to 236K in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise to 236K in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 1 thousand to 236 thousand in the week ended August 26th from the previous week's revised level of 235 thousand and in line with market expectations. Meanwhile, the 4-week moving average, which removes week-to-week volatility, fell by 1.25 thousand to 236.75 thousand.2017-08-31T12:31:53.403"
"US Personal Income Rises 0.4%, The Most in 5 Months",Personal Income,"US Personal Income Rises 0.4%, The Most in 5 MonthsUnited States Personal IncomePersonal income in the United States rose 0.4 percent in July 2017, following no growth in June and above market expectations of 0.3 percent. The growth in personal income in July primarily reflected increases in wages and salaries (0.5 percent) and a recovery in personal income receipts on assets (0.6 percent vs -1.7 percent in June).  Meanwhile, contributions for government social insurance, a subtraction in the calculation of personal income, rose 0.5 percent after increasing by 0.4 percent in June.


2017-08-31T12:30:33"
US Planned Layoffs Rise for 1st Time in 5 Months: Challenger,Challenger Job Cuts,"US Planned Layoffs Rise for 1st Time in 5 Months: ChallengerUnited States Challenger Job CutsUS based employers announced plans to shed 33,825 workers from payrolls in August of 2017, a 19.4 percent increase from 28,307 in July and the highest in four months. Construction cut the most jobs (4,332), followed by retail (3,607); financial (3,414); services (3,039); consumer products (2,907) and energy (2,212). Year-on-year, planned layoffs rose 5 percent. So far this year, employers announced 289,132 job cuts, down 26.1 percent compared to the first eight months of 2016.2017-08-31T11:36:00"
US Stocks Close Higher on Wednesday,Stock Market,"US Stocks Close Higher on WednesdayUnited States Stock MarketWall Street closed in the green on Wednesday August 30th of 2017, as investors shrugged off geopolitical tensions a day after North Korea’s missile launch. Also, economic data showed that the US economy expanded an annualized 3% in Q2, well above a preliminary reading of 2.6%. It is the strongest growth rate since Q1 2015. The Dow Jones edged up 27 points or 0.1% to 21892. The S&P 500 gained 11 points or 0.4% to 2457. The Nasdaq jumped 66 points or 1.1% to 6368. 2017-08-30T20:05:18"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 5.392 million barrels in the week ended August 25th, 2017, following a 3.327 million drop in the previous period. It marks the ninth straight week of falls in crude oil inventories, compared to market expectations of a 1.908 million decline. Meanwhile, gasoline stocks rose by 0.035 million, compared to expectations of a 0.989 million decrease.2017-08-30T14:32:13"
US Corporate Profits Rise 0.8% in Q2,Corporate Profits,"US Corporate Profits Rise 0.8% in Q2United States Corporate ProfitsCorporate profits in the United States increased by USD 12.9 billion, or 0.8 percent, to USD 1,655.6 billion in the second quarter of 2017, following a revised 2.6 percent drop in the previous period, the preliminary estimate showed. The undistributed profits rose by USD 7.1 billion, or 1.1 percent, to USD 661.7 billion and net dividends went up by USD 5.9 billion, or 0.6 percent, to USD 994 billion. Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, increased by USD 52.9 billion, or 2.4 percent, to USD 2,282 billion.2017-08-30T12:37:43.237"
US GDP Growth Revised Sharply Higher in Q2,GDP Growth Rate,"US GDP Growth Revised Sharply Higher in Q2United States GDP Growth RateThe US economy expanded an annualized 3 percent in the second quarter of 2017, well above a preliminary reading of 2.6 percent and beating market expectations of 2.7 percent. It is the strongest growth rate since the first three months of 2015, the second estimate from the BEA showed. Increases in personal consumption expenditures (PCE) and in nonresidential fixed investment were larger than previously estimated. These increases were partly offset by a larger decrease in state and local government spending.2017-08-30T12:32:19.787"
US Private Sector Adds Most Jobs in 5 Months: ADP,ADP Employment Change,"US Private Sector Adds Most Jobs in 5 Months: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 237 thousand workers in August of 2017, the most in five months and beating market expectations of 183 thousand. The service-providing sector added 204 thousand jobs, boosted by trade, transportation and utilities (56 thousand); leisure and hospitality (51 thousand); education and health (45 thousand); professional and business (39 thousand); financial activities (11 thousand) and other services (5 thousand) while job losses occurred in the information sector (-3 thousand). The goods-producing sector added 33 thousand jobs due to construction (18 thousand) and manufacturing (16 thousand) while the natural resources and mining sector shed 1 thousand payrolls. Large companies were the ones hiring the highest number of workers (115 thousand), followed by midsized (74 thousand) and small firms (48 thousand). July's data was revised sharply higher to 201 thousand from an initial estimate of 178 thousand. 2017-08-30T12:19:45"
US Mortgage Applications Fall 2.3% in Latest Week,Mortgage Applications,"US Mortgage Applications Fall 2.3% in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States shrank 2.3 percent in the week ending August 25th, 2017, after edging down 0.5 percent in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home fell 2.7 percent and refinance applications dropped 2 percent. The average fixed 30-year mortgage rate fell 1bps to 4.11 percent, the lowest since November. 2017-08-30T11:04:04.483"
US Stocks Erase Losses,Stock Market,"US Stocks Erase LossesUnited States Stock MarketWall Street tried to recover on Tuesday after opening sharply in the red as investors digest geopolitical tensions over North Korea. The Dow Jones added 19 points or 0.1% and the Nasdaq gained 14 points or 0.2% while the Nasdaq traded near the flatline around 1:05 PM NY time. 
2017-08-29T17:08:19"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.1119%2017-08-29T14:50:04.757
US Stocks Fall on North Korea Worries,Stock Market,"US Stocks Fall on North Korea WorriesUnited States Stock MarketWall Street opened in the red on Tuesday amid rising geopolitical tensions over North Korea after the country launched a missile over Japan. The Dow Jones fell 102 points or 0.5%, the S&P 500 dropped 11 points or 0.5% and the Nasdaq lost 3 points or 0.5% around 7 minutes after the opening bell.2017-08-29T13:40:20"
US House Prices Rise 5.7% YoY in June: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise 5.7% YoY in June: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite home price index of 20 metropolitan areas in the US rose 5.7 percent year-on-year in June of 2017, the same as in May and in line with market expectations. Prices increased the most in Seattle (13.4 percent), Portland (8.2 percent) and Dallas (7.7 percent). Meanwhile, the national index, covering all nine US census divisions went up 5.8 percent, following a 5.7 percent gain in the prior month. 2017-08-29T13:05:21"
Dollar at Lowest Since January 2015,currency,"Dollar at Lowest Since January 2015United States currencyThe dollar extended losses for the third session on Tuesday amid mounting worries over the impact of Hurricane Harvey on the US economy and geopolitical tensions after North Korea fired a missile that flew over Japan. The DXY was down near 0.6% to 91.68 around 9:40 AM London time, the lowest since January of 2015. The greenback fell 0.6% against the euro; 0.7% against the yen; 0.3% against the sterling and near 1% against the Swiss franc. 2017-08-29T07:09:03"
Dollar Index Hits 15-month Low,currency,Dollar Index Hits 15-month LowUnited States currencyUS Dollar decreased to a 15-month low of 92.162017-08-29T05:57:49.463
Dollar Extends Losses on Monday,currency,"Dollar Extends Losses on MondayUnited States currencyThe dollar fell for the second session on Monday, extending Friday's losses after Fed Chair Yellen made no comments on monetary policy at the Jackson Hole Symposium. Concerns over the impact of Hurricane Harvey on the US economy also weighed on the currency. The DXY declined near 0.1% to 92.26 around 12:10 PM NY time, the lowest intraday since May 3rd 2016.2017-08-28T15:09:50"
US Dallas Fed Manufacturing Index Slightly Above Expectations,Dallas Fed Manufacturing Index,"US Dallas Fed Manufacturing Index Slightly Above ExpectationsUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas edged up to 17 in August of 2017 from 16.8 in July, above market expectations of 16.5. Shipments (18.1 from 11.6), hours worked (14.5 from 9.8) and capital expenditures (14.5 from 11.6) increased while a slowdown was seen in production (20.3 from 22.8), new orders (14.3 from 16.1), employment (9.9 from 11.2) and materials inventories (2.5 from 3.6). In addition, stocks of finished goods fell further (-3.8 from -1.7) and price pressures increased for both raw materials (26.9 from 15.5) and finished goods (10.2 from 5.6). The company outlook index posted its 12th consecutive positive reading but slipped 10 points to 16.3 after surging to a multiyear high last month.2017-08-28T14:38:56.67"
US Stocks End Mixed On Friday After Yellen Speech,Stock Market,"US Stocks End Mixed On Friday After Yellen SpeechUnited States Stock MarketWall Street closed mixed on Friday August 25th of 2017 after Fed Yellen made no comments on monetary policy during her speech at the Jackson Hole Symposium, disappointing inventors who were looking for clues on the timing of the next rate hike and the unwind of Fed's balance sheet. Most sectors ended with gains, with big technology companies lagging moderately. The Dow Jones edged up 30 points or 0.1% to 21814. The S&P 500 advanced 7 points or 0.3% to 2446. The Nasdaq lost 6 points or 0.1% to 6266. During the week, all major indices booked gains, with the Dow Jones climbing 0.6%; the S&P 500 0.8%; and the Nasdaq 0.8%. 2017-08-25T20:04:29"
Dollar Falls After Yellen Speech,Currency,"Dollar Falls After Yellen SpeechUnited States CurrencyThe dollar lost on Friday after Fed Yellen made no comments on monetary policy during her speech at the Jackson Hole Symposium, disappointing inventors who were looking for clues on the timing of the next rate hike and the unwind of Fed's balance sheet. The DXY fell near 0.4% right after the speech and was down 0.5% to 92.79 around 11:55 AM NY time, the lowest in three weeks. 2017-08-25T15:58:49"
Yellen Says Financial System Is More Resilient,Interest Rate,"Yellen Says Financial System Is More ResilientUnited States Interest RateSubstantial progress has been made toward the Fed's economic objectives of maximum employment and price stability and the financial system is more resilient now than a decade ago. However, all-too-familiar risks of excessive optimism, leverage, and maturity transformation remain, Fed Chair Yellen said in a speech at the Jackson Hole Symposium. No comments on monetary policy were made although markets were waiting for some clues on the timing of the Fed's next rate hike. 
2017-08-25T14:30:19.78"
US Durable Goods Orders Fall More than Expected,Durable Goods Orders,"US Durable Goods Orders Fall More than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods slumped 6.8 percent month-over-month in July of 2017, offsetting a downwardly revised 6.4 percent rise in June which was the highest gain in nearly three years. Figures compare with market expectations of a 6 percent fall. Orders for transport equipment shrank 19 percent, with those for motor vehicles falling 1.2 percent. However, non-defense capital goods orders excluding aircraft, seen as a proxy for business spending plans increased 0.4 percent, following a flat reading in June. 2017-08-25T12:37:07"
US Existing Home Sales at Near 1-Year Low,Existing Home Sales,"US Existing Home Sales at Near 1-Year LowUnited States Existing Home SalesSales of previously owned houses in the United States shrank 1.3 percent month-over-month to a seasonally adjusted annual rate of 5.44 million in July of 2017 from a marginally revised 5.51 million in June. It is the lowest reading since August of 2016, compared to market expectations of a 0.9 percent rise. Sales of single family houses dropped 0.8 percent to 4.84 million after falling 2 percent in June and those of condos slumped 4.8 percent to 0.6 million, following a 1.6 percent decline. The median house price fell to $258,300 from $263,300 and the months' worth of supply was steady at 4.2 percent. In addition, the number of houses available in the market fell to 1.92 million from 1.94 million in June.
2017-08-24T14:07:30"
US Jobless Claims Rise Slightly to 234K,Initial Jobless Claims,"US Jobless Claims Rise Slightly to 234KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 2 thousand to 234 thousand in the week ended August 19th from the previous week's unrevised level of 232 thousand. It compares with market expectations of 238 thousand. The 4-week moving average which removes week-to-week volatility went down by 2.750 thousand to 237.750 thousand, the lowest since May.2017-08-24T12:32:50"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.1677%2017-08-23T19:50:10.55
US Crude Oil Stocks Decrease for the 8th Week,Crude Oil Stocks Change,"US Crude Oil Stocks Decrease for the 8th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 3.327 million barrels in the week ended August 18th, 2017, following an 8.945 million drop in the previous period which was the biggest decrease since September last year. It compares with market expectations of a 3.45 million decline. Meanwhile, gasoline stocks fell by 1.223 million, compared to expectations of a 0.643 million decrease.
2017-08-23T14:33:42.377"
US New Home Sales at 7-Month Low,New Home Sales,"US New Home Sales at 7-Month LowUnited States New Home SalesSales of new single-family houses in the United States shrank 9.4 percent to a seasonally adjusted annual rate of 571 thousand in July of 2017 from an upwardly revised 630 thousand in June. It is the lowest reading so far this year and well below market expectations of 612 thousand. Sales fell in the Northeast, the West and the South.
2017-08-23T14:03:43.79"
US Private Sector Growth Hits 27-Month High in August,Composite Pmi,"US Private Sector Growth Hits 27-Month High in AugustUnited States Composite PmiThe IHS Markit US Composite PMI Output Index rose to 56 in August 2017 from 54.6 in the previous month, the preliminary estimate showed. The reading pointed to the strongest pace of expansion in the private sector since May 2015, as services sector activity increased the most in over two years (flash PMI at 56.9 from 54.7 in July) while manufacturing output growth eased (flash PMI at 52.5 from 53.3 in July).2017-08-23T13:57:12"
US Service Sector Activity Grows the Most in 28 Months,Services PMI,"US Service Sector Activity Grows the Most in 28 MonthsUnited States Services PMIThe IHS Markit US Services PMI Business Activity Index rose to 56.9 in August 2017 from the previous month's reading of 54.7 and way above market expectations of 54.9, the flash estimate showed. The figure pointed to the quickest pace of expansion in the service sector in 28 months, as new order growth reached a 25-month high and the rate of payroll expansion was little-changed from July's seven-month record. On the price front, input cost inflation increased slightly from the previous month on the back of higher raw materials prices, and prices charged for services also rose the most since September 2014.2017-08-23T13:52:51.287"
US Factory Growth Slows in August: PMI,Manufacturing PMI,"US Factory Growth Slows in August: PMIUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 52.5 in August of 2017 from 53.3 in July, below market expectations of 53.3, flash estimates showed. Production volumes rose the least in over a year.2017-08-23T13:49:00.453"
US Mortgage Applications Decline 0.5%,Mortgage Applications,"US Mortgage Applications Decline 0.5%United States Mortgage ApplicationsMortgage applications in the United States fell 0.5 percent in the week ending August 18th, 2017, after edging up 0.1 percent in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home fell 1.5 percent while refinance applications went up 0.3 percent. The average fixed 30-year mortgage rate was unchanged at 4.12 percent, the lowest since November. 2017-08-23T11:03:32.483"
US Stocks Surge On Tuesday Amid Tax Reform Optimism,Stock Market,"US Stocks Surge On Tuesday Amid Tax Reform OptimismUnited States Stock MarketWall Street closed deeply in the green on Tuesday August 22nd of 2017, as stronger than expected earnings reports from mining heavyweights Antofagasta and BHP Billiton nudged global stock markets, while risk aversion retreated a day after President Trump unveiled his military policy for Afghanistan. The Dow Jones gained 196 points or 0.9% to 21900. The S&P 500 jumped 24 points or 1.0% to 2453. The Nasdaq climbed 84 points or 1.4% to 6297. 2017-08-22T20:08:45"
US Richmond Fed Manufacturing Index Above Forecasts,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Above ForecastsUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia was unchanged at 14 in August 2017, beating market expectations of 12. The improvement in employment (17 from 10 in July) and wages (18 from 17) offset a decline in shipments (8 from 13) and new orders (17 from 18). Optimism around manufacturing activity over the next six months eased from July.2017-08-22T14:27:40"
US Stocks Rise on Tuesday,Stock Market,"US Stocks Rise on TuesdayUnited States Stock MarketWall Street opened in the green on Tuesday, boosted by a rise in tech and financial shares and as investors await Fed Yellen's speech on Friday for further clues on the timing of the next rate hike. The Dow Jones gained 101 points or 0.5%; the S&P 500 went up 3 points or 0.1% and the Nasdaq added 46 points or 0.7% around 15 minutes after the opening bell.
2017-08-22T13:51:59"
US June House Prices Rise Less Than Expected: FHFA,FHFA House Price Index MoM,"US June House Prices Rise Less Than Expected: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States edged up 0.1 percent month-over-month in June 2017, following a downwardly revised 0.3 percent rise in May and missing market expectations of 0.4 percent. Year-on-year, prices went up 6.5 percent after growing 6.9 percent in May.2017-08-22T13:02:49"
US Chicago Fed National Activity Index Edges Down in July,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index Edges Down in JulyUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States fell to -0.01 in July 2017 from an upwardly revised 0.16 in June. The contribution from production-related indicators to the index went down to -0.2 from 0.03. Other negative contributions came from the sales, orders, and inventories category (-0.01 from 0.06) and personal consumption and housing category (-0.06 from -0.07). In addition, employment-related indicators contributed less (0.09 from 0.13). The index’s three-month moving average moved down to -0.05 in July from 0.09 in June.2017-08-21T12:40:18"
US Stocks Edge Down On Friday To Book Weekly Loss,Stock Market,"US Stocks Edge Down On Friday To Book Weekly LossUnited States Stock MarketWall Street slipped on Friday, paring early gains after White House announced that Steve Bannon would stop being Chief Strategy. The Dow Jones lost 76 points or 0.4% to 21675. The S&P 500 inched down 1 point or 0.1% to 2426. The Nasdaq edged down 5 points or 0.1% to 6217. During the week, all major indices booked losses, with the Dow Jones retreating 0.8%; the S&P 500 0.5%; and the Nasdaq 0.6%. 2017-08-18T20:07:51"
US Consumer Sentiment Rises in August,Consumer Confidence,"US Consumer Sentiment Rises in AugustUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States rose to 97.6 in August of 2017 from 93.4 in July, beating market estimates of 94, preliminary estimates showed. It is the strongest reading since January, due to a more positive outlook for the overall economy and more favorable personal financial prospects.2017-08-18T14:03:07"
US Stocks Tumble On Thursday Over Policy Concerns,Stock Market,"US Stocks Tumble On Thursday Over Policy ConcernsUnited States Stock MarketUS Stocks closed deep in the red on Thursday, as market volatility spiked higher on speculation that President Trump’s policy agenda will be affected going forward after controversial remarks over a rally in Virginia and a terrorists attack in Barcelona. The Dow Jones plunged 274 points or 1.2% to 21751. The S&P 500 retreated 36 points or 1.5% to 2432. The Nasdaq plummeted 123 points or 1.9% to 6222. 2017-08-17T20:06:13"
US Stocks Fall on Thursday,Stock Market,"US Stocks Fall on ThursdayUnited States Stock MarketWall Street traded sharply in the red on Thursday, mainly weighed down by tech and financial shares amid disappointing results for Cisco and Wal-Mart. Investors were also concerned over President Trump's ability to deliver pro growth reforms as some advisory groups were dissolved in response to the President's actions after the Charlottesville episode. The Dow Jones was down 162 points or 0.7%, the S&P 500 declined 24 points or 1% and the Nasdaq lost 75 points or 1.2% around 1:36 PM NY time.2017-08-17T17:53:39"
US Industrial Output Growth Below Estimates,Industrial Production Mom,"US Industrial Output Growth Below EstimatesUnited States Industrial Production MomIndustrial production in the United States increased 0.2 percent month-over-month in July of 2017, lower than a 0.4 percent gain in June and below market expectations of 0.3 percent. Manufacturing output shrank 0.1 percent, mainly due to a fall in production of motor vehicles and parts and mining rose at a slower pace while utilities rebounded. 2017-08-17T13:00:12.737"
Philadelphia Fed Manufacturing Index Above Estimates,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Above Estimates United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US fell to 18.9 in August of 2017 from 19.5 in July but slightly above market estimates of 18.5. It is the lowest reading since November last year, as inventories fell (-6.1 from 0.7 in July), employment rose slightly less (10.1 from 10.9) and price pressures went up for both prices paid (21.1 from 19.1) and received (13.5 from 9). On the other hand, notable improvements were seen for new orders (20.4 from 2.1) and shipments (29.4 from 12.2). In addition, the index of future activity (42.3 from 36.9) indicate that firms expect a continuation of growth in the region’s manufacturing sector over the next six months.2017-08-17T12:42:59"
US Jobless Claims Fall to Near 6-Month Low,Initial Jobless Claims,"US Jobless Claims Fall to Near 6-Month LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits declined by 12 thousand to 232 thousand in the week ended August 12th from the previous week's unrevised level of 244 thousand and below market expectations of 240 thousand. It was the lowest level since the week ended February 25th when claims dropped to 227 thousand, which was the best reading since March 1973. Meanwhile, the 4-week moving average, which removes week-to-week volatility, fell by 0.5 thousand to 240.5 thousand. 2017-08-17T12:33:40.403"
Fed Policymakers Divided Over Stimulus Unwind,Interest Rate,"Fed Policymakers Divided Over Stimulus UnwindUnited States Interest RateSeveral Fed policymakers were prepared to announce a start date for the shrinking of the US central bank’s balance sheet at the latest rate-setting meeting, but most preferred to wait for additional information on the economic outlook and developments potentially affecting financial markets, minutes from last FOMC meeting showed.2017-08-16T18:26:39.967"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.2237%2017-08-16T18:21:17.093
US Crude Oil Stocks Fall Much More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Fall Much More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 8.945 million barrels in the week ended August 11th, 2017, following a 6.451 million drop in the previous period and above market expectations of a 3.058 million decline. It is the biggest fall since September last year. Meanwhile, gasoline stocks increased by 0.022 million, compared to expectations of a 1.078 million decrease.
2017-08-16T14:34:22.717"
US Housing Starts Unexpectedly Fall in July,Housing Starts,"US Housing Starts Unexpectedly Fall in JulyUnited States Housing StartsHousing starts in the United States slumped 4.8 percent from the previous month to a seasonally adjusted annualized rate of 1155 thousand in July of 2017, following a downwardly revised 1213 thousand in the previous month and compared to market expectations of a 0.5 percent rise. Starts declined in the Northeast, Midwest and the West. 
2017-08-16T12:35:36.637"
US Building Permits Fall More Than Expected in July,Building Permits,"US Building Permits Fall More Than Expected in JulyUnited States Building PermitsBuilding permits in the United States dropped 4.1 percent to a seasonally adjusted annualized rate of 1,223 thousand in July 2017 from 1,275 thousand in June while markets were expecting a 2 percent fall to 1,250 thousand. Authorizations of units in buildings with five units or more declined by 12.1 percent to 377 thousand while single-family permits were unchanged at 811 thousand. Among regions, building permits fell in the Midwest (-17.4 percent), the West (-7.9 percent) and the South (-1.4 percent), but rose in the Northeast (19.2 percent).2017-08-16T12:34:19"
US Mortgage Applications Rise Slightly in Latest Week,Mortgage Applications,"US Mortgage Applications Rise Slightly in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States edged up 0.1 percent in the week ending August 11th, 2017, following a 3 percent rise in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went up 1.6 percent while applications to purchase a home fell 1.5 percent. The average fixed 30-year mortgage rate declined by 2bps to 4.12 percent, reaching the lowest since November. 
2017-08-16T11:04:19"
Foreign Investors Buy $7.7 Billion of US Assets in June,Capital Flows,"Foreign Investors Buy $7.7 Billion of US Assets in JuneUnited States Capital FlowsOverseas investors bought USD 7.7 billion of US assets, including short-dated instruments in June 2017 after buying a downwardly revised USD 54.7 billion in May. Meanwhile, foreigners bought USD 34.4 billion of long-term US securities, including government and corporate, after buying USD 91.9 billion in the previous month. Foreign investors bought USD 19.7 billion of US treasuries, after buying USD 46.4 billion in May.2017-08-15T20:06:17.297"
US Business Inventories Post Biggest Gain in 7 Months,Business Inventories,"US Business Inventories Post Biggest Gain in 7 MonthsUnited States Business InventoriesManufacturers’ and trade inventories in the United States rose by 0.5 percent month-over-month in June 2017, following a 0.3 percent gain in May and beating market expectations of 0.4 percent. It was the biggest increase in inventories since November last year, mainly driven by a rise in inventories at manufacturers (0.2 percent from -0.2 percent in May). Also, stocks rose at retailers (0.6 percent, the same as in May), and wholesalers (0.7 percent from 0.6 percent).2017-08-15T14:10:09.267"
US August NAHB Housing Market Index Above Expectations,Nahb Housing Market Index,"US August NAHB Housing Market Index Above ExpectationsUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States rose to 68 in August 2017 from 64 in the previous month, above market expectations of 65. The index of current single-family home sales went up 4 points to 74; sales expectations over the next six months increased 5 points to 78; and buyer traffic edged up 1 point to 49.2017-08-15T14:04:58.587"
US Export Prices Rise The Most In 7 Months,Export Prices MoM,"US Export Prices Rise The Most In 7 MonthsUnited States Export Prices MoMPrices for US exports increased 0.4 percent month-over-month in July of 2017, recovering from a 0.2 percent drop in June and above market expectations of a 0.2 percent gain. It is the strongest rise in export prices since December as cost grew for both agricultural (2.1 percent from -1.4 percent in June) and non-agricultural goods (3 percent  from a flat reading). Year-on-year, export prices advanced 0.8 percent after rising 0.6 percent in June.2017-08-15T12:47:21"
US Import Prices Inch Up 0.1% in July,Import Prices MoM,"US Import Prices Inch Up 0.1% in JulyUnited States Import Prices MoMUS import prices went up 0.1 percent on the month in July of 2017, recovering from a 0.2 percent drop in June and in line with market expectations. It was the first gain in import prices since April as recovery in fuel prices (0.5 percent from -2.6 percent in June) more than offset a drop in non-fuel prices (-0.1 percent from 0.1 percent). While cost declined for non-fuel industrial supplies and materials and automotive vehicles; prices rose for foods, feeds, beverages and capital goods. Year-on-year, import price inflation was steady at 1.5 percent.2017-08-15T12:37:07"
NY Manufacturing Activity Strongest in 3 Years,NY Empire State Manufacturing Index,"NY Manufacturing Activity Strongest in 3 YearsUnited States NY Empire State Manufacturing IndexBusiness activity grew strongly in New York State, according to firms responding to the August 2017 Empire State Manufacturing Survey. The headline general business conditions index climbed fifteen points to 25.2, its highest level in nearly three years. The new orders index rose seven points to 20.6 and the shipments index edged up to 12.4, pointing to solid gains in orders and shipments. Delivery times continued to lengthen, and inventory levels moved lower. Labor market indicators pointed to an increase in employment and hours worked. Input prices rose at a faster clip than last month, while selling prices rose at a somewhat slower pace. Indexes assessing the six-month outlook suggested that firms were very optimistic about future conditions.2017-08-15T12:31:31.21"
US Retail Sales Post Biggest Gain in 7 Months,Retail Sales MoM,"US Retail Sales Post Biggest Gain in 7 MonthsUnited States Retail Sales MoMRetail sales in the United States grew by 0.6 percent month-over-month in July 2017, following an upwardly revised 0.3 percent gain in June and beating market expectations of 0.4 percent. It was the sharpest increase in retail trade since December last year, mainly driven by higher sales at miscellaneous store retailers and motor vehicle and parts dealers.2017-08-15T12:30:59"
US Stocks Surge On Monday,Stock Market,"US Stocks Surge On Monday United States Stock MarketWall Street closed deeply in the green on Monday, as geopolitical fears waned over the weekend and economic data in Japan and the Eurozone boosted confidence in global economic growth. The Dow Jones gained 135 points or 0.6% to 21994. The S&P 500 jumped 25 points or 1.0% to 2467.  The Nasdaq climbed 84 points or 1.3% to 6340.2017-08-14T20:06:11.357"
US Stocks Close Higher On Friday To Book Weekly Loss,Stock Market,"US Stocks Close Higher On Friday To Book Weekly LossUnited States Stock MarketWall Street closed modestly in the green on Friday, as markets stabilized a day after North Korea tensions reignited, with volatility ticking higher ahead of the weekend. Among other economics news, US consumer prices rose 1.7% year-on-year in July 2017, missing expectations of 1.8% and following a 1.6% gain in June, reducing the chance that the Fed will tighten interest rates in the next monetary meeting. The Dow Jones edged up 14 points or 0.1% to 21858. The S&P 500 gained 5 points or 0.2% to 2444. The Nasdaq advanced 40 points or 0.6% to 6257. During the week, all three major indices booked losses, with the Dow Jones retreating 1.0%; the S&P 500 1.3%; and the Nasdaq 1.5%. 2017-08-11T20:05:36"
US Stocks Rise for First Time in 4 Days,Stock Market,"US Stocks Rise for First Time in 4 DaysUnited States Stock MarketThe Dow Jones rose 47 points, or 0.2%, to 21,892 around 10:30 AM New York time on Friday, after July's inflation figures came in below expectations persisting US-North Korea tensions continued to weigh. Also, the S&P 500 gained 7 points, or 0.3%, to 2,444; and the Nasdaq increased 30 points, or 0.5%, to 6,246.2017-08-11T14:24:42.96"
US July Inflation Rate Below Expectations,Inflation Rate,"US July Inflation Rate Below ExpectationsUnited States Inflation RateUS consumer prices increased by 1.7 percent year-on-year in July 2017, missing market expectations of 1.8 percent and following a 1.6 percent gain in June. Prices rose at a faster pace for energy, food, medical care commodities and transportation services. On a monthly basis, consumer prices edged up 0.1 percent, also missing consensus of 0.2 percent. Core consumer prices, which exclude the volatile food and energy components, rose by 1.7 percent in the 12 months through July and by 0.1 percent from the previous month.2017-08-11T12:29:16"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.201%2017-08-10T20:10:08.787
US Stocks Plunge As North Korea Tensions Escalate,Stock Market,"US Stocks Plunge As North Korea Tensions EscalateUnited States Stock MarketWall Street closed deeply in the red on Thursday, as escalating rhetorical exchanges between the United States and North Korea sparked volatility. A selloff was seen across sectors and markets. The Dow Jones plunged 205 points or 0.9% to 21844. The S&P 500 retreated 35 points or 1.5% to 2438. The Nasdaq plummeted 135 points or 2.1% to 6217. 2017-08-10T20:07:52"
US Posts $43 Billion Deficit in July,Government Budget Value,"US Posts $43 Billion Deficit in JulyUnited States Government Budget ValueThe US government posted a USD 43 billion budget deficit in July 2017, smaller than a USD 113 billion gap in the same month of the previous year and below market expectations of a USD 73 billion deficit. Outlays fell 15 percent year-on-year to USD 275 billion while receipts increased 10 percent to USD 232 billion.2017-08-10T18:05:11.67"
US Stocks Trade Lower on Geopolitical Tension,Stock Market,"US Stocks Trade Lower on Geopolitical TensionUnited States Stock MarketThe Dow Jones dropped 143 points, or 0.7%, to 21,903 around 10:00 AM New York time on Thursday, as tensions between the US and North Korea hurt sentiment. Also, the S&P 500 retreated 20 points, or 0.8%, to 2,454; and the Nasdaq declined 77 points, or 1.2%, to 6,274.2017-08-10T14:12:29.43"
US Producer Prices Post First Drop in 11 Months,Producer Price Inflation MoM,"US Producer Prices Post First Drop in 11 MonthsUnited States Producer Price Inflation MoMProducer prices for final demand in the United States unexpectedly fell 0.1 percent month-over-month in July 2017, missing market consensus of a 0.1 percent gain and following a 0.1 percent increase in June. It was the first monthly drop in producer prices since August 2016, as cost for services moved down 0.2 percent, the first fall since February, and prices for goods edged down 0.1 percent, dragged by a decline in cost of energy (-0.3 percent). Excluding food and energy, prices decreased 0.1 percent, below a forecast of 0.2 percent gain. Year-on-year, producer prices rose 1.9 percent while the core index went up 1.8 percent.2017-08-10T12:34:12"
US Jobless Claims Rise More Than Expected,Initial Jobless Claims,"US Jobless Claims Rise More Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 3 thousand to 244 thousand in the week ended August 5th from the previous week's revised level of 241 thousand and above market expectations of 240 thousand. Meanwhile, the 4-week moving average, which removes week-to-week volatility, fell by 1 thousand to 241 thousand. 2017-08-10T12:30:23.597"
US Crude Oil Inventories Fall More Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 6.451 million barrels in the week ended April 4th, 2017, following a 1.527 million drop in the previous period and above market expectations of a 2.72 million decline. Meanwhile, gasoline stocks increased by 3.424 million, compared to expectations of a 1.479 thousand decrease.2017-08-09T14:31:12.737"
US Wholesale Inventories Post Biggest Gain in 6 Months,Wholesale Inventories,"US Wholesale Inventories Post Biggest Gain in 6 MonthsUnited States Wholesale InventoriesWholesale inventories in the United States increased by 0.7 percent month-over-month to USD 599.4 billion in June 2017, compared with a preliminary estimate of 0.6 percent and following an upwardly revised 0.6 percent rise in May. It was the biggest gain in stocks since December last year, as auto inventories rose 1.4 percent after advancing 0.6 percent in May. Wholesale stocks excluding autos, which goes into the calculation of GDP, rose 0.6 percent in June.2017-08-09T14:05:45.467"
US Stocks Fall Amid North Korea Worries,Stock Market,"US Stocks Fall Amid North Korea WorriesUnited States Stock MarketThe Dow Jones dropped 62 points, or 0.3%, to 22,025 on Monday shortly after the opening bell in New York, on rising tensions between the US and North Korea. Also, the S&P 500 retreated 11 points, or 0.4%, to 2,464; and the Nasdaq declined 58 points, or 0.9%, to 6,312 around 15 minutes after the opening bell.2017-08-09T13:46:20.05"
US Unit Labor Costs Rise at Softer Pace in Q2,Labour Costs,"US Unit Labor Costs Rise at Softer Pace in Q2 United States Labour CostsUnit labor costs in the US nonfarm business sector rose 0.6 percent in the second quarter of 2017, following an upwardly revised 5.4 percent gain in the previous period and missing market expectations of 1.2 percent, the preliminary figure showed. The reading reflects a 1.6 percent increase in hourly compensation and a 0.9 percent growth in productivity. Unit labor costs decreased 0.2 percent over the last four quarters.2017-08-09T12:36:22"
US Productivity Rises More Than Expected in Q2,Productivity,"US Productivity Rises More Than Expected in Q2United States ProductivityNonfarm business sector labor productivity in the United States, which measures hourly output per worker, increased 0.9 percent during the second quarter of 2017, beating market expectations of 0.7 percent and following an upwardly revised 0.1 percent gain in the previous period, the preliminary figure showed. Output grew 3.4 percent and hours worked rose 2.5 percent. Compared with the same period of 2016, productivity went up 1.2 percent, reflecting a 2.7 percent gain in output and a 1.5 percent increase in hours worked.2017-08-09T12:31:51"
US Mortgage Applications Rise 3% In Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Rise 3% In Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States rose 3 percent in the week ending August 4th, 2017, following a 2.8 percent drop in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went up 5.3 percent and applications to purchase a home increased 0.8 percent. The average fixed 30-year mortgage rate declined by 3bps to 4.14 percent.2017-08-09T11:00:53.417"
Stocks in United States Hit All-time High,stock market,Stocks in United States Hit All-time HighUnited States stock marketDow Jones increased to an all-time high of 221302017-08-08T14:19:01.72
US IBD/TIPP Economic Optimism Index At 5-Month High,Economic Optimism Index,US IBD/TIPP Economic Optimism Index At 5-Month HighUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States rose to 52.2 in August 2017 from 50.2 in the previous month and above market expectations of 50.6. It was the highest reading since March. The gauge of the six-month economic outlook rose to 49.9 from 48.4 in July; the personal financial outlook index increased to 60.2 from 60; and the measure of confidence in federal economic policies went up to 47.3 from 42.2.2017-08-08T14:12:45
US Job Openings Hit Record High in June,Job Offers,"US Job Openings Hit Record High in JuneUnited States Job OffersThe number of job openings in the United States increased to an all-time high of 6.163 million in June of 2017 from an upwardly revised 5.702 million in May and better than market expectations of 5.775 million. The number of job openings increased for total private (+417,000) and for government (+44,000). The largest increases were recorded in professional and business services (+179,000), health care and social assistance (+125,000), and construction (+62,000). Job openings decreased in other services (-62,000). The number of job openings increased in the Midwest, West and South regions.2017-08-08T14:05:43"
Optimism Among US Small Businesses Rises in July,NFIB Business Optimism Index,"Optimism Among US Small Businesses Rises in JulyUnited States NFIB Business Optimism IndexThe NFIB's Index of Small Business Optimism in the US rose to 105.2 in July 2017 from 103.6 in June and above market expectations of 103.6. The reading continued to point to the surge in optimism that started after the election, as seven of the 10 Index components posted a gain: Current job openings (5 points to 35); expect real sales higher (5 points to 22); plans to increase employment (4 points to 19, the highest since December 1999); expect economy to improve (4 points to 37); now a good time to expand (2 points to 23); current inventory (1 point to -2); and plans to increase inventories (1 point to 5). Meanwhile, the capital expenditure plans sub-index fell 2 points to 28; and the expected credit conditions component declined 1 point to -4.2017-08-08T10:16:11"
US Stocks Close Higher On Monday,Stock Market,"US Stocks Close Higher On Monday United States Stock MarketThe Dow Jones and the S&P 500 hit fresh records on Monday, as a stronger-than-expected earnings season carries on and despite consumer credit in the US rising only by $12.40 billion in June, following a revised $18.28 billion gain in May and missing market expectations of $15.30 billion. The Dow Jones edged up 26 points or 0.1% to a new record of 22118. The S&P 500 advanced 4 points or 0.2% to a new high of 2481. Meanwhile, the Nasdaq gained 32 points or 0.5% to 6384.2017-08-07T20:05:15.457"
US Consumer Credit Rises Less Than Expected in June,Consumer Credit,"US Consumer Credit Rises Less Than Expected in JuneUnited States Consumer CreditConsumer credit in the United States rose by USD 12.40 billion in June 2017, following a downwardly revised USD 18.28 billion gain in May and missing market expectations of USD 15.30 billion. Revolving credit increased by USD 4.13 billion after rising by USD 6.87 billion in the previous month. Nonrevolving credit went up by USD 8.27 billion, compared with a USD 11.41 billion gain in May.2017-08-07T19:03:47.253"
Dow Jones Hits Fresh Record High,stock market,"Dow Jones Hits Fresh Record HighUnited States stock marketThe Dow Jones hit an all-time high of 22,104 on Monday shortly after the opening bell in New York, as a stronger-than-expected earnings season carries on.2017-08-07T13:28:29"
US Stocks Edge Higher Following Strong Jobs Data,Stock Market,"US Stocks Edge Higher Following Strong Jobs DataUnited States Stock MarketWall Street closed modestly in the green on Friday August 4th of 2017, as non-farm payrolls in the US increased by 209K in July of 2017, below an upwardly revised 231K in June but above market expectations of 183 thousand. The Dow Jones gained 67 points or 0.3% to a new record of 22093. The S&P 500 advanced 5 points or 0.2% to 2477. The Nasdaq added 11 points to 6352. During the week, all the Dow Jones climbed 1.2% and the S&P 500 inched up 0.2%. In contrast, the Nasdaq declined 0.4%. 2017-08-04T20:08:05"
Dollar Jumps 0.7% as US Job Figures Smash Expectations,Currency,"Dollar Jumps 0.7% as US Job Figures Smash ExpectationsUnited States CurrencyThe dollar index jumped 0.7% to 93.47 around 10:15 AM New York time, after a strong jobs report raised expectations of an interest rate hike later this year.2017-08-04T14:27:45.39"
US 10Y Bond Yield Moves Up By 2%,bond,US 10Y Bond Yield Moves Up By 2%united states bondUnited States 10 Year Government Bond Yield increased by 2% to 2.2709%2017-08-04T13:56:29.273
Dow Hits New Record After Strong Jobs Report,stock market,"Dow Hits New Record After Strong Jobs ReportUnited States stock marketThe Dow Jones gained 52 points, or 0.2%, to a new all-time high of 22,078 on Friday, following stronger than expected jobs data from the US. Also, the S&P 500 advanced 6 points, or 0.2%, to 2,478; and the Nasdaq rose 10 points, or 0.2%, to 6,351 around 10 minutes after the opening bell.2017-08-04T13:29:03"
US Imports Drop 0.2% in June,Imports,"US Imports Drop 0.2% in JuneUnited States ImportsTotal imports to the United States fell 0.2 percent month-over-month to USD 238 billion in June 2017, due to lower purchases of industrial supplies and materials, and consumer goods. On a non-seasonally adjusted basis, imports of goods fell from Canada (-1.8 percent) and the EU (-0.7 percent), but rose from Japan (1.8 percent), China (1.2 percent) and Mexico (0.5 percent).2017-08-04T12:39:17"
US Exports Hit 2-1/2-Year High in June,Exports,"US Exports Hit 2-1/2-Year High in JuneUnited States ExportsTotal exports from the United States rose 1.2 percent month-over-month to USD 194.4 billion in June 2017, the highest level since December 2014, as sales of capital goods, food and motor vehicles increased the most. On a non-seasonally adjusted basis, exports of goods rose to Japan (8.3 percent), Mexico (7.4 percent), Canada (1.1 percent) and the EU (0.2 percent), while sales to China dropped 4.7 percent.2017-08-04T12:37:04"
US Trade Gap Narrows to 8-Month Low,Balance of Trade,"US Trade Gap Narrows to 8-Month LowUnited States Balance of TradeThe goods and services deficit in the United States narrowed to USD 43.6 billion in June 2017 from USD 46.4 billion a month earlier and compared to market expectations of a USD 45 billion gap. It was the smallest trade deficit since October 2016, as exports increased to their highest level in 2-1/2 years.2017-08-04T12:34:37.917"
US Economy Adds 209K Jobs in July,Non Farm Payrolls,"US Economy Adds 209K Jobs in JulyUnited States Non Farm PayrollsNon farm payrolls in the US increased by 209K in July of 2017, below an upwardly revised 231K in June but above market expectations of 183 thousand. Employment increased in food services and drinking places, professional and business services, and health care. 

2017-08-04T12:30:28"
US Unemployment Rate Falls to 4.3%,Unemployment Rate,"US Unemployment Rate Falls to 4.3%United States Unemployment RateUS unemployment rate fell one-tenth of a percentage point to 4.3 percent in July 2017, matching a 16-year low touched in May. The number of unemployed persons was little changed at 7.0 million while the labor force participation rate edged up to 62.9 percent. 2017-08-04T12:30:27"
US ISM Non Manufacturing PMI at Near 1-Year Low,Non Manufacturing PMI,"US ISM Non Manufacturing PMI at Near 1-Year LowUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 53.9 in July of 2017, well below 57.4 in June and market expectations of 57. It is the lowest reading since August of 2016 as production, new orders and employment expansion eased and price pressures increased. However, the majority of respondents’ comments were mostly positive about business conditions and the state of the economy. 2017-08-03T14:06:14"
US Factory Orders Grew the Most in 8 Months,Factory Orders,"US Factory Orders Grew the Most in 8 MonthsUnited States Factory OrdersNew orders for manufactured goods in the United States jumped 3 percent month-over-month in June 2017, following a downwardly revised 0.3 percent drop in May and beating market expectations of 2.9 percent. It was the sharpest increase in new orders for US-made goods since October last year, as orders for transportation equipment rose 19 percent, the biggest rise since July 2014. Also, orders rose for machinery (0.4 percent), furniture and related products (1.9 percent), primary metals (0.2 percent) and fabricated metal products (0.1 percent).2017-08-03T14:02:50"
US Services PMI at 6-Month High: Markit,Services PMI,"US Services PMI at 6-Month High: MarkitUnited States Services PMIThe IHS Markit US Services PMI rose to 54.7 in July of 2017 from a preliminary of 54.2 and 54.2 in June. It is the highest reading since January as business activity increased markedly, new orders rose the most in two years and payrolls increased at the fastest pace so far this year. In addition, input cost inflation eased. Business confidence fell from a five-month high in June but remained robust amid improvements in overall activity, new business and strengthening client demand. 2017-08-03T13:52:40.48"
US July Composite PMI Revised Up to 54.6: Markit,Composite Pmi,"US July Composite PMI Revised Up to 54.6: MarkitUnited States Composite PmiThe final seasonally adjusted IHS Markit US Composite PMI Output Index came in at 54.6 in July 2017, above the earlier flash estimate of 54.2 and up from 53.9 in June. The reading pointed to the strongest pace of expansion in the private sector since January, as services sector activity increased the most in six months (PMI at 54.7 from 54.2 in June) and manufacturing output growth was the strongest in four months (PMI at 53.3 from 52 in June).2017-08-03T13:50:27"
US Jobless Claims Fall to 240K,Initial Jobless Claims,"US Jobless Claims Fall to 240KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits dropped by 5 thousand to 240 thousand in the week ended July 29th from the previous week's revised level of 245 thousand and slightly below market expectations of 242 thousand. Meanwhile, the 4-week moving average, which removes week-to-week volatility, fell by 2.5 thousand to 241,750 thousand. 2017-08-03T12:33:59"
US Planned Layoffs at 8-Month Low: Challenger,Challenger Job Cuts,"US Planned Layoffs at 8-Month Low: Challenger United States Challenger Job CutsUS based employers announced plans to shed 28,307 workers from payrolls in July of 2017, a 9 percent decline from 31,105 in June and the lowest since November. Retail lead all sectors with 3,862 announced cuts, followed by health care (3,634); services (2,607); aerospace/defense (2,295); consumer products (1,918); energy (1,614); food (1,601); industrial goods (1,531); financial (1,474); computer (1,448) and automotive (951). Year-on-year, planned layoffs fell 37.6 percent. So far this year, employers announced 255,307 cuts, down 28.9 percent from the 359,100 plans announced through the first seven months of 2016.2017-08-03T11:33:59"
Dow Jones Hits New Record Boosted By Apple Shares,Stock Market,"Dow Jones Hits New Record Boosted By Apple SharesUnited States Stock MarketWall Street closed mixed on Wednesday August 2nd of 2017, as Apple shares rose nearly 5 percent after the company reported better-than-expected earnings and revenues in Q2. In economic news, US private businesses hired 178K workers in July compared to an upwardly revised 191K in June and below expectations of 185K. The Dow Jones gained 52 points or 0.2% to a new record of 22016. The S&P 500 edged up 1 point or 0.1% to 2478. The Nasdaq closed flattish at 6363.2017-08-02T20:05:09"
US Crude Oil Inventories Went Down for 5th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Went Down for 5th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.527 million barrels in the week ended July 28th, 2017, following a 7.208 million drop in the previous period and lower than market expectations of a 2.957 million decline. Gasoline stocks decreased by 2517 thousand, compared to expectations of a 636 thousand decline.2017-08-02T14:34:33"
ISM NY Index Highest Since 2015,Ism New York Index,"ISM NY Index Highest Since 2015United States Ism New York IndexThe ISM New York Current Business Conditions in the United States increased to 62.8 in July of 2017 from 55.5 in June, reaching the highest value since October of 2015. Increases were seen for quantity of purchases (52.8 from 50) and expected revenues (69.4 from 60) while prices paid slowed (52.8 from 60.3). On the other hand, employment (37.8 from 49) and current revenues (44.4 from 46.9) fell more. The six-month outlook declined for the fourth straight time to 58.1 from 64.5.
2017-08-02T13:53:52.067"
"Dow Hits Record 22,000",stock market,"Dow Hits Record 22,000
United States stock marketWall Street opened in the green on Wednesday, boosted by a rally in Apple shares after the company reported better-than-expected earnings and revenues later on Tuesday. The Dow Jones was up 49 points or 0.2% to 22012.8, a new all-time high; the S&P 500 gained 2 points or less than 0.1% at 2478 and the Nasdaq went up 29 points or 0.5% to 6392 around 5 minutes after the opening bell. 2017-08-02T13:29:18"
US Private Sector Adds 178K Jobs in July,ADP Employment Change,"US Private Sector Adds 178K Jobs in JulyUnited States ADP Employment ChangePrivate businesses in the United States hired 178 thousand workers in July of 2017 compared to an upwardly revised 191 thousand in June and below market expectations of 185 thousand. The service-providing sector added 174 thousand jobs, boosted by professional and business (65 thousand); education and health (43 thousand); trade, transportation and utilities (24 thousand); leisure and hospitality (15 thousand); financial activities (13 thousand); information (8 thousand) and other services (5 thousand). The goods-producing sector added 4 thousand jobs due to construction (6 thousand) and natural resources and mining (3 thousand) while the manufacturing sector shed 4 thousand payrolls. Midsized companies were the ones hiring the highest number of workers (83 thousand), followed by small (50 thousand) and large firms (45 thousand). June's data was revised sharply higher to 191 thousand from an initial estimate of 158 thousand. 
2017-08-02T12:22:37"
US Mortgage Applications Decline 2.8%,Mortgage Applications,"US Mortgage Applications Decline 2.8%United States Mortgage ApplicationsMortgage applications in the United States fell 2.8 percent in the week ending July 28th, 2017, following a 0.4 percent gain in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went down 3.8 percent and applications to purchase a home dropped 2 percent. The average fixed 30-year mortgage rate was unchanged at 4.17 percent.2017-08-02T11:04:36.977"
Dow Jones Hits New Record Amid Mixed Economic Data,Stock Market,"Dow Jones Hits New Record Amid Mixed Economic DataUnited States Stock MarketWall Street closed in the green on Tuesday August 1st of 2017 as the earnings season continues with many companies beating expectations including CME and Pfizer while mixed economic data was released. Construction spending dropped 1.3% month-on-month to USD 1.21 trillion in June, the lowest level since September 2016. Also, the ISM manufacturing PMI fell slightly more than expected while the Markit Manufacturing PMI was revised higher. The Dow Jones gained 73 points or 0.3% to a fresh record of 21964. The S&P 500 edged up 6 points or 0.2% to 2476. The Nasdaq advanced 15 points or 0.2% to 6363.2017-08-01T20:05:37"
US Factory Activity Growth Slows in July: ISM,Business Confidence,"US Factory Activity Growth Slows in July: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US fell to 56.3 in July of 2017 from 57.8 in June which was the highest since August of 2014. Figures came slightly below market expectations of 56.5 due to a slowdown in new orders, production and employment. 
2017-08-01T14:07:05.737"
US Construction Spending Unexpectedly Falls in June,Construction Spending,"US Construction Spending Unexpectedly Falls in JuneUnited States Construction SpendingConstruction spending in the US dropped 1.3 percent month-on-month to USD 1.21 trillion in June 2017, the lowest level since September 2016, following an upwardly revised 0.3 percent gain in May and missing market expectations of a 0.4 percent increase. Investment in public projects shrank 5.4 percent, the biggest decline since March 2002, as outlays on educational projects fell 5.5 percent and highways construction spending plunged 6.6 percent. Also, private construction spending declined 0.1 percent.2017-08-01T14:04:49"
US Manufacturing PMI Revised Higher in July: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Higher in July: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI rose to 53.3 in July of 2017 from a preliminary of 53.2 and 52 in June, final figures showed. It is the highest reading in four months as growth in output and new orders rebounded and inflationary pressures were muted. 2017-08-01T13:49:09.253"
US PCE Price Index Unchanged for 2nd Straight Month,PCE Price Index Monthly Change,"US PCE Price Index Unchanged for 2nd Straight MonthUnited States PCE Price Index Monthly ChangeThe price index for personal consumption expenditures in the United States was unchanged for the second straight month in June 2017. Cost of goods fell 0.2 percent after declining by 0.6 percent in the previous month, as prices fell for both nondurable goods (-0.2 percent from -0.8 percent in May) and durable goods (-0.2 percent, the same as in May). By contrast, cost of services edged up 0.1 percent after increasing by 0.2 percent in May. Year-on-year, the PCE price index rose 1.4 percent.2017-08-01T12:40:50.78"
US Core PCE Price Index Rises 0.1% in June,Core PCE Price Index MoM,"US Core PCE Price Index Rises 0.1% in JuneUnited States Core PCE Price Index MoMThe so-called core PCE price index in the United States, which excludes food and energy, went up 0.1 percent month-over-month in June of 2017, the same as in the previous month and matching market expectations. Year-on-year, the core PCE price index rose 1.5 percent compared to an upwardly revised 1.5 percent increase in May. The core PCE is the Fed's preferred inflation measure. The central bank has a 2 percent target.2017-08-01T12:37:06"
US Personal Spending Edges Up 0.1% in June,Personal Spending,"US Personal Spending Edges Up 0.1% in JuneUnited States Personal SpendingPersonal spending in the United States edged up 0.1 percent month-over-month in June of 2017, following an upwardly revised 0.2 percent rise in May and in line with market expectations. A rise in services spending offset declines in purchases of both durable and nondurable goods. Meanwhile, personal income was flat in June, the worst performance in seven months and well below expectations of a 0.4 percent gain. 2017-08-01T12:36:08"
US Personal Income Unexpectedly Flat in June,Personal Income,"US Personal Income Unexpectedly Flat in JuneUnited States Personal IncomePersonal income in the United States was unchanged in June 2017, following a downwardly revised 0.3 percent gain in May and missing market expectations of 0.4 percent. Decreases in personal dividend income (-3 percent from 4.8 percent in May) and personal interest income (-1 percent from -0.9 percent) were partially offset by an increase in compensation of employees (0.4 percent from 0.2 percent). Meanwhile, contributions for government social insurance, a subtraction in the calculation of personal income, rose 0.4 percent after increasing by 0.2 percent in May.2017-08-01T12:32:38"
"Dow Jones Hits Record High, S&P 500 & Nasdaq Slide",Stock Market,"Dow Jones Hits Record High, S&P 500 & Nasdaq SlideUnited States Stock MarketThe Dow Jones gained 61 points or 0.3% to a fresh record high of 21891 on July 31st as earnings results continued to improve investors' mood and WTI crude oil surpassed the $50 per barrel benchmark to book a 9-week high. In contrast, the S&P 500 edged down 2 points or 0.1% to 2470 and the Nasdaq lost 27 points or 0.4% to 6348.2017-07-31T20:07:32"
Dollar Index Hits 14-month Low,currency,Dollar Index Hits 14-month LowUnited States currencyUS Dollar decreased to a 14-month low of 92.892017-07-31T15:59:26.747
Dallas Fed Manufacturing Index Beats Forecasts,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Beats ForecastsUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to 16.8 in July of 2017 from 15 in June, beating market expectations of 13. The production index surged 10.5 points to 22.8; new orders went up 6.5 to 16.1; capacity utilization increased 5.8 to 18.1 and employment edged up 1.6 to 11.2. Meanwhile, the company outlook index jumped 15 points to 25.9, reaching its highest level since 2010. Also, the indexes of future general business activity and future company outlook held steady at 31.6 and 34.8, respectively. Other indexes of future manufacturing activity showed mixed movements but remained solidly in positive territory.


2017-07-31T14:43:06"
US Pending Home Sales Rise More Than Expected,Pending Home Sales,"US Pending Home Sales Rise More Than ExpectedUnited States Pending Home SalesContracts to buy previously owned homes in the United States rose 0.5 percent year-on-year in June of 2017, following a downwardly revised 1.6 percent drop in May. It is the first annual increase in three months. Compared to May, pending home sales jumped 1.5 percent, following a downwardly revised 0.6 percent fall and compared to market expectations of a 0.7 percent rise. Across main four regions, contracts rose in the Northeast (0.7 percent), the South (2.1 percent) and the West (2.9 percent) bu fell 0.5 percent in the Midwest.2017-07-31T14:08:45"
US Chicago Business Barometer Falls to 3-Month Low,Chicago Pmi,"US Chicago Business Barometer Falls to 3-Month LowUnited States Chicago PmiThe MNI Chicago Business Barometer fell to 58.9 in July 2017 from a three-year high of 65.7 in June, missing market expectations of 61.3. It was the lowest reading since April, as the new orders sub-index fell by 11.6 points to 60.3, the lowest level since February, and the production sub-index fell 6.9 points to 60.8, the lowest since April. Also, the order backlogs indicator fell 4.9 points to 57.9 in July from June’s 23-year high, and the supplier deliveries component went down 1.3 points to 61.5, the first fall in five months. The employment indicator slipped 4 points to 52.6, the lowest since March.2017-07-31T13:58:45"
Dow Hits All-Time High,stock market,"Dow Hits All-Time HighUnited States stock marketWall Street opened in the green on Monday and was on track to post monthly gains as earnings results continue to improve investors' mood. In addition, the dollar was up slightly and copper prices reached a 2-year high. The Dow Jones was up 60 points or 0.3% to 21890, a new record high; the S&P 500 added 5 points or 0.2% to 2476 and the Nasdaq traded 18 points or 0.3% higher at 6393 around 5 minutes after the opening bell.2017-07-31T13:29:31"
US Stocks Close Mixed On Friday,Stock Market,"US Stocks Close Mixed On FridayUnited States Stock MarketWall Street closed mixed on Friday July 28th of 2017, as market participants assessed the US economy expansion at an annualized 2.6% in Q2, following a downwardly revised 1.2% growth in Q1 and matching market expectations. Technology shares ended mostly in the green, albeit a 2.5% decline in Amazon stocks following downbeat earnings for Q2. The Dow Jones gained 34 points or 0.2% to a new record of 21830. Contrastingly, the S&P 500 edged down 3 points or 0.1% to 2472, while the Nasdaq lost 8 points or 0.1% to 6374.68. During the week, the three major indices booked mixed results, with the Dow Jones climbing 1.2%, the S&P 500 trading flattish, and the Nasdaq dipping 0.2%. 2017-07-28T20:11:22"
US Consumer Sentiment Remains At 9-Month Low,Consumer Confidence,"US Consumer Sentiment Remains At 9-Month LowUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States was revised up to 93.4 from a preliminary of 93.1 in July of 2017 and compared to 95.1 in June. Still, it is the lowest reading since October of 2016 as the future expectations declined, although less than previously estimated, while barometer of current conditions rose further. 2017-07-28T14:13:24"
Stocks in United States Hit All-time High,stock market,Stocks in United States Hit All-time HighUnited States stock marketDow Jones increased to an all-time high of 217992017-07-28T13:30:49.857
US Employment Cost Rises Less Than Expected,Employment Cost Index,"US Employment Cost Rises Less Than ExpectedUnited States Employment Cost IndexCompensation costs for civilian workers increased 0.5 percent, seasonally adjusted, in the second quarter of 2017 below 0.8 percent reported in Q1 and below market expectations of 0.6 percent. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.5 percent vs 0.8 percent in Q1 and benefits (which make up the remaining 30 percent of compensation) increased 0.6 percent vs 0.7 percent in Q1.2017-07-28T12:37:45.29"
"US GDP Grows 2.6% in Q2, Matches Forecasts",GDP Growth Rate,"US GDP Grows 2.6% in Q2, Matches ForecastsUnited States GDP Growth RateThe US economy advanced an annualized 2.6 percent on quarter in the second quarter of 2017, following a downwardly revised 1.2 percent expansion in the previous period, matching market expectations, an advance estimate showed. The improvement was boosted by strong consumer spending and a rebound in government consumption while exports slowed and housing investment shrank. 2017-07-28T12:33:55"
US Stocks Close Mixed On Thursday,Stock Market,"US Stocks Close Mixed On ThursdayUnited States Stock MarketWall Street closed mixed on Thursday July 27th of 2017, as the US dollar rebounded and volatility spiked amid mixed corporate earnings. Facebook (+2.9%) hit a new fresh record, Verizon (+7.7) reached an 8-year high, and Twitter (-14.1%) plunged after a disappointing quarter of no user growth. The Dow Jones gained 86 points or 0.4% to a new record of 21797. Contrastingly, the S&P 500 edged down 2 points or 0.1% to 2475 and the Nasdaq retreated 41 points or 0.6% to 6382.2017-07-27T20:03:17"
US Stocks Open in Record Territory,Stock Market,"US Stocks Open in Record TerritoryUnited States Stock MarketWall Street opened in the green on Thursday, with the three major stock indexes touching record highs after booking gains in the previous session. The technology sector was among the best performers after Facebook earnings beat expectations. The Dow Jones gained 67 points or 0.3% to 21778, the S&P 500 added 2 points or less than 0.1% to 2480 and the Nasdaq traded 22 points or 0.3% higher at 6445 around 7 minutes after the opening bell.
2017-07-27T13:40:39"
Chicago Fed National Activity Index Rises in June,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Rises in JuneUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States rose to 0.13 in June 2017 from a downwardly revised -0.30 in May, but way below and missing market expectations of 0.35. The contribution from production-related indicators to the index increased to 0.09 in June from –0.16 in May. Also, employment-related indicators contributed 0.06 to the index, up from -0.05 in May, and the sales, orders, and inventories category made a contribution of 0.02 after showing a neutral contribution in May. The personal consumption and housing category contribution edged up to -0.04 from -0.09 in the previous month.2017-07-27T12:39:40"
US Durable Goods Orders Rise the Most in 3 Years,Durable Goods Orders,"US Durable Goods Orders Rise the Most in 3 YearsUnited States Durable Goods OrdersNew orders for US manufactured durable goods jumped 6.5 percent month-over-month in June of 2017, following a downwardly revised 0.1 percent drop in May and beating market expectations of a 3 percent rise. It is the biggest gain since July of 2014, boosted by a 131.2 percent surge in orders for civilian aircraft. However, non-defense capital goods orders excluding aircraft, seen as a proxy for business spending plans decreased 0.1 percent, following an upwardly revised 0.7 percent rise in May and the first drop since December.2017-07-27T12:32:35"
US Jobless Claims Rise More Than Expected,Initial Jobless Claims,"US Jobless Claims Rise More Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 10 thousand to 244 thousand in the week ended July 22nd from the previous week's revised level of 234 thousand and above market expectations of 241 thousand. Meanwhile, the 4-week moving average, which removes week-to-week volatility, was unchanged at 244 thousand. 2017-07-27T12:31:59.383"
US Stocks End Higher On Wednesday And Hit New Highs,Stock Market,"US Stocks End Higher On Wednesday And Hit New HighsUnited States Stock MarketWall Street closed in the green on Wednesday July 26th of 2017, as the Fed left the target range for its federal funds rate unchanged at 1% to 1.25% and said it will start reducing its $4.5 trillion portfolio relatively soon. Boeing (+9.6%) and AT&T (+5.1%) were among the top gainers on Wednesday. The Dow Jones advanced 98 points or 0.5% to a new record of 21711. The S&P 500 edged up 1 point or less than 0.1% to a fresh high of 2478. The Nasdaq gained 11 points or 0.2% to a new record of 6423.2017-07-26T20:02:07"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.2783%2017-07-26T18:58:20.143
Fed Leaves Monetary Policy Steady,Interest Rate,"Fed Leaves Monetary Policy SteadyUnited States Interest RateThe Federal Reserve left the target range for its federal funds rate unchanged at 1 percent to 1.25 percent during its July 2017 meeting and said it will start reducing its USD 4.5 trillion portfolio relatively soon. The committee considered near-term risks to the economic outlook as roughly balanced, but said it will closely monitor inflation.2017-07-26T17:56:44"
US Crude Oil Inventories Fall for 4th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 4th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 7.208 million barrels in the week ended July 21st, 2017, following a 4.727 million drop in the previous period and much higher than market expectations of a 2629 million decline. Gasoline stocks decreased by 1015 thousand, compared to expectations of a 614 thousand decline.2017-07-26T14:32:52.15"
US New Home Sales Rise For 2nd Month,New Home Sales,"US New Home Sales Rise For 2nd MonthUnited States New Home SalesSales of new single-family houses in the United States increased 0.8 percent to a seasonally adjusted annual rate of 610 thousand in June of 2017 from a downwardly revised 605 thousand in May. The figure came below market expectations of 615 thousand. Sales rose in the Midwest and the West but fell in the South and were flat in the Northeast.
2017-07-26T14:02:32"
US Stocks Open at Record High,Stock Market,"US Stocks Open at Record HighUnited States Stock MarketWall Street opened in the green on Wednesday, with all three major indexes hitting record highs after better-than-expected earning reports for companies including Boeing, Coca-Cola and Ford. The Dow Jones gained 94 points or 0.5%, the S&P 500 added 2 points or 0.1% and the Nasdaq traded 15 points or 0.3% higher around 7 minutes after the opening bell.2017-07-26T13:41:11"
US Mortgage Applications Rise 0.4% in Latest Week,Mortgage Applications,"US Mortgage Applications Rise 0.4% in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States edged up 0.4 percent in the week ending July 21st, 2017, following a 6.3 percent jump in the previous period, data from the Mortgage Bankers Association showed. Refinance applications rose 3.4 percent while applications to purchase a home fell 2.2 percent. The average fixed 30-year mortgage rate declined 5bps to 4.17 percent.2017-07-26T11:01:54.73"
US Stocks Edge Higher On Tuesday Amid Strong Earnings,Stock Market,"US Stocks Edge Higher On Tuesday Amid Strong EarningsUnited States Stock MarketWall Street closed in the green on Tuesday amid better than expected earnings report for several companies including Caterpillar, 3M, DuPont, General Motors and McDonald's. Equities were also nudged by a climb in oil and copper prices. The Dow Jones gained 100 points or 0.5% to 21613. The S&P 500 added 7 points or 0.3% to a new high of 2477. The Nasdaq advanced 1 point or less than 0.1% to a fresh record of 6412.2017-07-25T20:03:16"
US Richmond Fed Manufacturing Index Beats Forecasts,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Beats ForecastsUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose to 14 in July of 2017 from an upwardly revised 11 in the previous month and beating market expectations of 7. The improvement was observed for new orders (18 from 14), backlogs of orders (11 from -4), number of employees (10 from 5), average workweek (9 from 1) and wages (17 from 10) while  shipments were steady (at 13). In addition, manufacturing executives remained generally optimistic about activity six months ahead. Almost every measure of expected activity was well into positive territory and each increased, with the exception of the index for vendor lead time, which held steady. 
2017-07-25T14:22:47"
Most US Stocks Rise On Earnings,Stock Market,"Most US Stocks Rise On EarningsUnited States Stock MarketWall Street traded mainly in the green on Tuesday amid better than expected earnings report for several companies including Caterpillar, 3M, DuPont, General Motors and McDonald's. The Dow Jones gained 129 points or 0.6%; the S&P 500 added 7 points or 0.3% to a new high of 2476.7 around 7 minutes after the opening. Meanwhile, the Nasdaq fell 9 points or 0.1%, mainly weighed down by Alphabet.2017-07-25T13:42:48.267"
US House Prices Rise the Least in 4 Months: FHFA,FHFA House Price Index MoM,"US House Prices Rise the Least in 4 Months: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.4 percent month-over-month in May of 2017, below a downwardly revised 0.6 percent rise in the previous month and market expectations of 0.6 percent. For the nine census divisions, price changes ranged from -0.5 percent in the Middle Atlantic division to +1 percent in the West South Central division. Year-on-year, prices increased 6.9 percent.2017-07-25T13:14:46.357"
US Home Prices Rise Less than Expected: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Prices Rise Less than Expected: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite home price index of 20 metropolitan areas in the US rose 5.7 percent year-on-year in May 2017, easing from an upwardly revised 5.8 percent gain in April and below market expectations of a 5.8 percent. Prices rose the most in Seattle (13.3 percent), Portland (8.9 percent) and Denver (7.9 percent). Meanwhile, the national index, covering all nine US census divisions rose 5.6 percent, the same as the prior month.2017-07-25T13:06:45"
Dollar Hits 13-Month Low Ahead of Fed Meeting,currency,"Dollar Hits 13-Month Low Ahead of Fed MeetingUnited States currencyThe dollar index fell 0.3% to 93.79 around 8:00 AM New York time on Tuesday, as the Federal Reserve starts its two day meeting.  While no change in the Fed fund rate is expected, investors will be looking for any details on central bank's plan to trim its USD 4.5 trillion balance sheet.2017-07-25T12:08:50"
US Equities End Mixed On Monday,Stock Market,"US Equities End Mixed On MondayUnited States Stock MarketWall Street closed mixed on Monday July 24th of 2017, as oil stabilized and the US dollar rebounded from a 15-month low ahead of the Fed’s rate decision and more corporate earnings. Banks and tech stocks outperformed on Monday, with the Nasdaq advancing 25 points or 0.4% to reach a fresh record of 6411. Contrastingly, the Dow Jones lost 57 points or 0.3% to 21523 and the S&P 500 edged down 2 points or 0.1% to 2470.2017-07-24T20:02:58"
US Existing Home Sales Fall More than Expected,Existing Home Sales,"US Existing Home Sales Fall More than ExpectedUnited States Existing Home SalesSales of previously owned houses in the United States shrank 1.8 percent month-over-month to a seasonally adjusted annual rate of 5.52 million in June of 2017 from 5.62 million in May. Figures came worse than market expectations of a 0.8 percent decline. Sales of single family houses dropped 2 percent to 4.88 million after rising 1 percent in May and those of condos were flat at 0.64 million, following a 1.6 percent gain. The median house price increased to a new all-time high of $263,800 and the months' worth of supply went up to 4.3 percent from 4.2 percent. In addition, the number of houses available in the market fell to 1.96 million from 1.97 million in May.2017-07-24T14:02:46"
US Private Sector Output Grows The Most In Six Months,Composite Pmi,"US Private Sector Output Grows The Most In Six MonthsUnited States Composite PmiThe seasonally adjusted IHS Markit Flash US Composite PMI Output Index rose to 54.2 in July 2017 from 53.9 in June. The reading pointed to the strongest pace of expansion in the private sector since January,  driven by a steeper increase in manufacturing production (PMI at 53.2 from 52 in June) while service providers activity growth was unchanged from June's five-month high (PMI at 54.2).2017-07-24T13:52:06.893"
US Services PMI Unchanged At 5-Month High,Services PMI,"US Services PMI Unchanged At 5-Month HighUnited States Services PMIThe seasonally adjusted IHS Markit Flash US Services PMI Business Activity Index came in at 54.2 in July 2017, unchanged from the previous month's five-month high and slightly above market expectations of 54.1. New work increased the most since July 2015 amid an improving economic backdrop and greater willingness to spend among clients. leading to stronger job creation and a sustained rise in volumes of work outstanding. On the price front, input cost inflation eased from June's peak while average prices charged rose the least in three months.2017-07-24T13:47:17.613"
US Factory Growth At 4-Month High: Markit,Manufacturing PMI,"US Factory Growth At 4-Month High: MarkitUnited States Manufacturing PMIThe IHS Markit Flash US Manufacturing PMI increased to 53.2 in July of 2017 from 52 in June, beating market expectations of 52.1. It is the highest value in four months as output, new orders, employment and stocks of inputs rose faster.
2017-07-24T13:47:00.947"
US Stocks Edge Down On Friday To End Mixed Week,Stock Market,"US Stocks Edge Down On Friday To End Mixed WeekUnited States Stock MarketWall Street closed modestly down on Friday July 21st of 2017, as Sean Spicer resigned as White House press secretary amid an investigation into US President Donald Trump that adds to policy uncertainty. Within earnings season, General Electric dipped 2.9% on Friday after posting weak earnings and adjusting guidance downwards. The Dow Jones retreated 32 points or 0.2% to 21580. The S&P 500 edged down 1 point or less than 0.1% to 2473. The Nasdaq dropped 2 points or less than 0.1% to 6388. During the week, the Dow Jones fell by 0.3%. Contrastingly, the S&P 500 advanced 0.5% and the Nasdaq jumped 1.2%.2017-07-21T20:03:53"
Dollar Holds At 11-Month Low,currency,"Dollar Holds At 11-Month LowUnited States currencyThe dollar index held at an eleven-month low of 94.09 on Friday, after falling the previous day following news that Robert Mueller, the US special counsel who investigating possible ties between the Trump campaign and Russia, had expanded his probe to transactions involving the businesses of both the president and some of his associates.2017-07-21T06:42:22"
US Stocks End Mixed As Nasdaq Books New Record,Stock Market,"US Stocks End Mixed As Nasdaq Books New RecordUnited States Stock MarketWall Street closed mixed on Thursday July 20th of 2017, as earnings season continued and technology stocks passed their 17-year old high during the dot-com era. The Dow Jones edged down 29 points or 0.1% to 21612, while the S&P 500 closed flattish. Contrastingly, the Nasdaq inched up 5 points or 0.1% to 6390, booking a new record. 2017-07-20T20:10:27"
Philadelphia Fed Manufacturing Index Falls To 8-Month Low,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Falls To 8-Month LowUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index in the US fell to 19.5 in July 2017 from 27.6 in June, below market expectations of 24. It was the lowest reading since November last year, as the shipments index decreased 16 points to 12.2, the new orders index fell 24 points to 2.1, and the employment index dropped 5 points to 10.9. Meanwhile, both the delivery times and unfilled orders indexes were positive for the ninth consecutive month, suggesting longer delivery times and increases in unfilled orders.2017-07-20T12:36:25"
US Jobless Claims Fall To 9-Week Low,Initial Jobless Claims,"US Jobless Claims Fall To 9-Week LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 15 thousand to 233 thousand in the week ended July 15th from the previous week's revised level of 248 thousand, way below market expectations of 245 thousand. Meanwhile, the 4-week moving average, which removes week-to-week volatility, went down by 2.25 thousand to 243.75 thousand. 2017-07-20T12:30:37.84"
US Stocks Book Fresh Records Boosted By Earnings,Stock Market,"US Stocks Book Fresh Records Boosted By EarningsUnited States Stock MarketWall Street closed moderately in the green on Wednesday July 19th of 2017, as oil prices climbed over 1 percent and banks and technology shares rose on strong corporate earnings, with all three major indices reaching new records. The Dow Jones advanced 66 points or 0.3% to 21641. The S&P 500 gained 13 points or 0.5% to 2474. The Nasdaq climbed 41 points or 0.6% to 6385.2017-07-19T20:02:41.907"
US Crude Oil Inventories Fall for 3rd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 3rd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 4.727 million barrels in the week ended July 14th, 2017, following a 7.564 million drop in the previous period and higher than market expectations of a 3.214 million decline. Gasoline stocks decreased by 4445 thousand, compared to expectations of a 655 thousand decline.2017-07-19T14:31:06.68"
S&P And Nasdaq Touch All-Time Highs,Stock Market,"S&P And Nasdaq Touch All-Time HighsUnited States Stock MarketWall Street opened mostly in the green on Wednesday, with the S&P 500 and the Nasdaq touching record highs amid better-than-expected data for housing starts and building permits and mixed earnings reports. The S&P 500 went up 6 points or 0.3% to 2467 and the Nasdaq added 31 points or 0.5% to 6375 around 15 minutes after the opening bell. Meanwhile, the Dow Jones traded near the flatline.2017-07-19T13:47:23"
US Building Permits Rise More Than Expected,Building Permits,"US Building Permits Rise More Than ExpectedUnited States Building PermitsBuilding permits in the United States jumped 7.4 percent to a seasonally adjusted annualized rate of 1,254 thousand in June 2017 from 1,168 thousand in May and above market expectations of 1,200 thousand. Permits for the construction of multi-family homes rose 13.9 percent to 443 thousand in June and single-family authorizations increased for the first time in four months by 4.1 percent to 811 thousand. The number of building permits issued went up in the Midwest (19.7 percent), in the West (9.9 percent), and in the South (6.9 percent), but declined in the Northeast (-13.9 percent).2017-07-19T12:32:39"
US Housing Starts Rebound in June,Housing Starts,"US Housing Starts Rebound in JuneUnited States Housing StartsHousing starts in the United States jumped 8.3 percent from the previous month to a seasonally adjusted annualized rate of 1215 thousand in June 2017. This followed an upwardly revised 1122 thousand in the previous month and beat market expectations of a 5.8 percent rise. It is the strongest construction activity in four months as starts increased in the Northeast, the Midwest and the West.2017-07-19T12:31:54"
US Mortgage Applications Rise 6.3% in Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Rise 6.3% in Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States jumped 6.3 percent in the week ending July 14, 2017, following a 7.4 percent drop in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home went up 1.1 percent and refinance applications rose 13 percent. The average fixed 30-year mortgage rate was unchanged at 4.22 percent.2017-07-19T11:00:22"
Overseas Investors Bought $57.3B Of US Assets In May,Capital Flows,"Overseas Investors Bought $57.3B Of US Assets In MayUnited States Capital FlowsOverseas investors bought USD 57.3 billion of US assets, including short-dated instruments in May of 2017 after buying an upwardly revised USD 74.4 billion in April. Meanwhile, foreigners bought USD 91.9 billion of long-term US securities, including government and corporate, after buying USD 9.7 billion in the previous month. Foreign investors bought USD 46.4 billion of US treasuries, after selling USD 22.5 billion in April.2017-07-18T20:05:02.02"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.259%2017-07-18T14:37:29.487
US Homebuilder Confidence At 8-Month Low In July,Nahb Housing Market Index,"US Homebuilder Confidence At 8-Month Low In JulyUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States fell to 64 in July of 2017 from a downwardly revised 66 in June, below market expectations of 67. It is the lowest reading since November of 2016. The index of current single-family home sales went down 2 points to 70; sales expectations over the next six months declined 2 points to 73 and buyer traffic edged down 1 point to 48.
2017-07-18T14:04:39.977"
US Import Prices Fall For 2nd Month,Import Prices MoM,"US Import Prices Fall For 2nd MonthUnited States Import Prices MoMUS import prices went down 0.2 percent on the month in June of 2017, following a downwardly revised 0.1 percent drop in May, in line with market expectations. Lower fuel prices drove the decline (-2.2 percent from -1.2 percent in May), which more than offset higher nonfuel prices (0.1 percent from 0 percent), namely food, feeds and beverages (0.9 percent from 1 percent) and capital goods (0.2 percent from 0 percent). On the other hand, prices went down for industrial supplies (-0.9 percent from -0.8 percent); motor vehicles and parts (-0.2 percent from 0.1 percent) and consumer goods (-0.1 percent from 0 percent). Year-on-year, import prices increased 1.5 percent. 2017-07-18T12:33:30"
US Export Prices Dip 0.2% In June,Export Prices MoM,"US Export Prices Dip 0.2% In JuneUnited States Export Prices MoMPrices for US exports fell 0.2 percent month-over-month in June 2017 after a downwardly revised 0.5 percent drop in May while markets were expecting prices to remain unchanged. It was the second straight month of decline in export prices, as cost of agricultural goods went down 1.5 percent (-1.6 percent in May), while that of non-agricultural products recorded no change (-0.4 percent in May). Year-on-year, export prices advanced 0.6 percent after rising 1.5 percent in May.2017-07-18T12:33:03"
Dollar At Nearly 11-Month Low,Currency,"Dollar At Nearly 11-Month LowUnited States CurrencyThe dollar index fell 0.4% to 94.80 around 8:45 AM London time on Tuesday, its weakest level since August 25th, on the news that two more Republican senators will oppose the current Republican health-care bill.2017-07-18T07:47:40.123"
NY State Factory Activity Growth Slows In July,NY Empire State Manufacturing Index,"NY State Factory Activity Growth Slows In JulyUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index for the US fell to 9.8 in July of 2017 from 19.8 in June, which was the highest since September of 2014. Figures came well below market expectations of 15. The activity grew slower for new orders (13.3 from 18.1 in June); shipments (10.5 from 22.3); inventories (2.4 from 7.7); delivery time (4.7 from 5.4); number of employees (3.9 from 7.7) and average workweek (0 from 8.5). In addition, unfilled orders shrank (-4.7 from 4.6) and cost increased for both prices paid (21.3 from 20) and received (11 from 10.8). Also, firms were somewhat less optimistic about future conditions than in June as the index for future business conditions fell seven points to 34.9, and the index for future new orders fell nine points to 33.4. 

2017-07-17T12:38:04"
US Stocks Climb To Book Strong Weekly Gains,Stock Market,"US Stocks Climb To Book Strong Weekly GainsUnited States Stock MarketWall Street closed moderately in the green on Friday July 14th of 2017, as softer US inflation strengthened the case for no interest rate move in the September FOMC meeting. Consumer prices rose 1.6% YoY in June, below 1.9% in May and compared to expectations of 1.7%. Financial shares outperformed the market on better-than-expected earnings. The Dow Jones advanced 85 points or 0.4% to 21637, while the S&P 500 gained 11 points or 0.5% to 2459. Both indices booked fresh records. Meanwhile, the Nasdaq climbed 38 points or 0.6% to 6312. During the week, all three major indices notched strong gains, with the Dow Jones surging 1.0%; the S&P500 1.4%; and the Nasdaq 2.6%. 2017-07-14T20:06:35"
US Business Inventories Rise 0.3% In May,Business Inventories,"US Business Inventories Rise 0.3% In MayUnited States Business InventoriesManufacturers’ and trade inventories in the United States increased by 0.3 percent month-over-month in May 2017, following a 0.2 percent drop in April and matching market expectations. The increase was mainly driven by a jump in inventories of autos and parts (1.1 percent from -0.2 percent in April). Also, stocks rose at retailers (0.5 percent from -0.2 percent), and wholesalers (0.4 percent from -0.4 percent). In contrast, inventories at manufacturers edged down 0.1 percent after showing no growth in April.2017-07-14T14:04:02.44"
US Consumer Sentiment Below Estimates In July,Consumer Confidence,"US Consumer Sentiment Below Estimates In JulyUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States fell to 93.1 in July of 2017 from 95.1 in June, well below market estimates of 95, preliminary estimates showed. It is the lowest reading since October of 2016, mainly due to a fall in future expectations. 2017-07-14T14:03:01.237"
Dollar Weakens After US Inflation Data,Currency,"Dollar Weakens After US Inflation DataUnited States CurrencyThe dollar index dropped 0.4% to 95.32 around 9:45 AM New York time on Friday, after weaker-than-expected inflation data from the US reduced chances that the Federal Reserve will increase interest rates in September.2017-07-14T13:44:19"
US Industrial Output Rises More Than Expected In June,Industrial Production Mom,"US Industrial Output Rises More Than Expected In JuneUnited States Industrial Production MomIndustrial production in the United States increased by 0.4 percent month-over-month in June 2017, following an upwardly revised 0.1 percent rise in May and beating market expectations of a 0.3 percent gain. Manufacturing output rebounded from the previous month, while mining rose at a slower pace and utilities showed no growth.2017-07-14T13:15:29"
US Inflation Rate Falls To 8-Month Low Of 1.6%,Inflation Rate,"US Inflation Rate Falls To 8-Month Low Of 1.6%United States Inflation RateConsumer prices in the United States increased 1.6 percent year-on-year in June of 2017, below 1.9 percent in May and compared to market expectations of 1.7 percent. It is the lowest inflation rate since October of 2016 due to a 0.4 percent fall in gasoline prices. On a monthly basis, consumer prices were flat, following a 0.1 percent drop in May and compared to forecasts of 0.1 percent.
2017-07-14T12:31:34"
US Retail Sales Unexpectedly Fall In June,Retail Sales MoM,"US Retail Sales Unexpectedly Fall In JuneUnited States Retail Sales MoMRetail sales in the United States decreased by 0.2 percent month-over-month in June 2017, following a downwardly revised 0.1 percent drop in May and missing market expectations of a 0.1 percent gain. It was the second straight month of decline in retail trade, mainly driven by lower sales at miscellaneous store retailers and gasoline stations. On a year-on-year basis, retail sales rose 2.8 percent.2017-07-14T12:31:22"
US June Budget Deficit Larger Than Expected,Government Budget Value,"US June Budget Deficit Larger Than ExpectedUnited States Government Budget ValueThe US government posted a USD 90 billion budget deficit in June 2017, larger than market expectations of a USD 35 billion gap and compared with a USD 6 billion surplus in the same month of the previous year. Outlays jumped 33 percent to USD 429 billion while receipts increased at a much slower 3 percent to USD 339 billion. 2017-07-13T18:02:34"
US Producer Prices Unexpectedly Rise In June,Producer Price Inflation MoM,"US Producer Prices Unexpectedly Rise In JuneUnited States Producer Price Inflation MoMProducer prices for final demand in the United States rose 0.1 percent month-over-month in June 2017 after being unchanged in May while markets were expecting a 0.1 percent drop. Prices for services moved up 0.2 percent in June, the fourth consecutive increase, boosted by a 0.3 percent advance in the index for final demand services less trade, transportation, and warehousing. Prices for goods edged up 0.1 percent in June, after falling 0.5 percent in the previous month, as food prices climbed 0.6 percent while cost of energy fell 0.5 percent. Excluding food and energy, prices went up 0.1 percent, below a forecast of 0.2 percent gain. Year-on-year, producer prices rose 2 percent while the core index went up 1.9 percent.2017-07-13T12:32:34"
US Initial Claims Fall Less Than Expected,Initial Jobless Claims,"US Initial Claims Fall Less Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased for the first time in a month by 3 thousand to 247 thousand in the week ended July 8th from the previous period, although above market expectations of 245 thousand. Meanwhile, the 4-week moving average which removes week-to-week volatility went up by 2,250 to 245,750. 2017-07-13T12:30:54"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.3141%2017-07-13T00:49:20.547
US Stocks End Higher Nudged By Yellen’s Testimony,Stock Market,"US Stocks End Higher Nudged By Yellen’s TestimonyUnited States Stock MarketWall Street closed in the green on Wednesday, as oil advanced above $45 a barrel and Chairman Janet Yellen signaled the Fed will not rush to hike interest rates as inflation remains below target. Yellen’s testimony to Congress showed that the Fed is likely to start reducing its balance sheet this year as the US economy continues to expand at a moderate pace. The Dow Jones climbed 123 points or 0.6 percent to 21532, booking a new record. The S&P 500 jumped 18 points or 0.7 percent to 2443. The Nasdaq advanced 68 points or 1.1 percent to 6261. 2017-07-12T20:04:09"
US Crude Oil Inventories Fall The Most In 10 Months,Crude Oil Stocks Change,"US Crude Oil Inventories Fall The Most In 10 MonthsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 7.564 million barrels in the week ended July 7th, 2017, following a 6.299 million drop in the previous period and much higher than market expectations of a 2.85 million decline. It is the biggest drop since the week ended September 2nd 2016. Gasoline stocks decreased by 1647 thousand, compared to expectations of a 1147 thousand rise.2017-07-12T14:34:31.36"
US Equities Rally On Yellen Comments,Stock Market,"US Equities Rally On Yellen Comments United States Stock MarketUS stocks traded in the green on Wednesday after US Federal Reserve chief Janet Yellen said that further rates hikes would be gradual and that the central bank is likely to start reducing its USD 4.5 trillion portfolio later this year. The Dow Jones jumped 140 points, or 0.7%, to 21,549; the S&P 500 added 16 points, or 0.7%, to 2,441; and the Nasdaq gained 45 points, or 0.7%, to 6,239 around 20 minutes after the opening bell.2017-07-12T13:53:27"
Fed to Go Ahead With Gradual Rate Hikes,Interest Rate,"Fed to Go Ahead With Gradual Rate Hikes United States Interest RateThe US economy is expected to continue to expand at a moderate pace over the next couple of years although uncertainty persists about low inflation and fiscal and government policies, prepared remarks from Yellen's testimony to Congress showed. Fed's Chair also added that the central bank is likely to start reducing its balance sheet this year. 2017-07-12T13:52:40"
US Mortgage Applications Fall The Most Since November,Mortgage Applications,"US Mortgage Applications Fall The Most Since NovemberUnited States Mortgage ApplicationsMortgage applications in the United States shrank 7.4 percent in the week ended July 7th 2017, following a 1.4 percent rise in the previous period, data from the Mortgage Bankers Association showed. It is the biggest decline since the week ended November 25th of 2016 as applications to purchase a home went down 2.5 percent and refinance applications slumped 13 percent. Average fixed 30-year mortgage rate increased by 2bps to 4.22 percent.2017-07-12T11:06:52.073"
US Job Openings Fall To 4-Month Low,Job Offers,"US Job Openings Fall To 4-Month LowUnited States Job OffersThe number of job openings in the United States fell to 5.666 million in May of 2017 from a downwardly revised 5.967 million in April and below market expectations of 5.95 million. The number of job openings decreased for total private (-283,000) but was little changed for government. Falls were recorded in construction (-46,000) and transportation, warehousing, and utilities (-45,000) while job openings increased in retail trade (+72,000) and educational services (+17,000). The number of job openings decreased in the Midwest, the South and the Midwest but edged up in the West.
2017-07-11T14:06:22.27"
US Wholesale Stocks Post Largest Gain In 5 Months,Wholesale Inventories,"US Wholesale Stocks Post Largest Gain In 5 MonthsUnited States Wholesale InventoriesWholesale inventories in the United States increased 0.4 percent month-over-month in May 2017, above an advance estimate of 0.3 percent and following a 0.4 percent fall in April. It was the largest gain in inventories in five months, as automobile stocks rose 0.7 percent amid declining sales. Also, machinery inventories went up 0.7 percent, petroleum stocks advanced 2.6 percent, and professional equipment inventories grew 0.7 percent. Wholesale stocks excluding autos, which goes into the calculation of GDP, increased 0.3 percent in May.2017-07-11T14:03:48"
US Small Business Optimism Down To 7-Month Low,NFIB Business Optimism Index,"US Small Business Optimism Down To 7-Month LowUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index in the US fell to 103.6 in June of 2017 from 104.5 in May, below market expectations of 104.4. It is the lowest reading since November as declines were seen in plans to increase employment (-3); current job openings (-4); good time to expand (-2) and expectations for the economy to improve (-6) and higher sales (-5). Earnings were flat while improvements were seen in plans to make capital outlays (+2); increase inventories (+3); current inventories (+3) and expected credit conditions (+1). There isn’t much euphoria in the outlook for the second half of the year. Progress is being made, but poorly communicated, and the biggest issues, healthcare and tax reform remain stuck in the bowels of Washington politics. Economic growth in the first half of this year will be about the same for the past three or four years, no real progress. 2017-07-11T10:11:26.19"
US Consumer Credit Rises More Than Expected In May,Consumer Credit,"US Consumer Credit Rises More Than Expected In MayUnited States Consumer CreditConsumer credit in the United States rose by USD 18.4 billion in May 2017, following an upwardly revised USD 12.9 billion gain in April and beating market expectations of USD 12.6 billion. Revolving credit increased by USD 7.4 billion after rising by USD 1.2 billion in the previous month. Nonrevolving credit went up by USD 11.0 billion, compared with a USD 11.8 billion gain in April.2017-07-10T19:04:25.6"
US Stocks End Higher To Book Weekly Gains,Stock Market,"US Stocks End Higher To Book Weekly GainsUnited States Stock MarketWall Street closed moderately in the green on Friday after the jobs report showed the US economy added 222 thousand payrolls in June, beating expectations of 179 thousand. The Dow Jones gained 94 points or 0.4 percent to 21414. The S&P 500 advanced 15 points or 0.6 percent to 2425. The Nasdaq jumped 64 points or 1.0 percent to 6153. During the week ending June 7th of 2017, all three major indices notched modest weekly gains, with the Dow Jones edging up 0.3 percent; the S&P 500 0.1 percent; and the Nasdaq 0.2 percent. 2017-07-07T20:08:30.013"
US Stocks Rise After Strong Payrolls,Stock Market,"US Stocks Rise After Strong PayrollsUnited States Stock MarketWall Street traded higher on Friday after the jobs report showed the US economy added 222 thousand payrolls in June, beating expectations of 179 thousand. The Dow Jones added 95 points or 0.4%, the S&P 500 went up 16 points or 0.7% and the Nasdaq traded 64 points or 1% higher around 12:20 PM NY time.2017-07-07T16:24:48"
US Average Hourly Earnings Rise Less Than Expected,Average Hourly Earnings,"US Average Hourly Earnings Rise Less Than ExpectedUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls in the US rose by 4 cents, or 0.2 percent, to $26.25 in June 2017, following a 0.1 percent gain in May and missing market expectations of a 0.3 percent increase. Over the year, average hourly earnings have risen by 63 cents, or 2.5 percent.2017-07-07T12:52:08"
US Economy Adds 222K Jobs In June,Non Farm Payrolls,"US Economy Adds 222K Jobs In JuneUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 222 thousand in June of 2017, above an upwardly revised 152 thousand in May and compared to market expectations of 179 thousand. It is the highest figure in four months as employment increased in health care, social assistance, financial activities, and mining.2017-07-07T12:31:35"
US Jobless Rate Unexpectedly Rises To 4.4% In June,Unemployment Rate,US Jobless Rate Unexpectedly Rises To 4.4% In JuneUnited States Unemployment RateUS unemployment rate rose to 4.4 percent in June 2017 from the previous month's 16-year low of 4.3 percent and above market expectations of 4.3 percent. The number of unemployed persons was little changed at 7.0 million while the labor force participation rate edged up to 62.8 percent.2017-07-07T12:30:53
US Stocks Stumble Amid Hawkish Central Banks,Stock Market,"US Stocks Stumble Amid Hawkish Central Banks United States Stock MarketWall Street closed deep into the red on Thursday, as hawkish tone from developed-nation central banks as they seek to remove accommodative monetary stimuli continued to roil markets. On the data front, ADP payrolls disappointed and initial claims came slightly higher than expected. The Dow Jones lost 158 points or 0.7 percent to 21320. The S&P 500 retreated 23 points or 0.9 percent to 2410. The Nasdaq plunged 61 points or 1.0 percent to 6089.2017-07-06T20:04:22.763"
US Crude Oil Inventories Fall More Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 6.299 million barrels in the week ended June 30th, 2017, following a 0.118 million rise in the previous period and much higher than market expectations of a 2.2 million decline. It is the biggest drop in five weeks. Gasoline stocks decreased by 3699 thousand, compared to expectations of a 1067 thousand fall. It is the biggest decline since the week ended March 24th.2017-07-06T15:03:33"
US Services Sector Growth Beats Forecasts: ISM,Non Manufacturing PMI,"US Services Sector Growth Beats Forecasts: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States rose to 57.4 in June of 2017 from 56.9 in May, beating market expectations of 56.5. Business activity and new orders went up while employment slowed. The majority of respondents’ comments continue to be positive about business conditions and the overall economy.2017-07-06T14:08:57"
US Services PMI Revised Higher In June: Markit,Services PMI,"US Services PMI Revised Higher In June: MarkitUnited States Services PMIThe IHS Markit US Services PMI increased to 54.2 in June of 2017 from a preliminary of 53 and 53.6 in May. It is the highest reading in five months amid increased new orders and strong client demand. Employment remained strong while input prices rose the most in two years. The degree of optimism among firms in the US services sector increased, with confidence hitting the second-strongest level since May 2015. 2017-07-06T13:56:32"
US Private Sector Growth At 4-Month High,Composite Pmi,"US Private Sector Growth At 4-Month HighUnited States Composite PmiThe final seasonally adjusted IHS Markit US Composite PMI Output Index rose to 53.9 in June 2017, better than a flash estimate of 53 and above May's final reading of 53.6. The reading pointed to the fastest pace of expansion in business activity since February, as output growth picked up to a five-month high in the service sector (PMI at 54.2 from 53.6 in May) while manufacturing activity increased the least in nine months (PMI at 52 from 52.7 in May).2017-07-06T13:50:39"
US Stocks Fall On Thursday,Stock Market,"US Stocks Fall On ThursdayUnited States Stock MarketWall Street opened in the red on Thursday, mainly dragged down by tech shares. On the data front, ADP payrolls disappointed and initial claims came slightly higher than expected. The Dow Jones fell 93 points or 0.4%, the S&P 500 fell 12 points or 0.5% and the Nasdaq lost 44 points or 0.7% around 12 minutes after the opening bell.2017-07-06T13:49:32"
US Imports Fall 0.1% In May,Imports,"US Imports Fall 0.1% In MayUnited States ImportsTotal imports to the United States fell 0.1 percent month-over-month to USD 238.5 billion in May 2017, due to lower purchases of consumer goods, and motor vehicles and parts. On a non-seasonally adjusted basis, imports of goods from Japan declined 1.9 percent; while, purchases from Mexico and Canada grew 8 percent and 8.2 percent, respectively, and those from China jumped 11.6 percent.2017-07-06T12:36:15"
US Jobless Claims Rise To 5-Week High,Initial Jobless Claims,"US Jobless Claims Rise To 5-Week High United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 4 thousand to 248 thousand in the week ended July 1st from the previous week's unrevised level of 244 thousand and above market expectations of 243 thousand. It was the highest level since the week ended May 27th. Meanwhile, the 4-week moving average, which removes week-to-week volatility, increased by 750 to 243 thousand.2017-07-06T12:34:34.517"
US Exports Hit 2-Year High In May,Exports,"US Exports Hit 2-Year High In MayUnited States ExportsTotal exports from the United States rose 0.4 percent month-over-month to USD 192.0 billion in May 2017, the highest level since April 2015, as sales of consumer goods and motor vehicles increased. In contrast, exports of capital goods and civilian aircraft fell. On a non-seasonally adjusted basis, exports of goods rose to China (3.6 percent), Mexico (5.4 percent), Canada (9.6 percent) and Germany (7.4 percent), while sales to Japan dropped 13.4 percent.2017-07-06T12:34:03"
US Trade Deficit Shrinks In May,Balance of Trade,US Trade Deficit Shrinks In MayUnited States Balance of TradeThe goods and services deficit in the United States narrowed to USD 46.5 billion in May of 2017 from a USD 47.6 billion gap a month earlier and compared to market expectations of a USD 46.2 billion shortfall. Exports rose 0.4 percent to the highest value in nearly two years mainly boosted by sales of consumer goods and cell phones.2017-07-06T12:32:47
US Private Employment Rises Less Than Expected: ADP,ADP Employment Change,"US Private Employment Rises Less Than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 158 thousand workers in June of 2017 compared to a downwardly revised 230 thousand in May and below market expectations of 185 thousand. The service-providing sector added 158 thousand jobs, boosted by professional and business (69 thousand); trade, transportation and utilities (30 thousand); education and health (28 thousand); leisure and hospitality (11 thousand) and financial activities (10 thousand). On the other hand, the goods-producing sector was flat as a 6 thousand rise in manufacturing payrolls was offset by a 4 thousand decline in natural resources and mining and a 2 thousand drop in the construction sector. Midsized companies were the ones hiring the highest number of workers (91 thousand), followed by large (50 thousand) and small firms (17 thousand).
2017-07-06T12:25:25"
US Planned Layoffs At 7-Month Low In June: Challenger,Challenger Job Cuts,"US Planned Layoffs At 7-Month Low In June: Challenger United States Challenger Job CutsUS based employers announced plans to shed 31,105 workers from payrolls in June of 2017, 6 percent less than a downwardly revised 33,092 in May. It is the lowest level since November. May’s number was revised sharply down from 51,692 as 20,000 job cuts were reported for Ford. However, Ford is offering 15,000 buyouts to cut 1,400 workers and the revision reflects the 1,400 confirmed cuts. The pace of job cutting is significantly slower compared to the first half of last year. Through the first six months of 2017, employers announced 227,000 planned job cuts, down 28 percent from the 313,754 cuts a year ago. Retailers have announced 60,127 job cuts, 42 percent more year-on-year and the highest first-half total since 2009, when retailers announced 85,698 cuts. 2017-07-06T11:37:38"
US Mortgage Applications Rise In Latest Week,Mortgage Applications,"US Mortgage Applications Rise In Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States increased 1.4 percent in the week ended June 30th 2017, following a 6.2 percent drop in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home went up 3.1 percent while refinance applications edged down 0.4 percent. Average fixed 30-year mortgage rate increased by 7bps to 4.2 percent.2017-07-06T11:02:59.333"
US Stocks End Mixed On Wednesday,Stock Market,"US Stocks End Mixed On WednesdayUnited States Stock MarketWall Street closed mostly in the green on Wednesday, as gains in technology stocks compensated for losses in energy shares caused by a more than 4 percent decline in crude oil prices after the latest data showed that OPEC's exports rose for the second consecutive month in June. The Dow Jones edged down 1 point to stay practically flattish at 21478. Contrastingly, the S&P 500 gained 4 points or 0.2 percent to 2433. The Nasdaq jumped 41 points or 0.7 percent to 6151. 2017-07-05T20:08:36.04"
Fed Ready To Reduce Its Balance Sheet Soon,Interest Rate,"Fed Ready To Reduce Its Balance Sheet SoonUnited States Interest RateThe Federal Reserve is ready to start reducing its USD 4.5 trillion asset portfolio within a couple of months and the effect of such normalization on financial markets is expected to be limited, minutes from last FOMC meeting showed. Policymakers viewed the recent softer inflation as temporary, mainly reflecting idiosyncratic factors. The Fed last raised the target range for the federal funds rate by 25bps to 1 percent to 1.25 percent during its June 2017 meeting.2017-07-05T18:34:33.613"
US IBD/TIPP Economic Optimism Index At 10-Month Low,Economic Optimism Index,"US IBD/TIPP Economic Optimism Index At 10-Month Low United States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index fell to 50.2 in July of 2017, from 51.3 in the previous month and below market expectations of 51.6. It was the lowest reading since September of 2016, as confidence fell following the failure of an ObamaCare replacement bill and growing questions about how well Congress and Trump were working together. The six-month economic outlook decreased 2.8 percent to 48.4 and the confidence in federal economic policies dropped 3.2 percent to 42.2. In contrast, the personal financial outlook went up by 2.8 points to 60. 2017-07-05T14:25:07.793"
US Factory Orders Fall More Than Expected In May,Factory Orders,"US Factory Orders Fall More Than Expected In MayUnited States Factory OrdersNew orders for manufactured goods in the United States fell by 0.8 percent month-over-month in May 2017, following an upwardly revised 0.3 percent drop in April and worse than market expectations of a 0.5 percent decline. It was the biggest drop in new orders for US-made goods since November last year, as orders fell for transport equipment (-3 percent), computers and electronic products (-0.2 percent) and non-durable goods (-0.8 percent). Compared with the same month a year ago, factory orders were up 4.8 percent.2017-07-05T14:03:04"
US ISM New York Index Rises In June,Ism New York Index,"US ISM New York Index Rises In JuneUnited States Ism New York IndexThe ISM New York Current Business Conditions in the United States increased to 55.5 in June of 2017 from 46.7 in May which was the lowest since June of 2016. Employment contracted less (49 from 40.3) and quantity of purchases was nearly unchanged (50 from 55.3). On the other hand, prices paid increased (60.3 from 50) and current (46.9 from 50) and expected (60 from 66.7) revenues fell. The six-month outlook declined for the third month to 64.5, the lowest since February. 2017-07-05T13:51:31.83"
US 10Y Bond Yield Moves Up By 2%,bond,US 10Y Bond Yield Moves Up By 2%united states bondUnited States 10 Year Government Bond Yield increased by 2% to 2.3499%2017-07-04T00:01:08.54
US Stocks End Mixed As Tech Rout Extends,Stock Market,"US Stocks End Mixed As Tech Rout ExtendsUnited States Stock MarketWall Street closed mixed on Monday, as technology shares slipped anew and energy stocks continued to rise on the back of higher crude oil prices, with the WTI trading around 2 percent higher.  The Dow Jones gained 130 points or 0.6 percent to 21479. The S&P 500 edged up 6 points or 0.2 percent to 2429. Contrastingly, the Nasdaq lost 30 points or 0.5 percent to 6110.2017-07-03T20:04:51.153"
US Construction Spending Unchanged In May,Construction Spending,"US Construction Spending Unchanged In May United States Construction SpendingConstruction spending in the US was unchanged at $1.2 trillion in May 2017, following a downwardly revised 0.7 percent fall in April and missing market expectations of a 0.3 percent increase. Spending on public construction went up 2.1 percent, with outlays on educational projects increasing 5.1 percent while highways construction spending declining 0.9 percent. In contrast, private construction spending contracted 0.6 percent, led by lower investment in residential construction (-0.5 percent) while nonresidential structures increased (0.3 percent). Year-on-year, construction spending rose 4.5 percent.2017-07-03T14:09:52"
US Factory Activity Growth At Near 3-Year High: ISM,Business Confidence,"US Factory Activity Growth At Near 3-Year High: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US rose to 57.8 in June 2017 from 54.9 in May and way above market expectations of 55.2. The reading pointed to the strongest rate of expansion since August 2014, as output, new orders and employment grew at faster pace.2017-07-03T14:02:11"
US Manufacturing Growth Slows To 9-Month Low: Markit,Manufacturing PMI,"US Manufacturing Growth Slows To 9-Month Low: MarkitUnited States Manufacturing PMIThe seasonally adjusted IHS Markit final US Manufacturing PMI came in at 52 in June 2017, slightly below the earlier flash estimate of 52.1 and compared with May's final reading of 52.7. The figure pointed to the weakest pace of expansion since September last year, as output, new business and employment growth slowed.2017-07-03T13:48:51"
US Stocks Gain On Banks,Stock Market,"US Stocks Gain On BanksUnited States Stock MarketUS equities traded higher on Monday with bank and technology stocks among the best performers ahead of June's manufacturing activity figures and auto sales. The Dow Jones added 119 points, or 0.6%, to 21,469; the S&P 500 went up 12 points, or 0.5%, to 2,436; and the Nasdaq gained 20 points, or 0.3%, to 6,160 around 10 minutes after the opening bell.2017-07-03T13:44:42"
US Equities End Mixed To Book Weekly Losses,Stock Market,"US Equities End Mixed To Book Weekly LossesUnited States Stock MarketWall Street closed mixed on Friday, as industrials and consumer discretionary stocks led gains, oil prices jumped nearly 3 percent, and technology shares continued to underperform. The Dow Jones ended up 63 points or 0.3 percent to 21350. The S&P 500 inched up 4 points or 0.2 percent to 2423. Contrastingly, the Nasdaq edged down 4 points or 0.1 percent to 6140. During the week, all three major indices booked losses, with the Dow Jones retreating 0.2 percent; the S&P 500 0.6 percent; and the Nasdaq 2.0 percent. 2017-06-30T20:12:23"
US 10Y Bond Yield Hits 6-week High,bond,US 10Y Bond Yield Hits 6-week Highunited states bondUnited States 10 Year Government Bond Yield increased to a 6-week high of 2.3019%2017-06-30T19:25:55.34
Chicago PMI At Over 3-Year High,Chicago Pmi,"Chicago PMI At Over 3-Year HighUnited States Chicago PmiThe MNI Chicago Business Barometer increased to 65.7 in June of 2017 from 59.4 in May, beating market expectations of 58. It is the highest reading since May of 2014 as four of the five components went up, namely new orders (+10.5 to 71.9), production (+4.5 to 67.7) and order backlogs. On the other hand, employment fell slightly. Successive rises in the barometer left the Q2 quarter average at 61.1, significantly above Q1’s 55.1, and the highest level since Q2 2014.2017-06-30T14:18:45.477"
US Consumer Sentiment Revised Up In June,Consumer Confidence,"US Consumer Sentiment Revised Up In JuneUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States was revised higher to 95.1 in June of 2017 from a preliminary reading of 94.5 as current conditions were assessed more positive. However, it is the lowest reading in seven months, on lower future expectations, final figures showed. 2017-06-30T14:11:43"
US Stocks Recover On Last Day Of Q2,Stock Market,"US Stocks Recover On Last Day Of Q2United States Stock MarketWall Street opened in the green on Friday, following losses in the previous session, amid a pause in the tech selloff. The banking sector was among the best performers and Nike shares also increased after better-than-expected earnings report. The Dow Jones added 114 points or 0.5%, the S&P 500 went up 11 points or 0.4% and the Nasdaq gained 22 points or 0.4% around 20 minutes after the opening bell.2017-06-30T13:58:30"
US PCE Price Index Unexpectedly Falls In May,PCE Price Index Monthly Change,"US PCE Price Index Unexpectedly Falls In MayUnited States PCE Price Index Monthly ChangeThe price index for personal consumption expenditures in the United States edged down 0.1 percent month-over-month in May 2017, following a 0.2 percent increase in April and missing market expectations of a 0.1 percent gain. Cost of goods fell 0.6 percent after showing no growth in the previous month, as prices fell for both nondurable goods (-0.8 percent from 0.1 percent in April) and durable goods (-0.2 percent from -0.3 percent). By contrast, cost of services rose by 0.2 percent after increasing by 0.3 percent in April.2017-06-30T13:00:28"
US Personal Consumption Rises The Least In 3 Months,Personal Spending,"US Personal Consumption Rises The Least In 3 MonthsUnited States Personal SpendingPersonal spending in the US edged up 0.1 percent month-over-month in May of 2017, down from a 0.4 percent rise in April and in line with market expectations. It is the smallest gain in three months as spending on durables and nondurables declined. On the other hand, personal income rose 0.4 percent, higher than 0.3 percent in April and above expectations of 0.3 percent. The savings rate increased to 5.5 percent from 5.1 percent. 2017-06-30T12:37:14.167"
US Personal Income Rises More Than Expected In May,Personal Income,"US Personal Income Rises More Than Expected In MayUnited States Personal IncomePersonal income in the United States increased by 0.4 percent month-over-month in May 2017, following a downwardly revised 0.3 percent gain in April and beating market expectations of 0.3 percent. The monthly advance was mainly due to increases in personal dividend income (4.8 percent from 0.4 percent in April), compensation of employees (0.1 percent from 0.5 percent), and nonfarm proprietors' income (0.6 percent from -0.2 percent). Meanwhile, contributions for government social insurance, a subtraction in the calculation of personal income, showed no growth after increasing by 0.4 percent in April.2017-06-30T12:36:15"
US Stocks Decline As Tech Rout Deepens,Stock Market,"US Stocks Decline As Tech Rout DeepensUnited States Stock MarketWall Street closed deep in the red on Thursday, as equities fell the most in seven weeks triggered by a rout in technology shares. Banks shares outperformed after the US Fed cleared stock repurchases. The Dow Jones retreated 168 points or 0.8 percent to 21287. The S&P 500 lost 21 points or 0.9 percent to 2420. The Nasdaq plunged 90 points or 1.4 percent to 6144.2017-06-29T20:18:59"
US Stocks Trade In The Red,Stock Market,"US Stocks Trade In The RedUnited States Stock MarketWall Street traded sharply lower on Thursday, weighed down by losses in the tech sector which offset a rise in bank shares. The Dow Jones  was down 136 points or 0.6%, the S&P 500 lost 19 points or 0.8% and the Nasdaq slumped 94 points or 1.5% around 12:15 PM NY time.2017-06-29T16:20:27"
Dollar Index Hits 38-week Low,currency,Dollar Index Hits 38-week LowUnited States currencyUS Dollar decreased to a 38-week low of 95.682017-06-29T15:16:59.98
US Corporate Profits Fall 2.7% In Q1,Corporate Profits,"US Corporate Profits Fall 2.7% In Q1United States Corporate ProfitsCorporate profits in the United States fell by USD 44.0 billion, or 2.7 percent, to USD 1,567.4 billion in the first quarter of 2017, following a 2.3 percent rise in the previous period and worse than a preliminary reading of a 2.5 percent drop, final figures showed. The undistributed profits shrank by USD 53.8 billion, or 8.5 percent, to USD 575.6 billion while net dividends rose USD 9.8 billion, or 1 percent, to USD 991.8 billion. Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, went down by USD 48.2 billion, or 2.2 percent, to USD 2,143.9 billion.2017-06-29T12:36:02"
US Jobless Claims Above Expectations,Initial Jobless Claims,"US Jobless Claims Above Expectations United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 2 thousand to 244 thousand in the week ended June 24th from the previous week's revised level of 242 thousand and above market expectations of 240 thousand. Claims have now been below 300,000 for 121 straight weeks, the longest such stretch since 1970. Meanwhile, the 4-week moving average, which removes week-to-week volatility, declined 2.75 thousand to 242.25 thousand last week.2017-06-29T12:34:47.637"
US GDP Growth Revised Up to 1.4% In Q1,GDP Growth Rate,"US GDP Growth Revised Up to 1.4% In Q1United States GDP Growth RateThe US economy expanded an annualized 1.4 percent on quarter in the first three months of 2017, better than 1.2 percent in the second estimate, as consumer spending and exports increased more than previously anticipated. On the other hand, non-residential investment was revised lower and the drag from inventories was higher than initially estimated. 2017-06-29T12:34:09"
Dollar At Near 9-Month Low,Currency,"Dollar At Near 9-Month LowUnited States CurrencyThe dollar index fell for the third session on Thursday, reaching 95.8, the lowest since October 3rd. The USD already lost 2.1% since President Trump was elected in November last year, as investors are becoming concerned over Trump's ability to implement promised pro-growth reforms. Also, this week the ECB and the Bank of England have moved towards a more hawkish tone, sending signals that they are preparing to scale back economic stimulus. 
The dollar was down 0.3% against the Euro, 0.3% against the Sterling, 0.4% against the Aussie and 0.2% against the Loonie around 11:45 AM London time. Meanwhile, it gained 0.2% against the Yen. 2017-06-29T10:58:16"
US Stocks Rebound Sharply On Wednesday,Stock Market,"US Stocks Rebound Sharply On WednesdayUnited States Stock MarketWall Street closed sharply in the green on Wednesday, as technology stocks rebounded after global cyberattacks triggered a selloff on Tuesday, and as optimistic readings from central banks lifted risky assets.  The Dow Jones gained 144 points or 0.7 percent to 21455. The S&P 500 advanced 21 points or 0.9 percent to 2441. The Nasdaq surged 88 points or 1.4 percent to 6234.2017-06-28T20:05:24"
US Crude Oil Stocks Increase For 1st Time In 3 Weeks,Crude Oil Stocks Change,"US Crude Oil Stocks Increase For 1st Time In 3 WeeksUnited States Crude Oil Stocks ChangeInventories of crude oil in the United States rose by 0.118 million barrels in the week ended June 23rd, 2017, following a 2.451 million drop in the previous period and compared to market expectations of a 2.585 million decline. Gasoline stocks decreased by 894 thousand, compared to expectations of a 583 thousand fall.2017-06-28T14:37:46.597"
US Pending Home Sales Unexpectedly Fall,Pending Home Sales,"US Pending Home Sales Unexpectedly FallUnited States Pending Home SalesContracts to buy previously owned homes in the United States shrank 1.7 percent year-on-year in May of 2017, following an upwardly revised 3.7 percent drop in April. Compared to the previous month, pending home sales went down 0.8 percent, following an upwardly revised 1.7 percent fall in April and compared to market expectations of a 0.8 percent rise. Across main four regions, contracts fell in the Northeast (-0.8 percent), the South (-1.2 percent) and the West (-1.3 percent) and were flat in the Midwest. 2017-06-28T14:07:58"
US Stocks Rise On Wednesday,Stock Market,"US Stocks Rise On WednesdayUnited States Stock MarketWall Street opened higher on Wednesday, attempting to recover from losses in the previous session, despite a weaker dollar and a delay in the health care bill vote. The Dow Jones went up 100 points or 0.5%, the S&P 500 added 10 points or 0.4% and the Nasdaq gained 12 points or 0.2% around 11 minutes after the opening bell.2017-06-28T13:51:54"
US Mortgage Applications Fall 6.2% In Latest Week,Mortgage Applications,"US Mortgage Applications Fall 6.2% In Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States dropped 6.2 percent in the week ended June 23rd 2017, following a 0.6 percent increase in the previous period, data from the Mortgage Bankers Association showed. Refinance applications fell 8.6 percent and applications to purchase a home declined 4.1 percent. Average fixed 30-year mortgage rate was unchanged at 4.13 percent, the lowest since November of 2016.2017-06-28T11:03:06.133"
US Stocks Fall As Cyberattacks Hit Businesses,Stock Market,"US Stocks Fall As Cyberattacks Hit BusinessesUnited States Stock MarketWall Street closed in the red on Tuesday, as several global business reported cyberattacks in the form of ransomware against their computer systems. Technology shares led declines, with the sector also shaken by a $2.71 billion fine imposed by the European Union on Google (-2.5% on the session) for favoring its shopping service in search results. The Dow Jones lost 99 points or 0.5 percent to 21311. The S&P retreated 20 points or 0.8 percent to 2419. The Nasdaq plunged 101 points or 1.6 percent to 6147. 2017-06-27T20:04:55"
US Richmond Fed Manufacturing Index Beats Forecasts,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Beats ForecastsUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia rose to 7 in June of 2017 from 1 in the previous month, beating market expectations of 4. Shipments (11 from -2) and new orders (6 from 0) increased while employment was relatively flat (5 from 6). Looking six months ahead, manufacturing executives were more optimistic in June than in May. The capital expenditures index declined to 26 from 34 and the expected shipments metric inched down to 38 from 39.
2017-06-27T14:09:32.767"
US Stocks Open Lower As Tech Shares Tumble,Stock Market,"US Stocks Open Lower As Tech Shares TumbleUnited States Stock MarketWall Street opened in the red on Tuesday after Google has been hit with $2.7 billion fine by the European Union for breaking antitrust law. The Nasdaq slumped 29 points or 0.5% to 6219, the Dow Jones was down 24 points or 0.1% to 21386 and the S&P 500 declined 5 points or 0.2% to 2434 around 10 minutes after the opening bell. 2017-06-27T13:40:25"
US House Prices Rise Less Than Expected: Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise Less Than Expected: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite home price index of 20 metropolitan areas in the US rose 5.7 percent year-on-year in April of 2017, below 5.9 percent in March and lower than market expectations of a 5.9 percent gain. Prices rose the most in Seattle (12.9 percent), Portland (9.3 percent) and Dallas (8.4 percent). Meanwhile, the national index, covering all nine US census divisions rose 5.5 percent, down from 5.6 percent in March.2017-06-27T13:06:16"
Texas Manufacturing Expands At A Slower Pace In June,Dallas Fed Manufacturing Index,"Texas Manufacturing Expands At A Slower Pace In JuneUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to a seven-month low of 15 in June 2017 from 17.2 in May, missing market expectations of 16. The production index dropped 11 points to 12.3, and the new orders index decreased 8.5 points to 9.6. Also, the capacity utilization index declined 7.1 points to 12.3, and the shipments index retreated 16.2 points to 8.5 after surging last month. Still, expectations regarding future business conditions continued to improve, as the index of future general business activity was almost unchanged at 31.9, while the index of future company outlook rose 4.7 points from last month's reading to 35.6.2017-06-26T14:38:04"
US Stocks Rise On Monday,Stock Market,"US Stocks Rise On MondayUnited States Stock MarketWall Street opened in the green on Monday amid a slight recovery in oil prices and mainly boosted by tech and bank shares. The Dow Jones was up 5 points or 0.3%, the S&P 500 added 8 points or 0.4% and the Nasdaq gained 37 points or 0.6% around 9 minutes after the opening bell. 2017-06-26T13:42:59"
Chicago Fed National Activity Index Falls Sharply In May,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Falls Sharply In MayUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States fell to -0.26 in May 2017 from an upwardly revised 0.57 in April and missing market expectations of 0.20. It was the lowest reading since January, led by declines in production-related indicators (-0.16 from 0.53 in April). Also, employment-related indicators contributed –0.02 to the index, down from 0.12 in April, and the contribution of the personal consumption and housing category edged down to -0.09 from -0.07 in the previous month. By contrast, the sales, orders, and inventories category made a contribution of 0.02 to the CFNAI in May, up slightly from –0.01 in April.2017-06-26T12:34:49"
US Durable Goods Orders Fall For 2nd Month,Durable Goods Orders,"US Durable Goods Orders Fall For 2nd MonthUnited States Durable Goods OrdersNew orders for US manufactured durable goods fell 1.1 percent month-over-month in May of 2017, following an upwardly revised 0.9 percent drop in April. Figures came worse than market expectations of a 0.9 percent decline, mainly driven by a 3.4 percent slump in transport equipment. Non-defense capital goods orders excluding aircraft, seen as a proxy for business spending plans decreased 0.2 percent. 2017-06-26T12:31:54"
US Stocks End Mixed To Book Weekly Gains,Stock Market,"US Stocks End Mixed To Book Weekly GainsUnited States Stock MarketWall Street closed mostly in the green on Friday, as oil stabilized but still decline around 4 percent over the last 5 days and booked its fifth weekly retreat. Technology and health-care shares offset sluggish energy equities. The Dow Jones closed flattish at 21396. Contrastingly, the S&P 500 gained 4 points or 0.2 percent to 2438. The Nasdaq advanced 29 points or 0.5 percent to 6265, closing with a strong weekly gain of 1.8 percent. Meanwhile, the Dow Jones and S&P 500 advanced 0.1 percent and 0.2 percent, respectively.2017-06-23T20:07:34"
US New Home Sales Beat Forecasts,New Home Sales,"US New Home Sales Beat ForecastsUnited States New Home SalesSales of new single-family houses in the United States increased 2.9 percent to a seasonally adjusted annual rate of 610 thousand in May of 2017 from an upwardly revised 593 thousand in April. The figure came above market expectations of 597 thousand, as sales rose in the South and the West.2017-06-23T14:03:48"
US Private Sector Output Growth Slows In June: Markit,Composite Pmi,"US Private Sector Output Growth Slows In June: MarkitUnited States Composite PmiThe IHS Markit Flash US Composite PMI Output Index went down to 53 in June 2017 from 53.6 in May. The reading pointed to the slowest pace of expansion in business activity for three months, as output growth slowed for both service sector (PMI at 53 from 53.6 in May) and manufacturing (PMI at 52.1 from 52.7 in May). Still, new work rose the most since January, business optimism rebounded to to its strongest level since the start of the year, and the pace of job creation hit a four-month in June. On the price front, input cost inflation remained softer than April's 22-month high, while average prices charged by private sector firms increased at the fastest pace so far this year. 2017-06-23T13:52:00"
US Service Sector Expands The Least In 3 Months: Markit,Services PMI,"US Service Sector Expands The Least In 3 Months: MarkitUnited States Services PMIThe IHS Markit Flash US Services PMI Business Activity Index fell to 53 in June 2017 from 53.6 in the previous month, missing market expectations of 53.7. The figure pointed to the slowest upturn in service sector output since March while new work increased at the fastest pace since January and employment grew further. Also, sentiment regarding output growth for the next 12 months was the highest since January. On the price front, the rate of input cost inflation was the strongest for two years, boosted by higher staff salaries and rising raw material prices. Also, output prices rose the most since April 2015.2017-06-23T13:47:54"
US Factory Growth At 9-Month Low: PMI,Manufacturing PMI,"US Factory Growth At 9-Month Low: PMI United States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 52.1 in June of 2017 from 52.7 in May and well below market expectations of 53, flash estimates showed. It is the lowest reading since September of 2016 as output and new business growth slowed, offsetting stronger contributions from job creation and inventory building.2017-06-23T13:47:30.763"
US House Prices Above Forecasts: FHFA,FHFA House Price Index MoM,"US House Prices Above Forecasts: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.7 percent month-over-month in April of 2017, the same as an upwardly revised 0.7 percent rise in March and well above market expectations of 0.4 percent. For the nine census divisions, price changes ranged from -0.1 percent in the East South Central division to +1.6 percent in the West South Central division. Year-on-year, prices increased 6.8 percent.2017-06-22T13:05:22"
US Jobless Claims Rise To 241K In Latest Week,Initial Jobless Claims,"US Jobless Claims Rise To 241K In Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 3 thousand to 241 thousand in the week ended June 17th from the previous week's revised level of 238 thousand and above market expectations of 240 thousand. Claims have now been below 300,000 for 120 straight weeks, the longest such stretch since 1970. Meanwhile, the 4-week moving average, which removes week-to-week volatility, rose 1.5 thousand to 244.75 thousand last week, the highest since early April.2017-06-22T12:30:31"
US Stocks End Mixed As Technology Shares Climb,Stock Market,"US Stocks End Mixed As Technology Shares ClimbUnited States Stock MarketWall Street closed mixed on Wednesday, as crude oil fell over 2 percent to book its biggest drop in a month, falling deeper into a bear market on worries of a global supply glut. Technology stocks decoupled from losses and continue to rebound from its steepest selloff in the year. The Dow Jones lost 57 points or 0.3 percent to 21410. The S&P 500 edged down 1 point or 0.1 percent to 2436. In contrast, the Nasdaq eked out a 46-point gain, or 0.7 percent, to 6234.  2017-06-21T20:05:53"
US Crude Oil Stocks Fall More Than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Fall More Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 2.451 million barrels in the week ended June 16th, 2017, following a 1.661 million drop in the previous period and compared to market expectations of a 2.106 million decline. Gasoline stocks decreased by 578 thousand, compared to expectations of a 443 thousand increase.2017-06-21T14:32:52.883"
US Existing Home Sales Beat Forecasts,Existing Home Sales,"US Existing Home Sales Beat Forecasts United States Existing Home SalesSales of previously owned houses in the United States went up 1.1 percent month-over-month to a seasonally adjusted annual rate of 5.62 million in May of 2017, following a downwardly revised 5.56 million in the previous month and beating market expectations of a 0.5 percent drop. Sales of single family houses went up 1 percent to 4.98 million after falling by 2.8 percent in the previous month and those of condos increased 1.6 percent to 0.64 million, following a flat reading in April. The median house price increased to an all-time high of $252,800 and the months' worth of supply went up to 4.2 percent from 4.1 percent. In addition, the number of houses available in the market increased to 1.96 million from 1.92 million in April.2017-06-21T14:06:04"
United States Mortgage Applications Rise 0.6%,Mortgage Applications,"United States Mortgage Applications Rise 0.6%United States Mortgage ApplicationsMortgage applications in the United States went up 0.6 percent in the week ended June 16th 2017, following a 2.8 percent increase in the previous period, data from the Mortgage Bankers Association showed. Refinance applications rose 2.1 percent while applications to purchase a home shrank 1 percent. Average fixed 30-year mortgage rate were steady at 4.13 percent, the lowest since November of 2016.2017-06-21T11:00:42.03"
US Stocks Close Lower Amid Bear Oil Market,Stock Market,"US Stocks Close Lower Amid Bear Oil MarketUnited States Stock Market Wall Street closed moderately in the red on Tuesday, as oil and gas companies fell more than 1.4 percent as crude oil slid into a bear market to trade at $43.3 per barrel (WTI), falling 2 percent in the session. The Dow Jones lost 62 points or 0.3 percent to 21467. The S&P 500 retreated 16 points or 0.7 percent to 2437. The Nasdaq dropped 51 points or 0.8 percent to 6188.2017-06-20T20:05:24"
US Current Account Gap Below Expectations In Q1,Current Account,"US Current Account Gap Below Expectations In Q1United States Current AccountThe current account deficit in the United States widened to USD 116.8 billion or 2.5 percent of the GDP in the first quarter of 2017 from an upwardly revised USD 114 billion in the previous period but below market expectations of a USD 123.8 billion shortfall. The goods gap widened by USD 5.3 billion to USD 200.3 billion. Exports went up 3.6 percent to USD 383.7 billion driven by industrial supplies and materials, largely petroleum and products, automotive vehicles, parts, and engines. Imports rose 3.3 percent to USD 583.9 billion, boosted by industrial supplies and materials, mostly crude oil, capital goods except automotive, automotive vehicles, parts, and engines. The primary income surplus narrowed by USD 3.6 billion to USD 47.7 billion. On the other hand, the deficit on secondary income fell by USD 5.8 billion to USD 25.5 billion and the surplus on services went up by USD 0.3 billion to USD 61.3 billion.2017-06-20T12:37:34"
US Shares Jump On Monday As Tech Stocks Rise,Stock Market,"US Shares Jump On Monday As Tech Stocks Rise United States Stock MarketWall Street closed in the green on Monday, as large-cap technology stocks rebounded following two weeks of decline to nudge the S&P 500 and Dow to fresh records. Apple and the so-called FANGs led the way, climbing almost 3 percent in the session. Contrastingly, commodities continued to slump and crude oil touched a 6-week low of 44.6 per barrel, raising questions about their impact on inflation expectations and the Fed’s hawkish tone. The Dow Jones advanced 145 points or 0.7 percent to 21529. The S&P 500 gained 20 points or 0.8 percent to 2453. The Nasdaq surged 87 points or 1.4 percent to 6239.2017-06-19T20:05:11"
Dow And S&P Hit All-Time High,stock market,"Dow And S&P Hit All-Time HighUnited States stock marketWall Street opened in the green on Monday amid a recovery in tech shares, with Alphabet, Facebook, Amazon, Apple and Netflix rising more than 1%. The Dow Jones went up 80 points or 0.4% to a new high of 21463; the S&P 500 added 12 points or 0.5% to a record of 2444.9 and the Nasdaq jumped 59 points or 1% to 6211 around 15 minutes after the opening bell.2017-06-19T13:28:42"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.1583%2017-06-19T01:01:17.407
US Stocks End Mixed On Friday,Stock Market,"US Stocks End Mixed On FridayUnited States Stock MarketWall Street closed the week mixed, as Amazon’s bid for Whole Foods roiled food retailers’ stocks. Energy shares advanced in response to an advance in oil prices. The Dow Jones gained 25 points or 0.1 percent to 21384. Contrastingly, the S&P 500 closed flattish and the Nasdaq lost 14 points or 0.2 percent to 6152. During the week, the Dow Jones advanced 0.5 percent and the S&P 500 0.1 percent. The Nasdaq retreated 0.9 percent amid an extended selloff in technology stocks. 2017-06-16T20:07:08.79"
US Consumer Sentiment Falls To 7-Month Low,Consumer Confidence,"US Consumer Sentiment Falls To 7-Month LowUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States went down to 94.5 in June of 2017 from 97.1 in May and well below market expectations of 97. It is the lowest reading in seven months as both present and future expectations declined, preliminary estimates showed. The recent erosion of confidence was due to more negative perceptions of the proposed economic policies among Democrats and the reduced likelihood of passage of these policies among Republicans.2017-06-16T14:04:08"
US Housing Starts At 8-Month Low,Housing Starts,"US Housing Starts At 8-Month LowUnited States Housing StartsHousing starts in the United States slumped 5.5 percent from the previous month to a seasonally adjusted annualized rate of 1092 thousand in May of 2017, following a downwardly revised 1156 thousand in the previous month and compared to market expectations of a 4.1 percent rise. It is the weakest construction activity in eight months as starts plunged in the Midwest and the South. 2017-06-16T12:32:44.233"
US Building Permits Fall To 13-Month Low In May,Building Permits,"US Building Permits Fall To 13-Month Low In MayUnited States Building PermitsBuilding permits in the United States dropped 4.9 percent to a seasonally adjusted annualized rate of 1,168 thousand in May 2017 from 1,228 thousand in April and way below market expectations of 1,247 thousand. It was the lowest figure since April last year, as authorizations of units in buildings with five units or more fell 10.1 percent to 358 thousand in May and single-family authorizations declined 1.9 percent to 779 thousand. Among regions, building permits decreased in the West (-13.1 percent), in the Midwest (-9.4 percent) and in the South (-0.3 percent), but rose in the Northeast (3.3 percent).2017-06-16T12:32:39"
Overseas Investors Buy $65.8B Of US Assets In April,Capital Flows,"Overseas Investors Buy $65.8B Of US Assets In AprilUnited States Capital FlowsOverseas investors bought USD 65.8 billion of US assets, including short-dated instruments in April of 2017 after buying an upwardly revised USD 9.3 billion in March. Meanwhile, foreigners bought USD 1.8 billion of long-term US securities, including government and corporate, after buying USD 59.7 billion in the previous month. Foreign investors sold USD 22.5 billion of US treasuries, after buying USD 24.4 billion in March.2017-06-15T20:16:05.97"
US Stocks Drop As Tech Shares Resume Selloff,Stock Market,"US Stocks Drop As Tech Shares Resume SelloffUnited States Stock MarketWall Street closed in the red on Thursday, as large-cap technology shares (also known as the FANG cohort) resumed the downward trend that started last Friday, and as investors digested the hawkish FOMC tone of Wednesday’s policy decision. The Dow Jones closed down 15 points or 0.1 percent to 21360. The S&P 500 lost 5 points or 0.2 percent to 2432. The Nasdaq dipped 29 points or 0.5 percent to 6166.2017-06-15T20:04:34"
US Stocks Fall As Tech Shares Tumble,Stock Market,"US Stocks Fall As Tech Shares TumbleUnited States Stock MarketWall Street traded in the red on Thursday amid a renewed tech selloff, with Alphabet, Facebook and Netflix losing more than 2% and Apple falling 1.4%. The Dow Jones was down 81 points or 0.4% to 21293; the S&P 500 declined 16 points or 0.7% to 2422 and the Nasdaq slumped 72 points or 1.2% to 6122 around 10:15 AM NY time.
2017-06-15T14:19:24"
US Homebuilder Sentiment At 4-Month Low,Nahb Housing Market Index,US Homebuilder Sentiment At 4-Month LowUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States fell to 67 in June of 2017 from a downwardly revised 69 in May and below market expectations of 70. It is the lowest reading in four months. The index of current single-family home sales went down 2 points to 73; sales expectations over the next six months declined 2 points to 76 and buyer traffic edged down 2 points to 49.2017-06-15T14:12:12
US Industrial Output Unchanged In May,Industrial Production Mom,"US Industrial Output Unchanged In MayUnited States Industrial Production MomIndustrial production in the United States was flat month-over-month in May of 2017, following an upwardly revised 1.1 percent rise in April and compared to market expectations of a 0.2 percent gain. Manufacturing went down 0.4 percent, offsetting a 1.6 percent rise in mining and a 0.4 percent gain in utilities. Year-on-year, industrial output increased 2.2 percent, following a downwardly revised 2.1 percent rise in April. It is the biggest annual increase since January of 2015 as mining jumped 8.3 percent, manufacturing rose 1.4 percent and utilities edged up 0.1 percent. 
2017-06-15T13:21:02"
Philadelphia Manufacturing Activity Expands At Slower Pace,Philadelphia Fed Manufacturing Index,"Philadelphia Manufacturing Activity Expands At Slower PaceUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index fell to 27.6 in June of 2017 from 38.8 in May, above market expectations of 24. Declines were recorded for shipments (28.5 from 39.1); employment (16.1 from 17.3) and the average workweek (20.5 from 21.7) while delivery times went up (13.9 from 6.4). On the other hand, the situation improved in new orders (25.9 from 25.4 in May); unfilled orders (14 from 9) and inventories (5.8 from 1.4). Prices received went up (20.6 from 15.3) while prices paid eased (23.6 from 24.2). Overall, the June reading suggests continued growth for the region’s manufacturing sector. 2017-06-15T12:55:19"
US Export Prices Fall The Most Since August,Export Prices MoM,"US Export Prices Fall The Most Since AugustUnited States Export Prices MoMThe price index for overall exports fell 0.7 percent in May following increases of 0.2 percent in each of the previous 2 months. The May decrease was the first monthly drop since August 2016 when the  index declined 0.8 percent. Prices for agricultural exports declined 1.6 percent, the first monthly decrease since December as falling prices for vegetables and fruit (-24.9 percent) more than offset rising prices for soybeans, meat, wheat and corn. Nonagricultural export prices decreased 0.6 percent in May, led by falling prices for nonagricultural industrial supplies and materials which more than offset higher prices for both capital goods and consumer goods. Year over year, the index rose 1.4 percent with agricultural cost ticking up 0.1 percent and nonagricultural increasing 1.5 percent.2017-06-15T12:51:47"
US Import Prices Fall The Most In 15 Months,Import Prices MoM,"US Import Prices Fall The Most In 15 MonthsUnited States Import Prices MoMUS import prices went down 0.3 percent on the month in May of 2017, following a downwardly revised 0.2 percent rise in April and worse than market expectations of a 0.1 percent fall. It is the biggest decline since February of 2016 as fuel prices fell further (-3.7 percent vs -0.3 percent in April). Non-fuel prices were flat (from 0.3 percent) as decline in nonfuel industrial supplies and materials offset price increases for foods, feeds, beverages and automotive vehicles. Prices of capital goods and consumer goods were also unchanged. Year over year, the index rose 2.1 percent with fuel prices surging 16.9 percent and nonfuel prices advancing 0.8 percent.2017-06-15T12:46:36"
NY State Factory Activity Rises The Most Since 2014,NY Empire State Manufacturing Index,"NY State Factory Activity Rises The Most Since 2014United States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index for the US jumped to 19.8 in June of 2017 from -1 in May, beating market expectations of 4. It is the highest value since September of 2014. Increases were recorded for new orders (18.1 from -4.4 in May); shipments (22.3 from 10.6); inventories (7.7 from -0.7); unfilled orders (4.6 from -3.7). Prices received (10.8 from 4.5) went up and those paid eased (5.4 from 6.7). On the other hand, delivery time (5.4 from 6.7) and employment (7.7 from 11.9) slowed while the average workweek went up (8.5 from 7.5). The six-month outlook rose to 41.7 from 39.3, suggesting firms continued to expect conditions to improve. 2017-06-15T12:44:14.487"
US Jobless Claims Fall to 237K,Initial Jobless Claims,"US Jobless Claims Fall to 237KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 8 thousand to 237 thousand in the week ended June 10th 2017, compared to market expectations of 242 thousand.   The four-week moving average of claims, considered a better measure of labor market trends as it irons out week-to-week volatility, rose 1,000 to 243,000 last week2017-06-15T12:35:16.483"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.1238%2017-06-14T20:39:08.887
US Stocks Trim Losses After Rate Hike,Stock Market,"US Stocks Trim Losses After Rate HikeUnited States Stock MarketWall Street closed mixed on Wednesday, with the S&P 500 and Nasdaq trimming losses and the Dow Jones jumping to the green late in the session after the FOMC’s statement release. The Fed raised the target range for its federal funds rate by 25bps to 1 percent to 1.25 percent during its June meeting, matching expectations. Policymakers kept forecasts for three rate hikes this year while increasing growth projections and lowering inflation expectations. The Fed also said starting “this year” it would gradually shrink its $4.5 trillion balance sheet. The Dow Jones edged up 46 points or 0.2 percent to book a fresh record of 21375. Contrastingly, the S&P edged down 2 points or 0.1 percent to 2438. The Nasdaq retreated 25 points or 0.4 percent to 6195. 2017-06-14T20:04:46"
Fed Raises Rate To 1.25%,Interest Rate,"Fed Raises Rate To 1.25%United States Interest RateThe Federal Reserve raised the target range for its federal funds rate by 25bps to 1 percent to 1.25 percent during its June 2017 meeting, in line with market expectations. Policymakers kept forecasts for three rate hikes this year while increasing growth projections and lowering inflation expectations. In addition, details on how the central bank will start reducing its USD 4.5 trillion portfolio were also provided.2017-06-14T17:59:51"
US Crude Oil Stocks Fall Less Than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Fall Less Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.661 million barrels in the week ended June 9th, 2017, following a 3.295 million increase in the previous period and compared to market expectations of a 2.739 million decline. Gasoline stocks went up by 2096 thousand, compared to expectations of a 457 thousand decrease.2017-06-14T14:41:51.94"
US Business Inventories Fall 0.2% In April,Business Inventories,"US Business Inventories Fall 0.2% In AprilUnited States Business InventoriesManufacturers’ and trade inventories in the United States fell 0.2 percent month-over-month in April of 2017, following a 0.2 percent rise in March and matching market expectations. It is the biggest decline in six months. Inventories at wholesalers declined 0.5 percent; retailers fell 0.2 percent and those of autos and parts were down 0.4 percent. In contrast, inventories at manufacturers edged up 0.1 percent. Retail inventories excluding autos, which go into the calculation of gross domestic product, decreased 0.2 percent.2017-06-14T14:12:19.983"
Dow Jones Hits Record High At Open,stock market,"Dow Jones Hits Record High At OpenUnited States stock marketWall Street opened mainly flat on Wednesday after data for inflation and retail sales disappointed while investors await the Fed monetary policy decision later in the day. The Dow Jones increased 6 points or less than 0.1% to a new high of 21334.9 around 9 minutes after the opening bell. Meanwhile, the S&P 500 and the Nasdaq traded around the flatline at 2439.9 and 6214.9 respectively.2017-06-14T13:29:08"
Dollar Hits 8-Month Low,currency,Dollar Hits 8-Month LowUnited States currencyThe dollar index fell to the lowest level since October 5th last year on Wednesday after the US inflation rate came in lower than expected and retail sales decreased the most in 16 months. The DXY was down near 0.5% to 96.5 around 09:45 AM NY time. 2017-06-14T12:59:52
US Retail Sales Fall The Most In 16 Months,Retail Sales MoM,"US Retail Sales Fall The Most In 16 Months United States Retail Sales MoMRetail sales in the United States decreased by 0.3 percent month-over-month in May of 2017, following a 0.4 percent rise in April and missing market expectations of a 0.1 percent gain. It was the biggest decline since January of 2016, driven by lower sales of motor vehicles, electronics & appliance stores, gasoline stations, sporting goods, hobby, book & music stores and general merchandise stores. On a year-on-year basis, retail sales rose 3.8 percent.2017-06-14T12:34:48.85"
US Inflation Rate Falls To 6-Month Low Of 1.9%,Inflation Rate,"US Inflation Rate Falls To 6-Month Low Of 1.9%United States Inflation RateConsumer prices in the United States increased 1.9 percent year-on-year in May of 2017, easing from a 2.2 percent rise in April and below market expectations of 2 percent. It is the lowest inflation rate since November last year although it was still above the 1.6 percent average over the past 10 years. Core inflation slowed further to a 2-year low of 1.7 percent. 2017-06-14T12:33:03"
US Mortgage Applications Rise for 2nd Week,Mortgage Applications,"US Mortgage Applications Rise for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose by 2.8 percent in the week ended June 9th 2017, following a 7.1 percent increase in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went up 9.2 percent while applications to purchase a home shrank 2.8 percent. Average fixed 30-year mortgage rate edged down by 1bps to 4.13 percent, the lowest since November of 2016.2017-06-14T11:05:53.257"
US Stocks Rebound As Fed Meeting Begins,Stock Market,"US Stocks Rebound As Fed Meeting BeginsUnited States Stock MarketWall Street closed in the green on Tuesday, as technology stocks recovered moderately after two straights sessions in decline to book the worst drop in the year. A key FOMC kicked off on Tuesday, where policymakers are expected to lift interest rates by 25 bps. The Dow Jones gained 93 points or 0.4 percent to 21328, while the S&P 500 advanced 11 points or 0.5 percent to 2440. Both indices clinched fresh records. Meanwhile, the Nasdaq climbed 45 points or 0.7 percent to 6220. 2017-06-13T20:07:36"
Stocks in United States Hit All-time High,stock market,Stocks in United States Hit All-time HighUnited States stock marketDow Jones increased to an all-time high of 213062017-06-13T13:40:25.75
US Stocks Rebound On Tuesday,Stock Market,"US Stocks Rebound On TuesdayUnited States Stock MarketWall Street opened in the green on Tuesday after a two-day slide led by a selloff in technology shares. The Dow Jones was up 44 points or 0.2%, the S&P 500 gained 6 points or 0.3% and the Nasdaq rose 35 points or 0.6% around 7 minutes after the opening bell.2017-06-13T13:39:52.467"
US Producer Prices Flat In May,Producer Price Inflation MoM,"US Producer Prices Flat In MayUnited States Producer Price Inflation MoMProducer prices for final demand in the United States were unchanged in May of 2017 from the previous month, following a 0.5 percent rise in April, in line with market expectations. A 0.3 percent rise in cost of services was offset by 0.5 percent drop in prices of goods. Energy cost slumped 3 percent, the biggest drop since February of 2016. Excluding food and energy, prices went up 0.3 percent, below 0.4 percent in April. Year-on-year, producer prices rose at a slower 2.4 percent (2.5 percent in April) while the core index went up 2.1 percent (1.9 percent). 2017-06-13T12:40:00"
US Small Business Optimism Below Expectations In May,NFIB Business Optimism Index,"US Small Business Optimism Below Expectations In MayUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index in the US was unchanged at 104.5 in May of 2017 from 104.5 in April, below market expectations of 105.2. Improvements were seen in plans to increase employment (+2), make capital outlays (+1) and current job openings (+1). Expectations also increased for the economy (+1) and higher sales (+2). In contrast, deterioration was observed for plans to increase inventories (-2), current inventories (-3), earnings (-1) and good time to expand (-1). Small business owners are highly encouraged by the President’s regulatory reform agenda, and they remain optimistic there will be tax reform and health-care reform. 2017-06-13T10:14:59.2"
US Stocks Dip As Tech Selloff Extends,Stock Market,"US Stocks Dip As Tech Selloff ExtendsUnited States Stock MarketWall Street closed in the red on Monday, as the US-based selloff across technology stocks that started on Friday continued. The Nasdaq 100 booked its biggest 2-day decline since Brexit, with Netflix falling 4.2 percent and Apple 2.5 percent. The Dow Jones closed down 36 points or 0.2 percent to 21236. The S&P 500 edged down 2 points or 0.1 percent to 2429. The Nasdaq lost 32 points or 0.5 percent to 6175.2017-06-12T20:06:53"
US Budget Deficit Widens 67.6% YoY In May,Government Budget Value,"US Budget Deficit Widens 67.6% YoY In MayUnited States Government Budget ValueThe US government posted a USD 88 billion budget deficit in May of 2017, compared to a USD 52.5 billion gap a year earlier and slightly above market expectations of a USD 86.5 billion shortfall. Outlays jumped 19 percent to USD 329 billion while receipts rose by 7 percent to USD 240 billion. 2017-06-12T18:05:14.097"
US Tech Selloff Continues On Monday,Stock Market,"US Tech Selloff Continues On MondayUnited States Stock MarketWall Street opened lower on Monday, dragged down by tech shares, namely Apple, Microsoft and Alphabet. The tech selloff began on Friday amid rising concerns the sector is overvalued after a report from Goldman Sachs said gains in several big sector stocks this year was “cause for a pause”. The Dow Jones was down 30 points or 0.1%, the S&P 500 fell 7 points or 0.3% and the Nasdaq slumped 77 points or 1.3% around 12 minutes after the opening bell. 2017-06-12T13:56:54"
US Stocks End Mixed Amid Tech Selloff,Stock Market,"US Stocks End Mixed Amid Tech SelloffUnited States Stock MarketWall Street closed mixed on Friday, as an unexpected selloff in tech stocks roiled markets. Abroad, the British pound dropped the most in eight months as the election intended to strengthen May’s majority in Parliament backfired. However, losses in tech stocks surprised markets after a Wall Street analyst warned about the sector’s vulnerability to cyclicality and regulation. The Dow Jones eked out a gain and scored a fresh record, advancing 89 points or 0.4 percent to 21272. Contrastingly, the S&P 500 lost 2 points or 0.1 percent to 2432. The Nasdaq plunged 114 points or 1.8 percent to 6208. During the week, the Dow Jones was the only major index booking gains, as it climbed 0.3 percent, while the S&P retreated 0.3 percent and the Nasdaq dipped 1.6 percent. 2017-06-09T20:11:25.73"
US Wholesale Inventories Shrink More Than Anticipated,Wholesale Inventories,"US Wholesale Inventories Shrink More Than AnticipatedUnited States Wholesale InventoriesWholesale inventories in the United States fell by 0.5 percent month-over-month to $591 billion in April of 2017, worse than initial estimates of a 0.3 percent decline and following a downwardly revised 0.1 gain in March, final figures showed. It is the sharpest decrease in wholesale stocks since February last year. The inventories fell mainly for petroleum (-5 percent), computers (-1.7 percent), autos (-1.4 percent) and professional equipment (-0.3 percent). Wholesale sales went down 0.4 percent, following a 0.2 percent drop in March. 2017-06-09T14:12:47"
US Stocks Reach Record High,stock market,US Stocks Reach Record HighUnited States stock marketWall Street traded in the green on Friday with the three major stock indexes reaching record highs. Financials led gains amid a rising dollar while investors shrug off the UK election results. The Dow Jones went up 83 points or 0.4% to 21265.6; the S&P 500 gained 10 points or 0.4% to 2443.4 and the Nasdaq added 18 points or 0.3% to 6339.3 around 10:20 AM NY time.2017-06-09T14:08:53
US Stocks Edge Up Ahead Of UK Electoral Outcome,Stock Market,"US Stocks Edge Up Ahead Of UK Electoral OutcomeUnited States Stock MarketUS Stocks ended slightly in the green on Thursday, as British voters headed to polls in a general election, James Comey testified to Congress, oil slipped, and the ECB revised inflation forecasts weaker. Tech stocks outperformed the market, with Tesla shares rising 2.9 percent, nudging the Nasdaq to a fresh record of 6322 (24 points or 0.4 percent). The Dow Jones inched up 10 points or 0.1 percent to 21183, while the S&P 500 edged up 1 point or less than 0.1 percent to 2434.2017-06-08T20:05:39"
US IBD/TIPP Economic Optimism Index Below Expectations,Economic Optimism Index,"US IBD/TIPP Economic Optimism Index Below ExpectationsUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index was steady at 51.3 in June of 2017, the lowest level since October 2016. The reading came below market expectations of 51.6 but remained above 50 for 9 consecutive month as roaring stock market and solid job gains continued to make people feel good about the economy. The six-month economic outlook increased 3.2 percent to 51.2, following two consecutive months of decline and the personal financial outlook edged up to 57.2 from 57.1, ending two months of decline. On the other hand, confidence in federal economic policies dropped 3.6 percent to 45.2017-06-08T15:34:35"
US Jobless Claims Above Expectations In Latest Week,Initial Jobless Claims,"US Jobless Claims Above Expectations In Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 10 thousand to 245 thousand in the week ended June 3rd 2017, compared to market expectations of 240 thousand. The 4-week moving average which removes week to week volatility went up by 2.25 thousand to 242 thousand.2017-06-08T12:33:57"
US Consumer Credit Rises Less Than Expected In April,Consumer Credit,"US Consumer Credit Rises Less Than Expected In April United States Consumer CreditConsumer credit in the United States rose by $8.2 billion in April of 2017, following an upwardly revised $19.54 billion gain in March and way below market expectations of $15.5 billion. It was the lowest increase since December of 2015. Nonrevolving credit went up by $6.6 billion, compared with a $14.2 billion rise in March. Revolving credit increased by $1.5 billion, after rising by $5.4 billion in the previous month.2017-06-07T19:04:08.397"
US Crude Oil Inventories Rise The Most In Nearly 3 Months,Crude Oil Stocks Change,"US Crude Oil Inventories Rise The Most In Nearly 3 MonthsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 3.295 million barrels in the week ended June 2nd, 2017, following a 6.428 million decrease in the previous period and compared to market expectations of a 3.464 million decline. It was the first increase following 8 consecutive weeks of falls and the biggest in almost 3 months. Gasoline stocks went up by 3324 thousand, compared to expectations of a 580 thousand increase.
2017-06-07T14:36:05.633"
US Mortgage Applications Rise The Most In 10 Months,Mortgage Applications,"US Mortgage Applications Rise The Most In 10 MonthsUnited States Mortgage ApplicationsMortgage applications in the United States rose by 7.1 percent in the week ended June 2nd 2017, following a 3.4 percent fall in the previous period. It is the biggest gain since the week ended August 5th 2016, data from the Mortgage Bankers Association showed. Refinance applications went up 3.4 percent and applications to purchase a home jumped 10 percent. Average fixed 30-year mortgage rate edged down by 3bps to 4.14 percent.2017-06-07T11:02:48.397"
Dollar Index Hits 8-Month Low,currency,Dollar Index Hits 8-Month LowUnited States currencyThe dollar touched the lowest since October last year on Tuesday as investors' worries over President Trump's ability to boost growth increased. Concerns mounted ahead of former FBI director Comey testimony before a Senate panel over allegations of Russian interference in US elections on Thursday. The DXY was down near 0.3% to 96.56 around 1:30 PM NY time. 2017-06-06T17:12:54
US Job Openings Jump To Record High In April,Job Offers,"US Job Openings Jump To Record High In AprilUnited States Job OffersThe number of job openings in the United States rose by 259,000 to an all-time high of 6.044 million in April 2017 from an upwardly revised 5.785 million in the previous month and beating market expectations of 5.650 million. The number of job openings increased for total private (220,000), mainly in accommodation and food services (118,000), and for government (39,000). Job openings rose in the Midwest and Northeast regions.2017-06-06T14:02:00"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.1364%2017-06-06T13:10:31.407
US Services Sector Growth Slows Slightly In May: ISM,Non Manufacturing PMI,"US Services Sector Growth Slows Slightly In May: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 56.9 in May of 2017 from 57.5 in April, slightly below market expectations of 57. Production and new orders rose at a slower pace while employment picked up. The majority of respondents’ comments continue to indicate optimism about business conditions and the overall economy.2017-06-05T14:08:29"
US Factory Orders Post First Drop In Five Months,Factory Orders,"US Factory Orders Post First Drop In Five MonthsUnited States Factory OrdersNew orders for manufactured goods in the United States fell 0.2 percent month-over-month in April 2017, following an upwardly revised 1 percent gain in March and in line with market expectations. It was the first drop in new orders for US-made goods since November last year, as orders fell for electrical equipment, appliances and components (-2 percent), transportation equipment (-1.4 percent) and machinery (-0.7 percent). Compared with the same month a year ago, factory orders were up 4.4 percent.2017-06-05T14:04:49"
US Business Growth At 3-Month High: Markit,Composite Pmi,"US Business Growth At 3-Month High: MarkitUnited States Composite PmiThe IHS Markit US Composite PMI was recorded at 53.6 in May of 2017, down from a preliminary reading of 53.9 but above 53.2 in April. It is the highest reading in three months as services rose faster than in the previous month (53.6 from 53.1) while manufacturing eased slightly (52.7 from 52.8). The trend for the first five months of 2017 have been stronger than for the same period in 2016. 2017-06-05T13:57:52"
US Services PMI Revised Down In May: Markit,Services PMI,"US Services PMI Revised Down In May: MarkitUnited States Services PMIThe IHS Markit US Services PMI was recorded at 53.6 in May of 2017, down from a preliminary reading of 54 but above 53.1 in April. It is the highest reading in three months, boosted by rising new business, employment, backlogs of work and a slowdown in input inflation. The degree of confidence among service providers remained positive, but relatively subdued, in May. Despite some respondents linking optimism to strong underlying demand, others were more cautious regarding future business activity.2017-06-05T13:53:16"
US Unit Labour Costs Rise Less Than Expected,Labour Costs,"US Unit Labour Costs Rise Less Than ExpectedUnited States Labour CostsUnit labor costs in the US nonfarm business sector increased a seasonally adjusted annualized 2.2 percent on quarter in the first three months of 2017, final figures showed. It compares with a 3 percent gain in the preliminary estimate and a downwardly revised 4.6 percent drop in the previous period. It is the highest gain in three quarters, reflecting a 2.2 percent increase in hourly compensation while productivity was unchanged. Unit labor costs increased 1.1  percent over the last four quarters.2017-06-05T12:38:42"
US Nonfarm Productivity Unchanged In Q1,Productivity,"US Nonfarm Productivity Unchanged In Q1 United States ProductivityNonfarm business sector labor productivity in the United States, which measures hourly output per worker, was unchanged during the first quarter of 2017, better than a preliminary estimate of a 0.6 percent drop and following a 1.8 percent rise in the previous period. Both output and hours worked increased 1.7 percent from the fourth quarter. Compared with the same period of 2016, productivity rose 1.2 percent, reflecting a 2.5 percent gain in output and a 1.3 percent increase in hours worked.2017-06-05T12:32:35"
US Stocks Hit New Records,Stock Market,"US Stocks Hit New RecordsUnited States Stock MarketAll three major US stock market indexes reached intraday and closing records on Friday in spite of lower than expected growth in non farm payrolls and wages. The Dow Jones gained 61 points or 0.3 percent to 21206. The S&P 500 climbed 9 points or 0.4 percent to 2439. The Nasdaq jumped 59 points or 0.9 percent to 6306. All three major indices advanced during the week, with the Dow Jones rising 0.6 percent; the S&P 500 1.0 percent; and the Nasdaq 1.5 percent. 2017-06-02T20:06:33"
US ISM New York Index At Near 1-Year Low,Ism New York Index,"US ISM New York Index At Near 1-Year LowUnited States Ism New York IndexThe ISM New York Current Business Conditions in the United States decreased to 46.7 in May of 2017 from 55.8 in the previous month, reaching the lowest value since June of 2016. Decreases were seen in employment (40.3 from 45.1 in April) and current revenues (50 from 55). On the positive side, quantity of purchases increased (55.3 from 48.4), prices paid slowed (50 from 54.7) and expected revenues went up (66.7 from 65.5). The six-month outlook also fell to 70.6 from 73.2.2017-06-02T13:58:42"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.1713%2017-06-02T12:41:38.437
US Imports Rise 0.8% To 3-Month High In April,Imports,"US Imports Rise 0.8% To 3-Month High In AprilUnited States ImportsTotal imports to the United States increased 0.8 percent month-over-month to USD 238.6 billion in April 2017, due to higher imports of consumer goods while purchases of industrial supplies fell sharply. On a non-seasonally adjusted basis, imports of goods from China jumped 9.6 percent, while purchases declined from Japan (-14.3 percent), Mexico (-10.3 percent), Canada (-7.5 percent) and Germany (-4.1 percent).2017-06-02T12:41:36"
US Exports Drop 0.3% In April On Consumer Goods,Exports,"US Exports Drop 0.3% In April On Consumer GoodsUnited States ExportsTotal exports from the United States fell 0.3 percent month-over-month to USD 191.0 billion in April 2017, as sales of consumer goods fell to their lowest level in nearly a year while exports of food were the highest since August 2016. On a non-seasonally adjusted basis, exports of goods to Mexico and Canada shrank 10.3 percent and 9 percent, respectively, and those to Germany dropped 13.3 percent. By contrast, exports to China rose 2.2 percent.2017-06-02T12:39:15"
US Trade Deficit Higher Than Expected In April,Balance of Trade,"US Trade Deficit Higher Than Expected In AprilUnited States Balance of TradeThe goods and services deficit in the United States widened to USD 47.6 billion in April of 2017 from an upwardly revised USD 45.6 billion gap a month earlier and higher than market expectations of a USD 46.1 billion shortfall. Exports fell 0.3 percent to USD 190.98 billion, driven by lower sales of consumer goods and vehicles. Imports rose 0.8 percent to USD 238.6 billion, boosted by cellphones and capital goods. 2017-06-02T12:35:55.56"
US Jobless Rate Drops To 16-Year Low of 4.3% In May,Unemployment Rate,"US Jobless Rate Drops To 16-Year Low of 4.3% In MayUnited States Unemployment RateUS unemployment rate fell to 4.3 percent in May 2017 from 4.4 percent in the previous month and below market expectations of 4.4 percent. It was the lowest jobless rate since May 2001, as the number of unemployed persons was little changed at 6.9 million and the labor force participation rate fell to 62.7 percent.2017-06-02T12:32:27"
US Non Farm Payrolls Fall To 138K,Non Farm Payrolls,"US Non Farm Payrolls Fall To 138KUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 138 thousand in May of 2017, below a downwardly revised 174 thousand in April and compared to market expectations of 185 thousand. In May, job gains occurred in health care and mining. 
2017-06-02T12:32:16.843"
US Stocks Hit Fresh Records Amid Jobs Data,Stock Market,"US Stocks Hit Fresh Records Amid Jobs DataUnited States Stock MarketWall Street closed moderately in the green on Thursday, as private businesses hired 253 thousand workers in May 2017 compared to a downwardly revised 174 thousand in April and way above market expectations of 185 thousand. Bank stocks led gains and energy equities were little affected by the United States withdrawing from the Paris climate pact. All three major indices booked new all-time highs. The Dow Jones gained 136 points or 0.7 percent to 21144. The S&P 500 closed up 18 points or 0.8 percent to 2430. The Nasdaq jumped 48 points or 0.8 percent to 6247. 2017-06-01T20:09:58"
US Crude Oil Inventories Fall The Most Since December,Crude Oil Stocks Change,"US Crude Oil Inventories Fall The Most Since DecemberUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 6.428 million barrels in the week ended May 26th, 2017, following a 4.432 million decrease in the previous period and compared to market expectations of a 2.52 million decline. It is the eighth consecutive week of falls and the sharpest so far this year. Gasoline stocks went down by 2858 thousand, compared to expectations of a 1091 thousand decrease.
2017-06-01T15:03:59.897"
US Factory Activity Growth Edges Up In May: ISM,Business Confidence,"US Factory Activity Growth Edges Up In May: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US edged up to 54.9 in May of 2017 from 54.8 in April, beating expectations of 54.5. New orders, employment and inventories went up, offsetting slower growth in production. 2017-06-01T14:08:15"
US Construction Spending Drops The Most In A Year,Construction Spending,"US Construction Spending Drops The Most In A YearUnited States Construction SpendingConstruction spending in the US declined 1.4 percent to $1.22 trillion in April 2017, following an upwardly revised 1.1 percent jump in March and missing market expectations of a 0.5 percent increase. It was the biggest drop in a year, as spending on public construction tumbled 3.7 percent, the sharpest fall since July 2016, with outlays on state and local government construction projects dropping 3.5 percent and federal government construction spending declining 5.7 percent. Also, private construction spending contracted 0.7 percent, the steepest decrease in a year, led by lower investment in residential construction (-0.7 percent) and nonresidential structures (-0.6 percent). Year-on-year, construction spending increased 6.7 percent.2017-06-01T14:02:54"
US Markit Manufacturing PMI Revised Up In May,Manufacturing PMI,"US Markit Manufacturing PMI Revised Up In MayUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI edged down to 52.7 in May of 2017 from 52.8 in April but higher than a preliminary 52.5. It is the lowest reading in 8 months amid a moderate rise in new business and subdued increases in output and employment while input cost inflation slowed, final figures showed. 
2017-06-01T13:50:05.62"
US Jobless Claims Rise To 5-Week High,Initial Jobless Claims,"US Jobless Claims Rise To 5-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 13 thousand to 248 thousand in the week ended May 27th from the previous week's revised level of 235 thousand and way above market expectations of 239 thousand.  Still, it was 117th straight week that claims were below 300 thousand, a level associated with a healthy jobs market.2017-06-01T12:32:52"
US Private Sector Employment Rises More Than Expected,ADP Employment Change,"US Private Sector Employment Rises More Than ExpectedUnited States ADP Employment ChangePrivate businesses in the United States hired 253 thousand workers in May 2017 compared to a downwardly revised 174 thousand in April and way above market expectations of 185 thousand. The service-providing sector added 205 thousand jobs, boosted by professional and business (88 thousand); trade, transportation and utilities (58 thousand); education and health (54 thousand); other services (15 thousand); and financial activities (7 thousand). Also, the goods-producing sector added 48 thousand jobs, namely in construction (37 thousand), manufacturing (8 thousand) and natural resources and mining (3 thousand). Midsized companies were the ones hiring the highest number of workers (113 thousand), followed by small (83 thousand) and large firms (57 thousand).2017-06-01T12:20:18"
US Challenger Job Cuts At 13-Month High In May,Challenger Job Cuts,"US Challenger Job Cuts At 13-Month High In MayUnited States Challenger Job CutsUS based employers announced plans to shed 51,692 workers from payrolls in May of 2017, 41.2 percent higher than 36,602 in April and the highest since April of 2016. 20,000 of those job cuts were announced by Ford Motor Company. As a result, the automotive industry led all industries in May with 20,271 job cuts. The retail industry continued to shed jobs (5,777), mostly due to a changing consumer behavior in grocery shopping. Employers have announced a total of 214,495 job cuts so far this year, down 28 percent from the same period a year earlier. Retailers continued to announce the most job cuts this year with 55,910. 2017-06-01T11:47:37"
US Chicago PMI Highest Since 2014,Chicago Pmi,"US Chicago PMI Highest Since 2014United States Chicago PmiThe MNI Chicago Business Barometer rose for the fourth month to 59.4 in May of 2017 from 58.3 in the previous month, beating market expectations of 57. It is the highest reading since November of 2014.2017-05-31T14:10:04"
US Pending Home Sales Unexpectedly Fall In April,Pending Home Sales,"US Pending Home Sales Unexpectedly Fall In AprilUnited States Pending Home SalesContracts to buy previously owned homes in the United States shrank 3.3 percent year-on-year in April of 2017, following a 0.8 percent rise in March. It is the biggest decline since June of 2014. Compared to the previous month, pending home sales slumped 1.3 percent, following an upwardly revised 0.9 percent fall in March and compared to market expectations of a 0.5 percent rise. Across main four regions, contracts fell in the Northeast (-1.7 percent), Midwest (-4.7 percent) and the South (-2.7 percent) but rose in the West (5.8 percent). 2017-05-31T14:06:56.49"
US 10Y Bond Yield Hits 6-week Low,bond,US 10Y Bond Yield Hits 6-week Lowunited states bondUnited States 10 Year Government Bond Yield decreased to a 6-week low of 2.2132%2017-05-31T12:47:45.037
US Mortgage Applications Fall In Latest Week,Mortgage Applications,"US Mortgage Applications Fall In Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell by 3.4 percent in the week ended May 26th 2017, following a 4.4 percent rise in the previous period, data from the Mortgage Bankers Association showed. Refinance applications slumped 5.6 percent and applications to purchase a home went down 1.4 percent. Average fixed 30-year mortgage rate was steady at 4.17 percent.2017-05-31T11:09:05.517"
Texas Manufacturing Activity Expands At Faster Pace,Dallas Fed Manufacturing Index,"Texas Manufacturing Activity Expands At Faster PaceUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to 17.2 in May 2017 from 16.8 in April and above market expectations of 15.4. The production index went up 7.9 points to 23.3, reaching its highest level since April 2014, and the new orders index increased 6.6 points to 18.1. Also, the capacity utilization index moved up 7.9 points to 19.4, the shipments index surged 15 points to a near ten-year high of 24.7, and the employment index came in at 8.3, the fifth positive reading in a row. Expectations regarding future business conditions continued to improve, as the index of future company outlook rose 5.1 points to 20.2.2017-05-30T14:41:11"
US House Prices Rise More Than Expected: S&P/Case-Shiller,Case Shiller Home Price Index YoY,"US House Prices Rise More Than Expected: S&P/Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite index of 20 metropolitan areas in the US rose 5.9 percent year-on-year in March of 2017, the same as in February and above market expectations of following a 5.7 percent gain. Prices rose the most in Seattle (12.3 percent), Portland (9.2 percent) and Dallas (8.6 percent). Meanwhile, the national index, covering all nine US census divisions rose 5.8 percent, up from 5.7 percent in February and setting a 33-month high.2017-05-30T13:10:44.437"
US PCE Price Index Rises 0.2% MoM in April,PCE Price Index Monthly Change,"US PCE Price Index Rises 0.2% MoM in AprilUnited States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States rose 0.2 percent month-over-month in April 2017, following a 0.2 percent decline in the previous period as cost of services grew 0.3 percent (0% in March). Cost of goods remained unchanged, after declining 0.6 percent in March, as prices of durable goods dropped 0.3 percent and non durable goods rose 0.1 percent. Compared to the same month a year earlier, the PCE price index went up 1.7 percent. Excluding food and energy, the so-called core PCE price index rose by 0.2 percent month-over-month and rose by 1.5 percent compared to the previous year. 2017-05-30T12:37:33"
US Personal Spending Rises The Most In 4 Months,Personal Spending,"US Personal Spending Rises The Most In 4 MonthsUnited States Personal SpendingPersonal spending in the United States rose 0.4 percent on the month in April of 2017, following an upwardly revised 0.3 percent gain in March, matching market expectations. It is the biggest gain so far this year, boosted by a rebound in spending on durable and nondurable goods. 2017-05-30T12:33:28"
US Personal Income Rises 0.4% In April,Personal Income,"US Personal Income Rises 0.4% In AprilUnited States Personal IncomePersonal income in the United States rose by 0.4 percent month-over-month in April 2017, following a 0.2 percent increase in March and in line with market expectations. Wages and salaries jumped 0.7 percent, after showing no growth in the previous month, while personal current transfer receipts were flat, following a 0.4 percent gain in March. Meanwhile, contributions for government social insurance, a subtraction in the calculation of personal income, went up 0.5 percent after showing no growth in March.2017-05-30T12:32:30"
US Stocks End Mixed To Notch Weekly Gains,Stock Market,"US Stocks End Mixed To Notch Weekly GainsUnited States Stock MarketWall Street closed mixed on Friday with the S&P 500 and the Nasdaq reaching new records, as investors assessed that the US economy expanded an annualized 1.2% in Q1, better than the advance estimate of 0.7% and beating expectations of 0.9%. Consumer spending and nonresidential fixed investment rose faster and the drag from public spending and investment was lower than initially estimated. Stocks responded timidly to the release. The Dow Jones edged down 3 points, or less than 0.1 percent, to 21080. Contrastingly, the S&P 500 inched up 1 point to 2416 and the Nasdaq gained 5 points to 6210. During the week, all 3 major indices advanced more than 1.0 percent, with the Dow Jones climbing by 1.3 percent; the S&P 500 by 1.4 percent; and the Nasdaq by 2.1 percent. 2017-05-26T20:14:19"
US Consumer Sentiment Revised Down In May,Consumer Confidence,"US Consumer Sentiment Revised Down In MayUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States was at 97.1 in May of 2017, only slightly up from 97 in April and below initial estimates of 97.7. Both current and future expectations were revised down, final figures showed. Yet, it is still the highest reading in four months.2017-05-26T14:14:01"
US Corporate Profits Unexpectedly Fall In Q1,Corporate Profits,"US Corporate Profits Unexpectedly Fall In Q1United States Corporate ProfitsCorporate profits in the United States fell by $40.3 billion, or 2.5 percent, to $1571.2 billion in the first quarter of 2017, following a 2.3 percent rise in the previous period, and well below market expectations of 2.3 percent increase, according to preliminary estimates. The undistributed profits shrank by $49.6 billion, or 7.9 percent, to $579.8 billion while the net dividends rose $9.3 billion, or 1 percent, to $991.3 billion. Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, went down by $39.5 billion, or 1.8 percent, to $2152.6 billion.2017-05-26T12:38:14.627"
US GDP Growth Revised Up to 1.2% In Q1,GDP Growth Rate,"US GDP Growth Revised Up to 1.2% In Q1United States GDP Growth RateThe US economy expanded an annualized 1.2 percent on quarter in the first three months of 2017, better than the advance estimate of 0.7 percent growth and beating market expectations of 0.9 percent, figures from the second estimate showed. It is the lowest growth rate in a year, better than the weakest first-quarter growth in three years initially estimated. Consumer spending and nonresidential fixed investment rose faster than anticipated and the drag from public spending and investment was lower than initially estimated. In contrast, private inventories decreased more.2017-05-26T12:34:59"
US Durable Goods Orders Fall Less Than Expected,Durable Goods Orders,"US Durable Goods Orders Fall Less Than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods fell 0.7 percent month-over-month in April 2017, following an upwardly revised 2.3 percent jump in March, better than expectations of a 1.2 percent drop. It was the first decline this year, as orders for machinery fell 0.8 percent and those for civilian aircraft shrank 9.2 percent. Meanwhile, orders for defense aircraft jumped 7.1 percent and those for motor vehicles and parts went up 0.3 percent, the first rise in three months. Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, were unchanged for the second straight month.2017-05-26T12:34:05"
US Stocks End Higher Despite Oil Drop,Stock Market,"US Stocks End Higher Despite Oil DropUnited States Stock MarketWall Street closed in the green on Thursday, with the S&P 500 and the Nasdaq hitting record highs boosted by tech stocks and retail data. Gains were seen across the board, despite oil prices sinking more than 5 percent from a five-week high after OPEC extended plans to curve output without deepening cuts. The Dow Jones closed up 71 points, or 0.3 percent, to 21083. The S&P 500 gained 11 points, or 0.4 percent, to 2415. The Nasdaq climbed 42 points, or 0.7 percent, to 6205.2017-05-25T20:05:24"
US Stocks Rise On Thursday,Stock Market,"US Stocks Rise On ThursdayUnited States Stock MarketWall Street opened in the green on Thursday with the S&P 500 and the Nasdaq reaching record highs mainly boosted by the tech sector. Gains come despite lower oil prices as investors continue to digest FOMC minutes released yesterday where the Fed left the June rate hike on the table. The Dow Jones added 66 points or 0.3%, the S&P 500 went up 7 points or 0.3% and the Nasdaq gained 21 points or 0.4% around 20 minutes after the opening bell.2017-05-25T13:53:37"
Stocks in United States Hit 12-week High,stock market,Stocks in United States Hit 12-week HighUnited States stock marketDow Jones increased to a 12-week high of 210742017-05-25T13:30:00.517
US Jobless Claims Below Expectations,Initial Jobless Claims,"US Jobless Claims Below ExpectationsUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 1 thousand to 234 thousand in latest week, lower than market expectations of 238 thousand. It is 116th straight week that claims were below 300,000, a level associated with a healthy jobs market. In addition, the 4-week moving average which removes weekly volatility fell to 235.25 thousand, the lowest in 44 years.2017-05-25T12:35:21"
US Wholesale Inventories Fall The Most In Over A Year,Wholesale Inventories,"US Wholesale Inventories Fall The Most In Over A YearUnited States Wholesale InventoriesWholesale inventories in the United States fell by 0.3 percent month-over-month to $592.0 billion in April 2017, following a downwardly revised 0.1 gain in March and missing market expectations of a 0.2 percent increase, an advance estimate showed. It was the sharpest decline in wholesale stocks since February last year.2017-05-25T12:32:48"
US Stocks Climb Moderately Following Fed Minutes,Stock Market,"US Stocks Climb Moderately Following Fed MinutesUnited States Stock MarketWall Street inched up on Wednesday, as the FOMC minutes left the door open for a rate increase in June’s meeting. The release showed members judged the soft patch of the US economy in 1Q as “transitory”, reiterating their view that gradual adjustments in the stance of monetary policy are still needed.  The Dow Jones gained 75 points, or 0.4 percent, to 21012. The S&P 500 advanced 6 points, or 0.3 percent, to 2404. The Nasdaq climbed 24 points, or 0.4 percent, to 6163.2017-05-24T20:04:15"
June Rate Hike Is Still On The Table,Interest Rate,"June Rate Hike Is Still On The TableUnited States Interest RateAnother increase in the federal funds rate would be appropriate soon, proven that recent growth slowdown is only transitory, minutes from last FOMC meeting showed. Fed officials also discussed strategies to start reducing its USD 4.5 trillion portfolio.2017-05-24T18:20:23.74"
US Crude Oil Inventories Fall For 7th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall For 7th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 4.432 million barrels in the week ended May 19th, 2017, following a 1.753 million decrease in the previous period and compared to market expectations of a 2.42 million decline. It is the seventh consecutive week of falls. Gasoline stocks went down by 787 thousand, compared to expectations of 1194 thousand decrease.
2017-05-24T14:31:19.8"
US Existing Home Sales Fall More Than Expected In April,Existing Home Sales,"US Existing Home Sales Fall More Than Expected In AprilUnited States Existing Home SalesSales of previously owned houses in the United States fell 2.3 percent month-over-month to a seasonally adjusted annual rate of 5.57 million in April 2017 from a ten-year high of 5.70 million in March and below market expectations of 5.65 million. Sales of single family houses dropped 2.4 percent after rising by 4.1 percent in the previous month and those of condos declined 1.6 percent, following a 5 percent gain in March. The average price went up 3.2 percent after rising by 3.4 percent in the previous month and the months' worth of supply went up to 4.2 percent from 3.8 percent. In addition, the number of houses available in the market increased to 1.93 million from 1.80 million in March.2017-05-24T14:03:06"
US House Prices Rise 0.6% MoM in March: FHFA,FHFA House Price Index MoM,"US House Prices Rise 0.6% MoM in March: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.6 percent in March of 2017 over the previous month, following a 0.8 percent rise in February and matching market expectations. Considering the first quarter, house prices went up 1.4 percent. 
2017-05-24T13:06:39"
US Mortgage Applications Rise 4.4% In Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Rise 4.4% In Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States rose by 4.4 percent in the week ended May 19th 2017, after falling by 4.1 percent in the previous period, data from the Mortgage Bankers Association showed. It was the sharpest increase in nearly three months, as refinance applications jumped 10.5 percent while applications to purchase a home went down 0.8 percent. Average fixed 30-year mortgage rate fell by 6bps to 4.17 percent.2017-05-24T11:03:02.43"
US Richmond Fed Manufacturing Index At 7-Month Low,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index At 7-Month Low United States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia fell to 1 in May of 2017 from 20 in the previous month, and below market expectations of 15. It was the lowest reading since October last year, driven by a notable decrease in the index for shipments (-2 from 25 in April) and new orders (0 from 26). The index for employment was relatively flat (6 from 5) while the majority of firms reported a decline in the average workweek and higher wages. Looking six months ahead, manufacturing executives remained generally optimistic, although the only index to increase was expected capital expenditures. 
2017-05-23T14:08:16"
US New Home Sales Down To 4-Month Low,New Home Sales,"US New Home Sales Down To 4-Month LowUnited States New Home SalesSales of new single-family houses in the United States slumped 11.4 percent to a seasonally adjusted annual rate of 569 thousand in April of 2017 from an upwardly revised near 9-1/2-year high of 642 thousand in March. The figure came below market expectations of 610 thousand, as sales fell in all four main regions. 2017-05-23T14:07:26.187"
US Private Sector Growth Rebounds In May: Markit,Composite Pmi,"US Private Sector Growth Rebounds In May: MarkitUnited States Composite PmiThe seasonally adjusted IHS Markit Flash US Composite PMI Output Index rose to 53.9 in May 2017 from 53.2 in April, as growth accelerated in services (PMI at 54 from 53.1 in April) but slowed to an eight-month low in manufacturing (PMI at 52.5 from 52.8 in April). New business growth accelerated to its strongest since the start of 2017 and the rate of job creation edged up to a three-month peak. On the price front, average cost burdens continued to increase at a robust pace.2017-05-23T13:57:02"
US Service Sector Expands The Most In 4 Months: Markit,Services PMI,"US Service Sector Expands The Most In 4 Months: MarkitUnited States Services PMIThe seasonally adjusted IHS Markit Flash US Services Business Activity Index rose to a four-month high of 54 in May 2017 from 53.1 in April and above market expectations of 53.1. New business grew the most since the start of the year, and the pace of job creation recovered from a near seven-year low recorded in April. Meanwhile, service providers’ confidence regarding the 12-month outlook for business activity remained subdued. On the price front, input prices rose the most since June 2015.2017-05-23T13:51:17"
US Factory Activity Growth At 8-Month Low: Markit,Manufacturing PMI,"US Factory Activity Growth At 8-Month Low: MarkitUnited States Manufacturing PMIThe IHS Markit US Manufacturing PMI fell to 52.5 in May of 2017 from 52.8 in April, below market expectations of 53, flash figures showed. It is the lowest reading since September of 2016, driven by softer growth of output, new orders and employment.2017-05-23T13:47:34.557"
US 10Y Bond Yield Moves Up By 2%,bond,US 10Y Bond Yield Moves Up By 2%united states bondUnited States 10 Year Government Bond Yield increased by 2% to 2.2537%2017-05-22T23:07:33.313
US Stocks End Higher Amid Oil Climb,Stock Market,"US Stocks End Higher Amid Oil ClimbUnited States Stock MarketWall Street closed moderately in the green on Monday, as crude prices extended their rally before a key OPEC decision in Vienna on Thursday and as Saudi Arabia ponders a cut extension. The Dow Jones gained 99 points, or 0.4 percent, to 20895. The S&P 500 advanced 12 points, or 0.5 percent, to 2394. The Nasdaq climbed 50 points, or 0.8 percent, to 6134.2017-05-22T20:02:51"
US Stocks Trade Higher On Monday,Stock Market,"US Stocks Trade Higher On MondayUnited States Stock MarketUS stocks traded in the green on Monday as oil prices rose ahead of Thursday's OPEC meeting while concerns about political turmoil in Washington eased. The Dow Jones jumped 99 points, or 0.5%, to 20,904; the S&P 500 advanced 10 points, or 0.4%, to 2,391; and the Nasdaq gained 30 points, or 0.5%, to 6,114 around 20 minutes after the opening bell.2017-05-22T13:56:03.803"
Chicago Fed National Activity Index At 2-1/2-Year High,Chicago Fed National Activity Index,"Chicago Fed National Activity Index At 2-1/2-Year HighUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States jumped to 0.49 in April of 2017 from a downwardly revised 0.07 in March, beating market expectations of 0.25. It is the highest reading since November of 2014. The contribution from production-related indicators increased to 0.46 from 0.01 in March and employment went up to 0.1 from 0.05. In contrast, sales, orders, and inventories made a neutral contribution (from 0.07 in March) and personal consumption and housing fell further (-0.08 from -0.06).2017-05-22T12:39:29"
Dollar Index Hits 27-week Low,currency,Dollar Index Hits 27-week LowUnited States currencyUS Dollar decreased to a 27-week low of 97.072017-05-22T10:02:54.983
US Stocks End Higher But Still Book Weekly Losses,Stock Market,"US Stocks End Higher But Still Book Weekly LossesUnited States Stock MarketWall Street extended gains on Friday, with all three major indices advancing two days after the worst selloff of 2017 triggered by political scandal in Washington. Gains were broad on Friday, with tech and energy shares outperforming amid strong corporate results and a rally in oil, respectively. The Dow Jones closed up 142 points, or 0.7 percent, to 20805. The S&P 500 improved 16 points, or 0.7 percent, to 2382. The Nasdaq ended up 29 points, or 0.5 percent, to 6084. Despite Friday’s gains, all three major indices took losses for the week, with the Dow Jones and S&P each retreating 0.4 percent and the Nasdaq dropping 0.6 percent. 2017-05-19T20:07:01"
Dollar Falls To Near 7-Month Low,Currency,"Dollar Falls To Near 7-Month Low United States CurrencyThe DXY extended losses on Friday, trading 0.8% lower at 97.1 around 2:00 PM NY time, the lowest since early November. The greenback was down 1% against the Euro, 0.2% against the Yen and 0.8% against the Sterling. The dollar is on track to gave up all gains made since the US presidential election amid political turmoil and concerns over President Trump's ability to implement promised reforms.2017-05-19T17:58:51"
US Stocks Continue To Recover On Friday,Stock Market,"US Stocks Continue To Recover On FridayUnited States Stock MarketWall Street opened in the green on Friday, extending gains from the previous session following Wednesday's selloff as oil prices rise and the dollar retreats. However, stocks were on track to record the second straight week of losses amid political turmoil in the US. The Dow Jones added 53 points or 0.3%, the S&P 500 gained 9 points or 0.4% and the Nasdaq traded 32 points or 0.5% higher around 14 minutes after the opening bell.2017-05-19T13:48:04"
Dollar Falls To Near 7-Month Low,currency,"Dollar Falls To Near 7-Month LowUnited States currencyThe DXY traded 0.6% lower at 97.33 around 8:20 AM NY time on Friday, the lowest since early November. The greenback was down 0.8% against the Euro, 0.2% against the Yen and 0.6% against the sterling. The dollar is on track to record its worst week in 9 months, giving up all gains made since the US presidential election amid political turmoil and concerns over President Trump's ability to implement promised reforms.2017-05-19T11:41:18"
US Stocks Rebound From Worst Selloff Of 2017,Stock Market,"US Stocks Rebound From Worst Selloff Of 2017United States Stock MarketWall Street closed moderately in the green on Thursday, a day after political uncertainty unleashed in Washington. Economic data helped stocks rebound, as jobless claims and regional manufacturing beat forecasts. Gains were broad, with shares linked to emerging markets underperforming, as a new political scandal sank Brazil equities nearly 9 percent. The Dow Jones closed up 56 points, or 0.3 percent, to 20663. The S&P 500 gained 9 points, or 0.4 percent, to 2366. The Nasdaq advanced 44 points, or 0.7 percent, to 6055.2017-05-18T20:05:18"
"US Stocks Open Mixed, Attempt Gains",Stock Market,"US Stocks Open Mixed, Attempt GainsUnited States Stock MarketWall Street traded mixed on Thursday, following a big sell-off in the previous session amid political turmoil in the White House. The Dow traded flat, the S&P 500 gained 3 points or 0.1% and the Nasdaq added 11 points or 0.2% around 8 minutes after the opening bell.2017-05-18T13:42:11.897"
Philadelphia Manufacturing Activity Expands At Faster Pace,Philadelphia Fed Manufacturing Index,"Philadelphia Manufacturing Activity Expands At Faster PaceUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index jumped to 38.8 in May 2017 from 22 in April and way above market expectations of 19.5. The reading pointed to the strongest pace of expansion in factory activity in three months, as shipments rose at a faster pace (39.1 from 23.4 in April) while growth slowed for new orders (25.4 from 27.4) and employment (17.3 from 19.9). Both the delivery times and unfilled orders indexes were positive for the seventh consecutive month, suggesting longer delivery times and increases in unfilled orders.2017-05-18T12:38:32"
"Jobless Claims Fall To 232K, Close To Lowest Since 1973",Initial Jobless Claims,"Jobless Claims Fall To 232K, Close To Lowest Since 1973United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 4 thousand to 232 thousand in the week ended May 13th, 2017 from the previous week's unrevised level of 236 thousand and below market expectations of 240 thousand. Claims fell for the third week, hitting the lowest since February and close to values seen in July of 1973 only. Meanwhile, continuing claims fell by 22 thousand to 1898 thousand, the lowest since November of 1988.2017-05-18T12:36:49"
US Stocks Fall Sharply As Political Uncertainty Grows,Stock Market,"US Stocks Fall Sharply As Political Uncertainty GrowsUnited States Stock MarketWall Street tumbled sharply on Wednesday, as Washington noise intensified. The 3 major stock indices lost more than 1.8% amid rising political concerns after a report showed President Trump asked the former FBI Director Comey to halt an investigation into Michael Flynn, the former national security adviser. The Dow Jones plunged 373 points, or 1.8 percent, to 20607. The S&P retreated 44 points, or 1.8 percent, to 2357. The Nasdaq plummeted 159 points, to 2.6 percent, to 6011.2017-05-17T20:05:07"
US Crude Inventories Decline Less Than Expected,Crude Oil Stocks Change,"US Crude Inventories Decline Less Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.753 million barrels in the week ended May 12th, 2017, following a 5.247 million decrease in the previous period and compared to market expectations of a 2.36 million decline. It is the sixth consecutive week of falls. Gasoline stocks went down by 0.413 million, compared to expectations of a 0.731 million decrease.2017-05-17T14:32:55.363"
US Stocks Tumble At Open,Stock Market,"US Stocks Tumble At OpenUnited States Stock MarketWall Street opened sharply lower on Wednesday, led by falls in financial shares amid rising political concerns after a report showed President Trump asked the former FBI Director Comey to halt an investigation into Michael Flynn, the former national security adviser. The Dow Jones was down 181 points or 0.9%, the S&P 500 declined 17 points or 0.7% and the Nasdaq lost 52 points or 0.9% around five minutes after the opening bell.2017-05-17T13:40:28.41"
US Mortgage Applications Fall The Most In 5-1/2-Months,Mortgage Applications,"US Mortgage Applications Fall The Most In 5-1/2-MonthsUnited States Mortgage ApplicationsMortgage applications in the United States shrank 4.1 percent in the week ended May 12th 2017, after rising 2.4 percent in the previous period, data from the Mortgage Bankers Association showed. It is the biggest fall since the week ended November 25th 2016. Refinance applications declined 5.7 percent and applications to purchase a home went down 2.7 percent. Average fixed 30-year mortgage rates were recorded at 4.23 percent for the third week.2017-05-17T11:05:54.24"
Dollar Falls Further On Continued Political Turmoil,currency,"Dollar Falls Further On Continued Political Turmoil United States currencyThe dollar decreased for the fifth session on Wednesday, hitting the lowest level since early November after President Donald Trump asked former FBI Director James Comey to end the investigation into ex-national security adviser Michael Flynn's links to Russia. The DXY was down 0.9% to 98 around 9:00 AM London time.2017-05-17T05:52:34"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.2906%2017-05-17T00:07:14.17
US Stocks End Mixed As Retail Earnings Disappoint,Stock Market,"US Stocks End Mixed As Retail Earnings DisappointUnited States Stock MarketWall Street closed mixed on Tuesday amid political uncertainty in the US, as retailers earnings continued to disappoint and health-care shares slipped. Among other economic news, industrial production increased 1% on a monthly basis in April 2017, the largest gain since February 2014. The Dow Jones edged down 2 points, or less than 0.1 percent, to 20980. The S&P 500 retreated from records highs, losing 2 points to 2401. Contrastingly, the Nasdaq gained 20 points, or 0.3 percent, to 6170, booking a new record. 2017-05-16T20:09:29"
US Capacity Utilization Surges to 76.6% in April,Capacity Utilization,"US Capacity Utilization Surges to 76.6% in AprilUnited States Capacity UtilizationCapacity utilization in US industrial sector climbed to 76.7 percent in April from 76.1 percent in March, more than market expectations of 76.3 percent. It is the highest rate since August 2015 as utilization in the manufacturing sector increased to 75.9 percent, while capacity utilization in the mining and utilities sectors rose to 83.3 percent and 76.3 percent, respectively.2017-05-16T14:12:12"
US Manufacturing Production Rises The Most Since 2015,Manufacturing Production,"US Manufacturing Production Rises The Most Since 2015United States Manufacturing ProductionManufacturing production in the United States increased 1.7 percent year-on-year in April of 2017, following a downwardly revised 0.7 percent rise in March. It is the biggest annual gain in manufacturing since January of 2015. On a monthly basis, factory output jumped 1 percent, the largest gain since February of 2014. The indexes for durables and for nondurables each advanced 1 percent, while the output of other manufacturing (publishing and logging) increased 0.7 percent. The increase in durables was spearheaded by a large advance for motor vehicles and parts, while the improvement for nondurables was led by gains for food, beverage, and tobacco products, for textile and product mills, for printing and support, and for chemicals.2017-05-16T13:25:49"
US Industrial Output Rises The Most In 3 Years,Industrial Production Mom,"US Industrial Output Rises The Most In 3 YearsUnited States Industrial Production MomUS industrial production increased by 1 percent month-over-month in April 2017, following a downwardly revised 0.4 percent rise in March and beating market expectations of a 0.3 percent gain. It was the largest increase in industrial production since February 2014, as output rebounded for both manufacturing and mining while utilities grew at a slower pace.2017-05-16T13:18:14"
US Housing Starts Fall For 2nd Month,Housing Starts,"US Housing Starts Fall For 2nd MonthUnited States Housing StartsHousing starts in the United States went down 2.6 percent from the previous month to a seasonally adjusted annualized rate of 1172 thousand in April of 2017, following a downwardly revised 1203 thousand in the previous month and worse than market expectations of a 3.7 percent rise. It is the weakest construction activity in five months as starts fell in the South and the Northeast. 2017-05-16T12:33:47"
US Building Permits Unexpectedly Fall In April,Building Permits,"US Building Permits Unexpectedly Fall In AprilUnited States Building PermitsBuilding permits in the United States dropped 2.5 percent to a seasonally adjusted annualized rate of 1,229 thousand in April 2017 from a revised 1,260 thousand in March and missing market expectations of 1,270 thousand. Single-family authorizations dropped 4.5 percent to 789 thousand while multi-family permits rose 1.4 percent to 440 thousand. Among regions, building permits declined in the Northeast (-10.3 percent) and in the South (-7.4 percent) but rose in the West (8.7 percent) and in the Midwest (1 percent).2017-05-16T12:32:56"
Dollar Falls To 6-Month Low,Currency,"Dollar Falls To 6-Month LowUnited States CurrencyThe dollar declined for a fourth session on Tuesday, hitting the lowest since early November after a report showed President Trump shared classified information with Russian officials. The DXY was down 0.4% to 98.56 around 8:40 AM London time, the lowest since November 9th. 2017-05-16T07:42:13"
Foreign Investors Sell $0.7 Billion Of US Assets In March,Capital Flows,"Foreign Investors Sell $0.7 Billion Of US Assets In MarchUnited States Capital FlowsOverseas investors sold $0.7 billion of US assets, including short-dated instruments, in March 2017 after buying a downwardly revised $13.2 billion in February. Meanwhile, foreigners bought $59.8 billion of long-term US securities, including government and corporate, after buying $53.1 billion in the previous month. Foreign investors bought $24.4 billion of US treasuries, after selling $13.5 billion in February.2017-05-15T20:03:05.913"
US Equities Jump On Monday As Oil Rallies,Stock Market,"US Equities Jump On Monday As Oil Rallies
United States Stock MarketWall Street closed in the green on Monday with the S&P and the Nasdaq hitting new highs amid a 2.5% jump in oil prices after energy ministers from Russia and Saudi Arabia said they would back a 9-month extension to global production cuts. Gains were broad, led by stocks of companies that sell software security services, as the global cyberattack continued to spread. The Dow Jones gained 85 points, or 0.4 percent, to 20982. The S&P 500 advanced 11 points, or 0.5 percent, to 2402. The Nasdaq rose 28 points, or 0.5 percent, to 6150. 2017-05-15T17:41:34"
US Homebuilder Sentiment At Near 12 Year High,Nahb Housing Market Index,"US Homebuilder Sentiment At Near 12 Year HighUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States rose to 70 in May of 2017 from 68 in April, beating market expectations of 68. The index remains 1 point shy of 71 reached in March, which was the strongest reading since June 2005. The index of current single-family home sales went up 2 points to 76; sales expectations over the next six months increased 4 points to 79 while buyer traffic edged down 1 point to 51.2017-05-15T14:07:39"
NY Empire State Manufacturing Index Falls To 7-Month Low,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index Falls To 7-Month LowUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index in the US fell sharply to -1 in May 2017 from 5.2 in April, way below market expectations of 7.  The reading pointed to the first contraction in factory activity in New York State since October last year, as the new orders dropped and shipments increased at a slightly slower rate than in April. Meanwhile, both employment and hours worked increased slightly, while input and selling prices rose at a more moderate pace. Still, the six-month outlook continued to convey a high degree of optimism about future conditions.2017-05-15T12:38:16"
US Stocks Close Mixed On Friday,Stock Market,"US Stocks Close Mixed On FridayUnited States Stock MarketWall Street closed mixed on Friday, as US retail sales increased by 0.4 percent month-over-month in April 2017 and inflation rebounded at a softer pace than expected, strengthening the case for a Fed tightening in June. The Dow Jones closed 23 points lower, or 0.1 percent, to 20897. The S&P 500 edged down 4 points, or 0.2 percent, to 2391. Contrastingly, the Nasdaq inched up 5 points, or 0.1 percent, to 6121. During the week, the Dow Jones fell by 0.5 percent and the S&P 500 by 0.4 percent, while the Nasdaq increased by 0.3 percent. 2017-05-12T20:07:37"
US Consumer Sentiment At 4-Month High,Consumer Confidence,"US Consumer Sentiment At 4-Month HighUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States rose to 97.7 in May of 2017 from 97 in the previous month, according to preliminary estimates. Figures beat market forecasts of 97, boosted by an improvement in future expectations.2017-05-12T14:07:05"
US Business Inventories Rise In March On Auto Stocks,Business Inventories,"US Business Inventories Rise In March On Auto StocksUnited States Business InventoriesManufacturers’ and trade inventories in the United States increased by 0.2 percent month-over-month in March 2017, the same pace as in February and above market expectations of a 0.1 percent gain. Retail inventories grew by 0.5 percent, as motor vehicle stocks rose by 0.9 percent amid declining sales. Retail inventories excluding autos, which go into the calculation of GDP, increased by 0.3 percent.2017-05-12T14:04:46"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.3521%2017-05-12T12:43:22.53
US Inflation Rate Lower Than Expected At 2.2%,Inflation Rate,"US Inflation Rate Lower Than Expected At 2.2%United States Inflation RateConsumer prices in the United States increased 2.2 percent year-on-year in April of 2017, lower than 2.4 percent in March and below market expectations of 2.3 percent. It is the lowest inflation rate so far this year. The monthly index increased 0.2 percent, recovering from a 0.3 percent fall in March and matching forecasts. 2017-05-12T12:33:18"
US Retail Sales Rise Less Than Expected In April,Retail Sales MoM,"US Retail Sales Rise Less Than Expected In AprilUnited States Retail Sales MoMRetail sales in the United States increased by 0.4 percent month-over-month in April 2017, following an upwardly revised 0.1 percent rise in March but missing market expectations of a 0.6 percent gain. The increase was mainly driven by a rebound in sales of motor vehicles and higher receipts at service stations, building material stores and electronics and appliance stores. On a year-on-year basis, retail sales rose 4.5 percent in April.2017-05-12T12:31:34"
US Stocks Trade Lower On Thursday,Stock Market,"US Stocks Trade Lower On Thursday United States Stock MarketWall Street traded in the red on Thursday amid lower-than-expected earnings report for Macy's and Snap. The Dow Jones lost 121 points or 0.6%, the S&P 500 declined 15 points or 0.6% and the Nasdaq traded 45 points or 0.7% lower around 10:20 AM NY time.
2017-05-11T14:33:19.303"
US Producer Prices Rise More Than Expected In April,Producer Price Inflation MoM,"US Producer Prices Rise More Than Expected In AprilUnited States Producer Price Inflation MoMUS producer prices for final demand increased by 0.5 percent month-over-month in April 2017, following a 0.1 percent fall in March and beating market expectations of 0.2 percent gain. Cost for final demand services moved up 0.4 percent after edging down 0.1 percent in March, mainly due to higher transportation and warehousing prices. Also, cost for final demand goods increased 0.5 percent following a 0.1 percent decline in the previous month, boosted by higher prices for food and energy. Excluding foods, energy, and trade services, prices rose 0.7 percent in April, the eleventh straight month of advance. Year-on-year, producer prices climbed 2.5 percent, the largest increase since February 2012, and above consensus of a 2.2 percent gain.2017-05-11T12:38:19.527"
US Jobless Claims Fall More Than Expected,Initial Jobless Claims,"US Jobless Claims Fall More Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 2 thousand to 236 thousand in the week ended May 6th, 2017 from the previous week's unrevised level of 238 thousand, below market expectations of 245 thousand. It is the lowest figure in four weeks. Meanwhile, the number of continuing claims fell by 61 thousand to 1918 thousand, the lowest figure since November 5th, 1988 when it was 1898 thousand. 2017-05-11T12:33:40"
US Equities Close Mixed As Tech Rally Ends,Stock Market,"US Equities Close Mixed As Tech Rally EndsUnited States Stock MarketWall Street closed mixed on Wednesday, as the tech rally ended ahead of Snapchat's near 25 percent fall in afterhours trading (4:50pm New York Time) after posting a $2.2 billion loss in its first quarterly report, just one day after Apple surpassed the 800-million market cap barrier. The Dow Jones ended 33 points lower, or 0.2 percent, to 20943. The S&P 500 edged up 3 points, or 0.1 percent, to 2400, booking a new record high. The Nasdaq gained 9 points, or 0.1 percent, to 6129, also hitting a new all-time high. 2017-05-10T20:57:12"
US Government Budget Surplus Widens In April,Government Budget Value,"US Government Budget Surplus Widens In April United States Government Budget ValueThe US government posted a USD 182 billion budget surplus in April of 2017, compared to a USD 106.5 billion surplus a year earlier and well above market expectations of USD 175.9 billion deficit. Outlays decreased 18 percent to USD 273 billion while receipts rose by 4 percent to USD 456 billion. 2017-05-10T18:08:42.403"
US Crude Oil Inventories Fall More Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 5.247 million barrels in the week ended May 5th, 2017, following a 0.93 million decrease in the previous period and compared to market expectations of a 1.786 million decline. It is the biggest decline so far this year. Gasoline stocks went down by 0.15 million, compared to expectations of a 1.3220.538 million decrease.2017-05-10T14:35:22"
US Export Prices Rise More Than Expected In April,Export Prices MoM,"US Export Prices Rise More Than Expected In April United States Export Prices MoMUS export prices went up 0.2 percent on the month in April 2017, following a downwardly revised 0.1 percent gain in March and above market expectations of 0.1 percent. Agricultural exports prices rose 0.3 percent (0.8 percent in March), as higher cost of vegetables (37.9 percent) offset falling prices for soybeans, corn, and wheat. Non-agricultural exports cost increased 0.1 percent (at the same pace as in March), led by rising prices for capital goods and automotive vehicles. Compared with the same month of 2016, export prices increased by 3 percent. 2017-05-10T12:35:41.217"
US Import Prices Rise For 5th Month,Import Prices MoM,"US Import Prices Rise For 5th MonthUnited States Import Prices MoMPrices for US imports increased by 0.5 percent month-over-month in April 2017, following an upwardly revised 0.1 percent gain in February and beating market consensus of a 0.1 percent rise. It was the largest increase in import prices in three months, as cost for imported petroleum rebounded 1.6 percent after declining 0.4 percent in March. Meanwhile, nonfuel prices went up 0.3 percent, following a 0.2 percent advance in March, led by higher prices for nonfuel industrial supplies and materials; foods, feeds, and beverages; and each of the major finished goods categories. Compared with the same month of the previous year, import prices increased by 4.1 percent.2017-05-10T12:33:38"
US Mortgage Applications Rebound In Latest Week,Mortgage Applications,"US Mortgage Applications Rebound In Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 2.4 percent in the week ended May 5th 2017, after edging down 0.1 percent in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went up 3.3 percent and applications to purchase a home increased 1.7 percent. Average fixed 30-year mortgage rates were steady at 4.23 percent.2017-05-10T11:06:58.153"
US Stocks Close Mixed As Nasdaq Hits New High,Stock Market,"US Stocks Close Mixed As Nasdaq Hits New HighUnited States Stock MarketWall Street closed mixed on Tuesday, as tech stocks, led by Apple breaking the $800 billion barrier, continue to drive the Nasdaq to new record highs, while investors begin to weigh the odds of a Fed tightening next month. The Dow Jones closed 37 points lower, or 0.2 percent, to 20976. The S&P edged down 2 points, or 0.1 percent, to 2397. Contrastingly, the Nasdaq climbed 18 points, or 0.3 percent, to a new high of 6121. 2017-05-09T20:06:14"
US IBD/TIPP Economic Optimism Index Below Expectations,Economic Optimism Index,"US IBD/TIPP Economic Optimism Index Below ExpectationsUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index declined to 51.3 in May 2017 from 51.7 in April and below market expectations of 52.3. Although it was the lowest figure since October 2016, Americans are encouraged by a number of President Trump’s domestic initiatives, such as his plans for tax reform and his focus on job creation. The personal financial outlook sub-index fell 4.2 points to 57.1 and the six-month economic outlook declined 1.5 points to 49.6. Meanwhile, the measure of confidence in federal economic policies rose 4.5 points to 47.1. 
2017-05-09T14:11:05"
US Wholesale Inventories Revised Up In March,Wholesale Inventories,"US Wholesale Inventories Revised Up In MarchUnited States Wholesale InventoriesWholesale inventories in the United States rose 0.2 percent month-over-month to USD 594.6 billion in March of 2017, compared to a preliminary estimate of a 0.1 percent decline. Stocks of automotive jumped 1.9 percent (0.4 percent in February); professional equipment increased 1 percent (-0.2 percent) and those of durable goods went up 0.6 percent (0.2 percent). In contrast, wholesale stocks fell for nondurable stocks (-0.5 percent vs 0.4 percent in February), machinery (-0.5 percent vs -0.2 percent) and petroleum (-3 percent from 2.4 percent). Wholesale stocks excluding autos, which goes into the calculation of GDP, were unchanged. 2017-05-09T14:09:51.593"
US Job Openings Rise To 8-Month High In March,Job Offers,"US Job Openings Rise To 8-Month High In MarchUnited States Job OffersThe number of job openings in the United States rose to 5.743 million in March 2017 from a downwardly revised 5.682 million in the previous month and beating market expectations of 5.670 million. It was the highest value since July last year, as the number of job openings increased mostly in professional and business services (126,000), other services (55,000), and state and local government education (27,000). By contrast, job openings decreased in educational services (-43,000) and mining and logging (-8,000). Job openings rose in the South, in the Midwest and in the West, but fell slightly in the Northeast.2017-05-09T14:06:21"
US Stocks Rise On Tuesday,Stock Market,"US Stocks Rise On TuesdayUnited States Stock MarketWall Street opened mostly higher on Tuesday, with the S&P 500 and the Nasdaq reaching intraday highs amid better-than-expected results for Office Depot, Valeant Pharmaceuticals and Marriott. In addition, investors mood improved as geopolitical concerns eased after the French presidential elections. The Dow Jones traded near the flatline; the S&P 500 added 2 points or less than 0.1% and the Nasdaq gained 14 points or 0.2% around 9 minutes after the opening bell.
2017-05-09T13:53:30"
US Small Business Optimism Remains Strong,NFIB Business Optimism Index,"US Small Business Optimism Remains StrongUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index in the US edged down to 104.5 in April of 2017 from 104.7 in March but above market expectations of 104. Despite the fall, the index remained above 104 for the fifth consecutive month, the level not seen since 1983. Deterioration was observed for plans to make capital outlays (-2) and in expectations regarding credit (-1) and business (-8) conditions. In addition, plans to increase employment and earnings were unchanged. In contrast, improvements were seen in plans to increase inventories (1), good time to expand (2), current inventories (2) , current job openings (3) and expectations for higher sales (2). It is important to note that most of April data were collected immediately after Congress failed to repeal and replace Obamacare.2017-05-09T10:18:10"
US Stocks Edge Higher To Book Weekly Gains,Stock Market,"US Stocks Edge Higher To Book Weekly GainsUnited States Stock MarketWall Street closed moderately in the green on Friday, as non farm payrolls  increased by 211K in April, higher than a downwardly revised 79K in March and beating expectations of 185K. Also, commodities gains boosted mining stocks. The Dow Jones closed up 55 points, or 0.3 percent, to 21007. The S&P 500 gained 10 points, or 0.4 percent, to 2399 and rose to a new high. The Nasdaq jumped 25 points, or 0.4 percent, to 6101. All three major indices nothced weekly gains, with the Dow Jones advancing 0.3 percent; the S&P 500 0.6 percent; and the Nasdaq 0.9 percent. 2017-05-05T20:07:02"
US Consumer Credit Rises More Than Expected,Consumer Credit,"US Consumer Credit Rises More Than ExpectedUnited States Consumer CreditConsumer credit in the United States increased by $16.43 billion in March of 2017, following a downwardly revised $13.75 billion rise in February and above market expectations of $14 billion. Nonrevolving credit went up by $14.47 billion, compared with a $12.09 billion rise in February. Revolving credit increased by $1.96 billion, after rising by $1.66 billion in the previous month.2017-05-05T19:04:04.733"
US Unemployment Rate Falls To Near 10-Year Low,Unemployment Rate,"US Unemployment Rate Falls To Near 10-Year LowUnited States Unemployment RateUS unemployment rate fell to 4.4 percent in April 2017 from 4.5 percent in the previous month, better than market expectations of 4.6 percent. It was the lowest jobless rate since May 2007, as the number of unemployed persons declined by 146 thousand to 7.1 million and the labor force participation rate edged down to 62.9 percent from an 11-month high of 63 percent in March.2017-05-05T12:30:53"
"US Economy Adds 211K Jobs In April, Beats Forecasts",Non Farm Payrolls,"US Economy Adds 211K Jobs In April, Beats ForecastsUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 211 thousand in April of 2017, higher than a downwardly revised 79 thousand in March and beating market expectations of 185 thousand. Employment rose in leisure and hospitality, health care and social assistance, financial activities, and mining.2017-05-05T12:30:00"
US Stocks Close Mainly Flat After House Passes Health Bill,Stock Market,"US Stocks Close Mainly Flat After House Passes Health BillUnited States Stock MarketWall Street closed around the flatline on Thursday after the House of Representatives passed a bill to replace key parts of Obamacare, following a failed attempt in March. The Dow Jones declined 6 points to 20951.5; the S&P 500 gained 1 point to 2389.5 and the Nasdaq ended 3 points higher at 6075.3.2017-05-04T20:10:12.36"
US Stocks Mixed After House Passes Health Bill,Stock Market,"US Stocks Mixed After House Passes Health BillUnited States Stock MarketWall Street traded mixed on Thursday after the House of Representatives passed a bill to replace key parts of Obamacare, following a failed attempt in March. The Dow Jones declined 17 points or 0.1% while the S&P 500 and the Nasdaq traded near the flatline around 2:45 PM NY time.2017-05-04T18:50:03"
US Factory Orders Rise Less Than Expected In March,Factory Orders,"US Factory Orders Rise Less Than Expected In MarchUnited States Factory OrdersNew orders for manufactured goods in the United States edged up 0.2 percent month-over-month in March of 2017, following an upwardly revised 1.2 percent jump in February and lower than market expectations of a 0.4 percent increase. Orders for transportation equipment surged 2.6 percent, mainly due to rise in defense aircraft (31 percent), ships/boats (15.7 percent) and nondefense aircraft (7 percent). Yet, excluding transport equipment, factory orders shrank 0.3 percent and excluding defense, orders declined 0.2 percent due to drop in computers/electronics (-0.8 percent) and motor vehicles and parts (-0.9 percent). Non-defense capital goods excluding aircraft orders, seen as a proxy for business spending plans increased 0.5 percent. 2017-05-04T14:12:22"
US Labor Cost Rise 3% QoQ in Q1,Labour Costs,"US Labor Cost Rise 3% QoQ in Q1United States Labour CostsUnit labor costs in the nonfarm business sector increased 3.0 percent in the first quarter of 2017, reflecting a 2.4 percent increase in hourly 
compensation and a 0.6 percent decline in productivity. Unit labor costs  increased 2.8 percent over the last four quarters. 2017-05-04T12:46:01.49"
US 10Y Bond Yield Moves Up By 2%,bond,US 10Y Bond Yield Moves Up By 2%united states bondUnited States 10 Year Government Bond Yield increased by 2% to 2.3559%2017-05-04T12:44:48.047
US Imports Fall 0.7% In March,Imports,"US Imports Fall 0.7% In MarchUnited States ImportsTotal imports to the United States dropped 0.7 percent month-over-month to USD 234.7 billion in March 2017, as imports of capital goods fell 1.8 percent from a two-year high and those of civilian aircraft shrank 27.1 percent. Meanwhile, purchases of automobiles and parts rose 3.9 percent. On a non-seasonally adjusted basis, imports of goods rose 4.4 percent from China to USD 34.2 billion, boosted by cellphones. Also, purchases increased from Mexico (17.3 percent), the EU (13.9 percent) and Canada (13 percent).2017-05-04T12:38:49"
US Productivity Contracts 0.6% QoQ in Q1,Productivity,"US Productivity Contracts 0.6% QoQ in Q1United States ProductivityNonfarm business sector labor productivity in the United States decreased at a seasonally adjusted annual rate of 0.6 percent during the first quarter of 2017, following a upwardly revised 1.8 percent rise in the previous period and below market expectations of an 0.2 percent gain. Output per worker increased 1 percent and hours worked rose 1.6 percent. 
2017-05-04T12:35:10"
US Trade Gap Lowest In 5 Months In March,Balance of Trade,US Trade Gap Lowest In 5 Months In MarchUnited States Balance of TradeThe goods and services deficit in the United States narrowed slightly to USD 43.7 billion in March of 2017 from an upwardly revised USD 43.8 billion gap a month earlier and lower than market expectations of a USD 44.5 billion shortfall. Exports declined for the first time in four months mainly due to lower sales to China and imports fell for the second straight month.2017-05-04T12:34:30
US Initial Jobless Claims At 3-Week Low,Initial Jobless Claims,"US Initial Jobless Claims At 3-Week Low United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 19 thousand to 238 thousand in the week ended April 29th, 2017 from the previous week's unrevised level of 257 thousand and below market expectations of 247 thousand. It is the lowest figure in three weeks. Meanwhile, the 4-week moving average, which removes week-to-week volatility, increased by 750 to 243 thousand. The continuing claims drawn by workers for more than a week decreased by 23 thousand from a 17-year low to 1.964 million.2017-05-04T12:34:09.607"
US Exports Fall 0.9% In March,Exports,"US Exports Fall 0.9% In MarchUnited States ExportsTotal exports from the United States fell 0.9 percent month-over-month to USD 191.0 billion in March 2017, as sales of automobiles and parts declined 6.2 percent. Meanwhile, exports of capital goods rose 1.6 percent and those of civilian aircraft went up 6.7 percent. On a non-seasonally adjusted basis, exports to China fell 1.8 percent while those to Mexico and Canada rose 15.8 percent and 17.9 percent, respectively.2017-05-04T12:31:35"
US Challenger Job Cuts At 6-Month Low,Challenger Job Cuts,"US Challenger Job Cuts At 6-Month LowUnited States Challenger Job CutsUS based employers announced plans to shed 36,602 workers from payrolls in April of 2017, down 15 percent from March and the lowest so far this year. The most jobs were eliminated in: retail (11,669); automotive (3,424); health care/products (3,153); government (2,314) and aerospace/defense (2,102). Compared with the same month a year earlier, planned job cuts fell 43 percent. Employers have announced a total of 162,803 planned job cuts through the first four months of 2017, down 35 percent year-on-year and the lowest January-April total since 2014.2017-05-04T11:38:00.317"
Fed Leaves Rates Unchanged,Interest Rate,"Fed Leaves Rates Unchanged United States Interest RateThe Federal Reserve left the target range for its federal funds rate steady at 0.75 percent to 1 percent during its May 2017 meeting, in line with market expectations. Policymakers said the labor market has continued to strengthen despite a slowdown in economic activity during the first quarter, seen as transitory. 2017-05-03T17:59:18"
US Crude Oil Inventories Fall Less Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall Less Than Expected United States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 0.930 million barrels in the week ended April 28th, 2017, following a 3.641 million decrease in the previous period and compared to market expectations of a 2.333 million decline. Gasoline stocks rose by 0.191 million, compared to expectations of a 1.322 million increase.2017-05-03T14:32:59.56"
US Services Sector Growth Beats Expectations In April: ISM,Non Manufacturing PMI,"US Services Sector Growth Beats Expectations In April: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States went up to 57.5 in April of 2017 from 55.2 in March, beating market expectations of 55.8. Business activity increased and new orders reached the highest since August of 2005 as non-manufacturers were mostly positive about business conditions and the overall economy.2017-05-03T14:07:10"
US Private Sector Expands More Than Estimated: Markit,Composite Pmi,"US Private Sector Expands More Than Estimated: MarkitUnited States Composite PmiThe seasonally adjusted Markit US Composite PMI Output Index rose to 53.2 in April 2017 from 53 in March and above a flash estimate of 52.7, as growth accelerated in services (PMI at 53.1 from 52.8 in March) but slowed to a seven-month low in manufacturing (PMI at 52.8 from 53.3 in March). Despite a slight improvement in private sector expansion, the rate of growth remained down on those seen on average over the past six months and the pace of job creation eased to the lowest since February 2010.2017-05-03T13:55:48"
US Services PMI Revised Up In April: Markit,Services PMI,"US Services PMI Revised Up In April: MarkitUnited States Services PMIThe seasonally adjusted Markit US Services Business Activity Index rose to 53.1 in April 2017 from 52.8 in March and above a flash reading of 52.5. New business growth remained moderate and backlogs of work declined for the third consecutive month. Also, job creation slowed to the weakest level since July 2010, while service providers remained upbeat about their prospects for growth over the next 12 months. On the price front, the rate of inflation accelerated for a second month in a row to reach its highest level since July 2015.2017-05-03T13:48:59.313"
US Private Sector Adds Least Jobs In 6 Months,ADP Employment Change,"US Private Sector Adds Least Jobs In 6 MonthsUnited States ADP Employment ChangePrivate businesses in the United States hired 177 thousand workers in April of 2017 compared to a downwardly revised 255 thousand in March and slightly higher than market expectations of 175 thousand. It is the lowest reading in six months.The service-providing sector added 165 thousand jobs, boosted by professional and business (72 thousand); education and health (41 thousand); leisure and hospitality (35 thousand); other services (9 thousand); trade, transportation and utilities (5 thousand); financial activities (2 thousand) and information (1 thousand). Meanwhile, the goods-producing sector added 12 thousand jobs, namely manufacturing (11 thousand) and natural resources and mining (3 thousand) while construction shed 2 thousand jobs. Midsized companies were the ones hiring more (78 thousand), followed by small (61 thousand) and large (38 thousand).2017-05-03T12:17:26"
US Mortgage Applications Fall In Latest Week: MBA,Mortgage Applications,"US Mortgage Applications Fall In Latest Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States edged down 0.1 percent in the week ended April 28th 2017, following a 2.7 percent rise in the previous period, data from the Mortgage Bankers Association showed. Refinance applications declined 4.7 percent while applications to purchase a home jumped 4.2 percent. Average fixed 30-year mortgage rates rose by 3bps to 4.23 percent.2017-05-03T11:01:19"
US Stocks Edge Higher As Nasdaq Hits New High,Stock Market,"US Stocks Edge Higher As Nasdaq Hits New HighUnited States Stock MarketWall Street closed slightly in the green on Tuesday, with technology shares leading gains ahead of Apple’s earnings report and the Fed’s policy review. The Dow Jones closed 36 points higher, or 0.2 percent, to 20950. The S&P 500 edged up 3 points, or 0.1 percent, to 2391. The Nasdaq hit a new record, advancing 4 points, or 0.1 percent, to 6095.2017-05-02T20:07:30"
US ISM New York Index Falls In April,Ism New York Index,"US ISM New York Index Falls In AprilUnited States Ism New York IndexThe ISM New York Current Business Conditions in the United States decreased to 55.8 in April 2017 from 56.5 in the previous month. The index of current revenues fell to 55 in April from a 20-month high of 65 in March, and that of expected revenues declined to 65 from a 19-month high of 80. Also, employment dropped further to 45.1 (from 47.7 in March) and the index of quantity of purchases went down to 48.4 (from 57.4). Prices paid increased for the first time since November 2016, rising to 54.7 in April from 48.1 in March.2017-05-02T14:56:17.89"
US Shares Gain Ahead Of Fed Meeting,Stock Market,"US Shares Gain Ahead Of Fed MeetingUnited States Stock MarketUS equities traded higher on Tuesday as the Fed began a two-day monetary policy meeting while investors await earnings from Apple today and April jobs report due Friday. The Dow Jones added 38 points, or 0.2%, to 20,951; the S&P 500 advanced 2 points, or 0.1%, to 2,390; and the Nasdaq traded near the flat line around 15 minutes after the opening bell.2017-05-02T13:44:53.423"
US Stocks End Mixed On Monday As Shutdown Averted,Stock Market,"US Stocks End Mixed On Monday As Shutdown AvertedUnited States Stock MarketUS stocks closed mixed on Monday as Congress landed a deal to avoid a shutdown; investors await earnings reports from BP, Apple, Tesla and Facebook; and President Trump weights breaking up banks and raising the gas tax. The Dow Jones retreated 27 points, or 0.1 percent, to 20913. The S&P 500 advanced 4 points, or 0.2 percent, to 2388. The Nasdaq gained 44 points, or 0.7 percent, to 6092. 2017-05-01T20:06:01"
US Construction Spending Unexpectedly Falls In March,Construction Spending,"US Construction Spending Unexpectedly Falls In March United States Construction SpendingConstruction spending in the US fell by 0.2 percent to $1.2 trillion in March 2017 compared with an upwardly revised 1.8 percent jump in February and below market expectations of a 0.4 percent increase. Public construction spending went down 0.9 percent, with outlays on education and transportation declined by 2 percent and 4 percent, respectively. Meanwhile, spending on private construction projects was flat, after five straight months of gains, as 1.2 percent increase in residential construction spending was offset by 1.3 percent drop in nonresidential one. 2017-05-01T14:09:40.613"
US Factory Activity Growth Eases To 4-Month Low: ISM,Business Confidence,"US Factory Activity Growth Eases To 4-Month Low: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI in the US fell to 54.8 in April 2017 from 57.2 in March and below market expectations of 56.5. It was the lowest reading since December 2016, as new orders and employment expanded at a slower pace.2017-05-01T14:01:22"
US Manufacturing PMI Confirmed At 7-Month Low: Markit,Manufacturing PMI,"US Manufacturing PMI Confirmed At 7-Month Low: MarkitUnited States Manufacturing PMIThe seasonally adjusted Markit final US Manufacturing PMI fell to 52.8 in April 2017 from 53.3 in March, matching a flash estimate. It was the lowest reading since September 2016, as a slowdown in output and new business growth more than offset a slight rebound in job creation.2017-05-01T13:48:32"
US Equities Trade Higher On Monday,Stock Market,"US Equities Trade Higher On MondayUnited States Stock MarketUS stocks traded in the green on Monday as the government avoided a shutdown and investors await earnings reports from BP, Apple, Tesla and Facebook, and several key economic data including Fed's policy decision on Wednesday. The Dow Jones rose 8 points, or less than 0.1%, to 20,948; the S&P 500 added 4 points, or 0.2%, to 2,388; and the Nasdaq advanced 24 points, or 0.4%, to 6,070 around 10 minutes after the opening bell.2017-05-01T13:39:46"
US PCE Price Index Falls 0.2% MoM In March,PCE Price Index Monthly Change,"US PCE Price Index Falls 0.2% MoM In MarchUnited States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States fell 0.2 percent month-over-month in March 2017, following a 0.1 percent rise in the previous period. Prices for services decreased by 0.1 percent, after rising 0.2 percent in February and cost of goods declined 0.6 percent after 0.1 percent drop in the previous month. Compared to the same month a year earlier, the PCE price index went up 1.8 percent. Excluding food and energy, the so-called core PCE price index fell by 0.1 percent month-over-month and rose by 1.6 percent from the previous year.2017-05-01T12:44:58.193"
US Personal Spending Unchanged For Second Month,Personal Spending,"US Personal Spending Unchanged For Second MonthUnited States Personal SpendingPersonal spending in the United States was unchanged for the second straight month in March 2017, missing market expectations of a 0.2 percent gain. An increase in spending for services, notably spending for household utilities was partially offset by a decrease in spending for durable goods, mainly in motor vehicles and parts.2017-05-01T12:40:25"
US Personal Income Rises Less Than Expected In March,Personal Income,"US Personal Income Rises Less Than Expected In MarchUnited States Personal IncomePersonal income in the United States rose by 0.2 percent month-over-month in March 2017, following an downwardly revised 0.3 percent increase in February and below market expectations of 0.3 percent. Wages and salaries edged up by 0.1 percent, compared to 0.5 percent increase in February, while personal current transfer receipts rose by 0.4 percent after growing by 0.1 percent in the previous month. Meanwhile, contributions for government social insurance, a subtraction in the calculation of personal income, were flat after an increase of 0.4 percent in February.2017-05-01T12:39:46"
US Stocks End Mixed To Book Strong Weekly Gains,Stock Market,"US Stocks End Mixed To Book Strong Weekly GainsUnited States Stock MarketWall Street closed slightly down on Friday, as US GDP expanded at its slowest pace in three years. The US economy grew an annualized 0.7 percent on quarter in the first quarter of 2017, following a 2.1 percent expansion in the previous period and below expectations of 1.1 percent. The slight disappointment overshadowed strong earnings in tech stocks. The Dow Jones dipped 41 points, or 0.2 percent, to 20941. The S&P 500 closed 5 points down, or 0.2 percent, to 2384. The Nasdaq edged down 1 points to trade flattish. During the week, all major indices notched strong gains, with the Dow Jones jumping 1.9 percent; the S&P climbing 1.5 percent; and the Nasdaq surging 2.3 percent.2017-04-28T20:09:31"
Chicago PMI Stays At More Than 2 Year High,Chicago Pmi,"Chicago PMI Stays At More Than 2 Year HighUnited States Chicago PmiThe MNI Chicago Business Barometer rose to 58.3 in April of 2017 from 57.7 in the previous month, beating market expectations of 56.4. It is the highest reading since January 2015. The growth was led by new orders which touched almost three-year high and employment which recovered from last month contraction. In contrast, production indicator fell 2.2 points, order backlogs contracted  for  the  fifth  consecutive  month at a much faster rate and suppliers took longer to deliver key inputs. 2017-04-28T14:06:15"
US Consumer Sentiment Revised Down In April,Consumer Confidence,"US Consumer Sentiment Revised Down In AprilUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States came in at 97 in April 2017 compared with a preliminary reading of 98 but slightly higher than 96.9 in March, a final estimate showed. The gauge of future expectations increased slightly while the barometer for current economic conditions fell.2017-04-28T14:02:06"
US Labor Costs Rise The Most Since 2007,Employment Cost Index,"US Labor Costs Rise The Most Since 2007United States Employment Cost IndexCompensation costs for civilian workers increased by 0.8 percent quarter-on-quarter in the first three month of 2017, following a 0.5 percent rise in the previous period and above market expectations of a 0.6 percent growth. It was the largest increase since Q4 of 2007. Wages and salaries, which make up about 70 percent of compensation costs, increased by 0.8 percent (0.5 percent in Q4); and benefits, which make up the remaining 30 percent, climbed by 0.7 percent (0.5 percent in Q4).2017-04-28T12:39:39"
US Economy Expands Only 0.7% in Q1,GDP Growth Rate,"US Economy Expands Only 0.7% in Q1United States GDP Growth RateThe US economy advanced an annualized 0.7 percent on quarter in the first quarter of 2017, lower than 2.1 percent in the previous three month period. It is the lowest GDP growth rate since the contraction in the first quarter of 2014. The deceleration in real GDP in the first quarter reflected a deceleration in PCE and downturns in private inventory investment and in state and local government spending that were partly offset by an upturn in exports and accelerations in both nonresidential and residential fixed investment.2017-04-28T12:32:10"
US Q1 GDP Growth Weaker Than Expected,GDP Growth Rate,"US Q1 GDP Growth Weaker Than ExpectedUnited States GDP Growth RateThe US economy grew an annualized 0.7 percent on quarter in the first quarter of 2017, following a 2.1 percent expansion in the previous period and below expectations of 1.1 percent, an advance estimate showed. The deceleration in real GDP in the first quarter reflected a deceleration in PCE and downturns in private inventory investment and in state and local government spending that were partly offset by an upturn in exports and accelerations in both nonresidential and residential fixed investment.2017-04-28T12:30:48"
US Pending Home Sales Fall Less Than Forecasted,Pending Home Sales,"US Pending Home Sales Fall Less Than ForecastedUnited States Pending Home SalesContracts to buy previously owned homes in the United States went up 0.8 percent year-on-year in March of 2017, easing from a 2.6 percent rise in February. Compared to the previous month, pending home sales slumped 0.8 percent, following a 5.5 percent jump in February and compared to market expectations of a 1 percent drop. Across main four regions, contracts fell in the Northeast (-2.9 percent), Midwest (-1.2 percent) and the West (-2.9 percent) bur rose in the South (1.2 percent). 
2017-04-27T14:10:50.083"
US Wholesale Inventories Unexpectedly Fall in March,Wholesale Inventories,"US Wholesale Inventories Unexpectedly Fall in MarchUnited States Wholesale InventoriesWholesale inventories in the United States decreased by 0.1 percent month-over-month to USD 592.8 billion in March 2017, after rising by 0.2 percent in February and below market expectations of 0.3 percent increase, according to preliminary estimates. Nondurable stocks declined by 0.9 percent (0.3 percent in February) while durable inventories went up 0.5 percent (0.2 percent in February). Wholesale stocks excluding autos, which goes into the calculation of GDP, fell by 0.2 percent. 2017-04-27T12:37:32"
US Durable Goods Orders Rise Less Than Estimated,Durable Goods Orders,"US Durable Goods Orders Rise Less Than EstimatedUnited States Durable Goods OrdersNew orders for US manufactured durable goods went up 0.7 percent month-over-month in March of 2017, following an upwardly revised 2.3 percent jump in February and below expectations of a 1.2 percent rise. Transportation went up 2.4 percent and drove the increase. In addition, orders for nondefense aircraft went up 7 percent and defense aircraft jumped 26.1 percent. Non-defense capital goods orders excluding aircraft, a closely proxy for business spending plans, increased 0.2 percent after edging up 0.1 percent in the previous month. 
2017-04-27T12:36:56"
US Jobless Claims Rise More Than Expected,Initial Jobless Claims,"US Jobless Claims Rise More Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 14 thousand to 257 thousand in the week ended April 22nd 2017 from the previous week's revised level of 243 thousand and above market expectations of 245 thousand. Meanwhile, the 4-week moving average, which removes week-to-week volatility, fell by 0.5 thousand to 242.25 thousand. The continuing claims drawn by workers for more than a week rose by 10 thousand from a 17-year low to 1.988 million.2017-04-27T12:33:12"
US Stocks Close Mixed After Tax Plan,Stock Market,US Stocks Close Mixed After Tax PlanUnited States Stock MarketWall Street finished flat to lower on Wednesday after the Trump Administration announced a reduction in corporate tax rate to 15% and a one-time tax on money held by corporations overseas. The Dow lost 21 points or 0.1% to 20975 while the S&P 500 and the Nasdaq closed near the flatline at 2387 and 6025 respectively.2017-04-26T20:16:29.323
US Stocks Rise Slightly After Tax Plan,Stock Market,"US Stocks Rise Slightly After Tax PlanUnited States Stock MarketWall Street inched up on Wednesday after the Trump Administration announced tax plan details that include a reduction in corporate tax rate to 15% and a one-time tax on money held by corporations overseas. The Dow added 36 points or 0.2%, the S&P 500 gained 5 points or 0.2% and the Nasdaq went up 5 points or 0.1% around 2:00 PM NY time.2017-04-26T18:01:21"
US Crude Oil Inventories Fall For 3rd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall For 3rd Week United States Crude Oil Stocks ChangeStocks of crude oil in the United States slumped by 3.641 million barrels in the week ended April 21st, 2017, following a 1.034 million decrease in the previous period and compared to market expectations of a 1.66 million decline. Gasoline stocks rose by 3.369 million, compared to expectations of a 1.020 million decline.2017-04-26T14:33:06.517"
Stocks in United States Hit 7-week High,stock market,Stocks in United States Hit 7-week HighUnited States stock marketDow Jones increased to a 7-week high of 210272017-04-26T13:31:34.193
US Mortgage Applications Rebound In Latest Week,Mortgage Applications,"US Mortgage Applications Rebound In Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 2.7 percent in the week ended April 21st 2017, following a 1.8 percent fall in the previous period, data from the Mortgage Bankers Association showed. Refinance applications jumped 7.2 percent while applications to purchase a home went down 1 percent. Average fixed 30-year mortgage rates fell by 2bps to 4.2 percent. It is the lowest rate since the week ended November 18th 2016.2017-04-26T11:14:27.907"
US Stocks Extend Gains On Tuesday,Stock Market,"US Stocks Extend Gains On TuesdayUnited States Stock MarketWall Street extended gains on Tuesday boosted by stronger-than-expected earnings reports from Caterpillar, McDonald's, 3M and DuPont. Also improving optimism, President Trump signaled he will not push for the border wall’s funding until September, trying to avoid a government shutdown as spending plan negotiations continue in Congress. The Dow Jones closed 232 points up, or 1.1 percent, to 20996. The S&P 500 gained 15 points, or 0.6 percent, to 2389. The Nasdaq ended up 42 points, or 0.7 percent, to 6025, clinching a new high.2017-04-25T20:06:23"
US 10Y Bond Yield Moves Up By 2%,bond,US 10Y Bond Yield Moves Up By 2%united states bondUnited States 10 Year Government Bond Yield increased by 2% to 2.3215%2017-04-25T18:05:44.44
Dollar Index Hits 23-week Low,currency,Dollar Index Hits 23-week LowUnited States currencyUS Dollar decreased to a 23-week low of 98.832017-04-25T14:24:46.43
US New Home Sales Rise To 8-Month High In March,New Home Sales,"US New Home Sales Rise To 8-Month High In MarchUnited States New Home SalesSales of new single-family houses in the United States unexpectedly jumped by 5.8 percent to a seasonally adjusted annual rate of 621 thousand in March 2017 from a downwardly revised 587 thousand in February. The figure came in well above market expectations of 583 thousand to hit the highest level since July 2016, as sales rose mostly in the Northeast region (25.8 percent) and in the West (16.7 percent).2017-04-25T14:05:01"
US Richmond Fed Manufacturing Index Remains Strong,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Remains StrongUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia decreased to 20 in April of 2017 from 22 in the previous month, but beat market expectations of 16. Despite the slight drop, the index remained at or above 20 for two consecutive months for the first time since 1994. The index for shipments rose (25 from 17) and the index for new orders remained very strong at 26. The index for number of employment fell to 5 from 20 while majority of firms continued to report longer workweeks and increased wages. Looking six months ahead, manufacturing executives remained generally optimistic, although many of the indexes fell slightly compared to March. The only two indexes that increased were expected capacity utilization and expected capital expenditures. 2017-04-25T14:04:33"
"US Stocks Rally, Nasdaq Breaks Above 6,000",Stock Market,"US Stocks Rally, Nasdaq Breaks Above 6,000United States Stock MarketUS equities traded in the green on Tuesday boosted by stronger-than-expected earnings reports from Caterpillar, McDonald's, 3M and DuPont. The Dow Jones jumped 182 points, or 0.9%, to 20,946; the S&P 500 added 10 points, or 0.4%, to 2,384; and the Nasdaq advanced 22 points, or 0.4%, to 6,006 around 10 minutes after the opening bell.2017-04-25T13:38:49"
US Home Prices Rise More Than Expected: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Prices Rise More Than Expected: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite index of 20 metropolitan areas in the US rose 5.9 percent year-on-year in February 2017, following a 5.7 percent advance in the previous month and beating market expectations of a 5.7 percent gain. Prices rose the most in Seattle (12.2 percent), Portland (9.7 percent) and Dallas (8.8 percent). Meanwhile, the national index, covering all nine US census divisions rose 5.8 percent, the sharpest increase in 32 months.2017-04-25T13:09:24"
US House Prices Surge 0.8% MoM in February: FHFA,FHFA House Price Index MoM,"US House Prices Surge 0.8% MoM in February: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.8 percent in February of 2017 over the previous month, following an upwardly revised 0.2 percent rise in January and above expectations of a 0.3 percent gain. It is the biggest gain since March 2016. Among regional devisions house prices rose the most in: East South Central (1.8 percent vs -1.1 in January) followed by New England (1.7 percent vs 0.4 percent), West South Central (1.3 percent vs 0.4 percent), Mountain (1.3 percent vs 0.6 percent) and Middle Atlantic (1.1 percent vs 0.3 percent), East North Central (0.7 percent vs 0 percent), Pacific (0.5 percent vs 0.7 percent) and West North Central (0.4 percent vs 0.2 percent). The only decline was reported in South Atlantic (-0.1 percent vs 0.1 percent). 2017-04-25T13:04:49"
US Stocks Close Sharply Higher After French Election,Stock Market,"US Stocks Close Sharply Higher After French ElectionUnited States Stock MarketWall street surged on Monday after the French Election results and as President Trump’s advisors will begin to discuss the administration’s tax plan with Republican Congress leaders. The Dow Jones was up 216 points, or 1.1 percent, to 20764. The S&P 500 ended 26 points higher, or 1.1 percent, to 2374. The Nasdaq increased by 73 points, or 1.2 percent, to 5984, a new record high.2017-04-24T20:14:26"
Dallas Fed Manufacturing Index Below Expectations,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Below Expectations United States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas edged down to 16.8 in April of 2017 from 16.9 in March and a seven year high of 24.5 in February. Figures came slightly below expectations of 17 as slowdowns were recorded in production (15.4 from 18.6 in March); capacity utilization (11.5 from 13.2); hours worked (5.9 from 8.7) and capital expenditures (6.7 from 12.7). In contrast, increases were seen in new orders (11.5 from 9.5); shipments (9.5 from 6.5); inventories (2.2 from 0); employment (8.5 from 8.4) while prices received went up (12 from 7.5) and paid declined (20.8 from 25.2). 2017-04-24T14:46:51.193"
US Stocks Jump After French Vote,Stock Market,"US Stocks Jump After French VoteUnited States Stock MarketWall Street opened the week with gains on Monday as investors mood improved after Macron’s victory in the first round of the French presidential election. The Dow Jones went up 202 points or 1%, the S&P 500 added 25 points or 1.1% and the Nasdaq gained 65 points or 1.1% to hit an all-time high of 5976 around 4 minutes after the opening bell.
2017-04-24T13:41:46.647"
US Chicago Fed National Activity Falls Sharply In March,Chicago Fed National Activity Index,"US Chicago Fed National Activity Falls Sharply In MarchUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States fell to 0.08 in March of 2017 from a downwardly revised 0.27 in the previous month and well below market expectations of 0.3. The contribution from employment-related indicators declined to 0.02 from 0.2; sales, orders, and inventories edged down to 0.07 from 0.09. In addition, the contribution from production-related indicators was unchanged at 0.04 and the one from personal consumption and housing remained negative (-0.05 from -0.06).2017-04-24T12:38:09.137"
US Stocks End Lower On Friday But Book Weekly Gains,Stock Market,"US Stocks End Lower On Friday But Book Weekly GainsUnited States Stock MarketWall Street closed modestly lower on Friday, ahead of the French presidential election on Sunday and amid a drop in oil prices while investors shifted their attention to President Trump’s upcoming tax-reform plan. The Dow Jones closed 31 points lower, or 0.2 percent, to 20548. The S&P 500 ended up 7 points, or 0.3 percent, to 2349. The Nasdaq edged down 6 points, or 0.1 percent, to 5911. All major indices notched weekly gains, with the Dow Jones rising 0.5 percent; the S&P 500 0.8 percent; and the Nasdaq 1.8 percent. 2017-04-21T22:56:15"
US Existing Home Sales At 10-Year High,Existing Home Sales,"US Existing Home Sales At 10-Year HighUnited States Existing Home SalesSales of previously owned houses in the United States jumped 4.4 percent month-over-month to a seasonally adjusted annual rate of 5710 thousand in March of 2017 from a downwardly revised 5470 thousand in the previous month and beating market expectations of 5600 thousand. It is the highest value since February of 2007 due to a 4.3 percent rise in sales of single family houses (-3.4 percent in February 2017) and a 5 percent gain in condos (-7.7 percent). The average price went up 3.3 percent after being flat in the previous month and the months' worth of supply was steady at 3.8 percent. In addition, the number of houses available in the market increased to 1830 thousand from 1730 thousand.2017-04-21T14:09:12"
US Private Sector Growth Eases To 7-Month Low: Markit,Composite Pmi,"US Private Sector Growth Eases To 7-Month Low: MarkitUnited States Composite PmiThe seasonally adjusted Markit Flash US Composite PMI Output Index declined to 52.7 in April 2017 from 53 in March. The figure pointed to the weakest rate of expansion in private sector activity since September 2016, as growth slowed in both services (PMI at 52.5 from 52.8 in March) and manufacturing (PMI at 52.8 from 53.3 in March). The data also pointed to the weakest growth in private sector payroll numbers since February 2010, as the pace of hiring in services sector eased. Input price inflation was the highest since June 2015 while prices charged by firms increased at the slowest pace since November 2016.2017-04-21T13:55:37"
US Factory Activity Growth Lowest in 7 Months,Manufacturing PMI,"US Factory Activity Growth Lowest in 7 MonthsUnited States Manufacturing PMIThe Markit US Manufacturing PMI fell to 52.8 in April of 2017 from 53.3 in March and well below market expectations of 53.5, flash figures showed. It is the lowest reading since September of 2016, indicating another slowdown in manufacturing growth from the near two-year high in January, mainly due slower expansion in output and new orders. 2017-04-21T13:50:46"
US Service Activity Growth Below Expectations: Markit,Services PMI,"US Service Activity Growth Below Expectations: MarkitUnited States Services PMIThe seasonally adjusted Markit Flash U.S. Services PMI Business Activity Index fell to 52.5 in April 2017 from 52.8 in March and below market expectations of 53. The reading pointed to the weakest expansion across the service sector since September last year, as new business growth remained moderate and backlogs of work declined for the third consecutive month. Also, employment growth slowed to the weakest level since July 2010. Still, service providers remained upbeat about their prospects for growth over the next 12 months.2017-04-21T13:49:54"
US Stocks End Higher On Thursday,Stock Market,"US Stocks End Higher On Thursday United States Stock MarketWall Street closed deep in the green on Thursday amid a small recovery in oil prices and mixed earnings reports: American Express, Danaher and Blackstone beat estimates while earnings from Verizon came below expectations. Comments from US Treasury Secretary Steven Mnuchin that the administration will unveil a ""major tax reform"" in the near future also encouraged sentiment. The Dow Jones ended 174 points up, or 0.9 percent, to 20579. The S&P 500 gained 18 points, or 0.8 percent, to 2356. The Nasdaq closed 54 points higher, or 0.9 percent, to 5917.2017-04-20T20:05:35"
US Stocks Trade With Gains,Stock Market,"US Stocks Trade With GainsUnited States Stock MarketWall Street opened in the green on Thursday amid a small recovery in oil prices and mixed earnings report: American Express, Danaher and Blackstone beat estimates while earnings for Verizon came below expectations. The Dow Jones edged 49 points or 02% higher, the S&P 500 gained 7 points or 0.3% and the Nasdaq rose 30 points or 0.5% around 6 minutes after the opening bell. 2017-04-20T13:43:55.743"
US 10Y Bond Yield Moves Up By 2%,bond,US 10Y Bond Yield Moves Up By 2%united states bondUnited States 10 Year Government Bond Yield increased by 2% to 2.2463%2017-04-20T13:13:09.157
Philadelphia Fed Manufacturing Index At 4-Month Low,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index At 4-Month LowUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index fell to 22 in April of 2017 compared to 32.8 in March and a 33-year high of 43.3 in February. Still, the reading pointed to the expansion in factory activity but at the slowest pace in four months. Growth slowed for new orders (27.4 from 38.6 in March), shipments (23.4 from 32.9) and unfilled orders (6.6 from 14.4). In contrast, companies reported an increase in inventories (17.8 from 11.8), employment (19.9 from 17.5) and average work week (18.9 from 18.5). Also, cost pressure eased for both prices paid (33.7 from 40.7) and received (16.6 from 20.6). Future indicators continued to reflect general optimism but retreated from their high readings in the first three months of the year.

2017-04-20T12:38:59"
US Jobless Claims Rise More Than Expected,Initial Jobless Claims,"US Jobless Claims Rise More Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 10 thousand to 244 thousand in the week ended April 15th 2017 from the previous week's unrevised level of 234 thousand and above market expectations of 242 thousand. The 4-week moving average, which removes week-to-week volatility, fell by 4.25 thousand to 243 thousand. The continuing claims drawn by workers for more than a week fell by 49 thousand to 1.979 million, the lowest level since April 2000.2017-04-20T12:32:04"
US Equities Close Mixed On Wednesday,stock market,"US Equities Close Mixed On Wednesday United States stock marketWall Street finished mostly in the red on Wednesday amid a sharp drop in oil prices and disappointing quarterly sales from IBM, while Morgan Stanley and Blackrock earnings beat expectations. In economic highlights, the Fed’s Beige Book report showed that the pace of economic expansion in the US was “equally split between modest and moderate” across the 12 covered districts. The Dow Jones slid 119 points, or 0.6 percent, to 20404. The S&P 500 lost 4 points, or 0.2 percent, to 2338. In contrast, the Nasdaq closed 14 points higher, or 0.2 percent, to 5863.2017-04-19T18:52:47"
US Crude Oil Inventories Fall For 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall For 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.034 million barrels in the week ended April 14th, 2017, following a 2.166 million decrease in the previous period and compared to market expectations of a 1.47 million decline. Gasoline stocks rose by 1.542 million, compared to expectations of a 1.938 million decline.2017-04-19T14:33:30.85"
US Stocks Bounce Back On Wednesday,Stock Market,US Stocks Bounce Back On WednesdayUnited States Stock MarketWall Street traded mostly in the green on Wednesday as the earnings season continues with Morgan Stanley and Blackrock earnings beating expectations. The Dow Jones traded around the flatline at 20530; the S&P 500 added 8 points or 0.3% and the Nasdaq gained 31 points or 0.5% around 9 minutes after the opening bell. 2017-04-19T13:46:44
US Mortgage Applications Fall 1.8% In Latest Week,Mortgage Applications,"US Mortgage Applications Fall 1.8% In Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States dropped 1.8 percent in the week ended April 14th 2017, following a 1.5 percent rise in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home went down 3.4 percent while refinance applications edged up 0.2 percent. Average fixed 30-year mortgage rates fell for the second week by 6bps to 4.22 percent. It is the lowest rate since the week ended November 18th 2016.2017-04-19T11:04:23.31"
US Stocks End Lower On Earnings,Stock Market,"US Stocks End Lower On EarningsUnited States Stock MarketWall Street closed in the red on Tuesday with financials among the worst performers after weaker-than-expected first-quarter results from Goldman Sachs weighed on sentiment. The Dow Jones lost 114 points, or 0.6 percent, to 20523. The S&P 500 closed 7 points lower, or 0.3 percent, to 2342. The Nasdaq declined by 7 points, or 0.1 percent, to 5849. 2017-04-18T20:05:46"
US Stocks Fall On Tuesday,Stock Market,"US Stocks Fall On TuesdayUnited States Stock MarketWall Street opened in the red on Tuesday, mainly dragged down by financials and health shares after earnings reports for Goldman Sachs disappointed and Johnson & Johnson revenues were lower than anticipated. The Dow Jones lost 85 points or 0.4%, the S&P 500 declined 6 points or 0.3% and the Nasdaq traded 13 points or 0.2% lower around 8 minutes after the opening bell. 2017-04-18T13:42:57.293"
US Industrial Production Rises As Utilities Output Rebounds,Industrial Production Mom,"US Industrial Production Rises As Utilities Output ReboundsUnited States Industrial Production MomUS industrial production rose by 0.5 percent month-over-month in March 2017, following a 0.1 percent gain in February and matching market expectations. Utilities output jumped 8.6 percent, the largest gain on record, and mining output edged up 0.1 percent, while manufacturing production fell 0.4 percent, missing consensus of a 0.1 percent gain. For the first quarter as a whole, industrial production rose at an annual rate of 1.5 percent.2017-04-18T13:18:47"
US Building Permits Rise More Than Expected In March,Building Permits,"US Building Permits Rise More Than Expected In MarchUnited States Building PermitsUS building permits rose by 3.6 percent month-over-month to a seasonally adjusted annualized rate of 1,260 thousand in March 2017 after falling by 6 percent in February and beating market expectations of a 2.8 percent increase. Authorizations of units in buildings with five units or more went up 18.3 percent to 401 thousand while single-family authorizations fell 1.1 percent to 823 thousand. Among regions, building permits rose in the West (16.7 percent), in the Northeast (15.5 percent) and in the South (6 percent), but fell in the Midwest (-22 percent).2017-04-18T12:30:04"
US Housing Starts Fall More Than Expected,Housing Starts,"US Housing Starts Fall More Than ExpectedUnited States Housing StartsHousing starts in the United States slumped 6.8 percent from the previous month to a seasonally adjusted annualized rate of 1215 thousand in March of 2017, following an upwardly revised 1303 thousand in the previous month and much worse than market expectations of a 3 percent drop. It is the lowest rate in four months, led by drops in the Midwest.2017-04-18T12:29:31"
US Stocks Rise Ahead Of Earnings Season,Stock Market,"US Stocks Rise Ahead Of Earnings SeasonUnited States Stock MarketWall Street closed moderately up on Monday with financial stocks among the best performers, as faster economic growth in China and optimism ahead of earnings season momentarily cooled geopolitical risk. The Dow Jones gained 184 points, or 0.9%, to 20,637. The S&P 500 increased by 20 points, or 0.9%, to 2,349. The Nasdaq closed 52 points higher, or 0.9%, to 5,857.2017-04-17T20:05:59"
Foreign Investors Buy $19.3 Billion Of US Assets,Capital Flows,"Foreign Investors Buy $19.3 Billion Of US AssetsUnited States Capital FlowsOverseas investors bought $19.3 billion of US assets in February 2017, including short-dated instruments after buying an upwardly revised $121.2 billion in January. Meanwhile, foreigners bought $53.4 billion of long-term US securities, including government and corporate, after buying $5.9 billion in the previous month. Foreign investors sold $13.5 billion of US treasuries, after selling $7.2 billion in January.2017-04-17T20:03:07"
US Homebuilder Sentiment Falls From 11-Year High,Nahb Housing Market Index,US Homebuilder Sentiment Falls From 11-Year HighUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States fell to 68 in April 2017 from an eleven-year high of 71 in the previous month and below market consensus of 70. The index of current single-family home sales decreased 3 points to 74; sales expectations over the next six months went down 3 points to 75; and buyer traffic edged down 1 point to 52.2017-04-17T14:01:49.967
US Stocks Open Higher On Monday,Stock Market,"US Stocks Open Higher On MondayUnited States Stock MarketWall Street opened in the green on Monday amid geopolitical tensions with North Korea, a weaker dollar and better-than-expected GDP data for China. The Dow Jones added 76 points or 0.4%, the S&P 500 went up 6 points or 0.3% and the Nasdaq gained 22 points or 0.4% around 5 minutes after the opening bell.2017-04-17T13:36:58.37"
Factory Activity Growth in NY State At 5-Month Low,NY Empire State Manufacturing Index,"Factory Activity Growth in NY State At 5-Month LowUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index in the US decreased to 5.2 in April from 16.4 in March of 2017.  The reading still pointed to the expansion in factory activity in New York State but at much slower pace as slower growth was reported for: new orders (7 from 21.3 in March); unfilled orders (12.4 from 14.2) and average workweek (8.8 from 15). In contrast, situation improved in shipments (13.7 from 11.3); inventories (3.6 from -2.7); employment (13.9 from 8.8); and six-month outlook (39.9 from 37.4). Also, modest increases were recorded for prices paid (32.8 from 31) and received (12.4 from 8.8).2017-04-17T12:39:44"
"US Business Inventories Rise 0.3%, Match Forecasts",Business Inventories,"US Business Inventories Rise 0.3%, Match ForecastsUnited States Business InventoriesManufacturers’ and trade inventories in the United States increased 0.3 percent month-over-month in February of 2017, following a 0.3 percent rise in January and matching market expectations. Inventories of motor vehicles and parts rose 1 percent, following a 2.5 percent jump in January. Excluding autos, which go into the calculation of GDP, inventories were unchanged for a second month. Inventories also rose at wholesalers (0.4 percent from -0.2 percent in January), retailers (0.3 percent from from 0.9 percent) and manufacturers (0.2 percent from 0.3 percent). In addition, business sales went up 0.2 percent.2017-04-14T14:02:36.733"
US Retail Sales Drop 0.2% in March,Retail Sales MoM,US Retail Sales Drop 0.2% in MarchUnited States Retail Sales MoMRetail sales in the United States decreased by 0.2 percent month-over-month in March 2017 after February figures were revised to a 0.3 percent drop which previously was reported as a 0.1 percent gain. The primary drivers of the decline were lower spending at auto dealerships and gas stations. It was the first consecutive two-month drop in more than two years. Sales was down in six of 13 major retail categories in March.2017-04-14T12:31:26
US Inflation Rate Down To 2.4% In March,Inflation Rate,"US Inflation Rate Down To 2.4% In MarchUnited States Inflation RateConsumer prices in the United States increased 2.4 percent year-on-year in March of 2017, lower than 2.7 percent in February and below market expectations of 2.6 percent. It is the lowest inflation rate in three months due to a slowdown in energy and services cost. On a monthly basis, consumer prices went down 0.3 percent, the first drop in 13 months.2017-04-14T12:30:46"
US Stocks Fall On Thursday Amid Geopolitical Unease,Stock Market,"US Stocks Fall On Thursday Amid Geopolitical UneaseUnited States Stock MarketWall Street closed moderately in the red on Thursday, as mounting political tension continued after the US launched a bombing campaign in Afghanistan. Stocks linked to safe-haven assets outperformed the market on Thursday, with all major indices booking losses. The Dow Jones fell 139 points, or 0.7 percent, to 20453. The S&P 500 lost 16 points, or 0.7 percent, to 2329. The Nasdaq closed down 31 points, or 0.5 percent, to 5805. 2017-04-13T20:01:50"
US 10Y Bond Yield Moves Down By 2%,bond,US 10Y Bond Yield Moves Down By 2%united states bondUnited States 10 Year Government Bond Yield decreased by 2% to 2.2498%2017-04-13T16:05:10.13
US Consumer Sentiment At 3-Month High,Consumer Confidence,"US Consumer Sentiment At 3-Month HighUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States rose to 98 in April of 2017 from 96.9 in the previous month, according to preliminary estimates. Figures beat market forecasts of 96.5, boosted by an improvement in current financial and economic situation.2017-04-13T13:59:13"
US Producer Prices Fall For First Time In 7 Months,Producer Price Inflation MoM,"US Producer Prices Fall For First Time In 7 MonthsUnited States Producer Price Inflation MoMUS producer prices for final demand fell 0.1 percent month-over-month in March 2017, following a 0.3 percent rise in the previous month and compared to expectations of a flat reading. It was the first drop in producer prices since August last year, as cost for final demand services fell 0.1 percent, mainly due to lower energy prices, and cost for final demand goods also declined 0.1 percent. Excluding foods, energy, and trade services, prices edged up 0.1 percent in March, the tenth straight month of advance. Year-on-year, producer prices climbed 2.3 percent, the largest increase since March 2012, but below consensus of a 2.4 percent gain.2017-04-13T12:31:45"
US Initial Jobless Claims Edge Down To 234K,Initial Jobless Claims,"US Initial Jobless Claims Edge Down To 234KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 1 thousand to 234 thousand in the week ended April 8th 2017 from the previous period, below expectations of 245 thousand. It is the lowest figure in six weeks. The 4-week moving average that removes week-to-week volatility fell by 3 thousand to 247.25 thousand.2017-04-13T12:29:15"
Dollar Falls After Trump Comments,Currency,Dollar Falls After Trump CommentsUnited States CurrencyThe dollar index lost nearly 0.6% to a 2-week low on Thursday after President Trump said the dollar was getting too strong in an interview on Wednesday. The DXY was down 0.6% to 100.2 around 8:30 AM London time after slumping 0.7% during Asian trading hours. 2017-04-13T07:32:00.94
US Stocks Fall After President Trump Comments,Stock Market,"US Stocks Fall After President Trump Comments United States Stock MarketWall Street closed moderately in the red on Wednesday, as President Trump said the dollar “is getting too strong”; that he would prefer the Fed keep interest rates low; and that his administration won’t label China a currency manipulator. The Dow Jones declined by 59 points, or 0.3 percent, to 20592. The S&P 500 fell by 9 points, or 0.4, to 2345. The Nasdaq closed down 31 points, or 0.5 percent, to 5836. 2017-04-12T20:00:55"
US Budget Deficit Beats Estimates In March,Government Budget Value,"US Budget Deficit Beats Estimates In MarchUnited States Government Budget ValueThe US government posted a USD 176 billion budget deficit in March of 2017, compared to a USD 108 billion gap a year earlier and above market expectations of USD 167 billion. Outlays increased 17 percent to USD 393 billion while receipts fell by 5 percent to USD 217 billion. 2017-04-12T17:59:53.757"
US Crude Oil Inventories Unexpectedly Drop,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly DropUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 2.166 million barrels in the week ended April 7th, 2017, following a 1.566 million increase in the previous period. It is the first fall in four weeks and compared to market expectations of a 0.087 million rise. Gasoline stocks dropped by 2.973 million, compared to expectations of a 1.721 million decline. It is the 8th straight week of falls. 2017-04-12T14:31:05.22"
US Export Prices Rise More Than Expected In March,Export Prices MoM,"US Export Prices Rise More Than Expected In MarchUnited States Export Prices MoMUS export prices went up 0.2 percent on the month in March 2017, following 0.3 percent rise in February and above market expectations of 0.1 percent. Agricultural exports prices rose 0.9 percent (1.5 percent in February), driven by higher cost of meat (4.4 percent) and nuts (4.9 percent). Non-agricultural exports cost increased 0.2 percent (0.3 percent in February), led by rising prices for industrial supplies and materials, consumer goods, capital goods, and nonagricultural foods. Compared with the same month of 2016, export prices increased by 3.6 percent, the largest rise since December 2011.2017-04-12T12:31:04"
US Import Prices Fall On Lower Fuel Prices,Import Prices MoM,"US Import Prices Fall On Lower Fuel PricesUnited States Import Prices MoMPrices for US imports decreased by 0.2 percent month-over-month in March 2017, following an upwardly revised 0.4 percent gain in February and in line with market consensus. It was the first fall in import prices in four months and the sharpest decline since August last year, as fuel import prices declined 3.8 percent, the largest drop since February 2016. Meanwhile, nonfuel prices rose 0.2 percent, led by higher prices for nonfuel industrial supplies and materials and capital goods. Compared with the same month of the previous year, import prices increased by 4.2 percent.2017-04-12T12:28:50"
US Mortgage Applications Post 1st Rise In 4 Weeks,Mortgage Applications,"US Mortgage Applications Post 1st Rise In 4 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States rose 1.5 percent in the week ended April 7th 2017, following a 1.6 percent decline in the previous period, data from the Mortgage Bankers Association showed. It is the first increase in four weeks as applications to purchase a home went up 2.9 percent while refinance applications were flat. Average fixed 30-year mortgage rates fell 6bps to 4.28 percent. It is the lowest rate since the week ended January 13th 2017.2017-04-12T11:00:40"
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on TuesdayUnited States Stock MarketWall Street traded in the red on Tuesday amid rising geopolitical concerns over Syria and North Korea. The Dow Jones lost 94 points or 0.5%, the S&P 500 fell 15 points or 0.6% and the Nasdaq traded 50 points or 0.8% lower around 10:40 AM NY time.2017-04-11T14:44:22.237"
US Job Openings Rise To 7-Month High,Job Offers,"US Job Openings Rise To 7-Month HighUnited States Job OffersThe number of job openings in the United States rose to 5.743 million in February 2017 from a downwardly revised 5.625 million in the previous month and beating market expectations of 5.655 million. It was the highest value since July last year, as the number of job openings increased mostly in health care and social assistance (73,000), followed by accommodation and food services (66,000), and finance and insurance (47,000). By contrast, job openings decreased in real estate and rental and leasing (-63,000) and mining and logging (-7,000). Job openings increased in the Northeast region.2017-04-11T14:03:12.367"
US Small Business Confidence Remains Strong,NFIB Business Optimism Index,"US Small Business Confidence Remains StrongUnited States NFIB Business Optimism IndexThe NFIB Business Optimism Index in the US decreased to 104.7 in March of 2017 from 105.3 in February, matching market expectations. Despite the fall, the index remained above 104 for the fourth consecutive month, the level not seen since 2004. Slight deterioration was observed for: plans to increase inventories (-1), improvement of the economy (-1), sales expectations (-8), current stocks (-1) and job openings (-2). In contrast, gains were reported for job creation plans (1), capital expenditure plans (3) and actual earnings (4). While overall index remained strong, the uncertainty index reached 93, the second highest reading in the survey's history, pointing to deterioration in small business conditions in the near-term future. It is important to note that the March data were collected before Congress failed to pass a bill repealing and replacing Obamacare. 2017-04-11T10:08:49"
US Stocks End Mixed Friday To Book Weekly Loss,Stock Market,"US Stocks End Mixed Friday To Book Weekly LossUnited States Stock MarketWall Street erased early gains to close mostly flattish on Friday, as investors scrutinized the US military strike in Syria and the loss of momentum in job creation for March. The Dow Jones lost 7 points, or stayed flattish, to 20656. The S&P 500 decreased by 2 points, or 0.1 percent, to 2356. The Nasdaq edged down 1 points, staying flattish, to 5878. During the week, all major indices booked losses, with the Dow Jones losing 0.03 percent; the S&P 500 0.30 percent; and the Nasdaq 0.57 percent. 2017-04-07T20:05:28"
US Consumer Credit Rises More Than Expected,Consumer Credit,"US Consumer Credit Rises More Than ExpectedUnited States Consumer CreditConsumer credit in the United States increased by $15.206 billion in February of 2017, following an upwardly revised $10.865 billion rise in January and above market expectations of $13.9 billion. Nonrevolving credit went up by $12.29 billion, compared with a $13.5 billion rise in January. Revolving credit increased by $2.917 billion, after falling by $2.636 billion in the previous month.2017-04-07T19:04:22.347"
US Wholesale Inventories Rise 0.4% MoM In February,Wholesale Inventories,"US Wholesale Inventories Rise 0.4% MoM In FebruaryUnited States Wholesale InventoriesWholesale inventories in the United States increased by 0.4 percent month-over-month to USD 594.2 billion in February 2017, as previously estimated, after falling by 0.2 percent in January. Nondurable stocks rose by 0.7 percent, boosted by farm products and petroleum; and durable inventories went up 0.2 percent, mainly due to metals and electrical. Wholesale stocks excluding autos, which goes into the calculation of GDP, also increased by 0.4 percent. 2017-04-07T14:08:05.817"
US Economy Adds The Least Jobs in 10 Months,Non Farm Payrolls,"US Economy Adds The Least Jobs in 10 MonthsUnited States Non Farm PayrollsNon farm payrolls in the United States increased by 98 thousand in March of 2017, below a downwardly revised 219 thousand in February and compared to market expectations of 180 thousand. It is the lowest payroll number since May last year as retailers cut jobs while employment went up in professional, business services and mining.2017-04-07T12:29:28"
US Unemployment Rate Falls To Near 10-Year Low,Unemployment Rate,"US Unemployment Rate Falls To Near 10-Year LowUnited States Unemployment RateUS unemployment rate fell to 4.5 percent in March 2017 from 4.7 percent in the previous month, better than market expectations of 4.7 percent. It was the lowest jobless rate since May 2007, as the number of unemployed persons declined by 326,000 to 7.2 million while the labor force participation rate was unchanged at an 11-month high of 63 percent.2017-04-07T12:28:11"
US Jobless Claims At 5-Week Low,Initial Jobless Claims,"US Jobless Claims At 5-Week LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 25 thousand to 234 thousand in the week ended April 1st 2017 from the previous period, well below expectations of 250 thousand. It is the lowest figure in five weeks and the largest decline since April of 2015. The 4-week moving average that removes week-to-week volatility fell by 4.5 thousand to 250 thousand.2017-04-06T12:30:32"
US Corporate Layoffs Rise In March: Challenger,Challenger Job Cuts,"US Corporate Layoffs Rise In March: ChallengerUnited States Challenger Job CutsUS based employers announced plans to shed 43,310 workers from payrolls in March 2017, up 17 percent from February. The most jobs were eliminated in: Telecommunications (7,768), Education (4,375), Retail (4,084), Industrial Goods (3,947) and Health Care/Products (3,935).  Compared with the same month a year earlier, planned job cuts fell 2 percent. In the first three months of 2017, employers have announced 126,201 job cuts, 38 percent higher than in Q4 of 2016 (91,303) but 30 percent lower than in Q1 of 2016 (180,920). Still, hiring announcements continue to break records. In Q1 companies announced 289,272 new positions, the highest first quarter total on record, and the highest quarterly total except for third quarter totals when holiday hiring plans are typically announced.  Retail sector lost 38,464 jobs in Q1, the most by industry, but over 121,000 new positions were announced in the same period.
2017-04-06T11:37:47"
US Stocks End Lower After Reversing Earlier Gains,Stock Market,"US Stocks End Lower After Reversing Earlier GainsUnited States Stock MarketWall Street closed in the red on Wednesday after Fed minutes corresponding to the last monetary policy meeting sparked uncertainty on the timing for interest rate increases and changes to fiscal policy. The Dow Jones closed 41 points lower, or 0.2 percent, to 20648. The S&P 500 declined 7 points, or 0.3 percent, to 2353. The Nasdaq lost 34 points, or 0.6 percent, to 5864.2017-04-05T20:35:23"
Fed Likely To Reduce Balance Sheet This Year,Interest Rate,"Fed Likely To Reduce Balance Sheet This YearUnited States Interest RateFurther increases in the federal funds rate would continue and a cut in the $4.5 trillion in bonds the central bank holds would be appropriate later this year if the economy continues to perform as expected, minutes from last FOMC meeting showed.2017-04-05T18:34:14"
"US Stocks Rise, Nasdaq Hits All-Time High",Stock Market,"US Stocks Rise, Nasdaq Hits All-Time HighUnited States Stock MarketWall Street traded in the green on Wednesday after ADP data showed the US private sector added 263 thousand jobs in March, the most since December of 2014. In addition, investors await the FOMC minutes release later in the day for further clues on the timing of Fed's next rate hike. The Dow Jones added 108 points or 0.5%, the S&P 500 went up 10 points or 0.5% and the Nasdaq gained 21 points or 0.4% to an all-time high of 5920 around 11:30 AM NY time.2017-04-05T15:34:31.967"
US Crude Oil Stocks Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly Rise United States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 1.566 million barrels in the week ended March 31st, 2017, following a 0.867 million increase in the previous week and above market expectations of a 0.435 million drop. Gasoline stocks fell by 0.618 million, compared to expectations of a 1.422 million decline.2017-04-05T14:30:54.98"
US Services Sector Growth At 5-Month Low: ISM,Non Manufacturing PMI,"US Services Sector Growth At 5-Month Low: ISM United States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index for the United States fell to 55.2 in March of 2017 after reaching a 16-month high of 57.6 in February and below market expectations of 57. It is the lowest reading since October of 2016 as production, new orders, employment and inventories slowed and inventories contracted. 2017-04-05T14:00:46"
US Composite PMI Revised Down In March: Markit,Composite Pmi,US Composite PMI Revised Down In March: MarkitUnited States Composite PmiThe final Markit US Composite PMI fell to 53 in March of 2017 from a preliminary reading of 53.2 and 54.1 in February. It is the lowest reading in six months as both manufacturing (53.3 from 54.2) and services (52.8 from 53.8) rose at a slower pace. New business also eased to the lowest in six months. 2017-04-05T13:53:49.233
US Services PMI Revised Down In March: Markit,Services PMI,"US Services PMI Revised Down In March: MarkitUnited States Services PMIThe final Markit US Services PMI fell to 52.8 in March of 2017 from a preliminary reading of 52.9 and 53.8 in February. It is the lowest reading in six months as activity, new orders and employment slowed; work outstanding fell for the second month and backlogs declined the most in nine months. In addition, operating costs continued to increase, boosted by rises in labour costs, prices for basic materials and food products. Output charges prices also went up. However, confidence strengthened.2017-04-05T13:50:59.407"
US Private Sector Adds Most Jobs Since December 2014,ADP Employment Change,"US Private Sector Adds Most Jobs Since December 2014United States ADP Employment ChangePrivate businesses in the United States hired 263 thousand workers in March of 2017 compared to a downwardly revised 245 thousand in February and well above market expectations of 187 thousand. It is the biggest job gain since December of 2014. The service-providing sector added 181 thousand jobs, boosted by professional and business (57 thousand); leisure and hospitality (55 thousand); trade, transportation and utilities (34 thousand); financial activities (25 thousand); education and health (13 thousand) and other services (6 thousand) while the information sector shed 10 thousand jobs. Meanwhile, the goods-producing sector added 82 thousand jobs, boosted by construction (49 thousand); manufacturing (30 thousand) and natural resources and mining (4 thousand). Small companies were the ones hiring more (118 thousand), followed by midsized (100 thousand) and large (45 thousand).2017-04-05T12:17:05"
US Mortgage Applications Drop For 3rd Week,Mortgage Applications,"US Mortgage Applications Drop For 3rd WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 1.6 percent in the week ended March 31st 2017, following a 0.8 percent decline in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went down 4.2 percent while applications to purchase a home rose 0.7 percent. Average fixed 30-year mortgage rates edged up 1bps to 4.34 percent.2017-04-05T11:01:20.79"
US Factory Orders Rise For 3rd Month,Factory Orders,"US Factory Orders Rise For 3rd MonthUnited States Factory OrdersNew orders for manufactured goods in the United States increased 1 percent month-over-month in February of 2017 after an upwardly revised 1.5 percent rise in January and matching market forecasts. Orders for transportation equipment rose 4.4 percent, boosted by a 47.5 percent rise in civilian aircraft. Excluding transportation, orders rose 0.4 percent and excluding defense, orders went up 1.2 percent. Additional gains came from orders for computers and related (4.1 percent); electrical equipment and appliances (1.9 percent) and general machinery (0.3 percent). Non-defense capital goods excluding aircraft orders, seen as a proxy for business spending plans went down 0.1 percent.
2017-04-04T14:05:22"
US IBD/TIPP Economic Confidence Weakens Further,Economic Optimism Index,"US IBD/TIPP Economic Confidence Weakens Further United States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index declined to 51.7 in April 2017 from 55.3 in March and way below market expectations of 53.2. Although it was the lowest figure since November 2016, Americans are still optimistic that President Trump will deliver on his promises to cut taxes and lessen regulations which are likely to boost employment and growth. The personal financial outlook sub-index fell 1.3 points to 61.3 and the measure of confidence in federal economic policies slipped 7 points to 42.6. Also, the six-month economic outlook declined 2.5 points to 51.1.2017-04-04T14:04:44"
ISM New York Index Rises In March,Ism New York Index,"ISM New York Index Rises In MarchUnited States Ism New York IndexThe ISM NY Current Business Conditions Index increased to 56.5 in March of 2017 from 51.3 in February, mainly due to a rise in purchases (57.4 from 53.3), higher current (65.4 from 62.1) and expected (80 from 66.7) revenues and a drop in prices paid (48.1 from 51.8). In addition, employment rose to 47.7 from 43.2. The six-month outlook also went up to 75.6 from 64.4. 
2017-04-04T13:49:29.603"
US Imports Fall 1.8% In February,Imports,"US Imports Fall 1.8% In FebruaryUnited States ImportsTotal imports to the United States dropped 1.8 percent month-over-month to USD 236.4 billion in February 2017. Imports of automobiles and parts dropped sharply while food imports hit a record high and purchases of capital goods were the highest in nearly two years. Imports of goods from China tumbled a record USD 8.6 billion to USD 32.8 billion; and goods shipped from the European Union, Canada and Japan also fell. 2017-04-04T12:39:42"
US Exports Hit 2-Year High,Exports,"US Exports Hit 2-Year HighUnited States ExportsTotal exports from the United States rose 0.2 percent month-over-month to USD 192.9 billion in February 2017. It was the highest value since December 2014, as sales of automobiles and parts hit their strongest level since July 2014 and exports of industrial supplies and materials were the highest since December 2015. Exports to the EU jumped 8 percent, with goods shipped to Germany growing 8.6 percent; and those to the UK soared 17.3 percent. However, exports to China fell 2.7 percent and to Mexico dropped 7.1 percent.2017-04-04T12:30:55"
US Trade Deficit Lower Than Expected,Balance of Trade,"US Trade Deficit Lower Than ExpectedUnited States Balance of TradeThe goods and services deficit in the United States narrowed to USD 43.6 billion in February of 2017 from a downwardly revised USD 48.2 billion gap a month earlier and lower than market expectations of a USD 44.8 billion shortfall. Exports increased 0.2 percent and hit a new high since December of 2014. Shipments of automobiles and parts reached the highest since July 2014 and sales of industrial supplies and materials were the highest since December of 2015. In contrast, imports went down 1.8 percent.2017-04-04T12:29:04"
US Construction Spending Rises Less Than Expected,Construction Spending,"US Construction Spending Rises Less Than Expected United States Construction SpendingConstruction spending in the US rose by 0.8 percent to near 11-yeah high of $1.19 trillion in February 2017 compared with a downwardly revised 0.4 percent drop in January and below market expectations of a 1.1 percent increase. Public construction spending went up 0.6 percent, with outlays on education and highway rising by 0.5 percent and 1.3 percent respectively. Also, spending on private construction projects increased 0.8 percent, the fifth straight month of gains, as residential construction spending went up 1.8 percent, the highest level since July 2007.2017-04-03T14:06:05"
US Factory Activity Growth Slows Less Than Expected,Business Confidence,"US Factory Activity Growth Slows Less Than ExpectedUnited States Business ConfidenceThe ISM Manufacturing PMI fell to 57.2 in March from a 2-1/2-year high of 57.7 reported in February. New orders and production grew less while employment and export orders indexes jumped. 
2017-04-03T14:00:10"
US Manufacturing PMI Revised Down In March: Markit,Manufacturing PMI,"US Manufacturing PMI Revised Down In March: MarkitUnited States Manufacturing PMIThe final Markit US Manufacturing PMI fell to 53.3 in March of 2017 from a preliminary reading of 53.4 and a final of 54.2 in February. It is the lowest reading in six months as output, new orders and payrolls rose at a slower pace. 2017-04-03T13:46:32.847"
US Stocks Fall On Friday To End Strong Quarter,Stock Market,"US Stocks Fall On Friday To End Strong QuarterUnited States Stock MarketWall Street closed modestly in the red on Friday, as continued uncertainty about the outlook for President Donald Trump's policy agenda led to choppy trading. On Friday, the Dow Jones lost 65 points, or 0.3 percent, to 20663. The S&P 500 fell 5 points, or 0.2 percent, to 2363. The Nasdaq lost 3 points and stayed practically unchanged. During the week, the Dow Jones gained 0.3 percent; the S&P 500 0.8 percent; and the Nasdaq 1.4 percent. For the whole first quarter of 2017, all major indices booked strong gains, with the S&P increasing by 4.6 percent; the S&P 500 by 5.5 percent; and the Nasdaq by 9.8 percent.  2017-03-31T20:10:52"
US Consumer Sentiment Revised Down In March,Consumer Confidence,US Consumer Sentiment Revised Down In MarchUnited States Consumer ConfidenceThe final reading of the University of Michigan's consumer sentiment for the United States fell to 96.9 in March of 2017 from a preliminary reading of 97.6 but was higher than 96.3 in February. Both current conditions and futures expectations were revised slightly down.2017-03-31T14:09:50
Chicago PMI Remains Highest Since January 2015,Chicago Pmi,"Chicago PMI Remains Highest Since January 2015United States Chicago PmiThe MNI Chicago Business Barometer rose to 57.7 in March of 2017 from 57.4 in the previous month, beating market expectations of 56.9. It is the highest reading since January 2015, as production, new orders, backlogs of work and inventories expanded while employment slipped back into contraction. The Q1 average came in at 55.1, the highest level since Q4 2014.2017-03-31T13:55:35"
US PCE Prices Rise 0.1% MoM In February,PCE Price Index Monthly Change,"US PCE Prices Rise 0.1% MoM In FebruaryUnited States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States edged up 0.1 percent month-over-month in February 2017, following a 0.4 percent rise in the previous period. Prices for services increased by 0.2 percent, the same as in January, while cost of goods fell 0.1 percent after jumping by 0.9 percent in the previous month. Compared to the same month a year earlier, the PCE price index went up 2.1 percent, the biggest annual increase since April 2012. Excluding food and energy, the so-called core PCE price index rose by 0.2 percent month-over-month and by 1.8 percent from the previous year.2017-03-31T12:32:44"
US Personal Income Rises 0.4% MoM In February,Personal Income,"US Personal Income Rises 0.4% MoM In February United States Personal IncomePersonal income in the United States rose by 0.4 percent month-over-month in February 2017, following an upwardly revised 0.5 percent increase in January and in line with market expectations. Wages and salaries went up by 0.5 percent, compared to 0.4 percent increase in January, and personal current transfer receipts rose by 0.2 percent after growing by 1.2 percent in the previous month. Meanwhile, contributions for government social insurance, a subtraction in the calculation of personal income, climbed 0.4 percent after an increase of 1.6 percent in January.2017-03-31T12:31:09.287"
US Personal Spending Rises The Least In 6 Months,Personal Spending,"US Personal Spending Rises The Least In 6 MonthsUnited States Personal SpendingPersonal spending in the United States edged up 0.1 percent month-over-month in February of 2017, easing from a 0.2 percent gain in January and below market expectations of 0.2 percent. It is the smallest gain since August amid delays in the payment of income tax refunds and mainly due to a fall in purchases of durable goods.2017-03-31T12:30:04"
US Corporate Profits Rise 2.3% In Q4,Corporate Profits,"US Corporate Profits Rise 2.3% In Q4 United States Corporate ProfitsCorporate profits in the United States increased by $36 billion, or 2.3 percent, to $1611.4 billion in the fourth quarter of 2016, following a 6.7 percent rise in the previous period, according to preliminary estimates. Net dividends rose by $9.5 billion, or 1 percent, to $982 billion and undistributed profits advanced by $26.5 billion, or 4.4 percent, to $629.4 billion. Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, went up by $20.6 billion, or 1 percent, to $2192.1 billion.2017-03-30T12:36:26.443"
US GDP Growth Revised Up To 2.1% In Q4,GDP Growth Rate,"US GDP Growth Revised Up To 2.1% In Q4United States GDP Growth RateThe US economy advanced an annualized 2.1 percent on quarter in the fourth quarter of 2016, higher than 1.9 percent in the previous estimates, final figures showed. Personal consumption expenditures (PCE) increased more than previously estimated. The increase in real GDP in the fourth quarter reflected positive contributions from PCE, private inventory investment, residential fixed investment, nonresidential fixed investment, and state and local government spending that were partly offset by negative contributions from exports and federal government spending. Imports, which are a subtraction in the calculation of GDP, increased.2017-03-30T12:30:34.89"
US Jobless Claims Fall Less Than Expected,Initial Jobless Claims,"US Jobless Claims Fall Less Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 3 thousand to 258 thousand in the week ended March 25th 2017, from the previous week's unrevised level of 261 thousand but above expectations of 248 thousand. The 4-week moving average, which removes week-to-week volatility, increased by 7.75 thousand to 254.25 thousand.2017-03-30T12:29:45"
US 10Y Bond Yield Hits 4-week Low,bond,US 10Y Bond Yield Hits 4-week Lowunited states bondUnited States 10 Year Government Bond Yield decreased to a 4-week low of 2.3747%2017-03-30T07:08:15.633
Dollar Recovers To 1-Week High,Currency,"Dollar Recovers To 1-Week HighUnited States CurrencyThe dollar index touched the highest in more than a week on Wednesday after a Fed official said the Federal Reserve should make three more rate hikes this year. The DXY was up 0.3% to 100.05 around 1:20 PM NY time, the highest since March 20th. 
2017-03-29T17:19:39"
US Crude Oil Inventories Rise Less Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Less Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 0.867 million barrels in the week ended March 24th, 2017, following a 4.954 million jump in the previous week and below market expectations of a 1.35 million rise. Gasoline stocks fell by 3.75 million, compared to expectations of a 1.8 million drop.2017-03-29T14:30:17.457"
US Pending Home Sales Rise The Most In 10 Months,Pending Home Sales,"US Pending Home Sales Rise The Most In 10 MonthsUnited States Pending Home SalesContracts to buy previously owned homes in the United States went up 2.6 percent year-on-year in February of 2017, following a 0.4 percent rise in January. It is the biggest gain since April last year. Compared to the previous month, pending home sales jumped 5.5 percent, recovering from a 2.8 percent drop in January and beating market expectations of a 2.4 percent gain. Across main four regions, contracts increased in the Midwest (11.4 percent), the South (4.3 percent), the Northeast (3.4 percent) and the West (3.1 percent). 2017-03-29T14:09:07.643"
US Mortgage Applications Fall for 2nd Week,Mortgage Applications,"US Mortgage Applications Fall for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States went down 0.8 percent in the week ended March 24th 2017, following a 2.7 percent decline in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went down 2.9 percent while applications to purchase a home rose 1.2 percent. Average fixed 30-year mortgage rates dropped 13bps to 4.33 percent.2017-03-29T11:01:28.28"
US Stocks Rebound After Spike In Consumer Confidence,Stock Market,"US Stocks Rebound After Spike In Consumer ConfidenceUnited States Stock MarketWall Street closed in the green on Tuesday and the Dow Jones halted an eight-day slide, as banks stocks led gains after a surge in consumer confidence renewed optimism in US economic growth. The Dow Jones increased by 151 points, or 0.7 percent, to 20702. The S&P 500 rose by 17 points, or 0.7 percent, to 2359. The Nasdaq gained 35 points, or 0.6 percent, to 5875. 2017-03-28T20:02:58"
US Stocks Recover On Tuesday,Stock Market,"US Stocks Recover On TuesdayUnited States Stock MarketWall Street turned positive on Tuesday morning amid higher oil prices and better-than-expected data for wholesale inventories, Richmond Fed manufacturing index and consumer confidence. The Dow Jones rose 94 points or 0.5%, the S&P 500 gained 13 points or 0.6% and the Nasdaq traded 22 points or 0.4% higher around 12:10 PM NY time.2017-03-28T16:14:09.813"
Richmond Fed Manufacturing Index At Near 7-Year High,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index At Near 7-Year HighUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia went up to 22 in March of 2017 from 17 in the previous month, beating market expectations of 16. It is the highest reading since a record high of 26 in April of 2010 as improvement was seen in: shipments (17 from 16), volume of new orders (26 from 24), backlog of orders (14 from 8), employment (20 from 10) and wages (21 from 15). Looking to the six months ahead, manufacturers were generally optimistic.
2017-03-28T14:13:03.57"
US Home Prices Rise The Most In 31 Months: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Prices Rise The Most In 31 Months: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite index of 20 metropolitan areas in the US rose 5.7 percent year-on-year in January of 2017, following a downwardly revised 5.5 percent increase in the previous month. It is the biggest gain since July of 2017, beating market expectations of a 5.6 percent gain. Prices in Seattle rose the most (11.3 percent), followed by Portland (9.7 percent) and Denver (9.2 percent). On a monthly basis, prices increased 0.2 percent, easing from a 0.3 percent rise in December. Meanwhile, the national index, covering all nine US census divisions jumped 5.9 percent from the previous year and 0.2 percent on the month.2017-03-28T13:10:35.173"
US Stocks Closed Mixed On Monday,Stock Market,"US Stocks Closed Mixed On MondayUnited States Stock MarketWall Street closed mixed on Monday’s session, partially recovering from a sharp drop at open as weakness overseas following the decision by Republican leaders to withdraw their bill to repeal and replace Obamacare eased. The Dow Jones closed 46 points down, or 0.2 percent, to 20551. It is the 8th consecutive fall and the longest losing streak since 2011. The S&P 500 fell 2 points, or 0.1 percent, to 2342. In contrast, the Nasdaq increased by 12 points, or 0.2 percent, to 5840. 2017-03-27T20:02:58"
Dallas Fed Manufacturing Index Falls From 7-Year High,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Falls From 7-Year HighUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas fell to 16.9 in March of 2017 from a seven year high of 24.5 in January and below market expectations of 22. The pace of expansion slowed for: capacity utilization (13.2 from 14.7 in February), new orders (9.5 from 11.6), unfilled orders (0.1 from 0.7), shipments (6.5 from 12.2), materials inventories (0 from 9.7) and employment (8.4 from 9.6) while stocks of finished goods continued to fall though at a slower pace (-1.8 from -2.6). In contrast, production rose further (18.6 from 16.7) and price pressures eased for both prices paid (25.23 from 31.5) and received (7.5 from 19.5).2017-03-27T14:38:48"
US Stocks Fall on Monday,Stock Market,"US Stocks Fall on MondayUnited States Stock MarketWall Street opened sharply in the red on Monday, dragged down mainly by financials and materials after President Trump failed to repeal Obamacare last week. The Dow Jones fell 167 points or 0.8%, the S&P 500 lost 20 points or 0.9% and the Nasdaq moved down 55 points or 1%  around 7 minutes after the opening bell. 2017-03-27T13:40:15"
Stocks in United States Hit 5-week Low,stock market,Stocks in United States Hit 5-week LowUnited States stock marketDow Jones decreased to a 5-week low of 204442017-03-27T13:27:36.113
Dollar At More Than 4-Month Low,Currency,"Dollar At More Than 4-Month LowUnited States CurrencyThe dollar index touched the lowest in more than four months on Monday amid concerns over President Trump's ability to pass reforms after failing to repeal Obamacare last week. The DXY was down 0.3% to 99.07 around 9:10 AM London time, the lowest since mid-November. 2017-03-27T08:15:58.07"
Dollar Index Hits 19-week Low,currency,Dollar Index Hits 19-week LowUnited States currencyUS Dollar decreased to a 19-week low of 99.232017-03-27T06:10:34.49
US Stocks Close Mostly Lower After Healthcare Vote Canceled,Stock Market,"US Stocks Close Mostly Lower After Healthcare Vote CanceledUnited States Stock MarketWall Street closed mainly in the red on Friday after the Republican Party canceled the health-care vote, with GOP members balking at President Trump’s proposed bill to repeal and amend Obamacare. The Dow Jones declined by 60 points, or 0.3 percent, to 20597. The S&P 500 closed 2 points lower, or 0.1 percent, to 2344. The Nasdaq gained 11 points, or 0.2 percent, to 5829. All major indices booked weekly losses, with the Dow Jones falling 1.5 percent; the S&P 500 1.4 percent; and the Nasdaq 1.2 percent.2017-03-24T20:06:24"
US Initial Jobless Claims Revised Up To 261K,Initial Jobless Claims,"US Initial Jobless Claims Revised Up To 261KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 15 thousand to 261 thousand in the week ended March 18th 2017, above market expectations of 240 thousand. It is the highest reading in 13 weeks. The 4-week moving average that removes week-to-week volatility increased by 3,500 to 246,500, revised data showed. Claims had been initially reported at 258 thousand for the week ended March 18th 2017. In contrast, continuing claims were revised down to 1,990 thousand from 2,000 thousand.2017-03-24T15:51:20"
US Private Sector Activity Slows In March: Markit,Composite Pmi,"US Private Sector Activity Slows In March: MarkitUnited States Composite PmiThe Markit flash US composite PMI decreased to 53.2 in March of 2017 from 54.1 in February, the lowest in six months. Both services (52.9 from 53.8) and manufacturing (53.4 from 54.2) slowed due to softer business activity and and lower payrolls. 2017-03-24T14:02:59"
US Services Sector Rises The Least In 6 Months: Markit,Services PMI,"US Services Sector Rises The Least In 6 Months: MarkitUnited States Services PMIThe Markit flash US services PMI decreased to 52.9 in March of 2017 from 53.8 in February and well below expectations of 54.2. It is the lowest value in six months, as new work was the lowest in 12 months and employment slowed. Yet, job creation in March was one of the weakest reported over the past three years. Input cost inflation was relatively subdued.

2017-03-24T13:57:47.45"
US Manufacturing PMI Down To 5-Month Low: Markit,Manufacturing PMI,"US Manufacturing PMI Down To 5-Month Low: MarkitUnited States Manufacturing PMIThe Markit flash US manufacturing PMI fell to 53.4 in March of 2017 from 54.2 in February and well below expectations of 54.8. It is the lowest reading since October of 2016, mainly due to a slowdown in new orders and lower stocks while input cost inflation picked up.2017-03-24T13:51:37.903"
US Stocks Open Higher On Friday,Stock Market,"US Stocks Open Higher On FridayUnited States Stock MarketWall Street opened in the green on Friday as investors await further developments on the health care bill vote which is supposed to take place this Friday morning after being delayed on Thursday. The Dow Jones went up 20 points or 0.1%, the S&P 500 gained 5 points or 0.2% and the Nasdaq added 26 points or 0.5% around 11 minutes after the opening bell. 2017-03-24T13:46:05"
US Durable Goods Orders Rise More Than Expected,Durable Goods Orders,"US Durable Goods Orders Rise More Than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods went up 1.7 percent month-over-month in February of 2017, following an upwardly revised 2.3 percent jump in January and beating market expectations of a 1.2 percent rise. Civilian aircraft orders surged 47.6 percent and were the main driver of the increase. Non-defense capital goods orders excluding aircraft, a closely proxy for business spending plans, fell 0.1 percent after edging up 0.1 percent in the previous month.2017-03-24T12:33:18"
Most US Stocks Fall After Health-Care Vote Delayed,Stock Market,"Most US Stocks Fall After Health-Care Vote DelayedUnited States Stock MarketWall Street closed mainly lower on Thursday, reversing earlier gains after the Obamacare repeal vote was delayed. The Dow Jones closed nearly flat at 20,656.58; the S&P 500 lost 2 points or 0.1% to 2,345.96 and the Nasdaq declined 4 points or 0.1% to 5,817.96.2017-03-23T20:17:46"
US New Home Sales At 7-Month High,New Home Sales,"US New Home Sales At 7-Month HighUnited States New Home SalesSales of new single-family houses in the United States jumped 6.1 percent to a seasonally adjusted annual rate of 592,000 in February of 2017. It follows an upwardly revised 558,000 in the previous month, and well above market expectations of 565,000 as unusual warm weather boosted sales in the Midwest, West and the South. Meanwhile, sales of previously owned houses dropped 3.7 percent to 5480 thousand, down from a ten-year high of 5690 thousand in January.
2017-03-23T14:04:03"
US Initial Jobless Claims Rise To 7-Week High,Initial Jobless Claims,"US Initial Jobless Claims Rise To 7-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 15 thousand to 258 thousand in the week ended March 18th 2017, above market expectations of 240 thousand. It is the highest reading in seven weeks. The 4-week moving average that removes week-to-week volatility increased by 1,000 to 240,000. 2017-03-23T12:32:47"
US Stocks Closed Mixed After Tuesday’s Selloff,Stock Market,"US Stocks Closed Mixed After Tuesday’s SelloffUnited States Stock MarketMost major indices in the US rebounded on Wednesday after the first 1 percent decline since October, a day before a Republican health-care bill proposed by President Trump is set for a vote in Congress. Financials and tech shares led gains, after selling off on Tuesday. The Dow Jones closed 7 points down, or flattish, to 20661. The S&P rose 4 points, or 0.2 percent, to 2348. The Nasdaq increased by 28 points, or 0.5 percent, to 5822. 2017-03-22T20:19:58.337"
Dollar Continues To Fall,Currency,"Dollar Continues To Fall United States CurrencyThe dollar index extended losses on Wednesday, following a a 0.6% drop on Tuesday and hitting the lowest since January 31st. The greenback started to weaken last week after the Fed signaled only two more rate hikes this year while some investors expected a more aggressive tightening. The slide intensified yesterday amid concerns of President Trump's ability to pass reforms and policies ahead of the health-care bill vote tomorrow.2017-03-22T16:07:18"
US Crude Oil Inventories Rise More Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 4.954 million barrels in the week ended March 17th, 2017, following a 0.237 million drop in the previous week and way above market expectations of a 2.8 million rise. Gasoline stocks fell by 2.81 million, compared to expectations of a 2 million drop.
2017-03-22T14:32:34.447"
US Existing Home Sales Fall To 5-Month Low,Existing Home Sales,"US Existing Home Sales Fall To 5-Month LowUnited States Existing Home SalesSales of previously owned houses in the United States shrank 3.7 percent month-over-month to a seasonally adjusted annual rate of 5480 thousand in February of 2017 from a ten-year high of 5690 thousand in the previous month and below market expectations of 5570 thousand. It is the lowest value in five months, due to a 9.2 percent slump in sales of condos and a 3 percent fall in single family. The average price edged up 0.2 percent and the months' worth of supply rose to 3.8. In addition, the number of houses available in the market increased to 1750 thousand. 2017-03-22T14:06:14"
US Stocks Open Mixed After Sell-Off,Stock Market,"US Stocks Open Mixed After Sell-OffUnited States Stock MarketWall Street opened mixed on Wednesday following a sell-off in the previous day as investors await President Trump’s health-care bill vote on Thursday. The Dow Jones fell 28 points or 0.1%, the S&P 500 traded around the flatline and the Nasdaq added 10 points or 0.2% around 15 minutes after the opening bell.2017-03-22T13:46:16.177"
US House Prices Flat In January: FHFA,FHFA House Price Index MoM,"US House Prices Flat In January: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States were unchanged in January of 2017 over the previous month, following a 0.4 percent rise in December and below expectations of a 0.4 percent gain. Among Census divisions, increases in Pacific (0.6 percent); Mountain (0.6 percent), West North Central (0.2 percent), West South Central (0.2 percent), Middle Atlantic (0.1 percent) and South Atlantic (0.2 percent) were offset by falls in New England (-0.1 percent), East North Central (-0.2 percent) and East South Central (-2 percent). Year-on-year, the FHFA house price index went up 5.7 percent compared to a 6.2 percent rise the previous month. 
2017-03-22T13:03:24"
US Mortgage Applications Fall in Latest Week,Mortgage Applications,"US Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 2.7 percent in the week ended March 17th 2017, following a 3.1 percent rise in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went down 3.3 percent and applications to purchase a home decreased 2.1 percent. Average fixed 30-year mortgage rates were unchanged at 4.46 percent, the highest since April of 2014.2017-03-22T11:02:08.483"
US Stocks Plunge On Worst Day Since September,Stock Market,"US Stocks Plunge On Worst Day Since SeptemberUnited States Stock MarketUS stocks fell the most since September of 2016, as House Republicans warned failure to pass President Trump’s health-care bill could imperil tax and spending reforms. Banks had the worst drop since the Brexit aftermath and led declines, as a plunge in 10-year Treasury yields damped the prospects for higher lending revenue. The Dow Jones plunged 238 points, or 1.1 percent, to 20668. The S&P 500 fell 30 points, or 1.2 percent, to 2344. The Nasdaq plummeted 108 points, or 1.8 percent, to 5794. 2017-03-21T20:05:48"
US Stocks Reverse Earlier Gains,Stock Market,"US Stocks Reverse Earlier GainsUnited States Stock MarketWall Street turned negative on Tuesday morning after opening in positive territory, amid a retreat in oil prices, a weaker dollar, lower yields and a fall in financials and industrials. In addition, investors await the result of a health-care bill vote by the Congress on Thursday for further hints on the passage of President Trump policies. The Dow Jones fell 157 points or 0.8%, the S&P 500 declined 18 points or 0.8% and the Nasdaq tumbled 63 points or 1% around 11:25 AM NY time.2017-03-21T15:27:46.22"
US Stocks Rise On Tuesday,Stock Market,"US Stocks Rise On TuesdayUnited States Stock MarketWall Street opened in the green on Tuesday with the Nasdaq reaching a new intraday high amid a rebound in oil prices. The Dow Jones added 59 points or 0.3%, the S&P 500 gained 7 points or 0.3% and the Nasdaq was 22 points or 0.4% higher around 11 minutes after the opening bell. 2017-03-21T13:41:02"
US Current Account Gap Narrows To 1-1/2-Year Low,Current Account,"US Current Account Gap Narrows To 1-1/2-Year LowUnited States Current AccountThe US current account deficit decreased to USD 112.4 billion in the last three months of 2016 from an upwardly revised USD 116 billion gap in the previous period and better than market expectations of a USD 128 billion shortfall. It is the smallest gap since the second quarter of 2015, as the surplus widened for the primary income (by USD 19.9 billion to USD 61.5 billion) and the services account (by USD 1.4 billion to USD 63.8 billion). In contrast, the goods deficit widened by USD 17.5 billion to USD 196 billion due to a drop in soybean exports. In addition, the secondary income gap increased slightly by USD 0.16 billion to USD 41.5 billion. Considering full 2016, the US current account deficit went up to USD 481.2 billion from a USD 463 billion gap in 2015. It represents 2.6 percent of current-dollar GDP, the same percentage as in 2015.2017-03-21T12:45:44"
"US Stocks Trade Mixed On Monday, Nasdaq At Fresh High",Stock Market,"US Stocks Trade Mixed On Monday, Nasdaq At Fresh HighUnited States Stock MarketWall Street traded mixed on Monday morning with the Dow Jones turning slightly positive and the Nasdaq touching an intraday high as investors await speeches from Fed officials for further clues on Fed's tightening path this year. The Dow added 18 points or 0.1%, the Nasdaq traded around the flatline and the S&P 500 fell 2 points or 0.1% around 12:20 PM NY time2017-03-20T16:21:01.76"
US Chicago Fed National Activity Index Beats Expectations,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index Beats ExpectationsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States rose to 0.34 in February 2017 from an upwardly revised -0.02 in the previous month and beating market expectations of 0.03. The contribution from employment-related indicators increased to 0.21 from 0.06 in January; production-related indicators edged up to 0.09 from 0.04 and sales, orders and inventories rebounded to 0.08 to from -0.01. The contribution from personal consumption and housing was still negative, but less than in the previous period (-0.03 from -0.11).2017-03-20T12:38:19"
US Stocks Dip Friday But Notch Weekly Gains,Stock Market,"US Stocks Dip Friday But Notch Weekly GainsUnited States Stock MarketMost US stock indices closed modestly in the red on Friday to hold onto weekly gains, as global stocks ended their best week since January after the Fed raised its benchmark lending rate a quarter point without accelerating the timetable for future hikes. The Dow Jones fell 20 points, or 0.1 percent, to 20914.5. The S&P 500 finished 3 points lower, or 0.1 percent, to 2,378.2. The Nasdaq ended unchanged in Friday’s session. During the week, the Dow Jones gained 0.1 percent; the S&P 500 0.2 percent; and the Nasdaq 0.7 percent. 2017-03-17T20:05:38"
US Consumer Sentiment Remains Near 13 Year High,Consumer Confidence,"US Consumer Sentiment Remains Near 13 Year HighUnited States Consumer ConfidenceThe preliminary reading of the University of Michigan's consumer sentiment for the United States rose to 97.6 in March of 2017 from 96.3 in the previous month and beating market forecasts of 97. Current conditions reached the highest since November of 2000, largely due to improved personal finances.
2017-03-17T14:02:55"
US Manufacturing Output Rises The Most In Near 2 Years,Manufacturing Production,"US Manufacturing Output Rises The Most In Near 2 YearsUnited States Manufacturing ProductionManufacturing production in the United States increased 1.2 percent year-on-year in February of 2017, following an upwardly revised 0.6 percent rise in January. It is the biggest gain since April of 2015. On a monthly basis, factory output increased 0.5 percent, the same as in the previous period and marking the sixth consecutive increase, led by advances of more than 1 percent for nonmetallic mineral products, fabricated metal products, and machinery. In addition, production increased for durables (0.6 percent) and nondurables (0.4 percent).2017-03-17T13:52:35.707"
US Industrial Output Unchanged In February,Industrial Production Mom,"US Industrial Output Unchanged In FebruaryUnited States Industrial Production MomIndustrial production in the United States stalled in February from January of 2017, following a downwardly revised 0.1 percent fall in the previous period and compared to market expectations of a 0.2 percent gain. Utilities shrank amid warm weather, offsetting rises in manufacturing and mining. 
2017-03-17T13:17:48"
Dollar Falls To 5-Week Low,currency,"Dollar Falls To 5-Week LowUnited States currencyThe dollar index continued to loose on Friday, retreating for the third session and hitting the lowest since February 6th. The weakness came after the Federal Reserve raised rates by 25bps as expected on Wednesday but signaled only two more rate hikes this year while some investors expected a more aggressive tightening. The DXY lost 0.1% to 100.2 around 10:55 AM London time. 2017-03-17T09:23:30"
US Job Openings Beat Expectations In January,Job Offers,"US Job Openings Beat Expectations In JanuaryUnited States Job OffersThe number of job openings in the United States rose to 5.626 million in January of 2017, following an upwardly revised 5.539 million in the previous month and beating market expectations of 5.45 million. The number of job openings was little changed for total private (5.173 million) and for government (0.452 million). Job openings increased in professional and business services (136,000) and real estate and rental and leasing (67,000) but decreased in federal government (-37,000). The number of job openings was little changed in all four regions.2017-03-16T14:07:51.557"
Philadelphia Fed Manuf Index Falls Less Than Expected,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manuf Index Falls Less Than ExpectedUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index fell to 32.8 in March of 2017 from 43.3 in February but beating market expectations of 30. Prices paid (40.7 from 29.9) and received (20.6 from 10.6) rose significantly. Meantime, new orders (38.6 from 38 in February), shipments (32.9 from 28.6) and employment (17.5 from 11.1) increased and inventories recovered (11.8 from -4.7).2017-03-16T12:43:44"
US Building Permits Fall More Than Expected In February,Building Permits,"US Building Permits Fall More Than Expected In February United States Building PermitsBuilding permits in the United States fell by 6.2 percent month-over-month to a seasonally adjusted annualized rate of 1,213 thousand in February 2017 while markets expected 2.6 percent decrease. Building permits for multi-family units shrank 26.9 percent to 334 thousand while single-family authorizations rose 3.1 percent to 832 thousand. Permits declined in the Northeast (-22.3 percent to 115 thousand), the South (-10.4 percent to 580 thousand) and in the West (-10 percent to 271 thousand) while increased in the Midwest (25.4 percent to 247 thousand). 2017-03-16T12:36:05"
US Housing Starts Rise More Than Expected,Housing Starts,"US Housing Starts Rise More Than ExpectedUnited States Housing StartsHousing starts in the United States rose 3 percent from the previous month to a seasonally adjusted annualized rate of 1288 thousand in February of 2017, following an upwardly revised 1251 thousand in the previous month and beating market expectations of a 1.4 percent rise. It is the biggest rate in four months as construction of single-family houses hit a near 9-1/2-year high.
2017-03-16T12:32:39.953"
US Jobless Claims Drop to 241K,Initial Jobless Claims,"US Jobless Claims Drop to 241K United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits went down by 2 thousand to 241 thousand in the week ended March 11th 2017, slightly below market expectations of 243 thousand. The 4-week moving average was 237.25 Thousand, an increase of 750 from the previous week's unrevised average of 236.5. 2017-03-16T12:31:49.797"
US Net Capital Inflow At 6-Month High,Capital Flows,"US Net Capital Inflow At 6-Month HighUnited States Capital FlowsOverseas investors bought $110.4 billion of US assets in January of 2017, including short-dated instruments after selling an upwardly revised $65.3 billion in December. Meanwhile, foreigners sold $7 billion of long-term US securities, including government and corporate, after selling $21.9 billion in the previous month. Foreign investors bought $6.3 billion of US treasuries, after selling $12.9 billion in December.2017-03-15T20:09:39.493"
US Stocks Close Sharply Higher After Fed,Stock Market,"US Stocks Close Sharply Higher After FedUnited States Stock MarketUS stocks surged on Wednesday, after the Fed raised the target range for its federal funds rate by 25bps to 0.75% to 1% as widely expected. The Dow Jones closed 113 points up, or 0.5 percent, to 20,950.10. The S&P 500 rose by 20 points, or 0.8 percent, to 2,385.26. The Nasdaq finished 43 points up, or 0.7 percent, to 5,900.05. 2017-03-15T20:05:16"
Dollar Retreats To 3-Week Low,Currency,"Dollar Retreats To 3-Week Low United States CurrencyThe US dollar weakened on Wednesday after the Federal Reserve raised the key rate by 25bps as expected but left rate hike forecasts for this year unchanged. Policymakers expect another two rate increases while some investors were seeing three. The dollar index was down 0.9% to 100.9 around 2:45 PM NY time, the lowest since February 23rd. 2017-03-15T18:43:08"
Fed Raises Benchmark Rate to 1%,Interest Rate,"Fed Raises Benchmark Rate to 1%United States Interest RateThe Federal Reserve raised the target range for its federal funds rate by 25bps to 0.75% to 1% during its March 2017 meeting. The hike came in line with market expectations as the US economy has almost met the Fed target of full employment and stable prices, and may get  additional support from President Trump promised fiscal stimulus.2017-03-15T17:59:12"
US Crude Oil Stocks Unexpectedly Fall,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly FallUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States declined by 0.237 million barrels in the week ended March 10th, 2017, following an 8.2 million increase in the previous week and compared to market expectations of a 3.7 million rise. It is the first decline in ten weeks. Gasoline stocks fell by 3.1 million, compared to expectations of a 1.9 million drop.2017-03-15T14:34:22.743"
US Business Inventories Rise 0.3% In January,Business Inventories,"US Business Inventories Rise 0.3% In JanuaryUnited States Business InventoriesManufacturers’ and trade inventories in the United States increased by 0.3 percent month-over-month in January of 2017, following a 0.4 percent rise in December and matching market expectations. Inventories of motor vehicles and parts jumped 2.4 percent, the highest gain since August of 2010. Inventories also rose at retailers (0.8 percent) and manufacturers (0.2 percent). In contrast, inventories at wholesalers fell 0.2 percent. Retail inventories excluding autos, which go into the calculation of GDP, were flat. In addition, business sales also rose 0.2 percent.
2017-03-15T14:09:19"
US Homebuilder Confidence At Near 12-Year High,Nahb Housing Market Index,US Homebuilder Confidence At Near 12-Year High United States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States rose to 71 in March 2017 from 65 in the previous month and above market consensus of 65. It was the highest reading since June 2005. Current single-family home sales increased 7 points to 78; sales expectations over the next six months went up 5 points to 78; and buyer traffic jumped 8 points to 54. 2017-03-15T14:02:51
US Retail Sales Rise The Least In 6 Months,Retail Sales MoM,"US Retail Sales Rise The Least In 6 Months United States Retail Sales MoMRetail sales in the United States increased by 0.1 percent month-over-month in February 2017, following an upwardly revised 0.6 percent rise in January and in line with market expectations. It was the smallest increase since August, due to lower purchases at motor vehicle and parts dealers and electronics and appliance stores. In contrast, sales rose for building material and garden equipment and nonstore retailers. The so-called core retail trade, which excludes automobiles, gasoline, building materials and food services rose also 0.1 percent after an upwardly revised 0.8 percent gain in January. Compared to February last year retail sales were up 5.7 percent. 2017-03-15T12:37:27.27"
Factory Activity Growth in NY State Eases Slightly,NY Empire State Manufacturing Index,"Factory Activity Growth in NY State Eases SlightlyUnited States NY Empire State Manufacturing IndexNY Empire State Manufacturing Index in the US decreased to 16.40 in March from 18.70 in February of 2017. Still, the confidence among manufacturers remained at its highest level since September 2014 as the new orders index climbed to 21.3, its highest level in several years; the unfilled orders index rose to 14.2, its highest level in more than a decade and labor market conditions pointed to an increase in both employment and hours worked. Also, indexes assessing the six-month outlook, although slightly lower, continued to convey a high degree of optimism about future conditions. In contrast, the shipments index moved down to 11.3 and input prices and selling prices increased at a slower pace.2017-03-15T12:33:05"
"US Inflation Rate Rises To 2.7%, Highest Since March 2012",Inflation Rate,"US Inflation Rate Rises To 2.7%, Highest Since March 2012United States Inflation RateConsumer prices in the United States increased 2.7 percent year-on-year in February of 2017, following a 2.5 percent rise in January and in line with market expectations. The inflation rate accelerated for the seventh consecutive month to a new high since March of 2012, boosted by gasoline prices. 2017-03-15T12:31:43"
US Mortgage Applications Rise For 3rd Week,Mortgage Applications,"US Mortgage Applications Rise For 3rd WeekUnited States Mortgage ApplicationsMortgage applications in the United States increased 3.1 percent in the week ended March 10th 2017, following a 3.3 percent rise in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went up 4.1 percent and applications to purchase a home rose 2.3 percent. Average fixed 30-year mortgage rates increased by 10bps to 4.46 percent, the highest since April of 2014.2017-03-15T11:11:34"
US Stocks Fall On Tuesday,Stock Market,"US Stocks Fall On TuesdayUnited States Stock MarketWall Street traded in the red on Tuesday, mainly dragged down by energy shares as oil prices continued to fall while investors were cautious ahead of Fed monetary policy decision on Wednesday. The Dow Jones lost 53 points or 0.3%; the S&P 500 declined 11 points or 0.5% and the Nasdaq went down 31 points or 0.5% around 1:00 PM NY time. 2017-03-14T17:01:51"
US Producer Prices Rise More Than Expected,Producer Price Inflation MoM,"US Producer Prices Rise More Than ExpectedUnited States Producer Price Inflation MoMUS producer prices advanced 0.3 percent month-over-month in February 2017, following a 0.6 percent rise in the previous month and beating market consensus of a 0.1 percent gain. Prices for final demand services went up 0.4 percent (from 0.3 percent in January) and those for final demand goods grew 0.3 percent (from 1 percent). Excluding foods, energy, and trade services, prices rose 0.3 percent in February, the largest increase since April 2016. Year-on-year, producer prices climbed 2.2 percent, the largest advance since March 2012 and above consensus of a 2 percent gain.2017-03-14T12:38:30.31"
US Small Business Confidence Falls In February,NFIB Business Optimism Index,"US Small Business Confidence Falls In FebruaryUnited States NFIB Business Optimism IndexThe NFIB Business Optimism Index in the US decreased to 105.3 in February of 2017 from 105.9 in January but remained at one of its highest levels in 43 years as small businesses await a new healthcare law, tax reform, and regulatory relief from Washington.The slight drop follows the strongest reading since December 20014 in January. 6 of the 10 index components fell, 3 increased and 1 was steady. Still, nearly half of respondents expect better business conditions in the coming months. The confidence deteriorated in: plans to increase employment (-3 percentage points to net 15% ); expectations for higher sales (-3); good time to expand (-3); earnings trends (-1); plans to make capital outlays (-1) and economic improvement (-1). Expected credit conditions were flat. In contrast, improvement was observed in current inventories (+3), plans to increase inventories (+1) and current job openings (+1, highest level since December 2000). 
2017-03-14T10:44:11"
US Stocks Close Mixed Ahead Of Fed,Stock Market,"US Stocks Close Mixed Ahead Of Fed United States Stock MarketUS stocks were little changed on Monday as investors remained cautious ahead of a widely expected interest rate hike from the Fed on Wednesday. The Dow Jones fell 22 points, or 0.1%, to 20,881; the S&P 500 gained 1 point, or less than 0.1%, to 2,373; and the Nasdaq added 14 points, or 0.2%, to finish at 5,876.2017-03-13T20:10:07.38"
US Stocks Close With Weekly Losses,Stock Market,"US Stocks Close With Weekly LossesUnited States Stock MarketWall Street closed modestly higher on Friday ahead of next week’s Fed meeting. All major indices rose after upbeat jobs data cleared the way for the Fed to raise interest rates in March’s meeting. The Dow Jones closed 45 points up, or 0.2 percent, to 20,902.98. The S&P 500 increased by 8 points, or 0.3 percent, to 2,372.60. The Nasdaq gained 23 points, or 0.4 percent, to 5,861.72. All indices ended with weekly losses, with the Dow Jones falling 0.5 percent; the S&P 500 0.4 percent; and the Nasdaq 0.2 percent.2017-03-10T21:11:12"
US Budget Deficit Above Expectations In February,Government Budget Value,"US Budget Deficit Above Expectations In FebruaryUnited States Government Budget ValueThe US government posted a USD 192 billion budget deficit in February of 2017, barely unchanged from a USD 192.6 billion gap a year earlier but above market expectations of USD 150 billion. Outlays increased 1 percent to USD 364 billion and receipts rose faster by 2 percent to USD 172 billion. 2017-03-10T19:07:06.993"
US Stocks Rise After Nonfarm Payrolls Beat Expectations,Stock Market,"US Stocks Rise After Nonfarm Payrolls Beat ExpectationsUnited States Stock MarketWall Street opened in the green on Friday after the jobs report for February showed the economy added 235 thousand payrolls, well above expectations of 190 thousand. The Dow Jones added 66 points or 0.3%, the S&P 500 rose 9 points or 0.4% and the Nasdaq gained 25 points or 0.4% around 5 minutes after the opening bell. 2017-03-10T14:37:34"
US Non Farm Payrolls Rise More Than Expected,Non Farm Payrolls,"US Non Farm Payrolls Rise More Than ExpectedUnited States Non Farm PayrollsNon Farm Payrolls in the United States increased by 235 thousand in February of 2017, lower than upwardly revised 238 thousand in January but above market expectation of 190 thousand.  Employment gains occurred in construction, private educational services, manufacturing, health care, and mining.2017-03-10T13:32:18.063"
US Jobless Rate Falls To 4.7% In February,Unemployment Rate,"US Jobless Rate Falls To 4.7% In FebruaryUnited States Unemployment RateUS unemployment rate fell to 4.7 percent in February 2017 from 4.8 percent in the previous month, in line with market expectations. The number of unemployed persons was almost unchanged at 7.5 million while the labor force participation rate increased by 0.1 percentage point to 63 percent. 2017-03-10T13:30:15.07"
US Export Prices Rise More Than Expected In February,Export Prices MoM,"US Export Prices Rise More Than Expected In FebruaryUnited States Export Prices MoMUS export prices went up 0.3 percent on the month in February 2017, after increasing by an upwardly revised 0.2 percent in January and above market expectations of 0.2 percent. Agricultural exports prices jumped 1.4 percent (0.1 percent in January), driven by a 24.3 percent rise in vegetable prices, as well as higher cost of soybeans and corn. Non-agricultural exports cost increased 0.3 percent (0.2 percent in January), led by rising prices for capital goods and industrial supplies and materials, which more than offset lower consumer goods prices. Compared with the same month of 2016, export prices increased by 3.1 percent, the largest rise since December 2011.2017-03-09T13:35:33"
US Import Prices Rise Despite A Drop In Fuel Prices,Import Prices MoM,"US Import Prices Rise Despite A Drop In Fuel PricesUnited States Import Prices MoMPrices for US imports increased by 0.2 percent month-over-month in February 2017, following an upwardly revised 0.6 percent gain in January and above market consensus of a 0.1 percent rise. Nonfuel import prices rose 0.3 percent, the first monthly advance since July last year, led by rising prices for industrial supplies and materials; consumer goods; and foods, feeds, and beverages. Meanwhile, prices for import fuel fell 0.7 percent, the first downturn since November 2016. Year-on-year, import prices jumped 4.6 percent, the largest gain since February 2012.2017-03-09T13:33:42"
US Jobless Claims Increase To 243K,Initial Jobless Claims,"US Jobless Claims Increase To 243KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits went up by 20 thousand to 243 thousand in the week ended March 4th 2017, slightly above expectations of 235 thousand. The 4-week moving average that removes week-to-week volatility rose by 2,250 to 236,500. Yet, claims have been below 300 thousand for 105 straight weeks, the longest streak since 1970.2017-03-09T13:32:00"
US Corporate Layoffs Fall In February: Challenger,Challenger Job Cuts,"US Corporate Layoffs Fall In February: ChallengerUnited States Challenger Job CutsThe pace of downsizing decreased in February of 2017 as U.S.-based employers announced plans to shed 36,957 workers from payrolls, down 19.5 percent from January. Retail continues to lead all sectors in job cuts as the industry pivots toward online and shrinks brick-and-mortar operations. Retailers announced 11,889 job cuts, with the largest layoff announcement coming from JC Penney which will close 140 stores and cut 5,500 jobs. The energy sector announced 4,077 layoffs and financials announced 3,292 cuts. Year-on-year, planned job cuts fell 40 percent. Employers have announced 82,891 job cuts so far this year, down 40 percent from the 136,713 job cuts announced through February of last year. Meanwhile, hiring is at an all-time high as employers have announced plans to hire 162,266 workers. The bulk came from Amazon’s January announcement to hire 100,000 workers. That is the highest January-February hiring total on record. 2017-03-09T12:31:38"
US 10Y Bond Yield Moves Up By 2%,bond,US 10Y Bond Yield Moves Up By 2%united states bondUnited States 10 Year Government Bond Yield increased by 2% to 2.5688%2017-03-08T15:35:50.737
US Crude Oil Inventories Rise More Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up by 8.209 million barrels in the week ended March 3rd, 2017, following a 1.501 million increase in the previous week and well above market expectations of a 1.967 million rise. Gasoline stocks fell by 6.555 million, compared to expectations of a 1.4 million drop.2017-03-08T15:31:55.103"
US Wholesale Inventories Fall More Than Estimated,Wholesale Inventories,"US Wholesale Inventories Fall More Than EstimatedUnited States Wholesale InventoriesWholesale stocks in the United States decreased by 0.2 percent month-over-month to $600 billion in January 2017 after rising by 1 percent in December and missing a preliminary reading of 0.1 percent drop. It was the biggest decline since January 2016, as stocks fell mainly for: autos (-3.1 percent); petroleum (-2.1 percent) and machinery (-0.3 percent). Wholesale inventories excluding autos, which goes into the calculation of GDP, rose 0.2 percent in January.2017-03-08T15:16:40.773"
Dollar Gains On Strong Private Sector Jobs Report,Currency,"Dollar Gains On Strong Private Sector Jobs ReportUnited States CurrencyThe dollar index rose 0.3% to 102.04 around 8:45 AM NY time on Wednesday, after latest data from the US showed private employers added 298 thousand jobs in February, the most since December 2015.2017-03-08T13:54:04"
US Labour Costs Rise 1.7% In Q4,Labour Costs,"US Labour Costs Rise 1.7% In Q4United States Labour CostsUnit labor costs in the US nonfarm business sector increased an annualized 1.7 percent on quarter in the last three months of 2016, matching preliminary estimates and above expectations of a 1.6 percent gain. It reflects a 3 percent increase in hourly compensation and a 1.3 percent increase in productivity. year-on-year, unit labor costs increased 2 percent. Considering full 2016, labor cost went up 2.6 percent, following a 2 percent gain in 2015.2017-03-08T13:33:39"
US Nonfarm Labour Productivity Rises 1.3% In Q4,Productivity,"US Nonfarm Labour Productivity Rises 1.3% In Q4United States ProductivityNonfarm business sector labor productivity in the United States increased at a seasonally adjusted annual rate of 1.3 percent during the fourth quarter of 2016, following a downwardly revised 3.3 percent rise in the previous period and below market expectations of an 1.5 percent gain. Output per worker increased 2.4 percent and hours worked rose 1 percent. Year-on-year, productivity went up 1 percent. In 2016, productivity advanced 0.2 percent, the smallest gain since 2011.2017-03-08T13:32:06"
US Private Sector Adds Most Jobs Since December 2015: ADP,ADP Employment Change,"US Private Sector Adds Most Jobs Since December 2015: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 298 thousand workers in February of 2017 compared to an upwardly revised 261 thousand in January and well above market expectations of 190 thousand. It is the biggest job gain since December of 2015. The service-providing sector added 193 thousand jobs, boosted by professional and business (66 thousand); education and health (40 thousand); leisure and hospitality (40 thousand); information (25 thousand); trade, transportation and utilities (9 thousand) and other services (9 thousand). Meanwhile, the goods-producing sector added 106 thousand jobs, the biggest gain on record, boosted by construction (66 thousand); manufacturing (32 thousand) and natural resources and mining (8 thousand). Midsized companies were the ones hiring more (122 thousand), followed by small (104 thousand) and large (72 thousand).2017-03-08T13:18:04"
US Mortgage Applications Rise for 2nd Week,Mortgage Applications,"US Mortgage Applications Rise for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States increased 3.3 percent in the week ended March 3rd 2017, following a 5.8 percent jump in the previous period, data from the Mortgage Bankers Association showed. Refinance applications rose 5.2 percent and applications to purchase a home went up 1.7 percent. Average fixed 30-year mortgage rates increased by 6bps to 4.36 percent.2017-03-08T12:03:57.463"
US Consumer Credit Rises Less Than Expected,Consumer Credit,"US Consumer Credit Rises Less Than ExpectedUnited States Consumer CreditConsumer credit in the United States increased by $8.79 billion in January of 2017, following an upwardly revised $14.76 billion rise in December and well below market expectations of $17.1 billion. Revolving credit fell by $3.79 billion, after increasing by $3.58 billion in the previous month and non-revolving credit went up by $12.59 billion, compared with a $11.18 billion rise in December.2017-03-07T20:03:22.99"
US IBD/TIPP Economic Optimism Index Below Expectations,Economic Optimism Index,"US IBD/TIPP Economic Optimism Index Below Expectations United States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index declined to 55.3 in March of 2017 from 56.4 in February and below market expectations of 57.1. Although it was the lowest figure since November of 2016, Americans remained optimistic that President Trump will deliver on his promises to boost employment and growth. The personal financial outlook index edged down 0.2 points to 62.6 and the measure of confidence in federal economic policies slipped 1.3 points to 49.6. Also, the six-month economic outlook lost 2 points to 53.6.2017-03-07T15:10:44.75"
"US Imports Jump 2.3% To 3-Year High On Oil, Autos",Imports,"US Imports Jump 2.3% To 3-Year High On Oil, AutosUnited States ImportsTotal imports to the United States climbed 2.3 percent month-over-month to USD 240.6 billion in January 2017. It was the highest value since December 2014, as petroleum imports were the largest in two years and purchases of automobiles hit a record high. Also, imports rose for cellphones, industrial supplies and materials, and capital goods. Imports of goods from China increased 5.1 percent while those from Japan and Germany tumbled 13.9 percent and 9.2 percent, respectively.
2017-03-07T13:38:35"
US Exports Rise 0.6% To Hit 3-Year High,Exports,"US Exports Rise 0.6% To Hit 3-Year HighUnited States ExportsTotal exports from the United States rose 0.6 percent month-over-month to USD 192.09 billion in January 2017, the highest value since December 2014. Sales of industrial supplies and materials hit their strongest level since December 2014 and petroleum exports were the highest since May 2015. Still, exports to the EU fell 7.3 percent, with goods shipped to Germany tumbling 10.7 percent, and those to China dropped 13.4 percent.
2017-03-07T13:35:08"
US Trade Gap Largest Since March 2012,Balance of Trade,US Trade Gap Largest Since March 2012 United States Balance of TradeThe goods and services deficit in the United States widened to USD 48.5 billion in January of 2017 from a USD 44.3 billion gap a month earlier and in line with market expectations of a USD 48.5 billion shortfall. It is the highest deficit since March of 2012 as imports jumped 2.3 percent due to consumer goods and oil and exports rose at a slower 0.6 percent. 2017-03-07T13:32:27
US Factory Orders Rise More Than Expected,Factory Orders,"US Factory Orders Rise More Than ExpectedUnited States Factory OrdersNew orders for manufactured goods in the United States increased 1.2 percent month-over-month in January of 2017 after a 1.3 percent rise in December and beating market expectations of 1 percent gain. Orders for transportation equipment jumped 6.2 percent, boosted by a 69.8 percent rise in civilian aircraft and a 62.2 percent surge in defense aircraft. Excluding transportation, orders rose 0.3 percent and excluding defense orders went up 1 percent. Non-defense capital goods excluding aircraft orders, seen as a proxy for business spending plans went down 0.1 percent.
2017-03-06T15:01:57"
US Stocks Fall On Monday,Stock Market,"US Stocks Fall On MondayUnited States Stock MarketWall Street opened lower on Monday as investors were less optimistic amid geopolitical concerns after North Korea fired four missiles into the Sea of Japan and a slump in Deutsche Bank shares after the bank announced a plan to raise capital. The Dow Jones declined 75 points or 0.4%, the S&P 500 went down 12 points or 0.5% and the Nasdaq lost 29 points or 0.5% around 10 minutes after the opening bell. 2017-03-06T14:45:31.833"
US Stocks End Little-Changed To Notch Weekly Gains,Stock Market,"US Stocks End Little-Changed To Notch Weekly GainsUnited States Stock MarketWall Street ended with modest gains on Friday. A further adjustment of the federal funds rate would be appropriate at the March meeting if employment and inflation continue to evolve in line with expectations, Fed Chair Yellen said in a speech in Chicago, further raising expectations of a rate hike in two weeks. The Dow Jones edged up 3 points, or almost flat, to 21,005.71. The S&P 500 inched up 1 point, or 0.1 percent, to 2,383.12. The Nasdaq increased by 10 points, or 0.2 percent, to 5,870.75. All major indices clinched weekly gains, with the Dow Jones rising 0.9 percent; the S&P 500 0.7 percent; and the Nasdaq 0.4 percent. 2017-03-03T21:07:28"
Fed Likely To Raise Rates In March,Interest Rate,"Fed Likely To Raise Rates In MarchUnited States Interest RateA further adjustment of the federal funds rate would likely be appropriate at the March meeting if employment and inflation continue to evolve in line with expectations, Fed Chair Yellen said in a speech in Chicago, further raising expectations of a rate hike in two weeks. 2017-03-03T18:18:56"
US Composite PMI Below Expectations: Markit,Composite Pmi,US Composite PMI Below Expectations: MarkitUnited States Composite PmiThe final Markit US Composite PMI fell to 54.1 in February of 2017 from a preliminary reading of 54.3 and 55.8 in the previous January. Both manufacturing (54.2 from 55) and services (53.8 from 55.6) rose at a slower pace. 2017-03-03T15:14:00
US Services Sector Growth At 16-Month High: ISM,Non Manufacturing PMI,"US Services Sector Growth At 16-Month High: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index rose to 57.6 in February of 2017 from 56.5 in January and beating market expectations of 56.5. It is the highest reading since October of 2015, boosted by a surge in activity and rising new orders and employment. The majority of service providers indicated a positive outlook on business conditions and the overall economy although some uncertainty persists. 2017-03-03T15:03:09"
US Services PMI Revised Down In February: Markit,Services PMI,"US Services PMI Revised Down In February: MarkitUnited States Services PMIThe final Markit US Services PMI fell to 53.8 in February of 2017, from a preliminary reading of 53.9 and a 14-month high of 55.6 in January. It is the lowest value in five months as new business growth eased; outstanding business fell for first time in three months and payrolls increased at a slower pace. In contrast, prices pressures were relatively muted. 2017-03-03T14:58:45"
Wall Street Ends Moderately Lower,Stock Market,"Wall Street Ends Moderately LowerUnited States Stock MarketWall Street closed moderately lower on Thursday as bets that the Federal Reserve will raise rates in two weeks continue to increase. Financials and technology led the declines, albeit Snap shares soaring as much as 50% in their market debut, the biggest technology IPO in the US since Alibaba debuted in 2014. The Dow Jones fell 113 points, or 0.5 percent, to 21,002.97. The S&P 500 declined by 14 points, or 0.6 percent, to 2,381.92. The Nasdaq decreased 43 points, or 0.7 percent, to 5,861.22. 2017-03-02T21:06:36"
ISM New York Index Falls For 2nd Month,Ism New York Index,"ISM New York Index Falls For 2nd MonthUnited States Ism New York IndexThe ISM NY Current Business Conditions Index fell to 51.3 in February of 2017 from 57.7 in January, mainly due to a decline in employment (43.2 from 54.8 in January) and lower expectations for revenues (66.7 from 69). In contrast, purchases went up (53.3 from 46.9), prices paid eased (51.8 from 54.7) and current revenues increased (62.1 from 55). The six-month outlook also went down to 58.2 from 66.2.2017-03-02T15:01:08.343"
US Jobless Claims Fall To 44-Year Low,Initial Jobless Claims,"US Jobless Claims Fall To 44-Year LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 19 thousand to 223 thousand in the week ended February 25th 2017, from the previous week's revised level of 242 thousand. The figure came in below expectations of 243 thousand to hit the lowest level since March 1973. Also, the four-week moving average of claims, which removes week-to-week volatility, fell 6.25 thousand to 234.25 thousand, the lowest reading since April 1973. 2017-03-02T13:31:52"
US Stocks Surge To Record Highs,Stock Market,"US Stocks Surge To Record HighsUnited States Stock MarketWall Street closed sharply higher and at new records on Wednesday following US president Trump's promises to cut taxes and spend $1 trillion on infrastructure in his first address to Congress. The Dow Jones surged 303 points, or 1.5% to 21,115.55. The S&P 500 rose 32 points, or 1.4% to 2,395.95. The Nasdaq increased 79 points, or 1.4% to 5,904.03. 2017-03-01T21:05:19"
US Crude Oil Stocks Rise Less Than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise Less Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up by 1.501 million barrels in the week ended February 24th, 2017, following a 0.564 million increase in the previous week and below market expectations of a 3.079 million rise. Gasoline stocks fell by 0.546 million, compared to expectations of a 1.789 million drop.2017-03-01T15:34:21.433"
US Construction Spending Falls Unexpectedly In January,Construction Spending,"US Construction Spending Falls Unexpectedly In JanuaryUnited States Construction SpendingConstruction spending in the US fell unexpectedly by 1 percent to $1.18 trillion in January 2017 compared with an upwardly revised 0.1 percent gain in December and way below market expectations of a 0.6 percent increase. Public construction spending tumbled 5 percent, the largest drop since March 2002, with outlays on state and local government construction projects falling by 4.8 percent, and federal government construction spending plummeting by 7.4 percent. Meanwhile, spending on private construction projects rose by 0.2 percent, the fourth straight month of gains, as residential construction spending increased by 0.5 percent to the highest level since August 2007.2017-03-01T15:05:44"
US Factory Activity Growth Beats Expectations: ISM,Business Confidence,"US Factory Activity Growth Beats Expectations: ISM United States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI rose to 57.7 in February of 2017 from 56 in January and well above market expectations of 56. It is the highest reading since August of 2014 amid rising new orders and production while employment eased. Comments from the panel largely indicate strong sales and demand, and reflect a positive view of business conditions.
2017-03-01T15:03:44"
US Markit Manufacturing PMI Revised Down,Manufacturing PMI,"US Markit Manufacturing PMI Revised DownUnited States Manufacturing PMIThe final Markit US Manufacturing PMI was revised slightly down to 54.2 in February of 2017 from a preliminary reading of 54.3 and 55 in January. Production eased from January's 22-month high, strong domestic demand offset subdued export sales and cost inflation continued to rise. 2017-03-01T14:50:30.173"
US Stocks Reach Fresh Record Highs,Stock Market,"US Stocks Reach Fresh Record HighsUnited States Stock MarketWall Street opened in the green on Wednesday, with the three major stock indexes reaching record highs amid rising expectations of a Fed rate hike as early as March following comments from a Fed official while President Trump speech on Tuesday failed to provide details on reforms. The Dow Jones gained 198 points or 1% to 21010.22; the S&P 500 added 20 points or 0.8% to 2,383.68 and the Nasdaq went up 48 points or 0.8% to 5,873.56 around 8 minutes after the opening bell.2017-03-01T14:45:58"
US Personal Income Rises More Than Expected In January,Personal Income,"US Personal Income Rises More Than Expected In JanuaryUnited States Personal IncomePersonal income in the United States rose by 0.4 percent month-over-month in January 2017, following a 0.3 percent increase in December and beating market expectations of a 0.3 percent gain. Wages and salaries went up by 0.4 percent, the same pace as in December, and personal current transfer receipts rose by 0.8 percent after growing by 0.3 percent in the previous month. Meanwhile, contributions for government social insurance, a subtraction in the calculation of personal income, climbed 1.6 percent after an increase of 0.3 percent in December.2017-03-01T13:38:03.68"
US PCE Price Index Rises The Most In 4 Years,PCE Price Index Monthly Change,"US PCE Price Index Rises The Most In 4 Years United States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States increased 0.4 percent in January of 2017 from December 2016, following 0.2 percent rise in the previous period. It was the biggest increase since February 2013. Cost of goods went up 0.9 percent (0.1 percent in December) and prices of services increased 0.2 percent (at the same pace as in December). Compared to the same month a year earlier, the PCE price index went up 1.9 percent, following 1.6 percent in the previous month. Excluding food and energy, prices increased 0.3 percent, above market expectations of 0.2 percent. Year-on-year, core price index rose 1.7 percent.
2017-03-01T13:34:29"
US Personal Spending Rises Less Than Expected,Personal Spending,"US Personal Spending Rises Less Than ExpectedUnited States Personal SpendingPersonal spending in the United States went up 0.2 percent in January of 2017 from December, following a 0.5 percent gain in the previous period. Figures came in below market expectations of 0.3 percent mainly due to a fall in purchases of durable goods, namely autos while spending on services was flat. 2017-03-01T13:31:12"
US Mortgage Applications Rise 5.8%,Mortgage Applications,"US Mortgage Applications Rise 5.8%United States Mortgage ApplicationsMortgage applications in the United States jumped 5.8 percent in the week ended February 24th 2017, following a 2 percent drop in the previous period, data from the Mortgage Bankers Association showed. Refinance applications rose 5.1 percent and applications to purchase a home jumped 6.5 percent. Average fixed 30-year mortgage rates fell by 4bps to 4.3 percent.2017-03-01T12:03:20.607"
Dollar Hits 6-Week High,Currency,"Dollar Hits 6-Week HighUnited States CurrencyThe dollar index rose to a six-week high of 101.78 around 9:30 AM London time on Wednesday, after William Dudley, head of the New York Federal Reserve, said that the prospects for raising rates had become “a lot more compelling”.2017-03-01T09:29:54.343"
US 10Y Bond Yield Moves Up By 2%,bond,US 10Y Bond Yield Moves Up By 2%united states bondUnited States 10 Year Government Bond Yield increased by 2% to 2.4149%2017-03-01T00:13:02.187
Dow Snaps 12-Session Record Streak,Stock Market,"Dow Snaps 12-Session Record StreakUnited States Stock MarketWall Street closed in the red ahead of President Donald Trump’s highly anticipated speech to a joint session of Congress. On Tuesday night, traders will be looking for details on his policies on tax reform, deregulation, health care and infrastructure spending. The Dow closed 25 points up, or 0.1 percent, to 20,812.38. The S&P declined 6 points, or 0.3 percent, to 2,363.64. The Nasdaq fell 36 points, or 0.6 percent, to 5,852.44.2017-02-28T21:07:48"
Richmond Fed Manufacturing Index At 11-Month High,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index At 11-Month HighUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia went up to 17 in February 2017 from 12 in the previous month, beating market expectations of 10. It was the highest reading since March last year, as improvement was seen in: shipments (+3 points to 16), volume of new orders (+9 points to 24), backlog of orders (+4 points to 8) and employment (+2 points to 10). Looking to the six months ahead, manufacturers anticipated robust business conditions, with strong growth in shipments and new orders, along with higher capacity utilization.2017-02-28T15:13:35"
Chicago Business Barometer Up To 2-Year High,Chicago Pmi,"Chicago Business Barometer Up To 2-Year HighUnited States Chicago PmiThe MNI Chicago Business Barometer rose to 57.4 in February 2017 from 50.3 in the previous month, better than market expectations of 53. It was the highest reading since January 2015, as new orders moved into expansion territory again, production was up to 13-month high and employment grew for the first time in four months to hit the highest level since October 2014. In contrast, supplier deliveries fell to the lowest level since last October.2017-02-28T15:06:03"
US Home Prices Rise More Than Expected: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Prices Rise More Than Expected: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite index of 20 metropolitan areas in the US rose 5.6 percent year-on-year in December 2016, following a downwardly revised 5.2 percent increase in the previous month and beating market consensus of a 5.3 percent gain. Prices in Seattle rose the most (+10.8 percent), followed by Portland (+10 percent) and Denver (+8.9 percent). On a monthly basis, prices increased by 0.3 percent after rising by 0.2 percent in November. Meanwhile, the national index, covering all nine US census divisions, rose by 5.8 percent from the previous year, the biggest gain in 30 months, and by 0.2 percent from November.2017-02-28T14:05:40"
US Wholesale Inventories Fall Unexpectedly In January,Wholesale Inventories,"US Wholesale Inventories Fall Unexpectedly In JanuaryUnited States Wholesale InventoriesWholesale stocks in the United States fell 0.1 percent month-over-month to $599.9 billion in January 2017, following a downwardly revised 0.9 percent rise in December and missing market expectations of a 0.5 percent gain, an advance estimate showed. Compared with the same month of the previous year, wholesale inventories increased by 2.2 percent.2017-02-28T13:38:54"
US GDP Growth Unrevised at 1.9% in Q4,GDP Growth Rate,"US GDP Growth Unrevised at 1.9% in Q4United States GDP Growth RateThe US economy advanced an annualized 1.9 percent on quarter in the fourth quarter of 2016, the same as in the preliminary estimate. In the third quarter, real GDP increased 3.5 percent.  With the second estimate for the fourth quarter, the general picture of economic growth remains the same; the increase in personal consumption expenditures was larger and increases in state and local government spending and in nonresidential fixed investment were smaller than previously estimated .

 2017-02-28T13:37:43.4"
Dow Books 12th Straight Record Close,Stock Market,"Dow Books 12th Straight Record CloseUnited States Stock MarketWall Street closed modestly in the green on Monday with the Dow Jones and the S&P 500 reaching all-time highs ahead of President Trump’s policy speech before Congress. The president said Monday that tax details will become clear until after the costs of repealing the Affordable Care Act are known. The Dow increased by 16 points, or 0.1 percent, to 20,837.44. The S&P edged up 2 points, or 0.1 percent, to 2,369.73. The Nasdaq closed 17 points higher, or 0.3 percent, to 5,861.90.2017-02-27T21:06:42"
Stocks in United States Hit All-time High,stock market,Stocks in United States Hit All-time HighUnited States stock marketDow Jones increased to an all-time high of 208442017-02-27T19:49:22.997
US 10Y Bond Yield Moves Up By 2%,bond,US 10Y Bond Yield Moves Up By 2%united states bondUnited States 10 Year Government Bond Yield increased by 2% to 2.3614%2017-02-27T18:32:20.043
Dallas Fed Manufacturing Index At Nearly 7-Year High,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index At Nearly 7-Year HighUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to 24.5 in February of 2017 from 22.1 in January, beating market expectations of 19.4 . It reached a new high since April of 2010, boosted by rising production (16.7 from 11.9 in January), capacity utilization (14.7 from 9.1) and employment (9.6 from 6.1). In contrast, new orders rose at a slower pace (11.6 from 15.7), shipments slowed (12.2 from 15.8) and inflation accelerated for both prices paid (31.5 from 30.8) and received (19.5 from 17.7).2017-02-27T15:40:57.283"
US Pending Home Sales Edge Up 0.4% YoY In January,Pending Home Sales,"US Pending Home Sales Edge Up 0.4% YoY In JanuaryUnited States Pending Home SalesContracts to buy previously owned homes in the United States went up 0.4 percent year-on-year in January of 2017, following a 0.1 percent drop in December. Compared to the previous month, sales declined 2.8 percent, following a downwardly revised 0.8 percent increase in December and defeating market expectations of a 0.8 percent gain. Across main four regions, contracts fell in the West (-9.8 percent) and the Midwest (-5 percent) but rose in the North (2.3 percent) and the South (0.4 percent). 2017-02-27T15:10:49"
US Durable Goods Rise More Than Expected,Durable Goods Orders,"US Durable Goods Rise More Than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods went up 1.8 percent month-over-month in January of 2017, following an upwardly revised 0.8 percent drop in December and beating market expectations of a 1.7 percent rise. It is the first gain in three months, boosted by a 6 percent jump in transportation equipment. However, non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, fell 0.4 percent after an upwardly revised 1.1 percent gain in December.
2017-02-27T13:36:25"
Dow Extends Wining Streak,Stock Market,"Dow Extends Wining Streak United States Stock MarketWall Street turned positive in the final minutes of Friday after staying in the red during most of the session on weaker than expected new home sales and consumer sentiment. The Dow closed 11 points higher, or 0.1 percent, to 20,821.76. The S&P rose 4 points, or 0.2 percent, to 2,367.34. The Nasdaq increased 10 points, or 0.2 percent, to 5,845.31. All major indices booked weekly gains, with the Dow rising 1.0 percent, the S&P 0.7 percent, and the Nasdaq 0.1 percent.2017-02-24T21:18:02"
US 10Y Bond Yield Hits 12-week Low,bond,US 10Y Bond Yield Hits 12-week Lowunited states bondUnited States 10 Year Government Bond Yield decreased to a 12-week low of 2.3206%2017-02-24T16:26:03.44
US Consumer Sentiment Revised Up In February,Consumer Confidence,"US Consumer Sentiment Revised Up In FebruaryUnited States Consumer ConfidenceThe final reading of the University of Michigan's consumer sentiment for the United States came in at 96.3 in February 2017 compared to a preliminary figure of 95.7 and a final 98.5 in January. It was the weakest reading in three months, due to a drop in future expectations while the current economic conditions continued to improve.2017-02-24T15:09:52"
US New Home Sales Rise Less Than Expected,New Home Sales,"US New Home Sales Rise Less Than ExpectedUnited States New Home SalesSales of new single-family houses in the United States went up 3.7 percent to a seasonally adjusted annual rate of 555,000 in January of 2017. It follows a downwardly revised 535,000 in the previous month, but lower than market expectations of 570,000.2017-02-24T15:07:47"
Dow Notches 10th Straight Record Close,Stock Market,"Dow Notches 10th Straight Record Close United States Stock MarketThe Dow booked its 10th consecutive day of record highs Thursday, after US Treasury Secretary Steve Mnuchin said the Trump administration is committed to passing a “very significant” tax reform before Congress' August recess.  The Dow closed 35 points higher, or 0.2%, to 20,810; and the S&P rose 1 point, or less than 0.1%, to 2,364; while the Nasdaq declined 25 points, or 0.4%, to 5,836.2017-02-23T21:11:22"
US Crude Oil Inventories Rise Less Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Less Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up by 0.564 million barrels in the week ended February 17th, 2017, following a 9.527 million increase in the previous week and well below market expectations of a 3.475 million rise. Also, gasoline stocks fell by 2.628 million, compared to expectations of a 0.888 million drop.2017-02-23T16:05:26.63"
"Dow, S&P Hit New All-Time High",stock market,"Dow, S&P Hit New All-Time HighUnited States stock marketUS stocks traded mostly higher on Thursday, after US Treasury Secretary Steve Mnuchin said the Trump administration is committed to passing a “very significant” tax reform before Congress' August recess. The Dow Jones rose 28 points, or 0.1%, to a new all-time high of 20,803, and the S&P 500 gained 3 points, or 0.1%, to a record 2,365 around 20 minutes after the opening bell. Meanwhile, the Nasdaq declined 11 points, or 0.2%, to 5,850.2017-02-23T14:30:07"
US House Prices Rise 0.4% In December: FHFA,FHFA House Price Index MoM,"US House Prices Rise 0.4% In December: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose by 0.4 percent month-over-month in December 2016, following an upwardly revised 0.7 percent gain in November and in line with market expectations. Among Census divisions, the biggest price increases were recorded in East South Central (2.1 percent) and East North Central (0.9 percent). Year-on-year, the FHFA house price index went up 6.2 percent compared to a 6.1 percent rise the previous month. 2017-02-23T14:10:55.397"
US Chicago Fed National Activity Index Below Expectations,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index Below ExpectationsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States fell to -0.05 in January 2017 from an upwardly revised +0.18 in the previous month and missing market expectations of +0.10. The contribution from production-related indicators declined to -0.07 from +0.18 in December; and that from the personal consumption and housing category fell further to -0.05 from -0.03. Meanwhile, employment-related indicators contributed +0.06, up from –0.01 in December and the sales, orders, and inventories category made a contribution of +0.02, down slightly from +0.04 in the previous month.2017-02-23T13:41:26.903"
US Jobless Claims Rise More Than Expected,Initial Jobless Claims,"US Jobless Claims Rise More Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 6 thousand to 244 thousand in the week ended February 18th 2017, from the previous week's downwardly revised level of 238 thousand and above market expectations of 241 thousand. Claims have been below 300 thousand for 103 straight weeks, the longest streak since 1970.2017-02-23T13:33:05.897"
Dow Books New Record For Longest Win Streak Since 1987,Stock Market,"Dow Books New Record For Longest Win Streak Since 1987 United States Stock MarketWall Street closed modestly lower on Wednesday with the Dow eking out a new record high for its longest streak of record closes (9) in 30 years. Minutes from the FOMC meeting held on January 31-February 1 showed that officials said it might be appropriate to raise rates again fairly soon, depending on incoming data for labour market and inflation. The Dow closed 33 points higher or 0.2 percent to 20.775.60. The S&P declined 3 points or 0.1 percent to 2,362.82. The Nasdaq edged down 5 points or 0.1 percent to 5,860.63. 2017-02-22T21:09:25"
Fed May Raise Rates Soon,Interest Rate,"Fed May Raise Rates Soon United States Interest RateMany Fed officials said it might be appropriate to raise rates again fairly soon, depending on incoming data for labour market and inflation, minutes from FOMC meeting held on January 31-February 1 showed. However, policymakers emphasized uncertainty regarding fiscal policies and showed concerns over the dollar appreciation. 
2017-02-22T19:31:03"
Dow Hits Fresh All-Time High Ahead Of Fed Minutes,stock market,"Dow Hits Fresh All-Time High Ahead Of Fed MinutesUnited States stock marketThe Dow Jones rose 24 points, or 0.1%, to a new all-time high of 20,766 around 12:30 PM NY time on Wednesday, ahead of minutes from the Federal Reserve, which could offer guidance on the timing and pace of rate increases. Meanwhile, the S&P 500 retreated 3 points, or 0.1%, to 2,362; and the Nasdaq declined 7 points, or 0.1%, to 5,859.2017-02-22T15:38:53"
US Existing Home Sales At 10-Year High,Existing Home Sales,"US Existing Home Sales At 10-Year HighUnited States Existing Home SalesSales of previously owned houses in the United States jumped 3.3 percent month-over-month to a seasonally adjusted annual rate of 5690 thousand in January of 2017, following a downwardly revised 5510 thousand in the previous month and beating market expectations of 5540 thousand. It is the highest value since February of 2007 as sales rebounded for condos (8.3 percent from -10.4 percent in December to 650 thousand) and single family (2.6 percent from -0.4 percent to 5040 thousand). The average price declined 1.4 percent and the months' worth of supply was steady at 3.6. In addition, the number of houses available in the market increased to 1690 thousand. 2017-02-22T15:09:27.497"
US Mortgage Applications Fall for 2nd Week,Mortgage Applications,"US Mortgage Applications Fall for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States decreased 2 percent in the week ended February 17th 2017, following a 3.7 percent drop in the previous period, data from the Mortgage Bankers Association showed. Refinance applications declined 1 percent and applications to purchase a home went down 2.8 percent. Average fixed 30-year mortgage rates increased by 4bps to 4.36 percent.2017-02-22T12:04:15.54"
US Stocks Hit Fresh Highs,Stock Market,"US Stocks Hit Fresh HighsUnited States Stock MarketWall Street closed in the green on Tuesday, booking new record highs after readings on euro-area manufacturing topped estimates and the dollar resumed its advance. All major indices advanced to new highs. The Dow closed 119 points or 0.6 percent up to 20,743.00, and posted its 8th straight daily gain. The S&P rose 14 points or 0.6 percent to 2,365.38, and clinched its 9th gain in the past 10 sessions. The Nasdaq increased by 27 points or 0.5 percent to 5,865.95. 2017-02-21T21:10:30"
US Private Sector Grows At Slower Pace: Markit,Composite Pmi,"US Private Sector Grows At Slower Pace: MarkitUnited States Composite PmiThe Markit Flash US Composite Output Index dropped to 54.3 in February 2017 from 55.8 in the previous month. It was the weakest reading in two months, as growth slowed across both service sector (PMI at 53.9 from 55.6 in January) and manufacturing (PMI at 54.3 from 55). Also, business optimism moderated among US private sector firms, driven by weaker confidence across the service economy.2017-02-21T15:05:33"
US Factory Activity Growth Slows: Markit,Manufacturing PMI,"US Factory Activity Growth Slows: MarkitUnited States Manufacturing PMIThe Flash Markit US Manufacturing PMI decreased to 54.3 in February of 2017 from a near 2-year high of 55 in January. Figures came below market expectations of 55.3, mainly due to softer output and new order growth.2017-02-21T14:53:23.427"
US Service Sector Expands Less Than Expected: Markit,Services PMI,"US Service Sector Expands Less Than Expected: MarkitUnited States Services PMIThe Markit Flash US Services PMI Business Activity Index fell to 53.9 in February 2017 from January's 14-month high of 55.6 and way below market expectations of 55.8. The slowdown in service sector growth reflected a moderation in new business expansion to its weakest for five months in while the pace of job creation eased to a three-month low. Also, service providers’ outlook for growth over the year ahead fell to its lowest level since September last year after hitting a 20-month high in January. Still, the average index reading for Q1 2017 so far (54.8) indicates that the service sector is still on course to register its fastest quarterly growth since the end of 2015. 2017-02-21T14:53:00"
US Stocks Hit New Records On Earnings,Stock Market,"US Stocks Hit New Records On Earnings United States Stock MarketUS stocks hit fresh record highs on Tuesday, after stronger-than-expected earnings reports from some major US retailers such as Walmart, Home Depot and Macy's boosted sentiment. The Dow Jones advanced 72 points, or 0.4%, to 20,696; the S&P 500 gained 8 points, or 0.4%, to 2,359; and the Nasdaq added 16 points, or 0.3%, to 5,856 around 15 minutes after the opening bell.2017-02-21T14:43:10"
US Stocks Close Higher to Notch Over 1.5% Weekly Gains,Stock Market,"US Stocks Close Higher to Notch Over 1.5% Weekly GainsUnited States Stock MarketWall Street trimmed early losses with the three major indexes closing at new record highs on Friday as investors continue to assess the prospects for President Trump’s economic plans and the timing of Fed interest-rate hikes. The Dow Jones gained 4 points to 20624.05; the S&P 500 went up 4 points to 2351.16 and the Nasdaq increased 24 points to 5838.58. On the week, the Dow gained 1.7%; the S&P rose 1.5% and the Nasdaq went up 1.8%. 2017-02-17T21:09:24"
US Stocks Slip to End Rally,Stock Market,"US Stocks Slip to End RallyUnited States Stock MarketMost US stock indices closed modestly lower on Thursday to end the rally, with the Dow eking out gain. Investors took some profit as they await for details on President’s Trump pro-growth policy promises and as they assess the timing of the Fed’s next rate increase. Gold futures closed at more than 3-month high. Except for the Dow, which edged up 8 points up or less than 0.1 percent to book a new all-time high at 20,619.77, the other two major indices closed on the red. The S&P declined 2 points or 0.1 percent to 2,347.22; and the Nasdaq edged down 5 points or 0.1 percent to 5,814.90. 2017-02-16T21:05:57"
US Stocks Fall On Thursday,Stock Market,"US Stocks Fall On Thursday United States Stock MarketWall Street traded in negative territory on Thursday morning after hitting record highs at the open and following 5 consecutive sessions of record closes, the longest streak in 25 years. The Dow Jones lost 19 points or 0.1%, the S&P 500 fell 6 points or 0.2% and the Nasdaq traded 15 points or 0.3% lower around 12:20 PM NY time.
2017-02-16T17:20:34"
US Stocks At New High On Thursday,Stock Market,"US Stocks At New High On ThursdayUnited States Stock MarketWall Street opened slightly higher and at fresh highs on Thursday after booking the longest streak of record closing highs in 25 years in the previous day. Investors became more optimistic after President Trump promised a tax reform last week. The Dow Jones added 11 points or less than 0.1% at 20,622.6; the S&P 500 gained less than 1 point or 0.1% to 2,348.1 and the Nasdaq gained 11 points r 0.2% to 5,829.94 around 15 minutes after the opening bell. 

2017-02-16T14:51:41.78"
Philadelphia Fed Manufacturing Index At 33-Year High,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index At 33-Year High United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index jumped to 43.3 in February of 2017 from a 23.6 19.7 in January of 2017 and beating market expectations of 18. It was the highest reading since January 1984 as new orders (38 from 26 in January) and shipments (28.6 from 20.2) rose sharply. In contrast, employment (11.1 from 12.8) and inventories (-4.7 from 12.2) slowed. On the prices front, both prices paid (29.9 from 32.5) and received (10.6 from 26.8) increased at a slower pace. 2017-02-16T13:41:06"
US Building Permits Climb To 1-Year High,Building Permits,"US Building Permits Climb To 1-Year HighUnited States Building PermitsBuilding permits in the United States rose by 4.6 percent month-over-month to a seasonally adjusted annualized rate of 1,285 thousand in January 2017, the highest level since November 2015. Building permits for multi-family units soared 19.8 percent to 477 thousand while single-family authorizations slipped 2.7 percent to 808 thousand, after increasing for five consecutive months. Permits rose in the Northeast (29.6 percent), in the South (9.9 percent) and in the Midwest (5.3 percent), but declined in the West (-13.2 percent). Year-on-year, building permits increased 8.2 percent.2017-02-16T13:38:08"
US Housing Starts Decline 2.6% In January,Housing Starts,"US Housing Starts Decline 2.6% In JanuaryUnited States Housing StartsHousing starts in the United States went down 2.6 percent from the previous month to a seasonally adjusted annualized rate of 1246 thousand in January of 2017, following an upwardly revised 1279 thousand in the previous month and due to a fall in the multi-family segment. Figures beat market expectations of 1222 thousand. Building permits rose 4.6 percent to a one-year high of 1285 thousand, also better than forecasts of 1230 thousand.2017-02-16T13:34:09"
US Jobless Claims Rise Less Than Expected,Initial Jobless Claims,"US Jobless Claims Rise Less Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 5 thousand to 239 thousand in the week ended February 11th 2017, from the previous week's unrevised level of 234 thousand and below market expectations of 245 thousand. Claims have been below 300 thousand for 102 straight weeks, the longest streak since 1970.2017-02-16T13:32:56"
Dollar Slips From 1-Month Peak,Currency,"Dollar Slips From 1-Month PeakUnited States CurrencyThe dollar index tracking the greenback against a basket of peers declined 0.3% to 100.8 around 8:15 AM London time on Thursday, as a rally following Fed chair Janet Yellen’s comments at the start of the week lost steam. The euro added 0.2% to $1.0627; the British pound gained 0.2% to $1.2494; and the Japanese yen strengthened 0.4% to ¥113.72 per buck.2017-02-16T08:24:32.213"
US Net Capital Outflow $42.8B in December,Capital Flows,"US Net Capital Outflow $42.8B in DecemberUnited States Capital FlowsOverseas investors sold $42.8 billion of US assets in December 2016, including short-dated instruments after buying an upwardly revised $30.2 billion in November. Meanwhile, foreigners sold $29.4 billion of long-term US securities, including government and corporate, after buying an upwardly revised $15.9 billion in the previous month. Foreign investors sold $21.9 billion of US treasuries, after selling $0.2 billion in November.2017-02-15T21:13:23.063"
US Stocks Book Longest Record Run in 25 Years,Stock Market,"US Stocks Book Longest Record Run in 25 YearsUnited States Stock MarketWall Street closed on new highs on Wednesday and booked the longest streak of record closing highs in 25 years. An uptick in consumer prices was observed at the start of the year, with annual inflation reaching in January the highest level in almost 5 years. Following the release, the odds of a Fed rate rise in March jumped to 42 percent from 32 percent on Tuesday. All major indices reached record highs for a fifth straight day, with the Dow Jones increasing 107 points or 0.5 percent to 20,611.45; the S&P rising 12 points or 0.5 percent to 2,349.24; and the Nasdaq climbing 37 points of 0.6 percent to 5,819.44. 
.2017-02-15T21:11:41"
US Crude Oil Inventories Rise More Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up by 9.527 million barrels in the week ended February 10th, 2017, following a 13.83 million increase in the previous week and compared to market expectations of a 3.513 million rise. Also, gasoline stocks rose by 2.846 million, compared to expectations of a 0.752 million drop.2017-02-15T15:35:02"
US Business Inventories Rise 0.4%,Business Inventories,"US Business Inventories Rise 0.4%United States Business InventoriesManufacturers’ and trade inventories in the United States increased by 0.4 percent month-over-month in December 2016 after an upwardly revised 0.8 percent rise in November and beating market expectations of a 0.4 percent gain. Inventories at manufacturers and retailers edged up 0.1 percent each and those in wholesalers jumped 1 percent. In contrast, autos/parts inventories fell 0.6 percent. Retail inventories excluding autos, which go into the calculation of GDP, grew by 0.4 percent. In addition, business sales jumped 2 percent in December, the biggest increase since March of 2011.
2017-02-15T15:13:58.913"
US Homebuilder Sentiment Slips In February: NAHB,Nahb Housing Market Index,US Homebuilder Sentiment Slips In February: NAHBUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States fell to 65 in February 2017 from 67 in the previous month and below market consensus of 67. Current single-family home sales decreased 1 point to 71; sales expectations over the next six months went down 3 points to 73; and buyer traffic declined 5 points to 46. 2017-02-15T15:03:55
Dow Jones Hits Record High On Wednesday,stock market,"Dow Jones Hits Record High On WednesdayUnited States stock marketWall Street opened mixed on Wednesday after inflation rate came above expectations at 2.5% although industrial production fell 0.3% compared to forecasts of a 0.1% rise. Yet, the Dow Jones gained 31 points or 0.2% to 20,535.63, a new high and the Nasdaq rose 5 points or near 0.1% to 5,787.21, also a fresh high. In contrast, the S&P 500 traded nearly flat around 20 minutes after the opening bell.2017-02-15T14:30:03"
US Industrial Output Falls Unexpectedly In January,Industrial Production Mom,"US Industrial Output Falls Unexpectedly In JanuaryUnited States Industrial Production MomUS industrial production fell by 0.3 percent month-over-month in January 2017, following a downwardly revised 0.6 percent rise in the previous month and worse than market expectations of a 0.1 percent gain. Utilities output dropped sharply by 5.7 percent due to unseasonably warm weather while manufacturing production grew 0.2 percent, matching analysts' forecasts, and mining output rose 2.8 percent.2017-02-15T14:19:54"
NY Empire State Manufacturing Index At 2-1/2-Year High,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index At 2-1/2-Year HighUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index surged to 18.7 in February of 2017 from a 6.5 in January and above market expectations of 7. It was the highest level since September 2014, driven by new orders (13.5 from 3.1 in January); shipments (18.2 from 7.3); inventories (3.1 from 2.5) and employment (number of employees at 2 from -1.7 and average workweek at 4.1 from -4.2). Also, both input prices (37.8 from 36.1) and selling prices (19.4 from 17.6) increased more rapidly. The six-month outlook suggested that respondents remained highly optimistic about future conditions, despite 8 points drop to 41.7. 2017-02-15T13:42:02"
US Retail Sales Rise More Than Expected In January,Retail Sales MoM,"US Retail Sales Rise More Than Expected In JanuaryUnited States Retail Sales MoMRetail sales in the United States increased by 0.4 percent month-over-month in January 2017, following an upwardly revised 1 percent rise in December and above market expectations of a 0.1 percent gain. Higher sales at gasoline stations, restaurants and electronics and appliances stores offset a sharp drop in motor vehicle purchases. The so-called core retail trade, which excludes automobiles, gasoline, building materials and food services rose also 0.4 percent after an upwardly revised 0.4 percent gain in December. Compared to January last year retail sales were up 5.6 percent. 2017-02-15T13:40:03"
US Inflation Rate At Near 5-Year High Of 2.5%,Inflation Rate,"US Inflation Rate At Near 5-Year High Of 2.5%United States Inflation RateConsumer prices in the United States increased 2.5 percent year-on-year in January of 2017, following a 2.1 percent rise in December and above market expectations of 2.4 percent. The inflation rate accelerated for the sixth consecutive month to the highest since March of 2012, mainly boosted by gasoline prices. 2017-02-15T13:35:57"
Dollar Climbs To 1-Month High On Strong Data,currency,Dollar Climbs To 1-Month High On Strong DataUnited States currencyThe dollar index rose to a 4-week high of 101.74 on Wednesday after latest data from the US showed consumer prices increased at the fastest pace in nearly five years in January while retail sales grew faster than expected in the same month.2017-02-15T13:35:02
US Mortgage Applications Fall 3.7%,Mortgage Applications,"US Mortgage Applications Fall 3.7%United States Mortgage ApplicationsMortgage applications in the United States decreased 3.7 percent in the week ended February 10th 2017, following a 2.3 percent drop in the previous period, data from the Mortgage Bankers Association showed. Refinance applications declined 2.9 percent and applications to purchase a home went down 4.5 percent. Average fixed 30-year mortgage rates fell by 3bps to 4.32 percent.2017-02-15T12:06:15"
US Stocks Boosted by Yellen’s Optimism,Stock Market,"US Stocks Boosted by Yellen’s OptimismUnited States Stock MarketWall Street closed in positive territory on Tuesday, recovering from earlier declines after remarks from Chair Yellen before Congress suggested the Fed could raise rates soon. Yellen said gains in consumer spending, household income and wealth are sustaining economic growth that may warrant higher interest rates. Led by financials, all three major stock indexes notched record highs for the fourth straight day: the Dow Jones gained 92 points or 0.5 percent to 20,504.41; the S&P 500 went up 9 points or 0.4 percent to 2,337.58; and the Nasdaq rose 19 points or 0.3 percent to 5,782.57.2017-02-14T21:06:43"
US Stocks Recover After Yellen Speech,stock market,"US Stocks Recover After Yellen SpeechUnited States stock marketWall Street traded in positive territory on Tuesday afternoon, recovering from earlier declines after remarks from Chair Yellen before Congress suggested the Fed could raise rates soon. All three major stock indexes reached record highs: the Dow Jones gained 58 points or 0.3% to 20,470.36; the S&P 500 went up 6 points or 0.3% to 2,334.25 and the Nasdaq rose 14 points or 0.2% to 5,777.46 around 1:30 PM NY time.2017-02-14T16:57:47"
USD Hits 1-Month High On Yellen Comments,Currency,"USD Hits 1-Month High On Yellen CommentsUnited States CurrencyThe dollar index gained 0.2% to 101.18 around 10:30 AM NY time on Tuesday, its highest level since January 18th, after Fed chair Janet Yellen signaled that further interest rate hikes were likely and that “waiting too long to remove accommodation would be unwise"".2017-02-14T15:33:42"
Fed Might Raise Rates Relatively Soon,Interest Rate,"Fed Might Raise Rates Relatively Soon United States Interest RateThe US economy is expected to continue to expand at a moderate pace and wait too long to raise rates would be unwise, Fed Chair Yellen said in prepared remarks to the Congress. However, the economic outlook and fiscal policy face uncertainty and monetary policy is not on a preset course thus any changes will depend on incoming data, Fed Chair added.2017-02-14T15:28:00"
US Producer Prices Rise The Most In Nearly 4 Years,Producer Price Inflation MoM,"US Producer Prices Rise The Most In Nearly 4 YearsUnited States Producer Price Inflation MoMUS producer prices advanced 0.6 percent month-over-month in January 2017, following a 0.3 percent rise in the previous month and beating market consensus of a 0.3 percent gain. It was the sharpest increase since September 2012 as prices for final demand goods increased 1 percent, the largest rise since May 2015, driven by rising cost of energy products (4.7 percent from 1.8 percent in December). Also, prices for final demand services went up 0.3 percent, as the volatile trade services component, which measures changes in margins received by wholesalers and retailers, jumped 0.9 percent after showing no growth in the prior month. Year-on-year, producer prices rose 1.6 percent, the same as in December but above expectations of a 1.5 percent increase.2017-02-14T13:40:45.163"
US Small Business Confidence Edges Up In January,NFIB Business Optimism Index,"US Small Business Confidence Edges Up In JanuaryUnited States NFIB Business Optimism IndexThe NFIB Business Optimism Index in the United States increased to 105.9 in January of 2017 from 105.8 in the previous month and above market expectations of 105.1. It is the highest figure since December of 2004. Five of the ten index components increased and five decreased, but many held near their record high. Job openings (+2) and job creation plans (+2) both posted small gains, confirmed by a huge increase in the net number of jobs added by the average firm. In contrast, business owners expect slightly lower sales (-2) and plans to make capital outlays (-2) and increase inventories (-2) decreased.2017-02-14T11:14:37.633"
US Stocks Close At Record High For 3rd Session,Stock Market,"US Stocks Close At Record High For 3rd SessionUnited States Stock MarketWall Street closed at a record high for the third session on Monday, led by gains in financial shares. Stocks extended last week gains after President Trump said he will make an announcement on “phenomenal” tax reform in the next few weeks. In addition, investors await Fed Yellen testimony before Congress on Tuesday for further clues on the timing of Fed's next rate hike. The Dow Jones gained 143 points or 0.7% to 20,412.16; the S&P 500 went up 12 points or 0.5% to 2,328.25 and the Nasdaq closed 30 points or 0.5% higher at 5,763.96. 2017-02-13T21:18:45"
US Stocks Open At Record High On Monday,Stock Market,"US Stocks Open At Record High On MondayUnited States Stock MarketWall Street opened in record territory on Monday, extending last week gains after President Trump said he will make an announcement on “phenomenal”  tax reform in the next few weeks. In addition, investors await Fed Yellen testimony before Congress on Tuesday for further clues on the timing of Fed's next rate hike. The Dow Jones gained 77 points or 0.4% to 20,346.52; the S&P 500 went up 6 points or 0.3% to 2,322.54 and the Nasdaq traded 22 points or 0.4% higher at 5,755.86 around 5 minutes after the opening bell.2017-02-13T14:45:00"
US Stocks At Record High,Stock Market,"US Stocks At Record High United States Stock MarketThe three major stock indexes in the US finished at fresh record highs on Friday, as President Donald Trump’s promised to make an announcement on “phenomenal”  tax reform in the next few weeks. The Dow Jones added 97 points or 0.5% to 20,269; the S&P 500 gained 8 points or 0.4% to 2,316 and the Nasdaq increased 19 points or 0.3% to 5,734. On a week, the Dow Jones gained 1%, the S&P 500 went up 0.9% and the Nasdaq increased 1.2%.2017-02-10T21:19:15.223"
US Budget Surplus Beats Estimates In January,Government Budget Value,"US Budget Surplus Beats Estimates In JanuaryUnited States Government Budget ValueThe US government posted a $51 billion budget surplus in January of 2017, 7.1 percent lower than a $55 billion surplus a year earlier but above market expectations of $40 billion. Receipts rose 10 percent to $344 billion and outlays increased 13 percent to $293 billion. 2017-02-10T19:05:27.03"
US Consumer Sentiment At 3-Month Low,Consumer Confidence,US Consumer Sentiment At 3-Month LowUnited States Consumer ConfidenceThe preliminary reading of the University of Michigan's consumer sentiment for the United States fell to 95.7 in February of 2017 from a 13-year high of 98.5 in the previous month and lower than market forecasts of 97.9. Future expectations declined and current conditions edged down.2017-02-10T15:05:26.69
Stocks in United States Open At Fresh All-Time Highs,Stock Market,"Stocks in United States Open At Fresh All-Time HighsUnited States Stock MarketThe three major stock indexes in the US opened at record highs on Friday after President Trump promised to make an announcement on a much-anticipated tax reform in the next few weeks on Thursday. The Dow Jones went up 56 points, or 0.3%, to 20,228; the S&P 500 added 4 points, or 0.2%, to 2,312; and the Nasdaq gained 8 points, or 0.1%, to 5,723 around 7 minutes after the opening bell.2017-02-10T14:42:56.65"
US Export Prices Rise 0.1% MoM In January,Export Prices MoM,"US Export Prices Rise 0.1% MoM In JanuaryUnited States Export Prices MoMUS export prices edged up 0.1 percent on month in January 2017, after increasing by an upwardly revised 0.4 percent in December and in line with market expectations. Rising prices for nonagricultural exports (0.1 percent) offset falling agricultural prices (-0.1 percent). With the exception of a 0.8 percent drop in August 2016, export prices have trended up since April 2016. Compared with the same month of 2016, export prices rose by 2.3 percent, the largest advance since January 2012. 2017-02-10T13:37:15.57"
US Import Prices Rise More Than Expected In January,Import Prices MoM,"US Import Prices Rise More Than Expected In January United States Import Prices MoMPrices for US imports increased by 0.4 percent month-over-month in January 2017, following an upwardly revised 0.5 percent gain in December and above market consensus of a 0.2 percent rise. Imported fuel prices went up 5.8 percent (6.6 percent in December); while non-fuel prices fell 0.2 percent (-0.1 percent in December), dragged by a 1.3 percent decline in cost of imported food. Year-on-year, import prices jumped 3.7 percent, the largest gain since February 2012.2017-02-10T13:35:47.477"
Dollar Rises To 3-Week High On Trump Tax Vow,Currency,"Dollar Rises To 3-Week High On Trump Tax VowUnited States CurrencyThe dollar index rose 0.2% to 100.87 on Friday, its highest level since January 19th, after US President Donald Trump promised a ""phenomenal"" corporate tax announcement in the next two to three weeks.2017-02-10T08:30:37.587"
Stocks in United States Close At All-Time Highs,Stock Market,"Stocks in United States Close At All-Time HighsUnited States Stock MarketThe three major stock indexes in the US finished at record highs on Thursday after President Trump said he plans to make an announcement on a much-anticipated tax reform in the next few weeks. The Dow Jones added 118 points or 0.6% to 20,172.4; the S&P 500 gained 13 points or 0.6% to 2,307.87 and the Nasdaq increased 33 points or 0.6% to 5,715.18. 2017-02-09T21:06:23"
Stocks in United States Hit All-time High,stock market,"Stocks in United States Hit All-time HighUnited States stock marketThe three major stock indexes in the US hit record highs on Thursday morning after President Trump said he plans to make an announcement on a much-anticipated tax reform in the next few weeks. The Dow Jones added 124 points or 0.6% to 201,177.93; the S&P 500 gained 12 points or 0.5% to 2306.66 and the Nasdaq traded 30 points or 0.5% higher at 5712.76 around 12:50 PM NY time. 
2017-02-09T16:03:06"
US Wholesale Inventories Rise 1% In December,Wholesale Inventories,"US Wholesale Inventories Rise 1% In DecemberUnited States Wholesale InventoriesWholesale stocks in the United States went up 1 percent to $601.1 billion in December from November of 2016, matching preliminary estimates and the same as in the previous month. Inventories of nondurable goods jumped 1.4 percent (1 percent in November) while those of durables goods rose slightly less (0.7 percent compared to 1 percent). Inventories of petroleum recorded the biggest gain (10.1 percent from 5.3 percent), followed by automotive (2 percent from 3.5 percent); computer equipment (1.1 percent from 1.9 percent) and machinery (0.1 percent from 0 percent). Excluding autos which go into GDP calculation, wholesale inventories went up 0.9 percent.2017-02-09T15:12:18"
"US Stocks Trade Higher, Nasdaq Hits All-Time High",Stock Market,"US Stocks Trade Higher, Nasdaq Hits All-Time HighUnited States Stock MarketUS stocks traded slightly higher on Thursday boosted by strong earnings reports from Viacom, CVS Health Corp and Dunkin' Brands Group while investors remain cautious amid policy uncertainty under US President Donald Trump's administration. The Dow Jones went up 34 points, or 0.2%, to 20,088; the S&P 500 added 4 points, or 0.2%, to 2,299; and the Nasdaq gained 15 points, or 0.3%, to a new high of 5,698 around 15 minutes after the opening bell.2017-02-09T14:48:29"
US Jobless Claims Drop To Nearly 43-Year Low,Initial Jobless Claims,"US Jobless Claims Drop To Nearly 43-Year LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 12 thousand to 234 thousand in the week ended February 4th 2017, below market expectations of 250 thousand. It is the smallest figure since the week ended November 12th 2016 when claims came in at 233,000, the lowest in 43 years. Claims have been below 300 thousand, the level associated with a healthy labor market for 101 straight weeks. That’s the longest streak since 1970. Yet, the 4-week moving average considered a better measure as removes week-to-week volatility reached the lowest since 1973. 2017-02-09T13:32:35"
"US Stocks Close Mixed, Nasdaq At Record High",Stock Market,"US Stocks Close Mixed, Nasdaq At Record HighUnited States Stock MarketWall Street closed mixed on Wednesday, as financial shares declined while oil prices rebounded after crude inventories release. The Dow Jones lost 36 points or 0.2% to 20054; the Nasdaq gained 8 points or 0.1% to a new high of 5682 and the S&P 500 finished near the flatline.2017-02-08T21:14:00.523"
US Crude Oil Inventories Rise Much More Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Much More Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up by 13.83 million barrels in the week ended February 3rd, 2017, following a 6.46 million increase in the previous week and compared to market expectations of a 2.529 million rise. It is the biggest jump in 14 weeks. Meanwhile, gasoline stocks fell by 0.869 million, compared to expectations of a 1.071 million rise.2017-02-08T15:36:13.86"
US Mortgage Applications Rebound In Latest Week,Mortgage Applications,"US Mortgage Applications Rebound In Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 2.3 percent in the week ended February 3rd 2017, following a 3.2 percent drop in the previous period, data from the Mortgage Bankers Association showed. Applications to purchase a home went up 1.8 percent and refinance applications rose 2.2 percent. Average fixed 30-year mortgage rates fell by 4bps to 4.35 percent.2017-02-08T12:06:02.223"
Dow And Nasdaq Close At Record High,Stock Market,"Dow And Nasdaq Close At Record HighUnited States Stock MarketWall Street closed mostly higher on Tuesday with the Dow and the Nasdaq hitting fresh highs, amid higher-than-expected economic optimism data, and the earnings season continues: GM earnings and profit beat expectations while Michael Kors earnings beat forecasts but revenues were lower than expected. The Dow Jones went up 38 points or 0.2% to a new high of 20090; the Nasdaq gained 11 points or 0.2% to a new high of 5674 and the S&P 500 finished near the flatline.2017-02-07T21:16:41.007"
US Consumer Credit Rises Less Than Expected In December,Consumer Credit,"US Consumer Credit Rises Less Than Expected In December United States Consumer CreditConsumer credit in the United States increased by $14.16 billion in December of 2016, following an upwardly revised $25.2 billion rise in November and well below market expectations of $20 billion. Revolving credit rose by $2.37 billion, after increasing by $11.77 billion in the previous month and non-revolving credit went up by $11.79 billion, compared with a $13.44 billion rise in November.2017-02-07T20:04:51.55"
US Economic Optimism At More Than 12-Year High,Economic Optimism Index,"US Economic Optimism At More Than 12-Year High United States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index rose to 56.4 in February of 2017 from 55.6 in January. It is the highest figure since October of 2004, as Americans are hopeful that President Trump will deliver on his promises to boost employment and growth. The personal financial outlook index gained 0.5 points to 62.8 and the measure of confidence in federal economic policies rose 2.4 point to 50.9. In contrast, the six-month economic outlook edged down 0.4 points to 55.6.2017-02-07T15:21:04"
US Job Openings Below Expectations In December,Job Offers,"US Job Openings Below Expectations In DecemberUnited States Job OffersThe number of job openings in the United States was little changed at 5.5 million in December 2016, way below market expectations of 5.57 million. The number of positions waiting to be filled showed no growth for total private and decreased for government (-75,000), mainly in state and local government, excluding education (-85,000). Among regions, job openings fell mainly in the South, but rose slightly in the Northeast, the Midwest and the West.2017-02-07T15:07:56.393"
Dow And Nasdaq Hit Record High,Stock Market,Dow And Nasdaq Hit Record High United States Stock MarketWall Street opened higher on Tuesday with the Dow and the Nasdaq hitting fresh highs as the earnings season continues: GM earnings and profit beat expectations while Michael Kors earnings beat forecasts but revenues were lower than expected. The Dow Jones went up 86 points or 0.4% to a new high of 20139.25; the Nasdaq gained 15 points or 0.3% to a new high of 5678.53 and the S&P 500 added 6 points or 0.3% around 15 minutes after the opening bell.2017-02-07T14:58:47
US Imports Highest Since March 2015,Imports,"US Imports Highest Since March 2015United States ImportsTotal imports to the United States went up 1.5 percent month-over-month to USD 235 billion in December of 2016, reaching the highest since March of 2015. It follows a 1.2 percent rise in both November and October. Imports of goods increased 1.9 percent to USD 192.6 billion: automotive vehicles, parts, and engines increased USD 1.6 billion; passenger cars USD 1.4 billion; industrial supplies and materials USD 1.1 billion; natural gas USD 0.4 billion; fertilizers, pesticides, and insecticides USD 0.4 billion and  capital goods USD 1.0 billion. Imports of services were nearly unchanged at USD 42.3 billion. Imports from Brazil jumped 12 percent and from Japan increased 7.6 percent. In contrast, purchases fell from China (-7.6 percent), Canada (-4.4 percent), Mexico (-7.4 percent), the EU (-1.2 percent) and OPEC (-4.3 percent). Considering full 2016, imports declined 1.8 percent. 2017-02-07T14:17:51"
US Exports At 1-1/2-Year High In December,Exports,"US Exports At 1-1/2-Year High In DecemberUnited States ExportsTotal exports from the United States jumped 2.7 percent month-over-month to USD 190.7 billion in December of 2016. It is the highest value since April of 2015 and follows a 0.2 percent fall in November and a 1.8 percent drop in October. Exports of goods increased 3.9 percent to USD 126.9 billion, mainly boosted by capital goods (USD 3.3 billion); civilian aircraft (USD 1.0 billion); engines for civilian aircraft (USD 1.0 billion); industrial supplies and materials (USD 0.7 billion); natural gas (USD 0.2 billion) and fuel oil (USD $0.2 billion). Exports of services increased 0.4 percent to USD 63.8 billion. Sales jumped to the European Union (10.1 percent), Japan (4.2 percent) and to OPEC (26.5 percent) but fell to China (-4.1 percent), Canada (-2.8 percent), Mexico (-2.5 percent) and Brazil (-14 percent). Considering full 2016, exports decreased 2.3 percent.2017-02-07T14:15:41"
US Trade Deficit Narrows in December,Balance of Trade,"US Trade Deficit Narrows in DecemberUnited States Balance of TradeThe goods and services deficit in the United States narrowed to USD 44.3 billion in December of 2016 from an upwardly revised USD 45.7 billion gap a month earlier and lower than market expectations of a USD 45 billion shortfall. Exports reached the highest in 1-1/2-years with shipments of advanced technology goods hitting a record high. Considering full 2016, the trade deficit widened 0.4 percent to a four-year high of USD 502.3 billion.2017-02-07T13:39:10"
Dollar Strengthens On Rate Hike Comments,Currency,"Dollar Strengthens On Rate Hike Comments United States CurrencyThe US dollar extended gains on Tuesday after Fed official Harker said on Monday that a rate hike in March should be considered. The dollar index gained 0.7% to 100.62, the highest since January 27th and on track for the biggest daily gain in one month. 2017-02-07T10:39:47.917"
Wall Street Close Higher After Jobs Report,Stock Market,"Wall Street Close Higher After Jobs ReportUnited States Stock MarketUS stocks closed in the green on Friday after the jobs report for January showed the economy added 227,000 payrolls, well above market expectations, and on the news that president Donald Trump signed an executive order to scale back the 2010 Dodd-Frank Act to ease regulation on Wall Street. The Dow Jones added 187 points or 0.9%, the best trading day of the year; the S&P 500 gained 17 points or 0.7% and the Nasdaq increased 31 points or 0.5% to a record high of 5666.7. On a week, the  Dow Jones lost 0.1%, the S&P 500 added 0.1% and the Nasdaq rose 0.1%.2017-02-03T21:20:30"
US Composite PMI At 14-Month High: Markit,Composite Pmi,"US Composite PMI At 14-Month High: MarkitUnited States Composite PmiThe final Markit US Composite PMI increased to 55.8 in January of 2017 from a preliminary of 55.4 and 54.1 in December. It is the highest reading since November of 2015, as both manufacturing (55 from 54.3) and services (55.6 from 53.9) rose faster.2017-02-03T15:13:26"
US Factory Orders Rise More Than Expected,Factory Orders,"US Factory Orders Rise More Than Expected United States Factory OrdersNew orders for manufactured goods in the United States increased by 1.3 percent month-over-month in December 2016 after a downwardly revised 2.3 percent decline in November and better than market expectations of 1 percent gain. Orders for computers and electronic products surged 2.6 percent (from +1 percent in November) and those for machinery rose 0.7 percent (from +2.5 percent). By contrast, bookings for transportation equipment dropped 2.5 percent (from -14.7 percent in November) and those for electrical equipment, appliances and components fell 0.6 percent (from +1.4 percent). Non-defense capital goods excluding aircraft orders, seen as a proxy for business spending plans, rose 0.7 percent. Considering 2016 full year, factory orders dropped 1.4 percent, following a 6.3 percent fall in 2015.2017-02-03T15:06:20"
US Services Sector Growth Eases In January: ISM,Non Manufacturing PMI,US Services Sector Growth Eases In January: ISM United States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index edged down to 56.5 in January of 2017 from a downwardly revised 56.6 in December and below market expectations of 57. Business activity and new orders eased and price pressures intensified while payrolls rose faster. Comments from non-manufacturers were mixed indicating both optimism and a degree of uncertainty in the business outlook as a result of the change in government administration.2017-02-03T15:06:18
US Services PMI Revised Up In January: Markit,Services PMI,"US Services PMI Revised Up In January: MarkitUnited States Services PMIThe final Markit US Services PMI increased to 55.6 in January of 2017 from a preliminary of 55.1 and 53.9 in December. It is the highest reading since November of 2015, driven by an increase in incoming new work, higher levels of activity and backlogs of work while payrolls eased slightly. In addition, greater willingness to spend among clients and signs of an upturn in domestic economic conditions contributed to a stronger business optimism, the highest since May of 2015.2017-02-03T14:56:24.11"
US Stocks Trade Higher After Jobs Report,Stock Market,"US Stocks Trade Higher After Jobs ReportUnited States Stock MarketWall Street opened in the green on Friday after the jobs report for January showed the economy added 227,000 payrolls, beating expectations of 175,000. The Dow Jones added 102 points or 0.5%, the S&P 500 gained 10 points or 0.4% and the Nasdaq traded 19 points or 0.3% higher around 10 minutes after the opening bell.2017-02-03T14:47:16.747"
US Unemployment Rate Rises To 4.8% In January,Unemployment Rate,US Unemployment Rate Rises To 4.8% In JanuaryUnited States Unemployment RateUS unemployment rate rose to 4.8 percent in January 2017 from 4.7 percent in the previous month and above market expectations of 4.7 percent. The number of unemployed persons was almost unchanged at 7.6 million while the labor force participation rate increased by 0.2 percentage point to 62.9 percent.2017-02-03T13:32:09.177
US  Economy Adds 227K Jobs in January,Non Farm Payrolls,"US  Economy Adds 227K Jobs in JanuaryUnited States Non Farm PayrollsNon Farm Payrolls in the United States increased by 227 thousand in January of 2017, higher than upwardly revised 157 thousand in December and above market expectation of 175 thousand. 2017-02-03T13:31:37.99"
US Stocks Finish Mostly Flat on Thursday,Stock Market,US Stocks Finish Mostly Flat on ThursdayUnited States Stock MarketWall Street closed mostly flat on Thursday amid ongoing concerns over Trump's trade policies and external relations while investors awaited jobs report due tomorrow. The Dow Jones and the S&P 500 closed near the flatline while the Nasdaq lost 6 points or 0.1%.2017-02-02T21:14:03.72
ISM New York Index Slips In January,Ism New York Index,"ISM New York Index Slips In JanuaryUnited States Ism New York IndexThe ISM NY Current Business Conditions Index fell to 57.7 in January of 2017 from 63.8 in December, mainly due to a decline in purchases (46.9 from 58 in December). In contrast, employment recovered (54.8 from 42), prices paid eased (54.7 from 57.5), current revenues were steady (55) and expected ones increased (69 from 67.5). The six-month outlook also went down to 66.2 from 74.2.2017-02-02T14:55:37.253"
US Stocks Fall on Thursday,Stock Market,"US Stocks Fall on ThursdayUnited States Stock MarketWall Street opened in the red on Thursday amid a weaker dollar and rising concerns over Trump's trade policies and external relations after the President put Iran 'on notice' over new sanctions and following earlier tensions with Mexico and Australia. The Dow Jones declined 43 points or 0.2%, the S&P 500 went down 7 points or 0.3% and the Nasdaq lost 23 points or 0.4% around 8 minutes after the opening bell.2017-02-02T14:47:41.773"
US Nonfarm Labor Productivity Rises 1.3% in Q4,Productivity,"US Nonfarm Labor Productivity Rises 1.3% in Q4United States ProductivityNonfarm business sector labor productivity in the United States increased at a seasonally adjusted annual rate of 1.3 percent during the fourth quarter of 2016, following an upwardly revised 3.5 percent rise in the previous period and above market expectations of 1 percent, according to preliminary estimates. Output per worker increased 2.2 percent and hours worked rose 0.9 percent. Year-on-year, productivity went up 1 percent. In 2016, productivity advanced 0.2 percent. 2017-02-02T13:46:03"
US Jobless Claims Fall to 246K,Initial Jobless Claims,"US Jobless Claims Fall to 246KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 14 thousand to 246 thousand in the week ended January 28th 2017, below market expectations of 250 thousand. Claims have been below 300,000, the level associated with a healthy labor market, for 100 straight weeks. That’s the longest streak since 1970.2017-02-02T13:34:13"
US Nonfarm Labour Costs Rise Less Than Expected In Q4,Labour Costs,"US Nonfarm Labour Costs Rise Less Than Expected In Q4United States Labour CostsNonfarm business sector unit labor costs in the United States increased by an annualized 1.7 percent on quarter in the fourth quarter of 2016, following a downwardly revised 0.2 percent growth in the previous period but missing market expectations of 1.9 percent gain. Hourly compensation went up by 3 percent and productivity advanced by 1.3 percent, the preliminary estimate showed. Considering full year of 2016, unit labor costs rose by 2.6 percent, the largest increase since 2007.2017-02-02T13:33:17"
US Corporate Layoffs At 9-Month High: Challenger,Challenger Job Cuts,"US Corporate Layoffs At 9-Month High: ChallengerUnited States Challenger Job CutsThe pace of downsizing increased in January of 2017 as U.S.-based employers announced plans to shed 45,934 workers from payrolls, up 37 percent from December and the highest in nine months. The top four job cuts announced during the month occurred in the retail sector, with Macy’s leading the pack by reporting plans to close 68 stores and decrease its headcount by 10,000 workers. In all, retailers announced 22,491 planned layoffs in January, accounting for 49 percent of all job cuts recorded during the month. Meanwhile, the energy sector, which announced 20,103 job cuts in January 2016, reported just 1,853 planned layoffs to kick off 2017. Year-on-year, planned job cuts fell 39 percent. 2017-02-02T12:40:33.48"
Dollar Falls To 11-Week Low,currency,"Dollar Falls To 11-Week LowUnited States currencyThe US dollar fell to 99.3 against a currency basket on Thursday, the lowest since November 11th, after the Federal Reserve left interest rates unchanged and amid rising concerns about president Trump’s protectionist stance.2017-02-02T08:31:28"
Most US Stocks Rise After Fed,Stock Market,"Most US Stocks Rise After FedUnited States Stock MarketWall Street closed mostly in the green on Wednesday after the Federal Reserve left rates unchanged as expected and data for ADP payrolls and ISM manufacturing PMI came above forecasts. On the earnings front, upbeat reports for companies including ADP, Johnson Controls, Altria and Apple that reported after the close in the previous day lifted investors' mood. The Dow Jones gained 27 points or 0.1% and the Nasdaq increased 28 points or 0.5% while the S&P 500 finished nearly flat.2017-02-01T21:28:53"
Fed Leaves Rates On Hold,Interest Rate,"Fed Leaves Rates On HoldUnited States Interest RateThe Federal Reserve kept the target range for its federal funds steady at 0.5 percent to 0.75 percent during its February 2017 meeting, in line with market expectations and following a 25bps hike in December. Policymakers noted the improvement in business and consumer confidence and the rise in consumer prices and said near-term risks to the economic outlook appear roughly balanced.2017-02-01T19:00:47"
US Crude Oil Inventories Rise Much More Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Much More Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 6.466 million barrels in the week ended January 27th, 2017, following a 2.84 million increase in the previous week and compared to market expectations of a 3.289 million rise. It is the biggest jump in 13 weeks. Meanwhile, gasoline stocks increased by 3.866 million, compared to expectations of a 0.982 million rise.
2017-02-01T15:42:49"
US Construction Spending Drops 0.2%,Construction Spending,"US Construction Spending Drops 0.2%United States Construction SpendingConstruction spending in US unexpectedly fell 0.2 percent to $1.18 trillion in December of 2016. The figure came below market expectations of 0.2 percent rise as public construction dropped 1.7 percent, the most since July. In contrast, spending on private construction projects rose 0.2 percent, reaching its highest level since July 2006 boosted by 0.5 percent increase in spending on residential projects. Investment in private nonresidential structures was unchanged after going up 0.8 percent in November. In 2016, construction spending increased 4.5 percent after surging 10.6 percent in 2015. 2017-02-01T15:11:58"
US Factory Activity Growth At Over 2-Year High: ISM,Business Confidence,"US Factory Activity Growth At Over 2-Year High: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI rose to 56 in January of 2017 from a downwardly revised 54.5 in December and well above market expectations of 55. It is the highest reading since November of 2014 as new orders, production and employment increased and business conditions are seen generally positive.2017-02-01T15:08:03"
US Markit Manufacturing PMI At Near 2-Year High,Manufacturing PMI,"US Markit Manufacturing PMI At Near 2-Year HighUnited States Manufacturing PMIThe final Markit US Manufacturing PMI fell slightly to 55 in January of 2017 from a preliminary of 55.1 but was above 54.3 in the previous month. It is the highest reading since March of 2015 amid robust output and new order growth. Confidence regarding the year-ahead business outlook was the strongest since March 2016.
2017-02-01T14:54:21"
US Stocks Rise Ahead Of Fed,Stock Market,"US Stocks Rise Ahead Of FedUnited States Stock MarketWall Street opened in the green on Wednesday amid better-than-expected earnings reports for companies including ADP, Johnson Controls, Altria and Apple that reported after the close in the previous day. In addition, investors await Fed's monetary policy decision later in the day where no changes to current policy stance are anticipated. The Dow Jones added 98 points or 0.5%, the S&P 500 gained 9 points or 0.4% and the Nasdaq traded 44 points or 0.8% higher around 10 minutes after the opening bell.2017-02-01T14:48:18.433"
US Private Sector Adds Most Jobs In 7 Months: ADP,ADP Employment Change,"US Private Sector Adds Most Jobs In 7 Months: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 246 thousand workers in January of 2017 compared to a downwardly revised 151 thousand in December and well above market expectations of 165 thousand. It is the biggest job gain in seven months. The service-providing sector added 201 thousand jobs, boosted by professional and business (71 thousand); trade, transportation and utilities (63 thousand); education and health (47 thousand); leisure and hospitality (17 thousand) and other services (9 thousand) while information lost 6 thousand jobs. Meanwhile, the goods-producing sector added 46 thousand jobs: construction (25 thousand); manufacturing (15 thousand) and natural resources and mining (6 thousand). Midsized companies were the ones hiring more (102 thousand), followed by large (83 thousand) and small (62 thousand). 
2017-02-01T13:23:19"
US Mortgage Applications Fall For 1st Time In 6 Weeks,Mortgage Applications,"US Mortgage Applications Fall For 1st Time In 6 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States shrank 3.2 percent in the week ended January 27h 2017, following  a 4 percent increase in the previous period, data from the Mortgage Bankers Association showed. It is the first fall in six weeks as applications to purchase a home dropped 5.6 percent and refinance applications went down 1.4 percent. Average fixed 30-year mortgage rates increased by 4bps to 4.39 percent.2017-02-01T12:09:16.083"
"US Stocks Close Lower, But Post Monthly Gains",Stock Market,"US Stocks Close Lower, But Post Monthly GainsUnited States Stock MarketUS stocks finished mostly in the red on Tuesday amid rising concerns over the Trump administration’s policies while disappointing earnings and weak consumer confidence data weighed on sentiment. The Dow Jones fell 107 points, or 0.5%, to finish at 19,864, but gained 0.5% on the month; the S&P 500 closed down 2 points, or 0.1%, at 2,279, for a monthly gain of 1.8%; and the Nasdaq was nearly unchanged at 5,615, for a monthly gain of 4.3%.2017-01-31T21:20:28"
US Chicago Business Barometer Falls To 8-Month Low,Chicago Pmi,"US Chicago Business Barometer Falls To 8-Month LowUnited States Chicago PmiThe MNI Chicago Business Barometer fell 3.6 points to 50.3 in January 2017 from a downwardly revised 53.9 in the previous month, missing market expectations of 55. It was the lowest figure since May last year, as new orders slipped into contraction territory to the lowest level since December 2015. Also, employment fell and output growth eased. Meanwhile, prices paid rose at fastest pace since September 2014.2017-01-31T15:04:41"
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on TuesdayUnited States Stock MarketWall Street opened in the red for the second day on Tuesday amid mixed earnings reports for Pfizer, Exxon Mobil, Under Armour and Xerox while worries over Trumps' immigration policies persist. The Dow Jones went down 67 points or 0.3%, the S&P 500 fell 5 points or 0.2% and the Nasdaq lost 17 points or 0.3% around 6 minutes after the opening bell. 2017-01-31T14:44:28.927"
Dollar Falls To Lowest Level In Over A Month,currency,Dollar Falls To Lowest Level In Over A MonthUnited States currencyThe US dollar fell to an eight-week low of 99.8 against a currency basket on Tuesday amid rising concerns over Donald Trump's tightening of US immigration rules.2017-01-31T14:28:49
US Home Prices Rise Faster Than Expected: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Prices Rise Faster Than Expected: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller composite index of 20 metropolitan areas in the US rose 5.3 percent year-on-year in November 2016, following a 5.1 percent increase in the previous month and beating market consensus of a 5.1 percent gain. Prices in Seattle rose the most (+10.4 percent), followed by Portland (+10.1 percent) and Denver (+8.7 percent). Meanwhile, the national index, covering all nine US census divisions, rose by 5.6 percent from the previous year, up from 5.5 percent last month. On a monthly basis, prices increased by 0.2 percent after edging up by 0.1 percent in October and in line with expectations.2017-01-31T14:09:50.177"
US Employment Costs Rise Less Than Expected In Q4,Employment Cost Index,"US Employment Costs Rise Less Than Expected In Q4United States Employment Cost IndexCompensation costs for civilian workers increased by 0.5 percent quarter-on-quarter for the three-month period ending in December 2016, following a 0.6 percent rise in the previous period and missing market expectations of a 0.6 percent growth. Wages and salaries, which make up about 70 percent of compensation costs, increased by 0.5 percent, the same as in the third quarter; and benefits, which make up the remaining 30 percent of compensation, rose by 0.4 percent after a 0.7 percent advance in the previous period. Year-on-year, compensation costs for civilian workers increased by 2.2 percent.2017-01-31T13:38:52.35"
US Stocks Fall After Immigration Ban,Stock Market,"US Stocks Fall After Immigration BanUnited States Stock MarketWall Street closed lower on Monday amid rising concerns over Trump's policies after the President signed an executive order temporarily banning immigration from Iraq, Syria, Iran, Sudan, Libya, Somalia and Yemen, leading to protests and confusions at the airports. The Dow Jones fell 123 points or 0.6%, the S&P 500 went down 14 points or 0.6% and the Nasdaq lost 47 points or 0.8%, the worst result of this year.2017-01-30T21:21:08.53"
Dallas Fed Manufacturing Index At Nearly 7-Year High,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index At Nearly 7-Year HighUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas jumped to 22.1 in January of 2017 from an upwardly revised 17.7 in December. It is the highest reading since April of 2010 due to a rebound in employment (6.1 from -3.4), higher shipments (15.8 from 5.8) and new orders (15.7 from 10.1). 2017-01-30T15:41:05"
US Pending Home Sales Rise More Than Expected,Pending Home Sales,"US Pending Home Sales Rise More Than ExpectedUnited States Pending Home SalesContracts to buy previously owned US homes went up 0.3 percent year-on-year in December of 2016, following a 0.4 percent drop in November. Compared to the previous month, sales increased 1.6 percent after slumping by 2.5 percent in November and beating market expectations of 1.1 percent. Across main four regions, contracts rose in the West (5 percent) and South (2.4 percent) but fell in the Northeast (-1.6 percent) and the Midwest (-0.8 percent).2017-01-30T15:10:28.367"
US Stocks Fall After Immigration Ban,Stock Market,"US Stocks Fall After Immigration BanUnited States Stock MarketWall Street opened lower on Monday amid rising concerns over Trump's policies after the President signed an executive order temporarily banning immigration from Iraq, Syria, Iran, Sudan, Libya, Somalia and Yemen, leading to protests and confusions at the airports. The Dow Jones fell 103 points or 0.5%, the S&P 500 went down 13 points or 0.6% and the Nasdaq lost 39 points or 0.7% around 5 minutes after the opening bell. 2017-01-30T14:45:20"
US PCE Price Index Rises 0.2% MoM In December,PCE Price Index Monthly Change,"US PCE Price Index Rises 0.2% MoM In December United States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States increased 0.2 percent in December from November 2016, following an upwardly revised 0.1 percent rise in the previous period. Cost of services increased 0.2 percent (at the same pace as in November) and prices of goods edged up 0.1 percent (-0.2 percent in November). Compared to the same month a year earlier, the PCE price index went up 1.6 percent, following 1.4 percent in the previous month. Excluding food and energy, prices increased 0.1 percent, in line with market expectations. Year-on-year, core price index rose 1.7 percent. 2017-01-30T13:40:45.283"
US Personal Income Rises Less Than Expected,Personal Income,"US Personal Income Rises Less Than ExpectedUnited States Personal IncomePersonal income in the United States rose by 0.3 percent month-over-month in December 2016, following an upwardly revised 0.1 percent increase in November and missing market expectations of a 0.4 percent gain. The 0.3 percent gain primarily reflected rise in wages and salaries (+0.4 percent from -0.1 percent in November), personal current transfer receipts (+0.3 percent from -0.2 percent), and rental income of persons (+1 percent from +0.9 percent). Personal income rose by 3.5 percent in 2016, compared with an increase of 4.4 percent in 2015.2017-01-30T13:38:44"
US Consumer Spending Rises 0.5%,Personal Spending,"US Consumer Spending Rises 0.5%United States Personal SpendingPersonal spending in the United States went up 0.5 percent in December from November of 2016, following a 0.2 percent gain in the previous period. Figures came in line with market expectations, boosted by spending on durables, namely cars and services. Considering full 2016, personal consumption increased 3.8 percent after rising 3.5 percent in 2015.2017-01-30T13:34:49"
"US Stocks Close Mixed, Gain On The Week",Stock Market,"US Stocks Close Mixed, Gain On The WeekUnited States Stock MarketWall Street finished mixed on Friday after GDP growth for the fourth quarter came below expectations while the earnings season continued with reports from Chevron, Honeywell, American Airlines and Colgate-Palmolive. The Dow Jones finished around the flatline and the S&P 500 declined 2 points or 0.1% while the Nasdaq gained 6 points or 0.1%. On the week, the Dow Jones added 1.3%, the S&P 500 gained 1% and the Nasdaq went up 1.9%. 2017-01-27T21:19:08.433"
US Consumer Sentiment Revised Up To 13-Year High,Consumer Confidence,"US Consumer Sentiment Revised Up To 13-Year HighUnited States Consumer ConfidenceThe final reading of the University of Michigan's consumer sentiment for the United States rose to 98.5 in January of 2017 compared to a preliminary figure of 98.1 and 98.2 in December. It is the highest reading since January of 2004, due to a more optimistic outlook for the economy and job growth during the year ahead as well as more favorable economic prospects over the next five years.2017-01-27T15:07:13"
US Stocks Trade Mainly Flat After GDP,Stock Market,"US Stocks Trade Mainly Flat After GDPUnited States Stock MarketWall Street opened around the flatline on Friday after data showed the economy expanded less than expected last quarter and mixed earnings reports for companies including Chevron, Honeywell, American Airlines and Colgate-Palmolive. The Dow Jones, the S&P 500 and the Nasdaq traded nearly flat around 5 minutes after the opening bell. 2017-01-27T14:44:48.643"
US Durable Goods Orders Fall For 2nd Straight Month,Durable Goods Orders,"US Durable Goods Orders Fall For 2nd Straight MonthUnited States Durable Goods OrdersNew orders for US manufactured durable goods decreased by 0.4 percent month-over-month in December 2016, following an upwardly revised 4.8 percent drop in November.  The number came worse than market expectations of a 2.6 percent rise as orders for transport equipment dropped 2.2 percent and defense capital goods fell 33.4 percent. Meanwhile, non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, increased by 0.8 percent after a 1.5 percent gain in November. 2017-01-27T13:35:12"
US GDP Growth Slows To 1.9% In Q4,GDP Growth Rate,"US GDP Growth Slows To 1.9% In Q4United States GDP Growth RateThe US economy advanced an annualized 1.9 percent on quarter in the three months to December of 2016, lower than a 3.5 percent expansion in the previous period and below market expectations of 2.2 percent, advance estimates showed. The deceleration in real GDP in the fourth quarter reflected a downturn in exports, an acceleration in imports, a deceleration in PCE, and a downturn in federal government spending that were partly offset by an upturn in residential fixed investment, an acceleration in private inventory investment, an upturn in state and local government spending, and an acceleration in nonresidential fixed investment.2017-01-27T13:34:15"
"US Stocks Close Mixed, Dow At New High",Stock Market,"US Stocks Close Mixed, Dow At New HighUnited States Stock MarketWall Street finished mixed on Thursday after breaking intraday highs amid several earnings reports for companies including Ford, Caterpillar and Comcast. The Dow Jones gained 32 points or 0.2% to close at a new high of 20,100.91. In contrast, the S&P 500 went down 2 points or 0.1% and the Nasdaq finished nearly flat.2017-01-26T21:31:45.22"
US New Home Sales Down To 10-Month Low,New Home Sales,"US New Home Sales Down To 10-Month LowUnited States New Home SalesSales of new single-family houses in the United States shrank 10.4 percent to a seasonally adjusted annual rate of 536,000 in December of 2016, much worse than market expectations of a 1 percent drop. It is the lowest figure since February. Considering full 2016, new home sales went up 12.2 percent to 563,000 the highest since 2007.
2017-01-26T15:08:31"
US Private Sector Expands Faster In January: Markit,Composite Pmi,US Private Sector Expands Faster In January: MarkitUnited States Composite PmiThe Flash Markit Composite PMI in the United States increased to 55.4 in January of 2017 from 54.1 in December. It is the highest reading since November of 2015 as both manufacturing (55.1 from 54.3) and services (55.1 from 53.9) rose at a faster pace. 2017-01-26T14:59:36.307
US Services Sector Growth at 14-Month High: Markit,Services PMI,"US Services Sector Growth at 14-Month High: MarkitUnited States Services PMIThe Flash Markit Services PMI in the United States rose to 55.1 in January of 2017 from 53.9 in December, beating market expectations of 54.4. It is the highest reading since November of 2015, due to a robust expansion of business activity and an increase in incoming new work. Employment continued to rise although moderated from December’s 15-month peak and average costs went up. In addition, companies reported the strongest business outlook for just under two years. 2017-01-26T14:55:58.773"
US Stocks Open At Fresh High,stock market,"US Stocks Open At Fresh HighUnited States stock marketWall Street opened flat to higher on Thursday with the three major indexes again breaking record highs as earnings beat for Caterpillar and Comcast while President Trump’s renewed pledge to undertake massive infrastructure investment continues to boost investors' sentiment. The Dow Jones went up 11 points or less than 0.1%, the S&P 500 rose 1 point or less than 0.1% and the Nasdaq gained 12 points or 0.2% around 4 minutes after the opening bell. 
2017-01-26T14:32:38"
Chicago Fed National Activity Index At 11-Month High,Chicago Fed National Activity Index,"Chicago Fed National Activity Index At 11-Month HighUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States rose to 0.14 in December 2016 from a downwardly revised -0.33 in November. It is the highest reading since January as the contribution from production-related indicators jumped to 0.20 from –0.30; the sales, orders, and inventories category made a contribution of 0.02, up from –0.01 and the contribution of the personal consumption and housing category also increased to –0.06 from –0.10. In contrast, employment-related indicators contributed –0.01, down from 0.08.2017-01-26T13:37:16.063"
US Jobless Claims Rise To 4-Week High,Initial Jobless Claims,"US Jobless Claims Rise To 4-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 22 thousand to 259 thousand in the week ended January 21st, 2017, its highest level in one month and above market expectations of 247 thousand. Still, the four-week moving average, which removes week-to-week volatility, fell by 2 thousand to 245.5 thousand last week, the lowest level since November 1973.2017-01-26T13:34:55"
US 10Y Bond Yield Hits 4-week High,bond,US 10Y Bond Yield Hits 4-week Highunited states bondUnited States 10 Year Government Bond Yield increased to a 4-week high of 2.5396%2017-01-26T09:31:43.727
Dollar Index Hits 10-week Low,currency,Dollar Index Hits 10-week LowUnited States currencyUS Dollar decreased to a 10-week low of 99.82017-01-26T00:22:54.497
"Dow Closes Above 20,000 For 1st Time",Stock Market,"Dow Closes Above 20,000 For 1st TimeUnited States Stock MarketWall Street closed sharply higher on Wednesday with the three major indexes breaking record highs and the Dow closing above the 20,000 milestone for the first time ever. Industrials and financials led gains, boosted by President Trump’s renewed pledge to undertake massive infrastructure investment. The Dow Jones rose 156 points or 0.8% to close at 20,068.51; the S&P 500 went up 18 points or 0.8% to close at 2,298.37 and the Nasdaq gained 55 points or 1% to close at 5,656.34.2017-01-25T21:22:27"
US Crude Oil Inventories Rise For 3rd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise For 3rd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 2.84 million barrels in the week ended January 20th, 2017, following a 2.347 million increase in the previous week and compared with market expectations of a 2.815 million rise. Meanwhile, gasoline stocks jumped by 6.796 million, compared to expectations of a 0.498 million increase.
2017-01-25T15:33:34.663"
US Stocks At Record High,Stock Market,"US Stocks At Record HighUnited States Stock MarketWall Street opened sharply higher on Wednesday as recent executive orders from President Trump to revive 2 oil pipelines boosted investors sentiment. The Dow Jones rose 104 points or 0.5%, breaking the 20,000 mark, the S&P 500 went up 10 points or 0.5% and the Nasdaq gained 36 points or 0.7% around 8 minutes after the opening bell. 2017-01-25T14:43:40"
Stocks in United States Hit All-time High,stock market,Stocks in United States Hit All-time HighUnited States stock marketDow Jones increased to an all-time high of 200242017-01-25T14:35:58.517
FHFA House Prices Rise More Than Expected,FHFA House Price Index MoM,"FHFA House Prices Rise More Than ExpectedUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.5 percent month-over-month in November of 2016, following a downwardly revised 0.3 percent increase in October and higher than market expectations of 0.4 percent. Year-on-year, the FHFA house price index went up 6.1 percent compared to a 6.2 percent increase the previous month. 2017-01-25T14:13:16.15"
US Mortgage Applications Rise For 5th Week,Mortgage Applications,"US Mortgage Applications Rise For 5th WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 4 percent in the week ended January 20th 2017, following  a 0.8 percent increase in the previous period, data from the Mortgage Bankers Association showed. Refinance applications edged up 0.2 percent and applications to purchase a home jumped 6 percent. Average fixed 30-year mortgage rates increased by 8bps to 4.35 percent.2017-01-25T12:08:31.107"
"US Stocks Rise, Nasdaq and S&P At Fresh High",Stock Market,"US Stocks Rise, Nasdaq and S&P At Fresh HighUnited States Stock MarketWall Street closed sharply higher on Tuesday, led by materials and financials shares amid a rise in copper prices and after President Trump revived two oil-pipeline projects. The Dow Jones rose 113 points or 0.6%, the S&P 500 went up 15 points or 0.7% to close at a record high of 2280.07 and the Nasdaq gained 48 points or 0.9% to close at a new high of 5600.96.2017-01-24T21:43:03.907"
US Stocks Rebound On Tuesday,Stock Market,"US Stocks Rebound On Tuesday United States Stock MarketWall Street recovered on Tuesday afternoon with the Nasdaq and the S&P 500 reaching record highs amid mixed earnings reports for Alibaba, 3M, Verizon, DuPont and J&J. In addition, materials led gains as copper prices jumped after news that a mine in Chile is potentially going on strike. The Dow Jones added 131 points or 0.7%, the S&P 500 went up 15 points or 0.7% and the Nasdaq gained 40 points or 0.7% around 1:40 PM NY time. 2017-01-24T18:53:20"
US Existing Home Sales Fall 2.8% In December,Existing Home Sales,"US Existing Home Sales Fall 2.8% In DecemberUnited States Existing Home SalesSales of previously owned houses in the United States slumped 2.8 percent month-over-month to a seasonally adjusted annual rate of 5490 thousand in December of 2016, below market expectations of 5520 thousand. Sales of condos shrank 10.3 percent to 610 thousand and those of single family homes fell 1.8 percent to 4880 thousand. The average price declined 0.9 percent, the months’ worth of supply went down to 3.6 from 3.9 and the supply of houses on the market decreased to 1.65 million, the lowest since 1999. The November figure was revised up to 5650 thousand from 5610 thousand. Considering full 2016, sales increased to 5450K, the highest since 2016, from 5250K in 2015.2017-01-24T15:09:35"
US Richmond Fed Manuf Index Rises To 10-Month High,Richmond Fed Manufacturing Index,"US Richmond Fed Manuf Index Rises To 10-Month HighUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia went up to 12 in January 2017 from 8 in the previous month, beating market expectations of 7. It was the highest reading since March last year, mainly due to continued growth in new shipments and the volume of new orders. Also, employment picked up while average manufacturing wages grew at a slower pace. Manufacturers were optimistic about their business prospects for the next six months.2017-01-24T15:07:55"
US Factory Activity Growth At Near 2-Year High: Markit,Manufacturing PMI,"US Factory Activity Growth At Near 2-Year High: MarkitUnited States Manufacturing PMIThe Flash Markit Manufacturing PMI in the United States increased to 55.1 in January of 2017 from 54.3 in the previous month, beating market expectations of 54.5. It is the highest reading since March of 2015 as new work boosted output and purchasing activity while growth in new export work remained muted and employment eased. 2017-01-24T14:51:11"
US Stocks Trade Mainly Higher,Stock Market,"US Stocks Trade Mainly HigherUnited States Stock MarketWall Street opened slightly in the green on Tuesday amid mixed earnings reports for Alibaba, 3M, Verizon, DuPont and J&J. The Dow Jones added 16 points or less than 0.1%, the S&P 500 rose 4 points or 0.2% and the Nasdaq gained 19 points or 0.3% around 9 minutes after the opening bell.2017-01-24T14:44:14"
US Stocks Fall On Monday,Stock Market,US Stocks Fall On MondayUnited States Stock MarketWall Street closed mainly lower on Monday amid uncertainties over Trump’s growth policies after the President struck a protectionist tone. The Dow Jones lost 27 points or 0.1% and the S&P 500 declined 6 points or 0.3% while the Nasdaq finished around the flatline. 2017-01-23T21:28:40
Dollar Weakens Further On Trump Uncertainty,Currency,"Dollar Weakens Further On Trump UncertaintyUnited States CurrencyThe US dollar fell to a seven-week low of 100.2 against a currency basket on Monday, after Donald Trump struck a protectionist tone in his first speech as US president and failed to offer further details on his planned growth policies.2017-01-23T16:58:05"
US Stocks Fall On Monday,Stock Market,"US Stocks Fall On MondayUnited States Stock MarketWall Street opened lower on Monday as investors were cautious regarding Trump's protectionist policies after the President met with few business leaders. The Dow Jones was down 16 points or less than 0.1%, the S&P 500 fell 3 points or 0.1% and the Nasdaq traded near the flatine around 5 minutes after the opening bell. 2017-01-23T14:42:38.067"
Dollar Slips After Trump Inauguration Speech,Currency,Dollar Slips After Trump Inauguration SpeechUnited States CurrencyThe US dollar fell on Monday after Donald Trump struck a protectionist tone in his first speech as US president and failed to offer further details on his planned growth policies. The dollar index tracking the greenback against a basket of peers fell 0.4% to 100.30 around 8:00 AM London time.2017-01-23T08:08:48
US Stocks Close Higher After Trump Inauguration,Stock Market,"US Stocks Close Higher After Trump InaugurationUnited States Stock MarketUS stocks closed slightly higher on Friday after Donald Trump's inauguration speech failed to provide further details on planned growth policies. The Dow Jones gained 92 points, or 0.5%, to finish at 19,824, falling 0.3% for the week; the S&P 500 rose 7 points, or 0.3%, to close at 2,271 for a weekly decline of 0.2%; and the Nasdaq added 15 points, or 0.3%, to close at 5,555, down 0.3% on the week. 2017-01-20T21:24:22.29"
US Stocks Rise On Inauguration Day,Stock Market,"US Stocks Rise On Inauguration DayUnited States Stock MarketWall Street opened higher on Friday ahead of Trump inauguration speech later in the morning. The Dow Jones went up 88 points or 0.4%, the S&P 500 rose 12 points or 0.5% and the Nasdaq gained 34 points or 0.6% around 8 minutes after the opening bell. 

2017-01-20T14:46:09.85"
US Stocks Close Lower Ahead Of Trump Inauguration,Stock Market,"US Stocks Close Lower Ahead Of Trump InaugurationUnited States Stock MarketUS equities closed in the red on Thursday as investors remained cautious ahead of President-elect Donald Trump's inauguration on Friday. The Dow Jones retreated 72 points, or 0.4%, to 19,732, the fifth straight session of decline; the S&P 500 closed down 8 points, or 0.4%, at 2,264; and the Nasdaq fell 16 points, or 0.3%, at 5,540.2017-01-19T21:21:09"
US Crude Oil Inventories Rise For 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise For 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 2.347 million barrels in the week ended January 13th, 2017, following a 4.097 million increase in the previous week and compared with market expectations of a 0.342 million decline. Meanwhile, gasoline stocks rose by 5.951 million, compared to expectations of a 2.023 million increase.
2017-01-19T16:16:42.303"
Most US Stocks Rise On Thursday,Stock Market,"Most US Stocks Rise On ThursdayUnited States Stock MarketWall Street opened flat to higher on Thursday amid a stronger dollar and mixed economic data for jobless claims, building permits and housing starts while investors await the inauguration of President-elect Trump on Friday. The Dow Jones traded nearly flat while the S&P 500 added 2 points or 0.1% and the Nasdaq gained 12 points or 0.2% around 6 minutes after the opening bell. 

2017-01-19T14:43:25.907"
Philadelphia Fed Manufacturing Index At Over 2-Year High,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index At Over 2-Year High United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index rose to 23.6 in January of 2017 from a downwardly revised 19.7 in December of 2016 and beating market expectations of 15.8. It is the highest reading since November 2014. New orders (26 from 14.9 in December), employment (12.8 from 3.6 in December) and inventories (12.2 from 1.3) rose sharply while shipments (20.5 from 21.7) slowed. On the prices front, both prices paid (32.5 from 28.1) and received (26.8 from 8) increased. 
2017-01-19T14:01:42"
US Building Permits Fall Unexpectedly In December,Building Permits,"US Building Permits Fall Unexpectedly In December United States Building PermitsBuilding permits in the United States fell 0.2 percent month-over-month to a seasonally adjusted annualized rate of 1210 thousand in December 2016 from 1212 thousand in November while markets were expecting a 1.1 percent gain to 1225 thousand. Authorization for 5 units or more declined 9 percent to 393 thousand while single-family permits rose 4.7 percent to 817 thousand. Decreases occurred in the South (-2.9 percent), while permits increased in the West (+3.3 percent), the Northeast (+2.7 percent) and the Midwest (+0.5 percent). Year-on-year, building permits increased 0.7 percent.2017-01-19T13:45:20.143"
US Housing Starts Rise More Than Expected,Housing Starts,"US Housing Starts Rise More Than ExpectedUnited States Housing StartsHousing starts in the United States jumped 11.3 percent from the previous month to a seasonally adjusted annualized rate of 1226 thousand in December of 2016, beating market expectations of 1200 thousand. Multi-segment starts rebounded while single-family declined for the second month. Considering full 2016, housing starts rose 4.9 percent to 1166.4 thousand.2017-01-19T13:35:55"
US Jobless Claims Drop To Near 43-Year Low,Initial Jobless Claims,"US Jobless Claims Drop To Near 43-Year LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 15 thousand to 234 thousand in the week ended January 14th, 2017, from the previous week's revised level of 249 thousand. The figure came in below market expectations of 254 thousand and was close to the 233 thousand touched in mid-November, which was the lowest since November 1973. Also, the 4-week moving average, which removes week-to-week volatility, fell to 246.75 thousand, its lowest level  since November 3rd, 1973.2017-01-19T13:34:57"
"Most US Stocks Gain, Dow Closes At 2017 Low",Stock Market,"Most US Stocks Gain, Dow Closes At 2017 LowUnited States Stock MarketUS stocks closed mostly higher on Wednesday mainly driven by gains in financials, after Fed Yellen said that she expects the central bank to raise interest rates a few times a year until 2019. The S&P 500 gained 4 points, or 0.2%, to 2,271; and the Nasdaq rose 16 points, or 0.3%, to close at 5,555; while the Dow Jones shed 22 points, or 0.1% to end at 19,804, with healthcare, telecom and energy sectors contributing the most losses.2017-01-18T21:31:14"
Foreign Investors Buy $23.7 Billion Of US Assets,Capital Flows,"Foreign Investors Buy $23.7 Billion Of US AssetsUnited States Capital FlowsOverseas investors bought $23.7 billion of US assets in November 2016, including short-dated instruments after buying an upwardly revised $20.6 billion in October. Meanwhile, foreigners bought $12.1 billion of long-term US securities, including government and corporate, after selling a downwardly revised $12.6 billion in the previous month. Foreign investors sold $0.2 billion of US treasuries, after selling $63.5 billion in October.2017-01-18T21:10:13"
Fed Expects Rates To Rise A Few Times A Year Until 2019,Interest Rate,"Fed Expects Rates To Rise A Few Times A Year Until 2019United States Interest RateAs the economy is near maximum employment and inflation is moving toward Fed's goal of 2 percent, it makes sense to gradually reduce the level of monetary policy support, Fed Chair Yellen said at the Commonwealth Club, San Francisco, California. Yellen also said that the Federal Open Market Committee expects to increase the central bank's federal funds rate target a few times a year until 2019, and that waiting too long to begin raising interest rates could risk a ""nasty surprise"".2017-01-18T20:16:06"
US Homebuilder Sentiment Falls In January,Nahb Housing Market Index,US Homebuilder Sentiment Falls In JanuaryUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States fell to 67 in January 2017 from a downwardly revised 69 in December last year and below market expectations of 69. The drop from November's eleven-year high comes amid concerns how rising mortgage rates could affect sales this year. Current single-family home sales decreased 3 points to 72; sales expectations over the next six months went down 2 points to 76; and buyer traffic declined 1 point to 51.2017-01-18T15:10:40
Most US Stocks Fall On Wednesday,Stock Market,"Most US Stocks Fall On WednesdayUnited States Stock MarketWall Street traded mainly lower on Wednesday amid a dollar recovery, better-than-expected inflation and industrial production data and mixed results for banks: earnings for Goldman Sachs beat while revenues for Citigroup disappointed. In addition, investors await Fed Yellen speech later in the afternoon. The Dow Jones declined 68 points or 0.3% and the S&P 500 fell 2 points or 0.1% while the the Nasdaq gained 5 points or 0.1% around 10 minutes after the opening bell. 
2017-01-18T14:48:31.27"
US Industrial Output Rises The Most In Over 2 Years,Industrial Production Mom,"US Industrial Output Rises The Most In Over 2 YearsUnited States Industrial Production MomIndustrial production in the United States grew by 0.8 percent month-over-month in December 2016, following an upwardly revised 0.7 percent fall in November and better than market expectations of a 0.6 percent rise. It was the biggest gain since November 2014, as utility output jumped 6.6 percent, the most since December 1989. Industrial production, however, fell 0.6 percent in the fourth quarter compared with the same period of 2015.2017-01-18T14:18:22"
US Inflation Rate at 2-1/2-Year High Of 2.1%,Inflation Rate,"US Inflation Rate at 2-1/2-Year High Of 2.1%United States Inflation RateConsumer prices in the United States increased 2.1 percent year-on-year in December 2016, following a 1.7 percent rise in November and matching market expectations. The inflation rate accelerated for the fifth consecutive month to the highest since June of 2014, boosted by gasoline and shelter cost.2017-01-18T13:32:50"
US Mortgage Applications Increase 0.8%: MBA,Mortgage Applications,"US Mortgage Applications Increase 0.8%: MBAUnited States Mortgage ApplicationsMortgage applications in the United States rose 0.8 percent in the week ended January 13th 2017, after jumping 5.8 percent in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went up 6.8 percent while applications to purchase a home declined 5.2 percent. Average fixed 30-year mortgage rates went down by 5bps to 4.27 percent, the lowest in six weeks.2017-01-18T12:05:27"
US Stocks Close Lower On Tuesday,Stock Market,"US Stocks Close Lower On TuesdayUnited States Stock MarketUS stocks finished in the red on Tuesday, as uncertainties over Trump's policies weighed on sentiment after the President-elect said the dollar was ""too strong"" and criticized a proposed corporate tax plan from the House of Representatives. The Dow Jones retreated 59 points, or 0.3%; the S&P 500 closed down 7 points, or 0.3%; and the Nasdaq fell 35 points, or 0.6%.2017-01-17T21:12:41.727"
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on TuesdayUnited States Stock MarketWall Street opened in the red on Tuesday amid rising uncertainties over Trump's policies after President-Elect said the dollar is too strong and that the corporate tax plan from the House of Representatives is too complicated. The Dow Jones fell 48 points or 0.2%, the S&P 500 went down 8 points or 0.3% and the Nasdaq traded 28 points or 0.5% lower around 6 minutes after the opening bell.2017-01-17T14:41:50"
NY Empire State Manufacturing Index Falls In January,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index Falls In JanuaryUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index declined to 6.5 in January of 2017 from a downwardly revised 7.6 in December and lower than market expectations of 8.5. New orders (3.1 from 10.4 in December) and shipments (7.3 from 8.6) eased, inventories edged higher for the first time in more than a year (2.5 from -13.9) and employment remained weak (number of employees at -1.7 from -12.2 and average workweek at -4.2 from -7). In contrast, both input prices (36.1 from 22.6) and selling prices (17.6 from 3.5) increased more rapidly. The six-month outlook continued to convey a high degree of optimism about future conditions, with the index for future business conditions matching last month’s nearly five-year high (49.7).2017-01-17T13:45:56"
Dollar Falls After Trump Comments,Currency,"Dollar Falls After Trump CommentsUnited States CurrencyThe dollar index declined on Tuesday to below 101 for the first time since early December after comments from President-Elect Donald Trump suggested the dollar was too strong, making it hard for US companies to compete with Chinese ones.2017-01-17T12:32:05"
"US Stocks Close Mainly Higher, Nasdaq At Record High",Stock Market,"US Stocks Close Mainly Higher, Nasdaq At Record HighUnited States Stock MarketWall Street closed mostly in the green on Friday as the earnings season began with JPMorgan and Bank of America beating while earnings for Wells Fargo came below expectations. In addition, retail sales rose slightly less than expected and consumer sentiment edged down while business inventories beat and producer prices matched forecasts. The Dow Jones finished around the flatline, the S&P 500 went up 4 points or 0.2% and the Nasdaq gained 27 points or 0.5% to close at a new record high of 5574.12 . On the week, the Dow Jones lost 0.4% and the S&P 500 edged down 0.1% while the Nasdaq gained 1%. 2017-01-13T21:09:40"
US Consumer Sentiment Falls Slightly In January,Consumer Confidence,"US Consumer Sentiment Falls Slightly In JanuaryUnited States Consumer ConfidenceThe preliminary reading of the University of Michigan's consumer sentiment for the United States edged down to 98.1 in January of 2017 from a 13-year high of 98.2 in the previous month and lower than market forecasts of 98.5. Future expectations declined and inflationary pressures jumped.  
2017-01-13T15:09:12.797"
US Business Inventories Grew The Most Since June 2015,Business Inventories,"US Business Inventories Grew The Most Since June 2015United States Business InventoriesManufacturers’ and trade inventories in the United States increased by 0.7 percent month-over-month in November 2016 after falling by an upwardly revised 0.1 percent in October, beating market expectations of a 0.5 percent rise. It was the biggest increase since June 2015, as motor vehicle inventories went up 1.9 percent and clothing stocks increased 0.8 percent. Also, inventories of building materials and garden equipment advanced 1.2 percent. Retail inventories excluding autos, which go into the calculation of GDP, grew by 0.5 percent, the biggest gain since September 2015.2017-01-13T15:06:40"
US Stocks Rise On Friday,Stock Market,"US Stocks Rise On FridayUnited States Stock MarketWall Street opened higher on Friday as the earnings season began with JP Morgan and Bank of America beating while earnings for Wells Fargo came below expectations. The Dow Jones added 45 points or 0.2%, the S&P 500 went up 6 points or 0.3% and the Nasdaq gained 23 points or 0.4% around 5 minutes after the opening bell.2017-01-13T14:42:46.38"
US Producer Prices Rise On Higher Energy Cost,Producer Price Inflation MoM,"US Producer Prices Rise On Higher Energy CostUnited States Producer Price Inflation MoMUS producer prices rose by 0.3 percent month-over-month in December 2016, following a 0.4 percent increase in November and in line with market expectations. It was the second straight month of gains, mainly driven by higher cost for energy products (+2.6 percent from -0.3 percent in November). Also, food prices rose further by 0.7 percent (from +0.6 percent in November) while cost for services went up at a slower 0.1 percent (from +0.5 percent). Year-on-year, producer prices rose 1.6 percent, the largest gain since September 2014. Producer prices climbed 1.6 percent in 2016 after falling 1.1 percent in 2015.2017-01-13T13:35:41"
US Retail Sales Rise Less Than Expected,Retail Sales MoM,"US Retail Sales Rise Less Than ExpectedUnited States Retail Sales MoMRetail sales in the United States increased 0.6 percent month-over-month in December of 2016, following an upwardly revised 0.2 percent rise in November and below market expectations of a 0.7 percent gain. Sales of autos and gasoline rebounded. Considering the three months to December, retail sales went up 1.6 percent and for full 2016 sales rose 3.3 percent, higher than 2.3 percent in 2015.2017-01-13T13:31:58"
"US Stocks Lose, Nasdaq Posts 1st Fall In 2017",Stock Market,"US Stocks Lose, Nasdaq Posts 1st Fall In 2017United States Stock MarketWall Street closed in the red on Thursday as investors await earnings reports for major banks on Friday and after President-Elect Trump comments failed to provide details on planned growth policies. The Dow Jones declined 63 points or 0.3%, the S&P 500 fell 5 points or 0.2% and the Nasdaq lost 16 points or 0.3%, ending 5 days of record close.2017-01-12T21:34:03"
US Posts $28 Billion Budget Deficit in December,Government Budget Value,"US Posts $28 Billion Budget Deficit in December United States Government Budget ValueThe US government posted a $28 billion budget deficit in December of 2016, a 94.4 percent increase from a $14.4 billion gap the same month of the previous year and slightly above market expectations of a $25 billion gap. Receipts slumped 8.9 percent to $319 billion and outlays fell 4.7 percent to $347 billion. 2017-01-12T19:06:48.313"
US Stocks Fall On Thursday,Stock Market,"US Stocks Fall On ThursdayUnited States Stock MarketWall Street traded in the red on Thursday, mainly dragged down by financial shares after President-Elect Trump comments failed to provide details on planned growth policies. The Dow Jones was down 105 points or 0.5%, the S&P 500 fell 10 points or 0.5% and the Nasdaq lost 34 points or 0.6% around 1:00 PM NY time. 
2017-01-12T18:07:50"
US Import Prices Rise 0.4% MoM On Petroleum,Import Prices MoM,"US Import Prices Rise 0.4% MoM On PetroleumUnited States Import Prices MoMPrices for US imports increased by 0.4 percent month-over-month in December 2016, following a downwardly revised 0.2 percent fall in November but missing market consensus of a 0.7 percent rise. Imported fuel prices went up 7.9 percent after dropping 3 percent in November; while non-fuel prices fell 0.2 percent after being unchanged the prior month, dragged by a 1.4 percent decline in cost of imported food. Year-on-year, import prices jumped 1.8 percent, the largest gain since March 2012.2017-01-12T13:37:09"
US Export Prices Rise More Than Expected In December,Export Prices MoM,"US Export Prices Rise More Than Expected In December United States Export Prices MoMUS export prices increased 0.3 percent on month in December 2016, after decreasing by 0.1 percent in November and above market expectations of 0.1 percent rise. Prices of non-agricultural exports went up 0.4 percent, following a 0.1 percent drop, led by higher prices for industrial supplies and materials (+2 percent, driven by a 7.7 percent increase in fuel prices). In contrast, agricultural exports' prices dropped 0.3 percent, compared to a 0.6 percent gain in the previous month, driven by vegetables (-8 percent) and fruits (-4.9 percent). Year-on-year, export prices jumped 1.1 percent, the first increase since August 2014 and the largest since February 2013. 2017-01-12T13:36:58.153"
US Jobless Claims Lower Than Expected At 247K,Initial Jobless Claims,"US Jobless Claims Lower Than Expected At 247KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 10 thousand to 247 thousand in the week ended January 7th 2017, below market expectations of 255 thousand. It is the 97th consecutive week of initial claims below 300 thousand, the longest streak since 1970. Yet, the 4-week moving average that removes week-to-week volatility fell by 1.75 thousand to 256.5 thousand.2017-01-12T13:33:19"
Dollar Weakens After Trump Press Conference,Currency,Dollar Weakens After Trump Press ConferenceUnited States CurrencyThe US dollar continued to fall on Thursday as president-elect Donald Trump gave no further details about his proposed fiscal stimulus plans in yesterday’s press conference. The dollar index went down 0.6% to 101.18 around 8:00 AM London time.2017-01-12T08:04:58.93
"US Stocks Rebound, Nasdaq At Record High",Stock Market,"US Stocks Rebound, Nasdaq At Record HighUnited States Stock MarketWall Street recovered on Wednesday, shrugging off falls in the health care sector after President-Elect Trump said there’s little bidding on drugs, suggesting the US government would start negotiating more aggressively drug prices. The Dow Jones added 99 points or 0.5%, the S&P 500 gained 6 points or 0.3% and the Nasdaq rose 12 points or 0.2% to close at a fresh high of 5563.65, 5th straight record close.2017-01-11T21:18:49.573"
Most US Stocks Fall After Trump Conference,Stock Market,"Most US Stocks Fall After Trump ConferenceUnited States Stock MarketWall Street traded mostly in the red on Wednesday, mainly dragged down by the health sector after President-elect Trump said there’s very little bidding on drugs, suggesting the US government would start negotiating more aggressively drug prices. The Dow Jones traded nearly flat, the S&P 500 fell 5 points or 0.2% and the Nasdaq declined 18 points or 0.3% around 11:40 AM NY time.2017-01-11T16:45:29.363"
US Crude Oil Inventories Rise The Most In 8 Weeks,Crude Oil Stocks Change,"US Crude Oil Inventories Rise The Most In 8 WeeksUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 4.097 million barrels in the week ended January 6th, 2017, following a 7.051 million fall in the previous week and compared with market expectations of a 1.162 million rise. It is the biggest increase in eight weeks. Meanwhile, gasoline stocks rose by 5.023 million, compared to expectations of a 1.638 million increase.2017-01-11T15:36:06.627"
US Economic Optimism Hits 10-Year High On Trump,Economic Optimism Index,"US Economic Optimism Hits 10-Year High On TrumpUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index rose to 55.6 in January 2017 from 54.8 in December. It was the highest figure since November 2006, as confidence in the outlook got a jolt from the presidential election and the subsequent stock-market rally. The personal financial outlook index gained 2.5 points to 62.3. The measure of confidence in federal economic policies edged up 0.2 point to 48.5, close to breaking into optimistic territory for the first time since February 2007. Meanwhile, the six-month economic outlook declined 0.3 points to 56, as a result of the Fed's rate hike and some Fed officials' suggestion that three rate hikes, rather than two, might be appropriate for 2017.
2017-01-11T15:14:53.17"
US Stocks Open Mainly Flat,Stock Market,US Stocks Open Mainly FlatUnited States Stock MarketWall Street opened around the flatline on Wednesday ahead of Trump news conference later in the morning. The Dow Jones rose 17 points or less than 0.1% and the S&P 500 and the Nasdaq traded nearly flat around 6 minutes after the opening bell. 2017-01-11T14:41:46
US Mortgage Applications Rise The Most In 5 Months,Mortgage Applications,"US Mortgage Applications Rise The Most In 5 MonthsUnited States Mortgage ApplicationsMortgage applications in the United States rose 5.8 percent in the week ended January 6 2017, after edging up 0.1 percent in the previous period, data from the Mortgage Bankers Association showed. Refinance applications went up 4.4 percent and applications to purchase a home jumped 6.1 percent. Average fixed 30-year mortgage rates declined 7bps to 4.32 percent, the lowest in four weeks.2017-01-11T12:05:15.053"
"US Stocks Close Mixed, Nasdaq At Record High",Stock Market,"US Stocks Close Mixed, Nasdaq At Record High United States Stock MarketWall Street closed mixed on Tuesday as investors await Trump news conference on Wednesday and the beginning of the earnings season later in the week. The Dow Jones lost 32 points or 0.2%, the S&P 500 closed flat while the Nasdaq added 20 points or 0.4% to close at a new high of 5551.82.2017-01-10T21:40:43.107"
US Job Openings Rise Less Than Expected In November,Job Offers,"US Job Openings Rise Less Than Expected In NovemberUnited States Job OffersThe number of job openings in the United States increased by 71 thousand to 5.52 million in November 2016 from a downwardly revised 5.45 million in the previous month, but missing market expectations of 5.56 million. The number of positions waiting to be filled increased for government (+48,000), mainly in state and local government, excluding education (+32,000), and state and local government education (+17,000); and for total private (+21,000). Among regions, job openings rose in the South (+88,000); and in the West (+47,000), but fell in the Midwest (-35,000) and in the Northeast (-29,000).2017-01-10T15:11:07.02"
US Wholesale Inventories Rise The Most In 2 Years,Wholesale Inventories,"US Wholesale Inventories Rise The Most In 2 YearsUnited States Wholesale InventoriesWholesale stocks in the United States rose 1 percent to $595.3 billion in November from October 2016, higher than preliminary estimates of a 0.9 percent increase and recovering from a 0.1 percent fall in the previous month. It is the biggest gain since November of 2014 as both durable (1 percent from 0.1 percent) and non-durable goods (1 percent from -0.4 percent) increased. Inventories of automotive recorded the largest gain (3.2 percent from 1 percent in October), followed by petroleum (2.7 percent from 2.2 percent); computer equipment (2 percent from 0.1 percent) and professional equipment (1.3 percent compared to 0.9 percent). Excluding autos which go into GDP calculation, wholesale inventories increased 0.7 percent. 2017-01-10T15:10:55"
US Stocks Trade Mixed On Tuesday,Stock Market,"US Stocks Trade Mixed On TuesdayUnited States Stock MarketWall Street opened mixed on Tuesday amid a small rise in oil prices while investors were cautious ahead of Trump news conference on Wednesday and the beginning of the earnings season later in the week. The Dow Jones lost 37 points or 0.2%, the S&P 500 traded nearly flat and the Nasdaq gained 9 points or 0.2% around 5 minutes after the opening bell.2017-01-10T14:44:33.563"
US Small Business Confidence At 12-Year High,NFIB Business Optimism Index,US Small Business Confidence At 12-Year HighUnited States NFIB Business Optimism IndexThe NFIB Business Optimism Index in the United States increased to 105.8 in December of 2016 from 98.4 in the previous month and well above market expectations of 99.6. It is the highest figure since December of 2004 as business owners expect better business conditions in the next six months (a net of 50 percent compared to 38 percent in November) and higher sales (31 percent from 20 percent).2017-01-10T11:49:37.873
"Nasdaq Closes At New High, Dow And S&P Fall",Stock Market,"Nasdaq Closes At New High, Dow And S&P FallUnited States Stock MarketWall Street closed mostly lower on Monday amid falling oil prices, mainly led by declines in energy and utilities shares. The Dow Jones lost 76 points or 0.4% and the S&P 500 fell 8 points or 0.4% while the Nasdaq gained 11 points or 0.2% to close at 5531.82, hitting a new high for the third day.2017-01-09T21:20:28.847"
US Consumer Credit Rises More Than Expected,Consumer Credit,"US Consumer Credit Rises More Than ExpectedUnited States Consumer CreditConsumer credit in the United States increased by $24.53 billion in November of 2016, following an upwardly revised $16.17 billion rise in October and beating market expectations of $18.48 billion. Revolving credit rose by $11.01 billion, after increasing by $2.37 billion in the previous month and non-revolving credit went up by $13.52 billion, compared with a $13.8 billion rise in October.2017-01-09T20:09:40.31"
Most US Stocks Fall On Monday,Stock Market,Most US Stocks Fall On MondayUnited States Stock MarketWall Street opened mainly in the red on Monday amid lower oil prices while investors await the beginning of the earnings season this week. The Dow Jones lost 63 points or 0.3% and the S&P 500 went down 5 points or 0.3% while the Nasdaq gained 5 points or 0.1% around 6 minutes after the opening bell. 2017-01-09T14:43:45.45
"S&P 500, Nasdaq Close At Records After US Jobs Report",Stock Market,"S&P 500, Nasdaq Close At Records After US Jobs ReportUnited States Stock MarketUS equities finished higher on Friday with the technology sector leading the gains, after December Labour data report showed the economy added less jobs that expected but wages rose the most in seven years. The Dow Jones rose 65 points, or 0.3%, to finish at 19,964; the S&P 500 added 8 points, or 0.4%, to a record 2,277; and the Nasdaq gained 33 points, or 0.6%, to an all-time high of 5,521.2017-01-06T21:17:26"
US Factory Orders Fall The Most In A Year,Factory Orders,"US Factory Orders Fall The Most In A YearUnited States Factory OrdersNew orders for manufactured goods in the United States slumped 2.4 percent month-over-month in November 2016, following an upwardly revised 2.8 percent rise in October and worse than market expectations of a 2.2 percent fall. It is the biggest decline in a year, following four consecutive rises. Orders for transportation equipment shrank 13.2 percent, the biggest drop since August 2014, mainly due to civilian aircraft. Excluding transportation, factory orders rose 0.1 percent and non-defense capital goods excluding aircraft orders, seen as a proxy for business confidence and spending plans rose 0.2 percent.
2017-01-06T15:09:52.347"
US Wages Rise More Than Expected,Average Hourly Earnings,"US Wages Rise More Than ExpectedUnited States Average Hourly EarningsAverage hourly earnings in the United States rose by 0.4 percent or by 10 cents to $26 in December from November of 2016. It follows 2 cents (-0.1 percent) decline in the previous period, beating market expectations of a 0.3 percent rise. Over the year, average hourly earnings have risen by 2.9 percent, the biggest gain since 2009.2017-01-06T14:57:04"
US Stocks Fall After Jobs Report,Stock Market,"US Stocks Fall After Jobs ReportUnited States Stock MarketWall Street opened mainly lower on Friday after data showed the US economy added less jobs than expected in December although wage growth accelerated. The Dow Jones fell 51 points or 0.3%, the S&P 500 went down 3 points or 0.2% and the Nasdaq traded nearly flat around 10 minutes after the opening bell. 2017-01-06T14:44:36.043"
US Imports At 15-Month High In November,Imports,"US Imports At 15-Month High In November United States ImportsTotal imports to the United States rose 1.1 percent month-over-month to $231.07 billion in November of 2016, reaching the highest level since August last year. Imports of goods increased $2.7 billion to $189 billion: industrial supplies and materials rose $2.2 billion and crude oil went up $0.9 billion. Imports of services fell $0.3 billion to $42.1 billion: transport decreased $0.4 billion and travel declined $0.2 billion.




2017-01-06T14:00:41"
US Exports At 5-Month Low In November,Exports,"US Exports At 5-Month Low In November United States ExportsTotal exports of goods and services from the United States declined 0.2 percent month-over-month to $185.83 billion in November of 2016. It is the lowest level since June, as sales of goods decreased $0.7 billion to $122.4 billion: capital goods fell $1.8 billion, to the lowest level since September 2011; civilian aircraft declined $1.3 billion while industrial supplies and materials increased $1.5 billion. In contrast, exports of services rose $0.3 billion to $63.5 billion, with financial services increased $0.2 billion and travel edged up $0.1 billion.2017-01-06T13:57:53"
US Trade Gap At 9-Month High In November,Balance of Trade,"US Trade Gap At 9-Month High In November United States Balance of TradeThe trade gap in the United States increased by $2.9 billion to $45.2 billion in November of 2016, from a downwardly revised $42.4 billion in October and above market expectations of $42.5 billion shortfall. It was the biggest trade deficit since February. Exports fell 0.2 percent, due to lower shipments of civilian aircraft. In contrast, imports rose 1.1 percent and reached the highest level in 15 months, driven by crude oil purchases. 2017-01-06T13:42:50"
US Unemployment Rate Rises To 4.7% In December,Unemployment Rate,US Unemployment Rate Rises To 4.7% In DecemberUnited States Unemployment RateUS unemployment rate rose to 4.7 percent in December 2016 from a nine-year low of 4.6 percent in the previous month and in line with market expectations. The number of unemployed persons was nearly unchanged at 7.5 million while the labor force participation rate increased by 0.1 percentage point to 62.7 percent.2017-01-06T13:32:36
US Economy Adds Only 156K Jobs In December,Non Farm Payrolls,"US Economy Adds Only 156K Jobs In DecemberUnited States Non Farm PayrollsNon Farm Payrolls in the US increased by 156 thousand in December of 2016, lower than upwardly revised 204 thousand in November and below market expectation of 178 thousand. Job growth occurred in health care and social assistance. Job growth totaled 2.2 million in 2016, less than the increase of 2.7 million in 2015.2017-01-06T13:31:18"
"Most US Stocks Fall, Nasdaq Closes At Record High",Stock Market,"Most US Stocks Fall, Nasdaq Closes At Record HighUnited States Stock MarketUS stocks closed mostly in the red on Thursday, after disappointing economic data showed the pace of private-sector job growth slowed in December while service sector expansion came in better than expected. The Dow Jones fell 43 points, or 0.2%, to finish at 19,899; and the S&P 500 retreated 2 points, or less than 0.1%, to 2,269. By contrast, the Nasdaq gained 11 points, or 0.2%, to hit a record 5,488, mainly boosted by rises in the share price of Baidu, Amazon and Facebook. 2017-01-05T21:22:11"
Dollar Index Falls to 3 Week Low,Currency,Dollar Index Falls to 3 Week LowUnited States CurrencyThe dollar index declined to a three-week low on Thursday after data showed companies added fewer jobs than expected last month and planned job cuts increased. The index was down 1.1% to 101.4 around 11:00 AM NY time. 2017-01-05T16:12:09
US Crude Oil Stocks Fall The Most Since September,Crude Oil Stocks Change,"US Crude Oil Stocks Fall The Most Since September United States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 7.051 million barrels in the week ended December 30th, 2016, following a 0.614 million increase in the previous week and compared with market expectations of a 2.152 million drop. It was the biggest decrease since September. Meanwhile, gasoline stocks rose by 8.307 million, compared to expectations of a 1.786 million increase.2017-01-05T16:08:16"
US Services Sector Growth Remains Strong: ISM,Non Manufacturing PMI,"US Services Sector Growth Remains Strong: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index came in at 57.2 in December, the same as in the previous month and the highest since October of 2015. Figures came better than market expectations of 56.6 as new orders increased while business activity and employment eased and price pressures went up. 2017-01-05T15:07:00"
US Private Sector Activity Growth Revised Up: Markit,Composite Pmi,"US Private Sector Activity Growth Revised Up: MarkitUnited States Composite PmiThe final Markit US Composite PMI came in at 54.1 in December of 2016, higher than a preliminary reading of 53.7 but lower than 54.9 in November. Services growth eased (53.9 from 54.6 in November) while manufacturing accelerated to the highest since March of 2015 (54.3 from 54.1). The average reading for the final quarter of 2016 (54.6) was the highest since the last three months of 2015.2017-01-05T14:58:16.947"
US Markit Services PMI Revised Up In December,Services PMI,"US Markit Services PMI Revised Up In DecemberUnited States Services PMIThe final Markit US Services PMI came in at 53.9 in December of 2016, higher than a preliminary reading of 53.4 but below 54.6 in November. Still, the reading was well above the neutral 50 threshold and pointed to a solid pace of expansion. Improving domestic economic conditions and greater consumer spending boosted business activity and new work, job creation was the highest since late 2015 while prices charged increased the most in 18 months.2017-01-05T14:52:44"
US Stocks Open Mixed On Thursday,Stock Market,US Stocks Open Mixed On ThursdayUnited States Stock MarketWall Street opened mixed on Thursday amid higher oil prices and lower-than-expected ADP employment data. The Dow Jones and the S&P 500 traded flat to lower while the Nasdaq gained 6 points or 0.1% around five minutes after the opening bell.2017-01-05T14:39:45.38
US Jobless Claims Fall To Near 43-Year Low,Initial Jobless Claims,"US Jobless Claims Fall To Near 43-Year LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 28 thousand to 235 thousand in the week ended December 31st from the previous week's revised level of 263 thousand. The figure came in way below market expectations of 260 thousand and was close to the 233 thousand touched in mid-November, which was the lowest level since November 1973.2017-01-05T13:34:49"
US Private Sector Adds Less Jobs Than Expected: ADP,ADP Employment Change,"US Private Sector Adds Less Jobs Than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 153 thousand workers in December of 2016 compared to a downwardly revised 215 thousand in November and well below market expectations of 170 thousand. The service-providing sector added 169 thousand jobs, boosted by trade, transportation and utilities (+82 thousand), education and health (+29 thousand) and professional and business (+24 thousand) while information lost 6 thousand jobs. Meanwhile, the goods-producing sector shed 16 thousand jobs, as jobs in manufacturing (-9 thousand), natural resources and mining (-5 thousand) and construction (-2 thousand) were lost. Midsized companies were the ones hiring more (71 thousand), followed by large (63 thousand) and small (18 thousand). 
2017-01-05T13:18:12"
US Corporate Layoffs Rise in December: Challenger,Challenger Job Cuts,"US Corporate Layoffs Rise in December: ChallengerUnited States Challenger Job CutsThe pace of downsizing increased in December of 2016 as U.S.-based employers announced plans to shed 33,627 workers from payrolls. December job cuts were 25 percent higher than the 26,936 cuts announced in November and were up 42 percent from last December, when job cuts totaled 23,622. However, December marked the third consecutive month in which job cuts remained significantly below the annual average of 43,910. Considering full 2016, employers announced a total of 526,915 job cuts, 12 percent fewer than the 598,510 cuts in 2015 and below the 539,581 annual job cuts average since 2010, marking the first year of recovery in the wake of the Great Recession. The heaviest job cuts in 2016 occurred in the energy sector, which announced 107,714 layoffs during the year, with most cuts announced in the first half of 2016, as the industry continued to suffer from historically low oil prices. 2017-01-05T12:37:05"
US Stocks Close Higher After Fed Minutes,Stock Market,"US Stocks Close Higher After Fed MinutesUnited States Stock MarketUS stocks closed in the green on Wednesday, after minutes from the Fed's December meeting showed policymakers expected a faster pace of rate hikes in 2017. The Dow Jones rose 60 points, or 0.3%, to finish at 19,942; the S&P 500 closed up 13 points, or 0.6%, at 2,271; and the Nasdaq gained 48 points, or 0.9%, to 5,477. 2017-01-04T21:19:58.243"
Fed Shows Concerns Over Fiscal Policy Uncertainty,Interest Rate,"Fed Shows Concerns Over Fiscal Policy Uncertainty United States Interest RateThe Federal Reserve might need to raise rates faster than previously anticipated as the ""undershooting” of the unemployment rate might help return inflation to the Fed’s 2% target.  Policymakers emphasized their uncertainty about the timing, size, and composition of any future fiscal and other economic policy initiatives, minutes from FOMC meeting held on December 13-14 showed. The Fed last hiked the target for the federal funds rate by 25 basis points to between 0.50 percent and 0.75 percent in December. 2017-01-04T19:29:38"
ISM New York Index Rises To 14-Month High,Ism New York Index,"ISM New York Index Rises To 14-Month HighUnited States Ism New York IndexThe ISM NY Current Business Conditions Index rose to 63.8 in December of 2016 from 52.5 in November, reaching the highest since October of 2015. Purchases (58 from 56 in November), current (55 from 52.1) and expected revenues (67.5 from 66.7) increased and prices paid eased (57.5 from 69.2) while employment fell (42 from 52.3). The six-month outlook also went up to 74.2 from 60.8.2017-01-04T14:55:33.117"
US Stocks Rise Ahead Of Fed Minutes,Stock Market,"US Stocks Rise Ahead Of Fed MinutesUnited States Stock MarketWall Street opened higher on Wednesday as investors await FOMC minutes release later in the day for further clues on the timing of Fed's next rate hike. The Dow Jones gained 58 points or 0.3%, the S&P 500 went up 9 points or 0.4% and the Nasdaq traded 25 points or 0.5% higher around 6 minutes after the opening bell.2017-01-04T14:40:52"
US Mortgage Applications Rise 0.1%,Mortgage Applications,"US Mortgage Applications Rise 0.1%United States Mortgage ApplicationsMortgage applications in the United States edged up 0.1 percent in the week ended December 30 2016, data from the Mortgage Bankers Association showed. Refinance applications went up 1.7 percent and applications to purchase a home fell 1.4 percent. Average fixed 30-year mortgage rates declined 6bps to 4.39 percent.
2017-01-04T12:19:01.98"
US Stocks Close Higher On Strong Manufacturing Data,Stock Market,"US Stocks Close Higher On Strong Manufacturing DataUnited States Stock MarketUS stocks closed in the green on Tuesday, the first trading day of 2017, boosted by better-than-expected data from the US factory sector while a drop in oil prices weighed. The Dow Jones rose 119 points, or 0.6%, to finish at 19,882; the S&P 500 closed up 19 points, or 0.9%, at 2,258; and the Nasdaq gained 46 points, or 0.9%, to 5,429. 2017-01-03T21:14:25.12"
Dollar Rises To Fresh 14-Year High After Strong PMI Data,Currency,"Dollar Rises To Fresh 14-Year High After Strong PMI DataUnited States CurrencyThe US dollar extended gains on Tuesday and hit its strongest level since December 2002, as better-than-expected manufacturing data for December lifted sentiment. The greenback rose by 0.5% against the yen to ¥118.02, by 0.7% against the euro to €1.038 and by 0.3% against the pound to £1.224 around 11:00 AM New York time.2017-01-03T16:02:58"
US Construction Spending Hits 10-1/2-Year High,Construction Spending,"US Construction Spending Hits 10-1/2-Year HighUnited States Construction SpendingConstruction spending in the United States increased by 0.9 percent month-over-month to $1.18 trillion in November 2016, the highest level since April 2006, following an upwardly revised 0.6 percent growth in October. The figure came in better than market expectations, as spending on private construction jumped 1 percent to its highest level since July 2006, after edging up by 0.1 percent in the previous month, boosted by single-family home building and home renovations. Also, investment in private nonresidential structures rose by 0.9 percent (from -1.5 percent in October); and public construction spending went up 0.8 percent to the highest level since March (+2.2 percent in October). Year-on-year, construction spending grew by 4.1 percent.2017-01-03T15:10:47"
US Factory Activity Growth At 2-Year High: ISM,Business Confidence,"US Factory Activity Growth At 2-Year High: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI rose to 54.7 in December of 2016 from 53.2 in November, beating market expectations of 53.6. It is the highest reading since December of 2014 as new orders, production and employment all registered new highs for the year 2016.2017-01-03T15:07:03"
US Markit Manufacturing PMI Revised Up In December,Manufacturing PMI,"US Markit Manufacturing PMI Revised Up In DecemberUnited States Manufacturing PMIThe final Markit US Manufacturing PMI increased to 54.3 in December of 2016 from a preliminary reading of 54.2 and 54.1 in November. It is the highest value since March of 2015, boosted by rises in new orders and production volumes and the fastest upturn in payroll numbers since June of 2015.
2017-01-03T14:51:41.763"
US Stocks Rally On 1st Trading Day Of 2017,Stock Market,"US Stocks Rally On 1st Trading Day Of 2017United States Stock MarketWall Street opened in the green on Tuesday, the first trading day of 2017 amid a stronger dollar and rising oil prices while investors await Markit PMI and ISM manufacturing data. The Dow Jones jumped 166 points or 0.8%, the S&P 500 rose 19 points or 0.8% and the Nasdaq gained 50 points or 0.9% around 5 minutes after the opening bell. 2017-01-03T14:40:42.753"
US Stocks Rise In 2016,Stock Market,"US Stocks Rise In 2016United States Stock MarketWall Street finished the last trading session of the year in the red, third straight day of losses. The Dow Jones fell 57 points or 0.3%, the S&P 500 went down 10 points or 0.5% and the Nasdaq declined 49 points or 0.9%. On the year, the Dow Jones gained 13.4%, the biggest advance since 2013, the S&P 500 went up 9.5% and the Nasdaq added 7.5%. Most gains came in the second half of the year amid higher corporate earnings, stronger GDP growth and a recovery in oil prices. Yet, the rally accelerated after Trump’s victory on expectations of a fiscal boost under the new presidency. 2016-12-30T21:20:04"
US Chicago PMI Falls In December,Chicago Pmi,"US Chicago PMI Falls In DecemberUnited States Chicago PmiThe MNI Chicago Business Barometer went down to 54.6 in December of 2016 from 57.6 in November and lower than market expectations of 57. The decline was led by a slowdown in new orders (56.5 from 63.2 in November) and production (58.5 from 59.1), order backlogs moved back into contraction (42.6 from 52.8) and employment held firm (at 49.7). Supplier deliveries was the only component to gain ground in December (54.7 from 53.9).  2016-12-30T15:01:39.137"
US Stocks Open Flat On Last Trading Day Of 2016,Stock Market,"US Stocks Open Flat On Last Trading Day Of 2016United States Stock MarketWall Street opened mostly flat on Friday, with the Dow and the S&P on track to post double-digit gains for the year. The Dow Jones, the S&P 500 and the Nasdaq traded nearly flat around 7 minutes after the opening bell.2016-12-30T14:42:32"
US Stocks Finish Lower On Thursday,Stock Market,"US Stocks Finish Lower On ThursdayUnited States Stock MarketWall Street closed mostly lower on Thursday, after US administrations announced new sanctions against Russia and expelled 35 diplomats in response to alleged interference into the presidential election. Also, the dollar retreated, jobless claims came slightly above forecasts and the goods trade deficit widened more than anticipated. The Dow Jones declined 14 points or 0.1%, the Nasdaq lost 6 points or 0.1% and the S&P 500 finished near the flatline.2016-12-29T21:21:04"
US Crude Oil Stocks Unexpectedly Rise By 614K,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly Rise By 614KUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 0.614 million barrels in the week ended December 23rd, 2016. It follows a 2.256 million increase in the previous week and compares with market expectations of a 2 million fall. Meanwhile, gasoline stocks went down by 1.593 million, compared to expectations of a 1.32 million increase.2016-12-29T16:08:13.5"
US Stocks Rise On Thursday,Stock Market,"US Stocks Rise On ThursdayUnited States Stock MarketWall Street opened higher on Thursday after losses in the previous session amid a dollar retreat while jobless claims came slightly above forecasts and the goods trade deficit widened more than anticipated. The Dow Jones was up 35 points or 0.2%, the S&P 500 added 4 points or 0.2% and the Nasdaq gained 9 points or 0.2% around 5 minutes after the opening bell.2016-12-29T14:38:41"
US Jobless Claims Fall Less Than Expected,Initial Jobless Claims,"US Jobless Claims Fall Less Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 10 thousand to 265 thousand in the week ended December 24th from the previous week's unrevised level of 275 thousand and slightly below market expectations of 264 thousand. It was the 95th straight week that claims were below 300 thousand, a threshold associated with a healthy labor market. Meanwhile, the continuing claims drawn by workers for more than a week rose to 2.10 million in the week ended December 17th, the highest since September 10th and above market expectations of 2.03 million.2016-12-29T13:32:59"
Dollar Retreats To Near 2-Week Low,Currency,"Dollar Retreats To Near 2-Week LowUnited States CurrencyThe dollar index fell for the first time in three days on Thursday after weak pending home sales data and falling US yields. The greenback was down 0.6% against the yen to a 2-week low of ¥116.4, fell 0.3% to €1.04 and lost 0.4% to £1.225 around 8:50 AM London time.2016-12-29T08:52:24"
US Stocks Close Lower On Wednesday,Stock Market,"US Stocks Close Lower On WednesdayUnited States Stock MarketUS stocks finished lower on Wednesday, after the pending home sales unexpectedly fell to ten-month low level. The Dow lost 111 points, or 0.6% to 19,884, while investors awaited it would nudge beyond 20,000, a level it has never breached. The S&P 500 declined 19 point, or 0.8%; and the Nasdaq decreased 49 points, or 0.9%.2016-12-28T21:23:53"
Dollar Continues To Strengthen,Currency,Dollar Continues To Strengthen United States CurrencyThe US dollar rose further on Wednesday on rising expectations that the Fed will raise rates next year to keep up with inflation and growth brought by a planned fiscal stimulus from Trump administration. The dollar index rose 0.4% to 103.43 against a basket of currencies around 1:15 PM New York time.2016-12-28T18:15:05.227
US Pending Home Sales Fall To 10-Month Low,Pending Home Sales,"US Pending Home Sales Fall To 10-Month LowUnited States Pending Home SalesContracts to buy previously owned US homes fell by 0.4 percent year-on-year in November 2016 to their lowest level since February, following a 1.8 percent increase in October. Compared to the previous month, sales dropped 2.5 percent after rising by 0.1 percent and missing market expectations of a 0.5 percent gain, suggesting interest rates could be weighing on the housing market. Across the nation's four regions, contracts declined by 2.5 percent in the Midwest, by 6.7 percent in the West and by 1.2 percent in the South; but rose 0.6 percent in the Northeast.2016-12-28T15:07:23"
US Stocks Open Higher On Wednesday,Stock Market,"US Stocks Open Higher On WednesdayUnited States Stock MarketUS stocks opened higher on Wednesday, with investors hoping that gains in technology and financial stocks would nudge the Dow Jones Industrial Average beyond 20,000, a level it has never breached. The Dow rose 31 points, or 0.2% to 19,976; the S&P 500 advanced 1 point, or 0.1%; and the Nasdaq gained 6 points, or 0.1%, around 15 minutes after the opening bell.2016-12-28T14:38:12"
"US Stocks Rise on Tuesday, Nasdaq At Record High",Stock Market,"US Stocks Rise on Tuesday, Nasdaq At Record HighUnited States Stock MarketWall Street closed slightly higher on Tuesday after being closed in the previous day for the Christmas holiday, after consumer confidence, Richmond Fed and Dallas Fed data came above expectations. The Dow Jones finished near the flatline, the S&P 500 gained 5 points or 0.2%, the Nasdaq rose 25 points or 0.5% and hit a new record high of 5,487.2016-12-27T21:13:37.02"
US Dallas Fed Manufacturing Index At Nearly 5-Year High,Dallas Fed Manufacturing Index,"US Dallas Fed Manufacturing Index At Nearly 5-Year HighUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas jumped to 10.2 in November of 2016 from -1.5 in October. It was the highest reading since February 2012, mainly driven by a rebound in new orders (7.3 from -1.4 in November) and shipments (4.7 from -1.9) and a further increase in production (13.8 from 8.8), capacity utilization (13.8 from 3.6) and wages and benefits (18.7 from 18.4). By contrast, employment contracted (-2.9 from 4.5 in November). Also, expectations regarding future business conditions improved notably, with the index of future general business activity jumping 8.1 points to 39.7.2016-12-27T15:47:09.46"
US Richmond Fed Manufacturing Index At 5-Month High,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index At 5-Month HighUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia went up to 8 in December 2016 from 4 in the previous month, beating market expectations of 5. It was the highest reading since July this year, as the volume of new orders picked up (12 from 7 in November), shipments increased (12 from 1) and wages grew further (19 from 16); while employment fell (-1 from 5). Also, manufacturers were optimistic about business conditions over the next six months.2016-12-27T15:08:07.547"
US Stocks Rise on Tuesday,Stock Market,"US Stocks Rise on TuesdayUnited States Stock MarketWall Street opened slightly higher on Tuesday after being closed in the previous day for the Christmas holiday as investors await consumer confidence, Richmond Fed and Dallas Fed data. The Dow Jones added 29 points or 0.1%, remaining below the 20,000 milestone, the S&P 500 gained 5 points or 0.3% and the Nasdaq rose 17 points or 0.3% around 7 minutes after the opening bell.2016-12-27T14:46:49.253"
US Home Prices Rise 5.1% YoY in October: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Prices Rise 5.1% YoY in October: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-City Composite Home Price Index in the US rose 5.1 percent year-on-year in October of 2016, following a downwardly revised 5 percent increase in the previous month and matching market expectations. Prices in Seattle rose the most (+10.7 percent), followed by Portland (+10.3 percent) and Denver (+8.3 percent). Meanwhile, the national index, covering all nine US census divisions, rose by 5.6 percent year-on-year, up from 5.4 percent last month. On a monthly basis, the not seasonally adjusted S&P CoreLogic Case-Shiller 20-City Composite Home Price Index increased by 0.1 percent, the same as in October.2016-12-27T14:10:30.84"
"US Stocks Rise On Friday, Gain On The Week",Stock Market,"US Stocks Rise On Friday, Gain On The Week United States Stock MarketWall Street closed slightly higher on Friday led by health-care, consumer and financial shares. The Dow Jones added 15 points or less than 0.1%, failing to top the 20,000 mark; the S&P 500 went up 3 points or 0.1% and the Nasdaq closed 15 points or 0.3% higher. On the week, the Dow Jones added 0.5%, the seventh straight week of gains; the S&P 500 increased 0.3% and the Nasdaq gained 0.5%. 2016-12-23T21:31:55.973"
US Consumer Sentiment At Nearly 13-Year High,Consumer Confidence,"US Consumer Sentiment At Nearly 13-Year HighUnited States Consumer ConfidenceThe final reading of the University of Michigan's consumer sentiment for the United States rose to 98.2 in December 2016 compared to a preliminary figure of 98 and a final 93.8 in November. It was the highest reading since January 2004, as consumers expected a favorable impact of Trump's policies on the economy.2016-12-23T15:09:34.08"
US New Home Sales at 4-Month High Of 592K,New Home Sales,"US New Home Sales at 4-Month High Of 592KUnited States New Home SalesSales of new single-family houses in the United States jumped 5.2 percent to a seasonally adjusted annual rate of 592,000 in November of 2016, beating market expectations of a 2.1 percent increase. It is the highest figure in four months as sales in the Midwest jumped 43.8 percent and those in the West increased 7.7 percent. 2016-12-23T15:03:21"
US Stocks Flat On Friday,Stock Market,"US Stocks Flat On FridayUnited States Stock MarketWall Street opened around the flatline on Friday amid lower oil prices while the Dow continued to fail to top the 20,000 milestone. The Dow Jones, the S&P 500 and the Nasdaq traded near the flatline around 9 minutes after the opening bell.2016-12-23T14:45:22"
US Stocks Lower on Thursday,Stock Market,"US Stocks Lower on ThursdayUnited States Stock MarketWall Street closed in the red on Thursday amid higher oil prices and mixed economic data: GDP for the third quarter was revised up and durable goods fell slightly less than anticipated while jobless claims came above forecasts and personal income and spending disappointed. The Dow Jones fell 23 points or 0.1%, failing to top the 20,000 milestone, the S&P 500 lost 4 points or 0.2% and the Nasdaq declined 24 points or 0.4%.    2016-12-22T21:14:40.307"
US Personal Income Unchanged In November,Personal Income,"US Personal Income Unchanged In NovemberUnited States Personal IncomePersonal income in the United States was flat in November from October of 2016, following a downwardly revised 0.5 percent rise in the previous period. It is the worst performance since a 0.1 percent drop in February and compared to market expectations of a 0.3 percent gain. It primarily reflected increases in personal interest income and rental income of persons that were mostly offset by a decrease in wages and salaries.2016-12-22T15:27:08.397"
"US Personal Spending Rises 0.2%, Lowest In 8 Months",Personal Spending,"US Personal Spending Rises 0.2%, Lowest In 8 MonthsUnited States Personal SpendingPersonal sending in the United States rose 0.2 percent in November from October of 2016, following an upwardly revised 0.4 percent gain in the previous period. It is the lowest rise since a flat reading in March and below market expectations of a 0.3 percent increase. Personal income was flat, the worst performance since a 0.1 percent drop in February.2016-12-22T15:20:51.74"
US PCE Price Index Flat in November,PCE Price Index Monthly Change,"US PCE Price Index Flat in November United States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States was flat in November from October 2016, following an upwardly revised 0.3 percent growth in the previous period. Cost of services rose 0.1 percent (+0.2 percent in October), while prices of goods went down 0.2 percent (+0.4 percent in October). Compared to the same month a year earlier, the PCE price index went up 1.4 percent, at the same pace as in the previous month. Excluding food and energy, prices remained unchanged from October and increased by 1.6 percent from the previous year, below market expectations of 0.1 percent rise. 2016-12-22T15:10:07.183"
US Stocks Fall On Thursday,Stock Market,"US Stocks Fall On ThursdayUnited States Stock MarketWall Street traded lower on Thursday amid mixed economic data: GDP for the third quarter was revised up and durable goods fell slightly less than anticipated while jobless claims came above forecasts. The Dow Jones fell 34 points or 0.2%, the S&P 500 lost 6 points or 0.3% and the Nasdaq declined 19 points or 0.4% around 12 minutes after the opening bell.2016-12-22T14:54:10.667"
US House Prices Growth Matches Expectations: FHFA,FHFA House Price Index MoM,"US House Prices Growth Matches Expectations: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.4 percent month-over-month in October 2016, following a 0.6 percent increase in September and in line with market expectations. Year-on-year, the FHFA house price index went up 6.2 percent compared to a 6.3 percent increase the previous month. 2016-12-22T14:09:49.64"
Chicago Fed National Activity Index Falls To 4-Month Low,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Falls To 4-Month LowUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States fell to -0.27 in November 2016 from an upwardly revised -0.05 in October and missing market expectations of -0.15. The contribution from production-related indicators decreased to –0.20 from –0.01 in October; and the contribution of the personal consumption and housing category dropped to –0.10 from –0.03. By contrast, employment-related indicators contributed +0.02 to the index, slightly up from +0.01 in October; and the sales, orders, and inventories category made a contribution of +0.01 compared with –0.02 the previous month.2016-12-22T14:07:36"
US Q3 Corporate Profits Growth Revised Down To 6.7%,Corporate Profits,"US Q3 Corporate Profits Growth Revised Down To 6.7%United States Corporate ProfitsCorporate profits in the United States increased by $98.3 billion, or 6.7 percent, to $1575.4 billion in the third quarter of 2016, following a 1.9 percent fall in the previous period and missing preliminary estimates of a 7.6 percent gain. Net dividends rose by $18.5 billion, or 1.9 percent, to $972.5 billion and undistributed profits advanced by $79.8 billion, or 15.3 percent, to $602.9 billion. Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, went up by $95.4 billion, or 4.6 percent, to $2171.5 billion.2016-12-22T13:51:18.87"
US GDP Growth Rate Revised Up To 3.5% In Q3,GDP Growth Rate,"US GDP Growth Rate Revised Up To 3.5% In Q3United States GDP Growth RateThe US economy advanced an annualized 3.5 percent on quarter in the three months to September of 2016, up from 1.4 percent growth in the previous period and better than a 3.2 percent expansion in the second estimate. It is the highest growth rate in two years as personal consumption, investment in structures and intellectual property products and government expenditure rose faster than anticipated and exports were boosted by boom in soybean shipments.2016-12-22T13:37:25"
US Durable Goods Orders Fall The Most In Over 2 Years,Durable Goods Orders,"US Durable Goods Orders Fall The Most In Over 2 YearsUnited States Durable Goods OrdersNew orders for US manufactured durable goods decreased by 4.6 percent month-over-month in November 2016, following a 4.8 percent gain in October and slightly better than market expectations of a 4.7 percent fall. It was the first decline in five months and the sharpest drop since August 2014, mainly dragged by a 13.2 percent decrease in transport equipment. Excluding transportation, new orders increased 0.5 percent and excluding defense, new orders went down 6.6 percent. Non-defense capital goods orders excluding aircraft, a proxy for business spending, increased by 0.9 percent. 2016-12-22T13:36:41"
US Initial Jobless Claims At 27-Week High,Initial Jobless Claims,US Initial Jobless Claims At 27-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 21 thousand to 275 thousand in the week ended December 17th from the previous week's unrevised level of 254 thousand. The figure came above market expectations of 256 thousand to hit the highest level since the week ended June 11th.2016-12-22T13:35:52
US Stocks Fall On Wednesday,Stock Market,"US Stocks Fall On WednesdayUnited States Stock MarketWall Street closed lower on Wednesday amid falling oil prices and better-than-expected existing home sales data. The Dow Jones fell 33 points or 0.2%, the S&P 500 went down 6 points or 0.3% and the Nasdaq lost 13 points or 0.2%.2016-12-21T21:22:42"
US Crude Oil Inventories Unexpectedly Rise By 2.3M,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly Rise By 2.3MUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 2.256 million barrels in the week ended December 16th, 2016. It is the first increase in five weeks and compared to market expectations of a 2.5 million fall. Meanwhile, gasoline stocks went down by 1.309 million, compared to expectations of a 1.42 million increase.2016-12-21T15:40:38.01"
US Existing Home Sales At Near 10-Year High,Existing Home Sales,"US Existing Home Sales At Near 10-Year HighUnited States Existing Home SalesSales of previously owned houses in the United States rose 0.7 percent to a seasonally adjusted annual rate of 5610 thousand in November of 2016. It is the highest figure since February of 2007, beating market expectations of a 1 percent fall. Sales of condos jumped 10 percent to 660 thousand while those of single family homes fell 0.4 percent to 4950 thousand. The average price increased 0.5 percent and the months’ worth of supply went down to 4 from 4.3. The October figure was revised down to 5570 thousand from 5600 thousand.2016-12-21T15:09:34.683"
US Stocks Fall Slightly on Wednesday,Stock Market,"US Stocks Fall Slightly on WednesdayUnited States Stock MarketWall Street opened slightly lower on Wednesday, ahead of existing home sales release. In the previous session, the Dow and the Nasdaq closed at record highs and investors await the blue-chip index to top 20,000. The Dow Jones lost 12 points or less than 0.1%, the S&P 500 went down 3 points or 0.1% and the Nasdaq traded 6 points or 0.1% lower around 11 minutes after the opening bell.2016-12-21T14:50:59.727"
US Mortgage Applications Rise For 1st Time in 4 Weeks,Mortgage Applications,"US Mortgage Applications Rise For 1st Time in 4 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States rose 2.5 percent in the week ended December 16th 2016 from the prior period, the first increase in four weeks, data from the Mortgage Bankers Association showed. Refinance applications went up 3 percent and applications to purchase a home rose 2.7 percent. Average fixed 30-year mortgage rates jumped 13bps to 4.41 percent, the highest level since May 2014.2016-12-21T12:09:16.85"
Dow and Nasdaq Hit Fresh High,Stock Market,"Dow and Nasdaq Hit Fresh HighUnited States Stock MarketWall Street closed higher on Tuesday, led by financial and bank shares. The Dow Jones added 92 points or 0.5% to a new high of 19974.62; the S&P 500 rose 8 points or 0.4% and the Nasdaq gained 27 points or 0.5% to 5483.94, also a fresh record high. 2016-12-20T21:35:25.633"
US Equities Trade Higher On Tuesday,Stock Market,"US Equities Trade Higher On TuesdayUnited States Stock MarketUS stocks traded near record highs on Tuesday, following gains in Europe and Asia and amid a rise in oil prices. The Dow Jones added 100 points, or 0.5%; the S&P 500 gained 9 points, or 0.4%; and the Nasdaq advanced 24 points, or 0.4% around 20 minutes after the opening bell.2016-12-20T15:00:17"
US Stocks Rise On Monday,Stock Market,"US Stocks Rise On MondayUnited States Stock MarketWall Street closed higher on Monday, led by telecom shares amid lower-than-expected services and composite PMI data and after Fed Chair Yellen said the US has the strongest job market in nearly a decade. The Dow Jones increased 40 points or 0.2%, the S&P 500 added 4 points or 0.2% and the Nasdaq gained 20 points or 0.4%. 2016-12-19T21:22:28.48"
US Has The Strongest Job Market In Nearly A Decade,Interest Rate,"US Has The Strongest Job Market In Nearly A DecadeUnited States Interest RateAfter years of slow economic recovery, the US has the strongest job market in nearly a decade; job creation is continuing at a steady pace; the layoff rate is low; job openings are up over the past couple years and there are also indications that wage growth is picking up, Fed Chair Yellen said in a speech at the University of Baltimore 2016 Midyear Commencement. However, challenges do remain: the economy is growing more slowly than in past recoveries, and productivity growth, which is a major influence on wages, has been disappointing, Fed Chair added. 2016-12-19T18:53:38.63"
US Private Sector Growth Slows: Markit,Composite Pmi,"US Private Sector Growth Slows: MarkitUnited States Composite PmiThe flash Markit Composite PMI in the United States fell to 53.7 in December of 2016 from 54.9 in November, reaching the lowest in three months. Services growth eased (53.4 from 54.6) while manufacturing edged up (54.2 from 54.1). Considering the last quarter of the year, the index registered 54.5 on average, the steepest quarterly pace of expansion in one year.2016-12-19T15:14:27"
US Services Sector Growth At 3-Month Low,Services PMI,"US Services Sector Growth At 3-Month LowUnited States Services PMIThe flash Markit Services PMI in the United States fell to 53.4 in December of 2016 from 54.6 in the previous month and below market expectations of 55.2. It is the lowest value in three months as new business growth eased and input cost inflation and prices charged picked up. In contrast, payrolls rose the most since March and optimism regarding the year-ahead business outlook increased. 2016-12-19T15:02:06.98"
US Stocks Gain Slightly on Monday,Stock Market,"US Stocks Gain Slightly on MondayUnited States Stock MarketWall Street opened slightly higher on Monday as investors await Fed’s Yellen speech later in the day for further details on Fed’s pace of rate hikes next year. The Dow Jones added 20 points or 0.1%, the S&P 500 gained 2 points or 0.1% and the Nasdaq traded 4 points or 0.1% higher around 10 minutes after the opening bell.2016-12-19T14:49:22.83"
US Stocks Finish Lower On Friday,Stock Market,"US Stocks Finish Lower On FridayUnited States Stock MarketUS stocks erased gains on Friday to close in the red, as news that a Chinese vessel seized an underwater US Navy drone in international waters weighed on sentiment. The Dow Jones fell 11 points, or 0.1%, to close at 19,841; the S&P 500 finished down 4 points, or 0.2%, at 2,258; and the Nasdaq retreated 20 points, or 0.4%, to finish at 5,437. For the week, the Dow added 0.4%, while the S&P 500 and the Nasdaq declined 0.1% each. 2016-12-16T21:15:04.533"
"US Stocks Gain On Oil, Dollar",Stock Market,"US Stocks Gain On Oil, DollarUnited States Stock MarketUS stocks rose on Friday amid a rally in oil prices and stabilization in the US dollar after hitting its highest level since 2002 the previous day. The Dow Jones gained 38 points, or 0.2%; the S&P 500 advanced 3 points, or 0.2%; and the Nasdaq added 4 points, or 0.1%, around 15 minutes after the opening bell.2016-12-16T14:46:23.827"
US Building Permits Fall 4.7% MoM In November,Building Permits,"US Building Permits Fall 4.7% MoM In November United States Building PermitsBuilding permits in the United States decreased 4.7 percent month-over-month to a seasonally adjusted annual rate of 1201 thousand in November of 2016, below market expectations of 1243 thousand. It was the lowest figure since August, as authorizations of units in buildings with five units or more dropped 15.8 percent to 384 thousand while single-family rose 0.5 percent to a rate of 778 thousand. Building permits went down mostly in the Midwest (-8.3 percent), West (-6.1 percent) and South (-4 percent) but rose in the Northeast (+2.8 percent).2016-12-16T13:41:39.787"
US Housing Starts Fall From 9-Year High,Housing Starts,"US Housing Starts Fall From 9-Year HighUnited States Housing StartsHousing starts in the United States fell 18.7 percent from the previous month to a seasonally adjusted annualized rate of 1090 thousand in November 2016, way below market expectations of 1230 thousand. Single-family housing starts dropped 4.1 percent and those for the volatile multi-family segment tumbled 45.1 percent. Housing starts decreased in all four regions. Meanwhile, building permits also declined 4.7 percent to 1201 thousand while markets were expecting a smaller drop.2016-12-16T13:35:42.953"
Foreigners Buy $18.8 Billion Of US Assets In October,Capital Flows,"Foreigners Buy $18.8 Billion Of US Assets In OctoberUnited States Capital FlowsOverseas investors bought $18.8 billion of US assets in October 2016, including short-dated instruments after selling an upwardly revised $154.4 billion in September. Foreigners sold $12.9 billion of long-term US securities, including government and corporate, after selling an upwardly revised $64.8 billion in the previous month. Foreign investorssold $63.5 billion os US treasuries, after selling $76.6 billion in September.2016-12-15T22:03:20.59"
US Stocks Close Higher As Financial Equities Rise,Stock Market,"US Stocks Close Higher As Financial Equities RiseUnited States Stock MarketUS stocks closed in the green on Thursday, led by the financial sector, after the Federal Reserve raised rates and signaled a faster path of interest-rate increases in 2017. The Dow Jones gained 60 points, or 0.3%, to close at 19,852; the S&P 500 finished up 9 points, or 0.4%, at 2,262; and the Nasdaq added 20 points, or 0.4%, to finish at 5,457.2016-12-15T21:42:26"
US Stocks Gain After Fed,Stock Market,"US Stocks Gain After FedUnited States Stock MarketUS stocks rose on Thursday, after the Federal Reserve raised interest rates and projected three rate hikes for next year. The Dow Jones gained 116 points, or 0.6%; the S&P 500 advanced 13 points, or 0.6%; and the Nasdaq added 29 points, or 0.5%, around 10:15 AM New York time.2016-12-15T15:16:47.887"
US Homebuilder Sentiment Jumps To Highest Since 2005,Nahb Housing Market Index,"US Homebuilder Sentiment Jumps To Highest Since 2005United States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States rose to 70 in December from 63 in November of 2016, above market expectations of 63. It was the highest reading since July 2005, largely attributable to a post-election bounce, as builders are hopeful that President-elect Trump will follow through on his pledge to cut burdensome regulations that are harming small businesses and housing affordability. Current single-family home sales increased 7 points to 76; sales expectations over the next six months went up 9 points to 78, and buyer traffic rose 6 points to 53 (the first time this gauge has topped 50 since October 2005).2016-12-15T15:10:32"
US Factory Activity Growth At 21-Month High: Markit,Manufacturing PMI,"US Factory Activity Growth At 21-Month High: MarkitUnited States Manufacturing PMIThe seasonally adjusted Markit Flash US Manufacturing PMI rose to 54.2 in December 2016 from 54.1 in the previous month and in line with market expectations. It was the strongest reading since March 2015, as employment rose further and stocks of inputs accumulated at the fastest pace since the survey began in May 2007. Meanwhile, output and new orders expanded at slower pace. Input price inflation accelerated for the third time in the past four months and the factory gate charges rose for the third successive month.2016-12-15T14:58:02"
US Current Account Deficit Narrows In Q3,Current Account,"US Current Account Deficit Narrows In Q3 United States Current AccountThe current account gap in the United States narrowed to $113 billion or 2.4 percent of GDP in the third quarter of 2016 from a downwardly revised $118.3 billion shortfall in the previous period (2.6 percent of GDP) while market expected a $111.6 billion deficit. The narrowing reflected a $9 billion decrease in the deficit on goods to $177.7 billion, as a jump in soybean shipments boosted exports. Also, the secondary income gap declined by $2 billion to $39.9 billion. In contrast, services surplus decreased $0.7 billion to $61.2 billion and primary income surplus narrowed $0.8 billion to $43.4 billion.2016-12-15T14:01:21"
NY Empire State Manufacturing Index At 8-Month High,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index At 8-Month High United States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index increased to 9 in December 2016 from 1.5 in November, better than market expectations of 4. It was the highest reading since April. The new orders rose to 11.4 (3.1 in November) while the shipments were unchanged at 8.5. Labor market conditions remained weak, with manufacturers reporting declines in employment and hours worked. Inventories continued to fall, and delivery times shortened. The prices paid rose 7 points, pointing to a pickup in input price increases, while the prices received showed only a slight increase in selling prices. The six-month outlook conveyed a high degree of optimism about future conditions, with the future business conditions rising to its highest level in nearly five years.2016-12-15T13:48:04"
Philadelphia Fed Manufacturing Index At 2-Year High,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index At 2-Year High United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index surged to 21.5 in December of 2016 from 7.6 in November and well above market expectations of 9. It was the highest reading since November 2014. The shipments increased to 22 (from 19.5) and employment rebounded (6.4 from -2.6). Meantime, new orders index went down to 13.9 (from 18.6) and inventories declined to 1.1 (from 13.4). Prices paid index rose to 29.4 (from 27.5) while prices received eased to 5.8 (from 16).
2016-12-15T13:41:29"
US Jobless Claims Fall To 3-Week Low,Initial Jobless Claims,US Jobless Claims Fall To 3-Week LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 4 thousand to 254 thousand in the week ended December 10th from the previous week's unrevised level of 258 thousand. The figure came in below market expectations of 255 thousand to hit the lowest level in three weeks.2016-12-15T13:38:39.5
US Inflation Rate Rises To Fresh 2-Year High,Inflation Rate,"US Inflation Rate Rises To Fresh 2-Year HighUnited States Inflation RateConsumer prices in the United States increased by 1.7 percent year-on-year in November 2016, following a 1.6 percent rise in October and in line with market expectations. It was the highest inflation rate since October 2014, mainly boosted by higher energy cost while food prices continued to fall. On a monthly basis, consumer prices rose by 0.2 percent after growing by 0.4 percent in October.2016-12-15T13:33:21"
Dollar Surges To 14-Year High After Fed Decision,Currency,"Dollar Surges To 14-Year High After Fed DecisionUnited States CurrencyThe dollar continued to strengthen on Thursday, to its highest level since December 25th, 2002, after the Federal Reserve raised rates for the second time in a decade and signaled more interest rate rises next year than previously thought. The dollar index rose 1.3% to 103.10 against a basket of currencies around 1:15 PM London time.2016-12-15T10:47:27"
Dollar Rises After Fed Decision,Currency,"Dollar Rises After Fed DecisionUnited States CurrencyThe dollar strengthened on Wednesday, after the Federal Reserve raised rates for the first time this year and forecast a faster pace of tightening in the coming year. The dollar index rose 1% to 102.08 against a basket of currencies around 4:30 PM New York time.2016-12-14T21:25:07.2"
US Equities Drop As Fed Signals Tighter Policy In 2017,Stock Market,"US Equities Drop As Fed Signals Tighter Policy In 2017United States Stock MarketUS stocks closed lower on Wednesday after the Federal Reserve raised rates for the second time in a decade and forecast a faster pace of tightening in in 2017. The Dow Jones fell 119 points, or 0.6%, to end at 19,793; the S&P 500 slid 18 points, or 0.8%, to close at 2,253; and the Nasdaq dropped 27 points, or 0.5%, to close at 5,437.2016-12-14T21:12:43.357"
"Fed Raises GDP Growth Forecast For 2016, 2017",GDP Annual Growth Rate,"Fed Raises GDP Growth Forecast For 2016, 2017United States GDP Annual Growth RateThe Federal Open Market Committee raised its GDP growth forecasts for 2016 to 1.9 percent from 1.8 percent in the September projection and for 2017 to 2.1 percent from 2 percent previously estimated. Meanwhile, the unemployment rate is expected to be lower at 4.7 percent this year (4.8 percent estimated in September) and is seen at 4.5 percent in 2017 (4.6 percent estimated in September). Also, PCE inflation is expected to hit 1.5 percent versus 1.3 percent previously estimated and to reach 1.9 percent over the next year.2016-12-14T19:20:05.467"
Fed Raises Rates,Interest Rate,"Fed Raises RatesUnited States Interest RateThe Federal Reserve raised the target federal funds rate by 25 basis points to between 0.50 percent and 0.75 percent during its December 2016 meeting, as widely expected. Policymakers said that the labor market has continued to strengthen and that economic activity has been expanding at a moderate pace since mid-year. Also, inflation is expected to rise to 2 percent over the medium term as the transitory effects of past declines in energy and import prices dissipate and the labor market strengthens further. The decision was unanimous. 2016-12-14T19:05:05"
US Crude Oil Inventories Fall For 4th Straight Week: EIA,Crude Oil Stocks Change,"US Crude Oil Inventories Fall For 4th Straight Week: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 2.563 million barrels in the week ended December 9th, 2016, following a 2.389 million decline in the previous week and compared to market expectations of a 1.584 million decrease. It is the fourth consecutive drop and the biggest in eleven weeks. Meanwhile, gasoline stocks rose by 0.497 million, much lower than expectations of a 2.540 million increase. 2016-12-14T15:35:19.333"
US Business Inventories Fall The Most In 11 Months,Business Inventories,"US Business Inventories Fall The Most In 11 Months United States Business InventoriesManufacturers’ and trade inventories in the United States went down 0.2 percent month-over-month in October of 2016, after being flat in the previous period while market expected a 0.1 percent drop. It was the biggest fall since November 2015, as retail and wholesalers inventories decreased 0.4 percent. Retail inventories excluding autos, which go into the calculation of GDP declined 0.2 percent, following 0.1 percent drop in September. Year-on-year, inventories were up 0.4 percent.2016-12-14T15:11:54.13"
US Stocks Trade Mixed As Fed Decision Approaches,Stock Market,"US Stocks Trade Mixed As Fed Decision ApproachesUnited States Stock MarketUS equities traded mixed on Wednesday as investors remained cautious ahead of the Federal Reserve's latest decision regarding monetary policy. The Dow Jones and the S&P 500 traded near the flat line, while the Nasdaq added 5 points, or 0.1%, around 10 minutes after the opening bell.2016-12-14T14:38:59.907"
US Industrial Output Falls The Most Since March,Industrial Production Mom,"US Industrial Output Falls The Most Since MarchUnited States Industrial Production MomIndustrial production in the United States fell 0.4 percent month-over-month in November 2016, following an upwardly revised 0.1 percent gain in October and worse than market expectations of a 0.2 percent drop. It was the largest decline since March, due to a steep decrease in utility output and a dip in manufacturing.2016-12-14T14:18:09"
US Wholesale Prices Rise 0.4% MoM In November,Producer Price Inflation MoM,"US Wholesale Prices Rise 0.4% MoM In November United States Producer Price Inflation MoMProducer prices for final demand in the United States rose 0.4 percent in November from October of 2016, after being flat in the previous period and above market expectations of a 0.1 percent gain. Services cost increased 0.5 percent, the largest rise since January, following a 0.3 percent drop in October, led by higher prices for apparel, jewelry, footwear, and accessories retailing (+4.2 percent). Also, prices for goods moved up 0.2 percent, the third straight increase, mainly due to a 11.4 percent jump in iron and steel scrap. Excluding food and energy, prices went up 0.4 percent. Year-on-year, producer prices rose 1.3 percent, following a 0.8 percent increase in October and the biggest gain since November 2014. Excluding food and energy, the PPI advanced 1.6 percent. 2016-12-14T13:48:25"
U.S. Retail Sales Rise Less Than Expected,Retail Sales MoM,"U.S. Retail Sales Rise Less Than ExpectedUnited States Retail Sales MoMRetail sales in the United States increased 0.1 percent in November from October of 2016, below market estimates of 0.3 percent and following an downwardly revised 0.6 percent rise in the previous period. Nine of 13 major retail categories showed gains in November, led by restaurants and furniture stores, the Commerce Department report showed. Retail sales excluding automobiles and service stations increased 0.2 percent, less than the projected gain of 0.4 percent and following a revised 0.5 percent advance the previous month.2016-12-14T13:33:54"
Dollar Dips Before Fed Rate Decision,Currency,"Dollar Dips Before Fed Rate DecisionUnited States CurrencyThe dollar index dropped on Wednesday, ahead of the Federal Reserve's policy statement later in the day as investors expect interest rates to be raised for the first time this year while new forecasts for future rates will be released. The dollar inched down 0.2% to 100.86 against a basket of currencies around 12:15 PM London time; and it fell almost 1 percent during the week.2016-12-14T12:19:05.457"
US Mortgage Applications Drop For Third Week: MBA,Mortgage Applications,"US Mortgage Applications Drop For Third Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States decreased by 4 percent in the week ended December 9th 2016 from the prior period, the third consecutive week of decline, data from the Mortgage Bankers Association showed. Refinance applications went down 3.6 percent and applications to purchase a home dropped 3.3 percent. Average fixed 30-year mortgage rates rose 1bps to 4.28 percent, the highest level since October 2014.2016-12-14T12:07:19.887"
US Stocks Close At Fresh Records,Stock Market,"US Stocks Close At Fresh RecordsUnited States Stock MarketUS equities closed higher on Tuesday as investors awaited the Federal Reserve's December interest-rate announcement on Wednesday. The Fed is widely expected to raise interest rates for the first time this year. The Dow Jones gained 115 points, or 0.6%, to 19,911; the S&P 500 advanced 15 points, or 0.7%, to 2,272; and the Nasdaq rose 51 points, or 1%, to 5,464.2016-12-13T21:34:29.363"
US Stocks Rise As Fed Meeting Begins,Stock Market,"US Stocks Rise As Fed Meeting BeginsUnited States Stock MarketUS stocks gained on Tuesday, as the Fed began a two-day monetary policy meeting, where the first interest rate hike of 2016 is expected to be announced. The Dow Jones rose 77 points, or 0.4%; the S&P 500 gained 10 points, or 0.4%; and the Nasdaq Composite added 29 points, or 0.5%, around 10 minutes after the opening bell.2016-12-13T14:41:28.033"
US Export Prices Fall Less Than Expected In November,Export Prices MoM,"US Export Prices Fall Less Than Expected In NovemberUnited States Export Prices MoMUS export prices decreased 0.1 percent on month in November 2016, after increasing by 0.2 percent in October while better than market expectations of 0.2 percent drop. Prices of non-agricultural exports fell 0.1 percent, following a 0.2 percent growth, led by lower prices for industrial supplies and consumer goods. In contrast, agricultural exports' prices went up 0.6 percent, compared to a 0.5 percent growth in the previous month, driven by vegetables(+11.5 percent). Year-on-year, export prices declined 0.3 percent.2016-12-13T13:39:35.137"
US Import Prices Drop The Most In 9 Months,Import Prices MoM,"US Import Prices Drop The Most In 9 MonthsUnited States Import Prices MoMPrices for US imports decreased by 0.3 percent month-over-month in November 2016, following a downwardly revised 0.4 percent rise in October but above market consensus of a 0.4 percent fall. It was the largest drop since February, as import fuel prices fell 3.9 percent, after a 6.9 percent gain in October; while non-fuel prices fell for the second straight month by 0.1 percent. Despite rising throughout much of 2016, import prices remained down on a yearly basis, declining 0.1 percent between November 2015 and November 2016.2016-12-13T13:36:19"
US Small Business Confidence At Near 2-Yeah High,NFIB Business Optimism Index,"US Small Business Confidence At Near 2-Yeah HighUnited States NFIB Business Optimism IndexThe NFIB Business Optimism Index in the United States increased to 98.4 in November of 2016 from 94.9 in the previous month, above market expectations of 96.7. It was the highest figure since December 2014,  as business owners expected much better business conditions under new leadership in Washington (a net 38 percent from -6 percent). Also, small businesses expected higher sales (net 20 percent from 4 percent) and  job creation plans increased (net 23 percent from 9 percent). 2016-12-13T11:26:56"
US Stocks Finish Mostly Lower; Dow Closes At New Record,Stock Market,"US Stocks Finish Mostly Lower; Dow Closes At New RecordUnited States Stock MarketUS stocks closed mostly in the red on Monday despite a rally in oil prices as Treasury yields rose ahead of the Fed meeting on Wednesday. The S&P 500 index shed 3 points, or 0.1%, to 2,257, amid a selloff in financials and consumer discretionary shares; and the Nasdaq Composite fell 32 points, or 0.6%, to 5,413. Meanwhile, the Dow Jones gained 39 points, or 0.2%, to 19,796, the sixth consecutive record close.2016-12-12T21:18:54"
US Government Posts $137 Billion Deficit In November,Government Budget Value,"US Government Posts $137 Billion Deficit In NovemberUnited States Government Budget ValueThe US government posted a $137 billion budget deficit in November 2016, a 112 percent increase from a $65 billion gap the same month of the previous year, as outlays rose 25 percent to $337 billion while receipts fell 2 percent to $200 billion. The fiscal 2017 year-to-date deficit was $181 billion compared with $201 billion in the same period of fiscal 2016.2016-12-12T19:04:41"
US Equities Trade Mixed Ahead Of Fed,Stock Market,"US Equities Trade Mixed Ahead Of FedUnited States Stock MarketUS stocks traded mixed on Monday amid a rally in oil prices, as investors remained cautious ahead of a key Fed meeting on Wednesday. The Dow Jones rose 27 points, or 0.1%, while the S&P 500 was flat and the Nasdaq Composite declined 24 points, or 0.4%, around 15 minutes after the opening bell.2016-12-12T14:38:27"
10-Year US Treasury Yield Above 2.5% Ahead Of Fed,Government Bond 10Y,"10-Year US Treasury Yield Above 2.5% Ahead Of FedUnited States Government Bond 10YThe yield on the 10-year US Treasury rose as much as 3.85 basis points to 2.506% on Monday, the highest intraday level since September 26th, 2014, as markets are expecting Fed rate hike on Wednesday.2016-12-12T10:57:53"
"US Stocks Close At Record Highs, Best Week Since Election",Stock Market,"US Stocks Close At Record Highs, Best Week Since ElectionUnited States Stock MarketPost-election rally in US continued on Friday, led by consumer and health care stocks. The shares closed at fresh all-time highs: the Dow Jones added 142 points, or 0.7% to 19,757; the S&P 500 rose 13 points, or 0.6% to 2,259, the sixth straight day of gains and the best winning streak since June 2014; and the Nasdaq increased 27 points, or 0.5% to 5,444. On a week, the Dow Jones rose 3.1%; the S&P 500 went up 3% and the Nasdaq increased 3.6%.2016-12-09T21:39:33"
US Wholesale Inventories Fall 0.4% In October,Wholesale Inventories,"US Wholesale Inventories Fall 0.4% In OctoberUnited States Wholesale InventoriesWholesale stocks in the United States went down 0.4 percent to $587.7 billion in October from September 2016, in line with preliminary estimates, and following 0.1 percent growth in the previous period. Inventories of nondurable goods declined 0.4 percent, due to fall in drugs (-3.2 percent) and chemicals (-1.1 percent). Inventories of durable goods were down 0.3 percent, mainly due to decline in metals (-1 percent) and machinery (-1 percent).2016-12-09T15:12:42.457"
US Consumer Sentiment Rises To Nearly 2-Year High,Consumer Confidence,"US Consumer Sentiment Rises To Nearly 2-Year HighUnited States Consumer ConfidenceThe preliminary reading of the University of Michigan's consumer sentiment for the United States increased to 98 in December 2016 from a final reading of 93.8 in November. It was the highest reading since January 2015, as consumers expected a positive impact of new economic policies following Donald Trump’s election.2016-12-09T15:03:37"
US Stocks Open In Positive Territory On Friday,Stock Market,"US Stocks Open In Positive Territory On FridayUnited States Stock MarketPost-election rally in US continued on Friday, following gains in Europe and amid rising oil prices. The stocks rose to fresh highs: The Dow Jones added 27 points, or 0.1%; the S&P 500 rose 6 points, or 0.3%; and the Nasdaq gained 29 points, or 0.5%, around 15 minutes after the opening bell.2016-12-09T14:49:33"
US Stocks Close At Fresh Record High After ECB Decision,Stock Market,"US Stocks Close At Fresh Record High After ECB DecisionUnited States Stock MarketUS stocks rose on Thursday, with financials among the best performers after the European Central Bank kept interest rates unchanged and extended its quantitative easing programme until December 2017. The Dow Jones added 65 points, or 0.3%, to 19,615; the S&P 500 rose 5 point, or 0.2%, to 2,246; and the Nasdaq gained 24 points, or 0.4%, to 5,417.2016-12-08T21:13:21"
"Dow, S&P And Nasdaq Hit Record Highs After ECB Decision",Stock Market,"Dow, S&P And Nasdaq Hit Record Highs After ECB DecisionUnited States Stock MarketUS stocks rose on Thursday, with financials among the best performers after the European Central Bank kept interest rates unchanged and extended its quantitative easing programme until December 2017, albeit at a slower pace from April. The Dow Jones added 39 points, or 0.2%, to 19,589; the S&P 500 rose 1 point, or less than 0.1%, to 2,242; and the Nasdaq gained 8 points, or 0.2%, to 5,403, around 15 minutes after the opening bell.2016-12-08T14:48:49.61"
US Jobless Claims Decline From 5-Month High To 258K,Initial Jobless Claims,"US Jobless Claims Decline From 5-Month High To 258KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 10 thousand to 258 thousand in the week ended December 3rd from the previous week's unrevised level of 268 thousand and in line with market expectations. It was the 92nd straight week that claims were below 300 thousand, the longest stretch since 1970.2016-12-08T13:36:35.68"
"US Stocks Rise, Dow and S&P At Record Righ",Stock Market,"US Stocks Rise, Dow and S&P At Record RighUnited States Stock MarketWall Street closed sharply higher on Wednesday, with the Dow and the S&P 500 closing at record highs. The Dow Jones added 298 points or 1.6% to 19549.62, the third consecutive record close, mainly boosted by Nike and Home Depot. The S&P 500 gained 29 points or 1.3% to 2241.35 with real-estate and telecommunications leading gains and the Nasdaq went up 61 points or 1.1%.2016-12-07T21:37:12.87"
US Consumer Credit Rises Less Than Expected,Consumer Credit,"US Consumer Credit Rises Less Than ExpectedUnited States Consumer CreditConsumer credit in the United States increased by $16.02 billion in October of 2016, following an upwardly revised $21.8 billion rise in September and below market expectations of $19 billion. Non-revolving credit rose by $13.68 billion, after increasing by $17.7 billion in the previous month and revolving credit went up by $2.33 billion, compared with a $4.09 billion rise in September.2016-12-07T20:02:53.573"
US Crude Oil Inventories Fall for 3rd Straight Week: EIA,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 3rd Straight Week: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 2.389 million barrels in the week ended December 2nd, 2016, following 0.884 million decline in the previous week and compared to market expectations of a 1.032 million decrease. It is the third consecutive drop and the biggest in seven weeks. Meanwhile, gasoline stocks rose by 3.425 million, much higher than expectations of a 1.948 million increase. 2016-12-07T15:39:22.563"
US Job Openings Drop Slightly,Job Offers,"US Job Openings Drop SlightlyUnited States Job OffersThe number of job openings in the United States decreased by 97 thousand to 5.534 million in October 2016 from an upwardly revised 5.631 million in the previous month, and in line with market expectations. The number of positions waiting to be filled fell mainly in professional and business services (-187,000); federal government (-13,000) and mining and logging (-8,000). In contrast, job openings increased in health care and social assistance (+139,000). Among regions, job openings fell in the Northeast (-73,000); the West (-43,000) and the South (-28,000).2016-12-07T15:15:01"
US Stocks Fall Slightly On Wednesday,Stock Market,"US Stocks Fall Slightly On WednesdayUnited States Stock MarketUS equities traded mostly lower on Wednesday despite a rally in Europe and Asia, as oil prices continued to fall while investors remained cautious ahead of the ECB's monetary policy decision tomorrow. The S&P 500 went down 2 points, or 0.1%; and the Nasdaq declined 13 points, or 0.2%; while the Dow Jones traded near the flat line, around 10 minutes after the opening bell. 2016-12-07T14:46:15"
US Mortgage Applications Fall for 2nd Week,Mortgage Applications,"US Mortgage Applications Fall for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States declined 0.7 percent in the week ended December 2nd 2016 from the prior period, following a 9.4 percent slump in the previous week, data from the Mortgage Bankers Association showed. Refinance applications went down 0.7 percent while applications to purchase a home increased 0.4 percent. Average fixed 30-year mortgage rates rose 4bps to 4.27 percent, the highest since October of 2014.2016-12-07T12:12:02.307"
"US Stocks Rise, Dow At Record High For 2nd Day",Stock Market,"US Stocks Rise, Dow At Record High For 2nd DayUnited States Stock MarketWall Street closed in the green on Tuesday, boosted by telecoms and financials amid better-than-expected factory orders and a fall in exports in October. The Dow Jones added 35 points or 0.2% to close at a fresh high of 19251.78; the S&P 500 rose 8 points or 0.3% and the Nasdaq gained 24 points or 0.5%.2016-12-06T21:52:37.933"
US Economic Optimism Index Hits 10-Year High On Trump,Economic Optimism Index,"US Economic Optimism Index Hits 10-Year High On TrumpUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index rose to 54.8 in December 2016 from 51.4 in November, better than market expectations of 52.3. It was the highest figure since November 2006. The six-month economic outlook jumped by 4.1 points to 56.3, despite signs that the Fed might soon raise interest rates, suggesting that Americans are more focused on Trump's promises to reform the tax code, deregulate government and to repeal and replace ObamaCare. The measure of confidence in federal economic policies got the biggest lift from the election, increasing 5.2 points to 48.3, the highest since August 2007. The personal financial outlook index rose a modest 0.9 point to 59.8, but remained the highest of the three subindexes.


2016-12-06T15:25:54"
US Factory Orders Rise The Most in 1-1/2-Year,Factory Orders,"US Factory Orders Rise The Most in 1-1/2-YearUnited States Factory OrdersNew orders for manufactured goods in the United States jumped 2.7 percent month-over-month in October 2016, following an upwardly revised 0.6 percent rise in September and above market expectations of a 2.6 percent gain. It is the fourth consecutive increase and the highest since June of 2015, led by a 12 percent surge in transportation orders. Excluding transportation, factory orders rose 0.8 percent and orders for non-defense capital goods excluding aircraft, seen as a proxy for business confidence and spending plans rose 0.2 percent.2016-12-06T15:11:47.627"
US Stocks Edge Lower On Tuesday,Stock Market,"US Stocks Edge Lower On TuesdayUnited States Stock MarketUS stocks fell slightly on Tuesday amid a decline in oil prices, after data from the US showed labor productivity rose for the first time in one year and the trade deficit widened more than expected following a drop in exports. Meanwhile, investors remained cautious ahead of the Fed's meeting next week and ECB's policy decision on Thursday. The Dow Jones retreated 15 points, or 0.1%; the S&P 500 went down 2 points, or 0.1%; and the Nasdaq was flat around 15 minutes after the opening bell. 2016-12-06T14:51:29.257"
US Imports at 14-Month High,Imports,"US Imports at 14-Month HighUnited States ImportsTotal imports to the United States rose 1.3 percent month-over-month to $229.0 billion in October of 2016, reaching the highest since August last year. Imports of goods increased $2.8 billion to $186.5 billion: pharmaceutical preparations increased $0.7 billion; cell phones and other household goods went up $0.4 billion; capital goods rose $1.1 billion and computer accessories increased $0.6 billion while automotive vehicles, parts, and engines decreased $0.7 billion. Imports of services rose $0.2 billion to $42.4 billion: transport increased $0.2 billion.
2016-12-06T14:07:13.067"
US Exports Fall 1.8% in October,Exports,"US Exports Fall 1.8% in OctoberUnited States ExportsTotal exports of goods and services from the United States declined 1.8 percent month-over-month to $186.4 billion in October of 2016. It is the biggest decline since January. Sales of goods decreased $3.5 billion to $123.1 billion: foods, feeds, and beverages decreased $1.4 billion; soybeans fell $1.0 billion; corn went down $0.5 billion; industrial supplies and materials decreased $1.0 billion; nonmonetary gold dropped $0.5 billion; fuel oil decreased $0.5 billion and consumer goods went down $0.9 billion. Exports of services increased $0.1 billion to $63.3 billion, with transport, which includes freight and port services and passenger fares, rising $0.1 billion.2016-12-06T14:05:38"
US Q3 Nonfarm Labour Cost Growth Revised Up To 0.7%,Labour Costs,"US Q3 Nonfarm Labour Cost Growth Revised Up To 0.7%United States Labour CostsNonfarm business sector unit labor costs in the United States increased by an annualized 0.7 percent on quarter in the third quarter of 2016, compared to an upwardly revised 6.2 percent growth in the previous period and above the preliminary estimate of 0.3 percent gain. Hourly compensation went up by 3.8 percent and productivity advanced by 3.1 percent. Year-on-year, unit labor costs increased by 3 percent.2016-12-06T13:46:42.537"
US Trade Deficit Widens to 4-Month High in October,Balance of Trade,"US Trade Deficit Widens to 4-Month High in OctoberUnited States Balance of TradeThe trade gap in the US increased to $42.6 billion in October from a downwardly revised $36.2 billion in September. Exports dropped the most since January due to lower shipments of food, industrial supplies and materials, autos, consumer goods and soybeans while imports reached the highest in 14 months boosted by equipment and consumer goods.2016-12-06T13:38:10"
US Q3 Nonfarm Labour Productivity Rises 3.1% QoQ,Productivity,"US Q3 Nonfarm Labour Productivity Rises 3.1% QoQUnited States ProductivityNonfarm business sector labor productivity in the United States increased at a seasonally adjusted annual rate of 3.1 percent during the third quarter of 2016, following a 0.2 percent decline in the previous period and in line with preliminary figures. It was the first increase after three consecutive declines, as output grew by 3.6 percent and hours worked rose by 0.5 percent. Year-on-year, productivity was unchanged.2016-12-06T13:37:04"
"US Stocks Rise, Dow Closes At New High",Stock Market,"US Stocks Rise, Dow Closes At New HighUnited States Stock MarketWall Street closed higher on Monday, with investors shrugging off the results of Italian referendum, amid better-than-expected ISM non-manufacturing PMI data and a dollar retreat. The Dow Jones went up 46 points or 0.2% to close at a fresh record of 19216.24. In addition, the S&P 500 added 13 points or 0.6% and the Nasdaq gained 53 points or 1%.2016-12-05T21:20:22.28"
US Services Sector Growth at 13-Month High: ISM,Non Manufacturing PMI,"US Services Sector Growth at 13-Month High: ISM United States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index rose to 57.2 in November of 2016 from 54.8 in the previous month, beating market expectations of 55.4. It is the highest value since October last year, boosted by business activity and employment while new orders growth slowed.2016-12-05T15:07:56.48"
US Markit Composite PMI Confirmed At 11-Month High,Composite Pmi,"US Markit Composite PMI Confirmed At 11-Month HighUnited States Composite PmiThe seasonally adjusted final Markit US Composite PMI Output Index came in at 54.9 in November 2016, unchanged from October’s 11-month high and in line with preliminary estimate. Manufacturing production picked up at a sharp and accelerated pace in November (54.1 from 53.4 in October), service sector activity expanded at a slower pace (54.6 from 54.8). 2016-12-05T14:58:10"
US Markit Service PMI Revised Down in November,Services PMI,"US Markit Service PMI Revised Down in NovemberUnited States Services PMIThe seasonally adjusted final Markit US Services Business Activity Index fell to 54.6 in November 2016 from 54.8 in October and slightly below flash estimate of 54.7. New business rose at fastest pace since November 2015, as the launch of new projects and improving demand patterns boosted new orders; and the rate of job creation reached its strongest since July. Meanwhile, input cost inflation eased slightly during, which contributed to the slowest rise in average prices charged by service sector companies since April. 2016-12-05T14:53:17"
"US Stocks Rise, Dow Hits Fresh High",Stock Market,"US Stocks Rise, Dow Hits Fresh HighUnited States Stock MarketWall Street opened in the green on Monday amid a weaker dollar and rising oil prices as investors seemed to shrug off earlier concerns over Italy's referendum result and the resignation of Prime Minister Matteo Renzi. The Dow Jones rose 82 points or 0.4% to hit a record high of 19260, the S&P 500 added 10 points or 0.5% and the Nasdaq gained 25 points or 0.5% around 15 minutes after the opening bell. 2016-12-05T14:52:12"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street closed mixed on Friday after the jobs report for November showed the economy added more jobs than expected while earnings declined for the first time in two years. The Dow Jones fell 22 points or 0.1%, the S&P 500 closed nearly flat and the Nasdaq added 5 points or less than 0.1%. On the week, the Dow Jones rose less than 0.1%, marking the fourth straight week of gains. In contrast, the S&P 500 lost 1% and the Nasdaq fell 2.7%, ending a 3-week winning streak.2016-12-02T21:26:02.557"
NY Business Activity Rebounds in November,Ism New York Index,"NY Business Activity Rebounds in NovemberUnited States Ism New York IndexThe ISM NY Current Business Conditions Index rose to 52.5 in November of 2016, the highest in four months from 49.2 in October. The reading pointed to an expansion of a business sector as volume of purchases rebounded (56 from 44.3 in October) and faster pace of growth was reported for: employment (52.3 from 50.6), current revenues (52.1 from 51.4), expected revenues (66.7 from 60.3) and six-month outlook (60.8 from 56.9). Prices paid also went up (69.2 from 55.6). 2016-12-02T15:00:26"
US Stocks Mixed After Jobs Data,Stock Market,"US Stocks Mixed After Jobs DataUnited States Stock MarketWall Street opened mixed on Friday after the jobs report showed the economy added 178 thousand jobs in November, above expectations of 175 thousand while average hourly earnings declined 0.1 percent, the first drop in two years. The Dow Jones lost 21 points or 0.1% while the S&P 500 added 4 points or 0.2% and the Nasdaq traded 21 points or 0.4% higher around 10 minutes after the opening bell. 2016-12-02T14:50:20.947"
US Wages Fall For 1st Time in 2 Years,Average Hourly Earnings,"US Wages Fall For 1st Time in 2 YearsUnited States Average Hourly EarningsAverage hourly earnings in the United States declined by 0.1 percent or by 3 cents to $25.89 in November from October of 2016. It is the first fall in wages since December of 2014, defeating market expectations of a 0.2 percent gain. The decrease came after solid gains in October (+0.4 percent) and September (+0.3 percent). Biggest losses were recorded in the following sectors: utilities (-72 cents to $38.24); mining and logging (-46 cents to $31.76); durable goods (-20 cents to $27.43); goods producing (-15 cents to $27.09) and construction (-10 cents to $28.28). In contrast, financial activities (+10 cents to $32.7) and transportation and warehousing (+9 cents to $23.65) increased the most. Over the year, average hourly earnings went up by 2.5 percent.2016-12-02T14:00:46"
US Jobless Rate At 9-Year Low Of 4.6%,Unemployment Rate,"US Jobless Rate At 9-Year Low Of 4.6%United States Unemployment RateUS unemployment rate fell to 4.6 percent in November 2016 from 4.9 percent in the previous month and well below market expectations of 4.9 percent.  It was the lowest jobless rate since August 2007, as the number of unemployed persons declined by 387 thousand to 7.4 million while the labor force participation rate decreased by 0.1 percentage point to 62.7 percent. 2016-12-02T13:36:46"
US Economy Adds 178K Jobs in November,Non Farm Payrolls,"US Economy Adds 178K Jobs in NovemberUnited States Non Farm PayrollsNon Farm Payrolls in the United States increased by 178 thousand in November of 2016, higher than downwardly revised 142 thousand in October and above market expectation of 175 thousand. Employment gains occurred in professional and business services and in health care.2016-12-02T13:31:20"
"S&P and Nasdaq Fall, Dow Hits Record High",Stock Market,"S&P and Nasdaq Fall, Dow Hits Record HighUnited States Stock MarketWall Street closed mainly in the red on Thursday, dragged down by the tech sector despite a continued rally in oil prices and better-than-expected manufacturing PMI data. The S&P 500 lost 8 points or 0.4% and the Nasdaq fell 73 points or 1.4%. In contrast, the Dow Jones rose 68 points or 0.4% to a record close of 19191.93, mainly boosted by Goldman Sachs that gained more than 3%.2016-12-01T21:20:36.467"
US Construction Spending Rebounds in October,Construction Spending,"US Construction Spending Rebounds in OctoberUnited States Construction SpendingConstruction spending in the United States increased 0.5 percent month-over-month in October of 2016, after an upwardly revised flat reading in September and in line with market expectations. It reached USD 1.73 trillion, the highest since March. Public spending jumped 2.8 percent after a 0.4 percent rise in the previous month, mainly boosted by education (4.1 percent from 0.2 percent) and spending on highways/streets (1.9 percent from 2.8 percent). In contrast, private spending declined 0.2 percent, following a 0.1 percent drop in September, due to lower construction expenditure in manufacturing (-2.4 percent from -4.1 percent); lodging (-2.1 percent from -0.2 percent); office (-2 percent from -0.2 percent) and commercial (-0.7 percent from -0.3 percent). In contrast, spending in residential construction (1.6 percent from 0.6 percent) and transportation (5.1 percent from 1.9 percent) rose.2016-12-01T15:20:06.593"
US Factory Activity Growth Strengthens in November: ISM,Business Confidence,"US Factory Activity Growth Strengthens in November: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI rose to 53.2 in November 2016 from 51.9 in October, above market expectations of 52.2. It was the strongest reading in five months as new orders, production and inventories of raw materials came in stronger than in the previous month while employment growth slowed down. 2016-12-01T15:01:41"
US Markit Manufacturing PMI Revised UP,Manufacturing PMI,"US Markit Manufacturing PMI Revised UPUnited States Manufacturing PMIThe Final US Markit Manufacturing PMI increased to 54.1 in November of 2016 from 53.4 in October and above flash estimates of 53.9. It is the strongest reading since October last year as output rose the most in 20 months, payrolls increased and cost inflation slowed. 2016-12-01T14:59:10.99"
US Stocks Open Mostly Higher On Oil,Stock Market,US Stocks Open Mostly Higher On OilUnited States Stock MarketWall Street opened mainly in the green on Thursday as oil prices extended gains after OPEC reached the first deal to cut production since 2008 on Wednesday. The Dow Jones went up 57 points or 0.3% and the S&P 500 increased 3 points or 0.1% while the Nasdaq lost 6 points or 0.1% around 17 minutes after the open.2016-12-01T14:51:36
US Jobless Claims at 5-Month High,Initial Jobless Claims,"US Jobless Claims at 5-Month HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 17 thousand to 268 thousand in the week ended November 26th from the previous week's level of 251 thousand. It is the highest figure since the last week of June and above market expectations of 253 thousand. However, it is the 91st consecutive weeks of initial claims below 300,000, the longest streak since 1970.2016-12-01T13:33:43"
US Companies Cut The Least Jobs This Year: Challenger,Challenger Job Cuts,"US Companies Cut The Least Jobs This Year: ChallengerUnited States Challenger Job CutsThe pace of downsizing fell to the lowest level of the year in November, as U.S.-based employers announced plans to shed 26,936 workers from payrolls during the month. November job cuts were 12 percent lower than the 30,740 cuts announced in October. They were down 13 percent from last November, when job cuts totaled 30,953. To date, employers have announced 493,288 job cuts in 2016. That is 5.5 percent fewer than the 521,847 job cuts recorded by this point in 2015. The retail sector saw the heaviest job cutting in November, with 4,850 announced layoffs. Most of these resulted from the bankruptcy of American Apparel, which could impact nearly 3,500 workers.2016-12-01T12:34:53"
US Stocks End Month With Gains,Stock Market,"US Stocks End Month With GainsUnited States Stock MarketUS equities closed mostly lower on Wednesday, as declines in technology more than offset a rally in the energy sector while major indexes posted solid gains for the month following the US presidential election. The Dow finished flat at 19,124; the S&P 500 shed 6 points, or 0.3%, to 2,199; and the Nasdaq Composite slid 56 points, or 1.1%, to 5,324. For the month, the Dow gained 5.4%, the S&P added 3.4% and the Nasdaq Composite rose 2.6%.2016-11-30T21:30:42.03"
US Crude Oil Inventories Fall by 0.9M,Crude Oil Stocks Change,"US Crude Oil Inventories Fall by 0.9MUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 0.884 million barrels in the week ended November 25th 2016. It is the second consecutive drop in five weeks, compared to market expectations of a 0.636 million rise. Meanwhile, gasoline stocks rose by 2.097 million, much higher than expectations of a 1.156 million increase. 2016-11-30T15:33:20.197"
US Pending Home Sales Rise 1.8% YoY in October,Pending Home Sales,"US Pending Home Sales Rise 1.8% YoY in OctoberUnited States Pending Home SalesContracts to buy previously owned US homes increased by 1.8 percent year-on-year in October 2016, following a 2.4 percent growth in September. Compared to the previous month, sales edged up 0.1 percent, easing from a downwardly revised 1.4 percent gain and missing market expectations of a 0.2 percent rise. Across the nation's four regions, contracts rose by 0.4 percent in the Northeast, by 1.6 percent in the Midwest and by 0.7 percent in the West; while they fell 1.3 percent in the South.2016-11-30T15:07:24.377"
US Chicago PMI at 22-Month High,Chicago Pmi,"US Chicago PMI at 22-Month HighUnited States Chicago PmiThe MNI Chicago Business Barometer increased to 57.6 in November of 2016 from 50.6 in October and beating market expectations of 52. It is the highest reading since January of 2015 as four of the five barometer components increased. The rise in New Orders contributed the most to the increase (+10.7 points to 63.2). Production also rose, regaining  virtually all of October’s fall. Order Backlogs jumped out of contractionary territory, where it had been over the past three months, while Supplier Deliveries saw a smaller rise. Despite higher orders and output, demand for labor fell. Employment slipped back into contraction, making last month’s recovery short-lived.2016-11-30T14:57:03"
US Stocks Rise On Oil Rally,Stock Market,"US Stocks Rise On Oil RallyUnited States Stock MarketWall Street traded in the green on Wednesday, with the Dow and the S&P 500 hitting fresh highs amid a rally in oil prices after news that OPEC agreed on a plan to cut production. The Dow Jones went up 100 points or 0.5%, the S&P 500 added 8 points or 0.4% and the Nasdaq traded 7 points or 0.1% higher around 17 minutes after the opening bell.2016-11-30T14:49:34.257"
US Personal Spending Rises Less Than Expected,Personal Spending,"US Personal Spending Rises Less Than ExpectedUnited States Personal SpendingPersonal consumption expenditures in the United States increased by 0.3 percent month-over-month in October 2016, easing from an upwardly revised 0.7 percent growth in September and below market expectations of 0.5 percent gain. Consumption of goods rose by 1.3 percent while spending on services fell by 0.2 percent.2016-11-30T13:43:01.437"
US PCE Price Index Rises 0.2% MoM In October,PCE Price Index Monthly Change,"US PCE Price Index Rises 0.2% MoM In October United States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States edged up 0.2 percent month-over-month in October 2016, at the same pace as in the previous two months. Cost of services rose 0.2 percent (the same as in the previous month), and prices of goods went up 0.4 percent (from 0.3 percent growth in September). Compared to the same month a year earlier, the PCE price index went up 1.4 percent, following a 1.2 percent increase in September. Excluding food and energy, prices increased by 0.1 percent month-over-month and by 1.7 percent from the previous year, in line with market expectations.2016-11-30T13:41:26.053"
US Personal Income Growth Beats Expectations In October,Personal Income,"US Personal Income Growth Beats Expectations In October United States Personal IncomePersonal income in the United States increased by 0.6 percent month-over-month in October 2016, following an upwardly revised 0.4 percent growth in September and above market expectations of 0.4 percent gain. Compensation of employees went up 0.5 percent (from +0.4 percent in September), driven by a 0.5 percent rise in wages and salaries; personal income receipts on assets jumped 1.2 percent (from +0.2 percent) and personal current transfer receipts increased by 0.5 percent (from +0.1 percent).2016-11-30T13:35:58.44"
US Private Sector Adds Most Jobs in 5 Months: ADP,ADP Employment Change,"US Private Sector Adds Most Jobs in 5 Months: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 216 thousand workers in November of 2016 compared to a downwardly revised 119 thousand in October and much better than market expectations of 165 thousand. It is the highest figure since June. The service-providing sector added 228 thousand jobs, boosted by trade, transportation and utilities (+69 thousand), professional and business (+68 thousand) and financial activities (+12 thousand). Meanwhile, the goods-producing sector shed 11 thousand jobs, as jobs in manufacturing fell by 10 thousand while construction added 2 thousand. Large companies were the ones hiring more (90 thousand), followed by midsized (89 thousand) and small (37 thousand).
2016-11-30T13:24:21"
US Mortgage Applications Fall the Most Since July,Mortgage Applications,"US Mortgage Applications Fall the Most Since JulyUnited States Mortgage ApplicationsMortgage applications in the United States declined 9.4 percent in the week ended November 25th 2016 from the prior period, following a 5.5 percent rise in the previous week, data from the Mortgage Bankers Association showed. It is the biggest decline in 18 weeks as applications to purchase a home edged down 0.2 percent and refinance applications slumped 16.2 percent. Average fixed 30-year mortgage rates rose 7bps to 4.23 percent, the highest since July of 2015.

2016-11-30T12:16:44.687"
US Stocks Close Higher On Strong Economic Data,Stock Market,"US Stocks Close Higher On Strong Economic DataUnited States Stock MarketUS equities recovered from earlier losses to finish higher on Tuesday, led by health care and real estate, as stronger-than-expected data for GDP growth and consumer confidence boosted sentiment while investors remained cautious ahead of a key OPEC meeting on Wednesday. The Dow Jones rose 24 points, or 0.1%, to close at 19,122; the S&P 500 advanced 3 points, or 0.1%, to finish at 2,205; and the Nasdaq gained 11 points, or 0.2%, to close at 5,380.2016-11-29T21:13:20.627"
US Stocks Trade Nearly Flat on Tuesday,Stock Market,"US Stocks Trade Nearly Flat on TuesdayUnited States Stock MarketWall Street opened mainly flat on Tuesday amid falling oil prices ahead of OPEC's meeting tomorrow and despite an upward revision to Q3 GDP growth. The Dow Jones, the S&P 500 and the Nasdaq traded near the flatline around 15 minutes after the opening bell.2016-11-29T14:50:26.97"
US Home Prices Rise 5.1% YoY in September: Case-Shiller,Case Shiller Home Price Index YoY,"US Home Prices Rise 5.1% YoY in September: Case-ShillerUnited States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-City Composite Home Price Index in the US rose 5.1 percent year-on-year in September 2016, the same as in August and below market expectations of 5.2 percent. Prices in Seattle rose the most (+11 percent), followed by Portland (+10.9 percent) and Denver (+8.7 percent). Meanwhile, the national index, covering all nine US census divisions, rose by 5.5 percent year-on-year to surpass the peak set at the height of the housing boom in July 2006. On a monthly basis, the S&P CoreLogic Case-Shiller 20-City Composite Home Price Index increased by 0.4 percent, following a 0.3 percent gain in August.2016-11-29T14:17:50"
Dollar Gains After Strong GDP Data,Currency,"Dollar Gains After Strong GDP DataUnited States CurrencyThe dollar index rose 0.2% to 101.6 on Tuesday, after stronger-than-expected US gross domestic product data for the third quarter boosted expectations of higher US inflation.2016-11-29T14:02:55.1"
US Corporate Profits Rise 7.6% QoQ in Q3,Corporate Profits,"US Corporate Profits Rise 7.6% QoQ in Q3United States Corporate ProfitsCorporate profits in the United States increased by $112.7 billion, or 7.6 percent, to $1589.8 billion in the third quarter of 2016, after falling by 1.9 percent in the previous period, preliminary estimate showed. Net dividends rose by $18.8 billion, or 2 percent, to $972.8 billion and undistributed profits advanced by $93.9 billion, or 18 percent, to $617 billion. Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, went up by $109.6 billion, or 5.3 percent, to $2185.7 billion.2016-11-29T13:41:44.22"
US GDP Growth Revised Up to 3.2% in Q3,GDP Growth Rate,"US GDP Growth Revised Up to 3.2% in Q3United States GDP Growth RateThe US economy advanced an annualized 3.2 percent on quarter in the three months to September of 2016, up from 1.4 percent growth in the previous period and better than a 2.9 percent expansion in the advance estimate. It is the highest growth rate in two years, as consumer spending, exports and investment in structures rose faster than anticipated while fixed investment fell more, according to the second estimate released by the Bureau of Economic Analysis.2016-11-29T13:33:07"
US Stocks Fall on Monday,Stock Market,"US Stocks Fall on MondayUnited States Stock MarketWall Street closed in the red on Monday despite a nearly 2% rise in oil prices and led by a drop in financials. The Dow Jones lost 54 points or 0.3%, the S&P 500 declined 12 points or 0.5%, ending a 4-day wining streak and the Nasdaq finished 30 points or 0.6% lower. 2016-11-28T21:14:49.85"
Dallas Fed Manufacturing Index at Near 2-1/2-Year High,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index at Near 2-1/2-Year HighUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas jumped to 10.2 in November of 2016 from -1.5 in October. It is the highest reading since July of 2014 as expectations regarding future business conditions improved notably, with the index of future general business activity jumping 27 points to 31.6. Also, faster pace of growth was reported for: production (8.8 from 6.7 in October), capacity utilization (3.6 from 0.8), employment (4.5 from 0.2) and wages and benefits (18.4 from 16.4) while new orders fell less (-1.4 from -3.5). In contrast, shipments turned negative (-1.9 from 1.9).2016-11-28T15:44:20"
US Stocks Fall On Monday,Stock Market,"US Stocks Fall On MondayUnited States Stock MarketWall Street opened lower on Monday despite a recovery in oil prices, with the Dow and the S&P on track to finish a 4-day wining streak. The Dow Jones fell 47 points or 0.3%, the S&P 500 declined 5 points or 0.2% and the Nasdaq lost 15 points or 0.3% around 8 minutes after the opening bell. 2016-11-28T14:48:01.37"
US Stocks Hit New High on Black Friday,Stock Market,"US Stocks Hit New High on Black Friday United States Stock MarketWall Street closed higher on Friday after being closed for the Thanksgiving holiday on Thursday amid lower oil prices and a dollar retreat while investors await sales results for this year's Black Friday. The Dow and the S&P 500 hit record highs for the fourth session and the Nasdaq rebounded to a fresh high: the Dow Jones finished 69 points or 0.4% higher at 19152.14; the S&P 500 added 9 points or 0.4% to 2213.35 and the Nasdaq went up 18 points or 0.3% to 5398.92. On the week, the three major indexes gained for the third straight week: the Dow rose 1.5%, the S&P 500 went up 1.4% and the Nasdaq added 1.5%. 
2016-11-25T18:22:51.223"
US Private Sector Growth Remains At 2016 High,Composite Pmi,"US Private Sector Growth Remains At 2016 HighUnited States Composite PmiThe flash Markit US Composite PMI remained unchanged at 54.9 in November of 2016, staying at the highest level so far this year. Manufacturing activity expanded at a faster pace (53.9 from 53.4) while services eased slightly (54.7 from 54.8). 2016-11-25T15:09:07"
US Services Sector Grows Less Than Expected,Services PMI,"US Services Sector Grows Less Than ExpectedUnited States Services PMIThe flash Markit US Services PMI decreased slightly to 54.7 in November of 2016 from 54.8 in the previous month, below expectations of 54.8. Still, the reading pointed to the ninth consecutive month of expansion as new orders rose the most in 12 months and new business growth accelerated for the second time. In contrast, backlogs of work fell for the first time since June, payrolls increased only modestly and inflation slowed for both input and output charges. 2016-11-25T14:58:31"
"Dow, S&P 500 at New High on Black Friday",Stock Market,"Dow, S&P 500 at New High on Black FridayUnited States Stock MarketWall Street opened mainly higher on Friday after being closed for the Thanksgiving holiday in the previous session. The Dow and the S&P 500 hit fresh highs amid lower oil prices and a dollar retreat while investors await sales results for this year's Black Friday. The Dow Jones was up 43 points or 0.3%, the S&P 500 increased 3 points or 0.1% and the Nasdaq traded nearly flat around 5 minutes after the opening bell.

2016-11-25T14:42:02"
"Dow, S&P 500 Close At Record High For Third Day",Stock Market,"Dow, S&P 500 Close At Record High For Third DayUnited States Stock MarketUS stocks closed mostly higher on Wednesday, with the Dow Jones and the S&P 500 finishing at record highs for a third straight session, after strong data for durable goods orders and manufacturing activity boosted sentiment while minutes from last FOMC meeting raised expectations that the Fed will hike rates in December. The Dow Jones Industrial Average added 59 points, or 0.3%, to 19,083; and the S&P 500 gained 2 points, or 0.1%, to 2,205. Meanwhile, the Nasdaq Composite fell 6 points, or 0.1%, to 5,381.2016-11-23T21:25:50.577"
Fed Says Case for Rate Hike Strengthened,Interest Rate,"Fed Says Case for Rate Hike StrengthenedUnited States Interest RateFederal Reserve policymakers consider the case for a rate hike continued to strengthen and that it would be appropriate to raise rates relatively soon, depending on further evidence of progress on inflation and employment, minutes from FOMC meeting held on November 1-2 showed. 2016-11-23T19:30:35"
US Crude Oil Inventories Fall by 1.3M,Crude Oil Stocks Change,"US Crude Oil Inventories Fall by 1.3MUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.255 million barrels in the week ended November 18th 2016. It is the first drop in four weeks, compared to market expectations of a 0.67 million rise. Meanwhile, gasoline stocks rose by 2.317 million, much higher than expectations of a 0.64 million increase. 2016-11-23T15:36:18.007"
US New Home Sales at 4-Month Low,New Home Sales,"US New Home Sales at 4-Month LowUnited States New Home SalesSales of new single-family houses in the United States declined 1.9 percent to a seasonally adjusted annual rate of 563,000 in October of 2016, compared to market expectations of a 0.3 percent rise. Figures for the previous month were revised down by 19,000 to 574,000. 2016-11-23T15:05:54"
US Consumer Sentiment Revised Up to 6-Month High,Consumer Confidence,"US Consumer Sentiment Revised Up to 6-Month HighUnited States Consumer ConfidenceThe final reading of the University of Michigan's consumer sentiment for the United States rose to 93.8 in November 2016 compared to a preliminary figure of 91.6 and a final 87.2 in October. It was the strongest reading since May this year, as consumers' expectations regarding their personal finances and prospects for the national economy improved sharply.2016-11-23T15:04:22"
US Manufacturing PMI at 13-Month High: Markit,Manufacturing PMI,"US Manufacturing PMI at 13-Month High: MarkitUnited States Manufacturing PMIThe flash Markit US Manufacturing PMI increased to 53.9 in November of 2016 from 53.4 in October and above expectations of 53.4. It is the highest reading since October last year as output growth and new orders accelerated and inventories increased. 
2016-11-23T14:54:56"
US Stocks Fall on Wednesday,Stock Market,"US Stocks Fall on WednesdayUnited States Stock MarketWall Street traded mainly in the red on Wednesday, after breaking record highs in the previous two sessions in spite of better-than-expected durable goods orders, higher jobless claims and a dollar strength and as investors await FOMC minutes release later in the day. The Dow Jones traded nearly flat while the S&P 500 fell 6 points or 0.3% and the Nasdaq lost 30 points or 0.6% around 10 minutes after the opening bell.
2016-11-23T14:47:09"
Dollar Surges to Fresh 13-1/2-Year High,Currency,"Dollar Surges to Fresh 13-1/2-Year HighUnited States CurrencyThe dollar index rose 0.6% to 101.7 on Wednesday, hitting a fresh high since March 2003, after durable goods order data came in stronger than expected boosting expectations the Fed could raise rates next month.2016-11-23T14:44:26"
FHFA House Price Index Rise More Than Expected,FHFA House Price Index MoM,"FHFA House Price Index Rise More Than ExpectedUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.6 percent month-over-month in September 2016, following a 0.7 percent increase in August and above market forecasts of a 0.5 percent gain. Year-on-year, the FHFA house price index went up 6.1 percent compared to a 6.4 percent increase the previous month. 2016-11-23T14:10:26"
US Durable Goods Rise More Than Expected,Durable Goods Orders,"US Durable Goods Rise More Than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods jumped 4.8 percent month-over-month in October of 2016, following an upwardly revised 0.4 percent gain in September and beating market expectations of a 1.5 percent increase. It is the biggest gain since October last year, mainly boosted by a 12 percent surge in transport equipment. Excluding transportation, new orders increased 1 percent and excluding defense, new orders went up 5.2 percent. Non-defense capital goods orders excluding aircrafts, a proxy for business spending increased 0.4 percent. 2016-11-23T13:38:37"
US Jobless Claims Rise to 251K,Initial Jobless Claims,"US Jobless Claims Rise to 251K United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 18 thousand to 251 thousand in the week ended November 19th from the previous week's revised level of 233 thousand and slightly above market expectations of 250 thousand. This marks 90 consecutive weeks of initial claims below 300 thousand, the longest streak since 1970.2016-11-23T13:35:31"
US Mortgage Applications Rise for 1st Time in 5 Weeks,Mortgage Applications,"US Mortgage Applications Rise for 1st Time in 5 Weeks United States Mortgage ApplicationsMortgage applications in the United States jumped 5.5 percent in the week ended November 18th 2016 from the prior period, following a 9.2 percent fall in the previous week, data from the Mortgage Bankers Association showed. It is the biggest increase since August as applications to purchase a home jumped 18.8 percent while refinance applications went down 3.1 percent. Average fixed 30-year mortgage rates went up 21bps to 4.16 percent, the highest so far this year.2016-11-23T12:11:04.29"
US Stocks Close at Fresh Record High,Stock Market,"US Stocks Close at Fresh Record HighUnited States Stock MarketWall Street closed in the green on Tuesday, with the three major indexes finishing at new all-time highs for the second straight session amid volatile oil prices and better-than-expected existing home sales data. The Dow Jones gained 67 points or 0.4% to close at 19023.87; the S&P 500 rose 5 points or 0.2% to 2202.94 and the Nasdaq went up 17 points or 0.3% to 5386.35.2016-11-22T21:23:56.903"
US Richmond Fed Manufacturing Index At 4-Month High,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index At 4-Month HighUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia went up to 4 in November of 2016 from -4 in the previous month, beating market expectations of 1. The index returned to the expansion for the first time since July, as new orders rebounded (7 from -12 in October); and employment increased (5 from 3). Meanwhile, shipments edged down (1 from 2); wage growth slowed slightly (16 from 18) and backlogs decreased further (-12 from -11). 2016-11-22T15:10:10.283"
US Existing Home Sales at 9-1/2-Year High,Existing Home Sales,"US Existing Home Sales at 9-1/2-Year HighUnited States Existing Home SalesSales of previously owned houses in the United States rose 2 percent to a seasonally adjusted annual rate of 5600 thousand in October of 2016. It is the highest figure since February of 2007, beating market expectations of a 0.5 percent fall or 5430 thousand. Sales of single family homes went up 2.3 percent to 4990 thousand while those of condos were flat at 610 thousand. The average price fell 1 percent and the months’ worth of supply went down to 4.3 from 4.4.
2016-11-22T15:06:07"
US Stocks Hit Fresh High,Stock Market,"US Stocks Hit Fresh HighUnited States Stock MarketWall Street opened in the green on Tuesday with all three major indexes again breaking record highs while the dollar index traded nearly flat and oil prices gained slightly. The Dow Jones added 45 points or 0.2% to trade above 19,000; the S&P 500 rose 5 points or 0.2% to above 2203 and the Nasdaq gained 16 points or 0.3% to above 5386 around 8 minutes after the opening bell.
2016-11-22T14:45:32"
US Stocks Close at Record High,Stock Market,"US Stocks Close at Record HighUnited States Stock MarketWall Street closed in the green on Monday, with the three major indexes finishing at all-time highs amid a surge in oil prices and a dollar retreat. The Dow Jones gained 89 points or 0.5% to close at 18956.69; the S&P 500 rose 16 points or 0.8% to 2198.18 and the Nasdaq went up 47 points or 0.9% to 5368.86.2016-11-21T21:17:54.357"
"US Stocks Rise, Reach Intraday High",Stock Market,"US Stocks Rise, Reach Intraday HighUnited States Stock MarketWall Street opened in the green on Monday amid a dollar retreat and a rise in oil prices. The Dow Jones added 58 points or 0.3%, the S&P 500 gained 10 points or 0.4% and the Nasdaq rose 28 points or 0.5% around 8 minutes after the opening bell. All the three indexes reached record intraday high.2016-11-21T14:49:06"
Chicago Fed National Activity Index Improves in October,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Improves in OctoberUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States increased to -0.08 in October of 2016 from an upwardly revised -0.23 in September. All four broad categories of indicators that make up the index increased from September, but all four categories again made nonpositive
contributions to the index in October. The contribution from production-related indicators rose to –0.04 from –0.1; sales, orders, and inventories made a contribution of –0.01, up from –0.03; employment-related indicators made a neutral contribution, up slightly from –0.01 in September and the contribution of the personal consumption and housing category edged up to –0.03 from –0.09. 2016-11-21T13:44:35"
"US Stocks Finish Lower On Friday, Gain On Week",Stock Market,"US Stocks Finish Lower On Friday, Gain On WeekUnited States Stock MarketWall Street closed in the red on Friday dragged down by healthcare sector and stronger dollar. The Dow Jones went down 36 points or 0.2%, the S&P 500 lost 5 points or 0.2% and the Nasdaq declined 12 points or 0.2%, after hitting a record intraday high. Meanwhile, on a week, Dow Jones added 0.1%, the S&P 500 increased 0.8% and the Nasdaq rose 1.6%.2016-11-18T21:24:54"
Dollar at Near 14-Year High,Currency,"Dollar at Near 14-Year HighUnited States CurrencyThe dollar index strengthened for the 10th straight day to 101.3 on Friday, hitting a fresh high since March of 2003. The greenback has been climbing since Trump's victory and gains accelerated after Fed Chair Yellen signaled on Thursday the Fed could raise rates next month.2016-11-18T16:37:41"
"US Stocks Trade Mixed, Nasdaq Hits Intraday High",Stock Market,"US Stocks Trade Mixed, Nasdaq Hits Intraday HighUnited States Stock MarketWall Street opened mixed on Friday amid a higher dollar and rising oil prices while investors await Fed officials speeches during the day for further clues on Fed's next move. The Dow Jones went down 25 points or 0.1% and the S&P 500 traded flat around 7 minutes after the opening bell. Meanwhile the Nasdaq added 5 points or 0.1% hitting a record intraday high.
2016-11-18T14:42:18"
Dollar Hits New 13-1/2-Year High,Currency,"Dollar Hits New 13-1/2-Year HighUnited States CurrencyThe dollar index strengthened for the 10th straight day to 101.2 on Friday, hitting a fresh high since March of 2003. The greenback has been climbing since Trump's victory and gains accelerated after Fed Chair Yellen signaled on Thursday the Fed could raise rates next month.2016-11-18T08:47:56.677"
US Stocks Finish Higher After Yellen Speech,Stock Market,"US Stocks Finish Higher After Yellen Speech United States Stock MarketWall Street closed in the green on Thursday, near-record high levels, after Fed Chair Yellen said a rate hike could be appropriate relatively soon and better-than-expected data for housing starts, building permits, jobless claims and consumer prices. The Dow Jones gained 36 points or 0.2%, the S&P 500 rose 10 points or 0.5% and the Nasdaq added 39 points or 0.7%.2016-11-17T21:21:33"
Dollar at Fresh 13-1/2-Year High,Currency,Dollar at Fresh 13-1/2-Year HighUnited States CurrencyThe dollar index hit a new 13-1/2-year high of 100.8 on Thursday after comments from Fed Chair Yellen suggested Fed could raise rates next month. 2016-11-17T18:14:15
US Stocks Open Slightly Higher on Thursday,Stock Market,"US Stocks Open Slightly Higher on ThursdayUnited States Stock MarketWall Street traded in the green on Thursday amid a dollar retreat and after better-than-expected data for housing starts, building permits, jobless claims and consumer prices. Meanwhile, investors await Fed Chair Yellen testimony before Congress although prepared remarks showed a December rate hike is still on the table. The Dow Jones gained 20 points or 0.1%, the S&P 500 was up 4 points or 0.2% and the Nasdaq added 6 points or 0.1% around 10 minutes after the opening bell.2016-11-17T14:51:19"
Philadelphia Fed Manufacturing Index Falls in November,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Falls in NovemberUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index decreased to 7.6 in November of 2016 from 9.7 in October. It is the lowest reading in three months and compared to market expectations of 8. The new orders index rose to 18.6 from 16.3; shipments increased to 19.5 from 15.3 and inventories rebounded (13.4 from -12.8). In contrast, employment remained negative (-2.6 from -4) and inflationary pressures increased with the prices paid index rising to 27.5 (from 7) and prices received to 16 (from -3.7).

2016-11-17T13:49:54"
US Building Permits Beat Estimates in October,Building Permits,"US Building Permits Beat Estimates in OctoberUnited States Building PermitsBuilding Permits in the United States rose by 0.3 percent month-over-month to 1229 thousand in October 2016, better than market expectations of 1198 thousand. It was the highest figure since November last year, as authorizations of units in buildings with single-family rose 2.7 percent to a rate of 762 thousand, while five units or more dropped by 1.8 percent to 439 thousand. Building permits went up mostly in the Midwest (+12.1 percent) and West (+7.5 percent), but fell in the Northeast (-21.1 percent) and in the South (-2.4 percent).2016-11-17T13:37:25"
US Housing Starts Rise to 9-Year High in October,Housing Starts,"US Housing Starts Rise to 9-Year High in OctoberUnited States Housing StartsHousing starts in the United States climbed 25.5 percent from the previous month to a seasonally adjusted annualized rate of 1323 thousand in October 2016, way above market expectations of 1156 thousand. It was the highest reading since August 2007 and the biggest increase since July 1982, as single-family housing starts advanced 10.7 percent and those for the volatile multi-family segment soared 68.8 percent. Starts increased in all four regions. Meanwhile, building permits rose 0.3 percent to 1229 thousand while markets were expecting a 2.9 percent drop.2016-11-17T13:36:21"
US Initial Jobless Claims at Fresh 43-Year Low,Initial Jobless Claims,US Initial Jobless Claims at Fresh 43-Year Low United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 19 thousand to 235 thousand in the week ended November 12th from the previous week's unrevised level of 254 thousand. The figure came in below market expectations of 257 thousand to hit the lowest level since November 1973. 2016-11-17T13:35:01.187
US Inflation Rate Hits 2-Year High of 1.6%,Inflation Rate,"US Inflation Rate Hits 2-Year High of 1.6%United States Inflation RateConsumer prices in the United States went up 1.6 percent year-on-year in October of 2016, up from a 1.5 percent rise in September and in line with market expectations. It is the highest inflation rate since October of 2014, boosted by rising shelter and energy cost while food prices declined for the second month. On a monthly basis, consumer prices increased 0.4 percent, above market expectations of 0.3 percent. 2016-11-17T13:34:54"
Fed Might Raise Rates Relatively Soon,Interest Rate,"Fed Might Raise Rates Relatively SoonUnited States Interest RateThe case for a rate hike continued to strengthen and such an increase could be appropriate relatively soon, signalling a hike in December is still on the table, prepared remarks of Fed's Chair Yellen testimony before Congress showed. Fed Chair also added that delaying rates increases for too long could result in having to tighten policy relatively abruptly.2016-11-17T13:21:39"
Dollar Pulls Back from 13-Year High,Currency,Dollar Pulls Back from 13-Year HighUnited States CurrencyThe dollar index retreated to around 100 on Thursday after touching a 13-year high in the previous day. Investors await Fed Chair Yellen testimony before Congress later in the afternoon for hints on Fed's next moves. The greenback has been strengthening since Trump's victory amid expectations that tax cuts and fiscal spending under the new administration will boost inflation and make the Fed to tighten more often.2016-11-17T12:01:28.153
US Stocks Finish Mixed on Wednesday,Stock Market,"US Stocks Finish Mixed on WednesdayUnited States Stock MarketWall Street closed mixed on Wednesday, as post-election rally has eased. The Dow Jones fell 55 points or 0.3%, after posting four straight record closes, dragged down by financial sector, and the S&P 500 declined 3 points or 0.2% while the Nasdaq added 19 points or 0.4%.2016-11-16T21:20:44.067"
US Net Capital Outflow $152.9B in September,Capital Flows,"US Net Capital Outflow $152.9B in September United States Capital FlowsOverseas investors sold $152.9 billion of US assets in September of 2016, including short-dated instruments after buying a downwardly revised $40 billion in August. Foreigners also sold $63.3 billion of long-term US securities, including government and corporate, after buying a downwardly revised $28.5 billion in the previous month. Foreign investors sold a record $76.6 billion of US Treasuries, after selling $24.8 billion in August. 2016-11-16T21:09:35"
US Crude Oil Inventories Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 5.274 million barrels in the week ended November 11th 2016. It is the third straight week of rising inventories and above market expectations of a 1.48 million increase. Meanwhile, gasoline stocks went up by 0.746 million barrels while markets were expecting a 0.416 million fall.
2016-11-16T15:36:26.113"
US Homebuilder Sentiment Steady in November,Nahb Housing Market Index,"US Homebuilder Sentiment Steady in NovemberUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States was steady at 63 in November from October of 2016, matching market expectations. Current single-family home sales remained at 69 and buyer traffic rose 1 point to 47 while sales expectations over the next six months edged down 2 points to 69. Most data was collected before the November presidential elections. 2016-11-16T15:10:27.253"
US Stocks Fall on Wednesday,Stock Market,"US Stocks Fall on WednesdayUnited States Stock MarketWall Street opened lower on Wednesday amid falling oil prices, a rising dollar and lower-than-expected PPI and industrial production data. The Dow Jones fell 61 points or 0.3%, after posting four straight record closes, the S&P 500 declined 4 points or 0.2% and the Nasdaq traded 4 points or 0.1% lower around 10 minutes after the opening bell.2016-11-16T14:45:37.523"
US Industrial Production Flat in October,Industrial Production Mom,"US Industrial Production Flat in OctoberUnited States Industrial Production MomIndustrial output in the United States was unchanged in October from September of 2016, following a 0.2 percent drop in the previous period and lower than market expectations of a 0.2 percent gain. Warmer-than-normal temperatures reduced the demand for heating, hurting utilities output and offsetting gains in mining and manufacturing. 2016-11-16T14:21:27"
US Producer Prices Flat in October,Producer Price Inflation MoM,"US Producer Prices Flat in OctoberUnited States Producer Price Inflation MoMProducer prices for final demand in the United States were unchanged in October from September of 2016, following a 0.3 percent rise in the previous period and below market expectations of a 0.3 percent gain. Services cost fell 0.3 percent, following a 0.1 percent rise in both August and September, mainly due to a 5.7 percent drop in prices for securities brokerage, dealing, investment advice, and related services. In contrast, prices for goods moved up 0.4 percent, the second straight increase, mainly due to a 9.7 percent jump in gasoline cost. Excluding food and energy, prices declined 0.2 percent. Year-on-year, producer prices rose 0.8 percent, following a 0.7 percent increase in September and the biggest gain since December of 2014. Excluding food and energy, the PPI rose 1.2 percent. 2016-11-16T13:40:06"
Dollar Hits 13-Year High,Currency,"Dollar Hits 13-Year HighUnited States CurrencyThe dollar index gained for the eighth straight day on Wednesday, hitting 100.5, the highest since April of 2003 amid expectations that a fiscal boost and tax cuts under Trump's presidency will lead to more Fed rate hikes.2016-11-16T13:03:20"
US Mortgage Applications Fall For 4th Straight Week: MBA,Mortgage Applications,"US Mortgage Applications Fall For 4th Straight Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States decreased sharply by 9.2 percent in the week ended November 11th 2016 from the prior period, following a 1.2 percent fall in the previous week, data from the Mortgage Bankers Association showed. It was the fourth consecutive month of decline. Refinance applications went down 10.9 percent and applications to purchase a home dropped 6.2 percent. Average fixed 30-year mortgage rates went up 18bps to 3.95 percent, the highest since January.2016-11-16T12:03:11.98"
"US Stocks Rise, Dow Closes at Record High for 4th Session",Stock Market,"US Stocks Rise, Dow Closes at Record High for 4th SessionUnited States Stock MarketUS equities closed higher on Tuesday, boosted by a rally in oil prices and energy shares and a sharp rebound in the technology sector. The Dow Jones added 54 points, or 0.3%, to finish at 18,923, notching a new all-time closing high and extending its winning streak for a seventh session; the S&P 500 rose 16 points, or 0.8%, to end at 2,180.; and the Nasdaq Composite Index advanced 57 points, or 1.1%, to close at 5,275.2016-11-15T21:18:16"
US Business Inventories Rise Less Than Expected,Business Inventories,"US Business Inventories Rise Less Than ExpectedUnited States Business InventoriesManufacturers’ and trade inventories in the United States edged up 0.1 percent month-over-month in September of 2016, following a 0.1 percent gain in August and lower than market expectations of a 0.2 percent increase. Retail inventories excluding autos, which go into the calculation of GDP were flat after rising 0.1 percent in August. Year-on-year, inventories were up 0.6 percent.2016-11-15T15:08:57.123"
US Stocks Open Mixed on Tuesday,Stock Market,"US Stocks Open Mixed on TuesdayUnited States Stock MarketWall Street opened mixed on Tuesday amid better-than-expected retail sales data and a rebound in oil prices while the bond rout eased. The Dow Jones lost 32 points or 0.2%, struggling to hold its seventh day of gains. In contrast, the S&P 500 was up 5 points or 0.2% and the Nasdaq gained 33 points or 0.6% around 11 minutes after the opening bell.2016-11-15T14:47:34"
NY General Business Conditions Improve in November,NY Empire State Manufacturing Index,"NY General Business Conditions Improve in NovemberUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index increased to 1.5 in November 2016 from -6.8 in October, better than than market expectations of -2.5. It was the first rise in activity in four months and the highest reading since June this year. The new orders and shipments indexes also turned positive, while labor market conditions remained weak. The inventories index fell sharply, pointing to a marked decline in inventory levels. Meanwhile, both input and selling prices grew at a slower pace. Indexes for the six-month outlook conveyed somewhat less optimism about future conditions than in October.2016-11-15T13:52:50.653"
US Export Prices Rise 0.2% MoM In October,Export Prices MoM,"US Export Prices Rise 0.2% MoM In October United States Export Prices MoMUS export prices rose 0.2 percent on month in October 2016, after increasing by 0.3 percent in September and in a line with market expectations. Prices of agricultural exports' went up 0.4 percent, compared to a 1.1 percent drop in the previous month, led by fruits (+4.4 percent), nuts (+5.1 percent), and wheat (+4 percent). Also, cost of non-agricultural exports rose 0.2 percent, following a 0.4 percent growth, as higher prices for industrial supplies and materials and automotive vehicles more than offset falling prices for consumer and capital goods. Year-on-year, export prices declined 1.1 percent, the lowest fall since October 2014. 2016-11-15T13:39:26.48"
US Retail Sales Rise for 2nd Month,Retail Sales MoM,"US Retail Sales Rise for 2nd MonthUnited States Retail Sales MoMRetail sales in the United States increased 0.8 percent month-over-month in October from September of 2016, following an upwardly revised 1 percent rise in the previous period. Figures beat market expectations of a 0.6 percent gain, boosted by sales of motor vehicles and a range of other goods.2016-11-15T13:35:13.937"
US Import Prices Rise More Than Expected in October,Import Prices MoM,"US Import Prices Rise More Than Expected in October United States Import Prices MoMPrices for US imports increased by 0.5 percent month-over-month in October 2016, following an upwardly revised 0.2 percent rise in September and beating market consensus of a 0.4 percent gain. Import fuel prices climbed 7.2 percent, after a 1.5 percent growth in September; while non-fuel prices fell for the second straight month by 0.1 percent. Compared to the same month of the previous year, import prices declined 0.2 percent.2016-11-15T13:34:46.357"
"US Stocks Finish Mixed, Dow At Record High",Stock Market,"US Stocks Finish Mixed, Dow At Record High United States Stock MarketWall Street closed mixed on Monday after a bond selloff, as investors continued to digest the outcome of Trump's victory. The Dow Jones added 21 points or 0.11%, to close at a record high of 18689 while the S&P 500 finished near the flatline and the Nasdaq lost 19 points or 0.4%.2016-11-14T21:22:08"
US Stocks Ease on Monday,Stock Market,"US Stocks Ease on MondayUnited States Stock MarketWall Street traded flat to lower on Monday morning NY time as the post-election rally seemed to fade amid a rising dollar, falling oil prices and a bond selloff. The Dow Jones traded nearly flat after touching a record high at the open and the S&P 500 and the Nasdaq turned negative.2016-11-14T16:42:34.1"
Post-Election Stock Rally Continues on Monday,Stock Market,"Post-Election Stock Rally Continues on MondayUnited States Stock MarketWall Street opened mainly higher on Monday, with the Dow touching a fresh record high amid a stronger dollar and a bond sell-off. The Dow Jones went up 50 points or 0.3%, the S&P 500 added 3 points or 0.1% and the Nasdaq traded nearly flat around 16 minutes after the opening bell.2016-11-14T14:49:26"
US Bond Yields Continue to Rise on Monday,Government Bond 10Y,"US Bond Yields Continue to Rise on MondayUnited States Government Bond 10YUS government debt prices continued to fall on Monday with the yield on the 10-year US Treasury touching 2.2%, the highest since January. The bond selloff intensified after Trump's victory last week, amid rising expectations that a fiscal boost and tax cuts under Trump's presidency will raise inflation and make the Fed to tighten faster than expected. The 30-year US Treasury yield reached 3%, also the highest since January. 2016-11-14T14:00:02"
Dollar Hits 11-Month High,Currency,"Dollar Hits 11-Month HighUnited States CurrencyThe dollar index gained for the sixth straight day on Monday, hitting 99.9, the highest since December last year amid rising expectations of a fiscal boost and tax cuts under Trump's presidency and more Fed rate hikes. The greenback was up 1.3% against the Euro at 1.07; 0.5% against the Pound; 1% against the yen; 1% against the Swiss franc and 0.3% against the Loonie around 9:30 AM London time.2016-11-14T09:36:16.493"
"Dow Closes at Record High, Best Week in 5 Years",Stock Market,"Dow Closes at Record High, Best Week in 5 YearsUnited States Stock MarketThe Dow Jones added 40 points or 0.2% to close at a record high of 18847.66 on Friday, recovering from earlier losses. On the week, the Dow Jones rallied 5.4%, the biggest gain since 2011 as Trump’s victory raised expectations of a fiscal boost. Meanwhile, the Nasdaq went up 28 points or 0.5% for a 3.8% rise on the week; the S&P 500 lost 3 points or 0.1%, dragged down by energy shares on lower oil prices. However, it finished the week 3.8% higher. 2016-11-11T21:27:40.36"
US Consumer Sentiment Up to 5-Month High,Consumer Confidence,"US Consumer Sentiment Up to 5-Month HighUnited States Consumer ConfidenceThe preliminary reading of the University of Michigan's consumer sentiment for the United States increased to 91.6 in November of 2016 from a final reading of 87.2 in October. It is the highest reading since June as consumers were more confident about future and present conditions and inflation expectations increased.

2016-11-11T15:14:39"
Post-Election Rally Fades,Stock Market,"Post-Election Rally Fades United States Stock MarketWall Street opened in the red on Friday with the rally seen since the elections fading, as investors digest the effects of Trump's victory and uncertainty over future immigration, trade and foreign policies. However, stocks were still on track to post the best week of the year. The Dow Jones was down 15 points or 0.1%, the S&P 500 dropped 8 points or 0.4% and the Nasdaq was down 26 points or 0.5% around 8 minutes after the opening bell2016-11-11T14:42:34"
US Stocks Close Mixed on Thursday,Stock Market,"US Stocks Close Mixed on ThursdayUnited States Stock MarketWall Street finished mixed on Thursday as banking sector surged to levels not seen since 2008 while technology shares sank as investors reassessed Donald Trump's presidency. The Dow Jones hit a new all-time intraday of 18,873.6 and closed 218 points higher, the S&P 500 rose 0.2% while Nasdaq lost 0.8%. 2016-11-10T21:19:30"
US Posts $44 Billion Budget Deficit in October,Government Budget Value,"US Posts $44 Billion Budget Deficit in OctoberUnited States Government Budget ValueThe US government posted a USD 44 billion budget deficit in October 2016, a 68 percent decrease from a USD 137 billion gap the same month of the previous year, as outlays fell 24 percent to USD 266 billion while receipts rose 5 percent to USD 222 billion.2016-11-10T19:27:53.957"
US Stocks Volatile on Post-Election,Stock Market,US Stocks Volatile on Post-ElectionUnited States Stock MarketWall Street traded mixed on Thursday after a strong open as investors digest the impact of geopolitical uncertainty of Trump's victory and bet on a promised tax cuts and infrastructure spending. The Dow Jones touched an all time high while the Nasdad turned negative.2016-11-10T15:27:14.217
US Stocks Continue to Rally,Stock Market,"US Stocks Continue to Rally United States Stock MarketWall Street opened in the green on Thursday with the Dow Jones touching an all time high, as investors shrug off the initial impact of Trump's victory and expectations for a fiscal boost increased. The Dow Jones was up 135 points or 0.7%, the S&P 500 added 12 points or 0.6% and the Nasdaq traded 33 points or 0.6% around 6 minutes after the opening bell.2016-11-10T14:47:04"
US Jobless Claims Drop to 4-Week Low,Initial Jobless Claims,US Jobless Claims Drop to 4-Week LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 11 thousand to 254 thousand in the week ended November 5th from the previous week's unrevised level of 265 thousand. The figure came in below market expectations of 260 thousand to hit the lowest level in four weeks.2016-11-10T13:34:38.43
S&P Affirms U.S. Rating Following Presidential Election,Credit Rating,"S&P Affirms U.S. Rating Following Presidential ElectionUnited States Credit RatingS&P Global Ratings affirmed 'AA+/A-1+' rating of the United States of America, following the presidential election. The outlook remains stable. “We assume the long-standing institutional strengths and robust checks and balances of the U.S. will support policy execution in a Trump Administration, despite the president-elect’s lack of experience in public office, which raises uncertainty on policy proposals,” the rating firm said. 
2016-11-10T00:59:09"
US 10-Year Treasury Yield Continues to Rally,Government Bond 10Y,"US 10-Year Treasury Yield Continues to RallyUnited States Government Bond 10YUS government debt prices declined on Wednesday after Donald Trump won the race for the White House, with the yield on the 10-year US Treasury touching the highest since March. 2016-11-09T16:38:43.183"
Dollar Recovers as Investors Diggest Trump Victory,Currency,"Dollar Recovers as Investors Diggest Trump VictoryUnited States CurrencyThe dollar index gained on Wednesday morning NY time after slumping overnight as investors weight the effects of Trump’s victory. The greenback recovered against the Euro and the Swiss franc and trimmed early losses against the yen. 
2016-11-09T15:41:59"
US Crude Oil Inventories Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up by 2.4 million barrels in the week ended November 4th, 2016, following a 14.42 million jump in the previous period and above market expectations of a 1.33 million increase. Meanwhile, gasoline stocks decreased by 2.8 million barrels while markets were expecting a 1 million fall.2016-11-09T15:33:55"
US Wholesale Inventories Rise 0.1% MoM in September,Wholesale Inventories,"US Wholesale Inventories Rise 0.1% MoM in September United States Wholesale InventoriesWholesale stocks in the United States were up 0.1 percent to $590.2 billion in September from August 2016, below 0.2 percent growth according to preliminary estimates, and following a revised 0.1 percent fall in the previous period. Inventories of nondurable goods rose 0.9 percent due growth in petroleum product (+3.8 percent) and drugs (+3.3 percent). In contrast, inventories of durable goods were down 0.4 percent, mainly due to fall in motor vehicle and motor vehicle parts and supplies (-1.7 percent) and metals (-1.4 percent). 2016-11-09T15:14:54.69"
US Stocks Swing Between Gains and Losses,Stock Market,"US Stocks Swing Between Gains and LossesUnited States Stock MarketWall Street was volatile on Wednesday, swinging between small gains and losses as investors weight the effects of Trump’s surprise victory in the US presidential election. Stocks initially opened in the red although futures had suggested a much deeper fall at the open, with the Dow futures slumping more than 800 points overnight.2016-11-09T15:08:56"
US Stocks Recover After Lower Open,Stock Market,"US Stocks Recover After Lower OpenUnited States Stock MarketWall Street turned positive on Wednesday after a slightly lower open as investors weight the effects of Trump’s surprise victory in the US presidential election. The Dow Jones added 75 points or 0.4%, the S&P 500 gained 5 points or 0.3% and the Nasdaq went up 11 points or 0.2% around 25 minutes after the opening bell. 2016-11-09T14:57:34"
US Stocks Fall After Trump Victory,Stock Market,"US Stocks Fall After Trump VictoryUnited States Stock MarketWall Street opened slightly lower on Tuesday after Donald Trump won the race for the White House. The Dow Jones fell 54 points or 0.3%, the S&P 500 lost 10 points or 0.5% and the Nasdaq traded 36 points or 0.7% lower around 9 minutes after the opening bell. Stocks futures had suggested a much deeper fall at the open, with the Dow futures slumping more than 800 points overnight.  2016-11-09T14:42:59"
US Mortgage Applications Drop for 3rd Week,Mortgage Applications,"US Mortgage Applications Drop for 3rd WeekUnited States Mortgage ApplicationsMortgage applications in the United States decreased by 1.2 percent in the week ended November 4th 2016 from the prior period, following a 1.2 percent fall in the previous week, data from the Mortgage Bankers Association showed. Refinance applications went down 2.7 percent while applications to purchase a home rose 1.4 percent. Average fixed 30-year mortgage rates went up 2bps to 3.77 percent, the highest since June.2016-11-09T12:10:21.367"
US 10-Year Treasury Yield at Near 7-Month High,Government Bond 10Y,"US 10-Year Treasury Yield at Near 7-Month HighUnited States Government Bond 10YUS government debt prices declined on Wednesday as investors became more risk averse and turned to safer assets after Donald Trump won the race for the White House. The yield on the 10-year US Treasury that moves in the opposite direction of its price rose around 3% to 1.918% by 10:40 AM London time, the highest since late April. 2016-11-09T10:47:04"
Dollar Sinks as Trump Closes in on White House,Currency,Dollar Sinks as Trump Closes in on White HouseUnited States CurrencyThe dollar index fell sharply on Wednesday amid rising odds Donald Trump becomes the next US President. It was down 1.3% to 96.67 around 3:00 AM NY time: it lost 1.5% against the Euro; 1.7% against the yen; 0.3% against the British pound and 0.7% against the Swiss franc but gained 1% against the Australian dollar; 0.7% against the Loonie and 9% against the Mexican peso.  2016-11-09T08:10:01
US Stocks Close Higher Ahead of Election Results,Stock Market,"US Stocks Close Higher Ahead of Election ResultsUnited States Stock MarketUS stocks finished higher on Tuesday, as investors awaited the results of the US presidential election. The Dow Jones Industrial Average gained 73 points, or 0.4%, to 18,332; the S&P 500 rose 8 points, or 0.4%, to 2,140; and the Nasdaq Composite ended up 27 points, or 0.5%, at 5,193.2016-11-08T21:15:18.237"
US Job Openings Rise Less Than Expected in September,Job Offers,"US Job Openings Rise Less Than Expected in SeptemberUnited States Job OffersThe number of job openings in the United States increased 5.49 million in September 2016 from an upwardly revised 5.45 million in the previous month, but missing market expectations of 5.51 million. The number of positions waiting to be filled increased mainly in professional and business services (+33,000) and construction (+29,000). Among regions, job openings increased in the South (+81,000) and the Northeast (+47,000).2016-11-08T15:11:39.15"
Dollar Steady on Election Day,Currency,"Dollar Steady on Election DayUnited States CurrencyThe dollar index traded nearly flat at 97.76 around 10:00 AM NY time on Tuesday as Americans started voting for the US presidential election and investors await the results. The greenback lost less than 0.1% against the Euro and 0.2% against the Loonie but gained 0.1% against the British pound, 0.2% against the yen and 0.2% against the Mexican peso. 
2016-11-08T15:08:33"
Wall Street Opens Slightly Lower on Election Day,Stock Market,"Wall Street Opens Slightly Lower on Election DayUnited States Stock MarketUS stocks opened in the red on Tuesday, following a rally in the previous day as investors await the results of the US presidential election. The Dow Jones declined 35 points or 0.2%, the S&P 500 lost 6 points or 0.3% and the Nasdaq traded 12 points or 0.2% lower around 3 minutes after the opening bell.2016-11-08T14:36:56"
US Stocks Rise Sharply After FBI Clears Clinton,Stock Market,"US Stocks Rise Sharply After FBI Clears Clinton United States Stock MarketWall Street closed sharply higher on Monday after the FBI said would take no action against Hillary Clinton, raising expectations she will become the next US President. The Dow Jones added 371 points or 2.1%, the S&P 500 gained 46 points or 2.2%, ending a 9-day losing streak and the Nasdaq closed 120 points or 2.4% higher.2016-11-07T21:16:26"
US Consumer Credit Rises More Than Expected,Consumer Credit,"US Consumer Credit Rises More Than Expected United States Consumer CreditConsumer credit in the United States increased by $19.29 billion in September of 2016, following an upwardly revised $26.75 billion rise in August and above market expectations of $18 billion. Non-revolving credit rose by $15.1 billion, after increasing by $21.1 billion in the previous month and revolving credit went up by $4.2 billion, compared with a $5.6 billion rise in August.2016-11-07T21:12:14.977"
US Stocks Rise After FBI Clears Clinton,Stock Market,"US Stocks Rise After FBI Clears ClintonUnited States Stock MarketWall Street opened in the green on Monday after the FBI said would take no action against Hillary Clinton, raising expectations she will become the next US President. The Dow Jones was up 262 points or 1.5%, the S&P 500 added 30 points or 1.5% and the Nasdaq gained 80 points or 1.6% around 7 minutes after the opening bell.2016-11-07T14:45:34"
"US Stocks Fall, S&P Logs Longest Losing Streak in 36 Years",Stock Market,"US Stocks Fall, S&P Logs Longest Losing Streak in 36 YearsUnited States Stock MarketUS equities closed in the red on Friday, after October's jobs report showed that the US economy added 161 thousand jobs while growing concerns over the outcome of next week's US presidential election continued to weigh. The Dow Jones Industrial Average shed 42 points, or 0.2%, to 17,888; the S&P 500 declined 3 points, or 0.2%, to 2,085, its ninth straight fall and the longest losing streak since December 1980; and the Nasdaq Composite dropped 12 points, or 0.2%, to 5,046.2016-11-04T20:17:01"
US Stocks Open Little Changed After Jobs Data,Stock Market,US Stocks Open Little Changed After Jobs DataUnited States Stock MarketWall Street opened flat to slightly higher on Friday as concerns over the presidential election outcome persist and after October payrolls came lower than expected while wage growth picked up. The Dow Jones traded near the flatline while the S&P 500 gained 3 points or 0.1% and the Nasdaq added 7 points or 0.1% around 7 minutes after the opening bell.2016-11-04T13:44:39
US Imports at 4-Month Low in September,Imports,"US Imports at 4-Month Low in September United States ImportsTotal imports to the United States fell 1.3 percent mom to $225.6 billion in September of 2016, hitting the lowest level since May. Purchases of goods decreased $2 billion to $183.7 billion, led by capital goods (-$1.7 billion) and consumer goods (-$0.8 billion). In contrast, imports of automotive vehicles, parts, and engines increased $1.2 billion, with passenger cars rising $1.1 billion. Imports of services decreased $1 billion to $42.0 billion: charges for the use of intellectual property fell $1.2 billion. Imports from China declined 2.8 percent.

2016-11-04T13:15:37.523"
US Exports at 14-Month High in September,Exports,"US Exports at 14-Month High in September United States ExportsTotal exports from the United States increased 0.6 percent mom to $189.19 billion in September of 2016, reaching the highest value since July of 2015. Exports of goods went up $0.6 billion to $126.1 billion, boosted by industrial supplies and materials (+$0.5 billion, the highest since August 2015) and consumer goods (+$0.7 billion, the highest in a year) while sales of food, feeds, and beverages decreased $1.7 billion. Exports of services increased $0.4 billion to $66.1 billion: travel (for all purposes including education) rose $0.4 billion. Shipments increased 6 percent to the European Union, with those to the United Kingdom soaring 12.4 percent, and 1.8 percent to China.

2016-11-04T13:09:56.067"
US Wages Rise More Than Expected in October,Average Hourly Earnings,"US Wages Rise More Than Expected in OctoberUnited States Average Hourly EarningsAverage hourly earnings in the US increased 10 cents or 0.4 percent from the previous month in October 2016 after advancing an upwardly revised 0.3 percent in September. Compared with the same month of the previous year, wages rose 2.8 percent, the most since June 2009.2016-11-04T13:01:01"
US Trade Deficit at 1-1/2-Year Low in September,Balance of Trade,"US Trade Deficit at 1-1/2-Year Low in September United States Balance of TradeThe US goods and services deficit decreased 9.9 percent mom to $36.44 billion in September of 2016, slightly lower than market expectations of a $37.8 billion gap. It was the lowest trade gap since February 2015, as imports fell by 1.3 percent to $225.6 billion to the lowest level since May while exports rose 0.6 percent mom to $189.2 billion to the highest since July of 2015.2016-11-04T12:40:46"
US Economy Adds Less Jobs Than Expected in October,Non Farm Payrolls,"US Economy Adds Less Jobs Than Expected in OctoberUnited States Non Farm PayrollsNon Farm Payrolls in the United States increased by 161 thousand in October of 2016, lower than upwardly revised 191 thousand in September and below market expectation of 175 thousand. The change  for August was revised up from 167 Thousand to 176 Thousand. In October, employment continued to trend up in health care, professional and business services, and financial activities.2016-11-04T12:33:23"
US Unemployment Rate Drops to 4.9% in October,Unemployment Rate,US Unemployment Rate Drops to 4.9% in OctoberUnited States Unemployment RateUS unemployment rate fell to 4.9 percent in October 2016 from 5 percent in the previous month and in line with market expectations. The number of unemployed persons was almost unchanged at 7.9 million while the labor force participation rate decreased by 0.1 percentage point to 62.8 percent.2016-11-04T12:32:39.667
"US Stocks Close Lower, S&P 500 Falls for 8th Day",Stock Market,"US Stocks Close Lower, S&P 500 Falls for 8th DayUnited States Stock MarketUS stocks finished lower on Thursday, dragged by rising concerns over the next week’s presidential election while a drop in oil prices and mixed economic data hit sentiment. The Dow Jones Industrial Average retreated 28 points, or 0.2%, to 17,931; the S&P 500 shed 9 points, or 0.4%, to 2,089, its eighth straight fall and the longest losing streak since October 2008; and the Nasdaq Composite Index shed 47 points, or 0.9%, to 17,931.2016-11-03T20:12:29"
US Services Sector Growth Slows: ISM,Non Manufacturing PMI,"US Services Sector Growth Slows: ISM United States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index fell to 54.8 in October of 2016 from 57.1 in September and below market expectations of 56. Activity, new orders and employment grew at a slower pace while prices increased for the seventh straight month. 2016-11-03T14:05:45"
US Factory Orders Rise More Than Expected in September,Factory Orders,"US Factory Orders Rise More Than Expected in SeptemberUnited States Factory OrdersNew orders for manufactured goods in the United States rose by 0.3 percent month-over-month in September 2016, following an upwardly revised 0.4 percent growth in August and above market expectations of a 0.2 percent gain. It was a third consecutive month of increase, as new orders for manufactured nondurable goods went up 0.9 percent, while those for manufactured durable goods and transport equipment dropped 0.3 percent and 1.1 percent, respectively.2016-11-03T14:03:51"
US Services PMI at 11-Month High: Markit,Services PMI,"US Services PMI at 11-Month High: MarkitUnited States Services PMIThe final IHS/Markit US Services PMI came in at 54.8 in October of 2016, unchanged from preliminary estimates and higher than 52.3 in September. It is the best reading since November, boosted by a robust increase in new work while job creation remained subdued and input price inflation accelerated to a 15-month high.  2016-11-03T13:58:58.53"
Most US Stocks Rise Slightly on Thursday,Stock Market,"Most US Stocks Rise Slightly on ThursdayUnited States Stock MarketWall Street opened mainly higher on Thursday as concerns over the presidential election outcome persist while productivity rose more than expected and labour cost went up less than anticipated. The Dow Jones  rose 39 points or 0.2%, the S&P 500 gained 4 points or 0.2% and the Nasdaq traded near the flatline around 13 minutes after the opening bell.  2016-11-03T13:53:26.997"
US Unit Labor Costs Rise 0.3% in Q3,Labour Costs,"US Unit Labor Costs Rise 0.3% in Q3United States Labour CostsUnit labor costs in the nonfarm business sector in the United States increased an annualized 0.3 percent on quarter in the third quarter of 2016, compared to a downwardly revised 3.9 percent drop in the previous period and well below market expectations of 1.3 percent, preliminary estimates showed. It reflects a 3.4 percent increase in hourly compensation and a 3.1 percent growth in productivity. Year-on-year, unit labor costs increased 2.3 percent.
2016-11-03T12:36:35.16"
US Nonfarm Business Productivity Rises 3.1% in Q3,Productivity,"US Nonfarm Business Productivity Rises 3.1% in Q3United States ProductivityLabor productivity in the nonfarm business sector in the United States increased at a seasonally adjusted annual rate of 3.1 percent during the third quarter of 2016, more than market expectations of a 2 percent gain and following a 0.2 percent decline in the previous period, preliminary figures showed. It was the first increase after three consecutive declines, as output increased 3.4 percent and hours worked increased 0.3 percent. Year-on-year, productivity was unchanged.2016-11-03T12:36:06"
US Initial Jobless Claims at 3-Month High,Initial Jobless Claims,"US Initial Jobless Claims at 3-Month HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits rose by 7 thousand to 265 thousand in the week ended October 29th, above market expectations of 255 thousand and reaching the highest figure since August 6th. However, it is the 87th straight week of initial claims below 300 thousand, the longest streak since 1970. 2016-11-03T12:35:59"
US October Corporate Layoffs at 17-Year Low,Challenger Job Cuts,"US October Corporate Layoffs at 17-Year LowUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States fell 30.6 percent month over month to 30,470 in October of 2016. It was the second lowest value for the year and the smallest for an October month since 1999. Employers in the computer industry saw the heaviest job cuts, announcing 4,792 planned layoffs, mainly due to newly formed HP Inc. The firm cut another 4,000 jobs, adding to the 30,000 job cuts the company announced in 2015. The energy sector announced 4,414 layoffs and telecommunication announced 4,135. Year-on-year, layoffs fell 39 percent in October. Since the beginning of the year, companies announced 66,352 job cuts, down 14 percent from the 543,935 cuts announced a year earlier.2016-11-03T11:41:18"
"US Stocks Close Lower on Fed, US Election",Stock Market,"US Stocks Close Lower on Fed, US ElectionUnited States Stock MarketUS stocks closed deep in the red on Wednesday after the Federal Reserve left its monetary policy unchanged but signalled that a rate rise could come as early as next month; while concerns over the US presidential election weighed on sentiment. The Dow Jones Industrial Average retreated 77 points, or 0.4%, to 17,960; the S&P 500 fell 14 points, or 0.7%, to 2,098; and the Nasdaq shed 48 points, or 0.9%, to 5,106. 2016-11-02T20:08:41.697"
Fed Leaves Rates Steady,Interest Rate,"Fed Leaves Rates Steady United States Interest RateThe Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the seventh time during its November 2016 meeting, saying the labor market has continued to strengthen and growth of economic activity has picked up. Policymakers also added that the case for an increase in the federal funds rate has continued to strengthen. 2016-11-02T18:00:44"
US Crude Oil Inventories Rise Way Above Expectations,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Way Above ExpectationsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 14.42 million barrels in the week ended October 28th, 2016. It is the biggest gain since at least 1982 and well above market expectations of a near 1 million rise. Meanwhile, gasoline stocks decreased by 2.2 million barrels while markets were expecting a 1 million fall.2016-11-02T14:47:42"
New York Business Activity Contracts for 3rd Month,Ism New York Index,"New York Business Activity Contracts for 3rd MonthUnited States Ism New York IndexThe ISM NY Current Business Conditions Index fell to 49.2 in October 2016 from 49.6 in September. Volume of purchases continued to fall (44.3 from 47.1 the previous month) and current revenues went up at a slower pace (51.4 from 51.6). By contrast, employment returned to growth after falling to the lowest in eight years in September (50.6 from 33.9) and expected revenues grew further (60.3 from 56.7). The Six-Month Outlook fell for the second month in a row, coming in at 56.9 in October from 59.6 in September.2016-11-02T13:57:15"
US Stocks Fall Ahead of Fed,Stock Market,"US Stocks Fall Ahead of FedUnited States Stock MarketWall Street opened in the red on Wednesday ahead of Fed's monetary policy decision later in the day and amid falling oil prices and tightening polls for the US presidential election. The Dow Jones lost 3 points or 0.2%, the S&P 500 went down 4 points or 0.2% and the Nasdaq traded 5 points or 0.1% lower around 11 minutes after the opening bell.2016-11-02T13:47:24"
US Private Sector Adds 147K Jobs in October: ADP,ADP Employment Change,"US Private Sector Adds 147K Jobs in October: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 147 thousand workers in October 2016 compared to an upwardly revised 202 thousand in September but lower than market expectations of 165 thousand. It was the lowest reading since May. The service-providing sector added 165 thousand jobs, boosted by professional and business (+69 thousand), financial activities (+18 thousand) and trade, transportation and utilities (+17 thousand). Meanwhile, the goods-producing sector shed 18 thousand jobs, as jobs in construction fell 15 thousand while those in manufacturing declined 1 thousand. Large companies were the ones hiring more (64 thousand), followed by midsized (48 thousand) and small (34 thousand).2016-11-02T12:22:51"
US Mortgage Applications Activity Falls to 5-Month Low,Mortgage Applications,"US Mortgage Applications Activity Falls to 5-Month LowUnited States Mortgage ApplicationsMortgage applications activity in the United States decreased by 1.2 percent to a 5-month low in the week ended October 28th 2016 from the prior period, following a 4.1 percent fall in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home declined 0.4 percent and refinance applications fell 1.6 percent. Average fixed 30-year mortgage rates went up 4bps to 3.75 percent, the highest since June.2016-11-02T11:02:44"
Wall Street Extends Losses on US Election Uncertainty,Stock Market,"Wall Street Extends Losses on US Election UncertaintyUnited States Stock MarketUS stocks closed firmly lower on Tuesday after reports that Hillary Clinton was losing some of her lead over Donald Trump in national polls weighed on sentiment while investors remained cautious ahead of the Fed's monetary policy decision. The Dow Jones Industrial Average dropped for fourth straight session by 105 points, or 0.6%, to 18,037; the S&P 500 fell 15 points, or 0.7%, to 2,112; and the Nasdaq shed 36 points, or 0.7%, to 5,154. 2016-11-01T20:16:55"
US Dollar Has Worst Day in 6 Weeks,Currency,"US Dollar Has Worst Day in 6 WeeksUnited States CurrencyThe dollar had its worst session in six weeks on Tuesday, after polls showed the presidential race between Donald Trump and Hillary Clinton continues to tighten. The DXY, a gauge of the dollar’s strength against a basket of six rivals, fell 0.7% to 97.727.2016-11-01T20:08:41.277"
Dow Jones Industrial Average at 18108,Stock Market,Dow Jones Industrial Average at 18108United States Stock MarketUS stocks had a mixed performance on Tuesday as investors remained cautious ahead of the Fed's monetary policy decision on Wednesday and US elections next week.2016-11-01T15:40:30
US Construction Spending Falls 0.4% MoM,Construction Spending,"US Construction Spending Falls 0.4% MoM United States Construction SpendingConstruction spending in the United States fell 0.4 percent in September 2016, following a upwardly revised 0.5 percent drop in August and missing market expectations of a 0.5 percent gain. Public construction spending dropped sharply by 0.9 percent, dragged lower by educational construction (-1.1 percent); transportation (-0.9 percent); and sewage (-5.4 percent). Also, private construction declined 0.2 percent, as spending decreased for: nonresidential construction (-1 percent) while rose for residential one (+0.5 percent). During the first nine months of this year, construction spending amounted to $863.2 billion, 4.4 percent above the $826.8 billion for the same period in 2015.2016-11-01T14:18:19"
US Factory Activity Rises More Than Expected: ISM,Business Confidence,"US Factory Activity Rises More Than Expected: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI rose to 51.9 in October 2016 from 51.5 in September, above market expectations of 51.7. It was the highest reading in three months, as employment rebounded sharply and output grew further, while new orders expanded at a slower pace.2016-11-01T14:04:38"
US Factory Activity Growth at 1-Year High: Markit,Manufacturing PMI,"US Factory Activity Growth at 1-Year High: MarkitUnited States Manufacturing PMIThe final IHS Markit Manufacturing PMI for the US increased to 53.4 in October 2016 from 51.5 in September and slightly better than the earlier flash reading of 53.2. It was the highest figure since October last year, as both production and new orders expanded at a faster pace and employment rose for the fortieth month in a row. Meanwhile, cost inflation went up to highest level for two years.2016-11-01T13:49:30"
US Stocks Gain on Strong China Data,Stock Market,"US Stocks Gain on Strong China DataUnited States Stock MarketUS stocks rose slightly on Tuesday, boosted by stronger than expected Chinese economic activty data for October while investors remained cautious ahead of the Fed's monetary policy decision on Wednesday. The Dow Jones increased 29 points, or 0.2%; the S&P 500 added 5 points, or 0.2%; and the Nasdaq advanced 12 points, or 0.2%, around 5 minutes after the opening bell. 2016-11-01T13:33:32"
"Dow Jones, S&P 500 Book 3rd Straight Monthly Loss",Stock Market,"Dow Jones, S&P 500 Book 3rd Straight Monthly LossUnited States Stock MarketUS stocks closed slightly lower on Monday, amid a renewed slump in oil prices and concerns over US presidential election next week while consumer spending data for September came in better than expected. The Dow Jones ended down 19 points, or 0.1%, at 18,142 and lost 0.9% over the month. The S&P 500 closed less than a point lower at 2,126 and recorded a 1.9% loss over the month. The Nasdaq Composite ended the session off by a point at 5,189.2016-10-31T20:21:07.727"
Dallas Fed Manufacturing Index Below Expectations,Dallas Fed Manufacturing Index,"Dallas Fed Manufacturing Index Below ExpectationsUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to -1.5 in October 2016 from -3.7 in September, but below market expectations of 2. The capital expenditures index moved up to 8.7 (from 3.1 in September), reaching its highest reading in nearly two years. In contrast, the production index declined 10 points to 6.7, suggesting output rose but at a slower pace this month; and the capacity utilization and shipments indexes fell notably after spiking last month, coming in at 0.8 (13.5 in September) and 1.9 (20.1 in September), respectively. The employment index came in at 0.2 (2.3 in September), suggesting little change in headcounts, and the hours worked index fell into negative territory (-1.8 from 3.7 in September). Also, the new orders declined to -3.5 from -2.9. Meanwhile, expectations regarding future business conditions improved again with the index of future general business activity posting a fifth positive reading in a row.2016-10-31T14:46:21"
US Chicago PMI at 5-Month Low,Chicago Pmi,"US Chicago PMI at 5-Month LowUnited States Chicago PmiThe MNI Chicago Business Barometer fell to 50.6 in October of 2016 from 54.2 in September. It is the lowest figure since May, led by a slowdown in production. New orders also fell to the lowest level since May and order backlogs and employment increased only slightly. 
2016-10-31T14:09:13.823"
US Stocks Open Mostly Higher on Monday,Stock Market,"US Stocks Open Mostly Higher on MondayUnited States Stock MarketWall Street opened mainly higher on Monday as investors await developments in Clinton's email investigations and after data for consumer spending came in line with expectations while income was slightly below. In addition, news that GE and Baker Hughes will combine their oil and gas operations lifted investors' mood. The Dow Jones traded near the flatline while the S&P 500 added 4 points or 0.2% and the Nasdaq gained 16 points or 0.3% around 18 minutes after the opening bell. 2016-10-31T14:01:25.01"
US PCE Price Index Rises 0.2% MoM in September,PCE Price Index Monthly Change,"US PCE Price Index Rises 0.2% MoM in September United States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States edged up 0.2 percent month-over-month in September 2016, at the same pace as in the previous month. Cost of services rose 0.2 percent (the same as in the previous month), and prices of goods went up 0.3 percent (from 0.1 percent growth in August). Compared to the same month a year earlier, the PCE price index went up 1.2 percent, following a 1 percent increase in August. Excluding food and energy, prices increased by 0.1 percent month-over-month and by 1.7 percent from the previous year, in line with market expectations.2016-10-31T12:38:25.247"
US Personal Income Rises Less Than Expected,Personal Income,"US Personal Income Rises Less Than ExpectedUnited States Personal IncomePersonal income in the United States increased by 0.3 percent month-over-month in September 2016, following a 0.2 percent growth in August while missing market expectations of 0.4 percent gain. Compensation of employees went up 0.3 percent (from +0.1 percent in August), driven by a 0.3 percent rise in wages and salaries; while personal income receipts on assets grew at a slower 0.2 percent (from +0.4 percent) and personal current transfer receipts increased by 0.1 percent from (+0.4 percent).2016-10-31T12:36:51.357"
US Personal Spending Rises 0.5% in September,Personal Spending,"US Personal Spending Rises 0.5% in SeptemberUnited States Personal SpendingConsumer spending in the United States increased 0.5 percent in September from August of 2016, following a 0.1 percent fall in the previous period. It is the biggest gain in three months, in line with market expectations. 2016-10-31T12:35:33.313"
US Stocks Fall After FBI Restarts Clinton Email Probe,Stock Market,"US Stocks Fall After FBI Restarts Clinton Email ProbeUnited States Stock MarketWall Street closed in the red on Friday, despite better-than-expected GDP growth figures for the third quarter, after the news that the FBI reopened an investigation into a Democratic presidential candidate Hillary Clinton's emails, raising uncertainties over elections results. The Dow Jones closed near the flatline, the S&P 500 went down 6 points or 0.3% and the Nasdaq lost 26 points or 0.5%. On a week, the Dow Jones edged up 0.1%, while the S&P 500 declined 1.2% and the Nasdaq fell 1.3%.2016-10-28T20:11:08"
US Consumer Sentiment Revised Down in October,Consumer Confidence,"US Consumer Sentiment Revised Down in OctoberUnited States Consumer ConfidenceThe final reading of the University of Michigan's consumer sentiment for the United States decreased to 87.2 in October of 2016 from a preliminary reading of 87.9 and a final of 91.2 in September. It is the lowest reading since September of 2015 due to less favorable prospects for the national economy, with half of all consumers anticipating an economic downturn sometime in the next five years.2016-10-28T14:08:51.967"
US Stocks Open Mixed After Strong GDP Growth,Stock Market,"US Stocks Open Mixed After Strong GDP GrowthUnited States Stock MarketWall Street opened mixed on Friday amid falling oil prices, better-than-expected GDP growth figures for the third quarter and upbeat earnings for Chevron while Exxon Mobil profits disappointed. The Dow Jones added 53 points or 0.3%, the S&P 500 traded near the flatline while the Nasdaq lost 10 points or 0.2% around 10 minutes after the opening bell.2016-10-28T13:48:22.813"
US Employment Cost Rises 0.6% QoQ in Q3,Employment Cost Index,"US Employment Cost Rises 0.6% QoQ in Q3 United States Employment Cost IndexCompensation costs for civilian workers in the United States increased 0.6 percent on quarter in the third quarter of 2016, the same pace as in the previous period. Wages and salaries, which make up about 70 percent of compensation costs, went up 0.5 percent, and benefits, which make up the remaining 30 percent of compensation, increased 0.7 percent. Compared with the same period a year ago, the employment cost index went up 2.3 percent, at the same pace as in the previous quarter. 2016-10-28T12:35:31.807"
US GDP Growth at 2-Year High,GDP Growth Rate,"US GDP Growth at 2-Year HighUnited States GDP Growth RateThe United States economy expanded an annualized 2.9 percent in the third quarter of 2016, more than 1.4 percent in the previous period and beating market expectations of a 2.5 percent rise, the advance estimate from BEA showed. It is the strongest growth rate since the third quarter of 2014, as inventories recovered and exports grew the most  in nearly three years boosted by soybeans and inventories recovered while personal consumption slowed.2016-10-28T12:33:39"
US Stocks Finish Lower on Thursday,Stock Market,"US Stocks Finish Lower on ThursdayUnited States Stock MarketWall Street closed lower on Thursday dragged down by rising bond yields, defensive and real estate sectors. The Dow Jones lost 30 points or 0.2%, the S&P 500 declined 6 points or 0.3% and the Nasdaq went down 34 points or 0.6%.2016-10-27T20:23:55.6"
US 10-Year Treasury Yield at 5-Month High,Government Bond 10Y,"US 10-Year Treasury Yield at 5-Month HighUnited States Government Bond 10YThe yield on the 10-year US Treasury note rose to 1.86% on Thursday, hitting the highest since May, amid rising expectations of a Fed rate hike and mixed economic data: durable goods orders unexpectedly fell while initial claims dropped but less than expected. 2016-10-27T14:26:57"
US Pending Home Sales Rebound in September,Pending Home Sales,"US Pending Home Sales Rebound in SeptemberUnited States Pending Home SalesContracts to buy previously owned US homes increased 2.4 percent year-on-year in September of 2016, recovering from a 0.2 percent drop in August. Compared to the previous month, sales went up 1.5 percent after a downwardly revised 2.5 percent fall. It is the biggest gain in five months, beating market expectations of a 1.2 percent rise. Sales rose in the West (4.7 percent) and the South (1.9 percent) but fell in the Midwest (-0.2 percent) and the Northeast (-1.6 percent). 2016-10-27T14:10:26"
"US Stocks Rise on Earnings, Oil",Stock Market,"US Stocks Rise on Earnings, OilUnited States Stock MarketWall Street opened higher on Thursday amid a recovery in oil prices and better-than-expected earnings for companies including Tesla, ConocoPhillips and Twitter. The Dow Jones added 25 points or 0.1%, the S&P 500 gained 3 points or 0.1% and the Nasdaq traded 14 points or 0.3% higher around 15 minutes after the opening bell. 2016-10-27T13:49:47.327"
US Durable Goods Orders Fall 0.1% in September,Durable Goods Orders,"US Durable Goods Orders Fall 0.1% in September United States Durable Goods OrdersNew orders for US manufactured durable goods declined 0.1 percent month-over-month in September of 2016, following an upwardly revised 0.3 percent gain in August and compared to market expectations of a 0.1 percent increase. Excluding transportation, new orders increased 0.2 percent and excluding defense, new orders rose 0.7 percent. Non-defense capital goods orders excluding aircrafts, a proxy for business spending fell 1.2 percent, the biggest drop since February, following three months of gains.2016-10-27T12:35:26"
US Jobless Claims Drop for 1st Time in 3 Weeks,Initial Jobless Claims,"US Jobless Claims Drop for 1st Time in 3 WeeksUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell to 258 thousand in the week ended October 22nd, compared with the previous week's revised level of 261 thousand and above market expectations of 255 thousand. It was the first decline in three weeks and the 86th straight week of initial claims below 300 thousand, the longest streak since 1970. 2016-10-27T12:35:24"
US Stocks Finish Mostly Lower on Wednesday,Stock Market,"US Stocks Finish Mostly Lower on WednesdayUnited States Stock MarketWall Street closed mostly in the red on Wednesday, despite better-than-expected services activity data, amid falling oil prices and a drop in Apple shares after the company revenues disappointed while Coca-Cola and Boeing beat on earnings. The S&P 500 fell 4 points or 0.2% and the Nasdaq lost 33 points or 0.6% while the Dow Jones added 30 points or 0.2%. 2016-10-26T20:16:44.313"
US Crude Oil Inventories Fall for 2nd Week: EIA,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 2nd Week: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped for the second straight time by 0.55 million barrels in the week ended October 21st, 2016, following a 5.20 million decline the previous week and compared to market expectations of 1.0 million rise. Meanwhile, gasoline stocks decreased by 1.96 million barrels while markets were expecting a 1.20 million fall.2016-10-26T14:33:31"
US Private Sector Activity Rises the Most in 11 Months,Composite Pmi,US Private Sector Activity Rises the Most in 11 MonthsUnited States Composite PmiThe flash IHS/Markit US Composite PMI rose to 54.9 in October of 2016 from 52.3 in September. It is the highest reading since November of 2015 as both manufacturing (53.2 from 51.5 in September) and services (54.8 from 52.3 in September) expanded at a faster pace. 2016-10-26T14:09:25
US New Home Sales Unexpectedly Rise 3.1%,New Home Sales,"US New Home Sales Unexpectedly Rise 3.1%United States New Home SalesSales of new single-family houses in the United States rose 3.1 percent to a seasonally adjusted annual rate of 593,000 in September of 2016, compared to market expectations of a 1 percent decline. Figures for the previous month were revised down by 34,000 to 575,000. Sales rose in the Northeast, Midwest and South but fell in the West.2016-10-26T14:03:45"
US Services Sector Grows The Most in 11 Months: Markit,Services PMI,"US Services Sector Grows The Most in 11 Months: MarkitUnited States Services PMIThe flash IHS/Markit US Services PMI rose to 54.8 in October of 2016 from 52.3 in September, beating market expectations of 52.3. It is the highest reading since November, as business optimism reached the highest since August of 2015 and business activity increased at a robust and accelerated pace boosted by supportive domestic economic conditions and an improvement in clients’ willingness to spend. Also, new orders rise at quickest rate seen so far in 2016 and backlogs of work increased. Still, cautious staff hiring patterns persisted in October as job creation picked up only slightly from the three-and a-half year low recorded in September. 

2016-10-26T13:57:34"
"US Stocks Open in the Red as Oil, Apple Lag",Stock Market,"US Stocks Open in the Red as Oil, Apple LagUnited States Stock MarketWall Street opened lower on Wednesday amid falling oil prices and a drop in Apple shares after the company revenues disappointed while Coca-Cola and Boeing beat on earnings. The Dow Jones lost 83 points or 0.5%, the S&P 500 fell 8 points or 0.4% and the Nasdaq traded 25 points or 0.5% lower around 11 minutes after the opening bell.2016-10-26T13:47:29"
US Mortgage Applications Drop 4.1%,Mortgage Applications,"US Mortgage Applications Drop 4.1%United States Mortgage ApplicationsMortgage applications in the United States decreased 4.1 percent in the week ended October 21st 2016 from the prior period, following a 0.6 percent gain in the previous week, data from the Mortgage Bankers Association showed. Applications to purchase a home declined 6.9 percent and refinance applications fell 2.3 percent. Average fixed 30-year mortgage rates edged down 2bps to 3.71 percent.2016-10-26T11:07:06.28"
US Stocks Close Lower on Earnings,Stock Market,"US Stocks Close Lower on EarningsUnited States Stock MarketUS stocks dropped on Tuesday after bearish outlooks from both 3M and Whirlpool offset positive results from Merck & Co. and P&G while US consumer confidence fell to a three-month low in October. The Dow Jones Industrial Average retreated 53 points, or 0.3%, to 18,170; the S&P 500 declined 8 points, or 0.4%, to 2,143; and the Nasdaq Composite Index decreased 26 points, or 0.5%, to 5,283.2016-10-25T20:20:02.113"
US Economic Optimism at 19-Month High: IBD/TIPP,Economic Optimism Index,"US Economic Optimism at 19-Month High: IBD/TIPP United States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index climbed to 51.3 in October of 2016 from a downwarldy revised 46.7 in September. It is the highest figure since April of 2015 as the six-month economic outlook index surged 25.1 percent to 50.4, the highest since April 2015. The personal financial outlook index, increased by 2.2 percent to a five month high of 59.9. The confidence in federal economic policies gauge jumped by 5.6 percent to 43.5, the strongest reading since July 2015.2016-10-25T14:19:21"
US Richmond Fed Manufacturing Index Rises in October,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Rises in OctoberUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia went up to -4 in October of 2016 from -8 in the previous month, beating market expectations of -5. Shipments (2 from -4) and hiring (3 from -13) turned positive; wage growth accelerated (18 from 13) and backlogs decreased less (-11 from -20) while new orders fell at a faster pace (-12 from -7). 2016-10-25T14:14:24"
US Stocks Fall Amid Mixed Earnings Reports,Stock Market,"US Stocks Fall Amid Mixed Earnings ReportsUnited States Stock MarketWall Street opened mainly in the red on Tuesday amid mixed earnings reports: Procter & Gamble, Merck, GM, DuPont, Caterpillar and 3M beat expectations while Under Armour revenue forecasts disappointed. The Dow Jones fell 19 points or 0.1%, the S&P 500 declined 3 points or 0.1% and the Nasdaq traded near the flatline around 11 minutes after the open. 2016-10-25T13:51:06"
US House Price Rise More Than Expected,Case Shiller Home Price Index YoY,"US House Price Rise More Than Expected United States Case Shiller Home Price Index YoYThe S&P CoreLogic Case-Shiller 20-City Composite Home Price Index rose 5.1 percent year-on-year in August of 2016, following a 5 percent increase in July and above market expectations of 5 percent. Portland, Seattle and Denver reported the highest annual gains over each of the last seven months with prices up by 11.7 percent, 11.4 percent and 8.8 percent respectively in August. On a monthly basis, the S&P CoreLogic Case-Shiller 20-City Composite Home Price Index increased 0.4 percent, easing from a 0.6 percent rise in July.
2016-10-25T13:10:55"
FHFA House Price Index Rise More Than Expected,FHFA House Price Index MoM,"FHFA House Price Index Rise More Than ExpectedUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.7 percent month-over-month in August 2016, following a 0.5 percent growth in July and beating market expectations of a 0.5 percent gain. Year-on-year, the FHFA house price index went up 6.4 percent compared to a 5.8 percent increase the previous month. 2016-10-25T13:03:28"
"US Stocks Close Higher on Earnings, PMI Data",Stock Market,"US Stocks Close Higher on Earnings, PMI DataUnited States Stock MarketWall Street finished higher on Monday despite a rising dollar and falling oil prices, as upbeat earnings from T-Mobile and VF Corp boosted sentiment and PMI data for US showed manufacturing activity in October came in stronger-than-expected. The Dow Jones Industrial Average finished 77 points, or 0.4%, higher at 18,223, after rising as much as 130 points early in the session; the S&P 500 index advanced 10 points, or 0.5%, to 2,151; and the Nasdaq Composite Index climbed 52 points, or 1%, to 5,310.2016-10-24T20:13:16.397"
US Factory Activity Growth at 12-Month High: Markit,Manufacturing PMI,"US Factory Activity Growth at 12-Month High: MarkitUnited States Manufacturing PMIThe flash IHS Markit Manufacturing PMI for the US increased to 53.2 in October of 2016 from 51.5 in September, beating market expectations of 51.5. It is the highest figure since October last year, boosted by stronger output and new business growth.2016-10-24T13:57:09"
US Stocks Rise on Monday,Stock Market,"US Stocks Rise on MondayUnited States Stock MarketWall Street opened in the green on Monday amid upbeat earnings for T Mobile and merger news: AT&T plans to buy Time Warner and TD Ameritrade announced it's buying Scottrade. The Dow Jones gained 123 points or 0.7%, the S&P 500 went up 12 points or 0.6% and the Nasdaq rose 37 points or 0.7% around 5 minutes after the opening bell2016-10-24T13:49:52.043"
Chicago Fed National Activity Index Rises in September,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Rises in SeptemberUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the United States increased to -0.14 in September of 2016 from a downwardly revised -0.72 in August. The contribution from production-related indicators rose to –0.01 from –0.39 as manufacturing rebounded and manufacturing capacity utilization ticked up; sales, orders, and inventories also made a contribution of –0.01, up from –0.06; employment-related indicators contributed –0.03, up from –0.15 and the contribution of the personal consumption and housing category edged up to –0.09 from –0.12. 2016-10-24T12:40:37.42"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street finished mixed on Friday amid a dollar rally and upbeat earnings for Microsoft, Honeywell and McDonald's while GE disappointed on revenues. The Dow Jones lost 16 points or 0.1%, the S&P 500 ended near the flatline while the Nasdaq closed 16 points or 0.3% higher. On the week, the Dow Jones was flat, the S&P 500 gained 0.4% and the Nasdaq added 0.8%.2016-10-21T20:40:04.777"
Dollar Hits 8-Month High,Currency,"Dollar Hits 8-Month HighUnited States CurrencyThe dollar index increased for the 4th day on Friday to the highest since February amid rising expectations of a Fed rate hike this year and after the ECB left the door open for more monetary stimulus on Thursday. The greenback gained around 0.5% against the Euro, 0.5% against the British pound, 0.3% against the Aussie and 0.8% against the Loonie around 10:00 AM NY time.2016-10-21T14:00:00"
"US Stocks Fall Amid Earnings, Rising Dollar",Stock Market,"US Stocks Fall Amid Earnings, Rising DollarUnited States Stock MarketWall Street opened in the red on Friday amid a rising dollar and mixed earnings reports: Microsoft, Honeywell and McDonald's beat expectations while GE beat on earnings but disappointed on revenues. The Dow Jones lost 98 points or 0.5%, the S&P 500 fell 10 points or 0.5% and the Nasdaq traded 10 points or 0.2% lower around 10 minutes after the open.2016-10-21T13:46:13"
US Stocks Close Lower on Thursday,Stock Market,"US Stocks Close Lower on ThursdayUnited States Stock MarketWall Street finished in the red on Thursday amid a retreat in oil prices, mixed economic data for jobless claims, existing home sales and Philadelphia Fed Manufacturing index and mixed results for companies: Travelers beat forecasts for both earnings and revenues while Verizon beat on earnings but missed on revenues. The Dow Jones fell 40 points or 0.2%, the S&P 500 declined 3 points or 0.1% and the Nasdaq closed 5 points or 0.1% lower. 2016-10-20T20:21:29.587"
US Existing Home Sales Rise More Than Expected,Existing Home Sales,"US Existing Home Sales Rise More Than ExpectedUnited States Existing Home SalesSales of previously owned houses in the United States rose 3.2 percent to a seasonally adjusted annual rate of 5470 thousand in September of 2016. It is the highest figure in three months, beating market expectations of 5350 thousand. Sales of single family homes jumped 4.1 percent to 4860 thousand while those of condos fell 3.2 percent to 610 thousand. The average price fell 2.1 percent and the months’ worth of supply went down to 4.5 from 4.6.2016-10-20T14:05:45"
US Stocks Fall on Thursday,Stock Market,"US Stocks Fall on ThursdayUnited States Stock MarketWall Street opened mainly lower on Thursday amid falling oil prices, a rising dollar, above estimates data for jobless claims and mixed results for companies: Travelers beat forecasts for both earnings and revenues while Verizon beat on earnings but missed on revenues. The Dow Jones traded near the flatline while the S&P 500 fell 3 points or 0.2% and the Nasdaq lost 13 points or 0.3% around 8 minutes after the opening bell. 2016-10-20T13:51:48"
Philadelphia Fed Manufacturing Index Beats Estimates,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Beats EstimatesUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index decreased to 9.7 in October 2016 from 12.8 in September but stayed above market expectations of 5.3. The new orders index rose to 16.3 from 1.4, as the percentage of firms reporting increases in new orders went up to 40 percent from 30 percent last month. The current shipments index improved to 24 from -8.7 and the employment index increased to -4 from -5.3, but remained negative for the tenth consecutive month.  Meanwhile, the prices paid index declined to 7 from 21 and the business condition index for future activity (diffusion index) decreased to 32.6 from 37.5. Still, firms remained optimistic about growth over the next six months and prospects for employment continued to be upbeat. 2016-10-20T12:48:13"
US Initial Jobless Claims at 5-Week High of 260K,Initial Jobless Claims,"US Initial Jobless Claims at 5-Week High of 260KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits rose to a seasonally adjusted 260,000 in the week ended October 15th, above market expectations of 250,000 and reaching the highest in five weeks. Yet, it marks the 85th consecutive week initial claims are below 300,000, the longest streak since 1970 and signaling the labour market strength. On an unadjusted basis, the biggest increases in initial claims were recorded in Kentucky (up by 5621); California (up by 3028); Michigan (up by 2721); North Carolina (up by 2520), one of the zones hit by Hurricane Matthew and New York (up by 2272). In contrast, Pennsylvania (-4164) and Missouri (-1988) recorded the biggest declines in initial claims. 2016-10-20T12:33:08"
US Stocks Close Mainly Higher on Wednesday,Stock Market,"US Stocks Close Mainly Higher on WednesdayUnited States Stock MarketWall Street closed mostly in the green on Wednesday boosted by the energy sector amid rising oil prices. In addition, better-than-expected earnings results for Morgan Stanley, Abbott Labs and BB&T also lifted investors’ mood as well as Fed’s Beige Book that showed economic activity in the US continued to expand moderately. The Dow Jones added 41 points or 0.2%, the S&P 500 rose 5 points or 0.2% while the Nasdaq closed near the flatline. 2016-10-19T20:16:47"
US Crude Oil Inventories Unexpectedly Fall,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly FallUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States dropped by 5.2 million barrels in the week ended October 14th, 2016, following a 4.9 million rise in the previous week and compared to market expectations of a 2.75 million gain. Meanwhile, gasoline stocks increased by 2.47 million barrels while markets were expecting a 1.37 million decline.2016-10-19T14:37:18.607"
US Stocks Trade Mixed on Wednesday,Stock Market,"US Stocks Trade Mixed on WednesdayUnited States Stock MarketWall Street opened mixed on Wednesday amid rising oil prices, better-than-expected earnings results for Morgan Stanley, Abbott Labs and BB&T and mixed economic data for building permits and housing starts. The Dow Jones added 34 points or 0.2%, the S&P 500 traded near the flatline while the Nasdaq lost 5 points or 0.1% around 7 minutes after the open.2016-10-19T13:44:46"
US Building Permits Rise to 10-Month High in September,Building Permits,"US Building Permits Rise to 10-Month High in SeptemberUnited States Building PermitsBuilding Permits in the United States increased by 6.3 percent month-over-month to 1225 thousand in September 2016, the highest figure since November last year. The figure came in better than market expectations of 1165 thousand, as authorizations of units in buildings with five units or more jumped 17.2 percent to a rate of 449 thousand and those of single-family units rose 0.4 percent to a rate of 739 thousand. Building permits rose mostly in the Northeast (+23.6 percent), the West (+15.8 percent) and in the South (+2.6 percent); but fell in the Midwest (-5.2 percent).2016-10-19T12:39:25"
US Housing Starts Fall for 2nd Month,Housing Starts,"US Housing Starts Fall for 2nd MonthUnited States Housing StartsHousing starts in the United States tumbled 9 percent to a seasonally adjusted annualized rate of 1047 thousand in September from August of 2016, below market expectations of 1175 thousand. It is the lowest figure since March of 2015, due to a fall in construction of multifamily homes. In contrast, building permits rose 6.3 percent to 1225 thousand, beating expectations of 1165 thousand.2016-10-19T12:33:58"
US Mortgage Applications Increase 0.6% in Latest Week,Mortgage Applications,"US Mortgage Applications Increase 0.6% in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 0.6 percent in the week ended October 14th 2016 from the prior period, following a 6 percent drop, data from the Mortgage Bankers Association showed. Applications to purchase a home increased 3 percent while refinance applications declined 0.8 percent. Average fixed 30-year mortgage rates rose 5bps to 3.73 percent.2016-10-19T11:08:04.63"
US Stocks Gain on Earnings,Stock Market,"US Stocks Gain on EarningsUnited States Stock MarketWall Street closed in the green on Tuesday after better-than-expected earnings reports for Goldman Sachs, BlackRock, UnitedHealth, Johnson & Johnson, Philip Morris and Netflix boosted investors’ sentiment. The Dow Jones added 76 points or 0.4%, the S&P 500 gained 13 points or 0.6% and the Nasdaq finished 44 points or 0.9% higher.  2016-10-18T20:28:45.847"
Foreigners Buy US Assets for 2nd Month in August,Capital Flows,"Foreigners Buy US Assets for 2nd Month in AugustUnited States Capital FlowsOverseas investors bought $73.8 billion of US assets in August of 2016, including short-dated instruments after buying a downwardly revised $118 billion in July. Foreigners also bought $48.3 billion of long-term US securities, including government and corporate, after buying a downwardly revised $102.8 billion in the previous month. Foreign investors sold $24.8 billion of US Treasuries, after selling $13.1 billion in July. 2016-10-18T20:13:32.6"
US Homebuilder Sentiment Falls in October,Nahb Housing Market Index,"US Homebuilder Sentiment Falls in OctoberUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States fell to 63 in October of 2016 from 65 in September and in line with market expectations. Current single-family home sales fell 2 points to 69 and buyer traffic dropped 1 points to 46 while sales expectations over the next six months edged up 1 point to 72.
2016-10-18T14:09:13"
"US Stocks Rise on Earnings, Inflation",Stock Market,"US Stocks Rise on Earnings, Inflation United States Stock MarketWall Street opened in the green on Tuesday after inflation rate for September came in line with estimates and  better-than-anticipated earnings reports for Goldman Sachs, BlackRock, UnitedHealth, Johnson & Johnson, Philip Morris and Netflix. The Dow Jones added 129 points or 0.7%, the S&P 500 went up 16 points or 0.7% and the Nasdaq traded 49 points or 1% higher around 7 minutes after the opening bell.2016-10-18T13:47:07"
US CPI Rises 0.3% MoM in September,Inflation Rate Mom,"US CPI Rises 0.3% MoM in SeptemberUnited States Inflation Rate MomThe Consumer Price Index in the United States increased 0.30 percent in September of 2016 over the previous month boosted by higher cost of shelter and gasoline. The gasoline index rose 5.8 percent and accounted for more than half of the all items increase. The shelter index increased 0.4 percent, its largest increase since May. The energy index increased 2.9 percent, its largest advance since April. The index for food, in contrast, was unchanged for the third consecutive month, as the food at home index continued to decline. 2016-10-18T13:22:56.183"
US Inflation Rate at Nearly 2-Year High in September,Inflation Rate,"US Inflation Rate at Nearly 2-Year High in SeptemberUnited States Inflation RateConsumer prices in the US went up 1.5% yoy in September, higher than 1.1% in August and in line with market expectations. It is the highest inflation rate since October of 2014 boosted by higher shelter cost and a smaller drop in energy prices while food cost fell for the first time in more than six years. 
2016-10-18T12:34:16"
US Stocks Close Lower on Monday,Stock Market,"US Stocks Close Lower on MondayUnited States Stock MarketWall Street closed in the red on Monday amid lower oil prices and better-than-expected earnings results for Bank of America and Hasbro and after Fed’s Fisher warned of the dangers of low interest rates. The Dow Jones lost 52 points or 0.3%, the S&P 500 fell 7 points or 0.3% and the Nasdaq declined 14 points or 0.3%. 2016-10-17T20:19:33.21"
US Stocks Fall on Monday,Stock Market,"US Stocks Fall on MondayUnited States Stock MarketWall Street opened lower on Monday as investors await earnings reports for several companies including IBM and Netflix. So far, earnings for Bank of America and Hasbro beat expectations. The Dow Jones lost 35 points or 0.2%, the S&P 500 fell 4 points or 0.2% and the Nasdaq traded 9 points or 0.2% lower around 16 minutes after the opening bell.2016-10-17T13:53:12"
US Industrial Production Edges Up 0.1% in September,Industrial Production Mom,"US Industrial Production Edges Up 0.1% in SeptemberUnited States Industrial Production MomIndustrial output in the United States increased 0.1 percent month-over-month in September of 2016, following an upwardly revised 0.5 percent fall in August and below market expectations of a 0.2 percent gain. Manufacturing and mining rebounded while utilities fell. For the third quarter as a whole, industrial production rose at an annual rate of 1.8 percent for its first quarterly increase since the third quarter of 2015.2016-10-17T13:19:32"
NY Factory Activity Shrinks for 3rd Month,NY Empire State Manufacturing Index,"NY Factory Activity Shrinks for 3rd MonthUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index fell to -6.8 in October of 2016 from -1.99 in September and much worse than market expectations of 1. It is the lowest reading in five months. The new orders index edged up but remained in negative territory (-5.6 from -7.5 in September); shipments were nearly flat (-0.6 from -9.4) and labor market conditions remained weak, with both employment levels (-4.7 from -14.3) and the average workweek (-10.4 from -11.6) negative. In contrast, prices paid (22.6 from 17) and received (4.7 from 1.8) increased. Indexes for the six-month outlook suggested that manufacturing firms expect conditions to improve in the months ahead.
2016-10-17T12:41:20"
"US Stocks Close Mixed on Friday, Fall on the Week",Stock Market,"US Stocks Close Mixed on Friday, Fall on the WeekUnited States Stock MarketWall Street closed flat to higher on Friday after earnings reports for JP Morgan, Wells Fargo and Citigroup all beat estimates and dovish comments from Fed Chair Yellen. The Dow Jones added 39 points or 0.2% while the S&P 500 and the Nasdaq ended near the flatline. Considering the full week, the Dow Jones lost 0.6%, the S&P 500 fell 1% and the Nasdaq finished 1.5% lower.
2016-10-14T20:29:41"
US Budget Deficit Widens to 3.2% of the GDP in FY 2016,Government Budget Value,"US Budget Deficit Widens to 3.2% of the GDP in FY 2016United States Government Budget ValueThe US government posted a USD 33 billion budget surplus in September of 2016, a 63.7 percent fall from a USD 91 billion surplus in the same month a year earlier but above market expectations of a USD 25 billion surplus. For the 2016  fiscal year, the country's budget deficit widened to USD 587 billion or 3.2 percent of the GDP, the highest in three years.2016-10-14T20:13:53"
High-Pressure Economy May Help the Recovery: Yellen,Interest Rate,"High-Pressure Economy May Help the Recovery: YellenUnited States Interest RateIt might be possible to reverse negative effects from crisis by temporarily running a ""high-pressure economy,"" with robust aggregate demand and a tight labor market, Fed Chair Yellen said in a speech at the 60th annual economic conference sponsored by the Federal Reserve Bank of Boston. Yellen also added that an accommodative monetary stance, if maintained too long, could have costs that exceed the benefits by increasing the risk of financial instability or undermining price stability. Overall, comments were seen as slightly dovish by markets. 2016-10-14T18:21:29"
US Consumer Sentiment at 13-Month Low,Consumer Confidence,"US Consumer Sentiment at 13-Month LowUnited States Consumer ConfidenceThe preliminary reading of the University of Michigan's consumer sentiment for the United States fell to 87.9 in October of 2016, well below market expectations of 91.9 and compared to 91.2 in September. It is the lowest figure since September last year as subindex of future expectations declined.2016-10-14T14:07:50"
US Business Inventories Rise 0.2% MoM in August,Business Inventories,"US Business Inventories Rise 0.2% MoM in AugustUnited States Business InventoriesManufacturers’ and trade inventories in the United States increased 0.2 percent month-over-month in August 2016 after being unchanged in July and in line with market expectations. Retail inventories excluding autos, which go into the calculation of GDP increased 0.3 percent after dropping 0.4 percent the previous month. Year-on-year, inventories were up 0.5 percent.2016-10-14T14:06:40.093"
US Stocks Rise on Bank Earnings,Stock Market,"US Stocks Rise on Bank EarningsUnited States Stock MarketWall Street opened in the green on Friday after earnings reports for JP Morgan, Wells Fargo and Citigroup all beat estimates. The Dow Jones added 142 points or 0.8%, the S&P 500 gained 12 points or 0.6% and the Nasdaq traded 33 points or 0.6% higher around 7 minutes after the opening.2016-10-14T13:45:37.553"
US Producer Prices Rise More Than Expected,Producer Price Inflation MoM,"US Producer Prices Rise More Than ExpectedUnited States Producer Price Inflation MoMProducer prices for final demand in the United States rose 0.3 percent month-over-month in September 2016 after a flat reading in August and better than market expectations of a 0.2 percent gain. Prices of goods advanced 0.7 percent following a 0.4 percent decline the previous month, and prices of services inched up 0.1 percent, the same as in August. Year-on-year, the final demand index increased 0.7 percent, the largest 12-month rise since advancing 0.9 percent in December 2014.2016-10-14T12:37:18"
U.S. Retail Sales Rise 0.6% in September,Retail Sales MoM,"U.S. Retail Sales Rise 0.6% in SeptemberUnited States Retail Sales MoMRetail sales in the United States increased 0.6 percent in September from August of 2016, following an upwardly revised 0.2 percent decline in the previous period and in line with market expectations. Auto sales rose 1.1 percent after declining 0.3 percent in August and receipts at service stations jumped 2.4 percent. Sales grew at: online retailers ( 0.3 percent), restaurants and bars (0.8 percent, the most since February), sporting goods and hobby stores (1.4 percent). There were also strong increases in sales at furniture and building material stores. In contrast, sales at electronics and appliance stores fell 0.9 percent and receipts at clothing stores were flat.
2016-10-14T12:35:01"
"US Stocks Fall; S&P, Nasdaq Close at 1-Month Low",Stock Market,"US Stocks Fall; S&P, Nasdaq Close at 1-Month LowUnited States Stock MarketUS stocks closed lower on Thursday despite a recovery in oil prices, as weak trade data from China and strengthening expectations of a rate hike by the Fed weighed on sentiment. The Dow Jones Industrial Average fell 45 points, or 0.3%, to 18,099, its lowest close in two weeks. The S&P 500 index declined 7 points, or 0.3%, to finish at a month-low of 2,133. The Nasdaq Composite Index fell 26 points, or 0.5%, to close also at a month-low of 5,213.2016-10-13T20:20:45"
US Crude Oil Inventories Rise More Than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise More Than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 4.9 million barrels in the week ended October 7th, 2016, compared to market expectations of a 1.75 million gain. It was the first increase in over a month, following a 3 million drop in the previous week. Meanwhile, gasoline stocks fell by 1.9 million barrels while markets were expecting a 1.4 million decline.2016-10-13T15:07:06.757"
US Stocks Fall on Thursday,Stock Market,"US Stocks Fall on Thursday United States Stock MarketWall Street opened lower on Thursday, following losses in most European and Asian shares after trade data for China showed exports fell much more than anticipated and imports declined. The Dow Jones was down 142 points or 0.8%, the S&P 500 fell 19 points or 0.9% and the Nasdaq lost 49 points or 0.9% around 13 minutes after the opening bell.2016-10-13T13:47:32"
US Export Prices Rise 0.3 MoM in September,Export Prices MoM,"US Export Prices Rise 0.3 MoM in SeptemberUnited States Export Prices MoMUS export prices rose 0.3 percent on month in September 2016, after decreasing by 0.8 percent in August. The figure came in better than expectations of a flat reading, as prices of non-agricultural exports went up 0.4 percent, recovering from a 0.6 percent drop in August; while agricultural exports' prices fell 1 percent, compared to a 3.5 percent drop in the previous month. Year-on-year, export prices declined 1.5 percent.2016-10-13T12:43:12.8"
US Jobless Claims Steady at 246K,Initial Jobless Claims,"US Jobless Claims Steady at 246KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was flat at 246,000 in the week ended October 8th, the lowest in 43 years and below market expectations of 254,000. It marks the 84th consecutive week initial claims are below 300,000, the longest streak since 1970 and signaling the labour market strength.2016-10-13T12:38:47.277"
US Import Prices Rise Less Than Expected,Import Prices MoM,"US Import Prices Rise Less Than ExpectedUnited States Import Prices MoMPrices for US imports increased by 0.1 percent month-over-month in September 2016, following a 0.2 percent drop in August but missing market consensus of a 0.2 percent gain. Import fuel prices rose 1.1 percent, after a 2.4 percent drop in August; while non-fuel prices recorded no change, after edging down 0.1 percent the previous month. Compared to the same month of the previous year, import prices fell 1.1 percent.2016-10-13T12:36:19.52"
US Stocks Close Mixed After FOMC Minutes,Stock Market,"US Stocks Close Mixed After FOMC MinutesUnited States Stock MarketWall Street closed mixed on Wednesday after minutes from last Fed meeting showed policymakers agreed that the case for a rate hike had strengthened in recent months, raising expectations of a rate increase soon. The Dow Jones added 15 points or 0.1%, the S&P 500 gained 2 points or 0.1% and the Nasdaq lost 8 points or 0.2%.2016-10-12T20:23:16.17"
Fed Continues to Leave 2016 Rate Hike Option Open,Interest Rate,"Fed Continues to Leave 2016 Rate Hike Option OpenUnited States Interest RateFed's decision to leave the target for the federal funds rate on hold in September was a close call and policymakers generally agreed that the case for a rate hike had strengthened in recent months, minutes from FOMC meeting held on September 20-21st showed.2016-10-12T18:28:12"
US Job Openings Fall to Lowest in 8 Months,Job Offers,"US Job Openings Fall to Lowest in 8 MonthsUnited States Job OffersJob openings in the United States decreased by 388,000 to 5.44 million in August 2016 from a downwardly revised 5.83 million in the previous month, missing market expectations of 5.72 million. The number of positions waiting to be filled decreased mostly in professional and business services (-223,000), durable goods manufacturing (-29,000), and arts, entertainment, and recreation (-28,000). Among regions, job openings decreased in the South and the Midwest.2016-10-12T14:04:09"
US Stocks Fall Slightly Ahead of Fed Minutes,Stock Market,"US Stocks Fall Slightly Ahead of Fed MinutesUnited States Stock MarketWall Street opened lower on Wednesday amid falling oil prices while investors await FOMC minutes release later in the day for further clues on the timing of next Fed's rate hike. The Dow Jones fell 38 points or 0.2%, the S&P 500 was down 4 points or 0.2% and the Nasdaq traded 17 points or 0.3% lower around 11 minutes after the open.2016-10-12T13:48:27"
US Mortgage Applications Fall 6%,Mortgage Applications,"US Mortgage Applications Fall 6%United States Mortgage ApplicationsMortgage applications in the United States shrank 6 percent in the week ended October 7th 2016 from the prior period, data from the Mortgage Bankers Association showed. It is the biggest drop in three weeks and follows a 2.9 percent rise in the previous period. Refinance applications fell 8 percent and applications to purchase a home went down 2.6 percent. Average fixed 30-year mortgage rates rose 6bps to 3.68 percent.2016-10-12T11:03:55.08"
"US Stocks Close Lower on Oil, Earnings Concerns",Stock Market,"US Stocks Close Lower on Oil, Earnings ConcernsUnited States Stock MarketUS stocks closed in the red on Tuesday amid a drop in oil prices, as a downbeat start to earnings season and strengthening expectations of a rate rise this year by the Federal Reserve weighed on sentiment. The Dow Jones Industrial Average fell 200 points, or 1.1%, to close at 18,129; the S&P 500 Index closed down 27 points, or 1.2%, at 2,137; and the Nasdaq Composite index dropped 82 points, or 1.5%, to close at 5,247.2016-10-11T20:18:49.19"
Dollar Extends Gains on Tuesday,Currency,"Dollar Extends Gains on TuesdayUnited States CurrencyThe dollar index increased on Tuesday amid rising expectations of a Fed rate hike soon. The greenback gained around 1% against the Euro, 2.3% against the British pound, 0.9% against the Aussie and 1.2% against the Kiwi dollar around 1:50 PM NY time.2016-10-11T17:51:31"
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on TuesdayUnited States Stock MarketWall Street opened lower on Tuesday amid a retreat in oil prices, a rising dollar and the kick-off of the earnings season. So far, Alcoa earnings disappointed. The Dow Jones lost 70 points or 0.4%, the S&P 500 declined 9 points or 0.4% and the Nasdaq traded 15 points or 0.3% lower around 9 minutes after the opening. 2016-10-11T13:49:06.263"
Dollar Hits 11-Week High,Currency,"Dollar Hits 11-Week HighUnited States CurrencyThe dollar index rose on Tuesday to the highest since July after a speech from Fed official Charles Evans raised expectations of a Fed rate hike this year. The greenback gained around 0.7% against the Euro, 0.8% against the British pound, 0.7% against the Aussie, 0.9% against the Kiwi dollar and 0.2% against the yen around 08:00 AM NY time.
2016-10-11T11:56:47"
US Stocks Rise on Oil,Stock Market,"US Stocks Rise on OilUnited States Stock MarketWall Street closed higher on Monday amid a rally in oil prices and after Hillary Clinton appeared to have won a second presidential debate. The Dow Jones added 89 points or 0.5%, the S&P 500 gained 10 points or 0.5% and the Nasdaq closed 36 points or 0.7% higher. 2016-10-10T20:16:08"
US Stocks Rise on Monday,Stock Market,"US Stocks Rise on MondayUnited States Stock MarketWall Street opened in the green on Monday as Hillary Clinton appeared  to have won a second presidential debate and amid a rise in oil prices. The Dow Jones was up 130 points or 0.7%, the S&P 500 gained 13 points or 0.6% and the Nasdaq traded 34 points or 0.7% higher around 9 minutes after the opening.2016-10-10T13:45:27"
"US Stocks Fall on Friday, Lower on the Week",Stock Market,"US Stocks Fall on Friday, Lower on the WeekUnited States Stock MarketWall Street closed lower on Friday ending a 3-week winning streak amid lower-than-expected payroll numbers for September and falling oil prices. The Dow Jones lost 28 points or 0.2%, the S&P 500 lost 7 points or 0.3% and the Nasdaq closed 14 points or 0.3% lower. Considering the full week, the Dow Jones and the Nasdaq lost 0.4% each and the S&P 500 fell 0.7%.2016-10-07T20:11:13.89"
US Consumer Credit Beats Expectations,Consumer Credit,"US Consumer Credit Beats ExpectationsUnited States Consumer CreditConsumer credit in the United States increased by $25.87 billion in August of 2016, following an upwardly revised $17.78 billion rise in July and above market expectations of $16.5 billion. Non-revolving credit rose by $20.23 billion, after increasing by $15 billion in the previous month and revolving credit went up by $5.6 billion, compared with a $2.8 billion rise in July.2016-10-07T19:08:48.537"
US Wholesale Inventories Fall 0.2% in August,Wholesale Inventories,"US Wholesale Inventories Fall 0.2% in AugustUnited States Wholesale InventoriesWholesale stocks in the United States were down 0.2 percent to $589.1 billion in August from July 2016, following a revised 0.1 percent fall in the previous period and worse than market expectations of a 0.1 percent decline. Inventories of nondurable goods were down 0.7 percent due to drop in farm product raw materials (-7.8 percent) and apparel, piece goods, and notions (-2.1 percent). In contrast, inventories of durable goods were up 0.2 percent, mainly due to rise in computer and computer peripheral equipment and software (+1.9 percent).2016-10-07T14:35:09"
US Stocks Trade Mainly Flat After Jobs Report,Stock Market,"US Stocks Trade Mainly Flat After Jobs ReportUnited States Stock MarketWall Street opened mostly flat on Friday amid lower-than-expected payroll numbers for September and falling oil prices. The Dow Jones lost 16 points or 0.1%, the S&P 500 was down 2 points or 0.1% and the Nasdaq traded 5 points or 0.1% lower around 11 minutes after the opening bell.2016-10-07T13:48:15.923"
US Jobless Rate at 5-Month High of 5% in September,Unemployment Rate,"US Jobless Rate at 5-Month High of 5% in September United States Unemployment RateUS unemployment rate increased to 5 percent in September 2016, compared to 4.9 percent in the previous month and missing market expectations of 4.9 percent. It was the highest jobless rate since April, as the number of unemployed persons rose by 90 thousand to 7.9 million while the labor force participation rate edged up by 0.1 percentage point to 62.9 percent.2016-10-07T12:34:45"
US Economy Adds Less Jobs Than Expected in September,Non Farm Payrolls,"US Economy Adds Less Jobs Than Expected in SeptemberUnited States Non Farm PayrollsTotal nonfarm payroll employment in the United States increased by 156,000 in September of 2016, less than a upwardly revised 167,000 in August and below market expectations of 175,000. The change for July was revised down from 275,000 to 252,000.  Employment gains occurred in professional and business services and in health care. 2016-10-07T12:32:56"
US Stocks Close Mainly Flat Ahead of Jobs Report,Stock Market,US Stocks Close Mainly Flat Ahead of Jobs ReportUnited States Stock MarketWall Street finished mostly flat on Thursday amid better-than-expected jobless claims data and higher oil prices as investors await US jobs report due tomorrow. The Dow Jones and the S&P 500 closed nearly flat while the Nasdaq lost 9 points or 0.2%.2016-10-06T20:15:04.62
US Stocks Fall on Thursday,Stock Market,"US Stocks Fall on Thursday United States Stock MarketWall Street opened lower on Thursday despite higher oil prices as investors were cautious ahead of jobs report due tomorrow. In addition, Twitter shares lost around 17 percent after news that major tech firms were unlikely to bid for it.The Dow Jones fell 91 points or 0.5%, the S&P 500 was down 6 points or 0.3% and the Nasdaq lost 19 points or 0.4% around 7 minutes after the opening.2016-10-06T13:44:37.09"
US Jobless Claims Down to 249K,Initial Jobless Claims,"US Jobless Claims Down to 249KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 5,000 to 249,000 in the week ended October 1st, below market expectations of 257,000 and reaching the lowest figure since mid-April. The four-week average, which smooths out week-to-week volatility in the claims data, dropped to 253,500, the lowest since 1973. 2016-10-06T12:37:09.047"
US Corporate Layoffs Rise in September,Challenger Job Cuts,"US Corporate Layoffs Rise in SeptemberUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States increased 38 percent month over month to 44,324 in September of 2016. The rise was led by the education sector, where job cuts increased by 363 percent to 8,671. The bulk came from the collapse of for-profit college ITT Technical Institute, which led to 8,000 job losses. The computer industry continued to see heavy job cutting, announcing another 4,152 job cuts and the retail sector announced 7,296 job cuts. Considering the third quarter of the year, employers announced 121,858 job cuts, down 8 percent from 132,834 in the second quarter and 41 percent lower than the 205,759 job cuts announced a year earlier.2016-10-06T11:39:03.9"
US Stocks Gain on Wednesday,Stock Market,"US Stocks Gain on WednesdayUnited States Stock MarketWall Street closed higher on Wednesday, led by energy and financial shares amid a rally in oil prices and better-than-expected ISM non-manufacturing PMI data. The Dow Jones added 113 points or 0.6%, the S&P 500 rose 9 points or 0.4% and the Nasdaq finished 26 points or 0.5% higher.2016-10-05T20:13:58.543"
US Crude Oil Inventories Fall for 5th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 5th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 2.976 million barrels in the week ended September 30th, 2016, compared to market expectations of a 2.4 million gain. It is the fifth consecutive decline and follows a 1.88 million drop in the previous week. Meanwhile, gasoline stocks went up by 0.222 million barrels.2016-10-05T14:34:15.613"
US Factory Orders Rise 0.2% in August,Factory Orders,"US Factory Orders Rise 0.2% in AugustUnited States Factory OrdersNew orders for manufactured goods in the United States went up 0.2 percent month-over-month in August of 2016, following an downwardly revised 1.4 percent rise in July and above market expectations of a 0.1 percent drop. It is a second consecutive month of increase.2016-10-05T14:07:56.813"
US Non Manufacturing Sector Grows The Most in 11 Months: ISM,Non Manufacturing PMI,"US Non Manufacturing Sector Grows The Most in 11 Months: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index jumped to 57.1 in September of 2016 after slumping to a 6-1/2-year low of 51.4 in August. It is the highest reading since October and well above market expectations of 53 as business activity, new orders and employment all expanded at a faster pace.
2016-10-05T14:07:31"
US Private Sector Growth at 5-Month High: Markit,Composite Pmi,"US Private Sector Growth at 5-Month High: Markit United States Composite PmiThe final Markit US Composite PMI increased to 52.3 in September of 2016 from a preliminary reading of 52 and 51.5 in August. It is the highest reading since April as services increased at a faster pace (52.3 from 51 in August) while manufacturing slowed slightly (51.5 from 52). However, new business volumes and employment numbers expanded at slower rates.2016-10-05T13:57:18.213"
US Markit Services PMI Revised Up to 52.3,Services PMI,"US Markit Services PMI Revised Up to 52.3United States Services PMIThe final Markit US Services PMI increased to 52.3 in September of 2016 from a preliminary reading of 51.9 and 51 in August. It is the highest figure since April. New work increased only moderately, new business growth eased and employment was the weakest since March of 2013 while backlogs of work increased for the third month. Input cost inflation eased. 2016-10-05T13:53:09.95"
US Stocks Rise on Wednesday,Stock Market,"US Stocks Rise on WednesdayUnited States Stock MarketWall Street opened in the green on Wednesday amid rising oil prices and despite lower-than-expected ADP employment data. The Dow Jones was up 83 points or 0.5%, the S&P 500 gained 8 points or 0.4% and the Nasdaq  traded 19 points or 0.4% higher around 6 minutes after the opening bell.2016-10-05T13:41:26.87"
US Imports at 11-Month High in August,Imports,"US Imports at 11-Month High in AugustUnited States ImportsTotal imports to the United States jumped 1.2 percent mom to $228.6 billion, in August of 2016. Imports reached the highest since September last year and recovered from a 0.7 percent fall in July. Purchases of goods increased $1.1 billion to $185.6 billion, boosted by capital goods (up $1.2 billion); civilian aircraft (up $0.6 billion); telecommunications equipment (up $0.3 billion) and other goods (up $0.7 billion). Imports of services increased $1.5 billion to $43.0 billion: charges for the use of intellectual property increased $1.2 billion. The increase reflect payments for the rights to broadcast the 2016 Summer Olympic Games. Travel (for all purposes including education) went up $0.2 billion. Imports from Brazil jumped 34.2 percent and those from China rose 9.5 percent.2016-10-05T13:07:30"
US Exports at 13-Month High in August,Exports,"US Exports at 13-Month High in AugustUnited States ExportsTotal exports from the United States increased 0.8 percent mom to $187.9 billion in August of 2016, reaching the highest value since July of 2015. Exports of goods went up $1.2 billion to $125.3 billion, boosted by industrial supplies and materials (up $1.4 billion); nonmonetary gold (up $0.9 billion) and automotive vehicles, parts, and engines (up $0.4 billion). Exports of services increased $0.3 billion to $62.5 billion: travel (for all purposes including education) increased $0.2 billion; transport, which includes freight and port services and passenger fares, rose $0.1 billion. Shipments to Brazil (+14.8 percent) recorded the highest increase, followed by Mexico (+10.8 percent); Canada (+10.7 percent); OPEC (+8.8 percent); Japan (+5.7 percent); China (+2.6 percent) and the European Union (+1.2 percent).2016-10-05T13:03:49"
US Trade Deficit Widens in August,Balance of Trade,"US Trade Deficit Widens in AugustUnited States Balance of TradeThe US goods and services deficit increased 3 percent mom to $40.73 billion in August of 2016, slightly worse than market expectations of a $39.3 billion gap. Imports jumped  by 1.2 percent to $228.6 billion, the highest since September last year while exports rose by 0.8 percent mom to $187.9 billion, the highest since July of 2015.2016-10-05T12:37:02"
US Companies Create Less Jobs Than Expected: ADP,ADP Employment Change,"US Companies Create Less Jobs Than Expected: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 154 thousand workers in September of 2016 compared to a downwardly revised 175 thousand in August and lower than market expectations of 166 thousand. The service-providing sector added 151 thousand jobs, boosted by professional and business (+45 thousand), trade, transportation and utilities (+15 thousand) and financial activities (+11 thousand). Meanwhile, the goods-producing sector added 3 thousand jobs; construction created 11 thousand while manufacturing shed 6 thousand. Large companies were the ones hiring more (64 thousand), followed by midsized (56 thousand) and small (34 thousand).2016-10-05T12:19:09"
US Mortgage Applications Increase 2.9%,Mortgage Applications,"US Mortgage Applications Increase 2.9%United States Mortgage ApplicationsMortgage applications in the United States rose 2.9 percent in the week ended September 30th 2016 from the prior period, data from the Mortgage Bankers Association showed. It is the first rise in three weeks. Refinance applications went up 4.7 percent and applications to purchase a home edged up 0.1 percent. Average fixed 30-year mortgage rates fell 4bps to 3.62 percent.2016-10-05T11:04:26.437"
US Stocks Drop on Tuesday,Stock Market,"US Stocks Drop on TuesdayUnited States Stock MarketUS stocks finished lower on Tuesday, as a stronger dollar, renewed concerns about the financial health of Deutsche Bank and news that the ECB could end its quantitative easing efforts sooner than planned weighed on sentiment. The Dow Jones Industrial Average fell 85 points, or 0.5%, to close at 18,168; the S&P 500 Index declined 11 points, or 0.5%, to finish at 2,150; the Nasdaq Composite index closed down 11 points, or 0.2%, at 5,290.2016-10-04T20:14:17.647"
NY Business Conditions Index Improves in September,Ism New York Index,"NY Business Conditions Index Improves in SeptemberUnited States Ism New York IndexThe ISM NY Current Business Conditions Index rose to 49.6 in September of 2016, compared to a 47.5 in August. Volume of purchases increased (47.1 from 44.6 in August) and current revenues returned to an expansion territory (51.6 from 50). In contrast, employment dropped to the lowest level since the Great Recession of 2008 and its after effects in 2009 (33.9 from 54.9) and the growth of expected revenues eased (56.7 from 57.1).2016-10-04T13:57:14.21"
US Stocks Open Slightly Higher on Tuesday,Stock Market,"US Stocks Open Slightly Higher on TuesdayUnited States Stock MarketWall Street opened slightly higher on Tuesday following gains in Europe and Asia, as concerns about the financial health of Deutsche Bank helped erase strong gains in premarket trading while investors await a slew of economic data due later this week. The Dow Jones Industrial Average increased 42 points, or 0.2%; the S&P 500 index was up 4 points, or 0.2%; and the Nasdaq Composite Index gained 19 points, or 0.4%, around 10 minutes after the open. 2016-10-04T13:43:23.3"
"US Stocks Close Lower on Brexit, Deutsche Bank Concerns",Stock Market,"US Stocks Close Lower on Brexit, Deutsche Bank ConcernsUnited States Stock MarketWall Street finished in the red on Monday despite a rise in oil prices, as renewed concerns about the financial health of Deutsche Bank and about UK's exit from the European Union weighed on sentiment. The Dow Jones Industrial Average fell 54 points, or 0.3%, to close at 18,254; the S&P 500 Index declined 7 points, or 0.3%, to finish at 2,161; the Nasdaq Composite index closed down 11 points, or 0.2%, at 5,301.2016-10-03T20:21:03"
US Stocks Fall on Monday,Stock Market,US Stocks Fall on MondayUnited States Stock MarketWall Street traded lower on Monday despite better-than-expected manufacturing data for September as investors awaited more news surrounding the US Department of Justice’s probe into Deutsche Bank. The Dow Jones decreased 71 points or 0.4%; the S&P 500 was down 8 points or 0.4%; and the Nasdaq retreated 12 points or 0.2% around 11:00 AM NY time. 2016-10-03T15:11:40.403
US Construction Spending Falls Unexpectedly in August,Construction Spending,"US Construction Spending Falls Unexpectedly in AugustUnited States Construction SpendingConstruction spending in the United States fell 0.7 percent in August 2016, following a downwardly revised 0.3 percent drop in July and missing market expectations of a 0.2 percent gain. Public construction spending dropped sharply by 2 percent, dragged lower by educational construction (-0.4 percent); highway (-2.9 percent); power (-17.2 percent) and transportation (-8.8 percent). Also, private construction declined 0.3 percent, as spending decreased for: nonresidential construction (-1.1 percent) and residential construction (-0.2 percent). During the first eight months of this year, construction spending amounted to $755 billion, 4.9 percent above the $720 billion for the same period in 2015.2016-10-03T14:09:23.643"
US Factory Activity Growth Beats Expectations: ISM,Business Confidence,"US Factory Activity Growth Beats Expectations: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI rose to 51.5 in September 2016 from 49.4 in August, way above market expectations of 50.3. New orders and production rebounded sharply while employment contracted at a slower pace.2016-10-03T14:03:51"
US Manufacturing Growth Slows to a 3-Month Low: Markit,Manufacturing PMI,"US Manufacturing Growth Slows to a 3-Month Low: MarkitUnited States Manufacturing PMIThe seasonally adjusted Markit final US Manufacturing PMI fell to 51.5 in September 2016 from 52 in the previous month, but better than the earlier flash reading of 51.4. It was the weakest reading in three months, as output and new orders expanded at a slower pace while new export sales dropped for the first time in four months. 2016-10-03T13:48:21"
US Stocks Recover on Friday,Stock Market,"US Stocks Recover on FridayUnited States Stock MarketWall Street closed higher on Friday amid easing concerns about the financial health of Deutsche Bank. The Dow Jones increased 165 points or 0.9%, the S&P 500 was up 17 points or 0.8% and the Nasdaq gained 43 points or 0.8%. On a week, the Dow Jones rose 1.3%, the S&P 500 went up 0.2% and the Nasdaq was flat. Also, all three benchmarks reported their strongest quarterly gains since December 2015,  the Dow Jones increased 2%, the S&P 500 added 3% and the Nasdaq gained 10%.2016-09-30T20:24:25.903"
US Consumer Sentiment Revised Up in September,Consumer Confidence,US Consumer Sentiment Revised Up in September United States Consumer ConfidenceThe final reading of the University of Michigan's consumer sentiment for the United States increased to 91.2 in September of 2016 from a preliminary reading of 89.8 and a final of 89.8 in the previous month. It is the highest reading in three months and better than market expectations of 90. Consumers were more confident about the future and less pessimistic over current conditions than initially anticipated. 2016-09-30T14:13:02.793
US Chicago PMI Beats Expectations in September,Chicago Pmi,"US Chicago PMI Beats Expectations in SeptemberUnited States Chicago PmiThe MNI Chicago Business Barometer increased by 2.7 points to 54.2 in September 2016 from 51.5 in August, beating market expectations of 52. It was the first rise in three months, driven by a sharp gain in production, which rose 7.3 points to 59.8, the highest since January 2016. Meanwhile, new orders and order backlogs were little changed and employment fell. 2016-09-30T13:53:51"
US Stocks Recover on Friday,Stock Market,"US Stocks Recover on FridayUnited States Stock MarketWall Street opened higher on Friday amid easing concerns about the financial health of Deutsche Bank, volatile oil prices and mixed data for personal spending and income. The Dow Jones increased 101 points or 0.6%, the S&P 500 was up 9 points or 0.4% and the Nasdaq gained 19 points or 0.4% around 8 minutes after the open. 2016-09-30T13:47:34"
US PCE Prices Rise 0.1% MoM in August,PCE Price Index Monthly Change,"US PCE Prices Rise 0.1% MoM in AugustUnited States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States edged up 0.1 percent month-over-month in August 2016, after showing no growth in July. Cost of services rose 0.2 percent (the same as in the previous month), while prices of goods were unchanged (from -0.4 percent in July). Compared to the same month a year earlier, the PCE price index went up 1 percent, following a 0.8 percent increase in July. Excluding food and energy, prices increased by 0.2 percent month-over-month and by 1.7 percent from the previous year.2016-09-30T12:43:41.95"
US Personal Spending Unchanged in August,Personal Spending,"US Personal Spending Unchanged in AugustUnited States Personal SpendingConsumer spending in the United States was flat in August from July of 2016, after rising an upwardly revised 0.4 percent in the previous period. It is the worst performance in five months and worse than market expectations of a 0.1 percent gain. Spending declined for both durable (-1.3 percent) and nondurable (-0.2 percent) goods but rose 0.3 percent for services.2016-09-30T12:42:10"
US Personal Income Rises at Slower Pace in August,Personal Income,"US Personal Income Rises at Slower Pace in AugustUnited States Personal IncomePersonal income in the United States increased by 0.2 percent month-over-month in August of 2016, easing from a 0.4 percent growth in July and in line with market expectations. It was the smallest rise since February, as wages and salaries growth slowed to 0.1 percent (from +0.5 percent in July).2016-09-30T12:37:45"
US Stocks Fall on Deutsche Bank Concerns,Stock Market,"US Stocks Fall on Deutsche Bank ConcernsUnited States Stock MarketWall Street closed lower on Thursday weighed down by sharp fall in Deutsche Bank shares after a report that some hedge funds clients have started shifting business to other banks. Dow Jones lost 196 points or 1.1%, the S&P 500 fell 20 points or 0.9% and the Nasdaq lost 49.4 points or 0.9%.2016-09-29T20:24:22"
US Pending Home Sales Shrink in August,Pending Home Sales,"US Pending Home Sales Shrink in AugustUnited States Pending Home SalesContracts to buy previously owned US homes fell 0.2 percent percent year-on-year in August of 2016, following a 1.4 percent gain in July. Compared to the previous month, sales slumped 2.4 percent, following a downwardly revised 1.2 percent gain in July and much worse than market expectations of a flat reading. Sales fell the most in the West (-5.3 percent), the South (-3.2 percent) and the Midwest (-0.9 percent), but rose in the Northeast (+1.3 percent). 2016-09-29T14:14:09.687"
US Stocks Trade Lower on Oil,Stock Market,"US Stocks Trade Lower on Oil United States Stock MarketWall Street opened slightly lower on Thursday amid volatile oil prices as investors became more skeptic regarding OPEC's deal to cut production and despite an upward revision to second quarter GDP growth. Dow Jones was down 15 points or 0.08%, the S&P 500 fell 2 points or 0.1% and the Nasdaq lost 8 points or 0.2% around 14 minutes after the opening bell.2016-09-29T13:54:30"
US Corporate Profits Fall 1.9% in Q2,Corporate Profits,"US Corporate Profits Fall 1.9% in Q2 United States Corporate ProfitsCorporate profits in the United States decreased by 1.9 percent or $28.9 billion to $1477.1 billion in the second quarter of 2016, after falling 2.4 percent according to preliminary estimates. Dividends decreased 1 percent or $9.3 billion and undistributed profits dropped 3.6 percent or $19.3 billion. Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, fell 0.6 percent or $13.4 billion.2016-09-29T12:39:45.737"
US Jobless Claims Rise Less Than Expected,Initial Jobless Claims,"US Jobless Claims Rise Less Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 3,000 to 254,000 in the week ended September 24th compared with the previous week's revised level of 251,000 and below market expectations of 260,000. The four-week average, which smooths out week-to-week volatility in the claims data, dropped to 256,000, matching an April reading as the lowest average since 1973.2016-09-29T12:35:25"
US GDP Growth Rate Revised Up to 1.4% in Q2,GDP Growth Rate,"US GDP Growth Rate Revised Up to 1.4% in Q2United States GDP Growth RateUnited States economy expanded 1.4 percent in the second quarter of 2016, more than 1.1 percent reported in the second estimate and much better than 0.8 percent reported in the first three months of 2016. With the third estimate for the second quarter, the general picture of economic growth remains the same. The most notable change from the second to third estimate is that nonresidential fixed investment increased in the second quarter; in the previous estimate, nonresidential fixed investment decreased. The increase in real GDP in the second quarter reflected positive contributions from personalconsumption expenditures (PCE), exports, and nonresidential fixed investment. These were partly offset by negative contributions from private inventory investment, residential fixed investment, and state and local government spending. Imports, which are a subtraction in the calculation of GDP, increased 

2016-09-29T12:35:19.667"
US Stocks Gain on Oil,Stock Market,"US Stocks Gain on OilUnited States Stock MarketWall Street closed in the green on Wednesday as oil prices jumped after the news that OPEC reached an agreement to limit oil production. The Dow Jones gained 111 points or 0.6%, S&P 500 increased 11 points or 0.5% and the Nasdaq added 13 points or 0.2%.2016-09-28T20:14:50.743"
US Crude Oil Inventories Fall for 4th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 4th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 1.88 million barrels in the week ended September 23rd, 2016, compared to market expectations of a 3 million gain. It follows a 6.2 million drop in the previous week. Meanwhile, gasoline stocks went up by 2 million barrels.2016-09-28T14:36:22.223"
US Stocks Gain Slightly on Wednesday,Stock Market,"US Stocks Gain Slightly on Wednesday United States Stock MarketWall Street opened in the green on Wednesday amid  higher oil prices and better-than-expected data for durable goods while investors await Fed Chair Yellen testimony before the House Financial Services Committee and other speeches from Fed officials during the day. The Dow Jones gained 37 points or 0.2%, S&P 500 increased 3 points or 0.1% and the Nasdaq added 7 points or 0.1% around 15 minutes after the opening bell.2016-09-28T13:51:56"
US Durable Goods Orders Flat in August,Durable Goods Orders,"US Durable Goods Orders Flat in AugustUnited States Durable Goods OrdersNew orders for US manufactured durable goods were unchanged in August from July of 2016, following a downwardly revised 3.6 percent gain in the previous period and better than market expectations of a 1.4 percent fall. Non-defense capital goods orders excluding aircrafts, a proxy for business spending increased 0.6 percent, the third consecutive gain. 



2016-09-28T12:38:32"
US Mortgage Applications Fall for 2nd Week,Mortgage Applications,"US Mortgage Applications Fall for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States declined 0.7 percent in the week ended September 23rd 2016 from the prior period, data from the Mortgage Bankers Association showed. It is the second consecutive fall, following a 7.3 percent drop in the previous period. Refinance applications declined 1.6 percent while applications to purchase a home were up 0.8 percent. Average fixed 30-year mortgage rates fell 4bps to 3.66 percent. 2016-09-28T11:10:56.62"
US Stocks Close Higher on Tuesday,Stock Market,"US Stocks Close Higher on TuesdayUnited States Stock MarketWall Street closed higher on Tuesday, despite fall in oil prices, as better-than-expected US consumer confidence data and the first presidential debate between Hillary Clinton and Donald Trump on Monday night lifted investors' sentiment. The Dow Jones went up 133.5 points or 0.74%, the S&P 500 added 13.8 points or 0.64% and the Nasdaq increased 48.2 points or 0.92%.2016-09-27T20:15:27.247"
Richmond Fed Manufacturing Index Below Expectations,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index Below ExpectationsUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia went up to -8 in September of 2016 from -11 in the previous month but worse than market expectations of -2. Shipments (-4 from -14 in August) and new orders (-7 from -20) continued to fall although at a slower pace while wage growth slowed (13 from 21) and employment contracted for the first time in three years (-13 from 7).2016-09-27T14:17:03.003"
US Private Sector Growth at 5-Month High: Markit,Composite Pmi,"US Private Sector Growth at 5-Month High: MarkitUnited States Composite PmiThe flash Markit US Composite PMI increased to 52 in September of 2016 from 51.5 in August, reaching the highest reading since April. Services sector growth picked up (51.9 from 51 in the previous month) while manufacturing activity registered a weaker expansion (51.4 from 52). 2016-09-27T14:06:07.383"
US Services Sector Growth Picks Up in September: Markit,Services PMI,"US Services Sector Growth Picks Up in September: MarkitUnited States Services PMIThe flash Markit US Services PMI rose to 51.9 in September from 51 in August, and above market expectations of 51.1. It was the sharpest rise in activity since April mostly due to growth in ongoing new business while new orders, employment and inflationary pressures eased.2016-09-27T13:54:18"
US Stocks Open Mainly Flat After Presidential Debate,Stock Market,US Stocks Open Mainly Flat After Presidential DebateUnited States Stock MarketWall Street traded mainly flat on Tuesday amid lower oil prices and after the first presidential debate between Hillary Clinton and Donald Trump on Monday night. The Dow Jones and the S&P 500 traded near the flatline while the Nasdaq was up slightly by 4 points or 0.1% around 5 minutes after the opening bell.2016-09-27T13:43:01
S&P Case-Shiller House Price Growth Slows in July,Case Shiller Home Price Index YoY,"S&P Case-Shiller House Price Growth Slows in JulyUnited States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5 percent year-on-year in July of 2016, slowing from a 5.1 percent increase in June and below market expectations of 5.1 percent. It is the lowest gain since August last year. Portland, Seattle, and Denver reported the highest annual gains over each of the last six months with prices up by 12.4 percent, 11.2 percent and 9.4 percent respectively in July. On a monthly basis, the S&P CoreLogic Case-Shiller 20-City Home Price Index increased 0.6 percent, easing from a 0.8 percent rise in June.

2016-09-27T13:12:09.133"
US Stocks Close Lower on Monday,Stock Market,"US Stocks Close Lower on MondayUnited States Stock MarketWall Street fell sharply on Monday mainly hurt by the financial sector after a slump in Deutsche Bank shares while investors await the first Hillary-Trump debate. The Dow Jones fell 167 points or 0.9%, the S&P 500 went down 19 points or 0.9% and the Nasdaq lost 48 points or 0.9%.2016-09-26T20:19:38.683"
Dallas Fed Texas Activity Index Improves in September,Dallas Fed Manufacturing Index,"Dallas Fed Texas Activity Index Improves in SeptemberUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas rose to -3.7 in September 2016 from -6.2 in August, but below market expectations of -3. The production index rose 12 points to 16.7, suggesting output picked up at a notably faster pace this month; and the capacity utilization and shipments indexes posted double-digit gain to reach 13.5 and 20.1, respectively. The employment index came in at 2.3, its first positive reading in nine months, and the hours worked index also moved up to positive territory, coming in at 3.7. In contrast, the new orders fell to -2.9 from 5.3. Meanwhile, expectations regarding future business conditions improved again with the index of future general business activity posting a fourth positive reading in a row.2016-09-26T14:42:08"
US New Home Sales Fall Less than Expected,New Home Sales,"US New Home Sales Fall Less than ExpectedUnited States New Home SalesSales of new single-family houses in the United States fell 7.6 percent to a seasonally adjusted annual rate of 609,000 in August of 2016, better than market expectations of an 8.8 percent decline. Figures for the previous month were revised up by 5,000 to 659,000, the highest since 2007.2016-09-26T14:07:04"
US Stocks Extend Losses on Monday,Stock Market,"US Stocks Extend Losses on MondayUnited States Stock MarketWall Street opened in the red on Monday as investors were cautious ahead of the first Hillary-Trump presidential debate tonight. The Dow Jones lost 154 points or 0.8%, the S&P 500 was down 15 points or 0.7% and the Nasdaq traded 41 points or 0.8% lower around 15 minutes after the opening bell. 2016-09-26T13:52:24"
"US Stocks Fall on Friday, Gain on the Week",Stock Market,"US Stocks Fall on Friday, Gain on the WeekUnited States Stock MarketWall Street closed lower on Friday, ending a three-day winning streak amid a sharp drop in oil prices and lower-than-expected preliminary Markit manufacturing PMI data. The Dow Jones declined 131 points or 0.7%, the S&P 500 lost 12 points or 0.6% and the Nasdaq finished 34 points or 0.6% lower. Considering the full week, the Dow Jones gained 0.8%, the S&P 500 added 1.2% and the Nasdaq rose 1.2%.2016-09-23T20:21:47.36"
US Factory Activity Growth Slows More than Expected,Manufacturing PMI,"US Factory Activity Growth Slows More than ExpectedUnited States Manufacturing PMIThe flash Markit manufacturing PMI for the United States declined to 51.4 in September of 2016 from 52 in August and below market expectations of 51.9. New business growth eased further, output slowed and export orders fell for the first time in four months while payrolls increased. 2016-09-23T13:52:53.99"
US Stocks Fall on Friday,Stock Market,"US Stocks Fall on FridayUnited States Stock MarketWall Street opened in the red on Friday, pausing a three-day rally amid volatile oil prices while investors await manufacturing PMI data. The Dow Jones declined 29 points or 0.2%, the S&P 500 lost 5 points or 0.2% and the Nasdaq fell 12 points or 0.2% around 7 minutes after the opening bell.2016-09-23T13:44:43"
US Stocks Extend Gains on Thursday,Stock Market,"US Stocks Extend Gains on ThursdayUnited States Stock MarketWall Street closed in the green on Thursday, extending Wednesday gains as investors digest latest Federal Reserve monetary policy decision amid higher oil prices and mixed economic data. The Dow Jones added 99 points or 0.5%, the S&P 500 went up 14 points or 0.65% and the Nasdaq gained 44 points or 0.8%, closing at a fresh record high of 5339.2016-09-22T20:11:59.727"
US Existing Home Sales Fall 0.9%,Existing Home Sales,"US Existing Home Sales Fall 0.9% United States Existing Home SalesSales of previously owned houses in the United States declined 0.9 percent to a seasonally adjusted annual rate of 5330 thousand in August of 2016. It is the second consecutive decline, missing market expectations of a 1.1 percent gain. Sales of single family homes shrank 2.3 percent which those of condos increased 10.5 percent. The average price fell 1 percent and the months’ worth of supply went down to 4.6.2016-09-22T14:08:49.613"
Wall Street Rally Continues on Thursday,Stock Market,"Wall Street Rally Continues on ThursdayUnited States Stock MarketUS stocks opened in the green on Thursday, extending Wednesday gains as investors digest latest Federal Reserve monetary policy decision amid higher oil prices and better-than-expected jobless claims data. The Dow Jones was up 128 points or 0.7%, the S&P 500 gained 15 points or 0.7% and the Nasdaq traded 32 points or 0.6% higher around 6 minutes after the opening bell.2016-09-22T13:43:42.28"
US House Prices Rise 0.5% MoM in July: FHFA,FHFA House Price Index MoM,"US House Prices Rise 0.5% MoM in July: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States rose 0.5 percent on the month in July 2016, following an upwardly revised 0.3 percent growth in June and beating market expectations of a 0.3 percent gain. Year-on-year, the FHFA house price index went up 5.8 percent compared to a 5.6 percent increase in June. 2016-09-22T13:03:20.83"
Chicago Fed National Activity Index Drops in August,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Drops in AugustUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index (CFNAI) in the US dropped to -0.55 in August 2016 from a downwardly revised 0.24 in the previous month, missing market expectations. The contribution from production-related indicators to the CFNAI fell to –0.33 from +0.15 in July, as industrial production moved down 0.4 percent and manufacturing industrial production decreased 0.4 percent. The sales, orders, and inventories category made a contribution of –0.05, down from a neutral reading in July. Employment-related indicators contributed –0.09, down from +0.15 in July and the contribution of the personal consumption and housing category ticked down to –0.08 in August from –0.06 in July. 2016-09-22T12:39:55.963"
US Initial Jobless Claims Down to 2-Month Low,Initial Jobless Claims,"US Initial Jobless Claims Down to 2-Month LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 8,000 to 252,000 in the week ended September 17th 2016. It marks the lowest figure in two months and below market expectations of 262,000. It is the 81st consecutive week initial claims are below 300,000, the longest streak since 1970 and signaling the labour market strength.
2016-09-22T12:38:14"
US Stocks Gain After Fed,Stock Market,"US Stocks Gain After FedUnited States Stock MarketWall Street closed sharply higher on Wednesday after the Federal Reserve left interest rates on hold but signaled a rate hike is on the table for this year. The Dow Jones went up 164 points or 0.9%, the S&P 500 added 23 points or 1.1% and the Nasdaq gained 54 points or 1% to 5295, an all-time high.  2016-09-21T20:32:20"
Fed Keeps Rates on Hold,Interest Rate,"Fed Keeps Rates on HoldUnited States Interest RateThe Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the sixth time during its September 2016 meeting. Policymakers said that the case for a rate hike has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives. Three out of ten members voted for a rate hike. Fed Chair Janet Yellen, speaking after the central bank's latest policy statement, said US growth has strengthen and rate hikes would be necessary to keep the economy from overheating and fueling high inflation. 
2016-09-21T18:00:48"
US Crude Oil Inventories Fall for 3rd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 3rd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 6.2 million barrels in the week ended September 16th, 2016, compared to market expectations of a 3 million gain. It follows a 0.559 million drop in the previous week. Meanwhile, gasoline stocks went down by 3.2 million barrels, compared to market expectations of a 0.7 million fall.2016-09-21T14:34:39.743"
US Stocks Open Higher Ahead of Fed,Stock Market,"US Stocks Open Higher Ahead of FedUnited States Stock MarketWall Street opened in the green on Wednesday as investors await Fed interest rate decision later in the day while the Bank of Japan left its key rate unchanged but said it would introduce yield curve control to hasten its fight against deflation. The Dow Jones added 88 points or 0.5%, the S&P 500 went up 9 points or 0.4% and the Nasdaq gained 22 points or 0.4% around 7 minutes after the opening bell.2016-09-21T13:43:04.367"
US Mortgage Applications Fall 7.3% in Latest Week,Mortgage Applications,"US Mortgage Applications Fall 7.3% in Latest WeekUnited States Mortgage ApplicationsMortgage applications in the United States declined 7.3 percent in the week ended September 16th 2016 from the prior period, data from the Mortgage Bankers Association showed. It is the first fall in four weeks, following a 4.2 percent jump in the previous period. Refinance applications declined 7.6 percent and applications to purchase a home were down 6.8 percent. Average fixed 30-year mortgage rates increased 3bps to 3.7 percent, the highest rate in nearly three months. 2016-09-21T11:08:14"
"US Stocks Rise Slightly Ahead of Fed, BoJ",Stock Market,"US Stocks Rise Slightly Ahead of Fed, BoJUnited States Stock MarketWall Street closed slightly higher on Tuesday as investors await Fed and Bank of Japan monetary policy decisions due tomorrow and despite disappointing data for housing starts and building permits.  The Dow Jones went up 10 points or less than 0.1%, the S&P 500 gained less than 1 point and the Nasdaq added 6 points or 0.1%.2016-09-20T20:21:31.457"
US Stocks Rise on Tuesday,Stock Market,"US Stocks Rise on TuesdayUnited States Stock MarketWall Street opened in the green on Tuesday as investors await Fed and Bank of Japan monetary policy decisions tomorrow and despite falling oil prices and disappointing data for housing starts and building permits. The Dow Jones rose 100 points or 0.6%, the S&P 500 increased 9 points or 0.4% and the Nadasq added 20 points or 0.4% around 5 minutes after the open.2016-09-20T13:43:41.45"
US Housing Starts Fall More than Expected,Housing Starts,"US Housing Starts Fall More than ExpectedUnited States Housing StartsHousing starts in the United States shrank 5.8 percent to a seasonally adjusted annualized rate of 1142 thousand in August from July of 2016, after rising a downwardly revised 1.4 percent in the previous period. Figures came much worse than market expectations of a 1.7 percent decline, reaching the lowest in three months. Permits for future construction fell 0.4 percent to 1139 thousand. 2016-09-20T12:38:29.373"
US Building Permits Drop Unexpectedly in August,Building Permits,"US Building Permits Drop Unexpectedly in AugustUnited States Building PermitsBuilding permits in the Unites States fell 0.4 percent to a seasonally adjusted annual rate of 1139 thousand in August 2016 from 1144 thousand in the previous month, missing market expectations of a 2.5 percent rise to 1170 thousand. Authorizations of units in buildings with five units or more fell sharply by 8.4 percent to a rate of 370,000; while single-family authorizations increased 3.7 percent to a rate of 737,000. Building permits fell in the South (-3.4 percent), but rose in the Northeast (+5.1 percent), in the Midwest (+4.2 percent) and in the West (+0.7 percent).2016-09-20T12:36:57"
US Stocks Fail to Sustain Gains,Stock Market,"US Stocks Fail to Sustain GainsUnited States Stock MarketWall Street closed flat to lower on Monday, giving up early gains as investors were cautious ahead of Fed and Bank of Japan monetary policy decisions on Wednesday. The Dow Jones and the S&P 500 ended near the flatline while the Nasdaq lost 10 points or 0.2%. 2016-09-19T20:11:28.337"
US Homebuilder Sentiment at 11-Month High: NAHB,Nahb Housing Market Index,"US Homebuilder Sentiment at 11-Month High: NAHBUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States increased to 65 in September 2016 from a downwardly revised 59 in August. Figures came well above market expectations of 60, reaching the highest in eleven months. Current single-family home sales went up 6 points to 71; sales expectations over the next six months rose 5 points to 71 and buyer traffic increased 4 points to 48.
2016-09-19T14:09:42.257"
US Stocks Open Higher on Monday,Stock Market,"US Stocks Open Higher on MondayUnited States Stock MarketWall Street opened in the green on Monday amid rising oil prices while investors await Fed and Bank of Japan monetary policy decisions on Wednesday. The Dow Jones added 89 points or 0.5%, the S&P 500 gained 10 points or 0.5% and the Nasdaq rose 23 points or 0.4% around 7 minutes after the opening bell. 2016-09-19T13:44:27.107"
"US Stocks Fall on Friday, Gain on the Week",Stock Market,"US Stocks Fall on Friday, Gain on the WeekUnited States Stock MarketWall Street closed in the red on Friday amid lower oil prices and better-than-expected inflation data for August while investors await Fed monetary policy decision next week. The Dow Jones closed 89 points or 0.5% lower, the S&P 500 declined 8 points or 0.4% and the Nasdaq lost 5 points or 0.1%. On the week, the Dow Jones added 0.2%, the S&P 500 went up 0.5% and the Nasdaq gained 2.3%, boosted by Apple. 2016-09-16T20:32:37.81"
Foreigners Bought $140.6B of US Assets in July,Capital Flows,"Foreigners Bought $140.6B of US Assets in JulyUnited States Capital FlowsOverseas investors bought $140.6 billion of US assets in July of 2016, including short-dated instruments after selling a downwardly revised $194.5 billion in June. Foreign investors sold $13.1 billion of US Treasuries, after selling $32.9 billion in June. Foreigners also bought $103.9 billion of long-term US securities, including government and corporate, after selling a downwardly $0.5 billion in the previous month.2016-09-16T20:16:31.427"
US Consumer Sentiment Flat at 89.8 in September,Consumer Confidence,"US Consumer Sentiment Flat at 89.8 in SeptemberUnited States Consumer ConfidenceThe preliminary reading of the University of Michigan's consumer sentiment for the United States was unchanged at 89.8 in September of 2016 from 89.8 in the previous month. Figures came below market expectations of 90.8, mainly due to less favorable current conditions while future expectations regarding the overall economy improved.2016-09-16T14:08:20.847"
US Stocks Fall on Friday,Stock Market,"US Stocks Fall on FridayUnited States Stock MarketWall Street opened in the red on Friday, dragged down mainly by energy and financial shares amid lower oil prices and better-than-expected inflation data. The Dow Jones fell 95 points or 0.5%, the S&P 500 was down 12 points or 0.5% and the Nasdaq lost 18 points or 0.3% around 6 minutes after the open.2016-09-16T13:48:09.38"
US Inflation Rate Beats Expectations in August,Inflation Rate,"US Inflation Rate Beats Expectations in AugustUnited States Inflation RateConsumer prices in the United States went up 1.1 percent year-on-year in August of 2016, higher than 0.8 percent in July and above market forecasts of a 1 percent gain. It is the biggest inflation figure in four months. The monthly index rose 0.2 percent after being flat in July. 2016-09-16T12:34:07.97"
US Stocks Rally on Thursday,Stock Market,"US Stocks Rally on ThursdayUnited States Stock MarketWall Street closed in the green on Thursday, as weaker-than-expected US retail sales and industrial production data lowered the chance of Fed interest rate hike next week, oil prices rebounded and Apple led technology sector higher. The Dow Jones went up 177.7 points or 0.99%, the S&P 500 added 21.5 points or 1% and the Nasdaq gained 75.2 points or 1.47%.2016-09-15T20:17:32.613"
US Business Inventories Flat in July,Business Inventories,"US Business Inventories Flat in JulyUnited States Business InventoriesManufacturers’ and trade inventories in the United States were unchanged in July from June of 2016, following a 0.2 percent rise in the previous period and lower than market expectations of 0.1 percent gain. Retail inventories excluding autos, which go into the calculation of GDP fell 0.3 percent. Year-on-year, inventories were up 0.5 percent.2016-09-15T14:08:22"
US Stocks Trade Mainly Flat After Mixed Data,Stock Market,US Stocks Trade Mainly Flat After Mixed DataUnited States Stock MarketWall Street opened mainly flat on Thursday amid mixed economic data: retail sales and industrial production fell more-than-expected while jobless claims beat forecasts. The Dow Jones and the S&P 500 traded near the flatline while the Nasdaq was up 12 points or 0.2% around 10 minutes after the open.2016-09-15T13:51:05.08
US Industrial Production Falls More than Expected,Industrial Production Mom,"US Industrial Production Falls More than ExpectedUnited States Industrial Production MomIndustrial production in the United States declined 0.4 percent in August from July of 2016, following a downwardly revised 0.6 percent gain in the previous month and worse than market expectations of a 0.3 percent fall. Manufacturing and utilities output declined while mining went up for the fourth straight month. 2016-09-15T13:22:38.117"
US NY Empire State Manufacturing Index Stays Negative,NY Empire State Manufacturing Index,"US NY Empire State Manufacturing Index Stays NegativeUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index remained into negative territory but inched up to -1.99 in September 2016, compared to -4.21 in the previous month. Inventory levels declined at a faster pace and delivery times have shortened. Meanwhile, new orders and shipments declined markedly and labor market conditions weakened, with both employment levels and the average workweek reported as lower. Price indexes remained close to last month’s levels, and indicated ongoing moderate input price increases coupled with a continued slight growth in selling prices. Indexes for the six-month outlook suggested that firms generally expect conditions to improve in the months ahead.2016-09-15T12:56:30"
US Current Account Deficit Narrows 9% in Q2,Current Account,US Current Account Deficit Narrows 9% in Q2United States Current AccountThe current account gap in the United States narrowed to USD 119.9 billion or 2.6 percent of GDP in the second quarter of 2016 from an upwardly revised USD 131.8 billion shortfall in the previous period and slightly less than market expectations of a USD 120.5 billion deficit. The narrowing reflects an USD 8.9 billion increase in the surplus on primary income to USD 42.9 billion; a USD 3.1 billion decrease in the deficit on secondary income to USD 37.6 billion and a USD 0.4 billion increase in the surplus on services to USD 61.5 billion. These changes were partly offset by a USD 0.5 billion increase in the deficit on goods to USD 186.7 billion.2016-09-15T12:49:16
Philadelphia Manufacturing Activity Index at 19-Month High,Philadelphia Fed Manufacturing Index,"Philadelphia Manufacturing Activity Index at 19-Month HighUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index increased to 12.8 in September 2016 from 2 in August, way above market expectations of 1. It was the highest level since February 2015 and the first time since August last year the index has registered two consecutive positive readings. The new orders index rose to 1.4 from -7.2, as the percentage of firms reporting increases in new orders this month edged up to 30 percent from 27 percent last month. Meanwhile, the current shipments index declined to -8.8 from 8.4 in August and the employment index remained negative for the ninth consecutive month, although it improved to -5.3 from -20 the previous month. Still, firms remained optimistic about growth over the next six months and were more positive about increasing employment.2016-09-15T12:45:52"
US Producer Prices Flat in August,Producer Price Inflation MoM,"US Producer Prices Flat in AugustUnited States Producer Price Inflation MoMProducer prices for final demand in the United States were unchanged on the month in August 2016, following a 0.4 percent drop in the previous month and below market expectations of 0.1 percent increase. The index for final demand goods prices declined 0.4 percent, led by lower cost of food (-1.6 percent) and energy (-0.8 percent). Meanwhile, prices for final demand services rose 0.1 percent, as cost less trade, transportation, and warehousing increased 0.5 percent. Compared to the same month of the previous year, factory gate prices were flat.2016-09-15T12:40:36.763"
US Retail Sales Drops 0.3% in August,Retail Sales MoM,"US Retail Sales Drops 0.3% in AugustUnited States Retail Sales MoMRetail sales in the United States declined 0.3 percent in August from July of 2016, following an upwardly revised 0.1 percent gain in the previous period and worse than market expectations of a 0.1 percent fall. It is first decline in 5 months as sales dropped for almost all stores except grocers and clothing. Biggest decreases were observed at auto dealers (-0.9 percent), gas stations (-0.8 percent), home-improvement centers (-1.4 percent), department stores (-0.6 percent).  Excluding autos, retail sales edged down 0.1 percent.2016-09-15T12:37:39"
US Jobless Claims Rise Less Than Expected,Initial Jobless Claims,"US Jobless Claims Rise Less Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 1,000 to 260,000 in the week ended September 10th compared with the previous week's unrevised level of 259,000 and below market expectations of 265,000. The four-week average, seen as a better measure of labor market trends as it removes week-to-week volatility, dropped to a five-week low of 260,750.2016-09-15T12:33:41.607"
US Stocks Finish Mostly Lower On Oil,Stock Market,"US Stocks Finish Mostly Lower On OilUnited States Stock MarketWall Street closed mostly lower on Wednesday, amid a sharp fall in oil prices despite an unexpected decline in US crude inventories. The Dow Jones went down 31.9 points or 0.18%, the S&P 500 lost 1.25 points or 0.06%. In contrast, the Nasdaq gained 18.5 points or 0.36%, as Apple led technology sector higher.2016-09-14T20:07:53"
US Crude Oil Inventories Fall for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 0.559 million barrels in the week ended September 9th, 2016, compared to market expectations of a 4 million gain. It follows a 14.5 million drop in the previous week, after Tropical Storm Hermine, which threatened the Gulf Coast refining region, led to the loss of some oil production. Meanwhile, gasoline stocks rose by 0.567 million barrels after declining by 4.2 million in the previous week.2016-09-14T14:36:42.52"
US Stocks Inch Higher on Wednesday,Stock Market,"US Stocks Inch Higher on WednesdayUnited States Stock MarketWall Street opened slightly higher on Wednesday, partially recovering from the previous day’s slump amid a continued fall in oil prices while investors await EIA data on US crude inventories. The Dow Jones was up 30 points or 0.2%, the S&P 500 gained 5 points or 0.2% and the Nasdaq traded 21 points or 0.4% higher around 5 minutes after the open. 2016-09-14T13:44:04.177"
US Export Prices Fall the Most in 7 Months,Export Prices MoM,"US Export Prices Fall the Most in 7 MonthsUnited States Export Prices MoMExport prices in the United States declined 0.8 percent in August from July of 2016, the first fall in five months and following a 0.2 percent rise in the previous period. It was the biggest drop since January as agricultural cost went down 3.4 percent due led by a decrease in prices of soybean (-9.5 percent), fruit, vegetables, corn, and meat. Prices for nonagricultural exports also decreased (-0.4 percent), due to industrial supplies and materials, automotive vehicles, capital goods, and consumer goods. Year-on-year, export prices declined 2.4 percent. 2016-09-14T12:39:48"
US Import Prices Drop for 1st Time in 6 Months,Import Prices MoM,"US Import Prices Drop for 1st Time in 6 MonthsUnited States Import Prices MoMImport prices in the United States fell 0.2 percent on the month in August 2016, after ticking up 0.1 percent in July and below market expectations of 0.1 drop. It was the first monthly decrease since February, driven by lower fuel prices (-2.1 percent). Meanwhile, nonfuel import prices were unchanged. Compared with the same month of the previous year, import prices decreased 2.2 percent, easing from a 3.7 percent decline in July. 2016-09-14T12:36:44"
US Mortgage Applications Surge 4.2%,Mortgage Applications,"US Mortgage Applications Surge 4.2%United States Mortgage ApplicationsMortgage applications in the United States jumped 4.2 percent in the week ended September 9th 2016 from the prior period, data from the Mortgage Bankers Association showed. It is the biggest gain in five weeks, following a 0.9 percent rise in the previous period. Refinance applications increased 1.7 percent and applications to purchase a home jumped 8.6 percent. Average fixed 30-year mortgage rates edged down 1bps to 3.67 percent.2016-09-14T11:03:22"
US Stocks Close Sharply Lower as Oil Retreats,Stock Market,"US Stocks Close Sharply Lower as Oil RetreatsUnited States Stock MarketUS stocks fell sharply on Tuesday, dragged lower by a fresh drop in oil prices as investors remained cautious ahead of next week's Federal Reserve meeting. The Dow Jones Industrial Average shed 258 points, or 1.4%, to 18,067; the S&P 500 index slid 32 points, or 1.5%, to 2,127; and the Nasdaq Composite Index sank 57 points, or 1.1%, to 5,155.2016-09-13T20:10:26.54"
US Budget Deficit Widens Sharply in August,Government Budget Value,"US Budget Deficit Widens Sharply in AugustUnited States Government Budget ValueThe US government posted a USD 107 billion budget gap in August 2016, a 67 percent rise from a USD 64 billion deficit in the same month a year earlier and in line with market expectations of a USD 108 billion gap. Outlays rose 23 percent to USD 338 billion while receipts increased at a slower 9.5 percent to USD 231 billion. 2016-09-13T18:06:05.54"
US Stocks Reverse Gains on Tuesday,Stock Market,"US Stocks Reverse Gains on Tuesday United States Stock MarketWall Street opened in the red on Tuesday amid a fall in oil prices while investors await Fed monetary policy decision next week. Brainard comments on Monday were the last ones before the committee meets as Fed officials enter in a quiet period. The Dow Jones lost 105 points or 0.6%, the S&P 500 was down 13 points or 0.6% and the Nasdaq traded 18 points or 0.4% lower around 10 minutes after the open. 2016-09-13T13:52:21.703"
US Stocks Gain on Monday,Stock Market,"US Stocks Gain on MondayUnited States Stock MarketWall Street finished higher on Monday following a sell-off on Friday and after comments from Fed Governor Brainard suggested caution in raising interest rates. The Dow Jones added 240 points or 1.3%, the S&P 500 gained 31 points or 1.5% and the Nasdaq closed 86 points or 1.7% higher. 2016-09-12T20:31:59.627"
US Stocks Extend Gains After Brainard Comments,Stock Market,"US Stocks Extend Gains After Brainard CommentsUnited States Stock MarketWall Street traded higher on Monday, rebounding from a mixed open and partially recovering from Friday’s sell-off after Fed official Brainard suggested caution in raising interest rates. The Dow Jones was up 84 points or 0.5%, the S&P 500 gained 12 points or 0.6% and the Nasdaq traded 38 points or 0.7% higher around 1:30 PM NY time.2016-09-12T17:38:22"
US Stocks Trade Mixed on Monday,Stock Market,"US Stocks Trade Mixed on MondayUnited States Stock MarketWall Street opened mixed on Monday, following a sell-off on Friday that extended to Europe and Asia during Monday on rising concerns of a Fed rate hike next week. The Dow Jones declined 25 points or 0.1%, the S&P 500 traded near the flatline and the Nasdaq gained 5 points or 0.1% around 7 minutes after the opening bell.2016-09-12T13:44:37"
US Stocks Tumble on Uncertainty Over Fed's Policy,Stock Market,"US Stocks Tumble on Uncertainty Over Fed's PolicyUnited States Stock MarketUS stocks closed lower on Friday in its worst trading session since Brexit, after the chief of the Boston Federal Reserve Eric Rosengren said that it would be reasonable to begin to tighten monetary policy as the US economy could be overheating. The Dow Jones Industrial Average retreated nearly 400 points, or 2.2%, to end at 18,085, falling 2.2% for the week; the S&P 500 sank to its lowest close in two months, falling 53 points, or 2.5%, to 2,127 for a weekly loss of 2.4%; and the Nasdaq Composite Index fell 134 points, or 2.5%, to close at 5,125, bringing its weekly loss to 2.4%.2016-09-09T21:17:51.133"
US Wholesale Inventories Unchanged in July,Wholesale Inventories,"US Wholesale Inventories Unchanged in JulyUnited States Wholesale InventoriesWholesale stocks in the United States were nearly flat at $591.3 billion in July from June 2016, following a 0.3 percent gain in the previous period and in line with market expectations. Inventories of durable goods rose 0.3 percent, boosted by professional and commercial equipment and supplies (+1.4 percent). Meanwhile stocks of nondurable goods fell 0.3 percent, as inventories of farm product raw materials were down 2 percent from last month, while inventories of chemicals and allied products increased 1.4 percent. Wholesale stocks excluding autos, the component that goes into GDP calculation, was also unchanged.2016-09-09T15:06:52"
US Stocks Fall on Friday,Stock Market,"US Stocks Fall on FridayUnited States Stock MarketWall Street opened sharply lower on Friday after Federal Reserve Bank of Boston President Rosengren said gradual tightening of monetary policy is likely to be appropriate to avoid overheating the economy, raising expectations of a Fed rate-hike as soon as this month. The Dow Jones fell 149 points or 0.8%, the S&P 500 lost 18 points or 0.8% and the Nasdaq traded 35 points or 0.7% lower around 10 minutes after the open.2016-09-09T15:01:27.737"
US Stocks Close Lower as ECB Disappoints,Stock Market,"US Stocks Close Lower as ECB DisappointsUnited States Stock MarketUS stocks dropped on Thursday, despite a surge in oil prices, after EBC kept interest rates unchanged and did not announce an extension of its quantitative easing program. The Dow industrials fell 46 points, or 0.3%, to 18,480, with Apple and Nike leading declines; the S&P 500 slipped 5 points, or 0.2%, to 2,181, with the biggest losses coming from the technology sector; and the Nasdaq Composite declined 24 points, or 0.5%, to 5,259.2016-09-08T21:10:52.05"
US Consumer Credit Rises More Than Expected in July,Consumer Credit,"US Consumer Credit Rises More Than Expected in JulyUnited States Consumer CreditConsumer credit in the United States increased by $17.71 billion in July 2016 following an upwardly revised $14.53 billion rise in June and above market expectations of $16 billion. Non-revolving credit rose by $14.94 billion, after increasing by $5.36 billion in the previous month and revolving credit went up by $2.78 billion, compared with a $9.17 billion rise in June.2016-09-08T20:04:26.437"
US Crude Stocks Drop the Most in 17 Years: EIA,Crude Oil Stocks Change,"US Crude Stocks Drop the Most in 17 Years: EIAUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell sharply by 14.51 million barrels in the week ended September 2nd, 2016, following a 2.28 million rise in the previous week and compared to market expectations of a 0.4 million gain. It was the biggest fall since 1999, as Tropical Storm Hermine, which threatened the Gulf Coast refining region last week, led to the loss of some US oil production. Meanwhile, gasoline stocks fell by 4.21 million barrels after declining by 0.69 million in the previous week and compared to market expectations of 0.5 million fall.2016-09-08T16:06:09"
US Stocks Open Lower on Thursday,Stock Market,"US Stocks Open Lower on ThursdayUnited States Stock MarketWall Street opened in the red on Thursday after the ECB left rates unchanged as expected but said no discussion about extending the QE programme was made, lowering expectations for new stimulus soon. Apple shares were also trading lower, after gaining 0.6% on Wednesday when the iPhone 7 was launched. The Dow Jones traded 53 points or 0.3% lower, the S&P 500 fell 5 points or 0.2% and the Nasdaq lost 17 points or 0.3% around 3 minutes after the opening bell. 2016-09-08T14:48:17.597"
US Jobless Claims Decline to 7-Week Low,Initial Jobless Claims,"US Jobless Claims Decline to 7-Week LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 4 thousand to 259,000 in the week ended September 3rd 2016. Figures came below market expectations of 265,000, reaching the lowest since mid-July. The 4-week moving average, seen as a better measure of labor market trends as it removes week-to-week volatility, fell by 1,750 to 261,250.2016-09-08T13:36:32"
US Stocks Close Mostly Lower After Beige Book,Stock Market,"US Stocks Close Mostly Lower After Beige BookUnited States Stock MarketMost US stocks fell on Wednesday after Federal Reserve’s Beige Book report showed US economy is expected to grow solidly, suggesting an interest rate hike in the near term is on the table. The S&P 500 edged down less than a point to close at 2,186 and the Dow Jones Industrial Average slipped 12 points to finish at 18,526. In contrast, the Nasdaq Composite Index rose 8 points, or 0.2%, to a record high close of 5,284 aided by Apple which gained 0.6% after unveiling iPhone 7.2016-09-07T21:28:22"
US Job Openings at Record High in July,Job Offers,"US Job Openings at Record High in JulyUnited States Job OffersJob openings in the United States increased by 228,000 to 5.87 million in July 2016 compared to an upwardly revised 5.64 million in the previous month, beating market expectations of 5.58 million. The number of positions waiting to be filled increased mostly in professional and business services (+166,000) and durable goods manufacturing (+27,000) but decreased in health  care and social assistance (-63,000). Among  regions, job openings increased by the most in the West (+76,000), followed by the Midwest (+74,000) and the Northeast (+74,000).2016-09-07T15:09:28"
US Stocks Open Mostly Lower,Stock Market,US Stocks Open Mostly LowerUnited States Stock MarketWall Street opened mixed to lower on Wednesday ahead of data release for job openings and beige book during the day. The Dow Jones lost 17 points or 0.1 percent and the S&P 500 fell 0.1% while the Nasdaq gained 3 points or 0.1% around seven minutes after the open. 2016-09-07T14:43:17
US Mortgage Applications Rise for 2nd Week,Mortgage Applications,"US Mortgage Applications Rise for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States rose 0.9 percent in the week ended September 2nd 2016 from the prior period, data from the Mortgage Bankers Association showed. It follows a 2.8 percent rise in the week before. Refinance applications increased 0.7 percent and applications to purchase a home went up 1.2 percent. Average fixed 30-year mortgage rates edged up 1bps 3.68 percent.2016-09-07T12:06:16.507"
US Stocks Rise on Tuesday,Stock Market,"US Stocks Rise on TuesdayUnited States Stock MarketWall Street closed higher on Tuesday led by energy shares amid a recovery in US crude oil prices while much lower-than-expected ISM non-manufacturing PMI data eased expectations of a Fed rate-hike this month. The Dow Jones increased 46 points or 0.25%, the S&P 500 added 7 points or 0.3% and the Nasdaq finished 26 points or 0.5% higher.2016-09-06T21:30:01"
US IBD/TIPP Economic Optimism Index Slips in September,Economic Optimism Index,"US IBD/TIPP Economic Optimism Index Slips in SeptemberUnited States Economic Optimism IndexIBD/TIPP Economic Optimism Index in the United States decreased to 46.7 in September of 2016 from 48.4 in the previous month and below market expectations of 48.6. Pessimism deepened about the economic outlook over the next six months (40.3 from 44.7 in August) and federal economic policies (41.2 from 42.5 in August). In contrast, the personal financial outlook index edged up 0.6 points to 58.6, the best reading since May, likely helped by a stock market testing new highs and corporate wage hikes. 2016-09-06T15:16:05.393"
US Services Sector Growth Slows to 6-1/2-Year Low: ISM,Non Manufacturing PMI,"US Services Sector Growth Slows to 6-1/2-Year Low: ISM United States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index fell 4.1 percentage points to 51.4 percent in August of 2016 from 55.5 in July, well below market expectations of 55. It is the lowest reading since February of 2010 as activity, new orders and employment all slowed. 
2016-09-06T15:11:04.327"
Wall Street Opens Higher on Tuesday,Stock Market,"Wall Street Opens Higher on TuesdayUnited States Stock MarketStocks in the US traded in the green on Tuesday, the first trading day of the week after the Labour Day holiday amid a retreat in oil prices and big deals for companies: Bayer raised its bid for Monsanto; GE plans to buy Arcam and SLM Solutions; Enbridge to buy Spectra and Danaher to buy Cepheid. The Dow Jones was up 41 points or 0.2%, the S&P 500 added 3 points or 0.1% and the Nasdaq traded 15 points or 0.3% higher around 20 minutes after the opening bell.2016-09-06T15:01:57"
"US Stocks Rise on Friday, Gain on the Week",Stock Market,"US Stocks Rise on Friday, Gain on the WeekUnited States Stock MarketWall Street closed higher on Friday after a worse-than-expected US jobs report for August lowered expectations for a Fed rate hike this month.The Dow Jones added 73 points or 0.4%, the S&P 500 increased 9 points or 0.4% and the Nasdaq closed 23 points or 0.4% higher. On the week, the Dow and the S&P 500 gained 0.5% each and the Nasdaq rose 0.6%. 2016-09-02T21:25:10.77"
US Factory Orders Rise The Most in 9 Months,Factory Orders,"US Factory Orders Rise The Most in 9 MonthsUnited States Factory OrdersNew orders for manufactured goods in the United States went up 1.9 percent month-over-month in July of 2016, following an upwardly revised 1.8 percent decline in June and compared to market expectations of a 2 percent gain. It is the first increase in three months and the highest since October. Orders for transport equipment recorded the biggest rise (10.6 percent), followed by computers and related (10.4 percent), durables (4.4 percent) and electrical equipment appliances (3.7 percent). In contrast, orders for motor vehicles and parts edged down 0.1 percent. Excluding transportation, factory orders rose 0.2 percent and excluding defense orders went up 1.5 percent. 2016-09-02T15:13:41"
NY Business Activity Back to Contraction in August,Ism New York Index,"NY Business Activity Back to Contraction in AugustUnited States Ism New York IndexThe ISM NY Current Business Conditions Index came in at 47.5 in August of 2016, down from a seven-month high of 60.7 in July. Volume of purchases shrank faster (44.6 from 48.3 in July); current revenues were flat (50 from 55.6) and expected revenues (57.1 from 62.1) eased. In contrast, employment rose for the second time in 12 months (54.9 from 45.3) and prices paid accelerated (60.3 from 48.3). 2016-09-02T14:58:46.533"
US Stocks Rise Despite Disappointing Jobs Data,Stock Market,"US Stocks Rise Despite Disappointing Jobs DataUnited States Stock MarketWall Street opened higher on Friday after US jobs report for August came well below expectations, sending the dollar down and lowering expectations of a Fed rate hike this month. The Dow Jones added 88 points or 0.5%, the S&P 500 gained 10 points or 0.4% and the Nasdaq traded 19 points or 0.4% higher around 8 minutes after the opening bell. 2016-09-02T14:47:49"
US Imports Fall 0.8% MoM in July,Imports,"US Imports Fall 0.8% MoM in JulyUnited States ImportsImports to the United States declined 0.8 percent to $225.8 billion in July of 2016 compared to the previous month, following a 1.9 percent growth in June. Imports of goods decreased $1.9 billion to $184.4 billion, led by pharmaceutical preparations (-$1.0 billion); cell phones and other household goods (-$0.6 billion); and civilian aircraft (-$0.9 billion). In contrast, inbound shipments of services increased $0.1 billion to $41.4 billion. 2016-09-02T13:58:10.89"
US Dollar Weakens After Weak August Jobs Report,Currency,US Dollar Weakens After Weak August Jobs ReportUnited States CurrencyThe dollar fell against a basket of currencies on Friday after a weaker than expected US jobs report raised doubts about an impending Federal Reserve’s interest rate hike.2016-09-02T13:57:09
US Exports at 10-Month High in July,Exports,"US Exports at 10-Month High in JulyUnited States ExportsTotal exports from the United States rose by $3.4 billion or 1.9 percent to $186.3 billion in July, following a 0.8 percent growth in the previous period. Exports of goods accounted for almost all the increase as shipments of foods, feeds, and beverages went up by $3.7 billion. 2016-09-02T13:52:26"
US Trade Deficit Narrows in July,Balance of Trade,US Trade Deficit Narrows in JulyUnited States Balance of TradeThe trade gap in the United States declined to USD 39.47 billion in July of 2016 from an upwardly revised USD 44.66 billion deficit in the previous month and below market expectations of a USD 42.7 billion shortfall. Imports declined 0.8 percent while exports rose 1.9 percent to the highest level since September 2015.2016-09-02T13:37:19.403
US Employment Growth Below Expectations in August,Non Farm Payrolls,"US Employment Growth Below Expectations in AugustUnited States Non Farm PayrollsTotal nonfarm payroll employment in the United States increased by 151,000 in August of 2016, lower than a upwardly revised 275,000 in July but below market expectations of 180,000. Employment continued to trend up in several service-providing industries while it declined in manufacturing, mining and construction.2016-09-02T13:34:21"
US Jobless Rate Unchanged at 4.9% in August,Unemployment Rate,"US Jobless Rate Unchanged at 4.9% in AugustUnited States Unemployment RateUS unemployment rate was recorded at 4.9 percent in August 2016, unchanged from the previous two months while missing market expectations of 4.8 percent. The number of unemployed persons was flat at 7.8 million and the labor force participation rate stood at 62.8 percent.2016-09-02T13:32:23"
US Stocks Close Mostly Higher Ahead of Jobs Report,Stock Market,"US Stocks Close Mostly Higher Ahead of Jobs ReportUnited States Stock MarketUS stocks finished mostly in the green on Thursday, recovering from earlier losses, as investors awaited August jobs report due tomorrow while a sharp drop in oil prices weighed on energy shares. The Dow Jones Industrial Average added 18.4 points, or 0.1%, to 18,419.3; and the Nasdaq Composite Index gained 13.99 points, or 0.3%, to 5,227.2. Meanwhile, the S&P 500 fell 0.1 point, or less than 0.1%, to 2170.9.2016-09-01T21:23:16"
US Construction Spending Unchanged in July,Construction Spending,"US Construction Spending Unchanged in JulyUnited States Construction SpendingConstruction spending in the United States showed no growth in July 2016, following an upwardly revised 0.9 percent growth in June and missing market expectations of a 0.5 percent gain. Public construction spending dropped sharply by 3.1 percent, dragged down by educational construction (-8.3 percent) while highway sector grew slightly (+0.3 percent). In contrast, private construction rose 1 percent, as spending increased for: nonresidential construction (+1.7 percent) and residential construction (+0.3 percent). During the first seven months of this year, construction spending amounted to $647.7 billion, 5.6 percent above the $613.1 billion for the same period in 2015.2016-09-01T15:09:01"
US Factory Activity Shrinks in August: ISM,Business Confidence,"US Factory Activity Shrinks in August: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI came in at 49.4 in August, down from 52.6 in July and much worse than market expectations of 52. It is the lowest figure in seven months, as new orders, production and employment all contracted. 2016-09-01T15:06:34"
US Markit Manufacturing PMI Revised Down,Manufacturing PMI,"US Markit Manufacturing PMI Revised DownUnited States Manufacturing PMIThe final Markit US Manufacturing PMI came in at 52 in August of 2016, down from 52.1 in the preliminary estimate and 52.9 in July. Output growth was unchanged from July’s eight-month high while new orders and employment slowed and input price inflation eased.2016-09-01T14:50:46.177"
US Stocks Slightly Recover on Thursday,Stock Market,"US Stocks Slightly Recover on ThursdayUnited States Stock MarketWall Street opened mainly in the green on Thursday after data showed jobless claims beat expectations while productivity fell more than initially estimated. In addition, investors await jobs report due tomorrow for clues on the timing of Fed’s next rate increase. The Dow Jones rose 22 points or 0.1% and the Nasdaq added 13 points or 0.3% while the S&P 500 traded near the flatline around 6 minutes after the opening bell. 2016-09-01T14:42:42.473"
US Unit Labour Costs Jump 4.3% in Q2,Labour Costs,"US Unit Labour Costs Jump 4.3% in Q2United States Labour CostsUnit labor costs in the nonfarm business sector in the United States increased an annualized 4.3 percent on quarter in the three months to 2016, recovering from an upwardly revised 0.3 percent drop in the previous period and compared to a 2 percent rise in the preliminary estimate, final figures showed. It reflects a 3.7 percent increase in hourly compensation (1.5 percent in the preliminary estimate) and a 0.6 percent decline in productivity (-0.5 percent in the preliminary estimate). Year-on-year, unit labor costs increased 2.6 percent.
2016-09-01T13:52:54.447"
US Labour Productivity Falls 0.6% in Q2,Productivity,"US Labour Productivity Falls 0.6% in Q2United States ProductivityLabor productivity in the nonfarm business sector in the United States decreased at a seasonally adjusted annual rate of 0.6 percent on quarter in the three months to June of 2016, more than preliminary estimates of a 0.5 percent drop and following a 0.6 percent decline in the previous period, final figures showed. Output increased 1.1 percent, lower than earlier estimates of 1.2 percent and hours worked went up 1.7 percent, also below 1.8 percent in the preliminary figures. Year-on-year, productivity fell 0.4 percent, the biggest decline in three years. 2016-09-01T13:46:36.097"
US Jobless Claims Rise Less Than Expected Last Week,Initial Jobless Claims,"US Jobless Claims Rise Less Than Expected Last WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 2,000 to 263,000 in the week ended August 27th compared with the previous week's unrevised level of 261,000 and below market expectations of 265,000. The four-week average, seen as a better
measure of labor market trends as it removes week-to-week volatility, dropped to a three-week low of 263,000.2016-09-01T13:32:10"
US Planned Job Cuts at 3-Month Low,Challenger Job Cuts,"US Planned Job Cuts at 3-Month LowUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States fell 29 percent month over month to 32,188 in August of 2016, reaching the lowest in three months. Biggest job cuts occurred in the computer sector (6,103), with the bulk of the cuts coming from Cisco Systems, which announced plans to reduce its workforce by 5,500; entertainment and leisure (3,307); industrial goods (3,073); energy (2,430) and transportation (2,223). Year-on-year, layoffs fell 22 percent. To date, employers have announced 391,288 job cuts in 2016, down 10 percent from 434,554 job cuts in the same period of 2015.2016-09-01T12:41:04.093"
"US Stocks Fall on Wednesday, Mixed on the Month",Stock Market,"US Stocks Fall on Wednesday, Mixed on the MonthUnited States Stock MarketWall Street closed lower for the second day on Wednesday amid falling oil prices while investors await the jobs report on Friday. The Dow Jones fell 53 points or 0.3%, the S&P 500 declined 5 points or 0.2% and the Nasdaq closed 10 points or 0.2% lower. On the month, the Dow lost 0.2%, the S&P 500 declined 0.1% while the Nasdaq gained 1%.2016-08-31T21:30:08"
US Crude Oil Inventories Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 2nd Week United States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 2.27 million barrels in the week ended August 26th, 2016, following a 2.5 million rise in the previous week and compared to market expectations of a nearly 1 million gain. Meanwhile, gasoline stocks fell by 691 thousand barrels.2016-08-31T15:33:48.32"
US Pending Home Sales Rise 1.4% YoY in July,Pending Home Sales,"US Pending Home Sales Rise 1.4% YoY in JulyUnited States Pending Home SalesContracts to buy previously owned US homes increased 1.4 percent year-on-year in July of 2016, following a 1 percent gain in June. Compared to the previous month, sales jumped 1.3 percent, following a revised 0.8 percent drop in June and beating market expectations of a 0.6 percent rise. Sales went up in the Northeast (0.8 percent), the South (0.8 percent) and the West (7.3 percent), but fell 2.9 percent in the Midwest. 
2016-08-31T15:15:30"
Chicago PMI Below Expectations in August,Chicago Pmi,"Chicago PMI Below Expectations in AugustUnited States Chicago PmiThe MNI Chicago Business Barometer fell 4.3 points to 51.5 in August of 2016 from 55.8 in July. It is the lowest figure in three months, led by a decline in order backlogs and a deceleration in new orders and production. In contrast, the employment subindex hit a 16-month high. 2016-08-31T14:58:34"
US Stocks Continue to Fall on Wednesday,Stock Market,"US Stocks Continue to Fall on Wednesday United States Stock MarketWall Street opened lower on Wednesday, extending Tuesday losses as the dollar continues to strengthen and oil prices to fall. The decline comes despite ADP data showed the US private sector added slightly more jobs than expected in August. The Dow Jones was down 38 points or 0.2%, the S&P 500 declined 4 points or 0.2% and the Nasdaq lost 8 points or 0.2% around 15 minutes after the opening bell.2016-08-31T14:52:01.63"
"US Private Sector Adds 177,000 Jobs in August: ADP",ADP Employment Change,"US Private Sector Adds 177,000 Jobs in August: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 177 thousand workers in August 2016 compared to an upwardly revised 194 thousand in July and above market expectations of 175 thousand. The service-providing sector added 183 thousand jobs, boosted by professional and business (+53 thousand), trade, transportation and utilities (+26 thousand) and financial activities (+15 thousand). Meanwhile, the goods-producing sector lost 6 thousand jobs; construction shed 2 thousand while manufacturing was unchanged. Large companies were the ones hiring more (70 thousand), followed by small (63 thousand) and midsized (50 thousand).2016-08-31T13:24:05"
US Mortgage Applications Post 1st Rise in 3 Weeks,Mortgage Applications,"US Mortgage Applications Post 1st Rise in 3 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States rose 2.8 percent in the week ended August 26th 2016 from the prior period, data from the Mortgage Bankers Association showed. It follows a 2.1 percent drop in the week before. Refinance applications increased 3.7 percent and applications to purchase a home went up 1.3 percent. Average fixed 30-year mortgage rates were steady at 3.67 percent.2016-08-31T12:03:22.51"
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on TuesdayUnited States Stock MarketWall Street closed in the red on Tuesday amid a rising dollar and lower oil prices and after more comments from Fed officials suggested the central bank may raise the interest rate soon. The Dow Jones fell 49 points or 0.26%, the S&P 500 declined 4 points or 0.2% and the Nasdaq lost 9 points or 0.18%.2016-08-30T21:26:48.36"
Wall Street Opens Nearly Flat,Stock Market,"Wall Street Opens Nearly FlatUnited States Stock MarketStocks in the United States opened flat to lower on Tuesday, failing to keep Monday gains despite a rebound in oil prices and as investors were waiting for new economic data for further clues on the timing of Fed’s next rate hike. The Dow Jones was down 19 points or 0.1%, while the S&P 500 and the Nasdaq traded near the flatline around 15 minutes after the opening bell.
2016-08-30T14:50:05"
US S&P Case-Shiller House Price Growth Slows,Case Shiller Home Price Index YoY,"US S&P Case-Shiller House Price Growth SlowsUnited States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5.1 percent year-on-year in June of 2016, slowing from an upwardly revised 5.3 percent increase in May and below market expectations of 5.2 percent. It is the lowest gain since August last year. Portland, Seattle, and Denver reported the highest annual gains over each of the last five months, with prices up by 12.36 percent, 11 percent and 9.2 percent respectively in June. On a monthly basis, S&P CoreLogic Case-Shiller 20-City Home Price Index increased 0.8 percent, easing from a 0.9 percent rise in May.2016-08-30T14:17:23"
"US Stocks Close Higher, Dow Up More than 100 Points",Stock Market,"US Stocks Close Higher, Dow Up More than 100 PointsUnited States Stock MarketWall Street closed in the green on Monday, led by gains in the financial sector after data for consumer spending and income came in line with expectations while investors digest prospects for a Fed rate hike this year after hawkish comments from Fed Chair and officials last week. The Dow Jones increased 108 points or 0.58%, the S&P 500 gained 11 points or 0.52% and the Nasdaq finished 13 points or 0.26% higher. 2016-08-29T21:33:23.197"
Dallas Fed Business Activity Below Expectations,Dallas Fed Manufacturing Index,"Dallas Fed Business Activity Below ExpectationsUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas came in at -6.2 in August of 2016 from -1.3 in July, worse than market expectations of -3.9. The improvement was observed in: production (4.5 from 0.4 in July); new orders (5.3 from -8) and shipments (9.9 from 0.1) while the conditions worsened in job creation (-5 from -2.6) and hours worked (-4.5 from -0.2). The index of general business activity for the next six months fell to 7 from 18.4.2016-08-29T15:53:04"
US Stocks Rise After Income and Spending Data,Stock Market,"US Stocks Rise After Income and Spending DataUnited States Stock MarketWall Street opened higher on Monday despite earlier losses in most European and Asian shares and a rising dollar, after data for consumer spending and income came in line with expectations. The Dow Jones gained 79 points or 0.4%, the S&P 500 went up 8 points or 0.4% and the Nasdaq traded 12 points or 0.2% higher around 10 minutes after the opening bell. 2016-08-29T14:45:47"
US PCE Price Index Flat in July,PCE Price Index Monthly Change,"US PCE Price Index Flat in July United States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States remained unchanged in July of 2016, following a 0.1 percent rise in June. Increase in cost of services (+0.2 percent, the same as in June) was offset by 0.4 percent drop in prices of goods (no growth in June). Compared to the same month a year earlier, the PCE price index went up 0.8 percent, following 0.9 percent increase in June. Excluding food and energy, prices gained 0.1 percent month-over-month, unchanged from June. Year-on-year the core PCE price index increased 1.6 percent, also the same as in the previous month.

2016-08-29T13:54:14"
US Personal Spending Up 0.3% in July,Personal Spending,"US Personal Spending Up 0.3% in JulyUnited States Personal SpendingConsumer spending in the United States increased 0.3 percent in July from June of 2016, slowing from an upwardly revised 0.5 percent gain in the previous period but matching market expectations. It is the fourth straight month of gains, mainly boosted by spending for new vehicles and suggesting robust consumer demand. Income rose at a faster 0.4 percent, also in line with forecasts.2016-08-29T13:38:12"
US Personal Income Rises 0.4% in July,Personal Income,"US Personal Income Rises 0.4% in JulyUnited States Personal IncomePersonal income in the United States increased 0.4 percent month-on-month in July of 2016, following an upwardly revised 0.3 percent growth in the previous month and in line with market expectations. Wages and salaries rose 0.5 percent; proprietors' income went up 0.2 percent; rental income advanced 0.7 percent; personal dividend income rebounded 0.4 percent and personal interest income increased 0.4 percent.

2016-08-29T13:38:07"
US Stocks Finish Mostly Lower After Yellen's Comments,Stock Market,"US Stocks Finish Mostly Lower After Yellen's CommentsUnited States Stock MarketWall Street closed mostly lower on Friday, hurt by rising dollar after Janet Yellen signaled the possibility of an interest-rate hike later this year. The Dow Jones lost 53 points or 0.29%, the S&P 500 declined 3.43 points or 0.16% while the Nasdaq increased 6.71 points or 0.13% higher. 2016-08-26T21:32:30"
Yellen Leaves 2016 Rate Hike Option Open,Interest Rate,"Yellen Leaves 2016 Rate Hike Option OpenUnited States Interest RateThe US economy continues to expand and the case for raising the interest rate has strengthened in recent months, Fed Chair Yelllen said in a speech at the Jackson Hole Symposium, suggesting a rate hike this year is still on the table. 2016-08-26T15:13:52.563"
US Consumer Sentiment Revised Down in August,Consumer Confidence,"US Consumer Sentiment Revised Down in AugustUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States came in at 89.8 in August 2016, compared to a preliminary reading of 90.4 and below 90 in July. It was the lowest reading since April, mainly due to less favorable current conditions while future expectations regarding the overall economy improved slightly, final figures showed. Meanwhile, long term inflation expectations fell to the lowest level ever recorded.2016-08-26T15:06:01"
US Stocks Rise Ahead of Yellen,Stock Market,"US Stocks Rise Ahead of YellenUnited States Stock MarketWall Street opened higher on Friday, minutes before the highly anticipated speech by Fed's Yellen and despite a downward revision to US GDP growth in the second quarter. The Dow Jones gained 63 points or 0.3%, the S&P 500 added 7 points or 0.3% and the Nasdaq traded 19 points or 0.3% higher around 5 minutes after the opening bell. 2016-08-26T14:43:41"
US Corporate Profits Drop 2.4% in Q2,Corporate Profits,"US Corporate Profits Drop 2.4% in Q2United States Corporate ProfitsCorporate profits in the United States decreased by 2.4 percent or $36.3 billion to $1469.7 billion in the second quarter of 2016, after rising an upwardly revised 8.1 percent in the previous period, preliminary estimates showed. Dividends decreased 0.9 percent or $8.2 billion in the second quarter (compared to a gain of 0.8 percent or $7.3 billion in Q1) and undistributed profits dropped 5.2 percent or $28.1 billion (compared to a rise of 24.3 percent or $106.1 billion in Q1). Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, fell 1.1 percent or $22 billion, after going up by 5.7 percent or $112.7 billion in the previous period. 2016-08-26T13:46:23.767"
US GDP Growth Revised Down to 1.1% in Q2,GDP Growth Rate,"US GDP Growth Revised Down to 1.1% in Q2United States GDP Growth RateReal gross domestic product increased at an annual rate of 1.1 percent in the second quarter of 2016, according to the ""second"" estimate released by the Bureau of Economic Analysis. In the first
quarter, real GDP increased 0.8 percent. In the advance estimate, the increase in real GDP was 1.2
percent. The increase in real GDP in the second quarter primarily reflected positive contributions from persona consumption expenditures (PCE) and exports that were partly offset by negative contributions fromprivate inventory investment, residential fixed investment, state and local government spending and
nonresidential fixed investment. Imports, which are a subtraction in the calculation of GDP, increased2016-08-26T13:32:19"
US Stocks Fall Ahead of Yellen's Speech,Stock Market,"US Stocks Fall Ahead of Yellen's SpeechUnited States Stock MarketWall Street closed lower on Thursday, dragged down mainly by the healthcare sector that dropped for the second straight day while investors remained cautious ahead of Yellen's speech tomorrow where further clues on the timing of Fed's next rate-hike are expected. The Dow Jones was down 33 points or 0.18%, the S&P 500 fell 2.97 points or 0.14% and the Nasdaq declined 5.49 points or 0.11%.2016-08-25T21:19:12"
US Services Sector Growth at 6-Month Low: Markit,Services PMI,"US Services Sector Growth at 6-Month Low: MarkitUnited States Services PMIThe Markit Flash US Services PMI came in at 50.9 in August of 2016, down from 51.4 in the previous month and below market expectations of 52. It is the lowest reading since February with business activity, new orders and employment all slowing due to subdued demand conditions and uncertainty ahead of the presidential election. 2016-08-25T14:54:13.34"
"US Stocks Fall Despite Upbeat Claims, Durable Goods",Stock Market,"US Stocks Fall Despite Upbeat Claims, Durable Goods United States Stock MarketWall Street opened lower on Thursday despite better-than-expected data for jobless claims and durable goods orders as investors remain cautious ahead of Yellen's speech tomorrow where further clues on the timing of Fed's next rate-hike are expected. The Dow Jones was down 23 points or 0.1%, the S&P 500 fell 3 points or 0.1% and the Nasdaq traded 4 points or 0.1% lower around 12 minutes after the opening bell. 2016-08-25T14:44:30"
US Durable Goods Orders Jump 4.4% in July,Durable Goods Orders,"US Durable Goods Orders Jump 4.4% in JulyUnited States Durable Goods OrdersNew orders for US manufactured durable goods jumped 4.4 percent in July from June of 2016, recovering from an upwardly revised 4.2 percent drop in the previous period. It is the first increase in three months and the biggest gain since October last year, beating market expectations of a 3.3 percent rise. Non-defense capital goods orders excluding aircrafts, a proxy for business spending increased 1.6 percent, the second consecutive gain.
2016-08-25T13:39:12"
US Jobless Claims Fall to Lowest Level in 5 Weeks,Initial Jobless Claims,"US Jobless Claims Fall to Lowest Level in 5 WeeksUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 1,000 to 261,000 in the week ended August 20th compared with the previous week's unrevised level of 262,000. The figure came in below market expectations of 265,000 to hit its lowest level in five weeks.2016-08-25T13:32:21"
US Stocks Finish Lower As Healthcare Drops,Stock Market,"US Stocks Finish Lower As Healthcare DropsUnited States Stock MarketWall Street closed in the red on Wednesday dragged down by healthcare sector and a renewed decline in oil prices while investors await Yellen’s speech on Friday for further clues on Fed’s next rate-hike decision. The Dow Jones lost 65.82 points or 0.35%, the S&P 500 went down 11.46 points or 0.52% and the Nasdaq declined 42.38 or 0.81%. 2016-08-24T21:22:37.043"
US Crude Oil Stocks Went Up by 2.5M in Latest Week,Crude Oil Stocks Change,"US Crude Oil Stocks Went Up by 2.5M in Latest WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 2.5 million barrels in the week ended August 19th, 2016, following a 2.5 million decline in the previous week and compared to market expectations of a 0.45 million fall. Meanwhile, gasoline stocks increased slightly by 36 thousand barrels, the first gain in four weeks, after declining by 2724 thousand in the previous period.2016-08-24T15:35:07"
US Existing Home Sales Down to 4-Month Low,Existing Home Sales,"US Existing Home Sales Down to 4-Month LowUnited States Existing Home SalesSales of previously owned houses in the United States declined 3.2 percent to a seasonally adjusted annual rate of 5390 thousand in July of 2016, worse than market expectations of a 0.4 percent fall. It is the first drop in five months, after hitting a fresh high since early 2007 in the previous month. Sales of single family went down 2 percent and those of condos slumped 12.3 percent. The average price fell 1.3 percent and the months’ worth of supply went up to 4.7.2016-08-24T15:11:34.857"
US Stocks Open Flat on Wednesday,Stock Market,"US Stocks Open Flat on WednesdayUnited States Stock MarketWall Street opened mostly flat on Wednesday amid a renewed decline in oil prices while investors await existing home sales data shortly and Yellen’s speech on Friday for further clues on Fed’s next rate-hike decision. The Dow Jones lost 0.07%, the S&P 500 was down 0.06% and the Nasdaq added 0.02% around 5 minutes after the opening bell.2016-08-24T14:44:24"
US House Prices Grow Below Expectations: FHFA,FHFA House Price Index MoM,"US House Prices Grow Below Expectations: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States edged up 0.2 percent on the month in June of 2016, the same as in May and below market expectations of a 0.3 percent increase.  Year-on-year, the FHFA house price index went up 5.6 percent, also the same as in May. 2016-08-24T14:10:31.24"
US Mortgage Applications Fall for 2nd Week,Mortgage Applications,"US Mortgage Applications Fall for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 2.1 percent in the week ended August 19th 2016 from the prior period, data from the Mortgage Bankers Association showed. It follows a 4 percent drop in the week before. Refinance applications declined 3.2 percent and applications to purchase a home edged down 0.3 percent. Average fixed 30-year mortgage rates increased 3bps to 3.67 percent.2016-08-24T12:08:18.553"
"US Stocks Gain on Housing Data, Oil",Stock Market,"US Stocks Gain on Housing Data, OilUnited States Stock MarketWall Street closed higher on Tuesday as better-than-expected new home sales data and the rebound in oil prices lifted investors' sentiment. The Dow Jones added 17.88 points or 0.1%, the S&P 500 increased 4.26 or 0.2% and the Nasdaq rose 15.48 points or 0.3%.2016-08-23T21:21:10"
US Richmond Fed Manufacturing Index at 3-1/2-Year Low,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index at 3-1/2-Year Low United States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia decreased to -11 in August of 2016 from 10 in the previous month. Figures came much worse than market expectations of 6, reaching the lowest level since January 2013. New orders (-20 from 15 in July), shipments (-14 from 7 in July) and backlogs  (-21 from 1 in July) decreased sharply. In contrast, employment remained in positive territory (7 from 6 in July) and firms continued to report wage increases (24 from 14 in July). 2016-08-23T15:12:36"
US New Home Sales Jump to Nearly 9-Year High,New Home Sales,"US New Home Sales Jump to Nearly 9-Year HighUnited States New Home SalesSales of new single-family houses in the United States surged 12.4 percent to a seasonally adjusted annual rate of 654,000 in July of 2016. It is the highest figure since October of 2007 and much better than market expectations of 580,000. Figures for June were revised down by 10,000 to 582,000.2016-08-23T15:05:03.497"
US Markit Manufacturing PMI Lower than Expected,Manufacturing PMI,"US Markit Manufacturing PMI Lower than ExpectedUnited States Manufacturing PMIThe Markit Flash US Manufacturing PMI came in at 52.1 in August of 2016, down from 52.9 in the previous month and lower than market expectations of 52.7. Production continued to expand although new orders growth slowed despite a faster increase in export sales and job creation also eased. 2016-08-23T14:54:06.187"
US Stocks Gain on Tuesday,Stock Market,"US Stocks Gain on Tuesday United States Stock MarketWall Street opened higher on Tuesday as investors await a flash PMI reading and housing data while better-than-expected earnings reports for Best Buy lifted the mood despite a further drop in oil prices. The Dow Jones was up 101 points or 0.6%, the S&P 500 gained 10 points or 0.4% and the Nasdaq traded 25 points or 0.5% higher around 8 minutes after the opening bell. 2016-08-23T14:43:57.82"
US Stocks Finish Mostly Lower As Oil Prices Drop,Stock Market,"US Stocks Finish Mostly Lower As Oil Prices DropUnited States Stock MarketWall Street closed mostly lower on Monday amid a sharp decline in oil prices while investors await Fed’s Yellen speech on Friday for further clues on the timing of the next rate-hike. The Dow Jones lost 23.15 points or 0.12%, the S&P 500 finished near the flatline. Meantime, the Nasdaq rose 6.23 points or 0.12%.2016-08-22T21:19:19.21"
US Stocks Fall on Lower Oil Prices,Stock Market,"US Stocks Fall on Lower Oil PricesUnited States Stock MarketWall Street opened in the red on Monday amid a fall in oil prices while investors await Fed’s Yellen speech on Friday for further clues on the timing of the next rate-hike. The Dow Jones declined 74 points or 0.4%, the S&P 500 lost 7 points or 0.3% and the Nasdaq traded 7 points or 0.1% lower around 11 minutes after the opening bell. 2016-08-22T14:49:47.663"
Chicago Fed National Activity Index at 12-Month High,Chicago Fed National Activity Index,"Chicago Fed National Activity Index at 12-Month HighUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the US rose to 0.27 in July of 2016 from a downwardly revised 0.05 in June. It is the highest figure since July of 2015, beating market expectations of 0.2, led by improvements in production-related indicators. The contribution from production-related indicators rose to 0.23 from 0.07 in June; employment-related indicators contributed 0.09, up from 0.05 while the contribution of the personal consumption and housing category was steady at –0.06. The index’s three-month moving average increased to –0.10 from –0.19.
2016-08-22T13:47:23.557"
Wall Street Closes Week on Mixed Note,Stock Market,"Wall Street Closes Week on Mixed NoteUnited States Stock MarketUS stocks finished mainly in the red on Friday amid volatile oil prices and investors concerns about the timing of Fed’s next rate-hike following hawkish comments from Fed officials and ahead of Yellen’s Jackson Hole speech next week. The Dow Jones lost 45 points or 0.24%, the S&P 500 fell 3 points or 0.14% and the Nasdaq finished near the flatline. Considering the full week, the Dow Jones went down 0.13%, the S&P 500 was nearly flat while the Nasdaq added 0.1%, eighth straight week of gains. 2016-08-19T21:19:05.707"
US Stocks Fall on Friday,Stock Market,"US Stocks Fall on FridayUnited States Stock MarketWall Street failed to sustain gains at the open on Friday amid a retreat in oil prices and hawkish comments from Fed officials. The Dow Jones lost 81 points or 0.44%, the S&P 500 fell 9 points or 0.44% and the Nasdaq was down 19 points or 0.36% around 8 minutes after the opening bell.2016-08-19T14:47:14.497"
US Stocks Close Higher on Thursday,Stock Market,"US Stocks Close Higher on ThursdayUnited States Stock MarketWall Street closed in the green on Thursday amid a rise in oil prices, an upbeat jobless claims report and Philadelphia Fed manufacturing index data in line with expectations. The Dow Jones gained 24 points or 0.13%, the S&P 500 went up 5 points or 0.22% and the Nasdaq finished 11 points or 0.22% higher.2016-08-18T21:23:58.817"
US Stocks Open Flat on Thursday,Stock Market,"US Stocks Open Flat on ThursdayUnited States Stock MarketWall Street opened flat to lower on Thursday despite better-than-expected jobless claims data and an upbeat Philadelphia Fed manufacturing report as investors await speeches from two Fed officials during the day. Among companies, Wal-Mart and Hormel Foods earnings beat estimates and Applied Materials, Gap, and Ross Stores are expected to release results after markets close. The Dow Jones, the S&P 500 and the Nasdaq traded near the flatline around 7 minutes after the opening bell.  2016-08-18T14:50:15.927"
Philadelphia Fed Manuf Index Turns Positive in August,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manuf Index Turns Positive in AugustUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index came in at 2 in August of 2016 from -2.9 in July, in line with market expectations. Shipments (8.4 from 6.3 in July) and both prices paid (19.7 from 9.9) and received (7.1 from 0.3) improved although new orders (-7.2 from 11.8), inventories (-9.2 from -4.3) and employment (-20 from -1.6) sank, suggesting a general weakness in business conditions.2016-08-18T13:56:05"
US Jobless Claims at 4-Week Low,Initial Jobless Claims,"US Jobless Claims at 4-Week LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 4,000 to 262,000 in the week ended August 13th. It is the lowest figure in four weeks and better than market expectations of 265,000. It marks the 76th consecutive week initial claims are below 300,000, the longest streak since 1970 and signaling the labour market strength.2016-08-18T13:38:32.86"
Most US Stocks Recover After Fed Minutes,Stock Market,"Most US Stocks Recover After Fed MinutesUnited States Stock MarketWall Street closed mostly higher on Wednesday after Fed minutes showed policymakers need more data before deciding on a rate-hike but left all policy options open. The Dow Jones gained 22 points or 0.12%, the S&P 500 added 4 points or 0.19% and the Nasdaq finished near the flatline.2016-08-17T21:28:13"
Fed Leaves 2016 Rate Hike Option Open,Interest Rate,"Fed Leaves 2016 Rate Hike Option OpenUnited States Interest RateFed policymakers considered that near-term risks to the US outlook had diminished although the UK vote to leave the EU and other developments abroad still impart uncertainty. As a result, Fed officials decided to leave policy options open and maintain the flexibility to adjust rates based on incoming information, thus leaving the door open for a rate hike this year, minutes from FOMC meeting held on July 26-27th showed.2016-08-17T19:33:35"
US Crude Oil Inventories Post 1st Fall in 4 Weeks,Crude Oil Stocks Change,"US Crude Oil Inventories Post 1st Fall in 4 WeeksUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States declined by 2.508 million barrels in the week ended August 12th, 2016, following a 1.055 million increase in the previous week. It was the first drop in four weeks, compared to market expectations of a 0.5 million rise. Meanwhile, gasoline stocks fell by a higher-than-expected 2.724 million barrels, after declining by 2.807 million in the previous week.2016-08-17T15:35:36.927"
US Stocks Trade Lower Ahead of Fed Minutes,Stock Market,"US Stocks Trade Lower Ahead of Fed Minutes United States Stock MarketWall Street opened slightly lower on Wednesday as investors remain cautious ahead of FOMC minutes release later in the day, seeking for further clues on the timing of the Fed next rate hike. The Dow Jones fell 32 points or 0.17%, the S&P 500 was down 4 points or 0.18% and the Nasdaq traded 14 points or 0.29% lower around 5 minutes after the opening bell. 
2016-08-17T14:41:18.947"
US Mortgage Applications Back to Contraction,Mortgage Applications,"US Mortgage Applications Back to ContractionUnited States Mortgage ApplicationsMortgage applications in the United States shrank 4 percent in the week ended August 12th 2016 from the prior period, data from the Mortgage Bankers Association showed. It follows a 7.1 percent rise in the week before. Refinance applications declined 4.2 percent and applications to purchase a home fell 3.9 percent although fixed 30-year mortgage rates edged down 1bps to 3.64 percent.2016-08-17T12:06:23"
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on TuesdayUnited States Stock MarketWall Street closed lower on Tuesday, retreating from record highs in the previous day amid mixed economic data and a fall in the USD while investors await Fed minutes release on Wednesday for further clues on the timing of next rate hike. The Dow Jones lost 84 points or 0.45%, the S&P 50 declined 12 points or 0.55% and the Nasdaq finished 35 points or 0.66% lower. 2016-08-16T21:13:13.483"
US Stocks Retreat from Record Highs,Stock Market,"US Stocks Retreat from Record HighsUnited States Stock MarketWall Street opened lower on Tuesday, pulling back from record levels in the previous day amid mixed economic data and a drop in the USD. The Dow Jones declined 77 points or 0.4%, the S&P 500 lost 9 points or 0.4% and the Nasdaq was down 29 points or 0.6% lower around 12 minutes after the open.2016-08-16T14:48:16.047"
US Industrial Production Grows The Most in 20 Months,Industrial Production Mom,"US Industrial Production Grows The Most in 20 MonthsUnited States Industrial Production MomIndustrial output in the United States went up 0.7 percent in July from June of 2016, following a downwardly revised 0.4 percent gain in the previous period and better than market expectations of a 0.3 percent increase. It is the biggest rise since November of 2014 boosted by a 0.5 percent growth in manufacturing.2016-08-16T14:24:11"
US Building Permits Fall 0.1% MoM in July,Building Permits,"US Building Permits Fall 0.1% MoM in July United States Building PermitsBuilding permits in the United States declined by 0.1 percent to a seasonally adjusted annualized rate of 1152 thousand in July 2016 from 1153 thousand in the previous month and worse than market consensus of 1160 thousand. Single-family authorizations fell 3.7 percent to 711 thousand while multi-family building permits advanced 6.5 percent to 411 thousand. Among regions, permits decreased in the Northeast (-10.2 percent) and in the West (-8 percent) while rose in the South (+2.6 percent) and the Midwest (+10.5 percent). Compared with July 2015, however, building permits increased 0.9 percent.2016-08-16T13:41:15"
US Housing Starts Rise to 5-Month High in July,Housing Starts,"US Housing Starts Rise to 5-Month High in JulyUnited States Housing StartsHousing starts in the Unites States rose 2.1 percent to a seasonally adjusted annual rate of 1211 thousand in July 2016 compared to a downwardly revised 1186 thousand in the previous month. The figure came in above market expectations of 1180 thousand to hit the highest level since February, as building activity increased across the board. Housing starts rose the most in the Northeast.2016-08-16T13:36:53"
US Inflation Rate Slows to 7-Month Low of 0.8%,Inflation Rate,"US Inflation Rate Slows to 7-Month Low of 0.8%United States Inflation RateConsumer prices in the United States rose 0.8 percent year-on-year in July of 2016, following a 1 percent increase in the previous two months and below market expectations of 0.9 percent. It is the lowest inflation figure since December last year as shelter cost rose at a slower pace, food inflation eased to a fresh 6-1/2-year low and energy cost fell further. 2016-08-16T13:33:59"
Foreigners Sell U.S. Securities in June,Capital Flows,"Foreigners Sell U.S. Securities in JuneUnited States Capital FlowsOverseas investors sold $202.8 billion of US assets, including short-dated instruments in June of 2016, after selling $11.0 billion in May. Foreign investors sold $32.9 billion of US Treasuries, after selling $18.3 billion in May. Foreigners sell $3.6 billion of long-term US securities, including government and corporate, after buying $40.8 billion in the previous month. 2016-08-15T21:24:05.643"
US Three Major Stock Indexes at Fresh All-Time Highs,Stock Market,"US Three Major Stock Indexes at Fresh All-Time HighsUnited States Stock MarketUS three major stock market indexes closed at their record levels, amid continuous oil prices recovery. The Dow Jones Industrial Average gained 59.58 points, or 0.32%; the S&P 500 index added 6.1 points, or 0.28%; and the Nasdaq Composite Index rose 29.12 points, or 0.56%.2016-08-15T21:18:49"
Homebuilder Sentiment Rises in August: NAHB,Nahb Housing Market Index,"Homebuilder Sentiment Rises in August: NAHBUnited States Nahb Housing Market IndexNAHB Housing Market Index in the United States increased to 60 in August 2016 from a downwardly revised 58 in July, in line with market consensus. Sales expectations over the next six months rose 1 point to 67 and current single-family home sales went up 2 points to 65. Meanwhile, buyer traffic fell 1 point to 44.2016-08-15T15:11:01"
"US Stocks Gain; S&P, Nasdaq at Fresh All-Time Highs",Stock Market,"US Stocks Gain; S&P, Nasdaq at Fresh All-Time HighsUnited States Stock MarketUS equities traded higher on Monday, with the S&P 500 and Nasdaq Composite trading above their record closing levels, as oil prices rallied while investors await Fed's minutes from its July meeting this week. The Dow Jones Industrial Average gained 69 points, or 0.4%; the S&P 500 index added 6 points, or 0.3%; and the Nasdaq Composite Index rose 19 points, or 0.4% around 5 minutes after the opening bell. 2016-08-15T14:38:26"
NY Empire State Manufacturing Index Falls to 3-Month Low,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index Falls to 3-Month LowUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index came in at -4.21 in August 2016, compared to 0.55 in the previous month and worse than market expectations of 2.5. New orders and employment were little changed while shipments rose. Meanwhile, firms expected conditions to improve over the next six months, although the level of optimism diminished for a second consecutive month.2016-08-15T13:56:16.733"
"Dow, S&P Close Lower; Nasdaq Finish at Record High",Stock Market,"Dow, S&P Close Lower; Nasdaq Finish at Record HighUnited States Stock MarketUS stocks finished mostly in the red on Friday, dragged lower by weaker than expected retail sales report despite gains in the energy sector and rising oil prices. The Dow Jones Industrial Average lost 37.53 points, or 0.2%, to 18,576; and the S&P 500 index ended down 1.8 points, or 0.1%, at 2,184. Meanwhile, the Nasdaq Composite Index ended up 4.5 points, or 0.1%, at 5,233, an all-time closing high.2016-08-12T21:15:18"
US Business Inventories Rise 0.2% MoM in June,Business Inventories,"US Business Inventories Rise 0.2% MoM in JuneUnited States Business InventoriesManufacturers’ and trade inventories in the United States went up 0.2 percent month-on-month in June 2016, the same pace as in the previous month and above market expectations of 0.1 percent gain. Retail inventories excluding autos, which go into the calculation of GDP, rose 0.2 percent in June after a 0.3 percent gain in May.2016-08-12T15:05:57.923"
US Consumer Sentiment Improves Slightly in August,Consumer Confidence,"US Consumer Sentiment Improves Slightly in AugustUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States came in at 90.4 in August 2016 from 90 in July but well below market expectations of 91.5, preliminary figures showed. Consumer expectations improved firmly while current conditions deteriorated.2016-08-12T15:03:27"
Wall Street Opens Lower on Weak Retail Trade,Stock Market,"Wall Street Opens Lower on Weak Retail TradeUnited States Stock MarketUS equities open lower on Friday as weaker-than-expected retail sales data and an unexpected drop in producer prices weighed on sentiment. The Dow Jones Industrial Average lost 41 points, or 0.2%; the S&P 500 index fell 3.8 points, or 0.2%; and the Nasdaq Composite Index retreated 6 points, or 0.1% around 10 minutes after the opening bell. 2016-08-12T14:43:16"
US Producer Prices Unexpectedly Fall in July,Producer Price Inflation MoM,"US Producer Prices Unexpectedly Fall in JulyUnited States Producer Price Inflation MoMProducer prices for final demand in the United States fell 0.4 percent on the month in July 2016, following a 0.5 percent growth in the previous month and below market expectations of 0.1 percent increase. It was the biggest drop since September 2015, led by a 0.3 percent fall in prices for final demand services, as trade cost declined 1.3 percent. The index for final demand goods decreased 0.4 percent, led by lower cost of energy (-1.0 percent) and food (-1.1 percent). Compared to the same month of the previous year, factory gate prices went down 0.2 percent.2016-08-12T13:41:47.883"
US Retail Sales Unchanged in July,Retail Sales MoM,"US Retail Sales Unchanged in JulyUnited States Retail Sales MoMRetail sales in the United States showed no growth in July from June 2016, following a upwardly revised 0.8 percent gain in the previous period and below market expectations of 0.4 percent rise.  Automobile, furniture and online sales were bright spots in July. Sales at auto dealerships increased 1.1 percent in July after rising 0.5 percent in June. Online retail sales jumped 1.3 percent. Sales fell for: clothing (-0.5 percent), sporting goods and hobby (-2.2 percent), building materials and garden equipment (-0.5 percent), electronics and appliance outlets and service stations, restaurants and bars.2016-08-12T13:32:34"
US Stocks Close at Record Highs,Stock Market,"US Stocks Close at Record HighsUnited States Stock MarketUS stocks climbed to record levels on Thursday, boosted by a rally in oil prices as well as better than expected earnings' reports from Macy's and Kohl's and upbeat economic data. The Dow Jones added 118 points, or 0.6%, to close at 18,613; the S&P 500 index finished up 10 points, or 0.5%, at 2,186; and the Nasdaq Composite climbed 24 points, or 0.5%, to close at 5,228.2016-08-11T21:34:35.823"
"Wall Street Opens Higher on Economic Data, Oil",Stock Market,"Wall Street Opens Higher on Economic Data, OilUnited States Stock MarketUS equities traded higher on Thursday as investors sentiment was boosted by a rebound in oil prices, better than expected earnings' reports from Macy's and Kohl's and economic data. 
Jobless claims marked 75 consecutive week below 300,000, the longest streak since 1970 and exports and imports prices grew more than expected in July. The Dow Jones Industrial Average gained 70 points, or 0.4%; the S&P 500 index added 7 points, or 0.3%; and the Nasdaq Composite Index rose 25 points, or 0.5% around 15 minutes after the opening bell. 2016-08-11T14:46:34"
US Export Prices Up 0.2% MoM in July,Export Prices MoM,"US Export Prices Up 0.2% MoM in JulyUnited States Export Prices MoMExport prices in the United States increased 0.2 percent month-on-month in July, after growing 0.8 percent in June and above market expectations of a 0.1 percent rise. Cost of non-agricultural exports went up 0.3 percent, led by higher prices for industrial supplies and materials and consumer goods. In contrast, agricultural prices fell 0.4 percent, driven by decrease in corn (-8.5 percent) and wheat cost. Year-on-year, the export price index fell 3.0 percent.
2016-08-11T13:49:25"
US Import Prices Inched Higher in July,Import Prices MoM,"US Import Prices Inched Higher in July United States Import Prices MoMImport prices in the United States increased by 0.1 percent on the month in July 2016, after rising 0.6 percent in June. The number came above market expectations of 0.3 percent drop as cost of nonfuel items rose by 0.3 percent, the most since March 2014, led by industrial supplies and materials (+1.6 percent); and foods, feeds, and beverages (+3.3 percent).
In contrast, fuel prices fell 2.5 percent. Despite recent monthly advances, import prices 
remain down on a yearly basis, falling 3.7 percent in July.2016-08-11T13:43:42"
US Claims Below 300K for Longest Streak Since 1970,Initial Jobless Claims,"US Claims Below 300K for Longest Streak Since 1970United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 1,000 to 266,000 in the week ended August 6th compared with the previous week's revised level of 267,000. The figure came in above market expectations of 265,000. This marks 75 consecutive weeks of initial claims below 300,000, the longest streak since 1970.2016-08-11T13:35:21"
US Stocks Close Lower Amid a Fall in Oil Prices,Stock Market,"US Stocks Close Lower Amid a Fall in Oil PricesUnited States Stock MarketUS stocks closed in the red on Wednesday, dragged lower by a sharp fall in oil prices after inventory data from the US showed crude inventories increased for a third straight week. The Dow Jones fell 37 points, or 0.2%, to close at 18,496; the S&P 500 index finished down 6 points, or 0.3%, at 2,175; and the Nasdaq Composite dropped 21 points, or 0.4%, to close at 5,205.2016-08-10T21:30:24.52"
US Posts $113 Billion Budget Deficit in July,Government Budget Value,"US Posts $113 Billion Budget Deficit in JulyUnited States Government Budget ValueThe US government posted a USD 113 billion budget gap in July 2016, a 24 percent drop from a USD 149 billion deficit in the same month a year earlier, as outlays fell 14 percent to USD 323 billion while receipts declined at a slower 7 percent to USD 210 billion.2016-08-10T19:04:37"
US Crude Oil Inventories Rise for 3rd Straight Week,Crude Oil Stocks Change,"US Crude Oil Inventories Rise for 3rd Straight WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up 1.055 million barrels in the week ended August 5th, 2016, following a 1.413 million increase in the previous week. It was the third consecutive rise while markets were expecting a 1.5 million drop. Meanwhile, gasoline stocks fell by a higher-than-expected 2.807 million barrels, after declining by 3.262 million in the previous week.2016-08-10T15:33:05.01"
US Job Openings Rise More Than Expected in June,Job Offers,"US Job Openings Rise More Than Expected in JuneUnited States Job OffersJob openings in the United States increased by 110,000 to 5.624 million in June 2016 compared to an upwardly revised 5.514 million in the previous month, beating market expectations of 5.57 million. The number of positions waiting to be filled increased mostly in durable goods manufacturing (+37,000); but decreased in federal government (-15,000). Among regions, job openings increased by the most in the South.2016-08-10T15:11:26.047"
"US Stocks Trade Mixed on Earnings, Oil",Stock Market,"US Stocks Trade Mixed on Earnings, OilUnited States Stock MarketUS equities traded mixed on Wednesday, as a rebound in oil prices helped support energy shares and better-than-expected reports' earnings from Michael Kors and Ralph Lauren boosted sentiment. The Dow Jones Industrial Average and the S&P 500 index were flat around 15 minutes after the opening bell; while the Nasdaq Composite Index fell 7 points, or 0.1%.2016-08-10T14:49:47.63"
US Mortgage Applications Rise for 1st Time in 4 Weeks,Mortgage Applications,"US Mortgage Applications Rise for 1st Time in 4 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States rose 7.1 percent in the week ended August 5th 2016 from the prior period, data from the Mortgage Bankers Association showed. It was the first increase in four months as refinance applications went up 9.6 percent and applications to purchase a home grew 2.6 percent. Fixed 30-year mortgage rates fell 2bps to 3.65 percent.2016-08-10T12:03:30"
US Stocks Finish Higher; Nasdaq Closes at Record High,Stock Market,"US Stocks Finish Higher; Nasdaq Closes at Record HighUnited States Stock MarketUS stocks closed higher on Tuesday with consumer staples and health care stocks among the best performers, despite a fall in oil prices and weak productivity data for the second quarter of the year. The Dow Jones rose 4 points, or less than 0.1%, to close at 18,533; the S&P 500 index finished up 1 point, or less than 0.1%, at 2,182; and the Nasdaq Composite climbed 12 points, or 0.2%, to end at a record high of 5,225.2016-08-09T21:19:14"
US IBD/TIPP Economic Optimism Improves in August,Economic Optimism Index,"US IBD/TIPP Economic Optimism Improves in August United States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States rose to 48.4 in August of 2016 from 45.5 in the previous month and above market expectations of 46.2. It is the highest level since May as optimism about personal finances increased to 58.0 from 57.2 in July and six-month economic outlook jumped to 44.7 recovering from 36.7 which was the worst number since October 2013. In contrast, sentiment about federal policies remained negative, dipping to 42.5 from 42.7.2016-08-09T15:22:18"
US Wholesale Inventories Rise More Than Expected,Wholesale Inventories,"US Wholesale Inventories Rise More Than ExpectedUnited States Wholesale InventoriesWholesale stocks in the United States rose 0.3 percent month-over-month to $590.9 billion in June 2016, compared to an upwardly revised 0.2 percent gain in the previous period and above market expectations of 0.1 percent rise. Inventories of nondurable goods were up 1.1 percent, boosted by drugs and druggists' sundries (+4.9 percent) and farm product raw materials (+4 percent). Meanwhile, stocks of durable goods were down 0.3 percent. Wholesale stocks excluding autos, the component that goes into GDP calculation, increased 0.3 percent.2016-08-09T15:10:34"
US Stocks Open Higher Amid Rising Oil Prices,Stock Market,"US Stocks Open Higher Amid Rising Oil PricesUnited States Stock MarketUS equities traded higher on Monday, despite weak productivity data for the second quarter of the year, as a rise in oil prices boosted sentiment. The Dow Jones Industrial Average added 34 points, or 0.2%, the S&P 500 index gained 3 points, or 0.1%; and the Nasdaq Composite Index advanced 10 point, or 0.2% around 15 minutes after the opening bell.2016-08-09T14:48:35"
US Productivity Falls for 3rd Straight Quarter,Productivity,"US Productivity Falls for 3rd Straight Quarter United States ProductivityLabor productivity in the nonfarm business sector in the United States decreased at a seasonally adjusted annual rate of 0.5 percent quarter-on-quarter in the second quarter of 2016, following 0.6 percent decline in the previous period, preliminary estimates showed. Figures came below market expectations of 0.4 percent growth. Output increased 1.2 percent and hours worked went up 1.8 percent. Year-on-year, productivity decreased 0.4 percent, the biggest drop in three years. 2016-08-09T13:41:05.147"
US Nonfarm Unit Labour Costs Rise 2% in Q2,Labour Costs,"US Nonfarm Unit Labour Costs Rise 2% in Q2United States Labour CostsUnit labor costs in the nonfarm business sector in the United States increased 2 percent in the second quarter of 2016 from the previous period, compared to a downwardly revised 0.2 percent drop in the first quarter and higher than market expectations of 1.8 percent growth, preliminary figures showed. Hourly compensation increased 1.5 percent while productivity fell 0.5 percent. Unit labor costs increased 2.1 percent over the last four quarters.2016-08-09T13:35:46"
US Stocks Retreat from Records,Stock Market,"US Stocks Retreat from Records United States Stock MarketUS stocks closed slightly lower on Monday with health care shares among the worst performers and despite a rise in oil prices while investors remained cautious ahead of retail sales data for July, due Friday. The Dow Jones fell 14 points, or less than 0.1%, to close at 18,529; the S&P 500 index finished down 2 points, or 0.1%, at 2,180; while the Nasdaq Composite dropped 8 points, or 0.2%, to end at 5,213.2016-08-08T21:13:10"
Fed Labor Market Conditions Index Rises to 7-Month High,Labor Market Conditions Index,Fed Labor Market Conditions Index Rises to 7-Month HighUnited States Labor Market Conditions IndexThe Federal Reserve's Labor Market Conditions Index increased to 1 in July 2016 from an upwardly revised -0.1 in the previous month. It was the highest reading since December last year.2016-08-08T15:22:52.967
US Stocks Extend Gains on Monday,Stock Market,"US Stocks Extend Gains on MondayUnited States Stock MarketUS equities traded higher on Monday, amid rising oil prices, after Friday’s jobs data helped boost investors' confidence in the US economy. The Dow Jones Industrial Average added 12 points, or less than 0.1%, the S&P 500 index gained 2 points, or 0.1%; and the Nasdaq Composite Index advanced 1 point, or less than 0.1% around 10 minutes after the opening bell.2016-08-08T14:42:41.487"
Wall Street Hits New Record High,Stock Market,"Wall Street Hits New Record HighUnited States Stock MarketU.S. stocks closed sharply higher on Friday, with the S&P and the Nasdaq closing at the record high after better than expected jobs report lifted investors sentiment. The Dow Jones surged 191.48 points, or 1%, to finish at 18,543.53; the S&P 500 was up 18.62 points, or 0.9%, to 2,182.87; and the Nasdaq Composite finsihed up 54.87 points, or 1.1%, to close at 5,221.12. 2016-08-06T15:36:23.063"
US Consumer Credit Growth Slows in June,Consumer Credit,"US Consumer Credit Growth Slows in June United States Consumer CreditConsumer credit in the United States increased by $12.32 billion in June 2016 following a downwardly revised $17.92 billion rise in May and below market expectations of a $17 billion. Non-revolving credit rose by $ 4.6 billion, after increasing by $16.1 billion in the previous month and revolving credit went up by $7.7 billion, compared with a $1.8 billion rise in May.2016-08-05T20:33:44.393"
Dollar Rises on US Job Report,Currency,"Dollar Rises on US Job ReportUnited States CurrencyThe USD was gaining on Friday after US Jobs report showed the economy added 255,000 jobs in July, better than the 180,000 forecast and not far off the upwardly revised 292,000 seen in June. The dollar index was up 0.73 percent at 96.443 and the euro was down 0.7 percent to USD1.105 around 9:50 AM New York time. 
2016-08-05T14:56:31"
Wall Street Opens Higher After Strong Job Report,Stock Market,"Wall Street Opens Higher After Strong Job ReportUnited States Stock MarketUS equities traded higher on Friday as better-than-expected job report for July boosted sentiment. Official data showed the US economy created 255,000 nonfarm jobs last month, beating market expectations of 180,000. The Dow Jones Industrial Average added 145 points, or 0.8%, the S&P 500 index gained 13 points, or 0.6%; and the Nasdaq Composite Index advanced 38 points, or 0.7% around 15 minutes after the opening bell.2016-08-05T14:47:01"
US Exports Hits 7-Month High in June,Exports,"US Exports Hits 7-Month High in JuneUnited States ExportsTotal exports from the United States edged up 0.3 percent to $183.2 billion in June from May of 2016, following a 0.1 percent drop in the previous period. Exports of goods increased $0.5 billion to $120.4 billion, led by foods, feeds, and beverages; capital goods, civilian aircraft; consumer goods, artwork,antiques, stamps, and other collectibles.2016-08-05T14:17:18"
US Imports at 9-Month High in June,Imports,"US Imports at 9-Month High in JuneUnited States ImportsTotal imports to the United States rose 1.9 percent to $227.7 billion in June from May of 2016, following a 1.6 percent growth in the previous period. Imports of goods increased $4.4 billion to $186.4 billion, led by industrial supplies and materials; crude oil; consumer goods and capital goods.2016-08-05T14:15:22.813"
US Trade Deficit Rises to 10-Month High in June,Balance of Trade,US Trade Deficit Rises to 10-Month High in JuneUnited States Balance of TradeThe trade gap in the United States widened to USD 44.5 billion in June of 2016 from a downwardly revised USD 40.96 billion deficit in the previous month. Figures came above market expectations of a USD 43.1 billion shortfall as imports rose 1.9 percent due to higher oil prices and rising domestic demand while exports edged up only 0.3 percent. 2016-08-05T13:40:14.883
US Economy Adds 255K Jobs in July,Non Farm Payrolls,"US Economy Adds 255K Jobs in JulyUnited States Non Farm PayrollsTotal nonfarm payroll employment in the United States increased by 255,000 in July of 2016, lower than a upwnwardly revised 292,000 in June but above market expectations of 180,000.  Job gains
occurred in professional and business services, health care, and financial activities.
Employment in mining continued to trend down.2016-08-05T13:32:57.723"
US Jobless Rate Steady at 4.9% in July,Unemployment Rate,US Jobless Rate Steady at 4.9% in JulyUnited States Unemployment RateUS unemployment rate came in at 4.9 percent in July 2016 unchanged from the June rate and above market expectations of 4.8 percent. The number of unemployed persons was essentially unchanged at 7.8 million.2016-08-05T13:32:28
Wall Street Close Mostly Flat on Thursday,Stock Market,"Wall Street Close Mostly Flat on ThursdayUnited States Stock MarketUS equities finished mostly flat on Thursday after the Bank of England cut rates for the first time since 2009 to a record low of 0.25 percent and despite rising oil prices. Also, investors await July jobs report due Friday. The Dow Jones Industrial Average and the S&P 500 index finished near the flatline while the Nasdaq Composite Index advanced 6.51 points, or 0.13%.2016-08-04T21:19:36.957"
US Factory Orders Fall for 2nd Month in June,Factory Orders,"US Factory Orders Fall for 2nd Month in JuneUnited States Factory OrdersNew orders for manufactured goods in the United States decreased by 1.5 percent month-on-month in June 2016, compared to an upwardly revised 1.2 percent drop in May while beating market expectations of 1.8 percent fall. It was the second straight month of decline, mainly due to weak demand for transportation equipment and capital goods. Meanwhile, orders for non-defense capital goods excluding aircraft, seen as a measure of business confidence and spending plans, rose 0.4 percent compared with a 0.2 percent gain in May. Excluding transportation, factory orders advanced 0.4 percent after rising by 0.2 percent in the previous month.2016-08-04T15:06:04"
Wall Street Opens Higher After BoE Expands Stimulus,Stock Market,"Wall Street Opens Higher After BoE Expands StimulusUnited States Stock MarketUS equities inched higher on Thursday after the Bank of England cut rates for the first time since 2009 to a fresh record low of 0.25% and increased the stock of purchased assets to £435 billion. Meanwhile, data from the US showed jobless claims came in slightly above expectations and layoffs increased for a second month in July. The Dow Jones Industrial Average added 30.7 points, or 0.2%, the S&P 500 index gained 2.3 points, or 0.1%; and the Nasdaq Composite Index advanced 4.4 points, or 0.1% around 10 minutes after the opening bell.2016-08-04T14:41:53"
US Jobless Claims Rise to 5-Week High,Initial Jobless Claims,"US Jobless Claims Rise to 5-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 3,000 to 269,000 in the week ended July 30th compared with the previous week's unrevised level of 266,000. The figure came in above market expectations of 265,000. Still, this marks 74 consecutive weeks of initial claims below 300,000, the longest streak since 1973.2016-08-04T13:35:05"
US Corporate Layoffs Rise for 2nd Month,Challenger Job Cuts,"US Corporate Layoffs Rise for 2nd MonthUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States went up 19 percent month over month to 45,346 in July of 2016, global outplacement consultancy Challenger, Gray & Christmas, Inc. announced. It was the second consecutive increase in monthly job cuts. The biggest loss occurred in the energy sector (17,725), followed by computer (9,875), industrial goods (2,425) and electronics (1,941). Year-on-year, layoffs fell 57 percent. To date, employers have announced 359,100 job cuts in 2016, down 8.7 percent from the 393,368 job cuts announced in the same period of 2015.2016-08-04T12:41:59"
US Stocks Recover Slightly on Wednesday,Stock Market,"US Stocks Recover Slightly on Wednesday United States Stock MarketUS stocks closed higher on Wednesday as rebound in oil prices lifted energy shares. The Dow Jones Industrial Average added 41.23 points, or 0.23%, the S&P 500 index gained 6.76 points, or 0.31%; and the Nasdaq Composite Index advanced 22 points, or 0.43%.2016-08-03T21:25:18"
US Crude Oil Stocks Rise for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Stocks Rise for 2nd WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States went up 1.413 million barrels in the week ended July 29th, 2016, following a 1.671 million increase in the previous week. It was the second straight rise while markets were expecting a 1.25 million drop. Meanwhile, gasoline stocks fell by a higher-than-expected 3.262 million barrels, after increasing by 0.452 million in the previous week.2016-08-03T15:33:52"
US Private Sector Activity at 3-Month High in July: Markit,Composite Pmi,"US Private Sector Activity at 3-Month High in July: MarkitUnited States Composite PmiThe final seasonally adjusted Markit U.S. Composite PMI Output Index came in at 51.8 in July 2016, up slightly from 51.2 in June and from the earlier flash figure of 51.5. Manufacturing production rose at a faster rate while services only increased marginally. 2016-08-03T15:19:28"
US Non-Manufacturing Sector Growth Slows in July: ISM,Non Manufacturing PMI,"US Non-Manufacturing Sector Growth Slows in July: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index declined to 55.5 percent in July of 2016, up from 56.5 in June and below market expectations of 56. This represents continued growth in the non-manufacturing sector at a slower rate. The Non-Manufacturing Business Activity Index decreased to 59.3 percent, 0.2 percentage point lower than the June reading of 59.5 percent, reflecting growth for the 84th consecutive month, at a slightly slower rate in July. The New Orders Index registered 60.3 percent, 0.4 percentage point higher than the reading of 59.9 percent in June. The Employment Index decreased 1.3 percentage points in July to 51.4 percent from the June reading of 52.7 percent. The Prices Index decreased 3.6 percentage points from the June reading of 55.5 percent to 51.9 percent, indicating prices increased in July for the fourth consecutive month. According to the NMI®, 15 non-manufacturing industries reported growth in July.2016-08-03T15:04:17"
US Service Sector Activity Expands at Slower Pace in July,Services PMI,"US Service Sector Activity Expands at Slower Pace in JulyUnited States Services PMIThe seasonally adjusted Markit final U.S. Services PMI™ Business Activity Index registered 51.4 in July (earlier ‘flash’ estimate: 50.9), which was unchanged from the figure recorded in June and above the neutral 50.0 threshold for the fifth consecutive month. However, the latest reading remained indicative of only a very modest expansion of business activity that was softer than the post-crisis trend. The data pointed to a further moderate upturn in new business received while volumes of work outstanding increased for the first time in 12 months, although the pace of backlog accumulation was only marginal. 2016-08-03T14:54:23"
US Stocks Trade Higher Amid Upbeat Economic Data,Stock Market,"US Stocks Trade Higher Amid Upbeat Economic DataUnited States Stock MarketWall Street traded in the green on Wednesday despite losses in Asia and Europe, after a report showed that the private sector added a better-than-expected 179,000 new jobs in July and services sector growth came in better than previously estimated while investors awaited weekly US inventory data later in the day. The Dow Jones Industrial Average added 12 points, or less than 0.1%, the S&P 500 index  gained 1.2 points, or less than 0.1%; and the Nasdaq Composite Index advanced 5.8 points, or 0.1% around 20 minutes after the opening bell.2016-08-03T14:51:26"
"US Private Sector Adds 179,000 Jobs in July: ADP",ADP Employment Change,"US Private Sector Adds 179,000 Jobs in July: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 179 thousand workers in July 2016 compared to an upwardly revised 176 thousand in June and above market expectations of 170 thousand. It was the biggest gain in four months, as the service-providing sector added 185 thousand jobs, boosted by professional and business (+59 thousand), trade, transportation and utilities (+27 thousand) and financial activities (+11 thousand). Meanwhile, the goods-producing sector lost 6 thousand jobs, as construction shed 6 thousand while manufacturing added 4 thousand. Midsized companies were the ones hiring more (68 thousand), followed by small (61 thousand) and large (50 thousand).2016-08-03T13:21:12"
US Mortgage Applications Fall for 3rd Straight Week: MBA,Mortgage Applications,"US Mortgage Applications Fall for 3rd Straight Week: MBAUnited States Mortgage ApplicationsMortgage applications in the United States fell 3.5 percent in the week ended July 29th 2016 from the prior period, data from the Mortgage Bankers Association showed. It was the third straight drop as refinance applications went down 4.2 percent and applications to purchase a home shrank 2.4 percent. Fixed 30-year mortgage rates fell 2bps to 3.67 percent.2016-08-03T12:04:15.743"
US Stocks Close Lower on Tuesday,Stock Market,"US Stocks Close Lower on TuesdayUnited States Stock MarketStocks in the US finished in the red on Tuesday dragged down by consumer discretionary sector and falling oil prices. The Dow Jones Industrial Average decreased for the seventh consecutive day by 90.72 points, or 0.49%; the S&P 500 index went down 13.81 points, or 0.64%; and the Nasdaq Composite Index declined 46.46 points, or 0.9%. 2016-08-02T21:54:07"
New York Business Conditions at 7-Month High: ISM,Ism New York Index,"New York Business Conditions at 7-Month High: ISMUnited States Ism New York IndexThe ISM NY Current Business Conditions Index came in at 60.7 in July 2016 compared to 45.4 in June. It was the highest reading since December last year, as expected revenues went up (62.1 from 57.1 in the previous month) while current revenues were unchanged (55.6, the same as in June). In contrast, employment contracted for the tenth time in the last eleven months (45.3 from 35.9 in June), quantity of purchases fell for the fourth month running (48.3 from 46.7) and prices paid eased (48.3 from 55). The 6-month outlook fell to 56.8 in July after rising to a three-month high of 59.5 in June.2016-08-02T15:14:34"
US Stocks Open Lower After Mixed Data,Stock Market,"US Stocks Open Lower After Mixed DataUnited States Stock MarketWall Street opened lower on Tuesday, following sharp losses in Asia and Europe, after data from the US showed the annual rate of personal consumption expenditures price index, the Fed’s preferred inflation barometer, was unchanged in June, while the core inflation was flat at 1.6 percent, below the central bank’s 2 percent target. The release also included lower-than-expected personal income growth while consumer spending beat estimates. The Dow Jones Industrial Average fell 42.2 points, or 0.2%; the S&P 500 index went down 6.3 points, or 0.3%; and the Nasdaq Composite Index dropped 20.4 points, or 0.4%, around 20 minutes after the opening bell.2016-08-02T14:51:14"
US PCE Price Index Up 0.1% in June,PCE Price Index Monthly Change,"US PCE Price Index Up 0.1% in JuneUnited States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States increased by 0.1 percent on the month in June of 2016, following a 0.2 percent growth in May. Prices for services rose at a slower pace (+0.1 percent from +0.3 percent) while cost of goods remained unchanged. Compared to the same month a year earlier, the PCE price index went up 0.9 percent, the same as in May. Excluding food and energy, prices gained 0.1 percent month-over-month, compared to 0.2 percent rise in May. Year-on-year the core PCE price index increased 1.6 percent, also the same as in the previous month.2016-08-02T14:09:43.037"
US Personal Income Growth Misses Market Estimates,Personal Income,"US Personal Income Growth Misses Market Estimates United States Personal IncomePersonal income in the United States increased 0.2 percent month-on-month in June of 2016, the same as in May and missing market expectations of 0.3 percent. Wages and salaries rose 0.3 percent, proprietors' income went up 0.6 percent, rental income advanced 0.4 percent while personal dividend income fell 0.7 percent and personal interest income declined 0.3 percent.

2016-08-02T13:47:10.523"
US Consumer Spending Rises for 3rd Straight Month,Personal Spending,"US Consumer Spending Rises for 3rd Straight MonthUnited States Personal SpendingConsumer spending in the United States increased 0.4 percent in June from May 2016, the same pace as in the previous month, beating market expectations of 0.3 percent rise. It was the third straight month of gains, boosted by a 0.7 percent rise in purchases of non-durable goods. Spending on services increased 0.5 percent, but outlays on long-lasting manufactured goods such as automobiles fell 0.3 percent. Income rose 0.2 percent, below expectations of a 0.3 percent increase.2016-08-02T13:35:46"
Wall Street Ends Mixed Amid Oil Slump,Stock Market,"Wall Street Ends Mixed Amid Oil SlumpUnited States Stock MarketStocks in the US closed mixed on Monday as falling oil prices and lower-than-expected manufacturing activity data weighed on investors' sentiment. The Dow Jones lost 0.15% or 27.73 points, the S&P 500 decreased 0.13% or 2.76 points. In contrast, the Nasdaq added 0.43% or 22.07 points led by gains in tech sector. 2016-08-01T21:24:01"
US Construction Spending Falls 0.6% in June,Construction Spending,"US Construction Spending Falls 0.6% in June United States Construction SpendingConstruction spending in the United States decreased by 0.6 percent on the month in June 2016, following a downwardly revised 0.1 percent drop in May and missing market expectations of a 0.5 percent gain. It was the third straight monthly decline, as public construction fell 0.6 percent dragged down by educational (-0.5 percent) and highway (-1.4 percent) sectors; and private construction dropped 0.6 percent, led by nonresidential construction (-1.3 percent) while residential construction showed no growth. During the first 6 months of the year, construction spending amounted to $539.8 billion, 6.2 percent above the $500.8 billion for the same period in 2015.2016-08-01T15:21:49.337"
US Factory Activity Below Expectations: ISM,Business Confidence,"US Factory Activity Below Expectations: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI came in at 52.6 in July 2016, down 0.6 p.p. from 53.2 in June. The figure came in below market expectations, but was pointing to the fifth consecutive month of growth in factory activity as 12 of our 18 industries reported an increase in new orders and 9 of our 18 industries reported a rise in production. 2016-08-01T15:06:45"
US Factory Output Growth At 8-Month High: Markit,Manufacturing PMI,"US Factory Output Growth At 8-Month High: MarkitUnited States Manufacturing PMIThe seasonally adjusted Markit final U.S. Manufacturing PMI came in at 52.9 in July 2016, up from 51.3 in the previous month and unchanged from the earlier flash reading. It was the highest value since October last year, mainly driven by stronger rates of output, new order and employment growth.2016-08-01T14:51:48"
US Stocks Trade Mostly Lower on Monday,Stock Market,"US Stocks Trade Mostly Lower on MondayUnited States Stock MarketUS stocks opened slightly lower on Monday amid falling oil prices, as investors await manufacturing data for July. The Dow Jones Industrial Average fell 34.8 points, or 0.2%; the S&P 500 index went down 4.4 points, or 0.2%; while the Nasdaq Composite Index was virtually unchanged around 15 minutes after the opening bell.2016-08-01T14:44:37"
US Stocks Close Mixed on Friday,Stock Market,"US Stocks Close Mixed on FridayUnited States Stock MarketWall Street finished mixed on Friday after GDP growth data for the second quarter came well below market expectations and earnings reports were mixed: Amazon and Alphabet beat estimates later on Thursday while results for Exxon Mobil and Chevron disappointed. The Dow Jones lost 24 points or 0.1% while the S&P 500 gained 3.5 points or 0.2% and the Nasdaq finished 7 points or 0.1% higher. For the week, the Dow Jones lost 0.75%, the S&P 500 was nearly flat while the Nasdaq gained 1.2%. Considering the whole month of July, the Dow Jones added 2.8%, the S&P 500 gained 3.6% and the Nasdaq went up 6.6%. 2016-07-29T21:24:18"
US Consumer Sentiment Revised Slightly Up,Consumer Confidence,"US Consumer Sentiment Revised Slightly UpUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States came in at 90 in July 2016, slightly up from a preliminary reading of 89.5 but well below 93.5 in June. It is the lowest reading since April as both current conditions and future expectations worsened, final figures showed.2016-07-29T15:13:56.283"
"US Stocks Fall on Oil, Weak GDP Growth",Stock Market,"US Stocks Fall on Oil, Weak GDP GrowthUnited States Stock MarketWall Street opened mostly lower on Friday amid falling oil prices and after second quarter GDP growth for the US came in well below expectations. Among corporate news, Amazon and Alphabet earnings reports came better than anticipated later on Thursday while results for Exxon Mobil and Chevron disappointed. The Dow Jones lost 43 points or 0.2% and the S&P 500 (-0.07%) and the Nasdaq (+0.03%) traded nearly flat around 17 minutes after the opening bell.2016-07-29T14:59:07"
Chicago PMI Falls Less Than Expected in July,Chicago Pmi,"Chicago PMI Falls Less Than Expected in JulyUnited States Chicago PmiThe MNI Chicago Business Barometer in the United States fell 1 point to 55.8 in July 2016 from 56.8 in June but beating market expectations of 54. New orders and production expanded at a slower pace while the pace of job creation rose to its highest level since March this year, following three consecutive months of contraction. Inflationary pressures were little changed on the month, with prices paid falling slightly for the third consecutive month. 2016-07-29T14:56:20"
US Employment Cost Rises 0.6% in Q2,Employment Cost Index,"US Employment Cost Rises 0.6% in Q2United States Employment Cost IndexCompensation costs for civilian workers in the United States increased 0.6 percent on quarter for the 3-month period ending in June 2016, the same pace as in the previous period and in line with expectations. Wages and salaries, which make up about 70 percent of compensation costs, went up 0.6 percent, and benefits, which make up the remaining 30 percent of compensation, increased 0.5 percent. Compared with the same period a year ago, the employment cost index went up 2.3 percent, accelerating from a 1.9 percent gain in the first quarter.2016-07-29T13:36:10.247"
US Economy Expands 1.2% in Q2,GDP Growth Rate,"US Economy Expands 1.2% in Q2United States GDP Growth RateReal gross domestic product in US increased at an annual rate of 1.2 percent in the second quarter of 2016, according to the ""advance"" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 0.8 percent. The increase in real GDP in the second quarter reflected positive contributions from personal
consumption expenditures (PCE) and exports that were partly offset by negative contributions from
private inventory investment, nonresidential fixed investment, residential fixed investment, and state
and local government spending. Imports, which are a subtraction in the calculation of GDP, decreased.2016-07-29T13:33:39.263"
"US Stocks End Mixed on Earnings, Oil Drop",Stock Market,"US Stocks End Mixed on Earnings, Oil DropUnited States Stock MarketThe S&P 500 and the Nasdaq finished in the green on Thursday, while the Dow Jones closed lower, amid declines in oil prices while better-than-expected earnings' report from Facebook and an anticipation of results from tech Alphabet and Amazon.com boosted sentiment. The Dow Jones slipped 15.82 points, or 0.1%, dragged by shares of Boeing, which closed 2.2% lower. In contrast, the S&P 500 advanced 3.48 points, or 0.2%; and the Nasdaq rose 15.17 points, or 0.3%, to finish at 5,155, for its highest close since December last year.2016-07-28T21:36:01"
US Stocks Fall on Thursday,Stock Market,"US Stocks Fall on ThursdayUnited States Stock MarketWall Street opened lower on Thursday amid disappointing earnings reports for Ford and ConocoPhillips and better than expected Facebook revenues. The Dow Jones was down 58 points or 0.3%, the S&P 500 dropped 5 points or 0.2% and the Nasdaq lost 5 points or 0.1% around 6 minutes after the opening bell. 2016-07-28T14:44:04"
US Jobless Claims at 4-Week High of 266K,Initial Jobless Claims,"US Jobless Claims at 4-Week High of 266KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 14,000 to 266,000 in the week ended July 23rd compared with the previous week's downwardly revised level of 252,000. The figure came above market expectations of 260,000, the highest in four weeks. However, the four-week moving average fell to 256,500, the lowest since April. 2016-07-28T13:36:50"
US Stocks Close Mixed After Fed,Stock Market,"US Stocks Close Mixed After FedUnited States Stock MarketWall Street closed mixed on Wednesday after the Federal Reserve left interest rates on hold as expected but said the labor market strengthened and near-term risks to growth decreased, leaving the door open for a rate hike this year. On the other hand, data released earlier showed durable goods orders fell the most since August of 2014 by 4%, pending home sales rose less than expected and earnings reports came mixed. Apple and Boeing beat expectations while Coca Cola and Twitter disappointed. The Dow Jones closed near the flatline, the S&P 500 lost 3 points or 0.12% while the Nasdaq gained 30 points or 0.58%. 2016-07-27T21:23:46.083"
Fed Leaves Rates on Hold,Interest Rate,"Fed Leaves Rates on Hold United States Interest RateThe Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the fifth time during its July 2016 meeting. Policymakers said that the labor market strengthened and near-term risks to growth decreased, suggesting a rate hike is still possible this year although dependent on incoming economic data. 2016-07-27T19:00:49"
US Crude Oil Stocks Up for 1st Time in 2 Months,Crude Oil Stocks Change,"US Crude Oil Stocks Up for 1st Time in 2 MonthsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States rose by 1.671 million barrels in the week ended July 22nd, 2016, following a 2.342 million fall in the previous week. It is the first increase in two months, compared to market expectations of a more than 2 million drop. Meanwhile, gasoline stocks rose by 0.452 million barrels, after increasing by 0.911 million in the previous week.2016-07-27T15:34:52.42"
US Pending Home Sales Rise Less than Expected,Pending Home Sales,"US Pending Home Sales Rise Less than Expected United States Pending Home SalesContracts to buy previously owned US homes increased 1 percent year-on-year in June of 2016, recovering from a 0.2 percent fall in May. Compared to the previous month, sales edged up 0.2 percent, following a 3.7 percent drop in the previous period but lower than market expectations of a 1.4 percent rise. Sales in the Northeast went up 3.2 percent and those in the Midwest increased 0.8 percent while sales fell in the South by 0.6 percent and in the West by 1.3 percent.2016-07-27T15:17:54.63"
US Stocks Trade Higher Ahead of Fed,Stock Market,"US Stocks Trade Higher Ahead of FedUnited States Stock MarketWall Street opened in the green on Wednesday ahead of the Federal Reserve monetary policy decision later in the day and despite a 4 percent fall in durable goods orders. The Fed is expected to leave rates unchanged but investors will be looking for clues about the time of next hike. Apple shares were among the biggest winners after earnings and sales came better than market expectations and Boeing results also beat. In contrast, Coca-Cola sales and Twitter earnings disappointed. The Dow Jones added 64 points or 0.4%, the S&P 500 gained 3 points or 0.1% and the Nasdaq was up 32 points or 0.6% around 10 minutes after the opening bell.2016-07-27T14:46:26"
US Durable Goods Orders Fall 4% in June,Durable Goods Orders,"US Durable Goods Orders Fall 4% in JuneUnited States Durable Goods OrdersNew orders for US manufactured durable goods slumped 4 percent in June from May of 2016, following an upwardly revised 2.8 percent drop in the previous period. It is the biggest fall since August of 2014 and much worse than market expectations of a 1.1 percent decline, dragged down mainly by transport equipment. However, non-defense core capital goods orders, a proxy for business spending edged up 0.2 percent, recovering from a 0.5 percent decline in May. 2016-07-27T13:37:56.897"
US Mortgage Applications Slump 11.2%,Mortgage Applications,"US Mortgage Applications Slump 11.2%United States Mortgage ApplicationsMortgage applications in the United States fell 11.2 percent in the week ended July 22nd of 2016 from the prior period, data from the Mortgage Bankers Association showed. It is second straight drop as refinance applications went down 15.1 percent and applications to purchase a home shrank 3.3 percent. Fixed 30-year mortgage rates rose 4bps to 3.69 percent.2016-07-27T12:02:27.09"
US Stocks End Mixed; Nasdaq Closes at 2016 High,Stock Market,"US Stocks End Mixed; Nasdaq Closes at 2016 HighUnited States Stock MarketThe S&P 500 and the Nasdaq finished slightly higher on Tuesday, while the Dow Jones closed lower, as investors remained cautious ahead of Fed’s policy decision on Wednesday while a fall in oil prices weighed on sentiment. The Dow Jones slipped 19.31 points, or 0.1%, dragged lower by shares of McDonalds, which closed 4.5% lower due to disappointing earnings' report. The S&P 500 advanced 0.70 points, or less than 0.1%; and the Nasdaq rose 12.42 points, or 0.2%, to finish at 5,111, for its highest close of 2016.2016-07-26T21:24:15"
Richmond Fed Manufacturing Index Beats Expectations,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index Beats ExpectationsUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia increased to 10 in July of 2016 from a downwardly revised -10 in the previous month. Figures came much better than market expectations of -4, reaching the highest in three months. New orders (15 from -17 in June) and shipments (7 from -8) rebounded while backlogs flattened (1 from -12). Employment rose modestly (6 from 1) and while firms continue to report wage increases (14 from 15). 2016-07-26T16:06:33.803"
US New Home Sales Up to 8-1/2-Years High,New Home Sales,"US New Home Sales Up to 8-1/2-Years High United States New Home SalesSales of new single-family houses in the United States jumped 3.5 percent to a seasonally adjusted annual rate of 592,000 in June of 2016. It is the highest figure since February of 2008 and better than market expectations of 560,000, boosted by sales in the West and the Midwest.2016-07-26T15:14:50"
US Services Sector Growth at 5-Month Low,Services PMI,"US Services Sector Growth at 5-Month LowUnited States Services PMIThe Markit Flash US Services PMI came in at 50.9 in July of 2016, down from 51.4 in the previous month. Figures came well below market expectations of 52, due to a slower increase in new business and muted cost inflation. In contrast, new orders and employment picked up and business sentiment recovered to the highest so far this year, suggesting a stronger expansion in coming months. 2016-07-26T14:59:43.647"
US Stocks Open Flat on Tuesday,Stock Market,"US Stocks Open Flat on Tuesday United States Stock MarketWall Street opened around the flatline on Tuesday as investors remained cautious ahead of Fed and BoJ monetary policy decisions during the week, falling oil prices and mixed earnings reports. Results for McDonald’s missed expectations while those for DuPont, United Technologies, Verizon, 3M and Caterpillar came better than expected although shares from the latest two declined after a cut in forecasts. Apple and Twitter are scheduled to report results later in the day. The Dow Jones fell 10 points or 0.07%; the S&P 500 added 1 point or 0.04% and the Nasdaq was up 4 points or 0.09% around 5 minutes after the opening bell.2016-07-26T14:47:51"
US S&P Case-Shiller House Price Growth Slows in May,Case Shiller Home Price Index YoY,"US S&P Case-Shiller House Price Growth Slows in MayUnited States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5.2 percent year-on-year in May of 2016, following a 5.4 percent increase in April and below market expectations of 5.5 percent. It is the lowest increase since September last year. Portland, Seattle, and Denver reported the highest annual gains among the 20 cities over each of the last four months. In May, Portland recorded the highest increase (+12.5 percent) followed by Seattle (+10.7 percent) and Denver (+9.5 percent) among a total of eight cities that showed greater price increases. On a monthly basis, the S&P/Case-Shiller's 20-City Home Price Index increased 0.9 percent, easing from a 1.1 percent rise in April.2016-07-26T14:25:25"
US Stocks Fall on Monday,Stock Market,"US Stocks Fall on MondayUnited States Stock MarketWall Street closed lower on Monday, mainly dragged down by energy shares as oil prices fell to a nearly three-month low on oversupply concerns and a rising dollar. In addition, investors were cautious ahead of Fed and BoJ monetary policy decisions this week and the release of corporate earnings results. So far, Sprint Corp reported better-than-expected revenues and earnings from Kimberly-Clark beat forecasts although its shares declined. In contrast, Roper Technologies’ profits missed estimates. The Dow Jones lost 78 points or 0.42%, with Chevron, Exxon Mobil and GE leading the losses and Verizon shares also fell after the company confirmed it would buy Yahoo for $4.83 billion. The S&P 500 slid 7 points or 0.3% and the Nasdaq closed 3 points or 0.05% lower.2016-07-25T21:27:36"
Dallas Fed Business Activity at 1-1/2-Year High in July,Dallas Fed Manufacturing Index,"Dallas Fed Business Activity at 1-1/2-Year High in JulyUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas came in at -1.3 in July of 2016 from -18.3 in June and much better than market expectations of -10. It is the highest reading since December of 2014. The production index rose to 0.4 from -7 in June ; shipments (0.1 from -8.6) and capacity utilization (0.3 from -9.3) recovered and new orders (-8 from -14.2), employment (-2.6 from -11.5) and hours worked (-0.2 from -12.8) fell less. The index of general business activity for the next six months rose to 18.4 from 2.6.2016-07-25T15:47:32.67"
US Stocks Fail to Sustain Gains on Monday,Stock Market,"US Stocks Fail to Sustain Gains on MondayUnited States Stock MarketWall Street opened mostly lower on Monday as investors were cautious ahead of the biggest week for corporate earnings results, Fed and BoJ monetary policy decisions and falling oil prices. The Dow Jones was down 35 points or 0.2% as Verizon shares fell after the company confirmed it would buy Yahoo for $4.83 billion. The S&P 500 lost 4 points or 0.2% and the Nasdaq traded near the flatine around 4 minutes after the opening bell.2016-07-25T14:50:02"
"US Stocks Rise for 4th Week, S&P at Record High",Stock Market,"US Stocks Rise for 4th Week, S&P at Record HighUnited States Stock MarketWall Street closed higher on Friday amid mixed earnings reports and better-than-expected manufacturing activity data. Revenues from General Electric were  better-than-expected but orders declined; Honeywell earnings topped estimates but sales came lower; results from Whirlpool, Stanley Black & Decker and American Airlines beat expectations while Starbucks, Chipotle and Skechers disappointed. The Dow Jones gained 0.29% or 53 points, adding 0.3% for the week. The S&P 500 went up 0.46% to close at a record high of 2175, bringing full week gain to 0.6%. The Nasdaq added 26 points or 0.52%, closing the week 1.4% higher. 2016-07-22T21:52:47.927"
US Manufacturing Activity At 9-Month High,Manufacturing PMI,"US Manufacturing Activity At 9-Month HighUnited States Manufacturing PMIThe Markit Flash US Manufacturing PMI came in at 52.9 in July of 2016, up from 51.3 in June and much better than market expectations of 51.6. It is the highest reading since October as output and new business growth accelerated and payrolls rose the most in 12 months. 2016-07-22T14:54:07"
US Stocks Open Flat,Stock Market,"US Stocks Open Flat United States Stock MarketWall Street opened flat to lower on Friday as investors await data on manufacturing activity and several earnings reports. So far, General Electric, Honeywell, Whirlpool and Stanley Black & Decker reported better-than-expected revenues while Starbucks disappointed. The Dow Jones, the S&P 500 and the Nasdaq traded near the flatline 3 minutes after the opening bell. 2016-07-22T14:37:06"
US Stocks Close Lower as Oil Retreats,Stock Market,"US Stocks Close Lower as Oil RetreatsUnited States Stock MarketWall Street finished lower on Thursday, as a fall in oil prices weighed on energy and industrial stocks and disappointing results mainly from Intel and American Express hurt sentiment ahead of next week's Fed meeting. The Dow Jones fell 0.42% or 78 points, ending its nine-session win streak; the S&P 500 lost 0.36% or 8 points; and the Nasdaq declined 0.31% or 16 points.2016-07-21T21:27:47"
US Existing Home Sales Hit Fresh 9-Year High,Existing Home Sales,"US Existing Home Sales Hit Fresh 9-Year HighUnited States Existing Home SalesSales of previously owned houses in the United States increased 1.1 percent to a seasonally adjusted annual rate of 5570 thousand in June of 2016, following a downwardly revised 1.5 percent gain in May. It is the highest figure since February of 2007, beating market expectations of a 0.5 percent fall. Sales of single family went up 0.8 percent and those of condos jumped 3.2 percent. The average price increased 4 percent and the months’ worth of supply declined to 4.6. Sales grew 3 percent from a year ago.2016-07-21T15:15:20"
Wall Street Opens Nearly Flat on Thursday,Stock Market,"Wall Street Opens Nearly Flat on ThursdayUnited States Stock MarketStocks in the United States opened flat to lower on Thursday as investors await earnings reports for several companies. Meanwhile, General Motors’ results came better than anticipated. The Dow Jones lost 15 points or 0.1%, the S&P 500 was down 2 points or 0.1% while the Nasdaq traded near the flatline around 3 minutes after the opening bell. 2016-07-21T14:42:14.54"
US House Prices Grow The Least in 11-Months: FHFA,FHFA House Price Index MoM,"US House Prices Grow The Least in 11-Months: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States edged up 0.2 percent on the month in May of 2016, lower than an upwardly revised 0.3 percent increase in April. Figures came in below market expectations of a 0.4 percent gain. Year-on-year, the FHFA house price index went up at a slower 5.6 percent compared with a 5.9 percent growth in the previous month.2016-07-21T14:21:40.777"
Philadelphia Fed Manufacturing Index Below Estimates,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Below Estimates United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index came in at -2.9 in July of 2016 from 4.7 in June, way below market expectations of 5. It is the lowest reading since January as inventories continued to fall (-4.3 from -9.9) and employment was nearly flat (-1.6 from -10.9) while new orders (11.8 from -3) and shipments (6.3 from -2.1) increased. 2016-07-21T14:04:44.887"
Chicago Fed National Activity Index at 5-Month High,Chicago Fed National Activity Index,"Chicago Fed National Activity Index at 5-Month HighUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the US rose to 0.16 in June of 2016 from a downwardly revised -0.56 in May. It is the highest figure since January, beating market expectations of -0.2, led by improvements in production-related indicators. The contribution from production-related indicators rose to 0.18 from –0.29; employment-related indicators contributed 0.06, up from –0.14 while the contribution of the personal consumption and housing category was steady at –0.08. The index’s three-month moving average increased to –0.12 from –0.39.2016-07-21T13:45:22"
US Jobless Claims Fall to 3-Month Low,Initial Jobless Claims,"US Jobless Claims Fall to 3-Month LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 1,000 to 253,000 in the week ended July 16th compared with the previous week's unrevised level of 254,000. The figure came in way below market expectations of 265,000 and hit its lowest level since April.2016-07-21T13:33:30"
US Stocks Gain; Dow Ends at Record High for 7th Day,Stock Market,"US Stocks Gain; Dow Ends at Record High for 7th DayUnited States Stock MarketWall Street closed in the green on Wednesday amid rising oil prices, as better-than-expected earnings' reports mainly from Microsoft and Morgan Stanley boosted optimism among investors. The Dow Jones rose 0.19% or 36 points to end at a record high for the seventh straight day of 18595 points, with nine consecutive days of gains for the first time since 2013; the S&P 500 gained 0.43% or 9.2 points and the Nasdaq advanced 1.06% or 53.6 points.2016-07-20T21:20:38"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States declined by 2.342 million barrels in the week ended July 15th, 2016, following a 2.546 million fall in the previous week and compared to market expectations of a 2.1 million drop. It is the 9th straight decrease in oil inventories. Meanwhile, gasoline stocks rose by 0.911 million barrels, after increasing by 1.213 million in the previous week.2016-07-20T15:38:44"
"Wall Street Opens Higher, Dow on Set for 7th Record",Stock Market,"Wall Street Opens Higher, Dow on Set for 7th RecordUnited States Stock MarketStocks in the United States opened higher on Wednesday as better-than-expected earnings reports for Microsoft and Morgan Stanley lifted investors' confidence. The Dow Jones gained 35 points or 0.2%, the S&P 500 went up 4 points or 0.2% and the Nasdaq added 19 points or 0.4% around three minutes after the opening bell.2016-07-20T14:40:53"
US Mortgage Applications Fall 1.3%,Mortgage Applications,"US Mortgage Applications Fall 1.3%United States Mortgage ApplicationsMortgage applications in the United States fell 1.3 percent in the week ended July 15th of 2016 from the prior period, data from the Mortgage Bankers Association showed. It is the first drop in three weeks. Refinance applications went down 0.9 percent and applications to purchase a home shrank 2 percent. Fixed 30-year mortgage rates rose 5bps to 3.65 percent.2016-07-20T12:08:46.963"
US Stocks End Mixed on Earnings Reports,Stock Market,"US Stocks End Mixed on Earnings ReportsUnited States Stock MarketWall Street closed mixed on Tuesday as Goldman Sachs and Johnson & Johnson earnings reports came better-than-expected while disappointing Netflix and Yahoo results weighed on investors' sentiment. The Dow Jones rose by 0.14% to an all-time high of 18,559.01 points. In contrast, the S&P 500 lost 0.14% or 3.11 points and the Nasdaq declined 0.38% or 19.41 points.2016-07-19T21:37:42"
Wall Street Fails to Sustain Gains on Tuesday,Stock Market,"Wall Street Fails to Sustain Gains on TuesdayUnited States Stock MarketStocks in the United States opened mainly flat on Tuesday among mixed earnings reports. Goldman Sachs joined Citigroup, JP Morgan and Bank of America with better-than-anticipated results while Netflix and Yahoo disappointed. The Dow Jones and the Nasdaq opened near the flatline while the S&P 500 lost 3 points or 0.1% around 5 minutes after the opening bell. 2016-07-19T14:43:13.567"
US Building Permits Rise More Than Expected,Building Permits,"US Building Permits Rise More Than ExpectedUnited States Building PermitsBuilding permits in the United States rose firmly by 1.5 percent to a seasonally adjusted annualized rate of 1153 thousand in June 2016 from 1136 thousand in the previous month. The reading came in better than market consensus, as single-family authorizations rose 1 percent to 738 thousand and multi-family building permits advanced 2.5 percent to 415 thousand. Among regions, permits increased in the Northeast (+9.4 percent) and in the South (+8.3 percent), while they fell in the West (-10.1 percent) and in the Midwest (-2.8 percent). Compared with June 2015, however, building permits dropped 13.6 percent.2016-07-19T13:40:37"
US Housing Starts at 4-Month High of 1189K,Housing Starts,"US Housing Starts at 4-Month High of 1189KUnited States Housing StartsUS housing starts jumped 4.8 percent to a seasonally adjusted annualized rate of 1189 thousand in June from May of 2016, after falling an upwardly revised 1.7 percent in the previous period. Figures came much better than market expectations of a 0.5 percent gain, reaching the highest in four months, as groundbreaking on single-family homes rebounded.2016-07-19T13:39:53"
"Dow, S&P Close at Fresh Record High",Stock Market,"Dow, S&P Close at Fresh Record High United States Stock MarketUS stocks finished higher on Monday, as stronger-than-expected earnings' report from Bank of America as well as news of merger between Japan's Softbank and British chipmaker ARM Holdings boosted sentiment. The Dow Jones was up for the seventh consecutive day by 0.09% or 16.5 points to hit a fresh record high and the S&P 500 increased 0.24% or 5.15 points for a new all-time high. The Nasdaq added 0.52% or 26.19 points and closed at the highest level in 2016.2016-07-18T21:50:48.28"
US Net Capital Outflow $11B in May,Capital Flows,"US Net Capital Outflow $11B in MayUnited States Capital FlowsOverseas investors sold $11 billion of US assets, including short-dated instruments in May of 2016, after buying an upwardly revised $93.1 billion in April. Foreign investors sold $18.3 billion of US Treasuries, after selling $74.6 billion in April. Foreigners bought $41.1 billion of long-term US securities, including government and corporate, after selling $67.4 billion in the previous month. 2016-07-18T21:18:07.973"
US Home Builder Optimism Falls in July,Nahb Housing Market Index,"US Home Builder Optimism Falls in JulyUnited States Nahb Housing Market IndexNAHB Housing Market Index in the United States decreased to 59 in July 2016 from 60 in June. The figure came in below market consensus, as sales expectations over the next six months dropped 3 points to 66 and current single-family home sales and buyer traffic each fell 1 point to 63 and 45, respectively. Regionally, on a three-month moving average, home builder confidence was unchanged in the Northeast, Midwest and South; while confidence in the West rose.2016-07-18T15:14:45"
US Stocks Open Flat,Stock Market,"US Stocks Open FlatUnited States Stock MarketUS stocks opened flat on Monday amid lower oil prices, as investors weighed the turmoil in Turkey while better-than-expected earnings' results for Bank of America boosted sentiment. The Dow Jones retreated 0.08% or 15.6 points while the S&P 500 and the Nasdaq traded near the flat line around 15 minutes after the opening bell.2016-07-18T14:46:16"
"S&P, Nasdaq Turn Lower; Dow Extends Record Streak",Stock Market,"S&P, Nasdaq Turn Lower; Dow Extends Record StreakUnited States Stock MarketUS stocks lost some momentum on Friday to close slightly lower, despite a rise in oil prices and better-than-expected economic data from the US, as a rally on Wall Street eased. The Dow Jones gained 0.1% or 10.1 points at a fresh closing high for the average. In contrast, the S&P 500 slipped 0.1% or 2 points and the Nasdaq declined 0.1% or 4.5 points. Meanwhile, US stocks extended gains for the third straight week, as the Dow Jones added 2 percent, the S&P 500 advanced 1.5% and the Nasdaq ended up 1.5%.2016-07-15T21:28:56"
Wall Street Opens Mostly Higher on Friday,Stock Market,"Wall Street Opens Mostly Higher on FridayUnited States Stock MarketStocks in the US opened mostly in the green on Friday, with the Dow and the S&P hitting fresh all time highs. Better than expected earnings results from Citigroup and retail sales data beating market consensus boosted investors' mood. The Dow Jones added 0.14% or 25 points, the S&P 500 rose 0.1% or 2 points and the Nasdaq traded near the flatline around 10:00 AM New York time.2016-07-15T15:18:46"
US Consumer Sentiment Falls to 3-MonthLow,Consumer Confidence,"US Consumer Sentiment Falls to 3-MonthLowUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States came in at 89.5 in July 2016, down from 93.5 in June and well below market expectations of 93.5. It is the lowest reading since April as current conditions worsened, the future outlook reached the lowest since September of 2014 and inflation expectations rose, preliminary figures showed.2016-07-15T15:14:36.273"
US Business Inventories Rise 0.2% in May,Business Inventories,"US Business Inventories Rise 0.2% in MayUnited States Business InventoriesManufacturers’ and trade inventories in the United States went up 0.2 percent month-on-month in May 2016, following a 0.1 percent rise in the previous month and above market expectations of 0.1 percent. Retail inventories excluding autos, which go into the calculation of GDP, increased 0.4 percent in May after falling 0.2 percent the prior month. Year-on-year, inventories were up 1 percent.2016-07-15T15:06:06.3"
US Industrial Output Posts Biggest Gain in 1 Year,Industrial Production Mom,"US Industrial Output Posts Biggest Gain in 1 YearUnited States Industrial Production MomIndustrial production in the United States increased 0.6 percent in June from May 2016, recovering from a downwardly revised 0.3 percent drop in the previous period and better than market expectations of a 0.2 percent gain. It was the biggest gain since July last year, as output of manufacturing, mining and utilities moved up. For the second quarter as a whole, however, industrial production fell at an annual rate of 1 percent, its third consecutive quarterly decline.2016-07-15T14:23:24"
NY Empire State Manufacturing Index Flattens in July,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index Flattens in JulyUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index came in at 0.55 in July of 2016, compared to 6.01 in the previous month and worse than market expectations of 5. New orders (-1.82 from 10.9 in June) and shipments (0.7 from 9.32 in June) fell and inventories remained negative (-8.8 from -15.31). Labor market conditions worsened (-4.4 from 0.0 in June) and the decline in average workweek accelerated (-5.49 from -5.1 in June). Prices received went up (1.1 from -1.02 in June) and prices paid rose at a faster pace (18.68 from 16.37). Firms were less optimistic about the six-month outlook while capital spending plans were unchanged.2016-07-15T13:50:30"
US Retail Sales Rise for 3rd Straight Month,Retail Sales MoM,"US Retail Sales Rise for 3rd Straight MonthUnited States Retail Sales MoMRetail sales in the United States advanced 0.6 percent in June from May 2016, following a downwardly revised 0.2 percent gain in the previous period and beating market expectations of 0.1 percent rise. It was the third straight month of gains as sales of motor vehicles, furniture and building material rebounded. Retail sales, excluding automobiles, gasoline, building materials and food services, which correspond most closely with the consumer spending component of GDP, went up 0.5 percent last month after a 0.5 percent increase in May.2016-07-15T13:40:41"
US Inflation Rate Steady at 1% in June,Inflation Rate,"US Inflation Rate Steady at 1% in JuneUnited States Inflation RateConsumer prices in the United States increased 1 percent year-on-year in June of 2016, the same as in the previous month and slightly below market expectations of a 1.1 percent rise. Inflation accelerated for shelter and medical care and energy prices fell at a slower pace while food inflation reached the lowest in more than 6 years.2016-07-15T13:36:51"
"Dow, S&P Extend Gains and Close at New Record High",Stock Market,"Dow, S&P Extend Gains and Close at New Record HighUnited States Stock MarketUS stocks extended their winning streak for a fifth session to close higher on Thursday, amid rising oil prices, after the Bank of England hinted at looser monetary policy in August and stronger-than-expected earnings' report from JPMorgan as well as upbeat economic data boosted sentiment. The Dow Jones gained 0.73% or 134 points; the S&P 500 finished up 0.53% or 11 points; and the Nasdaq added 0.57% or 28 points.2016-07-14T21:17:28"
"Wall Street Opens Higher, Dow at Fresh Record High",Stock Market,"Wall Street Opens Higher, Dow at Fresh Record HighUnited States Stock MarketStocks in the US opened in the green on Thursday as investors’ mood was boosted by a recovery in oil prices, stronger data for jobless claims and producer prices and better-than-expected earnings results for JPMorgan. In addition, the Bank of England hinted the monetary policy may be loosened in August. The Dow Jones added 0.85% to 18,527 points; the S&P 500 gained 0.72% to 2,168 points and the Nasdaq rose 0.64% to 5,037 points around 45 minutes after the opening bell.2016-07-14T15:24:30"
US Producer Prices Post Biggest Gain in 1 Year,Producer Price Inflation MoM,"US Producer Prices Post Biggest Gain in 1 YearUnited States Producer Price Inflation MoMProducer prices for final demand in the United States rose 0.5 percent on the month in June 2016, following a 0.4 percent growth in the previous month and beating market expectations of 0.3 percent. It was the biggest gain since May 2015, led by a 0.4 percent growth in prices for final demand services, as prices for trade (+0.7 percent) and transportation and warehousing (+0.5 percent) went up. The index for final demand goods rose 0.8 percent, led by higher cost of energy (+4.1 percent) and food (+0.9 percent). Compared to the same month of the previous year, factory gate prices increased 0.3 percent, the largest increase since moving up 0.9 percent in December 2014.
2016-07-14T13:41:37"
Initial Jobless Claims Unchanged at 254K in Latest Week,Initial Jobless Claims,"Initial Jobless Claims Unchanged at 254K in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits held steady at 254,000 in the week ended July 9th, the lowest since early April. Figures came better than market expectations of 265 thousand, suggesting further labour market strength. It is the 71st straight week initial claims are below 300,000, the longest streak since 1973.2016-07-14T13:35:01.327"
"Dow, S&P Close at Fresh Record High",Stock Market,"Dow, S&P Close at Fresh Record HighUnited States Stock MarketThe Dow Jones closed in positive territory for the fourth straight day on Wednesday, gaining 0.1% or 24 points to 18372, a new record high. The S&P 500 inched up 0.29 points to 2152 points, also a new high while the Nasdaq lost 0.3% or 17 points. 2016-07-13T21:29:55.253"
US Budget Surplus Narrows in June,Government Budget Value,"US Budget Surplus Narrows in JuneUnited States Government Budget ValueThe United States recorded a USD 6 billion budget surplus in June of 2016, much lower than a USD 50 billion surplus a year earlier and market expectations of USD 24 billion. Outlays rose 10.6 percent while receipts fell 3.8 percent. 2016-07-13T19:18:13.647"
US Crude Oil Inventories Fall for 8th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 8th WeekUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States declined by 2.546 million barrels in the week ended July 8th, 2016, following a 2.223 million fall in the previous week and compared to market expectations of a 2.95 million drop. Meanwhile, gasoline stocks rose by 1.213 million barrels, after falling by 0.122 million in the previous week.2016-07-13T15:45:47"
Wall Street Opens Flat on Wednesday,Stock Market,"Wall Street Opens Flat on WednesdayUnited States Stock MarketStocks in the US opened nearly flat on Wednesday after the Dow and the S&P closed at record highs yesterday, as losses in energy and financials shares offset gains in utilities and telecom sectors. The three indexes were nearly flat as: the Dow Jones traded at 18340 points; the S&P 500 at 2152 points and the Nasdaq at 5023 points around 25 minutes after the opening bell.2016-07-13T15:04:07"
US Export Prices Up 0.8% in June,Export Prices MoM,"US Export Prices Up 0.8% in June United States Export Prices MoMExport prices in the United States increased 0.8 percent in June from May of 2016, above market expectations of a 0.4 percent rise and after recording 1.2 percent growth in the previous month. Agricultural prices rose 2.4 percent, driven by growth in soybean (+8.6 percent) and corn (+6.0 percent) prices. Non-agricultural exports went up 0.5 percent, led by higher prices for industrial supplies and materials and capital goods while consumer goods cost fell. Year-on-year, the price index fell 3.5 percent, the smallest annual drop since December 2014.

2016-07-13T13:39:43.083"
US Import Prices Rise Less Than Expected,Import Prices MoM,"US Import Prices Rise Less Than ExpectedUnited States Import Prices MoMImport prices in the United States increased by 0.2 percent on the month in June 2016, after rising 1.4 percent in May, missing market expectations of 0.5 percent gain. The advance was driven by higher fuel prices (+6.2 percent), as prices of petroleum (+6.4 percent) and natural gas (+5.2 percent) went up sharply. Meanwhile, a decline in nonfuel prices (-0.3 percent), dragged lower by cost of capital goods prices (-0.3 percent) and consumer goods, excluding automobiles (-0.2 percent), weighed on growth. Despite the recent advances, import prices remain down on a yearly basis, falling 4.8 percent for the year ended in June.2016-07-13T13:39:30"
US Mortgage Applications Rise for 2nd Week,Mortgage Applications,"US Mortgage Applications Rise for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States increased 7.2 percent in the week ended July 8th of 2016 from the prior period, following a 14.2 percent surge in the previous week, data from the Mortgage Bankers Association showed. Refinance applications jumped 11.2 percent while applications to purchase a home stalled. Fixed 30-year mortgage rates declined 6bps to 3.6 percent, down for the sixth straight week and reaching a new low since May of 2013.2016-07-13T12:10:01"
"Dow, S&P Close at Record High",Stock Market,"Dow, S&P Close at Record High United States Stock MarketWall Street closed firmly higher on Tuesday led by gains in energy as oil prices climbed by more than 4 percent in their biggest rise since April while an easing of Brexit concerns and hopes of further stimulus boosted sentiment. The Dow Jones gained 0.66% or 121 points to hit a fresh record high and the S&P 500 finished up 0.70% or 15 points for a new all-time high as well. The Nasdaq added 0.69% or 34 points and turned postive for the year.2016-07-12T21:27:33.613"
Dow Jones at All-Time High on Tuesday,Stock Market,"Dow Jones at All-Time High on TuesdayUnited States Stock MarketThe Dow Jones reached a new intraday high on Tuesday, mainly boosted by gains in tech and energy sectors as easing concerns over political situation in the UK and a rally in oil prices improved investors’ sentiment. The Dow gained 0.37% or 68 points to 18,295 around 10:25 AM New York time.2016-07-12T15:27:18"
US Job Openings at 5-Month Low of 5.5M,Job Offers,"US Job Openings at 5-Month Low of 5.5MUnited States Job OffersJob openings in the United States decreased by 345,000 to 5.5 million in May of 2016 compared to an upwardly revised 5.845 million in the previous month and below market expectations of 5.7 million. The number of positions waiting to be filled fell in wholesale trade (-104,000), other services (-98,000), and real estate and rental and leasing (-53,000). The number of job openings decreased for total private (-353,000) and was little changed for government (+8,000). Among regions, openings fell in the South (-152,000) and the Midwest (-120,000).2016-07-12T15:13:19"
US Wholesale Inventories Rise Slightly in May,Wholesale Inventories,"US Wholesale Inventories Rise Slightly in MayUnited States Wholesale InventoriesWholesale stocks in the United States edged up 0.1 percent month-over-month to $589.2 billion in May 2016, compared to an upwardly revised 0.7 percent gain in the previous period and missing market expectations of a 0.2 percent rise. Inventories of durable goods were up 0.1 percent, boosted by computer and computer peripheral equipment and software (+1.9 percent) while motor vehicle and motor vehicle parts and supplies fell 1.9 percent. In addition, stocks of nondurable goods rose 0.2 percent, as farm product raw materials rose 5.9 percent. Wholesale stocks excluding autos, the component that goes into GDP calculation, increased 0.4 percent.2016-07-12T15:13:03"
US Stocks Open At New Record,Stock Market,"US Stocks Open At New RecordUnited States Stock MarketWall Street opened in the green on Tuesday led by gains in energy and financials. Rising oil prices, easing concerns about political situation in the UK and better than expected earnings report from Alcoa lifted investors mood. The Dow Jones added 0.64% or 116 points, the S&P 500 rose 0.65% or 14 points and the Nasdaq increased 0.7% or 35 points, around 20 minutes after the opening bell.2016-07-12T14:53:59"
"Wall Street Opens Higher, S&P Hits Fresh High",Stock Market,"Wall Street Opens Higher, S&P Hits Fresh HighUnited States Stock MarketStocks in the US opened in the green on Monday, extending Friday’s gains after the jobs report for June came well above expectations. The Dow Jones added 0.43% or 79 points, the S&P 500 gained 0.3% or 6 points, hitting a new all-time intraday high and the Nasdaq rose 0.64% or 32 points around 30 minutes after the opening bell.2016-07-11T15:09:29"
S&P 500 Hits Record High,Stock Market,"S&P 500 Hits Record HighUnited States Stock MarketS&P 500 reached a fresh record high for the first time in more than a year as optimism over the US economy offset the concerns over the Brexit. The benchmark equity barometer rose 0.4% to 2138.8, 15 minutes after the opening bell on Monday, rallying by more than 16% from February's lows. 
2016-07-11T14:47:45.013"
US Consumer Credit Beats Expectations in May,Consumer Credit,"US Consumer Credit Beats Expectations in May United States Consumer CreditConsumer credit in the United States increased by $18.56 billion in May 2016 following a downwardly revised $13.4 billion rise in April and above market expectations of a $16 billion gain. Non-revolving credit rose by $16.204 billion, after increasing by $12.04 billion in the previous month and revolving credit went up by $2.35 billion, compared with a $1.36 billion rise in April.2016-07-08T20:07:58.26"
Wall Street Opens Higher On Jobs Report,Stock Market,"Wall Street Opens Higher On Jobs ReportUnited States Stock MarketStocks in the US opened higher on Friday after the nonfarm payrolls report showed the US economy added more jobs than expected in June. The Dow Jones added 0.84% or 150 points, the S&P 500 rose 0.9% or 19 points and the Nasdaq increased 0.92% or 45 points around 25 minutes after the opening bell.2016-07-08T14:58:52"
US Jobless Rate Rises to 4.9% in June,Unemployment Rate,"US Jobless Rate Rises to 4.9% in JuneUnited States Unemployment RateUS unemployment rate went up to 4.9 percent in June 2016 after falling by 0.3 p.p. to 4.7 percent in the previous month. The figure came in worse than market expectations, as more people entered the labor force. The number of unemployed persons increased by 347,000 to 7.8 million, offsetting declines in May and bringing both measures back in line with levels that had prevailed from August 2015 to April.2016-07-08T13:34:37"
US Economy Adds 287K Jobs in June,Non Farm Payrolls,"US Economy Adds 287K Jobs in JuneUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 287,000 in June, and the unemployment 
rate rose to 4.9 percent, the U.S. Bureau of Labor Statistics reported today. Job 
growth occurred in leisure and hospitality, health care and social assistance, and 
financial activities. Employment also increased in information, mostly reflecting 
the return of workers from a strike.2016-07-08T13:33:08.277"
US Crude Oil Inventories Fall for 7th Straight Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 7th Straight WeekUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States declined by 2.223 million barrels in the week ended July 1st, 2016, following a 4.053 million fall in the previous week and compared to market expectations of a 2.25 million drop. It was the seventh straight decline in oil inventories. Meanwhile, gasoline stocks declined by 0.122 million barrels, after growing by 1.367 million in the previous week.2016-07-07T16:04:30.587"
"Wall Street Opens Higher on Oil, ADP Data",Stock Market,"Wall Street Opens Higher on Oil, ADP DataUnited States Stock MarketStocks in the US opened in the green on Thursday boosted by gains in energy shares as oil prices extended the rally and after data from ADP showed the private sector added 172K jobs, more than expected. The Dow Jones added 0.3% or 54 points, the S&P rose 0.4% or 8 points and the the Nasdaq increased 0.5% or 25 points around 20 minutes after the opening bell.2016-07-07T15:04:04.533"
US Jobless Claims Below Expectations,Initial Jobless Claims,"US Jobless Claims Below ExpectationsUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell 16,000 to 254,000 in the week ended July 2nd, the lowest in eleven weeks. Figures came better than market expectations of 270 thousand, suggesting labour market strength. It is the 70th straight week initial claims are below 300,000, the longest streak since 1973.2016-07-07T13:38:30.237"
US ADP Payrolls Rise in June,ADP Employment Change,"US ADP Payrolls Rise in JuneUnited States ADP Employment ChangePrivate businesses in the United States hired 172 thousand workers in June of 2016 compared to a downwardly revised 168 thousand in May and above market expectations of 159 thousand. The service-providing sector added 208 thousand while the goods-producing one lost 36 thousand: trade, transportation and utilities added 55 thousand; professional and business increased 51 thousand and financial activities created 2 thousand jobs. In contrast, the manufacturing sector lost 21 thousand and construction shed 5 thousand. Small companies were the ones hiring more (95 thousand), followed by midsized (52 thousand) and large (25 thousand).2016-07-07T13:25:13.227"
US Corporate Layoffs Rise in June,Challenger Job Cuts,"US Corporate Layoffs Rise in JuneUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States went up 28 percent month over month to 38,536 in June of 2016. Yet, it is still the second lowest figure of the year, remaining well below the 12-month average of 53,049. The biggest loss occurred in the financial sector (9,052), followed by retail (3,831); chemical (2,782); computer (2,736); food (2,220); entertainment/leisure (2,049) and energy (1,979). Year-on-year, layoffs fell 14 percent. Considering the second quarter of the year, job cuts totaled 132,834, down 27 percent from 180,920 in the first-quarter and 10 percent lower than the 147,458 job cuts announced in the second quarter of 2015.2016-07-07T12:49:42.623"
Dow Jones Industrial Average Gains After Fed,Stock Market,Dow Jones Industrial Average Gains After FedUnited States Stock MarketThe Dow Jones Industrial Average closed higher on Wednesday after the Fed released minutes from its June meeting.2016-07-06T22:58:09.22
Fed Shows Concerns Over Brexit Risks,Interest Rate,"Fed Shows Concerns Over Brexit RisksUnited States Interest RateFed policymakers decided to wait for additional labor market data and the impact of upcoming referendum in the United Kingdom on global financial markets before rising the rates, minutes from FOMC meeting held on June 14-15th showed. 2016-07-06T19:29:06"
Wall Street Extends Losses on Wednesday,Stock Market,"Wall Street Extends Losses on WednesdayUnited States Stock MarketStocks in the US traded lower for the second straight day dragged down by telecom, financials and energy sectors amid a retreat in oil prices while investors remain cautious ahead of FOMC minutes release. The Dow Jones lost 0.57% or 101 points, the S&P 500 fell 0.52% or 11 points and the Nasdaq decreased 0.32% or 16 points around 10:40 New York time.2016-07-06T15:41:49"
US Services Sector Growth at 7-Month High: ISM,Non Manufacturing PMI,"US Services Sector Growth at 7-Month High: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index went up 3.6 percentage points to 56.5 percent in June of 2016, up from 52.9 in May and well above market expectations of 53.3. It is the highest reading since November last year, boosted by new orders and new business and a recovery in employment. 2016-07-06T15:05:43"
US Markit Services PMI Revised Slightly Up in June,Services PMI,"US Markit Services PMI Revised Slightly Up in JuneUnited States Services PMIThe flash Markit US Services PMI came in at 51.4 in June of 2016, slightly better than a preliminary reading of 51.3 and a final of 51.3 in May. New work increased the most since the start of the year while job creation slowed for the third month and business expectations for next year reached a record low. 2016-07-06T14:56:28"
US Imports Rise for 2nd Month,Imports,"US Imports Rise for 2nd MonthUnited States ImportsTotal imports to the United States rose 1.6 percent to $223.5 billion in May of 2016, following a 2 percent surge in April. Imports of goods increased $3.4 billion to $182.1 billion, led by industrial supplies and materials; non monetary gold; crude oil and consumer goods. In contrast, capital goods and civilian aircraft fell. Imports from China rose 13.8 percent, those from Canada went up 2.3 percent and from the European Union purchases grew 1.6 percent. 2016-07-06T14:17:26.213"
US Exports Fall 0.2% in May,Exports,"US Exports Fall 0.2% in MayUnited States ExportsTotal exports from the United States edged down 0.2 percent to $182. 35 billion in May of 2016, following a 1.4 percent rise in April. Exports of goods decreased $0.2 billion to $119.8 billion, led by capital goods, civilian aircraft; computer accessories; automotive vehicles, parts, and engines and other parts and accessories. Sales to the European Union fell 4.2 percent, with those to the UK down 15.6 percent. Exports to Mexico shrank 1.8 percent, China fell 1.7 percent and those to Canada declined 1.5 percent. In contrast, sales to Japan surged 11.5 percent.2016-07-06T14:15:44"
US Trade Deficit at 3-Month High,Balance of Trade,US Trade Deficit at 3-Month High United States Balance of TradeThe trade gap in the United States widened to USD 41.14 billion in May of 2016 from a USD 37.4 billion deficit in the previous month. Figures came worse than market expectations of a USD 40 billion shortfall as exports shrank 0.2 percent hurt by a stronger dollar and imports rose 1.6 percent due to higher oil prices.2016-07-06T13:36:20
US Mortgage Applications Jump 14.2%,Mortgage Applications,"US Mortgage Applications Jump 14.2%United States Mortgage ApplicationsMortgage applications in the United States surged 14.2 percent in the week ended July 1st of 2016 from the prior period, following a 2.6 percent rise in the previous week, data from the Mortgage Bankers Association showed. Refinance applications went up 20.8 percent and applications to purchase a home rose 4.3 percent. Fixed 30-year mortgage rates declined 9bps to 3.66 percent, down for the fifth straight week and reaching a new low since May of 2013.2016-07-06T12:07:34"
Wall Street Opens Lower on Tuesday,Stock Market,"Wall Street Opens Lower on TuesdayUnited States Stock MarketStocks in the US opened in the red for the first time in five sessions on Tuesday weighed down by renewed concerns over the Brexit and selloff in the energy sector amid a retreat in oil prices. The Dow Jones lost 0.62% or 111 points, the S&P 500 fell 0.77% or 16 points and the Nasdaq slid 0.92% or 45 points around 40 minutes after the opening bell. 2016-07-05T15:25:12"
US Factory Orders Fall More than Expected,Factory Orders,"US Factory Orders Fall More than ExpectedUnited States Factory OrdersNew orders for manufactured goods in the United States shrank 1 percent month-on-month in May of 2016, compared to a downwardly revised 1.8 percent gain in the previous month. Figures came slightly worse than market expectations of a 0.9 percent drop. Meanwhile, orders for non-defense capital goods excluding aircraft, which is considered a measure of business confidence and spending plans fell 0.4 percent compared with a 0.7 percent drop in April and excluding transportation, factory orders edged up 0.1 percent.2016-07-05T15:10:26.117"
US IBD/TIPP Economic Optimism at 8-Month Low,Economic Optimism Index,"US IBD/TIPP Economic Optimism at 8-Month LowUnited States Economic Optimism IndexThe IBD/TIPP Economic Optimism Index in the United States fell to 45.5 in July of 2016 from 48.2 in the previous month, missing market expectations of 49.3 and hitting its lowest level since November last year. The index tumbled 8.3 percent to 44.8 among investors, but it dipped just 1.9 percent to 46.5 among non-investors. Investors' six-month outlook plunged 20.4 percent to 35.2, while non-investors' outlook fell 10.3 percent to to 38.2.2016-07-05T15:09:33.89"
NY Business Activity Falls for 2nd Month,Ism New York Index,"NY Business Activity Falls for 2nd MonthUnited States Ism New York IndexThe ISM NY Current Business Conditions Index came in at 45.4 in June of 2016 compared to 37.2 in May. Yet, business activity in New York City contracted in back-to back months for the first time since the Great Recession, as employment (35.9 from 44.6 in May) and quantity of purchases (46.7 from 37.5) continued to fall and current (55.6 from 60) and expected revenues (57.1 from 68) grew less. In contrast, prices paid recovered (55 from 45.7) and the 6-month outlook increased to 59.5, the highest in three months.2016-07-05T14:55:27.543"
US 10-Year Bond Yield At Record Low of 1.38%,Government Bond 10Y,"US 10-Year Bond Yield At Record Low of 1.38%United States Government Bond 10YYields on the 10-year US Treasury note fell to 1.38% on Tuesday, hitting a record low as risk aversion increased amid renewed concerns over the consequences of the Brexit vote. 2016-07-05T12:11:27"
Wall Street Opens Higher For Forth Straight Session,Stock Market,"Wall Street Opens Higher For Forth Straight SessionUnited States Stock MarketStocks in the US opened in the green on Friday led by gains in the consumer discretionary sector while financials lagged. The Dow Jones added 0.3% or 50 points, the S&P 500 rose 0.36% or 8 points and the Nasdaq went up 0.6% or 28 points around 35 minutes after the opening bell.2016-07-01T15:19:11.573"
US Construction Spending Drops for 2nd Straight Month,Construction Spending,"US Construction Spending Drops for 2nd Straight MonthUnited States Construction SpendingConstruction spending in the United States decreased by 0.8 percent on the month in May 2016, easing from an upwardly revised 2 percent drop in April and missing market expectations of a 0.6 percent gain. It was the second straight month of decline, as public construction fell 2.3 percent dragged down by educational (-5.4 percent) and highway (-0.2 percent) sectors; and private construction dropped 0.3 percent, led by nonresidential construction (-0.7 percent) while residential construction showed no growth. During the first 5 months of the year, construction spending amounted to $438.5 billion, 8.2 percent above the $405.4 billion for the same period in 2015.2016-07-01T15:11:06"
US Manufacturing PMI Grows The Most in 15-Months,Business Confidence,US Manufacturing PMI Grows The Most in 15-MonthsUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI rose to 53.2 in June of 2016 from 51.3 in May and well above market expectations of 51.4. It is the highest reading since February of 2015 as new orders growth accelerated and employment expanded for the first time since November.2016-07-01T15:09:28
US Markit Manufacturing PMI Revised Slightly Down,Manufacturing PMI,"US Markit Manufacturing PMI Revised Slightly DownUnited States Manufacturing PMIThe final Markit Manufacturing PMI for the United States came in at 51.3 in June of 2016, slightly below a preliminary reading of 51.4 but above 50.7 in May. Yet, it is still the highest reading in three months. Production increased and new business grew the most since March while payroll numbers expanded moderately and stocks of purchases fell further. 2016-07-01T14:51:54.773"
Wall Street Gains Slightly on Thursday,Stock Market,"Wall Street Gains Slightly on ThursdayUnited States Stock MarketStocks in the United States attempted gains for a third straight session on Thursday, boosted by utilities, industrials and consumer staples shares. The Dow Jones was up 43 points or 0.24%, the S&P 500 was up 2 points or 0.1% and the Nasdaq traded near the flatline around 10:15 AM New York time.2016-06-30T15:30:42.957"
Chicago PMI at 1-1/2-Year High,Chicago Pmi,"Chicago PMI at 1-1/2-Year HighUnited States Chicago PmiThe Chicago PMI in the United States rose 7.5 points to 56.8 in June of 2016, the highest since January of 2015 and beating market expectations of 50.7. New orders subindex reached the highest since October 2014; order backlogs rose to the biggest since March of 2011 and production increased significantly to the highest so far this year. In contrast, employment contracted at the fastest pace since November 2009. Yet, June’s rebound was enough to offset the previous two months of weakness, leaving the Barometer broadly unchanged over the quarter at an average of 52.2 in Q2 compared with 52.3 in Q1.2016-06-30T15:01:12"
US Jobless Claims Rise to 268K,Initial Jobless Claims,"US Jobless Claims Rise to 268KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 10,000 to 268,000 in the week ended June 25th compared with the previous week's revised level of 258,000. The figure came in slightly above market expectations of 267,000. 2016-06-30T13:37:12.4"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States declined by 4.053 million barrels in the week ended June 24th, 2016, following a 0.917 million fall in the previous week and compared to market expectations of a 2.3 million drop. It is the sixth straight decline in oil inventories. Meanwhile, gasoline stocks rose by 1.367 million barrels, the biggest gain in five weeks.2016-06-29T15:36:17"
Wall Street Opens Higher for 2nd Day,Stock Market,"Wall Street Opens Higher for 2nd DayUnited States Stock MarketStocks in the US extended the rally on Wednesday boosted by gains in all sectors, namely materials and energy as the rebound from the Brexit selloff continued. The Dow Jones added 0.9% or 154 points, the S&P 500 rose 1% or 21 points and the Nasdaq gained 1.2% or 56 points around 25 minutes after the opening bell.2016-06-29T15:13:52.237"
US Pending Home Sales Post 1st Drop in 2 Years,Pending Home Sales,"US Pending Home Sales Post 1st Drop in 2 YearsUnited States Pending Home SalesContracts to buy previously owned US homes shrank 0.2 percent year-on-year in May of 2016, following a 4.6 percent rise in April. It is the first annual decline since August of 2014. Compared to the previous month, sales shrank 3.7 percent, following a downwardly revised 3.9 percent increase in April and much worse than market expectations of a 1 percent decrease. Sales in the Northeast were down 5.3 percent, those in the Midwest declined 4.2 percent, South fell 3 percent and in the West sales dropped 3.4 percent. 2016-06-29T15:09:45"
US PCE Price Index Rises 0.2% in May,PCE Price Index Monthly Change,"US PCE Price Index Rises 0.2% in MayUnited States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States increased by 0.2 percent on the month in May of 2016, following a 0.3 percent growth in April, mainly due to the drop in food cost (-0.5 percent from +0.2 percent) and lower prices for energy goods and services (+1.4 percent from +3.8 percent). Compared to the same month a year earlier, the PCE price index rose 0.9 percent, following a 1.1 percent growth in April. Excluding food and energy, prices gained 0.2 percent month-over-month, the same as in April. Year-on-year the core PCE price index increased 1.6 percent, also the same as in the previous month.2016-06-29T13:42:59"
US Personal Spending Up 0.4% in May,Personal Spending,"US Personal Spending Up 0.4% in MayUnited States Personal SpendingConsumer spending in the United States rose 0.4 percent in May from April of 2016, following an upwardly revised 1.1 percent increase in the previous period. It is the second straight month of gains, in line with market expectations, boosted by demand for both goods and services. Income rose 0.2 percent, below expectations of a 0.3 percent increase.2016-06-29T13:38:56"
US Personal Income Growth Below Forecast,Personal Income,"US Personal Income Growth Below ForecastUnited States Personal IncomePersonal income in the United States increased 0.2 percent in May of 2016 over the previous month, slowing from an upwardly revised 0.5 percent gain in April and missing market expectations of 0.3 percent. Wages and salaries rose 0.2 percent, proprietors' income edged up 0.1 percent, rental income advanced 0.5 percent and personal current transfer receipts grew 0.4 percent. 2016-06-29T13:36:15.167"
US Mortgage Applications Down 2.6%,Mortgage Applications,"US Mortgage Applications Down 2.6%United States Mortgage ApplicationsMortgage applications in the United States fell 2.6 percent in the week ended June 24th 2016 from the prior period, following a 2.9 percent rise in the previous week, data from the Mortgage Bankers Association showed. Refinance applications declined 2.4 percent and applications to purchase a home went down 3 percent. Fixed 30-year mortgage rates declined 1bps to 3.75 percent, down for the fourth straight week and reaching a new low since May of 2013.2016-06-29T12:08:41.71"
Richmond Fed Manufacturing Index at 3-1/2-Year Low,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index at 3-1/2-Year LowUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia declined to -7 in June 2016 from -1 in the previous month. Figures came much worse than market expectations of 2 to the lowest reading since January of 2013. New orders (-14 from 0), backlog of orders (-17 from -13), capacity utilization (-10 from -6), employment (-1 from 4), average workweek (-4 from 6) and wages (14 from 15) declined while shipments fell less (-3 from -8). Manufacturers’ positive expectations faded in June. Producers anticipated mild growth in shipments and in the volume of new orders in the next six months. Looking ahead, more survey participants expected slower growth in the number of employees and a shorter average workweek. 2016-06-28T15:19:47.1"
US Stocks Rebound After Brexit Rout,Stock Market,"US Stocks Rebound After Brexit RoutUnited States Stock MarketWall Street opened in the green on Tuesday after two days of losses, mainly boosted by gains in financial and energy shares as Brexit fears eased slightly and oil prices recovered. The Dow Jones added 1.1% or 184 points, the S&P 500 rose 1.% or 22 points and the Nasdaq went up by 1.45% or 67 points around 20 minutes after the opening bell.2016-06-28T15:00:57.447"
US S&P/Case Shiller House Price Growth Slows in April,Case Shiller Home Price Index YoY,"US S&P/Case Shiller House Price Growth Slows in AprilUnited States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5.4 percent year-on-year in April of 2016, compared to an upwardly revised 5.5 percent increase in March and in line with market expectations. Portland (up 12.3 percent), Seattle (up 10.7 percent) and Denver (up 9.5 percent) reported the highest annual gains among a total of nine cities that showed greater price increases in the year ending April 2016. On a monthly basis, the S&P/Case-Shiller's 20-City Home Price Index increased 1.1 percent, higher than an upwardly revised 1 percent rise in the previous period.2016-06-28T14:19:20.01"
US Q1 Corporate Profits Growth Revised Up to 2.2%,Corporate Profits,"US Q1 Corporate Profits Growth Revised Up to 2.2%United States Corporate ProfitsCorporate profits in the United States increased by 2.2 percent or $34.7 billion to $1410.7 billion in the first three months of 2016, recovering from a sharp fall of 8.4 percent in the previous quarter and beating first estimates of 0.6 percent gain. Dividends increased 0.9 percent or $8.2 billion in the first quarter (compared to a fall of 1.7 percent or $15.1 billion in Q4) and undistributed profits went up 4.5 percent or $22.1 billion (compared to a drop of 18.6 percent or $112.2 billion in Q4). Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, increased 1.7 percent or $33.6 billion, after falling by 4.8 percent or $101.6 billion in the previous period. 2016-06-28T13:39:33.69"
US GDP Growth Revised Up to 1.1% in Q1,GDP Growth Rate,"US GDP Growth Revised Up to 1.1% in Q1United States GDP Growth RateThe US economy expanded an annualized 1.1 percent on quarter in the first three months of 2016, higher than a second estimate of 0.8 percent, according to final figures released by the Bureau of Economic Analysis. Consumer spending continued to boost growth although it expanded less than expected while exports and software investment rebounded.2016-06-28T13:37:17"
Dallas Fed Business Activity Below Expectations,Dallas Fed Manufacturing Index,"Dallas Fed Business Activity Below ExpectationsUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' general business activity index for manufacturing in Texas came in at -18.3 in June of 2016 from -20.8 in May. The production index posted a second consecutive negative reading but rose to -7 from -13.1. The new orders index was steady at -14.2, while the growth rate of orders index fell four points to -18.6. The capacity utilization and shipments indexes remained negative for a second month but edged up, coming in at -9.3 and -8.6, respectively. The employment index fell to -11.5, the lowest since November 2009. In addition, price pressures were mixed, and wages continued to rise. In contrast, the index of general business activity for the next six months rose to 2.6 from -1.8.2016-06-27T15:56:45.39"
Wall Street Opens Lower As Brexit Concerns Rise,Stock Market,"Wall Street Opens Lower As Brexit Concerns RiseUnited States Stock MarketStocks in the US continued to fall on Monday led by losses in financials and extending Friday’s plunge as the UK's decision to leave the EU continued to hurt investors' mood. The Dow Jones lost 1.3% or 227 points, the S&P 500 fell 1.3% or 26 points and the Nasdaq slid 1.37% or 64 points around 25 minutes after the opening bell.2016-06-27T15:11:47"
US Services Activity Expands Moderately: Markit,Services PMI,"US Services Activity Expands Moderately: MarkitUnited States Services PMIThe flash Markit US Services PMI came in at 51.3 in June of 2016, the same as in May as relatively subdued demand continued to weigh on activity growth, reflecting economic uncertainty and risk aversion among clients. Incoming new work increased moderately although the growth rate was the fastest since January; jobs growth eased for the third month and was the slowest since December 2014; input cost inflation remained subdued and slowed to its weakest since March. In addition, business optimism fell to a fresh record-low. Considering the second quarter of the year, the average reading was 51.8, slightly stronger than 51.4 in the first three months of the year.2016-06-27T14:56:52"
US Stocks Fall Sharply on Friday,Stock Market,"US Stocks Fall Sharply on FridayUnited States Stock MarketWall Street finished sharply lower on Friday, following earlier losses in Europe and Asia after the UK voted to leave the European Union. The Dow Jones lost 610 points or 3.39%, erasing year-to-date gains; the S&P 500 fell 76 points or 3.6% and the Nasdaq ended 202 points or 4.12% lower.2016-06-24T21:24:20"
US Consumer Sentiment Revised Down to 93.5 in June,Consumer Confidence,"US Consumer Sentiment Revised Down to 93.5 in JuneUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment index for the United States came in at 93.5 in June 2016, down from a preliminary reading of 94.3 and a final of 94.7 in the previous month. Consumers were less optimistic about current conditions and future economic prospects.2016-06-24T15:11:49"
US Stocks Join Global Rout after Brexit Vote,Stock Market,"US Stocks Join Global Rout after Brexit VoteUnited States Stock MarketWall Street opened deeply in the red on Friday, joining the selloff in Europe and Asia after results showed the United Kingdom voted to leave the European Union and Prime Minister David Cameron resigned. The Dow Jones plunged 458 points or 2.5%, the most since September 2011; the S&P 500 lost 52 points or 2.4% and the Nasdaq was down 178 points or 3.6% around 2 minutes after the opening bell. 2016-06-24T14:34:22"
Fed Ready to Provide Liquidity,Interest Rate,"Fed Ready to Provide LiquidityUnited States Interest RateThe Federal Reserve is carefully monitoring developments in global financial markets, in cooperation with other central banks, following the results of the UK referendum, policymakers said on Friday. The Fed is prepared to provide dollar liquidity as necessary, to address pressures in global funding markets, which could have adverse implications for the US economy, the central bank added. The dollar index gained more than 2% on Friday. 2016-06-24T14:16:18"
US Durable Goods Orders Fall More than Expected,Durable Goods Orders,"US Durable Goods Orders Fall More than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured durable goods shrank 2.2 percent in May from April of 2016, following a downwardly revised 3.3 percent rise in the previous period. Figures came worse than market expectations of a 0.5 percent decline, dragged down mainly by transport equipment. Core capital goods orders, a proxy for business spending fell 0.7 percent.2016-06-24T13:40:14"
US New Home Sales Slide From 8-Year High,New Home Sales,"US New Home Sales Slide From 8-Year HighUnited States New Home SalesNew US single-family home sales fell 6 percent to 551,000 in May of 2016 compared to market expectations of 560,000. The April's sales was downwardly revised to 586,000 units, but still remained the highest since February 2008. The inventory of new homes on the market reached the highest since September of 2009. 
2016-06-23T15:17:08"
US Markit Manufacturing PMI Beats Expectations,Manufacturing PMI,"US Markit Manufacturing PMI Beats ExpectationsUnited States Manufacturing PMIThe flash Markit Manufacturing PMI in the United States came in at 51.4 in June of 2016, up from 50.7 in the previous month and beating market expectations of 50.8. It is the highest figure in three months. New business growth accelerated helped by fastest rise in export sales since September of 2014 and output levels increased.2016-06-23T14:56:07"
US Stocks Gain on Thursday,Stock Market,"US Stocks Gain on ThursdayUnited States Stock MarketWall Street opened higher on Thursday, following earlier gains in Europe as the Brexit vote is under way. The Dow Jones added 152 points or 0.9%, the S&P 500 gained 15 points or 0.7% and the Nasdaq was up 28 points or 0.6% around 10 minutes after the open. 2016-06-23T14:45:12.09"
Chicago Fed National Activity Index Turns Negative,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Turns NegativeUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the US fell to -0.51 in May of 2016 from a downwardly revised 0.05 in April. The contribution from production-related indicators dropped to –0.32 in May from +0.13 in April; sales, orders, and inventories fell to –0.01 from 0.0; employment-related indicators edged down to –0.09 from –0.06 and personal consumption and housing category decreased to –0.09 from –0.02. The index’s three-month moving average, declined to –0.36 from –0.25, suggesting that growth in national economic activity was somewhat below its historical trend.2016-06-23T13:50:07.553"
US Jobless Claims Fall to 2-Month Low,Initial Jobless Claims,"US Jobless Claims Fall to 2-Month LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 18,000 to 259,000 in the week ended June 18th compared with the previous period's unrevised reading of 277,000. The figure came in below market expectations of 270,000, hitting its lowest level in eight weeks. 2016-06-23T13:36:07"
US Crude Oil Stocks Fall Less than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Fall Less than ExpectedUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States declined by 0.917 million barrels in the week ended June 17th, 2016, following a 0.933 million fall in the previous week and compared to market expectations of a 1.67 million drop. It is the fifth straight decline in oil inventories. Meanwhile, gasoline stocks rose by 0.627 million barrels after falling by 2.625 million barrels in the previous week.2016-06-22T15:35:33"
Wall Street Open Mostly Higher Ahead of UK Referendum,Stock Market,"Wall Street Open Mostly Higher Ahead of UK ReferendumUnited States Stock MarketStocks in the US traded slightly higher on Wednesday amid higher oil prices while investors await the Brexit referendum outcome and the second day of the Fed Chair Janet Yellen testimony in Congress. The Dow Jones added 0.23% or 42 points, the S&P 500 rose 0.14% or 3 points while the Nasdaq was nearly flat at 4842 points around 35 minutes after the opening bell.2016-06-22T15:33:32.967"
US Existing Home Sales at 9-Year High,Existing Home Sales,"US Existing Home Sales at 9-Year HighUnited States Existing Home SalesSales of previously owned houses in the United States increased 1.8 percent to a seasonally adjusted annual rate of 5530 thousand in May of 2016, following a downwardly revised 1.3 percent gain in April. It is the highest figure since February of 2007. Sales of single family went up 1.9 percent and those of condos rose 1.6 percent. The average price increased 3 percent and the months’ worth of supply was steady at 4.7. Sales grew 4.5 percent from a year ago.2016-06-22T15:09:59.197"
US House Prices Grow The Least in 8-Months: FHFA,FHFA House Price Index MoM,"US House Prices Grow The Least in 8-Months: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States edged up 0.2 percent on the month in April of 2016, much lower than an upwardly revised 0.8 percent increase in March. Figures came in below market expectations of a 0.6 percent gain. Year-on-year, the FHFA house price index went up at a slower 5.9 percent compared with a 6.1 percent growth in the previous month.2016-06-22T14:13:52"
US Mortgage Applications Up 2.9%,Mortgage Applications,"US Mortgage Applications Up 2.9%United States Mortgage ApplicationsMortgage applications in the United States rose 2.9 percent in the week ended June 17th 2016 from the prior period, following a 2.4 percent fall in the previous week, data from the Mortgage Bankers Association showed. Refinance applications increased 6.5 percent while applications to purchase a home shrank 2.4 percent. Fixed 30-year mortgage rates declined 3bps to 3.76 percent, down for the third straight week and reaching the lowest since May of 2013.2016-06-22T12:12:37"
Fed To Remain Cautious in Hiking Rates,Interest Rate,"Fed To Remain Cautious in Hiking RatesUnited States Interest RateA cautious approach to changes in monetary policy remains appropriate amid a hiring slowdown and uncertain economic outlook, Fed Chair Yellen said in a testimony before the Senate Banking Committee. 2016-06-21T15:20:54"
"Wall Street Opens Higher Ahead Of Yellen, Brexit",Stock Market,"Wall Street Opens Higher Ahead Of Yellen, BrexitUnited States Stock MarketEquities in the US opened in the green on Tuesday led by gains in the tech sector while energy shares fell amid a retreat in oil prices. Meanwhile, investors await Fed's Yellen two-day testimony before Congress and the UK referendum on EU membership. The Dow Jones added 0.1% or 15 points, the S&P 500 rose 0.2% or 4 points and the Nasdaq gained 0.26% or 13 points around 20 minutes after the opening bell.2016-06-21T14:54:40.867"
Wall Street Opens Higher On Lower Brexit Risks,Stock Market,"Wall Street Opens Higher On Lower Brexit RisksUnited States Stock MarketStocks in the US soared at the opening on Monday led by financial shares, following earlier gains in Europe and Asia as fears of a 'Brexit' scenario eased. The Dow Jones added 1.4% or 248 points, the S&P 500 rose 1.3% or 27 points and the Nasdaq went up 1.4% or 66 points around 15 minutes after the opening bell.2016-06-20T14:55:06"
Wall Street Opens Lower As Tech Weighs,Stock Market,"Wall Street Opens Lower As Tech WeighsUnited States Stock MarketStocks in the US opened in the red on Friday as gains in energy sector boosted by a recovery in oil prices were not enough to offset a selloff in technology sector after the news that Apple could be ordered to stop selling iPhone 6 in Beijing. The Dow Jones fell 0.24% or 42 points, the S&P 500 lost 0.27% or 5 points and the Nasdaq decreased 0.6% or 28 points around 25 minutes after the opening bell.2016-06-17T15:14:54"
US Building Permits Rise 0.7% in May,Building Permits,"US Building Permits Rise 0.7% in MayUnited States Building PermitsBuilding permits in the United States increased 0.7 percent to a seasonally adjusted annualized rate of 1138 thousand in May of 2016, following 1130 thousand in the previous month. The reading missed market consensus of 1150 thousand, as single-family authorizations fell 2 percent to 726 thousand while multi-family building permits increased 6.7 percent to 381 thousand. 2016-06-17T13:41:30.667"
US Housing Starts Drop 0.3% MoM in May,Housing Starts,"US Housing Starts Drop 0.3% MoM in MayUnited States Housing StartsU.S. housing starts slipped 0.3 percent in May to a seasonally adjusted annual rate of 1164 thousand as groundbreaking for multi-family housing units declined 1.2 percent to a 400 thousand and on single-family homes rose 0.3 percent to a 764 thousand.
2016-06-17T13:33:18"
US Home Builder Confidence at 5-Month High,Nahb Housing Market Index,"US Home Builder Confidence at 5-Month HighUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States came in at 60 in June of 2016, up from 58 in the previous four months. Figures came above market expectations of 59. The sales expectations subindex rose 5 points to 70; the index gauging buyer traffic went up 3 points to 47 and the component charting current sales conditions edged up 1 point to 64.2016-06-16T15:16:00.037"
Wall Street Extends Losses On Oil,Stock Market,"Wall Street Extends Losses On OilUnited States Stock MarketStocks in the US opened lower on Thursday, extending a 5-day slide and dragged down by energy shares amid a retreat in oil prices. The Dow Jones lost 0.7% or 126 points, the S&P 500 slid 0.75% or 16 points and the Nasdaq fell 0.8% or 38 points around 20 minutes after the opening bell.2016-06-16T15:00:40.48"
US Current Account Gap At 7-Year High,Current Account,"US Current Account Gap At 7-Year HighUnited States Current AccountThe current account gap in the United States widened to USD 124.7 billion or 2.7 percent of the GDP in the first quarter of 2016 from a downwardly revised USD 113.4 billion gap in the previous period. It is the highest deficit since the last quarter of 2008 as the primary income surplus narrowed to USD 37.5 billion from USD 47.1 billion and the secondary income deficit increased to USD 40.3 billion from USD 36.3 billion. In contrast, balance of goods gap narrowed to USD 186.4 billion from USD 188.4 billion and the services balance surplus widened to USD 64.6 billion from USD 64.2 billion.2016-06-16T14:14:18.207"
Philadelphia Fed Manufacturing Index Beats Estimates,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Beats Estimates United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index came in at 4.7 in June of 2016 from -1.8 in May, way above market expectations of 1.1. The index returned to positive territory this month after two consecutive negative readings, as about one-quarter of the firms reported increases in activity, similar to last month, while 20 percent of the firms reported decreases, down from 26 percent last month. Sub-indexes were mixed: new orders (-2.9 from -1.9), shipments (-2.5 from -0.5) and employment (-10.9 from -3.3) remained in negative territory, while prices received for manufactured goods (3.9 from 14.8) and prices paid (23 from 15.7) rose. Meantime, unfilled orders, delivery times, and inventories indexes all remained negative. 2016-06-16T13:46:05"
US Initial Jobless Claims at 4-Week High,Initial Jobless Claims,"US Initial Jobless Claims at 4-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 13,000 to 277,000 in the week ended June 11th 2016 from unrevised 264,000 in the previous period. It is the highest figure in four weeks and above market expectations of 270,000, marking the 67th consecutive week of initial claims below 300,000, the longest streak since 1973.2016-06-16T13:37:31.957"
US Inflation Rate Slows to 1% in May,Inflation Rate,"US Inflation Rate Slows to 1% in MayUnited States Inflation RateConsumer prices in the United States went up 1 percent year-on-year in May of 2016, slowing slightly from a 1.1 percent rise in April. Figures came below market expectations of 1.1 percent as inflation for food and transportation services slowed while energy cost fell at a faster pace. Yet, core inflation accelerated slightly to 2.2 percent. 2016-06-16T13:36:07"
Foreigners Buy $80.4 Billion of US Assets in April,Capital Flows,"Foreigners Buy $80.4 Billion of US Assets in AprilUnited States Capital FlowsOverseas investors bought $80.4 billion of US assets, including short-dated instruments in April of 2016, after selling a downwardly revised $98.1 billion in March. Foreigners sold $79.6 billion of long-term US securities, including government and corporate, after buying $78.1 billion in the previous month. Foreign investors also sold $74.6 billion of US Treasuries, after buying $23.6 billion in March.2016-06-15T21:08:09"
Fed Leaves Rates on Hold,Interest Rate,"Fed Leaves Rates on Hold United States Interest RateThe Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the fourth time during its June 2016 meeting. Yet, future rate assessment suggests policymakers still expect two interest-rate hikes this year. GDP growth forecasts were lowered for 2016 and 2017.2016-06-15T19:02:59"
US Crude Oil Inventories Fall for 4th Week,Crude Oil Stocks Change,"US Crude Oil Inventories Fall for 4th WeekUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States declined by 0.933 million barrels in the week ended June 10th, 2016, following a 3.226 million fall in the previous week and compared to market expectations of a 2.27 million drop. Meanwhile, gasoline stocks went down by 2.625 million barrels after rising by 1.010 million barrels in the previous week.2016-06-15T15:39:54"
US Stocks Open in the Green Ahead Of Fed,Stock Market,"US Stocks Open in the Green Ahead Of FedUnited States Stock MarketWall Street opened higher on Wednesday recovering from a 4-day losing streak led by consumer discretionary and financials sector as investors await for the Fed decision on interest rates later in the day. The Dow Jones added 0.25% or 45 points, the S&P 500 rose 0.3% or 6 points and the Nasdaq went up 0.23% or 11 points around 25 minutes after the opening bell.2016-06-15T15:00:06"
US Industrial Production Falls More than Expected,Industrial Production Mom,"US Industrial Production Falls More than ExpectedUnited States Industrial Production MomIndustrial output in the United States declined 0.4 percent in May from April of 2016, following a downwardly revised 0.6 percent rise in the previous period and worse than market expectations of a 0.2 percent drop. Automobiles and electricity accounted the most for the decline, offsetting a rebound in coal mining.2016-06-15T14:20:55"
NY Factory Activity Expands Modestly in June,NY Empire State Manufacturing Index,"NY Factory Activity Expands Modestly in JuneUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index came in at 6.01 in June of 2016, compared to -9.02 in the previous month and beating market expectations of -4. New orders (10.9 from -5.54 in May) and shipments (9.32 from -1.94 in May) came back to growth and inventories were lower (-15.31 from -7.29). Employment index was flat (0 from 2.08 in May) while the average workweek decline slowed (-5.1 from -8.33 in May). Prices received decreased less than in the previous month (-1.02 from -3.13 in May) and prices paid rose at a faster pace (18.37 from 16.67). Firms were more optimistic about the six-month outlook this month, and capital spending plans picked up.


2016-06-15T13:47:01"
US Producer Prices Rise the Most in 4 Months,Producer Price Inflation MoM,"US Producer Prices Rise the Most in 4 MonthsUnited States Producer Price Inflation MoMProducer prices for final demand in the United States rose 0.4 percent on the month in May 2016, following a 0.2 percent growth in the previous month and above market expectations of 0.3 percent. It is the biggest gain since January as prices for final demand goods advanced 0.7 percent, led by higher cost of energy (+2.8 percent, with gasoline up 6.6 percent) and food (+0.3 percent). The index for final demand services edged up 0.2 percent, mainly driven by trade (+1.2 percent) while prices for transportation and warehousing services fell 0.6 percent. Compared to the same month of the previous year, factory gate prices decreased 0.1 percent. 2016-06-15T13:46:53"
"US Mortgage Applications Fall, 30Y Rates at 1-1/2-Year Low",Mortgage Applications,"US Mortgage Applications Fall, 30Y Rates at 1-1/2-Year LowUnited States Mortgage ApplicationsMortgage applications in the United States declined 2.4 percent in the week ended June 10th 2016 from the prior period, following a 9.3 percent surge in the previous week, data from the Mortgage Bankers Association showed. Refinance applications fell 0.7 percent and applications to purchase a home shrank 4.9 percent. Fixed 30-year mortgage rates declined 4bps to 3.79 percent, down for the second straight week and reaching the lowest since January of 2015.2016-06-15T12:09:24"
US Business Inventories Below Expectations,Business Inventories,"US Business Inventories Below ExpectationsUnited States Business InventoriesManufacturers’ and trade inventories in the United States edged up 0.1 percent month-on-month in April of 2016, following a downwardly revised 0.3 percent rise in the previous month and below market expectations of 0.2 percent increase. Retail inventories excluding autos, which go into the calculation of GDP fell 0.2 percent, the biggest drop in nearly a year. Year-on-year, inventories were up 1 percent.2016-06-14T15:12:40.857"
Wall Street Opens Mostly Lower Ahead Of Fed,Stock Market,"Wall Street Opens Mostly Lower Ahead Of FedUnited States Stock MarketStocks in the US opened mostly in the red on Tuesday led by losses in consumer staples sector as risk aversion increased amid concerns about a potential UK exit from the European Union and ahead of the Fed decision on interest rates on Wednesday. The Dow Jones lost 0.16% or 30 points, the S&P 500 fell 0.15% or 3 points and the Nasdaq traded near the flatline at 4850 points around 10 minutes after the opening bell.2016-06-14T14:49:43"
US Export Prices Grow The Most in 5 Years,Export Prices MoM,"US Export Prices Grow The Most in 5 YearsUnited States Export Prices MoMExport prices in the United States increased 1.1 percent in May from April of 2016, above market expectations of a 0.3 percent rise and after recording 0.5 percent growth in the previous month. It is the  largest monthly advance since March 2011, as agricultural prices increased 2.9 percent, driven by growth in soybean (+11.2 percent), corn (+6.7 percent), meat and nuts prices. Nonagricultural exports went up 1.0 percent, led by higher prices for industrial supplies and materials, capital goods, and consumer goods.  Year-on-year, the price index fell 4.5 percent, the smallest annual drop since December 2014.

2016-06-14T13:57:27"
US Import Prices Rise The Most in 4 Years,Import Prices MoM,"US Import Prices Rise The Most in 4 YearsUnited States Import Prices MoMImport prices in the United States increased for the third consecutive month by 1.4 percent in May of 2016, following an upwardly revised 0.7 percent increase in April and above market expectations of a 0.7 percent gain. It was the largest rise since March 2012, primarily driven by higher fuel prices (+16.2 percent, the biggest jump since in April 1999), although nonfuel prices also increased (+0.3 percent, the largest rise since March 2014). Meantime, import prices declined 5.0 percent over the past year, following 5.7 percent drop in the previous month. 
2016-06-14T13:47:41.27"
US Retail Sales Up 0.5%,Retail Sales MoM,"US Retail Sales Up 0.5%United States Retail Sales MoMRetail sales in the United States went up 0.5 percent in May from April of 2016, following a 1.3 percent rise in the previous period and above market expectations of a 0.3 percent increase. It is the second straight month of gains, boosted by sales of automobiles and other goods. 2016-06-14T13:36:24"
European Stocks Extend Losses,Stock Market,"European Stocks Extend LossesUnited States Stock MarketEquities in Europe traded in the red on Tuesday led by losses in energy and banks shares amid a new drop in oil prices and rising concerns over  the possibility the UK leaving the EU as the 'leave' campaign is gathering momentum. The FTSE 100 lost 1.1% or 67 points, the DAX 30 fell 1.1% or 110 points, the CAC 40 decreased 1.25% or 53 points, the IBEX 35 went down 1% or 83 points and the FTSE MIB slid 0.25% or 42 points around 09:35 AM London time.2016-06-14T10:15:24"
Wall Street Opens Lower on Monday,Stock Market,"Wall Street Opens Lower on MondayUnited States Stock MarketStocks in the US started the week in the red led by losses in the tech sector, following earlier falls in Asia and Europe as investors remain cautious ahead of a Fed monetary policy meeting this week and rising concerns regarding the UK EU membership referendum. The Dow Jones lost 0.18% or 32 points, the Nasdaq went down 0.1% or 6 points and the S&P 500 traded near the flatline at 2095 points around 20 minutes after the opening bell.2016-06-13T15:04:58.067"
US Posts $53 Billion Budget Deficit in May,Government Budget Value,"US Posts $53 Billion Budget Deficit in MayUnited States Government Budget ValueThe United States recorded a budget gap of USD 53 billion in May 2016, down 38 percent from a USD 84 billion deficit in the same month a year earlier, as outlays fell 7 percent to USD 277 billion while receipts rose 6 percent to USD 225 billion. The current fiscal year-to-date deficit was USD 407 billion, up 11 percent from a USD 367 billion deficit at this time last year.2016-06-10T19:11:02"
US Consumer Sentiment Beats Expectations,Consumer Confidence,"US Consumer Sentiment Beats ExpectationsUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States came in at 94.3 in June 2016, down from 94.7 in the previous month, but beating market expectations of 94. Consumers were less optimistic due to increased concerns about future economic prospects, while assessments of current economic conditions improved to its highest level since July 2005, preliminary estimates showed. 2016-06-10T15:04:05"
"Wall Street Opens Lower Ahead of Fed, Brexit Vote",Stock Market,"Wall Street Opens Lower Ahead of Fed, Brexit VoteUnited States Stock MarketStocks in the US opened in the red on Friday, amid further declines in oil prices, as investors remained cautious ahead of Fed's next meeting and U.K.’s Brexit vote due later this month. The Dow Jones lost 0.6% or 105 points, the S&P 500 fell 0.7% or 14 points and the Nasdaq slid 0.9% or 43 points around 5 minutes after the opening bell.2016-06-10T14:38:34"
Wall Street Opens Lower After 3-Day Rally,Stock Market,"Wall Street Opens Lower After 3-Day RallyUnited States Stock MarketStocks in the US opened in the red on Thursday, following three days of gains, led by losses in financials sector and amid a retreat in oil prices. The Dow Jones lost 0.2% or 38 points, the S&P 500 fell 0.3% or 7 points and the Nasdaq slid 0.25 percent or 12 points around 30 minutes after the opening bell.2016-06-09T15:18:36.02"
US Wholesale Stocks Gain the Most in 10 Months,Wholesale Inventories,"US Wholesale Stocks Gain the Most in 10 MonthsUnited States Wholesale InventoriesWholesale stocks in the United States rose 0.6 percent to USD 587.9 billion in April from March of 2016, compared to an upwardly revised 0.2 percent gain in the previous period and beating market expectations of a 0.1 percent rise. Inventories of durable goods were up 0.2 percent; lumber and other construction materials increased 1.3 percent; nondurable goods rose 1.3 percent; farm product raw materials were up 7.5 percent and inventories of drugs and druggists' sundries were grew 2.2 percent. Wholesale stocks excluding autos, the one that goes into GDP calculation, increased 0.8 percent.2016-06-09T15:12:16"
US Initial Jobless Claims at 6-Week Low,Initial Jobless Claims,"US Initial Jobless Claims at 6-Week LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased for the fourth straight time to 264,000 in the week ended June 4th 2016 from an upwardly revised 268,000 in the previous period. It is the lowest figure in six weeks and below market expectations of 270,000, marking the 66th consecutive week of initial claims below 300,000, the longest streak since 1973.2016-06-09T13:37:20"
Us Crude Oil Inventories Fall for 3rd Week,Crude Oil Stocks Change,"Us Crude Oil Inventories Fall for 3rd WeekUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States declined by 3.226 million barrels in the week ended June 3rd, 2016, following a 1.366 million fall in the previous week and compared to market expectations of a 2.7 million drop. Meanwhile, gasoline stocks rose by 1.01 million barrels after falling by 1.492 million barrels in the previous week.2016-06-08T15:38:24.387"
US Job Openings Increase 2.1% in April,Job Offers,"US Job Openings Increase 2.1% in AprilUnited States Job OffersJob openings in the United States increased by 118 thousand to 5.78 million in April of 2016 compared to a downwardly revised 5.67 million in the previous month and beating market expectations of 5.67 million. The number of positions waiting to be filled increased in wholesale trade (+65,000), transportation, warehousing, and utilities (+58,000), durable goods manufacturing (+46,000), and real estate and rental and leasing (+41,000) but fell in professional and business services (-274,000). There were 114 thousand more job openings in the private sector while government added 4 thousand. 2016-06-08T15:13:27"
US Stocks Open Higher On Oil,Stock Market,"US Stocks Open Higher On OilUnited States Stock MarketWall Street opened in the green led by gains in energy sector as oil prices extended the rally. The Dow Jones added 0.3% or 55 points to near the 18K benchmark, the S&P 500 rose 0.26% or 6 points and the Nasdaq gained 0.23% or 11 points around 15 minutes after the opening bell.2016-06-08T14:57:52"
US Mortgage Applications Up 9.3%,Mortgage Applications,"US Mortgage Applications Up 9.3%United States Mortgage ApplicationsMortgage applications in the United States went up 9.3 percent in the week ended June 3rd 2016 from the prior period, following a 4.1 percent drop in the previous week, data from the Mortgage Bankers Association showed. Fixed 30-year mortgage rates declined 2bps to 3.83 percent. Refinance applications increased 7.4 percent and applications to purchase a home jumped 11.7 percent.2016-06-08T12:03:53.353"
US Consumer Credit Rises Less Than Expected,Consumer Credit,"US Consumer Credit Rises Less Than ExpectedUnited States Consumer CreditConsumer credit in the United States increased by $13.42 billion in April 2016 following a downwardly revised $28.38 billion rise in March, way below market expectations of a $18 billion gain. Non-revolving credit rose by $11.77 billion, after increasing by $17.94 billion in the previous month and revolving credit went up by only $1.65 billion, compared with a $10.44 billion rise in March.2016-06-07T20:05:21"
Wall Street Opens Mostly Higher On Oil,Stock Market,"Wall Street Opens Mostly Higher On OilUnited States Stock MarketStocks in the US opened mostly in the green on Tuesday led by gains in energy shares as oil prices extended gains offsetting losses in health sector. The Dow Jones added 0.3% or 56 points, the S&P 500 gained 0.2% or 4 points and the Nasdaq traded near the flatline at 4970 points around 30 minutes after the opening bell.2016-06-07T15:06:35.357"
US Nonfarm Productivity Falls Less than Expected,Productivity,"US Nonfarm Productivity Falls Less than ExpectedUnited States ProductivityLabor productivity in the nonfarm business sector in the United States decreased at a seasonally adjusted annual rate of 0.6 percent quarter-on-quarter in the first three months of 2016, lower than preliminary estimates of a 1 percent drop and a 1.7 percent decline in the previous period, final figures showed. Output increased 0.9 percent, higher than earlier estimates of 0.4 percent and hours worked went up 1.5 percent, in line with preliminary figures. Year-on-year, productivity increased 0.7 percent.2016-06-07T13:44:17"
US Unit Labor Costs Up 4.5% in Q1,Labour Costs,"US Unit Labor Costs Up 4.5% in Q1United States Labour CostsUnit labor costs in the nonfarm business sector in the United States increased 4.5 percent in the first quarter of 2016, higher than a 4.1 percent gain earlier estimated but lower than an upwardly revised 5.4 percent growth in the previous period. Hourly compensation increased 3.9 percent while productivity fell 0.6 percent, final figures showed. Unit labor costs increased 3.0 percent over the last four quarters.2016-06-07T13:38:06"
Yellen Shows Confidence on US Economy,Interest Rate,"Yellen Shows Confidence on US EconomyUnited States Interest RateThe economic expansion in the US is expected to continue, with the labor market improving further, GDP growing moderately and inflation moving up to 2 percent over the next couple of years, despite disappointing Friday's labor market report, Fed Chair Yellen said in a speech at The World Affairs Council of Philadelphia. The current monetary policy stance is generally appropriate, in that it is providing support to the economy although the federal funds rate will probably need to rise gradually over time, Fed Chair added. 2016-06-06T17:58:44"
Wall Street Opens Higher Ahead of Yellen,Stock Market,"Wall Street Opens Higher Ahead of YellenUnited States Stock MarketStocks in the US opened in the green on Monday as investors await Fed's Yellen speech later in the day for further hints on a possible rate hike this month after a disappointing jobs report on Friday raised concerns over growth. The Dow Jones added 0.45% or 81 points, the S&P 500 increased 0.34% or 7 points and the Nasdaq rose 0.3% or 14 points, around 20 minutes after the opening bell.2016-06-06T15:04:23.177"
USD Falls after Payrolls Disappoint,Currency,"USD Falls after Payrolls DisappointUnited States CurrencyThe dollar index lost 1.5% on Friday, the biggest one-day decline in six months after data showed nonfarm payrolls increased a meager 38 thousand in May, the lowest since 2010. The greenback lost around 1.6% against the Euro, 0.7% against the British pound, 1.5% against the Aussie and 1.8% against the yen around 11:40 AM NY time.2016-06-03T16:45:47"
US Factory Orders Rise The Most in 6 Months,Factory Orders,"US Factory Orders Rise The Most in 6 MonthsUnited States Factory OrdersNew orders for manufactured goods in the United States increased 1.9 percent month-on-month in April of 2016, compared with an upwardly revised 1.7 percent gain in the previous month, in line with market expectations. It was the biggest increase since October last year, boosted by demand for transportation equipment (+8.7 percent). Meanwhile, orders for non-defense capital goods excluding aircraft, which is considered a measure of business confidence and spending plans fell 0.6 percent compared with a 0.8 percent drop in March.2016-06-03T15:15:20.14"
US Services Sector Growth Lowest Since 2014: ISM,Non Manufacturing PMI,"US Services Sector Growth Lowest Since 2014: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index decreased 2.8 percentage points to 52.9 percent in May of 2016, below market expectations of 55.5. It is the lowest reading since February 2014 as business activity and new orders growth slowed and employment fell after rising in the previous two months.2016-06-03T15:14:47"
US Markit Services PMI Revised Slightly Up,Services PMI,"US Markit Services PMI Revised Slightly UpUnited States Services PMIThe final Markit US Services PMI came in at 51.3 in May of 2016, slightly up from a preliminary reading of 51.2 but lower than 52.8 in the previous month. Activity and new business growth slowed, backlogs of work were lower and payrolls recorded the weakest rise since January last year. In addition, business optimism eased to a post-crisis low.2016-06-03T14:59:21.957"
Wall Street Opens Lower After Disappointing NFP,Stock Market,"Wall Street Opens Lower After Disappointing NFPUnited States Stock MarketStocks in the US opened lower on Friday after jobs report showed the US economy added a meager 38,000 jobs in May, the lowest since 2010 and well below market expectations, raising concerns over growth and increasing uncertainties about a Fed rate hike this month. The Dow Jones lost 0.56% or 100 points, the S&P 500 fell 0.53% or 11 points and the Nasdaq went down 0.6% or 29 points around 15 minutes after the opening bell.2016-06-03T14:54:03.317"
US Imports Rise 2.1% in April,Imports,"US Imports Rise 2.1% in April United States ImportsTotal imports to the United States increased 2.1 percent to $220.2 billion in April from March of 2016. Imports of goods rose $4.3 billion to $178.9 billion, due to higher purchases of capital goods (+$2.5 billion); civilian aircraft (+$0.8 billion); computers (+$0.5 billion); electric apparatus (+$0.3 billion); industrial supplies and materials (+$1.1 billion); other petroleum products (+$0.3 billion) and crude oil (+$0.2 billion). Imports of services also went up by $0.3 billion to $41.4 billion, as transport increased $0.2 billion.2016-06-03T14:29:28"
US Exports at 4-Month High in April,Exports,"US Exports at 4-Month High in April United States ExportsTotal exports from the United States rose 1.5 percent $182.7 billion in April of 2016 from the previous month. It is the highest figure since December 2015, as sales of goods grew $2.8 billion to $120.1 billion, mainly driven by industrial supplies and materials (+$1.8 billion); fuel oil (+$0.3 billion); other petroleum products (+$0.2 billion); organic chemicals (+$0.2 billion); automotive vehicles (+$0.8 billion); other parts and accessories (+$0.4 billion). In contrast, exports of services decreased $0.3 billion to $62.7 billion, dragged down by lower travel sales (-$0.2 billion). 2016-06-03T14:16:22"
US Economy Adds The Least Jobs in More than 5 Years,Non Farm Payrolls,"US Economy Adds The Least Jobs in More than 5 YearsUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 38,000 in May of 2016, lower than a downwardly revised 123,000 in the previous month and well below market expectations of 164,000. Job growth occurred in health care while mining continued to lose jobs, and a strike in Verizon led to job losses in information.2016-06-03T13:51:45.843"
US Trade Deficit Widens in April,Balance of Trade,"US Trade Deficit Widens in AprilUnited States Balance of TradeThe US trade gap widened to USD 37.4 billion in April of 2016 from a downwardly revised USD 35.5 billion deficit in the previous month while below market expectations of USD 41.3 billion. Exports increased 1.5 percent to the largest since December 2015, mainly driven by industrial supplies and materials sales. Imports rose at a faster 2.1 percent, due to higher purchases of capital goods.2016-06-03T13:45:44"
US Jobless Rate Lowest Since November 2007,Unemployment Rate,"US Jobless Rate Lowest Since November 2007United States Unemployment RateThe unemployment rate declined by 0.3 p.p. to 4.7 percent in May 2016 from 5 percent in April, beating market expectations of 4.9 percent. It was the lowest reading since November 2007, as the number of unemployed persons declined by 484,000 to 7.4 million and the labor force participation rate fell for the second month in a row.2016-06-03T13:34:28"
US Crude Oil Inventories Down for 2nd Week,Crude Oil Stocks Change,"US Crude Oil Inventories Down for 2nd WeekUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States declined by 1.366 million barrels in the week ended May 27th, 2016, following a 4.226 million all in the previous week and compared to market expectations of a 2.49 million drop. Meanwhile, gasoline stocks went down by 1.492 million barrels after rising by 2.043 million barrels in the previous week.2016-06-02T16:04:15.733"
NY Business Activity Falls the Most in 7 Years,Ism New York Index,"NY Business Activity Falls the Most in 7 YearsUnited States Ism New York IndexThe ISM NY Current Business Conditions Index dropped sharply to 37.2 in May 2016 from 57 in the previous month. It is the lowest reading since April of 2009 as employment (44.6 from 49.9 in April), quantity of purchases (37.5 from 48.2) and prices paid (45.7 from 48.1) decreased further while current (60 from 50) and expected (68 from 56) revenues increased. The 6-month outlook stabilized at 53.6 after falling to a 7-year low of 53.1 in April.2016-06-02T14:55:41.447"
Wall Street Opens Lower On Oil,Stock Market,"Wall Street Opens Lower On OilUnited States Stock MarketUS equities opened in the red led by losses in energy stocks due to a retreat in oil prices as OPEC meeting ended without any deal on production freeze. The Dow Jones lost 0.27% or 49 points, the S&P 500 slid 0.25% or 5 points and the Nasdaq fell 0.24% or 12 points around 10 minutes after the opening bell.2016-06-02T14:49:16.65"
US Jobless Claims At 5-Week Low,Initial Jobless Claims,"US Jobless Claims At 5-Week LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was recorded at 267,000, a decrease of 1,000 from the previous week's unrevised level of 268,000, below market expectations of 270,000. This marks 65 consecutive weeks of initial claims below 300,000, the longest streak since 1973.2016-06-02T13:33:20"
US Private Payrolls Above Expectations: ADP,ADP Employment Change,"US Private Payrolls Above Expectations: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 173 thousand workers in May of 2016 compared to an upwardly revised 166 thousand in April but slightly below market expectations of 175 thousand. The goods-producing sector lost 1 thousand jobs while the service-providing sector added 175 thousand: both construction and financial activities added 13 thousand jobs each; trade/transportation/utilities added 28 thousand and professional/business activities added 43 thousand while manufacturing shed 3 thousand. Small companies were the ones hiring more (76 thousand), followed by midsized (63 thousand) and large (34 thousand). 2016-06-02T13:23:28"
US Planned Layoffs at 5-Month Low,Challenger Job Cuts,"US Planned Layoffs at 5-Month LowUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States fell 53 percent month over month to 30,157 in May of 2016, the lowest figure since December last year. Most of the cuts occurred again in the energy sector (7,572) although lower than 18,759 in the previous month. Job cuts plunged 83 percent to 2,836 in computer industry; declined 68 percent to 901 in the financial sector and were 75 percent lower at 1,287 among retailers. Year-on-year, layoffs fell 27 percent. Considering the first five months the year, 275,218 planned job cuts were announced, up 13 percent from the same period a year ago. 
2016-06-02T12:40:35"
US Construction Spending Drops the Most in 5 Years,Construction Spending,"US Construction Spending Drops the Most in 5 YearsUnited States Construction SpendingConstruction spending in the United States decreased by 1.8 percent month-on-month in April of 2016 compared with an upwardly revised 1.5 percent gain in the previous month, missing market estimates of 0.6 percent rise. It was the largest drop since January 2011, as private construction spending fell 1.5 percent and public construction spending dropped 2.8 percent. Compared with the same month a year earlier, construction spending rose 4.5 percent.2016-06-01T15:23:27"
US ISM Manufacturing PMI Beats Expectations,Business Confidence,"US ISM Manufacturing PMI Beats ExpectationsUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI came in at 51.3 in May of 2016, up from 50.8 in April and much better than market expectations of 50.4. The gauge of supplier deliveries jumped to 54.1, the highest level since December 2014 while new orders and production growth eased slightly and employment and inventories fell.2016-06-01T15:15:27"
US Markit Manufacturing PMI Revised Slightly Up,Manufacturing PMI,"US Markit Manufacturing PMI Revised Slightly UpUnited States Manufacturing PMIThe final Markit US Manufacturing PMI came in at 50.7 in May of 2016, slightly up from 50.5 in the preliminary estimate but down from 50.8 in the previous month. It is the lowest figure since September of 2009 as output fell for the first time in more than 6-1/2-years, new work expanded at the slowest pace since December last year while job growth picked up and input cost inflation accelerated to a nine-month high.2016-06-01T14:58:13"
US Stocks Open Lower Ahead of PMI Data,Stock Market,"US Stocks Open Lower Ahead of PMI DataUnited States Stock MarketEquities in the US opened in the red on Wednesday led by losses in materials and financial sectors as concerns over global growth increased after mixed PMI data for China, Japan and Europe came in while investors remained cautious ahead of the ISM Manufacturing PMI release. The Dow Jones lost 0.65% or 116 points, the S&P 500 fell 0.5% or 11 points and the Nasdaq decreased 0.43% or 22 points around 20 minutes after the opening bell.2016-06-01T14:58:01.853"
US Mortgage Applications Fall 4.1%,Mortgage Applications,"US Mortgage Applications Fall 4.1%United States Mortgage ApplicationsMortgage applications in the United States declined 4.1 percent in the week ended May 27th 2016 from the prior period, following a 2.3 percent rise in the previous week, data from the Mortgage Bankers Association showed. Fixed 30-year mortgage rates were steady at 3.85 percent. Refinance applications slumped 3.9 percent and applications to purchase a home declined 4.7 percent.2016-06-01T12:03:56"
Dallas Fed Business Activity at 3-Month Low,Dallas Fed Manufacturing Index,"Dallas Fed Business Activity at 3-Month LowUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' Texas monthly manufacturing index decreased to -20.8 in May 2016 from -16.1 in April. Perceptions of broader business conditions were more pessimistic with the general business activity index falling to -20.8 from -13.9 and the company outlook down by 10 points to -16.1. Meanwhile, the employment index fell 3 points to -6.7 and the hours worked index posted a double-digit decline to -11.8. Price pressures were mixed, and wages continued to rise. In addition, the index of future general business activity fell 2 points to -1.8.2016-05-31T15:53:10.397"
Wall Street Opens Slightly Higher On Data,Stock Market,"Wall Street Opens Slightly Higher On DataUnited States Stock MarketStocks in the US opened slightly in the green on Tuesday after data showed personal spending grew the most in nearly 7 years and led by gains in energy and financial shares. The Dow Jones added 0.1% or 12 points, the S&P 500 gained 0.1% or 1 point and the Nasdaq rose 0.2% or 9 points around 15 minutes after the opening bell.2016-05-31T15:04:38.677"
Chicago PMI Down to 3-Month Low,Chicago Pmi,"Chicago PMI Down to 3-Month LowUnited States Chicago PmiThe Chicago PMI in the United States fell 1.1 to 49.3 in May of 2016, the lowest in three months and compared to market expectations of 50.9. It is the sixth time it has been in contraction over the past 12 months, led by falls in production, new orders and inventories.2016-05-31T14:56:48.577"
US Case-Shiller House Prices Rise More than Expected,Case Shiller Home Price Index YoY,"US Case-Shiller House Prices Rise More than ExpectedUnited States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5.4 percent year-on-year in March of 2016, the same as in February and higher than marlet expectations of a 5.2 percent increase. Prices in Denver, Seattle, Portland and Oregon showed the highest annual gains. On a monthly basis, the S&P/Case-Shiller's 20-City Home Price Index increased 0.9 percent, higher than a 0.2 percent rise in the previous period.
2016-05-31T14:29:22.777"
US PCE Prices Up 0.3% in April,PCE Price Index Monthly Change,"US PCE Prices Up 0.3% in AprilUnited States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States increased by 0.3 percent on the month in April of 2016, following a 0.1 percent increase in March, mainly due to a recovery in cost of food (+0.5 percent from -0.2 percent) and higher prices for energy goods and services (+3.8 percent from +1.1 percent). Compared to the same month a year earlier, the PCE price index rose 1.1 percent, following a 0.8 percent growth in March. Excluding food and energy, prices gained 0.2 percent month-over-month (from +0.1 percent). Year-on-year the core PCE price index increased 1.6 percent, the same as in the previous month.2016-05-31T14:25:11.2"
US Personal Income Growth Matches Expectations,Personal Income,"US Personal Income Growth Matches ExpectationsUnited States Personal IncomePersonal income in the United States increased 0.40 percent in April of 2016 over the previous month, the same pace as in March and in line with market forecasts. Wages and salaries rose 0.5 percent, proprietors' income rebounded to 0.6 percent growth, rental income went up 0.4 percent and personal current transfer receipts grew 0.5 percent. 2016-05-31T13:49:12.777"
US Personal Spending Growth at Nearly 7-Year High,Personal Spending,"US Personal Spending Growth at Nearly 7-Year HighUnited States Personal SpendingConsumer spending in the United States rose 1 percent in April from March of 2016, after posting no growth in the previous period and much better than market expectations of a 0.7 percent gain. It is the highest growth since August of 2009 as consumption of nondurable goods rebounded. Meanwhile, personal income increased 0.4 percent, suggesting a robust and accelerating economic recovery.2016-05-31T13:38:45"
Fed Rate Hike Appropriate in Coming Months,Interest Rate,"Fed Rate Hike Appropriate in Coming MonthsUnited States Interest RateIt is appropriate for the Fed to gradually and cautiously increase interest rates and a rate hike probably would be appropriate in coming months if the economy continues to improve, Fed Chair Janet Yellen said in an event at Harvard University. Fed Chair comments came in line with hawkish FOMC minutes and earlier remarks from other Fed officials, raising expectations the central bank will raise rates as soon as in June. 2016-05-27T19:06:15.427"
Wall Street Opens Slightly Higher Ahead of Yellen,Stock Market,"Wall Street Opens Slightly Higher Ahead of YellenUnited States Stock MarketEquities in the US opened slightly in the green on Friday led by gains in financials and consumer discretionary sectors while energy stocks led losses amid a retreat in oil prices. Investors remain cautious ahead of Fed Chair Janet Yellen speech later in the day where further clues regarding a June rate hike are expected and after the second estimate of Q1 GDP was revised upwards to 0.8%. The Dow Jones added  0.17% or 29 points, the S&P gained 0.21% or 5 points and the Nasdaq rose 0.38% or 19 points around 60 minutes after the opening bell.2016-05-27T15:39:39.5"
US Consumer Sentiment Revised Down in May,Consumer Confidence,"US Consumer Sentiment Revised Down in MayUnited States Consumer ConfidenceThe final University of Michigan's consumer sentiment for the United States came in at 94.7 in May of 2016, down from 95.8 in the preliminary release but higher than 89 in the previous month. Future expectations decreased while the current conditions index rose to its highest since January 2007.2016-05-27T15:12:11.483"
US Corporate Profits Rise 0.6% in Q1,Corporate Profits,"US Corporate Profits Rise 0.6% in Q1United States Corporate ProfitsCorporate profits in the United States increased slightly by 0.6 percent or $8.1 billion to $1388.5 billion in the first three months of 2016, recovering from a sharp fall of 8.4 percent or $127.4 billion in the previous quarter. Dividends increased 0.8 percent or $7.4 billion in the first quarter (compared to a fall of 1.7 percent or $15.1 billion in Q4) and undistributed profits went up 0.2 percent or $0.8 billion (compared to a drop of 18.6 percent or $112.2 billion in Q4). Also, net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, increased 0.6 percent or $11.8 billion, after falling by 4.8 percent or $101.6 billion in the previous period. 2016-05-27T13:49:34.267"
US GDP Growth Revised Up to 0.8% in Q1,GDP Growth Rate,"US GDP Growth Revised Up to 0.8% in Q1United States GDP Growth RateThe US economy expanded an annualized 0.8 percent on quarter in the first three months of 2016, better than a 0.5 percent increase initially estimated, according to the second estimate released by the Bureau of Economic Analysis. Consumption continued to boost growth, spending on home building increased more than expected and the drag from net trade and inventories was smaller. In contrast, business investment fell faster than anticipated.2016-05-27T13:36:57"
European Stocks Trade Mostly Lower Ahead of Yellen,Stock Market,"European Stocks Trade Mostly Lower Ahead of YellenUnited States Stock MarketEquities in Europe traded mainly in the red on Friday, mainly due to losses in auto and banking shares while oil prices retreated and investors await Fed’s Chair Yellen speech later in the day for further clues about Fed next steps. The FTSE 100 traded near the flat line at 6265 points, the DAX 30 lost 0.2% or 20 points, the CAC 40 fell 0.2% or 10 points, the IBEX 35 slid 0.3% or 27 points, and the FTSE MIB decreased 0.5% or 92 points around 10:20 AM London time.2016-05-27T10:20:02.783"
US Pending Home Sales at 10-Year High,Pending Home Sales,"US Pending Home Sales at 10-Year HighUnited States Pending Home SalesContracts to buy previously owned US homes rose 4.6 percent on the year in April of 2016 to reach their highest level since February of 2006. Compared to the previous month, sales surged 5.1 percent, following an upwardly revised 1.6 percent growth in March and beating market expectations of a 0.6 percent gain. Contracts grew in the Northeast (+1.3 percent), in the South (+6.8 percent) and the West (+11.4 percent) but were down 0.6 percent in the Midwest. 2016-05-26T15:12:25.73"
Wall Street Opens Mostly Higher,Stock Market,"Wall Street Opens Mostly HigherUnited States Stock MarketStocks in the US attempted gains for third day on Thursday as oil prices continued to rise and data showed initial jobless claims fell last week and durable goods beat expectations although capital goods orders went down for the third month in April. The Dow Jones was up 22 points or 0.12%, the Nasdaq rose 5 points or 0.12% while the S&P 500 traded near the flatline around 15 minutes after the open.2016-05-26T14:49:36"
US Jobless Claims Drop to 268K,Initial Jobless Claims,"US Jobless Claims Drop to 268KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 10,000 to 268,000 in the week ended May 21st compared to unrevised 278,000 in the previous period. Claims fell for the second time in five weeks, below market expectations of 275,000. It is the 64th consecutive week initial claims are below 300,000, the level associated with a healthy jobs market. 2016-05-26T13:40:12"
US Durable Goods Orders Rise 3.4% In April,Durable Goods Orders,"US Durable Goods Orders Rise 3.4% In AprilUnited States Durable Goods OrdersNew orders for US manufactured durable goods surged 3.4 percent in April from March of 2016, following an upwardly revised 1.9 percent rise in the previous period and much better than market expectations of a 0.5 percent increase. It is the biggest gain since January, boosted by demand for transportation equipment. Excluding transportation, new orders rose 0.4 percent and without defense orders increased 3.7 percent. In contrast, capital goods orders fell 0.8 percent, down for the third straight month.2016-05-26T13:40:05"
US Crude Oil Inventories Fall More than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Fall More than ExpectedUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States fell by 4.226 million barrels in the week ended May 20th, 2016, compared to market expectations of a 2.45 million fall. It is the biggest decline since the beginning of April. Meanwhile, gasoline stocks rose by 2.043 million barrels after dropping by 2.496 million barrels in the previous week, the biggest rise in three months. 2016-05-25T15:40:24"
Wall Street Opens Higher on Oil Rally,Stock Market,"Wall Street Opens Higher on Oil RallyUnited States Stock MarketStocks in the US opened higher on Wednesday, extending Tuesday’s gains, led by the energy sector as oil prices climbed. The Dow Jones added 0.64% or 114 points, the S&P 500 rose 0.6% or 13 points and the Nasdaq increased 0.45% or 22 points around 20 minutes after the opening bell. 2016-05-25T15:00:11"
US Services Sector Growth Slows to 3-Month Low,Services PMI,"US Services Sector Growth Slows to 3-Month Low United States Services PMIThe Markit Flash US Services PMI came in at 51.2 in May of 2016, down from 52.8 in the previous month and compared to market expectations of 53.1. It is the lowest reading in three months as incoming new work slowed, staff hiring was the lowest since December 2014 and backlogs of work fell the most in over two years. Input and output price inflation increased. In addition, business optimism dropped to its lowest on record.2016-05-25T14:55:42.34"
US House Prices Post Biggest Rise in 6 Months,FHFA House Price Index MoM,"US House Prices Post Biggest Rise in 6 MonthsUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased by 0.7 percent on the month in March of 2016, higher than an upwardly revised 0.5 percent rise in the previous month. It is the biggest gain since September last year. Year-on-year, the FHFA house price index went up at a faster 6.1 percent compared with a 5.6 percent growth in the previous month.2016-05-25T14:09:23"
US Mortgage Applications Up 2.3%,Mortgage Applications,"US Mortgage Applications Up 2.3%United States Mortgage ApplicationsMortgage applications in the United States rose 2.3 percent in the week ended May 20th 2016 from the prior period, recovering from a 1.6 percent drop in the previous week, data from the Mortgage Bankers Association showed. Fixed 30-year mortgage rates went up 3bps to 3.85 percent. Refinance applications went up 0.4 percent and applications to purchase a home grew 4.8 percent.2016-05-25T12:06:40.947"
Richmond Fed Manufacturing Index Drops in May,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index Drops in MayUnited States Richmond Fed Manufacturing Index The Manufacturing Activity Index in the US fifth district, including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia declined to -1 in May 2016 from 14 in the previous month, way below market expectations of 9. Shipments (-8 from 14 in April), backlog of orders (-13 from 11) and capacity utilization (-6 from 18) fell sharply. Meanwhile, volume of new orders showed no growth (0 from 18) and manufacturing hiring (4 from 8) and the average workweek (6 from 9) continued to grow at a modest pace. Producers remained optimistic about future business conditions, although overall expectations remained suppressed, as they looked for moderate growth in shipments and new orders.2016-05-24T15:15:57"
US New Home Sales Up to 8-Year High,New Home Sales,"US New Home Sales Up to 8-Year HighUnited States New Home SalesNew US single-family home sales jumped 16.6 percent to a seasonally adjusted annual rate of 619,000 in April of 2016, much higher than an upwardly revised 531,000 in the previous month and compared to market expectations of 523,000. It is the highest reading since January of 2008 and the biggest gain since 1992.2016-05-24T15:07:23"
US Stocks Rebound on Tuesday,Stock Market,"US Stocks Rebound on TuesdayUnited States Stock MarketEquities in the US opened higher on Tuesday led by gains in financial and tech sectors and amid a recovery in oil prices. The Dow Jones added 0.9% or 160 points, the S&P 500 went up 0.85% or 17 points and the Nasdaq rose 0.92% or 44 points around 15 minutes after the opening bell.2016-05-24T14:56:35.86"
Wall Street Opens Mixed,Stock Market,"Wall Street Opens MixedUnited States Stock MarketStocks in the US opened mixed on Monday with materials and tech sectors leading gains while energy stocks were falling amid a new drop in oil prices. The Dow Jones traded near the flat line, the S&P 500 lost 0.1% or 2 points and the Nasdaq added 0.2% or 10 points around 25 minutes after the opening bell.2016-05-23T15:06:35.063"
US Factory Activity Slows Further to Fresh 2009-Low,Manufacturing PMI,"US Factory Activity Slows Further to Fresh 2009-LowUnited States Manufacturing PMIThe Markit Flash US Manufacturing PMI came in at 50.5 in May of 2016, lower than 50.8 in April and below market expectations of 51. Production declined for the first time since September of 2009 and new orders expanded at the slowest pace so far this year.2016-05-23T14:54:36"
US Existing Home Sales Rise for 2nd Month,Existing Home Sales,"US Existing Home Sales Rise for 2nd MonthUnited States Existing Home SalesSales of previously owned houses in the United States increased 1.7 percent to a seasonally adjusted annual rate of 5450 thousand in April of 2016, following an upwardly revised 5.7 percent gain in March and higher than market expectations of a 1.3 percent rise. Sales of single family went up 0.6 percent and those of condos climbed 10.3 percent. The average price rose 4 percent and the months’ worth of supply went up to 4.7 from 4.4. Sales were up 6 percent from a year ago.2016-05-20T15:04:40"
Wall Street Opens Higher,Stock Market,"Wall Street Opens HigherUnited States Stock MarketUS stocks opened in the green on Friday boosted by tech and financials sectors and recovering from losses on Thursday as investors' concerns over a Fed rate hike in June eased. The Dow Jones added 0.6% or 106 points, the S&P 500 rose 0.64% or 13 points and the Nasdaq went up 0.96% or 45 points around 25 minutes after the opening bell.2016-05-20T15:02:17.84"
US Stocks Open Lower,Stock Market,"US Stocks Open LowerUnited States Stock MarketEquities in the US traded lower on Thursday as investors remained cautious amid mixed economic data, a strong dollar and falling oil prices after minutes from Federal Reserve meeting showed policymakers still consider a rate hike in June, sooner than expected. In contrast, better-than-expected earnings reports from Wall Mart and Cisco helped to offset further declines. The Dow Jones lost 0.53% or 93 points, the S&P 500 fell 0.51% or 10 points, and the Nasdaq slid 0.48% or 23 points around 25 minutes after the opening bell.2016-05-19T15:11:41.397"
Philadelphia Fed Manufacturing Index Below Estimates,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Below Estimates United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index came in at -1.8 in May of 2016 from -1.6 in April, well below market expectations of 3.5. The index has registered a negative reading in eight of the last nine months, as new orders (-1.9 from 0.0) declined and shipments (-0.5 from -10.8), inventories (-2.5 from -20.5), employment (-3.3 from -18.5) remained in negative territory. Meanwhile, prices received for manufactured goods (14.8 from 7.4) and prices paid (15.7 from 13.2) went up.2016-05-19T13:46:28"
Chicago Fed National Activity Index Picks Up in April,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Picks Up in AprilUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index in the US rose to 0.1 in April of 2016 from -0.55 in March. The production-related indicators rose to 0.19 in April from -0.39 in the previous month while the sales, orders, and inventories category made a neutral contribution. Also, the employment-related indicators ticked up to -0.02 from -0.04 in March and the personal consumption and housing category edged up to -0.07 from -0.11 in the previous month. Meanwhile, the index’s three-month moving average decreased to -0.22 in April from -0.18 in March, suggesting that growth in national economic activity was somewhat below its historical trend. 2016-05-19T13:44:24"
US Jobless Claims Fall to 278K,Initial Jobless Claims,"US Jobless Claims Fall to 278KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 16,000 to 278,000 in the week ended May 14th compared to a 15-month high of 294,000 in the previous period. Claims fell for the first time in four weeks, slightly higher than market expectations of 275,000. It is the 63rd consecutive week initial claims are below 300,000, the level associated with a healthy jobs market. 2016-05-19T13:35:51"
European Stocks Fall after Fed Minutes,Stock Market,"European Stocks Fall after Fed MinutesUnited States Stock MarketEquities in Europe traded lower on Thursday, mainly dragged down by the energy and mining sector due to lower commodities prices following a surge in the dollar after minutes from last Federal Reserve meeting showed open possibilities of a rate hike in June, sooner than markets were anticipating. The FTSE 100 lost 1.5% or 93 points, the DAX 30 slid 1.65% or 164 points, the CAC 40 went down 1.1% or 46 points, the IBEX 35 decreased 0.53% or 47 points and the FTSE MIB fell 0.93% or 164 points around 09:55 AM London time.2016-05-19T10:21:33"
Fed Keeps Open Possibility of June Rate Hike,Interest Rate,"Fed Keeps Open Possibility of June Rate HikeUnited States Interest RateThe Federal Reserve opened up the option of raising short-term interest rates at their next meeting based on how the incoming data and developments shaped their outlook for the labor market and inflation, minutes from April FOMC meeting showed. Policymakers agreed that the risks associated with global developments had diminished and that labor market conditions had improved further even as growth in economic activity had appeared to slow.2016-05-18T19:39:56.027"
US Crude Oil Inventories Unexpectedly Rise,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly RiseUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States unexpectedly increased by 1.310 million barrels in the week ended May 13th, 2016, compared to market expectations of a 2.833 fall. Meanwhile, gasoline stocks declined by 2.496 million barrels after dropping by 1.231 million barrels in the previous week.2016-05-18T15:35:00"
Wall Street Opens Lower Ahead of Fed Minutes,Stock Market,"Wall Street Opens Lower Ahead of Fed MinutesUnited States Stock MarketStocks in the US opened mostly in the red on Wednesday ahead of latest Fed meeting minutes release today as investors await for clues about further interest rate hikes. The Dow Jones lost 0.25% or 44 points, the S&P 500 fell 0.16% or 4 points and the Nasdaq added 0.13% or 5 points around 20 minutes after the opening bell.2016-05-18T15:09:06"
US Mortgage Applications Fall 1.6%,Mortgage Applications,"US Mortgage Applications Fall 1.6%United States Mortgage ApplicationsMortgage applications in the United States fell 1.6 percent in the week ended May 13th 2016 from the prior period, after rising 0.4 percent in the previous week, data from the Mortgage Bankers Association showed. Fixed 30-year mortgage rates remained at 3.82 percent. Refinance applications went up 1.4 percent while applications to purchase a home fell 5.8 percent.2016-05-18T12:05:02"
US Stocks Open Lower,Stock Market,"US Stocks Open LowerUnited States Stock MarketEquities in the US opened in the red on Tuesday after the rally in oil prices eased and data for inflation showed consumer prices rose the most in three years and housing starts came better than expected, leaving investors cautious regarding Fed's next move. The Dow Jones lost 0.47% or 82 points, the S&P 500 slid 0.28% or 6 points and the Nasdaq fell by 0.17% or 8 points around 30 minutes after the opening bell.2016-05-17T15:21:27.73"
US Industrial Output Growth at 17-Month High,Industrial Production Mom,"US Industrial Output Growth at 17-Month HighUnited States Industrial Production MomIndustrial production in the United States went up 0.7 percent in April from March, rebounding from falls in the previous two months and beating market expectations of a 0.3 percent gain. It is the highest growth rate since November of 2014, led by gains in machinery and car manufacturing and utilities.2016-05-17T14:32:22.223"
US Building Permits Rise Below Estimates,Building Permits,"US Building Permits Rise Below Estimates United States Building PermitsBuilding permits in the United States increased 3.6 percent to a seasonally adjusted annualized rate of 1116 thousand in April of 2016 from revised 1077 thousand in the previous month while below market expectations of 1130 thousand. Single-family authorizations went up 1.5 percent to 736 thousand and buildings with five units jumped 9.4 percent to 348 thousand. Year-on-year, building permits fell 5.3 percent. 
2016-05-17T13:41:35"
US Housing Starts Rise More Than Expected in April,Housing Starts,"US Housing Starts Rise More Than Expected in AprilUnited States Housing StartsHousing starts in the Unites States rose 6.6 percent to a seasonally adjusted annual rate of 1172 thousand in April 2016, compared to an upwardly revised 1099 thousand in the previous month. The figure came in above market expectations of 1127 thousand, boosted by single-family housing starts. Meanwhile, building permits went up 3.6 percent, following a 7.3 percent drop in March, but lower than an expected 4.3 percent gain. 2016-05-17T13:38:46.357"
US Inflation Rate Rises to 1.1%,Inflation Rate,"US Inflation Rate Rises to 1.1%United States Inflation RateConsumer prices in the United States went up 1.1 percent year-on-year in April of 2016, higher than a 0.9 percent rise in the previous month and in line with market expectations. The monthly index rose 0.4 percent, the biggest in three years, led by gains in gasoline prices and rents. 2016-05-17T13:36:44"
Foreigners Sell $98.3 Billion of US Assets in March,Capital Flows,"Foreigners Sell $98.3 Billion of US Assets in MarchUnited States Capital FlowsOverseas investors sold $98.3 billion of US assets, including short-dated instruments, in March of 2016, after buying a downwardly revised $31.7 billion in February. Foreigners bought $78.1 billion of long-term US securities, including government and corporate, after buying an upwardly revised $72.6 billion in the previous month. Foreign investors also bought $23.6 billion of US Treasuries, after buying $9.9 billion in February.2016-05-16T21:10:48.373"
US Home Builder Confidence Below Expectations,Nahb Housing Market Index,"US Home Builder Confidence Below ExpectationsUnited States Nahb Housing Market IndexThe NAHB Housing Market Index in the United States came in at 58 for the fourth consecutive month in May of 2016, showing the single-family housing sector remains in positive territory. The sales  expectations subindex rose 3 points to 65 while the index gauging buyer traffic remained at 44 and the component charting current sales conditions was steady at 63. Home builders are confident that the market will continue to strengthen, although face an increasing number of regulations and lot supply constraints.2016-05-16T15:17:26.863"
Wall Street Opens Higher on Oil,Stock Market,"Wall Street Opens Higher on OilUnited States Stock MarketStocks in the US opened in the green on Monday boosted by the energy sector amid a rally in oil prices although data for the NY Empire State Manufacturing Index showed factory activity in New York came back to contraction in May. The Dow Jones added 0.4% or 75 points, the S&P 500 gained 0.4% or 8 points and the Nasdaq rose 0.5% or 22 points around 17 minutes after the opening bell.2016-05-16T14:59:11.063"
NY Empire State Manufacturing Index Falls Sharply,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index Falls SharplyUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index came in at -9.02 in May of 2016, compared to 9.56 in the previous month and market expectations of 6.5. New orders (-5.54 from 11.14) and shipments (-1.94 from 10.17) fell back into contraction, the average workweek decreased (-8.33 from 1.92), inflation for prices paid eased (16.67 from 19.23) and prices received fell (-3.13 from 2.88). In contrast, employment levels (2.08 from 1.92) increased slightly. The six-month outlook was less optimistic than in April (28.48 from 29.4).2016-05-16T13:42:22"
US Business Inventories Growth at 9-Month High,Business Inventories,"US Business Inventories Growth at 9-Month HighUnited States Business InventoriesManufacturers’ and trade inventories in the United States increased 0.4 percent month-on-month in March of 2016, following 0.1 percent drop in the previous month and above market expectations of 0.2 percent rise. It was the biggest growth since June of 2015 as auto inventories increased by 2.3 percent, the fastest  pace since 2013. Retail inventories excluding autos, which go into the calculation of GDP, rose by 0.4 percent, higher than 0.2 percent in February. Year-on-year, inventories were up 1.5 percent.2016-05-13T15:19:20"
US Consumer Sentiment Jumps to 11-Month High,Consumer Confidence,"US Consumer Sentiment Jumps to 11-Month HighUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States came in at 95.8 in May of 2016, up from 89 in the previous month and above market expectations. It is the highest reading since June last year, as both future expectations and current conditions improved, preliminary estimates showed, suggesting a strength in consumer spending.2016-05-13T15:14:25"
Wall Street Opens Slightly Higher,Stock Market,"Wall Street Opens Slightly HigherUnited States Stock MarketStocks in the US traded mainly in the green at the opening on Friday, mostly driven by the tech sector after data showed retail sales recorded its biggest jump in 1 year. The Dow Jones traded near the flat line at 17727 points, the S&P 500 added 0.1% or 3 points and the Nasdaq rose 0.3% or 15 points around 15 minutes after the opening bell.2016-05-13T15:05:01.207"
US Producer Prices Rise Less Than Expected in April,Producer Price Inflation MoM,"US Producer Prices Rise Less Than Expected in AprilUnited States Producer Price Inflation MoMProducer prices for final demand in the United States rose 0.2 percent on the month in April 2016, following a 0.1 percent drop in the previous month, but staying below market expectations of 0.3 percent gain. Prices for final demand services edged up 0.1 percent, as prices for final demand services less trade, transportation, and warehousing climbed (+0.3 percent); and prices for final demand goods advanced 0.2 percent, led by higher prices for energy (+0.2 percent) while those for food fell (-0.3 percent). Compared to the same month of the previous year, producer prices were flat.2016-05-13T13:40:02"
US Retail Sales Rise the Most in 13 Months,Retail Sales MoM,"US Retail Sales Rise the Most in 13 MonthsUnited States Retail Sales MoMRetail sales in the Unites States rose 1.3 percent in April from March of 2016, compared to a 0.3 percent drop in the previous month and above market forecasts. It is the highest gain since March last year, mainly driven by auto sales, in a sign that economic growth could gain momentum in the second quarter.2016-05-13T13:38:37"
Wall Street Opens Higher as Oil Rallies,Stock Market,"Wall Street Opens Higher as Oil RalliesUnited States Stock MarketStocks in the US opened in the green on Thursday mainly boosted by the energy sector amid strong gains in oil prices although data showed initial jobless claims hit a 15-month high, import prices rose less than expected and export prices increased for the first time in eleven months. The Dow Jones added 0.32% or 58 points, the S&P 500 rose 0.3% or 6 points and the Nasdaq went up 0.1% or 5 points around 20 minutes after the opening bell. 2016-05-12T15:03:33.38"
US Export Prices Rise For First Time in 11 Months,Export Prices MoM,"US Export Prices Rise For First Time in 11 Months United States Export Prices MoMExport prices in the United States increased 0.5 percent in April from March of 2016, above market expectations of a 0.1 percent rise and after recording no change in the previous month. It was the first monthly advance since May 2015, as nonagricultural exports went up 0.5 percent, led by higher prices for industrial supplies and materials and capital goods, agricultural prices increased 0.5 percent, driven by soybean prices which more than offset lower prices for fruit and meat. Year-on-year, the price index fell 5.0 percent.2016-05-12T13:45:51.513"
US Jobless Claims at 15-Month High,Initial Jobless Claims,"US Jobless Claims at 15-Month HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 20,000 to 294,000 in the week ended May 7th. Claims rose for the third straight week, reaching the highest since February last year and well above market expectations of 270,000. However, it is the 62nd consecutive week initial claims are below 300,000, the level associated with a healthy jobs market.2016-05-12T13:37:34.957"
US Import Prices Rise Less Than Expected,Import Prices MoM,"US Import Prices Rise Less Than ExpectedUnited States Import Prices MoMImport prices in the United States increased 0.3 percent on the month in April of 2016 following an upwardly revised 0.3-percent increase in March but missing market expectations of a 0.5 percent gain. Higher fuel prices (+3.3 percent) drove the advance although non fuel prices (+0.1 percent) also contributed to the overall increase. Import prices declined 5.7 percent over the past year, the smallest annual drop since the index fell 5.6 percent in December 2014.  2016-05-12T13:36:34"
US Posts $106 Billion Budget Surplus in April,Government Budget Value,"US Posts $106 Billion Budget Surplus in AprilUnited States Government Budget ValueThe United States recorded a budget surplus of USD 106 billion in April 2016, down 32 percent from a USD 157 billion surplus in the same month a year earlier, as outlays rose 5.4 percent to USD 332 billion while receipts fell 7.2 percent to USD 438 billion. 2016-05-11T19:03:30.313"
US Crude Oil Inventories Post 1st Fall in 5 Weeks,Crude Oil Stocks Change,"US Crude Oil Inventories Post 1st Fall in 5 WeeksUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States fell by 3.41 million barrels in the week ended May 6th, 2016, compared to market expectations of a rise. It is the first decline in five weeks. Meanwhile, gasoline stocks declined by 1.231 million barrels after increasing by 0.536 million barrels in the previous week.2016-05-11T15:45:48.693"
Wall Street Opens Lower on Earnings,Stock Market,"Wall Street Opens Lower on EarningsUnited States Stock MarketStocks in the US fell on Wednesday led by losses in consumer discretionary and energy sector amid worse than expected earnings reports from Disney, Macy's and Staples and a pullback in oil prices. The Dow Jones lost 0.4% or 72 points the S&P 500 slid 0.27% or 6 points and the Nasdaq fell 0.25% or 12 points around 14 minutes after the opening bell.2016-05-11T14:47:33.42"
US Mortgage Applications Post 1st Rise in 3 Weeks,Mortgage Applications,"US Mortgage Applications Post 1st Rise in 3 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States rose 0.4 percent in the week ended May 6th 2016 from the prior period, following drops in the previous two weeks, data from the Mortgage Bankers Association showed. Fixed 30-year mortgage rates went down 5 bps to 3.82 percent, reaching the lowest in four weeks. Refinance applications went up 0.5 percent and applications to purchase a home increased 0.4 percent.2016-05-11T12:06:33.467"
US Wholesale Stocks Post 1st Rise in 6 Months,Wholesale Inventories,"US Wholesale Stocks Post 1st Rise in 6 MonthsUnited States Wholesale InventoriesWholesale stocks in the United States edged up 0.1 percent to USD 583.6 billion in March from February of 2016, compared to an upwardly revised 0.6 percent fall in the previous period and in line with market expectations. It is the first increase since September last year as inventories of motor vehicle and motor vehicle parts and supplies were up 1.0 percent, nondurable goods increased 0.5 percent, petroleum and petroleum products grew 3.3 percent and those of drugs and druggists' sundries were up 2.0 percent. In contrast, inventories of durable goods were down 0.1 percent and those of metals and minerals, except petroleum fell 2.0 percent. Wholesale stocks excluding autos, the one that goes into GDP calculation, was flat. 2016-05-10T15:14:32"
US Job Openings Rise More Than Expected,Job Offers,"US Job Openings Rise More Than ExpectedUnited States Job OffersJob openings in the United States increased by 149 thousand to 5.76 million in March of 2016 compared to an upwardly revised 5.61 million in the previous month and beating market expectations of 5.41 million. The number of positions waiting to be filled increased in professional and business services (+124,000), transportation, warehousing, and utilities (+35,000), and nondurable goods manufacturing(+29,000), while it decreased in retail trade (-80,000), educational services (-36,000), and wholesale trade (-35,000). 2016-05-10T15:09:51.253"
Wall Street Opens Higher As Oil Rebounds,Stock Market,"Wall Street Opens Higher As Oil ReboundsUnited States Stock MarketStocks in the US opened in the green on Tuesday, led by gains in financials and energy shares as oil prices recovered. The Dow Jones added 0.85% or 151 points, the S&P 500 gained 0.71% or 15 points and the Nasdaq went up 0.43% or 21 points around 27 minutes after the opening bell.2016-05-10T15:06:12"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketEquities in the US opened higher on Monday led by gains in health and consumer staples although oil prices reversed earlier gains as investors remain cautious about outages in Canada and Saudi Arabia's production policy after the country unexpectedly replaced its oil minister. The Dow Jones added 0.16% or 28 points, the S&P 500 gained 0.17% or 4 points and the Nasdaq rose by 0.32% or 15 points around 22 minutes after the opening bell.2016-05-09T15:25:27"
US Consumer Credit Rises More Than Expected,Consumer Credit,"US Consumer Credit Rises More Than ExpectedUnited States Consumer CreditConsumer credit in the United States increased by $29.67 billion in March 2016 following a downwardly revised $14.14 billion rise in February and beating market expectations of a $16 billion gain. Non-revolving credit rose by $18.58 billion, after increasing $11.24 billion in the previous month and revolving credit went up by $11.10 billion, compared with a $2.91 billion rise in February.2016-05-06T20:09:55"
Wall Street Opens Lower After Disappointing Jobs Report,Stock Market,"Wall Street Opens Lower After Disappointing Jobs ReportUnited States Stock MarketUS stocks traded lower on Friday after nonfarm payroll data for April came much below forecasts, lowering expectations the Federal Reserve will raise rates soon. The Dow Jones fell 65 points or 0.37%, the S&P 500 went down 7 points or 0.33% and the Nasdaq lost 13 points or 0.27% around 8 minutes after the open. 2016-05-06T14:49:47"
US Jobless Rate Steady at 5%,Unemployment Rate,"US Jobless Rate Steady at 5%United States Unemployment RateUnemployment rate in the United States was recorded at 5 percent in April 2016, unchanged from the March rate, as more people dropped out of the labor force while the number of unemployed persons was little changed at 7.9 million. The labor force participation rate fell for the first time since September last year.2016-05-06T13:32:44"
US Economy Adds The Least Jobs in 7-Months,Non Farm Payrolls,"US Economy Adds The Least Jobs in 7-MonthsUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 160,000 in April of 2016, lower than a downwardly revised 208,000 in the previous month and much lower than market expectations of 202,000.2016-05-06T13:32:18"
Wall Street Opens Higher,Stock Market,"Wall Street Opens Higher United States Stock MarketStocks in the United States opened higher on Thursday for the first time in three days as a recovery in oil prices and better-than-expected earnings reports for Tesla, Alibaba and Regeneron Pharmaceuticals raised investors’ mood ahead of Fed officials speeches late in the day and the jobs report on Friday. The Dow Jones was up 49 points or 0.28%, the S&P 500 added 6 points or 0.29% and the Nasdaq went up 6 points or 0.14% around 10 minutes after the open.2016-05-05T14:49:28.387"
US Jobless Claims Highest in 5-Weeks,Initial Jobless Claims,"US Jobless Claims Highest in 5-WeeksUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits increased by 17,000 to 274,000 in the week ended April 30th. Figures came above market expectations of 260,000, reaching the highest in five weeks. However, it is the 61st consecutive week initial claims are below 300,000, the level associated with a healthy jobs market.2016-05-05T13:35:13"
US Planned Layoffs Jump 35% in April,Challenger Job Cuts,"US Planned Layoffs Jump 35% in AprilUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States increased 35 percent month over month to 65,141 in April of 2016. Most of the cuts occurred in the energy sector  (19,759) as lower oil prices are driving profits down and among computer firms (16,923). Year-on-year, layoffs rose 5.8 percent. Considering the first four months the year, 250,061 planned job cuts were announced, up 24 percent from the same period a year ago and the highest January-April total since 2009. 2016-05-05T12:34:20"
US Crude Oil Inventories Slightly Above Forecasts,Crude Oil Stocks Change,"US Crude Oil Inventories Slightly Above ForecastsUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States increased by 2.784 million barrels in the week ended April 29th, 2016, above market expectations of a 2.5 million rise. It is the highest increase in three weeks, following a 1.99 million rise in the previous period. Meanwhile, gasoline stocks rose by 0.536 million barrels after increasing by 1.608 million barrels in the previous week and compared to market expectations of 0.3 million fall.2016-05-04T15:36:33"
US Factory Orders Growth Beats Expectations,Factory Orders,"US Factory Orders Growth Beats ExpectationsUnited States Factory OrdersNew orders for manufactured goods in the United States increased 1.1 percent month-on-month in March of 2016, following an upwardly revised 1.9 percent drop in the previous month and above market expectations of 0.6 percent rise. Orders for durable goods went up 0.8 percent, nondurables grew 1.5 percent and transport equipment rose 2.8 percent. Orders for non-defense capital goods excluding aircraft, which is considered a measure of business confidence and spending plans edged up 0.1 percent.2016-05-04T15:15:32.637"
US Private Sector Growth Better Than Estimated,Composite Pmi,"US Private Sector Growth Better Than EstimatedUnited States Composite PmiThe final seasonally adjusted Markit US Composite PMI Output Index went up to 52.4 from 51.3 in the previous month and better than a flash estimate of 51.7. A faster upturn in service sector activity (52.8, up from 51.3 in March) offset the weakest expansion in US manufacturing production for more than five years (50.3, down from 51.2 in March).2016-05-04T15:12:33.6"
US ISM Non Manufacturing PMI at Fresh 2016 High,Non Manufacturing PMI,"US ISM Non Manufacturing PMI at Fresh 2016 HighUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index increased 1.2 percentage points to 55.7 percent in April of 2016, higher than market expectations of 54.7. Although business activity slowed, new orders expanded at a faster pace, employment grew for the second month and prices increased for the first time in three months, reflecting optimism over business and growth.2016-05-04T15:08:53"
Wall Street Opens Lower,Stock Market,"Wall Street Opens LowerUnited States Stock MarketEquities in the US extended Tuesday's losses after data from ADP showed private sector added the least jobs since 2013, suggesting the closely-watched non-farm payroll number due on Friday may disappoint as well. In addition, productivity posted the fourth decline in the past six quarters, exports came back to contraction and imports hit a 5-year low, raising further concerns over the pace of growth. In contrast, energy shares gained, as crude oil prices recovered. The Dow Jones lost 0.63% or 112 points, the S&P 500 slid 0.65% or 13 points and the Nasdaq went down 0.63% or 30 points around 20 minutes after the opening bell.2016-05-04T15:04:38"
US Services Sector Growth at 3-Month High,Services PMI,"US Services Sector Growth at 3-Month HighUnited States Services PMIThe seasonally adjusted final Markit US Services Business Activity Index came in at 52.8 in April of 2016, compared with 51.3 in the previous month and higher than flash estimate of 52.1. Business activity and incoming new work grew at a faster pace while job creation slipped down to its weakest level so far this year amid a subdued in confidence regarding the business outlook. Meanwhile, input cost inflation accelerated to its fastest since August 2015.2016-05-04T14:59:02"
US Imports Down to 5-Year Low,Imports,"US Imports Down to 5-Year LowUnited States ImportsTotal imports in the United States shrank 3.6 percent to $217.1 billion in March from February of 2016. It is the lowest figure since February of 2011 dragged down by lower energy prices, a stronger dollar and soft consumer spending.2016-05-04T14:08:45"
US Exports Fall 0.9% in March,Exports,"US Exports Fall 0.9% in MarchUnited States ExportsTotal exports in the United States went down 0.87 percent to $176.6 billion in March from February of 2016, following a 1 percent gain in the previous period, hurt by a strong dollar and weak global demand.2016-05-04T14:04:38"
US Unit Labor Cost Rise 4.1% in Q1,Labour Costs,"US Unit Labor Cost Rise 4.1% in Q1United States Labour CostsUnit labor costs in the nonfarm business sector in the United States increased 4.1 percent in the first quarter of 2016, following a downwardly revised 2.7 percent growth in the previous period and staying above market expectations of 3.3 percent, preliminary figures showed. It was the highest reading since the fourth quarter of 2014, as hourly compensation went up 3 percent while productivity fell 1 percent. Unit labor costs increased 2.3 percent over the last four quarters.2016-05-04T13:45:46"
US Nonfarm Labor Productivity Drops 1% in Q1,Productivity,"US Nonfarm Labor Productivity Drops 1% in Q1United States ProductivityNonfarm business sector labor productivity in the United States decreased at a seasonally adjusted annual rate of 1 percent quarter-on-quarter during the first quarter of 2016, following a downwardly revised 1.7 percent drop in the previous period and below market expectations of 1.4 percent fall, preliminary figures showed. While output increased 0.4 percent, hours worked went up 1.5 percent. Productivity has only risen in two of the last six quarters. Compared with the same quarter in the previous year, productivity increased 0.6 percent.2016-05-04T13:41:22"
US Trade Deficit at 13-Month Low,Balance of Trade,"US Trade Deficit at 13-Month LowUnited States Balance of TradeThe US trade gap narrowed to USD 40.44 billion in March of 2016 from a downwardly revised USD 46.96 billion deficit in the previous month and below market expectations of USD 41.5 billion. It is the smallest gap since February last year as imports hit a 5-year low. Purchases of industrial supplies and materials fell to its smallest since April 2004 and imports of petroleum were the lowest since September 2002. Considering the first quarter of the year, the average trade deficit narrowed by $1.4 billion, with imports falling more than exports (down by $2.6 billion and $1.2 billion respectively), suggesting the drag from external trade on GDP may be smaller than expected.2016-05-04T13:37:42"
US Private Sector Adds 156K Jobs,ADP Employment Change,"US Private Sector Adds 156K JobsUnited States ADP Employment ChangePrivate businesses in the United States hired 156 thousand workers in April of 2016 compared to a downwardly revised 194 thousand in March and much below market expectations of 196 thousand. It is the lowest figure since April of 2013. The goods-producing sector lost 11 thousand jobs while the service-providing sector added 166 thousand: manufacturing shed 13 thousand while construction added 14 thousand, professional/business activities added 27 thousand, trade/transportation/utilities added 25 thousand and financial activities 4 thousand.2016-05-04T13:16:46"
US Mortgage Applications Fall for 2nd Week,Mortgage Applications,"US Mortgage Applications Fall for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 3.4 percent in the week ended April 29th 2016 from the previous period, following a 4.1 percent drop in the prior week, data from the Mortgage Bankers Association showed. Fixed 30-year mortgage rates increased 2 bps to 3.87 percent, reaching the highest in five weeks. Refinance applications fell 5.5 percent while applications to purchase a home edged down 0.1 percent2016-05-04T12:05:36"
Wall Street Falls on Tuesday,Stock Market,"Wall Street Falls on TuesdayUnited States Stock MarketStocks in US traded lower on Tuesday as global growth fears increased after Manufacturing PMI data for China disappointed and the Dollar fell further against the Euro and the Yen. In contrast, better than expected earnings reports from Pfizer and CVS limited losses. The Dow Jones lost 0.94% or 168 points, the S&P 500 slid 1% or 21 points and the Nasdaq fell 0.1.1% or 53 points around 60 minutes after the opening bell. 2016-05-03T15:34:06"
ISM New York Index Rises Sharply in April,Ism New York Index,"ISM New York Index Rises Sharply in AprilUnited States Ism New York IndexThe ISM NY Current Business Conditions Index increased sharply to 57 in April 2016 from 50.4 in the previous month. It was the highest reading since December as gauge of employment (49.9 from 40.9) and prices paid (48.1 from 44.7) rose. In contrast, quantity of purchases (48.2 from 57.1), and current (50 from 55.3) and expected (56 from 57.5) revenues fell. The 6-month outlook worsened to a 7-year low of 53.1 from 65 in March.2016-05-03T14:53:41"
US Construction Spending Misses Forecast,Construction Spending,"US Construction Spending Misses ForecastUnited States Construction SpendingConstruction spending in the United States increased by 0.3 percent month-on-month in March of 2016, compared with an upwardly revised 1 percent gain in the previous month but below market estimates of 0.5 percent rise. It was the weakest reading since November, as private construction spending rose 1.1 percent, led by residential construction (+1.6 percent) and nonresidential construction (+0.7 percent); while spending on public construction fell 1.9 percent, dragged down by power (-14.1 percent), public safety (-7.8 percent) and transportation (-7.6 percent) construction. Compared with the same month a year earlier, construction spending rose 8 percent.2016-05-02T15:07:19"
ISM Manufacturing PMI Below Expectations,Business Confidence,"ISM Manufacturing PMI Below ExpectationsUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI came in at 50.8 in April of 2016, down from 51.8 in March and below market expectations of 51.4. Manufacturing activity in the US expanded for the second consecutive month although growth slowed as production, new orders and inventories declined while employment remained negative, suggesting the recovery is still fragile.   2016-05-02T15:06:58"
US Factory Activity Growth at 2009-Low,Manufacturing PMI,"US Factory Activity Growth at 2009-LowUnited States Manufacturing PMIThe final Markit Manufacturing PMI for the United States came in at 50.8 in April of 2016, matching preliminary estimates and down from 51.5 in the previous month. It is the lowest reading since September of 2009 as production and job creation grew marginally, new business expanded at the slowest pace so far this year, input cost increased while output prices decreased further. 2016-05-02T14:52:38"
Wall Street Opens Mostly Higher,Stock Market,"Wall Street Opens Mostly HigherUnited States Stock MarketEquities in US opened mainly in the green on Monday, boosted by the telecom sector while investors await the release of Markit and ISM Manufacturing PMI and construction spending data. The Dow Jones added  0.19% or 33 points, the S&P 500 rose 0.12% or 2 points and the Nasdaq traded near the flatline at 4774 points around 7 minutes after the opening bell.2016-05-02T14:43:15"
Wall Street Closes Lower,Stock Market,"Wall Street Closes LowerUnited States Stock MarketStocks in US closed slightly lower on Friday as worst than expected data for Chicago PMI, personal spending, PCE price index and disappointing earnings reports from Chevron weighted on investors’ sentiment. The Dow Jones fell 0.32% or 57 points, the S&P 500 lost 0.51% or 11 points and the Nasdaq slid 0.62% or 30 points.2016-04-29T22:01:32"
Wall Street Opens Lower,Stock Market,"Wall Street Opens LowerUnited States Stock MarketStocks in the US opened lower on Friday after worse than expected data for Chicago PMI, personal spending, PCE price index and disappointing earnings reports from Chevron weighted on investors’ sentiment. In contrast, earnings from Amazon and LinkedIn came better than expected and the energy sector gained after oil prices hit fresh 2016 highs. The Dow Jones lost 0.7% or 123 points, the S&P 500 slid 0.65% or 13 points and the Nasdaq fell 0.6% or 30 points around 35 minutes after the opening bell.2016-04-29T15:21:41.313"
US Consumer Sentiment Revised Down in April,Consumer Confidence,"US Consumer Sentiment Revised Down in AprilUnited States Consumer ConfidenceThe final University of Michigan's consumer sentiment for the United States came in at 89 in April of 2016, down from 91.0 in the previous month and lower than preliminary estimates of 89.7. It is the smallest reading since September as future expectations decreased to its lowest since September of 2014 and inflation rate for the next year is seen at a 7-month high.2016-04-29T15:11:51.557"
Chicago PMI Falls to 50.4,Chicago Pmi,"Chicago PMI Falls to 50.4United States Chicago PmiThe Chicago PMI in the United States fell 3.2 points to 50.4 in April of 2016, much lower than market expectations of 53. The fall was led by declines in new orders and a sharp drop in order backlog. Only production and supplier deliveries increased on the month.2016-04-29T14:55:20.307"
US PCE Prices Edge Up 0.1% in March,PCE Price Index Monthly Change,"US PCE Prices Edge Up 0.1% in MarchUnited States PCE Price Index Monthly ChangeThe price index for consumer spending in the United States increased by 0.1 percent on the month in March 2016, in contrast to a 0.1 percent decrease in February, mainly due to higher prices for energy goods and services (+1.1 percent) while goods cost fell 0.1 percent. Compared to the same month a year earlier, the PCE price index rose 0.8 percent easing from 1 percent growth in the previous month. Excluding food and energy, prices gained 0.1 percent month-over-month after advancing 0.2 percent in February. In the 12 months through March, the so-called core PCE price index increased 1.6 percent, easing from 1.7 percent in February.2016-04-29T14:08:05.25"
"US Personal Spending Edges Up 0.1%, Income Rises 0.4%",Personal Spending,"US Personal Spending Edges Up 0.1%, Income Rises 0.4%United States Personal SpendingConsumer spending in the United States edged up 0.1 percent in March from February of 2016, lower than an upwardly revised 0.2 percent gain in the previous month and below market expectations of a 0.2 percent rise. It is the lowest gain so far this year. Personal income grew at a faster 0.4 percent, compared to a downwardly revised 0.1 percent rise in February and market expectations of a 0.3 percent increase. 2016-04-29T13:46:20"
US Employment Cost Rises 0.6% in Q1,Employment Cost Index,"US Employment Cost Rises 0.6% in Q1United States Employment Cost IndexCompensation costs for civilian workers in the United States rose 0.6 percent on quarter in the first three months of 2016, higher than a 0.5 percent growth in the previous period. Wages and salaries, which make up about 70 percent of compensation costs, increased 0.7 percent, and benefits, which make up the remaining 30 percent, increased 0.5 percent. Compared with the same quarter a year ago, the employment cost index went up 1.9 percent.2016-04-29T13:38:12.087"
Wall Street Opens Lower,Stock Market,"Wall Street Opens LowerUnited States Stock MarketShares in the US opened lower on Thursday following earlier losses in Asia and Europe after the BoJ disappointed markets by keeping monetary policy unchanged and GDP data showed the US economy slowed more than expected. The Dow Jones lost 0.57% or 103 points, the S&P 500 slid 0.4% or 8 points and the Nasdaq fell 0.2% or 10 points around 5 minutes after the opening bell.2016-04-28T14:51:01"
US Jobless Claims Rise to 257K,Initial Jobless Claims,"US Jobless Claims Rise to 257KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 257,000 in the week ended April 23rd, an increase of 9,000 from the previous week's revised level of 248,000, better than market expectations of 260,000. This marks 60 consecutive weeks of initial claims below 300,000, the longest streak since 1973.2016-04-28T13:34:20"
US GDP Growth Slows to 0.5% in Q1,GDP Growth Rate,"US GDP Growth Slows to 0.5% in Q1United States GDP Growth RateThe US economy expanded an annualized 0.5 percent on quarter in the first three months of 2016, lower than a 1.4 percent expansion in the previous period,  and below market expectations of 0.7 percent growth, according to the advanced estimate released by the Bureau of Economic Analysis. It is the weakest performance since the first quarter of 2014 when the economy contracted 0.9 percent as consumer spending slowed, the drag from trade and business inventories worsened and business investment fell for the third straight quarter.2016-04-28T13:32:35"
Fed Leaves Rates on Hold,Interest Rate,Fed Leaves Rates on HoldUnited States Interest RateThe Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the third time during its April 2016 meeting. Policymakers said labor market conditions improved but economic activity appears to have slowed although concerns regarding risks from global economic and financial developments to the US economy eased.2016-04-27T19:00:43
US Crude Oil Stocks Lower Than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Lower Than ExpectedUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States increased by 1.999 million barrels in the week ended April 22nd, 2016, below market expectations of 2.5 million rise. In the previous week, stocks went up by 2.08 million barrels. Meanwhile, gasoline stocks rose by 1.608 million barrels after falling by 0.11 million barrels in the previous week, above market expectations of 0.4 million fall.2016-04-27T15:36:31.917"
US Pending Home Sales Rise 1.4% in March,Pending Home Sales,"US Pending Home Sales Rise 1.4% in MarchUnited States Pending Home SalesContracts to buy previously owned US homes increased by 1.4 percent on the year in March of 2016 to reach their highest level since May last year. Compared to the previous month, sales rose 1.4 percent, following a downwardly revised 3.4 percent growth in the previous month and beating market expectations of a 0.5 percent gain, as contracts grew in the Northeast (+3.2 percent), in the South (+3 percent) and in the Midwest (+0.2 percent) but fell in the West (-1.8 percent).2016-04-27T15:09:38"
Wall Street Opens Mostly Lower,Stock Market,"Wall Street Opens Mostly LowerUnited States Stock MarketUS stocks opened mostly in the red on Wednesday as disappointing earnings from Apple weighed on sentiment while gains in the energy sector due to higher oil prices limited losses. Investors also await the Federal Reserve monetary policy decision later in the day where no action on interest rates is expected. The Dow Jones lost 0.13% or 22 points, the S&P 500 traded near the flat line at 2091 points and the Nasdaq slid 0.5% or 24 points around 15 minutes after the opening bell.2016-04-27T14:57:18.917"
US MBA Mortgage Applications Down 4.1%,Mortgage Applications,"US MBA Mortgage Applications Down 4.1%United States Mortgage ApplicationsMortgage applications in the United States fell 4.1 percent in the week ended April 22nd 2016 from the previous period, following a 1.3 percent rise in the prior week, data from the Mortgage Bankers Association showed. Fixed 30-year mortgage rates increased 2 bps to 3.85 percent. Refinance applications fell 5 percent while applications to purchase a home declined 2.4 percent.2016-04-27T12:05:42.28"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketUS equities opened in the green on Tuesday as investors await earnings reports from Apple, AT&T, Ebay and Twitter and ahead of the Federal Reserve meeting where no action on interest rates is expected. The Dow Jones added 0.18% or 33 points, the S&P 500 gained 0.21% or 4 points and the Nasdaq went up 0.07% or 3 points around 12 minutes after the opening bell.2016-04-26T15:17:56.803"
US Richmond Manufacturing Index Falls to 14,Richmond Fed Manufacturing Index,"US Richmond Manufacturing Index Falls to 14United States Richmond Fed Manufacturing Index The Richmond Fed Manufacturing Activity Index declined to 14 in April of 2016 from 22 in the previous month while beating market expectations of 11. Shipments (14 from 27 in March) and the volume of new orders (18 from 24) in the US fifth district, including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia remained solid. New hiring increased modestly (8 from 11) while the average workweek lengthened and average wage increases moderated. Prices of raw materials and finished goods rose at a faster pace compared to last month. Manufacturers remained optimistic about future business conditions for the six months ahead, although expectations were less buoyant compared to the past two months.
2016-04-26T15:17:03.39"
US Private Sector Activity at 3-Month High,Composite Pmi,"US Private Sector Activity at 3-Month HighUnited States Composite PmiThe seasonally adjusted Markit Flash US Composite PMI Output Index was recorded at 51.7, higher than 51.3 in the previous month and the highest reading since January. A faster upturn in service sector activity (flash index at 52.1 in April) offset a weak manufacturing production growth (flash output index at 50.3). Meanwhile, job creation stood at its lowest level since January of 2015.2016-04-26T15:10:36.3"
US Services Sector Expands at Faster Pace,Services PMI,"US Services Sector Expands at Faster PaceUnited States Services PMIThe Markit Flash US Services PMI Business Activity Index came in at 52.1 in April of 2016, higher than 51.3 in the previous month but missing market expectations of 52.3. Business activity expanded at a faster pace than that recorded during the first quarter of 2016 (51.4 on average), but remained weaker than that seen on average since the survey began in late-2009. New business growth rebounded slightly from the record low recorded in the previous month while job creation eased to its weakest level in six months. Input price inflation picked up slightly and was the fastest since November 2015.2016-04-26T14:55:53.753"
US S&P Case-Shiller House Prices Rise Less than Expected,Case Shiller Home Price Index YoY,"US S&P Case-Shiller House Prices Rise Less than ExpectedUnited States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5.4 percent year-on-year in February of 2016, easing from a 5.7 percent increase in January and lower than market expectations of a 5.5 percent rise.  Portland (+11.9 percent), Seattle (11 percent) and Denver (+9.7 percent) recorded the highest increases. On a monthly basis, the S&P/Case-Shiller's 20-City Home Price Index increased 0.2 percent, recovering from a flat reading in January.2016-04-26T14:12:41"
US Durable Goods Orders Below Expectations,Durable Goods Orders,"US Durable Goods Orders Below ExpectationsUnited States Durable Goods OrdersNew orders for US manufactured durable goods increased 0.8 percent in March from February of 2016, rebounding from an upwardly revised 3.1 percent fall in the previous period but below market forecasts of a 1.8 percent rise. Excluding transportation, new orders dropped 0.2 percent and without defense orders fell 1 percent.2016-04-26T13:34:18"
US Texas Manufacturing Index  Falls to -13.9 in April,Dallas Fed Manufacturing Index,"US Texas Manufacturing Index  Falls to -13.9 in AprilUnited States Dallas Fed Manufacturing Index The Federal Reserve Bank of Dallas' Texas monthly manufacturing index decreased to -13.9 in April 2016 from -13.6 in March. Perceptions of broader business conditions remained pessimistic, as the general business activity index held steady at -3.9, its 16th straight negative reading and the company outlook index posted a negative reading for the fifth consecutive month but improved from -11 to -5.9. Meanwhile, the employment and hours worked indexes remained negative for the fourth straight month but rose to -3.7 and -1, respectively. Also, the index of future general business activity fell 6 points to 0.4. In contrast, the production, new orders, capacity utilization and shipments indexes rose firmly.2016-04-25T15:48:02"
US New Home Sales Fall 1.5% in March,New Home Sales,"US New Home Sales Fall 1.5% in MarchUnited States New Home SalesNew US single-family home sales unexpectedly fell by 1.5 percent on the month to a seasonally adjusted annual rate of 511,000 in March of 2016, following a downwardly revised 0.4 percent drop in February and missing market expectations of 1 percent rise. The decline was led by a sharp drop in home sales in the West region. 2016-04-25T15:28:50.647"
Wall Street Opens Lower,Stock Market,"Wall Street Opens LowerUnited States Stock MarketUS stocks opened in the red on Monday, dragged down by weak earnings reports and a slump in commodity prices while investors remain cautious ahead of the Federal Reserve and Bank of Japan’s meetings later in the week. The Dow Jones lost 0.26% or 47 points, the S&P 500 went down 0.22% or 5 points and the Nasdaq traded near the flat line, down 0.06% or 3 points around 10 minutes after the opening bell.2016-04-25T14:41:10"
Wall Street Opens Mixed,Stock Market,"Wall Street Opens MixedUnited States Stock MarketUS equities opened mixed on Friday after several earnings reports for technological firms disappointed while McDonald's, American Airlines, Honeywell International and Kimberly-Clark, released better than expected results earlier in the day. The Dow Jones added 0.23% or 40 points, the S&P 500 traded near the flat line, up 0.05% or 1 point and the Nasdaq Composite fell 0.6% or 30 points around 15 minutes after the opening bell.2016-04-22T15:08:09"
US Factory Activity Growth Weakest Since 2009: Markit,Manufacturing PMI,"US Factory Activity Growth Weakest Since 2009: MarkitUnited States Manufacturing PMIThe flash Markit Manufacturing PMI for the United States came in at 50.8 in April of 2016, down from 51.5 in the previous month and below market expectations of 52. It is the lowest reading since September of 2009 as production almost stagnated, new business growth slowed and job creation was the weakest since June of 2013.2016-04-22T14:52:38"
US Stocks Open Lower on Thursday,Stock Market,"US Stocks Open Lower on ThursdayUnited States Stock MarketWall Street opened lower on Thursday amid a retreat in oil prices, mixed earnings reports for some companies and mixed economic data: initial jobless claims were lower than expected while the Chicago Fed Index and the Philadelphia Fed Manufacturing Index came negative. The Dow Jones lost 0.15% or 27.4 points, the S&P 500 fell 0.22% or 4.7 points and the Nasdaq Composite went down 0.21% or 10.1 points around 18 minutes after the opening bell.2016-04-21T15:00:14"
US FHFA House Prices Rise 0.4% in February,FHFA House Price Index MoM,"US FHFA House Prices Rise 0.4% in FebruaryUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased by 0.4 percent on the month in February of 2016, the same pace as a downwardly revised 0.4 percent rise in January. Year-on-year, the FHFA house price index went up at a slower 5.6 percent compared with a 6 percent growth in the previous month.2016-04-21T14:04:14.48"
US Philadelphia Fed Manufacturing Index Turns Negative,Philadelphia Fed Manufacturing Index,"US Philadelphia Fed Manufacturing Index Turns NegativeUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index came in at -1.6 in April of 2016 from 12.4 in March, well below market expectations of 8.9. New orders (0 from 15.7), shipments (-10.8 from 22.1), inventories (-20.5 from -12.7) and employment (-18.5 from -1.1) declined. In contrast, prices received for manufactured goods (7.4 from 3.5) and prices paid (13.2 from -0.9) went up.2016-04-21T13:50:54"
Chicago Fed National Activity Index at 26-Month Low,Chicago Fed National Activity Index,"Chicago Fed National Activity Index at 26-Month LowUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index declined for the second consecutive month to -0.44 in March of 2016, following a downwardly revised -0.38 in the previous month. It is the lowest figure since January of 2014 as three of the four broad categories of indicators that make up the index decreased and made negative contributions. The contribution from production-related indicators ticked down to –0.31 in March from –0.30 in February; employment-related indicators moved down to –0.04 from +0.02; personal consumption and housing category edged down to –0.09 from –0.07 while the contribution from sales, orders, and inventories category was neutral, up slightly from –0.03. The index’s three-month moving average, decreased to –0.18 from –0.11, suggesting that growth in national economic activity was somewhat below its historical trend. 2016-04-21T13:42:01.897"
US Jobless Claims Drop to Lowest Since 1973,Initial Jobless Claims,"US Jobless Claims Drop to Lowest Since 1973United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 247,000 in the week ended April 16th, a decrease of 6,000 from the previous week's unrevised level of 253,000, staying below market expectations of 263,000. It was the lowest reading since November 24, 1973 when it was recorded at 233,000.2016-04-21T13:32:08"
US Crude Oil Stocks Slightly Lower than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Slightly Lower than ExpectedUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States rose by 2.08 million barrels in the week ended April 15th, 2016, slightly below market expectations. In the previous week, stocks increased by 6.6 million barrels. Gasoline stocks declined for the second straight week, down by 0.11 million barrels, less than market expectations.2016-04-20T15:36:08.4"
US Existing Home Sales Surge 5.1%,Existing Home Sales,"US Existing Home Sales Surge 5.1%United States Existing Home SalesSales of previously owned houses in the United States jumped 5.1 percent to a seasonally adjusted annual rate of 5330 thousand in March of 2016, recovering from an upwardly revised 7.3 percent drop in February and higher than market expectations of a 3.5 percent increase. Sales of single family went up 5.5 percent and those of condos increased 1.8 percent. The average price jumped 3.9 percent and the months’ worth of supply edged up to 4.5 from 4.4.2016-04-20T15:07:43.487"
Wall Street Deeps in Negative Territory at the Open,Stock Market,"Wall Street Deeps in Negative Territory at the OpenUnited States Stock MarketUS stocks opened in the red on Wednesday amid a drop in oil prices after Kuwait workers ended a three-day strike and ahead of releases for existing home sales, crude oil inventories and earnings reports. The Dow Jones lost 0.05% or 9 points, the S&P 500 went down 0.05% or 1 point and the Nasdaq Composite slid 0.17% or 8 points around 13 minutes after the opening bell.2016-04-20T14:53:17"
US Mortgage Applications Rise for 2nd Week,Mortgage Applications,"US Mortgage Applications Rise for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States increased 1.3 percent in the week ended April 15th 2016 from the previous period, following a 10 percent jump in the prior week, data from the Mortgage Bankers Association showed. Fixed 30-year mortgage rates increased 1 bps to 3.83 percent. Refinance applications increased 2.6 percent while applications to purchase a home edged down 0.5 percent.2016-04-20T12:06:26.713"
US Stocks Open Mostly Higher,Stock Market,"US Stocks Open Mostly HigherUnited States Stock MarketWall Street traded mostly in the green on Tuesday following earlier gains in Asia and Europe, amid a recovery in oil prices and despite lower-than-expected data for housing starts and building permits. During the session, investors will be looking for more earnings reports. The Dow Jones added 0.14% or 25.51 points, the S&P 500 was up 0.2% or 4.29 points while the Nasdaq Composite lost 0.17% or 8.66 points around 6 minutes after opening bell.2016-04-19T14:47:28.183"
US Building Permits Hit 1-Year Low in March,Building Permits,"US Building Permits Hit 1-Year Low in MarchUnited States Building PermitsBuilding permits in the United States dropped sharply by 7.7 percent to a seasonally adjusted annualized rate of 1086 thousand in March of 2016 from 1177 thousand in the previous month and missing market consensus of 1200 thousand. It was the lowest reading since March last year, as authorizations of units in buildings with five units or more declined by 20.4 percent to a rate of 324 thousand and single-family authorizations fell 1.2 percent to a rate of 727 thousand. Compared to the same month in the previous year, building permits rose by 4.6 percent.2016-04-19T13:37:33"
US Housing Starts Fall 8.8% in March,Housing Starts,"US Housing Starts Fall 8.8% in MarchUnited States Housing StartsHousing starts in the Unites States fell 8.8 percent to a seasonally adjusted annual rate of 1089 thousand in March of  2016, compared to an upwardly revised 1194 thousand in the previous month. It is the lowest reading since October last year and well below market expectations of 1170 thousand. Building permits slumped 7.7 percent, hitting a one-year low.2016-04-19T13:33:11"
Dow Jones Closes Above 18K,Stock Market,"Dow Jones Closes Above 18K United States Stock MarketThe Dow Jones ended Monday session about 106 points higher or 0.6%, reaching the 18,000 level for the first time since July 20, 2015. Walt Disney, Home Depot and Chevron contributed the most to gains while Apple, Nike, DuPont and Travelers declined. 2016-04-18T21:59:15.483"
Wall Street Opens Lower,Stock Market,"Wall Street Opens LowerUnited States Stock MarketUS stocks opened lower on Monday pushed down by a decline in crude oil prices after major oil producers failed to agree on production freeze during the meeting held on Sunday. The Dow Jones was down 0.2% or 35.54 points, the S&P 500 fell by 0.06% or 1.22 points and the Nasdaq Composite slid 0.27% or 13.31 points, around twenty minutes after the opening bell.2016-04-18T15:15:20"
US Builder Confidence Holds Steady in April,Nahb Housing Market Index,"US Builder Confidence Holds Steady in AprilUnited States Nahb Housing Market IndexNAHB Housing Market Index in the United States came in at 58 for the third consecutive month in April of 2016, showing that the single-family housing sector continues to recover at a slow but consistent pace. The sales expectations subindex rose one point to 62, and the index gauging buyer traffic also increased a single point to 44. Meanwhile, the component charting current sales conditions fell two points to 63. 2016-04-18T14:43:29.487"
Foreigners Buy $33.5 billion of US Assets in February,Capital Flows,"Foreigners Buy $33.5 billion of US Assets in FebruaryUnited States Capital FlowsOverseas investors bought $33.5 billion of US assets, including short-dated instruments in February of 2016, after buying a downwardly revised $116.6 billion in January. Foreigners bought $72 billion of long-term US securities, including government and corporate, after selling a downwardly revised $11.9 billion in the previous month. Foreign investors also bought $9.9 billion of US Treasuries, after selling $50.4 billion in January.2016-04-15T21:17:56.46"
US Stocks Open Nearly Flat,Stock Market,"US Stocks Open Nearly FlatUnited States Stock MarketWall Street opened little changed on Friday amid a fall in oil prices and mixed economic data for the US. In addition, investors await earnings reports for a few companies later in the day and remain cautious ahead of oil producers meeting on Sunday where a deal to freeze output may be reached. The Dow Jones and the S&P 500 traded near the flatline while the Nasdaq lost 0.19% around ten minutes after the open.2016-04-15T14:46:16"
US Industrial Production Falls 0.6% in March,Industrial Production Mom,"US Industrial Production Falls 0.6% in MarchUnited States Industrial Production MomIndustrial output in the United States declined 0.6 percent in March of 2016 from the previous month, following an upwardly revised 0.6 percent drop in February. Figures came worse than market expectations of a 0.1 percent decrease, as mining shrank the most since September of 2008 when production was curtailed because of hurricanes and utilities and manufacturing also contracted. For the first quarter as a whole, industrial production fell at an annual rate of 2.2 percent.2016-04-15T14:26:05.407"
NY Empire State Manufacturing Index at 15-Month High,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index at 15-Month HighUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index came in at 9.56 in April of 2016 compared to 0.62 in the previous month and much higher than market expectations of 2.21. It is the highest reading since January of 2015. New orders (11.14 from 9.57) improved while shipments (11.14 from 13.88) increased at a slightly slower pace. Prices paid accelerated (19.23 from 2.97) and prices received recovered (2.88 from -5.94) while employment levels (1.92 from -1.98) and the average workweek (1.92 from 1.98) were little changed from March. The six-month outlook continued to improve, with the index for future business conditions rising for a third straight month (29.4 from 25.52). 2016-04-15T13:45:11.803"
US Stocks Fail to Sustain Gains,Stock Market,"US Stocks Fail to Sustain GainsUnited States Stock MarketWall Street opened mainly unchanged on Thursday, following a rally in the previous two sessions amid volatile oil prices and mixed economic data: jobless claims came below expectations while inflation was lower than anticipated. The Dow Jones and the S&P 500 traded near the flatline while the Nasdaq lost 0.14% around 7 minutes after the open. 2016-04-14T14:46:50"
"US Initial Jobless Claims Fall, Matching 1973 Level",Initial Jobless Claims,"US Initial Jobless Claims Fall, Matching 1973 Level United States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 253,000 in the week ended April 9th, a decrease of 13,000 from the previous week's revised level of 266,000, and matching March 3rd level, which was the lowest since November 1973. Figures came below market expectations of 270,000, marking the 58th straight week claims are below 300,000, the level associated with a healthy jobs market.2016-04-14T13:37:41"
US Inflation Rate Slows for 2nd Month,Inflation Rate,"US Inflation Rate Slows for 2nd MonthUnited States Inflation RateConsumer prices in the United States rose 0.9 percent year-on-year in March of 2016, lower than 1 percent in the previous month and below market expectations of a 1.1 percent increase. Cost of shelter, medical care and food slowed while energy prices declined slightly more. On a monthly basis, consumer prices rose 0.1 percent. 2016-04-14T13:36:34"
US Crude Oil Stocks Rise the Most in 3 Weeks,Crude Oil Stocks Change,"US Crude Oil Stocks Rise the Most in 3 WeeksUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States rose by 6.63 million barrels in the week ended April 8th, 2016, much higher than market expectations of a 2.6 million increase. It is the biggest gain in three weeks. In the previous week, stocks fell by 4.9 million barrels. Gasoline stocks declined by 4.2 million barrels, compared to market expectations of a 1.5 million drop.2016-04-13T16:19:36"
US Business Inventories Fall 0.1%,Business Inventories,"US Business Inventories Fall 0.1%United States Business InventoriesManufacturers’ and trade inventories in the United States declined 0.1 percent month-on-month in February of 2016, following a revised 0.1 percent fall in the previous month and in line with market estimates. Retail inventories excluding autos, which go into the calculation of GDP, increased by 0.3 percent, higher than 0.2 percent in January. Year-on-year, inventories were up 1.2 percent.2016-04-13T15:08:42.717"
US Stocks Open Higher on Wednesday,Stock Market,"US Stocks Open Higher on WednesdayUnited States Stock MarketWall Street opened higher on Wednesday, following an earlier rally in Asia and Europe as better-than-expected exports and imports data for China boosted investors’ confidence despite drop in oil prices and a fall in US retail sales. The Dow Jones went up 133 points or 0.75%, the S&P 500 gained 0.63% and the Nasdaq added 0.78% 10 minutes after the open.2016-04-13T14:45:54"
US Producer Prices Fall 0.1% in March,Producer Price Inflation MoM,"US Producer Prices Fall 0.1% in March United States Producer Price Inflation MoMProducer prices for final demand in the United States fell 0.1 percent on the month in March 2016, following a 0.2 percent drop in the previous month and worse than market expectations of 0.2 percent growth. Prices of services decreased 0.2 percent, the first decline since October 2015 due to drop in cost of trade (-0.5 percent) and warehousing (-0.3 percent). In contrast, prices of goods edged up 0.2 percent. Compared to the same month of the previous year, producer prices decreased 0.1 percent. 

2016-04-13T13:44:50"
US Retail Sales Down 0.3%,Retail Sales MoM,"US Retail Sales Down 0.3%United States Retail Sales MoMRetail sales in the United States declined 0.3 percent in March from February of 2016 after posting no growth in the previous period and compared to market expectations of a 0.1 percent increase, due to lower auto sales. Considering the first quarter of the year, retail sales declined 0.1 percent.2016-04-13T13:42:06"
US Mortgage Applications Rise The Most Since January,Mortgage Applications,"US Mortgage Applications Rise The Most Since JanuaryUnited States Mortgage ApplicationsMortgage applications in the United States jumped 10 percent in the week ended April 8th 2016 from the previous period, data from the Mortgage Bankers Association showed. It is the biggest increase since the second week of January as fixed 30-year mortgage rates fell 4 bps to 3.82 percent, the lowest since January of 2015. Refinance applications surged 11.3 percent and applications to purchase a home grew 8.4 percent.2016-04-13T12:06:07"
US Budget Gap Widens 103% in March,Government Budget Value,"US Budget Gap Widens 103% in MarchUnited States Government Budget ValueThe United States recorded a budget deficit of USD 108 billion in March of 2016, compared with a USD 53 billion gap in the same month a year earlier and market expectations of a USD 104 billion shortfall. Outlays increased 17 percent and receipts declined 2.5 percent. 2016-04-12T19:17:13.693"
US Stocks Open Mostly Higher,Stock Market,"US Stocks Open Mostly HigherUnited States Stock MarketWall Street traded mostly in the green on Tuesday amid a recovery in oil prices while investors await first-quarter earnings report for a few companies. The Dow Jones was up 47 points or 0.27%, the S&P 500 increased 0.21% while the Nasdaq traded near the flatline around 10 minutes after the open. 2016-04-12T14:44:05.54"
US Export Prices Unchanged in February,Export Prices MoM,"US Export Prices Unchanged in FebruaryUnited States Export Prices MoMExport prices in the United States recorded no change in March from February of 2016, compared to market expectations of a 0.2 percent drop and following an upwardly revised 0.5 percent fall in the previous period. It was the first time since May the index did not decline as nonagricultural exports advanced (+0.3 percent), driven by industrial supplies and materials; while agricultural prices decreased (-2.5 percent) dragged down by lower prices for fruit, soybeans, corn, and nuts. Year-on-year, the price index fell 6.1 percent.
2016-04-12T13:42:47"
US Import Prices Rise for 1st Time in 9 Months,Import Prices MoM,"US Import Prices Rise for 1st Time in 9 MonthsUnited States Import Prices MoMImport prices in the United States increased 0.2 percent in March from February of 2016, rebounding from an upwardly revised 0.4 percent fall in the previous period but lower than market expectations of a 1 percent gain. It is the first increase in nine months, driven by a 4.9 percent surge in imported fuel prices which offset a 0.1 percent fall in nonfuel prices, namely consumer goods, foods, feeds, and beverages and capital goods. Year-on-year, import prices declined 6.2 percent.2016-04-12T13:40:01.217"
US Stocks Open Higher on Monday,Stock Market,"US Stocks Open Higher on MondayUnited States Stock MarketWall Street opened higher on Monday following earlier gains in Europe as a rise in oil prices and a dollar recovery against the yen helped bolster investors’ confidence. The Dow Jones added 104 points or 0.59%, the S&P 500 gained 0.52% and the Nasdaq was up 0.42% around 10 minutes after the open.2016-04-11T14:47:11"
US Wholesale Inventories Fall for 5th Month,Wholesale Inventories,"US Wholesale Inventories Fall for 5th MonthUnited States Wholesale InventoriesWholesale stocks in the United States decreased 0.5 percent to USD 583.3 billion in February from January of 2016, compared to a revised 0.2 percent fall in the previous period and market expectations of a 0.1 percent decline. It is the biggest drop since May of 2013. Inventories of durable goods declined 0.1 percent, nondurable goods fell 1.1 percent, lumber and other construction materials were down 1.6 percent, inventories of drugs and druggists' sundries decreased 3.5 percent and farm product raw materials shrank 4.2 percent. In contrast, inventories of electrical and electronic goods increased 2 percent.2016-04-08T15:12:40.403"
US Stocks Rebound on Friday,Stock Market,"US Stocks Rebound on FridayUnited States Stock MarketWall Street opened in the green on Friday as oil prices recovered and fears over US growth outlook diminished after comments from Fed Chair Yellen and other Fed officials. The Dow Jones was up 109 points or 0.63%, the S&P 500 gained 0.58% and the Nasdaq increased 0.52% around 7 minutes after the open. 2016-04-08T14:42:50.23"
Fed Yellen Says US Economy is Progressing,Interest Rate,"Fed Yellen Says US Economy is Progressing United States Interest RateThe US economy has made tremendous progress in recovering from the damage from the financial crisis and is not a bubble economy, Federal Reserve Chair Yellen said on Thursday in a panel discussion with predecessors Ben Bernanke, Alan Greenspan and Paul Volcker in New York. Fed Chair also added that the labour market is healing and the December rate hike decision was not a mistake, as indicators at the time showed substantial progress toward the Fed's labor market and inflation goals. If the economy continues to progress, further hikes would be justified although there is not a preset course of rate increases. 2016-04-08T00:28:51"
US Consumer Credit Change Above Forecasts,Consumer Credit,"US Consumer Credit Change Above ForecastsUnited States Consumer CreditConsumer credit in the United States increased by 17.22 USD billion in February of 2016 following an upwardly revised 14.9 USD billion rise in January and higher than market expectations of a 14.7 USD billion gain. Revolving credit went up by 2.92 USD billion, compared to a downwardly revised 0.24 USD billion drop in the previous month and non-revolving credit rose by 14.3 USD billion, after increasing an upwardly revised USD 15.14 billion.2016-04-07T20:12:08"
US Stocks Fall on Thursday,Stock Market,"US Stocks Fall on ThursdayUnited States Stock MarketWall Street opened lower on Thursday, following a surge in the previous day amid a fresh drop in oil prices. The Dow Jones fell 107 points or 0.61%, the S&P 500 was down 0.54% and the Nasdaq lost 0.51% around 4 minutes after the open. 2016-04-07T14:36:04.207"
US Jobless Claims Fall to 267K,Initial Jobless Claims,"US Jobless Claims Fall to 267KUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 267,000 in the week ended April 2nd, a decrease of 9,000 from the previous week's level of 276,000. Figures came below market expectations of 270,000, marking the 57th straight week claims are below 300,000, the level associated with a healthy jobs market.2016-04-07T13:35:50.5"
Fed Shows Concerns Over Global Risks,Interest Rate,"Fed Shows Concerns Over Global Risks United States Interest RateThe Federal Reserve expects the US economy to expand at a moderate pace and labor market indicators to strengthen although global economic and financial developments continue to pose risks, minutes from March FOMC meeting showed.2016-04-06T19:27:33.217"
US Crude Oil Inventories Unexpectedly Fall,Crude Oil Stocks Change,"US Crude Oil Inventories Unexpectedly Fall United States Crude Oil Stocks ChangeCrude oil stocks in the United States declined by 4.937 million barrels in the week ended April 1st, 2016, below market expectations of a 3.25 million increase and marking the first fall after seven straight weeks of rises. In the previous week, stocks went up by 2.299 million barrels. Gasoline stocks increased for the first time in seven weeks, up by 1.438 million barrels, and compared to market expectations of a 0.96 million drop.
2016-04-06T15:41:15"
US Stocks Open Mostly Higher,Stock Market,"US Stocks Open Mostly HigherUnited States Stock MarketWall Street opened higher on Wednesday as oil prices recovered and investors await the FOMC minutes release later in the day for further clues about Fed’s next move. The Dow Jones traded around the flatline, the S&P 500 was up 0.14% and the Nasdaq gained 0.24% around 3 minutes after the open.2016-04-06T14:34:13"
US Mortgage Applications Post 1st Rise in a Month,Mortgage Applications,"US Mortgage Applications Post 1st Rise in a MonthUnited States Mortgage ApplicationsMortgage applications in the United States went up 2.7 percent in the week ended April 1st 2016 from the previous period, data from the Mortgage Bankers Association showed. It is the first increase in 4 weeks and the biggest rise since mid-February as fixed 30-year mortgage rates fell 8 bps to 3.86 percent. Refinance applications surged 6.8 percent while applications to purchase a home shrank 2.4 percent.2016-04-06T12:05:05"
US Job Openings Edge Down In February,Job Offers,"US Job Openings Edge Down In FebruaryUnited States Job OffersJob openings in the United States decreased by 159 thousand to 5.445 million in February of 2016 compared to an upwardly revised 5.604 million in the previous month and slightly below market expectations. The number of positions waiting to be filled went down by 177 thousand in the private sector and was little changed for government. Job openings decreased in health care and social assistance (-147,000), finance and insurance (-54,000), and mining and logging (-8,000) but increased in educational services (+48,000) and federal government (+19,000). In the regions, losses were reported in the Midwest.
2016-04-05T15:15:47.45"
US ISM Non-Manufacturing PMI at 3-Month High,Non Manufacturing PMI,"US ISM Non-Manufacturing PMI at 3-Month HighUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index increased 1.1 percentage points to 55.5 percent in March of 2016, higher than market expectations of 54. It is the highest reading so far this year, boosted by increases in business activity, new orders and employment.2016-04-05T15:09:01.297"
US Markit Services PMI Revised Up,Services PMI,"US Markit Services PMI Revised UpUnited States Services PMIThe final Markit US Services PMI came in at 51.3 in March of 2016, higher than a preliminary figure of 51 and 49.7 in the previous month. Job creation was robust while new work expanded at its slowest pace on record due to uncertainty about the economic outlook and cautious spending patterns. Input cost inflation remained subdued and output prices increased only marginally.2016-04-05T14:53:08.013"
US Stocks Open Lower for 2nd Day,Stock Market,"US Stocks Open Lower for 2nd Day United States Stock MarketWall Street opened lower on Tuesday, following earlier losses in Europe and Asia as volatile oil prices and weak economic data released increased worries over global growth outlook. The Dow Jones fell 82 points or 0.46%, the S&P 500 was down 0.68% and the Nasdaq lost 0.69% around 7 minutes after the open.2016-04-05T14:43:03.99"
US Imports Rebound in February,Imports,"US Imports Rebound in FebruaryUnited States ImportsImports in the United States went up 1.3 percent to USD 22.5 billion in February from January of 2016, rebounding from a 1.25 percent drop in the previous period. Purchases of consumer goods increased USD 3.6 billion; pharmaceutical preparations rose USD 1.3 billion; toys, games, and sporting goods went up USD 0.6 billion while automotive vehicles, parts, and engines decreased USD 1.5 billion and passenger cars fell USD 1.3 billion. 2016-04-05T14:00:45"
US Exports Post 1st Rise in 5 Months,Exports,"US Exports Post 1st Rise in 5 MonthsUnited States ExportsExports in the United States increased 1 percent to USD 178 billion in February from January of 2016. It is the first gain in five months. Sales of goods increased USD 1.8 billion to USD 118.6 billion, mainly driven by sales of consumer goods, diamonds, pharmaceutical preparations and other goods. Exports to the European Union went up 10.2 percent, those to Canada rose 6.0 percent and sales to Mexico grew 0.9 percent while exports to China fell 2 percent.2016-04-05T13:58:33.1"
US Trade Deficit at 6-Month High,Balance of Trade,US Trade Deficit at 6-Month HighUnited States Balance of TradeThe US trade gap widened to USD 47.06 billion in February of 2016 from an upwardly revised USD 45.88 billion deficit in the previous month and above market expectations of USD 46.2 billion. It is the biggest gap in six months as imports rebounded and exports rose for the first time in five months.2016-04-05T13:39:53.993
US Factory Orders Down 1.7%,Factory Orders,"US Factory Orders Down 1.7%United States Factory OrdersNew orders for manufactured goods in the United States slumped 1.7 percent month-on-month in February of 2016, following a downwardly revised 1.2 percent gain in the previous month and in line with market expectations. Orders for durable goods went down 3 percent, nondurables declined 0.4 percent and transport equipment fell 6.2 percent. Orders for non-defense capital goods excluding aircraft, which is considered a measure of business confidence and spending plans dropped 2.5 percent.2016-04-04T15:18:44.27"
New York Business Activity Growth Slows,Ism New York Index,"New York Business Activity Growth SlowsUnited States Ism New York IndexThe ISM NY Current Business Conditions Index decreased to 50.4 in March of 2016 from 54.6 in the previous month. It fell for the third consecutive month, reaching a fresh low since September last year. At the company level, employment (40.9 from 49.3), quantity of purchases (57.1 from 58), prices paid (44.7 from 54.2), current (55.3 from 56.3) and expected (57.5 from 58.3) revenues decreased. The 6-month outlook worsened to 65 from 66.3.2016-04-04T14:54:25.743"
US Stocks Down on Monday,Stock Market,"US Stocks Down on MondayUnited States Stock MarketWall Street opened lower on Monday as oil prices slipped and investors await speeches from several Fed officials for further clues on next interest rate hike. The Dow Jones was down 18 points or 0.11%, the S&P 500 declined 0.13% and the Nasdaq lost 0.13% around 6 minutes after the open.2016-04-04T14:42:11"
US Construction Spending Drops 0.5% in February,Construction Spending,"US Construction Spending Drops 0.5% in February United States Construction SpendingConstruction spending in the United States decreased 0.50 percent month-on-month in February of 2016,  compared to an upwardly revised 2.1 percent gain in the previous month and below market estimates of 0.1 percent rise. It was the weakest reading since November, as spending on public construction fell 1.7 percent, dragged down by educational and highway construction. Private construction spending declined at a slower 0.1 percent, due to the fall in nonresidential construction (-1.3 percent). In contrast, residential construction went up 0.9 percent, the biggest gain since October 2007. 2016-04-01T15:13:17"
US ISM Manufacturing PMI at 8-Month High,Business Confidence,"US ISM Manufacturing PMI at 8-Month HighUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI came in at 51.8 in March of 2016, up from 49.5 in February and above market expectations of 50.7. Manufacturing activity grew for the first time in six months as production, new orders and prices increased while employment declined. 2016-04-01T15:07:36.637"
US Consumer Sentiment Better Than Estimated,Consumer Confidence,"US Consumer Sentiment Better Than EstimatedUnited States Consumer ConfidenceThe final University of Michigan's consumer sentiment for the United States came in at 91 in March of 2016, down from 91.7 in the previous month but better than a preliminary estimate of 90. Still, it was the lowest reading in five months, as both current and future expectations decreased while the 5 to 10 years inflation outlook went up.2016-04-01T15:06:51"
US Markit Manufacturing PMI Revised Slightly Up,Manufacturing PMI,"US Markit Manufacturing PMI Revised Slightly UpUnited States Manufacturing PMIThe final Markit US Manufacturing PMI came in at 51.5 in March of 2016, slightly up from a preliminary reading of 51.4 and 51.3 in the previous month, boosted by a rise in new work and sustained employment.2016-04-01T14:52:13.123"
US Stocks Fall on Friday,Stock Market,"US Stocks Fall on FridayUnited States Stock MarketWall Street opened lower on Friday amid a slide in oil prices, despite a better-than-expected jobs report for March. The Dow Jones was down 95 points or 0.54%, the S&P 500 fell 0.64% and the Nasdaq lost 0.58% around 8 minutes after the open. 2016-04-01T14:42:51"
US Jobless Rate Unexpectedly Rises to 5%,Unemployment Rate,"US Jobless Rate Unexpectedly Rises to 5%United States Unemployment RateUnemployment rate in the United States edged up to 5 percent in March 2016, from 4.9 percent in the previous month and compared with expectations that it would hold steady. The number of unemployed persons was little changed at 8 million. 2016-04-01T13:37:42"
US Economy Adds 215K Jobs in March,Non Farm Payrolls,"US Economy Adds 215K Jobs in MarchUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 215,000 in March of 2016, lower than an upwardly revised 245,000 in the previous month but beating market expectations of 205,000. Employment gains occurred in retail trade, construction, and health care, while job losses occurred in manufacturing and mining.2016-04-01T13:31:46"
Chicago PMI Rebounds,Chicago Pmi,Chicago PMI ReboundsUnited States Chicago PmiThe Chicago PMI in the United States increased by 6 points to 53.6 in March of 2016 and higher than market expectations of 50. The rise was led by sharp bouncebacks in production and employment with only supplier deliveries declining on the month.2016-03-31T14:58:40.107
US Stocks Open Flat on Thursday,Stock Market,"US Stocks Open Flat on ThursdayUnited States Stock MarketWall Street struggled for gains at the open on Thursday as investors remain cautious ahead of the jobs report release scheduled for Friday. The Dow Jones, the S&P 500 and the Nasdaq traded near the flatline around 14 minutes after the open.2016-03-31T14:49:15"
US Initial Jobless Claims at 8-Week High,Initial Jobless Claims,"US Initial Jobless Claims at 8-Week HighUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 276,000 in the week ended March 26th, an increase of 11,000 from the previous week's level of 265,000 and higher than market expectations of 265,000. Initial claims rose for the third straight week although remained below 300,000 for 56 weeks, the level associated with a healthy jobs market.2016-03-31T13:34:30"
US Planned Layoffs Fall in March,Challenger Job Cuts,"US Planned Layoffs Fall in MarchUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States decreased 22 percent to 48207 in March of 2016, marking the second consecutive month of falls. It is the lowest figure since December of 2015. Year-on-year, layoffs rose 32 percent. Considering the first quarter of 2016, layoffs also went up 32 percent from the previous year to 184920, led by job losses in the energy sector (52901).2016-03-31T12:41:30"
US Crude Oil Inventories Rise Less than Expected,Crude Oil Stocks Change,"US Crude Oil Inventories Rise Less than ExpectedUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States rose by 2.299 million barrels in the week ended March 25th, 2016, lower than market expectations of a 3 million increase but marking the seventh straight week of rises. In the previous week, stocks went up by 9.357 million barrels. Gasoline stocks declined for the sixth straight week, down by 2.514 million barrels and compared to market expectations of a 2.3 million drop.2016-03-30T15:37:45.827"
US Stocks Rise on Wednesday,Stock Market,"US Stocks Rise on WednesdayUnited States Stock MarketWall Street opened higher on Wednesday, extending Tuesday gains after Fed Chair Yellen said the central bank should be cautious in changing policy and after ADP data showed the US private sector added more jobs in March than markets were expecting. The Dow Jones was up 144 points or 0.82%, the S&P 500 increased 0.75% and the Nasdaq gained 0.99% around 15 minutes after the open. 2016-03-30T14:49:42.657"
US Private Sector Adds 200K Jobs,ADP Employment Change,"US Private Sector Adds 200K JobsUnited States ADP Employment ChangePrivate businesses in the United States hired 200 thousand workers in March of 2016 compared to a downwardly revised 205 thousand in February and beating market expectations of 194 thousand. The service-providing sector added 191 thousand jobs and goods-producing added 9 thousand: trade/transportation/utilities added 42 thousand, professional/business activities added 28 thousand jobs, construction 17 thousand, financial activities 14 thousand and manufacturing 3 thousand.2016-03-30T13:19:34.537"
US Mortgage Applications Down 1%,Mortgage Applications,"US Mortgage Applications Down 1%United States Mortgage ApplicationsMortgage applications in the United States fell 1 percent in the week ended March 25th 2016 from the previous period, following a 3.3 percent drop in the last two weeks while fixed 30-year mortgage rates edged up 1 bps to 3.94 percent, data from the Mortgage Bankers Association showed. Applications to purchase a home rose 2.1 percent and refinance applications shrank 3.3 percent.2016-03-30T12:04:14.873"
Fed Yellen Cautious on Interest Rates,Interest Rate,"Fed Yellen Cautious on Interest RatesUnited States Interest RateIt is appropriate for the Federal Reserve to proceed cautiously in adjusting interest rates due to uncertain growth and inflation outlook and markets turbulence, Chair Janet Yellen said in a speech at the Economic Club of New York. Fed Chair also added that achieving employment and inflation goals are likely to require a somewhat lower path for the federal funds rate than was anticipated in December.2016-03-29T17:50:04.887"
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on Tuesday United States Stock MarketWall Street opened lower on Tuesday amid falling oil prices while investors await Fed Chair Yellen speech later in the day for further clues about the timing of next interest rate hike. The Dow Jones was down 84 points or 0.48%, the S&P 500 declined 0.33% and the Nasdaq lost 0.24% around 14 minutes after the open.2016-03-29T14:48:15"
US S&P Case-Shiller House Prices Up 5.7%,Case Shiller Home Price Index YoY,"US S&P Case-Shiller House Prices Up 5.7%United States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5.7 percent year-on-year in January of 2016, the same as in December and below market expectations of a 5.9 percent increase. Portland (+11.8 percent), Seattle (10.7 percent) and San Francisco (+10.5 percent) recorded the highest gains while Phoenix ended its streak of 12 consecutive months of increasing annual gains (+6.1 percent). On a monthly basis, the S&P/Case-Shiller's 20-City Home Price Index was flat.2016-03-29T14:14:47"
US Pending Home Sales Up 0.7% YoY,Pending Home Sales,"US Pending Home Sales Up 0.7% YoYUnited States Pending Home SalesContracts to buy previously owned US homes increased 0.7 percent in February of 2016 over the same month in the previous year, the lowest performance since August of 2014 when pending home sales declined for the 12th straight month. Compared to the previous month, sales jumped 3.5 percent, following an upwardly revised 3 percent fall in January and compared to market expectations of a 1 percent gain, reaching the highest in seven months. Pending home sales grew in the Midwest (11.4 percent), South (2 percent) and West (0.7 percent) but fell in the Northeast (-0.2 percent).2016-03-28T14:12:31.173"
US Stocks Struggle for Gains,Stock Market,US Stocks Struggle for GainsUnited States Stock MarketWall Street opened higher on Monday but was unable to hold gains amid falling oil prices and weak consumer spending and income data while investors await comments from Fed officials during the week for further clues about next interest rate hike. The Dow Jones and the S&P 500 traded near the flatline while the Nasdaq was down 0.15% around eleven minutes after the open.2016-03-28T13:49:24
US Personal Income Edges Up 0.2% in February,Personal Income,"US Personal Income Edges Up 0.2% in February United States Personal IncomePersonal income in the United States rose 0.2 percent month-on-month in February of 2016, following a 0.5 percent growth in the previous month and beating market expectations of 0.1 percent. The increase was mainly due to a 1.0 percent growth in rental income and a 0.3 percent rise in current transfer receipts.2016-03-28T12:45:34"
US Personal Spending Matches Expectations,Personal Spending,"US Personal Spending Matches ExpectationsUnited States Personal SpendingConsumer spending in the United States edged up 0.1 percent in February from January of 2016, following a downwardly revised 0.1 percent gain in the previous period. Figures came in line with market forecasts as spending on durable goods went up 0.1 percent and services grew 0.4 percent while consumption of nondurables declined 1.1 percent. The personal consumption expenditure price index dropped 0.1 percent.2016-03-28T12:41:46"
US PCE Price Index Falls 0.1%,PCE Price Index Monthly Change,"US PCE Price Index Falls 0.1%United States PCE Price Index Monthly ChangeThe price index for consumer spending decreased by 0.1 percent on the month in February 2016, in contrast to an increase of 0.1 percent in January, mainly due to lower prices for energy goods and services (-6.4 percent). Compared to the same month a year earlier, the PCE price index rose 1 percent easing from 1.2 percent growth in the previous month. Excluding food and energy, prices gained 0.1 percent month-over-month after advancing 0.3 percent in January, while in the 12 months through February, the so-called core PCE price index increased 1.7 percent, the same pace as in January.2016-03-28T12:41:15"
US Corporate Profits Down 8.4% in Q4,Corporate Profits,"US Corporate Profits Down 8.4% in Q4United States Corporate ProfitsCorporate profits in the United States decreased by 8.4 percent to 1380.4 USD Billion in the fourth quarter of 2015 from 1507.7 USD Billion in the previous period, the lowest since the first quarter of 2011. For the whole 2015, corporate profits fell 5.1 percent after 0.6 drop in the previous year.2016-03-25T13:08:52.29"
US GDP Growth Rate Revised Up to 1.4%,GDP Growth Rate,"US GDP Growth Rate Revised Up to 1.4%United States GDP Growth RateThe US economy expanded an annualized 1.4 percent on quarter in the last three months of 2015, higher than a second estimate of 1 percent, according to final figures released by the Bureau of Economic Analysis. 
The US economy expanded an annualized 1.4 percent on quarter in the last three months of 2015, higher than a second estimate of 1 percent, according to final figures released by the Bureau of Economic Analysis. Consumer spending increased more than anticipated and the negative impact from trade came lower than expected while the drag from business inventories was larger.2016-03-25T12:32:13"
US Services Sector Activity Rebounds in March,Services PMI,"US Services Sector Activity Rebounds in MarchUnited States Services PMIThe flash Markit services PMI for the US came in at 51 in March of 2016, higher than 49.7 in the previous month. Payrolls increased at a solid rate but new business expanded at its slowest pace on record and confidence about the business outlook remained subdued. 2016-03-24T13:57:01.3"
US Stocks Fall on Thursday,Stock Market,"US Stocks Fall on ThursdayUnited States Stock MarketWall Street opened lower on Thursday amid a fresh drop in oil prices and a stronger dollar while data released earlier showed durable goods fell 2.8 percent in February compared to market expectations of a 2.9 percent decline while jobless claims came slightly lower than forecasts. The Dow Jones was down 78 points or 0.45%, the S&P 500 declined 0.58% and the Nasdaq lost 0.52% around 11 minutes after the open.2016-03-24T13:50:02.87"
US Durable Goods Orders Down 2.8%,Durable Goods Orders,"US Durable Goods Orders Down 2.8%United States Durable Goods OrdersNew orders for US manufactured durable goods shrank 2.8 percent in February from January of 2016, following a downwardly revised 4.2 percent gain in the previous month and compared to market expectations of a 2.9 percent decline. Excluding transportation, new orders dropped 1 percent and without defense orders fell 1.9 percent.2016-03-24T12:35:52.347"
US Jobless Claims Rise Less Than Expected,Initial Jobless Claims,"US Jobless Claims Rise Less Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 265,000 in the week ended March 19th, an increase of 6,000 from the previous week's revised level of 259,000 while staying below market expectations of 268,000. This marks 55 consecutive weeks of initial claims below 300,000, the longest streak since 1973.2016-03-24T12:32:23"
US Crude Oil Inventories Top Expectations,Crude Oil Stocks Change,"US Crude Oil Inventories Top ExpectationsUnited States Crude Oil Stocks ChangeCrude oil stocks in the United States rose by 9.357 million barrels in the week ended March 18th, 2016, much higher than market expectations of a 3.5 million increase and marking the sixth straight week of rises. In the previous week, stocks went up by 1.317 million barrels. Gasoline stocks declined for the fifth straight week, down by 4.642 million barrels and compared to market expectations of a 1.8 million drop.2016-03-23T14:35:09"
US New Home Sales Up 2%,New Home Sales,"US New Home Sales Up 2%United States New Home SalesSales of new single-family houses in February of 2016 were at a seasonally adjusted annual rate of 512,000, up 2 percent from last month and compared to market expectations of a 3.2 percent rise. Sales rebounded from a downwardly revised 7 percent drop in January, as home sales in the West surged but fell in the remaining three regions. 2016-03-23T14:07:03"
US Stocks Open Lower on Wednesday,Stock Market,"US Stocks Open Lower on WednesdayUnited States Stock MarketWall Street opened lower on Wednesday amid a fall in oil prices and ahead of the new home sales release for February. The Dow Jones was down 44 points or 0.25%, the S&P 500 decreased 0.3% and the Nasdaq lost 0.31% around 10 minutes after the open. 2016-03-23T13:48:18"
US Mortgage Applications Fall for 2nd Week,Mortgage Applications,"US Mortgage Applications Fall for 2nd WeekUnited States Mortgage ApplicationsMortgage applications in the United States fell 3.3 percent in the week ended March 18th 2016 from the previous period, following a 3.3 percent drop last week while fixed 30-year mortgage rates edged down 1 bps to 3.93 percent, data from the Mortgage Bankers Association showed. Applications to purchase a home fell 1 percent and refinance applications shrank 4.9 percent. 
2016-03-23T11:04:18.707"
US Richmond Fed Manufacturing Index at 6-Year High,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index at 6-Year HighUnited States Richmond Fed Manufacturing Index The Richmond Fed Manufacturing Activity Index rose sharply to 22 in March of 2016 from -4 in the previous month, beating market expectations of -1. Manufacturing output in the US fifth district, including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia expanded at its fastest pace since April of 2010, as volume of new orders (24 from -6 in February), shipments (27 from -11) and employment (11 from 9) rose. Meanwhile, manufacturers anticipated robust business conditions for the six months ahead.2016-03-22T14:08:58.353"
US Factory Activity Rises Slightly,Manufacturing PMI,"US Factory Activity Rises SlightlyUnited States Manufacturing PMIThe flash Markit manufacturing PMI for the United States came in at 51.4 in March of 2016, slightly up from 51.3 in the previous month but lower than market expectations of 51.8. Output and new business increased at a slightly faster pace than in February while factory gate prices decreased for the second straight month.2016-03-22T13:52:41"
US Stocks Open Lower,Stock Market,"US Stocks Open Lower United States Stock MarketWall Street traded lower on Tuesday as investors' confidence decreased after terror attacks in Belgium. The Down Jones fell 65 points or 0.37%, the S&P 500 was down 0.39% and the Nasdaq lost 0.25% around 14 minutes after the open.2016-03-22T13:47:57.997"
US House Prices Up 0.5% in January,FHFA House Price Index MoM,"US House Prices Up 0.5% in JanuaryUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.50 percent in January of 2016 over the previous month, the same as an upwardly revised 0.5 percent rise in December and matching market expectations. Year-on-year, the FHFA house price index went up 6.0 percent, higher than a 5.7 percent rise in the previous month.2016-03-22T13:05:49.843"
US Existing Home Sales Slump 7.1%,Existing Home Sales,"US Existing Home Sales Slump 7.1%United States Existing Home SalesSales of previously owned houses in the United States shrank 7.1 percent to a seasonally adjusted annual rate of 5080 thousand in February of 2016, much lower than market expectations of a 2.2 percent drop. Sales of single family declined 7.2 percent and those of condos shrank 6.6 percent. The average price fell 1.5 percent and the months’ worth of supply edged up to 4.4.2016-03-21T14:06:16.5"
Wall Street Struggles for Gains,Stock Market,"Wall Street Struggles for GainsUnited States Stock MarketMarkets in the United States opened slightly lower on Monday following five weeks of gains ahead of the release for existing home sales and after data showed the Chicago Fed National Activity Index turned negative in February. The Dow Jones, the S&P 500 and the Nasdaq traded near the flatline around 10 minutes after the open.2016-03-21T13:47:48"
Chicago Fed National Activity Index Turns Negative,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Turns NegativeUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index declined to -0.29 in February of 2016, following an upwardly revised 0.41 in the previous month. All four broad categories decreased from January, and three of the four categories made negative contributions: the contribution from production-related indicators declined to –0.21 from +0.29; the contribution of the personal consumption and housing category to the moved down to –0.09 from –0.05; sales, orders, and inventories category made a contribution of –0.03, down slightly from –0.02. Employment-related indicators contributed +0.03, down from +0.19 in January. The index’s three-month moving average edged up to –0.07 in February from –0.12 in January and suggests that growth in national economic activity was slightly below its historical trend.2016-03-21T12:41:06"
US Consumer Sentiment Drops to 5-Month Low,Consumer Confidence,"US Consumer Sentiment Drops to 5-Month LowUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment for the United States came in at 90 in March of 2016 from 91.7 in the previous month and hitting its lowest reading since October 2015, as both future expectations and current conditions deteriorated sharply. Markets were expecting the index to rise to 92.2.2016-03-18T14:06:37"
US Stocks Rise on Oil,Stock Market,"US Stocks Rise on OilUnited States Stock MarketWall Street opened higher on Friday, extending Thursday’s gains as oil prices rallied. The Dow Jones was up 82 points or 0.47%, the S&P 500 added 0.38% and the Nasdaq gained 0.33% around ten minutes after the open. 2016-03-18T13:45:16"
US Job Openings Match Expectations,Job Offers,"US Job Openings Match ExpectationsUnited States Job OffersJob openings in the United States increased by 260 thousand to 5.541 million in January of 2016, in line with market expectations and compared to a downwardly revised 5.281 million in the previous month. It is the second highest number since the data begun in 2000. The number of positions waiting to be filled surged by 289 thousand in the private sector and was little changed for government. Job openings increased in wholesale trade (+74,000) and construction (+61,000) but decreased in educational services (-40,000) and state and local government education (-16,000). In the regions, gains were reported in the Midwest.2016-03-17T14:10:25.293"
US Stocks Mixed on Thursday,Stock Market,"US Stocks Mixed on ThursdayUnited States Stock MarketWall Street traded mixed on Thursday, one day after the Federal Reserve left rates on hold amid higher oil prices while data showed current account deficit narrowed less than expected while jobless claims came slightly better than forecasts. The Dow Jones was up 23 points or 0.13% while the S&P 500 and the Nasdaq traded near the flatline around 7 minutes after the open. 2016-03-17T13:53:04.5"
US Philadelphia Fed Manufacturing Turns Positive in March,Philadelphia Fed Manufacturing Index,"US Philadelphia Fed Manufacturing Turns Positive in MarchUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index came in at 12.4 in March of 2016 from -2.8 in February, well above market expectations of -1.7. It was the first positive reading in seven months and the highest since February of 2015. Both new orders and shipments improved while inventories and employment remained in negative territory. Prices received for manufactured goods increased for the first time in nine months. 2016-03-17T12:43:22"
US Current Account Deficit Narrows in Q4,Current Account,"US Current Account Deficit Narrows in Q4United States Current AccountThe current account gap in the United States decreased to USD 125.3 billion or 2.8 percent of the GDP in the last quarter of 2015 from an upwardly revised USD 129.9 billion gap in the previous three months. The deficit on goods and services fell to USD 133.7 billion from USD 138.6 billion, mainly driven by a 3.5 percent drop in exports of goods, largely due to petroleum and chemicals while imports of goods went down 2.8 percent. The deficit on secondary income decreased 6.5 percent to USD 34.3 billion while the surplus on primary income narrowed 5.7 percent to USD 42.8 billion.2016-03-17T12:43:08.61"
US Jobless Claims Rise to 265K,Initial Jobless Claims,"US Jobless Claims Rise to 265KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 265,000 in the week ended March 12th, an increase of 7,000 from the previous week's revised level of 258,000 while staying below market expectations of 268,000. This marks 54 consecutive weeks of initial claims below 300,000, the longest streak since 1973.2016-03-17T12:32:26"
Fed Leaves Rates Steady,Interest Rate,Fed Leaves Rates SteadyUnited States Interest RateThe Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the second time during its FOMC meeting held in March 2016. Policymakers said economic activity has been expanding at a moderate pace but lowered GDP growth and inflation estimates for this year. 2016-03-16T18:00:48
US Crude Oil Stocks Rise Less than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise Less than ExpectedUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States rose by 1.317 million barrels in the week ended March 11th, 2016, lower than market expectations of a 3.4 million rise. In the previous week, stocks went up by 3.88 million barrels. Gasoline stocks declined for the fourth straight week, down by 747 million barrels in the week ended March 11th, 2016 and compared to market expectations of a 2.33 million drop. 2016-03-16T14:37:02.767"
US Stocks Trade Mixed,Stock Market,"US Stocks Trade Mixed United States Stock MarketWall Street opened mixed on Wednesday after data showed the inflation rate came roughly in line with expectations, housing starts came better than forecasts while building permits and industrial production fell more than anticipated. Investors also await the Fed’s monetary policy decision later in the day where no changes in interest rate are expected.  The Dow Jones and the S&P 500 traded near the flatline and the Nasdaq gained 0.1% around 20 minutes after the open. 2016-03-16T13:58:55.24"
US Industrial Production Falls More than Expected,Industrial Production Mom,"US Industrial Production Falls More than ExpectedUnited States Industrial Production MomIndustrial production in the United States declined 0.5 percent in February of 2016 from the previous month, following a downwardly revised 0.8 percent gain in January. Figures came worse than market expectations of a 0.3 percent drop as sizable declines in utilities and mining outweighed a gain of 0.2 percent for manufacturing.2016-03-16T13:24:30"
US Core Inflation Rate at Nearly 4-Year High,Core Inflation Rate,"US Core Inflation Rate at Nearly 4-Year HighUnited States Core Inflation RateAnnual core inflation in the United States which excludes prices of food and energy accelerated for the fourth consecutive month to 2.3 percent in February of 2016, the highest figure since May of 2012. Upward pressure came from prices of services less energy (3.1 percent compared to 3 percent in January), namely shelter (3.3 percent compared to 3.2 percent in January), medical care (3.9 percent from 3.3 percent in January) and transportation services (2.6 percent from 2.7 percent in January). On a monthly basis, core consumer prices increased 0.3 percent. Increases in the indexes for shelter, apparel, and medical care were the largest contributors to the rise.2016-03-16T13:05:53.423"
US Building Permits Fall 3.1% in February,Building Permits,"US Building Permits Fall 3.1% in FebruaryUnited States Building PermitsBuilding permits for privately-owned housing units in the United States decreased by 3.1 percent month-over-month to a seasonally adjusted annual rate of 1,167,000 in February of 2016 following a 0.2 percent drop in the previous month. Authorizations of units in buildings with five units fell 9.1 percent to a rate of 401,000 while single-family authorizations increased by 0.4 percent to a rate of 731,000. Compared to the same month in the previous year, building permits rose 6.3 percent.2016-03-16T12:51:41.143"
US Inflation Rate Slows to 1%,Inflation Rate,"US Inflation Rate Slows to 1%United States Inflation RateConsumer prices in the United States went up 1 percent year-on-year in February of 2016, slowing from a 1.4 percent increase in the previous month due to lower energy cost. Core inflation accelerated for the fourth straight month to 2.3 percent, reaching the highest since May of 2012 as cost of rents and medical care increased at a faster pace. 2016-03-16T12:36:28"
US Housing Starts at 5-Month High,Housing Starts,"US Housing Starts at 5-Month HighUnited States Housing StartsHousing starts in the Unites States increased by a higher-than-expected 5.2 percent to a seasonally adjusted annual rate of 1178 thousand in February 2016, compared to an upwardly revised 1120 thousand in the previous month. It was the highest reading since September last year, as starts of single-family houses increased by 7.2 percent to 822 thousand and starts of buildings with five units or more went up 2.4 percent to 341 thousand. Housing starts rose in the West (+26.1 percent), Midwest (+19.9 percent) and South (+7.1 percent), offsetting a fall in the Northeast (-51.3 percent). Year-on-year, housing starts jumped 30.9 percent.2016-03-16T12:34:01"
US Mortgage Applications Down 3.3%,Mortgage Applications,"US Mortgage Applications Down 3.3%United States Mortgage ApplicationsMortgage applications in the United States fell 3.3 percent in the week ended March 11th 2016 from the previous period, following a 0.2 percent gain last week while fixed 30-year mortgage rates increased 5 bps to 3.94 percent, data from the Mortgage Bankers Association showed. Applications to purchase a home rose 0.3 percent while refinance applications shrank 5.6 percent. 2016-03-16T11:05:11.13"
Foreigners Buy $118.4 Billion of US Assets in January,Capital Flows,"Foreigners Buy $118.4 Billion of US Assets in January  United States Capital FlowsOverseas investors bought $118.4 billion of US assets, including short-dated instruments in January of 2016, after selling a downwardly revised $106.8 billion in December. However, foreigners sold $12 billion of long-term US securities in January, including government and corporate, after selling $29.4 billion in the previous month. Foreign investors also sold $50.4 billion of US Treasuries, after sales of $35.9 billion in December.2016-03-15T20:07:28"
US Business Inventories Up 0.1%,Business Inventories,"US Business Inventories Up 0.1%United States Business InventoriesManufacturers’ and trade inventories in the United States increased by 0.1 percent month-on-month in January of 2016, the same as in the previous month and better than market estimates of a flat reading. Retail inventories excluding autos, which go into the calculation of GDP, increased by 0.2 percent, the same as in December. Year-on-year, inventories were up 1.8 percent.2016-03-15T14:09:07.2"
US Stocks Fall on Lower Oil Prices,Stock Market,"US Stocks Fall on Lower Oil PricesUnited States Stock MarketWall Street opened lower on Tuesday, following earlier losses in Asia and Europe after the Bank of Japan left monetary policy unchanged while oil prices continue to slide. The Dow Jones was down 100 points or 0.58%, the S&P 500 fell 0.64% and the Nasdaq lost 0.58% around 9 minutes after the open. 2016-03-15T13:43:30.563"
NY Empire State Manufacturing Index at 8-Month High,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index at 8-Month HighUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index came in at 0.62 in March of 2016 compared to -16.64 in the previous month and beating market expectations of -10. It was its first positive reading since July last year, as the new orders and shipments indexes rose well above zero for the first time in several months while employment levels were steady. The six-month outlook improved, with the index for future new orders rising to its highest level in more than a year.2016-03-15T12:45:05"
US Producer Prices Fall 0.2% in February,Producer Price Inflation MoM,"US Producer Prices Fall 0.2% in February United States Producer Price Inflation MoMProducer prices for final demand in the United States fell 0.2 percent on the month in February 2016, following a 0.1 percent rise in the previous month and matching market expectations. Prices for final demand goods dropped 0.6 percent, the third consecutive decline, as prices for final demand energy (-3.4 percent) and final demand foods (-0.3 percent) moved down. Meantime, prices for final demand services were unchanged. Compared to the same month of the previous year, producer prices showed no growth. 2016-03-15T12:36:30"
US Retail Sales Down 0.1%,Retail Sales MoM,"US Retail Sales Down 0.1%United States Retail Sales MoMRetail sales in the United States edged down 0.1 percent in February from the previous month, in line with market expectations and following a revised 0.4 percent drop in the previous month. Receipts at gasoline stations shrank 4.4 percent and auto sales declined 0.2 percent. 2016-03-15T12:35:12"
US Stocks Fall on Lower Oil Prices,Stock Market,"US Stocks Fall on Lower Oil PricesUnited States Stock MarketWall Street opened lower on Monday as oil prices tumbled after some news reported Iran’s Oil minister the country would freeze production until its own output rose to 4 million barrels a day. The Dow Jones was down 35 points or 0.21%, the S&P 500 fell 0.27% and the Nasdaq lost 0.2% around 8 minutes after the open. 2016-03-14T13:51:05.937"
US Stocks Open 1% Higher,Stock Market,"US Stocks Open 1% HigherUnited States Stock MarketWall Street opened higher on Friday, following earlier gains in Asia and Europe, as rising oil prices and a better-than-expected stimulus package from the ECB increased investors' appetite for risk. The Dow Jones was up 173 points or 1%, the S&P 500 went up 1% and the Nasdaq gained 1.1% 14 minutes after the opening.  2016-03-11T14:50:00"
US Export Prices Fall for 9th Month,Export Prices MoM,"US Export Prices Fall for 9th MonthUnited States Export Prices MoMExport prices in the United States declined 0.4 percent in February from January of 2016, compared to market expectations of a 0.5 percent decline and following a 0.8 percent drop in the previous period. It is the ninth straight monthly fall in export prices as declining non agricultural cost (-0.4 percent) more than offset rising agricultural prices (+0.6 percent). Year-on-year, the price index for overall exports fell 6 percent.2016-03-11T13:38:35"
US Import Prices Fall Less Than Expected,Import Prices MoM,"US Import Prices Fall Less Than ExpectedUnited States Import Prices MoMImport prices in the United States decreased by 0.3 percent on the month in February of 2016, following a downwardly revised 1 percent drop in the previous month while beating market consensus of 0.6 percent fall. It was the smallest drop since October last year, as prices for import fuel declined at a slower 3.9 percent, after decreasing 13.3 percent in January. Also, non-fuel prices edged down 0.1 percent. Compared to the same month in the previous year, import prices dropped 6.1 percent.2016-03-11T13:36:11"
US Reports $193 Billion Budget Gap in February,Government Budget Value,"US Reports $193 Billion Budget Gap in FebruaryUnited States Government Budget ValueThe United States recorded a budget deficit of USD 193 billion in February of 2016, compared with a USD 192 billion gap in the same month a year earlier and market expectations of a USD 200 billion shortfall. 2016-03-10T19:13:15"
US Stocks Rise on Thursday,Stock Market,"US Stocks Rise on ThursdayUnited States Stock MarketWall Street opened higher on Thursday amid gains in Europe after the ECB cut rates and expanded quantitative easing. The Dow Jones was up 39 points or 0.23%, the S&P 500 increased 0.34% and the Nasdaq gained 0.48% around 12 minutes after the open.2016-03-10T14:47:11.547"
US Jobless Claims at 5-Month Low,Initial Jobless Claims,"US Jobless Claims at 5-Month LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 259,000 in the week ended March 5th, a decrease of 18,000 from the previous week's revised level of 277,000 and hitting its lowest level since October 17th. The reading came in better than expected, pointing to sustained strength in the labor market. 2016-03-10T13:35:50"
US Crude Oil Stocks Match Expectations,Crude Oil Stocks Change,"US Crude Oil Stocks Match ExpectationsUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States rose by 3.88 million barrels in the week ended March 4th, 2016 to a total of 521.9 million barrels, in line with market expectations. In the previous week, stocks went up by 10.374 million barrels.2016-03-09T15:41:10"
US Gasoline Stocks Post Biggest Fall in Nearly 2 Years,Gasoline Stocks Change,"US Gasoline Stocks Post Biggest Fall in Nearly 2 YearsUnited States Gasoline Stocks ChangeStocks of gasoline in the United States declined for the third straight week, down by 4526 million barrels in the week ended March 4th, 2016 and compared to market expectations of a 1.39 million drop. It is the biggest decline since April of 2014.2016-03-09T15:37:52"
US Wholesale Inventories Rise 0.3%,Wholesale Inventories,"US Wholesale Inventories Rise 0.3%United States Wholesale InventoriesUS wholesale inventories unexpectedly rose by 0.3 percent on the month in January 2016, after showing no growth in December, as sales declined by 1.3 percent. Inventories of nondurable goods were up 1.1 percent while stocks of durable goods were down 0.3 percent. At January's sales pace it would take 1.35 months to clear shelves, the highest ratio since April 2009. 2016-03-09T15:14:29"
US Stocks Gain on Wednesday,Stock Market,"US Stocks Gain on WednesdayUnited States Stock MarketWall Street opened higher on Wednesday amid a rally in oil prices and gains in European shares as investors await ECB’s policymakers to announce further stimulus measures on Thursday. The Dow jones was up 47 points or 0.28%, the S&P 500 added 0.31% and the Nasdaq gained 0.16% around 9 minutes after the open. 2016-03-09T14:43:43.4"
US Mortgage Applications Up 0.2%,Mortgage Applications,"US Mortgage Applications Up 0.2%United States Mortgage ApplicationsMortgage applications in the United States edged up 0.2 percent in the week ended March 4th 2016 from the previous period, following a 4.8 percent drop last week while fixed 30-year mortgage rates increased 6 bps to 3.89 percent, data from the Mortgage Bankers Association showed. It is the first increase in three weeks as applications to purchase a home rose 4.2 percent while refinance applications shrank 2.3 percent. 2016-03-09T12:07:42"
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on TuesdayUnited States Stock MarketWall Street opened lower on Tuesday, following earlier losses in Asia and Europe after trade data for China came worse than expected, adding further concerns over global growth. The Dow Jones was down 105 points or 0.62%, the S&P 500 fell 0.75% and the Nasdaq lost 0.86% around 10 minutes after the open.2016-03-08T14:46:40"
US Consumer Credit Change Below Expectations,Consumer Credit,"US Consumer Credit Change Below ExpectationsUnited States Consumer CreditConsumer credit in the United States increased by 10.54 USD billion in January of 2016 following an upwardly revised 21.38 USD billion rise in December and well below market expectations of a 17 USD billion gain. Revolving credit fell by USD 1.05 billion, compared to a downwardly revised USD 5.47 billion in the previous month while non-revolving credit rose by USD 11.59 billion, after increasing an upwardly revised USD 15.92 billion. 2016-03-07T20:09:08.35"
US Stocks Fall Slightly,Stock Market,"US Stocks Fall SlightlyUnited States Stock MarketWall Street traded slightly lower on Monday after gaining in the previous four days amid losses in Europe and mixed results in Asia while oil prices sustained gains. The Dow Jones was down 41 points or 0.25%, the S&P 500 declined 0.36% and the Nasdaq lost 0.44% around 9 minutes after the open.2016-03-07T14:51:30.75"
"US Stocks Recover on Jobs, Oil",Stock Market,"US Stocks Recover on Jobs, OilUnited States Stock MarketUS equities gained on Friday afternoon, with three major indexes reaching the highest since January amid a better than expected nonfarm payrolls report and higher oil prices. The Dow Jones was up 64 points or 0.38% to 17008, the S&P 500 added 7 points or 0.49% to 2001 and the Nasdaq gained 17 points 0.37% to 4724 around 2:20 PM NY time.2016-03-04T17:29:14"
US Stocks Struggle for Gains,Stock Market,"US Stocks Struggle for GainsUnited States Stock MarketWall Street opened slightly higher on Friday after a better-than-expected payroll number for February but failed to sustain gains, mainly dragged down by utilities shares. The Dow Jones was down 24 points or 0.14%, the S&P 500 declined 0.12% and the Nasdaq fell 0.18% around 17 minutes after the open.2016-03-04T14:51:27.56"
US Imports Hit The Lowest Since April 2011,Imports,"US Imports Hit The Lowest Since April 2011United States ImportsImports in the United States shrank 1.3 percent to $222.13 billion in January of 2016, following a 0.3 percent rise in the previous month and touching the lowest value since April of 2011. Purchases of goods decreased $2.9 billion to $180.6 billion. Imports of services increased less than $0.1 billion to $41.5 billion.2016-03-04T14:13:56"
US Exports Down to 5-1/2-Year Low,Exports,"US Exports Down to 5-1/2-Year LowUnited States ExportsExports in the United States fell 2.1 percent to $176.46 billion in January of 2016, hitting the lowest in more than 5-1/2-year low. Sales of goods decreased $4.0 billion to $116.9 billion: capital goods declined $1.2 billion, industrial supplies and materials fell $0.9 billion, fuel oil dropped $0.7 billion and consumer goods decreased $0.8 billion. Exports of services increased $0.2 billion to $59.6 billion: travel (for all purposes including education) increased $0.2 billion and transport, which includes freight and port services and passenger fares, increased $0.1 billion.2016-03-04T14:11:47"
US Trade Deficit Hits 5-Month High on Falling Exports,Balance of Trade,"US Trade Deficit Hits 5-Month High on Falling ExportsUnited States Balance of TradeThe US trade gap widened to USD 45.68 billion in January of 2016 from an upwardly revised USD 44.7 billion deficit in the previous month and above market expectations of USD 44 billion. Exports fell the most in six months, hitting the lowest in more than 5-1/2-years while imports declined to the lowest since April of 2011.2016-03-04T13:40:55"
US Economy Adds 242K Jobs in February,Non Farm Payrolls,"US Economy Adds 242K Jobs in FebruaryUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 242,000 in February of 2016, higher than an upwardly revised 172,000 in the previous month and beating market expectations of 190,000. Employment gains occurred in health care and social assistance, retail trade, food services and drinking places, and private educational services. Job losses continued in mining.2016-03-04T13:32:33"
US Jobless Rate Flat at 4.9%,Unemployment Rate,"US Jobless Rate Flat at 4.9%United States Unemployment RateUnemployment rate in the United States was recorded at 4.9 percent in February 2016, unchanged from the January rate and remaining at its lowest level since April of 2008, as the number of unemployed persons was unchanged. Over the year, the unemployment rate and the number of unemployed persons were down by 0.6 percentage point and 831,000, respectively.2016-03-04T13:32:23"
US ISM Non Manufacturing PMI at Fresh 2-Year Low,Non Manufacturing PMI,US ISM Non Manufacturing PMI at Fresh 2-Year LowUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index declined 0.1 percentage points to 53.4 percent in February of 2016 from 53.5 in the previous month and compared to market expectations of 53.2. It is the lowest reading since February of 2014 as new orders and prices decreased and employment contracted for the first time in two years. 2016-03-03T15:09:42.947
US Manufacturers New Orders Up 1.6% in January,Factory Orders,"US Manufacturers New Orders Up 1.6% in JanuaryUnited States Factory OrdersNew orders for manufactured goods in the United States increased by a lower-than-expected 1.6 percent month-on-month in January of 2016 following a 2.9 percent slump in the previous month. It was the biggest rise since June last year, led by orders for transport equipment (+11.4 percent). Also, orders for durable goods went up 4.7 percent while those for nondurables declined by 1.4 percent.2016-03-03T15:08:49"
US Private Sector Activity Stagnates,Composite Pmi,"US Private Sector Activity StagnatesUnited States Composite PmiThe final Markit US Composite PMI came in at 50 in February of 2016, compared to a flash reading of 50.1 and 53.2 in the previous month. Private sector activity stagnated for the first time since October of 2013 as services contracted (PMI at 49.7) and manufacturing slowed (PMI at 51.3).2016-03-03T14:58:08.327"
US Markit Services PMI at 2-1/2-Year Low,Services PMI,"US Markit Services PMI at 2-1/2-Year LowUnited States Services PMIThe final Markit US Services PMI came in at 49.7 in February of 2016, compared to a flash reading of 49.8 and 53.2 in the previous month, posting the first contraction in services activity since October of 2013. New business volumes expanded at the slowest rate since January 2015 and service providers were the least optimistic about their growth prospects for five-and-a-half years.2016-03-03T14:54:47.873"
US Stocks Fall on Thursday,Stock Market,"US Stocks Fall on ThursdayUnited States Stock MarketWall Street opened lower on Thursday after closing in the green in the previous two days amid a fall in oil prices and just ahead of service sector reports from Markit and ISM and jobs report on Friday. Before the open, data showed initial jobless claims came in at 278K, slightly up from market expectations of 271K while productivity fell less than expected. The Dow Jones was down 37 points or 0.22%, the S&P 500 lost 0.17% and the Nasdaq fell 0.15% around 9 minutes after the open.2016-03-03T14:48:07.267"
US Labour Costs Below Estimates,Labour Costs,"US Labour Costs Below EstimatesUnited States Labour CostsUnit labor costs in the US nonfarm business sector increased 3.3 percent in the last three months of 2015, lower than a 4.5 percent rise earlier estimated but higher than a downwardly revised 0.4 percent gain in the previous period, final figures showed. Hourly compensation went up 1.1 percent while productivity fell 2.2 percent. Year-on-year, unit labor costs increased 2.1 percent.2016-03-03T13:47:10.967"
US Productivity Falls Less than Expected,Productivity,"US Productivity Falls Less than ExpectedUnited States ProductivityHourly output per worker in nonfarm sector fell at a seasonally adjusted annual rate of 2.2 percent quarter-on-quarter in last three months of 2015, compared to an initial estimate of a 3 percent drop and following a downwardly revised 2 percent gain in the previous period, final figures showed.  It is the fastest drop since the first quarter of 2014 as output increased 1.0 percent and hours worked went up 3.2 percent. Considering full 2015, average productivity increased 0.7 percent from 2014.2016-03-03T13:41:29.5"
US Jobless Claims at 4-Week High,Initial Jobless Claims,"US Jobless Claims at 4-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 278,000 in the week ended February 27th, an increase of 6,000 from the previous week's level of 272,000 and staying above market expectations of 271,000. 2016-03-03T13:34:14.763"
US Planned Layoffs Fall in February,Challenger Job Cuts,"US Planned Layoffs Fall in February United States Challenger Job CutsThe number of announced corporate layoffs in the United States fell 18 percent to 61599 in February of 2016 from a six-month high of 75114 in January. The energy sector announced plans to cut 25,051 jobs, the highest figure among industries. Year-on-year, planned job cuts rose 22 percent. Considering the first two months of 2016, job cuts totaled 136713, up 32 percent from the same period in 2015.2016-03-03T12:34:32"
US Crude Oil Stocks Rise More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise More than ExpectedUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States rose by 10.374 million barrels in the week ended February 26th, 2016, following a 3.502 million rise in the previous month and much higher than market expectations of a 3.5 million increase. It is the biggest gain since April of 2015. In contrast, stocks of gasoline declined for the second straight week, down by 1468 million barrels, and compared to market expectations of a 1.45 million drop.2016-03-02T15:37:24.31"
New York Business Activity Growth Slows,Ism New York Index,"New York Business Activity Growth SlowsUnited States Ism New York IndexThe ISM NY Current Business Conditions Index decreased to 53.6 in February of 2016 from 54.6 in the previous month, falling for the second consecutive month and reaching the lowest since September last year. At the company level, employment (49.3 from 56.9) and prices paid (54.2 from 60.7) decreased while quantity of purchases (58 from 46.4), current (56.3 from 45.8) and expected (58.3 from 50) revenues increased. The 6-month outlook improved to 66.3 from 63.3. 2016-03-02T14:55:16"
US Stocks Fall on Wednesday,Stock Market,"US Stocks Fall on WednesdayUnited States Stock MarketWall Street traded lower on Wednesday after a strong rally on Tuesday as oil prices remain volatile and despite a better-than-expected Adp employment report. The Dow Jones was down 53 points or 0.32%, the S&P 500 fell 0.21% and the Nasdaq lost 0.13% around 9 minutes after the open.2016-03-02T14:44:04"
US Private Sector Adds 214K Jobs,ADP Employment Change,"US Private Sector Adds 214K JobsUnited States ADP Employment ChangePrivate businesses in the United States hired 214 thousand workers in February of 2016 compared to a downwardly revised 193 thousand in January and beating market expectations of 190 thousand. The service-providing sector added 208 thousand jobs and goods-producing added 5 thousand: professional/business activities added 59 thousand jobs, construction 27 thousand, trade/transportation/utilities 20 thousand, financial activities 8 thousand while manufacturing lost 9 thousand jobs. 2016-03-02T13:17:41"
US Mortgage Applications Down 4.8%,Mortgage Applications,"US Mortgage Applications Down 4.8%United States Mortgage ApplicationsMortgage applications in the United States fell 4.8 percent in the week ended February 26th 2016 from the previous period, following a 4.3 percent drop last week while fixed 30-year mortgage rates edged down 2 bps to 3.83 percent, data from the Mortgage Bankers Association showed. It is the biggest decline in mortgage applications so far this year as refinance applications shrank 7.2 percent and applications to purchase a home increased 0.6 percent.2016-03-02T12:07:50.167"
US IBD/TIPP Economic Optimism at 4-Month Low,Economic Optimism Index,"US IBD/TIPP Economic Optimism at 4-Month LowUnited States Economic Optimism IndexThe IBD/TIPP Optimism Index in the United States decreased 1 point to 46.8 in March of 2016 from 47.8 in February, hitting its lowest level since November of 2015. The six-month economic outlook declined 1.3 points to 41.2 (the lowest since December 2013). But respondents were more optimistic about their own personal financial outlook, which rose 0.1 point to 58.1 while the sentiment over federal economic policies fell 1.6 points to 41.8. 
2016-03-01T15:18:47.447"
US ISM Manufacturing PMI at 5-Month High,Business Confidence,"US ISM Manufacturing PMI at 5-Month HighUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI came in at 49.5 in February of 2016, higher than 48.2 in January and above market expectations of 48.5. Manufacturing activity shrank for the fifth consecutive month although at a slower pace as production, employment and prices all increased. 2016-03-01T15:09:49"
US Construction Spending Rises 1.5% in January,Construction Spending,"US Construction Spending Rises 1.5% in JanuaryUnited States Construction SpendingConstruction spending in the United States increased by a better-than-expected 1.5 percent month-over-month to a seasonally adjusted annual rate of $1,140.8 billion in January of 2016 compared to an upwardly revised 0.6 percent growth in the previous month. It was the highest growth rate recorded since May last year, as public construction jumped 4.5 percent, boosted by educational and highway construction; and private construction went up by 0.5 percent, driven by 1 percent rise in nonresidential structures. Year-on-year, the value of construction went up by 10.4 percent.2016-03-01T15:08:50.273"
US Markit Manufacturing PMI Revised Slightly Up,Manufacturing PMI,"US Markit Manufacturing PMI Revised Slightly UpUnited States Manufacturing PMIThe final Markit US manufacturing PMI came in at 51.3 in February of 2016, higher than a preliminary reading of 51 but the second-lowest reading since October of 2012. Growth in production volumes slowed to a 28-month low, job growth moderated to a five-month low and producer prices recorded the biggest decline since June of 2012.2016-03-01T14:56:26"
Wall Street Opens Higher,Stock Market,"Wall Street Opens HigherUnited States Stock MarketUS equities opened higher on Tuesday amid earlier gains in Asia and Europe and volatile oil prices while data for manufacturing PMI, ISM manufacturing, construction spending and auto sales will be released during the day. The Dow Jones gained 68 points or 0.42%, the S&P 500 was up 0.5% and the Nasdaq increased 0.55% around 10 minutes after the open. 2016-03-01T14:45:50"
US Pending Home Sales Rise 1.4% in January,Pending Home Sales,"US Pending Home Sales Rise 1.4% in JanuaryUnited States Pending Home SalesContracts to buy previously owned US homes increased by 1.4 percent in January of 2016 over the same month in the previous year, the smallest gain since September of 2014. Compared to the previous month, pending home sales index declined sharply by 2.5 percent after rising an upwardly revised 0.9 percent in December while missing market expectations of a 0.5 percent growth. The recent acceleration in home prices along with a minimal inventory throughout the country was the main obstacle holding back would-be buyers. Pending home sales tumbled 3.2 percent in the Northeast, 4.9 percent in the Midwest, but rose 0.3 percent in the South.2016-02-29T15:06:37"
Chicago PMI Below Expectations,Chicago Pmi,"Chicago PMI Below Expectations United States Chicago PmiThe Chicago PMI in the United States fell by 8 points to 47.6 in February of 2016, much lower than market expectations of 53, mainly due to falls in production and new orders with only supplier deliveries posting an increase. 2016-02-29T14:56:42.233"
US Stocks Open Little Changed,Stock Market,US Stocks Open Little ChangedUnited States Stock MarketWall Street struggled for gains on Monday amid higher oil prices as investors weight PBoC decision to lower the reserve requirement ratio and yuan devaluation. The Dow Jones and the S&P 500 were trading near the flatline while the Nasdaq gained 0.12% around 8 minutes after the open.2016-02-29T14:51:28.573
"US Personal Spending, Income Up 0.5% in January",Personal Spending,"US Personal Spending, Income Up 0.5% in JanuaryUnited States Personal SpendingPersonal consumption expenditures increased sharply by 0.5 percent from preceding month in January of 2016 following an upwardly revised 0.1 percent growth in December while beating market expectations of 0.3 percent, boosted by higher purchases of durable goods (+1.2 percent) and services (+0.6 percent). Income went up 0.5 percent, compared to 0.3 percent in December and above forecasts, led by an increase of 0.6 percent in wages and salaries.2016-02-26T15:15:11"
US Consumer Sentiment Falls Less than Expected,Consumer Confidence,"US Consumer Sentiment Falls Less than ExpectedUnited States Consumer ConfidenceThe final University of Michigan's consumer sentiment for the United States came in at 91.7 in February of 2016, down from 92 in the previous month but better than a preliminary estimate of 90.7. Both current and future expectations decreased and the 5 to 10 years inflation outlook eased.2016-02-26T15:10:57.03"
US Stocks Trade Higher,Stock Market,"US Stocks Trade HigherUnited States Stock MarketMarkets in the US opened higher on Friday as revised data showed the GDP expanded at a faster 1 percent, higher than a 0.7 percent advance estimate while oil prices rallied. The Dow Jones was up 81 points or 0.49%, the S&P 500 added 0.52% and the Nasdaq gained 0.71% around 10 minutes after the open.2016-02-26T14:46:17"
US GDP Growth Revised Up to 1%,GDP Growth Rate,"US GDP Growth Revised Up to 1%United States GDP Growth RateThe US economy expanded an annualized 1 percent on quarter in the last three months of 2015, higher than a preliminary figure of 0.7 percent, according to the second estimate released by the Bureau of Economic Analysis. Business inventories were revised higher and the negative impact from trade came lower than expected while consumer spending was revised down.2016-02-26T13:34:40"
US Stocks Mixed on Thursday,Stock Market,"US Stocks Mixed on ThursdayUnited States Stock MarketWall Street traded mixed on Thursday after gaining in the previous day amid volatile oil prices and despite better than expected durable goods data. The Dow Jones was up 19 points or 0.12%, the S&P 500 traded around the flatline and the Nasdaq fell 0.17% around 13 minutes after the open. 2016-02-25T14:49:28.053"
US House Prices Growth Slow,FHFA House Price Index MoM,"US House Prices Growth Slow United States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.50 percent in December of 2015 over the previous month, slowing from an upwardly revised 0.6 percent rise in November and below market expectations of a 0.5 percent gain. Year-on-year, the FHFA house price index went up 5.7 percent, slower than a 5.9 percent rise in the previous month.2016-02-25T14:06:22.71"
US Durable Goods Orders Rebound in January,Durable Goods Orders,"US Durable Goods Orders Rebound in JanuaryUnited States Durable Goods OrdersNew orders for US manufactured durable goods jumped 4.9 percent in January of 2016, rising for the first time in three months, following a downwardly revised 4.6 percent fall in December. It is the biggest gain in ten months, higher than market expectations of a 2.5 percent increase. Excluding transportation, new orders went up 1.8 percent and without defense orders increased 4.5 percent. 2016-02-25T13:45:34"
US Jobless Claims Rise to 272K,Initial Jobless Claims,"US Jobless Claims Rise to 272KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 272,000 in the week ended February 20th, an increase of 10,000 from the previous week's level of 262,000 and staying above market expectations of 270,000.2016-02-25T13:32:51.043"
US Crude Oil Stocks Rise Slightly More than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise Slightly More than ExpectedUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States rose by 3.502 million barrels in the week ended February 19th, 2016, following a 2.147 million rise in the previous month and higher than market expectations of a 3.3 million increase. In contrast, stocks of gasoline declined for the first time in three months, down by 2.236 million barrels, and compared to market expectations of a 1 million drop. 2016-02-24T15:40:17"
US New Home Sales Down 9.2%,New Home Sales,"US New Home Sales Down 9.2%United States New Home SalesSales of new single-family houses in January of 2016 were at a seasonally adjusted annual rate of 494,000, down 9.2 percent from last month and well below market expectations. It is the lowest figure in three months as sales in the West fell the most in nearly six years. 2016-02-24T15:03:57"
US Service Sector Shrinks in February,Services PMI,"US Service Sector Shrinks in FebruaryUnited States Services PMIThe Markit flash US Services PMI came in at 49.8 in February of 2016, down from 53.2 in January and lower than market expectations of 53.5. It is the first decline in services sector business activity since October of 2013 due to a snow disruption in East coast and lower new work while job growth was sustained. Yet, business outlook fell to its lowest since August of 2010. 2016-02-24T14:53:15.85"
US Stocks Fall on Lower Oil Prices,Stock Market,"US Stocks Fall on Lower Oil PricesUnited States Stock MarketWall Street opened lower on Wednesday as oil prices continue to slide and following earlier losses in Asia and Europe. The Dow Jones fell 181 points or 1.1%, the S&P 500 was down 1.14% and the Nasdaq declined 1.28% around 10 minutes after the open. 2016-02-24T14:44:01.17"
US Mortgage Applications Down 4.3%,Mortgage Applications,"US Mortgage Applications Down 4.3%United States Mortgage ApplicationsMortgage applications in the United States fell 4.3 percent in the week ended February 19th 2016 from the previous period, following an 8.2 percent surge last week as fixed 30-year mortgage rates increased for the first time so far this year by 2 bps to 3.85 percent, data from the Mortgage Bankers Association showed. Refinance applications shrank 7.7 percent while applications to purchase a home increased 2.2 percent.2016-02-24T12:07:01.607"
US Richmond Fed Manufacturing Index Below Estimates,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Below Estimates United States Richmond Fed Manufacturing Index The Richmond Fed Manufacturing Activity Index went down to -4 in February of 2016 from 2 in the previous month, missing market expectations of 2. Manufacturing output in the US fifth district, including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia contracted for the first time in three months: volume of new orders (-6 from 4 in January) and shipments (-11 from -6) fell while employment was steady at 9.2016-02-23T15:10:18"
US Existing Home Sales at 6-Month High,Existing Home Sales,"US Existing Home Sales at 6-Month HighUnited States Existing Home SalesSales of previously owned houses in the United States increased 0.4 percent to a seasonally adjusted annual rate of 5470 thousand in January of 2016, beating market expectations of a 2.9 percent drop. Sales of single family went up 1 percent while those of condos shrank 4.7 percent. The average price fell 3.2 percent and the months’ worth of supply edged up to 4. 2016-02-23T15:09:56.43"
US Stocks Fall on Tuesday,Stock Market,"US Stocks Fall on TuesdayUnited States Stock MarketWall Street opened lower on Tuesday, following gains in the previous day as oil prices retreated. The Dow Jones declined 62 points or 0.37%, the S&P 500 fell 0.49% and the Nasdaq lost 0.48% fewvminutes after the opening.2016-02-23T14:47:06"
US S&P Case-Shiller Home Price Growth Slows,Case Shiller Home Price Index YoY,"US S&P Case-Shiller Home Price Growth SlowsUnited States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5.7 percent year-on-year in December 2015, following a downwardly revised 5.7 percent increase in November and below market expectations of 5.8 percent. Portland (+11.4 percent), San Francisco (+10.3 percent) and Denver (+10.2 percent) continue to report the highest gains while Phoenix had the longest streak (+6.3 percent), rising for the twelfth straight month. On a monthly basis, the S&P/Case-Shiller's 20-City Home Price Index was flat.2016-02-23T14:16:15.027"
US Factory Activity at 3-Year Low: Markit,Manufacturing PMI,"US Factory Activity at 3-Year Low: MarkitUnited States Manufacturing PMIThe flash Markit manufacturing PMI for the United States came in at 51 in February of 2016, down from 52.4 in the previous month and below market expectations of 52.3. It is the lowest figure since November of 2012 due to softer rates of output, new business and employment growth while factory gate prices recorded the fastest drop since mid-2012.2016-02-22T14:55:56"
US Stocks Gain on Monday,Stock Market,"US Stocks Gain on MondayUnited States Stock MarketWall Street was opened higher on Monday following earlier gains in Asia and Europe while oil prices recovered. The Dow Jones was up 192 points or 1.18%, the S&P 500 increased 1.25% and the Nasdaq gained 1.27% around 13 minutes after the open.2016-02-22T14:47:07.213"
Chicago Fed National Activity Index Recovers,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Recovers United States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index came in 0.28 in January of 2016, rebounding from a downwardly revised -0.34 in December and showing economic activity expanded above trend for the first time in six months. Two of the four broad categories increased and two made negative contributions to the index: the contribution from production-related indicators increased to 0.27 from –0.38; the contribution from employment-related indicators moved down to +0.12 from +0.16; sales, orders, and inventories category made a contribution of –0.03 from –0.04 and the contribution of the personal consumption and housing category was unchanged at –0.08. The index’s three-month moving average increased to –0.15 in January from –0.30 in December, suggests that growth in national economic activity was somewhat below its historical trend.2016-02-22T13:44:55.963"
US Stocks Fall on Friday,Stock Market,"US Stocks Fall on FridayUnited States Stock MarketWall Street opened lower on Friday as oil prices continued to slide on renewed oversupply concerns although the inflation rate in the US increased more than expected in January, recent data showed. The Dow Jones declined 89 points or 0.55%, the S&P 500 fell 0.76% and the Nasdaq lost 0.67% around 10 minutes after the open. US crude inventories rose by 2.1 million barrels last week, reaching an all-time high of 504.1 million barrels, EIA statistics showed on Thursday. 2016-02-19T14:47:34.783"
US Core Inflation Rate at 4-1/2-Year High,Core Inflation Rate,"US Core Inflation Rate at 4-1/2-Year HighUnited States Core Inflation RateCore consumer prices in the United States which exclude food and energy increased 2.20 percent in January of 2016 over the same month in the previous year. Core inflation accelerated for the third consecutive month, reaching the highest since June of 2012 and beating market expectations of 2.1 percent. Upward pressure came from prices of services less energy (3 percent compared to 2.9 percent in December), namely shelter (3.2 percent, the same as in December), medical care (3.3 percent from 2.9 percent in December) and transportation services (2.7 percent from 2.6 percent in December). On a monthly basis, core consumer prices went up 0.3 percent. 2016-02-19T14:02:18"
US Inflation Rate at 15-Month High,Inflation Rate,"US Inflation Rate at 15-Month HighUnited States Inflation RateConsumer prices in the United States went up 1.4 percent year-on-year in January of 2016, following a 0.7 percent increase in the previous month. The inflation rate accelerated for the fourth straight month, reaching the highest since October of 2014 and beating market expectations of a 1.3 percent gain, driven by prices of rents, medical care and transportation while energy cost fell at a slower pace. 2016-02-19T13:34:48"
US Crude Oil Stocks Rise Less than Expected,Crude Oil Stocks Change,"US Crude Oil Stocks Rise Less than ExpectedUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States rose by 2.147 million in the week ended February 12th, 2016, rebounding from a 0.754 million barrels drop in the previous week but lower than market expectations of a 4 million rise. Stocks of gasoline went up by 3.036 million barrels, much higher than market expectations of a 1 million gain.2016-02-18T16:05:35.987"
US Stocks Struggle for Gains,Stock Market,"US Stocks Struggle for GainsUnited States Stock MarketUnited States equities traded mixed on Thursday after posting the biggest three-day gain in six months on Wednesday and amid a recovery in oil prices. The Dow Jones was up 18 points or 0.11%, the S&P 500 was trading near the flatline and the Nasdaq declined 0.12% around 25 minutes after the open.2016-02-18T15:01:27"
US Philadelphia Manufacturing Index Falls for 6th Month,Philadelphia Fed Manufacturing Index,"US Philadelphia Manufacturing Index Falls for 6th Month United States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index came in at -2.8 in February of 2016 from -3.5 in January, better than market expectations of -3 but remaining in negative territory for the sixth consecutive month. Shipments increased while new orders, inventories and employment edged down. The survey’s price indexes suggest continued downward pressure on manufacturing prices.2016-02-18T13:44:50"
US Jobless Claims Drop to Lowest in 3 Months,Initial Jobless Claims,"US Jobless Claims Drop to Lowest in 3 MonthsUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 262,000 in the week ended February 13th, a decrease of 7,000 from the previous week's level of 269,000. It was the lowest figure since week ended November 21st and below market expectations of 275,000. Claims have been below 300,000 for 50 weeks, the level associated with a healthy jobs market.2016-02-18T13:35:09"
Federal Reserve Sees Increased Risks for US,Interest Rate,"Federal Reserve Sees Increased Risks for USUnited States Interest RateThe Federal Reserve discussed increasing the target range of its benchmark interest rate last month but concluded that data on spending and production had been disappointing and developments in commodity and financial markets as well as the possibility of a significant weakening of some foreign economies had the potential to further restrain domestic economic activity, minutes from January FOMC meeting showed.2016-02-17T19:27:23.52"
Wall Street Opens Higher on Wednesday,Stock Market,"Wall Street Opens Higher on WednesdayUnited States Stock MarketUS equities opened in the green on Wednesday as oil prices recovered and figures for industrial output growth beat market expectations. The Dow Jones gained 126 points or 0.78%, the S&P 500 was up 0.89% and the Nasdaq increased 0.94% around 8 minutes after the open.2016-02-17T14:43:12.8"
US Industrial Output Growth at 14-Month High,Industrial Production Mom,"US Industrial Output Growth at 14-Month HighUnited States Industrial Production MomIndustrial production in the United States increased 0.9 percent in January of 2016 from the previous month, rebounding from falls in the previous three months and beating market expectations of a 0.4 percent gain, boosted by a jump in utilities output and a rebound in manufacturing.2016-02-17T14:24:22.307"
US Producer Prices Growth Above Expectations,Producer Price Inflation MoM,"US Producer Prices Growth Above Expectations United States Producer Price Inflation MoMProducer prices for final demand in the United States advanced 0.1 percent month-on-month in January of 2016, following a 0.2 percent fall in the previous month and above market expectations of a 0.2 percent drop. Prices for final demand services edged up 0.5 percent, as trade services rose 0.9 percent and transport increased 0.4 percent. Meantime, cost of final demand goods fell 0.7 percent, mainly due to lower energy prices (-5 percent). Year-on-year, producer prices dropped 0.2 percent.2016-02-17T13:41:06"
"US Housing Starts, Permits Fall for 2nd Month",Housing Starts,"US Housing Starts, Permits Fall for 2nd MonthUnited States Housing StartsHousing starts in the Unites States decreased by 3.8 percent to a three-month low seasonally adjusted annual rate of 1099 thousand in January of 2016, compared to a downwardly revised 1143 thousand in the previous month and missing market expectations of a 2.5 percent growth. Building permits edged down 0.2 percent compared to forecasts of a 0.1 percent drop.2016-02-17T13:34:14"
US Building Permits Drop 0.2% in January,Building Permits,"US Building Permits Drop 0.2% in JanuaryUnited States Building PermitsBuilding permits for privately-owned housing units in the United States decreased by 0.2 percent month-over-month to a seasonally adjusted annual rate of 1,202,000 in January of 2016 following a 6.1 percent drop in the previous month. Single-family authorizations declined by 1.6 percent to a rate of 720,000 while authorizations of units in buildings with five units or more rose 1.1 percent to a rate of 442,000. Compared to the same month in the previous year, building permits rose 13.5 percent.2016-02-17T13:32:52"
US Mortgage Applications Rise 8.2%,Mortgage Applications,"US Mortgage Applications Rise 8.2%United States Mortgage ApplicationsMortgage applications in the United States went up 8.2 percent in the week ended February 12th 2016 from the previous period, following a 9.3 percent surge last week as fixed 30-year mortgage rates declined further by 8 bps to 3.83 percent, the lowest since mid- April 2015, data from the Mortgage Bankers Association showed. Refinance applications jumped 16 percent while applications to purchase a home fell 3.7 percent.2016-02-17T12:05:51.773"
US Stocks Finish Higher on Tuesday,Stock Market,"US Stocks Finish Higher on TuesdayUnited States Stock MarketUS equities closed in the green on Tuesday in the first trading day this week and boosted by gains in consumer discretionary, industrial, transport and financial shares. The Dow Jones gained 222 points or 1.39%, the S&P 500 went up 1.65% and the Nasdaq added 2.27%. 2016-02-16T21:43:34.93"
Foreigners Sell US Assets for 2nd Month,Capital Flows,"Foreigners Sell US Assets for 2nd MonthUnited States Capital FlowsOverseas investors sold $114 billion of US assets, including short-dated instruments in December of 2015, after selling a downwardly revised $1.1 billion in November, reducing full 2015 purchases to a total of $320.2 billion. Foreigners sold $29.4 billion of long-term US securities in December, including government and corporate, after buying $31.4 billion in the previous month. Foreign investors also sold $35.91 billion of US Treasuries, after buying $38.4 billion in November. 2016-02-16T21:15:36"
US Stocks Rise on Tuesday,Stock Market,"US Stocks Rise on TuesdayUnited States Stock MarketWall Street opened higher on the first trading day this week after a holiday on Monday as oil prices stabilize following news that some largest producers would agree to cut production at January levels. The Dow Jones was up 148 points or 0.93%, the S&P 500 went up 1.04% and the Nasdaq increased 1.41% around 5 minutes after the open. 2016-02-16T14:42:09"
NY Empire State Manufacturing Index Below Expectations,NY Empire State Manufacturing Index,"NY Empire State Manufacturing Index Below ExpectationsUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index came in at -16.64 in February of 2016 compared to -19.37 in the previous month and lower than market expectations of -10. The new orders (-11.63 from -23.54) and shipments (-11.56 from -14.39) improved but remained in contraction. Prices paid eased (2.97 from 16) while prices received decreased (-4.95 from 4). Employment levels steadied (number of employees index at -0.99 from -13) while the average workweek index pointed to a decrease in hours worked (-5.94 from -6). The six-month outlook remained weak, with the index for future general business conditions up only slightly from last month’s multi-year low (14.48 from 9.51).2016-02-16T13:42:00.22"
US Consumer Sentiment at 4-Month Low,Consumer Confidence,"US Consumer Sentiment at 4-Month LowUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment fell to 90.7 in February of 2016 from 92 in January, much lower than market expectations of 92. It is the weakest figure in four months, due to lower current and future expectations and lower inflation outlook. 
2016-02-12T15:14:32.573"
US Business Inventories Edge Up in December,Business Inventories,"US Business Inventories Edge Up in DecemberUnited States Business InventoriesManufacturers’ and trade inventories in the United States increased by 0.1 percent month-on-month in December 2015, after falling by an upwardly revised 0.1 percent in the previous month and in line with market consensus. Retail inventories excluding autos, which go into the calculation of GDP, increased by 0.2 percent after  gaining 0.3 percent in November. Compared to the same month in the previous year, inventories were up 1.7 percent.2016-02-12T15:10:02"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketMarkets in the United States opened higher on Friday as oil prices rebounded while retail sales data came better than expected. The Dow Jones was up 120 points or 0.77%, the S&P 500 gained 0.89% and the Nasdaq increased 0.88% around ten minutes after the open. 2016-02-12T14:44:39"
US Export Prices Drop 0.8% in January,Export Prices MoM,"US Export Prices Drop 0.8% in JanuaryUnited States Export Prices MoMExport prices in the United States decreased by 0.8 percent month-on-month in January of 2016 compared to a 1.1 percent drop in December, as both agricultural (-1.1 percent) and non-agricultural prices (-0.8 percent) contributed to the overall decline. Analysts were expecting a 0.9 percent fall. Compared to January of 2015, export prices fell 5.7 percent.2016-02-12T13:40:47"
US Import Prices Fall 1.1% in January,Import Prices MoM,"US Import Prices Fall 1.1% in JanuaryUnited States Import Prices MoMImport prices in the United States decreased by 1.1 percent month-on-month in January of 2016, the same as in the previous month but beating market forecasts of 1.4 percent fall, mainly driven by lower fuel prices (-12.4 percent). Also, non-fuel prices declined by 0.2 percent. Compared to the same month in the previous year, import prices dropped 6.2 percent.2016-02-12T13:37:46"
US Retail Sales Beat Expectations,Retail Sales MoM,"US Retail Sales Beat ExpectationsUnited States Retail Sales MoMRetail sales in the United States increased 0.2 percent in January of 2016 from the previous month, the same as an upwardly revised 0.2 percent growth in December. Figures came better than market forecasts of a 0.1 percent gain as sales increased for several goods.2016-02-12T13:37:38"
Dow Closes at 2-Year Low,Stock Market,"Dow Closes at 2-Year LowUnited States Stock MarketMarkets in the United States finished lower on Thursday after a global rout in Asia and Europe as a fall in oil prices and Fed Chair Yellen’s two-day testimony before Congress weighted on investors confidence. The Dow Jones lost 255 points or 1.6% closing at 15660, the lowest since February of 2014. The S&P 500 declined 1.23% and the Nasdaq closed 0.4% lower. 2016-02-11T22:25:43"
US Stocks Fall Sharply,Stock Market,"US Stocks Fall SharplyUnited States Stock MarketUS equities slumped at the open on Thursday following a global rout in Europe and Asia while oil prices continue to slide. The Dow Jones fell 238 points or 1.5%, the S&P 500 declined 1.42% and the Nasdaq was down 1.18% around eight minutes after the open. 2016-02-11T14:43:13"
US Jobless Claims Fall More than Expected,Initial Jobless Claims,"US Jobless Claims Fall More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 269,000 in the week ended February 6th, a decrease of 16,000 from the previous week's level of 285,000. It is the lowest figure in seven weeks and below market expectations of 281,000. Claims have been below 300,000 for 49 weeks, the level associated with a healthy jobs market.2016-02-11T13:33:53"
Wall Street Closes Mixed,Stock Market,"Wall Street Closes MixedUnited States Stock MarketMarkets in the United States closed mixed on Wednesday after Fed Chair Yellen said tighter financial conditions and foreign developments could weigh down on the U.S. growth outlook in her testimony before Congress, decreasing expectations for a near-term rate hike. The Dow Jones lost 99 points or 0.62%, the S&P 500 ended near the flatline while the Nasdaq  gained 0.35%.2016-02-10T21:47:13"
US Posts $55 Billion Budget Surplus in January,Government Budget Value,"US Posts $55 Billion Budget Surplus in JanuaryUnited States Government Budget ValueThe United States recorded a budget surplus of USD 55.2 billion in January of 2016, compared with a deficit of USD 17.5 billion in the same month a year earlier as outlays dropped 20.4 percent to USD 258 billion while receipts increased by 2.3 percent to USD 314 billion.2016-02-10T19:05:16.673"
US Crude Oil Stocks Unexpectedly Fall,Crude Oil Stocks Change,"US Crude Oil Stocks Unexpectedly Fall United States Crude Oil Stocks ChangeCrude oil inventories in the United States fell by 0.754 million in the week ended February 5th, 2016, following a 7.792 million barrels rise in the previous week. It is the first decline in five weeks, compared to market expectations of a 3.5 million rise. Stocks of gasoline went up by 1.258 million barrels, much higher than market expectations of a 0.417 million gain.2016-02-10T15:40:43.38"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketUS equities gained slightly at the open on Wednesday after Fed Chair Janet Yellen prepared remarks to testify before Congress came roughly in line with market expectations. The Dow Jones was up 62 points or 0.39%, the S&P 500 increased 0.5% and the Nasdaq gained 0.83% around five minutes after the open.2016-02-10T14:48:35.76"
Fed Yellen Shows Concerns Over Financial Conditions,Interest Rate,"Fed Yellen Shows Concerns Over Financial ConditionsUnited States Interest RateTighter financial conditions and foreign developments could weigh down on the United States growth outlook, Fed Yellen said on Wednesday in prepared testimony to Congress, reinforcing interest rates will be raised only gradually and any change will be data dependent. 2016-02-10T14:06:00"
US Mortgage Applications Rebound,Mortgage Applications,"US Mortgage Applications ReboundUnited States Mortgage ApplicationsMortgage applications in the United States went up 9.3 percent in the week ended February 5th 2016 from the previous period, rebounding from a 2.6 percent drop last week as fixed 30-year mortgage rates declined by 6 bps to 3.91 percent, the lowest since the last week of April 2015, data from the Mortgage Bankers Association showed. Refinance applications jumped 15.8 percent while applications to purchase a home edged up 0.2 percent.2016-02-10T12:07:18.367"
US Wholesale Inventories Fall for 3rd Month,Wholesale Inventories,"US Wholesale Inventories Fall for 3rd MonthUnited States Wholesale InventoriesWholesale stocks in the United States decreased 0.1 percent to USD 582 billion in December from November of 2015, compared to an upwardly revised 0.4 percent drop in the previous period. Inventories of durable goods declined 0.3 percent, stocks of metals and minerals, except petroleum, were down 4.4 percent and inventories of petroleum and petroleum products shrank 7.8 percent In contrast, inventories of nondurable goods edged up 0.1 percent and those of chemicals and allied products were up 2.3 percent.2016-02-09T15:09:18.1"
US Job Openings Rise to 5607K in December,Job Offers,"US Job Openings Rise to 5607K in DecemberUnited States Job OffersJob openings in the United States increased by 261 thousand to 5.607 million in December of 2015, beating market expectations. It is the second highest number since the data begun in 2000. The number of positions waiting to be filled surged by 245 thousand in the private sector and increased by 16 thousand in government. Job gains rose the most in construction (+69K), manufacturing (+96K) and retail trade (+56K). By regions, the biggest gains were reported in the West. 2016-02-09T15:07:29"
US Stocks Open Lower,Stock Market,"US Stocks Open LowerUnited States Stock MarketUS equities traded lower again on Tuesday, extending Monday’s losses and following an earlier sell-off in Asia and Europe as global growth and bank health concerns persisted. The Dow Jones lost 98 points or 0.62%, the Nasdaq was down 0.83% and the S&P 500 decreased 0.53% around 6 minutes after the open.2016-02-09T14:45:27"
Wall Street Extends Losses,Stock Market,"Wall Street Extends LossesUnited States Stock MarketMarkets in the US closed in the red on Monday, mainly dragged down by financial and bank shares as global growth and credit default concerns weighted on investors. The Dow Jones lost 177 points or 1.1%, the Nasdaq ended 1.82% lower and the S&P 500 was 1.42% down, closing at its lowest level since April of 2014. 2016-02-08T21:30:35.483"
Wall Street Opens Lower,Stock Market,"Wall Street Opens LowerUnited States Stock MarketMarkets in the US traded lower on Monday, extending Friday’s losses after a weaker-than-expected payroll number added to uncertainty about the Fed's pace of rate increase and investors await Fed Chair Yellen's testimony in Congress later in the week for further clues. The Dow Jones was down 237 points or 1.46%, the S&P 500 declined 1.69% and the Nasdaq fell 2.29% around 7 minutes after the open.2016-02-08T14:44:46.323"
Wall Street Finishes in the Red,Stock Market,"Wall Street Finishes in the RedUnited States Stock MarketUS stocks ended lower on Friday after a weaker than expected nonfarm payroll number, although unemployment fell and wage growth picked up. The Dow Jones lost 212 points or 1.29%, the S&P 500 ended 1.85% down and the Nasdaq closed 3.25% lower. Considering the whole week, stocks posted the first drop in three weeks: the Dow Jones lost 1.6%, the S&P 500 ended 3.1% lower and the Nasdaq finished the first week of February down by 5.4%.2016-02-05T21:26:09"
US Consumer Credit Growth Beats Estimates,Consumer Credit,"US Consumer Credit Growth Beats Estimates United States Consumer CreditConsumer credit in the United States increased by 21.27 USD billion in December of 2015, following an upwardly revised 14.02 USD billion rise in November and well above market expectations of a 16 USD billion gain. Non-revolving credit went up by 15.43 USD billion from an upwardly revised 7.66 USD billion in November while revolving credit slowed to 5.84 USD billion, after increasing a revised 6.36 USD billion. 2016-02-05T20:07:23"
US Weekly Earnings Post Biggest Rise in a Year,Average Hourly Earnings,"US Weekly Earnings Post Biggest Rise in a YearUnited States Average Hourly EarningsAverage hourly earnings for all employees on private nonfarm payrolls in the United States increased 0.5 percent or 12 cents to USD 25.39 in January of 2016. It is the highest increase since January last year and above market expectations of 0.3 percent. Over the year, average hourly earnings have risen by 2.5 percent. 2016-02-05T14:45:38"
US Stocks Fall on Friday,Stock Market,"US Stocks Fall on FridayUnited States Stock MarketMarkets in Wall Street traded lower on Friday after figures from the January jobs report came in lower than expected, showing job growth is slowing. The Dow Jones was down 46 points or 0.28%, the S&P 500 declined 0.57% and the Nasdaq lost 0.76% around five minutes after the open.2016-02-05T14:39:04.45"
"US Imports Up 0.3% in December, Down 3.1% in 2015",Imports,"US Imports Up 0.3% in December, Down 3.1% in 2015United States ImportsImports in the United States edged up 0.3 percent to 224854 USD Million in December from 224590 USD Million in November of 2015, rising for the first time in four months. Considering full 2015, purchases went down 3.1 percent. 2016-02-05T14:17:47.52"
"US Exports Down 0.3% in December, -4.8% in 2015",Exports,"US Exports Down 0.3% in December, -4.8% in 2015United States ExportsExports in the United States declined 0.3 percent to USD 181.5 billion in December from USD 182.01 billion in the previous month. It is the third consecutive monthly fall. Considering full 2015, sales went down 4.8 percent. 2016-02-05T14:14:40.557"
US Trade Deficit Widens in December,Balance of Trade,"US Trade Deficit Widens in DecemberUnited States Balance of TradeThe US trade gap widened to USD 43.4 billion in December of 2015 from a downwardly revised USD 42.2 billion in the previous month and roughly in line with expectations. Exports shrank for the third straight month while imports posted the first rise in four months. Considering full 2015, the trade deficit widened 4.6 percent from 2014 as exports fell more than imports. 2016-02-05T14:09:43"
US Jobless Rate Drops to 4.9% in January,Unemployment Rate,"US Jobless Rate Drops to 4.9% in JanuaryUnited States Unemployment RateUnemployment rate in the United States fell to 4.9 percent in January 2016, from 5 percent in the previous month, while total non-farm payroll employment increased by a lower-than-expected 151,000. The number of unemployed persons, at 7.8 million, was essentially unchanged from December.2016-02-05T13:33:44"
US Economy Adds 151K Jobs in January,Non Farm Payrolls,"US Economy Adds 151K Jobs in JanuaryUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 151,000 in January of 2016, lower than an upwardly revised 262,000 in the previous month and missing market expectations of 190,000. 2016-02-05T13:31:24.92"
US Factory Orders Post Biggest Drop in 1 Year,Factory Orders,"US Factory Orders Post Biggest Drop in 1 YearUnited States Factory OrdersNew orders for manufactured goods in the United States slumped 2.9 percent month-on-month in December of 2015, following an upwardly revised 0.7 percent fall in the previous month, the biggest decline in a year. Orders for durable goods went down 5 percent, nondurables declined 0.8 percent, transport equipment fell 12.6 percent and orders for non-defense capital goods excluding aircraft, which is considered a measure of business confidence and spending plans dropped 4.3 percent.2016-02-04T15:12:29.707"
US Stocks Open Lower,Stock Market,"US Stocks Open LowerUnited States Stock MarketMarkets in Wall Street were trading slightly lower on Thursday amid higher oil prices, after data showed planned layoffs and jobless claims increased while productivity shrank more than expected. The Dow Jones was down 17 points or 0.1%, the S&P 500 edged down 0.37% and the Nasdaq lost 0.56% few minutes after the opening. 2016-02-04T14:44:28"
US Labour Cost Up 4.5% in Q4,Labour Costs,"US Labour Cost Up 4.5% in Q4United States Labour CostsUnit labor costs in the US nonfarm business sector increased 4.5 percent in the last three months of 2015, higher than an upwardly revised 1.9 percent in the previous period and above market expectations of a 3.9 percent gain, preliminary figures showed. Hourly compensation went up 1.3 percent while productivity fell 3 percent. Year-on-year, unit labor costs increased 2.8 percent, bringing full year cost growth to 2.4 percent.2016-02-04T13:43:27"
US Productivity Falls 3% in Q4,Productivity,"US Productivity Falls 3% in Q4United States ProductivityHourly output per worker in nonfarm sector fell at a seasonally adjusted annual rate of 3 percent qoq in last three months of 2015, following a downwardly revised 2.1 percent gain in the previous period and much worse than market expectations, preliminary estimates showed. It is the fastest drop since the first quarter of 2014 as GDP growth slowed sharply and hiring accelerated. Year-on-year, productivity grew 0.3 percent. Considering full 2015, average productivity increased 0.6 percent from 2014.2016-02-04T13:38:28"
US Jobless Claims Rise to 285K,Initial Jobless Claims,"US Jobless Claims Rise to 285KUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 285,000 in the week ended January 30th, an increase of 8,000 from the previous week's revised level of 277,000 and staying above market expectations of 280,000. 2016-02-04T13:33:15.963"
US Planned Layoffs at 6-Month High,Challenger Job Cuts,"US Planned Layoffs at 6-Month High United States Challenger Job CutsThe number of announced corporate layoffs in the United States rose 218 percent to 75114 in January of 2016 from 23622 in December of 2015. It is the highest figure in six months and the largest for a January month since 2009. Retailers led the rise, announcing plans to cut 22,246 jobs, followed by the energy sector which planned to reduce headcounts by 20,246. Year-on-year, planned job cuts rose 41.6 percent.2016-02-04T12:33:20"
US Crude Oil Stocks Above Expectations,Crude Oil Stocks Change,"US Crude Oil Stocks Above ExpectationsUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States went up by 7.792 million in the week ended January 29th, 2016, following an 8.383 million barrels rise in the previous week and much higher than market expectations of a 4.8 million increase. It is the second biggest rise this year and the third highest since the first week of April 2015, the last time crude oil stocks jumped double digits.2016-02-03T15:36:01.58"
US Service Sector Growth Falls to 2-Year Low: ISM,Non Manufacturing PMI,"US Service Sector Growth Falls to 2-Year Low: ISMUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index declined 2.3 percentage points to 53.5 percent in January of 2016, down from 55.8 percent in December and below market forecasts. It is the lowest reading since February of 2014 as activity, new orders, employment and prices all decreased. 2016-02-03T15:07:58"
US Markit Services PMI at 2-Year Low,Services PMI,"US Markit Services PMI at 2-Year LowUnited States Services PMIThe final Markit Services PMI for the United States came in at 53.2 in January of 2016, down from a preliminary estimate of 53.7 and a final of 54.3 in the previous month. It is the lowest figure since October of 2013, due to a slowdown in output and new business while employment was sustained. However, the twelve-month outlook remains subdued.2016-02-03T14:56:14"
"Wall Street Opens Higher on Oil, Jobs",Stock Market,"Wall Street Opens Higher on Oil, JobsUnited States Stock MarketMarkets in the United States opened higher on Wednesday as oil prices rebounded after Russia said it would be open to discussions with OPEC over production cuts and the ADP employment report showed the US private sector added more jobs than expected in January. The Dow Jones was up 81 points or 0.51%, the S&P 500 added 0.39% and the Nasdaq gained 0.29% around 9 minutes after the open. 2016-02-03T14:48:19.377"
US Private Sector Adds 205K Jobs,ADP Employment Change,"US Private Sector Adds 205K JobsUnited States ADP Employment ChangePrivate businesses in the United States hired 205 thousand workers in January of 2016 compared to an upwardly revised 267 thousand in December and better than market expectations of 195K. The service-providing sector added 192 thousand jobs and goods-producing added 13 thousand: professional/business activities added 44 thousand jobs, trade/transportation/utilities 35 thousand, construction 21 thousand, financial activities 19 thousand while manufacturing created no jobs. 2016-02-03T13:16:30"
US Mortgage Applications Post 1st Fall in 4 Weeks,Mortgage Applications,"US Mortgage Applications Post 1st Fall in 4 WeeksUnited States Mortgage ApplicationsMortgage applications in the United States shrank 2.6 percent in the week ended January 29th 2016 from the previous week amid a 5 bps fall in fixed 30-year mortgage rates to 3.97 percent, the lowest since the last week of October 2015, data from the Mortgage Bankers Association showed. Refinance applications edged up 0.3 percent while applications to purchase a home declined 7 percent.2016-02-03T12:03:48"
US Economic Optimism Rises to 7-Month High,Economic Optimism Index,"US Economic Optimism Rises to 7-Month HighUnited States Economic Optimism IndexThe IBD/TIPP Optimism Index in the United States edged up 0.5 points to 47.8 in February of 2016 from 47.3 in January. Although Americans remain modestly pessimistic about the economy, it is the highest figure since July last year. The six-month outlook declined 0.4 points to 42.5 and personal financial outlook went down 0.2 point to 58 while the sentiment over federal economic policies grew 2.1 points to 42.8. 2016-02-02T15:26:15"
US Stocks Fall on Oil,Stock Market,"US Stocks Fall on OilUnited States Stock MarketWall Street traded lower on Tuesday as oil prices continued to slide. The Dow Jones was 225 points or 1.37% down, the S&P 500 declined 1.19% and the Nasdaq lost 0.88% around 40 minutes after the open. Meanwhile, WTIcrude was down 4.9% to $30.07 a barrel and Brent crude fell 4.9% to $32.59 per barrel. 2016-02-02T15:13:38"
New York Business Activity Growth Slows,Ism New York Index,"New York Business Activity Growth SlowsUnited States Ism New York IndexThe ISM NY Current Business Conditions Index decreased to 54.6 in January of 2016 from 62 in the previous month and the 6-month outlook worsened to 63.3 from 70.7. At the company level, employment grew for the first time in five months (56.9 from 42.9) and prices paid increased (60.7 from 55) while quantity of purchases contracted (46.4 from 50) and current revenues shrank (45.8 from 60). Expected revenues were steady (50).2016-02-02T14:58:02.77"
US Construction Spending Up 0.1%,Construction Spending,"US Construction Spending Up 0.1%United States Construction SpendingConstruction spending in the United States increased by 0.1 percent month-on-month to a seasonally adjusted annual rate of $1,116.6 billion in December of 2015 from an upwardly revised $1,116.0 billion in the previous month. Private construction went down by 0.6 percent, driven by 2.1 percent drop in nonresidential structures (the biggest fall since January of 2013), offsetting a 1.9 percent increase in public construction. The value of construction in 2015 went up by 10.5 percent to $1,097.3 billion from $993.4 billion spent in 2014.2016-02-01T15:21:32"
US Factory Activity Shrinks for 4th Month: ISM,Business Confidence,"US Factory Activity Shrinks for 4th Month: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI came in at 48.2 in January of 2016 from 48 in December. While employment and inventories subindexes declined, new orders and production grew at a faster pace and prices remained steady. 2016-02-01T15:08:36"
US Markit Manufacturing PMI Revised Down Slightly,Manufacturing PMI,"US Markit Manufacturing PMI Revised Down SlightlyUnited States Manufacturing PMIThe final Markit US Manufacturing PMI came in at 52.4 in January of 2016, down from a preliminary reading of 52.7 but higher than 51.2 in the previous month. Output and new orders rose at faster pace while job creation slowed, reflecting manufacturer’s heightened uncertainty about the economic outlook. Some firms noted that the strong dollar continued to act as a growth headwind, especially in terms of export sales.2016-02-01T14:55:28"
Wall Street Opens in the Red,Stock Market,"Wall Street Opens in the RedUnited States Stock MarketMarkets in the United States traded lower on Monday as oil prices were falling and lower-than-expected manufacturing PMI data for China renewed worries over the country's economic slowdown. The Dow Jones was down 132 points or 0.8%, the S&P 500 declined 0.75% and the Nasdaq lost 0.68% around twelve minutes after the open.2016-02-01T14:46:40.743"
"US Personal Spending Flat, Income Up 0.3%",Personal Spending,"US Personal Spending Flat, Income Up 0.3%United States Personal SpendingConsumer spending in the United States remained unchanged in December of 2015, after rising an upwardly revised 0.5 percent in the previous month. The reading came below market expectations, mainly due to lower expenditure on autos and utilities. Income went up 0.3 percent, the same as in November and above forecasts. As a result, savings hit a three-year high. 
2016-02-01T13:36:05"
US Consumer Sentiment Revised Sharply Down,Consumer Confidence,"US Consumer Sentiment Revised Sharply Down United States Consumer ConfidenceThe final University of Michigan's consumer sentiment for the United States came in at 92 in January of 2016, much lower than a preliminary estimate of 93.3 and below 92.6 in December. Both current and future expectations decreased and the 1 year inflation outlook eased.2016-01-29T15:07:35"
US Chicago PMI at 3-Month High,Chicago Pmi,"US Chicago PMI at 3-Month HighUnited States Chicago PmiThe Chicago PMI in the United States increased by 12.7 points to 55.6 points in January of 2016, the highest in three months and the biggest pace of growth in a year. Figures came much better than market expectations of 45 led by a surge in new orders and production.2016-01-29T14:54:13.213"
US Stocks Open Higher on BoJ,Stock Market,"US Stocks Open Higher on BoJUnited States Stock MarketMarkets in Wall Street started higher on Friday, following earlier gains in Asia and Europe after the Bank of Japan adopted a negative interest rate policy. The Dow Jones was up 94 points or 0.59%, the S&P 500 gained 0.5% and the Nasdaq traded 0.35% higher around 5 minutes after the open. 2016-01-29T14:40:03"
US Compensation Costs Rise 0.6% in Q4,Employment Cost Index,"US Compensation Costs Rise 0.6% in Q4United States Employment Cost IndexCompensation costs for civilian workers in the United States rose by 0.6 percent on quarter in the three months to December of 2015, the same pace as in the previous period and matching market expectations. Wages and  salaries (which make up about 70 percent of compensation costs) increased by 0.6 percent, and benefits  (which make up the remaining 30 percent of compensation) increased by 0.7 percent.2016-01-29T13:35:15"
US GDP Expands 0.7% in Q4,GDP Growth Rate,"US GDP Expands 0.7% in Q4United States GDP Growth RateThe US economy expanded an annualized 0.7 percent on quarter in the last three months of 2015, lower than a 2 percent expansion in the previous period, according to the advanced estimate released by the Bureau of Economic Analysis. Figures came slightly below market expectations of 0.8 percent, as consumer spending eased, nonresidential investment shrank for the first time in nearly three years and a strong dollar and weak global demand brought exports down. 2016-01-29T13:31:40"
US Pending Home Sales Up 4.2% YoY in December,Pending Home Sales,"US Pending Home Sales Up 4.2% YoY in DecemberUnited States Pending Home SalesContracts to buy previously owned US homes increased 4.2 percent in December of 2015 over the same month in the previous year, the biggest gain in four months. Month-on-month, pending home sales index edged up 0.1 percent after falling an upwardly revised 1.1 percent in November and much lower than market expectations of a 0.8 percent rise. Contracts rose 6.1 percent in the Northeast but were down 1 percent in the Midwest, fell 0.5 percent in the South and declined 2.1 percent in the West. 2016-01-28T15:10:38.23"
US Stocks Open Higher on Rising Oil Prices,Stock Market,"US Stocks Open Higher on Rising Oil PricesUnited States Stock MarketMarkets in Wall Street traded higher on Thursday as oil prices went up around 4% on hopes Russia, Opec and Saudi Arabia get an agreement for cutting production. The Dow Jones went up 114 points or 0.71%, the S&P 500 added 0.83% and the Nasdaq gained 1.18% around 8 minutes after the open. 2016-01-28T14:41:32.107"
US Durable Goods Orders Slump 5.1%,Durable Goods Orders,"US Durable Goods Orders Slump 5.1%United States Durable Goods OrdersNew orders for US manufactured durable goods shrank 5.1 percent in December of 2015, the biggest decline since August of 2014 and following a revised 0.5 percent drop in November. The plunge came much higher than expected, due to a 12.4 percent decline in transportation orders. Excluding transportation, new orders decreased 1.2 percent and without defense, orders went down 2.9 percent. 2016-01-28T13:37:21"
US Jobless Claims Drop to 278K,Initial Jobless Claims,"US Jobless Claims Drop to 278KUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 278,000 in the week ended January 23rd, a decrease of 16,000 from the previous week's revised level of 294,000 while staying below market expectations of 282,000.2016-01-28T13:33:27"
US Stocks Down More than 1%,Stock Market,"US Stocks Down More than 1%United States Stock MarketMarkets in the United Stated finished in the red on Wednesday after the US Federal Reserve didn’t rule out a March rate increase and said it would be monitoring the impact of global financial and economic developments on US outlook. The Dow Jones lost 223 points or 1.38%, the S&P 500 ended 1.09% lower and the Nasdaq closed 2.18% down. 2016-01-27T21:29:20"
Fed Leaves Funds Rate on Hold,Interest Rate,"Fed Leaves Funds Rate on HoldUnited States Interest RateThe Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent during its FOMC meeting held in January 2016, following last month’s hike. Policymakers didn’t rule out a March rate increase but said they are monitoring the impacts of global economic and financial developments on US outlook. 2016-01-27T19:01:58"
US Crude Oil Stocks Rise The Most Since April,Crude Oil Stocks Change,"US Crude Oil Stocks Rise The Most Since AprilUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States went up by 8.383 million in the week ended January 22nd, 2016, following a 3.979 million barrels rise in the previous week and much higher than market expectations of a 3.2 million increase. It is the biggest rise since the first week of April 2015.2016-01-27T15:39:41"
US New Home Sales at 10-Month High,New Home Sales,"US New Home Sales at 10-Month HighUnited States New Home SalesSales of new single-family houses in December 2015 were at a seasonally adjusted annual rate of 544,000, up 10.8 percent from last month and higher than market expectations. Purchases increased in all four regions, led by a 31.6 percent jump in the Midwest and by 21 percent in the West. The supply of homes at the current sales rate dropped to 5.2 months from 5.6 months in the prior month. In 2015, new home sales increased 14.5 percent to 501,000. 2016-01-27T15:04:01"
US Markets Fall at Open Ahead of Fed,Stock Market,"US Markets Fall at Open Ahead of FedUnited States Stock MarketUS shares started the trading day lower on Wednesday ahead of a Fed policy decision later as lower-than-expected earnings from Apple and Boeing dragged investors’ confidence down while oil prices failed to sustain Tuesday’s recovery. The Dow Jones declined more than 130 points or 0.78%, the S&P 500 lost 0.28% and the Nasdaq was 0.51% lower around 8 minutes after the open. 2016-01-27T14:40:24"
US Mortgage Applications Rise for 3rd Week,Mortgage Applications,"US Mortgage Applications Rise for 3rd WeekUnited States Mortgage ApplicationsMortgage applications in the United States increased 8.8 percent in the week ended January 22nd 2016 from the previous week as fixed 30-year mortgage rates fell by 4 bps to 4.02 percent, the lowest since the last week of October 2015, data from the Mortgage Bankers Association showed. Refinance applications increased 11.3 percent while applications to purchase a home went up 4.6 percent.2016-01-27T12:06:46.197"
US Richmond Fed Manufacturing Index Declines to 2,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Declines to 2United States Richmond Fed Manufacturing Index The Richmond Fed Manufacturing Activity Index went down to 2 in January of 2016 from 6 in the previous month, slightly below market expectations of 3 but pointing to an expansion in manufacturing output in the US fifth district, including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia for the second straight month. The volume of new orders grew modestly (4 from 8 in December) while shipments decreased (-6 from 0) and hiring increased at a slightly slower pace (9 from 12).2016-01-26T15:13:34"
US Services Sector Growth Slows to 13-Month Low,Services PMI,"US Services Sector Growth Slows to 13-Month LowUnited States Services PMIThe Markit flash US Services PMI came in at 53.7 in January of 2016, lower than market expectations and the weakest since December of 2014. Cutbacks across the energy sector and a strong USD had a negative impact on business activity while new business growth picked up and job creation grew to a four-month high.2016-01-26T14:59:42"
US Stocks Open Higher as Oil Rises,Stock Market,"US Stocks Open Higher as Oil RisesUnited States Stock MarketMarkets in the United States opened in the green on Tuesday after oil prices rebounded and traded above $30 a barrel. The Dow Jones was up 151 points or 0.95%, the S&P 500 added 0.45% and the Nasdaq gained 0.14% around 15 minutes after the open.  2016-01-26T14:47:06"
US S&P/Case-Shiller Home Prices Up 5.8%,Case Shiller Home Price Index YoY,"US S&P/Case-Shiller Home Prices Up 5.8%United States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5.8 percent year-on-year in November 2015, up from a 5.5 percent rise in October and hitting its fastest pace since July 2014. Home prices in Dallas, Denver and Portland are now at record levels. Still, home prices nationally remain below their record level from July 2006 before the housing market crash. On a monthly basis, the S&P/Case-Shiller's 20-City Home Price Index increased 0.1 percent.2016-01-26T14:10:02"
US House Prices Rise 0.5%: FHFA,FHFA House Price Index MoM,"US House Prices Rise 0.5%: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.50 percent in November of 2015 over the previous month, the same as in October and beating market expectations of a 0.4 percent gain. Year-on-year, the FHFA house price index went up 5.9 percent, slower than a 6.1 percent rise in the previous month. 2016-01-26T14:08:36"
US Stocks Selloff Resume,Stock Market,"US Stocks Selloff ResumeUnited States Stock MarketWall Street extended decline in final hour of trading as a renewed drop in oil prices hit energy and materials sector. The Dow Jones declined 208 points or 1.3%, the S&P 500 slid 30 points or 1.6% and the Nasdaq Composite ended down 73 points or 1.6%. 
2016-01-25T23:07:31.44"
US Stocks Open Lower,Stock Market,"US Stocks Open LowerUnited States Stock MarketMarkets in the United States opened lower on Monday as a new decline in oil prices hurt investors' confidence with both WTI and Brent crude down around 3% to near $31 a barrel. The Dow Jones lost 64 points or 0.4%, the S&P 500 went down 0.44% and the Nasdaq declined 0.3% around 11 minutes after the open.2016-01-25T14:43:09.133"
US Stocks Gain on Friday,Stock Market,"US Stocks Gain on FridayUnited States Stock MarketWall Street closed higher on Friday, extending Thursday’s gains and posting the first positive week of the year as oil prices continued to recover and expectations for further monetary stimulus in the Euro Zone and Japan have increased. The Dow Jones gained 210 points or 1.33%, the S&P 500 added 2% and the Nasdaq closed 2.66% higher.2016-01-22T22:16:18.443"
US 2015 Existing Home Sales at 9-Year High,Existing Home Sales,"US 2015 Existing Home Sales at 9-Year HighUnited States Existing Home SalesSales of previously owned houses surged 14.7 percent to a seasonally adjusted annual rate of 5460 thousand in December of 2015, better than market expectations of 5.2 million. Sales of single family went up 16.1 percent and those of condos grew 4.9 percent. The average price increased 1.9 percent and the months’ worth of supply fell to 3.9. Considering full 2015, existing homes sales rose 6.5 percent to 5.26 million units, the highest since 2006.2016-01-22T15:11:06"
US Factory Activity Growth Accelerates in January,Manufacturing PMI,US Factory Activity Growth Accelerates in JanuaryUnited States Manufacturing PMIThe flash Markit US Manufacturing PMI came in at 52.7 in January of 2016 from 51.2 in the previous month and better than market expectations. Output and new business increased at a faster rate while job creation eased to a 4-month low. 2016-01-22T14:57:04.963
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketMarkets in Wall Street opened around 1% higher on Friday, extending Thursday’s gains as oil prices continue to recover. The Dow Jones went up 208 points or 1.3%, the S&P 500 added 1.5% and the Nasdaq was 1.7% higher around 20 minutes after the open.2016-01-22T14:37:17"
US Chicago Fed National Activity Index Edges Up,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index Edges UpUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index came in -0.22 in December of 2015, slightly up from a downwardly revised -0.36 in November. Two of the four broad categories increased, but three of the four categories made negative contributions to the index: the contribution from production-related indicators increased to –0.26 from –0.40; sales, orders, and inventories category made a contribution of –0.02 from –0.03; the contribution from employment-related indicators was unchanged at +0.12 and personal consumption and housing category edged down to –0.07 from –0.05. The index’s three-month moving average declined to –0.24 in December from –0.19 in November, suggesting growth in national economic activity was below its historical trend. 2016-01-22T13:42:30.91"
US Stocks Recover on Thursday,Stock Market,"US Stocks Recover on ThursdayUnited States Stock MarketSharp rebound in price of oil futures helped the main US indexes rebound from a Wednesday's lows.  The Dow Jones gained 116 points or 0.7%, The S&P 500 rose 10 points or 0.5% and the Nasdaq Composite closed virtually unchanged.2016-01-21T21:37:03.193"
US Crude Oil Stocks Rise the Most in 5 Weeks,Crude Oil Stocks Change,"US Crude Oil Stocks Rise the Most in 5 WeeksUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States went up by 3.979 million barrels in the week ended January 15th 2016, following a 0.234 million increase last week and higher than market expectations of a 2.75 million rise. It is the biggest increase in five weeks.2016-01-21T16:06:17.413"
Philadelphia Fed Manufacturing Index Recovers Slightly,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Recovers SlightlyUnited States Philadelphia Fed Manufacturing IndexPhiladelphia Fed Manufacturing Index in the United States increased to -3.50 Index Points in January from -10.20 Index Points in December of 2015, pointing to modest contraction. The indicator for general activity remained negative this month; however, it rebounded from a lower reading in December. Other indicators offered mixed signals: Shipments increased this month, but new orders and employment declined modestly.  The survey’s price indexes suggest continued downward pressure on manufacturing prices. 2016-01-21T13:37:58.973"
US Jobless Claims Rise to 6-Month High,Initial Jobless Claims,"US Jobless Claims Rise to 6-Month HighUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 293,000 in the week ended January 16th, an increase of 10,000 from the previous week's revised level of 283,000 while staying way above market expectations of 278,000. It was the highest value since July of 2015.2016-01-21T13:33:46"
US Stocks Selloff Deepens,Stock Market,"US Stocks Selloff DeepensUnited States Stock MarketWall Street ended down on Wednesday but well above session lows as oil prices continued to decline. The Dow Jones dropped 249 points or 1.55%, the S&P 500 fell 22 points or 1.17% and the Nasdaq Composite was down 5 points or 0.12 percent.2016-01-20T21:25:20.08"
US Stocks Tumble as Oil Slides,Stock Market,"US Stocks Tumble as Oil SlidesUnited States Stock MarketThe Dow Jones fell 407 points or 2.55%, the S&P 500 went down 46 points or 2.45% and the Nasdaq declined 107 points or 2.41% around 11:30 AM NY time on Wednesday, following earlier selloff in Europe and Asia as oil prices plunge. WTI crude oil dipped below $27 a barrel, the lowest since 2003 and Brent crude fell around 4% to $27.6 a barrel.2016-01-20T16:43:48.08"
US Stocks Tumble at Open,Stock Market,"US Stocks Tumble at OpenUnited States Stock MarketMarkets in the US opened lower on Wednesday, as oil prices continue to fall and following losses in Asia and Europe. The Dow Jones lost 187 points or 1.17%, the S&P 500 went down 19 points or 1% and the Nasdaq declined 72 points or 1.58% at the open.  2016-01-20T14:33:59.64"
US Building Permits Fall Less Than Expected,Building Permits,"US Building Permits Fall Less Than Expected United States Building PermitsBuilding permits for privately-owned housing units in the United States decreased by 3.9 percent month-on-month to a seasonally adjusted annual rate of 1,232,000 in December of 2015 while analysts were expecting a 6.4 percent drop. Single-family authorizations rose 1.8 percent to 740,000 and those of units in buildings with five units or more went down 13.5 percent to 455,000. Year-on-year, building permits increased by 14.4 percent. Considering full 2015, building permits were 12 percent higher at 1,178,400 compared to 2014.
2016-01-20T13:40:35"
US Inflation Rate at 12-Month High,Inflation Rate,"US Inflation Rate at 12-Month HighUnited States Inflation RateConsumer prices in the United States increased 0.7 percent year-on-year in December of 2015, higher than 0.5 percent in the previous month but below market expectations of 0.8 percent.  The monthly inflation turned negative to -0.1 percent for the first time in three months due to sharper declines in energy prices.2016-01-20T13:36:10"
US Housing Starts Unexpectedly Fall in December,Housing Starts,"US Housing Starts Unexpectedly Fall in DecemberUnited States Housing StartsHousing starts in the Unites States decreased by 2.5 percent to a seasonally adjusted annual rate of 1149 thousand in December of 2015, compared to an upwardly revised 1179 thousand in the previous month while missing market expectations of 1.6 percent growth. For full year of 2015, housing starts increased by 10.8 percent compared to the same period of 2014.2016-01-20T13:33:12"
US Mortgage Applications Surge 9%,Mortgage Applications,"US Mortgage Applications Surge 9%United States Mortgage ApplicationsMortgage applications in the United States rose 9 percent in the week ended January 15th 2016 from the previous week as fixed 30-year mortgage rates fell by 6 bps to 4.06 percent, the lowest in ten weeks, data from the Mortgage Bankers Association showed. Refinance applications increased 18.7 percent while applications to purchase a home fell 1.6 percent.2016-01-20T12:06:16.923"
US Stocks Close Mixed,Stock Market,"US Stocks Close MixedUnited States Stock MarketWall Street ended slightly higher on Tuesday amid a renewed drop in oil prices and following a morning rally spurred by speculation of more stimulus measures in China. The Dow Jones rose 28 points or 0.2%, after rising 184 points; the S&P 500 added 0.1% and the Nasdaq Composite fell 0.3%.2016-01-20T00:14:56.873"
Foreigners Sell $3.2 Billion of US Assets,Capital Flows,"Foreigners Sell $3.2 Billion of US AssetsUnited States Capital FlowsOverseas investors sold $3.2 billion of US assets, including short-dated instruments in November of 2015, after buying a downwardly revised $61 billion in October. However, foreigners bought $31.4 billion of long-term US securities, including government and corporate, from sales of $17.7 billion in the previous month. Foreign investors also bought $38.4 billion of US Treasuries.2016-01-19T21:19:38"
US Home Builder Confidence Steady in January,Nahb Housing Market Index,"US Home Builder Confidence Steady in JanuaryUnited States Nahb Housing Market IndexThe National Association of Home Builders/Wells Fargo Market Index was recorded at 60 in January of 2016, the same as in the previous month but lower than market expectations of 61. The index for sales expectations over the next six months dropped 3 points to 63 and the gauge for buyer traffic went down 2 points to 44 remaining in negative territory. In contrast, the index for current sales rose 2 points to 67. 2016-01-19T15:11:17"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketMarkets in the United States opened higher on Tuesday in the first trading after the Martin Luther King Jr. holiday,  following more than 2 percent drop last Friday. The Dow Jones gained 111 points or 0.69%, the S&P 500 added 17 points or 0.94% and the Nasdaq went up 60 points or 1.35% at the open. Earlier, Asian stocks rebounded and Europe was trading higher as data for the Chinese economy came in line with expectations. 2016-01-19T14:44:14"
US Stocks Fall More than 2%,Stock Market,US Stocks Fall More than 2%United States Stock MarketMarkets in the US finished in the red on Friday following Asian selloff as oil prices fell below $30 and data for retail sales and industrial production came lower than expected. The Dow Jones lost around 390 points or 2.39% after falling more than 500 points in intraday trade. The S&P 500 declined 2.2% and the Nasdaq closed 2.7% lower.2016-01-15T21:27:52.18
US Consumer Sentiment at 7-Month High,Consumer Confidence,"US Consumer Sentiment at 7-Month HighUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment increased to 93.3 in January of 2016 from 92.6 in December of 2015, above market expectations. It is the highest figure since June, driven by improved future expectations, preliminary estimates showed.
2016-01-15T15:12:57.537"
US Business Inventories Drop The Most Since 2011,Business Inventories,"US Business Inventories Drop The Most Since 2011United States Business InventoriesBusiness inventories in the United States decreased by 0.2 percent month-on-month in November 2015, after a downwardly revised 0.1 percent drop in the previous month and dropping the most since September 2011. Retail inventories excluding autos, which go into the calculation of GDP, rose 0.2 percent in November after a downwardly revised 0.3 percent gain in October.2016-01-15T15:07:03"
US Stocks Plunge at Open,Stock Market,"US Stocks Plunge at OpenUnited States Stock MarketMarkets in the United States opened lower on Friday as Asian selloff continued, oil prices fell and data for retail sales and industrial production came lower than expected. The Dow Jones fell 400 points, the Nasdaq declined 2.9% and the S&P 500 fell 1.9%.2016-01-15T14:33:36"
US Industrial Production Contracts for 3rd Month,Industrial Production Mom,"US Industrial Production Contracts for 3rd MonthUnited States Industrial Production MomIndustrial output in the United States shrank 0.4 percent in December from November of 2015, following an upwardly revised 0.9 percent drop in the previous period, mainly due to lower production in utilities, mining and manufacturing. In the fourth quarter, industrial production fell at an annual rate of 3.4 percent.2016-01-15T14:23:46"
NY Business Activity Shrinks the Most in 7 Years,NY Empire State Manufacturing Index,"NY Business Activity Shrinks the Most in 7 YearsUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index came in at -19.37 in January of 2016, compared to a downwardly revised -6.21 in December and the lowest since March of 2009. New orders (-23.54 from -6.18 in December) and shipments (-14.39 from 4.62) fell sharply. Labor market conditions continued to deteriorate, with employment indexes remaining in negative territory (subindexes for employment at -13 from -16.16 and hours worked at -6 from -27.27) while both input prices (16 from 4.04) and selling prices (4 from -4.04) increased. The six-month outlook was noticeably weaker, with the index for future general business conditions falling to 9.51, its lowest level since early 2009.2016-01-15T14:11:57"
US Producer Prices Fall 0.2% in December,Producer Price Inflation MoM,"US Producer Prices Fall 0.2% in DecemberUnited States Producer Price Inflation MoMProducer prices for final demand in the United States decreased by 0.2 percent month-on-month following a 0.3 percent growth in the previous month and matching market expectations. Prices for final demand goods fell 0.7 percent, the sixth consecutive decrease, mainly due to lower energy prices (-3.4 percent); while those for final demand services moved up 0.1 percent. Year-on-year, producer prices dropped 1 percent.2016-01-15T13:35:22"
US Retail Sales Unexpectedly Fall 0.1%,Retail Sales MoM,"US Retail Sales Unexpectedly Fall 0.1%United States Retail Sales MoMRetail sales in the United States shrank 0.1 percent in December from November of 2015, below market expectations and following an upwardly revised 0.4 percent rise in the previous period, mainly due to lower sales of winter apparel and gasoline. Excluding autos, sales also fell 0.1 percent. 
2016-01-15T13:35:08"
US Stocks Rebound,Stock Market,"US Stocks ReboundUnited States Stock MarketMarkets in the US closed in the green on Thursday, recovering from a selloff in the previous day, led by gains in energy shares amid higher oil prices while comments from Fed policymakers suggested a more slower pace of tightening. The Dow Jones added 227 points or 1.41%, the S&P 500 gained 32 points or 1.67% and the Nasdaq closed 89 points or 1.97% higher. 2016-01-14T21:31:01.187"
US Markets Open Higher,Stock Market,"US Markets Open HigherUnited States Stock MarketUS stocks opened higher on Thursday after losing sharply in the previous day as oil prices recovered slightly. The Dow Jones went up 64 points or 0.4%, the S&P 500 added 6 points or 0.31% and the Nasdaq gained 16 points or 0.35%.2016-01-14T14:38:41"
US Export Prices Fall 1.1% in December,Export Prices MoM,"US Export Prices Fall 1.1% in DecemberUnited States Export Prices MoMExport prices in the United States decreased by 1.1 percent month-on-month in December of 2015 compared to a 0.7 percent drop in November while analysts were expecting a 0.5 percent fall. It was the highest fall since August of 2015, as both agricultural (-1 percent) and non-agricultural prices (-1 percent) contributed to the overall decline. In 2015, export prices decreased by 6.5 percent, hitting the largest calendar-year drop since the index was first published in 1983.2016-01-14T13:47:26"
US Jobless Claims Up to 284K,Initial Jobless Claims,"US Jobless Claims Up to 284KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 284,000 in the week ended January 9th, an increase of 7,000 from the previous week level of 277,000. Figures came slightly above market expectations of 275,000. 
2016-01-14T13:36:10.387"
US Import Prices Drop 1.2% in December,Import Prices MoM,"US Import Prices Drop 1.2% in DecemberUnited States Import Prices MoMImport prices in the United States decreased by 1.2 percent month-on-month in December of 2015 following a 0.5 percent drop in November but beating market forecasts of 1.4 percent fall. It was the largest monthly decrease since August, driven by a 9.5 percent drop in fuel prices. Also, non-fuel prices declined by 0.3 percent. In 2015, import prices fell 8.2 percent, reaching the largest calendar-year decline since 2008 when the index fell 10.1 percent. 2016-01-14T13:33:34"
Wall Street Closes Sharply Lower,Stock Market,"Wall Street Closes Sharply LowerUnited States Stock MarketA selloff in US equities accelerated on Wednesday on concerns about global economic slowdown and ahead of major earnings reports. The S&P 500 sank 2.5%, below the key 1,900 level for the first time since September 29th; the Dow Jones fell 365 points or 2.2%; and the Nasdaq Composite declined 160 points or 3.4%. 2016-01-13T22:01:00.55"
US Posts $14 Billion Budget Gap in December,Government Budget Value,"US Posts $14 Billion Budget Gap in DecemberUnited States Government Budget ValueThe United States recorded a budget deficit of USD 14 Billion in December of 2015, compared with a surplus of USD 2 billion in the same month a year earlier as outlays surged 9 percent to USD 364 billion while receipts increased at a slower 4 percent to USD 350 billion.2016-01-13T19:07:01.5"
US Gasoline Inventories Up 8.44M,Gasoline Stocks Change,"US Gasoline Inventories Up 8.44MUnited States Gasoline Stocks ChangeStocks of gasoline in the United States went up by 8.44 million barrels in the week ended January 8th, 2016, following a 10.5 million rise in the previous week and higher than market expectations of a 2.8 million gain. 2016-01-13T15:39:14.107"
US Crude Stocks Rise Less Than Expected,Crude Oil Stocks Change,"US Crude Stocks Rise Less Than ExpectedUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States increased by 0.234 million barrels in the week ended January 8th 2016, following a 5.085 million drop last week and much lower than market expectations of a 2.6 million rise. 2016-01-13T15:36:35"
US Markets Open Higher,Stock Market,"US Markets Open HigherUnited States Stock MarketUS stocks opened higher on Wednesday, following earlier gains in Europe and most Asian markets as oil prices recover and trade data in China came better than markets expected. The Dow Jones went up 67 points or 0.41%, the S&P 500 added 9 points or 0.46% and the Nasdaq gained 21 points or 0.46%.2016-01-13T14:37:10.97"
US Mortgage Applications Jump 21.3%,Mortgage Applications,"US Mortgage Applications Jump 21.3%United States Mortgage ApplicationsMortgage applications in the United States surged 21.3 percent in the week ended January 8th 2016 from the previous week as fixed 30-year mortgage rates fell by 8 bps to 4.12 percent, data from the Mortgage Bankers Association showed. Refinance applications increased 23.8 percent and applications to purchase a home went up 17.8 percent.2016-01-13T12:05:04"
US Stocks Gain for 2nd Day,Stock Market,"US Stocks Gain for 2nd DayUnited States Stock MarketAfter starting the day higher and dipping into negative territory by the afternoon, Wall Street staged another late rally on Tuesday. The Dow Jones gained 117.65 points or 0.7%, the Nasdaq Composite was up 47.93 points or 1% and the S&P 500 closed higher 15 points or 0.8%. 
2016-01-12T23:06:13.663"
US Economic Optimism Still Low in January,Economic Optimism Index,"US Economic Optimism Still Low in JanuaryUnited States Economic Optimism IndexIBD/TIPP Optimism Index in the United States edged up by 0.1 point to 47.30 in January of 2016 from 47.2 in December, as Americans are still modestly pessimistic about the economy. While sentiment among non-investors rose 3.1 points to 49.3, benefiting from lower gasoline prices and faster job growth; investor confidence fell 1.5 points to 45.8 after the Dow industrials and S&P 500 suffered their worst week in more than four years.2016-01-12T15:15:06.8"
US Job Openings Match Expectations,Job Offers,"US Job Openings Match ExpectationsUnited States Job OffersJob openings in the United States increased to 5431 thousand in November from a downwardly revised 5349 thousand in October of 2015, in line with market expectations. The number of job openings was little changed for total private and government, increased in health care and social assistance (+57,000) and decreased in retail trade (-64,000). Among regions, job openings rose in the South and fell in the Midwest.2016-01-12T15:12:44.06"
US Stocks Open Higher,Stock Market,"US Stocks Open HigherUnited States Stock MarketMarkets in the United States opened higher on Tuesday as oil prices stabilized, Chinese shares ended in the green earlier and stocks in Europe also rebounded. The Dow Jones jumped 121 points or 0.74%, the S&P 500 added 14 points or 0.75% and the Nasdaq gained 47 points or 1% at open.2016-01-12T14:36:04.487"
US Stocks End Mostly Higher,Stock Market,"US Stocks End Mostly HigherUnited States Stock MarketUS equities rose in the last 30 minutes of trading, after a volatile session as gains in consumer and technology sector offset rising concerns over the slowdown in China that continued to weight on commodities. The S&P 500 ended up 0.1% at 1923.7 points, the Dow Jones climbed 0.32% to 16,398.6 while the Nasdaq Composite was down 0.12% after falling 1% earlier.2016-01-11T23:32:15"
US Stocks Open Slightly Higher,Stock Market,"US Stocks Open Slightly HigherUnited States Stock MarketStock market in the United States opened higher on Monday despite an earlier sell-off in China and falling oil prices. The Dow Jones was up 59 points or 0.36%, the S&P 500 gained 2 points or 0.1% and the Nasdaq rose 4 points or 0.06% 25 minutes after opening. Gains was led by technology, consumer discretionary and consumer staples shares. 2016-01-11T14:55:06"
US Consumer Credit Change Below Expectations,Consumer Credit,"US Consumer Credit Change Below ExpectationsUnited States Consumer CreditConsumer credit in the United States increased by 13.95 USD billion in November of 2015, lower than a downwardly revised 15.61 USD billion in October and below market expectations of a 18.25 USD billion gain. Revolving credit rose by 5.65 USD billion, following an upwardly revised 0.65 USD billion in October while nonrevolving credit slowed to 8.29 USD billion from 15.55 USD billion. 2016-01-08T20:11:54"
US Jobless Rate Steady at 7-1/2-Year Low,Unemployment Rate,"US Jobless Rate Steady at 7-1/2-Year LowUnited States Unemployment RateUnemployment rate in the United States was recorded at 5 percent in December 2015, unchanged from the November rate and remaining at its lowest level since April of 2008 even as more people entered the labor force. The number of unemployed persons, at 7.9 million, was essentially unchanged in December.2016-01-08T13:33:18"
US Economy Adds 292K Jobs in December,Non Farm Payrolls,"US Economy Adds 292K Jobs in DecemberUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 292,000 in December of 2015, higher than an upwardly revised 252,000 in the previous month and beating market expectations of 200,000. Employment gains occurred in several industries, led by professional and business services, construction, health care, and food services and drinking places. Mining employment continued to decline. In 2015, payroll employment growth totaled 2.7 million, compared with 3.1 million in 2014. 2016-01-08T13:32:50"
US Stocks Fall,Stock Market,"US Stocks Fall United States Stock MarketThe Dow Jones Industrial Average closed 2.3% down or 392 points, the S&P 500 dropped 2.4% or 47 points and the Nasdaq lost 3% or 146 points on Thursday, joining global selloff after share trading in China was halted following a 7% decline.2016-01-07T21:36:25.973"
US Stocks Fall,Stock Market,"US Stocks FallUnited States Stock MarketThe Dow Jones Industrial Average was down 1.12% or 188.33 points, the S&P 500 dropped 1.2% or 23.81 points and the Nasdaq declined 1.69% or 83.31 points by 10:20 AM NY time on Thursday, joining global selloff after share trading in China was halted following a 7% decline.2016-01-07T15:24:08"
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 277,000 in the week ended January 2nd, a decrease of 10,000 from the previous week level of 287,000. Figures came slightly above market expectations of 275,000.2016-01-07T13:35:20.523"
US Planned Layoffs at 15-Year Low,Challenger Job Cuts,"US Planned Layoffs at 15-Year LowUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States fell 24 percent to 23622 in December from 30953 in November of 2015. It is the lowest figure since June of 2000 and the lowest ever for a December month. The December decline was significant enough to prevent 2015 job cuts from reaching a six-year high. In all, employers announced 598,510 job cuts in 2015, 24 percent more than the 483,171 planned layoffs in 2014 and the highest since 2011.2016-01-07T12:32:58"
"Fed Raises Concerns Over Inflation, Hikes Rates",Interest Rate,"Fed Raises Concerns Over Inflation, Hikes RatesUnited States Interest RateThe Federal Reserve raised the range of its benchmark interest rate by a quarter of a percentage point to between 0.25 percent and 0.50 percent last month but concerns about prolonged low inflation persist, minutes from December FOMC meeting showed. Policymakers said they will carefully monitor actual and expected progress toward inflation goal in deciding for further rate adjustments.2016-01-06T19:20:30.717"
US Gasoline Stocks Rise the Most Since 1993,Gasoline Stocks Change,"US Gasoline Stocks Rise the Most Since 1993United States Gasoline Stocks ChangeGasoline inventories in US rose by 10.57 million to 232 million barrels in the week ending January 1st
pointing to a big production surplus. Total motor gasoline supplied averaged 9 million barrels a day for the past four weeks, down by 3.6% compared with the same period a year ago, EIA reported. 
2016-01-06T17:06:54.423"
US Crude Stocks Down 5.1M,Crude Oil Stocks Change,"US Crude Stocks Down 5.1MUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States fell by 5.085 million barrels in the week ended January 1st 2016 after rising by 2.6 million barrels in the previous week and compared to market expectations of a 0.4 million increase. In contrast, gasoline stocks went up by 10.5 million barrels, the biggest increase since 1993.2016-01-06T15:38:35.507"
US Factory Orders Fall 0.2% in November,Factory Orders,"US Factory Orders Fall 0.2% in NovemberUnited States Factory OrdersNew orders for manufactured goods in the United States dropped 0.2 percent month-on-month in November of 2015, following a downwardly revised 1.3 percent gain in the previous month, as new orders for manufactured non-durable goods decreased 0.4 percent while those for manufactured durable goods were virtually unchanged. Orders for non-defense capital goods excluding aircraft, which is considered a measure of business confidence and spending plans, also fell by 0.3 percent compared to a 0.4 percent drop reported last month.2016-01-06T15:13:16"
US ISM Non Manufacturing PMI Falls to 20-Month Low,Non Manufacturing PMI,"US ISM Non Manufacturing PMI Falls to 20-Month LowUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index registered 55.3 percent in December of 2015, down from 55.9 percent in November and below market forecasts. It is the lowest reading since April of 2014 mainly due to a drop in prices, supplier deliveries and inventories.2016-01-06T15:09:15"
US Services Sector Growth at 11-Month Low: Markit,Services PMI,"US Services Sector Growth at 11-Month Low: MarkitUnited States Services PMIThe final Markit US Services PMI for December of 2015 came in at 54.3, slightly up from a flash reading of 53.7 but lower than 56.1 in November. Both output and new business growth eased to the lowest since January, optimism moderated to the weakest level since July and input cost inflation eased. 2016-01-06T14:51:07"
US Imports Lowest Since February,Imports,US Imports Lowest Since FebruaryUnited States ImportsImports to US fell 1.7 percent to $224.6 billion mostly due to decline in shipments of electronic goods and lower prices for crude oil and other commodities such as steel. 2016-01-06T13:51:47.61
US Exports Lowest Since January 2012,Exports,"US Exports Lowest Since January 2012United States ExportsExports from US declined 0.9 percent to $182.2 billion in November of 2015, the lowest since early 2012 due to weak global growth and a strong dollar that’s made American goods more expensive. 2016-01-06T13:45:16"
US Trade Deficit Narrows in November,Balance of Trade,"US Trade Deficit Narrows in NovemberUnited States Balance of TradeUS goods and services deficit was $42.4 billion in November of 2015, down $2.2 billion from $44.6 billion in October. The lower deficit was mostly a result of falling shipments of electronic goods as well as lower prices for crude oil and other commodities such as steel.
2016-01-06T13:36:23"
US Private Sector Employment Rises The Most in a Year: ADP,ADP Employment Change,"US Private Sector Employment Rises The Most in a Year: ADPUnited States ADP Employment ChangePrivate businesses in the United States hired 257 thousand workers in December of 2015 compared to a downwardly revised 211 thousand in November. It is the highest employment gain since December of 2014 and much better than market expectations of a 192 thousand rise. The service-providing sector added 234 thousand jobs and goods-producing added 23 thousand: professional/business activities added 66 thousand jobs, trade/transportation/utilities 38 thousand, construction 24 thousand, financial activities 13 thousand and manufacturing 2 thousand.2016-01-06T13:18:46"
US Mortgage Applications Slump by 11.6%,Mortgage Applications,"US Mortgage Applications Slump by 11.6%United States Mortgage ApplicationsMortgage applications in the United States tumbled 11.6 percent in the week ended January 1st 2016 from the previous week as fixed 30-year mortgage rates rose to 4.2 percent, the highest since mid-July, data from the Mortgage Bankers Association showed. Refinance applications dropped 12.4 percent and applications to purchase a home went down 11.1 percent. Compared to two weeks earlier, mortgage applications shrank 27 percent, refinance slumped 37 percent and purchases declined 15 percent.2016-01-06T12:16:16"
US ISM NY Business Index Rises in December,Ism New York Index,"US ISM NY Business Index Rises in DecemberUnited States Ism New York IndexThe ISM NY Current Business Conditions Index rose to 62 in December of 2015 from 60.7 in November and the 6-month outlook improved to 70.7 from 66. At the company level, employment improved slightly but remained in contraction (42.9 from 39.9); quantity of purchases moved into neutral (50.0 from 46.7) and current revenues went up (60 from 57.1). In contrast, expected revenues decreased (50 from 71.4), prices paid declined (55 from 62.5) and prices received were steady (at 50).2016-01-05T15:01:35"
Dollar Index Rises to 1-Month High,Currency,"Dollar Index Rises to 1-Month HighUnited States CurrencyThe dollar index rose 0.41% to 99.29 by 9:30 AM NY time on Tuesday, the highest in a month as several currencies were hurt by the uncertainty in the Chinese markets. The USD was trading 0.68% higher against the Euro, after disappointing inflation data for the Eurozone was released.2016-01-05T14:44:49"
US Stocks Plunge,Stock Market,"US Stocks Plunge United States Stock MarketThe Dow Jones Industrial Average was down 2.27% or 395.25 points, the S&P 500 dropped 2.2% or 45.2 points and the Nasdaq declined 2.9% or 144 points by 10:35 AM NY time on Monday, joining global selloff after Chinese equities fell 7%. 2016-01-04T15:41:32"
US Construction Spending Posts First Fall in 1-1/2 Years,Construction Spending,"US Construction Spending Posts First Fall in 1-1/2 YearsUnited States Construction SpendingTotal construction activity in the United States decreased by 0.4 percent month-on-month to a seasonally adjusted annual rate of $1,122.5 billion in November of 2015 from $1,127.0 billion in the previous month. It was the first drop since June 2014, as a fall in nonresidential investment by 0.8 percent offset an increase in housing outlays by 0.2 percent. The government revised construction data from January 2005 through October 2015, showing that construction spending was not as strong as previously reported for much of 2015.2016-01-04T15:12:09"
US Factory Activity at 6-1/2-Year Low,Business Confidence,"US Factory Activity at 6-1/2-Year LowUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI decreased to 48.2 in December of 2015 from 48.6 in November. It is the second consecutive month of contraction in the manufacturing activity and the lowest reading since June of 2009 due to falls in new orders, production, employment and raw materials inventories.2016-01-04T15:06:26"
US Markit PMI Slightly Below Expectations,Manufacturing PMI,"US Markit PMI Slightly Below ExpectationsUnited States Manufacturing PMIThe final Markit US Manufacturing PMI came in at 51.2 in December of 2015, lower than a preliminary reading of 51.3 and a final of 52.8 in the previous month. It is the lowest figure since October of 2012 as output and new business growth slowed and input costs declined again.2016-01-04T14:51:32.307"
US Stocks Report First Annual Loses Since 2008,Stock Market,"US Stocks Report First Annual Loses Since 2008United States Stock MarketThe Dow Jones Industrial Average was down 2.2% in 2015, first decline since 2008 when it fell 34%. After three years if double digit gains, the S&P 500 dropped 0.7% with 281 stocks posting losses. On the other hand, The Nasdaq Composite was up 5.7%.2016-01-01T17:37:53"
Chicago PMI Contracts The Most Since July 2009,Chicago Pmi,"Chicago PMI Contracts The Most Since July 2009United States Chicago PmiThe Chicago PMI in the United States decreased by 5.8 points to 42.90 points in December of 2015. It is the biggest contraction since July 2009 as order backlogs and new orders dropped to the lowest level since May 2009,  employment component declined back below the 50 neutral mark and production was down for the sixth time this year. On the other hand, Supplier Deliveries expanded 4.8 points to 56.5. 2015-12-31T15:27:27"
Initial Jobless Claims Highest Since July,Initial Jobless Claims,"Initial Jobless Claims Highest Since JulyUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits in the United States increased by 20 thousand to 287 thousand in the week ending December 26 of 2015.  That was the highest level since July, although in recent months the claims have held near a 42-year low.2015-12-31T13:46:09.483"
US Crude Oil Stocks Rise by 2.63M barrels,Crude Oil Stocks Change,US Crude Oil Stocks Rise by 2.63M barrelsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 2.63 million barrels in the week ending December 25 of 2015.2015-12-30T15:32:56.307
Pending Home Sales in US Disappoint,Pending Home Sales,"Pending Home Sales in US DisappointUnited States Pending Home SalesContracts to buy previously owned US homes increased 2.70 percent in November of 2015 over the same month in the previous year. It is the smallest increase since October 2014.  Month-on-month, pending home sales index slipped 0.9 percent against expected 0.5 percent increase. Contracts fell 3 percent in the Northeast and were down 5.5 percent in the West. They rose 1.3 percent in the South and gained 1.0 percent in the Midwest.2015-12-30T15:07:27"
US S&P/Case-Shiller Home Prices Beat Forecasts,Case Shiller Home Price Index YoY,"US S&P/Case-Shiller Home Prices Beat ForecastsUnited States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the US increased 5.5% yoy in October, more than a 5.4% in September and higher than market expectations. San Francisco, Denver and Portland continued to report highest annual gains with prices being up 10.9 percent. Twelve of the top 20 largest cities saw bigger annual gains in October than in September.2015-12-29T14:12:34"
Dallas Fed Business Activity Below Forecasts,Dallas Fed Manufacturing Index,"Dallas Fed Business Activity Below ForecastsUnited States Dallas Fed Manufacturing Index The Dallas Fed General Business Activity Index decreased to -20.1 in December of 2015 from -4.9 in December, well below market expectations of -7. The index has been negative throughout 2015 while the company outlook fell 10 points to -9.7, its lowest level since August. New orders dipped to -8.9 from -1.6 and the growth rate of orders has been negative for more than a year (-14.3 from -7.3). In contrast, the production index rose to 13.4 from 5.2 and the employment index increased to 12.8 from 11.6.2015-12-28T15:52:46"
US Jobless Claims Down to 267K,Initial Jobless Claims,"US Jobless Claims Down to 267KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 267,000 in the week ended December 19th, a decrease of 5,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 271,000 to 272,000.2015-12-24T13:36:35"
US Crude Oil Stocks Down by 5.8M,Crude Oil Stocks Change,"US Crude Oil Stocks Down by 5.8MUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States fell by 5.877 million barrels in the week ended December 18th compared to markets expectations of a 1.1 million barrels rise. Gasoline inventories increased by 1111 thousand barrels, below market expectations but the sixth week of gains.2015-12-23T15:33:58.247"
US Consumer Sentiment at 5-Month High,Consumer Confidence,"US Consumer Sentiment at 5-Month HighUnited States Consumer ConfidenceThe University of Michigan's final reading on the overall index of consumer sentiment came in at 92.6 in December of 2015, higher than a first reading of 91.8 and hitting its highest level since July this year. Consumers were more optimistic over their current conditions due to lower inflation, which bolstered real incomes, while they felt less confident about their future situation. Meanwhile, inflation expectations for the next year decreased slightly.2015-12-23T15:11:02"
US New Home Sales Below Forecasts,New Home Sales,"US New Home Sales Below ForecastsUnited States New Home SalesSales of new single-family houses in November of 2015 were at a seasonally adjusted annual rate of 490,000, up 4.3 percent from last month but below market expectations. October sales were revised downwards to 470,000 from 495,000.2015-12-23T15:05:18"
"US Personal Spending, Income Up 0.3%",Personal Spending,"US Personal Spending, Income Up 0.3%United States Personal SpendingConsumer spending in the US increased 0.3 percent in November, after posting no growth in the previous month. Income also increased 0.3 percent after an unrevised 0.4 percent gain in October, rising for the eighth straight month. 
2015-12-23T13:40:03"
US Durable Goods Orders Flat in November,Durable Goods Orders,"US Durable Goods Orders Flat in NovemberUnited States Durable Goods OrdersNew orders for US manufactured durable goods were virtually unchanged or rose $0.1 billion in November of 2015, following a downwardly revised 2.9 percent growth in the previous month, as new orders for transportation equipment increased by 0.4 percent. Excluding transportation, new orders decreased 0.1 percent while excluding defense, orders fell 1.5 percent.2015-12-23T13:35:06"
US Mortgage Applications Jump 7.3%,Mortgage Applications,"US Mortgage Applications Jump 7.3%United States Mortgage ApplicationsApplications for house mortgages in US rose 7.3 percent in the week ended December 18th, 2015, recovering from a 1.1 percent drop in the previous week. Fixed 30-year mortgage rates went up 2bps to 4.16 percent. Refinancing applications jumped 10.8 percent while purchase applications went up 4.1 percent.2015-12-23T12:06:43.273"
US Existing Home Sales at 19-Month Low,Existing Home Sales,"US Existing Home Sales at 19-Month LowUnited States Existing Home SalesSales of previously owned houses tumbled 10.5 percent to a seasonally adjusted annual rate of 4760 thousand in November of 2015, the biggest drop in five years to the lowest figure since April of 2014. The introduction of new regulations on paperwork for home purchases may explain the decrease: sales of single family units fell 12.1 percent while those of condos rose 1.7 percent. The average price increased 0.4 percent and the months’ worth of supply edged up to 5.1.2015-12-22T15:11:59.35"
Richmond Fed Manufacturing Index At 5-Month High,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index At 5-Month HighUnited States Richmond Fed Manufacturing Index The Richmond Fed Manufacturing Activity Index increased to 6 in December following three consecutive declines and pointing to an expansion in manufacturing output in the US fifth district, including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia. The volume of new orders picked up in December, while shipments flattened. Manufacturing employment strengthened this month and average wages rose moderately.2015-12-22T15:05:25"
US House Price Index Up 0.5%: FHFA,FHFA House Price Index MoM,"US House Price Index Up 0.5%: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.50 percent in October of 2015 over the previous month, beating market expectations of a 0.4 percent gain but slowing from a 0.8 percent rise in the previous period. Year-on-year, the FHFA house price index went up 6.1 percent.2015-12-22T14:09:40"
US GDP Growth Revised Down to 2% in Q3,GDP Growth Rate,"US GDP Growth Revised Down to 2% in Q3United States GDP Growth RateThe US economy advanced an annualized 2 percent in the three months to September of 2015, slightly lower than a 2.1 percent expansion reported in the second estimate but above market expectations of a 1.9 percent growth. The reduction in the growth reflected a smaller increase in inventories than previously estimated while consumer spending was little changed.2015-12-22T13:34:56"
US Chicago Fed National Activity Index Disappoints,Chicago Fed National Activity Index,"US Chicago Fed National Activity Index DisappointsUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index came in -0.30 in November of 2015, down from a downwardly revised -0.17 in October and much lower than market expectations of 0.1. Two of the four broad categories decreased from October, and three of the four categories made negative contributions to the index:  the contribution from production-related indicators decreased to –0.27 from –0.11; employment-related indicators contributed +0.05, down slightly from +0.08 and personal consumption and housing category edged up to –0.06 in November from –0.11 in October.2015-12-21T13:45:58.497"
US Private Sector Activity at 12-Month Low,Composite Pmi,"US Private Sector Activity at 12-Month LowUnited States Composite PmiThe Markit flash US Composite PMI came in 53.5 in December of 2015, down from 55.9 in the previous month and reaching the lowest since December last year as growth in both manufacturing and services sector slowed. 2015-12-18T14:59:21.213"
US Services Sector Activity Slows Sharply,Services PMI,"US Services Sector Activity Slows SharplyUnited States Services PMIThe Markit flash US Services PMI came in 53.7 in December from 56.1 in the previous month, reaching the lowest since December last year. Incoming new work expanded at the slowest pace since January while weaker growth of new business contributed to a decrease in backlogs of work for the fifth month. Service providers were optimistic overall about their prospects for growth over the course of 2016, with just over one-third expecting a rise in business activity while only 5 percent forecast a reduction. However, the degree of positive sentiment dipped to its lowest recorded for just over five years.2015-12-18T14:51:56"
US Current Account Deficit Widens in Q3,Current Account,US Current Account Deficit Widens in Q3United States Current AccountThe current account gap in the US rose to USD 124.1 billion or 2.7% of GDP in the third quarter of 2015 from an upwardly revised USD 111.1 billion or 2.5% of GDP in the second quarter. The increase in the deficit was largely accounted for by a decrease in the surplus on primary income (USD 46.1 billion from USD 52.8 billion) and an increase in the deficit on secondary income (USD -36.6 billion from USD -30.8 billion).2015-12-17T13:42:47
US Jobless Claims Down to 271K,Initial Jobless Claims,"US Jobless Claims Down to 271KUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 271,000 in the week ended December 12th, a decrease of 11,000 from the previous week's unrevised level of 282,000 and staying below market expectations of 275,000. 2015-12-17T13:34:24.21"
Fed Hikes Key Rate to 0.5%,Interest Rate,"Fed Hikes Key Rate to 0.5%United States Interest RateThe Federal Reserve raised the Fed funds rate by 25 basis points to 0.25 percent to 0.5 percent, during its FOMC meeting held on December 16th. While the Fed said is ""reasonably confident that inflation will rise, over the medium term, to its 2 percent objective"" , Fed Governors were also carefully to point that ""economic conditions will evolve in a manner that will warrant only gradual increases in the federal funds rate"". It was the first hike since June 2006 when Ben Bernanke increased the benchmark rate from 5 to 5.25 percent. 2015-12-16T19:01:46"
US Crude Oil Stocks Rise the Most in 6 Weeks,Crude Oil Stocks Change,"US Crude Oil Stocks Rise the Most in 6 WeeksUnited States Crude Oil Stocks ChangeInventories of crude oil in the United States increased by 4.801 million barrels in the week ended December 11th, rebounding from a 3.568 million drop in the previous week. It is the biggest increase since early November and well above market expectations of a 1.4 million drop. Gasoline stocks went up by 1.713 million barrels. 2015-12-16T15:34:18"
US Factory Activity Growth at 3-Year Low: Markit,Manufacturing PMI,US Factory Activity Growth at 3-Year Low: MarkitUnited States Manufacturing PMIThe Markit flash US Manufacturing PMI fell to 51.3 in December of 2015 from 52.8 in the previous month. It is the weakest figure since November of 2012 as new order index was the lowest since September 2009 and production volumes rose the least since October 2013.2015-12-16T14:52:11
US Industrial Output Falls The Most Since March 2012,Industrial Production Mom,"US Industrial Output Falls The Most Since March 2012United States Industrial Production MomIndustrial output in the United States shrank 0.6 percent in November, following an upwardly revised 0.4 percent drop in the previous month, dragged down by decline in mining and utilities while manufacturing was flat. It is the biggest fall reported since March of 2012. 2015-12-16T14:21:31"
"US Housing Starts, Building Permits Surge",Housing Starts,"US Housing Starts, Building Permits SurgeUnited States Housing StartsHousing starts in the Unites States jumped 10.5 percent to a seasonally adjusted annual rate of 1173 thousand in November of 2015, compared to an upwardly revised 1062 thousand in the previous month, beating market expectations. Building permits went up 11 percent to 1289 thousand, the highest in five months. 2015-12-16T13:34:47.003"
US Building Permits Rise to 5-Month High,Building Permits,"US Building Permits Rise to 5-Month HighUnited States Building PermitsBuilding permits for privately-owned housing units in the United States rose sharply by 11 percent month-on-month to a seasonally adjusted annual rate of 1,289,000 in November of 2015 while analysts were expecting a monthly drop of 1 percent. Single-family authorizations rose 1.1 percent to 723,000 and those of units in buildings with five units or more went up 30.8 percent to 539,000. Year-on-year, building permits increased by 19.5 percent.2015-12-16T13:33:06"
US Mortgage Applications Fall in Latest Week,Mortgage Applications,"US Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsApplications for house mortgages in US fell 1.1 percent in the week ended December 11th, 2015, following a 1.2 percent rise in the previous week. Fixed 30-year mortgage rates were unchanged at 4.14 percent. Refinancing applications went up 1.4 percent while purchase applications fell 2.8 percent.2015-12-16T12:03:50"
Foreigners Buy $68.9 Billion of US Assets,Capital Flows,"Foreigners Buy $68.9 Billion of US AssetsUnited States Capital FlowsOverseas investors bought $68.9 billion of U.S. assets, including short-dated instruments in October of 2015, after selling a revised $172.7 billion in September. However, foreigners sold $16.6 billion of long-term U.S. securities, including government and corporate, from purchases of $33.6 billion in the previous month. Foreign investors also sold $55.2 billion of US Treasuries.2015-12-15T21:16:02.593"
US Homebuilder Confidence Falls for 2nd Month,Nahb Housing Market Index,"US Homebuilder Confidence Falls for 2nd MonthUnited States Nahb Housing Market IndexThe National Association of Home Builders/Wells Fargo Market Index decreased to 61 in December of 2015 from 62 in November, lower than market expectations. The index for current sales decreased 1 point to 66 and sales expectations over the next six months dropped two points to 67. The gauge for buyer traffic remained in negative territory and went down two points to 46. 2015-12-15T15:08:10.6"
NY Business Activity Falls for 5th Month,NY Empire State Manufacturing Index,"NY Business Activity Falls for 5th MonthUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index came in at -4.59 in December of 2015 from -10.74 in November. New orders continued to drop (-5.07 in December from -11.82 in November), but shipments increased for the first time since the summer (5.51 from -4.1). Price indexes suggested that input prices (4.04 from 4.55) increased slightly, while selling prices remained slightly lower (-4.04 from -4.55). Labor market conditions deteriorated noticeably, with survey indicators pointing to a sharp decline in both employment levels (-16.16 from -7.27) and hours worked (-27.27 from -14.55). Nonetheless, indexes for the six-month outlook increased markedly (38.51 from 20.33), suggesting more widespread optimism about future business conditions.2015-12-15T14:01:45.84"
US Inflation Rate Edges Higher in November,Inflation Rate,"US Inflation Rate Edges Higher in NovemberUnited States Inflation RateUS annual inflation rate was reported at 0.5% in November, the highest so far this year and above market expectations. Excluding food and energy, the annual rate quickened to 2 percent, the most in 18 months. On a monthly basis, consumer prices were flat, slowing from a 0.2% gain in October. 2015-12-15T13:33:18"
US Consumer Sentiment Rises in December,Consumer Confidence,"US Consumer Sentiment Rises in DecemberUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment increased to 91.8 in December from 91.3 in November of 2015 but slightly below market expectations. Current conditions improved but consumers are less optimistic over the future, preliminary figures showed. 2015-12-11T15:07:29"
US Business Inventories Unchanged in October,Business Inventories,"US Business Inventories Unchanged in OctoberUnited States Business InventoriesManufacturers’ and trade inventories were estimated at $1,814.5 billion in October of 2015, virtually unchanged from September and following a downwardly revised 0.1 percent growth in the previous month. Meanwhile, retail inventories excluding autos, which go into the calculation of GDP, increased 0.4 percent after a 0.5 percent gain in September. Year-on-year, business inventories were up 2 percent from $1,778.3 billion a year earlier.2015-12-11T15:07:03"
US Producer Prices Rise 0.3% in November,Producer Price Inflation MoM,"US Producer Prices Rise 0.3% in NovemberUnited States Producer Price Inflation MoMProducer prices in the United States increased unexpectedly by 0.3 percent month-on-month in November of 2015, after falling by 0.4 percent in the previous month and beating market expectations of 0.1 percent drop. Prices of final demand services advanced 0.5 percent, following two consecutive decreases, as costs for trade services climbed 1.2 percent. By contrast, the index for final demand goods inched down 0.1 percent, the fifth straight fall, mainly due to lower prices for gasoline, which fell 1.3 percent. Year-on-year, producer prices declined for the tenth straight month by 1.1 percent, compared to a 1.6 percent decline in October.2015-12-11T13:37:03.903"
US Retail Sales Edge Up 0.2%,Retail Sales MoM,"US Retail Sales Edge Up 0.2%United States Retail Sales MoMRetail sales in the United States increased 0.2 percent in November from October, slightly below market expectations of a 0.3 percent rise but the biggest gain in four months. Excluding autos, sales went up 0.4 percent, better than forecasts while core retail sales jumped 0.6 percent. 2015-12-11T13:36:51"
US Budget Deficit Widens in November,Government Budget Value,"US Budget Deficit Widens in NovemberUnited States Government Budget ValueThe United States recorded a budget gap of USD 65 Billion in November of 2015, compared to a USD 57 billion deficit a year earlier as outlays surged 8.9 percent to USD 270 billion while receipts increased at a slower 7.3 percent to USD 205 billion. 2015-12-10T19:08:27"
US Import Prices Fall Less than Expected,Import Prices MoM,"US Import Prices Fall Less than ExpectedUnited States Import Prices MoMImport prices in the United Sates fell 0.4 percent in November from October of 2015, much lower than a 0.7 percent drop markets expected. Fuel prices went down 2.5 percent and nonfuel export prices edged down 0.2 percent. Import prices have trended down throughout 2015, declining each month with the exception of May and June. Year-on-year, import prices decreased 9.4 percent. 2015-12-10T13:43:37.617"
US Export Prices Down 0.6%,Export Prices MoM,"US Export Prices Down 0.6%United States Export Prices MoMExport prices in the United Sates declined 0.6 percent in November from October of 2015, following a 0.2 percent drop in the previous period, mainly due to a 1.1 percent fall in agricultural prices and a 0.6 percent decrease in nonagricultural. Year-on-year, export prices tumbled 6.3 percent.2015-12-10T13:39:19"
US Jobless Claims at 5-Month High,Initial Jobless Claims,"US Jobless Claims at 5-Month HighUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 282,000 in the week ended December 5th, a sharp increase of 13,000 from the previous week's unrevised level of 269,000 and staying way above market expectations of 269,000. It was the highest figure in more than twenty weeks, when jobless claims hit 296,000 in the week ended July 4th.2015-12-10T13:33:41"
US Crude Oil Stocks Post First Drop in 11 Weeks,Crude Oil Stocks Change,"US Crude Oil Stocks Post First Drop in 11 WeeksUnited States Crude Oil Stocks ChangeInventories of crude oil in the United States decreased by 3.568 million barrels in the week ending December 4 of 2015, well below market expectations. It is the first fall since mid-September and the biggest in five months. Gasoline stocks grew by 786 thousand, also lower than expected.
2015-12-09T15:35:23"
US Wholesale Inventories Unexpectedly Shrink,Wholesale Inventories,"US Wholesale Inventories Unexpectedly ShrinkUnited States Wholesale InventoriesWholesale stocks in the United States decreased 0.1 percent to USD 585.9 billion in October from September of 2015, compared to a downwardly revised 0.2 percent rise in the previous period. Inventories of both durable and nondurable goods were down 0.1 percent: metals and minerals, except petroleum fell 1.1 percent and farm product raw materials were down 5.2 percent while stocks of electrical and electronic goods were up 0.6 percent and those of paper and paper products increased 1.6 percent.2015-12-09T15:08:21.73"
US Mortgage Applications Rebound in Latest Week,Mortgage Applications,"US Mortgage Applications Rebound in Latest WeekUnited States Mortgage ApplicationsApplications for U.S. house mortgages rose 1.2 percent in the week ended December 4th, 2015, following a 0.2 percent fall in the previous week while fixed 30-year mortgage rates increased 2bps to 4.14 percent. Refinancing applications went up 3.5 percent while purchase applications were flat.2015-12-09T12:05:01.627"
United States Job Openings Fall in October,Job Offers,"United States Job Openings Fall in OctoberUnited States Job OffersJob openings in the United States decreased to 5383 thousand in October from a downwardly revised 5534 thousand in September of 2015, below market expectations. The number of job openings was little changed in October for total private and government. Job openings decreased in professional and business services (-137,000) and in the West region (-132,000).2015-12-08T15:09:24"
US Small Business Confidence at 5-Month Low,NFIB Business Optimism Index,"US Small Business Confidence at 5-Month LowUnited States NFIB Business Optimism IndexThe NFIB Business Optimism Index in the United States decreased to 94.8 in November of 2015 from 96.1 in the previous month, below market expectations of 96.6. It is the lowest figure since June.2015-12-08T11:09:16.987"
US Consumer Credit Change Below Forecasts,Consumer Credit,"US Consumer Credit Change Below ForecastsUnited States Consumer CreditConsumer credit in the United States increased by 15.98 USD billion in October of 2015, lower than a downwardly revised 28.57 USD billion in September and below market expectations of a 20 USD billion gain. Revolving credit went up by 0.179 USD billion, slowing sharply from a 6.65 USD billion rise in the previous month and nonrevolving credit increased by 15.8 USD billion, compared to a 21.9 billion USD rise in September.2015-12-07T20:08:38.28"
US Stocks Rally 2% on Friday,Stock Market,"US Stocks Rally 2% on FridayUnited States Stock MarketMarkets in the United States finished nearly 2% higher on Friday after a better-than-expected jobs report for November increased expectations for a Fed rate hike later this month. The Dow Jones rose 369.96 index points or 2.12% to 17847.63, the S&P 500 gained 2.05% and the Nasdaq finished 2.08% higher.2015-12-04T21:22:49.637"
US Exports Lowest Since October 2012,Exports,"US Exports Lowest Since October 2012United States ExportsExports fell 1.4 percent to $184.1 billion, the lowest level since October 2012. Exports of goods were the lowest since June 2011. Food exports were the lowest since March 2012, while exports of industrial supplies and materials were the weakest in five years. Petroleum exports hit their lowest level since December 2010.2015-12-04T13:47:35.1"
US Trade Deficit Widens in October,Balance of Trade,"US Trade Deficit Widens in OctoberUnited States Balance of TradeUS. trade gap declined unexpectedly to $43.9 billion in October as exports fell to a three-year low hurt by strong dollar. 
2015-12-04T13:37:16"
US Jobless Rate Remains at Lowest Since April 2008,Unemployment Rate,"US Jobless Rate Remains at Lowest Since April 2008United States Unemployment RateUnemployment rate in the US was recorded at 5 percent in November 2015, the same as in the previous month and the lowest in more than seven years, while total nonfarm payroll employment increased by a higher-than-expected 211,000. Job gains occurred in construction, professional and technical services, and health care. Mining and information lost jobs.2015-12-04T13:35:26"
US Economy Adds 211K Jobs in November,Non Farm Payrolls,"US Economy Adds 211K Jobs in NovemberUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 211,000 in November, lower than an upwardly revised 298,000 in the previous month but beating market expectations of 200,000. Job growth occurred in construction, professional and technical services, and health care while employment in mining and information declined.2015-12-04T13:33:04"
Fed Yellen Confirms US Economy is Performing Well,Interest Rate,"Fed Yellen Confirms US Economy is Performing WellUnited States Interest RateEconomic growth is anticipated to be sufficient to generate additional increases in employment and a rise in inflation to Fed's 2 percent objective and economic and financial information received since last FOMC meeting has been consistent with forecasts, Fed Chair Yellen reinforced in her testimony before the Joint Congressional Economic Committee on December 3rd. The remarks were very similar to ones made in the previous day in a speech at the Economic Club of Washington. 2015-12-03T15:36:32"
US Factory Orders Rise 1.5% in October,Factory Orders,"US Factory Orders Rise 1.5% in OctoberUnited States Factory OrdersNew orders for manufactured goods in the United States expanded by a higher-than-expected 1.5 percent month-on-month in October of 2015, following two consecutive monthly declines. It was the highest gain in four months, as demand for transportation equipment increased sharply by 7.9 percent, due to rising aircraft orders, while motor vehicle orders fell 2 percent. Despite the increase, factory activity remains weak, mainly due to a strong dollar and spending cuts in the energy sector. 2015-12-03T15:13:54"
US ISM Non Manufacturing Lowest in 5 Months,Non Manufacturing PMI,"US ISM Non Manufacturing Lowest in 5 MonthsUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index registered 55.9 percent in November of 2015, down from 59.1 percent in October, well below forecasts. It is the lowest reading since May as new orders, employment and business activity fell while prices increased.2015-12-03T15:06:19"
US Services Sector Growth at 3-Month High,Services PMI,"US Services Sector Growth at 3-Month HighUnited States Services PMIThe final Markit US Services PMI came in at 56.1 in November of 2015, lower than a preliminary estimate of 56.5 but up from 54.8 in October, the highest in three months. Business activity and new orders increased at a faster pace, job growth rebounded from October’s eight-month low and cost pressures remained muted but prices charged went up.2015-12-03T14:51:46"
US Jobless Claims Up to 269K,Initial Jobless Claims,"US Jobless Claims Up to 269KUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 269,000 in the week ended November 28th, an increase of 9,000 from the previous week's unrevised level of 260,000 and staying slightly above market expectations of 268,000. 2015-12-03T13:32:31"
US Planned Layoffs at 14-Month Low,Challenger Job Cuts,"US Planned Layoffs at 14-Month LowUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States fell by 38.7 percent to 30953 in November from 50504 in October of 2015. Around 1,355 layoffs were attributed to lower oil prices, the lowest since June while industrial goods ranked as the top job-cutting industry (7,398 planned layoffs). Year-on-year, layoffs fell 14 percent. Yet, so far this year, employers have announced 574,888 job cuts, up 28 percent from the year-to-date period in 2014.2015-12-03T12:37:04.377"
Fed Yellen Shows Confidence in US Economy,Interest Rate,"Fed Yellen Shows Confidence in US EconomyUnited States Interest RateEconomic and financial data received since last FOMC meeting has been in line with forecasts and economic growth is expected to be sufficient to achieve labor-market improvement and higher inflation, Fed Chair Yellen said in a speech at the Economic Club of Washington, suggesting the Fed is on track to raise rates in December. However, Fed Chair also said new economic data received until next meeting will be assessed. 2015-12-02T17:48:35.327"
US Crude Oil Inventories Above Expectations,Crude Oil Stocks Change,"US Crude Oil Inventories Above ExpectationsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 1.177 million barrels in the week ending November 27 of 2015, well above market expectations. In contrast, gasoline inventories grew much less than markets expected by 135 thousand.  2015-12-02T15:44:14"
New York Business Activity Growth Slows,Ism New York Index,"New York Business Activity Growth SlowsUnited States Ism New York IndexThe ISM NY Current Business Conditions Index decreased to 60.7 in November of 2015 from 65.8 in October and the 6-month outlook pulled back to 66.0 from a four-month high of 74. At the company level, employment (39.9 from 46.3 in October) and quantity of purchases (46.7 from 46.2) shrank and marked the longest sustained contractions in six and three years, respectively. In contrast, current revenues (57.1 from 54.2) and expected revenues (71.4 from 58.3) rose while price pressures increased: prices paid went up (62.5 from 46.2) and prices paid were neutral at 50.0 (from 40.9).2015-12-02T14:58:45.85"
US Labour Costs Rise More Than Expected,Labour Costs,"US Labour Costs Rise More Than ExpectedUnited States Labour CostsUnit labor costs in the US nonfarm business sector increased 1.8 percent in the third quarter of 2015, higher than a 1.4 percent rise initially estimated and beating market expectations of a 1.1 percent gain, final figures showed. Hourly compensation went up 4 percent (3 percent in the preliminary estimate) while productivity rose 2.2 percent (1.6 percent in the preliminary estimate). Unit labor costs increased 3 percent over the last four quarters (2.0 percent in the preliminary estimate).2015-12-02T13:47:14"
US Nonfarm Labour Productivity Revised Up in Q3,Productivity,"US Nonfarm Labour Productivity Revised Up in Q3United States ProductivityNonfarm labor productivity increased at a seasonally adjusted annual rate of 2.2 percent qoq in third quarter of 2015, higher than a preliminary estimate of 1.6 percent gain but slower than an upwardly revised 3.5 percent rise in the previous period, final estimates showed. Output increased more than expected by 1.8 percent (1.2 percent in the preliminary estimate) and hours worked decreased at a slower pace of 0.3 percent (-0.5 percent in the preliminary estimate), the first drop since the third quarter of 2009. Year-on-year, productivity went up 0.6 percent, compared to an initial estimate of 0.4 percent, reflecting increases in output and hours worked of 2.5 percent and 1.9 percent, respectively.2015-12-02T13:40:47.353"
US ADP Payrolls at 5-Month High,ADP Employment Change,"US ADP Payrolls at 5-Month HighUnited States ADP Employment ChangePrivate businesses in the United States hired 217 thousand workers in November of 2015 compared to an upwardly revised 196 thousand in October. It is the highest employment gain since June and much better than market expectations of a 190 thousand rise. Small companies added 81 thousand jobs, midsized 62 thousand and large 74 thousand. Private businesses in the United States hired 217 thousand workers in November of 2015 compared to an upwardly revised 196 thousand in October. It is the highest employment gain since June and much better than market expectations of a 190 thousand rise. Small companies added 81 thousand jobs, midsized 62 thousand and large 74 thousand. Goods-producing employment rose by 13 Thousand, down from 22 Thousand in the previous month. Service-providing employment rose by 204 Thousand,  a strong increase from an upwardly revised 174 Thousand in October. 2015-12-02T13:20:29"
US MBA Mortgage Applications Down 0.2%,Mortgage Applications,"US MBA Mortgage Applications Down 0.2% United States Mortgage ApplicationsApplications for U.S. house mortgages edged down 0.2 percent in the week ended November 27h, 2015, following a 3.2 percent fall in the previous week while fixed 30-year mortgage rates dropped 2bps to a 3-week low of 4.12 percent. Refinancing applications went down 6 percent while purchase applications jumped 7.7 percent.2015-12-02T12:05:03"
US Construction Spending At Near 8-Year High,Construction Spending,"US Construction Spending At Near 8-Year HighUnited States Construction SpendingTotal construction activity in the United States increased by 1 percent month-on-month to a seasonally adjusted annual rate of $1,107.4 billion in October of 2015, the highest level since December 2007. Total private construction spending grew by 0.8 percent, as spending on private residential construction rose 1 percent and investment on private non-residential construction projects went up by 0.6 percent. Also, total public construction outlays gained 1.4 percent, mainly due to higher spending on public non-residential construction (+1.4 percent) while it fell on public residential construction (-1 percent).2015-12-01T15:09:46"
US Factory Activity Unexpectedly Shrinks in November: ISM,Business Confidence,US Factory Activity Unexpectedly Shrinks in November: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI decreased to 48.6 in November of 2015 from 50.1 in October. It is the first contraction in manufacturing activity since November of 2012 and the sharpest since June of 2009.2015-12-01T15:06:24
US Markit Manufacturing PMI At 25-Month Low,Manufacturing PMI,"US Markit Manufacturing PMI At 25-Month LowUnited States Manufacturing PMIThe final Markit US Manufacturing PMI came in at 52.8 in November of 2015, slightly higher than 52.6 in the preliminary estimate, but below 54.1 reported in October. It is the lowest figure in 25 months as output, new orders and employment all expanded at slower rates while average cost burdens decreased for the third month.2015-12-01T14:49:13"
Texas Factory Activity Improves in November,Dallas Fed Manufacturing Index,"Texas Factory Activity Improves in NovemberUnited States Dallas Fed Manufacturing Index The Dallas Fed Manufacturing Index improved to -4.9 in November of 2015 from -12.7 in the previous month. The production index edged up to 5.2 from 4.8; the new orders index rose 6 points but stayed in the negative territory at -1.6 while the growth rate of orders index has been negative for 13 months and held fairly steady at -7.3. The employment index posted a double-digit increase to 11.6, its highest reading since August 2014. The company outlook index pushed up to 0.8 after three months in negative territory.  Meanwhile, the capacity utilization index posted a third positive reading but slipped to 5.9, and the shipments index remained positive but moved down to 4.2.2015-11-30T15:44:59"
US Pending Home Sales Below Expectations,Pending Home Sales,"US Pending Home Sales Below ExpectationsUnited States Pending Home SalesThe National Association of Realtors' Pending Home Sales Index rose 3.9 percent year-on-year in October of 2015, following a 3 percent increase in the previous month. On a monthly basis, contracts to buy previously owned houses edged up 0.2%, rebounding from a downwardly revised 1.6 percent drop in the previous month, due to higher sales in the Northeast and the West. 2015-11-30T15:07:35.92"
Chicago PMI Unexpectedly Falls in November,Chicago Pmi,"Chicago PMI Unexpectedly Falls in NovemberUnited States Chicago PmiThe Chicago PMI decreased to 48.7 in November from 56.2 in October of 2015, pointing to the sixth contraction in business activity in Chicago region this year. New orders fell 15.3 points to 44.1 in November from 59.4 in October, leaving it at the lowest level since March. Production also fell sharply, although managed to hold just above the neutral 50 level. Order backlogs declined for the tenth consecutive month while employment and supplier deliveries increased slightly, pushing them a little more above 50.2015-11-30T14:53:15"
European Stocks Extend Gains,6 Month Bill Yield,"European Stocks Extend GainsUnited States 6 Month Bill YieldMarkets in Europe closed in the green again on Thursday as investors await more stimulus measures from the ECB next week. The FTSE 100 gained 0.88%, the Dax went up 1.35%, the CAC 40 added 1.08% and the Ibex 35 closed 1.03% higher. 2015-11-26T17:11:53.807"
Dollar Rises to Fresh 8-Month High,Currency,"Dollar Rises to Fresh 8-Month HighUnited States CurrencyThe Dollar Index was up 0.12% to 99.72 at 1:15 PM New York time on Wednesday, the highest since mid-March, after data for durable goods orders, jobless claims and housing prices came better than market forecasts, adding further expectations the Fed will raise rates in December.2015-11-25T18:21:00.04"
European Stocks Rebound,Unemployment Rate,"European Stocks ReboundUnited States Unemployment RateEuropean markets closed in the green on Wednesday after the ECB published its Financial Stability Review, highlighting the external risks to the Euro Area increased and adding further expectations of a fresh stimulus package will be unleashed next week. In addition, the British government increased its growth forecasts for the next two years. The FTSE 100 gained 0.96%, the Dax surged 2.15%, the CAC 40 went up 1.51% and the Ibex 35 edged up 0.2%.2015-11-25T17:08:34.263"
US Crude Oil Inventories in Line with Expectations,Crude Oil Stocks Change,"US Crude Oil Inventories in Line with ExpectationsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 0.96 million barrels in the week ending November 20 of 2015, compared to market expectations of a 1 million rise. Gasoline inventories rose by 2478 thousand, the highest gain in eight weeks.
2015-11-25T15:43:13.803"
US New Home Sales Rise 10.7%,New Home Sales,"US New Home Sales Rise 10.7%United States New Home SalesSales of new single-family houses in October 2015 were at a seasonally adjusted annual rate of 495,000, up 10.7 percent from last month but below market expectations. The inventory of properties for sale reached the highest since early 2010 while both median and average prices decreased. 2015-11-25T15:07:03"
US Consumer Sentiment Revised Down in November,Consumer Confidence,"US Consumer Sentiment Revised Down in NovemberUnited States Consumer ConfidenceThe University of Michigan's final reading on the overall index of consumer sentiment came in at 91.3 in November of 2015, lower than a first reading of 93.1 but higher than a final reading of 90 in October. Although consumers were more optimistic over their current conditions and their future economic situation, markets were expecting a stronger sentiment in line with preliminary estimates. Meanwhile, inflation expectations for the next 5 to 10 years increased.2015-11-25T15:05:41"
US Service Sector Activity Growth Beats Forecasts,Services PMI,"US Service Sector Activity Growth Beats ForecastsUnited States Services PMIThe Markit flash US Services PMI came in at 56.5 in November of 2015, up from a final of 54.8 in October. It is the strongest expansion in the service sector since April, due to a rise in incoming new work and solid job creation. 2015-11-25T14:55:00"
US House Prices Rise The Most in 2-1/2 Years: FHFA,FHFA House Price Index MoM,"US House Prices Rise The Most in 2-1/2 Years: FHFAUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.80 percent in September of 2015 over the previous month, beating market expectations of a 0.5 percent gain and higher than a 0.3 percent rise in the previous period. Year-on-year, the FHFA house price index went up 6.1 percent.2015-11-25T14:05:12"
Savings Rate in US Highest Since December 2012,Personal Savings,Savings Rate in US Highest Since December 2012United States Personal SavingsHousehold Saving Rate in the United States increased to 5.60 percent in October from 5.30 percent in September of 2015. 2015-11-25T13:51:52.62
US Consumer Spending Rises Less Than Expected,Personal Spending,"US Consumer Spending Rises Less Than ExpectedUnited States Personal SpendingConsumer Spending in the US increased only 0.1 percent in October, the same as in the previous month while income gains accelerated to 0.4 percent and the saving rate jumped to the highest level in almost three years. 2015-11-25T13:48:15.61"
Personal Income In US Rises 0.4% in October,Personal Income,Personal Income In US Rises 0.4% in OctoberUnited States Personal IncomePersonal Income in the United States increased 0.40 percent in October over the previous month compared to upwardly revised 0.2 percent gain reported in September and matching market expectations.2015-11-25T13:34:51.923
US Durable Goods Orders up 3%,Durable Goods Orders,"US Durable Goods Orders up 3%United States Durable Goods OrdersNew orders for US manufactured durable goods surged 3 percent in October of 2015, recovering from a downwardly revised 0.8 percent fall in September. It is the first rise in three months and well above market expectations, boosted by transport orders. Excluding transportation, new orders increased 0.5 percent and excluding defense, new orders jumped 3.2 percent.2015-11-25T13:34:48"
US Jobless Claims Drop to 4-Week Low,Initial Jobless Claims,"US Jobless Claims Drop to 4-Week LowUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 260,000 in the week ended November 21st, a sharp decrease of 12,000 from the previous week's upwardly revised level of 272,000 and way below market expectations of 270,000. 2015-11-25T13:33:44.237"
UK Raises GDP Growth Forecasts for Next 2 Years,Building Permits,"UK Raises GDP Growth Forecasts for Next 2 YearsUnited States Building PermitsThe British economy is expected to expand 2.4 percent in 2015 and higher in the next two years, according to new forecasts from the Office for Budget Responsibility, the Finance Minister George Osborne said at his Autumn Statement to the Parliament. Figures for 2015 were left unchanged from the July forecast but those for 2016 and 2017 were raised by 1 percentage point to 2.4 percent and 2.5 percent respectively. In 2018, the GDP is estimated to increase 2.4 percent, unchanged from the previous figure and 2.3 percent in 2019, lower than 2.4 percent in the July estimate. The budget deficit for current fiscal year is expected to be higher at 3.9 percent (3.7 percent in the July estimate) and gaps for the next fiscal years were also raised. In contrast, public sector net debt forecast was lowered to 82.5 percent of GDP from 83.6 percent for current fiscal year . 2015-11-25T13:05:38"
US Mortgage Applications Fall in Latest Week,Mortgage Applications,"US Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsApplications for U.S. house mortgages fell 3.2 percent in the week ended November 20h, 2015, following a 6.2 percent rise in the previous week and despite the fact that fixed 30-year mortgage rates fell 4bps to 4.14 percent. Refinancing applications went down 4.8 percent while purchase applications decreased 0.5 percent.2015-11-25T12:11:48.233"
US Richmond Fed Manufacturing Index Declines to -3,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing Index Declines to -3United States Richmond Fed Manufacturing Index The Richmond Fed Manufacturing Activity Index decreased to -3 in November from -1 in October of 2015, pointing to a third consecutive decline in manufacturing output in the US fifth district, including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia. The index for shipments remained negative registering -2, new orders fell six points to -6 and employment flattened to 0.2015-11-24T15:10:14"
US House Prices Accelarate in September,Case Shiller Home Price Index YoY,"US House Prices Accelarate in SeptemberUnited States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5.5 percent year-on-year in September of 2015, up from a 5.1 percent increase in August and higher than market expectations. The gains were stronger in 17 cities, with prices rising the most in San Francisco (11.2 percent), Denver (10.9 percent) and Portland (10.1 percent). Phoenix had the longest streak of annual increases, reporting a gain of 5.3 percent, the tenth consecutive month of growth. On a monthly basis, the S&P/Case-Shiller's 20-City Home Price Index increased 0.2 percent, lower than a downwardly revised 0.3 percent increase in August.2015-11-24T14:08:08"
US Corporate Profits Down 1.6% in Q3,Corporate Profits,"US Corporate Profits Down 1.6% in Q3United States Corporate ProfitsCorporate Profits in the United States decreased by 1.6 percent to $1508.90 billion in the third quarter of 2015 from $1533.90 billion in the second quarter of 2015, preliminary estimates showed. Profits of domestic financial corporations decreased by $8.5 billion (+$34.6 billion in Q2) while profits of domestic nonfinancial corporations increased by $15.8 billion(+$24.3 billion in Q2). The rest-of-the-world component of profits decreased $30.0 billion, in contrast to an increase of $11.4 billion.2015-11-24T13:50:17"
US GDP Growth Revised Up to 2.1%,GDP Growth Rate,"US GDP Growth Revised Up to 2.1%United States GDP Growth RateThe US economy advanced an annualized 2.1 percent on quarter in the three months to September of 2015, up from the 1.5 percent reported last month, according to the second estimate released by the Bureau of Economic Analysis. While consumer spending grew less than previously estimated, inventories expanded almost twice as much.2015-11-24T13:33:01"
Dollar Rises to 8-Month High,Currency,"Dollar Rises to 8-Month HighUnited States CurrencyThe Dollar Index was up 0.24% to 99.85 at 12:30 PM New York time on Monday, the highest since mid-March after comments from San Francisco Federal Reserve President John Williams during the weekend increased expectations for a Fed rate hike in December. The greenback was strengthening around 0.32% against the Euro, 0.38% against the British pound, 0.45% against the Aussie, 0.2% against the yen and 1.6% against the ruble.  2015-11-23T17:41:54"
US Existing Home Sales Below Estimates,Existing Home Sales,US Existing Home Sales Below EstimatesUnited States Existing Home SalesSales of previously owned houses shrank 3.4 percent to a seasonally adjusted annual rate of 5360 in October of 2015 from 5550 in the previous month. Sales of single family units fell 3.7 percent and those of condos went down 1.6 percent. The average price decreased 0.9 percent and the months’ worth of supply edged up to 4.8. 2015-11-23T15:09:03
US Factory Activity at 2-Year Low: Markit,Manufacturing PMI,"US Factory Activity at 2-Year Low: MarkitUnited States Manufacturing PMIThe Markit flash US Manufacturing PMI came in at 52.6 in November of 2015, down from 54.1 in October and the lowest since October of 2013. Figures came well below market expectations as job growth slowed and strong dollar and weaker global demand hurt new export orders. 2015-11-23T14:55:11"
Chicago Fed National Activity Index Improves in October,Chicago Fed National Activity Index,"Chicago Fed National Activity Index Improves in OctoberUnited States Chicago Fed National Activity IndexThe Chicago Fed National Activity Index increased to -0.04 in October of 2015 from an upwardly revised -0.29 in September, led by gains in employment and production-related indicators. The negative contribution from production-related indicators eased to –0.05 in October from –0.17 in September as manufacturing production moved up 0.4 percent while industrial production declined by 0.2 percent. Employment-related indicators contributed +0.11, up from –0.06 in September while the contribution of the personal consumption and housing category ticked down to –0.09 in October from –0.07 in September as housing starts went down while permits issued increased. Meanwhile, the index’s three-month moving average decreased for the second consecutive month to –0.20 in October from –0.03 in September, suggesting that economic activity was growing somewhat below its historical trend. 2015-11-23T13:47:51"
US Jobless Claims Down to 271K,Initial Jobless Claims,"US Jobless Claims Down to 271KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits fell by 5,000 to 271,000 in the week ended November 14, 2015 matching market expectations. It is the lowest figure in three weeks. 2015-11-19T13:37:35.98"
Philadelphia Factory Activity Expands in November,Philadelphia Fed Manufacturing Index,"Philadelphia Factory Activity Expands in NovemberUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index came in at 1.9 in November compared to -4.5 in October, hitting its first positive reading in three months, as regional manufacturers reported slight improvement in the general level of activity. Firms reported slightly improved employment and near-steady manufactured goods prices while indexes for new orders, shipments, and average work hours continued to suggest weakness. Meanwhile, the firms’ future expectations regarding economic activity and employment rose.2015-11-19T13:36:30"
Fed Likely to Hike Rates in December,Interest Rate,"Fed Likely to Hike Rates in December United States Interest RateUS Federal Reserve may start raising rates in December, provided that unanticipated shocks do not affect the economic outlook, incoming data continue to show improvement in the labour market and inflation returns to target, minutes of the meeting held in October showed.2015-11-18T19:24:42"
US Crude Oil Inventories Below Expectations,Crude Oil Stocks Change,"US Crude Oil Inventories Below ExpectationsUnited States Crude Oil Stocks ChangeStocks of crude oil in the United States increased by 0.25 million barrels in the week ending November 13th, well below a 4.224 million rise in the previous period and much lower than market expectations of a 1.9 million gain. Although it is the smallest increase since mid-September, it brings the total number to 487.3 million barrels, the highest for this time of year since 1930. In contrast, gasoline stocks went up by 1.009 million barrels, after falling for five straight weeks and beating market forecasts for a 400 thousand drop. 2015-11-18T15:35:11"
US Housing Starts Fall to 7-Month Low,Housing Starts,"US Housing Starts Fall to 7-Month LowUnited States Housing StartsHousing starts in the United States shrank 11 percent to a seasonally adjusted annual rate of 1060 thousand in October of 2015, compared to a downwardly revised 1191 thousand in the previous month. It is the lowest figure since May, well below market expectations but remaining above 1 million for 7th straight month.2015-11-18T13:36:27"
US Building Permits Rise 4.1% in October,Building Permits,"US Building Permits Rise 4.1% in OctoberUnited States Building PermitsBuilding permits for privately-owned housing units in the United States rose by 4.1 percent to a seasonally adjusted annual rate of 1,150,000 in September of 2015 and matching market expectations. Single-family authorizations were at a rate of 711,000, up 2.4 percent and the highest since December 2007. Authorizations of units in buildings with five units or more were at a rate of 405,000, up 6.8 percent.2015-11-18T13:33:33"
US Mortgage Applications Rise in Latest Week,Mortgage Applications,"US Mortgage Applications Rise in Latest WeekUnited States Mortgage ApplicationsApplications for U.S. house mortgages went up 6.2 percent in the week ended November 13th, 2015, after falling in the previous three weeks and despite the fact that fixed 30-year mortgage rates went up by 6bps to 4.18 percent, the highest since mid-July. Refinancing applications increased 2 percent while purchase applications surged 12 percent.2015-11-18T12:14:31"
Foreigners Sell $175.1 Billion of US Assets in September,Capital Flows,"Foreigners Sell $175.1 Billion of US Assets in SeptemberUnited States Capital FlowsOverseas investors sold 175.1 USD Billion of U.S. assets, including short-dated instruments in September of 2015, after selling a downwardly revised 8.5 USD Billion in August. Meanwhile, foreign purchases of long-term U.S. securities, including government and corporate, went up to 33.6 USD Billion, following 20.8 USD Billion in the previous month. Foreign investors also bought 17.4 USD Billion of US Treasuries.2015-11-17T21:20:35.797"
US Homebuilder Confidence Down in November,Nahb Housing Market Index,"US Homebuilder Confidence Down in NovemberUnited States Nahb Housing Market IndexThe National Association of Home Builders/Wells Fargo Market Index decreased to 62 in November of 2015 from an upwardly revised 65 in October, lower than market expectations. The index for current sales decreased 3 points to 67 and sales expectations over the next six months dropped five points to 70. The gauge for buyer traffic remained in negative territory but went up one point to 48.2015-11-17T15:13:16.143"
US Industrial Production Falls 0.2% in October,Industrial Production Mom,"US Industrial Production Falls 0.2% in October United States Industrial Production MomIndustrial output in the United States contracted 0.2 percent in October from September of 2015, the same as in the previous period and below market expectations of a 0.1 percent rise. Mining production fell 1.5 percent and utilities dropped 2.5 percent while manufacturing increased 0.4 percent. Year-on-year, industrial output grew 0.3 percent. 2015-11-17T14:21:04"
US Inflation Rate Up to 0.2%,Inflation Rate,"US Inflation Rate Up to 0.2%United States Inflation RateConsumer prices in the US increased 0.2% yoy in October after being flat in September and higher than market expectations. On a monthly basis, CPI also rose 0.2%, the biggest gain in four months as cost of most goods and services including gasoline increased. 2015-11-17T13:37:14"
NY Factory Activity Shrinks for 4th Straight Month,NY Empire State Manufacturing Index,"NY Factory Activity Shrinks for 4th Straight MonthUnited States NY Empire State Manufacturing IndexThe New York Empire State Business Conditions Index edged up to -10.74 in November of 2015, after registering -11.36 in the previous month, but remained below zero for the fourth consecutive month. Measures of shipments (-4.1 from -13.61), new orders (-11.82 from -18.91) and employment (-7.27 from -8.49) rose, even as they stayed in negative territory. Six-month outlook was little changed  (20.33 from 23.36), and suggested that optimism about future conditions remained tepid, even though employment is expected to increase. Price indexes pointed to the increase in input prices (4.55 from 0.94) while selling prices (-4.55 from -8.49) continue to decline though at a slower pace.2015-11-16T13:45:30"
US Business Inventories Rise 0.3% in September,Business Inventories,"US Business Inventories Rise 0.3% in SeptemberUnited States Business InventoriesManufacturers’ and trade inventories increased unexpectedly by 0.3 percent month-on-month to $1,817.5 billion in September of 2015, following an upwardly revised 0.1 percent growth in the previous month and beating market expectations. Retail inventories excluding autos, which go into the calculation of GDP, increased by 0.5 percent in September after an upwardly revised 0.5 percent gain (against +0.4 percent previously estimated) in August. Year-on-year, business inventories were up 2.5 percent from $1,773.2 a year earlier. Economists expect that third quarter GDP can be revised up later this month.2015-11-13T15:08:41"
US Consumer Sentiment Up to 4-Month High,Consumer Confidence,"US Consumer Sentiment Up to 4-Month HighUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment increased to 93.1 in November from 90 in October of 2015, beating market expectations, preliminary figures showed. It is the highest value since June as consumers are more optimistic over current and future conditions. 2015-11-13T15:08:31.77"
US Producer Prices Drop for 2nd Straight Month,Producer Price Inflation MoM,"US Producer Prices Drop for 2nd Straight MonthUnited States Producer Price Inflation MoMProducer prices in the United States unexpectedly decreased by 0.4 percent month-on-month in October of 2015, after falling by 0.5 percent in the previous month and missing market expectations of a 0.2 percent growth. Prices of final demand services declined by 0.3 percent, mainly due to lower costs for trade services (-0.7 percent). There were declines in portfolio management, loan services and residential real estate services. In addition, the index for final demand goods less foods and energy fell 0.3 percent, which led to a 0.4 percent decline in prices of goods. Year-on-year, producer prices fell for the ninth straight month by 1.6 percent, the highest drop recorded so far, compared to a 1.1 percent decline in September.2015-11-13T13:43:37"
US Retail Sales Lower than Expected,Retail Sales MoM,"US Retail Sales Lower than ExpectedUnited States Retail Sales MoMRetail sales in the US rose a meager 0.1 percent in October from September of 2015, after showing no growth in the previous two months. Excluding autos, retail sales rose 0.2 percent, rebounding from an upwardly revised 0.4 percent fall in September. Seven of 13 major categories showed gains, led by building-material stores, restaurants and non-store merchants.2015-11-13T13:35:39"
US Budget Deficit Widens in October,Government Budget Value,"US Budget Deficit Widens in OctoberUnited States Government Budget ValueThe United States recorded a budget gap of $136 Billion in October of 2015, higher than a $122 billion deficit a year earlier as outlays rose 4.2 percent to USD 348 billion while receipts fell 0.9 percent to USD 211 billion.2015-11-12T19:10:46.293"
US Crude Oil Stocks Top Forecasts,Crude Oil Stocks Change,"US Crude Oil Stocks Top ForecastsUnited States Crude Oil Stocks ChangeInventories of crude oil in the United States increased by 4.22 million barrels in the week ending November 6 of 2015, well above market expectations and the highest rise in three weeks. In contrast, gasoline stocks fell by 2.1 million barrels, more than expected.2015-11-12T16:05:21.247"
US Job Openings Up to 5526K,Job Offers,"US Job Openings Up to 5526KUnited States Job OffersJob openings in the United States increased to 5526 thousand in September from an upwardly revised 5377 thousand in August of 2015, well above market expectations. The number of job openings was little changed in September for private and government. Job openings increased in professional and business services (+126,000) and retail trade (+64,000).2015-11-12T15:15:45.38"
US Jobless Claims Steady at 276K,Initial Jobless Claims,"US Jobless Claims Steady at 276KUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was unchanged at 276,000 in the week ended November 7, compared to market expectations of 270K. Yet, claims have been below 300,000 since March, the level associated with a healthy jobs market.2015-11-12T13:39:37"
US Mortgage Applications Fall for 3rd Week,Mortgage Applications,"US Mortgage Applications Fall for 3rd WeekUnited States Mortgage ApplicationsApplications for U.S. house mortgages fell 1.3 percent in the week ended November 6th, 2015, following a 0.8 percent drop in the previous period as fixed 30-year mortgage rates went up by 11bps to 4.12 percent, the highest since the beginning of August. Refinancing applications fell 2.2 percent while purchase applications edged up 0.1 percent.2015-11-11T12:05:41.877"
US Wholesale Inventories Beat Expectations,Wholesale Inventories,"US Wholesale Inventories Beat ExpectationsUnited States Wholesale InventoriesWholesale stocks rose 0.5 percent in September from August, following an upwardly revised 0.3 percent increase in the previous period and the highest gain in three months. Inventories of autos (+0.5 percent), nondurable goods (+1.9 percent) and farm product raw materials (+6.7 percent) drove the increase while stocks of durable goods shrank 0.4 percent. Wholesale sales also increased 0.5 percent. 2015-11-10T15:08:44"
US Import Prices Fall More than Expected,Import Prices MoM,"US Import Prices Fall More than ExpectedUnited States Import Prices MoMImport prices in the US shrank 0.5 percent in October from September, following a downwardly revised 0.6 percent drop in the previous month, due to a 2 percent decrease in fuel import cost and a 0.3 percent decline in nonfuel. Export prices fell 0.2 percent as agricultural cost edged down 0.1 percent and nonagricultural decreased 0.3 percent. Year-on-year, import prices fell 10.5 percent and export cost slumped 6.7 percent.2015-11-10T13:42:42"
US Small Business Optimism Steady in October,NFIB Business Optimism Index,"US Small Business Optimism Steady in OctoberUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index came in at 96.1 in October of 2015, unchanged from September. Employment showed no net growth while inflation pressures remained muted. In addition, the share of owners planning to make capital outlays in the next three to six months rose one point while the share of small businesses expecting higher real sales rose three points.2015-11-10T11:13:01.433"
US Consumer Credit Rises $28.9 billion in September,Consumer Credit,"US Consumer Credit Rises $28.9 billion in SeptemberUnited States Consumer CreditOutstanding credit extended to American consumers increased by $28.92 billion or at a 10 percent annual rate in September of 2015, following an upwardly revised $16.04 billion rise in the previous month and beating market expectations of $17.5 billion. The increase was mainly boosted by nonrevolving credit, made up mostly of auto and student loans, which grew by $22.23 billion. Also, revolving credit, mostly credit cards, went up by $6.69 billion.2015-11-06T20:25:43"
US Wages Grow Faster Than Expected,Average Hourly Earnings,"US Wages Grow Faster Than ExpectedUnited States Average Hourly EarningsAverage Hourly Earnings in the United States increased 0.40 percent in October of 2015 over the previous month and 2.5 percent over the same month a year earlier. The numbers beat estimates of a 0.2 percent month-over-month rise, and a 2.3 per cent year-over-year rise.2015-11-06T14:23:39.363"
US Jobless Rate Down to 7-1/2-Year Low,Unemployment Rate,"US Jobless Rate Down to 7-1/2-Year LowUnited States Unemployment RateUnemployment rate in the US edged down to 5 percent, the lowest level since April 2008, from 5.1 percent in the previous month while total nonfarm payroll employment increased by a higher-than-expected 271,000 in October. Job gains occurred in professional and business services, health care, retail trade, food services and drinking places, and construction. The jobless rate is now at a level many Fed officials see as consistent with full employment, who last month held out the possibility of a December interest-rate hike.
2015-11-06T13:36:53"
US Economy Adds 271K Jobs in October,Non Farm Payrolls,"US Economy Adds 271K Jobs in OctoberUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 271,000 in October, the most this year,  followed by a revised 137,000 gain in September. Job gains occurred in professional and  business services, health care, retail trade, food services and drinking  places, and construction. 
2015-11-06T13:32:35"
US Unit Labour Costs Increase 1.4% in Q3,Labour Costs,"US Unit Labour Costs Increase 1.4% in Q3United States Labour CostsUnit labor costs in the US nonfarm business sector rose 1.4 percent in the third quarter of 2015, rebounding from a 1.8 percent fall in the previous period, but below market expectations of a 2.3 percent growth, preliminary estimates showed. Hourly compensation went up 3.0 percent while productivity rose 1.6 percent. Unit labor costs increased 2.0 percent over the last four quarters.2015-11-05T13:45:30"
Productivity in US Rises More Than Expected,Productivity,"Productivity in US Rises More Than ExpectedUnited States ProductivityNonfarm labor productivity increased at a seasonally adjusted annual rate of 1.6 percent qoq in third quarter of 2015, following a 3.5 percent rise in the previous period and compared to market expectations of a 0.2 percent drop, preliminary estimates showed. Output increased 1.2 percent while hours worked fell 0.5 percent, the first drop since the third quarter of 2009. Year-on-year, productivity went up 0.4 percent. 2015-11-05T13:40:38"
US Jobless Claims Rise the Most Since February,Initial Jobless Claims,"US Jobless Claims Rise the Most Since FebruaryUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits went up by 16,000 to 276,000 in the week ended October 31st, from the previous week's unrevised level of 260,000. It was the largest increase in eight months bringing total number of claims to the highest level in five weeks. In spite of the rise, last week claims marked the 35th straight week below the 300,000 threshold and for most October, they remained near 42-year low.2015-11-05T13:32:05"
US Challenger Job Cuts Down 14% MoM in October,Challenger Job Cuts,"US Challenger Job Cuts Down 14% MoM in OctoberUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States fell by 14 percent to 50504 in October from 58877 in September of 2015. Around 13,671 layoffs were attributed to lower oil prices, the highest number in six months and 27 percent of all cuts announced during the month. Year-on-year, layoffs fell 1.3 percent. So far in 2015,  employers have announced 543,935 job cuts,  up 31 percent from the year-to-date period in 2014, with oil prices responsible for about a fifth of that.2015-11-05T12:37:46"
Fed December Rate Hike Still Possible,Interest Rate,"Fed December Rate Hike Still PossibleUnited States Interest RateThe US economy is performing well and it would be appropriate to adjust rates in the December meeting, if incoming economic data supports it, the Federal Reserve Chair Janet Yellen reiterated on November 4th, 2015 in her testimony before the House Financial Services Committee in Washington.2015-11-04T17:20:53"
2-Year Treasury Yield Highest Since April 2011,2 Year Note Yield,2-Year Treasury Yield Highest Since April 2011United States 2 Year Note YieldThe yield on the benchmark US 2-year Treasury note increased 0.042 percentage point to 0.8158 percent boosted by Comments from Fed Chair Janet Yellen that an improving economy would lead to interest rate hike in December if economic reports continue to point to inflation acceleration. 2015-11-04T17:14:55
US ISM Non-Manufacturing PMI at 3-Month High,Non Manufacturing PMI,"US ISM Non-Manufacturing PMI at 3-Month HighUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index registered 59.1 percent in October of 2015, up from 56.9 percent in September and beating market expectations. New orders, employment and business activity increased while prices continued to fall.2015-11-04T15:09:58"
US Services Sector Growth Better than Anticipated,Services PMI,"US Services Sector Growth Better than AnticipatedUnited States Services PMIThe final Markit US Services PMI came in at 54.8 in October of 2015, better than a preliminary estimate of 54.4, but down from 55.1 in September. It is the slowest expansion in the services sector in four months as both business activity and new orders eased while job creation weakened to eight-month low. In addition, softer client demand weighed on growth expectations for the year ahead, with the degree of optimism edging closer to July’s three-year low.2015-11-04T14:52:43"
US Imports Fall to 7-Month Low,Imports,"US Imports Fall to 7-Month LowUnited States ImportsImports in the United States decreased 1.8 percent month-over-month to 228708 USD Million in September of 2015, after gaining 1 percent in the previous month. It is the lowest value since February as purchases of industrial supplies fell to its lowest since August of 2009 while petroleum imports decreased to its lowest since May of 2004. 2015-11-04T13:51:20.587"
US Exports Rebound in September,Exports,"US Exports Rebound in SeptemberUnited States ExportsExports in the United States increased 1.6 percent month-over-month to 187896 USD Million in September of 2015, rebounding from a 2 percent fall in the previous month, led by sales of artwork, antique, stamps, jewelry and capital goods. 2015-11-04T13:47:33.627"
US Trade Deficit at 7-Month Low,Balance of Trade,"US Trade Deficit at 7-Month LowUnited States Balance of TradeThe trade gap in the United States narrowed to USD 40.81 billion in September of 2015, compared to a downwardly revised USD 48 billion in August and the lowest since February. Exports went up 1.6 percent led by artwork, antique, stamps, jewelry and capital goods while lower prices and higher domestic oil production brought imports down. 2015-11-04T13:37:02"
US Private Sector Adds 182K Jobs,ADP Employment Change,"US Private Sector Adds 182K JobsUnited States ADP Employment ChangePrivate businesses in the United States hired 182 thousand workers in October of 2015 compared to a downwardly revised 190 thousand in September. Figures came slightly better than market expectations of a 180 thousand rise. Construction employment and trade/transportation and utilities reported the biggest gains, with both sectors adding 35 thousand jobs each. Financial services and professional and business services added 9 thousand and 13 thousand jobs respectively while manufacturing sector shed 2 thousand positions.2015-11-04T13:18:56"
US Mortgage Approvals Down for 2nd Week,Mortgage Applications,"US Mortgage Approvals Down for 2nd WeekUnited States Mortgage ApplicationsApplications for U.S. house mortgages fell 0.8 percent in the week ended October 30th, 2015, following a 3.5 percent drop in the previous period as fixed 30-year mortgage rates went up by 3bps to 4.01 percent. Refinancing applications fell 0.9 percent and purchase applications decreased 0.6 percent.2015-11-04T12:09:20.02"
US Auto Sales Grow 13.6% in October,Total Vehicle Sales,US Auto Sales Grow 13.6% in OctoberUnited States Total Vehicle SalesTotal vehicle sales in the United States increased by 13.6 percent year-on-year in October of 2015 with a seasonally adjusted annual rate of 18.24 million vehicles and beating market expectations of 17.7 million. It was the highest annualized rate since July of 2005 and the highest October level since 2001. The booming October sales materialized despite concerns about a slowdown in consumer spending and stagnant wages.2015-11-03T20:10:57
US Factory Orders Fall for 2nd Month,Factory Orders,"US Factory Orders Fall for 2nd MonthUnited States Factory OrdersNew orders for manufactured goods in the United States shrank 1 percent in September from August of 2015, slightly more than markets expected and following a downwardly revised 2.1 percent drop in the previous period. Excluding transportation, orders fell 0.6 percent and excluding defense, they decreased 1.4 percent.2015-11-03T15:07:05"
New York Business Activity Rebounds,Ism New York Index,"New York Business Activity ReboundsUnited States Ism New York IndexThe ISM New York Current Business Conditions Index increased to 65.8 in October from 44.5 in September of 2015, reaching the highest in three months while the Six-Month Outlook increased to a four-month high of 74.0. Relief was recorded in questions related to the New York metro area, but not in questions related to company-specific activities. Job growth and purchase volume both contracted back to back for the first time in three years.2015-11-03T14:54:57.767"
US Manufacturing Growth Slows: ISM,Business Confidence,US Manufacturing Growth Slows: ISMUnited States Business ConfidenceThe Institute for Supply Management’s Manufacturing PMI decreased to 50.1 in October of 2015 from 50.2 in September. It is the lowest level since May of 2013 as a high dollar and low oil prices hurt exports and job creation fell sharply. 2015-11-02T15:10:02
US Construction Spending Rises to 7-1/2-year High,Construction Spending,"US Construction Spending Rises to 7-1/2-year HighUnited States Construction SpendingTotal construction activity in the United States increased by a higher-than-expected 0.6 percent month-on-month to a seasonally adjusted annual rate of $1,094.2 billion in September of 2015 from $1,087.5 billion in the previous month. It was the highest level since March of 2008, boosted by a surge in both private and public outlays. Total private construction spending grew by 0.6 percent, hitting its highest level since January 2008, as spending on private residential construction jumped 1.9 percent, while investment on private non-residential construction projects fell 0.7 percent. Also, total public construction outlays gained 0.7 percent, mainly due to higher spending on public residential construction (+1.2 percent) and on public non-residential construction (+0.7 percent).2015-11-02T15:07:00"
US Markit Manufacturing PMI Revised Up to 6-Month High,Manufacturing PMI,"US Markit Manufacturing PMI Revised Up to 6-Month HighUnited States Manufacturing PMIThe final Markit US Manufacturing PMI came in at 54.1 in October of 2015, better than a preliminary reading of 54 and higher than 53.1 in September. Output and new orders grew the most since March, employment also rose at a faster pace while input costs continued its downward trend.2015-11-02T14:52:13"
US Consumer Sentiment Revised Down,Consumer Confidence,"US Consumer Sentiment Revised DownUnited States Consumer ConfidenceThe University of Michigan's final reading on the overall index of consumer sentiment came in at 90 in October of 2015, lower than a preliminary reading of 92.1 and below market expectations. Consumers were less confident over future and current conditions and inflation expectations for the next 5 to 10 years decreased. Still, the consumer confidence index increased from a final reading of 87.2 in September. 2015-10-30T14:05:57"
Chicago Business Activity Growth at 9-Month High,Chicago Pmi,"Chicago Business Activity Growth at 9-Month HighUnited States Chicago PmiThe ISM Chicago PMI increased to 56.2 in October of 2015 up from 48.7 in the previous month and well above market expectations. Production led the increase, jumping just under 20 points to 63.4, while new orders also rose sharply, leaving both at the highest since the start of the year. Firms reported significant growth in inventories, which accounted for part of the leap in output in October.2015-10-30T13:51:15"
US Personal Spending Below Expectations,Personal Spending,"US Personal Spending Below ExpectationsUnited States Personal SpendingPersonal consumption in the US edged up 0.1 percent in September from August of 2015, following a 0.4 percent increase in the previous period. It is the lowest gain since January and below market forecasts of a 0.2 percent rise. Income also went up a meager 0.1 percent, the smallest gain in six months2015-10-30T12:43:10.677"
US Pending Home Sales Below Expectations,Pending Home Sales,"US Pending Home Sales Below ExpectationsUnited States Pending Home SalesThe National Association of Realtors' Pending Home Sales Index increased 3 percent year-on-year in September, slowing for the fifth consecutive month. On a monthly basis, contracts to buy previously owned houses shrank 2.3 percent, following a 1.4 percent drop in August and compared to market expectations of a 1 percent rise. 2015-10-29T14:06:15.98"
US GDP Growth Slows to 1.5% in Q3,GDP Growth Rate,"US GDP Growth Slows to 1.5% in Q3United States GDP Growth RateThe US economy expanded 1.50 percent in the third quarter of 2015 over the previous quarter, below market expectations of 1.6 percent growth. The increase reflected positive contributions from personal consumption expenditures (PCE), state and local government spending, nonresidential fixed investment, exports, and residential fixed investment that were partly offset by negative contributions from private inventory investment. Imports, which are a subtraction in the calculation of GDP, increased.2015-10-29T12:34:12"
US Jobless Claims Edge Up in the Latest Week,Initial Jobless Claims,"US Jobless Claims Edge Up in the Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 260,000 in the week ended October 24th, a slight increase of 1,000 from the previous week's unrevised level of 259,000 but below market expectations of 263,000. 2015-10-29T12:33:50"
Fed Rate Hike Still On the Table in December,Interest Rate,"Fed Rate Hike Still On the Table in DecemberUnited States Interest RateThe Federal Reserve has left the door open to an increase in rates as it dropped previous warnings about the risks global financial and economic developments were posing to the US economy. The Fed  also said there although had been a slowing in the pace of job growth, household spending and business fixed investment have been “increasing at solid rates"".2015-10-28T18:10:52"
US Crude Oil Stocks Rise 3.4M,Crude Oil Stocks Change,"US Crude Oil Stocks Rise 3.4MUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States increased by 3.376 million barrels in the week ending October 23rd. It is the fifth week of growth, in line with market expectations. In contrast, gasoline stocks fell by 1.137 million barrels, more than expected.2015-10-28T14:36:49.063"
US Mortgage Applications Down 3.5%,Mortgage Applications,"US Mortgage Applications Down 3.5%United States Mortgage ApplicationsApplications for U.S. house mortgages fell 3.5 percent in the week ended October 23rd, 2015, following an 11.8 percent surge in the previous period as fixed 30-year mortgage rates went up by 3bps to 3.98 percent. Refinancing applications fell 3.8 percent and purchase applications decreased 3.1 percent.2015-10-28T11:04:35"
US Richmond Fed Manufacturing PMI at -1,Richmond Fed Manufacturing Index,"US Richmond Fed Manufacturing PMI at -1 United States Richmond Fed Manufacturing Index The Richmond Fed Manufacturing PMI Index in the United States came in at -1 in October from -5 in September of 2015. Manufacturing activity in Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia shrank for the second straight month as order backlogs and shipments declined, while new orders leveled off. Manufacturing employment remained soft.2015-10-27T14:11:14.727"
US Services Sector Growth at 9-Month Low,Services PMI,"US Services Sector Growth at 9-Month LowUnited States Services PMIThe Markit Flash US Services PMI fell to 54.4 in October from 55.1 in September, reaching the lowest value since January. Growth in new business and backlogs of work slowed and payrolls recorded the weakest gain since February. 2015-10-27T13:53:55"
US House Prices Up 5.1% in August,Case Shiller Home Price Index YoY,"US House Prices Up 5.1% in AugustUnited States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5.1 percent year-on-year in August of 2015, up from a downwardly revised 5 percent increase in July and in line with market expectations. On a monthly basis, the S&P/Case-Shiller's 20-City Home Price Index increased 0.4 percent.2015-10-27T13:09:27.423"
US Durable Goods Orders Drop for 2nd Month,Durable Goods Orders,"US Durable Goods Orders Drop for 2nd MonthUnited States Durable Goods OrdersNew orders for US manufactured goods fell 1.2 percent in September from August of 2015, following a downwardly revised 3 percent drop in the previous period, in line with market expectations. Excluding transportation, orders decreased 0.4 percent and excluding defense, orders went down 2 percent.2015-10-27T12:37:51.183"
US Dallas Fed Manufacturing Index Falls to -12.7,Dallas Fed Manufacturing Index,"US Dallas Fed Manufacturing Index Falls to -12.7United States Dallas Fed Manufacturing Index The Dallas Fed general business activity index fell to -12.7 in October from -9.5 in September of 2015, the lowest in three months. However, manufacturing production increased for the first time in eight months, with the production index rising to 4.8 in October from 0.9 in September. 2015-10-26T14:51:20.717"
US New Home Sales at 10-Month Low,New Home Sales,"US New Home Sales at 10-Month LowUnited States New Home SalesSales of new single-family houses in the United States shrank 11.5 percent to a seasonally adjusted annual rate of 468,000 in September of 2015, the lowest since November last year. The stock of new houses for sale increased to its highest since March of 2010.2015-10-26T14:05:06"
US Factory Activity at 5-Month High,Manufacturing PMI,"US Factory Activity at 5-Month HighUnited States Manufacturing PMIThe flash Markit US Manufacturing PMI came in at 54 in October of 2015, up from 53.1 in September, beating market expectations. New orders went up, boosted by domestic demand, job creation was the strongest since July and input costs fell for the second straight month.2015-10-23T14:59:06.883"
Dow Jones Jumps 300 Points,Stock Market,Dow Jones Jumps 300 PointsUnited States Stock MarketU.S. stocks were trading higher on Thursday after the ECB signalled that it may consider more stimulus and a raft of third-quarter earnings reports gave a boost to investors sentiment.2015-10-22T19:06:48.167
US Existing Home Sales Above Expectations,Existing Home Sales,"US Existing Home Sales Above ExpectationsUnited States Existing Home SalesExisting Home Sales in the United States grew 4.7 percent to a seasonally adjusted annual rate of 5550 thousand in September of 2015, higher than a downwardly revised 5300 thousand in August and above market forecasts of 5380 thousand. It is the second highest figure in 8-1/2-years as single-family sales went up 5.3 percent while sales of condos/co-ops were flat. The median sale price went up 6.1% yoy and the months’ worth of supply fell 0.3 to 4.8.2015-10-22T15:08:42"
US House Prices Up 0.3% in August,FHFA House Price Index MoM,"US House Prices Up 0.3% in AugustUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.30 percent in August of 2015 over the previous month, below market expectations of a 0.4 percent gain and slowing from a downwardly revised 0.5 percent rise in the previous period. Year-on-year, the FHFA house price index went up 5.5 percent.2015-10-22T14:12:03"
Chicago Fed Economic Activity Index Improves Slightly,Chicago Fed National Activity Index,"Chicago Fed Economic Activity Index Improves SlightlyUnited States Chicago Fed National Activity IndexChicago Fed National Activity Index increased to -0.37 in September from -0.39 in August, as production-related indicators improved (-0.18 in September from -0.21 in August) due to slower decline in manufacturing production (-0.1 percent from -0.4 percent). In contrast, employment-related indicators dropped (-0.11 from -0.08) driven by a 0.2 percent decrease in civilian employment; and personal consumption and housing indicators fell (-0.08 from -0.06) as housing permits went down while housing starts moved up. Meanwhile, the index’s 3-month moving average decreased to -0.09 from +0.01 in August, suggesting that economic activity was growing slightly below its historical trend.2015-10-22T13:54:11"
Jobless Claims Slightly Up in Latest Week,Initial Jobless Claims,"Jobless Claims Slightly Up in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 259,000 in the week ended October 17th, a slight increase of 3,000 from the previous level but below market expectations of 265,000. The 4-week moving average fell to its lowest since December of 2013.2015-10-22T13:37:51.437"
US Crude Oil Stocks Grew More Than Forecasts,Crude Oil Stocks Change,"US Crude Oil Stocks Grew More Than ForecastsUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States increased by 8.028 million barrels in the week ending October 16th. It is the fourth week of growth and the highest since mid-March. In contrast, gasoline stocks fell by 1.518 million barrels. 2015-10-21T15:38:03"
US Mortgage Applications Rise in Latest Week,Mortgage Applications,"US Mortgage Applications Rise in Latest WeekUnited States Mortgage ApplicationsApplications for U.S. house mortgages surged 11.8 percent in the week ended October 16th, recovering from a 27.6 percent drop in the previous period, as fixed 30-year mortgage rates averaged 3.95 percent, the lowest in 5-1/2 months. Refinancing applications went up 8.8 percent and purchase applications rose 16.4 percent.2015-10-21T12:08:54"
US Building Permits Drop 5% in September,Building Permits,"US Building Permits Drop 5% in SeptemberUnited States Building PermitsBuilding permits for privately-owned housing units were at a seasonally adjusted annual rate of 1,103,000 in September of 2015, down 5 percent from the August rate of 1,161,000 but 4.7 percent above the September 2014 estimate of 1,053,000. Authorizations of units in buildings with five units or more (-14.6 percent) and single-family authorizations (-0.3 percent) were the main contributors to the monthly decline.2015-10-20T13:41:09"
US Housing Starts Surge 6.5% in September,Housing Starts,"US Housing Starts Surge 6.5% in SeptemberUnited States Housing StartsHousing starts in the United States rose 6.5 percent to a seasonally adjusted annual rate of 1,206,000 in September of 2015, following an upwardly revised 1,132,000 in August and beating market forecasts.2015-10-20T13:34:55.723"
US Stocks End Flat on Monday,Stock Market,"US Stocks End Flat on MondayUnited States Stock MarketWall Street finished the day marginally higher amid slump in energy stocks and drop in oil prices. The S&P 500 closed less than a point higher at 2,033.66, the Dow Jones gained 14.57 points to settle at 17,230.54 and Nasdaq Composite was up 19 points at 4,905.47.2015-10-19T22:34:09.07"
US Homebuilder Sentiment at 10-Year High,Nahb Housing Market Index,"US Homebuilder Sentiment at 10-Year HighUnited States Nahb Housing Market IndexThe National Association of Homebuilders' index of homebuilder confidence increased to 64 in October of 2015 from a downwardly revised 61 in September, reaching the highest reading since October of 2005. The gauge for current single-family home sales went up to 70 from 67 in the previous month and the index for home sales over the next six months rose to 75 from 65 while the index of prospective buyers remained steady at 47. 
2015-10-19T15:09:43.657"
US Net Capital Outflow at $9.2 Billion in August,Capital Flows,"US Net Capital Outflow at $9.2 Billion in AugustUnited States Capital FlowsOverseas investors sold 9.2 USD Billion of long-term U.S. assets, including short-dated assets, in August of 2015, after buying a net 141 USD Billion in July. Meanwhile, foreign buying of long-term U.S. securities, including government and corporate, went up to 20.4 USD Billion, following 7.7 USD Billion in the previous month.2015-10-16T21:18:46.22"
US Job Openings Fall to 5.4 Million,Job Offers,US Job Openings Fall to 5.4 MillionUnited States Job OffersJob Offers in the United States decreased to 5370 thousand in August after reaching a record high of 5668 thousand in July of 2015 and missing market expectations of 5625 thousand. Job openings declined in state and local government (-33 thousand) and non-durable goods manufacturing (-25 thousand).2015-10-16T15:09:15
US Consumer Sentiment at 3-Month High,Consumer Confidence,"US Consumer Sentiment at 3-Month HighUnited States Consumer ConfidenceThe University of Michigan's consumer sentiment increased to 92.1 in October from 87.2 in September of 2015, beating market expectations, preliminary figures showed. It is the highest value since July as consumers are more optimistic over current and future conditions. 2015-10-16T15:06:55"
US Industrial Production Falls for 2nd Month,Industrial Production Mom,"US Industrial Production Falls for 2nd MonthUnited States Industrial Production MomIndustrial output in the United States shrank 0.2 percent in September from August of 2015, following a downwardly revised 0.1 percent fall in the previous period and in line with market expectations, dragged down by lower production of durable goods and cuts in extraction and drilling of oil.2015-10-16T14:24:27"
US Stocks Rally on Thursday,Stock Market,"US Stocks Rally on ThursdayUnited States Stock MarketAfter two days of losses Wall Street rebounded on Thursday as weak economic data released recently supported the case for a rate hike delay. The Dow Jones rose 1.28 percent to 17,141.85; the S&P 500 gained 1.49 percent to 2,023.88 and the Nasdaq Composite rose 1.82 percent to 4,870.10.2015-10-15T21:36:13"
US Fiscal 2015 Deficit Smallest Since 2007,Government Budget Value,"US Fiscal 2015 Deficit Smallest Since 2007United States Government Budget ValueThe United States recorded a budget deficit of $439 billion in fiscal 2015, lower than a $483 billion surplus a year earlier as receipts increased 7.6 percent while outlays rose at a slower 5.2 percent. Meanwhile, September surplus was recorded at $91 billion from a $106 billion surplus in 2014 and missing market expectations of $95 billion.2015-10-15T20:38:29"
US Crude Oil Stocks at 6-Month High,Crude Oil Stocks Change,"US Crude Oil Stocks at 6-Month HighUnited States Crude Oil Stocks ChangeCrude oil inventories in the United States increased by 7.56 million barrels in the week ending October 9th, the highest since the first week of April and well above market expectations. In contrast, gasoline stocks fell by 2.6 million barrels, the first drop in six weeks. 2015-10-15T16:18:49"
Philadelphia Factory Activity Shrinks for 2nd Month,Philadelphia Fed Manufacturing Index,"Philadelphia Factory Activity Shrinks for 2nd MonthUnited States Philadelphia Fed Manufacturing IndexThe Philadelphia Fed Manufacturing Index came in at -4.50 in October of 2015 compared to -6 in September. The new orders and shipments indexes turned negative, labor market indicators weakened and prices of inputs and outputs were near-steady. Although the survey’s future indicators decreased, a minority of firms expect a continued downturn in business activity over the next six months.2015-10-15T15:06:16"
NY Manufacturing Activity Contracts For 3rd Month,NY Empire State Manufacturing Index,"NY Manufacturing Activity Contracts For 3rd MonthUnited States NY Empire State Manufacturing IndexThe NY Empire State Manufacturing Index came in at -11.36 in October of 2015, compared to -14.67 in September, showing factory activity in New York contracted for the third straight month. The headline general business conditions index edged up 3 points, but remained negative at -11.4. New orders, shipments, and unfilled orders all declined at a steeper pace than last month while input prices held steady and selling prices declined at the fastest pace since 2009. Labor market indicators pointed to a continued decline in employment levels and hours worked. Indexes for the six-month outlook were little changed from last month, and suggested that optimism about future conditions remained tepid.2015-10-15T14:46:28"
US Jobless Claims Fall Back to 42-Year Low,Initial Jobless Claims,"US Jobless Claims Fall Back to 42-Year LowUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 255,000 in the week ended October 10th, a decrease of 7,000 from the previous week's revised level of 262,000 and much below market expectations of 270,000. Claims were last at this level in July this year, which was the lowest since November 1973.2015-10-15T13:44:50"
US Inflation Rate Flat in September,Inflation Rate,"US Inflation Rate Flat in SeptemberUnited States Inflation RateConsumer prices in the United States were unchanged in September of 2015 from the previous year, down from a 0.2 percent rise in August but escaping a 0.1 percent drop markets expected. On a monthly basis, prices declined for the second straight month dragged down by falling gasoline cost. However, excluding food and energy, the inflation rate accelerated in September.2015-10-15T13:36:06"
US Business Inventories Unchanged in August,Business Inventories,"US Business Inventories Unchanged in August United States Business InventoriesBusiness inventories were flat in August from July of 2015, the same as in the previous period - inventories in July were previously reported to have increased 0.1 percent. Stocks at retailers rose 0.3 percent in August, compared to a 0.7 percent increase in July and inventories at merchant wholesalers edged up 0.1 percent, rebounding from a 0.3 percent fall last month. In contrast, stocks at manufacturers went down 0.3 percent, the same as in July. Business sales fell 0.6 percent, after rising a meager 0.1 percent in July.2015-10-14T15:08:36"
US Producer Prices Fall the Most in 8 Months,Producer Price Inflation MoM,"US Producer Prices Fall the Most in 8 MonthsUnited States Producer Price Inflation MoMProducer prices in the United States decreased by 0.5 percent in September of 2015, after showing no growth in the previous month and missing market expectations of a 0.2 percent decline. It was the largest drop since January, mainly due to a 5.9 percent fall in energy costs, which led to a 1.2 percent decline in prices of goods. In addition, prices of services dropped by 0.4 percent, due to lower costs for securities brokerage, dealing, investment advise and related services. Year-on-year, producer prices fell for the eighth straight month by 1.1 percent, compared to a 0.8 percent decline in August.2015-10-14T13:46:38"
US Retail Sales Rise Less Than Forecast,Retail Sales MoM,"US Retail Sales Rise Less Than ForecastUnited States Retail Sales MoMRetail Sales in the United States increased 0.10 percent in September of 2015 over the previous month. Seven of 13 major categories showed declines, led by a 3.2 percent plunge at service stations as fuel costs retreated. Retail sales excluding autos decreased by 0.3 percent, the biggest decline since January. Sales at auto dealers rose 1.7 percent in September, the biggest advance since May. The so-called core retail sales (excluding automobiles, gasoline, building materials and food services) dropped 0.1 percent after a downwardly revised 0.2 percent gain in August.
2015-10-14T13:36:56"
US Mortgage Applications Fall 27.6% in Latest Week,Mortgage Applications,"US Mortgage Applications Fall 27.6% in Latest WeekUnited States Mortgage ApplicationsApplications for U.S. house mortgages shrank 27.6 percent in the week ended October 9th, following a 25.5 percent jump in the previous period prompted by the introduction of TILA-RESPA regulation that brought changes to the mortgage process on October 3rd. Refinancing applications fell 22.5 percent and purchase applications decreased 34.1 percent. In addition, fixed 30-year mortgage rates averaged 3.99 percent, the same as in the previous week and the lowest in five months.2015-10-14T12:07:47"
Wall Street Edges Lower on Tuesday,Stock Market,"Wall Street Edges Lower on TuesdayUnited States Stock MarketAfter a volatile trading session U.S. stocks ended the day lower amid weak China imports data and worries about upcoming earnings reports. The Dow Jones lost 0.29 percent to 17,081.89, the S&P 500 fell 0.68 percent to 2,003.69 and the Nasdaq Composite was down 0.87 percent, to 4,796.61.2015-10-13T21:39:57.113"
US Small Business Confidence at 4-Month High,NFIB Business Optimism Index,"US Small Business Confidence at 4-Month HighUnited States NFIB Business Optimism IndexThe NFIB Small Business Optimism Index increased to 96.1 index points in September of 2015 from 95.9 index points in the previous month, the highest since May. Small business owners were optimistic about business conditions and profits over the next six months and a few more planned to increase stocks while their concerns over sales growth increased.2015-10-13T11:11:03.853"
"US Wholesale Inventories Edge Up, Sales Fall",Wholesale Inventories,"US Wholesale Inventories Edge Up, Sales FallUnited States Wholesale InventoriesWholesale inventories in the US increased 0.1 percent in August of 2015, rebounding from a downwardly revised 0.3 percent drop in July and above market expectations, boosted by stocks of durable goods, computers and software. In contrast, sales shrank 1 percent.
2015-10-09T15:08:07.73"
US Export Prices Drop 0.7% in September,Export Prices MoM,"US Export Prices Drop 0.7% in September United States Export Prices MoMThe price index for U.S. exports declined 0.7 percent in September, following a 1.4 percent drop the previous month, as both agricultural (-1.1 percent) and nonagricultural (-0.6 percent) cost decreased. The drop in agricultural prices was mostly due to 8.3 percent fall in soybean cost while excluding agriculture was effected by industrial supplies and materials, consumer goods, and automotive vehicles. On a yearly basis, export prices fell 7.4 percent, the largest decrease since July of 2009. 2015-10-09T13:52:58"
Fed Shows Concerns Over Global Economy,Interest Rate,"Fed Shows Concerns Over Global EconomyUnited States Interest RateFederal Reserve policymakers worried recent global and financial market developments might restrain economic activity in the US. Although their outlook had not materially altered, the committee decided to wait for additional information confirming it had not deteriorated before raising rates, minutes of the meeting held last month showed.
2015-10-08T19:22:40.313"
US Jobless Claims at 3-Month Low,Initial Jobless Claims,"US Jobless Claims at 3-Month LowUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 263,000 in the week ended October 3rd, a decrease of 13,000 from the previous week. It is the lowest figure since mid-July.2015-10-08T13:36:50"
Wall Street Ends Stronger on Wednesday,Stock Market,"Wall Street Ends Stronger on WednesdayUnited States Stock MarketUS stocks closed higher on Wednesday boosted by a rally in health-care sector. The Dow Jones Industrial Average rose 0.7% to end at 16,912.2; The Nasdaq Composite gained 0.9% to finish at 4,791.15 and the S&P 500 ended the session 0.8% higher at 1,995.83.2015-10-07T23:11:57.357"
US Consumer Credit Rises Less Than Expected,Consumer Credit,"US Consumer Credit Rises Less Than ExpectedUnited States Consumer CreditConsumer borrowing in the US increased by $16.02 Billion in August, below market expectations but bringing the total to a fresh record of $3.47 trillion. Car and student loans rose by $12 billion while credit cards borrowing grew by $4 billion. 



2015-10-07T20:09:28"
US Mortgage Applications Surge 25.5% in Latest Week,Mortgage Applications,"US Mortgage Applications Surge 25.5% in Latest WeekUnited States Mortgage ApplicationsApplications for U.S. house mortgages jumped 25.5 percent in the week ended October 2nd, 2015, rebounding from a 6.7 percent fall in the previous period and posting the biggest gain since-mid January. The surge in applications was prompted by introduction of TILA-RESPA regulation bringing changes to the mortgage process which took effect on October 3rd. In addition, fixed 30-year mortgage rates averaged 3.99 percent, the lowest in five months. Refinancing applications soared 24.2 percent and purchase applications went up 27.4 percent. 

2015-10-07T12:08:53"
US Trade Gap Biggest in 5 Months,Balance of Trade,"US Trade Gap Biggest in 5 MonthsUnited States Balance of TradeThe United States recorded a trade deficit of $48.3 billion in August of 2015, up $6.5 billion from $41.8 billion in July.  Imports increased 1.2 percent due to rising imports of consumer goods and exports fell 2 percent to their lowest level since October 2012 due to lower oil prices and strong dollar. 2015-10-06T13:37:01"
US Stocks Jump on Monday,Stock Market,"US Stocks Jump on MondayUnited States Stock MarketThe Dow Jones gained 304.06 points, or 1.85 percent, the S&P 500 rose 35.69 points, or 1.83 percent and the Nasdaq Composite went up 73.49 points, or 1.56 percent as investors bet the Federal Reserve would not raise rates this year.2015-10-05T23:27:04.863"
US Services Sector Growth at 3-Month Low,Non Manufacturing PMI,"US Services Sector Growth at 3-Month LowUnited States Non Manufacturing PMIThe ISM Non-Manufacturing PMI index registered 56.9 percent in September of 2015, down from 59 in August and below market expectations. Growth in the services sector slowed for the second straight month to its lowest since June as business activity, new orders and prices decreased while job creation went up.2015-10-05T15:12:09.177"
US Markit Services PMI Lower than Expected,Services PMI,"US Markit Services PMI Lower than ExpectedUnited States Services PMIThe final Markit US Services PMI came in at 55.1 in September of 2015, lower than a flash reading of 55.6 and a final 55.7 in August, reaching the lowest since June. Business activity and new work growth slowed while input cost inflation eased and average prices declined slightly. 2015-10-05T14:52:46"
Week Ahead,Calendar,"Week AheadUnited States CalendarIn the US, the most important releases include: ISM Non manufacturing PMI, trade balance and Fed minutes. Also, companies will start reporting Q3 earnings. Elsewhere, Bank of England and Bank of Japan will give us an update on the course of monetary policy.2015-10-03T19:04:15.327"
US Factory Orders Disappoint,Factory Orders,"US Factory Orders DisappointUnited States Factory OrdersNew orders for manufactured goods in the United States shrank a higher-than-expected 1.7 percent in August from July, following a downwardly revised 0.2 percent gain in the previous period and posting the fifth drop this year. Excluding transportation, orders fell 0.8 percent and excluding defense, they decreased 1.2 percent. 2015-10-02T15:07:11.387"
NY Business Activity Contracts in September,Ism New York Index,NY Business Activity Contracts in SeptemberUnited States Ism New York IndexThe ISM New York Current Business Conditions Index decreased to 44.5 percent in September from 51.1 percent in August of 2015. New York City business activity contracted for the first time in eight months while the outlook for the next 6 months slowed to 62.8 from 68.5 in August.2015-10-02T14:50:44.833
US Jobless Rate Steady at 5.1% in September,Unemployment Rate,"US Jobless Rate Steady at 5.1% in SeptemberUnited States Unemployment RateUnemployment rate in the US remained unchanged at 5.1 percent and total nonfarm payroll employment increased only by 142,000 in September. and the number of
unemployed persons (7.9 million) changed little. Over the year, the unemployment
rate and the number of unemployed persons were down by 0.8 percentage point and
1.3 million, respectively.2015-10-02T13:36:12"
US Economy Adds Only 142K Jobs In September,Non Farm Payrolls,"US Economy Adds Only 142K Jobs In SeptemberUnited States Non Farm PayrollsAmerican payrolls increased by 142,000 in September, well below market expectations while the unemployment rate was unchanged at 5.1 percent, matching forecasts. Job gains occurred in health care and information, while mining employment fell. Thus far in 2015, job growth has averaged 198,000 per month, compared with an average monthly gain of 260,000 in 2014. 
2015-10-02T13:33:01"
US Total Vehicle Sales at 10-Year High,Total Vehicle Sales,"US Total Vehicle Sales at 10-Year HighUnited States Total Vehicle SalesTotal vehicle sales in the United States increased by 15.8 percent year-on-year in September of 2015 with a seasonally adjusted annual rate of 18.17 million vehicles from 16.52 million a year earlier, and beating market expectations of 17.6 million. It was the highest annualized rate since August of 2005.2015-10-01T21:26:25"
US Construction Spending At 7-Year High in August,Construction Spending,"US Construction Spending At 7-Year High in AugustUnited States Construction SpendingTotal construction activity in the United States increased by 0.7 percent month-over-month to a seasonally adjusted annual rate of $1,086.2 billion in August of 2015 from $1,079.1 billion in the previous month. It  was the highest level since June of 2008, boosted by a surge in outlays for residential projects.2015-10-01T15:12:56"
US Factory Activity Deteriorates Further,Business Confidence,"US Factory Activity Deteriorates FurtherUnited States Business ConfidenceThe Institute for Supply Management (ISM) index of national factory activity fell to 50.2 in September of 2015 from 51.1 the month before. Of the 18 manufacturing industries, only 7 reported growth in September.2015-10-01T15:05:08"
US Markit Manufacturing PMI Rises Slightly,Manufacturing PMI,"US Markit Manufacturing PMI Rises Slightly United States Manufacturing PMIAt 53.1 in September, the final headline seasonally adjusted Markit U.S. Manufacturing Purchasing Managers’ Index™ (PMI™) was up only fractionally from August’s 22-month low of 53.0. Although still above the neutral 50.0 threshold, the latest reading was one of the lowest recorded over the past two years, thereby indicating a relatively subdued improvement in overall business conditions in September.2015-10-01T14:54:02"
US Jobless Claims at 4-Week High,Initial Jobless Claims,"US Jobless Claims at 4-Week HighUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 277,000 in the week ended September 26th, an increase of 10,000 from the previous week's level of 267,000. However, claims stayed below 300,000 for the 30th straight week, the 4-week moving average decreased and continuing claims were at the lowest since November of 2000, pointing to labour market strength.2015-10-01T13:41:30"
US Corporate Layoffs Rise in September,Challenger Job Cuts,"US Corporate Layoffs Rise in SeptemberUnited States Challenger Job CutsThe number of announced corporate layoffs in the United States increased by 43 percent to 58877 in September from 41186 in August, led by job cuts in Hewlett-Packard. The reductions reported last month pushed the layoff count to 205,759 in the third quarter, making it the worst quarter in six years. So far this year, they were 493,431 layoff announcements, more than the 483,171 for full 2014.2015-10-01T12:33:50"
US Stocks Report Worst Quarter Since 2011,Stock Market,US Stocks Report Worst Quarter Since 2011 United States Stock MarketThe Dow Jones declined 7.7 percent over the quarter with more than two-thirds of stocks posting losses.The S&P 500 was down 6.9 percent as energy and materials sectors faced the heaviest selloff. Nasdaq Composite was trading 7.4 percent lower.2015-09-30T21:59:58.88
Business Activity in Chicago Contracts in September,Chicago Pmi,"Business Activity in Chicago Contracts in SeptemberUnited States Chicago PmiThe Chicago PMI decreased to 48.7 in September from 54.4 in August as three of five components were in contraction. Production led the decline with a sharp double-digit drop that placed it at the lowest since July of 2009. New orders also fell significantly and Order Backlogs remained in contraction for the eighth consecutive month. Only Employment and Supplier Deliveries were above the 50 neutral level. 
2015-09-30T14:58:10"
US Private Sector Adds 200K Jobs,ADP Employment Change,"US Private Sector Adds 200K JobsUnited States ADP Employment ChangePrivate businesses in the United States hired 200 thousand workers in September of 2015 compared to a downwardly revised 186 thousand in August. Payroll growth was recorded in the trade, transportation and utilities sector (39,000), construction (35,000), professional and business services (29,000) and financial activities (15,000) while the manufacturing sector lost 15,000 jobs. Large companies hired 106,000 workers while medium-sized added 56,000 jobs and companies with less than 50 workers hired 37,000 people.
2015-09-30T13:23:50"
US Mortgage Applications Fall 6.7% in Latest Week,Mortgage Applications,"US Mortgage Applications Fall 6.7% in Latest Week United States Mortgage ApplicationsApplications for U.S. house mortgages went down 6.7 percent in the week ending September 25th over the previous week, after surging 13.9 percent in the prior period. Refinancing applications dropped 7.5 percent while loan requests for home purchases declined 5.6 percent. Fixed 30-year mortgage rates averaged 4.08 percent, slightly down from 4.09 percent in the previous two weeks. 2015-09-30T12:10:17"
US Stocks Close Mixed on Tuesday,Stock Market,"US Stocks Close Mixed on TuesdayUnited States Stock Market
After a volatile session, The Dow Jones closed 0.3 percent higher at 16,049.13,  the S&P 500 rose 0.12 percent to 1,884.09 while The Nasdaq Composite dipped 0.59 percent to 4,517.32.2015-09-29T22:20:20.227"
US House Prices Up 5% in July,Case Shiller Home Price Index YoY,"US House Prices Up 5% in JulyUnited States Case Shiller Home Price Index YoYHouse prices across 20 major metropolitan areas in the United States rose 5 percent year-on-year in July, up from a downwardly revised 4.9 percent increase in June but slightly below market expectations. San Francisco, Denver and Dallas reported the highest year-on-year gains, with price increases of 10.4 percent, 10.3 percent, and 8.7 percent, respectively while prices in Boston posted the biggest jump (4.3 percent from 3.2 percent in June). On a monthly basis, the S&P/Case-Shiller's 20-City Home Price Index increased 0.6 percent.2015-09-29T14:09:31"
Wall Street Falls Sharply,Stock Market,"Wall Street Falls SharplyUnited States Stock MarketU.S. stocks traded sharply lower on Monday as uncertainty about the timing of a rate hike and concerns about growth in China continued to weigh on sentiment. The S&P 500 ended the session down 2.6 percent, below the key level of 1,900 for the first time since August 26. The Dow Jones retreated around 1.9 percent and the Nasdaq Composite dropped 3 percent. 2015-09-28T17:23:07"
Factory Activity in Texas Remains Weak,Dallas Fed Manufacturing Index,"Factory Activity in Texas Remains WeakUnited States Dallas Fed Manufacturing Index The Dallas Fed Manufacturing Index improved to -9.5 in September from -15.8 in August of 2015, but remained negative for a ninth consecutive month. The production index, a key measure of state manufacturing conditions, remained near zero (0.9); while capacity utilization index (4.9 from -0.2) and shipments index (0.9 from -3) turned positive. The indexes of new orders and the growth rate of orders increased, but still remained in negative territory. The employment gauge posted a fifth consecutive negative reading, falling to -6.1. The indexes of future general business activity and future company outlook edged one point further into positive territory. Indexes for future manufacturing activity moved down modestly but remained strongly positive.2015-09-28T15:36:06"
US Pending Home Sales Disappoint,Pending Home Sales,"US Pending Home Sales DisappointUnited States Pending Home SalesPending Home Sales in the United States increased 6.1 percent year-on-year in August of 2015 slowing for the fourth straight month and posting the lowest gain so far this year. On a monthly basis, pending home sales fell 1.4 percent, following a 0.5 percent increase in July.2015-09-28T15:05:28.763"
US Personal Income Growth at 5-Month Low,Personal Income,"US Personal Income Growth at 5-Month LowUnited States Personal IncomePersonal Income in the United States increased 0.30 percent in August of 2015 over the previous month, following an upwardly revised 0.5 percent rise in July. It is the lowest gain in five months. 2015-09-28T13:49:42"
US PCE Price Index Stable in August,PCE Price Index Monthly Change,"US PCE Price Index Stable in AugustUnited States PCE Price Index Monthly ChangeThe Personal Consumption Expenditures Price Index in the United States remained unchanged at 109.77 Index Points in August of 2015 from the previous month as purchases of goods decreased 0.4 percent and services increased 0.2 percent. Excluding food and energy, PCE prices edged up 0.1 percent. 2015-09-28T13:45:31"
US Personal Spending Above Forecasts,Personal Spending,"US Personal Spending Above ForecastsUnited States Personal SpendingPersonal consumption in the US went up 0.4 percent in August of 2015, the same as an upwardly revised 0.4 percent rise in July and beating market expectations, suggesting further robustness of the consumer spending. Income rose 0.3 percent, the lowest gain in five months.2015-09-28T13:38:28"
Stocks Rise in the US,Stock Market,"Stocks Rise in the USUnited States Stock MarketThe Dow Jones is up around 200 points, trading more than 1% higher on Friday. The S&P 500 is gaining 0.8% and the Nasdaq is rising around 0.6%, after Fed Chair Janet Yellen said on Thursday the Fed is still on course to raise rates this year, depending on economic data and after the final GDP estimate showed the US economy expanded a better-than-expected 3.9 percent in the second quarter of 2015.2015-09-25T16:25:57"
US Consumer Sentiment Revised Sharply Up,Consumer Confidence,"US Consumer Sentiment Revised Sharply UpUnited States Consumer ConfidenceThe University of Michigan's final reading on the overall index of consumer sentiment came in at 87.2 in September, better than a preliminary reading of 85.7, but down from a final 91.9 in September. Barometer of current economic conditions and consumer expectations came stronger than in the preliminary reading. Still, it is the lowest figure in eleven months.2015-09-25T15:07:44"
US Services Sector Growth at 3-Month Low,Services PMI,"US Services Sector Growth at 3-Month LowUnited States Services PMIThe Markit Flash US Services PMI came in at 55.6 in September from 56.1 in August of 2015, the lowest figure in three months, as overall new business and employment growth slowed. 2015-09-25T14:52:23.987"
US Corporate Profits Rise 2.6% in Q2,Corporate Profits,"US Corporate Profits Rise 2.6% in Q2United States Corporate ProfitsAfter tax corporate profits in the United States increased 2.6 percent on quarter to USD 1533.9 Billion in the three months to June of 2015, rebounding from drops in the previous two periods. Profits from current production went up 3.5 percent while corporate income taxes rose 6 percent. 2015-09-25T14:32:48.09"
US GDP Growth Revised Up to 3.9% in Q2,GDP Growth Rate,"US GDP Growth Revised Up to 3.9% in Q2United States GDP Growth RateThe United States economy expanded an annualized 3.9 percent on quarter in the three months to June of 2015, better than a 3.7 percent gain reported in the second estimate, due to higher consumer and construction spending. It is the highest growth rate in three quarters.2015-09-25T13:38:18"
Dollar Rises to 5-Week High,Currency,"Dollar Rises to 5-Week HighUnited States CurrencyThe dollar index rose more than 0.5 percent to 96.4 on Friday, the highest since mid-August, as investors now bet dollar denominated deposits are likely to yield more, after Fed Chair Yellen said a rate hike this year is still possible, depending on economic data2015-09-25T10:43:11"
Fed Rate Hike Still Possible this Year,Interest Rate,"Fed Rate Hike Still Possible this YearUnited States Interest RateAn initial increase in the federal funds rate later this year would still be appropriate, depending on economic data, Federal Reserve Chair Janet Yellen said in a speech at the University of Massachusetts.2015-09-24T23:08:03"
US New Home Sales at 7-1/2-Year High,New Home Sales,"US New Home Sales at 7-1/2-Year HighUnited States New Home SalesSales of new single-family houses in the United States rose 5.7 percent to a seasonally adjusted annual rate of 552,000 in August of 2015. It is the highest figure since February of 2008. 
2015-09-24T15:10:53.357"
Stocks Selloff Continues on Thursday,Stock Market,"Stocks Selloff Continues on Thursday United States Stock MarketThe Dow Jones was down 167.8 points at 9:50 AM EDT. Meanwhile, The DAX, the CAC 40, the FTSEMIB and the AEX were all trading almost 2 percent lower. UK's FTSE 100 slipped 1.10% to 5971.08 points and Euro Zone's flagship STOXX50 declined 2.18 percent to 3012.72 points.2015-09-24T14:49:05"
Chicago Fed Economic Activity Index at 6-Month Low,Chicago Fed National Activity Index,"Chicago Fed Economic Activity Index at 6-Month LowUnited States Chicago Fed National Activity IndexChicago Fed National Activity Index in the United States decreased to -0.41 in August from an upwardly revised 0.51 in July of 2015, the lowest since February. All four broad categories of the economy declined from July:  production (-0.3 from +0.36); employment (-0.01 from +0.18);  personal consumption and housing (-0.08 from -0.06); sales, orders, and inventories (-0.03 from +0.03).2015-09-24T13:46:39"
US Jobless Claims Edge Up in the Latest Week,Initial Jobless Claims,"US Jobless Claims Edge Up in the Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 267,000 in the week ended September 19th, an increase of 3,000 from the previous week's unrevised level of 264,000 but below market expectations of 271,000.2015-09-24T13:39:18.757"
US Durable Goods Orders Down 2%,Durable Goods Orders,"US Durable Goods Orders Down 2%United States Durable Goods OrdersNew orders for US manufactured goods fell 2 percent in August from July, the first drop in three months and following a downwardly revised 1.9 percent increase in the previous period. Excluding transportation, orders were flat and excluding defense, orders were down 1 percent.2015-09-24T13:36:15.66"
Wall Steet Fails to Recover on Wendesday,Stock Market,"Wall Steet Fails to Recover on WendesdayUnited States Stock MarketUS stocks declined slightly on Wednesday amid weak Chinese and US factory data. The Dow Jones lost 50.58 points, or 0.31 percent; the S&P 500 was down 3.98 points, or 0.2 percent and the Nasdaq Composite declined 3.98 points, or 0.08 percent.2015-09-23T22:07:22.353"
US Factory Activity Stays At 22-Month Low,Manufacturing PMI,"US Factory Activity Stays At 22-Month LowUnited States Manufacturing PMIThe flash Markit US Manufacturing PMI came in at 53 in September of 2015, the same as in August and in line with market forecasts. Still, manufacturing output growth remained at a 22-month low as new work and employment slowed while prices fell for the first time in three years.2015-09-23T14:49:04"
US Mortgage Applications Surge 13.9%,Mortgage Applications,"US Mortgage Applications Surge 13.9% United States Mortgage ApplicationsApplications for U.S. house mortgages jumped 13.9 percent in the week ending September 18th over the previous week. It is the first increase in three weeks and the highest gain since mid January as interest rates remain low. Fixed 30-year mortgage rates averaged 4.09 percent, the same as in the previous week.2015-09-23T12:08:49"
Wall Street Tumbles on Tuesday Morning,Stock Market,"Wall Street Tumbles on Tuesday MorningUnited States Stock MarketThe Dow Jones Industrial Average opened 216.33 points lower, or 1.3 percent dragged down by concerns about the impact of China’s slowdown on global growth and uncertainty over the timing of Federal Reserve rates hike.
2015-09-22T18:05:23"
Richmond Fed Manufacturing Index Contracts in September,Richmond Fed Manufacturing Index,"Richmond Fed Manufacturing Index Contracts in SeptemberUnited States Richmond Fed Manufacturing Index Manufacturing activity in the 5th Federal Reserve District, including the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia contracted for the first time in five months as order backlogs, new orders and shipments declined while employment grew modestly. 2015-09-22T15:09:03"
US House Prices Rise More than Expected,FHFA House Price Index MoM,"US House Prices Rise More than ExpectedUnited States FHFA House Price Index MoMThe average prices of single-family houses with mortgages guaranteed by Fannie Mae and Freddie Mac in the United States increased 0.60 percent in July of 2015 over the previous month, above market expectations and the biggest rise in five months. Year-on-year, The FHFA house price index went up 5.8 percent. 2015-09-22T14:05:02"
US Existing Home Sales at 4-Month Low,Existing Home Sales,"US Existing Home Sales at 4-Month LowUnited States Existing Home SalesSales of previously owned houses in the US shrank 4.8% to an annual rate of 5.31 million units in August, below market expectations and following a downwardly revised 5.58 million in July. The median sale price went up 4.7% yoy and the months’ worth of supply rose 0.3 to 5.2.
2015-09-21T15:03:37"
Dow Jones Sells Off,Stock Market,Dow Jones Sells OffUnited States Stock MarketThe Dow Jones Industrial Average decreased 1.41% to 16432.6 points after the Federal Reserve decided against raising interest rates on September 17th.2015-09-18T17:49:39
Fed Upgrades Economic Growth Forecasts,Interest Rate,"Fed Upgrades Economic Growth ForecastsUnited States Interest RateThe Fed expects the US economy to expand between 2 to 2.3 percent in 2015, compared with its June outlook of 1.8 and 2 percent growth.  In 2016, it projects growth of 2.2 to 2.6 percent, below previous growth in the range of 2.4 to 2.7 percent.2015-09-17T19:15:42"
"Dollar Falls, Stocks Largely Unchanged on Fed",Stock Market,"Dollar Falls, Stocks Largely Unchanged on FedUnited States Stock MarketAfter the Federal Reserve decision on interest rates, benchmark stock markets remained largely unchanged but the EURUSD rallied strongly to 1.14 as forex traders took the FOMC statement as more dovish than expected. Investors are betting that dollar denominated deposits are unlikely to yield much more that investments in the euro area over the next few months.2015-09-17T19:14:33"
Fed Leaves Funds Rate Unchanged,Interest Rate,Fed Leaves Funds Rate UnchangedUnited States Interest RateThe Federal Reserve left its target range for the fed funds rate at 0 to 0.25 percent on September 17th but left open the possibility of a policy tightening later this year. "Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term."2015-09-17T19:00:48
Philadelphia Fed Manufacturing Index Lowest in 2-1/2 Years,Philadelphia Fed Manufacturing Index,"Philadelphia Fed Manufacturing Index Lowest in 2-1/2 YearsUnited States Philadelphia Fed Manufacturing IndexPhiladelphia Fed Manufacturing Index in the United States unexpectedly decreased to -6 in September from 8.30 in August, missing market expectations for a rise. It is the first negative figure since February of 2014.2015-09-17T15:06:04"
US Current Account Gap Lower than Expected,Current Account,"US Current Account Gap Lower than ExpectedUnited States Current AccountThe United States recorded a current account deficit of USD 109.7 billion in the second quarter of 2015, lower than an upwardly revised USD 118.3 billion gap in the first three months of the year. Figures came better than market forecasts as the trade deficit narrowed and income receipts increased.2015-09-17T14:13:16.61"
US Initial Jobless Claims at 8-Week Low,Initial Jobless Claims,"US Initial Jobless Claims at 8-Week LowUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 264,000 in the week ended September 12th, a decrease of 11,000 from the previous week's unrevised level of 275,000 and below market expectations. 2015-09-17T13:36:50.67"
US Housing Starts Down 3% in August,Housing Starts,"US Housing Starts Down 3% in AugustUnited States Housing StartsHousing starts in the United States fell 3 percent to a seasonally adjusted annual rate of 1,126,000 in August of 2015, following a downwardly revised 1,161,000 in July, missing market forecasts.2015-09-17T13:33:47"
US Building Permits Rise 3.5% MoM to 1170K,Building Permits,"US Building Permits Rise 3.5% MoM to 1170KUnited States Building PermitsBuilding permits for privately-owned housing units were at a seasonally adjusted annual rate of 1,170,000 in August. This is 3.5 percent above the revised July rate of 1,130,000 and is 12.5 percent above the August 2014 estimate of 1,040,000.2015-09-17T13:33:43"
US Overall Net Capital Flows at 141.9 USD Billion,Capital Flows,"US Overall Net Capital Flows at 141.9 USD BillionUnited States Capital FlowsOverseas investors bought 141.9 USD Billion of long-term U.S. assets, including short-dated assets, in July of 2015, after selling a net 129.7 USD Billion in June. Meanwhile, foreign buying of long-term U.S. securities, including government and corporate, fell to 7.7 USD Billion, following 103.1 USD Billion in the previous month.2015-09-16T22:03:07.75"
US Homebuilder Confidence at Nearly 10-Year High,Nahb Housing Market Index,"US Homebuilder Confidence at Nearly 10-Year HighUnited States Nahb Housing Market IndexThe National Association of Home Builders’ housing market index increased by 1 point to 62 in September. It is the highest figure since October of 2005, boosted by an increase in buyer traffic and current sales while the gauge for sales over the next 6 months decreased.2015-09-16T15:06:59"
US Consumer Prices Decline 0.1% MoM,Inflation Rate Mom,"US Consumer Prices Decline 0.1% MoMUnited States Inflation Rate MomThe consumer price index dropped 0.1 percent, the first decline since January, as gasoline prices continue to decline and a strong dollar brought down the cost of other goods.2015-09-16T13:39:14"
"US Annual Inflation Stable at 0.2%, Monthly Rate Falls",Inflation Rate,"US Annual Inflation Stable at 0.2%, Monthly Rate FallsUnited States Inflation RateConsumer prices in the United States increased 0.2 percent year-on-year in August of 2015, the same pace as in July and in line with market expectations. On a monthly basis, consumer prices fell 0.1 percent, the first drop in seven months.2015-09-16T13:32:20.503"
US Mortgage Applications Fall in Latest Week,Mortgage Applications,"US Mortgage Applications Fall in Latest WeekUnited States Mortgage ApplicationsApplications for U.S. house mortgages fell by 7 percent in the week ended September 11th, after dropping 6.2 percent in the previous period, according to the Mortgage Bankers Association.The index of refinancing applications went down 9.1 percent, while loan requests for home purchases decreased 4.2 percent. Fixed 30-year mortgage rates averaged 4.09%, down 1bps from the previous week. 2015-09-16T12:07:28"
Dow Jones Up 135 points,Stock Market,Dow Jones Up 135 pointsUnited States Stock MarketThe Dow Jones Industrial Average increased to 16507.72 Index points on Tuesday September 15 from 16370.96 Index points in the previous trading day.2015-09-15T15:45:12.127
US Business Inventories Rose Only 0.1% in July,Business Inventories,"US Business Inventories Rose Only 0.1% in JulyUnited States Business InventoriesBusiness Inventories in the United States increased 0.10 percent in July of 2015 over the previous month, following a downwardly revised 0.7 percent gain in June. It is the lowest gain since March.2015-09-15T15:02:34"
US Industrial Output Growth Slows to 0.9% YoY,Industrial Production,"US Industrial Output Growth Slows to 0.9% YoYUnited States Industrial ProductionIndustrial Production in the United States increased 0.90 percent in August of 2015 over the same month in the previous year, slowing from a 1.3 percent rise in July. It is the lowest gain since January of 2010.2015-09-15T14:39:35.12"
US Industrial Output Shrinks in August,Industrial Production Mom,"US Industrial Output Shrinks in AugustUnited States Industrial Production MomIndustrial production in the United States fell 0.4 percent in August over July, following an upwardly revised 0.9 percent gain in the previous period. Figures came worse than market expectations as manufacturing fell 0.5 percent, mining dropped 0.6 percent while production of utilities rose 0.6 percent. Considering the first eight months of 2015, industrial production increased only in July and fell in the remaining seven months.  2015-09-15T14:24:01"
Factory Activity in New York State Fell Sharply,NY Empire State Manufacturing Index,"Factory Activity in New York State Fell SharplyUnited States NY Empire State Manufacturing IndexThe New York Fed's Empire State manufacturing index registered minus 14.7 this month after a minus 14.9 in August pointing to the contraction in factory activity for the second consecutive month. New orders came in at -12.9 and shipments registered -8.0. In addition, a measure of employment fell to -6.2 in September, first decline in more than two years.
2015-09-15T13:52:28"
US Retail Sales Below Expectations,Retail Sales MoM,"US Retail Sales Below ExpectationsUnited States Retail Sales MoMRetail sales edged up 0.2 percent in August, slowing from an upwardly revised 0.7 percent rise in July. Figures came slightly below market forecasts, as lower gasoline prices dragged sales at gas stations down.

2015-09-15T13:38:12"
Dow Jones Industrial Average at 16370.96 Index points,Stock Market,Dow Jones Industrial Average at 16370.96 Index pointsUnited States Stock MarketDow Jones Industrial Average decreased to 16370.96 Index points on Monday September 14 from 16433.09 Index points in the previous trading day.2015-09-15T00:20:53.663
US Budget Deficit Narrows 50% in August,Government Budget Value,"US Budget Deficit Narrows 50% in AugustUnited States Government Budget ValueThe United States recorded a budget gap of $64.4 Billion in August of 2015, much lower than a $128 billion deficit a year earlier as the receipts increased 8.8 percent to $211 billion and outlays fell 14.9 percent to $275 billion. 2015-09-11T19:28:59"
US Consumer Sentiment at 12-Month Low,Consumer Confidence,"US Consumer Sentiment at 12-Month LowUnited States Consumer ConfidenceThe University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 85.7 in September, down from 91.9 in August and below market expectations. Consumer sentiment fell for the third straight month to the lowest figure in a year, as current and future expectations worsened while inflation expectations rose slightly. 2015-09-11T15:09:26.83"
United States PPI Flat in August,Producer Price Inflation MoM,"United States PPI Flat in AugustUnited States Producer Price Inflation MoMProducer prices in the United States were unchanged in August from July, compared to a 0.2 percent rise in the previous month but above market expectations. Falling energy prices offset a rise in profit margins for apparel, footwear, and accessories retailing.2015-09-11T13:45:15.207"
United States Unemployment Rate at 5.10 percent,Unemployment Rate,United States Unemployment Rate at 5.10 percentUnited States Unemployment RateUnemployment Rate in the United States decreased to 5.10 percent in August from 5.30 percent in July of 2015.  It is the lowest unemployment rate since April 2008 as the number of unemployed edged down to 8 million. 2015-09-10T16:48:43.787
United States Wholesale Inventories Fall in July,Wholesale Inventories,United States Wholesale Inventories Fall in JulyUnited States Wholesale InventoriesWholesale Inventories in the United States decreased 0.10 percent in July of 2015 over the previous month. It is the first fall since May of 2013.2015-09-10T15:07:57.057
US Job Openings at Record High,Job Offers,"US Job Openings at Record HighUnited States Job OffersJob Offers in the United States increased to 5753 Thousands in July from an upwardly revised 5323 Thousands in June of 2015. It is the highest figure on record, mainly driven by a rise openings for private while for government were little changed.2015-09-09T15:19:05.797"
US MBA Mortgage Applications Fall 6.20%,Mortgage Applications,US MBA Mortgage Applications Fall 6.20%United States Mortgage ApplicationsMortgage Application in the United States decreased for the first time in eight weeks by 6.20 percent in the week ending September 4 of 2015. The index for refinancing applications fell 9.9 percent while loan requests for house purchases edged down 0.9 percent. 2015-09-09T12:17:13.217
US Economy Adds Only 173K Jobs In August,Non Farm Payrolls,"US Economy Adds Only 173K Jobs In AugustUnited States Non Farm PayrollsAmerican payrolls increased by 173,000 in August and the unemployment rate edged down to 5.1 percent, the U.S. Bureau of Labor Statistics  reported today. Job gains occurred in health care and social assistance and in  financial activities. Manufacturing and mining lost jobs.2015-09-04T13:58:20.687"
US Unemployment Rate At 7-1/2 Year Low,Unemployment Rate,"US Unemployment Rate At 7-1/2 Year LowUnited States Unemployment RateJobless rate in the US declined to 5.1 percent and total nonfarm payroll employment increased by 173,000 in August. It is the lowest unemployment rate since April 2008 as the number of unemployed edged down to 8 million. 2015-09-04T13:57:00.663"
US Services Sector Growth Beats Estimates,Non Manufacturing PMI,"US Services Sector Growth Beats EstimatesUnited States Non Manufacturing PMIThe ISM Non-manufacturing PMI index registered 59 percent in August, down from a 10-year high of 60.3 in July but better than market expectations. Although 4 main subindexes decreased, 15 out of 17 services industries reported growth, the same as in July. 2015-09-03T15:11:51.18"
US Trade Deficit at 5-Month Low,Balance of Trade,US Trade Deficit at 5-Month LowUnited States Balance of TradeUS trade gap narrowed to USD 41.86 billion in July of 2015 from an upwardly revised USD 45.21 billion in June. It is the lowest deficit since February as exports rose 0.4 percent while imports went down 1.1 percent.2015-09-03T14:30:10.24
US Jobless Claims at 8-Week High,Initial Jobless Claims,"US Jobless Claims at 8-Week HighUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 282,000 in the week ended August 29th, an increase of 12,000 from the previous week's downwardly revised level of 270,000 and beating market expectations of 275,000.2015-09-03T13:35:40.063"
US Manufacturing Growth at 2-Year Low,Business Confidence,"US Manufacturing Growth at 2-Year LowUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity slowed for the second straight month to 51.1 in August from 52.7 in July. It is the lowest figure since May of 2013 as all subindexes decreased.
2015-09-01T15:15:16.463"
US Factory Activity at 22-Month Low,Manufacturing PMI,"US Factory Activity at 22-Month LowUnited States Manufacturing PMIThe final Markit Manufacturing PMI in the United States came in at 53 in August, slightly better than a preliminary reading of 52.9 but down from 53.80 in July of 2015. It is the lowest figure since October of 2013 as output, new orders and job creation all slowed.2015-09-01T14:54:15.657"
US Consumer Sentiment at 3-Month Low,Consumer Confidence,"US Consumer Sentiment at 3-Month LowUnited States Consumer ConfidenceThe University of Michigan's final reading on the overall index of consumer sentiment came in at 91.9 in August, lower than a preliminary reading of 92.9 and a final 93.1 in July. 2015-08-28T15:16:27"
US Personal Spending Climbs 0.3%,Personal Spending,"US Personal Spending Climbs 0.3%United States Personal SpendingPersonal consumption in the US increased 0.3 percent in July of 2015, the same as an upwardly revised 0.3 percent rise in June, but below market expectations. Income rose 0.4 percent for the fourth straight month. 2015-08-28T13:54:23.133"
US GDP Growth Revised Up to 3.7%,GDP Growth Rate,"US GDP Growth Revised Up to 3.7%United States GDP Growth RateThe US economy expanded an annualized 3.7 percent on quarter in the three months to June, according to the second estimate released by the Bureau of Economic Analysis. Figures came better than a 2.3 percent gain initially reported and beat market expectations due to higher business spending and quicker build up of inventories.2015-08-27T14:51:38.827"
US Jobless Claims Fall More Than Expected,Initial Jobless Claims,"US Jobless Claims Fall More Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 271,000 in the week ended August 22nd, a decrease of 6,000 from the previous week's unrevised level of 277,000.  Initial claims declined for the first time in five weeks, beating market expectations of 274,000.2015-08-27T13:48:41.547"
Durable Goods Beat Forecasts in July,Durable Goods Orders,"Durable Goods Beat Forecasts in JulyUnited States Durable Goods OrdersNew orders for US manufactured goods rose for the second straight month by 2 percent in July, slowing from an upwardly revised 4.1 percent gain in the previous month but exceeding market expectations of a drop. 2015-08-26T13:50:03.603"
US New Home Sales Rebound,New Home Sales,"US New Home Sales Rebound United States New Home SalesSales of new single-family houses in the US rose 5.4 percent to a seasonally adjusted annual rate of 507,000 units in July, recovering from fall in June. 2015-08-25T15:15:22"
US Factory Activity at 2-Year Low,Manufacturing Pmi,"US Factory Activity at 2-Year LowUnited States Manufacturing PmiThe Flash Markit Manufacturing PMI in the US unexpectedly dropped to 52.9 in August from a final reading of 53.8 in July. It is the lowest figure since October of 2013 as output, new orders and employment all grew at a slower pace. 2015-08-21T14:55:59.623"
Jobless Claims Slightly Up in Latest Week,Initial Jobless Claims,"Jobless Claims Slightly Up in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits was 277,000 in the week ended August 15th, an increase of 4,000 from the previous week. Initial claims rose for the fourth straight week, above market expectations.2015-08-20T13:42:40.39"
Fed on Course to Raise Rates Soon,Interest Rate,"Fed on Course to Raise Rates SoonUnited States Interest RateFederal Reserve policymakers confirmed that conditions for the first rate hike had not yet been met but are approaching, as the labour market improves while inflation remains well below target, minutes of the meeting held last month showed.2015-08-19T19:40:29.87"
US Inflation Rate Up to 0.2%,Inflation Rate,"US Inflation Rate Up to 0.2%United States Inflation RateConsumer prices in the US increased 0.2 percent year-on-year in July of 2015, following a 0.1 percent rise in June. It is the highest inflation rate so far this year, pushed by a rise in shelter cost.2015-08-19T13:45:59.83"
"Housing Starts Edge Up, Permits Fall Sharply",Housing Starts,"Housing Starts Edge Up, Permits Fall SharplyUnited States Housing StartsHousing starts in the US went up 0.2 percent to a seasonally adjusted annual rate of 1,206,000 in July, the highest since October of 2007 and following an upwardly revised 1,204,000 in June. In contrast, building permits shrank 16.3 percent to an annual rate of 1,119,000.2015-08-18T13:51:42.063"
US Consumer Sentiment Lowest in 8-Months,Consumer Confidence,"US Consumer Sentiment Lowest in 8-MonthsUnited States Consumer ConfidenceThe University of Michigan’s preliminary index of sentiment decreased to 92.9 in August from 93.1 in July, the lowest level since November.2015-08-14T15:11:32.747"
US Industrial Production Growth Strongest in 8-Months,Industrial Production Mom,US Industrial Production Growth Strongest in 8-MonthsUnited States Industrial Production MomIndustrial output in the US rose 0.6 percent in July after a downwardly revised increase of 0.1 percent in June. The gain was a result of a 0.8 percent growth in factory production supported by a surge in production of motor vehicles.2015-08-14T14:33:24
US Retail Sales Rise 0.6% in July,Retail Sales MoM,"US Retail Sales Rise 0.6% in JulyUnited States Retail Sales MoMUS retail sales increased 0.6 percent in July on higher demand for everything from cars to clothing. The figure for June was revised up to a flat compared to previously reported 0.3 percent drop.
2015-08-13T13:58:48.397"
US Jobless Claims Rise More Than Expected,Initial Jobless Claims,"US Jobless Claims Rise More Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 274,000 in the week ended August 8th, an increase of 5,000 from the previous week's downwardly revised level of 269,000. 2015-08-13T13:35:55"
US Budget Gap Widens in July,Government Budget Value,"US Budget Gap Widens in JulyUnited States Government Budget ValueThe United States recorded a budget deficit of $149.2 Billion in July, $55 billion higher from the same period last year as spending increased more than receipts.
2015-08-12T19:10:10.383"
US Economy Adds 215K Jobs In July,Non Farm Payrolls,"US Economy Adds 215K Jobs In JulyUnited States Non Farm PayrollsAmerican payrolls increased by 215,000 in July and the unemployment rate was unchanged at 5.3 percent. Job gains occurred in retail trade, health care, professional and technical services, and financial activities.2015-08-07T13:41:11.627"
US Unemployment Rate Steady at 5.3% in July,Unemployment Rate,"US Unemployment Rate Steady at 5.3% in JulyUnited States Unemployment RateJobless rate in the US was unchanged at 5.3 percent and total nonfarm payroll employment increased by 215,000 in July. Job gains occurred in retail trade, health care, professional and technical services, and financial activities.2015-08-07T13:33:56"
US Jobless Claims Rise Slightly in the Latest Week,Initial Jobless Claims,"US Jobless Claims Rise Slightly in the Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filling for unemployment benefits was 270,000 in the week ended August 1st, an increase of 3,000 from the previous week's unrevised level of 267,000. The 4-week moving average was 268,250, a decrease of 6,500 from the previous week's average of 274,750.2015-08-06T13:40:53.83"
US Services Sector Growth At 10-Year High,Non Manufacturing Pmi,"US Services Sector Growth At 10-Year HighUnited States Non Manufacturing PmiThe ISM Non-manufacturing PMI index registered 60.3 percent in July, 4.3 percentage points higher than the June reading of 56 percent. It is the highest reading since August of 2005 as 15 out of 17 services industries reported growth.2015-08-05T15:08:35.69"
US Trade Deficit Widens in June,Balance Of Trade,"US Trade Deficit Widens in JuneUnited States Balance Of TradeThe goods and services deficit in the US was $43.8 billion in June, up $2.9 billion or 7.1 percent from $40.9 billion in May as strong dollar weighed on exports and boosted imports.2015-08-05T13:54:47.107"
US Factory Activity Growth Slightly Up in July,Manufacturing Pmi,"US Factory Activity Growth Slightly Up in JulyUnited States Manufacturing PmiThe final Markit US Manufacturing PMI came in at 53.8 in July, the same as preliminary reading of 53.8 but above 20-month low of 53.6 registered in June. 2015-08-03T15:18:44.71"
US Manufacturing Growth Disappoints in July,Business Confidence,"US Manufacturing Growth Disappoints in JulyUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity slowed to 52.7 in July, compared to 53.5 in June and much below market expectations. While employment and raw materials inventories declined, production and new orders subindexes rose.2015-08-03T15:10:38.76"
US Personal Spending Growth Slows to 0.2% in June,Personal Spending,"US Personal Spending Growth Slows to 0.2% in JuneUnited States Personal SpendingPersonal consumption in the US increased 0.2 percent in June over the previous month following a downwardly revised gain of 0.7 percent in May. Meanwhile, personal incomes grew 0.4 percent.2015-08-03T13:51:59.253"
US Consumer Sentiment At 93.1 in July,Consumer Confidence,"US Consumer Sentiment At 93.1 in JulyUnited States Consumer ConfidenceThe University of Michigan's final reading on the overall index of consumer sentiment came in at 93.1 in July, lower than a preliminary reading of 93.3 and a final 96.1 in June. 2015-07-31T15:06:22.28"
US Economy Expands 2.3% in Q2,Gdp Growth Rate,"US Economy Expands 2.3% in Q2United States Gdp Growth RateUS economy grew 2.3 percent in the second quarter of 2015 compared to 0.6 percent expansion reported in the previous three month period, according to the advanced estimate released by the Bureau of Economic Analysis. The growth was boosted by a pick-up in consumer spending while business spending on equipment declined. 2015-07-30T13:42:52.867"
US Jobless Claims Rise in The Latest Week,Initial Jobless Claims,"US Jobless Claims Rise in The Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 12,000 to 267,000 in the week ended July 25th from 255,000 in the previous week.2015-07-30T13:38:21.25"
Fed Remains On Course To Lift Rates in 2015,Interest Rate,"Fed Remains On Course To Lift Rates in 2015United States Interest RateRates will be raised when further improvements in the labor market occur, the Federal Reserve said during the meeting held on July 29th. Highlighting that is confident inflation will move back to its 2 percent objective over the medium term.
2015-07-29T23:08:22.917"
US Durable Goods Orders Beat Expectations,Durable Goods Orders,"US Durable Goods Orders Beat ExpectationsUnited States Durable Goods OrdersNew orders for US manufactured goods rose 3.4 percent in June from May, first increase in three months, lead by strong bookings for passenger airplanes.  2015-07-27T14:36:17.977"
New Home Sales at 7-Month Low,New Home Sales,"New Home Sales at 7-Month LowUnited States New Home SalesSales of new single-family houses in the US shrank 6.8 percent to a seasonally adjusted annual rate of 482,000 units in June. It is the lowest figure since November last year.2015-07-24T15:23:48.94"
US Factory Activity Edges Up in July,Manufacturing Pmi,"US Factory Activity Edges Up in JulyUnited States Manufacturing PmiThe Markit Flash U.S. Manufacturing PMI increased slightly to 53.8 in July from a 20-month low of 53.6 in June, better than market expectations. Although job creation slowed to its lowest since April, output and new business increased at a faster pace.2015-07-24T14:55:18.347"
US Jobless Claims Lowest Since 1973,Initial Jobless Claims,"US Jobless Claims Lowest Since 1973United States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 26,000 to 255,000 in the week ended July 18th. Figures came much better than market expectations, reaching the lowest level since November 1973. 2015-07-23T13:56:14.56"
US Industrial Production Revised Down in June,Industrial Production Mom,"US Industrial Production Revised Down in JuneUnited States Industrial Production MomIndustrial output in the US rose 0.2 percent in June from May, lower than an initial estimate of 0.3 percent, annual revisions from the Fed showed. Yet, it is the first increase in six months.2015-07-21T16:09:08.8"
US Inflation Rate Rises for the First Time in 6 Months,Inflation Rate,US Inflation Rate Rises for the First Time in 6 MonthsUnited States Inflation RateConsumer prices in the US increased 0.1 percent year-on-year in June of 2015 after remaining flat in the previous month. It is the first increase since December as a rise in cost of shelter and food offset a decline in prices of energy. 2015-07-17T16:42:34.987
US Consumer Sentiment Falls in July,Consumer Confidence,"US Consumer Sentiment Falls in JulyUnited States Consumer ConfidenceThe University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 93.3 in July, down from 96.1 in June and well below market expectations as concerns over the Greek crisis and the Chinese slowdown drove current and future expectations down.2015-07-17T15:11:35.593"
US Building Activity Recovers in June,Housing Starts,"US Building Activity Recovers in JuneUnited States Housing StartsU.S. housing starts rose 9.8 percent from a month earlier to a seasonally adjusted annual rate of 1.17 million in June while building permits increased 7.4 percent to 1.34 million. Their are at the highest levels since 2007. 
2015-07-17T14:07:41.743"
US Jobless Claims Fall More than Expected,Initial Jobless Claims,"US Jobless Claims Fall More than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 15,000 to 281,000 in the week ended July 11th, better than market forecasts and reaching the lowest value in four weeks. 2015-07-16T13:39:47.09"
Yellen Says US Outlook Remains Favorable,Interest Rate,"Yellen Says US Outlook Remains FavorableUnited States Interest RateFed Chair Janet Yellen said the outlook for the US economy is favorable, signaling once again the Fed may start raising rates this year. However, Yellen showed concerns over the Greek crisis and the Chinese slowdown which pose risks to the US outlook, prepared statement for the Congressional Testimony showed.2015-07-15T15:07:25.12"
US Industrial Production Rebounds,Industrial Production Mom,"US Industrial Production ReboundsUnited States Industrial Production MomIndustrial output rose 0.3 percent in June from May, beating market expectations and recovering from contraction in the previous two months. It is the highest gain in seven months boosted by mining and utilities while manufacturing was flat. 2015-07-15T14:26:17.187"
US Retail Sales Unexpectedly Fall,Retail Sales Mom,"US Retail Sales Unexpectedly FallUnited States Retail Sales MomUS retail sales decreased 0.3 percent in June, following a downwardly revised 1 percent gain in May due to lower sales of autos and range of other goods.2015-07-14T14:17:32.49"
US Posts $51.8 Billion Budget Surplus in June,Government Budget Value,"US Posts $51.8 Billion Budget Surplus in June United States Government Budget ValueThe United States recorded a budget surplus of $51.8 billion in June, down 27 percent from the same period last year as spending increased more than receipts.2015-07-13T19:30:56.06"
Fed Likely to Raise Rates this Year,Interest Rate,Fed Likely to Raise Rates this YearUnited States Interest RateThe Federal Reserve Chair Janet Yellen said she expects the Fed to raise interest rates at some point later this year but stressed the labour market hasn’t fully recovered yet while inflation remains low. 2015-07-10T18:13:51.187
US Jobless Claims Up to 5-Month High,Initial Jobless Claims,"US Jobless Claims Up to 5-Month HighUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 15,000 to 297,000 in the week ended July 4th. It is the highest figure since late February. 2015-07-09T13:38:28.48"
Fed Shows Concerns over Greece and China,Interest Rate,"Fed Shows Concerns over Greece and ChinaUnited States Interest RateFed officials needed more evidence from the strengthening of the US economy before raising rates, while noticing risks arising from the Greek crisis and the Chinese slowdown, minutes of the meeting held last month showed. 2015-07-08T19:23:28.48"
US Trade Deficit Widens in May,Balance Of Trade,"US Trade Deficit Widens in MayUnited States Balance Of TradeThe US trade gap increased to USD 41.9 billion in May from a downwardly revised USD 40.7 billion in April, as exports declined more than imports.2015-07-07T14:37:23.5"
US Services Sector Growth Slightly Accelerates in June,Non Manufacturing Pmi,"US Services Sector Growth Slightly Accelerates in JuneUnited States Non Manufacturing PmiThe ISM non-manufacturing PMI index rose to 56 percent in June of 2015 from 55.7 percent in May. While business activity and new orders subindexes increased, employment and prices components were weaker. 2015-07-06T15:16:09.427"
Unemployment Rate Declines to 5.3% in June,Unemployment Rate,"Unemployment Rate Declines to 5.3% in JuneUnited States Unemployment RateTotal nonfarm payroll employment increased by 223,000 in June, and the unemployment rate declined to 5.3 percent, the U.S. Bureau of Labor Statistics reported today.  Job gains occurred in professional and business services, health care, retail trade, financial activities, and in transportation and warehousing. 2015-07-02T13:49:59.103"
US Economy Adds 223K Jobs In June,Non Farm Payrolls,"US Economy Adds 223K Jobs In JuneUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 223,000 in June, down from a revised 262,000 in May and below market expectations. The unemployment rate declined to 5.3 percent from 5.5 percent a month earlier.2015-07-02T13:42:46.927"
Jobless Claims at 5-Week High,Initial Jobless Claims,"Jobless Claims at 5-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 10,000 to 281,000 in the week ended June 27th from 271,000 in the previous week. 2015-07-02T13:41:01.523"
US Manufacturing Growth at 5-Month High,Business Confidence,"US Manufacturing Growth at 5-Month HighUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity was 53.5 in June, up from 52.8 in May and better than market expectations. It is the highest figure since January as new orders and job creation increased.2015-07-01T15:09:42.683"
US Factory Activity Lowest Since October 2013,Manufacturing Pmi,"US Factory Activity Lowest Since October 2013United States Manufacturing PmiThe final Markit US Manufacturing PMI came in at 53.6 in June, slightly better than preliminary reading of 53.4 but still below 54 registered in May. 2015-07-01T14:55:18.637"
US Consumer Sentiment at 5-Month High,Consumer Confidence,"US Consumer Sentiment at 5-Month HighUnited States Consumer ConfidenceThe University of Michigan's final reading on the overall index of consumer sentiment came in at 96.1 in June, higher than a preliminary reading of 94.6 and a final 90.7 in May. It is the highest figure since January, beating market expectations. 2015-06-26T15:14:33.01"
Personal Spending Rises The Most in Nearly 6 Years,Personal Spending,Personal Spending Rises The Most in Nearly 6 YearsUnited States Personal SpendingPersonal consumption in the US jumped 0.9 percent in May over the previous month following a gain of only 0.1 percent in April. It is the biggest increase since August of 2009.2015-06-25T14:00:26.693
Jobless Claims Edge Up in The Latest Week,Initial Jobless Claims,"Jobless Claims Edge Up in The Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 3,000 to 271,000 in the week ended June 20th from an upwardly revised 268,000 in the previous week. 2015-06-25T13:41:47.23"
US GDP Contracts Less Than Expected in Q1,Gdp Growth Rate,"US GDP Contracts Less Than Expected in Q1United States Gdp Growth RateThe United States economy shrank at an annual rate of 0.2 percent in the first quarter of 2015, instead of a 0.7 percent drop reported in the second estimate. The exports decreased less than previously estimated, and personal expenditures and imports rose more.
2015-06-24T13:56:18.55"
US Factory Activity at 20-Month Low,Manufacturing Pmi,"US Factory Activity at 20-Month LowUnited States Manufacturing PmiThe Markit Flash U.S. Manufacturing PMI decreased for the third consecutive month to 53.4 in June, the lowest since October of 2013. While output growth slowed, new business picked up slightly and job creation rose to its highest since November of 2014.2015-06-23T15:18:38.063"
New Home Sales at 7-Year High,New Home Sales,"New Home Sales at 7-Year HighUnited States New Home SalesSales of new single-family houses in the US increased 2.2 percent to a seasonally adjusted annual rate of 546,000 units in May. It is the highest figure since February of 2008, boosted by sales in the Northeast and the West. 2015-06-23T15:13:02.253"
Durable Goods Orders Fall More Than Expected,Durable Goods Orders,"Durable Goods Orders Fall More Than ExpectedUnited States Durable Goods OrdersNew orders for US manufactured goods shrank 1.8 percent in May, driven by a steep decline in transportation orders. Yet, excluding transportation, orders increased 0.5 percent, rebounding from a downwardly revised 0.3 percent fall in the previous month. 2015-06-23T14:16:53.91"
Jobless Claims at 5-Week Low,Initial Jobless Claims,"Jobless Claims at 5-Week LowUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 12,000 to 267,000 in the week ended June 13th from 279,000 in the previous week. 2015-06-18T14:04:22.257"
US Inflation Rate Flat in May,Inflation Rate,"US Inflation Rate Flat in MayUnited States Inflation RateConsumer prices in the US were unchanged year-on-year in May, following a 0.2 percent drop in April. Yet, the monthly index rose 0.4 percent, the biggest increase in more than two years. 2015-06-18T13:39:14.587"
Fed Will Hike Rates by the End of 2015,Interest Rate,"Fed Will Hike Rates by the End of 2015United States Interest RateThe Federal Reserve left its target range for the fed funds rate at 0 to 0.25 percent, as expected, but the lawmakers indicated that U.S. economy is growing strong enough to support an interest rate increase by the end of the year.2015-06-17T19:10:52.683"
"Housing Starts Fall, Permits Surge",Housing Starts,"Housing Starts Fall, Permits SurgeUnited States Housing StartsPrivately-owned housing starts decreased 11.1 percent in May to a seasonally adjusted annual rate of 1,036,000. In contrast, building permits jumped 11.8 percent to 1275 thousand, the highest in nearly eight years.2015-06-16T13:53:57.047"
US Industrial Production Unexpectedly Falls in May,Industrial Production Mom,"US Industrial Production Unexpectedly Falls in MayUnited States Industrial Production MomThe industrial output decreased 0.2 percent in May after failing to grow in the previous five months, dragged down by manufacturing and mining. 2015-06-15T14:35:15.89"
US Consumer Sentiment Rises More than Expected,Consumer Confidence,"US Consumer Sentiment Rises More than ExpectedUnited States Consumer ConfidenceThe University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 94.6 in June, up from 90.7 in May and well above market expectations. Both current and future expectations went up while the inflation outlook slowed. 2015-06-12T15:14:18.26"
US Retail Sales Beat Forecasts,Retail Sales Mom,"US Retail Sales Beat ForecastsUnited States Retail Sales MomRetail sales increased 1.2 percent in May over April, following an upwardly revised 0.2 percent rise in the previous period, boosted by purchases of automobiles, food and gasoline.2015-06-11T14:10:30.98"
Jobless Claims Edged Up In Latest Week,Initial Jobless Claims,"Jobless Claims Edged Up In Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits rose by 2,000 to 279,000 in the week ended June 6th from the previous week. The 4-week moving average was 278,750, an increase of 3,750 from the previous week. 2015-06-11T13:36:44.93"
US Budget Deficit Declines to $82.4 Billion in May,Government Budget Value,"US Budget Deficit Declines to $82.4 Billion in MayUnited States Government Budget ValueThe United States posted a budget gap of $82.4 billion in May, a 37 percent drop from the same period last year as revenues rose and spending declined.
2015-06-10T23:30:48.13"
US Unemployment Rate Up to 5.5%,Unemployment Rate,US Unemployment Rate Up to 5.5%United States Unemployment RateThe jobless rate increased for the first time in four months to 5.5 percent in May from 5.4 percent in April as more people joined the labour force.2015-06-05T13:42:36.44
US Economy Adds 280K Jobs In May,Non Farm Payrolls,"US Economy Adds 280K Jobs In MayUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 280,000 in May, up from a revised 221,000 in April. The unemployment rate rose slightly to 5.5 percent. 
2015-06-05T13:38:15.11"
Jobless Claims Fall in Latest Week,Initial Jobless Claims,"Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits fell by 8,000 to 276,000 in the week ended May 30th from the previous week. The 4-week moving average increased while continuing claims reached the lowest since late 2000.2015-06-04T13:44:12.683"
US Services Sector Growth at 13-Month Low,Non Manufacturing Pmi,"US Services Sector Growth at 13-Month LowUnited States Non Manufacturing PmiThe ISM non-manufacturing PMI index decreased to 55.7 percent in May from 57.8 percent in April. It is the lowest figure since April last year as business activity, new orders and employment subindexes slowed. 2015-06-03T15:22:27.46"
US Trade Deficit Narrows in April,Balance Of Trade,"US Trade Deficit Narrows in AprilUnited States Balance Of TradeUS trade gap was USD 40.9 billion in April, improving from a shortfall of USD 50.6 billion in March as exports rose 1 percent and imports fell 3.3 percent.2015-06-03T14:03:28.06"
US Factory Activity at 4-Month Low,Manufacturing Pmi,"US Factory Activity at 4-Month LowUnited States Manufacturing PmiThe final Markit US Manufacturing PMI came in at 54 in May, slightly better than preliminary reading of 53.8 but below 54.1 registered in April. It is the lowest figure since January as new order volumes grew at the weakest pace in 16 months.2015-06-01T15:24:25.323"
US Manufacturing Rebounds in May,Business Confidence,"US Manufacturing Rebounds in MayUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity was 52.8 in May, accelerating from a 2-year low of 51.5 reported in March and April. While new orders and employment indexes improved, the production index decreased.

2015-06-01T15:22:38.843"
US Personal Spending Flat but Income Rises,Personal Spending,"US Personal Spending Flat but Income Rises United States Personal SpendingPersonal spending was unchanged in April, following an upwardly revised 0.5 percent increase in the previous month due to lower demand for automobiles and utilities. Yet, personal income increased a better than expected 0.4 percent.2015-06-01T13:54:02.91"
US Consumer Sentiment Above Estimates,Consumer Confidence,"US Consumer Sentiment Above EstimatesUnited States Consumer ConfidenceThe University of Michigan's final reading on the overall index of consumer sentiment came in at 90.7 in May, higher than a preliminary reading of 88.6 but below 95.9 reported in April. Yet, it is the lowest figure in six months.2015-05-29T15:13:23.353"
US GDP Shrinks in Q1,Gdp Growth Rate,"US GDP Shrinks in Q1United States Gdp Growth RateThe United States economy contracted at an annual rate of 0.7 percent in the first quarter of 2015, down from a preliminary 0.2 percent growth, figures from the second official estimate showed. It is the first contraction in a year as the trade deficit widened and inventories accumulated less than expected. 2015-05-29T13:48:03.03"
Jobless Claims Rise in Latest Week,Initial Jobless Claims,"Jobless Claims Rise in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits rose for the second straight time to 282,000 in the week ended May 23rd, an increase of 7,000 from the previous week’s revised level. It is the highest figure in five weeks. 2015-05-28T13:39:57.803"
New Home Sales Beat Forecasts,New Home Sales,"New Home Sales Beat ForecastsUnited States New Home SalesSales of new single-family houses in the US surged 6.8 percent to a seasonally adjusted annual rate of 517,000 units in April, boosted by sales in the South and the Midwest.2015-05-26T15:16:37.933"
Durable Goods Fall in April,Durable Goods Orders,"Durable Goods Fall in AprilUnited States Durable Goods OrdersNew orders for US manufactured goods shrank 0.5 percent in April, following an upwardly revised 5.1 percent rise in March. Excluding transportation, orders increased 0.5 percent, slightly slowing from a revised 0.6 percent increase in the previous month. 2015-05-26T13:48:21.917"
Fed Likely to Raise Rates in 2015,Interest Rate,"Fed Likely to Raise Rates in 2015United States Interest RateThe Federal Reserve is likely to start raising interest rates this year as the U.S. economy seems well positioned for continued growth, Fed Chair Janet Yellen said on Friday.2015-05-22T18:22:13.08"
US Inflation Rate Falls Further,Inflation Rate,"US Inflation Rate Falls FurtherUnited States Inflation RateConsumer prices in the United States went down 0.2 percent year-on-year in April, following a 0.1 percent drop in March due to falling energy cost. Yet, core inflation was unchanged at 1.8 percent, beating market forecasts.2015-05-22T13:42:19.45"
US Factory Activity at 16-Month Low,Manufacturing Pmi,US Factory Activity at 16-Month LowUnited States Manufacturing PmiThe Markit Flash U.S. Manufacturing PMI decreased for the second consecutive month to 53.8 in May from 54.1 in April as slower new order growth offset faster job creation. Is the smallest figure since January of 2014.2015-05-21T14:57:21.94
Jobless Claims at 4-Week High,Initial Jobless Claims,"Jobless Claims at 4-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits was 274,000 in the week ended May 16th, an increase of 10,000 from the previous week’s unrevised level. The four-week moving average fell further to a fresh 2000 low.2015-05-21T13:47:03.947"
Fed June Rate Rise Is Unlikely,Interest Rate,"Fed June Rate Rise Is UnlikelyUnited States Interest RateSome Fed officials believed it would be too early to raise interest rates in June even though a first quarter economic slowdown was unlikely to persist, minutes of the meeting held last month showed.2015-05-20T19:32:17.28"
Housing Starts Surge to 7-1/2-Year High,Housing Starts,"Housing Starts Surge to 7-1/2-Year HighUnited States Housing StartsPrivately-owned housing starts jumped 20.2 percent to a seasonally adjusted annual rate of 1,135,000 in April. It is the highest rate since November of 2007 as starts for single-family homes reached a nearly seven-year high.2015-05-19T13:51:14.413"
US Consumer Sentiment at 7-Month Low,Consumer Confidence,"US Consumer Sentiment at 7-Month LowUnited States Consumer ConfidenceThe University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 88.6 in May, down from 95.9 in April and well below market expectations. Both current and future expectations declined while the inflation outlook rose.2015-05-15T15:11:42.553"
US Industrial Production Disappoints,Industrial Production Mom,"US Industrial Production DisappointsUnited States Industrial Production MomIndustrial output fell 0.3 percent in April from the previous month, well below market forecasts and marking the fifth consecutive monthly loss. Manufacturing showed no growth while mining and utilities contracted. 2015-05-15T14:25:36.637"
Jobless Claims Fall Slightly,Initial Jobless Claims,"Jobless Claims Fall SlightlyUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits was 264 thousand in the week ended May 9th, a decrease of 1,000 from the previous week’s unrevised level. The four-week moving average was the lowest since 2000.2015-05-14T13:40:22.25"
US Retail Sales Disappoint,Retail Sales Mom,"US Retail Sales DisappointUnited States Retail Sales MomRetail sales in the United States were flat in April, following an upwardly revised 1.1 percent rise in March driven mostly by a fall in autos and gasoline sales.2015-05-13T14:58:20.85"
US Budget Surplus Biggest in 7-Years,Government Budget Value,"US Budget Surplus Biggest in 7-YearsUnited States Government Budget ValueThe U.S. budget surplus was $157 billion at the end of April, up 46.7 percent from a $107 billion surplus a year earlier as tax receipts surged.2015-05-12T22:53:54.81"
US Unemployment Rate Lowest Since May 2008,Unemployment Rate,US Unemployment Rate Lowest Since May 2008United States Unemployment RateThe jobless rate fell to 5.4 percent in April from 5.5 percent in the previous two months and the number of unemployed persons edged down to 8.5 million.2015-05-08T13:57:33.89
US Economy Adds 223K Jobs In April,Non Farm Payrolls,"US Economy Adds 223K Jobs In AprilUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 223,000 in April, bouncing back after an unexpectedly weak report in March and matching market expectations. The unemployment rate dropped to 5.4 percent, the lowest since May 2008.2015-05-08T13:46:48.65"
Jobless Claims Edged Up in Latest Week,Initial Jobless Claims,"Jobless Claims Edged Up in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits was 265 thousand in the week ended May 2nd, an increase of 3,000 from the previous week's 15-year low. Yet, continuing claims fell to the lowest since late 2000.2015-05-07T13:40:59.213"
US Services Sector Growth Tops Forecasts,Non Manufacturing Pmi,"US Services Sector Growth Tops Forecasts United States Non Manufacturing PmiThe ISM non-manufacturing PMI index increased to 57.8 percent in April from 56.5 percent in March, the highest in five months, boosted by a surge in business activity.2015-05-05T15:09:25.04"
US Trade Deficit at 6-1/2-Year High,Balance Of Trade,"US Trade Deficit at 6-1/2-Year HighUnited States Balance Of TradeThe goods and services deficit widened to USD 51.4 billion in March from a revised USD 35.9 billion in February. It is the highest shortfall since October of 2008, as the end of a dispute at the West Coast ports lead to a surge in imports.2015-05-05T13:48:47.43"
US Manufacturing Growth Lowest in 2-Years in April,Business Confidence,"US Manufacturing Growth Lowest in 2-Years in AprilUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity was 51.5 in April, matching the March reading, which had been the lowest since May 2013.
2015-05-01T15:33:58.223"
US Factory Activity Growth Slows in April,Manufacturing Pmi,"US Factory Activity Growth Slows in AprilUnited States Manufacturing PmiThe final Markit US Manufacturing PMI came in at 54.1 in April, slightly lower than preliminary reading of 54.2 and below 54.7 registered in March. 2015-05-01T14:58:01.46"
US Personal Spending Picks Up in March,Personal Spending,"US Personal Spending Picks Up in MarchUnited States Personal SpendingPersonal consumption rose 0.4 percent in March, after expanding 0.2 percent in February. It is the biggest increase in four months, yet below market expectations of 0.5 percent growth. 2015-04-30T14:10:23.67"
US Jobless Claims Lowest in 15 Years,Initial Jobless Claims,"US Jobless Claims Lowest in 15 YearsUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits was 262 thousand in the week ended April 25th, a decrease of 34,000 from the previous week's level. This is the lowest level for initial claims since April 15, 2000 when it was 259 thousand.2015-04-30T13:41:26.903"
Fed Pushes Back Expectations of Rate Hike,Interest Rate,"Fed Pushes Back Expectations of Rate HikeUnited States Interest RateThe US recovery has lost momentum during the winter months and the pace of hiring has moderated, the Federal Reserve said in a statement released on April 29th,  reinforcing expectations that rates would be kept near zero at next meeting in June or longer.
2015-04-29T19:14:59.537"
US Economy Expands Only 0.2% in Q1,Gdp Growth Rate,"US Economy Expands Only 0.2% in Q1United States Gdp Growth RateThe United States economy grew at an annual rate of 0.2 percent in the first quarter of 2015, according to the ""advance"" estimate. It was the weakest expansion since the first quarter of 2014 as business investment and exports slumped and consumption grew at a slower pace.2015-04-29T14:13:23.747"
Durable Goods Orders Rebound in March,Durable Goods Orders,"Durable Goods Orders Rebound in MarchUnited States Durable Goods OrdersNew orders for US manufactured goods rose 4 percent in March, rebounding from a 1.4 percent fall in February. Excluding transportation, orders dropped 0.2 percent after a downwardly revised 1.3 percent decline in the previous month.2015-04-24T13:57:12.223"
New Home Sales Fall Sharply,New Home Sales,"New Home Sales Fall SharplyUnited States New Home SalesSales of new single-family houses in the US shrank 11.4 percent to a seasonally adjusted annual rate of 481,000 units in March. It is the lowest figure in four months.2015-04-23T15:11:34.317"
US Factory Activity Slows in April,Manufacturing Pmi,US Factory Activity Slows in AprilUnited States Manufacturing PmiThe Markit Flash U.S. Manufacturing PMI decreased to 54.2 in April from 55.7 in March as output and new business growth slowed down. 2015-04-23T15:04:23.62
Jobless Claims Up to 295K,Initial Jobless Claims,"Jobless Claims Up to 295KUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits was 295 thousand in the week ended April 18th, an increase of 1,000 from the previous week's level. It is the third consecutive rise and the highest figure in seven weeks.2015-04-23T13:51:37.5"
US Inflation Rate Back to Negative Territory,Inflation Rate,"US Inflation Rate Back to Negative TerritoryUnited States Inflation RateConsumer prices in the United States fell 0.1 percent year-on-year in March after being flat in February due to lower energy cost. Yet, core inflation edged up to 1.8 percent.2015-04-17T20:21:31.58"
US Consumer Sentiment at 3-Month High,Consumer Confidence,"US Consumer Sentiment at 3-Month HighUnited States Consumer ConfidenceThe University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 95.9 in April, up from 93 in March and above market expectations. Both current and future expectations increased while the inflation outlook slowed.2015-04-17T15:13:34.03"
Housing Starts Below Expectations,Housing Starts,"Housing Starts Below ExpectationsUnited States Housing StartsUS privately-owned housing rose 2 percent to a seasonally adjusted annual rate of 926,000 in March, rebounding from a revised 15.3 percent fall in February but below market forecasts. Building permits shrank 5.7 percent. 2015-04-16T13:55:40.133"
US Jobless Claims Rise to 5-Week High,Initial Jobless Claims,"US Jobless Claims Rise to 5-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits was 294 thousand for the week ended April 11th, an increase of 12,000 from the previous week's revised level.2015-04-16T13:42:27.873"
US Industrial Production Falls 0.6%,Industrial Production Mom,"US Industrial Production Falls 0.6%United States Industrial Production MomIndustrial output fell 0.6 percent mom in March, after increasing 0.1 percent in February. It is the lowest figure since August of 2012, due to a slump in mining and utilities.2015-04-15T14:25:23.997"
US Retail Sales Rebound in March,Retail Sales Mom,US Retail Sales Rebound in MarchUnited States Retail Sales MomU.S. retail sales rose 0.9 percent in March after declining in the last three months as consumers bought automobiles and other goods. It was the largest gain since March of 2014.2015-04-14T14:02:45.333
US Budget Deficit Widens in March,Government Budget Value,"US Budget Deficit Widens in MarchUnited States Government Budget ValueThe U.S. budget deficit was $52.9 billion at the end of March, down 43 percent compared with a $37 billion gap a year earlier as spending increased more than receipts.2015-04-13T19:41:40.48"
Jobless Claims Rise Less Than Expected,Initial Jobless Claims,"Jobless Claims Rise Less Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 14K to a seasonally adjusted 281K.  Yet, the four-week moving average and the continuing jobless claims were the lowest since 2000.2015-04-09T14:44:03.223"
US Services Sector Growth Slows,Non Manufacturing Pmi,"US Services Sector Growth SlowsUnited States Non Manufacturing PmiThe ISM non-manufacturing PMI index decreased to 56.5 percent in March from 56.9 percent in February, the lowest in three months. While export orders increased to a two-year high, business activity fell to its lowest in a year.2015-04-06T15:10:57.297"
US Unemployment Rate Steady at 5.5%,Unemployment Rate,"US Unemployment Rate Steady at 5.5%United States Unemployment RateThe jobless rate held at 5.5 percent in March, the same as in February and the lowest in nearly 7 years. The number of unemployed persons was little changed at 8.6 million.2015-04-03T13:40:37.293"
US Economy Adds Only 126K Jobs in March,Non Farm Payrolls,"US Economy Adds Only 126K Jobs in MarchUnited States Non Farm PayrollsUS nonfarm payrolls increased by 126,000 last month after a downwardly revised 264,000 rise in February, the smallest gain since December of 2013. Meanwhile, the jobless rate remained unchanged at 5.5 percent. 2015-04-03T13:39:56.51"
US Trade Deficit Lowest Since October 2009,Balance Of Trade,"US Trade Deficit Lowest Since October 2009United States Balance Of TradeUS trade gap narrowed 17 percent to $35.44 billion in February, from a revised $42.68 billion in January as a dispute at one of the country's main ports depressed both imports and exports.. 2015-04-02T13:52:42.913"
Jobless Claims at 9-Week Low,Initial Jobless Claims,"Jobless Claims at 9-Week LowUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 20,000 to a seasonally adjusted 268,000 in latest week while the number of people continuing to receive jobless benefits touched the lowest since 2000.2015-04-02T13:40:17.617"
US Manufacturing Growth At 22-Month Low,Business Confidence,"US Manufacturing Growth At 22-Month LowUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity declined for the fifth straight month to 51.5 in March from 52.9 in February. The new orders, production and employment subindexes fell while the prices gauge increased. 2015-04-01T15:13:36.123"
US Factory Activity Confirmed at 5-Month High,Manufacturing Pmi,"US Factory Activity Confirmed at 5-Month HighUnited States Manufacturing PmiThe final Markit US Manufacturing PMI came in at 55.7 in March, up from a preliminary 55.3 and 55.1 in February, driven by higher output and employment.2015-04-01T14:56:50.937"
US Personal Spending Rebounds,Personal Spending,"US Personal Spending ReboundsUnited States Personal SpendingPersonal spending edged up 0.1 percent in February, following a 0.2 percent drop in January. Personal income increased 0.4 percent. 2015-03-30T13:46:31.37"
US Consumer Sentiment Above Forecasts in March,Consumer Confidence,"US Consumer Sentiment Above Forecasts in MarchUnited States Consumer ConfidenceThe University of Michigan's final reading on the overall index of consumer sentiment came in at 93 in March, higher than a preliminary reading of 91.2 but below 95.4 reported in February. 2015-03-27T14:15:45.827"
US Economy Expands 2.2% in Q4,Gdp Growth Rate,"US Economy Expands 2.2% in Q4United States Gdp Growth RateThe United States economy advanced an annualized 2.2 percent in the fourth quarter of 2014, unrevised from last month's estimate. While increases in exports and in personal consumption expenditures were larger than previously estimated, the change in private inventories was smaller.2015-03-27T12:40:22.207"
Jobless Claims Lowest in 5-Weeks,Initial Jobless Claims,"Jobless Claims Lowest in 5-WeeksUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 9,000 to a seasonally adjusted 282,000 in latest week while the number of people continuing to receive jobless benefits dropped by 6,000 to 2.42 million in the week ended March 14th.2015-03-26T12:44:22.99"
Durable Goods Orders Disappoint in February,Durable Goods Orders,"Durable Goods Orders Disappoint in FebruaryUnited States Durable Goods OrdersOrders for US capital goods unexpectedly fell 1.4 percent in February, compared to downwardly revised 2 percent growth in January. Excluding transportation, orders dropped 0.4 percent after a 0.7 percent decline in the previous month. 2015-03-25T12:53:56.41"
US New Home Sales At 7-Year High,New Home Sales,"US New Home Sales At 7-Year HighUnited States New Home SalesNew U.S. single-family home sales surged 7.8 percent to a seasonally adjusted annual rate of 539,000 units, the highest level since February 2008.2015-03-24T14:15:12.333"
US Factory Activity At 5-Month High,Manufacturing Pmi,"US Factory Activity At 5-Month HighUnited States Manufacturing PmiThe Markit flash U.S. manufacturing PMI rose to 55.3 in March from 55.1 reported in February. It is the  highest reading since October, when the final PMI was 55.9.2015-03-24T13:51:58.967"
US Inflation Rate at 0% in February,Inflation Rate,"US Inflation Rate at 0% in FebruaryUnited States Inflation RateUS consumer prices were unchanged in the year to February 2015, after dropping 0.1 percent in January as decline in energy index was offset by a higher cost of food, shelter and medical care. 2015-03-24T12:51:23.473"
Jobless Claims Rise Slightly,Initial Jobless Claims,"Jobless Claims Rise SlightlyUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased marginally by 1,000 to a seasonally adjusted 291,000 in latest week. In contrast, continuing claims fell to a 3-week low the week before.2015-03-19T12:43:05.76"
Fed Signals Slower Pace of Rises,Interest Rate,Fed Signals Slower Pace of RisesUnited States Interest RateThe Federal Reserve kept the interest rate at 0.25 percent during the meeting held on March 18th but dropped the pledge to be patient on rate rise thus opening the possibility of higher borrowing costs as early as June.2015-03-18T18:15:46.363
Housing Starts Tumble in February,Housing Starts,"Housing Starts Tumble in FebruaryUnited States Housing StartsUS privately-owned housing starts fell 17 percent to a seasonally adjusted annual rate of 897,000 in February. Is it the lowest figure since January last year as cold weather hurt groundbreaking mainly in the Northeast and the Midwest. 2015-03-17T12:48:48.53"
US Industrial Production Disappoints In February,Industrial Production Mom,"US Industrial Production Disappoints In FebruaryUnited States Industrial Production MomIndustrial output in the United States edged up only 0.1 percent in February, following a revised 0.3 percent drop in the previous month. Higher demand for heating boosted utilities while manufacturing fell for the third straight month due to lower automobile production. 2015-03-16T13:52:51.72"
US Consumer Sentiment at 4-Month Low,Consumer Confidence,"US Consumer Sentiment at 4-Month LowUnited States Consumer ConfidenceThe University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 91.2 in March, down from 95.4 in February and well below market expectations. The consumer sentiment fell for the second month as current and future expectations both declined.2015-03-13T14:19:39.273"
US Budget Deficit Narrows Slightly in February,Government Budget Value,"US Budget Deficit Narrows Slightly in FebruaryUnited States Government Budget ValueThe U.S. budget gap decreased 1 percent year-on-year to $192 billion in February of 2015, due to lower spending for refundable tax credits, interest on public debt and military activities. 2015-03-12T18:24:16.603"
US Retail Sales Decline For Third Straight Month,Retail Sales Mom,"US Retail Sales Decline For Third Straight MonthUnited States Retail Sales MomSales in U.S. retail and food stores unexpectedly decreased 0.6 percent from the previous month, following a 0.8 percent drop in January as cold weather kept consumers from shopping malls and car dealers. 2015-03-12T13:04:29.117"
Jobless Claims Fall in Latest Week,Initial Jobless Claims,"Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsIn the week ending March 7, the advance figure for seasonally adjusted initial claims was 289,000, a decrease of 36,000 from the previous week's revised level. 2015-03-12T12:40:59.79"
US Trade Deficit Narrows in January,Balance Of Trade,"US Trade Deficit Narrows in JanuaryUnited States Balance Of TradeUS trade gap declined 8.3 percent to $41.8 billion in January, from a revised $45.6 billion in December as imports decreased more than exports.2015-03-06T14:41:28.58"
US Unemployment Rate Down to Nearly 7-Year Low,Unemployment Rate,US Unemployment Rate Down to Nearly 7-Year LowUnited States Unemployment RateThe jobless rate decreased to 5.5 percent in February from 5.7 percent in the previous month. It is the lowest figure since May of 2008 as the number of unemployed persons went down. 2015-03-06T13:42:01.307
US Economy Adds 295K Jobs in February,Non Farm Payrolls,"US Economy Adds 295K Jobs in FebruaryUnited States Non Farm PayrollsUS nonfarm payrolls increased by 295,000 last month after a downwardly revised 239,000 rise in January. Meanwhile, the jobless rate edged down to 5.5 percent from 5.7 percent.2015-03-06T13:41:26.763"
Jobless Claims at 9-Month High,Initial Jobless Claims,"Jobless Claims at 9-Month HighUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased for the second straight week by 7,000 to a seasonally adjusted 320,000 in the week ending February 28th. It is the highest figure since the week ended May 17th, 2014.2015-03-05T13:41:07.31"
US Services Sector Growth at 3-Month High,Non Manufacturing Pmi,US Services Sector Growth at 3-Month HighUnited States Non Manufacturing PmiThe ISM non-manufacturing PMI index increased to 56.9 percent in February from 56.7 percent in the previous month. A rise in employment and prices gauge was enough to offset a drop in business activity and new orders.2015-03-04T15:11:33.827
US Manufacturing Activity at 13-Month Low,Business Confidence,"US Manufacturing Activity at 13-Month LowUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity declined for the fourth straight month to 52.9 in February from 53.5 in January. The new orders, production and employment subindexes fell while the prices gauge was unchanged.2015-03-02T18:14:41.543"
US Markit Manufacturing PMI at 4-Month High,Manufacturing Pmi,"US Markit Manufacturing PMI at 4-Month High United States Manufacturing PmiThe final Markit U.S. manufacturing PMI registered 55.1 in February, up from a preliminary 54.3 and a final 53.9 in January. Output and new orders increased sharply and delays in the delivery of items contributed to an accumulation of backlogs of work and a record increase in finished goods stocks.2015-03-02T14:59:16.397"
US Personal Spending Disappoints,Personal Spending,"US Personal Spending DisappointsUnited States Personal SpendingPersonal spending shrank for the second consecutive month by 0.2 percent in January, following a 0.3 percent fall in the previous month. Personal income rose 0.3 percent.2015-03-02T13:49:23.043"
US Consumer Sentiment Falls From 11-Year High in February,Consumer Confidence,"US Consumer Sentiment Falls From 11-Year High in FebruaryUnited States Consumer ConfidenceThe University of Michigan's final reading on the overall index of consumer sentiment came in at 95.4 in February, much higher than a preliminary reading of 93.6.  It was the first decrease in seven months reflecting bad weather and uptick in fuel cost.2015-02-27T15:15:11.18"
US GDP Growth Revised Down to 2.2%,Gdp Growth Rate,"US GDP Growth Revised Down to 2.2%United States Gdp Growth RateThe United States economy advanced an annualized 2.2 percent in the fourth quarter of 2014, according to the second estimate released by the Bureau of Economic Analysis. The new figure comes below a 2.6 percent advance estimate, due to lower fixed investment and higher imports.2015-02-27T13:41:58.753"
US Inflation Rate Turns Negative,Inflation Rate,"US Inflation Rate Turns NegativeUnited States Inflation RateConsumer prices in the US dropped 0.1 percent year-on-year in January, the lowest rate since late 2009. On a monthly basis, prices went down 0.7 percent due to falling gasoline cost.2015-02-26T13:48:15.91"
Durable Goods Orders Recover in January,Durable Goods Orders,"Durable Goods Orders Recover in JanuaryUnited States Durable Goods OrdersOrders for US capital goods grew by 2.8 percent in January, following a downwardly revised 3.7 percent fall in December. Excluding transportation, orders increased 0.3 percent after a 0.9 percent decline in the previous month.2015-02-26T13:42:57.163"
Jobless Claims Rise to 5-Week High,Initial Jobless Claims,"Jobless Claims Rise to 5-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 31,000 to a seasonally adjusted 313,000 in the week ending February 21st. 2015-02-26T13:37:31.347"
US New Home Sales Beat Expectations,New Home Sales,"US New Home Sales Beat ExpectationsUnited States New Home SalesSales of new single-family houses were recorded at a seasonally adjusted annual rate of 481,000 in January, much better than market forecasts. Although sales edged down 0.2 percent from a revised 482,000 in December, supply increased to its highest since 2010. 2015-02-25T15:15:31.117"
Fed Flexible with Time of Rates Hike,Interest Rate,"Fed Flexible with Time of Rates HikeUnited States Interest RateFederal Reserve is prepared to consider interest rate hikes on a meeting by meeting basis, if economic conditions continue to improve, Chair Janet Yellen said in a testimony before the Senate Banking Committee. 2015-02-24T16:29:53.6"
US Factory Activity Beats Expectations,Manufacturing Pmi,"US Factory Activity Beats ExpectationsUnited States Manufacturing PmiThe Markit flash U.S. manufacturing PMI rose to 54.3 in February from 53.9 reported in January and December. While production levels increased at fastest pace in four months, new business and employment slowed.2015-02-20T15:19:54.583"
Jobless Claims Fall More Than Expected,Initial Jobless Claims,"Jobless Claims Fall More Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits declined by 21,000 to a seasonally adjusted 283,000 in the week ending February 14th, pointing that the recovery in the labor market was gathering stream. 
2015-02-19T14:19:16.967"
Fed Worried About Hiking Rates Too Soon,Interest Rate,"Fed Worried About Hiking Rates Too Soon United States Interest RateFederal Reserve policymakers expressed concern that raising interest rates too soon could hamper U.S. economic recovery and were debating changes to policy tools when the rates would be increased, the January FOMC minutes showed.
2015-02-18T19:40:19.897"
US Industrial Production Edges Up 0.2%,Industrial Production Mom,US Industrial Production Edges Up 0.2%United States Industrial Production MomIndustrial output in the United States increased 0.2 percent in January after falling 0.3 percent in December. While manufacturing sector rose a meager 0.2 percent and utilities went up by 2.3 percent; mining shrank 1 percent due to lower output in oil and gas industries.2015-02-18T14:50:17.42
Housing Starts Fall in January,Housing Starts,"Housing Starts Fall in JanuaryUnited States Housing StartsUS privately-owned housing starts shrank 2 percent to a seasonally adjusted annual rate of 1,065,000 in January. Single family home starts dropped 6.7 percent, offsetting a 12.1 percent gain in the multi-family segment.2015-02-18T13:48:47.393"
US Consumer Confidence Disappoints in February,Consumer Confidence,US Consumer Confidence Disappoints in FebruaryUnited States Consumer ConfidenceThe University of Michigan's preliminary reading on the overall index of consumer sentiment declined to 93.6 in February from an 11 year high of 98.1 reported in January.2015-02-13T17:20:07.363
US Retail Sales Drop 0.8% In January,Retail Sales Mom,"US Retail Sales Drop 0.8% In JanuaryUnited States Retail Sales MomSales in U.S. retail and food stores decreased 0.8 percent from the previous month, following a 0.9 percent drop in December as receipts at car dealers, gasoline stations and clothing stores were smaller.2015-02-12T19:13:34.53"
Jobless Claims at 3-Week High,Initial Jobless Claims,"Jobless Claims at 3-Week HighUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 25,000 to a seasonally adjusted 304,000 in the week ending February 7th, above market forecasts. 2015-02-12T13:41:12.693"
U.S. Budget Deficit Widens in January,Government Budget Value,"U.S. Budget Deficit Widens in JanuaryUnited States Government Budget ValueThe U.S. budget gap increased to $17.5 billion in January of 2015 from $10.3 billion a year earlier as the government spend more on health care services for low-income Americans.
2015-02-11T19:19:04.203"
US Job Growth Beats Estimates in January,Non Farm Payrolls,"US Job Growth Beats Estimates in JanuaryUnited States Non Farm PayrollsUS nonfarm payrolls increased by 257,000 last month after a upwardly revised 329,000 rise in December. Meanwhile, the jobless rate edged up to 5.7 percent from 5.6 percent as more unemployed started looking for work.2015-02-06T13:56:37.627"
US Unemployment Rate Edges Up to 5.7%,Unemployment Rate,US Unemployment Rate Edges Up to 5.7%United States Unemployment RateUS jobless rate increased to 5.7 percent in January of 2015 from 5.6 percent in the previous month as more unemployed started looking for work.2015-02-06T13:54:12.6
US Trade Gap Largest Since November of 2012,Balance Of Trade,US Trade Gap Largest Since November of 2012United States Balance Of TradeUS trade deficit widened to $46.6 billion in December from $39.8 billion in November as exports was down 0.8 percent and imports grew 2.2 percent. 2015-02-05T13:52:26.04
Jobless Claims Rise in Latest Week,Initial Jobless Claims,"Jobless Claims Rise in Latest Week United States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 11,000 to a seasonally adjusted 278,000 in the week ending January 31st. There were no special factors impacting this week's initial claims.
2015-02-05T13:38:36.917"
US Services Sector Growth Edges Up in January,Non Manufacturing Pmi,"US Services Sector Growth Edges Up in JanuaryUnited States Non Manufacturing PmiThe ISM non-manufacturing PMI index increased to 56.7 percent in January from 56.5 percent in December. While the business activity and new orders gauge improved, employment and prices subindexes declined.2015-02-04T15:20:30.05"
US Manufacturing Growth Weakest in a Year,Business Confidence,"US Manufacturing Growth Weakest in a YearUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity declined to 53.5 in January from 55.1 a month before. All four major subindexes: new orders, production, employment and prices decreased. 2015-02-02T15:13:22.623"
US Markit Manufacturing PMI Unchanged in January,Manufacturing Pmi,"US Markit Manufacturing PMI Unchanged in JanuaryUnited States Manufacturing PmiThe Markit final U.S. manufacturing PMI registered 53.9 in January, slightly up from a preliminary 53.7 and unchanged from December. Output growth rebounded but new orders slowed and input prices dropped for the first time in two-and-a-half years. 2015-02-02T14:53:59.807"
US Personal Spending Falls the Most in 5 Years,Personal Spending,"US Personal Spending Falls the Most in 5 YearsUnited States Personal SpendingPersonal spending dropped more than expected by 0.3 percent in December, following a downwardly revised 0.5 percent rise in the previous month.2015-02-02T14:05:08.42"
US Consumer Sentiment The Highest Since January 2004,Consumer Confidence,"US Consumer Sentiment The Highest Since January 2004United States Consumer ConfidenceThe Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 98.1 in January, marginally unchanged from a preliminary reading of 98.1. It is the highest number in eleven years as steady job and wage gains boosted current expectations. 2015-01-30T15:43:20.72"
US GDP Growth Slows in Q4,Gdp Growth Rate,"US GDP Growth Slows in Q4United States Gdp Growth RateThe United States economy expanded at an annual rate of 2.6 percent in the fourth quarter of 2014, according to the ""advance"" estimate. Fastest pace of consumer spending since 2006 was not enough to offset weak business spending and a wider trade deficit.2015-01-30T13:47:36.023"
ISM Non-Manufacturing PMI Revised Up,Non Manufacturing Pmi,ISM Non-Manufacturing PMI Revised UpUnited States Non Manufacturing PmiThe Institute for Supply Management non-manufacturing PMI index was revised to 56.5 percent in December from 56.2 percent previously reported. Revisions have to do with adjustments to seasonal factors that are made on an annual basis.2015-01-29T17:46:52.85
ISM Manufacturing PMI Revised Down,Business Confidence,ISM Manufacturing PMI Revised DownUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity was revised to 55.1 percent in December from 55.5 percent previously reported. Revisions have to do with adjustments to seasonal factors that are made on an annual basis.2015-01-29T17:31:50.927
Jobless Claims Fall to Nearly 15-Year Low,Initial Jobless Claims,"Jobless Claims Fall to Nearly 15-Year LowUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 43,000 to a seasonally adjusted 265,000 in the week ending January 24th. This is the lowest level for initial claims since April 15, 2000 when it was 259,000.2015-01-29T13:39:49.563"
Fed to Remain Patient in Hiking Rates,Interest Rate,Fed to Remain Patient in Hiking RatesUnited States Interest RateThe Federal Reserve on January 28th repeated that it will remain "patient" in deciding when to raise interest rates. The policymakers also boosted its assessment of the economy and labor market despite lower inflation expectations and turmoil in other markets around the world.2015-01-28T19:09:33.567
New Home Sales at 6-1/2-Year High,New Home Sales,"New Home Sales at 6-1/2-Year HighUnited States New Home SalesSales of new single-family houses were recorded at a seasonally adjusted annual rate of 481,000 in December, up 11.6 percent from a revised 431,000 in November. It is the highest figure since June of 2008 as sales in Northeast region surged 53.6 percent. 2015-01-27T15:28:25.767"
Durable Goods Orders Disappoint in December,Durable Goods Orders,"Durable Goods Orders Disappoint in DecemberUnited States Durable Goods OrdersOrders for US capital goods shrank by 3.4 percent in December, following a downwardly revised 2.1 percent fall in November. Excluding transportation, orders were down 0.8 percent after a 1.3 percent decline in the previous month.2015-01-27T14:02:21.29"
US Manufacturing Activity At 1-Year Low,Manufacturing Pmi,"US Manufacturing Activity At 1-Year LowUnited States Manufacturing PmiThe Markit flash U.S. manufacturing PMI registered 53.7 in January, down from 53.9 in December. It is the lowest figure since January of  2014 as new business growth slowed and there were fewer new orders.2015-01-23T15:14:03.81"
Jobless Claims Down to 307K in the Latest Week,Initial Jobless Claims,"Jobless Claims Down to 307K in the Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 10,000 to a seasonally adjusted 307,000 in the week ending January 17th. The previous week’s level was revised to 317,000. 2015-01-22T13:37:30.37"
Housing Starts Rise More Than Expected,Housing Starts,"Housing Starts Rise More Than ExpectedUnited States Housing StartsUS privately-owned housing starts rose 4.4 percent to a seasonally adjusted annual rate of 1,089,000 in December. It is the strongest figure since July as single-family homes starts hit the highest level in more than six years. 2015-01-21T13:57:59.81"
US Consumer Sentiment At 11-Year High,Consumer Confidence,US Consumer Sentiment At 11-Year High United States Consumer ConfidenceThe Thomson Reuters/University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 98.2 in January. It is the highest figure since January of 2004 as lower gasoline prices and steady job gains improved consumer's current and future expectations.2015-01-16T15:24:17.237
US Industrial Production Down 0.1%,Industrial Production Mom,"US Industrial Production Down 0.1%United States Industrial Production MomIndustrial output decreased 0.1 percent in December after rising 1.3 percent in the previous month, due to a sharp drop in the output of utilities, as warmer-than-usual temperatures reduced demand for heating. Excluding utilities, industrial production rose 0.7 percent. 2015-01-16T14:27:37.343"
US Inflation Rate At 5-Year Low,Inflation Rate,"US Inflation Rate At 5-Year LowUnited States Inflation RateUS annual inflation rate slowed to 0.8 percent in December from 1.3 percent in the previous month. It is the lowest figure since October of 2009 as cost of energy plunged. On a monthly basis, consumer prices dropped 0.4 percent, the biggest decline in six years.2015-01-16T14:12:24.973"
Jobless Claims at 18-Week High,Initial Jobless Claims,"Jobless Claims at 18-Week High United States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 19,000 to a seasonally adjusted 316,000 in the week ending January 10th. The previous week’s level was revised to 297,000.2015-01-15T13:43:19.347"
US Retail Sales Disappoint in December,Retail Sales Mom,"US Retail Sales Disappoint in DecemberUnited States Retail Sales MomRetail sales shrank 0.9 percent in December, following a 0.4 percent gain in the previous month that was smaller than previously estimated. It is the biggest drop since January as demand fell for nine of thirteen major categories.2015-01-14T14:51:36.38"
US Reports $2 billion Budget Surplus in December,Government Budget Value,"US Reports $2 billion Budget Surplus in DecemberUnited States Government Budget ValueThe U.S. budget surplus was $1867 million at the end of December, down 96 percent from the same period last year as spending surged 44 percent. 2015-01-13T19:16:38.593"
US Unemployment Rate at 6-1/2-Year Low,Unemployment Rate,"US Unemployment Rate at 6-1/2-Year LowUnited States Unemployment RateUS jobless rate declined by 0.2 percentage point to 5.6 percent in December, the lowest since June of 2008. The number of unemployed persons decreased by 383,000 to 8.7 million. 2015-01-09T13:54:10.07"
US Adds 252K Jobs in December,Non Farm Payrolls,"US Adds 252K Jobs in DecemberUnited States Non Farm PayrollsUS nonfarm payrolls increased 252,000 last month after a revised 353,000 jump in November, while the unemployment rate fell to 5.6 percent from 5.8 percent.2015-01-09T13:49:24.76"
Jobless Claims Fall in Latest Week,Initial Jobless Claims,"Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits decreased by 4,000 to a seasonally adjusted 294,000 in the week ending January 3rd. The previous week’s level was unrevised at 298,000. 2015-01-08T13:43:32.72"
Fed Unlikely to Raise Rates Before April,Interest Rate,"Fed Unlikely to Raise Rates Before AprilUnited States Interest RateFed policymakers agreed that interest rates are unlikely to rise for at least the next couple of meetings, minutes from FOMC last meeting showed. While the timing of the first rate hike depends on the strength of economic data, the panel said it will be “patient” to begin the normalization process. 
2015-01-07T19:50:44.27"
US Trade Deficit at 11-Month Low,Balance Of Trade,US Trade Deficit at 11-Month LowUnited States Balance Of TradeThe US trade gap decreased to USD 39 billion in November of 2014 from a revised USD 42.3 billion in the previous month. It is the lowest trade deficit since December of 2013 supported by a fall in crude oil imports.2015-01-07T15:51:23.43
US Service Sector Slows to 6-Month Low,Non Manufacturing Pmi,"US Service Sector Slows to 6-Month LowUnited States Non Manufacturing PmiThe ISM non-manufacturing PMI index decreased to 56.2 percent in December from 59.3 in November. It is the lowest figure since June, as business activity, new orders, employment and prices fell.2015-01-06T15:16:00.07"
US Manufacturing Growth At 6-Month Low in December,Business Confidence,"US Manufacturing Growth At 6-Month Low in DecemberUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity declined to 55.5 from 58.7 the month before. While new orders, production and prices subindexes decreased, the employment gauge improved. 2015-01-02T15:23:10.647"
US Factory Activity Slows In December,Manufacturing Pmi,"US Factory Activity Slows In DecemberUnited States Manufacturing PmiThe Markit final U.S. manufacturing PMI registered 53.9 in December, down from 54.8 in November and above flash reading of 53.7. The output subindex rose at the weakest pace in 11 months while new business growth remained solid. 2015-01-02T14:57:54.003"
Jobless Claims Rise More Than Expected,Initial Jobless Claims,"Jobless Claims Rise More Than ExpectedUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased by 17,000 to a seasonally adjusted 298,000 in the week ending December 27th. It is the highest number in 4 weeks. 2014-12-31T13:45:33.603"
Jobless Claims Fall to 280K,Initial Jobless Claims,"Jobless Claims Fall to 280KUnited States Initial Jobless ClaimsIn the week ending December 20th, 280 thousand Americans filed for unemployment benefits, a decrease of 9,000 from the previous week's unrevised level of 289 thousand. It is the lowest figure in seven weeks and the fourth consecutive fall.2014-12-24T13:40:25.927"
New Home Sales Fall to 438K,New Home Sales,"New Home Sales Fall to 438KUnited States New Home SalesSales of new single-family houses were recorded at a seasonally adjusted annual rate of 438,000 in November, down 1.6 percent from a revised 445,000 in October.  It is the second consecutive fall and the lowest figure in four months.2014-12-23T15:34:21.59"
US Consumer Sentiment Confirmed at 8-Year High,Consumer Confidence,"US Consumer Sentiment Confirmed at 8-Year HighUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 93.6 in December, slightly down from a preliminary reading of 93.8 but up from 88.8 in November. It is the highest reading in nearly eight years as lower gasoline prices drove expectations up.2014-12-23T15:33:27.71"
US Personal Spending Rises The Most in 7 Months,Personal Spending,US Personal Spending Rises The Most in 7 MonthsUnited States Personal SpendingConsumer spending increased more than forecast in November as personal income grew and gasoline prices dropped.2014-12-23T15:33:14.63
Durable Goods Orders Down 0.7% in November,Durable Goods Orders,"Durable Goods Orders Down 0.7% in NovemberUnited States Durable Goods OrdersNew orders for manufactured durable goods unexpectedly decreased 0.7 percent in November, following a 0.3 percent increase in November. It was a third decline in the last four months led by 1.2 percent drop in transportation equipment. 2014-12-23T14:29:34.53"
US GDP Growth at 11-Year High,Gdp Growth Rate,"US GDP Growth at 11-Year HighUnited States Gdp Growth RateThe United States economy advanced an annualized 5.0 percent in the third quarter of 2014, according to final figures from the Bureau of Economic Analysis, beating previous estimates and market expectations. It is the highest pace since the third quarter of 2003, reflecting an upturn in consumer spending and investment and a downturn in imports. 2014-12-23T13:49:02.023"
Jobless Claims at 6-Week Low,Initial Jobless Claims,"Jobless Claims at 6-Week LowUnited States Initial Jobless ClaimsIn the week ending December 13th, 289 thousand Americans filed for unemployment benefits, a decrease of 6,000 from the previous week's revised level of 295 thousand. It is the lowest figure in six weeks and the third consecutive fall.2014-12-18T13:59:05.523"
Jobless Claims At the Lowest Level in Six Weeks,Initial Jobless Claims,"Jobless Claims At the Lowest Level in Six WeeksUnited States Initial Jobless ClaimsIn the week ending November 29th, 297 Thousand Americans filed for unemployment benefits, a decrease of 17,000 from the previous week's revised level of 314 thousand. 2014-12-18T13:41:57.813"
Fed May Hike Rates By the Middle of 2015,Interest Rate,Fed May Hike Rates By the Middle of 2015United States Interest RateThe Federal Reserve on Wednesday dropped a pledge to keep interest rates near zero for a "considerable time" sending a signal that it was on track to raise the borrowing cost sometime next year.2014-12-17T19:18:05.303
US Inflation Rate Slows to 1.3%,Inflation Rate,"US Inflation Rate Slows to 1.3%United States Inflation RateUS annual inflation rate eased to 1.3 percent in November from 1.7 percent in the previous three months due to a fall in energy cost. On a monthly basis, consumer prices decreased 0.3 percent, the biggest decline in six years.2014-12-17T14:23:31.303"
US Factory Activity at 11-Month Low,Manufacturing Pmi,"US Factory Activity at 11-Month LowUnited States Manufacturing PmiThe Markit flash U.S. manufacturing PMI registered 53.7 in December, down from 54.8 in November. The output subindex slowed for the fourth consecutive month while employment gauge was the lowest in five months. 2014-12-16T17:58:36.45"
US Housing Starts Fell in November,Housing Starts,"US Housing Starts Fell in NovemberUnited States Housing StartsHousing starts shrank 1.6 percent in November, following a revised 1.7 percent rise in October, dragged down by a 5.4 percent drop in single-family homes. Building permits fell at a faster 5.2 percent.2014-12-16T17:47:09.287"
US Industrial Production Surges,Industrial Production Mom,"US Industrial Production SurgesUnited States Industrial Production MomIndustrial output in the United States rose 1.3 percent in November, following a revised 0.1 percent increase in October. It is the highest growth in more than four years supported by gains in manufacturing and utilities’ production. 2014-12-15T14:49:37.517"
US Consumer Sentiment Up to 8-Year High,Consumer Confidence,"US Consumer Sentiment Up to 8-Year HighUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 93.8 in December. It is the highest figure since January of 2007 as lower gasoline prices improved consumer current and future expectations.
2014-12-12T15:10:32.277"
US Retail Sales Beat Expectations,Retail Sales Mom,"US Retail Sales Beat ExpectationsUnited States Retail Sales MomRetail sales increased 0.7 percent in November, following a revised 0.5 percent rise in the previous month. It is the highest gain since March, as the holiday shopping boosted food, auto and clothing sales.2014-12-11T13:53:28.27"
US Jobless Claims Decrease Slightly,Continuing Jobless Claims,"US Jobless Claims Decrease Slightly United States Continuing Jobless ClaimsThe number of Americans filing new claims for unemployment benefits fell to 294 thousand for the week ended December 6th, pointing to a strengthening labor market.2014-12-11T13:43:48.997"
US Budget Deficit Narrows More Than Expected in November,Government Budget Value,US Budget Deficit Narrows More Than Expected in November United States Government Budget ValueThe United States budget deficit declined by 58 percent to $56.8 billion in November of 2014 as compared to a $182.5 billion gap a year earlier as  spending fell and receipts increased.  2014-12-10T19:29:40.343
US Trade Deficit Narrows in October,Balance Of Trade,US Trade Deficit Narrows in OctoberUnited States Balance Of TradeUS trade gap narrowed by 0.4 percent to $43.4 billion from the prior month’s revised $43.6 billion as exports and imports increased. 2014-12-05T13:56:17.357
US Jobs Growth Beats Expectations in November,Non Farm Payrolls,"US Jobs Growth Beats Expectations in NovemberUnited States Non Farm PayrollsTotal nonfarm payroll employment rose by 321,000 in November, compared with an average monthly gain of 224,000 over the prior 12 months. In November, job growth was widespread, led by gains in professional and business services, retail trade, health care, and manufacturing. 2014-12-05T13:46:26.767"
US Unemployment Rate Unchanged at 5.8% in November,Unemployment Rate,US Unemployment Rate Unchanged at 5.8% in NovemberUnited States Unemployment RateUS jobless rate remained stable at 5.8 percent in November and the number of unemployed persons was little changed at 9.1 million.2014-12-05T13:40:50.043
U.S. Service Sector Growth at 3-Month High,Non Manufacturing Pmi,"U.S. Service Sector Growth at 3-Month High United States Non Manufacturing PmiThe ISM non-manufacturing PMI index increased to 59.3 percent in November from 57.1 reported in October. While business activity, new orders  and prices paid components increased, employment and imports indexes fell. 2014-12-03T15:18:00.997"
US Factory Activity Slows Slightly in November,Business Confidence,"US Factory Activity Slows Slightly in NovemberUnited States Business ConfidenceThe Institute for Supply Management manufacturing PMI registered 58.7 percent in November, slightly down from 59 percent in October. While the gauge of new orders rose, the indexes for production, employment and prices fell. 2014-12-01T15:11:41.823"
US Markit Manufacturing PMI Down in November,Manufacturing Pmi,"US Markit Manufacturing PMI Down in NovemberUnited States Manufacturing PmiThe final Markit U.S. Manufacturing PMI registered 54.8 in November, slightly up from a flash reading of 54.7, but down from 55.9 in October. Factory activity slowed for the third consecutive month to the lowest figure in ten months, as new orders and output fell.2014-12-01T14:56:44.737"
US Consumer Sentiment Highest Since July of 2007,Consumer Confidence,"US Consumer Sentiment Highest Since July of 2007United States Consumer ConfidenceThe Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 88.8 in November, down from a preliminary reading of 89.4 but up from 86.9 in October. 2014-11-26T15:30:00.2"
New Home Sales Below Expectations,New Home Sales,"New Home Sales Below ExpectationsUnited States New Home SalesSales of new single-family houses in October were at a seasonally adjusted annual rate of 458,000, up from a downwardly revised 455,000 in the previous month, but missing market forecasts. The stock of new houses for sale rose 1.0 percent, the highest level since June of 2010.2014-11-26T15:28:43.477"
Personal Spending Rises 0.2% in October,Personal Spending,"Personal Spending Rises 0.2% in OctoberUnited States Personal SpendingConsumer spending in the US increased by 0.2 percent in October, the same pace as incomes.

2014-11-26T13:58:24.44"
Durable Goods Orders Up 0.4%,Durable Goods Orders,"Durable Goods Orders Up 0.4%United States Durable Goods OrdersNew orders for manufactured durable goods increased 0.4 percent in October, following a revised 0.9 percent drop in September. It is the first gain in three months driven by a 3.4 percent rise in transportation orders. 2014-11-26T13:54:31.837"
Jobless Claims At Almost Three-Month High,Initial Jobless Claims,"Jobless Claims At Almost Three-Month HighUnited States Initial Jobless ClaimsIn the week ending November 22nd, 313 Thousand American filed for unemployment benefits an increase of 21,000 from the previous week's revised level. 
2014-11-26T13:36:59.287"
US GDP Growth Revised Up to 3.9% in Q3,Gdp Growth Rate,"US GDP Growth Revised Up to 3.9% in Q3United States Gdp Growth RateThe United States economy advanced an annualized 3.9 percent in the third quarter of 2014, according to the second estimate released by the Bureau of Economic Analysis. The new figure comes better than an advance estimate of 3.5 percent, as consumer spending and investment contributed more to the growth. 2014-11-25T13:41:39.467"
US Markit Manufacturing PMI Down to 10-Month Low,Manufacturing Pmi,"US Markit Manufacturing PMI Down to 10-Month LowUnited States Manufacturing PmiUS factory activity slowed for the third consecutive month to 54.7 in November from 55.9 in October. Output and new orders subindexes were at their lowest levels since January, while the employment gauge rose slightly. 
2014-11-20T15:54:59.71"
US Inflation Rate Stable at 1.7%,Inflation Rate,"US Inflation Rate Stable at 1.7%United States Inflation RateUS annual inflation rate was recorded at 1.7 percent for the third consecutive month in October, as fall in energy prices was enough to offset higher food and shelter cost. Prices remained unchanged compared with the previous month. 2014-11-20T14:50:42.267"
Jobless Claims Below 300K for 10th Week,Initial Jobless Claims,"Jobless Claims Below 300K for 10th WeekUnited States Initial Jobless ClaimsIn the week ending November 15th,  291 Thousand American filed for unemployment benefits a decrease of 2,000 from the previous week's revised level. 2014-11-20T13:44:39.797"
Fed Raises Concerns Over Low Inflation,Interest Rate,"Fed Raises Concerns Over Low InflationUnited States Interest RateMinutes from Fed’s last meeting showed  policymakers were concerned about a possible downward shift in longer-term inflation expectations in the wake of lower growth. Also, it was an easy decision for the committee to end quantitative easing, although one member did not support it. 



2014-11-19T21:55:29.25"
US Housing Starts Down in October,Housing Starts,"US Housing Starts Down in OctoberUnited States Housing StartsHousing starts shrank 2.8 percent in October, dragged down by a 15.5 percent drop in houses with 5 units or more. Building permits surged 4.8 percent to a 6-1/2-year high annual rate of 1,080,000. 2014-11-19T13:46:47.7"
US Industrial Production Falls,Industrial Production Mom,"US Industrial Production FallsUnited States Industrial Production MomIndustrial production in the United States contracted 0.1 percent in October, following a a downwardly revised gain of 0.8 percent in September. While manufacturing increased 0.2 percent, mining and utilities output declined 0.9 percent and 0.7 percent respectively. 
2014-11-17T16:28:15.79"
US Consumer Sentiment Surges,Consumer Confidence,US Consumer Sentiment SurgesUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment increased for the fourth straight month to a preliminary reading of 89.4 in November. It is the highest figure since July of 2007 as falling unemployment increased consumers’ current and future expectations. 2014-11-14T15:52:54
US Retail Sales Rebound in October,Retail Sales Mom,"US Retail Sales Rebound in OctoberUnited States Retail Sales MomUS retail and food services sales increased 0.3 percent in October, following a 0.3 percent drop in the previous month, boosted by sales in food, clothing and sporting goods shops. 2014-11-14T13:58:45.503"
US Reports $122B Budget Deficit in October,Government Budget Value,"US Reports $122B Budget Deficit in OctoberUnited States Government Budget ValueThe U.S. had a budget deficit of $122 billion in October, up 34 percent from $91 billion gap reported in the same period last year.2014-11-13T19:18:24.283"
US Jobless Claims Up to 7-Week High,Initial Jobless Claims,"US Jobless Claims Up to 7-Week HighUnited States Initial Jobless ClaimsIn the week ending November 8, the advance figure for seasonally adjusted initial claims was 290,000, an increase of 12,000 from the previous week's unrevised level of 278,000. There were no special factors impacting this week's initial claims. 2014-11-13T13:41:11.17"
US Unemployment Rate Drops Further,Unemployment Rate,US Unemployment Rate Drops FurtherUnited States Unemployment RateUS jobless rate decreased for the third consecutive month to a fresh six-year low 5.8 percent in October from 5.9 percent in September. The number of unemployed persons edged down to 9.0 million.2014-11-07T13:39:25.59
U.S. Adds 214K Jobs in October,Non Farm Payrolls,"U.S. Adds 214K Jobs in OctoberUnited States Non Farm PayrollsTotal nonfarm payroll employment rose by 214,000 in October, and the unemployment rate edged down to 6-year low of 5.8 percent. Job growth occurred in food services and drinking places, retail trade, and health care. 2014-11-07T13:45:46.503"
US Jobless Claims Down in Latest Week,Initial Jobless Claims,"US Jobless Claims Down in Latest WeekUnited States Initial Jobless ClaimsIn the week ending November 1, the advance figure for seasonally adjusted initial claims was 278,000, a decrease of 10,000 from the previous week's revised level. The 4-week moving average was 279,000, the lowest level in more than fourteen years. 2014-11-06T13:39:04.777"
US Service Sector Growth Disappoints,Non Manufacturing Pmi,"US Service Sector Growth Disappoints United States Non Manufacturing PmiThe ISM non-manufacturing index slowed for the second straight month to 57.1 percent in October from September’s reading of 58.6 percent. However, the employment index rose to its highest in nine years.2014-11-05T15:12:41.147"
US Trade Deficit Widens in September,Balance Of Trade,"US Trade Deficit Widens in SeptemberUnited States Balance Of TradeThe US trade gap increased to USD 43.03 billion in September compared with a revised USD 39.99 billion shortfall in August, as exports decreased to a five-month low.2014-11-04T13:41:59.173"
US Factory Activity Beats Forecasts,Business Confidence,"US Factory Activity Beats ForecastsUnited States Business ConfidenceThe Institute for Supply Management manufacturing PMI registered 59 percent in October, an increase of 2.4 percentage points from September’s reading of 56.6 percent. New orders increased sharply and employment grew for the sixteenth consecutive month.  2014-11-03T15:12:29.1"
US Markit Manufacturing PMI at 3-Month Low,Manufacturing Pmi,"US Markit Manufacturing PMI at 3-Month LowUnited States Manufacturing PmiThe seasonally adjusted final Markit U.S. Manufacturing PMI posted 55.9 in October, down from a preliminary estimate of 56.2 and 57.5 in September. Output and new business growth both moderated in October but job creation remained resilient. Meanwhile, input cost inflation was the weakest since April. 2014-11-03T14:53:36.86"
US Consumer Sentiment Confirmed at 7-Year High,Consumer Confidence,"US Consumer Sentiment Confirmed at 7-Year HighUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 86.9 in October, compared with a preliminary reading of 86.4 and 84.6 in September. Consumers’ sentiment rose for the third consecutive month to its highest since July of 2007.2014-10-31T14:09:25.84"
Personal Spending Disappoints in September,Personal Spending,"Personal Spending Disappoints in SeptemberUnited States Personal SpendingConsumer spending in the US shrank for the first time in eight months by 0.2 percent in September following a 0.5 percent increase in August. Yet, personal income rose 0.2 percent. 2014-10-31T12:47:07.247"
Jobless Claims Increase Slightly in Latest Week,Initial Jobless Claims,"Jobless Claims Increase Slightly in Latest WeekUnited States Initial Jobless ClaimsApplications for unemployment benefits rose by 3K to 287K in the week ending October 25th. Despite the increase in the latest week, the 4-week moving average was the lowest than at any time in more than 14 years. 

2014-10-30T12:58:50.393"
US GDP Growth Beats Expectations in Q3,Gdp Growth Rate,"US GDP Growth Beats Expectations in Q3United States Gdp Growth RateThe United States economy advanced an annualized 3.5 percent in the third quarter of 2014, slowing from a 4.6 percent increase in the previous period. Advance estimates showed a downturn in inventory, residential and nonresidential investment and deceleration in personal consumption, exports and state and local public spending. 2014-10-30T12:56:58.31"
Fed Ends QE,Interest Rate,Fed Ends QEUnited States Interest RateThe Federal Reserve decided on October 29th to end its asset purchase program and signaled a rate hike may occur sooner than anticipated if inflation and employment improve further. 2014-10-29T18:29:59.15
Durable Goods Orders Disappoint,Durable Goods Orders,"Durable Goods Orders Disappoint United States Durable Goods OrdersNew orders for manufactured durable goods decreased 1.3 percent in September, following a revised 18.3 percent drop in August. It is the second consecutive slide as capital goods orders decreased the most in eight months and transportation orders fell 3.7 percent. 
2014-10-28T18:50:43.663"
US New Home Sales Rise 0.2% in September,New Home Sales,"US New Home Sales Rise 0.2% in SeptemberUnited States New Home SalesSales of new single-family houses were at a seasonally adjusted annual rate of 467,000 in September 2014. It is the highest figure in six years, but the August rate was revised down by 38,000 to an annual 466,000. 2014-10-24T15:16:15.8"
US Manufacturing Activity Slows in October,Manufacturing Pmi,US Manufacturing Activity Slows in OctoberUnited States Manufacturing PmiThe seasonally adjusted Markit Flash U.S. Manufacturing PMI decreased to 56.2 in October from 57.5 in September. It is the lowest figure in four months as new business posted the smallest gain this year and new export sales recorded the slowest rise since July. 2014-10-23T14:53:26.08
US Jobless Claims Rise in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise in Latest WeekUnited States Initial Jobless ClaimsIn the week ending October 18, the advance figure for seasonally adjusted initial claims was 283,000, an increase of 17,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 264,000 to 266,000. 2014-10-23T13:35:52.967"
US Inflation Rate Steady at 1.7%,Inflation Rate,"US Inflation Rate Steady at 1.7%United States Inflation RateUS annual inflation rate was recorded at 1.7 percent in September, the same as in August. On a monthly basis consumer prices rose 0.1 percent, as increases in shelter and food cost outweighed declines in energy prices. 2014-10-22T13:37:44.547"
US Consumer Sentiment Beats Expectations,Consumer Confidence,US Consumer Sentiment Beats ExpectationsUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment increased to a preliminary reading of 86.4 in October from 84.6 in September. It is the highest reading in seven years. 2014-10-17T15:12:15.61
US Housing Starts Rebound in September,Housing Starts,"US Housing Starts Rebound in SeptemberUnited States Housing StartsPrivately-owned housing starts in September were at a seasonally adjusted annual rate of 1,017,000. This is 6.3 percent above the revised August estimate of 957,000 and is 17.8 percent above the September 2013 rate of 863,000.2014-10-17T13:38:41.803"
US Industrial Production Better Than Expected,Industrial Production Mom,"US Industrial Production Better Than ExpectedUnited States Industrial Production MomUS industrial output rose 1 percent in September of 2014, following a revised 0.2 percent drop in August. It is the highest gain in nearly two years, driven by a surge in mining and utilities output. 2014-10-16T14:30:41.897"
US Jobless Claims Down to 14-Year Low,Initial Jobless Claims,"US Jobless Claims Down to 14-Year LowUnited States Initial Jobless ClaimsIn the week ending October 11, the advance figure for seasonally adjusted initial claims was 264,000, a decrease of 23,000 from the previous week's unrevised level of 287,000. This is the lowest level for initial claims since April 15, 2000 when it was 259,000. 2014-10-16T13:38:04.987"
US Budget Surplus Widens in September,Government Budget Value,"US Budget Surplus Widens in September United States Government Budget ValueThe US budget surplus reached USD 105.8 billion in September of 2014, up 41 percent from a year earlier and better than market expectations.2014-10-15T16:12:28.927"
US Retail Sales Disappoint in September,Retail Sales Mom,"US Retail Sales Disappoint in SeptemberUnited States Retail Sales MomUS retail and food services sales dropped 0.3 percent in September from August, following a 0.6 percent increase in the previous period. It is the first drop in eight months, as consumers spend less in gasoline stations and motor vehicle stores. 2014-10-15T13:45:58.013"
US Jobless Claims Down to 287K,Initial Jobless Claims,"US Jobless Claims Down to 287KUnited States Initial Jobless ClaimsIn the week ending October 4, the advance figure for seasonally adjusted initial claims was 287,000, a decrease of 1,000 from the previous week's revised level. There were no special factors impacting this week's initial claims. 2014-10-09T13:37:08.223"
Fed Raises Concerns Over Strong Dollar,Interest Rate,Fed Raises Concerns Over Strong DollarUnited States Interest RateMinutes from Federal Reserve’s last meeting showed policymakers are concerned about recent dollar appreciation and the effects it might have on growth and inflation. FOMC minutes also highlighted divergences among the Committee’s language and the risk of a market misunderstanding.2014-10-08T19:28:06.01
US Service Sector Growth Slows in September,Non Manufacturing Pmi,"US Service Sector Growth Slows in SeptemberUnited States Non Manufacturing PmiThe ISM non-manufacturing index registered 58.6 percent in September, down 1 percentage point from August's reading of 59.6 percent. While business activity decreased, the employment index rose to its highest in nine years.2014-10-03T15:12:07.62"
US Unemployment Rate Down to 6-Year Low,Unemployment Rate,"US Unemployment Rate Down to 6-Year LowUnited States Unemployment RateUS jobless rate decreased to 5.9 percent in September from 6.1 percent in August, the lowest rate since July of 2008. The number of unemployed persons decreased by 329,000 to 9.3 million.2014-10-03T13:55:18.33"
US Jobs Growth Beats Expectations in September,Non Farm Payrolls,"US Jobs Growth Beats Expectations in SeptemberUnited States Non Farm PayrollsTotal nonfarm payroll employment in US increased by 248,000 in September, compared with 180,000 in August, which was revised higher from 142,000.
The unemployment rate declined to 5.9 percent, slipping below 6 percent for the first time since July, 2008.2014-10-03T13:54:25.92"
US Trade Deficit Shrinks in August,Balance Of Trade,US Trade Deficit Shrinks in AugustUnited States Balance Of TradeUS trade gap unexpectedly decreased in August to the lowest level in seven months as exports reached a record high. 2014-10-03T13:47:56.76
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsIn the week ending September 27, the advance figure for seasonally adjusted initial claims was 287,000, a decrease of 8,000 from the previous week's revised level. There were no special factors impacting this week's initial claims. 2014-10-02T13:37:48.86"
US Manufacturing Activity Slows in September,Business Confidence,"US Manufacturing Activity Slows in SeptemberUnited States Business ConfidenceThe Institute for Supply Management manufacturing PMI registered 56.6 percent in September, a decrease of 2.4 percentage points from August’s reading of 59 percent. Figures came below market expectations, hurt by lower new orders and job creation.2014-10-01T15:11:09.197"
US Markit Manufacturing PMI at 57.5,Manufacturing Pmi,"US Markit Manufacturing PMI at 57.5United States Manufacturing PmiThe final Markit US Manufacturing PMI registered 57.5 in September, down slightly from 57.9 in August. The final reading came slightly below the flash estimate, but manufacturing job creation hit two-and-a-half year high while input cost inflation increased to its highest this year. 2014-10-01T14:57:08.757"
US Consumer Spending Beats Expectations,Personal Spending,"US Consumer Spending Beats ExpectationsUnited States Personal SpendingUS personal spending increased 0.5 percent in August, after being flat in July and personal income rose 0.3 percent. The saving rate decreased by 20 bps to 5.4 percent. 2014-09-29T13:47:04.703"
US Consumer Sentiment Confirmed at 14-Month High,Consumer Confidence,"US Consumer Sentiment Confirmed at 14-Month HighUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 84.6 in September, unchanged from the preliminary estimate and up from 82.5 in August. It is the highest figure since July of 2013.2014-09-26T15:06:27.8"
US GDP Growth Revised Up to 4.6%,Gdp Growth Rate,"US GDP Growth Revised Up to 4.6%United States Gdp Growth RateThe United States economy advanced an annualized 4.6 percent in the second quarter of 2014, according to the final estimate released by the Bureau of Economic Analysis. It is the highest growth rate in 2-1/2 years, as business investment and exports grew more than expected. 
2014-09-26T13:45:20.317"
US Durable Goods Orders Fall Sharply,Durable Goods Orders,"US Durable Goods Orders Fall SharplyUnited States Durable Goods OrdersNew orders for manufactured durable goods shrank 18.2 percent in August, following a revised 22.5 percent surge in July. Excluding transportation, new orders rose 0.7 percent. 2014-09-25T13:44:45.21"
US Jobless Claims Rise Below Expectations,Initial Jobless Claims,"US Jobless Claims Rise Below ExpectationsUnited States Initial Jobless ClaimsIn the week ending September 20, the advance figure for seasonally adjusted initial claims was 293,000, an increase of 12,000 from the previous week's revised level.  The 4-week moving average was 298,500, a decrease of 1,250 from the previous week's revised average. 2014-09-25T13:36:05.91"
US New Home Sales Surge in August,New Home Sales,"US New Home Sales Surge in AugustUnited States New Home SalesSales of new single-family houses increased 18 percent in August of 2014 to a seasonally adjusted annual rate of 504,000. It is the highest reading since May of 2008.2014-09-24T15:14:31.317"
US Factory Activity Robust in September,Manufacturing Pmi,"US Factory Activity Robust in SeptemberUnited States Manufacturing PmiThe seasonally adjusted Markit Flash U.S. Manufacturing PMI came in at 57.9 9 in September, unchanged from August’s fifty-two-month high. Manufacturing employment rose at its fastest pace in two-and-a-half-years, boosted by further strong rises in output and new orders. 2014-09-23T14:57:56.353"
US Housing Starts Fall Sharply in August,Housing Starts,"US Housing Starts Fall Sharply in AugustUnited States Housing StartsPrivately-owned housing starts in August were at a seasonally adjusted annual rate of 956,000, 14.4 percent below the revised July estimate of 1,117,000. It is the biggest drop since April of 2013.2014-09-18T13:42:16.673"
US Jobless Claims Down to 8-Week Low,Initial Jobless Claims,"US Jobless Claims Down to 8-Week LowUnited States Initial Jobless ClaimsIn the week ending September 13, the advance figure for seasonally adjusted initial claims was 280,000, a decrease of 36,000 from the previous week's revised level. It is the lowest figure since late June.2014-09-18T13:38:42.11"
US Fed Renews Zero Interest Rate Pledge,Interest Rate,US Fed Renews Zero Interest Rate PledgeUnited States Interest RateThe Federal Reserve confirmed its commitment to keep interest rates near zero for a “considerable time” after asset purchases are completed and said the economy is expanding at a moderate pace and inflation is below its goal.2014-09-17T19:20:45.12
US Inflation Rate Falls to 1.7%,Inflation Rate,"US Inflation Rate Falls to 1.7%United States Inflation RateUS annual inflation rate slowed for the second straight month to 1.7 percent in August from 2 percent in July, due to falling energy prices. The monthly rate dropped for the first time in sixteen months by 0.2 percent. 
2014-09-17T13:44:19.903"
US Industrial Production Falls 0.1% in August,Industrial Production Mom,"US Industrial Production Falls 0.1% in AugustUnited States Industrial Production MomUS industrial output dropped 0.1 percent in August, following a revised 0.2 percent increase in July. It is the first fall since January driven by lower production of motor vehicles. 2014-09-15T14:36:18.993"
US Consumer Sentiment at 14-Month High,Consumer Confidence,"US Consumer Sentiment at 14-Month HighUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment increased to a preliminary reading of 84.6 in September from 82.5 in August. It is the highest figure since July of 2013, as consumers are more confident about future economic conditions.2014-09-12T15:07:55.62"
US Retail Sales Up 0.6% in August,Retail Sales Mom,"US Retail Sales Up 0.6% in AugustUnited States Retail Sales MomUS retail and food services sales rose 0.6 percent to $444.4 billion in August, as consumers bought more automobiles. The July to June 2014 percent change was revised from 0.0 percent to 0.3 percent. 2014-09-12T13:54:06.477"
US Budget Deficit Shrinks in August,Government Budget Value,"US Budget Deficit Shrinks in August United States Government Budget ValueThe US budget gap reached USD 129 billion in August of 2014, down 13 percent from a year earlier and slightly better than market expectations. 2014-09-11T23:23:11.763"
US Jobless Claims Up to 10-Week High,Initial Jobless Claims,"US Jobless Claims Up to 10-Week HighUnited States Initial Jobless ClaimsIn the week ending September 6th, the advance figure for seasonally adjusted initial claims was 315,000, an increase of 11,000 from the previous week's revised level. It is the highest figure since late June. 2014-09-11T13:44:13.873"
US Payrolls Growth Disappoints in August,Non Farm Payrolls,"US Payrolls Growth Disappoints in AugustUnited States Non Farm PayrollsUnited States economy added only 142,000 jobs in August, compared with an average monthly gain of 212,000 over the prior 12 months. It was the smallest gain this year. Job growth occurred in professional and business services and in health care.
2014-09-05T15:37:58.743"
US Unemployment Rate Falls in August,Unemployment Rate,"US Unemployment Rate Falls in AugustUnited States Unemployment RateUS jobless rate decreased to 6.1 percent in  August from 6.2 percent in July. Over the year, the unemployment rate and the number of unemployed persons were down by 1.1 percentage points and 1.7 million, respectively. 
2014-09-05T13:41:05.707"
US Trade Deficit Narrows in July,Balance Of Trade,US Trade Deficit Narrows in JulyUnited States Balance Of TradeUS trade gap decreased for the third straight month to USD 40.55 billion in July from USD 40.8 billion in June as exports rose 0.9 percent while imports grew at a slower 0.7 percent. 2014-09-04T20:25:13.573
US Service Sector Growth Accelerates in August,Non Manufacturing Pmi,"US Service Sector Growth Accelerates in AugustUnited States Non Manufacturing PmiThe ISM non-manufacturing index registered 59.6 percent in August, 0.9 percentage point higher than the July reading of 58.7 percent. It is the highest reading since 2005. 2014-09-04T15:14:03.727"
US Jobless Claims Little Changed in Latest Week,Initial Jobless Claims,"US Jobless Claims Little Changed in Latest WeekUnited States Initial Jobless ClaimsIn the week ending August 30, the advance figure for seasonally adjusted initial claims was 302,000, an increase of 4,000 from the previous week's unrevised level of 298,000. The 4-week moving average was 302,750, an increase of 3,000 from the previous week's unrevised average of 299,750. 
2014-09-04T13:34:03.05"
US ISM Manufacturing PMI Rises in August,Business Confidence,"US ISM Manufacturing PMI Rises in AugustUnited States Business ConfidenceThe Institute for Supply Management manufacturing PMI registered 59 percent in August, an increase of 1.9 percentage points from July. It is the highest reading since March of 2011, boosted by an increase in production and new orders.2014-09-02T15:15:11.287"
US Factory Activity Up to 4-Year High,Manufacturing Pmi,"US Factory Activity Up to 4-Year HighUnited States Manufacturing PmiThe final seasonally adjusted Markit U.S. Manufacturing PMI came in at 57.9 in August, up from 55.8 in July and almost unchanged from a flash reading of 58. Export sales recorded the fastest increase in three years and payrolls rose at steepest pace since March 2013.2014-09-02T14:57:21.197"
US Consumer Sentiment Rebounds in August,Consumer Confidence,"US Consumer Sentiment Rebounds in AugustUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's final reading on the overall index of consumer sentiment came in at 82.5 in August, up from a preliminary 79.2 and 81.8 in July, as consumers were more confident about current economic conditions.2014-08-29T15:08:40.827"
Consumer Spending in US Decline 0.1% in July,Personal Spending,Consumer Spending in US Decline 0.1% in JulyUnited States Personal SpendingUS personal consumption expenditures dropped by 0.1 percent in July as compared to 0.4 percent increase reported in June. It was the first decline in six months.2014-08-29T13:40:49.91
US Economy Rebounds Stronger Than Expected,Gdp Growth Rate,"US Economy Rebounds Stronger Than Expected United States Gdp Growth RateThe United States economy advanced an annualized 4.2 percent in the second quarter of 2014, according to the second estimate released by the Bureau of Economic Analysis. The new figure comes better than an advance estimate of 4 percent, as business investment and exports 
contributed more to the growth. 2014-08-28T13:54:35.783"
US Jobless Claims Little Changed In Latest Week,Initial Jobless Claims,"US Jobless Claims Little Changed In Latest WeekUnited States Initial Jobless ClaimsThe number of Americans filing for unemployment benefits decreased by 1,000 to 298,000 in the week ending August 23rd. In recent weeks, claims have been near the lowest levels since 2007 as the labor market continues to improve.2014-08-28T13:43:17.667"
US Durable Goods Orders Surge in July,Durable Goods Orders,US Durable Goods Orders Surge in JulyUnited States Durable Goods OrdersNew orders for manufactured durable goods jumped 22.6 percent in July of 2014 boosted by higher demand for non-defense aircraft. It is the highest growth rate on record and follows a revised 2.7 percent increase in June.2014-08-26T14:08:15.9
US New Home Sales Fall in July,New Home Sales,"US New Home Sales Fall in JulyUnited States New Home SalesSales of new single-family houses fell for the second straight month by 2.4 percent to a seasonally adjusted annual rate of 412,000 in July. However, the number of new houses for sale increased 4.1 percent to 205,000, the highest in four years.2014-08-25T15:19:53.89"
Fed May Rise Rates Sooner Than Expected,Interest Rate,"Fed May Rise Rates Sooner Than ExpectedUnited States Interest RateIn a speech during the Economic Symposium in Jackson Hole, Fed Chair Janet Yellen brought the possibility of raising interest rates earlier than anticipated if progress in the labor market continued or if inflation moves up more rapidly.2014-08-22T15:45:06.787"
US Markit Manufacturing PMI Up to 4-Year High,Manufacturing Pmi,"US Markit Manufacturing PMI Up to 4-Year HighUnited States Manufacturing PmiThe seasonally adjusted Markit Flash U.S. Manufacturing PMI registered 58.0 in August, up sharply from 55.8 in July and the highest reading for over four years. Output and new orders both rose at faster rates and employment growth accelerated to strongest since March of 2013.2014-08-21T14:53:47.17"
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsIn the week ending August 16, the advance figure for seasonally adjusted initial claims was 298,000, a decrease of 14,000 from the previous week's revised level. Continued claims fell to 2,500 thousand, the lowest level in seven years.2014-08-21T13:38:27.1"
Fed Exit Strategy May Occur Sooner Than Anticipated,Interest Rate,"Fed Exit Strategy May Occur Sooner Than AnticipatedUnited States Interest RateUS Federal Reserve officials said that tightening of monetary policy may happen sooner than expected and would give warning on any changes well before interest rates rise, according to minutes of its last policy meeting.2014-08-20T19:46:03.187"
US Housing Starts Beat Expectations in July,Housing Starts,"US Housing Starts Beat Expectations in JulyUnited States Housing StartsPrivately-owned housing starts in July were at a seasonally adjusted annual rate of 1,093 thousand. This is 15.7 percent above the revised June rate of 945 thousand. Building permits rose 8.1 percent. 2014-08-19T13:50:33.713"
US Inflation Rate Down to 2%,Inflation Rate,"US Inflation Rate Down to 2%United States Inflation RateUS annual inflation rate slowed to 2 percent in July from 2.1 percent in the previous two months, in line with market expectations and driven by a fall in energy cost.2014-08-19T13:38:43.763"
US Consumer Sentiment Lowest Since November,Consumer Confidence,"US Consumer Sentiment Lowest Since NovemberUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment fell to 79.2 in August from 81.8 reported a month earlier. Yet, the barometer of current economic conditions rose to its highest since July of 2007. 2014-08-15T15:02:56.18"
US Industrial Output Rises 0.4% in July,Industrial Production Mom,"US Industrial Output Rises 0.4% in JulyUnited States Industrial Production MomUS industrial production increased 0.4 percent in July, sixth consecutive monthly gain, as production of auto parts and motor vehicles surged 10.1 percent.2014-08-15T14:25:15.943"
US Jobless Claims Rise to Six Week High,Initial Jobless Claims,"US Jobless Claims Rise to Six Week HighUnited States Initial Jobless ClaimsIn the week ending August 9, applications for unemployment benefits in the US rose by 311,000, an increase of 21,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 289,000 to 290,000. 2014-08-14T13:36:37.68"
US Retail Sales Disappoints in July,Retail Sales Mom,"US Retail Sales Disappoints in JulyUnited States Retail Sales MomU.S. retail sales were flat in July, after increasing 0.2 percent in June as sales at auto dealers continued to fall and receipts in furniture and electronics and appliances stores weakened. 
2014-08-13T13:49:35.517"
US Budget Deficit Narrows in July,Government Budget Value,"US Budget Deficit Narrows in JulyUnited States Government Budget ValueUS budget gap reached USD95 billion at the end of July, down 3 percent from the same period last year as tax revenue grew at a faster pace than government spending. 2014-08-12T20:06:33.45"
US Jobless Claims Edge Down to 289K in Latest Week,Initial Jobless Claims,"US Jobless Claims Edge Down to 289K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending August 2, 289,000 Americans filed applications for unemployment benefits, a decrease of 14,000 from the previous week's revised level. The 4-week moving average was 293,500, the lowest level since February 25, 2006 when it was 290,750. 2014-08-07T13:41:12.333"
US Trade Deficit Narrows in June,Balance Of Trade,"US Trade Deficit Narrows in JuneUnited States Balance Of TradeUS trade gap shrank to five-month low in June as imports dropped the most in a year and exports increased slightly.
2014-08-06T13:42:02.637"
US Service Sector Growth Hits 8-1/2 Year High in July,Non Manufacturing Pmi,"US Service Sector Growth Hits 8-1/2 Year High in JulyUnited States Non Manufacturing PmiISM non-manufacturing index rose to 58.7 in July from 56 in June, the highest since December 2005. The number was boosted by growth in business activity, new orders and employment.2014-08-05T15:13:57.01"
US Unemployment Rate Rises to 6.2% in July,Unemployment Rate,US Unemployment Rate Rises to 6.2% in JulyUnited States Unemployment RateUS jobless rate increased to 6.2 percent from 6.1 percent in June as more people entered the labor force. Wages and hours were unchanged from the previous month.2014-08-01T15:20:23.23
US Factory Activity Expands At Fastest Pace in 3 Years,Business Confidence,"US Factory Activity Expands At Fastest Pace in 3 Years United States Business ConfidenceUS manufacturing sector expanded at the fastest pace in 39 months in July boosted by an increase in new orders and employment readings, The Institute for Supply Management data showed.

2014-08-01T15:19:08.667"
US Consumer Sentiment Drops in July,Consumer Confidence,"US Consumer Sentiment Drops in JulyUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment edged down in July to 81.8, below the 82.0 flash estimate and down from the June reading of 82.5. 2014-08-01T15:10:43.08"
US Markit Manufacturing PMI Revised Down in July,Manufacturing Pmi,"US Markit Manufacturing PMI Revised Down in JulyUnited States Manufacturing PmiU.S. Manufacturing Purchasing Managers Index slipped to 55.8 in July, down from the 57.3 June reading that was the highest since May 2010. The preliminary read for the index was 56.3.
2014-08-01T14:53:11.217"
US Consumer Spending Picks Up in June,Personal Spending,"US Consumer Spending Picks Up in JuneUnited States Personal SpendingU.S. consumer expenditure increased 0.4 percent after rising by an upwardly revised 0.3 percent in May, supported by rise in income.2014-08-01T13:57:42.993"
US Payrolls Rise Less Than Expected in July,Non Farm Payrolls,"US Payrolls Rise Less Than Expected in July United States Non Farm PayrollsUnited States added 209,000 jobs in July, the same as its average monthly gain over the prior 12 months. Employment grew in professional and business services, manufacturing, retail trade, and construction.2014-08-01T13:35:59.217"
US Jobless Claims Rise to 302K in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise to 302K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending July 26, the advance figure for seasonally adjusted initial claims was 302,000, an increase of 23,000 from the previous week's revised level. The 4-week moving average fell to an 8-Year Low. 2014-07-31T13:39:56.233"
South Africa Trade Deficit Narrows in June,Initial Jobless Claims,"South Africa Trade Deficit Narrows in JuneUnited States Initial Jobless ClaimsSouth African trade gap decreased to ZAR 0.2 billion in June of 2014, from a revised ZAR 7.4 billion deficit in the previous month. This is the lowest deficit in nearly 9 years, due to a surge in exports and a decline in import.2014-07-31T13:36:43.7"
US Fed Cuts Bond Buying Program to $25 Billion,Interest Rate,"US Fed Cuts Bond Buying Program to $25 BillionUnited States Interest RateDuring the meeting held on July 30th, US Federal Open Market Committee reduced monthly asset purchases by another $10 Billion and said slack in the labor market persists even as the economy is improving.2014-07-30T19:18:17.97"
US Economy Rebounds in Q2,Gdp Growth Rate,"US Economy Rebounds in Q2United States Gdp Growth RateThe United States GDP advanced 4 percent in the second quarter of 2014, rebounding from a revised 2.1 percent contraction in the previous period. Upturns in private inventory investment and exports and an acceleration in personal consumption and investment contributed to better than expected results. 2014-07-30T13:54:46.92"
US Durable Goods Rebound in June,Durable Goods Orders,"US Durable Goods Rebound in JuneUnited States Durable Goods OrdersNew orders for manufactured durable goods increased 0.7 percent in June of 2014 after a revised 1 percent fall in May, driven by higher demand for machinery, transport, non-defense aircraft and parts and capital goods.2014-07-25T13:51:26.24"
US New Home Sales Fall Sharply in June,New Home Sales,"US New Home Sales Fall Sharply in JuneUnited States New Home SalesSales of new single-family houses in June 2014 were at a seasonally adjusted annual rate of 406,000, down 8.1 percent from the previous month, the largest decline in a year. May's sales were revised downwards to 442,000 units from an initially reported 504,000 units.2014-07-24T15:21:40.67"
US Markit Manufacturing PMI Falls in July,Manufacturing Pmi,"US Markit Manufacturing PMI Falls in July United States Manufacturing PmiThe seasonally adjusted Markit Flash U.S. Manufacturing PMI came in at 56.3 in July, down from 57.3 in June, marking the slowest improvement for three months. Job creation was the weakest since September of 2013.2014-07-24T14:57:14.767"
US Jobless Claims Down to Nearly 8-1/2 Year Low,Initial Jobless Claims,"US Jobless Claims Down to Nearly 8-1/2 Year LowUnited States Initial Jobless ClaimsIn the week ending July 19, the advance figure for seasonally adjusted initial claims was 284,000, a decrease of 19,000 from the previous week's revised level. This is the lowest level for initial claims since February 18, 2006 when they were 283,000. 
2014-07-24T13:37:09.643"
US Inflation Rate Steady at 2.1%,Inflation Rate,"US Inflation Rate Steady at 2.1%United States Inflation RateUS consumer prices rose 2.1 percent year-on-year in June, the same rate recorded in May. On a monthly basis, prices increased 0.3 percent, following a 0.4 percent rise in the previous month, driven by higher gasoline cost.2014-07-22T13:38:39.413"
US Consumer Sentiment Falls in July,Consumer Confidence,"US Consumer Sentiment Falls in JulyUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's preliminary July reading on the overall index of consumer sentiment came in at 81.3, down from a final 82.5 in June. Consumer expectations fell for the third straight month.2014-07-18T15:13:14.177"
US Housing Starts Fall for Second Straight Month,Housing Starts,"US Housing Starts Fall for Second Straight MonthUnited States Housing StartsPrivately-owned housing starts in June were at a seasonally adjusted annual rate of 893 thousand, 9.3 percent below the revised May estimate of 985,000. Building permits fell 4.2 percent. 2014-07-17T13:45:13.277"
US Jobless Claims Edge Down to 9-Week Low,Initial Jobless Claims,"US Jobless Claims Edge Down to 9-Week LowUnited States Initial Jobless ClaimsIn the week ending July 12, the advance figure for seasonally adjusted initial claims was 302,000, a decrease of 3,000 from the previous week's revised level. The 4-week moving average fell to a 7-Year Low.2014-07-17T13:40:22.54"
US Industrial Production Slows in June,Industrial Production Mom,"US Industrial Production Slows in JuneUnited States Industrial Production MomIndustrial production increased 0.2 percent in June, following a revised 0.5 percent increase in May, as utilities output marked its fifth consecutive month of declines.2014-07-16T14:32:36.8"
Yellen Warns on Uncertain Economic Outlook,Interest Rate,"Yellen Warns on Uncertain Economic OutlookUnited States Interest RateDuring semi-annual monetary policy report to Congress, Fed Chairman Yellen signaled that interest rates can rise earlier or later than anticipated as considerable uncertainty surrounds projections for growth, unemployment and inflation.2014-07-15T15:42:27.54"
US Retail Sales Disappoint in June,Retail Sales Mom,"US Retail Sales Disappoint in JuneUnited States Retail Sales MomAdvance estimates of U.S. retail and food services sales for June were $439.9 billion, an increase of 0.2 percent from the previous month. Figures came below market expectations, due to a fall in auto sales.2014-07-15T13:52:23.077"
US Budget Surplus Narrows in June,Government Budget Value,"US Budget Surplus Narrows in JuneUnited States Government Budget ValueThe US budget surplus fell 39 percent year-on-year to USD 71 billion in June of 2014. A year earlier, the country’s surplus amounted to USD 117 billion.2014-07-11T19:12:20.013"
US Jobless Claims Down to 6-Week Low,Initial Jobless Claims,"US Jobless Claims Down to 6-Week LowUnited States Initial Jobless ClaimsIn the week ending July 5, the advance figure for seasonally adjusted initial claims was 304,000, a decrease of 11,000 from the previous week's unrevised level of 315,000. There were no special factors impacting this week's initial claims. 2014-07-10T13:38:36.69"
Fed Likely to End Stimulus in October,Interest Rate,"Fed Likely to End Stimulus in OctoberUnited States Interest RateMinutes from its June meeting showed the Federal Reserve plans to end its bond-buying program in October, if the economy progresses as the central bank expects.2014-07-09T20:08:30.45"
US Service Sector Slows in June,Non Manufacturing Pmi,"US Service Sector Slows in JuneUnited States Non Manufacturing PmiThe ISM Non-Manufacturing PMI registered 56 percent in June, 0.3 percentage point lower than the May reading of 56.3 percent, as general activity decelerated.2014-07-03T15:06:24.14"
US Jobless Claims Rise Slightly in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise Slightly in Latest WeekUnited States Initial Jobless ClaimsIn the week ending June 28, the advance figure for seasonally adjusted initial claims was 315,000, an increase of 2,000 from the previous week's revised level.2014-07-03T13:42:02.793"
US Unemployment Rate Falls to 6.1%,Unemployment Rate,"US Unemployment Rate Falls to 6.1%United States Unemployment RateUS jobless rate declined by 0.2 percentage point to 6.1 percent in June. The number of unemployed persons decreased by 325,000 to 9.5 million. Over the year, the unemployment rate and the number of unemployed persons have declined by 1.4 percentage points and 2.3 million, respectively. 2014-07-03T14:04:43.567"
US Trade Deficit Narrows in May,Balance Of Trade,"US Trade Deficit Narrows in MayUnited States Balance Of TradeUS trade gap declined more than forecast in May as exports reached a record and imports decreased.
2014-07-03T13:43:39.947"
US Non-Farm Payrolls Beat Expectations in June,Non Farm Payrolls,"US Non-Farm Payrolls Beat Expectations in JuneUnited States Non Farm PayrollsUnited States added 288,000 jobs in June, up from 224,000 in the previous month. Over the past 3 months, job growth has averaged 272,000 per month. Employment growth was widespread, led by gains in professional and business services, retail trade, food services and drinking places, and health care.2014-07-03T13:41:19.103"
US Manufacturing Slows Slightly in June,Business Confidence,"US Manufacturing Slows Slightly in JuneUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity was 55.3 in June, almost unchanged from May's 55.4 reading. While new orders subindex reported strong growth, the employment gauge was unchanged and the production measure fell slightly. 
2014-07-01T15:18:22.313"
Markit Manufacturing PMI Strongest in 4-years,Manufacturing Pmi,"Markit Manufacturing PMI Strongest in 4-yearsUnited States Manufacturing PmiFinal U.S. Manufacturing Purchasing Managers Index rose to 57.3 in June, slightly down from a flash release of 57.5 but still the highest reading since May 2010. 2014-07-01T15:07:34.847"
US Consumer Sentiment Beats Expectations,Consumer Confidence,"US Consumer Sentiment Beats ExpectationsUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's final June reading on the overall index of consumer sentiment came in at 82.5, up from a preliminary 81.2 and above market forecasts. Consumers were more confident that first quarter GDP contraction was due to bad weather conditions. 2014-06-27T15:19:47.897"
US Personal Spending Disappoints in May,Personal Spending,"US Personal Spending Disappoints in MayUnited States Personal SpendingPersonal consumption expenditure rose 0.2 percent in May of 2014, after being flat in April and below market expectations. In contrast, personal income gained 0.4 percent.2014-06-26T13:47:39.01"
US Jobless Claims Slightly Down to 312K,Initial Jobless Claims,"US Jobless Claims Slightly Down to 312KUnited States Initial Jobless ClaimsIn the week ending June 21, the advance figure for seasonally adjusted initial claims was 312,000, a slight decrease of 2,000 from the previous week's revised level. There were no special factors impacting this week's initial claims. 2014-06-26T13:37:26.077"
US GDP Contracts More Than Expected,Gdp Growth Rate,"US GDP Contracts More Than ExpectedUnited States Gdp Growth RateThe United States GDP shrank at an annual rate of 2.9 percent in the first quarter of 2014, according to the third and final estimate from the Commerce Department. The figure comes much worse than a 1 percent contraction previously announced, as the increase in personal consumption was smaller than estimated, and the decline in exports was larger than anticipated. 2014-06-25T13:50:10.44"
US Durable Goods Fall Unexpectedly in May,Durable Goods Orders,"US Durable Goods Fall Unexpectedly in MayUnited States Durable Goods OrdersNew orders for manufactured durable goods fell 1.0 percent in May of 2014 after a revised 0.8 percent rise in April, driven by a slump in demand for transportation, machinery, computers and electronic products.2014-06-25T13:46:54.44"
US New Home Sales Up to 6-Year High,New Home Sales,"US New Home Sales Up to 6-Year HighUnited States New Home SalesSales of new single-family houses were at a seasonally adjusted annual rate of 504,000 in May, 18.6 percent above the revised April rate of 425,000. It is the highest level since May of 2008 and the biggest rise since January of 1992.2014-06-24T15:11:59.287"
US Manufacturing Activity at 4-Year High,Manufacturing Pmi,"US Manufacturing Activity at 4-Year HighUnited States Manufacturing PmiThe Markit Flash U.S. Manufacturing PMI came in at 57.5 in June, up from 56.4 in May. It is the strongest upturn in overall business conditions since May of 2010, driven by fastest output and new orders growth.2014-06-23T14:58:29.097"
US Jobless Claims Fall to 312K,Initial Jobless Claims,"US Jobless Claims Fall to 312KUnited States Initial Jobless ClaimsIn the week ending June 14, the advance figure for seasonally adjusted initial claims was 312,000, a decrease of 6,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
2014-06-19T13:36:57.567"
US Fed Cuts Bond Buying Program Further,Interest Rate,"US Fed Cuts Bond Buying Program FurtherUnited States Interest RateAt its June 18th meeting, The US Federal Reserve pared monthly asset buying to $35 billion, its fifth straight $10 billion cut. The central bank also cut its 2014 GDP growth forecasts from around 2.9 percent to between 2.1 to 2.3 percent.2014-06-18T19:23:55.817"
US Annual Inflation Up to 1-1/2 Year High,Inflation Rate,"US Annual Inflation Up to 1-1/2 Year HighUnited States Inflation RateIn May, consumer prices in US increased 2.1 percent over the last 12 months. This compares to a 2.0 percent increase for the 12 months ending April and is the largest 12-month increase since October 2012.2014-06-17T13:44:18.797"
US Housing Starts Fall in May,Housing Starts,"US Housing Starts Fall in MayUnited States Housing StartsPrivately-owned housing starts in May were at a seasonally adjusted annual rate of 1,001,000. This is 6.5 percent below the revised April estimate of 1,071,000, but is 9.4 percent above the May 2013 rate of 915,000.2014-06-17T13:39:23.927"
US Industrial Production Rises in May,Industrial Production Mom,"US Industrial Production Rises in MayUnited States Industrial Production MomIndustrial production increased 0.6 percent in May after having declined a revised 0.3 percent in April, driven by a rise in manufacturing and mining output.2014-06-16T14:26:53.607"
US Consumer Sentiment Falls in June,Consumer Confidence,"US Consumer Sentiment Falls in JuneUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's preliminary reading on the overall index of consumer sentiment declined to 81.2 in June from  81.9 reported in May as confidence among consumers with the lowest incomes went down.
2014-06-13T15:11:09.46"
US Retail Sales Rise Less Than Expected,Retail Sales Mom,"US Retail Sales Rise Less Than ExpectedUnited States Retail Sales MomUS retail sales rose 0.3 percent in May of 2014, down from a revised 0.5 percent increase in the previous month. The figure comes below expectations as consumers bought mainly automobiles. 2014-06-12T13:52:22.447"
US Jobless Claims Rise Slightly in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise Slightly in Latest WeekUnited States Initial Jobless ClaimsInitial claims for state unemployment benefits climbed 4,000 to a seasonally adjusted 317,000 for the week ended June 7. The 4-week moving average was 315,250, an increase of 4,750 from the previous week's revised average.

2014-06-12T13:38:55.68"
US Budget Deficit Shrinks in May,Government Budget Value,"US Budget Deficit Shrinks in MayUnited States Government Budget ValueU.S. budget deficit declined 6.5 percent from a year earlier to $130 billion in May as a stronger economy bolstered revenue. Year-to-date deficit reached $436 billion, compared with $626 billion in the same period last year.2014-06-11T19:57:05.25"
US Payrolls Rise in Line With Expectations in May,Non Farm Payrolls,"US Payrolls Rise in Line With Expectations in MayUnited States Non Farm PayrollsUnited States added 217,000 jobs in May following a 282,000 increase in April. The biggest gains were reported in professional and business services, health care and social assistance and food services and drinking places. 2014-06-06T13:54:54.92"
US Unemployment Rate Stable in May,Unemployment Rate,"US Unemployment Rate Stable in MayUnited States Unemployment RateUS jobless rate held at 6.3 percent in May, following a decline of 0.4 percentage point in April. The number of unemployed persons was unchanged at 9.8 million.2014-06-06T13:43:50.373"
US Job market Continues to Strengthen,Initial Jobless Claims,"US Job market Continues to StrengthenUnited States Initial Jobless ClaimsThe number of Americans filing new claims for unemployment benefits increased last week, but four-week moving average for new claims declined to the lowest level since June 2007.2014-06-05T13:59:22.993"
US Service Sector Rises Further in May,Non Manufacturing Pmi,"US Service Sector Rises Further in MayUnited States Non Manufacturing PmiThe Institute for Supply Management index of non-manufacturing activity increased for the third straight month to 56.3 in May from 55.2 in April, as new orders and business activity surged.2014-06-04T15:08:15.547"
US Trade Deficit Widens to 2-Year High,Balance Of Trade,"US Trade Deficit Widens to 2-Year HighUnited States Balance Of TradeUS trade gap increased to USD 47.2 billion in April of 2014 from a revised USD 44.2 billion in March, as imports recorded the highest value on record. Purchases of automobiles, capital goods, food and consumer goods all hit record highs in April.2014-06-04T14:04:41.76"
US Manufacturing Accelerates in May,Business Confidence,"US Manufacturing Accelerates in MayUnited States Business ConfidenceThe Institute for Supply Management national factory activity index has increased to 55.4 in May from 54.9 in April. The ISM had earlier mistakenly reported the index fell to 53.2 in May. While new orders, production and customer inventories reported strong gains, factory job growth slowed.
2014-06-02T21:34:34.85"
US Markit Manufacturing PMI Rises More Than Expected,Manufacturing Pmi,"US Markit Manufacturing PMI Rises More Than ExpectedUnited States Manufacturing PmiThe final Markit US Manufacturing PMI picked up to 56.4 in May, from 55.4 in April and a flash reading of 56.2. Output growth reached its highest since February of 2011 and new export orders increase at fastest pace since July of 2013.2014-06-02T14:59:09.28"
US Economy Contracts 1% in Q1,Gdp Growth Rate,"US Economy Contracts 1% in Q1United States Gdp Growth RateUnited States GDP shrank at an annual rate of 1.0 percent in the first quarter of 2014, according to the second estimate released by the Commerce Department. It is the worst performance in three years and comes lower than a preliminary estimated 0.1 percent expansion, due to a sharper fall in private inventory investment and a bigger trade deficit. 2014-05-30T15:25:26.517"
US Consumer Sentiment Drops in May,Consumer Confidence,"US Consumer Sentiment Drops in MayUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's final May reading on the overall index of consumer sentiment came in at 81.9, almost unchanged from a preliminary 81.8, but down from 84.1 in April, hurt by lower wage expectations. 2014-05-30T15:04:07.017"
US Personal Spending Falls in April,Personal Spending,"US Personal Spending Falls in AprilUnited States Personal SpendingPersonal consumption expenditure dropped for the first time in a year by 0.1 percent in April, following a revised 1 percent increase in the previous month, due to lower purchases of motor vehicles. However, the personal consumption price index increased 0.2 percent.2014-05-30T13:46:33.9"
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsIn the week ending May 24, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 27,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 326,000 to 327,000. There were no special factors impacting this week's initial claims.2014-05-29T13:36:33.817"
US Durable Goods Orders Beat Expectations,Durable Goods Orders,"US Durable Goods Orders Beat ExpectationsUnited States Durable Goods OrdersNew orders for manufactured durable goods increased 0.8 percent in April of 2014 after a revised 3.6 percent rise in March, driven by a surge in orders for defense capital goods.2014-05-27T13:49:08.433"
US New Home Sales Surge in April,New Home Sales,"US New Home Sales Surge in AprilUnited States New Home SalesSales of new single-family houses rose 6.4 percent in April of 2014 following two straight months of declines. Sales increased to a seasonally adjusted annual rate of 433,000, up from a revised 407,000 in March.2014-05-23T15:18:20.347"
US Jobless Claims Rise in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise in Latest WeekUnited States Initial Jobless ClaimsIn the week ending May 17, the advance figure for seasonally adjusted initial claims was 326,000, an increase of 28,000 from the previous week's revised level. There were no special factors impacting this week's initial claims. 2014-05-22T15:24:14.333"
US Markit Manufacturing PMI Up to 3-Month High,Manufacturing Pmi,"US Markit Manufacturing PMI Up to 3-Month HighUnited States Manufacturing PmiThe US Markit Manufacturing PMI improved to a flash reading of 56.2 in May, from April’s 55.4, due to strong rises in production and output complemented by further payroll growth. 
2014-05-22T14:52:52.32"
US Consumer Sentiment Falls in May,Consumer Confidence,"US Consumer Sentiment Falls in MayUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's preliminary May reading on the overall index of consumer sentiment came in at 81.8, down from 84.1 in April, hurt by lower wage expectations.2014-05-16T15:14:21.523"
US Housing Starts Surge in April,Housing Starts,"US Housing Starts Surge in AprilUnited States Housing StartsPrivately-owned housing starts in April were at a seasonally adjusted annual rate of 1,072,000. This is 13.2 percent above the revised March estimate of 947,000 and is 26.4 percent above the April 2013 rate of 848,000.2014-05-16T13:35:23.44"
US Industrial Production Falls in April,Industrial Production Mom,US Industrial Production Falls in AprilUnited States Industrial Production MomUS industrial output decreased 0.6 percent in April 2014 after rising around 1 percent in both February and March. It is the biggest fall since August of 2012 caused by decline in both manufacturing and utilities output.2014-05-15T15:00:07.62
US Jobless Claims Down to 7-Year Low,Initial Jobless Claims,"US Jobless Claims Down to 7-Year LowUnited States Initial Jobless ClaimsIn the week ending May 10, the advance figure for seasonally adjusted initial claims was 297,000, a decrease of 24,000 from the previous week's revised level. This is the lowest level for initial claims since May 12, 2007 when they were 297,000. There were no special factors impacting this week's initial claims. 
2014-05-15T13:38:16.873"
US Durable Goods Orders Surge in March,Durable Goods Orders,US Durable Goods Orders Surge in MarchUnited States Durable Goods OrdersNew orders for manufactured durable goods increased 2.6 percent to $234.8 billion in March following a 2.1 percent growth in February. 2014-05-26T13:00:54.817
US Annual Inflation Rate Surges to 2% in April,Inflation Rate,"US Annual Inflation Rate Surges to 2% in AprilUnited States Inflation RateOver the last 12 months, consumer prices in US increased 2.0 percent, this compares to a 1.5 percent rise in March, and is the largest increase since July of 2013. 2014-05-15T13:42:01.44"
US Retail Sales Disappoint in April,Retail Sales Mom,"US Retail Sales Disappoint in AprilUnited States Retail Sales MomUS retail sales rose 0.1 percent in April of 2014, down from a revised 1.5 percent increase in the previous month, due to lower receipts in the furniture, electronic and appliance stores, restaurants, bars and online retailers.2014-05-13T14:11:02.1"
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest Week United States Initial Jobless ClaimsIn the week ending May 3, the advance figure for seasonally adjusted initial claims was 319,000, a decrease of 26,000 from the previous week's revised level. There were no special factors impacting this week's initial claims. 2014-05-08T13:37:52.453"
Yellen Raises Concerns over Housing Market,Interest Rate,"Yellen Raises Concerns over Housing Market United States Interest RateFederal Reserve Chairman Janet Yellen gave her assessment of the US economic outlook in a testimony before Congress, saying the economy was still in need of lots of support from the central bank. Yellen cited the slowdown in the housing market, geopolitical tensions and a return of financial stress in emerging markets as risks to growth.2014-05-07T16:18:19.77"
US Trade Deficit Narrows in March,Balance Of Trade,"US Trade Deficit Narrows in MarchUnited States Balance Of TradeU.S. trade gap fell 3.6 percent to $40.4 billion in March from $41.9 billion in February as exports rebounded to the second highest level on record supported by increase in shipments of gas, oil, commercial aircraft, cars and farm goods. 
2014-05-06T14:04:42.513"
US Service Sector Up to 8-Month High,Non Manufacturing Pmi,"US Service Sector Up to 8-Month HighUnited States Non Manufacturing PmiThe Institute for Supply Management index of non-manufacturing activity rose to 55.2 in April, up from 53.1 in March, as new orders surged and overall activity rose the most since early 2008.2014-05-05T15:12:00.67"
US Unemployment Rate Down to 5-1/2 Year Low,Unemployment Rate,"US Unemployment Rate Down to 5-1/2 Year LowUnited States Unemployment RateIn April of 2014, the jobless rate fell from 6.7 percent to 6.3 percent, the lowest rate since September of 2008, as both unemployed reentering the labor market and new entrants into the labor force fell.2014-05-02T13:59:50.763"
US Payrolls Rise More Than Expected in April,Non Farm Payrolls,"US Payrolls Rise More Than Expected in AprilUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 288K in April. Employment growth was widespread, led by gains in professional and business services, retail trade, food services and drinking places, and construction.2014-05-02T13:38:22.373"
US ISM Manufacturing PMI Up to 4-Month High,Business Confidence,"US ISM Manufacturing PMI Up to 4-Month High United States Business ConfidenceThe Institute for Supply Management national factory activity index accelerated to 54.9 percent in April, an increase of 1.2 percentage points from March's reading of 53.7 percent, as employment grew for the tenth consecutive month.  2014-05-01T15:45:32.813"
Markit Manufacturing PMI Slows Slightly in April,Manufacturing Pmi,"Markit Manufacturing PMI Slows Slightly in AprilUnited States Manufacturing PmiUS Manufacturing Purchasing Managers Index was 55.4 in April, down slightly from 55.5 in March, according to the final release from Markit. 2014-05-01T15:03:20.53"
US Consumer Spending Surges in March,Personal Spending,"US Consumer Spending Surges in MarchUnited States Personal SpendingUS consumer spending increased $107.2 billion or 0.9 percent in March, the biggest jump in almost 5 years, after a 0.5 percent gain in February.2014-05-01T13:48:13"
US Jobless Claims at Nine-Week High,Initial Jobless Claims,"US Jobless Claims at Nine-Week HighUnited States Initial Jobless ClaimsIn the week ending April 26, the advance figure for seasonally adjusted initial claims was 344,000, an increase of 14,000 from the previous week's revised level. There were no special factors impacting this week's initial claims. 2014-05-01T13:46:23.583"
Fed Trims Bond Buying Further,Interest Rate,"Fed Trims Bond Buying FurtherUnited States Interest RateAt its April 30th meeting, US Federal Reserve pared monthly asset buying to $45 billion, its fourth straight $10 billion cut and said the economy is gaining momentum as consumers spend more. 
2014-04-30T19:16:58.717"
US Economy Stalls in Q1,Gdp Growth Rate,US Economy Stalls in Q1United States Gdp Growth RateUnited States GDP increased at an annual rate of 0.1 percent in the first quarter as exports dropped and inventories climbed at a slower pace. 2014-04-30T13:42:28.607
U.S. Consumer Sentiment At 9 Month High in April,Consumer Confidence,"U.S. Consumer Sentiment At 9 Month High in AprilUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's final April reading on the overall index of consumer sentiment came in at 84.1, up from 80.0 the month before and above preliminary reading of 82.6.2014-04-25T15:44:11.49"
US Jobless Claims Rise in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise in Latest WeekUnited States Initial Jobless ClaimsIn the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.2014-04-24T13:38:34.36"
US New Home Sales Fall Sharply in March,New Home Sales,"US New Home Sales Fall Sharply in MarchUnited States New Home SalesSales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.2014-04-23T15:11:00.377"
US Markit Manufacturing PMI Steady in April,Manufacturing Pmi,"US Markit Manufacturing PMI Steady in AprilUnited States Manufacturing PmiAt 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.  
2014-04-23T14:53:00.83"
US Jobless Claims Rise Slightly,Initial Jobless Claims,"US Jobless Claims Rise Slightly United States Initial Jobless ClaimsIn the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims. 
2014-04-17T13:36:12.543"
US Industrial Production Slows in March,Industrial Production Mom,"US Industrial Production Slows in MarchUnited States Industrial Production MomIndustrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month. 2014-04-16T14:28:13.62"
US Housing Starts Rise Below Forecasts,Housing Starts,"US Housing Starts Rise Below ForecastsUnited States Housing StartsPrivately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year. 2014-04-16T13:40:50.517"
US Inflation Rate Up to 1.5% in March,Inflation Rate,"US Inflation Rate Up to 1.5% in MarchUnited States Inflation RateUS annual consumer prices accelerated to 1.5 percent in March, boosted by higher shelter and food cost. On a monthly basis, the inflation rate edged up to 0.2 percent, following a 0.1 percent increase in February. 2014-04-15T14:02:15.537"
US Retail Sales Beat Expectations in March,Retail Sales Mom,"US Retail Sales Beat Expectations in MarchUnited States Retail Sales MomRetail sales increased 1.1 percent over the previous month in March of 2014, up from a revised 0.7 percent rise in February. It is the biggest growth rate in 1-1/2 years. 2014-04-14T13:48:45.883"
US Consumer Sentiment Up to 9-Month High,Consumer Confidence,"US Consumer Sentiment Up to 9-Month HighUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment index increased to a preliminary reading of 82.6 in April of 2014, up from March’s final 80.0. It is the highest level since July of 2013, as current conditions and expectations surged.2014-04-11T15:05:26.307"
US Jobless Claims Down to Nearly 7-Year Low,Initial Jobless Claims,"US Jobless Claims Down to Nearly 7-Year LowUnited States Initial Jobless ClaimsIn the week ending April 5, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 32,000 from the previous week's revised level. The last time initial claims were this low was May 12, 2007 when they were 297,000. There were no special factors impacting this week's initial claims. 
2014-04-10T13:40:51.043"
US Unemployment Rate Steady at 6.7%,Unemployment Rate,"US Unemployment Rate Steady at 6.7%United States Unemployment RateIn March of 2014, the number of unemployed persons was essentially unchanged at 10.5 million, and the unemployment rate held at 6.7 percent. Over the year, the number of unemployed persons and the jobless rate were down by 1.2 million and 0.8 percentage point, respectively.2014-04-04T13:38:14.807"
US Non-Farm Payrolls Rise 192K in March,Non Farm Payrolls,"US Non-Farm Payrolls Rise 192K in MarchUnited States Non Farm PayrollsIn March, total nonfarm payroll employment rose by 192,000, down from 197,00 in the previous month. Job growth averaged 183,000 per month over the prior 12 months. In March, employment grew in professional and business services, in health care, and in mining and logging.2014-04-04T13:34:57.21"
US Service Sector Accelerates in March,Non Manufacturing Pmi,"US Service Sector Accelerates in MarchUnited States Non Manufacturing PmiThe Institute for Supply Management index of non-manufacturing activity rose to 53.1 in March, up from February’s reading of 51.6, as employment increased.2014-04-03T15:08:00.8"
US Trade Deficit Widens 7.7% in February,Balance Of Trade,"US Trade Deficit Widens 7.7% in FebruaryUnited States Balance Of TradeTotal February exports of $190.4 billion and imports of $232.7 billion resulted in a goods and services deficit of $42.3 billion, up from a revised $39.3 billion in January. Exports decreased 1.1 percent over the previous month to their lowest level since September of 2013.2014-04-03T13:44:51.64"
US Jobless Claims Rise by 16K in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise by 16K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending March 29, the advance figure for seasonally adjusted initial claims was 326,000, an increase of 16,000 from the previous week's revised figure of 310,000. The 4-week moving average was 319,500, an increase of 250 from the previous week's revised average of 319,250.2014-04-03T13:33:16.04"
US ISM Manufacturing PMI Accelerates for a Second Consecutive Month,Business Confidence,"US ISM Manufacturing PMI Accelerates for a Second Consecutive Month United States Business ConfidenceIn March of 2014, the ISM PMI registered 53.7 percent, an increase of 0.5 percentage point from February's reading of 53.2 percent, indicating expansion in manufacturing for the 10th consecutive month, due to a rebound in the production subindex and a rise in new orders.2014-04-01T14:10:01.33"
US Markit Manufacturing PMI Slows in March,Manufacturing Pmi,"US Markit Manufacturing PMI Slows in MarchUnited States Manufacturing PmiThe final Markit U.S. Manufacturing PMI registered 55.5 in March of 2014, unchanged from the earlier ‘flash’ reading, but down from 57.1 in the previous month. The main factor behind the drop was the suppliers’ delivery times component, and to a lesser extent the moderation in new order growth from February’s recent high.2014-04-01T13:56:05.607"
US Consumer Sentiment Down to 4-Month Low,Consumer Confidence,"US Consumer Sentiment Down to 4-Month LowUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment index came in at a final reading of 80.0 in March, marginally up from a preliminary 79.9, and down from 81.6 in February. It is the lowest rate since November of 2013, hurt by lower future expectations.2014-03-28T14:08:35.013"
US Personal Spending Rises in February,Personal Spending,"US Personal Spending Rises in FebruaryUnited States Personal SpendingU.S. consumer spending rose $30.8 billion, or 0.3 percent in February of 2014, after increasing by a revised 0.2 percent in January, due to higher demand for services, mainly health care and utilities.  2014-03-28T12:55:20.36"
US GDP Growth Revised Up to 2.6% in Q4,Gdp Growth Rate,"US GDP Growth Revised Up to 2.6% in Q4United States Gdp Growth RateU.S. economy grew more rapidly in the fourth quarter than previously estimated, according to the ""third"" estimate released by the Bureau of Economic Analysis. While personal consumption expenditures  climbed by the most in three years, private investment in inventories and in intellectual property products were revised down.2014-03-27T12:40:05.5"
US Jobless Claims Down to 4-Month Low,Initial Jobless Claims,"US Jobless Claims Down to 4-Month LowUnited States Initial Jobless ClaimsIn the week ending March 22, the advance figure for seasonally adjusted initial claims was 311,000, a decrease of 10,000 from the previous week's revised figure of 321,000. The 4-week moving average was 317,750, a decrease of 9,500 from the previous week's revised average of 327,250.2014-03-27T12:34:33.557"
US Durable Goods Orders Rise More Than Expected on Aircrafts,Durable Goods Orders,"US Durable Goods Orders Rise More Than Expected on AircraftsUnited States Durable Goods OrdersIn February of 2014, orders for long-lasting manufactured goods surged 2.2 percent over the previous month after contracting in the previous two months, boosted by aircraft orders.2014-03-26T13:01:41.327"
US New Home Sales Fall More Than Expected,New Home Sales,"US New Home Sales Fall More Than ExpectedUnited States New Home SalesSales of new single-family houses in February of 2014 were at a seasonally adjusted annual rate of 440 thousand. This is 3.3 percent below the revised January rate of 455,000 and is 1.1 percent below the February 2013 estimate of 445,000.2014-03-25T14:09:31.26"
US Manufacturing Activity Slows in March,Manufacturing Pmi,"US Manufacturing Activity Slows in MarchUnited States Manufacturing PmiThe Markit Flash U.S. Manufacturing PMI was recorded at 55.5 in March of 2014, down from 57.1 in February, but still the second highest since January of 2013. The new orders component fell to 58.0 from 59.6 in the previous month, output edged down to 57.5 from 57.8 while firms hired workers for a ninth consecutive month.2014-03-24T14:03:30.89"
US Jobless Claims Rise in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise in Latest WeekUnited States Initial Jobless ClaimsIn the week ending March 15, the advance figure for seasonally adjusted initial claims was 320,000, an increase of 5,000 from the previous week's unrevised figure of 315,000. The 4-week moving average was 327,000, a decrease of 3,500 from the previous week's unrevised average of 330,500.2014-03-20T12:34:31.397"
FED Cuts Bond Buying Program and Changes Forward Guidance,Interest Rate,"FED Cuts Bond Buying Program and Changes Forward GuidanceUnited States Interest RateAt its March 19th meeting, the U.S. Federal Reserve decided to drop the 6.5 percent unemployment threshold and pledged it would rely on a wide range of measures in deciding when to raise interest rates. The Fed also announced a further $10 billion cut in its monthly bond purchases.2014-03-19T18:29:05.89"
U.S. Housing Starts Fall 0.2% in February,Housing Starts,U.S. Housing Starts Fall 0.2% in FebruaryUnited States Housing StartsU.S. Housing starts were little changed in February after declining less than previously estimated a month earlier pointing to the stabilization in the home-building industry after winter weather disruptions.2014-03-18T12:43:14.133
US Inflation Rate Slows to 4-Month Low,Inflation Rate,"US Inflation Rate Slows to 4-Month LowUnited States Inflation RateUS consumer inflation slowed to an annual 1.1 percent in February of 2014 from 1.6 percent in the previous month. On a monthly basis, prices rose 0.1 percent, unchanged from January's rate, as a drop in gasoline prices offset an increase in the cost of food.2014-03-18T12:41:27.07"
US Industrial Production Up to 3-Month High,Industrial Production Mom,"US Industrial Production Up to 3-Month HighUnited States Industrial Production MomIndustrial production increased 0.6 percent in February of 2014 after having declined 0.2 percent in January. Manufacturing output rose 0.8 percent and nearly reversed its decline of 0.9 percent in January, which resulted, in part, from extreme weather. The gain in factory production in February was the largest since last August.2014-03-17T13:28:28.537"
US Consumer Sentiment Falls in March,Consumer Confidence,"US Consumer Sentiment Falls in MarchUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment index dipped slightly to a preliminary reading of 79.9 in March, from 81.6 in February, hurt by lower future expectations.2014-03-14T14:10:52.073"
U.S. Retail Sales Rebound in February,Retail Sales Mom,"U.S. Retail Sales Rebound in FebruaryUnited States Retail Sales MomU.S. retail and food services sales grew 0.3 percent in February, led by a surge in purchases of sporting and entertainment goods. It was the first increase in three months. 2014-03-13T12:53:49.93"
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsIn the week ending March 8, the advance figure for seasonally adjusted initial claims was 315,000, a decrease of 9,000 from the previous week's revised figure of 324,000. The 4-week moving average was 330,500, a decrease of 6,250 from the previous week's revised average of 336,750.2014-03-13T12:37:00.327"
US Unemployment Rate Rises Slightly in February,Unemployment Rate,"US Unemployment Rate Rises Slightly in FebruaryUnited States Unemployment RateUS jobless rate increased to 6.7 percent in February of 2014 from 6.6 percent in the previous month. Over the year, the number of unemployed persons and the unemployment rate were down by 1.6 million and 1.0 percentage point, respectively. 2014-03-07T13:58:54.29"
US Trade Deficit Widens Slightly In January,Balance Of Trade,"US Trade Deficit Widens Slightly In JanuaryUnited States Balance Of TradeTotal January exports of $192.5 billion and imports of $231.6 billion resulted in a goods and services deficit of $39.1 billion, up from $39.0 billion in December, revised. January exports were $1.2 billion more than December exports of $191.3 billion. January imports were $1.3 billion more than December imports of $230.3 billion.2014-03-07T13:48:46.687"
U.S. Payrolls Rise Above Expectations in February,Non Farm Payrolls,"U.S. Payrolls Rise Above Expectations in FebruaryUnited States Non Farm PayrollsTotal nonfarm payroll employment rose by 175,000 in February. Job growth averaged 189,000 per month over the prior 12 months. In February, job 
gains occurred in professional and business services and in wholesale trade, while information lost jobs.2014-03-07T13:36:13.643"
US Jobless Claims Down to 3-Month Low,Initial Jobless Claims,"US Jobless Claims Down to 3-Month LowUnited States Initial Jobless ClaimsIn the week ending March 1, the advance figure for seasonally adjusted initial claims was 323,000, a decrease of 26,000 from the previous week's revised figure of 349,000. The 4-week moving average was 336,500, a decrease of 2,000 from the previous week's revised average of 338,500.2014-03-06T13:34:03.837"
US Services Sector Slows to 2-Year Low,Non Manufacturing Pmi,"US Services Sector Slows to 2-Year LowUnited States Non Manufacturing PmiThe Institute for Supply Management index of non-manufacturing activity fell to 51.6 in February, 2.4 percentage points lower than January's reading of 54 percent. Employment and prices decreased while new orders slightly improved.2014-03-05T15:15:37.7"
US Markit Manufacturing PMI Rises More Than Expected,Manufacturing Pmi,"US Markit Manufacturing PMI Rises More Than ExpectedUnited States Manufacturing PmiIn February of 2014, the final seasonally adjusted U.S. Manufacturing Purchasing Managers’ Index stood at 57.1, it was the strongest improvement in business conditions for 45 months. The earlier ‘flash’ reading for February was 56.7.2014-03-03T17:38:32.613"
US Manufacturing Sector Accelerates in February,Business Confidence,"US Manufacturing Sector Accelerates in FebruaryUnited States Business ConfidenceThe Institute for Supply Management index of national factory activity rose to 53.2 in February after slumping to 51.3 in January, which was the weakest reading since May. New orders, supplier deliveries, inventories and order backlogs bounced back while production fell.
2014-03-03T17:34:59.393"
US Personal Spending Rises in January,Personal Spending,"US Personal Spending Rises in JanuaryUnited States Personal SpendingPersonal consumption expenditures increased $48.1 billion, or 0.4 percent in the first month of 2014, after advancing by a revised 0.1 percent in December.2014-03-03T13:52:47.497"
US Consumer Sentiment Improves in February,Consumer Confidence,"US Consumer Sentiment Improves in FebruaryUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment index rose to 81.6 in February, up from a preliminary reading of 81.2.2014-02-28T15:08:29.703"
US GDP Growth Revised Down to 2.4% in Q4,Gdp Growth Rate,US GDP Growth Revised Down to 2.4% in Q4United States Gdp Growth RateReal gross domestic product in the United States increased at an annual rate of 2.4 percent in the fourth quarter of 2013 compared with the 3.2 percent gain issued last month as consumer spending and exports grew less than initially thought. 2014-02-28T13:45:51.03
U.S. Durable Goods Orders Decline 1% in January,Durable Goods Orders,U.S. Durable Goods Orders Decline 1% in JanuaryUnited States Durable Goods OrdersOrders for U.S. durable goods fell 1.0% in January as demand fell in almost every major category except military hardware.2014-02-27T13:49:43.037
US Jobless Claims Surprisingly Up in Latest Week,Initial Jobless Claims,"US Jobless Claims Surprisingly Up in Latest WeekUnited States Initial Jobless ClaimsIn the week ending February 22, the advance figure for seasonally adjusted initial claims was 348,000, an increase of 14,000 from the previous week's revised figure of 334,000. The 4-week moving average was 338,250, unchanged from the previous week's revised average.2014-02-27T13:35:30.12"
US New Home Sales Jump to 5-1/2-Year High,New Home Sales,US New Home Sales Jump to 5-1/2-Year HighUnited States New Home SalesSales of new single-family houses in January 2014 were at a seasonally adjusted annual rate of 468 thousand. This is 9.6 percent above the revised December rate of 427 thousand.2014-02-26T15:11:59.753
US Factory Activity Accelerates in February,Manufacturing Pmi,"US Factory Activity Accelerates in FebruaryUnited States Manufacturing PmiU.S. Manufacturing Purchasing Managers Index rose to 56.7 in February, its highest since May 2010, compared to 53.7 in the final reading for January according to the flash report released by Markit. 
2014-02-20T14:38:34.623"
US Annual Inflation Rate Up 1.6% in January,Inflation Rate,"US Annual Inflation Rate Up 1.6% in JanuaryUnited States Inflation RateOver the last 12 months, the all items consumer price index rose by 1.6 percent before seasonal adjustment, the most since July. Increases in the cost of household energy, medical care and shelter accounted for most of the growth. 
2014-02-20T14:02:42.007"
US Jobless Claims Fall to 336K,Initial Jobless Claims,"US Jobless Claims Fall to 336KUnited States Initial Jobless ClaimsIn the week ending February 15, the advance figure for seasonally adjusted initial claims was 336,000, a decrease of 3,000 from the previous week's unrevised figure of 339,000. The 4-week moving average was 338,500, an increase of 1,750 from the previous week's unrevised average of 336,750.2014-02-20T13:34:07.343"
US Housing Starts Tumble in January,Housing Starts,"US Housing Starts Tumble in JanuaryUnited States Housing StartsPrivately-owned housing starts in January were at a seasonally adjusted annual rate of 880,000. This is 16.0 percent below the revised December estimate of 1,048,000 and is 2.0 percent below the January 2013 rate of 898,000.2014-02-19T13:39:04.11"
US Consumer Sentiment Resilient in February,Consumer Confidence,"US Consumer Sentiment Resilient in FebruaryUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment index remained steady in February. The preliminary reading stood at 81.2, the same as January’s final reading.2014-02-14T15:05:05.077"
US Industrial Production Falls 0.3% in January,Industrial Production Mom,"US Industrial Production Falls 0.3% in JanuaryUnited States Industrial Production MomUS industrial production decreased 0.3 percent in the first month of 2014, after having risen 0.3 percent in December, as manufacturing was hurt by severe weather conditions.2014-02-14T14:24:15.92"
U.S. Retail Sales Down 0.4% In January,Retail Sales Mom,"U.S. Retail Sales Down 0.4% In JanuaryUnited States Retail Sales MomU.S. retail and food services sales for January fell 0.4 percent, led by a drop in automobile sales. It was the biggest decline in 10 months.

2014-02-13T14:13:46.943"
US Jobless Claims Rise to 339K in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise to 339K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending February 8, the advance figure for seasonally adjusted initial claims was 339,000, an increase of 8,000 from the previous week's unrevised figure of 331,000. The 4-week moving average was 336,750, an increase of 3,500 from the previous week's revised average of 333,250.2014-02-13T13:35:06.083"
Yellen Confirms Fed to Keep Trimming Stimulus,Interest Rate,Yellen Confirms Fed to Keep Trimming StimulusUnited States Interest RateFederal Reserve Chairman Janet Yellen pledged to maintain her predecessor’s policies by scaling back stimulus in “measured steps” and pledged that only a domestic slowdown will influence US monetary policy.2014-02-11T23:19:46.6
U.S. Payrolls Rise Less Than Forecast,Non Farm Payrolls,"U.S. Payrolls Rise Less Than ForecastUnited States Non Farm PayrollsTotal nonfarm payroll employment increased only by 113,000 in January. Job gains occurred in construction, manufacturing, wholesale trade, and mining while retailers and government agencies cut payrolls.2014-02-07T13:41:51.477"
US Unemployment Rate Down to 6.6% in January,Unemployment Rate,"US Unemployment Rate Down to 6.6% in JanuaryUnited States Unemployment RateUS unemployment rate hit a new five-year low of 6.6 percent in January of 2014. Since October, the jobless rate has decreased by 0.6 percentage point. 2014-02-07T13:39:52.65"
US Trade Deficit Widens In December,Balance Of Trade,"US Trade Deficit Widens In DecemberUnited States Balance Of TradeDecember exports of $191.3 billion and imports of $230.0 billion resulted in a goods and services deficit of $38.7 billion, up from $34.6 billion in November, revised. December exports were $3.5 billion less than November exports of $194.8 billion. December imports were $0.6 billion more than November imports of $229.4 billion.2014-02-06T13:39:04.12"
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsIn the week ending February 1, the advance figure for seasonally adjusted initial claims was 331,000, a decrease of 20,000 from the previous week's revised figure of 351,000. The 4-week moving average was 334,000, an increase of 250 from the previous week's revised average of 333,750.2014-02-06T13:36:44.853"
US Manufacturing Sector Slows for Second Straight Month,Business Confidence,"US Manufacturing Sector Slows for Second Straight MonthUnited States Business ConfidenceIn January of 2014, the US ISM Manufacturing PMI registered 51.3 percent, a decrease of 5.2 percentage points from December's seasonally adjusted reading of 56.5 percent, due to a sharp fall in new orders.
2014-02-03T15:14:39.94"
US Consumer Sentiment Falters in January,Consumer Confidence,"US Consumer Sentiment Falters in JanuaryUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment index fell in January to a final reading of 81.2, from 82.5 in December, but went up from a preliminary reading of 80.4. The sentiment index was hurt by lower expectations among lower and middle-income households.2014-01-31T15:30:21.57"
US Personal Spending Beats Expectations in December,Personal Spending,"US Personal Spending Beats Expectations in DecemberUnited States Personal SpendingIn December of 2013, US consumer spending rose 0.4 percent over the previous month, above market expectations, but down from a revised 0.6 percent growth in the previous month. 2014-01-31T13:42:15.347"
U.S. Economy Expands 3.2% in Q4,Gdp Growth Rate,"U.S. Economy Expands 3.2% in Q4United States Gdp Growth RateReal GDP in the United States grew at an annualised 3.2 percent pace in the fourth quarter of 2013, as consumer spending 
grew the most in three years. The ""advance"" estimate released by the Bureau of Economic Analysis matched the expectations.  
2014-01-30T13:57:09.377"
US Jobless Claims Up to 6-Week High,Initial Jobless Claims,"US Jobless Claims Up to 6-Week HighUnited States Initial Jobless ClaimsIn the week ending January 25, the advance figure for seasonally adjusted initial claims was 348,000, an increase of 19,000 from the previous week's revised figure of 329,000. The 4-week moving average was 333,000, an increase of 750 from the previous week's revised average of 332,250.2014-01-30T13:36:12.587"
Fed Cuts QE to $65 Billion,Interest Rate,Fed Cuts QE to $65 BillionUnited States Interest RateThe U.S. Federal Reserve on January 29th announced a further $10 billion reduction in its monthly bond purchases sticking to its plan for a gradual withdrawal of unprecedented easing policy.2014-01-29T19:16:35.583
US Durable Goods Orders Fall in December,Durable Goods Orders,"US Durable Goods Orders Fall in DecemberUnited States Durable Goods OrdersIn December of 2013, US durable goods orders, a proxy for business investment, dropped 4.3 percent over the previous month. It is the worst rate in the last five months.  2014-01-28T13:49:45.477"
US New Home Sales Fall for the Second Straight Month,New Home Sales,"US New Home Sales Fall for the Second Straight MonthUnited States New Home SalesSales of new single-family houses in December 2013 were at a seasonally adjusted annual rate of 414,000. This is 7.0 percent below the revised November rate of 445,000, but is 4.5 percent above the December 2012 estimate of 396,000.2014-01-27T15:06:07.743"
US Jobless Claims Rise Modestly in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise Modestly in Latest WeekUnited States Initial Jobless ClaimsIn the week ending January 18, the advance figure for seasonally adjusted initial claims was 326,000, an increase of 1,000 from the previous week's revised figure of 325,000. The 4-week moving average was 331,500, a decrease of 3,750 from the previous week's revised average of 335,250.2014-01-23T13:35:59.357"
US Consumer Sentiment Falls in January,Consumer Confidence,"US Consumer Sentiment Falls in JanuaryUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment index fell in January to a preliminary reading of 80.4, from 82.5 in December, hurt by lower expectations among lower and middle-income households.2014-01-17T15:19:53.947"
US Industrial Production Slows in December,Industrial Production Mom,"US Industrial Production Slows in DecemberUnited States Industrial Production MomIn December of 2013, US industrial production slowed to 0.3 percent, down from a revised 1 percent in November. For the fourth quarter as a whole, industrial production advanced at an annual rate of 6.8 percent, the largest quarterly increase since the second quarter of 2010. 2014-01-17T14:30:15.51"
US Housing Starts Fall 9.8% in December,Housing Starts,"US Housing Starts Fall 9.8% in DecemberUnited States Housing StartsPrivately-owned housing starts in December were at a seasonally adjusted annual rate of 999,000. This is 9.8 percent below the revised November estimate of 1,107,000, but is 1.6 percent above the December 2012 rate of 983,000.2014-01-17T13:37:14.443"
US Annual Inflation Rate up to 1.5% in December,Inflation Rate,"US Annual Inflation Rate up to 1.5% in December United States Inflation RateThe Consumer Price Index for All Urban Consumers increased 1.5 percent over the last 12 months to an index level of 233.049.  On a seasonally adjusted basis, the inflation rate rose 0.3 percent, led by gains in fuel and rents.2014-01-16T13:42:32.983"
US Jobless Claims Fall For the Second Consecutive Week,Initial Jobless Claims,"US Jobless Claims Fall For the Second Consecutive WeekUnited States Initial Jobless ClaimsIn the week ending January 11, the advance figure for seasonally adjusted initial claims was 326,000, a decrease of 2,000 from the previous week's revised figure of 328,000. The 4-week moving average was 335,000, a decrease of 13,500 from the previous week's revised average of 348,500.2014-01-16T13:35:10.89"
US Retail Sales Rise More Than Forecast in December,Retail Sales Mom,"US Retail Sales Rise More Than Forecast in DecemberUnited States Retail Sales MomIn December of 2013, US retail sales increased 0.2 percent, down from a  revised 0.4 percent in November but above market expectations. Retail sales excluding automobiles, gasoline, building materials and food services, increased 0.7 percent last month after a 0.2 percent rise in November.2014-01-14T13:56:31.927"
U.S. Posts Budget Surplus In December,Government Budget Value,"U.S. Posts Budget Surplus In DecemberUnited States Government Budget ValueU.S. federal government posted the largest budget surplus for any December on record, boosted by  higher payroll taxes and nearly $40 billion dividend payments from government-controlled Fannie Mae and Freddie Mac.
2014-01-13T19:25:00.647"
US Non-Farm Payrolls Rise 74K in December,Non Farm Payrolls,"US Non-Farm Payrolls Rise 74K in DecemberUnited States Non Farm PayrollsU.S. economy added only 74,000 jobs in December, the slowest pace since January of 2011. Job gains occurred in retail trade and wholesale trade, while employment declined in information.2014-01-10T13:51:36.037"
United States Unemployment Rate Down to 5-Year Low in December,Unemployment Rate,"United States Unemployment Rate Down to 5-Year Low in DecemberUnited States Unemployment RateIn December, US unemployment rate eased from 7.0 percent to 6.7 percent, the lowest level since October of 2008. The number of unemployed persons declined by 490,000 to 10.4 million. Over the year, the number of unemployed persons and the unemployment rate were down by 1.9 million and 1.2 percentage points, respectively.2014-01-10T13:39:14.63"
US Jobless Claims Down to 330K,Initial Jobless Claims,"US Jobless Claims Down to 330K United States Initial Jobless ClaimsIn the week ending January 4, the advance figure for seasonally adjusted initial claims was 330,000, a decrease of 15,000 from the previous week's revised figure of 345,000. The 4-week moving average was 349,000, a decrease of 9,750 from the previous week's revised average of 358,750.2014-01-09T13:35:00.397"
US Trade Deficit Shrinks in November,Balance Of Trade,"US Trade Deficit Shrinks in NovemberUnited States Balance Of TradeU.S. trade gap fell 12.9 percent to $34.3 billion in November, the smallest in four years. Exports hit a record high of $194.9 billion and imports declined to $229 billion. 2014-01-07T13:51:16.953"
US ISM Manufacturing PMI Falls Slightly in December,Business Confidence,"US ISM Manufacturing PMI Falls Slightly in DecemberUnited States Business ConfidenceThe PMI™ registered 57 percent, the second highest reading for the year, just 0.3 percentage point below November's reading of 57.3 percent. Hiring hit a 2-1/2-year high and the volume of new orders rose to its highest since early 2010.2014-01-02T19:37:57.23"
US Jobless Claims Down to 339K in Latest Week,Initial Jobless Claims,"US Jobless Claims Down to 339K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending December 28, the advance figure for seasonally adjusted initial claims was 339,000, a decrease of 2,000 from the previous week's revised figure of 341,000. The 4-week moving average was 357,250, an increase of 8,500 from the previous week's revised average of 348,750.2014-01-02T13:33:53.427"
US Jobless Claims Fall in Latest Week,Initial Jobless Claims,"US Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsIn the week ending December 21, the advance figure for seasonally adjusted initial claims was 338,000, a decrease of 42,000 from the previous week's revised figure of 380,000. The 4-week moving average was 348,000, an increase of 4,250 from the previous week's revised average of 343,750.2013-12-26T13:34:37.66"
US New Home Sales Fall From 5-Year High,New Home Sales,"US New Home Sales Fall From 5-Year High United States New Home SalesIn November of 2013, sales of new single-family houses in the US were at a seasonally adjusted annual rate of 464,000. This is 2.1 percent below the revised October rate of 474,000, the highest in 5 years, but is 16.6 percent above the November 2012 estimate of 398,000.2013-12-24T15:09:33.263"
US Durable Goods Orders Rise in November,Durable Goods Orders,"US Durable Goods Orders Rise in NovemberUnited States Durable Goods OrdersIn November of 2013, US durable goods orders increased 3.5 percent, up from a revised 0.7 percent fall in October, as demand rose for several goods from aircraft to machinery and computers.2013-12-24T13:48:49.553"
US Consumer Sentiment Rises in December,Consumer Confidence,"US Consumer Sentiment Rises in DecemberUnited States Consumer ConfidenceIn December of 2013, the Thomson Reuters/University of Michigan's final consumer sentiment index rose to 82.5, from 75.1 in November and unchanged from the preliminary reading. It is the highest value since July.2013-12-23T15:02:11.093"
U.S. Consumer Spending Rises to 5-month High in November,Personal Spending,"U.S. Consumer Spending Rises to 5-month High in NovemberUnited States Personal SpendingIn November of 2013, US consumer spending accelerated for the third straight month to 0.5 percent mom, the highest growth rate in five months.2013-12-23T13:46:40.093"
US Final GDP Growth Beats Expectations in Q3,Gdp Growth Rate,"US Final GDP Growth Beats Expectations in Q3United States Gdp Growth RateIn the third quarter of 2013, the US economy expanded at its fastest pace in almost two years. The GDP advanced by an annual 4.1 percent, according to the third estimate released by the Bureau of Economic Analysis. In the second estimate, the increase in real GDP was 3.6 percent.  In the second quarter, the GDP advanced 2.5 percent.2013-12-20T13:43:31.23"
US Jobless Claims Surge to Near 9-Month High,Initial Jobless Claims,"US Jobless Claims Surge to Near 9-Month HighUnited States Initial Jobless ClaimsIn the week ending December 14, the advance figure for seasonally adjusted initial claims was 379,000, an increase of 10,000 from the previous week's figure of 369,000. The 4-week moving average was 343,500, an increase of 13,250 from the previous week's revised average of 330,250.2013-12-19T13:34:17.193"
US Fed Cuts Bond Buying Program,Interest Rate,"US Fed Cuts Bond Buying ProgramUnited States Interest RateThe US Federal Reserve said it would reduce its monthly asset purchases by $10 billion to total $75 billion on December 18th. The Committee also confirmed its key interest rate would stay close to zero “well past the time that the unemployment rate declines below 6.5 per cent”.


2013-12-18T19:26:00.99"
U.S. Housing Starts Near 6-Year High in November,Housing Starts,"U.S. Housing Starts Near 6-Year High in NovemberUnited States Housing StartsPrivately-owned housing starts in November were at a seasonally adjusted annual rate of 1,091,000. This is 22.7 percent above the revised October estimate of 889,000 and is 29.6 percent above the November 2012 rate of 842,000.2013-12-18T14:00:02.22"
U.S. Inflation Rate Up to 1.2% in November,Inflation Rate,"U.S. Inflation Rate Up to 1.2% in November United States Inflation RateIn November of 2013, US inflation rate accelerated to 1.2 percent, after slowing to a four-year low in October. On a monthly basis, prices remained unchanged, due to lower gasoline and natural gas prices.2013-12-17T13:38:35.223"
US Industrial Production Beats Expectations in November,Industrial Production Mom,"US Industrial Production Beats Expectations in November United States Industrial Production MomIndustrial production increased 1.1 percent in November after having edged up 0.1 percent in October; output was previously reported to have declined 0.1 percent in October. The gain in November was the largest since November 2012, when production rose 1.3 percent.2013-12-16T16:47:31.377"
US Retails Sales Rise the Most in Five Months,Retail Sales Mom,"US Retails Sales Rise the Most in Five MonthsUnited States Retail Sales MomU.S. retail and food services sales for November were up 0.7 percent from the previous month boosted by a 1.8 percent increase in receipts at auto and parts dealers. 

2013-12-12T13:47:52.443"
US Jobless Claims Rise in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise in Latest WeekUnited States Initial Jobless ClaimsIn the week ending December 7, the advance figure for seasonally adjusted initial claims was 368,000, an increase of 68,000 from the previous week's revised figure of 300,000. The 4-week moving average was 328,750, an increase of 6,000 from the previous week's revised average of 322,750.2013-12-12T13:34:30.503"
US Consumer Sentiment Jumps in December,Consumer Confidence,"US Consumer Sentiment Jumps in DecemberUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment index rose in December to a preliminary reading of 82.5, from 75.1 in November. It is the highest value since July, due to an improved outlook on the economy and employment.2013-12-06T15:05:14.98"
US Unemployment Rate Lowest in Five Years,Unemployment Rate,"US Unemployment Rate Lowest in Five YearsUnited States Unemployment RateUS unemployment rate declined from 7.3 percent to 7.0 percent in November, and total nonfarm payroll employment rose by 203,000, the U.S. Bureau of Labor Statistics reported on December 6th. Employment increased in transportation and warehousing, health care, and manufacturing. 
2013-12-06T13:42:17.753"
US Nonfarm Payrolls Slightly Up to 203K in November,Non Farm Payrolls,"US Nonfarm Payrolls Slightly Up to 203K in NovemberUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 203,000 in November, slightly up from a revised 200,000 in October. Job growth averaged 195,000 per month over the prior 12 months. In November, job gains occurred in transportation and warehousing, health care, and manufacturing.2013-12-06T13:38:19.013"
US GDP Growth Revised up to 3.6% in Q3,Gdp Growth Rate,"US GDP Growth Revised up to 3.6% in Q3United States Gdp Growth RateReal gross domestic product in the United States increased at an annual rate of 3.6 percent in the third quarter of 2013 (that is, from the second quarter to the third quarter), according to the ""second"" estimate released by the Bureau of Economic Analysis. With this second estimate for the third quarter, the increase in private inventory investment was larger than previously estimated.2013-12-05T13:39:17.47"
US Jobless Claims Down to 12-Week Low,Initial Jobless Claims,"US Jobless Claims Down to 12-Week LowUnited States Initial Jobless ClaimsIn the week ending November 30, the advance figure for seasonally adjusted initial claims was 298,000, a decrease of 23,000 from the previous week's revised figure of 321,000. The 4-week moving average was 322,250, a decrease of 10,750 from the previous week's revised average of 333,000.2013-12-05T13:36:50.943"
US Trade Deficit Narrows in October on Record Exports,Balance Of Trade,"US Trade Deficit Narrows in October on Record ExportsUnited States Balance Of TradeUnited States trade gap shrank to $40.6 billion in October of 2013, down from $43.0 billion in September. Exports increased 1.8 percent to $192.7 billion, while imports rose 0.4 percent to $233.3 billion. 2013-12-04T13:52:31.82"
US ISM Manufacturing Hits Its Highest Since April of 2011,Business Confidence,"US ISM Manufacturing Hits Its Highest Since April of 2011United States Business ConfidenceIn November of 2013, the PMI™ registered 57.3 percent, an increase of 0.9 percentage point from October's reading of 56.4 percent. The PMI™ has increased progressively each month since June, with November's reading reflecting the highest PMI™ in 2013.2013-12-02T15:21:19.04"
US Consumer Sentiment Beats Expectations,Consumer Confidence,"US Consumer Sentiment Beats ExpectationsUnited States Consumer ConfidenceIn November of 2013, the Thomson Reuters/University of Michigan's final consumer sentiment index rose to 75.1 from a preliminary reading of 72.0. The index rose for the first time in four months, up from 73.2 in October.2013-11-27T15:08:46.897"
US Jobless Claims Down to 316K in Latest Week,Initial Jobless Claims,"US Jobless Claims Down to 316K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending November 23, the advance figure for seasonally adjusted initial claims was 316,000, a decrease of 10,000 from the previous week's revised figure of 326,000. The 4-week moving average was 331,750, a decrease of 7,500 from the previous week's revised average of 339,250.2013-11-27T13:36:15.56"
US Jobless Claims Down to 7-Week Low,Initial Jobless Claims,"US Jobless Claims Down to 7-Week LowUnited States Initial Jobless ClaimsIn the week ending November 16, the advance figure for seasonally adjusted initial claims was 323,000, a decrease of 21,000 from the previous week's revised figure of 344,000. The 4-week moving average was 338,500, a decrease of 6,750 from the previous week's revised average of 345,250.2013-11-21T13:35:09.5"
US Inflation Rate Slows to 4-Year Low in October,Inflation Rate,"US Inflation Rate Slows to 4-Year Low in OctoberUnited States Inflation RateIn October of 2013, the US inflation rate eased for the third straight month to 1 percent, the lowest rate since October of 2009. From September, prices dropped 0.1 percent, mainly due to a fall in gasoline prices.
2013-11-20T13:47:53.063"
US Retail Sales Beat Forecasts in October,Retail Sales Mom,"US Retail Sales Beat Forecasts in OctoberUnited States Retail Sales MomThe advance estimates of U.S. retail and food services sales for October, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $428.1 billion, an increase of 0.4 percent from the previous month, and 3.9 percent above October 2012. 2013-11-20T13:54:00.573"
US Trade Deficit Widens in September,Balance Of Trade,"US Trade Deficit Widens in SeptemberUnited States Balance Of TradeTotal September exports of $188.9 billion and imports of $230.7 billion resulted in a goods and services deficit of $41.8 billion, up from $38.7 billion in August, revised. 2013-11-14T13:43:46.353"
U.S. Jobless Claims Fall in Latest Week,Initial Jobless Claims,"U.S. Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsIn the week ending November 9, the advance figure for seasonally adjusted initial claims was 339,000, a decrease of 2,000 from the previous week's revised figure of 341,000. The 4-week moving average was 344,000, a decrease of 5,750 from the previous week's revised average of 349,750.2013-11-14T13:35:06.877"
US Consumer Sentiment Down to 23-Month Low in November,Consumer Confidence,"US Consumer Sentiment Down to 23-Month Low in NovemberUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment index dropped in November to a preliminary reading of 72.0, the lowest value since December of 2011.2013-11-08T15:07:17.417"
US Nonfarm Payroll Employment Rises to 204K in October,Non Farm Payrolls,"US Nonfarm Payroll Employment Rises to 204K in OctoberUnited States Non Farm PayrollsNonfarm payroll employment rose by 204,000 in October, and the unemployment rate increased to 7.3 percent, the U.S. Bureau of Labor Statistics reported on November 8th.
2013-11-08T13:44:48.567"
U.S. Unemployment Rate Up to 7.3% in October,Unemployment Rate,"U.S. Unemployment Rate Up to 7.3% in OctoberUnited States Unemployment RateU.S. unemployment rate was little changed at 7.3 percent in October and total nonfarm payroll employment rose by 204,000, the U.S. Bureau of Labor Statistics reported on November 8th. Employment increased in leisure and hospitality, retail trade, professional and technical services, manufacturing, and health care.2013-11-08T13:41:38.23"
U.S. Economy Grows Faster Than Expected in Q3,Gdp Growth Rate,"U.S. Economy Grows Faster Than Expected in Q3United States Gdp Growth RateReal gross domestic product in the United States increased at an annual rate of 2.8 percent in the third quarter of 2013, according to the ""advance"" estimate released by the Bureau of Economic Analysis. While change in inventories was the main source of expansion, consumer and business spending growth slowed sharply.2013-11-07T13:47:01.87"
U.S. Jobless Claims Down to 336K in Latest Week,Initial Jobless Claims,"U.S. Jobless Claims Down to 336K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending November 2, the advance figure for seasonally adjusted initial claims was 336,000, a decrease of 9,000 from the previous week's revised figure of 345,000. The 4-week moving average was 348,250, a decrease of 9,250 from the previous week's revised average of 357,500.2013-11-07T13:36:23.023"
U.S. ISM Manufacturing Index Up to 2 1/2-Year High in October,Business Confidence,"U.S. ISM Manufacturing Index Up to 2 1/2-Year High in OctoberUnited States Business ConfidenceEconomic activity in the manufacturing sector expanded in October for the fifth consecutive month, and the overall economy grew for the 53rd consecutive month. The PMI™ rose to 56.4 percent  in October from September's reading of 56.2 percent. 2013-11-01T15:50:22.03"
U.S. Jobless Claims Fall in Latest Week,Initial Jobless Claims,"U.S. Jobless Claims Fall in Latest WeekUnited States Initial Jobless ClaimsIn the week ending October 26, the advance figure for seasonally adjusted initial claims was 340,000, a decrease of 10,000 from the previous week's unrevised figure of 350,000. The 4-week moving average was 356,250, an increase of 8,000 from the previous week's unrevised average of 348,250.
2013-10-31T12:42:41.43"
Fed Leaves Bond Buying Program Unchanged,Interest Rate,Fed Leaves Bond Buying Program UnchangedUnited States Interest RateFederal Reserve extended its support for a slowing U.S. economy on October 30th and decided to keep buying $85 billion in bonds per month for the time being. 2013-10-30T18:10:04.233
US Inflation Rate Down to 1.2% in September,Inflation Rate,"US Inflation Rate Down to 1.2% in SeptemberUnited States Inflation RateIn September of 2013, the Consumer Price Index for all items eased for the third month in a row to 1.2 percent before seasonal adjustment. All Urban Consumers CPI increased 0.2 percent from August, on a seasonally adjusted basis . 2013-10-30T12:46:31.67"
U.S. Retail Sales Fall 0.1% in September,Retail Sales Mom,"U.S. Retail Sales Fall 0.1% in SeptemberUnited States Retail Sales MomAdvance estimates of U.S. retail and food services sales for September, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $425.9 billion, a decrease of 0.1 percent from the previous month, but 3.2 percent above September 2012. 2013-10-29T13:14:02.837"
US Consumer Sentiment Down In October,Consumer Confidence,"US Consumer Sentiment Down In October United States Consumer ConfidenceIn October of 2013, the Thomson Reuters/University of Michigan's final consumer sentiment index dropped to 73.2, from 77.5 recorded in September.2013-10-25T15:32:20.977"
U.S. Trade Deficit Narrows Slightly in August,Balance Of Trade,"U.S. Trade Deficit Narrows Slightly in AugustUnited States Balance Of TradeTotal August exports of $189.2 billion and imports of $228.0 billion resulted in a goods and services deficit of $38.8 billion, up from $38.6 billion in July, revised. Exports declined 0.1 percent compared to July while imports were flat.2013-10-24T13:42:04.52"
U.S. Jobless Claims Fall Less Than Expected In Latest Week,Initial Jobless Claims,"U.S. Jobless Claims Fall Less Than Expected In Latest WeekUnited States Initial Jobless ClaimsIn the week ending October 19, the advance figure for seasonally adjusted initial claims was 350,000, a decrease of 12,000 from the previous week's revised figure of 362,000. The 4-week moving average was 348,250, an increase of 10,750 from the previous week's revised average of 337,500.2013-10-24T13:36:56.693"
U.S. Unemployment Rate Down to 7.2% in September,Unemployment Rate,"U.S. Unemployment Rate Down to 7.2% in SeptemberUnited States Unemployment RateU.S. unemployment rate was little changed at 7.2 percent in September and total nonfarm payroll employment rose by 148,000, the U.S. Bureau of Labor Statistics reported on October 22nd. Employment increased in construction, wholesale trade, and transportation and warehousing.2013-10-22T13:51:25.44"
U.S. Payrolls Rise Less Than Expected in September,Non Farm Payrolls,"U.S. Payrolls Rise Less Than Expected in SeptemberUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 148,000 in September, with gains in construction, wholesale trade, and transportation and warehousing. Over the prior 12 months, employment growth averaged 185,000 per month.2013-10-22T13:44:06.72"
US Jobless Claims Down to 358K In Latest Week,Initial Jobless Claims,"US Jobless Claims Down to 358K In Latest WeekUnited States Initial Jobless ClaimsIn the week ending October 12, the advance figure for seasonally adjusted initial claims was 358,000, a decrease of 15,000 from the previous week's revised figure of 373,000. The 4-week moving average was 336,500, an increase of 11,750 from the previous week's revised average of 324,750.2013-10-17T13:39:08.37"
US Consumer Sentiment Falls in October,Consumer Confidence,"US Consumer Sentiment Falls in OctoberUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment index dropped in October to a preliminary reading of 75.2, from September’s final figure of 77.5.2013-10-11T15:10:38.673"
U.S. Jobless Claims Up to 374K in Latest Week,Initial Jobless Claims,"U.S. Jobless Claims Up to 374K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending October 5, the advance figure for seasonally adjusted initial claims was 374,000, an increase of 66,000 from the previous week's unrevised figure of 308,000. The 4-week moving average was 325,000, an increase of 20,000 from the previous week's unrevised average of 305,000.2013-10-10T13:41:15.523"
U.S. Jobless Claims Up to 308K In Latest Week,Initial Jobless Claims,"U.S. Jobless Claims Up to 308K In Latest WeekUnited States Initial Jobless ClaimsIn the week ending September 28, the advance figure for seasonally adjusted initial claims was 308,000, an increase of 1,000 from the previous week's revised figure of 307,000. The 4-week moving average was 305,000, a decrease of 3,750 from the previous week's revised average of 308,750.2013-10-03T13:34:59.177"
US ISM Manufacturing Index Rises to 30-Month High In September,Business Confidence,"US ISM Manufacturing Index Rises to 30-Month High In September United States Business ConfidenceEconomic activity in the manufacturing sector expanded in September for the fourth consecutive month, and the overall economy grew for the 52nd consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.2013-10-01T15:11:32.497"
US Consumer Sentiment Down to 5-Month Low in Septemebr,Consumer Confidence,"US Consumer Sentiment Down to 5-Month Low in SeptemebrUnited States Consumer ConfidenceIn September of 2013, The Thomson Reuters/University of Michigan's final consumer sentiment index dropped to 77.5, from 82.1 recorded in August.2013-09-27T15:14:25.477"
U.S. Jobless Claims Down to 305K In Latest Week,Initial Jobless Claims,"U.S. Jobless Claims Down to 305K In Latest WeekUnited States Initial Jobless ClaimsIn the week ending September 21, the advance figure for seasonally adjusted initial claims was 305,000, a decrease of 5,000 from the previous week's revised figure of 310,000. The 4-week moving average was 308,000, a decrease of 7,000 from the previous week's revised average of 315,000.2013-09-26T13:56:39.157"
US GDP Growth Confirmed at 2.5% in Q2,Gdp Growth Rate,"US GDP Growth Confirmed at 2.5% in Q2United States Gdp Growth RateUS GDP expanded at an annual rate of 2.5 percent in the second quarter of 2013, according to BEA's third estimate and unchanged from second estimate released later August. The acceleration in GDP primarily reflected upturns in exports and in nonresidential fixed investment, a smaller decrease in federal government spending, and an upturn in state and local government spending that were partly offset by an acceleration in imports and deceleration in private inventory investment and in personal consumption expenditure.2013-09-26T13:45:43.49"
US Jobless Claims Up to 309K in Latest Week,Initial Jobless Claims,"US Jobless Claims Up to 309K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending September 14, the advance figure for seasonally adjusted initial claims was 309,000, an increase of 15,000 from the previous week's revised figure of 294,000. The 4-week moving average was 314,750, a decrease of 7,000 from the previous week's revised average of 321,750.2013-09-19T13:47:37.33"
Fed to Keep Bond Buying Stimulus,Interest Rate,Fed to Keep Bond Buying StimulusUnited States Interest RateThe U.S. Federal Reserve said on September 18th that it would continue buying bonds at an $85 billion monthly pace. Most Fed policymakers projected the first official interest rate hike will come in 2015.2013-09-18T19:18:07.613
US Annual Inflation Rate Slows to 1.5% in August,Inflation Rate,"US Annual Inflation Rate Slows to 1.5% in AugustUnited States Inflation RateIn August of 2013, U.S. Consumer Price Index for All Urban Consumers (CPI-U) increased 1.5 percent over the last 12 months, from 2 percent recorded in July. For the month, on a seasonally adjusted basis the index increased 0.1 percent.2013-09-17T13:43:14.957"
Us Consumer Sentiment Drops In September,Consumer Confidence,"Us Consumer Sentiment Drops In SeptemberUnited States Consumer ConfidenceThe Thomson Reuters/University of Michigan's consumer sentiment index declined in September to a preliminary reading of 76.8, from August’s final figure of 82.1.2013-09-13T16:03:38.54"
US Jobless Claims Down to 292K in Latest Week,Initial Jobless Claims,"US Jobless Claims Down to 292K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending September 7, the advance figure for seasonally adjusted initial claims was 292,000, a decrease of 31,000 from the previous week's unrevised figure of 323,000. The 4-week moving average was 321,250, a decrease of 7,500 from the previous week's revised average of 328,750.2013-09-12T13:34:07.413"
United States Economy Adds 169K Jobs in August,Non Farm Payrolls,"United States Economy Adds 169K Jobs in AugustUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 169,000 in August, about in line with the average monthly gain of 184,000 over the prior 12 months but slightly below expectations. Job growth occurred in retail trade and health care, while employment in information declined. Employment continued to trend up in food services and drinking places, professional and business services, and wholesale trade.2013-09-06T13:41:55.6"
U.S. Unemployment Rate Down to 7.3% in August,Unemployment Rate,"U.S. Unemployment Rate Down to 7.3% in AugustUnited States Unemployment RateU.S. unemployment rate decreased slightly in August while total nonfarm payroll employment increased by 169,000,  the U.S. Bureau of Labor Statistics reported on September 6th. Employment rose in retail trade and health care but declined in information. 2013-09-06T13:37:56.133"
US Jobless Claims Down to 323K In Latest Week,Initial Jobless Claims,"US Jobless Claims Down to 323K In Latest WeekUnited States Initial Jobless ClaimsIn the week ending August 31, the advance figure for seasonally adjusted initial claims was 323,000, a decrease of 9,000 from the previous week's revised figure of 332,000. The 4-week moving average was 328,500, a decrease of 3,000 from the previous week's revised average of 331,500.2013-09-05T13:34:37.71"
US Trade Deficit Widens in July,Balance Of Trade,"US Trade Deficit Widens in July United States Balance Of TradeIn July of 2013, US trade deficit increased to 39.2 billion USD, from a 3-1/2-year low in June, as exports dipped 0.6 percent and imports rose 1.6 percent.2013-09-04T13:48:02.757"
U.S. ISM Manufacturing Index Rises In August,Business Confidence,"U.S. ISM Manufacturing Index Rises In AugustUnited States Business ConfidenceEconomic activity in the manufacturing sector expanded in August for the third consecutive month, and the overall economy grew for the 51st consecutive month, according to the latest Manufacturing ISM Report On Business®.2013-09-03T15:21:53.24"
US Consumer Sentiment Declines in August,Consumer Confidence,"US Consumer Sentiment Declines in AugustUnited States Consumer ConfidenceIn August of 2013, The Thomson Reuters/University of Michigan's final consumer sentiment index dropped to 82.1, from 85.1 recorded in July.2013-08-30T16:00:48.233"
US GDP Growth Revised Up to 2.5% in Q2,Gdp Growth Rate,"US GDP Growth Revised Up to 2.5% in Q2United States Gdp Growth RateIn Q2 of 2013, United States' real gross domestic product increased at an annual rate of 2.5 percent, up from a preliminary estimate of 1.7 percent, according to the second estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.1 percent.2013-08-29T13:43:11.113"
US Jobless Claims Down to 331K in Latest Week,Initial Jobless Claims,"US Jobless Claims Down to 331K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending August 24, the advance figure for seasonally adjusted initial claims was 331,000, a decrease of 6,000 from the previous week's revised figure of 337,000. The 4-week moving average was 331,250, an increase of 750 from the previous week's unrevised average of 330,500.2013-08-29T13:40:04.433"
U.S. Consumer Confidence Increases Slightly in August,Consumer Confidence,"U.S. Consumer Confidence Increases Slightly in AugustUnited States Consumer ConfidenceThe Conference Board Consumer Confidence Index increased slightly in August to 81.5 (1985=100), up from 81.0 in July. The Present Situation Index decreased to 70.7 from 73.6. The Expectations Index increased to 88.7 from 86.0 last month. 2013-08-27T17:53:44.47"
U.S. Jobless Claims Up to 336K in Latest Week,Initial Jobless Claims,"U.S. Jobless Claims Up to 336K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending August 17, the advance figure for seasonally adjusted initial claims was 336,000, an increase of 13,000 from the previous week's revised figure of 323,000. The 4-week moving average was 330,500, a decrease of 2,250 from the previous week's revised average of 332,750.2013-08-22T13:34:00.977"
U.S. Annual Inflation Rate Up to 2% in July,Inflation Rate,"U.S. Annual Inflation Rate Up to 2% in JulyUnited States Inflation RateIn July of 2013, U.S. Consumer Price Index for All Urban Consumers (CPI-U) increased 2 percent over the last 12 months, from 1.8 percent recorded in June. For the month, on a seasonally adjusted basis the index increased 0.2 percent.2013-08-15T13:45:59.09"
U.S. Jobless Claims Down to 320K in Latest Week,Initial Jobless Claims,"U.S. Jobless Claims Down to 320K in Latest Week United States Initial Jobless ClaimsIn the week ending August 10, the advance figure for seasonally adjusted initial claims was 320,000, a decrease of 15,000 from the previous week's revised figure of 335,000. The 4-week moving average was 332,000, a decrease of 4,000 from the previous week's revised average of 336,000.2013-08-15T13:38:48.88"
U.S. Economy Continues to Gain Momentum,Report,"U.S. Economy Continues to Gain MomentumUnited States ReportDespite large cuts to government spending and a global slowdown, U.S. economy has been holding pretty well. In the second quarter of 2013, the GDP growth beat estimates, consumer sector has been keeping momentum and there are finally some signs of an improvement in the labour market and manufacturing. 2013-08-13T13:54:04.65"
US Retail Sales Up 0.2% in July,Retail Sales Mom,"US Retail Sales Up 0.2% in JulyUnited States Retail Sales MomThe advance estimates of U.S. retail and food services sales for July, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $424.5 billion, an increase of 0.2 percent from the previous month, and 5.4 percent above July 2012.2013-08-13T13:49:15.087"
U.S. Jobless Claims Up to 333K in Latest Week,Initial Jobless Claims,"U.S. Jobless Claims Up to 333K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending August 3, the advance figure for seasonally adjusted initial claims was 333,000, an increase of 5,000 from the previous week's revised figure of 328,000. The 4-week moving average was 335,500, a decrease of 6,250 from the previous week's revised average of 341,750.2013-08-08T13:40:39.017"
U.S. Trade Deficit Narrows In June,Balance Of Trade,"U.S. Trade Deficit Narrows In JuneUnited States Balance Of TradeU.S. trade deficit narrowed in June to its lowest level in more than 3-1/2 years as exports increased 2.2 percent and imports fell 2.5 percent. 
2013-08-06T13:48:09.807"
U.S. Unemployment Rate Down to 7.4% in July,Unemployment Rate,"U.S. Unemployment Rate Down to 7.4% in JulyUnited States Unemployment RateU.S. unemployment rate edged down to 7.4 percent and total nonfarm payroll employment increased by 162K in July. Employment rose in retail trade, food services and drinking places, financial activities, and wholesale trade.2013-08-02T13:39:21.98"
United States Non-Farm Payrolls Rise by 162K in July,Non Farm Payrolls,"United States Non-Farm Payrolls Rise by 162K in JulyUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 162,000 in July, with gains in retail trade, food services and drinking places, financial activities, and wholesale trade. Over the prior 12 months, nonfarm employment growth averaged 189,000 per month.2013-08-02T13:39:03.587"
U.S. Manufacturing Index At Two Year High,Business Confidence,"U.S. Manufacturing Index At Two Year HighUnited States Business ConfidenceEconomic activity in the manufacturing sector expanded in July for the second consecutive month as orders for new goods and production increased and payrolls continued to grow, according to the latest Manufacturing ISM Report On Business®.2013-08-01T15:21:20.307"
US Jobless Claims Down To 326K in Latest Week,Initial Jobless Claims,"US Jobless Claims Down To 326K in Latest Week United States Initial Jobless ClaimsIn the week ending July 27, the advance figure for seasonally adjusted initial claims was 326,000, a decrease of 19,000 from the previous week's revised figure of 345,000. The 4-week moving average was 341,250, a decrease of 4,500 from the previous week's revised average of 345,750.
2013-08-01T13:34:35.883"
US Fed Keeps Monetary Policy Unchanged,Interest Rate,US Fed Keeps Monetary Policy Unchanged United States Interest RateThe U.S. Federal Reserve said on July 31st the economy continues to recover but is still in need of support  and decided to keep $85 billion bond buying pace.2013-07-31T19:11:48.457
US GDP Beats Expectations in Q2,Gdp Growth Rate,"US GDP Beats Expectations in Q2United States Gdp Growth RateReal gross domestic product in the United States increased at an annual rate of 1.7 percent in the second quarter of 2013 (that is, from the first quarter to the second quarter), according to the ""advance"" estimate released by the Bureau of Economic Analysis.  In the first quarter, real GDP increased 1.1 percent (revised).2013-07-31T14:08:08.273"
U.S. Consumer Confidence Declines in July,Consumer Confidence,U.S. Consumer Confidence Declines in JulyUnited States Consumer ConfidenceThe Conference Board Consumer Confidence Index decreased to 80.3 in July from 82.1 in June. The Present Situation Index increased to 73.6 from 68.7. The Expectations Index decreased to 84.7 from 91.1 last month.2013-07-30T15:08:29.66
US Economy Overview 07/25,Report,"US Economy Overview 07/25United States ReportDespite large cuts to government spending and a global slowdown, U.S. economy has been holding pretty well. Consumer sector has been keeping momentum and there are finally some signs of an improvement in the labour market and manufacturing. 2013-07-25T13:55:40.927"
US Jobless Claims Up To 343K in Latest Week,Initial Jobless Claims,"US Jobless Claims Up To 343K in Latest Week  United States Initial Jobless ClaimsIn the week ending July 20, the advance figure for seasonally adjusted initial claims was 343,000, an increase of 7,000 from the previous week's revised figure of 336,000. The 4-week moving average was 345,250, a decrease of 1,250 from the previous week's revised average of 346,500.2013-07-25T13:37:55.96"
U.S. Jobless Claims at the Lowest Level in Four Months,Initial Jobless Claims,"U.S. Jobless Claims at the Lowest Level in Four MonthsUnited States Initial Jobless ClaimsIn the week ending July 13, the advance figure for seasonally adjusted initial claims was 334,000, a decrease of 24,000 from the previous week's revised figure of 358,000. The 4-week moving average was 346,000, a decrease of 5,250 from the previous week's revised average of 351,250.2013-07-18T13:41:28.18"
U.S. Annual Inflation Up to 1.8% in June,Inflation Rate,"U.S. Annual Inflation Up to 1.8% in JuneUnited States Inflation RateU.S. Consumer Price Index for All Urban Consumers (CPI-U) increased 1.8 percent over the last 12 months to an index level of 233.504. For the month, on a seasonally adjusted basis the index increased 0.5 percent.2013-07-16T17:34:23.58"
US Jobless Claims Rise to 360K in Latest Week,Initial Jobless Claims,"US Jobless Claims Rise to 360K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending July 6, the advance figure for seasonally adjusted initial claims was 360,000, an increase of 16,000 from the previous week's revised figure of 344,000. The 4-week moving average was 351,750, an increase of 6,000 from the previous week's revised average of 345,750.2013-07-11T13:36:35.703"
United States Economy Adds 195K Jobs in June,Non Farm Payrolls,"United States Economy Adds 195K Jobs in JuneUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 195,000 in June, in line with the average monthly gain of 182,000 over the prior 12 months. In June, job growth occurred in leisure and hospitality, professional and business services, retail trade, health care, and financial activities.2013-07-05T13:36:34.93"
US Unemployment Rate at 7.6% in June,Unemployment Rate,"US Unemployment Rate at 7.6% in JuneUnited States Unemployment RateU.S. total nonfarm payroll employment increased by 195,000 in June, and the unemployment rate was unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported on July 5th. Employment rose in  leisure and hospitality, professional and business services, retail trade, health care, and financial activities. 2013-07-05T13:38:37.52"
US Trade Deficit Widens in May,Balance Of Trade,"US Trade Deficit Widens in MayUnited States Balance Of TradeUnited States trade deficit grew in May, as stronger demand resulted in higher imports and sluggish growth abroad pushed exports lower.
2013-07-03T13:43:29.757"
US Jobless Claims Edges Down to 343K In Latest Week,Initial Jobless Claims,"US Jobless Claims Edges Down to 343K In Latest WeekUnited States Initial Jobless ClaimsIn the week ending June 29, the advance figure for seasonally adjusted initial claims was 343,000, a decrease of 5,000 from the previous week's revised figure of 348,000. The 4-week moving average was 345,500, a decrease of 750 from the previous week's revised average of 346,250.2013-07-03T13:37:14.783"
U.S. ISM Manufacturing Index Increases in June,Business Confidence,"U.S. ISM Manufacturing Index Increases in June United States Business ConfidenceEconomic activity in the manufacturing sector expanded in June following one month of contraction, and the overall economy grew for the 49th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business®.2013-07-01T15:11:30.13"
U.S. Jobless Claims Down to 346K in Latest Week,Initial Jobless Claims,"U.S. Jobless Claims Down to 346K in Latest WeekUnited States Initial Jobless ClaimsIn the week ending June 22, the advance figure for seasonally adjusted initial claims was 346,000, a decrease of 9,000 from the previous week's revised figure of 355,000. The 4-week moving average was 345,750, a decrease of 2,750 from the previous week's revised average of 348,500.2013-06-27T14:10:54.947"
US GDP Growth Revised Down to 1.8% in Q1,Gdp Growth Rate,"US GDP Growth Revised Down to 1.8% in Q1United States Gdp Growth RateUnited States real gross domestic product increased at an annual rate of 1.8 percent in the first quarter of 2013, according to the ""third"" estimate released by the Bureau of Economic Analysis. While personal consumption expenditures, private inventory investment, and residential fixed investment increased; federal, state and local government spending, and exports decreased. 
2013-06-26T13:45:39.567"
US Consumer Confidence Surges in June,Consumer Confidence,"US Consumer Confidence Surges in JuneUnited States Consumer ConfidenceU.S. consumer confidence jumped to 81.4 in June, its highest level in over five years, as Americans were more optimistic about business and labor market conditions, according to a report released by The Conference Board. 2013-06-25T15:27:00.187"
US Economy Overview 06/25,Report,"US Economy Overview 06/25United States ReportRecent data updates for the United States sent mixed signals. While consumer sector appears to be gaining some momentum and housing is recovering, manufacturing has softened and labour market is still weak. 2013-06-25T15:14:16.053"
US Federal Reserve Keeps Monetary Policy Unchanged,Interest Rate,"US Federal Reserve Keeps Monetary Policy UnchangedUnited States Interest RateThe U.S. Federal Reserve said on June 19th, it would keep buying $85 billion in bonds per month. Yet, the central bank hinted it could end stimulus program next year if forecasts for the country's economic recovery are correct and unemployment rate is below 6.5 percent.
2013-06-20T11:08:40.927"
U.S. Annual Inflation Rate up to 1.4% in May,Inflation Rate,"U.S. Annual Inflation Rate up to 1.4% in MayUnited States Inflation RateThe Consumer Price Index for All Urban Consumers in the United States increased 0.1 percent in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on June 18th. Over the last 12 months, the all items index increased 1.4 percent before seasonal adjustment.2013-06-18T13:39:36.393"
US Retail Sales Beat Expectations in May,Retail Sales Mom,"US Retail Sales Beat Expectations in MayUnited States Retail Sales MomThe advance estimates of U.S. retail and food services sales for May, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $421.1 billion, an increase of 0.6 percent from the previous month, and 4.3 percent above May 2012. 2013-06-13T13:45:47.677"
United States Economy Adds 175K Jobs in May,Non Farm Payrolls,"United States Economy Adds 175K Jobs in MayUnited States Non Farm PayrollsUS total nonfarm payroll employment increased more than forecast  in May, with gains in professional and business services, food services and drinking places, and retail trade. Over the prior 12 months, employment growth averaged 172,000 per month.2013-06-07T13:44:36.667"
US Unemployment Rate Rises to 7.6% in May,Unemployment Rate,"US Unemployment Rate Rises to 7.6% in MayUnited States Unemployment RateUS jobless rate climbed to 7.6 percent as more Americans entered the labor force, the U.S. Bureau of Labor Statistics reported on June 7th. Total nonfarm payroll employment increased by 175,000 in May. Employment rose in professional and business services, food services and drinking places, and retail trade.
2013-06-07T13:40:33.89"
US Trade Deficit Widens in April,Balance Of Trade,"US Trade Deficit Widens in AprilUnited States Balance Of TradeThe U.S. trade deficit widened less than expected in April as a decrease in petroleum prices tempered the rise in imports, while exports hit a four-month high. 
2013-06-04T13:42:02.26"
U.S. Manufacturing Sector Contracts in May,Business Confidence,U.S. Manufacturing Sector Contracts in MayUnited States Business ConfidenceThe Institute for Supply Management (ISM) said its index of national factory activity in May fell to 49.0 from 50.7 in April as new orders slipped and demand for exports declined.2013-06-03T15:07:04.6
US GDP Growth Revised Down to 2.4% in Q1,Gdp Growth Rate,"US GDP Growth Revised Down to 2.4% in Q1United States Gdp Growth RateReal gross domestic product in the United States increased at an annual rate of 2.4 percent in the first quarter of 2013 (that is, from the fourth quarter to the first quarter), according to the ""second"" estimate released by the Bureau of Economic Analysis. Drop in government spending and slower inventory building overshadowed the big increase in consumer spending. 2013-05-30T13:48:08.487"
US Consumer Confidence Index Surges in May,Consumer Confidence,"US Consumer Confidence Index Surges in MayUnited States Consumer ConfidenceThe Conference Board Consumer Confidence Index, which had improved in April, increased again in May. The Index now stands at 76.2 (1985=100), up from 69.0 in April. The Present Situation Index increased to 66.7 from 61.0. The Expectations Index improved to 82.4 from 74.3 last month.2013-05-28T15:15:15.653"
US Economy Sends Mixed Signals,Indicators,"US Economy Sends Mixed SignalsUnited States IndicatorsRecent data updates for the United States sent mixed signals. While consumer sector appears to be gaining some momentum and housing is recovering, the manufacturing has softened and the labour market is still weak. 2013-05-23T15:20:21.26"
U.S. Annual Inflation Rate Down to 1.1% in April,Inflation Rate,"U.S. Annual Inflation Rate Down to 1.1% in AprilUnited States Inflation RateOver the last 12 months, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.1 percent before seasonal adjustment. The index decreased 0.4 percent in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on May 16th. 2013-05-16T13:42:26.99"
U.S. Retail Sales Up 0.1% in April,Retail Sales Mom,"U.S. Retail Sales Up 0.1% in AprilUnited States Retail Sales MomThe U.S. Census Bureau announced on May 13th that advance estimates of U.S. retail and food services sales for April, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $419.0 billion, an increase of 0.1 percent from the previous month, and 3.7 percent above April 2012. 2013-05-13T13:58:39.467"
United States Economy Expands 2.5% in Q1,Gdp Growth Rate,"United States Economy Expands 2.5% in Q1United States Gdp Growth RateReal gross domestic product increased at an annual rate of 2.5 percent in the first quarter of 2013 (that is, from the fourth quarter to the first quarter), according to the 'advance' estimate released by the Bureau of Economic Analysis.  In the fourth quarter, real GDP increased 0.4 percent.2013-05-21T19:36:03.957"
U.S. Recovery May be Loosing Momentum,Indicators,"U.S. Recovery May be Loosing MomentumUnited States IndicatorsIn the first two months of 2013, U.S. employment, retail sales and housing performed very well bringing the economic expansion to 2.5 percent in the first quarter.  However, recent data suggest that in March and April the economy had been struggling. 2013-05-15T14:21:05.653"
U.S. Unemployment Rate Down to 7.5% in April,Unemployment Rate,"U.S. Unemployment Rate Down to 7.5% in AprilUnited States Unemployment RateTotal nonfarm payroll employment rose by 165,000 in April, and the unemployment rate was little changed at 7.5 percent, the U.S. Bureau of Labor Statistics reported on May 3rd. Employment increased in professional and business services, food services and drinking places, retail trade, and health care.
2013-05-03T13:49:04.91"
United States Economy Adds 165K Jobs in April,Non Farm Payrolls,"United States Economy Adds 165K Jobs in AprilUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 165,000 in April, with job gains in professional and business services, food services and drinking places, retail trade, and health care. Over the prior 12 months, employment growth averaged 169,000 per month.2013-05-03T13:32:22.12"
U.S. Trade Deficit Narrows in March,Balance Of Trade,"U.S. Trade Deficit Narrows in MarchUnited States Balance Of TradeThe U.S. trade deficit narrowed for a second month in March to $38.8 billions as crude oil imports dropped to the lowest level in 17 years.

2013-05-02T13:50:05.077"
Fed Keeps Rates and Strategy,Interest Rate,"Fed Keeps Rates and StrategyUnited States Interest RateU.S. Federal Reserve produced no surprises on May 1st, continuing its asset-purchase program and maintaining its benchmark interest rate unchanged at 0.25%.2013-05-01T19:08:06.677"
U.S. Economy Sends Mixed Signals,Indicators,"U.S. Economy Sends Mixed SignalsUnited States IndicatorsAfter a meager growth in the last quarter of 2012, the U.S. economy seems to be gaining momentum at the beginning of 2013. Indeed, following a timid expansion of 0.4% in Q4 of 2012, the U.S. economy grew 2.5% in the first quarter of 2013.2013-05-01T15:08:35.73"
United States Inflation Rate Down to 1.5% in March,Inflation Rate,United States Inflation Rate Down to 1.5% in MarchUnited States Inflation RateThe all items index increased 1.5 percent over the last 12 months; this compares to 2.0 percent last month and is the smallest increase since the 12 months ending July 2012. The index for all items less food and energy increased 1.9 percent over the last 12 months. The food index rose 1.5 percent while the energy index declined 1.6 percent.2013-04-16T13:42:29.703
U.S. retail Sales Down 0.4% in March,Retail Sales Mom,"U.S. retail Sales Down 0.4% in MarchUnited States Retail Sales MomThe U.S. Census Bureau advance estimates of U.S. retail and food services sales for March, adjusted for seasonal variation and holiday and trading-day differences (but not for price changes) were $418.3 billion, a decrease of 0.4 percent (±0.5%) from the previous month, but 2.8 percent (±0.7%) above March 2012. 2013-04-12T13:40:34.31"
U.S. Trade Deficit Narrows in February,Balance Of Trade,"U.S. Trade Deficit Narrows in FebruaryUnited States Balance Of TradeThe U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced that total February exports of $186.0 billion and imports of $228.9 billion resulted in a goods and services deficit of $43.0 billion, down from $44.5 billion in January, revised. February exports were $1.6 billion more than January exports of $184.4 billion. February imports were $0.1 billion more than January imports of $228.9 billion.2013-04-05T13:47:11.097"
U.S. Unemployment Rate Down to 7.6% in March,Unemployment Rate,"U.S. Unemployment Rate Down to 7.6% in MarchUnited States Unemployment RateBoth the number of unemployed persons, at 11.7 million, and the unemployment rate, at 7.6 percent, were little changed in March. Employment grew in professional and business services and in health care but declined in retail trade.2013-04-05T13:39:42.84"
United States Economy Adds 88K Jobs in March,Non Farm Payrolls,"United States Economy Adds 88K Jobs in MarchUnited States Non Farm PayrollsTotal non-farm payroll employment edged up in March (+88,000). Over the prior 12 months, employment growth had averaged 169,000 per month. In March, employment increased in professional and business services and in health care, while retail trade employment declined.2013-04-05T13:36:23.397"
U.S. Economy Continues to Gain Momentum,Indicators,"U.S. Economy Continues to Gain MomentumUnited States IndicatorsAfter a meager growth in the last quarter of 2012, the United States economy seems to be gaining ground. Recent data updates point to the improvement in the labor market, consumption, manufacturing and housing. 2013-04-01T15:06:13.29"
U.S. GDP revised up to 0.4%,Gdp Growth Rate,"U.S. GDP revised up to 0.4%United States Gdp Growth RateReal gross domestic product in the United States increased at an annual rate of 0.4 percent in the fourth quarter of 2012 (that is, from the third quarter to the fourth quarter), according to the ""third"" estimate released by the Bureau of Economic Analysis.  In the third quarter, real GDP increased 3.1 percent.2013-03-28T12:40:15.303"
Fed Keeps Rates and Strategy,Interest Rate,"Fed Keeps Rates and StrategyUnited States Interest RateU.S. Federal Reserve produced no surprises on March 20th, affirming that it would plow ahead with its efforts to stimulate the economy even as it hailed “a return to moderate economic growth following a pause late last year.” 2013-03-20T19:04:08.047"
U.S. Annual Inflation Rate Rises to 2% in February,Inflation Rate,"U.S. Annual Inflation Rate Rises to 2% in FebruaryUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.7 percent in February on a seasonally adjusted basis, the U.S.Bureau of Labor Statistics reported on March 15th. Over the last 12 months, the all items index increased 2.0 percent before seasonal adjustment.2013-03-15T12:35:34.497"
U.S. Retail Sales Jumps 1.1% in February,Retail Sales Mom,"U.S. Retail Sales Jumps 1.1% in FebruaryUnited States Retail Sales MomThe advance estimates of U.S. retail and food services sales for February, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $421.4 billion, an increase of 1.1 percent (±0.5%) from the previous month and 4.6 percent (±0.7%) above February 2012. 2013-03-13T12:36:38"
United States Economy Adds 236K Jobs in February,Non Farm Payrolls,"United States Economy Adds 236K Jobs in FebruaryUnited States Non Farm PayrollsTotal non-farm payroll employment increased by 236,000 in February, with job gains in professional and business services, construction, and health care. In the prior 3 months, employment had risen by an average of 195,000 per month.2013-03-08T13:46:36.493"
U.S. Unemployment Rate Down to 7.7% in February,Unemployment Rate,"U.S. Unemployment Rate Down to 7.7% in FebruaryUnited States Unemployment RateU.S. unemployment rate edged down to 7.7 percent in February, the U.S. Bureau of Labor Statistics reported on March 8th. Total nonfarm payroll employment increased by 236,000 in February as employment increased in professional and business services, construction, and health care.2013-03-08T13:34:59.853"
U.S. Trade Deficit Widens in January,Balance Of Trade,"U.S. Trade Deficit Widens in JanuaryUnited States Balance Of TradeThe U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced on March 7th that total January exports of $184.5 billion and imports of $228.9 billion resulted in a goods and services deficit of  $44.4 billion, up from $38.1 billion in December, revised. January exports were $2.2 billion less than December exports of $186.6 billion. January imports were $4.1 billion more than December imports of $224.8 billion. 2013-03-07T13:39:02.037"
U.S. Recovery Still Far From Reach,Report,"U.S. Recovery Still Far From ReachUnited States ReportUnited States economic data sent mixed signals in the last few weeks. In the fourth quarter of 2012, the U.S. economy barely grew due to a slowdown in inventory accumulation and a sharp drop in military spending. However, slightly better performance in exports and lower imports scratched an earlier estimate that showed a contraction.  Also, in February, the pace of growth in the manufacturing sector picked up to its fastest rate in over a year and a half as new orders continued to accelerate.2013-03-03T14:00:40.067"
U.S. GDP Growth Revised Up to 0.1% in Q4,Gdp Growth Rate,"U.S. GDP Growth Revised Up to 0.1% in Q4United States Gdp Growth RateReal gross domestic product in the United States increased at an annual rate of 0.1 percent in the fourth quarter of 2012 (that is, from the third quarter to the fourth quarter), according to the ""second"" estimate released by the Bureau of Economic Analysis.  In the third quarter, real GDP increased 3.1 percent.2013-02-28T13:38:09.923"
U.S. Annual Inflation Down to 1.6% in January,Inflation Rate,"U.S. Annual Inflation Down to 1.6% in JanuaryUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.6 percent before seasonal adjustment.2013-02-21T13:35:23.157"
U.S. Retail Sales Rose 0.1% in January,Retail Sales Mom,"U.S. Retail Sales Rose 0.1% in JanuaryUnited States Retail Sales MomThe U.S. Census Bureau announced on February 13th that advance estimates of U.S. retail and food services sales for January, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $416.6 billion, an increase of 0.1 percent (±0.5%)* from the previous month and 4.4 percent (±0.7%) above January 2012.2013-02-13T13:37:31"
U.S. Trade Deficit Narrows in December,Balance Of Trade,"U.S. Trade Deficit Narrows in DecemberUnited States Balance Of TradeTotal December exports of $186.4 billion and imports of $224.9 billion resulted in a goods and services deficit of $38.5 billion, down from $48.6 billion in November, revised.  December exports were $3.9 billion more than November exports of $182.5 billion.  December imports were $6.2 billion less than November imports of $231.1 billion. 2013-02-08T15:05:28.593"
U.S. Economy Adds 157K Jobs in January,Non Farm Payrolls,"U.S. Economy Adds 157K Jobs in JanuaryUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 157,000 in January. In 2012, employment growth averaged 181,000 per month. In January, job gains occurred in retail trade, construction, health care, and wholesale trade, while employment edged down in transportation and warehousing.2013-02-01T13:42:58.25"
"United States Unemployment Rate at 7.9%, Payroll Employment Rises",Unemployment Rate,"United States Unemployment Rate at 7.9%, Payroll Employment RisesUnited States Unemployment RateTotal nonfarm payroll employment increased by 157,000 in January, and the unemployment rate was essentially unchanged at 7.9 percent. Retail trade, construction, health care, and wholesale trade added jobs over the month.2013-02-01T13:36:00.117"
"U.S. to Keep Buying Bonds, Rates Unchanged",Interest Rate,"U.S. to Keep Buying Bonds, Rates UnchangedUnited States Interest RateThe Federal Reserve said it will buy $40 billion a month of mortgage-backed securities, continuing its asset-purchase program, and linked the outlook for its main interest rate to unemployment and inflation. 2013-01-31T08:54:38.173"
United States Gross Domestic Product Contracts 0.1% in Q4,Gdp Growth Rate,"United States Gross Domestic Product Contracts 0.1% in Q4United States Gdp Growth RateReal gross domestic product decreased at a rate of 0.1 percent in the fourth quarter of 2012, from the third quarter to the fourth quarter, according to the ""advance"" estimate released by the Bureau of Economic Analysis.  In the third quarter, real GDP increased 3.1 percent.2013-01-30T13:34:18.387"
United States Inflation Rate at 1.7% in December of 2012,Inflation Rate,"United States Inflation Rate at 1.7% in December of 2012United States Inflation RateThe all items index increased 1.7 percent over the last 12 months, compared to a 1.8 percent figure in November. The index for all items less food and energy rose 1.9 percent over the last 12 months, the same figure as last month. The food index has risen 1.8 percent over the last 12 months, and the energy index has risen 0.5 percent.2013-01-16T13:35:42.58"
United States Trade Deficit Widens in November,Balance Of Trade,"United States Trade Deficit Widens in NovemberUnited States Balance Of TradeThe Department of Commerce announced today that total November exports of $182.6 billion and imports of $231.3 billion resulted in a goods and services deficit of $48.7 billion, up from $42.1 billion in October, revised. November exports were $1.7 billion more than October exports of $180.8 billion. November imports were $8.4 billion more than October imports of $222.9 billion.
2013-01-11T13:39:32.793"
U.S. Economy Adds 155K Jobs in December,Non Farm Payrolls,"U.S. Economy Adds 155K Jobs in DecemberUnited States Non Farm PayrollsTotal nonfarm payroll employment increased by 155,000 in December. In 2012, employment growth averaged 153,000 per month, the same as the average monthly gain for 2011. In December, employment increased in health care, food services and drinking places, construction, and manufacturing. 
2013-01-04T13:47:10.63"
"U.S. Economy Adds 155K Jobs in December, Unemployment at 7.8%",Unemployment Rate,"U.S. Economy Adds 155K Jobs in December, Unemployment at 7.8%United States Unemployment RateNonfarm payroll employment rose by 155,000 in December, and the unemployment rate was unchanged at 7.8 percent, the U.S. Bureau of Labor Statistics reported on January 4th. Employment increased in health care, food services and drinking places, construction, and manufacturing.2013-01-04T13:38:32.983"
U.S. GDP Growth Revised to 3.1 Percent in Q3,Gdp Growth Rate,"U.S. GDP Growth Revised to 3.1 Percent in Q3United States Gdp Growth RateU.S. Real gross domestic products increased at an annual rate of 3.1 percent in the third quarter of 2012 (that is, from the second quarter to the third quarter), according to the ""third"" estimate released by the Bureau of Economic Analysis.  In the second quarter, real GDP increased 1.3 percent.2012-12-20T13:36:20.117"
U.S. Annual Inflation Down To 1.8 Percent in November,Inflation Rate,"U.S. Annual Inflation Down To 1.8 Percent in NovemberUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) declined 0.3 percent in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on December 14. Over the last 12 months, the all items index increased 1.8 percent before seasonal adjustment.2012-12-14T13:34:29.62"
"U.S. to Keep Buying Bonds, Rates Unchanged",Interest Rate,"U.S. to Keep Buying Bonds, Rates UnchangedUnited States Interest RateThe Federal Reserve said it will buy $45 billion a month of Treasury securities starting in January, expanding its asset-purchase program, and it linked the outlook for its main interest rate to unemployment and inflation.2012-12-12T17:37:32.027"
U.S. Trade Deficit Widens in October,Balance Of Trade,"U.S. Trade Deficit Widens in OctoberUnited States Balance Of TradeTotal October exports of $180.5 billion and imports of $222.8 billion resulted in a goods and services deficit of $42.2 billion, up from $40.3 billion in September, revised.2012-12-11T13:34:29.407"
U.S. Unemployment Down to 7.7 Percent in November,Unemployment Rate,"U.S. Unemployment Down to 7.7 Percent in NovemberUnited States Unemployment RateTotal nonfarm payroll employment rose by 146,000 in November, and the unemployment rate edged down to 7.7 percent, the U.S. Bureau of Labor Statistics reported on December 7th. Employment increased in retail trade, professional and business services, and health care.2012-12-07T13:36:47.587"
U.S. GDP Growth Revised to 2.7 Percent in Q3,GDP Growth Rate,"U.S. GDP Growth Revised to 2.7 Percent in Q3United States GDP Growth RateU.S. Real gross domestic product increased at an annual rate of 2.7 percent in the third quarter of 2012 (that is, from the second quarter to the third quarter), according to the ""second"" estimate released by the
Bureau of Economic Analysis. 2012-11-29T13:39:16.79"
U.S. Annual Inflation Up to 2.2 Percent in October,Inflation Rate,"U.S. Annual Inflation Up to 2.2 Percent in OctoberUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on November 15. Over the last 12 months, the all items index increased 2.2 percent before seasonal adjustment.2012-11-15T13:33:45"
U.S. Trade Defict Narrows in September,Balance of Trade,"U.S. Trade Defict Narrows in September United States Balance of TradeTotal September exports of $187.0 billion and imports of $228.5 billion resulted in a goods and services deficit of $41.5 billion, down from $43.8 billion in August, revised.2012-11-08T13:44:09.02"
U.S. Unemployment Up to 7.9 Percent in October,Unemployment Rate,"U.S. Unemployment Up to 7.9 Percent in OctoberUnited States Unemployment RateU.S. total nonfarm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent, the U.S. Bureau of Labor Statistics reported on November 2nd.2012-11-02T12:39:36.59"
U.S. GDP Expands 2 Percent in Q3,GDP Growth Rate,"U.S. GDP Expands 2 Percent in Q3United States GDP Growth RateU.S. Real gross domestic product increased at an annual rate of 2.0 percent in the third quarter of 2012 (that is, from the second quarter to the third quarter), according to the ""advance"" estimate released by the Bureau of Economic Analysis.  In the second quarter, real GDP increased 1.3 percent.2012-10-26T13:35:03"
U.S. Keeps Monetary Policy Unchanged,Interest Rate,U.S. Keeps Monetary Policy UnchangedUnited States Interest RateThe U.S. Federal Reserve said on October 24th it has decided to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that exceptionally low levels for the federal funds rate are likely to be warranted at least through mid-2015. 2012-10-24T19:17:26
U.S. Annual Inflation Up to 2.0 Percent in September,Inflation Rate,"U.S. Annual Inflation Up to 2.0 Percent in SeptemberUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) in the United States increased 0.6 percent in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.0 percent before seasonal adjustment.2012-10-16T13:34:16.46"
U.S. Trade Deficit Widens in August,Balance of Trade,"U.S. Trade Deficit Widens in AugustUnited States Balance of TradeThe United States' August exports of $181.3 billion and imports of $225.5 billion resulted in a goods and services deficit of $44.2 billion, up from $42.5 billion in July, revised.2012-10-11T13:42:23.717"
U.S. Unemployment Down to 7.8% in September,Unemployment Rate,"U.S. Unemployment Down to 7.8% in SeptemberUnited States Unemployment RateU.S. unemployment rate decreased to 7.8 percent in September, and total nonfarm payroll employment rose by 114,000, the U.S. Bureau of Labor Statistics reported on October 5th. Employment increased in health care and in transportation and warehousing but changed little in most other major industries.2012-10-05T13:45:51.043"
U.S. GDP Revised Down to 1.3 Percent in Q2,GDP Growth Rate,"U.S. GDP Revised Down to 1.3 Percent in Q2United States GDP Growth RateU.S. Real gross domestic product increased at an annual rate  of 1.3 percent in the second quarter of 2012 (that is, from the first quarter to the second quarter), according to the ""third"" estimate released by the Bureau of Economic Analysis.  In the first quarter, real GDP increased 2.0 percent.2012-09-27T13:39:09.183"
U.S. Annual Inflation Up to 1.7% in August,Inflation Rate,"U.S. Annual Inflation Up to 1.7% in AugustUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased  0.6 percent in August on a seasonally adjusted basis, the U.S. Bureau  of Labor Statistics reported on September 14th. Over the last 12 months, the all  items index increased 1.7 percent before seasonal adjustment.  2012-09-14T13:33:30.543"
U.S. Federal Reserve Launches QE3,Interest Rate,"U.S. Federal Reserve Launches QE3United States Interest RateThe Federal Reserve said on September 13th it will buy mortgages, fulfilling expectations of more stimulus, in an attempt to foster a recovery in the real estate market. The purchases will continue until the Fed is satisfied that economic conditions, primarily in unemployment, improve.2012-09-13T18:17:58.453"
U.S. Trade Deficit Widens in July,Balance of Trade,"U.S. Trade Deficit Widens in JulyUnited States Balance of TradeU.S. July exports of $183.3 billion and imports of $225.3 billion resulted in a goods and services deficit of $42.0 billion, up from $41.9 billion in June, revised. July exports were $1.9 billion less than June exports of $185.2 billion. July imports were $1.8 billion less than June imports of $227.1 billion.2012-09-11T13:39:55"
U.S. Unemployment Rate Falls to 8.1% in August,Unemployment Rate,"U.S. Unemployment Rate Falls to 8.1% in AugustUnited States Unemployment RateTotal nonfarm payroll employment rose by 96,000 in August, and the unemployment rate edged down to 8.1 percent, the U.S. Bureau of Labor Statistics reported on September 7th. Employment increased in food services and drinking places, in professional and technical services, and in health care.2012-09-07T13:44:33.59"
U.S. GDP Revised Up to 1.7% in Q2,GDP Growth Rate,"U.S. GDP Revised Up to 1.7% in Q2United States GDP Growth RateU.S. Real gross domestic product increased at an annual rate of 1.7 percent in the second quarter of 2012 (that is, from the first quarter to the second quarter), according to the ""second"" estimate released by the Bureau of Economic Analysis.  In the first quarter, real GDP increased 2.0 percent.2012-08-29T13:45:31.827"
U.S. Annual Inflation Down to 1.4% in July,Inflation Rate,"U.S. Annual Inflation Down to 1.4% in JulyUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on August 15th. Over the last 12 months, the all items index increased 1.4 percent before seasonal adjustment.2012-08-15T13:36:52.847"
U.S. Trade Deficit Narrows in June,Balance of Trade,"U.S. Trade Deficit Narrows in JuneUnited States Balance of TradeU.S June exports of $185.0 billion and imports of $227.9 billion resulted in a goods and services deficit of $42.9 billion, down from $48.0 billion in May, revised. June exports were $1.7 billion more than May exports of $183.3 billion. June imports were $3.5 billion less than May imports of $231.4 billion.2012-08-09T13:50:46.627"
"Employment Rises by 163,000 in July",Unemployment Rate,"Employment Rises by 163,000 in JulyUnited States Unemployment RateTotal nonfarm payroll employment rose by 163,000 in July, and the unemployment rate was essentially unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported. 2012-08-03T13:46:14"
U.S. Federal Reserve Leaves Monetary Policy Unchanged,Interest Rate,U.S. Federal Reserve Leaves Monetary Policy UnchangedUnited States Interest RateThe Federal Reserve said on August 1st that the economy is losing strength and repeated a pledge to take further steps to stimulate growth if the job market doesn't show sustained improvement.2012-08-01T19:34:16.03
U.S. Economy Grows 1.5% in Q2,GDP Growth Rate,"U.S. Economy Grows 1.5% in Q2United States GDP Growth RateU.S. real gross domestic product increased at an annual rate of 1.5 percent in the second quarter of 2012, (that is, from the first quarter to the second quarter), according to the ""advance"" estimate released by the Bureau of Economic Analysis.  In the first quarter, real GDP increased 2.0 percent.
2012-07-27T13:54:30.627"
U.S. Annual Inflation Unchanged at 1.7% in June,Inflation Rate,"U.S. Annual Inflation Unchanged at 1.7% in JuneUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on July 17th. Over the last 12 months, the all items index increased 1.7 percent before seasonal adjustment.2012-07-17T13:39:14"
U.S. Trade Deficit Narrows in May,Balance of Trade,"U.S. Trade Deficit Narrows in MayUnited States Balance of TradeU.S. May exports of $183.1 billion and imports of $231.8 billion resulted in a goods and services deficit of $48.7 billion, down from $50.6 billion in April, revised. May exports were $0.4 billion more than April exports of $182.7 billion. May imports were $1.6 billion less than April imports of $233.3 billion.2012-07-11T17:10:19.87"
"U.S. Economy Adds 80K Jobs in June, Unemployment at 8.2%",Unemployment Rate,"U.S. Economy Adds 80K Jobs in June, Unemployment at 8.2%United States Unemployment RateNonfarm payroll employment continued to edge up in June (+80,000), and the unemployment rate was unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported today. Professional and business services added jobs, and employment in other major industries changed little over the month.2012-07-06T13:18:53.097"
US Fed Extends Stimulus Measures,Interest Rate,"US Fed Extends Stimulus MeasuresUnited States Interest RateThe U.S. central bank expanded its “Operation Twist” by $267 billion (€211 billion), meaning it will sell short-term securities and buy long-term ones in an effort to keep borrowing costs down.2012-06-21T09:41:18.747"
U.S. Trade Deficit Narrows in April,Balance of Trade,"U.S. Trade Deficit Narrows in AprilUnited States Balance of TradeU.S.exports of $182.9 billion and imports of $233.0 billion resulted in a goods and services deficit of $50.1 billion, down from $52.6 billion in March, revised.2012-06-09T16:39:28.96"
U.S. GDP Revised Down to 1.9% in Q1,GDP Growth Rate,"U.S. GDP Revised Down to 1.9% in Q1United States GDP Growth RateReal gross domestic product located in the United States increased at an annual rate of 1.9 percent in the first quarter of 2012 (that is, from the fourth quarter to the first quarter), according to the ""second"" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2011, real GDP increased 3.0 percent.2012-06-03T22:28:19.357"
"U.S. Economy Added 69K jobs in May, Unemplyment Rate Up to 8.1%",Unemployment Rate,"U.S. Economy Added 69K jobs in May, Unemplyment Rate Up to 8.1% United States Unemployment RateU.S. Nonfarm payroll employment changed little in May (+69,000), and the unemployment rate went up to 8.2 percent, the U.S. Bureau of Labor Statistics reported on June 1st. Employment increased in health care, transportation and warehousing, and wholesale trade but declined in construction. Employment was little changed in most other major industries.2012-06-01T13:41:29.803"
U.S. Annual Inflation Down to 2.3% in April,Inflation Rate,"U.S. Annual Inflation Down to 2.3% in AprilUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in April on a seasonally adjusted basis, the U.S. Bureau of  Labor Statistics reported today. Over the last 12 months, the all items index increased 2.3 percent before seasonal adjustment.2012-05-15T13:35:37.517"
U.S. Trade Deficit Widens in March,Balance of Trade,"U.S. Trade Deficit Widens in MarchUnited States Balance of TradeTotal March exports of $186.8 billion and imports of $238.6 billion resulted in a goods and services deficit of $51.8 billion, up from $45.4 billion in February, revised. March exports were $5.3 billion more than February exports of $181.5 billion. March imports were $11.7 billion more than February imports of $226.9 billion.
2012-05-10T13:41:51.88"
U.S. GDP Up 2.2% in Q1,GDP Growth Rate,"U.S. GDP Up 2.2% in Q1United States GDP Growth RateU.S. real gross domestic product increased at an annual rate of 2.2 percent in the first quarter of 2012 (that is, from the fourth quarter to the first quarter), according to the ""advance"" estimate released by the Bureau of Economic Analysis.  In the fourth quarter of 2011, real GDP increased 3.0 percent.
2012-05-07T16:44:08.587"
"U.S. Unemployment Down to 8.1% in April, Nonfarm Payrolls Up 115K",Unemployment Rate,"U.S. Unemployment Down to 8.1% in April, Nonfarm Payrolls Up 115KUnited States Unemployment RateU.S. Nonfarm payroll employment rose by 115,000 in April, and the unemployment rate was little changed at 8.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, retail trade, and health care, but declined in transportation and warehousing.2012-05-04T13:41:07.967"
U.S. Federal Reserve Reaffirms Low-Rate Policy,Interest Rate,U.S. Federal Reserve Reaffirms Low-Rate PolicyUnited States Interest RateU.S. Federal Reserve on April 25th confirmed the plan to keep short-term interest rates near zero through late 2014 and modestly toned down their assessment of the economy's performance. 2012-04-25T21:09:14.703
U.S. Annual Inflation Rate Down to 2.7% in March,Inflation Rate,"U.S. Annual Inflation Rate Down to 2.7% in MarchUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in March on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the all items index increased 2.7 percent before seasonal adjustment.2012-04-13T13:34:59.473"
U.S. Trade Deficit Narrows in February,Balance of Trade,"U.S. Trade Deficit Narrows in FebruaryUnited States Balance of TradeTotal February exports of $181.2 billion and imports of $227.2 billion resulted in a goods and services deficit of $46.0 billion, down from $52.5 billion in January, revised.  February exports were $0.2 billion more than January exports of $180.9 billion. February imports were $6.3 billion less than January imports of $233.4 billion.2012-04-12T13:37:02.29"
"U.S. Added 120K Jobs in March, Unemployment At 8.2%",Unemployment Rate,"U.S. Added 120K Jobs in March, Unemployment At 8.2%United States Unemployment RateNonfarm payroll employment rose by 120,000 in March, and the unemployment rate was little changed at 8.2 percent, the U.S. Bureau of Labor Statistics reported. Employment rose in manufacturing, food services and drinking places, and health care, but was down in retail trade.2012-04-06T13:37:03.257"
U.S. Annual Inflation Rate at 2.9% in February,Inflation Rate,"U.S. Annual Inflation Rate at 2.9% in FebruaryUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in February on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the all items index increased 2.9 percent before seasonal adjustment.2012-03-16T19:09:42.267"
U.S. Fed Keeps Monetary Policy Unchanged,Interest Rate,"U.S. Fed Keeps Monetary Policy Unchanged United States Interest RateThe Federal Reserve acknowledged recent signs of strength in the economy and said recent financial market strains have eased, offering few clues on the chances for further monetary easing.2012-03-13T18:38:37.66"
U.S. Trade Deficit Widens in January,Balance of Trade,"U.S. Trade Deficit Widens in JanuaryUnited States Balance of TradeTotal January exports of $180.8 billion and imports of $233.4 billion resulted in a goods and services deficit of $52.6 billion, up from $50.4 billion in December, revised. January exports were $2.6 billion more than December exports of $178.2 billion. January imports were $4.7 billion more than December imports of $228.7 billion.2012-03-09T13:50:55"
"U.S. Economy Adds 227K Jobs in February, Jobless Rate at 8.3%",Unemployment Rate,"U.S. Economy Adds 227K Jobs in February, Jobless Rate at 8.3%United States Unemployment RateU.S. Nonfarm payroll employment rose by 227,000 in February, and the unemployment rate was unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported. Employment rose in professional and businesses services, health care and social assistance, leisure and hospitality, manufacturing, and mining.2012-03-09T13:39:06.04"
U.S. GDP Revised Up to 3% in Q4,GDP Growth Rate,"U.S. GDP Revised Up to 3% in Q4United States GDP Growth RateU.S. real gross domestic product increased at an annual rate of 3.0 percent in the fourth quarter of 2011 (that is, from the third quarter to the fourth quarter), according to the ""second"" estimate released by the Bureau of Economic Analysis.  In the third quarter, real GDP increased 1.8 percent.2012-02-29T13:46:36.337"
U.S. Annual Inflation Rate Down to 2.9% in January,Inflation Rate,"U.S. Annual Inflation Rate Down to 2.9% in JanuaryUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported. Over the last 12 months,  the all items index increased 2.9 percent before seasonal adjustment2012-02-17T19:16:50.6"
U.S. Trade Deficit Widens in December,Balance of Trade,"U.S. Trade Deficit Widens in DecemberUnited States Balance of TradeTotal December exports of $178.8 billion and imports of $227.6 billion resulted in a goods and services deficit of $48.8 billion, up from $47.1 billion in November, revised. 2012-02-10T13:38:25.36"
"U.S. Jobless Rate Down to 8.3%, Nonfarm Payrolls Up by 243K",Unemployment Rate,"U.S. Jobless Rate Down to 8.3%, Nonfarm Payrolls Up by 243K United States Unemployment RateTotal U.S. nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent, the U.S. Bureau of Labor Statistics Total U.S.nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent, the U.S. Bureau of Labor Statistics reported on February 3rd. Job growth was widespread in the private sector, with large employment gains in professional and business services, leisure and hospitality, and manufacturing. 
2012-02-03T13:40:28.26"
U.S. Economy Expands 2.8% in Q4,GDP Growth Rate,"U.S. Economy Expands 2.8% in Q4United States GDP Growth RateU.S.real gross domestic product increased at an annual rate of 2.8 percent in the fourth quarter of 2011 (that is, from the third quarter to the fourth quarter), according to the ""advance"" estimate released by the Bureau of Economic Analysis. 2012-01-27T17:44:01.66"
U.S. Fed Said No Rate Hikes Until at Least Late 2014,Interest Rate,"U.S. Fed Said No Rate Hikes Until at Least Late 2014United States Interest RateThe U.S. Federal Reserve on Wednesday said it will not raise interest rates until at least late 2014, even later than investors expected, in an effort to support a sluggish economic recovery.2012-01-25T17:50:33.397"
U.S.Annual Inflation Down to 3% in December,Inflation Rate,"U.S.Annual Inflation Down to 3% in DecemberUnited States Inflation RateOver the last 12 months, Consumer Price Index for All Urban Consumers (CPI-U)increased 3.0 percent before seasonal adjustment.It was unchanged in December on a seasonally adjusted basis, the U.S. Bureau  of Labor Statistics reported on January 19th. 2012-01-19T18:42:11.733"
U.S. Trade Deficit Widens in November,Balance of Trade,"U.S. Trade Deficit Widens in NovemberUnited States Balance of TradeNovember exports of $177.8 billion and imports of $225.6 billion resulted in a goods and services deficit of $47.8 billion, up from $43.3 billion in October, revised. 2012-01-13T15:48:56.2"
Unemployment Rate Falls to 8.5 percent,Unemployment Rate,"Unemployment Rate Falls to 8.5 percentUnited States Unemployment RateNonfarm payroll employment rose by 200,000 in December, and the unemployment rate, at 8.5 percent, continued to trend down, the U.S. Bureau of Labor Statistics reported. Job gains occurred in transportation and warehousing, retail trade, manufacturing, health care, and mining.2012-01-06T13:49:00.5"
U.S. GDP Revised Down to 1.8% in Q3,GDP Growth Rate,"U.S. GDP Revised Down to 1.8% in Q3United States GDP Growth RateU.S. real gross domestic product increased at an annual rate of 1.8 percent in the third quarter of 2011 (that is, from the second quarter to the third quarter), according to the ""third"" estimate released by the Bureau of Economic Analysis.  In the second quarter, real GDP increased 1.3 percent.2011-12-22T13:36:38.59"
U.S. Annual Inflation Down to 3.4% in November,Inflation Rate,"U.S. Annual Inflation Down to 3.4% in NovemberUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on December 16th. Over the last 12 months, the all items index increased 3.4 percent before seasonal adjustment.2011-12-16T13:37:34"
Fed Leaves Monetary Policy Unchanged,Interest Rate,Fed Leaves Monetary Policy UnchangedUnited States Interest RateThe U.S. Federal Reserve has left interest rates unchanged and said that it will continue with its bond-buying stimulus programme.2011-12-13T23:09:12.03
U.S. Trade Deficit Shrinks in October,Balance of Trade,"U.S. Trade Deficit Shrinks in OctoberUnited States Balance of TradeU.S. trade deficit narrowed in October to the lowest level of the year, reflecting a drop in imports. 2011-12-09T13:51:36.16"
U.S. Unemployment Rate Falls to 8.6% in November,Unemployment Rate,"U.S. Unemployment Rate Falls to 8.6% in NovemberUnited States Unemployment RateThe unemployment rate fell by 0.4 percentage point to 8.6 percent in November, and nonfarm payroll employment rose by 120,000. Employment continued to trend up in retail trade, leisure and hospitality, professional and business services, and health care. Government employment continued to trend down.2011-12-04T15:28:11.683"
U.S. GDP Growth Revised Down to 2% in Q3,GDP Growth Rate,"U.S. GDP Growth Revised Down to 2% in Q3United States GDP Growth RateReal gross domestic product increased at an annual rate of 2.0 percent in the third quarter of 2011 (that is, from the second quarter to the third quarter) according to the ""second"" estimate released by the Bureau of Economic Analysis.  In the second quarter, real GDP increased 1.3 percent.
2011-11-22T13:48:53.68"
U.S. Trade Deficit Narrows in September,Balance of Trade,"U.S. Trade Deficit Narrows in SeptemberUnited States Balance of TradeTotal September exports of $180.4 billion and imports of $223.5 billion resulted in a goods and services deficit of $43.1 billion, down from $44.9 billion in August, revised.2011-11-10T13:47:46.94"
"U.S. Nonfarm Payrolls up 80K in October, Unemployment Rate at 9%",Unemployment Rate,"U.S. Nonfarm Payrolls up 80K in October, Unemployment Rate at 9%United States Unemployment RateU.S. nonfarm payroll employment continued to trend up in October (+80,000), and the unemployment rate was little changed at 9.0 percent, the U.S. Bureau of Labor Statistics reported on November 4. Employment in the private sector rose, with modest job growth continuing in professional and businesses services, leisure and hospitality, health care, and mining. Government employment continued to trend down.
2011-11-04T12:44:37.35"
U.S. Federal Reserve Leaves Policy Unchanged,Interest Rate,"U.S. Federal Reserve Leaves Policy UnchangedUnited States Interest RateU.S. Federal Reserve left monetary policy on hold on November 2nd and offered a moderately brighter economic outlook, but flagged risks to growth that appeared to leave open the door for further easing.2011-11-02T16:42:36.03"
U.S. Economy Grows 2.5% in Q3,GDP Growth Rate,"U.S. Economy Grows 2.5% in Q3United States GDP Growth RateU.S. real gross domestic product increased at an annual rate of 2.5 percent in the third quarter of 2011 (that is, from the second quarter to the third quarter) according to the ""advance"" estimate released by the Bureau of Economic Analysis.  In the second quarter, real GDP increased 1.3 percent.2011-10-27T13:38:02.063"
U.S. Annual Inflation Rate at 3.9% in September,Inflation Rate,"U.S. Annual Inflation Rate at 3.9% in SeptemberUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.9 percent before seasonal adjustment.2011-10-19T13:38:06.377"
U.S. Trade Deficit Unchanged in August,Balance of Trade,"U.S. Trade Deficit Unchanged in AugustUnited States Balance of TradeTotal August exports of $177.6 billion and imports of $223.2 billion resulted in a goods and services deficit of $45.6 billion, virtually unchanged from July, revised.  August exports were $0.1 billion less than July exports of $177.7 billion. August imports were $0.1 billion less than July imports of $223.3 billion.2011-10-13T13:42:02.98"
"U.S. Nonfarm Payrolls Rise in September, Unemployment Rate Steady",Unemployment Rate,"U.S. Nonfarm Payrolls Rise in September, Unemployment Rate SteadyUnited States Unemployment RateU.S. Nonfarm payroll employment edged up by 103,000 in September, and the unemployment rate held at 9.1 percent, the U.S. Bureau of Labor Statistics reported on October 7.2011-10-07T13:42:34.05"
US GDP Growth Revised Up to 1.3% in Q2,GDP Growth Rate,"US GDP Growth Revised Up to 1.3% in Q2United States GDP Growth RateReal gross domestic product in the United States increased at an annual rate of 1.3 percent in the second quarter of 2011, (that is, from the first quarter to the second quarter), according to the ""third"" estimate released by the Bureau of Economic Analysis.  In the first quarter, real GDP increased 0.4 percent.
2011-09-29T16:53:10.913"
US Federal Reserve to Launch $400bn Stimulus,Interest Rate,"US Federal Reserve to Launch $400bn StimulusUnited States Interest RateThe Federal Reserve announced its aid to the U.S. economy, launching an effort to put more downward pressure on long-term interest rates over time and help the battered housing sector.
2011-09-22T10:14:56.55"
U.S. Annual Inflation Rate Rises to 3.8% in August,Inflation Rate,"U.S. Annual Inflation Rate Rises to 3.8% in AugustUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in August on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on September 15. Over the last 12 months, the all  items index increased 3.8 percent before seasonal adjustment.2011-09-15T15:05:46.153"
U.S. Trade Deficit Narrows in July,Balance of Trade,"U.S. Trade Deficit Narrows in JulyUnited States Balance of TradeThe U.S. Department of Commerce, announced on September 9, that total July exports of $178.0 billion and imports of $222.8 billion resulted in a goods and services deficit of $44.8 billion, down from $51.6 billion in June, revised.  2011-09-08T13:41:13.467"
U.S. Employment Stagnated in August,Unemployment Rate,"U.S. Employment Stagnated in AugustUnited States Unemployment RateU.S. nonfarm payroll employment was unchanged (0) in August, and the unemployment rate held at 9.1 percent, the U.S. Bureau of Labor Statistics reported on September 2. Employment in most major industries changed little over the month. Health care continued to add jobs, and a decline in information employment reflected a strike. Government employment continued to trend down.2011-09-02T13:38:13.22"
U.S. GDP Revised Down to 1% in Q2,GDP Growth Rate,"U.S. GDP Revised Down to 1% in Q2United States GDP Growth RateU.S. real gross domestic product increased at an annual rate of 1.0 percent in the second quarter of 2011, (that is, from the first quarter to the second quarter), according to the ""second"" estimate released by the Bureau of Economic Analysis.  In the first quarter, real GDP increased 0.4 percent.2011-08-26T13:36:52.693"
U.S. Annual Inflation Rate at 3.6% in July,Inflation Rate,"U.S. Annual Inflation Rate at 3.6% in JulyUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on August 18. Over the last 12 months, the all items index increased 3.6 percent before seasonal adjustment.2011-08-18T13:55:18.72"
U.S. Trade Deficit Widens in June,Balance of Trade,"U.S. Trade Deficit Widens in JuneUnited States Balance of TradeU.S. trade deficit in goods and services increased to $53.1 billion in June from $50.8 billion (revised) in May, as exports decreased more than imports. 2011-08-11T13:28:40.763"
U.S. Fed to Keep Rates at Record Lows at Least Through Mid-2013,Interest Rate,U.S. Fed to Keep Rates at Record Lows at Least Through Mid-2013United States Interest RateThe Federal Reserve pledged for the first time to keep its benchmark interest rate at a record low at least through mid-2013 in a bid to revive the flagging recovery after a worldwide stock rout. 2011-08-09T19:30:00.463
"U.S. Economy Adds 117K Jobs in July, Unemployment Down to 9.1%",Unemployment Rate,"U.S. Economy Adds 117K Jobs in July, Unemployment Down to 9.1%United States Unemployment RateU.S. payrolls increased 117K, above market expectations for an 85K gain, the Labor Department said on August 5. The unemployment rate dropped to 9.1% from 9.2% in June, as a result of people leaving the labor force.2011-08-05T13:53:17"
U.S. Economy Grows Just 1.3% in Q2,GDP Growth Rate,"U.S. Economy Grows Just 1.3% in Q2United States GDP Growth RateUnited States real gross domestic product increased at an annual rate of 1.3 percent in the second quarter of 2011, (that is, from the first quarter to the second quarter), according to the ""advance"" estimate released by the Bureau of Economic Analysis. First-quarter growth was revised down sharply to a 0.4% rate from the earlier estimate of a 1.9% gain. 2011-07-29T13:44:53.433"
U.S. Annual Inflation Rate Unchanged at 3.6% in June,Inflation Rate,"U.S. Annual Inflation Rate Unchanged at 3.6% in JuneUnited States Inflation RateU.S. Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.2 percent in June on a seasonally adjusted basis, the U.S. Bureau  of Labor Statistics reported on July 15. Over the last 12 months, the all items index increased 3.6 percent before seasonal adjustment.2011-07-15T13:45:49.56"
U.S. Trade Deficit Widens in May,Balance of Trade,"U.S. Trade Deficit Widens in MayUnited States Balance of TradeU.S. trade deficit in goods and services increased to $50.2 billion in May from $43.6 billion (revised) in April, as imports increased and exports decreased.2011-07-12T13:38:35.93"
"U.S. June Nonfarm Payrolls Rise 18K, Jobless Rate Up to 9.2%",Unemployment Rate,"U.S. June Nonfarm Payrolls Rise 18K, Jobless Rate Up to 9.2% United States Unemployment RateU.S. Nonfarm payroll employment was essentially unchanged in June (+18,000), and the unemployment rate rose to 9.2% from 9.1% in May. Employment in most major private-sector industries changed little over the month. Government employment continued to trend down.2011-07-08T13:43:17.073"
U.S. Economic Growth Revised up to 1.9% in Q1,GDP Growth Rate,"U.S. Economic Growth Revised up to 1.9% in Q1United States GDP Growth RateReal gross domestic product in the United States increased at an annual rate of 1.9 percent in the first quarter of 2011, (that is, from the fourth quarter to the first quarter), according to the ""third"" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 3.1 percent.2011-06-27T14:05:18.177"
U.S. Federal Reserve Federal Holds Interest Rates,Interest Rate,"U.S. Federal Reserve Federal Holds Interest Rates United States Interest RateThe Federal Reserve decided to hold interest rates at historic low levels as the US recovery is slower and weaker than expected, and hinted that more government relief could come if the recovery stalls.2011-06-22T19:31:28.597"
U.S. Inflation Rate Rises to 3.6% in May,Inflation Rate,"U.S. Inflation Rate Rises to 3.6% in MayUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased  0.2 percent in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on June 15. Over the last 12 months, the all  items index increased 3.6 percent before seasonal adjustment.2011-06-15T13:39:41.28"
U.S. Trade Deficit Narrows in April,Balance of Trade,"U.S. Trade Deficit Narrows in AprilUnited States Balance of TradeU.S. international trade deficit in goods and services decreased to $43.7 billion in April from $46.8 billion (revised) in March, as exports increased and imports decreased. 2011-06-09T13:47:28.547"
U.S. Employment Held Back by Weak Economy,Unemployment Rate,"U.S. Employment Held Back by Weak Economy      United States Unemployment RateNonfarm payroll employment changed little (+54,000) in May, and the unemployment rate was up to 9.1 percent from 9 percent in April, the U.S. Bureau of Labor Statistics reported on June 3. 2011-06-03T13:39:50.687"
U.S. Inflation Raises to 3.2% in April,Inflation Rate,"U.S. Inflation Raises to 3.2% in AprilUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 3.2 percent over the last 12 months, before seasonal adjustment, the U.S. Bureau of Labor Statistics reported on May 13. 2011-05-13T13:41:40"
U.S. Trade Deficit Widens in March,Balance of Trade,"U.S. Trade Deficit Widens in MarchUnited States Balance of TradeU.S. international trade deficit in goods and services increased to $48.2 billion in March from $45.4 billion (revised) in February, as imports increased more than exports.2011-05-11T13:35:24.763"
US Payrolls Rise 244K in April; Unemployment Rate at 9.0%,Unemployment Rate,"US Payrolls Rise 244K in April; Unemployment Rate at 9.0% United States Unemployment RateUS nonfarm payroll employment rose by 244,000 in April, and the unemployment rate edged up to 9.0 percent, the U.S. Bureau of Labor Statistics reported on May 6. Job gains occurred in several service-providing industries, manufacturing, and mining.2011-05-07T13:23:40.14"
U.S. Economy Grew 1.8% in Q1,GDP Growth Rate,"U.S. Economy Grew 1.8% in Q1United States GDP Growth RateUnited States GDP increased at an annual rate of 1.8 percent in the first quarter of 2011 (that is, from the fourth quarter to the first quarter) according to the advance estimate released by the Bureau of Economic Analysis.  In the fourth quarter, real GDP increased 3.1 percent.2011-04-28T13:39:12.667"
US Federal Reserve Holds Rates Steady,Interest Rate,US Federal Reserve Holds Rates Steady United States Interest RateThe Federal Reserve signaled on April 27 it is in no rush to scale back its extensive support for the economy and said a run-up in commodity prices that has dented growth should be fleeting.2011-04-27T16:52:15.127
U.S. Inflation Raises 2.7% in March,Inflation Rate,"U.S. Inflation Raises 2.7% in MarchUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in March on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on April 15. Over the last 12 months, the all items index increased 2.7 percent before seasonal adjustment.2011-04-15T12:36:15.843"
U.S. Trade Deficit Narrows in February,Balance of Trade,"U.S. Trade Deficit Narrows in FebruaryUnited States Balance of TradeU.S. international trade deficit in goods and services decreased to $45.8 billion in February from $47.0 billion (revised) in January, as imports dropped more than exports.2011-04-12T12:38:39.287"
"U.S. Jobless Drops to 8.8%, Payrolls Increase by 216K in March",Unemployment Rate,"U.S. Jobless Drops to 8.8%, Payrolls Increase by 216K in MarchUnited States Unemployment RateU.S. Nonfarm payroll employment increased by 216,000 in March, and the unemployment rate was little changed at 8.8 percent, the U.S. Bureau of Labor Statistics reported on April 1. Job gains occurred in professional and business services, health care, leisure and hospitality, and mining. Employment in manufacturing continued to trend up.2011-04-01T12:39:18.357"
U.S. Economy Grew 3.1% in Q4,GDP Growth Rate,"U.S. Economy Grew 3.1% in Q4United States GDP Growth RateReal gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 3.1 percent in the fourth quarter of 2010, (that is, from the third quarter to the fourth quarter), according to the ""third"" estimate released by the Bureau of Economic Analysis.  In the third quarter, real GDP increased 2.6 percent.2011-03-25T13:09:30.263"
U.S. Inflation Rises to 2.1% in February,Inflation Rate,"U.S. Inflation Rises to 2.1% in FebruaryUnited States Inflation RateU.S. Consumer Price Index for All Urban Consumers (CPI-U) increased 2.1 percent before seasonal adjustment over the last 12 months, the Bureau of Labor Statistics reported on March 17. For the month, the index increased 0.5 percent prior to seasonal adjustment. 2011-03-17T12:39:32.717"
Federal Reserve Leaves Rates Unchanged,Interest Rate,"Federal Reserve Leaves Rates UnchangedUnited States Interest RateThe Federal Reserve maintained its ultra-loose monetary policy on Tuesday, saying the economy was gaining traction while flagging potential inflation risks from costlier energy and food.
2011-03-15T19:06:39.89"
U.S. Trade Deficit Widens in January,Balance of Trade,"U.S. Trade Deficit Widens in JanuaryUnited States Balance of TradeU.S. trade deficit in goods and services increased to $46.3 billion in January from $40.3 billion (revised) in December, as imports increased more than exports.  2011-03-10T13:40:03.137"
"U.S. Economy Adds 192,000 Jobs in February",Unemployment Rate,"U.S. Economy Adds 192,000 Jobs in FebruaryUnited States Unemployment RateU.S. nonfarm payroll employment increased by 192,000 in February, and the unemployment rate was little changed at 8.9 percent, the U.S. Bureau of Labor Statistics reported on March 4. Job gains occurred in manufacturing, construction, professional and business services, health care, and transportation and warehousing.2011-03-04T13:40:08.113"
U.S. GDP Growth Revised Down to 2.8% in Q4,GDP Growth Rate,"U.S. GDP Growth Revised Down to 2.8% in Q4United States GDP Growth RateU.S. real gross domestic product increased at an annual rate of 2.8 percent in the fourth quarter of 2010, (that is, from the third quarter to the fourth quarter), according to the ""second"" estimate released by the Bureau of Economic Analysis.  In the third quarter, real GDP increased 2.6 percent.2011-02-25T13:37:23"
US Inflation Rises 1.6% in January,Inflation Rate,"US Inflation Rises 1.6% in JanuaryUnited States Inflation RateUS Consumer Price Index for All Urban Consumers (CPI-U) increased 1.6 percent over the last 12 months to an index level of 220.223  (1982-84=100). For the month, inflation rate increased 0.4 percent in January on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on February 17. 
2011-02-17T13:42:16.883"
US Trade Deficit Widens in 2010,Balance of Trade,"US Trade Deficit Widens in 2010United States Balance of TradeUS trade deficit increased to $497.8 billion in 2010 from $374.9 billion in 2009, as imports increased more than exports. The trade deficit increased to $40.6 billion in December 2010 from $38.3 billion (revised) in November, as imports increased more than exports. 2011-02-11T13:43:43.72"
U.S. Unemployment Rate Drops to 9% in January,Unemployment Rate,"U.S. Unemployment Rate Drops to 9% in JanuaryUnited States Unemployment RateU.S. unemployment rate fell by 0.4 percentage point to 9.0 percent in January, while nonfarm payroll employment changed little (+36,000), the U.S. Bureau of Labor Statistics reported on February 4. Employment rose in manufacturing and in retail trade but was down in construction and in transportation and warehousing. Employment in most other major industries changed little over the month.2011-02-04T13:44:09.673"
U.S. GDP Growth Accelerates in the Fourth Quarter,GDP Growth Rate,"U.S. GDP Growth Accelerates in the Fourth QuarterUnited States GDP Growth RateU.S. real gross domestic product  increased at an annual rate of 3.2 percent in the fourth quarter of 2010, (that is, from the third quarter to the fourth quarter), according to the ""advance"" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 2.6 percent.2011-01-28T14:18:51"
US Federal Reserve Holds Rates Steady,Interest Rate,"US Federal Reserve Holds Rates SteadyUnited States Interest RateThe Federal Reserve's Open Market Committee on January 26, made no policy changes, holding its key interest rate at historic low range of 0% to 0.25% and continuing on course with its $600 billion program of Treasury purchases. 2011-01-26T19:25:30.217"
US Inflation Rises 1.5% in December,Inflation Rate,"US Inflation Rises 1.5% in DecemberUnited States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in December on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported on January 14. Over the last 12 months,the all items index increased 1.5 percent before seasonal adjustment.2011-01-14T13:37:32.687"
U.S. Trade Deficit Narrows in November,Balance of Trade,"U.S. Trade Deficit Narrows in NovemberUnited States Balance of TradeUnited States trade deficit in goods and services decreased to $38.3 billion in November from $38.4 billion (revised) in October, as exports increased more than imports. 2011-01-13T14:11:08.78"
US Unemployment Rate Falls to 9.4% in December,Unemployment Rate,"US Unemployment Rate Falls to 9.4% in DecemberUnited States Unemployment RateThe unemployment rate fell by 0.4 percentage point to 9.4 percent in December, and nonfarm payroll employment increased by 103,000, the U.S. Bureau of Labor Statistics reported today. Employment rose in leisure and hospitality and in health care but was little changed in other major industries.
2011-01-07T13:51:12.867"
US Third Quarter GDP Revised Up,GDP Growth Rate,"US Third Quarter GDP Revised UpUnited States GDP Growth RateReal gross domestic product in the United States increased at an annual rate of 2.6 percent in the third quarter of 2010, (that is, from the second quarter to the third quarter), according to the third estimate released by the Bureau of Economic Analysis.  In the second quarter, real GDP increased 1.7 percent.2010-12-22T15:34:21.027"
US Inflation Slows Down in November,Inflation Rate,"US Inflation Slows Down in NovemberUnited States Inflation RateOn a seasonally adjusted basis, the CPI-U increased 0.1 percent in November after increasing 0.2 percent in October. The index for all items less food and energy rose 0.1 percent in November after being unchanged in October. On an annual basis, overall CPI was up 1.1 percent from November 2009.2010-12-15T18:32:16.46"
US Federal Reserve Keeps Policy on Hold,Interest Rate,"US Federal Reserve Keeps Policy on HoldUnited States Interest RateThe U.S. Federal Reserve said on December 14, the economic recovery was still too slow to bring down unemployment, reaffirming its commitment to purchase $600 billion in bonds to stimulate growth and create jobs.2010-12-14T19:40:43.677"
US Trade Deficit Shrinks in October,Balance of Trade,"US Trade Deficit Shrinks in OctoberUnited States Balance of TradeUnited States international trade deficit in goods and services decreased to $38.7 billion in October from $44.6 billion (revised) in September, as exports increased and imports decreased.2010-12-10T13:41:17.763"
US Unemployment Edges up in November; Payrolls Change Little,Unemployment Rate,"US Unemployment Edges up in November; Payrolls Change LittleUnited States Unemployment RateThe unemployment rate edged up to 9.8 percent in November, and nonfarm payroll employment was little changed (+39,000), the U.S. Bureau of Labor Statistics reported on December 3. 2010-12-05T22:17:16.81"
"U.S. Economy Grew 2.5% in Third Quarter, Revised From 2%",GDP Growth Rate,"U.S. Economy Grew 2.5% in Third Quarter, Revised From 2%United States GDP Growth RateThe U.S. economy grew at a 2.5 percent annual rate in the third quarter, more than previously calculated, as companies increased shipments abroad and Americans boosted their spending. 
2010-11-23T16:15:18.627"
Core US Inflation Falls to Record Low,Inflation Rate,"Core US Inflation Falls to Record LowUnited States Inflation RateLiving costs in the US have been held down by a weakened economy in the past year, with prices for most goods and services recording their smallest annual rises on record in October.2010-11-17T14:59:54.783"
Trade Deficit in U.S. Shrinks as Exports Climb to Two-Year High,Balance of Trade,"Trade Deficit in U.S. Shrinks as Exports Climb to Two-Year HighUnited States Balance of TradeThe U.S. trade deficit shrank more than forecast in September as exports climbed to the highest level in two years, showing a weaker dollar is helping strengthen the economic recovery.2010-11-11T04:23:44.897"
"U.S. Added 151,000 Jobs in October, Unemployment at 9.6%",Unemployment Rate,"U.S. Added 151,000 Jobs in October, Unemployment at 9.6% United States Unemployment RatePayrolls rose more than forecast in October, a sign businesses may be starting to look past what the Federal Reserve calls the “disappointingly slow” U.S. recovery toward a faster pace of growth.2010-11-05T13:33:12"
US Federal Reserve to Spend $600 Billion to Speed Up Recovery,Interest Rate,US Federal Reserve to Spend $600 Billion to Speed Up RecoveryUnited States Interest RateThe Federal Reserve moved Wednesday to jolt the economy into recovery with a bold but risky plan to pump $600 billion into the banking system. 2010-11-04T10:50:42.553
US GDP Grows a Modest 2% in 3rd quarter,GDP Growth Rate,"US GDP Grows a Modest 2% in 3rd quarterUnited States GDP Growth RateUnited States real gross domestic product increased at an annual rate of 2.0 percent in the third quarter of 2010, (that is, from the second quarter to the third quarter), according to the ""advance"" estimate released by the Bureau of Economic Analysis.  In the second quarter, real GDP increased 1.7 percent.2010-10-30T17:21:59.72"
U.S. Economy Grew 1.7% in Second Quarter,GDP Growth Rate,"U.S. Economy Grew 1.7% in Second Quarter United States GDP Growth RateThe U.S. economy grew at a 1.7 percent annual rate in the second quarter, marking the start of a slowdown in growth that has concerned the Federal Reserve.2010-10-02T12:57:47.34"
US Federal Reserve Lays Groundwork for Possible Further Stimulus,Interest Rate,"US Federal Reserve Lays Groundwork for Possible Further StimulusUnited States Interest RateThe Federal Reserve on Tuesday inched closer to fresh steps to bolster a sluggish U.S. recovery, saying it stood ready to provide more support for the economy and expressing stronger concerns about low inflation.
2010-09-21T22:27:43.293"
U.S. Consumer Prices Rose 0.3% in August,Inflation Rate,"U.S. Consumer Prices Rose 0.3% in AugustUnited States Inflation RateThe cost of living in the U.S. climbed in August for a second month as energy and food prices increased, while other goods and services showed little change.2010-09-17T14:05:35.53"
US Trade Deficit Narrows in July,Balance of Trade,"US Trade Deficit Narrows in July United States Balance of TradeThe US trade deficit dropped more than expected in July as exports reached their highest level in two years, boosting hopes for the US economic recovery.2010-09-09T22:24:43.15"
US Payrolls Fall Less Than Expected in August,Unemployment Rate,"US Payrolls Fall Less Than Expected in AugustUnited States Unemployment RateU.S. employment fell for a third straight month in August, but the decline was far less than expected and private payrolls growth surprised on the upside, easing pressure on the Federal Reserve to prop up growth.2010-09-03T13:45:22.893"
ADP Estimates Companies in U.S. Unexpectedly Cut Jobs,Unemployment Rate,"ADP Estimates Companies in U.S. Unexpectedly Cut JobsUnited States Unemployment RateCompanies in the U.S. unexpectedly cut workers in August, data from a private report based on payrolls showed. Employment fell by 10,000, according to figures today from ADP Employer Services. 
2010-09-01T12:11:45.81"
U.S. Economy Grew a Revised 1.6%,GDP Growth Rate,"U.S. Economy Grew a Revised 1.6%United States GDP Growth RateThe U.S. economy grew at a 1.6 percent annual rate in the second quarter, less than previously calculated, as companies reined in inventories and the trade deficit widened.2010-08-27T11:53:39.447"
U.S. Consumer Prices Climb in July,Inflation Rate,"U.S. Consumer Prices Climb in JulyUnited States Inflation RateThe cost of living in the U.S. climbed in July for the first time in four months, pointing to a stabilization that may ease concern a slowdown in growth will spur deflation.2010-08-13T10:44:17.07"
US Trade Deficit Widens Sharply in June,Balance of Trade,"US Trade Deficit Widens Sharply in JuneUnited States Balance of TradeThe trade deficit widened a surprising 18.8 percent in June on a surge of consumer goods from China and other suppliers, suggesting second-quarter economic growth was much weaker than previously thought.2010-08-11T10:28:07.18"
Fed to Buy Treasuries with Maturing Mortgage Debt,Interest Rate,Fed to Buy Treasuries with Maturing Mortgage DebtUnited States Interest RateThe US Federal Reserve on Tuesday said it would begin funneling proceeds from its maturing mortgage bonds into longer-term government debt in an effort to support a sputtering economic recovery.2010-08-10T14:27:28.98
"US Economy Sheds 131,000 Jobs in July",Unemployment Rate,"US Economy Sheds 131,000 Jobs in JulyUnited States Unemployment RateTotal nonfarm payroll employment declined by 131,000 in July, and the unemployment rate was unchanged at 9.5 percent, the U.S. Bureau of Labor Statistics reported. Federal government employment fell, as 143,000 temporary workers hired for the decennial census completed their work. Private-sector payroll employment edged up by 71,000.2010-08-06T09:39:11.237"
"ADP Estimates Companies in U.S. Added 42,000 Jobs",Unemployment Rate,"ADP Estimates Companies in U.S. Added 42,000 JobsUnited States Unemployment RateCompanies in the U.S. added more workers in July than forecast, data from a private report based on payrolls showed2010-08-04T10:19:37.263"
Flat Consumer Spending Adds to Recovery Worries,News,"Flat Consumer Spending Adds to Recovery WorriesUnited States NewsConsumer spending and incomes were unexpectedly flat in June while personal savings were the highest in a year, implying an anemic economic recovery for the remainder of this year.2010-08-03T10:53:06.457"
US Economic Growth Slows in Second Quarter,GDP Growth Rate,"US Economic Growth Slows in Second QuarterUnited States GDP Growth RateGross Domestic Product in the United States slowed in the second quarter (April to June) to 2.4% annual rate from 3.7% in the previous quarter.
2010-08-02T04:32:15.897"
US Consumer Confidence Falls in July,News,"US Consumer Confidence Falls in July United States NewsConfidence among U.S. consumers declined in July to a five-month low, a sign the lack of jobs will limit the economy’s recovery. 
2010-07-27T10:18:30.66"
US Consumer Prices Dip for Third Month,Inflation Rate,"US Consumer Prices Dip for Third MonthUnited States Inflation RateAmerican consumers saw prices fall for the third consecutive month in June on the back of lower gasoline costs, the government said Thursday amid concerns over deflation.
2010-07-18T21:02:14.3"
Trade Gap in U.S. Widened in May,Balance of Trade,"Trade Gap in U.S. Widened in MayUnited States Balance of TradeThe trade deficit in the U.S. unexpectedly widened 4.8 percent in May to $42.3 billion, the highest level since November 2008, as a gain in imports outpaced growth in exports. 
2010-07-13T09:37:47.96"
"US Payrolls Fall, Private Hiring Below Forecasts",Unemployment Rate,"US Payrolls Fall, Private Hiring Below ForecastsUnited States Unemployment RateEmployment fell for the first this year in June as thousands of temporary census jobs ended and private hiring grew less than expected, dealing a blow to President Barack Obama who has identified job creation as a key priority.2010-07-02T08:57:20.607"
U.S. Companies Added 13K Workers: ADP said,Unemployment Rate,"U.S. Companies Added 13K Workers: ADP saidUnited States Unemployment RateCompanies in the U.S. added fewer workers in June than forecast, according to data from a private report based on payrolls. 2010-06-30T09:34:44"
Fed Holds Interest Rates Steady,Interest Rate,Fed Holds Interest Rates Steady United States Interest RateThe Federal Reserve acknowledged a faltering pace of U.S. economic recovery and renewed its vow to hold benchmark interest rates exceptionally low for an extended period.2010-06-23T14:28:31.683
Consumer Prices in U.S. Fell 0.2% in May,Inflation Rate,"Consumer Prices in U.S. Fell 0.2% in MayUnited States Inflation RateThe cost of living in the U.S. dropped in May for a second month, signaling the world’s largest economy is recovering without causing prices to flare.2010-06-17T09:35:39.53"
U.S. Trade Deficit Expands In April,Balance of Trade,"U.S. Trade Deficit Expands In AprilUnited States Balance of TradeThe U.S. trade deficit widened a bit in April, as the value of crude imports hit the highest level in a year and a half.2010-06-10T09:54:27.227"
"U.S. Payrolls Rise 431,000 in May",Unemployment Rate,"U.S. Payrolls Rise 431,000 in MayUnited States Unemployment RateEmployers in the U.S. hired fewer workers in May than forecast and Americans dropped out of the labor force, showing a lack of confidence in the recovery that may lead to slower economic growth. 2010-06-04T08:54:52"
"U.S. Companies Added 55,000 Workers in May, ADP Says",Unemployment Rate,"U.S. Companies Added 55,000 Workers in May, ADP SaysUnited States Unemployment RateCompanies in the U.S. added workers in May, according to data from a private report based on payrolls.2010-06-03T11:13:28.993"
US Economic Recovery Will Be Challenged in the Months Ahead,GDP Growth Rate,"US Economic Recovery Will Be Challenged in the Months AheadUnited States GDP Growth RateOn June 25, the United States GDP growth for the first quarter of 2010 was revised down to 2.7%, showing that the recovery in the biggest economy in the world may not be as strong as many have expected. 2010-05-29T16:53:37"
US Economy Expands Less Than First Estimated,GDP Growth Rate,"US Economy Expands Less Than First EstimatedUnited States GDP Growth RateThe U.S. economy grew in the first quarter 3%, a slower pace than previously calculated, reflecting smaller gains in consumer and business spending.
2010-05-27T09:40:51.553"
Consumer Prices in U.S. Unexpectedly Drop,Inflation Rate,"Consumer Prices in U.S. Unexpectedly DropUnited States Inflation RateThe cost of living in the U.S. unexpectedly dropped in April for the first time in more than a year, signaling the world’s largest economy is recovering without causing prices to flare.2010-05-19T10:38:25.12"
U.S. Trade Deficit Increases to One-Year High,Balance of Trade,"U.S. Trade Deficit Increases to One-Year HighUnited States Balance of TradeThe trade deficit in the U.S. widened in March to the highest level in more than a year as the cost of imported oil climbed and companies restocked shelves with goods bought abroad. 
2010-05-12T09:45:02.947"
Payrolls in U.S. Rise by Most in Four Years,Unemployment Rate,"Payrolls in U.S. Rise by Most in Four YearsUnited States Unemployment RateEmployment grew at the fastest pace in four years in April as businesses ramped up hiring, suggesting the economic recovery was growing less dependent on government support.2010-05-08T18:57:26.133"
US Economy Expands 3.2%,GDP Growth Rate,"US Economy Expands 3.2%United States GDP Growth RateThe U.S. economy expanded at a 3.2 percent annual rate in the first quarter as consumers stepped up spending, the strongest sign yet a sustainable recovery is taking hold.
2010-04-30T10:35:21.27"
Fed Renews Low Rate Promise,Interest Rate,Fed Renews Low Rate PromiseUnited States Interest RateThe Federal Reserve sounded cautiously more upbeat on the U.S. economic recovery and jobs  as it renewed its promise to keep interest rates low for an "extended period."2010-04-28T14:58:33.47
US Economic Recovery Poised to be Weak,GDP Growth Rate,"US Economic Recovery Poised to be WeakUnited States GDP Growth RateHigh unemployment, a weak housing market and budget deficits of both local and state governments may significantly slow the pace of economic expansion in the United States. 2010-04-17T16:08:07"
Goldman Sachs Charged With Fraud by SEC,News,Goldman Sachs Charged With Fraud by SECUnited States NewsGoldman Sachs Group Inc was charged with fraud on Friday by the U.S. Securities and Exchange Commission in the structuring and marketing of a debt product tied to subprime mortgages.2010-04-16T11:46:47.15
Consumer Prices in U.S. Rise 0.1%,Inflation Rate,"Consumer Prices in U.S. Rise 0.1%United States Inflation RateThe cost of living in the U.S. rose in March, while prices excluding food and energy were unexpectedly unchanged, indicating tame inflation is accompanying the economic recovery. 
2010-04-14T09:34:06.42"
March Retail Sales in U.S. Rise More Than Forecast,News,"March Retail Sales in U.S. Rise More Than ForecastUnited States NewsSales at U.S. retailers climbed in March more than anticipated, signaling consumers will play a bigger role in a broadening economic recovery. 
2010-04-14T09:31:27.28"
Trade Deficit in U.S. Widens,Balance of Trade,"Trade Deficit in U.S. WidensUnited States Balance of TradeThe trade deficit in the U.S. widened in February more than anticipated as imports climbed, adding to evidence of a rebound in economic growth. 
2010-04-13T09:57:52.55"
"Payrolls in U.S. Rose 162,000 in March; Unemployment at 9.7%",Unemployment Rate,"Payrolls in U.S. Rose 162,000 in March; Unemployment at 9.7%United States Unemployment RateEmployment in the U.S. increased in March by the most in three years and the unemployment rate held at 9.7 percent as companies gained confidence the economic recovery will be sustained.2010-04-02T08:47:28.31"
ADP Says U.S. Companies Cut Payrolls,Unemployment Rate,"ADP Says U.S. Companies Cut PayrollsUnited States Unemployment RateCompanies in the U.S. unexpectedly cut payrolls in March, according to data from a private report based on payrolls. 2010-03-31T10:34:15.57"
Consumer Prices in U.S. Unchanged,Inflation Rate,"Consumer Prices in U.S. UnchangedUnited States Inflation RateThe cost of living in the U.S. was unchanged in February, underscoring the Federal Reserve’s forecast that inflation will remain low as the economy recovers.
2010-03-18T11:21:27.793"
Fed Retains Pledge to Keep Rates Low for Extended Period,Interest Rate,Fed Retains Pledge to Keep Rates Low for Extended PeriodUnited States Interest RateThe Federal Reserve held benchmark rates near zero on Tuesday and renewed a promise to keep them exceptionally low for an extended period while pointing to increased momentum in the economy's recovery.2010-03-16T14:27:17.93
Trade Gap in U.S. Unexpectedly Falls,Balance of Trade,Trade Gap in U.S. Unexpectedly FallsUnited States Balance of TradeThe trade deficit in the U.S. unexpectedly narrowed in January as demand for foreign oil and automobiles dropped. 2010-03-11T10:06:33.57
"Payrolls in U.S. Fell 36,000; Unemployment at 9.7%",Unemployment Rate,"Payrolls in U.S. Fell 36,000; Unemployment at 9.7%United States Unemployment RateThe jobless rate in the U.S. held at 9.7 percent in February and employment declined less than forecast, even as severe winter weather forced some employers to temporarily close.2010-03-05T09:17:26"
"ADP Says U.S. Companies Cut 20,000 Jobs in February",Unemployment Rate,"ADP Says U.S. Companies Cut 20,000 Jobs in FebruaryUnited States Unemployment RateU.S. companies in February cut the fewest jobs in two years, according to data from a private report based on payrolls.
2010-03-03T11:16:51.247"
"Despite Recent Growth, US Recovery is Still Weak",GDP Growth Rate,"Despite Recent Growth, US Recovery is Still WeakUnited States GDP Growth RateIn the fourth quarter of 2009, the United States economy expanded at an annualized rate of 5.9% giving the impression that the recovery in world’s largest economy has been stronger than expected. Yet, growth was mainly due to inventory rebuilding and the recent economic expansion maybe short lived. 2010-02-26T15:16:38.837"
U.S. Economy Grew at 5.9% in Q4,GDP Growth Rate,"U.S. Economy Grew at 5.9% in Q4United States GDP Growth RateThe U.S. economy expanded at a 5.9 percent annual rate in the fourth quarter, more than the government reported last month, reflecting stronger business investment and a greater contribution from inventories.
2010-02-26T09:48:01.04"
Consumer Confidence in U.S. Falls,News,"Consumer Confidence in U.S. FallsUnited States NewsConfidence among U.S. consumers fell more than anticipated in February to the lowest level since April 2009 as the outlook for jobs diminished, a sign spending may be slow to gain traction as the economy recovers2010-02-23T10:38:02.677"
US Inflation Rises 0.2%,Inflation Rate,"US Inflation Rises 0.2%United States Inflation RateThe cost of living in the U.S. rose in January less than anticipated and a measure of prices excluding food and fuel fell for the first time since 1982, indicating the recovery is showing few signs of inflation. 
2010-02-19T09:43:48.51"
Fed Raises Discount Rate by Quarter-Point to 0.75%,Interest Rate,Fed Raises Discount Rate by Quarter-Point to 0.75%United States Interest RateThe Federal Reserve Board raised the discount rate charged to banks for direct loans by a quarter point to 0.75 percent and said the move will encourage financial institutions to rely more on money markets rather than the central bank for short-term liquidity needs.2010-02-18T17:44:12.07
Trade Deficit in U.S. Widened in December,Balance of Trade,"Trade Deficit in U.S. Widened in DecemberUnited States Balance of TradeThe trade deficit in the U.S. unexpectedly widened in December, reflecting a jump in petroleum imports that swamped an eighth consecutive gain in exports.
2010-02-10T10:48:14.087"
"US Payrolls Fall in January, Unemployment at 9.7%",Unemployment Rate,"US Payrolls Fall in January, Unemployment at 9.7%United States Unemployment RateEmployers unexpectedly cut 20,000 in January, but the unemployment rate surprisingly fell to a five-month low of 9.7 percent, according to a government report on Friday that hinted at some labor market improvement starting to take root.
2010-02-05T08:38:28.82"
"ADP Says U.S. Companies Cut Estimated 22,000 Jobs",Unemployment Rate,"ADP Says U.S. Companies Cut Estimated 22,000 JobsUnited States Unemployment RateCompanies in the U.S. cut an estimated 22,000 jobs in January, in line with forecasts, according to data from a private report based on payrolls. 2010-02-03T09:32:30.91"
"Despite Recent Growth, US Recovery is Still Weak",GDP Growth Rate,"Despite Recent Growth, US Recovery is Still WeakUnited States GDP Growth RateIn the fourth quarter of 2009, the United States economy expanded at an annualized rate of 5.7% giving the impression that the recovery in world’s largest economy has been stronger than expected. Yet, growth was mainly due to inventory rebuilding and the recent economic expansion maybe short lived.2010-02-02T12:59:10.607"
Economy in U.S. Grew at 5.7%,GDP Growth Rate,Economy in U.S. Grew at 5.7%United States GDP Growth RateThe economy in the U.S. expanded in the fourth quarter at the fastest pace in six years as factories cranked up assembly lines and companies increased investment in equipment and software. 2010-01-29T09:26:28.377
US Federal Reserve Holds Rate Steady,Interest Rate,US Federal Reserve Holds Rate SteadyUnited States Interest RateThe Federal Reserve kept interest rates near zero and restated its intention to cease buying mortgage-backed securities in March. 2010-01-27T14:22:22.693
Consumer Prices in U.S. Rose 0.1% in December,Inflation Rate,"Consumer Prices in U.S. Rose 0.1% in DecemberUnited States Inflation RateThe cost of living in the U.S. slowed in December from a month earlier, indicating the economic recovery is showing few signs of stoking inflation.2010-01-16T14:42:20.423"
Trade Deficit in U.S. Increased,Balance of Trade,"Trade Deficit in U.S. IncreasedUnited States Balance of TradeThe trade deficit in the U.S. widened in November more than anticipated as imports climbed faster than exports, pointing to a rebound in global demand that is fueling growth.
2010-01-12T11:24:15.863"
"US Economy Sheds 85,000 Jobs in December",Unemployment Rate,"US Economy Sheds 85,000 Jobs in DecemberUnited States Unemployment RateU.S. employers unexpectedly cut 85,000 jobs in December, government data showed on Friday, cooling optimism on the labor market's recovery and keeping pressure on President Barack Obama.
2010-01-08T08:42:00.63"
"ADP Says U.S. Companies Cut Estimated 84,000 Jobs",Unemployment Rate,"ADP Says U.S. Companies Cut Estimated 84,000 JobsUnited States Unemployment RateCompanies in the U.S. cut an estimated 84,000 jobs in December, according to a private report based on payroll data. 2010-01-06T09:21:50.01"
US Economy Grows 2.2% in Q3,GDP Growth Rate,"US Economy Grows 2.2% in Q3United States GDP Growth RateThe U.S. economy grew at a much slower pace than previously thought in the third quarter, restrained by weak business investment and a slightly more aggressive liquidation of inventories, data showed on Tuesday.2009-12-22T09:57:49.64"
US Federal Reserve Holds Rates Steady at 0 to 0.25%,Interest Rate,"US Federal Reserve Holds Rates Steady at 0 to 0.25%United States Interest Rate The Federal Reserve repeated its pledge to keep interest rates “exceptionally low” for “an extended period” and said the economy is strengthening.

2009-12-16T14:21:01.597"
Consumer Prices in U.S. Rose 0.4% in November,Inflation Rate,"Consumer Prices in U.S. Rose 0.4% in NovemberUnited States Inflation RateThe cost of living in the U.S. accelerated in November from a month earlier, led by higher prices for energy and medical care.2009-12-16T10:15:33.8"
Trade Deficit in U.S. Narrows,Balance of Trade,Trade Deficit in U.S. NarrowsUnited States Balance of TradeThe trade deficit in the U.S. unexpectedly narrowed in October as rebounding economies overseas and a weaker dollar pushed exports up for a sixth consecutive month. 2009-12-10T09:25:06.173
"Payrolls in U.S. Decline 11,000; Unemployment at 10%",Unemployment Rate,"Payrolls in U.S. Decline 11,000; Unemployment at 10%United States Unemployment RateEmployers in the U.S. cut the fewest jobs in November since the recession began and the unemployment rate unexpectedly fell, signaling the recovery is lifting the labor market out of the worst employment slump in the post-World War II era. 2009-12-04T09:09:21.117"
US Economy Still in a Gridlock,GDP Growth Rate,"US Economy Still in a GridlockUnited States GDP Growth RateIn the third quarter of 2008, United States economy expended 2.5% qoq, indicating that the worst of the recession may be over. Yet, recent data suggests that the recovery is weak and without improvement in the labor market may not be sustainable. 2009-12-02T13:39:42.67"
"ADP Says U.S. Companies Cut Estimated 169,000 Jobs",Unemployment Rate,"ADP Says U.S. Companies Cut Estimated 169,000 JobsUnited States Unemployment RateCompanies in the U.S. cut an estimated 169,000 jobs in November, according to a private report based on payroll data. 2009-12-02T09:47:59.697"
U.S. Economy Expanded 2.8% in Q3,GDP Growth Rate,"U.S. Economy Expanded 2.8% in Q3United States GDP Growth RateThe U.S. economy expanded at a 2.8 percent annual rate in the third quarter, less than the government reported last month, reflecting a smaller gain in consumer spending and a bigger trade deficit.2009-11-24T09:11:31.923"
US Debt May Undermine Long Term Growth Prospects,GDP Growth Rate,"US Debt May Undermine Long Term Growth ProspectsUnited States GDP Growth RateThe United States government has spend trillions of dollars in order to weather the financial crisis. In one hand, the massive fiscal and monetary stimulus has been stimulating the world’s largest economy. But on the other hand it is also likely to undermine long-term growth prospects as the nation will have to take the burden of rising federal deficit and national debt.2009-11-18T21:34:01.43"
Consumer Prices in U.S. Increased 0.3%,Inflation Rate,"Consumer Prices in U.S. Increased 0.3%United States Inflation RateThe cost of living in the U.S. rose more than forecast in October as Americans paid more for fuel, while so-called core prices held at a pace that supports the Federal Reserve’s forecast for tame inflation.
2009-11-18T09:20:34.51"
US Trade Deficit  Increases by Most Since 1999,Balance of Trade,"US Trade Deficit  Increases by Most Since 1999United States Balance of TradeThe trade deficit in the U.S. widened in September by the most in a decade, reflecting rising demand for imported oil and automobiles as the economy rebounded from the worst recession since the 1930s.2009-11-13T09:26:43.377"
Unemployment in U.S. Jumps to 10.2%,Unemployment Rate,"Unemployment in U.S. Jumps to 10.2%United States Unemployment RateThe unemployment rate in the U.S. soared to a 26-year high of 10.2 percent in October and employers cut more jobs than forecast, underscoring why Federal Reserve policy makers say interest rates will remain low until the labor market recovers.2009-11-06T08:38:00.49"
Fed Sees Rates Near Zero for Extended Period,Interest Rate,"Fed Sees Rates Near Zero for Extended PeriodUnited States Interest RateThe U.S. Federal Reserve expressed growing confidence that an economic recovery was building, even though it stuck to its commitment to keep borrowing costs near zero for ""an extended period"". 2009-11-04T14:27:06.457"
"ADP Says U.S. Companies Cut Estimated 203,000 Jobs",Unemployment Rate,"ADP Says U.S. Companies Cut Estimated 203,000 JobsUnited States Unemployment RateCompanies in the U.S. cut an estimated 203,000 jobs in October, according to a private report based on payroll data. 2009-11-04T09:32:22.937"
US Economy Still in a Gridlock,GDP Growth Rate,"US Economy Still in a GridlockUnited States GDP Growth RateIn the third quarter of 2008, United States economy expended 3.5% qoq, indicating that the worst of the recession may be over. However, for number of Americans struggling to find a job and make ends meet, the only sign of health of the economy would be an improvement in labor market. 2009-11-02T13:30:06.133"
US Economy Expands for First Time in a Year,GDP Growth Rate,"US Economy Expands for First Time in a YearUnited States GDP Growth RateThe U.S. economy grew in the third quarter for the first time in more than a year, propelled by stimulus-driven gains in consumer spending and home building. 2009-10-29T09:05:18.137"
Weak Dollar Will Jeopardize the US Economic Recovery,GDP Growth Rate,"Weak Dollar Will Jeopardize the US Economic RecoveryUnited States GDP Growth RateAlthough recent data is signaling that the worst for the US economy may be over, the current pace of growth may not be sustainable. First, the poor condition of the labor market is likely to start having an impact on growth in the form of lower consumer spending. Second, the ongoing weakness in the dollar will eventually make it harder for the US government to keep borrowing money from abroad to stimulate the economy. 2009-10-21T16:59:46.57"
Inflation in U.S. Increased at Slower Pace,Inflation Rate,"Inflation in U.S. Increased at Slower PaceUnited States Inflation RateThe cost of living in the U.S. rose at a slower pace in September, showing inflation will not be a threat as the economy emerges from the worst recession since the Great Depression.2009-10-15T11:35:37.873"
Trade Deficit in U.S. Unexpectedly Narrows,Balance of Trade,Trade Deficit in U.S. Unexpectedly NarrowsUnited States Balance of TradeThe U.S. trade deficit unexpectedly narrowed in August as exports climbed to the highest level of the year and oil imports plunged. 2009-10-09T10:06:30.777
US Service Industries Grow for First Time in a Year,GDP Growth Rate,US Service Industries Grow for First Time in a YearUnited States GDP Growth RateU.S. service industries expanded in September for the first time in a year as the emerging recovery spread from housing and factories to the broader economy. 2009-10-05T12:44:50.043
U.S. Employers Cut More Jobs Than Forecast,Unemployment Rate,"U.S. Employers Cut More Jobs Than ForecastUnited States Unemployment RateEmployers cut more jobs than forecast last month and the unemployment rate rose to a 26-year high, calling into question the sustainability of the economic recovery.2009-10-02T08:38:04.16"
US Economy Shrank 0.7%,GDP Growth Rate,"US Economy Shrank 0.7%United States GDP Growth RateThe world’s largest economy shrank at a 0.7 percent annual rate from April through June, the best performance in more than a year, revised figures from the Commerce Department showed today in Washington. Gross domestic product contracted at a 6.4 percent pace in the first three months of 2009. 2009-09-30T09:46:54.58"
"ADP Says U.S. Companies Cut 254,000 Jobs This Month",Unemployment Rate,"ADP Says U.S. Companies Cut 254,000 Jobs This MonthUnited States Unemployment RateCompanies in the U.S. cut 254,000 jobs this month, more than forecast, a private report based on payroll data showed today. 2009-09-30T09:40:01.443"
"Fed Says Mortgage Purchases to Slow, Sees Stronger Economy",Interest Rate,"Fed Says Mortgage Purchases to Slow, Sees Stronger EconomyUnited States Interest RateThe Federal Reserve on Wednesday said that the U.S. economy was in recovery after a severe downturn and decided to slow purchases of mortgage debt to extend that program's life until the end of next March.2009-09-23T14:23:21.13"
Fed May Signal U.S. Economic Recovery Has Started,Interest Rate,Fed May Signal U.S. Economic Recovery Has StartedUnited States Interest RateFederal Reserve officials may signal that the U.S. economy has started to recover while maintaining their pledge to keep the benchmark interest rate near a record low for an “extended period.”2009-09-23T10:13:12.157
US Inflation Rises,Inflation Rate,"US Inflation RisesUnited States Inflation RateConsumer prices rose 0.4 percent in August, underscoring the Federal Reserve’s view that inflation will be contained. 2009-09-16T09:52:01"
Retail Sales in U.S. Jump 2.7%,Other,"Retail Sales in U.S. Jump 2.7%United States OtherSales at U.S. retailers surged in August by the most in three years, led by a jump in auto purchases as consumers took advantage of the government's ''cash- for-clunkers'' program.2009-09-15T09:11:25.63"
U.S. Trade Deficit Widens Most Since 1999,Balance of Trade,"U.S. Trade Deficit Widens Most Since 1999United States Balance of TradeThe U.S. trade deficit widened in July and imports gained by a record in percentage terms as demand for cars, computers and oil increased.2009-09-10T09:27:24.963"
US Unemployment Rate Rises to 9.7%,Unemployment Rate,"US Unemployment Rate Rises to 9.7%United States Unemployment RateThe U.S. jobless rate in August jumped to 9.7 percent, the highest since 1983, and employers cut another 216,000 jobs, highlighting threats to consumer spending.2009-09-04T08:35:45.6"
"ADP Says U.S. Companies Decreased Payrolls by 298,000 in August",Unemployment Rate,"ADP Says U.S. Companies Decreased Payrolls by 298,000 in AugustUnited States Unemployment RateCompanies in the U.S. cut fewer jobs in August as mounting evidence indicated the worst recession since the Great Depression may be ending, a private report based on payroll data showed today.2009-09-02T08:52:51.957"
US Economy May Be in Gridlock For Longer Than Expected,GDP Growth Rate,"US Economy May Be in Gridlock For Longer Than ExpectedUnited States GDP Growth RateDuring the last few months, both bad and good news have been coming for the US economy. During some days it seems that the worst recession of the last 75 years is over. However, in other days, bad data is released destroying investors’ confidence. 2009-08-27T17:30:37"
U.S. Economy Contracted 1%,GDP Growth Rate,"U.S. Economy Contracted 1%United States GDP Growth RateThe U.S. economy contracted less than anticipated in the second quarter as a jump in government spending and smaller cutbacks by consumers helped mitigate a record plunge in inventories. 
2009-08-27T09:11:00.447"
Fed to Stop Purchasing US Treasuries. Is it too early?,Interest Rate,"Fed to Stop Purchasing US Treasuries. Is it too early?United States Interest RateIn the United States, since the beginning of quantitative easing policy, the Federal Reserve has bought $260bn worth of the Treasuries in order to improve credit conditions. However with the Fed’s buying program almost over, questions arise about the sustainability of the ongoing recovery in financial markets. 2009-08-22T13:32:25.02"
"U.S. Initial Jobless Claims Rose to 576,000",Other,"U.S. Initial Jobless Claims Rose to 576,000United States OtherMore Americans unexpectedly filed claims for jobless benefits last week, indicating companies are trying to cut costs further even as the economy stabilizes. Applications rose to 576,000 in the week ended Aug. 15 from a revised 561,000 the week before, the Labor Department said. The number of people collecting unemployment benefits the week earlier was little changed at 6.24 million. 
2009-08-20T10:03:59.71"
U.S.  Inflation Unchanged in July,Inflation Rate,"U.S.  Inflation Unchanged in JulyUnited States Inflation RateThe cost of living in the U.S. was unchanged in July, and dropped by the most since 1950 from a year ago, as the recession sapped companies’ pricing power. 2009-08-14T09:42:04.75"
Fed Says Treasury Buying to End in October,Interest Rate,Fed Says Treasury Buying to End in OctoberUnited States Interest RateThe Federal Reserve said it will slow the pace of its $300 billion program to buy U.S. Treasuries and anticipates that the full amount will be purchased by the end of October.2009-08-12T14:19:52.677
U.S. Trade Gap Widens Less Than Forecast,Balance of Trade,"U.S. Trade Gap Widens Less Than ForecastUnited States Balance of TradeThe U.S. trade deficit widened less than forecast in June, reflecting a second consecutive gain in exports spurred by a pick-up in economies throughout the world. 2009-08-12T09:39:06.72"
Nonfarm Payroll declines 247K in July,Unemployment Rate,"Nonfarm Payroll declines 247K in JulyUnited States Unemployment RateNonfarm payroll employment continued to decline in July (-247,000),  and the unemployment rate was little changed at 9.4 percent, the U.S. Bureau of Labor Statistics reported today.2009-08-07T09:18:15.977"
"ADP Says U.S. Companies Decreased Payrolls by 371,000",Unemployment Rate,"ADP Says U.S. Companies Decreased Payrolls by 371,000United States Unemployment RateCompanies in the U.S. cut fewer jobs in July as the worst recession since the Great Depression eased, a private report based on payroll data showed today.2009-08-05T11:27:30.807"
U.S. Economy’s Contraction Slowed to 1%,GDP Growth Rate,U.S. Economy’s Contraction Slowed to 1%United States GDP Growth RateThe U.S. economy shrank at a better- than forecast 1 percent annual pace in the second quarter as a jump in government spending masked a deeper retrenchment by consumers.2009-07-31T09:25:37.51
Is the US Economic Recovery Sustainable?,GDP Growth Rate,"Is the US Economic Recovery Sustainable?United States GDP Growth RateA rebound in domestic demand is among the most important pillars of a sustainable recovery. Yet, although it looks like the worst of the recession in the United States is over, at Trading Economics we think that a rising unemployment rate is likely to weaken household spending and temper an upturn in growth, stocks and commodities.2009-07-29T18:41:05"
Fed Should Keep on With Its Expansionary Policy,Interest Rate,"Fed Should Keep on With Its Expansionary PolicyUnited States Interest RateSince the beginning of this financial crisis the Federal Reserve has implemented various measures to improve credit availability and fasten the recovery. However, because of the rapid increase in money supply, many investors are beginning to worry about the need to anchor inflation expectation.2009-07-27T16:05:32.65"
U.S. Consumer Prices Gain 0.7%,Inflation Rate,"U.S. Consumer Prices Gain 0.7%United States Inflation RateThe cost of living in the U.S. rose more than forecast in June, led by a jump in energy costs that overshadowed slower price gains for other goods.2009-07-15T09:23:53.823"
Trade Deficit in U.S. Narrowed in May,Balance of Trade,"Trade Deficit in U.S. Narrowed in MayUnited States Balance of TradeThe U.S. trade deficit unexpectedly narrowed in May to the lowest level in almost a decade as exports jumped while imports of crude oil and auto parts declined.
2009-07-10T09:31:49.253"
"U.S. Economy Will Recover, But Only in 2010",GDP Growth Rate,"U.S. Economy Will Recover, But Only in 2010United States GDP Growth RateIn the first three months of 2009, the US Gross Domestic Product declined by an annualized rate of 5.5 percent. Yet, although the last two quarters have been the weakest in 51 years, we can see some improvement in the economy.2009-07-07T13:10:07.297"
U.S. Payrolls Fall More Than Forecast,Unemployment Rate,"U.S. Payrolls Fall More Than ForecastUnited States Unemployment RateEmployers in the U.S. cut 467,000 jobs in June, the unemployment rate rose and hourly earnings stagnated, offering little evidence the Obama administration’s stimulus package is shoring up the labor marke2009-07-07T12:14:30.293"
U.S. Economy Shrank 5.5% in Q1,GDP Growth Rate,"U.S. Economy Shrank 5.5% in Q1United States GDP Growth RateThe U.S. economy shrank at a 5.5 percent annual rate in the first quarter, reflecting declines in inventories, housing and business spending that have since eased.
2009-06-25T09:26:50.36"
Fed Leaves Bond Purchases Unchanged,Interest Rate,Fed Leaves Bond Purchases UnchangedUnited States Interest RateThe Federal Reserve left its $1.75 trillion bond-purchase program unchanged and said inflation will remain “subdued for some time.”2009-06-24T14:22:39.033
Cost of Living Decreases in the U.S.,Inflation Rate,"Cost of Living Decreases in the U.S.United States Inflation RateThe U.S. consumer price index dropped 1.3 percent in the year ended in May, the most since 1950, the Labor Department said today in Washington. Prices increased just 0.1 percent last month, less than anticipated, after no change in April. 2009-06-17T12:25:25.22"
Weak Pound Curbs Fall in UK Inflation,Inflation Rate,"Weak Pound Curbs Fall in UK InflationUnited States Inflation RateInflation fell in May to its lowest since the beginning of 2008, but remained higher than most economists expected.2009-06-16T08:30:20.13"
U.S. Trade Gap Widened in April,Balance of Trade,"U.S. Trade Gap Widened in AprilUnited States Balance of TradeThe U.S. trade deficit widened in April for a second month as exports dropped to the lowest level in almost three years, offering little sign of an end to the worst global recession in the post-World War II era.2009-06-10T08:56:08.507"
"The U.S. Economy Will Recover, But Only in 2010",GDP Growth Rate,"The U.S. Economy Will Recover, But Only in 2010United States GDP Growth RateIn the first three months of 2009, the U.S. gross domestic product declined by an annualized rate of 5.7 per cent. And although the last two quarters had been the weakest period in 51 years in United States economy, recently we can see some improvements.2009-06-09T16:26:12.207"
Job Losses in the U.S. Slow,Unemployment Rate,"Job Losses in the U.S. SlowUnited States Unemployment RateThe U.S. lost fewer jobs in May than forecast, even as the unemployment rate surged to 9.4% because more people joined the labor force, reinforcing signs the recession is starting to abate.2009-06-05T08:39:26.73"
"ADP Estimates U.S. Companies Cut Payrolls by 532,000 in May",Unemployment Rate,"ADP Estimates U.S. Companies Cut Payrolls by 532,000 in MayUnited States Unemployment RateCompanies in the U.S. cut an estimated 532,000 workers from payrolls in May as the labor market showed little sign of improving even as the recession abated, a private report showed today.2009-06-03T08:34:29.63"
U.S. Economy Contracts by 5.7%,GDP Growth Rate,U.S. Economy Contracts by 5.7%United States GDP Growth RateThe US economy continued to contract in the first quarter of this year as the pain of the recession spreads from consumers to businesses in the face of eroding global demand.2009-05-29T09:36:54.193
U.S. Inflation Unchanged in April,Inflation Rate,"U.S. Inflation Unchanged in AprilUnited States Inflation RateU.S. consumer prices were unchanged in April, but recorded their largest year-on-year drop for more than 50 years, official data showed.2009-05-15T09:08:16.53"
U.S. Trade Deficit Widens,Balance of Trade,U.S. Trade Deficit WidensUnited States Balance of TradeThe U.S. trade deficit widened in March for the first time in eight months as the global economic slump pushed exports to the lowest level in more than two years.2009-05-12T08:49:49.207
U.S. Unemployment Rate Rises to 8.9%,Unemployment Rate,"U.S. Unemployment Rate Rises to 8.9%United States Unemployment RateNonfarm payroll employment continued to decline in April (-539,000), and the unemployment rate rose from 8.5 to 8.9 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. 2009-05-08T08:42:27"
"ADP Says U.S. Companies Reduced Payrolls by 491,000",Unemployment Rate,"ADP Says U.S. Companies Reduced Payrolls by 491,000United States Unemployment RateCompanies in the U.S. cut an estimated 491,000 workers from payrolls in April, indicating the worst of the recession’s job losses may have passed, a private report showed today.2009-05-06T09:15:48.223"
"The U.S. Economy Will Recover, But Only in 2010",GDP Growth Rate,"The U.S. Economy Will Recover, But Only in 2010United States GDP Growth RateDuring the last few months, the United States real GDP fell from a cliff. However, this week the U.S. Federal Reserve Chairman Ben Bernanke told the U.S. Congress the economy is likely to pull out of recession and start growing later this year. So, what is behind the chairman’s optimistic outlook belief? Will the recovery bring relief for distressed households?2009-05-05T17:31:02.723"
Fed Keeps Key Rate Unchanged,Interest Rate,Fed Keeps Key Rate UnchangedUnited States Interest RateFed leaves its target range on interest rates unchanged at 0 - 0.25% while keeping the target for Treasury and other debt purchases untouched. 2009-04-29T11:23:29.227
U.S. Economy Shrank 6.1% in Q1,GDP Growth Rate,"U.S. Economy Shrank 6.1% in Q1United States GDP Growth RateThe U.S. economy plunged again in the first quarter, capping its worst performance in five decades, reflecting a record slump in inventories and further declines in housing.2009-04-29T06:09:53.03"
U.S. Inflation Falls in March,Inflation Rate,"U.S. Inflation Falls in MarchUnited States Inflation RateU.S. consumer prices fell unexpectedly in March and recorded their first annual drop since 1955, government data showed on Wednesday, as slumping demand pushed down energy and food costs.2009-04-19T19:16:24"
U.S. Trade Gap Narrowed in February,Balance of Trade,"U.S. Trade Gap Narrowed in FebruaryUnited States Balance of TradeThe U.S. trade deficit in February unexpectedly narrowed to the lowest level in nine years as demand for Asian cars, toys and electronics collapsed.2009-04-09T07:11:16.36"
Is the U.S. Economy on Its Way to Recovery?,GDP Growth Rate,"Is the U.S. Economy on Its Way to Recovery?United States GDP Growth RateDuring the last few months, the United States GDP has been falling rapidly. What is behind this slump and how long may it take for the economy to recover?2009-04-08T16:39:57"
"U.S. Economy Sheds 663,000 Jobs in March",Unemployment Rate,"U.S. Economy Sheds 663,000 Jobs in MarchUnited States Unemployment RateNonfarm payroll employment continued to decline sharply in March (-663,000), and the unemployment rate rose from 8.1 to 8.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.  2009-04-03T05:51:07.973"
"ADP Says U.S. Companies Reduced Payrolls by 742,000",Unemployment Rate,"ADP Says U.S. Companies Reduced Payrolls by 742,000United States Unemployment RateCompanies in the U.S. cut an estimated 742,000 workers in March, pointing to no relief in sight for the labor market amid the longest recession in seven decades, a private report based on payroll data showed today.2009-04-01T07:01:01.717"
U.S. Economy Contracts 6.3%,GDP Growth Rate,"U.S. Economy Contracts 6.3%United States GDP Growth RateThe U.S. economy shrank in the fourth quarter more than previously estimated, leading to the biggest plunge in corporate earnings in a half century and underscoring why companies are slashing payrolls this year2009-03-26T05:48:18.02"
"Quantitative Easing, Will it Help the U.S. Economy?",Interest Rate,"Quantitative Easing, Will it Help the U.S. Economy?United States Interest RateWith the economic recession deepening at a frightening pace, interest rates all over the world are getting closer to zero. So, since central banks cannot lower rates any further, many are trying to boost the economy by buying government securities hoping to bring down longer term interest rates and fight any deflationary cycles. But, can the so called quantitative easing bring the necessary relief to our distressed financial markets?
2009-03-19T14:11:57.197"
Federal Reserve Keeps Rate at 0.25%,Interest Rate,"Federal Reserve Keeps Rate at 0.25%United States Interest RateFederal Reserve keeps fed funds target range steady, to buy up to $300 bln longer term Treasuries.2009-03-18T11:21:20.117"
Inflation in U.S. Increases More Than Forecast,Inflation Rate,"Inflation in U.S. Increases More Than ForecastUnited States Inflation RateThe cost of living in the U.S. rose more than forecast in February, led by gains in fuel, clothing and automobile prices.2009-03-18T05:51:55.547"
U.S. Trade Gap Narrows,Balance of Trade,U.S. Trade Gap NarrowsUnited States Balance of TradeThe U.S. trade deficit narrowed in January to the lowest level in six years on tumbling American demand for everything from OPEC oil to Japanese automobiles.2009-03-13T06:53:41.627
"Employers in U.S. Cut 651,000 Jobs",Unemployment Rate,"Employers in U.S. Cut 651,000 JobsUnited States Unemployment RateThe U.S. unemployment rate surged in February to the highest level in more than 25 years and the economy lost more than 600,000 jobs for a third consecutive month, pointing to further reductions in spending.2009-03-06T05:37:36.72"
"ADP Says U.S. Companies Reduced Payrolls by 697,000",Unemployment Rate,"ADP Says U.S. Companies Reduced Payrolls by 697,000United States Unemployment RateCompanies cut 697,000 jobs in the U.S. in February as the recession’s grip tightened, offering no sign the pace of the decline in payrolls is easing.2009-03-04T06:38:54.577"
U.S. Economy Is Likely to Deteriorate Further (Update),GDP Growth Rate,"U.S. Economy Is Likely to Deteriorate Further (Update)United States GDP Growth RateThe U.S. economy shrank in the last quarter of 2008 by 6.2% annual rate, a level not seen since 1982. But is this a sign that the economy hit the rock bottom or an indication of a further slump? 2009-03-03T09:35:33.63"
U.S. Economy Shrank 6.2% in Fourth Quarter,GDP Growth Rate,"U.S. Economy Shrank 6.2% in Fourth QuarterUnited States GDP Growth RateThe U.S. economy shrank in the fourth quarter at an even faster pace than previously estimated as consumer spending plunged, companies cut inventories and exports sank.2009-02-27T05:37:36.287"
U.S. Inflation Rose 0.3% in January,Inflation Rate,U.S. Inflation Rose 0.3% in JanuaryUnited States Inflation RateThe cost of living in the U.S. rose in January for the first time in six months as gasoline stopped sliding and retailers tried to push through start-of-year increases even as sales slumped.2009-02-20T05:41:23.99
U.S. Trade Deficit Narrowed in December,Balance of Trade,"U.S. Trade Deficit Narrowed in DecemberUnited States Balance of TradeThe U.S. trade deficit narrowed less than anticipated in December to the smallest in almost six years as the recession pushed oil prices and consumer spending lower, reducing imports.2009-02-11T05:38:22.313"
U.S. Jobless Rate Rises to 16-Year High,Unemployment Rate,U.S. Jobless Rate Rises to 16-Year HighUnited States Unemployment RateUnemployment in the U.S. climbed in January to the highest level since 1992 and payrolls dropped more than forecast as the recession showed no sign of abating.2009-02-06T05:37:39.28
"U.S. Economy Sheds 598,000 Jobs in January",Unemployment Rate,"U.S. Economy Sheds 598,000 Jobs in JanuaryUnited States Unemployment RateNonfarm payroll employment fell sharply in January (-598,000) and the unem-
ployment rate rose from 7.2 to 7.6 percent, the Bureau of Labor Statistics of
the U.S. Department of Labor reported today. 2009-02-06T05:34:20.033"
"ADP Says U.S. Companies Reduced Payrolls by 522,000",Unemployment Rate,"ADP Says U.S. Companies Reduced Payrolls by 522,000United States Unemployment RateCompanies in the U.S. cut an estimated 522,000 jobs in January as the economy weakened at the start of the year, a private report based on payroll data showed today.2009-02-04T06:16:43.447"
U.S. Economy is Likely to Deteriorate Further,GDP Growth Rate,"U.S. Economy is Likely to Deteriorate FurtherUnited States GDP Growth RateThe U.S. economy shrank in the last quarter of 2008 by 3.8% annual rate, a level not seen since 1982. But is this a sign that the economy hit the rock bottom or an indication of a further slump?2009-02-03T16:14:35.03"
U.S. GDP Shrank 3.8% Last Quarter,GDP Growth Rate,"U.S. GDP Shrank 3.8% Last QuarterUnited States GDP Growth RateThe U.S. economy shrank the most since 1982 in the fourth quarter as consumer spending recorded the worst slide in the postwar era, a trajectory that’s likely to continue in coming months.2009-02-01T08:49:00.49"
Fed Keeps Rate Near Zero,Interest Rate,"Fed Keeps Rate Near ZeroUnited States Interest RateThe Federal Reserve left the benchmark interest rate as low as zero, said it’s prepared to purchase Treasury securities to resuscitate lending and warned inflation may recede too quickly.2009-01-28T17:45:51.043"
U.S. Inflation Rose 0.1% in 2008,Inflation Rate,"U.S. Inflation Rose 0.1% in 2008United States Inflation RateThe cost of living in the U.S. fell in December as the recession deepened, capping the smallest annual gain in a half century.2009-01-16T05:48:59.043"
U.S. Trade Gap Narrows,Balance of Trade,"U.S. Trade Gap NarrowsUnited States Balance of TradeThe U.S. trade deficit narrowed 29 percent in November, the most in 12 years, as tumbling oil prices contributed to a record slump in imports that overshadowed a drop in exports.2009-01-13T05:50:42.85"
"Employers in U.S. Cut 524,000 Jobs",Unemployment Rate,"Employers in U.S. Cut 524,000 JobsUnited States Unemployment RateThe U.S. lost 524,000 jobs in December, making last year's collapse in employment the worst since the end of World War II. The jobless rate rose more than forecast to 7.2 percent, a 15-year high, from 6.8 percent.2009-01-09T05:40:20.94"
"ADP Says U.S. Companies Cut 693,000 Jobs in December",Unemployment Rate,"ADP Says U.S. Companies Cut 693,000 Jobs in DecemberUnited States Unemployment RateCompanies in the U.S. eliminated an estimated 693,000 jobs in December, the most since records began in 2001, a private report based on payroll data showed.2009-01-07T05:42:26.55"
U.S. Economy Shrank 0.5% in Q3,GDP Growth Rate,U.S. Economy Shrank 0.5% in Q3United States GDP Growth RateThe U.S. economy shrank in the third quarter at a 0.5 percent annual pace as the now year-old recession intensified.2008-12-23T07:32:19.06
Fed Sets Funds Target Range of 0 to 0.25 percent,Interest Rate,"Fed Sets Funds Target Range of 0 to 0.25 percentUnited States Interest RateThe Federal Open Market Committee decided today to establish a target range for the federal funds rate of 0 to 1/4 percent.  

2008-12-16T11:25:03.19"
U.S. CPI  Fall 1.7% in November,Inflation Rate,"U.S. CPI  Fall 1.7% in NovemberUnited States Inflation RateThe cost of living in the U.S. fell in November by the most on record, as the price of gasoline and other energy costs plunged.2008-12-16T05:47:20.453"
Trade Deficit in U.S. Widens,Balance of Trade,"Trade Deficit in U.S. WidensUnited States Balance of TradeThe U.S. trade deficit unexpectedly widened in October as faltering global demand led to a third consecutive drop in exports, signaling the American economy is sinking even faster than previously estimated.2008-12-11T07:03:11.043"
"U.S. Payrolls Decline by 533,000",Unemployment Rate,"U.S. Payrolls Decline by 533,000United States Unemployment RateU.S. companies slashed payrolls at the fastest pace in 34 years as the economy headed for its deepest and longest recession since World War II.2008-12-05T06:57:14.633"
"U.S. Companies Cut 250,000 Jobs in November",Unemployment Rate,"U.S. Companies Cut 250,000 Jobs in NovemberUnited States Unemployment RateCompanies in the U.S. eliminated an estimated 250,000 jobs in November, the most since November 2001, a private report based on payroll data showed today.2008-12-03T05:49:22.55"
U.S. Economy Shrank 0.5%,GDP Growth Rate,U.S. Economy Shrank 0.5%United States GDP Growth RateThe U.S. economy shrank in the third quarter faster than previously estimated as consumer spending plunged by the most in almost three decades.2008-11-25T05:51:36.107
Inflation in U.S. Dropped 1%,Inflation Rate,Inflation in U.S. Dropped 1%United States Inflation RateThe cost of living in the U.S. dropped in October by the most on record as fuel costs plummeted and retailers discounted automobiles and clothing to entice shell- shocked consumers.2008-11-19T05:49:42.977
U.S. Trade Deficit Fell in September,Balance of Trade,U.S. Trade Deficit Fell in SeptemberUnited States Balance of TradeThe U.S. trade deficit in September narrowed more than forecast as a record decline in the cost of foreign crude oil caused fuel imports to tumble.2008-11-13T05:50:16.85
"U.S. Economy Sheds 240,000 Jobs in October",Unemployment Rate,"U.S. Economy Sheds 240,000 Jobs in OctoberUnited States Unemployment RateNonfarm payroll employment fell by 240,000 in October, and the unemployment rate rose from 6.1 to 6.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.  2008-11-07T05:45:17.947"
U.S. GDP Shrinks at Fastest Pace Since 2001,GDP Growth Rate,"U.S. GDP Shrinks at Fastest Pace Since 2001United States GDP Growth RateThe economy suffered its biggest decline since 2001 in the third quarter, ushering in what may be the worst recession in a quarter-century and boosting the chances of Barack Obama and fellow Democrats in next week's elections.2008-10-30T08:04:16.833"
Fed Cuts Rate to 1%,Interest Rate,"Fed Cuts Rate to 1%United States Interest RateThe Federal Reserve cut its benchmark interest rate by half a percentage point to 1 percent, matching a half-century low, in an effort to avert the worst U.S. economic downturn in the postwar era. 2008-10-29T12:06:46.873"
Fed May Cut Rate to 1%,Interest Rate,Fed May Cut Rate to 1%United States Interest RateThe Federal Reserve may lower its benchmark interest rate to 1 percent today and signal further reductions to levels unseen since Dwight Eisenhower was president2008-10-29T01:15:40.09
U.S. CPI Unchanged in September,Inflation Rate,"U.S. CPI Unchanged in SeptemberUnited States Inflation RateThe cost of living in the U.S. was unchanged in September, restrained by plunging fuel costs and decreases in automobile prices and airline fares that signal the slowing economy is starting to cool inflation.2008-10-16T05:51:34.38"
U.S. Trade Deficit Narrowed on Drop in Fuel Imports,Balance of Trade,U.S. Trade Deficit Narrowed on Drop in Fuel ImportsUnited States Balance of TradeThe U.S. trade deficit narrowed in August as the retreat in oil prices cut the import bill. The gap shrank to $59.1 billion from July's $61.3 billion2008-10-10T09:38:33.52
"Fed, ECB, Central Banks Cut Rates in Coordinated Move",Interest Rate,"Fed, ECB, Central Banks Cut Rates in Coordinated MoveUnited States Interest RateThe Federal Reserve, European Central Bank and four other central banks lowered interest rates in an emergency coordinated bid to ease the economic effects of the financial crisis.2008-10-08T04:59:07.38"
Bernanke Signals Fed Is Prepared to Cut Rates as Crisis Deepens,Interest Rate,Bernanke Signals Fed Is Prepared to Cut Rates as Crisis DeepensUnited States Interest RateFederal Reserve Chairman Ben S. Bernanke signaled policy makers are ready to lower interest rates as the credit freeze worsens the outlook for U.S. economic growth and as inflation concerns wane. 2008-10-07T11:00:47.663
House passes $700 billion financial bailout,Other,"House passes $700 billion financial bailoutUnited States OtherThe House of Representatives approved a $700 billion bailout package for U.S. banks, under pressure from all sides as the effort to head off a spreading financial crisis hung in the balance.2008-10-03T10:42:47.06"
"U.S. Payrolls Fell by 159,000",Unemployment Rate,"U.S. Payrolls Fell by 159,000United States Unemployment RateThe U.S. lost the most jobs in five years in September and earnings rose less than forecast as the credit crisis deepened the economic slowdown.2008-10-03T05:56:28.723"
Will the Rescue Plan Help the U.S. Economy?,GDP Growth Rate,"Will the Rescue Plan Help the U.S. Economy?United States GDP Growth RateOn Wednesday night, the U.S. Senate passed a $700 billion financial-market rescue package. The bill still needs to be accepted by the House of Representatives, but even if it gets approved, will it bring any relief to the U.S. economy?
2008-10-02T12:44:58.11"
U.S. Senate Approves $700 Billion Financial-Rescue,Other,U.S. Senate Approves $700 Billion Financial-RescueUnited States OtherThe U.S. Senate tonight approved a $700 billion financial-rescue plan that funds the biggest government intervention in the markets since the Great Depression. 2008-10-01T19:09:15.32
U.S. Economic Growth Slower,GDP Growth Rate,"U.S. Economic Growth SlowerUnited States GDP Growth RateThe U.S. economy expanded more slowly than previously estimated in the second quarter, showing consumer spending was weakening before the credit crisis intensified.2008-09-26T06:15:38.643"
Dollar Weakens Most Since Euro's 1999 Debut,Currency,Dollar Weakens Most Since Euro's 1999 DebutUnited States CurrencyThe dollar weakened the most against the euro since the European currency's 1999 debut on concern a U.S. proposal to buy $700 billion of troubled assets from financial firms will inflate the budget deficit.2008-09-22T13:25:34.167
What’s Next for the United States?,GDP Growth Rate,"What’s Next for the United States?United States GDP Growth RateAfter one of the most chaotic weeks in Wall Street history the worst may still to come. Indeed, although GDP growth in the second quarter of 2008 was better than expected, one should put more attention to what will happen with U.S. economy in the next two quarters.2008-09-22T12:26:45.42"
U.S Stocks Surge,Stock Market,"U.S Stocks SurgeUnited States Stock MarketU.S. stocks surged, extending the biggest two-day global rally since 1970, as the government moved to halt the credit-market seizure and regulators cracked down on investors seeking to drive down shares of financial companies.2008-09-19T08:09:31.123"
Bank Fears Hit Stocks,Stock Market,"Bank Fears Hit StocksUnited States Stock MarketU.S. stocks extended losses on Wednesday, sending the S&P 500 and the Nasdaq off more than 3 percent, as a spike in inter-bank lending rates fanned fears that credit might be drying up in the global financial system.2008-09-17T09:00:54.193"
Fed Keeps Rate at 2%,Interest Rate,Fed Keeps Rate at 2%United States Interest RateThe Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent. 2008-09-16T11:20:00.26
U.S. Stocks Drop for a Second Day,Stock Market,U.S. Stocks Drop for a Second DayUnited States Stock MarketU.S. stocks declined for a second day after a record jump in overnight lending rates and the credit downgrades of American International Group Inc. showed strains on the financial system are intensifying. 2008-09-16T09:01:00.747
U.S. Inflation Fell for First Time in Almost Two Years,Inflation Rate,U.S. Inflation Fell for First Time in Almost Two YearsUnited States Inflation RateThe cost of living in the U.S. fell in August for the first time in almost two years as falling fuel costs and a slowing economy cooled inflation.2008-09-16T05:46:00.903
S&P 500 Sinks Most Since 2001 Terror Attacks,Stock Market,"S&P 500 Sinks Most Since 2001 Terror AttacksUnited States Stock MarketU.S. stocks tumbled, pushing the Standard & Poor's 500 Index to the steepest drop since the September 2001 terrorist attacks, as Lehman Brothers Holdings Inc.'s bankruptcy and declining commodities increased speculation that credit-market losses and the economic slowdown will worsen. 2008-09-15T14:19:22.25"
Oil Falls More Than $7,News,"Oil Falls More Than $7United States NewsCrude oil fell more than $7 to a seven-month low as Lehman Brothers Holdings Inc. filed for bankruptcy and refineries along the Gulf of Mexico escaped major damage from Hurricane Ike. 
2008-09-15T05:03:38.2"
U.S. Trade Deficit of $62.2 Billion Exceeds Forecast,Balance of Trade,"U.S. Trade Deficit of $62.2 Billion Exceeds ForecastUnited States Balance of TradeThe U.S. trade deficit widened more than forecast in July as oil imports soared to a record, overshadowing gains in exports. 
2008-09-12T03:44:30.9"
Crude Oil Falls,Commodity,Crude Oil FallsUnited States CommodityCrude oil fell to a five-month low in New York and Brent oil in London dropped below $100 a barrel as the Saudi Arabian and Venezuelan oil ministers signaled that OPEC will maintain production levels when it meets today in Vienna. 2008-09-09T11:53:37.957
Global Fears Drive Dollar to One-Year High,Currency,"Global Fears Drive Dollar to One-Year HighUnited States CurrencyThe dollar hit a one-year high on Tuesday as fears over the health of the global economy intensified. The dollar index, which tracks its progress against six leading currencies, rose to a high of 79.776, its strongest for 12 months.2008-09-09T11:40:23.653"
US Unemployment Jumps to 5-year High,Unemployment Rate,"US Unemployment Jumps to 5-year HighUnited States Unemployment RateThe US unemployment rate unexpectedly jumped to a five-year high of 6.1 per cent, according to figures released on Friday, suggesting a bleaker picture of the world’s largest economy.2008-09-05T13:00:52.893"
"Oil, Gas Fall as Gulf Hurricane Weakens",Commodity,"Oil, Gas Fall as Gulf Hurricane WeakensUnited States CommodityCrude oil fell to the lowest in more than four months and natural gas dropped to a low for the year after Hurricane Gustav made landfall as a weaker-than-expected storm, easing concern of major damage to rigs and refineries.2008-09-01T14:03:31.917"
"Crude Oil, Gasoline Advance",Commodity,"Crude Oil, Gasoline AdvanceUnited States CommodityCrude oil and gasoline futures rose as Hurricane Gustav approached the U.S. Gulf coast, halting most regional oil and gas output and shutting local refineries.2008-08-31T20:39:35.123"
U.S. Stocks Fell,Stock Market,"U.S. Stocks FellUnited States Stock MarketU.S. stocks fell, paring the biggest monthly gain since April, as consumer spending slumped and lower- than-estimated earnings from Dell Inc. dragged down technology companies. 2008-08-29T14:06:33.363"
Oil Rises,Commodity,"Oil RisesUnited States CommodityCrude oil headed for its biggest weekly gain in almost two months and natural gas rose as producers evacuated rigs before the arrival of Gustav, forecast to be the largest hurricane in the Gulf of Mexico since Katrina. 2008-08-29T06:20:14.453"
Dollar Falls Against Euro,Currency,Dollar Falls Against EuroUnited States CurrencyThe dollar fell against the euro after a government report showed consumer spending slowed in July and crude oil prices rose.2008-08-29T06:12:16.533
Dollar Rebounds From Week's Low,Currency,Dollar Rebounds From Week's LowUnited States CurrencyThe dollar rebounded from the lowest level against the euro this week as the U.S. economy expanded in the second quarter faster than previously estimated and crude oil prices decreased. 2008-08-28T12:23:29.65
U.S. Stocks Rally,Stock Market,"U.S. Stocks RallyUnited States Stock MarketU.S. stocks climbed for a third day, led by manufacturers and financial companies, after growth in exports helped the economy expand faster than estimated in the second quarter. 2008-08-28T12:09:07.77"
U.S. Economy Grew Faster Than Expected,GDP Growth Rate,"U.S. Economy Grew Faster Than ExpectedUnited States GDP Growth RateThe U.S. economy expanded at a faster pace than previously estimated in the second quarter, helped by surging exports and a smaller decline in inventories. 
2008-08-28T06:03:31.18"
U.S. Stocks Gain on Durable Goods,Stock Market,U.S. Stocks Gain on Durable GoodsUnited States Stock MarketU.S. stocks rose for a second day after orders for durable goods unexpectedly advanced in July and analysts said new investments by Fannie Mae and Freddie Mac will boost their earnings. 2008-08-27T12:23:42.41
Crude Oil Rises a Third Day,Commodity,"Crude Oil Rises a Third DayUnited States CommodityCrude Oil rose for a third day on forecasts Tropical Storm Gustav will strengthen as it enters the Gulf of Mexico, home to 26 percent of U.S. production.2008-08-27T05:37:56.703"
Dollar Falls,Currency,"Dollar FallsUnited States CurrencyThe dollar fell from a six-month high against the euro on speculation weakening business and consumer spending will discourage the Federal Reserve from raising interest rates. 
2008-08-26T18:42:52.457"
Fed Officials Agree Next Rate Move Will Be Increase,Interest Rate,"Fed Officials Agree Next Rate Move Will Be IncreaseUnited States Interest RateFederal Reserve officials agreed at their meeting this month that their next move in interest rates will be to raise them, while reaching no conclusion on the timing of such a decision, records of the gathering show. 2008-08-26T18:37:28.39"
Dollar Rises to Six-Month High,Currency,"Dollar Rises to Six-Month HighUnited States CurrencyThe dollar rose to a six-month high against the euro on evidence the greenback will be the main beneficiary from a global economic slowdown as German business confidence dropped in August more than forecast. 
2008-08-26T08:54:51.17"
U.S. Stocks Drop,Stock Market,U.S. Stocks DropUnited States Stock MarketU.S. stocks fell for the first time in four days as a Kansas bank's failure and speculation AIG Inc. will post a loss heightened concern that credit writedowns will keep rattling the financial system. 2008-08-25T09:09:32.87
Oil Rallies After Sharp Sell-off,Commodity,"Oil Rallies After Sharp Sell-offUnited States CommodityOil prices rallied modestly on Monday, in what traders called a technical rebound after the sharp sell-off at the close of last week.2008-08-25T06:34:33.683"
Gold Prices Fall for a Second Day,Commodity,Gold Prices Fall for a Second DayUnited States CommodityGold fell in London for a second day as a rally in the dollar eroded the appeal of the precious metals as an alternative asset. Silver was little changed. 2008-08-25T06:14:59.863
Dollar Rises,Currency,"Dollar RisesUnited States CurrencyThe dollar rose for a second day against the euro on speculation a drop in oil prices will support growth in the world's largest energy consumer. 
2008-08-25T06:09:15.38"
"Dollar Rises Versus Euro, Yen",Currency,"Dollar Rises Versus Euro, YenUnited States CurrencyThe dollar rose against the euro and the yen as a South Korean bank said it's ``considering'' an investment in Lehman Brothers Holdings Inc., indicating U.S. financial firms may weather credit market turmoil.2008-08-22T08:22:02.35"
Crude Oil Falls on Stronger Dollar,Commodity,Crude Oil Falls on Stronger DollarUnited States CommodityCrude oil fell for the first time in four days as the U.S. dollar strengthened and Turkey restored flows through a Caspian Sea pipeline.2008-08-22T08:17:48.303
Oil Gains a Third Day,Commodity,"Oil Gains a Third DayUnited States CommodityOil rose on speculation that Russian crude may be disrupted because of rising tensions with the U.S., and as the weaker dollar bolstered the hedging appeal of commodities. 2008-08-21T06:25:18.32"
U.S. Dollar Appreciated the Most Since 2005,Currency,"U.S. Dollar Appreciated the Most Since 2005United States CurrencyOver the last weeks the U.S. dollar has rallied at the fastest pace since 2005. For instance, just in a month the greenback appreciated 12% against the Australian dollar, 8% versus the euro, 7% versus the pound and 3% versus the yen. The question here is what is behind that unexpected rebound in the U.S. currency and if dollar strength will continue going forward.2008-08-20T14:17:53.84"
Oil Rises a Second Day,Commodity,Oil Rises a Second DayUnited States CommodityCrude oil rose for a second day as a weakening dollar prompted investors to buy commodities as an inflation hedge. 2008-08-19T19:55:54.023
Dollar Trades Near One-Week Low,Currency,"Dollar Trades Near One-Week LowUnited States CurrencyThe dollar traded near a one-week low versus the yen as stocks declined on speculation credit-market losses at financial firms will deepen. 
2008-08-19T19:52:43.29"
"U.S. Stocks Retreat on Price Report, Housing Data",Stock Market,"U.S. Stocks Retreat on Price Report, Housing DataUnited States Stock MarketU.S. stocks declined for a second day after wholesale prices rose twice as fast as economists estimated, housing starts fell and concern grew that the nation's biggest financial firms will post more losses. 
2008-08-19T09:12:07.34"
Dollar Declines,Currency,Dollar DeclinesUnited States CurrencyThe dollar fell from a seven-month high against the yen and declined versus currencies in New Zealand and Australia on speculation its recent rally is too fast to sustain. 2008-08-18T07:02:34.57
Oil Declines,Commodity,"Oil DeclinesUnited States CommodityCrude oil fell, heading for a second weekly decline, as the stronger dollar diminished the appeal of commodities as an inflation hedge. 2008-08-15T06:48:48.953"
Gold Slumps Below $800,Commodity,Gold Slumps Below $800United States CommodityGold fell below $800 a troy ounce for the first time this year on Friday as the recent sell-off in the commodities sector gathered pace and the dollar hit fresh highs.2008-08-15T06:45:58.797
Dollar Heads for Fifth Weekly Gain,Currency,"Dollar Heads for Fifth Weekly GainUnited States CurrencyThe dollar headed for a fifth weekly gain against the euro, its longest winning streak in more than two years, as crude oil declined and economies from Germany to Japan contracted. 2008-08-15T06:23:40.84"
Crude Oil Rises a Second Day,Commodity,Crude Oil Rises a Second DayUnited States CommodityCrude oil rose for a second day after a U.S. Energy Department report yesterday showed a bigger- than-forecast decline in inventories of gasoline as refiners shut units and imports fell. 2008-08-14T07:20:04.267
U.S. Inflation Rose More Than Forecast in July,Inflation Rate,"U.S. Inflation Rose More Than Forecast in JulyUnited States Inflation RateU.S. consumer prices climbed more than forecast in July, reducing the ability of the Federal Reserve to lower interest rates should the economic slowdown deepen. 2008-08-14T06:22:27.737"
U.S. Stocks Fall on Banking Concern,Stock Market,"U.S. Stocks Fall on Banking ConcernUnited States Stock MarketU.S. stocks fell for the first time in three days after JPMorgan Chase & Co. said it may post more credit losses, pushing the worldwide costs for the collapse of the subprime mortgage market to more than $500 billion. 2008-08-12T13:42:20.613"
Oil Falls,Commodity,"Oil FallsUnited States CommodityCrude oil fell to a 14-week low on speculation that the dollar will strengthen against the euro, weakening the appeal of commodities as an inflation hedge. 2008-08-12T13:39:03.39"
Dollar Heads for Longest Gain Since 2006,Currency,"Dollar Heads for Longest Gain Since 2006United States CurrencyThe dollar headed for a sixth day of gains against the euro, the longest rally since October 2006, on speculation tumbling commodity prices will give a boost to the world's largest economy. 
2008-08-12T09:54:49.847"
Oil Falls for a Third Day,Commodity,"Oil Falls for a Third DayUnited States CommodityCrude oil fell for a third day on signs that a U.S. economic slump will extend into 2009, paring fuel demand in the world's biggest oil consumer. 2008-08-12T06:43:17.517"
U.S. Trade Gap Unexpectedly Narrows,Balance of Trade,U.S. Trade Gap Unexpectedly NarrowsUnited States Balance of TradeThe U.S. trade deficit unexpectedly narrowed in June as the biggest jump in exports in more than four years overcame record imports of petroleum. 2008-08-12T06:39:40.577
"Gold, Platinum, Silver Drop",Commodity,"Gold, Platinum, Silver DropUnited States CommodityGold, platinum and silver plunged to their lowest in more than seven months as the dollar gained against the euro, reducing the appeal of precious metals as an alternative investment to U.S. denominated assets. 2008-08-11T20:42:46.96"
Crude Oil Falls to a 14-Week Low,Commodity,"Crude Oil Falls to a 14-Week LowUnited States CommodityCrude oil fell to a 14-week low on signs that the U.S. economic slump will extend into 2009, crimping fuel demand. 2008-08-11T09:08:58.15"
Dollar Hits 6-month High Vs Euro,Currency,Dollar Hits 6-month High Vs EuroUnited States CurrencyThe dollar stormed to a six-month high against the euro on Monday amid a growing realisation that the US economy was not deteriorating as quickly as others across the globe.2008-08-11T09:04:39.737
What to Expect This Week?,Other,What to Expect This Week?United States OtherThis week the market will be focus on inflation figures. Consumer prices are likely to increase in many countries but may be close to peaking since energy prices are significantly lower than last month. 2008-08-09T16:40:11.213
Dollar Surges vs Euro and Pound,Currency,"Dollar Surges vs Euro and PoundUnited States CurrencyThe dollar surged higher on Friday, hitting a five-month high against the euro and a seventeen-month peak against sterling amid a growing conviction that the effects of the credit crisis were spreading across the globe.2008-08-08T06:45:40.103"
Gold Declines to Eight-Week Low,Commodity,"Gold Declines to Eight-Week LowUnited States CommodityGold dropped to an eight-week low in Asia, heading for a fourth weekly decline, as energy costs fell and the dollar rallied, reducing the precious metal's appeal as a haven investment. 2008-08-07T19:53:59.9"
Crude Oil Trades Near $119,Commodity,"Crude Oil Trades Near $119United States CommodityCrude oil futures traded near $119 a barrel in New York after falling yesterday as U.S. supplies unexpectedly gained amid slowing demand, and the dollar climbed, reducing the appeal of commodities as an inflation hedge.2008-08-07T06:43:20.3"
Crude Oil Falls a Third Day,Commodity,"Crude Oil Falls a Third DayUnited States CommodityCrude oil fell for a third day in New York, trading near $118 a barrel, on concern slowing economic growth in the U.S. and Europe will curb fuel consumption. 2008-08-06T06:53:01.557"
Dollar Trades Near 7-Week High,Currency,Dollar Trades Near 7-Week HighUnited States CurrencyThe dollar traded near a seven-week high against the euro as the price of a barrel of oil tumbled to the lowest level in three months. 2008-08-06T06:46:43.893
Fed Keeps Rate at 2%,Interest Rate,Fed Keeps Rate at 2%United States Interest RateThe Federal Reserve kept its benchmark interest rate at 2 percent for the second consecutive meeting as inflation accelerates and the economic slowdown shows signs of deepening. 2008-08-05T11:18:53.337
Crude Oil Falls to Three-Month Low,Commodity,Crude Oil Falls to Three-Month LowUnited States CommodityCrude oil fell to a three-month low as meteorologists forecast Tropical Storm Edouard will miss most offshore production facilities in the U.S. Gulf Coast while approaching Texas. 2008-08-05T06:43:28.19
Dollar Trades Near 7-Week High Vs Yen,Currency,"Dollar Trades Near 7-Week High Vs YenUnited States CurrencyThe dollar traded near a seven-week high against the yen before a Federal Reserve decision today, when policy makers may leave interest rates on hold and emphasize risks to inflation. 
2008-08-05T06:30:10.313"
Oil Falls As Fears for Growth Intensify,Commodity,"Oil Falls As Fears for Growth IntensifyUnited States CommodityCrude oil prices fell below $120 a barrel for the first time in three months on Monday amid mounting worries about slowing economic growth and signs of rising supplies from Opec, the oil exporting countries cartel.2008-08-04T14:10:56.08"
U.S. Stocks Retreat on Accelerating Inflation,Stock Market,"U.S. Stocks Retreat on Accelerating InflationUnited States Stock MarketU.S. stocks fell for a third day, led by financial shares, after the government reported the fastest jump in consumer prices since 1981 and Europe's biggest bank said bad loans are increasing in North America. 2008-08-04T07:18:15"
Crude Oil Rises,Commodity,"Crude Oil RisesUnited States CommodityCrude oil rose for a second day as a storm threatened U.S. output in the Gulf of Mexico, and Israeli and U.S. officials sought additional sanctions against Iran. 
2008-08-04T06:33:54.293"
Dollar Trades Near 1-Month High,Currency,Dollar Trades Near 1-Month HighUnited States CurrencyThe dollar traded near a one-month high against the euro before a Federal Reserve meeting tomorrow at which policy makers may leave interest rates on hold and signal prices are increasing too quickly. 2008-08-04T06:19:59.54
Dollar Rises Versus Euro,Currency,"Dollar Rises Versus EuroUnited States CurrencyThe dollar rose against the euro as a government report showed employers in the U.S. eliminated fewer jobs last month than analysts forecast, indicating the economy may be weathering the housing slump. 2008-08-01T07:05:24.237"
"U.S. Payrolls Drop 51,000 Jobs",Currency,"U.S. Payrolls Drop 51,000 JobsUnited States CurrencyThe U.S. unemployment rate rose to the highest level in more than four years as employers cut jobs again in July, increasing the threat of a deeper economic slowdown. 
2008-08-01T06:38:22.127"
Dollar Falls as GDP Trails Forecast,Currency,Dollar Falls as GDP Trails ForecastUnited States CurrencyThe dollar fell the most against the euro in almost three weeks as reports showed the U.S. economy grew less than forecast in the second quarter and initial jobless claims rose last week to a five-year high. 2008-07-31T06:59:54.823
U.S. Economy Grew Less Than Forecast,GDP Growth Rate,U.S. Economy Grew Less Than ForecastUnited States GDP Growth RateThe U.S. economy expanded less than forecast in the second quarter as the drag from housing and rising unemployment blunted the impact of federal tax rebates. 2008-07-31T06:07:14.937
U.S. Stocks Rally,Stock Market,"U.S. Stocks RallyUnited States Stock MarketU.S. stocks rallied, led by the biggest gain in energy shares in six years, after oil jumped by more than $4 a barrel and a private report showed an unexpected increase in jobs. 2008-07-30T13:40:30.14"
Oil Rises,Commodity,"Oil RisesUnited States CommodityCrude oil rose more than $1 a barrel after the U.S. Energy Department reported an unexpected decline in gasoline inventories. 
2008-07-30T13:32:17.553"
Dollar Advances to One-Month High,Currency,Dollar Advances to One-Month HighUnited States CurrencyThe dollar rose to a one-month high versus the euro after a private report showed U.S. companies unexpectedly added jobs this month. 2008-07-30T06:34:49.933
Dollar Rises to One-Month High,Currency,"Dollar Rises to One-Month HighUnited States CurrencyThe dollar advanced to a one-month high versus the euro and the yen as U.S. consumer confidence increased and crude oil prices dropped, reducing concern the economy may fall into a recession. 
2008-07-29T08:40:42.973"
Oil Drops on Stronger U.S. Dollar,Commodity,Oil Drops on Stronger U.S. DollarUnited States CommodityCrude oil fell to a 14-week low as the U.S. dollar strengthened against the euro and on signs gasoline demand may extend declin2008-07-29T08:34:00.73
Oil Trades Near 7-Week Low,Commodity,"Oil Trades Near 7-Week LowUnited States CommodityCrude oil traded near a seven-week low in New York after falling as the Organization of Petroleum Exporting Countries and China raise output. 
2008-07-28T20:40:18.99"
Dollar Falls,Currency,Dollar FallsUnited States CurrencyThe dollar fell from near a three- week high against the euro as concern U.S. financial company losses will widen led traders to reduce bets that the Federal Reserve will increase borrowing costs in September. 2008-07-28T10:05:13.123
How Much Longer Can the U.S. Avoid Recession?,GDP Growth Rate,"How Much Longer Can the U.S. Avoid Recession?United States GDP Growth RateSo far, the United States economy has managed to avoid the recession label. In fact, GDP growth in second quarter of 2008 was better than widely expected. But how much longer can the economy resist to several housing, financial and commodity shocks? 2008-07-27T09:32:53.093"
What to Expect This Week?,News,What to Expect This Week?United States NewsThis week we expect several indicators to provide more evidence of slowing economic growth across the globe. 2008-07-27T09:31:28.827
"Gold, Silver Fall as Dollar Gain",Commodity,"Gold, Silver Fall as Dollar GainUnited States CommodityGold fell for a third straight day as the dollar rose to a two-week high against the euro, eroding the appeal of the precious metal as an alternative investment. Silver also fell. 2008-07-24T19:43:56.947"
Dollar Trades Near 1-Month High,Currency,Dollar Trades Near 1-Month HighUnited States CurrencyThe dollar traded near a one-month high against the yen after U.S. lawmakers approved a bill that allows Treasury Secretary Henry Paulson to bail out Fannie Mae and Freddie Mac. 2008-07-24T06:51:12.467
U.S. Stocks Advance,Stock Market,"U.S. Stocks AdvanceUnited States Stock MarketU.S. stocks rose for a second day as oil retreated, lawmakers moved closer to shoring up the mortgage industry and earnings reports from AT&T Inc. and Pfizer Inc. eased concern that the profit slump will worsen. 2008-07-23T15:33:32.33"
Oil Falls Below $125,Commodity,Oil Falls Below $125United States CommodityCrude oil futures fell below $125 a barrel for the first time in seven weeks after a U.S. government report showed that fuel stockpiles increased as consumption tumbled to the lowest in more than a year. 2008-07-23T15:30:45.547
Crude Oil Falls,Commodity,"Crude Oil FallsUnited States CommodityCrude oil fell for a second day in New York after forecasters expect Hurricane Dolly to miss fields in the Gulf of Mexico and the dollar rebounded, curbing investments in commodities. 2008-07-23T06:48:43.037"
Gold Trades Near Lowest in More Than One Week,Commodity,"Gold Trades Near Lowest in More Than One WeekUnited States CommodityGold traded near the lowest in more than a week after crude oil tumbled and the dollar rallied, eroding the precious metal's appeal as a hedge against inflation. 2008-07-23T06:45:36.14"
Dollar Trades Near Two-Week High,Currency,Dollar Trades Near Two-Week HighUnited States CurrencyThe dollar traded near a two-week high against the euro after Treasury Secretary Henry Paulson voiced support for the currency and the Federal Reserve Bank of Philadelphia president said interest rates should be raised. 2008-07-22T19:09:04.973
Dollar Trades Near Record Low,Currency,"Dollar Trades Near Record LowUnited States CurrencyThe dollar traded near a record low against the euro after American Express Co. said profits dropped because more consumers defaulted on loans, raising concern the U.S. economic slowdown will deepen. 2008-07-21T20:54:37.287"
Crude Oil Falls,Commodity,Crude Oil FallsUnited States CommodityCrude oil fell in New York as Tropical Storm Dolly is unlikely to affect oil and natural gas operations in the Gulf of Mexico while heading toward the coast of Texas. 2008-07-21T20:52:18.317
Dollar Falls Against Yen,Currency,Dollar Falls Against YenUnited States CurrencyThe dollar declined against the yen for the first day in four on speculation reports on U.S. home sales and durable-goods orders will encourage the Federal Reserve to delay raising interest rates. 2008-07-20T20:53:37.21
"Oil Rises From Six-Week Low on Tropical Storm, Iran's Nuclear",Commodity,"Oil Rises From Six-Week Low on Tropical Storm, Iran's NuclearUnited States CommodityCrude oil rose from a six-week low in New York as a storm heads toward Mexico and tensions with Iran is poised to escalate after the world's fourth-largest oil producer resisted demands that it suspend nuclear research. 2008-07-20T20:50:16.953"
Dollar Heads for Weekly Gain,Currency,"Dollar Heads for Weekly GainUnited States CurrencyThe dollar headed for a weekly advance against the euro, rebounding from a record low on signs U.S. investment banks will withstand credit-market losses stemming from the collapse of the subprime-mortgage market. 2008-07-18T10:27:14.793"
Oil Trades Near $135,Commodity,Oil Trades Near $135United States CommodityCrude oil traded little changed near $135 a barrel in New York after falling almost 3 percent yesterday as U.S. inventories increased unexpectedly. 2008-07-17T10:38:56.2
Gold Rises,Commodity,"Gold RisesUnited States CommodityGold gained in Asia, after tumbling the most in more than three weeks yesterday, as investors sought a haven on concern the dollar may decline and inflation increase. 
2008-07-16T20:41:08.447"
Dollar Declines Against Euro,Currency,"Dollar Declines Against EuroUnited States CurrencyThe dollar dropped to near a record low against the euro and weakened versus the yen on concern U.S. bank losses and writedowns will increase this week, further eroding confidence in the financial system. 2008-07-16T06:42:22.66"
U.S. Inflation Climb by the Most Since 2005,Inflation Rate,"U.S. Inflation Climb by the Most Since 2005United States Inflation RatePrices paid by U.S. consumers jumped in June by the most since 2005 on spiraling costs for fuel and food, intensifying the pressure on households struggling with falling home prices and the credit crunch. 2008-07-16T06:36:50.967"
U.S. Stocks Decline,Stock Market,"U.S. Stocks DeclineUnited States Stock MarketU.S. stocks dropped, sending the Standard & Poor's 500 Index to the lowest since 2005, as a plunge in oil dragged down energy shares and investors lost confidence in the government's plan to rescue Fannie Mae and Freddie Mac. 2008-07-15T14:44:51.493"
Oil Falls Most in 3 Years,Commodity,Oil Falls Most in 3 YearsUnited States CommodityCrude oil tumbled the most in three years on concern that a slower U.S. economy will curtail demand for oil and gasoline. 2008-07-15T10:42:30.337
Dollar Falls to Record Versus Euro,Currency,"Dollar Falls to Record Versus EuroUnited States CurrencyThe dollar declined to a record low against the euro on speculation Federal Reserve Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson will say credit- market losses are hurting U.S. economic growth. 
2008-07-15T06:45:38.547"
"U.S. Stocks Fall, Led by Biggest Drop in Financials Since 2000",Stock Market,"U.S. Stocks Fall, Led by Biggest Drop in Financials Since 2000United States Stock MarketU.S. stocks fell, sending financial shares to their biggest drop in eight years, on heightened concern that bank failures will spread. 2008-07-14T13:56:03.093"
Crude Oil Pares Losses,Commodity,"Crude Oil Pares LossesUnited States CommodityCrude oil pared losses of almost 2 percent in New York as a five-day strike by Brazilian workers threatened to cut the nation's daily output by more than half. 
2008-07-14T06:34:26.927"
Dollar Gains,Currency,"Dollar GainsUnited States CurrencyThe dollar rose for the first time in four days against the euro after Treasury Secretary Henry Paulson asked Congress for authority to buy stakes in Freddie Mac and Fannie Mae to restore confidence in financial markets. 
2008-07-14T06:26:30.187"
Dollar Falls to Lowest Since April,Currency,Dollar Falls to Lowest Since AprilUnited States CurrencyThe dollar dropped to the lowest level since April and headed for a weekly loss on concern the U.S. government may be forced to take over mortgage lenders Fannie Mae and Freddie Mac. 2008-07-11T06:56:19.13
Crude Oil Jumps More Than $5,Commodity,Crude Oil Jumps More Than $5United States CommodityCrude oil rose more than $5 a barrel in the last hour of New York floor trading as prices breached a level that triggered computer-generated buying programs. 2008-07-10T13:49:04.19
S&P 500 Falls into a Bear Market,Stock Market,"S&P 500 Falls into a Bear MarketUnited States Stock MarketUS financial stocks on Wednesday suffered their worst one-day fall since the credit crisis began nearly a year ago, pushing the S&P 500 into official bear market territory.2008-07-10T06:43:19.933"
Dollar Trades Near Two-Week High Against Euro as Oil Declines,Currency,"Dollar Trades Near Two-Week High Against Euro as Oil DeclinesUnited States CurrencyThe dollar traded near a two-week high against the euro as crude oil prices fell and the Federal Reserve ledged to support credit markets, improving the outlook for the world's biggest economy. 2008-07-08T20:35:01.26"
Oil Falls,Commodity,Oil FallsUnited States CommodityCrude oil fell for a second day as signs that the global economy may slow further prompted investors to sell commodities. 2008-07-08T06:43:05.717
Oil Is Steady After $3 Drop on Dollar,Commodity,"Oil Is Steady After $3 Drop on DollarUnited States CommodityCrude oil was little changed in New York after falling more than $3 a barrel yesterday amid short- lived gains in the dollar and signs economic growth is slowing across Europe, which may curtail energy demand. 2008-07-07T17:37:37.217"
Dollar May Extend Drop,Currency,Dollar May Extend DropUnited States CurrencyThe dollar may fall against the euro before an industry report forecast to show U.S. pending sales of existing homes fell in May by the most in six months. 2008-07-07T17:35:00.347
"Dollar Advances Vs Euro,Yen",Currency,"Dollar Advances Vs Euro,YenUnited States CurrencyThe dollar rose against the euro and the yen on speculation leaders of the Group of Eight nations will signal support for the U.S. currency following a meeting starting today. 2008-07-07T06:24:24.47"
"U.S. Loses 62,000 Jobs",Unemployment Rate,"U.S. Loses 62,000 JobsUnited States Unemployment RateU.S. employers cut jobs in June for a sixth consecutive month as soaring fuel prices and a slowing economy forced companies to reduce costs. 2008-07-03T06:37:41"
Dollar Trades Near Three-Week Low,Currency,Dollar Trades Near Three-Week LowUnited States CurrencyThe dollar traded near a three-week low against the euro before an industry report today that economists say will show U.S. companies cut jobs in June for the first time in four months. 2008-07-02T06:52:34.603
Dollar May Extend Drop Versus Euro,Currency,Dollar May Extend Drop Versus EuroUnited States CurrencyThe dollar may fall for a second day against the euro before a private report forecast to show U.S. companies shed jobs in June for the first time in four months. 2008-07-01T16:12:51.783
Crude Oil Rises,Commodity,"Crude Oil RisesUnited States CommodityOil rose, extending this year's 48 percent gain, after ABC News reported Israel is increasingly likely to attack Iran this year, starting a conflict that would threaten supplies from the Middle East. 2008-07-01T06:27:30.637"
Gold Gains as Dollar May Fall,Commodity,"Gold Gains as Dollar May FallUnited States CommodityGold advanced in Asia on expectation the U.S. dollar may fall before an industry report today that will show U.S. manufacturing shrank, boosting the appeal of the precious meal as an alternative asset. 2008-07-01T06:25:17.73"
Most U.S. Stocks Fall as Banks Slump for 3rd Day,Stock Market,"Most U.S. Stocks Fall as Banks Slump for 3rd DayUnited States Stock MarketMost U.S. stocks fell for a third day, capping the market's worst month in six years, on concern that deepening mortgage losses will force more banks to cut dividends or sell shares at a discount. 2008-06-30T15:18:44.81"
Dollar Trades Near 3-Week Low,Currency,"Dollar Trades Near 3-Week LowUnited States CurrencyThe dollar traded near a three-week low against the yen before government data this week that may show U.S. employers cut jobs for a sixth consecutive month, damping expectations for an increase in interest rates. 2008-06-30T06:33:36.007"
Oil Rises to Record,Commodity,Oil Rises to RecordUnited States CommodityCrude oil rose to a record above $143 a barrel on speculation the dispute over Iran's nuclear program may disrupt supply from OPEC's second-largest producer. 2008-06-30T06:31:12.143
U.S. Stocks Slump,Stock Market,"U.S. Stocks SlumpUnited States Stock MarketU.S. stocks fell a second day, pushing the DJI  to the brink of a bear market, on concern subprime-related writedowns at banks will worsen and record oil and a slowing economy will prolong the worst profit decline since 2002. 2008-06-27T13:42:13.01"
Oil Is Little Changed,Commodity,Oil Is Little ChangedUnited States CommodityCrude oil was little changed in New York near $140 a barrel after falling as traders sold contracts to lock-in profits from yesterday's gain to a record. 2008-06-27T06:55:52.077
Crude Oil Rises on Lower Dollar,Commodity,"Crude Oil Rises on Lower DollarUnited States CommodityCrude oil rose more than $3 a barrel as a lower U.S. dollar spurred investors to purchase commodities as a hedge and Libya said it may cut production. 
2008-06-26T06:47:30.897"
Gold Gains in London on Dollar Weakness,Commodity,"Gold Gains in London on Dollar WeaknessUnited States CommodityGold advanced in London after the dollar fell to the lowest in more than two weeks against the euro, buoying demand for the precious metal as an alternative investment to the U.S. currency. 2008-06-26T06:42:38.753"
Fed Keeps Rate at 2%,Interest Rate,Fed Keeps Rate at 2%United States Interest RateThe Federal Reserve kept its benchmark rate at 2 percent and warned that faster inflation may accompany some strengthening of the economy. 2008-06-25T13:46:50
Oil Drops More Than $4,Commodity,Oil Drops More Than $4United States CommodityCrude oil fell more than $4 a barrel after a U.S. government report showed that inventories rose for the first time in six weeks. 2008-06-25T10:16:48.273
"Dollar Is Little Changed Vs Euro, Yen",Currency,"Dollar Is Little Changed Vs Euro, YenUnited States CurrencyThe dollar was little changed against the euro and the yen before the Federal Reserve ends a two-day meeting at which policy makers will probably keep interest rates unchanged, ending a cycle of seven reductions. 2008-06-25T06:48:02.74"
Dollar Falls Against Euro,Currency,"Dollar Falls Against EuroUnited States CurrencyThe dollar fell against the euro as consumer confidence dropped this month to a 16-year low and housing prices plunged in April, reducing speculation the Federal Reserve will increase borrowing costs later this year. 2008-06-24T10:50:20.467"
Oil Rises as U.S. Dollar Drops,Commodity,"Oil Rises as U.S. Dollar DropsUnited States CommodityCrude oil rose for a third day as the U.S. dollar dropped, enhancing the appeal of commodities as an inflation hedge, and a labor strike threatened to deepen production losses in Nigeria. 2008-06-24T06:58:59.907"
Oil Rises,Commodity,Oil RisesUnited States CommodityCrude oil rose on signs that Saudi Arabia's output increase may not raise global supply enough to make up for production disruptions in Nigeria. 2008-06-23T11:01:33.033
Euro Falls Most Versus Dollar in Week,Commodity,"Euro Falls Most Versus Dollar in WeekUnited States CommodityThe euro dropped the most versus the dollar in more than a week as German business confidence fell in June to the lowest level since 2005, reducing speculation the European Central Bank will increase interest rates this year. 2008-06-23T06:22:54"
Dollar Trades Near 2-Week Low Versus Euro,Currency,"Dollar Trades Near 2-Week Low Versus EuroUnited States CurrencyThe dollar traded near a two-week low against the euro on speculation U.S. reports tomorrow will show falling house prices are eroding confidence among consumers. 
2008-06-22T19:49:47.32"
Oil Is Little Changed on Saudi Production,Commodity,Oil Is Little Changed on Saudi ProductionUnited States CommodityCrude oil was little changed after falling in New York as Saudi Arabia pledged to increase production and militants in Nigeria called a cease-fire in their attacks on oil pipelines and vessels. 2008-06-22T19:45:36.287
U.S. Stocks Drop on Oil's Surge,Stock Market,"U.S. Stocks Drop on Oil's SurgeUnited States Stock MarketU.S. stocks slid to a three-month low, led by consumer and technology companies, as threats of increased violence in the Middle East sent oil prices higher and analysts said demand for electronics may weaken. 2008-06-20T12:53:29.223"
Crude Oil Rises,Commodity,Crude Oil RisesUnited States CommodityCrude oil rose as the weaker dollar enhanced the appeal of commodities as a currency hedge and the New York Times reported that Israel held a rehearsal for a potential bombing attack on nuclear targets in Iran. 2008-06-20T06:37:04.077
Dollar Falls,Currency,"Dollar FallsUnited States CurrencyThe dollar fell, poised for its biggest weekly decline against the euro in almost three months, on speculation the Federal Reserve will delay raising interest rates to support the U.S. economy. 2008-06-20T06:35:25"
Oil Falls More Than $4,Commodity,"Oil Falls More Than $4United States CommodityCrude oil fell more than $4 a barrel, the biggest drop in 11 weeks, on speculation demand will decline, after China said it will raise fuel prices starting tomorrow. 2008-06-19T13:34:14.027"
Dollar Falls to One-Week Low vs Euro,Currency,"Dollar Falls to One-Week Low vs EuroUnited States CurrencyThe dollar declined to a one-week low against the euro on speculation a central bank report today will show a deepening slump in manufacturing, encouraging the Federal Reserve to delay increasing borrowing costs. 2008-06-18T19:10:38.14"
Dollar Advances Against Yen,Currency,Dollar Advances Against YenUnited States CurrencyThe dollar rose against the yen and snapped two days of declines versus the euro as oil fell for a fourth day and rising stocks encouraged investors to buy higher- yielding assets financed in Japan. 2008-06-18T06:39:21.06
Oil Falls for Fourth Day,Commodity,"Oil Falls for Fourth DayUnited States CommodityCrude oil fell for a fourth day in New York on signs that gasoline demand in the U.S., the world's largest consumer, is declining as record prices curb usage. 2008-06-17T19:53:10.967"
Dollar Drops Versus Euro,Currency,Dollar Drops Versus EuroUnited States CurrencyThe dollar dropped against the euro for a second day as declines in housing and industrial production raised speculation that the Federal Reserve will delay increasing borrowing costs this year. 2008-06-17T12:29:41.127
May U.S. Suffer from Stagflation?,GDP Growth Rate,"May U.S. Suffer from Stagflation?United States GDP Growth RateThe U.S. economy may be suffering from its first bout of stagflation since the start of this decade, reports on housing, prices and manufacturing indicated. 2008-06-17T09:54:31.803"
Crude Oil Drops for a Third Day,Commodity,Crude Oil Drops for a Third DayUnited States CommodityCrude oil declined for a third day amid concerns that slower economic growth will curb consumption of oil products. 2008-06-17T06:15:08.463
Dollar Falls Vs Euro,Currency,Dollar Falls Vs EuroUnited States CurrencyThe dollar fell the most against the euro in more than a week as New York state manufacturing shrank in June and Group of Eight finance ministers stopped short over the weekend of calling for a strong U.S. currency. 2008-06-16T13:20:42.19
G8 Warns on Rising Inflation Threat,Inflation Rate,"G8 Warns on Rising Inflation ThreatUnited States Inflation RateHank Paulson, US Treasury secretary, talked up the dollar in Osaka at the weekend as the Group of Eight finance ministers warned of the increasing threat inflation posed to their economies.
2008-06-15T18:29:19.02"
Dollar Little Changed Vs Yen,Currency,Dollar Little Changed Vs YenUnited States CurrencyThe dollar was little changed against the yen after the Group of Eight stopped short of calling for a stronger U.S. currency in a statement after a summit over the weekend. 2008-06-15T18:23:59.983
U.S. Stocks Climb as Oil Declines,Unemployment Rate,"U.S. Stocks Climb as Oil DeclinesUnited States Unemployment RateU.S. stocks rose, paring the week's losses, after oil retreated and some measures of inflation matched economists' forecast, damping speculation the Federal Reserve will boost interest rates this year. 2008-06-13T11:10:31.523"
Dollar Heads for Biggest Weekly Gain in Three Years,Currency,Dollar Heads for Biggest Weekly Gain in Three YearsUnited States CurrencyThe dollar headed for its biggest weekly gain in more than three years against the euro on speculation officials from the Group of Eight nations meeting on the weekend will signal they favor a stronger U.S. currency. 2008-06-13T07:12:58.7
U.S. Consumer Prices Rise 0.6%,Inflation Rate,"U.S. Consumer Prices Rise 0.6%United States Inflation RateU.S. consumer prices rose more than forecast in May as Americans paid more for fuel, underscoring the Federal Reserve's concern that inflation will pick up. 2008-06-13T06:37:37"
Dollar Rises to One-Week High Vs Euro,Currency,"Dollar Rises to One-Week High Vs EuroUnited States CurrencyThe dollar rose to a one-week high against the euro as U.S. retail sales advanced in May more than economists forecast, raising speculation the Federal Reserve will increase borrowing costs this year. 2008-06-12T06:40:32.62"
Gold Holds Above $880,Commodity,Gold Holds Above $880United States CommodityGold held gains above $880 an ounce in Asia after a jump in crude oil and a decline in the dollar boosted the appeal of the precious metal as hedge against inflation and alternative investment. 2008-06-11T20:44:00.007
Dollar Rises to 3-Month High,Currency,Dollar Rises to 3-Month HighUnited States CurrencyThe dollar rose to a three-month high against the yen on speculation Federal Reserve officials speaking today will highlight the risks of inflation. 2008-06-11T06:38:31.997
Gold Falls Most in Two Months as Dollar Jumps,Commodity,"Gold Falls Most in Two Months as Dollar JumpsUnited States CommodityGold tumbled the most in two months as the dollar had the biggest gain since December, reducing the appeal of the precious metal as an alternative investment. Silver also dropped.2008-06-10T19:33:33.373"
How Oil Prices Affect Consumer Spending,Commodity,How Oil Prices Affect Consumer SpendingUnited States CommodityThe price of oil has doubled over the last 12 months reaching almost $140 per barrel last week. How this boom in oil prices may affect global economy and consumer spending?2008-06-10T19:27:26.857
"Dollar Rises Versus Yen, Euro",Currency,"Dollar Rises Versus Yen, EuroUnited States CurrencyThe dollar rose to a three-month high against the yen and climbed versus the euro after Federal Reserve Chairman Ben S. Bernanke said economic risks have faded, spurring traders to boost wagers interest rates will rise. 2008-06-10T07:05:40.73"
U.S. Trade Gap Widened in April,Balance of Trade,"U.S. Trade Gap Widened in AprilUnited States Balance of TradeThe U.S. trade deficit widened in April as the surging cost of oil boosted imports to a record, overshadowing the biggest gain in exports in four years. 2008-06-10T06:38:28.46"
Dollar Rises Most Versus Euro in a Month,Currency,"Dollar Rises Most Versus Euro in a MonthUnited States CurrencyThe dollar rose the most against the euro in a month as U.S. policy makers indicated they're concerned about the currency's 7 percent drop this year. 
2008-06-09T12:04:00.813"
Oil Falls More Than $4,Commodity,"Oil Falls More Than $4United States CommodityCrude oil fell more than $4 a barrel in New York after Saudi Arabia's oil minister, Ali al-Naimi, called for a meeting of oil producing and consuming nations to discuss how to deal with record prices. 2008-06-09T12:01:11.313"
U.S. Stocks Plunge,Stock Market,"U.S. Stocks PlungeUnited States Stock MarketU.S. stocks tumbled, sparking the Dow Jones Industrial Average's worst sell-off in 15 months, after a jump in the unemployment rate and a $10-a-barrel rise in oil heightened concern the economy will sink into a recession. 2008-06-06T13:35:28.497"
Oil Rises to Record on Weakening Dollar,Commodity,Oil Rises to Record on Weakening DollarUnited States CommodityCrude oil rose more than $10 to a record as the dollar weakened after the U.S. unemployment rate grew the most in two decades and Morgan Stanley said prices may reach $150 within a month. 2008-06-06T13:31:09.57
Dollar Falls to One-Week Low Versus Euro,Currency,"Dollar Falls to One-Week Low Versus EuroUnited States CurrencyThe dollar fell to a one-week low against the euro after a government report showed the U.S. unemployment rate increased the most in more than two decades, adding to evidence the economy may not be rebounding. 
2008-06-06T06:42:00.367"
U.S. Payrolls Fall,Unemployment Rate,"U.S. Payrolls FallUnited States Unemployment RateThe U.S. lost jobs in May for a fifth month and the unemployment rate rose by the most in more than two decades, signaling that the world's largest economy is stalling. 2008-06-06T06:38:39.457"
Crude Oil Rises More Than $5,Commodity,Crude Oil Rises More Than $5United States CommodityCrude oil rose more than $5 a barrel as the dollar dropped against the euro on statements that the European Central Bank may boost interest rates to cut inflation. 2008-06-05T13:53:32.733
Dollar Surges as Bernanke Speaks Out,Currency,Dollar Surges as Bernanke Speaks OutUnited States CurrencyThe dollar surged while oil and gold tumbled on Tuesday after Ben Bernanke surprised markets by making clear the Federal Reserve does not want the US currency to weaken any further because of the risks to inflation.2008-06-03T19:29:34.883
"Dollar Declines Against Euro, Yen",Currency,"Dollar Declines Against Euro, YenUnited States CurrencyThe dollar fell from close to a two- week high against the euro and traded at the lowest level in a week versus the yen on concern credit-market losses will widen, delaying any recovery in U.S. economic growth. 2008-06-03T07:03:05.91"
"U.S. Stocks Drop, Led by Financials",Stock Market,"U.S. Stocks Drop, Led by FinancialsUnited States Stock MarketU.S. stocks fell for the first time in five days after Wachovia Corp. ousted its chief executive officer and Standard & Poor's lowered its debt ratings on three of Wall Street's biggest securities firms. 2008-06-02T12:22:00.223"
Dollar Snaps Gain Against Yen,Currency,"Dollar Snaps Gain Against YenUnited States CurrencyThe dollar snapped a five-day rally against the yen on speculation a report today will show U.S. manufacturing contracted for a fourth month, limiting the Federal Reserve's scope to raise interest rates. 2008-06-01T19:04:34.627"
Dollar Heads for Monthly Gain,Currency,"Dollar Heads for Monthly GainUnited States CurrencyThe dollar was headed for a second straight monthly advance against the euro as rising stocks and signs of improving economic growth boosted investor confidence in U.S. assets. 
2008-05-30T06:45:58.727"
Dollar Trades at Three-Month High Vs Yen,Currency,Dollar Trades at Three-Month High Vs YenUnited States CurrencyThe dollar traded at a three-month high against the yen as gaining stocks and declining crude oil brightened the outlook for the world's biggest economy.2008-05-29T14:42:02.22
Gold Falls Most in Five Weeks,Commodity,"Gold Falls Most in Five WeeksUnited States CommodityGold tumbled the most in five weeks as the dollar rallied, reducing the appeal of the precious metal as an alternative investment. Silver also declined. 2008-05-29T07:44:29.02"
U.S. Economy Expands,GDP Growth Rate,"U.S. Economy ExpandsUnited States GDP Growth RateThe U.S. economy grew more than previously estimated in the first quarter as Americans bought fewer goods from abroad, helping the trade deficit shrink to a five-year low. 2008-05-29T07:01:51"
Dollar Trades Near 2-Week High Against Yen,Currency,Dollar Trades Near 2-Week High Against YenUnited States CurrencyThe dollar traded near a two-week high against the yen before a government report today that analysts say will show the economy expanded at a faster pace last quarter than initially estimated. 2008-05-28T19:07:24.027
"Gold, Silver Drop",Commodity,"Gold, Silver DropUnited States CommodityGold fell the most in four weeks as a drop in energy costs reduced demand for a hedge against inflation. Silver tumbled the most in two months2008-05-27T19:47:46.633"
Dollar Trades Near One-Week High Vs Euro,Currency,"Dollar Trades Near One-Week High Vs EuroUnited States CurrencyThe dollar traded near a one-week high against the euro after oil prices declined the most in a month in New York, easing concern that record fuel costs will slow the U.S. economy. 2008-05-27T19:39:22.21"
Oil Trades Near One-Week Low,Commodity,"Oil Trades Near One-Week LowUnited States CommodityCrude oil traded near a one-week low in New York as U.S. consumer confidence dropped to the lowest level since October 1992, signaling a slowdown in the world's biggest oil user amid record energy prices. 2008-05-27T19:37:00.007"
Oil Falls More Than $2,Commodity,"Oil Falls More Than $2United States CommodityCrude oil fell more than $2 a barrel in New York on signs that U.S. fuel consumption is dropping because of a slowing economy and record energy prices. 
2008-05-27T09:27:24.433"
Dollar Set for Weekly Loss as Oil Costs Rise,Currency,Dollar Set for Weekly Loss as Oil Costs RiseUnited States CurrencyThe dollar headed for a third weekly decline against the euro as the U.S. housing slump and record oil prices slow growth in the world's biggest economy. 2008-05-23T06:43:44.873
Dollar Snaps Two-Day Drop,Currency,"Dollar Snaps Two-Day DropUnited States CurrencyThe dollar snapped two days of declines against the euro, rallying from the lowest level in a month, as traders added to bets the Federal Reserve will raise interest rates by year-end and oil retreated. 2008-05-22T11:34:20.217"
Oil Rises Above $135,Commodity,Oil Rises Above $135United States CommodityCrude oil rose to a record above $135 a barrel as OPEC ministers said they could do nothing to stop a rally that may be heading to $200 a barrel. 2008-05-22T06:04:12.933
Dollar Trades Near 1-Month Low Against Euro,Currency,"Dollar Trades Near 1-Month Low Against EuroUnited States CurrencyThe dollar traded near a one-month low against the euro on speculation a surge in oil prices to a record will accelerate inflation while slowing economic growth in the U.S., the world's biggest oil importer. 2008-05-21T17:46:03.703"
Gold Rallies on Weak Dollar,Commodity,Gold Rallies on Weak DollarUnited States CommodityGold rose to the highest in a month as surging oil prices and a weakening dollar boosted demand for the metal as a hedge against inflation. Silver also gained. 2008-05-21T09:59:39.143
Oil Rises Above $134 on U.S. Supply Drop,Commodity,Oil Rises Above $134 on U.S. Supply DropUnited States CommodityCrude oil rose to a record above $134 a barrel as U.S. stockpiles unexpectedly dropped and banks raised price forecasts because of supply constraints and demand growth. 2008-05-21T09:52:24
Dollar Declines,Currency,Dollar DeclinesUnited States CurrencyThe dollar fell the most in more than a month against euro after the International Monetary Fund said the U.S. housing slump still poses ``serious risks'' to financial markets. 2008-05-20T06:41:51.12
Oil Rises to a Record,Commodity,"Oil Rises to a RecordUnited States CommodityCrude oil rose above $128 a barrel in New York for the first time after billionaire hedge-fund manager Boone Pickens said that oil will reach $150 a barrel this year. 
2008-05-20T06:36:58.557"
Dollar Gains Most Against Euro in 4 Days,Currency,"Dollar Gains Most Against Euro in 4 DaysUnited States CurrencyThe dollar gained the most against the euro in four days and strengthened versus the yen after the index of leading U.S. economic indicators unexpectedly rose in April. 
2008-05-19T13:56:43.38"
Dollar Trades Near Two-Week Low Versus,Currency,Dollar Trades Near Two-Week Low VersusUnited States CurrencyThe dollar traded near the lowest level in more than two weeks against the euro before an industry report this week that may signal the worst housing slump in a quarter of a century is deepening. 2008-05-19T06:18:26.48
Dollar Falls Most Against Euro in Month,Currency,Dollar Falls Most Against Euro in MonthUnited States CurrencyThe dollar fell the most against the euro in a month and depreciated versus the yen as a drop in consumer confidence and a surge in crude oil to a record increased concern U.S. economic growth will slow. 2008-05-16T11:03:15.543
Oil rallies to new high near $128,Commodity,"Oil rallies to new high near $128United States CommodityOil shot to a record high near $128 on Friday after Goldman Sachs, the most active investment bank in energy markets, raised sharply its forecast for prices.2008-05-16T07:23:14.763"
Dollar Pares Gain Versus Euro,Currency,"Dollar Pares Gain Versus EuroUnited States CurrencyThe dollar pared its gain against the euro after a government report showed U.S. consumer prices increased last month less than forecast, suggesting the Federal Reserve may have more leeway to lower borrowing costs. 2008-05-14T06:10:37.893"
U.S. CPI Rises Less Than Forecast,Inflation Rate,"U.S. CPI Rises Less Than ForecastUnited States Inflation RatePrices paid by U.S. consumers rose less than forecast in April, reflecting declining costs for furniture and hotel stays that outweighed the biggest jump in food prices in 18 years. 2008-05-14T06:08:12.333"
Dollar Rises,Currency,"Dollar RisesUnited States CurrencyThe dollar rose against the euro and the yen after a government report showed retail sales excluding autos increased in April more than forecast, raising speculation the Federal Reserve will stop cutting borrowing costs. 2008-05-13T06:39:06.82"
Dollar Climbs on Speculation Fed to Halt Cuts,Currency,Dollar Climbs on Speculation Fed to Halt CutsUnited States CurrencyThe dollar rose against the yen for the first time in six days as traders speculated the Federal Reserve will refrain from cutting interest rates next month. 2008-05-12T06:56:41.23
U.S. March Trade Deficit Narrowed,Balance of Trade,"U.S. March Trade Deficit NarrowedUnited States Balance of TradeThe U.S. trade deficit narrowed more than forecast in March as imports dropped by the most in more than six years, reflecting the economic slowdown. 
2008-05-09T06:11:14.82"
Dollar Rises on U.S. Productivity,Currency,Dollar Rises on U.S. ProductivityUnited States CurrencyThe dollar rose against the euro and the yen as U.S. productivity unexpectedly accelerated in March while Europe showed signs of an economic slowdown. 2008-05-07T08:14:55.823
Dollar Trades Near One-Week Low Versus Euro,Currency,"Dollar Trades Near One-Week Low Versus EuroUnited States CurrencyThe dollar traded near a one-week low against the euro before an industry report that will probably show a housing slump is slowing the U.S. economy. 
2008-05-06T20:23:57.83"
Dollar Falls for Second Day,Currency,"Dollar Falls for Second DayUnited States CurrencyThe dollar fell for a second day against the euro as Fannie Mae reported a larger-than-expected $2.19 billion loss, indicating the worst of financial-market turmoil may not be over. 2008-05-06T10:31:37.553"
Dollar Declines as Bernanke Signals Growth to Slow on Housing,Currency,Dollar Declines as Bernanke Signals Growth to Slow on HousingUnited States CurrencyThe dollar weakened against 11 of the 16 most-traded currencies after Federal Reserve Chairman Ben S. Bernanke said in a speech that mortgage delinquencies will weigh on U.S. economic growth. 2008-05-05T19:40:11.497
Dollar Rises to 5-Week High,Currency,"Dollar Rises to 5-Week HighUnited States CurrencyThe dollar rose to a five-week high against the euro after a government report showed U.S. employers eliminated fewer jobs in April than economists forecast, indicating the U.S. economy may avoid falling into a recession. 2008-05-02T06:31:29.733"
"U.S. Loses 20,000 Jobs in April",Unemployment Rate,"U.S. Loses 20,000 Jobs in AprilUnited States Unemployment RateThe U.S. lost fewer jobs than forecast in April, and the unemployment rate unexpectedly dropped, signaling that the economic slowdown didn't gather pace at the start of the second quarter. 2008-05-02T06:29:16.077"
Dollar Rises Versus Euro,Currency,Dollar Rises Versus EuroUnited States CurrencyThe dollar rose to the highest level in five weeks against the euro on speculation the Federal Reserve may stop reducing borrowing costs as the U.S. economy shows signs of resilience. 2008-05-01T06:15:26.44
U.S. Stocks Extend Gain After Fed Cuts Lending Rate,Stock Market,U.S. Stocks Extend Gain After Fed Cuts Lending RateUnited States Stock MarketU.S. stocks extended gains after the Federal Reserve cut its benchmark interest rate for the seventh time since September to spur economic growth. 2008-04-30T11:48:18.513
Fed Trims Rate to 2%,Interest Rate,"Fed Trims Rate to 2%United States Interest RateThe Federal Reserve lowered its main interest rate by a quarter of a percentage point to 2 percent, the seventh cut since the onset of a global credit squeeze that's eroded economic growth. 2008-04-30T11:42:39.84"
U.S. Economy Expanded at 0.6% in Q1,GDP Growth Rate,U.S. Economy Expanded at 0.6% in Q1United States GDP Growth RateThe U.S. economy expanded at a 0.6 percent annual pace in the first quarter as an increase in inventories compensated for weaker consumer spending and a drop in business investment. 2008-04-30T06:33:31.727
Is Oil as Expensive as it Seems?,Commodity,Is Oil as Expensive as it Seems?United States CommodityThe price of oil has doubled over the last 12 months reaching over $122 per barrel on May 6. What have caused that drastic increase and is it really a new record?2008-04-29T12:05:53
Dollar Rises to Three-Week High,Currency,"Dollar Rises to Three-Week HighUnited States CurrencyThe dollar strengthened to a three- week high against the euro on speculation the Federal Reserve will signal that it's close to pausing after making six reductions in the target lending rate. 
2008-04-29T06:34:32.287"
Dollar Hits Two-Month High Against Yen,Currency,Dollar Hits Two-Month High Against YenUnited States CurrencyThe dollar hit a two-month high against the yen and held on to last week’s sharp gains against the euro on Monday amid speculation that the Federal Reserve was approaching the end of its interest rate cutting cycle. 2008-04-28T08:52:30.203
Oil Rises to Record,Commodity,Oil Rises to RecordUnited States CommodityCrude oil rose to a record after BP Plc shut a North Sea pipeline and gunmen attacked police guarding Nigeria's largest oil and gas terminal. 2008-04-27T20:34:06.727
Dollar Rises Versus Euro,Currency,Dollar Rises Versus EuroUnited States CurrencyThe dollar rose the most in two days against the euro since December as traders increased bets the Federal Reserve will stop cutting interest rates while the European economy showed signs of a slowdown. 2008-04-25T06:57:57.52
Crude Oil Falls as Dollar Strengthens,Commodity,"Crude Oil Falls as Dollar StrengthensUnited States CommodityCrude oil fell for a second day in New York after the dollar rose against the euro, reducing the appeal of commodities to investors, and a government report yesterday showed U.S. stockpiles increased more than expected. 2008-04-24T07:03:06.45"
The Dollar Weakens,Currency,The Dollar WeakensUnited States CurrencyThe dollar weakened for a second straight day as oil surged above $119 a barrel and Federal Reserve Bank of Dallas President Richard Fisher said inflation is starting to grip U.S. consumers. 2008-04-22T10:17:29.12
Oil Rises to Record Above $118,Commodity,Oil Rises to Record Above $118United States CommodityCrude oil rose to a record above $118 a barrel on concern that a labor dispute in the U.K. and disruptions in Nigeria may crimp oil supply. 2008-04-22T08:02:36.933
Oil Soars to Record above $117,Commodity,"Oil Soars to Record above $117United States CommodityCrude oil prices surged above $117, setting a new record high on Monday because of worries of supply disruptions from major producers and comments by OPEC reiterating there is no need to raise output.2008-04-21T07:10:12.76"
Dollar Drop Slows With G-7 Blessing,Currency,Dollar Drop Slows With G-7 BlessingUnited States CurrencyTraders betting on intervention by the Group of Seven nations to stem the dollar's 7.7 percent decline against the euro this year may be disappointed. 2008-04-21T07:04:20.557
Dollar Rises Versus Euro,Currency,"Dollar Rises Versus EuroUnited States CurrencyThe dollar rose the most against the euro in more than two weeks as Citigroup Inc.'s first- quarter revenue beat analysts' estimates, fueling speculation financial firms will weather credit market losses. 2008-04-18T06:38:37.357"
U.S. Stocks Gain on Earnings,Stock Market,"U.S. Stocks Gain on EarningsUnited States Stock MarketU.S. stocks rose the most in two weeks as better-than-forecast profits from Intel Corp., JPMorgan Chase & Co. and Wells Fargo & Co. eased concern that the slowing economy is dragging down earnings. 2008-04-16T15:49:12.747"
Dollar Falls to Record Against Euro,Currency,"Dollar Falls to Record Against EuroUnited States CurrencyThe dollar fell to a record low against the euro as European inflation accelerated and U.S. housing starts tumbled, reducing chances the European Central Bank will follow the Federal Reserve in cutting interest rates. 2008-04-16T06:53:36.87"
U.S. Consumer Prices Rose 0.3% in March,Inflation Rate,"U.S. Consumer Prices Rose 0.3% in MarchUnited States Inflation RateU.S. consumer prices rose in March, driven by higher food and fuel expenses that indicate Americans will spend less on other goods. 
2008-04-16T06:48:17.84"
Dollar Holds Gains Against Euro,Currency,"Dollar Holds Gains Against EuroUnited States CurrencyThe dollar held gains against the euro before a report forecast to show U.S. consumer inflation accelerated in March, bolstering speculation the Fed will slow the pace of interest-rate cuts. 2008-04-15T18:42:40.74"
Oil Rises to Record Above $113,Commodity,"Oil Rises to Record Above $113United States CommodityCrude oil rose to a record above $113 a barrel in New York on supply disruptions in Nigeria and Mexico and rising fuel demand in China. 
2008-04-15T06:47:14.277"
Dollar weakens as bleak outlook offsets G7 impact,Currency,"Dollar weakens as bleak outlook offsets G7 impactUnited States CurrencyThe dollar slipped on Monday, surrendering earlier gains, as worries about a gloomy U.S. economic outlook outweighed the Group of Seven nations' heightened concern about currency volatility.2008-04-14T13:05:00.563"
Oil Bounces on Supply Disruptions,Commodity,Oil Bounces on Supply DisruptionsUnited States CommodityOil prices jumped on Monday because of a U.S. pipeline shutdown and some production losses in Nigeria following a fire at a flow station.2008-04-14T08:08:52.34
Dollar Rises After G7 Meeting,Currency,Dollar Rises After G7 MeetingUnited States CurrencyThe dollar rose the most in almost two weeks against the euro after Group of Seven officials expressed concern that swings in exchange rates will disrupt the global economy and financial markets. 2008-04-13T16:20:07.1
Oil Falls a Second Day,Commodity,Oil Falls a Second DayUnited States CommodityCrude oil fell for a second day in New York on signs that high prices and a slowing economy will curb U.S. fuel consumption. 2008-04-11T06:51:35.67
Dollar Falls Against Euro and Yen,Currency,"Dollar Falls Against Euro and YenUnited States CurrencyThe dollar fell against the euro and the yen on speculation officials from the Group of Seven nations are unlikely to agree on a plan to support the U.S. currency when they meet today. 
2008-04-11T06:43:17.717"
Dollar Rebounds from Record Lows Versus Euro,Currency,Dollar Rebounds from Record Lows Versus EuroUnited States CurrencyThe dollar surged from record lows against the euro on Thursday as traders covered short positions after ECB President Jean-Claude Trichet's unchanged inflation views did not give the single currency upward momentum.2008-04-10T10:00:05.993
U.S. Trade Deficit Unexpectedly Widened,Balance of Trade,"U.S. Trade Deficit Unexpectedly WidenedUnited States Balance of TradeThe U.S. trade deficit unexpectedly widened in February, reflecting a jump in imports of automobiles and machinery that swamped record exports. 
2008-04-10T07:10:13.42"
Oil Climbs More,Commodity,"Oil Climbs MoreUnited States CommodityOil jumped nearly $3 a barrel on Monday, lifted by a rally in gas oil and as optimism that banks will manage to shore up the financial system helped to fuel buying across commodities and equities.2008-04-07T08:11:37.947"
Dollar Bottom Elusive Before G-7,Currency,Dollar Bottom Elusive Before G-7United States CurrencyOptimism for a dollar rebound that pervaded the currency market at the start of the year is fading. 2008-04-07T07:05:13.457
Dollar Falls Versus Euro,Currency,"Dollar Falls Versus EuroUnited States CurrencyThe dollar fell against the euro after a government report showed the economy lost jobs for a third straight month in March, increasing concern that the U.S. is falling into a recession. 2008-04-04T07:00:21.527"
"U.S. Loses 80,000 Jobs in March",Unemployment Rate,"U.S. Loses 80,000 Jobs in MarchUnited States Unemployment RateUS employers in March cut more jobs than at any time since the start of the Iraq war and the unemployment rate climbed more than expected, reinforcing fears that the domestic economy has slipped into recession. 2008-04-04T06:34:43.477"
Jobs Data Add to Gloom on Wall Street,Stock Market,Jobs Data Add to Gloom on Wall StreetUnited States Stock MarketWall Street stocks fell in midday trading on Thursday as investors digested comments from the Fed chairman that the US economy could contract in the first half of the year and after a raft of data that supported the premise.2008-04-03T12:10:56.707
"Dollar Rises Against Euro, Yen",Currency,"Dollar Rises Against Euro, YenUnited States CurrencyThe dollar rose against the euro and advanced to a three-week high against the yen as a private report showed U.S. companies unexpectedly added jobs in March, indicating the economy may be weathering the housing slump. 2008-04-02T06:37:36.86"
Why Gold is Soaring?,Commodity,"Why Gold is Soaring?United States CommodityDuring the last two years the price of gold doubled, reaching $1,000 per ounce on March 13th.  What has caused that huge increase in the value of the yellow metal?2008-04-01T14:50:33.707"
Dollar Advances Most in Almost Two Weeks,Currency,"Dollar Advances Most in Almost Two WeeksUnited States CurrencyThe dollar rose the most in almost two weeks against the euro after UBS AG said it will raise about $15 billion, signaling the world's biggest financial institutions can ride out the freeze in credit markets. 2008-04-01T06:51:22.55"
Oil Falls More Than $4,Commodity,Oil Falls More Than $4United States CommodityCrude oil fell more than $4 a barrel in New York on signs that slowing economic growth in the U.S. will bolster stockpiles and curb demand. 2008-03-31T12:07:21.75
U.S. Stocks Gain,Stock Market,"U.S. Stocks GainUnited States Stock MarketU.S. stocks rose for the first time in four days, led by banks and brokerages, after Treasury Secretary Henry Paulson proposed expanding the Federal Reserve's power to prevent future financial crises. 2008-03-31T12:04:25.28"
Dollar Heads for Biggest Quarterly Loss Against Euro Since 2004,Currency,"Dollar Heads for Biggest Quarterly Loss Against Euro Since 2004United States CurrencyThe dollar headed for its biggest quarterly loss against the euro in almost four years as the Federal Reserve cut its target lending rate by the most since 1984 to revive the economy while the European Central Bank held borrowing costs at a six-year high to contain inflation. 
2008-03-31T07:35:51.19"
Oil Near $106,Commodity,Oil Near $106United States CommodityOil jumped above $107 on Thursday after saboteurs blew up one of Iraq's two main export pipelines.2008-03-27T06:37:53.07
Dollar Slumps after Weak Data,Currency,"Dollar Slumps after Weak DataUnited States CurrencyThe dollar slumped for a second straight session on Wednesday after an unexpected fall in U.S. durable goods orders bolstered worries about the health of the economy, which could prompt further interest rate cuts.2008-03-26T06:46:59.797"
U.S. Stocks Drop,Stock Market,"U.S. Stocks DropUnited States Stock MarketU.S. stocks extended declines after consumer confidence tumbled, analysts said mortgage-related writedowns will keep reducing earnings at Wall Street firms and home prices in 20 U.S. metropolitan areas fell in January by the most on record.2008-03-25T07:24:28.33"
Dollar Falls against Euro,Currency,Dollar Falls against EuroUnited States CurrencyThe dollar fell the most against the euro in two weeks on speculation industry reports will show U.S. consumer confidence dropped to a five-year low and the housing slump deepened. 2008-03-25T06:34:25.377
U.S. Stocks Rise,Currency,U.S. Stocks RiseUnited States CurrencyU.S. stocks rallied to the highest level this month as JPMorgan Chase & Co.'s increased bid for Bear Stearns Cos. and a gain in home sales boosted speculation the economy will recover from $200 billion in credit losses. 2008-03-24T14:56:53.08
Dollar Gains on Speculation Fed's Actions Will Revive Growth,Currency,Dollar Gains on Speculation Fed's Actions Will Revive GrowthUnited States CurrencyThe dollar rose against the yen and the euro on speculation the Federal Reserve's interest-rate cuts and efforts to spur lending will help revive economic growth. 2008-03-24T06:39:15.877
Oil Falls a Third Day,Commodity,Oil Falls a Third DayUnited States CommodityCrude oil fell for a third day in New York on concern the slowing U.S. economy will cut consumption and the dollar's gain will reduce demand for commodities as a hedge against inflation. 2008-03-24T06:28:03.05
Dollar Set for Weekly Gain,Currency,Dollar Set for Weekly GainUnited States CurrencyThe dollar headed for the first weekly advance against the euro and the yen in a month after the Federal Reserve's decision to accept more collateral for loans eased concern about banks' access to capital. 2008-03-21T06:44:07.043
Dollar up in Commodity Unwind,Currency,"Dollar up in Commodity UnwindUnited States CurrencyThe dollar rallied on Thursday as investors took profits from oil, gold and other commodities, repatriating their cash back into the beleaguered U.S. currency ahead of the Easter break.
2008-03-20T07:41:18.39"
Oil Drops below $100,Commodity,"Oil Drops below $100United States CommodityOil slipped below $100 a barrel on Thursday for the first time in two weeks, extending a hefty sell-off in the previous session on growing concerns an economic slowdown in top consumer the United States would undermine global energy demand.2008-03-20T06:46:03.843"
Dollar Declines Versus Yen,Currency,Dollar Declines Versus YenUnited States CurrencyThe dollar declined against the yen and Swiss franc on speculation the Federal Reserve's six interest-rate cuts since September won't be enough to stem credit-market losses and revive the economy. 2008-03-19T15:57:32.36
U.S. Stocks Drop,Stock Market,"U.S. Stocks DropUnited States Stock MarketU.S. stocks retreated, erasing half of yesterday's rally, after plunging commodity prices sent oil and mining companies lower and an insurer tried to cancel $3.1 billion in protection on Merrill Lynch & Co. mortgage bonds. 2008-03-19T15:51:02.94"
Gold Falls Most Since June 2006,Commodity,"Gold Falls Most Since June 2006United States CommodityGold plunged the most since June 2006, leading a decline in commodity prices, on speculation the slump in the dollar will end as the Federal Reserve eases the pace of interest-rate reductions. 
2008-03-19T15:48:21.453"
Oil falls below $105,Commodity,Oil falls below $105United States CommodityOil dived on Wednesday as signs of falling demand and concerns about the impact of a U.S.-led recession offset the impact of lower than expected U.S. fuel inventories.2008-03-19T09:18:10.423
Dollar Falls versus Euro,Currency,"Dollar Falls versus EuroUnited States CurrencyThe dollar fell against the euro, erasing yesterday's gains, on speculation the worst U.S. housing slump in a quarter of a century will swell credit-market losses. 2008-03-19T07:05:40.61"
U.S. Stocks Surge,Stock Market,U.S. Stocks SurgeUnited States Stock MarketU.S. stocks rallied the most in five years after the Federal Reserve cut its benchmark interest rate and Lehman Brothers Holdings Inc. said it has more than enough capital to survive. 2008-03-18T17:54:04.433
Dollar Posts Biggest Gain vs Yen in Nine Years,Currency,Dollar Posts Biggest Gain vs Yen in Nine YearsUnited States CurrencyThe dollar posted its largest single-day gain against the yen in nine years on Tuesday and rallied against the euro after the Federal Reserve cut the benchmark U.S. interest rate by a less-than-expected 75 basis points to 2.25 percent.2008-03-18T17:50:43.9
Fed Cuts Main Rate to 2.25%,Interest Rate,Fed Cuts Main Rate to 2.25%United States Interest RateThe Federal Reserve cut its main lending rate by three quarters of a percentage point to 2.25 percent as officials try to prop up the faltering economy and restore faith in the U.S. financial system. 2008-03-18T11:29:45.68
Is the U.S. Fed Running Out of Options?,Interest Rate,"Is the U.S. Fed Running Out of Options?United States Interest RateOnly a few days ago the U.S. Federal Reserve and numerous government officials started acknowledging that the US economy could be falling into recession. In one hand, the U.S. government has been implementing several measures to soften the crisis. On the other hand, the U.S. Federal Reserve has been trying to tackle the recession monster by cutting interest rates and using liquidity injections. 2008-03-17T13:30:12.097"
U.S. Stocks Drop for a Second Day,Stock Market,"U.S. Stocks Drop for a Second DayUnited States Stock MarketMost U.S. stocks fell for a second day, led by banks and energy companies, as investors speculated the Federal Reserve's emergency discount-rate cut and bailout of Bear Stearns Cos. won't be enough to forestall a recession. 2008-03-17T13:27:19.49"
Oil Rises to Record,Commodity,Oil Rises to RecordUnited States CommodityCrude oil rose to a record in New York as a sliding dollar and credit market losses in the U.S. prompted investors to buy commodities. 2008-03-17T06:48:54.08
Dollar Slumps Below 96 Yen,Currency,Dollar Slumps Below 96 YenUnited States CurrencyThe dollar fell below 96 yen for the first time in 12 years after the Federal Reserve's emergency weekend cut in its discount interest rate and the sale of Bear Stearns Cos. to JPMorgan Chase & Co. 2008-03-17T06:33:31.72
JPMorgan Chase Buys Bear Stearns for $240 Million,Stock Market,"JPMorgan Chase Buys Bear Stearns for $240 MillionUnited States Stock MarketJPMorgan Chase & Co. agreed to buy Bear Stearns Cos. for about $240 million, less than a 10th of its value last week, after a run on the company ended 85 years of independence for Wall Street's fifth-largest securities firm. 2008-03-16T19:08:35.487"
U.S. Fed Cuts Discount Rate,Interest Rate,"U.S. Fed Cuts Discount RateUnited States Interest RateThe Federal Reserve, in an emergency weekend decision, cut the rate on direct loans to commercial banks and opened up borrowing at the rate to primary dealers in government securities. 2008-03-16T19:00:17.283"
Dollar Drops to Fresh Lows,Currency,Dollar Drops to Fresh LowsUnited States CurrencyThe dollar fell to a fresh record low against the euro and a 12-year low against the yen on Friday as concerns over the health of the US economy continued to weigh on the beleaguered currency.2008-03-14T08:28:34.293
Oil Slips below $110,Commodity,"Oil Slips below $110United States CommodityOil slipped below $110 on Friday as investors took profits after prices hit a record $111 in the previous session, but the depressed dollar was seen limiting losses.2008-03-14T06:58:21.153"
U.S. Inflation Unchanged in February,Inflation Rate,"U.S. Inflation Unchanged in FebruaryUnited States Inflation RateConsumer prices in the U.S. were unexpectedly unchanged in February as fuel costs dropped, easing concern that inflation would keep accelerating as the economy slows. 2008-03-14T06:45:26.42"
Dollar Climbs From Record Low,Currency,"Dollar Climbs From Record LowUnited States CurrencyThe dollar rose from a record low against the euro and the the yen, as S&P  said the end of writedowns related to subprime mortgage securities is ``now in sight.'' 2008-03-13T21:13:43.607"
U.S. Stocks Retreat on Recession Concern,Stock Market,"U.S. Stocks Retreat on Recession ConcernUnited States Stock MarketU.S. stocks fell for the fourth time in five days on concern the Federal Reserve will fail to prevent a recession as oil climbed above $110 a barrel, pushing down refiners, retailers and banks. 2008-03-12T15:52:28.843"
Dollar Falls to Lowest Since '95 Versus Yen,Currency,Dollar Falls to Lowest Since '95 Versus YenUnited States CurrencyThe dollar fell to the lowest since 1995 against the yen after President George W. Bush said the dollar is ``adjusting.'' 2008-03-12T15:45:56.03
Dollar Nears Record Low Against Euro,Currency,Dollar Nears Record Low Against EuroUnited States CurrencyThe dollar fell broadly on Wednesday and neared a record low against the euro as strong euro zone economic data renewed focus on the divergent paths of European and U.S. interest rates.2008-03-12T06:50:28.117
U.S. Stocks Advance Most in Five Years,Stock Market,U.S. Stocks Advance Most in Five YearsUnited States Stock MarketU.S. stocks rallied the most in five years after the Federal Reserve said it will pump $200 billion into the financial system to shore up banks battered by mortgage- related losses. 2008-03-11T19:18:40.81
Dollar Gains Most in 3 Months Versus Yen,Currency,Dollar Gains Most in 3 Months Versus YenUnited States CurrencyThe dollar rose the most in three months against the yen after the Federal Reserve said it will lend up to $200 billion of Treasuries and boost swap lines with European central banks in a bid to ease a credit crisis. 2008-03-11T07:29:17.47
U.S. January Trade Deficit Rises 0.6%,Balance of Trade,"U.S. January Trade Deficit Rises 0.6%United States Balance of TradeThe U.S. trade deficit was smaller than forecast in January as a weaker dollar propelled gains in exports, while oil imports jumped to a record. 2008-03-11T06:30:05.513"
"U.S. Stocks Retreat, Led by Financials",Stock Market,"U.S. Stocks Retreat, Led by FinancialsUnited States Stock MarketU.S. stocks fell for a third day to the lowest level since 2006, led by a plunge in financial shares, on speculation earnings estimates will prove to be too high as the economy slows and credit losses spread.2008-03-10T16:32:20.06"
Oil Roars to Record Over $108,Commodity,"Oil Roars to Record Over $108United States CommodityOil shot to a record over $108 a barrel on Monday, extending a rally led by investors seeking a hedge against the tumbling dollar and inflation.
2008-03-10T16:19:53.967"
Oil Falls Below $105,Commodity,Oil Falls Below $105United States CommodityOil fell below $105 a barrel on Monday as investors cashed in on last week's rally to record highs that was stoked by a depressed U.S. dollar and fund flows into commodities.2008-03-10T06:19:51.98
"Dollar Falls Against Euro, Yen",Currency,"Dollar Falls Against Euro, YenUnited States CurrencyThe dollar fell toward a record low against the euro and the lowest in eight years versus the yen as some traders started to bet that the Federal Reserve will cut interest rates by 1 percentage point to avoid a recession. 2008-03-09T19:11:25.58"
Oil Rises Above $104,Commodity,"Oil Rises Above $104United States CommodityCrude oil rose above $104 a barrel for the first time in New York after OPEC gave no indication it will increase production, U.S. fuel inventories declined and Venezuela sent tanks to its border with Colombia. 
2008-03-05T15:33:21.18"
Dollar Falls to 3-Year Low against Yen,Currency,Dollar Falls to 3-Year Low against YenUnited States CurrencyThe dollar declined to a three-year low against the yen on speculation the Federal Reserve will signal plans to keep cutting interest rates to avert a recession. 2008-03-02T19:05:11.6
U.S. Stocks Decline on Economic Concern,Stock Market,"U.S. Stocks Decline on Economic ConcernUnited States Stock MarketU.S. stocks tumbled, capping the market's fourth-straight monthly drop, after a report showed business activity fell to the lowest level since 2001 and UBS AG said losses in credit markets may top $600 billion. 2008-02-29T12:11:15.883"
Oil Hits New Peak,Commodity,"Oil Hits New PeakUnited States CommodityOil vaulted more than 3 percent a barrel on Thursday to an all-time peak near $103, eclipsing the previous inflation-adjusted high set 28 years ago, after a fire hit a major European natural gas terminal and the U.S. dollar fell to a record low.
2008-02-28T14:03:02.713"
Dollar Falls to Record,Currency,"Dollar Falls to RecordUnited States CurrencyThe dollar fell to a record low against the euro, as a cooling labor market and slowing economy fueled bets the Federal Reserve will cut interest rates at least twice more. 2008-02-28T13:57:07.557"
U.S. Economy Grew Less Than Forecast,GDP Growth Rate,"U.S. Economy Grew Less Than ForecastUnited States GDP Growth RateThe U.S. economy grew less than forecast in the fourth quarter, relying on exports as consumer spending slowed and the slump in homebuilding deepened. 2008-02-28T06:38:00.013"
U.S. Stocks Advance,Stock Market,"U.S. Stocks AdvanceUnited States Stock MarketU.S. stocks advanced for a fourth day, rebounding from an earlier decline, after Federal Reserve Chairman Ben S. Bernanke said the central bank would act quickly to prop up the nation's slowing economy. 2008-02-27T07:59:48.733"
"Gold Hits Record High on Tumbling Dollar, Firm Oil",Commodity,"Gold Hits Record High on Tumbling Dollar, Firm OilUnited States CommodityGold surged to a record high above $960 on Wednesday as investors poured money, spurred by a plummeting dollar and oil rising above $102 a barrel.
2008-02-27T07:15:25.063"
Dollar Slides to New Lows after Fed Warning,Currency,"Dollar Slides to New Lows after Fed WarningUnited States CurrencyThe euro broke new records above $1.50 against the dollar on Wednesday, pushing oil and precious metals to fresh peaks, while weighing on equity markets.2008-02-27T06:38:09.75"
Oil Trades Near Record as U.S. Dollar Falls,Commodity,Oil Trades Near Record as U.S. Dollar FallsUnited States CommodityCrude oil traded near a record in New York as the U.S. dollar dropped to an all-time low against the euro and investors pumped funds into the market to reap returns from rising commodities. 2008-02-26T19:41:24.563
Dollar Falls to Three-Week Low,Currency,Dollar Falls to Three-Week LowUnited States CurrencyThe dollar fell to a three-week low against the euro as U.S. home prices tumbled and consumer confidence sank to a five-year low. 2008-02-26T09:14:35.1
U.S. Stock-Index Futures Fall,Stock Market,"U.S. Stock-Index Futures FallUnited States Stock MarketU.S. stock-index futures retreated after wholesale prices rose more than expected in January, boosting concern that inflation may keep accelerating even as the economy slows. 2008-02-26T06:48:04.007"
Dollar Gains vs Yen,Currency,Dollar Gains vs YenUnited States CurrencyThe dollar and euro both gained against a weaker yen on Monday as positive news for the U.S. financial sector boosted appetite for stocks and other riskier trades.2008-02-25T06:48:34.863
Dollar Falls to Two-Week Low,Currency,"Dollar Falls to Two-Week LowUnited States CurrencyThe dollar fell to a two-week low against the euro after a report showed manufacturing in the Philadelphia region contracted this month, bolstering speculation the U.S. is headed for a recession. 2008-02-21T09:52:37.667"
Gold Futures Rise to Record $958.40,Commodity,Gold Futures Rise to Record $958.40United States CommodityGold futures surged to a record $958.40 an ounce as a slumping dollar and soaring commodity costs boosted the appeal of the precious metal as an inflation hedge. 2008-02-21T09:50:03.93
Crude Oil Rises,Commodity,Crude Oil RisesUnited States CommodityCrude oil rose in New York on speculation global demand will continue to grow after prices reached a record. 2008-02-21T07:15:13.633
Rising Inflation Underlines Challenge to Fed,Inflation Rate,"Rising Inflation Underlines Challenge to FedUnited States Inflation RateThe core level of inflation in the US reached its highest since mid-2006 last month, underlining the challenge facing the Federal Reserve as it seeks to steer the economy around a recession with a raft of interest rate cuts.2008-02-20T09:50:10.36"
Gold Trades Near Three-Week High,Commodity,Gold Trades Near Three-Week HighUnited States CommodityGold was little changed near a three- week high in Asia as a rise in crude oil and a weakening U.S. dollar boosted the appeal of bullion as a hedge against accelerating consumer prices. 2008-02-19T19:02:48.16
Oil Falls From Record $100.10,Commodity,Oil Falls From Record $100.10United States CommodityCrude oil fell from a record $100.10 a barrel in New York on speculation that a U.S. Energy Department report will show stockpiles rose for a sixth week. 2008-02-19T18:31:51.503
Dollar Falls Against Euro,Currency,"Dollar Falls Against EuroUnited States CurrencyThe dollar fell against the euro, headed for its biggest weekly loss this year, on speculation the slowdown in the U.S. economy will prompt the Federal Reserve to keep cutting interest rates. 2008-02-15T06:46:08.7"
Dollar Climbs on Surprise Jump in Retail Sales,Currency,"Dollar Climbs on Surprise Jump in Retail SalesUnited States CurrencyThe dollar rose to a one-month high against the yen on Wednesday after government data showed an unexpected rise in U.S. retail sales last month, momentarily dampening views that the U.S. economy is contracting.2008-02-13T07:00:14.277"
Oil Rises above $93,Commodity,Oil Rises above $93United States CommodityOil rose above $93 a barrel on Wednesday as concerns over Venezuela's move to halt shipments to U.S. major Exxon Mobil offset expectations for a build in crude stocks in the world's largest consumer.2008-02-13T06:03:03.59
Dollar Trades Near One-Week Low Against Euro,Currency,"Dollar Trades Near One-Week Low Against EuroUnited States CurrencyThe dollar traded near its lowest in a week against the euro before a government report that will probably show a drop in U.S. retail sales, bolstering speculation the economy is headed for a recession. 2008-02-12T18:43:31.28"
Dollar Rallies vs Yen,Currency,"Dollar Rallies vs YenUnited States CurrencyThe dollar rose against the yen on Tuesday after Warren Buffett told CNBC television that Berkshire Hathaway had offered to assume the liabilities of the monoline bond insurers. 
2008-02-12T06:29:37.573"
U.S. Recession Is Now an Even Bet,GDP Growth Rate,"U.S. Recession Is Now an Even BetUnited States GDP Growth RateA U.S. recession is now an even bet as job losses and the housing contraction jeopardize the longest-ever expansion in consumer spending, according to a Bloomberg News survey. 2008-02-08T06:13:58.407"
Dollar Extends Gains Against Euro,Currency,"Dollar Extends Gains Against EuroUnited States CurrencyThe dollar consolidated its recent sharp gains against the euro on Wednesday, shrugging off concerns over the health of the US economy.2008-02-06T06:26:21.167"
Dollar May Increase Against Euro on Slowing Growth in Europe,Currency,Dollar May Increase Against Euro on Slowing Growth in EuropeUnited States CurrencyThe dollar may advance against the euro for a second straight day on speculation the European Central Bank might lower interest rates this year as the economy shows signs of weakness. 2008-02-05T18:58:16.523
"Oil fell more than a dollar on Tuesday, pressured by fund selling",Commodity,"Oil fell more than a dollar on Tuesday, pressured by fund sellingUnited States CommodityOil fell more than a dollar on Tuesday, pressured by fund selling in response to concerns over an economic slowdown in top energy consumer the United States that could dampen demand for oil.2008-02-05T06:44:42.167"
U.S. Stocks Drop on Bank Downgrades,Stock Market,"U.S. Stocks Drop on Bank DowngradesUnited States Stock MarketU.S. stocks declined, paring the biggest weekly gain in five years, after analysts advised selling banks and other lenders as the U.S. economy slows. 2008-02-04T07:40:28.837"
Oil Pares Losses,Commodity,"Oil Pares LossesUnited States CommodityOil recouped some of its losses on Monday to move back towards $89 a barrel, after suffering a sharp downturn the previous session, pressured by fears over a possible U.S. economic recession.2008-02-04T06:20:08.383"
Oil Spooked Again by Weak Economy Data,Commodity,"Oil Spooked Again by Weak Economy DataUnited States CommodityOil fell towards $91 a barrel on Friday after weak U.S. jobs data triggered fresh concerns of a recession in the world's top oil consumer, despite support from an OPEC decision not to raise oil production.2008-02-01T07:01:15.617"
U.S. Payrolls Decline for First Time in Four Years,Unemployment Rate,"U.S. Payrolls Decline for First Time in Four YearsUnited States Unemployment RateThe U.S. unexpectedly lost jobs for the first time in more than four years, increasing the odds the economy will fall into a recession and making it likely the Federal Reserve will cut interest rates another half point next month. 
2008-02-01T06:44:21.713"
Dollar Heads for Weekly Decline Against Euro,Currency,Dollar Heads for Weekly Decline Against EuroUnited States CurrencyThe dollar headed for a second weekly decline against the euro as traders bet the Federal Reserve will keep cutting interest rates to avert a recession in the world's biggest economy. 2008-01-31T18:53:12.12
Fed Cuts Rates by 50 Basis Points,Interest Rate,"Fed Cuts Rates by 50 Basis PointsUnited States Interest RateThe Federal Reserve on Wednesday cut interest rates by a further 50 basis points to 3 per cent, in an aggressive move to try to keep the US out of recession. 2008-01-30T11:22:00.467"
US Stocks Retreat as US Growth Slows,Stock Market,"US Stocks Retreat as US Growth SlowsUnited States Stock MarketWall Street stocks retreated on Wednesday after US economic growth rose far less than expected in the fourth quarter, making 2007 the weakest year for the economy in five years.2008-01-30T09:39:42.53"
Dollar Little Changed Against Euro Before Fed's Rate Decision,Currency,Dollar Little Changed Against Euro Before Fed's Rate DecisionUnited States CurrencyThe dollar was little changed against the euro amid speculation the Federal Reserve will cut interest rates by a half-percentage point today to prevent the U.S. from falling into recession. 2008-01-30T09:26:53.863
U.S. Economy Expanded 0.6 Percent in Q4,GDP Growth Rate,"U.S. Economy Expanded 0.6 Percent in Q4United States GDP Growth RateThe U.S. economy weakened more than forecast in the fourth quarter as housing sank deeper into recession and consumer spending cooled. 
2008-01-30T06:32:38.573"
Oil Rises a Fifth Day,Commodity,"Oil Rises a Fifth DayUnited States CommodityCrude oil rose to the highest in more than two weeks after cold weather in Canada shut down the world's biggest oil-sands producer and as investors bought commodities, betting the U.S. Federal Reserve will cut interest rates today. 2008-01-29T18:51:56.63"
Dollar Edges up vs Euro,Currency,"Dollar Edges up vs EuroUnited States CurrencyThe dollar rose slightly against the Swiss franc and the euro on Tuesday after a report showed unexpectedly high orders for durable goods in December, but moves were muted a day before a Federal Reserve monetary policy decision.2008-01-29T08:03:05.297"
"Gold, Platinum Hit Record on Supply, Rate Cut Hopes",Commodity,"Gold, Platinum Hit Record on Supply, Rate Cut HopesUnited States CommodityGold and platinum hit historic highs for a third straight day on Tuesday and silver rallied to a 27-year peak on expectations of more U.S. rate cuts and fears about South African output.2008-01-29T05:12:29.883"
Fed May Cut Rate Below Inflation,Inflation Rate,Fed May Cut Rate Below InflationUnited States Inflation RateThe Federal Reserve may push interest rates below the pace of inflation this year to avert the first simultaneous decline in U.S. household wealth and income since 1974. 2008-01-29T05:08:42.007
Dollar Falls to Lowest Against Euro in Almost Two Weeks,Currency,"Dollar Falls to Lowest Against Euro in Almost Two WeeksUnited States CurrencyThe dollar fell to the lowest level against the euro in almost two weeks as traders increased bets that the Fed will cut the target lending rate by a half-percentage point this week. 
2008-01-28T09:13:54.26"
Oil Slides Towards $89,Commodity,Oil Slides Towards $89United States CommodityOil fell more than a dollar towards $89 a barrel on Monday as falling global stock markets amid renewed worries about the health of the global economy spurred profit taking.2008-01-28T06:24:27.647
US Stocks on Course to End Week Higher,Stock Market,"US Stocks on Course to End Week HigherUnited States Stock MarketUS stocks were trading higher for the third consecutive session on Friday, repairing more of the damage inflicted in January.2008-01-25T09:12:40.577"
Dollar Rises as Aggressive Fed Cut Fears Recede,Currency,Dollar Rises as Aggressive Fed Cut Fears RecedeUnited States CurrencyThe dollar rose on Friday as investors scaled back bets for another aggressive Federal Reserve interest rate cut next week and on optimism a $150 billion stimulus package would help support the U.S. economy.2008-01-25T06:42:13.853
U.S. Stocks Gain on Earnings,Stock Market,"U.S. Stocks Gain on EarningsUnited States Stock MarketU.S. stocks gained for a second day after Xerox Corp., Lockheed Martin Corp. and Union Pacific Corp. posted earnings that topped analysts' estimates and jobless claims unexpectedly fell. 2008-01-24T12:20:42.45"
Crude Oil Rises From Three-Month Low as Global Equities Gain,Commodity,Crude Oil Rises From Three-Month Low as Global Equities GainUnited States CommodityCrude oil rose from a three-month low in New York on speculation U.S. regulators' efforts to support financial companies will limit the impact of the nation's slowing economic growth on global energy demand. 2008-01-24T07:01:48.12
Gold Jumps Above $900,Commodity,"Gold Jumps Above $900United States CommodityGold surged 2 percent to trade above $900 on Thursday and platinum hit a historic high, as investors snapped up the metals on dollar weakness and firmer oil prices, analysts said.2008-01-24T06:53:41.22"
"Euro Rises Versus Dollar, Yen",Currency,"Euro Rises Versus Dollar, YenUnited States CurrencyThe euro rose against the dollar and the yen after European Central Bank policy maker Axel Weber dimissed speculation of an interest-rate cut by the European Central Bank as ``wishful thinking.''2008-01-24T06:48:42.39"
Wall St Rebounds on Talk of Credit Rescue,Stock Market,"Wall St Rebounds on Talk of Credit RescueUnited States Stock MarketUS stocks staged a powerful late rally on Wednesday amid talk of a government-brokered rescue plan for credit insurers, ending a day of exceptional market volatility across the world. 2008-01-23T20:36:24.097"
U.S. Stocks Fall for Sixth Day,Stock Market,"U.S. Stocks Fall for Sixth DayUnited States Stock MarketU.S. stocks fell for a sixth day, the longest losing streak since April 2002, after forecasts that trailed estimates at Apple Inc. and Motorola Inc. fueled concern consumers are spending less as the economy slows. 2008-01-23T07:29:08.773"
Market Falls on Recession Worries,Stock Market,Market Falls on Recession WorriesUnited States Stock MarketStocks fell on Tuesday as fears of a recession gripped investors and pushed the Nasdaq briefly into bear market territory.2008-01-22T08:22:44.243
Dollar Dives Versus Euro on Emergency Fed Cut,Currency,Dollar Dives Versus Euro on Emergency Fed CutUnited States CurrencyThe dollar fell sharply against the euro on Tuesday after the Federal Reserve unexpectedly slashed its benchmark overnight lending rate by 75 basis points in a bid to allay market fears about a U.S. recession.2008-01-22T06:36:23.1
Fed Slashes Rates by 75 Points,Interest Rate,Fed Slashes Rates by 75 PointsUnited States Interest RateThe Federal Reserve on Tuesday moved to ease the slide in world equity markets by slashing interest rates by 75 basis points for the first time in more than 20 years.2008-01-22T06:30:54.313
Oil Falls Below $89 as Stock Markets Plunge,Commodity,"Oil Falls Below $89 as Stock Markets PlungeUnited States CommodityOil slid almost $2 to a six-week low below $89 a barrel on Monday, as stock markets plummeted and concerns mounted over an economic slow-down led by top consumer the U.S.2008-01-21T06:51:51.817"
U.S. Stocks Post Steepest Drop Since July 2002,Stock Market,"U.S. Stocks Post Steepest Drop Since July 2002United States Stock MarketU.S. stocks posted the steepest weekly drop since July 2002 after lower-than-estimated home construction, retail sales and manufacturing reinforced speculation that the economy is entering a recession. 2008-01-19T12:56:28.22"
U.S. Leading Indicator Index Fell More Than Forecast,GDP Growth Rate,"U.S. Leading Indicator Index Fell More Than ForecastUnited States GDP Growth RateThe index of U.S. leading economic indicators fell more than forecast in December, highlighting the risk of recession.2008-01-18T08:01:42.787"
Dollar Gains vs Yen as Stock Markets Rise,Currency,"Dollar Gains vs Yen as Stock Markets RiseUnited States CurrencyThe dollar gained against the yen on Friday as rising equity markets calmed investors, prompting a few to edge back into relatively risky carry trades.
2008-01-18T07:37:09.143"
US Stocks Sink Amid Recession Fears,Stock Market,"US Stocks Sink Amid Recession FearsUnited States Stock MarketUS stocks sank to their lowest since October 2006 amid fears that a contraction in US manufacturing may tip the economy into recession and as new residential construction fell to its lowest level in 17 years. 
2008-01-17T11:17:09.843"
Dollar Declines as Bernanke Points to Easing,Currency,Dollar Declines as Bernanke Points to EasingUnited States CurrencyThe dollar dropped on Thursday after Fed Chairman Ben Bernanke told a congressional committee that more interest rate cuts may be necessary and that the economic outlook has worsened.2008-01-17T09:43:05.3
Oil Drops Below $91,Commodity,"Oil Drops Below $91United States CommodityOil slid more than $1 a barrel to below $91 on Wednesday to the lowest in almost a month, pressured by further signs that slowing U.S. economic growth will erode fuel demand.2008-01-16T06:41:37.85"
U.S. Inflation Rises the Most in 17 Years,Inflation Rate,"U.S. Inflation Rises the Most in 17 YearsUnited States Inflation RateConsumer prices rose 0.3 percent in December and for all of 2007 they shot up at the fastest rate in seventeen years, largely because of soaring energy costs.2008-01-16T06:31:04"
"U.S. Stocks Decline on Citigroup's Loss, Drop in Retail Sales",Stock Market,"U.S. Stocks Decline on Citigroup's Loss, Drop in Retail SalesUnited States Stock MarketThe U.S. stock market resumed its January tumble after Citigroup Inc. reported a record loss, retail sales unexpectedly dropped and falling oil prices dragged down energy shares2008-01-15T13:38:19.363"
Oil Falls to $93 on Economic Concerns,Commodity,"Oil Falls to $93 on Economic ConcernsUnited States CommodityOil fell more than $1 a barrel to $93 on Tuesday after data showed a surprise decline in U.S. retail sales, adding to concern that the world's top fuel consumer is heading into a recession.2008-01-15T06:45:04.983"
Dollar Falls on Weak Retail Sales,Currency,Dollar Falls on Weak Retail SalesUnited States CurrencyThe dollar extended its declines against the euro and yen on Tuesday after data showed U.S. retail sales for December were below market expectations.2008-01-15T06:33:57.047
Dollar Falls on Speculation Fed Will Cut Rates,Currency,Dollar Falls on Speculation Fed Will Cut RatesUnited States CurrencyThe dollar fell to within a cent of its all-time low versus the euro on speculation U.S. interest rates will drop below those of the 15 nations that share the single European currency for the first time in three years. 2008-01-14T06:43:51.403
Gold Passes $900 on Dollar Weakness,Commodity,"Gold Passes $900 on Dollar WeaknessUnited States CommodityGold surged to a record above $900 an ounce on Monday as expectations of aggressive interest rate cuts pushed the dollar lower.
2008-01-14T06:32:06.683"
Inflation Threats the World Economy,Inflation Rate,"Inflation Threats the World EconomyUnited States Inflation RateOver the last months, the sharp increase in food and oil prices is fueling inflation in many countries.  For instance, Eurozone inflation hit 3.1 per cent in December, U.S. CPI jumped 0.8 percent in November and China's inflation rate reached an 11-year high.2008-01-13T09:46:59.22"
Oil Eases Near $93 on U.S. Economic Worries,Commodity,"Oil Eases Near $93 on U.S. Economic WorriesUnited States CommodityOil eased near $93 a barrel on Friday, extending losses for the third consecutive day, on fears that a possible U.S. recession would weaken fuel demand from the world's largest energy consumer.
2008-01-11T06:53:46.217"
U.S. November Trade Deficit Widens More Than Forecast,Balance of Trade,"U.S. November Trade Deficit Widens More Than ForecastUnited States Balance of TradeThe U.S. trade deficit widened more than forecast in November as Americans spent a record amount on imported oil, overshadowing gains in exports. 2008-01-11T06:39:38.29"
Dollar Advances vs Majors,Currency,"Dollar Advances vs MajorsUnited States CurrencyThe dollar rebounded on Wednesday on technical buying, but a speech by the Federal Reserve chief and key central bank meetings on Thursday confined trading to tight ranges.2008-01-09T07:39:04.497"
Inflation Fears Drive Gold to New Record,Commodity,"Inflation Fears Drive Gold to New RecordUnited States CommodityGold prices soared to a new record on Tuesday, driven higher by rising geo-political tensions in the Gulf, inflation concerns and by investors seeking a safe haven from volatility in equity markets.
2008-01-08T06:53:07.003"
Crude Oil Falls More Than $2,Commodity,"Crude Oil Falls More Than $2United States CommodityCrude oil fell more than $2 a barrel, the most since November, on expectations demand will drop because of slowing economies in the U.S. and Europe and as warm weather crimped fuel demand in the Northeast. 2008-01-07T12:19:41.367"
U.S. Stocks Rise for First Time in 2008,Stock Market,"U.S. Stocks Rise for First Time in 2008United States Stock MarketU.S. stocks advanced for the first time this year, led by utilities and drugmakers, as investors snapped up companies least affected by an economic slowdown. 2008-01-07T07:20:37.75"
Dollar Rises Against Yen,Currency,"Dollar Rises Against YenUnited States CurrencyThe dollar rose the most in almost four weeks against the yen on speculation last week's decline was excessive as higher U.S. interest rates prompt investors to continue switching out of Japanese assets. 
2008-01-07T06:41:32.687"
Oil Declines After Jobs Report,Commodity,"Oil Declines After Jobs ReportUnited States CommodityOil fell after a government report showed hiring in the U.S. cooled more than forecast last month, stoking concern fuel demand will drop as economic growth slows. 
2008-01-04T10:49:57.317"
Jobs Data Raise Recession Fears on Wall Street,Unemployment Rate,Jobs Data Raise Recession Fears on Wall StreetUnited States Unemployment RateWall Street stocks were set to fall on Friday after unemployment rose sharply and employers added far fewer jobs than expected last month raising fears the US economy is on the verge of tipping into recession.2008-01-04T06:53:04.623
Dollar Trades Flat vs Euro,Currency,"Dollar Trades Flat vs EuroUnited States CurrencyThe dollar was largely unchanged against the euro on Thursday, erasing overnight losses after a report showed enough U.S. private sector job growth to ease fears about Friday's payrolls data.2008-01-03T07:56:29.43"
"U.S. Stocks Drop, DJI to Worst Start Since 1983",Stock Market,"U.S. Stocks Drop, DJI to Worst Start Since 1983United States Stock MarketU.S. stocks tumbled, led by banks and computer companies, after the biggest decline in manufacturing in five years sent the Dow Jones Industrial Average to its worst start since 1983. 2008-01-02T16:06:44.583"
"Dollar Falls Against Euro, Yen",Currency,"Dollar Falls Against Euro, YenUnited States CurrencyThe dollar weakened against the euro, extending last year's 10 percent decline, and had its biggest drop versus the yen since August after a private report showed U.S. manufacturing unexpectedly contracted in December. 
2008-01-02T14:01:58.253"
Oil Touches $100 a Barrel,Commodity,"Oil Touches $100 a BarrelUnited States CommodityOil touched $100 today, extending last year's 57 percent rally, boosted by speculation U.S. stockpiles dropped to a three- year low last week. Unrest in Nigeria, Africa's largest oil producer, also spurred prices. 2008-01-02T09:45:30.647"
Gold Reaches New Record,Commodity,Gold Reaches New RecordUnited States CommodityGold became the first commodity to reach a new record on the first session of new year with bullion prices pushing past the previous high of $850 a troy ounce reached in January 1980. 2008-01-02T08:22:13.723
Gold Holds Near 28-Year High,Commodity,"Gold Holds Near 28-Year HighUnited States CommodityGold is headed for a seventh year of gains as it held near its highest in almost 28 years, boosted by crude oil gains and the dollar's decline against major currencies. 2007-12-31T08:06:19.92"
Oil Eyes Biggest Gain this Decade,Commodity,"Oil Eyes Biggest Gain this DecadeUnited States CommodityOil steadied near $96 a barrel on Monday, heading for its biggest annual gain this decade as dwindling fuel stocks and growing concern over political turmoil offset the impact of a softening U.S. economy.
2007-12-31T07:25:33.543"
"Dollar Falls, to End 2007 on Down Note",Currency,"Dollar Falls, to End 2007 on Down NoteUnited States CurrencyThe dollar fell versus a basket of major currencies on Monday, on track for its biggest annual decline in four years on expectations the Federal Reserve will have to lower interest rates further to stave off a recession.
2007-12-31T07:21:29.043"
Dollar Falls on Soft U.S. Economic Data,Currency,Dollar Falls on Soft U.S. Economic DataUnited States CurrencyThe dollar fell broadly on Friday and was on track for its worst weekly performance in more than a year as recent soft U.S. economic data added to concern about sluggish growth in 2008.2007-12-28T07:06:22.593
U.S. Stocks Drop on Economic Concern,Stock Market,U.S. Stocks Drop on Economic ConcernUnited States Stock MarketU.S. stocks fell the most in a week after government reports on durable goods and employment heightened concern growth is slowing and an analyst predicted Citigroup Inc. will cut its dividend by 40 percent. 2007-12-27T10:14:43.743
Gold Rises to Four-Week High as Dollar Declines,Commodity,"Gold Rises to Four-Week High as Dollar DeclinesUnited States CommodityGold rose to a four-week high after the dollar fell against the euro, boosting the appeal of the precious metal as an alternative investment. Silver also gained. 2007-12-26T13:06:36.283"
Dollar Softens in Thin Trade as Stocks Dip,Currency,Dollar Softens in Thin Trade as Stocks DipUnited States CurrencyThe dollar fell against the euro in thin trade on Wednesday while the yen remained near seven-week lows as investors continued to fund carry trades by borrowing the low-yielding Japanese currency.2007-12-26T09:40:04.017
Oil Hits One-month High over $96 a Barrel,Commodity,Oil Hits One-month High over $96 a BarrelUnited States CommodityOil rose to a one-month high above $96 a barrel on Wednesday ahead of a U.S. government report expected to show crude inventories in the world's top consumer fell for a sixth straight week.2007-12-26T09:34:41.22
Oil near $91,Commodity,Oil near $91United States CommodityOil held near $91 a barrel on Friday as falling inventories in top fuel consumer the United States at the height of winter demand countered concern about its economy.2007-12-21T07:09:29.383
Oil Edges Up Ahead of Weekly U.S. Inventory Data,News,"Oil Edges Up Ahead of Weekly U.S. Inventory DataUnited States NewsOil prices edged up on Wednesday, brushing off four consecutive days of losses ahead of weekly U.S. data forecast to show yet another draw in crude stocks, but economic worries remain in the background.2007-12-19T06:30:00.19"
"Oil Falls, Stronger Dollar Weighs",Commodity,"Oil Falls, Stronger Dollar WeighsUnited States CommodityOil gave up early gains on Monday, as the dollar and comments from Algeria's oil minister curtailed a rally spurred by a winter storm in top oil consumer the United States.2007-12-17T06:51:23.457"
Dollar Extends Gains as Traders Square Bets,Currency,"Dollar Extends Gains as Traders Square BetsUnited States CurrencyThe dollar rose to a 10-week high against the pound and climbed to a six-week peak against the euro on Monday, extending its strong run following forecast-beating US economic data last week.2007-12-17T06:37:15.613"
Greenspan Sees Early Signs of U.S. Stagflation,GDP Growth Rate,"Greenspan Sees Early Signs of U.S. StagflationUnited States GDP Growth RateThe U.S. economy is showing early signs of stagflation as growth threatens to stall while food and energy prices soar, former U.S. Federal Reserve Chairman Alan Greenspan said on Sunday.2007-12-16T09:35:58.533"
U.S. November CPI up 0.8 percent,Inflation Rate,"U.S. November CPI up 0.8 percentUnited States Inflation RateConsumer prices jumped a bigger-than-expected 0.8 percent in November, the sharpest climb in more than two years and driven by surging energy costs, a government report released on Friday showed.2007-12-14T06:34:14.437"
Futures Inch off Lows on Retail Sales,Stock Market,Futures Inch off Lows on Retail SalesUnited States Stock MarketStock index futures were lower on Thursday but well off session lows as Wall Street weighed stronger-than-expected retail sales data against a report showing wholesale inflation rose more than expected.2007-12-13T07:06:28.42
Central Banks Step in to Attack Credit Crisis,Stock Market,"Central Banks Step in to Attack Credit CrisisUnited States Stock MarketThe world’s central banks on Wednesday unleashed a co-ordinated assault on the liquidity squeeze in global capital markets. The Federal Reserve, European Central Bank, Bank of England, Bank of Canada, and the Swiss National Bank all announced measures to attack the liquidity crisis.2007-12-12T07:42:24.09"
U.S. Trade Gap Widens in October,Balance of Trade,"U.S. Trade Gap Widens in OctoberUnited States Balance of TradeThe U.S. trade deficit widened in October as the value of imported crude oil rose to a record. Imports, exports and the deficit with China were the biggest ever.2007-12-12T06:57:54.947"
Fed Cuts Rates by a Quarter-point,Interest Rate,Fed Cuts Rates by a Quarter-pointUnited States Interest RateThe Federal Reserve on Tuesday cut interest rates by 25 basis points in an effort to offset renewed strain in the credit markets and keep the US economy out of recession.2007-12-11T11:22:40.85
Fed Set to Cut Rates,Interest Rate,Fed Set to Cut RatesUnited States Interest RateThe U.S. Federal Reserve is widely expected to cut interest rates on Tuesday by at least a quarter-percentage point to fortify the economy against a credit crunch and housing slump that some economists fear could bring a recession.2007-12-11T06:57:48.84
Dollar Slips after Last Week's Gains,Currency,"Dollar Slips after Last Week's GainsUnited States CurrencyThe dollar slipped against most major currencies on Monday, reversing some recent strong gains ahead of an expected U.S. interest rate cut by the Federal Reserve this week.2007-12-10T06:46:12.043"
Big Fed Rate Cut May Spur a Rally,Interest Rate,"Big Fed Rate Cut May Spur a RallyUnited States Interest RateA big interest-rate cut by the Federal Reserve next week, or at least a hint more cuts are coming, coupled with this week's subprime rescue plan could lift investor confidence and inspire a pre-Christmas rally.2007-12-09T17:51:26.887"
Jobs in U.S. Rise More Than Forecast,Unemployment Rate,"Jobs in U.S. Rise More Than ForecastUnited States Unemployment RateEmployers in the U.S. hired more workers than forecast in November, suggesting job growth will help prop up spending as the economy struggles to avoid its first recession since 2001. 2007-12-07T06:20:40.56"
Oil Price Jumps as Opec Rules out Increase,Commodity,Oil Price Jumps as Opec Rules out IncreaseUnited States CommodityCrude oil prices on Wednesday jumped above $90 a barrel after Opec left its official production level unchanged and said it will review that decision in early February. 2007-12-05T06:28:58.647
Dollar Extends Gains after Strong ADP Report,Currency,"Dollar Extends Gains after Strong ADP ReportUnited States CurrencyThe dollar extended gains versus the euro on Wednesday after a private sector report showed U.S. employers added a much higher than expected 189,000 jobs in November, suggesting government data on Friday may also show signs of strength in the labor market.2007-12-05T06:23:57.593"
Credit Jitters Hit Global Stocks and Dollar,Stock Market,"Credit Jitters Hit Global Stocks and DollarUnited States Stock MarketJitters about the U.S. economy and the credit crisis kept investors away from riskier assets on Tuesday, sending stocks sharply lower and boosting the Japanese yen against higher-yielding currencies.2007-12-04T06:36:11.517"
Oil Slides to 5-week Low,Commodity,"Oil Slides to 5-week LowUnited States CommodityOil prices sank to their lowest in more than five weeks on Monday, pressured by expectations OPEC may agree to boost oil output at a meeting this week, plus signs of a turnaround in the U.S. dollar.2007-12-03T07:52:56.4"
Oil Falls Below $89,Commodity,Oil Falls Below $89United States CommodityOil tumbled more than $2 to a one-month low below $89 a barrel on Friday as attention returned to next week's OPEC meeting that is expected to boost output.2007-11-30T07:05:09
U.S. Economic Growth Eased as Home Demand Fell,GDP Growth Rate,"U.S. Economic Growth Eased as Home Demand FellUnited States GDP Growth RateEconomic growth slowed in October and the first half of November as a glut of homes for sale pushed home prices down and tighter credit took some would-be buyers out of the market, the Federal Reserve said on Wed2007-11-28T15:02:59"
Dollar Gains; Investors Bet Recent Declines Too Far,Currency,"Dollar Gains; Investors Bet Recent Declines Too FarUnited States CurrencyThe dollar rose to one-week highs versus the euro, the yen and the Swiss franc on Wednesday, with investors betting the U.S. currency's recent slump to multi-year lows had gone too far, though thin volumes accentuated market moves.
2007-11-28T06:40:26.047"
Fed Seeks to Calm Markets,Interest Rate,"Fed Seeks to Calm MarketsUnited States Interest RateIn an apparent bid to reassure markets troubled by hawkish rhetoric from the Federal Reserve, vice-chairman Don Kohn on Wednesday said the Fed would be ”flexible and pragmatic” in responding to the renewed stress in financial markets.2007-11-28T06:36:36.337"
US Housing Gloom Intensifies,GDP Growth Rate,"US Housing Gloom IntensifiesUnited States GDP Growth RateDeclines in US home prices accelerated in the third quarter to show their biggest drop in more than 20 years, as sales withered, driving the US economy closer to recession.2007-11-27T08:43:07.527"
Dollar Gives Up Early Gains,Currency,Dollar Gives Up Early GainsUnited States CurrencyThe dollar surrendered early gains against most currencies other than the yen on Tuesday despite news that Citigroup Inc. will sell a stake to the Abu Dhabi government.2007-11-27T07:03:31.483
U.S Market Plunge on Credit Woes,Stock Market,"U.S Market Plunge on Credit WoesUnited States Stock MarketStocks tumbled on Monday as investors worried rising mortgage defaults and credit market losses will drag on the economy, fueling fears that consumers will slash spending during the vital holiday season.2007-11-26T16:02:00.603"
Oil Falls on Prospect of OPEC Supply Increase,Commodity,Oil Falls on Prospect of OPEC Supply IncreaseUnited States CommodityOil fell on Monday on expectations OPEC may increase output to help stem a record rally that has sent prices near $100 a barrel.2007-11-26T12:32:51.62
What May Influence U.S Stocks this Week?,Stock Market,What May Influence U.S Stocks this Week?United States Stock MarketThis week we will have new data on an already depressed housing sector. Key concerns are centered on whether the dollar falls through $1.50 against the euro and whether oil hits $100 per barrel. 2007-11-25T13:33:31.7
Dollar Tumbles to Record Low Against Euro,Currency,Dollar Tumbles to Record Low Against EuroUnited States CurrencyThe U.S. dollar headed for a weekly decline against the euro and the yen on speculation U.S. credit- market losses will prompt the Federal Reserve to keep lowering interest rates. 2007-11-23T09:04:09.93
Dollar Marks Thanksgiving with New Record Lows,Currency,"Dollar Marks Thanksgiving with New Record LowsUnited States CurrencyThe dollar hit new record lows against the euro, the Swiss a basket of currencies on Thursday on growing belief that the U.S. Federal Reserve will cut interest rates again next month.2007-11-22T08:17:08.28"
Oil Steadies while Gold Breaches $800,Commodity,Oil Steadies while Gold Breaches $800United States CommodityOil consolidated after coming close to $100 a barrel during Wednesday’s session while gold traded above the $800 level but trading in commodities markets was expected to be lighter than normal on Thursday due to the Thanksgiving holiday in the US.2007-11-22T08:10:18
Fears of Slowdown in U.S. Hit Markets,Stock Market,Fears of Slowdown in U.S. Hit MarketsUnited States Stock MarketA growing realisation that the global economy will not escape a US slowdown saw stocks around the world tumble on Wednesday while investors sought safety in government bonds.2007-11-21T14:54:06.03
U.S. Dollar: Whose problem is it now?,Currency,"U.S. Dollar: Whose problem is it now?United States CurrencyThe United States has been for a long time indifferent to a falling dollar. For example, in 1971, John Connally, U.S. Secretary of the Treasury, told a group of visiting Europeans that the dollar was “our currency, but your problem”. Yet, the decline has become so visible and so sustained that the risk of a dollar collapse seems closer than ever before.2007-11-21T07:31:55.193"
Crude oil almost at $100,Commodity,"Crude oil almost at $100United States CommodityOil held above $98 a barrel on Wednesday, after closing in on the $100 milestone as the dollar hit new lows and cold weather in the United States, the world's biggest fuel consumer, stirred anxiety over winter supplies.2007-11-21T06:59:32.343"
U.S. Stocks Rebound from Three-month Lows,Stock Market,"U.S. Stocks Rebound from Three-month LowsUnited States Stock MarketU.S. stocks rose, rebounding from three-month lows, after record oil prices boosted energy companies and Credit Suisse Group said shares of Google Inc. may reach $900 in the coming year. 2007-11-20T15:05:14.483"
Fed Lowers Growth Forcast,GDP Growth Rate,"Fed Lowers Growth ForcastUnited States GDP Growth RateFederal Reserve policy makers lowered their growth forecast in October and expressed concern about credit-market losses, even as they described the interest- rate cut as a ``close call.'' 2007-11-20T13:21:55.057"
Crude Oil Rises a Third Day as U.S. Dollar Touches Record Low,Commodity,"Crude Oil Rises a Third Day as U.S. Dollar Touches Record LowUnited States CommodityCrude oil rose for a third day after the dollar touched a record low against the euro, increasing demand for commodities. 2007-11-20T08:03:43.38"
Rate Talk Sends Dollar to Record Low,Currency,Rate Talk Sends Dollar to Record LowUnited States CurrencyThe dollar fell to a record low against the euro on Tuesday as speculation swept the currencies markets that the Federal Reserve was set to deliver an emergency cut in US interest rates. 2007-11-20T06:47:46.39
Citi Downgrade Rattles Wall Street,Stock Market,"Citi Downgrade Rattles Wall StreetUnited States Stock MarketThe Dow and the S&P 500 fell to their lowest levels in three months on Monday after a broker downgrade of Citigroup sparked concerns more mortgage losses may lie ahead, compounding doubts about the outlook for the economy.2007-11-19T14:42:17.457"
Dollar Hit by Fresh Weakness,Currency,Dollar Hit by Fresh WeaknessUnited States CurrencyThe dollar fell to a twelve-year low against the Swiss franc and lost ground against the yen on Monday as fears over the health of the US economy continued to undermine the currency.2007-11-19T07:09:00.3
"Volatility, Thin Trade Seen Due to Holiday",Stock Market,"Volatility, Thin Trade Seen Due to HolidayUnited States Stock MarketU.S. Stocks are likely to be volatile next week in trade thinned by the Thanksgiving holiday, with investors focused on an expanded look at the Federal Reserve's view of interest rates and the economy.2007-11-18T15:06:22.48"
Opec Unites Behind Higher Prices,Commodity,"Opec Unites Behind Higher PricesUnited States CommodityOpec leaders meeting at the weekend summit in Saudi Arabia have differed sharply over the group strategy and purpose, but have united in defence of high oil prices.2007-11-18T14:49:27.047"
U.S. Stock Market Ends Higher on Tech,Stock Market,"U.S. Stock Market Ends Higher on TechUnited States Stock MarketU.S. stocks rose on Friday after a day of sharp price swings, helping the S&P 500 narrowly avert a third straight week of losses as bargain-hunting lifted the beaten-down technology sector while shares of oil companies advanced on buoyant crude prices.2007-11-16T14:16:52.71"
Fed's Kroszner: Current policy OK for rough patch,Interest Rate,"Fed's Kroszner: Current policy OK for rough patchUnited States Interest RateThe Federal Reserve's current policy stance should be just right to help the U.S. economy weather a rough patch in months ahead without triggering inflation, Fed Governor Randall Kroszner said on Friday.2007-11-16T06:45:03.4"
"Wall St Slides Amid Credit, Housing Fear",Stock Market,"Wall St Slides Amid Credit, Housing FearUnited States Stock MarketU.S. stocks tumbled on Thursday as investors remained skittish about the housing slump's toll on the economy and potential credit losses at big financial services companies.2007-11-15T14:00:37.6"
Dollar Rises vs Euro on Credit Crunch Fears,Currency,Dollar Rises vs Euro on Credit Crunch FearsUnited States CurrencyThe dollar rose against the euro but slipped against the yen on Thursday as fears about the effects of the credit crunch and falling equity markets led investors to pare back on profitable trades.2007-11-15T08:50:26.933
Oil Falls Sharply after Rise in U.S. Crude Stocks,Commodity,Oil Falls Sharply after Rise in U.S. Crude StocksUnited States CommodityOil fell sharply on Thursday after an unexpected rise in crude oil inventories in top consumer the United States.2007-11-15T08:26:21.96
U.S. CPI rose 0.3 percent in October,Inflation Rate,"U.S. CPI rose 0.3 percent in OctoberUnited States Inflation RateConsumer prices rose a brisk 0.3 percent in October, which was in line with expectations and driven by the sharpest rise in energy costs in five months, the government reported on Thursday.2007-11-15T06:19:36.237"
Retail Sales and Producer Price Reports Show Slower U.S. Growth,GDP Growth Rate,"Retail Sales and Producer Price Reports Show Slower U.S. GrowthUnited States GDP Growth RateReports on retail sales and producer prices showed U.S. economic growth is cooling after its third- quarter spurt, while inflation slows. 2007-11-14T14:20:43.57"
U.S. Market Stumbles on Credit Worries,Stock Market,U.S. Market Stumbles on Credit WorriesUnited States Stock MarketU.S. stocks fell on Wednesday after an attempt to extend the previous session's huge rally faltered in the face of persistent worry that more fallout from the housing downturn and credit crunch lies ahead.2007-11-14T14:08:42.16
U.S Market Flat as Initial Gains Fade,Stock Market,U.S Market Flat as Initial Gains FadeUnited States Stock MarketStocks were little changed on Wednesday as investor doubt the market would sustain Tuesday's sharp recovery overshadowed comments by Bear Stearns Cos. Inc. that eased some worries about financial sector losses.2007-11-14T08:57:33.13
U.S. Market Advances Most in Two Months,Stock Market,U.S. Market Advances Most in Two MonthsUnited States Stock MarketU.S. stocks snapped a four-day losing streak on Tuesday with Nasdaq notching its biggest gain in more than four years after news that Apple Inc was in talks to offer iPhones in China sent investors bargain hunting among battered technology stocks.2007-11-13T13:50:32
"U.S. Stocks Fall, Led by Oil and Metal Producers",Stock Market,"U.S. Stocks Fall, Led by Oil and Metal ProducersUnited States Stock MarketU.S. stocks fell for a fourth day, the longest stretch of declines in eight months, after tumbling oil and metals prices dragged down commodities producers. 
2007-11-12T13:47:22.61"
Oil Falls More Than $2 as Slower U.S. Economy May Curb Demand,Commodity,Oil Falls More Than $2 as Slower U.S. Economy May Curb DemandUnited States CommodityCrude oil fell more than $2 a barrel on forecasts for reduced U.S. consumer spending and on slowing growth of oil imports in China. 2007-11-12T10:59:14.96
How bad is the U.S. Economy doing?,Interest Rate,"How bad is the U.S. Economy doing?United States Interest RateThe U.S. economy doesn’t look too good, credit squeeze and housing meltdown are spreading to the rest of the market, stocks are falling, and oil prices are soaring. The last U.S. recession ended six years ago and it looks that the slowdown or recession is on its way.2007-11-10T15:21:21.927"
"Wall St. set for slide at open on banks, tech",Stock Market,"Wall St. set for slide at open on banks, techUnited States Stock MarketStocks headed for a sell-off on Friday on news of large credit losses at the fourth-biggest U.S. bank and worries about the outlook for tech company profits.2007-11-09T07:14:54.63"
U.S. Trade Gap Shrinks in September,Balance of Trade,"U.S. Trade Gap Shrinks in SeptemberUnited States Balance of TradeThe U.S. trade deficit unexpectedly narrowed in September as the dollar's slump helped push exports to a record, giving the economy a lift as the housing recession deepened. 2007-11-09T06:32:48.973"
Bernanke warns on risks of higher inflation,Inflation Rate,"Bernanke warns on risks of higher inflationUnited States Inflation RateThe fall in the dollar and the rise in the price of oil poses a risk to US inflation, Ben Bernanke told Congress on Thursday, as he explained why the latest Fed statement judged the risks to growth and inflation as roughly balanced.
2007-11-08T08:55:56.203"
Wall Street hit by tech and retail stocks,Stock Market,"Wall Street hit by tech and retail stocksUnited States Stock MarketWall Street stocks were lower at mid-morning on Thursday, with technology shares hit by a sharp slide in Cisco and retailers posting a second straight month of weak sales. The financial sector remained volatile.2007-11-08T07:33:13.827"
U.S. Stocks Plunges on Heightened Credit Fears,Stock Market,"U.S. Stocks Plunges on Heightened Credit FearsUnited States Stock MarketU.S. stocks fell, erasing their gains since las week Fed's interest-rate cut, after New York expanded its probe of the mortgage industry, General Motors Corp. posted a record loss and the dollar tumbled. 2007-11-07T16:14:42.533"
Oil closes in on $100 a barrel level,Commodity,Oil closes in on $100 a barrel levelUnited States CommodityCrude oil and gold prices surged to fresh highs on Wednesday amid renewed dollar weakness as investors sought refuge from a second wave of credit turmoil. 2007-11-07T06:19:43.53
US Stocks Gain on Energy,Stock Market,"US Stocks Gain on EnergyUnited States Stock MarketStocks rose on Tuesday as oil prices topped $97 a barrel and lifted shares of Exxon Mobil and other energy producers, while optimism a day ahead of Cisco Systems earnings drove another rally in technology shares.2007-11-06T14:15:12.807"
Gold Climbs to 27-Year High,Commodity,"Gold Climbs to 27-Year HighUnited States CommodityGold rose, extending a rally to the highest price since 1980, after crude-oil reached a record and the dollar fell to the lowest ever against the euro.  2007-11-06T07:05:45.073"
Crude Oil Reach Records,Commodity,"Crude Oil Reach RecordsUnited States CommodityOil leapt more than $2 a barrel to a new record high of $96.44 on Tuesday, as a weak U.S. dollar and tight fuel stocks prompted buying by speculators.2007-11-06T07:00:29.8"
Dollar Falls to Record Low Against Euro,Currency,"Dollar Falls to Record Low Against EuroUnited States CurrencyThe U.S. dollar fell to a record low against the euro on speculation financial-company losses from U.S. subprime-mortgage defaults will grow, prompting the Federal Reserve to cut interest rates for a third time this year. 2007-11-06T06:50:43.41"
"U.S. Stocks Decline, Led by Financials; Citigroup, Merrill Fall",Stock Market,"U.S. Stocks Decline, Led by Financials; Citigroup, Merrill FallUnited States Stock MarketU.S. stocks tumbled to the lowest in seven weeks after Citigroup Inc. said it may write down an additional $11 billion, heightening concern that financial companies will report more losses tied to subprime home loans. 
2007-11-05T07:04:16.563"
Oil falls as Citi woes revive credit concerns,Commodity,Oil falls as Citi woes revive credit concernsUnited States CommodityOil fell back sharply on Monday after a warning by top bank Citigroup of more write-downs related to risky U.S. mortgages heightened concern over the economic health of the world's biggest fuel consumer.2007-11-05T06:24:37.38
"U.S. Payrolls Rose 166,000 in October",Unemployment Rate,"U.S. Payrolls Rose 166,000 in OctoberUnited States Unemployment RateEmployment in the U.S. rose more than forecast in October. Payrolls climbed by 166,000 after a 96,000 increase in September, the Labor Department said today in Washington. The jobless rate held at 4.7 percent. 
2007-11-02T05:45:28.11"
US Market Ends Down Sharply on Credit Worries,Stock Market,"US Market Ends Down Sharply on Credit WorriesUnited States Stock MarketStocks ended sharply lower on Thursday, erasing the previous session's gains, after brokerage downgrades of the two biggest U.S. banks sparked fears of more fallout from the credit crisis. It was the biggest daily percentage loss in the S&P 500 since August 9.2007-11-01T13:36:00.167"
Oil falls from record high above $96,Commodity,Oil falls from record high above $96United States CommodityOil fell on Thursday as investors cashed in on a new peak of $96 a barrel struck following a sharp decline in U.S. crude stocks and the U.S. Federal Reserve's interest rate cut the previous day.2007-11-01T09:32:47.37
Dollar falls vs yen as U.S. stocks weigh,Currency,"Dollar falls vs yen as U.S. stocks weighUnited States CurrencyThe dollar retreated against the yen on Thursday, reversing earlier gains, hurt by declines in U.S. stocks as investors backed out of riskier assets.2007-11-01T07:14:12.25"
Fed Cuts Interest Rate by 1/4 Point,Interest Rate,Fed Cuts Interest Rate by 1/4 PointUnited States Interest RateThe Federal Reserve cut its benchmark interest rate by a quarter point to 4.5 percent to cushion the U.S. economy from the housing recession that officials predict will extend into next year. 2007-10-31T11:34:37.02
Crude Oil Rises After Report of Unexpected U.S. Inventory Drop,Commodity,Crude Oil Rises After Report of Unexpected U.S. Inventory DropUnited States CommodityCrude oil rose more than $3 a barrel after an Energy Department report showed that U.S. inventories unexpectedly declined. 2007-10-31T08:12:19.803
Oil near $90 ahead of Fed rate decision,Commodity,"Oil near $90 ahead of Fed rate decisionUnited States CommodityOil bounced off early lows to hover around $90 a barrel on Wednesday after some profit-taking from this week's record high, as the market awaited a key rate decision in the U.S. and data on crude inventories there.
2007-10-31T07:01:16.803"
US Economic Growth Rate Edges up in Q3,GDP Growth Rate,"US Economic Growth Rate Edges up in Q3United States GDP Growth RateA pickup in consumer spending and strong exports powered economic growth ahead at its fastest rate during the third quarter since the beginning of 2006, according to a government report on Wednesday.2007-10-31T06:18:55.8"
Data add to gloom on US economy,GDP Growth Rate,"Data add to gloom on US economyUnited States GDP Growth RateUS consumer confidence fell for the third month in a row, raising the pressure on the Federal Reserve to cut interest rates as evidence mounted that the danger posed by the subprime mortgage crisis and credit squeeze to the economy is spreading.2007-10-30T10:15:06"
"Rate-cut hopes, commodity shares buoy Wall St.",Interest Rate,"Rate-cut hopes, commodity shares buoy Wall St.United States Interest RateStocks rose on Monday as investors bet that the Federal Reserve will cut benchmark lending rates this week and that soaring commodity prices will boost profits of metal and energy producers.2007-10-29T19:29:13.06"
"U.S. Stocks Gain, Led by Commodity Shares; Exxon, Newmont Rise",Stock Market,"U.S. Stocks Gain, Led by Commodity Shares; Exxon, Newmont RiseUnited States Stock MarketU.S. stocks rose for a second day, led by commodities producers, after the price of oil climbed to a record and the slumping dollar made metals more attractive to foreign buyers. 2007-10-29T07:16:50.317"
Dollar hits fresh low against euro,Currency,Dollar hits fresh low against euroUnited States CurrencyThe dollar fell to a fresh record low against the euro and lost ground across the board on Monday as the prospect of a cut in US interest rates continued to pile pressure on the currency.2007-10-29T07:03:53.763
Can Oil Slow Down the World Economy?,Commodity,"Can Oil Slow Down the World Economy?United States CommoditySince January, crude oil prices have risen by about 50 percent and it is very likely that they will achieve the level of $100 per barrel by the end of this year. 2007-10-28T17:07:30"
Dollar Falls to Record Low Versus Euro as Bets on Fed Cut Mount,Currency,"Dollar Falls to Record Low Versus Euro as Bets on Fed Cut MountUnited States CurrencyThe dollar fell to a record low against the euro on signs climbing oil prices and a slump in housing are hurting U.S. consumer confidence, bolstering the case for the Federal Reserve to cut interest rates again. 2007-10-26T13:54:53.833"
Wall Street ends higher on Microsoft and Countrywide,Stock Market,"Wall Street ends higher on Microsoft and CountrywideUnited States Stock MarketStocks finished higher on Friday after an increased profit forecast by Microsoft Corp. boosted all three major indexes, while an upbeat outlook by lender Countrywide Financial Corp. stemmed fears of financial-sector losses.2007-10-26T13:48:07.87"
"Market set to rise on Countrywide, Microsoft",Stock Market,"Market set to rise on Countrywide, MicrosoftUnited States Stock MarketStocks were set to open higher on Friday after lender Countrywide Financial Corp. said it expects to return to profitability this quarter and Microsoft Corp.  raised its profit outlook.2007-10-26T06:50:24.687"
Oil tops $92 on inventory concerns,Commodity,"Oil tops $92 on inventory concernsUnited States CommodityCrude oil prices on Friday breached $92 a barrel to hit a fresh all-time high, driven by low inventories ahead of the winter peak season, fresh geopolitical tension between the US and Iran and the weakness of the US dollar.2007-10-26T06:43:46.02"
Oil hits record over $90,Commodity,Oil hits record over $90United States CommodityOil roared to a new record over $90 on Thursday as tight inventories and fresh signs OPEC will shrug off calls for additional oil from big consumer nations sent prices up nearly 4 percent.2007-10-25T13:59:41.97
Housing data and earnings lift Wall Street,Stock Market,Housing data and earnings lift Wall StreetUnited States Stock MarketUS stocks were higher on Thursday after some positive housing data surprised investors and an array of upbeat earnings helped to dispel concerns about the economy. 2007-10-25T08:11:20.607
Dollar nears record low vs euro after durables data,Currency,"Dollar nears record low vs euro after durables dataUnited States CurrencyThe dollar fell closer to a record low versus the euro on Thursday after a report showed an unexpected fall in September durable good orders, bolstering the view a slowing U.S. economy will prompt a cut in U.S. interest rates next week.2007-10-25T07:12:04.063"
U.S. Stocks Drop on Merrill Lynch Loss,Stock Market,"U.S. Stocks Drop on Merrill Lynch LossUnited States Stock MarketU.S. stocks declined for the first time in three days after Merrill Lynch & Co. reported a bigger- than-expected loss because of writedowns related to subprime mortgages, dimming the outlook for investment bank earnings. 2007-10-24T07:36:14.49"
Will the FED cut rates on October 31?,Interest Rate,"Will the FED cut rates on October 31?United States Interest RateDespite the recent improvement on financial conditions in the world's largest economy, it is still in the eye of the storm. FED may cut interest rates to prevent problems in both the housing and banking sector.2007-10-24T07:31:07.45"
"U.S. Stocks Advance on Earnings; Apple, American Express Rally",Stock Market,"U.S. Stocks Advance on Earnings; Apple, American Express RallyUnited States Stock MarketU.S. stocks rose the most in two weeks after better-than-expected earnings from Apple Inc. and American Express Co. eased concern the housing slump has depressed consumer spending. 2007-10-23T18:51:36.167"
Oil turns higher and climbs back above $86,Commodity,Oil turns higher and climbs back above $86United States CommodityOil turned higher again on Tuesday after retreating from record highs in response to concerns about the U.S. economy and further indications OPEC has already substantially raised oil output.2007-10-23T07:05:20.863
"U.S. Stocks Rise, Led by Technology, Bank Shares; Apple Gains",Stock Market,"U.S. Stocks Rise, Led by Technology, Bank Shares; Apple GainsUnited States Stock MarketU.S. stocks rose for the first time in three days after Bear Stearns Cos. got a $1 billion investment from China and investors speculated technology companies will report better-than-forecast earnings. 2007-10-22T14:05:30.58"
Wall Street set for sharp losses,Stock Market,"Wall Street set for sharp lossesUnited States Stock MarketWall Street was set for a sharply lower start on Monday, with investors stuck in a bearish mood after last week’s disappointing corporate earnings and worries over the US economy and the credit market.2007-10-22T06:48:42.127"
U.S. Stocks Fall Most in 2 Months,Stock Market,"U.S. Stocks Fall Most in 2 MonthsUnited States Stock MarketU.S. stocks tumbled the most in two months after earnings reports from banks, manufacturers and industrial companies heightened concern about the health of financial markets and the economy. 2007-10-19T14:38:05.57"
Crude Oil Reaches Record $90,Commodity,"Crude Oil Reaches Record $90United States CommodityCrude oil rose to a record $90 a barrel in New York after the U.S. dollar fell against the euro, enhancing the appeal of commodities as an investment. 2007-10-18T19:52:09.293"
Bond yields fall as US recession fears grow,GDP Growth Rate,"Bond yields fall as US recession fears growUnited States GDP Growth RateBond yields staged their biggest decline in more than a month on Wednesday as fears grew that weakness in the US housing sector would lead the nation into recession. 
2007-10-17T16:42:34.653"
"U.S. CPI Rise in September on Food, Fuel",Inflation Rate,"U.S. CPI Rise in September on Food, FuelUnited States Inflation RatePrices paid by U.S. consumers rose more than forecast in September as food and energy costs climbed, while the core measure that excludes those items showed inflation remains contained. 2007-10-17T06:20:03.95"
Oil prices at $100 at the end of this year?,Commodity,Oil prices at $100 at the end of this year?United States CommodityCrude oil prices hit a record $88.20 per barrel on Tuesday at the New York Mercantile Exchange on geopolitical tensions and OPEC suggestion that it would not increase its production in the short-term.2007-10-16T18:43:33.357
Bernanke Says Housing to Remain `Drag' on U.S. Growth,GDP Growth Rate,"Bernanke Says Housing to Remain `Drag' on U.S. GrowthUnited States GDP Growth RateFederal Reserve Chairman Ben S. Bernanke said the housing slump will be a ``significant drag'' on U.S. growth into next year, though evidence of a broader impact on spending is limited. 2007-10-15T19:59:45.91"
Gold Rises to 27-Year High on Dollar's Slump,Currency,Gold Rises to 27-Year High on Dollar's SlumpUnited States CurrencyGold rose to the highest since 1980 as a weakening dollar and record energy costs boosted the appeal of the precious metal as a hedge against inflation. Silver also gained. 2007-10-15T07:18:35.56
Stocks face earnings and "Black Monday",Stock Market,"Stocks face earnings and ""Black Monday""United States Stock MarketJust as earnings season hits full swing next week and investors get their first full taste of how the housing meltdown affected corporate profits, Wall Street will take a moment to recall how the Dow plunged nearly 23 percent on a ""Black Monday"" 20 years ago.
2007-10-13T08:32:44.953"
Wall Street Rises on Data,Stock Market,"Wall Street Rises on DataUnited States Stock MarketStocks rose on Friday, helped by data that pointed to tame inflation and strength in consumer spending, while news of a proposed takeover in the software industry lifted technology shares.2007-10-12T07:22:15.073"
Retail data ease pressure on Fed,GDP Growth Rate,Retail data ease pressure on FedUnited States GDP Growth RateUS retail sales held up last month in a sign that consumers are continuing to spend despite a worsening housing market and turbulence in financial markets.2007-10-12T07:14:23.297
Nasdaq leads market's drop on Baidu.com note,Stock Market,"Nasdaq leads market's drop on Baidu.com noteUnited States Stock MarketStocks sank on Thursday, led by a drop of more than 1 percent in the Nasdaq, as a downbeat brokerage comment on Chinese Internet company Baidu.com Inc. unnerved investors after record highs earlier in the day.2007-10-11T20:48:01.46"
U.S. August Trade Deficit Narrowed More Than Forecast,Balance of Trade,"U.S. August Trade Deficit Narrowed More Than ForecastUnited States Balance of TradeThe U.S. trade deficit narrowed more than forecast in August as exports climbed to a record for a sixth consecutive month. 
2007-10-11T06:12:25.217"
World stocks at record high,Stock Market,"World stocks at record highUnited States Stock MarketWorld stocks stretched to record highs on Wednesday, led by emerging markets, while the dollar slipped on reduced hopes of a new U.S. interest rate cut.2007-10-10T06:36:12.503"
Oil Poised for Drop as Price Gap to Gasoline Widens,Inflation Rate,Oil Poised for Drop as Price Gap to Gasoline WidensUnited States Inflation RateThe widening gap between crude oil and the relatively low price of gasoline is signaling the first quarterly decline in oil prices in a year. 2007-10-08T06:51:33.4
Greenspan says U.S. economic growth slowing,GDP Growth Rate,"Greenspan says U.S. economic growth slowingUnited States GDP Growth RateFormer Federal Reserve Chairman Alan Greenspan said on Sunday that the rate of U.S. economic growth was slowing, but the odds of a recession are less than 50 percent.2007-10-07T09:43:52.09"
Earnings may keep stocks rally alive,Stock Market,"Earnings may keep stocks rally aliveUnited States Stock MarketStocks wrapped up their first week of the fourth quarter by touching record highs, and the potential for profits to beat reduced expectations as results start coming in next week may keep the rally alive.
2007-10-06T08:59:51.41"
US Employment Grows in September,Unemployment Rate,"US Employment Grows in SeptemberUnited States Unemployment RateEmployment rose in September, and the unemployment rate was essentially unchanged at 4.7 percent. Average hourly earnings rose by 7 cents, or 0.4 percent.2007-10-05T06:55:18"
Jobs data pivotal for US stocks,Stock Market,"Jobs data pivotal for US stocksUnited States Stock MarketAfter posting solid gains in September, U.S. stocks are once again near all-time highs. But a significant hurdle in the form of monthly payroll data must be cleared next week if the advance is going to carry over to the fourth quarter.2007-09-30T09:23:00.787"
US Real GDP intreases 3.8% in Q2,GDP Growth Rate,"US Real GDP intreases 3.8% in Q2United States GDP Growth RateReal gross domestic product increased at an annual rate of 3.8 percent in the second quarter of 2007. In the first quarter, real GDP increased 0.6 percent. 2007-09-27T07:19:44.37"
U.S. Stocks Rise on Rate-Cut Speculation,Stock Market,"U.S. Stocks Rise on Rate-Cut SpeculationUnited States Stock MarketU.S. stocks rose for a second day as investors speculated a report on home sales will give the Federal Reserve more reason to continue cutting interest rates. 
2007-09-27T07:07:23.243"
The Federal Reserve May Add more Money to the System,Interest Rate,"The Federal Reserve May Add more Money to the SystemUnited States Interest RateThe interest rate spread between the Fed Funds rate and inter-bank rates with the same maturity, a popular measure of the risk of lending and the level of trust and confidence in the financial system, it’s still to wide for the banking system to work properly and the FED could be forced to add more liquidity2007-09-25T07:25:10.483"
Dollar Falls to Record Low Against Euro.,Currency,"Dollar Falls to Record Low Against Euro.United States CurrencyThe dollar fell to a record low against the euro and declined versus the yen on speculation economic reports will show U.S. growth is losing momentum, adding to pressure on the Federal Reserve to cut interest rates again. 2007-09-24T05:49:39"
Dollar Heads for Third Weekly Loss Against Euro,Currency,Dollar Heads for Third Weekly Loss Against EuroUnited States CurrencyThe dollar headed for the biggest weekly loss in almost four years against the Canadian dollar and a third decline against the euro on speculation the Federal Reserve will keep cutting U.S. interest rates. 2007-09-21T05:50:57.14
Dollar Falls to Record Low Against Euro,Currency,"Dollar Falls to Record Low Against EuroUnited States CurrencyThe U.S. dollar fell to a record low against the euro on speculation the Federal Reserve will continue to reduce interest rates, dimming the allure of U.S. assets.2007-09-20T06:55:09.547"
U.S. Consumer Prices Unexpectedly Fall 0.1% in August,Inflation Rate,"U.S. Consumer Prices Unexpectedly Fall 0.1% in AugustUnited States Inflation RateConsumer prices in the U.S. unexpectedly fell in August for the first time this year, as Americans paid less for gasoline and housing costs were unchanged. 2007-09-19T06:14:23.46"
Fed Lowers Benchmark Rate to 4.75 Percent,Interest Rate,"Fed Lowers Benchmark Rate to 4.75 PercentUnited States Interest RateThe Federal Reserve lowered its benchmark interest rate by a half point to 4.75 percent, the first cut in four years, hoping to keep the U.S. from sinking into a recession sparked by spreading housing-market fallout. 
2007-09-18T11:24:48.9"
U.S. Stock Futures Advance on Speculation the Fed Will Cut Rates,Stock Market,"U.S. Stock Futures Advance on Speculation the Fed Will Cut RatesUnited States Stock MarketU.S. stock-index futures advanced on speculation the Federal Reserve will cut its benchmark lending rate by 50 basis points to 4.75 percent. Standard & Poor's 500 Index futures expiring in December added 7 to 1,496.8 as of 8:27 a.m. in New York. Dow Jones Industrial Average futures increased 50 to 13,553 and Nasdaq 100 Index futures advanced 17 to 2,023.2007-09-18T06:04:10.463"
Wall St set for defensive start,Stock Market,"Wall St set for defensive startUnited States Stock MarketWall Street was set for a weak start on Monday, with Microsoft shares down after a European Union court ruling and investors on guard ahead of earnings from investment banks this week2007-09-17T06:09:23.297"
Dollar Falls to Record Low Against Euro,Currency,"Dollar Falls to Record Low Against EuroUnited States CurrencyThe dollar fell to a record low against the euro as investors bet the Federal Reserve will reduce its target interest rate, narrowing the gap between the U.S. and Europe. 2007-09-12T06:35:39.45"
The U.S. trade deficit narrowed in July,Balance of Trade,"The U.S. trade deficit narrowed in JulyUnited States Balance of TradeThe gap shrank 0.3 percent to $59.2 billion from a revised $59.4 billion in June that was bigger than previously estimated, the Commerce Department said today in Washington. Economists anticipated a shortfall of $59 billion. Exports rose to a record.2007-09-11T06:02:48.383"
Fed Officials See Economy Weakening After Job Losses,GDP Growth Rate,"Fed Officials See Economy Weakening After Job LossesUnited States GDP Growth RateTwo Federal Reserve bank presidents suggested that the U.S. economy is weakening after the labor market shrank in August, and that the housing market shows no sign of recovery. 2007-09-10T10:54:15.277"
U.S. Payrolls Unexpectedly Drop First Time Since 2003,Unemployment Rate,"U.S. Payrolls Unexpectedly Drop First Time Since 2003United States Unemployment RateThe U.S. economy unexpectedly lost jobs in August for the first time in four years, increasing speculation that the Federal Reserve will have to reduce interest rates to counter an economic slowdown. 2007-09-07T06:14:51.297"
U.S. Stocks rally on Strong Earnings Expectations,Stock Market,U.S. Stocks rally on Strong Earnings ExpectationsUnited States Stock MarketU.S. stocks rallied after investors back from summer vacation snapped up technology and energy shares on speculation prices haven't caught up with earnings growth.2007-09-04T09:49:47.69
Bernanke offers no signal for rate cut,Interest Rate,"Bernanke offers no signal for rate cutUnited States Interest RateBernanke offered no clear signal that the Federal Reserve is poised to cut interest rates in a speech to central bankers, even as he reaffirmed its commitment to take into account the likely effects of financial market turmoil on the economy.2007-08-31T07:52:41.643"
US Real GDP increases 4.0% in Q2,GDP Growth Rate,"US Real GDP increases 4.0% in Q2United States GDP Growth RateReal gross domestic product  increased at an annual rate of 4.0 percent in the second quarter of 2007. In the first quarter, real GDP increased 0.6 percent. 2007-08-30T05:52:11.85"
U.S. Stocks Rebound on Profit Outlook,Stock Market,U.S. Stocks Rebound on Profit OutlookUnited States Stock MarketU.S. stocks rebounded from their steepest drop in three weeks after earnings prospects for technology companies improved and energy producers advanced with the price of oil. 2007-08-29T13:28:25.15
Markets slide as Fed fails to reassure,Stock Market,Markets slide as Fed fails to reassureUnited States Stock MarketFresh turbulence hit financial markets on Tuesday as warning signs mounted for the US housing market and fears about the fallout from the crisis in credit markets drove volatility.2007-08-28T19:06:00.25
Americans' Confidence Weakens by Most in Two Years,GDP Growth Rate,"Americans' Confidence Weakens by Most in Two YearsUnited States GDP Growth RateAmericans' confidence dropped by the most since Hurricane Katrina two years ago, in the first report to reflect the credit-market turmoil in August. 2007-08-28T13:33:22"
Another volatile week on Wall Street?,Stock Market,"Another volatile week on Wall Street?United States Stock MarketWall Street is heading for another volatile week, but the bulls could get a further reprieve if calm brought on by the Federal Reserve's liquidity injections and a surprise cut in its discount rate lasts.2007-08-26T20:05:23.677"
Stocks rise as subprime concerns ease,Stock Market,"Stocks rise as subprime concerns easeUnited States Stock MarketU.S. stocks rose on Monday suggesting concerns over the strength of credit markets are losing ground. The Dow Jones industrial average rose 0.32 percent to end at 13,121.35. The Standard & Poor's 500 Index edged down 0.03 percent, to finish at 1,445.552007-08-20T19:52:40.31"
Stock Markets Rally After the Fed rate cut,Stock Market,"Stock Markets Rally After the Fed rate cutUnited States Stock MarketStock markets in the U.S. and Europe rallied yesterday after the Federal Reserve unexpectedly cut the discount rate to ease a credit crunch. The Standard & Poor's 500 Index rose 34.67, or 2.5 percent, to close at 1,445.94, while the Dow Jones Industrial Average increased 233.3, or 1.8 percent, to 13,079.08.2007-08-18T08:50:28.673"
Federal Reserve cuts interest rates by 50 bps,Interest Rate,"Federal Reserve cuts interest rates by 50 bpsUnited States Interest RateTo promote the restoration of orderly conditions in financial markets, the Federal Reserve Board approved a 50 basis point reduction in the primary credit rate to   o narrow the spread between the primary credit rate and the FOMC target rate.2007-08-17T05:51:40.58"
Dow Jones recovers 300 points in the final 45 minutes,Stock Market,Dow Jones recovers 300 points in the final 45 minutesUnited States Stock MarketThe Dow industrials recoverd nearly 300 points in the final 45 minutes to finish the session down by less than 16 points. With volatility near a five year high US stocks recovered from losses early in the day after investors bought financial stocks that looked cheap.2007-08-16T18:59:43.517
U.S. Consumer Prices Rise Less Than Expected,Inflation Rate,"U.S. Consumer Prices Rise Less Than ExpectedUnited States Inflation RateConsumer prices in the U.S. rose 0.1 percent in July, the smallest gain in eight months. This level should give Fed policy makers room to maneuver in case the collapse in the Stock market gets worst.2007-08-15T07:01:28.94"
U.S. Trade Deficit Narrows in June to $58.1 Bln,Balance of Trade,U.S. Trade Deficit Narrows in June to $58.1 BlnUnited States Balance of Trade The U.S. trade deficit unexpectedly narrowed in June as exports soared to a record. The gap narrowed 1.7 percent to $58.1 billion from a revised $59.2 billion in May that was smaller than previously estimated. The imbalance with China grew. 2007-08-14T05:55:25.34
Goldman Sachs fights back by putting $3 billion on its hedge fund,Stock Market,"Goldman Sachs fights back by putting $3 billion on its hedge fundUnited States Stock MarketGoldman Sachs Group Inc. lined up $3 billion in new capital to bolster its Global Equity Opportunities Fund after it lost $1.4 billion, or 28 percent, in the past two weeks. 2007-08-13T06:40:30.47"
Stock Markets Fall Worldwide! Recession?,Stock Market,"Stock Markets Fall Worldwide! Recession?United States Stock MarketStocks markets fell worldwide as concern increased that a widening credit crisis may hurt economic growth and earnings across the world. The MSCI World has dropped 7.4 percent since touching a record on July 19 on concern the rout in U.S. subprime mortgages may spill over into the economy, erode earnings growth and curb takeovers. 2007-08-10T05:43:46"
US Federal Reserve keeps interest rates unchanged at 5.25%,Interest Rate,US Federal Reserve keeps interest rates unchanged at 5.25%United States Interest RateThe Federal Open Market Committee said that even though “Economic growth was moderate during the first half of the year” the Fed predominant policy concern remains the risk that inflation will fail to moderate.2007-08-07T16:31:16.647
U.S. Companies added the smallest number of jobs in 4 years,Unemployment Rate,"U.S. Companies added the smallest number of jobs in 4 yearsUnited States Unemployment RateCompanies in the U.S. added fewer jobs in July. The 48,000 increase, the smallest in four years, followed a revised gain of 143,000 for the prior month that was less than previously estimated, ADP Employer Services said.2007-08-01T06:26:50.807"
US core inflation was up by 0.1 percent in June,Inflation Rate,"US core inflation was up by 0.1 percent in JuneUnited States Inflation RateCore PCE prices, the Fed's favorite inflation measure, rose 0.1 percent in June, below economists' median forecast for a rise of 0.2 percent. The number left the year over year increase at 1.9 pct, within Bernanke's comfort zone.2007-07-31T06:27:05"
U.S. Economy Grew at a 3.4% Annual Rate in Q2,GDP Growth Rate,"U.S. Economy Grew at a 3.4% Annual Rate in Q2United States GDP Growth RateThe U.S. economy grew last quarter at the fastest pace in more than a year, propelled by rising exports, commercial construction and government spending. 
2007-07-27T05:58:50.35"
US new-home sales slide 6.6%,GDP Growth Rate,"US new-home sales slide 6.6%United States GDP Growth RateSales of new homes in the US fell by the most this year last month in a sign of continued weakness in the housing market. Purchases fell 6.6 per cent to an annual rate of 834,000 in June, according to the Commerce Department, which also said 22,000 fewer homes were sold in May than previously thought.2007-07-26T11:36:25.353"
Fed Says Expansion Is Hampered by Increasing Costs,GDP Growth Rate,Fed Says Expansion Is Hampered by Increasing CostsUnited States GDP Growth RateThe Federal Reserve's survey of regional economies reported that the U.S. economy is expanding with job creation and ``ongoing cost pressures.'' 2007-07-25T14:05:44.893
Fed chief acknowledges credit fears,Stock Market,"Fed chief acknowledges credit fearsUnited States Stock MarketBen Bernanke acknowledged for the first time on Wednesday that credit concerns were spreading beyond the subprime mortgage market as investors showed their worries with a flight to quality, seeking refuge in government bonds and other safe assets.2007-07-18T14:43:56.033"
US trade deficit increases to $60.0 billion in May,Balance of Trade,"US trade deficit increases to $60.0 billion in MayUnited States Balance of TradeTotal May exports of $132.0 billion and imports of $192.1 billion resulted in a goods and services deficit of $60.0 billion, compared with $58.7 billion in April, revised. 2007-07-12T11:51:13.397"
"U.S. Growth, Easing Inflation to Follow Fed `Script'",Inflation Rate,"U.S. Growth, Easing Inflation to Follow Fed `Script'United States Inflation RateThe U.S. economy will keep growing without prompting faster inflation, giving the Federal Reserve no reason to change interest rates into 2008, this month's Bloomberg News survey showed. 2007-07-10T07:53:02.347"
US June unemployment rate unchanged at 4.5%,Unemployment Rate,"US June unemployment rate unchanged at 4.5%United States Unemployment RateNonfarm payroll employment increased by 132,000 in June, and the unemployment rate was unchanged at 4.5 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported on July 6. 2007-07-06T08:53:59.38"
U.S. ISM Services Index Reached 14-Month High in June,News,"U.S. ISM Services Index Reached 14-Month High in JuneUnited States NewsGrowth in U.S. service industries unexpectedly accelerated to the fastest pace in 14 months in June, reinforcing evidence the economy picked up last quarter. 
2007-07-05T07:53:23.07"
Fed keeps the federal funds rate at 5-1/4 percent,Interest Rate,"Fed keeps the federal funds rate at 5-1/4 percentUnited States Interest RateEconomic growth appears to have been moderate during the first half of this year, despite the ongoing adjustment in the housing sector. The economy seems likely to continue to expand at a moderate pace over coming quarters.2007-06-28T13:43:10.967"
Consumer Confidence and Housing Weaken in US,GDP Growth Rate,Consumer Confidence and Housing Weaken in USUnited States GDP Growth RateConsumer confidence in the U.S. dropped more than forecast and two other reports signaled that demand for houses is still falling in the second year of the home-building slowdown. 2007-06-26T10:16:50.607
The Fed is widely expected to keep the benchmark rate at 5.25%,Interest Rate,"The Fed is widely expected to keep the benchmark rate at 5.25%United States Interest RateThe Fed is widely expected to keep the benchmark rate steady at 5.25 percent, as it has done since last summer, but the policy statement it releases Thursday will be parsed for clues about future moves.2007-06-24T16:28:27.817"
US Economy is expanding after Q1 slowdown,GDP Growth Rate,"US Economy is expanding after Q1 slowdownUnited States GDP Growth RateThe six-year expansion, which slowed to an annual pace of 0.6 percent last quarter, is gaining new life as companies increase investment. Economists are raising forecasts and predict growth this quarter will exceed 3 percent. 2007-06-21T14:06:43"
"Nonfarm payroll employment increased by 157,000 in May",Unemployment Rate,"Nonfarm payroll employment increased by 157,000 in MayUnited States Unemployment RateNonfarm payroll employment increased by 157,000 in May, the unemployment rate was unchanged at 4.5 percent and the Average hourly earnings rose by 
6 cents, or 0.3 percent, over the month.2007-06-06T11:52:47.35"
United States Trade Balance Deficit Rises to $63.9 billion,Balance of Trade,"United States Trade Balance Deficit Rises to $63.9 billionUnited States Balance of TradeThe U.S. Department of Commerce, announced today that total March exports of $126.2 billion and imports of $190.1 billion resulted in a goods and services deficit of $63.9 billion2007-06-06T11:43:28.987"
United States GDP Rises 0.6 percent in the first quarter of  2007,GDP Growth Rate,"United States GDP Rises 0.6 percent in the first quarter of  2007United States GDP Growth RateReal gross domestic product increased at an annual rate of 0.6 percent in the first quarter of  2007, according to preliminary estimates released by the Bureau of Economic Analysis2007-06-06T11:40:26.69"
Consumer Price Index 2.6 percent higher than in April 2006,Inflation Rate,"Consumer Price Index 2.6 percent higher than in April 2006United States Inflation RateThe Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in April, before seasonal adjustment, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.  2007-06-06T11:36:51.06"
U.S. Federal Reserve Kept Rates Unchanged at 5.25 Percent,Interest Rate,U.S. Federal Reserve Kept Rates Unchanged at 5.25 PercentUnited States Interest RateThe Committee's predominant policy concern remains the risk that inflation will fail to moderate as expected. Future policy adjustments will depend on the evolution of the outlook for both inflation and economic growth.2007-06-06T11:27:02.277
Trade Deficit Increases in March 2007,Balance of Trade,"Trade Deficit Increases in March 2007United States Balance of TradeThe United States international deficit in goods and services increased to $63.9 billion in March from $57.9 billion (revised) in February, as imports increased more than exports. (10 May 2007)2007-06-04T13:13:47"
Blackstone boosts IPO after Beijing takes $3bn stake,News,"Blackstone boosts IPO after Beijing takes $3bn stakeUnited States NewsThe Chinese government is to use $3bn of its vast foreign exchange reserves to buy a 9.9% stake in Blackstone, as the US buy-out fund said it had increased the size of its IPO to up to $4.75bn.2007-06-04T13:02:14.917"